whalepapers
Overview/ Oaktree Capital Management LP/ Q1 2019

Oaktree Capital Management LP

Howard Marks & Bruce Karsh · As of Q1 2019 · filed May 14, 2019

Q1 2019

Holdings

210 positions · Δ vs prior quarter
VST VISTRA CORP
$626.1M
11.9%
24,051,399 −36,264,355 −60.1% Reduced
TRMD TORM PLC-A
$358.0M
6.8%
47,600,172 −47,600,172 −50.0% Reduced
ALLY ALLY FINANCIAL INC
$306.3M
5.8%
11,143,541 −12,303,541 −52.5% Reduced
SBLK STAR BULK CARRIERS CORP
$232.8M
4.4%
35,384,197 −32,939,305 −48.2% Reduced
NMIH NMI HOLDINGS INC
$147.0M
2.8%
5,681,992 −5,681,992 −50.0% Reduced
SPY PUT SS SPDR S&P 500 ETF TRUST-US
$141.2M
2.7%
500,000 −100,000 −16.7% Reduced
CZREUR CAESARS ENTERTAINMENT CORP
$132.5M
2.5%
15,250,000 −4,750,000 −23.8% Reduced
EGLEEUR EAGLE BULK SHIPPING INC
$122.1M
2.3%
26,267,467 −25,951,605 −49.7% Reduced
TSM TAIWAN SEMICONDUCTOR-SP ADR
$118.8M
2.3%
2,900,352 −4,796,802 −62.3% Reduced
IBN ICICI BANK LTD-SPON ADR
$118.2M
2.2%
10,313,083 −8,499,401 −45.2% Reduced
ITUB ITAU UNIBANCO H-SPON PRF ADR
$106.3M
2.0%
12,064,930 −9,940,670 −45.2% Reduced
MU PUT MICRON TECHNOLOGY INC
$93.0M
1.8%
2,250,000 +2,050,000 +1025.0% Added
INFNEUR INFINERA CORP
$91.0M
1.7%
20,975,384 −20,975,384 −50.0% Reduced
BRYGBP BERRY CORP
$90.1M
1.7%
7,806,717 +7,806,717 New
PBR/A PETROLEO BRASIL-SP PREF ADR
$79.3M
1.5%
5,545,468 −5,558,764 −50.1% Reduced
CMBT CMB TECH NV
$66.1M
1.3%
8,107,246 −10,274,892 −55.9% Reduced
CEO CNOOC LTD-SPON ADR
$64.0M
1.2%
344,381 −287,293 −45.5% Reduced
BABA ALIBABA GROUP HOLDING-SP ADR
$63.8M
1.2%
349,648 −287,112 −45.1% Reduced
ACR 4.5 08/15/22 PRN ACRES COMMERCIAL REALTY
$53.3M
1.0%
54,185,000 −37,943,000 −41.2% Reduced
WFRD 5.875 07/01/21 PRN WEATHERFORD INTL LTD
$48.6M
0.9%
59,790,000 −45,134,000 −43.0% Reduced
CCS CENTURY COMMUNITIES INC
$43.6M
0.8%
1,819,003 −1,819,003 −50.0% Reduced
AZUL SA-ADR
$43.2M
0.8%
1,479,868 −1,404,860 −48.7% Reduced
SMCIUSD SUPER MICRO COMPUTER INC
$42.3M
0.8%
2,000,000 Held
AU3EUR ANGLOGOLD ASHANTI-SPON ADR
$41.5M
0.8%
3,170,233 −2,982,243 −48.5% Reduced
INFY INFOSYS LTD-SP ADR
$39.8M
0.8%
3,640,465 −2,976,533 −45.0% Reduced
BONANZA CREEK ENERGY INC
$38.6M
0.7%
1,700,156 −1,700,156 −50.0% Reduced
AABAUSD ALTABA INC
$35.9M
0.7%
483,866 −483,866 −50.0% Reduced
P5Y BRF SA-ADR
$34.8M
0.7%
5,971,024 −4,890,786 −45.0% Reduced
PMT 5.375 05/01/20 PRN PENNYMAC CORP
$34.1M
0.6%
33,921,000 −13,827,000 −29.0% Reduced
YUMC YUM CHINA HOLDINGS INC
