AQR Arbitrage LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), AQR Arbitrage LLC reported 234 stock positions worth $2.8 billion. Its top holding was Interpublic Group of Cos (IPG) at 3.6% of the portfolio, followed by Allete (ALE, 3.2%) and Sandstorm Gold (SAND, 2.7%). Compared with Q2 2025, it opened 81 new positions, sold out of 49, added to 15 and reduced 118. The biggest buy was a new position in Sandstorm Gold (SAND) and the biggest sale an exit from Hess (HES).
- Most Recent 13F
- Q2 2026
- Location
- Greenwich, CT
- CIK
- 0001167456
- Portfolio Value
- $2.8B (Q3 2025)
- SEC Filing
- 0001167456-25-000002 ↗ filed Nov 14, 2025
Holdings Value
Holdings 234 stocks · $2.8B
| IPG Interpublic Group of Cos Inc. | 3.59% | 3,633,044 | $101.4M | Add +17.5% |
| ALE Allete Inc. | 3.23% | 1,372,186 | $91.1M | Reduce -10.2% |
| SAND Sandstorm Gold Ltd. | 2.69% | 6,061,783 | $75.9M | New |
| GTLS Chart Industries Inc. | 2.68% | 378,580 | $75.8M | Add +369.1% |
| K Kellanova | 2.55% | 880,941 | $72.1M | Reduce -3.4% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 2.27% | 1,008,638 | $64.2M | New |
| TXNM TXNM Energy Inc. | 2.10% | 1,047,107 | $59.2M | Add +6.5% |
| CYBR Cyberark Software Ltd./Israel | 2.09% | 122,381 | $59.1M | New |
| FYBR Frontier Communications Pare | 2.09% | 1,580,940 | $59.0M | Add +72.4% |
| NSC Norfolk Southern Corp. | 2.09% | 196,319 | $58.9M | New |
| VRNA Verona Pharma Ltd. | 1.94% | 513,778 | $54.8M | New |
| LBRDK Liberty Broadband-C | 1.93% | 857,476 | $54.5M | Add +209.5% |
| AVDX Avidxchange Holdings Inc. | 1.86% | 5,268,902 | $52.4M | Add +16.8% |
| WNS WNS Holdings Ltd. filed as WNS HLDGS LTD | 1.80% | 666,844 | $50.9M | New |
| SPR Spirit Aerosystems Hold Class A | 1.27% | 930,112 | $35.9M | Add +0.3% |
| HBI Hanesbrands Inc. | 1.19% | 5,108,216 | $33.6M | New |
| INFA Informatica Inc. Class A | 1.09% | 1,236,458 | $30.7M | Add +336.0% |
| VBTX Veritex Holdings Inc. | 0.97% | 813,371 | $27.3M | New |
| FTW Eqv Ventures Acquisition C-A | 0.89% | 2,423,674 | $25.2M | Reduce -0.2% |
| SCS Steelcase Inc. Class A | 0.85% | 1,388,663 | $23.9M | New |
| ANSC Agriculture & Natural Soluti | 0.79% | 2,035,706 | $22.2M | Reduce -0.7% |
| DAY Dayforce Inc. | 0.77% | 314,882 | $21.7M | New |
| BEAG Bold Eagle Acquisition Cor-A | 0.74% | 2,020,363 | $21.0M | Reduce -0.1% |
| EA Electronic Arts Inc. | 0.72% | 100,305 | $20.2M | New |
| MRLN Merlin Inc. filed as BLEICHROEDER ACQUISITION COR | 0.69% | 1,875,100 | $19.5M | Reduce -0.6% |
| MRUS Merus NV | 0.68% | 204,994 | $19.3M | New |
| HDRN Hadron Energy Inc. filed as GIGCAPITAL7 CORP | 0.67% | 1,797,786 | $18.9M | Reduce -2.7% |
| ALF Centurion Acquisition Corp. | 0.65% | 1,749,642 | $18.5M | Reduce -2.0% |
| TRML Tourmaline Bio Inc. | 0.63% | 374,785 | $17.9M | New |
| VMEO Vimeo Inc. | 0.62% | 2,243,567 | $17.4M | New |
| RIO Rio Tinto PLC-Spon ADR | 0.61% | 261,000 | $17.2M | No change |
| STAA Staar Surgical Co. | 0.60% | 630,500 | $16.9M | New |
| ALDF Aldel Financial II Inc. | 0.60% | 1,614,870 | $16.9M | Reduce -2.6% |
| TACH Titan Acquisition Corp. Class A | 0.60% | 1,666,912 | $16.9M | Reduce -25.6% |
| GPAT GP-Act III Acquisition-A | 0.59% | 1,576,119 | $16.7M | Reduce -0.6% |
| LPAA Launch One Acquisition Corp. | 0.59% | 1,573,742 | $16.6M | Reduce -0.1% |
| CUB Lionheart Holdings Class A | 0.58% | 1,572,344 | $16.5M | No change |
| NPAC New Providence Acquisition-A | 0.58% | 1,613,382 | $16.4M | Reduce -26.7% |
| TONT Graf Global Corp. Class A | 0.56% | 1,511,378 | $15.9M | Reduce -0.1% |
| LPBB Launch Two Acquisition Class A | 0.56% | 1,509,683 | $15.8M | Reduce -0.3% |
| AMWD American Woodmark Corp. | 0.56% | 235,495 | $15.7M | New |
| MLAC Mountain Lake Acquisition-A | 0.55% | 1,499,906 | $15.4M | Reduce -0.5% |
| SIMA Sim Acquisition Corp. I-A | 0.54% | 1,455,722 | $15.3M | Reduce -0.6% |
| AACB Artius II Acquisition Inc. Class A | 0.53% | 1,490,205 | $15.1M | Reduce -0.8% |
| BCSS.U Bain Capital GSS Investment | 0.53% | 1,500,000 | $15.0M | New |
| EVAC Eqv Ventures Acquisition C-A | 0.53% | 1,501,296 | $14.9M | New |
| DMIIU Drugs Made in America Acquis | 0.53% | 1,500,000 | $14.9M | New |
| RAC Rithm Acquisition Corp. Class A | 0.53% | 1,451,934 | $14.9M | Reduce -0.8% |
| VACH Voyager Acquisition Corp. | 0.53% | 1,418,939 | $14.8M | No change |
| LEGT Legato Merger Corp. III | 0.53% | 1,380,892 | $14.8M | Reduce -1.3% |
| CHAC Crane Harbor Acqu Corp. Class A | 0.53% | 1,463,990 | $14.8M | Reduce -26.1% |
| OACC Oaktree Acquisition Corp. I-A | 0.52% | 1,412,750 | $14.8M | Reduce -2.6% |
| MRC MRC Global Inc. | 0.52% | 1,019,159 | $14.7M | Add +339.5% |
| POLE Andretti Acquisition Corp. Class A | 0.52% | 1,400,933 | $14.7M | Reduce -0.1% |
| KCHV Kochav Defense Acquisition-A | 0.51% | 1,429,380 | $14.3M | Reduce -23.8% |
| SBXDF Silverbox Corp. IV-A | 0.50% | 1,347,002 | $14.1M | No change |
| FERA Fifth Era Acquisition Corp. Class A | 0.50% | 1,386,220 | $14.1M | Reduce -0.7% |
| TVA Texas Ventures Acquisition-A | 0.50% | 1,313,692 | $14.0M | New |
| LWAC Lightwave Acquisition Corp. Class A | 0.49% | 1,399,996 | $14.0M | No change |
| SVACU Spring Valley Acquisition Co. | 0.48% | 1,300,000 | $13.5M | New |
| SDHI Siddhi Acquisition Corp. Class A | 0.47% | 1,307,013 | $13.3M | Reduce -0.4% |
| SZZL Sizzle Acquisition Corp. Class A | 0.47% | 1,305,022 | $13.2M | Reduce -16.2% |
| ONEN One Nuclear Energy Inc. filed as HENNESSY CAP INVT CORP VII | 0.47% | 1,286,444 | $13.2M | Reduce -0.2% |
| GSRFU GSR IV Acquisition Corp. | 0.47% | 1,300,000 | $13.2M | New |
| FACT Fact II Acquisition Corp. | 0.47% | 1,277,639 | $13.2M | No change |
| SOUL Soulpower Acquisition Co. Class A | 0.47% | 1,305,022 | $13.2M | Reduce -0.5% |
| HVMCU Highview Merger Corp. | 0.45% | 1,268,226 | $12.8M | New |
