Beach Point Capital Management LP Diversified Active

CIK: 0001453885 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Jan 27, 2022

Total Value ($000): $622,869 (94.2% shares, 5.8% debt)

Holdings (36)

— FRONTIER COMMUNICATIONS PARE 30.7%

Value ($000) $191,532 Shares 6,494,818 Est. Cost $26.40 Unrealized —

FSK FS KKR CAP CORP 20.4%

Value ($000) $126,909 Shares 6,060,592 Est. Cost $9.43 Unrealized +24.7%

— DIEBOLD NIXDORF INC 7.2%

Value ($000) $44,618 Shares 4,930,177 Est. Cost $11.57 Unrealized —

VYX NCR CORP NEW 6.7%

Value ($000) $41,763 Shares 1,038,875 Est. Cost $20.15 Unrealized +25.9%

VEL VELOCITY FINL INC 6.4%

Value ($000) $39,776 Shares 2,903,376 Est. Cost $8.33 Unrealized +54.8%

— MULTIPLAN CORPORATION 6.0%

Value ($000) $37,664 Shares 8,502,096 Est. Cost $4.43 Unrealized —

— MONEYGRAM INTL INC 3.2%

Value ($000) $19,653 Shares 2,490,916 Est. Cost $7.11 Unrealized —

— WESTERN ASSET MORTGAGE CAPIT 2.9%

Value ($000) $17,897 Shares 18,500,000 Est. Cost $1.00 Unrealized —

MITT AG MTG INVT TR INC 2.3%

Value ($000) $14,223 Shares 1,387,609 Est. Cost $10.91 Unrealized —

— MFA FINL INC 2.0%

Value ($000) $12,276 Shares 2,692,055 Est. Cost $4.06 Unrealized —

RDN RADIAN GROUP INC 1.8%

Value ($000) $11,463 Shares 542,500 Est. Cost $19.86 Unrealized -2.8%

— TWO HARBORS INVENTMENT CORPO 1.5%

Value ($000) $9,032 Shares 8,965,000 Est. Cost $1.01 Unrealized —

— GREAT AJAX CORP 1.4%

Value ($000) $9,010 Shares 346,403 Est. Cost $26.01 Unrealized —

MTG MGIC INVT CORP WIS 1.3%

Value ($000) $7,841 Shares 543,740 Est. Cost $12.34 Unrealized +22.8%

GPMT GRANITE PT MTG TR INC 0.8%

Value ($000) $4,942 Shares 422,066 Est. Cost $11.71 Unrealized —

— GREENLIGHT CAP RE LTD 0.7%

Value ($000) $4,474 Shares 4,700,000 Est. Cost $0.95 Unrealized —

— ARMOUR RESIDENTIAL REIT INC 0.6%

Value ($000) $3,891 Shares 396,594 Est. Cost $10.21 Unrealized —

— GREAT AJAX CORP 0.6%

Value ($000) $3,674 Shares 279,150 Est. Cost $13.16 Unrealized —

CMLS CUMULUS MEDIA INC 0.5%

Value ($000) $3,379 Shares 300,318 Est. Cost $13.89 Unrealized -11.4%

— LISTED FD TR 0.4%

Value ($000) $2,502 Shares 100,000 Est. Cost $24.96 Unrealized —

— WESTERN ASSET MTG CAP CORP 0.4%

Value ($000) $2,392 Shares 1,133,837 Est. Cost $2.11 Unrealized —

— INNOVATE CORP 0.4%

Value ($000) $2,248 Shares 2,055,000 Est. Cost $1.15 Unrealized —

— READY CAPITAL CORP 0.3%

Value ($000) $2,047 Shares 76,120 Est. Cost $26.89 Unrealized —

STWD STARWOOD PPTY TR INC 0.3%

Value ($000) $1,823 Shares 75,000 Est. Cost $24.31 Unrealized —

TRTX TPG RE FIN TR INC 0.3%

Value ($000) $1,744 Shares 141,572 Est. Cost $12.33 Unrealized —

— TLG ACQUISITION ONE CORP 0.2%

Value ($000) $990 Shares 100,000 Est. Cost $9.92 Unrealized —

— CROWN PROPTECH ACQUISITIONS 0.1%

Value ($000) $812 Shares 80,319 Est. Cost $9.94 Unrealized —

— EJF ACQUISITION CORP 0.1%

Value ($000) $811 Shares 78,901 Est. Cost $9.95 Unrealized —

— GLOBAL PARTNER ACQISTN CORP 0.1%

Value ($000) $806 Shares 81,868 Est. Cost $9.89 Unrealized —

— FINTECH EVOLUTION ACQUIS GRO 0.1%

Value ($000) $576 Shares 58,438 Est. Cost $9.87 Unrealized —

— STRATIM CLOUD ACQUISITION CO 0.1%

Value ($000) $491 Shares 49,637 Est. Cost $10.00 Unrealized —

