Graham Capital Management, L.P.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Graham Capital Management, L.P. reported 976 stock positions worth $1.9 billion. Its top holding was iShares Bitcoin Trust ETF (IBIT) at 5.2% of the portfolio, followed by Dollar General (DG, 2.2%) and Amazon.com (AMZN, 1.9%). Compared with Q4 2023, it opened 393 new positions, sold out of 329, added to 329 and reduced 248. The biggest buy was a new position in iShares Bitcoin Trust ETF (IBIT) and the biggest sale Duke Energy (DUK, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- ROWAYTON, CT
- CIK
- 0001315421
- Portfolio Value
- $1.9B (Q1 2024)
- SEC Filing
- 0001041062-24-000090 ↗ filed May 15, 2024
Holdings Value
Holdings 976 stocks · $1.9B
| IBIT iShares Bitcoin Trust ETF | 5.23% | 2,440,463 | $98.8M | New |
| DG Dollar General Corp. | 2.24% | 271,333 | $42.3M | Reduce -3.7% |
| AMZN Amazon.com Inc. | 1.95% | 204,044 | $36.8M | Reduce -21.6% |
| MSFT Microsoft Corp. | 1.85% | 82,940 | $34.9M | Add +31.1% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 1.70% | 18,843 | $32.1M | New |
| META Meta Platforms Inc. Class A | 1.56% | 60,861 | $29.6M | Add +11.0% |
| UBER Uber Technologies Inc. | 1.25% | 306,575 | $23.6M | Reduce -32.7% |
| C Citigroup Inc. | 1.06% | 316,915 | $20.0M | Add +1031.9% |
| SPOT Spotify Technology SA | 1.05% | 75,195 | $19.8M | Add +48.6% |
| MSI Motorola Solutions Inc. | 1.03% | 54,655 | $19.4M | Add +64.5% |
| JPM JPMorgan Chase & Co. | 1.00% | 94,332 | $18.9M | Reduce -39.1% |
| HUBB Hubbell Inc. | 1.00% | 45,422 | $18.9M | Add +382.3% |
| GOOG Alphabet Inc. Class C | 0.90% | 111,905 | $17.0M | Reduce -56.1% |
| WMT Walmart Inc. | 0.89% | 280,653 | $16.9M | Reduce -39.5% |
| NVDA Nvidia Corp. | 0.89% | 18,610 | $16.8M | Reduce -49.8% |
| CME Cme Group Inc. | 0.85% | 75,000 | $16.1M | No change |
| NFLX Netflix Inc. | 0.85% | 26,560 | $16.1M | Add +3.8% |
| PCG P G & E Corp. | 0.84% | 948,754 | $15.9M | Add +3009.8% |
| TALO Talos Energy Inc. | 0.80% | 1,087,063 | $15.1M | New |
| MU Micron Technology Inc. | 0.77% | 123,897 | $14.6M | Add +232.0% |
| XYZ Block Inc. | 0.77% | 171,721 | $14.5M | Reduce -10.3% |
| XOM Exxon Mobil Corp. | 0.76% | 122,763 | $14.3M | New |
| BX Blackstone Inc. | 0.74% | 106,399 | $14.0M | New |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 0.74% | 213,083 | $13.9M | Add +1529.2% |
| MCD McDonald's Corp. | 0.71% | 47,748 | $13.5M | Reduce -42.1% |
| EWZ iShares MSCI Brazil ETF | 0.69% | 400,000 | $13.0M | Add +300.0% |
| XBI SS SPDR S&P Biotech ETF | 0.66% | 131,000 | $12.4M | Add +4.0% |
