Highbridge Capital Management LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Highbridge Capital Management LLC reported 169 stock positions worth $1.0 billion. Its top holding was Electronic Arts (EA) at 10.7% of the portfolio, followed by Hologic (HOLX, 6.0%) and Wix.com (WIX, 3.7%). Compared with Q4 2025, it opened 111 new positions, sold out of 48, added to 27 and reduced 13. The biggest buy was a new position in Wix.com (WIX) and the biggest sale an exit from Cyberark Software Ltd./Israel (CYBR).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000919185
- Portfolio Value
- $1.0B (Q1 2026)
- SEC Filing
- 0000919185-26-000004 ↗ filed May 15, 2026
Holdings Value
Holdings 169 stocks · $1.0B
| EA Electronic Arts Inc. | 10.67% | 545,915 | $110.6M | Add +3.2% |
| HOLX Hologic Inc. | 5.99% | 821,157 | $62.0M | Add +34.2% |
| WIX Wix.com Ltd. | 3.69% | 424,624 | $38.2M | New |
| CWAN Clearwater Analytics HDS-A | 3.65% | 1,605,137 | $37.8M | New |
| NVRI Enviri Corp. | 3.31% | 1,818,554 | $34.3M | Add +21.6% |
| BHF Brighthouse Financial Inc. | 2.53% | 438,372 | $26.3M | Add +59.2% |
| BELFA Bel Fuse Inc. Class A | 2.41% | 138,469 | $25.0M | New |
| PPLI People Inc. filed as IAC INC | 2.15% | 568,456 | $22.2M | Add +36.2% |
| FAC Factorial Energy Inc. filed as CARTESIAN GROWTH CORP III | 2.00% | 2,025,000 | $20.8M | Add +1.3% |
| KVUE Kenvue Inc. | 1.95% | 1,174,353 | $20.2M | No change |
| NWE Northwestern Energy Group Inc. | 1.83% | 287,318 | $18.9M | New |
| AES AES Corp. | 1.81% | 1,337,034 | $18.7M | New |
| HDRN Hadron Energy Inc. filed as GIGCAPITAL7 CORP | 1.78% | 1,734,352 | $18.5M | Reduce -7.7% |
| DRDB Roman DBDR Acquisition Corp. | 1.74% | 1,719,358 | $18.0M | Add +587.7% |
| ENHA Enhanced Group Inc. filed as A PARADISE ACQUISITION CORP | 1.69% | 1,722,744 | $17.5M | Add +94.8% |
| ONEN One Nuclear Energy Inc. filed as HENNESSY CAP INVT CORP VII | 1.66% | 1,661,835 | $17.2M | Add +10.8% |
| TONT Graf Global Corp. Class A | 1.56% | 1,512,722 | $16.2M | Add +0.8% |
| BCAR D. Boral Arc Acquisit Class A | 1.49% | 1,525,100 | $15.4M | New |
| ELME Elme Communities | 1.44% | 7,496,036 | $14.9M | Add +33.0% |
| MBVI M3-Brigade Acquisition Class A | 1.43% | 1,470,000 | $14.8M | No change |
| WBD Warner Bros Discovery Inc. | 1.42% | 543,310 | $14.7M | New |
| ARTC Art Technology Acquisit Class A | 1.42% | 1,500,000 | $14.7M | New |
| DMAA Drugs Made in America Acquis | 1.34% | 1,323,351 | $13.9M | New |
| SSAC Spacsphere Acquisition Class A | 1.33% | 1,390,123 | $13.7M | New |
| BATRK Atlanta Braves Holdings in-C | 1.26% | 310,215 | $13.0M | Reduce -27.2% |
| KTWO K2 Capital Acquisition Class A filed as K2 CAP ACQUISITION CORP | 1.18% | 1,237,860 | $12.2M | New |
| EMPD Empery Digital Inc. | 1.17% | 2,867,636 | $12.1M | Add +55.9% |
| GIX GIGCAPITAL9 Corp. Class A | 1.16% | 1,228,222 | $12.1M | New |
| CRAN Crane Harbor Acquisitio Class A | 1.15% | 1,200,000 | $11.9M | No change |
| AEXA American Exceptionalism Class A | 1.05% | 1,000,300 | $10.9M | Add +755.0% |
| CCIX Churchill Capital Corp. Ix | 1.04% | 1,004,705 | $10.7M | New |
| TRAD.U Apex Tech Acquisition Inc. | 1.02% | 1,057,987 | $10.6M | New |
| HCMA HCM III Acquisition Cor Class A | 0.97% | 1,000,000 | $10.1M | No change |
| HACQU HCM IV Acquisition Corp. | 0.97% | 1,000,000 | $10.0M | New |
| FMACU Future Money Acquisition Cor | 0.92% | 950,000 | $9.5M | New |
| BHAVU Bhav Acquisition Corp. | 0.91% | 950,000 | $9.5M | New |
| XFLH XFLH Capital Corp. | 0.90% | 941,031 | $9.3M | New |
| GLED.U Galaxyedge Acquisition Corp. | 0.88% | 906,700 | $9.1M | New |
| CAEP Cantor Equity Partners III-A | 0.86% | 863,812 | $8.9M | Add +21.6% |
| FGII FG Imperii Acquisition Class A | 0.85% | 888,399 | $8.8M | New |
| STHO Star Holdings filed as STAR HLDGS | 0.81% | 1,137,976 | $8.4M | Reduce -4.7% |
| BEAG Bold Eagle Acquisition Cor-A | 0.78% | 765,366 | $8.1M | New |
| LEGT Legato Merger Corp. III | 0.75% | 712,175 | $7.8M | Add +60.2% |
| TVA Texas Ventures Acquisition-A | 0.74% | 738,748 | $7.7M | New |
| SUMAU Suma Acquisition Corp. | 0.69% | 714,546 | $7.1M | New |
| FG MERGER II CORP | 0.68% | 700,346 | $7.1M | Add +25.1% |
| LLYVK Liberty Live Holdings Class C | 0.66% | 75,886 | $6.8M | Add +977.2% |
