BIRCH GROVE CAPITAL LP

Filed: 11/14/2022ACC: 0000950142-22-003166

📋 What this filing means

BIRCH GROVE CAPITAL LP filed this quarterly 13F‑HR report disclosing 41 equity positions with a total reported market value of $256.2K. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$256.2K

Total AUM (reported)

278.12M

Total Shares

Allocation by class

NOTE 1.750% 2/1$25.3K9.9%

NOTE 3/1$21.5K8.4%

NOTE 2.625% 3/1$20.5K8.0%

NOTE 3.250% 5/0$16.2K6.3%

NOTE 1.500% 8/1$15.5K6.0%

NOTE 12/1$13.7K5.3%

NOTE 0.750% 2/0$12.8K5.0%

Portfolio Concentration

Top 3$62.0K24.2%

4–10$88.9K34.7%

11–25$89.7K35.0%

Rest$15.6K6.1%

Top 3 weight

24.2%

Top 10 weight

58.9%

Voting Authority Distribution

Total shares with voting rights: 278.12M

Sole

Full voting authority

4.03M

% of voting shares1.4%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

274.09M

% of voting shares98.6%

Investment Discretion (by position count)

Sole41

Shared0

Other0

Dominant voting typeNone · 98.6% of voting shares

Institutional Holdings41

Rows:

