whalepapers
Overview/ Oaktree Capital Management LP/ Q3 2018

Oaktree Capital Management LP

Howard Marks & Bruce Karsh · As of Q3 2018 · filed Nov 14, 2018

Q3 2018

Holdings

213 positions · Δ vs prior quarter
SPY CALL SS SPDR S&P 500 ETF TRUST-US
$1.05B
14.1%
3,600,000 +3,600,000 New
VST VISTRA CORP
$888.6M
12.0%
35,715,343 −8,837,694 −19.8% Reduced
SBLK STAR BULK CARRIERS CORP
$441.6M
5.9%
30,557,767 Held
TRMD TORM PLC-A
$285.8M
3.8%
47,600,172 +47,600,172 New
ALLY ALLY FINANCIAL INC
$230.4M
3.1%
8,712,400 Held
TRCO TRIBUNE MEDIA CO - A
$209.2M
2.8%
5,442,870 −2,150,571 −28.3% Reduced
TSM TAIWAN SEMICONDUCTOR-SP ADR
$160.1M
2.2%
3,625,809 +424,923 +13.3% Added
SPY PUT SS SPDR S&P 500 ETF TRUST-US
$145.4M
2.0%
500,000 +500,000 New
NMIH NMI HOLDINGS INC
$128.7M
1.7%
5,681,992 Held
IBN ICICI BANK LTD-SPON ADR
$89.4M
1.2%
10,534,345 +792,833 +8.1% Added
PBR/A PETROLEO BRASIL-SP PREF ADR
$85.1M
1.1%
8,135,360 −985,668 −10.8% Reduced
ITUB ITAU UNIBANCO H-SPON PRF ADR
$82.8M
1.1%
7,536,959 −1,592,894 −17.4% Reduced
CMBT CMB TECH NV
$79.9M
1.1%
9,182,915 −315,854 −3.3% Reduced
VICI VICI PROPERTIES INC
$77.3M
1.0%
3,576,319 −303,543 −7.8% Reduced
SMH PUT VANECK SEMICONDUCTOR ETF
$74.5M
1.0%
700,000 +700,000 New
DISH 3.375 08/15/26 PRN DISH NETWORK CORP
$65.9M
0.9%
68,875,000 +40,875,000 +146.0% Added
STKL SUNOPTA INC
$59.5M
0.8%
8,092,699 Held
MU PUT MICRON TECHNOLOGY INC
$58.8M
0.8%
1,300,000 +1,300,000 New
WFRD 5.875 07/01/21 PRN WEATHERFORD INTL LTD
$58.4M
0.8%
61,872,000 −12,273,000 −16.6% Reduced
PCG P G & E CORP
$55.9M
0.8%
1,215,000 +715,000 +143.0% Added
CEO CNOOC LTD-SPON ADR
$54.5M
0.7%
275,740 +12,501 +4.7% Added
GLNG 2.75 02/15/22 PRN GOLAR LNG LTD
$50.1M
0.7%
47,838,000 +3,755,000 +8.5% Added
VALE VALE SA-SP ADR
$49.0M
0.7%
3,302,681 +820,722 +33.1% Added
CCS CENTURY COMMUNITIES INC
$47.7M
0.6%
1,819,003 Held
ACR 4.5 08/15/22 PRN ACRES COMMERCIAL REALTY
$47.4M
0.6%
47,415,000 −580,000 −1.2% Reduced
INFY INFOSYS LTD-SP ADR
$47.4M
0.6%
4,655,979 +783,135 +20.2% Added
ICPT 3.25 07/01/23 PRN INTERCEPT PHARMAS
$44.0M
0.6%
43,316,000 +8,846,000 +25.7% Added
VAL 3 01/31/24 PRN ENSCO JERSEY FINANCE LTD
$43.1M
0.6%
43,185,000 −4,664,000 −9.7% Reduced
BXMT 4.375 05/05/22 PRN BLACKSTONE MORTGAGE TR
$43.0M
0.6%
42,910,000 +9,031,000 +26.7% Added
BDX 6.125 05/01/20 A BECTON DICKINSON AND CO
$42.8M
0.6%
655,020 −111,700 −14.6% Reduced
HZNP 2.5 03/15/22 PRN HORIZON PHARMA INV LTD
$41.7M
0.6%
