Howard Marks - Oaktree Capital Management
As of Q2 2026, Howard Marks reported 49 long-equity positions worth $3.78B in aggregate.
It also disclosed $1.75B of put notional and $144.58M of call notional. Notional is the contracts’ face value, not the premium paid, so it is reported separately from the equity above — see the Options section below.
Copy-investor backtest
- Latest quarter
- -2.57%
- 1-year
- +42.80%
- 3-year
- +67.77%
- 5-year
- +122.77%
- 3-year vs S&P 500
- -5.47%
- 5-year vs S&P 500
- +49.09%
- 5-year top 5
- +183.78%
Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.
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Updated 2026-06-06 from SEC 13F data.
Live quotes available for 40 of 250 rows. Rows without a quote are marked unavailable.
| 1 | VST | VISTRA ENERGY CORP | 16.18% | Reduce -20.3% | 24,051,399 | $626.06M | $26.03 | No quote |
| 2 | TRMD | TORM PLC | 9.25% | - | 47,600,172 | $357.97M | $7.52 | No quote |
| 3 | ALLY | ALLY FINANCIAL INC | 7.92% | Reduce -5.0% | 11,143,541 | $306.34M | $27.49 | No quote |
| 4 | SBLK | STAR BULK CARRIERS CORP | 6.02% | Add +3.6% | 35,384,197 | $232.83M | $6.58 | No quote |
| 5 | NMIH | NMI HOLDINGS INC | 3.80% | - | 5,681,992 | $146.99M | $25.87 | No quote |
| 6 | SPY | SPDR S&P 500 ETF TRUST | 3.65% | New | 500,000 | $141.24M | $282.48 | No quote |
| 7 | CZR | CAESARS ENTERTAINMENT CORP | 3.43% | Add +52.5% | 15,250,000 | $132.52M | $8.69 | No quote |
| 8 | EGLE | EAGLE BULK SHIPPING INC | 3.16% | Add +0.6% | 26,267,467 | $122.14M | No quote | No quote |
| 9 | TSM | TAIWAN SEMICONDUCTOR-SP ADR | 3.07% | Reduce -24.6% | 2,900,352 | $118.8M | $40.96 | No quote |
| 10 | IBN | ICICI BANK LTD-SPON ADR | 3.05% | Add +9.6% | 10,313,083 | $118.19M | $11.46 | No quote |
| 11 | ITUB | ITAU UNIBANCO H-SPON PRF ADR | 2.75% | Add +9.7% | 12,064,930 | $106.29M | $8.81 | No quote |
| 12 | MU | MICRON TECHNOLOGY INC | 2.40% | New | 2,250,000 | $92.99M | $41.33 | No quote |
| 13 | INFN | INFINERA CORP | 2.35% | - | 20,975,384 | $91.03M | No quote | No quote |
| 14 | BRY | BERRY PETROLEUM CORP | 2.33% | New | 7,806,717 | $90.09M | No quote | No quote |
| 15 | PBR/A | PETROLEO BRASIL-SP PREF ADRCUSIP 71654V101 | 2.05% | Reduce -0.1% | 5,545,468 | $79.3M | No quote | No quote |
| 16 | EURN | EURONAV NV | 1.71% | Reduce -11.8% | 8,107,246 | $66.07M | No quote | No quote |
| 17 | CEO | CNOOC LTD-SPON ADR | 1.65% | Add +9.0% | 344,381 | $63.97M | No quote | No quote |
| 18 | BABA | ALIBABA GROUP HOLDING-SP ADR | 1.65% | Add +9.8% | 349,648 | $63.79M | $182.45 | No quote |
| 19 | CCS | CENTURY COMMUNITIES INC | 1.13% | - | 1,819,003 | $43.6M | $23.97 | No quote |
| 20 | AZUL | AZUL SA-ADR | 1.12% | Add +2.6% | 1,479,868 | $43.23M | No quote | No quote |
| 21 | SMCI | SUPER MICRO COMPUTER INC | 1.09% | New | 2,000,000 | $42.26M | No quote | No quote |
| 22 | AU | ANGLOGOLD ASHANTI-SPON ADR | 1.07% | Add +3.1% | 3,170,233 | $41.53M | $13.10 | No quote |
| 23 | INFY | INFOSYS LTD-SP ADR | 1.03% | Add +10.0% | 3,640,465 | $39.79M | $10.93 | No quote |
| 24 | BCEI | BONANZA CREEK ENERGY INC | 1.00% | - | 1,700,156 | $38.58M | No quote | No quote |
