III CAPITAL MANAGEMENT

Filed: 11/14/2024ACC: 0001783139-24-000006

📋 What this filing means

III CAPITAL MANAGEMENT filed this quarterly 13F‑HR report disclosing 85 equity positions with a total reported market value of $1.36B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$1.36B

Total AUM (reported)

801.18M

Total Shares

Allocation by class

COM$132.14M9.7%

NOTE 0.750% 2/1$130.56M9.6%

NOTE 11/1$129.22M9.5%

NOTE 0.750% 5/0$125.79M9.2%

SR LN ETF$117.35M8.6%

NOTE 3/1$88.50M6.5%

NOTE 1.000%11/1$66.40M4.9%

Portfolio Concentration

Top 3$385.57M28.3%

4–10$469.42M34.5%

11–25$379.69M27.9%

Rest$126.07M9.3%

Top 3 weight

28.3%

Top 10 weight

62.8%

Voting Authority Distribution

Total shares with voting rights: 801.18M

Sole

Full voting authority

801.18M

% 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)

Sole85

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings85

Rows:

INSIGHT ENTERPRISES INC

SOLE

NOTE 0.750% 2/1

Shares41.61M

TypePRN

Market value$130.56M

9.59%

Sole

41.61M

Shared

0.00

None

0.00

CYBERARK SOFTWARE LTD

SOLE

NOTE 11/1

Shares69.80M

TypePRN

Market value$129.22M

9.50%

Sole

69.80M

Shared

0.00

None

0.00

BOOKING HOLDINGS INC

SOLE

NOTE 0.750% 5/0

Shares56.25M

TypePRN

Market value$125.79M

9.24%

Sole

56.25M

Shared

0.00

None

0.00

INVESCO EXCH TRADED FD TR II

SOLE

SR LN ETF

Shares5.59M

TypeSH

Market value$117.35M

8.62%

Sole

5.59M

Shared

0.00

None

0.00

SPOTIFY USA INC

SOLE

NOTE 3/1

Shares82.30M

TypePRN

Market value$82.01M

6.03%

Sole

82.30M

Shared

0.00

None

0.00

CHART INDS INC

SOLE

NOTE 1.000%11/1

Shares31.64M

TypePRN

Market value$66.40M

4.88%

Sole

31.64M

Shared

0.00

None

0.00

SOUTHERN CO

SOLE

NOTE 3.875%12/1

Shares59.34M

TypePRN

Market value$66.07M

4.86%

Sole

59.34M

Shared

0.00

None

0.00

SEAGATE HDD CAYMAN

SOLE

NOTE 3.500% 6/0

Shares33.50M

TypePRN

Market value$48.09M

3.53%

Sole

33.50M

Shared

0.00

None

0.00

PROGRESS SOFTWARE CORP

SOLE

NOTE 1.000% 4/1

Shares37.43M

TypePRN

Market value$46.41M

3.41%

Sole

37.43M

Shared

0.00

None

0.00

INNOVIVA INC

SOLE

NOTE 2.500% 8/1

Shares35.84M

TypePRN

Market value$43.09M

3.17%

Sole

35.84M

Shared

0.00

None

0.00

BENTLEY SYS INC

SOLE

NOTE 0.125% 1/1

Shares42.44M

TypePRN

Market value$42.59M

3.13%

Sole

42.44M

Shared

0.00

None

0.00

LCI INDS

SOLE

NOTE 1.125% 5/1

Shares35.86M

TypePRN

Market value$36.39M

2.67%

Sole

35.86M

Shared

0.00

None

0.00

VAIL RESORTS INC

SOLE

NOTE 1/0

Shares37.63M

TypePRN

Market value$35.41M

2.60%

Sole

37.63M

Shared

0.00

None

0.00

NEXTERA ENERGY INC

SOLE

UNIT 06/01/2027

Shares555K

TypeSH

Market value$30.91M

2.27%

Sole

555K

Shared

0.00

None

0.00

ETSY INC

SOLE

NOTE 0.125%10/0

Shares30.35M

TypePRN

Market value$30.01M

2.21%

Sole

30.35M

