whalepapers
Overview/ Oaktree Capital Management LP/ Q4 2017

Oaktree Capital Management LP

Howard Marks & Bruce Karsh · As of Q4 2017 · filed Feb 14, 2018

Q4 2017

Holdings

203 positions · Δ vs prior quarter
VST VISTRA CORP
$921.1M
14.4%
50,280,227 Held
SBLK STAR BULK CARRIERS CORP
$366.8M
5.7%
32,579,506 Held
TRCO TRIBUNE MEDIA CO - A
$305.1M
4.8%
7,184,998 −7,000,000 −49.3% Reduced
ALLY ALLY FINANCIAL INC
$284.6M
4.5%
9,760,000 −133,300 −1.3% Reduced
TSM TAIWAN SEMICONDUCTOR-SP ADR
$141.4M
2.2%
3,566,356 −481,144 −11.9% Reduced
ITUB ITAU UNIBANCO H-SPON PRF ADR
$120.1M
1.9%
9,234,691 −5,448 −0.1% Reduced
VALE VALE SA-SP ADR
$115.1M
1.8%
9,411,396 +373,403 +4.1% Added
DYNEGY INC
$99.8M
1.6%
8,424,322 Held
NMIH NMI HOLDINGS INC
$96.6M
1.5%
5,681,992 −134,451 −2.3% Reduced
GENER8 MARITIME INC
$86.5M
1.4%
13,062,118 Held
IBN ICICI BANK LTD-SPON ADR
$85.7M
1.3%
8,804,316 +1,136,986 +14.8% Added
BABA ALIBABA GROUP HOLDING-SP ADR
$84.7M
1.3%
491,227 −191,118 −28.0% Reduced
AABAUSD ALTABA INC
$74.2M
1.2%
1,061,588 −2,050,000 −65.9% Reduced
XHB PUT SS SPDR S&P HOMEBLDRS ETF
$66.7M
1.0%
250,000 −750,000 −75.0% Reduced
STKL SUNOPTA INC
$62.7M
1.0%
8,092,699 +3,700,000 +84.2% Added
AKAM 0 02/15/19 PRN AKAMAI TECHNOLOGIES INC
$61.9M
1.0%
61,389,000 +51,753,000 +537.1% Added
CTXS 0.5 04/15/19 PRN CITRIX SYSTEMS INC
$60.4M
0.9%
46,643,000 +35,981,000 +337.5% Added
PBR/A PETROLEO BRASIL-SP PREF ADR
$57.8M
0.9%
5,880,090 +74,227 +1.3% Added
CCS CENTURY COMMUNITIES INC
$56.6M
0.9%
1,819,003 +350,000 +23.8% Added
ACR 4.5 08/15/22 PRN ACRES COMMERCIAL REALTY
$55.3M
0.9%
58,335,000 −160,000 −0.3% Reduced
ILMN 0 06/15/19 PRN ILLUMINA INC
$53.6M
0.8%
49,210,000 +9,085,000 +22.6% Added
VRSUSD VERSO CORP - A
$48.0M
0.8%
2,730,388 −191,583 −6.6% Reduced
FBP FIRST BANCORP PUERTO RICO
$47.6M
0.7%
9,334,725 −700,000 −7.0% Reduced
CCI 6.875 08/01/20 A CROWN CASTLE INTL CORP
$47.6M
0.7%
42,009 +12,009 +40.0% Added
BDX 6.125 05/01/20 A BECTON DICKINSON AND CO
$47.4M
0.7%
819,220 −47,250 −5.5% Reduced
INFY INFOSYS LTD-SP ADR
$46.5M
0.7%
2,866,600 +2,834,899 +8942.6% Added
P5Y BRF SA-ADR
$44.8M
0.7%
3,977,774 +914,776 +29.9% Added
SPY PUT SS SPDR S&P 500 ETF TRUST-US
$44.3M
0.7%
1,000,000 +957,000 +2225.6% Added
AABA 0 12/01/18 PRN ALTABA INC
$43.8M
0.7%
