Beach Point Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
MGP
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
|
+$6.04M |
| 2 |
PSG
Performance Sports Group Ltd.
PSG
|
+$4.68M |
| 3 |
Liberty Latin America Class C
LILAK
|
+$2.29M |
| 4 |
Liberty Latin America Class A
LILA
|
+$2.18M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
INXN
Interxion Holding N.V.
INXN
|
+$18.8M |
| 2 |
ZAYO
Zayo Group Holdings, Inc.
ZAYO
|
+$9.63M |
| 3 |
Liberty Global Class C
LBTYK
|
+$7.09M |
| 4 |
Liberty Global Class A
LBTYA
|
+$7.05M |
| 5 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$2.48M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 38.21% |
| 2 | Consumer Discretionary | 20.63% |
| 3 | Healthcare | 17.43% |
| 4 | Energy | 10.23% |
| 5 | Industrials | 8.54% |
Similar funds
Beach Point Capital Management's Q2 2016 Portfolio in Review
As of Q2 2016, Beach Point Capital Management held 15 positions worth $185M, down 17% from $222M the previous quarter. Its ten largest holdings account for 93% of the portfolio.
Beach Point Capital Management withdrew a net $33.8M in Q2 2016, closing 1 position and reducing 10 holdings. Its most notable exit was Interxion Holding N.V., an estimated $18.8M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 38% of assets, down from 52% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Beach Point Capital Management opened a new position in MGM Growth Properties LLC Class A common shares representing limited liability company interests worth $6.78M.
- Beach Point Capital Management's largest Q2 2016 buy was MGM Growth Properties LLC Class A common shares representing limited liability company interests: 254,083 shares worth $6.78M.
- Beach Point Capital Management added most to Liberty Latin America Class C in Q2 2016, an estimated $2.29M increase.
- Beach Point Capital Management's biggest Q2 2016 reduction was Zayo Group Holdings, Inc., cutting an estimated $9.63M.
- Beach Point Capital Management fully exited Interxion Holding N.V. in Q2 2016, selling an estimated $18.8M.
- Beach Point Capital Management's ten largest holdings make up 93% of its $185M portfolio in Q2 2016.
- Beach Point Capital Management opened 2 new positions and closed 1 in Q2 2016.
- Beach Point Capital Management's portfolio value fell 17% quarter-over-quarter to $185M.
Based on Beach Point Capital Management's 13F filing for Q2 2016, filed 12 Aug 2016.