D. E. Shaw & Co.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), David E. Shaw's D. E. Shaw & Co. reported 2,815 stock positions worth $115.7 billion. Its top holding was Nvidia (NVDA) at 4.1% of the portfolio, followed by Microsoft (MSFT, 3.3%) and SS SPDR S&P 500 ETF Trust-US (SPY, 1.9%). Compared with Q2 2025, it opened 416 new positions, sold out of 371, added to 1,191 and reduced 1,088. The biggest buy was Microsoft (MSFT, shares +101%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −44%).
- Most Recent 13F
- Q2 2026
- Notable People
- David E. Shaw
- Location
- New York, NY
- CIK
- 0001009207
- Portfolio Value
- $115.7B (Q3 2025)
- SEC Filing
- 0001104659-25-112505 ↗ filed Nov 14, 2025
Holdings Value
Holdings 2,815 stocks · $115.7B
| NVDA Nvidia Corp. | 4.12% | 25,533,758 | $4.8B | Add +25.6% |
| MSFT Microsoft Corp. | 3.32% | 7,423,387 | $3.8B | Add +100.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.92% | 3,326,503 | $2.2B | Reduce -44.1% |
| AVGO Broadcom Inc. | 1.62% | 5,689,546 | $1.9B | Add +156.6% |
| PLTR Palantir Technologies Inc. Class A | 1.46% | 9,258,351 | $1.7B | Add +18.4% |
| MU Micron Technology Inc. | 1.31% | 9,032,316 | $1.5B | Add +22.8% |
| AAPL Apple Inc. | 1.28% | 5,812,636 | $1.5B | Reduce -50.0% |
| META Meta Platforms Inc. Class A | 1.24% | 1,958,918 | $1.4B | Add +144.2% |
| WDC Western Digital Corp. | 1.00% | 9,625,316 | $1.2B | Add +231.1% |
| BE Bloom Energy Corp. Class A | 0.86% | 11,817,904 | $999.4M | Add +97.7% |
| NFLX Netflix Inc. | 0.81% | 782,556 | $938.2M | Reduce -17.5% |
| SOFI Sofi Technologies Inc. | 0.80% | 35,034,441 | $925.6M | Add +19.8% |
| ISRG Intuitive Surgical Inc. | 0.78% | 2,018,930 | $902.9M | Add +220.1% |
| FISV Fiserv Inc. | 0.76% | 6,778,723 | $874.0M | Add +172.9% |
| BSX Boston Scientific Corp. | 0.75% | 8,910,355 | $869.9M | Add +31.9% |
| VCIT Vanguard Int-Term Corporate | 0.75% | 10,274,488 | $864.2M | Add +131.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.74% | 16,596,119 | $856.2M | Add +148.6% |
| TMUS T-Mobile US Inc. | 0.72% | 3,494,199 | $836.4M | Reduce -12.9% |
| INSM Insmed Inc. | 0.70% | 5,657,464 | $814.7M | Add +65.3% |
| ADBE Adobe Inc. | 0.69% | 2,269,465 | $800.6M | Add +367.5% |
| GOOGL Alphabet Inc. Class A | 0.67% | 3,183,870 | $774.0M | Add +26.3% |
| SCHW Schwab (charles) Corp. | 0.63% | 7,664,758 | $731.8M | Add +399.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.62% | 4,998,358 | $722.5M | Add +133.2% |
| TXN Texas Instruments Inc. | 0.62% | 3,880,350 | $712.9M | Add +87.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.62% | 6,225,497 | $712.8M | Add +0.2% |
| AMZN Amazon.com Inc. | 0.62% | 3,243,362 | $712.1M | Reduce -16.7% |
| BKNG Booking Holdings Inc. | 0.62% | 131,768 | $711.5M | Reduce -4.6% |
| RBLX Roblox Corp. Class A | 0.60% | 5,038,105 | $697.9M | Add +2.0% |
| CRM Salesforce Inc. | 0.55% | 2,691,324 | $637.8M | Add +216.2% |
| TSLA Tesla Inc. | 0.53% | 1,377,024 | $612.4M | Add +31.7% |
| HOOD Robinhood Markets Inc. Class A | 0.52% | 4,222,294 | $604.5M | Add +134.7% |
| HON Honeywell International Inc. | 0.52% | 2,837,219 | $597.2M | Add +305.5% |
| GM General Motors Co. | 0.51% | 9,680,447 | $590.2M | Add +54.9% |
| ROST Ross Stores Inc. | 0.51% | 3,862,459 | $588.6M | Add +69.5% |
| WMT Walmart Inc. | 0.48% | 5,357,469 | $552.1M | Add +106.2% |
| TEAM Atlassian Corp. Class A | 0.47% | 3,422,430 | $546.6M | Add +53.6% |
| TTWO Take-Two Interactive Softwre | 0.47% | 2,088,762 | $539.7M | Add +1.5% |
| FICO Fair Isaac Corp. | 0.46% | 355,767 | $532.4M | Add +219.0% |
| MRSH Marsh & McLennan Cos | 0.45% | 2,576,666 | $519.3M | Add +113.9% |
| DD Dupont DE Nemours Inc. | 0.45% | 6,643,504 | $517.5M | Add +23.9% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.43% | 10,717,054 | $503.0M | New |
| VCSH Vanguard S/T Corp. Bond ETF | 0.43% | 6,241,037 | $498.8M | Add +55.4% |
| ALAB Astera Labs Inc. | 0.43% | 2,547,136 | $498.7M | Add +25.4% |
| REGN Regeneron Pharmaceuticals | 0.42% | 861,593 | $484.4M | Add +10.8% |
| VRSK Verisk Analytics Inc. | 0.42% | 1,921,796 | $483.4M | Add +196.4% |
| CPNG Coupang Inc. | 0.41% | 14,868,196 | $478.8M | Add +10.6% |
