Varde Management, L.P.
- SEC CIK
- 0001559130
- Latest filing
- Aug 14, 2026
Holdings in Q2 2022
Holdings as of Jun 30, 2022, filed Aug 9, 2022. Long positions only; changes compare share counts with Q1 2022.
- Positions
- 13
- +3 vs. Q1 2022
- Portfolio value
- $361.5M
- −$18.3M (−4.8%) vs. Q1 2022
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| VICIVici Properties Inc. | COM | 3,113,586 | $92.8M | 25.7% | 00.0% | Unchanged | History |
| iQIYI, Inc.46267XAE8 | NOTE 4.000%12/1 | – | $61.4M | 17.0% | – | – | – |
| VNET Group, Inc.90138VAB3 | NOTE 2/0 | – | $56.0M | 15.5% | – | – | – |
| NIO Inc.62914VAF3 | NOTE 0.500% 2/0 | – | $41.3M | 11.4% | – | – | – |
| OMFOneMain Holdings, Inc. | COM | 989,624 | $37.0M | 10.2% | 00.0% | Unchanged | History |
| iQIYI, Inc.46267XAD0 | NOTE 2.000% 4/0 | – | $20.3M | 5.6% | – | – | – |
| AHTAshford Hospitality Trust Inc | COM | 2,434,064 | $14.6M | 4.0% | 00.0% | Unchanged | History |
| MTHMeritage Homes CORP | COM | 178,300 | $12.9M | 3.6% | +178,300 | New | History |
| KBHKB Home | COM | 319,891 | $9.10M | 2.5% | +319,891 | New | History |
| TPHTri Pointe Homes, Inc. | COM | 518,000 | $8.74M | 2.4% | +518,000 | New | History |
| MDCSekisui House U.S., Inc. | COM | 98,456 | $3.18M | 0.9% | +98,456 | New | History |
| CCSCentury Communities, Inc. | COM | 57,534 | $2.59M | 0.7% | +57,534 | New | History |
| NIO Inc.62914VAE6 | NOTE 2/0 | – | $1.68M | 0.5% | – | – | – |
Options (5)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
| Security | Class | Puts | Calls |
|---|---|---|---|
| Carnival Corp143658950 | PUT | $18.0M | – |
| Norwegian Cruise Line Hldg LG66721954 | PUT | $3.44M | – |
| American Airls Group Inc02376R952 | PUT | $2.86M | – |
| Royal Caribbean GroupV7780T953 | COM | $1.13M | – |
| United Airls Hldgs Inc910047959 | PUT | $1.11M | – |
Sold out since Q1 2022 (2)
Positions held at the end of Q1 2022 that are gone from this filing.
| Security | Class | Shares in Q1 2022 | Value in Q1 2022 | % of portfolio in Q1 2022 | History |
|---|---|---|---|---|---|
| Pinduoduo Inc722304AC6 | NOTE 12/0 | – | $23.9M | 6.3% | – |
| Square Inc852234AF0 | NOTE 0.125% 3/0 | – | $13.2M | 3.5% | – |