Ghisallo Capital Management LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Ghisallo Capital Management LLC reported 272 stock positions worth $3.6 billion. Its top holding was Medline Class A (MDLN) at 5.6% of the portfolio, followed by Xpeng Inc. - ADR (XPEV, 3.6%) and Hyuhi 05/04/31 CVT Put (3.1%). Compared with Q4 2025, it opened 136 new positions, sold out of 69, added to 16 and reduced 25. The biggest buy was Medline Class A (MDLN, shares +405%) and the biggest sale an exit from Chpac 091830 CVT Put.

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0001825214
Portfolio Value
$3.6B (Q1 2026)
SEC Filing
0001172661-26-002270 ↗ filed May 15, 2026

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 Q3 2025 Q4 2025: $2.2B Q4 2025 Q1 2026: $3.6B $3.6B Q1 2026 Q2 2026: $4.1B Q2 2026

Holdings 272 stocks · $3.6B
MDLN Medline Inc. Class A 5.61% 4,546,674 $202.3M Add +405.2%
XPEV Xpeng Inc. - ADR 3.56% 7,500,000 $128.3M No change
HYUHI 05/04/31 CVT PUT 3.06% 110,000,000 $110.3M New
TSLA Tesla Inc. 2.83% 275,000 $102.2M New
NVDA Nvidia Corp. 2.66% 550,000 $95.9M New
ZTOEC 0925 030131 CVT PUT 2.64% 95,000,000 $95.4M New
MSFT Microsoft Corp. 2.56% 250,000 $92.5M New
WIWYNN CORP (WIWYNN 0 04/01/31) 2.43% 90,000,000 $87.8M New
CHPAC 09/18/30 CVT PUT 2.42% 675,000,000 $87.5M New
GFS Globalfoundries Inc. 2.22% 1,800,000 $80.1M New
TT Trane Technologies PLC 2.02% 175,000 $72.9M New
JCI Johnson Controls Internation 2.00% 550,000 $72.0M New
NIPST 02/14/29 CVT 1.88% 10,590,000,000 $68.0M New
ORCL Oracle Corp. 1.86% 457,000 $67.2M New
JTGLF J&T Global Express Ltd. filed as BLTIV 02/05/33 CVT PUT 1.82% 544,000,000 $65.5M New
NBIS Nebius Group NV 1.65% 575,000 $59.7M No change
NEBIUS GROUP NV (NBIS 1.25 03/15/31) filed as NBIS 1.250 03/15/31 CVT 1.59% 60,000,000 $57.5M New
FPS Forgent Power Solutions Class A 1.50% 1,850,000 $54.1M New
NEBIUS GROUP NV (NBIS 2.625 03/15/33 .) filed as NBIS 2.625 03/15/33 CVT 1.42% 55,000,000 $51.2M New
HUTAI 02/08/27 CVT 1.38% 400,000,000 $49.9M New
NIPST 02/14/31 CVT PUT 1.25% 6,990,000,000 $45.1M New
ULS Ul Solutions Inc. Class A 1.19% 500,000 $42.9M Reduce -64.3%
KTOS Kratos Defense & Security 1.17% 600,000 $42.3M Add +200.0%
GALAXY DIGITAL HOLDIN LP (GLXYLP 0.5 05/01/31) filed as GLXY 0.500 05/01/31 CVT 1.14% 58,300,000 $41.3M Reduce -38.6%
BABA 091532 CVT PUT 1.13% 42,500,000 $40.9M Reduce -68.9%
ROL Rollins Inc. 1.11% 750,000 $40.1M Reduce -25.0%
AS Amer Sports Inc. 1.09% 1,200,000 $39.5M Add +380.0%
MIAX Miami International Holdings 1.08% 1,000,000 $38.9M Add +79.4%
ZIJMF Zijin Mining Group Co. Ltd. Class H filed as ZJMGC 02/05/31 CVT PUT 1.05% 41,000,000 $37.9M New
DUKE ENERGY CORP (DUK 3 03/15/29) filed as DUK 3.000 03/15/29 CVT 0.97% 35,000,000 $35.1M New
GEV GE Vernova Inc. 0.97% 40,000 $34.9M New
HNSPF Hansoh Pharmaceutical Group filed as SRIAD 02/03/33 CVT PUT 0.92% 273,000,000 $33.2M New
DOCN Digitalocean Holdings Inc. 0.90% 380,000 $32.6M New
