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 47 of 246 rows. Rows without a quote are marked unavailable.
| 1 | VST | VISTRA ENERGY CORP | 19.77% | Reduce -15.6% | 30,157,877 | $690.31M | $22.89 | No quote |
| 2 | TRMD | TORM PLC | 9.15% | - | 47,600,172 | $319.74M | $6.72 | No quote |
| 3 | SBLK | STAR BULK CARRIERS CORP | 8.94% | Add +11.8% | 34,161,751 | $312.24M | $9.14 | No quote |
| 4 | ALLY | ALLY FINANCIAL INC | 7.61% | Add +34.6% | 11,723,541 | $265.66M | $22.66 | No quote |
| 5 | TSM | TAIWAN SEMICONDUCTOR-SP ADR | 4.07% | Add +6.1% | 3,848,577 | $142.05M | $36.91 | No quote |
| 6 | EGLE | EAGLE BULK SHIPPING INC | 3.45% | Add +3224.5% | 26,109,536 | $120.37M | No quote | No quote |
| 7 | NMIH | NMI HOLDINGS INC | 2.90% | - | 5,681,992 | $101.42M | $17.85 | No quote |
| 8 | ITUB | ITAU UNIBANCO H-SPON PRF ADR | 2.88% | Add +46.0% | 11,002,800 | $100.57M | $9.14 | No quote |
| 9 | IBN | ICICI BANK LTD-SPON ADR | 2.77% | Reduce -10.7% | 9,406,242 | $96.79M | $10.29 | No quote |
| 10 | INFN | INFINERA CORP | 2.40% | New | 20,975,384 | $83.69M | No quote | No quote |
| 11 | CZR | CAESARS ENTERTAINMENT CORP | 1.94% | New | 10,000,000 | $67.9M | $6.79 | No quote |
| 12 | PBR-A | PETROLEO BRASIL-SP PREF ADR | 1.84% | Reduce -31.8% | 5,552,116 | $64.35M | $11.59 | No quote |
| 13 | EURN | EURONAV NV | 1.82% | Add +0.1% | 9,191,069 | $63.69M | No quote | No quote |
| 14 | VICI | VICI PROPERTIES INC | 1.54% | Reduce -20.0% | 2,861,319 | $53.74M | $18.78 | No quote |
| 15 | CEO | CNOOC LTD-SPON ADR | 1.38% | Add +14.5% | 315,837 | $48.15M | No quote | No quote |
| 16 | BABA | ALIBABA GROUP HOLDING-SP ADR | 1.25% | New | 318,380 | $43.64M | $137.07 | No quote |
| 17 | AZUL | AZUL SA-ADR | 1.14% | Reduce -23.0% | 1,442,364 | $39.94M | No quote | No quote |
| 18 | VALE | VALE SA-SP ADR | 1.14% | Reduce -8.7% | 3,016,925 | $39.79M | $13.19 | No quote |
| 19 | AU | ANGLOGOLD ASHANTI-SPON ADR | 1.11% | Reduce -21.3% | 3,076,238 | $38.61M | $12.55 | No quote |
| 20 | BCEI | BONANZA CREEK ENERGY INC | 1.01% | Add +197.6% | 1,700,156 | $35.14M | No quote | No quote |
| 21 | INFY | INFOSYS LTD-SP ADR | 0.90% | Reduce -28.9% | 3,308,499 | $31.5M | $9.52 | No quote |
| 22 | CCS | CENTURY COMMUNITIES INC | 0.90% | - | 1,819,003 | $31.4M | $17.26 | No quote |
| 23 | STKL | SUNOPTA INC | 0.90% | - | 8,092,699 | $31.32M | $3.87 | No quote |
| 24 | BRFS | BRF SA-ADR | 0.88% | Add +6.1% | 5,430,905 | $30.85M | No quote | No quote |
| 25 | YUMC | YUM CHINA HOLDINGS INC | 0.86% | Add +46.5% | 900,168 | $30.18M | $33.53 | No quote |
| 26 | PCG | PG&E CORP | 0.83% | - | 1,215,000 | $28.86M | $23.75 | No quote |
| 27 | AABA | ALTABA INC | 0.80% | - | 483,866 | $28.04M | No quote | No quote |