| 25 | AABA | ALTABA INC | 0.93% | - | 483,866 | $35.86M | No quote | No quote |
| 26 | BRFS | BRF SA-ADR | 0.90% | Add +9.9% | 5,971,024 | $34.75M | No quote | No quote |
| 27 | YUMC | YUM CHINA HOLDINGS INC | 0.86% | Reduce -17.3% | 744,536 | $33.44M | $44.91 | No quote |
| 28 | VICI | VICI PROPERTIES INC | 0.85% | Reduce -47.6% | 1,500,000 | $32.82M | $21.88 | No quote |
| 29 | WB | WEIBO CORP-SPON ADR | 0.85% | Add +22.5% | 528,618 | $32.77M | $61.99 | No quote |
| 30 | CX | CEMEX SAB-SPONS ADR PART CER | 0.76% | Add +9.9% | 6,331,930 | $29.38M | $4.64 | No quote |
| 31 | MTG | MGIC INVESTMENT CORP | 0.76% | - | 2,220,000 | $29.28M | $13.19 | No quote |
| 32 | XEC | CIMAREX ENERGY CO | 0.75% | Add +21.7% | 415,735 | $29.06M | No quote | No quote |
| 33 | STKL | SUNOPTA INC | 0.72% | - | 8,092,699 | $28M | $3.46 | No quote |
| 34 | MX | MAGNACHIP SEMICONDUCTOR CORP | 0.62% | - | 3,250,000 | $24.05M | $7.40 | No quote |
| 35 | YNDX | YANDEX NV-A | 0.59% | Add +9.9% | 660,649 | $22.69M | No quote | No quote |
| 36 | PCG | PG&E CORP | 0.56% | - | 1,215,000 | $21.63M | $17.80 | No quote |
| 37 | VRS | VERSO CORP | 0.53% | - | 961,319 | $20.59M | No quote | No quote |
| 38 | YETI | YETI HOLDINGS INC | 0.50% | - | 633,938 | $19.18M | $30.25 | No quote |
| 39 | COOP | MR COOPER GROUP INC | 0.48% | - | 1,927,544 | $18.49M | No quote | No quote |
| 40 | LRCX | LAM RESEARCH CORP | 0.46% | New | 100,000 | $17.9M | $179.01 | No quote |
| 41 | STON | STONEMOR PARTNERS LP | 0.44% | - | 4,477,857 | $16.88M | No quote | No quote |
| 42 | HK | HALCON RESOURCES CORP | 0.40% | - | 11,500,000 | $15.53M | No quote | No quote |
| 43 | TEO | TELECOM ARGENTINA SA | 0.39% | Add +11.2% | 1,044,000 | $15.24M | $14.60 | No quote |
| 44 | BDXA | BECTON DICKINSON AND CO | 0.35% | Reduce -1.6% | 221,210 | $13.67M | No quote | No quote |
| 45 | PAM | PAMPA ENERGIA SA | 0.31% | Add +30.4% | 441,500 | $12.17M | No quote | No quote |
| 46 | CTRA | CONTURA ENERGY INC | 0.30% | Reduce -43.9% | 199,560 | $11.56M | $57.92 | No quote |
| 47 | CCIPRA | CROWN CASTLE INTERNATIONAL CORP | 0.29% | Reduce -59.0% | 9,506 | $11.26M | No quote | No quote |
| 48 | NEEPRR | NEXTERA ENERGY INC | 0.28% | Reduce -63.4% | 176,390 | $10.91M | No quote | No quote |
| 49 | SREMP | SEMPRA ENERGY | 0.24% | Reduce -56.6% | 88,190 | $9.36M | No quote | No quote |
| 50 | TSQ | TOWNSQUARE MEDIA INC | 0.24% | - | 1,595,224 | $9.12M | No quote | No quote |
| 51 | TGS | TRANSPORTADORA DE GAS DEL SUR SA | 0.23% | Add +37.0% | 689,000 | $9.07M | No quote | No quote |
| 52 | GLIBA | GCI LIBERTY INC | 0.22% | - | 150,000 | $8.34M | $55.61 | No quote |
| 53 | BATRK | LIBERTY MEDIA CORP-LIBERTY BRAVES | 0.19% | Reduce -53.2% | 266,900 | $7.41M | $27.77 | No quote |
| 54 | DHRRP | DANAHER CORP | 0.19% | New | 7,000 | $7.37M | No quote | No quote |
| 55 | QTTTP | QTS REALTY TRUST INC | 0.17% | Reduce -60.0% | 61,340 | $6.66M | No quote | No quote |
| 56 | DCUD | DOMINION ENERGY INC | 0.16% | Reduce -77.5% | 120,650 | $6.02M | No quote | No quote |
| 57 | FTVVP | FORTIVE CORP | 0.15% | New | 5,500 | $5.77M | No quote | No quote |
| 58 | DTV | DTE ENERGY CO | 0.14% | Reduce -55.4% | 96,000 | $5.31M | No quote | No quote |
