Credit-cycle sage. Equities are the sideshow to the bond book.
| Symbol | Value | % of book | vs prior quarter |
|---|---|---|---|
| TRMD | $1.7B | 33% | trimmed |
| EXE | $565M | 11% | unchanged |
| GTX | $379M | 7% | unchanged |
| unlisted | $305M | 6% | unchanged |
| SBLK | $194M | 4% | added |
| AU | $159M | 3% | added |
| unlisted | $153M | 3% | unchanged |
| VALE | $142M | 3% | added |
| RWAY | $127M | 2% | trimmed |
| FCX | $118M | 2% | trimmed |
| VIST | $114M | 2% | added |
| STKL | $112M | 2% | unchanged |
| CX | $94M | 2% | added |
| CBL | $94M | 2% | unchanged |
| BBD | $78M | 1% | unchanged |
| JD | $73M | 1% | added |
| unlisted | $70M | 1% | added |
| unlisted | $66M | 1% | new |
| PBR | $65M | 1% | trimmed |
| KRC | $58M | 1% | unchanged |
| HTHT | $43M | 1% | added |
| ITUB | $39M | 1% | trimmed |
| TX | $35M | 1% | trimmed |
| OCSL | $35M | 1% | unchanged |
| unlisted | $31M | 1% | trimmed |
| TCOM | $28M | 1% | new |
| BMA | $27M | 1% | added |
| unlisted | $24M | 0% | unchanged |
| TEO | $22M | 0% | added |
| JOYY | $20M | 0% | added |
| GGB | $19M | 0% | new |
| YPF | $19M | 0% | added |
| TGS | $18M | 0% | trimmed |
| TPICQ | $18M | 0% | unchanged |
| SMRT | $18M | 0% | unchanged |
| BAK | $16M | 0% | added |
| unlisted | $14M | 0% | unchanged |
| MX | $14M | 0% | unchanged |
| HIMS | $13M | 0% | unchanged |
| OPTU | $12M | 0% | new |
| STHO | $12M | 0% | trimmed |
| ONIT | $11M | 0% | unchanged |
| BATL | $10M | 0% | unchanged |
| UNIT | $10M | 0% | unchanged |
| AZUL | $10M | 0% | added |
| PAM | $9M | 0% | unchanged |
| BHC | $9M | 0% | trimmed |
| BABA | $9M | 0% | unchanged |
| unlisted | $7M | 0% | added |
| HDB | $3M | 0% | added |
| unlisted | $91K | 0% | unchanged |