41,281,000 −4,981,000 −10.8% Reduced
ACR 6 12/01/18 PRN EXANTAS CAPITAL CORP
$38.4M
0.5%
38,093,000 Held
BKNG 0.9 09/15/21 PRN BOOKING HOLDINGS INC
$36.7M
0.5%
30,884,000 +1,910,000 +6.6% Added
CCI 6.875 08/01/20 A CROWN CASTLE INTL CORP
$34.8M
0.5%
32,000 +32,000 New
CTB PUT COOPER TIRE & RUBBER
$34.0M
0.5%
1,200,000 +1,200,000 New
CX CEMEX SAB-SPONS ADR PART CER
$33.9M
0.5%
4,808,700 +2,639,560 +121.7% Added
AU3EUR ANGLOGOLD ASHANTI-SPON ADR
$33.5M
0.5%
3,907,565 +234,265 +6.4% Added
AZUL SA-ADR
$33.3M
0.4%
1,873,216 +118,442 +6.7% Added
FTV 5 07/01/21 A FORTIVE CORPORATION
$33.0M
0.4%
30,577 +30,577 New
AABAUSD ALTABA INC
$33.0M
0.4%
483,866 −3,116,122 −86.6% Reduced
EXAS 1 01/15/25 PRN EXACT SCIENCES CORP
$32.8M
0.4%
26,463,000 +5,133,000 +24.1% Added
ENERGY XXI GULF COAST INC
$32.7M
0.4%
3,910,545 Held
ARI 4.75 08/23/22 PRN APOLLO CMMRL REAL EST FI
$32.6M
0.4%
32,406,000 +1,454,000 +4.7% Added
VRSUSD VERSO CORP - A
$32.4M
0.4%
961,319 −1,404,595 −59.4% Reduced
MX MAGNACHIP SEMICONDUCTOR CORP
$32.2M
0.4%
3,250,000 Held
WMIH CORP
$32.2M
0.4%
23,130,531 +23,130,531 New
SMCIUSD SUPER MICRO COMPUTER INC
$30.9M
0.4%
1,500,000 +1,500,000 New
TCOM 1 07/01/20 PRN TRIP.COM GROUP LTD
$29.8M
0.4%
30,380,000 −8,230,000 −21.3% Reduced
WB WEIBO CORP-SPON ADR
$29.7M
0.4%
406,600 +406,600 New
P5Y BRF SA-ADR
$28.0M
0.4%
5,117,302 +781,654 +18.0% Added
BBD BANCO BRADESCO-ADR
$27.9M
0.4%
3,936,583 +3,936,583 New
WLL 1.25 04/01/20 PRN WHITING PETROLEUM CORP
$27.0M
0.4%
28,097,000 +1,087,000 +4.0% Added
DBRG 3.875 01/15/21 PRN COLONY CAPITAL INC
$27.0M
0.4%
28,505,000 +7,650,000 +36.7% Added
HES 8 02/01/19 HESS CORP
$26.8M
0.4%
336,700 +103,900 +44.6% Added
NEE 6.123 09/01/19 NEXTERA ENERGY INC
$26.7M
0.4%
468,855 +78,440 +20.1% Added
GMED 2.25 03/15/21 PRN NUVASIVE INC
$26.4M
0.4%
20,805,000 +3,805,000 +22.4% Added
HURN 1.25 10/01/19 PRN HURON CONSULTING GROUP I
$26.1M
0.4%
26,753,000 +3,469,000 +14.9% Added
PMT 5.375 05/01/20 PRN PENNYMAC CORP
$25.6M
0.3%
25,642,000 +433,000 +1.7% Added
PEGI 4 07/15/20 PRN PATTERN ENERGY GROUP INC
$25.2M
0.3%
25,097,000 +1,622,000 +6.9% Added
PRAA 3 08/01/20 PRN PRA GROUP INC
$24.9M
0.3%
25,708,000 +54,000 +0.2% Added
P 1.75 12/01/20 PRN PANDORA MEDIA LLC
$24.8M
0.3%
25,245,000 −3,633,000 −12.6% Reduced
NUAN 1.25 04/01/25 PRN NUANCE COMMUNICATIONS
$24.7M
0.3%
23,850,000 +23,850,000 New
FWONK 1 01/30/23 PRN LIBERTY MEDIA CORP
$24.2M
0.3%
20,625,000 +8,125,000 +65.0% Added
