Instuitional Investor - Varde Management, L.p.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ziff Davis Inc.	ZD	534,028	$22,407,815	45.44%
2.	Echostar Corp	SATS	147,400	$17,256,118	35%
3.	Surgery Partners Inc.	SGRY	755,438	$9,004,821	18.26%
4.	Ziprecruiter Inc.	ZIP	347,527	$639,450	1.3%
5.	Nabors Industries Ltd	NBR	0	$0	0%