Beach Point Capital Management LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 30, 2025), Beach Point Capital Management LP reported 7 stock positions worth $238.8 million. Its top holding was Velocity Financial (VEL) at 43.2% of the portfolio, followed by Diebold Nixdorf (DBD, 34.0%) and Global Business Travel (GBTG, 10.6%). Compared with Q3 2024, it opened 1 new position, sold out of 1, added to 1 and reduced 3. The biggest buy was a new position in Acadia Healthcare (ACHC) and the biggest sale Global Business Travel (GBTG, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- Santa Monica, CA
- CIK
- 0001453885
- Portfolio Value
- $238.8M (Q4 2024)
- SEC Filing
- 0001085146-25-000633 ↗ filed Jan 30, 2025
Holdings Value
Holdings 7 stocks · $238.8M
| VEL Velocity Financial Inc. | 43.17% | 5,270,737 | $103.1M | Reduce -4.8% |
| DBD Diebold Nixdorf Inc. | 34.02% | 1,887,929 | $81.3M | Reduce -7.7% |
| GBTG Global Business Travel Group | 10.55% | 2,716,263 | $25.2M | Reduce -46.0% |
| ACHC Acadia Healthcare Co. Inc. | 5.90% | 355,540 | $14.1M | New |
| RITHM PPTY TR INC | 3.94% | 3,167,288 | $9.4M | No change |
| CTEV Claritev Corp. filed as MULTIPLAN CORPORATION | 2.38% | 384,982 | $5.7M | Add +9.3% |
| DRAGONFLY ENERGY HOLDINGS CO | 0.03% | 27,677 | $77K | No change |
Options reported separately and not counted above: CVNA puts ($209.4M), XLF puts ($91.8M), SOFI puts ($60.1M), SPY puts ($58.6M), ARCC puts ($48.2M), HYG calls ($39.3M), COOP puts ($28.8M), QQQ puts ($25.6M), HYG puts ($21.3M), AFRM puts ($13.2M), UPST puts ($12.3M), ABR puts ($11.8M), and 11 more.
Other holdings (1): bonds, preferreds, convertibles and warrants · $40.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | 45,550,000 | $40.3M | Reduce -8.4% |
Total filed on the 13F, all lines: $279.1M.
Portfolio Sells Q3 2024 → Q4 2024
Portfolio Buys Q3 2024 → Q4 2024
Options Activity Q3 2024 → Q4 2024
| CVNA Carvana Co. | put | New | 1,029,500 | $209.4M |
| XLF SS Financial Select Sector | put | New | 1,900,000 | $91.8M |
| SOFI Sofi Technologies Inc. | put | New | 3,899,600 | $60.1M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 100,000 | $58.6M |
| ARCC Ares Capital Corp. | put | New | 2,200,200 | $48.2M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | call | New | 500,000 | $39.3M |
| COOP Mr Cooper Group Inc. | put | New | 300,000 | $28.8M |
| QQQ Invesco QQQ Trust Series 1 | put | New | 50,000 | $25.6M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | New | 271,400 | $21.3M |
| AFRM Affirm Holdings Inc. | put | New | 217,200 | $13.2M |
| UPST Upstart Holdings Inc. | put | New | 200,000 | $12.3M |
| ABR Arbor Realty Trust Inc. | put | New | 850,300 | $11.8M |
| SLM SLM Corp. | put | New | 300,000 | $8.3M |
| BXSL Blackstone Secured Lending F | put | New | 249,000 | $8.0M |
| AGNC AGNC Investment Corp. | put | New | 811,400 | $7.5M |
| VEL Velocity Financial Inc. | call | New | 206,100 | $4.0M |
| ABR Arbor Realty Trust Inc. | call | New | 282,200 | $3.9M |
| UWMC Uwm Holdings Corp. | put | New | 622,600 | $3.7M |
| COIN Coinbase Global Inc. Class A | put | New | 10,000 | $2.5M |
| OPEN Opendoor Technologies Inc. | put | New | 900,000 | $1.4M |
| BXMT Blackstone Mortgage Tru Class A | put | New | 77,000 | $1.3M |
| HTGC Hercules Capital Inc. | put | New | 30,600 | $615K |
| RITM Rithm Capital Corp. | put | New | 25,200 | $273K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | Reduce -8.4% | 45,550,000 | $40.3M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |