CSS LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), CSS LLC reported 525 stock positions worth $632.8 million. Its top holding was Invesco S&P 500 Equal Weight (RSP) at 3.1% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 3.0%) and iShares Gold Trust (IAU, 2.8%). Compared with Q4 2025, it opened 133 new positions, sold out of 137, added to 152 and reduced 170. The biggest buy was a new position in Penumbra (PEN) and the biggest sale an exit from Sofi Technologies (SOFI).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001103646
Portfolio Value
$632.8M (Q1 2026)
SEC Filing
0001103646-26-000009 ↗ filed May 15, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $409.7M Q1 2024 Q2 2024: $457.3M Q2 2024 Q3 2024: $554.6M Q3 2024 Q4 2024: $534.5M Q4 2024 Q1 2025: $499.3M Q1 2025 Q2 2025: $537.1M Q2 2025 Q3 2025: $573.5M Q3 2025 Q4 2025: $597.7M Q4 2025 Q1 2026: $632.8M $632.8M Q1 2026 Q2 2026: $743.0M Q2 2026

Holdings 525 stocks · $632.8M
RSP Invesco S&P 500 Equal Weight 3.14% 103,482 $19.9M Add +9.1%
VOO Vanguard S&P 500 ETF 3.04% 32,210 $19.2M Add +1.8%
IAU iShares Gold Trust 2.79% 200,040 $17.6M Add +1.4%
PEN Penumbra Inc. 1.88% 36,140 $11.9M New
HOLX Hologic Inc. 1.41% 117,968 $8.9M Add +652.7%
STEW SRH Total Return Fund Inc. 1.25% 461,965 $7.9M No change
TACH Titan Acquisition Corp. Class A 1.15% 708,268 $7.3M No change
IRHO Iron Horse Acquisitions Corp. 1.15% 737,555 $7.3M No change
WDC Western Digital Corp. 1.09% 25,433 $6.9M Reduce -36.1%
WENN Wen Acquisition Corp. Class A 1.04% 647,631 $6.6M No change
DBMF Imgp Dbi MFT STR ETF-Usd Inc. 0.98% 205,764 $6.2M No change
SWZ Total Return Securities Fund 0.96% 1,020,547 $6.1M Reduce -38.5%
IONS Ionis Pharmaceuticals Inc. 0.94% 79,093 $5.9M New
CTA Simplify Managed Futures St 0.93% 193,879 $5.9M Add +0.2%
GLD SPDR Gold Shares 0.86% 12,623 $5.4M Add +36.8%
TRGSU TRG Latin America Acquisitio 0.84% 533,252 $5.3M New
AACIU Armada Acquisition Corp. III 0.79% 500,000 $5.0M New
BRW Saba Capital Income & Opport 0.75% 708,242 $4.8M Reduce -4.2%
LKSP Lake Superior Acquisiti Class A 0.74% 465,598 $4.7M Reduce -0.1%
IPCX Inflection Point Acquisiti-A 0.73% 454,422 $4.6M No change
IPFXU Inflection Point Acquisition 0.65% 405,666 $4.1M New
XRSFX Rivernorth Capital & Income 0.64% 280,459 $4.1M Reduce -4.9%
DBRG Digitalbridge Group Inc. 0.64% 262,248 $4.0M New
MESH Meshflow Acquisition Co. Class A 0.62% 396,547 $3.9M Reduce -11.2%
BCSS Bain Capital GSS Inv- A 0.62% 387,390 $3.9M Add +3773.9%
PTOR Praetorian Acquisition Cor-A 0.61% 397,053 $3.9M New
LLYVA Liberty Live Holdings Class A 0.60% 41,755 $3.8M No change
MTAL.U Metals Acquisition Corp. II 0.60% 374,411 $3.8M New
AVES Avantis Emerging Markets Val 0.60% 62,973 $3.8M No change
DAAQ Digital Asset Acquisiti Class A 0.60% 368,581 $3.8M Add +1839.9%
MXE Mexico Equity and Income FD 0.60% 291,997 $3.8M Reduce -12.2%
TACO Berto Acquisition Corp. 0.59% 364,881 $3.7M No change
IVLU iShares MSCI International V 0.57% 90,270 $3.6M No change
FG MERGER II CORP 0.56% 352,136 $3.6M No change
RDAG Republic Digital Acquis Class A 0.56% 345,952 $3.5M No change
EWJV iShares MSCI Japan Value ETF 0.56% 82,513 $3.5M No change
DFSV Dimensional US Small Cap Val 0.55% 99,860 $3.5M Reduce -8.4%
LPBB Launch Two Acquisition Class A 0.55% 328,620 $3.5M No change
SVIA Silvia Inc. filed as PROCAP FINL INC 0.52% 1,548,500 $3.3M No change
DBC Invesco DB Commodity Index T 0.49% 106,422 $3.1M Reduce -24.2%
MZYX.U Mozayyx Acquisition Corp. 0.48% 308,432 $3.1M New
FIGX Figx Capital Acquisition C-A 0.48% 299,799 $3.0M No change
FERA Fifth Era Acquisition Corp. Class A 0.43% 264,731 $2.7M No change
CHPG Championsgate Acquisitio-A 0.42% 260,924 $2.7M Reduce -4.5%
EFA iShares MSCI Eafe ETF 0.41% 27,020 $2.6M No change
CVX Chevron Corp. 0.41% 12,482 $2.6M Reduce -10.7%
MEVO M Evo Global Acquisitio Class A filed as M EVO GBL ACQUISITION CORP I 0.41% 261,390 $2.6M New
MTSI Macom Technology Solutions H 0.39% 11,248 $2.5M Add +24.7%
XCBE X3 Acquisition Corp. Ltd. Class A 0.39% 250,000 $2.5M New
DBCA D. Boral Acquisition I Class A 0.39% 248,000 $2.4M New
IBIT iShares Bitcoin Trust ETF 0.38% 62,811 $2.4M Add +219.9%
SM SM Energy Co. 0.38% 77,007 $2.4M Add +651.7%
BHF Brighthouse Financial Inc. 0.37% 38,985 $2.3M Add +52.9%
BE Bloom Energy Corp. Class A 0.37% 17,097 $2.3M Reduce -55.4%
MTDR Matador Resources Co. 0.35% 35,201 $2.2M Add +198.0%
QADRU Qdro Acquisition Corp. 0.35% 223,905 $2.2M New
KMLM Kraneshares MT LC MN FT Id S 0.35% 78,027 $2.2M No change
GTLS Chart Industries Inc. 0.34% 10,500 $2.2M Add +200.0%
PACH Pioneer Acquisition I Class A 0.34% 210,988 $2.1M Reduce -0.7%
CET Central Securities Corp. 0.33% 42,607 $2.1M No change
