Calamos Advisors LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Calamos Advisors LLC reported 611 stock positions worth $16.9 billion. Its top holding was Nvidia (NVDA) at 8.0% of the portfolio, followed by Apple (AAPL, 6.4%) and Microsoft (MSFT, 6.1%). Compared with Q3 2025, it opened 87 new positions, sold out of 76, added to 159 and reduced 301. The biggest buy was Alphabet Class A (GOOGL, shares +2%) and the biggest sale Microsoft (MSFT, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- NAPERVILLE, IL
- CIK
- 0001316507
- Portfolio Value
- $16.9B (Q4 2025)
- SEC Filing
- 0001316507-26-000001 ↗ filed Jan 29, 2026
Holdings Value
Holdings 611 stocks · $16.9B
| NVDA Nvidia Corp. | 7.97% | 7,214,896 | $1.3B | Reduce -3.5% |
| AAPL Apple Inc. | 6.40% | 3,975,058 | $1.1B | Reduce -2.5% |
| MSFT Microsoft Corp. | 6.09% | 2,128,249 | $1.0B | Reduce -3.1% |
| AMZN Amazon.com Inc. | 4.29% | 3,140,363 | $724.9M | Reduce -2.3% |
| GOOGL Alphabet Inc. Class A | 4.23% | 2,285,067 | $715.2M | Add +2.0% |
| AVGO Broadcom Inc. | 2.84% | 1,383,914 | $479.0M | Reduce -1.2% |
| META Meta Platforms Inc. Class A | 2.59% | 663,151 | $437.7M | Reduce -2.3% |
| TSLA Tesla Inc. | 2.13% | 798,431 | $359.1M | Add +3.5% |
| LLY Eli Lilly & Co. | 1.73% | 272,554 | $292.9M | Reduce -0.6% |
| GOOG Alphabet Inc. Class C | 1.72% | 924,074 | $290.0M | Reduce -3.9% |
| V Visa Inc. Class A | 1.45% | 698,009 | $244.8M | Reduce -2.7% |
| JPM JPMorgan Chase & Co. | 1.36% | 713,195 | $229.8M | Reduce -4.2% |
| WMT Walmart Inc. | 0.98% | 1,478,905 | $164.8M | Reduce -10.6% |
| WFC Wells Fargo & Co. | 0.96% | 1,745,144 | $162.6M | Reduce -2.1% |
| NFLX Netflix Inc. | 0.89% | 1,608,090 | $150.8M | Reduce -9.3% |
| GS Goldman Sachs Group Inc. | 0.89% | 170,397 | $149.8M | Add +2.9% |
| XOM Exxon Mobil Corp. | 0.84% | 1,174,576 | $141.3M | Reduce -1.3% |
| MA Mastercard Inc. Class A | 0.81% | 240,682 | $137.4M | Reduce -2.5% |
| JNJ Johnson & Johnson | 0.80% | 650,750 | $134.7M | Add +1.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.77% | 257,121 | $129.2M | Reduce -3.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.75% | 2,317,578 | $127.5M | Add +2.4% |
| MU Micron Technology Inc. | 0.67% | 398,748 | $113.8M | Add +0.8% |
| PLTR Palantir Technologies Inc. Class A | 0.64% | 609,519 | $108.3M | Reduce -11.7% |
| ABBV Abbvie Inc. | 0.63% | 466,290 | $106.5M | Add +3.4% |
| TMO Thermo Fisher Scientific Inc. | 0.58% | 169,900 | $98.4M | Add +15.0% |
| CVX Chevron Corp. | 0.55% | 614,108 | $93.6M | Reduce -3.4% |
| HD Home Depot Inc. | 0.55% | 270,784 | $93.2M | Reduce -2.7% |
| PM Philip Morris International | 0.53% | 559,721 | $89.8M | Reduce -1.0% |
| RTX RTX Corp. | 0.53% | 485,264 | $89.0M | Reduce -6.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.53% | 130,267 | $88.8M | Reduce -53.0% |
| CSCO Cisco Systems Inc. | 0.52% | 1,130,206 | $87.1M | Reduce -2.9% |
| INTU Intuit Inc. | 0.51% | 130,688 | $86.6M | Add +13.2% |
| GEV GE Vernova Inc. | 0.51% | 131,910 | $86.2M | Reduce -9.3% |
| GE General Electric filed as GE AEROSPACE | 0.50% | 275,559 | $84.9M | Reduce -2.5% |
| LIN Linde PLC | 0.50% | 198,178 | $84.5M | Reduce -16.4% |
| ORCL Oracle Corp. | 0.50% | 429,286 | $83.7M | Reduce -33.6% |
| BSX Boston Scientific Corp. | 0.49% | 871,657 | $83.1M | Reduce -2.5% |
| AMD Advanced Micro Devices | 0.47% | 371,183 | $79.5M | Add +4.8% |
| UNH Unitedhealth Group Inc. | 0.47% | 239,803 | $79.2M | Reduce -2.9% |
| MS Morgan Stanley | 0.47% | 444,534 | $78.9M | Reduce -8.0% |
| ISRG Intuitive Surgical Inc. | 0.46% | 135,737 | $76.9M | Add +20.0% |
| LOW Lowe's Cos Inc. | 0.46% | 318,739 | $76.9M | Add +9.1% |
| C Citigroup Inc. | 0.45% | 651,888 | $76.1M | Add +23.6% |
| COST Costco Wholesale Corp. | 0.45% | 88,093 | $76.0M | Reduce -7.9% |
| MRK Merck & Co. Inc. | 0.45% | 719,806 | $75.8M | Add +41.1% |
| AXP American Express Co. | 0.44% | 199,599 | $73.8M | Reduce -2.0% |
| CRM Salesforce Inc. | 0.43% | 276,780 | $73.3M | Add +35.0% |
| NOW ServiceNow Inc. | 0.43% | 470,517 | $72.1M | Reduce -15.6% |
| BKNG Booking Holdings Inc. | 0.41% | 12,922 | $69.2M | Reduce -13.3% |
| PG The Procter & Gamble Co. | 0.41% | 481,445 | $69.0M | Reduce -2.6% |
| KO The Coca-Cola Co. | 0.40% | 971,974 | $68.0M | Reduce -2.4% |
| SPGI S&P Global Inc. | 0.38% | 122,648 | $64.1M | Add +15.8% |
| UBER Uber Technologies Inc. | 0.38% | 781,330 | $63.8M | Reduce -3.8% |
| UNP Union Pacific Corp. | 0.38% | 275,352 | $63.7M | Reduce -3.0% |
| ABT Abbott Laboratories | 0.37% | 501,683 | $62.9M | Reduce -1.7% |
| LRCX Lam Research Corp. | 0.37% | 366,417 | $62.7M | Add +8.9% |
| NSC Norfolk Southern Corp. | 0.36% | 212,722 | $61.4M | Reduce -0.7% |
| CSX CSX Corp. | 0.36% | 1,691,627 | $61.3M | Add +34.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.35% | 519,957 | $59.2M | Reduce -16.4% |
| NEE Nextera Energy Inc. | 0.35% | 735,937 | $59.1M | Reduce -1.5% |
| SHW The Sherwin-Williams Co. | 0.35% | 180,602 | $58.5M | Add +5.4% |
| DHR Danaher Corp. | 0.33% | 243,698 | $55.8M | Add +9.0% |
| AMAT Applied Materials Inc. | 0.33% | 216,746 | $55.7M | Add +34.5% |
