$661 Million is the total value of Beach Point Capital Management LP's 23 reported holdings in Q1 2022. The portfolio turnover from Q4 2021 to Q1 2022 was 80.6% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| New | TERRAN ORBITAL CORPORATION | $151,181,000 | – | 22,737,629 | +100.0% | 22.86% | – | |
| FYBR | Sell | FRONTIER COMMUNICATIONS PARE | $132,804,000 | -30.7% | 4,799,571 | -26.1% | 20.08% | -34.7% |
| FSK | Sell | FS KKR CAP CORP | $102,093,000 | -19.6% | 4,473,815 | -26.2% | 15.44% | -24.2% |
| MPLN | Buy | MULTIPLAN CORPORATION | $59,621,000 | +58.3% | 12,739,462 | +49.8% | 9.01% | +49.1% |
| New | 2U INCnote 2.250% 5/0 | $36,424,000 | – | 43,362,000 | +100.0% | 5.51% | – | |
| VEL | Buy | VELOCITY FINL INC | $33,610,000 | -15.5% | 3,072,167 | +5.8% | 5.08% | -20.4% |
| DBD | Sell | DIEBOLD NIXDORF INC | $33,010,000 | -26.0% | 4,904,863 | -0.5% | 4.99% | -30.3% |
| Sell | WESTERN ASSET MORTGAGE CAPITnote 6.750% 9/1 | $16,438,000 | -8.2% | 17,500,000 | -5.4% | 2.48% | -13.5% | |
| Buy | AG MTG INVT TR INC | $16,150,000 | +13.5% | 1,736,558 | +25.1% | 2.44% | +7.0% | |
| MFA | Buy | MFA FINL INC | $13,267,000 | +8.1% | 3,292,055 | +22.3% | 2.01% | +1.8% |
| New | PENNYMAC CORPnote 5.500% 3/1 | $10,880,000 | – | 11,400,000 | +100.0% | 1.64% | – | |
| TWO HARBORS INVENTMENT CORPOnote 6.250% 1/1 | $8,864,000 | -1.9% | 8,965,000 | 0.0% | 1.34% | -7.6% | ||
| AJXA | Buy | GREAT AJAX CORP7.25 cv sr nt 24 | $8,805,000 | -2.3% | 352,332 | +1.7% | 1.33% | -8.0% |
| ACI | New | ALBERTSONS COS INC | $8,420,000 | – | 253,225 | +100.0% | 1.27% | – |
| GPMT | Buy | GRANITE PT MTG TR INC | $5,361,000 | +8.5% | 482,066 | +14.2% | 0.81% | +2.3% |
| RWT | New | REDWOOD TR INC | $4,607,000 | – | 437,500 | +100.0% | 0.70% | – |
| New | GREENLIGHT CAP RE LTDnote 4.000% 8/0 | $4,320,000 | – | 4,580,000 | +100.0% | 0.65% | – | |
| AJX | Buy | GREAT AJAX CORP | $3,370,000 | -8.3% | 287,285 | +2.9% | 0.51% | -13.6% |
| WMC | Buy | WESTERN ASSET MTG CAP CORP | $3,004,000 | +25.6% | 1,756,783 | +54.9% | 0.45% | +18.2% |
| CMLS | Sell | CUMULUS MEDIA INC | $2,974,000 | -12.0% | 298,883 | -0.5% | 0.45% | -17.0% |
| AAA | LISTED FD TRaaf frst priorty | $2,483,000 | -0.8% | 100,000 | 0.0% | 0.38% | -6.7% | |
| New | INNOVATE CORPnote 7.500% 8/0 | $2,350,000 | – | 2,055,000 | +100.0% | 0.36% | – | |
| PNNT | New | PENNANTPARK INVT CORP | $1,362,000 | – | 175,000 | +100.0% | 0.21% | – |
| MITU | Exit | MASON INDUSTRIAL TECHNOLGY Iunit 99/99/9999 | $0 | – | -22,410 | -100.0% | -0.04% | – |
| PSAGU | Exit | PROPERTY SOLUTIONS ACQUISITIunit 03/01/2026 | $0 | – | -25,000 | -100.0% | -0.04% | – |
| SSAAU | Exit | SCIENCE STRATEGIC ACQ ALPHAunit 01/20/2026 | $0 | – | -30,312 | -100.0% | -0.05% | – |
| NYMT | Exit | NEW YORK MTG TR INC | $0 | – | -113,230 | -100.0% | -0.07% | – |
| NRACU | Exit | NOBLE ROCK ACQUISITION CORPunit 01/31/2028 | $0 | – | -42,812 | -100.0% | -0.07% | – |