| JACS Jackson Acquisition Co. Class A | 0.45% | 1,216,792 | $12.6M | Reduce -0.3% |
| BCAR D. Boral Arc Acquisit Class A | 0.44% | 1,249,996 | $12.4M | New |
| KOYNU CSLM Digital Asset Acquisiti | 0.43% | 1,213,440 | $12.3M | New |
| GWRE Guidewire Software Inc. | 0.43% | 52,656 | $12.1M | No change |
| PNFP Pinnacle Financial Partners | 0.43% | 128,144 | $12.0M | New |
| TACO Berto Acquisition Corp. | 0.41% | 1,125,872 | $11.7M | Reduce -26.8% |
| DRDB Roman DBDR Acquisition Corp. | 0.41% | 1,133,577 | $11.7M | Reduce -1.1% |
| TLNCU Talon Capital Corp. | 0.41% | 1,158,216 | $11.6M | New |
| XRPN Armada Acquisition Class A | 0.41% | 1,108,382 | $11.6M | New |
| MBVIU M3-Brigade Acquisition Vi Co. | 0.41% | 1,141,831 | $11.6M | New |
| TGNA Tegna Inc. | 0.41% | 566,571 | $11.5M | New |
| BLUW Blue Water Acquisition C-A filed as BLUE WTR ACQUISITION CORP. I | 0.41% | 1,153,104 | $11.5M | Reduce -23.1% |
| OYSE Oyster Enterprises II Acq-A | 0.40% | 1,138,688 | $11.4M | Reduce -23.8% |
| GTEN Gores Holdings X Inc. Class A | 0.40% | 1,113,336 | $11.4M | New |
| TECK Teck Resources Ltd.-CLS B | 0.40% | 259,155 | $11.4M | New |
| TDAC Translational Development Ac | 0.40% | 1,096,989 | $11.3M | Reduce -0.3% |
| SVCC Stellar V Capital Corp. Class A | 0.40% | 1,096,174 | $11.3M | No change |
| BDCIU BTC Development Corp. | 0.40% | 1,125,000 | $11.3M | New |
| DAAQ Digital Asset Acquisiti Class A | 0.39% | 1,080,396 | $11.0M | Reduce -27.3% |
| OBA Oxley Bridge Acquisitio Class A | 0.39% | 1,099,994 | $10.9M | No change |
| AEXA American Exceptionalism Class A | 0.39% | 1,000,000 | $10.9M | New |
| RAAQ Real Asset Acquisiti Class A | 0.39% | 1,075,396 | $10.9M | Reduce -26.8% |
| CCRN Cross Country Healthcare Inc. | 0.38% | 762,647 | $10.8M | Reduce -3.8% |
| IPCX Inflection Point Acquisiti-A | 0.37% | 1,052,225 | $10.6M | Reduce -24.8% |
| FAC Factorial Energy Inc. filed as CARTESIAN GROWTH CORP III | 0.37% | 1,049,692 | $10.5M | New |
| PRO Pros Holdings Inc. | 0.37% | 460,205 | $10.5M | New |
| NTWO Newbury Street II Ac Class A | 0.37% | 1,017,744 | $10.5M | No change |
| NHIC Newhold Investment Cor III-A | 0.37% | 1,033,008 | $10.5M | No change |
| MACI Melar Acquisition Corp. I-A | 0.37% | 997,179 | $10.5M | Reduce -0.9% |
| CRAQ Cal Redwood Acquisit Class A | 0.37% | 1,040,125 | $10.4M | Reduce -24.0% |
| TMS Teamshares Inc. filed as LIVE OAK ACQUISITION CORP V | 0.37% | 1,020,682 | $10.4M | No change |
| AAM Aa Mission Acquisition Cor-A | 0.37% | 982,765 | $10.3M | Reduce -1.7% |
| VCIC Vine Hill Capital Class A | 0.37% | 964,658 | $10.3M | Reduce -23.7% |
| BLZRU Trailblazer Acquisition Corp. | 0.36% | 1,000,000 | $10.3M | New |
| KFII K&F Growth Acquisition Cor-A | 0.36% | 994,915 | $10.2M | Reduce -0.3% |
| IAS Integral Ad Science Holding | 0.36% | 991,705 | $10.1M | New |
| HOUS Anywhere Real Estate Inc. | 0.35% | 943,645 | $10.0M | New |
| VNME Vendome Acquisition Corp. Class A | 0.35% | 999,998 | $9.9M | New |
| PLMK Plum Acquisition Corp. IV | 0.35% | 960,428 | $9.9M | No change |
| ATII Archimedes Tech Spac Partner | 0.35% | 964,382 | $9.8M | Reduce -0.5% |
| PACH Pioneer Acquisition I Class A | 0.35% | 984,608 | $9.8M | Reduce -23.9% |
| IBAC Ib Acquisition Corp. | 0.34% | 918,673 | $9.7M | Reduce -18.2% |
| PCAP Procap Acquisition Corp. Class A | 0.34% | 929,604 | $9.5M | Reduce -25.4% |
| MKLYU McKinley Acquisition Corp. | 0.34% | 950,571 | $9.5M | New |
| CTLP Cantaloupe Inc. | 0.33% | 870,900 | $9.2M | Add +1.9% |
| AHL Aspen Insurance Holdings Class A | 0.33% | 250,666 | $9.2M | New |
| AXIN Axiom Intelligence Class A | 0.32% | 913,726 | $9.1M | Reduce -23.9% |
| ENHA Enhanced Group Inc. filed as A PARADISE ACQUISITION CORP | 0.32% | 913,550 | $9.0M | New |
| LATAU Galata Acquisition Corp. II | 0.32% | 900,000 | $9.0M | New |
| EGHA Egh Acquisition Co. Class A | 0.32% | 893,685 | $9.0M | Reduce -26.6% |
| VRNT Verint Systems Inc. | 0.31% | 433,256 | $8.8M | New |
| VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP | 0.31% | 830,918 | $8.8M | Reduce -16.2% |
| PRA Proassurance Corp. | 0.30% | 350,086 | $8.4M | Reduce -3.4% |
| RFAI RF Acquisition Corp. II | 0.29% | 772,982 | $8.2M | Reduce -0.4% |
| OTGAU Otg Acquisition Corp. I | 0.29% | 800,000 | $8.1M | New |
| SPNS Sapiens International Corp. | 0.28% | 186,172 | $8.0M | New |
| FG MERGER II CORP | 0.28% | 784,000 | $7.8M | Reduce -0.6% |
| MAC COPPER LTD | 0.28% | 640,206 | $7.8M | Add +534.0% |
| HAYMAKER ACQUISITION CORP 4 | 0.28% | 686,006 | $7.8M | Reduce -0.3% |
| CEPF Cantor Equity Partners Class A | 0.27% | 756,700 | $7.7M | New |
| RANG Range Capital Acquisition Co. | 0.27% | 747,683 | $7.7M | Reduce -2.4% |
| RDAG Republic Digital Acquis Class A | 0.27% | 734,626 | $7.5M | Reduce -26.5% |
| SPKLF Spark I Acquisition Corp. | 0.26% | 633,999 | $7.4M | No change |
| TAVI Tavia Acquisition Corp. | 0.25% | 688,596 | $7.1M | Reduce -0.3% |
| CHECU Chenghe Acquisition III Co. | 0.25% | 700,000 | $7.0M | New |
| JENA Jena Acquisition Corp. II - A | 0.24% | 679,186 | $6.9M | Reduce -24.5% |
| INAC Indigo Acquisition Corp. | 0.24% | 683,910 | $6.8M | New |
| WENN Wen Acquisition Corp. Class A | 0.24% | 671,326 | $6.8M | Reduce -25.2% |
| TVAI Thayer Ventures Acquis Class A | 0.24% | 668,973 | $6.7M | Reduce -24.9% |
| VTLE Vital Energy Inc. | 0.22% | 371,963 | $6.3M | New |
| NMP NMP Acquisition Corp. Class A | 0.22% | 626,907 | $6.2M | New |
| COPL Copley Acquisition Corp. Class A | 0.22% | 613,192 | $6.2M | New |
| EMISU Emmis Acquisition Corp. | 0.21% | 600,000 | $6.0M | New |
| NOEM CO2 Energy Transition Corp. | 0.21% | 585,000 | $5.9M | Reduce -0.5% |
| BRR Columbus Circle Capital Co. Class A | 0.21% | 583,941 | $5.9M | Reduce -40.4% |
| CCAQ Collective Acquisition Corp. filed as DUNE ACQUISITION CORP II | 0.20% | 565,876 | $5.7M | Reduce -27.4% |
