III CAPITAL MANAGEMENT

Filed: 5/15/2023ACC: 0001172661-23-002333

📋 What this filing means

III CAPITAL MANAGEMENT filed this quarterly 13F‑HR report disclosing 139 equity positions with a total reported market value of $1.78B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

139

Positions

$1.78B

Total AUM (reported)

1.09B

Total Shares

Allocation by class

TR UNIT$214.93M12.1%

NOTE 0.375% 6/0$141.10M7.9%

NOTE 0.625% 6/1$97.71M5.5%

NOTE 0.750% 2/1$95.46M5.4%

NOTE 0.125%10/0$73.10M4.1%

NOTE 2.375% 6/0$72.16M4.1%

NOTE 0.375% 9/0$70.23M4.0%

Portfolio Concentration

Top 3$453.74M25.5%

4–10$444.13M25.0%

11–25$487.44M27.4%

Rest$392.52M22.1%

Top 3 weight

25.5%

Top 10 weight

50.5%

Voting Authority Distribution

Total shares with voting rights: 1.09B

Sole

Full voting authority

1.09B

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole139

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings139

Rows:

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares525K

TypeSH

Market value$214.93M

12.09%

Sole

525K

Shared

0.00

None

0.00

PALO ALTO NETWORKS INC

SOLE

NOTE 0.375% 6/0

Shares69.91M

TypePRN

Market value$141.10M

7.94%

Sole

69.91M

Shared

0.00

None

0.00

SILICON LABORATORIES INC

SOLE

NOTE 0.625% 6/1

Shares65.07M

TypePRN

Market value$97.71M

5.50%

Sole

65.07M

Shared

0.00

None

0.00

INSIGHT ENTERPRISES INC

SOLE

NOTE 0.750% 2/1

Shares45.69M

TypePRN

Market value$95.46M

5.37%

Sole

45.69M

Shared

0.00

None

0.00

ETSY INC

SOLE

NOTE 0.125%10/0

Shares50.94M

TypePRN

Market value$73.10M

4.11%

Sole

50.94M

Shared

0.00

None

0.00

ENVISTA HOLDINGS CORPORATION

SOLE

NOTE 2.375% 6/0

Shares36.08M

TypePRN

Market value$72.16M

4.06%

Sole

36.08M

Shared

0.00

None

0.00

PURE STORAGE INC

SOLE

NOTE 0.125% 4/1

Shares62.37M

TypePRN

Market value$62.42M

3.51%

Sole

62.37M

Shared

0.00

None

0.00

ATI INC

SOLE

NOTE 3.500% 6/1

Shares20M

TypePRN

Market value$51.88M

2.92%

Sole

20M

Shared

0.00

None

0.00

DEXCOM INC

SOLE

NOTE 0.750%12/0

Shares16.30M

TypePRN

Market value$46.13M

2.59%

Sole

16.30M

Shared

0.00

None

0.00

FTI CONSULTING INC

SOLE

NOTE 2.000% 8/1

Shares21.99M

TypePRN

Market value$42.98M

2.42%

Sole

21.99M

Shared

0.00

None

0.00

VERADIGM INC

SOLE

NOTE 0.875% 1/0

Shares34.91M

TypePRN

Market value$39.46M

2.22%

Sole

34.91M

Shared

0.00

None

0.00

WORKIVA INC

SOLE

NOTE 1.125% 8/1

Shares27.47M

TypePRN

Market value$38.86M

2.19%

Sole

27.47M

Shared

0.00

None

0.00

AMERICAN AIRLINES GROUP INC

SOLE

NOTE 6.500% 7/0

Shares33.18M

TypePRN

Market value$38.40M

2.16%

Sole

33.18M

Shared

0.00

None

0.00

INSULET CORP

SOLE

NOTE 0.375% 9/0

Shares25M

TypePRN

Market value$37.42M

2.10%

Sole

25M

Shared

0.00

None

0.00

PALO ALTO NETWORKS INC

SOLE

NOTE 0.750% 7/0

Shares16M

TypePRN

Market value$35.88M

2.02%

Sole

16M

Shared

0.00

None

0.00

MIDDLEBY CORP

SOLE

NOTE 1.000% 9/0

Shares28.16M

TypePRN

Market value$35.01M

