Calamos Advisors LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 20, 2025), Calamos Advisors LLC reported 599 stock positions worth $16.9 billion. Its top holding was Nvidia (NVDA) at 8.2% of the portfolio, followed by Microsoft (MSFT, 6.7%) and Apple (AAPL, 6.1%). Compared with Q2 2025, it opened 95 new positions, sold out of 82, added to 174 and reduced 133. The biggest buy was Broadcom (AVGO, shares +0%) and the biggest sale an exit from Hess (HES).
- Most Recent 13F
- Q2 2026
- Location
- NAPERVILLE, IL
- CIK
- 0001316507
- Portfolio Value
- $16.9B (Q3 2025)
- SEC Filing
- 0001316507-25-000003 ↗ filed Oct 20, 2025
Holdings Value
Holdings 599 stocks · $16.9B
| NVDA Nvidia Corp. | 8.24% | 7,475,880 | $1.4B | Reduce -1.3% |
| MSFT Microsoft Corp. | 6.72% | 2,197,239 | $1.1B | Reduce -1.5% |
| AAPL Apple Inc. | 6.13% | 4,074,858 | $1.0B | Reduce -1.0% |
| AMZN Amazon.com Inc. | 4.17% | 3,213,654 | $705.6M | Reduce -2.1% |
| GOOGL Alphabet Inc. Class A | 3.22% | 2,241,020 | $544.8M | Reduce -5.0% |
| META Meta Platforms Inc. Class A | 2.94% | 678,596 | $498.3M | Add +0.1% |
| AVGO Broadcom Inc. | 2.73% | 1,400,671 | $462.1M | Add +0.5% |
| TSLA Tesla Inc. | 2.03% | 771,312 | $343.0M | Reduce -0.6% |
| V Visa Inc. Class A | 1.45% | 717,360 | $244.9M | Reduce -0.9% |
| JPM JPMorgan Chase & Co. | 1.39% | 744,568 | $234.9M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 1.38% | 961,591 | $234.2M | Add +0.0% |
| NFLX Netflix Inc. | 1.26% | 177,255 | $212.5M | Add +0.3% |
| LLY Eli Lilly & Co. | 1.24% | 274,313 | $209.3M | Reduce -1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.09% | 277,016 | $184.5M | Add +38.4% |
| ORCL Oracle Corp. | 1.07% | 646,529 | $181.8M | Reduce -8.4% |
| WMT Walmart Inc. | 1.01% | 1,653,891 | $170.5M | Reduce -5.0% |
| WFC Wells Fargo & Co. | 0.88% | 1,781,796 | $149.4M | Reduce -1.8% |
| MA Mastercard Inc. Class A | 0.83% | 246,913 | $140.4M | Add +0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.79% | 267,559 | $134.5M | Reduce -14.9% |
| XOM Exxon Mobil Corp. | 0.79% | 1,189,619 | $134.1M | Reduce -5.9% |
| GS Goldman Sachs Group Inc. | 0.78% | 165,539 | $131.8M | Add +6.8% |
| PLTR Palantir Technologies Inc. Class A | 0.74% | 690,269 | $125.9M | Add +4.3% |
| JNJ Johnson & Johnson | 0.70% | 638,656 | $118.4M | Add +11.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.69% | 2,264,371 | $116.8M | Reduce -14.2% |
| HD Home Depot Inc. | 0.67% | 278,402 | $112.8M | Add +8.1% |
| LIN Linde PLC | 0.67% | 237,087 | $112.6M | Add +0.2% |
| ABBV Abbvie Inc. | 0.62% | 450,832 | $104.4M | Reduce -4.1% |
| NOW ServiceNow Inc. | 0.61% | 111,526 | $102.6M | Reduce -12.8% |
| CVX Chevron Corp. | 0.58% | 635,452 | $98.7M | Add +54.6% |
| PM Philip Morris International | 0.54% | 565,169 | $91.7M | Add +0.1% |
| GEV GE Vernova Inc. | 0.53% | 145,397 | $89.4M | Reduce -0.1% |
| COST Costco Wholesale Corp. | 0.52% | 95,630 | $88.5M | Reduce -9.2% |
| BSX Boston Scientific Corp. | 0.52% | 894,430 | $87.3M | Reduce -10.6% |
| RTX RTX Corp. | 0.51% | 517,185 | $86.5M | Add +0.2% |
| UNH Unitedhealth Group Inc. | 0.50% | 246,883 | $85.2M | Reduce -14.0% |
| GE General Electric filed as GE AEROSPACE | 0.50% | 282,707 | $85.0M | Add +0.2% |
| BKNG Booking Holdings Inc. | 0.48% | 14,907 | $80.5M | Add +0.2% |
| CSCO Cisco Systems Inc. | 0.47% | 1,163,509 | $79.6M | Add +0.2% |
| UBER Uber Technologies Inc. | 0.47% | 811,790 | $79.5M | Add +10.3% |
| INTU Intuit Inc. | 0.47% | 115,426 | $78.8M | Add +4.2% |
| MS Morgan Stanley | 0.45% | 482,952 | $76.8M | Reduce -1.0% |
| PG The Procter & Gamble Co. | 0.45% | 494,168 | $75.9M | Reduce -9.1% |
| LOW Lowe's Cos Inc. | 0.43% | 292,257 | $73.4M | Add +3.4% |
| TMO Thermo Fisher Scientific Inc. | 0.42% | 147,700 | $71.6M | Add +22.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.42% | 622,256 | $71.2M | Add +0.2% |
| ABT Abbott Laboratories | 0.40% | 510,523 | $68.4M | Add +0.2% |
| AXP American Express Co. | 0.40% | 203,656 | $67.6M | Add +0.5% |
| UNP Union Pacific Corp. | 0.40% | 283,927 | $67.1M | Add +53.4% |
| MU Micron Technology Inc. | 0.39% | 395,621 | $66.2M | Add +0.1% |
| KO The Coca-Cola Co. | 0.39% | 995,637 | $66.0M | Add +0.2% |
| MPC Marathon Petroleum Corp. | 0.38% | 336,206 | $64.8M | Add +0.3% |
| BA The Boeing Co. | 0.38% | 299,003 | $64.5M | Add +3.2% |
| NSC Norfolk Southern Corp. | 0.38% | 214,274 | $64.4M | Add +10.5% |
| WM Waste Management Inc. | 0.36% | 279,054 | $61.6M | Add +18.5% |
| TMUS T-Mobile US Inc. | 0.36% | 256,807 | $61.5M | Add +0.1% |
| T AT&T Inc. | 0.36% | 2,130,746 | $60.2M | Reduce -7.6% |
| SHW The Sherwin-Williams Co. | 0.35% | 171,406 | $59.4M | Add +21.4% |
| AMD Advanced Micro Devices | 0.34% | 354,168 | $57.3M | No change |
| NEE Nextera Energy Inc. | 0.33% | 747,458 | $56.4M | Add +153.2% |
| CB Chubb Ltd. | 0.33% | 197,942 | $55.9M | Add +0.2% |
| MCD McDonald's Corp. | 0.33% | 181,302 | $55.1M | Add +0.2% |
| DASH DoorDash Inc. Class A | 0.32% | 200,995 | $54.7M | Add +15.7% |
| MRSH Marsh & McLennan Cos | 0.32% | 267,756 | $54.0M | Reduce -3.1% |