PEO Adams Natural Resources Fund 0.33% 74,495 $2.1M Reduce -25.1%
BDCI BTC Development Corp. Class A 0.32% 203,159 $2.0M New
AVUV Avantis US Small Cap Value 0.31% 17,989 $2.0M Reduce -54.4%
IACOU Idea Acquisition Corp. 0.31% 200,000 $2.0M New
SVIV Spring Valley Acquisitio-A 0.30% 195,070 $1.9M New
EA Electronic Arts Inc. 0.30% 9,400 $1.9M Add +3033.3%
MLAA Mountain Lake Acquisiti Class A 0.30% 190,236 $1.9M New
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 0.30% 28,828 $1.9M Add +89.2%
RAAQ Real Asset Acquisiti Class A 0.29% 177,685 $1.9M Reduce -54.1%
GAM General American Investors 0.29% 31,023 $1.8M Reduce -6.8%
DFIV Dimensional International Va 0.28% 33,970 $1.8M Reduce -15.8%
PRA Proassurance Corp. 0.28% 72,317 $1.8M Add +37.0%
ASA ASA Gold and Precious Metals 0.28% 28,384 $1.8M Add +123.5%
DELL Dell Technologies -C 0.28% 10,640 $1.7M Reduce -9.4%
MDY State Street SPDR S&P Midcap 0.27% 2,810 $1.7M Add +8.9%
APLS Apellis Pharmaceuticals Inc. 0.27% 42,818 $1.7M New
BP BP PLC-Spons ADR 0.27% 36,641 $1.7M Add +90.6%
HPQ HP Inc. 0.27% 88,775 $1.7M Add +65.1%
CCK Crown Holdings Inc. 0.27% 16,879 $1.7M Add +1.8%
NWE Northwestern Energy Group Inc. 0.27% 25,541 $1.7M Add +8.2%
HVMC Highview Merger Corp. Class A 0.27% 167,374 $1.7M New
MRK Merck & Co. Inc. 0.26% 13,865 $1.7M Reduce -12.9%
CWAN Clearwater Analytics HDS-A 0.26% 70,462 $1.7M New
DVN Devon Energy Corp. 0.26% 33,006 $1.7M New
PCG P G & E Corp. 0.26% 94,211 $1.7M Add +14.9%
UTHR United Therapeutics Corp. 0.26% 2,757 $1.6M Add +6.2%
SPE Special Opportunities Fund 0.26% 118,749 $1.6M Add +2.4%
ALF Centurion Acquisition Corp. 0.26% 150,681 $1.6M New
SLV iShares Silver Trust 0.25% 23,530 $1.6M Reduce -44.2%
AMP Ameriprise Financial Inc. 0.25% 3,586 $1.6M Add +39.8%
PM Philip Morris International 0.25% 9,590 $1.6M Add +13.4%
OS Onestream Inc. 0.25% 65,508 $1.6M New
TS Tenaris SA-ADR 0.24% 26,650 $1.6M Reduce -21.8%
TLT iShares 20+ Year Treasury BD 0.24% 17,670 $1.5M New
C Citigroup Inc. 0.24% 13,208 $1.5M Reduce -7.6%
ARW Arrow Electronics Inc. 0.24% 10,390 $1.5M Reduce -8.5%
CIFR Cipher Digital Inc. 0.24% 115,750 $1.5M New
SNX TD Synnex Corp. 0.23% 8,790 $1.5M Add +5.5%
SHEL Shell PLC-ADR 0.23% 15,920 $1.5M Add +8.1%
TWN Taiwan Fund Inc./TH/MD-US Inc. 0.23% 22,316 $1.5M Reduce -29.6%

Show all 525 holdings

Options reported separately and not counted above: GME puts ($28.0M), GLD puts ($16.4M), SPY calls ($14.6M), MSTR puts ($14.2M), HOLX puts ($12.8M), PEN puts ($12.2M), TLT puts ($11.3M), MASI calls ($9.6M), XEROX HOLDINGS CORP puts ($9.2M), AAL puts ($6.3M), ECHO puts ($5.3M), DBRG puts ($4.7M), and 210 more.

Other holdings (214): bonds, preferreds, convertibles and warrants · $1.2B (not counted above)
SecurityClassShares / PrincipalValueChange
LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) NOTE 0.500% 6/1 · principal 40,464,000$216.5MNo change
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal 40,925,753$146.6MAdd +8.2%
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) NOTE 2.000% 6/1 · principal 52,574,000$63.9MReduce -19.2%
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) NOTE 3.125% 1/1 · principal 32,756,000$49.9MNo change
TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) DEB 4.625% 9/3 · principal 24,418,000$49.5MReduce -10.7%
PEABODY ENERGY CORP (BTU 3.25 03/01/28) NOTE 3.250% 3/0 · principal 20,662,000$37.8MReduce -31.7%
NEXTERA ENERGY INC (NEE 7.375 02/15/29) UNIT 02/15/2029 540,739$27.2MNew
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) NOTE 4.250% 8/1 · principal 21,000,000$24.9MNew
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal 18,563,000$23.9MNew
EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) NOTE 4.750%10/1 · principal 7,936,000$19.1MReduce -58.1%
CORZW Core Scientific Inc. - 27 *W EXP 01/23/202 2,083,119$18.2MAdd +2.5%
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 250,421$17.9MAdd +402.4%
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) NOTE 1.125% 2/1 · principal 15,678,000$17.9MAdd +1.1%
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal 10,300,000$17.8MNo change
BRIDGEBIO PHARMA INC (BBIO 1.75 03/01/31) NOTE 1.750% 3/0 · principal 10,100,000$17.1MNew
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 277,318$16.3MAdd +2089.6%
SNOWFLAKE INC (SNOW 0 10/01/29) NOTE 10/0 · principal 13,000,000$15.9MNew
CLOUDFLARE INC (NET 0 08/15/26) NOTE 8/1 · principal 13,412,000$15.7MNew
CELCUITY INC (CELC 2.75 08/01/31) NOTE 2.750% 8/0 · principal 6,310,000$15.4MAdd +49.9%
KIMCO REALTY CORP (KIM 7.25 PERP N) DP CV CL N 7.25% 237,114$14.2MAdd +18.4%
MARA HOLDINGS INC (MARA 2.125 09/01/31) NOTE 2.125% 9/0 · principal 16,500,000$14.0MReduce -2.9%