32,421,000 −23,450,000 −42.0% Reduced
ARI 4.75 08/23/22 PRN APOLLO CMMRL REAL EST FI
$43.6M
0.7%
42,850,000 +24,880,000 +138.5% Added
BXMT 4.375 05/05/22 PRN BLACKSTONE MORTGAGE TR
$43.4M
0.7%
42,570,000 +5,010,000 +13.3% Added
ELV 5.25 05/01/18 ANTHEM INC
$42.8M
0.7%
764,930 +168,400 +28.2% Added
ON 1 12/01/20 PRN ON SEMICONDUCTOR CORP
$42.3M
0.7%
33,025,000 −26,530,000 −44.5% Reduced
WFC 7.5 PERP L WELLS FARGO & COMPANY
$42.0M
0.7%
32,077 +1,418 +4.6% Added
DY 0.75 09/15/21 PRN DYCOM INDUSTRIES INC
$40.9M
0.6%
31,221,000 +27,667,000 +778.5% Added
LYV 2.5 05/15/19 PRN LIVE NATION ENTERTAINMEN
$37.9M
0.6%
29,251,000 −5,956,000 −16.9% Reduced
MDRX 1.25 07/01/20 PRN ALLSCRIPTS HEALTHCARE SO
$37.8M
0.6%
35,233,000 +5,745,000 +19.5% Added
CRK 9.5 06/15/20 * PRN COMSTOCK RESOURCES INC
$36.5M
0.6%
39,279,264 +3,781,160 +10.7% Added
ABEV AMBEV SA-ADR
$35.6M
0.6%
5,508,041 +41,256 +0.8% Added
ACR 6 12/01/18 PRN EXANTAS CAPITAL CORP
$35.5M
0.6%
34,928,000 −350,000 −1.0% Reduced
NATIONSTAR MORTGAGE HOLDINGS INC
$35.3M
0.6%
1,909,645 +100,354 +5.5% Added
IFXGR 4.5 01/15/22 PRN CYPRESS SEMICONDUCTOR CO
$34.6M
0.5%
26,316,000 −2,682,000 −9.2% Reduced
AU3EUR ANGLOGOLD ASHANTI-SPON ADR
$34.3M
0.5%
3,370,322 +133,281 +4.1% Added
CKH 3 11/15/28 PRN SEACOR HOLDINGS INC
$32.2M
0.5%
33,867,000 +3,470,000 +11.4% Added
IONS 1 11/15/21 PRN IONIS PHARMACEUTICALS IN
$32.1M
0.5%
30,365,000 +3,170,000 +11.7% Added
KBH 1.375 02/01/19 PRN KB HOME
$31.9M
0.5%
25,945,000 +6,270,000 +31.9% Added
RYAM RAYONIER ADVANCED MATERIALS
$31.9M
0.5%
1,557,493 +1,557,493 New
CEO CNOOC LTD-SPON ADR
$31.7M
0.5%
220,967 −2,104 −0.9% Reduced
IDTI 0.875 11/15/22 PRN INTEGRATED DEVICE TECH
$31.0M
0.5%
27,725,000 −2,555,000 −8.4% Reduced
BMRN 1.5 10/15/20 PRN BIOMARIN PHARMACEUTICAL
$30.8M
0.5%
25,915,000 +15,915,000 +159.1% Added
NEE 6.123 09/01/19 NEXTERA ENERGY INC
$30.6M
0.5%
543,715 −36,810 −6.3% Reduced
HLF 2 08/15/19 PRN HERBALIFE LTD
$30.4M
0.5%
30,185,000 −1,470,000 −4.6% Reduced
CX CEMEX SAB-SPONS ADR PART CER
$29.9M
0.5%
3,990,115 −1,464,531 −26.8% Reduced
MX MAGNACHIP SEMICONDUCTOR CORP
$29.9M
0.5%
3,000,000 +660,000 +28.2% Added
CTRPUSD CTRIP.COM INTERNATIONAL-ADR
$28.8M
0.5%
653,202 +368,136 +129.1% Added
TV GRUPO TELEVISA SA-SPON ADR
$28.6M
0.4%
1,529,453 +1,529,453 New
