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Varde Management, L.P. Buys OneMain Holdings Inc, Lilis Energy Inc

- By insider

Minneapolis, MN, based Investment company Varde Management, L.P. buys OneMain Holdings Inc, Lilis Energy Inc during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Varde Management, L.P.. As of 2019Q1, Varde Management, L.P. owns 3 stocks with a total value of $387 million. These are the details of the buys and sells.

  • New Purchases: OMF, LLEX,
  • Reduced Positions: WRN,


For the details of Varde Management, L.P.'s stock buys and sells,
go to https://www.gurufocus.com/guru/varde+management%2C+l.p./current-portfolio/portfolio

These are the top 5 holdings of Varde Management, L.P.

  1. OneMain Holdings Inc (OMF) - 11,355,568 shares, 93.15% of the total portfolio. New Position
  2. Lilis Energy Inc (LLEX) - 23,594,401 shares, 6.30% of the total portfolio. New Position
  3. Western Copper & Gold Corp (WRN) - 3,740,300 shares, 0.54% of the total portfolio. Shares reduced by 8.12%

New Purchase: OneMain Holdings Inc (OMF)

Varde Management, L.P. initiated holding in OneMain Holdings Inc. The purchase prices were between $24.29 and $34.74, with an estimated average price of $30.86. The stock is now traded at around $32.41. The impact to a portfolio due to this purchase was 93.15%. The holding were 11,355,568 shares as of .

New Purchase: Lilis Energy Inc (LLEX)

Varde Management, L.P. initiated holding in Lilis Energy Inc. The purchase prices were between $1.17 and $2.17, with an estimated average price of $1.73. The stock is now traded at around $1.03. The impact to a portfolio due to this purchase was 6.3%. The holding were 23,594,401 shares as of .



Here is the complete portfolio of Varde Management, L.P.. Also check out:

1. Varde Management, L.P.'s Undervalued Stocks

2. Varde Management, L.P.'s Top Growth Companies, and

3. Varde Management, L.P.'s High Yield stocks

4. Stocks that Varde Management, L.P. keeps buyingThis article first appeared on GuruFocus.