Q2 2026 13F · SEC CIK 1741675

Callodine Capital Management, LP

Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.5B
Reported positions: 62
Top holdings a year, 3 yrs: +9.5%
Assets under management: $2.0B

Callodine Capital Management, LP is a hedge fund that reported 62 positions worth $1.5B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Spectrum Brands Holdings Inc (SPB, 9.8%), Viatris Inc (VTRS, 8.4%), Wolverine World Wide Inc (WWW, 5.3%). A portfolio copying its top holdings returned 9.5% a year over the last 3 years, against 20.4% for the S&P 500.

Callodine Capital Management, LP holdings largest 50 of 62 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Callodine Capital Management, LP 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
SPBSpectrum Brands Holdings Inc	9.8%	10.7%	1,738,825	-15.1%	$149.1M
VTRSViatris Inc	8.4%	7.7%	8,000,742	-1.5%	$127.1M
WWWWolverine World Wide Inc	5.3%	5.2%	4,882,318	+8.4%	$80.7M
GPNGlobal Pmts Inc	4.7%	4.0%	992,651	+16.6%	$72.0M
MTCHMatch Group Inc.	4.3%	3.7%	1,707,888	+1.0%	$65.0M
BTIBritish Amern Tob PLC	4.1%	4.4%	1,008,609	-6.4%	$62.3M
COFCapital One Finl Corp	3.7%	3.4%	279,730	+6.4%	$56.1M
OVVOvintiv Inc Com	3.5%	3.1%	996,807	+35.8%	$52.5M
GSKGsk PLC	3.4%	4.9%	979,740	-22.2%	$51.4M
BXBlackstone Inc	3.2%	3.7%	407,621	-9.6%	$48.0M
UNHUnitedhealth Group Inc	3.1%	—	114,904	—	$47.8M
OCOwens Corning New	3.0%	2.5%	290,130	-11.2%	$46.1M
FCPTFour Corners Property Trust	2.5%	2.6%	1,541,807	-1.5%	$37.9M
PRDOPerdoceo Ed Corp	2.5%	3.5%	1,165,826	-11.4%	$37.3M
MTHMeritage Homes Corp (MTH)	2.4%	0.6%	440,000	+225.9%	$36.9M
ETPCEnergy Transfer L P	2.4%	2.6%	1,875,000	+0.0%	$35.9M
ORealty Income Corp.	2.3%	2.4%	553,473	-0.3%	$34.3M
WFCWells Fargo & Co	2.2%	2.2%	408,270	+3.1%	$33.7M
UDRUdr Inc	2.1%	2.0%	804,619	-3.5%	$32.1M
BBWIBath & Body Works Inc (BBWI)	2.0%	1.4%	1,342,750	+27.9%	$31.1M
APOApollo Global Management Inc	1.9%	3.4%	250,318	-42.9%	$29.6M
JACKJack in the Box Inc	1.8%	1.2%	1,717,153	-2.5%	$27.1M
INVHInvitation Homes Inc	1.7%	—	850,000	—	$25.7M
SSNCSs&c Tech Hldgs	1.7%	2.1%	413,751	-7.9%	$25.7M
MRPMillrose Pptys Inc	1.6%	1.5%	829,237	+8.8%	$24.9M
TGTTarget Corp	1.5%	1.5%	178,442	+1.3%	$23.3M
FSKFs Kkr Capital Corp	1.5%	1.0%	2,109,688	+58.1%	$22.2M
DXDynex Capital Inc	1.4%	1.5%	1,642,300	-1.7%	$21.5M
OWLBlue Owl Capital Inc	1.4%	1.9%	2,370,486	-19.7%	$20.7M
TSLXSixth Street Specialty Lendi	1.3%	1.5%	1,176,080	+4.1%	$20.2M
SSTKShutterstock Inc	1.1%	1.5%	1,249,346	-1.8%	$17.4M
VLYValley Natl Bancorp	1.0%	—	1,058,323	—	$15.5M
GPKGraphic Packaging Hldg Co	1.0%	0.7%	1,405,319	+36.3%	$14.9M
PAGPPlains Gp Hldgs L P	0.5%	0.7%	340,000	-12.8%	$8.3M
VIRTVirtu Finl Inc	0.5%	—	136,000	—	$8.1M
TRIPTripadvisor Inc	0.5%	0.4%	533,349	-7.4%	$7.3M
EXRExtra Space Storage Inc	0.5%	0.5%	50,000	-11.5%	$7.3M
GELGenesis Energy L P	0.5%	0.6%	484,963	+0.0%	$6.9M
OBDCBlue Owl Capital Corp.	0.4%	0.4%	525,000	+16.7%	$5.7M
SHELShell PLC	0.3%	0.4%	66,000	+0.0%	$5.1M
NCDLNuveen Churchill Direct Lending Corp	0.3%	0.4%	398,400	-11.5%	$4.9M
CIONCion Invt Corp	0.3%	0.3%	674,138	+10.1%	$4.2M
BXSLBlackstone Secd Lending Fd	0.3%	—	169,800	—	$4.0M
CFGCitizens Finl Group Inc	0.2%	—	50,000	—	$3.5M
OTFBlue Owl Technology Finance	0.2%	0.2%	300,000	+71.4%	$3.1M
BCSFBain Cap Specialty Fin Inc	0.2%	—	200,000	—	$2.5M
BBDCBarings BDC Inc.	0.2%	0.2%	290,000	+11.5%	$2.5M
GSBDGoldman Sachs BDC Inc	0.2%	—	250,000	—	$2.4M
CGBDCarlyle Secured Lending Inc	0.2%	—	225,000	—	$2.4M
TCPCBlackrock Tcp Capital Corp	0.2%	—	702,234	—	$2.4M

