Angelo Gordon & Co., L.P. In its 13F for Q2 2024 (holdings as of June 30, 2024, filed November 14, 2024), Angelo Gordon & Co., L.P. reported 30 stock positions worth $245.7 million . Its top holding was Starwood Property Trust (stwd 6.75 07/15/27) at 13.5% of the portfolio, followed by Anywhere Real Estate (HOUS, 13.1% ) and Anywhere Re Grp/Realogy (hous 0.25 06/15/26) (8.1% ). Compared with Q1 2024, it opened 11 new positions, sold out of 6, added to 3 and reduced 1. The biggest buy was a new position in Bally's (BALY) and the biggest sale an exit from NCL Corporation Ltd. (nclh 6 05/15/24) .
Location NEW YORK, NY
CIK 0000860662
Portfolio Value $245.7M (Q2 2024) Holdings 30 stocks · $245.7M Holdings quarter Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2024 STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) 32,250,000 $33.2M Add +18.4% HOUS Anywhere Real Estate Inc. 9,692,993 $32.1M No change ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) filed as REALOGY GRP LLC/REALOGY CO 24,587,000 $19.8M No change AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) 19,000,000 $19.6M Add +26.7% MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) 18,000,000 $16.4M No change BALY Bally's Corp. 1,089,609 $13.0M New EDR Endeavor Group Hold Class A 477,591 $12.9M New CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) 7,500,000 $11.9M No change AXONICS INC 175,000 $11.8M New HES Hess Corp. 77,500 $11.4M Add +40.9% NEE Nextera Energy Inc. 137,200 $9.7M Reduce -17.4% HCP Hashicorp Inc. Class A 245,000 $8.3M New WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) 14,500,000 $8.0M No change AGMIT MERGER SUB LLC (MITT 6.75 09/15/24) 7,130,000 $7.1M No change PWSC Powerschool Holdings Inc. Class A 160,000 $3.6M New BZH Beazer Homes USA Inc. 128,182 $3.5M New CTLT Catalent Inc. 60,000 $3.4M New CPRI Capri Holdings Ltd. 90,000 $3.0M No change X United States Steel Corp. 72,500 $2.7M No change SHAKE SHACK INC (SHAK 0 03/01/28) 3,000,000 $2.6M No change NVEI Nuvei Corp.-Subordinate VTG 62,000 $2.0M New MITT TPG Mortgage Investment Trus 288,290 $1.9M No change HA Hawaiian Holdings Inc. 150,000 $1.9M No change AACT.U Ares Acquisition Corp. II 100,000 $1.1M No change NETDU Nabors Energy Transition Cor 100,000 $1.1M No change SRDX Surmodics Inc. 25,000 $1.1M New JNPR Juniper Networks Inc. 25,000 $912K New SRCL Stericycle Inc. 15,000 $872K New HAYMAKER ACQUISITION CORP 4 50,000 $532K No change PAYO Payoneer Global Inc. 83,946 $372K No change
Options reported separately and not counted above: AMODW calls ($6.7M), PGYWW calls ($2.6M), TRONW calls ($1.6M), TGAWF calls ($1.5M), PLAOW calls ($858K), BLEUACACIA LTD calls ($806K), XFINW calls ($553K), TLSIW calls ($384K), PERCEPTION CAPITAL CORP IV calls ($375K), THCPW calls ($318K), EVTWF calls ($294K), MCAAW calls ($291K), and 17 more.
Portfolio Sells Q1 2024 → Q2 2024 Portfolio Sells quarter Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▲ NCL CORPORATION LTD (NCLH 6 05/15/24) Sold out 0.00% −9.80 PXD Pioneer Natural Resources Co. Sold out 0.00% −6.67 M D C HLDGS INC Sold out 0.00% −3.65 DOOR Masonite International Corp. Sold out 0.00% −2.62 WRK Westrock Co. Sold out 0.00% −2.24 ERF Enerplus Corp. Sold out 0.00% −1.25 NEE Nextera Energy Inc. Reduce -17.4% 3.95% +0.11
Portfolio Buys Q1 2024 → Q2 2024 Portfolio Buys quarter Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ FHLTW Future Health ESG -CW23 call Sold out 490,000 $5.3Mbefore exit TWLVW Twelve Seas Inv II A -CW28 call Sold out 133,332 $1.4Mbefore exit QUADRO ACQUISITION ONE CORP call Sold out 66,666 $731Kbefore exit CMCWF Capitalworks Emerging-CW23 call Sold out 37,500 $413Kbefore exit TLSIW Medtech Acquisition Corp.-CW call Reduce -27.4% 69,514 $384K APCA.WS Ap Acquisition Corp.-A -23 call Sold out 25,000 $282Kbefore exit RMGWF RMG Acquisition Class A -CW27 call Sold out 15,000 $150Kbefore exit DRTSW Alpha Tau Medical Ltd. -27 call Sold out 50,000 $148Kbefore exit BBAI.WS Bigbear.ai Holdings -CW28 call Sold out 33,333 $68Kbefore exit MVLAW Pathfinder Acq Class A -CW27 call Sold out 14,000 $874before exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q4 2025 39 $850.7M HOUS, NVRI, UGI CORP (UGI 5 06/01/28), BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN), EVERGY INC (EVRG 4.5 12/15/27) Q3 2025 39 $686.7M HOUS, EVERGY INC (EVRG 4.5 12/15/27), STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27), BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN), UGI CORP (UGI 5 06/01/28) Q2 2025 38 $623.9M STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27), EVERGY INC (EVRG 4.5 12/15/27), UGI CORP (UGI 5 06/01/28), WEC ENERGY GROUP INC (WEC 4.375 06/01/29), PG&E CORP (PCG 4.25 12/01/27) Q1 2025 34 $474.5M CINEMARK HOLDINGS INC (CNK 4.5 08/15/25), STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27), EVERGY INC (EVRG 4.5 12/15/27), HOUS, AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) Q4 2024 33 $395.2M CINEMARK HOLDINGS INC (CNK 4.5 08/15/25), STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27), HOUS, AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25), EVERGY INC (EVRG 4.5 12/15/27) Q3 2024 31 $294.0M HOUS, STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27), CINEMARK HOLDINGS INC (CNK 4.5 08/15/25), AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25), ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) Q2 2024 Amended 30 $245.7M STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27), HOUS, ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26), AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25), MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) Q1 2024 25 $276.0M HOUS, STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27), NCL CORPORATION LTD (NCLH 6 05/15/24), ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26), PXD