Beach Point Capital Management LP Diversified Active

CIK: 0001453885 · Show all filings

Period: Q4 2022 (← Previous) (Next →)

Filing Date: Jan 27, 2023

Total Value ($000): $246,105 (68.7% shares, 31.3% debt)

Holdings (22)

— FRONTIER COMMUNICATIONS PARE 19.6%

Value ($000) $48,316 Shares 1,896,237 Est. Cost $26.40 Unrealized —

VEL VELOCITY FINL INC 15.5%

Value ($000) $38,160 Shares 3,954,444 Est. Cost $8.99 Unrealized +11.4%

— TERRAN ORBITAL CORPORATION 12.7%

Value ($000) $31,343 Shares 19,837,629 Est. Cost $6.65 Unrealized —

— WESTERN ASSET MORTGAGE CAPIT 7.6%

Value ($000) $18,749 Shares 21,700,000 Est. Cost $0.97 Unrealized —

— 2U INC 6.1%

Value ($000) $15,104 Shares 23,362,000 Est. Cost $0.84 Unrealized —

MITT AG MTG INVT TR INC 4.9%

Value ($000) $12,120 Shares 2,282,570 Est. Cost $9.46 Unrealized —

— MFA FINL INC 3.9%

Value ($000) $9,561 Shares 10,683,000 Est. Cost $0.89 Unrealized —

— PENNYMAC CORP 3.7%

Value ($000) $9,227 Shares 11,400,000 Est. Cost $0.95 Unrealized —

— MULTIPLAN CORPORATION 3.4%

Value ($000) $8,485 Shares 7,378,393 Est. Cost $4.51 Unrealized —

— TWO HARBORS INVENTMENT CORPO 3.1%

Value ($000) $7,649 Shares 8,965,000 Est. Cost $1.01 Unrealized —

— RWT HLDGS INC 2.7%

Value ($000) $6,745 Shares 8,042,000 Est. Cost $0.88 Unrealized —

FSK FS KKR CAP CORP 2.6%

Value ($000) $6,290 Shares 359,414 Est. Cost $9.43 Unrealized +21.6%

MFA MFA FINL INC 2.0%

Value ($000) $4,939 Shares 501,425 Est. Cost $10.75 Unrealized —

— GREAT AJAX CORP 1.9%

Value ($000) $4,671 Shares 195,035 Est. Cost $25.99 Unrealized —

FLL FULL HSE RESORTS INC 1.9%

Value ($000) $4,590 Shares 610,364 Est. Cost $6.54 Unrealized +5.7%

— DIEBOLD NIXDORF INC 1.7%

Value ($000) $4,114 Shares 2,897,395 Est. Cost $11.57 Unrealized —

CMLS CUMULUS MEDIA INC 1.5%

Value ($000) $3,706 Shares 596,769 Est. Cost $12.23 Unrealized -41.6%

— REDWOOD TRUST INC 1.5%

Value ($000) $3,620 Shares 4,000,000 Est. Cost $0.91 Unrealized —

— DRAGONFLY ENERGY HOLDINGS CO 1.2%

Value ($000) $3,050 Shares 274,285 Est. Cost $11.12 Unrealized —

— GREAT AJAX CORP 1.0%

Value ($000) $2,424 Shares 334,280 Est. Cost $12.62 Unrealized —

— INNOVATE CORP 0.7%

Value ($000) $1,645 Shares 2,055,000 Est. Cost $1.15 Unrealized —

— NEW YORK MTG TR INC 0.6%

Value ($000) $1,596 Shares 623,500 Est. Cost $2.56 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	FRONTIER COMMUNICATIONS PARE	1,896,237	$48,316	19.6%	$26.40	—	COM	35909D109
VEL	VELOCITY FINL INC	3,954,444	$38,160	15.5%	$8.99	+11.4%	COM	92262D101
—	TERRAN ORBITAL CORPORATION	19,837,629	$31,343	12.7%	$6.65	—	COM	88105P103
—	WESTERN ASSET MORTGAGE CAPIT	21,700,000	$18,749	7.6%	$0.97	—	NOTE 6.750% 9/1	95790DAD7
—	2U INC	23,362,000	$15,104	6.1%	$0.84	—	NOTE 2.250% 5/0	90214JAB7
MITT	AG MTG INVT TR INC	2,282,570	$12,120	4.9%	$9.46	—	COM NEW	001228501
—	MFA FINL INC	10,683,000	$9,561	3.9%	$0.89	—	NOTE 6.250% 6/1	55272XAA0
—	PENNYMAC CORP	11,400,000	$9,227	3.7%	$0.95	—	NOTE 5.500% 3/1	70932AAF0
—	MULTIPLAN CORPORATION	7,378,393	$8,485	3.4%	$4.51	—	COM	62548M100
—	TWO HARBORS INVENTMENT CORPO	8,965,000	$7,649	3.1%	$1.01	—	NOTE 6.250% 1/1	90187BAB7
—	RWT HLDGS INC	8,042,000	$6,745	2.7%	$0.88	—	NOTE 5.750%10/0	749772AD1
FSK	FS KKR CAP CORP	359,414	$6,290	2.6%	$9.43	+21.6%	COM	302635206
MFA	MFA FINL INC	501,425	$4,939	2.0%	$10.75	—	COM	55272X607
—	GREAT AJAX CORP	195,035	$4,671	1.9%	$25.99	—	7.25 CV SR NT 24	38983D409
FLL	FULL HSE RESORTS INC	610,364	$4,590	1.9%	$6.54	+5.7%	COM	359678109
—	DIEBOLD NIXDORF INC	2,897,395	$4,114	1.7%	$11.57	—	COM STK	253651103
CMLS	CUMULUS MEDIA INC	596,769	$3,706	1.5%	$12.23	-41.6%	COM CL A	231082801
—	REDWOOD TRUST INC	4,000,000	$3,620	1.5%	$0.91	—	NOTE 5.625% 7/1	758075AD7
—	DRAGONFLY ENERGY HOLDINGS CO	274,285	$3,050	1.2%	$11.12	—	COM	26145B106
—	GREAT AJAX CORP	334,280	$2,424	1.0%	$12.62	—	COM	38983D300
—	INNOVATE CORP	2,055,000	$1,645	0.7%	$1.15	—	NOTE 7.500% 8/0	404139AG2
—	NEW YORK MTG TR INC	623,500	$1,596	0.6%	$2.56	—	COM PAR $.02	649604501