whalepapers
Overview/ Oaktree Capital Management LP/ Q2 2013

Oaktree Capital Management LP

Howard Marks & Bruce Karsh · As of Q2 2013 · filed Aug 13, 2013

Q2 2013

Holdings

170 positions · Δ vs prior quarter
FBP FIRST BANCORP PUERTO RICO
$358.8M
7.3%
50,684,485 Held
EXCO RESOURCES INC
$281.0M
5.7%
36,778,946 Held
CHARTER COMMUNICATION-A
$244.4M
5.0%
1,973,595 −26,405 −1.3% Reduced
DYNEGY INC
$175.9M
3.6%
7,800,986 +576,579 +8.0% Added
CIEI 2.625 12/01/19 PRN COBALT INTL ENERGY INC
$155.5M
3.2%
146,500,000 +13,000,000 +9.7% Added
DELPHI AUTOMOTIVE PLC
$152.1M
3.1%
3,000,000 −1,000,000 −25.0% Reduced
SLXP 1.5 03/15/19 PRN SALIX PHARMACEUTICALS LT
$136.1M
2.8%
113,465,000 +113,465,000 New
TSLA 1.5 06/01/18 PRN TESLA INC
$111.7M
2.3%
98,400,000 +98,400,000 New
MGM 4.25 04/15/15 PRN MGM RESORTS INTL
$102.6M
2.1%
91,865,000 +18,500,000 +25.2% Added
SNDK 1.5 08/15/17 PRN SANDISK CORP
$92.4M
1.9%
68,930,000 −18,000,000 −20.7% Reduced
OCR 3.75 04/01/42 PRN OMNICARE INC
$91.6M
1.9%
73,560,000 −33,250,000 −31.1% Reduced
CEMEX 4.875 03/15/15 PRN CEMEX SAB DE CV
$86.6M
1.8%
75,077,000 +22,906,000 +43.9% Added
BKD 2.75 06/15/18 PRN BROOKDALE SENIOR LIVING
$86.2M
1.8%
72,975,000 −1,545,000 −2.1% Reduced
ALLIANCE HEALTHCARE SERVICES
$74.4M
1.5%
4,756,490 Held
FCE 4.25 08/15/18 PRN FOREST CITY REALTY TRUST
$73.3M
1.5%
65,171,000 −2,500,000 −3.7% Reduced
MTG MGIC INVESTMENT CORP
$72.8M
1.5%
12,000,000 +7,500,000 +166.7% Added
ON 2.625 12/15/26 B PRN ON SEMICONDUCTOR CORP
$68.1M
1.4%
58,945,000 −2,000,000 −3.3% Reduced
LRCX 0.5 05/15/16 PRN LAM RESEARCH CORP
$56.2M
1.1%
53,200,000 +36,950,000 +227.4% Added
MENT 4 04/01/31 PRN MENTOR GRAPHICS CORP
$53.3M
1.1%
43,806,000 −4,750,000 −9.8% Reduced
HLX 3.25 03/15/32 PRN HELIX ENERGY SOLUTIONS
$52.8M
1.1%
41,392,000 −4,500,000 −9.8% Reduced
GWR 5 10/01/15 GENESEE & WYOMING INC
$51.3M
1.0%
427,500 −35,000 −7.6% Reduced
INTC 2.95 12/15/35 PRN INTEL CORP
$50.5M
1.0%
46,225,000 +10,500,000 +29.4% Added
HOLX 0 03/01/42 2012 PRN HOLOGIC INC
$46.4M
0.9%
46,575,000 −4,000,000 −7.9% Reduced
GPI 2.25 06/15/36 PRN GROUP 1 AUTOMOTIVE INC
$45.9M
0.9%
38,202,000 +2,950,000 +8.4% Added
MTG 2 04/01/20 PRN MGIC INVESTMENT CORP
$45.0M
0.9%
39,500,000 −1,000,000 −2.5% Reduced
CRIMSON EXPLORATION INC
$43.8M
0.9%
15,524,819 Held
ALR 3 PERP B ALERE INC
$42.9M
0.9%
190,800 +5,000 +2.7% Added
INTC 3.25 08/01/39 PRN INTEL CORP
$42.2M
0.9%
