Beach Point Capital Management LP

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 22, 2025), Beach Point Capital Management LP reported 9 stock positions worth $215.0 million. Its top holding was Velocity Financial (VEL) at 45.4% of the portfolio, followed by Diebold Nixdorf (DBD, 36.0%) and Claritev (CTEV, 10.5%). Compared with Q2 2025, it opened 1 new position, added to 2 and reduced 4. The biggest buy was Velocity Financial (VEL, shares +1%) and the biggest sale Finance of America Cos Class A (FOA, shares −74%).

Most Recent 13F
Q2 2026
Location
Santa Monica, CA
CIK
0001453885
Portfolio Value
$215.0M (Q3 2025)
SEC Filing
0001453885-25-000002 ↗ filed Oct 22, 2025

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 Q3 2024 Q4 2024: $238.8M Q4 2024 Q1 2025: $236.8M Q1 2025 Q2 2025: $234.8M Q2 2025 Q3 2025: $215.0M $215.0M Q3 2025 Q4 2025: $253.0M Q4 2025 Q1 2026: $253.0M Q1 2026 Q2 2026: $256.4M Q2 2026

Holdings 9 stocks · $215.0M
VEL Velocity Financial Inc. 45.36% 5,377,451 $97.5M Add +1.4%
DBD Diebold Nixdorf Inc. 35.98% 1,356,777 $77.4M Reduce -13.6%
CTEV Claritev Corp. 10.51% 425,578 $22.6M Add +1.8%
ACHC Acadia Healthcare Co. Inc. 4.09% 355,540 $8.8M No change
GBTG Global Business Travel Group 1.82% 483,197 $3.9M Reduce -37.3%
FOA Finance of America Cos Inc. Class A 1.25% 120,063 $2.7M Reduce -74.4%
RITHM PPTY TR INC 0.58% 494,985 $1.2M Reduce -80.3%
WW WW International Inc.-New filed as WW INTL INC 0.40% 31,152 $852K New
DRAGONFLY ENERGY HOLDINGS CO 0.01% 27,677 $16K No change

Options reported separately and not counted above: HYG puts ($2.8M), SLM puts ($2.7M), AGNC puts ($436K), SPY puts ($18K), QQQ puts ($14K), RC calls ($14K), RITM puts ($1K), ABR calls ($644), COIN puts ($300).

Portfolio Sells Q2 2025 → Q3 2025
FOA Finance of America Cos Inc. Class A Reduce -74.4% 1.25% −3.41
RITHM PPTY TR INC Reduce -80.3% 0.58% −2.31
DBD Diebold Nixdorf Inc. Reduce -13.6% 35.98% −1.07
GBTG Global Business Travel Group Reduce -37.3% 1.82% −0.25

Portfolio Buys Q2 2025 → Q3 2025
VEL Velocity Financial Inc. Add +1.4% 45.36% +3.51
CTEV Claritev Corp. Add +1.8% 10.51% +2.47
WW WW International Inc.-New New 0.40% +0.40

Options Activity Q2 2025 → Q3 2025
HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Add +73.9% 8,000,000 $2.8M
SLM SLM Corp. put Add +344.1% 718,500 $2.7M
HYG Ishr Ibx Usd Hiyld CB ETF-Ui call Sold out 7,716,800 $530Kbefore exit
AGNC AGNC Investment Corp. put Reduce -36.2% 3,561,900 $436K
XHB SS SPDR S&P Homebldrs ETF put Sold out 123,000 $66Kbefore exit
ABR Arbor Realty Trust Inc. call Reduce -37.5% 64,400 $644

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings 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