$33.4M
0.6%
744,536 −1,055,800 −58.6% Reduced
VICI VICI PROPERTIES INC
$32.8M
0.6%
1,500,000 −4,222,638 −73.8% Reduced
WB WEIBO CORP-SPON ADR
$32.8M
0.6%
528,618 −334,582 −38.8% Reduced
CX CEMEX SAB-SPONS ADR PART CER
$29.4M
0.6%
6,331,930 −5,186,500 −45.0% Reduced
MTG MGIC INVESTMENT CORP
$29.3M
0.6%
2,220,000 −2,220,000 −50.0% Reduced
XECEUR CIMAREX ENERGY CO
$29.1M
0.6%
415,735 −267,525 −39.2% Reduced
HURN 1.25 10/01/19 PRN HURON CONSULTING GROUP I
$28.8M
0.5%
29,132,000 −35,388,000 −54.8% Reduced
STKL SUNOPTA INC
$28.0M
0.5%
8,092,699 −8,092,699 −50.0% Reduced
DISH 3.375 08/15/26 PRN DISH NETWORK CORP
$27.5M
0.5%
32,291,000 −12,959,000 −28.6% Reduced
WLL 1.25 04/01/20 PRN WHITING PETROLEUM CORP
$27.3M
0.5%
28,150,000 −17,290,000 −38.1% Reduced
PRAA 3 08/01/20 PRN PRA GROUP INC
$26.2M
0.5%
27,068,000 −13,532,000 −33.3% Reduced
CATM 1 12/01/20 PRN CARDTRONICS INC
$26.0M
0.5%
26,161,000 −39,733,000 −60.3% Reduced
DBRG 3.875 01/15/21 PRN COLONY CAPITAL INC
$25.8M
0.5%
27,018,000 −24,138,000 −47.2% Reduced
MX MAGNACHIP SEMICONDUCTOR CORP
$24.1M
0.5%
3,250,000 −3,250,000 −50.0% Reduced
NBIS NEBIUS GROUP NV
$22.7M
0.4%
660,649 −541,157 −45.0% Reduced
Z 2 12/01/21 PRN ZILLOW INC
$22.1M
0.4%
21,554,000 +21,554,000 New
PCG P G & E CORP
$21.6M
0.4%
1,215,000 −1,215,000 −50.0% Reduced
PEGI 4 07/15/20 PRN PATTERN ENERGY GROUP INC
$21.6M
0.4%
21,410,000 −57,834,000 −73.0% Reduced
RWT 5.625 11/15/19 PRN RWT HOLDINGS INC
$21.2M
0.4%
20,972,000 −23,014,000 −52.3% Reduced
TWTR 0.25 09/15/19 PRN TWITTER INC
$21.1M
0.4%
21,381,000 −34,611,000 −61.8% Reduced
VRSUSD VERSO CORP - A
$20.6M
0.4%
961,319 −961,319 −50.0% Reduced
ASRT 2.5 09/01/21 PRN ASSERTIO THERAPEUTICS IN
$20.5M
0.4%
26,583,000 −29,127,000 −52.3% Reduced
Z 1.5 07/01/23 PRN ZILLOW GROUP INC
$20.4M
0.4%
22,227,000 +22,227,000 New
GPRE 4.125 09/01/22 PRN GREEN PLAINS INC
$20.3M
0.4%
21,116,000 −16,080,000 −43.2% Reduced
CKH 3 11/15/28 PRN SEACOR HOLDINGS INC
$19.8M
0.4%
20,169,000 −31,549,000 −61.0% Reduced
YETI YETI HOLDINGS INC
$19.2M
0.4%
633,938 −633,938 −50.0% Reduced
MIC 2 10/01/23 PRN MACQUARIE INFRASTRUCTURE
$19.1M
0.4%
21,660,000 +12,780,000 +143.9% Added
ECPG 2.875 03/15/21 PRN ENCORE CAPITAL GROUP INC
$18.9M
0.4%
20,474,000 +746,000 +3.8% Added
HTGC 4.375 02/01/22 PRN HERCULES CAPITAL INC
$18.6M
0.4%
19,041,000 +1,255,000 +7.1% Added
COOP MR COOPER GROUP INC
$18.5M
0.4%
1,927,544 −1,927,544 −50.0% Reduced