| 59 | BELFB | BEL FUSE INC | 0.11% | - | 175,060 | $4.43M | $25.28 | No quote |
| 60 | OIBZQ | OI SA | 0.11% | - | 2,201,646 | $4.14M | No quote | No quote |
| 61 | DYNC | VISTRA ENERGY CORP | 0.11% | Reduce -58.9% | 41,300 | $4.07M | No quote | No quote |
| 62 | WFCPRL | WELLS FARGO & CO | 0.10% | Reduce -50.6% | 2,875 | $3.72M | $1292.52 | No quote |
| 63 | SWP | STANLEY BLACK & DECKER INC | 0.09% | New | 37,500 | $3.66M | No quote | No quote |
| 64 | AEPCU | AMERICAN ELECTRIC POWER CO INC | 0.09% | New | 70,000 | $3.6M | No quote | No quote |
| 65 | VEON | VEON LTD | 0.09% | - | 1,678,900 | $3.51M | No quote | No quote |
| 66 | OCSI | OAKTREE STRATEGIC INCOME CORP | 0.08% | - | 392,000 | $3.18M | No quote | No quote |
| 67 | BACPRL | BANK OF AMERICA CORP | 0.07% | Reduce -58.3% | 1,960 | $2.55M | $1301.53 | No quote |
| 68 | NYCBPRU | NEW YORK COMMUNITY CAPITAL TRUST V | 0.06% | New | 47,149 | $2.28M | No quote | No quote |
| 69 | MBT | MOBILE TELESYSTEMS PJSC | 0.06% | - | 298,500 | $2.26M | No quote | No quote |
| 70 | FPI | FARMLAND PARTNERS INC | 0.06% | - | 350,000 | $2.24M | No quote | No quote |
| 71 | INDA | ISHARES MSCI INDIA ETF | 0.04% | Add +41.1% | 47,000 | $1.66M | $35.26 | No quote |
| 72 | BELFA | BEL FUSE INC | 0.04% | - | 71,613 | $1.53M | No quote | No quote |
| 73 | OCSL | OAKTREE SPECIALTY LENDING CORP | 0.04% | - | 276,000 | $1.43M | $5.18 | No quote |
| 74 | MPO | MIDSTATES PETROLEUM CO INC | 0.04% | Reduce -26.7% | 139,473 | $1.36M | No quote | No quote |
| 75 | CPLP | CAPITAL PRODUCT PARTNERS LP | 0.03% | Reduce -85.7% | 117,032 | $1.23M | No quote | No quote |
| 76 | SD | SANDRIDGE ENERGY INC | 0.03% | - | 135,000 | $1.08M | $8.02 | No quote |
| 77 | BXE | BELLATRIX EXPLORATION LTD | 0.03% | - | 3,350,000 | $1.08M | No quote | No quote |
| 78 | SIGA | SIGA TECHNOLOGIES INC | 0.02% | New | 159,782 | $959K | No quote | No quote |
| 79 | DSSI | DIAMOND S SHIPPING INC | 0.02% | New | 80,382 | $836K | No quote | No quote |
| 80 | XOG | EXTRACTION OIL & GAS INC | 0.02% | - | 172,787 | $731K | No quote | No quote |
| 81 | UPL | ULTRA PETROLEUM CORP | 0.01% | Reduce -7.1% | 590,799 | $361K | No quote | No quote |
| 90 | VALE | VALE SA-SP ADR | - | Sold | 0 | $0 | No quote | No quote |
| 89 | TRCO | TRIBUNE MEDIA CO | - | Sold | 0 | $0 | No quote | No quote |
| 88 | SJISU | SOUTH JERSEY INDUSTRIES INC | - | Sold | 0 | $0 | No quote | No quote |
| 87 | RDC | ROWAN COS PLC | - | Sold | 0 | $0 | No quote | No quote |
| 86 | NXPI | NXP SEMICONDUCTORS NV | - | Sold | 0 | $0 | No quote | No quote |
| 85 | NOG | NORTHERN OIL AND GAS INC | - | Sold | 0 | $0 | No quote | No quote |
| 84 | HYG | ISHARES IBOXX HIGH YIELD CORPORATE BOND ETF | - | Sold | 0 | $0 | No quote | No quote |
| 83 | IFFIU | INTERNATIONAL FLAVORS & FRAGRANCES INC | - | Sold | 0 | $0 | No quote | No quote |
| 82 | CJ | C&J ENERGY SERVICES INC | - | Sold | 0 | $0 | No quote | No quote |
Options positions
Put = right to sell at strike (a bearish bet). Call = right to buy at strike (bullish via leverage). The notional column shows the underlying market value reported to the SEC, not the option premium paid - these don't add to the long-equity % portfolio above.