WOLFSPEED INC (WOLF 2.5 06/15/31) NOTE 2.500% 6/1 · principal 9,256,940$13.5MAdd +35.7%
CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30) NOTE 2.000% 3/1 · principal 13,194,000$13.4MNew
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 10,314$12.3MReduce -56.4%
GUARDANT HEALTH INC (GH 1.25 02/15/31) DEBT 1.250% 2/1 · principal 7,014,000$11.8MReduce -36.2%
EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) PFD CV TR SEC 28 226,704$11.6MAdd +919.7%
MARA HOLDINGS INC (MARA 0 03/01/30) NOTE 3/0 · principal 12,933,000$11.5MAdd +12.5%
BEYOND MEAT INC (BYND 7 10/15/30) DEBT 10/1 · principal 17,118,000$10.7MNo change
VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) NOTE 2.250% 9/1 · principal 10,078,000$9.7MAdd +200.9%
BROOKDALE SENIOR LIVING (BKD 2 10/15/26) NOTE 2.000%10/1 · principal 5,632,000$9.5MNo change
CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) NOTE 3.875% 9/1 · principal 7,500,000$9.1MAdd +50.0%
SPECIAL OPPORTUNITY FUND (SPE 2.75 01/27/27 C) 2.75% CNV PFD C 344,986$8.6MAdd +6.7%
SOUTHERN CO (SO 4.5 06/15/27) NOTE 4.500% 6/1 · principal 7,102,000$7.9MAdd +5405.4%
STRATEGY INC (MSTR 2.25 06/15/32) NOTE 2.250% 6/1 · principal 7,500,000$7.7MReduce -4.9%
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV 114,501$7.5MAdd +603.1%
GREEN PLAINS INC (GPRE 5.25 11/01/30 UNRS) NOTE 5.250%11/0 · principal 5,256,000$7.4MNo change
LYFT INC (LYFT 0.625 03/01/29) NOTE 0.625% 3/0 · principal 7,238,000$7.3MAdd +3.9%
ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) NOTE 0.750% 8/0 · principal 7,200,000$7.2MAdd +38.5%
NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) NOTE 3.000% 3/0 · principal 5,000,000$6.9MNew
FLUENCE ENERGY INC (FLNC 2.25 06/15/30) NOTE 2.250% 6/1 · principal 6,140,000$6.2MReduce -39.5%
SPECTRUM BRANDS INC (SPB 3.375 06/01/29) NOTE 3.375% 6/0 · principal 6,280,000$6.2MReduce -28.5%
STRATEGY INC (MSTR 0 03/01/30) NOTE 3/0 · principal 7,000,000$6.1MNew
SUPER MICRO COMPUTER INC (SMCI 2.25 07/15/28) NOTE 2.250% 7/1 · principal 6,421,000$5.6MNew
AMPX.WS Amprius Technologies Inc. *W EXP 09/14/202 754,893$5.2MNew
CALLAWAY GOLF CO (CALY 2.75 05/01/26) NOTE 2.750% 5/0 · principal 5,160,000$5.2MNew
H WORLD GROUP LTD (HTHT 3 05/01/26) NOTE 3.000% 5/0 · principal 3,796,000$5.1MNo change
NIO INC (NIO 4.625 10/15/30) NOTE 4.625%10/1 · principal 5,000,000$5.0MNo change
SOLAR EDGE TECHNOLOGIES (SEDG 2.25 07/01/29) NOTE 2.250% 7/0 · principal 2,652,000$4.6MReduce -27.4%
WORKIVA INC (WK 1.25 08/15/28) NOTE 1.250% 8/1 · principal 4,787,000$4.5MAdd +60.8%
SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) 6 SER A CNV PREF 82,046$4.5MAdd +194.0%
JOBY AVIATION INC (JOBY 0.75 02/15/32) NOTE 0.750% 2/1 · principal 5,000,000$4.3MNew
PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) NOTE 3.500% 3/0 · principal 4,500,000$4.0MNew
PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) NOTE 1.500% 9/1 · principal 2,883,000$3.8MReduce -52.0%
INTEGER HOLDINGS CORP (ITGR 1.875 03/15/30) DBCV 1.875% 3/1 · principal 3,944,000$3.8MNew
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) NOTE 2.875% 3/1 · principal 2,982,000$3.5MReduce -74.0%
ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) NOTE 0.500% 6/0 · principal 2,500,000$3.5MReduce -2.0%
HERTZ CORP/THE (HTZ 8 07/15/29) NOTE 8.000% 7/1 · principal 3,292,638$3.2MAdd +4.0%
INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) NOTE 2.125% 2/1 · principal 2,714,000$3.2MReduce -57.4%
NIO INC (NIO 3.875 10/15/29) NOTE 3.875%10/1 · principal 3,000,000$3.1MNo change
ORACLE CORP (ORCL 6.5 01/15/29 D) 6.5 DEP CUM SR D 67,601$3.1MNew
ETSY INC (ETSY 0.125 10/01/26) NOTE 0.125%10/0 · principal 3,083,000$3.0MNew
CLEANSPARK INC (CLSK 0 06/15/30) NOTE 6/1 · principal 3,000,000$2.9MNo change
NEXTERA ENERGY INC (NEE 7.299 06/01/27) UNIT 06/01/2027 48,477$2.7MNew
VAL.WS Valaris Ltd. -CW28 *W EXP 04/29/202 165,697$2.6MNew
PENNYMAC CORP (PMT 8.5 06/01/29) NOTE 8.500% 6/0 · principal 2,542,000$2.6MNo change
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 60,531$2.6MAdd +67.4%
TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) NOTE 0.750% 6/1 · principal 2,500,000$2.6MNew
GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) NOTE 1.250%11/0 · principal 2,500,000$2.5MNew
NCL CORPORATION LTD (NCLH 1.125 02/15/27) NOTE 1.125% 2/1 · principal 2,500,000$2.5MReduce -33.1%
RIVIAN AUTO INC (RIVN 3.625 10/15/30) NOTE 3.625%10/1 · principal 2,539,000$2.4MReduce -60.8%
SNAP INC (SNAP 0.75 08/01/26) NOTE 0.750% 8/0 · principal 2,500,000$2.4MNo change
BOX INC (BOX 1.5 09/15/29) NOTE 1.500% 9/1 · principal 2,500,000$2.3MAdd +2.4%
FIVE9 INC (FIVN 1 03/15/29) NOTE 1.000% 3/1 · principal 2,500,000$2.2MNew
STRATEGY INC (MSTR 0 12/01/29) NOTE 12/0 · principal 2,500,000$2.1MNew
DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal 1,891,000$1.8MAdd +26.8%
GREEN PLAINS INC DEBT 5.250%11/0 · principal 1,270,000$1.8MNo change
SNOWFLAKE INC (SNOW 0 10/01/27) NOTE 10/0 · principal 1,500,000$1.8MReduce -85.6%
SNAP INC (SNAP 0.5 05/01/30) NOTE 0.500% 5/0 · principal 2,039,000$1.6MNew
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal 1,500,000$1.2MReduce -84.2%
XEROX HOLDINGS CORP (XRX 3.75 03/15/30) NOTE 3.750% 3/1 · principal 4,134,000$1.1MReduce -26.6%
BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) UNIT 02/01/2027 6,822$970KNew
GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) NOTE 5.875%10/0 · principal 1,000,000$936KReduce -50.0%
FIRSTENERGY CORP (FE 4 05/01/26) NOTE 4.000% 5/0 · principal 823,000$897KAdd +5.2%
PL.WS Planet Labs PBC -CW26 *W EXP 12/06/202 34,055$560KReduce -81.6%
EVOLENT HEALTH INC DEBT 4.500% 8/1 · principal 1,025,000$527KNo change
CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) NOTE 0.375% 6/1 · principal 479,000$477KAdd +28.1%
AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) NOTE 2.000% 3/1 · principal 510,000$460KReduce -79.7%
WAYFAIR INC (W 1 08/15/26) NOTE 1.000% 8/1 · principal 372,000$368KNo change
UPSTART HOLDINGS INC (UPST 0.25 08/15/26) NOTE 0.250% 8/1 · principal 350,000$344KNo change
TACHW Titan Acquisition Corp -30 *W EXP 05/16/203 1,102,593$331KReduce -5.2%
RAAQW REAL ASSET AQC Corp -30 *W EXP 04/24/203 247,048$329KReduce -46.7%
RVMDW Revolution Medicines Inc.-28 *W EXP 12/17/202 17,505$282KReduce -10.0%
EPR PROPERTIES (EPR 5.75 PERP C) PFD C CV 5.75% 11,457$259KNew
ATIIW Archimedes Tech-30 *W EXP 10/15/202 487,619$249KReduce -9.8%
WENNW Wen Acquisition Corp.-A -31 *W EXP 99/99/999 761,739$244KNo change
VACHW Voyager Acquisition Corp. -CW *W EXP 05/16/203 1,600,882$242KNo change
RDAGW Republic Digital Acqu - 30 *W EXP 05/01/203 521,141$229KNo change
VLOSW M3-Brigade Acquisition -30 *W EXP 99/99/999 688,128$200KReduce -19.6%
TMSWW Live Oak Acquisition Co.-CW29 *W EXP 99/99/999 127,538$182KNo change
KDKRW Ares Acquisition Corp. II-28 *W EXP 09/25/203 150,760$163KReduce -79.8%
AISPW Airship AI Holdings Inc.-CW28 *W EXP 12/21/202 216,374$153KAdd +89.1%
IPCXR Inflection Point Acquisition RIGHT 04/25/2030 43,070$151KNo change
LPBBW Launch Two Acquisition -29 *W EXP 10/09/202 950,373$148KNo change
NHICW Newhold Investment Corp. - 30 *W EXP 01/30/203 300,805$123KNo change
CMS ENERGY CORP (CMS 3.375 05/01/28) NOTE 3.375% 5/0 · principal 105,000$119KNew
HAEMONETICS CORP (HAE 2.5 06/01/29) NOTE 2.500% 6/0 · principal 122,000$116KReduce -99.0%
DSX.WS Diana Shipping Inc.-28 *W EXP 12/14/202 824,557$108KAdd +44.0%
IRHOR Iron Horse Acquisiti- Rights RIGHT 07/11/2030 73,810$105KReduce -90.0%
FERAR Fifth Era Acquisition Corp. I RIGHT 02/21/2030 33,473$100KNo change
OYSER Oyster Enterprises II Acquis RIGHT 05/22/2030 66,340$100KNo change
RAC.WS Rithm Acquisition Corp. - 30 *W EXP 99/99/999 144,966$93KReduce -41.1%
MLACR Mountain Lake Acquisition Co. RIGHT 11/15/2028 35,056$91KNo change
LCI INDUSTRIES (LCII 1.125 05/15/26) NOTE 1.125% 5/1 · principal 91,000$90KNew
BDCIW BTC Development Corp. - 30 *W EXP 09/11/203 166,866$80KReduce -0.5%
XRXDW Xerox Holdings Corp. *W EXP 02/11/202 883,765$80KNew
NTWOW Newbury Street II Acq - 29 *W EXP 06/01/203 443,780$80KNo change
FIGXW Figx Capital Acquisition Cor *W EXP 06/17/203 289,368$78KNo change
SVCCW Stellar V Capital Corp.-Class-29 *W EXP 10/15/202 335,762$77KNo change
LKSPR Lake Superior Acquisition Co. RIGHT 09/19/2030 66,545$77KNo change
FACWW Cartesian Growth Corp. -30 *W EXP 05/02/203 108,635$74KReduce -0.6%
PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) NOTE 2.125% 5/1 · principal 75,000$73KNo change
MBVIW M3-Brigade Acquisition Vi Co. *W EXP 08/18/203 207,248$72KAdd +85.6%
SOUNW Soundhound AI Inc. *W EXP 04/26/202 32,745$71KReduce -20.9%
ITHAW Ithax Acquisition Corp. III *W EXP 11/17/203 296,855$71KNo change
TDACW Translational Dev -A -CW26 *W EXP 12/18/202 582,037$70KNo change
GME.WS Gamestop Corp. *W EXP 10/30/202 17,141$66KReduce -10.4%
LWACW Lightwave Acquisition Corp. *W EXP 06/06/203 270,486$65KNo change
DMIIR Drugs Made in America Acq-RT RIGHT 09/16/2030 80,600$64KNo change
GPATW GP-Act III Acq Class A -CW27 *W EXP 05/13/202 441,672$62KReduce -18.0%
BCSS.WS Bain Capital GSS Investment *W EXP 01/01/202 97,580$61KNew
TACOW Berto Acquisition Corp. - 30 *W EXP 05/01/203 219,907$60KNo change
GSHRW Gesher Acquisition Corp. I-30 *W EXP 10/31/203 226,262$59KNo change
POLEW Andretti Acquisition Corp.-29 *W EXP 06/01/203 531,229$59KReduce -0.4%
LPAAW Launch One Acquisition - 29 *W EXP 06/01/203 405,424$56KReduce -38.1%
PACHW Pioneer Acquisition I Corp. *W EXP 06/16/203 305,019$55KNo change