| CTAAU Clearthink 1 Acquisition Cor | 0.66% | 680,691 | $6.8M | New |
| QADRU Qdro Acquisition Corp. | 0.64% | 668,693 | $6.6M | New |
| ANSC Agriculture & Natural Soluti | 0.61% | 558,600 | $6.3M | New |
| WLAC Willow Lane Acquisition Class A | 0.59% | 573,590 | $6.1M | Add +78.2% |
| CEPV Cantor Equity Partners Class A | 0.58% | 600,000 | $6.1M | No change |
| CEPT Cantor Equity Partners Class A | 0.57% | 546,962 | $5.9M | Reduce -58.6% |
| PONOU Pono Capital Four Inc. | 0.54% | 562,569 | $5.6M | New |
| GLIBK Liberty Capital Corp. Class C filed as GCI LIBERTY INC | 0.54% | 152,866 | $5.6M | Reduce -55.2% |
| NBRG Newbridge Acquisition Ltd. Class A | 0.51% | 530,990 | $5.2M | New |
| SRPT Sarepta Therapeutics Inc. | 0.49% | 250,000 | $5.1M | Reduce -37.5% |
| TACO Berto Acquisition Corp. | 0.49% | 500,000 | $5.1M | No change |
| CRAC Crown Reserve Acquisiti Class A | 0.48% | 500,801 | $5.0M | New |
| GPAT GP-Act III Acquisition-A | 0.47% | 452,072 | $4.9M | New |
| IPCX Inflection Point Acquisiti-A | 0.43% | 439,434 | $4.5M | New |
| ELBM Electra Battery Materials Co. | 0.42% | 7,842,747 | $4.4M | New |
| KCAC.U Kensington Capital Acquisiti | 0.40% | 415,059 | $4.2M | New |
| SBET Sharplink Inc. | 0.40% | 688,953 | $4.1M | Add +34.4% |
| CEPF Cantor Equity Partners Class A | 0.37% | 378,558 | $3.9M | Add +131.3% |
| NPAC New Providence Acquisition-A | 0.36% | 368,145 | $3.8M | New |
| RNGT Range Capital Acquisit Class A | 0.36% | 374,383 | $3.7M | New |
| IPFXU Inflection Point Acquisition | 0.35% | 354,240 | $3.6M | New |
| AEAQ Activate Energy Acquisitio-A | 0.33% | 339,353 | $3.4M | Add +33835.3% |
| DCH Dauch Corporation | 0.30% | 580,000 | $3.2M | Add +329.6% |
| MACI Melar Acquisition Corp. I-A | 0.30% | 288,804 | $3.1M | New |
| BCSS Bain Capital GSS Inv- A | 0.29% | 300,000 | $3.0M | No change |
| BDCI BTC Development Corp. Class A | 0.29% | 300,000 | $3.0M | No change |
| ALF Centurion Acquisition Corp. | 0.28% | 264,997 | $2.9M | New |
| XRPN Armada Acquisition Class A | 0.27% | 274,729 | $2.8M | New |
| MLAA Mountain Lake Acquisiti Class A | 0.26% | 277,003 | $2.7M | New |
| WHR Whirlpool Corp. | 0.26% | 52,500 | $2.7M | Add +128.3% |
| LKSP Lake Superior Acquisiti Class A | 0.26% | 264,500 | $2.7M | New |
| INAC Indigo Acquisition Corp. | 0.25% | 249,955 | $2.5M | New |
| NWL Newell Brands Inc. | 0.23% | 717,500 | $2.4M | Add +1137.1% |
| NMP NMP Acquisition Corp. Class A | 0.23% | 232,398 | $2.4M | New |
| DYNC Dynamix Corp. | 0.22% | 217,879 | $2.3M | New |
| DMII Drugs Made in America Acquis | 0.22% | 225,004 | $2.2M | New |
| BTDR Bitdeer Technologies Group-A | 0.22% | 283,500 | $2.2M | No change |
| NAVI Navient Corp. | 0.21% | 263,964 | $2.1M | Add +306.1% |
| TAVI Tavia Acquisition Corp. | 0.19% | 187,782 | $2.0M | New |
| CUB Lionheart Holdings Class A | 0.19% | 183,352 | $2.0M | New |
| TVAI Thayer Ventures Acquis Class A | 0.18% | 185,380 | $1.9M | New |
| POLE Andretti Acquisition Corp. Class A | 0.18% | 176,241 | $1.9M | New |
| PLMK Plum Acquisition Corp. IV | 0.18% | 173,488 | $1.8M | New |
| ORIQ Origin Investment Corp. I | 0.16% | 159,187 | $1.6M | New |
| RANG Range Capital Acquisition Co. | 0.14% | 138,372 | $1.5M | New |
| WSTN Westin Acquisition Corp. Class A | 0.14% | 145,299 | $1.5M | New |
| HTZ Hertz Global Hldgs Inc. | 0.12% | 288,918 | $1.3M | Add +136.0% |
| JACS Jackson Acquisition Co. Class A | 0.12% | 121,824 | $1.3M | New |
| LPBB Launch Two Acquisition Class A | 0.12% | 115,412 | $1.2M | New |
| QUMS Quantumsphere Acquisition Co. | 0.12% | 121,078 | $1.2M | New |
| IRHO Iron Horse Acquisitions Corp. | 0.11% | 115,454 | $1.1M | New |
| KFII K&F Growth Acquisition Cor-A | 0.11% | 106,065 | $1.1M | New |
| GTEN Gores Holdings X Inc. Class A | 0.10% | 100,000 | $1.0M | No change |
Options reported separately and not counted above: ISHARES TR puts ($433.5M), STATE STR SPDR S&P 500 ETF T puts ($316.0M), ISHARES TR puts ($186.9M), SPDR SERIES TRUST puts ($151.3M), ELECTRONIC ARTS INC puts ($81.0M), SUPER MICRO COMPUTER INC puts ($67.2M), ISHARES TR calls ($65.1M), ISHARES TR puts ($60.7M), ISHARES TR calls ($31.0M), NVIDIA CORPORATION puts ($29.4M), AVIS BUDGET GROUP INC puts ($23.8M), ISHARES BITCOIN TRUST ETF puts ($21.8M), and 5 more.
