Jonathan Kolatch Redwood Capital Management
Jonathan Kolatch is associated with Redwood Capital Management, a firm active in credit and special-situation investing. Redwood’s approach typically emphasizes complex capital structures, event-driven opportunities, and rigorous credit analysis. The firm’s activity is followed by investors who track credit-oriented alternative managers.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
VER
VEREIT, Inc.
VER
|
+$69.7M |
| 2 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
+$14.4M |
| 3 |
YHOO
Yahoo Inc
YHOO
|
+$14.1M |
| 4 |
Herc Holdings
HRI
|
+$6.76M |
| 5 |
Delta Air Lines
DAL
|
+$6.31M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LVNTA
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
|
+$25.3M |
| 2 |
LTRPA
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
|
+$22.6M |
| 3 |
HES
Hess
HES
|
+$15.8M |
| 4 |
APC
Anadarko Petroleum
APC
|
+$15.2M |
| 5 |
SPR
Spirit AeroSystems
SPR
|
+$6.81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 28.72% |
| 2 | Industrials | 14.1% |
| 3 | Healthcare | 12.6% |
| 4 | Consumer Discretionary | 12.04% |
| 5 | Real Estate | 10.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
CALL
Exelon
EXC
$45.1B
| – | – |
-106,552
| Closed | -$2.59M |
|
52
FirstEnergy
FE
$26.6B
| – | – |
-25,000
| Closed | -$839K |
|
|
HES
53
DELISTED
Hess
HES
| – | – |
-168,000
| Closed | -$15.8M |
|
|
SPR
54
DELISTED
Spirit AeroSystems
SPR
| – | – |
-179,000
| Closed | -$6.81M |
|
|
LTRPA
55
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| – | – |
-666,300
| Closed | -$22.6M |
|
|
SC
56
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| – | – |
-50,000
| Closed | -$890K |
|
|
APC
57
DELISTED
Anadarko Petroleum
APC
| – | – |
-150,000
| Closed | -$15.2M |
|
|
LVNTA
58
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| – | – |
-666,300
| Closed | -$25.3M |
|
Similar funds
Jonathan Kolatch's Q4 2014 Portfolio in Review
As of Q4 2014, Jonathan Kolatch held 58 positions worth $953M, up 1.5% from $939M the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Jonathan Kolatch's Q4 2014 filing shows 3 new, 8 increased, 8 reduced and 9 closed positions. Its largest new stake was Yahoo Inc: 300,000 shares worth $15.2M. The largest sale was Liberty Interactive Corporation Series A Liberty Ventures, an estimated $25.3M.
By sector, the portfolio is most concentrated in Financials at 29% of assets, down from 29% a quarter earlier, followed by Industrials and Healthcare.
- Jonathan Kolatch's largest Q4 2014 buy was Yahoo Inc: 300,000 shares worth $15.2M.
- Jonathan Kolatch added most to VEREIT, Inc. in Q4 2014, an estimated $69.7M increase.
- Jonathan Kolatch's biggest Q4 2014 reduction was Elevance Health, cutting an estimated $6.18M.
- Jonathan Kolatch fully exited Liberty Interactive Corporation Series A Liberty Ventures in Q4 2014, selling an estimated $25.3M.
- Jonathan Kolatch's ten largest holdings make up 51% of its $953M portfolio in Q4 2014.
- Jonathan Kolatch opened 3 new positions and closed 9 in Q4 2014.
- Jonathan Kolatch's portfolio value rose 1.5% quarter-over-quarter to $953M.
Based on Redwood Capital Management's 13F filing for Q4 2014, filed 17 Feb 2015.