Context Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 2, 2024), Context Capital Management, LLC reported 8 stock positions worth $21.1 million. Its top holding was iShares Bitcoin Trust ETF (IBIT) at 84.9% of the portfolio, followed by Ib Acquisition (IBACU, 9.5%) and Legato Merger Corp. III (LEGT.U, 4.8%). Compared with Q4 2023, it opened 3 new positions, sold out of 12 and reduced 2. The biggest buy was a new position in iShares Bitcoin Trust ETF (IBIT) and the biggest sale an exit from Integrated Rail and Class A (IRRX).
- Most Recent 13F
- Q2 2026
- Location
- LAJOLLA, CA
- CIK
- 0001301396
- Portfolio Value
- $21.1M (Q1 2024)
- SEC Filing
- 0001301396-24-000006 ↗ filed May 2, 2024
Holdings Value
Holdings 8 stocks · $21.1M
| IBIT iShares Bitcoin Trust ETF | 84.88% | 443,000 | $17.9M | New |
| IBACU Ib Acquisition Corp. | 9.48% | 200,000 | $2.0M | New |
| LEGT.U Legato Merger Corp. III | 4.80% | 100,000 | $1.0M | New |
| BURTECH ACQUISITION CORP | 0.34% | 394,523 | $71K | Reduce -62.4% |
| ANDRETTI ACQUISITION CORP | 0.28% | 143,115 | $59K | Reduce -38.8% |
| ECD AUTOMOTIVE DESIGN INC | 0.19% | 41,875 | $39K | No change |
| NORTHVIEW ACQUISITION CORP | 0.04% | 222,500 | $9K | No change |
| FASWF Stonebridge Acquisition Corp. | 0.01% | 25,000 | $1K | No change |
Other holdings (269): bonds, preferreds, convertibles and warrants · $944.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 92,965 | $78.8M | Reduce -99.9% |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | 53,402 | $73.0M | Reduce -99.9% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 67,445 | $62.5M | Reduce -99.9% |
| 3D SYSTEMS CORP (DDD 0 11/15/26) | NOTE 11/1 · principal | 72,987 | $56.8M | Reduce -99.8% |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 52,075 | $43.3M | Reduce -99.8% |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 52,999 | $41.5M | Reduce -99.7% |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | 44,775 | $41.5M | Reduce -99.9% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 44,770 | $38.4M | Reduce -99.9% |
| MICROSTRATEGY INC (MSTR 0.75 12/15/25) | NOTE 0.750%12/1 · principal | 7,737 | $33.2M | Reduce -100.0% |
| NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) | NOTE 7.500%10/1 · principal | 27,086 | $27.7M | Reduce -99.9% |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 25,175 | $23.4M | Reduce -97.5% |
| PEGASYSTEMS INC (PEGA 0.75 03/01/25) | NOTE 0.750% 3/0 · principal | 21,929 | $21.1M | Reduce -99.9% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 27,488 | $20.9M | Reduce -99.9% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 22,285 | $18.0M | New |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 18,465 | $17.7M | New |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 14,871 | $16.3M | Reduce -100.0% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 17,513 | $15.9M | Reduce -99.6% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 11,750 | $15.5M | Reduce -99.7% |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 14,042 | $15.0M | Reduce -99.8% |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 13,928 | $14.9M | Reduce -99.9% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 14,758 | $14.7M | New |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 15,611 | $13.2M | Reduce -99.9% |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 14,638 | $11.8M | Reduce -98.7% |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 20,000 | $11.4M | Reduce -99.9% |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 10,000 | $11.0M | New |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 11,500 | $10.9M | Reduce -99.9% |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 13,000 | $10.9M | Reduce -99.8% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 12,648 | $10.7M | Reduce -99.9% |
| ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | NOTE 7.500% 8/0 · principal | 10,500 | $10.4M | Reduce -99.9% |
| UPWORK INC (UPWK 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 11,690 | $10.3M | Reduce -99.6% |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 10,558 | $10.0M | Reduce -99.9% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 10,465 | $9.1M | Reduce -100.0% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 10,500 | $8.8M | Reduce -99.9% |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 10,310 | $8.6M | Reduce -99.9% |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | 8,136 | $7.7M | Reduce -99.9% |
| PETIQ INC (PETQ 4 06/01/26) | NOTE 4.000% 6/0 · principal | 7,657 | $7.6M | Reduce -99.9% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 5,611 | $6.6M | Reduce -100.0% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 110,095 | $6.5M | New |
| PERFICIENT INC (PRFT 0.125 11/15/26) | NOTE 0.125%11/1 · principal | 6,895 | $6.0M | Reduce -99.9% |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 6,500 | $5.7M | Reduce -99.8% |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 6,058 | $5.6M | Reduce -100.0% |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 6,185 | $5.5M | Reduce -99.9% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 5,500 | $5.2M | New |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 5,000 | $4.5M | Reduce -99.0% |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 3,000 | $4.3M | New |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 4,000 | $4.0M | Reduce -99.9% |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 3,750 | $3.5M | Reduce -100.0% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 3,000 | $3.3M | New |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 3,500 | $3.3M | Reduce -99.9% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 4,000 | $3.2M | Reduce -99.9% |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 3,362 | $3.0M | Reduce -99.9% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 2,500 | $3.0M | New |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 3,000 | $2.8M | New |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 3,500 | $2.7M | Reduce -99.9% |
| ENVESTNET INC (ENV 2.625 12/01/27) | NOTE 2.625%12/0 · principal | 2,500 | $2.6M | Reduce -99.9% |
| SPIRIT AIRLINES INC (SAVE 1 05/15/26) | NOTE 1.000% 5/1 · principal | 5,000 | $2.4M | Reduce -99.9% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 2,153 | $2.1M | New |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 2,000 | $2.0M | New |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 50,000 | $1.9M | New |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 1,500 | $1.6M | Reduce -99.9% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 1,500 | $1.6M | Reduce -99.9% |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 1,250 | $1.4M | Reduce -100.0% |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 1,400 | $1.3M | Reduce -99.9% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 1,000 | $976K | Reduce -100.0% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 1,000 | $919K | Reduce -100.0% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 500 | $504K | Reduce -100.0% |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | 486 | $466K | Reduce -99.9% |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | 500 | $294K | Reduce -99.9% |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | 314,174 | $151K | Add +0.0% |
