AQR Arbitrage LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), AQR Arbitrage LLC reported 238 stock positions worth $2.4 billion. Its top holding was Endeavor Group Hold Class A (EDR) at 5.3% of the portfolio, followed by Championx (CHX, 3.2%) and Hess (HES, 2.9%). Compared with Q3 2024, it opened 58 new positions, sold out of 82, added to 28 and reduced 131. The biggest buy was a new position in Berry Global (BERY) and the biggest sale an exit from Southwestern Energy (SWN).
- Most Recent 13F
- Q2 2026
- Location
- Greenwich, CT
- CIK
- 0001167456
- Portfolio Value
- $2.4B (Q4 2024)
- SEC Filing
- 0001085146-25-001703 ↗ filed Feb 14, 2025
Holdings Value
Holdings 238 stocks · $2.4B
| EDR Endeavor Group Hold Class A | 5.28% | 4,002,838 | $125.2M | No change |
| CHX Championx Corp. | 3.20% | 2,808,543 | $75.9M | Add +7.4% |
| HES Hess Corp. | 2.88% | 516,039 | $68.3M | Add +44.5% |
| HCP Hashicorp Inc. Class A | 2.79% | 1,933,854 | $66.1M | Add +56.2% |
| ALE Allete Inc. | 2.31% | 847,472 | $54.8M | Add +30.4% |
| ESGR Enstar Group Ltd. | 2.31% | 169,905 | $54.7M | Add +21.1% |
| BERY Berry Global Group Inc. | 2.28% | 834,229 | $53.9M | New |
| ALTR Altair Engineering Inc. Class A | 2.25% | 487,904 | $53.2M | New |
| DFS Discover Financial Services | 1.86% | 254,569 | $44.1M | Add +56.7% |
| ARCH Arch Resources Inc. | 1.81% | 303,901 | $42.9M | Add +197.1% |
| AMED Amedisys Inc. | 1.81% | 471,965 | $42.8M | Add +59.1% |
| INFN Infinera Corp. | 1.61% | 5,823,998 | $38.3M | No change |
| HTLF Heartland Financial USA Inc. | 1.58% | 610,427 | $37.4M | Reduce -3.9% |
| ANSS Ansys Inc. | 1.54% | 108,408 | $36.6M | No change |
| ARES ACQUISITION CORP II | 1.41% | 3,050,702 | $33.5M | Reduce -12.8% |
| SUM Summit Materials Inc. Class A | 1.40% | 655,814 | $33.2M | New |
| AZPN Aspen Technology Inc. | 1.30% | 123,424 | $30.8M | New |
| K Kellanova | 1.25% | 366,774 | $29.7M | Add +35.0% |
| BEAG Bold Eagle Acquisition Cor-A | 1.18% | 2,828,981 | $27.9M | New |
| EVRI Everi Holdings Inc. | 1.07% | 1,880,202 | $25.4M | Add +27.5% |
| SMAR Smartsheet Inc. Class A | 1.05% | 443,333 | $24.8M | Add +96.5% |
| FTW Eqv Ventures Acquisition C-A | 1.04% | 2,463,811 | $24.6M | Reduce -28.9% |
| ALDF Aldel Financial II Inc. | 0.95% | 2,263,184 | $22.5M | New |
| NETD Nabors Energy Transition C-A | 0.94% | 2,061,798 | $22.3M | Reduce -11.9% |
| ANSC Agriculture & Natural Soluti | 0.94% | 2,115,706 | $22.2M | Add +5.8% |
| SILV Silvercrest Metals Inc. | 0.92% | 2,401,349 | $21.9M | New |
| SPR Spirit Aerosystems Hold Class A | 0.90% | 628,781 | $21.4M | Add +55.5% |
| RIO Rio Tinto PLC-Spon ADR | 0.90% | 361,000 | $21.2M | No change |
| IPG Interpublic Group of Cos Inc. | 0.89% | 755,205 | $21.2M | New |
| GATO Gatos Silver Inc. | 0.87% | 1,472,236 | $20.6M | Add +106.4% |
| GSRT GSR III Acquisition Corp. | 0.87% | 2,080,186 | $20.6M | New |
| ROIC Retail Opportunity Investmen | 0.85% | 1,154,266 | $20.0M | New |
| MLACU Mountain Lake Acquisition Co. | 0.84% | 1,980,000 | $19.8M | New |
| OACC Oaktree Acquisition Corp. I-A | 0.83% | 1,980,285 | $19.7M | New |
| FBMS First Bancshares Inc. | 0.83% | 562,050 | $19.7M | Add +20.2% |
| CDMO Avid Bioservices Inc. | 0.82% | 1,569,698 | $19.4M | New |
| ALF Centurion Acquisition Corp. | 0.81% | 1,899,642 | $19.2M | Reduce -8.6% |
| NEE Nextera Energy Inc. | 0.80% | 266,011 | $19.1M | Reduce -11.3% |
| MRLN Merlin Inc. filed as BLEICHROEDER ACQUISITION COR | 0.80% | 1,918,600 | $18.9M | New |
| HDRN Hadron Energy Inc. filed as GIGCAPITAL7 CORP | 0.80% | 1,887,486 | $18.9M | Reduce -1.7% |
| LPBB Launch Two Acquisition Class A | 0.78% | 1,865,801 | $18.6M | New |
| MTTR Matterport Inc. | 0.74% | 3,721,034 | $17.6M | Add +5.5% |
| BARNES GROUP INC | 0.74% | 371,168 | $17.5M | New |
| FYBR Frontier Communications Pare | 0.73% | 501,550 | $17.4M | No change |
| GPAT GP-Act III Acquisition-A | 0.73% | 1,710,119 | $17.3M | Reduce -7.0% |
| FACT Fact II Acquisition Corp. | 0.71% | 1,699,999 | $16.8M | New |
| CUB Lionheart Holdings Class A | 0.70% | 1,637,344 | $16.5M | Reduce -7.7% |