| MDT Medtronic PLC | 0.33% | 577,837 | $55.5M | Add +7.4% |
| BA The Boeing Co. | 0.33% | 254,535 | $55.3M | Reduce -14.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.32% | 357,054 | $54.8M | Reduce -2.5% |
| CAT Caterpillar Inc. | 0.32% | 95,705 | $54.8M | Reduce -3.8% |
| MCD McDonald's Corp. | 0.32% | 176,538 | $54.0M | Reduce -2.6% |
| MPC Marathon Petroleum Corp. | 0.30% | 313,204 | $50.9M | Reduce -6.8% |
| CB Chubb Ltd. | 0.30% | 161,014 | $50.3M | Reduce -18.7% |
| SNPS Synopsys Inc. | 0.30% | 106,841 | $50.2M | Add +23.2% |
| PFE Pfizer Inc. | 0.28% | 1,919,276 | $47.8M | Add +3.2% |
| BKLN Invesco Senior Loan ETF | 0.28% | 2,247,351 | $47.2M | Add +15.5% |
| FCX Freeport-McMoran Inc. | 0.28% | 927,380 | $47.1M | Add +13.4% |
| COF Capital One Financial Corp. | 0.28% | 194,301 | $47.1M | Reduce -2.1% |
| KVUE Kenvue Inc. | 0.28% | 2,700,000 | $46.6M | New |
| TMUS T-Mobile US Inc. | 0.27% | 225,026 | $45.7M | Reduce -12.4% |
| PWR Quanta Services Inc. | 0.26% | 103,112 | $43.5M | Reduce -2.2% |
| CYBR Cyberark Software Ltd./Israel | 0.26% | 97,152 | $43.3M | Add +54.3% |
| ADI Analog Devices Inc. | 0.25% | 158,057 | $42.9M | Add +12.1% |
| T AT&T Inc. | 0.25% | 1,724,569 | $42.8M | Reduce -19.1% |
| EMR Emerson Electric Co. | 0.25% | 321,914 | $42.7M | Reduce -2.1% |
| WM Waste Management Inc. | 0.25% | 193,919 | $42.6M | Reduce -30.5% |
| IQV Iqvia Holdings Inc. | 0.25% | 188,707 | $42.5M | Add +268.1% |
| GM General Motors Co. | 0.25% | 520,155 | $42.3M | Reduce -2.1% |
| APH Amphenol Corp. Class A | 0.24% | 300,354 | $40.6M | Reduce -2.2% |
| SYK Stryker Corp. | 0.23% | 112,881 | $39.7M | Add +13.2% |
| DASH DoorDash Inc. Class A | 0.23% | 171,886 | $38.9M | Reduce -14.5% |
| RCL Royal Caribbean Cruises Ltd. | 0.22% | 131,653 | $36.7M | Reduce -14.5% |
| PANW Palo Alto Networks Inc. | 0.22% | 199,253 | $36.7M | Reduce -3.1% |
| ETN Eaton Corp. PLC | 0.22% | 114,870 | $36.6M | Add +15.2% |
| QCOM Qualcomm Inc. | 0.21% | 207,450 | $35.5M | Reduce -3.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.21% | 115,404 | $35.1M | Reduce -0.8% |
| INTC Intel Corp. | 0.20% | 935,892 | $34.5M | Add +3.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 115,326 | $34.2M | Reduce -3.8% |
| WMB Williams Cos Inc. | 0.20% | 567,209 | $34.1M | Reduce -1.5% |
| CVS CVS Health Corp. | 0.20% | 424,683 | $33.7M | Add +92.6% |
| SRLN SS Blackstone Sr Loan ETF | 0.20% | 812,805 | $33.5M | No change |
| SBUX Starbucks Corp. | 0.20% | 397,896 | $33.5M | Reduce -1.9% |
| SCHW Schwab (charles) Corp. | 0.20% | 334,174 | $33.4M | Reduce -3.9% |
Options reported separately and not counted above: SPY puts ($617.1M), SPY calls ($406.6M), QQQ puts ($404.3M), IWM calls ($138.4M), IWM puts ($122.7M), QQQ calls ($106.2M), NFLX calls ($102.5M), EEM puts ($94.5M), IBB calls ($57.5M), EFA puts ($47.2M), SMH calls ($26.8M), NVDA calls ($18.1M), and 29 more.
Other holdings (272): bonds, preferreds, convertibles and warrants · $7.4B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 76,409,000 | $350.6M | Reduce -2.5% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 192,109,000 | $298.7M | Reduce -15.4% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 3,109,660 | $214.8M | Reduce -9.2% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 143,410,000 | $163.3M | Reduce -7.8% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 131,729,000 | $144.7M | Add +8.9% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 61,665,000 | $141.8M | Reduce -4.1% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 136,539,000 | $140.8M | Add +47.4% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 40,961,000 | $137.6M | Reduce -25.9% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 1,888,658 | $126.0M | Reduce -10.7% |
| SOUTHERN CO (SO 7.125 12/15/28 A) | UNIT 12/15/2028 | 2,485,706 | $125.2M | New |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 125,424,000 | $124.3M | No change |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 93,878,000 | $122.0M | Reduce -1.9% |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 88,553,000 | $113.4M | Add +0.1% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 2,114,902 | $109.6M | Reduce -0.6% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 106,587,000 | $101.2M | No change |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 66,322,000 | $98.9M | Add +60.6% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 1,684,603 | $98.2M | Add +0.3% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 76,900,000 | $97.1M | Reduce -0.0% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 1,270,138 | $95.9M | Reduce -10.5% |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 69,606,000 | $86.5M | Add +0.1% |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | 83,468,000 | $83.6M | New |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 1,640,609 | $82.7M | Reduce -0.2% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 89,846,000 | $82.3M | Reduce -0.0% |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | 71,123,000 | $77.6M | Add +4.4% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 