Beach Point Capital Management LP

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 18, 2024), Beach Point Capital Management LP reported 7 stock positions worth $253.5 million. Its top holding was Velocity Financial (VEL) at 42.8% of the portfolio, followed by Diebold Nixdorf (DBD, 36.0%) and Global Business Travel (GBTG, 15.2%). Compared with Q2 2024, it sold out of 2, added to 1 and reduced 2. The biggest buy was Claritev (CTEV, shares +13%) and the biggest sale an exit from Western Asst Infl-LNK Opp (WIW).

Most Recent 13F
Q2 2026
Location
Santa Monica, CA
CIK
0001453885
Portfolio Value
$253.5M (Q3 2024)
SEC Filing
0001085146-24-005012 ↗ filed Oct 18, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $285.9M Q1 2024 Q2 2024: $265.7M Q2 2024 Q3 2024: $253.5M $253.5M Q3 2024 Q4 2024: $238.8M Q4 2024 Q1 2025: $236.8M Q1 2025 Q2 2025: $234.8M Q2 2025 Q3 2025: $215.0M Q3 2025 Q4 2025: $253.0M Q4 2025 Q1 2026: $253.0M Q1 2026 Q2 2026: $256.4M Q2 2026

Holdings 7 stocks · $253.5M
VEL Velocity Financial Inc. 42.83% 5,536,166 $108.6M No change
DBD Diebold Nixdorf Inc. 36.02% 2,044,276 $91.3M Reduce -6.3%
GBTG Global Business Travel Group 15.25% 5,026,367 $38.7M Reduce -28.8%
RITHM PPTY TR INC filed as GREAT AJAX CORP 4.16% 3,167,288 $10.5M No change
CTEV Claritev Corp. filed as MULTIPLAN CORPORATION 1.06% 352,400 $2.7M Add +12.7%
LLAP Terran Orbital Corp. 0.62% 6,301,168 $1.6M No change
DRAGONFLY ENERGY HOLDINGS CO 0.05% 249,095 $132K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $43.4M (not counted above)
SecurityClassShares / PrincipalValueChange
ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) NOTE 0.250% 6/1 · principal 49,734,000$43.4MAdd +139.5%

Total filed on the 13F, all lines: $296.9M.

Portfolio Sells Q2 2024 → Q3 2024
WIW Western Asst Infl-LNK Opp Sold out 0.00% −4.11
GBTG Global Business Travel Group Reduce -28.8% 15.25% −2.29
FYBR Frontier Communications Pare Sold out 0.00% −1.29
DBD Diebold Nixdorf Inc. Reduce -6.3% 36.02% +4.42

Portfolio Buys Q2 2024 → Q3 2024
CTEV Claritev Corp. Add +12.7% 1.06% −0.77

Notes & Other Activity Q2 2024 → Q3 2024
ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) NOTE 0.250% 6/1 · principal Add +139.5% 49,734,000 $43.4M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 10$256.4MVEL, DBD, CTEV, FOA, FSK
Q1 2026 8$253.0MVEL, DBD, FSK, FOA, CTEV
Q4 2025 6$253.0MVEL, DBD, CTEV, FOA, KREF
Q3 2025 9$215.0MVEL, DBD, CTEV, ACHC, GBTG
Q2 2025 8$234.8MVEL, DBD, CTEV, FOA, ACHC
Q1 2025 8$236.8MVEL, DBD, GBTG, ACHC, FOA
Q4 2024 7$238.8MVEL, DBD, GBTG, ACHC, RITHM PPTY TR INC
Q3 2024 7$253.5MVEL, DBD, GBTG, RITHM PPTY TR INC, CTEV
Q2 2024 9$265.7MVEL, DBD, GBTG, RITHM PPTY TR INC, WIW
Q1 2024 11$285.9MVEL, DBD, GBTG, RITHM PPTY TR INC, WIW