Callodine Capital Management LP's Q1 2024 13F is in
Form 13F-HR for the quarter ended Mar 31, 2024 · filed May 14, 2024 · 37 reported positions · accession 0001085146-24-002466
This filing covers a somewhat different set of reporting entities than the fund's prior filing, so a few of the changes below may reflect that rather than trading.
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | TECK RESOURCES LTD (TECK) | — | 2.6% | +2.6 pts | +230K sh | new |
| Exited | PERRIGO CO PLC (PRGO) | 2.6% | — | −2.6 pts | −300K sh | −100% |
| Exited | ELEVANCE HEALTH INC (ELV) | 2.2% | — | −2.2 pts | −17,500 sh | −100% |
| Increased | UGI CORP NEW (UGI) | 1.3% | 3.3% | +2.0 pts | +350K sh | +175% |
| New | PERDOCEO ED CORP (PRDO) | — | 1.9% | +1.9 pts | +457K sh | new |
| Reduced | CHUBB LIMITED (CB) | 2.7% | 0.9% | −1.8 pts | −30,500 sh | −67% |
| Exited | CROWN CASTLE INC (CCI) | 1.9% | — | −1.9 pts | −61,250 sh | −100% |
| Increased | ATLANTICA SUSTAINABLE INFR P (AY) | 3.7% | 4.6% | +0.9 pts | +384K sh | +59% |
| Reduced | RADIAN GROUP INC (RDN) | 2.1% | 0.6% | −1.5 pts | −209K sh | −75% |
| Increased | SS&C TECHNOLOGIES HLDGS INC (SSNC) | 1.9% | 3.2% | +1.4 pts | +90,607 sh | +79% |
| New | GAMING & LEISURE PPTYS INC (GLPI) | — | 1.4% | +1.4 pts | +125K sh | new |
| Reduced | KKR & CO INC (KKR) | 3.2% | 2.4% | −0.7 pts | −45,000 sh | −31% |
| New | NUVEEN CHURCHILL DIRECT LEND (NCDL) | — | 1.1% | +1.1 pts | +246K sh | new |
| Exited | BLUE OWL CAPITAL CORPORATION (OBDC) | 1.0% | — | −1.0 pts | −260K sh | −100% |
| New | ALLIANCEBERNSTEIN HLDG L P (AB) | — | 0.9% | +0.9 pts | +111K sh | new |
| Exited | STMICROELECTRONICS N V (STM) | 0.9% | — | −0.9 pts | −65,000 sh | −100% |
| Increased | SANOFI (SNY) | 3.9% | 4.4% | +0.4 pts | +69,189 sh | +23% |
| Increased | ARES CAPITAL CORP (ARCC) | 1.3% | 2.0% | +0.7 pts | +150K sh | +60% |
| Reduced | SIXTH STREET SPECIALTY LENDI (TSLX) | 6.9% | 5.5% | −1.3 pts | −134K sh | −11% |
| Reduced | VIATRIS INC (VTRS) | 7.2% | 6.7% | −0.6 pts | −220K sh | −9% |
| Increased | DOUGLAS EMMETT INC (DEI) | 3.1% | 3.4% | +0.2 pts | +187K sh | +23% |
| Reduced | BLACKSTONE SECD LENDING FD (BXSL) | 4.7% | 4.3% | −0.4 pts | −73,503 sh | −11% |
| Reduced | GSK PLC (GSK) | 4.4% | 4.2% | −0.2 pts | −50,000 sh | −11% |
| Increased | CION INVT CORP (CION) | 1.3% | 1.7% | +0.3 pts | +175K sh | +39% |
| Reduced | FS KKR CAP CORP (FSK) | 2.6% | 1.9% | −0.8 pts | −100K sh | −20% |
| Reduced | BLUE OWL CAPITAL INC (OWL) | 4.2% | 4.5% | +0.2 pts | −95,695 sh | −9% |
| Reduced | BARINGS BDC INC (BBDC) | 4.8% | 4.4% | −0.5 pts | −193K sh | −9% |
| Increased | DUN & BRADSTREET HLDGS INC (DNB) | 0.3% | 0.6% | +0.3 pts | +150K sh | +150% |
| Increased | ENERGY TRANSFER L P (ET) | 2.1% | 2.5% | +0.4 pts | +85,000 sh | +15% |
| Exited | ALTIMMUNE INC (ALT) | 0.3% | — | −0.3 pts | −100K sh | −100% |
| New | PERELLA WEINBERG PARTNERS (PWP) | — | 0.3% | +0.3 pts | +79,474 sh | new |
| Increased | ALTRIA GROUP INC (MO) | 3.2% | 3.4% | +0.2 pts | +25,000 sh | +8% |
| Increased | SPECTRUM BRANDS HLDGS INC NE (SPB) | 4.7% | 5.1% | +0.4 pts | +12,137 sh | +5% |
| Increased | SHELL PLC (SHEL) | 3.2% | 3.3% | 0.0 pts | +15,000 sh | +8% |
| Increased | WOLVERINE WORLD WIDE INC (WWW) | 4.5% | 5.4% | +0.9 pts | +79,579 sh | +4% |
| Increased | BAXTER INTL INC (BAX) | 3.6% | 3.9% | +0.3 pts | +20,000 sh | +6% |
| Exited | KRAFT HEINZ CO (KHC) | 0.2% | — | −0.2 pts | −20,000 sh | −100% |
| Increased | GOLDMAN SACHS BDC INC (GSBD) | 2.5% | 2.5% | 0.0 pts | +50,000 sh | +8% |
| Reduced | GOLUB CAP BDC INC (GBDC) | 1.4% | 1.2% | −0.2 pts | −41,628 sh | −12% |
| Reduced | APOLLO GLOBAL MGMT INC (APO) | 3.0% | 3.2% | +0.2 pts | −2,500 sh | −2% |
| New | EMBRAER S.A. (EMBJ) | — | 0.1% | +0.1 pts | +10,000 sh | new |
| Reduced | NATIONAL STORAGE AFFILIATES (NSA) | 2.6% | 2.2% | −0.4 pts | −2,600 sh | −1% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 49.1% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | VIATRIS INC (VTRS) | 7.2% | 6.7% | |
| 2 | SIXTH STREET SPECIALTY LENDI (TSLX) | 6.9% | 5.5% | |
| 3 | WOLVERINE WORLD WIDE INC (WWW) | 4.5% | 5.4% | |
| 4 | SPECTRUM BRANDS HLDGS INC NE (SPB) | 4.7% | 5.1% | |
| 5 | ATLANTICA SUSTAINABLE INFR P (AY) | 3.7% | 4.6% | |
| 6 | BLUE OWL CAPITAL INC (OWL) | 4.2% | 4.5% | |
| 7 | BARINGS BDC INC (BBDC) | 4.8% | 4.4% | |
| 8 | SANOFI (SNY) | 3.9% | 4.4% | |
| 9 | BLACKSTONE SECD LENDING FD (BXSL) | 4.7% | 4.3% | |
| 10 | GSK PLC (GSK) | 4.4% | 4.2% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).