D. E. Shaw & Co.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), David E. Shaw's D. E. Shaw & Co. reported 2,723 stock positions worth $78.3 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 4.1% of the portfolio, followed by Microsoft (MSFT, 2.3%) and Nvidia (NVDA, 1.7%). Compared with Q4 2024, it opened 384 new positions, sold out of 320, added to 1,169 and reduced 1,074. The biggest buy was GE Vernova (GEV, shares +1242%) and the biggest sale Boeing (BA, shares −100%).
- Most Recent 13F
- Q2 2026
- Notable People
- David E. Shaw
- Location
- New York, NY
- CIK
- 0001009207
- Portfolio Value
- $78.3B (Q1 2025)
- SEC Filing
- 0001104659-25-049422 ↗ filed May 15, 2025
Holdings Value
Holdings 2,723 stocks · $78.3B
| SPY SS SPDR S&P 500 ETF Trust-US | 4.12% | 5,764,625 | $3.2B | Reduce -15.0% |
| MSFT Microsoft Corp. | 2.32% | 4,831,432 | $1.8B | Reduce -4.3% |
| NVDA Nvidia Corp. | 1.69% | 12,187,752 | $1.3B | Add +19.3% |
| AAPL Apple Inc. | 1.61% | 5,687,418 | $1.3B | Reduce -5.7% |
| INTU Intuit Inc. | 1.19% | 1,512,078 | $928.4M | Add +58.8% |
| MRK Merck & Co. Inc. | 1.07% | 9,311,726 | $835.8M | Add +46.1% |
| AMZN Amazon.com Inc. | 1.02% | 4,194,040 | $798.0M | Reduce -5.6% |
| BKNG Booking Holdings Inc. | 1.01% | 171,670 | $790.9M | Reduce -1.8% |
| PLTR Palantir Technologies Inc. Class A | 0.86% | 7,956,686 | $671.5M | Add +295.7% |
| META Meta Platforms Inc. Class A | 0.85% | 1,162,089 | $669.8M | Reduce -17.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.84% | 6,660,568 | $657.4M | Add +345.2% |
| GEV GE Vernova Inc. | 0.83% | 2,126,204 | $649.1M | Add +1242.0% |
| SCHW Schwab (charles) Corp. | 0.79% | 7,917,642 | $619.8M | Add +163.8% |
| XLF SS Financial Select Sector | 0.79% | 12,354,667 | $615.4M | Add +390.5% |
| AVGO Broadcom Inc. | 0.78% | 3,645,624 | $610.4M | Add +73.2% |
| HES Hess Corp. | 0.78% | 3,813,972 | $609.2M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 0.74% | 3,769,372 | $582.9M | Add +37.3% |
| HOOD Robinhood Markets Inc. Class A | 0.67% | 12,655,123 | $526.7M | Add +61.3% |
| DHR Danaher Corp. | 0.67% | 2,549,781 | $522.7M | Add +20.6% |
| ADBE Adobe Inc. | 0.65% | 1,331,100 | $510.5M | Add +146.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.64% | 3,027,740 | $502.6M | Add +373.6% |
| LLY Eli Lilly & Co. | 0.60% | 573,329 | $473.5M | Reduce -53.8% |
| AMAT Applied Materials Inc. | 0.60% | 3,244,960 | $470.9M | Add +46.5% |
| TSLA Tesla Inc. | 0.60% | 1,809,178 | $468.9M | Reduce -42.8% |
| COST Costco Wholesale Corp. | 0.59% | 487,102 | $460.7M | Add +293.9% |
| SHEL Shell PLC-ADR | 0.57% | 6,097,196 | $446.8M | Reduce -15.9% |
| UNH Unitedhealth Group Inc. | 0.56% | 840,775 | $440.4M | Add +788.3% |
| SOFI Sofi Technologies Inc. | 0.52% | 35,079,448 | $408.0M | Add +12.0% |
| AER Aercap Holdings NV | 0.51% | 3,936,372 | $402.2M | Add +13.0% |
| AMGN Amgen Inc. | 0.50% | 1,260,884 | $392.8M | Reduce -36.1% |
| BSX Boston Scientific Corp. | 0.49% | 3,839,144 | $387.3M | Add +402.8% |
| IBIT iShares Bitcoin Trust ETF | 0.49% | 8,121,968 | $380.2M | Reduce -16.0% |
| CSCO Cisco Systems Inc. | 0.48% | 6,128,435 | $378.2M | Add +118.6% |
| MA Mastercard Inc. Class A | 0.47% | 672,422 | $368.6M | Add +4.3% |
| REGN Regeneron Pharmaceuticals | 0.47% | 578,889 | $367.1M | Add +15.7% |
| EQIX Equinix Inc. | 0.45% | 434,090 | $353.9M | Add +137.9% |
| RCL Royal Caribbean Cruises Ltd. | 0.45% | 1,708,971 | $351.1M | Add +55.5% |
| VCIT Vanguard Int-Term Corporate | 0.45% | 4,288,988 | $350.7M | Reduce -4.2% |
| MUB iShares National Muni Bond E | 0.43% | 3,196,600 | $337.0M | Add +135.6% |
| BROS Dutch Bros Inc. Class A | 0.42% | 5,300,364 | $327.2M | Add +3.6% |
| KO The Coca-Cola Co. | 0.41% | 4,487,992 | $321.4M | Add +24.5% |
| TXN Texas Instruments Inc. | 0.40% | 1,763,867 | $317.0M | Add +241.6% |
| RDDT Reddit Inc. Class A | 0.40% | 2,965,323 | $311.1M | Reduce -29.7% |
| DD Dupont DE Nemours Inc. | 0.40% | 4,146,393 | $309.7M | Add +21.0% |
| NFLX Netflix Inc. | 0.39% | 330,337 | $308.0M | Reduce -55.8% |
| WSM Williams-Sonoma Inc. | 0.39% | 1,936,554 | $306.2M | Add +24.7% |
| GOOG Alphabet Inc. Class C | 0.38% | 1,926,499 | $301.0M | Add +70.0% |