| 28 | CX | CEMEX SAB-SPONS ADR PART CER | 0.79% | Add +19.8% | 5,759,215 | $27.76M | $4.82 | No quote |
| 29 | NEEPRR | NEXTERA ENERGY INC | 0.79% | Add +2.7% | 481,390 | $27.75M | No quote | No quote |
| 30 | DCUD | DOMINION ENERGY INC | 0.73% | Add +452.1% | 535,500 | $25.63M | No quote | No quote |
| 31 | WB | WEIBO CORP-SPON ADR | 0.72% | Add +6.2% | 431,600 | $25.22M | $58.43 | No quote |
| 32 | CCIPRA | CROWN CASTLE INTERNATIONAL CORP | 0.70% | Reduce -27.5% | 23,187 | $24.4M | No quote | No quote |
| 33 | CTRA | CONTURA ENERGY INC | 0.67% | New | 355,590 | $23.38M | $65.74 | No quote |
| 34 | MTG | MGIC INVESTMENT CORP | 0.66% | Add +35.4% | 2,220,000 | $23.22M | $10.46 | No quote |
| 35 | COOP | MR COOPER GROUP INC | 0.64% | New | 1,927,544 | $22.5M | No quote | No quote |
| 36 | VRS | VERSO CORP | 0.62% | - | 961,319 | $21.53M | No quote | No quote |
| 37 | XEC | CIMAREX ENERGY CO | 0.60% | Add +142.1% | 341,630 | $21.06M | No quote | No quote |
| 38 | MX | MAGNACHIP SEMICONDUCTOR CORP | 0.58% | - | 3,250,000 | $20.18M | $6.21 | No quote |
| 39 | SREMP | SEMPRA ENERGY | 0.56% | Add +21.8% | 203,010 | $19.58M | No quote | No quote |
| 40 | HK | HALCON RESOURCES CORP | 0.56% | Add +805.5% | 11,500,000 | $19.55M | No quote | No quote |
| 41 | CJ | C&J ENERGY SERVICES INC | 0.51% | New | 1,325,000 | $17.89M | No quote | No quote |
| 42 | YNDX | YANDEX NV-A | 0.47% | New | 600,903 | $16.44M | No quote | No quote |
| 43 | TEO | TELECOM ARGENTINA SA | 0.42% | Add +31.8% | 939,000 | $14.61M | $15.56 | No quote |
| 44 | QTTTP | QTS REALTY TRUST INC | 0.41% | Add +3.6% | 153,340 | $14.46M | No quote | No quote |
| 45 | BATRK | LIBERTY MEDIA CORP-LIBERTY BRAVES | 0.41% | - | 570,102 | $14.19M | $24.89 | No quote |
| 46 | BDXA | BECTON DICKINSON AND CO | 0.37% | Reduce -65.7% | 224,820 | $12.97M | No quote | No quote |
| 47 | NXPI | NXP SEMICONDUCTORS NV | 0.37% | Add +6.2% | 176,300 | $12.92M | $73.28 | No quote |
| 48 | RDC | ROWAN COS PLC | 0.33% | New | 1,394,146 | $11.7M | No quote | No quote |
| 49 | DTV | DTE ENERGY CO | 0.32% | New | 215,000 | $11.11M | No quote | No quote |
| 50 | PAM | PAMPA ENERGIA SA | 0.31% | Add +41.0% | 338,500 | $10.77M | No quote | No quote |
| 51 | IFFIU | INTERNATIONAL FLAVORS & FRAGRANCES INC | 0.28% | Reduce -24.2% | 189,500 | $9.61M | No quote | No quote |
| 52 | YETI | YETI HOLDINGS INC | 0.27% | New | 633,938 | $9.41M | $14.84 | No quote |
| 53 | STON | STONEMOR PARTNERS LP | 0.27% | - | 4,477,857 | $9.4M | No quote | No quote |
| 54 | DYNC | VISTRA ENERGY CORP | 0.26% | Add +62.7% | 100,400 | $9.16M | No quote | No quote |
| 55 | TGS | TRANSPORTADORA DE GAS DEL SUR SA | 0.22% | Add +57.2% | 503,000 | $7.55M | No quote | No quote |
