Knighthead Capital Management, LLC Buys Alight Inc, ATI Physical Therapy Inc, Alibaba Group Holding, Sells Foley Trasimene Acquisition Corp, Meta Platforms Inc, Amazon.com Inc

• New Purchases: ALIT, ATIP, BABA,
• Added Positions: BHR,
• Sold Out: WPF, FB, AMZN,

For the details of Knighthead Capital Management, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/knighthead+capital+management%2C+llc/current-portfolio/portfolio

1. S&P 500 ETF TRUST ETF (SPY) - 2,000,000 shares, 51.74% of the total portfolio.
2. iShares iBoxx USD High Yield Corporate Bond ETF (HYG) - 4,675,000 shares, 24.65% of the total portfolio.
3. PG&E Corp (PCG) - 9,723,905 shares, 5.63% of the total portfolio. Shares reduced by 0.05%
4. Sabre Corp (SABR) - 6,720,024 shares, 4.80% of the total portfolio.
5. Avis Budget Group Inc (CAR) - 505,100 shares, 3.55% of the total portfolio.

Knighthead Capital Management, LLC initiated holding in Alight Inc. The purchase prices were between $0 and $13.01, with an estimated average price of $10.42. The stock is now traded at around $11.080000. The impact to a portfolio due to this purchase was 2.28%. The holding were 3,301,707 shares as of 2021-09-30.

Knighthead Capital Management, LLC initiated holding in ATI Physical Therapy Inc. The purchase prices were between $3.39 and $9.42, with an estimated average price of $5.14. The stock is now traded at around $4.420000. The impact to a portfolio due to this purchase was 1.78%. The holding were 7,775,585 shares as of 2021-09-30.

Knighthead Capital Management, LLC initiated holding in Alibaba Group Holding Ltd. The purchase prices were between $145.08 and $221.87, with an estimated average price of $182.3. The stock is now traded at around $168.520000. The impact to a portfolio due to this purchase was 0.25%. The holding were 28,500 shares as of 2021-09-30.

Knighthead Capital Management, LLC added to a holding in Braemar Hotels & Resorts Inc by 120.97%. The purchase prices were between $4.7 and $6.24, with an estimated average price of $5.23. The stock is now traded at around $5.070000. The impact to a portfolio due to this purchase was 0.13%. The holding were 774,649 shares as of 2021-09-30.

Knighthead Capital Management, LLC sold out a holding in Foley Trasimene Acquisition Corp. The sale prices were between $9.63 and $9.75, with an estimated average price of $9.71.

Knighthead Capital Management, LLC sold out a holding in Meta Platforms Inc. The sale prices were between $336.95 and $382.18, with an estimated average price of $360.33.

Knighthead Capital Management, LLC sold out a holding in Amazon.com Inc. The sale prices were between $3187.75 and $3731.41, with an estimated average price of $3451.22.