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 2026-09-12 from SEC 13F data.
Live quotes available for 41 of 240 rows. Rows without a quote are marked unavailable.
| 1 | VST | VISTRA ENERGY CORP | 19.02% | Reduce -3.1% | 27,278,055 | $729.14M | $26.73 | No quote |
| 2 | TRMD | TORM PLC | 10.66% | Add +1.4% | 48,263,921 | $408.75M | $8.47 | No quote |
| 3 | SBLK | STAR BULK CARRIERS CORP | 10.00% | Add +1.7% | 38,063,697 | $383.3M | $10.07 | No quote |
| 4 | ALLY | ALLY FINANCIAL INC | 9.47% | - | 10,943,541 | $362.89M | $33.16 | No quote |
| 5 | CZR | CAESARS ENTERTAINMENT CORP | 4.64% | - | 15,250,000 | $177.82M | $11.66 | No quote |
| 6 | TSM | TAIWAN SEMICONDUCTOR-SP ADR | 3.45% | Reduce -2.4% | 2,848,572 | $132.41M | $46.48 | No quote |
| 7 | NMIH | NMI HOLDINGS INC | 3.41% | - | 4,975,911 | $130.67M | $26.26 | No quote |
| 8 | EGLE | EAGLE BULK SHIPPING INC | 3.37% | Add +9.3% | 29,544,139 | $129.26M | No quote | No quote |
| 9 | BRY | BERRY PETROLEUM CORP | 3.15% | - | 12,891,717 | $120.67M | No quote | No quote |
| 10 | INFN | INFINERA CORP | 2.98% | - | 20,975,384 | $114.32M | No quote | No quote |
| 11 | IBN | ICICI BANK LTD-SPON ADR | 2.66% | Reduce -3.1% | 8,365,394 | $101.89M | $12.18 | No quote |
| 12 | ITUB | ITAU UNIBANCO H-SPON PRF ADR | 2.56% | Reduce -2.2% | 11,664,043 | $98.1M | $8.41 | No quote |
| 13 | PBR-A | PETROLEO BRASIL-SP PREF ADR | 1.87% | Reduce -2.4% | 5,455,930 | $71.69M | $13.14 | No quote |
| 14 | EURN | EURONAV NV | 1.82% | Reduce -6.2% | 7,601,881 | $69.94M | No quote | No quote |
| 15 | CCS | CENTURY COMMUNITIES INC | 1.45% | - | 1,819,003 | $55.72M | $30.63 | No quote |
| 16 | CEO | CNOOC LTD-SPON ADR | 1.34% | Reduce -2.6% | 338,074 | $51.47M | No quote | No quote |
| 17 | BRFS | BRF SA-ADR | 1.30% | Reduce -2.7% | 5,444,574 | $49.87M | No quote | No quote |
| 18 | SMCI | SUPER MICRO COMPUTER INC | 1.20% | - | 2,400,000 | $46.08M | No quote | No quote |
| 19 | AU | ANGLOGOLD ASHANTI-SPON ADR | 1.14% | Reduce -19.9% | 2,400,512 | $43.86M | $18.27 | No quote |
| 20 | INFY | INFOSYS LTD-SP ADR | 1.06% | Reduce -2.3% | 3,587,835 | $40.8M | $11.37 | No quote |
| 21 | AZUL | AZUL SA-ADR | 0.97% | Reduce -31.7% | 1,036,438 | $37.13M | No quote | No quote |
| 22 | MX | MAGNACHIP SEMICONDUCTOR CORP | 0.86% | - | 3,250,000 | $32.96M | $10.14 | No quote |
| 23 | PBR | PETROLEO BRASILEIRO-SPON ADR | 0.81% | Reduce -2.6% | 2,144,121 | $31.03M | $14.47 | No quote |
| 24 | CX | CEMEX SAB-SPONS ADR PART CER | 0.78% | Add +6.0% | 7,611,460 | $29.84M | $3.92 | No quote |
| 25 | BCEI | BONANZA CREEK ENERGY INC | 0.75% | Reduce -19.1% | 1,283,452 | $28.74M | No quote | No quote |
| 26 | MTG | MGIC INVESTMENT CORP | 0.73% | - | 2,220,000 | $27.93M | $12.58 | No quote |
