Sound Point Capital Management, LP Buys PG&E Corp, Intelsat SA, Sells VICI Properties Inc, Gray Television Inc, Pretium Resources Inc

Investment company Sound Point Capital Management, LP buys PG&E Corp, Intelsat SA, sells VICI Properties Inc, Gray Television Inc, Pretium Resources Inc, Midstates Petroleum Co Inc, Boyd Gaming Corp, Quorum Health Corp, Everi Holdings Inc during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Sound Point Capital Management, LP. As of 2019Q1, Sound Point Capital Management, LP owns 19 stocks with a total value of $206 million. These are the details of the buys and sells.

For the details of Sound Point Capital Management, LP's stock buys and sells, go to https://www.gurufocus.com/guru/sound+point+capital+management%2C+lp/current-portfolio/portfolio

These are the top 5 holdings of Sound Point Capital Management, LP
  1. iShares Russell 2000 (IWM) - 476,000 shares, 35.30% of the total portfolio.
  2. SPDR S&P 500 (SPY) - 202,000 shares, 27.64% of the total portfolio.
  3. Intelsat SA (I) - 762,045 shares, 5.78% of the total portfolio. Shares added by 35.58%
  4. Intelsat SA (I) - 700,000 shares, 5.31% of the total portfolio.
  5. C&J Energy Services Inc (CJ) - 499,830 shares, 3.76% of the total portfolio.
New Purchase: PG&E Corp (PCG)

Sound Point Capital Management, LP initiated holding in PG&E Corp. The purchase prices were between $6.36 and $24.4, with an estimated average price of $16.19. The stock is now traded at around $18.06. The impact to a portfolio due to this purchase was 3.38%. The holding were 392,379 shares as of .

Added: Intelsat SA (I)

Sound Point Capital Management, LP added to a holding in Intelsat SA by 35.58%. The purchase prices were between $15.2 and $24.9, with an estimated average price of $21.24. The stock is now traded at around $21.78. The impact to a portfolio due to this purchase was 1.52%. The holding were 762,045 shares as of .

Sold Out: VICI Properties Inc (VICI)

Sound Point Capital Management, LP sold out a holding in VICI Properties Inc. The sale prices were between $18.48 and $22.09, with an estimated average price of $21.1.

Sold Out: Boyd Gaming Corp (BYD)

Sound Point Capital Management, LP sold out a holding in Boyd Gaming Corp. The sale prices were between $20.78 and $31.12, with an estimated average price of $27.21.

Sold Out: Quorum Health Corp (QHC)

Sound Point Capital Management, LP sold out a holding in Quorum Health Corp. The sale prices were between $1.4 and $3.56, with an estimated average price of $2.71.

Sold Out: Everi Holdings Inc (EVRI)

Sound Point Capital Management, LP sold out a holding in Everi Holdings Inc. The sale prices were between $5.09 and $10.52, with an estimated average price of $7.55.

Reduced: Gray Television Inc (GTN)

Sound Point Capital Management, LP reduced to a holding in Gray Television Inc by 65.73%. The sale prices were between $14.53 and $23.18, with an estimated average price of $18.54. The stock is now traded at around $19.08. The impact to a portfolio due to this sale was -1.34%. Sound Point Capital Management, LP still held 239,312 shares as of .

Reduced: Pretium Resources Inc (PVG)

Sound Point Capital Management, LP reduced to a holding in Pretium Resources Inc by 37.25%. The sale prices were between $6.72 and $8.89, with an estimated average price of $7.93. The stock is now traded at around $8.07. The impact to a portfolio due to this sale was -0.77%. Sound Point Capital Management, LP still held 779,129 shares as of .

Reduced: Midstates Petroleum Co Inc (MPO)

Sound Point Capital Management, LP reduced to a holding in Midstates Petroleum Co Inc by 42.27%. The sale prices were between $7.51 and $10.94, with an estimated average price of $9.26. The stock is now traded at around $8.84. The impact to a portfolio due to this sale was -0.6%. Sound Point Capital Management, LP still held 549,940 shares as of .



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