| STX Seagate Technology Holdings | 0.41% | 2,005,386 | $473.4M | Add +18.8% |
| CRDO Credo Technology Group Holdi | 0.41% | 3,238,731 | $471.6M | Reduce -4.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.41% | 1,679,635 | $469.1M | Add +234.8% |
| CVNA Carvana Co. | 0.40% | 1,230,513 | $464.2M | Reduce -51.9% |
| IBIT iShares Bitcoin Trust ETF | 0.40% | 7,063,619 | $459.1M | Reduce -4.1% |
| RKLB Rocket Lab Corp. | 0.39% | 9,513,652 | $455.8M | Reduce -17.1% |
| KVUE Kenvue Inc. | 0.38% | 27,405,346 | $444.8M | Add +174.1% |
| K Kellanova | 0.38% | 5,367,222 | $440.2M | Add +468.5% |
| ROP Roper Technologies Inc. | 0.38% | 879,923 | $438.8M | Add +306.1% |
| SHEL Shell PLC-ADR | 0.38% | 6,126,378 | $438.2M | Add +24.1% |
| COST Costco Wholesale Corp. | 0.37% | 466,702 | $432.0M | Add +268.1% |
| AER Aercap Holdings NV | 0.37% | 3,514,236 | $425.2M | Reduce -18.7% |
| V Visa Inc. Class A | 0.37% | 1,244,430 | $424.8M | Add +36.8% |
| MDB Mongodb Inc. | 0.36% | 1,342,222 | $416.6M | Add +62.6% |
| GE General Electric filed as GE AEROSPACE | 0.35% | 1,350,480 | $406.3M | Reduce -63.9% |
| PG The Procter & Gamble Co. | 0.35% | 2,630,034 | $404.1M | Add +61.3% |
| WFC Wells Fargo & Co. | 0.35% | 4,767,685 | $399.6M | Reduce -15.8% |
| ETHA iShares Ethereum Trust ETF | 0.34% | 12,541,000 | $395.2M | Add +232.4% |
| ABNB Airbnb Inc. Class A | 0.34% | 3,254,191 | $395.1M | Add +1009.1% |
| ICE Intercontinental Exchange Inc. | 0.33% | 2,265,877 | $381.8M | Add +13.5% |
| RGTI Rigetti Computing Inc. | 0.33% | 12,764,516 | $380.3M | New |
| CNC Centene Corp. | 0.33% | 10,629,029 | $379.2M | Add +270.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.33% | 751,172 | $377.6M | Add +9.4% |
| GOOG Alphabet Inc. Class C | 0.33% | 1,544,382 | $376.1M | Reduce -14.4% |
| LLY Eli Lilly & Co. | 0.32% | 488,630 | $372.8M | Reduce -7.5% |
| ZS Zscaler Inc. | 0.32% | 1,236,845 | $370.6M | Reduce -34.3% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.32% | 3,319,000 | $370.0M | New |
| GRAB Grab Holdings Ltd. Class A | 0.32% | 61,139,140 | $368.1M | Add +32.5% |
| WSM Williams-Sonoma Inc. | 0.32% | 1,869,686 | $365.4M | Reduce -5.9% |
| APP AppLovin Corp. Class A | 0.31% | 491,222 | $353.0M | Reduce -73.7% |
| HD Home Depot Inc. | 0.30% | 864,434 | $350.3M | Add +72.1% |
| PGR Progressive Corp. | 0.30% | 1,382,677 | $341.5M | Add +84.3% |
| QBTS D-Wave Quantum Inc. | 0.29% | 13,648,352 | $337.3M | Add +7.5% |
| TRGP Targa Resources Corp. | 0.29% | 2,008,172 | $336.4M | Add +35.3% |
| IONQ Ionq Inc. | 0.29% | 5,448,403 | $335.1M | Add +34.9% |
| OTIS Otis Worldwide Corp. | 0.29% | 3,658,298 | $334.5M | Add +80.9% |
| BA The Boeing Co. | 0.28% | 1,510,739 | $326.1M | Add +98.0% |
| SE Sea Ltd.-ADR | 0.28% | 1,817,407 | $324.8M | Add +33.1% |
| FIVE Five Below | 0.28% | 2,076,318 | $321.2M | Reduce -28.0% |
| LMT Lockheed Martin Corp. | 0.28% | 641,210 | $320.1M | Add +711.2% |
| WELL Welltower Inc. | 0.28% | 1,788,691 | $318.6M | Add +67.4% |
| CRH CRH PLC | 0.27% | 2,601,160 | $311.9M | Add +54.6% |
| MEDP Medpace Holdings Inc. | 0.27% | 600,140 | $308.6M | Add +74.7% |
| LIN Linde PLC | 0.26% | 643,374 | $305.6M | Reduce -10.3% |
| AAL American Airlines Group Inc. | 0.26% | 27,080,978 | $304.4M | Add +961.5% |
| C Citigroup Inc. | 0.25% | 2,899,844 | $294.3M | Add +199.9% |
| MRK Merck & Co. Inc. | 0.25% | 3,467,852 | $291.1M | Reduce -66.5% |
| CHRW C.H. Robinson Worldwide Inc. | 0.25% | 2,166,018 | $286.8M | Add +10.2% |
| TPR Tapestry Inc. | 0.24% | 2,491,786 | $282.1M | Add +139.3% |
| B Barrick Mining Corp. | 0.24% | 8,543,508 | $280.1M | Add +808.9% |
| INTC Intel Corp. | 0.24% | 8,183,028 | $274.5M | Add +15697.4% |
| T AT&T Inc. | 0.23% | 9,235,143 | $260.8M | Add +69.9% |
| ABBV Abbvie Inc. | 0.22% | 1,119,145 | $259.1M | Reduce -27.4% |
| ICLR Icon PLC | 0.22% | 1,477,101 | $258.5M | Reduce -39.3% |
Options reported separately and not counted above: QQQ puts ($3.7B), TSLA puts ($1.3B), NVDA puts ($1.1B), MU puts ($835.6M), NVDA calls ($636.0M), PLTR puts ($599.1M), PLTR calls ($574.3M), TSLA calls ($557.1M), BKNG calls ($496.2M), LLY puts ($478.3M), RDDT calls ($459.3M), UNH puts ($457.6M), and 1375 more.