SNAP INC (SNAP 0 05/01/27) NOTE 5/0 · principal 57,000$54KNo change
BLUWW Blue Water Acquisition-CW26 *W EXP 05/23/203 113,019$53KReduce -39.5%
HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 23,398$53KNo change
AFFIRM HOLDINGS INC (AFRM 0 11/15/26) NOTE 11/1 · principal 54,000$52KNo change
SIMAW Sim Acquisition Corp. - 29 *W EXP 06/01/203 193,722$52KAdd +85.1%
MEVOW M Evo Global Acq -31 *W EXP 02/18/203 150,000$51KNew
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) NOTE 3.250%12/1 · principal 50,000$48KNo change
NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) NOTE 3.625% 4/1 · principal 41,000$45KNo change
MACIW Melar Acquisition Corp. I -29 *W EXP 06/01/203 375,778$45KNo change
BLRKW Bluerock Acquisition Corp. *W EXP 12/12/203 134,467$44KNew
PTORW Praetorian Acquisition Corp. *W EXP 01/16/203 132,351$44KNew
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal 44,000$43KNew
NXATW K Wave Media Ltd.-28 *W EXP 05/14/203 910,853$41KNo change
MESHW Meshflow Acquisition Corp. *W EXP 11/20/203 155,769$41KAdd +4.8%
BLZRW Trailblazer Acqui Corp. -30 *W EXP 09/30/203 97,794$39KNo change
GTERW Globa Terra Acquisition - 30 *W EXP 06/17/203 301,600$38KNo change
ALDFW Aldel Financial II Inc. - 29 *W EXP 09/26/203 109,626$38KReduce -50.6%
CHPGR Championsgate Acquisition Co. RIGHT 05/14/2030 34,142$38KNo change
KFIIR K&F Growth Acquisition Corp. RIGHT 08/29/2031 13,960$38KNo change
GENVR Gen Digital Inc. - CVR RIGHT 99/99/9999 79,939$38KReduce -60.6%
LVWR.WS Livewire Group Inc.-27 *W EXP 09/26/202 748,037$37KNo change
DBCAW D. Boral Acquisition I Corp. *W EXP 01/30/203 124,000$37KNew
XRPNW Armada Acquisition Corp - A *W EXP 05/21/203 60,034$36KNo change
HQWWW Horizon Quant -31 *W EXP 03/19/203 17,290$35KNew
DYORW Insight Digital Partners II *W EXP 10/28/203 125,000$35KNo change
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal 28,000$34KNew
FRESHPET INC (FRPT 3 04/01/28) NOTE 3.000% 4/0 · principal 29,000$34KNo change
SPWRW Sunpower Inc.-CW27 *W EXP 07/31/202 130,155$33KReduce -18.1%
BBCQW Bleichroeder Acquisition Cor *W EXP 12/23/203 33,333$32KNew
XCBEW X3 Acquisition Corp. Ltd. *W EXP 12/19/203 125,000$30KNew
DRDBW Roman DBDR Acquisition -30 *W EXP 10/31/203 140,625$30KNo change
OKTA INC (OKTA 0.375 06/15/26) NOTE 0.375% 6/1 · principal 30,000$30KNo change
SBXWF Silverbox Corp. IV-A- 29 *W EXP 08/19/202 132,521$30KNo change
OBAWW Oxley Bridge Acq Ltd. -30 *W EXP 06/17/203 147,591$30KNo change
CCAQW Dune Acquisition Corp. II -30 *W EXP 04/04/203 100,000$29KNo change
RAPID7 INC (RPD 0.25 03/15/27) NOTE 0.250% 3/1 · principal 30,000$28KNo change
ALFUW Centurion Acquisition - 29 *W EXP 05/31/203 230,105$28KReduce -24.9%
VHCPW Vine Hill Capital Investment *W EXP 11/25/203 72,877$28KAdd +123.3%
YCY.WS Aa Mission Acquisition -31 *W EXP 07/23/203 168,833$27KNo change
PCAPW Procap Acq Corp. A -30 *W EXP 05/16/203 82,885$26KAdd +2.8%
HVMCW Highview Merger Corp. - 30 *W EXP 07/24/203 105,075$26KNo change
TONT.WS Graf Global Corp.- 29 *W EXP 05/31/203 195,569$25KReduce -13.7%
IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) NOTE 1.500% 9/0 · principal 23,000$25KNew
NPACW New Providence Acq A -CW28 *W EXP 04/24/203 130,766$25KNew
JACKSON ACQUISITION CO II RIGHT 99/99/9999 20,000$23KNo change
SKYH.WS Yellowstone Acquisit A -CW25 *W EXP 01/25/202 32,335$23KReduce -64.8%
FLDDW Fold Holdings Inc. -23 *W EXP 02/14/203 204,299$22KNo change
CCIIW Cohen Circle Acq II -30 *W EXP 07/01/203 31,747$21KReduce -39.4%
FACTW Fact II Acquisition Corp. -29 *W EXP 11/26/203 49,400$20KNo change
TVACW Texas Ventures Acq -31 *W EXP 04/23/203 34,859$16KReduce -51.6%
ADSEW ADS-Tec Energy PLC-WRNT *W EXP 99/99/999 33,306$16KNo change
DMAAR Drugs Made in America Ac-RTS RIGHT 12/09/2029 31,250$15KNo change
BAERW Wildfire New Pubco Inc.-27 *W EXP 01/24/202 36,478$14KNo change
BTMWQ Bitcoin Depot Inc.-CW23 *W EXP 06/30/202 93,402$14KReduce -85.7%
NAMMW Namib Minerals *W EXP 06/05/203 100,000$14KNo change
ETSY INC (ETSY 0.125 09/01/27) NOTE 0.125% 9/0 · principal 14,000$13KNo change
MLAAW Mountain Lake Acquisition Co. *W EXP 99/99/999 95,118$12KNew
ALOVW Aldabra 4 Liquidity Opportun *W EXP 12/23/203 33,333$11KNew
SQFTW Presidio Property TRST -CW27 *W EXP 01/24/202 55,158$11KNo change
MRNOW Murano Global BV-28 *W EXP 03/19/202 251,454$10KNo change
UCFIW Iron Horse Acquisition Co.-29 *W EXP 09/30/203 91,835$8KNo change
BBAI.WS Bigbear.ai Holdings -CW28 *W EXP 12/08/202 16,662$8KNo change
TGE.WS Generation Essentials - 30 *W EXP 02/15/202 39,447$7KNo change
LPCVW Launchpad Cadenza Acquisitio *W EXP 12/15/203 28,069$6KNo change
CUBWW Lionheart Holdings - WT *W EXP 06/07/203 45,229$5KReduce -67.1%

Largest 200 of 214 shown.

