D. E. Shaw & Co.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), David E. Shaw's D. E. Shaw & Co. reported 2,769 stock positions worth $94.1 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 3.9% of the portfolio, followed by Nvidia (NVDA, 3.4%) and Apple (AAPL, 2.5%). Compared with Q1 2025, it opened 388 new positions, sold out of 343, added to 1,087 and reduced 1,191. The biggest buy was Nvidia (NVDA, shares +67%) and the biggest sale GE Vernova (GEV, shares −87%).
- Most Recent 13F
- Q2 2026
- Notable People
- David E. Shaw
- Location
- New York, NY
- CIK
- 0001009207
- Portfolio Value
- $94.1B (Q2 2025)
- SEC Filing
- 0001104659-25-078542 ↗ filed Aug 14, 2025
Holdings Value
Holdings 2,769 stocks · $94.1B
| SPY SS SPDR S&P 500 ETF Trust-US | 3.91% | 5,953,794 | $3.7B | Add +3.3% |
| NVDA Nvidia Corp. | 3.41% | 20,324,463 | $3.2B | Add +66.8% |
| AAPL Apple Inc. | 2.53% | 11,618,867 | $2.4B | Add +104.3% |
| MSFT Microsoft Corp. | 1.95% | 3,697,177 | $1.8B | Reduce -23.5% |
| NFLX Netflix Inc. | 1.35% | 948,911 | $1.3B | Add +187.3% |
| PLTR Palantir Technologies Inc. Class A | 1.13% | 7,817,095 | $1.1B | Reduce -1.8% |
| GE General Electric filed as GE AEROSPACE | 1.02% | 3,739,922 | $962.6M | Add +255.4% |
| TMUS T-Mobile US Inc. | 1.02% | 4,010,687 | $955.6M | Add +1336.0% |
| MU Micron Technology Inc. | 0.96% | 7,355,788 | $906.6M | Add +4426.5% |
| CVNA Carvana Co. | 0.92% | 2,558,519 | $862.1M | Add +132.6% |
| AMZN Amazon.com Inc. | 0.91% | 3,892,276 | $853.9M | Reduce -7.2% |
| MRK Merck & Co. Inc. | 0.87% | 10,367,789 | $820.7M | Add +11.3% |
| XLF SS Financial Select Sector | 0.87% | 15,617,702 | $817.9M | Add +26.4% |
| BKNG Booking Holdings Inc. | 0.85% | 138,182 | $800.0M | Reduce -19.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.82% | 6,215,270 | $770.8M | Reduce -6.7% |
| BSX Boston Scientific Corp. | 0.77% | 6,755,151 | $725.6M | Add +76.0% |
| APP AppLovin Corp. Class A | 0.69% | 1,865,752 | $653.2M | Add +692.6% |
| INTU Intuit Inc. | 0.68% | 814,196 | $641.3M | Reduce -46.1% |
| AVGO Broadcom Inc. | 0.65% | 2,217,545 | $611.3M | Reduce -39.2% |
| MA Mastercard Inc. Class A | 0.64% | 1,065,616 | $598.8M | Add +58.5% |
| META Meta Platforms Inc. Class A | 0.63% | 802,135 | $592.0M | Reduce -31.0% |
| ZS Zscaler Inc. | 0.63% | 1,882,448 | $591.0M | Add +76546.9% |
| TMO Thermo Fisher Scientific Inc. | 0.57% | 1,325,972 | $537.6M | Add +463.4% |
| SOFI Sofi Technologies Inc. | 0.57% | 29,252,137 | $532.7M | Reduce -16.6% |
| HES Hess Corp. | 0.56% | 3,806,017 | $527.3M | Reduce -0.2% |
| RBLX Roblox Corp. Class A | 0.55% | 4,940,104 | $519.7M | Add +102.4% |
| AER Aercap Holdings NV | 0.54% | 4,323,594 | $505.9M | Add +9.8% |
| BABA Alibaba Group Holding-SP ADR | 0.54% | 4,446,111 | $504.2M | Add +565.0% |
| TTWO Take-Two Interactive Softwre | 0.53% | 2,058,328 | $499.9M | Add +196.1% |
| WFC Wells Fargo & Co. | 0.48% | 5,662,320 | $453.7M | Add +244.8% |
| TEAM Atlassian Corp. Class A | 0.48% | 2,228,079 | $452.5M | Add +320.5% |
| IBIT iShares Bitcoin Trust ETF | 0.48% | 7,363,495 | $450.7M | Reduce -9.3% |
| GOOGL Alphabet Inc. Class A | 0.47% | 2,520,040 | $444.1M | Reduce -33.1% |
| APH Amphenol Corp. Class A | 0.47% | 4,468,852 | $441.3M | Add +306.4% |
| JNJ Johnson & Johnson | 0.46% | 2,845,798 | $434.7M | Add +142.4% |
| TXN Texas Instruments Inc. | 0.46% | 2,072,269 | $430.2M | Add +17.5% |
| FISV Fiserv Inc. | 0.46% | 2,484,033 | $428.3M | Add +19786.6% |
| DLTR Dollar Tree Inc. | 0.45% | 4,233,606 | $419.3M | Add +85.1% |
| LLY Eli Lilly & Co. | 0.44% | 528,132 | $411.7M | Reduce -7.9% |
| RKLB Rocket Lab Corp. | 0.44% | 11,477,962 | $410.6M | Reduce -15.8% |
| REGN Regeneron Pharmaceuticals | 0.43% | 777,469 | $408.2M | Add +34.3% |
| CPNG Coupang Inc. | 0.43% | 13,449,323 | $402.9M | Add +138.4% |
| RBRK Rubrik Inc. Class A | 0.41% | 4,322,942 | $387.3M | Add +87.3% |
| FIVE Five Below | 0.40% | 2,884,298 | $378.4M | Add +688.4% |
| VCIT Vanguard Int-Term Corporate | 0.39% | 4,445,288 | $368.6M | Add +3.6% |
| DD Dupont DE Nemours Inc. | 0.39% | 5,362,619 | $367.8M | Add +29.3% |
