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Glendon Capital Management LP: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1604350) · Explore on the interactive board

Glendon Capital Management LP disclosed 26 US equity positions worth $772.6m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 12, 2026). Its largest position is EXE at 23.8% of the reported book, followed by NRG, ALLY. The top ten holdings are 91.0% of the book, and the portfolio behaves like about 8 equal-weight positions. Versus the prior filing it opened 2 new positions, added to 2, reduced 4 and exited 1. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3934 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$772.6mreported US equity book
26positions
23.8%largest position
91.0%top 10 weight
8.22effective positions (1/HHI)
2quarters on file since Q1 2026

What does Glendon Capital Management LP own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 2 new, 2 added, 4 reduced, 1 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 EXE EXPAND ENERGY CORPORATION Energy 23.8%$184.1m2,019,894 0% held
2 NRG NRG ENERGY INC Utilities 13.5%$104.0m712,345 24% added
3 ALLY ALLY FINL INC Financial Services 12.4%$95.7m2,083,219 0% held
4 VST VISTRA CORP Utilities 12.0%$93.1m586,724 -7% reduced
5 ACT ENACT HLDGS INC Financial Services 7.7%$59.4m1,298,718 0% held
6 AFRM AFFIRM HLDGS INC Financial Services 5.4%$41.9m514,100 0% held
7 GASS STEALTHGAS INC Industrials 4.7%$36.4m4,613,384 -3% reduced
8 WSBC WESBANCO INC Financial Services 4.6%$35.5m909,091 0% held
9 TLN TALEN ENERGY CORP Utilities 4.0%$30.7m79,793 -69% reduced
10 CHRD CHORD ENERGY CORPORATION Energy 2.8%$21.5m187,840 0% held
11 DBD DIEBOLD NIXDORF INC Technology 2.4%$18.3m215,568 0% held
12 BBT BEACON FINANCIAL CORP. Financial Services 1.5%$11.6m381,184 0% held
13 OCFC OCEANFIRST FINL CORP Financial Services 1.4%$10.5m539,542 96% added
14 NCMI NATIONAL CINEMEDIA INC 0.8%$6.4m1,678,903 0% held
15 NATL NCR ATLEOS CORPORATION Technology 0.8%$6.2m143,500 0% held
16 FPH FIVE POINT HOLDINGS LLC Real Estate 0.8%$6.1m1,158,162 0% held
17 TRAEGER INC 0.4%$3.0m37,960 0% held
18 KRC KILROY REALTY CORP Real Estate 0.4%$3.0m79,449 0% held
19 CNK CINEMARK HLDGS INC Communication Services 0.3%$2.1m64,891 -75% reduced
20 AFRM AFFIRM HLDGS INC 0.1%$1.1m1,074,000 0% held
21 AZUL S A 0.1%$1.0m113,909 new
22 SKIN SKINHEALTH SYSTEMS INC Consumer Defensive 0.1%$441.1k636,954 0% held
23 DEC DIVERSIFIED ENERGY CO 0.0%$235.7k17,009 0% held
24 AMBP ARDAGH METAL PACKAGING S A Consumer Cyclical 0.0%$226.8k47,852 new
25 VALARIS LTD 0.0%$47.8k658 0% held
26 EPR PPTYS 0.0%$25.6k1,000 0% held

What did Glendon Capital Management LP sell? Positions exited since the previous filing

StockPrior weightPrior value
SERVICE PPTYS TR100.0%$938.1k

Sector mix

SectorWeight
Financial Services33.0%
Utilities29.5%
Energy26.6%
Industrials4.7%
Technology3.2%
Real Estate1.2%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 202626$772.6m
Q1 202625$805.2m

How concentrated is Glendon Capital Management LP's portfolio?

Across every quarter Glendon Capital Management LP has filed, its median largest position is 25.7% of the book and its median top-ten weight is 91.7%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 1.0 completed holding spells, the median lasted 1.0 quarters; 25.0 positions are still open and their final length is unknown.