Other holdings (307): bonds, preferreds, convertibles and warrants · $8.3B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 192,852,000 | $555.5M | Add +53.7% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 141,937,000 | $455.4M | Add +5.4% |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 168,904,000 | $333.8M | Add +28.7% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 165,000,000 | $303.2M | Add +5400.0% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 123,978,000 | $257.5M | Add +5.6% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 3,417,174 | $238.0M | Add +224.8% |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | 53,258,000 | $220.9M | Add +19.0% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 77,987,000 | $188.5M | New |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 65,471,000 | $185.1M | Add +7.4% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 155,225,000 | $172.6M | Add +6.9% |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 1,760,707 | $167.3M | Add +194.7% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 3,115,000 | $155.8M | Add +42.2% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 137,500,000 | $152.8M | Add +243.8% |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 80,180,000 | $151.8M | New |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 106,872,000 | $132.9M | Add +109.5% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | 109,404,000 | $131.1M | Add +994.0% |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 52,635,000 | $128.7M | Add +8.2% |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 149,330,000 | $128.2M | Add +5.7% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 133,296,000 | $124.9M | Add +65.0% |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 1,724,700 | $122.9M | Add +137.2% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 75,189,000 | $114.2M | Add +872.1% |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 46,000,000 | $111.0M | No change |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 108,591,000 | $102.4M | New |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 99,587,000 | $102.3M | No change |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 74,336,000 | $101.7M | Add +410.9% |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 101,792,000 | $99.6M | Add +3.0% |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 44,000,000 | $98.4M | New |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 71,162,000 | $98.0M | Add +42.9% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 93,804,000 | $97.7M | Add +3.3% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 74,954,000 | $96.8M | Add +16.8% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 2,500,000 | $95.9M | Add +1301.3% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 90,500,000 | $86.9M | No change |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 18,359,000 | $83.3M | New |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 85,654,000 | $82.7M | No change |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 87,300,000 | $80.2M | No change |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 62,836,000 | $79.0M | Add +128.5% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 74,081,000 | $74.2M | Add +233.7% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 79,309,000 | $72.2M | Add +44.0% |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 65,660,000 | $70.7M | Add +70.5% |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 68,941,000 | $67.0M | No change |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 64,826,000 | $64.0M | Add +1.0% |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 54,890,000 | $59.1M | Add +369.6% |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 582,299 | $59.0M | Add +180.9% |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 59,840,000 | $57.5M | Add +23.3% |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 52,496,000 | $56.4M | Reduce -18.6% |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | 205,000 | $55.6M | New |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 43,285,000 | $48.9M | Reduce -5.3% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 45,252,000 | $46.2M | Reduce -71.7% |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 45,771,000 | $45.4M | No change |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 48,500,000 | $44.8M | Add +246.4% |
| SPIRIT AEROSYSTEMS INC (SPR 3.25 11/01/28) | NOTE 3.250%11/0 · principal | 26,547,000 | $39.2M | No change |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 38,000,000 | $38.5M | New |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 39,896,000 | $38.0M | No change |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | 31,563,000 | $37.9M | No change |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 747,250 | $37.2M | New |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 704,000 | $36.7M | Reduce -39.0% |
| SUNRUN INC (RUN 4 03/01/30) | NOTE 4.000% 3/0 · principal | 26,500,000 | $35.8M | No change |
| CHEGG INC (CHGG 0 09/01/26) | NOTE 9/0 · principal | 40,255,000 | $35.2M | No change |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 40,468,000 | $35.2M | No change |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 40,733,000 | $35.2M | No change |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 35,403,000 | $34.8M | No change |
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | 24,450,000 | $34.7M | New |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 34,001,000 | $33.4M | No change |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 470,000 | $33.1M | Reduce -9.6% |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 10,500,000 | $33.0M | New |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 31,321,000 | $32.3M | No change |