| C Citigroup Inc. | 0.32% | 527,233 | $53.5M | Add +0.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.31% | 366,371 | $53.0M | Add +0.1% |
| SPGI S&P Global Inc. | 0.30% | 105,940 | $51.6M | Reduce -11.9% |
| MDT Medtronic PLC | 0.30% | 538,018 | $51.2M | Add +27.9% |
| ISRG Intuitive Surgical Inc. | 0.30% | 113,140 | $50.6M | Reduce -10.4% |
| RCL Royal Caribbean Cruises Ltd. | 0.29% | 153,902 | $49.8M | Add +274.2% |
| CRM Salesforce Inc. | 0.29% | 205,035 | $48.6M | Reduce 0.0% |
| CAT Caterpillar Inc. | 0.28% | 99,522 | $47.5M | Reduce -30.5% |
| PFE Pfizer Inc. | 0.28% | 1,860,332 | $47.4M | No change |
| LRCX Lam Research Corp. | 0.27% | 336,428 | $45.0M | Add +0.3% |
| CSX CSX Corp. | 0.26% | 1,258,374 | $44.7M | Add +0.2% |
| DHR Danaher Corp. | 0.26% | 223,518 | $44.3M | Reduce -13.9% |
| PWR Quanta Services Inc. | 0.26% | 105,401 | $43.7M | Add +17.1% |
| EMR Emerson Electric Co. | 0.25% | 328,949 | $43.2M | Reduce -18.8% |
| TXN Texas Instruments Inc. | 0.25% | 233,343 | $42.9M | Add +99.3% |
| MRK Merck & Co. Inc. | 0.25% | 510,200 | $42.8M | Reduce 0.0% |
| SNPS Synopsys Inc. | 0.25% | 86,730 | $42.8M | Add +54.3% |
| COF Capital One Financial Corp. | 0.25% | 198,532 | $42.2M | Add +12.8% |
| PANW Palo Alto Networks Inc. | 0.25% | 205,550 | $41.9M | Reduce -23.6% |
| SPOT Spotify Technology SA | 0.24% | 58,740 | $41.0M | Add +48.1% |
| BKLN Invesco Senior Loan ETF | 0.24% | 1,946,301 | $40.7M | No change |
| K Kellanova | 0.23% | 475,515 | $39.0M | Reduce -16.9% |
| APH Amphenol Corp. Class A | 0.22% | 307,018 | $38.0M | Add +0.1% |
| ETN Eaton Corp. PLC | 0.22% | 99,687 | $37.3M | Add +31.0% |
| SYK Stryker Corp. | 0.22% | 99,761 | $36.9M | Reduce -0.0% |
| WMB Williams Cos Inc. | 0.22% | 576,027 | $36.5M | Add +0.3% |
| QCOM Qualcomm Inc. | 0.21% | 215,873 | $35.9M | Reduce 0.0% |
| BLK BlackRock Inc. | 0.21% | 30,693 | $35.8M | Add +0.2% |
| HON Honeywell International Inc. | 0.21% | 167,773 | $35.3M | No change |
| LHX L3HARRIS Technologies Inc. | 0.21% | 115,251 | $35.2M | Reduce -6.9% |
| ADI Analog Devices Inc. | 0.20% | 140,990 | $34.6M | Add +10.5% |
| ANET Arista Networks Inc. | 0.20% | 236,832 | $34.5M | Reduce -26.9% |
| SBUX Starbucks Corp. | 0.20% | 405,809 | $34.3M | Add +0.2% |
| VZ Verizon Communications Inc. | 0.20% | 770,491 | $33.9M | Reduce -0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 119,870 | $33.8M | Reduce -25.2% |
| SRLN SS Blackstone Sr Loan ETF | 0.20% | 812,805 | $33.8M | No change |
| SCHW Schwab (charles) Corp. | 0.20% | 347,744 | $33.2M | No change |
Options reported separately and not counted above: SPY puts ($711.3M), QQQ puts ($414.6M), SPY calls ($362.8M), IWM calls ($150.3M), IWM puts ($140.7M), QQQ calls ($102.2M), EFA puts ($90.6M), EEM puts ($85.4M), MSFT calls ($70.7M), IBB calls ($48.2M), SHOP calls ($33.0M), SMH calls ($22.9M), and 31 more.
Other holdings (277): bonds, preferreds, convertibles and warrants · $7.8B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 227,062,000 | $417.5M | Reduce -9.3% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 78,399,000 | $251.1M | Reduce -0.0% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 3,424,571 | $238.2M | Reduce -0.2% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 155,525,000 | $213.1M | Add +24.1% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 55,286,000 | $158.5M | Reduce -7.0% |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 141,259,000 | $157.4M | Add +10.8% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 2,115,675 | $143.7M | Add +11.8% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 95,658,000 | $140.8M | Add +0.1% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 120,977,000 | $138.3M | Add +3.4% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 64,321,000 | $133.5M | Reduce -12.8% |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 125,424,000 | $122.8M | No change |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 2,127,240 | $111.4M | Add +18.4% |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 48,062,000 | $107.8M | Reduce -0.0% |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 32,626,000 | $102.6M | Reduce -13.6% |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 63,858,000 | $100.0M | New |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 1,418,721 | $99.7M | Reduce -0.1% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 92,618,000 | $99.3M | Add +2.2% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 1,679,957 | $99.2M | Add +0.1% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 106,587,000 | $99.0M | Reduce -0.1% |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 88,480,000 | $97.2M | Reduce -0.1% |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 19,788,000 | $89.8M | Reduce -20.2% |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | 68,109,000 | $84.6M | New |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 69,523,000 | $82.3M | Add +14.3% |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 1,643,534 | $81.7M | Reduce -0.1% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 89,853,000 | $80.8M | Reduce -0.0% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 