FNY Investment Advisers, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 16, 2026), FNY Investment Advisers, LLC reported 802 stock positions worth $347.3 million. Its top holding was Cidara Therapeutics (CDTX) at 9.3% of the portfolio, followed by Bank of Montreal (BMO, 3.9%) and Unitedhealth (UNH, 3.1%). Compared with Q3 2025, it opened 285 new positions, sold out of 589, added to 185 and reduced 218. The biggest buy was a new position in Cidara Therapeutics (CDTX) and the biggest sale an exit from Verona Pharma (VRNA).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001742998
- Portfolio Value
- $347.3M (Q4 2025)
- SEC Filing
- 0001742998-26-000001 ↗ filed Jan 16, 2026
Holdings Value
Holdings 802 stocks · $347.3M
| CDTX Cidara Therapeutics Inc. | 9.26% | 145,533 | $32.1M | New |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 3.89% | 104,200 | $13.5M | New |
| UNH Unitedhealth Group Inc. | 3.08% | 32,375 | $10.7M | Add +106.6% |
| SILJ Amplify Junior Silver Miners | 3.07% | 385,100 | $10.7M | New |
| COPX Global X Copper Miners ETF | 2.78% | 134,300 | $9.6M | New |
| MPWR Monolithic Power Systems Inc. | 2.74% | 10,500 | $9.5M | New |
| MS Morgan Stanley | 2.17% | 42,400 | $7.5M | Add +679.8% |
| CDRO Codere Online Luxembourg SA | 1.97% | 851,178 | $6.8M | Add +26.9% |
| NVDA Nvidia Corp. | 1.82% | 33,880 | $6.3M | Reduce -17.7% |
| GDX Vaneck Gold Miners ETF | 1.60% | 64,820 | $5.6M | New |
| PM Philip Morris International | 1.27% | 27,400 | $4.4M | Add +13265.9% |
| MRLN Merlin Inc. filed as INFLECTION POINT ACQUISITION | 1.19% | 383,975 | $4.1M | New |
| DE Deere & Co. | 1.15% | 8,600 | $4.0M | New |
| FCRS.U Futurecrest Acquisition Corp. | 1.11% | 377,173 | $3.9M | Add +45.6% |
| NSC Norfolk Southern Corp. | 1.08% | 13,000 | $3.8M | Add +12900.0% |
| RNAM Avidity Biosciences Inc. | 1.06% | 50,976 | $3.7M | Add +571.3% |
| KVUE Kenvue Inc. | 1.04% | 209,659 | $3.6M | Add +39.1% |
| CPPTL Copper Property CTL Pass THR | 0.99% | 305,960 | $3.4M | Reduce -18.4% |
| INFQ Infleqtion Inc. filed as CHURCHILL CAP CORP X | 0.95% | 212,081 | $3.3M | Reduce -8.4% |
| WLAC Willow Lane Acquisition Class A | 0.91% | 250,782 | $3.2M | Add +30.0% |
| PNFP Pinnacle Financial Partners | 0.86% | 31,332 | $3.0M | New |
| EXAS Exact Sciences Corp. | 0.83% | 28,500 | $2.9M | New |
| AZN Astrazeneca PLC | 0.79% | 200 | $2.8M | No change |
| CSCO Cisco Systems Inc. | 0.74% | 33,200 | $2.6M | Add +24311.8% |
| AMZN Amazon.com Inc. | 0.72% | 10,906 | $2.5M | Add +83.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.72% | 8,210 | $2.5M | Reduce -13.8% |
| BA The Boeing Co. | 0.70% | 11,253 | $2.4M | Reduce -2.6% |
