Ghisallo Capital Management LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Ghisallo Capital Management LLC reported 215 stock positions worth $3.1 billion. Its top holding was Baba 091532 CVT Put at 9.0% of the portfolio, followed by Nebius (NBIS, 5.9%) and Chpac 091830 CVT Put (5.2%). Compared with Q2 2025, it opened 105 new positions, sold out of 73, added to 4 and reduced 40. The biggest buy was a new position in Baba 091532 CVT Put and the biggest sale an exit from T-Mobile US (TMUS).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0001825214
Portfolio Value
$3.1B (Q3 2025)
SEC Filing
0001172661-25-004873 ↗ filed Nov 14, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $791.9M Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.8B Q3 2024 Q4 2024: $1.7B Q4 2024 Q1 2025: $1.1B Q1 2025 Q2 2025: $3.7B Q2 2025 Q3 2025: $3.1B $3.1B Q3 2025 Q4 2025: $2.2B Q4 2025 Q1 2026: $3.6B Q1 2026 Q2 2026: $4.1B Q2 2026

Holdings 215 stocks · $3.1B
BABA 091532 CVT PUT 8.98% 240,000,000 $274.5M New
NBIS Nebius Group NV 5.89% 1,604,028 $180.1M New
CHPAC 091830 CVT PUT 5.16% 1,220,000,000 $157.5M New
FOX Fox Corp. Class B 4.68% 2,495,618 $143.0M New
PINGA 061130 CVT PUT 3.23% 701,000,000 $98.7M Reduce -45.9%
NIO Nio Inc. - ADR 2.99% 12,000,000 $91.4M New
BABA 07/09/32 CVT PUT 2.59% 495,000,000 $79.2M New
QUBT Quantum Computing Inc. 2.43% 4,030,092 $74.2M New
QUANC 10/02/30 CVT PUT 2.11% 65,000,000 $64.6M New
AVAV Aerovironment Inc. 2.06% 200,000 $63.0M New
LOAR Loar Holdings Inc. 1.96% 750,000 $60.0M Reduce -36.2%
RIG Transocean Ltd. 1.89% 18,500,000 $57.7M New
PONY Pony AI Inc. 1.74% 2,360,000 $53.1M New
ESLT Elbit Systems Ltd. 1.67% 100,000 $51.0M No change
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 1.55% 2,500,000 $47.5M New
LTM Latam Airlines Group SA-ADR 1.24% 840,193 $38.0M Add +1020.3%
NBIS 1.000 09/15/30 CVT 1.14% 30,000,000 $34.9M New
TTAN Servicetitan Inc. Class A 1.13% 341,541 $34.4M No change
SNDK Sandisk Corp. 1.10% 300,000 $33.7M Reduce -66.8%
INTC Intel Corp. 1.10% 1,000,000 $33.5M No change
CAI Caris Life Sciences Inc. 1.04% 1,048,163 $31.7M No change
MMYT Makemytrip Ltd. 1.02% 333,400 $31.2M Reduce -55.5%
NBIS 2 3/4 09/15/32 filed as NBIS 2.750 09/15/32 CVT 0.95% 25,000,000 $29.1M New
OKLO Oklo Inc. 0.91% 250,000 $27.9M Reduce -61.5%
FWDI Forward Industries Inc. 0.82% 1,351,352 $25.0M New
BRO Brown & Brown Inc. 0.77% 250,000 $23.4M Reduce -88.1%
NDAQ Nasdaq Inc. 0.72% 250,000 $22.1M Reduce -75.0%
CIPHER DIGITAL INC (CIFR 0 10/01/31) filed as CIFR 10/01/31 CVT PUT 0.72% 20,000,000 $22.0M New
MMGLT 10/08/30 CVT PUT 0.71% 20,000,000 $21.6M New
MMYT 07/01/30 CVT PUT 0.67% 20,000,000 $20.5M Reduce -69.2%
SARO Standardaero Inc. 0.67% 750,000 $20.5M Reduce -65.3%