| 27 | VRS | VERSO CORP | 0.59% | Add +37.2% | 1,826,319 | $22.61M | No quote | No quote |
| 28 | COOP | MR COOPER GROUP INC | 0.53% | - | 1,927,544 | $20.47M | No quote | No quote |
| 29 | XEC | CIMAREX ENERGY CO | 0.52% | - | 415,735 | $19.93M | No quote | No quote |
| 30 | AFYA | AFYA LTD-CLASS A | 0.47% | New | 697,554 | $17.89M | $25.64 | No quote |
| 31 | YNDX | YANDEX NV-A | 0.45% | Reduce -16.1% | 488,857 | $17.12M | No quote | No quote |
| 32 | HUYA | HUYA INC-ADR | 0.44% | Add +31.8% | 712,025 | $16.83M | No quote | No quote |
| 33 | YETI | YETI HOLDINGS INC | 0.39% | - | 537,629 | $15.05M | $28.00 | No quote |
| 34 | STKL | SUNOPTA INC | 0.38% | - | 8,092,699 | $14.57M | $1.80 | No quote |
| 35 | YPF | YPF S.A.-SPONSORED ADR | 0.35% | New | 1,442,103 | $13.34M | $9.25 | No quote |
| 36 | TEO | TELECOM ARGENTINA SA | 0.34% | Add +9.4% | 1,310,500 | $13.11M | $10.00 | No quote |
| 37 | TSQ | TOWNSQUARE MEDIA INC | 0.29% | - | 1,595,224 | $11.22M | No quote | No quote |
| 38 | IHRT | IHEARTMEDIA INC | 0.28% | New | 715,247 | $10.73M | $15.00 | No quote |
| 39 | PAM | PAMPA ENERGIA SA | 0.27% | Add +12.3% | 593,000 | $10.3M | No quote | No quote |
| 40 | TGS | TRANSPORTADORA DE GAS DEL SUR SA | 0.27% | Add +15.8% | 1,208,000 | $10.26M | No quote | No quote |
| 41 | VIST | VISTA OIL & GAS SAB DE CV | 0.25% | New | 1,880,000 | $9.72M | $5.17 | No quote |
| 42 | GLIBA | GCI LIBERTY INC | 0.24% | - | 150,000 | $9.31M | $62.07 | No quote |
| 43 | PCG | PG&E CORP | 0.21% | Reduce -32.9% | 815,000 | $8.15M | $10.00 | No quote |
| 44 | ROCC | PENN VIRGINIA CORP | 0.19% | - | 248,979 | $7.24M | No quote | No quote |
| 45 | BELFB | BEL FUSE INC | 0.18% | Add +164.3% | 462,679 | $6.95M | $15.03 | No quote |
| 46 | TV | GRUPO TELEVISA SAB | 0.14% | Add +47.0% | 566,000 | $5.54M | No quote | No quote |
| 47 | STON | STONEMOR PARTNERS LP | 0.13% | - | 4,477,857 | $4.97M | No quote | No quote |
| 48 | AABA | ALTABA INC | 0.12% | - | 241,933 | $4.71M | No quote | No quote |
| 49 | CCO | CLEAR CHANNEL OUTDOOR HOLDINGS INC | 0.11% | - | 1,681,898 | $4.24M | $2.52 | No quote |
| 50 | VEON | VEON LTD | 0.11% | - | 1,678,900 | $4.03M | No quote | No quote |
| 51 | OCSI | OAKTREE STRATEGIC INCOME CORP | 0.08% | - | 392,000 | $3.23M | No quote | No quote |
| 52 | BDXA | BECTON DICKINSON AND CO | 0.08% | - | 51,050 | $3.16M | No quote | No quote |
| 53 | CCIPRA | CROWN CASTLE INTERNATIONAL CORP | 0.08% | - | 2,402 | $3.03M | No quote | No quote |
| 54 | NEEPRO | NEXTERA ENERGY INC | 0.08% | New | 60,000 | $3.01M | No quote | No quote |
| 55 | BACPRL | BANK OF AMERICA CORP | 0.08% | - | 1,960 | $2.94M | $1498.98 | No quote |