33,000,000 −500,000 −1.5% Reduced
RWT 4.625 04/15/18 PRN REDWOOD TRUST INC
$42.0M
0.9%
42,250,000 −1,250,000 −2.9% Reduced
RTX 7.5 08/01/15 UNITED TECHNOLOGIES CORP
$39.5M
0.8%
664,950 −25,000 −3.6% Reduced
HWM 1.625 10/15/19 PRN ARCONIC INC
$38.9M
0.8%
41,100,000 +41,100,000 New
RTI 3 12/01/15 PRN RTI INTERNATIONAL METALS
$38.8M
0.8%
35,475,000 −3,500,000 −9.0% Reduced
HTWR 3.5 12/15/17 PRN HEARTWARE INTERNATIONAL
$38.3M
0.8%
30,625,000 +30,625,000 New
VSH VISHAY INTERTECHNOLOGY INC
$38.2M
0.8%
2,750,000 Held
DHCP 4.5 11/01/19 PRN DITECH HOLDING CORP
$37.1M
0.8%
36,505,000 +4,505,000 +14.1% Added
PLAB 3.25 04/01/16 PRN PHOTRONICS INC
$35.9M
0.7%
32,758,000 +20,217,000 +161.2% Added
NRG NRG ENERGY INC
$35.4M
0.7%
1,325,000 +413,000 +45.3% Added
MTNA 6 01/15/16 PRN ARCELORMITTAL
$35.3M
0.7%
1,880,000 −690,000 −26.8% Reduced
DBRG 5 04/15/23 PRN DIGITALBRIDGE GROUP INC
$33.9M
0.7%
33,520,000 +33,520,000 New
TTWO 1.75 12/01/16 PRN TAKE-TWO INTERACTIVE SOF
$33.0M
0.7%
29,828,000 −10,872,000 −26.7% Reduced
MTH 1.875 09/15/32 PRN MERITAGE HOMES CORP
$32.5M
0.7%
29,650,000 +1,400,000 +5.0% Added
X 2.75 04/01/19 PRN UNITED STATES STEEL CORP
$31.9M
0.6%
32,100,000 +32,100,000 New
KBH 1.375 02/01/19 PRN KB HOME
$31.1M
0.6%
29,500,000 +3,500,000 +13.5% Added
APOLLO GLOBAL MANAGEMENT - A
$30.1M
0.6%
1,250,000 Held
TRAK 1.5 03/15/17 PRN DEALERTRACK TECHNOLOGIES
$30.1M
0.6%
26,000,000 +26,000,000 New
ORI 3.75 03/15/18 PRN OLD REPUBLIC INTL CORP
$29.6M
0.6%
26,023,000 −6,300,000 −19.5% Reduced
HOLX 0 12/15/37 2010 PRN HOLOGIC INC
$29.4M
0.6%
26,179,000 −6,000,000 −18.6% Reduced
GTY GETTY REALTY CORP
$29.4M
0.6%
1,422,221 Held
XPO 4.5 10/01/17 PRN XPO LOGISTICS INC
$29.0M
0.6%
23,440,000 −340,000 −1.4% Reduced
AIG AMERICAN INTERNATIONAL GROUP
$28.8M
0.6%
645,000 +120,000 +22.9% Added
CZREUR CAESARS ENTERTAINMENT CORP
$28.5M
0.6%
2,077,157 −460,800 −18.2% Reduced
BPZR 6.5 03/01/15 * PRN BPZ RESOURCES INC
$28.2M
0.6%
34,665,000 −1,655,000 −4.6% Reduced
WNC 3.375 05/01/18 PRN WABASH NATIONAL CORP
$27.2M
0.6%
21,980,000 −320,000 −1.4% Reduced
DLLR 3 04/01/28 PRN DFC GLOBAL CORP
$27.1M
0.6%
26,190,000 Held
VGR V2.5 01/15/19 PRN VECTOR GROUP LTD
$25.6M
0.5%
21,185,000 −815,000 −3.7% Reduced
TTWO 1 07/01/18 PRN TAKE-TWO INTERACTIVE SOF
$24.4M
0.5%
25,000,000 +25,000,000 New
RDN 2.25 03/01/19 PRN RADIAN GROUP INC
$24.3M
0.5%
18,750,000 −7,500,000 −28.6% Reduced
BKNG 1 03/15/18 PRN BOOKING HOLDINGS INC