SARO Standardaero Inc. 0.86% 1,200,000 $31.0M Add +500.0%
GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 0.84% 750,000 $30.2M New
KGS Kodiak Gas Services Inc. 0.81% 500,000 $29.2M Reduce -58.3%
PIAIF Ping An Insurance Group Co. Class H filed as PINGA 06/11/30 CVT PUT 0.79% 191,000,000 $28.6M New
LXU LSB Industries Inc. 0.78% 1,900,000 $28.3M New
LGN Legence Corp. Class A 0.78% 500,000 $28.2M No change
VSEC Vse Corp. 0.77% 150,000 $27.7M Add +328.6%
LAR Lithium Argentina AG 0.73% 3,919,802 $26.2M New
ZM Zoom Communications Inc. 0.72% 325,000 $26.1M New
JOBY Joby Aviation Inc. 0.72% 3,129,666 $25.9M Add +943.2%
LTM Latam Airlines Group SA-ADR 0.68% 500,000 $24.7M New
HEI Heico Corp. 0.68% 90,000 $24.7M New
NIO Nio Inc. - ADR 0.67% 4,000,000 $24.1M Reduce -50.0%
IONQ Ionq Inc. 0.60% 750,000 $21.6M New
WICOF Wistron Corp. filed as WISTR 10/23/30 CVT PUT 0.58% 23,900,000 $20.8M New
RDDT Reddit Inc. Class A 0.56% 150,000 $20.2M New
FANG Diamondback Energy Inc. 0.55% 100,000 $19.8M No change
QXO Qxo Inc. 0.54% 1,000,000 $19.4M Add +400.0%
VNOM Viper Energy Inc. Class A 0.52% 400,000 $18.8M Add +300.0%
BKV BKV Corporation 0.51% 650,000 $18.5M Add +116.7%
KRMN Karman Holdings Inc. 0.50% 225,000 $18.0M No change
JAN Janus Living Inc. Class-A-1 0.49% 750,000 $17.7M New
VIPS Vipshop Holdings Ltd. - ADR 0.44% 999,999 $15.7M New
IPFXU Inflection Point Acquisition 0.42% 1,500,000 $15.2M New
NSC Norfolk Southern Corp. 0.41% 52,000 $14.9M New
FTW Presidio Production Co. Class A 0.39% 1,264,412 $13.9M New
JPM 010 011229 MTN 0.38% 12,000,000 $13.7M New
SYM Symbotic Inc. 0.37% 250,000 $13.3M Reduce -76.4%
TTAN Servicetitan Inc. Class A 0.35% 200,000 $12.7M No change
COREWEAVE INC (CRWV 1.75 12/01/31) 0.35% 12,500,000 $12.6M Add +19.1%
ALH Alliance Laundry Holdings Inc. 0.34% 600,000 $12.4M No change
BE Bloom Energy Corp. Class A 0.34% 90,000 $12.2M New
HSAI Hesai Group 0.32% 600,000 $11.5M New
LOAR Loar Holdings Inc. 0.32% 200,000 $11.5M No change
MDA Mda Space Ltd. 0.32% 450,000 $11.4M New
VNET Vnet Group Inc.-ADR 0.29% 1,250,000 $10.5M New
KCCOP 1.750 07/10/30 CVT PUT 0.29% 10,000,000 $10.4M New
WEC 3.375 06/01/28 CVT 0.29% 10,000,000 $10.4M New
TACH Titan Acquisition Corp. Class A 0.29% 1,000,000 $10.3M No change
KRSP Rice Acquisition Corp. 3-A 0.29% 1,000,000 $10.3M No change
NPAC New Providence Acquisition-A 0.28% 1,000,000 $10.3M No change
KOS Kosmos Energy Ltd. 0.28% 3,675,000 $10.2M New
BCSS Bain Capital GSS Inv- A 0.28% 1,000,000 $10.1M No change
KBON Karbon Capital Partners Class A 0.28% 1,000,000 $10.1M No change
NTWO Newbury Street II Ac Class A 0.28% 950,000 $10.0M No change
APP AppLovin Corp. Class A 0.28% 25,000 $9.9M New
AST SPACEMOBILE INC (ASTS 2.25 04/15/36) filed as ASTS 2.250 04/15/36 CVT 0.27% 10,000,000 $9.6M New
ALDF Aldel Financial II Inc. 0.26% 900,000 $9.5M No change
GLXY Galaxy Digital Inc. Class A 0.26% 500,000 $9.2M No change
YSS York Space Systems Inc. 0.25% 407,837 $9.0M New
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) 0.24% 7,500,000 $8.8M New
