UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 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 November 11, 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: 144
Form 13F Information Table Value Total: $945,244
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>
VALUE SHARES/
SH/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT
PRN DSCRETN MRGRS SOLE SHARED NONE
ACORN PRODUCTS INC COM 004857108 3,138 1,149,500
SH SOLE 1,149,500
ACTIVISION INC SB NT CV 6.75%05 004930AC7 512 465,000
PRN SOLE 465,000
ADAPTEC INC SB NT CV 4.75%04 00651FAC2 15,841
16,115,000 PRN SOLE 16,115,000
ADVANTICA RESTAURANT GROUP COM 00758B109 2,503 826,220
SH SOLE 826,220
AES CORP JR SBDB CV4.5%05 00130HAN5 5,678 4,395,000
PRN SOLE 4,395,000
AGNICO-EAGLE MINES LTD SR NT CONV 3.5%04 008474AA6 348 500,000
PRN SOLE 500,000
ALPHARMA INC SR SB CV 144A 06 020813AC5 15,573
12,910,000 PRN SOLE 12,910,000
ALZA CORP SUB DB CONV 5%06 022615AD0 16,944
13,810,000 PRN SOLE 13,810,000
AMERITRADE HOLDING CORP SB NT CV 144A 04 03072HAA7 1,486 2,030,000
PRN SOLE 2,030,000
AMKOR TECHNOLOGIES INC SB NT CV 5.75%03 031652AA8 11,289 8,620,000
PRN SOLE 8,620,000
ANN TAYLOR STORES CORP GTD SD CV 144A 19 036115AA1 19,099
32,900,000 PRN SOLE 32,900,000
APACHE CORP ACES DP 1/50 037411600 16,781 408,700
SH SOLE 408,700
APT SATELLITE HOLDINGS LTD SPONSORED ADR 00203R105 2,650 573,050
SH SOLE 573,050
ARKANSAS BEST CORP PFD A CV EXCH 040790206 2,100 50,000
SH SOLE 50,000
ASPECT TELECOMMUNICATIONS CORP SD CV ZRO 144A18 045237AB0 1,300 5,000,000
PRN SOLE 5,000,000
ASSISTED LIVING CONCEPTS INC SUB DB CV 144A03 04543LAE9 283 500,000
PRN SOLE 500,000
AT HOME CORP SB DB CV0.525% 18 045919AC1 12,882
20,122,000 PRN SOLE 20,122,000
AT&T CANADA INC DEPS RCPT CLB 00207Q202 1,169 18,610
SH SOLE 18,610
ATMEL CORP SBDBCV ZRO144A18 049513AB0 16,875
32,070,000 PRN SOLE 32,070,000
AUTOTOTE CORP CL A 053323101 16,751 6,369,300
SH SOLE 6,369,300
AVIRON SUB NT CV 144A05 053762AA8 2,336 2,505,000
PRN SOLE 2,505,000
AVIRON SUB NT CV ACRD05 053762AB6 28 30,000
PRN SOLE 30,000
AVIRON SB NT CV 5.75%05 053762AC4 1,856 1,990,000
PRN SOLE 1,990,000
BARNETT INC. COM 068062108 7,352 800,000
SH SOLE 800,000
BEA SYSTEMS INC SB NT CV 4%05 073325AB8 15,696
10,940,000 PRN SOLE 10,940,000
BIOPURE CORP CL A 09065H105 26,802 3,052,609
SH SOLE 3,052,609
CADILLAC FAIRVIEW CORP. COM 126929207 72,737 3,387,621
SH SHARED 01 3,387,621
CANADIAN NATL RAILWAY CO PFD CV 063029 136375409 11,729 223,400
SH SOLE 223,400
CAPSTAR HOTEL CO. SUB NT CV4.75%04 140918AC7 769 1,060,000
PRN SOLE 1,060,000
CELLSTAR CORP SUB NT CONV 5%02 150925AC9 343 500,000
PRN SOLE 500,000
CENTOCOR INC SB DB CV 144A05 152342AC5 5,853 4,455,000
PRN SOLE 4,455,000
CENTOCOR INC SB DB CV 4.75%05 152342AD3 39 30,000
PRN SOLE 30,000
CENTOCOR INC SB DB CV 4.75%05 152342AE1 10,570 8,045,000
PRN SOLE 8,045,000