Other instruments
Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.
| 1 | ACR 4.5 08/15/22 | EXANTAS CAPITAL CORPCV SR UNSEC NT | OTHER | 54,185,000 | $53.31M |
| 2 | - | WEATHERFORD INTERNATIONAL LTDCV SR UNSEC NT | OTHER | 59,790,000 | $48.58M |
| 3 | PMT 5.375 05/01/20 | PENNYMAC CORPCV SR UNSEC NT REIT | OTHER | 33,921,000 | $34.08M |
| 4 | HURN | HURON CONSULTING GROUP INCCV SR UNSEC NT | OTHER | 29,132,000 | $28.76M |
| 5 | DISH 3.375 08/15/26 | DISH NETWORK CORPCV SR UNSEC NT | OTHER | 32,291,000 | $27.51M |
| 6 | WLL 1.25 04/01/20 | WHITING PETROLEUM CORPCV SR UNSEC NT | OTHER | 28,150,000 | $27.28M |
| 7 | PRAA 3 08/01/20 | PRA GROUP INCCV SR UNSEC NT | OTHER | 27,068,000 | $26.2M |
| 8 | CATM 1 12/01/20 | CARDTRONICS INCCV SR UNSEC NT | OTHER | 26,161,000 | $25.98M |
| 9 | DBRG 3.875 01/15/21 | COLONY CAPITAL INCCV SR UNSEC NT REIT PNC | OTHER | 27,018,000 | $25.84M |
| 10 | Z 1.5 07/01/23 | ZILLOW GROUP INCCV SR UNSEC NT PNC | OTHER | 21,554,000 | $22.1M |
| 11 | PEGI 4 07/15/20 | PATTERN ENERGY GROUP INCCV SR UNSEC NT | OTHER | 21,410,000 | $21.56M |
| 12 | - | REDWOOD TRUST INCCV SR UNSEC NT | OTHER | 20,972,000 | $21.16M |
| 13 | TWTR 1 09/15/21 | TWITTER INCCV SR UNSEC NT | OTHER | 21,381,000 | $21.08M |
| 14 | ASRT 2.5 09/01/21 | ASSERTIO THERAPEUTICS INCCV SR UNSEC NT PNC | OTHER | 26,583,000 | $20.49M |
| 15 | Z 1.5 07/01/23 | ZILLOW GROUP INCCV SR UNSEC NT PNC | OTHER | 22,227,000 | $20.36M |
| 16 | GPRE 4.125 09/01/22 | GREEN PLAINS INCCV SR UNSEC NT PNC | OTHER | 21,116,000 | $20.26M |
| 17 | CKH 3 11/15/28 | SEACOR HOLDINGS INCCV SR UNSEC NT CPDI | OTHER | 20,169,000 | $19.76M |
| 18 | MIC 2 10/01/23 | MACQUARIE INFRASTRUCTURE CORPCV SR UNSEC NT | OTHER | 21,660,000 | $19.14M |
| 19 | ECPG 2.875 03/15/21 | ENCORE CAPITAL GROUP INCCV SR UNSEC NT | OTHER | 20,474,000 | $18.92M |
| 20 | HTGC 4.375 02/01/22 | HERCULES CAPITAL INCCV SR UNSEC NT | OTHER | 19,041,000 | $18.64M |
| 21 | NYMT 6.25 01/15/22 | NEW YORK MORTGAGE TRUST INCCV SR UNSEC NT | OTHER | 18,247,000 | $18.28M |
| 22 | ARI 4.75 08/23/22 | APOLLO COMMERCIAL REAL ESTATE FINANCE INCCV SR UNSEC NT | OTHER | 18,143,000 | $17.74M |
| 23 | PATK 1 02/01/23 | PATRICK INDUSTRIES INCCV SR UNSEC NT | OTHER | 19,754,000 | $17.73M |
| 24 | SCTY | SOLARCITY CORPCV SR UNSEC NT | OTHER | 18,289,000 | $17.71M |
| 25 | ILMN 0.5 06/15/21 | ILLUMINA INCCV SR UNSEC NT | OTHER | 12,500,000 | $16.96M |
| 26 | FOR 3.75 03/01/20 | FORESTAR GROUP INCCV SR UNSEC NT | OTHER | 16,600,000 | $16.58M |
| 27 | - | ENSCO JERSEY FINANCE LTDCV SR UNSEC NT | OTHER | 21,007,000 | $16.26M |
| 28 | TCOM 1 07/01/20 | CTRIP.COM INTERNATIONAL LTDCV SR UNSEC NT | OTHER | 15,776,000 | $16.05M |
| 29 | VECO 2.7 01/15/23 | VEECO INSTRUMENTS INCCV SR UNSEC NT PNC | OTHER | 18,031,000 | $15.47M |