| 56 | WFCPRL | WELLS FARGO & CO | 0.21% | Reduce -7.5% | 5,819 | $7.34M | $1261.90 | No quote |
| 57 | TSQ | TOWNSQUARE MEDIA INC | 0.19% | - | 1,595,224 | $6.51M | No quote | No quote |
| 58 | GLIBA | GCI LIBERTY INC | 0.18% | - | 150,000 | $6.17M | $41.16 | No quote |
| 59 | BACPRL | BANK OF AMERICA CORP | 0.17% | Reduce -38.2% | 4,700 | $5.89M | $1252.34 | No quote |
| 60 | HYG | ISHARES IBOXX HIGH YIELD CORPORATE BOND ETF | 0.14% | New | 61,500 | $4.99M | No quote | No quote |
| 61 | SJISU | SOUTH JERSEY INDUSTRIES INC | 0.13% | Reduce -69.0% | 93,000 | $4.37M | No quote | No quote |
| 62 | NOG | NORTHERN OIL AND GAS INC | 0.12% | Reduce -59.2% | 1,789,667 | $4.05M | $2.26 | No quote |
| 63 | VEON | VEON LTD | 0.11% | - | 1,678,900 | $3.93M | No quote | No quote |
| 64 | OIBZQ | OI SA | 0.10% | Add +7.1% | 2,201,646 | $3.52M | No quote | No quote |
| 65 | BELFB | BEL FUSE INC | 0.09% | - | 175,060 | $3.23M | $18.42 | No quote |
| 66 | OCSI | OAKTREE STRATEGIC INCOME CORP | 0.09% | - | 392,000 | $3.04M | No quote | No quote |
| 67 | MBT | MOBILE TELESYSTEMS PJSC | 0.06% | - | 298,500 | $2.09M | No quote | No quote |
| 68 | TRCO | TRIBUNE MEDIA CO | 0.05% | Reduce -99.3% | 39,551 | $1.8M | No quote | No quote |
| 69 | CPLP | CAPITAL PRODUCT PARTNERS LP | 0.05% | - | 819,228 | $1.71M | No quote | No quote |
| 70 | FPI | FARMLAND PARTNERS INC | 0.05% | Add +8.7% | 350,000 | $1.59M | No quote | No quote |
| 71 | BXE | BELLATRIX EXPLORATION LTD | 0.04% | - | 3,350,000 | $1.55M | No quote | No quote |
| 72 | MPO | MIDSTATES PETROLEUM CO INC | 0.04% | - | 190,307 | $1.43M | No quote | No quote |
| 73 | OCSL | OAKTREE SPECIALTY LENDING CORP | 0.03% | - | 276,000 | $1.17M | $4.23 | No quote |
| 74 | INDA | ISHARES MSCI INDIA ETF | 0.03% | Add +5.0% | 33,300 | $1.11M | $33.33 | No quote |
| 75 | SD | SANDRIDGE ENERGY INC | 0.03% | - | 135,000 | $1.03M | $7.61 | No quote |
| 76 | BELFA | BEL FUSE INC | 0.03% | - | 71,613 | $985K | No quote | No quote |
| 77 | XOG | EXTRACTION OIL & GAS INC | 0.02% | - | 172,787 | $741K | No quote | No quote |
| 78 | UPL | ULTRA PETROLEUM CORP | 0.01% | Reduce -6.9% | 636,225 | $486K | No quote | No quote |
| 94 | WMIH | WMIH CORP | - | Sold | 0 | $0 | No quote | No quote |
| 93 | SMH | VANECK VECTORS SEMICONDUCTOR ETF | - | Sold | 0 | $0 | No quote | No quote |
| 92 | SMCI | SUPER MICRO COMPUTER INC | - | Sold | 0 | $0 | No quote | No quote |
| 91 | SWP | STANLEY BLACK & DECKER INC | - | Sold | 0 | $0 | No quote | No quote |
| 90 | SPY | SPDR S&P500 ETF TRUST | - | Sold | 0 | $0 | No quote | No quote |
| 89 | SIGA | SIGA TECHNOLOGIES INC | - | Sold | 0 | $0 | No quote | No quote |
| 88 | SSYYP | SEMPRA ENERGY | - | Sold | 0 | $0 | No quote | No quote |