Other holdings (192): bonds, preferreds, convertibles and warrants · $539.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 50,000,000 | $68.5M | No change |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 57,306,000 | $54.7M | No change |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 41,235,000 | $48.9M | Reduce -15.4% |
| IRONWOOD PHARMACEUTICALS (IRWD 1.5 06/15/26) | NOTE 1.500% 6/1 · principal | 46,942,000 | $46.1M | No change |
| NEXTERA ENERGY INC (NEE 7.375 02/15/29) | UNIT 02/15/2029 | 800,000 | $40.1M | New |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 38,000,000 | $36.9M | Add +1420.0% |
| MARA HOLDINGS INC (MARA 0 03/01/30) | NOTE 3/0 · principal | 35,313,000 | $31.4M | Add +11.0% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 26,500,000 | $21.1M | Reduce -18.5% |
| ZENAS BIOPHARMA INC (ZBIO 2.5 04/01/32) | NOTE 2.500% 4/0 · principal | 20,000,000 | $19.8M | New |
| SUPER MICRO COMPUTER INC (SMCI 2.25 07/15/28) | NOTE 2.250% 7/1 · principal | 22,000,000 | $18.9M | New |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 15,892,000 | $18.1M | Reduce -38.6% |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 15,000,000 | $15.5M | New |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 15,234,000 | $14.2M | Reduce -47.9% |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | 15,000,000 | $12.5M | New |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | 10,000,000 | $9.9M | New |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 150,000 | $8.6M | New |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 150,000 | $8.0M | New |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 7,103,000 | $6.9M | No change |
| INOTIV INC (NOTV 3.25 10/15/27) | NOTE 3.250%10/1 · principal | 28,250,000 | $6.7M | No change |
| WOLFSPEED INC (WOLF 2.5 06/15/31) | NOTE 2.500% 6/1 · principal | 3,775,000 | $5.9M | Reduce -37.0% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 5,000,000 | $5.7M | New |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 5,000,000 | $5.2M | New |
| STRATEGY INC (MSTR 0 03/01/30) | NOTE 3/0 · principal | 5,000,000 | $5.0M | New |
| MARA HOLDINGS INC (MARA 1 12/01/26) | NOTE 1.000%12/0 · principal | 3,500,000 | $3.4M | Add +250.0% |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 · principal | 1,093,267 | $2.4M | Reduce -18.0% |
| NOVANTA INC (NOVT 6.5 11/01/28) | UNIT 11/01/2028 | 45,000 | $2.4M | No change |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | 6,000,000 | $2.4M | Add +100.0% |
| PPL CORPORATION (PPL 7 02/15/29) | UNIT 02/15/2029 | 40,000 | $2.0M | New |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 · principal | 1,881,509 | $1.9M | Add +375.4% |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | 1,000,000 | $889K | New |
| IAUX.WS I-80 Gold Corp. -26 | *W EXP 11/16/202 · principal | 700,000 | $606K | No change |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 · principal | 956,648 | $574K | Reduce -44.0% |
| FACWW Cartesian Growth Corp. -30 | *W EXP 05/02/203 · principal | 712,078 | $498K | Add +0.1% |
| VWAVW Visionwave Holdings Inc. | *W EXP 07/14/203 · principal | 452,514 | $475K | Reduce -38.8% |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 · principal | 569,169 | $285K | Add +37.3% |
| AFJKR Aimei Health Technology Co. L | RIGHT 11/17/2028 | 873,044 | $275K | Reduce -3.0% |
| APADR A Paradise Acquisition Corp. | RIGHT 07/29/2025 | 598,472 | $263K | Add +12.8% |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 · principal | 845,020 | $253K | Add +26.1% |
| AFRIW Forafric Global PLC -CW27 | *W EXP 06/09/202 · principal | 402,804 | $242K | Reduce -22.3% |
| GIXXR GIGCAPITAL9 Corp.-RTS | RIGHT 12/01/2030 | 898,892 | $225K | New |
| VNMEW Vendome Acquisition Corp. I | *W EXP 07/03/202 · principal | 822,122 | $222K | Add +6.2% |
| RFAIR RF Acquisition Corp. II | RIGHT 05/01/2026 | 1,936,837 | $217K | Add +5.5% |
| GIWWR GIGCAPITAL8 Corp.-RTS | RIGHT 09/30/2030 | 747,951 | $209K | Add +19.7% |
| MEVOW M Evo Global Acq -31 | *W EXP 02/18/203 · principal | 602,612 | $205K | New |
| DYORW Insight Digital Partners II | *W EXP 10/28/203 · principal | 694,451 | $201K | Add +273.2% |
| BKHAR Black Hawk Acquisition C-RTS | RIGHT 06/20/2025 | 142,544 | $192K | No change |
| APXTW Apex Treasury Corp. -30 | *W EXP 10/07/203 · principal | 794,114 | $191K | Add +31.7% |
| QETAR Quetta Acquisition Corp.-RTS | RIGHT 99/99/9999 | 140,526 | $190K | Reduce -0.2% |
| DNMXW Dynamix Corp. III | *W EXP 10/10/203 · principal | 631,993 | $190K | Add +321.7% |
| SSACR Spacsphere Acquisition C-RTS | RIGHT 02/06/2031 | 1,108,298 | $189K | New |
| AI INFRASTRUCTURE ACQUISITIO | RIGHT 99/99/9999 | 732,393 | $180K | Add +8.6% |
| WENNW Wen Acquisition Corp.-A -31 | *W EXP 99/99/999 · principal | 511,245 | $179K | New |
| QUMSR Quantumsphere Acquisition Co. | RIGHT 08/06/2030 | 690,404 | $173K | Add +0.9% |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 · principal | 137,684 | $172K | New |
| MBVIW M3-Brigade Acquisition Vi Co. | *W EXP 08/18/203 · principal | 533,260 | $171K | Add +17.3% |