BOSTON PROPERTIES LP (BXP 2 10/01/30) filed as BXP 2.000 10/01/30 CVT 0.65% 20,000,000 $19.9M New
CNP Centerpoint Energy Inc. 0.63% 500,000 $19.4M Reduce -50.0%
WAY Waystar Holding Corp. 0.62% 500,000 $19.0M Reduce -28.6%
KTOS Kratos Defense & Security 0.60% 200,000 $18.3M Reduce -66.7%
MIR Mirion Technologies Inc. 0.59% 774,900 $18.0M New
BABA Alibaba Group Holding-SP ADR 0.58% 100,000 $17.9M New
AS Amer Sports Inc. 0.57% 500,000 $17.4M Reduce -50.0%
GLXY Galaxy Digital Inc. Class A 0.55% 500,000 $16.9M Reduce -71.4%
LPLA LPL Financial Holdings Inc. 0.54% 50,000 $16.6M Reduce -71.2%
KRMN Karman Holdings Inc. 0.53% 225,000 $16.2M No change
PINGA 0.875 07/22/29 0.51% 11,500,000 $15.6M Reduce -50.0%
LNT 3.250 05/30/28 CVT 0.51% 15,000,000 $15.5M Add +57.9%
STRIVE INC 0.49% 11,111,111 $15.0M New
FANG Diamondback Energy Inc. 0.47% 100,000 $14.3M No change
MBLY Mobileye Global Inc. Class A 0.46% 1,000,000 $14.1M New
HSAI Hesai Group 0.46% 500,000 $14.1M No change
AWK American Water Works Co. Inc. 0.46% 100,000 $13.9M New
KCCOP 1.750 07/10/30 CVT PUT 0.46% 12,000,000 $13.9M New
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) 0.41% 12,500,000 $12.7M New
BNTX Biontech SE-ADR 0.40% 125,000 $12.3M New
WUXIA 10/19/25 CVT EXCD 0.40% 8,000,000 $12.1M Reduce -66.7%
XPEV Xpeng Inc. - ADR 0.38% 500,000 $11.7M No change
GRAB HOLDINGS LTD (GRAB 0 06/15/30) filed as GRAB 06/15/30 CVT PUT 0.38% 10,000,000 $11.6M Reduce -79.0%
SMA Smartstop Self Storage REIT 0.37% 300,000 $11.3M No change
EXPEDIA GROUP INC (EXPE 0 02/15/26) 0.36% 11,000,000 $11.1M New
MIAX Miami International Holdings 0.36% 275,000 $11.1M New
WIX LTD filed as WIXX 09/15/30 CVT 0.36% 10,000,000 $10.9M New
COIN 10/01/29 CVT 0.35% 10,000,000 $10.6M New
FTW Eqv Ventures Acquisition C-A 0.34% 1,000,000 $10.4M No change
FIG Figma Inc. Class A 0.34% 200,000 $10.4M New
Commvault Systems, Inc. filed as CVLT 09/15/30 CVT 0.34% 10,000,000 $10.3M New
NIQ Niq Global Intelligence PLC 0.33% 650,000 $10.2M New
NPAC New Providence Acquisition-A 0.33% 1,000,000 $10.2M No change
LI Li Auto Inc. - ADR 0.33% 400,000 $10.1M No change
SO 3.250 06/15/28 CVT 0.33% 10,000,000 $10.1M New
TACH Titan Acquisition Corp. Class A 0.33% 1,000,000 $10.1M No change
BCSS.U Bain Capital GSS Investment 0.33% 1,000,000 $10.1M New
HPEVG 0.500 07/16/30 CVT PUT 0.33% 80,000,000 $10.1M New
METC Ramaco Resources Inc. Class A 0.33% 300,000 $10.0M New
SAIL Sailpoint Inc. 0.33% 450,000 $9.9M No change
NTWO Newbury Street II Ac Class A 0.32% 950,000 $9.8M No change
VNOM Viper Energy Inc. Class A 0.31% 250,000 $9.6M New
ALDF Aldel Financial II Inc. 0.31% 900,000 $9.4M No change
SPXC SPX Technologies Inc. 0.31% 50,000 $9.3M New
KGS Kodiak Gas Services Inc. 0.30% 250,000 $9.2M Reduce -50.0%
LITE 0.375 03/15/32 CVT 0.30% 8,000,000 $9.2M New
ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) 0.30% 5,000,000 $9.2M Reduce -84.6%
BIRK Birkenstock Holding PLC 0.30% 200,000 $9.1M Reduce -60.0%
TERAWULF INC (WULF 1 09/01/31) filed as WULF 1.000 09/01/31 CVT 0.29% 7,500,000 $8.9M New
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) 0.27% 7,500,000 $8.2M Add +50.0%
ATII Archimedes Tech Spac Partner 0.27% 800,000 $8.2M No change
EVAC.U Eqv Ventures Acquisition Cor 0.26% 800,000 $8.0M New
GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 0.25% 200,000 $7.7M Reduce -66.7%
LINE Lineage Inc. 0.25% 200,100 $7.7M Reduce -60.0%
ONDS Ondas Inc. filed as ONDAS HLDGS INC 0.25% 1,000,000 $7.7M New
QXO Qxo Inc. 0.25% 400,000 $7.6M Reduce -80.0%
WBI Waterbridge Infrastruc Class A 0.25% 300,000 $7.6M New
XTEPI 1.500 02/18/26 CVT 0.24% 56,000,000 $7.5M No change
KC Kingsoft Cloud Holdings-ADR 0.24% 500,000 $7.5M Reduce -28.1%
DMIIU Drugs Made in America Acquis 0.24% 750,000 $7.5M New
FIGR Figure Technology Solut Class A 0.24% 200,000 $7.3M New
ULS Ul Solutions Inc. Class A 0.23% 100,000 $7.1M Reduce -80.0%
AVNET filed as AVT 1.750 09/01/30 CVT PUT 0.23% 7,000,000 $7.1M New
BLSH Bullish 0.23% 110,000 $7.0M New
LB Landbridge Co. LLC-A 0.23% 130,000 $6.9M Reduce -0.7%
CRWV Coreweave Inc. Class A 0.22% 50,000 $6.8M New
TBBB BBB Foods Inc. Class A 0.22% 250,000 $6.7M No change
NETD Nabors Energy Transition C-A 0.22% 599,800 $6.7M No change
MP MP Materials Corp. 0.22% 100,000 $6.7M New
CRCL Circle Internet Group Inc. 0.22% 50,000 $6.6M Reduce -33.3%
ANSC Agriculture & Natural Soluti 0.21% 600,000 $6.6M No change
ARX Accelerant Holdings Class A 0.21% 425,000 $6.3M New
LHAG 09/10/32 CVT PUT 0.21% 5,500,000 $6.3M New
SLDE Slide Insurance Holdings Inc. 0.21% 400,000 $6.3M No change
AHR American Healthcare REIT Inc. 0.21% 150,000 $6.3M Reduce -42.9%
AHL Aspen Insurance Holdings Class A 0.20% 165,000 $6.1M No change
AMSC American Superconductor Corp. 0.19% 100,000 $5.9M Reduce -50.0%
CYTK 1.750 10/01/31 CVT 0.19% 5,000,000 $5.7M New
NTSK Netskope Inc. Class A 0.19% 250,000 $5.7M New
PRMB Primo Brands Corp. 0.18% 250,000 $5.5M Reduce -91.7%
COIN 10/01/32 CVT 0.18% 5,000,000 $5.5M New
OSCR 2.250 09/01/30 CVT 0.18% 5,000,000 $5.5M New
HGV Hilton Grand Vacations Inc. 0.17% 125,000 $5.2M New
CTRE Caretrust REIT Inc. 0.17% 150,000 $5.2M New
MRLN Merlin Inc. filed as BLEICHROEDER ACQUISITION COR 0.17% 500,000 $5.2M No change
CAEP Cantor Equity Partners III-A 0.17% 500,000 $5.2M No change
PMTR Perimeter Acquis Corp. I Class A 0.17% 500,000 $5.1M No change
HSDT Solana Co. filed as HELIUS MED TECHNOLOGIES INC 0.16% 726,638 $5.0M New
OBA Oxley Bridge Acquisitio Class A 0.16% 500,000 $5.0M No change
CERCA 2.250 08/14/30 CVT PUT 0.16% 5,000,000 $4.9M New
VIA Via Transportation Inc. Class A 0.16% 100,000 $4.8M New
