Glendon Capital Management LP

CIK

1604350

Location

SANTA MONICA, CA

Portfolio Value

Small $804,255,534

Diversification

Diversified

Filing Date

Global Rank

#2,006 / 8,622 ▼ 57 · as of Mar 2026

Top Industry

Utilities - Independent Power Producers 32.4%

3Y Alpha vs SPY

+12.4%

Period ended 4 months ago

Filed May 11, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+123.2%

SPY

+67.9%

Annualised alpha

+11.8%

Max drawdown

−20.0%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

23 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

27.6%

+2.4 pts

Top 5

70.1%

+0.8 pts

Top 10

92.3%

+0.4 pts

HHI

1,331

Diversified+89

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Utilities	32.4%	$260,397,336	3
Energy	30.9%	$248,812,200	4
Financial Services	25.6%	$206,041,512	6
Industrials	5.4%	$43,512,300	1
Technology	2.8%	$22,516,179	2
Communication Services	1.6%	$12,523,390	2
Real Estate	1.1%	$8,784,888	3
Consumer Cyclical	0.1%	$1,100,840	1
Consumer Defensive	0.1%	$566,889	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
AFRM	Affirm Holdings, Inc.	+97,000	514,100	$23,556,062
VST	Vistra Corp.	+38,300	629,359	$94,611,538
EXE	EXPAND ENERGY Corp	+11,380	2,019,894	$221,743,963
No positions match the current search.

Trimmed

Positions the filer reduced

6 positions

Ticker	Company	Δ Shares	Shares	Value
COOK	Traeger, Inc.	−983,000	37,960	$1,100,840
DBD	DIEBOLD NIXDORF, Inc	−571,744	215,568	$16,262,449
CNK	Cinemark Holdings, Inc.	−259,562	259,563	$7,402,736
CHRD	Chord Energy Corp	−109,710	187,840	$26,707,091
NRG	Nrg Energy, Inc.	−57,366	572,985	$83,736,027
TLN	Talen Energy Corp	−7,918	257,024	$82,049,771
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
OCFC	Oceanfirst Financial Corp	275,500	$4,970,020
KRC	Kilroy Realty Corp	79,449	$2,241,256
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

23 tracked positions · $804,255,534 total · filing declares 25 positions · $805,198,519 · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
EXE	EXPAND ENERGY Corp Energy	Added	2,019,894	+11,380	$221,743,963	+0.0%	27.57%
VST	Vistra Corp. Utilities	Added	629,359	+38,300	$94,611,538	−0.8%	11.76%
NRG	Nrg Energy, Inc. Utilities	Reduced	572,985	-57,366	$83,736,027	−16.6%	10.41%
TLN	Talen Energy Corp Utilities	Reduced	257,024	-7,918	$82,049,771	−17.4%	10.20%
ALLY	Ally Financial Inc. Financial Services	Held	2,083,219	0	$81,724,681	−13.4%	10.16%
ACT	Enact Holdings, Inc. Financial Services	Held	1,298,718	0	$53,000,681	+3.0%	6.59%
GASS	StealthGas Inc. Industrials	Held	4,739,902	0	$43,512,300	+30.8%	5.41%
WSBC	Wesbanco Inc Financial Services	Held	909,091	0	$31,354,548	+3.8%	3.90%
CHRD	Chord Energy Corp Energy	Reduced	187,840	-109,710	$26,707,091	−3.2%	3.32%
AFRM	Affirm Holdings, Inc. Financial Services	Added	514,100	+97,000	$23,556,062	−24.1%	2.93%
DBD	DIEBOLD NIXDORF, Inc Technology	Reduced	215,568	-571,744	$16,262,449	−69.6%	2.02%
BBT	Beacon Financial Corp Financial Services	Held	381,184	0	$11,435,520	+13.8%	1.42%
CNK	Cinemark Holdings, Inc. Communication Services	Reduced	259,563	-259,562	$7,402,736	−38.6%	0.92%
NATL	NCR Atleos Corp Technology	Held	143,500	0	$6,253,730	+14.4%	0.78%
FPH	Five Point Holdings, LLC Real Estate	Held	1,158,162	0	$5,605,504	−13.4%	0.70%
NCMI	National CineMedia, Inc. Communication Services	Held	1,678,903	0	$5,120,654	−21.6%	0.64%
OCFC	Oceanfirst Financial Corp Financial Services	NEW	275,500	NEW	$4,970,020	NEW	0.62%
KRC	Kilroy Realty Corp Real Estate	NEW	79,449	NEW	$2,241,256	NEW	0.28%
COOK	Traeger, Inc. Consumer Cyclical	Reduced	37,960	-983,000	$1,100,840	−0.2%	0.14%
SVC	Service Properties Trust Real Estate	Held	692,346	0	$938,128	−26.4%	0.12%
SKIN	SkinHealth Systems Inc. Consumer Defensive	Held	636,954	0	$566,889	−36.0%	0.07%
DEC	Diversified Energy Co Energy	Held	17,009	0	$296,636	+20.4%	0.04%
VAL	Valaris Ltd Energy	Held	658	0	$64,510	+94.5%	0.01%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.