| SCAQU | Exit | STRATIM CLOUD ACQUISITION COunit 03/05/2026 | $0 | – | -49,637 | -100.0% | -0.08% | – |
| FTEVU | Exit | FINTECH EVOLUTION ACQUIS GROunit 99/99/9999 | $0 | – | -58,438 | -100.0% | -0.09% | – |
| GPACU | Exit | GLOBAL PARTNER ACQISTN CORPunit 01/06/2026 | $0 | – | -81,868 | -100.0% | -0.13% | – |
| CPTKU | Exit | CROWN PROPTECH ACQUISITIONSunit 99/99/9999 | $0 | – | -80,319 | -100.0% | -0.13% | – |
| EJFAU | Exit | EJF ACQUISITION CORPunit 03/10/2026 | $0 | – | -78,901 | -100.0% | -0.13% | – |
| TLGAU | Exit | TLG ACQUISITION ONE CORPunit 99/99/9999 | $0 | – | -100,000 | -100.0% | -0.16% | – |
| TRTX | Exit | TPG RE FIN TR INC | $0 | – | -141,572 | -100.0% | -0.28% | – |
| STWD | Exit | STARWOOD PPTY TR INC | $0 | – | -75,000 | -100.0% | -0.29% | – |
| RCA | Exit | READY CAPITAL CORP7% cn sr nt 2023 | $0 | – | -76,120 | -100.0% | -0.33% | – |
| Exit | INNOVATE CORPnote 7.500% 8/0 | $0 | – | -2,055,000 | -100.0% | -0.36% | – | |
| ARR | Exit | ARMOUR RESIDENTIAL REIT INC | $0 | – | -396,594 | -100.0% | -0.62% | – |
| Exit | GREENLIGHT CAP RE LTDnote 4.000% 8/0 | $0 | – | -4,700,000 | -100.0% | -0.72% | – | |
| MTG | Exit | MGIC INVT CORP WIS | $0 | – | -543,740 | -100.0% | -1.26% | – |
| RDN | Exit | RADIAN GROUP INC | $0 | – | -542,500 | -100.0% | -1.84% | – |
| MGI | Exit | MONEYGRAM INTL INC | $0 | – | -2,490,916 | -100.0% | -3.16% | – |
| NCR | Exit | NCR CORP NEW | $0 | – | -1,038,875 | -100.0% | -6.70% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2022-05-02
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| SINCLAIR BROADCAST GROUP INC | 25 | Q2 2021 | 12.8% |
| MGM RESORTS INTERNATIONAL | 24 | Q3 2020 | 23.4% |
| LIBERTY GLOBAL PLC | 22 | Q3 2018 | 13.0% |
| LIBERTY GLOBAL PLC | 19 | Q3 2018 | 9.9% |
| ZAYO GROUP HLDGS INC | 17 | Q1 2019 | 10.3% |
| DELTA AIR LINES INC DEL | 17 | Q3 2018 | 5.8% |
| CUMULUS MEDIA INC | 17 | Q4 2022 | 6.1% |
| STEALTHGAS INC | 16 | Q2 2018 | 3.5% |
| VELOCITY FINL INC | 15 | Q3 2023 | 34.2% |
| FS KKR CAPITAL CORP | 14 | Q3 2023 | 30.0% |
View Beach Point Capital Management LP's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| CUMULUS MEDIA INC | February 09, 2023 | 596,769 | 3.4% |
| DIEBOLD NIXDORF, Inc | February 09, 2023 | 2,897,395 | 3.7% |
| MONEYGRAM INTERNATIONAL INCSold out | February 09, 2023 | 0 | 0.0% |
| Horizon Lines, Inc. | February 11, 2015 | 5,005,396 | 12.2% |
| SPANISH BROADCASTING SYSTEM INC | January 21, 2011 | 2,632,418 | 6.3% |
View Beach Point Capital Management LP's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-04-24 |
| SC 13D/A | 2024-02-22 |
| SC 13G/A | 2024-02-09 |
| SC 13G/A | 2024-02-09 |
| SC 13G/A | 2024-02-09 |
| SC 13G | 2024-02-09 |
| SC 13G/A | 2024-02-02 |
| 13F-HR | 2024-01-16 |
| 13F-HR | 2023-10-30 |
| SC 13D | 2023-08-18 |
View Beach Point Capital Management LP's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.