SEC 13F Intelligence

Managers / Q4 2019 · view latest →

Nut Tree Capital Management, LP

CIK 0001661655 · 55 HUDSON YARDS, 22ND FLOOR, NEW YORK, NY, 10001 · 212-418-1292

Reported Value
$220M
Q4 2019
Positions
11
Filings on Record
31
2019–present window
Filed
Feb 14, 2020
original filing

Summary

Nut Tree Capital Management, LP reported $220M in U.S.-listed holdings across 11 positions for Q4 2019.

Its largest position, THC, represents 19.1% of the portfolio.

Compared with Q3 2019, the fund opened 2 new positions and exited 5.

Portfolio Metrics

Turnover
+30.5%
vs prior filed quarter
Top-10 Concentration
+99.4%
share of reported value
Largest Position
+19.1%
Tenet Healthcare
New / Exited
2 / 5
positions this quarter

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. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $84MQ4 ’18Q1 ’19: $130MQ2 ’19: $184MQ3 ’19: $326MQ4 ’19: $220MQ4 ’19Q1 ’20: $223MQ2 ’20: $317MQ3 ’20: $330MQ4 ’20: $448MQ4 ’20Q1 ’21: $480MQ2 ’21: $483MQ3 ’21: $470MQ4 ’21: $517MQ4 ’21Q1 ’22: $924MQ2 ’22: $888MQ3 ’22: $325MQ4 ’22: $186MQ4 ’22Q1 ’23: $324MQ2 ’23: $308MQ3 ’23: $271MQ4 ’23: $308MQ4 ’23Q1 ’24: $361MQ2 ’24: $391MQ3 ’24: $443MQ4 ’24: $292MQ4 ’24Q1 ’25: $307MQ2 ’25: $340MQ3 ’25: $433MQ4 ’25: $531MQ4 ’25Q1 ’26: $245Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 65.7%Other: 33.7%REIT: 0.6%
  • Common Stock · 65.7% · $144M
  • Other · 33.7% · $74M
  • REIT · 0.6% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CONSTELLIUM SENEW+3.00M3.00M+$40M$40M
INTELSAT S ANEW+250.0K250.0K+$2M$2M
SPDR S&P 500 ETF TRSOLD OUT−227.6K0−$68M$0
ISHARES TRSOLD OUT−430.0K0−$65M$0
CONSTELLIUM SESOLD OUT−3.63M0−$46M$0
AABAUSDALTABA INCSOLD OUT−498.2K0−$10M$0
RRCRANGE RES CORPSOLD OUT−365.0K0−$1M$0
PCGPG&E CORPADDED+1.00M3.00M+$13M$33M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

11 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1THCTENET HEALTHCARE CORPhistory →COM NEW19.06%$42M1.10M
2CONSTELLIUM SECL A SHS18.31%$40M3.00M
3HRIHERC HLDGS INChistory →COM16.72%$37M750.0K
4PCGPG&E CORPhistory →COM14.85%$33M3.00M
5NATIONAL GEN HLDGS CORPCOM13.80%$30M1.37M
6LAURLAUREATE EDUCATION INChistory →CL A13.20%$29M1.65M
7DCHAMERICAN AXLE & MFG HLDGS INhistory →COM1.14%$2M232.0K
8INTELSAT S ACOM0.80%$2M250.0K
9NAVIOS MARITIME HLDGS INCCOM0.77%$2M379.6K
10JCPEURPENNEY J C CORP INCCOM0.77%$2M1.50M
11CLPRCLIPPER RLTY INCCOM0.58%$1M120.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$245M4May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$531M9Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$433M8Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$340M10Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$307M12May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$292M10Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$443M13Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$391M15Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024REVEALED$361M11May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$308M11Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$271M9Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$308M8Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$324M10May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$186M6Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$325M10Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$888M12Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$924M12May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$517M11Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$470M11Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$483M10Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$480M12May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$448M11Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$330M13Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$317M14Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$223M18May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$220M11Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$326M14Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$184M11Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$130M10May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$84M9Feb 14, 201913F-HRchanges · 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 ↗.