whalepapers
Overview/ Oaktree Capital Management LP/ Q2 2014

Oaktree Capital Management LP

Howard Marks & Bruce Karsh · As of Q2 2014 · filed Aug 12, 2014

Q2 2014

Holdings

149 positions · Δ vs prior quarter
EXCO RESOURCES INC
$266.1M
4.6%
45,173,682 Held
DYNEGY INC
$241.5M
4.2%
6,940,100 −1,305,886 −15.8% Reduced
FBP FIRST BANCORP PUERTO RICO
$227.6M
4.0%
41,843,581 Held
DOORUSD MASONITE INTERNATIONAL CORP
$203.7M
3.5%
3,621,363 −465,009 −11.4% Reduced
ALLY ALLY FINANCIAL INC
$191.1M
3.3%
7,993,230 +7,993,230 New
ALLIANCE HEALTHCARE SERVICES
$128.4M
2.2%
4,756,491 +1 +0.0% Added
DIAMOND FOODS INC
$124.7M
2.2%
4,420,859 Held
CIEI 3.125 05/15/24 PRN COBALT INTL ENERGY INC
$115.5M
2.0%
107,500,000 +107,500,000 New
MTG MGIC INVESTMENT CORP
$105.3M
1.8%
11,400,000 Held
BKNG 0.35 06/15/20 PRN BOOKING HOLDINGS INC
$101.4M
1.8%
85,090,000 +85,090,000 New
GMED 2.75 07/01/17 PRN NUVASIVE INC
$95.6M
1.7%
83,710,000 +1,185,000 +1.4% Added
CRM 0.25 04/01/18 PRN SALESFORCE.COM INC
$95.4M
1.7%
83,205,000 +83,205,000 New
LRCX 0.5 05/15/16 PRN LAM RESEARCH CORP
$95.3M
1.7%
76,165,000 +15,465,000 +25.5% Added
ON 2.625 12/15/26 B PRN ON SEMICONDUCTOR CORP
$93.9M
1.6%
79,704,000 +3,750,000 +4.9% Added
OCR 3.5 02/15/44 PRN OMNICARE INC
$91.8M
1.6%
80,645,000 −3,155,000 −3.8% Reduced
SGY 1.75 03/01/17 PRN STONE ENERGY CORP
$90.7M
1.6%
71,295,000 −8,505,000 −10.7% Reduced
BKD 2.75 06/15/18 PRN BROOKDALE SENIOR LIVING
$89.8M
1.6%
65,580,000 +1,105,000 +1.7% Added
MOH 1.125 01/15/20 PRN MOLINA HEALTHCARE INC
$85.9M
1.5%
68,495,000 +68,495,000 New
HOLX 0 03/01/42 2012 PRN HOLOGIC INC
$82.7M
1.4%
75,387,000 +60,312,000 +400.1% Added
PBR PETROLEO BRASILEIRO-SPON ADR
$81.1M
1.4%
5,544,191 +1,562,400 +39.2% Added
TSLA 1.25 03/01/21 PRN TESLA INC
$80.6M
1.4%
82,560,000 −20,285,000 −19.7% Reduced
STAR BULK CARRIERS CORP
$74.9M
1.3%
5,773,907 Held
HOSS 1.5 09/01/19 PRN HORNBECK OFFSHORE SERV
$74.5M
1.3%
61,215,000 −11,405,000 −15.7% Reduced
CROWN CASTLE INTL CORP
$74.4M
1.3%
730,000 +145,000 +24.8% Added
WMGI 2 08/15/17 PRN WRIGHT MEDICAL GROUP INC
$73.7M
1.3%
53,737,000 +2,655,000 +5.2% Added
BMRN 1.5 10/15/20 PRN BIOMARIN PHARMACEUTICAL
$70.4M
1.2%
66,800,000 +3,755,000 +6.0% Added
TSM TAIWAN SEMICONDUCTOR-SP ADR
$69.3M
