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Callodine Capital Management, LP

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13F filer, CIK 1741675, BOSTON, MA

Callodine Capital Management, LP reported $965,689,129 across 47 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-13. Its ten largest share positions make up 52.77% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-25-005015

Period
2025-06-30
Reported value
$966M
Holdings
47
Top 10 weight
52.77%
New
8
Sold out
4

Largest buys vs the previous quarter

SecurityShares changeApprox. value
SPBadded+624,057$33.1M
APOadded+189,693$26.9M
BTInew+527,500$25M
COFadded+115,708$24.6M
EQHadded+419,554$23.5M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
ABexited-174,060-$6.67M
CIMexited-400,000-$5.13M
ARRYexited-816,232-$3.98M
ZROZexited-25,000-$1.79M
BXSLreduced-27,787-$854K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2025

Share positions as resolved from 13F-HR 0001085146-25-005015, largest first. % of portfolio is the value over $965,689,129, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
WWWWOLVERINE WORLD WIDE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,312,500 shares; 2024Q4: 1,901,616 shares; 2025Q1: 3,047,071 shares; 2025Q2: 4,297,586 shares 4,297,586$77.7M8.05%+1,250,515Timeline
SPBSPECTRUM BRANDS HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 406,500 shares; 2024Q4: 527,500 shares; 2025Q1: 730,000 shares; 2025Q2: 1,354,057 shares 1,354,057$71.8M7.43%+624,057Timeline
COFCAPITAL ONE FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 50,000 shares; 2025Q1: 150,000 shares; 2025Q2: 265,708 shares 265,708$56.5M5.85%+115,708Timeline
VTRSVIATRIS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,687,129 shares; 2024Q4: 2,775,000 shares; 2025Q1: 3,625,000 shares; 2025Q2: 5,995,000 shares 5,995,000$53.5M5.54%+2,370,000Timeline
OWLBLUE OWL CAPITAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,525,000 shares; 2024Q4: 1,125,000 shares; 2025Q1: 1,497,531 shares; 2025Q2: 2,517,531 shares 2,517,531$48.4M5.01%+1,020,000Timeline
BAXBAXTER INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 727,500 shares; 2024Q4: 642,500 shares; 2025Q1: 877,500 shares; 2025Q2: 1,462,500 shares 1,462,500$44.3M4.59%+585,000Timeline
MTCHMATCH GROUP INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 457,760 shares; 2025Q1: 810,000 shares; 2025Q2: 1,355,000 shares 1,355,000$41.9M4.33%+545,000Timeline
EQHEQUITABLE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 320,289 shares; 2025Q2: 739,843 shares 739,843$41.5M4.3%+419,554Timeline
APOAPOLLO GLOBAL MGMT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 65,000 shares; 2024Q4: not reported; 2025Q1: 80,307 shares; 2025Q2: 270,000 shares 270,000$38.3M3.97%+189,693Timeline
CVSCVS HEALTH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 290,000 shares; 2025Q2: 518,000 shares 518,000$35.7M3.7%+228,000Timeline
JACKJACK IN THE BOX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 313,497 shares; 2024Q4: 305,377 shares; 2025Q1: 675,667 shares; 2025Q2: 1,619,932 shares 1,619,932$28.3M2.93%+944,265Timeline
AQNALGONQUIN POWER & UTILITIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,000,000 shares; 2024Q4: 2,600,000 shares; 2025Q1: 3,475,000 shares; 2025Q2: 4,840,969 shares 4,840,969$27.7M2.87%+1,365,969Timeline
TSLXSIXTH STREET SPECIALTY LENDIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,100,000 shares; 2024Q4: 1,075,000 shares; 2025Q1: 1,065,076 shares; 2025Q2: 1,064,824 shares 1,064,824$25.4M2.63%-252Timeline
BTIBRITISH AMERN TOB PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 527,500 shares 527,500$25M2.59%newTimeline
SNYSANOFI SAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 364,189 shares; 2024Q4: 384,189 shares; 2025Q1: 405,969 shares; 2025Q2: 515,209 shares 515,209$24.9M2.58%+109,240Timeline
GSKGSK PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 605,000 shares; 2024Q4: 700,000 shares; 2025Q1: 570,000 shares; 2025Q2: 598,519 shares 598,519$23M2.38%+28,519Timeline
PRDOPERDOCEO ED CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 461,209 shares; 2024Q4: 556,245 shares; 2025Q1: 481,245 shares; 2025Q2: 634,029 shares 634,029$20.7M2.15%+152,784Timeline
GPNGLOBAL PMTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 150,000 shares; 2025Q1: 257,500 shares; 2025Q2: 252,758 shares 252,758$20.2M2.09%-4,742Timeline
MOALTRIA GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 139,075 shares; 2024Q4: 100,000 shares; 2025Q1: not reported; 2025Q2: 344,562 shares 344,562$20.2M2.09%newTimeline
OREALTY INCOME CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 265,000 shares; 2025Q2: 335,000 shares 335,000$19.3M2%+70,000Timeline
CCITIGROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 150,000 shares; 2025Q2: 226,250 shares 226,250$19.3M1.99%+76,250Timeline
