Beach Point Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
WLL
Whiting Petroleum Corporation
WLL
|
+$5.42M |
| 2 |
KDMN
Kadmon Holdings, Inc.
KDMN
|
+$2.3M |
| 3 |
CLR
CONTINENTAL RESOURCES INC.
CLR
|
+$790K |
| 4 |
Diamondback Energy
FANG
|
+$779K |
| 5 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$759K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$15.6M |
| 2 |
Liberty Latin America Class C
LILAK
|
+$2.86M |
| 3 |
Liberty Latin America Class A
LILA
|
+$2.84M |
| 4 |
PSG
Performance Sports Group Ltd.
PSG
|
+$1.09M |
| 5 |
ProShares Short 20+ Year Treasury ETF
TBF
|
+$682K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 37.1% |
| 2 | Consumer Discretionary | 23.2% |
| 3 | Energy | 14.59% |
| 4 | Healthcare | 12.06% |
| 5 | Industrials | 8.58% |
Similar funds
Beach Point Capital Management's Q3 2016 Portfolio in Review
As of Q3 2016, Beach Point Capital Management held 19 positions worth $187M, up 0.98% from $185M the previous quarter. Its ten largest holdings account for 94% of the portfolio.
Beach Point Capital Management withdrew a net $12.6M in Q3 2016, closing 2 positions and reducing 4 holdings. Its most notable exit was Liberty Latin America Class C, an estimated $2.86M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 37% of assets, down from 38% a quarter earlier, followed by Consumer Discretionary and Energy.
Against the trend, Beach Point Capital Management opened a new position in Kadmon Holdings, Inc. worth $1.48M.
- Beach Point Capital Management's largest Q3 2016 buy was Kadmon Holdings, Inc.: 252,015 shares worth $1.48M.
- Beach Point Capital Management added most to Whiting Petroleum Corporation in Q3 2016, an estimated $5.42M increase.
- Beach Point Capital Management's biggest Q3 2016 reduction was Horizon Therapeutics Public Limited Company Ordinary Shares, cutting an estimated $15.6M.
- Beach Point Capital Management fully exited Liberty Latin America Class C in Q3 2016, selling an estimated $2.86M.
- Beach Point Capital Management's ten largest holdings make up 94% of its $187M portfolio in Q3 2016.
- Beach Point Capital Management opened 5 new positions and closed 2 in Q3 2016.
- Beach Point Capital Management's portfolio value rose 0.98% quarter-over-quarter to $187M.
Based on Beach Point Capital Management's 13F filing for Q3 2016, filed 10 Nov 2016.