SEC 13F Intelligence

Managers / Q4 2023 · view latest →

JONES ROAD CAPITAL MANAGEMENT, L.P.

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

Reported Value
$393M
Q4 2023
Positions
41
Filings on Record
22
2019–present window
Filed
Feb 14, 2024
original filing

Summary

Jones Road Capital Management, L.P. reported $393M in U.S.-listed holdings across 41 positions for Q4 2023.

Its largest position, META, represents 3.5% of the portfolio.

Compared with Q3 2023, the fund opened 8 new positions and exited 2.

Portfolio Metrics

Turnover
+4.3%
vs prior filed quarter
Top-10 Concentration
+18.8%
share of reported value
Largest Position
+3.5%
Meta Platforms
New / Exited
8 / 2
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: 58.0%ETP: 32.0%US DOMESTIC: 3.5%Closed-End Fund: 2.3%ADR: 1.7%Other: 2.5%
  • Common Stock · 58.0% · $228M
  • ETP · 32.0% · $126M
  • US DOMESTIC · 3.5% · $14M
  • Closed-End Fund · 2.3% · $9M
  • ADR · 1.7% · $7M
  • Other · 2.5% · $10M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BABOEING CONEW+400.0K400.0K+$104M$104M
QQQINVESCO QQQ TRNEW+250.0K250.0K+$102M$102M
MSFTMICROSOFT CORPNEW+100.0K100.0K+$38M$38M
ORCLORACLE CORPNEW+125.0K125.0K+$13M$13M
BKLNINVESCO EXCH TRADED FD TR IINEW+312.6K312.6K+$7M$7M
FXIISHARES TRNEW+200.0K200.0K+$5M$5M
NTESNETEASE INCNEW+30.0K30.0K+$3M$3M
KEYKEYCORPNEW+102.5K102.5K+$1M$1M

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

Holdings — Q4 2023

28 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1METAMETA PLATFORMS INChistory →CL A3.55%$14M39.4K
2ISHARES TRIBOXX INV CP ETF3.07%$12M109.3K
3ATI INCNOTE 3.500% 6/12.64%$10M3.50M
4SPIRIT AEROSYSTEMS HLDGS INCCOM CL A2.08%$8M257.3K
5BKLNINVESCO EXCH TRADED FD TR IIhistory →SR LN ETF1.68%$7M312.6K
6MGMMGM RESORTS INTERNATIONALhistory →COM1.37%$5M120.6K
7BAXBAXTER INTL INChistory →COM1.29%$5M131.0K
8THCTENET HEALTHCARE CORPhistory →COM NEW1.06%$4M55.0K
9BRSLINTERNATIONAL GAME TECHNOLOGhistory →SHS USD1.02%$4M147.0K
10BHRBRAEMAR HOTELS & RESORTS INCCOM · NOTE 4.500% 6/00.99%$4M2.21M
11FCTFIRST TR SR FLTG RATE INCOMECOM0.95%$4M370.1K
12SCREAMING EAGLE ACQUISITN COCLASS A ORD SHS · *W EXP 01/05/2020.90%$4M333.3K
13RTXRTX CORPORATIONCOM0.86%$3M40.0K
14XFRAXBLACKROCK FLOATING RATE INCOCOM0.74%$3M229.3K
15IQIYI INCNOTE 4.000%12/10.62%$2M2.50M
16AVBAVALONBAY CMNTYS INCCOM0.60%$2M12.5K
17BSLBLACKSTONE SENI FLTN RAT 202COM0.36%$1M106.6K
18BGTBLACKROCK FLOATING RATE INCCOM0.13%$499,05040.3K
19CYHCOMMUNITY HEALTH SYS INC NEWCOM0.12%$469,500150.0K
20NPFDNUVEEN VRIABL RAT PFD & INMCOM0.08%$312,14619.2K
21APOLLO TACTICAL INCOME FD INCOM0.08%$301,74521.6K
22APOLLO SR FLOATING RATE FD ICOM0.05%$185,55314.0K
23JFRNUVEEN FLOATING RATE INCOMECOM0.04%$175,29221.3K
24ALURWALLURION TECHNOLOGIES INC*W EXP 08/01/2030.04%$166,03244.4K
25EFTEATON VANCE FLTING RATE INCCOM0.03%$137,59811.0K
26DNABWGINKGO BIOWORKS HOLDINGS INC*W EXP 09/16/2020.02%$84,50050.0K
27XEFRXEATON VANCE SR FLTNG RTE TRCOM0.01%$53,9954.3K
28UNITED HOMES GROUP INC*W EXP 03/30/2020.01%$21,0752.5K

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 ↗.