Q4 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| New | PINDUODUO INCnote 12/0 added | $5,415,000 | – | 4,400,000 | – | 8.94% | – | |
| Buy | PROOFPOINT INCnote 0.250% 8/1 | $5,367,000 | +168.4% | 4,800,000 | +140.0% | 8.86% | +211.2% | |
| New | CYBERARK SOFTWARE LTDnote 11/1 added | $5,069,000 | – | 4,200,000 | – | 8.37% | – | |
| Buy | AKAMAI TECHNOLOGIES INCnote 0.375% 9/0 | $5,008,000 | -3.1% | 4,500,000 | +1.1% | 8.27% | +12.4% | |
| Buy | PURE STORAGE INCnote 0.125% 4/1 | $3,331,000 | +72.2% | 3,000,000 | +50.0% | 5.50% | +99.7% | |
| Sell | TWITTER INCnote 0.250% 6/1 | $3,029,000 | -60.6% | 2,500,000 | -63.8% | 5.00% | -54.3% | |
| New | IQIYI INCnote 4.000%12/1 added | $1,923,000 | – | 1,900,000 | – | 3.18% | – | |
| New | SHOPIFY INCnote 0.125%11/0 added | $1,671,000 | – | 1,400,000 | – | 2.76% | – | |
| Sell | GUIDEWIRE SOFTWARE INCnote 1.250% 3/1 | $1,418,000 | -60.6% | 1,100,000 | -64.6% | 2.34% | -54.3% | |
| Sell | CHENIERE ENERGY INCnote 4.250% 3/1 | $1,352,000 | -42.1% | 1,750,000 | -46.2% | 2.23% | -32.8% | |
| Sell | PALO ALTO NETWORKS INCnote 0.750% 7/0 | $1,345,000 | -75.8% | 950,000 | -80.6% | 2.22% | -72.0% | |
| Sell | LIBERTY MEDIA CORP DELAWAREnote 1.000% 1/3 | $1,167,000 | -2.5% | 900,000 | -10.0% | 1.93% | +13.1% | |
| Sell | EXACT SCIENCES CORPnote 0.375% 3/1 | $1,128,000 | -26.4% | 800,000 | -38.5% | 1.86% | -14.7% | |
| New | PEBBLEBROOK HOTEL TRnote 1.750%12/1 added | $1,061,000 | – | 1,000,000 | – | 1.75% | – | |
| Buy | AKAMAI TECHNOLOGIES INCnote 0.125% 5/0 | $1,053,000 | +8.0% | 850,000 | +13.3% | 1.74% | +25.2% | |
| Sell | SILICON LABORATORIES INCnote 1.375% 3/0 | $969,000 | +0.9% | 700,000 | -12.5% | 1.60% | +17.1% | |
| New | ALTERYX INCnote 1.000% 8/0 | $954,000 | – | 900,000 | – | 1.58% | – | |
| Buy | SPLUNK INCnote 0.500% 9/1 | $789,000 | +88.3% | 600,000 | +100.0% | 1.30% | +118.6% | |
| Sell | LIBERTY MEDIA CORP DELAWAREnote 1.375%10/1 | $703,000 | -90.9% | 550,000 | -92.2% | 1.16% | -89.4% | |
| Sell | LIVE NATION ENTERTAINMENT INnote 2.500% 3/1 | $653,000 | -17.0% | 500,000 | -28.6% | 1.08% | -3.8% | |
| Sell | AMERICAN AIRLS GROUP INCnote 6.500% 7/0 | $513,000 | -84.9% | 400,000 | -88.9% | 0.85% | -82.5% | |
| Sell | SOUTHWEST AIRLS COnote 1.250% 5/0 | $511,000 | -57.0% | 350,000 | -61.1% | 0.84% | -50.1% | |
| Sell | YY INCnote 1.375% 6/1 | $509,000 | -88.8% | 500,000 | -88.1% | 0.84% | -87.0% | |
| Sell | ZILLOW GROUP INCnote 2.750% 5/1 | $418,000 | -20.5% | 200,000 | -33.3% | 0.69% | -7.9% | |
| Sell | PRICELINE GRP INCnote 0.900% 9/1 | $350,000 | -34.5% | 300,000 | -40.0% | 0.58% | -23.9% | |
| Exit | ON SEMICONDUCTOR CORPnote 1.000%12/0 | $0 | – | -800,000 | – | -1.38% | – | |
| Exit | CHIMERA INVT CORPnote 7.000% 4/0 | $0 | – | -1,000,000 | – | -1.81% | – | |
| Exit | REALPAGE INCnote 1.500% 5/1 | $0 | – | -2,000,000 | – | -2.95% | – |
Q3 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Sell | LIBERTY MEDIA CORP DELAWAREnote 1.375%10/1 | $7,705,000 | -2.9% | 7,050,000 | -6.6% | 10.97% | +23.5% | |