WAY Waystar Holding Corp. 0.23% 350,000 $8.4M No change
ATII Archimedes Tech Spac Partner 0.23% 800,000 $8.3M No change
EVAC.U Eqv Ventures Acquisition Cor 0.23% 800,000 $8.1M No change
WBI Waterbridge Infrastruc Class A 0.22% 300,000 $8.0M No change
POR Portland General Electric Co. 0.22% 150,000 $7.9M New
CRWV Coreweave Inc. Class A 0.21% 100,000 $7.7M No change
USAR USA Rare Earth Inc. 0.21% 500,000 $7.6M New
DMII Drugs Made in America Acquis 0.21% 750,000 $7.5M No change
CTRI Centuri Holdings Inc. 0.20% 250,000 $7.3M Reduce -37.5%
SLDE Slide Insurance Holdings Inc. 0.20% 400,000 $7.2M No change
EQPT Equipmentshare.com Inc. Class A 0.20% 350,000 $7.1M New
LASR Nlight Inc. 0.20% 125,000 $7.1M New
AHR American Healthcare REIT Inc. 0.20% 150,000 $7.1M No change
LB Landbridge Co. LLC-A 0.19% 100,000 $6.9M Add +99.1%
FIGR Figure Technology Solut Class A 0.19% 200,000 $6.8M No change
ANSC Agriculture & Natural Soluti 0.19% 600,000 $6.8M No change
MWH Solv Energy Inc. Class A 0.17% 200,000 $6.0M New
HNTGF China Ruyi Holdings Ltd. filed as CHRYH 01/31/27 CVT 0.17% 50,000,000 $6.0M New
HTO H2O America 0.16% 100,000 $5.9M New
KPET.U Kpet Ultra Paceline Corp. 0.15% 550,000 $5.5M New
XTEPI 02/06/29 CVT PUT 0.15% 44,000,000 $5.4M New
ANDG Andersen Group Inc. Class A 0.15% 200,000 $5.4M No change
WHR Whirlpool Corp. 0.15% 100,000 $5.4M New
CBC Central Bancompany 0.15% 220,000 $5.3M No change
CAEP Cantor Equity Partners III-A 0.14% 500,000 $5.2M No change
EA Electronic Arts Inc. 0.14% 25,200 $5.1M New
PMTR Perimeter Acquis Corp. I Class A 0.14% 500,000 $5.1M No change
RZLV Rezolve AI PLC 0.14% 2,000,000 $5.1M New
OBA Oxley Bridge Acquisitio Class A 0.14% 500,000 $5.1M No change
LIBERTY ENERGY INC (LBRT 0 03/01/32) filed as LBRT 03/01/32 CVT 0.14% 5,000,000 $5.1M New
CLBR Colombier Acq III Class A 0.14% 500,000 $5.0M New
HCICU Hennessy Capital Investment 0.14% 500,000 $5.0M New
QADRU Qdro Acquisition Corp. 0.14% 500,000 $5.0M New
OKLO Oklo Inc. 0.14% 100,000 $5.0M No change
ADAC American Drive Acquisit Class A 0.14% 500,000 $5.0M No change
LPCV Launchpad Cadenza Acqui Class A 0.14% 500,000 $5.0M No change
WBD Warner Bros Discovery Inc. 0.14% 180,000 $4.9M New
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) 0.14% 5,000,000 $4.9M New
MP MP Materials Corp. 0.13% 100,000 $4.8M No change
OACC Oaktree Acquisition Corp. I-A 0.13% 450,000 $4.8M No change
CRCL Circle Internet Group Inc. 0.13% 50,000 $4.8M No change
GRDN Guardian Phrmcy Services-A 0.13% 125,000 $4.7M Add +150.0%
Norwegian Cruise Line Holdings Ltd. filed as NCLH 0.750 09/15/30 CVT 0.13% 5,000,000 $4.6M New
FLY Firefly Aerospace Inc. 0.13% 160,000 $4.6M No change
DASH 05/15/30 CVT 0.13% 5,000,000 $4.5M New
IEAG Infinite Eagle Class-A 0.12% 450,000 $4.5M New
CAI Caris Life Sciences Inc. 0.12% 250,000 $4.5M Reduce -70.4%
FWDI Forward Industries Inc. 0.12% 1,006,882 $4.5M Reduce -25.5%
CCIX Churchill Capital Corp. Ix 0.12% 400,000 $4.3M No change
