Glendon Capital Management LP
Glendon Capital Management LP is an investment management firm headquartered in Santa Monica, California. Founded by seasoned partners Mike Keegan, Chris Delaney, and Eitan Melamed, the firm caters to institutional investors with a focus in the investment management industry. It employs approximately 11 people and is classified under NAICS code 523110.
Investment Strategy
Glendon Capital Management focuses on value-oriented, opportunistic investing across credit, distressed, and special situations. The firm seeks to identify dislocated assets and mispriced opportunities, applying deep research and a flexible mandate across industries and geographies to generate attractive risk-adjusted returns for institutional clients.
Latest 13F Filing Activity
Glendon Capital Management LP filed their most recent 13F report on Jun 30, 2025 disclosing 23 equity positions with a total 13F market value of $2B. The fund increased holdings in NRG Energy Inc., Vistra Corp., Diebold Nixdorf Inc. among other positions. Glendon Capital Management LP reduced exposure to Talen Energy Corp., National Cinemedia Inc., Gohealth Inc. among others.
Top Holdings
Equity Positions (23)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
F FYBR | FRONTIER COMMUNICATIONS PARE | 48.37% | $881.5M | 24,215,909 | $25.34 | $36.40 | +$13.1M |
E EXE | EXPAND ENERGY CORPORATION | 13.68% | $249.2M | 2,132,354 | $45.15 | $116.94 | +$12.0M |
V VST | VISTRA CORP | 6.98% | $127.3M | 656,732 | $40.14 | $193.81 | +$39.3M |
A ALLY | ALLY FINL INC | 5.31% | $96.8M | 2,485,472 | $24.97 | $38.95 | +$6.2M |
N NRG | NRG ENERGY INC | 5.25% | $95.8M | 596,351 | $46.88 | $160.58 | +$44.6M |