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 44 of 236 rows. Rows without a quote are marked unavailable.
| 1 | VST | VISTRA ENERGY CORP | 22.84% | - | 50,280,227 | $921.13M | $18.32 | No quote |
| 2 | SBLK | STAR BULK CARRIERS CORP | 9.10% | - | 32,579,506 | $366.85M | $11.26 | No quote |
| 3 | TRCO | TRIBUNE MEDIA CO | 7.57% | Reduce -49.4% | 7,184,998 | $305.15M | No quote | No quote |
| 4 | ALLY | ALLY FINANCIAL INC | 7.06% | Reduce -1.4% | 9,760,000 | $284.6M | $29.16 | No quote |
| 5 | TSM | TAIWAN SEMI. | 3.51% | Reduce -11.9% | 3,566,356 | $141.41M | $39.65 | No quote |
| 6 | ITUB | BANCO ITAU | 2.98% | Reduce -0.1% | 9,234,691 | $120.05M | $13.00 | No quote |
| 7 | VALE | VALE SA | 2.85% | Add +4.1% | 9,411,396 | $115.1M | $12.23 | No quote |
| 8 | DYN | DYNEGY INC | 2.48% | - | 8,424,322 | $99.83M | No quote | No quote |
| 9 | NMIH | NMI HOLDINGS INC | 2.40% | Reduce -2.3% | 5,681,992 | $96.59M | $17.00 | No quote |
| 10 | GNRT | GENER8 MARITIME INC | 2.14% | - | 13,062,118 | $86.47M | No quote | No quote |
| 11 | IBN | ICICI BANK LTD. | 2.12% | Add +14.8% | 8,804,316 | $85.67M | $9.73 | No quote |
| 12 | BABA | ALIBABA.COM | 2.10% | Reduce -28.0% | 491,227 | $84.7M | $172.43 | No quote |
| 13 | AABA | ALTABA INC | 1.84% | Reduce -65.9% | 1,061,588 | $74.15M | No quote | No quote |
| 14 | STKL | SUNOPTA INC | 1.56% | Add +84.2% | 8,092,699 | $62.72M | $7.75 | No quote |
| 15 | PBR-A | PETROBRAS | 1.43% | Add +1.3% | 5,880,090 | $57.8M | $9.83 | No quote |
| 16 | CCS | CENTURY COMMUNITIES INC | 1.40% | Add +23.8% | 1,819,003 | $56.57M | $31.10 | No quote |
| 17 | VRS | VERSO CORP | 1.19% | Reduce -6.6% | 2,730,388 | $47.97M | No quote | No quote |
| 18 | FBP | FIRST BANCORP/PUERTO RICO | 1.18% | Reduce -7.0% | 9,334,725 | $47.61M | No quote | No quote |
| 19 | CCIPRA | CROWN CASTLE INTERNATIONAL CORPPREF | 1.18% | Add +40.0% | 42,009 | $47.58M | No quote | No quote |
| 20 | BDXA | BECTON DICKINSON AND COPREF | 1.18% | Reduce -5.5% | 819,220 | $47.43M | No quote | No quote |
| 21 | INFY | INFOSYS TECHNOLOGIES-SP ADR | 1.15% | Add +8942.6% | 2,866,600 | $46.5M | $16.22 | No quote |
| 22 | BRFS | BRF - BRASIL FOODS SA | 1.11% | Add +29.9% | 3,977,774 | $44.79M | No quote | No quote |
| 23 | ANTX | ANTHEM INCPREF | 1.06% | Add +28.2% | 764,930 | $42.84M | No quote | No quote |
| 24 | WFCPRL | WELLS FARGO & COPREF | 1.04% | Add +4.6% | 32,077 | $42.02M | $1309.97 | No quote |
| 25 | ABEV | COMPANIA DE BEBIDAS DAS AME (AMBEV) | 0.88% | Add +0.8% | 5,508,041 | $35.58M | $6.46 | No quote |
| 26 | NSM | NATIONSTAR MORTGAGE HOLDINGS INC | 0.88% | Add +5.5% | 1,909,645 | $35.33M | No quote | No quote |