| JACS.U Jackson Acquisition Co. II | 0.68% | 1,600,000 | $16.1M | New |
| DRDBU Roman DBDR Acquisition Corp. | 0.67% | 1,600,000 | $16.0M | New |
| COLOMBIER ACQUISITION CORP | 0.67% | 1,354,316 | $15.9M | Reduce -5.8% |
| SIMA Sim Acquisition Corp. I-A | 0.67% | 1,578,722 | $15.9M | Reduce -6.9% |
| LPAA Launch One Acquisition Corp. | 0.67% | 1,575,742 | $15.8M | Reduce -22.2% |
| SBXDF Silverbox Corp. IV-A | 0.66% | 1,559,960 | $15.7M | Reduce -31.5% |
| IMSR Terrestrial Energy Inc. filed as HCM II ACQUISITION CORP | 0.66% | 1,563,833 | $15.7M | Reduce -31.3% |
| TONT Graf Global Corp. Class A | 0.65% | 1,533,378 | $15.5M | Reduce -2.6% |
| VACH Voyager Acquisition Corp. | 0.64% | 1,518,939 | $15.2M | New |
| LEGT Legato Merger Corp. III | 0.64% | 1,479,892 | $15.2M | Reduce -7.0% |
| POLE Andretti Acquisition Corp. Class A | 0.64% | 1,520,933 | $15.2M | Reduce -33.2% |
| VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP | 0.63% | 1,480,609 | $14.9M | Reduce -40.2% |
| TDACU Translational Development Ac | 0.63% | 1,485,000 | $14.9M | New |
| ATSG Air Transport Services Group | 0.62% | 672,957 | $14.8M | New |
| CCIR Cohen Circle Acquisitio Class A | 0.61% | 1,457,480 | $14.6M | New |
| NTWOU Newbury Street II Acquisitio | 0.61% | 1,454,732 | $14.5M | New |
| DYNCU Dynamix Corp. | 0.61% | 1,450,000 | $14.4M | New |
| ALTM Arcadium Lithium PLC | 0.59% | 2,715,039 | $13.9M | New |
| SASR Sandy Spring Bancorp Inc. | 0.57% | 400,223 | $13.5M | New |
| VCIC Vine Hill Capital Class A | 0.54% | 1,279,327 | $12.9M | Reduce -35.4% |
| WLACU Willow Lane Acquisition Corp. | 0.52% | 1,241,832 | $12.4M | New |
| JNPR Juniper Networks Inc. | 0.52% | 329,559 | $12.3M | No change |
| PDCO Patterson Cos Inc. | 0.52% | 398,170 | $12.3M | New |
| IBAC Ib Acquisition Corp. | 0.48% | 1,128,646 | $11.4M | Reduce -1.6% |
| PFC Premier Financial Corp. | 0.47% | 438,446 | $11.2M | Add +50.0% |
| W Wayfair Inc. Class A | 0.47% | 252,052 | $11.2M | Reduce -35.1% |
| IBTX Independent Bank Group Inc. | 0.46% | 180,365 | $10.9M | Add +8.3% |
| MACI Melar Acquisition Corp. I-A | 0.46% | 1,083,179 | $10.9M | Reduce -6.1% |
| CCRN Cross Country Healthcare Inc. | 0.46% | 597,535 | $10.9M | New |
| AAM Aa Mission Acquisition Cor-A | 0.45% | 1,064,765 | $10.8M | New |
| XEXGX Eaton Vance Tax-Managed Glob | 0.42% | 1,219,230 | $10.0M | Reduce -28.6% |
| RANGU Range Capital Acquisition Co. | 0.42% | 990,000 | $9.9M | New |
| JWN Nordstrom Inc. | 0.41% | 397,740 | $9.6M | New |
| TAVI Tavia Acquisition Corp. | 0.40% | 950,000 | $9.4M | New |
| RFAI RF Acquisition Corp. II | 0.35% | 813,982 | $8.3M | Reduce -4.6% |
| SRDX Surmodics Inc. | 0.34% | 205,956 | $8.2M | Add +56.4% |
| ETW Eaton Vance T/M GLBL Buy-WR | 0.32% | 888,263 | $7.5M | Reduce -24.6% |
| HAYMAKER ACQUISITION CORP 4 | 0.31% | 692,006 | $7.5M | Reduce -1.1% |
| RA Brookfield Real Assets Incom | 0.31% | 547,080 | $7.3M | Reduce -30.0% |
| STEW SRH Total Return Fund Inc. | 0.31% | 452,370 | $7.2M | Add +4.5% |
| PTVE Pactiv Evergreen Inc. | 0.30% | 405,265 | $7.1M | New |
| PGACU Pantages Capital Acquisition filed as SHEPHERD AVE CAP ACQUISITION | 0.30% | 700,000 | $7.0M | New |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | 0.29% | 495,868 | $6.9M | Reduce -1.5% |
| SPKLF Spark I Acquisition Corp. | 0.28% | 633,999 | $6.7M | Reduce -2.5% |
| PSN Parsons Corp. | 0.28% | 72,105 | $6.7M | Reduce -1.4% |
| QETA Quetta Acquisition Corp. | 0.28% | 625,196 | $6.6M | Reduce -1.5% |
| DIAX Nuveen Dow 30 Dynamic Overwr | 0.28% | 434,950 | $6.6M | Reduce -9.9% |
| ETG Eaton Vance T/A GL DVD Incm | 0.27% | 350,513 | $6.4M | Reduce -25.3% |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | 0.26% | 259,818 | $6.2M | Reduce -18.9% |
| ML Moneylion Inc. | 0.26% | 71,573 | $6.2M | New |
| NOEMU CO2 Energy Transition Corp. | 0.25% | 590,000 | $5.9M | New |
| QQQX Nuveen Nasdaq 100 DYN Overwr | 0.24% | 214,012 | $5.8M | Add +18.4% |
| CHEB Chenghe Acquisition II Co. | 0.24% | 555,466 | $5.6M | Reduce -3.5% |
Options reported separately and not counted above: MSTR puts ($271.0M), SE puts ($74.7M).