| 56 | SREMP | SEMPRA ENERGY | 0.07% | Add +69.7% | 24,350 | $2.87M | No quote | No quote |
| 57 | AMPY | AMPLIFY ENERGY CORP | 0.07% | New | 410,750 | $2.53M | $6.17 | No quote |
| 58 | OIBZQ | OI SA | 0.06% | - | 2,201,646 | $2.42M | No quote | No quote |
| 59 | MBT | MOBILE TELESYSTEMS PJSC | 0.06% | - | 298,500 | $2.42M | No quote | No quote |
| 60 | DHRRP | DANAHER CORP | 0.06% | Reduce -34.1% | 1,930 | $2.2M | No quote | No quote |
| 61 | QTTTP | QTS REALTY TRUST INC | 0.06% | Add +7.2% | 17,990 | $2.19M | No quote | No quote |
| 62 | INDA | ISHARES MSCI INDIA ETF | 0.06% | Add +7.0% | 64,000 | $2.15M | $33.61 | No quote |
| 63 | SOUEU | SOUTHERN CO/THE | 0.06% | New | 40,000 | $2.14M | No quote | No quote |
| 64 | ASRT | ASSERTIO THERAPEUTICS INC | 0.05% | New | 1,492,455 | $1.91M | $1.28 | No quote |
| 65 | DOMGL | DOMINION ENERGY INC | 0.04% | New | 15,000 | $1.59M | No quote | No quote |
| 66 | OCSL | OAKTREE SPECIALTY LENDING CORP | 0.04% | - | 276,000 | $1.43M | $5.18 | No quote |
| 67 | AEPCU | AMERICAN ELECTRIC POWER CO INC | 0.04% | Add +157.1% | 24,550 | $1.35M | No quote | No quote |
| 68 | FPI | FARMLAND PARTNERS INC | 0.03% | - | 200,000 | $1.34M | No quote | No quote |
| 69 | LOMA | LOMA NEGRA CIA INDUSTRIAL ARGENTINA SA | 0.03% | Add +98.1% | 212,000 | $1.22M | $5.75 | No quote |
| 70 | WFCPRL | WELLS FARGO & CO | 0.03% | - | 721 | $1.1M | $1522.88 | No quote |
| 71 | BELFA | BEL FUSE INC | 0.03% | - | 71,613 | $987K | No quote | No quote |
| 72 | SIGA | SIGA TECHNOLOGIES INC | 0.02% | - | 159,782 | $817K | No quote | No quote |
| 73 | WTRZU | AQUA AMERICA INC | 0.02% | New | 13,000 | $787K | No quote | No quote |
| 74 | CBB | CINCINNATI BELL INC | 0.02% | New | 132,500 | $671K | No quote | No quote |
| 75 | SD | SANDRIDGE ENERGY INC | 0.02% | - | 135,000 | $634K | $4.70 | No quote |
| 76 | XOG | EXTRACTION OIL & GAS INC | 0.01% | - | 172,787 | $509K | No quote | No quote |
| 77 | CPLP | CAPITAL PRODUCT PARTNERS LP | 0.01% | - | 32,142 | $343K | No quote | No quote |
| 78 | DSSI | DIAMOND S SHIPPING INC | 0.01% | - | 22,076 | $243K | No quote | No quote |
| 79 | UPL | ULTRA PETROLEUM CORP | 0.00% | - | 590,799 | $133K | No quote | No quote |
| 80 | IEA | INFRASTRUCTURE AND ENERGY ALTERNATIVES INC | 0.00% | - | 18,926 | $88K | No quote | No quote |
| 92 | WB | WEIBO CORP-SPON ADR | - | Sold | 0 | $0 | No quote | No quote |
| 91 | SMH | VANECK VECTORS SEMICONDUCTOR ETF | - | Sold | 0 | $0 | No quote | No quote |
| 90 | SWP | STANLEY BLACK & DECKER INC | - | Sold | 0 | $0 | No quote | No quote |
| 89 | SPY | SPDR S&P 500 ETF TRUST | - | Sold | 0 | $0 | No quote | No quote |
| 88 | NEEPRR | NEXTERA ENERGY INC | - | Sold | 0 | $0 | No quote | No quote |
| 87 | MPO | MIDSTATES PETROLEUM CO INC | - | Sold | 0 | $0 | No quote | No quote |