| 87 | MU | MICRON TECHNOLOGY INC | - | Sold | 0 | $0 | No quote | No quote |
| 86 | MPACU | MATLIN AND PARTNERS ACQUISITION CORP | - | Sold | 0 | $0 | No quote | No quote |
| 85 | HESPRA | HESS CORP | - | Sold | 0 | $0 | No quote | No quote |
| 84 | FTVVP | FORTIVE CORP | - | Sold | 0 | $0 | No quote | No quote |
| 83 | EXXI | ENERGY XXI GULF COAST INC | - | Sold | 0 | $0 | No quote | No quote |
| 82 | CMLS | CUMULUS MEDIA INC | - | Sold | 0 | $0 | No quote | No quote |
| 81 | CTRP | CTRIP.COM INTERNATIONAL-ADR | - | Sold | 0 | $0 | No quote | No quote |
| 80 | CTB | COOPER TIRE & RUBBER CO | - | Sold | 0 | $0 | No quote | No quote |
| 79 | BBD | BANCO BRADESCO-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 | AKAM | AKAMAI TECHNOLOGIES INCCV SR UNSEC NT | OTHER | 68,905,000 | $68.65M |
| 2 | RGLD | ROYAL GOLD INCCV SR UNSEC NT PNC | OTHER | 48,549,000 | $48.91M |
| 3 | - | MACQUARIE INFRASTRUCTURE CORPCV SR UNSEC NT | OTHER | 48,753,000 | $48.57M |
| 4 | ACR 4.5 08/15/22 | EXANTAS CAPITAL CORPCV SR UNSEC NT | OTHER | 46,064,000 | $44.57M |
| 5 | - | SPIRIT REALTY CAPITAL INCCV SR UNSEC NT REIT | OTHER | 41,617,000 | $41.61M |
| 6 | TEVA 0.25 02/01/26 C | TEVA PHARMACEUTICAL FINANCE CO LLCCV SR UNSEC NT | OTHER | 43,393,000 | $39.38M |
| 7 | PEGI 4 07/15/20 | PATTERN ENERGY GROUP INCCV SR UNSEC NT | OTHER | 39,622,000 | $39.15M |
| 8 | EFII | ELECTRONICS FOR IMAGING INCCV SR UNSEC NT | OTHER | 37,045,000 | $36.16M |
| 9 | - | BLACKSTONE MORTGAGE TRUST INCCV SR UNSEC NT | OTHER | 36,346,000 | $35.55M |
| 10 | - | NAVISTAR INTERNATIONAL CORPCV SR SUB NT PNC | OTHER | 35,087,000 | $35.09M |
| 11 | ARI 4.75 08/23/22 | APOLLO COMMERCIAL REAL ESTATE FINANCE INCCV SR UNSEC NT | OTHER | 36,338,000 | $34.12M |
| 12 | SSRMCN 2.875 02/01/33 | SSR MINING INCCV SR UNSEC NT PNC | OTHER | 33,981,000 | $33.9M |
| 13 | - | WEATHERFORD INTERNATIONAL LTDCV SR UNSEC NT | OTHER | 52,462,000 | $33.41M |
| 14 | TSLA 1.25 03/01/21 | TESLA INCCV SR UNSEC NT | OTHER | 29,105,000 | $32.77M |
| 15 | KBH | KB HOMECV SR UNSEC NT | OTHER | 32,619,000 | $32.54M |
| 16 | HURN | HURON CONSULTING GROUP INCCV SR UNSEC NT | OTHER | 32,260,000 | $31.77M |
| 17 | IONS 1 11/15/21 | IONIS PHARMACEUTICALS INCCV SR UNSEC NT | OTHER | 29,050,000 | $31.23M |
| 18 | CATM 1 12/01/20 | CARDTRONICS INCCV SR UNSEC NT | OTHER | 32,947,000 | $30.64M |
| 19 | ICPT 3.25 07/01/23 | INTERCEPT PHARMACEUTICALS INCCV SR UNSEC NT PNC | OTHER | 32,226,000 | $29.85M |
| 20 | GLNG 2.75 02/15/22 | GOLAR LNG LTDCV SR UNSEC NT | OTHER | 32,131,000 | $29.68M |
| 21 | TWTR 1 09/15/21 | TWITTER INCCV SR UNSEC NT | OTHER | 27,996,000 | $27.23M |
| 22 | ARCC 4.625 03/01/24 | ARES CAPITAL CORPCV SR UNSEC NT | OTHER | 25,749,000 | $25.79M |
