BlueCrest Capital Management Ltd
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), BlueCrest Capital Management Ltd reported 152 stock positions worth $728.7 million. Its top holding was Wix.com (WIX) at 7.2% of the portfolio, followed by Criteo SA-Spon (CRTO, 5.6%) and Bank of America (BAC, 4.2%). Compared with Q4 2025, it opened 94 new positions, sold out of 56, added to 7 and reduced 20. The biggest buy was a new position in Wix.com (WIX) and the biggest sale an exit from iShares Core S&P 500 ETF (IVV).
- Most Recent 13F
- Q2 2026
- Location
- ST HELIER, Y9
- CIK
- 0001610880
- Portfolio Value
- $728.7M (Q1 2026)
- SEC Filing
- 0001610880-26-000011 ↗ filed May 15, 2026
Holdings Value
Holdings 152 stocks · $728.7M
| WIX Wix.com Ltd. | 7.23% | 585,000 | $52.7M | New |
| CRTO Criteo SA-Spon | 5.56% | 2,260,000 | $40.5M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 4.22% | 630,179 | $30.7M | Reduce -39.9% |
| PFSI Pennymac Financial Services | 4.21% | 351,095 | $30.7M | New |
| C Citigroup Inc. | 4.20% | 269,604 | $30.6M | Reduce -47.4% |
| WFC Wells Fargo & Co. | 4.17% | 382,096 | $30.4M | Reduce -40.8% |
| MDLN Medline Inc. Class A | 3.35% | 549,000 | $24.4M | New |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 2.51% | 230,035 | $18.3M | Reduce -30.9% |
| PCG P G & E Corp. | 2.20% | 911,677 | $16.0M | Reduce -69.6% |
| JPM JPMorgan Chase & Co. | 2.11% | 52,192 | $15.4M | Reduce -34.0% |
| LASR Nlight Inc. | 2.00% | 255,000 | $14.5M | New |
| RITM Rithm Capital Corp. | 1.93% | 1,484,608 | $14.1M | No change |
| LUNR Intuitive Machines Inc. | 1.68% | 661,375 | $12.3M | New |
| TSM Taiwan Semiconductor-SP ADR | 1.66% | 35,824 | $12.1M | Add +432.0% |
| ACAAU Averin Capital Acquisition C | 1.58% | 1,150,000 | $11.5M | New |
| KRAQU Krakacquisition Corp. | 1.44% | 1,050,000 | $10.5M | New |
| FCRS.U Futurecrest Acquisition Corp. | 1.40% | 1,000,000 | $10.2M | No change |
| FVAV Fortress Value Acquis V Class A | 1.38% | 1,000,000 | $10.0M | New |
| AEXA American Exceptionalism Class A | 1.31% | 881,386 | $9.5M | Reduce -1.1% |
| IEAGU Infinite Eagle Acquisition C | 1.30% | 929,633 | $9.4M | New |
| ALUB Alussa Energy Acquisit II-A | 1.13% | 825,000 | $8.2M | New |
| CLBR.U Colombier Acqstn Corp. III | 1.12% | 800,000 | $8.1M | New |
| OIMAU Oneim Acquisition Corp. | 1.11% | 800,000 | $8.1M | New |
| EVAC Eqv Ventures Acquisition C-A | 1.04% | 750,000 | $7.6M | New |
| NTST Netstreit Corp. | 0.90% | 350,000 | $6.6M | New |
| ITHA Ithax Acquisition Corp. Class A | 0.88% | 650,000 | $6.4M | New |
| EPRT Essential Properties Realty | 0.83% | 200,000 | $6.1M | New |
| SORNU Soren Acquisition Corp. | 0.82% | 600,000 | $6.0M | New |
| GDX Vaneck Gold Miners ETF | 0.77% | 61,158 | $5.6M | Reduce -85.5% |
| NWAX.U New America Acquisition I Co. | 0.71% | 500,000 | $5.2M | New |
| CCXIU Churchill Capital Corp. Xi | 0.70% | 500,000 | $5.1M | No change |
| KBONU Karbon Capital Partners Corp. | 0.70% | 500,000 | $5.1M | No change |
| PICK iShares MSCI Global Metals & | 0.70% | 90,000 | $5.1M | New |
| MEVOU M Evo Global Acquisition Cor filed as M EVO GBL ACQUISITION CORP I | 0.69% | 500,000 | $5.0M | New |
| LKSP Lake Superior Acquisiti Class A | 0.69% | 500,000 | $5.0M | New |
| SVAQU Silicon Valley Acquisition C | 0.69% | 500,000 | $5.0M | No change |
| DMII Drugs Made in America Acquis | 0.68% | 500,000 | $5.0M | New |
| ADACU American Drive Acquisition C | 0.68% | 500,000 | $5.0M | No change |
