UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendment [ ] ; Amendment Number:
This Amendment (Check only one.) : [ ] is a restatement.
[ ] adds new holding entries.
Institutional Manager Filing this Report:
Name: Oaktree Capital Management, LLC
Address: 333 South Grand Avenue
28 Floor
Los Angeles, CA 90071
13F File Number: 28-5050
The institutional investment manager filing this report and the person by
whom it is signed hereby represent that the person signing the report is
authorized to submit it, that all information contained herein is true,
correct and complete, and that it is understood that all required items,
statements, schedules, lists, and tables, are considered integral parts
of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Kenneth Liang
Title: Managing Director, General Counsel
Phone: 213-830-6422
Signature, Place, and Date of Signing:
Kenneth Liang Los Angeles, CA August 12, 1999
Report Type (Check only one.):
[ ] 13F HOLDINGS REPORT
[ ] 13F NOTICE REPORT
[X] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
The TCW Group Inc.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES AND
EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 131
Form 13F Information Table Value Total: $937,307
List of Other Included Managers:
No. 13F File Number Name
01 28-2494 The TCW Group Inc.
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<TABLE>
FORM 13F INFORMATION TABLE
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<C> <C>
VALUE SHARES/ SH/
INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000)PRN AMT
PRN DSCRETN MRGRS SOLE SHARED NONE
LORAL SPACE & COMMUN. PFD CONV C 6% G56462149 15,761 312,100 SH
SOLE 312,100
AES CORP JR SBDB CV4.5%05 00130HAN5 12,329 9,920,000
PRN SOLE 9,920,000
APT SATELLITE HOLDINGS LTD SPONSORED ADR 00203R105 2,137 526,050
PRN SOLE 526,050
ACORN PRODUCTS INC COM 004857108 5,138 1,149,500 SH
SOLE 1,149,500
ACTIVISION INC SB NT CV 6.75%05 004930AC7 428 465,000
PRN SOLE 465,000
ADAPTIVE BROADBAND CORP DEB CONV 5.25%03 00650MAA2 561 610,000
PRN SOLE 610,000
ADAPTEC INC SB NT CV 4.75%04 00651FAC2 17,180 17,950,000
PRN SOLE 17,950,000
ADVANTICA RESTAURANT GROUP COM 00758B109 2,842 826,220 SH
SOLE 826,220
AGNICO-EAGLE MINES LTD SR NT CONV 3.5%04 008474AA6 310 500,000
PRN SOLE 500,000
ALPHARMA INC SR SB CV 144A 06 020813AC5 19,567 15,900,000
PRN SOLE 15,900,000
ALZA CORP DEL SUB DB CONV 5%06 022615AD0 25,922 18,750,000
PRN SOLE 18,750,000
AMKOR TECHNOLOGIES INC SB NT CV 5.75%03 031652AA8 18,689 19,070,000
PRN SOLE 19,070,000
ARKANSAS BEST CORP DEL PFD A CV EXCH 040790206 1,813 50,000 SH
SOLE 50,000
ASPECT TELECOM. CORP SD CV ZRO 144A18 045237AB0 1,081 5,000,000
PRN SOLE 5,000,000
ASSISTED LIVING CONCEPTS INC SUB DB CV 144A03 04543LAE9 275 500,000
PRN SOLE 500,000
ATMEL CORP SBDBCV ZRO144A18 049513AB0 309 300,000
PRN SOLE 300,000
AUTOTOTE CORP CL A 053323101 15,159 6,369,300 SH
SOLE 6,369,300