CHECKPOINT SYSTEMS INC SB DB CV 5.25%05 162825AB9 668 900,000
PRN SOLE 900,000
CIRRUS LOGIC CORP SB NT CV 6%03 172755AC4 375 500,000
PRN SOLE 500,000
CITRIX SYSTEMS INC SD CV ZRO 144A19 177376AA8 21,568
44,485,000 PRN SOLE 44,485,000
CITRIX SYSTEMS INC SB DB CV ZRO 19 177376AB6 3,619 7,465,000
PRN SOLE 7,465,000
CNF TRANSPORTATION INC TECONS SER A 12612V205 9,986 158,500
SH SOLE 158,500
COCA-COLA FEMSA SA DE CV SPON ADR REP L 191241108 2,624 190,000
SH SOLE 190,000
CONVERSE INC SUB NT CONV 7%04 212540AA6 35 142,000
PRN SOLE 142,000
CREDENCE SYSTEMS CORP NT CV 5.25%02 225302AC2 965 1,000,000
PRN SOLE 1,000,000
CYMER INC SB NT CV STEP04 232572AC1 16,656
17,100,000 PRN SOLE 17,100,000
CYPRESS SEMICONDUCTOR CORP SUB NT CONV 6%02 232806AD1 9,975 8,750,000
PRN SOLE 8,750,000
DIAMOND OFFHSORE DRILLING INC SB NT CV 3.75% 07 25271CAA0 13,469
12,700,000 PRN SOLE 12,700,000
DOUBLECLICK INC SB NT CV 144A06 258609AA4 6,992 4,485,000
PRN SOLE 4,485,000
DURA PHARMACEUTICALS INC SUB NT CV 3.5%02 26632SAA7 581 750,000
PRN SOLE 750,000
EMCOR GROUP COM 29084Q100 24,421 1,268,645
SH SOLE 1,268,645
FUISZ TECHNOLOGIES LTD SB DB CV 7% 04 359536AB5 795 820,000
PRN SOLE 820,000
GENER SA SPONSORED ADR 368731105 259 17,000
SH SOLE 17,000
GETTY IMAGES INC SB NT CV 144A 03 374276AA1 121 115,000
PRN SOLE 115,000
GETTY IMAGES INC SB NT CV 4.75%03 374276AC7 194 185,000
PRN SOLE 185,000
GLOBAL OCEAN CARRIERS LTD. COM 379357106 33 107,000
SH SOLE 107,000
GRUPO ELEKTRA SA DE CV GLOBL DEP RCPT 40050A102 2,835 589,100
SH SOLE 589,100
GRUPO INDL MASECA SA DE CV SPON ADR NEW 400488409 4,410 486,600
SH SOLE 486,600
HALTER MARINE GROUP INC SR SB NTCV4.5%04 40642YAC9 774 1,250,000
PRN SOLE 1,250,000
HEALTHCARE REALTY TRUST SB DB CV 6.55%02 421946AA2 1,576 1,780,000
PRN SOLE 1,780,000
HEWLETT -PACKARD CO SB LYON ZERO 17 428236AC7 16,208
26,620,000 PRN SOLE 26,620,000
HEXCEL CORP SUB NT CV 7%03 428291AA6 823 1,090,000
PRN SOLE 1,090,000
HMT TECHNOLOGY CORP SB NT CV 5.75%04 403917AD9 601 1,625,000
PRN SOLE 1,625,000
HOMEBASE INC SB NT CV 5.25%04 43738EAB4 512 750,000
PRN SOLE 750,000
HUTCHINSON TECHNOLOGY INC SB NT CV 6%05 448407AC0 482 430,000
PRN SOLE 430,000
INCO LTD DEB CONV 5.75%04 453258AK1 11,887
12,350,000 PRN SOLE 12,350,000
INNKEEPERS USA TRUST PFD CV A 8.625 4576J0302 303 17,800
SH SOLE 17,800
INTEGRATED HEALTH SVCS INC SR SD CV 5.75%01 45812CAE6 43 400,000
PRN SOLE 400,000
INTELLICORP INC COM 458153103 773 474,422
SH SOLE 474,422
INTERPUBLIC GROUP COS INC SB NT CV 144A 06 460690AG5 11,614
12,530,000 PRN SOLE 12,530,000
INTERPUBLIC GROUP COS INC SB NT CV ACRD 06 460690AH3 93 100,000
PRN SOLE 100,000
JACOR COMMUNICATIONS INC SR LYON ZERO 18 469858AB0 21,611
34,385,000 PRN SOLE 34,385,000
KENT ELECTRONICS CORP SUB NT CV 4.5% 06 490553AA2 244 312,000
PRN SOLE 312,000
KEY ENERGY GROUP INC SB NT CV 5%04 492914AF3 555 805,000
PRN SOLE 805,000