76,913,000 | $79.9M | Reduce -0.3% |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 25,871,000 | $73.2M | Reduce -0.1% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 51,722,000 | $64.4M | Reduce -7.9% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 66,589,000 | $64.0M | Reduce -16.8% |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 41,297,000 | $62.7M | New |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 35,076,000 | $62.6M | Reduce -0.1% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 56,473,000 | $61.9M | Add +0.1% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 62,676,000 | $60.1M | Reduce -0.3% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 47,239,000 | $59.4M | Reduce -26.7% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 44,257,000 | $58.8M | Reduce -0.3% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 46,343,000 | $58.1M | Reduce -0.1% |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 1,053,275 | $57.9M | Add +0.2% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 58,693,000 | $57.8M | Reduce -0.1% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 62,000,000 | $57.1M | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 40,012,000 | $56.4M | Add +0.2% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 56,022,000 | $56.1M | No change |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 55,000,000 | $55.6M | Add +22.2% |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 63,846,000 | $54.9M | Reduce -0.4% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 38,526,000 | $53.4M | Add +57.2% |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 55,363,000 | $52.3M | No change |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 31,232,000 | $49.2M | Add +1.1% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 40,084,000 | $49.2M | Reduce -0.1% |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 36,673,000 | $46.8M | Add +2.9% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 49,051,000 | $46.2M | No change |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 10,043,000 | $45.0M | Reduce -0.1% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 50,000,000 | $44.5M | No change |
| NOVA LTD (NVMI 0 10/15/25) | NOTE 10/1 · principal | 10,000,000 | $42.8M | No change |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 450,844 | $42.8M | Reduce -20.1% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 44,350,000 | $42.1M | No change |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | 35,079,000 | $42.1M | Reduce -0.1% |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 38,935,000 | $41.9M | Add +8.1% |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 36,092,000 | $41.5M | No change |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 39,921,000 | $41.5M | No change |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 41,556,000 | $41.2M | Reduce -0.4% |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 41,100,000 | $40.2M | No change |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 33,750,000 | $40.1M | Reduce -8.5% |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 41,000,000 | $39.9M | No change |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 44,596,000 | $39.6M | No change |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 25,605,000 | $38.8M | Add +0.2% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 1,019,765 | $38.6M | Reduce -0.2% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 40,250,000 | $38.6M | No change |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 37,752,000 | $38.3M | No change |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 765,995 | $38.2M | Reduce -0.0% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 15,631,000 | $37.8M | Reduce -71.5% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 28,015 | $35.9M | Reduce -0.5% |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 39,715,000 | $35.6M | Add +13.8% |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 38,271,000 | $35.6M | Reduce -10.6% |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 25,737,000 | $35.5M | Add +0.3% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 32,670,000 | $33.9M | No change |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 29,963,000 | $33.5M | No change |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 29,170,000 | $33.5M | Reduce -0.2% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 33,771,000 | $33.4M | Reduce -0.7% |
| TXNM ENERGY INC (TXNM 5.75 06/01/54) | NOTE 5.750% 6/0 · principal | 24,951,000 | $32.6M | Add +3161.6% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 27,848,000 | $31.7M | Reduce -0.2% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 26,996,000 | $30.8M | Reduce -28.9% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 27,500,000 | $30.5M | No change |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 300,723 | $30.4M | Reduce -0.1% |
