Callodine Capital Management LP's Q4 2024 13F: 7 new positions, 7 exits
Form 13F-HR for the quarter ended Dec 31, 2024 · filed Feb 13, 2025 · 42 reported positions · accession 0001085146-25-001309
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | GLOBAL PMTS INC (GPN) | — | 3.5% | +3.5 pts | +150K sh | new |
| Exited | DOUGLAS EMMETT INC (DEI) | 3.2% | — | −3.2 pts | −873K sh | −100% |
| New | MATCH GROUP INC NEW (MTCH) | — | 3.1% | +3.1 pts | +458K sh | new |
| Reduced | ALLIANCEBERNSTEIN HLDG L P (AB) | 3.4% | 1.4% | −2.0 pts | −280K sh | −61% |
| Increased | SPECTRUM BRANDS HLDGS INC NE (SPB) | 8.1% | 9.2% | +1.1 pts | +121K sh | +30% |
| Reduced | BLUE OWL CAPITAL INC (OWL) | 6.2% | 5.4% | −0.8 pts | −400K sh | −26% |
| Reduced | WOLVERINE WORLD WIDE INC (WWW) | 8.5% | 8.7% | +0.2 pts | −411K sh | −18% |
| New | CAPITAL ONE FINL CORP (COF) | — | 1.8% | +1.8 pts | +50,000 sh | new |
| Exited | APOLLO GLOBAL MGMT INC (APO) | 1.7% | — | −1.7 pts | −65,000 sh | −100% |
| Reduced | M & T BK CORP (MTB) | 3.0% | 1.6% | −1.4 pts | −38,729 sh | −48% |
| Increased | AFFILIATED MANAGERS GROUP IN (AMG) | 0.5% | 1.9% | +1.4 pts | +37,500 sh | +300% |
| Exited | HUMANA INC (HUM) | 1.1% | — | −1.1 pts | −16,000 sh | −100% |
| New | SHOALS TECHNOLOGIES GROUP IN (SHLS) | — | 0.9% | +0.9 pts | +800K sh | new |
| Increased | ENERGY TRANSFER L P (ET) | 2.1% | 3.4% | +1.3 pts | +225K sh | +36% |
| Exited | TWO HBRS INVT CORP (TWO) | 0.9% | — | −0.9 pts | −300K sh | −100% |
| Reduced | RAYMOND JAMES FINL INC (RJF) | 1.3% | 0.8% | −0.5 pts | −25,000 sh | −50% |
| Increased | ARRAY TECHNOLOGIES INC (ARRY) | 0.1% | 0.9% | +0.8 pts | +641K sh | +855% |
| Exited | SPIRE INC (SR) | 0.7% | — | −0.7 pts | −50,000 sh | −100% |
| Increased | GSK PLC (GSK) | 5.2% | 4.9% | −0.3 pts | +95,000 sh | +16% |
| Increased | ALGONQUIN PWR UTILS CORP (AQN) | 2.3% | 2.4% | +0.1 pts | +600K sh | +30% |
| Increased | PERDOCEO ED CORP (PRDO) | 2.2% | 3.0% | +0.9 pts | +95,036 sh | +21% |
| Reduced | BAXTER INTL INC (BAX) | 5.8% | 3.9% | −1.9 pts | −85,000 sh | −12% |
| Increased | UGI CORP NEW (UGI) | 1.5% | 2.2% | +0.7 pts | +86,350 sh | +29% |
| Reduced | BARINGS BDC INC (BBDC) | 1.1% | 0.6% | −0.5 pts | −253K sh | −46% |
| Increased | MIDCAP FINANCIAL INVSTMNT CO (MFIC) | 0.3% | 0.7% | +0.4 pts | +153K sh | +164% |
| Reduced | ALTRIA GROUP INC (MO) | 1.5% | 1.1% | −0.4 pts | −39,075 sh | −28% |
