BRIGADE CAPITAL MANAGEMENT, LLC

Q1 2014 13F-HR Holdings

Location
New York, NY
Holdings as of
3/31/2014
Date filed
5/15/2014
Form type
13F-HR
Num holdings
56
Total value ($000)
$1,373,733
Net value change ($000)
-293,767 (-17.6%)
New positions
14
Sold out positions
10
Turnover %
44.1%
Sector allocation + QoQ delta (equities-only)

Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
GM 49,894 2713.1%
ENLINK MIDSTREAM LLC 35,569 NEW
WMB 22,989 NEW
LNG 22,810 529.0%
LYB 22,235 NEW
SAFE 20,479 382.7%
APC 19,438 140.0%
SAFEWAY USA 18,470 NEW
MX 18,308 NEW
SUPERIOR ENERGY SERVICES INC 13,318 73.1%
Top Reduces (Value $000, Stocks/ETFs)
CROSSTEX ENERGY INC -30,578 -100.0%
FOREST OIL CORP -26,552 -100.0%
Walter Energy Inc -23,234 -100.0%
ALK -22,011 -100.0%
UHS -20,315 -100.0%
MEOH -17,772 -100.0%
HUN -17,220 -100.0%
SPIRIT REALTY CAPITAL, INC. -15,482 -100.0%
*FELCOR LODGING TR INC -15,096 -100.0%
CHEMTURA CORP -14,505 -31.1%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 374,613 (27.3% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type