Other holdings (222): bonds, preferreds, convertibles and warrants · $1.9B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 40,302,000 | $101.5M | Add +34.7% |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 49,545,000 | $99.9M | Reduce -6.4% |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 28,425,000 | $83.3M | No change |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 75,000,000 | $74.5M | Add +15.4% |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 66,660,000 | $68.7M | Add +83.6% |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | 68,000,000 | $66.5M | New |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | 30,000,000 | $61.9M | New |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 59,925,000 | $58.2M | Add +19.6% |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 49,045,000 | $57.4M | Reduce -39.0% |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | 36,150,000 | $49.4M | No change |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 42,780,000 | $40.4M | Add +54.8% |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 800,000 | $40.0M | New |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 34,975,000 | $39.6M | No change |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | 37,003,000 | $36.2M | New |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 42,745,000 | $36.0M | No change |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 41,924,000 | $34.4M | Reduce -26.6% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 34,660,000 | $33.2M | No change |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 24,212,000 | $33.0M | Add +11.5% |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 20,660,000 | $32.1M | Add +12812.5% |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 26,275,000 | $31.9M | Add +3.5% |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 31,125,000 | $31.1M | New |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 30,792,000 | $31.1M | Add +39.7% |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 33,265,000 | $30.0M | No change |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 29,660,000 | $28.7M | Add +97.3% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 26,230,000 | $26.9M | No change |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 17,500,000 | $25.0M | New |
| BITDEER TECHNOLOGIES GRP (BTDR 8.5 08/15/29) | NOTE 8.500% 8/1 · principal | 8,861,000 | $24.7M | New |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 27,555,000 | $23.6M | Reduce -21.4% |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 22,400,000 | $22.7M | No change |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 22,265,000 | $22.2M | New |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 24,109,000 | $21.6M | Add +5.7% |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 18,107,000 | $21.6M | New |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 16,300,000 | $20.7M | Reduce -60.1% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 21,175,000 | $20.6M | No change |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 21,595,000 | $20.3M | Reduce -39.3% |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 19,125,000 | $19.7M | No change |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 22,775,000 | $19.4M | New |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | NOTE 1.750% 2/1 · principal | 19,832,000 | $19.0M | Add +33.7% |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 19,900,000 | $18.9M | Add +8.2% |
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | 17,795,000 | $17.7M | Reduce -21.9% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 201,450 | $17.6M | New |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 15,570,000 | $16.8M | Add +0.1% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 15,500,000 | $16.0M | No change |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 17,700,000 | $15.9M | Add +17600.0% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 17,725,000 | $15.8M | Reduce -38.5% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 16,610,000 | $15.5M | No change |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 15,445,000 | $15.0M | Add +25641.7% |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 3,000,000 | $13.9M | Add +200.0% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 14,000,000 | $13.0M | New |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 13,560,000 | $11.1M | Reduce -0.2% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 11,075,000 | $10.9M | No change |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 10,180,000 | $10.4M | Reduce -74.7% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 9,374,000 | $10.2M | New |