PMT 5.375 05/01/20 PRN PENNYMAC CORP
$28.4M
0.4%
28,732,000 +2,305,000 +8.7% Added
AZUL SA
$27.8M
0.4%
1,168,341 +13,600 +1.2% Added
SWK 5.375 05/15/20 STANLEY BLACK & DECKER I
$27.7M
0.4%
225,715 −17,385 −7.2% Reduced
PANW 0 07/01/19 PRN PALO ALTO NETWORKS
$26.8M
0.4%
19,535,000 −1,465,000 −7.0% Reduced
WFRD 5.875 07/01/21 PRN WEATHERFORD INTL LTD
$26.6M
0.4%
24,500,000 −3,000,000 −10.9% Reduced
HURN 1.25 10/01/19 PRN HURON CONSULTING GROUP I
$26.3M
0.4%
28,161,000 +6,188,000 +28.2% Added
SSRMCN 2.875 02/01/33 PRN SSR MINING INC
$26.0M
0.4%
26,482,000 −2,115,000 −7.4% Reduced
TWTR 0.25 09/15/19 PRN TWITTER INC
$25.9M
0.4%
27,030,000 +2,200,000 +8.9% Added
VER 3 08/01/18 PRN VEREIT INC
$25.4M
0.4%
25,360,000 +8,360,000 +49.2% Added
NCMIEUR NATIONAL CINEMEDIA INC
$24.9M
0.4%
3,625,000 Held
AMT 5.5 02/15/18 AMERICAN TOWER CORP
$24.8M
0.4%
197,196 −13,365 −6.3% Reduced
STONEMOR PARTNERS LP
$24.6M
0.4%
3,750,000 +2,225,000 +145.9% Added
HZNP 2.5 03/15/22 PRN HORIZON PHARMA INV LTD
$24.4M
0.4%
26,127,000 +18,730,000 +253.2% Added
MARRIOTT VACATIONS WORLDWIDE CORP PRN
$24.3M
0.4%
21,620,000 +6,525,000 +43.2% Added
GMED 2.25 03/15/21 PRN NUVASIVE INC
$24.1M
0.4%
20,500,000 +20,500,000 New
PEGI 4 07/15/20 PRN PATTERN ENERGY GROUP INC
$24.1M
0.4%
23,665,000 +3,415,000 +16.9% Added
HWM 1.625 10/15/19 PRN ARCONIC INC
$23.9M
0.4%
20,830,000 −15,835,000 −43.2% Reduced
PRAA 3 08/01/20 PRN PRA GROUP INC
$22.8M
0.4%
23,776,000 +9,030,000 +61.2% Added
ICPT 3.25 07/01/23 PRN INTERCEPT PHARMAS
$22.7M
0.4%
28,415,000 +28,415,000 New
ENERGY XXI GULF COAST INC
$22.4M
0.4%
3,910,545 Held
INVA 2.125 01/15/23 PRN INNOVIVA INC
$21.8M
0.3%
21,950,000 −3,340,000 −13.2% Reduced
SFL 5.75 10/15/21 PRN SFL CORP LTD
$21.8M
0.3%
20,295,000 +4,260,000 +26.6% Added
OCEAN RIG UDW INC
$21.3M
0.3%
794,183 Held
TCOM 1.25 09/15/22 PRN TRIP.COM GROUP LTD
$21.2M
0.3%
20,670,000 −24,855,000 −54.6% Reduced
MU 3 11/15/43 G PRN MICRON TECHNOLOGY INC
$20.8M
0.3%
14,381,000 −29,423,000 −67.2% Reduced
BKD 2.75 06/15/18 PRN BROOKDALE SENIOR LIVING
$20.7M
0.3%
20,722,000 +2,772,000 +15.4% Added
PODD 1.25 09/15/21 PRN INSULET CORPORATION
$20.7M
0.3%
15,800,000 +15,800,000 New
RWT 5.625 11/15/19 PRN RWT HOLDINGS INC
$20.4M
0.3%
20,189,000 +378,000 +1.9% Added