| ICE Intercontinental Exchange Inc. | 0.39% | 1,996,216 | $366.2M | Add +63.4% |
| EQIX Equinix Inc. | 0.38% | 450,679 | $358.5M | Add +3.8% |
| ICLR Icon PLC | 0.38% | 2,434,011 | $354.0M | Add +46.5% |
| SHEL Shell PLC-ADR | 0.37% | 4,936,889 | $347.6M | Reduce -19.0% |
| INSM Insmed Inc. | 0.37% | 3,422,619 | $344.5M | Add +365.7% |
| ISRG Intuitive Surgical Inc. | 0.36% | 630,808 | $342.8M | Add +14.8% |
| LIN Linde PLC | 0.36% | 716,836 | $336.3M | Add +20.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.35% | 686,781 | $333.6M | Add +101.8% |
| TSLA Tesla Inc. | 0.35% | 1,045,493 | $332.1M | Reduce -42.2% |
| WSM Williams-Sonoma Inc. | 0.35% | 1,987,513 | $324.7M | Add +2.6% |
| V Visa Inc. Class A | 0.34% | 909,760 | $323.0M | Add +7.4% |
| GOOG Alphabet Inc. Class C | 0.34% | 1,804,201 | $320.0M | Reduce -6.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.34% | 4,015,700 | $319.2M | Add +87.1% |
| CI The Cigna Group | 0.34% | 961,330 | $317.8M | Add +582.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.34% | 6,676,951 | $316.0M | Add +96.5% |
| CRDO Credo Technology Group Holdi | 0.33% | 3,372,369 | $312.2M | Reduce -6.7% |
| GM General Motors Co. | 0.33% | 6,250,671 | $307.6M | Add +1.9% |
| ATI Ati Inc. | 0.32% | 3,513,948 | $303.4M | Add +114.4% |
| AS Amer Sports Inc. | 0.31% | 7,602,695 | $294.7M | Add +96.2% |
| ROST Ross Stores Inc. | 0.31% | 2,278,371 | $290.7M | Add +9.1% |
| BROS Dutch Bros Inc. Class A | 0.31% | 4,228,571 | $289.1M | Reduce -20.2% |
| ABBV Abbvie Inc. | 0.30% | 1,540,853 | $286.0M | Add +147.6% |
| ASTS Ast Spacemobile Inc. | 0.29% | 5,888,576 | $275.2M | Add +17.9% |
| EQT Eqt Corp. | 0.29% | 4,717,080 | $275.1M | Reduce -11.8% |
| MOS The Mosaic Co. | 0.29% | 7,420,966 | $270.7M | Add +56.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 2,143,570 | $264.7M | Add +2.1% |
| MRSH Marsh & McLennan Cos | 0.28% | 1,204,529 | $263.4M | Add +49.3% |
| BRBR Bellring Brands Inc. | 0.28% | 4,524,539 | $262.1M | Add +41.2% |
| PG The Procter & Gamble Co. | 0.28% | 1,630,375 | $259.8M | Add +1214.2% |
| SFM Sprouts Farmers Market Inc. | 0.28% | 1,572,059 | $258.8M | Add +20.8% |
| TRGP Targa Resources Corp. | 0.27% | 1,484,174 | $258.4M | Add +30859.0% |
| DHR Danaher Corp. | 0.27% | 1,298,966 | $256.6M | Reduce -49.1% |
| WMT Walmart Inc. | 0.27% | 2,598,860 | $254.1M | Add +79.3% |
| ELV Elevance Health Inc. | 0.27% | 649,004 | $252.4M | Add +170.1% |
| SMR Nuscale Power Corp. | 0.27% | 6,374,003 | $252.2M | Add +92.0% |
| STX Seagate Technology Holdings | 0.26% | 1,688,415 | $243.7M | Add +11566.8% |
| GRAB Grab Holdings Ltd. Class A | 0.25% | 46,149,629 | $232.1M | Add +50.9% |
| CRM Salesforce Inc. | 0.25% | 851,040 | $232.1M | Add +36.4% |
| FANG Diamondback Energy Inc. | 0.24% | 1,672,796 | $229.8M | Add +175.3% |
| RCL Royal Caribbean Cruises Ltd. | 0.24% | 707,015 | $221.4M | Reduce -58.6% |
| NRG NRG Energy Inc. | 0.23% | 1,369,242 | $219.9M | Add +838.8% |
| SE Sea Ltd.-ADR | 0.23% | 1,365,221 | $218.4M | New |
| BDX Becton Dickinson and Co. | 0.23% | 1,248,203 | $215.0M | Add +514.4% |
| KVUE Kenvue Inc. | 0.22% | 9,997,181 | $209.2M | Add +168.8% |
| MDT Medtronic PLC | 0.22% | 2,400,282 | $209.2M | Add +10.3% |
| HUM Humana Inc. | 0.22% | 845,445 | $206.7M | Reduce -0.6% |
| MRNA Moderna Inc. | 0.22% | 7,463,555 | $205.9M | Add +32.4% |
| FICO Fair Isaac Corp. | 0.22% | 111,530 | $203.9M | Reduce -28.8% |
| AR Antero Resources Corp. | 0.22% | 5,034,749 | $202.8M | Add +64.9% |
| VRSK Verisk Analytics Inc. | 0.21% | 648,336 | $202.0M | Add +1.5% |
| PGR Progressive Corp. | 0.21% | 750,234 | $200.2M | Add +69.4% |
| OTIS Otis Worldwide Corp. | 0.21% | 2,021,880 | $200.2M | Add +2411.6% |
| GPN Global Payments Inc. | 0.21% | 2,410,242 | $192.9M | Add +867.0% |
| UNH Unitedhealth Group Inc. | 0.20% | 614,458 | $191.7M | Reduce -26.9% |
Options reported separately and not counted above: NVDA calls ($907.7M), NVDA puts ($879.8M), TSLA puts ($809.1M), AMD puts ($600.6M), AAPL puts ($591.4M), MU puts ($581.2M), IWM puts ($577.2M), BKNG calls ($532.6M), NFLX calls ($487.3M), PLTR calls ($479.7M), BABA calls ($472.9M), PLTR puts ($460.1M), and 1226 more.
