Beach Point Capital Management LP
Santa Monica, CA
$256m in 10 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 11.4% of the portfolio this quarter.
Value
$256m
Stocks
10
Top 10 share
100.0%
Turnover
11.4%
What changed this quarter
New
Bought for the first time this quarter.
- MidCap Financial InvestmentMFIC1.7% of the fund
- Crescent Capital BDCCCAP0.2% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- Diebold NixdorfDBD22.9% of the fund-14%
- ClaritevCTEV10.3% of the fund-3%
- FS KKR CapitalFSK5.0% of the fund-61%
- Oaktree Specialty LendingOCSL2.1% of the fund-59%
Sold out
Sold their entire stake.
None this quarter.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Velocity FinancialVEL | 47.4% | $122m | 6,582,380 | Held |
| Diebold NixdorfDBD | 22.9% | $59m | 690,661 | -14% |
| ClaritevCTEV | 10.3% | $26m | 770,612 | -3% |
| Finance of America CompaniesFOA | 10.0% | $26m | 927,837 | Held |
| FS KKR CapitalFSK | 5.0% | $13m | 1,221,115 | -61% |
| Oaktree Specialty LendingOCSL | 2.1% | $5m | 453,524 | -59% |
| MidCap Financial InvestmentMFIC | 1.7% | $4m | 440,361 | New |
| KKR Real Estate Finance TrustKREF | 0.3% | $786,709 | 115,016 | Held |
| WW InternationalWW | 0.2% | $497,809 | 31,152 | Held |
| Crescent Capital BDCCCAP | 0.2% | $402,042 | 36,817 | New |
Options (4)
- Velocity FinancialVEL
- Type
- Call
- Value
- $829,105
- Contracts
- 3,891
- Invitation HomesINVH
- Type
- Put
- Value
- $346,144
- Contracts
- 2,984
- Ishares TRFXI
- Type
- Put
- Value
- $249,424
- Contracts
- 31,178
- Ishares TRHYG
- Type
- Put
- Value
- $240,000
- Contracts
- 0
| Company | Type | Value | Contracts |
|---|---|---|---|
| Velocity FinancialVEL | Call | $829,105 | 3,891 |
| Invitation HomesINVH | Put | $346,144 | 2,984 |
| Ishares TRFXI | Put | $249,424 | 31,178 |
| Ishares TRHYG | Put | $240,000 | 0 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 9.2% since 30 June 2025.
Where the money is
Financial services57.3%
Technology33.2%
Real estate0.3%
Retail & consumer0.2%
Other9.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.