whalepapers
Overview/ Oaktree Capital Management LP/ Q3 2014

Oaktree Capital Management LP

Howard Marks & Bruce Karsh · As of Q3 2014 · filed Nov 13, 2014

Q3 2014

Holdings

145 positions · Δ vs prior quarter
STAR BULK CARRIERS CORP
$564.6M
9.4%
51,234,231 +45,460,324 +787.3% Added
DYNEGY INC
$228.8M
3.8%
7,928,800 +988,700 +14.2% Added
FBP FIRST BANCORP PUERTO RICO
$198.8M
3.3%
41,843,581 Held
ALLY ALLY FINANCIAL INC
$191.0M
3.2%
8,256,030 +262,800 +3.3% Added
DOORUSD MASONITE INTERNATIONAL CORP
$164.3M
2.7%
2,966,585 −654,778 −18.1% Reduced
EXCO RESOURCES INC
$150.9M
2.5%
45,173,682 Held
DIAMOND FOODS INC
$126.5M
2.1%
4,420,859 Held
MU 3 11/15/43 G PRN MICRON TECHNOLOGY INC
$114.7M
1.9%
86,790,000 +86,790,000 New
ALLIANCE HEALTHCARE SERVICES
$107.5M
1.8%
4,756,491 Held
MTG MGIC INVESTMENT CORP
$101.0M
1.7%
12,925,800 +1,525,800 +13.4% Added
CIEI 3.125 05/15/24 PRN COBALT INTL ENERGY INC
$98.5M
1.6%
109,000,000 +1,500,000 +1.4% Added
TRIBUNE PUBLISHING CO
$94.7M
1.6%
4,691,371 +4,691,371 New
CRM 0.25 04/01/18 PRN SALESFORCE.COM INC
$94.4M
1.6%
84,705,000 +1,500,000 +1.8% Added
GMED 2.75 07/01/17 PRN NUVASIVE INC
$93.6M
1.6%
83,710,000 Held
ON 2.625 12/15/26 B PRN ON SEMICONDUCTOR CORP
$89.5M
1.5%
79,204,000 −500,000 −0.6% Reduced
PBR PETROLEO BRASILEIRO-SPON ADR
$89.5M
1.5%
6,305,991 +761,800 +13.7% Added
TSM TAIWAN SEMICONDUCTOR-SP ADR
$89.1M
1.5%
4,415,484 +1,176,700 +36.3% Added
OCR 3.5 02/15/44 PRN OMNICARE INC
$87.4M
1.4%
79,145,000 −1,500,000 −1.9% Reduced
HOLX 0 03/01/42 2012 PRN HOLOGIC INC
$84.7M
1.4%
79,702,000 +4,315,000 +5.7% Added
BKNG 0.35 06/15/20 PRN BOOKING HOLDINGS INC
$83.0M
1.4%
73,755,000 −11,335,000 −13.3% Reduced
BKD 2.75 06/15/18 PRN BROOKDALE SENIOR LIVING
$80.0M
1.3%
61,350,000 −4,230,000 −6.5% Reduced
SGY 1.75 03/01/17 PRN STONE ENERGY CORP
$76.9M
1.3%
72,280,000 +985,000 +1.4% Added
CROWN CASTLE INTL CORP
$76.8M
1.3%
730,000 Held
MDRX 1.25 07/01/20 PRN ALLSCRIPTS HEALTHCARE SO
$75.0M
1.2%
73,785,000 +73,785,000 New
VRNT 1.5 06/01/21 PRN VERINT SYSTEMS INC
$74.5M
1.2%
68,130,000 +68,130,000 New
BMRN 1.5 10/15/20 PRN BIOMARIN PHARMACEUTICAL
$73.8M
1.2%
66,800,000 Held