$23.1M
0.5%
19,825,000 −34,250,000 −63.3% Reduced
EPAY 1.5 12/01/17 PRN BOTTOMLINE TECHNOLOGIES
$21.3M
0.4%
19,250,000 −2,750,000 −12.5% Reduced
LEVEL 3 COMMUNICATIONS INC
$21.1M
0.4%
1,000,000 Held
STWD 4.55 03/01/18 PRN STARWOOD PROPERTY TRUST
$20.7M
0.4%
20,000,000 +20,000,000 New
TMS INTERNATIONAL CORP-A
$20.5M
0.4%
1,382,425 +287,425 +26.2% Added
EPR 5.75 PERP C EPR PROPERTIES
$20.4M
0.4%
887,821 −150,000 −14.5% Reduced
SSWSJ 1.75 10/15/32 SWC PRN STILLWATER MINING CO
$20.3M
0.4%
19,432,000 −12,068,000 −38.3% Reduced
AMD 6 05/01/15 PRN ADVANCED MICRO DEVICES
$20.2M
0.4%
19,667,000 +5,266,000 +36.6% Added
PODD 3.75 06/15/16 PRN INSULET CORPORATION
$20.0M
0.4%
15,199,000 −2,542,000 −14.3% Reduced
NLY 5 05/15/15 PRN ANNALY CAPITAL MGMT
$19.1M
0.4%
18,916,000 +5,736,000 +43.5% Added
CAA 0.25 06/01/19 PRN CALATLANTIC GROUP INC
$19.1M
0.4%
21,000,000 +21,000,000 New
SSLTIN 4 10/30/14 PRN STERLITE INDUSTRIES LTD
$19.0M
0.4%
19,586,000 −1,817,000 −8.5% Reduced
BGCP 4.5 07/15/16 PRN BGC PARTNERS INC
$19.0M
0.4%
18,676,000 −2,600,000 −12.2% Reduced
GTAT 3 10/01/17 PRN GT ADV TECHNOLOGIES INC
$18.9M
0.4%
22,000,000 +16,500,000 +300.0% Added
CQB 4.25 08/15/16 PRN CHIQUITA BRANDS INTL
$17.7M
0.4%
18,500,000 +1,317,000 +7.7% Added
ICON 2.5 06/01/16 PRN ICONIX BRAND GROUP INC
$17.5M
0.4%
15,305,000 +15,305,000 New
ORBOTECH LTD
$17.4M
0.4%
1,400,000 Held
MTOR 0 02/15/27 PRN MERITOR INC
$16.9M
0.3%
18,878,000 +6,878,000 +57.3% Added
WBMD 2.5 01/31/18 PRN WEBMD HEALTH CORP
$16.8M
0.3%
18,074,000 −869,000 −4.6% Reduced
TTMI 3.25 05/15/15 PRN TTM TECHNOLOGIES
$16.7M
0.3%
16,643,000 +2,000,000 +13.7% Added
NEM 1.625 07/15/17 B PRN NEWMONT MINING CORP
$16.5M
0.3%
15,400,000 +15,400,000 New
HQCL 3.5 01/15/18 PRN HANWHA Q CELLS CO LTD
$16.4M
0.3%
19,310,000 −3,250,000 −14.4% Reduced
SGY 1.75 03/01/17 PRN STONE ENERGY CORP
$16.3M
0.3%
17,491,000 +17,491,000 New
DRYS 5 12/01/14 PRN DRYSHIPS INC
$16.1M
0.3%
18,000,000 −2,000,000 −10.0% Reduced
MTNA 5 05/15/14 PRN ARCELORMITTAL
$14.9M
0.3%
14,500,000 +3,500,000 +31.8% Added
AIR 2.25 03/01/16 B PRN AAR CORP
$14.9M
0.3%
15,000,000 −5,115,000 −25.4% Reduced
MODV 6.5 05/15/14 PRN PROVIDENCE SERVICE CORP
$14.9M
0.3%
13,882,000 −655,000 −4.5% Reduced
KCG 3.5 03/15/15 PRN KNIGHT CAPITAL GROUP INC
$14.7M
0.3%
14,659,000 +8,659,000 +144.3% Added
COMMONWEALTH REIT
$13.5M
0.3%
586,829 +175,000 +42.5% Added
CUMULUS MEDIA INC-CL A
