We are live on
!
Find out more
CP
Centerbridge Partners Portfolio holdings
AUM
$61.1M
1-Year Est. Return
3.67%
This Fund
S&P 500
This Quarter
Est. Return
-1.1%
1 Year Est. Return
+3.67%
3 Year Est. Return
+16.09%
5 Year Est. Return
+20.97%
10 Year Est. Return
+25.5%
AUM
$729M
AUM Growth
-$254M
(-26%)
Cap. Flow
-$243M
Cap. Flow
% of AUM
-33.35%
Top 10 Holdings %
Top 10 Hldgs %
94.11%
Holding
18
New
1
Increased
3
Reduced
6
Closed
4
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PG&E
PCG
|
+$62.9M |
| 2 |
SGI
Somnigroup International
SGI
|
+$23M |
| 3 |
UNIT
Uniti Group
UNIT
|
+$8.36M |
| 4 |
SDRL
Seadrill Limited Common Stock
SDRL
|
+$107K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vistra
VST
|
+$154M |
| 2 |
Champion Homes
SKY
|
+$66.3M |
| 3 |
AY
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
|
+$38.2M |
| 4 |
RDC
Rowan Companies Plc
RDC
|
+$23.6M |
| 5 |
FOCS
Focus Financial Partners Inc. Class A
FOCS
|
+$19.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Utilities | 20.29% |
| 2 | Consumer Discretionary | 18.74% |
| 3 | Industrials | 10.74% |
| 4 | Financials | 8.67% |
| 5 | Energy | 4.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SGI
1
Somnigroup International
SGI
$14.1B
| $136M | 18.74% |
9,467,476
+1,700,000
| +22% | +$23M |
|
|
2
PG&E
PCG
$37.4B
| $120M | 16.49% |
6,749,417
+3,894,232
| +136% | +$62.9M |
|
|
ARA
3
DELISTED
American Renal Associates Holdings, Inc
ARA
| $108M | 14.85% |
17,615,836
| – | – |
|
4
Genco Shipping & Trading
GNK
$1.15B
| $78.2M | 10.74% |
10,486,622
| – | – |
|
|
SDRL
5
DELISTED
Seadrill Limited Common Stock
SDRL
| $65.4M | 8.97% |
7,867,926
+11,887
| +0.2% | +$107K |
|
|
FOCS
6
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $63.2M | 8.67% |
1,772,435
-608,517
| -26% | -$19.2M |
|
|
RDC
7
DELISTED
Rowan Companies Plc
RDC
| $33.3M | 4.57% |
3,084,947
-2,025,053
| -40% | -$23.6M |
|
8
Brixmor Property Group
BRX
$9.66B
| $18.3M | 2.52% |
998,392
-571,000
| -36% | -$9.73M |
|
|
9
Vistra
VST
$52.5B
| $14.4M | 1.97% |
552,500
-6,108,217
| -92% | -$154M |
|
|
I
10
DELISTED
INTELSAT S. A.
I
| $13.4M | 1.84% |
857,800
| – | – |
|
|
AY
11
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $13.3M | 1.82% |
682,419
-2,008,235
| -75% | -$38.2M |
|
12
PUT
Genworth Financial
GNW
$3.8B
| $9.83M | 1.35% |
2,565,400
-1,261,700
| -33% | -$5.53M |
|
|
UNIT
13
Uniti Group
UNIT
$2.37B
| $6.39M | 0.88% |
+571,027
| New | +$8.36M |
|
|
COOP
14
DELISTED
Mr. Cooper
COOP
| – | – |
-246,227
| Closed | -$2.87M |
|
15
PUT
Transocean
RIG
$5.69B
| – | – |
-2,500,000
| Closed | -$17.4M |
|
|
16
Champion Homes
SKY
$4.38B
| – | – |
-4,513,071
| Closed | -$66.3M |
|
|
HOS
17
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| – | – |
-366,984
| Closed | -$529K |
|
Similar funds
KC
HPCM
TCDRS
ACM
CMANY
NI
GC
BGPJL
Centerbridge Partners's Q1 2019 Portfolio in Review
As of Q1 2019, Centerbridge Partners held 18 positions worth $729M, down 26% from $982M the previous quarter. Its ten largest holdings account for 94% of the portfolio.
Centerbridge Partners withdrew a net $243M in Q1 2019, closing 4 positions and reducing 6 holdings. Its most notable exit was Champion Homes, an estimated $66.3M position sold in full.
By sector, the portfolio is most concentrated in Utilities at 20% of assets, down from 28% a quarter earlier, followed by Consumer Discretionary and Industrials.
Against the trend, Centerbridge Partners opened a new position in Uniti Group worth $6.39M.
- Centerbridge Partners's largest Q1 2019 buy was Uniti Group: 571,027 shares worth $6.39M.
- Centerbridge Partners added most to PG&E in Q1 2019, an estimated $62.9M increase.
- Centerbridge Partners's biggest Q1 2019 reduction was Vistra, cutting an estimated $154M.
- Centerbridge Partners fully exited Champion Homes in Q1 2019, selling an estimated $66.3M.
- Centerbridge Partners's ten largest holdings make up 94% of its $729M portfolio in Q1 2019.
- Centerbridge Partners opened 1 new position and closed 4 in Q1 2019.
- Centerbridge Partners's portfolio value fell 26% quarter-over-quarter to $729M.
Based on Centerbridge Partners's 13F filing for Q1 2019, filed 15 May 2019.