FIG Figma Inc. Class A 0.12% 200,000 $4.2M No change
GTEN Gores Holdings X Inc. Class A 0.11% 400,000 $4.1M No change
BLZR Trailblazer Acquisition Class A 0.11% 400,000 $4.0M No change
OIM Oneim Acquisition Class-A 0.11% 400,000 $4.0M New
MZYX.U Mozayyx Acquisition Corp. 0.11% 400,000 $4.0M New
CDNL Cardinal Infrastructure GR-A 0.11% 100,000 $4.0M No change
KRAQ Krakacquisition Corp. Class A 0.11% 400,000 $3.9M New
BLSH Bullish 0.11% 110,000 $3.9M No change
CRISPR THERAPEUTICS AG (CRSP 1.7308 03/01/31) filed as CRSP 1.731 03/01/31 CVT 0.11% 4,000,000 $3.9M New
CSSCH 0.750 01/28/31 CVT PUT 0.11% 30,000,000 $3.9M New
MMED Minimed Group Inc. 0.10% 250,000 $3.7M New
MLAA Mountain Lake Acquisiti Class A 0.10% 375,000 $3.7M New
ATAT Atour Lifestyle Holdings-ADR 0.10% 100,000 $3.7M No change
BETA Beta Technologies Inc. Class A 0.10% 250,000 $3.7M No change
KMT Kennametal Inc. 0.10% 100,000 $3.6M New
CEPF Cantor Equity Partners Class A 0.10% 350,000 $3.6M No change
TBBB BBB Foods Inc. Class A 0.10% 100,000 $3.5M No change
BOBS Bob's Discount Furniture 0.10% 300,000 $3.5M New
MH McGraw Hill Inc. 0.09% 250,000 $3.4M No change
KC Kingsoft Cloud Holdings-ADR 0.09% 250,000 $3.3M New
LWAC Lightwave Acquisition Corp. Class A 0.09% 325,000 $3.3M No change
LINE Lineage Inc. 0.09% 100,100 $3.3M No change
INGM Ingram Micro Holding Corp. 0.09% 140,498 $3.3M Add +87.3%
WLTH Wealthfront Corp. 0.09% 350,000 $3.2M No change
AERO Grupo Aeromexico Sab DE CV 0.09% 225,000 $3.2M No change
JHG Janus Henderson Group PLC 0.08% 59,000 $3.0M New
ACAAU Averin Capital Acquisition C 0.08% 300,000 $3.0M New
ALUB Alussa Energy Acquisit II-A 0.08% 300,000 $3.0M No change
SAC Safeguard Acquisition C Class A 0.08% 300,000 $3.0M No change
SBXE Silverbox Corp. V Class A 0.08% 300,000 $3.0M No change
IACOU Idea Acquisition Corp. 0.08% 300,000 $3.0M New
NVGS Navigator Holdings Ltd. 0.08% 150,000 $2.9M New
HNGE Hinge Health Inc. Class A 0.08% 75,000 $2.9M No change
NIQ Niq Global Intelligence PLC 0.08% 250,000 $2.8M Reduce -44.4%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.08% 100,000 $2.7M No change
ONCHU 1RT Acquisition Corp. 0.07% 250,000 $2.6M No change
OTGAU Otg Acquisition Corp. I 0.07% 250,000 $2.6M No change
PACH Pioneer Acquisition I Class A 0.07% 250,000 $2.5M No change
CEPV Cantor Equity Partners Class A 0.07% 250,000 $2.5M No change
FCRS Futurecrest Acquisition Class A 0.07% 250,000 $2.5M No change
CAQUU Cambridge Acquisition Corp. 0.07% 250,000 $2.5M New
PTRN Pattern Group Inc. Class A 0.07% 200,000 $2.5M No change
DSAC Daedalus Special Acquis Class A 0.07% 250,000 $2.5M No change
GPAC General Purpose Acquisit-A 0.07% 250,000 $2.5M No change
AEAQ Activate Energy Acquisitio-A 0.07% 250,000 $2.5M No change
SORN Soren Acquisition Corp. Class A 0.07% 250,000 $2.5M New
JLMAG 1.750 08/04/30 CVT PUT 0.07% 2,500,000 $2.5M New
ARCI Archimedes Tech Spac Partner 0.07% 250,000 $2.5M New
PICS Pics NV 0.07% 225,000 $2.4M New
