Callodine Capital Management, LP
SEC Form 13F institutional filer · CIK 0001741675
13F-HR · 14 reported holdings · 2026-03-31
Reported long-US-equity value
$0.52B
Top-10 concentration
87.5%
Callodine Capital Management, LP — $518M AUM allocation strategy
Callodine Capital Management, LP files SEC Form 13F and reports $518M of long US equity value across 14 reported holdings for 2026-03-31.
Its largest sector bet is Financials 49.7%, followed by Health Care 25.4% and Real Estate 13.4%.
The top 10 holdings account for 87% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Callodine Capital Management, LP — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$518M
total across 14 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
87% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$UDR +644K sh · +$21.2M+$WFC +294K sh · +$22.1M+$GPN +272K sh · +$12.5M
Biggest trims (shares)
−$VTRS −1.56M sh · −$10.8M−$BAX −299K sh · −$8.74M−$MO −207K sh · −$9.72M
Exited to nil (held last quarter, gone now)
None this quarter
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Pharmaceuticals21.2%—
- Asset Management & Custody Banks19.5%—
- Consumer Finance13.1%—
- Transaction & Payment Processing Services11.1%—
- Retail REITs6.6%—
- Diversified Banks6.1%—
- Multi-Family Residential REITs5.4%—
- Health Care Equipment4.3%—
- Other holdings12.7%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $VTRS | Viatris Inc | 8.12M | $110M | -1.56M | 21.2% |
| $GPN | Global Payments Inc | 851K | $57.3M | +272K | 11.1% |
| $BX | Blackstone Inc | 451K | $51.9M | — | 10.0% |
| $APO | Apollo Global Management Inc | 439K | $48.9M | -22.2K | 9.4% |
| $COF | Capital One Financial Corporation | 263K | $48M | +36.7K | 9.3% |
| $O | Realty Income Corporation | 555K | $34M | -5.16K | 6.6% |
| $WFC | Wells Fargo & Company | 396K | $31.5M | +294K | 6.1% |
| $UDR | UDR Inc | 834K | $28.2M | +644K | 5.4% |
| $BAX | Baxter International Inc | 1.31M | $22.1M | -299K | 4.3% |
| $TGT | Target Corporation | 176K | $21.3M | +50.1K | 4.1% |
…and 4 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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