CSS LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), CSS LLC reported 420 stock positions worth $554.6 million. Its top holding was Carnival (CCL) at 10.9% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 6.6%) and SS SPDR S&P 500 ETF Trust-US (SPY, 5.7%). Compared with Q2 2024, it opened 101 new positions, sold out of 105, added to 141 and reduced 115. The biggest buy was a new position in Carnival (CCL) and the biggest sale Centurion Acquisition (ALF, shares −81%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001103646
- Portfolio Value
- $554.6M (Q3 2024)
- SEC Filing
- 0001085146-24-005922 ↗ filed Nov 14, 2024
Holdings Value
Holdings 420 stocks · $554.6M
| CCL Carnival Corp. | 10.89% | 3,269,100 | $60.4M | New |
| VOO Vanguard S&P 500 ETF | 6.57% | 69,000 | $36.4M | Add +12.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.75% | 55,548 | $31.9M | Add +8.0% |
| RSP Invesco S&P 500 Equal Weight | 2.46% | 76,300 | $13.7M | Add +26.5% |
| SMTC Semtech Corp. | 2.25% | 272,949 | $12.5M | New |
| STEW SRH Total Return Fund Inc. | 1.88% | 661,213 | $10.4M | Reduce -1.3% |
| HONDU HCM II Acquisition Corp. | 1.60% | 886,287 | $8.9M | New |
| IAU iShares Gold Trust | 1.54% | 171,400 | $8.5M | Add +8.9% |
| VACHU Voyager Acquisition Corp. | 1.37% | 757,993 | $7.6M | New |
| CEF Sprott Physical Gold and Sil | 0.82% | 186,671 | $4.6M | Reduce -6.7% |
| PEO Adams Natural Resources Fund | 0.82% | 195,020 | $4.5M | Reduce -36.4% |
| BP BP PLC-Spons ADR | 0.79% | 140,153 | $4.4M | Reduce -10.3% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 0.78% | 152,864 | $4.3M | Add +1.3% |
| OVV Ovintiv Inc. | 0.75% | 108,892 | $4.2M | Add +15.5% |
| MXE Mexico Equity and Income FD | 0.73% | 439,243 | $4.0M | No change |
| RCL Royal Caribbean Cruises Ltd. | 0.70% | 21,970 | $3.9M | New |
| LPAA Launch One Acquisition Corp. | 0.68% | 380,000 | $3.8M | New |
| MUR Murphy Oil Corp. | 0.67% | 110,651 | $3.7M | Reduce -4.4% |
| GLD SPDR Gold Shares | 0.65% | 14,792 | $3.6M | Add +2.0% |
| SPE Special Opportunities Fund | 0.65% | 258,384 | $3.6M | No change |
| AVUV Avantis US Small Cap Value | 0.64% | 37,100 | $3.6M | Reduce -7.5% |
| CVE Cenovus Energy Inc. | 0.58% | 192,300 | $3.2M | Add +14.3% |
| VST Vistra Corp. | 0.58% | 27,100 | $3.2M | Reduce -1.8% |
| AVES Avantis Emerging Markets Val | 0.56% | 59,803 | $3.1M | Reduce 0.0% |
| SHEL Shell PLC-ADR | 0.51% | 43,019 | $2.8M | Reduce -29.5% |
| HTLF Heartland Financial USA Inc. | 0.48% | 46,904 | $2.7M | Add +129.1% |
| XRSFX Rivernorth Capital & Income | 0.47% | 169,986 | $2.6M | Add +17.4% |
| SWZ Total Return Securities Fund | 0.47% | 290,275 | $2.6M | Reduce -3.6% |
| DVN Devon Energy Corp. | 0.45% | 64,024 | $2.5M | Add +2.1% |
| BNT Brookfield Wealth Solutions | 0.43% | 45,338 | $2.4M | No change |
| HES Hess Corp. | 0.43% | 17,500 | $2.4M | No change |
| IBIT iShares Bitcoin Trust ETF | 0.42% | 64,000 | $2.3M | Add +96.9% |
| AAN The Aaron's Co. Inc. filed as THE AARONS COMPANY INC | 0.41% | 228,659 | $2.3M | Add +1838.0% |
| CTLT Catalent Inc. | 0.40% | 36,888 | $2.2M | Add +24.3% |
| HCP Hashicorp Inc. Class A | 0.40% | 64,912 | $2.2M | Add +23.9% |
| GOOGL Alphabet Inc. Class A | 0.40% | 13,248 | $2.2M | Add +15.0% |
| CIVI Civitas Resources Inc. | 0.39% | 42,751 | $2.2M | Add +0.9% |
| TWN Taiwan Fund Inc./TH/MD-US Inc. | 0.39% | 48,662 | $2.1M | Reduce -8.8% |
| BRW Saba Capital Income & Opport | 0.38% | 280,243 | $2.1M | Reduce -18.0% |
| CHRD Chord Energy Corp. | 0.38% | 16,163 | $2.1M | Add +17.0% |
| GAM General American Investors | 0.38% | 39,041 | $2.1M | No change |
| ALNY Alnylam Pharmaceuticals Inc. | 0.37% | 7,500 | $2.1M | Add +971.4% |
| LLYVA Liberty Media Corp.-Liberty-A | 0.37% | 41,655 | $2.1M | No change |
| PARAA Paramount Global Class B | 0.37% | 191,000 | $2.0M | Add +1173.3% |
| W Wayfair Inc. Class A | 0.35% | 34,900 | $2.0M | Add +4262.5% |
| CET Central Securities Corp. | 0.35% | 42,607 | $2.0M | No change |