| ALL Allstate Corp. | 0.68% | 11,300 | $2.4M | Add +707.1% |
| ECHO Echostar Corp. Class A | 0.66% | 21,040 | $2.3M | Add +572.2% |
| ZIM Zim Integrated Shipping Serv | 0.65% | 105,860 | $2.2M | Reduce -18.4% |
| GNSS Genasys Inc. | 0.64% | 1,034,245 | $2.2M | Add +11.0% |
| CEPT Cantor Equity Partners Class A | 0.63% | 193,852 | $2.2M | Add +518.7% |
| CYBR Cyberark Software Ltd./Israel | 0.63% | 4,891 | $2.2M | No change |
| NUE Nucor Corp. | 0.57% | 12,200 | $2.0M | New |
| GOOGL Alphabet Inc. Class A | 0.57% | 6,322 | $2.0M | Add +40.1% |
| PCAP Procap Acquisition Corp. Class A | 0.54% | 186,430 | $1.9M | Add +0.1% |
| AVGO Broadcom Inc. | 0.54% | 5,413 | $1.9M | Add +12.4% |
| VTR Ventas Inc. | 0.54% | 24,200 | $1.9M | New |
| KMB Kimberly-Clark Corp. | 0.52% | 17,758 | $1.8M | New |
| DAY Dayforce Inc. | 0.51% | 25,400 | $1.8M | New |
| CRM Salesforce Inc. | 0.49% | 6,460 | $1.7M | Add +330.7% |
| BMY Bristol-Myers Squibb Co. | 0.49% | 31,500 | $1.7M | Add +1162.0% |
| HON Honeywell International Inc. | 0.49% | 8,700 | $1.7M | Add +325.0% |
| VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP | 0.49% | 159,700 | $1.7M | Add +0.8% |
| LASR Nlight Inc. | 0.48% | 44,108 | $1.7M | Add +5.5% |
| GDXJ Vaneck Junior Gold Miners | 0.47% | 14,500 | $1.6M | Add +90525.0% |
| DYNC Dynamix Corp. | 0.46% | 156,712 | $1.6M | Add +28.9% |
| UDOW Proshares Ultrapro DOW30 | 0.45% | 26,700 | $1.5M | New |
| UMAC Unusual Machines Inc. | 0.44% | 120,001 | $1.5M | Add +293.4% |
| PYPL PayPal Holdings Inc. | 0.43% | 25,500 | $1.5M | New |
| LLY Eli Lilly & Co. | 0.43% | 1,378 | $1.5M | Add +1.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.42% | 1,356 | $1.4M | Reduce -45.8% |
| MDY State Street SPDR S&P Midcap | 0.42% | 2,400 | $1.4M | New |
| SPSM SS SPDR P S&P 600 Small Cap | 0.40% | 30,000 | $1.4M | New |
| USAR USA Rare Earth Inc. | 0.40% | 115,553 | $1.4M | Add +1164.0% |
| PGR Progressive Corp. | 0.39% | 6,000 | $1.4M | New |
| VALE Vale SA-SP ADR | 0.38% | 102,500 | $1.3M | Add +1407.3% |
| FLUT Flutter Entertainment PLC-Di | 0.38% | 6,200 | $1.3M | New |
| WBD Warner Bros Discovery Inc. | 0.38% | 45,991 | $1.3M | Add +128.4% |
| FCRS Futurecrest Acquisition Class A | 0.38% | 130,988 | $1.3M | New |
| FTAI Ftai Aviation Ltd. | 0.38% | 6,720 | $1.3M | New |
| OCSL Oaktree Specialty Lending Co. | 0.38% | 102,600 | $1.3M | New |
| SNPS Synopsys Inc. | 0.37% | 2,712 | $1.3M | Add +56.6% |
| C Citigroup Inc. | 0.36% | 10,750 | $1.3M | Add +6.3% |
| CORZ Core Scientific Inc. | 0.36% | 86,040 | $1.3M | New |
| CIO City Office REIT Inc. | 0.36% | 178,829 | $1.3M | New |