Other holdings (299): bonds, preferreds, convertibles and warrants · $6.4B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | 102,199,000 | $400.8M | Add +43.5% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 134,612,000 | $241.7M | Add +186.2% |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | 112,571,000 | $238.7M | Add +63.6% |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 131,279,000 | $233.0M | Add +37.8% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 125,460,000 | $225.9M | New |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 29,974,000 | $188.9M | Add +262.1% |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 60,971,000 | $169.6M | No change |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 145,225,000 | $168.4M | Add +50.8% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 160,115,000 | $167.1M | Add +203.7% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 105,200,000 | $161.6M | No change |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 117,372,000 | $158.7M | Reduce -14.5% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 99,587,000 | $125.9M | No change |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 48,635,000 | $124.4M | No change |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 141,330,000 | $119.9M | New |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 2,802,775 | $111.5M | New |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 2,190,000 | $103.5M | No change |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 46,000,000 | $95.7M | No change |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 98,792,000 | $95.2M | No change |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 90,804,000 | $88.1M | Add +3.4% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 90,500,000 | $85.5M | Reduce -9.5% |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | 34,545,000 | $83.5M | No change |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 70,000,000 | $80.8M | New |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 87,300,000 | $78.7M | Add +71.8% |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 85,654,000 | $78.0M | No change |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 78,093,000 | $77.5M | No change |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 64,184,000 | $76.7M | Add +46.9% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 80,796,000 | $74.7M | Add +22.7% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 1,052,000 | $71.9M | Reduce -39.4% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 49,814,000 | $70.2M | New |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | 64,722,000 | $70.2M | New |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 597,500 | $69.0M | New |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 64,496,000 | $68.6M | Add +1.1% |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 68,941,000 | $66.2M | No change |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | 44,758,000 | $63.3M | New |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 64,176,000 | $62.4M | Reduce -5.2% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 1,154,000 | $61.8M | Reduce -35.9% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 51,000,000 | $60.4M | New |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 49,597,000 | $52.5M | Add +891.9% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 55,059,000 | $49.6M | Add +138.8% |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 48,549,000 | $45.8M | No change |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 727,000 | $44.2M | Add +38.0% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 46,583,000 | $44.1M | Add +80.0% |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 45,689,000 | $43.7M | Add +9.6% |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 45,771,000 | $43.5M | No change |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 40,000,000 | $43.4M | New |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | 35,984,000 | $41.6M | No change |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 39,976,000 | $40.8M | New |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 520,000 | $39.1M | Reduce -61.3% |
| SPIRIT AEROSYSTEMS INC (SPR 3.25 11/01/28) | NOTE 3.250%11/0 · principal | 26,547,000 | $38.9M | No change |
| CANADIAN SOLAR INC (CSIQ 2.5 10/01/25) | NOTE 2.500%10/0 · principal | 38,346,000 | $37.6M | No change |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 39,896,000 | $37.3M | No change |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 31,321,000 | $37.0M | No change |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 40,733,000 | $34.5M | Add +5.2% |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 35,403,000 | $33.9M | Reduce -10.2% |
| CHEGG INC (CHGG 0 09/01/26) | NOTE 9/0 · principal | 40,255,000 | $33.3M | Add +26.6% |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 34,001,000 | $32.9M | No change |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 38,500,000 | $32.8M | Add +196.2% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 27,500,000 | $32.2M | Reduce -59.5% |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | 31,563,000 | $32.2M | Reduce -29.6% |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 40,468,000 | $32.1M | Reduce -19.8% |
| TXNM ENERGY INC (TXNM 5.75 06/01/54) | NOTE 5.750% 6/0 · principal | 24,350,000 | $31.7M | New |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 27,500,000 | $30.9M | Add +37.5% |
| GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | 21,950,000 | $30.0M | New |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 28,000,000 | $28.3M | No change |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 38,500,000 | $27.6M | No change |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 18,964,000 | $26.8M | New |