| V Visa Inc. Class A | 0.38% | 847,070 | $296.9M | Reduce -46.0% |
| ICLR Icon PLC | 0.37% | 1,661,736 | $290.8M | Add +48.9% |
| FICO Fair Isaac Corp. | 0.37% | 156,708 | $289.0M | Add +35.7% |
| GM General Motors Co. | 0.37% | 6,134,707 | $288.5M | Add +37.9% |
| ADSK Autodesk Inc. | 0.37% | 1,095,005 | $286.7M | Add +354.2% |
| EQT Eqt Corp. | 0.36% | 5,350,958 | $285.9M | Add +187.8% |
| LIN Linde PLC | 0.35% | 594,449 | $276.8M | Add +98.3% |
| HLT Hilton Worldwide Holdings Inc. | 0.35% | 1,209,936 | $275.3M | Add +30.2% |
| ISRG Intuitive Surgical Inc. | 0.35% | 549,267 | $272.0M | Add +47.2% |
| DASH DoorDash Inc. Class A | 0.35% | 1,483,008 | $271.0M | Reduce -49.2% |
| ROST Ross Stores Inc. | 0.34% | 2,087,479 | $266.8M | Add +46.1% |
| FCX Freeport-McMoran Inc. | 0.33% | 6,891,877 | $260.9M | Add +20.4% |
| EMB iShares JP Morgan Usd Emergi | 0.33% | 2,830,500 | $256.4M | Reduce -1.5% |
| MELI MercadoLibre Inc. | 0.33% | 131,315 | $256.2M | Add +190.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.33% | 2,098,679 | $255.6M | Add +61.1% |
| LNG Cheniere Energy Inc. | 0.33% | 1,104,525 | $255.6M | Reduce -38.8% |
| TECK Teck Resources Ltd.-CLS B | 0.32% | 6,912,379 | $251.8M | Add +17.5% |
| KLAC KLA Corp. | 0.32% | 368,102 | $250.2M | Reduce -19.9% |
| FTNT Fortinet Inc. | 0.32% | 2,581,324 | $248.5M | Reduce -41.0% |
| SYK Stryker Corp. | 0.32% | 665,305 | $247.7M | Add +9.6% |
| RKLB Rocket Lab USA Inc. | 0.31% | 13,636,776 | $243.8M | Add +62.5% |
| CDW CDW Corp. | 0.31% | 1,510,415 | $242.1M | Reduce -25.4% |
| BRBR Bellring Brands Inc. | 0.30% | 3,203,575 | $238.5M | Add +38.0% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.30% | 4,358,560 | $238.5M | Add +68.2% |
| FSLR First Solar Inc. | 0.30% | 1,871,774 | $236.6M | Add +1146.1% |
| CVNA Carvana Co. | 0.29% | 1,099,961 | $230.0M | Reduce -59.0% |
| APO Apollo Global Management Inc. | 0.29% | 1,661,727 | $227.6M | Reduce -32.3% |
| HUM Humana Inc. | 0.29% | 850,896 | $225.1M | Add +28.3% |
| CAT Caterpillar Inc. | 0.28% | 663,058 | $218.7M | Add +42.3% |
| BIIB Biogen Inc. | 0.28% | 1,585,572 | $217.0M | Reduce -1.5% |
| BBY Best Buy Co. Inc. | 0.28% | 2,933,937 | $216.0M | Add +48.4% |
| CNQ Canadian Natural Resources | 0.27% | 6,987,672 | $215.1M | Add +153.9% |
| SHW The Sherwin-Williams Co. | 0.27% | 613,873 | $214.4M | Reduce -49.0% |
| PM Philip Morris International | 0.27% | 1,338,687 | $212.5M | Reduce -23.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.27% | 4,274,400 | $212.1M | Add +91.8% |
| CL Colgate-Palmolive Co. | 0.27% | 2,252,162 | $211.0M | Add +127.7% |
| CEG Constellation Energy | 0.27% | 1,045,733 | $210.9M | Reduce -60.7% |
| ICE Intercontinental Exchange Inc. | 0.27% | 1,221,941 | $210.8M | Add +13.4% |
| GE General Electric filed as GE AEROSPACE | 0.27% | 1,052,358 | $210.6M | Reduce -32.8% |
| DXCM Dexcom Inc. | 0.27% | 3,081,769 | $210.5M | Reduce -12.7% |
| EAT Brinker International Inc. | 0.27% | 1,396,926 | $208.2M | Reduce -24.6% |
| NOC Northrop Grumman Corp. | 0.27% | 405,937 | $207.8M | Reduce -37.4% |
| EIX Edison International | 0.26% | 3,434,713 | $202.4M | Add +626.3% |
| ALAB Astera Labs Inc. | 0.26% | 3,376,245 | $201.5M | Add +38.0% |
| SFM Sprouts Farmers Market Inc. | 0.25% | 1,301,950 | $198.7M | Add +1.9% |
| JPM JPMorgan Chase & Co. | 0.25% | 810,125 | $198.7M | Add +16.6% |
| MRSH Marsh & McLennan Cos | 0.25% | 806,914 | $196.9M | Add +133.8% |
| MDT Medtronic PLC | 0.25% | 2,176,381 | $195.6M | Add +5.0% |
| JNJ Johnson & Johnson | 0.25% | 1,173,990 | $194.7M | Add +20.8% |
| CMG Chipotle Mexican Grill Inc. | 0.25% | 3,876,711 | $194.6M | Add +21.3% |
| DHI D.R. Horton Inc. | 0.24% | 1,499,332 | $190.6M | Add +68.2% |
| VRSK Verisk Analytics Inc. | 0.24% | 639,017 | $190.2M | Add +7.5% |
| MRVL Marvell Technology Inc. | 0.24% | 3,072,842 | $189.2M | Add +69.3% |
Options reported separately and not counted above: TSLA puts ($476.0M), AMD puts ($457.7M), BKNG calls ($447.8M), NVDA puts ($432.3M), BA puts ($390.9M), MU puts ($332.2M), AAPL calls ($330.7M), AMZN calls ($329.4M), AMZN puts ($311.6M), PLTR calls ($306.9M), CRWD puts ($303.6M), BA calls ($301.2M), and 1169 more.
