SEC 13F Intelligence

Managers / Q4 2020 · view latest →

JONES ROAD CAPITAL MANAGEMENT, L.P.

CIK 0001842361 · 370 LEXINGTON AVENUE, SUITE 610, NEW YORK, NY, 10017 · 212-653-1950

Reported Value
$248M
Q4 2020
Positions
60
Filings on Record
22
2019–present window
Filed
Feb 16, 2021
original filing

Summary

Jones Road Capital Management, L.P. reported $248M in U.S.-listed holdings across 60 positions for Q4 2020.

Its largest position, Atlas Air Worldwide Hldgs In, represents 3.4% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+24.8%
share of reported value
Largest Position
+3.4%
Atlas Air Worldwide Hldgs In

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 ’20: $248MQ4 ’20Q1 ’21: $277MQ2 ’21: $297MQ3 ’21: $302MQ3 ’21Q4 ’21: $463MQ1 ’22: $221MQ2 ’22: $190MQ2 ’22Q3 ’22: $144MQ4 ’22: $112MQ1 ’23: $138MQ1 ’23Q2 ’23: $143MQ3 ’23: $114MQ4 ’23: $393MQ4 ’23Q1 ’24: $134MQ2 ’24: $211MQ3 ’24: $320MQ3 ’24Q4 ’24: $206MQ1 ’25: $160MQ2 ’25: $236MQ2 ’25Q3 ’25: $169MQ4 ’25: $155MQ1 ’26: $55MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 47.2%ETP: 25.4%Other: 9.1%REIT: 8.9%ADR: 4.7%Other: 4.7%
  • Common Stock · 47.2% · $117M
  • ETP · 25.4% · $63M
  • Other · 9.1% · $23M
  • REIT · 8.9% · $22M
  • ADR · 4.7% · $12M
  • Other · 4.7% · $12M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
GLDSPDR GOLD TRNEW+200.0K200.0K+$36M$36M
SYYSYSCO CORPNEW+318.5K318.5K+$24M$24M
AVBAVALONBAY CMNTYS INCNEW+107.7K107.7K+$17M$17M
MGMMGM RESORTS INTERNATIONALNEW+397.0K397.0K+$13M$13M
BABAALIBABA GROUP HLDG LTDNEW+50.0K50.0K+$12M$12M
PCGPG&E CORPNEW+780.0K780.0K+$10M$10M
ATLAS AIR WORLDWIDE HLDGS INNEW+8.10M8.10M+$8M$8M
RCLROYAL CARIBBEAN GROUPNEW+100.0K100.0K+$7M$7M

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

Holdings — Q4 2020

37 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ATLAS AIR WORLDWIDE HLDGS INNOTE 2.250% 6/03.41%$8M8.10M
2MGMMGM RESORTS INTERNATIONALhistory →COM3.01%$7M237.0K
3COHN ROBBINS HOLDINGS CORPCOM CL A · *W EXP 08/28/2022.79%$7M666.7K
4PCGPG&E CORPhistory →COM2.66%$7M530.0K
5AVBAVALONBAY CMNTYS INChistory →COM2.53%$6M39.3K
6DMY TECHNOLOGY GROUP INC IIIUNIT 99/99/99992.28%$6M497.3K
7ISHARES TRIBOXX INV CP ETF2.06%$5M37.0K
8SYYSYSCO CORPhistory →COM2.05%$5M68.5K
9HLTHILTON WORLDWIDE HLDGS INChistory →COM2.02%$5M45.2K
10BHRBRAEMAR HOTELS & RESORTS INChistory →COM1.99%$5M1.07M
11SPIRIT AEROSYSTEMS HLDGS INCCOM CL A1.82%$5M116.0K
12DUKDUKE ENERGY CORP NEWhistory →COM NEW1.76%$4M47.7K
13BKNGBOOKING HOLDINGS INChistory →COM1.57%$4M1.8K
14SOSOUTHERN COhistory →COM1.48%$4M60.0K
15FEFIRSTENERGY CORPhistory →COM1.27%$3M103.0K
16PERSHING SQUARE TONTINE HLDGCOM CL A · *W EXP 07/24/2021.24%$3M111.1K
17WELBILT INCCOM1.22%$3M230.0K
18EDCONSOLIDATED EDISON INChistory →COM1.22%$3M41.9K
19ETRENTERGY CORP NEWhistory →COM1.21%$3M30.0K
20RSIRUSH STREET INTERACTIVE INCCOM · *W EXP 02/21/2020.98%$2M112.5K
21PNWPINNACLE WEST CAP CORPCOM0.97%$2M30.0K
22CF ACQUISITION CORP IVUNIT 12/31/20270.83%$2M200.0K
23RVTROYCE VALUE TR INCCOM0.81%$2M125.2K
24EIXEDISON INTLCOM0.67%$2M26.5K
25APOLLO STRATEGIC GROWTH CAPTUNIT 99/99/99990.66%$2M150.0K
26ACIES ACQUISITION CORPUNIT 11/30/20270.65%$2M150.0K
27VESPER HEALTHCARE ACQSTN CORCOM CL A · *W EXP 09/30/2020.61%$2M133.3K
28DINDINE BRANDS GLOBAL INCCOM0.47%$1M20.0K
29SUSTAINABLE OPPORTNTS ACQ COORD SHS A · *W EXP 99/99/9990.32%$807,00075.0K
30CITIC CAPITAL ACQUISITION COCOM CL A · *W EXP 01/17/2020.32%$786,00075.0K
31RMTROYCE MICRO-CAP TR INCCOM0.26%$658,00065.0K
32XJQCXNUVEEN CR STRATEGIES INCOMECOM SHS0.24%$606,00095.7K
33BACBK OF AMERICA CORPCOM0.18%$455,00015.0K
34CCITIGROUP INCCOM NEW0.17%$432,0007.0K
35GIGCAPITAL3 INCCOM0.07%$178,00013.5K
36GS ACQUISITION HLDGS CORP IICOM CL A · *W EXP 06/30/2020.05%$136,00012.5K
37FALCON CAPITAL ACQUISITN CORUNIT 08/20/20270.04%$107,00010.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$55M14May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$155M21Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$169M19Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$236M26Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$160M26May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$206M36Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$320M35Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$211M35Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$134M33May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$393M41Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$114M36Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$143M36Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$138M43May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$112M42Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$144M54Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$190M57Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$221M63May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$463M72Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$302M65Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$297M71Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$277M67May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$248M60Feb 16, 202113F-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 ↗.