EEFT US filed as EEFT 0.625 10/01/30 CVT 0.16% 5,000,000 $4.8M New
SCHN 1.250 09/23/33 CVT 0.16% 4,000,000 $4.7M New
OACC Oaktree Acquisition Corp. I-A 0.15% 450,000 $4.7M No change
FLY Firefly Aerospace Inc. 0.15% 160,000 $4.7M New
LGN Legence Corp. Class A 0.15% 150,000 $4.6M New
CHYM Chime Financial Inc. Class A 0.15% 225,000 $4.5M No change
APLD Applied Digital Corp. 0.15% 197,000 $4.5M No change
VOYG Voyager Technologies Inc. Class A 0.15% 150,000 $4.5M No change
NWS News Corp. Class B 0.14% 126,148 $4.4M New
SFNC Simmons First Natl Corp. Class A 0.14% 225,000 $4.3M New
ZHEN DING TECH HLD LTD (ZHEDIN 0 01/24/29) filed as ZHDIG 01/24/29 CVT PUT 0.14% 2,500,000 $4.2M New
CCIX Churchill Capital Corp. Ix 0.14% 400,000 $4.2M No change
ETOR Etoro Group Ltd. Class A 0.14% 100,000 $4.1M No change
BLZRU Trailblazer Acquisition Corp. 0.13% 400,000 $4.1M New
GTEN Gores Holdings X Inc. Class A 0.13% 400,000 $4.1M No change
FORD MOTOR COMPANY (F 0 03/15/26) filed as FORD MTR CO 0.13% 4,000,000 $4.0M Reduce -73.3%
ZONE Zone Frontier Inc. filed as CLEANCORE SOLUTIONS INC 0.13% 4,000,000 $4.0M New
CNCK Coincheck Group NV 0.13% 854,242 $4.0M Reduce -27.3%
ATAT Atour Lifestyle Holdings-ADR 0.12% 100,000 $3.8M No change
HNGE Hinge Health Inc. Class A 0.12% 75,000 $3.7M No change
TTAM Titan America SA 0.12% 240,000 $3.6M Reduce -52.6%
DLO Dlocal Ltd. 0.12% 250,000 $3.6M New
CEPF Cantor Equity Partners Class A 0.12% 350,000 $3.6M New
Norwegian Cruise Line Holdings Ltd. filed as NCLH 0.750 09/15/30 CVT 0.12% 3,500,000 $3.5M New
DOLE Dole PLC 0.11% 250,000 $3.4M New
SVV Savers Value Village Inc. 0.11% 250,000 $3.3M No change
JLMAG 1.750 08/04/30 CVT PUT 0.11% 3,000,000 $3.3M New
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.11% 100,000 $3.3M No change
LWAC Lightwave Acquisition Corp. Class A 0.11% 325,000 $3.2M No change
INGM Ingram Micro Holding Corp. 0.11% 150,000 $3.2M Reduce -25.0%
CRBG Corebridge Financial Inc. 0.10% 100,000 $3.2M New
MH McGraw Hill Inc. 0.10% 250,000 $3.1M New
ZVIA Zevia PBC-A 0.10% 1,100,000 $3.0M Add +265.1%
LUCD Lucid Diagnostics Inc. 0.10% 2,960,066 $3.0M New
HE Hawaiian Electric Inds 0.09% 250,000 $2.8M No change
TWFG TWFG Inc. 0.09% 100,000 $2.7M No change
PTRN Pattern Group Inc. Class A 0.09% 200,000 $2.7M New
SRAD Sportradar Group AG-A 0.09% 100,000 $2.7M Reduce -80.0%
MIRION TECHNOLOGIES INC (MIR 0 10/01/31) filed as MIRX 10/01/31 CVT 0.09% 2,500,000 $2.7M New
FCRS.U Futurecrest Acquisition Corp. 0.09% 250,000 $2.6M New
BRCB Black Rock Coffee Bar Inc. Class A 0.09% 110,000 $2.6M New
GRDN Guardian Phrmcy Services-A 0.09% 100,000 $2.6M No change
ONCHU 1RT Acquisition Corp. 0.09% 250,000 $2.6M New
HTFL Heartflow Inc. 0.08% 75,000 $2.5M New
OTGAU Otg Acquisition Corp. I 0.08% 250,000 $2.5M New
