Beach Point Capital Management LP Diversified Active

Name: Beach Point Capital Management LP Q3 2019 13F Filing | 13F Explorer
Creator: Beach Point Capital Management LP
Published: 2019-10-25

Location: Santa Monica, CA

CIK: 0001453885 · Show all filings

Period: Q3 2019 (← Previous) (Next →)

Filing Date: Oct 25, 2019

Total Value: $261M (97.0% shares, 3.0% debt)

Holdings (21)

— FS KKR CAPITAL CORP 41.0%

Value $107M Shares 18,338,927 Share Price $5.83 Est. Cost/Share $5.50 Unrealized @ Report Date —

— SINCLAIR BROADCAST GROUP INC 12.2%

Value $31.86M Shares 745,499 Share Price $42.74 Est. Cost/Share $31.41 Unrealized @ Report Date —

AIR AAR CORP 8.0%

Value $20.91M Shares 507,486 Share Price $41.21 Est. Cost/Share $38.65 Unrealized @ Report Date +5.9%

MGM MGM RESORTS INTERNATIONAL 6.0%

Value $15.74M Shares 567,852 Share Price $27.72 Est. Cost/Share $26.65 Unrealized @ Report Date +2.7%

NRG NRG ENERGY INC 5.7%

Value $14.99M Shares 378,495 Share Price $39.60 * Est. Cost/Share $25.06 Unrealized @ Report Date +31.7%

— MONEYGRAM INTL INC 4.5%

Value $11.72M Shares 2,945,371 Share Price $3.98 Est. Cost/Share $2.02 Unrealized @ Report Date —

CMLS CUMULUS MEDIA INC 3.9%

Value $10.25M Shares 705,000 Share Price $14.54 * Est. Cost/Share $14.56 Unrealized @ Report Date +3.2%

— BLACKROCK FLOAT RATE OME STR 2.9%

Value $7.546M Shares 597,940 Share Price $12.62 Est. Cost/Share $12.52 Unrealized @ Report Date —

MPC MARATHON PETE CORP 2.8%

Value $7.249M Shares 119,332 Share Price $60.75 * Est. Cost/Share $60.69 Unrealized @ Report Date -17.7%

— HIGHLAND INCOME FUND 2.6%

Value $6.84M Shares 512,355 Share Price $13.35 Est. Cost/Share $13.86 Unrealized @ Report Date —

— EXTRACTION OIL AND GAS INC 2.3%

Value $5.978M Shares 2,033,397 Share Price $2.94 Est. Cost/Share $18.88 Unrealized @ Report Date —

— WESTERN ASSET MTG CAP CORP 1.5%

Value $4.02M Shares 4,000,000 Share Price $1.00 Est. Cost/Share $1.00 Unrealized @ Report Date —

— MFA FINL INC 1.5%

Value $3.849M Shares 3,750,000 Share Price $1.03 Est. Cost/Share $1.03 Unrealized @ Report Date —

MTG MGIC INVT CORP WIS 1.2%

Value $3.019M Shares 240,000 Share Price $12.58 Est. Cost/Share $12.91 Unrealized @ Report Date -2.6%

— HUNT COS FIN TR INC 1.1%

Value $2.937M Shares 874,217 Share Price $3.36 Est. Cost/Share $3.41 Unrealized @ Report Date —

— BLACKROCK DEBT STRAT FD INC 0.8%

Value $2.115M Shares 196,750 Share Price $10.75 Est. Cost/Share $10.69 Unrealized @ Report Date —

NMIH NMI HLDGS INC 0.7%

Value $1.922M Shares 73,205 Share Price $26.26 Est. Cost/Share $27.34 Unrealized @ Report Date -3.9%

— EATON VANCE FLTING RATE INC 0.4%

Value $1.112M Shares 84,087 Share Price $13.22 Est. Cost/Share $13.41 Unrealized @ Report Date —

— SUTTER ROCK CAP CORP 0.4%

Value $955K Shares 153,000 Share Price $6.24 Est. Cost/Share $6.24 Unrealized @ Report Date —

ESNT ESSENT GROUP LTD 0.3%

Value $824K Shares 17,288 Share Price $47.66 * Est. Cost/Share $42.83 Unrealized @ Report Date -0.1%

— CBL & ASSOC PPTYS INC 0.0%

Value $32,000 Shares 24,770 Share Price $1.29 Est. Cost/Share $3.99 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	FS KKR CAPITAL CORP	18,338,927	$107M	41.0%	$5.83	$5.50	—	COM	302635107
—	SINCLAIR BROADCAST GROUP INC	745,499	$31.86M	12.2%	$42.74	$31.41	—	CL A	829226109
AIR	AAR CORP	507,486	$20.91M	8.0%	$41.21	$38.65	+5.9%	COM	000361105
MGM	MGM RESORTS INTERNATIONAL	567,852	$15.74M	6.0%	$27.72	$26.65	+2.7%	COM	552953101
NRG	NRG ENERGY INC	378,495	$14.99M	5.7%	$39.60 *	$25.06	+31.7%	COM NEW	629377508
—	MONEYGRAM INTL INC	2,945,371	$11.72M	4.5%	$3.98	$2.02	—	COM NEW	60935Y208
CMLS	CUMULUS MEDIA INC	705,000	$10.25M	3.9%	$14.54 *	$14.56	+3.2%	COM CLASS A	231082801
—	BLACKROCK FLOAT RATE OME STR	597,940	$7.546M	2.9%	$12.62	$12.52	—	COM	09255X100
MPC	MARATHON PETE CORP	119,332	$7.249M	2.8%	$60.75 *	$60.69	-17.7%	COM	56585A102
—	HIGHLAND INCOME FUND	512,355	$6.84M	2.6%	$13.35	$13.86	—	HIGHLAND INCOME	43010E404
—	EXTRACTION OIL AND GAS INC	2,033,397	$5.978M	2.3%	$2.94	$18.88	—	COM	30227M105
—	WESTERN ASSET MTG CAP CORP	4,000,000	$4.02M	1.5%	$1.00	$1.00	—	NOTE 6.750%10/0	95790DAA3
—	MFA FINL INC	3,750,000	$3.849M	1.5%	$1.03	$1.03	—	NOTE 6.250% 6/1	55272XAA0
MTG	MGIC INVT CORP WIS	240,000	$3.019M	1.2%	$12.58	$12.91	-2.6%	COM	552848103
—	HUNT COS FIN TR INC	874,217	$2.937M	1.1%	$3.36	$3.41	—	COM	44558T100
—	BLACKROCK DEBT STRAT FD INC	196,750	$2.115M	0.8%	$10.75	$10.69	—	COM NEW	09255R202
NMIH	NMI HLDGS INC	73,205	$1.922M	0.7%	$26.26	$27.34	-3.9%	CL A	629209305
—	EATON VANCE FLTING RATE INC	84,087	$1.112M	0.4%	$13.22	$13.41	—	COM	278279104
—	SUTTER ROCK CAP CORP	153,000	$955K	0.4%	$6.24	$6.24	—	COM	86944Q100
ESNT	ESSENT GROUP LTD	17,288	$824K	0.3%	$47.66 *	$42.83	-0.1%	COM	G3198U102
—	CBL & ASSOC PPTYS INC	24,770	$32,000	0.0%	$1.29	$3.99	—	COM	124830100