Callodine Capital Management, LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Callodine Capital Management, LP disclosed 52 US equity positions worth $1.2bn in its Q4 2025 13F filing. The largest position was SPB at 9.8% of the reported book, followed by VTRS and OWL. Against the Q3 2025 filing, it opened 8 new positions, added to 27 and reduced 6 among the top 50 holdings.
What did Callodine Capital Management, LP own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SPB SPECTRUM BRANDS HLDGS INC NE | Consumer Defensive | 9.8% | $122.0m | 2,065,216 | 20% | added |
| 2 | VTRS VIATRIS INC | Healthcare | 9.7% | $120.5m | 9,680,736 | 39% | added |
| 3 | OWL BLUE OWL CAPITAL INC | Financial Services | 6.1% | $75.4m | 5,047,402 | 29% | added |
| 4 | APO APOLLO GLOBAL MGMT INC | Financial Services | 5.4% | $66.7m | 460,726 | 41% | added |
| 5 | WWW WOLVERINE WORLD WIDE INC | Consumer Cyclical | 5.1% | $64.0m | 3,524,326 | 30% | added |
| 6 | COF CAPITAL ONE FINL CORP | Financial Services | 4.4% | $54.9m | 226,345 | 2% | added |
| 7 | MTCH MATCH GROUP INC NEW | Communication Services | 4.2% | $52.0m | 1,611,428 | 15% | added |
| 8 | GSK GSK PLC | Healthcare | 4.0% | $49.3m | 1,004,327 | 43% | added |
| 9 | GPN GLOBAL PMTS INC | Industrials | 3.6% | $44.8m | 578,980 | 64% | added |
| 10 | LBRT LIBERTY ENERGY INC | Energy | 3.4% | $42.3m | 2,288,934 | 10% | added |
| 11 | BTI BRITISH AMERN TOB PLC | Consumer Defensive | 3.1% | $38.5m | 680,377 | 12% | added |
| 12 | AQN ALGONQUIN PWR UTILS CORP | Utilities | 2.8% | $35.4m | 5,749,636 | 3% | added |
| 13 | JACK JACK IN THE BOX INC | Consumer Cyclical | 2.6% | $32.2m | 1,700,504 | 0% | held |
| 14 | O REALTY INCOME CORP | Real Estate | 2.5% | $31.6m | 560,083 | 31% | added |
| 15 | BAX BAXTER INTL INC | Healthcare | 2.5% | $30.8m | 1,611,166 | -8% | reduced |
| 16 | FCPT FOUR CORNERS PPTY TR INC | Real Estate | 2.4% | $30.2m | 1,309,282 | 71% | added |
| 17 | PRDO PERDOCEO ED CORP | Consumer Defensive | 2.3% | $28.3m | 963,690 | 36% | added |
| 18 | MO ALTRIA GROUP INC | Consumer Defensive | 2.2% | $27.2m | 471,652 | 20% | added |
| 19 | ET ENERGY TRANSFER L P | Energy | 2.1% | $26.1m | 1,585,000 | 16% | added |
| 20 | OC OWENS CORNING NEW | Industrials | 2.1% | $25.9m | 231,168 | 88% | added |
| 21 | UGI UGI CORP NEW | Utilities | 2.0% | $25.3m | 675,369 | 13% | added |
| 22 | SIXTH STREET SPECIALTY LENDI | 1.9% | $23.9m | 1,101,992 | 26% | added | |
| 23 | SSNC SS&C TECHNOLOGIES HLDGS INC | Technology | 1.7% | $20.7m | 237,253 | 19% | added |
| 24 | SSTK SHUTTERSTOCK INC | Communication Services | 1.6% | $19.7m | 1,033,963 | 35% | added |
| 25 | GPK GRAPHIC PACKAGING HLDG CO | Consumer Cyclical | 1.2% | $15.5m | 1,026,776 | 193% | added |
| 26 | TGT TARGET CORP | Consumer Defensive | 1.0% | $12.3m | 126,000 | 94% | added |
| 27 | MRP MILLROSE PPTYS INC | Real Estate | 0.9% | $10.8m | 361,647 | – | new |
| 28 | PAGPEUR PLAINS GP HLDGS L P | 0.8% | $10.3m | 540,000 | 0% | held | |
| 29 | WFC WELLS FARGO CO NEW | Financial Services | 0.8% | $9.5m | 101,500 | – | new |
| 30 | SHEL SHELL PLC | Energy | 0.7% | $8.6m | 117,000 | -30% | reduced |
| 31 | SOLS SOLSTICE ADVANCED MATLS INC | Basic Materials | 0.7% | $8.2m | 169,300 | – | new |
| 32 | GEL GENESIS ENERGY L P | 0.6% | $7.3m | 470,287 | 0% | held | |
| 33 | NCDL NUVEEN CHURCHILL DIRECT LEND | 0.6% | $7.3m | 549,369 | -4% | reduced | |
| 34 | UDR UDR INC | Real Estate | 0.6% | $7.0m | 190,000 | 1800% | added |
| 35 | ON ON SEMICONDUCTOR CORP | Technology | 0.5% | $6.7m | 124,200 | – | new |
| 36 | EXR EXTRA SPACE STORAGE INC | Real Estate | 0.5% | $6.5m | 50,000 | 1150% | added |
| 37 | GBDC GOLUB CAP BDC INC | 0.5% | $6.1m | 450,000 | -14% | reduced | |
| 38 | KBDC KAYNE ANDERSON BDC INC | 0.5% | $5.7m | 400,000 | 0% | held | |
| 39 | MFIC MIDCAP FINANCIAL INVSTMNT CO | 0.4% | $5.5m | 483,408 | -5% | reduced | |
| 40 | CION CION INVT CORP | 0.4% | $5.4m | 562,388 | 0% | held | |
| 41 | OBDC BLUE OWL CAPITAL CORPORATION | Financial Services | 0.3% | $3.7m | 300,000 | 0% | held |
| 42 | BARINGS BDC INC | 0.3% | $3.3m | 356,544 | 17% | added | |
| 43 | SRLN SSGA ACTIVE ETF TR | 0.2% | $2.9m | 70,000 | – | new | |
| 44 | PAA PLAINS ALL AMERN PIPELINE L | 0.2% | $2.7m | 150,000 | 0% | held | |
| 45 | JAAA JANUS DETROIT STR TR | 0.2% | $2.5m | 50,000 | – | new | |
| 46 | OVV OVINTIV INC | Energy | 0.2% | $2.2m | 56,307 | 0% | held |
| 47 | BXSL BLACKSTONE SECD LENDING FD | 0.2% | $2.0m | 75,000 | -25% | reduced | |
| 48 | CCAP CRESCENT CAP BDC INC | 0.1% | $1.7m | 120,000 | – | new | |
| 49 | BAIN CAP SPECIALTY FIN INC | 0.1% | $1.5m | 107,349 | – | new | |
| 50 | ADC AGREE RLTY CORP | Real Estate | 0.1% | $720.3k | 10,000 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.