FWRG First Watch Restaurant Group 0.08% 160,893 $2.5M New
PACH Pioneer Acquisition I Class A 0.08% 250,000 $2.5M No change
BKV BKV Corporation 0.08% 100,000 $2.3M No change
CHECU Chenghe Acquisition III Co. 0.07% 225,000 $2.2M New
NSPR Inspiremd Inc. 0.07% 921,587 $2.2M New
CON Concentra Group Holdings Par 0.07% 100,000 $2.1M Reduce -33.3%
WENN Wen Acquisition Corp. Class A 0.07% 200,000 $2.0M No change
FIGX Figx Capital Acquisition C-A 0.07% 200,000 $2.0M No change
LATAU Galata Acquisition Corp. II 0.07% 200,000 $2.0M New
BLUW Blue Water Acquisition C-A filed as BLUE WTR ACQUISITION CORP. I 0.07% 200,000 $2.0M No change
OMDA Omada Health Inc. 0.07% 90,000 $2.0M No change
CHA Chagee Holdings Ltd.-ADR 0.07% 120,000 $2.0M No change
ASIC Ategrity Specialty Holdings 0.06% 100,000 $2.0M No change
MNTN MNTN Inc. Class A 0.06% 100,000 $1.9M No change
NTST Netstreit Corp. 0.06% 100,000 $1.8M New
KMTS Kestra Medical Technologies 0.06% 75,000 $1.8M No change
SFD Smithfield Foods Inc. 0.06% 75,000 $1.8M No change
SOC Sable Offshore Corp. 0.06% 100,000 $1.7M No change
KRP Kimbell Royalty Partners LP 0.06% 125,000 $1.7M Reduce -65.5%
GEMI Gemini Space Station Inc. Class A 0.05% 70,000 $1.7M New
CEPT Cantor Equity Partners Class A 0.05% 150,000 $1.6M No change
AII American Integrity Insurance 0.05% 65,000 $1.5M No change
VG Venture Global Inc. Class A 0.05% 100,000 $1.4M No change
BOW Bowhead Specialty Holdings I 0.04% 50,000 $1.4M Reduce -50.0%
INFQ Infleqtion Inc. filed as CHURCHILL CAP CORP X 0.04% 100,000 $1.3M New
FLOC Flowco Holdings Inc. Class A 0.03% 70,000 $1.0M No change
PCAP Procap Acquisition Corp. Class A 0.03% 100,000 $1.0M No change
MBVIU M3-Brigade Acquisition Vi Co. 0.03% 100,000 $1.0M New
INR Infinity Natural Resour Class A 0.03% 75,000 $983K No change
SDHC Smith Douglas Homes Corp. 0.03% 50,000 $883K No change
WYFI Whitefiber Inc. 0.02% 25,000 $679K New
CARL Carlsmed Inc. 0.02% 50,000 $670K New
MBX MBX Biosciences Inc. 0.02% 38,250 $669K New
LOGCO 6950 080426 CVT PUT 0.02% 56,000,000 $646K No change
LITS Lite Strategy Inc. 0.02% 250,000 $605K New
JCAP Jefferson Capital Inc. 0.02% 35,000 $604K No change
AMBQ Ambiq Micro Inc. 0.02% 20,000 $598K New
PL Planet Labs PBC 0.02% 40,000 $519K No change
EVTL Vertical Aerospace Ltd. 0.02% 100,000 $519K New
BBNX Beta Bionics Inc. 0.02% 25,000 $497K Reduce -50.0%
COSO Coastal South Bancshares Inc. 0.01% 20,000 $436K New
EVEX Eve Holding Inc. filed as EVE HLDG INC 0.01% 100,000 $381K New
STUB Stubhub Holdings Inc. Class A 0.01% 20,000 $337K New
DWAHY 033029 29 CVT 0.01% 40,000,000 $295K No change
AVBH Avidbank Holdings Inc. 0.01% 10,000 $255K New
HCMA HCM III Acquisition Cor Class A 0.01% 25,000 $253K New
FAC Factorial Energy Inc. filed as CARTESIAN GROWTH CORP III 0.01% 25,000 $251K No change