$13.5M
0.3%
3,985,983 Held
BRS 3 06/15/38 PRN BRISTOW GROUP INC
$13.5M
0.3%
11,545,000 +3,235,000 +38.9% Added
GMED 2.75 07/01/17 PRN NUVASIVE INC
$13.3M
0.3%
13,500,000 −4,500,000 −25.0% Reduced
EXE 2.5 05/15/37 PRN CHESAPEAKE ENERGY CORP
$13.3M
0.3%
14,000,000 +2,000,000 +16.7% Added
ALUFP 2.875 06/15/23 A PRN ALCATEL-LUCENT USA INC
$13.1M
0.3%
13,318,000 +1,500,000 +12.7% Added
TWGP 5 09/15/14 PRN TOWER GROUP INTL LTD
$12.9M
0.3%
11,949,000 +11,949,000 New
X 4 05/15/14 PRN UNITED STATES STEEL CORP
$12.3M
0.3%
12,000,000 +12,000,000 New
NAV 3 10/15/14 PRN NAVISTAR INTL CORP
$12.2M
0.2%
12,550,000 −33,984,000 −73.0% Reduced
GDP 5 10/01/29 PRN GOODRICH PETROLEUM CORP
$12.1M
0.2%
12,104,000 +1,650,000 +15.8% Added
PSEC 5.5 08/15/16 PRN PROSPECT CAPITAL CORP
$11.9M
0.2%
11,272,000 −1,000,000 −8.1% Reduced
SAFEWAY INC
$11.8M
0.2%
500,000 −500,000 −50.0% Reduced
AFFX 4 07/01/19 PRN AFFYMETRIX INC
$11.7M
0.2%
11,650,000 +2,500,000 +27.3% Added
GBX 3.5 04/01/18 PRN GREENBRIER COS INC
$11.6M
0.2%
11,250,000 −10,250,000 −47.7% Reduced
GECBLE 0.875 11/15/13 PRN GENERAL CABLE CORP
$11.5M
0.2%
11,495,000 −1,410,000 −10.9% Reduced
MTG 5 05/01/17 PRN MGIC INVESTMENT CORP
$11.3M
0.2%
10,935,000 −10,000,000 −47.8% Reduced
HMIN 2 12/15/15 PRN HOMEINNS HOTEL GROUP
$11.1M
0.2%
12,474,000 +500,000 +4.2% Added
ETRA E*TRADE FINANCIAL CORP
$11.1M
0.2%
875,000 +875,000 New
YRCW 10 03/31/15 A PRN YRC WORLDWIDE INC
$10.7M
0.2%
10,500,000 +10,500,000 New
T 4.5 07/15/14 PRN LEAP WIRELESS INTL INC
$10.5M
0.2%
10,386,000 +4,386,000 +73.1% Added
OCR 3.25 12/15/35 OCR PRN OMNICARE INC
$10.5M
0.2%
10,154,000 −5,661,000 −35.8% Reduced
Vale S.A. PFD
$10.3M
0.2%
845,600 +845,600 New
TITN 3.75 05/01/19 PRN TITAN MACHINERY INC
$10.2M
0.2%
10,784,000 +10,784,000 New
ANR 3.75 12/15/17 PRN ALPHA NATURAL RESOURCES
$10.1M
0.2%
11,750,000 +11,750,000 New
MHGC 2.375 10/15/14 PRN MORGANS HOTEL GROUP CO
$10.1M
0.2%
10,177,000 +5,000,000 +96.6% Added
PULSE ELECTRONICS CORP
$10.1M
0.2%
3,844,659 +3,844,659 New
AFSI 5.5 12/15/21 PRN AMTRUST FINANCIAL SERVIC
$10.0M
0.2%
7,142,000 −12,955,000 −64.5% Reduced
HOLX 0 12/15/43 PRN HOLOGIC INC
$9.7M
0.2%
9,404,000 +4,904,000 +109.0% Added
AVHI 7.5 02/15/16 PRN AV HOMES INC
$9.3M
0.2%
8,835,000 Held
PYX 5.5 07/15/14 PRN ALLIANCE ONE INTL INC
$9.0M
0.2%
8,876,000 Held
CETV 5 11/15/15 PRN CENTRAL EURO MEDIA ENTER
$8.4M
0.2%
8,695,000 +8,695,000 New
