Varde Management, L.P.

Q2 2014 13F-HR Holdings

Location
Minneapolis, MN
Holdings as of
6/30/2014
Date filed
8/11/2014
Form type
13F-HR
Num holdings
13
Total value ($000)
$104,594
Net value change ($000)
New positions
12
Sold out positions
0
Turnover %
100.0%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to previous filing: —
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)
PSEC 15,406
ROYAL BK SCOTLAND GROUP PLC 12,797
ROYAL BANK OF SCOTLAND GROUP PLC 12,141
PFX 11,178
ARCC 10,716
FIFTH STREET FINANCE CORP COM 10,174
MFIC 10,116
SLRC 7,067
First Eagle Alternative Capital BDC, Inc. 6,297
COMMUNITYONE BANCORP 4,515
Top Reduces (Value $000, Stocks/ETFs)
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 330 (0.3% 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