Managers / Q4 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 $292M in U.S.-listed holdings across 10 positions for Q4 2024.
The portfolio is heavily concentrated: BRSP alone accounts for 21.2% of reported value.
Compared with Q3 2024, the fund opened 1 new position and exited 4.
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 · 41.1% · $120M
- Other · 25.5% · $74M
- REIT · 21.2% · $62M
- GLOBAL · 12.2% · $36M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ECHOSTAR CORP | NEW | +24.89M | 24.89M | +$26M | $26M |
| CZRCAESARS ENTERTAINMENT INC NE | SOLD OUT | −2.30M | 0 | −$96M | $0 |
| DISH NETWORK CORPORATION | SOLD OUT | −81.02M | 0 | −$66M | $0 |
| OI*O-I GLASS INC | SOLD OUT | −400.0K | 0 | −$5M | $0 |
| HASIHA SUSTAINABLE INFRA CAP INC | SOLD OUT | −100.0K | 0 | −$3M | $0 |
| CONSTELLIUM SE | ADDED | +1.90M | 5.50M | −$2M | $56M |
| XPOFXPONENTIAL FITNESS INC | HELD | +150.0K | 3.15M | +$5M | $42M |
| AVAHAVEANNA HEALTHCARE HLDGS INC | HELD | +0 | 12.37M | −$8M | $57M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | BRSPBRIGHTSPIRE CAPITAL INChistory → | COM CL A | 21.24% | $62M | 10.99M |
| 2 | AVAHAVEANNA HEALTHCARE HLDGS INChistory → | COM | 19.37% | $57M | 12.37M |
| 3 | CONSTELLIUM SE | CL A SHS | 19.35% | $56M | 5.50M |
| 4 | XPOFXPONENTIAL FITNESS INChistory → | COM CL A | 14.52% | $42M | 3.15M |
| 5 | ECHOECHOSTAR CORP | NOTE 3.875%11/3 · CL A | 12.91% | $38M | 25.39M |
| 6 | TRINSEO PLC | SHS | 6.11% | $18M | 3.50M |
| 7 | INNOVATE CORP | NOTE 7.500% 8/0 | 3.20% | $9M | 26.22M |
| 8 | VISNCOMMSCOPE HLDG CO INChistory → | COM | 1.78% | $5M | 1.00M |
| 9 | STHOSTAR HLDGShistory → | SHS BEN INT | 1.50% | $4M | 449.6K |
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 ↗.