| MAGNITE INC (MGNI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 27,639,000 | $26.8M | Add +294.1% |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 17,806,000 | $26.5M | Reduce -47.7% |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | 27,009,000 | $25.3M | No change |
| OMNICELL INC (OMCL 0.25 09/15/25) | NOTE 0.250% 9/1 · principal | 24,467,000 | $24.2M | No change |
| APPLIED OPTOELECTRONICS INC | NOTE 2.750% 1/1 · principal | 23,089,000 | $22.7M | No change |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 22,201,000 | $22.3M | New |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 14,550,000 | $22.0M | Reduce -12.9% |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 22,061,000 | $20.7M | Add +49.6% |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 20,856,000 | $20.1M | No change |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 9,000,000 | $19.3M | New |
| SUNRUN INC (RUN 4 03/01/30) | NOTE 4.000% 3/0 · principal | 26,500,000 | $18.8M | Reduce -23.2% |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 16,725,000 | $18.8M | Reduce -17.3% |
| Q2 HOLDINGS INC (QTWO 0.125 11/15/25) | NOTE 0.125%11/1 · principal | 18,403,000 | $18.1M | No change |
| ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | NOTE 7.500% 8/0 · principal | 18,000,000 | $18.0M | No change |
| KOSMOS ENERGY LTD (KOS 3.125 03/15/30) | NOTE 3.125% 3/1 · principal | 26,485,000 | $17.9M | Reduce -5.4% |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 27,250,000 | $17.7M | No change |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 207,300 | $17.1M | Reduce -84.8% |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 18,663,000 | $17.0M | Add +103.1% |
| MICROCHIP TECHNOLOGY INC (MCHP 1.625 02/15/27) | NOTE 1.625% 2/1 · principal | 7,775,000 | $15.6M | No change |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 15,130,000 | $14.8M | No change |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | 11,972,000 | $14.3M | No change |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | 10,350,000 | $14.2M | No change |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 17,250,000 | $14.1M | Add +47.0% |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 14,250,000 | $12.7M | No change |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 14,000,000 | $12.5M | New |
| AMC GLOBAL MEDIA INC (AMCX 4.25 02/15/29 *) | NOTE 4.250% 2/1 · principal | 15,000,000 | $12.5M | New |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 11,690,000 | $12.0M | New |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 11,200,000 | $11.9M | No change |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 12,051,000 | $11.7M | Reduce -7.7% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | 10,000,000 | $11.3M | New |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | 11,767,000 | $11.1M | New |
| GROUPON INC (GRPN 1.125 03/15/26) | NOTE 1.125% 3/1 · principal | 10,839,000 | $10.6M | New |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 239,181 | $10.6M | Reduce -92.1% |
| PARSONS CORP (PSN 0.25 08/15/25) | NOTE 0.250% 8/1 · principal | 6,594,000 | $10.4M | New |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 11,900,000 | $10.0M | Reduce -22.7% |
| OMEROS CORP (OMER 9.5 06/15/29) | NOTE 9.500% 6/1 · principal | 13,380,000 | $9.9M | New |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 112,700,000 | $9.6M | No change |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 10,000,000 | $9.6M | New |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 150,000 | $9.2M | New |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 241,700 | $9.1M | Reduce -81.8% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 7,735,000 | $8.8M | New |
| CIPHER DIGITAL INC (CIFR 1.75 05/15/30) | NOTE 1.750% 5/1 · principal | 6,500,000 | $8.4M | New |
| IRONWOOD PHARMACEUTICALS (IRWD 1.5 06/15/26) | NOTE 1.500% 6/1 · principal | 9,550,000 | $8.1M | Reduce -32.0% |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 30,400,000 | $7.7M | No change |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | 7,653,000 | $7.6M | No change |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 8,000,000 | $7.2M | Reduce -8.6% |
| LIVEPERSON INC (LPSN 0 12/15/26) | NOTE 12/1 · principal | 16,714,000 | $6.4M | No change |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | 6,000,000 | $5.9M | New |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 178,400 | $5.8M | Reduce -58.4% |
| FASTLY INC (FSLY 0 03/15/26) | NOTE 3/1 · principal | 5,939,000 | $5.7M | No change |
| CMPOW Composecure Inc. -CW25 | *W EXP 12/27/202 | 843,130 | $5.2M | No change |
| APELLIS PHARMACEUTICALS (APLS 3.5 09/15/26) | NOTE 3.500% 9/1 · principal | 5,000,000 | $5.0M | No change |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | 1,507,382 | $4.9M | No change |
| OPFI.WS Oppfi Inc. -CW26 | *W EXP 07/20/202 | 1,049,673 | $4.5M | No change |
| OATLY GROUP AB (OTLY 9.25 09/14/28) | NOTE 9.250% 9/1 · principal | 6,026,484 | $4.2M | Add +4.6% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 5,500,000 | $4.1M | New |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | 5,000,000 | $3.9M | No change |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 3,000,000 | $3.8M | New |
| LUMINAR TECHNOLOGIES INC (LAZR 11.5 01/15/30) | DEBT 11.500% 1/1 · principal | 7,500,000 | $3.4M | No change |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 3,000,000 | $3.1M | New |
| ZYNEX INC (ZYXI 5 05/15/26) | NOTE 5.000% 5/1 · principal | 5,000,000 | $3.1M | No change |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 3,000,000 | $2.6M | New |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | 2,500,000 | $2.4M | New |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 2,500,000 | $2.2M | New |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 1,325,000 | $2.1M | Reduce -96.6% |
