INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

CIK: 0001165830 · Show all filings

Period: Q4 2022 (← Previous) (Next →)

Filing Date: Jan 31, 2023

Total Value ($000): $211,921 (100.0% shares, 0.0% debt)

Holdings (21)

— WESTERN DIGITAL CORP. 10.1%

Value ($000) $21,336 Shares 22,400,000 Est. Cost $0.94 Unrealized —

— ARES CAPITAL CORP 10.0%

Value ($000) $21,213 Shares 20,000,000 Est. Cost $1.10 Unrealized —

— BOOKING HOLDINGS INC 9.6%

Value ($000) $20,266 Shares 15,216,000 Est. Cost $1.41 Unrealized —

— SOUTHWEST AIRLS CO 9.2%

Value ($000) $19,489 Shares 16,227,000 Est. Cost $1.26 Unrealized —

— EURONET WORLDWIDE INC 9.0%

Value ($000) $19,121 Shares 20,220,000 Est. Cost $0.99 Unrealized —

— ILLUMINA INC 8.5%

Value ($000) $17,976 Shares 18,609,000 Est. Cost $1.15 Unrealized —

— EXPEDIA GROUP INC 8.4%

Value ($000) $17,767 Shares 20,400,000 Est. Cost $1.21 Unrealized —

— HOPE BANCORP INC 7.5%

Value ($000) $15,956 Shares 16,332,000 Est. Cost $0.97 Unrealized —

— AKAMAI TECHNOLOGIES INC 6.6%

Value ($000) $14,034 Shares 13,366,000 Est. Cost $1.21 Unrealized —

— PIONEER NAT RES CO 5.1%

Value ($000) $10,783 Shares 4,624,000 Est. Cost $1.60 Unrealized —

— ETSY INC 4.2%

Value ($000) $8,965 Shares 10,500,000 Est. Cost $0.74 Unrealized —

— SUPERNUS PHARMACEUTICALS 3.5%

Value ($000) $7,369 Shares 7,500,000 Est. Cost $0.98 Unrealized —

— PENNYMAC CORP 2.7%

Value ($000) $5,801 Shares 6,500,000 Est. Cost $0.99 Unrealized —

— BLACKSTONE MORTGAGE TRUST IN 2.4%

Value ($000) $5,126 Shares 6,000,000 Est. Cost $0.91 Unrealized —

— WELLS FARGO CO NEW 0.8%

Value ($000) $1,689 Shares 1,425 Est. Cost $1490.53 Unrealized —

— BK OF AMERICA CORP 0.7%

Value ($000) $1,499 Shares 1,292 Est. Cost $1446.59 Unrealized —

— FORD MTR CO DEL 0.7%

Value ($000) $1,415 Shares 1,500,000 Est. Cost $1.18 Unrealized —

— BLOCK INC 0.3%

Value ($000) $729 Shares 900,000 Est. Cost $0.89 Unrealized —

— STARWOOD PPTY TR INC 0.3%

Value ($000) $562 Shares 580,000 Est. Cost $1.02 Unrealized —

— BLACKSTONE MORTGAGE TRUST IN 0.2%

Value ($000) $490 Shares 500,000 Est. Cost $1.01 Unrealized —

— HANNON ARMSTRONG SUST INFR C 0.2%

Value ($000) $335 Shares 355,000 Est. Cost $1.20 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	WESTERN DIGITAL CORP.	22,400,000	$21,336	10.1%	$0.94	—	NOTE 1.500% 2/0	958102AP0
—	ARES CAPITAL CORP	20,000,000	$21,213	10.0%	$1.10	—	NOTE 4.625% 3/0	04010LAW3
—	BOOKING HOLDINGS INC	15,216,000	$20,266	9.6%	$1.41	—	NOTE 0.750% 5/0	09857LAN8
—	SOUTHWEST AIRLS CO	16,227,000	$19,489	9.2%	$1.26	—	NOTE 1.250% 5/0	844741BG2
—	EURONET WORLDWIDE INC	20,220,000	$19,121	9.0%	$0.99	—	NOTE 0.750% 3/1	298736AL3
—	ILLUMINA INC	18,609,000	$17,976	8.5%	$1.15	—	NOTE 8/1	452327AK5
—	EXPEDIA GROUP INC	20,400,000	$17,767	8.4%	$1.21	—	NOTE 2/1	30212PBE4
—	HOPE BANCORP INC	16,332,000	$15,956	7.5%	$0.97	—	NOTE 2.000% 5/1	43940TAB5
—	AKAMAI TECHNOLOGIES INC	13,366,000	$14,034	6.6%	$1.21	—	NOTE 0.125% 5/0	00971TAJ0
—	PIONEER NAT RES CO	4,624,000	$10,783	5.1%	$1.60	—	NOTE 0.250% 5/1	723787AP2
—	ETSY INC	10,500,000	$8,965	4.2%	$0.74	—	NOTE 0.250% 6/1	29786AAN6
—	SUPERNUS PHARMACEUTICALS	7,500,000	$7,369	3.5%	$0.98	—	NOTE 0.625% 4/0	868459AD0
—	PENNYMAC CORP	6,500,000	$5,801	2.7%	$0.99	—	NOTE 5.500%11/0	70932AAD5
—	BLACKSTONE MORTGAGE TRUST IN	6,000,000	$5,126	2.4%	$0.91	—	NOTE 5.500% 3/1	09257WAE0
—	WELLS FARGO CO NEW	1,425	$1,689	0.8%	$1490.53	—	PERP PFD CNV A	949746804
—	BK OF AMERICA CORP	1,292	$1,499	0.7%	$1446.59	—	7.25%CNV PFD L	060505682
—	FORD MTR CO DEL	1,500,000	$1,415	0.7%	$1.18	—	NOTE 3/1	345370CZ1
—	BLOCK INC	900,000	$729	0.3%	$0.89	—	NOTE 5/0	852234AJ2
—	STARWOOD PPTY TR INC	580,000	$562	0.3%	$1.02	—	NOTE 4.375% 4/0	85571BAH8
—	BLACKSTONE MORTGAGE TRUST IN	500,000	$490	0.2%	$1.01	—	NOTE 4.750% 3/1	09257WAC4
—	HANNON ARMSTRONG SUST INFR C	355,000	$335	0.2%	$1.20	—	NOTE 8/1	41068XAD2