| 27 | AU | ANGLOGOLD ASHANTI LTD | 0.85% | Add +4.1% | 3,370,322 | $34.34M | $10.19 | No quote |
| 28 | RYAM | RAYONIER ADVANCED MATERIALS INC | 0.79% | New | 1,557,493 | $31.85M | No quote | No quote |
| 29 | CEO | CNOOC LIMITED | 0.79% | Reduce -0.9% | 220,967 | $31.72M | No quote | No quote |
| 30 | NEEPRR | NEXTERA ENERGY INCPREF | 0.76% | Reduce -6.3% | 543,715 | $30.56M | No quote | No quote |
| 31 | CX | CEMEX SA-SPONSORED ADR | 0.74% | Reduce -26.9% | 3,990,115 | $29.93M | $7.50 | No quote |
| 32 | MX | MAGNACHIP SEMICONDUCTOR CORP | 0.74% | Add +28.2% | 3,000,000 | $29.85M | $9.95 | No quote |
| 33 | CTRP | CTRIP.COM INTERNATIONAL LTD | 0.71% | Add +129.1% | 653,202 | $28.81M | No quote | No quote |
| 34 | TV | TELEVISA | 0.71% | New | 1,529,453 | $28.56M | No quote | No quote |
| 35 | AZUL | AZUL SA | 0.69% | Add +1.2% | 1,168,341 | $27.84M | No quote | No quote |
| 36 | SWP | STANLEY BLACK & DECKER INCPREF | 0.69% | Reduce -7.2% | 225,715 | $27.71M | No quote | No quote |
| 37 | NCMI | NATIONAL CINEMEDIA INC | 0.62% | - | 3,625,000 | $24.87M | $6.86 | No quote |
| 38 | AMTPRB | AMERICAN TOWER CORPPREF | 0.61% | Reduce -6.3% | 197,196 | $24.8M | No quote | No quote |
| 39 | STON | STONEMOR PARTNERS LP | 0.61% | Add +145.9% | 3,750,000 | $24.6M | No quote | No quote |
| 40 | EXXI | ENERGY XXI GULF COAST INC | 0.56% | - | 3,910,545 | $22.45M | No quote | No quote |
| 41 | ORIG | OCEAN RIG UDW INC | 0.53% | - | 794,183 | $21.28M | No quote | No quote |
| 42 | DCUD | DOMINION ENERGY INCPREF | 0.49% | Reduce -5.5% | 381,800 | $19.72M | No quote | No quote |
| 43 | DYNC | DYNEGY INCPREF | 0.48% | Add +24.0% | 242,400 | $19.2M | No quote | No quote |
| 44 | FRGI | FIESTA RESTAURANT GROUP INC | 0.45% | Add +243.3% | 950,000 | $18.05M | No quote | No quote |
| 45 | MPACU | MATLIN AND PARTNERS ACQUISITION CORP | 0.37% | - | 1,500,000 | $15.12M | No quote | No quote |
| 46 | WPXP | WPX ENERGY INCPREF | 0.37% | Reduce -4.8% | 238,100 | $14.73M | No quote | No quote |
| 47 | BATRK | LIBERTY MEDIA CORP-LIBERTY BRAVES | 0.34% | Reduce -36.6% | 613,717 | $13.64M | $22.22 | No quote |
| 48 | BACPRL | BANK OF AMERICA CORPPREF | 0.34% | Add +71.7% | 10,300 | $13.59M | $1318.93 | No quote |
| 49 | NEEPRQ | NEXTERA ENERGY INCPREF | 0.31% | New | 181,500 | $12.63M | No quote | No quote |
| 50 | TSQ | TOWNSQUARE MEDIA INC | 0.30% | - | 1,595,224 | $12.25M | No quote | No quote |
| 51 | VSH | VISHAY INTERTECHNOLOGY INC | 0.23% | Reduce -48.3% | 455,000 | $9.44M | $20.75 | No quote |
| 52 | LVNTA | LIBERTY VENTURES | 0.20% | Reduce -50.0% | 150,000 | $8.14M | No quote | No quote |
