Beach Point Capital Management LP

CIK 1453885 · View on SEC EDGAR ↗

Portfolio value
$258.1M
#5,629 of 9,443 by 13F value · top 59.6%
Positions
14
As of
June 30, 2026

Portfolio value QoQ: +1.6% 13F does not disclose cash

Top 10 holdings weight
99.52%
Top 25 holdings weight
100.00%
Positions above 1%
7
Effective number of positions
3.4

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 2.26% Est. buys $5,788,745 · sells $38,093,872

Median holding: 3.0 quarters Tracked Q4 2024–Q2 2026 · 31.8% still held

New positions
3
Increased
3
Decreased
4
Closed
7

Put-notional exposure: 0.3% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets

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Performance vs S&P 500

Tracked Q2 2025–Q2 2026
+11.6%
S&P 500 total return (same window)
+21.7%
Excess return
-10.1%

Annualized: +11.6% · S&P 500: +21.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 1.8%

Sector breakdown

Financial Services
66.2%
Technology
22.8%
Health Care
10.2%
Real Estate
0.4%
Diversified Consumer Services
0.2%
Other/Unmapped
0.2%

Full portfolio 14 positions

Type Streak 8Q trend
VEL Velocity Financial, Inc. Common Stock $121,510,735 47.08% 6,582,380 $2,867,253 Up ×4
DBD Diebold Nixdorf Incorporated Common stock $58,719,999 22.75% 690,661 $-1,681,868 Down ×5
CTEV Claritev Corporation Class A Common Stock $26,285,575 10.19% 770,612 $13,289,621 Down ×1
FOA Finance of America Companies Inc. Class A Common Stock $25,534,074 9.89% 927,837 $10,131,980
FSK FS KKR Capital Corp. Common Stock $12,821,708 4.97% 1,221,115 $-19,039,524 Down ×1
OCSL Oaktree Specialty Lending Corporation - Closed End Fund $5,415,077 2.10% 453,524 $-7,145,540 Down ×1
MFIC MidCap Financial Investment Corporation - Closed End Fund $4,438,839 1.72% 440,361 Up ×1
VEL Velocity Financial, Inc. Common Stock $829,105 0.32% 3,891 Call option $447,475 Up ×1
KREF KKR Real Estate Finance Trust Inc. Common Stock $786,709 0.30% 115,016 $82,811
WW WW International, Inc. - Common Stock $497,809 0.19% 31,152 $69,781
CCAP Crescent Capital BDC, Inc. - Common Stock $402,042 0.16% 36,817 Up ×1
INVH Invitation Homes Inc. Common Stock $346,144 0.13% 2,984 Put option Up ×1
FXI $249,424 0.10% 31,178 Put option $-232,752 Up ×1
HYG $240,000 0.09% 0 Put option $14,152

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
VEL $121,510,735 47.08% up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
MFIC $4,438,839 440,361 1.72%
CCAP $402,042 36,817 0.16%
INVH $346,144 2,984 0.13%

Top movers (QoQ)

Security Action Shares Δ Value Δ
FSK Trimmed -1.9M -$19.0M
CTEV Trimmed -25K +$13.3M
FOA Price move only +0 +$10.1M
OCSL Trimmed -658K -$7.1M
VEL Bought more +24K +$2.9M
DBD Trimmed -110K -$1.7M
VEL Bought more +717 +$447K
FXI Bought more +1K -$233K
KREF Price move only +0 +$83K
WW Price move only +0 +$70K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
CVNA March 31, 2025 1,029,500 $209,359,120 -66.4%
XLF March 31, 2025 1,900,000 $91,827,000 No longer tracked
SOFI March 31, 2025 3,899,600 $60,053,840 58.1%
ARCC March 31, 2025 2,200,200 $48,162,378 -10.3%
COOP March 31, 2025 300,000 $28,803,000 No longer tracked
AFRM March 31, 2025 217,200 $13,227,480 68.8%
UPST March 31, 2025 200,000 $12,314,000 -36.1%
ACHC Dec. 31, 2025 355,540 $8,803,170 95.3%
BXSL March 31, 2025 249,000 $8,045,190 -23.7%
AGNC March 31, 2025 811,400 $7,472,994 15.6%
GBTG Dec. 31, 2025 483,197 $3,904,232 23.6%
UWMC March 31, 2025 622,600 $3,654,662 -73.5%
OPEN March 31, 2025 900,000 $1,440,000 243.9%
BXMT March 31, 2025 77,000 $1,340,570 -27.6%
RPT Dec. 31, 2025 494,985 $1,247,362 -21.6%
HTGC March 31, 2025 30,600 $614,754 -11.7%
JBBB June 30, 2025 690,300 $483,730 No longer tracked
AGNC March 31, 2026 5,279,700 $326,966 10.4%
SLM March 31, 2026 1,277,600 $255,520 23.3%
EEM March 31, 2026 600,000 $72,000 No longer tracked
XHB Sept. 30, 2025 123,000 $66,420 No longer tracked
RC March 31, 2026 500,000 $25,000 8.7%
DFLI Dec. 31, 2025 27,677 $16,462 -62.5%
HTGC March 31, 2026 40,200 $12,060 14.8%
RITM Dec. 31, 2025 25,200 $1,260 -5.0%
SPY March 31, 2026 75,000 $750 No longer tracked
ABR Dec. 31, 2025 64,400 $644 -33.8%
QQQ March 31, 2026 50,000 $500
COIN Dec. 31, 2025 10,000 $300 -24.6%