| PAII Pyrophyte Acquisition Corp. Class A | 0.20% | 566,998 | $5.6M | New |
| PGAC Pantages Capital Acquisition | 0.19% | 530,607 | $5.5M | Reduce -2.2% |
| CHAR Charlton Aria Acquisiti Class A | 0.19% | 525,203 | $5.5M | Reduce -2.7% |
| CVAC Curevac NV | 0.19% | 991,688 | $5.3M | Add +2145.7% |
| BACC Blue Acquisition Corp. Class A | 0.19% | 532,161 | $5.3M | Reduce -24.0% |
| NETD Nabors Energy Transition C-A | 0.19% | 469,798 | $5.3M | Reduce -0.4% |
| PSN Parsons Corp. | 0.18% | 62,090 | $5.1M | Add +204.3% |
| TBMC Trailblazer Merger Corp. I | 0.18% | 435,910 | $5.1M | Reduce -0.4% |
| CCII Cohen Circle Acquisit II - A | 0.18% | 499,994 | $5.1M | New |
| ODP The Odp Corp. filed as THE ODP CORP | 0.18% | 180,260 | $5.0M | New |
| KDK Kodiak AI Inc. | 0.17% | 702,094 | $4.8M | New |
| MKSI MKS Inc. | 0.16% | 37,344 | $4.6M | Add +11.5% |
| SRDX Surmodics Inc. | 0.16% | 149,086 | $4.5M | Reduce -4.5% |
| ORIQ Origin Investment Corp. I | 0.16% | 436,650 | $4.4M | New |
| ETNB 89BIO Inc. | 0.15% | 296,445 | $4.4M | New |
| JAZZ Jazz Pharmaceuticals PLC | 0.15% | 33,322 | $4.3M | Reduce -58.9% |
| HSPT Horizon Space Acquisition II | 0.15% | 414,354 | $4.3M | Reduce -1.8% |
| DTSQ DT Cloud Star Acquisition Co. | 0.15% | 400,900 | $4.2M | Reduce -1.2% |
| STEW SRH Total Return Fund Inc. | 0.15% | 227,162 | $4.1M | Reduce -28.2% |
| DIAX Nuveen Dow 30 Dynamic Overwr | 0.14% | 274,485 | $4.0M | Reduce -21.6% |
| PGRE Paramount Group Inc. | 0.14% | 610,083 | $4.0M | New |
| CEPT Cantor Equity Partners Class A | 0.14% | 374,115 | $3.9M | Reduce -24.9% |
| HCMAU HCM III Acquisition Corp. | 0.14% | 379,400 | $3.9M | New |
| DMAA Drugs Made in America Acquis | 0.14% | 371,211 | $3.8M | Reduce -1.4% |
| QETA Quetta Acquisition Corp. | 0.13% | 348,475 | $3.8M | Reduce -0.8% |
| IPEX Inflection Point Acquisition filed as MAYWOOD ACQUISITION CORP | 0.13% | 370,917 | $3.8M | Reduce -1.1% |
| QSEA Quartzsea Acquisition Corp. | 0.13% | 369,960 | $3.8M | Reduce -2.0% |
| DYNC Dynamix Corp. | 0.13% | 359,872 | $3.7M | Reduce -67.5% |
| APACU Stonebridge Acquisition II C | 0.13% | 375,000 | $3.7M | New |
| CCIX Churchill Capital Corp. Ix | 0.13% | 352,581 | $3.7M | Reduce -1.4% |
| CHPG Championsgate Acquisitio-A | 0.13% | 366,676 | $3.7M | Reduce -24.4% |
| FCRS.U Futurecrest Acquisition Corp. | 0.13% | 346,500 | $3.7M | New |
| CAPN Cayson Acquisition Corp. | 0.13% | 349,901 | $3.7M | Reduce -2.2% |
| RDAC Rising Dragon Acquisition Co. | 0.13% | 347,804 | $3.6M | No change |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | 0.12% | 240,398 | $3.4M | Reduce -33.4% |
| YHNA YHN Acquisition I Ltd. | 0.12% | 328,272 | $3.4M | Reduce -1.5% |
| FVN Future Vision II Acquisition | 0.12% | 326,215 | $3.4M | Reduce -3.6% |
| ZIMV Zimvie Inc. | 0.12% | 177,454 | $3.4M | New |
| CAEP Cantor Equity Partners III-A | 0.12% | 322,249 | $3.3M | Reduce -24.2% |
| PREMIER INC-CLASS A | 0.12% | 118,050 | $3.3M | New |
| QUMSU Quantumsphere Acquisition Co. | 0.12% | 322,660 | $3.3M | New |
| MCGA Yorkville Acquisition Corp. Class A | 0.11% | 303,867 | $3.2M | New |
| PHLT Performant Healthcare Inc. | 0.11% | 418,967 | $3.2M | New |
| FIGX Figx Capital Acquisition C-A | 0.11% | 309,578 | $3.1M | Add +1.2% |
| PMTR Perimeter Acquis Corp. I Class A | 0.11% | 301,692 | $3.1M | Reduce -24.6% |
| GES Guess? Inc. | 0.11% | 184,527 | $3.1M | New |
| SPEG Silver Pegasus Acquisition-A | 0.11% | 298,857 | $3.0M | New |
| CEPO Cantor Equity Partners I-A | 0.10% | 266,056 | $2.8M | Reduce -64.8% |
| PELI Pelican Acquisition Corp. | 0.10% | 274,670 | $2.8M | Reduce -25.8% |
| KVACF Keen Vision Acquisition Corp. | 0.09% | 219,726 | $2.5M | Reduce -50.5% |
| MLNK Meridianlink Inc. | 0.08% | 120,388 | $2.4M | New |
| COLA Columbus Acquisition Corp. | 0.08% | 224,304 | $2.3M | Reduce -1.8% |
| CET Central Securities Corp. | 0.08% | 44,081 | $2.3M | Reduce -19.6% |
| SOCA Solarius Capital Acquis Class A | 0.08% | 226,740 | $2.3M | New |
| LCCC Lakeshore Acquisition III Co. | 0.08% | 216,589 | $2.2M | Reduce -27.8% |
| BULL Webull Corp. | 0.08% | 146,070 | $2.2M | No change |
| MTSR Metsera Inc. | 0.07% | 38,959 | $2.0M | New |
| INFQ Infleqtion Inc. filed as CHURCHILL CAP CORP X | 0.07% | 150,846 | $1.9M | New |
| EURK Eureka Acquisition Corp. | 0.07% | 179,141 | $1.9M | No change |
| RIBB Ribbon Acquisition Corp. | 0.07% | 186,895 | $1.9M | Reduce -1.6% |
| ASPC A Spac III Acquisition Class A | 0.07% | 181,223 | $1.9M | Reduce -2.7% |
| OAKU Oak Woods Acquisition Corp. Class A | 0.06% | 151,913 | $1.8M | Reduce -0.9% |
| ALPHAVEST ACQUISITION CORP | 0.06% | 149,997 | $1.8M | No change |
| BKHA Black Hawk Acquisition Cor-A | 0.06% | 139,365 | $1.6M | Reduce -72.4% |
| EMF Templeton Emerging Markets | 0.05% | 87,098 | $1.5M | Reduce -14.0% |
| NWE Northwestern Energy Group Inc. | 0.05% | 23,947 | $1.4M | New |
| UYSC Uy Scuti Acquisition Corp. | 0.05% | 131,588 | $1.3M | Reduce -1.5% |
| FSHP Flag Ship Acquisition Corp. | 0.05% | 125,200 | $1.3M | Reduce -56.0% |
| HEQ John Hancock Divers Inc. Fund | 0.04% | 115,857 | $1.2M | Reduce -6.5% |
| FUND Sprott Focus Trust Inc. | 0.04% | 140,061 | $1.2M | Reduce -12.5% |
| CHW Calamos Global Dynamic Incom | 0.04% | 153,184 | $1.2M | Reduce -48.9% |
| BSAA Best Spac I Acquisition-A | 0.04% | 114,034 | $1.1M | New |
| ALCYF Alchemy Investments Acquisit | 0.03% | 85,219 | $976K | Reduce -4.9% |
| HTD John Hancock Tax Adv DVD Inc. filed as HANCOCK JOHN TAX-ADVANTAGED | 0.03% | 39,209 | $972K | Reduce -67.2% |
| FLC Flaherty & Crumrine TTL RTRN | 0.03% | 52,568 | $937K | Reduce -30.6% |
| GTERA Globa Terra Acquisition Co. Class A | 0.03% | 90,810 | $906K | New |
| WTG Wintergreen Acquisition Corp. | 0.03% | 85,203 | $857K | Reduce -24.9% |