Other holdings (294): bonds, preferreds, convertibles and warrants · $5.9B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 120,642,000 | $296.5M | Add +585.7% |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 171,270,000 | $227.0M | Add +0.7% |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 74,505,000 | $176.7M | Add +4.2% |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | 71,199,000 | $166.1M | No change |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 60,971,000 | $148.8M | Reduce -9.0% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 137,217,000 | $146.5M | Reduce -9.7% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 105,200,000 | $146.2M | Add +304.6% |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 95,279,000 | $140.5M | Add +5.3% |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 3,025,000 | $136.7M | Reduce -22.4% |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 48,635,000 | $124.8M | Add +27.5% |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 108,597,000 | $124.4M | No change |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | 68,821,000 | $120.2M | No change |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 99,587,000 | $114.1M | Add +96.9% |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | 33,937,000 | $107.6M | Reduce -14.3% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 2,190,000 | $105.6M | Add +7.3% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 1,737,100 | $102.7M | Reduce -38.2% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 1,345,000 | $98.3M | Add +85.5% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 96,275,000 | $94.4M | Reduce -5.9% |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 98,792,000 | $94.2M | Add +4.8% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 100,000,000 | $93.6M | Reduce -24.5% |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 1,360,000 | $89.7M | Add +41.7% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 1,800,000 | $88.2M | New |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | 34,545,000 | $84.6M | No change |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 87,804,000 | $84.6M | No change |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 67,888,000 | $79.8M | Reduce -35.7% |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 46,000,000 | $79.1M | Reduce -4.2% |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 78,093,000 | $76.6M | No change |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 85,654,000 | $75.6M | Add +155.7% |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 63,796,000 | $70.8M | Add +51.1% |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 68,941,000 | $66.0M | No change |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 67,676,000 | $65.1M | Add +15.3% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 47,034,000 | $60.5M | Add +144.3% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 65,837,000 | $60.4M | No change |
| INFINERA CORP (INFN 3.75 08/01/28) | NOTE 3.750% 8/0 · principal | 46,247,000 | $59.1M | Add +12.1% |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 1,325,000 | $58.4M | Reduce -17.2% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 43,684,000 | $56.3M | Add +256.6% |
| HUBSPOT INC (HUBS 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 26,496,000 | $53.4M | Add +99.8% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 52,715,000 | $51.1M | New |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 34,056,000 | $47.8M | No change |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 950,000 | $46.7M | New |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 48,549,000 | $45.7M | Add +39.7% |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | 45,519,000 | $45.2M | No change |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 50,800,000 | $44.0M | Reduce -26.9% |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | 44,813,000 | $43.6M | No change |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | 35,984,000 | $42.8M | No change |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 45,771,000 | $42.2M | Reduce -0.5% |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 39,000,000 | $42.0M | Add +90.2% |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 41,689,000 | $41.6M | No change |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 39,394,000 | $40.7M | Reduce -15.1% |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 29,795,000 | $39.2M | No change |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 39,403,000 | $37.6M | New |
| CANADIAN SOLAR INC (CSIQ 2.5 10/01/25) | NOTE 2.500%10/0 · principal | 38,346,000 | $37.4M | No change |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 50,468,000 | $36.9M | Reduce -9.8% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 39,896,000 | $36.9M | Reduce -42.4% |
| SPIRIT AEROSYSTEMS INC (SPR 3.25 11/01/28) | NOTE 3.250%11/0 · principal | 26,547,000 | $36.3M | No change |
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | 35,250,000 | $35.1M | Add +9.3% |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 31,321,000 | $34.4M | No change |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 8,277,000 | $34.2M | New |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 38,733,000 | $32.7M | No change |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 34,001,000 | $32.2M | No change |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | 30,250,000 | $31.5M | Add +120.0% |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 527,000 | $29.2M | Add +954.0% |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 38,500,000 | $28.8M | Add +6.9% |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 28,500,000 | $28.8M | No change |
| HCI GROUP INC (HCI 4.75 06/01/42) | NOTE 4.750% 6/0 · principal | 15,250,000 | $28.8M | No change |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 28,000,000 | $27.7M | New |