| Q2 HOLDINGS INC (QTWO 0.125 11/15/25) | NOTE 0.125%11/1 · principal | 30,625,000 | $30.4M | No change |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 32,811,000 | $29.9M | Reduce -42.1% |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | 30,000,000 | $29.9M | No change |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 30,000,000 | $29.5M | No change |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 29,882,000 | $29.3M | New |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 30,549,000 | $29.1M | Reduce -3.9% |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | 33,414,000 | $29.0M | Reduce -2.8% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 25,470,000 | $28.3M | No change |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | 23,715,000 | $28.2M | New |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 396,817 | $28.2M | Reduce -0.2% |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 26,030,000 | $28.0M | No change |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 26,383,000 | $28.0M | Reduce -30.8% |
| PELOTON INTERACTIVE INC (PTON 5.5 12/01/29) | NOTE 5.500%12/0 · principal | 12,534,000 | $28.0M | Reduce -0.1% |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | 100,207 | $27.2M | New |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 29,538,000 | $27.0M | Add +521.6% |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 25,000,000 | $26.6M | No change |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 27,055,000 | $26.3M | No change |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | 23,977,000 | $26.0M | New |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 20,069,000 | $25.8M | Reduce -0.1% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 15,738,000 | $25.5M | Reduce -0.9% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 25,045,000 | $25.2M | Reduce -0.1% |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 51,670,000 | $24.2M | Reduce -0.1% |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 502,739 | $23.6M | Reduce -0.1% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 25,000,000 | $23.6M | Reduce -50.3% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 17,765,000 | $22.9M | Reduce -0.6% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 23,000,000 | $22.8M | No change |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 574,070 | $22.6M | Reduce -0.2% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 20,438,000 | $22.0M | Add +0.0% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 20,617,000 | $21.7M | No change |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 24,076,000 | $21.6M | Reduce -39.8% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 20,000,000 | $20.9M | Reduce -33.3% |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 22,528,000 | $20.8M | No change |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 20,230,000 | $20.5M | No change |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 16,637,000 | $20.3M | Reduce -0.4% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 12,047,000 | $20.3M | Add +0.4% |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | 20,000,000 | $19.6M | No change |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 20,000,000 | $19.4M | No change |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | 20,000,000 | $19.2M | No change |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 17,425,000 | $19.2M | Reduce -30.9% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 13,635,000 | $19.0M | Add +9.1% |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 18,824,000 | $18.6M | Reduce -33.0% |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 17,628,000 | $18.6M | No change |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 20,000,000 | $18.2M | No change |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | 37,991,000 | $17.7M | No change |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 15,000,000 | $17.2M | No change |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | 17,466,000 | $17.1M | New |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 7,034,000 | $17.0M | Reduce -0.2% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 15,000,000 | $16.9M | Reduce -38.7% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 16,398,000 | $16.2M | No change |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 15,087,000 | $15.9M | Reduce -2.5% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 16,250,000 | $15.2M | No change |
| BOX INC (BOX 0 01/15/26) | NOTE 1/1 · principal | 12,000,000 | $15.0M | No change |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 15,000,000 | $14.9M | No change |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 15,000,000 | $14.9M | No change |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 15,000,000 | $14.6M | No change |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 19,403,000 | $14.5M | Add +11.2% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 14,223,000 | $14.4M | Reduce -6.2% |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 15,000,000 | $14.4M | No change |
| SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) | NOTE 3.500%12/0 · principal | 7,523,000 | $14.3M | Add +0.3% |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 16,000,000 | $13.9M | Reduce -0.1% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 150,000 | $13.8M | New |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 9,627,000 | $13.3M | Reduce -1.4% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 15,013,000 | $13.2M | Reduce -60.3% |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 12,500,000 | $12.5M | Reduce -0.4% |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 11,435,000 | $12.1M | Reduce -0.2% |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 11,951,000 | $12.0M | New |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 11,087,000 | $11.4M | Reduce -3.3% |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | 6,946,000 | $11.0M | No change |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | 10,000,000 | $10.8M | No change |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 10,917,000 | $10.4M | Reduce -61.7% |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 10,000,000 | $10.1M | No change |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 10,000,000 | $9.8M | No change |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 9,966,000 | $9.8M | New |
| UPWORK INC (UPWK 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 10,000,000 | $9.7M | Reduce -50.0% |
| WORKIVA INC (WK 1.125 08/15/26) | NOTE 1.125% 8/1 · principal | 8,070,000 | $9.5M | No change |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 10,000,000 | $9.1M | No change |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 7,011,000 | $9.1M | Add +16.9% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 10,000,000 | $9.1M | No change |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 8,000,000 | $9.0M | No change |
| MARA HOLDINGS INC (MARA 2.125 09/01/31) | NOTE 2.125% 9/0 · principal | 7,349,000 | $9.0M | New |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 9,500,000 | $8.9M | No change |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 8,629,000 | $8.8M | Reduce -0.2% |
| KOSMOS ENERGY LTD (KOS 3.125 03/15/30) | NOTE 3.125% 3/1 · principal | 12,250,000 | $7.9M | No change |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 6,923,000 | $7.8M | Reduce -0.4% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 5,430,000 | $7.6M | Reduce -47.7% |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | 6,500,000 | $7.6M | No change |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | 8,550,000 | $7.5M | Reduce -36.9% |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | 15,000,000 | $7.3M | No change |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 36,755,000 | $7.3M | No change |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 6,600,000 | $7.1M | No change |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 5,065,000 | $7.0M | Add +1.3% |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 7,000,000 | $6.9M | No change |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 6,000,000 | $6.7M | No change |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | 6,500,000 | $6.6M | No change |
| SPECTRUM BRANDS INC (SPB 3.375 06/01/29) | NOTE 3.375% 6/0 · principal | 7,000,000 | $6.5M | No change |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 7,500,000 | $6.4M | No change |
| WISDOMTREE INC (WT 3.25 08/15/29) | NOTE 3.250% 8/1 · principal | 4,705,000 | $6.1M | New |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 5,000,000 | $5.3M | No change |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 4,000,000 | $5.2M | No change |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | 5,000,000 | $5.1M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 5,000,000 | $4.9M | Reduce -50.0% |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 5,000,000 | $4.9M | New |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 5,000,000 | $4.7M | Reduce -44.4% |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 4,642,000 | $4.6M | No change |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 2,766,000 | $3.9M | Reduce -2.0% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 2,083 | $2.6M | Reduce -3.5% |
| CELCUITY INC (CELC 2.75 08/01/31) | NOTE 2.750% 8/0 · principal | 1,309,000 | $1.8M | New |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 1,496,000 | $1.4M | Reduce -3.4% |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | 500,000 | $1.1M | No change |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 1,004,000 | $1.0M | Reduce -26.7% |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | 462,500 | $740K | No change |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 670,000 | $704K | Reduce -12.5% |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | 1,000,000 | $621K | No change |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 471,000 | $610K | Reduce -17.2% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 365,000 | $602K | Reduce -99.1% |
| BGLWW Blue Gold Ltd. | *W EXP 04/01/203 | 1,179,322 | $540K | No change |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 250,000 | $420K | No change |
| HDRNW GIGCAPITAL7 Corp.-A - 29 | *W EXP 08/29/202 | 925,000 | $416K | No change |
Largest 200 of 277 shown.
Total filed on the 13F, all lines: $24.7B.