| XGLQX Clough Global Equity Fund | 0.03% | 106,637 | $812K | Reduce -20.5% |
| GRX Gabelli Healthcare & Well | 0.03% | 87,814 | $796K | Reduce -20.2% |
| ONCH 1RT Acquisition Corp. Class A | 0.03% | 75,932 | $793K | New |
| PFD Flaherty & Crumrin Pre&inc F | 0.03% | 60,680 | $729K | Reduce -33.3% |
| ESHA Esh Acquisition Corp. Class A | 0.02% | 54,000 | $603K | No change |
| GF The New Germany Fund Inc. | 0.02% | 51,919 | $600K | Reduce -12.5% |
| RA Brookfield Real Assets Incom | 0.02% | 44,331 | $592K | Reduce -80.5% |
| ISRLF Israel Acquisitions Corp. Class A | 0.02% | 39,143 | $492K | Reduce -56.5% |
| COOP Mr Cooper Group Inc. | 0.02% | 2,319 | $489K | New |
| XFFCX Flaherty & Crumrine Pref Inc. | 0.01% | 17,311 | $292K | Reduce -87.6% |
| ECF Ellsworth Growth and Income | 0.01% | 24,981 | $290K | Reduce -51.8% |
| ETG Eaton Vance T/A GL DVD Incm | 0.01% | 12,644 | $267K | Reduce -88.2% |
| XAI OCTAGN FLT RAT & ALT INM | 0.01% | 48,378 | $256K | New |
| ABPRO HLDGS INC | 0.00% | 87,500 | $20K | No change |
Other holdings (214): bonds, preferreds, convertibles and warrants · $1.1B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 77,184,000 | $70.4M | Add +39.1% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 60,830,000 | $57.2M | Add +131.2% |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 32,387,000 | $52.5M | Reduce -27.0% |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 54,884,000 | $50.7M | Reduce -23.1% |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | 36,150,000 | $42.8M | No change |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 47,745,000 | $42.4M | Add +220.3% |
| WISDOMTREE INC (WT 3.25 08/15/29) | NOTE 3.250% 8/1 · principal | 31,525,000 | $41.4M | New |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 42,640,000 | $39.4M | Add +82.8% |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 31,595,000 | $34.9M | Add +42.5% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 36,647,000 | $33.0M | Reduce -42.2% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 30,475,000 | $31.7M | Reduce -18.7% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 17,000,000 | $31.3M | New |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 28,800,000 | $31.0M | New |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 19,092,000 | $29.9M | New |
| GROUPON INC (GRPN 4.875 06/30/30 UNRS) | NOTE 4.875% 6/3 · principal | 29,500,000 | $27.2M | New |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 25,682,000 | $26.7M | Reduce -28.4% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 500,000 | $26.2M | New |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 25,250,000 | $25.7M | Add +10000.0% |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 27,375,000 | $23.5M | New |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 20,075,000 | $21.6M | New |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | 21,286,000 | $20.9M | Reduce -18.9% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 16,390,000 | $20.6M | Add +15509.5% |
| PENGUIN SOLUTIONS CAYMEN (PENG 2 08/15/30) | NOTE 2.000% 8/1 · principal | 17,071,000 | $20.4M | New |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | 18,797,000 | $20.2M | New |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | 20,975,000 | $20.2M | New |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 19,055,000 | $19.7M | Reduce -20.2% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 21,609,000 | $19.7M | Reduce -4.4% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 18,650,000 | $18.4M | New |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 17,725,000 | $18.1M | Reduce -33.0% |
| DYNAVAX TECHNOLOGIES CORP | DEBT 2.000% 3/1 · principal | 19,100,000 | $17.9M | No change |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 255,250 | $17.7M | Add +25.0% |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 18,765,000 | $17.7M | Reduce -5.1% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 15,040,000 | $15.5M | New |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 14,125,000 | $13.4M | Reduce -73.9% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 251,600 | $9.6M | New |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 101,000 | $9.5M | New |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 8,000,000 | $8.4M | Add +700.0% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 7,075,000 | $7.1M | New |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 6,310,000 | $5.6M | New |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 4,548,000 | $4.6M | New |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 4,600,000 | $4.5M | No change |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | 4,063,000 | $4.0M | No change |
| SPECTRUM BRANDS INC (SPB 3.375 06/01/29) | NOTE 3.375% 6/0 · principal | 4,000,000 | $3.7M | New |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 3,555,000 | $3.6M | New |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 2,674,000 | $2.5M | Reduce -91.1% |
| GSRTR GSR III Acquisition Corp. | RIGHT 99/99/9999 | 297,167 | $2.5M | No change |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 2,462,563 | $1.6M | No change |
| WLACW Willow Lane Acquisition - 29 | *W EXP 10/31/203 | 533,987 | $1.5M | Reduce -14.0% |
| KYIVW Kyivstar Group Ltd. -30 | *W EXP 08/14/203 | 356,789 | $1.4M | New |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | 1,113,502 | $1.4M | Reduce -8.1% |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 99/99/999 | 241,236 | $1.3M | Reduce -78.4% |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | 681,957 | $1.1M | Reduce -30.5% |