| LUMINAR TECHNOLOGIES INC (LAZR 9 01/15/30) | DEBT 9.000% 1/1 · principal | 4,500,000 | $1.9M | No change |
| TILRAY BRANDS INC (TLRY 5.2 06/15/27) | NOTE 5.200% 6/1 · principal | 2,000,000 | $1.8M | No change |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | 1,562,787 | $1.0M | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 39,904 | $826K | No change |
| RSVRW Reservoir Media-CW26 | *W EXP 08/26/202 | 547,924 | $679K | No change |
| EVEX.WS Eve Holdng Inc. -CW25 | *W EXP 05/09/202 | 484,473 | $447K | No change |
| TPI COMPOSITES INC (TPIC 5.25 03/15/28) | NOTE 5.250% 3/1 · principal | 6,700,000 | $406K | No change |
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | 1,454,895 | $393K | No change |
| UNITED HOMES GROUP INC | *W EXP 03/30/202 | 439,789 | $352K | No change |
| AEVAW Interprivate Acquisiti -CW24 | *W EXP 03/12/202 | 294,000 | $347K | No change |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | 900,000 | $346K | No change |
| RUMBW Rumble Inc.-CW28 | *W EXP 09/16/202 | 106,572 | $328K | No change |
| OCSAW Oculis Holding AG -30 | *W EXP 03/06/202 | 35,616 | $315K | No change |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | 557,746 | $284K | No change |
| HVIIR Hennessy Capital Investment | RIGHT 01/17/2030 | 850,000 | $281K | No change |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | 375,000 | $266K | No change |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 675,425 | $263K | No change |
| EOS ENERGY ENTER -CW26 | *W EXP 11/17/202 | 499,827 | $235K | No change |
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | 604,873 | $227K | No change |
| NAMMW Namib Minerals | *W EXP 06/05/203 | 990,000 | $193K | New |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 175,000 | $175K | No change |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 500,000 | $171K | No change |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 349,000 | $164K | No change |
| PMTRW Perimeter Acquis Corp. I -30 | *W EXP 05/13/203 | 250,000 | $163K | New |
| RAC.WS Rithm Acquisition Corp. - 30 | *W EXP 99/99/999 | 330,000 | $162K | Add +0.1% |
| GSRTR GSR III Acquisition Corp. | RIGHT 99/99/9999 | 21,428 | $147K | No change |
| HPAIW Helport AI Ltd. -29 | *W EXP 03/31/202 | 847,500 | $144K | No change |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | 267,000 | $139K | No change |
| GTENW Gores Holdings X Inc.-31 | *W EXP 05/02/203 | 225,000 | $133K | New |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | 725,000 | $123K | No change |
| ATIIW Archimedes Tech-30 | *W EXP 10/15/202 | 287,500 | $111K | No change |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | 150,000 | $108K | New |
| SESCW Ivanhoe Capital Class A -CW27 | *W EXP 12/10/202 | 988,099 | $107K | No change |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 | 125,000 | $99K | New |
| RANGR Range Capital Acquisition Co. | RIGHT 99/99/9999 | 375,000 | $94K | No change |
| DAVEW Dave Inc. -CW27 | *W EXP 01/05/202 | 49,200 | $91K | No change |
| RNWWW Renew Energy Global -CW26 | *W EXP 08/21/202 | 591,955 | $79K | No change |
| KIDZW Classover Holdings Inc. - 30 | *W EXP 04/03/203 | 575,000 | $76K | New |
| DRDBW Roman DBDR Acquisition -30 | *W EXP 10/31/203 | 150,000 | $75K | No change |
| TALKW Hudson Executive Inv -CW25 | *W EXP 06/21/202 | 1,059,485 | $74K | No change |
| MRNOW Murano Global BV-28 | *W EXP 03/19/202 | 375,000 | $73K | No change |
| GRMLW Anew Medical Inc. | *W EXP 06/21/202 | 300,000 | $72K | No change |
| PGACR Pantages Capital Acquis-RT | RIGHT 11/15/2029 | 325,000 | $72K | No change |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | 250,000 | $70K | No change |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | 200,000 | $68K | No change |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 166,366 | $64K | No change |
| IROHR Iron Horse Acquisitions Righ | RIGHT 99/99/9999 | 119,035 | $59K | No change |
| QSEAR Quartzsea Acquisition Corp. | RIGHT 02/18/2030 | 170,000 | $58K | New |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 575,000 | $56K | No change |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | 162,500 | $54K | No change |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | 450,000 | $44K | No change |
| TMSWW Live Oak Acquisition Co.-CW29 | *W EXP 99/99/999 | 62,500 | $44K | No change |
| NOEMR CO2 Energy Transition Co.-RTS | RIGHT 10/15/2028 | 280,000 | $44K | No change |
| PL.WS Planet Labs PBC -CW26 | *W EXP 12/06/202 | 52,798 | $44K | No change |
| BFLYW Butterfly Network Inc. -CW25 | *W EXP 02/12/202 | 723,004 | $44K | No change |
| DAAQW Digital Asset Acquisition-30 | *W EXP 04/01/203 | 50,000 | $43K | New |
| USA RARE EARTH INC | *W EXP 03/13/203 | 17,800 | $42K | No change |
| COPL.WS Copley Acquisition Corp. -30 | *W EXP 99/99/999 | 250,000 | $42K | New |
| JVSAR Jvspac Acquisition Corp.-RTS | RIGHT 11/26/2026 | 45,000 | $40K | No change |
| FUFUW Bitfufu Inc.-28 | *W EXP 03/01/202 | 150,000 | $39K | No change |
| BGLWW Blue Gold Ltd. | *W EXP 04/01/203 | 199,999 | $38K | New |
| PELIR Pelican Acquisition Corp.-RTS | RIGHT 05/02/2030 | 200,000 | $38K | New |
| AFJKR Aimei Health Technology Co. L | RIGHT 11/17/2028 | 155,000 | $37K | No change |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 136,100 | $37K | No change |
| HOLLEY INC | *W EXP 11/30/202 | 732,036 | $36K | No change |
| SBCWW Pono Capital Two Inc. -27 | *W EXP 09/17/202 | 172,500 | $33K | No change |
| BRLSW Oxus Acquisition Corp. -CW23 | *W EXP 02/07/202 | 300,000 | $33K | No change |
| TAVIR Tavia Acquisition Corp. | RIGHT 11/26/2029 | 200,000 | $33K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 87,500 | $32K | No change |
Largest 200 of 299 shown.
Total filed on the 13F, all lines: $100.4B.
