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 |
US Steel
X
|
+$57.3M |
| 2 |
Telephone and Data Systems
TDS
|
+$20.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AerCap
AER
|
+$39.6M |
| 2 |
EchoStar
ECHO
|
+$19M |
| 3 |
Astronics
ATRO
|
+$8.75M |
| 4 |
American Public Education
APEI
|
+$2.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 30.84% |
| 2 | Industrials | 25.6% |
| 3 | Materials | 23.91% |
| 4 | Miscellaneous | 12.55% |
| 5 | Consumer Staples | 3.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
AerCap
AER
$26.7B
| $166M | 24.78% |
1,624,863
-400,000
| -20% | -$39.6M |
2021 Q3
14 quarters
|
|
|
2
EchoStar
ECHO
$29.1B
| $163M | 24.29% |
6,359,984
-700,000
| -10% | -$19M |
2024 Q1
4 quarters
|
|
|
3
DELISTED
US Steel
X
| $150M | 22.34% |
3,540,422
+1,515,321
| +75% | +$57.3M |
2024 Q1
4 quarters
|
|
|
4
American Public Education
APEI
$744M
| $25.2M | 3.76% |
1,127,255
-133,724
| -11% | -$2.9M |
2021 Q2
15 quarters
|
|
|
5
Telephone and Data Systems
TDS
$3.43B
| $22.1M | 3.3% |
+570,213
| New | +$20.5M |
2025 Q1
0 quarters
|
|
6
Optimum Communications Inc
OPTU
$200M
| $21.8M | 3.25% |
8,189,270
| – | – |
2021 Q3
14 quarters
|
|
7
Mercer International
MERC
$16.1M
| $10.5M | 1.57% |
1,712,725
| – | – |
2013 Q2
47 quarters
|
|
8
Studio City International Holdings
MSC
$184M
| $8.19M | 1.22% |
3,239,073
| – | – |
2018 Q4
25 quarters
|
|
9
Caesars Entertainment
CZR
$5.98B
| $8M | 1.19% |
320,000
| – | – |
2024 Q1
4 quarters
|
|
|
10
Astronics
ATRO
$2.54B
| $5.46M | 0.82% |
271,072
-520,453
| -66% | -$8.75M |
2024 Q4
1 quarter
|
|
11
CBL Properties
CBL
$1.69B
| $3.13M | 0.47% |
117,613
| – | – |
2021 Q4
13 quarters
|
|
12
eHealth
EHTH
$13.4M
| $3.12M | 0.47% |
467,395
| – | – |
2024 Q3
2 quarters
|
|
Similar funds
Jonathan Kolatch's Q1 2025 Portfolio in Review
As of Q1 2025, Jonathan Kolatch held 13 positions worth $670M, up 11% from $603M the previous quarter. Its ten largest holdings account for 98% of the portfolio.
Jonathan Kolatch withdrew a net $71.4M in Q1 2025, reducing 4 holdings. Its largest reduction was AerCap, cutting an estimated $39.6M.
By sector, the portfolio is most concentrated in Communication Services at 31% of assets, up from 30% a quarter earlier, followed by Industrials and Materials.
Against the trend, Jonathan Kolatch opened a new position in Telephone and Data Systems worth $22.1M.
- Jonathan Kolatch's largest Q1 2025 buy was Telephone and Data Systems: 570,213 shares worth $22.1M.
- Jonathan Kolatch added most to US Steel in Q1 2025, an estimated $57.3M increase.
- Jonathan Kolatch's biggest Q1 2025 reduction was AerCap, cutting an estimated $39.6M.
- Jonathan Kolatch's ten largest holdings make up 98% of its $670M portfolio in Q1 2025.
- Jonathan Kolatch opened 1 new position and closed 0 in Q1 2025.
- Jonathan Kolatch's portfolio value rose 11% quarter-over-quarter to $670M.
Based on Redwood Capital Management's 13F filing for Q1 2025, filed 15 May 2025.