WMGI 2 08/15/17 PRN WRIGHT MEDICAL GROUP INC
$71.9M
1.2%
53,237,000 −500,000 −0.9% Reduced
VER 3.75 12/15/20 PRN VEREIT INC
$69.8M
1.2%
69,165,000 +5,830,000 +9.2% Added
TSLA 1.25 03/01/21 PRN TESLA INC
$65.7M
1.1%
69,000,000 −13,560,000 −16.4% Reduced
LRCX 0.5 05/15/16 PRN LAM RESEARCH CORP
$64.3M
1.1%
50,260,000 −25,905,000 −34.0% Reduced
CKH 2.5 12/15/27 PRN SEACOR HOLDINGS INC
$63.3M
1.0%
58,420,000 +1,000,000 +1.7% Added
MDSO 1 08/01/18 PRN MEDIDATA SOLUTIONS INC
$61.5M
1.0%
56,488,000 +56,488,000 New
HOSS 1.5 09/01/19 PRN HORNBECK OFFSHORE SERV
$56.7M
0.9%
57,810,000 −3,405,000 −5.6% Reduced
TTMCHF TATA MOTORS LTD-SPON ADR
$56.4M
0.9%
1,289,861 +239,200 +22.8% Added
VALE SA-SP PREF ADR
$54.7M
0.9%
5,637,772 +1,582,700 +39.0% Added
CX CEMEX SAB-SPONS ADR PART CER
$51.4M
0.9%
3,938,637 +934,100 +31.1% Added
SPNC 2.625 06/01/34 PRN SPECTRANETICS LLC
$50.8M
0.8%
45,015,000 +12,395,000 +38.0% Added
CBST 1.125 09/01/18 PRN CUBIST PHARMACEUTICALS
$44.8M
0.7%
41,100,000 +41,100,000 New
MOH 1.125 01/15/20 PRN MOLINA HEALTHCARE INC
$44.8M
0.7%
37,870,000 −30,625,000 −44.7% Reduced
INTC 2.95 12/15/35 PRN INTEL CORP
$43.2M
0.7%
33,690,000 −6,535,000 −16.2% Reduced
MCF1EUR CONTANGO OIL & GAS
$42.8M
0.7%
1,287,732 Held
ASRT 2.5 09/01/21 PRN ASSERTIO THERAPEUTICS IN
$42.1M
0.7%
39,540,000 +39,540,000 New
HWM 1.625 10/15/19 PRN ARCONIC INC
$42.1M
0.7%
43,805,000 +1,500,000 +3.5% Added
NRG NRG ENERGY INC
$40.4M
0.7%
1,325,000 Held
FCE 4.25 08/15/18 PRN FOREST CITY REALTY TRUST
$40.3M
0.7%
36,356,000 −12,335,000 −25.3% Reduced
VSH VISHAY INTERTECHNOLOGY INC
$39.3M
0.7%
2,750,000 Held
MENT 4 04/01/31 PRN MENTOR GRAPHICS CORP
$38.1M
0.6%
32,106,000 −1,700,000 −5.0% Reduced
TRINA SOLAR LTD-SPON ADR
$38.0M
0.6%
3,145,624 +607,500 +23.9% Added
GWR 5 10/01/15 GENESEE & WYOMING INC
$37.1M
0.6%
301,100 Held
BMRN 0.75 10/15/18 PRN BIOMARIN PHARMACEUTICAL
$37.0M
0.6%
34,510,000 +7,260,000 +26.6% Added
TV GRUPO TELEVISA SA-SPON ADR
$35.3M
0.6%
1,041,410 −13,100 −1.2% Reduced
P5Y BRF SA-ADR
$34.0M
0.6%
1,428,500 +304,300 +27.1% Added
CSOD 1.5 07/01/18 PRN CORNERSTONE ONDEMAND INC
$33.4M
0.6%
33,219,000 +33,219,000 New
ZD 3.25 06/15/29 PRN J2 GLOBAL COMMUNICATIONS
