UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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 May 13, 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.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 140
Form 13F Information Table Value Total: $862,272
List of Other Included Managers:
No. 13F File Number Name
01 28-2494 The TCW Group Inc.
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
<CAPTION>
<C> <C>
/
VOTING AUTHORITY
NAME OF ISSUER
TITLE OF CLASS
CUSIP
VALUE
(X$1000)
SHARES/P
RN AMT
SH/
PRN
INVESTMT
DSCRETN
OTHER
MRGRS
SOLE
SHARED
NONE
LORAL SPACE & COMMUNICATIONS
COM
G56462107
224
15,481
SH
SOLE
15,481
LORAL SPACE & COMMUNICATIONS
CV PFD 6.0% C
G56462149
17,252
377,100
SH
SOLE
377,100
AES CORP
CV NT 4.5% 05
00130HAN5
16,043
16,920,000
PRN
SOLE
16,920,000
ARV ASSISTED LIVING
CV NT 144A 6.75% 06
00204CAA5
236
665,000
PRN
SOLE
665,000
ACORN PRODUCTS INC
COM
004857108
5,238
1,107,500
SH
SOLE
1,107,500
ACTIVISION INC
CV NT 6.75% 05
004930AC7
686
750,000
PRN
SOLE
750,000
ADAPTEC INC
CV NT 4.75% 04
00651FAC2
826
1,000,000
PRN
SOLE
1,000,000
ADVANTICA RESTAURANT GROUP
COM
00758B109
4,499
899,720
SH
SOLE
899,720
ADVANTICA RESTAURANT GROUP
COM
00758B109
1,358
271,683
SH
SOLE
271,683
ADVANTICA RESTAURANT GROUP
WT EXP 010705
00758B117
155
133,792
SH
SOLE
133,792
AFFILIATED COMPUTER SVCS INC
CV NT 144A 4.0% 05
008190AC4
795
635,000
PRN
SOLE
635,000
AFFILIATED COMPUTER SVCS INC
CV NT 4.0% 05
008190AD2
1,165
930,000
PRN
SOLE
930,000
AGNICO-EAGLE MINES LTD
CV NT 3.5% 05
008474AA6
325
500,000
PRN
SOLE
500,000
ALTERNATIVE LIVING SVCS
CV NT 5.25% 02
02145KAB3
1,593
1,750,000
PRN
SOLE
1,750,000
AMERICAN RETIREMENT CORP
CV NT 5.75% 02
028913AA9
1,174
1,410,000
PRN
SOLE
1,410,000
AMKOR TECHNOLOGIES INC
CV NT 5.75% 03
031652AA8
17,912
21,070,000
PRN
SOLE
21,070,000
ASPECT TELECOMM
CV NT 144A ZRO 18
045237AB0
948
5,000,000
PRN
SOLE
5,000,000
ASSISTED LIVING CONCEPTS
CV NT 6.0% 02
04543LAD1
8,470
16,607,000
PRN
SOLE
16,607,000
ASSISTED LIVING CONCEPTS
CV NT 144A 5.62% 03
04543LAE9
570
1,000,000
PRN
SOLE
1,000,000
ASSISTED LIVING CONCEPTS
CV NT 5.62% 03
04543LAG4
285
500,000
PRN
SOLE
500,000
ATMEL CORP
CV NT 144A ZRO 18
049513AB0
18,973
62,500,000
PRN
SOLE
62,500,000
AUTOMATIC COM EXCH SEC TR II
TRACES
05300A202
2,144
147,853
SH
SOLE
147,853
AUTOTOTE CORP
COM
053323101
11,528
6,369,300
SH
SOLE
6,369,300
AVIRON
CV NT 144A 5.75% 05
053762AA8
3,925
4,600,000
PRN
SOLE
4,600,000
AVIRON
CV NT 5.75% 05
053762AC4
2,475
2,900,000
PRN
SOLE
2,900,000
CKE RESTAURANTS
CV NT 144A 4.25% 04
12561EAA3
9,610
12,480,000
PRN
SOLE
12,480,000
CKE RESTAURANTS
CV NT 4.25% 04
12561EAB1
1,309
1,700,000
PRN
SOLE
1,700,000
CNET INC
CV NT 144A 5.0% 06
125945AA3
9,756
7,000,000
PRN
SOLE
7,000,000
CADILLAC FAIRVIEW
COM
126929207
47,167
2,831,121
SH
DEFINED