| Increased | WALGREENS BOOTS ALLIANCE INC (WBA) | 1.6% | 2.0% | +0.4 pts | +206K sh | +25% |
| Exited | GCM GROSVENOR INC (GCMG) | 0.4% | — | −0.4 pts | −150K sh | −100% |
| New | PLAINS ALL AMERN PIPELINE L (PAAPU) | — | 0.4% | +0.4 pts | +100K sh | new |
| Reduced | CION INVT CORP (CION) | 1.6% | 1.2% | −0.4 pts | −125K sh | −20% |
| Exited | BAIN CAP SPECIALTY FIN INC (BCSF) | 0.3% | — | −0.3 pts | −75,826 sh | −100% |
| Reduced | TXNM ENERGY INC (PNM) | 1.4% | 1.3% | −0.1 pts | −23,544 sh | −16% |
| Reduced | ARES CAPITAL CORP (ARCC) | 1.1% | 0.9% | −0.2 pts | −50,000 sh | −20% |
| Increased | VIATRIS INC (VTRS) | 6.6% | 7.1% | +0.6 pts | +87,871 sh | +3% |
| Increased | GENESIS ENERGY L P (GEL) | 0.7% | 0.7% | 0.0 pts | +100K sh | +40% |
| Increased | SANOFI (SNY) | 4.4% | 3.8% | −0.6 pts | +20,000 sh | +5% |
| Reduced | FS KKR CAP CORP (FSK) | 2.0% | 2.0% | 0.0 pts | −37,938 sh | −8% |
| New | SEALED AIR CORP NEW (SEE) | — | 0.1% | +0.1 pts | +20,000 sh | new |
| New | DELEK US HLDGS INC NEW (DK) | — | 0.1% | +0.1 pts | +35,000 sh | new |
| Increased | CHIMERA INVT CORP (CIM) | 1.4% | 1.3% | −0.1 pts | +40,000 sh | +10% |
| Reduced | SIXTH STREET SPECIALTY LENDI (TSLX) | 4.7% | 4.7% | 0.0 pts | −25,000 sh | −2% |
| Reduced | GOLUB CAP BDC INC (GBDC) | 1.8% | 1.6% | −0.1 pts | −28,314 sh | −5% |
| Reduced | JACK IN THE BOX INC (JACK) | 3.1% | 2.6% | −0.4 pts | −8,120 sh | −3% |
| Reduced | SS&C TECHNOLOGIES HLDGS INC (SSNC) | 2.1% | 2.0% | 0.0 pts | −2,500 sh | −2% |
| Reduced | UNITED PARCEL SERVICE INC (UPS) | 0.6% | 0.6% | −0.1 pts | −351 sh | −2% |
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 — 54.7% of the equity book
Changes in the top 10 this quarter: GPN entered · ET entered · AB left · DEI left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SPECTRUM BRANDS HLDGS INC NE (SPB) | 8.1% | 9.2% | |
| 2 | WOLVERINE WORLD WIDE INC (WWW) | 8.5% | 8.7% | |
| 3 | VIATRIS INC (VTRS) | 6.6% | 7.1% | |
| 4 | BLUE OWL CAPITAL INC (OWL) | 6.2% | 5.4% | |
| 5 | GSK PLC (GSK) | 5.2% | 4.9% | |
| 6 | SIXTH STREET SPECIALTY LENDI (TSLX) | 4.7% | 4.7% | |
| 7 | BAXTER INTL INC (BAX) | 5.8% | 3.9% | |
| 8 | SANOFI (SNY) | 4.4% | 3.8% | |
| 9 | GLOBAL PMTS INC (GPN) | 0.0% | 3.5% | Entered the top 10 |
| 10 | ENERGY TRANSFER L P (ET) | 2.1% | 3.4% | Entered the top 10 |
| — | ALLIANCEBERNSTEIN HLDG L P (AB) | 3.4% | 1.4% | Left the top 10 |
| — | DOUGLAS EMMETT INC (DEI) | 3.2% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).