INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: Apr 20, 2023

Total Value: $194M (100.0% shares, 0.0% debt)

Holdings (17)

— BOOKING HOLDINGS INC 11.8%

Value $22.78M Shares 15,216,000 Share Price $1.50 Est. Cost/Share $1.41 Unrealized @ Report Date —

— WESTERN DIGITAL CORP. 11.2%

Value $21.59M Shares 22,400,000 Share Price $0.96 Est. Cost/Share $0.94 Unrealized @ Report Date —

— ARES CAPITAL CORP 10.4%

Value $20.14M Shares 20,000,000 Share Price $1.01 Est. Cost/Share $1.10 Unrealized @ Report Date —

— EURONET WORLDWIDE INC 10.1%

Value $19.46M Shares 20,220,000 Share Price $0.96 Est. Cost/Share $0.99 Unrealized @ Report Date —

— SOUTHWEST AIRLS CO 9.5%

Value $18.43M Shares 16,227,000 Share Price $1.14 Est. Cost/Share $1.26 Unrealized @ Report Date —

— EXPEDIA GROUP INC 9.4%

Value $18.26M Shares 20,400,000 Share Price $0.90 Est. Cost/Share $1.21 Unrealized @ Report Date —

— ILLUMINA INC 9.4%

Value $18.14M Shares 18,609,000 Share Price $0.97 Est. Cost/Share $1.15 Unrealized @ Report Date —

— HOPE BANCORP INC 8.2%

Value $15.8M Shares 16,332,000 Share Price $0.97 Est. Cost/Share $0.97 Unrealized @ Report Date —

— AKAMAI TECHNOLOGIES INC 6.9%

Value $13.44M Shares 13,366,000 Share Price $1.01 Est. Cost/Share $1.21 Unrealized @ Report Date —

— ETSY INC 4.5%

Value $8.666M Shares 10,500,000 Share Price $0.83 Est. Cost/Share $0.74 Unrealized @ Report Date —

— PENNYMAC CORP 3.1%

Value $6.077M Shares 6,500,000 Share Price $0.94 Est. Cost/Share $0.99 Unrealized @ Report Date —

— BLACKSTONE MORTGAGE TRUST IN 2.5%

Value $4.744M Shares 6,000,000 Share Price $0.79 Est. Cost/Share $0.91 Unrealized @ Report Date —

— WELLS FARGO CO NEW 0.8%

Value $1.642M Shares 1,425 Share Price $1152.50 Est. Cost/Share $1490.53 Unrealized @ Report Date —

— BANK AMERICA CORP 0.8%

Value $1.502M Shares 1,292 Share Price $1162.86 Est. Cost/Share $1446.59 Unrealized @ Report Date —

— FORD MTR CO DEL 0.8%

Value $1.498M Shares 1,500,000 Share Price $1.00 Est. Cost/Share $1.18 Unrealized @ Report Date —

— BLOCK INC 0.4%

Value $734K Shares 900,000 Share Price $0.81 Est. Cost/Share $0.89 Unrealized @ Report Date —

— VISHAY INTERTECHNOLOGY INC 0.4%

Value $695K Shares 700,000 Share Price $0.99 Est. Cost/Share $0.99 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	BOOKING HOLDINGS INC	15,216,000	$22.78M	11.8%	$1.50	$1.41	—	NOTE 0.750% 5/0	09857LAN8
—	WESTERN DIGITAL CORP.	22,400,000	$21.59M	11.2%	$0.96	$0.94	—	NOTE 1.500% 2/0	958102AP0
—	ARES CAPITAL CORP	20,000,000	$20.14M	10.4%	$1.01	$1.10	—	NOTE 4.625% 3/0	04010LAW3
—	EURONET WORLDWIDE INC	20,220,000	$19.46M	10.1%	$0.96	$0.99	—	NOTE 0.750% 3/1	298736AL3
—	SOUTHWEST AIRLS CO	16,227,000	$18.43M	9.5%	$1.14	$1.26	—	NOTE 1.250% 5/0	844741BG2
—	EXPEDIA GROUP INC	20,400,000	$18.26M	9.4%	$0.90	$1.21	—	NOTE 2/1	30212PBE4
—	ILLUMINA INC	18,609,000	$18.14M	9.4%	$0.97	$1.15	—	NOTE 8/1	452327AK5
—	HOPE BANCORP INC	16,332,000	$15.8M	8.2%	$0.97	$0.97	—	NOTE 2.000% 5/1	43940TAB5
—	AKAMAI TECHNOLOGIES INC	13,366,000	$13.44M	6.9%	$1.01	$1.21	—	NOTE 0.125% 5/0	00971TAJ0
—	ETSY INC	10,500,000	$8.666M	4.5%	$0.83	$0.74	—	NOTE 0.250% 6/1	29786AAN6
—	PENNYMAC CORP	6,500,000	$6.077M	3.1%	$0.94	$0.99	—	NOTE 5.500%11/0	70932AAD5
—	BLACKSTONE MORTGAGE TRUST IN	6,000,000	$4.744M	2.5%	$0.79	$0.91	—	NOTE 5.500% 3/1	09257WAE0
—	WELLS FARGO CO NEW	1,425	$1.642M	0.8%	$1152.50	$1490.53	—	PERP PFD CNV A	949746804
—	BANK AMERICA CORP	1,292	$1.502M	0.8%	$1162.86	$1446.59	—	7.25%CNV PFD L	060505682
—	FORD MTR CO DEL	1,500,000	$1.498M	0.8%	$1.00	$1.18	—	NOTE 3/1	345370CZ1
—	BLOCK INC	900,000	$734K	0.4%	$0.81	$0.89	—	NOTE 5/0	852234AJ2
—	VISHAY INTERTECHNOLOGY INC	700,000	$695K	0.4%	$0.99	$0.99	—	NOTE 2.250% 6/1	928298AP3