Calamos Advisors LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Calamos Advisors LLC reported 586 stock positions worth $16.0 billion. Its top holding was Nvidia (NVDA) at 7.5% of the portfolio, followed by Microsoft (MSFT, 7.0%) and Apple (AAPL, 5.3%). Compared with Q1 2025, it opened 75 new positions, sold out of 64, added to 182 and reduced 130. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- NAPERVILLE, IL
- CIK
- 0001316507
- Portfolio Value
- $16.0B (Q2 2025)
- SEC Filing
- 0001085146-25-004696 ↗ filed Aug 8, 2025
Holdings Value
Holdings 586 stocks · $16.0B
| NVDA Nvidia Corp. | 7.50% | 7,577,630 | $1.2B | Add +0.2% |
| MSFT Microsoft Corp. | 6.96% | 2,231,636 | $1.1B | Reduce -3.0% |
| AAPL Apple Inc. | 5.29% | 4,115,653 | $844.4M | Reduce -3.6% |
| AMZN Amazon.com Inc. | 4.51% | 3,282,855 | $720.2M | Add +0.0% |
| META Meta Platforms Inc. Class A | 3.14% | 678,161 | $500.5M | Reduce -0.8% |
| GOOGL Alphabet Inc. Class A | 2.61% | 2,359,211 | $415.8M | Reduce -6.5% |
| AVGO Broadcom Inc. | 2.41% | 1,394,151 | $384.3M | Reduce -2.4% |
| V Visa Inc. Class A | 1.61% | 724,144 | $257.1M | Add +1.5% |
| TSLA Tesla Inc. | 1.55% | 776,307 | $246.6M | Reduce -2.9% |
| NFLX Netflix Inc. | 1.48% | 176,689 | $236.6M | Add +0.1% |
| LLY Eli Lilly & Co. | 1.36% | 278,568 | $217.2M | Add +2.0% |
| JPM JPMorgan Chase & Co. | 1.36% | 747,053 | $216.6M | Reduce -0.6% |
| GOOG Alphabet Inc. Class C | 1.07% | 961,458 | $170.6M | No change |
| WMT Walmart Inc. | 1.07% | 1,741,283 | $170.3M | Reduce -1.2% |
| ORCL Oracle Corp. | 0.97% | 705,760 | $154.3M | Reduce -0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.96% | 314,495 | $152.8M | Add +8.9% |
| WFC Wells Fargo & Co. | 0.91% | 1,813,826 | $145.3M | Reduce -2.3% |
| MA Mastercard Inc. Class A | 0.87% | 246,403 | $138.5M | Reduce -9.7% |
| XOM Exxon Mobil Corp. | 0.85% | 1,263,658 | $136.2M | Add +1.9% |
| NOW ServiceNow Inc. | 0.82% | 127,868 | $131.5M | Add +12.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.78% | 2,638,092 | $124.8M | Reduce -0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.77% | 200,126 | $123.6M | Reduce -71.7% |
| LIN Linde PLC | 0.70% | 236,655 | $111.0M | Add +0.6% |
| GS Goldman Sachs Group Inc. | 0.69% | 155,063 | $109.7M | Add +0.4% |
| BSX Boston Scientific Corp. | 0.67% | 1,000,279 | $107.4M | Add +3.1% |
| COST Costco Wholesale Corp. | 0.65% | 105,334 | $104.3M | Add +0.0% |
| PM Philip Morris International | 0.64% | 564,386 | $102.8M | Reduce -1.9% |
| HD Home Depot Inc. | 0.59% | 257,457 | $94.4M | Add +0.1% |
| PLTR Palantir Technologies Inc. Class A | 0.57% | 662,138 | $90.3M | Add +4.6% |
| UNH Unitedhealth Group Inc. | 0.56% | 287,095 | $89.6M | Reduce -5.8% |
| ABBV Abbvie Inc. | 0.55% | 470,018 | $87.2M | Reduce -6.3% |
| INTU Intuit Inc. | 0.55% | 110,731 | $87.2M | Add +31.9% |
| JNJ Johnson & Johnson | 0.55% | 570,762 | $87.2M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.54% | 543,751 | $86.6M | Add +0.1% |
| BKNG Booking Holdings Inc. | 0.54% | 14,877 | $86.1M | Add +74.1% |
| HES Hess Corp. | 0.52% | 593,307 | $82.2M | Add +8.0% |
| CSCO Cisco Systems Inc. | 0.50% | 1,161,011 | $80.6M | Add +0.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.48% | 621,108 | $77.0M | Add +0.0% |
| GEV GE Vernova Inc. | 0.48% | 145,541 | $77.0M | Add +7.2% |
| RTX RTX Corp. | 0.47% | 516,134 | $75.4M | Add +0.1% |
| GE General Electric filed as GE AEROSPACE | 0.46% | 282,246 | $72.6M | Reduce -6.5% |
| KO The Coca-Cola Co. | 0.44% | 993,727 | $70.3M | Add +0.0% |
| ABT Abbott Laboratories | 0.43% | 509,336 | $69.3M | Add +5.5% |
| MS Morgan Stanley | 0.43% | 487,782 | $68.7M | Add +9.6% |
| UBER Uber Technologies Inc. | 0.43% | 735,910 | $68.7M | Add +7.4% |
| ISRG Intuitive Surgical Inc. | 0.43% | 126,302 | $68.6M | Add +11.6% |
| T AT&T Inc. | 0.42% | 2,306,916 | $66.8M | Add +25.0% |