| AEAQ Activate Energy Acquisitio-A | 0.68% | 500,000 | $4.9M | New |
| BCSS.U Bain Capital GSS Investment | 0.63% | 450,000 | $4.6M | No change |
| PAYP Paypay Corp. | 0.59% | 200,000 | $4.3M | New |
| RTAC Renatus Tactical Acquisiti-A | 0.57% | 403,226 | $4.1M | No change |
| MMED Minimed Group Inc. | 0.56% | 275,000 | $4.1M | New |
| SAAQU Space Asset Acquisition Corp. | 0.56% | 400,000 | $4.1M | New |
| MKSI MKS Inc. | 0.56% | 17,623 | $4.0M | Add +12.7% |
| YCY Aa Mission Acquisition-A | 0.55% | 400,000 | $4.0M | New |
| RNGT Range Capital Acquisit Class A | 0.55% | 400,000 | $4.0M | New |
| EWY iShares MSCI South Korea ETF | 0.55% | 32,500 | $4.0M | Reduce -23.4% |
| TWLV Twelve Seas Investment Co. Class A | 0.54% | 400,000 | $4.0M | New |
| BEBE.U Tge Value Creative Solutions | 0.53% | 388,500 | $3.9M | Add +62.9% |
| KWEB Kranesh Csi China Internet | 0.51% | 130,000 | $3.7M | Reduce -80.4% |
| HCMA HCM III Acquisition Cor Class A | 0.49% | 350,000 | $3.5M | New |
| HACQU HCM IV Acquisition Corp. | 0.48% | 350,000 | $3.5M | New |
| MBVI M3-Brigade Acquisition Class A | 0.47% | 337,000 | $3.4M | New |
| GPAC General Purpose Acquisit-A | 0.46% | 335,000 | $3.3M | New |
| PICS Pics NV | 0.44% | 310,000 | $3.2M | New |
| SVAQ Silicon Valley Acquisit Class A | 0.41% | 300,000 | $3.0M | New |
| FLY Firefly Aerospace Inc. | 0.41% | 103,698 | $3.0M | Reduce -78.3% |
| BOBS Bob's Discount Furniture | 0.40% | 250,000 | $2.9M | New |
| FIGR Figure Technology Solut Class A | 0.40% | 85,987 | $2.9M | New |
| SNDA Sonida Senior Living Inc. | 0.40% | 89,909 | $2.9M | New |
| SMH Vaneck Semiconductor ETF | 0.39% | 7,500 | $2.9M | New |
| TMTSU Spartacus Acqu Corp. II | 0.38% | 275,000 | $2.8M | New |
| ARCIU Archimedes Tech Spac Partner | 0.38% | 275,000 | $2.8M | New |
| EZA iShares MSCI South Africa Et | 0.37% | 40,000 | $2.7M | New |
| GDXJ Vaneck Junior Gold Miners | 0.37% | 22,585 | $2.7M | Reduce -83.3% |
| IGAC Invest Green Acquisitio Class A | 0.37% | 270,000 | $2.7M | New |
| JENA Jena Acquisition Corp. II - A | 0.35% | 250,000 | $2.6M | New |
| TLNC Talon Capital Corp. Class A | 0.35% | 248,000 | $2.5M | New |
| MMTXU Miluna Acquisition Corp. | 0.35% | 250,000 | $2.5M | No change |
| FIGX Figx Capital Acquisition C-A | 0.35% | 250,000 | $2.5M | New |
| HAVAU Harvard Ave Acquisition Corp. | 0.35% | 250,000 | $2.5M | No change |
| DMIIU Drugs Made in America Acquis | 0.34% | 250,000 | $2.5M | No change |
| SO The Southern Co. | 0.34% | 25,962 | $2.5M | New |
| HAVA Harvard Ave Acquisition Class A | 0.34% | 250,000 | $2.5M | No change |
| IBIT iShares Bitcoin Trust ETF | 0.34% | 65,000 | $2.5M | New |
| EVOX Evolution Global Acquis Class A | 0.34% | 250,000 | $2.5M | New |
| PVLA Palvella Therapeutics Inc. | 0.34% | 20,000 | $2.5M | New |
| ALOVU Aldabra 4 Liquidity Opportun | 0.34% | 250,000 | $2.5M | New |
| GIW GIGCAPITAL8 Corp. Class A | 0.34% | 250,000 | $2.5M | New |
| HCAC Hall Chadwick Acquisition-A | 0.34% | 250,000 | $2.5M | New |
| ECH iShares MSCI Chile ETF | 0.33% | 60,000 | $2.4M | Reduce -14.3% |
| SVIVU Spring Valley Acquisition Co. | 0.31% | 225,000 | $2.3M | New |
| NIQ Niq Global Intelligence PLC | 0.31% | 200,000 | $2.3M | New |
| PAII Pyrophyte Acquisition Corp. Class A | 0.31% | 223,000 | $2.3M | New |
| HON Honeywell International Inc. | 0.31% | 10,000 | $2.3M | New |
| DSACU Daedalus Special Acquisition | 0.31% | 225,000 | $2.3M | No change |
