Beach Point Capital Management LP
Long book
$253.0M
Q1 2026
Positions
8
Top-10 weight
100%
concentration
Last quarter
+14.3%
SPY +14.8%
Turnover
25%
of book per quarter
Strategy in plain words
auto-generated from filingsBeach Point Capital Management LP is a concentrated fundamental stock-picker, specialised in financials (64% of the long book), running a $253.0M US long book across 8 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: VELOCITY FINANCIAL INC, DIEBOLD NIXDORF INC, FS KKR CAPITAL CORP, FINANCE OF AMERICA COS INC-A, CLARITEV CORP.
Over the last 9 quarters its long book ran on average 0.2pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+6.1%
Q2 2024
+12.9%
Q3 2024
+2.9%
Q4 2024
-4.3%
Q1 2025
+11.7%
Q2 2025
+2.4%
Q3 2025
+9.7%
Q4 2025
-13.6%
Q1 2026
+14.3%
Sector allocation
Financials 53%
Technology 24%
Other 18%
Services media 5%
Long book by quarter
What does Beach Point own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| VEL VELOCITY FINANCIAL INC | Financials | 6.6M | $118.6M | 46.9% | +9.4% |
| DBD DIEBOLD NIXDORF INC | Technology | 800.7K | $60.4M | 23.9% | -27.2% |
| FSK FS KKR CAPITAL CORP | — | 3.1M | $31.9M | 12.6% | New |
| FOA FINANCE OF AMERICA COS INC-A | Financials | 927.8K | $15.4M | 6.1% | +17.5% |
| CTEV CLARITEV CORP | Services media | 795.3K | $13.0M | 5.1% | +5.3% |
| OCSL OAKTREE SPECIALTY LENDING CO | — | 1.1M | $12.6M | 5.0% | New |
| WW WW INTERNATIONAL INC-NEW | Services media | 31.2K | $428K | 0.2% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 11 | $254.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 17 | $258.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 22, 2025 | 18 | $221.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 30, 2025 | 19 | $239.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 19 | $283.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 30, 2025 | 31 | $941.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 18, 2024 | 8 | $296.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 23, 2024 | 10 | $282.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 24, 2024 | 11 | $285.9M | canonical | SEC ↗ |