KOREA TELECOM SPONSORED ADR 50063P103 1,418 38,311
SH SOLE 38,311
LORAL SPACE & COMMUNICATIONS PFD CONV C 6% G56462149 14,754 301,100
SH SOLE 301,100
LTV CORP COM 501921100 32,334 5,943,700
SH SOLE 5,943,700
MAGNA INTERNATIONAL INC SUB DB CV 144A05 559222AF1 3,240 3,590,000
PRN SOLE 3,590,000
MAGNA INTERNATIONAL INC SUB DEB CV 5%02 559222AE4 14,900
14,900,000 PRN SOLE 14,900,000
MAGNA INTERNATIONAL INC SBDB CV 4.875%05 559222AG9 2,216 2,455,000
PRN SOLE 2,455,000
MAIL-WELL INC SUB NT CONV 5%02 560321AD3 16,402
16,830,000 PRN SOLE 16,830,000
MALAN REALTY INVESTORS SB DB CONV 9.5%04 561063AA6 401 445,000
PRN SOLE 445,000
MASCOTECH INC SBDB CONV 4.5%03 574670AB1 605 750,000
PRN SOLE 750,000
MICHAEL STORES INC SUB NT CV4.75%03 594087AC2 703 705,000
PRN SOLE 705,000
MINDSPRING ENTERPRISES INC SB NT CV 5% 06 602683AA2 705 750,000
PRN SOLE 750,000
NATIONAL AUSTRALIA BK LTD CAP UTS EXCHBL 632525309 6,871 251,000
SH SOLE 251,000
NATIONAL DATA CORP SUB NT CONV 5%03 635621AA3 7,792 9,140,000
PRN SOLE 9,140,000
NATIONAL SEMICONDUCTOR CORP SB NT CV 6.5%02 637640AB9 15,473
15,500,000 PRN SOLE 15,500,000
NETWORK ASSOCIATES INC SB DB CV ZERO 18 640938AB2 2,496 2,500,000
PRN SOLE 2,500,000
OFFICE DEPOT INC LYON SUB ZERO 07 676220AA4 3,169 5,000,000
PRN SOLE 5,000,000
OFFSHORE LOGISTICS INC SUB NT CONV 6%03 676255AF9 844 1,000,000
PRN SOLE 1,000,000
PARK ELECTROCHEMICAL CORP SUBNT CV 5.5%06 700416AB6 481 500,000
PRN SOLE 500,000
PARKER DRILLING CORP SUB NT CV 5.5%04 701081AD3 952 1,250,000
PRN SOLE 1,250,000
PENN TRAFFIC CO NEW COM NEW 707832200 13,552 1,594,305
SH SOLE 1,594,305
PEPSI-GEMEX SA DE CV GDR REP ORD 713435105 1,594 280,300
SH SOLE 280,300
PETSMART INC SB NT CV 6.75% 04 716768AB2 174 250,000
PRN SOLE 250,000
PHOTRONICS INC SUB NT 6%04 719405AA0 242 235,000
PRN SOLE 235,000
PHYCOR INC SUB DB CV 4.5%03 71940FAB6 355 500,000
PRN SOLE 500,000
POGO PRODUCING CO QUIPS SER A 73044P208 14,729 278,900
SH SOLE 278,900
PSINET INC PFD C CV 63/4 74437C309 997 20,560
SH SOLE 20,560
QUINTILES TRANSNATIONAL SB NT CV 4.25% 00 748767AC4 289 300,000
PRN SOLE 300,000
RICHARDSON ELEC LTD SRSBDBCV 8.25%06 763165AC1 537 617,000
PRN SOLE 617,000
S3 INCORPORATED SB NT CV 5.75%03 784849AC5 5,753 6,375,000
PRN SOLE 6,375,000
SAFEGUARD SCIENTIFICS INC SB NT CV 144A 06 786449AD0 16,954
15,395,000 PRN SOLE 15,395,000
SANMINA CORP SB DB CV 144A 04 800907AA5 30,332
27,160,000 PRN SOLE 27,160,000
SCHULER HOMES INC DEB CONV 6.5%03 808188AA4 611 750,000
PRN SOLE 750,000
SEACOR HOLDINGS INC SUBNTCV 5.375%06 811904AE1 23,497
24,090,000 PRN SOLE 24,090,000
SEAGRAM LTD PFD ADJ CV SEC 811850205 15,497 333,700
SH SOLE 333,700
SEPRACOR INC SB DB CV 144A7%05 817315AF1 25,557
27,095,000 PRN SOLE 27,095,000
SINCLAIR BROADCAST GROUP PFD CV EXCH D 829226505 9,682 215,150
SH SOLE 215,150
SK TELECOM LTD SPONSORED ADR 78440P108 2,217 215,000
SH SOLE 215,000