JKS 4 05/15/16 144A PRN JINKOSOLAR HOLDING CO LT
$8.4M
0.2%
12,153,000 +10,500,000 +635.2% Added
ROGVX 2.5 09/15/18 PRN INTERMUNE INC
$8.3M
0.2%
9,992,000 +2,000,000 +25.0% Added
PBR PETROLEO BRASILEIRO-SPON ADR
$8.0M
0.2%
597,830 +281,975 +89.3% Added
CDNS 1.5 12/15/13 B PRN CADENCE DESIGN SYS INC
$8.0M
0.2%
8,000,000 +8,000,000 New
DLLR 2.875 06/30/27 PRN DFC GLOBAL CORP
$7.8M
0.2%
7,880,000 +2,250,000 +40.0% Added
HW 8.75 02/01/16 PRN HEADWATERS INC
$7.7M
0.2%
6,846,000 +2,500,000 +57.5% Added
FLG 6 11/01/51 FLAGSTAR BANK NA
$7.2M
0.1%
150,000 +150,000 New
GCN 2 08/01/14 PRN GOLDCORP INC
$7.1M
0.1%
6,968,000 −1,110,000 −13.7% Reduced
MNKD 3.75 12/15/13 PRN MANNKIND CORP
$7.0M
0.1%
7,378,000 +7,378,000 New
PLPC PREFORMED LINE PRODUCTS CO
$7.0M
0.1%
105,181 +69,634 +195.9% Added
ARAY 3.75 08/01/16 PRN ACCURAY INC
$6.8M
0.1%
7,140,000 +7,140,000 New
ARCC 4.875 03/15/17 PRN ARES CAPITAL CORP
$6.6M
0.1%
6,250,000 +250,000 +4.2% Added
Cia Brasileira de Distribuicao Grupo Pao
$6.5M
0.1%
143,739 +10,601 +8.0% Added
VIV1USD TELEFONICA BRASIL-ADR PREF
$6.5M
0.1%
285,700 +28,200 +11.0% Added
TTMCHF TATA MOTORS LTD-SPON ADR
$6.4M
0.1%
274,800 +274,800 New
NGCN 5.5 05/01/15 PRN NOVAGOLD RESOURCES INC
$6.4M
0.1%
6,350,000 Held
IOC 2.75 11/15/15 PRN INTEROIL CORP
$6.2M
0.1%
6,400,000 +500,000 +8.5% Added
MCP 6 09/01/17 PRN MOLYCORP INC
$5.9M
0.1%
7,800,000 +6,800,000 +680.0% Added
IART 1.625 12/15/16 PRN INTEGRA LIFESCIENCES HLD
$5.6M
0.1%
5,733,000 −46,655,000 −89.1% Reduced
CSTMEUR CONSTELLIUM NV- CLASS A
$5.3M
0.1%
331,082 +331,082 New
FVE 3.75 10/15/26 PRN FIVE STAR QUALITY CARE I
$5.3M
0.1%
5,300,000 Held
IEP F 08/15/13 PRN ICAHN ENTERPRISES LP
$5.0M
0.1%
5,000,000 +5,000,000 New
JAKK 4.5 11/01/14 PRN JAKKS PACIFIC INC
$4.9M
0.1%
4,750,000 −250,000 −5.0% Reduced
BALTIC TRADING LTD
$4.8M
0.1%
1,303,000 +1,303,000 New
JEF 3.875 11/01/29 PRN JEFFERIES GROUP LLC
$4.5M
0.1%
4,236,000 −7,614,000 −64.3% Reduced
ENDP 1.75 04/15/15 PRN ENDO HEALTH SOLUTIONS
$4.5M
0.1%
3,360,000 −16,000,000 −82.6% Reduced
WSP HOLDINGS LTD-ADR
$4.4M
0.1%
1,408,800 Held
Grupo Financiero Santander Mex
$4.3M
0.1%
300,800 +28,000 +10.3% Added
RFMD 1 04/15/14 PRN RF MICRO DEVICES INC
$4.0M
0.1%
4,000,000 −6,500,000 −61.9% Reduced
EXE 2.75 11/15/35 PRN CHESAPEAKE ENERGY CORP
$4.0M
0.1%
4,000,000 −5,000,000 −55.6% Reduced
HTCH 8.5 01/15/26 PRN HUTCHINSON TECHNOLOGY
$4.0M
0.1%
4,000,000 +4,000,000 New
