Beach Point Capital Management LP Diversified Active

CIK: 0001453885 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 3, 2020

Total Value ($000): $261,371 (90.2% shares, 9.8% debt)

Holdings (25)

HYG ISHARES TR 37.6%

Value ($000) $98,145 Shares 1,202,459 Est. Cost $81.62 Unrealized —

FSK FS KKR CAPITAL CORP 21.8%

Value ($000) $56,849 Shares 4,060,660 Est. Cost $6.35 Unrealized 0.0%

— WESTERN ASSET MTG CAP CORP 5.6%

Value ($000) $14,568 Shares 20,518,000 Est. Cost $0.60 Unrealized —

— BLACKSTONE MTG TR INC 4.7%

Value ($000) $12,188 Shares 13,000,000 Est. Cost $0.94 Unrealized —

— SINCLAIR BROADCAST GROUP INC 4.1%

Value ($000) $10,696 Shares 579,398 Est. Cost $31.41 Unrealized —

VEL VELOCITY FINL INC 2.9%

Value ($000) $7,453 Shares 1,886,746 Est. Cost $7.42 Unrealized -49.3%

— RESOURCE CAP CORP 2.6%

Value ($000) $6,680 Shares 8,877,000 Est. Cost $0.75 Unrealized —

— HIGHLAND INCOME FD 2.5%

Value ($000) $6,646 Shares 825,628 Est. Cost $13.19 Unrealized —

ESNT ESSENT GROUP LTD 2.4%

Value ($000) $6,326 Shares 174,415 Est. Cost $39.58 Unrealized -29.8%

AIR AAR CORP 2.4%

Value ($000) $6,162 Shares 298,135 Est. Cost $38.65 Unrealized -49.9%

MTG MGIC INVT CORP WIS 2.3%

Value ($000) $5,973 Shares 729,296 Est. Cost $12.34 Unrealized -39.4%

— FS KKR CAP CORP II 2.2%

Value ($000) $5,633 Shares 437,000 Est. Cost $12.89 Unrealized —

— MONEYGRAM INTL INC 2.1%

Value ($000) $5,369 Shares 1,672,636 Est. Cost $2.02 Unrealized —

RDN RADIAN GROUP INC 1.2%

Value ($000) $3,102 Shares 200,000 Est. Cost $20.00 Unrealized -38.1%

AGNC AGNC INVT CORP 1.1%

Value ($000) $2,838 Shares 220,000 Est. Cost $12.90 Unrealized —

— REDWOOD TR INC 0.9%

Value ($000) $2,227 Shares 2,600,000 Est. Cost $0.86 Unrealized —

— REDWOOD TR INC 0.7%

Value ($000) $1,703 Shares 1,906,000 Est. Cost $0.89 Unrealized —

CMLS CUMULUS MEDIA INC 0.6%

Value ($000) $1,531 Shares 387,620 Est. Cost $14.56 Unrealized -68.7%

— NEW YORK MTG TR INC 0.6%

Value ($000) $1,521 Shares 582,693 Est. Cost $2.61 Unrealized —

— SIX FLAGS ENTMT CORP NEW 0.6%

Value ($000) $1,477 Shares 76,900 Est. Cost $19.21 Unrealized —

MGM MGM RESORTS INTERNATIONAL 0.6%

Value ($000) $1,454 Shares 86,575 Est. Cost $16.13 Unrealized 0.0%

BYD BOYD GAMING CORP 0.5%

Value ($000) $1,431 Shares 68,470 Est. Cost $17.50 Unrealized 0.0%

— WESTERN ASSET MTG CAP CORP 0.4%

Value ($000) $1,061 Shares 387,183 Est. Cost $2.74 Unrealized —

— NEW YORK MTG TR INC 0.1%

Value ($000) $331 Shares 370,000 Est. Cost $0.89 Unrealized —

— CBL & ASSOC PPTYS INC 0.0%

Value ($000) $7 Shares 24,770 Est. Cost $3.99 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HYG	ISHARES TR	1,202,459	$98,145	37.6%	$81.62	—	IBOXX HI YD ETF	464288513
FSK	FS KKR CAPITAL CORP	4,060,660	$56,849	21.8%	$6.35	0.0%	COM	302635206
—	WESTERN ASSET MTG CAP CORP	20,518,000	$14,568	5.6%	$0.60	—	NOTE 6.750%10/0	95790DAA3
—	BLACKSTONE MTG TR INC	13,000,000	$12,188	4.7%	$0.94	—	NOTE 4.375% 5/0	09257WAB6
—	SINCLAIR BROADCAST GROUP INC	579,398	$10,696	4.1%	$31.41	—	CL A	829226109
VEL	VELOCITY FINL INC	1,886,746	$7,453	2.9%	$7.42	-49.3%	COM	92262D101
—	RESOURCE CAP CORP	8,877,000	$6,680	2.6%	$0.75	—	NOTE 4.500% 8/1	76120WAC8
—	HIGHLAND INCOME FD	825,628	$6,646	2.5%	$13.19	—	HIGHLAND INCOME	43010E404
ESNT	ESSENT GROUP LTD	174,415	$6,326	2.4%	$39.58	-29.8%	COM	G3198U102
AIR	AAR CORP	298,135	$6,162	2.4%	$38.65	-49.9%	COM	000361105
MTG	MGIC INVT CORP WIS	729,296	$5,973	2.3%	$12.34	-39.4%	COM	552848103
—	FS KKR CAP CORP II	437,000	$5,633	2.2%	$12.89	—	COM	35952V303
—	MONEYGRAM INTL INC	1,672,636	$5,369	2.1%	$2.02	—	COM NEW	60935Y208
RDN	RADIAN GROUP INC	200,000	$3,102	1.2%	$20.00	-38.1%	COM	750236101
AGNC	AGNC INVT CORP	220,000	$2,838	1.1%	$12.90	—	COM	00123Q104
—	REDWOOD TR INC	2,600,000	$2,227	0.9%	$0.86	—	NOTE 5.625% 7/1	758075AD7
—	REDWOOD TR INC	1,906,000	$1,703	0.7%	$0.89	—	NOTE 4.750% 8/1	758075AC9
CMLS	CUMULUS MEDIA INC	387,620	$1,531	0.6%	$14.56	-68.7%	COM CLASS A	231082801
—	NEW YORK MTG TR INC	582,693	$1,521	0.6%	$2.61	—	COM PAR $.02	649604501
—	SIX FLAGS ENTMT CORP NEW	76,900	$1,477	0.6%	$19.21	—	COM	83001A102
MGM	MGM RESORTS INTERNATIONAL	86,575	$1,454	0.6%	$16.13	0.0%	COM	552953101
BYD	BOYD GAMING CORP	68,470	$1,431	0.5%	$17.50	0.0%	COM	103304101
—	WESTERN ASSET MTG CAP CORP	387,183	$1,061	0.4%	$2.74	—	COM	95790D105
—	NEW YORK MTG TR INC	370,000	$331	0.1%	$0.89	—	NOTE 6.250% 1/1	649604AD7
—	CBL & ASSOC PPTYS INC	24,770	$7	0.0%	$3.99	—	COM	124830100