| AXP American Express Co. | 0.41% | 202,714 | $64.7M | Add +0.1% |
| SPGI S&P Global Inc. | 0.40% | 120,308 | $63.4M | Add +0.1% |
| LOW Lowe's Cos Inc. | 0.39% | 282,791 | $62.7M | Add +0.0% |
| CMG Chipotle Mexican Grill Inc. | 0.39% | 1,110,149 | $62.3M | Add +0.1% |
| TMUS T-Mobile US Inc. | 0.38% | 256,517 | $61.1M | Reduce -17.9% |
| BA The Boeing Co. | 0.38% | 289,834 | $60.7M | Add +2.7% |
| MRSH Marsh & McLennan Cos | 0.38% | 276,422 | $60.4M | Add +0.1% |
| CVX Chevron Corp. | 0.37% | 411,027 | $58.9M | Reduce -12.5% |
| CB Chubb Ltd. | 0.36% | 197,522 | $57.2M | Add +0.1% |
| CRM Salesforce Inc. | 0.35% | 205,039 | $55.9M | Reduce -37.8% |
| MPC Marathon Petroleum Corp. | 0.35% | 335,232 | $55.7M | Add +21.5% |
| CAT Caterpillar Inc. | 0.35% | 143,275 | $55.6M | Add +0.0% |
| PANW Palo Alto Networks Inc. | 0.35% | 269,182 | $55.1M | Add +1.3% |
| EMR Emerson Electric Co. | 0.34% | 405,173 | $54.0M | Reduce -18.7% |
| WM Waste Management Inc. | 0.34% | 235,578 | $53.9M | Reduce -16.9% |
| MCD McDonald's Corp. | 0.33% | 181,009 | $52.9M | Reduce -6.7% |
| DHR Danaher Corp. | 0.32% | 259,681 | $51.3M | Add +27.6% |
| AMD Advanced Micro Devices | 0.32% | 354,168 | $50.3M | Reduce -12.2% |
| NSC Norfolk Southern Corp. | 0.31% | 193,973 | $49.7M | Add +83.8% |
| TMO Thermo Fisher Scientific Inc. | 0.31% | 120,190 | $48.7M | Reduce -15.8% |
| MU Micron Technology Inc. | 0.31% | 395,068 | $48.7M | Add +0.0% |
| SHW The Sherwin-Williams Co. | 0.30% | 141,199 | $48.5M | Reduce -4.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.30% | 160,205 | $47.2M | Reduce -0.4% |
| JNPR Juniper Networks Inc. | 0.29% | 1,165,330 | $46.5M | Reduce -16.0% |
| K Kellanova | 0.29% | 572,274 | $45.5M | Add +375.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 366,048 | $45.2M | Reduce -14.3% |
| PFE Pfizer Inc. | 0.28% | 1,860,332 | $45.1M | Add +4.7% |
| C Citigroup Inc. | 0.28% | 526,010 | $44.8M | Add +0.1% |
| ANSS Ansys Inc. | 0.28% | 125,000 | $43.9M | No change |
| DASH DoorDash Inc. Class A | 0.27% | 173,721 | $42.8M | Add +0.1% |
| UNP Union Pacific Corp. | 0.27% | 185,155 | $42.6M | Add +4.4% |
| CSX CSX Corp. | 0.26% | 1,255,670 | $41.0M | Reduce -20.8% |
| BKLN Invesco Senior Loan ETF | 0.26% | 1,946,301 | $40.7M | Reduce -31.5% |
| MRK Merck & Co. Inc. | 0.25% | 510,213 | $40.4M | Reduce -23.6% |
| AMED Amedisys Inc. | 0.25% | 409,603 | $40.3M | Reduce -16.0% |
| SYK Stryker Corp. | 0.25% | 99,783 | $39.5M | Add +6.4% |
| HON Honeywell International Inc. | 0.24% | 167,773 | $39.1M | No change |
| DE Deere & Co. | 0.24% | 74,908 | $38.1M | Add +0.1% |
| COF Capital One Financial Corp. | 0.23% | 175,997 | $37.4M | New |
| SBUX Starbucks Corp. | 0.23% | 404,827 | $37.1M | Add +0.1% |
| MDT Medtronic PLC | 0.23% | 420,660 | $36.7M | Add +0.0% |
| FISV Fiserv Inc. | 0.23% | 212,639 | $36.7M | Add +0.1% |
| WMB Williams Cos Inc. | 0.23% | 574,365 | $36.1M | Add +12.4% |
| QCOM Qualcomm Inc. | 0.22% | 215,882 | $34.4M | No change |
| PWR Quanta Services Inc. | 0.21% | 90,013 | $34.0M | Add +45.5% |
| SRLN SS Blackstone Sr Loan ETF | 0.21% | 812,805 | $33.8M | Reduce -38.0% |
| VZ Verizon Communications Inc. | 0.21% | 770,800 | $33.4M | No change |
| ANET Arista Networks Inc. | 0.21% | 323,816 | $33.1M | Add +88.1% |
| LRCX Lam Research Corp. | 0.20% | 335,595 | $32.7M | Add +0.1% |
| AMT American Tower Corp. | 0.20% | 146,157 | $32.3M | Add +0.1% |
| BLK BlackRock Inc. | 0.20% | 30,629 | $32.1M | Add +0.1% |
| SCHW Schwab (charles) Corp. | 0.20% | 347,744 | $31.7M | No change |
| LHX L3HARRIS Technologies Inc. | 0.19% | 123,751 | $31.0M | No change |
Options reported separately and not counted above: SPY puts ($849.7M), SPY calls ($404.1M), IWM calls ($147.2M), QQQ puts ($136.5M), IWM puts ($130.2M), QQQ calls ($93.2M), EFA calls ($57.2M), TLT puts ($36.2M), UNH calls ($35.2M), NVDA calls ($17.0M), SWTX calls ($14.1M), BSX calls ($14.0M), and 36 more.