$33.4M
0.6%
33,115,000 +8,635,000 +35.3% Added
ALR 3 05/15/16 PRN ALERE INC
$32.7M
0.5%
30,735,000 Held
VIV1USD TELEFONICA BRASIL-ADR PREF
$32.0M
0.5%
1,626,810 +316,000 +24.1% Added
AMSG 5.25 07/01/17 A-1 AMSURG CORP
$31.1M
0.5%
292,600 +292,600 New
BPZR 8.5 10/01/17 PRN BPZ RESOURCES INC
$30.7M
0.5%
30,550,000 −3,250,000 −9.6% Reduced
MIC 2.875 07/15/19 PRN MACQUARIE INFRASTRUCTURE
$30.0M
0.5%
26,835,000 +26,835,000 New
TTMI 1.75 12/15/20 PRN TTM TECHNOLOGIES INC
$30.0M
0.5%
30,858,000 −10,392,000 −25.2% Reduced
HQCL 3.5 01/15/18 PRN HANWHA Q CELLS CO LTD
$29.4M
0.5%
30,476,000 −2,770,000 −8.3% Reduced
AIG AMERICAN INTERNATIONAL GROUP
$29.4M
0.5%
544,100 −385,000 −41.4% Reduced
DBRG 5 04/15/23 PRN DIGITALBRIDGE GROUP INC
$29.4M
0.5%
28,138,000 −2,377,000 −7.8% Reduced
SURGICAL CARE AFFILIATES INC
$29.4M
0.5%
1,099,090 −543,195 −33.1% Reduced
JD JD.COM INC-ADR
$29.2M
0.5%
1,129,150 +140,140 +14.2% Added
ROCK TENN COMPANY -CL A
$28.0M
0.5%
588,832 +588,832 New
KEYW 2.5 07/15/19 PRN KEYW HOLDING CORP
$27.3M
0.5%
27,820,000 +27,820,000 New
PULSE ELECTRONICS CORP
$27.1M
0.4%
11,999,585 Held
ALR 3 PERP B ALERE INC
$27.0M
0.4%
83,368 −129,432 −60.8% Reduced
NBIS NEBIUS GROUP NV
$26.7M
0.4%
961,100 +961,100 New
PLAB 3.25 04/01/16 PRN PHOTRONICS INC
$26.1M
0.4%
24,717,000 Held
IRDM 6.75 PERP B IRIDIUM COMMUNICATIONS I
$26.0M
0.4%
76,720 Held
ITUB ITAU UNIBANCO H-SPON PRF ADR
$25.8M
0.4%
1,855,600 +1,855,600 New
HOLX 0 12/15/37 2010 PRN HOLOGIC INC
$25.4M
0.4%
21,179,000 Held
IBN ICICI BANK LTD-SPON ADR
$25.1M
0.4%
511,615 +511,615 New
CEMEX 4.875 03/15/15 PRN CEMEX SAB DE CV
$24.5M
0.4%
20,395,000 −2,000,000 −8.9% Reduced
GTY GETTY REALTY CORP
$24.2M
0.4%
1,422,221 Held
APOLLO GLOBAL MANAGEMENT - A
$23.8M
0.4%
1,000,000 −117,500 −10.5% Reduced
HTWR 3.5 12/15/17 PRN HEARTWARE INTERNATIONAL
$23.4M
0.4%
21,166,000 −5,000,000 −19.1% Reduced
WBMD 2.5 01/31/18 PRN WEBMD HEALTH CORP
$22.3M
0.4%
22,200,000 +700,000 +3.3% Added
SUMIAL 3.875 12/01/18 PRN AIR LEASE CORP
$22.1M
0.4%
16,223,000 Held
N 0.25 06/01/18 PRN NETSUITE INC
$21.6M
0.4%
20,741,000 Held
NTAP NETAPP INC
$21.1M
0.3%
490,000 Held
