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
-1.38%
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
$1.3B
AUM Growth
-$229M
Cap. Flow
-$271M
Cap. Flow %
-20.81%
Top 10 Hldgs %
55.11%
Holding
49
New
6
Increased
7
Reduced
10
Closed
7

Top Buys

Rank Stock Value
1
OPTU
Optimum Communications Inc
OPTU
+$68.1M
2
AER icon
AerCap
AER
+$40.9M
3
DOLE icon
Dole
DOLE
+$36.3M
4
ACT icon
Enact Holdings
ACT
+$31.8M
5
SPR
Spirit AeroSystems
SPR
+$26.2M

Top Sells

Rank Stock Value
1
WFC icon
Wells Fargo
WFC
+$110M
2
BFH icon
Bread Financial
BFH
+$110M
3
SVC
Service Properties Trust
SVC
+$56M
4
FYBR
Frontier Communications
FYBR
+$52.6M
5
LAUR icon
Laureate Education
LAUR
+$38.1M

Sector Composition

Rank Sector Weight
1 Financials 24.56%
2 Industrials 11.43%
3 Utilities 10.39%
4 Consumer Discretionary 10.04%
5 Communication Services 9.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PCG icon
1
PG&E
PCG
$38.8B
$135M 10.39%
14,088,519
– –
C icon
2
Citigroup
C
$221B
$90.5M 6.95%
1,290,000
– –
ADNT icon
3
Adient
ADNT
$1.54B
$76.1M 5.84%
1,835,977
+549,854
+43% +$21.9M
SPR
4
DELISTED
Spirit AeroSystems
SPR
$73.5M 5.65%
1,664,079
+626,157
+60% +$26.2M
BFH icon
5
Bread Financial
BFH
$4.07B
$68M 5.22%
844,868
-1,418,511
-63% -$110M
BHC icon
6
Bausch Health
BHC
$2.41B
$66.9M 5.14%
2,403,137
+100,000
+4% +$2.84M
RDN icon
7
Radian Group
RDN
$4.84B
$57.1M 4.38%
2,512,427
– –
OPTU
8
Optimum Communications Inc
OPTU
$323M
$48.5M 3.72%
+2,338,370
New +$68.1M
MTG icon
9
MGIC Investment
MTG
$6.34B
$48.4M 3.72%
3,234,596
– –
AER icon
10
AerCap
AER
$23B
$44.1M 3.38%
+762,299
New +$40.9M
LOMA
11
Loma Negra
LOMA
$1.09B
$41.9M 3.22%
5,873,428
-627,952
-10% -$4.68M
DOLE icon
12
Dole
DOLE
$1.26B
$40M 3.07%
+2,357,687
New +$36.3M
VNO icon
13
Vornado Realty Trust
VNO
$7.07B
$39.1M 3.01%
931,901
– –
APEI icon
14
American Public Education
APEI
$835M
$38.6M 2.96%
1,507,313
+729,933
+94% +$20M
ACT icon
15
Enact Holdings
ACT
$6.76B
$32.9M 2.53%
+1,500,000
New +$31.8M
ETRN
16
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
$31.7M 2.44%
3,130,760
– –
T icon
17
AT&T
T
$173B
$30.3M 2.32%
1,482,880
– –
THC icon
18
Tenet Healthcare
THC
$22.6B
$26.5M 2.04%
399,138
– –
HRI icon
19
Herc Holdings
HRI
$5.41B
$24.8M 1.9%
151,724
-73,666
-33% -$9.34M
MERC icon
20
Mercer International
MERC
$28.5M
$24.5M 1.88%
2,113,778
+691,089
+49% +$8.01M
VER
21
DELISTED
VEREIT, Inc.
VER
$21.5M 1.65%
475,216
-335,128
-41% -$16.3M
FYBR
22
DELISTED
Frontier Communications
FYBR
$20.8M 1.59%
745,000
-1,767,817
-70% -$52.6M
SVC
23
Service Properties Trust
SVC
$1.05B
$16.9M 1.3%
302,382
-984,603
-77% -$56M
CCL icon
24
Carnival Corporation Ltd
CCL
$35.2B
$16.3M 1.25%
650,000
+300,000
+86% +$6.98M
WFC icon
25
Wells Fargo
WFC
$254B
$15.1M 1.16%
325,520
-2,374,957
-88% -$110M
1
2

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 Q3 2021 Portfolio in Review

As of Q3 2021, Jonathan Kolatch held 49 positions worth $1.3B, down 15% from $1.53B the previous quarter. Its ten largest holdings account for 55% of the portfolio.

Jonathan Kolatch withdrew a net $271M in Q3 2021, closing 7 positions and reducing 10 holdings. Its most notable exit was Laureate Education, an estimated $38.1M position sold in full.

By sector, the portfolio is most concentrated in Financials at 25% of assets, down from 35% a quarter earlier, followed by Industrials and Utilities.

Against the trend, Jonathan Kolatch opened a new position in Optimum Communications Inc worth $48.5M.

  • Jonathan Kolatch's largest Q3 2021 buy was Optimum Communications Inc: 2,338,370 shares worth $48.5M.
  • Jonathan Kolatch added most to Spirit AeroSystems in Q3 2021, an estimated $26.2M increase.
  • Jonathan Kolatch's biggest Q3 2021 reduction was Wells Fargo, cutting an estimated $110M.
  • Jonathan Kolatch fully exited Laureate Education in Q3 2021, selling an estimated $38.1M.
  • Jonathan Kolatch's ten largest holdings make up 55% of its $1.3B portfolio in Q3 2021.
  • Jonathan Kolatch opened 6 new positions and closed 7 in Q3 2021.
  • Jonathan Kolatch's portfolio value fell 15% quarter-over-quarter to $1.3B.

Based on Redwood Capital Management's 13F filing for Q3 2021, filed 15 Nov 2021.