1.2%
3,238,784 +502,700 +18.4% Added
SAPGR 0.5 06/15/18 PRN CONCUR TECHNOLOGIES INC
$67.8M
1.2%
60,390,000 +60,390,000 New
ALR 3 PERP B ALERE INC
$67.6M
1.2%
212,800 Held
CKH 2.5 12/15/27 PRN SEACOR HOLDINGS INC
$66.2M
1.2%
57,420,000 +2,400,000 +4.4% Added
VER 3.75 12/15/20 PRN VEREIT INC
$66.2M
1.2%
63,335,000 +1,875,000 +3.1% Added
LINTA 0.75 03/30/43 PRN LIBERTY INTERACTIVE LLC
$57.7M
1.0%
43,005,000 +43,005,000 New
FCE 4.25 08/15/18 PRN FOREST CITY REALTY TRUST
$55.1M
1.0%
48,691,000 −3,130,000 −6.0% Reduced
MCF1EUR CONTANGO OIL & GAS
$54.5M
0.9%
1,287,732 Held
AIG AMERICAN INTERNATIONAL GROUP
$50.7M
0.9%
929,100 Held
INTC 2.95 12/15/35 PRN INTEL CORP
$50.2M
0.9%
40,225,000 +500,000 +1.3% Added
NRG NRG ENERGY INC
$49.3M
0.9%
1,325,000 Held
VALE SA-SP PREF ADR
$48.3M
0.8%
4,055,072 +703,400 +21.0% Added
SURGICAL CARE AFFILIATES INC
$47.8M
0.8%
1,642,285 −685,742 −29.5% Reduced
WEB 1 08/15/18 PRN WEB.COM GROUP INC
$45.9M
0.8%
42,755,000 +6,755,000 +18.8% Added
TTMI 1.75 12/15/20 PRN TTM TECHNOLOGIES INC
$45.4M
0.8%
41,250,000 +500,000 +1.2% Added
VSH VISHAY INTERTECHNOLOGY INC
$42.6M
0.7%
2,750,000 Held
HWM 1.625 10/15/19 PRN ARCONIC INC
$42.5M
0.7%
42,305,000 +855,000 +2.1% Added
MENT 4 04/01/31 PRN MENTOR GRAPHICS CORP
$41.7M
0.7%
33,806,000 +750,000 +2.3% Added
TTMCHF TATA MOTORS LTD-SPON ADR
$41.0M
0.7%
1,050,661 +6,300 +0.6% Added
GWR 5 10/01/15 GENESEE & WYOMING INC
$40.3M
0.7%
301,100 −51,400 −14.6% Reduced
BPZR 8.5 10/01/17 PRN BPZ RESOURCES INC
$39.9M
0.7%
33,800,000 −3,700,000 −9.9% Reduced
CX CEMEX SAB-SPONS ADR PART CER
$39.8M
0.7%
3,004,537 +699,592 +30.4% Added
TTWO 1 07/01/18 PRN TAKE-TWO INTERACTIVE SOF
$37.2M
0.6%
30,370,000 −3,010,000 −9.0% Reduced
TV GRUPO TELEVISA SA-SPON ADR
$36.2M
0.6%
1,054,510 +231,000 +28.1% Added
ALR 3 05/15/16 PRN ALERE INC
$34.3M
0.6%
30,735,000 +2,755,000 +9.8% Added
SPNC 2.625 06/01/34 PRN SPECTRANETICS LLC
$34.1M
0.6%
32,620,000 +32,620,000 New
DBRG 5 04/15/23 PRN DIGITALBRIDGE GROUP INC
$33.2M
0.6%
30,515,000 −505,000 −1.6% Reduced
TRINA SOLAR LTD-SPON ADR
$32.6M
0.6%
2,538,124 +741,000 +41.2% Added
HLX 3.25 03/15/32 PRN HELIX ENERGY SOLUTIONS
$32.4M
0.6%
23,847,000 −13,045,000 −35.4% Reduced
HQCL 3.5 01/15/18 PRN HANWHA Q CELLS CO LTD
