Beach Point Capital Management LP Diversified Active

CIK: 0001453885 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 10, 2026

Total Value ($000): $258,488 (100.0% shares, 0.0% debt)

Holdings (17)

New Positions (6)

VEL VELOCITY FINL INC 0.8%

Value ($000) $2,095 Shares 952,100 Est. Cost $11.04 Unrealized +70.1%

KREF KKR REAL ESTATE FIN TR INC 0.6%

Value ($000) $1,634 Shares 198,743 Est. Cost $8.22 Unrealized —

HYG ISHARES TR 0.2%

Value ($000) $465 Shares 6,910,500 Est. Cost — Unrealized —

FXI ISHARES TR 0.1%

Value ($000) $179 Shares 1,627,000 Est. Cost — Unrealized —

EEM ISHARES TR 0.0%

Value ($000) $72 Shares 600,000 Est. Cost — Unrealized —

HTGC HERCULES CAPITAL INC 0.0%

Value ($000) $12 Shares 40,200 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEL	VELOCITY FINL INC	952,100	$2,095	0.8%	$11.04	+70.1%	CALL	92262D101
KREF	KKR REAL ESTATE FIN TR INC	198,743	$1,634	0.6%	$8.22	—	COM	48251K100
HYG	ISHARES TR	6,910,500	$465	0.2%	—	—	CALL	464288513
FXI	ISHARES TR	1,627,000	$179	0.1%	—	—	PUT	464287184
EEM	ISHARES TR	600,000	$72	0.0%	—	—	PUT	464287234
HTGC	HERCULES CAPITAL INC	40,200	$12	0.0%	—	—	PUT	427096508

Increased Positions (6)

VEL VELOCITY FINL INC 48.2%

Value ($000) $124,466 (+27.6%) Shares 5,995,466 (+11.5%) Est. Cost $11.04 Unrealized +70.1%

FOA FINANCE OF AMERICA COMPAN 7.4%

Value ($000) $19,111 (+609.7%) Shares 789,399 (+557.5%) Est. Cost $23.03 Unrealized -1.1%

CTEV CLARITEV CORPORATION 12.5%

Value ($000) $32,276 (+42.9%) Shares 755,002 (+77.4%) Est. Cost $29.79 Unrealized +70.8%

SLM SLM CORP 0.1%

Value ($000) $256 (-90.5%) Shares 1,277,600 (+77.8%) Est. Cost — Unrealized —

AGNC AGNC INVT CORP 0.1%

Value ($000) $327 (-25.1%) Shares 5,279,700 (+48.2%) Est. Cost — Unrealized —

RC READY CAPITAL CORP 0.0%

Value ($000) $25 (+83.6%) Shares 500,000 (+46.8%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEL	VELOCITY FINL INC	5,995,466 (+11.5%)	$124,466 (+27.6%)	48.2%	$11.04	+70.1%	COM	92262D101
FOA	FINANCE OF AMERICA COMPAN	789,399 (+557.5%)	$19,111 (+609.7%)	7.4%	$23.03	-1.1%	CL A NEW	31738L206
CTEV	CLARITEV CORPORATION	755,002 (+77.4%)	$32,276 (+42.9%)	12.5%	$29.79	+70.8%	CL A NEW	62548M209
SLM	SLM CORP	1,277,600 (+77.8%)	$256 (-90.5%)	0.1%	—	—	PUT	78442P106
AGNC	AGNC INVT CORP	5,279,700 (+48.2%)	$327 (-25.1%)	0.1%	—	—	PUT	00123Q104
RC	READY CAPITAL CORP	500,000 (+46.8%)	$25 (+83.6%)	0.0%	—	—	CALL	75574U101

Exited Positions (7)

ACHC ACADIA HEALTHCARE COMPANY IN 3.4%

Value ($000) $8,803 Shares 355,540 Est. Cost $45.11 Unrealized -58.1%

GBTG GLOBAL BUSINESS TRAVEL GROUP 1.5%

Value ($000) $3,904 Shares 483,197 Est. Cost $5.85 Unrealized +32.6%

— RITHM PPTY TR INC 0.5%

Value ($000) $1,247 Shares 494,985 Est. Cost $4.88 Unrealized —

— DRAGONFLY ENERGY HOLDINGS CO 0.0%

Value ($000) $16 Shares 27,677 Est. Cost $2.78 Unrealized —

RITM RITHM CAPITAL CORP 0.0%

Value ($000) $1 Shares 25,200 Est. Cost — Unrealized —

ABR ARBOR REALTY TRUST INC 0.0%

Value ($000) $1 Shares 64,400 Est. Cost — Unrealized —

COIN COINBASE GLOBAL INC 0.0%

Value ($000) $0 Shares 10,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ACHC	ACADIA HEALTHCARE COMPANY IN	355,540	$8,803	3.4%	$45.11	-58.1%	—	00404A109
GBTG	GLOBAL BUSINESS TRAVEL GROUP	483,197	$3,904	1.5%	$5.85	+32.6%	—	37890B100
—	RITHM PPTY TR INC	494,985	$1,247	0.5%	$4.88	—	—	38983D300
—	DRAGONFLY ENERGY HOLDINGS CO	27,677	$16	0.0%	$2.78	—	—	26145B304
RITM	RITHM CAPITAL CORP	25,200	$1	0.0%	—	—	PUT	64828T201
ABR	ARBOR REALTY TRUST INC	64,400	$1	0.0%	—	—	CALL	038923108
COIN	COINBASE GLOBAL INC	10,000	$0	0.0%	—	—	PUT	19260Q107

Decreased Positions (2)

DBD DIEBOLD NIXDORF INC 28.9%

Value ($000) $74,645 (-3.5%) Shares 1,099,502 (-19.0%) Est. Cost $18.98 Unrealized +229.2%

HYG ISHARES TR 0.8%

Value ($000) $2,013 (-27.6%) Shares 4,764,200 (-40.4%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DBD	DIEBOLD NIXDORF INC	1,099,502 (-19.0%)	$74,645 (-3.5%)	28.9%	$18.98	+229.2%	COM SHS	253651202
HYG	ISHARES TR	4,764,200 (-40.4%)	$2,013 (-27.6%)	0.8%	—	—	PUT	464288513

Unchanged Positions (3)

WW WW INTL INC 0.4%

Value ($000) $910 Shares 31,152 Est. Cost $34.35 Unrealized -18.6%

SPY SPDR S&P 500 ETF TR 0.0%

Value ($000) $1 Shares 75,000 Est. Cost — Unrealized —

QQQ INVESCO QQQ TR 0.0%

Value ($000) $1 Shares 50,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WW	WW INTL INC	31,152	$910	0.4%	$34.35	-18.6%	COM NEW	98262P200
SPY	SPDR S&P 500 ETF TR	75,000	$1	0.0%	—	—	PUT	78462F103
QQQ	INVESCO QQQ TR	50,000	$1	0.0%	—	—	PUT	46090E103