61,614,000 | $75.2M | Add +33.0% |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | 90,836,000 | $74.9M | New |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 1,236,486 | $73.4M | Add +21.3% |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | 79,365,000 | $73.3M | New |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 43,482,000 | $71.4M | Add +12.9% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 62,000,000 | $69.7M | No change |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 61,538,000 | $66.0M | Add +9.0% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 12,249,000 | $65.2M | Reduce -21.6% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 66,589,000 | $64.5M | No change |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 66,087,000 | $63.8M | Add +12.6% |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | 56,078,000 | $61.8M | New |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 51,713,000 | $60.7M | Reduce -0.0% |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 38,838,000 | $60.2M | Reduce -39.2% |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 59,062,000 | $59.2M | Add +51.7% |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | 43,715,000 | $58.4M | Add +84.3% |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 1,056,526 | $58.3M | Add +0.3% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 44,296,000 | $56.3M | Add +0.1% |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 63,833,000 | $56.0M | Reduce -0.0% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 56,022,000 | $55.8M | No change |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | 141,618 | $51.8M | Add +41.3% |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 11,009,000 | $51.0M | Reduce -44.4% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 49,700,000 | $50.0M | Reduce -20.7% |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | 51,449,000 | $49.7M | New |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 49,901,000 | $49.4M | Add +1.7% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 55,000,000 | $49.2M | No change |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 47,132,000 | $48.5M | Reduce -0.2% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 40,342,000 | $47.2M | Add +0.6% |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 41,580,000 | $45.2M | Add +0.1% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 12,058,000 | $44.7M | Add +0.1% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 50,000,000 | $44.7M | No change |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 38,922,000 | $44.5M | Add +15.3% |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 35,630,000 | $43.9M | Reduce -2.8% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 25,617,000 | $42.9M | Add +0.1% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 44,350,000 | $42.9M | No change |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 39,921,000 | $42.4M | No change |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 10,060,000 | $41.5M | Add +0.2% |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 41,100,000 | $40.7M | No change |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 41,000,000 | $40.4M | No change |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | 35,124,000 | $39.8M | Add +0.1% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 767,828 | $39.8M | Add +0.2% |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 35,000,000 | $39.1M | Reduce -0.2% |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 42,144,000 | $38.0M | Reduce -5.5% |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 301,084 | $38.0M | Add +0.1% |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 36,092,000 | $36.6M | No change |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 451,296 | $36.1M | Add +0.1% |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 39,538,000 | $35.6M | Add +33.9% |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 29,963,000 | $35.5M | No change |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 25,833,000 | $35.4M | Reduce -0.1% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 27,996 | $35.1M | Reduce -0.1% |
| TXNM ENERGY INC (TXNM 5.75 06/01/54) | NOTE 5.750% 6/0 · principal | 24,961,000 | $33.6M | Add +0.0% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 33,736,000 | $33.5M | Reduce -0.1% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 27,868,000 | $33.3M | Add +0.1% |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | 31,441,000 | $33.2M | New |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 32,670,000 | $33.0M | No change |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 26,000,000 | $33.0M | Reduce -45.9% |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 31,008,000 | $32.0M | Reduce -0.7% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 26,383,000 | $30.6M | No change |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 32,787,000 | $30.2M | Reduce -0.1% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 29,882,000 | $29.6M | No change |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 