| AEAQU Activate Energy Acquisition | 0.30% | 220,000 | $2.2M | No change |
| ITA iShares U.S. Aerospace & Def | 0.30% | 9,867 | $2.2M | New |
| CLMT Calumet Inc. | 0.30% | 60,000 | $2.2M | Add +50.0% |
| ETHA iShares Ethereum Trust ETF | 0.29% | 135,000 | $2.1M | New |
| EWJ iShares MSCI Japan ETF | 0.29% | 25,000 | $2.1M | New |
| FAC Factorial Energy Inc. filed as CARTESIAN GROWTH CORP III | 0.28% | 200,000 | $2.0M | New |
| EWZ iShares MSCI Brazil ETF | 0.28% | 53,006 | $2.0M | Add +51.5% |
| LEU Centrus Energy Corp. Class A | 0.28% | 11,700 | $2.0M | New |
| OTGA Otg Acquisition Corp. I Class A | 0.28% | 200,000 | $2.0M | New |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 0.28% | 43,500 | $2.0M | No change |
| BLZR Trailblazer Acquisition Class A | 0.28% | 200,000 | $2.0M | New |
| BIDU Baidu Inc. - Spon ADR | 0.26% | 16,800 | $1.9M | Reduce -59.8% |
| CBC Central Bancompany | 0.25% | 75,540 | $1.8M | Reduce -39.8% |
Options reported separately and not counted above: SMH calls ($92.0M), BKLN puts ($50.0M), XLF puts ($49.4M), KWEB calls ($39.4M), GDX calls ($36.7M), TSM puts ($33.8M), BABA calls ($31.4M), QQQ calls ($28.9M), ECH calls ($28.8M), SPY puts ($27.8M), HYG puts ($27.3M), IWM puts ($27.3M), and 35 more.
Other holdings (32): bonds, preferreds, convertibles and warrants · $335.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 14,693,000 | $52.5M | Add +75.4% |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | 31,600,000 | $44.7M | Add +802.9% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 25,000,000 | $32.3M | Add +8.7% |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | 455,666 | $20.5M | New |
| NEXTERA ENERGY INC (NEE 7.375 02/15/29) | UNIT 02/15/2029 | 384,932 | $19.3M | New |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 101,893 | $14.5M | Add +897.7% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 225,953 | $12.9M | New |
| PPL CORPORATION (PPL 7 02/15/29) | UNIT 02/15/2029 | 227,626 | $11.7M | New |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 162,378 | $11.7M | Add +13.4% |
| WHIRLPOOL CORP (WHR 8.5 02/15/29 A) | 8.5 DEP SR A CNV | 272,015 | $11.1M | New |
| NOVANTA INC (NOVT 6.5 11/01/28) | UNIT 11/01/2028 | 179,061 | $9.6M | Reduce -7.2% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 6,500,000 | $9.0M | Reduce -40.9% |
| GREEN PLAINS INC (GPRE 5.25 11/01/30 UNRS) | NOTE 5.250%11/0 · principal | 5,500,000 | $7.7M | No change |
| LEMAITRE VASCULAR INC (LMAT 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | 6,500,000 | $7.3M | Add +8.3% |
| CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30) | NOTE 2.000% 3/1 · principal | 7,100,000 | $7.2M | New |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | 23,844 | $6.7M | Add +33.7% |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | 6,820,000 | $6.6M | Reduce -52.4% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 116,983 | $6.5M | Add +501.4% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 97,692 | $6.3M | Reduce -54.8% |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 108,532 | $6.0M | Add +93.8% |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 98,161 | $5.3M | Reduce -7.1% |
| JOBY AVIATION INC (JOBY 0.75 02/15/32) | NOTE 0.750% 2/1 · principal | 6,100,000 | $5.2M | New |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 58,803 | $3.8M | New |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 75,290 | $3.2M | Add +912.6% |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 59,092 | $3.1M | New |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 52,739 | $3.1M | Reduce -48.8% |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 1,800,000 | $2.5M | No change |