| MCACR Monterey Capital Acquisit-RT | RIGHT 05/10/2027 | 777,600 | $136K | No change |
| LVRWF Lavoro Ltd.-27 | *W EXP 02/27/202 | 235,863 | $122K | No change |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 1,127,098 | $107K | Reduce -1.6% |
| ASCRF A Spac II Acquisition-Right | RIGHT 10/15/2026 | 1,400,000 | $95K | No change |
| SKINHEALTH SYSTEMS INC (SKIN 1.25 10/01/26) | CONV · principal | 102,645 | $85K | New |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 222,160 | $84K | New |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 28,730 | $69K | Reduce -99.9% |
| CUTERA INC (CUTR 2.25 06/01/28) | NOTE 2.250% 6/0 · principal | 23,064 | $54K | Reduce -99.8% |
| IGTAR Inception Growth Acq Ltd. -RT | RIGHT 12/08/2026 | 250,000 | $49K | No change |
| EONR.WS HNR Acquisition Corp. -CW23 | *W EXP 11/15/202 | 349,249 | $49K | No change |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 43,857 | $46K | Reduce -99.8% |
| BNIXR Bannix Acquisition Corp.-RTS | RIGHT 07/31/2026 | 210,385 | $44K | No change |
| EMCRF Embrace Change Acq-Rights | RIGHT 10/25/2026 | 300,000 | $42K | No change |
| ZEROFOX HLDGS INC | *W EXP 08/03/202 | 457,295 | $41K | No change |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 61,017 | $39K | Reduce -99.9% |
| PORCH GROUP INC | NOTE/6 750% 10/1 · principal | 56,527 | $39K | New |
| GROUPON INC (GRPN 1.125 03/15/26) | NOTE 1.125% 3/1 · principal | 46,025 | $37K | Reduce -99.9% |
| MARA HOLDINGS INC (MARA 1 12/01/26) | NOTE 1.000%12/0 · principal | 42,748 | $36K | Reduce -99.9% |
| GBBKR Global Blockchain Acq - RTS | RIGHT 05/09/2027 | 400,000 | $36K | No change |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | 44,363 | $34K | Reduce -99.9% |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | NOTE 1.750% 2/1 · principal | 44,242 | $33K | Reduce -99.9% |
| ESPERION THERAPEUTICS (ESPR 4 11/15/25) | NOTE 4.000%11/1 · principal | 38,404 | $32K | Reduce -99.8% |
| VGASW Cenaq Energy Corp. Class A -CW27 | *W EXP 02/15/202 | 132,844 | $32K | No change |
| ALSTF Alpha Star Acq Corp. - Rights | RIGHT 12/13/2026 | 335,596 | $31K | No change |
| ATEKW Athena Technology Acq -CW23 | *W EXP 10/17/202 | 775,000 | $31K | No change |
| LLAPW Terran Orbital Corp. -CW28 | *W EXP 03/25/202 | 195,399 | $31K | No change |
| OPTXW Omnilit Acquisition Class A -23 | *W EXP 99/99/999 | 221,235 | $31K | No change |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | 238,100 | $31K | Reduce -4.8% |
| SMNRW Denali Capital Acq-CW27 | *W EXP 99/99/999 | 605,000 | $31K | No change |
| SATLW Satellogic Inc.-A -23 | *W EXP 01/25/202 | 285,428 | $30K | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 36,289 | $30K | Reduce -99.9% |
| BANDWIDTH INC (BAND 0.25 03/01/26) | NOTE 0.250% 3/0 · principal | 33,331 | $29K | Reduce -99.9% |
| RFACR RF Acquisition Corp.- Rights | RIGHT 05/01/2028 | 325,000 | $28K | No change |
| CUTERA INC (CUTR 4 06/01/29) | NOTE 4.000% 6/0 · principal | 13,235 | $28K | Reduce -99.9% |
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 49,977 | $27K | New |
| SOFI TECHNOLOGIES INC (SOFI 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 27,000 | $27K | New |
| GEO CORRECTIONS HLDGS (GEO 6.5 02/23/26) | NOTE 6.500% 2/2 · principal | 15,820 | $27K | Reduce -99.9% |
| SOFI TECHNOLOGIES INC (SOFI 0 10/15/26) | CONV · principal | 30,900 | $27K | New |
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | 28,588 | $26K | New |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | 26,400 | $25K | Reduce -99.6% |