D 6.75 08/15/19 A DOMINION ENERGY INC
$19.7M
0.3%
381,800 −22,200 −5.5% Reduced
NAV 4.75 04/15/19 PRN NAVISTAR INTL CORP
$19.5M
0.3%
17,980,000 +10,310,000 +134.4% Added
SMH PUT VANECK SEMICONDUCTOR ETF
$19.3M
0.3%
197,000 +197,000 New
DYN 7 07/01/19 VISTRA ENERGY CORP
$19.2M
0.3%
242,400 +46,900 +24.0% Added
CRK 7.75 04/01/19 * PRN COMSTOCK RESOURCES INC
$19.2M
0.3%
20,719,978 +772,947 +3.9% Added
EZPW 2.125 06/15/19 PRN EZCORP INC
$18.3M
0.3%
17,705,000 +865,000 +5.1% Added
GPMT 5.625 12/01/22 PRN GRANITE POINT MTGE TRST
$18.1M
0.3%
18,100,000 +18,100,000 New
FRGIUSD FIESTA RESTAURANT GROUP
$18.1M
0.3%
950,000 +673,286 +243.3% Added
HASI 4.125 09/01/22 PRN HANNON ARMSTRONG SUSTAIN
$17.8M
0.3%
17,245,000 +1,535,000 +9.8% Added
ENV 1.75 12/15/19 PRN ENVESTNET INC
$17.7M
0.3%
17,032,000 −1,195,000 −6.6% Reduced
TWO 6.25 01/15/22 PRN TWO HARBORS INV CORP
$17.5M
0.3%
16,520,000 +4,390,000 +36.2% Added
CHRD 2.625 09/15/23 PRN OASIS PETROLEUM INC
$17.4M
0.3%
16,105,000 +6,105,000 +61.1% Added
GECBLE 4.5 11/15/29 PRN GENERAL CABLE CORP
$17.3M
0.3%
16,285,000 −28,985,000 −64.0% Reduced
ADAM 6.25 01/15/22 PRN NEW YORK MORTGAGE TRUST
$17.2M
0.3%
16,780,000 +335,000 +2.0% Added
CEMEX 3.72 03/15/20 * PRN CEMEX SAB DE CV
$17.1M
0.3%
16,500,000 −67,665,000 −80.4% Reduced
DBRG 3.875 01/15/21 PRN COLONY CAPITAL INC
$16.6M
0.3%
16,638,000 +7,078,000 +74.0% Added
CAMP 1.625 05/15/20 PRN CALAMP CORP
$16.2M
0.3%
15,230,000 −770,000 −4.8% Reduced
ECPG 3 07/01/20 PRN ENCORE CAPITAL GROUP INC
$16.0M
0.3%
14,396,000 −3,800,000 −20.9% Reduced
CSGS 4.25 03/15/36 PRN CSG SYSTEMS INTERNATIONA
$15.8M
0.2%
14,501,000 +10,343,000 +248.7% Added
IPXL 2 06/15/22 PRN IMPAX LABORATORIES LLC
$15.4M
0.2%
15,750,000 −2,110,000 −11.8% Reduced
MATLIN AND PARTNERS ACQUISITION CORP
$15.1M
0.2%
1,500,000 Held
LMCA 1.375 10/15/23 PRN LIBERTY MEDIA CORP
$14.9M
0.2%
12,874,000 −639,000 −4.7% Reduced
VRNT 1.5 06/01/21 PRN VERINT SYSTEMS INC
$14.8M
0.2%
15,190,000 +10,290,000 +210.0% Added
WPX 6.25 07/31/18 A WPX ENERGY INC
$14.7M
0.2%
238,100 −11,900 −4.8% Reduced
ANIP 3 12/01/19 PRN ANI PHARMACEUTICALS INC
$14.7M
0.2%
12,719,000 +12,719,000 New
HLX 3.25 03/15/32 PRN HELIX ENERGY SOLUTIONS
$14.1M
0.2%
14,095,000 +260,000 +1.9% Added
NBIS 1.125 12/15/18 PRN YANDEX NV
$14.0M
0.2%
