13F HOLDINGS REPORT
Varde Management, L.P.
Quarter ended Q1 2023 · Filed February 13, 2023 · Accession 0000950123-23-001827
Total Value
$242.2M
Positions
11
Other Managers
0
Confidential Omitted
No
Holdings (11)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | IQIYI Inc | IQ | 92,320,000 | $57.0M | 23.54% |
| 2 | VNET Group Inc | VNET | 68,663,000 | $56.3M | 23.23% |
| 3 | VICI Pptys Inc | 925652109 | 1,049,240 | $34.0M | 14.04% |
| 4 | OneMain Hlgs Inc | OMF | 989,624 | $33.0M | 13.61% |
| 5 | Nio Inc | NIOIF | 38,064,000 | $28.9M | 11.95% |
| 6 | Seadrill 2021 Ltd | SDRL | 607,000 | $19.7M | 8.15% |
| 7 | Ashford Hospitality Tr Inc | AHT-PD | 2,176,453 | $9.7M | 4.02% |
| 8 | Carnival Corp | CUKPF | 127,937 | $3.3M | 1.37% |
| 9 | Norwegian Cruise Line Hldg L | NCLH | 25,985 | $103,940 | 0.04% |
| 10 | Norwegian Cruise Line Hldg L | NCLH | 5,952 | $83,328 | 0.03% |
| 11 | Royal Caribbean Group | V7780T953 | 2,732 | $24,588 | 0.01% |