Institutional
Callodine Capital Management, LP
CIK 0001741675
$1.43B
Reported AUM
55
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Callodine Capital Management, LP · Q1 2026
AI · grounded in 13F
Callodine Capital Management, LP closed its position in Liberty Energy Inc LBRT, reducing exposure by $42.25M. The fund also exited its position in Algonquin Pwr Utils Corp AQN for $35.36M. On the buy side, the fund established a new position in Blackstone Inc BX worth $51.86M and added a new position in Dynex Cap Inc DX valued at $21.32M.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | SPB | SPECTRUM BRANDS HOLDINGS INC | $88.75 | 0.53% | 73.87% | 27.39% | $151.0M | 10.56% | — | HELD |
| 2 | VTRS | VIATRIS INC | $17.60 | -1.23% | 110.24% | 49.20% | $109.7M | 7.67% | — | HELD |
| 3 | WWW | WOLVERINE WORLD WIDE INC | $19.83 | -3.43% | -5.35% | -34.81% | $73.5M | 5.14% | — | HELD |
| 4 | GSK | GSK PLC | $52.28 | -1.76% | 47.00% | 58.50% | $69.5M | 4.86% | — | HELD |
| 5 | BTI | BRITISH AMERN TOB PLC | $62.04 | -1.63% | 22.57% | 144.32% | $63.0M | 4.41% | — | HELD |
| 6 | GPN | GLOBAL PMTS INC | $86.31 | -2.23% | 10.61% | -45.00% | $57.3M | 4.01% | — | HELD |
| 7 | MTCH | MATCH GROUP INC NEW | $38.40 | -2.54% | 16.94% | -70.90% | $51.9M | 3.63% | — | HELD |
| 8 | BX | BLACKSTONE INC | $129.84 | 0.34% | -21.30% | 21.33% | $51.9M | 3.63% | — | HELD |
| 9 | PRDO | PERDOCEO ED CORP | $33.49 | -3.05% | 15.54% | 226.52% | $49.0M | 3.43% | — | HELD |
| 10 | APO | APOLLO GLOBAL MGMT INC | $118.82 | -0.79% | -12.01% | 119.79% | $48.9M | 3.42% | — | HELD |
| 11 | COF | CAPITAL ONE FINL CORP | $208.08 | -0.30% | 2.08% | 36.84% | $48.0M | 3.36% | — | HELD |
| 12 | OVV | OVINTIV INC | $60.86 | -0.69% | 59.45% | 154.33% | $43.6M | 3.05% | — | HELD |
| 13 | OWL | BLUE OWL CAPITAL INC | $9.56 | 0.10% | -45.35% | -13.70% | $39.2M | 2.74% | — | HELD |
| 14 | FCPT | FOUR CORNERS PPTY TR INC | $25.25 | -4.10% | 9.73% | 20.40% | $37.0M | 2.59% | — | HELD |
| 15 | ET | ENERGY TRANSFER L P | $20.28 | 0.40% | 22.33% | 217.11% | $36.2M | 2.53% | — | HELD |
| 16 | OC | OWENS CORNING NEW | $139.85 | 2.56% | 2.40% | 56.44% | $35.4M | 2.47% | — | HELD |
| 17 | O | REALTY INCOME CORP | $64.92 | -0.95% | 21.97% | 20.49% | $34.0M | 2.37% | — | HELD |
| 18 | WMT2 | WELLS FARGO & CO | — | — | — | — | $31.5M | 2.20% | — | HELD |
| 19 | SSNC | SS&C TECH HLDGS | $76.86 | -1.85% | -4.56% | 11.85% | $30.4M | 2.12% | — | HELD |
| 20 | UDR | UDR INC | $38.85 | -2.19% | 6.88% | -10.81% | $28.2M | 1.97% | — | HELD |
| 21 | BAX | BAXTER INTL INC | $28.55 | 15.26% | 13.76% | -64.04% | $22.1M | 1.54% | — | HELD |
| 22 | TGT | TARGET CORP | $144.38 | -1.04% | 50.65% | -32.39% | $21.3M | 1.49% | — | HELD |
| 23 | MRP | MILLROSE PPTYS INC | $27.89 | -0.55% | 3.61% | 21.68% | $21.3M | 1.49% | — | HELD |
| 24 | DX | DYNEX CAP INC | $12.83 | 0.00% | 19.51% | 36.00% | $21.3M | 1.49% | — | HELD |
| 25 | SSTK | SHUTTERSTOCK INC | $5.30 | -6.93% | -69.21% | -94.45% | $21.1M | 1.48% | — | HELD |