| WINNEBAGO INDUSTRIES (WGO 1.5 04/01/25) | NOTE 1.500% 4/0 · principal | 10,000,000 | $9.8M | No change |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 203,100 | $8.3M | New |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 9,150,000 | $7.7M | No change |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | 8,000,000 | $7.7M | New |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 8,245,000 | $7.6M | Add +8579.0% |
| TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) | NOTE 12/1 · principal | 7,500,000 | $7.5M | New |
| EXACT SCIENCES CORP (EXAS 1 01/15/25) | NOTE 1.000% 1/1 · principal | 7,300,000 | $7.3M | New |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 6,829,000 | $7.3M | New |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 8,059,000 | $7.1M | No change |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | 6,007,000 | $7.0M | New |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | 8,303,000 | $5.6M | No change |
| SNAP INC (SNAP 0.25 05/01/25) | NOTE 0.250% 5/0 · principal | 5,358,000 | $5.2M | New |
| EZCORP INC (EZPW 2.375 05/01/25) | NOTE 2.375% 5/0 · principal | 4,875,000 | $4.9M | No change |
| ALTAIR ENGINEERING INC (ALTR 1.75 06/15/27) | NOTE 1.750% 6/1 · principal | 3,000,000 | $4.7M | New |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 4,600,000 | $4.3M | Add +300.0% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 52,100 | $3.3M | New |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 3,000,000 | $3.2M | New |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 2,520,000 | $2.6M | New |
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | 2,500,000 | $2.5M | New |
| INOTIV INC (NOTV 3.25 10/15/27) | NOTE 3.250%10/1 · principal | 3,925,000 | $1.5M | No change |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 1,025,000 | $986K | New |
| Colombier Acquisition - 29 | *W EXP 11/24/202 | 423,634 | $678K | Reduce -1.3% |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | 2,828,981 | $637K | New |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 2,462,563 | $419K | New |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | 1,146,815 | $413K | New |
| ALDFW Aldel Financial II Inc. - 29 | *W EXP 09/26/203 | 1,131,592 | $339K | New |
| GSRTR GSR III Acquisition Corp. | RIGHT 99/99/9999 | 297,165 | $336K | New |
| CCIRW Cohen Circle Acquisition-29 | *W EXP 01/31/202 | 680,309 | $299K | New |
| OACCW Oaktree Acquisition III -31 | *W EXP 09/01/203 | 396,056 | $285K | New |
| SKGRW SK Growth Opportunities -29 | *W EXP 06/28/202 | 473,002 | $284K | No change |
| LPBBW Launch Two Acquisition -29 | *W EXP 10/09/202 | 1,116,602 | $245K | New |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 190 | $226K | No change |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 180,000 | $224K | Reduce -99.6% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 205,000 | $209K | Reduce -98.8% |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | 1,212,065 | $206K | New |
| BSIIW Black Spade Acquisition -30 | *W EXP 02/15/202 | 487,753 | $203K | New |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 160,000 | $202K | Reduce -99.3% |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 740,550 | $200K | Reduce -1.3% |
| POLEW Andretti Acquisition Corp.-29 | *W EXP 06/01/203 | 1,114,616 | $167K | New |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | 1,099,999 | $165K | No change |
| ALFUW Centurion Acquisition - 29 | *W EXP 05/31/203 | 1,396,615 | $162K | Reduce -1.9% |
| IROHR Iron Horse Acquisitions Righ | RIGHT 99/99/9999 | 455,257 | $159K | Reduce -1.0% |
| SBXWF Silverbox Corp. IV-A- 29 | *W EXP 08/19/202 | 744,526 | $157K | New |
| HDRNW GIGCAPITAL7 Corp.-A - 29 | *W EXP 08/29/202 | 2,366,816 | $147K | Reduce -1.4% |
| LPAAW Launch One Acquisition - 29 | *W EXP 06/01/203 | 1,115,848 | $145K | Reduce -2.0% |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 150,000 | $145K | No change |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | 1,104,700 | $144K | Reduce -1.8% |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | 981,818 | $137K | New |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 130,000 | $137K | Add +18.2% |
| SIMAW Sim Acquisition Corp. - 29 | *W EXP 06/01/203 | 1,118,532 | $136K | Reduce -1.8% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 140,000 | $134K | Reduce -99.2% |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 836,589 | $134K | Reduce -1.5% |
| VACHW Voyager Acquisition Corp. -CW | *W EXP 05/16/203 | 1,063,637 | $133K | New |
| TBMCR Trailblazer Merger Corp.-RTS | RIGHT 04/21/2028 | 538,763 | $129K | No change |
| FACTW Fact II Acquisition Corp. -29 | *W EXP 11/26/203 | 849,999 | $128K | New |
| CUBWW Lionheart Holdings - WT | *W EXP 06/07/203 | 1,134,417 | $125K | Reduce -1.4% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 120,000 | $125K | Reduce -99.7% |
