# EDGAR Filing Document

**Accession Number:** 0001702490
**File Stem:** 0000905148-23-000253
**Filing Date:** 2023-2
**Character Count:** 12973
**Document Hash:** e76e4585685a437d335b991acf59e009
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000905148-23-000253.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0000905148-23-000253

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Deer Park Road Corp
- **CENTRAL INDEX KEY:** 0001702490
- **IRS NUMBER:** 743090495
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18498
- **FILM NUMBER:** 23631094

**BUSINESS ADDRESS:**
- **STREET 1:** 1195 BANGTAIL WAY
- **CITY:** STEAMBOAT SPRINGS
- **STATE:** CO
- **ZIP:** 80487
- **BUSINESS PHONE:** 9704574340

**MAIL ADDRESS:**
- **STREET 1:** 1195 BANGTAIL WAY
- **CITY:** STEAMBOAT SPRINGS
- **STATE:** CO
- **ZIP:** 80487

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Deer Park Road Corp<br>**Address:** 1195 BANGTAIL WAY<br>STEAMBOAT SPRINGS, CO 80487

**Form 13F File Number:** 028-18498

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Bradley W. Craig<br>**Title:** Attorney-in-fact for Michael Craig-Scheckman CEO*<br>**Phone:** 970-457-4340

**Signature, Place, and Date of Signing:**

/s/ Bradley W. Craig  Steamboat Springs, CO  02-14-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 3