ADAM 6.25 01/15/22 PRN NEW YORK MORTGAGE TRUST
$18.3M
0.3%
18,247,000 +413,000 +2.3% Added
LRCXEUR PUT LAM RESEARCH CORP
$17.9M
0.3%
100,000 +100,000 New
ARI 4.75 08/23/22 PRN APOLLO CMMRL REAL EST FI
$17.7M
0.3%
18,143,000 −54,533,000 −75.0% Reduced
PATK 1 02/01/23 PRN PATRICK INDUSTRIES INC
$17.7M
0.3%
19,754,000 +19,754,000 New
TSLAEN 1.625 11/01/19 PRN TESLA ENERGY OPERATIONS
$17.7M
0.3%
18,289,000 −8,589,000 −32.0% Reduced
ILMN 0.5 06/15/21 PRN ILLUMINA INC
$17.0M
0.3%
12,500,000 +12,500,000 New
STONEMOR PARTNERS LP
$16.9M
0.3%
4,477,857 −4,477,857 −50.0% Reduced
FOR 3.75 03/01/20 PRN FORESTAR GROUP INC
$16.6M
0.3%
16,600,000 −12,980,000 −43.9% Reduced
VAL 3 01/31/24 PRN ENSCO JERSEY FINANCE LTD
$16.3M
0.3%
21,007,000 +18,503,000 +738.9% Added
TCOM 1.25 09/15/22 PRN TRIP.COM GROUP LTD
$16.0M
0.3%
15,776,000 −15,414,000 −49.4% Reduced
HKEUR HALCON RESOURCES CORP
$15.5M
0.3%
11,500,000 −11,500,000 −50.0% Reduced
VECO 2.7 01/15/23 PRN VEECO INSTRUMENTS INC
$15.5M
0.3%
18,031,000 +11,703,000 +184.9% Added
TEO TELECOM ARGENTINA SA-SP ADR
$15.2M
0.3%
1,044,000 −834,000 −44.4% Reduced
MCHP 1.625 02/15/27 PRN MICROCHIP TECHNOLOGY INC
$14.9M
0.3%
13,500,000 −500,000 −3.6% Reduced
ACOR 1.75 06/15/21 PRN ACORDA THERAPEUTICS INC
$14.8M
0.3%
16,632,000 +3,632,000 +27.9% Added
SSRMCN 2.875 02/01/33 PRN SSR MINING INC
$14.2M
0.3%
14,141,000 −53,821,000 −79.2% Reduced
BXMT 4.375 05/05/22 PRN BLACKSTONE MORTGAGE TR
$14.2M
0.3%
13,981,000 −58,711,000 −80.8% Reduced
ECHO 2.5 05/01/20 PRN ECHO GLOBAL LOGISTICS
$13.8M
0.3%
13,810,000 −5,742,000 −29.4% Reduced
BDX 6.125 05/01/20 A BECTON DICKINSON AND CO
$13.7M
0.3%
221,210 −228,430 −50.8% Reduced
NMFC 5 06/15/19 PRN NEW MOUNTAIN FINANCE COR
$13.5M
0.3%
13,513,000 −26,049,000 −65.8% Reduced
DISH 2.375 03/15/24 PRN DISH NETWORK CORP
$13.2M
0.3%
15,890,000 +15,890,000 New
QGEN 1 11/13/24 PRN QIAGEN NV
$13.1M
0.2%
12,000,000 −800,000 −6.3% Reduced
ON 1 12/01/20 PRN ON SEMICONDUCTOR CORP
$13.0M
0.2%
10,500,000 −22,500,000 −68.2% Reduced
TEVA 0.25 02/01/26 C PRN TEVA PHARM FIN CO LLC
$12.9M
0.2%
13,878,000 −72,908,000 −84.0% Reduced
SFL 5.75 10/15/21 PRN SFL CORP LTD
$12.8M
0.2%
12,913,000 +2,173,000 +20.2% Added
HLF 2.625 03/15/24 PRN HERBALIFE LTD
$12.7M
0.2%
12,020,000 +12,020,000 New
ICPT 3.25 07/01/23 PRN INTERCEPT PHARMAS
$12.6M
0.2%
12,689,000 −51,763,000 −80.3% Reduced
PAM PAMPA ENERGIA SA-SPON ADR
$12.2M
0.2%
441,500 −235,500 −34.8% Reduced