ICON 1.5 03/15/18 PRN ICONIX BRAND GROUP INC
$21.0M
0.3%
16,395,000 +16,395,000 New
AU3EUR ANGLOGOLD ASHANTI-SPON ADR
$20.6M
0.3%
1,719,744 +374,700 +27.9% Added
MBTGBP MOBILE TELESYSTEMS-SP ADR
$20.3M
0.3%
1,357,248 +308,600 +29.4% Added
CBST 1.875 09/01/20 PRN CUBIST PHARMACEUTICALS
$19.8M
0.3%
17,731,000 +17,731,000 New
GDP 5 10/01/32 PRN GOODRICH PETROLEUM CORP
$19.7M
0.3%
18,757,000 Held
TSQ TOWNSQUARE MEDIA INC - CL A
$19.2M
0.3%
1,595,224 +1,595,224 New
WFC 7.5 PERP L WELLS FARGO & COMPANY
$18.9M
0.3%
15,750 −2,500 −13.7% Reduced
ARI 5.5 03/15/19 PRN APOLLO CMMRL REAL EST FI
$18.4M
0.3%
18,475,000 +425,000 +2.4% Added
EMC CORP/MA
$17.8M
0.3%
610,000 Held
PMT 5.375 05/01/20 PRN PENNYMAC CORP
$17.3M
0.3%
17,480,000 −2,820,000 −13.9% Reduced
BAC 7.25 PERP L BANK OF AMERICA CORP
$16.5M
0.3%
14,400 −2,500 −14.8% Reduced
HLX 3.25 03/15/32 PRN HELIX ENERGY SOLUTIONS
$15.4M
0.3%
13,087,000 −10,760,000 −45.1% Reduced
BGCP 4.5 07/15/16 PRN BGC PARTNERS INC
$15.1M
0.2%
14,145,000 Held
HOLX 0 12/15/43 PRN HOLOGIC INC
$14.3M
0.2%
13,098,000 −4,395,000 −25.1% Reduced
OCSL 5.375 04/01/16 PRN FIFTH STREET FINANCE COR
$13.7M
0.2%
13,115,000 +665,000 +5.3% Added
EXE 2.25 12/15/38 PRN CHESAPEAKE ENERGY CORP
$13.4M
0.2%
14,000,000 −1,150,000 −7.6% Reduced
SSLTIN 4 10/30/14 PRN STERLITE INDUSTRIES LTD
$13.3M
0.2%
13,335,000 −2,000,000 −13.0% Reduced
RASF 4 10/01/33 PRN RAIT FINANCIAL TRUST
$13.2M
0.2%
14,095,000 −2,905,000 −17.1% Reduced
MCDERMOTT INTL INC
$12.8M
0.2%
2,240,599 Held
AVHI 7.5 02/15/16 PRN AV HOMES INC
$12.3M
0.2%
11,717,000 +500,000 +4.5% Added
HMIN 2 12/15/15 PRN HOMEINNS HOTEL GROUP
$12.2M
0.2%
12,630,000 +4,520,000 +55.7% Added
WILLIAMS PARTNERS LP
$11.5M
0.2%
217,146 +217,146 New
FLG 6 11/01/51 FLAGSTAR BANK NA
$11.5M
0.2%
227,585 −23,800 −9.5% Reduced
ACRE 7 12/15/15 PRN ARES COMMERCIAL REAL EST
$11.3M
0.2%
11,025,000 −2,225,000 −16.8% Reduced
VGR V1.75 04/15/20 PRN VECTOR GROUP LTD
$11.2M
0.2%
10,000,000 −9,540,000 −48.8% Reduced
MFIC 5.75 01/15/16 PRN APOLLO INVESTMENT CORP
$11.0M
0.2%
10,525,000 −495,000 −4.5% Reduced
TEO TELECOM ARGENTINA SA-SP ADR
$10.6M
0.2%
519,851 +9,000 +1.8% Added
VIMPELCOM LTD-SPON ADR