| EVOLENT HEALTH INC | DEBT 4.500% 8/1 · principal | 3,969,000 | $2.0M | Reduce -20.1% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 34,221 | $1.4M | New |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 32,261 | $1.2M | Reduce -36.7% |
| VSE CORP (VSEC 5.75 02/01/29) | UNIT 02/01/2029 | 12,527 | $630K | New |
| BKSYW Blacksky Technology -CW24 | *W EXP 09/09/202 | 175,000 | $8K | New |
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q4 2025 → Q1 2026
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −64.38 |
| VST Vistra Corp. | Sold out | 0.00% | −4.35 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.99 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.89 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.86 |
| GDX Vaneck Gold Miners ETF | Reduce -85.5% | 0.77% | −0.76 |
| CPNG Coupang Inc. | Sold out | 0.00% | −0.61 |
| BA The Boeing Co. | Sold out | 0.00% | −0.55 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −0.46 |
| AXTI Axt Inc. | Sold out | 0.00% | −0.45 |
| KWEB Kranesh Csi China Internet | Reduce -80.4% | 0.51% | −0.45 |
| INDA iShares MSCI India ETF | Sold out | 0.00% | −0.34 |
| USHY iShares Broad Usd High Yield | Sold out | 0.00% | −0.34 |
| GDXJ Vaneck Junior Gold Miners | Reduce -83.3% | 0.37% | −0.28 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.27 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.24 |
| GOOGL Alphabet Inc. Class A | Reduce -90.5% | 0.08% | −0.21 |
| TAC Transalta Corp. | Sold out | 0.00% | −0.21 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.15 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.14 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.13 |
| CHKP Check Point Software Tech | Sold out | 0.00% | −0.12 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.10 |
| TLN Talen Energy Corp. | Sold out | 0.00% | −0.09 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.08 |
| MDU Mdu Resources Group Inc. | Sold out | 0.00% | −0.08 |
| CEG Constellation Energy | Sold out | 0.00% | −0.08 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.08 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.07 |
| ECHO Echostar Corp. Class A | Sold out | 0.00% | −0.06 |
| BETA Beta Technologies Inc. Class A | Sold out | 0.00% | −0.06 |
| CLS Celestica Inc. | Sold out | 0.00% | −0.06 |
| EIS iShares MSCI Israel ETF | Sold out | 0.00% | −0.06 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.05 |
| FLY Firefly Aerospace Inc. | Reduce -78.3% | 0.41% | −0.05 |
| GDS GDS Holdings Ltd. - ADR | Sold out | 0.00% | −0.05 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.05 |
| VNET Vnet Group Inc.-ADR | Sold out | 0.00% | −0.04 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.04 |
| XZO Exzeo Group Inc. | Sold out | 0.00% | −0.04 |
| CIEN Ciena Corp. | Sold out | 0.00% | −0.04 |
| IWD iShares Russell 1000 Value E | Sold out | 0.00% | −0.04 |
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −0.04 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.04 |
| OPAL Opal Fuels Inc. Class A | Sold out | 0.00% | −0.04 |
| DAAQ Digital Asset Acquisiti Class A | Sold out | 0.00% | −0.03 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.03 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.03 |