VIAV 1 03/01/24 PRN VIAVI SOLUTIONS INC
$12.0M
0.2%
10,660,000 +5,260,000 +97.4% Added
BKCC 5 06/15/22 PRN BLACKROCK CAPITAL INVEST
$11.9M
0.2%
11,935,000 −3,335,000 −21.8% Reduced
CONTURA ENERGY INC
$11.6M
0.2%
199,560 −511,620 −71.9% Reduced
GWRE 1.25 03/15/25 PRN GUIDEWIRE SOFTWARE INC
$11.5M
0.2%
10,500,000 +10,500,000 New
CCI 6.875 08/01/20 A CROWN CASTLE INTL CORP
$11.3M
0.2%
9,506 −36,868 −79.5% Reduced
RDUS 3 09/01/24 PRN RADIUS HEALTH INC
$11.2M
0.2%
13,450,000 +13,450,000 New
INSM 1.75 01/15/25 PRN INSMED INC
$11.2M
0.2%
11,000,000 +11,000,000 New
EXE 5.5 09/15/26 PRN EXPAND ENERGY CORP
$11.0M
0.2%
11,790,000 +1,030,000 +9.6% Added
NEE 6.123 09/01/19 NEXTERA ENERGY INC
$10.9M
0.2%
176,390 −786,390 −81.7% Reduced
INVH 3.5 01/15/22 PRN IH MERGER SUB LLC
$10.8M
0.2%
9,461,000 −11,195,000 −54.2% Reduced
ZD 3.25 06/15/29 PRN J2 GLOBAL COMMUNICATIONS
$10.7M
0.2%
8,000,000 +8,000,000 New
LITE 0.25 03/15/24 PRN LUMENTUM HOLDINGS INC
$10.6M
0.2%
9,000,000 +9,000,000 New
OSIS 1.25 09/01/22 PRN OSI SYSTEMS INC
$10.6M
0.2%
10,390,000 −37,190,000 −78.2% Reduced
GSBD 4.5 04/01/22 PRN GOLDMAN SACHS BDC INC
$10.5M
0.2%
10,650,000 −12,612,000 −54.2% Reduced
IONS 1 11/15/21 PRN IONIS PHARMACEUTICALS IN
$10.3M
0.2%
7,640,000 −50,460,000 −86.9% Reduced
WDAY 0.25 10/01/22 PRN WORKDAY INC
$10.1M
0.2%
7,158,000 −18,158,000 −71.7% Reduced
WMC 6.75 10/01/22 PRN WESTERN ASSET MTGE CAP
$10.1M
0.2%
10,304,000 −2,278,000 −18.1% Reduced
PRAA 3.5 06/01/23 PRN PRA GROUP INC
$9.9M
0.2%
11,030,000 −4,900,000 −30.8% Reduced
MRVL 1.125 12/01/20 PRN INPHI CORP
$9.8M
0.2%
7,975,000 −23,975,000 −75.0% Reduced
TITN 3.75 05/01/19 PRN TITAN MACHINERY INC
$9.7M
0.2%
9,725,000 −8,669,000 −47.1% Reduced
NVRO 1.75 06/01/21 PRN NEVRO CORP
$9.4M
0.2%
9,284,000 +9,284,000 New
SRE 6.75 07/15/21 B SEMPRA ENERGY
$9.4M
0.2%
88,190 −317,830 −78.3% Reduced
TSQ TOWNSQUARE MEDIA INC - CL A
$9.1M
0.2%
1,595,224 −1,595,224 −50.0% Reduced
EXAS 0.375 03/15/27 PRN EXACT SCIENCES CORP
$9.1M
0.2%
8,905,000 +8,905,000 New
TGS TRANSPORTADOR GAS-ADR SP B
$9.1M
0.2%
689,000 −317,000 −31.5% Reduced
CLVS 2.5 09/15/21 PRN CLOVIS ONCOLOGY INC
$9.0M
0.2%
9,680,000 +2,970,000 +44.3% Added
VRNT 1.5 06/01/21 PRN VERINT SYSTEMS INC
$8.9M
0.2%
8,061,000 −36,061,000 −81.7% Reduced
TCPC 5.25 12/15/19 PRN BLACKROCK TCP CAP CORP
$8.8M
0.2%
8,733,000 −17,023,000 −66.1% Reduced
NBIX 2.25 05/15/24 PRN NEUROCRINE BIOSCIENCES
$8.8M