30,363,000 | $29.6M | Reduce -45.2% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 30,549,000 | $29.3M | No change |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 20,090,000 | $28.5M | Add +0.1% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 25,598,000 | $28.1M | Add +0.5% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 27,500,000 | $27.5M | No change |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 26,107,000 | $27.2M | Add +0.3% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 27,055,000 | $26.5M | No change |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 17,701,000 | $25.1M | Reduce -0.4% |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 503,936 | $24.6M | Add +0.2% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 24,998,000 | $24.2M | Reduce -0.2% |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 25,000,000 | $24.1M | No change |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 23,168,000 | $23.8M | New |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 575,218 | $23.6M | Add +0.2% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 23,000,000 | $22.8M | No change |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 15,423,000 | $22.5M | Reduce -2.0% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 20,408,000 | $22.2M | Reduce -0.1% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 24,076,000 | $22.0M | No change |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 13,209,000 | $21.0M | Reduce -48.7% |
| PELOTON INTERACTIVE INC (PTON 5.5 12/01/29) | NOTE 5.500%12/0 · principal | 12,546,000 | $20.9M | Add +0.1% |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 20,230,000 | $20.8M | No change |
| SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) | NOTE 3.500%12/0 · principal | 7,531,000 | $20.8M | Add +0.1% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 20,000,000 | $20.3M | No change |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 20,000,000 | $20.0M | Reduce -33.3% |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | 20,000,000 | $19.8M | No change |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 20,000,000 | $19.5M | No change |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | 20,000,000 | $19.1M | No change |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 20,000,000 | $18.5M | No change |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 7,049,000 | $17.9M | Add +0.2% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 17,335,000 | $17.6M | Reduce -0.5% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 15,082,000 | $17.3M | Reduce -0.0% |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | 18,483,000 | $17.2M | Reduce -22.9% |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | 17,466,000 | $16.6M | No change |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 15,983,000 | $16.6M | Add +12.4% |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 14,942,000 | $16.4M | Add +3526.7% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 16,398,000 | $16.4M | No change |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 15,000,000 | $16.2M | No change |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 17,628,000 | $16.1M | No change |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 17,465,000 | $15.9M | Reduce -56.0% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 200,000 | $15.8M | Add +33.3% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 11,726,000 | $15.6M | Reduce -70.7% |
| COGENT BIOSCIENCES INC (COGT 1.625 11/15/31) | NOTE 1.625%11/1 · principal | 13,199,000 | $15.5M | New |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 16,250,000 | $15.5M | No change |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 15,000,000 | $15.2M | No change |
| ALIGNMENT HEALTHCARE (ALHC 4.25 11/15/29) | NOTE 4.250%11/1 · principal | 9,892,000 | $15.0M | New |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 15,000,000 | $14.9M | No change |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 15,000,000 | $14.8M | No change |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 15,000,000 | $14.8M | No change |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | 13,197,000 | $14.7M | New |
| BOX INC (BOX 0 01/15/26) | NOTE 1/1 · principal | 12,000,000 | $14.1M | No change |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 16,000,000 | $14.0M | No change |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 15,000,000 | $13.5M | Reduce -0.1% |
| MARA HOLDINGS INC (MARA 0 03/01/30) | NOTE 3/0 · principal | 17,000,000 | $13.5M | New |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 12,752,000 | $13.1M | Reduce -66.2% |