| KYCHR Keyarch Acquisition Corp.-RT | RIGHT 01/24/2027 | 100,000 | $25K | Reduce -50.0% |
| WISDOMTREE INC (WT 5.75 08/15/28) | NOTE 5.750% 8/1 · principal | 20,573 | $24K | New |
| COHERUS ONCOLOGY INC (CHRS 1.5 04/15/26) | NOTE 1.500% 4/1 · principal | 37,812 | $24K | Reduce -99.7% |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 121,167 | $24K | No change |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | 23,212 | $23K | Reduce -99.9% |
| SLND.WS Legato Merger Corp. II -CW23 | *W EXP 02/14/202 | 51,732 | $23K | No change |
| ARTIVION INC (AORT 4.25 07/01/25) | NOTE 4.250% 7/0 · principal | 19,900 | $23K | Reduce -99.9% |
| NOVVR Nova Vision Acquisition-RTS | RIGHT 99/99/9999 | 82,522 | $22K | No change |
| MITEK SYSTEMS INC (MITK 0.75 02/01/26) | NOTE 0.750% 2/0 · principal | 22,000 | $22K | Reduce -99.5% |
| CLRRF Climaterock -RTS | RIGHT 10/31/2028 | 200,000 | $21K | No change |
| SBCWW Pono Capital Two Inc. -27 | *W EXP 09/17/202 | 425,000 | $21K | No change |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | 22,308 | $21K | Reduce -99.9% |
| MANNKIND CORP (MNKD 2.5 03/01/26) | NOTE 2.500% 3/0 · principal | 18,410 | $21K | Reduce -99.9% |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | 19,448 | $20K | Reduce -99.9% |
| GMFIW Aetherium Acquisition A -28 | *W EXP 99/99/999 | 331,054 | $20K | No change |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | 21,993 | $20K | Reduce -99.9% |
| HEALTH CATALYST INC (HCAT 2.5 04/15/25) | NOTE 2.500% 4/1 · principal | 20,161 | $19K | Reduce -99.9% |
| PLUG POWER INC (PLUG 3.75 06/01/25) | NOTE 3.750% 6/0 · principal | 17,795 | $18K | Reduce -99.7% |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 18,762 | $17K | Reduce -99.9% |
| LUCID GROUP INC (LCID 1.25 12/15/26) | 1.250 12/15/26 CVT · principal | 33,410 | $17K | New |
| MCACW Monterey Capital Acqui -CW27 | *W EXP 01/01/202 | 792,000 | $17K | No change |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | 13,607 | $17K | New |
| SEMTECH CORP | NOTE 4% 11/01/28 · principal | 10,750 | $16K | New |
| PBMWW Psyence Biomedical Ltd. | *W EXP 01/22/202 | 234,200 | $16K | New |
| LDTDF Prospector Leddartech Alm-28 | *W EXP 12/21/202 | 127,872 | $16K | No change |
| PPYAW Papaya Growth Opportuni-CW23 | *W EXP 12/31/202 | 250,000 | $16K | No change |
| BRLSW Oxus Acquisition Corp. -CW23 | *W EXP 02/07/202 | 107,878 | $15K | New |
| XBPEW CF Acquisition Viii A -CW27 | *W EXP 11/30/202 | 377,370 | $15K | No change |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | 15,151 | $15K | Reduce -99.9% |
| TILRAY BRANDS INC (TLRY 5.2 06/15/27) | NOTE 5.200% 6/1 · principal | 12,300 | $14K | Reduce -99.9% |
| COOLW Corner Growth Acq Class A -CW27 | *W EXP 99/99/999 | 95,500 | $14K | No change |
| KACRF Kairous Acquisition Corp.-RTS | RIGHT 09/15/2026 | 180,000 | $14K | No change |
| ECD AUTOMOTIVE DESIGN INC | *W EXP 12/12/202 | 540,000 | $14K | No change |
| ASSERTIO HOLDINGS INC (ASRT 6.5 09/01/27) | NOTE 6.500% 9/0 · principal | 16,000 | $14K | New |
| IVAWF Investcorp India Acquisi -27 | *W EXP 06/01/202 | 212,035 | $13K | No change |
| VIRGIN GALATIC HOLDINGS | 2.500 02/01/27 CVT · principal | 34,490 | $13K | New |
| GRDIW Griid Infrastructure Inc.-28 | *W EXP 12/29/202 | 202,416 | $12K | New |
| OMEROS CORP (OMER 5.25 02/15/26) | NOTE 5.250% 2/1 · principal | 16,384 | $12K | Reduce -99.9% |
| KARYOPHARM THERAPEUTICS (KPTI 3 10/15/25) | NOTE 3.000%10/1 · principal | 21,494 | $12K | Reduce -99.9% |
| BNIXW Bannix Acquisition Corp.-CW23 | *W EXP 07/31/202 | 320,484 | $11K | No change |