| BIDU Baidu Inc. - Spon ADR | 0.36% | 9,545 | $1.2M | Add +21.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.36% | 10,928 | $1.2M | Add +1879.7% |
| ENVX Enovix Corp. | 0.36% | 169,503 | $1.2M | Add +12.2% |
| META Meta Platforms Inc. Class A | 0.35% | 1,829 | $1.2M | Reduce -11.7% |
| AEXA American Exceptionalism Class A | 0.35% | 105,500 | $1.2M | Add +31.9% |
| BP BP PLC-Spons ADR | 0.34% | 34,500 | $1.2M | New |
| NVDY Yieldmax Nvda Option Inc. ETF | 0.34% | 81,300 | $1.2M | Add +3287.5% |
| CEPO Cantor Equity Partners I-A | 0.33% | 110,600 | $1.2M | Add +8.5% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.32% | 19,167 | $1.1M | Add +2.1% |
| TLT iShares 20+ Year Treasury BD | 0.31% | 12,380 | $1.1M | Reduce -75.2% |
| DHR Danaher Corp. | 0.31% | 4,700 | $1.1M | New |
| MRK Merck & Co. Inc. | 0.31% | 10,200 | $1.1M | New |
| XLV SS Health Care Select Sector | 0.31% | 6,886 | $1.1M | Reduce -49.5% |
| AUR Aurora Innovation Inc. | 0.30% | 275,093 | $1.1M | Add +40.0% |
| TSLY Yieldmax Tsla Option Inc. ETF | 0.30% | 27,640 | $1.0M | Add +4506.7% |
| GE General Electric filed as GE AEROSPACE | 0.30% | 3,360 | $1.0M | Reduce -31.5% |
| UWMC Uwm Holdings Corp. | 0.30% | 235,000 | $1.0M | New |
| BACC Blue Acquisition Corp. Class A | 0.29% | 99,325 | $1.0M | New |
| STX Seagate Technology Ulc | 0.29% | 3,672 | $1.0M | Reduce -68.9% |
| DPZ Domino's Pizza Inc. | 0.29% | 2,400 | $1.0M | New |
| METC Ramaco Resources Inc. Class A | 0.29% | 55,146 | $992K | Add +134.9% |
| MSOS Advisorshares Pure US Cann | 0.28% | 208,146 | $982K | Add +11.6% |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.27% | 65,990 | $940K | Reduce -84.6% |
| WRBY Warby Parker Inc. Class A | 0.26% | 41,326 | $900K | New |
| NTES Netease Inc.-ADR | 0.26% | 6,500 | $894K | New |
| NIO Nio Inc. - ADR | 0.26% | 175,000 | $892K | New |
| ENPH Enphase Energy Inc. | 0.25% | 27,582 | $884K | Add +3944.3% |
| ASTS Ast Spacemobile Inc. | 0.25% | 12,044 | $874K | Reduce -50.0% |
| MDT Medtronic PLC | 0.25% | 9,000 | $864K | Add +3149.1% |
| SGMT Sagimet Biosciences Inc. Class A | 0.24% | 142,881 | $845K | Add +29.1% |
| CEG Constellation Energy | 0.24% | 2,366 | $835K | Reduce -58.2% |
| CAH Cardinal Health Inc. | 0.24% | 4,000 | $822K | New |
| OKTA Okta Inc. | 0.24% | 9,500 | $821K | Add +3.5% |
| SVIIF Spring Valley Acquisition-A | 0.23% | 68,344 | $811K | Reduce -52.3% |
Options reported separately and not counted above: TSLA calls ($693K), HON calls ($149K), EA calls ($137K), SPY puts ($62K), NFLX calls ($48K), TSLA puts ($47K), AMD calls ($44K), AGNC calls ($42K), TLT calls ($39K), SILJ puts ($38K), COPX puts ($35K), IWM puts ($35K), and 162 more.