Shared

0.00

None

0.00

DYNAVAX TECHNOLOGIES CORP

SOLE

NOTE 2.500% 5/1

Shares24.06M

TypePRN

Market value$29.23M

2.15%

Sole

24.06M

Shared

0.00

None

0.00

SHOPIFY INC

SOLE

NOTE 0.125%11/0

Shares30M

TypePRN

Market value$28.93M

2.13%

Sole

30M

Shared

0.00

None

0.00

PG&E CORP

SOLE

COM

Shares1.42M

TypeSH

Market value$28.05M

2.06%

Sole

1.42M

Shared

0.00

None

0.00

BOFA FIN LLC

SOLE

MTNF 0.600% 5/2

Shares19.93M

TypePRN

Market value$22.17M

1.63%

Sole

19.93M

Shared

0.00

None

0.00

LUCID GROUP INC

SOLE

COM

Shares6.26M

TypeSH

Market value$22.05M

1.62%

Sole

6.26M

Shared

0.00

None

0.00

NIO INC

SOLE

SPON ADS

Shares2.88M

TypeSH

Market value$19.23M

1.41%

Sole

2.88M

Shared

0.00

None

0.00

FORD MTR CO

SOLE

COM

Shares1.75M

TypeSH

Market value$18.51M

1.36%

Sole

1.75M

Shared

0.00

None

0.00

AKAMAI TECHNOLOGIES INC

SOLE

NOTE 1.125% 2/1

Shares17.50M

TypePRN

Market value$17.80M

1.31%

Sole

17.50M

Shared

0.00

None

0.00

ALIBABA GROUP HLDG LTD

SOLE

SPIRIT AIRLS INC

SOLE

COM

Shares3.39M

TypeSH

Market value$8.13M

0.60%

Sole

3.39M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
INSIGHT ENTERPRISES INCSOLE	NOTE 0.750% 2/1	41.61M	PRN	$130.56M 9.59%	41.61M
CYBERARK SOFTWARE LTDSOLE	NOTE 11/1	69.80M	PRN	$129.22M 9.50%	69.80M
BOOKING HOLDINGS INCSOLE	NOTE 0.750% 5/0	56.25M	PRN	$125.79M 9.24%	56.25M
INVESCO EXCH TRADED FD TR IISOLE	SR LN ETF	5.59M	SH	$117.35M 8.62%	5.59M
SPOTIFY USA INCSOLE	NOTE 3/1	82.30M	PRN	$82.01M 6.03%	82.30M
CHART INDS INCSOLE	NOTE 1.000%11/1	31.64M	PRN	$66.40M 4.88%	31.64M
SOUTHERN COSOLE	NOTE 3.875%12/1	59.34M	PRN	$66.07M 4.86%	59.34M
SEAGATE HDD CAYMANSOLE	NOTE 3.500% 6/0	33.50M	PRN	$48.09M 3.53%	33.50M
PROGRESS SOFTWARE CORPSOLE	NOTE 1.000% 4/1	37.43M	PRN	$46.41M 3.41%	37.43M
INNOVIVA INCSOLE	NOTE 2.500% 8/1	35.84M	PRN	$43.09M 3.17%	35.84M
BENTLEY SYS INCSOLE	NOTE 0.125% 1/1	42.44M	PRN	$42.59M 3.13%	42.44M
LCI INDSSOLE	NOTE 1.125% 5/1	35.86M	PRN	$36.39M 2.67%	35.86M
VAIL RESORTS INCSOLE	NOTE 1/0	37.63M	PRN	$35.41M 2.60%	37.63M
NEXTERA ENERGY INCSOLE	UNIT 06/01/2027	555K	SH	$30.91M 2.27%	555K
ETSY INCSOLE	NOTE 0.125%10/0	30.35M	PRN	$30.01M 2.21%	30.35M
DYNAVAX TECHNOLOGIES CORPSOLE	NOTE 2.500% 5/1	24.06M	PRN	$29.23M 2.15%	24.06M
SHOPIFY INCSOLE	NOTE 0.125%11/0	30M	PRN	$28.93M 2.13%	30M
PG&E CORPSOLE	COM	1.42M	SH	$28.05M 2.06%	1.42M
BOFA FIN LLCSOLE	MTNF 0.600% 5/2	19.93M	PRN	$22.17M 1.63%	19.93M
LUCID GROUP INCSOLE	COM	6.26M	SH	$22.05M 1.62%	6.26M
NIO INCSOLE	SPON ADS	2.88M	SH	$19.23M 1.41%	2.88M
FORD MTR COSOLE	COM	1.75M	SH	$18.51M 1.36%	1.75M
AKAMAI TECHNOLOGIES INCSOLE	NOTE 1.125% 2/1	17.50M	PRN	$17.80M 1.31%	17.50M
ALIBABA GROUP HLDG LTDSOLE	SPONSORED ADS	96.80K	SH	$10.27M 0.75%	96.80K
SPIRIT AIRLS INCSOLE	COM	3.39M	SH	$8.13M 0.60%	3.39M

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