Filed: 2/13/2025ACC: 0000950123-25-001963
📋 What this filing means
VARDE MANAGEMENT, L.P. filed this quarterly 13F‑HR report disclosing 6 equity positions with a total reported market value of $121.70M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
6
Positions
$121.70M
Total AUM (reported)
9.01M
Total Shares
Allocation by class
SPONSORED ADR$97.46M80.1%
COM$17.18M14.1%
NOTE$2.93M2.4%
CL A$2.62M2.2%
COM SHS$1.50M1.2%
Portfolio Concentration
Top 3$116.02M95.3%
4–10$5.68M4.7%
Top 3 weight
95.3%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 9.01M
Sole
Full voting authority
9.01M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole6
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings6
Rows:
Latam Airlines Group SA
SOLEShares3.53M
TypeSH
Market value$97.46M
80.09%
Sole
3.53M
Shared
0.00
None
0.00
OneMain Hlgs Inc
SOLEShares299.79K
TypeSH
Market value$15.63M
12.84%
Sole
299.79K
Shared
0.00
None
0.00
Chegg Inc
SOLEShares3M
TypePRN
Market value$2.93M
2.41%
Sole
3M
Shared
0.00
None
0.00
Valaris Ltd
SOLEShares59.22K
TypeSH
Market value$2.62M
2.15%
Sole
59.22K
Shared
0.00
None
0.00
Tidewater Inc
SOLEShares28.39K
TypeSH
Market value$1.55M
1.28%
Sole
28.39K
Shared
0.00
None
0.00
Ashford Hospitality Tr Inc
SOLEShares2.09M
TypeSH
Market value$1.50M
1.24%
Sole
2.09M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Latam Airlines Group SASOLE | SPONSORED ADR | 3.53M | SH | $97.46M 80.09% | 3.53M | 0.00 | 0.00 |
OneMain Hlgs IncSOLE | COM | 299.79K | SH | $15.63M 12.84% | 299.79K | 0.00 | 0.00 |
Chegg IncSOLE | NOTE | 3M | PRN | $2.93M 2.41% | 3M | 0.00 | 0.00 |
Valaris LtdSOLE | CL A | 59.22K | SH | $2.62M 2.15% | 59.22K | 0.00 | 0.00 |
Tidewater IncSOLE | COM | 28.39K | SH | $1.55M 1.28% | 28.39K | 0.00 | 0.00 |
Ashford Hospitality Tr IncSOLE | COM SHS | 2.09M | SH | $1.50M 1.24% | 2.09M | 0.00 | 0.00 |