| KTWOR K2 Capital Acquisition C-RTS | RIGHT 07/30/2027 | 879,522 | $167K | New |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | 540,740 | $162K | Add +40.2% |
| HVMCW Highview Merger Corp. - 30 | *W EXP 07/24/203 · principal | 646,510 | $162K | Add +58.4% |
| BEBE.WS Tge Value Creative Solutions | *W EXP 09/16/203 · principal | 551,037 | $160K | New |
| NMPAR NMP Acquisition Corp. | RIGHT 06/27/2030 | 731,280 | $146K | No change |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 · principal | 18,770 | $145K | Reduce -86.6% |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 · principal | 271,566 | $143K | Add +24.0% |
| KCHVR Kochav Defense Acquisition-R | RIGHT 05/21/2030 | 596,561 | $142K | Add +432.6% |
| CHARR Charlton Aria Acquisi-Rights | RIGHT 12/31/2026 | 1,007,600 | $141K | Reduce -14.5% |
| OBAWW Oxley Bridge Acq Ltd. -30 | *W EXP 06/17/203 · principal | 702,771 | $141K | Add +256.3% |
| EURKR Eureka Acquisition Corp.-RTS | RIGHT 07/03/2026 | 492,982 | $138K | Add +0.4% |
| ESHAR Esh Acquisition Corp. - Right | RIGHT 06/13/2028 | 811,666 | $138K | Add +1.0% |
| GTERR Globa Terra Acquisition-RTS | RIGHT 06/17/2030 | 1,048,348 | $133K | Reduce -1.7% |
| CPTWF Captivision Inc.-28 | *W EXP 11/15/202 · principal | 2,187,510 | $131K | Reduce -7.2% |
| MRNOW Murano Global BV-28 | *W EXP 03/19/202 · principal | 2,712,701 | $130K | Reduce -6.0% |
| SSEAR Starry Sea Acquisition C-RTS | RIGHT 07/07/2030 | 669,269 | $127K | Add +43.6% |
| CRACR Crown Reserve Acquisitio-RTS | RIGHT 10/06/2030 | 679,070 | $122K | Add +13.2% |
| BAYAR Bayview Acquisition Corp. | RIGHT 11/17/2028 | 726,228 | $122K | Reduce -10.2% |
| CAPNR Cayson Acquisition Corp. | RIGHT 99/99/9999 | 540,845 | $119K | No change |
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 · principal | 1,258,325 | $119K | New |
| HSPTR Horizon Space Acquisition II | RIGHT 03/30/2026 | 404,814 | $117K | Reduce -28.2% |
| TVAIR Thayer Ventures Acquisition | RIGHT 05/15/2030 | 564,913 | $113K | No change |
| AXINR Axiom Intelligence Acquisiti | RIGHT 06/10/2030 | 557,937 | $112K | Add +55.1% |
| MKLYR McKinley Acquisition Corp. | RIGHT 07/25/2030 | 1,004,608 | $111K | Add +0.5% |
| ARTCW Art Technology Acquisition C | *W EXP 12/19/203 · principal | 375,000 | $109K | New |
| CHPGR Championsgate Acquisition Co. | RIGHT 05/14/2030 | 583,541 | $104K | Add +1.2% |
| SOULPOWER ACQUISITION CORP | RIGHT 99/99/9999 | 576,043 | $104K | Add +49.9% |
| ALCWF Alchemy Investments Acqui-28 | *W EXP 11/30/202 · principal | 675,006 | $103K | Reduce -2.4% |
| SCIIR SC II Acquisition Corp.-RT | RIGHT 11/26/2030 | 460,903 | $101K | Add +40.7% |
| SDHIR Siddhi Acquisition Corp. | RIGHT 09/15/2029 | 483,666 | $100K | No change |
| VHCPW Vine Hill Capital Investment | *W EXP 11/25/203 · principal | 260,057 | $99K | New |
| JENA ACQUISITION CORP II-RTS | RIGHT 03/31/2030 | 562,398 | $96K | No change |
| BIII.WS Black Spade Acquisition III | *W EXP 99/99/999 · principal | 273,006 | $93K | New |
| YHNAR YHN Acquisition I Ltd. | RIGHT 08/15/2029 | 759,800 | $91K | Add +15.2% |
| SIMAW Sim Acquisition Corp. - 29 | *W EXP 06/01/203 · principal | 359,877 | $90K | Reduce -7.2% |
| BCARW D Boral Arc Acquisition - 30 | *W EXP 07/23/203 · principal | 165,300 | $89K | Reduce -3.2% |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 · principal | 178,353 | $89K | Reduce -86.0% |
| DMIIR Drugs Made in America Acq-RT | RIGHT 09/16/2030 | 919,760 | $89K | Add +91600.9% |
| NOEMR CO2 Energy Transition Co.-RTS | RIGHT 10/15/2028 | 588,770 | $88K | No change |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 · principal | 2,129,249 | $88K | Reduce -2.1% |
| TDWDR Tailwind 2.0 Acquisition-RTS | RIGHT 11/07/2030 | 507,182 | $86K | Add +131.1% |
| GRMLW Anew Medical Inc. | *W EXP 06/21/202 · principal | 590,000 | $85K | Reduce -18.1% |
| SVAQW Silicon Valley Acquisition C | *W EXP 12/08/203 · principal | 263,668 | $84K | New |
| AEAQW Activate Energy Acquisition | *W EXP 11/10/203 · principal | 251,359 | $83K | New |
| RIBBR Ribbon Acquisition Corp. | RIGHT 12/31/2026 | 430,125 | $82K | Add +7.4% |
| XFLH CAPITAL CORP | RIGHT 12/31/2029 | 815,751 | $82K | New |
| FGIIW FG Imperii Acquisition Corp. | *W EXP 10/14/203 · principal | 450,232 | $81K | New |
| TWLVR Twelve Seas Investment Co. II | RIGHT 11/21/2030 | 500,000 | $80K | Add +7.3% |
| VFSWW Vinfast Auto Ltd.-28 | *W EXP 08/11/202 · principal | 264,782 | $79K | No change |
| BPACR Blueport Acquisition Ltd. R | RIGHT 02/13/2027 | 420,481 | $78K | Add +68.2% |
| INACR Indigo Acquisition Corp. | RIGHT 04/02/2027 | 610,501 | $77K | Add +5.1% |
| PCAPW Procap Acq Corp. A -30 | *W EXP 05/16/203 · principal | 245,456 | $77K | New |
| WHITE PEARL ACQUISITION CORP | RIGHT 09/10/2030 | 289,500 | $75K | New |
| APACR Stonebridge Acquisition II C | RIGHT 09/09/2030 | 616,167 | $74K | Add +43.4% |
| LPAAW Launch One Acquisition - 29 | *W EXP 06/01/203 · principal | 519,141 | $73K | Add +17.6% |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 · principal | 264,988 | $72K | Add +27.7% |