$31.7M
0.6%
33,246,000 −900,000 −2.6% Reduced
APOLLO GLOBAL MANAGEMENT - A
$31.0M
0.5%
1,117,500 +457,500 +69.3% Added
HTWR 3.5 12/15/17 PRN HEARTWARE INTERNATIONAL
$30.7M
0.5%
26,166,000 Held
PULSE ELECTRONICS CORP
$30.0M
0.5%
11,999,585 Held
TSLAEN 2.75 11/01/18 PRN TESLA ENERGY OPERATIONS
$30.0M
0.5%
21,580,000 +21,580,000 New
BMRN 0.75 10/15/18 PRN BIOMARIN PHARMACEUTICAL
$28.3M
0.5%
27,250,000 +3,000,000 +12.4% Added
JD JD.COM INC-ADR
$28.2M
0.5%
989,010 +989,010 New
CEMEX 4.875 03/15/15 PRN CEMEX SAB DE CV
$28.2M
0.5%
22,395,000 −1,100,000 −4.7% Reduced
P5Y BRF SA-ADR
$27.3M
0.5%
1,124,200 +1,124,200 New
GTY GETTY REALTY CORP
$27.1M
0.5%
1,422,221 Held
PLAB 3.25 04/01/16 PRN PHOTRONICS INC
$27.1M
0.5%
24,717,000 −2,500,000 −9.2% Reduced
VIV1USD TELEFONICA BRASIL-ADR PREF
$26.9M
0.5%
1,310,810 +237,600 +22.1% Added
HOLX 0 12/15/37 2010 PRN HOLOGIC INC
$26.6M
0.5%
21,179,000 +14,000,000 +195.0% Added
IRDM 6.75 PERP B IRIDIUM COMMUNICATIONS I
$25.3M
0.4%
76,720 +76,720 New
ZD 3.25 06/15/29 PRN J2 GLOBAL COMMUNICATIONS
$25.2M
0.4%
24,480,000 +24,480,000 New
SUMIAL 3.875 12/01/18 PRN AIR LEASE CORP
$24.4M
0.4%
16,223,000 −6,800,000 −29.5% Reduced
ABEV AMBEV SA-ADR
$23.9M
0.4%
3,395,805 +745,800 +28.1% Added
GDP 5 10/01/32 PRN GOODRICH PETROLEUM CORP
$23.5M
0.4%
18,757,000 +16,252,000 +648.8% Added
AU3EUR ANGLOGOLD ASHANTI-SPON ADR
$23.1M
0.4%
1,345,044 +110,000 +8.9% Added
WBMD 2.5 01/31/18 PRN WEBMD HEALTH CORP
$22.6M
0.4%
21,500,000 Held
WFC 7.5 PERP L WELLS FARGO & COMPANY
$22.2M
0.4%
18,250 +250 +1.4% Added
N 0.25 06/01/18 PRN NETSUITE INC
$21.3M
0.4%
20,741,000 +20,741,000 New
VGR V1.75 04/15/20 PRN VECTOR GROUP LTD
$21.0M
0.4%
19,540,000 +19,540,000 New
MBTGBP MOBILE TELESYSTEMS-SP ADR
$20.7M
0.4%
1,048,648 +229,200 +28.0% Added
STWD 4 01/15/19 PRN STARWOOD PROPERTY TRUST
$20.6M
0.4%
18,000,000 −7,500,000 −29.4% Reduced
PMT 5.375 05/01/20 PRN PENNYMAC CORP
$20.1M
0.4%
20,300,000 +20,300,000 New
BAC 7.25 PERP L BANK OF AMERICA CORP
$19.8M
0.3%
16,900 +100 +0.6% Added
HOLX 0 12/15/43 PRN HOLOGIC INC
$19.2M
0.3%
17,493,000 +2,493,000 +16.6% Added
ARI 5.5 03/15/19 PRN APOLLO CMMRL REAL EST FI
$19.0M
0.3%
18,050,000 +11,050,000 +157.9% Added
MCDERMOTT INTL INC
$18.1M
0.3%
2,240,599 Held