| 53 | UPL | ULTRA PETROLEUM CORP | 0.18% | - | 788,166 | $7.14M | No quote | No quote |
| 54 | MTG | MGIC INVESTMENT CORP | 0.17% | Reduce -60.5% | 500,000 | $7.06M | $14.11 | No quote |
| 55 | VEON | VEON LTD | 0.16% | - | 1,678,900 | $6.45M | No quote | No quote |
| 56 | BXE | BELLATRIX EXPLORATION LTD | 0.16% | - | 3,750,000 | $6.43M | No quote | No quote |
| 57 | RGS | REGIS CORP | 0.12% | - | 321,890 | $4.94M | No quote | No quote |
| 58 | ETP | ENERGY TRANSFER PARTNERS LP | 0.12% | - | 267,000 | $4.78M | No quote | No quote |
| 59 | EGLE | EAGLE BULK SHIPPING INC | 0.09% | - | 785,363 | $3.52M | No quote | No quote |
| 60 | MPO | MIDSTATES PETROLEUM CO INC | 0.08% | - | 204,107 | $3.38M | No quote | No quote |
| 61 | MBT | MOBILE TELESYSTEMS PJSC | 0.08% | - | 298,500 | $3.04M | No quote | No quote |
| 62 | XOG | EXTRACTION OIL & GAS INC | 0.07% | - | 202,787 | $2.9M | No quote | No quote |
| 63 | SD | SANDRIDGE ENERGY INC | 0.07% | - | 135,000 | $2.84M | $21.07 | No quote |
| 64 | CPLP | CAPITAL PRODUCT PARTNERS LP | 0.07% | - | 819,228 | $2.75M | No quote | No quote |
| 65 | PBR | PETROBRAS | 0.06% | - | 246,161 | $2.53M | $10.29 | No quote |
| 66 | OCSL | OAKTREE SPECIALTY LENDING CORP | 0.03% | New | 276,000 | $1.35M | $4.89 | No quote |
| 67 | INDA | ISHARES MSCI INDIA ETF | 0.02% | Add +14.9% | 25,500 | $920K | $36.08 | No quote |
| 68 | OCSI | OAKTREE STRATEGIC INCOME CORP | 0.01% | New | 57,600 | $484K | No quote | No quote |
| 80 | YNDX | YANDEX NV | - | Sold | 0 | $0 | No quote | No quote |
| 79 | SPY | SPDR S&P500 ETF TRUST | - | Sold | 0 | $0 | No quote | No quote |
| 78 | XHB | SPDR S&P HOMEBUILDERS ETF | - | Sold | 0 | $0 | No quote | No quote |
| 77 | SGH | SMART GLOBAL HOLDINGS INC | - | Sold | 0 | $0 | No quote | No quote |
| 76 | QQQ | POWERSHARES QQQ TRUST SERIES 1 | - | Sold | 0 | $0 | No quote | No quote |
| 75 | KMIPRA | KINDER MORGAN INC/DE | - | Sold | 0 | $0 | No quote | No quote |
| 74 | GGB | GERDAU SA -SPON ADR | - | Sold | 0 | $0 | No quote | No quote |
| 73 | XCOO | EXCO RESOURCES INC | - | Sold | 0 | $0 | No quote | No quote |
| 72 | MCF | CONTANGO OIL & GAS CO | - | Sold | 0 | $0 | No quote | No quote |
| 71 | CIT | CIT GROUP INC | - | Sold | 0 | $0 | No quote | No quote |
| 70 | BCEI | BONANZA CREEK ENERGY INC | - | Sold | 0 | $0 | No quote | No quote |
| 69 | AGNPRA | ALLERGAN PLC | - | 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 | AKAM | AKAMAI TECHNOLOGIES INCCONVERTIBLE BOND | OTHER | 61,389,000 | $61.89M |
| 2 | CTXS | CITRIX SYSTEMS INCCONVERTIBLE BOND | OTHER | 46,643,000 | $60.43M |