Other holdings (282): bonds, preferreds, convertibles and warrants · $7.4B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 250,333,000 | $319.0M | New |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 3,430,179 | $233.3M | Reduce -14.1% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 125,330,000 | $189.9M | Add +0.4% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 78,433,000 | $140.8M | Add +9.3% |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 127,487,000 | $140.2M | New |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 37,769,000 | $136.8M | Reduce -4.9% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 95,614,000 | $136.5M | Add +0.2% |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 48,066,000 | $133.7M | Reduce -0.0% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 116,978,000 | $126.3M | Add +7.2% |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 125,424,000 | $121.0M | No change |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 1,678,984 | $111.9M | Add +46.0% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 1,892,687 | $111.4M | Add +11.5% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 59,414,000 | $107.0M | Add +2.1% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 1,420,035 | $106.3M | Reduce -6.3% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 73,802,000 | $99.8M | Reduce -0.0% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 106,648,000 | $98.8M | Reduce -6.9% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 1,797,147 | $96.3M | Add +25.1% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 90,639,000 | $96.0M | Add +11.8% |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 88,523,000 | $87.6M | New |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 1,644,910 | $87.2M | Reduce -10.1% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 64,432,000 | $84.4M | New |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 54,769,000 | $84.2M | Add +32.9% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 89,874,000 | $80.7M | Reduce -11.9% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 77,106,000 | $78.5M | Reduce -18.1% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 80,040,000 | $75.6M | Reduce -27.9% |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 35,106,000 | $75.4M | New |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 25,886,000 | $72.1M | Reduce -0.3% |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 60,828,000 | $69.0M | Add +4.7% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 56,169,000 | $66.4M | Reduce -30.1% |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 1,051,356 | $65.2M | New |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 564,562 | $65.0M | New |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 58,745,000 | $62.9M | Reduce -2.6% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 62,855,000 | $61.1M | Reduce -0.3% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 56,418,000 | $60.1M | Add +8.6% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 44,409,000 | $59.6M | Reduce -0.2% |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 30,876,000 | $58.5M | Add +1.4% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 56,022,000 | $56.3M | No change |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 62,000,000 | $55.9M | Add +31.6% |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 64,126,000 | $54.5M | New |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 46,373,000 | $54.1M | Add +15.0% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 41,319,000 | $53.8M | Reduce -0.0% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 56,696,000 | $53.3M | No change |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 55,363,000 | $51.7M | No change |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 36,868,000 | $48.4M | Add +194.9% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 45,000,000 | $47.2M | Add +80.0% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 50,310,000 | $47.0M | Reduce -14.7% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 49,051,000 | $46.6M | Reduce -33.7% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 40,113,000 | $46.3M | New |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 39,950,000 | $45.6M | Reduce -0.1% |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 6,934,000 | $43.8M | Reduce -36.2% |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 1,098,389 | $43.6M | Reduce -0.5% |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 36,092,000 | $43.0M | New |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 50,000,000 | $42.9M | No change |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 39,921,000 | $42.5M | New |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 44,350,000 | $41.3M | Add +24.4% |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 41,717,000 | $41.0M | Reduce -0.1% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 37,968,000 | $40.5M | Add +2.7% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 40,509,000 | $39.9M | Reduce -40.6% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | 35,103,000 | $39.6M | New |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 35,630,000 | $39.6M | New |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 41,100,000 | $39.5M | No change |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 41,000,000 | $39.3M | Add +141.2% |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 44,596,000 | $39.1M | No change |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 38,133,000 | $38.6M | No change |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 42,800,000 | $38.6M | Add +5.7% |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 36,025,000 | $37.7M | New |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 40,250,000 | $37.6M | No change |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 37,752,000 | $37.5M | Add +196.1% |
