SEC 13F Intelligence

Managers / Q4 2021 · view latest →

JONES ROAD CAPITAL MANAGEMENT, L.P.

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

Reported Value
$463M
Q4 2021
Positions
72
Filings on Record
22
2019–present window
Filed
Feb 14, 2022
original filing

Summary

Jones Road Capital Management, L.P. reported $463M in U.S.-listed holdings across 72 positions for Q4 2021.

Its largest position, MGM, represents 3.7% of the portfolio.

Compared with Q3 2021, the fund opened 14 new positions and exited 9.

Portfolio Metrics

Turnover
+12.9%
vs prior filed quarter
Top-10 Concentration
+24.9%
share of reported value
Largest Position
+3.7%
Mgm Resorts International
New / Exited
14 / 9
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 ’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: 74.2%ADR: 7.7%Other: 5.3%US DOMESTIC: 4.1%REIT: 3.9%Other: 4.9%
  • Common Stock · 74.2% · $343M
  • ADR · 7.7% · $35M
  • Other · 5.3% · $25M
  • US DOMESTIC · 4.1% · $19M
  • REIT · 3.9% · $18M
  • Other · 4.9% · $22M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RCLROYAL CARIBBEAN GROUPNEW+400.0K400.0K+$31M$31M
SESEA LTDNEW+125.0K125.0K+$28M$28M
SBUXSTARBUCKS CORPNEW+100.0K100.0K+$12M$12M
BRSLINTERNATIONAL GAME TECHNOLOGNEW+367.0K367.0K+$11M$11M
SEA LTDNEW+10.00M10.00M+$9M$9M
LYVLIVE NATION ENTERTAINMENT INNEW+25.0K25.0K+$3M$3M
DMY TECHNOLOGY GROUP INC VINEW+300.0K300.0K+$3M$3M
OAKTREE ACQUISITION CORP IINEW+100.0K100.0K+$988,000$988,000

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

Holdings — Q4 2021

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MGMMGM RESORTS INTERNATIONALhistory →COM3.74%$17M385.6K
2WMTWALMART INChistory →COM3.17%$15M101.5K
3ATLAS AIR WORLDWIDE HLDGS INNOTE 2.250% 6/0 · NOTE 1.875% 6/0 · COM NEW2.91%$13M9.10M
4DUKDUKE ENERGY CORP NEWhistory →COM NEW2.64%$12M116.5K
5AVBAVALONBAY CMNTYS INChistory →COM2.61%$12M47.8K
6ATIALLEGHENY TECHNOLOGIES INCCOM · NOTE 3.500% 6/12.55%$12M3.96M
7SEA LTDNOTE 0.250% 9/12.00%$9M10.00M
8METAMETA PLATFORMS INChistory →CL A1.99%$9M27.4K
9BRSLINTERNATIONAL GAME TECHNOLOGhistory →SHS USD1.67%$8M267.0K
10PCGPG&E CORPhistory →COM1.62%$7M615.6K
11SPIRIT AEROSYSTEMS HLDGS INCCOM CL A1.40%$6M150.3K
12EIXEDISON INTLhistory →COM1.38%$6M93.5K
13DINDINE BRANDS GLOBAL INChistory →COM1.37%$6M83.7K
14BHRBRAEMAR HOTELS & RESORTS INChistory →COM1.27%$6M1.16M
15COHN ROBBINS HOLDINGS CORPCOM CL A · *W EXP 08/28/2021.27%$6M598.7K
16LVSLAS VEGAS SANDS CORPCOM0.92%$4M112.8K
17FEFIRSTENERGY CORPCOM0.85%$4M95.0K
18DMY TECHNOLOGY GROUP INC VICL A COM · *W EXP 99/99/9990.69%$3M325.0K
19CF ACQUISITION CORP IVCOM CL A · *W EXP 12/31/2020.60%$3M282.7K
20COMPUTE HEALTH ACQUISITIN COCOM CL A · *W EXP 01/25/2020.56%$3M267.4K
21AIR TRANSPORT SERVICES GRP ICOM0.53%$2M83.3K
22APOLLO STRATEGIC GROWTH CAPTSHS CL A · *W EXP 10/29/2020.45%$2M212.0K
23ACTIVISION BLIZZARD INCCOM0.36%$2M25.0K
24LAZARD GROWTH ACQUISITION COCL A ORD SHS · *W EXP 02/10/2020.31%$1M147.3K
25IQIYI INCNOTE 4.000%12/10.30%$1M2.00M
26D AND Z MEDIA ACQUISITION COCOM CL A · *W EXP 01/27/2020.30%$1M140.9K
27ARCLIGHT CLEAN TRANSITION IICLASS A ORD SHS · *W EXP 03/16/2020.28%$1M131.0K
28GORES METROPOULOS II INCCL A0.23%$1M108.1K
29CCITIGROUP INCCOM NEW0.23%$1M17.3K
30OAKTREE ACQUISITION CORP IICL A SHS0.21%$988,000100.0K
31CITIC CAPITAL ACQUISITION COCOM CL A · *W EXP 01/17/2020.17%$791,00079.0K
32MOTIVE CAPITAL CORP IIUNIT 99/99/99990.11%$498,00050.0K
33DNABWGINKGO BIOWORKS HOLDINGS INC*W EXP 08/01/2020.09%$416,00050.0K
34CARNEY TECHNOLOGY ACQU CORP*W EXP 11/30/2020.07%$326,00033.3K
35PLAYSTUDIOS INC*W EXP 06/17/2020.04%$198,00050.0K
36DIAMONDHEAD HOLDINGS CORPCL A · *W EXP 01/28/2020.03%$129,00013.3K
37IONQ/WSIONQ INC*W EXP 99/99/9990.00%$17,0001.0K
38GAMES & ESPORTS EXPRNC ACQ CUNIT 12/01/20260.00%$10,0001.0K
39SCULPTOR ACQUISITION CORP IUNIT 99/99/99990.00%$10,0001.0K

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 ↗.