| GM General Motors Co. | 0.65% | 272,823 | $12.4M | Add +13.7% |
| VRSK Verisk Analytics Inc. | 0.64% | 50,938 | $12.0M | Add +54.2% |
| YUM Yum! Brands Inc. | 0.64% | 86,567 | $12.0M | Add +103.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.63% | 97,420 | $11.9M | Add +22.3% |
| SNOW Snowflake Inc. | 0.62% | 73,000 | $11.8M | Add +593.6% |
| CRM Salesforce Inc. | 0.62% | 38,629 | $11.6M | Reduce -19.3% |
| CARR Carrier Global Corp. | 0.59% | 190,833 | $11.1M | Add +196.2% |
| MAS Masco Corp. | 0.58% | 138,349 | $10.9M | Add +2620.2% |
| STT State Street Corp. | 0.58% | 140,513 | $10.9M | Add +847.1% |
| EQH Equitable Holdings Inc. | 0.56% | 280,816 | $10.7M | Add +30.0% |
| AON Aon PLC Class A | 0.56% | 31,477 | $10.5M | Reduce -1.3% |
| NET Cloudflare Inc. Class A | 0.53% | 104,222 | $10.1M | Add +36.4% |
| FCX Freeport-McMoran Inc. | 0.53% | 214,137 | $10.1M | Add +177.8% |
| GOOGL Alphabet Inc. Class A | 0.52% | 64,852 | $9.8M | Add +34.5% |
| NTAP Netapp Inc. | 0.51% | 91,639 | $9.6M | Add +176.0% |
| XME SS SPDR S&P Metals Mining | 0.49% | 155,000 | $9.3M | Add +559.6% |
| SBUX Starbucks Corp. | 0.49% | 100,584 | $9.2M | Reduce -25.8% |
| NSC Norfolk Southern Corp. | 0.47% | 34,935 | $8.9M | Add +318.9% |
| PRU Prudential Financial Inc. | 0.43% | 68,812 | $8.1M | Add +48.5% |
| MMM 3M Co. | 0.41% | 73,896 | $7.8M | Reduce -5.0% |
| SCHW Schwab (charles) Corp. | 0.41% | 106,324 | $7.7M | Add +1011.4% |
| AMD Advanced Micro Devices | 0.41% | 42,526 | $7.7M | Reduce -58.6% |
| LNG Cheniere Energy Inc. | 0.40% | 47,090 | $7.6M | No change |
| LYB Lyondellbasell Indu Class A | 0.40% | 73,528 | $7.5M | Add +480.6% |
| FLG New York Community Bancorp | 0.39% | 2,301,582 | $7.4M | New |
| TS Tenaris SA-ADR | 0.38% | 181,901 | $7.1M | New |
| URI United Rentals Inc. | 0.38% | 9,848 | $7.1M | No change |
| ITW Illinois Tool Works | 0.36% | 25,467 | $6.8M | Add +481.0% |
| TSLA Tesla Inc. | 0.36% | 38,624 | $6.8M | Reduce -24.5% |
| T AT&T Inc. | 0.36% | 381,862 | $6.7M | Reduce -31.6% |
| SWK Stanley Black & Decker Inc. | 0.35% | 68,412 | $6.7M | Add +558.9% |
| GL Globe Life Inc. | 0.35% | 57,401 | $6.7M | Add +73.2% |
| KMI Kinder Morgan Inc. | 0.34% | 346,318 | $6.4M | Add +238.8% |
| ROST Ross Stores Inc. | 0.33% | 43,104 | $6.3M | Reduce -66.8% |
| XLF SS Financial Select Sector | 0.33% | 150,000 | $6.3M | New |
| DUOL Duolingo | 0.33% | 28,269 | $6.2M | Add +337.9% |
| BR Broadridge Financial Solutio | 0.33% | 30,021 | $6.2M | Add +221.5% |
| NTRS Northern Trust Corp. | 0.31% | 65,434 | $5.8M | Add +939.3% |
| RGA Reinsurance Group of America | 0.30% | 29,820 | $5.8M | Add +3.6% |