| NOVA LTD (NVMI 0 10/15/25) | NOTE 10/1 · principal | 10,000,000 | $36.9M | No change |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 24,796,000 | $36.8M | Reduce -0.0% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 766,247 | $36.1M | Reduce -0.9% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 40,000,000 | $34.7M | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 28,163 | $34.2M | Reduce -0.4% |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 29,963,000 | $33.9M | Add +20.0% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 32,670,000 | $33.3M | No change |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 27,911,000 | $33.1M | Reduce -26.4% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 1,022,243 | $32.8M | Reduce -0.8% |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 35,897,000 | $32.5M | No change |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 27,500,000 | $31.8M | Reduce -17.2% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 34,011,000 | $31.6M | Reduce -20.1% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 25,221,000 | $31.1M | Reduce -0.5% |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 34,898,000 | $31.0M | Add +7.7% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 28,521,000 | $30.6M | Reduce -0.1% |
| Q2 HOLDINGS INC (QTWO 0.125 11/15/25) | NOTE 0.125%11/1 · principal | 30,625,000 | $30.3M | No change |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 31,795,000 | $30.2M | Reduce -46.9% |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | 34,388,000 | $29.4M | Reduce -0.1% |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 10,057,000 | $29.4M | Reduce -0.8% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 24,506,000 | $29.4M | Add +0.9% |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | 30,000,000 | $29.4M | No change |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 25,555,000 | $29.2M | No change |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 30,000,000 | $29.2M | Reduce -14.3% |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 30,000,000 | $29.2M | New |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 29,222,000 | $29.1M | Reduce -13.1% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 37,821,000 | $27.9M | Reduce -36.1% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 24,465,000 | $27.9M | Reduce -20.9% |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 20,093,000 | $27.8M | New |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 28,074,000 | $27.8M | Reduce -0.1% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 25,470,000 | $27.6M | No change |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 25,674,000 | $27.0M | Reduce -0.1% |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 26,030,000 | $26.8M | No change |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 27,055,000 | $26.6M | New |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 25,060,000 | $26.3M | Reduce -0.1% |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 300,990 | $24.8M | Reduce -0.5% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 15,880,000 | $24.4M | Reduce -1.0% |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 397,494 | $24.0M | Reduce -0.4% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 20,430,000 | $23.0M | Reduce -0.0% |
| PELOTON INTERACTIVE INC (PTON 5.5 12/01/29) | NOTE 5.500%12/0 · principal | 12,547,000 | $22.8M | New |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 23,000,000 | $22.8M | No change |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 22,528,000 | $22.4M | New |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 22,500,000 | $22.3M | No change |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 503,461 | $22.3M | Reduce -1.1% |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 19,672,000 | $22.1M | Reduce -0.8% |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 575,172 | $21.6M | Reduce -22.2% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 17,871,000 | $21.2M | Reduce -0.9% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 20,617,000 | $21.0M | No change |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 20,230,000 | $20.1M | No change |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 16,707,000 | $20.0M | Reduce -0.3% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 15,466,000 | $19.7M | Reduce -0.0% |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | 20,000,000 | $19.4M | New |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | 20,000,000 | $19.2M | Add +100.0% |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 20,000,000 | $19.0M | No change |