| RAMACO RESOURCES INC (METC 0 11/01/31) | NOTE 11/0 · principal | 15,000,000 | $12.7M | New |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 12,500,000 | $12.4M | No change |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 11,951,000 | $11.7M | No change |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 10,607,000 | $11.3M | Reduce -92.5% |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 11,361,000 | $11.3M | Reduce -0.7% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 9,577,000 | $10.8M | Reduce -0.5% |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | 10,000,000 | $10.7M | No change |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 10,000,000 | $10.4M | Reduce -55.6% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 10,902,000 | $10.3M | Reduce -0.1% |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 10,000,000 | $10.2M | No change |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 10,000,000 | $10.2M | No change |
| UPWORK INC (UPWK 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 10,000,000 | $9.8M | No change |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 10,000,000 | $9.5M | Reduce -75.2% |
| WORKIVA INC (WK 1.125 08/15/26) | NOTE 1.125% 8/1 · principal | 8,070,000 | $9.4M | No change |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 10,000,000 | $9.2M | No change |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 10,000,000 | $9.0M | No change |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | 8,550,000 | $8.7M | No change |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 8,629,000 | $8.5M | No change |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 7,060,000 | $8.5M | Add +0.7% |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | 6,829,000 | $7.7M | New |
| SYNAPTICS INC (SYNA 0.75 12/01/31) | NOTE 0.750%12/0 · principal | 7,000,000 | $7.4M | New |
| 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 | 5,082,000 | $7.1M | Add +0.3% |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 7,000,000 | $7.0M | No change |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | 6,500,000 | $6.8M | No change |
| SPECTRUM BRANDS INC (SPB 3.375 06/01/29) | NOTE 3.375% 6/0 · principal | 7,000,000 | $6.6M | No change |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 7,500,000 | $6.6M | No change |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | 6,500,000 | $6.6M | No change |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 6,000,000 | $6.3M | No change |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 5,747,000 | $6.2M | Reduce -80.3% |
| MARA HOLDINGS INC (MARA 2.125 09/01/31) | NOTE 2.125% 9/0 · principal | 7,000,000 | $5.7M | Reduce -4.8% |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | 3,331,000 | $5.7M | Reduce -52.0% |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 5,000,000 | $5.6M | No change |
| WISDOMTREE INC (WT 3.25 08/15/29) | NOTE 3.250% 8/1 · principal | 4,619,000 | $5.6M | Reduce -1.8% |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 5,000,000 | $5.2M | No change |
| BEYOND MEAT INC (BYND 7 10/15/30) | DEBT 10/1 · principal | 6,472,000 | $5.0M | New |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 5,000,000 | $4.9M | No change |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 5,024,000 | $4.9M | Reduce -73.3% |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 5,000,000 | $4.8M | No change |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | 5,000,000 | $4.7M | No change |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 4,000,000 | $4.6M | No change |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 4,642,000 | $4.6M | No change |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | 15,000,000 | $4.3M | No change |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 2,825,000 | $4.2M | Add +2.1% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 1,169,000 | $3.3M | Reduce -91.4% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 3,063,000 | $3.2M | Reduce -88.7% |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | 2,914,000 | $2.6M | Reduce -91.3% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 2,083 | $2.5M | No change |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 2,058,000 | $1.7M | Reduce -89.4% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 1,339,000 | $1.4M | Reduce -10.5% |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 1,133,000 | $1.3M | Add +12.8% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 493,000 | $931K | Reduce -90.9% |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | 462,500 | $828K | No change |
| SHMDW Schmid Group NV -28 | *W EXP 04/30/202 | 459,150 | $712K | No change |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 664,000 | $668K | Reduce -0.9% |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | 520,000 | $566K | New |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 372,000 | $549K | Add +1.9% |
| BGLWW Blue Gold Ltd. | *W EXP 04/01/203 | 1,179,322 | $519K | No change |
| HDRNW GIGCAPITAL7 Corp.-A - 29 | *W EXP 08/29/202 | 925,000 | $379K | No change |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | 1,000,000 | $371K | No change |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 94,926 | $286K | New |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 500,000 | $205K | No change |
| NUAIW New Era Helium Inc. -29 | *W EXP 12/06/202 | 250,000 | $205K | No change |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 250,000 | $200K | No change |
Largest 200 of 272 shown.
Total filed on the 13F, all lines: $24.3B.