| ZTR Virtus Total Return Fund Inc. | 0.35% | 310,519 | $1.9M | Add +30.3% |
| PI Impinj Inc. | 0.34% | 8,723 | $1.9M | Add +11.5% |
| SM SM Energy Co. | 0.33% | 46,332 | $1.9M | Add +34.7% |
| VGR Vector Group Ltd. | 0.32% | 120,554 | $1.8M | New |
| T AT&T Inc. | 0.32% | 81,048 | $1.8M | Add +37.3% |
| EWJV iShares MSCI Japan Value ETF | 0.32% | 53,172 | $1.8M | Add +23.2% |
| C Citigroup Inc. | 0.31% | 27,226 | $1.7M | Add +3.8% |
| JNJ Johnson & Johnson | 0.31% | 10,447 | $1.7M | Add +4.5% |
| IVLU iShares MSCI International V | 0.31% | 57,300 | $1.7M | Reduce -3.4% |
| NTAP Netapp Inc. | 0.30% | 13,538 | $1.7M | No change |
| ALF Centurion Acquisition Corp. | 0.30% | 165,949 | $1.7M | Reduce -80.9% |
| DELL Dell Technologies -C | 0.30% | 13,900 | $1.6M | Add +11.2% |
| HPE Hewlett Packard Enterprise | 0.29% | 79,874 | $1.6M | Add +16.0% |
| GILD Gilead Sciences Inc. | 0.29% | 19,251 | $1.6M | No change |
| VET Vermilion Energy Inc. | 0.29% | 163,981 | $1.6M | Add +46.7% |
| KR Kroger Co. | 0.29% | 27,752 | $1.6M | Reduce -10.5% |
| ALIT Alight Inc. Class A | 0.29% | 213,987 | $1.6M | Reduce -15.7% |
| HPQ HP Inc. | 0.29% | 44,144 | $1.6M | No change |
| HERZ Herzfeld Credit Income Fund | 0.28% | 694,568 | $1.6M | Add +4.3% |
| FFNW First Financial Northwest | 0.28% | 69,675 | $1.6M | Add +69.8% |
| HAYN Haynes International Inc. | 0.28% | 26,184 | $1.6M | Add +118.4% |
| EXPE Expedia Group Inc. | 0.28% | 10,500 | $1.6M | Add +126.4% |
| STER Sterling Check Corp. | 0.28% | 92,470 | $1.5M | No change |
| SYF Synchrony Financial | 0.28% | 30,800 | $1.5M | Add +16.2% |
| PRFT Perficient Inc. | 0.27% | 20,195 | $1.5M | New |
| ACI Albertsons Cos Inc. Class A | 0.27% | 81,957 | $1.5M | Add +78.3% |
| NRG NRG Energy Inc. | 0.27% | 16,548 | $1.5M | No change |
| BCS Barclays PLC-Spons ADR | 0.27% | 121,441 | $1.5M | No change |
| CMCSA Comcast Corp. Class A | 0.26% | 35,000 | $1.5M | Add +34.6% |
| INBX Inhibrx Biosciences Inc. | 0.26% | 93,125 | $1.5M | Reduce -15.8% |
| DFJ Wisdomtree JPN S/C DVD Fund | 0.26% | 18,006 | $1.5M | Add +50.0% |
| AXONICS INC | 0.26% | 20,772 | $1.4M | Add +2.5% |
| EMO Clearbridge Energy Midstream | 0.26% | 34,088 | $1.4M | Add +403.8% |
| CSCO Cisco Systems Inc. | 0.26% | 27,000 | $1.4M | Reduce -14.3% |
| ALSN Allison Transmission Holding | 0.26% | 14,942 | $1.4M | Reduce -5.7% |
| ARCH Arch Resources Inc. | 0.25% | 10,017 | $1.4M | Add +29.4% |
| BMY Bristol-Myers Squibb Co. | 0.25% | 26,630 | $1.4M | Reduce -12.1% |
| GM General Motors Co. | 0.25% | 30,606 | $1.4M | Add +19.5% |
| SRDX Surmodics Inc. | 0.24% | 34,764 | $1.3M | New |
| VZ Verizon Communications Inc. | 0.24% | 30,000 | $1.3M | Add +3.5% |
| ANSS Ansys Inc. | 0.24% | 4,202 | $1.3M | No change |
| PWSC Powerschool Holdings Inc. Class A | 0.24% | 58,600 | $1.3M | Add +2341.7% |
| TMHC Taylor Morrison Home Corp. | 0.24% | 19,017 | $1.3M | Reduce -11.6% |
| JBL Jabil Inc. | 0.24% | 11,100 | $1.3M | Add +40.5% |
| TAP Molson Coors Beverage Co. Class B | 0.24% | 23,000 | $1.3M | Reduce -24.6% |
| CVS CVS Health Corp. | 0.24% | 21,036 | $1.3M | Add +10.7% |
| PYPL PayPal Holdings Inc. | 0.24% | 16,783 | $1.3M | Add +86.5% |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.24% | 28,905 | $1.3M | Add +150.0% |
| MDT Medtronic PLC | 0.24% | 14,500 | $1.3M | Add +31.8% |
| ALE Allete Inc. | 0.23% | 20,044 | $1.3M | Reduce -28.1% |
| SNX TD Synnex Corp. | 0.23% | 10,646 | $1.3M | No change |
| MRK Merck & Co. Inc. | 0.23% | 11,205 | $1.3M | Add +67.2% |
| VTRS Viatris Inc. | 0.23% | 108,450 | $1.3M | Reduce -12.9% |
| KMLM Kraneshares MT LC MN FT Id S | 0.23% | 42,963 | $1.3M | Add +18.1% |
Options reported separately and not counted above: SPY puts ($94.1M), MSTR puts ($60.0M), AAL puts ($35.7M), GLD puts ($19.0M), TLT puts ($18.7M), ARKK puts ($11.6M), EEM puts ($10.7M), ARKK calls ($9.6M), SIRI puts ($8.8M), XLF puts ($8.6M), CCL puts ($6.5M), KRE puts ($6.0M), and 212 more.