14,138,000 +6,311,000 +80.6% Added
VGR V1.75 04/15/20 PRN VECTOR GROUP LTD
$13.8M
0.2%
11,945,000 −570,000 −4.6% Reduced
BATRKUSD LIBERTY MEDIA CORP-BRAVES C
$13.6M
0.2%
613,717 −354,361 −36.6% Reduced
BAC 7.25 PERP L BANK OF AMERICA CORP
$13.6M
0.2%
10,300 +4,300 +71.7% Added
COWN 3 03/15/19 PRN COWEN INC
$13.3M
0.2%
13,020,000 +3,840,000 +41.8% Added
TITN 3.75 05/01/19 PRN TITAN MACHINERY INC
$13.3M
0.2%
13,337,000 +1,030,000 +8.4% Added
Z 2 12/01/21 PRN ZILLOW INC
$13.3M
0.2%
12,120,000 +12,120,000 New
QDEL 3.25 12/15/20 PRN QUIDEL CORP
$13.0M
0.2%
8,593,000 −1,589,000 −15.6% Reduced
TSLAEN 1.625 11/01/19 PRN TESLA ENERGY OPERATIONS
$12.7M
0.2%
13,650,000 −13,015,000 −48.8% Reduced
NEE 6.371 09/01/18 NEXTERA ENERGY INC
$12.6M
0.2%
181,500 +181,500 New
TEVA 0.25 02/01/26 C PRN TEVA PHARM FIN CO LLC
$12.6M
0.2%
14,305,000 +14,305,000 New
ECHO 2.5 05/01/20 PRN ECHO GLOBAL LOGISTICS
$12.6M
0.2%
12,135,000 +5,649,000 +87.1% Added
SPWR 4 01/15/23 PRN SUNPOWER CORP
$12.6M
0.2%
14,697,000 −3,380,000 −18.7% Reduced
TSLX 4.5 12/15/19 PRN TPG SPECIALTY LENDING IN
$12.6M
0.2%
12,163,000 +580,000 +5.0% Added
BKNG 0.9 09/15/21 PRN BOOKING HOLDINGS INC
$12.5M
0.2%
10,671,000 −33,178,000 −75.7% Reduced
CSIQ 4.25 02/15/19 PRN CANADIAN SOLAR INC
$12.4M
0.2%
12,705,000 +955,000 +8.1% Added
WLL 1.25 04/01/20 PRN WHITING PETROLEUM CORP
$12.4M
0.2%
13,432,000 +7,050,000 +110.5% Added
LNG 4.25 03/15/45 PRN CHENIERE ENERGY INC
$12.3M
0.2%
17,219,000 −595,000 −3.3% Reduced
TSQ TOWNSQUARE MEDIA INC - CL A
$12.3M
0.2%
1,595,224 Held
TPC 2.875 06/15/21 PRN TUTOR PERINI CORP
$11.8M
0.2%
10,625,000 −2,465,000 −18.8% Reduced
WMC 6.75 10/01/22 PRN WESTERN ASSET MTGE CAP
$11.8M
0.2%
11,873,000 +1,473,000 +14.2% Added
ACOR 1.75 06/15/21 PRN ACORDA THERAPEUTICS INC
$11.7M
0.2%
13,785,000 −1,905,000 −12.1% Reduced
PFPT 0.75 06/15/20 PRN PROOFPOINT INC
$11.7M
0.2%
9,332,000 −3,668,000 −28.2% Reduced
ABR 5.375 11/15/20 PRN ARBOR REALTY TRUST INC
$11.7M
0.2%
11,480,000 +11,480,000 New
NMFC 5 06/15/19 PRN NEW MOUNTAIN FINANCE COR
$11.3M
0.2%
11,005,000 +1,505,000 +15.8% Added
HLX 4.25 05/01/22 PRN HELIX ENERGY SOLUTIONS
$10.8M
0.2%
10,825,000 +3,885,000 +56.0% Added
SRC 2.875 05/15/19 PRN SPIRIT REALTY CAPITAL IN
$10.3M
0.2%
10,238,000 +10,238,000 New