What Callodine Capital Management, LP bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +7.4% /yr; S&P 500 +20.1%
3 years: +9.5% /yr; S&P 500 +20.4%
5 years: +5.0% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.5B	62
Q1 2026	$1.4B	55
Q4 2025	$1.2B	52
Q3 2025	$1.1B	53
Q2 2025	$965.7M	47
Q1 2025	$601.2M	43
Q4 2024	$484.3M	42
Q3 2024	$475.6M	42
Q2 2024	$425.7M	42
Q1 2024	$411.7M	37
Q4 2023	$377.8M	37
Q3 2023	$358.7M	42

Questions about Callodine Capital Management, LP's portfolio

What stocks does Callodine Capital Management, LP own?

Callodine Capital Management, LP's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 62 positions worth $1.5B. The largest are Spectrum Brands Holdings Inc (SPB) at 9.8%, Viatris Inc (VTRS) at 8.4%, Wolverine World Wide Inc (WWW) at 5.3%, Global Pmts Inc (GPN) at 4.7% and Match Group Inc. (MTCH) at 4.3%.

What did Callodine Capital Management, LP buy last quarter?

In Q2 2026, Callodine Capital Management, LP added Meritage Homes Corp (MTH) (MTH) (+225.9% shares), Blue Owl Technology Finance (OTF) (+71.4% shares) and Fs Kkr Capital Corp (FSK) (+58.1% shares), compared with its Q1 2026 filing.

What did Callodine Capital Management, LP sell last quarter?

In Q2 2026, Callodine Capital Management, LP cut from its top 50 Baxter Intl Inc (BAX), cut from its top 50 On Semiconductor Corp (ON), cut from its top 50 Altria Group Inc (MO), cut from its top 50 Ugi Corporation (UGI), cut from its top 50 Lazard Inc (LAZ), Apollo Global Management Inc (APO) (-42.9% shares), Gsk PLC (GSK) (-22.2% shares) and Blue Owl Capital Inc (OWL) (-19.7% shares), compared with its Q1 2026 filing.

How has Callodine Capital Management, LP's portfolio performed?

A portfolio copying Callodine Capital Management, LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +9.5% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +7.4% against +20.1%. Over 5 years: +5.0% a year against +11.6%.

When is Callodine Capital Management, LP's next 13F filing due?

13F filings are due 45 days after each quarter ends. Callodine Capital Management, LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Callodine Capital Management, LP manage?

Callodine Capital Management, LP reported $2.0B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.5B.