| CBRE CBRE Group Inc. Class A | 0.30% | 58,728 | $5.7M | New |
| BKNG Booking Holdings Inc. | 0.30% | 1,560 | $5.7M | Reduce -20.5% |
| MCK McKesson Corp. | 0.29% | 10,282 | $5.5M | Add +76.5% |
| SSNC Ss&c Technologies Holdings | 0.29% | 85,302 | $5.5M | Add +2396.4% |
| BECN Beacon Roofing Supply Inc. | 0.28% | 54,420 | $5.3M | Add +48.7% |
| AWK American Water Works Co. Inc. | 0.28% | 43,502 | $5.3M | New |
| TPR Tapestry Inc. | 0.28% | 110,943 | $5.3M | New |
| UBS UBS Group AG-Reg | 0.28% | 170,209 | $5.2M | Add +1173.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.28% | 16,305 | $5.2M | Add +1213.9% |
| AAPL Apple Inc. | 0.27% | 29,840 | $5.1M | Add +1701.9% |
| TREX Trex Company Inc. | 0.27% | 51,258 | $5.1M | Add +413.6% |
| WDAY Workday Inc. Class A | 0.27% | 18,405 | $5.0M | Add +41.5% |
| ECL Ecolab Inc. | 0.27% | 21,697 | $5.0M | Reduce -57.5% |
| LNC Lincoln National Corp. | 0.26% | 155,715 | $5.0M | Reduce -7.5% |
| CNI Canadian Natl Railway Co. | 0.26% | 36,614 | $4.8M | Add +497.2% |
| UNP Union Pacific Corp. | 0.25% | 19,191 | $4.7M | Reduce -18.3% |
| RIVN Rivian Automotive Inc. Class A | 0.25% | 427,817 | $4.7M | Reduce -24.4% |
| HR Healthcare Realty Trust Inc. | 0.24% | 326,920 | $4.6M | New |
| CTAS Cintas Corp. | 0.24% | 6,725 | $4.6M | Add +1176.1% |
| PGR Progressive Corp. | 0.24% | 22,236 | $4.6M | Add +2.6% |
| TEAM Atlassian Corp. Class A | 0.24% | 23,314 | $4.5M | Add +84.7% |
| CMA Comerica Inc. | 0.24% | 81,364 | $4.5M | Add +331.0% |
| JXN Jackson Financial Inc. Class A | 0.23% | 66,868 | $4.4M | Add +505.8% |
| PEP Pepsico Inc. | 0.23% | 24,385 | $4.3M | Reduce -82.7% |
| GIS General Mills Inc. | 0.22% | 59,626 | $4.2M | New |
| HPQ HP Inc. | 0.22% | 137,825 | $4.2M | Reduce -51.7% |
| SYF Synchrony Financial | 0.22% | 96,217 | $4.1M | Add +24.5% |
| MET Metlife Inc. | 0.22% | 55,844 | $4.1M | Add +834.9% |
| ENTG Entegris Inc. | 0.22% | 29,018 | $4.1M | New |
| KR Kroger Co. | 0.21% | 71,061 | $4.1M | Add +141.9% |
| XRAY Dentsply Sirona Inc. | 0.21% | 121,089 | $4.0M | New |
| CW Curtiss-Wright Corp. | 0.21% | 15,497 | $4.0M | Add +104.7% |
| FTI Technipfmc PLC | 0.21% | 156,262 | $3.9M | Add +317.3% |
| STX Seagate Technology Holdings | 0.20% | 41,558 | $3.9M | Add +581.1% |
Options reported separately and not counted above: MSTR puts ($890.6M), IWM puts ($632.8M), QQQ puts ($75.5M), RIVN puts ($23.5M), SAVEQ puts ($22.3M), CYTK puts ($20.0M), MAXNQ puts ($18.7M), PCT puts ($14.2M), BBIO puts ($12.0M), EPD calls ($11.7M), LCID puts ($11.3M), ABR puts ($8.2M), and 12 more.
