Glendon Capital Management LP — 13F Holdings & Portfolio
CIK 1604350 · latest 13F-HR filed 2026-05-11
Glendon Capital Management LP manages $805.2M in 13F-reported U.S. long-equity assets across 25 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are EXE (27.52%), VST (11.75%), NRG (10.40%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 3 new positions, exited 3, added to 5, and trimmed 10.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$805.2M
Long-equity book
25
Distinct positions
2026-03-31
Filed 2026-05-11
+3 / −3 / ↑5 / ↓10
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- STEALTHGAS INC$10.2M +30.8%
- BEACON FINANCIAL CORP$1.4M +13.8%
- NCR ATLEOS CORPORATION$784.9K +14.4%
- DIVERSIFIED ENERGY CO$50.3K +20.4%
- VALARIS LTD$31.3K +94.5%
Top Trims
- DIEBOLD NIXDORF INC-$37.2M -69.6%
- TALEN ENERGY CORP-$17.3M -17.4%
- NRG ENERGY INC-$16.6M -16.6%
- ALLY FINL INC-$12.6M -13.4%
- AFFIRM HLDGS INC-$7.5M -24.1%
Exited Positions
- FRONTIER COMMUNICATIONS PARE$796.3M
- TRAEGER INC$1.1M
- EXPAND ENERGY CORPORATION$929.6K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | EXPAND ENERGY CORPORATION | EXE | 165167735 | $221.6M | 27.52% | 2,019,894 | SH |
| 2 | VISTRA CORP | VST | 92840M102 | $94.6M | 11.75% | 629,359 | SH |
| 3 | NRG ENERGY INC | NRG | 629377508 | $83.7M | 10.40% | 572,985 | SH |
| 4 | TALEN ENERGY CORP | TLN | 87422Q109 | $82.0M | 10.19% | 257,024 | SH |
| 5 | ALLY FINL INC | ALLY | 02005N100 | $81.7M | 10.15% | 2,083,219 | SH |
| 6 | ENACT HLDGS INC | ACT | 29249E109 | $53.0M | 6.58% | 1,298,718 | SH |
| 7 | STEALTHGAS INC | GASS | Y81669106 | $43.5M | 5.40% | 4,739,902 | SH |
| 8 | WESBANCO INC | WSBC | 950810101 | $31.4M | 3.89% | 909,091 | SH |
| 9 | CHORD ENERGY CORPORATION | CHRD | 674215207 | $26.7M | 3.32% | 187,840 | SH |
| 10 | AFFIRM HLDGS INC | AFRM | 00827B106 | $23.6M | 2.93% | 514,100 | SH |
| 11 | DIEBOLD NIXDORF INC | DBD | 253651202 | $16.3M | 2.02% | 215,568 | SH |
| 12 | BEACON FINANCIAL CORP | BBT | 084680107 | $11.4M | 1.42% | 381,184 | SH |
| 13 | CINEMARK HLDGS INC | CNK | 17243V102 | $7.4M | 0.92% | 259,563 | SH |
| 14 | NCR ATLEOS CORPORATION | NATL | 63001N106 | $6.3M | 0.78% | 143,500 | SH |
| 15 | FIVE POINT HOLDINGS LLC | FPH | 33833Q106 | $5.6M | 0.70% | 1,158,162 | SH |
| 16 | NATIONAL CINEMEDIA INC | NCMI | 635309206 | $5.1M | 0.64% | 1,678,903 | SH |
| 17 | OCEANFIRST FINL CORP | OCFC | 675234108 | $5.0M | 0.62% | 275,500 | SH |
| 18 | KILROY REALTY CORP | KRC | 49427F108 | $2.2M | 0.28% | 79,449 | SH |
| 19 | TRAEGER INC | COOK | 89269P202 | $1.1M | 0.14% | 37,960 | SH |
| 20 | AFFIRM HLDGS INC | AFRM | 00827BAB2 | $1.0M | 0.13% | 1,074,000 | PRN |
| 21 | SERVICE PPTYS TR | SVC | 81761L102 | $938.1K | 0.12% | 692,346 | SH |
| 22 | THE BEAUTY HEALTH COMPANY | SKIN | 88331L108 | $566.9K | 0.07% | 636,954 | SH |
| 23 | DIVERSIFIED ENERGY CO | DEC | 25520W107 | $296.6K | 0.04% | 17,009 | SH |
| 24 | VALARIS LTD | VAL | G9460G101 | $64.5K | 0.01% | 658 | SH |
| 25 | EPR PPTYS | EPRPC | 26884U208 | $22.6K | 0.00% | 1,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-11 | $805.2M | 25 | 0001604350-26-000013 |
| 2025-12-31 | 2026-02-12 | $1.68B | 25 | 0001604350-26-000008 |
| 2025-09-30 | 2025-11-12 | $1.83B | 24 | 0001604350-25-000032 |