Portfolio Sells Q2 2025 → Q3 2025
| HES Hess Corp. | Sold out | 0.00% | −0.52 |
| AMZN Amazon.com Inc. | Reduce -2.1% | 4.17% | −0.35 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.29 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.28 |
| CMG Chipotle Mexican Grill Inc. | Reduce -49.7% | 0.13% | −0.26 |
| AMED Amedisys Inc. | Sold out | 0.00% | −0.25 |
| MSFT Microsoft Corp. | Reduce -1.5% | 6.72% | −0.24 |
| NOW ServiceNow Inc. | Reduce -12.8% | 0.61% | −0.22 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.19 |
| V Visa Inc. Class A | Reduce -0.9% | 1.45% | −0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -14.9% | 0.79% | −0.16 |
| BSX Boston Scientific Corp. | Reduce -10.6% | 0.52% | −0.16 |
| FISV Fiserv Inc. | Reduce -44.3% | 0.09% | −0.14 |
| ISRG Intuitive Surgical Inc. | Reduce -10.4% | 0.30% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -9.2% | 0.52% | −0.13 |
| LLY Eli Lilly & Co. | Reduce -1.5% | 1.24% | −0.12 |
| CP Canadian Pacific Kansas City | Reduce -64.0% | 0.06% | −0.12 |
| COOP Mr Cooper Group Inc. | Sold out | 0.00% | −0.12 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.11 |
| CHX Championx Corp. | Sold out | 0.00% | −0.11 |
| PANW Palo Alto Networks Inc. | Reduce -23.6% | 0.25% | −0.10 |
| DE Deere & Co. | Reduce -29.8% | 0.14% | −0.10 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.10 |
| IBM Intl Business Machines Corp. | Reduce -25.2% | 0.20% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -9.1% | 0.45% | −0.09 |
| SPGI S&P Global Inc. | Reduce -11.9% | 0.30% | −0.09 |
| BAC Bank of America Corp. | Reduce -14.2% | 0.69% | −0.09 |
| IPG Interpublic Group of Cos Inc. | Sold out | 0.00% | −0.09 |
| GMS GMS Inc. | Sold out | 0.00% | −0.09 |
| ASTS Ast Spacemobile Inc. | Sold out | 0.00% | −0.08 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.08 |
| EMR Emerson Electric Co. | Reduce -18.8% | 0.25% | −0.08 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.08 |
| FICO Fair Isaac Corp. | Reduce -91.3% | 0.01% | −0.07 |
| CAT Caterpillar Inc. | Reduce -30.5% | 0.28% | −0.07 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −0.07 |
| CRM Salesforce Inc. | Reduce 0.0% | 0.29% | −0.06 |
| T AT&T Inc. | Reduce -7.6% | 0.36% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -5.9% | 0.79% | −0.06 |
| WMT Walmart Inc. | Reduce -5.0% | 1.01% | −0.06 |
| MRSH Marsh & McLennan Cos | Reduce -3.1% | 0.32% | −0.06 |
| DHR Danaher Corp. | Reduce -13.9% | 0.26% | −0.06 |
| UNH Unitedhealth Group Inc. | Reduce -14.0% | 0.50% | −0.06 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -39.2% | 0.06% | −0.06 |
| K Kellanova | Reduce -16.9% | 0.23% | −0.05 |
| STZ Constellation Brands Inc. Class A | Reduce -29.3% | 0.07% | −0.05 |
| VST Vistra Corp. | Reduce -29.0% | 0.11% | −0.05 |
| TASK Taskus Inc. Class A | Sold out | 0.00% | −0.05 |
| DKNG Draftkings Inc. Class A | Reduce -42.0% | 0.05% | −0.05 |
| ADMA Adma Biologics Inc. | Reduce -75.3% | 0.01% | −0.05 |
Portfolio Buys Q2 2025 → Q3 2025
| AVGO Broadcom Inc. | Add +0.5% | 2.73% | +0.32 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +38.4% | 1.09% | +0.32 |
| GOOG Alphabet Inc. Class C | Add +0.0% | 1.38% | +0.31 |
| CVX Chevron Corp. | Add +54.6% | 0.58% | +0.21 |
| RCL Royal Caribbean Cruises Ltd. | Add +274.2% | 0.29% | +0.21 |
| NEE Nextera Energy Inc. | Add +153.2% | 0.33% | +0.20 |
| PLTR Palantir Technologies Inc. Class A | Add +4.3% | 0.74% | +0.18 |
| JNJ Johnson & Johnson | Add +11.9% | 0.70% | +0.15 |
| CYBR Cyberark Software Ltd./Israel | Add +484.1% | 0.18% | +0.15 |
| TGNA Tegna Inc. | New | 0.14% | +0.14 |
| UNP Union Pacific Corp. | Add +53.4% | 0.40% | +0.13 |
| IBB iShares Biotechnology ETF | New | 0.12% | +0.12 |
| TMO Thermo Fisher Scientific Inc. | Add +22.9% | 0.42% | +0.12 |
| GTLS Chart Industries Inc. | New | 0.11% | +0.11 |
| TXN Texas Instruments Inc. | Add +99.3% | 0.25% | +0.10 |
| MP MP Materials Corp. | New | 0.10% | +0.10 |
| APP AppLovin Corp. Class A | Add +138.5% | 0.12% | +0.09 |
| GS Goldman Sachs Group Inc. | Add +6.8% | 0.78% | +0.09 |
| JHX James Hardie Ind PLC | New | 0.09% | +0.09 |
| SLB SLB Ltd. | Add +134.0% | 0.16% | +0.09 |
| MU Micron Technology Inc. | Add +0.1% | 0.39% | +0.09 |
| EA Electronic Arts Inc. | New | 0.08% | +0.08 |
| INTC Intel Corp. | Add +23.2% | 0.18% | +0.08 |
| HD Home Depot Inc. | Add +8.1% | 0.67% | +0.07 |
| MDT Medtronic PLC | Add +27.9% | 0.30% | +0.07 |
| SNPS Synopsys Inc. | Add +54.3% | 0.25% | +0.07 |
| CELH Celsius Holdings Inc. | Add +273.5% | 0.09% | +0.07 |
| UAL United Airlines Holdings Inc. | Add +43.7% | 0.18% | +0.07 |
| NSC Norfolk Southern Corp. | Add +10.5% | 0.38% | +0.07 |