Other holdings (27): bonds, preferreds, convertibles and warrants · $1.6B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MICROSTRATEGY INC (MSTR 0.75 12/15/25) | NOTE 0.750%12/1 · principal | 56,366,000 | $241.8M | Reduce -56.1% |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | 70,181,000 | $211.0M | No change |
| ZILLOW GROUP INC (Z 0.75 09/01/24) | NOTE 0.750% 9/0 · principal | 166,836,000 | $197.3M | Reduce -3.2% |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | 104,000,000 | $142.3M | New |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | 89,510,000 | $126.6M | Reduce -8.7% |
| TILRAY BRANDS INC (TLRY 5.2 06/15/27) | NOTE 5.200% 6/1 · principal | 83,500,000 | $98.9M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 73,241,000 | $78.9M | No change |
| TRANSOCEAN INTERNTNL LTD (RIG 4 12/15/25 *) | DEB 4.000%12/1 · principal | 52,326,000 | $74.9M | No change |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 52,500,000 | $57.7M | New |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 41,257,000 | $42.2M | Add +7.8% |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 37,206,000 | $40.0M | New |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | 31,179,000 | $34.0M | New |
| GEO CORRECTIONS HLDGS (GEO 6.5 02/23/26) | NOTE 6.500% 2/2 · principal | 18,600,000 | $31.9M | No change |
| MAXEON SOLAR TECH (MAXN 6.5 07/15/25) | NOTE 6.500% 7/1 · principal | 56,573,000 | $31.2M | No change |
| MANNKIND CORP (MNKD 2.5 03/01/26) | NOTE 2.500% 3/0 · principal | 24,400,000 | $27.2M | Add +313.6% |
| BLOOM ENERGY CORP (BE 2.5 08/15/25) | NOTE 2.500% 8/1 · principal | 25,529,000 | $26.8M | Reduce -40.0% |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 26,388,000 | $24.0M | Reduce -25.7% |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | NOTE 1.750% 2/1 · principal | 31,929,000 | $23.5M | No change |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 25,255,000 | $19.1M | New |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | 44,685,000 | $18.4M | New |
| GROUPON INC (GRPN 1.125 03/15/26) | NOTE 1.125% 3/1 · principal | 20,000,000 | $15.9M | Add +77.8% |
| NOVAVAX INC (NVAX 5 12/15/27) | NOTE 5.000%12/1 · principal | 23,800,000 | $14.8M | New |
| ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | NOTE 7.500% 8/0 · principal | 12,200,000 | $12.1M | Reduce -25.8% |
| PLUG POWER INC (PLUG 3.75 06/01/25) | NOTE 3.750% 6/0 · principal | 11,184,000 | $11.4M | Reduce -55.4% |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | 11,765,000 | $11.3M | New |
| ZILLOW GROUP INC (Z 1.375 09/01/26) | NOTE 1.375% 9/0 · principal | 6,553,000 | $8.1M | New |
| SPIRIT AIRLINES INC (SAVE 1 05/15/26) | NOTE 1.000% 5/1 · principal | 8,500,000 | $4.1M | Add +325.0% |
Total filed on the 13F, all lines: $3.5B.
Portfolio Sells Q4 2023 → Q1 2024
| DUK Duke Energy Corp. | Reduce -98.8% | 0.01% | −1.31 |
| GOOG Alphabet Inc. Class C | Reduce -56.1% | 0.90% | −1.28 |
| PEP Pepsico Inc. | Reduce -82.7% | 0.23% | −1.23 |
| BAC Bank of America Corp. | Reduce -88.6% | 0.15% | −1.16 |
| PSA Public Storage | Reduce -98.1% | 0.02% | −1.14 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −0.88 |
| HES Hess Corp. | Sold out | 0.00% | −0.83 |
| SO The Southern Co. | Sold out | 0.00% | −0.83 |
| MCD McDonald's Corp. | Reduce -42.1% | 0.71% | −0.77 |