0.2%
6,500,000 +6,500,000 New
NUAN 1 12/15/35 PRN NUANCE COMMUNICATIONS
$8.8M
0.2%
9,375,000 −31,075,000 −76.8% Reduced
TSLX 4.5 12/15/19 PRN TPG SPECIALTY LENDING IN
$8.8M
0.2%
8,707,000 −10,567,000 −54.8% Reduced
NXPI 1 12/01/19 PRN NXP SEMICONDUCTOR NV
$8.6M
0.2%
8,389,000 −39,389,000 −82.4% Reduced
VSI 2.25 12/01/20 PRN VITAMIN SHOPPE INC
$8.5M
0.2%
9,525,000 −5,795,000 −37.8% Reduced
TVTX 2.5 09/15/25 PRN TRAVERE THERAPEUTICS INC
$8.4M
0.2%
9,000,000 +9,000,000 New
GLIBAEUR GCI LIBERTY INC - CLASS A
$8.3M
0.2%
150,000 −150,000 −50.0% Reduced
VGR V1.75 04/15/20 PRN VECTOR GROUP LTD
$8.2M
0.2%
8,085,000 −11,065,000 −57.8% Reduced
EZPW 2.125 06/15/19 PRN EZCORP INC
$8.0M
0.2%
7,952,000 −24,742,000 −75.7% Reduced
IIVI 0.5 12/15/36 PRN FINISAR CORP
$8.0M
0.2%
8,096,000 −19,182,000 −70.3% Reduced
SYNA 0.5 06/15/22 PRN SYNAPTICS INC
$7.8M
0.1%
8,415,000 +8,415,000 New
GLNG 2.75 02/15/22 PRN GOLAR LNG LTD
$7.7M
0.1%
8,000,000 −56,262,000 −87.6% Reduced
SRC 2.875 05/15/19 PRN SPIRIT REALTY CAPITAL IN
$7.6M
0.1%
7,613,000 −75,621,000 −90.9% Reduced
BATRKUSD LIBERTY MEDIA CORP-BRAVES C
$7.4M
0.1%
266,900 −873,304 −76.6% Reduced
HASI 4.125 09/01/22 PRN HANNON ARMSTRONG SUSTAIN
$7.4M
0.1%
7,275,000 −10,263,000 −58.5% Reduced
DHR 4.75 04/15/22 A DANAHER CORP
$7.4M
0.1%
7,000 +7,000 New
HZNP 2.5 03/15/22 PRN HORIZON PHARMA INV LTD
$7.3M
0.1%
6,385,000 −41,023,000 −86.5% Reduced
MNDT 1 06/01/35 A PRN MANDIANT INC
$7.3M
0.1%
7,479,000 −13,053,000 −63.6% Reduced
IFXGR 4.5 01/15/22 PRN CYPRESS SEMICONDUCTOR CO
$7.3M
0.1%
5,685,000 +5,685,000 New
CEMEX 3.72 03/15/20 PRN CEMEX SAB DE CV
$7.1M
0.1%
7,165,000 −8,041,000 −52.9% Reduced
JAZZ 1.875 08/15/21 PRN JAZZ INVESTMENTS I LTD
$7.1M
0.1%
7,000,000 +1,112,000 +18.9% Added
QTS 6.5 PERP B QTS REALTY TRUST INC
$6.7M
0.1%
61,340 −245,340 −80.0% Reduced
HLX 4.25 05/01/22 PRN HELIX ENERGY SOLUTIONS
$6.4M
0.1%
6,455,000 −3,157,000 −32.8% Reduced
CEMEX 3.72 03/15/20 * PRN CEMEX SAB DE CV
$6.4M
0.1%
6,385,000 +1,145,000 +21.9% Added
RGLD 2.875 06/15/19 PRN ROYAL GOLD INC
$6.1M
0.1%
6,034,000 −91,064,000 −93.8% Reduced
D 6.75 08/15/19 A DOMINION ENERGY INC
$6.0M
0.1%
120,650 −950,350 −88.7% Reduced
GMED 2.25 03/15/21 PRN NUVASIVE INC
$5.9M
0.1%
5,260,000 −3,260,000 −38.3% Reduced
FTV 5 07/01/21 A FORTIVE CORPORATION
$5.8M
0.1%
5,500 +5,500 New
HTHT 0.375 11/01/22 PRN H WORLD GROUP LTD
$5.8M
0.1%
5,000,000 +5,000,000 New