Portfolio Sells Q1 2025 → Q2 2025
| GEV GE Vernova Inc. | Reduce -86.7% | 0.16% | −0.67 |
| SCHW Schwab (charles) Corp. | Reduce -80.6% | 0.15% | −0.64 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -83.4% | 0.12% | −0.52 |
| INTU Intuit Inc. | Reduce -46.1% | 0.68% | −0.50 |
| HOOD Robinhood Markets Inc. Class A | Reduce -85.8% | 0.18% | −0.49 |
| AMAT Applied Materials Inc. | Reduce -78.2% | 0.14% | −0.46 |
| COST Costco Wholesale Corp. | Reduce -74.0% | 0.13% | −0.45 |
| ADBE Adobe Inc. | Reduce -63.5% | 0.20% | −0.45 |
| MUB iShares National Muni Bond E | Reduce -93.9% | 0.02% | −0.41 |
| DHR Danaher Corp. | Reduce -49.1% | 0.27% | −0.39 |
| CSCO Cisco Systems Inc. | Reduce -79.3% | 0.09% | −0.39 |
| MSFT Microsoft Corp. | Reduce -23.5% | 1.95% | −0.36 |
| UNH Unitedhealth Group Inc. | Reduce -26.9% | 0.20% | −0.36 |
| AMGN Amgen Inc. | Reduce -50.4% | 0.19% | −0.32 |
| KLAC KLA Corp. | Reduce -97.3% | 0.01% | −0.31 |
| TECK Teck Resources Ltd.-CLS B | Reduce -91.4% | 0.03% | −0.30 |
| APO Apollo Global Management Inc. | Reduce -94.4% | 0.01% | −0.28 |
| GOOGL Alphabet Inc. Class A | Reduce -33.1% | 0.47% | −0.27 |
| FSLR First Solar Inc. | Reduce -90.2% | 0.03% | −0.27 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -93.6% | 0.01% | −0.26 |
| KO The Coca-Cola Co. | Reduce -53.5% | 0.16% | −0.25 |
| TTD Trade Desk Inc./the Class A | Reduce -83.9% | 0.05% | −0.25 |
| TSLA Tesla Inc. | Reduce -42.2% | 0.35% | −0.25 |
| FCX Freeport-McMoran Inc. | Reduce -71.0% | 0.09% | −0.24 |
| CNQ Canadian Natural Resources | Reduce -85.0% | 0.04% | −0.24 |
| ADSK Autodesk Inc. | Reduce -63.0% | 0.13% | −0.23 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.23 |
| META Meta Platforms Inc. Class A | Reduce -31.0% | 0.63% | −0.23 |
| CEG Constellation Energy | Reduce -86.5% | 0.05% | −0.22 |
| HES Hess Corp. | Reduce -0.2% | 0.56% | −0.22 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -58.6% | 0.24% | −0.21 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -59.1% | 0.14% | −0.21 |
| SHW The Sherwin-Williams Co. | Reduce -71.6% | 0.06% | −0.21 |
| FTNT Fortinet Inc. | Reduce -62.5% | 0.11% | −0.21 |
| CMG Chipotle Mexican Grill Inc. | Reduce -82.2% | 0.04% | −0.21 |
| SHEL Shell PLC-ADR | Reduce -19.0% | 0.37% | −0.20 |
| RDDT Reddit Inc. Class A | Reduce -57.3% | 0.20% | −0.19 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.19 |
| MELI MercadoLibre Inc. | Reduce -63.3% | 0.13% | −0.19 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −0.19 |
| SKX Skechers USA Inc. Class A | Reduce -99.3% | 0.00% | −0.19 |
| INFY Infosys Ltd.-SP ADR | Reduce -96.6% | 0.01% | −0.19 |
| ADI Analog Devices Inc. | Reduce -86.5% | 0.03% | −0.18 |
| F Ford Motor Co. | Reduce -81.4% | 0.04% | −0.18 |
| NOC Northrop Grumman Corp. | Reduce -60.3% | 0.09% | −0.18 |
| CAT Caterpillar Inc. | Reduce -62.8% | 0.10% | −0.18 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -97.3% | 0.01% | −0.17 |
| CAVA Cava Group Inc. | Reduce -95.9% | 0.01% | −0.17 |
| LLY Eli Lilly & Co. | Reduce -7.9% | 0.44% | −0.17 |
| DASH DoorDash Inc. Class A | Reduce -53.7% | 0.18% | −0.17 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +66.8% | 3.41% | +1.73 |
| NFLX Netflix Inc. | Add +187.3% | 1.35% | +0.96 |
| MU Micron Technology Inc. | Add +4426.5% | 0.96% | +0.95 |
| AAPL Apple Inc. | Add +104.3% | 2.53% | +0.92 |
| TMUS T-Mobile US Inc. | Add +1336.0% | 1.02% | +0.92 |
| GE General Electric | Add +255.4% | 1.02% | +0.75 |
| ZS Zscaler Inc. | Add +76546.9% | 0.63% | +0.63 |
| CVNA Carvana Co. | Add +132.6% | 0.92% | +0.62 |
| APP AppLovin Corp. Class A | Add +692.6% | 0.69% | +0.61 |
| FISV Fiserv Inc. | Add +19786.6% | 0.46% | +0.45 |
| BABA Alibaba Group Holding-SP ADR | Add +565.0% | 0.54% | +0.42 |
| TMO Thermo Fisher Scientific Inc. | Add +463.4% | 0.57% | +0.42 |
| APH Amphenol Corp. Class A | Add +306.4% | 0.47% | +0.38 |
| RBLX Roblox Corp. Class A | Add +102.4% | 0.55% | +0.37 |
| FIVE Five Below | Add +688.4% | 0.40% | +0.37 |
| TTWO Take-Two Interactive Softwre | Add +196.1% | 0.53% | +0.35 |
| TEAM Atlassian Corp. Class A | Add +320.5% | 0.48% | +0.34 |
| WFC Wells Fargo & Co. | Add +244.8% | 0.48% | +0.33 |
| INSM Insmed Inc. | Add +365.7% | 0.37% | +0.29 |
| CI The Cigna Group | Add +582.0% | 0.34% | +0.28 |
| BSX Boston Scientific Corp. | Add +76.0% | 0.77% | +0.28 |
| TRGP Targa Resources Corp. | Add +30859.0% | 0.27% | +0.27 |
| CPNG Coupang Inc. | Add +138.4% | 0.43% | +0.27 |
| STX Seagate Technology Holdings | Add +11566.8% | 0.26% | +0.26 |
| PG The Procter & Gamble Co. | Add +1214.2% | 0.28% | +0.25 |
| SE Sea Ltd.-ADR | New | 0.23% | +0.23 |
| RBRK Rubrik Inc. Class A | Add +87.3% | 0.41% | +0.23 |
| DLTR Dollar Tree Inc. | Add +85.1% | 0.45% | +0.23 |