| CHEGG INC (CHGG 0 09/01/26) | NOTE 9/0 · principal | 31,795,000 | $27.3M | Reduce -9.3% |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | 27,009,000 | $25.2M | Add +38.4% |
| SUNRUN INC (RUN 4 03/01/30) | NOTE 4.000% 3/0 · principal | 34,500,000 | $24.5M | New |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 25,873,000 | $24.3M | Reduce -12.3% |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 20,000,000 | $24.1M | No change |
| OMNICELL INC (OMCL 0.25 09/15/25) | NOTE 0.250% 9/1 · principal | 24,467,000 | $23.9M | No change |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 19,186,000 | $22.6M | Reduce -69.4% |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 20,114,000 | $22.6M | Reduce -29.7% |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 20,225,000 | $22.2M | No change |
| KOSMOS ENERGY LTD (KOS 3.125 03/15/30) | NOTE 3.125% 3/1 · principal | 27,985,000 | $21.5M | New |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 23,059,000 | $20.4M | Reduce -62.5% |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 20,856,000 | $20.0M | No change |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 16,699,000 | $19.9M | Reduce -88.3% |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 27,250,000 | $19.1M | Reduce -41.3% |
| ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | NOTE 7.500% 8/0 · principal | 18,000,000 | $18.0M | No change |
| Q2 HOLDINGS INC (QTWO 0.125 11/15/25) | NOTE 0.125%11/1 · principal | 18,403,000 | $17.9M | No change |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 17,292,000 | $17.9M | Reduce -63.6% |
| APPLIED OPTOELECTRONICS INC | NOTE 2.750% 1/1 · principal | 23,089,000 | $17.8M | Reduce -26.9% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 428,400 | $15.4M | Reduce -59.1% |
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | 15,400,000 | $15.4M | Reduce -66.1% |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 15,130,000 | $14.6M | No change |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 14,500,000 | $14.5M | Add +123.4% |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | 11,972,000 | $14.4M | No change |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 12,109,000 | $14.3M | Reduce -77.4% |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 112,700,000 | $13.6M | No change |
| OMEROS CORP (OMER 5.25 02/15/26) | NOTE 5.250% 2/1 · principal | 14,880,000 | $13.5M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 14,750,000 | $13.3M | Reduce -71.5% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 12,000,000 | $12.8M | New |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 13,051,000 | $12.7M | New |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 11,200,000 | $12.6M | No change |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 15,400,000 | $12.5M | No change |
| IRONWOOD PHARMACEUTICALS (IRWD 1.5 06/15/26) | NOTE 1.500% 6/1 · principal | 14,050,000 | $12.5M | No change |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 14,250,000 | $12.3M | Add +13.6% |
| SABRE GLBL INC (SABHLD 4 04/15/25) | NOTE 4.000% 4/1 · principal | 12,123,000 | $12.1M | No change |
| MICROCHIP TECHNOLOGY INC (MCHP 1.625 02/15/27) | NOTE 1.625% 2/1 · principal | 7,775,000 | $11.6M | No change |
| ACCOLADE INC (ACCD 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | 11,713,000 | $11.5M | New |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | 10,350,000 | $10.9M | Reduce -54.7% |
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | 11,330,000 | $10.6M | No change |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 13,000,000 | $10.6M | New |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 11,736,000 | $10.0M | Reduce -55.3% |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | 10,000,000 | $9.9M | No change |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 8,000,000 | $9.7M | New |
| ENVISTA HOLDINGS CORP (NVST 2.375 06/01/25) | NOTE 2.375% 6/0 · principal | 9,694,000 | $9.7M | Reduce -53.2% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 9,700,000 | $9.7M | New |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 9,188,000 | $8.3M | New |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 8,750,000 | $7.7M | Reduce -57.8% |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | 7,653,000 | $7.5M | No change |
| SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) | NOTE 0.250%12/0 · principal | 74,175,000 | $7.3M | Reduce -5.0% |
| BLOOM ENERGY CORP (BE 2.5 08/15/25) | NOTE 2.500% 8/1 · principal | 5,641,000 | $7.2M | No change |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 8,200,000 | $7.0M | New |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 30,400,000 | $6.9M | Reduce -21.9% |
| MAGNITE INC (MGNI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 7,014,000 | $6.7M | New |
| FASTLY INC (FSLY 0 03/15/26) | NOTE 3/1 · principal | 5,939,000 | $5.6M | No change |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 5,000,000 | $5.4M | Add +400.0% |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 5,500,000 | $5.4M | No change |
| APELLIS PHARMACEUTICALS (APLS 3.5 09/15/26) | NOTE 3.500% 9/1 · principal | 5,000,000 | $5.3M | No change |
| LIVEPERSON INC (LPSN 0 12/15/26) | NOTE 12/1 · principal | 16,714,000 | $5.0M | No change |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 100,000 | $4.7M | Reduce -50.0% |
| COHERUS ONCOLOGY INC (CHRS 1.5 04/15/26) | NOTE 1.500% 4/1 · principal | 4,500,000 | $4.4M | No change |
| ZYNEX INC (ZYXI 5 05/15/26) | NOTE 5.000% 5/1 · principal | 5,000,000 | $4.3M | No change |
| OATLY GROUP AB (OTLY 9.25 09/14/28) | NOTE 9.250% 9/1 · principal | 5,760,081 | $3.8M | No change |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 4,000,000 | $3.8M | No change |
| LUMINAR TECHNOLOGIES INC (LAZR 11.5 01/15/30) | DEBT 11.500% 1/1 · principal | 7,500,000 | $3.5M | No change |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | 5,000,000 | $3.5M | Reduce -37.5% |