| LCCCR Lakeshore Acquisition III Co. | RIGHT 08/01/2026 | 337,328 | $71K | Add +8.0% |
| HCACR Hall Chadwick Acquisi-Rights | RIGHT 11/20/2030 | 293,685 | $70K | Reduce -16.1% |
| IBACR Ib Acquisition Corp.-RTS | RIGHT 09/28/2026 | 621,421 | $68K | Reduce -1.7% |
| LKSPR Lake Superior Acquisition Co. | RIGHT 09/19/2030 | 59,435 | $68K | Add +1.0% |
| UYSCR Uy Scuti Acquisition Corp. | RIGHT 03/03/2030 | 422,329 | $64K | Add +5.6% |
| QSEAR Quartzsea Acquisition Corp. | RIGHT 02/18/2030 | 400,000 | $64K | No change |
| VACHW Voyager Acquisition Corp. -CW | *W EXP 05/16/203 · principal | 532,384 | $64K | Reduce -6.1% |
| FVNNR Future Vision II Acquisi-RTS | RIGHT 06/29/2029 | 489,797 | $64K | Reduce -7.0% |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | 1,044,319 | $63K | Add +2.0% |
| CCAQW Dune Acquisition Corp. II -30 | *W EXP 04/04/203 · principal | 273,128 | $62K | Add +16.6% |
| SVIAW Procap Financial Inc. | *W EXP 12/05/203 · principal | 225,825 | $61K | No change |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 137,602 | $61K | Reduce -76.4% |
| DTSQR DT Cloud Star Acquisition Co. | RIGHT 07/09/2029 | 449,500 | $58K | No change |
| NOEMW CO2 Energy Transition -28 | *W EXP 08/17/202 · principal | 524,009 | $58K | Add +5.9% |
| CUBWW Lionheart Holdings - WT | *W EXP 06/07/203 · principal | 278,495 | $56K | Reduce -23.6% |
| CRANR Crane Harbor Acquisition-RTS | RIGHT 12/09/2030 | 319,895 | $54K | Reduce -73.3% |
| BSAAR Best Spac I Acquisition - RT | RIGHT 05/27/2030 | 301,285 | $54K | Add +61.2% |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 · principal | 408,848 | $53K | No change |
| WSTNR Westin Acquisition Corp.-RTS | RIGHT 09/17/2030 | 250,000 | $53K | New |
| DBCAW D. Boral Acquisition I Corp. | *W EXP 01/30/203 · principal | 199,999 | $52K | New |
| ASPCR A Spac III Acquisition Corp. | RIGHT 01/02/2026 | 427,278 | $51K | Add +10.3% |
| CRGOW Freightos Ltd.-CW28 | *W EXP 99/99/999 · principal | 310,713 | $50K | Reduce -15.3% |
| FSHPR Flag Ship Acquisition Corp. | RIGHT 03/31/2026 | 446,481 | $49K | Reduce -1.1% |
| SCAGW Scage Future -30 | *W EXP 05/15/203 · principal | 976,051 | $49K | No change |
| GPACW General Purpose Acquisition | *W EXP 12/03/203 · principal | 200,410 | $48K | New |
| BLRKW Bluerock Acquisition Corp. | *W EXP 12/12/203 · principal | 144,064 | $48K | New |
| TAVIR Tavia Acquisition Corp. | RIGHT 11/26/2029 | 362,573 | $47K | Reduce -0.6% |
| LANWF Lanvin Group Holdings Ltd.-27 | *W EXP 01/14/202 · principal | 4,600,266 | $46K | Reduce -0.3% |
| ALFUW Centurion Acquisition - 29 | *W EXP 05/31/203 · principal | 246,779 | $44K | Reduce -17.6% |
| CRAQR Cal Redwood Acquisition Corp. | RIGHT 05/15/2030 | 200,000 | $42K | No change |
| IRAB.WS Iris Acq Corp. II -31 | *W EXP 08/15/203 · principal | 130,499 | $40K | New |
| ORIQW Origin Investment Corp. I -30 | *W EXP 06/27/203 · principal | 206,206 | $40K | Add +15.0% |
| WTGUR Wintergreen Acquisition-RT | RIGHT 99/99/9999 | 259,077 | $39K | Add +0.0% |
| OSRHW Bellevue Life Sciences-WRNT | *W EXP 02/09/202 · principal | 644,377 | $39K | Reduce -12.6% |
| RAAQW REAL ASSET AQC Corp -30 | *W EXP 04/24/203 · principal | 31,028 | $38K | Reduce -76.3% |
| FTW.WS Presidio Pubco Inc. | *W EXP 03/04/203 · principal | 45,600 | $38K | New |
| FUFUW Bitfufu Inc.-28 | *W EXP 03/01/202 · principal | 254,543 | $36K | Reduce -51.6% |
| TVACW Texas Ventures Acq -31 | *W EXP 04/23/203 · principal | 68,289 | $33K | New |
| COLAR Columbus Acquisition Corp. | RIGHT 99/99/9999 | 111,163 | $32K | Reduce -24.6% |
| LPCVW Launchpad Cadenza Acquisitio | *W EXP 12/15/203 · principal | 132,632 | $32K | New |
| HDRNW GIGCAPITAL7 Corp.-A - 29 | *W EXP 08/29/202 · principal | 93,266 | $31K | Reduce -28.8% |
| BBCQW Bleichroeder Acquisition Cor | *W EXP 12/23/203 · principal | 33,252 | $31K | New |
| EMISR Emmis Acquisition Corp. | RIGHT 09/12/2030 | 200,493 | $29K | Add +0.3% |
| OTGAW Otg Acquisition Corp. I - 30 | *W EXP 09/05/203 · principal | 113,054 | $29K | New |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 · principal | 265,421 | $29K | Reduce -60.8% |
| DRDBW Roman DBDR Acquisition -30 | *W EXP 10/31/203 · principal | 124,750 | $29K | Add +39.3% |
| CNCKW Coincheck Group NV | *W EXP 12/11/202 · principal | 164,127 | $28K | Reduce -14.5% |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 · principal | 212,999 | $28K | No change |
| LFACW Leapfrog Acquisition Corp. | *W EXP 11/10/203 · principal | 95,442 | $28K | New |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | 227,575 | $26K | Add +15.4% |
| IGACR Invest Green Acquisition-RTS | RIGHT 11/17/2030 | 162,587 | $26K | Add +66.3% |
| KIDZW Classover Holdings Inc. - 30 | *W EXP 04/03/203 · principal | 1,603,307 | $21K | Reduce -26.4% |
| GIBOW Gibo Holdings Ltd.-30 | *W EXP 05/08/203 · principal | 669,680 | $19K | No change |
| IPXGW Columbus Circle Capital Corp. | *W EXP 02/11/203 · principal | 49,209 | $18K | New |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 · principal | 4,820 | $17K | No change |
