DLD Asset Management, LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), DLD Asset Management, LP reported 102 stock positions worth $206.7 million. Its top holding was Welltower (WELL) at 6.5% of the portfolio, followed by Marti Technologies (MRT, 6.1%) and Spotify USA Inc. (spot 0 03/15/26) (4.9%). Compared with Q1 2025, it opened 69 new positions, sold out of 25, added to 12 and reduced 16. The biggest buy was a new position in Welltower (WELL) and the biggest sale Ares Acquisition Corp. II (shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001578299
- Portfolio Value
- $206.7M (Q2 2025)
- SEC Filing
- 0001085146-25-005005 ↗ filed Aug 13, 2025
Holdings Value
Holdings 102 stocks · $206.7M
| WELL Welltower Inc. | 6.54% | 87,950 | $13.5M | New |
| MRT Marti Technologies Inc. | 6.14% | 4,186,184 | $12.7M | Add +16.7% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | 4.90% | 13,210 | $10.1M | New |
| NETD Nabors Energy Transition C-A | 4.36% | 812,271 | $9.0M | New |
| GWRE Guidewire Software Inc. | 3.50% | 30,700 | $7.2M | New |
| ITOS Iteos Therapeutics Inc. | 2.78% | 576,655 | $5.7M | New |
| ITRI Itron Inc. | 2.69% | 42,300 | $5.6M | New |
| ARES ACQUISITION CORP II | 2.64% | 480,798 | $5.4M | Reduce -25.0% |
| IMSR Terrestrial Energy Inc. filed as HCM II ACQUISITION CORP | 2.52% | 468,825 | $5.2M | Add +104.2% |
| CCIX Churchill Capital Corp. Ix | 2.18% | 429,222 | $4.5M | Add +163.8% |
| DDOG Datadog Inc. Class A | 1.98% | 30,500 | $4.1M | Add +119.4% |
| TXNM TXNM Energy Inc. | 1.92% | 70,595 | $4.0M | New |
| EXAS Exact Sciences Corp. | 1.85% | 71,900 | $3.8M | Reduce -8.4% |
| CCIR Cohen Circle Acquisitio Class A | 1.83% | 345,391 | $3.8M | Add +229.7% |
| CRAQU Cal Redwood Acquisition Corp. | 1.49% | 300,000 | $3.1M | New |
| ATII Archimedes Tech Spac Partner | 1.48% | 300,000 | $3.1M | Add +100.0% |
| CHAC Crane Harbor Acqu Corp. Class A | 1.46% | 300,000 | $3.0M | New |
| PPTA Perpetua Resources Corp. | 1.41% | 240,000 | $2.9M | Add +140.0% |
| THRD Third Harmonic Bio Inc. | 1.32% | 503,841 | $2.7M | New |
| WENNU Wen Acquisition Corp. | 1.28% | 250,006 | $2.6M | New |
| NTWO Newbury Street II Ac Class A | 1.24% | 250,000 | $2.6M | New |
| RAC Rithm Acquisition Corp. Class A | 1.23% | 250,000 | $2.5M | Reduce -28.6% |
| CCCXU Churchill Capital Corp. X | 1.15% | 230,000 | $2.4M | New |
| TACOU Berto Acquisition Corp. | 1.13% | 218,755 | $2.3M | New |
| RANG Range Capital Acquisition Co. | 1.11% | 225,000 | $2.3M | No change |
| HACK Amplify Cybersecurity ETF | 1.10% | 30,000 | $2.3M | New |
| CGCTU Cartesian Growth Corp. III | 1.06% | 216,836 | $2.2M | New |
| HAYMAKER ACQUISITION CORP 4 | 1.06% | 197,220 | $2.2M | New |
| FTW Eqv Ventures Acquisition C-A | 1.03% | 203,266 | $2.1M | Reduce -41.9% |
| PMTRU Perimeter Acquisition Corp. I | 1.02% | 199,150 | $2.1M | New |
| NPACU New Providence Acquisition C | 1.01% | 200,000 | $2.1M | New |
| XRPNU Armada Acquisition Corp. II | 0.99% | 200,000 | $2.0M | New |
| KFII K&F Growth Acquisition Cor-A | 0.98% | 200,000 | $2.0M | Reduce -42.9% |
| KCHVU Kochav Defense Acquisition C | 0.98% | 200,000 | $2.0M | New |
| NHIC Newhold Investment Cor III-A | 0.98% | 200,000 | $2.0M | Reduce -33.3% |
| FERA Fifth Era Acquisition Corp. Class A | 0.98% | 200,000 | $2.0M | Reduce -33.3% |
| OYSEU Oyster Enterprises II Acquis | 0.98% | 200,000 | $2.0M | New |
| AXINU Axiom Intelligence Acquisiti | 0.98% | 200,000 | $2.0M | New |
| IPCXU Inflection Point Acquisition | 0.98% | 191,900 | $2.0M | New |