| 86 | MU | MICRON TECHNOLOGY INC | - | Sold | 0 | $0 | No quote | No quote |
| 85 | BATRK | LIBERTY MEDIA CORP-LIBERTY BRAVES | - | Sold | 0 | $0 | No quote | No quote |
| 84 | LRCX | LAM RESEARCH CORP | - | Sold | 0 | $0 | No quote | No quote |
| 83 | DTV | DTE ENERGY CO | - | Sold | 0 | $0 | No quote | No quote |
| 82 | CTRA | CONTURA ENERGY INC | - | Sold | 0 | $0 | No quote | No quote |
| 81 | BGNE | BEIGENE LTD-ADR | - | 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 | 72,863,000 | $75.64M |
| 2 | DISH 3.375 08/15/26 | DISH NETWORK CORPCV SR UNSEC NT | OTHER | 37,584,000 | $34.53M |
| 3 | TWO 6.25 01/15/22 | TWO HARBORS INVESTMENT CORPCV SR UNSEC NT | OTHER | 27,471,000 | $28.32M |
| 4 | SCTY | SOLARCITY CORPCV SR UNSEC NT | OTHER | 27,039,000 | $26.79M |
| 5 | DBRG 3.875 01/15/21 | COLONY CAPITAL INCCV SR UNSEC NT REIT PNC | OTHER | 26,997,000 | $26.73M |
| 6 | TWTR 1 09/15/21 | TWITTER INCCV SR UNSEC NT | OTHER | 26,000,000 | $25.66M |
| 7 | ARI 4.75 08/23/22 | APOLLO COMMERCIAL REAL ESTATE FINANCE INCCV SR UNSEC NT | OTHER | 24,174,000 | $24.61M |
| 8 | PRAA 3 08/01/20 | PRA GROUP INCCV SR UNSEC NT | OTHER | 24,225,000 | $24.12M |
| 9 | SFL 5.75 10/15/21 | SHIP FINANCE INTERNATIONAL LTDCV SR UNSEC NT | OTHER | 22,855,000 | $23.93M |
| 10 | CATM 1 12/01/20 | CARDTRONICS INCCV SR UNSEC NT | OTHER | 23,382,000 | $22.88M |
| 11 | DISH 2.375 03/15/24 | DISH NETWORK CORPCV SR UNSEC NT | OTHER | 25,767,000 | $22.74M |
| 12 | SYNA 0.5 06/15/22 | SYNAPTICS INCCV SR UNSEC NT PNC | OTHER | 23,314,000 | $21.77M |
| 13 | KREF 6.125 05/15/23 | KKR REAL ESTATE FINANCE TRUST INCCV SR UNSEC NT | OTHER | 20,175,000 | $21.11M |
| 14 | MIC 2 10/01/23 | MACQUARIE INFRASTRUCTURE CORPCV SR UNSEC NT | OTHER | 22,929,000 | $20.98M |
| 15 | DY 0.75 09/15/21 | DYCOM INDUSTRIES INCCV SR UNSEC NT | OTHER | 21,734,000 | $20.97M |
| 16 | PMT 5.375 05/01/20 | PENNYMAC CORPCV SR UNSEC NT REIT | OTHER | 20,450,000 | $20.68M |
| 17 | WDC 1.5 02/01/24 | WESTERN DIGITAL CORPCV SR UNSEC NT PNC | OTHER | 21,315,000 | $20.51M |
| 18 | PEGI 4 07/15/20 | PATTERN ENERGY GROUP INCCV SR UNSEC NT | OTHER | 19,353,000 | $20.38M |
| 19 | HOPE 2 05/15/38 | HOPE BANCORP INCCV SR UNSEC NT | OTHER | 21,372,000 | $19.8M |
| 20 | - | REDWOOD TRUST INCCV SR UNSEC NT | OTHER | 17,851,000 | $17.92M |
| 21 | WMC 6.75 10/01/22 | WESTERN ASSET MORTGAGE CAPITAL CORPCV SR UNSEC NT | OTHER | 17,217,000 | $17.39M |
| 22 | ECPG 2.875 03/15/21 | ENCORE CAPITAL GROUP INCCV SR UNSEC NT | OTHER | 17,216,000 | $16.93M |
| 23 | NYMT 6.25 01/15/22 | NEW YORK MORTGAGE TRUST INCCV SR UNSEC NT | OTHER | 15,826,000 | $16.14M |
| 24 | CKH 3 11/15/28 | SEACOR HOLDINGS INCCV SR UNSEC NT CPDI | OTHER | 14,448,000 | $14.33M |