| LEGO.WS Legato Merger Corp. IV | *W EXP 99/99/999 · principal | 52,850 | $17K | New |
| PERFF Perfect Corp. | *W EXP 10/28/202 · principal | 1,664,503 | $17K | Reduce -17.8% |
| SDSTW Global Partner Acq A -CW27 | *W EXP 06/21/202 · principal | 97,204 | $16K | No change |
| SZZLR Sizzle Acquisition Corp. -RTS | RIGHT 04/02/2030 | 93,240 | $16K | Reduce -13.7% |
| FOXXW 1OXX | *W EXP 09/26/202 · principal | 154,956 | $15K | Reduce -18.5% |
| UCFIW Iron Horse Acquisition Co.-29 | *W EXP 09/30/203 · principal | 140,447 | $14K | No change |
| CRACW Crown Reserve Acquisition Co. | *W EXP 10/06/203 · principal | 162,988 | $11K | Reduce -33.3% |
| BIXIW Bitcoin Infrastructure Acqui | *W EXP 11/06/203 · principal | 31,983 | $10K | Reduce -26.7% |
| EVOXW Evolution Global Acquisition | *W EXP 10/22/203 · principal | 25,054 | $9K | Reduce -83.1% |
| SAC.WS Safeguard Acquisition Corp. | *W EXP 99/99/999 · principal | 21,814 | $9K | New |
| MLKWF Waldencast Acq Class A -CW27 | *W EXP 07/27/202 · principal | 158,605 | $7K | No change |
| AERTW Aeries Technology Inc. -CW23 | *W EXP 11/06/202 · principal | 290,215 | $6K | No change |
| BED BATH & BEYOND INC | *W EXP 10/07/202 · principal | 10,157 | $6K | No change |
| ATIIW Archimedes Tech-30 | *W EXP 10/15/202 · principal | 10,109 | $5K | No change |
| ASBPW Aspire Biopharma Holdin-CW27 | *W EXP 02/14/203 · principal | 273,000 | $4K | Reduce -48.0% |
| VGASW Cenaq Energy Corp. Class A -CW27 | *W EXP 02/15/202 · principal | 121,503 | $3K | Reduce -68.7% |
| NSTR.WS Viking Acquisition Corp. I | *W EXP 11/03/203 · principal | 8,333 | $2K | No change |
| DAICW Cid Holdco Inc. -26 | *W EXP 12/31/202 · principal | 119,782 | $2K | Reduce -12.8% |
| DSACW Daedalus Spec Acq -30 | *W EXP 11/24/203 · principal | 4,864 | $2K | New |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 · principal | 2,967 | $1K | Reduce -95.9% |
| HCMAW HCM III Acquisition Corp. -30 | *W EXP 07/23/203 · principal | 1,849 | $752 | No change |
| SCPQW Social Commerce Partner - 30 | *W EXP 02/13/203 · principal | 500 | $135 | New |
| CLBR.WS Colombier Acquisition - 31 | *W EXP 12/31/203 · principal | 125 | $124 | New |
| MUZEW Muzero Acquisition - 30 | *W EXP 01/30/203 · principal | 500 | $123 | New |
| DAAQW Digital Asset Acquisition-30 | *W EXP 04/01/203 · principal | 100 | $38 | No change |
| DISTOKEN ACQUISITION CORP | *W EXP 11/08/203 · principal | 355,974 | $36 | No change |
Total filed on the 13F, all lines: $1.6B.
Portfolio Sells Q4 2025 → Q1 2026
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −5.85 |
| FOX Fox Corp. Class B | Sold out | 0.00% | −4.60 |
| FYBR Frontier Communications Pare | Sold out | 0.00% | −4.46 |
| NGD New Gold Inc. | Sold out | 0.00% | −4.31 |
| HEI.A Heico Corp. Class A | Sold out | 0.00% | −3.87 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −3.87 |
| AVDL Avadel Pharmaceuticals Ltd. | Sold out | 0.00% | −3.50 |
| RNAM Avidity Biosciences Inc. | Sold out | 0.00% | −3.35 |
| CDTX Cidara Therapeutics Inc. | Sold out | 0.00% | −1.98 |
| NBR Nabors Industries Ltd. | Sold out | 0.00% | −1.78 |
| MRLN Merlin Inc. | Sold out | 0.00% | −1.71 |
| FWONA Liberty Media Corp. Class A | Sold out | 0.00% | −1.61 |
| NWSA News Corp. Class A | Sold out | 0.00% | −1.51 |
| LLYVA Liberty Live Holdings Class A | Sold out | 0.00% | −1.36 |
| VCIC Vine Hill Capital Class A | Sold out | 0.00% | −1.17 |
| CENTA Central Garden and Pet Co. Class A | Sold out | 0.00% | −1.07 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −1.00 |
| CHAC Crane Harbor Acqu Corp. Class A | Sold out | 0.00% | −0.68 |
| CEPT Cantor Equity Partners Class A | Reduce -58.6% | 0.57% | −0.61 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.56 |
| VHCPU Vine Hill Capital Investment | Sold out | 0.00% | −0.52 |
| GLIBK Liberty Capital Corp. Class C | Reduce -55.2% | 0.54% | −0.47 |
| JAMF Jamf Holding Corp. | Sold out | 0.00% | −0.44 |
| INFQ Infleqtion Inc. | Sold out | 0.00% | −0.40 |
| NSC Norfolk Southern Corp. | Sold out | 0.00% | −0.38 |
| TWLVU Twelve Seas Investment Co. II | Sold out | 0.00% | −0.37 |
| LPCVU Launchpad Cadenza Acquisitio | Sold out | 0.00% | −0.36 |
| CHKP Check Point Software Tech | Sold out | 0.00% | −0.34 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.30 |
| HCACU Hall Chadwick Acquisition Co. | Sold out | 0.00% | −0.28 |
| ITHAU Ithax Acquisition Corp. III | Sold out | 0.00% | −0.28 |
| SCIIU SC II Acquisition Corp. | Sold out | 0.00% | −0.26 |
| BEBE.U Tge Value Creative Solutions | Sold out | 0.00% | −0.20 |
| BPAC Blueport Acquisition LT Class A | Reduce -97.8% | 0.01% | −0.19 |
| SRPT Sarepta Therapeutics Inc. | Reduce -37.5% | 0.49% | −0.19 |
| SVAQU Silicon Valley Acquisition C | Sold out | 0.00% | −0.16 |
| OKUR Onkure Therapeutics Inc. Class A | Sold out | 0.00% | −0.12 |
| IMSR Terrestrial Energy Inc. | Sold out | 0.00% | −0.12 |
| MESH Meshflow Acquisition Co. Class A | Reduce -64.9% | 0.08% | −0.11 |
| DK Delek US Holdings Inc. | Reduce -97.3% | 0.00% | −0.08 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.08 |
