Latest Callodine Capital Management, LP Stock Portfolio

Callodine Capital Management, LP Performance:

2025 Q3: 4.1%YTD: -1.8%2024: 15.64%

Performance for 2025 Q3 is 4.1%, and YTD is -1.8%, and 2024 is 15.64%.

About Callodine Capital Management, LP and 13F Hedge Fund Stock Holdings

Callodine Capital Management, LP is a hedge fund based in FAIRPORT, NY. On 29-Aug-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $17 Billions. In it's latest 13F Holdings report, Callodine Capital Management, LP reported an equity portfolio of $1.1 Billions as of 30 Sep, 2025.

The top stock holdings of Callodine Capital Management, LP are SPB, WWW, VTRS. The fund has invested 7.9% of it's portfolio in SPECTRUM BRANDS HLDGS INC NE and 6.5% of portfolio in WOLVERINE WORLD WIDE INC.

The fund managers got completely rid off DELEK US HLDGS INC NEW (DK), WALGREENS BOOTS ALLIANCE INC (WBA) and ELEVANCE HEALTH INC (ELV) stocks. They significantly reduced their stock positions in ARES CAPITAL CORP, CITIGROUP INC (C) and CVS HEALTH CORP (CVS). Callodine Capital Management, LP opened new stock positions in FOUR CORNERS PPTY TR INC (FCPT), OWENS CORNING NEW (OC) and BRUKER CORP (BRKR). The fund showed a lot of confidence in some stocks as they added substantially to REINSURANCE GRP OF AMERICA I (RGA), SEALED AIR CORP NEW (SEE) and TARGET CORP (TGT).

Callodine Capital Management, LP Annual Return Estimates Vs S&P 500

Our best estimate is that Callodine Capital Management, LP made a return of 4.1% in the last quarter. In trailing 12 months, it's portfolio return was 1.34%.

New Buys

Ticker	$ Bought
four corners ppty tr inc	18,672,700
owens corning new	17,389,700
bruker corp	10,872,000
graphic packaging hldg co	6,849,500
ovintiv inc	2,273,680
bruker corp	1,104,660
starwood ppty tr inc	762,403
agree rlty corp	710,400

New stocks bought by Callodine Capital Management, LP

Additions

Ticker	% Inc.
reinsurance grp of america i	3,066
sealed air corp new	688
target corp	225
plains gp hldgs l p	125
liberty energy inc	97.66
shutterstock inc	86.02
blue owl capital inc	55.01
equitable hldgs inc	40.93

Additions to existing portfolio by Callodine Capital Management, LP

Reductions

Ticker	% Reduced
ares capital corp	-50.00
citigroup inc	-46.56
blackstone secd lending fd	-41.93
cvs health corp	-39.49
wolverine world wide inc	-37.14
m & t bk corp	-24.16
sixth street specialty lendi	-18.16
capital one finl corp	-16.42

Callodine Capital Management, LP reduced stake in above stock

Sold off

Ticker	$ Sold
walgreens boots alliance inc	-11,834,500
delek us hldgs inc new	-15,191,200
fs kkr cap corp	-1,494,830
elevance health inc	-7,390,240

Callodine Capital Management, LP got rid off the above stocks

Sector Distribution

Callodine Capital Management, LP has about 21.1% of it's holdings in Financial Services sector.

Sector	%
Financial Services	21.1
Others	18.2
Consumer Defensive	13
Healthcare	12.6
Consumer Cyclical	11.5
Energy	6.3
Communication Services	5.7
Real Estate	4.1
Industrials	4.1
Utilities	1.7
Technology	1.5

Market Cap. Distribution

Callodine Capital Management, LP has about 37.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	37.1
MID-CAP	28.4
UNALLOCATED	18.2
SMALL-CAP	16.3

Stocks belong to which Index?

About 48.6% of the stocks held by Callodine Capital Management, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	51.4
S&P 500	31.5
RUSSELL 2000	17.1

Top 5 Winners (%)		%
WWW	wolverine world wide inc	51.8 %
C	citigroup inc	19.2 %
MTCH	match group inc new	13.8 %
PRDO	perdoceo ed corp	13.4 %
JACK	jack in the box inc	12.6 %

Top 5 Winners ($)		$
WWW	wolverine world wide inc	40.2 M
MTCH	match group inc new	6.0 M
VTRS	viatris inc	5.8 M
JACK	jack in the box inc	3.7 M
C	citigroup inc	3.7 M

Top 5 Losers (%)		%
BAX	baxter intl inc	-21.6 %
OWL	blue owl capital inc	-8.0 %
UGI	ugi corp new	-7.2 %
EQH	equitable hldgs inc	-6.9 %
PAA	plains all amern pipeline l	-6.9 %

Top 5 Losers ($)		$
BAX	baxter intl inc	-11.0 M
OWL	blue owl capital inc	-5.7 M
EQH	equitable hldgs inc	-3.9 M
UGI	ugi corp new	-1.5 M
TSLX	sixth street specialty lendi	-1.0 M

Callodine Capital Management, LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Callodine Capital Management, LP

Callodine Capital Management, LP has 53 stocks in it's portfolio. About 49.5% of the portfolio is in top 10 stocks. BAX proved to be the most loss making stock for the portfolio. WWW was the most profitable stock for Callodine Capital Management, LP last quarter.

Last Reported on: 13 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ADC	agree rlty corp	0.06	10,000	710,400	new

AIB	midcap financial invstmnt co	0.54	510,808	6,124,590	added	2.16

BAX	baxter intl inc	3.50	1,756,000	39,984,100	added	20.07

BBDC	barings bdc inc	0.23	304,024	2,663,250	added	7.04

BRKR	bruker corp	0.95	40,000	10,872,000	new

BRKR	bruker corp	0.10	34,000	1,104,660	new

C	citigroup inc	1.07	120,897	12,271,000	reduced	-46.56

CION	cion invt corp	0.47	562,388	5,331,440	added	2.25

COF	capital one finl corp	4.14	222,079	47,209,600	reduced	-16.42

CVS	cvs health corp	2.07	313,427	23,629,300	reduced	-39.49

DK	delek us hldgs inc new	0.00	0.00	0.00	sold off	-100

ELV	elevance health inc	0.00	0.00	0.00	sold off	-100

EQH	equitable hldgs inc	4.64	1,042,690	52,948,000	added	40.93

ET	energy transfer l p	2.06	1,370,000	23,509,200	added	32.37

EXR	extra space storage inc	0.05	4,000	563,760	new

FCPT	four corners ppty tr inc	1.64	765,275	18,672,700	new

FSK	fs kkr cap corp	0.00	0.00	0.00	sold off	-100

GBDC	golub cap bdc inc	0.62	521,238	7,135,750	unchanged	0.00

GEL	genesis energy l p	0.69	470,287	7,858,500	unchanged	0.00

GPK	graphic packaging hldg co	0.60	350,000	6,849,500	new