III CAPITAL MANAGEMENT

Filed: 5/15/2024ACC: 0001172661-24-002502

📋 What this filing means

III CAPITAL MANAGEMENT filed this quarterly 13F‑HR report disclosing 122 equity positions with a total reported market value of $2.15B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

122

Positions

$2.15B

Total AUM (reported)

1.13B

Total Shares

Allocation by class

COM$233.01M10.8%

NOTE 6.000% 8/1$170.25M7.9%

IBOXX INV CP ETF$155.67M7.2%

NOTE 0.750% 5/0$123.48M5.7%

NOTE 3.500% 6/1$110.82M5.2%

NOTE 0.750% 2/1$101.98M4.7%

NOTE 1.000%11/1$101.41M4.7%

Portfolio Concentration

Top 3$449.40M20.9%

4–10$586.29M27.3%

11–25$589.58M27.4%

Rest$523.85M24.4%

Top 3 weight

20.9%

Top 10 weight

48.2%

Voting Authority Distribution

Total shares with voting rights: 1.13B

Sole

Full voting authority

1.13B

% 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)

Sole122

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings122

Rows:

ROYAL CARIBBEAN GROUP

SOLE

NOTE 6.000% 8/1

Shares59.89M

TypePRN

Market value$170.25M

7.92%

Sole

59.89M

Shared

0.00

None

0.00

ISHARES TR

SOLE

IBOXX INV CP ETF

Shares1.43M

TypeSH

Market value$155.67M

7.24%

Sole

1.43M

Shared

0.00

None

0.00

BOOKING HOLDINGS INC

SOLE

NOTE 0.750% 5/0

Shares63.91M

TypePRN

Market value$123.48M

5.75%

Sole

63.91M

Shared

0.00

None

0.00

ATI INC

SOLE

NOTE 3.500% 6/1

Shares33.40M

TypePRN

Market value$110.82M

5.16%

Sole

33.40M

Shared

0.00

None

0.00

INSIGHT ENTERPRISES INC

SOLE

NOTE 0.750% 2/1

Shares37.51M

TypePRN

Market value$101.98M

4.75%

Sole

37.51M

Shared

0.00

None

0.00

CHART INDS INC

SOLE

NOTE 1.000%11/1

Shares36M

TypePRN

Market value$101.41M

4.72%

Sole

36M

Shared

0.00

None

0.00

INVESCO EXCH TRADED FD TR II

SOLE

SR LN ETF

Shares4.03M

TypeSH

Market value$85.21M

3.97%

Sole

4.03M

Shared

0.00

None

0.00

MIDDLEBY CORP

SOLE

NOTE 1.000% 9/0

Shares50.70M

TypePRN

Market value$66.64M

3.10%

Sole

50.70M

Shared

0.00

None

0.00

ISHARES TR

SOLE

7-10 YR TRSY BD

Shares668.20K

TypeSH

Market value$63.25M

2.94%

Sole

668.20K

Shared

0.00

None

0.00

AKAMAI TECHNOLOGIES INC

SOLE

NOTE 0.375% 9/0

Shares53.96M

TypePRN

Market value$56.97M

2.65%

Sole

53.96M

Shared

0.00

None

0.00

BLOCK INC

SOLE

NOTE 0.125% 3/0

Shares54.33M

TypePRN

Market value$55.61M

2.59%

Sole

54.33M

Shared

0.00

None

0.00

AMERICAN AIRLS GROUP INC

SOLE

COM

Shares3.59M

TypeSH

Market value$55.11M

2.56%

Sole

3.59M

Shared

0.00

None

0.00

MONGODB INC

SOLE

NOTE 0.250% 1/1

Shares28.76M

TypePRN

Market value$50.38M

2.34%

Sole

28.76M

Shared

0.00

None

0.00

ETSY INC

SOLE

NOTE 0.125%10/0

Shares41.45M

TypePRN

Market value$43.94M

2.04%

Sole

41.45M

Shared

0.00

None

0.00

SOUTHERN CO

SOLE

NOTE 3.875%12/1

Shares43.21M

TypePRN

Market value$43.09M

2.00%

Sole

43.21M

Shared

0.00

None

0.00

GUIDEWIRE SOFTWARE INC

SOLE

NOTE 1.250% 3/1

Shares37M

