HG Vora 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
12
Total value ($000)
$434,176
Net value change ($000)
-14,881 (-3.3%)
New positions
4
Sold out positions
5
Turnover %
61.5%
Sector allocation + QoQ delta (equities-only)

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)
VEREIT INC COM 64,492 NEW
AHT 50,807 454.5%
PINNACLE ENTMT INC 23,024 26.1%
EXPE 18,125 NEW
BID 17,420 NEW
YRC WORLDWIDE INC 12,631 1453.5%
TOWN SPORTS INTERNATIONAL HOLDINGS INC 10,188 NEW
CLDT 670 2.6%
Top Reduces (Value $000, Stocks/ETFs)
COLE REAL ESTATE INVTS INC COM -59,670 -100.0%
VRE -34,368 -100.0%
NORTHSTAR RLTY FIN CORP -26,900 -45.5%
CAESARS HOLDINGS, INC. -18,052 -55.9%
CAESARS ACQUISITION CO -10,854 -100.0%
EQIX -8,873 -100.0%
INN -7,200 -100.0%
*ORBITZ WORLDWIDE INC -4,352 -42.5%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 58,170 (13.4% 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