Beach Point Capital Management LP In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Beach Point Capital Management LP reported 8 stock positions worth $234.8 million . Its top holding was Velocity Financial (VEL) at 41.9% of the portfolio, followed by Diebold Nixdorf (DBD, 37.1% ) and Claritev (CTEV, 8.0% ). Compared with Q1 2025, it added to 1 and reduced 5. The biggest buy was Claritev (CTEV, shares +8% ) and the biggest sale Global Business Travel (GBTG, shares −63% ).
Location Santa Monica, CA
CIK 0001453885
Portfolio Value $234.8M (Q2 2025) Holdings 8 stocks · $234.8M Holdings quarter Q2 2026 Q1 2026 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 2025 VEL Velocity Financial Inc. 5,300,859 $98.3M Reduce -3.5% DBD Diebold Nixdorf Inc. 1,570,530 $87.0M Reduce -16.8% CTEV Claritev Corp. 418,081 $18.9M Add +7.6% FOA Finance of America Cos Inc. Class A 469,390 $10.9M Reduce -1.4% ACHC Acadia Healthcare Co. Inc. 355,540 $8.1M No change RITHM PPTY TR INC 2,514,681 $6.8M Reduce -3.5% GBTG Global Business Travel Group 770,143 $4.9M Reduce -63.0% DRAGONFLY ENERGY HOLDINGS CO 27,677 $5K No change
Options reported separately and not counted above: HYG puts ($3.0M), AGNC puts ($665K), HYG calls ($530K), SLM puts ($301K), SPY puts ($69K), XHB puts ($66K), QQQ puts ($55K), RC calls ($17K), ABR calls ($3K), RITM puts ($3K), COIN puts ($200).
Portfolio Sells Q1 2025 → Q2 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▲ GBTG Global Business Travel Group Reduce -63.0% 2.07% −4.32 VEL Velocity Financial Inc. Reduce -3.5% 41.85% −1.53 RITHM PPTY TR INC Reduce -3.5% 2.89% −0.27 FOA Finance of America Cos Inc. Class A Reduce -1.4% 4.66% +0.39 DBD Diebold Nixdorf Inc. Reduce -16.8% 37.05% +2.20
Portfolio Buys Q1 2025 → Q2 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▼ CTEV Claritev Corp. Add +7.6% 8.04% +4.65
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Add +3351.5% 4,600,800 $3.0M AGNC AGNC Investment Corp. put New 5,579,400 $665K HYG Ishr Ibx Usd Hiyld CB ETF-Ui call Add +3.8% 7,716,800 $530K JBBB Janus Henderson B-BBB Clo Et put Sold out 690,300 $484Kbefore exit SLM SLM Corp. put Reduce -46.1% 161,800 $301K SPY SS SPDR S&P 500 ETF Trust-US put Reduce -25.0% 75,000 $69K XHB SS SPDR S&P Homebldrs ETF put New 123,000 $66K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025 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