III CAPITAL MANAGEMENT

Filed: 2/14/2024ACC: 0001172661-24-001604

📋 What this filing means

III CAPITAL MANAGEMENT filed this quarterly 13F‑HR report disclosing 147 equity positions with a total reported market value of $2.39B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

147

Positions

$2.39B

Total AUM (reported)

1.33B

Total Shares

Allocation by class

IBOXX INV CP ETF$312.68M13.1%

COM$284.24M11.9%

NOTE 6.000% 8/1$151.70M6.3%

NOTE 1.000% 9/0$85.45M3.6%

NOTE 0.750% 2/1$84.53M3.5%

NOTE 1.000%11/1$84.17M3.5%

NOTE 0.125%10/0$72.56M3.0%

Portfolio Concentration

Top 3$549.83M23.0%

4–10$468.53M19.6%

11–25$504.21M21.1%

Rest$867.95M36.3%

Top 3 weight

23.0%

Top 10 weight

42.6%

Voting Authority Distribution

Total shares with voting rights: 1.33B

Sole

Full voting authority

1.33B

% 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)

Sole147

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings147

Rows:

ISHARES TR

SOLE

IBOXX INV CP ETF

Shares2.83M

TypeSH

Market value$312.68M

13.08%

Sole

2.83M

Shared

0.00

None

0.00

ROYAL CARIBBEAN GROUP

SOLE

NOTE 6.000% 8/1

Shares56.94M

TypePRN

Market value$151.70M

6.35%

Sole

56.94M

Shared

0.00

None

0.00

MIDDLEBY CORP

SOLE

NOTE 1.000% 9/0

Shares70M

TypePRN

Market value$85.45M

3.57%

Sole

70M

Shared

0.00

None

0.00

INSIGHT ENTERPRISES INC

SOLE

NOTE 0.750% 2/1

Shares32.51M

TypePRN

Market value$84.53M

3.54%

Sole

32.51M

Shared

0.00

None

0.00

CHART INDS INC

SOLE

NOTE 1.000%11/1

Shares36M

TypePRN

Market value$84.17M

3.52%

Sole

36M

Shared

0.00

None

0.00

ETSY INC

SOLE

NOTE 0.125%10/0

Shares62.95M

TypePRN

Market value$72.56M

3.04%

Sole

62.95M

Shared

0.00

None

0.00

ATI INC

SOLE

NOTE 3.500% 6/1

Shares23.05M

TypePRN

Market value$68.30M

2.86%

Sole

23.05M

Shared

0.00

None

0.00

AMERICAN AIRLS GROUP INC

SOLE

COM

Shares4.15M

TypeSH

Market value$57.02M

2.39%

Sole

4.15M

Shared

0.00

None

0.00

AKAMAI TECHNOLOGIES INC

SOLE

NOTE 0.375% 9/0

Shares49.67M

TypePRN

Market value$55.53M

2.32%

Sole

49.67M

Shared

0.00

None

0.00

BOOKING HOLDINGS INC

SOLE

NOTE 0.750% 5/0

Shares24.60M

TypePRN

Market value$46.42M

1.94%

Sole

24.60M

Shared

0.00

None

0.00

WINNEBAGO INDS INC

SOLE

NOTE 1.500% 4/0

Shares31.61M

TypePRN

Market value$39.67M

1.66%

Sole

31.61M

Shared

0.00

None

0.00

CYBERARK SOFTWARE LTD

SOLE

NOTE 11/1

Shares27.82M

TypePRN

Market value$39.43M

1.65%

Sole

27.82M

Shared

0.00

None

0.00

VERADIGM INC

SOLE

NOTE 0.875% 1/0

Shares37.41M

TypePRN

Market value$37.66M

1.58%

Sole

37.41M

Shared

0.00

None

0.00

PARSONS CORP DEL

SOLE

NOTE 0.250% 8/1

Shares26.15M

TypePRN

Market value$37.50M

1.57%

Sole

26.15M

Shared

0.00

None

0.00

CNX RES CORP

SOLE

NOTE 2.250% 5/0

Shares22.27M

TypePRN

Market value$36.12M

1.51%

Sole

22.27M

Shared

0.00

None

0.00

INVESCO EXCH TRADED FD TR II

SOLE

SR LN ETF

Shares1.67M

TypeSH

Market value$35.31M

1.48%