DHT 4.5 10/01/19 PRN DHT HOLDINGS INC
$5.7M
0.1%
5,714,000 −5,314,000 −48.2% Reduced
RDFN 1.75 07/15/23 PRN REDFIN CORP
$5.7M
0.1%
5,925,000 +5,925,000 New
GNC 1.5 08/15/20 PRN VITAMIN OLDCO HOLDINGS
$5.6M
0.1%
6,884,000 −4,448,000 −39.3% Reduced
ZEN 0.25 03/15/23 PRN ZENDESK INC
$5.6M
0.1%
3,835,000 +3,835,000 New
RIG 0.5 01/30/23 PRN TRANSOCEAN INC
$5.6M
0.1%
5,000,000 +5,000,000 New
TPC 2.875 06/15/21 PRN TUTOR PERINI CORP
$5.6M
0.1%
5,806,000 +5,806,000 New
ATSG 1.125 10/15/24 PRN AIR TRANSPORT SERVICES G
$5.5M
0.1%
5,500,000 +5,500,000 New
RH 0 07/15/20 PRN RH
$5.5M
0.1%
5,000,000 +5,000,000 New
NUAN 1.25 04/01/25 PRN NUANCE COMMUNICATIONS
$5.5M
0.1%
5,500,000 +5,500,000 New
TSLA 2.375 03/15/22 PRN TESLA INC
$5.5M
0.1%
5,000,000 +5,000,000 New
DTE 6.5 10/01/19 DTE ENERGY CO
$5.3M
0.1%
96,000 −334,000 −77.7% Reduced
IRWD 2.25 06/15/22 PRN IRONWOOD PHARMACEUTICALS
$5.2M
0.1%
4,750,000 +4,750,000 New
FWONK 1 01/30/23 PRN LIBERTY MEDIA CORP
$5.1M
0.1%
4,500,000 +4,500,000 New
CZR 5 10/01/24 PRN CAESARS HOLDINGS INC
$5.0M
0.1%
3,500,000 +3,500,000 New
JAZZ 1.5 08/15/24 PRN JAZZ INVESTMENTS I LTD
$4.9M
0.1%
5,000,000 +5,000,000 New
COVPHA 3.25 06/01/22 PRN COVIS FINCO SARL
$4.7M
0.1%
5,365,000 +5,365,000 New
FLXN 3.375 05/01/24 PRN FLEXION THERAPEUTICS INC
$4.4M
0.1%
5,064,000 +5,064,000 New
BELFB BEL FUSE INC-CL B
$4.4M
0.1%
175,060 −175,060 −50.0% Reduced
DERM 3 05/15/22 PRN DERMIRA INC
$4.2M
0.1%
4,740,000 +4,740,000 New
OI SA
$4.1M
0.1%
2,201,646 −2,201,646 −50.0% Reduced
MDCO 2.75 07/15/23 PRN MEDICINES COMPANY
$4.1M
0.1%
4,840,000 +4,840,000 New
VST 7 07/01/19 VISTRA ENERGY CORP
$4.1M
0.1%
41,300 −159,500 −79.4% Reduced
HCI 4.25 03/01/37 PRN HCI GROUP INC
$3.9M
0.1%
3,923,000 +1,113,000 +39.6% Added
LYV 2.5 03/15/23 PRN LIVE NATION ENTERTAINMEN
$3.9M
0.1%
3,340,000 +3,340,000 New
CAMP 1.625 05/15/20 PRN CALAMP CORP
$3.7M
0.1%
3,844,000 −4,486,000 −53.9% Reduced
WFC 7.5 PERP L WELLS FARGO & COMPANY
$3.7M
0.1%
2,875 −8,763 −75.3% Reduced
TSLA 1.25 03/01/21 PRN TESLA INC
$3.7M
0.1%
3,605,000 −54,605,000 −93.8% Reduced
SWK 5.375 05/15/20 STANLEY BLACK & DECKER I
$3.7M
0.1%
37,500 +37,500 New
AEP 6.125 03/15/22 AMERICAN ELECTRIC POWER
$3.6M
0.1%
70,000 +70,000 New
VEON LTD
$3.5M
0.1%
1,678,900 −1,678,900 −50.0% Reduced
ARCC 4.625 03/01/24 PRN ARES CAPITAL CORP
$3.2M
0.1%
3,200,000 +3,200,000 New
OCSI OAKTREE STRATEGIC INCOME COR
$3.2M
0.1%
392,000 −392,000 −50.0% Reduced
