Glendon Capital Management LP Long-Term Concentrated

Location: Santa Monica, CA

CIK: 0001604350 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 12, 2025

Total Value: $1.834B (99.9% shares, 0.1% debt)

Holdings (24)

— FRONTIER COMMUNICATIONS PARE 49.2%

Value $902M Shares 24,158,619 Est. Cost $25.34 Unrealized —

EXE EXPAND ENERGY CORPORATION 12.3%

Value $226M Shares 2,132,354 Est. Cost $36.02 Unrealized +175.2%

VST VISTRA CORP 7.0%

Value $129M Shares 656,732 Est. Cost $47.74 Unrealized +314.0%

TLN TALEN ENERGY CORP 6.1%

Value $113M Shares 264,942 Est. Cost $138.87 Unrealized +160.2%

NRG NRG ENERGY INC 5.6%

Value $102M Shares 630,351 Est. Cost $49.21 Unrealized +215.5%

ALLY ALLY FINL INC 5.0%

Value $91.66M Shares 2,338,333 Est. Cost $23.19 Unrealized +69.8%

DBD DIEBOLD NIXDORF INC 3.7%

Value $67.2M Shares 1,178,344 Est. Cost $25.01 Unrealized +136.9%

ACT ENACT HLDGS INC 2.7%

Value $49.79M Shares 1,298,718 Est. Cost $17.20 Unrealized +113.9%

GASS STEALTHGAS INC 1.7%

Value $31.98M Shares 4,883,048 Est. Cost $4.94 Unrealized +40.5%

AFRM AFFIRM HLDGS INC 1.7%

Value $30.48M Shares 417,100 Est. Cost $38.25 Unrealized +99.0%

CHRD CHORD ENERGY CORPORATION 1.6%

Value $29.57M Shares 297,550 Est. Cost $100.33 Unrealized +2.6%

WSBC WESBANCO INC 1.6%

Value $29.03M Shares 909,091 Est. Cost $30.62 Unrealized +4.1%

FPH FIVE POINT HOLDINGS LLC 0.4%

Value $7.904M Shares 1,289,375 Est. Cost $15.19 Unrealized -61.8%

NCMI NATIONAL CINEMEDIA INC 0.4%

Value $7.572M Shares 1,678,903 Est. Cost $3.96 Unrealized +17.7%

NATL NCR ATLEOS CORPORATION 0.3%

Value $5.641M Shares 143,500 Est. Cost $34.72 Unrealized +0.2%

BBT BEACON FINANCIAL CORP. 0.2%

Value $4.088M Shares 172,413 Est. Cost $27.54 Unrealized -9.3%

SVC SERVICE PPTYS TR 0.1%

Value $1.876M Shares 692,346 Est. Cost $9.96 Unrealized —

SKIN THE BEAUTY HEALTH COMPANY 0.1%

Value $1.268M Shares 636,954 Est. Cost $10.17 Unrealized -80.1%

COOK TRAEGER INC 0.1%

Value $1.246M Shares 1,020,960 Est. Cost $3.09 Unrealized -50.5%

— AFFIRM HLDGS INC 0.1%

Value $1.013M Shares 1,074,000 Est. Cost $0.61 Unrealized —

ONL ORION OFFICE REIT INC 0.1%

Value $971K Shares 359,563 Est. Cost $18.67 Unrealized —

GOCO GOHEALTH INC 0.0%

Value $206K Shares 42,745 Est. Cost $8.88 Unrealized -38.5%

VAL VALARIS LTD 0.0%

Value $32,091 Shares 658 Est. Cost $25.06 Unrealized +94.6%

— EPR PPTYS 0.0%

Value $25,430 Shares 1,000 Est. Cost $25.58 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	FRONTIER COMMUNICATIONS PARE	24,158,619	$902M	49.2%	$25.34	—	COM	35909D109
EXE	EXPAND ENERGY CORPORATION	2,132,354	$226M	12.3%	$36.02	+175.2%	COM	165167735
VST	VISTRA CORP	656,732	$129M	7.0%	$47.74	+314.0%	COM	92840M102
TLN	TALEN ENERGY CORP	264,942	$113M	6.1%	$138.87	+160.2%	COM	87422Q109
NRG	NRG ENERGY INC	630,351	$102M	5.6%	$49.21	+215.5%	COM NEW	629377508
ALLY	ALLY FINL INC	2,338,333	$91.66M	5.0%	$23.19	+69.8%	COM	02005N100
DBD	DIEBOLD NIXDORF INC	1,178,344	$67.2M	3.7%	$25.01	+136.9%	COM SHS	253651202
ACT	ENACT HLDGS INC	1,298,718	$49.79M	2.7%	$17.20	+113.9%	COM	29249E109
GASS	STEALTHGAS INC	4,883,048	$31.98M	1.7%	$4.94	+40.5%	SHS	Y81669106
AFRM	AFFIRM HLDGS INC	417,100	$30.48M	1.7%	$38.25	+99.0%	COM CL A	00827B106
CHRD	CHORD ENERGY CORPORATION	297,550	$29.57M	1.6%	$100.33	+2.6%	COM NEW	674215207
WSBC	WESBANCO INC	909,091	$29.03M	1.6%	$30.62	+4.1%	COM	950810101
FPH	FIVE POINT HOLDINGS LLC	1,289,375	$7.904M	0.4%	$15.19	-61.8%	COM CL A	33833Q106
NCMI	NATIONAL CINEMEDIA INC	1,678,903	$7.572M	0.4%	$3.96	+17.7%	COM NEW	635309206
NATL	NCR ATLEOS CORPORATION	143,500	$5.641M	0.3%	$34.72	+0.2%	COM SHS	63001N106
BBT	BEACON FINANCIAL CORP.	172,413	$4.088M	0.2%	$27.54	-9.3%	COM	084680107
SVC	SERVICE PPTYS TR	692,346	$1.876M	0.1%	$9.96	—	COM SH BEN INT	81761L102
SKIN	THE BEAUTY HEALTH COMPANY	636,954	$1.268M	0.1%	$10.17	-80.1%	COM CL A	88331L108
COOK	TRAEGER INC	1,020,960	$1.246M	0.1%	$3.09	-50.5%	COMMON STOCK	89269P103
—	AFFIRM HLDGS INC	1,074,000	$1.013M	0.1%	$0.61	—	NOTE 11/1	00827BAB2
ONL	ORION OFFICE REIT INC	359,563	$971K	0.1%	$18.67	—	COM	68629Y103
GOCO	GOHEALTH INC	42,745	$206K	0.0%	$8.88	-38.5%	CL A NEW	38046W204
VAL	VALARIS LTD	658	$32,091	0.0%	$25.06	+94.6%	CL A	G9460G101
—	EPR PPTYS	1,000	$25,430	0.0%	$25.58	—	PFD C CV 5.75%	26884U208