| HDRNW GIGCAPITAL7 Corp.-A - 29 | *W EXP 08/29/202 | 2,366,816 | $1.1M | No change |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 1,000,000 | $986K | New |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 1,000,000 | $980K | No change |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 | 772,258 | $822K | New |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | 2,828,981 | $747K | No change |
| TVACW Texas Ventures Acq -31 | *W EXP 04/23/203 | 667,846 | $701K | New |
| DYNCW Dynamix Corp. - 29 | *W EXP 10/25/202 | 304,581 | $640K | Reduce -58.0% |
| CHACR Crane Harbor Acquisition-RTS | RIGHT 04/17/2030 | 1,980,000 | $634K | No change |
| ALDFW Aldel Financial II Inc. - 29 | *W EXP 09/26/203 | 1,131,592 | $600K | No change |
| IPCXR Inflection Point Acquisition | RIGHT 04/25/2030 | 1,400,000 | $588K | New |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 500,000 | $571K | New |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | 1,146,815 | $562K | No change |
| XRPNW Armada Acquisition Corp - A | *W EXP 05/21/203 | 562,691 | $535K | Reduce -25.0% |
| AACBR Artius II Acquisition Inc. | RIGHT 11/27/2029 | 1,980,000 | $475K | No change |
| FERAR Fifth Era Acquisition Corp. I | RIGHT 02/21/2030 | 1,782,582 | $472K | No change |
| HVIIR Hennessy Capital Investment | RIGHT 01/17/2030 | 1,732,500 | $468K | No change |
| INFQ.WS Churchill Capital Corp. X | *W EXP 05/14/203 | 124,996 | $434K | No change |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | 1,600,000 | $432K | No change |
| BRRWW Columbus Circle Capital -30 | *W EXP 05/16/203 | 377,125 | $419K | Reduce -24.6% |
| RAC.WS Rithm Acquisition Corp. - 30 | *W EXP 99/99/999 | 633,332 | $418K | No change |
| KCHVR Kochav Defense Acquisition-R | RIGHT 05/21/2030 | 1,870,000 | $411K | Reduce -0.3% |
| LPBBW Launch Two Acquisition -29 | *W EXP 10/09/202 | 1,116,602 | $407K | No change |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | 1,980,000 | $396K | No change |
| RANGR Range Capital Acquisition Co. | RIGHT 99/99/9999 | 990,000 | $394K | No change |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 | 572,436 | $389K | Reduce -26.1% |
| TMSWW Live Oak Acquisition Co.-CW29 | *W EXP 99/99/999 | 649,998 | $352K | No change |
| SDHIR Siddhi Acquisition Corp. | RIGHT 09/15/2029 | 1,750,000 | $352K | No change |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 330,000 | $352K | Add +61.0% |
| FGMCR FG Merger II Corp. | RIGHT 02/11/2030 | 792,000 | $333K | No change |
| SOULPOWER ACQUISITION CORP | RIGHT 99/99/9999 | 1,750,000 | $333K | No change |
| IROHR Iron Horse Acquisitions Righ | RIGHT 99/99/9999 | 455,257 | $332K | No change |
| DAAQW Digital Asset Acquisition-30 | *W EXP 04/01/203 | 547,698 | $329K | Reduce -26.2% |
| CUBWW Lionheart Holdings - WT | *W EXP 06/07/203 | 1,134,417 | $312K | No change |
| SIMAW Sim Acquisition Corp. - 29 | *W EXP 06/01/203 | 818,992 | $311K | Reduce -26.8% |
| DRDBW Roman DBDR Acquisition -30 | *W EXP 10/31/203 | 600,288 | $309K | Reduce -25.0% |
| ALFUW Centurion Acquisition - 29 | *W EXP 05/31/203 | 1,012,533 | $304K | Reduce -27.5% |
| CRAQR Cal Redwood Acquisition Corp. | RIGHT 05/15/2030 | 1,368,923 | $301K | New |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | 500,000 | $300K | No change |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | 229,541 | $298K | No change |
| SZZLR Sizzle Acquisition Corp. -RTS | RIGHT 04/02/2030 | 1,750,000 | $298K | No change |
| OACCW Oaktree Acquisition III -31 | *W EXP 09/01/203 | 396,057 | $297K | No change |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 783,153 | $291K | Reduce -6.4% |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 60,000 | $268K | Reduce -99.8% |
| EGHAR Egh Acquisition Corp.-RTS | RIGHT 99/99/9999 | 1,217,000 | $256K | No change |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | 766,689 | $253K | Reduce -30.6% |
| NHICW Newhold Investment Corp. - 30 | *W EXP 01/30/203 | 699,999 | $252K | No change |
| RAAQW REAL ASSET AQC Corp -30 | *W EXP 04/24/203 | 547,698 | $246K | Reduce -26.2% |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | 369,313 | $240K | New |
| FACTW Fact II Acquisition Corp. -29 | *W EXP 11/26/203 | 850,000 | $238K | No change |
| OYSER Oyster Enterprises II Acquis | RIGHT 05/22/2030 | 1,485,000 | $233K | Reduce -0.7% |
| TACHW Titan Acquisition Corp -30 | *W EXP 05/16/203 | 851,956 | $230K | Reduce -23.9% |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 459,084 | $230K | No change |
| NPACW New Providence Acq A -CW28 | *W EXP 04/24/203 | 537,794 | $220K | New |
| GTENW Gores Holdings X Inc.-31 | *W EXP 05/02/203 | 282,084 | $220K | Reduce -24.8% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 130,000 | $214K | New |
| ATMVR Alphavest Acquisition Co.-RT | RIGHT 01/22/2026 | 344,586 | $210K | No change |
| TAVIR Tavia Acquisition Corp. | RIGHT 11/26/2029 | 950,000 | $209K | No change |
| RTACW Renatus Tactical Acqu - 30 | *W EXP 05/15/203 | 169,704 | $204K | Reduce -24.6% |
| PCAPW Procap Acq Corp. A -30 | *W EXP 05/16/203 | 309,868 | $201K | Reduce -25.4% |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 740,550 | $199K | No change |
| SBXWF Silverbox Corp. IV-A- 29 | *W EXP 08/19/202 | 529,987 | $196K | Reduce -28.8% |
| SVCCW Stellar V Capital Corp.-Class-29 | *W EXP 10/15/202 | 548,087 | $195K | Reduce -26.2% |
| ATIIW Archimedes Tech-30 | *W EXP 10/15/202 | 489,691 | $191K | Reduce -24.9% |
| WENNW Wen Acquisition Corp.-A -31 | *W EXP 99/99/999 | 335,663 | $188K | Reduce -25.2% |
| NTWOW Newbury Street II Acq - 29 | *W EXP 06/01/203 | 727,364 | $183K | No change |
| VACHW Voyager Acquisition Corp. -CW | *W EXP 05/16/203 | 1,063,637 | $181K | No change |
| AXINR Axiom Intelligence Acquisiti | RIGHT 06/10/2030 | 1,200,000 | $180K | No change |
| JENA ACQUISITION CORP II-RTS | RIGHT 03/31/2030 | 885,000 | $177K | Reduce -1.7% |
| LPAAW Launch One Acquisition - 29 | *W EXP 06/01/203 | 802,870 | $177K | Reduce -28.1% |