| CRDO Credo Technology Group Holdi | Sold out | 0.00% | −0.03 |
| NE Noble Corp. PLC | Sold out | 0.00% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| WIX Wix.com Ltd. | New | 7.23% | +7.23 |
| PFSI Pennymac Financial Services | New | 4.21% | +4.21 |
| MDLN Medline Inc. Class A | New | 3.35% | +3.35 |
| LASR Nlight Inc. | New | 2.00% | +2.00 |
| LUNR Intuitive Machines Inc. | New | 1.68% | +1.68 |
| ACAAU Averin Capital Acquisition C | New | 1.58% | +1.58 |
| TSM Taiwan Semiconductor-SP ADR | Add +432.0% | 1.66% | +1.57 |
| KRAQU Krakacquisition Corp. | New | 1.44% | +1.44 |
| FVAV Fortress Value Acquis V Class A | New | 1.38% | +1.38 |
| IEAGU Infinite Eagle Acquisition C | New | 1.30% | +1.30 |
| ALUB Alussa Energy Acquisit II-A | New | 1.13% | +1.13 |
| CLBR.U Colombier Acqstn Corp. III | New | 1.12% | +1.12 |
| OIMAU Oneim Acquisition Corp. | New | 1.11% | +1.11 |
| EVAC Eqv Ventures Acquisition C-A | New | 1.04% | +1.04 |
| NTST Netstreit Corp. | New | 0.90% | +0.90 |
| ITHA Ithax Acquisition Corp. Class A | New | 0.88% | +0.88 |
| EPRT Essential Properties Realty | New | 0.83% | +0.83 |
| SORNU Soren Acquisition Corp. | New | 0.82% | +0.82 |
| NWAX.U New America Acquisition I Co. | New | 0.71% | +0.71 |
| PICK iShares MSCI Global Metals & | New | 0.70% | +0.70 |
| MEVOU M Evo Global Acquisition Cor | New | 0.69% | +0.69 |
| LKSP Lake Superior Acquisiti Class A | New | 0.69% | +0.69 |
| DMII Drugs Made in America Acquis | New | 0.68% | +0.68 |
| AEAQ Activate Energy Acquisitio-A | New | 0.68% | +0.68 |
| PAYP Paypay Corp. | New | 0.59% | +0.59 |
| MMED Minimed Group Inc. | New | 0.56% | +0.56 |
| SAAQU Space Asset Acquisition Corp. | New | 0.56% | +0.56 |
| YCY Aa Mission Acquisition-A | New | 0.55% | +0.55 |
| RNGT Range Capital Acquisit Class A | New | 0.55% | +0.55 |
| TWLV Twelve Seas Investment Co. Class A | New | 0.54% | +0.54 |
| HCMA HCM III Acquisition Cor Class A | New | 0.49% | +0.49 |
| HACQU HCM IV Acquisition Corp. | New | 0.48% | +0.48 |
| MBVI M3-Brigade Acquisition Class A | New | 0.47% | +0.47 |
| GPAC General Purpose Acquisit-A | New | 0.46% | +0.46 |
| MKSI MKS Inc. | Add +12.7% | 0.56% | +0.45 |
| PICS Pics NV | New | 0.44% | +0.44 |
| BEBE.U Tge Value Creative Solutions | Add +62.9% | 0.53% | +0.43 |
| SVAQ Silicon Valley Acquisit Class A | New | 0.41% | +0.41 |
| BOBS Bob's Discount Furniture | New | 0.40% | +0.40 |
| FIGR Figure Technology Solut Class A | New | 0.40% | +0.40 |
| SNDA Sonida Senior Living Inc. | New | 0.40% | +0.40 |
| SMH Vaneck Semiconductor ETF | New | 0.39% | +0.39 |
| TMTSU Spartacus Acqu Corp. II | New | 0.38% | +0.38 |
| ARCIU Archimedes Tech Spac Partner | New | 0.38% | +0.38 |
| EZA iShares MSCI South Africa Et | New | 0.37% | +0.37 |
| IGAC Invest Green Acquisitio Class A | New | 0.37% | +0.37 |
| JENA Jena Acquisition Corp. II - A | New | 0.35% | +0.35 |
| TLNC Talon Capital Corp. Class A | New | 0.35% | +0.35 |
| FIGX Figx Capital Acquisition C-A | New | 0.35% | +0.35 |
| SO The Southern Co. | New | 0.34% | +0.34 |
Options Activity Q4 2025 → Q1 2026
| GLD SPDR Gold Shares | put | Sold out | 590,000 | $233.8Mbefore exit |
| SMH Vaneck Semiconductor ETF | call | New | 240,000 | $92.0M |
| BKLN Invesco Senior Loan ETF | put | New | 2,450,000 | $50.0M |
| XLF SS Financial Select Sector | put | Reduce -16.7% | 1,000,000 | $49.4M |
| KWEB Kranesh Csi China Internet | call | Add +54.0% | 1,386,000 | $39.4M |
| GDX Vaneck Gold Miners ETF | call | New | 400,000 | $36.7M |
