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
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | SPB | SPECTRUM BRANDS HOLDINGS INC | $151.0M | 10.56% | -16,433 | -0.8% |
| 2 | VTRS | VIATRIS INC | $109.7M | 7.67% | -1,561,994 | -16.1% |
| 3 | WWW | WOLVERINE WORLD WIDE INC | $73.5M | 5.14% | +980,839 | +27.8% |
| 4 | GSK | GSK PLC | $69.5M | 4.86% | +255,150 | +25.4% |
| 5 | BTI | BRITISH AMERN TOB PLC | $63.0M | 4.41% | +397,114 | +58.4% |
| 6 | GPN | GLOBAL PMTS INC | $57.3M | 4.01% | +272,351 | +47.0% |
| 7 | MTCH | MATCH GROUP INC NEW | $51.9M | 3.63% | +78,960 | +4.9% |
| 8 | BX | BLACKSTONE INC | $51.9M | 3.63% | +450,970 | NEW |
| 9 | PRDO | PERDOCEO ED CORP | $49.0M | 3.43% | +352,850 | +36.6% |
| 10 | APO | APOLLO GLOBAL MGMT INC | $48.9M | 3.42% | -22,222 | -4.8% |
| 11 | COF | CAPITAL ONE FINL CORP | $48.0M | 3.36% | +36,651 | +16.2% |
| 12 | OVV | OVINTIV INC | $43.6M | 3.05% | +677,500 | +1203.2% |
| 13 | OWL | BLUE OWL CAPITAL INC | $39.2M | 2.74% | -750,847 | -14.9% |
| 14 | FCPT | FOUR CORNERS PPTY TR INC | $37.0M | 2.59% | +256,325 | +19.6% |
| 15 | ET | ENERGY TRANSFER L P | $36.2M | 2.53% | +290,000 | +18.3% |
| 16 | OC | OWENS CORNING NEW | $35.4M | 2.47% | +95,562 | +41.3% |
| 17 | O | REALTY INCOME CORP | $34.0M | 2.37% | -5,160 | -0.9% |
| 18 | WMT2 | WELLS FARGO & CO | $31.5M | 2.20% | +294,470 | +290.1% |
| 19 | SSNC | SS&C TECH HLDGS | $30.4M | 2.12% | +212,148 | +89.4% |
| 20 | UDR | UDR INC | $28.2M | 1.97% | +643,925 | +338.9% |
| 21 | BAX | BAXTER INTL INC | $22.1M | 1.54% | -298,550 | -18.5% |
| 22 | TGT | TARGET CORP | $21.3M | 1.49% | +50,142 | +39.8% |
| 23 | MRP | MILLROSE PPTYS INC | $21.3M | 1.49% | +400,745 | +110.8% |
| 24 | DX | DYNEX CAP INC | $21.3M | 1.49% | +1,670,854 | NEW |
| 25 | SSTK | SHUTTERSTOCK INC | $21.1M | 1.48% | +238,176 | +23.0% |
| 26 | TSLX | SIXTH STREET SPECIALTY LENDI | $20.8M | 1.45% | +27,528 | +2.5% |
| 27 | ON | ON SEMICONDUCTOR CORP | $20.5M | 1.43% | +206,530 | +166.3% |
| 28 | BBWI | BATH & BODY WORKS INC | $19.6M | 1.37% | +1,050,000 | NEW |
| 29 | MO | ALTRIA GROUP INC | $17.5M | 1.22% | -206,808 | -43.8% |
| 30 | JACK | JACK IN THE BOX INC | $17.0M | 1.19% | +59,966 | +3.5% |
| 31 | UGI | UGI CORP NEW | $14.1M | 0.99% | -288,082 | -42.7% |
| 32 | FSK | FS KKR CAP CORP | $13.6M | 0.95% | +1,334,709 | NEW |
| 33 | LAZ | LAZARD INC | $13.1M | 0.92% | +308,420 | NEW |
| 34 | GPK | GRAPHIC PACKAGING HLDG CO | $10.2M | 0.72% | +4,000 | +0.4% |
| 35 | PAGP | PLAINS GP HLDGS L P | $9.5M | 0.66% | -150,000 | -27.8% |
| 36 | GEL | GENESIS ENERGY L P | $8.6M | 0.60% | +14,676 | +3.1% |
| 37 | MTH | MERITAGE HOMES CORP | $8.3M | 0.58% | +135,000 | NEW |
| 38 | EXR | EXTRA SPACE STORAGE INC | $7.4M | 0.52% | +6,500 | +13.0% |
| 39 | TRIP | TRIPADVISOR INC | $6.1M | 0.43% | +576,249 | NEW |
| 40 | SHEL | SHELL PLC | $6.1M | 0.43% | -51,000 | -43.6% |
| 41 | NCDL | NUVEEN CHURCHILL DIRECT LEND | $5.7M | 0.40% | -99,369 | -18.1% |
| 42 | MFIC | MIDCAP FINANCIAL INVSTMNT CO | $5.1M | 0.36% | -25,300 | -5.2% |
| 43 | OBDC | BLUE OWL CAPITAL CORPORATION | $5.0M | 0.35% | +150,000 | +50.0% |
| 44 | PAA | PLAINS ALL AMERN PIPELINE L | $4.5M | 0.31% | +50,000 | +33.3% |
| 45 | CION | CION INVT CORP | $4.2M | 0.29% | +50,000 | +8.9% |
| 46 | KBDC | KAYNE ANDERSON BDC INC | $4.0M | 0.28% | -108,259 | -27.1% |
| 47 | GBDC | GOLUB CAP BDC INC | $2.5M | 0.18% | -250,000 | -55.6% |
| 48 | OTF | BLUE OWL TECHNOLOGY FIN CORP | $2.2M | 0.15% | +175,000 | NEW |
| 49 | BBDC | BARINGS BDC INC | $2.1M | 0.15% | -96,544 | -27.1% |
| 50 | CCAP | CRESCENT CAP BDC INC | $1.5M | 0.10% | — | HELD |
| 51 | TCPC | BLACKROCK TCP CAPITAL CORP | $1.4M | 0.10% | +377,726 | NEW |
| 52 | BCSF | BAIN CAP SPECIALTY FIN INC | $1.3M | 0.09% | — | HELD |
| 53 | BXSL | BLACKSTONE SECD LENDING FD | $888K | 0.06% | -37,500 | -50.0% |
| 54 | GETY | GETTY IMAGES HOLDINGS INC | $476K | 0.03% | +100,000 | +20.0% |
| 55 | STWD | STARWOOD PPTY TR INC | $344K | 0.02% | -19,360 | -49.2% |
| 56 | LBRT | LIBERTY ENERGY INC | — | — | -2,288,934 | EXITED |
| 57 | AQN | ALGONQUIN PWR UTILS CORP | — | — | -5,749,636 | EXITED |
| 58 | SOLS | SOLSTICE ADVANCED MATLS INC | — | — | -169,300 | EXITED |
| 59 | SRLN | SSGA ACTIVE ETF TR | — | — | -70,000 | EXITED |
| 60 | JAAA | JANUS DETROIT STR TR | — | — | -50,000 | EXITED |
| 61 | ADC | AGREE RLTY CORP | — | — | -10,000 | EXITED |
Source: SEC EDGAR · accession 0001741675-26-000003. 13F discloses long positions only — shorts, foreign equities, and options are excluded.