| TXNM ENERGY INC (TXNM 5.75 06/01/54) | NOTE 5.750% 6/0 · principal | 24,350,000 | $31.9M | No change |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 25,500,000 | $31.4M | Reduce -8.9% |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 27,250,000 | $28.7M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 28,652,000 | $28.4M | Add +29.9% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 31,000,000 | $27.6M | New |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 30,897,000 | $27.1M | Add +461.8% |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | 20,984,000 | $27.0M | Reduce -41.7% |
| MAGNITE INC (MGNI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 27,639,000 | $26.9M | No change |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | 27,009,000 | $26.1M | No change |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 27,902,000 | $26.0M | Add +49.5% |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 28,785,000 | $25.0M | Add +66.9% |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 26,000,000 | $24.9M | New |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 22,976,000 | $23.9M | Reduce -42.5% |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | 21,697,000 | $23.4M | Reduce -66.5% |
| APPLIED OPTOELECTRONICS INC | NOTE 2.750% 1/1 · principal | 23,089,000 | $23.3M | No change |
| Q2 HOLDINGS INC (QTWO 0.125 11/15/25) | NOTE 0.125%11/1 · principal | 23,403,000 | $23.2M | Add +27.2% |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 112,700,000 | $22.7M | No change |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 18,050,000 | $22.0M | New |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | 13,512,000 | $22.0M | Add +12.9% |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 27,181,000 | $21.9M | Reduce -29.4% |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | 20,784,000 | $21.5M | New |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 21,250,000 | $21.3M | Add +608.3% |
| HERTZ CORP/THE (HTZ 8 07/15/29) | NOTE 8.000% 7/1 · principal | 14,954,999 | $20.7M | New |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 20,856,000 | $20.4M | No change |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 11,000,000 | $19.7M | Add +22.2% |
| CIPHER DIGITAL INC (CIFR 1.75 05/15/30) | NOTE 1.750% 5/1 · principal | 6,500,000 | $19.3M | No change |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 343,100 | $19.0M | Add +128.7% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 15,000,000 | $18.9M | New |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | 15,350,000 | $17.9M | Add +48.3% |
| GROUPON INC (GRPN 4.875 06/30/30 UNRS) | NOTE 4.875% 6/3 · principal | 19,074,000 | $17.8M | New |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | 24,540,000 | $17.2M | New |
| KOSMOS ENERGY LTD (KOS 3.125 03/15/30) | NOTE 3.125% 3/1 · principal | 26,485,000 | $17.1M | No change |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 18,165,000 | $16.9M | Add +127.1% |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | 16,524,000 | $16.3M | Add +40.4% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 16,583,000 | $16.0M | Reduce -64.4% |
| CELCUITY INC (CELC 2.75 08/01/31) | NOTE 2.750% 8/0 · principal | 11,250,000 | $15.0M | New |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 15,130,000 | $14.9M | No change |
| AMC GLOBAL MEDIA INC (AMCX 4.25 02/15/29 *) | NOTE 4.250% 2/1 · principal | 15,000,000 | $14.4M | No change |
| MICROCHIP TECHNOLOGY INC (MCHP 1.625 02/15/27) | NOTE 1.625% 2/1 · principal | 7,775,000 | $14.1M | No change |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 14,250,000 | $12.8M | No change |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 8,500,000 | $12.5M | New |
| OMEROS CORP (OMER 9.5 06/15/29) | NOTE 9.500% 6/1 · principal | 13,380,000 | $11.4M | No change |
| CMPOW Composecure Inc. -CW25 | *W EXP 12/27/202 | 843,130 | $10.8M | No change |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | 8,300,000 | $10.7M | New |
| GROUPON INC (GRPN 1.125 03/15/26) | NOTE 1.125% 3/1 · principal | 10,839,000 | $10.6M | No change |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 11,900,000 | $10.2M | No change |
| IRONWOOD PHARMACEUTICALS (IRWD 1.5 06/15/26) | NOTE 1.500% 6/1 · principal | 9,550,000 | $8.6M | No change |
| EVOLENT HEALTH INC | DEBT 4.500% 8/1 · principal | 7,750,000 | $7.8M | New |
| GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | 4,450,000 | $6.8M | Reduce -79.7% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 7,000,000 | $6.3M | Add +180.0% |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | 6,000,000 | $6.1M | No change |
| FASTLY INC (FSLY 0 03/15/26) | NOTE 3/1 · principal | 5,939,000 | $5.8M | No change |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 141,700 | $5.6M | Reduce -41.4% |
| OATLY GROUP AB (OTLY 9.25 09/14/28) | NOTE 9.250% 9/1 · principal | 6,026,484 | $5.5M | No change |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 5,000,000 | $5.4M | Reduce -89.9% |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 5,000,000 | $5.4M | New |
| APELLIS PHARMACEUTICALS (APLS 3.5 09/15/26) | NOTE 3.500% 9/1 · principal | 5,000,000 | $5.2M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 5,000,000 | $4.7M | New |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 4,139,000 | $4.6M | Reduce -63.0% |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | 5,000,000 | $4.2M | No change |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 3,500,000 | $4.0M | New |
| PROS HOLDINGS INC (PRO 2.5 07/01/30) | DEBT 2.500% 7/0 · principal | 3,000,000 | $3.9M | New |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | 1,507,382 | $3.3M | No change |
| ZYNEX INC (ZYXI 5 05/15/26) | NOTE 5.000% 5/1 · principal | 5,000,000 | $3.0M | No change |