| CHARR Charlton Aria Acquisi-Rights | RIGHT 12/31/2026 | 737,999 | $162K | No change |
| SPKWF Spark I Acquisition Corp.-28 | *W EXP 10/01/203 | 292,331 | $161K | No change |
| TVAIR Thayer Ventures Acquisition | RIGHT 05/15/2030 | 890,200 | $160K | No change |
| TDACW Translational Dev -A -CW26 | *W EXP 12/18/202 | 549,992 | $159K | Reduce -25.9% |
| INACR Indigo Acquisition Corp. | RIGHT 04/02/2027 | 900,000 | $158K | New |
| POLEW Andretti Acquisition Corp.-29 | *W EXP 06/01/203 | 777,967 | $156K | Reduce -30.2% |
| BKHAR Black Hawk Acquisition C-RTS | RIGHT 06/20/2025 | 87,245 | $148K | No change |
| PEW.WS Grabagun Digital Holdings Inc. | *W EXP 99/99/999 | 118,439 | $148K | New |
| QSEAR Quartzsea Acquisition Corp. | RIGHT 02/18/2030 | 500,000 | $144K | No change |
| APADR A Paradise Acquisition Corp. | RIGHT 07/29/2025 | 913,550 | $142K | New |
| PGACR Pantages Capital Acquis-RT | RIGHT 11/15/2029 | 700,000 | $140K | No change |
| BCARW D Boral Arc Acquisition - 30 | *W EXP 07/23/203 | 624,998 | $136K | New |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 495,238 | $135K | No change |
| TBMCR Trailblazer Merger Corp.-RTS | RIGHT 04/21/2028 | 538,763 | $135K | No change |
| LWACW Lightwave Acquisition Corp. | *W EXP 06/06/203 | 699,998 | $134K | No change |
| FACWW Cartesian Growth Corp. -30 | *W EXP 05/02/203 | 529,846 | $132K | Reduce -27.4% |
| PLMKW Plum Acquisition Corp. IV-30 | *W EXP 08/19/202 | 480,214 | $130K | Reduce -26.1% |
| GSHRW Gesher Acquisition Corp. I-30 | *W EXP 10/31/203 | 371,476 | $123K | Reduce -25.7% |
| MCGAW Yorkville Acquisition - 30 | *W EXP 06/06/203 | 101,289 | $121K | Reduce -24.0% |
| EVAC.WS Eqv Ventures Acquisition Cor | *W EXP 06/30/203 | 500,430 | $120K | New |
| NMPAR NMP Acquisition Corp. | RIGHT 06/27/2030 | 626,907 | $119K | New |
| CCIIW Cohen Circle Acq II -30 | *W EXP 07/01/203 | 124,997 | $119K | New |
| DTSQR DT Cloud Star Acquisition Co. | RIGHT 07/09/2029 | 589,854 | $118K | No change |
| ESHAR Esh Acquisition Corp. - Right | RIGHT 06/13/2028 | 523,991 | $117K | No change |
| GPATW GP-Act III Acq Class A -CW27 | *W EXP 05/13/202 | 463,173 | $116K | Reduce -6.3% |
| NOEMR CO2 Energy Transition Co.-RTS | RIGHT 10/15/2028 | 590,000 | $116K | No change |
| RDACR Rising Dragon Acquisition Co. | RIGHT 11/15/2028 | 491,982 | $115K | No change |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | 700,000 | $114K | No change |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | 500,000 | $109K | No change |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 100,000 | $104K | No change |
| PACHW Pioneer Acquisition I Corp. | *W EXP 06/16/203 | 492,303 | $103K | Reduce -23.9% |
| VNMEW Vendome Acquisition Corp. I | *W EXP 07/03/202 | 499,998 | $100K | New |
| PELIR Pelican Acquisition Corp.-RTS | RIGHT 05/02/2030 | 370,000 | $100K | No change |
| NOEMW CO2 Energy Transition -28 | *W EXP 08/17/202 | 590,000 | $100K | No change |
| PAII.WS Pyrophyte Acquisition Corp. I | *W EXP 07/30/203 | 283,499 | $99K | New |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 85,000 | $95K | Reduce -34.6% |
| OBAWW Oxley Bridge Acq Ltd. -30 | *W EXP 06/17/203 | 549,997 | $94K | No change |
| CCAQW Dune Acquisition Corp. II -30 | *W EXP 04/04/203 | 445,407 | $91K | Reduce -25.8% |
| PMTRW Perimeter Acquis Corp. I -30 | *W EXP 05/13/203 | 150,846 | $91K | New |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | 561,653 | $90K | Reduce -24.6% |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 95,000 | $89K | New |
| FVNNR Future Vision II Acquisi-RTS | RIGHT 06/29/2029 | 489,295 | $88K | No change |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 80,000 | $88K | No change |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | 416,493 | $87K | Reduce -23.2% |
| HSPTR Horizon Space Acquisition II | RIGHT 03/30/2026 | 550,000 | $83K | No change |
| YHNAR YHN Acquisition I Ltd. | RIGHT 08/15/2029 | 535,136 | $82K | No change |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 85,000 | $82K | No change |
| BLUWW Blue Water Acquisition-CW26 | *W EXP 05/23/203 | 576,552 | $81K | Reduce -23.1% |
| CAPNR Cayson Acquisition Corp. | RIGHT 99/99/9999 | 472,387 | $76K | No change |
| SPEGR Silver Pegasus Acquisition C | RIGHT 06/26/2030 | 298,857 | $75K | New |
| RFAIR RF Acquisition Corp. II | RIGHT 05/01/2026 | 741,123 | $74K | No change |
| ISLWF Israel Acquisitions Corp.-28 | *W EXP 99/99/999 | 397,864 | $73K | No change |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 75,000 | $69K | No change |
| CHPGR Championsgate Acquisition Co. | RIGHT 05/14/2030 | 485,000 | $68K | New |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 70,000 | $67K | New |
| COPL.WS Copley Acquisition Corp. -30 | *W EXP 99/99/999 | 311,596 | $63K | Reduce -24.9% |
| LCCCR Lakeshore Acquisition III Co. | RIGHT 08/01/2026 | 300,000 | $61K | New |
| IBACR Ib Acquisition Corp.-RTS | RIGHT 09/28/2026 | 741,594 | $59K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 148,621 | $59K | No change |
| TGE.WS Generation Essentials - 30 | *W EXP 02/15/202 | 436,909 | $57K | Reduce -5.0% |
| RIBBR Ribbon Acquisition Corp. | RIGHT 12/31/2026 | 250,000 | $55K | No change |
| COLAR Columbus Acquisition Corp. | RIGHT 99/99/9999 | 300,000 | $54K | No change |
| NAMMW Namib Minerals | *W EXP 06/05/203 | 372,663 | $52K | Reduce -11.8% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 50,000 | $49K | New |
| UYSCR Uy Scuti Acquisition Corp. | RIGHT 03/03/2030 | 175,000 | $47K | No change |
| ASPCR A Spac III Acquisition Corp. | RIGHT 01/02/2026 | 249,459 | $42K | No change |
| UCFIW Iron Horse Acquisition Co.-29 | *W EXP 09/30/203 | 396,760 | $40K | Reduce -11.8% |
| HSPRF Horizon Space Acquisition-RT | RIGHT 12/27/2024 | 246,133 | $39K | No change |
| FIGXW Figx Capital Acquisition Cor | *W EXP 06/17/203 | 154,789 | $37K | Add +1.2% |
