$246 Million is the total value of Beach Point Capital Management LP's 22 reported holdings in Q4 2022. The portfolio turnover from Q3 2022 to Q4 2022 was 36.0% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FYBR | Sell | FRONTIER COMMUNICATIONS PARE | $48,316,119 | -8.7% | 1,896,237 | -16.1% | 19.63% | +9.4% |
| VEL | Buy | VELOCITY FINL INC | $38,160,385 | +0.3% | 3,954,444 | +12.7% | 15.51% | +20.3% |
| Sell | TERRAN ORBITAL CORPORATION | $31,343,454 | -17.1% | 19,837,629 | -9.0% | 12.74% | -0.6% | |
| WESTERN ASSET MORTGAGE CAPITnote 6.750% 9/1 | $18,748,800 | -0.2% | 21,700,000 | 0.0% | 7.62% | +19.7% | ||
| 2U INCnote 2.250% 5/0 | $15,103,533 | -5.1% | 23,362,000 | 0.0% | 6.14% | +13.8% | ||
| Sell | AG MTG INVT TR INC | $12,120,445 | +24.4% | 2,282,570 | -3.7% | 4.92% | +49.2% | |
| Buy | MFA FINL INCnote 6.250% 6/1 | $9,561,285 | +269.6% | 10,683,000 | +256.1% | 3.88% | +343.0% | |
| PENNYMAC CORPnote 5.500% 3/1 | $9,226,875 | -0.4% | 11,400,000 | 0.0% | 3.75% | +19.4% | ||
| MPLN | Sell | MULTIPLAN CORPORATION | $8,485,152 | -65.3% | 7,378,393 | -13.6% | 3.45% | -58.3% |
| TWO HARBORS INVENTMENT CORPOnote 6.250% 1/1 | $7,648,795 | +3.2% | 8,965,000 | 0.0% | 3.11% | +23.7% | ||
| Buy | RWT HLDGS INCnote 5.750%10/0 | $6,745,228 | +5.3% | 8,042,000 | +6.6% | 2.74% | +26.3% | |
| FSK | Sell | FS KKR CAP CORP | $6,289,745 | -37.8% | 359,414 | -39.7% | 2.56% | -25.4% |
| Sell | MFA FINL INC | $4,939,036 | -45.2% | 501,425 | -56.7% | 2.01% | -34.3% | |
| AJXA | Sell | GREAT AJAX CORP7.25 cv sr nt 24 | $4,671,088 | -4.4% | 195,035 | -4.7% | 1.90% | +14.6% |
| FLL | Buy | FULL HSE RESORTS INC | $4,589,937 | +68.1% | 610,364 | +25.6% | 1.86% | +101.4% |
| DBD | Sell | DIEBOLD NIXDORF INC | $4,114,301 | -47.9% | 2,897,395 | -10.4% | 1.67% | -37.5% |
| CMLS | Buy | CUMULUS MEDIA INC | $3,705,935 | -4.0% | 596,769 | +8.6% | 1.51% | +15.0% |
| New | REDWOOD TRUST INCnote 5.625% 7/1 | $3,620,000 | – | 4,000,000 | +100.0% | 1.47% | – | |
| New | DRAGONFLY ENERGY HOLDINGS CO | $3,050,049 | – | 274,285 | +100.0% | 1.24% | – | |
| AJX | GREAT AJAX CORP | $2,423,530 | -3.4% | 334,280 | 0.0% | 0.98% | +15.7% | |
| INNOVATE CORPnote 7.500% 8/0 | $1,645,233 | +25.5% | 2,055,000 | 0.0% | 0.67% | +50.7% | ||
| NYMT | New | NEW YORK MTG TR INC | $1,596,160 | – | 623,500 | +100.0% | 0.65% | – |
| PNNT | Exit | PENNANTPARK INVT CORP | $0 | – | -175,000 | -100.0% | -0.32% | – |
| RWT | Exit | REDWOOD TR INC | $0 | – | -275,000 | -100.0% | -0.54% | – |
| GPMT | Exit | GRANITE PT MTG TR INC | $0 | – | -503,466 | -100.0% | -1.10% | – |
| Exit | WESTERN ASSET MTG CAP CORP | $0 | – | -350,661 | -100.0% | -1.33% | – | |
| INVH | Exit | INVITATION HOMES INC | $0 | – | -210,003 | -100.0% | -2.40% | – |
| AGNC | Exit | AGNC INVT CORP | $0 | – | -1,500,000 | -100.0% | -4.28% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-01-27
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.