HLLY Holley Inc. 0.00% 45,686 $143K New

Portfolio Sells Q2 2025 → Q3 2025
TMUS T-Mobile US Inc. Sold out 0.00% −14.32
BRO Brown & Brown Inc. Reduce -88.1% 0.77% −5.45
DELL Dell Technologies -C Sold out 0.00% −4.91
ADT Adt Inc. Sold out 0.00% −3.50
TTWO Take-Two Interactive Softwre Sold out 0.00% −2.60
CHWY Chewy Inc. Class A Sold out 0.00% −2.28
PRMB Primo Brands Corp. Reduce -91.7% 0.18% −2.19
NDAQ Nasdaq Inc. Reduce -75.0% 0.72% −1.67
PINGA 061130 CVT PUT Reduce -45.9% 3.23% −1.43
LPLA LPL Financial Holdings Inc. Reduce -71.2% 0.54% −1.19
MMYT 07/01/30 CVT PUT Reduce -69.2% 0.67% −1.18
SARO Standardaero Inc. Reduce -65.3% 0.67% −1.16
GRAB HOLDINGS LTD (GRAB 0 06/15/30) Reduce -79.0% 0.38% −0.97
OWL Blue Owl Capital Inc. Sold out 0.00% −0.96
MMYT Makemytrip Ltd. Reduce -55.5% 1.02% −0.94
DASH 05/15/30 CVT Sold out 0.00% −0.94
QXO Qxo Inc. Reduce -80.0% 0.25% −0.90
ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) Reduce -84.6% 0.30% −0.81
CHTFK 0.375 06/30/30 CVT PUT Sold out 0.00% −0.80
LOAR Loar Holdings Inc. Reduce -36.2% 1.96% −0.74
ULS Ul Solutions Inc. Class A Reduce -80.0% 0.23% −0.74
AEP American Electric Power Sold out 0.00% −0.69
WTRG Essential Utilities Inc. Sold out 0.00% −0.64
JPM 0.100 05/20/30 MTN Sold out 0.00% −0.52
ADC Agree Realty Corp. Sold out 0.00% −0.49
GLXY Galaxy Digital Inc. Class A Reduce -71.4% 0.55% −0.47
WEC 3.375 06/01/28 CVT Sold out 0.00% −0.47
AS Amer Sports Inc. Reduce -50.0% 0.57% −0.47
CPETR 0.750 05/20/32 CVT PUT Sold out 0.00% −0.45
KVYO Klaviyo Inc. Class A Sold out 0.00% −0.45
EOS ENERGY ENTERPRISES I (EOSE 6.75 06/15/30) Sold out 0.00% −0.45
SITM Sitime Corp. Sold out 0.00% −0.44
VSEC Vse Corp. Sold out 0.00% −0.44
CABLG 1.500 12/01/30 CVT Sold out 0.00% −0.41
FE 3.875 06/15/31 CVT Sold out 0.00% −0.41
RHP Ryman Hospitality Properties Sold out 0.00% −0.40
SFLDI 07/08/26 CVT Sold out 0.00% −0.39
HUDSON PAC PPTYS INC Sold out 0.00% −0.38
BIRK Birkenstock Holding PLC Reduce -60.0% 0.30% −0.36
VIK Viking Holdings Ltd. Sold out 0.00% −0.36
CNP Centerpoint Energy Inc. Reduce -50.0% 0.63% −0.35
GFL GFL Environmental Inc.-Sub VT Sold out 0.00% −0.34
LINE Lineage Inc. Reduce -60.0% 0.25% −0.33
UBER TECHNOLOGIES INC (UBER 0 12/15/25) Sold out 0.00% −0.32
LTH Life Time Group Holdings Inc. Sold out 0.00% −0.32
IDA Idacorp Inc. Sold out 0.00% −0.31
LUCID GROUP INC (LCID 5 04/01/30) Sold out 0.00% −0.30
ODD Oddity Tech Ltd. Class A Sold out 0.00% −0.30
WUXIA 10/19/25 CVT EXCD Reduce -66.7% 0.40% −0.29
SRAD Sportradar Group AG-A Reduce -80.0% 0.09% −0.29

Portfolio Buys Q2 2025 → Q3 2025
BABA 091532 CVT PUT New 8.98% +8.98
NBIS Nebius Group NV New 5.89% +5.89
CHPAC 091830 CVT PUT New 5.16% +5.16
FOX Fox Corp. Class B New 4.68% +4.68
NIO Nio Inc. - ADR New 2.99% +2.99
BABA 07/09/32 CVT PUT New 2.59% +2.59