| SOUL Soulpower Acquisition Co. Class A | 0.97% | 200,000 | $2.0M | New |
| TDAC Translational Development Ac | 0.97% | 194,853 | $2.0M | No change |
| DMAA Drugs Made in America Acquis | 0.93% | 188,722 | $1.9M | Reduce -46.1% |
| BLUWU Blue Water Acquisition III filed as BLUE WTR ACQUISITION CORP. I | 0.92% | 190,000 | $1.9M | New |
| ZK Zeekr Intelligent Techno-ADR | 0.87% | 70,824 | $1.8M | New |
| MLAC Mountain Lake Acquisition-A | 0.87% | 175,000 | $1.8M | Reduce -46.1% |
| LLY Eli Lilly & Co. | 0.80% | 2,116 | $1.6M | New |
| DRDB Roman DBDR Acquisition Corp. | 0.75% | 150,000 | $1.5M | Reduce -40.0% |
| BEAG Bold Eagle Acquisition Cor-A | 0.74% | 146,022 | $1.5M | Reduce -12.3% |
| FG MERGER II CORP | 0.72% | 150,000 | $1.5M | New |
| K Kellanova | 0.71% | 18,395 | $1.5M | New |
| RDAGU Republic Digital Acquisition | 0.65% | 125,000 | $1.3M | New |
| JNPR Juniper Networks Inc. | 0.64% | 33,365 | $1.3M | Reduce -50.6% |
| SBXDF Silverbox Corp. IV-A | 0.64% | 120,000 | $1.3M | Add +20.0% |
| CEPT Cantor Equity Partners Class A | 0.63% | 117,702 | $1.3M | New |
| GSHR Gesher Acquisition Corp. II-A | 0.61% | 125,000 | $1.3M | Reduce -44.4% |
| PCAPU Procap Acquisition Corp. | 0.61% | 117,612 | $1.3M | New |
| ONEN One Nuclear Energy Inc. filed as HENNESSY CAP INVT CORP VII | 0.55% | 111,702 | $1.1M | New |
| OACC Oaktree Acquisition Corp. I-A | 0.51% | 100,000 | $1.0M | Reduce -71.4% |
| RAAQU Real Asset Acquisition Corp. | 0.50% | 99,668 | $1.0M | New |
| WLAC Willow Lane Acquisition Class A | 0.49% | 100,000 | $1.0M | No change |
| DYNC Dynamix Corp. | 0.49% | 100,000 | $1.0M | Reduce -60.0% |
| CAEP Cantor Equity Partners III-A | 0.49% | 95,744 | $1.0M | New |
| LWACU Lightwave Acquisition Corp. | 0.49% | 100,000 | $1.0M | New |
| BACCU Blue Acquisition Corp. | 0.49% | 100,000 | $1.0M | New |
| TVAIU Thayer Ventures Acquisition | 0.49% | 98,730 | $1.0M | New |
| OBAWU Oxley Bridge Acquisition Ltd. | 0.48% | 100,000 | $1.0M | New |
| PACHU Pioneer Acquisition I Corp. | 0.48% | 99,999 | $1.0M | New |
| GDOT Green Dot Corp. Class A | 0.47% | 90,000 | $970K | Add +38.5% |
| FRNM Freenome Inc. filed as PERCEPTIVE CAP SOLUTIONS COR | 0.46% | 89,100 | $946K | No change |
| CEPO Cantor Equity Partners I-A | 0.45% | 77,610 | $924K | New |
| SRDX Surmodics Inc. | 0.43% | 29,881 | $888K | Reduce -37.6% |
| GILD Gilead Sciences Inc. | 0.37% | 6,808 | $755K | New |
| DMYY DMY Squared Technology GR-A | 0.32% | 50,702 | $659K | New |
| VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP | 0.29% | 53,400 | $603K | New |
| SDHIU Siddhi Acquisition Corp. | 0.28% | 56,000 | $577K | New |
| EPIX Essa Pharma Inc. | 0.26% | 314,968 | $535K | Add +71.5% |
| ANSS Ansys Inc. | 0.25% | 1,500 | $527K | Add +92.3% |
| RTACU Renatus Tactical Acquisition | 0.25% | 39,900 | $508K | New |
| DAAQU Digital Asset Acquisition Co. | 0.24% | 46,902 | $507K | New |
| TONT Graf Global Corp. Class A | 0.24% | 48,223 | $504K | No change |
| TLT iShares 20+ Year Treasury BD | 0.23% | 5,359 | $473K | New |
| ULTA Ulta Beauty Inc. | 0.21% | 944 | $442K | New |
| AACB Artius II Acquisition Inc. Class A | 0.20% | 40,894 | $414K | New |
| TMQ Trilogy Metals Inc. | 0.20% | 300,000 | $405K | Add +20.0% |
| MCGAU Yorkville Acquisition Corp. | 0.19% | 35,200 | $396K | New |
| AKRO Akero Therapeutics Inc. | 0.18% | 7,107 | $379K | New |
| OSG Octave Specialty Group Inc. filed as AMBAC FINL GROUP INC | 0.17% | 50,000 | $355K | New |
