Beach Point Capital Management LP Diversified Active

CIK: 0001453885 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 10, 2023

Total Value ($000): $240,257 (65.9% shares, 34.1% debt)

Holdings (20)

VEL VELOCITY FINL INC 23.9%

Value ($000) $57,343 Shares 4,973,395 Est. Cost $9.11 Unrealized +6.0%

— FRONTIER COMMUNICATIONS PARE 10.6%

Value ($000) $25,368 Shares 1,360,944 Est. Cost $25.38 Unrealized —

— BLACKSTONE MORTGAGE TRUST IN 8.9%

Value ($000) $21,368 Shares 25,010,000 Est. Cost $0.83 Unrealized —

— MULTIPLAN CORPORATION 8.9%

Value ($000) $21,328 Shares 10,108,085 Est. Cost $2.96 Unrealized —

— WESTERN ASSET MORTGAGE CAPIT 7.8%

Value ($000) $18,684 Shares 21,600,000 Est. Cost $0.97 Unrealized —

— REDWOOD TRUST INC 6.4%

Value ($000) $15,353 Shares 18,250,000 Est. Cost $0.84 Unrealized —

— TERRAN ORBITAL CORPORATION 6.3%

Value ($000) $15,037 Shares 10,024,703 Est. Cost $6.65 Unrealized —

— GREAT AJAX CORP 5.7%

Value ($000) $13,773 Shares 565,636 Est. Cost $24.77 Unrealized —

MITT AG MTG INVT TR INC 5.3%

Value ($000) $12,768 Shares 2,086,251 Est. Cost $9.41 Unrealized —

— TWO HARBORS INVENTMENT CORPO 3.3%

Value ($000) $7,889 Shares 8,965,000 Est. Cost $1.01 Unrealized —

FLL FULL HSE RESORTS INC 1.9%

Value ($000) $4,601 Shares 686,714 Est. Cost $6.58 Unrealized +4.4%

MFA MFA FINL INC 1.9%

Value ($000) $4,589 Shares 408,314 Est. Cost $10.53 Unrealized —

— NUVEEN CA QUALTY MUN INCOME 1.7%

Value ($000) $4,137 Shares 378,823 Est. Cost $10.92 Unrealized —

— RWT HLDGS INC 1.6%

Value ($000) $3,870 Shares 4,474,000 Est. Cost $0.86 Unrealized —

FSK FS KKR CAP CORP 1.6%

Value ($000) $3,798 Shares 198,012 Est. Cost $9.43 Unrealized +33.9%

— BLACKROCK MUNIHLDNGS CALI QL 1.4%

Value ($000) $3,461 Shares 318,949 Est. Cost $10.85 Unrealized —

— INVESCO CALIF VALUE MUN INCO 1.3%

Value ($000) $3,101 Shares 323,732 Est. Cost $9.58 Unrealized —

— GREAT AJAX CORP 1.0%

Value ($000) $2,452 Shares 400,000 Est. Cost $11.57 Unrealized —

— INNOVATE CORP 0.4%

Value ($000) $968 Shares 1,905,000 Est. Cost $1.15 Unrealized —

— DRAGONFLY ENERGY HOLDINGS CO 0.2%

Value ($000) $369 Shares 249,095 Est. Cost $9.68 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEL	VELOCITY FINL INC	4,973,395	$57,343	23.9%	$9.11	+6.0%	COM	92262D101
—	FRONTIER COMMUNICATIONS PARE	1,360,944	$25,368	10.6%	$25.38	—	COM	35909D109
—	BLACKSTONE MORTGAGE TRUST IN	25,010,000	$21,368	8.9%	$0.83	—	NOTE 5.500% 3/1	09257WAE0
—	MULTIPLAN CORPORATION	10,108,085	$21,328	8.9%	$2.96	—	COM	62548M100
—	WESTERN ASSET MORTGAGE CAPIT	21,600,000	$18,684	7.8%	$0.97	—	NOTE 6.750% 9/1	95790DAD7
—	REDWOOD TRUST INC	18,250,000	$15,353	6.4%	$0.84	—	NOTE 7.750% 6/1	758075AF2
—	TERRAN ORBITAL CORPORATION	10,024,703	$15,037	6.3%	$6.65	—	COM	88105P103
—	GREAT AJAX CORP	565,636	$13,773	5.7%	$24.77	—	7.25 CV SR NT 24	38983D409
MITT	AG MTG INVT TR INC	2,086,251	$12,768	5.3%	$9.41	—	COM NEW	001228501
—	TWO HARBORS INVENTMENT CORPO	8,965,000	$7,889	3.3%	$1.01	—	NOTE 6.250% 1/1	90187BAB7
FLL	FULL HSE RESORTS INC	686,714	$4,601	1.9%	$6.58	+4.4%	COM	359678109
MFA	MFA FINL INC	408,314	$4,589	1.9%	$10.53	—	COM	55272X607
—	NUVEEN CA QUALTY MUN INCOME	378,823	$4,137	1.7%	$10.92	—	COM	67066Y105
—	RWT HLDGS INC	4,474,000	$3,870	1.6%	$0.86	—	NOTE 5.750%10/0	749772AD1
FSK	FS KKR CAP CORP	198,012	$3,798	1.6%	$9.43	+33.9%	COM	302635206
—	BLACKROCK MUNIHLDNGS CALI QL	318,949	$3,461	1.4%	$10.85	—	COM	09254L107
—	INVESCO CALIF VALUE MUN INCO	323,732	$3,101	1.3%	$9.58	—	COM	46132H106
—	GREAT AJAX CORP	400,000	$2,452	1.0%	$11.57	—	COM	38983D300
—	INNOVATE CORP	1,905,000	$968	0.4%	$1.15	—	NOTE 7.500% 8/0	404139AG2
—	DRAGONFLY ENERGY HOLDINGS CO	249,095	$369	0.2%	$9.68	—	COM	26145B106