| ROST Ross Stores Inc. | Reduce -66.8% | 0.33% | −0.76 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.74 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.73 |
| CFG Citizens Financial Group | Reduce -93.6% | 0.04% | −0.60 |
| JPM JPMorgan Chase & Co. | Reduce -39.1% | 1.00% | −0.60 |
| ZS Zscaler Inc. | Reduce -85.4% | 0.07% | −0.59 |
| WMT Walmart Inc. | Reduce -39.5% | 0.89% | −0.58 |
| GPC Genuine Parts Co. | Reduce -95.0% | 0.03% | −0.57 |
| RIVN Rivian Automotive Inc. Class A | Reduce -24.4% | 0.25% | −0.56 |
| BP BP PLC-Spons ADR | Reduce -77.3% | 0.14% | −0.54 |
| AMD Advanced Micro Devices | Reduce -58.6% | 0.41% | −0.51 |
| HUM Humana Inc. | Sold out | 0.00% | −0.48 |
| SKX Skechers USA Inc. Class A | Reduce -89.2% | 0.05% | −0.47 |
| CNC Centene Corp. | Reduce -84.7% | 0.08% | −0.47 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −0.46 |
| GSM Ferroglobe PLC | Sold out | 0.00% | −0.46 |
| AMZN Amazon.com Inc. | Reduce -21.6% | 1.95% | −0.45 |
| UBER Uber Technologies Inc. | Reduce -32.7% | 1.25% | −0.45 |
| V Visa Inc. Class A | Reduce -94.7% | 0.02% | −0.45 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.42 |
| TSLA Tesla Inc. | Reduce -24.5% | 0.36% | −0.41 |
| GRMN Garmin Ltd. | Sold out | 0.00% | −0.36 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.36 |
| ECL Ecolab Inc. | Reduce -57.5% | 0.27% | −0.35 |
| DRI Darden Restaurants Inc. | Reduce -94.3% | 0.02% | −0.34 |
| SAIA Saia Inc. | Sold out | 0.00% | −0.33 |
| RL Ralph Lauren Corp. | Reduce -76.8% | 0.12% | −0.32 |
| NYT New York Times Co. Class A | Reduce -87.0% | 0.04% | −0.32 |
| CUBE Cubesmart | Sold out | 0.00% | −0.32 |
| KMX Carmax Inc. | Sold out | 0.00% | −0.31 |
| EFX Equifax Inc. | Reduce -93.8% | 0.02% | −0.31 |
| SBUX Starbucks Corp. | Reduce -25.8% | 0.49% | −0.30 |
| HPQ HP Inc. | Reduce -51.7% | 0.22% | −0.30 |
| IWM iShares Russell 2000 ETF | Reduce -94.2% | 0.02% | −0.30 |
| AFL Aflac Inc. | Sold out | 0.00% | −0.28 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −0.27 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.26 |
| FIS Fidelity National Info Serv | Reduce -84.1% | 0.05% | −0.24 |
| SHW The Sherwin-Williams Co. | Reduce -84.9% | 0.04% | −0.23 |
| MGM MGM Resorts International | Reduce -86.0% | 0.03% | −0.23 |
| FIVE Five Below | Sold out | 0.00% | −0.22 |
Portfolio Buys Q4 2023 → Q1 2024
| IBIT iShares Bitcoin Trust ETF | New | 5.23% | +5.23 |
| MSTR Strategy Inc. | New | 1.70% | +1.70 |
| C Citigroup Inc. | Add +1031.9% | 1.06% | +0.97 |
| HUBB Hubbell Inc. | Add +382.3% | 1.00% | +0.81 |
| PCG P G & E Corp. | Add +3009.8% | 0.84% | +0.81 |
| TALO Talos Energy Inc. | New | 0.80% | +0.80 |
| XOM Exxon Mobil Corp. | New | 0.76% | +0.76 |
| BX Blackstone Inc. | New | 0.74% | +0.74 |
| ZM Zoom Communications Inc. | Add +1529.2% | 0.74% | +0.68 |
| MU Micron Technology Inc. | Add +232.0% | 0.77% | +0.58 |
| MAS Masco Corp. | Add +2620.2% | 0.58% | +0.56 |
| STT State Street Corp. | Add +847.1% | 0.58% | +0.51 |
| SNOW Snowflake Inc. | Add +593.6% | 0.62% | +0.50 |
| EWZ iShares MSCI Brazil ETF | Add +300.0% | 0.69% | +0.47 |
| SPOT Spotify Technology SA | Add +48.6% | 1.05% | +0.47 |
| XME SS SPDR S&P Metals Mining | Add +559.6% | 0.49% | +0.41 |
| MSFT Microsoft Corp. | Add +31.1% | 1.85% | +0.40 |
| MSI Motorola Solutions Inc. | Add +64.5% | 1.03% | +0.40 |
