Serengeti Asset Management LP Buys Pampa Energia SA, Dell-VMWare Tracking Stock, Northern Oil & Gas Inc, Sells Tempur Sealy International Inc, Herbalife Nutrition, VICI Properties Inc

• New Purchases: DVMT, PCG, ATUS, BMA, YPF, PDVW, CCO,
• Added Positions: PAM, NOG, FPH, LOMA, XELA,
• Reduced Positions: TPX, HLF, VICI, ATH, CRESY, ANGI, CZR, IRS,
• Sold Out: LBTYK, CEPU,

For the details of Serengeti Asset Management LP's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Serengeti+Asset+Management+LP

1. iShares iBoxx $ Investment Grade Corporate Bond (LQD) - 900,000 shares, 22.55% of the total portfolio.
2. Athene Holding Ltd (ATH) - 1,400,000 shares, 13.42% of the total portfolio. Shares reduced by 3.45%
3. iShares iBoxx $ High Yield Corporate Bond (HYG) - 500,000 shares, 9.3% of the total portfolio.
4. iShares MSCI Emerging Index Fund (EEM) - 800,000 shares, 7.58% of the total portfolio.
5. Red Rock Resorts Inc (RRR) - 1,000,000 shares, 7.33% of the total portfolio.

Serengeti Asset Management LP initiated holding in Dell-VMWare Tracking Stock. The purchase prices were between $70.7 and $89.57, with an estimated average price of $78.71. The stock is now traded at around $93.81. The impact to a portfolio due to this purchase was 1.48%. The holding were 80,000 shares as of 2018-06-30.

Serengeti Asset Management LP initiated holding in PG&E Corp. The purchase prices were between $39.29 and $46.8, with an estimated average price of $43.36. The stock is now traded at around $44.00. The impact to a portfolio due to this purchase was 0.93%. The holding were 100,000 shares as of 2018-06-30.

Serengeti Asset Management LP initiated holding in Altice USA Inc. The purchase prices were between $16.43 and $21, with an estimated average price of $18.44. The stock is now traded at around $17.49. The impact to a portfolio due to this purchase was 0.75%. The holding were 200,000 shares as of 2018-06-30.

Serengeti Asset Management LP initiated holding in Banco Macro SA. The purchase prices were between $58.79 and $109.99, with an estimated average price of $85.95. The stock is now traded at around $59.72. The impact to a portfolio due to this purchase was 0.71%. The holding were 55,000 shares as of 2018-06-30.

Serengeti Asset Management LP initiated holding in YPF SA. The purchase prices were between $13.58 and $23.02, with an estimated average price of $19.56. The stock is now traded at around $16.20. The impact to a portfolio due to this purchase was 0.45%. The holding were 150,000 shares as of 2018-06-30.

Serengeti Asset Management LP initiated holding in pdvWireless Inc. The purchase prices were between $23.35 and $31.7, with an estimated average price of $27.89. The stock is now traded at around $29.55. The impact to a portfolio due to this purchase was 0.26%. The holding were 48,000 shares as of 2018-06-30.

Serengeti Asset Management LP added to a holding in Pampa Energia SA by 232.50%. The purchase prices were between $35.77 and $60.03, with an estimated average price of $51.62. The stock is now traded at around $38.40. The impact to a portfolio due to this purchase was 3.64%. The holding were 665,000 shares as of 2018-06-30.

Serengeti Asset Management LP added to a holding in Northern Oil & Gas Inc by 170.83%. The purchase prices were between $1.48 and $3.15, with an estimated average price of $2.24. The stock is now traded at around $3.41. The impact to a portfolio due to this purchase was 1.41%. The holding were 3,250,000 shares as of 2018-06-30.

Serengeti Asset Management LP added to a holding in Five Point Holdings LLC by 108.06%. The purchase prices were between $10.62 and $14.93, with an estimated average price of $12.56. The stock is now traded at around $11.02. The impact to a portfolio due to this purchase was 0.47%. The holding were 364,098 shares as of 2018-06-30.

Serengeti Asset Management LP added to a holding in Loma Negra Cia Industria Argentina SA by 95.00%. The purchase prices were between $10.26 and $21.99, with an estimated average price of $16.53. The stock is now traded at around $10.63. The impact to a portfolio due to this purchase was 0.42%. The holding were 390,000 shares as of 2018-06-30.

Serengeti Asset Management LP added to a holding in Exela Technologies Inc by 92.44%. The purchase prices were between $4.32 and $5.83, with an estimated average price of $4.85. The stock is now traded at around $4.74. The impact to a portfolio due to this purchase was 0.22%. The holding were 433,000 shares as of 2018-06-30.

Serengeti Asset Management LP sold out a holding in Liberty Global PLC. The sale prices were between $26.61 and $32.05, with an estimated average price of $29.23.

Serengeti Asset Management LP sold out a holding in Central Puerto SA. The sale prices were between $9.9 and $17.25, with an estimated average price of $14.39.