Other holdings (15): bonds, preferreds, convertibles and warrants · $5.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| FANNIE MAE (FNMA F PERP O) | COM | 122,237 | $3.3M | Add +1.2% |
| FANNIE MAE (FNMA 6.75 PERP Q) | COM | 45,071 | $597K | Add +0.5% |
| MAIDEN HOLDING LTD (MHLD 6.625 06/14/46) | COM | 27,348 | $355K | Add +11.9% |
| FREDDIE MAC (FMCC 5.81 PERP) | COM | 11,316 | $263K | No change |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 492,917 | $259K | Reduce -8.4% |
| CITY OFFICE REIT (CIO 6.625 PERP A) | COM | 6,180 | $156K | New |
| PAASF Pan American Silver Corp.-CVR | COM | 104,010 | $51K | Reduce -0.2% |
| FANNIE MAE (FNMA F PERP P) | COM | 1,700 | $22K | Add +240.0% |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 | 9,000 | $13K | Reduce -10.0% |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | 20,000 | $6K | New |
| FREDDIE MAC (FMCC 5.57 PERP V) | COM | 299 | $3K | New |
| GOLDMAN SACHS GROUP INC (GS F PERP A) | COM | 200 | $3K | New |
| SIGNATURE BANK NEW YORK (SBNY 5 PERP a) | PFD | 200 | $1K | No change |
| UWM HOLDINGS CORPORATION | *W EXP 01/21/202 | 1,800 | $0 | No change |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 200 | $0 | New |
Total filed on the 13F, all lines: $352.3M.
Portfolio Sells Q3 2025 → Q4 2025
| VRNA Verona Pharma Ltd. | Sold out | 0.00% | −5.21 |
| SBSW Sibanye-Stillwater Ltd.-ADR | Reduce -84.6% | 0.27% | −1.32 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −1.28 |
| TLT iShares 20+ Year Treasury BD | Reduce -75.2% | 0.31% | −1.16 |
| SGML Sigma Lithium Corp. | Reduce -97.0% | 0.05% | −0.84 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.81 |
| NEM Newmont Corp. | Sold out | 0.00% | −0.79 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.74 |
| NVDA Nvidia Corp. | Reduce -17.7% | 1.82% | −0.71 |
| GS Goldman Sachs Group Inc. | Reduce -99.8% | 0.00% | −0.66 |
| SPR Spirit Aerosystems Hold Class A | Sold out | 0.00% | −0.64 |
| STX Seagate Technology Ulc | Reduce -68.9% | 0.29% | −0.63 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.63 |
| ALE Allete Inc. | Sold out | 0.00% | −0.62 |
| NUGT Dirxn DLY GM Indx B2X ETF-Ui | Sold out | 0.00% | −0.61 |
| UBER Uber Technologies Inc. | Reduce -84.6% | 0.07% | −0.59 |
| WYNN WYNN Resorts Ltd. | Sold out | 0.00% | −0.57 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.57 |
| LOGI Logitech International-Reg | Sold out | 0.00% | −0.55 |
| SHCO Soho House & Co. Inc. | Sold out | 0.00% | −0.54 |
| CPPTL Copper Property CTL Pass THR | Reduce -18.4% | 0.99% | −0.54 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.54 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −0.54 |
| TSLA Tesla Inc. | Reduce -96.5% | 0.02% | −0.53 |
| DUOL Duolingo | Sold out | 0.00% | −0.53 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.52 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.52 |
| SNOW Snowflake Inc. | Reduce -98.7% | 0.01% | −0.51 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −0.50 |
| TER Teradyne Inc. | Reduce -96.4% | 0.02% | −0.50 |
| BILI Bilibili Inc.-Sponsored ADR | Sold out | 0.00% | −0.48 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.47 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.47 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.46 |
