Glendon Capital Management LP
CIK:0001604350
Hedge Fund
$25B AUM
24 holdings
Santa Monica, CA, United States
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.
Top Buys
N
NRGNRG ENERGY INC+$44.6M
V
VSTVISTRA CORP+$39.3M
D
DBDDIEBOLD NIXDORF INC+$20.3M
F
FYBRFRONTIER COMMUNICATIONS PARE+$13.1M
E
EXEEXPAND ENERGY CORPORATION+$12.0M
Top Sells
T
TLNTALEN ENERGY CORP-$59.5M
N
NCMINATIONAL CINEMEDIA INC-$1.7M
G
GOCOGOHEALTH INC-$348.1K
F
FPHFIVE POINT HOLDINGS LLC-$319.6K
B
BHLBBERKSHIRE HILLS BANCORP INC-$181.0K
Top Holdings
F
FYBRFRONTIER COMMUNICATIONS PARE+48.4%$881.5M
E
EXEEXPAND ENERGY CORPORATION+13.7%$249.2M
V
VSTVISTRA CORP+7.0%$127.3M
A
ALLYALLY FINL INC+5.3%$96.8M
N
NRGNRG ENERGY INC+5.3%$95.8M
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 |
Industry Allocation
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
+48.4%
ELECTRIC SERVICES
+16.9%
CRUDE PETROLEUM & NATURAL GAS
+15.3%
STATE COMMERCIAL BANKS
+5.3%
CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS)
+4.7%