| 3 | ACR 4.5 08/15/22 | RESOURCE CAPITAL CORPCONVERTIBLE BOND | OTHER | 58,335,000 | $55.27M |
| 4 | ILMN | ILLUMINA INCCONVERTIBLE BOND | OTHER | 49,210,000 | $53.64M |
| 5 | YHOO | ALTABA INCCONVERTIBLE BOND | OTHER | 32,421,000 | $43.79M |
| 6 | ARI 4.75 08/23/22 | APOLLO COMMERCIAL REAL ESTATE FINANCE INCCONVERTIBLE BOND | OTHER | 42,850,000 | $43.63M |
| 7 | - | BLACKSTONE MORTGAGE TRUST INCCONVERTIBLE BOND | OTHER | 42,570,000 | $43.39M |
| 8 | ON 1 12/01/20 | ON SEMICONDUCTOR CORPCONVERTIBLE BOND | OTHER | 33,025,000 | $42.31M |
| 9 | DY 0.75 09/15/21 | DYCOM INDUSTRIES INCCONVERTIBLE BOND | OTHER | 31,221,000 | $40.86M |
| 10 | - | LIVE NATION ENTERTAINMENT INCCONVERTIBLE BOND | OTHER | 29,251,000 | $37.9M |
| 11 | MDRX 1.25 07/01/20 | ALLSCRIPTS HEALTHCARE SOLUTIONS INCCONVERTIBLE BOND | OTHER | 35,233,000 | $37.81M |
| 12 | CRK | COMSTOCK RESOURCES INCCONVERTIBLE BOND | OTHER | 39,279,264 | $36.53M |
| 13 | RSO | RESOURCE CAPITAL CORPCONVERTIBLE BOND | OTHER | 34,928,000 | $35.5M |
| 14 | CY | CYPRESS SEMICONDUCTOR CORPCONVERTIBLE BOND | OTHER | 26,316,000 | $34.61M |
| 15 | CKH 3 11/15/28 | SEACOR HOLDINGS INCCONVERTIBLE BOND | OTHER | 33,867,000 | $32.15M |
| 16 | IONS 1 11/15/21 | IONIS PHARMACEUTICALS INCCONVERTIBLE BOND | OTHER | 30,365,000 | $32.13M |
| 17 | KBH | KB HOMECONVERTIBLE BOND | OTHER | 25,945,000 | $31.88M |
| 18 | - | INTEGRATED DEVICE TECHNOLOGY INCCONVERTIBLE BOND | OTHER | 27,725,000 | $31M |
| 19 | BMRN | BIOMARIN PHARMACEUTICAL INCCONVERTIBLE BOND | OTHER | 25,915,000 | $30.82M |
| 20 | HLF | HERBALIFE LTDCONVERTIBLE BOND | OTHER | 30,185,000 | $30.41M |
| 21 | PMT 5.375 05/01/20 | PENNYMAC CORPCONVERTIBLE BOND | OTHER | 28,732,000 | $28.43M |
| 22 | PANW | PALO ALTO NETWORKS INCCONVERTIBLE BOND | OTHER | 19,535,000 | $26.8M |
| 23 | - | WEATHERFORD INTERNATIONAL LTDCONVERTIBLE BOND | OTHER | 24,500,000 | $26.61M |
| 24 | HURN | HURON CONSULTING GROUP INCCONVERTIBLE BOND | OTHER | 28,161,000 | $26.35M |
| 25 | SSRMCN 2.875 02/01/33 | SSR MINING INCCONVERTIBLE BOND | OTHER | 26,482,000 | $25.95M |
| 26 | TWTR 1 09/15/21 | TWITTER INCCONVERTIBLE BOND | OTHER | 27,030,000 | $25.88M |
| 27 | VER | VEREIT INCCONVERTIBLE BOND | OTHER | 25,360,000 | $25.39M |
| 28 | HZNP 2.5 03/15/22 | HORIZON PHARMA INVESTMENT LTDCONVERTIBLE BOND | OTHER | 26,127,000 | $24.4M |
| 29 | - | MARRIOTT VACATIONS WORLDWIDE CORPCONVERTIBLE BOND | OTHER | 21,620,000 | $24.25M |
| 30 | GMED 2.25 03/15/21 | NUVASIVE INCCONVERTIBLE BOND | OTHER | 20,500,000 | $24.14M |
| 31 | PEGI 4 07/15/20 | PATTERN ENERGY GROUP INCCONVERTIBLE BOND | OTHER | 23,665,000 | $24.12M |