MCP 3.25 06/15/16 PRN MOLYCORP INC
$18.0M
0.3%
23,495,000 +18,495,000 +369.9% Added
NTAP NETAPP INC
$17.9M
0.3%
490,000 Held
TWGP 5 09/15/14 PRN TOWER GROUP INTL LTD
$17.5M
0.3%
19,830,000 −3,000,000 −13.1% Reduced
TITN 3.75 05/01/19 PRN TITAN MACHINERY INC
$16.8M
0.3%
19,029,000 +7,632,000 +67.0% Added
RASF 4 10/01/33 PRN RAIT FINANCIAL TRUST
$16.7M
0.3%
17,000,000 +7,000,000 +70.0% Added
ACR 6 12/01/18 PRN EXANTAS CAPITAL CORP
$16.4M
0.3%
16,172,000 −945,000 −5.5% Reduced
EMC CORP/MA
$16.1M
0.3%
610,000 Held
DHCP 4.5 11/01/19 PRN DITECH HOLDING CORP
$15.9M
0.3%
17,126,000 +3,842,000 +28.9% Added
SSLTIN 4 10/30/14 PRN STERLITE INDUSTRIES LTD
$15.3M
0.3%
15,335,000 −1,956,000 −11.3% Reduced
BGCP 4.5 07/15/16 PRN BGC PARTNERS INC
$15.1M
0.3%
14,145,000 +2,000,000 +16.5% Added
EXE 2.25 12/15/38 PRN CHESAPEAKE ENERGY CORP
$14.7M
0.3%
15,150,000 −2,597,000 −14.6% Reduced
EPAY 1.5 12/01/17 PRN BOTTOMLINE TECHNOLOGIES
$14.6M
0.3%
12,280,000 −5,500,000 −30.9% Reduced
MHGC 2.375 10/15/14 PRN MORGANS HOTEL GROUP CO
$14.2M
0.2%
14,410,000 Held
MTNA 6 01/15/16 PRN ARCELORMITTAL
$14.2M
0.2%
630,000 Held
ACRE 7 12/15/15 PRN ARES COMMERCIAL REAL EST
$13.5M
0.2%
13,250,000 Held
OCSL 5.375 04/01/16 PRN FIFTH STREET FINANCE COR
$13.3M
0.2%
12,450,000 +12,450,000 New
FLG 6 11/01/51 FLAGSTAR BANK NA
$12.4M
0.2%
251,385 +4,044 +1.6% Added
AVHI 7.5 02/15/16 PRN AV HOMES INC
$12.1M
0.2%
11,217,000 +1,203,000 +12.0% Added
TEO TELECOM ARGENTINA SA-SP ADR
$12.0M
0.2%
510,851 +185,878 +57.2% Added
VIMPELCOM LTD-SPON ADR
$11.8M
0.2%
1,410,000 +1,150,000 +442.3% Added
MFIC 5.75 01/15/16 PRN APOLLO INVESTMENT CORP
$11.8M
0.2%
11,020,000 +8,270,000 +300.7% Added
BXUSD BLACKSTONE GROUP LP
$11.7M
0.2%
350,000 +350,000 New
CIEN 0.875 06/15/17 PRN CIENA CORP
$11.4M
0.2%
11,430,000 −53,570,000 −82.4% Reduced
SRC 2.875 05/15/19 PRN SPIRIT REALTY CAPITAL IN
$10.1M
0.2%
10,110,000 +10,110,000 New
NUAN 2.75 11/01/31 PRN NUANCE COMMUNICATIONS
$10.1M
0.2%
10,000,000 −1,000,000 −9.1% Reduced
GSCCN 5 06/01/17 PRN GOLDEN STAR RESOURCES
$10.0M
0.2%
13,750,000 Held
MDCO 1.375 06/01/17 PRN MEDICINES COMPANY
$9.9M
0.2%
8,085,000 +8,085,000 New
ANR 3.75 12/15/17 PRN ALPHA NATURAL RESOURCES
$9.9M
0.2%
11,365,000 −20,135,000 −63.9% Reduced