CHEC Chenghe Acquisition II Class A 0.06% 225,000 $2.3M No change
ALMS Alumis Inc. 0.06% 100,000 $2.2M New
SFD Smithfield Foods Inc. 0.06% 75,000 $2.1M No change
BLUW Blue Water Acquisition C-A filed as BLUE WTR ACQUISITION CORP. I 0.06% 200,000 $2.1M No change
WENN Wen Acquisition Corp. Class A 0.06% 200,000 $2.0M No change
FIGX Figx Capital Acquisition C-A 0.06% 200,000 $2.0M No change
MLAC Mountain Lake Acquisition-A 0.06% 200,000 $2.0M No change
DBCAU D Boral Acquisition I Corp. 0.06% 200,000 $2.0M New
SSACU Spacsphere Acquisition Corp. 0.06% 200,000 $2.0M New
HACQU HCM IV Acquisition Corp. 0.06% 200,000 $2.0M New
LATA Galata Acqu Corp. II Class A 0.06% 200,000 $2.0M No change
ALOVU Aldabra 4 Liquidity Opportun 0.06% 200,000 $2.0M New
ZKPU Lafayette Digital Acquisitio 0.06% 200,000 $2.0M New
TRGSU TRG Latin America Acquisitio 0.06% 200,000 $2.0M New
ASIC Ategrity Specialty Holdings 0.05% 100,000 $2.0M No change
MUZE Muzero Acquisition Corp. Class A 0.05% 200,000 $2.0M New
DNLI Denali Therapeutics Inc. 0.05% 100,000 $1.9M No change
BGSI Boyd Group Services Inc. 0.05% 15,000 $1.9M New
XNDU Xanadu Quantum Technolo Class B 0.05% 250,000 $1.9M New
CHYM Chime Financial Inc. Class A 0.05% 100,000 $1.9M Reduce -55.6%
VIS 02/04/31 CVT PUT 0.05% 2,000,000 $1.9M New
TMTSU Spartacus Acqu Corp. II 0.05% 175,000 $1.8M New
VOYG Voyager Technologies Inc. Class A 0.05% 75,000 $1.8M No change
LEGO Legato Merger Corp. IV 0.05% 175,000 $1.7M New
OFRM Once Upon A Farm PBC 0.05% 100,000 $1.6M New
CEPT Cantor Equity Partners Class A 0.05% 150,000 $1.6M No change
PRAX Praxis Precision Medicines I 0.04% 5,000 $1.6M New
WLIIU Willow Lane Acquisition Corp. 0.04% 150,000 $1.5M New
SMA Smartstop Self Storage REIT 0.04% 50,000 $1.5M Reduce -50.0%
FVAV Fortress Value Acquis V Class A 0.04% 150,000 $1.5M New
RNGT Range Capital Acquisit Class A 0.04% 150,000 $1.5M No change
PAACU Proem Acquisition Corp. I 0.04% 150,000 $1.5M New
KMTS Kestra Medical Technologies 0.04% 75,000 $1.5M Reduce -57.6%
AACOU Abony Acquisition Corp. I 0.04% 150,000 $1.5M New
AGBK Agi Inc. Class A 0.04% 200,000 $1.5M New
PCVX Vaxcyte Inc. 0.04% 25,000 $1.5M New
FLOC Flowco Holdings Inc. Class A 0.04% 70,000 $1.4M No change
BRCB Black Rock Coffee Bar Inc. Class A 0.04% 110,000 $1.4M No change
ZONE Zone Frontier Inc. filed as CLEANCORE SOLUTIONS INC 0.04% 3,775,112 $1.3M Reduce -5.6%
NAVN Navan Inc. Class A 0.04% 100,000 $1.3M Reduce -66.7%
AII American Integrity Insurance 0.03% 65,000 $1.3M Reduce -40.5%
HTFL Heartflow Inc. 0.03% 50,000 $1.2M Reduce -33.3%
OMDA Omada Health Inc. 0.03% 90,000 $1.1M Reduce -44.8%
PCAP Procap Acquisition Corp. Class A 0.03% 100,000 $1.0M No change
MBVI M3-Brigade Acquisition Class A 0.03% 100,000 $1.0M No change
BLRKU Bluerock Acquisition Corp. 0.03% 100,000 $1.0M No change
PALOU Paloma Acquisition Corp. I 0.03% 100,000 $998K New
XFLH.U XFLH Capital Corp. 0.03% 100,000 $996K New
BWIV.U Blue Water Acquisition Corp. filed as BLUE WTR ACQUISITION CORP IV 0.03% 100,000 $992K New