| ORIQW Origin Investment Corp. I -30 | *W EXP 06/27/203 | 218,325 | $37K | New |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 46,390 | $37K | Reduce -6.1% |
| BOWNR Bowen Acquisition Corp.-RTS | RIGHT 99/99/9999 | 148,626 | $36K | No change |
| ALCWF Alchemy Investments Acqui-28 | *W EXP 11/30/202 | 201,748 | $26K | No change |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 25,000 | $25K | New |
| EURKR Eureka Acquisition Corp.-RTS | RIGHT 07/03/2026 | 99,076 | $24K | No change |
| OAKUR Oak Woods Acquisition Cor-RT | RIGHT 03/23/2028 | 95,000 | $24K | No change |
| SOCAW Solarius Capital Acqui -30 | *W EXP 07/10/203 | 113,370 | $22K | New |
| BSAAR Best Spac I Acquisition - RT | RIGHT 05/27/2030 | 150,000 | $21K | No change |
| WTGUR Wintergreen Acquisition-RT | RIGHT 99/99/9999 | 113,381 | $18K | No change |
Largest 200 of 214 shown.
Total filed on the 13F, all lines: $3.9B.
Portfolio Sells Q2 2025 → Q3 2025
| HES Hess Corp. | Sold out | 0.00% | −5.59 |
| CHX Championx Corp. | Sold out | 0.00% | −3.32 |
| AMED Amedisys Inc. | Sold out | 0.00% | −2.51 |
| SWTX Springworks Therapeutics Inc. | Sold out | 0.00% | −2.30 |
| ESGR Enstar Group Ltd. | Sold out | 0.00% | −2.19 |
| ANSS Ansys Inc. | Sold out | 0.00% | −2.02 |
| EVRI Everi Holdings Inc. | Sold out | 0.00% | −2.02 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −1.61 |
| DNB Dun & Bradstreet Holdings Inc. | Sold out | 0.00% | −1.42 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −1.35 |
| MAG Mag Silver Corp. | Sold out | 0.00% | −1.13 |
| FL Foot Locker Inc. | Sold out | 0.00% | −1.09 |
| TGI Triumph Group Inc. | Sold out | 0.00% | −0.97 |
| ARES ACQUISITION CORP II | Sold out | 0.00% | −0.79 |
| BROOKLINE BANCORP INC | Sold out | 0.00% | −0.73 |
| TVACU Texas Ventures Acquisition I | Sold out | 0.00% | −0.67 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.54 |
| RDUS Radius Recycling Inc. Class A | Sold out | 0.00% | −0.54 |
| ALE Allete Inc. | Reduce -10.2% | 3.23% | −0.39 |
| BPMC Blueprint Medicines Corp. | Sold out | 0.00% | −0.38 |
| FARO Faro Technologies Inc. | Sold out | 0.00% | −0.29 |
| DYNC Dynamix Corp. | Reduce -67.5% | 0.13% | −0.29 |
| NPAC New Providence Acquisition-A | Reduce -26.7% | 0.58% | −0.27 |
| STR Sitio Royalties Corp. Class A | Sold out | 0.00% | −0.26 |
| AMRZ Amrize Ltd. | Sold out | 0.00% | −0.24 |
| TACH Titan Acquisition Corp. Class A | Reduce -25.6% | 0.60% | −0.23 |
| CEPO Cantor Equity Partners I-A | Reduce -64.8% | 0.10% | −0.23 |
| SPTN Spartannash Co. | Sold out | 0.00% | −0.22 |
| PPBI Pacific Premier Bancorp Inc. | Sold out | 0.00% | −0.22 |
| CHAC Crane Harbor Acqu Corp. Class A | Reduce -26.1% | 0.53% | −0.21 |
| KCHV Kochav Defense Acquisition-A | Reduce -23.8% | 0.51% | −0.20 |
| ETWO E2OPEN Parent Holdings Inc. | Sold out | 0.00% | −0.19 |
| DAAQ Digital Asset Acquisiti Class A | Reduce -27.3% | 0.39% | −0.18 |
| TACO Berto Acquisition Corp. | Reduce -26.8% | 0.41% | −0.18 |
| BRR Columbus Circle Capital Co. Class A | Reduce -40.4% | 0.21% | −0.18 |
| IPCX Inflection Point Acquisiti-A | Reduce -24.8% | 0.37% | −0.17 |
| RAAQ Real Asset Acquisiti Class A | Reduce -26.8% | 0.39% | −0.17 |
| JAZZ Jazz Pharmaceuticals PLC | Reduce -58.9% | 0.15% | −0.16 |
| FORL Four Leaf Acquisition Cor-A | Sold out | 0.00% | −0.16 |
| PCAP Procap Acquisition Corp. Class A | Reduce -25.4% | 0.34% | −0.16 |
| OYSE Oyster Enterprises II Acq-A | Reduce -23.8% | 0.40% | −0.16 |
| CRAQ Cal Redwood Acquisit Class A | Reduce -24.0% | 0.37% | −0.15 |
| BLUW Blue Water Acquisition C-A | Reduce -23.1% | 0.41% | −0.15 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.15 |
| BKHA Black Hawk Acquisition Cor-A | Reduce -72.4% | 0.06% | −0.14 |
| EGHA Egh Acquisition Co. Class A | Reduce -26.6% | 0.32% | −0.14 |
| GMS GMS Inc. | Sold out | 0.00% | −0.14 |
| SAGE Sage Therapeutics Inc. | Sold out | 0.00% | −0.14 |
| PACH Pioneer Acquisition I Class A | Reduce -23.9% | 0.35% | −0.13 |
| AXIN Axiom Intelligence Class A | Reduce -23.9% | 0.32% | −0.13 |
Portfolio Buys Q2 2025 → Q3 2025
| SAND Sandstorm Gold Ltd. | New | 2.69% | +2.69 |
| AL Sumisho Air Lease Corp. | New | 2.27% | +2.27 |
| GTLS Chart Industries Inc. | Add +369.1% | 2.68% | +2.19 |
| CYBR Cyberark Software Ltd./Israel | New | 2.09% | +2.09 |
| NSC Norfolk Southern Corp. | New | 2.09% | +2.09 |
| VRNA Verona Pharma Ltd. | New | 1.94% | +1.94 |
| WNS WNS Holdings Ltd. | New | 1.80% | +1.80 |
| HBI Hanesbrands Inc. | New | 1.19% | +1.19 |
| VBTX Veritex Holdings Inc. | New | 0.97% | +0.97 |
| LBRDK Liberty Broadband-C | Add +209.5% | 1.93% | +0.92 |
| FYBR Frontier Communications Pare | Add +72.4% | 2.09% | +0.85 |
| SCS Steelcase Inc. Class A | New | 0.85% | +0.85 |
| INFA Informatica Inc. Class A | Add +336.0% | 1.09% | +0.83 |
| IPG Interpublic Group of Cos Inc. | Add +17.5% | 3.59% | +0.81 |
| DAY Dayforce Inc. | New | 0.77% | +0.77 |
| EA Electronic Arts Inc. | New | 0.72% | +0.72 |
| MRUS Merus NV | New | 0.68% | +0.68 |
| TRML Tourmaline Bio Inc. | New | 0.63% | +0.63 |
| VMEO Vimeo Inc. | New | 0.62% | +0.62 |
| STAA Staar Surgical Co. | New | 0.60% | +0.60 |
| AMWD American Woodmark Corp. | New | 0.56% | +0.56 |
| BCSS.U Bain Capital GSS Investment | New | 0.53% | +0.53 |
| EVAC Eqv Ventures Acquisition C-A | New | 0.53% | +0.53 |
| DMIIU Drugs Made in America Acquis | New | 0.53% | +0.53 |
| TVA Texas Ventures Acquisition-A | New | 0.50% | +0.50 |
| SVACU Spring Valley Acquisition Co. | New | 0.48% | +0.48 |
| GSRFU GSR IV Acquisition Corp. | New | 0.47% | +0.47 |
| HVMCU Highview Merger Corp. | New | 0.45% | +0.45 |
| BCAR D. Boral Arc Acquisit Class A | New | 0.44% | +0.44 |
| KOYNU CSLM Digital Asset Acquisiti | New | 0.43% | +0.43 |
| PNFP Pinnacle Financial Partners | New | 0.43% | +0.43 |