| K Kellanova | Sold out | 0.00% | −0.46 |
| FIX Comfort Systems USA Inc. | Sold out | 0.00% | −0.46 |
| SOC Sable Offshore Corp. | Reduce -75.2% | 0.06% | −0.45 |
| FSLR First Solar Inc. | Reduce -99.3% | 0.00% | −0.45 |
| CLS Celestica Inc. | Sold out | 0.00% | −0.45 |
| TNA Dir Dai SML Ca Bul 3X Et-Usd | Sold out | 0.00% | −0.45 |
| STEX Streamex Corp. | Reduce -95.8% | 0.01% | −0.45 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −0.45 |
| LRCX Lam Research Corp. | Reduce -99.1% | 0.00% | −0.43 |
| BTI British American Tob-SP ADR | Reduce -65.3% | 0.20% | −0.42 |
| TLN Talen Energy Corp. | Sold out | 0.00% | −0.42 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -45.8% | 0.42% | −0.38 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.38 |
| CEG Constellation Energy | Reduce -58.2% | 0.24% | −0.37 |
| W Wayfair Inc. Class A | Sold out | 0.00% | −0.37 |
| VTV Vanguard Mrngstr Val ETF-Aui | Sold out | 0.00% | −0.37 |
Portfolio Buys Q3 2025 → Q4 2025
| CDTX Cidara Therapeutics Inc. | New | 9.26% | +9.26 |
| BMO Bank of Montreal | New | 3.89% | +3.89 |
| SILJ Amplify Junior Silver Miners | New | 3.07% | +3.07 |
| COPX Global X Copper Miners ETF | New | 2.78% | +2.78 |
| MPWR Monolithic Power Systems Inc. | New | 2.74% | +2.74 |
| MS Morgan Stanley | Add +679.8% | 2.17% | +1.88 |
| GDX Vaneck Gold Miners ETF | New | 1.60% | +1.60 |
| UNH Unitedhealth Group Inc. | Add +106.6% | 3.08% | +1.29 |
| PM Philip Morris International | Add +13265.9% | 1.27% | +1.25 |
| MRLN Merlin Inc. | New | 1.19% | +1.19 |
| DE Deere & Co. | New | 1.15% | +1.15 |
| NSC Norfolk Southern Corp. | Add +12900.0% | 1.08% | +1.07 |
| RNAM Avidity Biosciences Inc. | Add +571.3% | 1.06% | +0.95 |
| PNFP Pinnacle Financial Partners | New | 0.86% | +0.86 |
| EXAS Exact Sciences Corp. | New | 0.83% | +0.83 |
| CSCO Cisco Systems Inc. | Add +24311.8% | 0.74% | +0.73 |
| ECHO Echostar Corp. Class A | Add +572.2% | 0.66% | +0.58 |
| ALL Allstate Corp. | Add +707.1% | 0.68% | +0.58 |
| NUE Nucor Corp. | New | 0.57% | +0.57 |
| VTR Ventas Inc. | New | 0.54% | +0.54 |
| CEPT Cantor Equity Partners Class A | Add +518.7% | 0.63% | +0.52 |
| KMB Kimberly-Clark Corp. | New | 0.52% | +0.52 |
| DAY Dayforce Inc. | New | 0.51% | +0.51 |
| GDXJ Vaneck Junior Gold Miners | Add +90525.0% | 0.47% | +0.47 |
| BMY Bristol-Myers Squibb Co. | Add +1162.0% | 0.49% | +0.45 |
| UDOW Proshares Ultrapro DOW30 | New | 0.45% | +0.45 |
| CDRO Codere Online Luxembourg SA | Add +26.9% | 1.97% | +0.44 |
| PYPL PayPal Holdings Inc. | New | 0.43% | +0.43 |
| MDY State Street SPDR S&P Midcap | New | 0.42% | +0.42 |
| SPSM SS SPDR P S&P 600 Small Cap | New | 0.40% | +0.40 |
| PGR Progressive Corp. | New | 0.39% | +0.39 |
| FLUT Flutter Entertainment PLC-Di | New | 0.38% | +0.38 |
| FCRS Futurecrest Acquisition Class A | New | 0.38% | +0.38 |
| FTAI Ftai Aviation Ltd. | New | 0.38% | +0.38 |
| OCSL Oaktree Specialty Lending Co. | New | 0.38% | +0.38 |
| CRM Salesforce Inc. | Add +330.7% | 0.49% | +0.38 |
| CORZ Core Scientific Inc. | New | 0.36% | +0.36 |
| VALE Vale SA-SP ADR | Add +1407.3% | 0.38% | +0.36 |
