Managers / Q1 2024 · 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 $361M in U.S.-listed holdings across 11 positions for Q1 2024.
The portfolio is heavily concentrated: CZR alone accounts for 26.6% of reported value.
Compared with Q4 2023, the fund opened 1 new position and exited 1.
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. 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 · 43.4% · $157M
- Other · 22.0% · $80M
- REIT · 21.0% · $76M
- US DOMESTIC · 12.1% · $44M
- GLOBAL · 1.5% · $6M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CNKCINEMARK HLDGS INC | NEW | +737.4K | 737.4K | +$13M | $13M |
| CZRCAESARS ENTERTAINMENT INC NE | ADDED | +1.70M | 2.20M | +$73M | $96M |
| THCTENET HEALTHCARE CORP | SOLD OUT | −500.0K | 0 | −$38M | $0 |
| XPOFXPONENTIAL FITNESS INC | ADDED | +106.6K | 250.0K | +$2M | $4M |
| DISH NETWORK CORPORATION | TRIMMED | −15.00M | 12.42M | −$8M | $9M |
| DISH NETWORK CORPORATION | ADDED | +15.00M | 55.15M | +$13M | $35M |
| OI*O-I GLASS INC | ADDED | +50.0K | 400.0K | +$903,000 | $7M |
| CONSTELLIUM SEREVEALED | HELD | +0 | 3.60M | +$8M | $80M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2024REVEALED
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | CZRCAESARS ENTERTAINMENT INC NEhistory → | COM | 26.62% | $96M | 2.20M |
| 2 | CONSTELLIUM SEREVEALED | CL A SHS | 22.02% | $80M | 3.60M |
| 3 | BRSPBRIGHTSPIRE CAPITAL INChistory → | COM CL A | 20.96% | $76M | 10.99M |
| 4 | DISH NETWORK CORPORATION | NOTE 3.375% 8/1 · NOTE 12/1 | 12.10% | $44M | 67.57M |
| 5 | AVAHAVEANNA HEALTHCARE HLDGS INChistory → | COM | 8.52% | $31M | 12.37M |
| 6 | CNKCINEMARK HLDGS INChistory → | COM | 3.67% | $13M | 737.4K |
| 7 | OI*O-I GLASS INChistory → | COM | 1.84% | $7M | 400.0K |
| 8 | STHOSTAR HLDGShistory → | SHS BEN INT | 1.61% | $6M | 449.6K |
| 9 | INNOVATE CORP | NOTE 7.500% 8/0 | 1.53% | $6M | 16.55M |
| 10 | XPOFXPONENTIAL FITNESS INChistory → | COM CL A | 1.14% | $4M | 250.0K |
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 ↗.