Instuitional Investor - Flat Footed Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Diversified Healthcare Trust	DHC	23,487,002	$218,429,118	16.71%
2.	Ishares Tr - IBOXX HI YD ETF PUTPUT		2,210,000	$176,733,700	13.52%
3.	Core Natural Resources Inc.	CNR	1,165,762	$93,284,275	7.14%
4.	Service Properties Trust	SVC	10,202,489.4	$86,211,035	6.59%
5.	Royal Bank Canada Montreal QuePUT	RY	385,000	$79,683,450	6.1%