| TAVIR Tavia Acquisition Corp. | RIGHT 11/26/2029 | 950,000 | $124K | New |
| USARW Inflection Point Acquis-C-28 | *W EXP 08/31/202 | 249,998 | $122K | No change |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 110,000 | $120K | New |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 99/99/999 | 1,116,928 | $120K | New |
| CHARR Charlton Aria Acquisi-Rights | RIGHT 12/31/2026 | 737,999 | $111K | New |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 125,000 | $110K | Reduce -99.3% |
| CSLRF Consilium Acquisition -Right | RIGHT 99/99/9999 | 717,337 | $108K | No change |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 105,000 | $104K | Reduce -99.2% |
| BKHAR Black Hawk Acquisition C-RTS | RIGHT 06/20/2025 | 87,245 | $92K | Reduce -1.3% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 80,000 | $85K | No change |
| CRTWF Cartica Acquisition A -28 | *W EXP 04/30/202 | 299,098 | $83K | No change |
| DTSQR DT Cloud Star Acquisition Co. | RIGHT 07/09/2029 | 589,854 | $81K | New |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 495,238 | $79K | Reduce -0.9% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 85,000 | $79K | No change |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 75,000 | $70K | No change |
| RDACR Rising Dragon Acquisition Co. | RIGHT 11/15/2028 | 491,982 | $70K | New |
| GBBKR Global Blockchain Acq - RTS | RIGHT 05/09/2027 | 654,647 | $69K | No change |
| GPATW GP-Act III Acq Class A -CW27 | *W EXP 05/13/202 | 494,096 | $69K | Reduce -1.2% |
| FVNNR Future Vision II Acquisi-RTS | RIGHT 06/29/2029 | 489,295 | $69K | New |
| HCVIW Hennessy Capital Inv A -CW27 | *W EXP 99/99/999 | 558,924 | $68K | No change |
| MARXR Mars Acquisition Corp.-Rights | RIGHT 99/99/9999 | 175,000 | $67K | No change |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 75,000 | $65K | No change |
| YHNAR YHN Acquisition I Ltd. | RIGHT 08/15/2029 | 535,136 | $64K | New |
| RFACR RF Acquisition Corp.- Rights | RIGHT 05/01/2028 | 379,435 | $59K | No change |
| CAPNR Cayson Acquisition Corp. | RIGHT 99/99/9999 | 472,387 | $57K | New |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | 744,772 | $52K | New |
| JVSAR Jvspac Acquisition Corp.-RTS | RIGHT 11/26/2026 | 201,049 | $52K | Reduce -1.3% |
| IBACR Ib Acquisition Corp.-RTS | RIGHT 09/28/2026 | 741,594 | $51K | Reduce -1.1% |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | 542,398 | $51K | Reduce -1.4% |
| GATEW Marblegate Acquisition -CW22 | *W EXP 08/31/202 | 1,380,948 | $48K | No change |
| ESHAR Esh Acquisition Corp. - Right | RIGHT 06/13/2028 | 523,991 | $47K | Reduce -12.7% |
| GODNR Golden Star Acquisitio-Right | RIGHT 03/30/2025 | 140,000 | $46K | No change |
| RFAIR RF Acquisition Corp. II | RIGHT 05/01/2026 | 741,123 | $41K | Reduce -1.2% |
| ABPWW Atlantic Coast Acq -CW23 | *W EXP 11/12/202 | 641,889 | $40K | New |
| YOTAR Yotta Acquisition Corp. - RTS | RIGHT 03/15/2027 | 541,763 | $38K | No change |
| ATMVR Alphavest Acquisition Co.-RT | RIGHT 01/22/2026 | 344,586 | $36K | No change |
| HUDAR Hudson Acquisition I Corp.-RT | RIGHT 99/99/9999 | 167,927 | $34K | No change |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 459,084 | $32K | No change |
| YOTAW Yotta Acquisition Corp. -27 | *W EXP 03/15/202 | 541,763 | $31K | No change |
| BRACR Broad Capital Acquis-Right | RIGHT 01/10/2027 | 228,043 | $31K | No change |
| SPKWF Spark I Acquisition Corp.-28 | *W EXP 10/01/203 | 292,331 | $31K | Reduce -2.6% |
| ASBPW Aspire Biopharma Holdin-CW27 | *W EXP 05/23/202 | 647,633 | $31K | No change |
| GLSTR Global Star Acquisition-RTS | RIGHT 99/99/9999 | 203,859 | $31K | Reduce -0.8% |
| BOWNR Bowen Acquisition Corp.-RTS | RIGHT 99/99/9999 | 148,626 | $30K | Reduce -0.9% |
| HSPRF Horizon Space Acquisition-RT | RIGHT 12/27/2024 | 246,133 | $28K | No change |
| CLRRF Climaterock -RTS | RIGHT 10/31/2028 | 389,095 | $28K | No change |
| FORLW Four Leaf Acquisition Cor-28 | *W EXP 03/15/202 | 437,027 | $26K | Reduce -6.0% |
| GBBKW Global Blockchain Acq-CW27 | *W EXP 05/09/202 | 654,647 | $26K | No change |
| ANNAW Aleanna Inc. Class A - 29 | *W EXP 12/13/202 | 178,427 | $25K | New |
| AQUNR Aquaron Acquisition Corp.-RTS | RIGHT 07/15/2026 | 146,553 | $25K | Reduce -1.1% |
| CSLWF Consilium Acquisition -27 | *W EXP 99/99/999 | 358,668 | $22K | No change |
| MSSRF Metal SKY Star Acquisi-Right | RIGHT 12/31/2025 | 435,555 | $22K | No change |
| PLMWF Plum Acquisition Corp. III-CW | *W EXP 03/31/202 | 121,099 | $22K | No change |
| OAKUR Oak Woods Acquisition Cor-RT | RIGHT 03/23/2028 | 95,000 | $21K | No change |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 49,400 | $21K | Reduce -1.2% |
| ISLWF Israel Acquisitions Corp.-28 | *W EXP 99/99/999 | 397,864 | $20K | No change |
| EURKR Eureka Acquisition Corp.-RTS | RIGHT 07/03/2026 | 99,076 | $20K | Reduce -0.9% |