| GSRT GSR III Acquisition Corp. | 0.16% | 30,000 | $324K | New |
| AMGN Amgen Inc. | 0.15% | 1,134 | $317K | New |
| FIGXU Figx Capital Acquisition Cor | 0.15% | 30,353 | $304K | New |
| ETNB 89BIO Inc. | 0.14% | 30,020 | $295K | New |
| DG Dollar General Corp. | 0.14% | 2,448 | $280K | New |
| MOS The Mosaic Co. | 0.13% | 7,430 | $271K | New |
| KO The Coca-Cola Co. | 0.12% | 3,618 | $256K | New |
| INTU Intuit Inc. | 0.12% | 309 | $243K | New |
| UBER Uber Technologies Inc. | 0.11% | 2,509 | $234K | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.11% | 16,105 | $221K | New |
| TERN Terns Pharmaceuticals Inc. | 0.07% | 37,047 | $138K | New |
| FLD Fold Holdings Inc. filed as FOLD HLDGS INC | 0.05% | 24,070 | $102K | New |
| ALT Altimmune Inc. | 0.04% | 22,600 | $87K | New |
| NAMM Namib Minerals | 0.04% | 11,550 | $87K | New |
| CMPS Compass Pathways PLC | 0.01% | 10,500 | $29K | New |
Options reported separately and not counted above: LEU puts ($50.6M), SPY puts ($46.8M), CBRL puts ($31.0M), MARA puts ($25.1M), RIVN puts ($18.0M), GES puts ($14.0M), BAC puts ($11.8M), BABA puts ($11.4M), BTG puts ($11.4M), GEO calls ($10.5M), AMCX puts ($7.6M), RIG puts ($7.5M), and 123 more.
Other holdings (24): bonds, preferreds, convertibles and warrants · $637.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 47,500,000 | $85.6M | New |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 43,000,000 | $51.5M | Add +31.5% |
| VARONIS SYSTEM INC (VRNS 1.25 08/15/25) | NOTE 1.250% 8/1 · principal | 27,500,000 | $45.6M | No change |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 40,000,000 | $38.1M | Add +15.9% |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 34,500,000 | $37.1M | Reduce -5.5% |
| SPIRIT AEROSYSTEMS INC (SPR 3.25 11/01/28) | NOTE 3.250%11/0 · principal | 25,000,000 | $36.8M | No change |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 36,500,000 | $36.0M | New |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | 30,000,000 | $32.2M | No change |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 28,500,000 | $28.4M | Reduce -3.4% |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 20,000,000 | $26.3M | New |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 25,000,000 | $26.3M | Add +42.9% |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 10,000,000 | $25.6M | New |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 15,000,000 | $22.4M | Reduce -14.3% |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | 33,500,000 | $20.1M | Add +11.7% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 20,000,000 | $19.0M | Add +60.0% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 20,000,000 | $18.1M | Add +33.3% |
| CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) | NOTE 0.625% 6/1 · principal | 15,790,000 | $15.3M | Reduce -62.9% |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | 12,000,000 | $15.0M | New |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 12,500,000 | $14.3M | New |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 9,750,000 | $12.1M | Reduce -56.7% |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | 8,500,000 | $10.2M | New |
| AMC GLOBAL MEDIA INC (AMCX 4.25 02/15/29 *) | NOTE 4.250% 2/1 · principal | 11,500,000 | $9.7M | New |
| SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) | NOTE 3.500%12/0 · principal | 6,500,000 | $9.2M | New |
| BLACKBERRY LTD (BBCN 3 02/15/29) | NOTE 3.000% 2/1 · principal | 2,000,000 | $2.8M | New |
Total filed on the 13F, all lines: $844.4M.