CATM 1 12/01/20 PRN CARDTRONICS INC
$24.0M
0.3%
24,789,000 +2,697,000 +12.2% Added
VIAV 1 03/01/24 PRN VIAVI SOLUTIONS INC
$23.8M
0.3%
22,000,000 +22,000,000 New
TWTR 0.25 09/15/19 PRN TWITTER INC
$23.6M
0.3%
24,301,000 −3,566,000 −12.8% Reduced
MIC 2.875 07/15/19 PRN MACQUARIE INFRASTRUCTURE
$23.4M
0.3%
23,597,000 +3,297,000 +16.2% Added
ILMN 0 06/15/19 PRN ILLUMINA INC
$23.3M
0.3%
16,000,000 −13,145,000 −45.1% Reduced
CKH 3 11/15/28 PRN SEACOR HOLDINGS INC
$23.2M
0.3%
23,824,000 +69,000 +0.3% Added
SSRMCN 2.875 02/01/33 PRN SSR MINING INC
$23.0M
0.3%
23,403,000 −1,654,000 −6.6% Reduced
STONEMOR PARTNERS LP
$23.0M
0.3%
4,477,857 Held
VRNT 1.5 06/01/21 PRN VERINT SYSTEMS INC
$22.7M
0.3%
21,911,000 +15,911,000 +265.2% Added
GWRE 1.25 03/15/25 PRN GUIDEWIRE SOFTWARE INC
$22.2M
0.3%
20,655,000 −2,345,000 −10.2% Reduced
CTRPUSD CTRIP.COM INTERNATIONAL-ADR
$22.0M
0.3%
593,153 +58,353 +10.9% Added
CTXS 0.5 04/15/19 PRN CITRIX SYSTEMS INC
$21.9M
0.3%
14,237,000 −6,906,000 −32.7% Reduced
MTG MGIC INVESTMENT CORP
$21.8M
0.3%
1,640,000 Held
NOW 0 06/01/22 PRN SERVICENOW INC
$21.8M
0.3%
14,585,000 +14,585,000 New
YUMC YUM CHINA HOLDINGS INC
$21.6M
0.3%
614,500 +614,500 New
ARCC 4.375 01/15/19 PRN ARES CAPITAL CORP
$21.4M
0.3%
21,319,000 −2,522,000 −10.6% Reduced
COHR 0.25 09/01/22 PRN II-VI INC
$21.0M
0.3%
17,865,000 +17,865,000 New
RWT 5.625 11/15/19 PRN RWT HOLDINGS INC
$20.7M
0.3%
20,452,000 −2,837,000 −12.2% Reduced
HTGC 4.375 02/01/22 PRN HERCULES CAPITAL INC
$20.6M
0.3%
21,177,000 +4,899,000 +30.1% Added
INVH 3.5 01/15/22 PRN IH MERGER SUB LLC
$20.5M
0.3%
18,561,000 +12,530,000 +207.8% Added
RIG 0.5 01/30/23 PRN TRANSOCEAN INC
$20.2M
0.3%
13,615,000 +13,615,000 New
BMRN 0.599 08/01/24 PRN BIOMARIN PHARMACEUTICAL
$20.1M
0.3%
18,865,000 −11,635,000 −38.1% Reduced
ZD 3.25 06/15/29 PRN J2 GLOBAL COMMUNICATIONS
$20.0M
0.3%
15,360,000 −1,640,000 −9.6% Reduced
LITE 0.25 03/15/24 PRN LUMENTUM HOLDINGS INC
$19.2M
0.3%
16,000,000 +16,000,000 New
IIVI 0.5 12/15/36 PRN FINISAR CORP
$18.7M
0.3%
20,316,000 +15,495,000 +321.4% Added
MRVL 1.125 12/01/20 PRN INPHI CORP
$17.9M
0.2%
15,500,000 +15,500,000 New
OSIS 1.25 09/01/22 PRN OSI SYSTEMS INC
$17.6M
0.2%
18,380,000 +7,880,000 +75.0% Added
NOG1EUR NORTHERN OIL AND GAS INC
$17.6M
0.2%
4,389,667 −1,450,000 −24.8% Reduced
GSBD 4.5 04/01/22 PRN GOLDMAN SACHS BDC INC
$17.5M
0.2%
17,259,000 +844,000 +5.1% Added
WMGI 2.25 11/15/21 PRN WRIGHT MEDICAL GROUP NV
$17.3M