$10.2M
0.2%
1,410,000 Held
PODD 2 06/15/19 PRN INSULET CORPORATION
$10.1M
0.2%
9,436,000 +9,436,000 New
NUAN 2.75 11/01/31 PRN NUANCE COMMUNICATIONS
$9.4M
0.2%
9,500,000 −500,000 −5.0% Reduced
PSEC 5.5 08/15/16 PRN PROSPECT CAPITAL CORP
$8.7M
0.1%
8,421,000 +1,351,000 +19.1% Added
ACR 6 12/01/18 PRN EXANTAS CAPITAL CORP
$8.6M
0.1%
8,689,000 −7,483,000 −46.3% Reduced
MDCO 1.375 06/01/17 PRN MEDICINES COMPANY
$8.6M
0.1%
8,085,000 Held
ASCMA 4 07/15/20 PRN ASCENT CAPITAL GROUP INC
$8.5M
0.1%
9,390,000 +5,970,000 +174.6% Added
VER 3 08/01/18 PRN VEREIT INC
$8.5M
0.1%
8,500,000 +4,000,000 +88.9% Added
TTMI 3.25 05/15/15 PRN TTM TECHNOLOGIES
$8.4M
0.1%
8,299,000 Held
HW 8.75 02/01/16 PRN HEADWATERS INC
$8.3M
0.1%
7,646,000 −1,000,000 −11.6% Reduced
ANR 3.75 12/15/17 PRN ALPHA NATURAL RESOURCES
$8.2M
0.1%
11,365,000 Held
MTNA 6 01/15/16 PRN ARCELORMITTAL
$8.1M
0.1%
380,000 −250,000 −39.7% Reduced
PSEC 5.375 10/15/17 PRN PROSPECT CAPITAL CORP
$7.3M
0.1%
7,082,000 +488,000 +7.4% Added
NLY 5 05/15/15 PRN ANNALY CAPITAL MGMT
$7.0M
0.1%
7,000,000 −2,501,000 −26.3% Reduced
OI SA-ADR
$6.9M
0.1%
9,863,971 Held
DHCP 4.5 11/01/19 PRN DITECH HOLDING CORP
$6.6M
0.1%
7,846,000 −9,280,000 −54.2% Reduced
SRC 2.875 05/15/19 PRN SPIRIT REALTY CAPITAL IN
$6.4M
0.1%
6,510,000 −3,600,000 −35.6% Reduced
OCN2EUR OCWEN FINANCIAL CORP
$6.2M
0.1%
237,000 Held
EPR 5.75 PERP C EPR PROPERTIES
$6.1M
0.1%
276,321 −125,000 −31.1% Reduced
GSCCN 5 06/01/17 PRN GOLDEN STAR RESOURCES
$5.9M
0.1%
8,750,000 −5,000,000 −36.4% Reduced
NMIH NMI HOLDINGS INC
$5.2M
0.1%
600,300 +600,300 New
TITN 3.75 05/01/19 PRN TITAN MACHINERY INC
$5.0M
0.1%
6,429,000 −12,600,000 −66.2% Reduced
PSEC 5.75 03/15/18 PRN PROSPECT CAPITAL CORP
$4.9M
0.1%
4,750,000 −1,250,000 −20.8% Reduced
DSX DIANA SHIPPING INC
$4.3M
0.1%
484,800 +484,800 New
PARR PAR PACIFIC HOLDINGS INC
$3.2M
0.1%
190,862 +190,862 New
CAPITAL PRODUCT PARTNERS LP
$2.7M
0.0%
275,000 +275,000 New
SQNM 5 10/01/17 PRN SEQUENOM INC
$2.7M
0.0%
2,800,000 −5,379,000 −65.8% Reduced
BPZR 6.5 03/01/15 * PRN BPZ RESOURCES INC
$2.6M
0.0%
2,590,000 −670,000 −20.6% Reduced
OI SA-ADR
$2.6M
0.0%
3,464,543 Held