| LRCX Lam Research Corp. | Add +0.3% | 0.27% | +0.06 |
| DASH DoorDash Inc. Class A | Add +15.7% | 0.32% | +0.05 |
| SPOT Spotify Technology SA | Add +48.1% | 0.24% | +0.05 |
| ETN Eaton Corp. PLC | Add +31.0% | 0.22% | +0.05 |
| GE General Electric | Add +0.2% | 0.50% | +0.05 |
| SHW The Sherwin-Williams Co. | Add +21.4% | 0.35% | +0.05 |
| NKE Nike Inc. Class B | Add +49.9% | 0.17% | +0.05 |
| PWR Quanta Services Inc. | Add +17.1% | 0.26% | +0.04 |
| CIEN Ciena Corp. | Add +191.8% | 0.06% | +0.04 |
| LOW Lowe's Cos Inc. | Add +3.4% | 0.43% | +0.04 |
| UBER Uber Technologies Inc. | Add +10.3% | 0.47% | +0.04 |
| RTX RTX Corp. | Add +0.2% | 0.51% | +0.04 |
| DDOG Datadog Inc. Class A | Add +37.7% | 0.13% | +0.04 |
| C Citigroup Inc. | Add +0.2% | 0.32% | +0.04 |
| APH Amphenol Corp. Class A | Add +0.1% | 0.22% | +0.03 |
| MPC Marathon Petroleum Corp. | Add +0.3% | 0.38% | +0.03 |
| JCI Johnson Controls Internation | Add +30.5% | 0.15% | +0.03 |
| TJX TJX Companies Inc. | Add +0.1% | 0.31% | +0.03 |
| CLS Celestica Inc. | Add +59.2% | 0.05% | +0.03 |
| VNMEU Vendome Acquisition Corp. I | New | 0.03% | +0.03 |
| FTI Technipfmc PLC | Add +52.9% | 0.07% | +0.03 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -24.2% | 1,151,300 | $711.3M |
| QQQ Invesco QQQ Trust Series 1 | put | Add +158.3% | 751,500 | $414.6M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -18.7% | 587,200 | $362.8M |
| IWM iShares Russell 2000 ETF | call | Reduce -5.6% | 696,300 | $150.3M |
| IWM iShares Russell 2000 ETF | put | Reduce -0.1% | 651,900 | $140.7M |
| QQQ Invesco QQQ Trust Series 1 | call | Reduce -6.7% | 185,300 | $102.2M |
| EFA iShares MSCI Eafe ETF | put | New | 1,013,700 | $90.6M |
| EEM iShares MSCI Emerging Market | put | New | 1,769,500 | $85.4M |
| MSFT Microsoft Corp. | call | Add +6359.1% | 142,100 | $70.7M |
| EFA iShares MSCI Eafe ETF | call | Sold out | 700,000 | $57.2Mbefore exit |
| IBB iShares Biotechnology ETF | call | New | 381,200 | $48.2M |
| TLT iShares 20+ Year Treasury BD | put | Sold out | 398,000 | $36.2Mbefore exit |
| UNH Unitedhealth Group Inc. | call | Sold out | 67,300 | $35.2Mbefore exit |
| SHOP Shopify Inc. Class A | call | Add +450.4% | 286,200 | $33.0M |
| SMH Vaneck Semiconductor ETF | call | New | 82,000 | $22.9M |
| TSLA Tesla Inc. | call | Add +5490.0% | 55,900 | $17.8M |
| SWTX Springworks Therapeutics Inc. | call | Sold out | 318,500 | $14.1Mbefore exit |
| BSX Boston Scientific Corp. | call | Sold out | 138,500 | $14.0Mbefore exit |
| AMZN Amazon.com Inc. | put | Sold out | 61,400 | $11.7Mbefore exit |
| FLUT Flutter Entertainment PLC-Di | call | Sold out | 50,600 | $11.2Mbefore exit |
| NVDA Nvidia Corp. | call | Reduce -65.6% | 54,000 | $8.5M |
| TMO Thermo Fisher Scientific Inc. | put | Sold out | 16,000 | $8.0Mbefore exit |
| ODD Oddity Tech Ltd. Class A | call | Add +23.3% | 103,100 | $7.8M |
| AMD Advanced Micro Devices | put | New | 54,000 | $7.7M |
| AZN Astrazeneca PLC-Spons ADR | call | New | 105,600 | $7.4M |
| FCX Freeport-McMoran Inc. | call | Sold out | 188,900 | $7.2Mbefore exit |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | call | Add +116.8% | 72,400 | $7.1M |
| UBER Uber Technologies Inc. | call | New | 75,000 | $7.0M |
| ORCL Oracle Corp. | put | Sold out | 45,500 | $6.4Mbefore exit |
| FLEX Flex Ltd. | put | Sold out | 156,500 | $5.2Mbefore exit |
| TSM Taiwan Semiconductor-SP ADR | call | Reduce -47.5% | 20,200 | $4.6M |
| NVO Novo-Nordisk A/S-Spons ADR | call | New | 64,800 | $4.5M |
| ABBV Abbvie Inc. | put | Sold out | 20,400 | $4.3Mbefore exit |
| MRK Merck & Co. Inc. | call | Sold out | 41,000 | $3.7Mbefore exit |
| APTV Aptiv PLC | put | Sold out | 60,700 | $3.6Mbefore exit |
| ASTS Ast Spacemobile Inc. | put | Sold out | 144,500 | $3.3Mbefore exit |
| TM Toyota Motor Corp. -Spon ADR | put | Sold out | 18,600 | $3.3Mbefore exit |
| TME Tencent Music Entertainm-ADR | call | Add +9.6% | 167,000 | $3.3M |
| CLS Celestica Inc. | call | Sold out | 38,300 | $3.0Mbefore exit |
| NFLX Netflix Inc. | call | Add +100.0% | 2,000 | $2.7M |
| BABA Alibaba Group Holding-SP ADR | call | New | 22,800 | $2.6M |
| EMBJ Embraer SA-Spon ADR | call | New | 44,200 | $2.5M |
| TSLA Tesla Inc. | put | Sold out | 8,500 | $2.2Mbefore exit |
| AAPL Apple Inc. | call | Reduce -66.7% | 10,000 | $2.1M |
| COST Costco Wholesale Corp. | call | Add +100.0% | 2,000 | $2.0M |
| VALE Vale SA-SP ADR | call | New | 190,800 | $1.9M |
| PSMT Pricesmart Inc. | call | Sold out | 20,900 | $1.8Mbefore exit |
| GOOGL Alphabet Inc. Class A | call | Add +100.0% | 10,000 | $1.8M |
| AMZN Amazon.com Inc. | call | Add +100.0% | 8,000 | $1.8M |
