Callodine Capital Management, LP Diversified Active

Location: Boston, MA

CIK: 0001741675 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 13, 2020

Total Value: $204M (100.0% shares, 0.0% debt)

Holdings (37)

RDN RADIAN GROUP INC 10.8%

Value $22.1M Shares 1,425,000 Est. Cost $17.55 Unrealized -29.4%

MO ALTRIA GROUP INC 10.4%

Value $21.29M Shares 542,500 Est. Cost $27.94 Unrealized -10.7%

— MYLAN NV 6.3%

Value $12.86M Shares 800,000 Est. Cost $14.98 Unrealized —

CMCSA COMCAST CORP NEW 6.1%

Value $12.47M Shares 320,000 Est. Cost $33.06 Unrealized -0.9%

VZ VERIZON COMMUNICATIONS INC 6.1%

Value $12.4M Shares 225,000 Est. Cost $39.43 Unrealized +3.4%

— ALEXION PHARMACEUTICALS INC 5.6%

Value $11.35M Shares 101,100 Est. Cost $100.63 Unrealized —

BMY BRISTOL-MYERS SQUIBB CO 5.5%

Value $11.17M Shares 190,000 Est. Cost $40.06 Unrealized +19.6%

TSLX SIXTH STREET SPECIALTY LENDN 4.6%

Value $9.317M Shares 565,000 Est. Cost $16.62 Unrealized 0.0%

KKR KKR & CO INC 4.2%

Value $8.578M Shares 277,797 Est. Cost $23.22 Unrealized +9.7%

NEM NEWMONT CORP 3.8%

Value $7.718M Shares 125,000 Est. Cost $49.87 Unrealized 0.0%

WFC WELLS FARGO CO NEW 3.6%

Value $7.296M Shares 285,000 Est. Cost $23.98 Unrealized 0.0%

FE FIRSTENERGY CORP 3.3%

Value $6.787M Shares 175,000 Est. Cost $32.60 Unrealized 0.0%

FCPT FOUR CORNERS PPTY TR INC 3.0%

Value $6.1M Shares 250,000 Est. Cost $24.40 Unrealized —

— FIAT CHRYSLER AUTOMOBILES N 2.6%

Value $5.376M Shares 525,000 Est. Cost $14.32 Unrealized —

TMUS T-MOBILE US INC 2.6%

Value $5.208M Shares 50,000 Est. Cost $81.74 Unrealized +13.3%

DXC DXC TECHNOLOGY CO 2.5%

Value $5.075M Shares 307,590 Est. Cost $38.43 Unrealized -58.6%

EAT BRINKER INTL INC 2.3%

Value $4.68M Shares 195,000 Est. Cost $21.46 Unrealized 0.0%

ACRE ARES COML REAL ESTATE CORP 2.2%

Value $4.56M Shares 500,000 Est. Cost $6.99 Unrealized —

CGBD TCG BDC INC 1.7%

Value $3.372M Shares 393,485 Est. Cost $3.89 Unrealized 0.0%

FSK FS KKR CAPITAL CORP 1.6%

Value $3.25M Shares 232,129 Est. Cost $6.35 Unrealized 0.0%

— STERICYCLE INC 1.5%

Value $3.079M Shares 55,000 Est. Cost $52.13 Unrealized —

TAP MOLSON COORS BEVERAGE CO 1.4%

Value $2.921M Shares 85,000 Est. Cost $45.16 Unrealized -23.1%

VIRT VIRTU FINL INC 1.3%

Value $2.714M Shares 115,000 Est. Cost $22.30 Unrealized +4.8%

— PORTMAN RIDGE FIN CORP 1.1%

Value $2.249M Shares 2,044,231 Est. Cost $2.20 Unrealized —

VVV VALVOLINE INC 0.9%

Value $1.933M Shares 100,000 Est. Cost $16.97 Unrealized 0.0%

SAR SARATOGA INVT CORP 0.9%

Value $1.768M Shares 111,886 Est. Cost $14.75 Unrealized 0.0%

ET ENERGY TRANSFER LP 0.6%

Value $1.317M Shares 185,000 Est. Cost $12.76 Unrealized —

OPITQ OFFICE PPTYS INCOME TR 0.6%

Value $1.299M Shares 50,000 Est. Cost $28.29 Unrealized —

KREF KKR REAL ESTATE FIN TR INC 0.6%

Value $1.244M Shares 75,000 Est. Cost $18.62 Unrealized —

ACTG ACACIA RESH CORP 0.6%

Value $1.227M Shares 300,000 Est. Cost $2.81 Unrealized +3.0%

USFD US FOODS HLDG CORP 0.5%

Value $986K Shares 50,000 Est. Cost $33.49 Unrealized -42.9%

PNNT PENNANTPARK INVT CORP 0.4%