Other holdings (176): bonds, preferreds, convertibles and warrants · $1.2B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 34,750,000 | $62.5M | Add +4.5% |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 57,316,000 | $58.8M | No change |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 40,977,000 | $57.9M | Reduce -1.2% |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 29,487,000 | $49.7M | Add +63.4% |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | 32,018,000 | $48.1M | Add +18.5% |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 17,586,000 | $40.4M | Add +6.0% |
| RBC BEARINGS INC (RBC 5 10/15/24 A) | 5% CNV PFD SR A | 294,827 | $39.3M | Add +77.9% |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 34,431,000 | $34.3M | Add +7.8% |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 21,487,000 | $27.9M | Add +59.3% |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 29,799,000 | $27.8M | No change |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 27,450,000 | $27.4M | Add +361.3% |
| BROOKDALE SENIOR LIVING (BKD 7 11/15/25) | UNIT 11/15/2025 | 296,134 | $27.2M | Add +220.5% |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 20,850,000 | $25.5M | Add +102.6% |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 17,750,000 | $25.1M | New |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | 16,890,000 | $25.0M | Add +1274.3% |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | 20,300,000 | $22.0M | New |
| IMAX CORP (IMAX 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | 19,500,000 | $19.6M | Add +18.2% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 20,000,000 | $19.4M | Add +42.9% |
| PETIQ INC (PETQ 4 06/01/26) | NOTE 4.000% 6/0 · principal | 16,000,000 | $18.7M | New |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 16,238,000 | $18.0M | Reduce -5.0% |
| MANNKIND CORP (MNKD 2.5 03/01/26) | NOTE 2.500% 3/0 · principal | 13,500,000 | $18.0M | Reduce -3.6% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24) | NOTE 0.125%11/1 · principal | 16,717,000 | $16.7M | New |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 8,650,000 | $16.0M | Add +16.9% |
| KIMCO REALTY CORP (KIM 7.25 PERP N) | DP CV CL N 7.25% | 256,824 | $15.8M | Add +6.6% |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 11,745,000 | $14.3M | New |
| TRANSOCEAN INTERNTNL LTD (RIG 4 12/15/25 *) | DEB 4.000%12/1 · principal | 12,500,000 | $13.9M | New |
| SAREPTA THERAPEUTICS INC (SRPT 1.5 11/15/24) | DBCV 1.500%11/1 · principal | 8,197,000 | $13.9M | No change |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 14,070,000 | $13.6M | Add +125.3% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 10,753,000 | $13.1M | Add +3.4% |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 12,726,000 | $13.1M | New |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 13,100,000 | $12.8M | Add +1210.0% |
| INSIGHT ENTERPRS (NSIT 0.75 02/15/25) | NOTE 0.750% 2/1 · principal | 4,000,000 | $12.6M | New |
| DISH NETWORK CORP (DISH 3.375 08/15/26) | NOTE 3.375% 8/1 · principal | 14,950,000 | $12.1M | Add +115.9% |
| DISH NETWORK CORP (DISH 0 12/15/25) | NOTE 12/1 · principal | 12,437,000 | $10.8M | Add +148.7% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 10,136,000 | $10.1M | Add +30615.2% |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 9,000,000 | $9.3M | Add +125.0% |
| EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) | NOTE 4.750%10/1 · principal | 6,960,000 | $8.6M | New |
| ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | NOTE 7.500% 8/0 · principal | 8,000,000 | $8.1M | New |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 8,000,000 | $8.1M | New |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 7,000,000 | $8.0M | Reduce -6.7% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 7,502,000 | $7.9M | New |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 9,000,000 | $7.9M | New |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 7,789,000 | $7.6M | Add +15.2% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 7,516,000 | $7.3M | New |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 116,061 | $7.1M | New |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 100,567 | $6.9M | New |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 6,405,000 | $6.9M | Reduce -31.9% |
| TRAVERE THERAPEUTICS INC (TVTX 2.5 09/15/25) | NOTE 2.500% 9/1 · principal | 7,080,000 | $6.8M | Add +39.4% |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 992,330 | $6.7M | Add +109.4% |
| SPECIAL OPPORTUNITY FUND (SPE 2.75 01/27/27 C) | 2.75% CNV PFD C | 278,199 | $6.6M | Reduce -1.8% |
| CANADIAN SOLAR INC (CSIQ 2.5 10/01/25) | NOTE 2.500%10/0 · principal | 6,732,000 | $6.4M | No change |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 6,075,000 | $6.4M | Add +465.1% |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 6,000,000 | $6.3M | Add +200.0% |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 7,190,000 | $6.2M | Reduce -25.8% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 6,000,000 | $5.8M | New |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 3,750,000 | $5.8M | New |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 5,500,000 | $5.8M | New |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 5,635,000 | $5.2M | New |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | 5,029,000 | $5.1M | Add +293.2% |
