Beach Point Capital Management LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 24, 2024), Beach Point Capital Management LP reported 11 stock positions worth $285.9 million. Its top holding was Velocity Financial (VEL) at 34.2% of the portfolio, followed by Diebold Nixdorf (DBD, 33.6%) and Global Business Travel (GBTG, 14.9%). Compared with Q4 2023, it opened 1 new position, sold out of 2, added to 4 and reduced 4. The biggest buy was a new position in Global Business Travel (GBTG) and the biggest sale an exit from Nuveen Ca QLTY Muni (NAC).
- Most Recent 13F
- Q2 2026
- Location
- Santa Monica, CA
- CIK
- 0001453885
- Portfolio Value
- $285.9M (Q1 2024)
- SEC Filing
- 0001085146-24-001995 ↗ filed Apr 24, 2024
Holdings Value
Holdings 11 stocks · $285.9M
| VEL Velocity Financial Inc. | 34.21% | 5,434,980 | $97.8M | Add +2.4% |
| DBD Diebold Nixdorf Inc. | 33.62% | 2,791,220 | $96.1M | Reduce -10.2% |
| GBTG Global Business Travel Group | 14.87% | 7,074,482 | $42.5M | New |
| RITHM PPTY TR INC filed as GREAT AJAX CORP | 4.21% | 3,167,288 | $12.0M | Add +39.3% |
| WIW Western Asst Infl-LNK Opp | 3.96% | 1,310,706 | $11.3M | Add +34.5% |
| LLAP Terran Orbital Corp. | 2.89% | 6,301,168 | $8.3M | No change |
| FYBR Frontier Communications Pare | 2.08% | 242,596 | $5.9M | Reduce -22.4% |
| HUDSON PAC PPTYS INC | 1.91% | 844,995 | $5.5M | Add +374.2% |
| MULTIPLAN CORP | 1.72% | 6,073,397 | $4.9M | Reduce -1.1% |
| FSK FS KKR Capital Corp. | 0.50% | 74,256 | $1.4M | Reduce -62.5% |
| DRAGONFLY ENERGY HOLDINGS CO | 0.05% | 249,095 | $135K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| NAC Nuveen Ca QLTY Muni Inc. | Sold out | 0.00% | −6.18 |
| DBD Diebold Nixdorf Inc. | Reduce -10.2% | 33.62% | −2.27 |
| MULTIPLAN CORP | Reduce -1.1% | 1.72% | −1.81 |
| MITT TPG Mortgage Investment Trus | Sold out | 0.00% | −1.46 |
| FSK FS KKR Capital Corp. | Reduce -62.5% | 0.50% | −1.08 |
| FYBR Frontier Communications Pare | Reduce -22.4% | 2.08% | −1.08 |
Portfolio Buys Q4 2023 → Q1 2024
| GBTG Global Business Travel Group | New | 14.87% | +14.87 |
| HUDSON PAC PPTYS INC | Add +374.2% | 1.91% | +1.24 |
| WIW Western Asst Infl-LNK Opp | Add +34.5% | 3.96% | +0.59 |
| RITHM PPTY TR INC | Add +39.3% | 4.21% | −0.60 |
| VEL Velocity Financial Inc. | Add +2.4% | 34.21% | −2.24 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 10 | $256.4M | VEL, DBD, CTEV, FOA, FSK |
| Q1 2026 | 8 | $253.0M | VEL, DBD, FSK, FOA, CTEV |
| Q4 2025 | 6 | $253.0M | VEL, DBD, CTEV, FOA, KREF |
| Q3 2025 | 9 | $215.0M | VEL, DBD, CTEV, ACHC, GBTG |
| Q2 2025 | 8 | $234.8M | VEL, DBD, CTEV, FOA, ACHC |
| Q1 2025 | 8 | $236.8M | VEL, DBD, GBTG, ACHC, FOA |
| Q4 2024 | 7 | $238.8M | VEL, DBD, GBTG, ACHC, RITHM PPTY TR INC |
| Q3 2024 | 7 | $253.5M | VEL, DBD, GBTG, RITHM PPTY TR INC, CTEV |
| Q2 2024 | 9 | $265.7M | VEL, DBD, GBTG, RITHM PPTY TR INC, WIW |
| Q1 2024 | 11 | $285.9M | VEL, DBD, GBTG, RITHM PPTY TR INC, WIW |