| 32 | - | RTI INTERNATIONAL METALS INCCONVERTIBLE BOND | OTHER | 20,830,000 | $23.88M |
| 33 | PRAA 3 08/01/20 | PRA GROUP INCCONVERTIBLE BOND | OTHER | 23,776,000 | $22.82M |
| 34 | ICPT 3.25 07/01/23 | INTERCEPT PHARMACEUTICALS INCCONVERTIBLE BOND | OTHER | 28,415,000 | $22.73M |
| 35 | THRX | INNOVIVA INCCONVERTIBLE BOND | OTHER | 21,950,000 | $21.81M |
| 36 | SFL 5.75 10/15/21 | SHIP FINANCE INTERNATIONAL LTDCONVERTIBLE BOND | OTHER | 20,295,000 | $21.77M |
| 37 | TCOM 1 07/01/20 | CTRIP.COM INTERNATIONAL LTDCONVERTIBLE BOND | OTHER | 20,670,000 | $21.16M |
| 38 | MU | MICRON TECHNOLOGY INCCONVERTIBLE BOND | OTHER | 14,381,000 | $20.81M |
| 39 | - | BROOKDALE SENIOR LIVING INCCONVERTIBLE BOND | OTHER | 20,722,000 | $20.73M |
| 40 | PODD | INSULET CORPCONVERTIBLE BOND | OTHER | 15,800,000 | $20.68M |
| 41 | - | REDWOOD TRUST INCCONVERTIBLE BOND | OTHER | 20,189,000 | $20.44M |
| 42 | - | NAVISTAR INTERNATIONAL CORPCONVERTIBLE BOND | OTHER | 17,980,000 | $19.53M |
| 43 | CRK | COMSTOCK RESOURCES INCCONVERTIBLE BOND | OTHER | 20,719,978 | $19.17M |
| 44 | EZPW 2.375 05/01/25 | EZCORP INCCONVERTIBLE BOND | OTHER | 17,705,000 | $18.3M |
| 45 | - | GRANITE POINT MORTGAGE TRUST INCCONVERTIBLE BOND | OTHER | 18,100,000 | $18.05M |
| 46 | HASI 4.125 09/01/22 | HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INCCONVERTIBLE BOND | OTHER | 17,245,000 | $17.78M |
| 47 | ENV | ENVESTNET INCCONVERTIBLE BOND | OTHER | 17,032,000 | $17.71M |
| 48 | TWO 6.25 01/15/22 | TWO HARBORS INVESTMENT CORPCONVERTIBLE BOND | OTHER | 16,520,000 | $17.54M |
| 49 | - | OASIS PETROLEUM INCCONVERTIBLE BOND | OTHER | 16,105,000 | $17.35M |
| 50 | BGC | GENERAL CABLE CORPCONVERTIBLE BOND | OTHER | 16,285,000 | $17.25M |
| 51 | NYMT 6.25 01/15/22 | NEW YORK MORTGAGE TRUST INCCONVERTIBLE BOND | OTHER | 16,780,000 | $17.18M |
| 52 | - | CEMEX SAB DE CVCONVERTIBLE BOND | OTHER | 16,500,000 | $17.12M |
| 53 | DBRG 3.875 01/15/21 | COLONY NORTHSTAR INCCONVERTIBLE BOND | OTHER | 16,638,000 | $16.62M |
| 54 | CAMP 1.625 05/15/20 | CALAMP CORPCONVERTIBLE BOND | OTHER | 15,230,000 | $16.18M |
| 55 | ECPG | ENCORE CAPITAL GROUP INCCONVERTIBLE BOND | OTHER | 14,396,000 | $16.02M |
| 56 | - | CSG SYSTEMS INTERNATIONAL INCCONVERTIBLE BOND | OTHER | 14,501,000 | $15.84M |
| 57 | - | IMPAX LABORATORIES INCCONVERTIBLE BOND | OTHER | 15,750,000 | $15.36M |
| 58 | FWONK 1 01/30/23 | LIBERTY MEDIA CORPCONVERTIBLE BOND | OTHER | 12,874,000 | $14.88M |
| 59 | VRNT | VERINT SYSTEMS INCCONVERTIBLE BOND | OTHER | 15,190,000 | $14.83M |
| 60 | ANIP | ANI PHARMACEUTICALS INCCONVERTIBLE BOND | OTHER | 12,719,000 | $14.67M |