NLY 5 05/15/15 PRN ANNALY CAPITAL MGMT
$9.7M
0.2%
9,501,000 +1,501,000 +18.8% Added
HW 8.75 02/01/16 PRN HEADWATERS INC
$9.4M
0.2%
8,646,000 −700,000 −7.5% Reduced
EPR 5.75 PERP C EPR PROPERTIES
$9.2M
0.2%
401,321 +1,000 +0.2% Added
SQNM 5 10/01/17 PRN SEQUENOM INC
$8.8M
0.2%
8,179,000 −61,000 −0.7% Reduced
OCN2EUR OCWEN FINANCIAL CORP
$8.8M
0.2%
237,000 Held
TTMI 3.25 05/15/15 PRN TTM TECHNOLOGIES
$8.5M
0.1%
8,299,000 +250,000 +3.1% Added
OI SA-ADR
$8.5M
0.1%
9,863,971 +7,240,971 +276.1% Added
STWD 4.55 03/01/18 PRN STARWOOD PROPERTY TRUST
$8.2M
0.1%
7,250,000 −11,000,000 −60.3% Reduced
WNC 3.375 05/01/18 PRN WABASH NATIONAL CORP
$8.1M
0.1%
5,730,000 −5,000,000 −46.6% Reduced
HMIN 2 12/15/15 PRN HOMEINNS HOTEL GROUP
$8.0M
0.1%
8,110,000 +2,610,000 +47.5% Added
PSEC 5.5 08/15/16 PRN PROSPECT CAPITAL CORP
$7.4M
0.1%
7,070,000 −218,000 −3.0% Reduced
PSEC 5.375 10/15/17 PRN PROSPECT CAPITAL CORP
$6.9M
0.1%
6,594,000 +1,594,000 +31.9% Added
IOC 2.75 11/15/15 PRN INTEROIL CORP
$6.8M
0.1%
6,669,000 −1,250,000 −15.8% Reduced
PSEC 5.75 03/15/18 PRN PROSPECT CAPITAL CORP
$6.4M
0.1%
6,000,000 Held
MTH 1.875 09/15/32 PRN MERITAGE HOMES CORP
$6.1M
0.1%
5,770,000 +1,220,000 +26.8% Added
YRCW 10 03/31/15 A PRN YRC WORLDWIDE INC
$6.0M
0.1%
5,930,266 Held
MTOR 0 02/15/27 PRN MERITOR INC
$5.3M
0.1%
5,000,000 −7,000,000 −58.3% Reduced
AIR 2.25 03/01/16 B PRN AAR CORP
$5.2M
0.1%
5,000,000 −2,500,000 −33.3% Reduced
DRYS 5 12/01/14 PRN DRYSHIPS INC
$4.9M
0.1%
5,000,000 −10,021,000 −66.7% Reduced
VER 3 08/01/18 PRN VEREIT INC
$4.6M
0.1%
4,500,000 −24,200,000 −84.3% Reduced
EPR 9 PERP E EPR PROPERTIES
$3.6M
0.1%
115,050 +11,550 +11.2% Added
BPZR 6.5 03/01/15 * PRN BPZ RESOURCES INC
$3.4M
0.1%
3,260,000 Held
OI SA-ADR
$3.4M
0.1%
3,464,543 +3,464,543 New
ASCMA 4 07/15/20 PRN ASCENT CAPITAL GROUP INC
$3.2M
0.1%
3,420,000 Held
RTI 3 12/01/15 PRN RTI INTERNATIONAL METALS
$3.1M
0.1%
2,975,000 −26,500,000 −89.9% Reduced
RWT 4.625 04/15/18 PRN REDWOOD TRUST INC
$3.1M
0.1%
3,000,000 −2,260,000 −43.0% Reduced
ELGX 2.25 12/15/18 PRN ENDOLOGIX INC
$3.0M
0.1%
3,000,000 −4,000,000 −57.1% Reduced
PARAGON SHIPPING INC-CLASS A
$3.0M
0.1%
500,000 +100,000 +25.0% Added
ARCC 4.875 03/15/17 PRN ARES CAPITAL CORP
$2.9M
0.0%