1.97%

Sole

28.16M

Shared

0.00

None

0.00

JAZZ INVESTMENTS I LTD

SOLE

NOTE 1.500% 8/1

Shares34.67M

TypePRN

Market value$33.52M

1.89%

Sole

34.67M

Shared

0.00

None

0.00

AKAMAI TECHNOLOGIES INC

SOLE

NOTE 0.375% 9/0

Shares35.55M

TypePRN

Market value$32.81M

1.85%

Sole

35.55M

Shared

0.00

None

0.00

SSGA ACTIVE ETF TR

SOLE

BLACKSTONE SENR

Shares789K

TypeSH

Market value$32.71M

1.84%

Sole

789K

Shared

0.00

None

0.00

DISH NETWORK CORPORATION

SOLE

NOTE 12/1

Shares59.45M

TypePRN

Market value$31.47M

1.77%

Sole

59.45M

Shared

0.00

None

0.00

GRANITE CONSTR INC

SOLE

NOTE 2.750%11/0

Shares22M

TypePRN

Market value$29.82M

1.68%

Sole

22M

Shared

0.00

None

0.00

AMERICAN AIRLS GROUP INC

SOLE

COM

Shares2M

TypeSH

Market value$29.50M

1.66%

Sole

Shared

0.00

None

0.00

VARONIS SYS INC

SOLE

NOTE 1.250% 8/1

Shares24.24M

TypePRN

Market value$26.53M

1.49%

Sole

24.24M

Shared

0.00

None

0.00

MARRIOTT VACATIONS WORLDWIDE

SOLE

NOTE 1/1

Shares24.14M

TypePRN

Market value$23.47M

1.32%

Sole

24.14M

Shared

0.00

None

0.00

DISH NETWORK CORPORATION

SOLE

CL A

Shares2.42M

TypeSH

Market value$22.59M

1.27%

Sole

2.42M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
SPDR S&P 500 ETF TRSOLE	TR UNIT	525K	SH	$214.93M 12.09%	525K
PALO ALTO NETWORKS INCSOLE	NOTE 0.375% 6/0	69.91M	PRN	$141.10M 7.94%	69.91M
SILICON LABORATORIES INCSOLE	NOTE 0.625% 6/1	65.07M	PRN	$97.71M 5.50%	65.07M
INSIGHT ENTERPRISES INCSOLE	NOTE 0.750% 2/1	45.69M	PRN	$95.46M 5.37%	45.69M
ETSY INCSOLE	NOTE 0.125%10/0	50.94M	PRN	$73.10M 4.11%	50.94M
ENVISTA HOLDINGS CORPORATIONSOLE	NOTE 2.375% 6/0	36.08M	PRN	$72.16M 4.06%	36.08M
PURE STORAGE INCSOLE	NOTE 0.125% 4/1	62.37M	PRN	$62.42M 3.51%	62.37M
ATI INCSOLE	NOTE 3.500% 6/1	20M	PRN	$51.88M 2.92%	20M
DEXCOM INCSOLE	NOTE 0.750%12/0	16.30M	PRN	$46.13M 2.59%	16.30M
FTI CONSULTING INCSOLE	NOTE 2.000% 8/1	21.99M	PRN	$42.98M 2.42%	21.99M
VERADIGM INCSOLE	NOTE 0.875% 1/0	34.91M	PRN	$39.46M 2.22%	34.91M
WORKIVA INCSOLE	NOTE 1.125% 8/1	27.47M	PRN	$38.86M 2.19%	27.47M
AMERICAN AIRLINES GROUP INCSOLE	NOTE 6.500% 7/0	33.18M	PRN	$38.40M 2.16%	33.18M
INSULET CORPSOLE	NOTE 0.375% 9/0	25M	PRN	$37.42M 2.10%	25M
PALO ALTO NETWORKS INCSOLE	NOTE 0.750% 7/0	16M	PRN	$35.88M 2.02%	16M
MIDDLEBY CORPSOLE	NOTE 1.000% 9/0	28.16M	PRN	$35.01M 1.97%	28.16M
JAZZ INVESTMENTS I LTDSOLE	NOTE 1.500% 8/1	34.67M	PRN	$33.52M 1.89%	34.67M
AKAMAI TECHNOLOGIES INCSOLE	NOTE 0.375% 9/0	35.55M	PRN	$32.81M 1.85%	35.55M
SSGA ACTIVE ETF TRSOLE	BLACKSTONE SENR	789K	SH	$32.71M 1.84%	789K
DISH NETWORK CORPORATIONSOLE	NOTE 12/1	59.45M	PRN	$31.47M 1.77%	59.45M
GRANITE CONSTR INCSOLE	NOTE 2.750%11/0	22M	PRN	$29.82M 1.68%	22M
AMERICAN AIRLS GROUP INCSOLE	COM	2M	SH	$29.50M 1.66%	2M
VARONIS SYS INCSOLE	NOTE 1.250% 8/1	24.24M	PRN	$26.53M 1.49%	24.24M
MARRIOTT VACATIONS WORLDWIDESOLE	NOTE 1/1	24.14M	PRN	$23.47M 1.32%	24.14M
DISH NETWORK CORPORATIONSOLE	CL A	2.42M	SH	$22.59M 1.27%	2.42M

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