| BROOKDALE SENIOR LIVING (BKD 2 10/15/26) | NOTE 2.000%10/1 · principal | 4,587,000 | $4.9M | Reduce -46.2% |
| SEA LTD (SEALTD 1 12/01/24) | NOTE 1.000%12/0 · principal | 2,500,000 | $4.7M | New |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 5,000,000 | $4.6M | New |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 4,500,000 | $4.5M | New |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 2,932,000 | $4.2M | New |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | 3,040,000 | $4.2M | Reduce -45.1% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 3,500,000 | $3.6M | Add +250.0% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 4,033,000 | $3.5M | Reduce -33.1% |
| VEECO INSTRUMENTS INC (VECO 3.5 01/15/25) | NOTE 3.500% 1/1 · principal | 2,400,000 | $3.4M | No change |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 2,920,000 | $3.3M | Reduce -40.6% |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 3,500,000 | $3.0M | Add +250.0% |
| PERFICIENT INC (PRFT 0.125 11/15/26) | NOTE 0.125%11/1 · principal | 3,000,000 | $3.0M | No change |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 49,658 | $2.8M | New |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 2,500,000 | $2.7M | New |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 2,500,000 | $2.5M | New |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 2,432,000 | $2.4M | No change |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 3,000,000 | $2.4M | Add +50.0% |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | 2,500,000 | $2.4M | New |
| WORKIVA INC (WK 1.125 08/15/26) | NOTE 1.125% 8/1 · principal | 2,000,000 | $2.3M | No change |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 2,000,000 | $2.3M | New |
| TPI COMPOSITES INC (TPIC 5.25 03/15/28) | NOTE 5.250% 3/1 · principal | 4,113,000 | $2.3M | Add +14.9% |
| LUNRW Intuitive Machines Inc.-CW | *W EXP 99/99/999 | 906,254 | $2.3M | Add +2268.9% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 2,300,000 | $2.2M | No change |
| CMPOW Composecure Inc. -CW25 | *W EXP 12/27/202 | 586,029 | $2.2M | New |
| GRND.WS Grindr Inc. -26 | *W EXP 11/18/202 | 722,455 | $2.2M | Add +9.3% |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 2,144,000 | $2.0M | New |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 2,000,000 | $1.9M | New |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 2,000,000 | $1.8M | No change |
| SMR.WS Nuscale Power Co. -CW27 | *W EXP 05/02/202 | 577,441 | $1.8M | Add +34.8% |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 1,994,000 | $1.8M | Reduce -75.1% |
| NOVAVAX INC (NVAX 5 12/15/27) | NOTE 5.000%12/1 · principal | 1,400,000 | $1.8M | New |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | NOTE 1.750% 2/1 · principal | 2,000,000 | $1.7M | New |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 2,000,000 | $1.6M | Reduce -60.0% |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 2,000,000 | $1.5M | New |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 1,743,000 | $1.5M | Add +67.1% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 1,500,000 | $1.4M | No change |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 1,500,000 | $1.4M | New |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 1,500,000 | $1.4M | New |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 1,362,000 | $1.3M | Add +419.9% |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | 55,193 | $1.2M | Reduce -4.1% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 1,000,000 | $1.2M | No change |
| SABRE GLBL INC (SABHLD 7.32 08/01/26) | NOTE 7.320% 8/0 · principal | 1,000,000 | $1.1M | No change |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | 2,000,000 | $1.1M | New |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 2,500,000 | $943K | New |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 1,000,000 | $885K | New |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 700,000 | $865K | Reduce -93.8% |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 17,639 | $851K | New |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | 930,108 | $818K | Reduce -8.9% |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | 880,000 | $734K | No change |
| AUROW Aurora Innovation Inc. -CW28 | *W EXP 11/03/202 | 838,453 | $695K | Add +238.1% |
| UWM HOLDINGS CORPORATION | *W EXP 01/21/202 | 852,693 | $512K | Add +38.9% |
| SKYH.WS Yellowstone Acquisit A -CW25 | *W EXP 01/25/202 | 222,248 | $500K | Add +82.3% |
| CUTERA INC (CUTR 4 06/01/29) | NOTE 4.000% 6/0 · principal | 2,875,000 | $481K | No change |
| RWT HOLDINGS INC (RWT 5.75 10/01/25) | NOTE 5.750%10/0 · principal | 471,000 | $468K | No change |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 333,000 | $356K | New |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 5,228 | $284K | No change |
