Credit-cycle sage. Equities are the sideshow to the bond book.
| Symbol | Value | % of book | vs prior quarter |
|---|---|---|---|
| TRMD | $1.3B | 20% | unchanged |
| EXE | $615M | 10% | trimmed |
| SBLK | $461M | 7% | unchanged |
| VST | $446M | 7% | trimmed |
| unlisted | $340M | 5% | unchanged |
| GTX | $334M | 5% | added |
| RWAY | $260M | 4% | unchanged |
| STKL | $139M | 2% | unchanged |
| NMIH | $127M | 2% | unchanged |
| ALLY | $124M | 2% | trimmed |
| unlisted | $122M | 2% | unchanged |
| PBR | $109M | 2% | trimmed |
| BBD | $107M | 2% | added |
| FCX | $105M | 2% | trimmed |
| VALE | $104M | 2% | trimmed |
| CX | $103M | 2% | unchanged |
| AU | $100M | 2% | trimmed |
| IBN | $92M | 1% | trimmed |
| CBL | $88M | 1% | unchanged |
| unlisted | $74M | 1% | unchanged |
| VIST | $70M | 1% | unchanged |
| unlisted | $64M | 1% | unchanged |
| INFY | $59M | 1% | new |
| AZUL | $58M | 1% | trimmed |
| KRC | $56M | 1% | unchanged |
| unlisted | $52M | 1% | trimmed |
| ITUB | $48M | 1% | trimmed |
| unlisted | $46M | 1% | unchanged |
| BAP | $42M | 1% | trimmed |
| DQ | $41M | 1% | trimmed |
| TX | $40M | 1% | added |
| SQM | $37M | 1% | new |
| OCSL | $36M | 1% | added |
| JD | $35M | 1% | new |
| unlisted | $33M | 1% | unchanged |
| MX | $32M | 1% | added |
| SMRT | $29M | 0% | unchanged |
| PAM | $28M | 0% | unchanged |
| VVR | $24M | 0% | trimmed |
| TGS | $23M | 0% | trimmed |
| MTG | $19M | 0% | unchanged |
| HTZ | $18M | 0% | trimmed |
| ONIT | $17M | 0% | trimmed |
| BATL | $17M | 0% | unchanged |
| XJQCX | $17M | 0% | unchanged |
| UNIT | $16M | 0% | unchanged |
| STHO | $15M | 0% | added |
| TEO | $12M | 0% | unchanged |
| YPF | $11M | 0% | trimmed |
| HIMS | $10M | 0% | trimmed |
| unlisted | $8M | 0% | unchanged |
| AIEV | $8M | 0% | unchanged |
| unlisted | $8M | 0% | unchanged |
| TPICQ | $7M | 0% | unchanged |
| unlisted | $7M | 0% | unchanged |
| LBRDK | $7M | 0% | unchanged |
| unlisted | $6M | 0% | unchanged |
| unlisted | $6M | 0% | unchanged |
| unlisted | $6M | 0% | unchanged |
| unlisted | $6M | 0% | unchanged |