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 |
APC
Anadarko Petroleum
APC
|
+$26.6M |
| 2 |
Bausch Health
BHC
|
+$11.9M |
| 3 |
Hilton Grand Vacations
HGV
|
+$10.7M |
| 4 |
TPIC
TPI Composites
TPIC
|
+$8.74M |
| 5 |
Fox Class A
FOXA
|
+$6.83M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$31.5M |
| 2 |
Howmet Aerospace
HWM
|
+$15.9M |
| 3 |
PG&E
PCG
|
+$14.7M |
| 4 |
Kinder Morgan
KMI
|
+$9.01M |
| 5 |
Micron Technology
MU
|
+$7.62M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.32% |
| 2 | Utilities | 20.99% |
| 3 | Healthcare | 10.75% |
| 4 | Consumer Discretionary | 7.15% |
| 5 | Industrials | 7.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
JCP
51
DELISTED
J.C. Penney Company, Inc.
JCP
| $1.71M | 0.12% |
1,500,000
| – | – |
|
52
Alpha Metallurgical Resources
AMR
$2.66B
| $1.61M | 0.11% |
31,042
-4,233
| -12% | -$235K |
|
53
NRG Energy
NRG
$23.8B
| $1.58M | 0.11% |
45,042
| – | – |
|
54
Clear Channel Outdoor Holdings
CCO
$1.21B
| $1.51M | 0.1% |
+321,006
| New | +$1.64M |
|
|
AVYA
55
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $1.15M | 0.08% |
96,403
-13,147
| -12% | -$201K |
|
56
Adient
ADNT
$1.54B
| $971K | 0.07% |
40,000
| – | – |
|
57
SandRidge Energy
SD
$532M
| $826K | 0.06% |
119,347
| – | – |
|
58
Wabtec
WAB
$50.3B
| $286K | 0.02% |
3,990
| – | – |
|
59
Bristow Group
VTOL
$1.34B
| $152K | 0.01% |
9,103
| – | – |
|
|
QHC
60
DELISTED
Quorum Health Corporation
QHC
| $26K | ﹤0.01% |
18,655
| – | – |
|
61
Walt Disney
DIS
$186B
| – | – |
-20,943
| Closed | -$2.33M |
|
|
62
Howmet Aerospace
HWM
$108B
| – | – |
-1,087,496
| Closed | -$15.9M |
|
|
63
Kinder Morgan
KMI
$69B
| – | – |
-450,000
| Closed | -$9.01M |
|
64
Meta Platforms (Facebook)
META
$1.4T
| – | – |
-25,000
| Closed | -$4.17M |
|
Similar funds
Jonathan Kolatch's Q2 2019 Portfolio in Review
As of Q2 2019, Jonathan Kolatch held 65 positions worth $1.47B, up 0.42% from $1.46B the previous quarter. Its ten largest holdings account for 70% of the portfolio.
Jonathan Kolatch's Q2 2019 filing shows 7 new, 3 increased, 10 reduced and 4 closed positions. Its largest new stake was Anadarko Petroleum: 397,121 shares worth $28M. The largest sale was Altaba Inc, an estimated $31.5M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 31% a quarter earlier, followed by Utilities and Healthcare.
- Jonathan Kolatch's largest Q2 2019 buy was Anadarko Petroleum: 397,121 shares worth $28M.
- Jonathan Kolatch added most to TPI Composites in Q2 2019, an estimated $8.74M increase.
- Jonathan Kolatch's biggest Q2 2019 reduction was Altaba Inc, cutting an estimated $31.5M.
- Jonathan Kolatch fully exited Howmet Aerospace in Q2 2019, selling an estimated $15.9M.
- Jonathan Kolatch's ten largest holdings make up 70% of its $1.47B portfolio in Q2 2019.
- Jonathan Kolatch opened 7 new positions and closed 4 in Q2 2019.
- Jonathan Kolatch's portfolio value rose 0.42% quarter-over-quarter to $1.47B.
Based on Redwood Capital Management's 13F filing for Q2 2019, filed 14 Aug 2019.