ETENERGY TRANSFER L PQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 625,000 shares; 2024Q4: 850,000 shares; 2025Q1: 660,000 shares; 2025Q2: 1,035,000 shares 1,035,000$18.8M1.94%+375,000Timeline
UGIUGI CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 293,750 shares; 2024Q4: 380,100 shares; 2025Q1: 300,000 shares; 2025Q2: 488,107 shares 488,107$17.8M1.84%+188,107Timeline
MTBM & T BK CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 80,000 shares; 2024Q4: 41,271 shares; 2025Q1: 27,500 shares; 2025Q2: 90,632 shares 90,632$17.6M1.82%+63,132Timeline
SSNCSS&C TECH HLDGSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 132,500 shares; 2024Q4: 130,000 shares; 2025Q1: 162,257 shares; 2025Q2: 192,837 shares 192,837$16M1.65%+30,580Timeline
DKDELEK US HLDGS INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 35,000 shares; 2025Q1: 674,661 shares; 2025Q2: 717,245 shares 717,245$15.2M1.57%+42,584Timeline
LBRTLIBERTY ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 348,547 shares; 2025Q2: 1,057,000 shares 1,057,000$12.1M1.26%+708,453Timeline
WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 825,000 shares; 2024Q4: 1,030,882 shares; 2025Q1: 1,030,882 shares; 2025Q2: 1,030,882 shares 1,030,882$11.8M1.23%0
SHELSHELL PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 125,000 shares 125,000$8.8M0.91%newTimeline
NCDLNUVEEN CHURCHILL DIRECT LENDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 350,389 shares; 2024Q4: 350,389 shares; 2025Q1: 500,000 shares; 2025Q2: 525,000 shares 525,000$8.5M0.88%+25,000Timeline
GELGENESIS ENERGY L PQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 250,000 shares; 2024Q4: 350,000 shares; 2025Q1: 450,000 shares; 2025Q2: 470,287 shares 470,287$8.1M0.84%+20,287Timeline
SSTKSHUTTERSTOCK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 413,227 shares 413,227$7.83M0.81%newTimeline
GBDCGOLUB CAP BDC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 553,314 shares; 2024Q4: 525,000 shares; 2025Q1: 525,000 shares; 2025Q2: 521,238 shares 521,238$7.64M0.79%-3,762Timeline
ELVELEVANCE HEALTH INC FORMERLYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 19,000 shares 19,000$7.39M0.77%newTimeline
MFICMIDCAP FINANCIAL INVSTMNT COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 93,112 shares; 2024Q4: 246,217 shares; 2025Q1: 409,850 shares; 2025Q2: 500,000 shares 500,000$6.31M0.65%+90,150Timeline
BXSLBLACKSTONE SECD LENDING FDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 225,000 shares; 2024Q4: 225,000 shares; 2025Q1: 200,000 shares; 2025Q2: 172,213 shares 172,213$5.3M0.55%-27,787Timeline
CIONCION INVT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 625,180 shares; 2024Q4: 500,000 shares; 2025Q1: 500,000 shares; 2025Q2: 550,000 shares 550,000$5.26M0.55%+50,000Timeline
KBDCKAYNE ANDERSON BDC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 340,535 shares; 2024Q4: 340,535 shares; 2025Q1: 337,730 shares; 2025Q2: 337,730 shares 337,730$5.15M0.53%0Timeline
PAGPPLAINS GP HLDGS L PQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 240,000 shares 240,000$4.66M0.48%newTimeline
OBDCBLUE OWL CAPITAL CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 325,000 shares; 2025Q2: 325,000 shares 325,000$4.66M0.48%0Timeline
PAAPLAINS ALL AMERN PIPELINE LQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 100,000 shares; 2025Q1: 150,000 shares; 2025Q2: 150,000 shares 150,000$2.75M0.28%0Timeline
BBDCBARINGS BDC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 553,270 shares; 2024Q4: 300,000 shares; 2025Q1: 300,000 shares; 2025Q2: 284,024 shares 284,024$2.6M0.27%-15,976Timeline
ARCCARES CAPITAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 250,000 shares; 2024Q4: 200,000 shares; 2025Q1: 100,000 shares; 2025Q2: 100,000 shares 100,000$2.2M0.23%0Timeline
TGTTARGET CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 20,000 shares 20,000$1.97M0.2%newTimeline
SEESEALED AIR CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 20,000 shares; 2025Q1: 60,000 shares; 2025Q2: 60,000 shares 60,000$1.86M0.19%0Timeline
FSKFS KKR CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 474,209 shares; 2024Q4: 436,271 shares; 2025Q1: 72,040 shares; 2025Q2: 72,040 shares 72,040$1.49M0.15%0Timeline
RGAREINSURANCE GROUP AMER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,262 shares 2,262$449K0.05%newTimeline

Sold out in Q2 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
ABALLIANCEBERNSTEIN HLDG L P174,060$6.67Mshares
CIMCHIMERA INVT CORP400,000$5.13Mshares
ARRYARRAY TECHNOLOGIES INC816,232$3.98Mshares
ZROZPIMCO ETF TR25,000$1.79Mshares

How Q2 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001085146-25-005015 base2025-08-13acceptance time not in the bulk data set