| 23 | CKH 3 11/15/28 | SEACOR HOLDINGS INCCV SR UNSEC NT CPDI | OTHER | 25,859,000 | $23.98M |
| 24 | NXPI | NXP SEMICONDUCTORS NVCV SR UNSEC NT | OTHER | 23,889,000 | $23.96M |
| 25 | DBRG 3.875 01/15/21 | COLONY CAPITAL INCCV SR UNSEC NT REIT PNC | OTHER | 25,578,000 | $23.76M |
| 26 | PMT 5.375 05/01/20 | PENNYMAC CORPCV SR UNSEC NT REIT | OTHER | 23,874,000 | $23.73M |
| 27 | HZNP 2.5 03/15/22 | HORIZON PHARMA INVESTMENT LTDCV SR UNSEC NT PNC | OTHER | 23,704,000 | $23.69M |
| 28 | BKNG 0.9 09/15/21 | BOOKING HOLDINGS INCCV SR UNSEC NT | OTHER | 20,564,000 | $22.74M |
| 29 | OSIS 1.25 09/01/22 | OSI SYSTEMS INCCV SR UNSEC NT PNC | OTHER | 23,790,000 | $22.17M |
| 30 | - | REDWOOD TRUST INCCV SR UNSEC NT | OTHER | 21,993,000 | $22.14M |
| 31 | THRX | INNOVIVA INCCV SUB NT | OTHER | 20,400,000 | $22.1M |
| 32 | - | PANDORA MEDIA INCCV SR UNSEC NT PNC | OTHER | 22,887,000 | $21.71M |
| 33 | WLL 1.25 04/01/20 | WHITING PETROLEUM CORPCV SR UNSEC NT | OTHER | 22,720,000 | $21.54M |
| 34 | VRNT | VERINT SYSTEMS INCCV SR UNSEC NT | OTHER | 22,061,000 | $21.45M |
| 35 | ILMN | ILLUMINA INCCV SR UNSEC NT | OTHER | 17,466,000 | $21.39M |
| 36 | - | NEW MOUNTAIN FINANCE CORPCV SR UNSEC NT | OTHER | 19,781,000 | $19.88M |
| 37 | ASRT 2.5 09/01/21 | ASSERTIO THERAPEUTICS INCCV SR UNSEC NT PNC | OTHER | 27,855,000 | $18.85M |
| 38 | PRAA 3 08/01/20 | PRA GROUP INCCV SR UNSEC NT | OTHER | 20,300,000 | $18.71M |
| 39 | DISH 3.375 08/15/26 | DISH NETWORK CORPCV SR UNSEC NT | OTHER | 22,625,000 | $18.33M |
| 40 | ON 1 12/01/20 | ON SEMICONDUCTOR CORPCV SR UNSEC NT | OTHER | 16,500,000 | $18.23M |
| 41 | NUAN 1 12/15/35 | NUANCE COMMUNICATIONS INCCV SR UNSEC NT CPDI | OTHER | 20,225,000 | $17.62M |
| 42 | MRVL 0.75 09/01/21 | INPHI CORPCV SR UNSEC NT | OTHER | 15,975,000 | $16.84M |
| 43 | GPRE 4.125 09/01/22 | GREEN PLAINS INCCV SR UNSEC NT PNC | OTHER | 18,598,000 | $16.44M |
| 44 | EZPW 2.375 05/01/25 | EZCORP INCCV SR UNSEC MULTI CPN NT | OTHER | 16,347,000 | $15.99M |
| 45 | EXAS | EXACT SCIENCES CORPCV SR UNSEC NT | OTHER | 14,278,000 | $15.71M |
| 46 | - | WORKDAY INCCV SR UNSEC NT | OTHER | 12,658,000 | $15.53M |
| 47 | TCOM 1 07/01/20 | CTRIP.COM INTERNATIONAL LTDCV SR UNSEC NT | OTHER | 15,595,000 | $15.12M |
| 48 | FOR 3.75 03/01/20 | FORESTAR GROUP INCCV SR UNSEC NT | OTHER | 14,790,000 | $14.46M |
| 49 | - | REDWOOD TRUST INCCV SR UNSEC NT | OTHER | 14,860,000 | $13.99M |
| 50 | - | FINISAR CORPCV SR UNSEC NT | OTHER | 13,639,000 | $12.98M |
| 51 | - | BLACKROCK TCP CAPITAL CORPCV SR UNSEC NT | OTHER | 12,878,000 | $12.93M |
| 52 | SCTY | SOLARCITY CORPCV SR UNSEC NT | OTHER | 13,439,000 | $12.61M |