| 61 | - | HELIX ENERGY SOLUTIONS GROUP INCCONVERTIBLE BOND | OTHER | 14,095,000 | $14.13M |
| 62 | - | YANDEX NVCONVERTIBLE BOND | OTHER | 14,138,000 | $14M |
| 63 | VGR | VECTOR GROUP LTDCONVERTIBLE BOND | OTHER | 11,945,000 | $13.82M |
| 64 | - | COWEN INCCONVERTIBLE BOND | OTHER | 13,020,000 | $13.3M |
| 65 | - | TITAN MACHINERY INCCONVERTIBLE BOND | OTHER | 13,337,000 | $13.28M |
| 66 | Z 1.5 07/01/23 | ZILLOW GROUP INCCONVERTIBLE BOND | OTHER | 12,120,000 | $13.27M |
| 67 | QDEL | QUIDEL CORPCONVERTIBLE BOND | OTHER | 8,593,000 | $13M |
| 68 | SCTY | SOLARCITY CORPCONVERTIBLE BOND | OTHER | 13,650,000 | $12.7M |
| 69 | TEVA 0.25 02/01/26 C | TEVA PHARMACEUTICAL FINANCE CO LLCCONVERTIBLE BOND | OTHER | 14,305,000 | $12.62M |
| 70 | ECHO 2.5 05/01/20 | ECHO GLOBAL LOGISTICS INCCONVERTIBLE BOND | OTHER | 12,135,000 | $12.59M |
| 71 | SPWR 4 01/15/23 | SUNPOWER CORPCONVERTIBLE BOND | OTHER | 14,697,000 | $12.58M |
| 72 | - | TPG SPECIALTY LENDING INCCONVERTIBLE BOND | OTHER | 12,163,000 | $12.57M |
| 73 | BKNG 0.9 09/15/21 | PRICELINE GROUP INC/THECONVERTIBLE BOND | OTHER | 10,671,000 | $12.51M |
| 74 | - | CANADIAN SOLAR INCCONVERTIBLE BOND | OTHER | 12,705,000 | $12.44M |
| 75 | WLL 1.25 04/01/20 | WHITING PETROLEUM CORPCONVERTIBLE BOND | OTHER | 13,432,000 | $12.42M |
| 76 | LNG | CHENIERE ENERGY INCCONVERTIBLE BOND | OTHER | 17,219,000 | $12.3M |
| 77 | TPC 2.875 06/15/21 | TUTOR PERINI CORPCONVERTIBLE BOND | OTHER | 10,625,000 | $11.77M |
| 78 | WMC 6.75 10/01/22 | WESTERN ASSET MORTGAGE CAPITAL CORPCONVERTIBLE BOND | OTHER | 11,873,000 | $11.75M |
| 79 | ACOR | ACORDA THERAPEUTICS INCCONVERTIBLE BOND | OTHER | 13,785,000 | $11.74M |
| 80 | - | PROOFPOINT INCCONVERTIBLE BOND | OTHER | 9,332,000 | $11.72M |
| 81 | ABR | ARBOR REALTY TRUST INCCONVERTIBLE BOND | OTHER | 11,480,000 | $11.67M |
| 82 | - | NEW MOUNTAIN FINANCE CORPCONVERTIBLE BOND | OTHER | 11,005,000 | $11.33M |
| 83 | HLX 4.25 05/01/22 | HELIX ENERGY SOLUTIONS GROUP INCCONVERTIBLE BOND | OTHER | 10,825,000 | $10.81M |
| 84 | - | SPIRIT REALTY CAPITAL INCCONVERTIBLE BOND | OTHER | 10,238,000 | $10.28M |
| 85 | FOR 3.75 03/01/20 | FORESTAR GROUP INCCONVERTIBLE BOND | OTHER | 10,018,000 | $10.19M |
| 86 | ECPG 2.875 03/15/21 | ENCORE CAPITAL GROUP INCCONVERTIBLE BOND | OTHER | 10,141,000 | $9.94M |
| 87 | - | IRONWOOD PHARMACEUTICALS INCCONVERTIBLE BOND | OTHER | 8,310,000 | $9.66M |
| 88 | BMRN | BIOMARIN PHARMACEUTICAL INCCONVERTIBLE BOND | OTHER | 8,786,000 | $9.55M |
| 89 | - | BLACKROCK CAPITAL INVESTMENT CORPCONVERTIBLE BOND | OTHER | 9,015,000 | $9.39M |
| 90 | TER | TERADYNE INCCONVERTIBLE BOND | OTHER | 6,538,000 | $9.35M |