| LUMINAR TECHNOLOGIES INC (LAZR 11.5 01/15/30) | DEBT 11.500% 1/1 · principal | 7,500,000 | $2.8M | No change |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | 2,500,000 | $2.5M | No change |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 2,500,000 | $2.4M | Reduce -75.0% |
| OPFI.WS Oppfi Inc. -CW26 | *W EXP 07/20/202 | 1,049,673 | $2.4M | No change |
| TILRAY BRANDS INC (TLRY 5.2 06/15/27) | NOTE 5.200% 6/1 · principal | 2,000,000 | $2.4M | No change |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 1,908,000 | $2.3M | Reduce -97.3% |
| LUMINAR TECHNOLOGIES INC (LAZR 9 01/15/30) | DEBT 9.000% 1/1 · principal | 4,500,000 | $1.6M | No change |
| INFQ.WS Churchill Capital Corp. X | *W EXP 05/14/203 | 371,250 | $1.3M | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 39,904 | $1.0M | No change |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | 267,000 | $977K | No change |
| EOS ENERGY ENTER -CW26 | *W EXP 11/17/202 | 499,827 | $895K | No change |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | 1,562,787 | $831K | No change |
| UNITED HOMES GROUP INC | *W EXP 03/30/202 | 439,789 | $814K | No change |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 14,181 | $669K | Reduce -94.1% |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | 900,000 | $559K | No change |
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | 1,454,895 | $436K | No change |
| RSVRW Reservoir Media-CW26 | *W EXP 08/26/202 | 547,924 | $356K | No change |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 500,000 | $340K | No change |
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | 604,873 | $251K | No change |
| HVIIR Hennessy Capital Investment | RIGHT 01/17/2030 | 850,000 | $230K | No change |
| EVEX.WS Eve Holdng Inc. -CW25 | *W EXP 05/09/202 | 484,473 | $228K | No change |
| RAC.WS Rithm Acquisition Corp. - 30 | *W EXP 99/99/999 | 330,000 | $218K | No change |
| OCSAW Oculis Holding AG -30 | *W EXP 03/06/202 | 35,616 | $214K | No change |
| RUMBW Rumble Inc.-CW28 | *W EXP 09/16/202 | 106,572 | $212K | No change |
| GTENW Gores Holdings X Inc.-31 | *W EXP 05/02/203 | 225,000 | $196K | No change |
| PL.WS Planet Labs PBC -CW26 | *W EXP 12/06/202 | 52,798 | $188K | No change |
| GSRTR GSR III Acquisition Corp. | RIGHT 99/99/9999 | 21,428 | $182K | No change |
| SESCW Ivanhoe Capital Class A -CW27 | *W EXP 12/10/202 | 988,099 | $178K | No change |
| RANGR Range Capital Acquisition Co. | RIGHT 99/99/9999 | 375,000 | $176K | No change |
| HPAIW Helport AI Ltd. -29 | *W EXP 03/31/202 | 847,500 | $173K | No change |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 675,425 | $162K | No change |
| PMTRW Perimeter Acquis Corp. I -30 | *W EXP 05/13/203 | 250,000 | $160K | No change |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | 375,000 | $154K | No change |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | 725,000 | $145K | No change |
| CHENGHE ACQUISITION II CO | *W EXP 05/30/203 | 87,500 | $142K | New |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 175,000 | $140K | No change |
| NAMMW Namib Minerals | *W EXP 06/05/203 | 990,000 | $139K | No change |
| USA RARE EARTH INC | *W EXP 03/13/203 | 17,800 | $126K | No change |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | 200,000 | $120K | No change |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | 87,883 | $114K | No change |
| TVAIR Thayer Ventures Acquisition | RIGHT 05/15/2030 | 625,000 | $113K | No change |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 575,000 | $108K | No change |
| ATIIW Archimedes Tech-30 | *W EXP 10/15/202 | 287,500 | $108K | No change |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 166,366 | $105K | No change |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | 150,000 | $98K | No change |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 349,000 | $95K | No change |
| BGLWW Blue Gold Ltd. | *W EXP 04/01/203 | 199,999 | $92K | No change |
| VNMEW Vendome Acquisition Corp. I | *W EXP 07/03/202 | 450,000 | $90K | New |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 175,766 | $88K | No change |
| PAII.WS Pyrophyte Acquisition Corp. I | *W EXP 07/30/203 | 250,000 | $88K | New |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 | 125,000 | $87K | No change |
| IROHR Iron Horse Acquisitions Righ | RIGHT 99/99/9999 | 119,035 | $87K | No change |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | 557,746 | $86K | No change |
| AEVAW Interprivate Acquisiti -CW24 | *W EXP 03/12/202 | 294,000 | $85K | No change |
| HOLLEY INC | *W EXP 11/30/202 | 732,036 | $80K | No change |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | 44,211 | $80K | No change |
| HDRNW GIGCAPITAL7 Corp.-A - 29 | *W EXP 08/29/202 | 175,000 | $79K | No change |
| PCAPW Procap Acq Corp. A -30 | *W EXP 05/16/203 | 116,666 | $78K | No change |
| DRDBW Roman DBDR Acquisition -30 | *W EXP 10/31/203 | 150,000 | $77K | No change |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | 450,000 | $72K | No change |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | 250,000 | $68K | No change |
| EVAC.WS Eqv Ventures Acquisition Cor | *W EXP 06/30/203 | 272,133 | $65K | New |
| PGACR Pantages Capital Acquis-RT | RIGHT 11/15/2029 | 325,000 | $65K | No change |
| FUFUW Bitfufu Inc.-28 | *W EXP 03/01/202 | 150,000 | $61K | No change |
| NOEMR CO2 Energy Transition Co.-RTS | RIGHT 10/15/2028 | 280,000 | $55K | No change |
| DAVEW Dave Inc. -CW27 | *W EXP 01/05/202 | 49,200 | $54K | No change |
| PELIR Pelican Acquisition Corp.-RTS | RIGHT 05/02/2030 | 200,000 | $54K | No change |
| PGYWW Pagaya Technologies Ltd. -27 | *W EXP 99/99/999 | 107,225 | $54K | No change |
| MRNOW Murano Global BV-28 | *W EXP 03/19/202 | 375,000 | $53K | No change |
| WGSWW Genedx Holdings Corp. | *W EXP 07/22/202 | 467,197 | $51K | No change |
Largest 200 of 307 shown.
Total filed on the 13F, all lines: $123.9B.