AVIRON SUB NT CV 144A05 053762AA8 4,795 4,550,000
PRN SOLE 4,550,000
AVIRON SUB NT CV ACRD05 053762AB6 53 50,000
PRN SOLE 50,000
AVIRON SB NT CV 5.75%05 053762AC4 3,056 2,900,000
PRN SOLE 2,900,000
BARNETT INC. COM 068062108 6,000 800,000 SH
SOLE 800,000
BEA SYSTEMS INC SB NT CV 4%05 073325AB8 9,555 8,000,000
PRN SOLE 8,000,000
CADILLAC FAIRVIEW CORP. COM 126929207 53,827 2,837,621 SH
SHARED 01 2,837,621
CAPSTAR HOTEL CO. SUB NT CV4.75%04 140918AC7 790 1,060,000
PRN SOLE 1,060,000
CENTOCOR INC SB DB CV 144A05 152342AC5 5,764 5,155,000
PRN SOLE 5,155,000
CENTOCOR INC SB DB CV 4.75%05 152342AD3 34 30,000
PRN SOLE 30,000
CENTOCOR INC SB DB CV 4.75%05 152342AE1 11,534 10,315,000
PRN SOLE 10,315,000
CHECKPOINT SYSTEMS INC SB DB CV 5.25%05 162825AB9 938 1,250,000
PRN SOLE 1,250,000
CITRIX SYSTEMS INC SD CV ZRO 144A19 177376AA8 28,779 64,750,000
PRN SOLE 64,750,000
COCA-COLA FEMSA SA DE CV SPON ADR REPL 191241108 3,681 190,000 SH
SOLE 190,000
CONCENTRA MANAGED CARE INC SB NT CV 144A 03 20589TAB9 3,076 3,270,000
PRN SOLE 3,270,000
CONEXANT SYSTEMS INC SB NT CV 144A 06 207142AA8 9,168 6,455,000
PRN SOLE 6,455,000
CONVERSE INC SUB NT CONV 7%04 212540AA6 182 450,000
PRN SOLE 450,000
CREDENCE SYSTEMS CORP NT CV 5.25%02 225302AC2 898 1,000,000
PRN SOLE 1,000,000
CYMER INC SB NT CV STEP04 232572AC1 945 1,100,000
PRN SOLE 1,100,000
CYPRESS SEMICONDUCTOR CORP SUB NT CONV 6%02 232806AD1 504 500,000
PRN SOLE 500,000
DATA PROCESSING RESOURCES SB NT CV 5.25%05 237823AB5 146 150,000
PRN SOLE 150,000
DOUBLECLICK INC SB NT CV 144A06 258609AA4 6,822 5,470,000
PRN SOLE 5,470,000
DURA PHARMACEUTICALS INC SUB NT CV 3.5%02 26632SAA7 564 750,000
PRN SOLE 750,000
EMCOR GROUP COM 29084Q100 31,957 1,268,645 SH
SOLE 1,268,645
EMERITUS CORP SDCV 144A 6.25%06 291005AA4 209 315,000
PRN SOLE 315,000
EMERSON RADIO CORP. SRSBDB CV 8.5%02 291087AD6 9,995 13,239,000
PRN SOLE 13,239,000
EMPRESAS ICA SOCIEDAD SUB DB CONV 5%04 292448AC1 69 100,000
PRN SOLE 100,000
GETTY IMAGES INC SB NT CV 144A 03 374276AA1 225 250,000
PRN SOLE 250,000
GETTY IMAGES INC SB NT CV 4.75%03 374276AC7 225 250,000
PRN SOLE 250,000
GLOBAL OCEAN CARRIERS LTD. COM 379357106 53 95,200 SH
SOLE 95,200
GRUPO INDL MASECA SA DE CV SPONSD ADR NEW 400488409 4,170 457,600 SH
SOLE 457,600
GRUPO ELECTRA SA DE CV GLOBL DEP REPT 40050A102 256 43,500 SH
SOLE 43,500
HMT TECHNOLOGY CORP SB NT CV 5.75%04 403917AD9 415 1,125,000
PRN SOLE 1,125,000
HALTER MARINE GROUP INC SR SB NTCV4.5%04 40642YAC9 619 1,000,000
PRN SOLE 1,000,000
HEALTHCARE REALTY TRUST SB DB CV 6.55%02 421946AA2 623 700,000
PRN SOLE 700,000
HEWLETT -PACKARD CO SB LYON ZERO 17 428236AC7 49,772 79,500,000
PRN SOLE 79,500,000
HEXCEL CORP SUB NT CV 7%03 428291AA6 1,014 1,090,000
PRN SOLE 1,090,000
HOMEBASE INC SB NT CV 5.25%04 43738EAB4 645 750,000
PRN SOLE 750,000
HUTCHINSON TECHNOLOGY INC SB NT CV 6%05 448407AC0 584 500,000
PRN SOLE 500,000
INCO LTD DEB CONV 5.75%04 453258AK1 456 500,000