| 91 | - | MODUSLINK GLOBAL SOLUTIONS INCCONVERTIBLE BOND | OTHER | 9,020,000 | $9.01M |
| 92 | ARRY | ARRAY BIOPHARMA INCCONVERTIBLE BOND | OTHER | 8,000,000 | $9.01M |
| 93 | ARCC 4.625 03/01/24 | ARES CAPITAL CORPCONVERTIBLE BOND | OTHER | 8,476,000 | $8.69M |
| 94 | - | AMAG PHARMACEUTICALS INCCONVERTIBLE BOND | OTHER | 10,030,000 | $8.63M |
| 95 | - | NAVISTAR INTERNATIONAL CORPCONVERTIBLE BOND | OTHER | 7,915,000 | $8.2M |
| 96 | - | TCP CAPITAL CORPCONVERTIBLE BOND | OTHER | 7,356,000 | $7.71M |
| 97 | HCI 4.25 03/01/37 | HCI GROUP INCCONVERTIBLE BOND | OTHER | 7,750,000 | $7.63M |
| 98 | - | PTC THERAPEUTICS INCCONVERTIBLE BOND | OTHER | 9,510,000 | $7.42M |
| 99 | - | SUCAMPO PHARMACEUTICALS INCCONVERTIBLE BOND | OTHER | 6,045,000 | $7.36M |
| 100 | - | WAYFAIR INCCONVERTIBLE BOND | OTHER | 7,000,000 | $7.32M |
| 101 | PDLI | PDL BIOPHARMA INCCONVERTIBLE BOND | OTHER | 7,287,000 | $7.3M |
| 102 | PDCE 1.125 09/15/21 | PDC ENERGY INCCONVERTIBLE BOND | OTHER | 7,140,000 | $6.98M |
| 103 | - | AEROJET ROCKETDYNE HOLDINGS INCCONVERTIBLE BOND | OTHER | 4,895,000 | $6.76M |
| 104 | VIAV 1 03/01/24 | VIAVI SOLUTIONS INCCONVERTIBLE BOND | OTHER | 6,155,000 | $6.36M |
| 105 | - | PROSPECT CAPITAL CORPCONVERTIBLE BOND | OTHER | 6,299,000 | $6.35M |
| 106 | STWD 4.375 04/01/23 | STARWOOD PROPERTY TRUST INCCONVERTIBLE BOND | OTHER | 5,905,000 | $6.03M |
| 107 | MRVL 0.75 09/01/21 | INPHI CORPCONVERTIBLE BOND | OTHER | 6,000,000 | $5.97M |
| 108 | - | BLACKHAWK NETWORK HOLDINGS INCCONVERTIBLE BOND | OTHER | 5,750,000 | $5.87M |
| 109 | JAZZ 1.875 08/15/21 | JAZZ INVESTMENTS I LTDCONVERTIBLE BOND | OTHER | 5,775,000 | $5.81M |
| 110 | - | DHT HOLDINGS INCCONVERTIBLE BOND | OTHER | 5,901,000 | $5.78M |
| 111 | NUAN 1.5 11/01/35 | NUANCE COMMUNICATIONS INCCONVERTIBLE BOND | OTHER | 5,500,000 | $5.69M |
| 112 | EFII | ELECTRONICS FOR IMAGING INCCONVERTIBLE BOND | OTHER | 5,661,000 | $5.47M |
| 113 | - | ENSCO JERSEY FINANCE LTDCONVERTIBLE BOND | OTHER | 6,045,000 | $5.4M |
| 114 | - | GSV CAPITAL CORPCONVERTIBLE BOND | OTHER | 4,960,000 | $5M |
| 115 | VTOL | BRISTOW GROUP INCCONVERTIBLE BOND | OTHER | 4,500,000 | $4.98M |
| 116 | - | ATLAS AIR WORLDWIDE HOLDINGS INCCONVERTIBLE BOND | OTHER | 4,275,000 | $4.92M |
| 117 | PDLI | PDL BIOPHARMA INCCONVERTIBLE BOND | OTHER | 5,000,000 | $4.83M |
| 118 | GPRE 4.125 09/01/22 | GREEN PLAINS INCCONVERTIBLE BOND | OTHER | 5,100,000 | $4.82M |
| 119 | GSBD 4.5 04/01/22 | GOLDMAN SACHS BDC INCCONVERTIBLE BOND | OTHER | 4,635,000 | $4.81M |
| 120 | ASRT 2.5 09/01/21 | DEPOMED INCCONVERTIBLE BOND | OTHER | 5,255,000 | $4.46M |
