Knighthead Capital Management, LLC — Q4 2014 13F Holdings

Name: Knighthead Capital Management, LLC — 13F Holdings, Q4 2014
Creator: AlphaSMO
License: https://www.sec.gov/forms

CIK: 0001512397

Total reported value

$1.5B

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	AAL	American Airlines Group INC	Stock-Industrials	48.37%	—	+82.18%
2	UAL	United Airlines Holdings INC	Stock-Industrials	17.00%	—	+48.17%
3	YPF	Ypf S.a.-sponsored Adr	Stock-Other	9.99%	—	+1.59%
4	MERC	Mercer International INC	Stock-Other	4.09%	—	+1.50%
5	GM	General Motors Co	Stock-Consumer Disc	3.75%	—	+1.87%
6	✓		Stock-Other	3.24%	—	+1.56%
7	DYN	Dynegy INC New Del	Stock-Other	2.72%	—	+1.59%
8	HTZ	Hertz Global Holdings, Inc.	Stock-Other	2.57%	—	+33.64%
9	BPOP	Popular INC	Stock-Financials	2.54%	—	—
10	DISH	Dish Network Corp-a	Stock-Other	2.40%	—	—
11	HMHCUSD	Houghton Mifflin Harcourt Co	Stock-Other	2.08%	—	—
12	✓	Calpine CORP	Stock-Other	0.51%	—	+1.59%
13	✓	General Mtrs Co	Stock-Other	0.25%	—	+2.78%
14	NE	Noble Corporation plc	Stock-Energy	0.20%	—	-86.71%
15	✓		Stock-Other	0.17%	—	+2.78%
16	✓	Vantage Drilling Company	Stock-Other	0.08%	—	-53.85%
17	✓	Energy Xxi (bermuda) LTD	Stock-Other	0.03%	—	-87.81%

Position changes disclosed by Knighthead Capital Management, LLC for the quarter ending Q4 2014, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	AAL	American Airlines Group INC	+21.7%	+82.18%	Add
2	UAL	United Airlines Holdings INC	+4.8%	+48.17%	Add
3	✓		0%	+2.78%	Add
4	✓	General Mtrs Co	-0.1%	+2.78%	Add
5	✓	Calpine CORP	-0.2%	+1.59%	Add
6	HTZ	Hertz Global Holdings, Inc.	-0.4%	+33.64%	Add
7	✓	Vantage Drilling Company	-0.6%	-53.85%	Trim
8	MERC	Mercer International INC	-0.8%	+1.50%	Add
9	DISH	Dish Network Corp-a	-0.8%	—	Unchanged
10	HMHCUSD	Houghton Mifflin Harcourt Co	-0.9%	—	Unchanged
11	✓	Energy Xxi (bermuda) LTD	-1.1%	-87.81%	Trim
12	DYN	Dynegy INC New Del	-1.2%	+1.59%	Add
13	GM	General Motors Co	-1.4%	+1.87%	Add
14	✓		-1.5%	+1.56%	Add
15	NE	Noble Corporation plc	-2.9%	-86.71%	Trim
16	YPF	Ypf S.a.-sponsored Adr	-10.9%	+1.59%	Add
17	✓	Tesoro CORP	—	EXIT	Sold out
18	BPOP	Popular INC	—	NEW	New buy
19	EXC	Exelon CORP	—	EXIT	Sold out