| 53 | MDRX 1.25 07/01/20 | ALLSCRIPTS HEALTHCARE SOLUTIONS INCCV SR UNSEC NT | OTHER | 12,985,000 | $12.55M |
| 54 | CTXS | CITRIX SYSTEMS INCCV SR UNSEC NT | OTHER | 8,529,000 | $12.13M |
| 55 | GSBD 4.5 04/01/22 | GOLDMAN SACHS BDC INCCV SR UNSEC NT | OTHER | 11,631,000 | $11.31M |
| 56 | HCI 4.25 03/01/37 | HCI GROUP INCCV SR UNSEC NT | OTHER | 11,054,000 | $11.05M |
| 57 | - | INVITATION HOMES (IH MERGER SUB LLC)CV SR UNSEC NT | OTHER | 10,328,000 | $10.63M |
| 58 | MNDT 1 06/01/35 A | FIREEYE INCCV SR UNSEC NT | OTHER | 10,266,000 | $9.87M |
| 59 | - | TPG SPECIALTY LENDING INCCV SR UNSEC NT | OTHER | 9,637,000 | $9.71M |
| 60 | PCRX | PACIRA PHARMACEUTICALS INC/DECV SR UNSEC NT PNC | OTHER | 9,695,000 | $9.64M |
| 61 | VGR | VECTOR GROUP LTDCV SR UNSEC NT VARIABLE | OTHER | 9,575,000 | $9.64M |
| 62 | ECHO 2.5 05/01/20 | ECHO GLOBAL LOGISTICS INCCV SR UNSEC NT | OTHER | 9,776,000 | $9.51M |
| 63 | - | TITAN MACHINERY INCCV SR UNSEC NT | OTHER | 9,197,000 | $9.11M |
| 64 | NYMT 6.25 01/15/22 | NEW YORK MORTGAGE TRUST INCCV SR UNSEC NT | OTHER | 8,917,000 | $8.8M |
| 65 | - | ARCONIC INCCV SR UNSEC NT | OTHER | 8,507,000 | $8.49M |
| 66 | HTGC 4.375 02/01/22 | HERCULES CAPITAL INCCV SR UNSEC NT | OTHER | 8,893,000 | $8.44M |
| 67 | ECPG 2.875 03/15/21 | ENCORE CAPITAL GROUP INCCV SR UNSEC NT | OTHER | 9,864,000 | $8.24M |
| 68 | HASI 4.125 09/01/22 | HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INCCV SR UNSEC NT | OTHER | 8,769,000 | $7.99M |
| 69 | - | BLACKROCK CAPITAL INVESTMENT CORPCV SR UNSEC NT | OTHER | 7,635,000 | $7.49M |
| 70 | - | CEMEX SAB DE CVCV SUB NT | OTHER | 7,603,000 | $7.44M |
| 71 | BMRN 0.599 08/01/24 | BIOMARIN PHARMACEUTICAL INCCV SR SUB NT | OTHER | 7,400,000 | $7.38M |
| 72 | BMRN | BIOMARIN PHARMACEUTICAL INCCV SR SUB NT | OTHER | 6,560,000 | $7.31M |
| 73 | VSI 2.25 12/01/20 | VITAMIN SHOPPE INCCV SR UNSEC NT | OTHER | 7,660,000 | $7.3M |
| 74 | - | GRANITE POINT MORTGAGE TRUST INCCV SR UNSEC NT 144A | OTHER | 7,205,000 | $7.19M |
| 75 | MCHP 1.625 02/15/27 | MICROCHIP TECHNOLOGY INCCV SR SUB NT | OTHER | 7,000,000 | $6.86M |
| 76 | PRAA 3.5 06/01/23 | PRA GROUP INCCV SR UNSEC NT PNC | OTHER | 7,965,000 | $6.74M |
| 77 | QGEN 1 11/13/24 | QIAGEN NVCV SR UNSEC NT REG S | OTHER | 6,400,000 | $6.4M |
| 78 | - | CANADIAN SOLAR INCCV SR UNSEC NT PNC | OTHER | 6,270,000 | $6.23M |
| 79 | WMC 6.75 10/01/22 | WESTERN ASSET MORTGAGE CAPITAL CORPCV SR UNSEC NT | OTHER | 6,291,000 | $5.95M |
| 80 | - | COWEN INCCV SR UNSEC NT | OTHER | 5,670,000 | $5.64M |
| 81 | - | DHT HOLDINGS INCCV SR UNSEC NT PNC | OTHER | 5,514,000 | $5.41M |
| 82 | ACOR | ACORDA THERAPEUTICS INCCV SR UNSEC NT PNC | OTHER | 6,500,000 | $5.41M |