| NUAIW New Era Helium Inc. -29 | *W EXP 12/06/202 | 40,184 | $19K | New |
| RFACW RF Acquisition Corp.-CW27 | *W EXP 05/01/202 | 374,950 | $19K | No change |
| ALCWF Alchemy Investments Acqui-28 | *W EXP 11/30/202 | 201,748 | $18K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 148,621 | $18K | Reduce -0.9% |
| REEWF Cartesian Growth Corp. II -28 | *W EXP 07/12/202 | 256,173 | $18K | No change |
| EUDAW 8I Acquisition 2 Corp. -CW22 | *W EXP 11/22/202 | 114,892 | $17K | Reduce -2.1% |
| UCFIW Iron Horse Acquisition Co.-29 | *W EXP 09/30/203 | 455,257 | $16K | Reduce -1.0% |
| EMCRF Embrace Change Acq-Rights | RIGHT 10/25/2026 | 193,214 | $15K | No change |
| CHEB.WS Chenghe Acquisition II - 29 | *W EXP 05/30/203 | 416,975 | $15K | Reduce -2.3% |
| MSSWF Metal SKY Star Acq -CW27 | *W EXP 03/31/202 | 435,555 | $14K | No change |
| GDSTR Goldenstone Acquisitio-Right | RIGHT 07/15/2026 | 107,060 | $14K | No change |
| DISTR Distoken Acquisition Corp. | RIGHT 99/99/9999 | 125,000 | $14K | No change |
| FOXXW 1OXX | *W EXP 09/26/202 | 99,874 | $14K | Reduce -8.4% |
| SBCWW Pono Capital Two Inc. -27 | *W EXP 09/17/202 | 53,431 | $13K | Reduce -82.9% |
| BLACR Bellevue Life Sciences-RTS | RIGHT 02/09/2028 | 98,528 | $13K | Reduce -1.5% |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | 229,541 | $12K | No change |
| EGUVF Evergreen Corporation -CW27 | *W EXP 02/08/202 | 332,544 | $9K | No change |
| TETWF Technology & Telecommuni -27 | *W EXP 04/15/202 | 542,947 | $9K | No change |
| SLND.WS Legato Merger Corp. II -CW23 | *W EXP 02/14/202 | 37,126 | $9K | Reduce -12.1% |
| VMCWF Valuence Merger Corp. -CW27 | *W EXP 99/99/999 | 242,499 | $9K | No change |
| CYCUW Cycurion Inc.-CW27 | *W EXP 02/13/203 | 423,227 | $8K | No change |
| PPYAW Papaya Growth Opportuni-CW23 | *W EXP 12/31/202 | 600,926 | $7K | No change |
| BYNOW Bynordic Acquisition -CW27 | *W EXP 07/01/202 | 208,527 | $6K | No change |
| LVRWF Lavoro Ltd.-27 | *W EXP 02/27/202 | 48,396 | $6K | Reduce -32.0% |
| BNIXR Bannix Acquisition Corp.-RTS | RIGHT 07/31/2026 | 64,098 | $6K | No change |
| GLSTW Global Star Acquisition-27 A | *W EXP 07/15/202 | 203,859 | $6K | Reduce -0.8% |
| KVAWF Keen Vision Acquisition C-28 | *W EXP 03/15/202 | 123,850 | $6K | Reduce -0.9% |
| DMYYW DMY Squared Technology GR-27 | *W EXP 99/99/999 | 22,759 | $5K | No change |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | 23,531 | $5K | Reduce -15.1% |
| XAGEW Alpha Healthcare Acquis-CW27 | *W EXP 07/12/202 | 74,393 | $5K | Reduce -6.9% |
| HSPWF Horizon Space Acquisition-28 | *W EXP 12/27/202 | 246,133 | $5K | No change |
| OAKUW Oak Woods Acquisition -28 | *W EXP 99/99/999 | 95,000 | $5K | No change |
| IVAWF Investcorp India Acquisi -27 | *W EXP 06/01/202 | 288,058 | $5K | No change |
Largest 200 of 222 shown.
Total filed on the 13F, all lines: $4.2B.
Portfolio Sells Q3 2024 → Q4 2024
| SWN Southwestern Energy Co. | Sold out | 0.00% | −4.10 |
| AXONICS INC | Sold out | 0.00% | −2.46 |
| ACI Albertsons Cos Inc. Class A | Sold out | 0.00% | −1.81 |
| VZIO Vizio Holding Corp. Class A | Sold out | 0.00% | −1.71 |
| MRO Marathon Oil Corp. | Sold out | 0.00% | −1.54 |
| SRCL Stericycle Inc. | Sold out | 0.00% | −1.40 |
| CTLT Catalent Inc. | Sold out | 0.00% | −1.27 |
| ENV Envestnet Inc. | Sold out | 0.00% | −1.20 |
| RCM R1 RCM Inc. | Sold out | 0.00% | −1.14 |
| VGR Vector Group Ltd. | Sold out | 0.00% | −1.04 |
| AY Atlantica Sustainable Infras | Sold out | 0.00% | −0.98 |
| NVEI Nuvei Corp.-Subordinate VTG | Sold out | 0.00% | −0.94 |
| PRFT Perficient Inc. | Sold out | 0.00% | −0.91 |
| TELL Tellurian Inc. | Sold out | 0.00% | −0.86 |
| SQSP Squarespace Inc. Class A | Sold out | 0.00% | −0.81 |
| AGR Avangrid Inc. | Sold out | 0.00% | −0.77 |
| PWSC Powerschool Holdings Inc. Class A | Sold out | 0.00% | −0.75 |
| UAA Under Armour Inc. Class A | Reduce -96.8% | 0.02% | −0.66 |
| STER Sterling Check Corp. | Sold out | 0.00% | −0.65 |
| BSIIU Black Spade Acquisition II C | Sold out | 0.00% | −0.61 |
| USAR USA Rare Earth Inc. | Sold out | 0.00% | −0.59 |
| CPRI Capri Holdings Ltd. | Sold out | 0.00% | −0.52 |
| HAYN Haynes International Inc. | Sold out | 0.00% | −0.47 |
| WELL Welltower Inc. | Sold out | 0.00% | −0.45 |
| W Wayfair Inc. Class A | Reduce -35.1% | 0.47% | −0.43 |
| ESHA Esh Acquisition Corp. Class A | Reduce -94.5% | 0.02% | −0.40 |
| VLOS Velos Acquisition I Corp. | Reduce -40.2% | 0.63% | −0.40 |
| STX Seagate Technology Holdings | Sold out | 0.00% | −0.40 |
| FTW Eqv Ventures Acquisition C-A | Reduce -28.9% | 1.04% | −0.38 |
| PETQ Petiq Inc. | Sold out | 0.00% | −0.33 |
| TTEK Tetra Tech Inc. | Sold out | 0.00% | −0.33 |
| ALCYF Alchemy Investments Acquisit | Reduce -88.8% | 0.04% | −0.32 |