**Form 13F Information Table Entry Total:** 83

**Form 13F Information Table Value Total:** $12339827827

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name                                 | Form 13F File Number   |
|:---|:---|:---|
|  | Deer Park Road Management GP LLC     | 028-18499              |
|  | Deer Park Road Management Company LP | 028-18500              |
|  | AgateCreek LLC                       | 028-18501              |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AFFIRM HLDGS INC | COM CL A | 00827B106 |  | 14505000 | 1500000 | SH | Put | OTR | 123 | 0 | 1500000 | 0 |
| AGNC INVT CORP | COM | 00123Q104 |  | 25875000 | 2500000 | SH | Put | OTR | 123 | 0 | 2500000 | 0 |
| ALAMOS GOLD INC NEW | COM CL A | 011532108 |  | 24769500 | 2450000 | SH |  | OTR | 123 | 0 | 2450000 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 48900000 | 2000000 | SH | Put | OTR | 123 | 0 | 2000000 | 0 |
| ALTISOURCE PORTFOLIO SOLNS S | REG SHS | L0175J104 |  | 35905657 | 3795524 | SH |  | OTR | 123 | 0 | 3795524 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 88650000 | 600000 | SH | Put | OTR | 123 | 0 | 600000 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 63240000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 21080000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| APOLLO COML REAL EST FIN INC | COM | 03762U105 |  | 26900000 | 2500000 | SH | Put | OTR | 123 | 0 | 2500000 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 191370000 | 3000000 | SH | Put | OTR | 123 | 0 | 3000000 | 0 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 156995000 | 8500000 | SH | Put | OTR | 123 | 0 | 8500000 | 0 |
| ARES COML REAL ESTATE CORP | COM | 04013V108 |  | 25725000 | 2500000 | SH | Put | OTR | 123 | 0 | 2500000 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 119770000 | 1750000 | SH | Put | OTR | 123 | 0 | 1750000 | 0 |
| ARK ETF TR | INNOVATION ETF | 00214Q104 |  | 31240000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| BARRICK GOLD CORP | COM | 067901108 |  | 21732700 | 1265000 | SH |  | OTR | 123 | 0 | 1265000 | 0 |
| BEST BUY INC | COM | 086516101 |  | 64168000 | 800000 | SH | Put | OTR | 123 | 0 | 800000 | 0 |
| BLACKSTONE MTG TR INC | COM CL A | 09257W100 |  | 21170000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| BREAD FINANCIAL HOLDINGS INC | COM | 018581108 |  | 28245000 | 750000 | SH | Put | OTR | 123 | 0 | 750000 | 0 |
| CANADA GOOSE HLDGS INC | SHS SUB VTG | 135086106 |  | 35620000 | 2000000 | SH | Put | OTR | 123 | 0 | 2000000 | 0 |
| CARMAX INC | COM | 143130102 |  | 60890000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| CARNIVAL CORP | COMMON STOCK | 143658300 |  | 12090000 | 1500000 | SH | Put | OTR | 123 | 0 | 1500000 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 83846000 | 350000 | SH | Put | OTR | 123 | 0 | 350000 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 89140000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| DEUTSCHE BANK A G | NAMEN AKT | D18190898 |  | 63360000 | 5500000 | SH | Put | OTR | 123 | 0 | 5500000 | 0 |
| DISCOVER FINL SVCS | COM | 254709108 |  | 48915000 | 500000 | SH | Put | OTR | 123 | 0 | 500000 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 102653814 | 2102700 | SH | Put | OTR | 123 | 0 | 2102700 | 0 |
| ELLINGTON FINANCIAL INC | COM | 28852N109 |  | 24740000 | 2000000 | SH | Put | OTR | 123 | 0 | 2000000 | 0 |
| EPR PPTYS | COM SH BEN INT | 26884U109 |  | 37720000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| ETF MANAGERS TR | PRIME JUNIR SLVR | 26924G102 |  | 7965250 | 755000 | SH |  | OTR | 123 | 0 | 755000 | 0 |
| FIRST MAJESTIC SILVER CORP | COM | 32076V103 |  | 15470700 | 1855000 | SH |  | OTR | 123 | 0 | 1855000 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 30025600 | 220000 | SH |  | OTR | 123 | 0 | 220000 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 38000000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| FS KKR CAP CORP | COM | 302635206 |  | 52500000 | 3000000 | SH | Put | OTR | 123 | 0 | 3000000 | 0 |
| GLOBAL X FDS | GLOBAL X SILVER | 37954Y848 |  | 9296100 | 330000 | SH |  | OTR | 123 | 0 | 330000 | 0 |
| HELEN OF TROY LTD | COM | G4388N106 |  | 55455000 | 500000 | SH | Put | OTR | 123 | 0 | 500000 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 473790000 | 1500000 | SH | Put | OTR | 123 | 0 | 1500000 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 985236000 | 3700000 | SH | Put | OTR | 123 | 0 | 3700000 | 0 |
| ISHARES INC | MSCI AUST ETF | 464286103 |  | 22230000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| ISHARES INC | MSCI CDA ETF | 464286509 |  | 196380000 | 6000000 | SH | Put | OTR | 123 | 0 | 6000000 | 0 |