| NRG NRG Energy Inc. | Add +838.8% | 0.23% | +0.22 |
| ATI Ati Inc. | Add +114.4% | 0.32% | +0.21 |
| JNJ Johnson & Johnson | Add +142.4% | 0.46% | +0.21 |
| SMR Nuscale Power Corp. | Add +92.0% | 0.27% | +0.21 |
| OTIS Otis Worldwide Corp. | Add +2411.6% | 0.21% | +0.20 |
| WDC Western Digital Corp. | Add +9821.0% | 0.20% | +0.20 |
| MCD McDonald's Corp. | Add +47711.3% | 0.19% | +0.19 |
| ACHR Archer Aviation Inc. Class A | Add +6501.6% | 0.19% | +0.19 |
| SHAK Shake Shack Inc. Class A | Add +7042.3% | 0.19% | +0.19 |
| AS Amer Sports Inc. | Add +96.2% | 0.31% | +0.18 |
| GPN Global Payments Inc. | Add +867.0% | 0.21% | +0.17 |
| BDX Becton Dickinson and Co. | Add +514.4% | 0.23% | +0.17 |
| MA Mastercard Inc. Class A | Add +58.5% | 0.64% | +0.17 |
| BA The Boeing Co. | Add +2894.7% | 0.17% | +0.16 |
| TD Toronto-Dominion Bank | Add +970.3% | 0.18% | +0.16 |
| ODD Oddity Tech Ltd. Class A | Add +1747.1% | 0.17% | +0.16 |
| SEZL Sezzle Inc. | New | 0.16% | +0.16 |
| BAC Bank of America Corp. | Add +96.5% | 0.34% | +0.15 |
| MDB Mongodb Inc. | Add +471.6% | 0.18% | +0.15 |
| ASTS Ast Spacemobile Inc. | Add +17.9% | 0.29% | +0.15 |
| NSC Norfolk Southern Corp. | New | 0.15% | +0.15 |
| RY Royal Bank of Canada | Add +1400.9% | 0.16% | +0.14 |
Options Activity Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | call | Add +107.5% | 5,745,100 | $907.7M |
| NVDA Nvidia Corp. | put | Add +39.6% | 5,569,000 | $879.8M |
| TSLA Tesla Inc. | put | Add +38.7% | 2,547,100 | $809.1M |
| AMD Advanced Micro Devices | put | Reduce -5.0% | 4,232,800 | $600.6M |
| AAPL Apple Inc. | put | Add +345.9% | 2,882,400 | $591.4M |
| MU Micron Technology Inc. | put | Add +23.4% | 4,715,300 | $581.2M |
| IWM iShares Russell 2000 ETF | put | New | 2,675,000 | $577.2M |
| BKNG Booking Holdings Inc. | call | Reduce -5.3% | 92,000 | $532.6M |
| NFLX Netflix Inc. | call | Add +30.6% | 363,900 | $487.3M |
| PLTR Palantir Technologies Inc. Class A | call | Reduce -3.2% | 3,518,900 | $479.7M |
| BABA Alibaba Group Holding-SP ADR | call | Add +255.5% | 4,169,600 | $472.9M |
| PLTR Palantir Technologies Inc. Class A | put | Add +83.6% | 3,374,800 | $460.1M |
| AAPL Apple Inc. | call | Add +49.9% | 2,231,000 | $457.7M |
| CRWD CrowdStrike Holdings Inc. Class A | put | Add +3.1% | 888,100 | $452.3M |
| META Meta Platforms Inc. Class A | put | Add +42.4% | 606,200 | $447.4M |
| AVGO Broadcom Inc. | put | Add +2.2% | 1,515,600 | $417.8M |
| JPM JPMorgan Chase & Co. | call | Add +24.9% | 1,381,600 | $400.5M |
| AMZN Amazon.com Inc. | put | Add +2.1% | 1,672,900 | $367.0M |
| GOOGL Alphabet Inc. Class A | put | Add +67.1% | 1,867,800 | $329.2M |
| TSM Taiwan Semiconductor-SP ADR | put | Add +652.8% | 1,434,100 | $324.8M |
| BA The Boeing Co. | call | Reduce -14.7% | 1,506,200 | $315.6M |
| NET Cloudflare Inc. Class A | call | Add +582.9% | 1,585,700 | $310.5M |
| SMCI Super Micro Computer Inc. | call | Add +30.4% | 6,335,300 | $310.5M |
| TSLA Tesla Inc. | call | Add +0.1% | 977,200 | $310.4M |
| LLY Eli Lilly & Co. | put | Add +29.7% | 392,600 | $306.0M |
| BA The Boeing Co. | put | Reduce -36.4% | 1,458,800 | $305.7M |
| PDD PDD Holdings Inc. | call | Add +195.2% | 2,892,700 | $302.7M |
| MU Micron Technology Inc. | call | Add +70.2% | 2,421,400 | $298.4M |
| META Meta Platforms Inc. Class A | call | Reduce -15.7% | 403,300 | $297.7M |
| SMCI Super Micro Computer Inc. | put | Add +13.1% | 5,780,800 | $283.3M |
| AMD Advanced Micro Devices | call | Reduce -31.9% | 1,794,200 | $254.6M |
| AMZN Amazon.com Inc. | call | Reduce -34.1% | 1,140,400 | $250.2M |
| GS Goldman Sachs Group Inc. | call | Reduce -6.0% | 351,200 | $248.6M |
| MSFT Microsoft Corp. | call | Reduce -19.8% | 494,600 | $246.0M |
| CRWD CrowdStrike Holdings Inc. Class A | call | Add +40.0% | 479,600 | $244.3M |
| RDDT Reddit Inc. Class A | put | Add +1618.8% | 1,596,800 | $240.4M |
| TD Toronto-Dominion Bank | put | Add +70.2% | 3,248,500 | $239.1M |
| NET Cloudflare Inc. Class A | put | Add +904.2% | 1,213,100 | $237.6M |
| BRK.B Berkshire Hathaway Inc. Class B | call | Reduce -1.9% | 483,500 | $234.9M |
| BABA Alibaba Group Holding-SP ADR | put | Add +97.4% | 2,014,800 | $228.5M |
| HOOD Robinhood Markets Inc. Class A | call | Add +40.7% | 2,438,700 | $228.3M |
| PDD PDD Holdings Inc. | put | Add +11.3% | 2,126,800 | $222.6M |
| SPOT Spotify Technology SA | call | Add +28.6% | 282,100 | $216.5M |
| APP AppLovin Corp. Class A | put | Add +224.7% | 593,800 | $207.9M |
| COST Costco Wholesale Corp. | call | Reduce -8.3% | 209,700 | $207.6M |
| WMT Walmart Inc. | call | Add +249.1% | 2,114,200 | $206.7M |
| SNOW Snowflake Inc. | put | Reduce -39.1% | 918,000 | $205.4M |
| VRT Vertiv Holdings Co. Class A | put | Add +66.7% | 1,567,700 | $201.3M |