Total filed on the 13F, all lines: $1.8B.

Portfolio Sells Q4 2025 → Q1 2026
SOFI Sofi Technologies Inc. Sold out 0.00% −1.57
SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −1.21
DMII Drugs Made in America Acquis Reduce -86.3% 0.17% −1.16
ITHAU Ithax Acquisition Corp. III Sold out 0.00% −0.99
SWZ Total Return Securities Fund Reduce -38.5% 0.96% −0.77
RKLB Rocket Lab Corp. Reduce -91.7% 0.05% −0.64
CYBR Cyberark Software Ltd./Israel Sold out 0.00% −0.53
PSKY Paramount Skydance Class B Sold out 0.00% −0.50
CDTX Cidara Therapeutics Inc. Sold out 0.00% −0.50
AXON Axon Enterprise Inc. Sold out 0.00% −0.48
SMTC Semtech Corp. Sold out 0.00% −0.48
DAY Dayforce Inc. Sold out 0.00% −0.46
CMA Comerica Inc. Sold out 0.00% −0.41
CVAC Curevac NV Sold out 0.00% −0.38
RAAQ Real Asset Acquisiti Class A Reduce -54.1% 0.29% −0.37
AVUV Avantis US Small Cap Value Reduce -54.4% 0.31% −0.36
DYOR Insight Digital Partners I-A Reduce -75.4% 0.10% −0.32
NEE Nextera Energy Inc. Sold out 0.00% −0.26
CIO City Office REIT Inc. Sold out 0.00% −0.24
ADAC American Drive Acquisit Class A Reduce -54.5% 0.18% −0.24
GM General Motors Co. Reduce -44.5% 0.22% −0.24
USFD US Foods Holding Corp. Sold out 0.00% −0.22
FHI Federated Hermes Inc. Sold out 0.00% −0.21
AVDL Avadel Pharmaceuticals Ltd. Sold out 0.00% −0.21
EWZ iShares MSCI Brazil ETF Reduce -78.1% 0.07% −0.21
EXAS Exact Sciences Corp. Sold out 0.00% −0.20
SLV iShares Silver Trust Reduce -44.2% 0.25% −0.20
LNSR Lensar Inc. Reduce -9.5% 0.15% −0.20
BNTX Biontech SE-ADR Sold out 0.00% −0.19
BE Bloom Energy Corp. Class A Reduce -55.4% 0.37% −0.19
FYBR Frontier Communications Pare Sold out 0.00% −0.18
HIG Hartford Insurance Group Inc. Sold out 0.00% −0.17
MO Altria Group Inc. Sold out 0.00% −0.17
THS Treehouse Foods Inc. Sold out 0.00% −0.17
VHCPU Vine Hill Capital Investment Sold out 0.00% −0.16
SO The Southern Co. Sold out 0.00% −0.16
BFIN Bankfinancial Corp. Sold out 0.00% −0.16
STT State Street Corp. Reduce -75.2% 0.05% −0.16
ATXS Astria Therapeutics Inc. Sold out 0.00% −0.15
EYLD Cambria Emerg Shrhldr Yield Reduce -68.3% 0.07% −0.15
GOOGL Alphabet Inc. Class A Sold out 0.00% −0.14
LPCVU Launchpad Cadenza Acquisitio Sold out 0.00% −0.14
MBCN Middlefield Banc Corp. Sold out 0.00% −0.14
TDWDU Tailwind 2.0 Acquisition Cor Sold out 0.00% −0.13
NTAP Netapp Inc. Reduce -78.4% 0.03% −0.13
AVDV Avantis Intl S/C Value ETF Sold out 0.00% −0.13
JNJ Johnson & Johnson Reduce -70.2% 0.06% −0.13
FSFG First Savings Financial Grp Sold out 0.00% −0.13
JHG Janus Henderson Group PLC Reduce -50.7% 0.13% −0.13
MESH Meshflow Acquisition Co. Class A Reduce -11.2% 0.62% −0.13

Portfolio Buys Q4 2025 → Q1 2026
PEN Penumbra Inc. New 1.88% +1.88
HOLX Hologic Inc. Add +652.7% 1.41% +1.21
IONS Ionis Pharmaceuticals Inc. New 0.94% +0.94
TRGSU TRG Latin America Acquisitio New 0.84% +0.84
AACIU Armada Acquisition Corp. III New 0.79% +0.79
IPFXU Inflection Point Acquisition New 0.65% +0.65
DBRG Digitalbridge Group Inc. New 0.64% +0.64
PTOR Praetorian Acquisition Cor-A New 0.61% +0.61
BCSS Bain Capital GSS Inv- A Add +3773.9% 0.62% +0.60
MTAL.U Metals Acquisition Corp. II New 0.60% +0.60
DAAQ Digital Asset Acquisiti Class A Add +1839.9% 0.60% +0.56
MZYX.U Mozayyx Acquisition Corp. New 0.48% +0.48
MEVO M Evo Global Acquisitio Class A New 0.41% +0.41
XCBE X3 Acquisition Corp. Ltd. Class A New 0.39% +0.39
DBCA D. Boral Acquisition I Class A New 0.39% +0.39
QADRU Qdro Acquisition Corp. New 0.35% +0.35
SM SM Energy Co. Add +651.7% 0.38% +0.35
BDCI BTC Development Corp. Class A New 0.32% +0.32
IACOU Idea Acquisition Corp. New 0.31% +0.31
SVIV Spring Valley Acquisitio-A New 0.30% +0.30
MLAA Mountain Lake Acquisiti Class A New 0.30% +0.30
EA Electronic Arts Inc. Add +3033.3% 0.30% +0.29
APLS Apellis Pharmaceuticals Inc. New 0.27% +0.27
MTDR Matador Resources Co. Add +198.0% 0.35% +0.27
HVMC Highview Merger Corp. Class A New 0.27% +0.27
CWAN Clearwater Analytics HDS-A New 0.26% +0.26