ITHA Ithax Acquisition Corp. Class A 0.03% 100,000 $990K No change
MEVO M Evo Global Acquisitio Class A filed as M EVO GBL ACQUISITION CORP I 0.03% 100,000 $985K New
ARTC Art Technology Acquisit Class A 0.03% 100,000 $982K New
CADL Candel Therapeutics Inc. 0.03% 200,000 $980K New
JCAP Jefferson Capital Inc. 0.03% 50,000 $962K Add +42.9%
SPAI Safe Pro Group Inc. 0.03% 250,000 $953K Reduce -12.6%
ENERGY VAULT HLDGS INC (NRGV 5.25 03/01/31) filed as NRGV 5.250 03/01/31 CVT 0.03% 1,000,000 $942K New
NTSK Netskope Inc. Class A 0.02% 100,000 $849K Reduce -60.0%
AVR Anteris Technologies Global 0.02% 150,000 $833K New
DRUG Bright Minds Biosciences Inc. 0.02% 11,000 $803K New
PPHC Public Policy Holding Co. Inc. 0.02% 60,000 $785K New
LPHHF Logan Group Co. Ltd. filed as LOGCO 6.950 08/04/26 CVT PUT 0.02% 56,000,000 $750K New
EIKN Eikon Therapeutics Inc. 0.02% 70,000 $741K New
BTGO Bitgo Holdings Inc. Class A 0.02% 80,000 $658K New
LMRI Lumexa Imaging Holdings Inc. 0.02% 75,000 $645K Reduce -40.0%
IRON Disc Medicine Inc. 0.02% 10,000 $639K No change
PXED Phoenix Education Partners I 0.02% 20,000 $629K No change
LIFE Ethos Technologies Inc. Class-A 0.02% 50,000 $559K New
ROIV Roivant Sciences Ltd. 0.01% 19,500 $540K New
AMBQ Ambiq Micro Inc. 0.01% 20,000 $508K No change
SVIVU Spring Valley Acquisition Co. 0.01% 50,000 $508K New
IPXGU Columbus Circle Capital Corp. 0.01% 50,000 $497K New
MESH Meshflow Acquisition Co. Class A 0.01% 50,000 $495K No change
COSO Coastal South Bancshares Inc. 0.01% 20,000 $492K No change
IXHL Incannex Healthcare Inc. 0.01% 162,855 $489K New
AKTS Aktis Oncology Inc. 0.01% 25,000 $447K New
MPLT Maplight Therapeutics Inc. 0.01% 20,000 $407K No change
HSDT Solana Co. 0.01% 223,051 $386K Reduce -38.6%
MANE Veradermics Inc. 0.01% 5,000 $316K New
NWAX New America Acquisition Class A 0.01% 30,000 $300K No change
AVBH Avidbank Holdings Inc. 0.01% 10,000 $285K No change
DWAHF Daiwa House Industry Co. Ltd. filed as DWAHY 03/30/29 '29 CVT 0.01% 40,000,000 $262K New
FAC Factorial Energy Inc. filed as CARTESIAN GROWTH CORP III 0.01% 25,000 $256K No change
HCMA HCM III Acquisition Cor Class A 0.01% 25,000 $253K No change
IMDX Insight Molecular Diagnostic 0.01% 70,695 $232K New
MULTISENSOR AI HOLDINGS INC 0.01% 960,339 $222K Add +285.7%
ZURA Zura Bio Ltd. 0.00% 25,000 $149K New
CRVS Corvus Pharmaceuticals Inc. 0.00% 10,000 $146K New
XLO Xilio Therapeutics Inc. 0.00% 13,800 $116K Reduce -82.6%
TLSI Trisalus Life Sciences Inc. 0.00% 25,000 $100K New
CNCK Coincheck Group NV 0.00% 11,724 $17K Reduce -98.9%
Other holdings (3): bonds, preferreds, convertibles and warrants · $20.7M (not counted above)
SecurityClassShares / PrincipalValueChange
ORACLE CORP (ORCL 6.5 01/15/29 D) 6.5 DEP CUM SR D 450,000$20.6MNew
IEAGR Infinite Eagle Acquis-Rights RIGHT 01/13/2031 450,000$81KNew
DMIIR Drugs Made in America Acq-RT RIGHT 09/16/2030 750,000$60KNo change

Total filed on the 13F, all lines: $3.6B.

