CIK: 0000919538 · Show all filings
Period: Q3 2025 (← Previous) (Next →)
Filing Date: Oct 22, 2025
Total Value ($000): $341,462 (64.4% shares, 35.6% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| — | EMCOR Group, Inc. (EME) | 32,882 | $21,358 | 6.3% | $47.47 | — | COM | 29084q100 |
| RSG | Republic Services, Inc. (RSG) | 87,815 | $20,152 | 5.9% | $26.48 | +781.1% | COM | 760759100 |
| — | MYR Group, Inc. (MYRG) | 74,346 | $15,466 | 4.5% | $30.14 | — | COM | 55405w104 |
| — | Blackstone Mortgage Trust | 15,730,000 | $15,415 | 4.5% | $0.97 | — | CONV | 09257WAE0 |
| — | fuboTV, Inc. | 15,354,000 | $15,162 | 4.4% | $0.97 | — | CONV | 35953DAB0 |
| — | Pebblebrook Hotel Trust | 14,393,000 | $13,835 | 4.1% | $0.92 | — | CONV | 70509VAA8 |
| — | KBR, Inc. (KBR) | 283,369 | $13,401 | 3.9% | $23.75 | — | COM | 48242w106 |
| — | Pennymac Corp | 12,608,000 | $12,520 | 3.7% | $0.99 | — | CONV | 70932AAF0 |
| — | MGP Ingredients, Inc. | 12,486,000 | $11,903 | 3.5% | $0.95 | — | CONV | 55303JAB2 |
| — | Redfin Corp. | 11,938,000 | $11,025 | 3.2% | $0.90 | — | CONV | 75737FAE8 |
| GOOG | Alphabet, Inc. - Cl C (GOOG) | 44,626 | $10,869 | 3.2% | $108.11 | +94.2% | COM | 02079K107 |
| — | Summit Hotel Properties, Inc. | 10,731,000 | $10,511 | 3.1% | $0.98 | — | CONV | 866082aa8 |
| — | Johnson Controls Int'l plc (JC | 94,871 | $10,431 | 3.1% | $41.23 | — | COM | g51502105 |
| WRB | W. R. Berkley Corp. (WRB) | 128,223 | $9,824 | 2.9% | $35.30 | +98.3% | COM | 084423102 |
| — | Bandwidth Inc. | 11,511,000 | $9,773 | 2.9% | $0.85 | — | CONV | 05988JAD5 |
| PRMB | Primo Brands Corporation Class | 362,753 | $8,017 | 2.3% | $28.07 | -7.8% | COM | 741623102 |
| — | DuPont de Nemours, Inc. (DD) | 84,927 | $6,616 | 1.9% | $71.61 | — | COM | 26614n102 |
| — | Snap Inc. | 6,864,000 | $6,332 | 1.9% | $0.85 | — | CONV | 83304AAF3 |
| — | Nextracker Inc. Class A (NXT) | 82,948 | $6,137 | 1.8% | $44.73 | — | COM | 65290e101 |
| — | Marriott Vacation Worldwide | 4,964,000 | $4,881 | 1.4% | $0.98 | — | CONV | 57164YAD9 |
| TMUS | T-Mobile USA, Inc. (TMUS) | 19,761 | $4,730 | 1.4% | $102.81 | +133.7% | COM | 872590104 |
| — | EOG Resources (EOG) | 41,153 | $4,614 | 1.4% | $117.65 | — | COM | 26875p101 |
| — | Alight, Inc. (ALIT) | 1,414,825 | $4,612 | 1.4% | $5.76 | — | COM | 01626w101 |
| AMZN | Amazon.com, Inc. (AMZN) | 20,753 | $4,557 | 1.3% | $124.44 | +81.9% | COM | 023135106 |
| — | Nextera Energy Partners LP 144 | 4,500,000 | $4,466 | 1.3% | $0.99 | — | CONV | 65341BAD8 |
| — | Visa Inc. - Class A (V) | 12,847 | $4,386 | 1.3% | $200.29 | — | COM | 92826c839 |
| — | Flex Ltd. (FLEX) | 72,698 | $4,214 | 1.2% | $30.46 | — | COM | y2573f102 |
| — | Ziff Davis, Inc. (ZD) | 109,870 | $4,186 | 1.2% | $68.70 | — | COM | 48123v102 |
| — | Nextera Energy Inc. (NEE) | 51,101 | $3,858 | 1.1% | $95.31 | — | COM | 65339f101 |
| CB | Chubb Limited (CB) | 13,211 | $3,729 | 1.1% | $110.17 | +149.8% | COM | H1467J104 |
| MDT | Medtronic plc (MDT) | 38,146 | $3,633 | 1.1% | $76.65 | +19.1% | COM | G5960L103 |
| EMR | Emerson Electric (EMR) | 26,602 | $3,490 | 1.0% | $42.64 | +217.8% | COM | 291011104 |
| — | American Homes 4 Rent (AMH) | 98,399 | $3,272 | 1.0% | $29.02 | — | COM | 02665t306 |