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -3.1% | 6.09% | −0.63 |
| ORCL Oracle Corp. | Reduce -33.6% | 0.50% | −0.58 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -53.0% | 0.53% | −0.56 |
| NFLX Netflix Inc. | Reduce -9.3% | 0.89% | −0.36 |
| META Meta Platforms Inc. Class A | Reduce -2.3% | 2.59% | −0.35 |
| NVDA Nvidia Corp. | Reduce -3.5% | 7.97% | −0.27 |
| K Kellanova | Sold out | 0.00% | −0.23 |
| NOW ServiceNow Inc. | Reduce -15.6% | 0.43% | −0.18 |
| MRSH Marsh & McLennan Cos | Reduce -50.8% | 0.14% | −0.17 |
| LIN Linde PLC | Reduce -16.4% | 0.50% | −0.16 |
| TXN Texas Instruments Inc. | Reduce -51.7% | 0.12% | −0.14 |
| HD Home Depot Inc. | Reduce -2.7% | 0.55% | −0.11 |
| WM Waste Management Inc. | Reduce -30.5% | 0.25% | −0.11 |
| PLTR Palantir Technologies Inc. Class A | Reduce -11.7% | 0.64% | −0.10 |
| T AT&T Inc. | Reduce -19.1% | 0.25% | −0.10 |
| SPOT Spotify Technology SA | Reduce -27.1% | 0.15% | −0.10 |
| MELI MercadoLibre Inc. | Reduce -94.4% | 0.00% | −0.09 |
| TMUS T-Mobile US Inc. | Reduce -12.4% | 0.27% | −0.09 |
| DASH DoorDash Inc. Class A | Reduce -14.5% | 0.23% | −0.09 |
| UBER Uber Technologies Inc. | Reduce -3.8% | 0.38% | −0.09 |
| CELH Celsius Holdings Inc. | Reduce -88.0% | 0.01% | −0.08 |
| MP MP Materials Corp. | Reduce -78.7% | 0.02% | −0.08 |
| MPC Marathon Petroleum Corp. | Reduce -6.8% | 0.30% | −0.08 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.08 |
| TDG Transdigm Group Inc. | Sold out | 0.00% | −0.08 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -14.5% | 0.22% | −0.08 |
| ANET Arista Networks Inc. | Reduce -29.9% | 0.13% | −0.07 |
| COST Costco Wholesale Corp. | Reduce -7.9% | 0.45% | −0.07 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.07 |
| DDOG Datadog Inc. Class A | Reduce -52.0% | 0.06% | −0.07 |
| DIS The Walt Disney Co. | Reduce -16.4% | 0.35% | −0.07 |
| NKE Nike Inc. Class B | Reduce -35.9% | 0.10% | −0.07 |
| BKNG Booking Holdings Inc. | Reduce -13.3% | 0.41% | −0.07 |
| IBN Icici Bank Ltd.-Spon ADR | Sold out | 0.00% | −0.06 |
| AVDX Avidxchange Holdings Inc. | Sold out | 0.00% | −0.06 |
| HDRN Hadron Energy Inc. | Sold out | 0.00% | −0.06 |
| ABNB Airbnb Inc. Class A | Reduce -96.8% | 0.00% | −0.06 |
| BA The Boeing Co. | Reduce -14.9% | 0.33% | −0.05 |
| CACI Caci International Inc. Class A | Sold out | 0.00% | −0.05 |
| CNR Core Natural Resources Inc. | Sold out | 0.00% | −0.05 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.05 |
| PGR Progressive Corp. | Sold out | 0.00% | −0.05 |
| ARES Ares Management Corp. Class A | Sold out | 0.00% | −0.05 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.05 |
| FISV Fiserv Inc. | Reduce -4.5% | 0.04% | −0.05 |
| SLB SLB Ltd. | Reduce -35.2% | 0.11% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -2.6% | 0.41% | −0.04 |
| INFA Informatica Inc. Class A | Sold out | 0.00% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Reduce -24.1% | 0.09% | −0.04 |
| DD Dupont DE Nemours Inc. | Reduce -3.9% | 0.03% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +2.0% | 4.23% | +1.02 |
| MU Micron Technology Inc. | Add +0.8% | 0.67% | +0.28 |
| KVUE Kenvue Inc. | New | 0.28% | +0.28 |
| MRK Merck & Co. Inc. | Add +41.1% | 0.45% | +0.20 |
| IQV Iqvia Holdings Inc. | Add +268.1% | 0.25% | +0.19 |
| TMO Thermo Fisher Scientific Inc. | Add +15.0% | 0.58% | +0.16 |
| ISRG Intuitive Surgical Inc. | Add +20.0% | 0.46% | +0.16 |
| HOUS Anywhere Real Estate Inc. | Add +526.8% | 0.17% | +0.15 |
| CRM Salesforce Inc. | Add +35.0% | 0.43% | +0.15 |
| AMAT Applied Materials Inc. | Add +34.5% | 0.33% | +0.13 |
| C Citigroup Inc. | Add +23.6% | 0.45% | +0.13 |
| AMD Advanced Micro Devices | Add +4.8% | 0.47% | +0.13 |
| IWM iShares Russell 2000 ETF | New | 0.12% | +0.12 |
| GS Goldman Sachs Group Inc. | Add +2.9% | 0.89% | +0.11 |
| LRCX Lam Research Corp. | Add +8.9% | 0.37% | +0.11 |
| CVS CVS Health Corp. | Add +92.6% | 0.20% | +0.10 |
| TSLA Tesla Inc. | Add +3.5% | 2.13% | +0.10 |
| CSX CSX Corp. | Add +34.4% | 0.36% | +0.10 |
| JNJ Johnson & Johnson | Add +1.9% | 0.80% | +0.10 |
| FCX Freeport-McMoran Inc. | Add +13.4% | 0.28% | +0.09 |
| DG Dollar General Corp. | Add +32.9% | 0.19% | +0.08 |
| CYBR Cyberark Software Ltd./Israel | Add +54.3% | 0.26% | +0.08 |
| APP AppLovin Corp. Class A | Add +73.3% | 0.19% | +0.08 |
| SPGI S&P Global Inc. | Add +15.8% | 0.38% | +0.07 |
| WOLF Wolfspeed Inc. | New | 0.07% | +0.07 |
| VIK Viking Holdings Ltd. | New | 0.07% | +0.07 |
| DHR Danaher Corp. | Add +9.0% | 0.33% | +0.07 |
| FROG Jfrog Ltd. | Add +280.1% | 0.08% | +0.07 |
