SEC 13F Intelligence

Managers / Q4 2024 · view latest →

JONES ROAD CAPITAL MANAGEMENT, L.P.

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

Reported Value
$206M
Q4 2024
Positions
36
Filings on Record
22
2019–present window
Filed
Feb 13, 2025
original filing

Summary

Jones Road Capital Management, L.P. reported $206M in U.S.-listed holdings across 36 positions for Q4 2024.

Its largest position, META, represents 9.9% of the portfolio.

Compared with Q3 2024, the fund opened 9 new positions and exited 8.

Portfolio Metrics

Turnover
+22.4%
vs prior filed quarter
Top-10 Concentration
+54.9%
share of reported value
Largest Position
+9.9%
Meta Platforms
New / Exited
9 / 8
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: 59.4%US DOMESTIC: 16.5%ETP: 10.5%Closed-End Fund: 9.2%REIT: 3.0%Other: 1.4%
  • Common Stock · 59.4% · $122M
  • US DOMESTIC · 16.5% · $34M
  • ETP · 10.5% · $22M
  • Closed-End Fund · 9.2% · $19M
  • REIT · 3.0% · $6M
  • Other · 1.4% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MUMICRON TECHNOLOGY INCNEW+200.0K200.0K+$17M$17M
ETNEATON CORP PLCNEW+40.0K40.0K+$13M$13M
PG&E CORPNEW+5.00M5.00M+$5M$5M
XGDVXGABELLI DIVID & INCOME TRNEW+200.0K200.0K+$5M$5M
BOEING CONEW+38.2K38.2K+$2M$2M
PCGPG&E CORPNEW+100.0K100.0K+$2M$2M
BABOEING CONEW+6.0K6.0K+$1M$1M
SPIRIT AEROSYSTEMS INCNEW+100.0K100.0K+$135,750$135,750

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

Holdings — Q4 2024

27 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1METAMETA PLATFORMS INChistory →CL A9.89%$20M34.8K
2DUKE ENERGY CORP NEWNOTE 4.125% 4/17.50%$15M15.00M
3FIRSTENERGY CORPNOTE 4.000% 5/05.88%$12M12.00M
4BKLNINVESCO EXCH TRADED FD TR IIhistory →SR LN ETF5.60%$12M547.2K
5HPEHEWLETT PACKARD ENTERPRISE Chistory →COM5.29%$11M510.0K
6ISHARES TRIBOXX INV CP ETF4.94%$10M95.2K
7ORCLORACLE CORPhistory →COM4.52%$9M55.9K
8ATIATI INChistory →COM4.15%$9M155.3K
9ADXADAMS DIVERSIFIED EQUITY FDhistory →COM3.63%$7M370.1K
10GLWCORNING INChistory →COM3.46%$7M149.7K
11PG&E CORPNOTE 4.250%12/02.65%$5M5.00M
12XGDVXGABELLI DIVID & INCOME TRhistory →COM2.35%$5M200.0K
13FCTFIRST TR SR FLTG RATE INCOMEhistory →COM2.17%$4M430.9K
14BHRBRAEMAR HOTELS & RESORTS INCCOM · NOTE 4.500% 6/02.14%$4M2.16M
15BABOEING CODEP CONV PFD A · COM1.65%$3M44.2K
16AVBAVALONBAY CMNTYS INChistory →COM1.29%$3M12.1K
17VISNCOMMSCOPE HLDG CO INCCOM0.95%$2M375.0K
18BAXBAXTER INTL INCCOM0.87%$2M61.1K
19BSLBLACKSTONE SENI FLTN RAT 202COM0.56%$1M80.9K
20CYHCOMMUNITY HEALTH SYS INC NEWCOM0.24%$492,549164.7K
21BGBBLACKSTONE STRATEGIC CRED 20COM SHS BEN IN0.24%$486,15539.8K
22ALURWALLURION TECHNOLOGIES INC*W EXP 08/01/2030.23%$477,23044.4K
23NPFDNUVEEN VRIABL RAT PFD & INMCOM0.17%$358,01919.6K
24JFRNUVEEN FLOATING RATE INCOMECOM0.09%$194,49221.8K
25SPIRIT AEROSYSTEMS INCNOTE 3.250%11/00.07%$135,750100.0K
26ROIVROIVANT SCIENCES LTDSHS0.06%$118,30010.0K
27UNITED HOMES GROUP INC*W EXP 03/30/2020.01%$10,5752.5K

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 ↗.