QUBT Quantum Computing Inc. New 2.43% +2.43
QUANC 10/02/30 CVT PUT New 2.11% +2.11
AVAV Aerovironment Inc. New 2.06% +2.06
RIG Transocean Ltd. New 1.89% +1.89
PONY Pony AI Inc. New 1.74% +1.74
BEKE Ke Holdings Inc.-ADR New 1.55% +1.55
LTM Latam Airlines Group SA-ADR Add +1020.3% 1.24% +1.16
NBIS 1.000 09/15/30 CVT New 1.14% +1.14
NBIS 2 3/4 09/15/32 New 0.95% +0.95
FWDI Forward Industries Inc. New 0.82% +0.82
CIPHER DIGITAL INC (CIFR 0 10/01/31) New 0.72% +0.72
MMGLT 10/08/30 CVT PUT New 0.71% +0.71
BOSTON PROPERTIES LP (BXP 2 10/01/30) New 0.65% +0.65
MIR Mirion Technologies Inc. New 0.59% +0.59
BABA Alibaba Group Holding-SP ADR New 0.58% +0.58
STRIVE INC New 0.49% +0.49
MBLY Mobileye Global Inc. Class A New 0.46% +0.46
AWK American Water Works Co. Inc. New 0.46% +0.46
KCCOP 1.750 07/10/30 CVT PUT New 0.46% +0.46
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) New 0.41% +0.41
BNTX Biontech SE-ADR New 0.40% +0.40
EXPEDIA GROUP INC (EXPE 0 02/15/26) New 0.36% +0.36
MIAX Miami International Holdings New 0.36% +0.36
WIX LTD New 0.36% +0.36
COIN 10/01/29 CVT New 0.35% +0.35
FIG Figma Inc. Class A New 0.34% +0.34
Commvault Systems, Inc. New 0.34% +0.34
NIQ Niq Global Intelligence PLC New 0.33% +0.33
SO 3.250 06/15/28 CVT New 0.33% +0.33
BCSS.U Bain Capital GSS Investment New 0.33% +0.33
HPEVG 0.500 07/16/30 CVT PUT New 0.33% +0.33
METC Ramaco Resources Inc. Class A New 0.33% +0.33
VNOM Viper Energy Inc. Class A New 0.31% +0.31
SPXC SPX Technologies Inc. New 0.31% +0.31
LITE 0.375 03/15/32 CVT New 0.30% +0.30
TERAWULF INC (WULF 1 09/01/31) New 0.29% +0.29
EVAC.U Eqv Ventures Acquisition Cor New 0.26% +0.26
LNT 3.250 05/30/28 CVT Add +57.9% 0.51% +0.25
ONDS Ondas Inc. New 0.25% +0.25
WBI Waterbridge Infrastruc Class A New 0.25% +0.25
DMIIU Drugs Made in America Acquis New 0.24% +0.24
FIGR Figure Technology Solut Class A New 0.24% +0.24
AVNET New 0.23% +0.23
BLSH Bullish New 0.23% +0.23

Notes & Other Activity Q2 2025 → Q3 2025
BACQR Inflection Point Acquisition RIGHT 11/04/2026 Sold out 500,000 $171Kbefore exit
SVIRF Spring Valley Acquisit-Right RIGHT 02/25/2026 Sold out 210,064 $29Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 291$4.1BSPCX, DLR, GOOGL, GOOG, SMCI
Q1 2026 272$3.6BMDLN, XPEV, HYUHI 05/04/31 CVT PUT, TSLA, NVDA
Q4 2025 205$2.2BXPEV, BABA 091532 CVT PUT, CHPAC 091830 CVT PUT, ULS, PINGA 061130 CVT PUT
Q3 2025 215$3.1BBABA 091532 CVT PUT, NBIS, CHPAC 091830 CVT PUT, FOX, PINGA 061130 CVT PUT
Q2 2025 183$3.7BTMUS, BRO, DELL, PINGA 061130 CVT PUT, ADT
Q1 2025 105$1.1BAEP, PRMB, LINE, ULS, BABA 0.500 06/01/31 CVT PUT
Q4 2024 106$1.7BBA, AJG, LINE, VIK, FANG
Q3 2024 130$1.8BFANG, DELL, GEHC, PIAIF, TCOM
Q2 2024Amended 118$1.1BCCC, BABA 0.500 06/01/31 CVT PUT, DLR, KVUE, BIRK
Q1 2024 99$791.9MNDAQ, ARM, BUD, MTDR, CRBG