0.2%
11,990,000 −1,010,000 −7.8% Reduced
SRC 2.875 05/15/19 PRN SPIRIT REALTY CAPITAL IN
$17.2M
0.2%
17,155,000 −9,883,000 −36.6% Reduced
BONANZA CREEK ENERGY INC
$17.0M
0.2%
571,208 +212,752 +59.4% Added
FOR 3.75 03/01/20 PRN FORESTAR GROUP INC
$16.9M
0.2%
16,928,000 +1,059,000 +6.7% Added
RWT 5.625 07/15/24 PRN REDWOOD TRUST INC
$16.9M
0.2%
17,070,000 +7,070,000 +70.7% Added
SRE 6.75 07/15/21 B SEMPRA ENERGY
$16.9M
0.2%
166,700 +166,700 New
SJI 7.25 04/15/21 SOUTH JERSEY INDUSTRIES
$16.8M
0.2%
300,000 +300,000 New
BMRN 1.5 10/15/20 PRN BIOMARIN PHARMACEUTICAL
$16.5M
0.2%
13,720,000 +8,720,000 +174.4% Added
NMFC 5 06/15/19 PRN NEW MOUNTAIN FINANCE COR
$16.5M
0.2%
16,292,000 +2,553,000 +18.6% Added
MATLIN AND PARTNERS ACQUISITION CORP
$16.1M
0.2%
1,500,000 Held
MDRX 1.25 07/01/20 PRN ALLSCRIPTS HEALTHCARE SO
$15.8M
0.2%
15,000,000 +15,000,000 New
TEVA 0.25 02/01/26 C PRN TEVA PHARM FIN CO LLC
$15.8M
0.2%
16,755,000 −822,000 −4.7% Reduced
QTS 6.5 PERP B QTS REALTY TRUST INC
$15.6M
0.2%
148,000 +148,000 New
BATRKUSD LIBERTY MEDIA CORP-BRAVES C
$15.5M
0.2%
570,102 Held
JAZZ 1.875 08/15/21 PRN JAZZ INVESTMENTS I LTD
$15.4M
0.2%
14,357,000 +2,323,000 +19.3% Added
SRE 6 01/15/21 A SEMPRA ENERGY
$15.4M
0.2%
152,340 −72,660 −32.3% Reduced
NBIX 2.25 05/15/24 PRN NEUROCRINE BIOSCIENCES
$15.2M
0.2%
8,895,000 −2,910,000 −24.7% Reduced
EXE 5.5 09/15/26 PRN EXPAND ENERGY CORP
$14.7M
0.2%
14,795,000 −6,205,000 −29.5% Reduced
EZPW 2.125 06/15/19 PRN EZCORP INC
$14.3M
0.2%
14,351,000 +2,566,000 +21.8% Added
NXPI NXP SEMICONDUCTORS NV
$14.2M
0.2%
166,000 +166,000 New
NBR 0.75 01/15/24 PRN NABORS INDUSTRIES INC
$13.8M
0.2%
17,610,000 +2,465,000 +16.3% Added
IFF 6 09/15/21 INTL FLAVOR & FRAGRANCES
$13.6M
0.2%
250,000 +250,000 New
RP 1.5 11/15/22 PRN REALPAGE INC
$13.2M
0.2%
8,080,000 −1,230,000 −13.2% Reduced
SWK 5.375 05/15/20 STANLEY BLACK & DECKER I
$13.2M
0.2%
120,000 +120,000 New
XECEUR CIMAREX ENERGY CO
$13.1M
0.2%
141,130 Held
NAV 4.5 10/15/18 PRN NAVISTAR INTL CORP
$12.8M
0.2%
12,755,000 −1,582,000 −11.0% Reduced
TSQ TOWNSQUARE MEDIA INC - CL A
$12.5M
0.2%
1,595,224 Held
JAZZ 1.5 08/15/24 PRN JAZZ INVESTMENTS I LTD
$12.4M
0.2%
12,200,000 +12,200,000 New
WMC 6.75 10/01/22 PRN WESTERN ASSET MTGE CAP
$12.4M
0.2%
12,273,000 +615,000 +5.3% Added
TEO TELECOM ARGENTINA SA-SP ADR
$12.4M
0.2%
712,500 +471,500 +195.6% Added
TVTX 2.5 09/15/25 PRN TRAVERE THERAPEUTICS INC
$12.4M
0.2%
12,000,000 +12,000,000 New