SL INDUSTRIES INC. COM 784413106 7,481 525,000
SH SOLE 525,000
SPACEHAB INC SUB NT CONV 8%07 846243AC7 189 250,000
PRN SOLE 250,000
SPEEDWAY MOTORSPORTS SB DB CV 5.75% 03 847788AC0 1,136 750,000
PRN SOLE 750,000
SPORTS SUPPLY GROUP INC. COM 848915104 3,350 403,100
SH SOLE 403,100
SPORTSLINE USA INC SB NT CV 144A 06 848934AA3 1,058 1,395,000
PRN SOLE 1,395,000
STANDARD COMMERCIAL CORP SB DBCV 7.25%07 853258AA9 709 1,275,000
PRN SOLE 1,275,000
STONE CONTAINER CORP PFD E CV $1.75 861589307 424 19,500
SH SOLE 19,500
SUNBEAM CORPORATION SRSDCV ZRO 144A18 867071AA0 20,315
119,500,000 PRN SOLE 119,500,000
SUNRISE ASSISTED LIVING INC SUB NT CV 5.5%02 86768KAC0 771 800,000
PRN SOLE 800,000
SWIFT ENERGY CO SB NT CV 6.25%06 870738AB7 413 500,000
PRN SOLE 500,000
SYSTEMS & COMPUTER TECHNOLOGY SUB DB CONV 5%04 871873AB1 685 875,000
PRN SOLE 875,000
TELE CELULAR SUL PART SA SPONS ADR PFD 879238103 379 20,000
SH SOLE 20,000
TELE CENTRO SUL PART SA SPON ADR PFD 879239101 2,509 45,200
SH SOLE 45,200
TELE NORTE CELULAR PART SA SPON ADR PFD 87924Y105 373 13,100
SH SOLE 13,100
TELE NORTE LESTE PART SA SPON ADR PFD 879246106 3,100 200,000
SH SOLE 200,000
TELECENTRO OESTE CELULAR SPONS ADR PFD 87923P105 2,204 665,400
SH SOLE 665,400
TELEFONOS DE MEXICO SA SR DB CV 4.25% 04 879103AD5 18,187
19,275,000 PRN SOLE 19,275,000
THERMO FIBERTEK INC SUB DB CV 144A04 88355WAA3 250 300,000
PRN SOLE 300,000
THERMO OPTEK SBDBCV 144A 5% 00 883582AA6 490 500,000
PRN SOLE 500,000
TOWER AUTOMOTIVE INC SB NT CV 144A04 891707AA9 8,914 9,605,000
PRN SOLE 9,605,000
TOWER AUTOMOTIVE INC SB NT CV ACRD 04 891707AB7 93 100,000
PRN SOLE 100,000
TOWER AUTOMOTIVE INC SB NT CV 5%04 891707AE1 15,378
16,570,000 PRN SOLE 16,570,000
TRIARC COMPANIES INC SB DB CV ZRO18 895927AB7 1,860 7,265,000
PRN SOLE 7,265,000
TRINET CAP REALTY TR INC COM 896287109 5,486 230,400
SH SOLE 230,400
TUBOS DE ACERO DE MEXICO SA ADR 898592506 6,126 500,100
SH SOLE 500,100
TV AZTECA S.A. DE CV SPONSORED ADR 901145102 2,714 542,700
SH SOLE 542,700
UNILAB CORP COM 904763109 18,457 3,243,800
SH SOLE 3,243,800
VANTIVE CORP SB NT CV 4.75% 02 922091AC7 455 650,000
PRN SOLE 650,000
VETERINARY CTRS OF AMERICA SB DB CV 5.25%06 925514AB7 564 811,000
PRN SOLE 811,000
WELLPOINT HEALTH NETWORK SB DB CV ZRO 19 94973HAA6 18,625
31,515,000 PRN SOLE 31,515,000
WESTERN GAS RESOURCES PFD CONV $2.625 958259301 346 10,000
SH SOLE 10,000
WHOLE FOOD MARKET INC SB DB CV ZRO 18 966837AC0 899 2,650,000
PRN SOLE 2,650,000
WIND RIVER SYSTEMS INC SB NT CV 144A 02 973149AA5 463 505,000
PRN SOLE 505,000
WIND RIVER SYSTEMS INC SB NT CONV 5% 02 973149AC1 1,307 1,425,000
PRN SOLE 1,425,000
WINSTAR COMMUNICATIONS COM 975515107 44 820
SH SOLE 820
WORLD ACCESS INC SB NT CV 4.5%02 98141AAC5 656 1,000,000
PRN SOLE 1,000,000
YANZHOU COAL MINING CO LTD SPNS ADR H SHS 984846105 2,517 132,900
SH SOLE 132,900
</TABLE>