| UPWORK INC (UPWK 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 20,000,000 | $18.9M | No change |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 25,000,000 | $18.0M | No change |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 20,000,000 | $17.9M | No change |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 15,000,000 | $17.9M | No change |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 16,398,000 | $16.3M | Reduce -3.7% |
| BOX INC (BOX 0 01/15/26) | NOTE 1/1 · principal | 12,000,000 | $16.0M | No change |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 12,795,000 | $15.2M | Reduce -0.2% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 16,250,000 | $15.0M | No change |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 13,012,000 | $15.0M | Add +0.0% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 15,163,000 | $15.0M | Reduce -65.3% |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 12,547,000 | $15.0M | Add +0.4% |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 7,046,000 | $14.7M | Reduce -1.0% |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 15,000,000 | $14.7M | No change |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 11,465,000 | $14.5M | Reduce -24.1% |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 15,000,000 | $14.4M | No change |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 15,000,000 | $14.2M | No change |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 15,000,000 | $14.1M | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 12,000,000 | $14.1M | No change |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 9,761,000 | $13.8M | Reduce -1.0% |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 16,020,000 | $13.1M | No change |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 51,704,000 | $13.1M | No change |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | 13,550,000 | $13.1M | Add +35.5% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 10,386,000 | $13.0M | Reduce -0.1% |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 11,458,000 | $13.0M | Reduce -0.1% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 12,500,000 | $12.9M | No change |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 10,000,000 | $11.6M | No change |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 17,628,000 | $11.3M | No change |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | 10,000,000 | $10.8M | New |
| SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) | NOTE 3.500%12/0 · principal | 7,500,000 | $10.6M | No change |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 10,500,000 | $10.5M | Reduce -40.0% |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 17,448,000 | $10.1M | No change |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 10,000,000 | $10.1M | No change |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 8,000,000 | $10.0M | Reduce -1.5% |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 10,000,000 | $9.9M | New |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | 37,991,000 | $9.5M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 10,000,000 | $9.4M | No change |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | 6,500,000 | $9.2M | No change |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | 6,946,000 | $9.0M | New |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 10,000,000 | $9.0M | No change |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 9,500,000 | $8.8M | Reduce -51.3% |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | 15,000,000 | $8.7M | No change |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 10,000,000 | $8.7M | No change |
| WORKIVA INC (WK 1.125 08/15/26) | NOTE 1.125% 8/1 · principal | 8,070,000 | $8.6M | No change |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 10,000,000 | $8.5M | No change |
| KOSMOS ENERGY LTD (KOS 3.125 03/15/30) | NOTE 3.125% 3/1 · principal | 12,250,000 | $8.4M | No change |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 8,649,000 | $8.4M | New |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 9,000,000 | $8.4M | No change |
| LIVEPERSON INC (LPSN 0 12/15/26) | NOTE 12/1 · principal | 20,842,000 | $8.2M | No change |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 6,953,000 | $7.7M | Reduce -94.6% |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 6,600,000 | $7.0M | No change |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 6,000,000 | $7.0M | Reduce -1.7% |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 7,000,000 | $6.8M | Reduce -20.1% |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 6,000,000 | $6.4M | No change |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 5,000,000 | $6.4M | No change |
| SPECTRUM BRANDS INC (SPB 3.375 06/01/29) | NOTE 3.375% 6/0 · principal | 7,000,000 | $6.4M | New |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | 6,500,000 | $6.4M | New |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 7,500,000 | $6.3M | No change |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | 5,000,000 | $5.9M | New |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 5,000,000 | $5.3M | No change |
| VARONIS SYSTEM INC (VRNS 1.25 08/15/25) | NOTE 1.250% 8/1 · principal | 3,034,000 | $5.0M | Reduce -1.1% |