| 30 | MCHP 1.625 02/15/27 | MICROCHIP TECHNOLOGY INCCV SR SUB NT | OTHER | 13,500,000 | $14.85M |
| 31 | ACOR | ACORDA THERAPEUTICS INCCV SR UNSEC NT PNC | OTHER | 16,632,000 | $14.76M |
| 32 | SSRMCN 2.875 02/01/33 | SSR MINING INCCV SR UNSEC NT PNC | OTHER | 14,141,000 | $14.21M |
| 33 | - | BLACKSTONE MORTGAGE TRUST INCCV SR UNSEC NT | OTHER | 13,981,000 | $14.16M |
| 34 | ECHO 2.5 05/01/20 | ECHO GLOBAL LOGISTICS INCCV SR UNSEC NT | OTHER | 13,810,000 | $13.76M |
| 35 | - | NEW MOUNTAIN FINANCE CORPCV SR UNSEC NT | OTHER | 13,513,000 | $13.55M |
| 36 | DISH 2.375 03/15/24 | DISH NETWORK CORPCV SR UNSEC NT | OTHER | 15,890,000 | $13.17M |
| 37 | QGEN 1 11/13/24 | QIAGEN NVCV SR UNSEC NT REG S | OTHER | 12,000,000 | $13.11M |
| 38 | ON 1 12/01/20 | ON SEMICONDUCTOR CORPCV SR UNSEC NT | OTHER | 10,500,000 | $13M |
| 39 | TEVA 0.25 02/01/26 C | TEVA PHARMACEUTICAL FINANCE CO LLCCV SR UNSEC NT | OTHER | 13,878,000 | $12.86M |
| 40 | SFL 5.75 10/15/21 | SHIP FINANCE INTERNATIONAL LTDCV SR UNSEC NT | OTHER | 12,913,000 | $12.83M |
| 41 | HLF 2.625 03/15/24 | HERBALIFE NUTRITION LTDCV SR UNSEC NT PNC | OTHER | 12,020,000 | $12.73M |
| 42 | ICPT 3.25 07/01/23 | INTERCEPT PHARMACEUTICALS INCCV SR UNSEC NT PNC | OTHER | 12,689,000 | $12.62M |
| 43 | VIAV 1 03/01/24 | VIAVI SOLUTIONS INCCV SR UNSEC NT | OTHER | 10,660,000 | $12.04M |
| 44 | - | BLACKROCK CAPITAL INVESTMENT CORPCV SR UNSEC NT | OTHER | 11,935,000 | $11.92M |
| 45 | GWRE 1.25 03/15/25 | GUIDEWIRE SOFTWARE INCCV SR UNSEC NT PNC | OTHER | 10,500,000 | $11.46M |
| 46 | RDUS 3 09/01/24 | RADIUS HEALTH INCCV SR UNSEC NT PNC | OTHER | 13,450,000 | $11.2M |
| 47 | INSM 1.75 01/15/25 | INSMED INCCV SR UNSEC NT PNC | OTHER | 11,000,000 | $11.15M |
| 48 | CHK | CHESAPEAKE ENERGY CORPCV SR UNSEC NT PNC | OTHER | 11,790,000 | $10.95M |
| 49 | - | INVITATION HOMES (IH MERGER SUB LLC)CV SR UNSEC NT | OTHER | 9,461,000 | $10.84M |
| 50 | - | J2 GLOBAL INCCV SR UNSEC NT CPDI | OTHER | 8,000,000 | $10.71M |
| 51 | LITE 0.25 03/15/24 | LUMENTUM HOLDINGS INCCV SR UNSEC NT | OTHER | 9,000,000 | $10.64M |
| 52 | OSIS 1.25 09/01/22 | OSI SYSTEMS INCCV SR UNSEC NT PNC | OTHER | 10,390,000 | $10.56M |
| 53 | GSBD 4.5 04/01/22 | GOLDMAN SACHS BDC INCCV SR UNSEC NT | OTHER | 10,650,000 | $10.52M |
| 54 | IONS 1 11/15/21 | IONIS PHARMACEUTICALS INCCV SR UNSEC NT | OTHER | 7,640,000 | $10.35M |
| 55 | - | WORKDAY INCCV SR UNSEC NT | OTHER | 7,158,000 | $10.14M |
| 56 | WMC 6.75 10/01/22 | WESTERN ASSET MORTGAGE CAPITAL CORPCV SR UNSEC NT | OTHER | 10,304,000 | $10.1M |
| 57 | PRAA 3.5 06/01/23 | PRA GROUP INCCV SR UNSEC NT PNC | OTHER | 11,030,000 | $9.9M |
| 58 | MRVL 0.75 09/01/21 | INPHI CORPCV SR UNSEC NT | OTHER | 7,975,000 | $9.81M |