| BAC Bank of America Corp. | Add +2.4% | 0.75% | +0.06 |
| HOOD Robinhood Markets Inc. Class A | New | 0.06% | +0.06 |
| EMLC Vaneck JPM Em Local Curr BND | New | 0.06% | +0.06 |
| LEMB iShares JP Morgan Em Local C | New | 0.06% | +0.06 |
| TGNA Tegna Inc. | Add +45.3% | 0.19% | +0.05 |
| TASK Taskus Inc. Class A | New | 0.05% | +0.05 |
| IBB iShares Biotechnology ETF | Add +21.0% | 0.17% | +0.05 |
| ADI Analog Devices Inc. | Add +12.1% | 0.25% | +0.05 |
| INTU Intuit Inc. | Add +13.2% | 0.51% | +0.05 |
| BAH Booz Allen Hamilton Holdings | Add +261.6% | 0.07% | +0.04 |
| SNPS Synopsys Inc. | Add +23.2% | 0.30% | +0.04 |
| ZBRA Zebra Technologies Corp. Class A | Add +295.3% | 0.06% | +0.04 |
| MDB Mongodb Inc. | Add +7.6% | 0.12% | +0.04 |
| BKLN Invesco Senior Loan ETF | Add +15.5% | 0.28% | +0.04 |
| NOK Nokia Corp.-Spon ADR | Add +28.1% | 0.07% | +0.03 |
| COHR Coherent Corp. | Add +11.4% | 0.06% | +0.03 |
| ICLR Icon PLC | New | 0.03% | +0.03 |
| DAL Delta Air Lines Inc. | Add +0.4% | 0.15% | +0.03 |
| MDT Medtronic PLC | Add +7.4% | 0.33% | +0.03 |
| INTC Intel Corp. | Add +3.5% | 0.20% | +0.03 |
| PH Parker Hannifin Corp. | Add +0.9% | 0.16% | +0.02 |
| CRS Carpenter Technology | Add +167.6% | 0.03% | +0.02 |
Options Activity Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -19.5% | 926,400 | $617.1M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +4.0% | 610,400 | $406.6M |
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -10.4% | 673,400 | $404.3M |
| IWM iShares Russell 2000 ETF | call | Reduce -17.8% | 572,100 | $138.4M |
| IWM iShares Russell 2000 ETF | put | Reduce -22.2% | 507,300 | $122.7M |
| QQQ Invesco QQQ Trust Series 1 | call | Reduce -4.5% | 176,900 | $106.2M |
| NFLX Netflix Inc. | call | Add +327.5% | 85,500 | $102.5M |
| IBB iShares Biotechnology ETF | call | Add +4.4% | 398,000 | $57.5M |
| EFA iShares MSCI Eafe ETF | put | Reduce -50.1% | 506,000 | $47.2M |
| SHOP Shopify Inc. Class A | call | Sold out | 286,200 | $33.0Mbefore exit |
| NVDA Nvidia Corp. | call | Add +80.0% | 97,200 | $18.1M |
| HAL Halliburton Co. | call | New | 631,200 | $15.5M |
| INDA iShares MSCI India ETF | call | New | 247,800 | $12.9M |
| MSFT Microsoft Corp. | call | Reduce -82.5% | 24,900 | $12.9M |
| ORCL Oracle Corp. | call | New | 45,300 | $12.7M |
| RKLB Rocket Lab Corp. | call | New | 235,400 | $11.3M |
| NKE Nike Inc. Class B | call | New | 150,000 | $10.5M |
| URBN Urban Outfitters Inc. | call | New | 132,500 | $9.5M |
| MDT Medtronic PLC | call | New | 93,000 | $8.9M |
| PDD PDD Holdings Inc. | call | Sold out | 78,000 | $8.2Mbefore exit |
| AVGO Broadcom Inc. | call | Add +290.5% | 24,600 | $8.1M |
| ODD Oddity Tech Ltd. Class A | call | Sold out | 103,100 | $7.8Mbefore exit |
| AMD Advanced Micro Devices | put | Sold out | 54,000 | $7.7Mbefore exit |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | call | Reduce -0.8% | 71,800 | $7.3M |
| EQT Eqt Corp. | call | New | 130,400 | $7.1M |
| UBER Uber Technologies Inc. | call | Sold out | 75,000 | $7.0Mbefore exit |
| EUFN iShares MSCI Europe Financia | call | New | 152,800 | $5.2M |
| MRK Merck & Co. Inc. | call | New | 60,000 | $5.0M |
| AZN Astrazeneca PLC-Spons ADR | call | Reduce -40.3% | 63,100 | $4.8M |
| TSM Taiwan Semiconductor-SP ADR | call | Sold out | 20,200 | $4.6Mbefore exit |
| NVO Novo-Nordisk A/S-Spons ADR | call | Sold out | 64,800 | $4.5Mbefore exit |
| TME Tencent Music Entertainm-ADR | call | Sold out | 167,000 | $3.3Mbefore exit |
| AAPL Apple Inc. | call | Add +5.0% | 10,500 | $2.7M |
| BABA Alibaba Group Holding-SP ADR | call | Sold out | 22,800 | $2.6Mbefore exit |
| GOOGL Alphabet Inc. Class A | call | Reduce -16.0% | 8,400 | $2.0M |
| COST Costco Wholesale Corp. | call | Add +5.0% | 2,100 | $1.9M |
| VALE Vale SA-SP ADR | call | Sold out | 190,800 | $1.9Mbefore exit |
| AMZN Amazon.com Inc. | call | Add +5.0% | 8,400 | $1.8M |
| GEO The Geo Group Inc. | call | Sold out | 70,000 | $1.7Mbefore exit |
| TSLA Tesla Inc. | call | Reduce -93.7% | 3,500 | $1.6M |
| META Meta Platforms Inc. Class A | call | Add +5.0% | 2,100 | $1.5M |
| EMBJ Embraer SA-Spon ADR | call | Reduce -50.0% | 22,100 | $1.3M |
| NTES Netease Inc.-ADR | call | Sold out | 9,400 | $1.3Mbefore exit |
| PKX Posco Holdings Inc. -Spon ADR | call | Sold out | 23,300 | $1.1Mbefore exit |
| LIN Linde PLC | call | Add +5.0% | 2,100 | $998K |
| BZ Kanzhun Ltd. - ADR | call | Sold out | 50,900 | $908Kbefore exit |
| AMGN Amgen Inc. | call | Add +5.0% | 2,100 | $593K |
| NVDA Nvidia Corp. | put | New | 3,000 | $560K |