| 26 | TSLX | SIXTH STREET SPECIALTY LENDI | $17.22 | -2.27% | -18.99% | 27.86% | $20.8M | 1.45% | — | HELD |
| 27 | ON | ON SEMICONDUCTOR CORP | $83.37 | 5.72% | 38.79% | 77.77% | $20.5M | 1.43% | — | HELD |
| 28 | BBWI | BATH & BODY WORKS INC | $19.61 | -0.46% | -27.28% | -67.20% | $19.6M | 1.37% | — | HELD |
| 29 | MO | ALTRIA GROUP INC | $68.89 | -8.05% | 29.49% | 119.51% | $17.5M | 1.22% | — | HELD |
| 30 | JACK | JACK IN THE BOX INC | $16.17 | -1.82% | -14.35% | -82.90% | $17.0M | 1.19% | — | HELD |
| 31 | UGI | UGI CORP NEW | $36.12 | -1.62% | — | — | $14.1M | 0.99% | — | HELD |
| 32 | FSK | FS KKR CAP CORP | $10.60 | -1.35% | — | — | $13.6M | 0.95% | — | HELD |
| 33 | LAZ | LAZARD INC | $40.41 | -0.64% | — | — | $13.1M | 0.92% | — | HELD |
| 34 | GPK | GRAPHIC PACKAGING HLDG CO | $11.26 | -0.66% | — | — | $10.2M | 0.72% | — | HELD |
| 35 | PAGP | PLAINS GP HLDGS L P | $26.60 | -0.23% | — | — | $9.5M | 0.66% | — | HELD |
| 36 | GEL | GENESIS ENERGY L P | $14.83 | -0.47% | — | — | $8.6M | 0.60% | — | HELD |
| 37 | MTH | MERITAGE HOMES CORP | $72.13 | 0.73% | — | — | $8.3M | 0.58% | — | HELD |
| 38 | EXR | EXTRA SPACE STORAGE INC | $149.12 | -2.44% | — | — | $7.4M | 0.52% | — | HELD |
| 39 | TRIP | TRIPADVISOR INC | $13.98 | -4.12% | — | — | $6.1M | 0.43% | — | HELD |
| 40 | SHEL | SHELL PLC | $90.28 | 2.20% | — | — | $6.1M | 0.43% | — | HELD |
| 41 | NCDL | NUVEEN CHURCHILL DIRECT LEND | $12.25 | -0.73% | — | — | $5.7M | 0.40% | — | HELD |
| 42 | MFIC | MIDCAP FINANCIAL INVSTMNT CO | $9.59 | -1.49% | — | — | $5.1M | 0.36% | — | HELD |
| 43 | OBDC | BLUE OWL CAPITAL CORPORATION | $10.85 | 0.65% | — | — | $5.0M | 0.35% | — | HELD |
| 44 | PAA | PLAINS ALL AMERN PIPELINE L | $24.80 | -0.36% | — | — | $4.5M | 0.31% | — | HELD |
| 45 | CION | CION INVT CORP | $5.88 | -1.51% | — | — | $4.2M | 0.29% | — | HELD |
| 46 | KBDC | KAYNE ANDERSON BDC INC | $13.38 | -1.04% | — | — | $4.0M | 0.28% | — | HELD |
| 47 | GBDC | GOLUB CAP BDC INC | $12.90 | 0.78% | — | — | $2.5M | 0.18% | — | HELD |
| 48 | OTF | BLUE OWL TECHNOLOGY FIN CORP | $9.90 | -0.45% | — | — | $2.2M | 0.15% | — | HELD |
| 49 | BBDC | BARINGS BDC INC | $8.19 | -1.33% | — | — | $2.1M | 0.15% | — | HELD |
| 50 | CCAP | CRESCENT CAP BDC INC | $10.85 | -1.36% | — | — | $1.5M | 0.10% | — | HELD |
| 51 | TCPC | BLACKROCK TCP CAPITAL CORP | $3.26 | -1.51% | — | — | $1.4M | 0.10% | — | HELD |
| 52 | BCSF | BAIN CAP SPECIALTY FIN INC | $12.48 | -1.42% | — | — | $1.3M | 0.09% | — | HELD |
| 53 | BXSL | BLACKSTONE SECD LENDING FD | $22.88 | -0.65% | — | — | $888K | 0.06% | — | HELD |
| 54 | GETY | GETTY IMAGES HOLDINGS INC | $0.37 | -2.80% | — | — | $476K | 0.03% | — | HELD |
| 55 | STWD | STARWOOD PPTY TR INC | $16.23 | -1.79% | — | — | $344K | 0.02% | — | HELD |
Source: SEC EDGAR · accession 0001741675-26-000003. 13F discloses long positions only — shorts, foreign equities, and options are excluded.