| CTSWF Cactus Acquisition Corp.-CW23 | *W EXP 08/17/202 | 215,352 | $11K | No change |
| MCAAW Mountain & Co. I Acq -CW23 | *W EXP 09/30/202 | 153,100 | $11K | No change |
| CNGLW Canna-Global Acquisit -CW23 | *W EXP 99/99/999 | 499,500 | $10K | No change |
| NEVRO CORP (NVRO 2.75 04/01/25) | NOTE 2.750% 4/0 · principal | 10,702 | $10K | Reduce -99.9% |
| JWSWF Jaws Mustang Acq C -CW26 | *W EXP 01/30/202 | 46,444 | $10K | No change |
| MESA LABORATORIES INC (MLAB 1.375 08/15/25) | NOTE 1.375% 8/1 · principal | 10,550 | $10K | Reduce -99.9% |
| CRTWF Cartica Acquisition A -28 | *W EXP 04/30/202 | 100,000 | $10K | No change |
| STEM INC | NOTE 0.5% 12/01/28 · principal | 19,155 | $10K | New |
| HHGCR HHG Capital Corp.-RTS | RIGHT 02/25/2026 | 90,941 | $10K | No change |
| ALCWF Alchemy Investments Acqui-28 | *W EXP 11/30/202 | 50,000 | $10K | No change |
| INVITAE CORP (NVTA 2 09/01/24) | NOTE 2.000% 9/0 · principal | 7,875 | $9K | Reduce -99.9% |
| LGVCW Lamf Global Ventures -CW23 | *W EXP 99/99/999 | 93,675 | $9K | No change |
| APLMW Apollomics Inc.-27 | *W EXP 04/01/202 | 298,500 | $9K | No change |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | 21,850 | $9K | Reduce -99.9% |
| ASCWF A Spac II Acquisition -CW27 | *W EXP 10/15/202 | 700,000 | $9K | No change |
| CHEFS' WAREHOUSE THE (CHEF 1.875 12/01/24) | NOTE 1.875%12/0 · principal | 8,394 | $9K | Reduce -99.8% |
| CDIOW Cardio Diagnostics-CW26 | *W EXP 10/25/202 | 81,500 | $9K | No change |
| NIO INC (NIO 0.5 02/01/27) | NOTE 0.500% 2/0 · principal | 9,267 | $8K | Reduce -100.0% |
| CARDLYTICS INC (CDLX 1 09/15/25) | NOTE 1.000% 9/1 · principal | 9,120 | $8K | Reduce -99.9% |
| CEROW Phoenix Biotech Acq -CW26 | *W EXP 02/13/202 | 122,013 | $8K | Reduce -39.0% |
| ACACW Acri Capital Acq -CW27 | *W EXP 02/01/202 | 100,000 | $8K | No change |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | 98,250 | $8K | New |
| STEM Inc | NOTE 4.250 04/01/30 · principal | 15,250 | $8K | New |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | 7,250 | $8K | Reduce -99.9% |
| ZCARW Zoomcar Holdings Inc. | *W EXP 05/31/202 | 274,598 | $8K | New |
| CDTTW Murphy Canyon Acq-CW27 | *W EXP 09/22/202 | 128,500 | $8K | No change |
| SVUWF Srivaru Holding Ltd.-28 | *W EXP 12/08/202 | 454,100 | $7K | No change |
| FLFVR Feutune Light Acquisitio-RTS | RIGHT 06/01/2029 | 82,458 | $7K | No change |
| BITE.WS Bite Acquisition Corp. -CW27 | *W EXP 02/12/203 | 100,000 | $7K | No change |
| CMCWF Capitalworks Emerging-CW23 | *W EXP 99/99/999 | 137,500 | $7K | No change |
| EMCWF Embrace Change Acquisitio-26 | *W EXP 10/25/202 | 300,000 | $7K | No change |
| NNAGR 99 Acquisition Group -RTS | RIGHT 08/25/2028 | 37,500 | $7K | No change |
| RWT HOLDINGS INC (RWT 5.75 10/01/25) | NOTE 5.750%10/0 · principal | 6,860 | $7K | New |
| AFARW Aura Fat Projects Acqui -27 | *W EXP 99/99/999 | 500,000 | $7K | No change |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 5,575 | $6K | Reduce -100.0% |
| VSACW Vision Sensing Acq -CW23 | *W EXP 99/99/999 | 243,675 | $6K | No change |
| RACYW Relativity Acquisition-CW27 | *W EXP 12/15/202 | 637,213 | $6K | No change |
| EVENTBRITE INC (EB 0.75 09/15/26) | NOTE 0.750% 9/1 · principal | 7,289 | $6K | Reduce -99.8% |
| CELULARITY INC | *W EXP 07/16/202 | 150,000 | $6K | No change |
| PLAOW Patria Latin American-CW27 | *W EXP 99/99/999 | 100,000 | $6K | No change |
| FTIIW Futuretech II Acq -CW27 | *W EXP 08/18/202 | 150,000 | $6K | No change |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 6,551 | $6K | Reduce -99.9% |
