GRIOX
Greenspring Income Opportunities Fund
Manager Directed Portfolios

Portfolio concentration

As of March 31, 2026 · N-PORT
Holdings
126
Top-10 weight
17.96%
Effective holdings ?
89
Crowding ?
112.0

Holdings

As of March 31, 2026 · N-PORT
#SecurityTickerSharesValue% of fund
1 FIRST AM-TR OB-X TMPXX 15,962,975 $15.96M 3.93%
2 Invesco Treasury Portfolio, Institutional Class 11,610,739 $11.61M 2.86%
3 TRAVEL + LEISURE CO SR SECURED 144A 07/26 6.625 TNL 6,057,000 $6.07M 1.49%
4 OWENS-BROCKWAY REGD 144A P/P 6.62500000 OI 5,702,000 $5.72M 1.41%
5 ACALTD 6 11/15/27 144A ACALTD 5,594,000 $5.62M 1.38%
6 AMERICAN AXLE & MFG INC REGD 6.87500000 AXL 5,557,000 $5.55M 1.37%
7 Carvana Co 5,320,000 $5.54M 1.36%
8 ENVA 11.25 12/15/28 144A ENVA 5,098,000 $5.40M 1.33%
9 NESCO Holdings II, Inc. 5,458,000 $5.34M 1.32%
10 ATI INC REGD 5.87500000 ATI 5,335,000 $5.34M 1.31%
11 CARS.COM INC REGD 144A P/P 6.37500000 CARS 5,278,000 $5.13M 1.26%
12 SM ENERGY CO REGD 6.75000000 SM26 5,111,000 $5.12M 1.26%
13 MAGNERA CORP SR SECURED 144A 11/29 4.75 MAGN 5,560,000 $5.03M 1.24%
14 SunCoke Energy Inc HLF 4,645,000 $4.96M 1.22%
15 MTZ 6.625 08/15/29 144A MTZ 4,894,000 $4.91M 1.21%
16 Vistra Operations Co. LLC 4,879,000 $4.88M 1.20%
17 SIX FLAGS ENTERTAINMENT CORP / COMPANY GUAR 10/28 6.5 FUN 4,871,000 $4.87M 1.20%
18 OTEXCN 3.875 02/15/28 144A OTEXCN 5,000,000 $4.82M 1.19%
19 WWW 4 08/15/29 144A WWW 5,092,000 $4.72M 1.16%
20 PRMWCN 6.25% Sr Unsecured Nts due 2029 144A PRMWCN 4,690,000 $4.70M 1.16%
21 ZIFF DAVIS INC REGD 144A P/P 4.62500000 ZD 4,975,000 $4.69M 1.16%
22 THC 6 1/8 10/01/28 THC 4,559,000 $4.57M 1.13%
23 ANGI GRP. LLC 3.875% ANGI 5,055,000 $4.51M 1.11%
24 ROCSOF 9 11/28/28 144A ROCSOF 4,500,000 $4.50M 1.11%
25 PPH Escrow Issuer LLC 9.875%, Due 11/01/2029 PHHESC 4,650,000 $4.49M 1.11%
26 BXMT 5.5 03/15/27 BXMT 4,500,000 $4.48M 1.10%
27 KBR INC REGD 144A P/P 4.75000000 KBR 4,518,000 $4.43M 1.09%
28 SBA COMMUNICATIONS CORP SR UNSECURED 02/27 3.875 SBAC 4,445,000 $4.40M 1.08%
29 Archrock Partners LP / Archrock Partners Finance Corp 4,401,000 $4.40M 1.08%
30 ORGANON / ORGANON 4.125% OGN 4,491,000 $4.36M 1.07%
31 CRASHC 8 3/4 02/15/29 CRASHC 4,820,000 $4.33M 1.07%
32 TITAN INTL. INC 7.00% TWI 4,281,000 $4.28M 1.05%
33 UNITED NATURAL FOODS INC REGD 144A P/P 6.75000000 UNFI 4,216,000 $4.22M 1.04%
34 AQUARI 7.875 11/01/29 144A AQUARI 4,614,000 $4.18M 1.03%
35 CORPBOND ADNT 4,100,000 $4.16M 1.02%
36 Pebblebrook Hotel Trust, Convertible PEB 4,250,000 $4.15M 1.02%
37 SPECTRUM BRANDS INC REGD 144A P/P 3.87500000 4,751,000 $4.12M 1.02%
38 BERRY GLOBAL INC SR SECURED 144A 07/26 4.875 BERY 4,030,000 $4.03M 0.99%
39 SUNOCO LP SR UNSECURED 144A 07/27 5.875 SUN 4,000,000 $4.00M 0.98%
40 TELEFLEX INC REGD 4.62500000 4,000,000 $3.97M 0.98%
41 SYNRGY 7.875 12/01/30 144a SYNRGY 3,879,000 $3.96M 0.98%
42 MGPI Processing, Inc. 4,077,000 $3.93M 0.97%
43 BXC 6 11/15/29 144A BXC 4,037,000 $3.92M 0.96%
44 STGW 5.625 08/15/29 144A STGW 4,107,000 $3.91M 0.96%
45 IQVIA INC REGD 144A P/P 5.00000000 IQV 3,852,000 $3.86M 0.95%
46 REDFIN CORP SR UNSECURED 04/27 0.5 RDFN 4,000,000 $3.84M 0.94%
47 MTX 5 07/01/28 MTX 3,880,000 $3.82M 0.94%
48 SLGN 4 1/8 02/01/28 3,905,000 $3.82M 0.94%
49 DLX 8 06/01/29 144A DLX 3,791,000 $3.82M 0.94%
50 GSYCN 9.25 12/01/28 144A GSYCN 4,062,000 $3.78M 0.93%
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