Callodine Capital Management, LP

CIK

1741675

Location

BOSTON, MA

Portfolio Value

Mid $1,429,916,423

Diversification

Diversified

Filing Date

Global Rank

#1,445 / 8,592 ▲ 165

Top Industry

Asset Management 14.7%

3Y Alpha vs SPY

-5.1%

Period ended 3 months ago

Filed May 15, 2026 · 35d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+55.4%

SPY

+76.8%

Annualised alpha

-5.1%

Max drawdown

−24.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

10.6%

+0.7 pts

Top 5

32.6%

−3.5 pts

Top 10

50.7%

−5.1 pts

HHI

398

Diversified−47

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	21.2%	$302,816,522	20
Consumer Defensive	21.1%	$301,810,123	5
Healthcare	14.1%	$201,246,687	3
Real Estate	10.5%	$149,567,098	7
Consumer Cyclical	9.4%	$134,888,663	6
Energy	7.6%	$108,466,373	6
Industrials	6.5%	$92,653,296	2
Communication Services	5.1%	$73,517,843	3
Technology	3.6%	$50,844,826	2
Utilities	1.0%	$14,104,992	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
WWW	Wolverine World Wide Inc /De/	+980,839	4,505,165	$73,524,292
OVV	Ovintiv Inc.	+677,500	733,807	$43,558,783
UDR	UDR, Inc.	+643,925	833,925	$28,169,986
MRP	Millrose Properties, Inc.	+400,745	762,392	$21,346,976
BTI	British American Tobacco p.l.c.	+397,114	1,077,491	$63,000,898
PRDO	PERDOCEO EDUCATION Corp	+352,850	1,316,540	$48,988,453
WFC	Wells Fargo & Company/Mn	+294,470	395,970	$31,523,171
ET	Energy Transfer LP	+290,000	1,875,000	$36,187,500
GPN	Global Payments Inc	+272,351	851,331	$57,294,576
FCPT	Four Corners Property Trust, Inc.	+256,325	1,565,607	$37,026,605
GSK	GSK plc	+255,150	1,259,477	$69,510,535
SSTK	Shutterstock, Inc.	+238,176	1,272,139	$21,130,228
SSNC	SS&C Technologies Holdings Inc	+212,148	449,401	$30,366,025
ON	On Semiconductor Corp	+206,530	330,730	$20,478,801
OBDC	Blue Owl Capital Corp	+150,000	450,000	$4,977,000
GETY	Getty Images Holdings, Inc.	+100,000	600,000	$475,800
OC	Owens Corning	+95,562	326,730	$35,358,720
MTCH	Match Group, Inc.	+78,960	1,690,388	$51,911,815
JACK	Jack In The Box Inc	+59,966	1,760,470	$17,023,744
TGT	Target Corp	+50,142	176,142	$21,348,410
PAA	Plains All American Pipeline LP	+50,000	200,000	$4,466,000
CION	CION Investment Corp	+50,000	612,388	$4,188,733
COF	Capital One Financial Corp	+36,651	262,996	$47,978,360
TSLX	Sixth Street Specialty Lending, Inc.	+27,528	1,129,520	$20,760,577
GEL	Genesis Energy LP	+14,676	484,963	$8,646,890
No positions match the current search.