| ABLLW East Resources Acquis -CW27 | *W EXP 06/30/202 | 160,681 | $273K | Reduce -25.6% |
| THE REALREAL INC (REAL 1 03/01/28) | NOTE 1.000% 3/0 · principal | 500,000 | $233K | No change |
| CHEFS' WAREHOUSE THE (CHEF 1.875 12/01/24) | NOTE 1.875%12/0 · principal | 146,000 | $152K | Add +89.6% |
| NPWR.WS Rice Acquisition Corp. II-CW | *W EXP 06/08/202 | 124,198 | $145K | Reduce -69.9% |
| DSX.WS Diana Shipping Inc.-28 | *W EXP 12/14/202 | 525,203 | $145K | Reduce -19.4% |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 181,858 | $145K | New |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 381,227 | $133K | Add +24.1% |
| OPFI.WS Oppfi Inc. -CW26 | *W EXP 07/20/202 | 457,097 | $96K | Add +212.1% |
| CUTERA INC (CUTR 2.25 06/01/28) | NOTE 2.250% 6/0 · principal | 500,000 | $73K | No change |
| RNWWW Renew Energy Global -CW26 | *W EXP 08/21/202 | 211,181 | $70K | Add +544.7% |
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | 276,704 | $70K | New |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 262,100 | $68K | New |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | 446,089 | $67K | Add +763.1% |
| CBDMD INC (YCBD 8 PERP A) | 8% SER A CUM PFD | 74,398 | $51K | No change |
| LVWR.WS Livewire Group Inc.-27 | *W EXP 09/26/202 | 427,325 | $45K | Add +1.2% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 36,000 | $40K | New |
| RZLVW Rezolve AI PLC -CW27 | *W EXP 08/15/202 | 216,664 | $39K | New |
| LOTWW Lotus Technology Inc.-28 | *W EXP 02/22/202 | 129,801 | $39K | No change |
| EVGO INC | *W EXP 07/01/202 | 116,533 | $36K | New |
| LPAAW Launch One Acquisition - 29 | *W EXP 06/01/203 | 440,000 | $36K | New |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | 237,699 | $36K | New |
| AMPWF Ardagh Metal Packaging -CW26 | *W EXP 08/04/202 | 508,936 | $28K | No change |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 540,675 | $27K | Add +2403.5% |
| HUMAW Humacyte Inc.-CW27 | *W EXP 08/27/202 | 12,846 | $23K | Reduce -90.6% |
| MLKWF Waldencast Acq Class A -CW27 | *W EXP 07/27/202 | 138,049 | $22K | No change |
| OABIW Omniab Inc. - CW26 | *W EXP 99/99/999 | 54,656 | $22K | Add +84.3% |
| SIMAW Sim Acquisition Corp. - 29 | *W EXP 06/01/203 | 238,210 | $21K | New |
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | 16,661 | $21K | Add +11.1% |
| SQFTW Presidio Property TRST -CW27 | *W EXP 01/24/202 | 551,573 | $19K | No change |
| RDW.WS Redwire Corp. -CW27 | *W EXP 05/27/202 | 15,495 | $19K | New |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | 120,044 | $19K | New |
| SLND.WS Legato Merger Corp. II -CW23 | *W EXP 02/14/202 | 50,000 | $19K | No change |
| ML.WS Moneylion Inc. -CW27 | *W EXP 09/22/202 | 11,857 | $17K | Reduce -5.6% |
| EVEX.WS Eve Holdng Inc. -CW25 | *W EXP 05/09/202 | 135,876 | $15K | No change |
| ADVWW Advantage Solutions in-CW25 | *W EXP 10/28/202 | 423,611 | $13K | Add +83.3% |
| CUBWW Lionheart Holdings - WT | *W EXP 06/07/203 | 187,102 | $12K | New |
| ALFUW Centurion Acquisition - 29 | *W EXP 05/31/203 | 106,140 | $10K | Reduce -75.6% |
| MAPSW WM Technology Inc.-CW24 | *W EXP 06/16/202 | 415,016 | $8K | Reduce -26.8% |
| GABELLI UTILITY TRUST/THE | RIGHT 10/21/2024 | 40,590 | $8K | New |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 72,155 | $7K | New |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 27,000 | $6K | No change |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | 25,000 | $5K | New |
| PRCWF Procaps Group SA -CW26 | *W EXP 09/29/202 | 162,004 | $5K | No change |
| HOLLEY INC | *W EXP 11/30/202 | 65,275 | $4K | Reduce -21.9% |
| SESCW Ivanhoe Capital Class A -CW27 | *W EXP 12/10/202 | 100,000 | $3K | New |
| ETWOW E2OPEN Parent Ho -CW25 | *W EXP 02/04/202 | 16,514 | $3K | New |
| AIIOW NWTN Inc. -CW27 | *W EXP 11/11/202 | 27,550 | $3K | No change |
| BBAI.WS Bigbear.ai Holdings -CW28 | *W EXP 12/08/202 | 18,662 | $3K | No change |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 36,478 | $2K | No change |
| BKSYW Blacksky Technology -CW24 | *W EXP 09/09/202 | 43,967 | $1K | Reduce -53.2% |
| COEPW Bull Horn Holdings Corp.-CW25 | *W EXP 10/28/202 | 38,848 | $1K | No change |
| NKGNW Graf Acquisition Corp.-CW28 | *W EXP 05/31/202 | 12,795 | $905 | No change |
| WINVW Winvest Acquisition -CW23 | *W EXP 08/09/202 | 25,000 | $680 | No change |
| MYPSW Playstudios Inc. -CW26 | *W EXP 99/99/999 | 37,725 | $623 | Reduce -79.1% |
| BLEUACACIA LTD | *W EXP 10/30/202 | 20,100 | $549 | No change |
| GDEV INC | *W EXP 99/99/999 | 10,000 | $499 | No change |
| CCGWW Cheche Group Inc. - 28 | *W EXP 10/01/203 | 20,000 | $336 | No change |
| MNYWW Moneyhero Ltd.-28 | *W EXP 09/13/202 | 10,000 | $330 | No change |
| ZCARW Zoomcar Holdings Inc. | *W EXP 05/31/202 | 18,800 | $323 | No change |
| JWSWF Jaws Mustang Acq C -CW26 | *W EXP 01/30/202 | 10,034 | $232 | No change |
| BROGW Brooge Holdings Ltd. | *W EXP 12/20/202 | 17,024 | $61 | No change |
Total filed on the 13F, all lines: $1.7B.