IDCC 1.5 03/01/20 PRN INTERDIGITAL INC
$12.0M
0.2%
10,230,000 −9,270,000 −47.5% Reduced
NBIS 1.125 12/15/18 PRN YANDEX NV
$11.5M
0.2%
11,534,000 −656,000 −5.4% Reduced
LNG 4.25 03/15/45 PRN CHENIERE ENERGY INC
$11.4M
0.2%
14,163,000 −9,708,000 −40.7% Reduced
ECHO 2.5 05/01/20 PRN ECHO GLOBAL LOGISTICS
$11.4M
0.2%
10,900,000 +6,570,000 +151.7% Added
ADAM 6.25 01/15/22 PRN NEW YORK MORTGAGE TRUST
$11.2M
0.2%
11,175,000 −442,000 −3.8% Reduced
CHRD 2.625 09/15/23 PRN OASIS PETROLEUM INC
$11.1M
0.1%
8,265,000 −7,735,000 −48.3% Reduced
TCPC 5.25 12/15/19 PRN BLACKROCK TCP CAP CORP
$11.0M
0.1%
10,891,000 +1,123,000 +11.5% Added
CEMEX 3.72 03/15/20 * PRN CEMEX SAB DE CV
$11.0M
0.1%
10,845,000 +10,845,000 New
ECPG 2.875 03/15/21 PRN ENCORE CAPITAL GROUP INC
$10.8M
0.1%
11,536,000 +285,000 +2.5% Added
VIPS 1.5 03/15/19 PRN VIPSHOP HOLDING LTD
$10.8M
0.1%
10,961,000 +10,961,000 New
IRWD 2.25 06/15/22 PRN IRONWOOD PHARMACEUTICALS
$10.7M
0.1%
8,215,000 −1,785,000 −17.8% Reduced
GPRE 4.125 09/01/22 PRN GREEN PLAINS INC
$10.6M
0.1%
11,058,000 −11,705,000 −51.4% Reduced
SM 1.5 07/01/21 PRN SM ENERGY CO
$10.4M
0.1%
9,500,000 +9,500,000 New
SFL 5.75 10/15/21 PRN SFL CORP LTD
$10.3M
0.1%
10,265,000 −3,155,000 −23.5% Reduced
HCI 3.875 03/15/19 PRN HCI GROUP INC
$10.1M
0.1%
10,110,000 −928,000 −8.4% Reduced
VSI 2.25 12/01/20 PRN VITAMIN SHOPPE INC
$10.0M
0.1%
11,495,000 +11,495,000 New
BAC 7.25 PERP L BANK OF AMERICA CORP
$9.8M
0.1%
7,600 −1,000 −11.6% Reduced
TSLX 4.5 12/15/19 PRN TPG SPECIALTY LENDING IN
$9.7M
0.1%
9,655,000 −2,508,000 −20.6% Reduced
PRAA 3.5 06/01/23 PRN PRA GROUP INC
$9.6M
0.1%
9,365,000 −9,605,000 −50.6% Reduced
PTCT 3 08/15/22 PRN PTC THERAPEUTICS INC
$9.5M
0.1%
8,200,000 +4,755,000 +138.0% Added
ALDR 2.5 02/01/25 PRN LUNDBECK SEATLE BIOPH IN
$9.1M
0.1%
8,525,000 +525,000 +6.6% Added
INVA 2.125 01/15/23 PRN INNOVIVA INC
$8.9M
0.1%
8,805,000 +3,588,000 +68.8% Added
AAWW 2.25 06/01/22 PRN ATLAS AIR WORLDWIDE HLDG
$8.3M
0.1%
7,155,000 −1,480,000 −17.1% Reduced
WFC 7.5 PERP L WELLS FARGO & COMPANY
$8.1M
0.1%
6,293 −384 −5.8% Reduced
W 0.375 09/01/22 PRN WAYFAIR INC
$8.1M
0.1%
5,365,000 +5,365,000 New
HUBS 0.25 06/01/22 PRN HUBSPOT INC
$8.0M
0.1%
4,860,000 −3,673,000 −43.0% Reduced
PCRX 2.375 04/01/22 PRN PACIRA BIOSCIENCES INC
$7.9M
0.1%
7,500,000 +7,500,000 New
TIVO 0.5 03/01/20 PRN ROVI CORP
$7.9M
0.1%
8,255,000 +8,255,000 New
TDOC 3 12/15/22 PRN TELADOC HEALTH INC
$7.8M
0.1%
3,825,000 +3,825,000 New