| 59 | - | TITAN MACHINERY INCCV SR UNSEC NT | OTHER | 9,725,000 | $9.71M |
| 60 | - | NEVRO CORPCV SR UNSEC NT | OTHER | 9,284,000 | $9.38M |
| 61 | EXAS 0.375 03/15/27 | EXACT SCIENCES CORPCV SR UNSEC NT | OTHER | 8,905,000 | $9.11M |
| 62 | - | CLOVIS ONCOLOGY INCCV SR UNSEC NT PNC | OTHER | 9,680,000 | $9.04M |
| 63 | VRNT | VERINT SYSTEMS INCCV SR UNSEC NT | OTHER | 8,061,000 | $8.92M |
| 64 | - | BLACKROCK TCP CAPITAL CORPCV SR UNSEC NT | OTHER | 8,733,000 | $8.83M |
| 65 | NBIX 2.25 05/15/24 | NEUROCRINE BIOSCIENCES INCCV SR UNSEC NT PNC | OTHER | 6,500,000 | $8.8M |
| 66 | NUAN 1 12/15/35 | NUANCE COMMUNICATIONS INCCV SR UNSEC NT CPDI | OTHER | 9,375,000 | $8.79M |
| 67 | - | TPG SPECIALTY LENDING INCCV SR UNSEC NT | OTHER | 8,707,000 | $8.76M |
| 68 | NXPI | NXP SEMICONDUCTORS NVCV SR UNSEC NT | OTHER | 8,389,000 | $8.61M |
| 69 | VSI 2.25 12/01/20 | VITAMIN SHOPPE INCCV SR UNSEC NT | OTHER | 9,525,000 | $8.54M |
| 70 | - | RETROPHIN INCCV SR UNSEC NT PNC | OTHER | 9,000,000 | $8.41M |
| 71 | VGR | VECTOR GROUP LTDCV SR UNSEC NT VARIABLE | OTHER | 8,085,000 | $8.23M |
| 72 | EZPW 2.375 05/01/25 | EZCORP INCCV SR UNSEC MULTI CPN NT | OTHER | 7,952,000 | $7.97M |
| 73 | - | FINISAR CORPCV SR UNSEC NT | OTHER | 8,096,000 | $7.96M |
| 74 | SYNA 0.5 06/15/22 | SYNAPTICS INCCV SR UNSEC NT PNC | OTHER | 8,415,000 | $7.79M |
| 75 | GLNG 2.75 02/15/22 | GOLAR LNG LTDCV SR UNSEC NT | OTHER | 8,000,000 | $7.65M |
| 76 | - | SPIRIT REALTY CAPITAL INCCV SR UNSEC NT REIT | OTHER | 7,613,000 | $7.61M |
| 77 | HASI 4.125 09/01/22 | HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INCCV SR UNSEC NT | OTHER | 7,275,000 | $7.38M |
| 78 | HZNP 2.5 03/15/22 | HORIZON PHARMA INVESTMENT LTDCV SR UNSEC NT PNC | OTHER | 6,385,000 | $7.28M |
| 79 | MNDT 1 06/01/35 A | FIREEYE INCCV SR UNSEC NT | OTHER | 7,479,000 | $7.28M |
| 80 | CY | CYPRESS SEMICONDUCTOR CORPCV SR UNSEC NT | OTHER | 5,685,000 | $7.28M |
| 81 | - | CEMEX SAB DE CVCV SUB NT | OTHER | 7,165,000 | $7.13M |
| 82 | JAZZ 1.875 08/15/21 | JAZZ INVESTMENTS I LTDCV SR UNSEC NT PNC | OTHER | 7,000,000 | $7.11M |
| 83 | HLX 4.25 05/01/22 | HELIX ENERGY SOLUTIONS GROUP INCCV SR UNSEC NT PNC | OTHER | 6,455,000 | $6.4M |
| 84 | - | CEMEX SAB DE CVCV SUB NT | OTHER | 6,385,000 | $6.37M |
| 85 | RGLD | ROYAL GOLD INCCV SR UNSEC NT PNC | OTHER | 6,034,000 | $6.05M |
| 86 | GMED 2.25 03/15/21 | NUVASIVE INCCV SR UNSEC NT PNC | OTHER | 5,260,000 | $5.87M |
| 87 | HTHT 0.375 11/01/22 | HUAZHU GROUP LTDCV SR UNSEC NT | OTHER | 5,000,000 | $5.76M |
| 88 | - | DHT HOLDINGS INCCV SR UNSEC NT PNC | OTHER | 5,714,000 | $5.71M |
| 89 | RDFN 1.75 07/15/23 | REDFIN CORPCV SR UNSEC NT PNC | OTHER | 5,925,000 | $5.7M |
