We are live on ! Find out more
JK

Jonathan Kolatch Redwood Capital Management

AUM $927M
1-Year Est. Return 153.64%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+14.12%
1 Year Est. Return
+153.64%
3 Year Est. Return
+312.54%
5 Year Est. Return
+223.92%
10 Year Est. Return
+552.34%
AUM
$1.46B
AUM Growth
+$266M
Cap. Flow
+$47.1M
Cap. Flow %
3.23%
Top 10 Hldgs %
71.62%
Holding
68
New
5
Increased
9
Reduced
9
Closed
9

Top Buys

Rank Stock Value
1
PCG icon
PG&E
PCG
+$160M
2
CELG
Celgene Corp
CELG
+$74.7M
3
TAK icon
Takeda Pharmaceutical
TAK
+$16.7M
4
OIBR.C
OI S.A. American Depositary Shares, each representing five shares of common stock
OIBR.C
+$10.1M
5
DIS icon
Walt Disney
DIS
+$2.34M

Top Sells

Rank Stock Value
1
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
+$34.1M
2
SHPG
Shire pic
SHPG
+$33.7M
3
GE icon
GE Aerospace
GE
+$22.4M
4
AABA
Altaba Inc
AABA
+$16.9M
5
DELL icon
Dell
DELL
+$15.7M

Sector Composition

Rank Sector Weight
1 Technology 31.17%
2 Utilities 17.31%
3 Healthcare 10.15%
4 Industrials 7.85%
5 Financials 6.27%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AABA
1
DELISTED
Altaba Inc
AABA
$411M 28.17%
5,550,072
-246,000
-4% -$16.9M
PCG icon
2
PG&E
PCG
$38.8B
$251M 17.18%
14,093,695
+9,876,596
+234% +$160M
CELG
3
DELISTED
Celgene Corp
CELG
$80.6M 5.52%
+854,500
New +$74.7M
VER
4
DELISTED
VEREIT, Inc.
VER
$77.9M 5.33%
1,860,355
– –
C icon
5
Citigroup
C
$221B
$47.9M 3.28%
770,000
-50,000
-6% -$3.1M
DAL icon
6
Delta Air Lines
DAL
$54.2B
$41.3M 2.83%
800,000
– –
MU icon
7
Micron Technology
MU
$1.09T
$36.2M 2.48%
875,000
-29,300
-3% -$1.13M
THC icon
8
Tenet Healthcare
THC
$22.6B
$34.2M 2.34%
1,187,055
– –
MERC icon
9
Mercer International
MERC
$28.5M
$28M 1.92%
2,070,724
– –
ETRN
10
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
$22.9M 1.57%
1,052,453
– –
OIBR.C
11
DELISTED
OI S.A. American Depositary Shares, each representing five shares of common stock
OIBR.C
$21.9M 1.5%
11,674,715
+5,144,623
+79% +$10.1M
MSC
12
Studio City International Holdings
MSC
$356M
$19.3M 1.32%
1,219,536
+3,102
+0.3% +$49.7K
TEO icon
13
Telecom Argentina
TEO
$5.66B
$18.7M 1.28%
1,281,992
– –
PRU icon
14
Prudential Financial
PRU
$41.8B
$18.4M 1.26%
200,000
– –
PARA
15
DELISTED
Paramount Global Class B
PARA
$18.3M 1.25%
384,200
– –
TAK icon
16
Takeda Pharmaceutical
TAK
$58.1B
$16.9M 1.15%
+827,955
New +$16.7M
VRS
17
DELISTED
Verso Corporation
VRS
$16.5M 1.13%
769,114
– –
DCH
18
Dauch Corp
DCH
$1.63B
$15.9M 1.09%
1,114,132
-50,000
-4% -$723K
HWM icon
19
Howmet Aerospace
HWM
$108B
$15.9M 1.09%
1,087,496
+65,200
+6% +$934K
CZR
20
DELISTED
Caesars Entertainment Corporation
CZR
$15.6M 1.07%
1,800,000
+100,000
+6% +$867K
OC icon
21
Owens Corning
OC
$11.7B
$15.3M 1.05%
325,000
– –
HRI icon
22
Herc Holdings
HRI
$5.41B
$13.9M 0.95%
356,686
– –
CVS icon
23
CVS Health
CVS
$119B
$13.6M 0.93%
252,284
– –
GM icon
24
General Motors
GM
$77.2B
$13M 0.89%
350,200
+200
+0.1% +$7.6K
PLYA
25
DELISTED
Playa Hotels & Resorts
PLYA
$12.5M 0.86%
1,638,610
– –
1
2 3

Similar funds

FSA
Fort Sheridan Advisors Highland Park, Illinois $928M AUM 38.18% 1-Year Est. Return
IC
Ikarian Capital Dallas, Texas $928M AUM 596.14% 1-Year Est. Return
AWM
Arista Wealth Management Las Vegas, Nevada $927M AUM 24.58% 1-Year Est. Return
CAM
Claret Asset Management Montreal, Quebec, Canada $928M AUM 25.4% 1-Year Est. Return
CB
Community Bank Dewitt, New York $926M AUM 31.78% 1-Year Est. Return
AA
ABC Arbitrage Paris, France $926M AUM 45.9% 1-Year Est. Return
MPM
MBB Public Markets Chicago, Illinois $926M AUM 11.38% 1-Year Est. Return
CICI
Capital Investment Counsel Inc Raleigh, North Carolina $929M AUM 53.07% 1-Year Est. Return

Jonathan Kolatch's Q1 2019 Portfolio in Review

As of Q1 2019, Jonathan Kolatch held 68 positions worth $1.46B, up 22% from $1.19B the previous quarter. Its ten largest holdings account for 72% of the portfolio.

Jonathan Kolatch deployed $47.1M of net new capital in Q1 2019, opening 5 new positions and adding to 9 existing holdings. Its largest new stake was Celgene Corp: 854,500 shares worth $80.6M.

By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 33% a quarter earlier, followed by Utilities and Healthcare.

On the sell side, the largest reduction was GE Aerospace, an estimated $22.4M trimmed.

  • Jonathan Kolatch's largest Q1 2019 buy was Celgene Corp: 854,500 shares worth $80.6M.
  • Jonathan Kolatch added most to PG&E in Q1 2019, an estimated $160M increase.
  • Jonathan Kolatch's biggest Q1 2019 reduction was GE Aerospace, cutting an estimated $22.4M.
  • Jonathan Kolatch fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $34.1M.
  • Jonathan Kolatch's ten largest holdings make up 72% of its $1.46B portfolio in Q1 2019.
  • Jonathan Kolatch opened 5 new positions and closed 9 in Q1 2019.
  • Jonathan Kolatch's portfolio value rose 22% quarter-over-quarter to $1.46B.

Based on Redwood Capital Management's 13F filing for Q1 2019, filed 15 May 2019.