# Glendon Capital Management LP: Form 13F holdings

An institutional investment manager in Santa Monica, CA. SEC CIK 1604350.

- Quarter ended: 2026-06-30
- Filed: 2026-08-12
- Reported value: $772.6m
- Positions: 26 (26 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1604350/000160435026000023/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [EXPAND ENERGY CORPORATION (EXE)](/companies/exe.md) | COM | $184.1m | 23.8% | 2,019,894 |  | Unchanged |
| [NRG ENERGY INC (NRG)](/companies/nrg.md) | COM NEW | $104.0m | 13.5% | 712,345 |  | Added +139,360 |
| [ALLY FINL INC (ALLY)](/companies/ally.md) | COM | $95.7m | 12.4% | 2,083,219 |  | Unchanged |
| [VISTRA CORP (VST)](/companies/vst.md) | COM | $93.1m | 12.0% | 586,724 |  | Reduced −42,635 |
| [ENACT HLDGS INC (ACT)](/companies/act.md) | COM | $59.4m | 7.7% | 1,298,718 |  | Unchanged |
| [AFFIRM HLDGS INC (AFRM)](/companies/afrm.md) | COM CL A | $41.9m | 5.4% | 514,100 |  | Unchanged |
| STEALTHGAS INC | SHS | $36.4m | 4.7% | 4,613,384 |  | Reduced −126,518 |
| [WESBANCO INC (WSBC)](/companies/wsbc.md) | COM | $35.5m | 4.6% | 909,091 |  | Unchanged |
| [TALEN ENERGY CORP (TLN)](/companies/tln.md) | COM | $30.7m | 4.0% | 79,793 |  | Reduced −177,231 |
| [CHORD ENERGY CORPORATION (CHRD)](/companies/chrd.md) | COM NEW | $21.5m | 2.8% | 187,840 |  | Unchanged |
| [DIEBOLD NIXDORF INC (DBD)](/companies/dbd.md) | COM SHS | $18.3m | 2.4% | 215,568 |  | Unchanged |
| [BEACON FINANCIAL CORP. (BBT)](/companies/bbt.md) | COM | $11.6m | 1.5% | 381,184 |  | Unchanged |
| [OCEANFIRST FINL CORP (OCFC)](/companies/ocfc.md) | COM | $10.5m | 1.4% | 539,542 |  | Added +264,042 |
| [NATIONAL CINEMEDIA INC (NCMI)](/companies/ncmi.md) | COM NEW | $6.4m | 0.8% | 1,678,903 |  | Unchanged |
| [NCR ATLEOS CORPORATION (NATL)](/companies/natl.md) | COM SHS | $6.2m | 0.8% | 143,500 |  | Unchanged |
| [FIVE POINT HOLDINGS LLC (FPH)](/companies/fph.md) | COM CL A | $6.1m | 0.8% | 1,158,162 |  | Unchanged |
| [TRAEGER INC (COOK)](/companies/cook.md) | COM NEW | $3.0m | 0.4% | 37,960 |  | Unchanged |
| [KILROY REALTY CORP (KRC)](/companies/krc.md) | COM | $3.0m | 0.4% | 79,449 |  | Unchanged |
| [CINEMARK HLDGS INC (CNK)](/companies/cnk.md) | COM | $2.1m | 0.3% | 64,891 |  | Reduced −194,672 |
| AFFIRM HLDGS INC | NOTE 11/1 | $1.1m | 0.1% | $1,074,000 principal |  | Unchanged |
| [AZUL S A (AZUL)](/companies/azul.md) | SPONSORED ADS | $1.0m | 0.1% | 113,909 |  | New +113,909 |
| SKINHEALTH SYSTEMS INC | COM CL A | $441.1k | <0.1% | 636,954 |  | Unchanged |
| [DIVERSIFIED ENERGY CO (DEC)](/companies/dec.md) | COMMON STOCK | $235.7k | <0.1% | 17,009 |  | Unchanged |
| ARDAGH METAL PACKAGING S A | SHS | $226.8k | <0.1% | 47,852 |  | New +47,852 |
| VALARIS LTD | CL A | $47.8k | <0.1% | 658 |  | Unchanged |
| EPR PPTYS | PFD C CV 5.75% | $25.6k | <0.1% | 1,000 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| SERVICE PPTYS TR | COM SH BEN INT | $0 | 0.0% | 0 |  | Sold out −692,346 |

Source: SEC EDGAR, Form 13F-HR, accession 0001604350-26-000023. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.