| AVGO Broadcom Inc. | call | Add +90.9% | 6,300 | $1.7M |
Showing the first 50 of 60.
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
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Reduce -9.3% | 227,062,000 | $417.5M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Reduce -0.0% | 78,399,000 | $251.1M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Reduce -0.2% | 3,424,571 | $238.2M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +24.1% | 155,525,000 | $213.1M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Reduce -7.0% | 55,286,000 | $158.5M |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | Add +10.8% | 141,259,000 | $157.4M |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Add +11.8% | 2,115,675 | $143.7M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +0.1% | 95,658,000 | $140.8M |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Add +3.4% | 120,977,000 | $138.3M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Reduce -12.8% | 64,321,000 | $133.5M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Add +18.4% | 2,127,240 | $111.4M |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | Reduce -0.0% | 48,062,000 | $107.8M |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Reduce -13.6% | 32,626,000 | $102.6M |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | New | 63,858,000 | $100.0M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -0.1% | 1,418,721 | $99.7M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Add +2.2% | 92,618,000 | $99.3M |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Add +0.1% | 1,679,957 | $99.2M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Reduce -0.1% | 106,587,000 | $99.0M |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | Reduce -0.1% | 88,480,000 | $97.2M |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | Reduce -20.2% | 19,788,000 | $89.8M |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | New | 68,109,000 | $84.6M |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | Add +14.3% | 69,523,000 | $82.3M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Reduce -0.1% | 1,643,534 | $81.7M |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Reduce -0.0% | 89,853,000 | $80.8M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Reduce -0.3% | 76,913,000 | $79.9M |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Reduce -0.1% | 25,871,000 | $73.2M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Reduce -7.9% | 51,722,000 | $64.4M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Reduce -16.8% | 66,589,000 | $64.0M |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | New | 41,297,000 | $62.7M |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | Reduce -0.1% | 35,076,000 | $62.6M |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | Add +0.1% | 56,473,000 | $61.9M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Reduce -0.3% | 62,676,000 | $60.1M |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Reduce -26.7% | 47,239,000 | $59.4M |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Reduce -0.3% | 44,257,000 | $58.8M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Reduce -0.1% | 46,343,000 | $58.1M |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | Add +0.2% | 1,053,275 | $57.9M |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Reduce -0.1% | 58,693,000 | $57.8M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Add +0.2% | 40,012,000 | $56.4M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Add +22.2% | 55,000,000 | $55.6M |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | Reduce -0.4% | 63,846,000 | $54.9M |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Add +57.2% | 38,526,000 | $53.4M |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | Add +1.1% | 31,232,000 | $49.2M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | Reduce -0.1% | 40,084,000 | $49.2M |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | Add +2.9% | 36,673,000 | $46.8M |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Reduce -0.1% | 10,043,000 | $45.0M |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | Sold out | 6,934,000 | $43.8Mbefore exit |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Sold out | 1,098,389 | $43.6Mbefore exit |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | Reduce -20.1% | 450,844 | $42.8M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | Reduce -0.1% | 35,079,000 | $42.1M |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | Add +8.1% | 38,935,000 | $41.9M |
Showing the first 50 of 168.
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 |