| 25 | FOR 3.75 03/01/20 | FORESTAR GROUP INCCV SR UNSEC NT | OTHER | 13,665,000 | $13.76M |
| 26 | LGND 0.75 05/15/23 | LIGAND PHARMACEUTICALS INCCV SR UNSEC NT | OTHER | 15,368,000 | $12.85M |
| 27 | GBX 2.875 02/01/24 | GREENBRIER COS INC/THECV SR UNSEC NT | OTHER | 13,292,000 | $12.71M |
| 28 | - | AK STEEL CORPCV SR UNSEC NT | OTHER | 12,610,000 | $12.67M |
| 29 | - | TPG SPECIALTY LENDING INCCV SR UNSEC NT | OTHER | 12,516,000 | $12.65M |
| 30 | MCHP 1.625 02/15/27 | MICROCHIP TECHNOLOGY INCCV SR SUB NT | OTHER | 9,767,000 | $12.6M |
| 31 | QGEN 1 11/13/24 | QIAGEN NVCV SR UNSEC NT REG S | OTHER | 11,600,000 | $12.04M |
| 32 | HTGC 4.375 02/01/22 | HERCULES CAPITAL INCCV SR UNSEC NT | OTHER | 11,060,000 | $11.35M |
| 33 | SSRMCN 2.875 02/01/33 | SSR MINING INCCV SR UNSEC NT PNC | OTHER | 10,769,000 | $11.03M |
| 34 | NUAN 2.75 11/01/31 | NUANCE COMMUNICATIONS INCCV SR UNSEC NT | OTHER | 11,238,000 | $10.99M |
| 35 | PATK 1 02/01/23 | PATRICK INDUSTRIES INCCV SR UNSEC NT | OTHER | 11,604,000 | $10.53M |
| 36 | GSBD 4.5 04/01/22 | GOLDMAN SACHS BDC INCCV SR UNSEC NT | OTHER | 9,895,000 | $10.18M |
| 37 | TSLA 2.375 03/15/22 | TESLA INCCV SR UNSEC NT | OTHER | 10,000,000 | $10.17M |
| 38 | PDCE 1.125 09/15/21 | PDC ENERGY INCCV SR UNSEC NT | OTHER | 10,844,000 | $10.05M |
| 39 | TPC 2.875 06/15/21 | TUTOR PERINI CORPCV SR UNSEC NT PNC | OTHER | 10,405,000 | $9.93M |
| 40 | ECHO 2.5 05/01/20 | ECHO GLOBAL LOGISTICS INCCV SR UNSEC NT | OTHER | 9,850,000 | $9.85M |
| 41 | ABR | ARBOR REALTY TRUST INCCV SR UNSEC NT | OTHER | 8,942,000 | $9.58M |
| 42 | VECO 2.7 01/15/23 | VEECO INSTRUMENTS INCCV SR UNSEC NT PNC | OTHER | 10,516,000 | $9.41M |
| 43 | - | BLACKROCK TCP CAPITAL CORPCV SR UNSEC NT | OTHER | 8,773,000 | $8.85M |
| 44 | TSLA 1.25 03/01/21 | TESLA INCCV SR UNSEC NT | OTHER | 8,365,000 | $8.18M |
| 45 | SM 1.5 07/01/21 | SM ENERGY COCV SR UNSEC NT | OTHER | 8,144,000 | $7.39M |
| 46 | GLNG 2.75 02/15/22 | GOLAR LNG LTDCV SR UNSEC NT | OTHER | 7,859,000 | $6.87M |
| 47 | - | NEVRO CORPCV SR UNSEC NT | OTHER | 5,653,000 | $6.5M |
| 48 | NMFC 5.75 08/15/23 | NEW MOUNTAIN FINANCE CORPCV SR UNSEC NT | OTHER | 6,162,000 | $6.47M |
| 49 | NBR 0.75 01/15/24 | NABORS INDUSTRIES INCCV SR UNSEC NT | OTHER | 9,555,000 | $6.13M |
| 50 | HLX 4.25 05/01/22 | HELIX ENERGY SOLUTIONS GROUP INCCV SR UNSEC NT PNC | OTHER | 6,030,000 | $6.1M |
| 51 | VSH 2.25 06/15/25 | VISHAY INTERTECHNOLOGY INCCV SR UNSEC NT | OTHER | 6,410,000 | $6.01M |
| 52 | CAMP 1.625 05/15/20 | CALAMP CORPCV SR UNSEC NT | OTHER | 6,059,000 | $5.94M |
| 53 | BKNG 0.9 09/15/21 | BOOKING HOLDINGS INCCV SR UNSEC NT | OTHER | 5,000,000 | $5.81M |