Portfolio Sells Q2 2024 → Q3 2024
| ALF Centurion Acquisition Corp. | Reduce -80.9% | 0.30% | −1.60 |
| NEE Nextera Energy Inc. | Reduce -86.3% | 0.21% | −1.37 |
| CUB Lionheart Holdings Class A | Reduce -97.0% | 0.03% | −1.26 |
| EVBG Everbridge Inc. | Sold out | 0.00% | −1.17 |
| XLE SS Energy Select Sector | Reduce -96.0% | 0.03% | −0.86 |
| CATC Cambridge Bancorp | Sold out | 0.00% | −0.77 |
| PEO Adams Natural Resources Fund | Reduce -36.4% | 0.82% | −0.77 |
| MGRC McGrath Rentcorp | Sold out | 0.00% | −0.61 |
| XJPIX Nuveen Preferred Securities | Sold out | 0.00% | −0.60 |
| WIRE Encore Wire Corp. | Sold out | 0.00% | −0.56 |
| TTE Totalenergies SE -Spon ADR | Reduce -68.3% | 0.18% | −0.53 |
| MRO Marathon Oil Corp. | Reduce -67.6% | 0.16% | −0.49 |
| SO The Southern Co. | Sold out | 0.00% | −0.45 |
| SHEL Shell PLC-ADR | Reduce -29.5% | 0.51% | −0.45 |
| BP BP PLC-Spons ADR | Reduce -10.3% | 0.79% | −0.44 |
| SU Suncor Energy Inc. | Reduce -63.3% | 0.16% | −0.39 |
| CERE Cerevel Therapeutics Holding | Sold out | 0.00% | −0.38 |
| MUR Murphy Oil Corp. | Reduce -4.4% | 0.67% | −0.37 |
| OLK Olink Holding AB - ADR | Sold out | 0.00% | −0.36 |
| CVLY Codorus Valley Bancorp Inc. | Sold out | 0.00% | −0.34 |
| MCBC Macatawa Bank Corp. | Sold out | 0.00% | −0.31 |
| LSXMB Liberty Media Corp.-Liber-B | Sold out | 0.00% | −0.28 |
| STEW SRH Total Return Fund Inc. | Reduce -1.3% | 1.88% | −0.25 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.24 |
| TONT.U Graf Global Corp. | Sold out | 0.00% | −0.23 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.22 |
| NWLI National Western Life Grou-A | Sold out | 0.00% | −0.22 |
| EDR Endeavor Group Hold Class A | Sold out | 0.00% | −0.21 |
| WRK Westrock Co. | Sold out | 0.00% | −0.20 |
| HOLI Hollysys Automation Technolo | Sold out | 0.00% | −0.20 |
| VZIO Vizio Holding Corp. Class A | Reduce -38.7% | 0.21% | −0.19 |
| GRINDROD SHIPPING HOLDINGS L | Sold out | 0.00% | −0.18 |
| ASGI Abrdn Global Infrastructure | Sold out | 0.00% | −0.18 |
| ETRN Equitrans Midstream Corp. | Sold out | 0.00% | −0.18 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.18 |
| CBH Virtus Convertible & Income | Sold out | 0.00% | −0.17 |
| APA Apa Corp. | Reduce -47.3% | 0.10% | −0.17 |
| MHK Mohawk Industries Inc. | Reduce -62.9% | 0.13% | −0.16 |
| CALB California Bancorp Inc. | Sold out | 0.00% | −0.16 |
| AMLP Alerian MLP ETF | Reduce -53.8% | 0.09% | −0.16 |
| XHB SS SPDR S&P Homebldrs ETF | Sold out | 0.00% | −0.15 |
| LKQ LKQ Corp. | Reduce -52.6% | 0.09% | −0.15 |
| NXST Nexstar Media Group Inc. | Sold out | 0.00% | −0.15 |
| ALE Allete Inc. | Reduce -28.1% | 0.23% | −0.15 |
| AVUV Avantis US Small Cap Value | Reduce -7.5% | 0.64% | −0.14 |
| BRW Saba Capital Income & Opport | Reduce -18.0% | 0.38% | −0.14 |
| AR Antero Resources Corp. | Sold out | 0.00% | −0.14 |
| CEF Sprott Physical Gold and Sil | Reduce -6.7% | 0.82% | −0.14 |
| MNST Monster Beverage Corp. | Sold out | 0.00% | −0.14 |
| NTG Tortoise Midstream Energy | Reduce -67.8% | 0.06% | −0.14 |
Portfolio Buys Q2 2024 → Q3 2024
| CCL Carnival Corp. | New | 10.89% | +10.89 |
| SMTC Semtech Corp. | New | 2.25% | +2.25 |
| HONDU HCM II Acquisition Corp. | New | 1.60% | +1.60 |
| VACHU Voyager Acquisition Corp. | New | 1.37% | +1.37 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.70% | +0.70 |
| LPAA Launch One Acquisition Corp. | New | 0.68% | +0.68 |
| AAN The Aaron's Co. Inc. | Add +1838.0% | 0.41% | +0.38 |
| W Wayfair Inc. Class A | Add +4262.5% | 0.35% | +0.34 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +971.4% | 0.37% | +0.33 |
| PARAA Paramount Global Class B | Add +1173.3% | 0.37% | +0.33 |
| VGR Vector Group Ltd. | New | 0.32% | +0.32 |
| RSP Invesco S&P 500 Equal Weight | Add +26.5% | 2.46% | +0.30 |
| HTLF Heartland Financial USA Inc. | Add +129.1% | 0.48% | +0.28 |
| PRFT Perficient Inc. | New | 0.27% | +0.27 |
| SRDX Surmodics Inc. | New | 0.24% | +0.24 |
| PWSC Powerschool Holdings Inc. Class A | Add +2341.7% | 0.24% | +0.23 |
| EMO Clearbridge Energy Midstream | Add +403.8% | 0.26% | +0.20 |
| PFC Premier Financial Corp. | New | 0.20% | +0.20 |
| IBIT iShares Bitcoin Trust ETF | Add +96.9% | 0.42% | +0.17 |
| XTTPX Tortoise Pipeline & Energy | New | 0.16% | +0.16 |
| EVRG Evergy Inc. | New | 0.16% | +0.16 |
| FTW.U Eqv Ventures Acquisition Cor | New | 0.16% | +0.16 |
| MCK McKesson Corp. | New | 0.16% | +0.16 |
| EVBN Evans Bancorp Inc. | New | 0.16% | +0.16 |
| XNDPX Tortoise Energy Independence | New | 0.16% | +0.16 |
| EVRI Everi Holdings Inc. | New | 0.16% | +0.16 |
| EXPE Expedia Group Inc. | Add +126.4% | 0.28% | +0.15 |
| CRM Salesforce Inc. | Add +320.0% | 0.21% | +0.15 |
| EWZ iShares MSCI Brazil ETF | New | 0.15% | +0.15 |
| COR Cencora Inc. | New | 0.15% | +0.15 |
| LDOS Leidos Holdings Inc. | Add +333.3% | 0.19% | +0.14 |
| CTRA Coterra Energy Inc. | New | 0.13% | +0.13 |