| 90 | GNC 1.5 08/15/20 | GNC HOLDINGS INCCV SR UNSEC NT | OTHER | 6,884,000 | $5.64M |
| 91 | - | ZENDESK INCCV SR UNSEC NT | OTHER | 3,835,000 | $5.6M |
| 92 | RIG 0.5 01/30/23 | TRANSOCEAN INCCV SR UNSEC NT | OTHER | 5,000,000 | $5.6M |
| 93 | TPC 2.875 06/15/21 | TUTOR PERINI CORPCV SR UNSEC NT PNC | OTHER | 5,806,000 | $5.57M |
| 94 | - | AIR TRANSPORT SERVICES GROUP INCCV SR UNSEC NT | OTHER | 5,500,000 | $5.51M |
| 95 | RH | RHCV SR UNSEC NT | OTHER | 5,000,000 | $5.48M |
| 96 | NUAN | NUANCE COMMUNICATIONS INCCV SR UNSEC NT | OTHER | 5,500,000 | $5.47M |
| 97 | TSLA 2.375 03/15/22 | TESLA INCCV SR UNSEC NT | OTHER | 5,000,000 | $5.47M |
| 98 | - | IRONWOOD PHARMACEUTICALS INCCV SR UNSEC NT | OTHER | 4,750,000 | $5.25M |
| 99 | FWONK 1 01/30/23 | LIBERTY MEDIA CORP-LIBERTY FORMULA ONECV SR UNSEC NT (LMCK/FWONK) | OTHER | 4,500,000 | $5.05M |
| 100 | CZR 5 10/01/24 | CAESARS ENTERTAINMENT CORPCV SR UNSEC NT PNC | OTHER | 3,500,000 | $4.98M |
| 101 | JAZZ 1.875 08/15/21 | JAZZ INVESTMENTS I LTDCV SR UNSEC NT PNC | OTHER | 5,000,000 | $4.91M |
| 102 | - | AMAG PHARMACEUTICALS INCCV SR UNSEC NT | OTHER | 5,365,000 | $4.68M |
| 103 | FLXN 3.375 05/01/24 | FLEXION THERAPEUTICS INCCV SR UNSEC NT PNC | OTHER | 5,064,000 | $4.44M |
| 104 | DERM 3 05/15/22 | DERMIRA INCCV SR UNSEC NT | OTHER | 4,740,000 | $4.21M |
| 105 | - | MEDICINES CO/THECV SR UNSEC NT PNC | OTHER | 4,840,000 | $4.1M |
| 106 | HCI 4.25 03/01/37 | HCI GROUP INCCV SR UNSEC NT | OTHER | 3,923,000 | $3.92M |
| 107 | - | LIVE NATION ENTERTAINMENT INCCV SR UNSEC NT | OTHER | 3,340,000 | $3.86M |
| 108 | CAMP 1.625 05/15/20 | CALAMP CORPCV SR UNSEC NT | OTHER | 3,844,000 | $3.74M |
| 109 | TSLA 1.25 03/01/21 | TESLA INCCV SR UNSEC NT | OTHER | 3,605,000 | $3.71M |
| 110 | ARCC 4.625 03/01/24 | ARES CAPITAL CORPCV SR UNSEC NT | OTHER | 3,200,000 | $3.19M |
| 111 | IVC 5 02/15/21 | INVACARE CORPCV SR UNSEC NT | OTHER | 3,415,000 | $3.12M |
| 112 | - | RINGCENTRAL INCCV SR UNSEC NT PNC | OTHER | 1,952,000 | $2.79M |
| 113 | - | Q2 HOLDINGS INCCV SR UNSEC NT | OTHER | 2,000,000 | $2.63M |
| 114 | SRPT | SAREPTA THERAPEUTICS INCCV SR UNSEC NT | OTHER | 1,260,000 | $2.28M |
| 115 | INFN | INFINERA CORPCV SR UNSEC NT PNC | OTHER | 2,780,000 | $2.2M |
| 116 | BMRN 0.599 08/01/24 | BIOMARIN PHARMACEUTICAL INCCV SR SUB NT | OTHER | 2,100,000 | $2.15M |
| 118 | IIVI | II-VI INCCV SR UNSEC NT | OTHER | 1,945,000 | $2.04M |
| 117 | TCOM 1 07/01/20 | CTRIP.COM INTERNATIONAL LTDCV SR UNSEC NT (SERIES: C) | OTHER | 2,000,000 | $2.04M |
| 119 | SPWR 4 01/15/23 | SUNPOWER CORPCV SR UNSEC NT | OTHER | 2,374,000 | $1.96M |
| 120 | - | GOPRO INCCV SR UNSEC NT | OTHER | 1,940,000 | $1.91M |
| 121 | LNG | CHENIERE ENERGY INCCV SR UNSEC NT PNC | OTHER | 2,312,000 | $1.82M |