| SBXC Silverbox Corp. III-A | Sold out | 0.00% | −0.31 |
| ALNY Alnylam Pharmaceuticals Inc. | Sold out | 0.00% | −0.30 |
| POLE Andretti Acquisition Corp. Class A | Reduce -33.2% | 0.64% | −0.30 |
| SBXDF Silverbox Corp. IV-A | Reduce -31.5% | 0.66% | −0.28 |
| IMSR Terrestrial Energy Inc. | Reduce -31.3% | 0.66% | −0.28 |
| VCIC Vine Hill Capital Class A | Reduce -35.4% | 0.54% | −0.28 |
| NTNX Nutanix Inc. Class A | Sold out | 0.00% | −0.26 |
| COIN Coinbase Global Inc. Class A | Reduce -77.6% | 0.12% | −0.26 |
| NEE Nextera Energy Inc. | Reduce -11.3% | 0.80% | −0.24 |
| YHNAU YHN Acquisition I Ltd. | Sold out | 0.00% | −0.22 |
| GHIX Gores Holding Ix Inc. Class A | Sold out | 0.00% | −0.22 |
| BDJ BlackRock Enhanced Eqty DVD | Reduce -51.5% | 0.20% | −0.22 |
| CHUY Chuy's Holdings Inc. | Sold out | 0.00% | −0.19 |
| XEXGX Eaton Vance Tax-Managed Glob | Reduce -28.6% | 0.42% | −0.19 |
| LPAA Launch One Acquisition Corp. | Reduce -22.2% | 0.67% | −0.17 |
| ARES ACQUISITION CORP II | Reduce -12.8% | 1.41% | −0.15 |
| XAODX Abrdn Total Dynamic Dividend | Reduce -45.2% | 0.16% | −0.15 |
| RVT Royce Small-Cap Trust Inc. | Reduce -59.4% | 0.11% | −0.15 |
Portfolio Buys Q3 2024 → Q4 2024
| BERY Berry Global Group Inc. | New | 2.28% | +2.28 |
| ALTR Altair Engineering Inc. Class A | New | 2.25% | +2.25 |
| SUM Summit Materials Inc. Class A | New | 1.40% | +1.40 |
| AZPN Aspen Technology Inc. | New | 1.30% | +1.30 |
| ARCH Arch Resources Inc. | Add +197.1% | 1.81% | +1.23 |
| BEAG Bold Eagle Acquisition Cor-A | New | 1.18% | +1.18 |
| HCP Hashicorp Inc. Class A | Add +56.2% | 2.79% | +1.06 |
| ALDF Aldel Financial II Inc. | New | 0.95% | +0.95 |
| DFS Discover Financial Services | Add +56.7% | 1.86% | +0.93 |
| SILV Silvercrest Metals Inc. | New | 0.92% | +0.92 |
| HES Hess Corp. | Add +44.5% | 2.88% | +0.92 |
| IPG Interpublic Group of Cos Inc. | New | 0.89% | +0.89 |
| GSRT GSR III Acquisition Corp. | New | 0.87% | +0.87 |
| ROIC Retail Opportunity Investmen | New | 0.85% | +0.85 |
| MLACU Mountain Lake Acquisition Co. | New | 0.84% | +0.84 |
| OACC Oaktree Acquisition Corp. I-A | New | 0.83% | +0.83 |
| CDMO Avid Bioservices Inc. | New | 0.82% | +0.82 |
| MRLN Merlin Inc. | New | 0.80% | +0.80 |
| LPBB Launch Two Acquisition Class A | New | 0.78% | +0.78 |
| BARNES GROUP INC | New | 0.74% | +0.74 |
| FACT Fact II Acquisition Corp. | New | 0.71% | +0.71 |
| JACS.U Jackson Acquisition Co. II | New | 0.68% | +0.68 |
| DRDBU Roman DBDR Acquisition Corp. | New | 0.67% | +0.67 |
| VACH Voyager Acquisition Corp. | New | 0.64% | +0.64 |
| TDACU Translational Development Ac | New | 0.63% | +0.63 |
| ATSG Air Transport Services Group | New | 0.62% | +0.62 |
| AMED Amedisys Inc. | Add +59.1% | 1.81% | +0.62 |
| CCIR Cohen Circle Acquisitio Class A | New | 0.61% | +0.61 |
| NTWOU Newbury Street II Acquisitio | New | 0.61% | +0.61 |
| DYNCU Dynamix Corp. | New | 0.61% | +0.61 |
| ALTM Arcadium Lithium PLC | New | 0.59% | +0.59 |
| ALE Allete Inc. | Add +30.4% | 2.31% | +0.59 |
| SASR Sandy Spring Bancorp Inc. | New | 0.57% | +0.57 |
| SMAR Smartsheet Inc. Class A | Add +96.5% | 1.05% | +0.53 |
| WLACU Willow Lane Acquisition Corp. | New | 0.52% | +0.52 |
| PDCO Patterson Cos Inc. | New | 0.52% | +0.52 |
| CCRN Cross Country Healthcare Inc. | New | 0.46% | +0.46 |
| AAM Aa Mission Acquisition Cor-A | New | 0.45% | +0.45 |
| ESGR Enstar Group Ltd. | Add +21.1% | 2.31% | +0.44 |
| GATO Gatos Silver Inc. | Add +106.4% | 0.87% | +0.42 |
| RANGU Range Capital Acquisition Co. | New | 0.42% | +0.42 |
| JWN Nordstrom Inc. | New | 0.41% | +0.41 |
| TAVI Tavia Acquisition Corp. | New | 0.40% | +0.40 |
| SPR Spirit Aerosystems Hold Class A | Add +55.5% | 0.90% | +0.36 |
| K Kellanova | Add +35.0% | 1.25% | +0.35 |
| PTVE Pactiv Evergreen Inc. | New | 0.30% | +0.30 |
| PGACU Pantages Capital Acquisition | New | 0.30% | +0.30 |
| EVRI Everi Holdings Inc. | Add +27.5% | 1.07% | +0.27 |
| ML Moneylion Inc. | New | 0.26% | +0.26 |
| NOEMU CO2 Energy Transition Corp. | New | 0.25% | +0.25 |
Options Activity Q3 2024 → Q4 2024
| MSTR Strategy Inc. | put | Add +94.9% | 935,600 | $271.0M |
| AAL American Airlines Group Inc. | put | Sold out | 8,211,600 | $92.3Mbefore exit |
| SE Sea Ltd.-ADR | put | Reduce -6.2% | 703,900 | $74.7M |
| SMCI Super Micro Computer Inc. | put | Sold out | 112,700 | $46.9Mbefore exit |
| CRNC Cerence Inc. | put | Sold out | 517,500 | $1.6Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Add +34.7% | 40,302,000 | $101.5M |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Reduce -6.4% | 49,545,000 | $99.9M |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | Add +15.4% | 75,000,000 | $74.5M |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Add +83.6% | 66,660,000 | $68.7M |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | New | 68,000,000 | $66.5M |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 46,470,000 | $65.8Mbefore exit |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | New | 30,000,000 | $61.9M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Add +19.6% | 59,925,000 | $58.2M |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | Reduce -39.0% | 49,045,000 | $57.4M |
