Knighthead Capital Management, LLC Buys Spirit Realty Capital Inc, Sells Delta Air Lines Inc

New York, NY, based Investment company Knighthead Capital Management, LLC buys Spirit Realty Capital Inc, sells Delta Air Lines Inc during the 3-months ended 2017-09-30, according to the most recent filings of the investment company, Knighthead Capital Management, LLC. As of 2017-09-30, Knighthead Capital Management, LLC owns 10 stocks with a total value of $661 million. These are the details of the buys and sells.

New Purchases: SRC, Reduced Positions: YPF, Sold Out: DAL,

For the details of Knighthead Capital Management, LLC’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=Knighthead+Capital+Management%2C+LLC

These are the top 5 holdings of Knighthead Capital Management, LLCSPDR S&P 500 (SPY) – 1,500,000 shares, 57.03% of the total portfolio. Spirit Realty Capital Inc (SRC) – 9,113,000 shares, 11.82% of the total portfolio. New PositionYPF SA (YPF) – 2,153,795 shares, 7.26% of the total portfolio. Shares reduced by 1.5%TerraForm Global Inc (GLBL) – 9,200,000 shares, 6.61% of the total portfolio. EQT Corp (EQT) – 597,300 shares, 5.9% of the total portfolio. New Purchase: Spirit Realty Capital Inc (SRC)

Knighthead Capital Management, LLC initiated holdings in Spirit Realty Capital Inc. The purchase prices were between $7.32 and $8.74, with an estimated average price of $8.22. The stock is now traded at around $8.47. The impact to the portfolio due to this purchase was 11.82%. The holdings were 9,113,000 shares as of 2017-09-30.

Sold Out: Delta Air Lines Inc (DAL)

Knighthead Capital Management, LLC sold out the holdings in Delta Air Lines Inc. The sale prices were between $45.21 and $55.48, with an estimated average price of $49.87.

Here is the complete portfolio of Knighthead Capital Management, LLC. Also check out:

1. Knighthead Capital Management, LLC’s Undervalued Stocks
2. Knighthead Capital Management, LLC’s Top Growth Companies, and
3. Knighthead Capital Management, LLC’s High Yield stocks
4. Stocks that Knighthead Capital Management, LLC keeps buying

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