| # | % | |||||
|---|---|---|---|---|---|---|
| 1 | HSBC HLDGS PLC | 21,900,000 | 21,939,000 | 8.65% | PRN | |
| 2 | SELECT SECTOR SPDR TR | 874,200 | 21,313,000 | 8.41% | Call | |
| 3 | ING GROEP N V | 20,600,000 | 19,889,000 | 7.85% | PRN | |
| 4 | ING GROEP N V | 20,000,000 | 19,781,000 | 7.80% | PRN | |
| 5 | PRUDENTIAL FINL INC | 155,705 | 13,627,000 | 5.38% | ||
| 6 | KKR & CO LP COMMON UNITS | 485,264 | 11,088,000 | 4.37% | ||
| 7 | METLIFE INC | 197,280 | 11,046,000 | 4.36% | ||
| 8 | CARLYLE GROUP L P | 365,608 | 10,292,000 | 4.06% | ||
| 9 | CITIGROUP INC | 134,848 | 7,449,000 | 2.94% | ||
| 10 | ISHARES TR | 59,000 | 7,342,000 | 2.90% | Put | |
| 11 | FORTRESS INVESTMENT GROUP LL | 932,039 | 6,804,000 | 2.68% | ||
| 12 | ROYAL BK SCOTLAND GROUP PLC | 235,775 | 5,880,000 | 2.32% | ||
| 13 | AMERICAN HOMES 4 RENT CL A | 315,285 | 5,057,000 | 1.99% | ||
| 14 | ROYAL BK SCOTLAND GROUP PLC | 200,000 | 4,982,000 | 1.97% | ||
| 15 | BLACKSTONE MTG TR INC | 169,435 | 4,714,000 | 1.86% | ||
| 16 | WELLS FARGO & CO NEW | 80,450 | 4,525,000 | 1.78% | ||
| 17 | HERCULES CAPITAL INC | 383,890 | 4,434,000 | 1.75% | ||
| 18 | MORGAN STANLEY | 100,000 | 3,879,000 | 1.53% | Put | |
| 19 | STARWOOD WAYPOINT RESIDENTIAL | 161,050 | 3,827,000 | 1.51% | ||
| 20 | FIFTH THIRD BANCORP | 182,442 | 3,798,000 | 1.50% | ||
| 21 | STARWOOD PPTY TR INC | 154,225 | 3,327,000 | 1.31% | ||
| 22 | PNC FINL SVCS GROUP INC | 33,940 | 3,246,000 | 1.28% | ||
| 23 | JPMORGAN CHASE & CO | 45,150 | 3,059,000 | 1.21% | ||
| 24 | SUN LIFE FINL INC | 85,300 | 2,847,000 | 1.12% | ||
| 25 | JPMORGAN CHASE & CO | 41,500 | 2,812,000 | 1.11% | Put | |
| 26 | AMERICAN CAPITAL AGENCY CORP | 146,400 | 2,689,000 | 1.06% | ||
| 27 | RLJ LODGING | 83,550 | 2,488,000 | 0.98% | ||
| 28 | MANULIFE FINL CORP | 131,100 | 2,436,000 | 0.96% | ||
| 29 | NUVEEN PFD INCOME OPPORTUN | 260,000 | 2,382,000 | 0.94% | ||
| 30 | HOST HOTELS & RESORTS INC COM | 115,300 | 2,286,000 | 0.90% | ||
| 31 | LXP INDUSTRIAL TRUST COM | 250,250 | 2,122,000 | 0.84% | ||
| 32 | TWO HBRS INVT CORP | 189,640 | 1,847,000 | 0.73% | ||
| 33 | APOLLO INVT CORP | 254,150 | 1,799,000 | 0.71% | ||
| 34 | SPDR SER TR | 40,000 | 1,766,000 | 0.70% | Put | |
| 35 | METLIFE INC | 28,000 | 1,568,000 | 0.62% | Call | |
| 36 | CAPITAL ONE FINL CORP | 17,699 | 1,557,000 | 0.61% | ||
| 37 | DISCOVER FINANCIAL | 26,600 | 1,533,000 | 0.60% | ||
| 38 | KIMCO REALTY | 67,400 | 1,519,000 | 0.60% | ||
| 39 | ISHARES TR | 20,000 | 1,427,000 | 0.56% | Call | |
| 40 | OCH-ZIFF CAP MGMT GROUP CL A SHS | 109,850 | 1,342,000 | 0.53% | ||
| 41 | MTGE INVT CORP | 82,650 | 1,322,000 | 0.52% | ||
| 42 | GOLUB CAP BDC INC | 79,186 | 1,311,000 | 0.52% | ||
| 43 | ROYAL BK SCOTLAND GROUP PLC | 50,000 | 1,269,000 | 0.50% | ||
| 44 | SILVER BAY RLTY TR CORP | 77,703 | 1,266,000 | 0.50% | ||
| 45 | BLACKSTONE GROUP L P | 30,000 | 1,226,000 | 0.48% | Put | |
| 46 | ISHARES SILVER TR | 80,400 | 1,208,000 | 0.48% | Call | |
| 47 | EQUITY RESIDENT | 16,172 | 1,135,000 | 0.45% | ||
| 48 | CITIGROUP INC | 20,000 | 1,105,000 | 0.44% | Call | |
| 49 | PENNYMAC CORP | 1,000,000 | 930,000 | 0.37% | PRN | |
| 50 | Vaneck Vectors Gold | 50,000 | 891,000 | 0.35% | Call |
Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001426665-15-000005, filed 2015.08.04).
From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.