| Sell | TWITTER INCnote 0.250% 6/1 | $7,686,000 | -17.8% | 6,900,000 | -30.3% | 10.94% | +4.6% | |
| Sell | PALO ALTO NETWORKS INCnote 0.750% 7/0 | $5,567,000 | -43.5% | 4,900,000 | -46.7% | 7.92% | -28.2% | |
| New | AKAMAI TECHNOLOGIES INCnote 0.375% 9/0 added | $5,166,000 | – | 4,450,000 | – | 7.35% | – | |
| Buy | NUVASIVE INCnote 2.250% 3/1 | $4,643,000 | +103.1% | 4,500,000 | +114.3% | 6.61% | +158.4% | |
| Sell | YY INCnote 1.375% 6/1 | $4,540,000 | -17.6% | 4,200,000 | -16.0% | 6.46% | +4.8% | |
| Sell | GUIDEWIRE SOFTWARE INCnote 1.250% 3/1 | $3,601,000 | -26.1% | 3,107,000 | -26.1% | 5.13% | -6.0% | |
| Buy | AMERICAN AIRLS GROUP INCnote 6.500% 7/0 | $3,401,000 | +33.8% | 3,600,000 | +33.3% | 4.84% | +70.2% | |
| New | ISIS PHARMACEUTICALS INC DELnote 1.000%11/1 | $2,971,000 | – | 2,850,000 | – | 4.23% | – | |
| Sell | FORTIVE CORPnote 0.875% 2/1 | $2,720,000 | -51.3% | 2,700,000 | -52.6% | 3.87% | -38.1% | |
| Sell | CHENIERE ENERGY INCnote 4.250% 3/1 | $2,334,000 | -22.2% | 3,250,000 | -31.6% | 3.32% | -1.1% | |
| New | PROOFPOINT INCnote 0.250% 8/1 added | $2,000,000 | – | 2,000,000 | – | 2.85% | – | |
| New | PURE STORAGE INCnote 0.125% 4/1 | $1,934,000 | – | 2,000,000 | – | 2.75% | – | |
| Buy | EXACT SCIENCES CORPnote 0.375% 3/1 | $1,533,000 | +84.9% | 1,300,000 | +62.5% | 2.18% | +135.1% | |
| Sell | CHIMERA INVT CORPnote 7.000% 4/0 | $1,271,000 | -42.7% | 1,000,000 | -33.3% | 1.81% | -27.1% | |
| New | LIBERTY MEDIA CORP DELAWAREnote 1.000% 1/3 | $1,197,000 | – | 1,000,000 | – | 1.70% | – | |
| Sell | SOUTHWEST AIRLS COnote 1.250% 5/0 | $1,187,000 | -83.5% | 900,000 | -85.0% | 1.69% | -79.0% | |
| Sell | AKAMAI TECHNOLOGIES INCnote 0.125% 5/0 | $975,000 | -7.5% | 750,000 | -11.8% | 1.39% | +17.6% | |
| Sell | ON SEMICONDUCTOR CORPnote 1.000%12/0 | $968,000 | -82.7% | 800,000 | -83.3% | 1.38% | -78.0% | |
| Sell | SILICON LABORATORIES INCnote 1.375% 3/0 | $960,000 | -79.0% | 800,000 | -78.9% | 1.37% | -73.3% | |
| Buy | LIVE NATION ENTERTAINMENT INnote 2.500% 3/1 | $787,000 | +54.0% | 700,000 | +40.0% | 1.12% | +95.8% | |
| Sell | ZILLOW GROUP INCnote 2.750% 5/1 | $526,000 | -49.7% | 300,000 | -66.7% | 0.75% | -36.0% | |
| Sell | WORKDAY INCnote 0.250%10/0 | $471,000 | -37.9% | 300,000 | -45.5% | 0.67% | -21.0% | |
| Sell | SQUARE INCnote 0.500% 5/1 | $439,000 | -25.6% | 200,000 | -50.0% | 0.62% | -5.3% | |
| Sell | SPLUNK INCnote 0.500% 9/1 | $419,000 | -41.6% | 300,000 | -40.0% | 0.60% | -25.9% | |
| Sell | NUANCE COMMUNICATIONS INCdebt 1.500%11/0 | $416,000 | -60.0% | 250,000 | -68.8% | 0.59% | -49.2% | |
| Sell | MICROCHIP TECHNOLOGY INCnote 1.625% 2/1 | $386,000 | -25.0% | 250,000 | -28.6% | 0.55% | -4.7% | |
| Sell | ILLUMINA INCnote 0.500% 6/1 | $322,000 | -37.6% | 250,000 | -28.6% | 0.46% | -20.6% | |
| Sell | TRANSOCEAN INCdeb 0.500% 1/3 | $196,000 | -77.3% | 1,000,000 | -50.0% | 0.28% | -71.1% | |
| Exit | EURONET WORLDWIDE INCnote 0.750% 3/1 | $0 | – | -400,000 | – | -0.43% | – | |
| Exit | J2 GLOBAL INCnote 3.250% 6/1 | $0 | – | -900,000 | – | -1.13% | – | |
| Exit | ILLUMINA INCnote 8/1 | $0 | – | -2,000,000 | – | -2.42% | – | |