FOR 3.75 03/01/20 PRN FORESTAR GROUP INC
$10.2M
0.2%
10,018,000 +5,618,000 +127.7% Added
ECPG 2.875 03/15/21 PRN ENCORE CAPITAL GROUP INC
$9.9M
0.2%
10,141,000 −5,790,000 −36.3% Reduced
IRWD 2.25 06/15/22 PRN IRONWOOD PHARMACEUTICALS
$9.7M
0.2%
8,310,000 +2,426,000 +41.2% Added
BMRN 0.75 10/15/18 PRN BIOMARIN PHARMACEUTICAL
$9.5M
0.1%
8,786,000 −9,015,000 −50.6% Reduced
VSH VISHAY INTERTECHNOLOGY INC
$9.4M
0.1%
455,000 −425,000 −48.3% Reduced
BKCC 5 06/15/22 PRN BLACKROCK CAPITAL INVEST
$9.4M
0.1%
9,015,000 −4,525,000 −33.4% Reduced
TER 1.25 12/15/23 PRN TERADYNE INC
$9.3M
0.1%
6,538,000 +6,538,000 New
STCN 5.25 03/01/19 PRN STEEL CONNECT INC
$9.0M
0.1%
9,020,000 −5,100,000 −36.1% Reduced
ARRY 2.625 12/01/24 PRN ARRAY BIO INC
$9.0M
0.1%
8,000,000 +8,000,000 New
ARCC 4.375 01/15/19 PRN ARES CAPITAL CORP
$8.7M
0.1%
8,476,000 +8,476,000 New
COVPHA 3.25 06/01/22 PRN COVIS FINCO SARL
$8.6M
0.1%
10,030,000 −3,970,000 −28.4% Reduced
NAV 4.5 10/15/18 PRN NAVISTAR INTL CORP
$8.2M
0.1%
7,915,000 +2,265,000 +40.1% Added
LIBERTY VENTURES
$8.1M
0.1%
150,000 −150,000 −50.0% Reduced
TCPC 5.25 12/15/19 PRN BLACKROCK TCP CAP CORP
$7.7M
0.1%
7,356,000 Held
HCI 3.875 03/15/19 PRN HCI GROUP INC
$7.6M
0.1%
7,750,000 −1,250,000 −13.9% Reduced
PTCT 3 08/15/22 PRN PTC THERAPEUTICS INC
$7.4M
0.1%
9,510,000 −845,000 −8.2% Reduced
SCMP 3.25 12/15/21 PRN SUCAMPO PHARMACEUTICALS
$7.4M
0.1%
6,045,000 +6,045,000 New
WAYFAIR INC PRN
$7.3M
0.1%
7,000,000 −13,000,000 −65.0% Reduced
PDLI 4 02/01/18 PRN PDL BIOPHARMA INC
$7.3M
0.1%
7,287,000 +2,347,000 +47.5% Added
UPL1EUR ULTRA PETROLEUM CORP
$7.1M
0.1%
788,166 Held
MTG MGIC INVESTMENT CORP
$7.1M
0.1%
500,000 −765,000 −60.5% Reduced
PDCE 1.125 09/15/21 PRN PDC ENERGY INC
$7.0M
0.1%
7,140,000 +7,140,000 New
AJRD 2.25 12/15/23 PRN AEROJET ROCKETDYNE HLDG
$6.8M
0.1%
4,895,000 +4,895,000 New
VEON LTD
$6.4M
0.1%
1,678,900 Held
BELLATRIX EXPLORATION LTD
$6.4M
0.1%
3,750,000 Held
VIAV 0.625 08/15/33 PRN VIAVI SOLUTIONS INC
$6.4M
0.1%
6,155,000 −450,000 −6.8% Reduced
PSEC 4.75 04/15/20 PRN PROSPECT CAPITAL CORP
$6.3M
0.1%
6,299,000 +2,299,000 +57.5% Added
STWD 4.375 04/01/23 PRN STARWOOD PROPERTY TRUST
$6.0M
0.1%
5,905,000 −10,595,000 −64.2% Reduced
MRVL 0.75 09/01/21 PRN INPHI CORP
$6.0M
0.1%
6,000,000 +6,000,000 New
