Alken Asset Management Ltd

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 20, 2026), Alken Asset Management Ltd reported 2 stock positions worth $1.4 million. Its top holding was Coca-Cola (KO) at 54.9% of the portfolio, followed by MSCI (MSCI, 45.1%). Its holdings were unchanged from Q3 2025.

Most Recent 13F
Q2 2026
Location
LONDON, X0
CIK
0001629996
Portfolio Value
$1.4M (Q4 2025)
SEC Filing
0001629996-26-000001 ↗ filed Jan 20, 2026

Holdings Value

0$2.0M$4.0M$6.0M Q1 2024: $899K Q1 2024 Q2 2024: $0 Q2 2024 Q3 2024: $0 Q3 2024 Q4 2024: $2.2M Q4 2024 Q1 2025: $2.0M Q1 2025 Q2 2025: $1.4M Q2 2025 Q3 2025: $1.4M Q3 2025 Q4 2025: $1.4M $1.4M Q4 2025 Q1 2026: $4.6M Q1 2026 Q2 2026: $5.0M Q2 2026

Holdings 2 stocks · $1.4M
KO The Coca-Cola Co. 54.87% 11,100 $778K No change
MSCI MSCI Inc. 45.13% 1,100 $640K No change
Other holdings (36): bonds, preferreds, convertibles and warrants · $60K (not counted above)
SecurityClassShares / PrincipalValueChange
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal 4,150$5KAdd +20.3%
CMS ENERGY CORP (CMS 3.375 05/01/28) NOTE 3.375% 5/0 · principal 4,050$4KNo change
INTERDIGITAL INC (IDCC 3.5 06/01/27) NOTE 3.500% 6/0 · principal 850$4KReduce -19.1%
ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) NOTE 0.500% 6/0 · principal 2,190$3KNo change
DUKE ENERGY CORP (DUK 4.125 04/15/26) NOTE 4.125% 4/1 · principal 3,300$3KNo change
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal 2,030$3KNo change
IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) NOTE 1.500% 9/0 · principal 1,900$3KNo change
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD 52,000$3KAdd +73.3%
JD.COM INC (JD 0.25 06/01/29) NOTE 0.250% 6/0 · principal 2,550$3KNo change
POST HOLDINGS INC (POST 2.5 08/15/27) NOTE 2.500% 8/1 · principal 2,280$2KAdd +20.0%
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal 2,400$2KAdd +84.6%
DROPBOX INC (DBX 0 03/01/28) NOTE 3/0 · principal 2,200$2KNo change
ITRON INC (ITRI 1.375 07/15/30) NOTE 1.375% 7/1 · principal 2,100$2KNo change
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 26,600$2KNo change
PARSONS CORP (PSN 2.625 03/01/29) NOTE 2.625% 3/0 · principal 1,850$2KNo change
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal 1,600$2KNew
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal 1,550$2KNo change
AEROVIRONMENT INC (AVAV 0 07/15/30) NOTE 7/1 · principal 1,500$2KNo change
DATADOG INC (DDOG 0 12/01/29) NOTE 12/0 · principal 1,600$2KNew
GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) NOTE 1.250%11/0 · principal 1,400$2KNew
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal 1,000$1KNo change
BOX INC (BOX 0 01/15/26) NOTE 1/1 · principal 1,150$1KNo change
TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) NOTE 1.500% 6/0 · principal 460$693No change
SNAP INC (SNAP 0 05/01/27) NOTE 5/0 · principal 600$559No change
IAU iShares Gold Trust ISHARES NEW · principal 7,400$410No change
BILL HOLDINGS INC (BILL 0 04/01/27) NOTE 4/0 · principal 400$379No change
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) NOTE 1.250% 9/1 · principal 400$359New
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) NOTE 1.500% 3/0 · principal 400$357No change
ENPHASE ENERGY INC (ENPH 0 03/01/28) NOTE 3/0 · principal 400$349No change
UPSTART HOLDINGS INC (UPST 0.25 08/15/26) NOTE 0.250% 8/1 · principal 350$334No change
ALARM.COM HLDGS INC (ALRM 0 01/15/26) NOTE 1/1 · principal 300$297No change
RINGCENTRAL INC (RNG 0 03/15/26) NOTE 3/1 · principal 300$294No change
DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) NOTE 12/0 · principal 300$288No change
UNITY SOFTWARE INC (U 0 11/15/26) NOTE 11/1 · principal 300$288No change
ETSY INC (ETSY 0.125 09/01/27) NOTE 0.125% 9/0 · principal 300$277No change
TRIPADVISOR INC (TRIP 0.25 04/01/26) NOTE 0.250% 4/0 · principal 250$245No change

Total filed on the 13F, all lines: $1.5M.

Portfolio Sells Q3 2025 → Q4 2025
None this quarter.

Portfolio Buys Q3 2025 → Q4 2025
None this quarter.

Notes & Other Activity Q3 2025 → Q4 2025
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal Add +20.3% 4,150 $5K
INTERDIGITAL INC (IDCC 3.5 06/01/27) NOTE 3.500% 6/0 · principal Reduce -19.1% 850 $4K
EVERGY INC (EVRG 4.5 12/15/27) NOTE 4.500%12/1 · principal Sold out 2,600 $3Kbefore exit
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD Add +73.3% 52,000 $3K
POST HOLDINGS INC (POST 2.5 08/15/27) NOTE 2.500% 8/1 · principal Add +20.0% 2,280 $2K
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal Add +84.6% 2,400 $2K
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal New 1,600 $2K
VERTEX INC (VERX 0.75 05/01/29) NOTE 0.750% 5/0 · principal Sold out 1,600 $2Kbefore exit
DATADOG INC (DDOG 0 12/01/29) NOTE 12/0 · principal New 1,600 $2K
GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) NOTE 1.250%11/0 · principal New 1,400 $2K
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) NOTE 1.250% 9/1 · principal New 400 $359

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 3$5.0MMSFT, KO, MSCI
Q1 2026 3$4.6MMSFT, KO, MSCI
Q4 2025 2$1.4MKO, MSCI
Q3 2025 2$1.4MKO, MSCI
Q2 2025 2$1.4MKO, MSCI
Q1 2025 4$2.0MKO, MSCI, DXCM, XOM
Q4 2024 4$2.2MDXCM, KO, MSCI, XOM
Q3 2024 2$0DXCM, XOM
Q2 2024 0$0
Q1 2024 2$899KLUV, XOM