Portfolio Sells Q1 2025 → Q2 2025
| ARES ACQUISITION CORP II | Reduce -25.0% | 2.64% | −3.54 |
| HES Hess Corp. | Sold out | 0.00% | −2.80 |
| ALE Allete Inc. | Sold out | 0.00% | −2.78 |
| JACS Jackson Acquisition Co. Class A | Sold out | 0.00% | −2.61 |
| OACC Oaktree Acquisition Corp. I-A | Reduce -71.4% | 0.51% | −2.58 |
| DMAA Drugs Made in America Acquis | Reduce -46.1% | 0.93% | −2.10 |
| KFII K&F Growth Acquisition Cor-A | Reduce -42.9% | 0.98% | −2.02 |
| FTW Eqv Ventures Acquisition C-A | Reduce -41.9% | 1.03% | −2.02 |
| IRTC Irhythm Holdings Inc. | Sold out | 0.00% | −1.98 |
| MLAC Mountain Lake Acquisition-A | Reduce -46.1% | 0.87% | −1.95 |
| BSII Black Spade Acquisition II C | Sold out | 0.00% | −1.88 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −1.84 |
| RAC Rithm Acquisition Corp. Class A | Reduce -28.6% | 1.23% | −1.82 |
| DYNC Dynamix Corp. | Reduce -60.0% | 0.49% | −1.65 |
| DFS Discover Financial Services | Sold out | 0.00% | −1.64 |
| FERA Fifth Era Acquisition Corp. Class A | Reduce -33.3% | 0.98% | −1.63 |
| NHIC Newhold Investment Cor III-A | Reduce -33.3% | 0.98% | −1.62 |
| JNPR Juniper Networks Inc. | Reduce -50.6% | 0.64% | −1.47 |
| DRDB Roman DBDR Acquisition Corp. | Reduce -40.0% | 0.75% | −1.42 |
| GLACF Global Lights Acquisition Co. | Sold out | 0.00% | −1.40 |
| FYBR Frontier Communications Pare | Sold out | 0.00% | −1.34 |
| GSHR Gesher Acquisition Corp. II-A | Reduce -44.4% | 0.61% | −1.33 |
| SLB SLB Ltd. | Sold out | 0.00% | −1.32 |
| COOP Mr Cooper Group Inc. | Sold out | 0.00% | −1.29 |
| NOEM CO2 Energy Transition Corp. | Sold out | 0.00% | −1.20 |
| COLOMBIER ACQUISITION CORP | Sold out | 0.00% | −1.18 |
| SARO Standardaero Inc. | Sold out | 0.00% | −1.15 |
| EXAS Exact Sciences Corp. | Reduce -8.4% | 1.85% | −1.08 |
| MRLN Merlin Inc. | Sold out | 0.00% | −1.08 |
| EQC Equity Commonwealth | Sold out | 0.00% | −0.90 |
| FACT Fact II Acquisition Corp. | Sold out | 0.00% | −0.86 |
| SRDX Surmodics Inc. | Reduce -37.6% | 0.43% | −0.83 |
| FG F&G Annuities & Life Inc. | Sold out | 0.00% | −0.78 |
| BEAG Bold Eagle Acquisition Cor-A | Reduce -12.3% | 0.74% | −0.72 |
| UYSCU Uy Scuti Acquisition Corp. | Sold out | 0.00% | −0.69 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.61 |
| CONTEXTLOGIC INC - A | Sold out | 0.00% | −0.60 |
| TH Target Hospitality Corp. | Sold out | 0.00% | −0.58 |
| APPS Digital Turbine Inc. | Sold out | 0.00% | −0.23 |
| UAMY United States Antimony Corp. | Sold out | 0.00% | −0.19 |
| ALLK Allakos LLC | Sold out | 0.00% | −0.09 |
Portfolio Buys Q1 2025 → Q2 2025
| WELL Welltower Inc. | New | 6.54% | +6.54 |
| SPOTIFY USA INC (SPOT 0 03/15/26) | New | 4.90% | +4.90 |
| NETD Nabors Energy Transition C-A | New | 4.36% | +4.36 |
| GWRE Guidewire Software Inc. | New | 3.50% | +3.50 |
| ITOS Iteos Therapeutics Inc. | New | 2.78% | +2.78 |
| ITRI Itron Inc. | New | 2.69% | +2.69 |
| TXNM TXNM Energy Inc. | New | 1.92% | +1.92 |