IVC 5 02/15/21 PRN INVACARE CORP
$3.1M
0.1%
3,415,000 +3,415,000 New
RNG 0 03/15/23 PRN RINGCENTRAL INC
$2.8M
0.1%
1,952,000 +1,952,000 New
QTWO 0.75 02/15/23 PRN Q2 HOLDINGS INC
$2.6M
0.0%
2,000,000 +2,000,000 New
BAC 7.25 PERP L BANK OF AMERICA CORP
$2.6M
0.0%
1,960 −7,440 −79.1% Reduced
SRPT 1.5 11/15/24 PRN SAREPTA THERAPEUTICS INC
$2.3M
0.0%
1,260,000 +1,260,000 New
FLG 6 11/01/51 FLAGSTAR BANK NA
$2.3M
0.0%
47,149 +47,149 New
MBTGBP MOBILE TELESYSTEMS-SP ADR
$2.3M
0.0%
298,500 −298,500 −50.0% Reduced
FPI FARMLAND PARTNERS INC
$2.2M
0.0%
350,000 −350,000 −50.0% Reduced
INFN 2.125 09/01/24 PRN INFINERA CORP
$2.2M
0.0%
2,780,000 +2,780,000 New
BMRN 0.599 08/01/24 PRN BIOMARIN PHARMACEUTICAL
$2.2M
0.0%
2,100,000 −12,700,000 −85.8% Reduced
TCOM 1 07/01/20 PRN TRIP.COM GROUP LTD
$2.0M
0.0%
2,000,000 +2,000,000 New
COHR 0.25 09/01/22 PRN II-VI INC
$2.0M
0.0%
1,945,000 +1,945,000 New
SPWR 4 01/15/23 PRN SUNPOWER CORP
$2.0M
0.0%
2,374,000 −2,374,000 −50.0% Reduced
GPRO 3.5 04/15/22 PRN GOPRO INC
$1.9M
0.0%
1,940,000 +1,940,000 New
LNG 4.25 03/15/45 PRN CHENIERE ENERGY INC
$1.8M
0.0%
2,312,000 −5,728,000 −71.2% Reduced
TREE 0.625 06/01/22 PRN LENDINGTREE INC
$1.8M
0.0%
1,000,000 +1,000,000 New
GEENQ 2.75 02/15/35 PRN EEG GLIDER INC
$1.7M
0.0%
3,285,000 −3,285,000 −50.0% Reduced
INDA ISHARES MSCI INDIA ETF
$1.7M
0.0%
47,000 −19,600 −29.4% Reduced
BELFA BEL FUSE INC-CL A
$1.5M
0.0%
71,613 −71,613 −50.0% Reduced
US WELL SERVICES INC
$1.5M
0.0%
1,500,000 −1,500,000 −50.0% Reduced
MTOR 3.25 10/15/37 PRN MERITOR INC
$1.4M
0.0%
1,500,000 +1,500,000 New
FSC1EUR OAKTREE SPECIALTY LENDING CO
$1.4M
0.0%
276,000 −276,000 −50.0% Reduced
MPOUSD AMPLIFY ENERGY CORP
$1.4M
0.0%
139,473 −241,141 −63.4% Reduced
PVGCN 2.25 03/15/22 PRN PRETIUM RESOURCES INC
$1.3M
0.0%
1,395,000 −2,345,000 −62.7% Reduced
CAPITAL PRODUCT PARTNERS LP
$1.2M
0.0%
117,032 +117,032 New
SD SANDRIDGE ENERGY INC
$1.1M
0.0%
135,000 −135,000 −50.0% Reduced
BELLATRIX EXPLORATION LTD
$1.1M
0.0%
3,350,000 −3,350,000 −50.0% Reduced
PDLI 2.75 12/01/21 PRN PDL BIOPHARMA INC
$1.0M
0.0%
914,000 −7,366,000 −89.0% Reduced
SIGA SIGA TECHNOLOGIES INC
$959K
0.0%
159,782 +159,782 New
DSSI DIAMOND S SHIPPING INC
$836K
0.0%
80,382 +80,382 New
XOGEUR EXTRACTION OIL & GAS INC
$731K
0.0%
172,787 −172,787 −50.0% Reduced
IVC 4.5 06/01/22 PRN INVACARE CORP
$698K
0.0%
810,000 +810,000 New
UPL1EUR ULTRA PETROLEUM CORP
$361K
0.0%
590,799 −681,651 −53.6% Reduced