| TLNCU Talon Capital Corp. | New | 0.41% | +0.41 |
| XRPN Armada Acquisition Class A | New | 0.41% | +0.41 |
| MBVIU M3-Brigade Acquisition Vi Co. | New | 0.41% | +0.41 |
| TGNA Tegna Inc. | New | 0.41% | +0.41 |
| GTEN Gores Holdings X Inc. Class A | New | 0.40% | +0.40 |
| TECK Teck Resources Ltd.-CLS B | New | 0.40% | +0.40 |
| MRC MRC Global Inc. | Add +339.5% | 0.52% | +0.40 |
| BDCIU BTC Development Corp. | New | 0.40% | +0.40 |
| AEXA American Exceptionalism Class A | New | 0.39% | +0.39 |
| FAC Factorial Energy Inc. | New | 0.37% | +0.37 |
| PRO Pros Holdings Inc. | New | 0.37% | +0.37 |
| BLZRU Trailblazer Acquisition Corp. | New | 0.36% | +0.36 |
| IAS Integral Ad Science Holding | New | 0.36% | +0.36 |
| HOUS Anywhere Real Estate Inc. | New | 0.35% | +0.35 |
| VNME Vendome Acquisition Corp. Class A | New | 0.35% | +0.35 |
| MKLYU McKinley Acquisition Corp. | New | 0.34% | +0.34 |
| AHL Aspen Insurance Holdings Class A | New | 0.33% | +0.33 |
| ENHA Enhanced Group Inc. | New | 0.32% | +0.32 |
| LATAU Galata Acquisition Corp. II | New | 0.32% | +0.32 |
Options Activity Q2 2025 → Q3 2025
| MSTR Strategy Inc. | put | Sold out | 225,600 | $88.3Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Sold out | 52,745,000 | $146.9Mbefore exit |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | Sold out | 82,530,000 | $92.8Mbefore exit |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | Sold out | 32,425,000 | $82.7Mbefore exit |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Sold out | 53,150,000 | $81.8Mbefore exit |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Add +39.1% | 77,184,000 | $70.4M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Sold out | 34,440,000 | $62.0Mbefore exit |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Sold out | 41,805,000 | $59.8Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Add +131.2% | 60,830,000 | $57.2M |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | Reduce -27.0% | 32,387,000 | $52.5M |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | Reduce -23.1% | 54,884,000 | $50.7M |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | Add +220.3% | 47,745,000 | $42.4M |
| WISDOMTREE INC (WT 3.25 08/15/29) | NOTE 3.250% 8/1 · principal | New | 31,525,000 | $41.4M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Add +82.8% | 42,640,000 | $39.4M |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | Sold out | 6,000,000 | $37.9Mbefore exit |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | Add +42.5% | 31,595,000 | $34.9M |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | Sold out | 38,500,000 | $34.6Mbefore exit |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Reduce -42.2% | 36,647,000 | $33.0M |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Reduce -18.7% | 30,475,000 | $31.7M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | New | 17,000,000 | $31.3M |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | New | 28,800,000 | $31.0M |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | New | 19,092,000 | $29.9M |
| GROUPON INC (GRPN 4.875 06/30/30 UNRS) | NOTE 4.875% 6/3 · principal | New | 29,500,000 | $27.2M |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | Reduce -28.4% | 25,682,000 | $26.7M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | New | 500,000 | $26.2M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Add +10000.0% | 25,250,000 | $25.7M |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | New | 27,375,000 | $23.5M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | New | 20,075,000 | $21.6M |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | Reduce -18.9% | 21,286,000 | $20.9M |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | Sold out | 23,944,000 | $20.8Mbefore exit |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Add +15509.5% | 16,390,000 | $20.6M |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | Sold out | 19,175,000 | $20.5Mbefore exit |
| PENGUIN SOLUTIONS CAYMEN (PENG 2 08/15/30) | NOTE 2.000% 8/1 · principal | New | 17,071,000 | $20.4M |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | New | 18,797,000 | $20.2M |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | New | 20,975,000 | $20.2M |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | Sold out | 20,275,000 | $19.9Mbefore exit |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Reduce -20.2% | 19,055,000 | $19.7M |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | Reduce -4.4% | 21,609,000 | $19.7M |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | New | 18,650,000 | $18.4M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Reduce -33.0% | 17,725,000 | $18.1M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +25.0% | 255,250 | $17.7M |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | Reduce -5.1% | 18,765,000 | $17.7M |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | New | 15,040,000 | $15.5M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Sold out | 8,490,000 | $15.3Mbefore exit |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Sold out | 21,000,000 | $15.2Mbefore exit |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | Sold out | 10,010,000 | $14.1Mbefore exit |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | Sold out | 10,000,000 | $14.0Mbefore exit |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | Reduce -73.9% | 14,125,000 | $13.4M |
| PARSONS CORP (PSN 0.25 08/15/25) | NOTE 0.250% 8/1 · principal | Sold out | 6,600,000 | $10.5Mbefore exit |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | New | 251,600 | $9.6M |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | New | 101,000 | $9.5M |
Showing the first 50 of 169.
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 |