REDWOOD CAPITAL MANAGEMENT, LLC — 13F Holdings & Portfolio
CIK 1316622 · latest 13F-HR filed 2026-05-15
REDWOOD CAPITAL MANAGEMENT, LLC manages $674.2M in 13F-reported U.S. long-equity assets across 22 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SATS (27.52%), GBTG (18.17%), ECHOSTAR CORP (12.51%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 5 new positions, exited 0, added to 4, and trimmed 12.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$674.2M
Long-equity book
22
Distinct positions
2026-03-31
Filed 2026-05-15
+5 / −0 / ↑4 / ↓12
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- MOLINA HEALTHCARE INC$22.2M +116.5%
- TELEPHONE & DATA SYS INC$17.7M +49.4%
- CAESARS ENTERTAINMENT INC NE$1.3M +13.0%
- AMERICAN PUB ED INC$190.8K +50.5%
Top Trims
- AERCAP HOLDINGS NV-$132.1M -70.4%
- ECHOSTAR CORP-$96.3M -53.3%
- ECHOSTAR CORP-$61.0M -24.7%
- GLOBAL BUSINESS TRAVEL GROUP-$41.6M -25.4%
- ELEVANCE HEALTH INC FORMERLY-$4.9M -16.5%
New Positions
- VISTANCE NETWORKS INC$24.9M
- MASTERBRAND INC$10.7M
- GRUPO AEROMEXICO SAB DE CV$7.7M
- AMERICAN WOODMARK CORP$2.9M
- KINDERCARE LEARNING COMPANIE$2.8M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | ECHOSTAR CORP | SATS | 278768106 | $185.5M | 27.52% | 1,584,857 | SH |
| 2 | GLOBAL BUSINESS TRAVEL GROUP | GBTG | 37890B100 | $122.5M | 18.17% | 21,953,816 | SH |
| 3 | ECHOSTAR CORP | — | 278768AB2 | $84.3M | 12.51% | 23,045,906 | PRN |
| 4 | AERCAP HOLDINGS NV | AER | N00985106 | $55.5M | 8.23% | 404,266 | SH |
| 5 | TELEPHONE & DATA SYS INC | TDS | 879433829 | $53.7M | 7.96% | 1,275,282 | SH |
| 6 | MOLINA HEALTHCARE INC | MOH | 60855R100 | $41.3M | 6.13% | 310,000 | SH |
| 7 | VISTANCE NETWORKS INC | VISN | 20337X109 | $24.9M | 3.69% | 1,368,663 | SH |
| 8 | ELEVANCE HEALTH INC FORMERLY | ELV | 036752103 | $24.8M | 3.68% | 84,800 | SH |
| 9 | CAESARS ENTERTAINMENT INC NE | CZR | 12769G100 | $11.1M | 1.65% | 420,000 | SH |
| 10 | MASTERBRAND INC | MBC | 57638P104 | $10.7M | 1.59% | 1,286,097 | SH |
| 11 | OPTIMUM COMMUNICATIONS INC | OPTU | 02156K103 | $10.6M | 1.58% | 8,189,270 | SH |
| 12 | STUDIO CITY INTL HLDGS LTD | MSC | 86389T106 | $7.9M | 1.17% | 3,239,073 | SH |
| 13 | GRUPO AEROMEXICO SAB DE CV | AERO | 40054J109 | $7.7M | 1.15% | 551,601 | SH |
| 14 | UNITEDHEALTH GROUP INC | UNH | 91324P102 | $7.4M | 1.10% | 27,500 | SH |
| 15 | CENTENE CORP DEL | CNC | 15135B101 | $6.8M | 1.01% | 208,500 | SH |
| 16 | MERCER INTL INC | MERC | 588056101 | $6.6M | 0.98% | 4,648,133 | SH |
| 17 | CBL & ASSOC PPTYS INC | CBL | 124830878 | $4.5M | 0.67% | 117,613 | SH |
| 18 | AMERICAN WOODMARK CORP | AMWD | 030506109 | $2.9M | 0.43% | 72,402 | SH |
| 19 | KINDERCARE LEARNING COMPANIE | KLC | 49456W105 | $2.8M | 0.41% | 1,250,000 | SH |
| 20 | GOHEALTH INC | GOCO | 38046W204 | $1.4M | 0.21% | 924,244 | SH |
| 21 | EHEALTH INC | EHTH | 28238P109 | $602.9K | 0.09% | 467,395 | SH |
| 22 | AMERICAN PUB ED INC | APEI | 02913V103 | $568.8K | 0.08% | 10,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $674.2M | 22 | 0000919574-26-003316 |
| 2025-12-31 | 2026-02-17 | $934.2M | 17 | 0000919574-26-001171 |
| 2025-09-30 | 2025-11-14 | $1.03B | 17 | 0000919574-25-006883 |