DVN Devon Energy Corp. New 0.26% +0.26
ALF Centurion Acquisition Corp. New 0.26% +0.26
OS Onestream Inc. New 0.25% +0.25
GLD SPDR Gold Shares Add +36.8% 0.86% +0.25
TLT iShares 20+ Year Treasury BD New 0.24% +0.24
CIFR Cipher Digital Inc. New 0.24% +0.24
GDEN Golden Entertainment Inc. New 0.22% +0.22
GTLS Chart Industries Inc. Add +200.0% 0.34% +0.22
CVGW Calavo Growers Inc. New 0.22% +0.22
NFBK Northfield Bancorp Inc. New 0.22% +0.22
SSTK Shutterstock Inc. New 0.22% +0.22
IBIT iShares Bitcoin Trust ETF Add +219.9% 0.38% +0.22
DIS The Walt Disney Co. New 0.21% +0.21
WBD Warner Bros Discovery Inc. New 0.20% +0.20
WBS Webster Financial Corp. New 0.20% +0.20
PAACU Proem Acquisition Corp. I New 0.19% +0.19
CAQUU Cambridge Acquisition Corp. New 0.19% +0.19
OSIS Osi Systems Inc. New 0.19% +0.19
HAE Haemonetics Corp. New 0.18% +0.18
ELME Elme Communities New 0.18% +0.18
SEMR Semrush Holdings Inc. Class A New 0.17% +0.17
MCW Mister Car Wash Inc. New 0.17% +0.17
CRGY Crescent Energy Inc. Class A New 0.17% +0.17
BP BP PLC-Spons ADR Add +90.6% 0.27% +0.16

Options Activity Q4 2025 → Q1 2026
WESTERN DIGITAL CORP put Sold out 330,000 $56.8Mbefore exit
GME Gamestop Corp. Class A put Reduce -16.7% 1,214,000 $28.0M
GLD SPDR Gold Shares put Reduce -38.7% 38,000 $16.4M
SPY SS SPDR S&P 500 ETF Trust-US call Reduce -69.0% 22,500 $14.6M
MSTR Strategy Inc. put Reduce -59.6% 113,600 $14.2M
HOLX Hologic Inc. put Add +588.2% 169,300 $12.8M
PEN Penumbra Inc. put New 37,200 $12.2M
TLT iShares 20+ Year Treasury BD put New 130,000 $11.3M
MASI Masimo Corp. call New 53,900 $9.6M
XEROX HOLDINGS CORP put New 7,160,000 $9.2M
AAL American Airlines Group Inc. put Reduce -52.0% 582,300 $6.3M
PSKY Paramount Skydance Class B put Sold out 405,600 $5.4Mbefore exit
ECHO Echostar Corp. Class A put Reduce -47.0% 45,200 $5.3M
DBRG Digitalbridge Group Inc. put New 307,200 $4.7M
FOUR SHIFT4 Payments Inc. Class A put New 107,800 $4.7M
NIO Nio Inc. - ADR put Reduce -32.6% 760,000 $4.6M
XLV SS Health Care Select Sector put Sold out 28,700 $4.4Mbefore exit
TLT iShares 20+ Year Treasury BD call Add +13.6% 50,000 $4.3M
NVDA Nvidia Corp. call New 20,100 $3.5M
SMCI Super Micro Computer Inc. put Add +45.0% 146,400 $3.3M
MSFT Microsoft Corp. call New 9,000 $3.3M
XLK SS Technology Select Sector call Sold out 22,000 $3.2Mbefore exit
RIVN Rivian Automotive Inc. Class A put Reduce -42.9% 203,000 $3.1M
IWM iShares Russell 2000 ETF put Reduce -29.4% 12,000 $3.0M
MARA Mara Holdings Inc. put Add +5.5% 356,400 $2.9M
DUPONT DE NEMOURS INC put Sold out 70,000 $2.8Mbefore exit
EEM iShares MSCI Emerging Market put Sold out 50,000 $2.7Mbefore exit
LQD Ishr Ibx Usd Invgd CB ETF-Ui put New 25,000 $2.7M
SPY SS SPDR S&P 500 ETF Trust-US put Reduce -87.7% 4,000 $2.6M
XLF SS Financial Select Sector call New 50,000 $2.5M
MP MP Materials Corp. put Sold out 46,800 $2.4Mbefore exit
CNTA Centessa Pharmaceuticals Ltd. call New 52,000 $2.1M
BECTON DICKINSON & CO put New 13,000 $2.0M
ASTS Ast Spacemobile Inc. put Sold out 27,500 $2.0Mbefore exit
SMH Vaneck Semiconductor ETF call New 5,100 $2.0M
BDX Becton Dickinson and Co. put Sold out 9,900 $1.9Mbefore exit
NBIS Nebius Group NV put Add +362.5% 18,500 $1.9M
HOLX Hologic Inc. call New 25,000 $1.9M
WELL Welltower Inc. put Sold out 10,000 $1.9Mbefore exit
HIMS Hims & Hers Health Inc. put Reduce -12.5% 87,400 $1.8M
APLS Apellis Pharmaceuticals Inc. put New 45,000 $1.8M
COIN Coinbase Global Inc. Class A put Reduce -6.7% 9,800 $1.7M
CRWD CrowdStrike Holdings Inc. Class A put Sold out 3,600 $1.7Mbefore exit
AAPL Apple Inc. put Sold out 6,000 $1.6Mbefore exit
NEE Nextera Energy Inc. put Sold out 20,000 $1.6Mbefore exit
HYG Ishr Ibx Usd Hiyld CB ETF-Ui put New 20,000 $1.6M
APLS Apellis Pharmaceuticals Inc. call New 39,300 $1.6M
UPS United Parcel Service Class B call New 16,000 $1.6M
XLE SS Energy Select Sector put Reduce -76.0% 24,900 $1.5M
RSP Invesco S&P 500 Equal Weight call Reduce -50.0% 7,500 $1.4M

Showing the first 50 of 345.