| 54 | RDUS 3 09/01/24 | RADIUS HEALTH INCCV SR UNSEC NT PNC | OTHER | 6,315,000 | $5.76M |
| 55 | Z 1.5 07/01/23 | ZILLOW GROUP INCCV SR UNSEC NT PNC | OTHER | 6,314,000 | $5.58M |
| 56 | CAMP 2 08/01/25 | CALAMP CORPCV SR UNSEC NT PNC | OTHER | 6,600,000 | $5.4M |
| 57 | DERM 3 05/15/22 | DERMIRA INCCV SR UNSEC NT | OTHER | 6,380,000 | $5.39M |
| 58 | TWTR 1 09/15/21 | TWITTER INCCV SR UNSEC NT | OTHER | 5,014,000 | $5.32M |
| 59 | VIAV 1 03/01/24 | VIAVI SOLUTIONS INCCV SR UNSEC NT | OTHER | 4,315,000 | $5.32M |
| 60 | PANW 0.75 07/01/23 | PALO ALTO NETWORKS INCCV SR UNSEC NT | OTHER | 5,000,000 | $5.28M |
| 61 | GNC 1.5 08/15/20 | GNC HOLDINGS INCCV SR UNSEC NT | OTHER | 5,639,000 | $5.25M |
| 62 | FLXN 3.375 05/01/24 | FLEXION THERAPEUTICS INCCV SR UNSEC NT PNC | OTHER | 5,609,000 | $5.05M |
| 63 | ICPT 3.25 07/01/23 | INTERCEPT PHARMACEUTICALS INCCV SR UNSEC NT PNC | OTHER | 5,828,000 | $5.04M |
| 64 | NRG 2.75 06/01/48 | NRG ENERGY INCCV SR UNSEC NT | OTHER | 4,430,000 | $4.99M |
| 65 | VSI 2.25 12/01/20 | VITAMIN SHOPPE INCCV SR UNSEC NT | OTHER | 4,895,000 | $4.9M |
| 66 | HTHT 0.375 11/01/22 | HUAZHU GROUP LTDCV SR UNSEC NT | OTHER | 4,400,000 | $4.58M |
| 67 | FWONK 1 01/30/23 | LIBERTY MEDIA CORP-LIBERTY FORMULA ONECV SR UNSEC NT (LMCK/FWONK) | OTHER | 3,522,000 | $4.42M |
| 68 | MNDT 1 06/01/35 A | FIREEYE INCCV SR UNSEC NT | OTHER | 4,314,000 | $4.27M |
| 69 | SPLK 0.5 09/15/23 | SPLUNK INCCV SR UNSEC NT PNC | OTHER | 3,905,000 | $4.22M |
| 70 | LITE 0.25 03/15/24 | LUMENTUM HOLDINGS INCCV SR UNSEC NT | OTHER | 3,596,000 | $4.18M |
| 71 | ARCC 4.625 03/01/24 | ARES CAPITAL CORPCV SR UNSEC NT | OTHER | 3,946,000 | $4.17M |
| 72 | GWRE 1.25 03/15/25 | GUIDEWIRE SOFTWARE INCCV SR UNSEC NT PNC | OTHER | 3,500,000 | $4.03M |
| 73 | RDFN 1.75 07/15/23 | REDFIN CORPCV SR UNSEC NT PNC | OTHER | 3,952,000 | $3.64M |
| 74 | GPRE 4.125 09/01/22 | GREEN PLAINS INCCV SR UNSEC NT PNC | OTHER | 4,364,000 | $3.58M |
| 75 | NBIX 2.25 05/15/24 | NEUROCRINE BIOSCIENCES INCCV SR UNSEC NT PNC | OTHER | 2,500,000 | $3.43M |
| 76 | - | J2 GLOBAL INCCV SR UNSEC NT CPDI | OTHER | 2,410,000 | $3.42M |
| 77 | ON 1 12/01/20 | ON SEMICONDUCTOR CORPCV SR UNSEC NT | OTHER | 2,870,000 | $3.36M |
| 78 | INSM 1.75 01/15/25 | INSMED INCCV SR UNSEC NT PNC | OTHER | 3,935,000 | $3.3M |
| 79 | - | BLACKROCK CAPITAL INVESTMENT CORPCV SR UNSEC NT | OTHER | 3,270,000 | $3.25M |
| 80 | TEVA 0.25 02/01/26 C | TEVA PHARMACEUTICAL FINANCE CO LLCCV SR UNSEC NT | OTHER | 3,480,000 | $3.17M |
| 81 | IIVI | II-VI INCCV SR UNSEC NT | OTHER | 3,000,000 | $3.11M |
| 82 | GMED 2.25 03/15/21 | NUVASIVE INCCV SR UNSEC NT PNC | OTHER | 2,585,000 | $3.06M |
| 83 | VAC 1.5 09/15/22 | MARRIOTT VACATIONS WORLDWIDE CORPCV SR UNSEC NT | OTHER | 3,000,000 | $3.02M |