PRN SOLE 500,000
INNKEEPERS USA TRUST PFD CV A 8.625 4576J0302 2,172 125,000 SH
SOLE 125,000
INTEGRATED HEALTH SVCS INC SR SD CV 5.75%01 45812CAE6 648 1,000,000
PRN SOLE 1,000,000
INTERPUBLIC GROUP COS INC SB NT CV 144A 06 460690AG5 14,509 15,900,000
PRN SOLE 15,900,000
INTEVAC INC SB NT CV 144A04 461148AA6 217 350,000
PRN SOLE 350,000
INTEVAC INC SB NT CV 6.5%04 461148AC2 62 100,000
PRN SOLE 100,000
JACOR COMMUNICATIONS INC SR LYON ZERO 18 469858AB0 29,918 52,885,000
PRN SOLE 52,885,000
KEY ENERGY GROUP INC SB NT CV 5%04 492914AF3 345 555,000
PRN SOLE 555,000
KOREA TELECOM SPONSORED ADR 50063P103 4,302 107,561 SH
SOLE 107,561
LTV CORP COM 501921100 37,505 5,943,700 SH
SOLE 5,943,700
LABORATORY CORP OF AMERICA PFD CV EXCH%A 50540R201 292 5,000 SH
SOLE 5,000
LOEWEN GROUP COM 540442L10 945 1,500,000 SH
SOLE 1,500,000
MAGNA INTERNATIONAL INC SUB DB CV 144A05 559222AF1 19,883 20,315,000
PRN SOLE 20,315,000
MAGNA INTERNATIONAL INC SBDB CV 4.875%05 559222AG9 19,604 20,030,000
PRN SOLE 20,030,000
MAIL-WELL INC SUB NT CONV 5%02 560321AD3 18,939 18,000,000
PRN SOLE 18,000,000
MALAN REALTY INVESTORS SB DB CONV 9.5%04 561063AA6 443 445,000
PRN SOLE 445,000
MASCOTECH INC SBDB CONV 4.5%03 574670AB1 206 250,000
PRN SOLE 250,000
METAMOR WORLDWIDE INC SB NT CV 2.94%04 59133PAA8 36,476 45,340,000
PRN SOLE 45,340,000
METRICOM INC SB NT CONV 8%03 591596AC5 483 350,000
PRN SOLE 350,000
METROMEDIA INTL GROUP INC. PFD CONV % 591695200 9,165 262,800 SH
SOLE 262,800
MICHAEL STORES INC SUB NT CV4.75%03 594087AC2 944 955,000
PRN SOLE 955,000
NATIONAL AUSTRALIA BK LTD CAP UTS EXCHBL 632525309 7,624 251,000 SH
SOLE 251,000
NATIONAL DATA CORP SUB NT CONV 5%03 635621AA3 20,611 19,780,000
PRN SOLE 19,780,000
NATIONAL SEMICONDUCTOR CORP SB NT CV 6.5%02 637640AB9 475 500,000
PRN SOLE 500,000
OFFICE DEPOT INC LYON SUB ZERO 08 676220AB2 7,078 8,500,000
PRN SOLE 8,500,000
OFFSHORE LOGISTICS INC SUB NT CONV 6%03 676255AF9 1,815 2,165,000
PRN SOLE 2,165,000
P-COM INC SB NT CV 4.25%02 693262AC1 431 750,000
PRN SOLE 750,000
PARK ELECTROCHEMICAL CORP SUBNT CV 5.5%06 700416AB6 460 500,000
PRN SOLE 500,000
PARKER DRILLING CORP SUB NT CV 5.5%04 701081AD3 680 1,000,000
PRN SOLE 1,000,000
PHYCOR INC SUB DB CV 4.5%03 71940FAB6 378 500,000
PRN SOLE 500,000
QUADRAMED CORP SB DB CV 5.25%05 74730WAC5 488 895,000
PRN SOLE 895,000
RICHARDSON ELEC LTD SRSBDBCV 8.25%06 763165AC1 475 617,000
PRN SOLE 617,000
SL INDUSTRIES INC. COM 784413106 6,725 525,000 SH
SOLE 525,000
S3 INCORPORATED SB NT CV 5.75%03 784849AC5 624 750,000
PRN SOLE 750,000
SABRATEK CORP NT CV 6%05 78571UAA6 183 300,000
PRN SOLE 300,000
SAFEGUARD SCIENTIFICS INC SB NT CV 144A 06 786449AD0 17,659 17,300,000
PRN SOLE 17,300,000
SANMINA CORP SB DB CV 144A 04 800907AA5 26,066 23,750,000
PRN SOLE 23,750,000
SBS BROADCASTING SA SB DB CV 7.25%05 805906AA2 278 250,000
PRN SOLE 250,000
SCHULER HOMES INC DEB CONV 6.5%03 808188AA4 574 750,000
PRN SOLE 750,000