TITN 3.75 05/01/19 PRN TITAN MACHINERY INC
$7.8M
0.1%
7,871,000 +80,000 +1.0% Added
GLIBAEUR GCI LIBERTY INC - CLASS A
$7.7M
0.1%
150,000 Held
SYNA 0.5 06/15/22 PRN SYNAPTICS INC
$7.6M
0.1%
7,930,000 +1,900,000 +31.5% Added
DHT 4.5 10/01/19 PRN DHT HOLDINGS INC
$7.5M
0.1%
7,256,000 −965,000 −11.7% Reduced
PAM PAMPA ENERGIA SA-SPON ADR
$7.5M
0.1%
240,000 +240,000 New
CEMEX 3.72 03/15/20 PRN CEMEX SAB DE CV
$7.4M
0.1%
7,370,000 +7,370,000 New
DXCM 0.75 05/15/22 PRN DEXCOM INC
$7.4M
0.1%
4,790,000 +4,790,000 New
NUAN 1 12/15/35 PRN NUANCE COMMUNICATIONS
$7.3M
0.1%
7,700,000 +7,700,000 New
PSEC 4.75 04/15/20 PRN PROSPECT CAPITAL CORP
$7.2M
0.1%
7,135,000 +5,025,000 +238.2% Added
GPMT 5.625 12/01/22 PRN GRANITE POINT MTGE TRST
$7.1M
0.1%
6,895,000 −1,130,000 −14.1% Reduced
KAMN 3.25 05/01/24 PRN KAMAN CORP
$6.9M
0.1%
5,880,000 −6,120,000 −51.0% Reduced
HLX 4.25 05/01/22 PRN HELIX ENERGY SOLUTIONS
$6.9M
0.1%
6,416,000 −2,051,000 −24.2% Reduced
IIVI 0.5 12/15/33 PRN FINISAR CORP
$6.6M
0.1%
6,625,000 −3,080,000 −31.7% Reduced
MNDT 1 06/01/35 A PRN MANDIANT INC
$6.5M
0.1%
6,773,000 +6,773,000 New
STWD 4 01/15/19 PRN STARWOOD PROPERTY TRUST
$6.4M
0.1%
5,750,000 −8,250,000 −58.9% Reduced
NXPI 1 12/01/19 PRN NXP SEMICONDUCTOR NV
$6.3M
0.1%
6,000,000 +6,000,000 New
TWO 6.25 01/15/22 PRN TWO HARBORS INV CORP
$6.2M
0.1%
6,056,000 −2,594,000 −30.0% Reduced
BKCC 5 06/15/22 PRN BLACKROCK CAPITAL INVEST
$6.1M
0.1%
5,950,000 +3,790,000 +175.5% Added
VST 7 07/01/19 VISTRA ENERGY CORP
$6.0M
0.1%
61,700 −155,250 −71.6% Reduced
TCOM 1.25 09/15/22 PRN TRIP.COM GROUP LTD
$5.8M
0.1%
5,915,000 +5,915,000 New
HKEUR HALCON RESOURCES CORP
$5.7M
0.1%
1,270,000 +1,270,000 New
EFII 0.75 09/01/19 PRN ELECTRONICS FOR IMAGING
$5.7M
0.1%
5,730,000 +3,005,000 +110.3% Added
ENV 1.75 12/15/19 PRN ENVESTNET INC
$5.6M
0.1%
5,113,000 −5,000,000 −49.4% Reduced
OI SA
$5.6M
0.1%
2,054,854 +2,054,854 New
ACOR 1.75 06/15/21 PRN ACORDA THERAPEUTICS INC
$5.1M
0.1%
6,000,000 −9,230,000 −60.6% Reduced
VEON LTD
$4.9M
0.1%
1,678,900 Held
PDLI 2.75 12/01/21 PRN PDL BIOPHARMA INC
$4.7M
0.1%
4,695,000 −365,000 −7.2% Reduced
TGS TRANSPORTADOR GAS-ADR SP B
$4.6M
0.1%
320,000 +320,000 New
BELFB BEL FUSE INC-CL B
$4.6M
0.1%
175,060 Held
NVAX 3.75 02/01/23 PRN NOVAVAX INC
$4.6M
0.1%
7,495,000 −660,000 −8.1% Reduced
D 6.75 08/15/19 A DOMINION ENERGY INC
$4.6M
0.1%
97,000 +97,000 New
NAV 4.75 04/15/19 PRN NAVISTAR INTL CORP
$4.5M
0.1%
