VM

Varde Management Portfolio holdings

AUM $75.5M
This Quarter Return
-4.59%
1 Year Return
-15.5%
3 Year Return
-11.3%
5 Year Return
–
10 Year Return
–
AUM
$105M
AUM Growth
+$105M
Cap. Flow
+$5.55M
Cap. Flow %
5.29%
Top 10 Hldgs %
100%
Holding
15
New
2
Increased
1
Reduced
2
Closed
4

Top Buys

1
ALLY icon
Ally Financial
ALLY
$22.9M
2
RBS.PRL.CL
Royal Bank Of Scotland Group Plc
RBS.PRL.CL
$18.4M
3
AAL icon
American Airlines Group
AAL
$56K

Top Sells

1
RBS.PRN
ROYAL BK SCOTLAND GROUP PLC ADR RPTNG PFD SHRS SER N (UK)
RBS.PRN
$12.8M
2
OCSL icon
Oaktree Specialty Lending
OCSL
$10.2M
3
MFIC icon
MidCap Financial Investment
MFIC
$10.1M
4
SLRC icon
SLR Investment Corp
SLRC
$1.28M
5
RBS.PRP
Royal Bank of Scotland Group Plc (The) ADR representing Pref
RBS.PRP
$782K

Sector Composition

1 Financials 59.07%
2 Industrials 0.05%
3 Energy 0%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
RBS.PRL.CL
1
DELISTED
Royal Bank Of Scotland Group Plc
RBS.PRL.CL
$30.6M 28.99% 1,320,919 +794,755 +151% +$18.4M
ALLY icon
2
Ally Financial
ALLY
$12.6B
$22.9M 21.72% +990,927 New +$22.9M
PSEC icon
3
Prospect Capital
PSEC
$1.38B
$14.4M 13.6% 1,450,000 – –
PFX icon
4
PhenixFIN
PFX
$97.3M
$10.1M 9.57% 855,958 – –
ARCC icon
5
Ares Capital
ARCC
$15.8B
$9.7M 9.18% 600,000 – –
FCRD
6
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
$5.1M 4.83% 395,601 -54,220 -12% -$699K
SLRC icon
7
SLR Investment Corp
SLRC
$907M
$4.92M 4.66% 263,614 -68,486 -21% -$1.28M
COB
8
DELISTED
CommunityOne Bancorp
COB
$4.11M 3.89% 465,503 – –
RBS.PRR
9
DELISTED
Royal Bank of Scotland Group Plc (The) ADR repstg USD Pfd Sh
RBS.PRR
$3.1M 2.94% 130,254 – –
AAL icon
10
American Airlines Group
AAL
$8.82B
$56K 0.05% +1,593 New +$56K
MFIC icon
11
MidCap Financial Investment
MFIC
$1.23B
– – -1,175,000 Closed -$10.1M
OCSL icon
12
Oaktree Specialty Lending
OCSL
$1.23B
– – -1,035,055 Closed -$10.2M
ACI
13
DELISTED
ARCH COAL, INC.
ACI
– – 0 – –
RBS.PRN
14
DELISTED
ROYAL BK SCOTLAND GROUP PLC ADR RPTNG PFD SHRS SER N (UK)
RBS.PRN
– – -533,000 Closed -$12.8M
RBS.PRP
15
DELISTED
Royal Bank of Scotland Group Plc (The) ADR representing Pref
RBS.PRP
– – -33,000 Closed -$782K