| 83 | SFL 5.75 10/15/21 | SHIP FINANCE INTERNATIONAL LTDCV SR UNSEC NT | OTHER | 5,370,000 | $5.01M |
| 84 | TWO 6.25 01/15/22 | TWO HARBORS INVESTMENT CORPCV SR UNSEC NT | OTHER | 5,056,000 | $4.95M |
| 85 | NVAX | NOVAVAX INCCV SR UNSEC NT | OTHER | 7,495,000 | $4.59M |
| 86 | GMED 2.25 03/15/21 | NUVASIVE INCCV SR UNSEC NT PNC | OTHER | 4,260,000 | $4.5M |
| 87 | HLX 4.25 05/01/22 | HELIX ENERGY SOLUTIONS GROUP INCCV SR UNSEC NT PNC | OTHER | 4,806,000 | $4.46M |
| 88 | CHK | CHESAPEAKE ENERGY CORPCV SR UNSEC NT PNC | OTHER | 5,380,000 | $4.34M |
| 89 | PDLI | PDL BIOPHARMA INCCV SR UNSEC NT | OTHER | 4,140,000 | $4.21M |
| 90 | GNC 1.5 08/15/20 | GNC HOLDINGS INCCV SR UNSEC NT | OTHER | 5,666,000 | $4.08M |
| 91 | CAMP 1.625 05/15/20 | CALAMP CORPCV SR UNSEC NT | OTHER | 4,165,000 | $3.97M |
| 92 | MIC 2 10/01/23 | MACQUARIE INFRASTRUCTURE CORPCV SR UNSEC NT | OTHER | 4,440,000 | $3.85M |
| 93 | ARRY | ARRAY BIOPHARMA INCCV SR UNSEC NT 144A PNC | OTHER | 3,000,000 | $3.63M |
| 94 | JAZZ 1.875 08/15/21 | JAZZ INVESTMENTS I LTDCV SR UNSEC NT PNC | OTHER | 2,944,000 | $2.86M |
| 95 | - | CLOVIS ONCOLOGY INCCV SR UNSEC NT PNC | OTHER | 3,355,000 | $2.82M |
| 96 | LNG | CHENIERE ENERGY INCCV SR UNSEC NT PNC | OTHER | 4,020,000 | $2.82M |
| 97 | VIAV 1 03/01/24 | VIAVI SOLUTIONS INCCV SR UNSEC NT | OTHER | 2,700,000 | $2.67M |
| 98 | - | PROSPECT CAPITAL CORPCV SR UNSEC NT | OTHER | 2,686,000 | $2.66M |
| 99 | QGEN | QIAGEN NVCV SR UNSEC NT REG S | OTHER | 2,200,000 | $2.63M |
| 100 | - | CEMEX SAB DE CVCV SUB NT | OTHER | 2,620,000 | $2.56M |
| 101 | - | GLOBAL EAGLE ENTERTAINMENT INCCV SR UNSEC NT PNC | OTHER | 3,285,000 | $2.44M |
| 102 | VECO 2.7 01/15/23 | VEECO INSTRUMENTS INCCV SR UNSEC NT PNC | OTHER | 3,164,000 | $2.4M |
| 103 | SPWR 4 01/15/23 | SUNPOWER CORPCV SR UNSEC NT | OTHER | 2,374,000 | $1.92M |
| 104 | - | PRETIUM RESOURCES INCCV SR SUB NT PNC | OTHER | 1,870,000 | $1.7M |
| 105 | SNCRL | SYNCHRONOSS TECHNOLOGIES INCCV SR UNSEC NT | OTHER | 1,525,000 | $1.47M |
| 106 | HCI 4.25 03/01/37 | HCI GROUP INCCV SR UNSEC NT | OTHER | 1,405,000 | $1.43M |
| 107 | USWSW | US WELL SERVICES INCWARRANT STRIKE 5.75 EXP 11/09/2023 | OTHER | 1,500,000 | $900K |
| 108 | - | ENSCO JERSEY FINANCE LTDCV SR UNSEC NT | OTHER | 1,252,000 | $833K |
| 147 | - | YANDEX NVCV SR UNSEC NT | OTHER | 0 | $0 |
| 146 | - | WRIGHT MEDICAL GROUP NVCV SR UNSEC NT | OTHER | 0 | $0 |
| 145 | - | WAYFAIR INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 144 | - | VIPSHOP HOLDINGS LTDCV SR UNSEC NT | OTHER | 0 | $0 |