Portfolio Sells Q4 2025 → Q1 2026
CHPAC 091830 CVT PUT Sold out 0.00% −5.52
BABA 091532 CVT PUT Reduce -68.9% 1.13% −5.14
PINGA 061130 CVT PUT Sold out 0.00% −3.77
ULS Ul Solutions Inc. Class A Reduce -64.3% 1.19% −3.74
ITT Itt Inc. Sold out 0.00% −3.49
SYM Symbotic Inc. Reduce -76.4% 0.37% −2.45
GALAXY DIGITAL HOLDIN LP (GLXYLP 0.5 05/01/31) Reduce -38.6% 1.14% −2.07
NNE Nano Nuclear Energy Inc. Sold out 0.00% −1.71
ROL Rollins Inc. Reduce -25.0% 1.11% −1.57
BABA 07/09/32 CVT PUT Sold out 0.00% −1.56
SOFI Sofi Technologies Inc. Sold out 0.00% −1.30
KGS Kodiak Gas Services Inc. Reduce -58.3% 0.81% −1.20
NIO Nio Inc. - ADR Reduce -50.0% 0.67% −1.15
WISTR 10/23/30 CVT PUT Sold out 0.00% −1.09
ZOETIS INC (ZTS 0.25 06/15/29) Sold out 0.00% −1.05
MMYT Makemytrip Ltd. Sold out 0.00% −0.92
CAI Caris Life Sciences Inc. Reduce -70.4% 0.12% −0.89
STC Stewart Information Services Sold out 0.00% −0.88
NBIS 2 3/4 09/15/32 Sold out 0.00% −0.85
BITDEER TECHNOLOGIES GRP (BTDR 4 11/15/31) Sold out 0.00% −0.81
VOYAGER SPACE HOLDINGS I (VOYG 0.75 11/15/30) Sold out 0.00% −0.77
NVTS Navitas Semiconductor Corp. Sold out 0.00% −0.71
CLEANSPARK INC (CLSK 0 02/15/32) Sold out 0.00% −0.67
CHECK POINT SOFTWARE (CHKP 0 12/15/30) Sold out 0.00% −0.67
BABA Alibaba Group Holding-SP ADR Sold out 0.00% −0.65
JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) Sold out 0.00% −0.59
TE T1 Energy Inc. Sold out 0.00% −0.58
OGE Oge Energy Corp. Sold out 0.00% −0.57
EXELON CORP (EXC 3.25 03/15/29) Sold out 0.00% −0.53
ALM Almonty Industries Inc. Sold out 0.00% −0.51
KCCOP 1.750 07/10/30 CVT PUT Sold out 0.00% −0.51
FTW Eqv Ventures Acquisition C-A Sold out 0.00% −0.47
MDU Mdu Resources Group Inc. Sold out 0.00% −0.39
TERAWULF INC (WULF 0 05/01/32) Sold out 0.00% −0.38
RAMACO RESOURCES INC (METC 0 11/01/31) Sold out 0.00% −0.36
FORD MOTOR COMPANY (F 0 03/15/26) Sold out 0.00% −0.35
AST SPACEMOBILE INC (ASTS 2 01/15/36) Sold out 0.00% −0.33
NBIS 1.000 09/15/30 CVT Sold out 0.00% −0.33
XTEPI 1.500 02/18/26 CVT Sold out 0.00% −0.32
FWDI Forward Industries Inc. Reduce -25.5% 0.12% −0.28
MIR Mirion Technologies Inc. Sold out 0.00% −0.26
COIN 10/01/32 CVT Sold out 0.00% −0.26
NIQ Niq Global Intelligence PLC Reduce -44.4% 0.08% −0.25
CTRI Centuri Holdings Inc. Reduce -37.5% 0.20% −0.25
MRTFC 0.500 12/16/28 CVT Sold out 0.00% −0.23
COINBASE GLOBAL INC (COIN 0.5 06/01/26) Sold out 0.00% −0.22
HYMC Hycroft Mining Holding Co. Class A Sold out 0.00% −0.21
IREN LTD (IREN 1 06/01/33 33) Sold out 0.00% −0.21
COIN 10/01/29 CVT Sold out 0.00% −0.21