| FLG New York Community Bancorp | New | 0.39% | +0.39 |
| META Meta Platforms Inc. Class A | Add +11.0% | 1.56% | +0.39 |
| TS Tenaris SA-ADR | New | 0.38% | +0.38 |
| SCHW Schwab (charles) Corp. | Add +1011.4% | 0.41% | +0.37 |
| CARR Carrier Global Corp. | Add +196.2% | 0.59% | +0.36 |
| NSC Norfolk Southern Corp. | Add +318.9% | 0.47% | +0.35 |
| XLF SS Financial Select Sector | New | 0.33% | +0.33 |
| FCX Freeport-McMoran Inc. | Add +177.8% | 0.53% | +0.33 |
| NTAP Netapp Inc. | Add +176.0% | 0.51% | +0.33 |
| LYB Lyondellbasell Indu Class A | Add +480.6% | 0.40% | +0.33 |
| CBRE CBRE Group Inc. Class A | New | 0.30% | +0.30 |
| YUM Yum! Brands Inc. | Add +103.0% | 0.64% | +0.30 |
| SWK Stanley Black & Decker Inc. | Add +558.9% | 0.35% | +0.29 |
| ITW Illinois Tool Works | Add +481.0% | 0.36% | +0.29 |
| AWK American Water Works Co. Inc. | New | 0.28% | +0.28 |
| TPR Tapestry Inc. | New | 0.28% | +0.28 |
| SSNC Ss&c Technologies Holdings | Add +2396.4% | 0.29% | +0.28 |
| NTRS Northern Trust Corp. | Add +939.3% | 0.31% | +0.28 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +1213.9% | 0.28% | +0.26 |
| UBS UBS Group AG-Reg | Add +1173.9% | 0.28% | +0.25 |
| AAPL Apple Inc. | Add +1701.9% | 0.27% | +0.25 |
| HR Healthcare Realty Trust Inc. | New | 0.24% | +0.24 |
| DUOL Duolingo | Add +337.9% | 0.33% | +0.24 |
| KMI Kinder Morgan Inc. | Add +238.8% | 0.34% | +0.23 |
| CTAS Cintas Corp. | Add +1176.1% | 0.24% | +0.23 |
| GIS General Mills Inc. | New | 0.22% | +0.22 |
| TREX Trex Company Inc. | Add +413.6% | 0.27% | +0.22 |
| ENTG Entegris Inc. | New | 0.22% | +0.22 |
| XRAY Dentsply Sirona Inc. | New | 0.21% | +0.21 |
| BR Broadridge Financial Solutio | Add +221.5% | 0.33% | +0.21 |
| CNI Canadian Natl Railway Co. | Add +497.2% | 0.26% | +0.21 |
| IBM Intl Business Machines Corp. | New | 0.20% | +0.20 |
Options Activity Q4 2023 → Q1 2024
| MSTR Strategy Inc. | put | Reduce -0.9% | 522,500 | $890.6M |
| IWM iShares Russell 2000 ETF | put | Reduce -16.9% | 3,009,200 | $632.8M |
| QQQ Invesco QQQ Trust Series 1 | put | New | 170,000 | $75.5M |
| RIVN Rivian Automotive Inc. Class A | put | Add +103.2% | 2,141,700 | $23.5M |
| SAVEQ Spirit Airlines Inc. | put | New | 4,605,800 | $22.3M |
| MAXNQ Maxeon Solar Technologie | put | Add +3.2% | 5,628,400 | $18.7M |
| BXMT Blackstone Mortgage Tru Class A | put | Sold out | 875,800 | $18.6Mbefore exit |
| PCT Purecycle Technologies Inc. | put | Reduce -7.1% | 2,290,900 | $14.2M |
| EEM iShares MSCI Emerging Market | put | Sold out | 300,000 | $12.1Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 25,000 | $11.9Mbefore exit |
| LCID Lucid Group Inc. | put | Add +92.6% | 3,970,500 | $11.3M |
| CVNA Carvana Co. | put | Sold out | 207,000 | $11.0Mbefore exit |
| ABR Arbor Realty Trust Inc. | put | Reduce -37.1% | 621,700 | $8.2M |
| BTU Peabody Energy Corp. | put | Reduce -78.9% | 327,100 | $7.9M |
| CCL Carnival Corp. | put | Sold out | 394,200 | $7.3Mbefore exit |
| NOVAQ Sunnova Energy International | put | New | 1,154,600 | $7.1M |
| NVAX Novavax Inc. | put | Add +86.5% | 1,307,200 | $6.2M |
| FSRNQ Fisker Inc. | put | Sold out | 1,690,700 | $3.0Mbefore exit |
| MAXNQ Maxeon Solar Technologie | call | Reduce -38.8% | 771,000 | $2.6M |
| PLUG Plug Power Inc. | put | Reduce -75.2% | 724,100 | $2.5M |