BVN CIA DE MINAS BUENAVENTUR-ADR
$3.7M
0.1%
251,327 +102,277 +68.6% Added
EPR 9 PERP E EPR PROPERTIES
$3.5M
0.1%
107,500 Held
HA 5 03/15/16 PRN HAWAIIAN HOLDINGS INC
$3.4M
0.1%
3,117,000 +1,867,000 +149.4% Added
Goldcorp Inc
$3.4M
0.1%
138,410 −20,400 −12.8% Reduced
GSCCN 5 06/01/17 PRN GOLDEN STAR RESOURCES
$3.3M
0.1%
5,000,000 +5,000,000 New
PSEC 5.375 10/15/17 PRN PROSPECT CAPITAL CORP
$3.1M
0.1%
3,000,000 +3,000,000 New
GENCO SHIPPING & TRADING LTD
$2.5M
0.1%
1,512,532 Held
GPRE 5.75 11/01/15 PRN GREEN PLAINS RENEWABLE E
$2.3M
0.0%
2,000,000 −9,474,000 −82.6% Reduced
GSAT 8 04/01/28 PRN GLOBALSTAR INC
$2.0M
0.0%
2,116,000 +2,116,000 New
TSM TAIWAN SEMICONDUCTOR-SP ADR
$1.9M
0.0%
104,598 +69,528 +198.3% Added
FCX 5.25 10/06/13 PRN MCMORAN EXPLORATION CO
$1.8M
0.0%
1,750,000 −5,750,000 −76.7% Reduced
HDB HDFC BANK LTD-ADR
$1.5M
0.0%
42,267 +18,694 +79.3% Added
ANR 2.375 04/15/15 PRN ALPHA NATURAL RESOURCES
$1.5M
0.0%
1,640,000 −5,000,000 −75.3% Reduced
FURNITURE BRANDS INTL INC
$1.5M
0.0%
371,428 +371,428 New
ITUB ITAU UNIBANCO H-SPON PRF ADR
$1.5M
0.0%
112,569 +66,301 +143.3% Added
TV GRUPO TELEVISA SA-SPON ADR
$1.4M
0.0%
56,600 +32,700 +136.8% Added
COMPANHIA DE BEBIDAS SPON ADR PFD
$1.4M
0.0%
36,688 +20,240 +123.1% Added
CX CEMEX SAB-SPONS ADR PART CER
$1.2M
0.0%
111,084 +49,484 +80.3% Added
MBTGBP MOBILE TELESYSTEMS-SP ADR
$1.1M
0.0%
56,753 +27,372 +93.2% Added
PKX POSCO HOLDINGS INC -SPON ADR
$964K
0.0%
14,809 +6,184 +71.7% Added
AMG 3.95 08/15/38 PRN AFFILIATED MANAGERS GROU
$919K
0.0%
712,000 −350,000 −33.0% Reduced
TKC TURKCELL ILETISIM HIZMET-ADR
$915K
0.0%
63,696 +63,696 New
SQM QUIMICA Y MINERA CHIL-SP ADR
$902K
0.0%
22,325 +13,264 +146.4% Added

Sold positions

55 closed in Q2 2013 · shares & value as of prior filing
Holding Shares sold Prior value
RGLD 2.875 06/15/19 PRN ROYAL GOLD INC
55,185,000 $58.5M
UTHR 1 09/15/16 PRN UNITED THERAPEUTICS CORP
37,610,000 $51.7M
PHIANA 1.75 12/01/17 PRN VOLCANO CORP
45,075,000 $44.8M
MU 1.5 08/01/31 A PRN MICRON TECHNOLOGY INC
33,135,000 $38.5M
LRCX 1.25 05/15/18 PRN LAM RESEARCH CORP
31,794,000 $34.1M
GTLS 2 08/01/18 PRN CHART INDUSTRIES INC
22,943,000 $31.4M
INVA 2.125 01/15/23 PRN INNOVIVA INC
24,500,000 $27.0M
AKS 5 11/15/19 PRN AK STEEL CORP
28,210,000 $26.8M
XXIA 3 12/15/15 PRN IXIA
17,927,000 $23.8M
CAA 1.25 08/01/32 PRN CALATLANTIC GROUP INC
18,033,000 $23.3M
MU 1.875 08/01/31 B PRN MICRON TECHNOLOGY INC