| MESA LABORATORIES INC (MLAB 1.375 08/15/25) | NOTE 1.375% 8/1 · principal | 5,000,000 | $4.9M | No change |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 4,642,000 | $4.5M | No change |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 2,824,000 | $4.5M | Add +2.1% |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 4,000,000 | $4.5M | No change |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 4,752,000 | $4.3M | Reduce -83.8% |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 36,755,000 | $3.2M | No change |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | 2,500,000 | $2.6M | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 2,158 | $2.5M | No change |
| VERITONE INC (VERI 1.75 11/15/26) | NOTE 1.750%11/1 · principal | 5,000,000 | $2.1M | No change |
| INNOVIVA INC (INVA 2.5 08/15/25) | NOTE 2.500% 8/1 · principal | 1,498,000 | $1.8M | No change |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 1,052,000 | $1.5M | Reduce -97.5% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 1,548,000 | $1.5M | Reduce -2.0% |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 1,369,000 | $1.3M | Reduce -22.7% |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | 1,048,000 | $1.0M | No change |
| TXNM ENERGY INC (TXNM 5.75 06/01/54) | NOTE 5.750% 6/0 · principal | 765,000 | $995K | New |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 569,000 | $853K | Reduce -1.7% |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 766,000 | $768K | Reduce -92.1% |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 99/99/999 | 250,000 | $588K | No change |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 250,000 | $490K | No change |
Largest 200 of 282 shown.
Total filed on the 13F, all lines: $23.4B.
Portfolio Sells Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -71.7% | 0.77% | −1.95 |
| AAPL Apple Inc. | Reduce -3.6% | 5.29% | −1.24 |
| UNH Unitedhealth Group Inc. | Reduce -5.8% | 0.56% | −0.54 |
| BERY Berry Global Group Inc. | Sold out | 0.00% | −0.26 |
| CRM Salesforce Inc. | Reduce -37.8% | 0.35% | −0.26 |
| IPG Interpublic Group of Cos Inc. | Reduce -65.7% | 0.09% | −0.23 |
| CHX Championx Corp. | Reduce -52.5% | 0.11% | −0.20 |
| TMUS T-Mobile US Inc. | Reduce -17.9% | 0.38% | −0.19 |
| TMO Thermo Fisher Scientific Inc. | Reduce -15.8% | 0.31% | −0.18 |
| ABBV Abbvie Inc. | Reduce -6.3% | 0.55% | −0.18 |
| CVX Chevron Corp. | Reduce -12.5% | 0.37% | −0.17 |
| MA Mastercard Inc. Class A | Reduce -9.7% | 0.87% | −0.16 |
| MRK Merck & Co. Inc. | Reduce -23.6% | 0.25% | −0.16 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -38.0% | 0.21% | −0.16 |
| BKLN Invesco Senior Loan ETF | Reduce -31.5% | 0.26% | −0.15 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.13 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.12 |
| WM Waste Management Inc. | Reduce -16.9% | 0.34% | −0.11 |
| WDAY Workday Inc. Class A | Reduce -62.6% | 0.06% | −0.11 |
| PEP Pepsico Inc. | Reduce -19.8% | 0.16% | −0.09 |
| FLBL Franklin Senior Loan ETF | Reduce -62.8% | 0.05% | −0.09 |
| MCD McDonald's Corp. | Reduce -6.7% | 0.33% | −0.09 |
| GOOGL Alphabet Inc. Class A | Reduce -6.5% | 2.61% | −0.09 |
| ADI Analog Devices Inc. | Reduce -34.5% | 0.19% | −0.08 |
| TJX TJX Companies Inc. | Reduce -14.3% | 0.28% | −0.08 |
| CSX CSX Corp. | Reduce -20.8% | 0.26% | −0.06 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -55.2% | 0.06% | −0.06 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.06 |
| NOC Northrop Grumman Corp. | Reduce -27.3% | 0.11% | −0.06 |
| AMED Amedisys Inc. | Reduce -16.0% | 0.25% | −0.06 |
| BNY Bank of New York Mellon Corp. | Reduce -34.7% | 0.11% | −0.06 |
| LVS Las Vegas Sands Corp. | Reduce -56.1% | 0.05% | −0.06 |
| JNPR Juniper Networks Inc. | Reduce -16.0% | 0.29% | −0.05 |
| PPG PPG Industries Inc. | Reduce -48.2% | 0.05% | −0.05 |
| ICLR Icon PLC | Sold out | 0.00% | −0.05 |
| SHW The Sherwin-Williams Co. | Reduce -4.2% | 0.30% | −0.05 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -18.7% | 0.07% | −0.05 |
| STZ Constellation Brands Inc. Class A | Reduce -11.1% | 0.12% | −0.05 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.04 |
| RDFN Redfin Corp. | Sold out | 0.00% | −0.04 |
| EMR Emerson Electric Co. | Reduce -18.7% | 0.34% | −0.04 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -33.7% | 0.17% | −0.04 |
| AMAT Applied Materials Inc. | Reduce -25.0% | 0.18% | −0.03 |
| BABA Alibaba Group Holding-SP ADR | Reduce -28.2% | 0.03% | −0.03 |
| STWD Starwood Property Trust Inc. | Sold out | 0.00% | −0.02 |
| ATRC Atricure Inc. | Reduce -88.6% | 0.00% | −0.02 |
| MASI Masimo Corp. | Reduce -76.0% | 0.01% | −0.02 |
| SMFG Sumitomo Mitsui-Spons ADR | Reduce -49.4% | 0.02% | −0.02 |
| PEN Penumbra Inc. | Reduce -78.3% | 0.00% | −0.02 |
| CDNA Caredx Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +0.2% | 7.50% | +1.86 |
| NFLX Netflix Inc. | Add +0.1% | 1.48% | +0.35 |
| BKNG Booking Holdings Inc. | Add +74.1% | 0.54% | +0.27 |
| COF Capital One Financial Corp. | New | 0.23% | +0.23 |
| K Kellanova | Add +375.1% | 0.29% | +0.22 |
| AMZN Amazon.com Inc. | Add +0.0% | 4.51% | +0.21 |
| NOW ServiceNow Inc. | Add +12.2% | 0.82% | +0.20 |
| PLTR Palantir Technologies Inc. Class A | Add +4.6% | 0.57% | +0.20 |
| GEV GE Vernova Inc. | Add +7.2% | 0.48% | +0.20 |
| INTU Intuit Inc. | Add +31.9% | 0.55% | +0.19 |
| SNPS Synopsys Inc. | New | 0.18% | +0.18 |
| NSC Norfolk Southern Corp. | Add +83.8% | 0.31% | +0.14 |