4,470,000 −595,000 −11.7% Reduced
GNC 1.5 08/15/20 PRN VITAMIN OLDCO HOLDINGS
$4.5M
0.1%
5,802,000 +5,802,000 New
EGLEEUR EAGLE BULK SHIPPING INC
$4.4M
0.1%
785,363 Held
MIC 2 10/01/23 PRN MACQUARIE INFRASTRUCTURE
$4.2M
0.1%
4,636,000 +4,636,000 New
SIGA SIGA TECHNOLOGIES INC
$4.2M
0.1%
602,886 +527,886 +703.8% Added
HCI 4.25 03/01/37 PRN HCI GROUP INC
$3.8M
0.1%
3,810,000 −1,775,000 −31.8% Reduced
STCN 5.25 03/01/19 PRN STEEL CONNECT INC
$3.7M
0.0%
3,700,000 Held
BELLATRIX EXPLORATION LTD
$3.5M
0.0%
3,350,000 −400,000 −10.7% Reduced
CSIQ 4.25 02/15/19 PRN CANADIAN SOLAR INC
$3.4M
0.0%
3,475,000 −3,840,000 −52.5% Reduced
CLF 1.5 01/15/25 PRN CLEVELAND-CLIFFS INC
$3.4M
0.0%
2,075,000 −2,245,000 −52.0% Reduced
OCSI OAKTREE STRATEGIC INCOME COR
$3.4M
0.0%
392,000 Held
SPWR 4 01/15/23 PRN SUNPOWER CORP
$3.2M
0.0%
3,749,000 −1,254,000 −25.1% Reduced
QGEN 0.375 03/19/19 PRN QIAGEN NV
$2.9M
0.0%
2,200,000 +2,200,000 New
GEENQ 2.75 02/15/35 PRN EEG GLIDER INC
$2.6M
0.0%
3,375,000 +3,375,000 New
VGR V1.75 04/15/20 PRN VECTOR GROUP LTD
$2.6M
0.0%
2,445,000 +2,445,000 New
MBTGBP MOBILE TELESYSTEMS-SP ADR
$2.5M
0.0%
298,500 Held
HASI 4.125 09/01/22 PRN HANNON ARMSTRONG SUSTAIN
$2.3M
0.0%
2,339,000 +2,339,000 New
CAPITAL PRODUCT PARTNERS LP
$2.3M
0.0%
819,228 Held
FPI FARMLAND PARTNERS INC
$2.2M
0.0%
322,142 +322,142 New
XOGEUR EXTRACTION OIL & GAS INC
$1.9M
0.0%
172,787 Held
PVGCN 2.25 03/15/22 PRN PRETIUM RESOURCES INC
$1.8M
0.0%
1,990,000 +1,990,000 New
MPOUSD AMPLIFY ENERGY CORP
$1.7M
0.0%
190,307 Held
BELFA BEL FUSE INC-CL A
$1.6M
0.0%
71,613 +50,751 +243.3% Added
SD SANDRIDGE ENERGY INC
$1.5M
0.0%
135,000 Held
FSC1EUR OAKTREE SPECIALTY LENDING CO
$1.4M
0.0%
276,000 Held
TCPC 4.625 03/01/22 PRN BLACKROCK TCP CAP CORP
$1.3M
0.0%
1,290,000 +1,290,000 New
INDA ISHARES MSCI INDIA ETF
$1.0M
0.0%
31,700 −900 −2.8% Reduced
UPL1EUR ULTRA PETROLEUM CORP
$766K
0.0%
683,632 −24,827 −3.5% Reduced
TSLAEN 1.625 11/01/19 PRN TESLA ENERGY OPERATIONS
$739K
0.0%
844,000 +844,000 New
CMLSQ CUMULUS MEDIA INC-CL A
$716K
0.0%
42,075 +42,075 New

Sold positions

49 closed in Q3 2018 · shares & value as of prior filing
Holding Shares sold Prior value
SPY SS SPDR S&P 500 ETF TRUST-US
2,306,500 $625.7M
TORM PLC
47,600,172 $375.2M
SMH VANECK SEMICONDUCTOR ETF
700,000 $71.9M
CRK 9.5 06/15/20 * PRN COMSTOCK RESOURCES INC
39,145,029 $38.8M
TSLA 1.25 03/01/21 PRN TESLA INC
31,000,000 $35.0M
OCEAN RIG UDW INC
1,100,000 $32.4M