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2025 → Q1 2026
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal Add +8.2% 40,925,753 $146.6M
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) NOTE 2.000% 6/1 · principal Reduce -19.2% 52,574,000 $63.9M
IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) NOTE 4/0 · principal Sold out 44,792,000 $61.5Mbefore exit
TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) DEB 4.625% 9/3 · principal Reduce -10.7% 24,418,000 $49.5M
LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) NOTE 1.500%12/1 · principal Sold out 7,500,000 $39.9Mbefore exit
PEABODY ENERGY CORP (BTU 3.25 03/01/28) NOTE 3.250% 3/0 · principal Reduce -31.7% 20,662,000 $37.8M
BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) NOTE 2.250% 2/0 · principal Sold out 26,500,000 $29.8Mbefore exit
NEXTERA ENERGY INC (NEE 7.375 02/15/29) UNIT 02/15/2029 New 540,739 $27.2M
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) NOTE 4.250% 8/1 · principal New 21,000,000 $24.9M
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal New 18,563,000 $23.9M
EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) NOTE 4.750%10/1 · principal Reduce -58.1% 7,936,000 $19.1M
CORZW Core Scientific Inc. - 27 *W EXP 01/23/202 Add +2.5% 2,083,119 $18.2M
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Add +402.4% 250,421 $17.9M
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) NOTE 1.125% 2/1 · principal Add +1.1% 15,678,000 $17.9M
BRIDGEBIO PHARMA INC (BBIO 1.75 03/01/31) NOTE 1.750% 3/0 · principal New 10,100,000 $17.1M
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV Add +2089.6% 277,318 $16.3M
MANNKIND CORP (MNKD 2.5 03/01/26) NOTE 2.500% 3/0 · principal Sold out 13,980,000 $15.9Mbefore exit
SNOWFLAKE INC (SNOW 0 10/01/29) NOTE 10/0 · principal New 13,000,000 $15.9M
CLOUDFLARE INC (NET 0 08/15/26) NOTE 8/1 · principal New 13,412,000 $15.7M
CELCUITY INC (CELC 2.75 08/01/31) NOTE 2.750% 8/0 · principal Add +49.9% 6,310,000 $15.4M
COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) NOTE 2.875% 2/1 · principal Sold out 10,500,000 $14.8Mbefore exit
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal Sold out 10,317,000 $14.6Mbefore exit
KIMCO REALTY CORP (KIM 7.25 PERP N) DP CV CL N 7.25% Add +18.4% 237,114 $14.2M
MARA HOLDINGS INC (MARA 2.125 09/01/31) NOTE 2.125% 9/0 · principal Reduce -2.9% 16,500,000 $14.0M
WOLFSPEED INC (WOLF 2.5 06/15/31) NOTE 2.500% 6/1 · principal Add +35.7% 9,256,940 $13.5M
CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30) NOTE 2.000% 3/1 · principal New 13,194,000 $13.4M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -56.4% 10,314 $12.3M
GUARDANT HEALTH INC (GH 1.25 02/15/31) DEBT 1.250% 2/1 · principal Reduce -36.2% 7,014,000 $11.8M
WAYFAIR INC (W 3.5 11/15/28) NOTE 3.500%11/1 · principal Sold out 5,124,000 $11.8Mbefore exit
EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) PFD CV TR SEC 28 Add +919.7% 226,704 $11.6M
MARA HOLDINGS INC (MARA 0 03/01/30) NOTE 3/0 · principal Add +12.5% 12,933,000 $11.5M
CIPHER DIGITAL INC (CIFR 1.75 05/15/30) NOTE 1.750% 5/1 · principal Sold out 3,000,000 $10.5Mbefore exit
VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) NOTE 2.250% 9/1 · principal Add +200.9% 10,078,000 $9.7M
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal Sold out 9,331,000 $9.7Mbefore exit
CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) NOTE 3.875% 9/1 · principal Add +50.0% 7,500,000 $9.1M
SPECIAL OPPORTUNITY FUND (SPE 2.75 01/27/27 C) 2.75% CNV PFD C Add +6.7% 344,986 $8.6M
SOUTHERN CO (SO 4.5 06/15/27) NOTE 4.500% 6/1 · principal Add +5405.4% 7,102,000 $7.9M
ALLIANT ENERGY CORP (LNT 3.875 03/15/26) NOTE 3.875% 3/1 · principal Sold out 7,585,000 $7.9Mbefore exit
STRATEGY INC (MSTR 2.25 06/15/32) NOTE 2.250% 6/1 · principal Reduce -4.9% 7,500,000 $7.7M
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV Add +603.1% 114,501 $7.5M
LYFT INC (LYFT 0.625 03/01/29) NOTE 0.625% 3/0 · principal Add +3.9% 7,238,000 $7.3M
ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) NOTE 0.750% 8/0 · principal Add +38.5% 7,200,000 $7.2M
GUESS INC (GES 3.75 04/15/28) NOTE 3.750% 4/1 · principal Sold out 7,000,000 $7.0Mbefore exit
NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) NOTE 3.000% 3/0 · principal New 5,000,000 $6.9M
FLUENCE ENERGY INC (FLNC 2.25 06/15/30) NOTE 2.250% 6/1 · principal Reduce -39.5% 6,140,000 $6.2M
SPECTRUM BRANDS INC (SPB 3.375 06/01/29) NOTE 3.375% 6/0 · principal Reduce -28.5% 6,280,000 $6.2M
STRATEGY INC (MSTR 0 03/01/30) NOTE 3/0 · principal New 7,000,000 $6.1M
SUPER MICRO COMPUTER INC (SMCI 2.25 07/15/28) NOTE 2.250% 7/1 · principal New 6,421,000 $5.6M
IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) NOTE 1.750% 6/1 · principal Sold out 3,429,000 $5.4Mbefore exit
AMPX.WS Amprius Technologies Inc. *W EXP 09/14/202 New 754,893 $5.2M

Showing the first 50 of 187.

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 556$743.0MRSP, VOO, WDC, IAU, SPY
Q1 2026 525$632.8MRSP, VOO, IAU, PEN, HOLX
Q4 2025 528$597.7MVOO, RSP, IAU, SWZ, SOFI
Q3 2025 480$573.5MVOO, RSP, SPY, IAU, CHINA FUND INC
Q2 2025 472$537.1MRSP, VOO, IAU, STEW, BPMC
Q1 2025 459$499.3MVOO, AXON, RSP, STEW, IAU
Q4 2024 462$534.5MVOO, MTSI, RSP, STEW, IAU
Q3 2024 420$554.6MCCL, VOO, SPY, RSP, SMTC
Q2 2024 424$457.3MVOO, SPY, RSP, STEW, ALFUU
Q1 2024 414$409.7MSPY, VOO, STEW, RSP, PEO