| TSM Taiwan Semiconductor-SP ADR | put | New | 100,000 | $33.8M |
| PCG P G & E Corp. | put | Sold out | 2,000,000 | $32.1Mbefore exit |
| BABA Alibaba Group Holding-SP ADR | call | New | 250,000 | $31.4M |
| QQQ Invesco QQQ Trust Series 1 | call | New | 50,000 | $28.9M |
| ECH iShares MSCI Chile ETF | call | New | 725,000 | $28.8M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +272.2% | 42,800 | $27.8M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Add +14.4% | 343,200 | $27.3M |
| IWM iShares Russell 2000 ETF | put | Add +168.3% | 110,000 | $27.3M |
| CAT Caterpillar Inc. | put | Sold out | 40,500 | $23.2Mbefore exit |
| EWZ iShares MSCI Brazil ETF | call | Reduce -38.8% | 597,000 | $22.9M |
| INDA iShares MSCI India ETF | call | Sold out | 400,000 | $21.6Mbefore exit |
| EEM iShares MSCI Emerging Market | call | New | 360,000 | $20.4M |
| UAL United Airlines Holdings Inc. | call | New | 200,000 | $18.4M |
| WIX Wix.com Ltd. | put | New | 200,000 | $18.0M |
| QQQ Invesco QQQ Trust Series 1 | put | New | 29,000 | $16.7M |
| XLU St Sr Utl SL SE SPDR ETF-Usd | call | New | 357,000 | $16.4M |
| KRE SS SPDR S&P Regional Bank | put | New | 150,000 | $9.8M |
| GGAL Grupo Financiero Galicia-ADR | call | Sold out | 165,300 | $8.9Mbefore exit |
| GEV GE Vernova Inc. | put | Sold out | 10,000 | $6.5Mbefore exit |
| AFRM Affirm Holdings Inc. | call | Sold out | 67,100 | $5.0Mbefore exit |
| INTC Intel Corp. | call | New | 110,000 | $4.9M |
| UNG US Natural Gas Fund LP | call | New | 375,000 | $4.4M |
| ON On Semiconductor | call | New | 70,000 | $4.3M |
| ECHO Echostar Corp. Class A | put | New | 36,000 | $4.2M |
| TLT iShares 20+ Year Treasury BD | call | Add +50.0% | 30,000 | $2.6M |
| NOK Nokia Corp.-Spon ADR | call | New | 290,000 | $2.3M |
| IBIT iShares Bitcoin Trust ETF | put | Reduce -91.3% | 40,000 | $1.5M |
| EWY iShares MSCI South Korea ETF | put | New | 10,000 | $1.2M |
| CMCSA Comcast Corp. Class A | call | Sold out | 40,000 | $1.2Mbefore exit |
| F Ford Motor Co. | put | New | 100,000 | $1.2M |
| CNC Centene Corp. | call | Sold out | 20,000 | $823Kbefore exit |
| EL Estee Lauder Companies Class A | call | New | 10,000 | $718K |
| XHB SS SPDR S&P Homebldrs ETF | call | Sold out | 6,800 | $700Kbefore exit |
| IREN Iren Ltd. | put | Reduce -13.0% | 20,000 | $686K |
| YELP Yelp Inc. | put | New | 22,500 | $557K |
| KHC The Kraft Heinz Co. | call | Sold out | 20,000 | $485Kbefore exit |
| GLD SPDR Gold Shares | call | Reduce -99.8% | 1,000 | $430K |
| ASAN Asana Inc. Class A | put | New | 65,000 | $416K |
| ASTS Ast Spacemobile Inc. | put | New | 5,000 | $414K |
| CLSK Cleanspark Inc. | put | Add +45.0% | 43,500 | $370K |
| FF Futurefuel Corp. | call | New | 90,200 | $347K |
| EA Electronic Arts Inc. | put | New | 1,500 | $306K |
| PATH Uipath Inc. Class A | put | New | 27,500 | $305K |
| FIVN FIVE9 Inc. | put | New | 17,500 | $265K |
Showing the first 50 of 59.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Add +75.4% | 14,693,000 | $52.5M |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | Add +802.9% | 31,600,000 | $44.7M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Add +8.7% | 25,000,000 | $32.3M |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | New | 455,666 | $20.5M |
| NEXTERA ENERGY INC (NEE 7.375 02/15/29) | UNIT 02/15/2029 | New | 384,932 | $19.3M |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | Add +897.7% | 101,893 | $14.5M |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | New | 225,953 | $12.9M |
