Beach Point Capital Management LP Diversified Active

CIK: 0001453885 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 2, 2022

Total Value ($000): $661,398 (86.7% shares, 13.3% debt)

Holdings (23)

— TERRAN ORBITAL CORPORATION 22.9%

Value ($000) $151,181 Shares 22,737,629 Est. Cost $6.65 Unrealized —

— FRONTIER COMMUNICATIONS PARE 20.1%

Value ($000) $132,804 Shares 4,799,571 Est. Cost $26.40 Unrealized —

FSK FS KKR CAP CORP 15.4%

Value ($000) $102,093 Shares 4,473,815 Est. Cost $9.43 Unrealized +31.8%

— MULTIPLAN CORPORATION 9.0%

Value ($000) $59,621 Shares 12,739,462 Est. Cost $4.51 Unrealized —

— 2U INC 5.5%

Value ($000) $36,424 Shares 43,362,000 Est. Cost $0.84 Unrealized —

VEL VELOCITY FINL INC 5.1%

Value ($000) $33,610 Shares 3,072,167 Est. Cost $8.55 Unrealized +44.1%

— DIEBOLD NIXDORF INC 5.0%

Value ($000) $33,010 Shares 4,904,863 Est. Cost $11.57 Unrealized —

— WESTERN ASSET MORTGAGE CAPIT 2.5%

Value ($000) $16,438 Shares 17,500,000 Est. Cost $1.00 Unrealized —

MITT AG MTG INVT TR INC 2.4%

Value ($000) $16,150 Shares 1,736,558 Est. Cost $10.58 Unrealized —

— MFA FINL INC 2.0%

Value ($000) $13,267 Shares 3,292,055 Est. Cost $4.06 Unrealized —

— PENNYMAC CORP 1.6%

Value ($000) $10,880 Shares 11,400,000 Est. Cost $0.95 Unrealized —

— TWO HARBORS INVENTMENT CORPO 1.3%

Value ($000) $8,864 Shares 8,965,000 Est. Cost $1.01 Unrealized —

— GREAT AJAX CORP 1.3%

Value ($000) $8,805 Shares 352,332 Est. Cost $25.99 Unrealized —

ACI ALBERTSONS COS INC 1.3%

Value ($000) $8,420 Shares 253,225 Est. Cost $21.12 Unrealized 0.0%

GPMT GRANITE PT MTG TR INC 0.8%

Value ($000) $5,361 Shares 482,066 Est. Cost $11.64 Unrealized —

RWT REDWOOD TR INC 0.7%

Value ($000) $4,607 Shares 437,500 Est. Cost $10.53 Unrealized —

— GREENLIGHT CAP RE LTD 0.7%

Value ($000) $4,320 Shares 4,580,000 Est. Cost $0.95 Unrealized —

— GREAT AJAX CORP 0.5%

Value ($000) $3,370 Shares 287,285 Est. Cost $13.12 Unrealized —

— WESTERN ASSET MTG CAP CORP 0.5%

Value ($000) $3,004 Shares 1,756,783 Est. Cost $1.97 Unrealized —

CMLS CUMULUS MEDIA INC 0.4%

Value ($000) $2,974 Shares 298,883 Est. Cost $13.89 Unrealized -23.5%

— LISTED FD TR 0.4%

Value ($000) $2,483 Shares 100,000 Est. Cost $24.96 Unrealized —

— INNOVATE CORP 0.4%

Value ($000) $2,350 Shares 2,055,000 Est. Cost $1.15 Unrealized —

PNNT PENNANTPARK INVT CORP 0.2%

Value ($000) $1,362 Shares 175,000 Est. Cost $4.38 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	TERRAN ORBITAL CORPORATION	22,737,629	$151,181	22.9%	$6.65	—	COM	88105P103
—	FRONTIER COMMUNICATIONS PARE	4,799,571	$132,804	20.1%	$26.40	—	COM	35909D109
FSK	FS KKR CAP CORP	4,473,815	$102,093	15.4%	$9.43	+31.8%	COM	302635206
—	MULTIPLAN CORPORATION	12,739,462	$59,621	9.0%	$4.51	—	COM	62548M100
—	2U INC	43,362,000	$36,424	5.5%	$0.84	—	NOTE 2.250% 5/0	90214JAB7
VEL	VELOCITY FINL INC	3,072,167	$33,610	5.1%	$8.55	+44.1%	COM	92262D101
—	DIEBOLD NIXDORF INC	4,904,863	$33,010	5.0%	$11.57	—	COM STK	253651103
—	WESTERN ASSET MORTGAGE CAPIT	17,500,000	$16,438	2.5%	$1.00	—	NOTE 6.750% 9/1	95790DAD7
MITT	AG MTG INVT TR INC	1,736,558	$16,150	2.4%	$10.58	—	COM NEW	001228501
—	MFA FINL INC	3,292,055	$13,267	2.0%	$4.06	—	COM	55272X102
—	PENNYMAC CORP	11,400,000	$10,880	1.6%	$0.95	—	NOTE 5.500% 3/1	70932AAF0
—	TWO HARBORS INVENTMENT CORPO	8,965,000	$8,864	1.3%	$1.01	—	NOTE 6.250% 1/1	90187BAB7
—	GREAT AJAX CORP	352,332	$8,805	1.3%	$25.99	—	7.25 CV SR NT 24	38983D409
ACI	ALBERTSONS COS INC	253,225	$8,420	1.3%	$21.12	0.0%	COMMON STOCK	013091103
GPMT	GRANITE PT MTG TR INC	482,066	$5,361	0.8%	$11.64	—	COM STK	38741L107
RWT	REDWOOD TR INC	437,500	$4,607	0.7%	$10.53	—	COM	758075402
—	GREENLIGHT CAP RE LTD	4,580,000	$4,320	0.7%	$0.95	—	NOTE 4.000% 8/0	395366AB3
—	GREAT AJAX CORP	287,285	$3,370	0.5%	$13.12	—	COM	38983D300
—	WESTERN ASSET MTG CAP CORP	1,756,783	$3,004	0.5%	$1.97	—	COM	95790D105
CMLS	CUMULUS MEDIA INC	298,883	$2,974	0.4%	$13.89	-23.5%	COM CL A	231082801
—	LISTED FD TR	100,000	$2,483	0.4%	$24.96	—	AAF FRST PRIORTY	53656F656
—	INNOVATE CORP	2,055,000	$2,350	0.4%	$1.15	—	NOTE 7.500% 8/0	404139AG2
PNNT	PENNANTPARK INVT CORP	175,000	$1,362	0.2%	$4.38	0.0%	COM	708062104