Instuitional Investor - Varde Management, L.p.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Onemain Holdings Inc.	OMF	916,484	$45,091,013	62.09%
2.	Nio Inc.BOND	NIO	25,643,000	$23,463,345	32.31%
3.	Ashford Hospitality Trust Inc	AHT	209,298.1	$4,060,383	5.59%
4.	Vnet Group IncBOND		0	$0	0%
5.	Vici Properties Inc.	VICI	0	$0	0%