SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Nut Tree Capital Management, LP

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

Reported Value
$330M
Q3 2020
Positions
13
Filings on Record
31
2019–present window
Filed
Nov 13, 2020
original filing

Summary

Nut Tree Capital Management, LP reported $330M in U.S.-listed holdings across 13 positions for Q3 2020.

Its largest position, EPR, represents 16.7% of the portfolio.

Compared with Q2 2020, the fund opened 2 new positions and exited 3.

Portfolio Metrics

Turnover
+26.0%
vs prior filed quarter
Top-10 Concentration
+95.6%
share of reported value
Largest Position
+16.7%
Epr Pptys
New / Exited
2 / 3
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, 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

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: 66.5%REIT: 29.8%Other: 3.8%
  • Common Stock · 66.5% · $219M
  • REIT · 29.8% · $98M
  • Other · 3.8% · $12M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PARRPAR PACIFIC HOLDINGS INCNEW+2.17M2.17M+$15M$15M
FEFIRSTENERGY CORPNEW+500.0K500.0K+$14M$14M
PCGPG&E CORPADDED+3.20M5.00M+$31M$47M
HCAHCA HEALTHCARE INCSOLD OUT150.0K0$15M$0
EPR PPTYSSOLD OUT523.6K0$10M$0
COLONY CAP INCSOLD OUT6.10M0$6M$0
NATIONAL GEN HLDGS CORPTRIMMED1.63M369.6K$31M$12M
VEREIT INCTRIMMED2.06M1.94M$13M$13M

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

Holdings — Q3 2020

13 positions
#IssuerClass% PortfolioValueShares
1EPREPR PPTYShistory →COM SH BEN INT16.68%$55M2.00M
2PCGPG&E CORPhistory →COM14.24%$47M5.00M
3THCTENET HEALTHCARE CORPhistory →COM NEW12.27%$40M1.65M
4LAURLAUREATE EDUCATION INChistory →CL A12.08%$40M3.00M
5CSTMCONSTELLIUM SEhistory →CL A SHS9.64%$32M4.05M
6COLONY CR REAL ESTATE INCCOM CL A9.02%$30M6.06M
7HRIHERC HLDGS INChistory →COM9.01%$30M750.0K
8PARRPAR PACIFIC HOLDINGS INChistory →COM NEW4.46%$15M2.17M
9FEFIRSTENERGY CORPhistory →COM4.35%$14M500.0K
10VEREIT INCCOM3.82%$13M1.94M
11NATIONAL GEN HLDGS CORPCOM3.78%$12M369.6K
12DCHAMERICAN AXLE & MFG HLDGS INCOM0.41%$1M232.0K
13CLPRCLIPPER RLTY INCCOM0.22%$727,000120.2K

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 ↗.