| NKE Nike Inc. Class B | put | Add +6.4% | 2,824,500 | $200.7M |
| MRVL Marvell Technology Inc. | put | Add +463.7% | 2,587,900 | $200.3M |
Showing the first 50 of 1,280.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | Add +43.5% | 102,199,000 | $400.8M |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | Sold out | 120,642,000 | $296.5Mbefore exit |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Add +186.2% | 134,612,000 | $241.7M |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | Add +63.6% | 112,571,000 | $238.7M |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Add +37.8% | 131,279,000 | $233.0M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Sold out | 171,270,000 | $227.0Mbefore exit |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | New | 125,460,000 | $225.9M |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | Add +262.1% | 29,974,000 | $188.9M |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | Sold out | 74,505,000 | $176.7Mbefore exit |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Add +50.8% | 145,225,000 | $168.4M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Add +203.7% | 160,115,000 | $167.1M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Reduce -14.5% | 117,372,000 | $158.7M |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | Sold out | 108,597,000 | $124.4Mbefore exit |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | New | 141,330,000 | $119.9M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | New | 2,802,775 | $111.5M |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | Sold out | 33,937,000 | $107.6Mbefore exit |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Add +3.4% | 90,804,000 | $88.1M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Reduce -9.5% | 90,500,000 | $85.5M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | New | 70,000,000 | $80.8M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Add +71.8% | 87,300,000 | $78.7M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Add +46.9% | 64,184,000 | $76.7M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Add +22.7% | 80,796,000 | $74.7M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Reduce -39.4% | 1,052,000 | $71.9M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | New | 49,814,000 | $70.2M |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | New | 64,722,000 | $70.2M |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | New | 597,500 | $69.0M |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | Add +1.1% | 64,496,000 | $68.6M |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | New | 44,758,000 | $63.3M |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | Reduce -5.2% | 64,176,000 | $62.4M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Reduce -35.9% | 1,154,000 | $61.8M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | New | 51,000,000 | $60.4M |
| INFINERA CORP (INFN 3.75 08/01/28) | NOTE 3.750% 8/0 · principal | Sold out | 46,247,000 | $59.1Mbefore exit |
| HUBSPOT INC (HUBS 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | Sold out | 26,496,000 | $53.4Mbefore exit |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Add +891.9% | 49,597,000 | $52.5M |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | Add +138.8% | 55,059,000 | $49.6M |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Sold out | 950,000 | $46.7Mbefore exit |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | Sold out | 45,519,000 | $45.2Mbefore exit |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | Add +38.0% | 727,000 | $44.2M |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Add +80.0% | 46,583,000 | $44.1M |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | Add +9.6% | 45,689,000 | $43.7M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | New | 40,000,000 | $43.4M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | New | 39,976,000 | $40.8M |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | Sold out | 39,394,000 | $40.7Mbefore exit |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | Sold out | 29,795,000 | $39.2Mbefore exit |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -61.3% | 520,000 | $39.1M |
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | Sold out | 35,250,000 | $35.1Mbefore exit |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | Add +5.2% | 40,733,000 | $34.5M |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | Reduce -10.2% | 35,403,000 | $33.9M |
| CHEGG INC (CHGG 0 09/01/26) | NOTE 9/0 · principal | Add +26.6% | 40,255,000 | $33.3M |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | Add +196.2% | 38,500,000 | $32.8M |
Showing the first 50 of 159.
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 |