Portfolio Sells Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -44.1% | 1.92% | −1.99 |
| AAPL Apple Inc. | Reduce -50.0% | 1.28% | −1.25 |
| XLF SS Financial Select Sector | Reduce -95.3% | 0.03% | −0.84 |
| GE General Electric | Reduce -63.9% | 0.35% | −0.67 |
| MRK Merck & Co. Inc. | Reduce -66.5% | 0.25% | −0.62 |
| HES Hess Corp. | Sold out | 0.00% | −0.56 |
| INTU Intuit Inc. | Reduce -71.9% | 0.14% | −0.55 |
| TMO Thermo Fisher Scientific Inc. | Reduce -95.1% | 0.03% | −0.54 |
| NFLX Netflix Inc. | Reduce -17.5% | 0.81% | −0.54 |
| CVNA Carvana Co. | Reduce -51.9% | 0.40% | −0.52 |
| MA Mastercard Inc. Class A | Reduce -73.5% | 0.14% | −0.50 |
| DLTR Dollar Tree Inc. | Reduce -86.7% | 0.05% | −0.40 |
| APP AppLovin Corp. Class A | Reduce -73.7% | 0.31% | −0.39 |
| RBRK Rubrik Inc. Class A | Reduce -74.7% | 0.08% | −0.33 |
| BABA Alibaba Group Holding-SP ADR | Reduce -68.1% | 0.22% | −0.32 |
| ZS Zscaler Inc. | Reduce -34.3% | 0.32% | −0.31 |
| TMUS T-Mobile US Inc. | Reduce -12.9% | 0.72% | −0.29 |
| AMZN Amazon.com Inc. | Reduce -16.7% | 0.62% | −0.29 |
| JNJ Johnson & Johnson | Reduce -59.8% | 0.18% | −0.28 |
| APH Amphenol Corp. Class A | Reduce -54.1% | 0.22% | −0.25 |
| EQIX Equinix Inc. | Reduce -55.9% | 0.13% | −0.25 |
| CI The Cigna Group | Reduce -59.0% | 0.10% | −0.24 |
| BKNG Booking Holdings Inc. | Reduce -4.6% | 0.62% | −0.24 |
| BROS Dutch Bros Inc. Class A | Reduce -59.8% | 0.08% | −0.23 |
| SMR Nuscale Power Corp. | Reduce -69.5% | 0.06% | −0.21 |
| BDX Becton Dickinson and Co. | Reduce -86.9% | 0.03% | −0.20 |
| ACHR Archer Aviation Inc. Class A | Reduce -94.6% | 0.01% | −0.19 |
| GLW Corning Inc. | Reduce -94.1% | 0.02% | −0.19 |
| SHAK Shake Shack Inc. Class A | Reduce -93.8% | 0.01% | −0.18 |
| TDG Transdigm Group Inc. | Sold out | 0.00% | −0.18 |
| AER Aercap Holdings NV | Reduce -18.7% | 0.37% | −0.17 |
| BRBR Bellring Brands Inc. | Reduce -21.8% | 0.11% | −0.17 |
| DHR Danaher Corp. | Reduce -50.1% | 0.11% | −0.16 |
| AMGN Amgen Inc. | Reduce -79.4% | 0.03% | −0.15 |
| ASTS Ast Spacemobile Inc. | Reduce -44.1% | 0.14% | −0.15 |
| ICLR Icon PLC | Reduce -39.3% | 0.22% | −0.15 |
| MOS The Mosaic Co. | Reduce -39.2% | 0.14% | −0.15 |
| SEZL Sezzle Inc. | Reduce -75.7% | 0.01% | −0.14 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -50.7% | 0.10% | −0.14 |
| SYK Stryker Corp. | Reduce -71.9% | 0.04% | −0.14 |
| WFC Wells Fargo & Co. | Reduce -15.8% | 0.35% | −0.14 |
| MDT Medtronic PLC | Reduce -56.1% | 0.09% | −0.14 |
| URBN Urban Outfitters Inc. | Reduce -58.7% | 0.07% | −0.13 |
| LYFT LYFT Inc. Class A | Reduce -79.4% | 0.04% | −0.13 |
| ADSK Autodesk Inc. | Reduce -95.9% | 0.00% | −0.13 |
| MSI Motorola Solutions Inc. | Reduce -75.6% | 0.04% | −0.13 |
| CHWY Chewy Inc. Class A | Reduce -96.3% | 0.00% | −0.13 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -87.8% | 0.02% | −0.13 |
| BIIB Biogen Inc. | Reduce -65.0% | 0.06% | −0.12 |
| FIVE Five Below | Reduce -28.0% | 0.28% | −0.12 |
Portfolio Buys Q2 2025 → Q3 2025
| MSFT Microsoft Corp. | Add +100.8% | 3.32% | +1.37 |
| AVGO Broadcom Inc. | Add +156.6% | 1.62% | +0.97 |
| WDC Western Digital Corp. | Add +231.1% | 1.00% | +0.80 |
| BE Bloom Energy Corp. Class A | Add +97.7% | 0.86% | +0.71 |
| NVDA Nvidia Corp. | Add +25.6% | 4.12% | +0.71 |
| META Meta Platforms Inc. Class A | Add +144.2% | 1.24% | +0.61 |
| ADBE Adobe Inc. | Add +367.5% | 0.69% | +0.49 |
| SCHW Schwab (charles) Corp. | Add +399.5% | 0.63% | +0.48 |
| IREN Iren Ltd. | New | 0.43% | +0.43 |
| ISRG Intuitive Surgical Inc. | Add +220.1% | 0.78% | +0.42 |
| BAC Bank of America Corp. | Add +148.6% | 0.74% | +0.40 |
| VCIT Vanguard Int-Term Corporate | Add +131.1% | 0.75% | +0.36 |
| HOOD Robinhood Markets Inc. Class A | Add +134.7% | 0.52% | +0.34 |
| TJX TJX Companies Inc. | Add +133.2% | 0.62% | +0.34 |
| HON Honeywell International Inc. | Add +305.5% | 0.52% | +0.34 |
| MU Micron Technology Inc. | Add +22.8% | 1.31% | +0.34 |
| INSM Insmed Inc. | Add +65.3% | 0.70% | +0.34 |
| RGTI Rigetti Computing Inc. | New | 0.33% | +0.33 |
| PLTR Palantir Technologies Inc. Class A | Add +18.4% | 1.46% | +0.33 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 0.32% | +0.32 |
| CRM Salesforce Inc. | Add +216.2% | 0.55% | +0.30 |
| K Kellanova | Add +468.5% | 0.38% | +0.30 |
| ABNB Airbnb Inc. Class A | Add +1009.1% | 0.34% | +0.30 |
| FISV Fiserv Inc. | Add +172.9% | 0.76% | +0.30 |
| TSM Taiwan Semiconductor-SP ADR | Add +234.8% | 0.41% | +0.28 |
| ETHA iShares Ethereum Trust ETF | Add +232.4% | 0.34% | +0.27 |
| ROP Roper Technologies Inc. | Add +306.1% | 0.38% | +0.25 |
| FICO Fair Isaac Corp. | Add +219.0% | 0.46% | +0.24 |
