Glendon Capital Management LP — 13F Holdings & Portfolio

CIK 1604350 · latest 13F-HR filed 2026-08-12

Glendon Capital Management LP manages $772.6M in 13F-reported U.S. long-equity assets across 26 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are EXE (23.83%), NRG (13.47%), ALLY (12.39%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions, exited 1, added to 12, and trimmed 8.

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.

Filer Information
Address
2425 OLYMPIC BLVD, SUITE 500E
SANTA MONICA, CA 90404
Phone
(310) 907-0450
Filing Manager
Glendon Capital Management LP
Santa Monica, CA
Signatory
Haig Maghakian
Chief Compliance Officer
Loading holdings…
AUM

$772.6M

Long-equity book

Holdings

26

Distinct positions

Period

2026-06-30

Filed 2026-08-12

Q/Q Activity

+2 / −1 / ↑12 / ↓8

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • NRG ENERGY INC$20.3M +24.3%
  • AFFIRM HLDGS INC$18.4M +78.0%
  • ALLY FINL INC$14.0M +17.1%
  • ENACT HLDGS INC$6.4M +12.0%
  • OCEANFIRST FINL CORP$5.6M +112.0%
Show all 12 →

Top Trims

  • TALEN ENERGY CORP-$51.4M -62.6%
  • EXPAND ENERGY CORPORATION-$37.5M -16.9%
  • STEALTHGAS INC-$7.1M -16.2%
  • CINEMARK HLDGS INC-$5.3M -72.2%
  • CHORD ENERGY CORPORATION-$5.2M -19.6%
Show all 8 →

New Positions

  • AZUL S A$1.0M
  • ARDAGH METAL PACKAGING S A$226.8K
Show all 2 →

Exited Positions

  • SERVICE PPTYS TR$938.1K
Show all 1 →
All Holdings

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 $184.1M 23.83% 2,019,894 SH
2 NRG ENERGY INC NRG 629377508 $104.0M 13.47% 712,345 SH
3 ALLY FINL INC ALLY 02005N100 $95.7M 12.39% 2,083,219 SH
4 VISTRA CORP VST 92840M102 $93.1M 12.05% 586,724 SH
5 ENACT HLDGS INC ACT 29249E109 $59.4M 7.68% 1,298,718 SH
6 AFFIRM HLDGS INC AFRM 00827B106 $41.9M 5.43% 514,100 SH
7 STEALTHGAS INC GASS Y81669106 $36.4M 4.72% 4,613,384 SH
8 WESBANCO INC WSBC 950810101 $35.5M 4.59% 909,091 SH
9 TALEN ENERGY CORP TLN 87422Q109 $30.7M 3.97% 79,793 SH
10 CHORD ENERGY CORPORATION CHRD 674215207 $21.5M 2.78% 187,840 SH
11 DIEBOLD NIXDORF INC DBD 253651202 $18.3M 2.37% 215,568 SH
12 BEACON FINANCIAL CORP. BBT 084680107 $11.6M 1.50% 381,184 SH
13 OCEANFIRST FINL CORP OCFC 675234108 $10.5M 1.36% 539,542 SH
14 NATIONAL CINEMEDIA INC NCMI 635309206 $6.4M 0.83% 1,678,903 SH
15 NCR ATLEOS CORPORATION NATL 63001N106 $6.2M 0.81% 143,500 SH
16 FIVE POINT HOLDINGS LLC FPH 33833Q106 $6.1M 0.79% 1,158,162 SH
17 TRAEGER INC COOK 89269P202 $3.0M 0.39% 37,960 SH
18 KILROY REALTY CORP KRC 49427F108 $3.0M 0.39% 79,449 SH
19 CINEMARK HLDGS INC CNK 17243V102 $2.1M 0.27% 64,891 SH
20 AFFIRM HLDGS INC AFRM 00827BAB2 $1.1M 0.14% 1,074,000 PRN
21 AZUL S A AZUL 05501U601 $1.0M 0.13% 113,909 SH
22 SKINHEALTH SYSTEMS INC SKIN 88331L108 $441.1K 0.06% 636,954 SH
23 DIVERSIFIED ENERGY CO DEC 25520W107 $235.7K 0.03% 17,009 SH
24 ARDAGH METAL PACKAGING S A AMBP L02235106 $226.8K 0.03% 47,852 SH
25 VALARIS LTD VAL G9460G101 $47.8K 0.01% 658 SH
26 EPR PPTYS EPRPC 26884U208 $25.6K 0.00% 1,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-12 $772.6M 26 0001604350-26-000023
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