Trimmed

Positions the filer reduced

17 positions

Ticker	Company	Δ Shares	Shares	Value
VTRS	Viatris Inc	−1,561,994	8,118,742	$109,684,204
OWL	Blue Owl Capital Inc.	−750,847	4,296,555	$39,227,547
BAX	Baxter International Inc	−298,550	1,312,616	$22,051,948
UGI	Ugi Corp /Pa/	−288,082	387,287	$14,104,992
GBDC	GOLUB CAPITAL BDC, Inc.	−250,000	200,000	$2,532,000
MO	Altria Group, Inc.	−206,808	264,844	$17,477,055
PAGP	Plains Gp Holdings LP	−150,000	390,000	$9,469,200
KBDC	Kayne Anderson BDC, Inc.	−108,259	291,741	$4,002,686
NCDL	Nuveen Churchill Direct Lending Corp.	−99,369	450,000	$5,724,000
BBDC	Barings BDC, Inc.	−96,544	260,000	$2,139,800
SHEL	Shell plc	−51,000	66,000	$6,138,000
BXSL	Blackstone Secured Lending Fund	−37,500	37,500	$888,375
MFIC	MidCap Financial Investment Corp	−25,300	458,108	$5,149,133
APO	Apollo Global Management, Inc.	−22,222	438,504	$48,858,115
STWD	Starwood Property Trust, Inc.	−19,360	20,000	$344,400
SPB	Spectrum Brands Holdings, Inc.	−16,433	2,048,783	$150,995,307
O	Realty Income Corp	−5,160	554,923	$33,950,189
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
BX	Blackstone Inc.	450,970	$51,857,040
DX	Dynex Capital Inc	1,670,854	$21,320,097
BBWI	Bath & Body Works, Inc.	1,050,000	$19,603,500
FSK	FS KKR Capital Corp	1,334,709	$13,587,337
LAZ	Lazard, Inc.	308,420	$13,101,681
MTH	Meritage Homes CORP	135,000	$8,348,400
TRIP	TripAdvisor, Inc.	576,249	$6,142,814
OTF	Blue Owl Technology Finance Corp.	175,000	$2,168,250
TCPC	BlackRock TCP Capital Corp.	377,726	$1,363,590
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
LBRT	Liberty Energy Inc.	2,288,934	$42,253,721
AQN	Algonquin Power & Utilities Corp.	5,749,636	$35,360,261
SOLS	Solstice Advanced Materials Inc.	169,300	$8,224,594
ADC	Agree Realty Corp	10,000	$720,300
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