| IWM iShares Russell 2000 ETF | call | New | 2,000 | $421K |
| AMZN Amazon.com Inc. | call | New | 1,500 | $271K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024
| MICROSTRATEGY INC (MSTR 0.75 12/15/25) | NOTE 0.750%12/1 · principal | Reduce -56.1% | 56,366,000 | $241.8M |
| ZILLOW GROUP INC (Z 0.75 09/01/24) | NOTE 0.750% 9/0 · principal | Reduce -3.2% | 166,836,000 | $197.3M |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | New | 104,000,000 | $142.3M |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | Reduce -8.7% | 89,510,000 | $126.6M |
| BILL HOLDINGS INC (BILL 0 12/01/25) | NOTE 12/0 · principal | Sold out | 64,573,000 | $60.7Mbefore exit |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | New | 52,500,000 | $57.7M |
| OPKO HEALTH INC (OPK 4.5 02/15/25) | NOTE 4.500% 2/1 · principal | Sold out | 54,524,000 | $53.5Mbefore exit |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Sold out | 29,489,000 | $44.8Mbefore exit |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | Add +7.8% | 41,257,000 | $42.2M |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | New | 37,206,000 | $40.0M |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | New | 31,179,000 | $34.0M |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | Sold out | 17,100,000 | $30.2Mbefore exit |
| MANNKIND CORP (MNKD 2.5 03/01/26) | NOTE 2.500% 3/0 · principal | Add +313.6% | 24,400,000 | $27.2M |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | Sold out | 40,294,000 | $27.0Mbefore exit |
| BLOOM ENERGY CORP (BE 2.5 08/15/25) | NOTE 2.500% 8/1 · principal | Reduce -40.0% | 25,529,000 | $26.8M |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | Reduce -25.7% | 26,388,000 | $24.0M |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | New | 25,255,000 | $19.1M |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | New | 44,685,000 | $18.4M |
| GROUPON INC (GRPN 1.125 03/15/26) | NOTE 1.125% 3/1 · principal | Add +77.8% | 20,000,000 | $15.9M |
| NOVAVAX INC (NVAX 5 12/15/27) | NOTE 5.000%12/1 · principal | New | 23,800,000 | $14.8M |
| ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | NOTE 7.500% 8/0 · principal | Reduce -25.8% | 12,200,000 | $12.1M |
| PLUG POWER INC (PLUG 3.75 06/01/25) | NOTE 3.750% 6/0 · principal | Reduce -55.4% | 11,184,000 | $11.4M |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | New | 11,765,000 | $11.3M |
| ZILLOW GROUP INC (Z 1.375 09/01/26) | NOTE 1.375% 9/0 · principal | New | 6,553,000 | $8.1M |
| SPIRIT AIRLINES INC (SAVE 1 05/15/26) | NOTE 1.000% 5/1 · principal | Add +325.0% | 8,500,000 | $4.1M |
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 | 1,134 | $2.6B | NVDA, AMZN, GOOG, C, HYG |
| Q1 2026 | 1,056 | $2.2B | AMZN, NVDA, GOOG, EWY, C |
| Q4 2025 | 1,139 | $2.0B | IBIT, AMZN, META, EWC, NVDA |
| Q3 2025 | 1,146 | $1.8B | IBIT, GDX, XLU, AMZN, VTV |
| Q2 2025 | 1,220 | $3.3B | PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28), IBIT, COINBASE GLOBAL INC (COIN 0.5 06/01/26), PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30), NOVAVAX INC (NVAX 5 12/15/27) |
| Q1 2025 | 1,197 | $2.2B | IBIT, XLU, C, CME, META |
| Q4 2024 | 1,151 | $2.0B | IBIT, MSTR, NVDA, HYG, META |
| Q3 2024 | 1,008 | $1.9B | IBIT, META, MSFT, NVDA, WMT |
| Q2 2024 | 952 | $1.6B | IBIT, MSTR, META, HES, KO |
| Q1 2024 | 976 | $1.9B | IBIT, DG, AMZN, MSFT, MSTR |