Beach Point Capital Management LP Diversified Active

CIK: 0001453885 · Show all filings

Period: Q2 2022 (← Previous) (Next →)

Filing Date: Jul 20, 2022

Total Value ($000): $482,462 (84.3% shares, 15.7% debt)

Holdings (24)

— FRONTIER COMMUNICATIONS PARE 21.1%

Value ($000) $101,625 Shares 4,317,117 Est. Cost $26.40 Unrealized —

— TERRAN ORBITAL CORPORATION 20.4%

Value ($000) $98,341 Shares 22,294,742 Est. Cost $6.65 Unrealized —

— MULTIPLAN CORPORATION 10.7%

Value ($000) $51,444 Shares 9,370,512 Est. Cost $4.51 Unrealized —

FSK FS KKR CAP CORP 10.4%

Value ($000) $50,080 Shares 2,578,772 Est. Cost $9.43 Unrealized +29.7%

VEL VELOCITY FINL INC 7.5%

Value ($000) $36,014 Shares 3,277,012 Est. Cost $8.68 Unrealized +22.4%

— 2U INC 4.1%

Value ($000) $19,799 Shares 23,362,000 Est. Cost $0.84 Unrealized —

— WESTERN ASSET MORTGAGE CAPIT 3.7%

Value ($000) $17,863 Shares 21,700,000 Est. Cost $0.97 Unrealized —

MITT AG MTG INVT TR INC 3.2%

Value ($000) $15,421 Shares 2,284,567 Est. Cost $9.66 Unrealized —

MFA MFA FINL INC 2.6%

Value ($000) $12,462 Shares 1,159,275 Est. Cost $10.75 Unrealized —

— PENNYMAC CORP 2.1%

Value ($000) $9,933 Shares 11,400,000 Est. Cost $0.95 Unrealized —

— DIEBOLD NIXDORF INC 1.9%

Value ($000) $9,005 Shares 3,966,946 Est. Cost $11.57 Unrealized —

— TWO HARBORS INVENTMENT CORPO 1.7%

Value ($000) $8,008 Shares 8,965,000 Est. Cost $1.01 Unrealized —

— GREAT AJAX CORP 1.6%

Value ($000) $7,947 Shares 324,093 Est. Cost $25.99 Unrealized —

— RWT HLDGS INC 1.4%

Value ($000) $6,670 Shares 7,542,000 Est. Cost $0.88 Unrealized —

ACI ALBERTSONS COS INC 1.4%

Value ($000) $6,596 Shares 246,839 Est. Cost $21.12 Unrealized -1.2%

CMLS CUMULUS MEDIA INC 1.1%

Value ($000) $5,311 Shares 687,098 Est. Cost $12.67 Unrealized -7.4%

— WESTERN ASSET MTG CAP CORP 1.0%

Value ($000) $5,045 Shares 4,169,620 Est. Cost $1.53 Unrealized —

GPMT GRANITE PT MTG TR INC 1.0%

Value ($000) $4,613 Shares 482,066 Est. Cost $11.64 Unrealized —

— GREENLIGHT CAP RE LTD 0.8%

Value ($000) $3,963 Shares 4,325,000 Est. Cost $0.95 Unrealized —

RWT REDWOOD TR INC 0.8%

Value ($000) $3,866 Shares 501,400 Est. Cost $10.17 Unrealized —

— GREAT AJAX CORP 0.7%

Value ($000) $3,206 Shares 334,280 Est. Cost $12.62 Unrealized —

— LISTED FD TR 0.5%

Value ($000) $2,430 Shares 100,000 Est. Cost $24.96 Unrealized —

— INNOVATE CORP 0.4%

Value ($000) $1,738 Shares 2,055,000 Est. Cost $1.15 Unrealized —

PNNT PENNANTPARK INVT CORP 0.2%

Value ($000) $1,082 Shares 175,000 Est. Cost $4.38 Unrealized -1.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	FRONTIER COMMUNICATIONS PARE	4,317,117	$101,625	21.1%	$26.40	—	COM	35909D109
—	TERRAN ORBITAL CORPORATION	22,294,742	$98,341	20.4%	$6.65	—	COM	88105P103
—	MULTIPLAN CORPORATION	9,370,512	$51,444	10.7%	$4.51	—	COM	62548M100
FSK	FS KKR CAP CORP	2,578,772	$50,080	10.4%	$9.43	+29.7%	COM	302635206
VEL	VELOCITY FINL INC	3,277,012	$36,014	7.5%	$8.68	+22.4%	COM	92262D101
—	2U INC	23,362,000	$19,799	4.1%	$0.84	—	NOTE 2.250% 5/0	90214JAB7
—	WESTERN ASSET MORTGAGE CAPIT	21,700,000	$17,863	3.7%	$0.97	—	NOTE 6.750% 9/1	95790DAD7
MITT	AG MTG INVT TR INC	2,284,567	$15,421	3.2%	$9.66	—	COM NEW	001228501
MFA	MFA FINL INC	1,159,275	$12,462	2.6%	$10.75	—	COM	55272X607
—	PENNYMAC CORP	11,400,000	$9,933	2.1%	$0.95	—	NOTE 5.500% 3/1	70932AAF0
—	DIEBOLD NIXDORF INC	3,966,946	$9,005	1.9%	$11.57	—	COM STK	253651103
—	TWO HARBORS INVENTMENT CORPO	8,965,000	$8,008	1.7%	$1.01	—	NOTE 6.250% 1/1	90187BAB7
—	GREAT AJAX CORP	324,093	$7,947	1.6%	$25.99	—	7.25 CV SR NT 24	38983D409
—	RWT HLDGS INC	7,542,000	$6,670	1.4%	$0.88	—	NOTE 5.750%10/0	749772AD1
ACI	ALBERTSONS COS INC	246,839	$6,596	1.4%	$21.12	-1.2%	COMMON STOCK	013091103
CMLS	CUMULUS MEDIA INC	687,098	$5,311	1.1%	$12.67	-7.4%	COM CL A	231082801
—	WESTERN ASSET MTG CAP CORP	4,169,620	$5,045	1.0%	$1.53	—	COM	95790D105
GPMT	GRANITE PT MTG TR INC	482,066	$4,613	1.0%	$11.64	—	COM STK	38741L107
—	GREENLIGHT CAP RE LTD	4,325,000	$3,963	0.8%	$0.95	—	NOTE 4.000% 8/0	395366AB3
RWT	REDWOOD TR INC	501,400	$3,866	0.8%	$10.17	—	COM	758075402
—	GREAT AJAX CORP	334,280	$3,206	0.7%	$12.62	—	COM	38983D300
—	LISTED FD TR	100,000	$2,430	0.5%	$24.96	—	AAF FRST PRIORTY	53656F656
—	INNOVATE CORP	2,055,000	$1,738	0.4%	$1.15	—	NOTE 7.500% 8/0	404139AG2
PNNT	PENNANTPARK INVT CORP	175,000	$1,082	0.2%	$4.38	-1.8%	COM	708062104