| TMUS T-Mobile US Inc. | call | Add +5.0% | 2,100 | $503K |
| CSCO Cisco Systems Inc. | call | Reduce -21.3% | 6,300 | $431K |
Showing the first 50 of 53.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Reduce -2.5% | 76,409,000 | $350.6M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Reduce -15.4% | 192,109,000 | $298.7M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Reduce -9.2% | 3,109,660 | $214.8M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Reduce -7.8% | 143,410,000 | $163.3M |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Add +8.9% | 131,729,000 | $144.7M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Reduce -4.1% | 61,665,000 | $141.8M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Add +47.4% | 136,539,000 | $140.8M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Reduce -25.9% | 40,961,000 | $137.6M |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Reduce -10.7% | 1,888,658 | $126.0M |
| SOUTHERN CO (SO 7.125 12/15/28 A) | UNIT 12/15/2028 | New | 2,485,706 | $125.2M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Reduce -1.9% | 93,878,000 | $122.0M |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | Add +0.1% | 88,553,000 | $113.4M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Reduce -0.6% | 2,114,902 | $109.6M |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Sold out | 32,626,000 | $102.6Mbefore exit |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | Add +60.6% | 66,322,000 | $98.9M |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Add +0.3% | 1,684,603 | $98.2M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Reduce -0.0% | 76,900,000 | $97.1M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -10.5% | 1,270,138 | $95.9M |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | Add +0.1% | 69,606,000 | $86.5M |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | New | 83,468,000 | $83.6M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Reduce -0.2% | 1,640,609 | $82.7M |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Reduce -0.0% | 89,846,000 | $82.3M |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | Add +4.4% | 71,123,000 | $77.6M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Add +33.0% | 61,614,000 | $75.2M |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | New | 90,836,000 | $74.9M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Add +21.3% | 1,236,486 | $73.4M |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | New | 79,365,000 | $73.3M |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Add +12.9% | 43,482,000 | $71.4M |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | Add +9.0% | 61,538,000 | $66.0M |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Reduce -21.6% | 12,249,000 | $65.2M |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Add +12.6% | 66,087,000 | $63.8M |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | New | 56,078,000 | $61.8M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Reduce -0.0% | 51,713,000 | $60.7M |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | Reduce -39.2% | 38,838,000 | $60.2M |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | Add +51.7% | 59,062,000 | $59.2M |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | Add +84.3% | 43,715,000 | $58.4M |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | Add +0.3% | 1,056,526 | $58.3M |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Add +0.1% | 44,296,000 | $56.3M |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | Reduce -0.0% | 63,833,000 | $56.0M |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | Add +41.3% | 141,618 | $51.8M |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | Reduce -44.4% | 11,009,000 | $51.0M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Reduce -20.7% | 49,700,000 | $50.0M |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | New | 51,449,000 | $49.7M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Add +1.7% | 49,901,000 | $49.4M |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Reduce -0.2% | 47,132,000 | $48.5M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | Add +0.6% | 40,342,000 | $47.2M |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | Add +0.1% | 41,580,000 | $45.2M |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | Add +0.1% | 12,058,000 | $44.7M |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Add +15.3% | 38,922,000 | $44.5M |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | Reduce -2.8% | 35,630,000 | $43.9M |
Showing the first 50 of 174.
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 |