| 122 | TREE | LENDINGTREE INCCV SR UNSEC NT | OTHER | 1,000,000 | $1.76M |
| 123 | - | GLOBAL EAGLE ENTERTAINMENT INCCV SR UNSEC NT PNC | OTHER | 3,285,000 | $1.71M |
| 124 | USWSW | US WELL SERVICES INCWARRANT STRIKE 5.75 EXP 11/09/2023 | OTHER | 1,500,000 | $1.52M |
| 125 | MTOR 3.25 10/15/37 | MERITOR INCCV SR UNSEC NT | OTHER | 1,500,000 | $1.45M |
| 126 | - | PRETIUM RESOURCES INCCV SR SUB NT PNC | OTHER | 1,395,000 | $1.31M |
| 127 | PDLI | PDL BIOPHARMA INCCV SR UNSEC NT | OTHER | 914,000 | $1.05M |
| 128 | IVC | INVACARE CORPCV SR UNSEC NT | OTHER | 810,000 | $698K |
| 129 | PDCE 1.125 09/15/21 | PDC ENERGY INCCV SR UNSEC NT | OTHER | 335,000 | $314K |
| 155 | TWO 6.25 01/15/22 | TWO HARBORS INVESTMENT CORPCV SR UNSEC NT | OTHER | 0 | $0 |
| 154 | SNCRL | SYNCHRONOSS TECHNOLOGIES INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 153 | - | REDWOOD TRUST INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 152 | QGEN | QIAGEN NVCV SR UNSEC NT REG S | OTHER | 0 | $0 |
| 151 | - | PROSPECT CAPITAL CORPCV SR UNSEC NT | OTHER | 0 | $0 |
| 150 | - | PANDORA MEDIA INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 149 | PCRX | PACIRA PHARMACEUTICALS INC/DECV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 148 | NVAX | NOVAVAX INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 147 | - | NAVISTAR INTERNATIONAL CORPCV SR SUB NT PNC | OTHER | 0 | $0 |
| 146 | - | MACQUARIE INFRASTRUCTURE CORPCV SR UNSEC NT | OTHER | 0 | $0 |
| 145 | KBH | KB HOMECV SR UNSEC NT | OTHER | 0 | $0 |
| 144 | THRX | INNOVIVA INCCV SUB NT | OTHER | 0 | $0 |
| 143 | ILMN | ILLUMINA INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 142 | HCI 4.25 03/01/37 | HCI GROUP INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 141 | - | GRANITE POINT MORTGAGE TRUST INCCV SR UNSEC NT 144A | OTHER | 0 | $0 |
| 140 | EXAS | EXACT SCIENCES CORPCV SR UNSEC NT | OTHER | 0 | $0 |
| 139 | EFII | ELECTRONICS FOR IMAGING INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 138 | - | COWEN INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 137 | CTXS | CITRIX SYSTEMS INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 136 | - | CANADIAN SOLAR INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 135 | BKNG 0.9 09/15/21 | BOOKING HOLDINGS INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 134 | BMRN | BIOMARIN PHARMACEUTICAL INCCV SR SUB NT | OTHER | 0 | $0 |
| 133 | ARRY | ARRAY BIOPHARMA INCCV SR UNSEC NT 144A PNC | OTHER | 0 | $0 |
| 132 | - | ARCONIC INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 131 | MDRX 1.25 07/01/20 | ALLSCRIPTS HEALTHCARE SOLUTIONS INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 130 | AKAM | AKAMAI TECHNOLOGIES INCCV SR UNSEC NT | OTHER | 0 | $0 |