| Exit | MOMO INCnote 1.250% 7/0 | $0 | – | -3,890,000 | – | -3.36% | – |
Q2 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| New | PALO ALTO NETWORKS INCnote 0.750% 7/0 | $9,857,000 | – | 9,200,000 | – | 11.03% | – | |
| New | TWITTER INCnote 0.250% 6/1 | $9,345,000 | – | 9,900,000 | – | 10.46% | – | |
| New | LIBERTY MEDIA CORP DELAWAREnote 1.375%10/1 | $7,937,000 | – | 7,550,000 | – | 8.88% | – | |
| New | SOUTHWEST AIRLS COnote 1.250% 5/0 added | $7,199,000 | – | 6,000,000 | – | 8.06% | – | |
| New | ON SEMICONDUCTOR CORPnote 1.000%12/0 | $5,593,000 | – | 4,800,000 | – | 6.26% | – | |
| New | FORTIVE CORPnote 0.875% 2/1 | $5,586,000 | – | 5,700,000 | – | 6.25% | – | |
| New | YY INCnote 1.375% 6/1 added | $5,509,000 | – | 5,000,000 | – | 6.17% | – | |
| New | GUIDEWIRE SOFTWARE INCnote 1.250% 3/1 | $4,872,000 | – | 4,207,000 | – | 5.45% | – | |
| New | SILICON LABORATORIES INCnote 1.375% 3/0 | $4,579,000 | – | 3,800,000 | – | 5.12% | – | |
| New | CHENIERE ENERGY INCnote 4.250% 3/1 | $3,001,000 | – | 4,750,000 | – | 3.36% | – | |
| New | MOMO INCnote 1.250% 7/0 | $3,001,000 | – | 3,890,000 | – | 3.36% | – | |
| New | AMERICAN AIRLS GROUP INCnote 6.500% 7/0 added | $2,541,000 | – | 2,700,000 | – | 2.84% | – | |
| New | NUVASIVE INCnote 2.250% 3/1 | $2,286,000 | – | 2,100,000 | – | 2.56% | – | |
| New | CHIMERA INVT CORPnote 7.000% 4/0 added | $2,219,000 | – | 1,500,000 | – | 2.48% | – | |
| New | ILLUMINA INCnote 8/1 | $2,158,000 | – | 2,000,000 | – | 2.42% | – | |
| New | REALPAGE INCnote 1.500% 5/1 added | $2,152,000 | – | 2,000,000 | – | 2.41% | – | |
| New | AKAMAI TECHNOLOGIES INCnote 0.125% 5/0 | $1,054,000 | – | 850,000 | – | 1.18% | – | |
| New | ZILLOW GROUP INCnote 2.750% 5/1 added | $1,046,000 | – | 900,000 | – | 1.17% | – | |
| New | NUANCE COMMUNICATIONS INCdebt 1.500%11/0 | $1,041,000 | – | 800,000 | – | 1.16% | – | |
| New | J2 GLOBAL INCnote 3.250% 6/1 | $1,011,000 | – | 900,000 | – | 1.13% | – | |
| New | TRANSOCEAN INCdeb 0.500% 1/3 | $864,000 | – | 2,000,000 | – | 0.97% | – | |
| New | EXACT SCIENCES CORPnote 0.375% 3/1 | $829,000 | – | 800,000 | – | 0.93% | – | |
| New | WORKDAY INCnote 0.250%10/0 | $758,000 | – | 550,000 | – | 0.85% | – | |
| New | SPLUNK INCnote 0.500% 9/1 | $718,000 | – | 500,000 | – | 0.80% | – | |
| New | SQUARE INCnote 0.500% 5/1 | $590,000 | – | 400,000 | – | 0.66% | – | |
| New | PRICELINE GRP INCnote 0.900% 9/1 | $529,000 | – | 500,000 | – | 0.59% | – | |
| New | ILLUMINA INCnote 0.500% 6/1 | $516,000 | – | 350,000 | – | 0.58% | – | |
| New | MICROCHIP TECHNOLOGY INCnote 1.625% 2/1 | $515,000 | – | 350,000 | – | 0.58% | – | |
| New | LIVE NATION ENTERTAINMENT INnote 2.500% 3/1 | $511,000 | – | 500,000 | – | 0.57% | – | |
| New | DOCUSIGN INCnote 0.500% 9/1 | $490,000 | – | 200,000 | – | 0.55% | – | |
| New | EURONET WORLDWIDE INCnote 0.750% 3/1 | $384,000 | – | 400,000 | – | 0.43% | – | |
| New | WIX COM LTDnote 7/0 | $366,000 | – | 200,000 | – | 0.41% | – | |
| New | ZENDESK INCnote 0.250% 3/1 | $294,000 | – | 200,000 | – | 0.33% | – |