| CRAQU Cal Redwood Acquisition Corp. | New | 1.49% | +1.49 |
| CHAC Crane Harbor Acqu Corp. Class A | New | 1.46% | +1.46 |
| THRD Third Harmonic Bio Inc. | New | 1.32% | +1.32 |
| WENNU Wen Acquisition Corp. | New | 1.28% | +1.28 |
| NTWO Newbury Street II Ac Class A | New | 1.24% | +1.24 |
| CCCXU Churchill Capital Corp. X | New | 1.15% | +1.15 |
| TACOU Berto Acquisition Corp. | New | 1.13% | +1.13 |
| HACK Amplify Cybersecurity ETF | New | 1.10% | +1.10 |
| CGCTU Cartesian Growth Corp. III | New | 1.06% | +1.06 |
| HAYMAKER ACQUISITION CORP 4 | New | 1.06% | +1.06 |
| PMTRU Perimeter Acquisition Corp. I | New | 1.02% | +1.02 |
| NPACU New Providence Acquisition C | New | 1.01% | +1.01 |
| XRPNU Armada Acquisition Corp. II | New | 0.99% | +0.99 |
| KCHVU Kochav Defense Acquisition C | New | 0.98% | +0.98 |
| OYSEU Oyster Enterprises II Acquis | New | 0.98% | +0.98 |
| AXINU Axiom Intelligence Acquisiti | New | 0.98% | +0.98 |
| IPCXU Inflection Point Acquisition | New | 0.98% | +0.98 |
| SOUL Soulpower Acquisition Co. Class A | New | 0.97% | +0.97 |
| BLUWU Blue Water Acquisition III | New | 0.92% | +0.92 |
| ZK Zeekr Intelligent Techno-ADR | New | 0.87% | +0.87 |
| CCIR Cohen Circle Acquisitio Class A | Add +229.7% | 1.83% | +0.82 |
| LLY Eli Lilly & Co. | New | 0.80% | +0.80 |
| DDOG Datadog Inc. Class A | Add +119.4% | 1.98% | +0.79 |
| FG MERGER II CORP | New | 0.72% | +0.72 |
| K Kellanova | New | 0.71% | +0.71 |
| CCIX Churchill Capital Corp. Ix | Add +163.8% | 2.18% | +0.67 |
| RDAGU Republic Digital Acquisition | New | 0.65% | +0.65 |
| CEPT Cantor Equity Partners Class A | New | 0.63% | +0.63 |
| PCAPU Procap Acquisition Corp. | New | 0.61% | +0.61 |
| ONEN One Nuclear Energy Inc. | New | 0.55% | +0.55 |
| RAAQU Real Asset Acquisition Corp. | New | 0.50% | +0.50 |
| CAEP Cantor Equity Partners III-A | New | 0.49% | +0.49 |
| PPTA Perpetua Resources Corp. | Add +140.0% | 1.41% | +0.49 |
| LWACU Lightwave Acquisition Corp. | New | 0.49% | +0.49 |
| BACCU Blue Acquisition Corp. | New | 0.49% | +0.49 |
| TVAIU Thayer Ventures Acquisition | New | 0.49% | +0.49 |
| OBAWU Oxley Bridge Acquisition Ltd. | New | 0.48% | +0.48 |
| PACHU Pioneer Acquisition I Corp. | New | 0.48% | +0.48 |
| CEPO Cantor Equity Partners I-A | New | 0.45% | +0.45 |
| IMSR Terrestrial Energy Inc. | Add +104.2% | 2.52% | +0.43 |
| GILD Gilead Sciences Inc. | New | 0.37% | +0.37 |
| DMYY DMY Squared Technology GR-A | New | 0.32% | +0.32 |
| VLOS Velos Acquisition I Corp. | New | 0.29% | +0.29 |
Options Activity Q1 2025 → Q2 2025
| LEU Centrus Energy Corp. Class A | put | Add +68.1% | 277,300 | $50.6M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -89.2% | 75,800 | $46.8M |
| CBRL Cracker Barrel Old Country | put | Add +53.8% | 507,500 | $31.0M |
| MARA Mara Holdings Inc. | put | Add +52.6% | 1,602,500 | $25.1M |
| RIVN Rivian Automotive Inc. Class A | put | Reduce -50.5% | 1,310,500 | $18.0M |
| GES Guess? Inc. | put | Add +3.0% | 1,158,500 | $14.0M |