| CIO City Office REIT Inc. | New | 0.36% | +0.36 |
| HON Honeywell International Inc. | Add +325.0% | 0.49% | +0.35 |
| BP BP PLC-Spons ADR | New | 0.34% | +0.34 |
| USAR USA Rare Earth Inc. | Add +1164.0% | 0.40% | +0.34 |
| DIS The Walt Disney Co. | Add +1879.7% | 0.36% | +0.34 |
| NVDY Yieldmax Nvda Option Inc. ETF | Add +3287.5% | 0.34% | +0.33 |
| DHR Danaher Corp. | New | 0.31% | +0.31 |
| MRK Merck & Co. Inc. | New | 0.31% | +0.31 |
| UWMC Uwm Holdings Corp. | New | 0.30% | +0.30 |
| AMZN Amazon.com Inc. | Add +83.6% | 0.72% | +0.29 |
| BACC Blue Acquisition Corp. Class A | New | 0.29% | +0.29 |
| TSLY Yieldmax Tsla Option Inc. ETF | Add +4506.7% | 0.30% | +0.29 |
Options Activity Q3 2025 → Q4 2025
| TSLA Tesla Inc. | call | Add +334.1% | 1,541 | $693K |
| HON Honeywell International Inc. | call | New | 764 | $149K |
| EA Electronic Arts Inc. | call | New | 673 | $137K |
| XLV SS Health Care Select Sector | call | Sold out | 637 | $88Kbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -37.4% | 92 | $62K |
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 102 | $61Kbefore exit |
| NFLX Netflix Inc. | call | New | 520 | $48K |
| TSLA Tesla Inc. | put | New | 105 | $47K |
| AMD Advanced Micro Devices | call | Add +75.0% | 210 | $44K |
| KVUE Kenvue Inc. | call | Sold out | 2,592 | $42Kbefore exit |
| TLT iShares 20+ Year Treasury BD | call | New | 450 | $39K |
| SILJ Amplify Junior Silver Miners | put | Add +993.8% | 1,400 | $38K |
| IWM iShares Russell 2000 ETF | put | Reduce -68.0% | 145 | $35K |
| COPX Global X Copper Miners ETF | put | Add +234.0% | 501 | $35K |
| PLTR Palantir Technologies Inc. Class A | put | Sold out | 190 | $34Kbefore exit |
| BABA Alibaba Group Holding-SP ADR | call | New | 215 | $31K |
| JEF Jefferies Financial Group Inc. | put | Add +790.6% | 472 | $29K |
| ENPH Enphase Energy Inc. | call | Add +5150.0% | 735 | $23K |
| DBRG Digitalbridge Group Inc. | call | New | 1,445 | $22K |
| PGR Progressive Corp. | put | New | 101 | $22K |
| CRWV Coreweave Inc. Class A | call | Add +1025.0% | 315 | $22K |
| NVO Novo-Nordisk A/S-Spons ADR | call | New | 430 | $21K |
| ECHO Echostar Corp. Class A | call | Add +81.8% | 200 | $21K |
| APP AppLovin Corp. Class A | put | Add +328.6% | 30 | $20K |
| BABA Alibaba Group Holding-SP ADR | put | Sold out | 100 | $17Kbefore exit |
| RKT Rocket Cos Inc. Class A | put | Sold out | 870 | $16Kbefore exit |
| ARKK ARK Innovation ETF | put | Add +31.3% | 210 | $16K |
| AAPL Apple Inc. | put | Sold out | 62 | $15Kbefore exit |
| AVGO Broadcom Inc. | call | New | 45 | $15K |
| HOOD Robinhood Markets Inc. Class A | put | Sold out | 110 | $15Kbefore exit |
| ENVX Enovix Corp. | call | Reduce -23.3% | 1,971 | $14K |
| ASTL Algoma Steel Group Inc. | call | New | 3,350 | $13K |
| APP AppLovin Corp. Class A | call | New | 20 | $13K |
| EEM iShares MSCI Emerging Market | put | Sold out | 250 | $13Kbefore exit |
| STX Seagate Technology Ulc | put | Add +276.9% | 49 | $13K |
| NVDA Nvidia Corp. | put | Add +66.7% | 75 | $13K |
| IGV iShares Expanded Tech-Softwa | put | Sold out | 109 | $12Kbefore exit |
| NKE Nike Inc. Class B | call | New | 193 | $12K |