SEAGRAM LTD PFD ADJ CV SEC 811850205 19,082 385,000 SH
SOLE 385,000
SEACOR HOLDINGS INC SUBNTCV 5.375%06 811904AE1 24,668 25,160,000
PRN SOLE 25,160,000
SEPRACOR INC SB DB CV 144A7%05 817315AF1 30,437 31,125,000
PRN SOLE 31,125,000
SILICON GRAPHICS INC SR NT CV 5.25%04 827056AC6 430 500,000
PRN SOLE 500,000
SPACEHAB INC SUB NT CONV 8%07 846243AC7 174 250,000
PRN SOLE 250,000
SPORTSLINE USA INC SB NT CV 144A 06 848934AA3 363 500,000
PRN SOLE 500,000
SPORTS SUPPLY GROUP INC. COM 848915104 4,083 403,100 SH
SOLE 403,100
THE SPORTS AUTHORITY INC SB NT CV 5.25%01 849176AC6 488 700,000
PRN SOLE 700,000
STANDARD COMMERCIAL CORP SB DBCV 7.25%07 853258AA9 784 1,275,000
PRN SOLE 1,275,000
STMICROELERTRONICS NV SUB LYON ZERO 08 861012AA0 2,873 2,260,000
PRN SOLE 2,260,000
STONE CONTAINER CORP PFD E CV $1.75 861589307 273 13,000 SH
SOLE 13,000
SUNBEAM CORPORATION SRSDCV ZRO 144A18 867071AA0 18,611 109,500,000
PRN SOLE 109,500,000
SUNRISE ASSISTED LIVING INC SUB NT CV 5.5%02 86768KAC0 886 800,000
PRN SOLE 800,000
SWIFT ENERGY CO SB NT CV 6.25%06 870738AB7 389 500,000
PRN SOLE 500,000
SYSTEMS & COMPUTER TECH. SUB DB CONV 5%04 871873AB1 676 815,000
PRN SOLE 815,000
TELECENTRO OESTE CELULAR SPONS ADR PFD 87923P105 2,103 534,100 SH
SOLE 534,100
TELE CELULAR SUL PART SA SPONS ADR PFD 879238103 434 20,000 SH
SOLE 20,000
TELE CENTRO SUL PART SA SPONS ADR PFD 879239101 1,687 30,400 SH
SOLE 30,400
TELE NORTE LESTE PART SA SPONS ADR PFD 879246106 1,541 83,000 SH
SOLE 83,000
TELECOM ARGENTINA SPNS ADR REP B 879273209 3,419 127,800 SH
SOLE 127,800
TELEFONOS DE MEXICO SA SR DB CV 4.25%04 879403AD5 32,846 31,750,000
PRN SOLE 31,750,000
TELXON CORP SB NT CV 5.75%03 879700AC6 91 149,000
PRN SOLE 149,000
THERMO FIBERTEK INC SUB DB CV 144A04 88355WAA3 252 300,000
PRN SOLE 300,000
TOWER AUTOMOTIVE INC SB NT CV 144A04 891707AA9 12,296 10,785,000
PRN SOLE 10,785,000
TOWER AUTOMOTIVE INC SB NT CV ACRD 04 891707AB7 114 100,000
PRN SOLE 100,000
TOWER AUTOMOTIVE INC SB NT CV 5%04 891707AE1 22,551 19,780,000
PRN SOLE 19,780,000
TRIARC COMPANIES INC SB DB CV ZRO18 895927AB7 1,869 7,505,000
PRN SOLE 7,505,000
TUBOS DE ACERO DE MEXICO SA ADR NEW 898592506 7,263 667,900 SH
SOLE 667,900
TV AZTECA S.A. DE CV SPONSORED ADR 901145102 1,539 296,700 SH
SOLE 296,700
UNILAB CORP COM 904763109 19,463 3,243,800 SH
SOLE 3,243,800
UNISYS CORP COM 909214108 4,287 110,096 SH
SOLE 110,096
UNISYS CORP PFD A CV $3.75 909214207 655 10,055 SH
SOLE 10,055
VETERINARY CTRS OF AMERICA SB DB CV 5.25%06 925514AB7 950 1,311,000
PRN SOLE 1,311,000
WMX TECHNOLOGIES INC SUB NTS CV 2%05 92929QAF4 33,584 31,060,000
PRN SOLE 31,060,000
WHOLE FOODS MARKET INC SB DB CV ZRO 18 966837AC0 1,817 4,995,000
PRN SOLE 4,995,000
WORLD ACCESS INC SB NT CV 4.5%02 98141AAC5 478 700,000
PRN SOLE 700,000
YANZHOU COAL MINING CO LTD SPNS ADR H SHS 984846105 2,270 127,900 SH
SOLE 127,900
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