Managers / Q1 2019 · view latest →
Nut Tree Capital Management, LP
CIK 0001661655 · 55 HUDSON YARDS, 22ND FLOOR, NEW YORK, NY, 10001 · 212-418-1292
Summary
Nut Tree Capital Management, LP reported $130M in U.S.-listed holdings across 10 positions for Q1 2019.
The portfolio is heavily concentrated: PCG alone accounts for 22.5% of reported value.
Compared with Q4 2018, the fund opened 3 new positions and exited 2.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 59.3% · $77M
- Other · 39.4% · $51M
- REIT · 1.2% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2018 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NAVIOS MARITIME HLDGS INC | NEW | +296.6K | 296.6K | +$706,000 | $706,000 |
| DYNAGAS LNG PARTNERS LP | NEW | +271.3K | 271.3K | +$610,000 | $610,000 |
| AMRQQALTA MESA RES INC | NEW | +1.52M | 1.52M | +$403,000 | $403,000 |
| PCGPG&E CORP | ADDED | +1.15M | 1.65M | +$17M | $29M |
| HRIHERC HLDGS INC | ADDED | +370.0K | 700.0K | +$19M | $27M |
| WEATHERFORD INTL LTD | SOLD OUT | −10.00M | 0 | −$6M | $0 |
| URIUNITED RENTALS INC | SOLD OUT | −55.1K | 0 | −$6M | $0 |
| CONSTELLIUM NV | ADDED | +1.00M | 3.30M | +$10M | $26M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2019
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | PCGPG&E CORPhistory → | COM | 22.55% | $29M | 1.65M |
| 2 | HRIHERC HLDGS INChistory → | COM | 20.95% | $27M | 700.0K |
| 3 | CONSTELLIUM NV | CL A | 20.22% | $26M | 3.30M |
| 4 | NATIONAL GEN HLDGS CORP | COM | 18.22% | $24M | 1.00M |
| 5 | LAURLAUREATE EDUCATION INChistory → | CL A | 13.79% | $18M | 1.20M |
| 6 | PENNEY J C CORP INC | COM | 1.72% | $2M | 1.50M |
| 7 | CLPRCLIPPER RLTY INChistory → | COM | 1.24% | $2M | 120.2K |
| 8 | NAVIOS MARITIME HLDGS INC | COM | 0.54% | $706,000 | 296.6K |
| 9 | DYNAGAS LNG PARTNERS LP | COM UNIT LTD PT | 0.47% | $610,000 | 271.3K |
| 10 | AMRQQALTA MESA RES INC | CL A | 0.31% | $403,000 | 1.52M |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $245M | 4 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $531M | 9 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $433M | 8 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $340M | 10 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $307M | 12 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $292M | 10 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $443M | 13 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $391M | 15 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024REVEALED | $361M | 11 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $308M | 11 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $271M | 9 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $308M | 8 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $324M | 10 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $186M | 6 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $325M | 10 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $888M | 12 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $924M | 12 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $517M | 11 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $470M | 11 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $483M | 10 | Aug 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $480M | 12 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $448M | 11 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $330M | 13 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $317M | 14 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $223M | 18 | May 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $220M | 11 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $326M | 14 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $184M | 11 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $130M | 10 | May 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $84M | 9 | Feb 14, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.