| BAC Bank of America Corp. | put | New | 250,000 | $11.8M |
| BABA Alibaba Group Holding-SP ADR | put | New | 100,000 | $11.4M |
| BTG B2GOLD Corp. | put | Add +26.5% | 3,163,500 | $11.4M |
| GEO The Geo Group Inc. | call | Add +67.4% | 438,500 | $10.5M |
| AMCX AMC Global Media Inc. | put | Add +41.1% | 1,202,500 | $7.6M |
| RIG Transocean Ltd. | put | Add +45.3% | 2,905,000 | $7.5M |
| PGY Pagaya Technologies Ltd. Class A | put | Reduce -64.5% | 307,500 | $6.6M |
| SMCI Super Micro Computer Inc. | put | New | 125,000 | $6.1M |
| TFX Teleflex Inc. | call | New | 50,200 | $5.9M |
| NTGR Netgear Inc. | call | Reduce -23.9% | 203,400 | $5.9M |
| NBIS Nebius Group NV | put | New | 105,000 | $5.8M |
| DBX Dropbox Inc. Class A | put | Reduce -32.3% | 203,000 | $5.8M |
| OPRA Opera Ltd.-ADR | call | Sold out | 320,500 | $5.1Mbefore exit |
| CSWC Capital Southwest Corp. | put | Sold out | 222,800 | $5.0Mbefore exit |
| GME Gamestop Corp. Class A | put | New | 200,000 | $4.9M |
| SPHR Sphere Entertainment Co. | put | Add +9.3% | 112,000 | $4.7M |
| XRX Xerox Holdings Corp. | put | Reduce -28.7% | 827,500 | $4.4M |
| UTHR United Therapeutics Corp. | call | New | 13,400 | $3.9M |
| FLNC Fluence Energy Inc. | put | Reduce -67.8% | 555,000 | $3.7M |
| CONTEXTLOGIC INC - A | call | Sold out | 520,900 | $3.6Mbefore exit |
| BTDR Bitdeer Technologies Group-A | put | Reduce -43.3% | 313,500 | $3.6M |
| AMGN Amgen Inc. | put | New | 12,800 | $3.6M |
| AMGN Amgen Inc. | call | New | 12,700 | $3.5M |
| XRX Xerox Holdings Corp. | call | Add +103.3% | 610,000 | $3.2M |
| GILD Gilead Sciences Inc. | put | New | 24,800 | $2.7M |
| LW Lamb Weston Holdings Inc. | call | Sold out | 50,000 | $2.7Mbefore exit |
| HNRG Hallador Energy Co. | call | Reduce -39.6% | 165,500 | $2.6M |
| FTAI Ftai Aviation Ltd. | call | Sold out | 21,000 | $2.3Mbefore exit |
| BILI Bilibili Inc.-Sponsored ADR | put | New | 100,000 | $2.1M |
| CLMT Calumet Inc. | call | Add +159.4% | 130,200 | $2.1M |
| EXAS Exact Sciences Corp. | put | New | 38,500 | $2.0M |
| PENG Penguin Solutions Inc. | put | Sold out | 102,500 | $1.8Mbefore exit |
| SPR Spirit Aerosystems Hold Class A | put | New | 45,500 | $1.7M |
| VREX Varex Imaging Corp. | put | Reduce -33.3% | 200,100 | $1.7M |
| FIP Ftai Infrastructure Inc. | call | Add +38.4% | 223,000 | $1.4M |
| JPM JPMorgan Chase & Co. | call | New | 4,600 | $1.3M |
| AUR Aurora Innovation Inc. | call | New | 253,000 | $1.3M |
| JPM JPMorgan Chase & Co. | put | New | 3,600 | $1.0M |
| PPTA Perpetua Resources Corp. | call | New | 75,500 | $917K |
| NVO Novo-Nordisk A/S-Spons ADR | put | New | 13,000 | $897K |
| IBM Intl Business Machines Corp. | call | New | 3,000 | $884K |
| MDXG Mimedx Group Inc. | call | Sold out | 110,000 | $837Kbefore exit |
| IBM Intl Business Machines Corp. | put | New | 2,700 | $795K |
| RIG Transocean Ltd. | call | New | 302,500 | $782K |
Showing the first 50 of 156.
