Credit-cycle sage. Equities are the sideshow to the bond book.
| Symbol | Value | % of book | vs prior quarter |
|---|---|---|---|
| TRMD | $1.4B | 26% | trimmed |
| EXE | $565M | 11% | unchanged |
| GTX | $361M | 7% | unchanged |
| unlisted | $270M | 5% | unchanged |
| unlisted | $170M | 3% | unchanged |
| AU | $151M | 3% | trimmed |
| SBLK | $135M | 3% | trimmed |
| STKL | $132M | 2% | unchanged |
| unlisted | $126M | 2% | added |
| TLN | $124M | 2% | new |
| FCX | $121M | 2% | unchanged |
| RWAY | $111M | 2% | unchanged |
| VIST | $111M | 2% | unchanged |
| CRC | $107M | 2% | new |
| CBL | $101M | 2% | unchanged |
| VALE | $96M | 2% | trimmed |
| unlisted | $94M | 2% | added |
| CX | $90M | 2% | unchanged |
| KRC | $72M | 1% | unchanged |
| JD | $70M | 1% | trimmed |
| ITUB | $60M | 1% | added |
| PBR | $59M | 1% | trimmed |
| TCOM | $47M | 1% | added |
| YUMC | $44M | 1% | new |
| HTHT | $43M | 1% | trimmed |
| PDD | $38M | 1% | new |
| INFY | $38M | 1% | new |
| BBD | $38M | 1% | trimmed |
| unlisted | $37M | 1% | new |
| BZ | $35M | 1% | new |
| JOYY | $32M | 1% | added |
| TX | $31M | 1% | trimmed |
| OCSL | $30M | 1% | unchanged |
| unlisted | $30M | 1% | unchanged |
| BMA | $29M | 1% | unchanged |
| BABA | $24M | 0% | added |
| TEO | $23M | 0% | unchanged |
| NTES | $22M | 0% | new |
| TPICQ | $21M | 0% | unchanged |
| BATL | $20M | 0% | unchanged |
| UNIT | $19M | 0% | unchanged |
| unlisted | $19M | 0% | unchanged |
| OPTU | $18M | 0% | added |
| BAK | $18M | 0% | unchanged |
| TGS | $17M | 0% | trimmed |
| ONIT | $14M | 0% | unchanged |
| unlisted | $14M | 0% | unchanged |
| MX | $13M | 0% | unchanged |
| SMRT | $13M | 0% | unchanged |
| DQ | $12M | 0% | new |
| HIMS | $12M | 0% | unchanged |
| PAM | $12M | 0% | unchanged |
| YPF | $12M | 0% | trimmed |
| BHC | $10M | 0% | unchanged |
| XP | $9M | 0% | new |
| unlisted | $4M | 0% | unchanged |
| HDB | $3M | 0% | added |
| unlisted | $89K | 0% | unchanged |