01
2,831,121
CALIF FED BK FSB LOS ANGL
CONT LITIG REC
130209604
365
33,182
SH
SOLE
33,182
CAPSTAR HOTEL CO
CV NT 4.75% 04
140918AC7
776
1,060,000
PRN
SOLE
1,060,000
CELLSTAR CORP
CV NT 144A 5.0% 02
150925AA3
34
45,000
PRN
SOLE
45,000
CELLSTAR CORP
CV NT 5.0% 02
150925AC9
342
455,000
PRN
SOLE
455,000
CENTOCOR INC
CV NT 144A 4.75% 05
152342AC5
6,828
7,010,000
PRN
SOLE
7,010,000
CENTOCOR INC
CV NT 4.75% 05
152342AE1
9,244
9,490,000
PRN
SOLE
9,490,000
CHECKPOINT SYSTEMS INC
CV NT 144A 5.25% 05
162825AA1
212
300,000
PRN
SOLE
300,000
CHECKPOINT SYSTEMS INC
CV NT 5.25% 05
162825AB9
869
1,250,000
PRN
SOLE
1,250,000
COMVERSE TECHNOLOGY INC
CV NT 144A 4.5% 05
205862AF2
28,009
19,270,000
PRN
SOLE
19,270,000
COMVERSE TECHNOLOGY INC
CV NT 4.5% 05
205862AG0
3,270
2,250,000
PRN
SOLE
2,250,000
CONCENTRA MANAGED CARE
CV NT 144A 4.5% 03
20589TAB9
3,354
3,570,000
PRN
SOLE
3,570,000
CONVERSE INC
CV NT 7.0% 04
212540AA6
235
700,000
PRN
SOLE
700,000
CREDENCE SYSTEMS CORP
CV NT 5.25% 02
225302AC2
983
1,250,000
PRN
SOLE
1,250,000
CYMER INC
CV NT 3.5% 04
232572AC1
801
1,000,000
PRN
SOLE
1,000,000
DATA GENERAL CORP
CV NT 6.0% 04
237688AG1
410
500,000
PRN
SOLE
500,000
DATA PROCESSING RESOURCES
CV NT 5.25% 05
237823AB5
3,628
5,175,000
PRN
SOLE
5,175,000
DURA PHARMACEUTICALS
CV NT 3.5% 02
26632SAA7
563
750,000
PRN
SOLE
750,000
EMCOR GROUP
COM
29084Q100
21,808
1,268,645
SH
SOLE
1,268,645
EMERITUS CORP
CV NT 144A 6.25% 06
291005AA4
208
315,000
PRN
SOLE
315,000
EMERSON RADIO
SRSBDB CV 8.5% 02
291087AD6
9,995
13,239,000
PRN
SOLE
13,239,000
EMPRESAS ICA SOCIEDAD
CV NT 5.0% 04
292448AC1
66
100,000
PRN
SOLE
100,000
FORCE ENERGY
COM
345206106
13
18,422
SH
SOLE
18,422
GETTY IMAGES INC
CV NT 144A 4.75% 03
374276AA1
480
500,000
PRN
SOLE
500,000
GOLDEN STATE BANCORP
COM
381197102
4,226
189,916
SH
SOLE
189,916
GOLDEN STATE BANCORP INC
WT EXP 000000
381197136
893
184,387
SH
SOLE
184,387
HALTER MARINE GROUP INC
CV NT 4.50% 04
40642YAC9
522
1,000,000
PRN
SOLE
1,000,000
HEALTHSOUTH CORP
CV NT 3.25% 03
421924AF8
407
500,000
PRN
SOLE
500,000
HEALTHCARE REALTY TRUST
CV NT 6.55% 02
421946AA2
846
950,000
PRN
SOLE
950,000
HEWLETT- PACKARD
CV NT LYON 17
428236AC7
22,283
40,000,000
PRN
SOLE
40,000,000
HOMEBASE INC
CV NT 5.25% 04
43738EAB4
700
1,000,000
PRN
SOLE
1,000,000
HOMELAND HOLDING CORP
COM
43739T104
322
100,904
SH
SOLE
100,904
INNKEEPERS USA TRUST
CV PFD 8.625% A
4576J0302
3,786
219,500
SH
SOLE
219,500
INTEGRATED PROCESS EQUIPMENT
CV NT 6.25% 04
45812KAD0
1,110
1,500,000
PRN
SOLE
1,500,000
INTERIM SERVICES INC
CV NT 4.5% 05
45868PAA8
465
600,000
PRN
SOLE
600,000
INTEVAC INC
CV NT 144A 6.5% 04
461148AA6
191
350,000
PRN
SOLE
350,000
INTEVAC INC
CV NT 6.5% 04
461148AC2
218
400,000
PRN
SOLE
400,000
IVAX CORP
CV NT 144A 6.5% 01
465823AA0
427
450,000
PRN
SOLE
450,000
JACOR COMMUNICATIONS