| ISHARES INC | MSCI GERMANY ETF | 464286806 |  | 55642500 | 2250000 | SH | Put | OTR | 123 | 0 | 2250000 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 96888000 | 4400000 | SH |  | OTR | 123 | 0 | 4400000 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 99090000 | 4500000 | SH | Put | OTR | 123 | 0 | 4500000 | 0 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 254700000 | 9000000 | SH | Put | OTR | 123 | 0 | 9000000 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 147260000 | 2000000 | SH | Put | OTR | 123 | 0 | 2000000 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 98460000 | 1500000 | SH | Put | OTR | 123 | 0 | 1500000 | 0 |
| ISHARES TR | MSCI UK ETF NEW | 46435G334 |  | 45990000 | 1500000 | SH | Put | OTR | 123 | 0 | 1500000 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 2832478200 | 16245000 | SH | Put | OTR | 123 | 0 | 16245000 | 0 |
| KINROSS GOLD CORP | COM | 496902404 |  | 11247500 | 2750000 | SH |  | OTR | 123 | 0 | 2750000 | 0 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 167712000 | 3200000 | SH | Put | OTR | 123 | 0 | 3200000 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 90500000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| LEVI STRAUSS  CO NEW | CL A COM STK | 52736R102 |  | 15520000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| MARINEMAX INC | COM | 567908108 |  | 15610000 | 500000 | SH | Put | OTR | 123 | 0 | 500000 | 0 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 22280000 | 2000000 | SH | Put | OTR | 123 | 0 | 2000000 | 0 |
| METLIFE INC | COM | 59156R108 |  | 54277500 | 750000 | SH | Put | OTR | 123 | 0 | 750000 | 0 |
| NOVAGOLD RESOURCES INC | COM NEW | 66987E206 |  | 10823800 | 1810000 | SH |  | OTR | 123 | 0 | 1810000 | 0 |
| OCWEN FINL CORP | COM NEW | 675746606 |  | 24943617 | 815684 | SH |  | OTR | 123 | 0 | 815684 | 0 |
| OSISKO GOLD ROYALTIES LTD | COM | 68827L101 |  | 11225100 | 930000 | SH |  | OTR | 123 | 0 | 930000 | 0 |
| OWL ROCK CAPITAL CORPORATION | COM | 69121K104 |  | 75075000 | 6500000 | SH | Put | OTR | 123 | 0 | 6500000 | 0 |
| PENNYMAC FINL SVCS INC NEW | COM | 70932M107 |  | 28330000 | 500000 | SH | Put | OTR | 123 | 0 | 500000 | 0 |
| PENNYMAC MTG INVT TR | COM | 70931T103 |  | 12390000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| PLUG POWER INC | COM NEW | 72919P202 |  | 123700000 | 10000000 | SH | Put | OTR | 123 | 0 | 10000000 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 84536000 | 800000 | SH | Put | OTR | 123 | 0 | 800000 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 147440000 | 8000000 | SH | Put | OTR | 123 | 0 | 8000000 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 49430000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 157446000 | 1800000 | SH | Put | OTR | 123 | 0 | 1800000 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 393300000 | 11500000 | SH | Put | OTR | 123 | 0 | 11500000 | 0 |
| SL GREEN RLTY CORP | COM | 78440X887 |  | 26976000 | 800000 | SH | Put | OTR | 123 | 0 | 800000 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 84820000 | 500000 | SH |  | OTR | 123 | 0 | 500000 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 339280000 | 2000000 | SH | Put | OTR | 123 | 0 | 2000000 | 0 |
| SPDR INDEX SHS FDS | EURO STOXX 50 | 78463X202 |  | 183825000 | 4750000 | SH | Put | OTR | 123 | 0 | 4750000 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1529720000 | 4000000 | SH | Put | OTR | 123 | 0 | 4000000 | 0 |
| SPDR SER TR | BLOOMBERG HIGH Y | 78468R622 |  | 90000000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| SPDR SER TR | S RETAIL ETF | 78464A714 |  | 30225000 | 500000 | SH | Put | OTR | 123 | 0 | 500000 | 0 |
| SPROTT PHYSICAL SILVER TR | TR UNIT | 85207K107 |  | 26942789 | 3269756 | SH |  | OTR | 123 | 0 | 3269756 | 0 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 18330000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| TESLA INC | COM | 88160R101 |  | 1096302000 | 8900000 | SH | Put | OTR | 123 | 0 | 8900000 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 28005000 | 1500000 | SH | Put | OTR | 123 | 0 | 1500000 | 0 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 23850000 | 1000000 | SH | Put | OTR | 123 | 0 | 1000000 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 30809500 | 1075000 | SH |  | OTR | 123 | 0 | 1075000 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 42990000 | 1500000 | SH | Put | OTR | 123 | 0 | 1500000 | 0 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 |  | 29233000 | 820000 | SH |  | OTR | 123 | 0 | 820000 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 |  | 110880000 | 2000000 | SH | Put | OTR | 123 | 0 | 2000000 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 65780000 | 2000000 | SH | Put | OTR | 123 | 0 | 2000000 | 0 |

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