TABULA RASA HEALTHCARE INC

SOLE

NOTE 1.750% 2/1

Shares31.38M

TypePRN

Market value$25.3K

9.89%

Sole

0.00

Shared

0.00

None

31.38M

HERBALIFE LTD

SOLE

NOTE 2.625% 3/1

Shares22.55M

TypePRN

Market value$20.5K

8.00%

Sole

0.00

Shared

0.00

None

22.55M

KAMAN CORP

SOLE

NOTE 3.250% 5/0

Shares17.03M

TypePRN

Market value$16.2K

6.31%

Sole

0.00

Shared

0.00

None

17.03M

JAZZ INVESTMENTS I LTD

SOLE

NOTE 1.500% 8/1

Shares16.10M

TypePRN

Market value$15.5K

6.04%

Sole

0.00

Shared

0.00

None

16.10M

UBER TECHNOLOGIES INC

SOLE

NOTE 12/1

Shares16.50M

TypePRN

Market value$13.7K

5.34%

Sole

0.00

Shared

0.00

None

16.50M

SPOTIFY USA INC

SOLE

NOTE 3/1

Shares16.40M

TypePRN

Market value$13.0K

5.06%

Sole

0.00

Shared

0.00

None

16.40M

MITEK SYS INC

SOLE

NOTE 0.750% 2/0

Shares15.53M

TypePRN

Market value$12.8K

4.99%

Sole

0.00

Shared

0.00

None

15.53M

JETBLUE AIRWAYS CORP

SOLE

NOTE 0.500% 4/0

Shares16.50M

TypePRN

Market value$11.9K

4.65%

Sole

0.00

Shared

0.00

None

16.50M

MAGNITE INC

SOLE

NOTE 0.250% 3/1

Shares15.50M

TypePRN

Market value$11.8K

4.60%

Sole

0.00

Shared

0.00

None

15.50M

SPLUNK INC

SOLE

NOTE 1.125% 6/1

Shares13.05M

TypePRN

Market value$10.3K

4.03%

Sole

0.00

Shared

0.00

None

13.05M

THE REALREAL INC

SOLE

NOTE 1.000% 3/0

Shares20.22M

TypePRN

Market value$9.2K

3.58%

Sole

0.00

Shared

0.00

None

20.22M

AERIE PHARMACEUTICALS INC

SOLE

NOTE 1.500% 10/0

Shares9.10M

TypePRN

Market value$8.9K

3.49%

Sole

0.00

Shared

0.00

None

9.10M

RINGCENTRAL INC

SOLE

NOTE 3/1

Shares11M

TypePRN

Market value$8.5K

3.32%

Sole

0.00

Shared

0.00

None

11M

KARYOPHARM THERAPEUTICS INC

SOLE

NOTE 3.000% 10/1

Shares10M

TypePRN

Market value$8.1K

3.18%

Sole

0.00

Shared

0.00

None

10M

NUVASIVE INC

SOLE

NOTE 1.000% 6/0

Shares8M

TypePRN

Market value$7.8K

3.03%

Sole

0.00

Shared

0.00

None

NUVASIVE INC

SOLE

NOTE 0.375% 3/1

Shares8.03M

TypePRN

Market value$7.0K

2.74%

Sole

0.00

Shared

0.00

None

8.03M

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares430K

TypeSH

Market value$6.3K

2.44%

Sole

430K

Shared

0.00

None

0.00

STARRY GROUP HOLDINGS INC

SOLE

CL A COM

Shares670.94K

TypeSH

Market value$6.2K

2.41%

Sole

670.94K

Shared

0.00

None

0.00

1LIFE HEALTHCARE INC

SOLE

NOTE 3.000% 6/1

Shares6M

TypePRN

Market value$5.8K

2.28%

Sole

0.00

Shared

0.00

None

INOTIV INC

SOLE

COM

Shares296.10K

TypeSH

Market value$5.0K

1.95%

Sole

296.10K

Shared

0.00

None

0.00

ISHARES TR

SOLE

IBOXX HI YD ETF

Shares1.51M

TypeSH

Market value$4.6K

1.80%

Sole

1.51M

Shared

0.00

None

0.00

PRECIGEN INC

SOLE

NOTE 3.500% 7/1

Shares4.50M

TypePRN

Market value$4.4K

1.72%

Sole

0.00

Shared

0.00

None

4.50M

THE REALREAL INC

SOLE

NOTE 3.000% 6/1

Shares5M

TypePRN

Market value$3.1K

1.21%

Sole

0.00

Shared

0.00

None

SPLUNK INC

SOLE

NOTE 1.125% 9/1

Shares3M

TypePRN

Market value$2.7K

1.04%

Sole

0.00

Shared

0.00

None

EVOLENT HEALTH INC

SOLE

NOTE 3.500% 10/1

Shares1.05M

TypePRN

Market value$2.2K

0.84%

Sole

0.00

Shared

0.00

None

1.05M

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
TABULA RASA HEALTHCARE INCSOLE	NOTE 1.750% 2/1	31.38M	PRN	$25.3K 9.89%	0.00	31.38M
HERBALIFE LTDSOLE	NOTE 2.625% 3/1	22.55M	PRN	$20.5K 8.00%	0.00	22.55M
KAMAN CORPSOLE	NOTE 3.250% 5/0	17.03M	PRN	$16.2K 6.31%	0.00	17.03M
JAZZ INVESTMENTS I LTDSOLE	NOTE 1.500% 8/1	16.10M	PRN	$15.5K 6.04%	0.00	16.10M
UBER TECHNOLOGIES INCSOLE	NOTE 12/1	16.50M	PRN	$13.7K 5.34%	0.00	16.50M
SPOTIFY USA INCSOLE	NOTE 3/1	16.40M	PRN	$13.0K 5.06%	0.00	16.40M
MITEK SYS INCSOLE	NOTE 0.750% 2/0	15.53M	PRN	$12.8K 4.99%	0.00	15.53M
JETBLUE AIRWAYS CORPSOLE	NOTE 0.500% 4/0	16.50M	PRN	$11.9K 4.65%	0.00	16.50M
MAGNITE INCSOLE	NOTE 0.250% 3/1	15.50M	PRN	$11.8K 4.60%	0.00	15.50M
SPLUNK INCSOLE	NOTE 1.125% 6/1	13.05M	PRN	$10.3K 4.03%	0.00	13.05M
THE REALREAL INCSOLE	NOTE 1.000% 3/0	20.22M	PRN	$9.2K 3.58%	0.00	20.22M
AERIE PHARMACEUTICALS INCSOLE	NOTE 1.500% 10/0	9.10M	PRN	$8.9K 3.49%	0.00	9.10M
RINGCENTRAL INCSOLE	NOTE 3/1	11M	PRN	$8.5K 3.32%	0.00	11M
KARYOPHARM THERAPEUTICS INCSOLE	NOTE 3.000% 10/1	10M	PRN	$8.1K 3.18%	0.00	10M
NUVASIVE INCSOLE	NOTE 1.000% 6/0	8M	PRN	$7.8K 3.03%	0.00	8M
NUVASIVE INCSOLE	NOTE 0.375% 3/1	8.03M	PRN	$7.0K 2.74%	0.00	8.03M
INVESCO QQQ TRSOLE	UNIT SER 1	430K	SH	$6.3K 2.44%	430K	0.00
STARRY GROUP HOLDINGS INCSOLE	CL A COM	670.94K	SH	$6.2K 2.41%	670.94K	0.00
1LIFE HEALTHCARE INCSOLE	NOTE 3.000% 6/1	6M	PRN	$5.8K 2.28%	0.00	6M
INOTIV INCSOLE	COM	296.10K	SH	$5.0K 1.95%	296.10K	0.00
ISHARES TRSOLE	IBOXX HI YD ETF	1.51M	SH	$4.6K 1.80%	1.51M	0.00
PRECIGEN INCSOLE	NOTE 3.500% 7/1	4.50M	PRN	$4.4K 1.72%	0.00	4.50M
THE REALREAL INCSOLE	NOTE 3.000% 6/1	5M	PRN	$3.1K 1.21%	0.00	5M
SPLUNK INCSOLE	NOTE 1.125% 9/1	3M	PRN	$2.7K 1.04%	0.00	3M
EVOLENT HEALTH INCSOLE	NOTE 3.500% 10/1	1.05M	PRN	$2.2K 0.84%	0.00	1.05M

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