| COOP Mr Cooper Group Inc. | New | 0.12% | +0.12 |
| ANET Arista Networks Inc. | Add +88.1% | 0.21% | +0.12 |
| GS Goldman Sachs Group Inc. | Add +0.4% | 0.69% | +0.11 |
| PWR Quanta Services Inc. | Add +45.5% | 0.21% | +0.10 |
| DG Dollar General Corp. | Add +302.3% | 0.13% | +0.10 |
| IBN Icici Bank Ltd.-Spon ADR | Add +640.0% | 0.12% | +0.10 |
| SKX Skechers USA Inc. Class A | New | 0.10% | +0.10 |
| UBER Uber Technologies Inc. | Add +7.4% | 0.43% | +0.09 |
| GMS GMS Inc. | New | 0.09% | +0.09 |
| ASTS Ast Spacemobile Inc. | New | 0.08% | +0.08 |
| COIN Coinbase Global Inc. Class A | New | 0.08% | +0.08 |
| MS Morgan Stanley | Add +9.6% | 0.43% | +0.07 |
| MPC Marathon Petroleum Corp. | Add +21.5% | 0.35% | +0.07 |
| MELI MercadoLibre Inc. | Add +87.8% | 0.12% | +0.07 |
| MU Micron Technology Inc. | Add +0.0% | 0.31% | +0.07 |
| TDG Transdigm Group Inc. | New | 0.06% | +0.06 |
| AZO AutoZone Inc. | New | 0.06% | +0.06 |
| AVDX Avidxchange Holdings Inc. | New | 0.06% | +0.06 |
| MDB Mongodb Inc. | New | 0.06% | +0.06 |
| DIS The Walt Disney Co. | Add +0.0% | 0.48% | +0.06 |
| RCL Royal Caribbean Cruises Ltd. | Add +184.1% | 0.08% | +0.06 |
| PGR Progressive Corp. | New | 0.06% | +0.06 |
| T AT&T Inc. | Add +25.0% | 0.42% | +0.06 |
| FICO Fair Isaac Corp. | Add +413.2% | 0.07% | +0.06 |
| SPOT Spotify Technology SA | Add +12.9% | 0.19% | +0.06 |
| HBAN Huntington Bancshares Inc. | Add +122.7% | 0.10% | +0.05 |
| VST Vistra Corp. | Add +0.1% | 0.16% | +0.05 |
| ARES Ares Management Corp. Class A | New | 0.05% | +0.05 |
| TASK Taskus Inc. Class A | New | 0.05% | +0.05 |
| SNOW Snowflake Inc. | Add +9.4% | 0.15% | +0.05 |
| DASH DoorDash Inc. Class A | Add +0.1% | 0.27% | +0.05 |
| BA The Boeing Co. | Add +2.7% | 0.38% | +0.05 |
| EQT Eqt Corp. | Add +41.6% | 0.17% | +0.05 |
| SDHIU Siddhi Acquisition Corp. | New | 0.05% | +0.05 |
| TTD Trade Desk Inc./the Class A | New | 0.05% | +0.05 |
| GTENU Gores Holdings X Inc. | New | 0.05% | +0.05 |
| ISRG Intuitive Surgical Inc. | Add +11.6% | 0.43% | +0.04 |
| COHR Coherent Corp. | New | 0.04% | +0.04 |
Options Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +52.9% | 1,519,000 | $849.7M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +5.1% | 722,400 | $404.1M |
| IWM iShares Russell 2000 ETF | call | Add +27.4% | 737,800 | $147.2M |
| QQQ Invesco QQQ Trust Series 1 | put | Add +37.3% | 291,000 | $136.5M |
| IWM iShares Russell 2000 ETF | put | Add +12.7% | 652,800 | $130.2M |
| QQQ Invesco QQQ Trust Series 1 | call | Reduce -6.3% | 198,700 | $93.2M |
| EFA iShares MSCI Eafe ETF | call | Reduce -12.5% | 700,000 | $57.2M |
| KWEB Kranesh Csi China Internet | put | Sold out | 1,476,700 | $43.2Mbefore exit |
| TLT iShares 20+ Year Treasury BD | put | New | 398,000 | $36.2M |
| UNH Unitedhealth Group Inc. | call | New | 67,300 | $35.2M |
| BRK.B Berkshire Hathaway Inc. Class B | call | Sold out | 75,800 | $34.4Mbefore exit |
| EEM iShares MSCI Emerging Market | put | Sold out | 590,200 | $24.7Mbefore exit |
| NVDA Nvidia Corp. | call | Add +3386.7% | 156,900 | $17.0M |
| AAL American Airlines Group Inc. | call | Sold out | 950,000 | $16.6Mbefore exit |
| INDA iShares MSCI India ETF | call | Sold out | 293,500 | $15.4Mbefore exit |
| SWTX Springworks Therapeutics Inc. | call | New | 318,500 | $14.1M |
| AMZN Amazon.com Inc. | put | Reduce -19.2% | 61,400 | $11.7M |
| FXI iShares China Large-Cap ETF | put | Sold out | 378,000 | $11.5Mbefore exit |
| EZU iShares MSCI Eurozone ETF | put | Sold out | 243,100 | $11.5Mbefore exit |
| FLUT Flutter Entertainment PLC-Di | call | Reduce -51.4% | 50,600 | $11.2M |
| BA The Boeing Co. | put | Sold out | 55,000 | $9.7Mbefore exit |
| NVO Novo-Nordisk A/S-Spons ADR | call | Sold out | 95,100 | $8.2Mbefore exit |
| TMO Thermo Fisher Scientific Inc. | put | New | 16,000 | $8.0M |
| FCX Freeport-McMoran Inc. | call | New | 188,900 | $7.2M |
| AAPL Apple Inc. | call | Add +900.0% | 30,000 | $6.7M |
| RCL Royal Caribbean Cruises Ltd. | call | Sold out | 28,000 | $6.5Mbefore exit |
| TSM Taiwan Semiconductor-SP ADR | call | Reduce -58.8% | 38,500 | $6.4M |
| ORCL Oracle Corp. | put | New | 45,500 | $6.4M |
| WFC Wells Fargo & Co. | put | Sold out | 90,500 | $6.4Mbefore exit |
| BIDU Baidu Inc. - Spon ADR | call | Sold out | 62,700 | $5.3Mbefore exit |
| FLEX Flex Ltd. | put | New | 156,500 | $5.2M |
| FTI Technipfmc PLC | call | Sold out | 177,000 | $5.1Mbefore exit |
| SHOP Shopify Inc. Class A | call | New | 52,000 | $5.0M |
| EWZ iShares MSCI Brazil ETF | call | Sold out | 216,500 | $4.9Mbefore exit |
| ABBV Abbvie Inc. | put | New | 20,400 | $4.3M |
| UAL United Airlines Holdings Inc. | call | Sold out | 41,500 | $4.0Mbefore exit |
| MRK Merck & Co. Inc. | call | New | 41,000 | $3.7M |
| ODD Oddity Tech Ltd. Class A | call | New | 83,600 | $3.6M |
| APTV Aptiv PLC | put | New | 60,700 | $3.6M |
| ASTS Ast Spacemobile Inc. | put | New | 144,500 | $3.3M |
| TM Toyota Motor Corp. -Spon ADR | put | New | 18,600 | $3.3M |
| CLS Celestica Inc. | call | New | 38,300 | $3.0M |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | call | Add +75.8% | 33,400 | $2.9M |
| MMYT Makemytrip Ltd. | call | Sold out | 24,300 | $2.7Mbefore exit |
| BILL Bill Holdings Inc. | call | Sold out | 30,000 | $2.5Mbefore exit |
| GOOGL Alphabet Inc. Class A | put | Sold out | 12,200 | $2.3Mbefore exit |
