Callodine Capital Management, LP

The portfolio exhibits a high-conviction strategy with concentrated positions. The top ten holdings account for approximately 67.8% of the total portfolio value, indicating that the firm prefers focused bets over broad diversification. Despite the reduction in AUM, the firm remained active, executing 20 increases, 6 reductions, 4 new positions, and 20 exits. This high turnover suggests a tactical approach to portfolio management, responding rapidly to changing valuations or market conditions.

Key Holdings