| SCPQU Social Commerce Partners Cor | Sold out | 0.00% | −0.08 |
| BATRK Atlanta Braves Holdings in-C | Reduce -27.2% | 1.26% | −0.08 |
| GPACU General Purpose Acquisition | Sold out | 0.00% | −0.07 |
| JBS JBS NV-A | Reduce -86.2% | 0.02% | −0.07 |
| BLRKU Bluerock Acquisition Corp. | Sold out | 0.00% | −0.06 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.04 |
| SAC.U Safeguard Acquisition Corp. | Sold out | 0.00% | −0.04 |
| SM SM Energy Co. | Reduce -63.6% | 0.07% | −0.02 |
| ULYX Urgent.ly Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| WIX Wix.com Ltd. | New | 3.69% | +3.69 |
| CWAN Clearwater Analytics HDS-A | New | 3.65% | +3.65 |
| BELFA Bel Fuse Inc. Class A | New | 2.41% | +2.41 |
| HOLX Hologic Inc. | Add +34.2% | 5.99% | +2.37 |
| EA Electronic Arts Inc. | Add +3.2% | 10.67% | +2.10 |
| NWE Northwestern Energy Group Inc. | New | 1.83% | +1.83 |
| AES AES Corp. | New | 1.81% | +1.81 |
| DRDB Roman DBDR Acquisition Corp. | Add +587.7% | 1.74% | +1.53 |
| BCAR D. Boral Arc Acquisit Class A | New | 1.49% | +1.49 |
| WBD Warner Bros Discovery Inc. | New | 1.42% | +1.42 |
| ARTC Art Technology Acquisit Class A | New | 1.42% | +1.42 |
| DMAA Drugs Made in America Acquis | New | 1.34% | +1.34 |
| SSAC Spacsphere Acquisition Class A | New | 1.33% | +1.33 |
| NVRI Enviri Corp. | Add +21.6% | 3.31% | +1.18 |
| KTWO K2 Capital Acquisition Class A | New | 1.18% | +1.18 |
| GIX GIGCAPITAL9 Corp. Class A | New | 1.16% | +1.16 |
| BHF Brighthouse Financial Inc. | Add +59.2% | 2.53% | +1.12 |
| CCIX Churchill Capital Corp. Ix | New | 1.04% | +1.04 |
| TRAD.U Apex Tech Acquisition Inc. | New | 1.02% | +1.02 |
| ENHA Enhanced Group Inc. | Add +94.8% | 1.69% | +0.99 |
| HACQU HCM IV Acquisition Corp. | New | 0.97% | +0.97 |
| AEXA American Exceptionalism Class A | Add +755.0% | 1.05% | +0.94 |
| FMACU Future Money Acquisition Cor | New | 0.92% | +0.92 |
| BHAVU Bhav Acquisition Corp. | New | 0.91% | +0.91 |
| XFLH XFLH Capital Corp. | New | 0.90% | +0.90 |
| GLED.U Galaxyedge Acquisition Corp. | New | 0.88% | +0.88 |
| PPLI People Inc. | Add +36.2% | 2.15% | +0.85 |
| FGII FG Imperii Acquisition Class A | New | 0.85% | +0.85 |
| BEAG Bold Eagle Acquisition Cor-A | New | 0.78% | +0.78 |
| TVA Texas Ventures Acquisition-A | New | 0.74% | +0.74 |
| SUMAU Suma Acquisition Corp. | New | 0.69% | +0.69 |
| CTAAU Clearthink 1 Acquisition Cor | New | 0.66% | +0.66 |
| QADRU Qdro Acquisition Corp. | New | 0.64% | +0.64 |
| LLYVK Liberty Live Holdings Class C | Add +977.2% | 0.66% | +0.61 |
| ANSC Agriculture & Natural Soluti | New | 0.61% | +0.61 |
| PONOU Pono Capital Four Inc. | New | 0.54% | +0.54 |
| NBRG Newbridge Acquisition Ltd. Class A | New | 0.51% | +0.51 |
| EMPD Empery Digital Inc. | Add +55.9% | 1.17% | +0.50 |
| CRAC Crown Reserve Acquisiti Class A | New | 0.48% | +0.48 |
| GPAT GP-Act III Acquisition-A | New | 0.47% | +0.47 |
| IPCX Inflection Point Acquisiti-A | New | 0.43% | +0.43 |
| ONEN One Nuclear Energy Inc. | Add +10.8% | 1.66% | +0.43 |
| ELBM Electra Battery Materials Co. | New | 0.42% | +0.42 |
| KCAC.U Kensington Capital Acquisiti | New | 0.40% | +0.40 |
| FAC Factorial Energy Inc. | Add +1.3% | 2.00% | +0.37 |
| LEGT Legato Merger Corp. III | Add +60.2% | 0.75% | +0.37 |
| NPAC New Providence Acquisition-A | New | 0.36% | +0.36 |
| RNGT Range Capital Acquisit Class A | New | 0.36% | +0.36 |
| IPFXU Inflection Point Acquisition | New | 0.35% | +0.35 |
| AEAQ Activate Energy Acquisitio-A | Add +33835.3% | 0.33% | +0.32 |
Options Activity Q4 2025 → Q1 2026
| ISHARES TR | put | Add +37.5% | 5,500,000 | $433.5M |
| STATE STR SPDR S&P 500 ETF T | put | New | 500,000 | $316.0M |
| SPDR GOLD TR | put | Sold out | 500,000 | $198.2Mbefore exit |
| ISHARES TR | put | Reduce -48.0% | 780,000 | $186.9M |
| SPDR SERIES TRUST | put | New | 815,500 | $151.3M |
| ELECTRONIC ARTS INC | put | New | 400,000 | $81.0M |
| SUPER MICRO COMPUTER INC | put | New | 3,192,900 | $67.2M |
| ISHARES TR | call | New | 750,000 | $65.1M |
| ISHARES TR | put | New | 700,000 | $60.7M |
| AMAZON COM INC | call | Sold out | 200,000 | $46.2Mbefore exit |
| ISHARES TR | call | New | 400,000 | $31.0M |
| NVIDIA CORPORATION | put | New | 177,800 | $29.4M |
| AVIS BUDGET GROUP INC | put | New | 175,500 | $23.8M |
| ISHARES BITCOIN TRUST ETF | put | New | 577,500 | $21.8M |
| NIO INC | put | Reduce -8.4% | 3,230,400 | $17.8M |
| KIMBERLY-CLARK CORP | call | Sold out | 152,400 | $15.4Mbefore exit |
| ISHARES SILVER TR | put | New | 200,000 | $12.7M |
| WIX COM LTD | put | New | 125,000 | $11.0M |
| JBS N.V. | call | Sold out | 250,000 | $3.6Mbefore exit |
| SHIFT4 PMTS INC | call | New | 17,500 | $763K |
| AIRSHIP AI HLDGS INC | call | New | 6,300 | $13K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Sold out | 115,000,000 | $119.5Mbefore exit |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | Reduce -15.4% | 41,235,000 | $48.9M |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | Sold out | 47,000,000 | $45.6Mbefore exit |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Sold out | 43,553,000 | $43.8Mbefore exit |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Sold out | 37,500,000 | $42.7Mbefore exit |