| KHC The Kraft Heinz Co. | Add +176.2% | 0.22% | +0.13 |
| SQSP Squarespace Inc. Class A | New | 0.13% | +0.13 |
| EXAS Exact Sciences Corp. | New | 0.13% | +0.13 |
| SIRI Sirius XM Holdings Inc. | New | 0.13% | +0.13 |
| HAYN Haynes International Inc. | Add +118.4% | 0.28% | +0.13 |
| JLL Jones Lang Lasalle Inc. | New | 0.13% | +0.13 |
| VEEV Veeva Systems Inc. Class A | New | 0.12% | +0.12 |
| AFBI Affinity Bancshares Inc. | New | 0.12% | +0.12 |
| ESGR Enstar Group Ltd. | New | 0.12% | +0.12 |
| PYPL PayPal Holdings Inc. | Add +86.5% | 0.24% | +0.12 |
| BALY Bally's Corp. | New | 0.12% | +0.12 |
| ADM Archer-Daniels-Midland Co. | Add +347.1% | 0.16% | +0.12 |
| KMB Kimberly-Clark Corp. | New | 0.12% | +0.12 |
| PFGC Performance Food Group Co. | New | 0.11% | +0.11 |
| EXAI Exscientia Ltd. | New | 0.11% | +0.11 |
| ITI Iteris Inc. | New | 0.11% | +0.11 |
| AY Atlantica Sustainable Infras | Add +179.5% | 0.18% | +0.10 |
| ARW Arrow Electronics Inc. | Add +184.0% | 0.17% | +0.10 |
Options Activity Q2 2024 → Q3 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -37.0% | 164,000 | $94.1M |
| MSTR Strategy Inc. | put | Add +0.3% | 356,000 | $60.0M |
| AAL American Airlines Group Inc. | put | Add +6.5% | 3,174,600 | $35.7M |
| GE AEROSPACE | put | Sold out | 150,000 | $23.8Mbefore exit |
| GLD SPDR Gold Shares | put | Reduce -44.6% | 78,100 | $19.0M |
| TLT iShares 20+ Year Treasury BD | put | New | 190,900 | $18.7M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Sold out | 158,100 | $12.2Mbefore exit |
| ARKK ARK Innovation ETF | put | Add +121.2% | 243,300 | $11.6M |
| EEM iShares MSCI Emerging Market | put | Add +52.7% | 232,900 | $10.7M |
| TLT iShares 20+ Year Treasury BD | call | Sold out | 111,100 | $10.2Mbefore exit |
| ARKK ARK Innovation ETF | call | Reduce -32.5% | 202,700 | $9.6M |
| SIRI Sirius XM Holdings Inc. | put | New | 372,636 | $8.8M |
| XLF SS Financial Select Sector | put | Add +171.4% | 190,000 | $8.6M |
| CCL Carnival Corp. | put | Add +2.9% | 351,800 | $6.5M |
| KRE SS SPDR S&P Regional Bank | put | Add +41.1% | 106,700 | $6.0M |
| SOFI Sofi Technologies Inc. | put | Add +1.6% | 681,800 | $5.4M |
| RIVN Rivian Automotive Inc. Class A | put | Add +15.8% | 475,300 | $5.3M |
| EVBG Everbridge Inc. | put | Sold out | 144,900 | $5.1Mbefore exit |
| NIO Nio Inc. - ADR | put | Reduce -1.1% | 692,500 | $4.6M |
| XOP SS SPDR S&P Og Exp & Prod | put | Sold out | 31,000 | $4.5Mbefore exit |
| LSXMK Liberty Media Corp.-Liber-New | call | Sold out | 185,300 | $4.1Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | New | 8,000 | $3.9M |
| XHB SS SPDR S&P Homebldrs ETF | put | Sold out | 38,000 | $3.8Mbefore exit |
| DVN Devon Energy Corp. | call | Sold out | 80,000 | $3.8Mbefore exit |
| TTWO Take-Two Interactive Softwre | put | Sold out | 23,000 | $3.6Mbefore exit |
| ISRG Intuitive Surgical Inc. | put | Add +16.7% | 7,000 | $3.4M |
| SIRI Sirius XM Holdings Inc. | call | New | 138,959 | $3.3M |
| RSP Invesco S&P 500 Equal Weight | call | New | 17,500 | $3.1M |
| IWM iShares Russell 2000 ETF | put | Reduce -60.0% | 14,000 | $3.1M |
| XLE SS Energy Select Sector | put | Reduce -74.0% | 35,000 | $3.1M |
| XLE SS Energy Select Sector | call | New | 35,000 | $3.1M |
| VAC Marriott Vacations World | put | Reduce -19.6% | 41,000 | $3.0M |
| PCG P G & E Corp. | put | Add +43.4% | 152,000 | $3.0M |
| USO United States Oil Fund LP | call | Sold out | 35,800 | $2.8Mbefore exit |
| GM General Motors Co. | call | Sold out | 55,000 | $2.6Mbefore exit |
| PARAA Paramount Global Class B | put | Add +329.2% | 214,600 | $2.3M |
| EWU iShares MSCI United Kingdom | call | New | 60,700 | $2.3M |
| NVAX Novavax Inc. | put | Add +1.4% | 176,100 | $2.2M |
| V Visa Inc. Class A | put | New | 8,000 | $2.2M |
| MNST Monster Beverage Corp. | call | Sold out | 42,000 | $2.1Mbefore exit |
| XLU St Sr Utl SL SE SPDR ETF-Usd | put | Add +412.0% | 25,600 | $2.1M |
| SWK Stanley Black & Decker Inc. | put | Add +15.7% | 18,400 | $2.0M |
| DASH DoorDash Inc. Class A | put | Add +133.3% | 14,000 | $2.0M |
| UGI Ugi Corp. | put | New | 76,000 | $1.9M |
| VEEV Veeva Systems Inc. Class A | call | Sold out | 10,000 | $1.8Mbefore exit |
| XLI SS Industrial Select Sector | put | Reduce -80.6% | 13,000 | $1.8M |
| LSXMA Liberty Media Corp. Class A New | call | Sold out | 77,500 | $1.7Mbefore exit |
| SIRI Sirius XM Holdings Inc. | put | Sold out | 596,500 | $1.7Mbefore exit |
| SIRI Sirius XM Holdings Inc. | call | Sold out | 574,000 | $1.6Mbefore exit |
| MRO Marathon Oil Corp. | call | Sold out | 56,000 | $1.6Mbefore exit |
Showing the first 50 of 337.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | Sold out | 50,150,000 | $162.0Mbefore exit |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Add +4.5% | 34,750,000 | $62.5M |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Reduce -1.2% | 40,977,000 | $57.9M |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Add +63.4% | 29,487,000 | $49.7M |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | Add +18.5% | 32,018,000 | $48.1M |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | Add +6.0% | 17,586,000 | $40.4M |