| INFINERA CORP (INFN 2.5 03/01/27) | NOTE 2.500% 3/0 · principal | 5,500 | $6K | Reduce -99.9% |
| ACCOLADE INC (ACCD 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | 6,250 | $6K | New |
| ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) | NOTE 4.000% 3/1 · principal | 5,750 | $5K | New |
| ASBPW Aspire Biopharma Holdin-CW27 | *W EXP 05/23/202 | 175,000 | $5K | No change |
| JETAI INC | *W EXP 08/10/202 | 93,670 | $5K | No change |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 7,500 | $5K | Reduce -100.0% |
| IGTAW Inception Growth Acq -23 | *W EXP 10/15/202 | 125,000 | $5K | No change |
| MACAW Moringa Acquisition Cor-CW26 | *W EXP 02/22/202 | 62,238 | $5K | No change |
| KYCHW Keyarch Acquisition Corp. -28 | *W EXP 99/99/999 | 95,000 | $5K | No change |
Largest 200 of 269 shown.
Total filed on the 13F, all lines: $965.8M.
Portfolio Sells Q4 2023 → Q1 2024
| IRRX Integrated Rail and Class A | Sold out | 0.00% | −59.53 |
| CFFS CF Acquisition Corp. Vii Class A | Sold out | 0.00% | −15.57 |
| EMCGF Embrace Change Acquisition C | Sold out | 0.00% | −13.28 |
| ALCYF Alchemy Investments Acquisit | Sold out | 0.00% | −4.34 |
| IROHU Iron Horse Acquisitions Corp. | Sold out | 0.00% | −2.67 |
| MONTEREY CAP ACQUISITION COR | Sold out | 0.00% | −1.87 |
| NNAG 99 Acquisition Group in Class A | Sold out | 0.00% | −1.56 |
| KVACF Keen Vision Acquisition Corp. | Sold out | 0.00% | −0.13 |
| GCTS.WS Concord Acquisition Corp. III | Sold out | 0.00% | −0.09 |
| ALTERNUS CLEAN ENERGY INC | Sold out | 0.00% | −0.06 |
| BURTECH ACQUISITION CORP | Reduce -62.4% | 0.34% | −0.05 |
| TVGNW Semper Paratus Acquisition C | Sold out | 0.00% | −0.02 |
| AIRJW Power & Digital Infrastructu | Sold out | 0.00% | −0.01 |
| ANDRETTI ACQUISITION CORP | Reduce -38.8% | 0.28% | +0.03 |
Portfolio Buys Q4 2023 → Q1 2024
Notes & Other Activity Q4 2023 → Q1 2024
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | Reduce -99.9% | 92,965 | $78.8M |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | Reduce -99.9% | 53,402 | $73.0M |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | Reduce -99.9% | 67,445 | $62.5M |
| 3D SYSTEMS CORP (DDD 0 11/15/26) | NOTE 11/1 · principal | Reduce -99.8% | 72,987 | $56.8M |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | Reduce -99.8% | 52,075 | $43.3M |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | Reduce -99.7% | 52,999 | $41.5M |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | Reduce -99.9% | 44,775 | $41.5M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Reduce -99.9% | 44,770 | $38.4M |
| MICROSTRATEGY INC (MSTR 0.75 12/15/25) | NOTE 0.750%12/1 · principal | Reduce -100.0% | 7,737 | $33.2M |
| NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) | NOTE 7.500%10/1 · principal | Reduce -99.9% | 27,086 | $27.7M |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Reduce -97.5% | 25,175 | $23.4M |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | Sold out | 23,797,000 | $22.8Mbefore exit |
| PEGASYSTEMS INC (PEGA 0.75 03/01/25) | NOTE 0.750% 3/0 · principal | Reduce -99.9% | 21,929 | $21.1M |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | Reduce -99.9% | 27,488 | $20.9M |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Sold out | 19,035,000 | $20.3Mbefore exit |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | New | 22,285 | $18.0M |