TypePRN

Market value$42.71M

1.99%

Sole

37M

Shared

0.00

None

0.00

ITRON INC

SOLE

NOTE 3/1

Shares40.93M

TypePRN

Market value$41.21M

1.92%

Sole

40.93M

Shared

0.00

None

0.00

GEO CORRECTIONS HOLDINGS INC

SOLE

NOTE 6.500% 2/2

Shares23M

TypePRN

Market value$39.43M

1.83%

Sole

23M

Shared

0.00

None

0.00

LCI INDS

SOLE

NOTE 1.125% 5/1

Shares38.61M

TypePRN

Market value$38.08M

1.77%

Sole

38.61M

Shared

0.00

None

0.00

INTERDIGITAL INC

SOLE

NOTE 3.500% 6/0

Shares23.75M

TypePRN

Market value$34.24M

1.59%

Sole

23.75M

Shared

0.00

None

0.00

INNOVIVA INC

SOLE

NOTE 2.500% 8/1

Shares31.28M

TypePRN

Market value$33.45M

1.56%

Sole

31.28M

Shared

0.00

None

0.00

DROPBOX INC

SOLE

NOTE 3/0

Shares34.09M

TypePRN

Market value$31.88M

1.48%

Sole

34.09M

Shared

0.00

None

0.00

NATIONAL VISION HLDGS INC

SOLE

NOTE 2.500% 5/1

Shares26.11M

TypePRN

Market value$27.47M

1.28%

Sole

26.11M

Shared

0.00

None

0.00

ECHOSTAR CORP

SOLE

CL A

Shares1.91M

TypeSH

Market value$27.18M

1.26%

Sole

1.91M

Shared

0.00

None

0.00

PROGRESS SOFTWARE CORP

SOLE

NOTE 1.000% 4/1

Shares24.85M

TypePRN

Market value$25.80M

1.20%

Sole

24.85M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
ROYAL CARIBBEAN GROUPSOLE	NOTE 6.000% 8/1	59.89M	PRN	$170.25M 7.92%	59.89M
ISHARES TRSOLE	IBOXX INV CP ETF	1.43M	SH	$155.67M 7.24%	1.43M
BOOKING HOLDINGS INCSOLE	NOTE 0.750% 5/0	63.91M	PRN	$123.48M 5.75%	63.91M
ATI INCSOLE	NOTE 3.500% 6/1	33.40M	PRN	$110.82M 5.16%	33.40M
INSIGHT ENTERPRISES INCSOLE	NOTE 0.750% 2/1	37.51M	PRN	$101.98M 4.75%	37.51M
CHART INDS INCSOLE	NOTE 1.000%11/1	36M	PRN	$101.41M 4.72%	36M
INVESCO EXCH TRADED FD TR IISOLE	SR LN ETF	4.03M	SH	$85.21M 3.97%	4.03M
MIDDLEBY CORPSOLE	NOTE 1.000% 9/0	50.70M	PRN	$66.64M 3.10%	50.70M
ISHARES TRSOLE	7-10 YR TRSY BD	668.20K	SH	$63.25M 2.94%	668.20K
AKAMAI TECHNOLOGIES INCSOLE	NOTE 0.375% 9/0	53.96M	PRN	$56.97M 2.65%	53.96M
BLOCK INCSOLE	NOTE 0.125% 3/0	54.33M	PRN	$55.61M 2.59%	54.33M
AMERICAN AIRLS GROUP INCSOLE	COM	3.59M	SH	$55.11M 2.56%	3.59M
MONGODB INCSOLE	NOTE 0.250% 1/1	28.76M	PRN	$50.38M 2.34%	28.76M
ETSY INCSOLE	NOTE 0.125%10/0	41.45M	PRN	$43.94M 2.04%	41.45M
SOUTHERN COSOLE	NOTE 3.875%12/1	43.21M	PRN	$43.09M 2.00%	43.21M
GUIDEWIRE SOFTWARE INCSOLE	NOTE 1.250% 3/1	37M	PRN	$42.71M 1.99%	37M
ITRON INCSOLE	NOTE 3/1	40.93M	PRN	$41.21M 1.92%	40.93M
GEO CORRECTIONS HOLDINGS INCSOLE	NOTE 6.500% 2/2	23M	PRN	$39.43M 1.83%	23M
LCI INDSSOLE	NOTE 1.125% 5/1	38.61M	PRN	$38.08M 1.77%	38.61M
INTERDIGITAL INCSOLE	NOTE 3.500% 6/0	23.75M	PRN	$34.24M 1.59%	23.75M
INNOVIVA INCSOLE	NOTE 2.500% 8/1	31.28M	PRN	$33.45M 1.56%	31.28M
DROPBOX INCSOLE	NOTE 3/0	34.09M	PRN	$31.88M 1.48%	34.09M
NATIONAL VISION HLDGS INCSOLE	NOTE 2.500% 5/1	26.11M	PRN	$27.47M 1.28%	26.11M
ECHOSTAR CORPSOLE	CL A	1.91M	SH	$27.18M 1.26%	1.91M
PROGRESS SOFTWARE CORPSOLE	NOTE 1.000% 4/1	24.85M	PRN	$25.80M 1.20%	24.85M

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