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
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | New | 47,500,000 | $85.6M |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | Add +31.5% | 43,000,000 | $51.5M |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | Add +15.9% | 40,000,000 | $38.1M |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | Reduce -5.5% | 34,500,000 | $37.1M |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | New | 36,500,000 | $36.0M |
| INFINERA CORP (INFN 2.5 03/01/27) | NOTE 2.500% 3/0 · principal | Sold out | 28,750,000 | $34.5Mbefore exit |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Sold out | 27,500,000 | $30.9Mbefore exit |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Sold out | 25,000,000 | $29.4Mbefore exit |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | Reduce -3.4% | 28,500,000 | $28.4M |
| VAREX IMAGING CORPORATIO (VREX 4 06/01/25) | NOTE 4.000% 6/0 · principal | Sold out | 28,000,000 | $28.2Mbefore exit |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | New | 20,000,000 | $26.3M |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | Add +42.9% | 25,000,000 | $26.3M |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | New | 10,000,000 | $25.6M |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | Reduce -14.3% | 15,000,000 | $22.4M |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | Add +11.7% | 33,500,000 | $20.1M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Add +60.0% | 20,000,000 | $19.0M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Add +33.3% | 20,000,000 | $18.1M |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | Sold out | 17,500,000 | $17.7Mbefore exit |
| CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) | NOTE 0.625% 6/1 · principal | Reduce -62.9% | 15,790,000 | $15.3M |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | New | 12,000,000 | $15.0M |
| TANDEM DIABETES CARE INC (TNDM 1.5 05/01/25) | NOTE 1.500% 5/0 · principal | Sold out | 14,700,000 | $14.7Mbefore exit |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | New | 12,500,000 | $14.3M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Sold out | 9,250,000 | $12.9Mbefore exit |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Reduce -56.7% | 9,750,000 | $12.1M |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | New | 8,500,000 | $10.2M |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Sold out | 10,000,000 | $9.9Mbefore exit |
| AMC GLOBAL MEDIA INC (AMCX 4.25 02/15/29 *) | NOTE 4.250% 2/1 · principal | New | 11,500,000 | $9.7M |
| SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) | NOTE 3.500%12/0 · principal | New | 6,500,000 | $9.2M |
| BLACKBERRY LTD (BBCN 3 02/15/29) | NOTE 3.000% 2/1 · principal | New | 2,000,000 | $2.8M |
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 | 222 | $366.9M | AMKR, AUR, MRT, NSC, DYNC |
| Q1 2026 | 197 | $331.3M | MRT, MDLN, SARO, DBCA, CEPT |
| Q4 2025 | 173 | $289.4M | MRT, WELL, ELME, MTSI, ASTS |
| Q3 2025Amended | 136 | $238.3M | MRT, WELL, ITRI, ELME, NETD |
| Q2 2025Amended | 102 | $206.7M | WELL, MRT, SPOTIFY USA INC (SPOT 0 03/15/26), NETD, GWRE |
| Q1 2025Amended | 58 | $115.9M | MRT, ARES ACQUISITION CORP II, OACC, FTW, RAC.U |
| Q4 2024 | 31 | $76.8M | MRT, KDP, MIDD, FYBR, ALE |
| Q3 2024 | 15 | $39.1M | MIDD, IRTC, K, ALE, HES |
| Q2 2024 | 34 | $49.5M | MIDD, ZS, IRTC, ALNY, MRO |
| Q1 2024 | 25 | $39.6M | BUD, MCHP, Z, HES, TYL |