Latest Beach Point Capital Management LP Stock Portfolio
$285Million
Equity Portfolio Value
Last Reported on: 24 Apr, 2024
About Beach Point Capital Management LP and it’s 13F Hedge Fund Stock Holdings
Beach Point Capital Management LP is a hedge fund based in SANTA MONICA, CA. On 09-Aug-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $15.9 Billions. In it's latest 13F Holdings report, Beach Point Capital Management LP reported an equity portfolio of $286 Millions as of 31 Mar, 2024.
The top stock holdings of Beach Point Capital Management LP are VEL, , GBTG. The fund has invested 34.2% of it's portfolio in VELOCITY FINL INC and 33.6% of portfolio in DIEBOLD NIXDORF INC.
The fund managers got completely rid off NUVEEN CA QUALTY MUN INCOME and AG MTG INVT TR INC (MITT) stocks. They significantly reduced their stock positions in FS KKR CAP CORP (FSK), FRONTIER COMMUNICATIONS PARE (FYBR) and DIEBOLD NIXDORF INC. Beach Point Capital Management LP opened new stock positions in GLOBAL BUSINESS TRAVEL GROUP (GBTG). The fund showed a lot of confidence in some stocks as they added substantially to HUDSON PAC PPTYS INC (HPP), GREAT AJAX CORP (AJX) and WESTERN AST INFL LKD OPP & I.
The top stock holdings of Beach Point Capital Management LP are VEL, , GBTG. The fund has invested 34.2% of it's portfolio in VELOCITY FINL INC and 33.6% of portfolio in DIEBOLD NIXDORF INC.
The fund managers got completely rid off NUVEEN CA QUALTY MUN INCOME and AG MTG INVT TR INC (MITT) stocks. They significantly reduced their stock positions in FS KKR CAP CORP (FSK), FRONTIER COMMUNICATIONS PARE (FYBR) and DIEBOLD NIXDORF INC. Beach Point Capital Management LP opened new stock positions in GLOBAL BUSINESS TRAVEL GROUP (GBTG). The fund showed a lot of confidence in some stocks as they added substantially to HUDSON PAC PPTYS INC (HPP), GREAT AJAX CORP (AJX) and WESTERN AST INFL LKD OPP & I.
New Buys
| Ticker | $ Bought |
|---|---|
| GLOBAL BUSINESS TRAVEL GROUP | 42,517,600 |
New stocks bought by Beach Point Capital Management LP
Additions
| Ticker | % Inc. |
|---|---|
| HUDSON PAC PPTYS INC | 374 |
| GREAT AJAX CORP | 39.29 |
| WESTERN AST INFL LKD OPP & I | 34.51 |
| VELOCITY FINL INC | 2.4 |
Additions to existing portfolio by Beach Point Capital Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| FS KKR CAP CORP | -62.5 |
| FRONTIER COMMUNICATIONS PARE | -22.4 |
| DIEBOLD NIXDORF INC | -10.21 |
| MULTIPLAN CORPORATION | -1.14 |
Beach Point Capital Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| NUVEEN CA QUALTY MUN INCOME | -15,504,700 |
| AG MTG INVT TR INC | -3,652,510 |
Beach Point Capital Management LP got rid off the above stocks
Current Stock Holdings of Beach Point Capital Management LP
Last Reported on: 24 Apr, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| AJX | GREAT AJAX CORP | 4.21 | 3,167,290 | 12,035,700 | ADDED | 39.29 | |
| FSK | FS KKR CAP CORP | 0.50 | 74,256 | 1,416,060 | REDUCED | -62.5 | |
| FYBR | FRONTIER COMMUNICATIONS PARE | 2.08 | 242,596 | 5,943,600 | REDUCED | -22.4 | |
| GBTG | GLOBAL BUSINESS TRAVEL GROUP | 14.87 | 7,074,480 | 42,517,600 | NEW | ||
| HPP | HUDSON PAC PPTYS INC | 1.91 | 844,995 | 5,450,220 | ADDED | 374 | |
| LLAP | TERRAN ORBITAL CORPORATION | 2.89 | 6,301,170 | 8,254,530 | UNCHANGED | 0.00 | |
| MITT | AG MTG INVT TR INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| MPLN | MULTIPLAN CORPORATION | 1.72 | 6,073,400 | 4,926,740 | REDUCED | -1.14 | |
| VEL | VELOCITY FINL INC | 34.21 | 5,434,980 | 97,829,600 | ADDED | 2.4 | |
| DIEBOLD NIXDORF INC | 33.62 | 2,791,220 | 96,129,600 | REDUCED | -10.21 | ||
| WESTERN AST INFL LKD OPP & I | 3.96 | 1,310,710 | 11,311,400 | ADDED | 34.51 | ||
| DRAGONFLY ENERGY HOLDINGS CO | 0.05 | 249,095 | 134,511 | UNCHANGED | 0.00 | ||
| NUVEEN CA QUALTY MUN INCOME | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 |