| COST Costco Wholesale Corp. | Add +268.1% | 0.37% | +0.24 |
| LMT Lockheed Martin Corp. | Add +711.2% | 0.28% | +0.24 |
| ALAB Astera Labs Inc. | Add +25.4% | 0.43% | +0.24 |
| INTC Intel Corp. | Add +15697.4% | 0.24% | +0.24 |
| SOFI Sofi Technologies Inc. | Add +19.8% | 0.80% | +0.23 |
| AAL American Airlines Group Inc. | Add +961.5% | 0.26% | +0.23 |
| B Barrick Mining Corp. | Add +808.9% | 0.24% | +0.22 |
| GDDY GoDaddy Inc. Class A | New | 0.22% | +0.22 |
| APLD Applied Digital Corp. | New | 0.22% | +0.22 |
| SAP Sap SE-Sponsored ADR | New | 0.21% | +0.21 |
| ACN Accenture PLC Class A | Add +3590.7% | 0.22% | +0.21 |
| WMT Walmart Inc. | Add +106.2% | 0.48% | +0.21 |
| VRSK Verisk Analytics Inc. | Add +196.4% | 0.42% | +0.20 |
| ROST Ross Stores Inc. | Add +69.5% | 0.51% | +0.20 |
| GOOGL Alphabet Inc. Class A | Add +26.3% | 0.67% | +0.20 |
| GM General Motors Co. | Add +54.9% | 0.51% | +0.18 |
| TSLA Tesla Inc. | Add +31.7% | 0.53% | +0.18 |
| MDB Mongodb Inc. | Add +62.6% | 0.36% | +0.18 |
| MRSH Marsh & McLennan Cos | Add +113.9% | 0.45% | +0.17 |
| C Citigroup Inc. | Add +199.9% | 0.25% | +0.17 |
| CNC Centene Corp. | Add +270.2% | 0.33% | +0.16 |
| KVUE Kenvue Inc. | Add +174.1% | 0.38% | +0.16 |
Options Activity Q2 2025 → Q3 2025
| QQQ Invesco QQQ Trust Series 1 | put | New | 6,240,000 | $3.7B |
| TSLA Tesla Inc. | put | Add +14.4% | 2,914,600 | $1.3B |
| NVDA Nvidia Corp. | put | Add +4.7% | 5,827,900 | $1.1B |
| MU Micron Technology Inc. | put | Add +5.9% | 4,993,900 | $835.6M |
| NVDA Nvidia Corp. | call | Reduce -40.7% | 3,408,600 | $636.0M |
| PLTR Palantir Technologies Inc. Class A | put | Reduce -2.7% | 3,284,200 | $599.1M |
| IWM iShares Russell 2000 ETF | put | Sold out | 2,675,000 | $577.2Mbefore exit |
| PLTR Palantir Technologies Inc. Class A | call | Reduce -10.5% | 3,148,000 | $574.3M |
| TSLA Tesla Inc. | call | Add +28.2% | 1,252,600 | $557.1M |
| BKNG Booking Holdings Inc. | call | Reduce -0.1% | 91,900 | $496.2M |
| LLY Eli Lilly & Co. | put | Add +59.7% | 626,900 | $478.3M |
| RDDT Reddit Inc. Class A | call | Add +52.2% | 1,996,900 | $459.3M |
| UNH Unitedhealth Group Inc. | put | Add +471.0% | 1,325,200 | $457.6M |
| META Meta Platforms Inc. Class A | put | Add +2.3% | 619,900 | $455.2M |
| HOOD Robinhood Markets Inc. Class A | call | Add +27.8% | 3,117,500 | $446.4M |
| PDD PDD Holdings Inc. | put | Add +58.3% | 3,367,600 | $445.1M |
| BA The Boeing Co. | put | Add +38.2% | 2,015,700 | $435.0M |
| AMD Advanced Micro Devices | put | Reduce -37.9% | 2,630,700 | $425.6M |
| CRWD CrowdStrike Holdings Inc. Class A | put | Reduce -3.6% | 856,200 | $419.9M |
| AMD Advanced Micro Devices | call | Add +39.2% | 2,498,200 | $404.2M |
| AVGO Broadcom Inc. | put | Reduce -19.9% | 1,213,300 | $400.3M |
| NET Cloudflare Inc. Class A | call | Add +11.6% | 1,769,900 | $379.8M |
| AMZN Amazon.com Inc. | put | Add +2.9% | 1,720,900 | $377.9M |
| META Meta Platforms Inc. Class A | call | Add +27.4% | 513,900 | $377.4M |
| JPM JPMorgan Chase & Co. | call | Reduce -14.2% | 1,185,200 | $373.8M |
| COIN Coinbase Global Inc. Class A | call | New | 1,064,700 | $359.3M |
| MRVL Marvell Technology Inc. | put | Add +62.7% | 4,211,600 | $354.1M |
| TD Toronto-Dominion Bank | put | Add +30.8% | 4,248,500 | $339.6M |
| NFLX Netflix Inc. | call | Reduce -24.8% | 273,600 | $328.0M |
| SMCI Super Micro Computer Inc. | call | Add +6.0% | 6,716,900 | $322.0M |
| AAPL Apple Inc. | call | Reduce -45.0% | 1,227,900 | $312.7M |
| BRK.B Berkshire Hathaway Inc. Class B | call | Add +23.7% | 598,200 | $300.7M |
| GOOGL Alphabet Inc. Class A | put | Reduce -34.1% | 1,231,100 | $299.3M |
| COST Costco Wholesale Corp. | call | Add +52.8% | 320,400 | $296.6M |
| PDD PDD Holdings Inc. | call | Reduce -23.0% | 2,227,600 | $294.4M |
| RDDT Reddit Inc. Class A | put | Reduce -22.3% | 1,240,800 | $285.4M |
| GS Goldman Sachs Group Inc. | call | Add +1.1% | 355,100 | $282.8M |
| MSFT Microsoft Corp. | call | Add +9.1% | 539,400 | $279.4M |
| BA The Boeing Co. | call | Reduce -15.6% | 1,270,900 | $274.3M |
| NET Cloudflare Inc. Class A | put | Reduce -1.8% | 1,191,400 | $255.7M |
| CRWD CrowdStrike Holdings Inc. Class A | call | Add +8.0% | 518,000 | $254.0M |
| XOM Exxon Mobil Corp. | call | Add +119.1% | 2,219,800 | $250.3M |
| CRM Salesforce Inc. | put | Add +138.8% | 1,043,900 | $247.4M |
| MU Micron Technology Inc. | call | Reduce -39.0% | 1,478,100 | $247.3M |
| SNOW Snowflake Inc. | put | Add +15.3% | 1,058,600 | $238.8M |
| LLY Eli Lilly & Co. | call | Add +45.1% | 312,800 | $238.7M |
| MSTR Strategy Inc. | call | Add +639.7% | 739,700 | $238.3M |
| GS Goldman Sachs Group Inc. | put | Add +58.2% | 296,700 | $236.3M |