| RBC BEARINGS INC (RBC 5 10/15/24 A) | 5% CNV PFD SR A | Add +77.9% | 294,827 | $39.3M |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | Add +7.8% | 34,431,000 | $34.3M |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | Add +59.3% | 21,487,000 | $27.9M |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | Add +361.3% | 27,450,000 | $27.4M |
| BROOKDALE SENIOR LIVING (BKD 7 11/15/25) | UNIT 11/15/2025 | Add +220.5% | 296,134 | $27.2M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Add +102.6% | 20,850,000 | $25.5M |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | New | 17,750,000 | $25.1M |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | Add +1274.3% | 16,890,000 | $25.0M |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | New | 20,300,000 | $22.0M |
| IMAX CORP (IMAX 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | Add +18.2% | 19,500,000 | $19.6M |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | Add +42.9% | 20,000,000 | $19.4M |
| PETIQ INC (PETQ 4 06/01/26) | NOTE 4.000% 6/0 · principal | New | 16,000,000 | $18.7M |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | Reduce -5.0% | 16,238,000 | $18.0M |
| MANNKIND CORP (MNKD 2.5 03/01/26) | NOTE 2.500% 3/0 · principal | Reduce -3.6% | 13,500,000 | $18.0M |
| MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24) | NOTE 0.125%11/1 · principal | New | 16,717,000 | $16.7M |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | Add +16.9% | 8,650,000 | $16.0M |
| KIMCO REALTY CORP (KIM 7.25 PERP N) | DP CV CL N 7.25% | Add +6.6% | 256,824 | $15.8M |
| CORE SCIENTIFIC INC (CORZ 12 01/23/29) | NOTE 10.000% 1/2 · principal | Sold out | 9,202,481 | $14.8Mbefore exit |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | New | 11,745,000 | $14.3M |
| TRANSOCEAN INTERNTNL LTD (RIG 4 12/15/25 *) | DEB 4.000%12/1 · principal | New | 12,500,000 | $13.9M |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Add +125.3% | 14,070,000 | $13.6M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Add +3.4% | 10,753,000 | $13.1M |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | New | 12,726,000 | $13.1M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Add +1210.0% | 13,100,000 | $12.8M |
| INSIGHT ENTERPRS (NSIT 0.75 02/15/25) | NOTE 0.750% 2/1 · principal | New | 4,000,000 | $12.6M |
| DISH NETWORK CORP (DISH 3.375 08/15/26) | NOTE 3.375% 8/1 · principal | Add +115.9% | 14,950,000 | $12.1M |
| DISH NETWORK CORP (DISH 0 12/15/25) | NOTE 12/1 · principal | Add +148.7% | 12,437,000 | $10.8M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +30615.2% | 10,136,000 | $10.1M |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Sold out | 8,500,000 | $9.7Mbefore exit |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | Add +125.0% | 9,000,000 | $9.3M |
| EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) | NOTE 4.750%10/1 · principal | New | 6,960,000 | $8.6M |
| ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | NOTE 7.500% 8/0 · principal | New | 8,000,000 | $8.1M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | New | 8,000,000 | $8.1M |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Reduce -6.7% | 7,000,000 | $8.0M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | New | 7,502,000 | $7.9M |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | New | 9,000,000 | $7.9M |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | Add +15.2% | 7,789,000 | $7.6M |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | New | 7,516,000 | $7.3M |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | New | 116,061 | $7.1M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | New | 100,567 | $6.9M |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | Reduce -31.9% | 6,405,000 | $6.9M |
| TRAVERE THERAPEUTICS INC (TVTX 2.5 09/15/25) | NOTE 2.500% 9/1 · principal | Add +39.4% | 7,080,000 | $6.8M |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Add +109.4% | 992,330 | $6.7M |
| SPECIAL OPPORTUNITY FUND (SPE 2.75 01/27/27 C) | 2.75% CNV PFD C | Reduce -1.8% | 278,199 | $6.6M |
Showing the first 50 of 167.
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 | 556 | $743.0M | RSP, VOO, WDC, IAU, SPY |
| Q1 2026 | 525 | $632.8M | RSP, VOO, IAU, PEN, HOLX |
| Q4 2025 | 528 | $597.7M | VOO, RSP, IAU, SWZ, SOFI |
| Q3 2025 | 480 | $573.5M | VOO, RSP, SPY, IAU, CHINA FUND INC |
| Q2 2025 | 472 | $537.1M | RSP, VOO, IAU, STEW, BPMC |
| Q1 2025 | 459 | $499.3M | VOO, AXON, RSP, STEW, IAU |
| Q4 2024 | 462 | $534.5M | VOO, MTSI, RSP, STEW, IAU |
| Q3 2024 | 420 | $554.6M | CCL, VOO, SPY, RSP, SMTC |
| Q2 2024 | 424 | $457.3M | VOO, SPY, RSP, STEW, ALFUU |
| Q1 2024 | 414 | $409.7M | SPY, VOO, STEW, RSP, PEO |