| NEXTERA ENERGY INC (NEE 7.375 02/15/29) | UNIT 02/15/2029 | New | 800,000 | $40.1M |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | Add +1420.0% | 38,000,000 | $36.9M |
| EVENTBRITE INC (EB 0.75 09/15/26) | NOTE 0.750% 9/1 · principal | Sold out | 36,995,000 | $36.3Mbefore exit |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Sold out | 25,000,000 | $34.1Mbefore exit |
| MARA HOLDINGS INC (MARA 0 03/01/30) | NOTE 3/0 · principal | Add +11.0% | 35,313,000 | $31.4M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | Sold out | 26,000,000 | $30.4Mbefore exit |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Sold out | 28,559,000 | $28.5Mbefore exit |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | Sold out | 28,668,000 | $28.3Mbefore exit |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | Sold out | 25,882,000 | $26.2Mbefore exit |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Reduce -18.5% | 26,500,000 | $21.1M |
| ZENAS BIOPHARMA INC (ZBIO 2.5 04/01/32) | NOTE 2.500% 4/0 · principal | New | 20,000,000 | $19.8M |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | Sold out | 19,450,000 | $19.3Mbefore exit |
| SUPER MICRO COMPUTER INC (SMCI 2.25 07/15/28) | NOTE 2.250% 7/1 · principal | New | 22,000,000 | $18.9M |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | Reduce -38.6% | 15,892,000 | $18.1M |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | New | 15,000,000 | $15.5M |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | Reduce -47.9% | 15,234,000 | $14.2M |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | New | 15,000,000 | $12.5M |
| BOX INC (BOX 0 01/15/26) | NOTE 1/1 · principal | Sold out | 9,808,000 | $11.5Mbefore exit |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | Sold out | 11,314,000 | $11.1Mbefore exit |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | New | 10,000,000 | $9.9M |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | New | 150,000 | $8.6M |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | New | 150,000 | $8.0M |
| RAMACO RESOURCES INC (METC 0 11/01/31) | NOTE 11/0 · principal | Sold out | 9,000,000 | $7.7Mbefore exit |
| WOLFSPEED INC (WOLF 2.5 06/15/31) | NOTE 2.500% 6/1 · principal | Reduce -37.0% | 3,775,000 | $5.9M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | New | 5,000,000 | $5.7M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | New | 5,000,000 | $5.2M |
| STRATEGY INC (MSTR 0 03/01/30) | NOTE 3/0 · principal | New | 5,000,000 | $5.0M |
| GREEN PLAINS INC | DEBT 5.250%11/0 · principal | Sold out | 4,504,000 | $4.7Mbefore exit |
| GREEN PLAINS INC (GPRE 5.25 11/01/30 UNRS) | NOTE 5.250%11/0 · principal | Sold out | 4,048,000 | $4.2Mbefore exit |
| MARA HOLDINGS INC (MARA 1 12/01/26) | NOTE 1.000%12/0 · principal | Add +250.0% | 3,500,000 | $3.4M |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | Sold out | 2,981,000 | $2.4Mbefore exit |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 · principal | Reduce -18.0% | 1,093,267 | $2.4M |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | Add +100.0% | 6,000,000 | $2.4M |
| PPL CORPORATION (PPL 7 02/15/29) | UNIT 02/15/2029 | New | 40,000 | $2.0M |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 · principal | Add +375.4% | 1,881,509 | $1.9M |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 · principal | Sold out | 380,992 | $979Kbefore exit |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | New | 1,000,000 | $889K |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 10/28/203 · principal | Sold out | 305,000 | $647Kbefore exit |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 · principal | Reduce -44.0% | 956,648 | $574K |
| FACWW Cartesian Growth Corp. -30 | *W EXP 05/02/203 · principal | Add +0.1% | 712,078 | $498K |
| SHMDW Schmid Group NV -28 | *W EXP 04/30/202 · principal | Sold out | 334,191 | $488Kbefore exit |
| VWAVW Visionwave Holdings Inc. | *W EXP 07/14/203 · principal | Reduce -38.8% | 452,514 | $475K |
| TBMCR Trailblazer Merger Corp.-RTS | RIGHT 04/21/2028 | Sold out | 1,685,264 | $409Kbefore exit |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 · principal | Add +37.3% | 569,169 | $285K |
| AFJKR Aimei Health Technology Co. L | RIGHT 11/17/2028 | Reduce -3.0% | 873,044 | $275K |
Showing the first 50 of 203.
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 | 219 | $1.5B | EA, SBET, LLYVK, KVUE, WBD |
| Q1 2026 | 169 | $1.0B | EA, HOLX, WIX, CWAN, NVRI |
| Q4 2025 | 106 | $1.3B | EA, ELME, CYBR, FOX, FYBR |
| Q3 2025 | 77 | $698.0M | HYG, VRNA, FYBR, TXNM, FOX |
| Q2 2025 | 77 | $642.4M | HES, ALE, HEI.A, FYBR, FWONA |
| Q1 2025 | 59 | $620.9M | IWM, HES, ALE, FYBR, AMED |
| Q4 2024 | 79 | $697.9M | HES, ALE, SUM, FYBR, AMED |
| Q3 2024 | 57 | $574.7M | LBRDK, HES, HEI.A, LLYVK, AMED |
| Q2 2024 | 48 | $378.9M | LBRDK, HES, LLYVK, AMED, NVEI |
| Q1 2024 | 33 | $333.9M | LBRDK, PXD, LLYVK, HES, NEE |