Beach Point Capital Management LP Diversified Active

CIK: 0001453885 · Show all filings

Period: Q3 2022 (← Previous) (Next →)

Filing Date: Oct 24, 2022

Total Value ($000): $295,055 (77.4% shares, 22.6% debt)

Holdings (25)

— FRONTIER COMMUNICATIONS PARE 17.9%

Value ($000) $52,939 Shares 2,259,473 Est. Cost $26.40 Unrealized —

VEL VELOCITY FINL INC 12.9%

Value ($000) $38,041 Shares 3,509,339 Est. Cost $8.86 Unrealized +29.3%

— TERRAN ORBITAL CORPORATION 12.8%

Value ($000) $37,808 Shares 21,808,919 Est. Cost $6.65 Unrealized —

— MULTIPLAN CORPORATION 8.3%

Value ($000) $24,420 Shares 8,538,478 Est. Cost $4.51 Unrealized —

— WESTERN ASSET MORTGAGE CAPIT 6.4%

Value ($000) $18,781 Shares 21,700,000 Est. Cost $0.97 Unrealized —

— 2U INC 5.4%

Value ($000) $15,916 Shares 23,362,000 Est. Cost $0.84 Unrealized —

AGNC AGNC INVT CORP 4.3%

Value ($000) $12,630 Shares 1,500,000 Est. Cost $8.42 Unrealized —

FSK FS KKR CAP CORP 3.4%

Value ($000) $10,108 Shares 596,361 Est. Cost $9.43 Unrealized +32.1%

MITT AG MTG INVT TR INC 3.3%

Value ($000) $9,740 Shares 2,369,767 Est. Cost $9.46 Unrealized —

— PENNYMAC CORP 3.1%

Value ($000) $9,263 Shares 11,400,000 Est. Cost $0.95 Unrealized —

MFA MFA FINL INC 3.1%

Value ($000) $9,019 Shares 1,159,275 Est. Cost $10.75 Unrealized —

— DIEBOLD NIXDORF INC 2.7%

Value ($000) $7,891 Shares 3,233,952 Est. Cost $11.57 Unrealized —

— TWO HARBORS INVENTMENT CORPO 2.5%

Value ($000) $7,413 Shares 8,965,000 Est. Cost $1.01 Unrealized —

INVH INVITATION HOMES INC 2.4%

Value ($000) $7,092 Shares 210,003 Est. Cost $32.87 Unrealized 0.0%

— RWT HLDGS INC 2.2%

Value ($000) $6,407 Shares 7,542,000 Est. Cost $0.88 Unrealized —

— GREAT AJAX CORP 1.7%

Value ($000) $4,885 Shares 204,732 Est. Cost $25.99 Unrealized —

— WESTERN ASSET MTG CAP CORP 1.3%

Value ($000) $3,924 Shares 350,661 Est. Cost $11.19 Unrealized —

CMLS CUMULUS MEDIA INC 1.3%

Value ($000) $3,862 Shares 549,407 Est. Cost $12.67 Unrealized -33.0%

GPMT GRANITE PT MTG TR INC 1.1%

Value ($000) $3,242 Shares 503,466 Est. Cost $11.41 Unrealized —

FLL FULL HSE RESORTS INC 0.9%

Value ($000) $2,731 Shares 485,919 Est. Cost $6.45 Unrealized 0.0%

— MFA FINL INC 0.9%

Value ($000) $2,587 Shares 3,000,000 Est. Cost $0.86 Unrealized —

— GREAT AJAX CORP 0.9%

Value ($000) $2,510 Shares 334,280 Est. Cost $12.62 Unrealized —

RWT REDWOOD TR INC 0.5%

Value ($000) $1,579 Shares 275,000 Est. Cost $10.17 Unrealized —

— INNOVATE CORP 0.4%

Value ($000) $1,311 Shares 2,055,000 Est. Cost $1.15 Unrealized —

PNNT PENNANTPARK INVT CORP 0.3%

Value ($000) $956 Shares 175,000 Est. Cost $4.38 Unrealized -10.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	FRONTIER COMMUNICATIONS PARE	2,259,473	$52,939	17.9%	$26.40	—	COM	35909D109
VEL	VELOCITY FINL INC	3,509,339	$38,041	12.9%	$8.86	+29.3%	COM	92262D101
—	TERRAN ORBITAL CORPORATION	21,808,919	$37,808	12.8%	$6.65	—	COM	88105P103
—	MULTIPLAN CORPORATION	8,538,478	$24,420	8.3%	$4.51	—	COM	62548M100
—	WESTERN ASSET MORTGAGE CAPIT	21,700,000	$18,781	6.4%	$0.97	—	NOTE 6.750% 9/1	95790DAD7
—	2U INC	23,362,000	$15,916	5.4%	$0.84	—	NOTE 2.250% 5/0	90214JAB7
AGNC	AGNC INVT CORP	1,500,000	$12,630	4.3%	$8.42	—	COM	00123Q104
FSK	FS KKR CAP CORP	596,361	$10,108	3.4%	$9.43	+32.1%	COM	302635206
MITT	AG MTG INVT TR INC	2,369,767	$9,740	3.3%	$9.46	—	COM NEW	001228501
—	PENNYMAC CORP	11,400,000	$9,263	3.1%	$0.95	—	NOTE 5.500% 3/1	70932AAF0
MFA	MFA FINL INC	1,159,275	$9,019	3.1%	$10.75	—	COM	55272X607
—	DIEBOLD NIXDORF INC	3,233,952	$7,891	2.7%	$11.57	—	COM STK	253651103
—	TWO HARBORS INVENTMENT CORPO	8,965,000	$7,413	2.5%	$1.01	—	NOTE 6.250% 1/1	90187BAB7
INVH	INVITATION HOMES INC	210,003	$7,092	2.4%	$32.87	0.0%	COM	46187W107
—	RWT HLDGS INC	7,542,000	$6,407	2.2%	$0.88	—	NOTE 5.750%10/0	749772AD1
—	GREAT AJAX CORP	204,732	$4,885	1.7%	$25.99	—	7.25 CV SR NT 24	38983D409
—	WESTERN ASSET MTG CAP CORP	350,661	$3,924	1.3%	$11.19	—	COM	95790D204
CMLS	CUMULUS MEDIA INC	549,407	$3,862	1.3%	$12.67	-33.0%	COM CL A	231082801
GPMT	GRANITE PT MTG TR INC	503,466	$3,242	1.1%	$11.41	—	COM STK	38741L107
FLL	FULL HSE RESORTS INC	485,919	$2,731	0.9%	$6.45	0.0%	COM	359678109
—	MFA FINL INC	3,000,000	$2,587	0.9%	$0.86	—	NOTE 6.250% 6/1	55272XAA0
—	GREAT AJAX CORP	334,280	$2,510	0.9%	$12.62	—	COM	38983D300
RWT	REDWOOD TR INC	275,000	$1,579	0.5%	$10.17	—	COM	758075402
—	INNOVATE CORP	2,055,000	$1,311	0.4%	$1.15	—	NOTE 7.500% 8/0	404139AG2
PNNT	PENNANTPARK INVT CORP	175,000	$956	0.3%	$4.38	-10.7%	COM	708062104