HAWK 1.5 01/15/22 PRN BLACKHAWK NETWORK HOLD
$5.9M
0.1%
5,750,000 −41,250,000 −87.8% Reduced
JAZZ 1.875 08/15/21 PRN JAZZ INVESTMENTS I LTD
$5.8M
0.1%
5,775,000 −18,493,000 −76.2% Reduced
DHT 4.5 10/01/19 PRN DHT HOLDINGS INC
$5.8M
0.1%
5,901,000 −759,000 −11.4% Reduced
NUAN 1.5 11/01/35 PRN NUANCE COMMUNICATIONS
$5.7M
0.1%
5,500,000 −3,115,000 −36.2% Reduced
EFII 0.75 09/01/19 PRN ELECTRONICS FOR IMAGING
$5.5M
0.1%
5,661,000 −16,632,000 −74.6% Reduced
VAL 3 01/31/24 PRN ENSCO JERSEY FINANCE LTD
$5.4M
0.1%
6,045,000 +6,045,000 New
NSLR 5.25 09/15/18 PRN GSV CAPITAL CORP
$5.0M
0.1%
4,960,000 Held
BRS 4.5 06/01/23 PRN BRISTOW GROUP INC
$5.0M
0.1%
4,500,000 +4,500,000 New
RGSUSD REGIS CORP
$4.9M
0.1%
321,890 Held
AAWW 2.25 06/01/22 PRN ATLAS AIR WORLDWIDE HLDG
$4.9M
0.1%
4,275,000 −11,725,000 −73.3% Reduced
PDLI 2.75 12/01/21 PRN PDL BIOPHARMA INC
$4.8M
0.1%
5,000,000 −1,665,000 −25.0% Reduced
GPRE 4.125 09/01/22 PRN GREEN PLAINS INC
$4.8M
0.1%
5,100,000 −5,630,000 −52.5% Reduced
GSBD 4.5 04/01/22 PRN GOLDMAN SACHS BDC INC
$4.8M
0.1%
4,635,000 +4,635,000 New
ENERGY TRANSFER PARTNERS LP
$4.8M
0.1%
267,000 Held
NATIONSTAR MORTGAGE HOLDINGS INC CALL
$4.6M
0.1%
250,000 +250,000 New
ASRT 2.5 09/01/21 PRN ASSERTIO THERAPEUTICS IN
$4.5M
0.1%
5,255,000 +4,000,000 +318.7% Added
SM 1.5 07/01/21 PRN SM ENERGY CO
$4.1M
0.1%
4,208,000 +4,208,000 New
BKCC 5.5 02/15/18 PRN BLACKROCK CAPITAL INVEST
$4.0M
0.1%
4,000,000 Held
MNDT 1 06/01/35 A PRN MANDIANT INC
$4.0M
0.1%
4,295,000 +4,295,000 New
IDCC 1.5 03/01/20 PRN INTERDIGITAL INC
$3.6M
0.1%
3,000,000 +3,000,000 New
EGLEEUR EAGLE BULK SHIPPING INC
$3.5M
0.1%
785,363 Held
MPOUSD AMPLIFY ENERGY CORP
$3.4M
0.1%
204,107 Held
SFLY 0.25 05/15/18 PRN SHUTTERFLY INC
$3.1M
0.0%
3,095,000 +3,095,000 New
MBTGBP MOBILE TELESYSTEMS-SP ADR
$3.0M
0.0%
298,500 Held
AAWW 1.875 06/01/24 PRN ATLAS AIR WORLDWIDE HLDG
$3.0M
0.0%
2,500,000 +2,500,000 New
XOGEUR EXTRACTION OIL & GAS INC
$2.9M
0.0%
202,787 Held
SD SANDRIDGE ENERGY INC
$2.8M
0.0%
135,000 Held
CAPITAL PRODUCT PARTNERS LP
$2.8M
0.0%
819,228 Held
PBR PETROLEO BRASILEIRO-SPON ADR
$2.5M
0.0%
246,161 Held
FSC1EUR OAKTREE SPECIALTY LENDING CO
$1.4M
0.0%
276,000 +276,000 New
ALSK 6.25 05/01/18 PRN ALASKA COMM SYSTEMS GROU
$1.3M
0.0%
1,227,000 Held
REGI 2.75 06/15/19 PRN RENEWABLE ENERGY GROUP I