| KAMAN CORP (KAMN 3.25 05/01/24) | NOTE 3.250% 5/0 · principal | Sold out | 18,405,000 | $17.9Mbefore exit |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | New | 18,465 | $17.7M |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Reduce -100.0% | 14,871 | $16.3M |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | Reduce -99.6% | 17,513 | $15.9M |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Reduce -99.7% | 11,750 | $15.5M |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | Reduce -99.8% | 14,042 | $15.0M |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | Reduce -99.9% | 13,928 | $14.9M |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | New | 14,758 | $14.7M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Reduce -99.9% | 15,611 | $13.2M |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | Reduce -98.7% | 14,638 | $11.8M |
| OPKO HEALTH INC (OPK 4.5 02/15/25) | NOTE 4.500% 2/1 · principal | Sold out | 11,750,000 | $11.5Mbefore exit |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | Reduce -99.9% | 20,000 | $11.4M |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | New | 10,000 | $11.0M |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | Reduce -99.9% | 11,500 | $10.9M |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | Reduce -99.8% | 13,000 | $10.9M |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | Reduce -99.9% | 12,648 | $10.7M |
| ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | NOTE 7.500% 8/0 · principal | Reduce -99.9% | 10,500 | $10.4M |
| UPWORK INC (UPWK 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | Reduce -99.6% | 11,690 | $10.3M |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | Reduce -99.9% | 10,558 | $10.0M |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Reduce -100.0% | 10,465 | $9.1M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Reduce -99.9% | 10,500 | $8.8M |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | Sold out | 10,500,000 | $8.8Mbefore exit |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | Reduce -99.9% | 10,310 | $8.6M |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | Reduce -99.9% | 8,136 | $7.7M |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Sold out | 8,246,000 | $7.6Mbefore exit |
| PETIQ INC (PETQ 4 06/01/26) | NOTE 4.000% 6/0 · principal | Reduce -99.9% | 7,657 | $7.6M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Sold out | 7,000,000 | $6.9Mbefore exit |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Reduce -100.0% | 5,611 | $6.6M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | New | 110,095 | $6.5M |
| PERFICIENT INC (PRFT 0.125 11/15/26) | NOTE 0.125%11/1 · principal | Reduce -99.9% | 6,895 | $6.0M |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | Reduce -99.8% | 6,500 | $5.7M |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | Reduce -100.0% | 6,058 | $5.6M |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | Reduce -99.9% | 6,185 | $5.5M |
| Q2 HOLDINGS INC (QTWO 0.125 11/15/25) | NOTE 0.125%11/1 · principal | Sold out | 5,902,000 | $5.3Mbefore exit |
Showing the first 50 of 195.
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 | 150 | $484.2M | GSRVU, SPCE, LGND, WLCOU, MBVI |
| Q1 2026 | 132 | $367.6M | MBVI, HACQU, DMII, HCAC, PLMK |
| Q4 2025 | 108 | $300.2M | MBVI, DMII, PLMK, GFUZ, HCACU |
| Q3 2025 | 78 | $481.8M | ECHOSTAR CORP (ECHO 3.875 11/30/30), IBIT, MBVIU, DMIIU, PLMK |
| Q2 2025 | 52 | $127.8M | IBIT, PLMK, SZZL, SOUL.U, RDAG |
| Q1 2025 | 20 | $74.6M | FACT, IBIT, PLMK, GSRT, FTW |
| Q4 2024 | 16 | $68.3M | IBIT, FACT, GSRTU, FTW, SBXUF |
| Q3 2024 | 11 | $32.8M | IBIT, FTW.U, SBXUF, SIMA, HONDU |
| Q2 2024 | 4 | $15.8M | IBIT, IBAC, BURTECH ACQUISITION CORP, NORTHVIEW ACQUISITION CORP |
| Q1 2024 | 8 | $21.1M | IBIT, IBACU, LEGT.U, BURTECH ACQUISITION CORP, ANDRETTI ACQUISITION CORP |