— NEW YORK MTG TR INC 0.1%

Value ($000) $421 Shares 113,230 Est. Cost $4.47 Unrealized —

— NOBLE ROCK ACQUISITION CORP 0.1%

Value ($000) $421 Shares 42,812 Est. Cost $9.90 Unrealized —

— SCIENCE STRATEGIC ACQ ALPHA 0.0%

Value ($000) $299 Shares 30,312 Est. Cost $9.94 Unrealized —

— PROPERTY SOLUTIONS ACQUISITI 0.0%

Value ($000) $247 Shares 25,000 Est. Cost $9.84 Unrealized —

— MASON INDUSTRIAL TECHNOLGY I 0.0%

Value ($000) $222 Shares 22,410 Est. Cost $9.93 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	FRONTIER COMMUNICATIONS PARE	6,494,818	$191,532	30.7%	$26.40	—	COM	35909D109
FSK	FS KKR CAP CORP	6,060,592	$126,909	20.4%	$9.43	+24.7%	COM	302635206
—	DIEBOLD NIXDORF INC	4,930,177	$44,618	7.2%	$11.57	—	COM STK	253651103
VYX	NCR CORP NEW	1,038,875	$41,763	6.7%	$20.15	+25.9%	COM	62886E108
VEL	VELOCITY FINL INC	2,903,376	$39,776	6.4%	$8.33	+54.8%	COM	92262D101
—	MULTIPLAN CORPORATION	8,502,096	$37,664	6.0%	$4.43	—	COM	62548M100
—	MONEYGRAM INTL INC	2,490,916	$19,653	3.2%	$7.11	—	COM NEW	60935Y208
—	WESTERN ASSET MORTGAGE CAPIT	18,500,000	$17,897	2.9%	$1.00	—	NOTE 6.750% 9/1	95790DAD7
MITT	AG MTG INVT TR INC	1,387,609	$14,223	2.3%	$10.91	—	COM NEW	001228501
—	MFA FINL INC	2,692,055	$12,276	2.0%	$4.06	—	COM	55272X102
RDN	RADIAN GROUP INC	542,500	$11,463	1.8%	$19.86	-2.8%	COM	750236101
—	TWO HARBORS INVENTMENT CORPO	8,965,000	$9,032	1.5%	$1.01	—	NOTE 6.250% 1/1	90187BAB7
—	GREAT AJAX CORP	346,403	$9,010	1.4%	$26.01	—	7.25 CV SR NT 24	38983D409
MTG	MGIC INVT CORP WIS	543,740	$7,841	1.3%	$12.34	+22.8%	COM	552848103
GPMT	GRANITE PT MTG TR INC	422,066	$4,942	0.8%	$11.71	—	COM STK	38741L107
—	GREENLIGHT CAP RE LTD	4,700,000	$4,474	0.7%	$0.95	—	NOTE 4.000% 8/0	395366AB3
—	ARMOUR RESIDENTIAL REIT INC	396,594	$3,891	0.6%	$10.21	—	COM NEW	042315507
—	GREAT AJAX CORP	279,150	$3,674	0.6%	$13.16	—	COM	38983D300
CMLS	CUMULUS MEDIA INC	300,318	$3,379	0.5%	$13.89	-11.4%	COM CL A	231082801
—	LISTED FD TR	100,000	$2,502	0.4%	$24.96	—	AAF FRST PRIORTY	53656F656
—	WESTERN ASSET MTG CAP CORP	1,133,837	$2,392	0.4%	$2.11	—	COM	95790D105
—	INNOVATE CORP	2,055,000	$2,248	0.4%	$1.15	—	NOTE 7.500% 8/0	404139AG2
—	READY CAPITAL CORP	76,120	$2,047	0.3%	$26.89	—	7% CN SR NT 2023	75574U200
STWD	STARWOOD PPTY TR INC	75,000	$1,823	0.3%	$24.31	—	COM	85571B105
TRTX	TPG RE FIN TR INC	141,572	$1,744	0.3%	$12.33	—	COM	87266M107
—	TLG ACQUISITION ONE CORP	100,000	$990	0.2%	$9.92	—	UNIT 99/99/9999	87257M207
—	CROWN PROPTECH ACQUISITIONS	80,319	$812	0.1%	$9.94	—	UNIT 99/99/9999	G25741128
—	EJF ACQUISITION CORP	78,901	$811	0.1%	$9.95	—	UNIT 03/10/2026	G2955B117
—	GLOBAL PARTNER ACQISTN CORP	81,868	$806	0.1%	$9.89	—	UNIT 01/06/2026	G3934P110
—	FINTECH EVOLUTION ACQUIS GRO	58,438	$576	0.1%	$9.87	—	UNIT 99/99/9999	G3R19A112
—	STRATIM CLOUD ACQUISITION CO	49,637	$491	0.1%	$10.00	—	UNIT 03/05/2026	86309R206
—	NEW YORK MTG TR INC	113,230	$421	0.1%	$4.47	—	COM PAR $.02	649604501
—	NOBLE ROCK ACQUISITION CORP	42,812	$421	0.1%	$9.90	—	UNIT 01/31/2028	G6546R127
—	SCIENCE STRATEGIC ACQ ALPHA	30,312	$299	0.0%	$9.94	—	UNIT 01/20/2026	808641203
—	PROPERTY SOLUTIONS ACQUISITI	25,000	$247	0.0%	$9.84	—	UNIT 03/01/2026	74350A207
—	MASON INDUSTRIAL TECHNOLGY I	22,410	$222	0.0%	$9.93	—	UNIT 99/99/9999	57520Y205