| 143 | RIG 0.5 01/30/23 | TRANSOCEAN INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 142 | TDOC | TELADOC HEALTH INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 141 | SYNA 0.5 06/15/22 | SYNAPTICS INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 140 | - | STEEL CONNECT INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 139 | STWD | STARWOOD PROPERTY TRUST INCCV SR UNSEC NT REIT | OTHER | 0 | $0 |
| 138 | SM 1.5 07/01/21 | SM ENERGY COCV SR UNSEC NT | OTHER | 0 | $0 |
| 137 | NOW | SERVICENOW INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 136 | - | ROVI CORPCV SR UNSEC NT (ACQUIRED BY: TIVO) | OTHER | 0 | $0 |
| 135 | - | RETROPHIN INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 134 | - | REALPAGE INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 133 | - | PTC THERAPEUTICS INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 132 | - | OASIS PETROLEUM INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 131 | NUAN | NUANCE COMMUNICATIONS INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 130 | NBIX 2.25 05/15/24 | NEUROCRINE BIOSCIENCES INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 129 | - | NAVISTAR INTERNATIONAL CORPCV SR SUB NT PNC | OTHER | 0 | $0 |
| 128 | NBR 0.75 01/15/24 | NABORS INDUSTRIES INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 127 | LITE 0.25 03/15/24 | LUMENTUM HOLDINGS INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 126 | FWONK 1 01/30/23 | LIBERTY MEDIA CORP-LIBERTY FORMULA ONECV SR UNSEC NT (LMCK/FWONK) | OTHER | 0 | $0 |
| 125 | - | KAMAN CORPCV SR UNSEC NT | OTHER | 0 | $0 |
| 124 | JAZZ 1.875 08/15/21 | JAZZ INVESTMENTS I LTDCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 123 | - | J2 GLOBAL INCCV SR UNSEC NT CPDI | OTHER | 0 | $0 |
| 122 | - | IRONWOOD PHARMACEUTICALS INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 121 | IDCC 1.5 03/01/20 | INTERDIGITAL INC/PACV SR UNSEC NT | OTHER | 0 | $0 |
| 120 | IIVI | II-VI INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 119 | HUBS | HUBSPOT INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 118 | GWRE 1.25 03/15/25 | GUIDEWIRE SOFTWARE INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 117 | - | FINISAR CORPCV SR UNSEC NT | OTHER | 0 | $0 |
| 116 | RSO | EXANTAS CAPITAL CORPCV SR UNSEC NT REIT | OTHER | 0 | $0 |
| 115 | ENV | ENVESTNET INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 114 | DXCM | DEXCOM INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 113 | TCOM 1 07/01/20 | CTRIP.COM INTERNATIONAL LTDCV SR UNSEC NT (SERIES: C) | OTHER | 0 | $0 |
| 112 | CLF 1.5 01/15/25 | CLEVELAND-CLIFFS INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |
| 111 | - | BLACKROCK TCP CAPITAL CORPCV SR UNSEC NT | OTHER | 0 | $0 |
| 110 | - | ATLAS AIR WORLDWIDE HOLDINGS INCCV SR UNSEC NT | OTHER | 0 | $0 |
| 109 | ALDR | ALDER BIOPHARMACEUTICALS INCCV SR UNSEC NT PNC | OTHER | 0 | $0 |