SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Nut Tree Capital Management, LP

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

Reported Value
$308M
Q2 2023
Positions
8
Filings on Record
31
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Nut Tree Capital Management, LP reported $308M in U.S.-listed holdings across 8 positions for Q2 2023.

The portfolio is heavily concentrated: BRSP alone accounts for 24.1% of reported value.

Compared with Q1 2023, the fund opened 0 new positions and exited 2.

Portfolio Metrics

Turnover
+9.5%
vs prior filed quarter
Largest Position
+24.1%
Brightspire Capital

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: 48.3%REIT: 24.1%Other: 22.4%GLOBAL: 2.8%US DOMESTIC: 2.5%
  • Common Stock · 48.3% · $148M
  • REIT · 24.1% · $74M
  • Other · 22.4% · $69M
  • GLOBAL · 2.8% · $9M
  • US DOMESTIC · 2.5% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NCL CORP LTDSOLD OUT−39.00M0−$29M$0
SAFESAFEHOLD INCSOLD OUT−320.0K0−$9M$0
AVAHAVEANNA HEALTHCARE HLDGS INCADDED+3.37M11.08M+$11M$19M
THCTENET HEALTHCARE CORPTRIMMED−346.1K850.0K−$2M$69M
BRSPBRIGHTSPIRE CAPITAL INCHELD+010.99M+$9M$74M
CONSTELLIUM SEHELD+04.00M+$8M$69M
INNOVATE CORPHELD+016.55M−$5M$9M
CZRCAESARS ENTERTAINMENT INC NEHELD+01.10M+$2M$56M

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

Holdings — Q2 2023

8 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRSPBRIGHTSPIRE CAPITAL INChistory →COM CL A24.06%$74M10.99M
2THCTENET HEALTHCARE CORPhistory →COM NEW22.50%$69M850.0K
3CONSTELLIUM SECL A SHS22.37%$69M4.00M
4CZRCAESARS ENTERTAINMENT INC NEhistory →COM18.23%$56M1.10M
5AVAHAVEANNA HEALTHCARE HLDGS INChistory →COM6.09%$19M11.08M
6INNOVATE CORPNOTE 7.500% 8/02.79%$9M16.55M
7DISH NETWORK CORPORATIONNOTE 3.375% 8/12.50%$8M15.00M
8STHOSTAR HLDGShistory →SHS BEN INT1.46%$4M306.0K

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 ↗.