Beach Point Capital Management LP In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Beach Point Capital Management LP reported 6 stock positions worth $253.0 million . Its top holding was Velocity Financial (VEL) at 49.2% of the portfolio, followed by Diebold Nixdorf (DBD, 29.5% ) and Claritev (CTEV, 12.8% ). Compared with Q3 2025, it opened 1 new position, sold out of 4, added to 3 and reduced 1. The biggest buy was Finance of America Cos Class A (FOA, shares +557% ) and the biggest sale Diebold Nixdorf (DBD, shares −19% ).
Location Santa Monica, CA
CIK 0001453885
Portfolio Value $253.0M (Q4 2025) Holdings 6 stocks · $253.0M 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 Q3 2025 VEL Velocity Financial Inc. 5,995,466 $124.5M Add +11.5% DBD Diebold Nixdorf Inc. 1,099,502 $74.6M Reduce -19.0% CTEV Claritev Corp. 755,002 $32.3M Add +77.4% FOA Finance of America Cos Inc. Class A 789,399 $19.1M Add +557.5% KREF KKR Real Estate Finance Trus 198,743 $1.6M New WW WW International Inc.-New filed as WW INTL INC 31,152 $910K No change
Options reported separately and not counted above: VEL calls ($2.1M), HYG puts ($2.0M), HYG calls ($465K), AGNC puts ($327K), SLM puts ($256K), FXI puts ($179K), EEM puts ($72K), RC calls ($25K), HTGC puts ($12K), SPY puts ($750), QQQ puts ($500).
Portfolio Sells Q3 2025 → Q4 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 Q3 2025 % Of Portfolio Change To Portfolio ▲ DBD Diebold Nixdorf Inc. Reduce -19.0% 29.50% −6.49 ACHC Acadia Healthcare Co. Inc. Sold out 0.00% −4.09 GBTG Global Business Travel Group Sold out 0.00% −1.82 RITHM PPTY TR INC Sold out 0.00% −0.58 DRAGONFLY ENERGY HOLDINGS CO Sold out 0.00% −0.01
Portfolio Buys Q3 2025 → Q4 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 Q3 2025 % Of Portfolio Change To Portfolio ▼ FOA Finance of America Cos Inc. Class A Add +557.5% 7.55% +6.30 VEL Velocity Financial Inc. Add +11.5% 49.19% +3.82 CTEV Claritev Corp. Add +77.4% 12.76% +2.25 KREF KKR Real Estate Finance Trus New 0.65% +0.65
Options Activity Q3 2025 → Q4 2025 Security Type Change vs Q3 2025 Underlying Shares Value ▼ VEL Velocity Financial Inc. call New 952,100 $2.1M HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Reduce -40.5% 4,764,200 $2.0M HYG Ishr Ibx Usd Hiyld CB ETF-Ui call New 6,910,500 $465K AGNC AGNC Investment Corp. put Add +48.2% 5,279,700 $327K SLM SLM Corp. put Add +77.8% 1,277,600 $256K FXI iShares China Large-Cap ETF put New 1,627,000 $179K EEM iShares MSCI Emerging Market put New 600,000 $72K RC Ready Capital Corp. call Add +46.8% 500,000 $25K HTGC Hercules Capital Inc. put New 40,200 $12K RITM Rithm Capital Corp. put Sold out 25,200 $1Kbefore exit ABR Arbor Realty Trust Inc. call Sold out 64,400 $644before exit COIN Coinbase Global Inc. Class A put Sold out 10,000 $300before exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings 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