| 84 | NUAN 1.5 11/01/35 | NUANCE COMMUNICATIONS INCCV SR UNSEC NT | OTHER | 3,000,000 | $3.01M |
| 85 | - | INVITATION HOMES (IH MERGER SUB LLC)CV SR UNSEC NT | OTHER | 2,236,000 | $2.98M |
| 86 | HCI 4.25 03/01/37 | HCI GROUP INCCV SR UNSEC NT | OTHER | 2,897,000 | $2.89M |
| 87 | HZNP 2.5 03/15/22 | HORIZON PHARMA INVESTMENT LTDCV SR UNSEC NT PNC | OTHER | 2,425,000 | $2.83M |
| 88 | SLAB 1.375 03/01/22 | SILICON LABORATORIES INCCV SR UNSEC NT PNC | OTHER | 2,165,000 | $2.83M |
| 89 | - | MEDICINES CO/THECV SR UNSEC NT PNC | OTHER | 2,285,000 | $2.77M |
| 90 | MOMO 1.25 07/01/25 | MOMO INCCV SR UNSEC NT | OTHER | 3,000,000 | $2.72M |
| 91 | OIS 1.5 02/15/23 | OIL STATES INTERNATIONAL INCCV SR UNSEC NT PNC | OTHER | 3,137,000 | $2.64M |
| 92 | STWD 4.375 04/01/23 | STARWOOD PROPERTY TRUST INCCV SR UNSEC NT | OTHER | 2,500,000 | $2.59M |
| 93 | MRVL 0.75 09/01/21 | INPHI CORPCV SR UNSEC NT | OTHER | 2,000,000 | $2.49M |
| 94 | FCN 2 08/15/23 T | FTI CONSULTING INCCV SR UNSEC NT | OTHER | 1,997,000 | $2.44M |
| 95 | ECPG 4.5 09/01/23 | ENCORE CAPITAL EUROPE FINANCE LTDCV SR UNSEC NT | OTHER | 2,250,000 | $2.33M |
| 96 | - | CSG SYSTEMS INTERNATIONAL INCCV SR UNSEC NT PNC | OTHER | 2,000,000 | $2.27M |
| 97 | HASI 4.125 09/01/22 | HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INCCV SR UNSEC NT | OTHER | 1,970,000 | $2.21M |
| 98 | JAZZ 1.875 08/15/21 | JAZZ INVESTMENTS I LTDCV SR UNSEC NT PNC | OTHER | 2,190,000 | $2.2M |
| 99 | RH 0 06/15/23 | RHCV SR UNSEC NT | OTHER | 2,000,000 | $2.17M |
| 100 | SPWR 4 01/15/23 | SUNPOWER CORPCV SR UNSEC NT | OTHER | 2,374,000 | $2.16M |
| 101 | OSIS 1.25 09/01/22 | OSI SYSTEMS INCCV SR UNSEC NT PNC | OTHER | 1,855,000 | $2.08M |
| 102 | ASRT 2.5 09/01/21 | ASSERTIO THERAPEUTICS INCCV SR UNSEC NT PNC | OTHER | 2,780,000 | $2.08M |
| 103 | PRAA 3.5 06/01/23 | PRA GROUP INCCV SR UNSEC NT PNC | OTHER | 2,000,000 | $2.04M |
| 104 | - | BLACKSTONE MORTGAGE TRUST INCCV SR UNSEC NT | OTHER | 1,905,000 | $1.99M |
| 105 | RGEN 0.375 07/15/24 | REPLIGEN CORPCV SR UNSEC NT | OTHER | 2,000,000 | $1.99M |
| 106 | WLL 1.25 04/01/20 | WHITING PETROLEUM CORPCV SR UNSEC NT | OTHER | 1,685,000 | $1.65M |
| 107 | IVC 5 02/15/21 | INVACARE CORPCV SR UNSEC NT | OTHER | 1,745,000 | $1.65M |
| 108 | EXAS 0.375 03/15/27 | EXACT SCIENCES CORPCV SR UNSEC NT | OTHER | 1,492,000 | $1.62M |
| 109 | IONS 1 11/15/21 | IONIS PHARMACEUTICALS INCCV SR UNSEC NT | OTHER | 1,386,000 | $1.58M |
| 110 | AKAM | AKAMAI TECHNOLOGIES INCCV SR UNSEC NT | OTHER | 1,375,000 | $1.58M |
| 111 | STNG 3 05/15/22 | SCORPIO TANKERS INCCV SR UNSEC NT | OTHER | 1,485,000 | $1.58M |
| 112 | MTOR 3.25 10/15/37 | MERITOR INCCV SR UNSEC NT | OTHER | 1,595,000 | $1.57M |