| CMPOW Composecure Inc. -CW25 | *W EXP 12/27/202 | 843,130 | $3.3M | Add +0.4% |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | 1,507,382 | $2.7M | No change |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | 1,562,787 | $2.7M | No change |
| EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) | NOTE 4.750%10/1 · principal | 1,778,000 | $2.4M | Reduce -80.8% |
| OPFI.WS Oppfi Inc. -CW26 | *W EXP 07/20/202 | 1,049,673 | $2.3M | No change |
| LUMINAR TECHNOLOGIES INC (LAZR 9 01/15/30) | DEBT 9.000% 1/1 · principal | 4,500,000 | $2.2M | No change |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 580,000 | $2.0M | Reduce -91.0% |
| TILRAY BRANDS INC (TLRY 5.2 06/15/27) | NOTE 5.200% 6/1 · principal | 2,000,000 | $1.9M | New |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | 19,500,000 | $1.6M | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 39,904 | $1.1M | No change |
| TPI COMPOSITES INC (TPIC 5.25 03/15/28) | NOTE 5.250% 3/1 · principal | 6,700,000 | $1.0M | No change |
| RSVRW Reservoir Media-CW26 | *W EXP 08/26/202 | 547,924 | $685K | No change |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | 375,000 | $338K | New |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 341,000 | $333K | New |
| UNITED HOMES GROUP INC | *W EXP 03/30/202 | 439,789 | $277K | No change |
| OCSAW Oculis Holding AG -30 | *W EXP 03/06/202 | 35,616 | $267K | No change |
| HPAIW Helport AI Ltd. -29 | *W EXP 03/31/202 | 847,500 | $256K | No change |
| RUMBW Rumble Inc.-CW28 | *W EXP 09/16/202 | 106,572 | $245K | No change |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | 557,746 | $195K | No change |
| HVIIR Hennessy Capital Investment | RIGHT 01/17/2030 | 850,000 | $174K | New |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | 900,000 | $171K | New |
| EOS ENERGY ENTER -CW26 | *W EXP 11/17/202 | 499,827 | $150K | No change |
| HCVIW Hennessy Capital Inv A -CW27 | *W EXP 99/99/999 | 990,000 | $149K | No change |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 349,000 | $144K | No change |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | 725,000 | $133K | No change |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | 267,000 | $128K | No change |
| EVEX.WS Eve Holdng Inc. -CW25 | *W EXP 05/09/202 | 484,473 | $125K | No change |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 175,000 | $109K | No change |
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | 604,873 | $103K | No change |
| WGSWW Genedx Holdings Corp. | *W EXP 07/22/202 | 467,197 | $98K | No change |
| TALKW Hudson Executive Inv -CW25 | *W EXP 06/21/202 | 1,059,485 | $97K | No change |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 500,000 | $90K | No change |
| MRNOW Murano Global BV-28 | *W EXP 03/19/202 | 375,000 | $86K | No change |
| NOEMR CO2 Energy Transition Co.-RTS | RIGHT 10/15/2028 | 280,000 | $84K | No change |
| PGACR Pantages Capital Acquis-RT | RIGHT 11/15/2029 | 325,000 | $81K | New |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 166,366 | $77K | No change |
| FUFUW Bitfufu Inc.-28 | *W EXP 03/01/202 | 150,000 | $66K | No change |
| RANGR Range Capital Acquisition Co. | RIGHT 99/99/9999 | 375,000 | $65K | No change |
| BFLYW Butterfly Network Inc. -CW25 | *W EXP 02/12/202 | 723,004 | $65K | No change |
| ARKOW Arko Corp. -CW25 | *W EXP 12/22/202 | 1,276,060 | $64K | No change |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | 250,000 | $63K | No change |
| RNWWW Renew Energy Global -CW26 | *W EXP 08/21/202 | 591,955 | $60K | No change |
| SESCW Ivanhoe Capital Class A -CW27 | *W EXP 12/10/202 | 988,099 | $58K | No change |
| AFJKR Aimei Health Technology Co. L | RIGHT 11/17/2028 | 155,000 | $56K | No change |
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | 1,454,895 | $55K | No change |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 675,425 | $51K | No change |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | 200,000 | $48K | New |
| DRDBW Roman DBDR Acquisition -30 | *W EXP 10/31/203 | 150,000 | $47K | No change |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 575,000 | $42K | Add +155.6% |
| QETAR Quetta Acquisition Corp.-RTS | RIGHT 99/99/9999 | 23,000 | $37K | No change |
| HOLLEY INC | *W EXP 11/30/202 | 732,036 | $37K | No change |
| IROHR Iron Horse Acquisitions Righ | RIGHT 99/99/9999 | 119,035 | $36K | No change |
| NOEMW CO2 Energy Transition -28 | *W EXP 08/17/202 | 280,000 | $35K | New |
| PL.WS Planet Labs PBC -CW26 | *W EXP 12/06/202 | 52,798 | $34K | No change |
| BRLSW Oxus Acquisition Corp. -CW23 | *W EXP 02/07/202 | 300,000 | $33K | No change |
| SBCWW Pono Capital Two Inc. -27 | *W EXP 09/17/202 | 172,500 | $32K | No change |
| GSRTR GSR III Acquisition Corp. | RIGHT 99/99/9999 | 21,428 | $31K | No change |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 100,000 | $30K | No change |
| TAVIR Tavia Acquisition Corp. | RIGHT 11/26/2029 | 200,000 | $30K | No change |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | 450,000 | $30K | No change |
| CHARR Charlton Aria Acquisi-Rights | RIGHT 12/31/2026 | 150,000 | $27K | No change |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 136,100 | $26K | No change |
| BUJAR Bukit Jalil Global Acquisiti | RIGHT 12/30/2024 | 100,000 | $26K | No change |
| RDACR Rising Dragon Acquisition Co. | RIGHT 11/15/2028 | 150,000 | $24K | No change |
| EUDAW 8I Acquisition 2 Corp. -CW22 | *W EXP 11/22/202 | 200,000 | $24K | No change |
| DTSQR DT Cloud Star Acquisition Co. | RIGHT 07/09/2029 | 150,000 | $24K | No change |
| AEVAW Interprivate Acquisiti -CW24 | *W EXP 03/12/202 | 294,000 | $23K | No change |
| BKHAR Black Hawk Acquisition C-RTS | RIGHT 06/20/2025 | 15,000 | $23K | No change |
| GLLRF Global Lights Acquisition Co. | RIGHT 99/99/9999 | 100,000 | $22K | No change |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | 162,500 | $22K | No change |
Largest 200 of 294 shown.
Total filed on the 13F, all lines: $84.3B.