55 positions · $1,429,916,423 total · as of Mar 31, 2026

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

Showing 1–50 of 55 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPB	Spectrum Brands Holdings, Inc. Consumer Defensive	Reduced	2,048,783	-2,081,649	$150,995,307	−38.1%	10.56%
VTRS	Viatris Inc Healthcare	Reduced	8,118,742	-1,561,994	$109,684,204	−9.0%	7.67%
WWW	Wolverine World Wide Inc /De/ Consumer Cyclical	Added	4,505,165	+980,839	$73,524,292	+14.9%	5.14%
GSK	GSK plc Healthcare	Added	1,259,477	+255,150	$69,510,535	+41.1%	4.86%
BTI	British American Tobacco p.l.c. Consumer Defensive	Added	1,077,491	+397,114	$63,000,898	+63.5%	4.41%
GPN	Global Payments Inc Industrials	Added	851,331	+272,351	$57,294,576	+27.9%	4.01%
MTCH	Match Group, Inc. Communication Services	Added	1,690,388	+78,960	$51,911,815	−0.2%	3.63%
BX	Blackstone Inc. Financial Services	NEW	450,970	NEW	$51,857,040	NEW	3.63%
PRDO	PERDOCEO EDUCATION Corp Consumer Defensive	Added	1,316,540	+352,850	$48,988,453	+73.3%	3.43%
APO	Apollo Global Management, Inc. Financial Services	Reduced	438,504	-22,222	$48,858,115	−26.7%	3.42%
COF	Capital One Financial Corp Financial Services	Added	262,996	+36,651	$47,978,360	−12.5%	3.36%
OVV	Ovintiv Inc. Energy	Added	733,807	+677,500	$43,558,783	+1874.0%	3.05%
OWL	Blue Owl Capital Inc. Financial Services	Reduced	4,296,555	-750,847	$39,227,547	−48.0%	2.74%
FCPT	Four Corners Property Trust, Inc. Real Estate	Added	1,565,607	+256,325	$37,026,605	+22.6%	2.59%
ET	Energy Transfer LP Energy	Added	1,875,000	+290,000	$36,187,500	+38.5%	2.53%
OC	Owens Corning Industrials	Added	326,730	+95,562	$35,358,720	+36.7%	2.47%
O	Realty Income Corp Real Estate	Reduced	554,923	-5,160	$33,950,189	+7.5%	2.37%
WFC	Wells Fargo & Company/Mn Financial Services	Added	395,970	+294,470	$31,523,171	+233.2%	2.20%
SSNC	SS&C Technologies Holdings Inc Technology	Added	449,401	+212,148	$30,366,025	+46.4%	2.12%
UDR	UDR, Inc. Real Estate	Added	833,925	+643,925	$28,169,986	+304.2%	1.97%
BAX	Baxter International Inc Healthcare	Reduced	1,312,616	-298,550	$22,051,948	−28.4%	1.54%
TGT	Target Corp Consumer Defensive	Added	176,142	+50,142	$21,348,410	+73.3%	1.49%
MRP	Millrose Properties, Inc. Real Estate	Added	762,392	+400,745	$21,346,976	+97.6%	1.49%
DX	Dynex Capital Inc Real Estate	NEW	1,670,854	NEW	$21,320,097	NEW	1.49%
SSTK	Shutterstock, Inc. Communication Services	Added	1,272,139	+238,176	$21,130,228	+7.0%	1.48%
TSLX	Sixth Street Specialty Lending, Inc. Financial Services	Added	1,129,520	+27,528	$20,760,577	−13.3%	1.45%
ON	On Semiconductor Corp Technology	Added	330,730	+206,530	$20,478,801	+204.5%	1.43%
BBWI	Bath & Body Works, Inc. Consumer Cyclical	NEW	1,050,000	NEW	$19,603,500	NEW	1.37%
MO	Altria Group, Inc. Consumer Defensive	Reduced	264,844	-206,808	$17,477,055	−35.7%	1.22%
JACK	Jack In The Box Inc Consumer Cyclical	Added	1,760,470	+59,966	$17,023,744	−47.2%	1.19%
UGI	Ugi Corp /Pa/ Utilities	Reduced	387,287	-288,082	$14,104,992	−44.2%	0.99%
FSK	FS KKR Capital Corp Financial Services	NEW	1,334,709	NEW	$13,587,337	NEW	0.95%
LAZ	Lazard, Inc. Financial Services	NEW	308,420	NEW	$13,101,681	NEW	0.92%
GPK	Graphic Packaging Holding Co Consumer Cyclical	Added	1,030,776	+4,000	$10,245,913	−33.7%	0.72%
PAGP	Plains Gp Holdings LP Energy	Reduced	390,000	-150,000	$9,469,200	−8.4%	0.66%
GEL	Genesis Energy LP Energy	Added	484,963	+14,676	$8,646,890	+17.9%	0.60%
MTH	Meritage Homes CORP Consumer Cyclical	NEW	135,000	NEW	$8,348,400	NEW	0.58%
EXR	Extra Space Storage Inc. Real Estate	Added	56,500	+6,500	$7,408,845	+13.8%	0.52%
TRIP	TripAdvisor, Inc. Consumer Cyclical	NEW	576,249	NEW	$6,142,814	NEW	0.43%
SHEL	Shell plc Energy	Reduced	66,000	-51,000	$6,138,000	−28.6%	0.43%
NCDL	Nuveen Churchill Direct Lending Corp. Financial Services	Reduced	450,000	-99,369	$5,724,000	−21.9%	0.40%
MFIC	MidCap Financial Investment Corp Financial Services	Reduced	458,108	-25,300	$5,149,133	−6.9%	0.36%
OBDC	Blue Owl Capital Corp Financial Services	Added	450,000	+150,000	$4,977,000	+33.5%	0.35%
PAA	Plains All American Pipeline LP Energy	Added	200,000	+50,000	$4,466,000	+65.8%	0.31%
CION	CION Investment Corp Financial Services	Added	612,388	+50,000	$4,188,733	−23.0%	0.29%
KBDC	Kayne Anderson BDC, Inc. Financial Services	Reduced	291,741	-108,259	$4,002,686	−30.1%	0.28%
GBDC	GOLUB CAPITAL BDC, Inc. Financial Services	Reduced	200,000	-250,000	$2,532,000	−58.5%	0.18%
OTF	Blue Owl Technology Finance Corp. Financial Services	NEW	175,000	NEW	$2,168,250	NEW	0.15%
BBDC	Barings BDC, Inc. Financial Services	Reduced	260,000	-96,544	$2,139,800	−34.6%	0.15%
CCAP	Crescent Capital BDC, Inc. Financial Services	Held	120,000	0	$1,458,000	−13.5%	0.10%