| — | Kenvue Inc (KVUE) | 197,193 | $3,200 | 0.9% | $19.85 | — | COM | 49177j102 |
| — | Zimmer Biomet Holdings, Inc. ( | 32,420 | $3,193 | 0.9% | $108.11 | — | COM | 98956p102 |
| — | Levi Strauss & Co. Class A (LE | 134,551 | $3,135 | 0.9% | $18.76 | — | COM | 52736r102 |
| DOX | Amdocs Ltd (DOX) | 37,900 | $3,110 | 0.9% | $57.27 | +49.4% | COM | G02602103 |
| — | Blackbaud, Inc. (BLKB) | 48,167 | $3,098 | 0.9% | $71.28 | — | COM | 09227q100 |
| — | Primis Financial Corp. (FRST) | 276,001 | $2,901 | 0.8% | $14.22 | — | COM | 74167b109 |
| — | Lucid Group Inc. | 3,000,000 | $2,790 | 0.8% | $0.93 | — | CONV | 549498AA1 |
| SHBI | Shore Bancshares (SHBI) | 155,239 | $2,547 | 0.7% | $11.35 | +45.0% | COM | 825107105 |
| NVT | nVent Electric plc (NVT) | 22,747 | $2,244 | 0.7% | $22.01 | +292.9% | COM | G6700G107 |
| — | Advanced Drainage Systems (WMS | 15,500 | $2,150 | 0.6% | $100.25 | — | COM | 00790r104 |
| — | Wyndham Hotels & Resorts (WH) | 24,087 | $1,925 | 0.6% | $53.75 | — | COM | 98311a105 |
| MTX | Minerals Technologies Inc. (M | 30,438 | $1,891 | 0.6% | $58.06 | +4.6% | COM | 603158106 |
| USFD | US Foods Holding Corp. | 24,613 | $1,886 | 0.6% | $37.07 | +114.5% | COM | 912008109 |
| WSFS | WSFS Financial (WSFS) | 33,685 | $1,817 | 0.5% | $41.40 | +36.4% | COM | 929328102 |
| — | Cadre Holdings, Inc. (CDRE) | 49,001 | $1,789 | 0.5% | $32.31 | — | COM | 12763l105 |
| — | Pennymac Corp | 1,500,000 | $1,543 | 0.5% | $1.03 | — | CONV | 70932AAH6 |
| SHW | Sherwin-Williams Co. (SHW) | 4,273 | $1,480 | 0.4% | $205.65 | +70.9% | COM | 824348106 |
| RUSHA | Rush Enterprises Class A (RUSH | 27,050 | $1,446 | 0.4% | $34.76 | +60.1% | COM | 781846209 |
| ABT | Abbott Laboratories (ABT) | 10,324 | $1,383 | 0.4% | $49.80 | +162.2% | COM | 002824100 |
| ROP | Roper Technologies, Inc. (ROP) | 2,599 | $1,296 | 0.4% | $543.22 | -2.2% | COM | 776696106 |
| UPS | United Parcel Service, Inc. (U | 14,000 | $1,169 | 0.3% | $75.28 | +17.1% | COM | 911312106 |
| — | Pure Storage, Inc. | 13,289 | $1,114 | 0.3% | $41.18 | — | COM | 74624m102 |
| — | Akamai Technologies, Inc. (AK | 13,650 | $1,034 | 0.3% | $104.35 | — | COM | 00971t101 |
| — | Cannae Holdings Inc. (CNNE) | 54,598 | $1,000 | 0.3% | $18.89 | — | COM | 13765n107 |
| RUSHB | Rush Enterprises Class B (RUSH | 17,328 | $995 | 0.3% | $20.21 | +177.2% | COM | 781846308 |
| — | Haemonetics Corp. | 814,000 | $796 | 0.2% | $0.85 | — | CONV | 405024AB6 |
| OCFC | OceanFirst Financial (OCFC) | 30,012 | $527 | 0.2% | $9.88 | +76.2% | COM | 675234108 |
| — | DigitalOcean Holdings, Inc. | 526,000 | $495 | 0.1% | $0.86 | — | CONV | 25402DAB8 |
| PSX | Phillips 66 (PSX) | 3,441 | $468 | 0.1% | $40.93 | +208.8% | COM | 718546104 |
| — | Broadcom Inc. (AVGO) | 1,348 | $445 | 0.1% | $266.88 | — | COM | 11135f101 |
| — | Vanguard Information Technolog | 547 | $408 | 0.1% | $397.65 | — | COM | 92204a702 |
| MSFT | Microsoft Corp. (MSFT) | 680 | $352 | 0.1% | $417.26 | +21.9% | COM | 594918104 |
| — | Shoals Technology Grp, Inc. Cl | 34,500 | $256 | 0.1% | $6.74 | — | COM | 82489w107 |
| — | JPMorgan Chase & Co. (JPM) | 655 | $207 | 0.1% | $315.43 | — | COM | 46625h100 |