Portfolio Sells Q4 2024 → Q1 2025
| BA The Boeing Co. | Reduce -99.5% | 0.01% | −1.19 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −1.13 |
| TSLA Tesla Inc. | Reduce -42.8% | 0.60% | −0.92 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -15.0% | 4.12% | −0.60 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.59 |
| LLY Eli Lilly & Co. | Reduce -53.8% | 0.60% | −0.53 |
| NEE Nextera Energy Inc. | Reduce -97.5% | 0.01% | −0.51 |
| APP AppLovin Corp. Class A | Reduce -83.7% | 0.08% | −0.47 |
| CAVA Cava Group Inc. | Reduce -65.8% | 0.18% | −0.45 |
| UAL United Airlines Holdings Inc. | Reduce -84.8% | 0.06% | −0.44 |
| CEG Constellation Energy | Reduce -60.7% | 0.27% | −0.44 |
| RDDT Reddit Inc. Class A | Reduce -29.7% | 0.40% | −0.42 |
| MU Micron Technology Inc. | Reduce -96.1% | 0.02% | −0.40 |
| NFLX Netflix Inc. | Reduce -55.8% | 0.39% | −0.40 |
| CVNA Carvana Co. | Reduce -59.0% | 0.29% | −0.35 |
| AMD Advanced Micro Devices | Reduce -64.5% | 0.15% | −0.32 |
| QCOM Qualcomm Inc. | Reduce -86.8% | 0.05% | −0.27 |
| LRCX Lam Research Corp. | Reduce -91.5% | 0.03% | −0.27 |
| WFC Wells Fargo & Co. | Reduce -67.7% | 0.15% | −0.27 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -55.4% | 0.18% | −0.24 |
| DASH DoorDash Inc. Class A | Reduce -49.2% | 0.35% | −0.24 |
| BKR Baker Hughes Co. | Reduce -95.3% | 0.01% | −0.23 |
| FANG Diamondback Energy Inc. | Reduce -66.0% | 0.12% | −0.22 |
| MCHP Microchip Technology Inc. | Reduce -96.2% | 0.01% | −0.22 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -64.8% | 0.16% | −0.22 |
| SHW The Sherwin-Williams Co. | Reduce -49.0% | 0.27% | −0.21 |
| V Visa Inc. Class A | Reduce -46.0% | 0.38% | −0.21 |
| MSFT Microsoft Corp. | Reduce -4.3% | 2.32% | −0.21 |
| SNOW Snowflake Inc. | Reduce -93.1% | 0.02% | −0.21 |
| BDX Becton Dickinson and Co. | Reduce -78.6% | 0.06% | −0.20 |
| MS Morgan Stanley | Reduce -82.2% | 0.04% | −0.19 |
| APO Apollo Global Management Inc. | Reduce -32.3% | 0.29% | −0.19 |
| NXPI NXP Semiconductors NV | Reduce -73.1% | 0.07% | −0.19 |
| TMO Thermo Fisher Scientific Inc. | Reduce -56.7% | 0.15% | −0.19 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -50.4% | 0.22% | −0.18 |
| AAPL Apple Inc. | Reduce -5.7% | 1.61% | −0.18 |
| ELV Elevance Health Inc. | Reduce -66.0% | 0.13% | −0.18 |
| CRM Salesforce Inc. | Reduce -36.2% | 0.21% | −0.17 |
| FTNT Fortinet Inc. | Reduce -41.0% | 0.32% | −0.17 |
| EL Estee Lauder Companies Class A | Reduce -76.5% | 0.05% | −0.17 |
| UPST Upstart Holdings Inc. | Reduce -62.8% | 0.07% | −0.17 |
| PYPL PayPal Holdings Inc. | Reduce -86.7% | 0.02% | −0.16 |
| HD Home Depot Inc. | Reduce -56.4% | 0.12% | −0.15 |
| BAC Bank of America Corp. | Reduce -45.8% | 0.18% | −0.15 |
| AFRM Affirm Holdings Inc. | Reduce -55.2% | 0.08% | −0.15 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -74.3% | 0.05% | −0.14 |
| VZ Verizon Communications Inc. | Reduce -82.8% | 0.04% | −0.14 |
| AMZN Amazon.com Inc. | Reduce -5.6% | 1.02% | −0.14 |
| DLTR Dollar Tree Inc. | Reduce -42.9% | 0.22% | −0.14 |
| WST West Pharmaceutical Services | Reduce -75.8% | 0.03% | −0.14 |
Portfolio Buys Q4 2024 → Q1 2025
| GEV GE Vernova Inc. | Add +1242.0% | 0.83% | +0.77 |
| PLTR Palantir Technologies Inc. Class A | Add +295.7% | 0.86% | +0.68 |
| DIS The Walt Disney Co. | Add +345.2% | 0.84% | +0.64 |
| XLF SS Financial Select Sector | Add +390.5% | 0.79% | +0.64 |
| SCHW Schwab (charles) Corp. | Add +163.8% | 0.79% | +0.53 |
| UNH Unitedhealth Group Inc. | Add +788.3% | 0.56% | +0.51 |
| TSM Taiwan Semiconductor-SP ADR | Add +373.6% | 0.64% | +0.49 |
| INTU Intuit Inc. | Add +58.8% | 1.19% | +0.48 |
| COST Costco Wholesale Corp. | Add +293.9% | 0.59% | +0.45 |
| BSX Boston Scientific Corp. | Add +402.8% | 0.49% | +0.41 |
| ADBE Adobe Inc. | Add +146.3% | 0.65% | +0.37 |
| HOOD Robinhood Markets Inc. Class A | Add +61.3% | 0.67% | +0.33 |
| MRK Merck & Co. Inc. | Add +46.1% | 1.07% | +0.31 |
| TXN Texas Instruments Inc. | Add +241.6% | 0.40% | +0.29 |
| CSCO Cisco Systems Inc. | Add +118.6% | 0.48% | +0.29 |
| ADSK Autodesk Inc. | Add +354.2% | 0.37% | +0.28 |
| FSLR First Solar Inc. | Add +1146.1% | 0.30% | +0.27 |
| EQT Eqt Corp. | Add +187.8% | 0.36% | +0.26 |
| MUB iShares National Muni Bond E | Add +135.6% | 0.43% | +0.26 |
| EQIX Equinix Inc. | Add +137.9% | 0.45% | +0.25 |
| MELI MercadoLibre Inc. | Add +190.8% | 0.33% | +0.24 |
| IONQ Ionq Inc. | Add +7517.5% | 0.22% | +0.22 |
| EIX Edison International | Add +626.3% | 0.26% | +0.21 |
| HIMS Hims & Hers Health Inc. | Add +841.7% | 0.23% | +0.21 |
| LIN Linde PLC | Add +98.3% | 0.35% | +0.20 |
| AVGO Broadcom Inc. | Add +73.2% | 0.78% | +0.20 |
| TPR Tapestry Inc. | Add +3709.8% | 0.20% | +0.20 |
| INFY Infosys Ltd.-SP ADR | Add +9767.6% | 0.19% | +0.19 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +9463.1% | 0.19% | +0.19 |
| AMAT Applied Materials Inc. | Add +46.5% | 0.60% | +0.17 |
| CNQ Canadian Natural Resources | Add +153.9% | 0.27% | +0.17 |