| NFLX Netflix Inc. | put | Add +62.8% | 191,100 | $229.1M |
| UBER Uber Technologies Inc. | call | Add +34.6% | 2,297,600 | $225.1M |
Showing the first 50 of 1,354.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Add +53.7% | 192,852,000 | $555.5M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Add +5.4% | 141,937,000 | $455.4M |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | Sold out | 102,199,000 | $400.8Mbefore exit |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Add +28.7% | 168,904,000 | $333.8M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Add +5400.0% | 165,000,000 | $303.2M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Add +5.6% | 123,978,000 | $257.5M |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | Sold out | 112,571,000 | $238.7Mbefore exit |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +224.8% | 3,417,174 | $238.0M |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | Add +19.0% | 53,258,000 | $220.9M |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | Sold out | 29,974,000 | $188.9Mbefore exit |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | New | 77,987,000 | $188.5M |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Add +7.4% | 65,471,000 | $185.1M |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Add +6.9% | 155,225,000 | $172.6M |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | Add +194.7% | 1,760,707 | $167.3M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Sold out | 105,200,000 | $161.6Mbefore exit |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Add +42.2% | 3,115,000 | $155.8M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Add +243.8% | 137,500,000 | $152.8M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | New | 80,180,000 | $151.8M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Add +109.5% | 106,872,000 | $132.9M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | Add +994.0% | 109,404,000 | $131.1M |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | Add +8.2% | 52,635,000 | $128.7M |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | Add +5.7% | 149,330,000 | $128.2M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Add +65.0% | 133,296,000 | $124.9M |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | Add +137.2% | 1,724,700 | $122.9M |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Add +872.1% | 75,189,000 | $114.2M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Sold out | 2,802,775 | $111.5Mbefore exit |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | New | 108,591,000 | $102.4M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +410.9% | 74,336,000 | $101.7M |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | Add +3.0% | 101,792,000 | $99.6M |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | New | 44,000,000 | $98.4M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Add +42.9% | 71,162,000 | $98.0M |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Add +3.3% | 93,804,000 | $97.7M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Add +16.8% | 74,954,000 | $96.8M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Add +1301.3% | 2,500,000 | $95.9M |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | Sold out | 34,545,000 | $83.5Mbefore exit |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | New | 18,359,000 | $83.3M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Add +128.5% | 62,836,000 | $79.0M |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | Sold out | 78,093,000 | $77.5Mbefore exit |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | Add +233.7% | 74,081,000 | $74.2M |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | Add +44.0% | 79,309,000 | $72.2M |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | Add +70.5% | 65,660,000 | $70.7M |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | Add +1.0% | 64,826,000 | $64.0M |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | Add +369.6% | 54,890,000 | $59.1M |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | Add +180.9% | 582,299 | $59.0M |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | Add +23.3% | 59,840,000 | $57.5M |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | Reduce -18.6% | 52,496,000 | $56.4M |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | New | 205,000 | $55.6M |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | Reduce -5.3% | 43,285,000 | $48.9M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Reduce -71.7% | 45,252,000 | $46.2M |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | Add +246.4% | 48,500,000 | $44.8M |
Showing the first 50 of 125.
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 |