Value $722K Shares 205,771 Est. Cost $1.63 Unrealized 0.0%

BBDC BARINGS BDC INC 0.3%

Value $588K Shares 74,112 Est. Cost $4.04 Unrealized 0.0%

— FS KKR CAP CORP II 0.2%

Value $387K Shares 30,000 Est. Cost $12.90 Unrealized —

OBDC OWL ROCK CAPITAL CORPORATION 0.2%

Value $308K Shares 25,000 Est. Cost $6.60 Unrealized 0.0%

SLRC SOLAR CAP LTD 0.1%

Value $240K Shares 15,000 Est. Cost $8.59 Unrealized 0.0%

— T-MOBILE US INC 0.0%

Value $8,000 Shares 50,000 Est. Cost $0.16 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
RDN	RADIAN GROUP INC	1,425,000	$22.1M	10.8%	$17.55	-29.4%	COM	750236101
MO	ALTRIA GROUP INC	542,500	$21.29M	10.4%	$27.94	-10.7%	COM	02209S103
—	MYLAN NV	800,000	$12.86M	6.3%	$14.98	—	SHS EURO	N59465109
CMCSA	COMCAST CORP NEW	320,000	$12.47M	6.1%	$33.06	-0.9%	CL A	20030N101
VZ	VERIZON COMMUNICATIONS INC	225,000	$12.4M	6.1%	$39.43	+3.4%	COM	92343V104
—	ALEXION PHARMACEUTICALS INC	101,100	$11.35M	5.6%	$100.63	—	COM	015351109
BMY	BRISTOL-MYERS SQUIBB CO	190,000	$11.17M	5.5%	$40.06	+19.6%	COM	110122108
TSLX	SIXTH STREET SPECIALTY LENDN	565,000	$9.317M	4.6%	$16.62	0.0%	COM	83012A109
KKR	KKR & CO INC	277,797	$8.578M	4.2%	$23.22	+9.7%	COM	48251W104
NEM	NEWMONT CORP	125,000	$7.718M	3.8%	$49.87	0.0%	COM	651639106
WFC	WELLS FARGO CO NEW	285,000	$7.296M	3.6%	$23.98	0.0%	COM	949746101
FE	FIRSTENERGY CORP	175,000	$6.787M	3.3%	$32.60	0.0%	COM	337932107
FCPT	FOUR CORNERS PPTY TR INC	250,000	$6.1M	3.0%	$24.40	—	COM	35086T109
—	FIAT CHRYSLER AUTOMOBILES N	525,000	$5.376M	2.6%	$14.32	—	SHS	N31738102
TMUS	T-MOBILE US INC	50,000	$5.208M	2.6%	$81.74	+13.3%	COM	872590104
DXC	DXC TECHNOLOGY CO	307,590	$5.075M	2.5%	$38.43	-58.6%	COM	23355L106
EAT	BRINKER INTL INC	195,000	$4.68M	2.3%	$21.46	0.0%	COM	109641100
ACRE	ARES COML REAL ESTATE CORP	500,000	$4.56M	2.2%	$6.99	—	COM	04013V108
CGBD	TCG BDC INC	393,485	$3.372M	1.7%	$3.89	0.0%	COM	872280102
FSK	FS KKR CAPITAL CORP	232,129	$3.25M	1.6%	$6.35	0.0%	COM	302635206
—	STERICYCLE INC	55,000	$3.079M	1.5%	$52.13	—	COM	858912108
TAP	MOLSON COORS BEVERAGE CO	85,000	$2.921M	1.4%	$45.16	-23.1%	CL B	60871R209
VIRT	VIRTU FINL INC	115,000	$2.714M	1.3%	$22.30	+4.8%	CL A	928254101
—	PORTMAN RIDGE FIN CORP	2,044,231	$2.249M	1.1%	$2.20	—	COM	73688F102
VVV	VALVOLINE INC	100,000	$1.933M	0.9%	$16.97	0.0%	COM	92047W101
SAR	SARATOGA INVT CORP	111,886	$1.768M	0.9%	$14.75	0.0%	COM NEW	80349A208
ET	ENERGY TRANSFER LP	185,000	$1.317M	0.6%	$12.76	—	COM UT LTD PTN	29273V100
OPITQ	OFFICE PPTYS INCOME TR	50,000	$1.299M	0.6%	$28.29	—	COM SHS BEN INT	67623C109
KREF	KKR REAL ESTATE FIN TR INC	75,000	$1.244M	0.6%	$18.62	—	COM	48251K100
ACTG	ACACIA RESH CORP	300,000	$1.227M	0.6%	$2.81	+3.0%	ACACIA TCH COM	003881307
USFD	US FOODS HLDG CORP	50,000	$986K	0.5%	$33.49	-42.9%	COM	912008109
PNNT	PENNANTPARK INVT CORP	205,771	$722K	0.4%	$1.63	0.0%	COM	708062104
BBDC	BARINGS BDC INC	74,112	$588K	0.3%	$4.04	0.0%	COM	06759L103
—	FS KKR CAP CORP II	30,000	$387K	0.2%	$12.90	—	COM	35952V303
OBDC	OWL ROCK CAPITAL CORPORATION	25,000	$308K	0.2%	$6.60	0.0%	COM	69121K104
SLRC	SOLAR CAP LTD	15,000	$240K	0.1%	$8.59	0.0%	COM	83413U100
—	T-MOBILE US INC	50,000	$8,000	0.0%	$0.16	—	RIGHT 07/27/2020	872590112