INCOME RESEARCH & MANAGEMENT
Q3 2022 Form 13-F

BOSTON, MASSACHUSETTS
CIK 0001165830 · CRD 104863 · SEC-registered investment adviser
$213.0M Reported Value Total

INCOME RESEARCH + MANAGEMENT reports 913 total accounts under management (AUM). There are 906 discretionary accounts valued at $86,939,587,924, and 7 non-discretionary accounts valued at $2,058,698,966.

Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
SEC Registered Discretionary & Non-Discretionary
Firm Brochure (Part 2A) Client Relationship Summary (Form CRS)
Private funds (Form ADV)
16 funds · $13.7B gross asset value
Other: $13.7B
Source: Form ADV filed 2026-08-24
Reported value
$213.0M
Quarter over quarter
-3.0%
Holdings
22
Top-10 concentration
79.9%

Filing Structure

Reports holdings for

Key People

Form ADV owners & control persons
William Austin O'Malley
CHIEF EXECUTIVE OFFICER, DIRECTOR
Matthew John Cannata
GENERAL COUNSEL, SECRETARY
Mark William D'Alfonso
CHIEF OPERATING OFFICER
Q2 2022
Q4 2022
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Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.

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Q3 2022 13F filing summary

Period of report September 30, 2022
Filed October 20, 2022
Form 13F-HR
Reported value $213.0M
Positions 22
Change in reported value -8.6%
New positions 0
Exited positions 2
Position turnover 8.3%
Top-10 concentration 79.9%

13F filings by quarter

Quarter Positions Value
Q3 2026 13F
Filed Oct 21, 2026
 33 $163.6M
Q2 2026 13F
Filed Jul 24, 2026
 30 $184.5M
Q1 2026 13F
Filed Apr 17, 2026
 26 $168.6M
Q4 2025 13F
Filed Jan 20, 2026
 32 $190.4M
Q3 2025 13F
Filed Oct 16, 2025
 35 $204.5M
Q2 2025 13F
Filed Jul 17, 2025
 40 $374.2M
Q1 2025 13F
Filed Apr 22, 2025
 27 $234.8M
Q4 2024 13F
Filed Jan 21, 2025
 25 $209.6M
Q3 2024 13F
Filed Oct 22, 2024
 22 $207.7M
Q2 2024 13F
Filed Jul 23, 2024
 18 $173.4M
Q1 2024 13F
Filed Apr 25, 2024
 16 $148.2M
Q4 2023 13F
Filed Jan 19, 2024
 12 $144.3M
Q3 2023 13F
Filed Oct 24, 2023
 10 $127.8M
Q2 2023 13F
Filed Jul 21, 2023
 16 $160.9M
Q1 2023 13F
Filed Apr 20, 2023
 17 $193.6M
Q4 2022 13F
Filed Jan 31, 2023
 21 $211.9M
Q3 2022 13F
Filed Oct 20, 2022
 22 $213.0M
Q2 2022 13F
Filed Jul 21, 2022
 24 $233.1M
Q1 2022 13F
Filed Apr 20, 2022
 22 $252.7M
Q4 2021 13F
Filed Jan 24, 2022
 18 $251.2M

34 earlier quarters on file — choose one from the quarter menu above.

Top 20 holdings · Q3 2022

# Holding Reported value % of portfolio
1 WDC 1.5 02/01/24 WESTERN DIGITAL CORP. $21.2M 9.96%
2 ARCC 4.625 03/01/24 ARES CAPITAL CORP $20.4M 9.58%
3 LUV SOUTHWEST AIRLS CO $18.5M 8.7%
4 BKNG BOOKING HOLDINGS INC $18.3M 8.58%
5 EEFT 0.75 03/15/49 EURONET WORLDWIDE INC $18.2M 8.53%
6 ILMN 0 08/15/23 ILLUMINA INC $17.8M 8.34%
7 EXPE 0 02/15/26 EXPEDIA GROUP INC $17.6M 8.28%
8 HOPE 2 05/15/38 HOPE BANCORP INC $15.1M 7.08%
9 AKAM 0.125 05/01/25 AKAMAI TECHNOLOGIES INC $12.9M 6.06%
10 PXD 0.25 05/15/25 PIONEER NAT RES CO $10.2M 4.8%
11 TEVA 0.25 02/01/26 C TEVA PHARMACEUTICAL FIN LLC $9.6M 4.5%
12 ETSY 0.25 06/15/28 ETSY INC $8.1M 3.8%
13 SUPN 0.625 04/01/23 SUPERNUS PHARMACEUTICALS $7.3M 3.42%
14 PMT 5.5 11/01/24 PENNYMAC CORP $6.1M 2.85%
15 BXMT 5.5 03/15/27 BLACKSTONE MORTGAGE TRUST IN $5.1M 2.4%
16 WFCPRL WELLS FARGO CO NEW $1.7M 0.78%
17 BACPRL BK OF AMERICA CORP $1.5M 0.71%
18 F 0 03/15/26 FORD MTR CO DEL $1.4M 0.64%
19 SQ BLOCK INC $702.0K 0.33%
20 STWD 4.375 04/01/23 STARWOOD PPTY TR INC $562.0K 0.26%

Values as reported on the Q3 2022 Form 13F. Every position is in the holdings table below.

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