Latest Beach Point Capital Management LP Stock Portfolio
Beach Point Capital Management LP Performance:
2024 Q3: 5.62%YTD: 3.05%2023: 19.97%
Performance for 2024 Q3 is 5.62%, and YTD is 3.05%, and 2023 is 19.97%.
About Beach Point Capital Management LP and 13F Hedge Fund Stock Holdings
Beach Point Capital Management LP is a hedge fund based in SANTA MONICA, CA. On 09-Aug-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $15.9 Billions. In it's latest 13F Holdings report, Beach Point Capital Management LP reported an equity portfolio of $296.9 Millions as of 30 Sep, 2024.
The top stock holdings of Beach Point Capital Management LP are VEL, , GBTG. The fund has invested 36.6% of it's portfolio in VELOCITY FINL INC and 30.8% of portfolio in DIEBOLD NIXDORF INC.
The fund managers got completely rid off WESTERN AST INFL LKD OPP & I, MULTIPLAN CORPORATION (MPLN) and FRONTIER COMMUNICATIONS PARE (FYBR) stocks. They significantly reduced their stock positions in GLOBAL BUSINESS TRAVEL GROUP (GBTG) and DIEBOLD NIXDORF INC. Beach Point Capital Management LP opened new stock positions in MULTIPLAN CORPORATION (MPLN).
The top stock holdings of Beach Point Capital Management LP are VEL, , GBTG. The fund has invested 36.6% of it's portfolio in VELOCITY FINL INC and 30.8% of portfolio in DIEBOLD NIXDORF INC.
The fund managers got completely rid off WESTERN AST INFL LKD OPP & I, MULTIPLAN CORPORATION (MPLN) and FRONTIER COMMUNICATIONS PARE (FYBR) stocks. They significantly reduced their stock positions in GLOBAL BUSINESS TRAVEL GROUP (GBTG) and DIEBOLD NIXDORF INC. Beach Point Capital Management LP opened new stock positions in MULTIPLAN CORPORATION (MPLN).
Beach Point Capital Management LP Annual Return Estimates Vs S&P 500
Our best estimate is that Beach Point Capital Management LP made a return of 5.62% in the last quarter. In trailing 12 months, it's portfolio return was 23.25%.
New Buys
| Ticker | $ Bought |
|---|---|
| multiplan corporation | 2,692,340 |
New stocks bought by Beach Point Capital Management LP
Additions
| Ticker | % Inc. |
|---|---|
| realogy grp llc/realogy co | 139 |
Additions to existing portfolio by Beach Point Capital Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| global business travel group | -28.83 |
| diebold nixdorf inc | -6.32 |
Beach Point Capital Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| western ast infl lkd opp & i | -10,909,200 |
| multiplan corporation | -4,857,600 |
| frontier communications pare | -3,433,190 |
Beach Point Capital Management LP got rid off the above stocks
Sector Distribution
Beach Point Capital Management LP has about 42.8% of it's holdings in Financial Services sector.
| Sector | % |
|---|---|
| Financial Services | 42.8 |
| Others | 36.1 |
| Technology | 15.2 |
| Real Estate | 4.2 |
| Healthcare | 1.1 |
Market Cap. Distribution
Beach Point Capital Management LP has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| SMALL-CAP | 42.8 |
| UNALLOCATED | 36.1 |
| MID-CAP | 15.2 |
| MICRO-CAP | 5.8 |
Stocks belong to which Index?
About 59.8% of the stocks held by Beach Point Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 59.8 |
| Others | 40.2 |
Beach Point Capital Management LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Beach Point Capital Management LP
Beach Point Capital Management LP has 7 stocks in it's portfolio. LLAP proved to be the most loss making stock for the portfolio. VEL was the most profitable stock for Beach Point Capital Management LP last quarter.
Last Reported on: 18 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AJX | great ajax corp | 3.55 | 3,167,290 | 10,547,100 | unchanged | 0.00 | ||
| FYBR | frontier communications pare | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GBTG | global business travel group | 13.02 | 5,026,370 | 38,652,800 | reduced | -28.83 | ||
| LLAP | terran orbital corporation | 0.53 | 6,301,170 | 1,582,850 | unchanged | 0.00 | ||
| MPLN | multiplan corporation | 0.91 | 352,400 | 2,692,340 | new | |||
| MPLN | multiplan corporation | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| VEL | velocity finl inc | 36.56 | 5,536,170 | 108,564,000 | unchanged | 0.00 | ||
| diebold nixdorf inc | 30.75 | 2,044,280 | 91,297,400 | reduced | -6.32 | |||
| realogy grp llc/realogy co | 14.63 | 49,734,000 | 43,442,600 | added | 139 | |||
| dragonfly energy holdings co | 0.04 | 249,095 | 132,020 | unchanged | 0.00 | |||
| western ast infl lkd opp & i | 0.00 | 0.00 | 0.00 | sold off | -100 | |||