CV NT LYON 18
469858AB0
33,878
64,885,000
PRN
SOLE
64,885,000
KINDERCARE LEARNING CENTERS
COM
494521206
18,036
949,244
SH
DEFINED
01
949,244
KMART FINANCING
CV PFD 7.75%
498778208
15,766
260,600
SH
SOLE
260,600
KOREA ELECTRIC PWR
SPNS ADR
500631106
1,154
122,500
SH
SOLE
122,500
LTV CORP
COM
501921100
31,977
5,943,700
SH
SOLE
5,943,700
LSI LOGIC CORP
CV NT 4.25% 04
502161AB8
23,897
19,935,000
PRN
SOLE
19,935,000
LABORATORY CORP OF AMERICA
CV PFD A $4.25
50540R201
388
8,000
SH
SOLE
8,000
LAM RESEARCH CORP
CV NT 144A 5.0% 02
512807AC2
641
750,000
PRN
SOLE
750,000
MAGNA INTERNATIONAL INC
CV NT 144A 4.87% 05
559222AF1
16,715
16,725,000
PRN
SOLE
16,725,000
MAGNA INTERNATIONAL INC
CV NT 4.87% 05
559222AG9
17,769
17,780,000
PRN
SOLE
17,780,000
MAIL-WELL INC
CV NT 5.0% 02
560321AD3
11,745
12,250,000
PRN
SOLE
12,250,000
MALAN REALTY INVESTORS
CV NT 9.5% 04
561063AA6
418
445,000
PRN
SOLE
445,000
MASCOTECH INC
CV NT 4.50% 03
574670AB1
195
250,000
PRN
SOLE
250,000
METAMOR WORLDWIDE INC
CV NT 2.94% 04
59133PAA8
25,669
39,340,000
PRN
SOLE
39,340,000
METRICOM INC
CV NT 8.0% 03
591596AC5
315
500,000
PRN
SOLE
500,000
MICHAEL STORES
CV NT 6.75% 03
594087AC2
902
955,000
PRN
SOLE
955,000
MICRON TECHNOLOGY INC
CV NT 7.0% 04
595112AB9
10,588
10,000,000
PRN
SOLE
10,000,000
NCS HEALTHCARE INC
CV NT 144A 5.75% 04
628874AA7
6,532
10,535,000
PRN
SOLE
10,535,000
NCS HEALTHCARE INC
CV NT 5.75% 04
628874AC3
1,810
2,920,000
PRN
SOLE
2,920,000
NATIONAL AUSTRALIA BK LTD
CAP UNIT EXHC
632525309
7,860
251,000
SH
SOLE
251,000
NATIONAL DATA CORP
CV NT 5.0% 03
635621AA3
13,333
12,780,000
PRN
SOLE
12,780,000
NETWORK ASSOCIATES INC
CV NT 144A ZRO 18
640938AA4
8,719
24,135,000
PRN
SOLE
24,135,000
NETWORK ASSOCIATES INC
CV NT ZRO 18
640938AB2
11,930
33,025,000
PRN
SOLE
33,025,000
NEXTEL COMMUNICATIONS
COM
65332V103
736
20,094
SH
SOLE
20,094
OFFICE DEPOT INC
CV NT LYON ZRO 08
676220AB2
8,417
9,500,000
PRN
SOLE
9,500,000
OFFSHORE LOGISTICS
CV NT 6.0% 03
676255AF9
2,736
3,165,000
PRN
SOLE
3,165,000
OMNICARE INC
CV NT 144A 5.0% 07
681904AB4
340
420,000
PRN
SOLE
420,000
OMNICARE INC
CV NT ACRD 5.0% 07
681904AC2
4
5,000
PRN
SOLE
5,000
OMNICARE INC
CV NT 5.0% 07
681904AD0
11,727
14,475,000
PRN
SOLE
14,475,000
P-COM INC
CV NT 4.25% 02
693262AC1
514
750,000
PRN
SOLE
750,000
PLATINUM TECHNOLOGY INC
CV NT 6.25% 02
72764TAD3
472
500,000
PRN
SOLE
500,000
PRIDE INTERNATIONAL INC
CV NT 6.25% 06
741932AA5
6,491
7,355,000
PRN
SOLE
7,355,000
QUADRAMED CORP
CV NT 5.25% 05
74730WAC5
3,701
6,500,000
PRN
SOLE
6,500,000
QUANTUM CORP
CV NT 7.0% 04
747906AC9
660
750,000
PRN
SOLE
750,000
READ-RITE CORP
CV NT 6.50% 04
755246AA3
591
1,000,000
PRN
SOLE
1,000,000
RICHARDSON ELEC LTD
CV NT 8.25% 06
763165AC1
494
617,000
PRN
SOLE
617,000
ROYAL OAK MINES
COM
78051D105
834
1,208,215
SH
SOLE
1,208,215
SL INDUSTRIES
