Flat Footed LLC

Name: Flat Footed LLC 13F holdings, Q2 2024
Creator: Flat Footed LLC
Published: 2024-08-14

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q1 2024

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Flat Footed LLC reported 7 stock positions worth $211.8 million. Its top holding was Diversified Healthcare Trust (DHC) at 33.8% of the portfolio, followed by Grifols SA-ADR (GRFS, 26.7%) and Brookdale Senior Living (BKD, 20.1%). Compared with Q1 2024, it opened 3 new positions, sold out of 1, added to 2 and reduced 1. The biggest buy was a new position in Eastman Kodak (KODK) and the biggest sale an exit from Ventas (VTR).

Most Recent 13F: Q2 2026
Location: WILSON, WY
CIK: 0001799456
Portfolio Value: $211.8M (Q2 2024)
SEC Filing: 0001799456-24-000007 ↗ filed Aug 14, 2024

Holdings Value

Holdings 7 stocks · $211.8M


DHC Diversified Healthcare Trust	33.83%	23,487,000	$71.6M	No change
GRFS Grifols SA-ADR	26.73%	8,976,421	$56.6M	Add +27.6%
BKD Brookdale Senior Living Inc.	20.13%	6,242,683	$42.6M	Add +66.7%
KODK Eastman Kodak Co.	6.48%	2,549,435	$13.7M	New
SMHI Seacor Marine Holdings Inc.	5.20%	816,188	$11.0M	Reduce -15.4%
GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC	4.27%	279,537	$9.0M	New
CONSOL ENERGY INC	3.37%	69,861	$7.1M	New

Options reported separately and not counted above: SPY puts ($309.7M), TSLA puts ($112.9M), WELL puts ($103.2M), BX puts ($96.0M), GDX calls ($50.6M), APO puts ($42.5M), IYR puts ($24.3M), KKR puts ($15.8M), VLO puts ($15.7M), MPC puts ($13.0M), GRFS calls ($11.4M), TDW puts ($4.8M), and 2 more.

Other holdings (3): bonds, preferreds, convertibles and warrants · $48.0M (not counted above)

Security	Class	Shares / Principal	Value	Change
BROOKDALE SENIOR LIVING (BKD 7 11/15/25)	UNIT 11/15/2025	336,378	$30.8M	No change
BROOKDALE SENIOR LIVING (BKD 2 10/15/26)	NOTE 2.000%10/1 · principal	16,798,000	$16.8M	Add +13.8%
GEO CORRECTIONS HLDGS (GEO 6.5 02/23/26)	NOTE 6.500% 2/2 · principal	200,000	$343K	New

Total filed on the 13F, all lines: $259.7M.

Portfolio Sells Q1 2024 → Q2 2024


VTR Ventas Inc.	Sold out	0.00%	−4.94
SMHI Seacor Marine Holdings Inc.	Reduce -15.4%	5.20%	−3.74

Portfolio Buys Q1 2024 → Q2 2024


KODK Eastman Kodak Co.	New	6.48%	+6.48
GOLD Gold.com Inc.	New	4.27%	+4.27
BKD Brookdale Senior Living Inc.	Add +66.7%	20.13%	+3.67
CONSOL ENERGY INC	New	3.37%	+3.37
GRFS Grifols SA-ADR	Add +27.6%	26.73%	−4.53

Options Activity Q1 2024 → Q2 2024


DIA SS SPDR Dow Jones Indus Avg	put	Sold out	645,600	$337.7Mbefore exit
SPY SS SPDR S&P 500 ETF Trust-US	put	New	569,100	$309.7M
TSLA Tesla Inc.	put	New	570,700	$112.9M
WELL Welltower Inc.	put	New	989,600	$103.2M
BX Blackstone Inc.	put	New	775,500	$96.0M
GDX Vaneck Gold Miners ETF	call	New	1,491,300	$50.6M
APO Apollo Global Management Inc.	put	New	360,000	$42.5M
IYR iShares US Real Estate ETF	put	New	276,500	$24.3M
KKR KKR & Co. Inc.	put	New	150,200	$15.8M
VLO Valero Energy Corp.	put	New	100,000	$15.7M
MPC Marathon Petroleum Corp.	put	New	75,000	$13.0M
GRFS Grifols SA-ADR	call	Reduce -1.9%	1,803,600	$11.4M
VTR Ventas Inc.	call	Sold out	162,400	$7.1Mbefore exit
TDW Tidewater Inc.	put	Reduce -78.6%	50,800	$4.8M
CONSOL ENERGY INC	call	New	25,000	$2.6M
BTU Peabody Energy Corp.	put	Sold out	67,400	$1.6Mbefore exit
TGNA Tegna Inc.	call	Reduce -49.3%	35,000	$488K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q1 2024 → Q2 2024


BROOKDALE SENIOR LIVING (BKD 2 10/15/26)	NOTE 2.000%10/1 · principal	Add +13.8%	16,798,000	$16.8M
GEO CORRECTIONS HLDGS (GEO 6.5 02/23/26)	NOTE 6.500% 2/2 · principal	New	200,000	$343K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	20	$576.6M	DHC, CNR, SVC, HHH, GRFS
Q1 2026	14	$299.8M	DHC, BKD, TK, ASC, HHH
Q4 2025	14	$424.5M	CNR, DHC, BKD, TK, ASC
Q3 2025	16	$492.2M	CNR, BKD, DHC, MATX, JBS
Q2 2025	13	$337.6M	BKD, DHC, CNR, GRFS, JBS
Q1 2025	10	$237.5M	BKD, DHC, CNR, GRFS, ES
Q4 2024	6	$137.6M	BKD, DHC, TDW, KODK, CONSOL ENERGY INC
Q3 2024	5	$170.6M	DHC, BKD, KODK, CONSOL ENERGY INC, SMHI
Q2 2024	7	$211.8M	DHC, GRFS, BKD, KODK, SMHI
Q1 2024	5	$150.4M	DHC, GRFS, BKD, SMHI, VTR