PDCE 1.125 09/15/21 PRN PDC ENERGY INC
$314K
0.0%
335,000 +335,000 New

Sold positions

40 closed in Q1 2019 · shares & value as of prior filing
Holding Shares sold Prior value
HYG PUT ISHR IBX USD HIYLD CB ETF-UI
2,000,000 $162.1M
SMH PUT VANECK SEMICONDUCTOR ETF
1,700,000 $147.6M
AKAM 0 02/15/19 PRN AKAMAI TECHNOLOGIES INC
137,810,000 $137.3M
MIC 2.875 07/15/19 PRN MACQUARIE INFRASTRUCTURE
97,506,000 $97.1M
VALE VALE SA-SP ADR
6,033,850 $79.6M
AVGO PUT BROADCOM INC
300,000 $76.1M
EFII 0.75 09/01/19 PRN ELECTRONICS FOR IMAGING
74,090,000 $72.3M
NAV 4.75 04/15/19 PRN NAVISTAR INTL CORP
70,174,000 $70.2M
KBH 1.375 02/01/19 PRN KB HOME
65,238,000 $65.1M
ARCC 4.375 01/15/19 PRN ARES CAPITAL CORP
51,498,000 $51.6M
BKNG 0.9 09/15/21 PRN BOOKING HOLDINGS INC
41,128,000 $45.5M
INVA 2.125 01/15/23 PRN INNOVIVA INC
40,800,000 $44.2M
P 1.75 12/01/20 PRN PANDORA MEDIA LLC
45,774,000 $43.4M
ILMN 0 06/15/19 PRN ILLUMINA INC
34,932,000 $42.8M
CJ1EUR C&J ENERGY SERVICES INC
2,650,000 $35.8M
EXAS 1 01/15/25 PRN EXACT SCIENCES CORP
28,556,000 $31.4M
RWT 5.625 07/15/24 PRN REDWOOD TRUST INC
29,720,000 $28.0M
NXPI NXP SEMICONDUCTORS NV
352,600 $25.8M
MDRX 1.25 07/01/20 PRN ALLSCRIPTS HEALTHCARE SO
25,970,000 $25.1M
CTXS 0.5 04/15/19 PRN CITRIX SYSTEMS INC
17,058,000 $24.3M
ROWAN COS PLC
2,788,292 $23.4M
HCI 3.875 03/15/19 PRN HCI GROUP INC
22,108,000 $22.1M
PCRX 2.375 04/01/22 PRN PACIRA BIOSCIENCES INC
19,390,000 $19.3M
IFF 6 09/15/21 INTL FLAVOR & FRAGRANCES
379,000 $19.2M
HWM 1.625 10/15/19 PRN ARCONIC INC
17,014,000 $17.0M
BMRN 1.5 10/15/20 PRN BIOMARIN PHARMACEUTICAL
13,120,000 $14.6M
GPMT 5.625 12/01/22 PRN GRANITE POINT MTGE TRST
14,410,000 $14.4M
CSIQ 4.25 02/15/19 PRN CANADIAN SOLAR INC
12,540,000 $12.5M
COWN 3 03/15/19 PRN COWEN INC
11,340,000 $11.3M
HYG ISHR IBX USD HIYLD CB ETF-UI
123,000 $10.0M
TWO 6.25 01/15/22 PRN TWO HARBORS INV CORP
10,112,000 $9.9M
NVAX 3.75 02/01/23 PRN NOVAVAX INC
14,990,000 $9.2M
SJI 7.25 04/15/21 SOUTH JERSEY INDUSTRIES
186,000 $8.7M
NOG1EUR NORTHERN OIL AND GAS INC
3,579,334 $8.1M
ARRY 2.625 12/01/24 PRN ARRAY BIO INC
6,000,000 $7.3M
PSEC 4.75 04/15/20 PRN PROSPECT CAPITAL CORP
5,372,000 $5.3M
QGEN 0.375 03/19/19 PRN QIAGEN NV
4,400,000 $5.3M
TRCO TRIBUNE MEDIA CO - A
79,102 $3.6M
CAPITAL PRODUCT PARTNERS LP
1,638,456 $3.4M
SNCR 0.75 08/15/19 PRN SYNCHRONOSS TECHNOLOGIES
3,050,000 $2.9M

Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.