| TSLA Tesla Inc. | put | New | 8,500 | $2.2M |
| TME Tencent Music Entertainm-ADR | call | New | 152,400 | $2.2M |
| PSMT Pricesmart Inc. | call | New | 20,900 | $1.8M |
| NTES Netease Inc.-ADR | call | New | 17,800 | $1.8M |
Showing the first 50 of 65.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | Sold out | 109,972,000 | $377.8Mbefore exit |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | New | 250,333,000 | $319.0M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Reduce -14.1% | 3,430,179 | $233.3M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +0.4% | 125,330,000 | $189.9M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Add +9.3% | 78,433,000 | $140.8M |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | New | 127,487,000 | $140.2M |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Reduce -4.9% | 37,769,000 | $136.8M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +0.2% | 95,614,000 | $136.5M |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | Reduce -0.0% | 48,066,000 | $133.7M |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Add +7.2% | 116,978,000 | $126.3M |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Add +46.0% | 1,678,984 | $111.9M |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Add +11.5% | 1,892,687 | $111.4M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Add +2.1% | 59,414,000 | $107.0M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -6.3% | 1,420,035 | $106.3M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Reduce -0.0% | 73,802,000 | $99.8M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Reduce -6.9% | 106,648,000 | $98.8M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Add +25.1% | 1,797,147 | $96.3M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Add +11.8% | 90,639,000 | $96.0M |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | Sold out | 38,860,000 | $95.3Mbefore exit |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | New | 88,523,000 | $87.6M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Reduce -10.1% | 1,644,910 | $87.2M |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | New | 64,432,000 | $84.4M |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Add +32.9% | 54,769,000 | $84.2M |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Reduce -11.9% | 89,874,000 | $80.7M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Reduce -18.1% | 77,106,000 | $78.5M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Reduce -27.9% | 80,040,000 | $75.6M |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | New | 35,106,000 | $75.4M |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Reduce -0.3% | 25,886,000 | $72.1M |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | Add +4.7% | 60,828,000 | $69.0M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Reduce -30.1% | 56,169,000 | $66.4M |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | New | 1,051,356 | $65.2M |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | New | 564,562 | $65.0M |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Reduce -2.6% | 58,745,000 | $62.9M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Reduce -0.3% | 62,855,000 | $61.1M |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | Add +8.6% | 56,418,000 | $60.1M |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Reduce -0.2% | 44,409,000 | $59.6M |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | Add +1.4% | 30,876,000 | $58.5M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Add +31.6% | 62,000,000 | $55.9M |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | New | 64,126,000 | $54.5M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Add +15.0% | 46,373,000 | $54.1M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Reduce -0.0% | 41,319,000 | $53.8M |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Add +194.9% | 36,868,000 | $48.4M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Add +80.0% | 45,000,000 | $47.2M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Reduce -14.7% | 50,310,000 | $47.0M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Reduce -33.7% | 49,051,000 | $46.6M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | New | 40,113,000 | $46.3M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Reduce -0.1% | 39,950,000 | $45.6M |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | Reduce -36.2% | 6,934,000 | $43.8M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Reduce -0.5% | 1,098,389 | $43.6M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | Sold out | 43,192,000 | $43.0Mbefore exit |
Showing the first 50 of 179.
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 | 681 | $19.5B | NVDA, AAPL, CBOX, MSFT, GOOGL |
| Q1 2026 | 900 | $19.2B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q4 2025 | 611 | $16.9B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 599 | $16.9B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q2 2025 | 586 | $16.0B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 575 | $14.5B | AAPL, MSFT, NVDA, AMZN, SPY |
| Q4 2024 | 579 | $14.9B | AAPL, NVDA, MSFT, AMZN, GOOGL |
| Q3 2024 | 566 | $14.4B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q2 2024 | 560 | $14.2B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q1 2024 | 559 | $14.0B | MSFT, NVDA, AAPL, AMZN, GOOGL |