| MRSH Marsh & McLennan Cos | Add +133.8% | 0.25% | +0.16 |
| CL Colgate-Palmolive Co. | Add +127.7% | 0.27% | +0.16 |
| HAL Halliburton Co. | Add +867.1% | 0.17% | +0.16 |
| RCL Royal Caribbean Cruises Ltd. | Add +55.5% | 0.45% | +0.15 |
| KO The Coca-Cola Co. | Add +24.5% | 0.41% | +0.14 |
| GD General Dynamics Corp. | Add +186.1% | 0.21% | +0.14 |
| PNC PNC Financial Services Group | Add +1653.6% | 0.15% | +0.14 |
| TJX TJX Companies Inc. | Add +61.1% | 0.33% | +0.14 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +91.8% | 0.27% | +0.14 |
| CSX CSX Corp. | Add +3230.5% | 0.14% | +0.13 |
| GOOG Alphabet Inc. Class C | Add +70.0% | 0.38% | +0.13 |
| GOOGL Alphabet Inc. Class A | Add +37.3% | 0.74% | +0.13 |
| F Ford Motor Co. | Add +114.0% | 0.22% | +0.12 |
| QBTS D-Wave Quantum Inc. | Add +9434.7% | 0.12% | +0.12 |
| ABBV Abbvie Inc. | Add +176.3% | 0.17% | +0.12 |
| AER Aercap Holdings NV | Add +13.0% | 0.51% | +0.12 |
| AS Amer Sports Inc. | Add +770.8% | 0.13% | +0.12 |
| MRNA Moderna Inc. | Add +218.7% | 0.20% | +0.12 |
| ISRG Intuitive Surgical Inc. | Add +47.2% | 0.35% | +0.12 |
Options Activity Q4 2024 → Q1 2025
| TSLA Tesla Inc. | put | Reduce -24.3% | 1,836,700 | $476.0M |
| AMD Advanced Micro Devices | put | Reduce -12.4% | 4,454,900 | $457.7M |
| BKNG Booking Holdings Inc. | call | Reduce -19.3% | 97,200 | $447.8M |
| NVDA Nvidia Corp. | put | Reduce -43.4% | 3,988,500 | $432.3M |
| BA The Boeing Co. | put | Reduce -22.0% | 2,291,800 | $390.9M |
| MU Micron Technology Inc. | put | Reduce -35.7% | 3,822,800 | $332.2M |
| AAPL Apple Inc. | call | Reduce -54.9% | 1,488,700 | $330.7M |
| AMZN Amazon.com Inc. | call | Add +35.6% | 1,731,200 | $329.4M |
| AMZN Amazon.com Inc. | put | Reduce -37.9% | 1,637,900 | $311.6M |
| PLTR Palantir Technologies Inc. Class A | call | Reduce -16.7% | 3,636,500 | $306.9M |
| CRWD CrowdStrike Holdings Inc. Class A | put | Reduce -45.4% | 861,100 | $303.6M |
| BA The Boeing Co. | call | Add +9.2% | 1,766,200 | $301.2M |
| NVDA Nvidia Corp. | call | Reduce -53.2% | 2,768,400 | $300.0M |
| META Meta Platforms Inc. Class A | call | Reduce -23.5% | 478,300 | $275.7M |
| JPM JPMorgan Chase & Co. | call | Add +0.9% | 1,106,100 | $271.3M |
| AMD Advanced Micro Devices | call | Add +172.0% | 2,632,900 | $270.5M |
| BRK.B Berkshire Hathaway Inc. Class B | call | Reduce -42.7% | 492,900 | $262.5M |
| NFLX Netflix Inc. | call | Reduce -15.5% | 278,600 | $259.8M |
| TSLA Tesla Inc. | call | Reduce -32.1% | 976,100 | $253.0M |
| LLY Eli Lilly & Co. | put | Reduce -47.4% | 302,800 | $250.1M |
| AVGO Broadcom Inc. | put | Reduce -27.9% | 1,483,100 | $248.3M |
| META Meta Platforms Inc. Class A | put | Reduce -63.3% | 425,600 | $245.3M |
| MSFT Microsoft Corp. | call | Reduce -30.4% | 617,000 | $231.6M |
| AZO AutoZone Inc. | put | Sold out | 71,600 | $229.3Mbefore exit |
| PDD PDD Holdings Inc. | put | Reduce -15.4% | 1,910,600 | $226.1M |
| SNOW Snowflake Inc. | put | Reduce -47.4% | 1,508,100 | $220.4M |
| ASML ASML Holding NV-NY Reg SHS | put | Add +2.8% | 329,800 | $218.5M |
| COST Costco Wholesale Corp. | call | Reduce -47.1% | 228,600 | $216.2M |
| GS Goldman Sachs Group Inc. | call | Add +5.3% | 373,400 | $204.0M |
| PFE Pfizer Inc. | put | Reduce -28.6% | 7,944,900 | $201.3M |
| HD Home Depot Inc. | call | Add +6.7% | 522,400 | $191.5M |
| MSFT Microsoft Corp. | put | Reduce -14.0% | 496,800 | $186.5M |
| SMCI Super Micro Computer Inc. | put | Add +103.9% | 5,112,600 | $175.1M |
| GOOGL Alphabet Inc. Class A | put | Add +2.5% | 1,117,700 | $172.8M |
| GS Goldman Sachs Group Inc. | put | Reduce -41.7% | 316,200 | $172.7M |
| C Citigroup Inc. | put | Reduce -71.5% | 2,386,300 | $169.4M |
| NKE Nike Inc. Class B | put | Reduce -32.0% | 2,655,500 | $168.6M |
| SMCI Super Micro Computer Inc. | call | Reduce -24.5% | 4,860,300 | $166.4M |
| QCOM Qualcomm Inc. | put | Reduce -32.3% | 1,052,400 | $161.7M |
| IBM Intl Business Machines Corp. | call | Reduce -14.6% | 647,500 | $161.0M |
| PLTR Palantir Technologies Inc. Class A | put | Reduce -60.6% | 1,837,800 | $155.1M |
| BABA Alibaba Group Holding-SP ADR | call | Reduce -32.7% | 1,172,800 | $155.1M |
| CVS CVS Health Corp. | put | Reduce -12.6% | 2,274,500 | $154.1M |
| TD Toronto-Dominion Bank | call | Add +3.7% | 2,517,500 | $150.9M |
| UBER Uber Technologies Inc. | call | Add +109.1% | 2,050,600 | $149.4M |
| AAPL Apple Inc. | put | Reduce -57.5% | 646,400 | $143.6M |
| UBER Uber Technologies Inc. | put | Reduce -6.4% | 1,964,300 | $143.1M |
| TXN Texas Instruments Inc. | call | Add +49.5% | 794,100 | $142.7M |
| JNJ Johnson & Johnson | call | Add +111.5% | 855,600 | $141.9M |
| ADBE Adobe Inc. | put | Reduce -10.0% | 368,100 | $141.2M |