Sole

1.67M

Shared

0.00

None

0.00

SPIRIT AIRLS INC

SOLE

COM

Shares2.12M

TypeSH

Market value$34.79M

1.46%

Sole

2.12M

Shared

0.00

None

0.00

MICROSTRATEGY INC

SOLE

NOTE 0.750%12/1

Shares20.01M

TypePRN

Market value$33.06M

1.38%

Sole

20.01M

Shared

0.00

None

0.00

JETBLUE AWYS CORP

SOLE

COM

Shares5.91M

TypeSH

Market value$32.80M

1.37%

Sole

5.91M

Shared

0.00

None

0.00

INTEGRA LIFESCIENCES HLDGS C

SOLE

NOTE 0.500% 8/1

Shares34.65M

TypePRN

Market value$32.67M

1.37%

Sole

34.65M

Shared

0.00

None

0.00

BLOCK INC

SOLE

NOTE 0.125% 3/0

Shares32.80M

TypePRN

Market value$32.14M

1.34%

Sole

32.80M

Shared

0.00

None

0.00

JAZZ INVESTMENTS I LTD

SOLE

NOTE 1.500% 8/1

Shares32.50M

TypePRN

Market value$31.54M

1.32%

Sole

32.50M

Shared

0.00

None

0.00

GEO CORRECTIONS HOLDINGS INC

SOLE

NOTE 6.500% 2/2

Shares20M

TypePRN

Market value$27.95M

1.17%

Sole

20M

Shared

0.00

None

0.00

INTERDIGITAL INC

SOLE

NOTE 3.500% 6/0

Shares18.75M

TypePRN

Market value$27.58M

1.15%

Sole

18.75M

Shared

0.00

None

0.00

GUIDEWIRE SOFTWARE INC

SOLE

NOTE 1.250% 3/1

Shares23.50M

TypePRN

Market value$26.00M

1.09%

Sole

23.50M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
ISHARES TRSOLE	IBOXX INV CP ETF	2.83M	SH	$312.68M 13.08%	2.83M
ROYAL CARIBBEAN GROUPSOLE	NOTE 6.000% 8/1	56.94M	PRN	$151.70M 6.35%	56.94M
MIDDLEBY CORPSOLE	NOTE 1.000% 9/0	70M	PRN	$85.45M 3.57%	70M
INSIGHT ENTERPRISES INCSOLE	NOTE 0.750% 2/1	32.51M	PRN	$84.53M 3.54%	32.51M
CHART INDS INCSOLE	NOTE 1.000%11/1	36M	PRN	$84.17M 3.52%	36M
ETSY INCSOLE	NOTE 0.125%10/0	62.95M	PRN	$72.56M 3.04%	62.95M
ATI INCSOLE	NOTE 3.500% 6/1	23.05M	PRN	$68.30M 2.86%	23.05M
AMERICAN AIRLS GROUP INCSOLE	COM	4.15M	SH	$57.02M 2.39%	4.15M
AKAMAI TECHNOLOGIES INCSOLE	NOTE 0.375% 9/0	49.67M	PRN	$55.53M 2.32%	49.67M
BOOKING HOLDINGS INCSOLE	NOTE 0.750% 5/0	24.60M	PRN	$46.42M 1.94%	24.60M
WINNEBAGO INDS INCSOLE	NOTE 1.500% 4/0	31.61M	PRN	$39.67M 1.66%	31.61M
CYBERARK SOFTWARE LTDSOLE	NOTE 11/1	27.82M	PRN	$39.43M 1.65%	27.82M
VERADIGM INCSOLE	NOTE 0.875% 1/0	37.41M	PRN	$37.66M 1.58%	37.41M
PARSONS CORP DELSOLE	NOTE 0.250% 8/1	26.15M	PRN	$37.50M 1.57%	26.15M
CNX RES CORPSOLE	NOTE 2.250% 5/0	22.27M	PRN	$36.12M 1.51%	22.27M
INVESCO EXCH TRADED FD TR IISOLE	SR LN ETF	1.67M	SH	$35.31M 1.48%	1.67M
SPIRIT AIRLS INCSOLE	COM	2.12M	SH	$34.79M 1.46%	2.12M
MICROSTRATEGY INCSOLE	NOTE 0.750%12/1	20.01M	PRN	$33.06M 1.38%	20.01M
JETBLUE AWYS CORPSOLE	COM	5.91M	SH	$32.80M 1.37%	5.91M
INTEGRA LIFESCIENCES HLDGS CSOLE	NOTE 0.500% 8/1	34.65M	PRN	$32.67M 1.37%	34.65M
BLOCK INCSOLE	NOTE 0.125% 3/0	32.80M	PRN	$32.14M 1.34%	32.80M
JAZZ INVESTMENTS I LTDSOLE	NOTE 1.500% 8/1	32.50M	PRN	$31.54M 1.32%	32.50M
GEO CORRECTIONS HOLDINGS INCSOLE	NOTE 6.500% 2/2	20M	PRN	$27.95M 1.17%	20M
INTERDIGITAL INCSOLE	NOTE 3.500% 6/0	18.75M	PRN	$27.58M 1.15%	18.75M
GUIDEWIRE SOFTWARE INCSOLE	NOTE 1.250% 3/1	23.50M	PRN	$26.00M 1.09%	23.50M

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