| WBD Warner Bros Discovery Inc. | call | Sold out | 636 | $12Kbefore exit |
| SBUX Starbucks Corp. | call | Add +68.5% | 150 | $12K |
| MO Altria Group Inc. | put | Sold out | 171 | $11Kbefore exit |
| BCE Bce Inc. | call | Sold out | 508 | $11Kbefore exit |
| FCX Freeport-McMoran Inc. | call | New | 234 | $11K |
| ORCL Oracle Corp. | put | Sold out | 41 | $11Kbefore exit |
| PFE Pfizer Inc. | put | Sold out | 457 | $11Kbefore exit |
| AA Alcoa Corp. | put | New | 200 | $10K |
| UCO Proshares Ultra Bloomberg CR | call | New | 560 | $10K |
| AXON Axon Enterprise Inc. | call | New | 17 | $9K |
| ORCL Oracle Corp. | call | New | 49 | $9K |
| METC Ramaco Resources Inc. Class A | call | New | 545 | $9K |
Showing the first 50 of 401.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| FANNIE MAE (FNMA F PERP O) | COM | Add +1.2% | 122,237 | $3.3M |
| HOEGH LNG PARTNERS LP (HMLP 8.75 PERP A) | COM | Sold out | 45,425 | $878Kbefore exit |
| FANNIE MAE (FNMA 6.75 PERP Q) | COM | Add +0.5% | 45,071 | $597K |
| MAIDEN HOLDING LTD (MHLD 6.625 06/14/46) | COM | Add +11.9% | 27,348 | $355K |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | Reduce -8.4% | 492,917 | $259K |
| FREDDIE MAC (FMCC F PERP B) | COM | Sold out | 8,513 | $180Kbefore exit |
| CITY OFFICE REIT (CIO 6.625 PERP A) | COM | New | 6,180 | $156K |
| STRATEGY INC (MSTR 12 PERP A.) | COM | Sold out | 600 | $58Kbefore exit |
| PAASF Pan American Silver Corp.-CVR | COM | Reduce -0.2% | 104,010 | $51K |
| FANNIE MAE (FNMA F PERP P) | COM | Add +240.0% | 1,700 | $22K |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | Sold out | 52,126 | $14Kbefore exit |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 | Reduce -10.0% | 9,000 | $13K |
| OFS CAPITAL CORP (OFS 7.5 07/31/28) | COM | Sold out | 500 | $12Kbefore exit |
| FGMCR FG Merger II Corp. | RIGHT 02/11/2030 | Sold out | 25,000 | $10Kbefore exit |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | New | 20,000 | $6K |
| GSRTR GSR III Acquisition Corp. | RIGHT 99/99/9999 | Sold out | 560 | $4Kbefore exit |
| FREDDIE MAC (FMCC 5.57 PERP V) | COM | New | 299 | $3K |
| GOLDMAN SACHS GROUP INC (GS F PERP A) | COM | New | 200 | $3K |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | Sold out | 100 | $0before exit |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Sold out | 100 | $0before exit |
| IGTAR Inception Growth Acq Ltd. -RT | RIGHT 12/08/2026 | Sold out | 1,300 | $0before exit |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | Sold out | 90 | $0before exit |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | New | 200 | $0 |
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 | 814 | $273.1M | NUVL, NEE, CDRO, CNI, PM |
| Q1 2026 | 708 | $224.4M | COPX, CDRO, SEE, CWAN, FONR |
| Q4 2025 | 802 | $347.3M | CDTX, BMO, UNH, SILJ, COPX |
| Q3 2025 | 1,105 | $303.3M | VRNA, NVDA, UNH, SBSW, CPPTL |
| Q2 2025 | 889 | $230.5M | BPMC, VOD, ERIC, CDRO, NVDA |
| Q1 2025 | 704 | $160.8M | BECN, QQQ, AMZN, MO, ESGR |
| Q4 2024 | 607 | $190.2M | ASML, HUM, SMAR, AVGO, VNO |
| Q3 2024 | 640 | $205.6M | ITW, MO, FMC, IWM, MU |
| Q2 2024 | 415 | $147.1M | BN, BITO, NWLI, RL, AVGO |
| Q1 2024 | 650 | $163.8M | TRITIUM DCFC LIMITED, BYRN, BITO, GE, PEP |