Beach Point Capital Management LP Diversified Active

Name: Beach Point Capital Management LP Q3 2020 13F Filing | 13F Explorer
Creator: Beach Point Capital Management LP
Published: 2020-10-27

Location: Santa Monica, CA

CIK: 0001453885 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Oct 27, 2020

Total Value: $227M (99.4% shares, 0.6% debt)

Holdings (22)

FSK FS KKR CAPITAL CORP 30.0%

Value $67.98M Shares 4,286,242 Share Price $15.86 * Est. Cost/Share $6.40 Unrealized @ Report Date +19.5%

JNK SPDR SER TR 13.6%

Value $30.71M Shares 294,519 Share Price $104.27 Est. Cost/Share $104.53 Unrealized @ Report Date -0.3%

HYG ISHARES TR 9.4%

Value $21.39M Shares 254,957 Share Price $83.90 Est. Cost/Share $80.59 Unrealized @ Report Date +4.1%

FE FIRSTENERGY CORP 6.0%

Value $13.69M Shares 476,812 Share Price $28.71 * Est. Cost/Share $25.02 Unrealized @ Report Date -7.9%

— SINCLAIR BROADCAST GROUP INC 5.4%

Value $12.13M Shares 630,968 Share Price $19.23 Est. Cost/Share $30.41 Unrealized @ Report Date —

— DIEBOLD NXDF INC 5.1%

Value $11.67M Shares 1,527,145 Share Price $7.64 Est. Cost/Share $7.64 Unrealized @ Report Date —

VYX NCR CORP NEW 4.9%

Value $11.08M Shares 500,397 Share Price $22.14 * Est. Cost/Share $11.88 Unrealized @ Report Date +14.3%

VEL VELOCITY FINL INC 4.4%

Value $10.01M Shares 1,994,371 Share Price $5.02 Est. Cost/Share $7.26 Unrealized @ Report Date -30.8%

— HIGHLAND INCOME FD 3.4%

Value $7.717M Shares 898,352 Share Price $8.59 Est. Cost/Share $12.81 Unrealized @ Report Date —

MTG MGIC INVT CORP WIS 2.9%

Value $6.462M Shares 729,296 Share Price $8.86 Est. Cost/Share $12.34 Unrealized @ Report Date -28.2%

ESNT ESSENT GROUP LTD 2.8%

Value $6.455M Shares 174,415 Share Price $37.01 * Est. Cost/Share $39.58 Unrealized @ Report Date -14.7%

AIR AAR CORP 2.4%

Value $5.42M Shares 288,312 Share Price $18.80 Est. Cost/Share $38.65 Unrealized @ Report Date -51.4%

— MONEYGRAM INTL INC 2.0%

Value $4.611M Shares 1,632,081 Share Price $2.83 Est. Cost/Share $2.02 Unrealized @ Report Date —

— FS KKR CAP CORP II 1.5%

Value $3.454M Shares 234,800 Share Price $14.71 Est. Cost/Share $12.89 Unrealized @ Report Date —

RDN RADIAN GROUP INC 1.3%

Value $2.922M Shares 200,000 Share Price $14.61 * Est. Cost/Share $20.00 Unrealized @ Report Date -38.1%

— LISTED FD TR 1.1%

Value $2.496M Shares 100,000 Share Price $24.96 Est. Cost/Share $24.96 Unrealized @ Report Date —

— SIX FLAGS ENTMT CORP NEW 1.1%

Value $2.451M Shares 120,735 Share Price $20.30 Est. Cost/Share $19.60 Unrealized @ Report Date —

CMLS CUMULUS MEDIA INC 0.9%

Value $2.014M Shares 375,063 Share Price $5.37 * Est. Cost/Share $14.56 Unrealized @ Report Date -67.8%

MGM MGM RESORTS INTERNATIONAL 0.8%

Value $1.883M Shares 86,575 Share Price $21.75 Est. Cost/Share $16.13 Unrealized @ Report Date +34.7%

— REDWOOD TR INC 0.6%

Value $1.464M Shares 1,600,000 Share Price $0.92 Est. Cost/Share $0.86 Unrealized @ Report Date —

— MFA FINL INC 0.2%

Value $536K Shares 200,000 Share Price $2.68 Est. Cost/Share $2.68 Unrealized @ Report Date —

— CBL & ASSOC PPTYS INC 0.0%

Value $4,000 Shares 24,770 Share Price $0.16 Est. Cost/Share $3.99 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FSK	FS KKR CAPITAL CORP	4,286,242	$67.98M	30.0%	$15.86 *	$6.40	+19.5%	COM	302635206
JNK	SPDR SER TR	294,519	$30.71M	13.6%	$104.27	$104.53	-0.3%	BLOOMBERG BRCLYS	78468R622
HYG	ISHARES TR	254,957	$21.39M	9.4%	$83.90	$80.59	+4.1%	IBOXX HI YD ETF	464288513
FE	FIRSTENERGY CORP	476,812	$13.69M	6.0%	$28.71 *	$25.02	-7.9%	COM	337932107
—	SINCLAIR BROADCAST GROUP INC	630,968	$12.13M	5.4%	$19.23	$30.41	—	CL A	829226109
—	DIEBOLD NXDF INC	1,527,145	$11.67M	5.1%	$7.64	$7.64	—	COM	253651103
VYX	NCR CORP NEW	500,397	$11.08M	4.9%	$22.14 *	$11.88	+14.3%	COM	62886E108
VEL	VELOCITY FINL INC	1,994,371	$10.01M	4.4%	$5.02	$7.26	-30.8%	COM	92262D101
—	HIGHLAND INCOME FD	898,352	$7.717M	3.4%	$8.59	$12.81	—	HIGHLAND INCOME	43010E404
MTG	MGIC INVT CORP WIS	729,296	$6.462M	2.9%	$8.86	$12.34	-28.2%	COM	552848103
ESNT	ESSENT GROUP LTD	174,415	$6.455M	2.8%	$37.01 *	$39.58	-14.7%	COM	G3198U102
AIR	AAR CORP	288,312	$5.42M	2.4%	$18.80	$38.65	-51.4%	COM	000361105
—	MONEYGRAM INTL INC	1,632,081	$4.611M	2.0%	$2.83	$2.02	—	COM NEW	60935Y208
—	FS KKR CAP CORP II	234,800	$3.454M	1.5%	$14.71	$12.89	—	COM	35952V303
RDN	RADIAN GROUP INC	200,000	$2.922M	1.3%	$14.61 *	$20.00	-38.1%	COM	750236101
—	LISTED FD TR	100,000	$2.496M	1.1%	$24.96	$24.96	—	AAF FRST PRIORTY	53656F656
—	SIX FLAGS ENTMT CORP NEW	120,735	$2.451M	1.1%	$20.30	$19.60	—	COM	83001A102
CMLS	CUMULUS MEDIA INC	375,063	$2.014M	0.9%	$5.37 *	$14.56	-67.8%	COM CL A	231082801
MGM	MGM RESORTS INTERNATIONAL	86,575	$1.883M	0.8%	$21.75	$16.13	+34.7%	COM	552953101
—	REDWOOD TR INC	1,600,000	$1.464M	0.6%	$0.92	$0.86	—	NOTE 5.625% 7/1	758075AD7
—	MFA FINL INC	200,000	$536K	0.2%	$2.68	$2.68	—	COM	55272X102
—	CBL & ASSOC PPTYS INC	24,770	$4,000	0.0%	$0.16	$3.99	—	COM	124830100