17,460,000 $20.5M
GM 4.75 12/01/13 B GENERAL MOTORS CO
427,400 $18.4M
CITUSD CIT GROUP INC
405,979 $17.7M
RGCARE 3.5 05/15/14 PRN LIFEPOINT HOSPITALS INC
15,592,000 $17.1M
PULSE ELECTRONICS CORP
38,446,588 $15.6M
SPWR 4.5 03/15/15 PRN SUNPOWER CORP
15,252,000 $15.4M
ENDP 1.5 07/15/18 PRN AUXILIUM PHARMACEUTICALS
11,500,000 $11.6M
FCNCA FIRST CITIZENS BCSHS -CL A
62,000 $10.9M
RASF 7 04/01/31 PRN RAIT FINANCIAL TRUST
8,500,000 $10.8M
MU 1.875 06/01/27 PRN MICRON TECHNOLOGY INC
10,000,000 $10.6M
CAPITAL BANK FINANCIAL-CL A
616,949 $10.6M
RMBS 5 06/15/14 PRN RAMBUS INC
10,000,000 $10.2M
SPWR 4.75 04/15/14 PRN SUNPOWER CORP
9,688,000 $9.7M
EA 0.75 07/15/16 PRN ELECTRONIC ARTS INC
10,000,000 $9.7M
ALR 3 05/15/16 PRN ALERE INC
9,794,000 $9.7M
VALE VALE SA-SP ADR
460,356 $9.6M
RDN 3 11/15/17 PRN RADIAN GROUP INC
7,430,000 $9.0M
DNDN 2.875 01/15/16 PRN DENDREON CORP
10,250,000 $8.2M
LLTC 3 05/01/27 A PRN LINEAR TECHNOLOGY CORP
7,590,000 $8.2M
Qihoo 360 Technology Co Ltd
257,900 $7.7M
AIR 1.625 03/01/14 A PRN AAR CORP
7,719,000 $7.6M
EXTC 0 09/18/13 PRN EXIDE TECHNOLOGIES LLC
7,500,000 $7.1M
CIEN 0.875 06/15/17 PRN CIENA CORP
7,000,000 $6.3M
ZINC 3.8 07/01/17 PRN METALS RECOVERY HLDG LLC
5,976,000 $6.0M
STEI 3.125 07/15/14 PRN STEWART ENTERPRISES
5,285,000 $5.6M
SNDK 1 05/15/13 PRN SANDISK CORP
5,070,000 $5.1M
UMC UNITED MICROELECTRON-SP ADR
2,520,221 $5.0M
MLCO MELCO RESORTS & ENTERT-ADR
292,530 $4.9M
NUAN 2.75 11/01/31 PRN NUANCE COMMUNICATIONS
4,500,000 $4.7M
ANR 3.25 08/01/15 PRN ALPHA APPALACHIA HOLDING
4,553,000 $4.4M
ARCO ARCOS DORADOS HOLDINGS INC-A
342,900 $4.1M
MCP 3.25 06/15/16 PRN MOLYCORP INC
6,550,000 $4.1M
JRCC 4.5 12/01/15 PRN JAMES RIVER COAL COMPANY
10,850,000 $3.7M
CIG CIA ENERGETICA DE-SPON ADR
335,944 $3.6M
PHH 4 09/01/14 PRN PHH CORP
3,000,000 $3.3M
FURNITURE BRANDS INTL INC
2,600,000 $2.6M
MOH 3.75 10/01/14 MOH PRN MOLINA HEALTHCARE INC
2,090,000 $2.5M
CEMEX 3.25 03/15/16 PRN CEMEX SAB DE CV
1,625,000 $2.2M
MFIC 5.75 01/15/16 PRN APOLLO INVESTMENT CORP
1,953,000 $2.1M
JRCC 3.125 03/15/18 PRN JAMES RIVER COAL COMPANY
9,345,000 $1.9M
ARCC 5.75 02/01/16 PRN ARES CAPITAL CORP
1,735,000 $1.9M
JEF 3.75 04/15/14 PRN LEUCADIA NATIONAL CORP
977,000 $1.3M
TX TERNIUM SA-SPONSORED ADR
25,900 $610K
SCCO SOUTHERN COPPER CORP
16,014 $606K
ON 2.625 12/15/26 PRN ON SEMICONDUCTOR CORP
370,000 $386K

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.