| PPL CORPORATION (PPL 7 02/15/29) | UNIT 02/15/2029 | New | 227,626 | $11.7M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Add +13.4% | 162,378 | $11.7M |
| WHIRLPOOL CORP (WHR 8.5 02/15/29 A) | 8.5 DEP SR A CNV | New | 272,015 | $11.1M |
| NOVANTA INC (NOVT 6.5 11/01/28) | UNIT 11/01/2028 | Reduce -7.2% | 179,061 | $9.6M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Reduce -40.9% | 6,500,000 | $9.0M |
| UPSTART HOLDINGS INC (UPST 1 11/15/30) | NOTE 1.000%11/1 · principal | Sold out | 10,000,000 | $8.8Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Sold out | 8,270,000 | $8.3Mbefore exit |
| LEMAITRE VASCULAR INC (LMAT 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | Add +8.3% | 6,500,000 | $7.3M |
| CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30) | NOTE 2.000% 3/1 · principal | New | 7,100,000 | $7.2M |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | Add +33.7% | 23,844 | $6.7M |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | Reduce -52.4% | 6,820,000 | $6.6M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Add +501.4% | 116,983 | $6.5M |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Reduce -54.8% | 97,692 | $6.3M |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | Add +93.8% | 108,532 | $6.0M |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | Reduce -7.1% | 98,161 | $5.3M |
| JOBY AVIATION INC (JOBY 0.75 02/15/32) | NOTE 0.750% 2/1 · principal | New | 6,100,000 | $5.2M |
| T1 ENERGY INC (TE 5.25 12/01/30) | NOTE 5.250%12/0 · principal | Sold out | 3,750,000 | $4.8Mbefore exit |
| SOUTHERN CO (SO 7.125 12/15/28 A) | UNIT 12/15/2028 | Sold out | 78,186 | $3.9Mbefore exit |
| WISDOMTREE INC (WT 3.25 08/15/29) | NOTE 3.250% 8/1 · principal | Sold out | 3,196,000 | $3.9Mbefore exit |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | New | 58,803 | $3.8M |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | Sold out | 3,920,000 | $3.8Mbefore exit |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | Add +912.6% | 75,290 | $3.2M |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Sold out | 3,256,000 | $3.2Mbefore exit |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | New | 59,092 | $3.1M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -48.8% | 52,739 | $3.1M |
| EVOLENT HEALTH INC | DEBT 4.500% 8/1 · principal | Reduce -20.1% | 3,969,000 | $2.0M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | New | 34,221 | $1.4M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Reduce -36.7% | 32,261 | $1.2M |
| VSE CORP (VSEC 5.75 02/01/29) | UNIT 02/01/2029 | New | 12,527 | $630K |
| WOLFSPEED INC (WOLF 2.5 06/15/31) | NOTE 2.500% 6/1 · principal | Sold out | 88,000 | $130Kbefore exit |
| BKSYW Blacksky Technology -CW24 | *W EXP 09/09/202 | New | 175,000 | $8K |
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 | 213 | $2.1B | RSP, SPCX, SPYM, SMH, AMZN |
| Q1 2026 | 152 | $728.7M | WIX, CRTO, BAC, PFSI, C |
| Q4 2025 | 114 | $2.4B | IVV, VST, WFC, C, BAC |
| Q3 2025Amended | 95 | $1.4B | OEF, NVDA, PCG, KWEB, MSFT |
| Q2 2025 | 55 | $714.2M | IBIT, HYG, NVDA, CRTO, UNH |
| Q1 2025 | 31 | $491.6M | ASHR, CRTO, SPY, TSM, GLD |
| Q4 2024 | 40 | $1.6B | IVV, ASHR, XBI, CRTO, IBIT |
| Q3 2024 | 33 | $200.4M | CRTO, LQD, RITM, KWEB, MDY |
| Q2 2024 | 50 | $356.9M | CRTO, GDXJ, MSFT, HYG, GLD |
| Q1 2024 | 60 | $199.1M | CRTO, RITM, EMB, SPY, XLF |