| CYBERARK SOFTWARE LTD (CYBR 0 11/15/24) | NOTE 11/1 · principal | Sold out | 26,237,000 | $48.7Mbefore exit |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Sold out | 50,275,000 | $46.9Mbefore exit |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Add +54.8% | 42,780,000 | $40.4M |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | New | 800,000 | $40.0M |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | New | 37,003,000 | $36.2M |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | Reduce -26.6% | 41,924,000 | $34.4M |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | Add +11.5% | 24,212,000 | $33.0M |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | Add +12812.5% | 20,660,000 | $32.1M |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | Add +3.5% | 26,275,000 | $31.9M |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | New | 31,125,000 | $31.1M |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | Add +39.7% | 30,792,000 | $31.1M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Sold out | 23,400,000 | $28.9Mbefore exit |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Add +97.3% | 29,660,000 | $28.7M |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | Sold out | 31,307,000 | $27.8Mbefore exit |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | New | 17,500,000 | $25.0M |
| BITDEER TECHNOLOGIES GRP (BTDR 8.5 08/15/29) | NOTE 8.500% 8/1 · principal | New | 8,861,000 | $24.7M |
| MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24) | NOTE 0.125%11/1 · principal | Sold out | 24,343,000 | $24.4Mbefore exit |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Reduce -21.4% | 27,555,000 | $23.6M |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | New | 22,265,000 | $22.2M |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | Add +5.7% | 24,109,000 | $21.6M |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | New | 18,107,000 | $21.6M |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | Sold out | 22,900,000 | $20.8Mbefore exit |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Sold out | 20,025,000 | $20.7Mbefore exit |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Reduce -60.1% | 16,300,000 | $20.7M |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Reduce -39.3% | 21,595,000 | $20.3M |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | Sold out | 16,650,000 | $19.6Mbefore exit |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | New | 22,775,000 | $19.4M |
| WAYFAIR INC (W 1.125 11/01/24) | NOTE 1.125%11/0 · principal | Sold out | 19,375,000 | $19.1Mbefore exit |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | NOTE 1.750% 2/1 · principal | Add +33.7% | 19,832,000 | $19.0M |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | Add +8.2% | 19,900,000 | $18.9M |
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | Reduce -21.9% | 17,795,000 | $17.7M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | New | 201,450 | $17.6M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Add +0.1% | 15,570,000 | $16.8M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Add +17600.0% | 17,700,000 | $15.9M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Reduce -38.5% | 17,725,000 | $15.8M |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | Sold out | 18,125,000 | $15.2Mbefore exit |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | Sold out | 14,200,000 | $15.2Mbefore exit |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Add +25641.7% | 15,445,000 | $15.0M |
| EVENTBRITE INC (EB 0.75 09/15/26) | NOTE 0.750% 9/1 · principal | Sold out | 16,740,000 | $14.5Mbefore exit |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | Sold out | 14,273,000 | $13.9Mbefore exit |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | Add +200.0% | 3,000,000 | $13.9M |
Showing the first 50 of 243.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 335 | $5.8B | EA, AES, WBS, NSC, PEN |
| Q1 2026 | 311 | $5.1B | EA, PEN, QRVO, GTLS, NSC |
| Q4 2025 | 269 | $3.7B | QRVO, TECK, NSC, CYBR, AL |
| Q3 2025 | 234 | $2.8B | IPG, ALE, SAND, GTLS, K |
| Q2 2025 | 209 | $2.7B | HES, ALE, CHX, IPG, K |
| Q1 2025 | 209 | $2.3B | HES, CHX, DFS, ALE, ESGR |
| Q4 2024 | 238 | $2.4B | EDR, CHX, HES, HCP, ALE |
| Q3 2024 | 262 | $2.4B | EDR, SWN, CHX, AXONICS INC, HES |
| Q2 2024 | 280 | $2.2B | ETRN, SWN, AXONICS INC, EDR, CHX |
| Q1 2024 | 281 | $1.9B | SWN, ETRN, AXONICS INC, PXD, MGRC |