| 121 | SM 1.5 07/01/21 | SM ENERGY COCONVERTIBLE BOND | OTHER | 4,208,000 | $4.14M |
| 122 | - | BLACKROCK CAPITAL INVESTMENT CORPCONVERTIBLE BOND | OTHER | 4,000,000 | $4.05M |
| 123 | MNDT 1 06/01/35 A | FIREEYE INCCONVERTIBLE BOND | OTHER | 4,295,000 | $4.03M |
| 124 | IDCC 1.5 03/01/20 | INTERDIGITAL INC/PACONVERTIBLE BOND | OTHER | 3,000,000 | $3.59M |
| 125 | SFLY | SHUTTERFLY INCCONVERTIBLE BOND | OTHER | 3,095,000 | $3.1M |
| 126 | - | ATLAS AIR WORLDWIDE HOLDINGS INCCONVERTIBLE BOND | OTHER | 2,500,000 | $2.96M |
| 127 | - | ALASKA COMMUNICATIONS SYSTEMS GROUP INCCONVERTIBLE BOND | OTHER | 1,227,000 | $1.25M |
| 128 | REGI | RENEWABLE ENERGY GROUP INCCONVERTIBLE BOND | OTHER | 1,009,000 | $1.05M |
| 129 | - | SPECTRUM PHARMACEUTICALS INCCONVERTIBLE BOND | OTHER | 400,000 | $744K |
| 130 | - | CHART INDUSTRIES INCCONVERTIBLE BOND | OTHER | 565,000 | $566K |
| 131 | CKH 3 11/15/28 | SEACOR HOLDINGS INCCONVERTIBLE BOND | OTHER | 385,000 | $392K |
| 152 | WMGI | WRIGHT MEDICAL GROUP INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 151 | VSI 2.25 12/01/20 | VITAMIN SHOPPE INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 150 | - | TICC CAPITAL CORPCV SR UNSEC NT | OTHER | 0 | $0 |
| 149 | TSLA 1.25 03/01/21 | TESLA INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 148 | STWD | STARWOOD PROPERTY TRUST INCCV SR UNSEC NT REIT | OTHER | 0 | $0 |
| 147 | - | REDWOOD TRUST INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 146 | RDUS 3 09/01/24 | RADIUS HEALTH INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 145 | - | NEVRO CORPCV SR UNSEC NT | OTHER | 0 | $0 |
| 144 | MHO | M/I HOMES INCCV SR SUB NT PNC | OTHER | 0 | $0 |
| 143 | FWONK 1 01/30/23 | LIBERTY MEDIA CORPCV SR UNSEC NT (EXCH: TWX) | OTHER | 0 | $0 |
| 142 | - | LIBERTY INTERACTIVE LLCCV SR UNSEC NT 144A (EX: CHTR) | OTHER | 0 | $0 |
| 141 | - | K HOVNANIAN ENTERPRISES INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 140 | - | JEFFERIES GROUP LLCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 139 | - | GOGO INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 138 | DBRG 3.875 01/15/21 | COLONY NORTHSTAR INCCV SR UNSEC NT REIT PNC | OTHER | 0 | $0 |
| 137 | CATM 1 12/01/20 | CARDTRONICS INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 136 | - | CALATLANTIC GROUP INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 135 | BMRN 0.599 08/01/24 | BIOMARIN PHARMACEUTICAL INCCV SR SUB NT | OTHER | 0 | $0 |
| 134 | - | APOLLO COMMERCIAL REAL ESTATE FINANCE INCCV SR UNSEC NT REIT | OTHER | 0 | $0 |
| 133 | ACET | ACETO CORPCV SR UNSEC NT | OTHER | 0 | $0 |
| 132 | - | 51JOB INCCV SR NT | OTHER | 0 | $0 |