CHYM Chime Financial Inc. Class A Reduce -55.6% 0.05% −0.20

Portfolio Buys Q4 2025 → Q1 2026
MDLN Medline Inc. Class A Add +405.2% 5.61% +3.92
HYUHI 05/04/31 CVT PUT New 3.06% +3.06
TSLA Tesla Inc. New 2.83% +2.83
NVDA Nvidia Corp. New 2.66% +2.66
ZTOEC 0925 030131 CVT PUT New 2.64% +2.64
MSFT Microsoft Corp. New 2.56% +2.56
WIWYNN CORP (WIWYNN 0 04/01/31) New 2.43% +2.43
CHPAC 09/18/30 CVT PUT New 2.42% +2.42
GFS Globalfoundries Inc. New 2.22% +2.22
TT Trane Technologies PLC New 2.02% +2.02
JCI Johnson Controls Internation New 2.00% +2.00
NIPST 02/14/29 CVT New 1.88% +1.88
ORCL Oracle Corp. New 1.86% +1.86
JTGLF J&T Global Express Ltd. New 1.82% +1.82
NEBIUS GROUP NV (NBIS 1.25 03/15/31) New 1.59% +1.59
FPS Forgent Power Solutions Class A New 1.50% +1.50
NEBIUS GROUP NV (NBIS 2.625 03/15/33 .) New 1.42% +1.42
HUTAI 02/08/27 CVT New 1.38% +1.38
NIPST 02/14/31 CVT PUT New 1.25% +1.25
ZIJMF Zijin Mining Group Co. Ltd. Class H New 1.05% +1.05
DUKE ENERGY CORP (DUK 3 03/15/29) New 0.97% +0.97
GEV GE Vernova Inc. New 0.97% +0.97
HNSPF Hansoh Pharmaceutical Group New 0.92% +0.92
DOCN Digitalocean Holdings Inc. New 0.90% +0.90
GDS GDS Holdings Ltd. - ADR New 0.84% +0.84
PIAIF Ping An Insurance Group Co. Class H New 0.79% +0.79
LXU LSB Industries Inc. New 0.78% +0.78
LAR Lithium Argentina AG New 0.73% +0.73
ZM Zoom Communications Inc. New 0.72% +0.72
LTM Latam Airlines Group SA-ADR New 0.68% +0.68
HEI Heico Corp. New 0.68% +0.68
AS Amer Sports Inc. Add +380.0% 1.09% +0.68
SARO Standardaero Inc. Add +500.0% 0.86% +0.60
IONQ Ionq Inc. New 0.60% +0.60
WICOF Wistron Corp. New 0.58% +0.58
RDDT Reddit Inc. Class A New 0.56% +0.56
JOBY Joby Aviation Inc. Add +943.2% 0.72% +0.54
VSEC Vse Corp. Add +328.6% 0.77% +0.50
KTOS Kratos Defense & Security Add +200.0% 1.17% +0.49
JAN Janus Living Inc. Class-A-1 New 0.49% +0.49
VIPS Vipshop Holdings Ltd. - ADR New 0.44% +0.44
IPFXU Inflection Point Acquisition New 0.42% +0.42
NSC Norfolk Southern Corp. New 0.41% +0.41
FTW Presidio Production Co. Class A New 0.39% +0.39
JPM 010 011229 MTN New 0.38% +0.38
QXO Qxo Inc. Add +400.0% 0.54% +0.37
VNOM Viper Energy Inc. Class A Add +300.0% 0.52% +0.35
BE Bloom Energy Corp. Class A New 0.34% +0.34
HSAI Hesai Group New 0.32% +0.32
MDA Mda Space Ltd. New 0.32% +0.32

Notes & Other Activity Q4 2025 → Q1 2026
ORACLE CORP (ORCL 6.5 01/15/29 D) 6.5 DEP CUM SR D New 450,000 $20.6M
IEAGR Infinite Eagle Acquis-Rights RIGHT 01/13/2031 New 450,000 $81K

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