2,646,000 −3,000,000 −53.1% Reduced
CDVI 5 07/15/17 PRN CAL DIVE INTERNATIONAL
$2.7M
0.0%
3,185,000 Held
MCP 6 09/01/17 PRN MOLYCORP INC
$2.6M
0.0%
4,000,000 −3,300,000 −45.2% Reduced
INTC 3.25 08/01/39 PRN INTEL CORP
$1.5M
0.0%
1,000,000 −26,000,000 −96.3% Reduced
TGS TRANSPORTADOR GAS-ADR SP B
$1.5M
0.0%
547,476 +547,476 New
LXP 6.5 PERP C LXP INDUSTRIAL TRUST
$1.4M
0.0%
29,266 +13,216 +82.3% Added
MACK 4.5 07/15/20 PRN MERRIMACK PHARMACEUTI
$1.3M
0.0%
1,000,000 −900,000 −47.4% Reduced
WSP HOLDINGS LTD-ADR
$1.3M
0.0%
1,408,800 Held

Sold positions

29 closed in Q2 2014 · shares & value as of prior filing
Holding Shares sold Prior value
MU 3 11/15/43 G PRN MICRON TECHNOLOGY INC
89,500,000 $97.8M
CIEI 2.625 12/01/19 PRN COBALT INTL ENERGY INC
74,760,000 $70.6M
LEVEL 3 COMMUNICATIONS INC
846,859 $33.1M
TTWO 1.75 12/01/16 PRN TAKE-TWO INTERACTIVE SOF
24,828,000 $32.8M
VGR V2.5 01/15/19 PRN VECTOR GROUP LTD
18,185,000 $24.9M
CIA BRASILEIRA DE DIS-SP PRF
567,156 $24.8M
CHARTER COMMUNICATION-A
200,000 $24.6M
ETRA E*TRADE FINANCIAL CORP
1,000,000 $23.0M
LAB 2.75 02/01/34 PRN STANDARD BIOTOOLS INC
19,348,000 $21.9M
BKCC 5.5 02/15/18 PRN BLACKROCK CAPITAL INVEST
19,946,000 $20.7M
AUQCN 3.5 10/01/16 PRN AURICO GOLD INC
14,267,000 $14.8M
MODV 6.5 05/15/14 PRN PROVIDENCE SERVICE CORP
13,240,000 $13.4M
CEMEX 3.25 03/15/16 PRN CEMEX SAB DE CV
9,500,000 $13.1M
HMHCUSD HOUGHTON MIFFLIN HARCOURT CO
559,024 $11.4M
ICON 2.5 06/01/16 PRN ICONIX BRAND GROUP INC
8,255,000 $11.2M
COMMONWEALTH REIT
410,000 $10.3M
CQB 4.25 08/15/16 PRN CHIQUITA BRANDS INTL
10,000,000 $10.3M
XXIA 3 12/15/15 PRN IXIA
9,410,000 $9.9M
ALBANY MOLECULAR RESEARCH INC PRN
7,305,000 $9.8M
ROGVX 2.5 09/15/18 PRN INTERMUNE INC
7,165,000 $9.2M
CAPITAL PRODUCT PARTNERS LP
807,500 $8.8M
ARCC 4.75 01/15/18 PRN ARES CAPITAL CORP
7,019,000 $7.6M
DLLR 2.875 06/30/27 PRN DFC GLOBAL CORP
7,880,000 $7.5M
HEALTH CARE REIT INC
112,874 $6.3M
LRCX 1.25 05/15/18 PRN LAM RESEARCH CORP
3,930,000 $4.9M
DLLR 3.25 04/15/17 PRN DFC GLOBAL CORP
5,000,000 $4.3M
T 4.5 07/15/14 PRN LEAP WIRELESS INTL INC
3,269,000 $3.3M
CVO 7 05/15/17 PRN CENVEO CORP
3,174,000 $3.3M
IART 1.625 12/15/16 PRN INTEGRA LIFESCIENCES HLD
1,000,000 $1.1M

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.