NATIONSTAR MORTGAGE HOLDINGS INC
1,810,000 $31.7M
RIG 0.5 01/30/23 PUTPRN TRANSOCEAN INC
18,500,000 $26.4M
SLAB 1.375 03/01/22 CALLPRN SILICON LABORATORIES INC
20,794,000 $25.5M
MCHP 1.625 02/15/27 PRN MICROCHIP TECHNOLOGY INC
21,725,000 $25.4M
VER 3 08/01/18 PRN VEREIT INC
24,943,000 $25.0M
ON 1 12/01/20 PRN ON SEMICONDUCTOR CORP
16,825,000 $22.2M
Z 2 12/01/21 PRN ZILLOW INC
16,390,000 $20.8M
AABA 0 12/01/18 PRN ALTABA INC
14,921,000 $20.4M
CRK 7.75 04/01/19 * PRN COMSTOCK RESOURCES INC
19,522,878 $19.2M
WAYFAIR INC PRN
14,500,000 $18.7M
WEB 1 08/15/18 PRN WEB.COM GROUP INC
18,181,000 $18.2M
RYAM RAYONIER ADVANCED MATERIALS
1,000,000 $17.1M
ASRT 2.5 09/01/21 PRN ASSERTIO THERAPEUTICS IN
19,020,000 $15.6M
NICEIT 1.25 01/15/24 PRN NICE SYSTEMS INC
11,264,000 $15.0M
PANW 0 07/01/19 PRN PALO ALTO NETWORKS
7,835,000 $14.6M
NEE 6.371 09/01/18 NEXTERA ENERGY INC
193,500 $14.4M
ILMN 0.5 06/15/21 PRN ILLUMINA INC
10,500,000 $13.9M
PDCE 1.125 09/15/21 PRN PDC ENERGY INC
12,835,000 $13.5M
IDTI 0.875 11/15/22 PRN INTEGRATED DEVICE TECH
11,125,000 $12.7M
TSLAEN 1.625 11/01/19 PUTPRN TESLA ENERGY OPERATIONS
13,424,000 $12.5M
NCMIEUR NATIONAL CINEMEDIA INC
1,300,000 $10.9M
BMRN 0.75 10/15/18 PRN BIOMARIN PHARMACEUTICAL
9,650,000 $10.3M
CKH 3.25 05/15/30 PRN SEACOR HOLDINGS INC
9,664,000 $9.9M
NVRO 1.75 06/01/21 PRN NEVRO CORP
9,000,000 $9.8M
IFXGR 4.5 01/15/22 PRN CYPRESS SEMICONDUCTOR CO
6,955,000 $9.2M
MU 3 11/15/43 G PRN MICRON TECHNOLOGY INC
5,000,000 $9.0M
QIAGEN NV PRN
7,000,000 $9.0M
FLXN 3.375 05/01/24 PRN FLEXION THERAPEUTICS INC
6,845,000 $8.4M
ANIP 3 12/01/19 PRN ANI PHARMACEUTICALS INC
6,857,000 $7.8M
PFPT 0.75 06/15/20 PRN PROOFPOINT INC
5,109,000 $7.5M
QDEL 3.25 12/15/20 PRN QUIDEL CORP
3,083,000 $6.6M
BRS 4.5 06/01/23 PRN BRISTOW GROUP INC
5,644,000 $6.5M
DY 0.75 09/15/21 PRN DYCOM INDUSTRIES INC
4,956,000 $5.8M
TCOM 1.99 07/01/25 PRN TRIP.COM GROUP LTD
5,000,000 $5.7M
ANW 4.25 12/15/21 PRN AEGEAN MARINE PETROLEUM
15,121,000 $5.3M
NBR 6 05/01/21 A NABORS INDUSTRIES LTD
110,000 $5.1M
WPX 6.25 07/31/18 A WPX ENERGY INC
60,000 $4.5M
CARB 2.5 04/01/22 PRN CARBONITE INC
2,985,000 $4.4M
NSLR 5.25 09/15/18 PRN GSV CAPITAL CORP
4,040,000 $4.1M
STNG 3 05/15/22 PRN SCORPIO TANKERS INC
4,000,000 $4.1M
VECO 2.7 01/15/23 PRN VEECO INSTRUMENTS INC
3,460,000 $3.1M
ABR 5.375 11/15/20 PRN ARBOR REALTY TRUST INC
1,327,000 $1.5M
BMA BANCO MACRO SA-ADR
22,306 $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.