$1.1M
0.0%
1,009,000 Held
INDA ISHARES MSCI INDIA ETF
$920K
0.0%
25,500 +3,300 +14.9% Added
SPPI 2.75 12/15/18 PRN SPECTRUM PHARMACEUTICALS
$744K
0.0%
400,000 −3,869,000 −90.6% Reduced
GTLS 2 08/01/18 PRN CHART INDUSTRIES INC
$566K
0.0%
565,000 −17,789,000 −96.9% Reduced
OCSI OAKTREE STRATEGIC INCOME COR
$484K
0.0%
57,600 +57,600 New
CKH 2.5 12/15/27 PRN SEACOR HOLDINGS INC
$392K
0.0%
385,000 +385,000 New

Sold positions

32 closed in Q4 2017 · shares & value as of prior filing
Holding Shares sold Prior value
TSLA 1.25 03/01/21 PRN TESLA INC
55,865,000 $63.0M
LMCA 2.25 09/30/46 PRN LIBERTY MEDIA CORP
35,118,000 $37.4M
LINTA 1.75 09/30/46 PRN LIBERTY INTERACTIVE LLC
31,320,000 $37.3M
NVRO 1.75 06/01/21 PRN NEVRO CORP
21,370,000 $25.5M
CAA 0.25 06/01/19 PRN CALATLANTIC GROUP INC
25,750,000 $24.8M
ARI 5.5 03/15/19 PRN APOLLO CMMRL REAL EST FI
17,408,000 $18.9M
AGN 5.5 03/01/18 A ALLERGAN PLC
25,296 $18.7M
JOBS 3.25 04/15/19 PRN 51JOB INC
12,435,000 $18.4M
BONANZA CREEK ENERGY INC
526,173 $17.4M
GGB GERDAU SA -SPON ADR
5,005,057 $17.2M
WMGI 2 02/15/20 PRN WRIGHT MEDICAL GROUP INC
12,450,000 $13.5M
OXSQ 7.5 11/01/17 PRN TICC CAPITAL CORP
13,000,000 $13.1M
DBRG 5 04/15/23 PRN DIGITALBRIDGE GROUP INC
12,742,000 $13.1M
KMI 9.75 10/26/18 A KINDER MORGAN INC/DELAWA
300,000 $12.8M
SMART GLOBAL HOLDINGS INC
468,185 $12.5M
STWD 3.75 10/15/17 PRN STARWOOD PROPERTY TRUST
12,040,000 $12.1M
GOGO 3.75 03/01/20 PRN GOGO INC
11,320,000 $10.3M
JEF 3.875 11/01/29 PRN JEFFERIES GROUP LLC
8,279,000 $8.3M
MHO 3 03/01/18 PRN M/I HOMES INC
6,641,000 $6.7M
ACET 2 11/01/20 PRN ACETO CORP
7,370,000 $6.6M
MCF1EUR CONTANGO OIL & GAS
1,296,813 $6.5M
SUCAMPO PHARMACEUTICALS INC PRN
6,000,000 $6.2M
POWERSHARES QQQ TRUST SERIES 1 PUT
37,000 $5.4M
RDUS 3 09/01/24 PRN RADIUS HEALTH INC
5,000,000 $5.0M
BMRN 0.599 08/01/24 PRN BIOMARIN PHARMACEUTICAL
4,953,000 $5.0M
HOV 6 12/01/17 PRN K HOVNANIAN ENTERPRISES
5,000,000 $5.0M
CITUSD CIT GROUP INC
100,000 $4.9M
RWT 4.75 08/15/23 PRN REDWOOD TRUST INC
4,000,000 $4.0M
EXR2 EXCO RESOURCES INC
2,051,579 $2.8M
NBIS NEBIUS GROUP NV
65,500 $2.2M
CATM 1 12/01/20 PRN CARDTRONICS INC
2,335,000 $2.1M
VSI 2.25 12/01/20 PRN VITAMIN SHOPPE INC
1,218,000 $904K

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.