Showing the first 50 of 1,479.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | Add +585.7% | 120,642,000 | $296.5M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Add +0.7% | 171,270,000 | $227.0M |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | Add +4.2% | 74,505,000 | $176.7M |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Reduce -9.0% | 60,971,000 | $148.8M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Reduce -9.7% | 137,217,000 | $146.5M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Add +304.6% | 105,200,000 | $146.2M |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Add +5.3% | 95,279,000 | $140.5M |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | Reduce -22.4% | 3,025,000 | $136.7M |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | Add +27.5% | 48,635,000 | $124.8M |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Add +96.9% | 99,587,000 | $114.1M |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | Reduce -14.3% | 33,937,000 | $107.6M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Add +7.3% | 2,190,000 | $105.6M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Reduce -38.2% | 1,737,100 | $102.7M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Add +85.5% | 1,345,000 | $98.3M |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | Sold out | 116,813,000 | $95.5Mbefore exit |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Reduce -5.9% | 96,275,000 | $94.4M |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | Add +4.8% | 98,792,000 | $94.2M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Reduce -24.5% | 100,000,000 | $93.6M |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | Add +41.7% | 1,360,000 | $89.7M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | New | 1,800,000 | $88.2M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Reduce -35.7% | 67,888,000 | $79.8M |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | Reduce -4.2% | 46,000,000 | $79.1M |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | Add +155.7% | 85,654,000 | $75.6M |
| CHEGG INC (CHGG 0.125 03/15/25) | NOTE 0.125% 3/1 · principal | Sold out | 75,632,000 | $73.8Mbefore exit |
| INSIGHT ENTERPRS (NSIT 0.75 02/15/25) | NOTE 0.750% 2/1 · principal | Sold out | 31,716,000 | $70.8Mbefore exit |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | Add +51.1% | 63,796,000 | $70.8M |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | Add +15.3% | 67,676,000 | $65.1M |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Sold out | 23,376,000 | $61.0Mbefore exit |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Add +144.3% | 47,034,000 | $60.5M |
| INFINERA CORP (INFN 3.75 08/01/28) | NOTE 3.750% 8/0 · principal | Add +12.1% | 46,247,000 | $59.1M |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | Reduce -17.2% | 1,325,000 | $58.4M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Add +256.6% | 43,684,000 | $56.3M |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | Sold out | 46,487,000 | $54.4Mbefore exit |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Sold out | 56,437,000 | $54.2Mbefore exit |
| HUBSPOT INC (HUBS 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | Add +99.8% | 26,496,000 | $53.4M |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | Sold out | 56,994,000 | $52.8Mbefore exit |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | New | 52,715,000 | $51.1M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Sold out | 39,363,000 | $47.4Mbefore exit |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | New | 950,000 | $46.7M |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | Add +39.7% | 48,549,000 | $45.7M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Reduce -26.9% | 50,800,000 | $44.0M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Sold out | 42,500,000 | $43.5Mbefore exit |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Sold out | 45,686,000 | $42.8Mbefore exit |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | Reduce -0.5% | 45,771,000 | $42.2M |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | Add +90.2% | 39,000,000 | $42.0M |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | Reduce -15.1% | 39,394,000 | $40.7M |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | New | 39,403,000 | $37.6M |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Sold out | 34,685,000 | $37.0Mbefore exit |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Reduce -9.8% | 50,468,000 | $36.9M |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | Reduce -42.4% | 39,896,000 | $36.9M |
Showing the first 50 of 156.
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 | 3,138 | $151.6B | SPY, NVDA, GOOGL, AMZN, GOOG |
| Q1 2026 | 2,909 | $118.0B | NVDA, MSFT, AVGO, GOOGL, AAPL |
| Q4 2025 | 2,872 | $123.2B | NVDA, SPY, MSFT, PLTR, AMD |
| Q3 2025 | 2,815 | $115.7B | NVDA, MSFT, SPY, AVGO, PLTR |
| Q2 2025 | 2,769 | $94.1B | SPY, NVDA, AAPL, MSFT, NFLX |
| Q1 2025 | 2,723 | $78.3B | SPY, MSFT, NVDA, AAPL, INTU |
| Q4 2024 | 2,657 | $84.3B | SPY, MSFT, AAPL, NVDA, TSLA |
| Q3 2024 | 2,759 | $70.4B | NVDA, AAPL, MSFT, META, AMZN |
| Q2 2024 | 2,791 | $65.7B | MSFT, AAPL, NVDA, AMZN, V |
| Q1 2024Amended | 2,705 | $72.3B | MSFT, AAPL, NVDA, AMZN, NFLX |