ARCC 4.875 03/15/17 PRN ARES CAPITAL CORP
$2.3M
0.0%
2,146,000 −500,000 −18.9% Reduced
AIR 2.25 03/01/16 B PRN AAR CORP
$2.0M
0.0%
2,000,000 −3,000,000 −60.0% Reduced
EPR 9 PERP E EPR PROPERTIES
$1.9M
0.0%
62,250 −52,800 −45.9% Reduced
TGS TRANSPORTADOR GAS-ADR SP B
$1.8M
0.0%
547,476 Held
QUAD QUAD GRAPHICS INC
$864K
0.0%
44,931 +44,931 New
WSP HOLDINGS LTD-ADR
$423K
0.0%
1,408,800 Held

Sold positions

29 closed in Q3 2014 · shares & value as of prior filing
Holding Shares sold Prior value
SAPGR 0.5 06/15/18 PRN CONCUR TECHNOLOGIES INC
60,390,000 $67.8M
LINTA 0.75 03/30/43 PRN LIBERTY INTERACTIVE LLC
43,005,000 $57.7M
WEB 1 08/15/18 PRN WEB.COM GROUP INC
42,755,000 $45.9M
TTWO 1 07/01/18 PRN TAKE-TWO INTERACTIVE SOF
30,370,000 $37.2M
TSLAEN 2.75 11/01/18 PRN TESLA ENERGY OPERATIONS
21,580,000 $30.0M
ABEV AMBEV SA-ADR
3,395,805 $23.9M
STWD 4 01/15/19 PRN STARWOOD PROPERTY TRUST
18,000,000 $20.6M
MCP 3.25 06/15/16 PRN MOLYCORP INC
23,495,000 $18.0M
TWGP 5 09/15/14 PRN TOWER GROUP INTL LTD
19,830,000 $17.5M
EPAY 1.5 12/01/17 PRN BOTTOMLINE TECHNOLOGIES
12,280,000 $14.6M
MHGC 2.375 10/15/14 PRN MORGANS HOTEL GROUP CO
14,410,000 $14.2M
BXUSD BLACKSTONE GROUP LP
350,000 $11.7M
CIEN 0.875 06/15/17 PRN CIENA CORP
11,430,000 $11.4M
STWD 4.55 03/01/18 PRN STARWOOD PROPERTY TRUST
7,250,000 $8.2M
WNC 3.375 05/01/18 PRN WABASH NATIONAL CORP
5,730,000 $8.1M
IOC 2.75 11/15/15 PRN INTEROIL CORP
6,669,000 $6.8M
MTH 1.875 09/15/32 PRN MERITAGE HOMES CORP
5,770,000 $6.1M
YRCW 10 03/31/15 A PRN YRC WORLDWIDE INC
5,930,266 $6.0M
MTOR 0 02/15/27 PRN MERITOR INC
5,000,000 $5.3M
DRYS 5 12/01/14 PRN DRYSHIPS INC
5,000,000 $4.9M
RTI 3 12/01/15 PRN RTI INTERNATIONAL METALS
2,975,000 $3.1M
RWT 4.625 04/15/18 PRN REDWOOD TRUST INC
3,000,000 $3.1M
ELGX 2.25 12/15/18 PRN ENDOLOGIX INC
3,000,000 $3.0M
PARAGON SHIPPING INC-CLASS A
500,000 $3.0M
CDVI 5 07/15/17 PRN CAL DIVE INTERNATIONAL
3,185,000 $2.7M
MCP 6 09/01/17 PRN MOLYCORP INC
4,000,000 $2.6M
INTC 3.25 08/01/39 PRN INTEL CORP
1,000,000 $1.5M
LXP 6.5 PERP C LXP INDUSTRIAL TRUST
29,266 $1.4M
MACK 4.5 07/15/20 PRN MERRIMACK PHARMACEUTI
1,000,000 $1.3M

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.