COM
784413106
6,169
525,000
SH
SOLE
525,000
S3 INCORPORATED
CV NT 5.75% 03
784849AC5
385
500,000
PRN
SOLE
500,000
SABRATEK CORP
CV NT 6.0% 05
78571UAA6
595
1,000,000
PRN
SOLE
1,000,000
SCANDINAVIAN BROADCASTING
CV NT 7.25% 05
805906AA2
576
500,000
PRN
SOLE
500,000
SEACOR HOLDINGS INC
CV NT 5.38% 06
811904AE1
15,286
15,160,000
PRN
SOLE
15,160,000
SEALED AIR CORP
CV PFD A $2.0
81211K209
15,593
315,000
SH
SOLE
315,000
SEPRACOR INC
CV NT 144A 7.0% 05
817315AF1
34,881
30,125,000
PRN
SOLE
30,125,000
SILICON GRAPHICS
CV NT 5.25% 04
827056AC6
655
750,000
PRN
SOLE
750,000
SPACEHAB INC
CV NT 144A 8.0%
846243AA1
2,997
3,855,000
PRN
SOLE
3,855,000
SPACEHAB INC
CV NT 8.0% 07
846243AC7
618
795,000
PRN
SOLE
795,000
SPORTS SUPPLY
COM
848915104
3,278
403,100
SH
SOLE
403,100
THE SPORTS AUTHORITY INC
CV NT 5.25% 01
849176AC6
580
800,000
PRN
SOLE
800,000
STMICROELECTRONICS NV
CV NT ZRO 08
861012AA0
21,619
21,755,000
PRN
SOLE
21,755,000
SUNBEAM CORP
SRSDCV ZRO 144A18
867071AA0
11,385
99,000,000
PRN
SOLE
99,000,000
SUNBEAM CORPORATION
CV NT 144A ZRO 18
867071AA0
225
2,000,000
PRN
SOLE
2,000,000
SUNGLASS HUT INTL
CV NT 144A 5.25% 03
86736FAA4
61
80,000
PRN
SOLE
80,000
SUNRISE ASSISTED LIVING
CV NT 5.5% 02
86768KAC0
1,084
800,000
PRN
SOLE
800,000
SYSTEMS & COMPUTER TECH
CV NT 5.0% 04
871873AB1
585
815,000
PRN
SOLE
815,000
TELE COMMUNICATIONS INT'L
CV NT 4.5% 06
87924HAA0
25,029
21,980,000
PRN
SOLE
21,980,000
TELXON CORP
CV NT 5.75% 03
879700AC6
92
149,000
PRN
SOLE
149,000
TOWER AUTOMOTIVE INC
CV NT 144A 5.0% 04
891707AA9
10,165
10,785,000
PRN
SOLE
10,785,000
TOWER AUTOMOTIVE INC
CV NT ACRD 5.0% 04
891707AB7
94
100,000
PRN
SOLE
100,000
TOWER AUTOMOTIVE INC
CV NT 5.0% 04
891707AE1
13,459
14,280,000
PRN
SOLE
14,280,000
TRIARC COMPANIES
CV NT ZRO 18
895927AB7
1,637
7,505,000
PRN
SOLE
7,505,000
TUBOS DE ACERO DE MEXICO SA
ADR
898592506
6,465
718,300
SH
SOLE
718,300
UNILAB CORP
COM
904763109
4,052
1,270,200
SH
SOLE
1,270,200
UNISYS CORP
CV PFD $3.75 A
909214207
8,609
165,962
SH
SOLE
165,962
U S FILTER CORP
CV NT 4.5% 01
911843AF7
10,068
10,300,000
PRN
SOLE
10,300,000
VETERINARY CTRS OF AMERICA
CV NT 5.25% 06
925514AB7
517
676,000
PRN
SOLE
676,000
WMX TECHNOLOGIES INC
CV NT 2.0% 05
92929QAF4
31,118
33,060,000
PRN
SOLE
33,060,000
WASHINGTON MUTUTAL INC
COM
939322103
2,533
61,958
SH
SOLE
61,958
WESTERN DIGITAL CORP
CV NT ZRO 18
958102AH8
8,304
38,525,000
PRN
SOLE
38,525,000
WHOLE FOODS MARKET INC
CV NT ZRO 18
966837AC0
4,594
14,000,000
PRN
SOLE
14,000,000
WIND RIVER SYSTEMS INC
CV NT ACRD 5.0% 02
973149AB3
17
20,000
PRN
SOLE
20,000
WIND RIVER SYSTEMS INC
CV NT 5.0% 02
973149AC1
4,218
4,825,000
PRN
SOLE
4,825,000
WORLD ACCESS INC
CV NT 4.5% 02
98141AAC5
273
500,000
PRN
SOLE
500,000
YANZHOU COAL MINING CO LTD
SPNS ADR H SHS
984846105
975
122,800
SH
SOLE
122,800
</TABLE>