| 113 | - | LIVE NATION ENTERTAINMENT INCCV SR UNSEC NT | OTHER | 1,125,000 | $1.32M |
| 114 | SQ 0.5 05/15/23 | SQUARE INCCV SR UNSEC NT | OTHER | 1,000,000 | $1.12M |
| 115 | - | WIX.COM LTDCV SR UNSEC NT | OTHER | 990,000 | $1.1M |
| 116 | WB 1.25 11/15/22 | WEIBO CORPCV SR UNSEC NT | OTHER | 1,160,000 | $1.09M |
| 117 | ILMN 0.5 06/15/21 | ILLUMINA INCCV SR UNSEC NT | OTHER | 600,000 | $797K |
| 118 | USWSW | US WELL SERVICES INCWARRANT STRIKE 5.75 EXP 11/09/2023 | OTHER | 1,500,000 | $450K |
| 145 | Z 1.5 07/01/23 | ZILLOW GROUP INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 144 | - | WORKDAY INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 143 | VRNT | VERINT SYSTEMS INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 142 | TWTR 1 09/15/21 | TWITTER INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 141 | - | TWILIO INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 140 | SRPT | SAREPTA THERAPEUTICS INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 139 | - | PTC THERAPEUTICS INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 138 | - | PRETIUM RESOURCES INCCV SR SUB NT PNC | OTHER | 0 | $0 |
| 137 | PDLI | PDL BIOPHARMA INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 136 | NXPI | NXP SEMICONDUCTORS NVCV SR UNSEC NT | OTHER | 0 | $0 |
| 135 | - | IRONWOOD PHARMACEUTICALS INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 134 | PODD | INSULET CORPCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 133 | HURN | HURON CONSULTING GROUP INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 132 | - | GOPRO INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 131 | ENV 1.75 06/01/23 | ENVESTNET INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 130 | - | DHT HOLDINGS INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 129 | CY | CYPRESS SEMICONDUCTOR CORPCV SR UNSEC NT | OTHER | 0 | $0 |
| 128 | TCOM 1 07/01/20 | CTRIP.COM INTERNATIONAL LTDCV SR UNSEC NT | OTHER | 0 | $0 |
| 127 | TCOM 1 07/01/20 | CTRIP.COM INTERNATIONAL LTDCV SR UNSEC NT (SERIES: C) | OTHER | 0 | $0 |
| 126 | - | CLOVIS ONCOLOGY INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 125 | LNG | CHENIERE ENERGY INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 124 | - | CEMEX SAB DE CVCV SUB NT | OTHER | 0 | $0 |
| 123 | - | CEMEX SAB DE CVCV SUB NT | OTHER | 0 | $0 |
| 122 | - | ATLAS AIR WORLDWIDE HOLDINGS INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 121 | - | AMAG PHARMACEUTICALS INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 120 | - | AIR TRANSPORT SERVICES GROUP INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 119 | ACOR | ACORDA THERAPEUTICS INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |