Hudson Bay Capital Management LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Hudson Bay Capital Management LP reported 859 stock positions worth $15.9 billion. Its top holding was Nvidia (NVDA) at 6.5% of the portfolio, followed by Tesla (TSLA, 5.1%) and Amazon.com (AMZN, 3.8%). Compared with Q3 2025, it opened 322 new positions, sold out of 318, added to 221 and reduced 226. The biggest buy was Palantir Technologies Class A (PLTR, shares +811%) and the biggest sale Amazon.com (AMZN, shares −41%).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001393825
- Portfolio Value
- $15.9B (Q4 2025)
- SEC Filing
- 0001393825-26-000021 ↗ filed Feb 13, 2026
Holdings Value
Holdings 859 stocks · $15.9B
| NVDA Nvidia Corp. | 6.54% | 5,587,227 | $1.0B | Reduce -6.2% |
| TSLA Tesla Inc. | 5.11% | 1,812,516 | $815.1M | Add +2.4% |
| AMZN Amazon.com Inc. | 3.78% | 2,610,777 | $602.6M | Reduce -41.4% |
| AMD Advanced Micro Devices | 3.16% | 2,350,000 | $503.3M | Add +22.0% |
| PLTR Palantir Technologies Inc. Class A | 2.85% | 2,555,000 | $454.2M | Add +811.3% |
| FLG Flagstar Bank NA | 2.74% | 34,689,439 | $436.7M | No change |
| MSFT Microsoft Corp. | 2.53% | 834,970 | $403.8M | Add +1104.2% |
| NFLX Netflix Inc. | 2.21% | 3,750,810 | $351.7M | Add +264.0% |
| AAPL Apple Inc. | 2.03% | 1,191,454 | $323.9M | Add +17.9% |
| GOOGL Alphabet Inc. Class A | 1.97% | 1,002,946 | $313.9M | Add +756.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.91% | 605,266 | $304.2M | Add +3.8% |
| CYBR Cyberark Software Ltd./Israel | 1.45% | 519,790 | $231.9M | Add +9.1% |
| AVGO Broadcom Inc. | 1.18% | 544,562 | $188.5M | Add +4390.9% |
| COST Costco Wholesale Corp. | 1.08% | 200,000 | $172.5M | Add +56.2% |
| ISRG Intuitive Surgical Inc. | 1.00% | 282,500 | $160.0M | Add +333.7% |
| BP BP PLC-Spons ADR | 0.98% | 4,500,000 | $156.3M | Reduce -0.3% |
| VRT Vertiv Holdings Co. Class A | 0.98% | 964,604 | $156.3M | New |
| BA The Boeing Co. | 0.96% | 701,528 | $152.3M | Add +352.0% |
| META Meta Platforms Inc. Class A | 0.94% | 227,028 | $149.9M | Add +231.2% |
| SHOP Shopify Inc. Class A | 0.93% | 925,697 | $149.0M | Add +1285.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.80% | 1,126,894 | $128.2M | New |
| WMT Walmart Inc. | 0.78% | 1,118,872 | $124.7M | Add +494.9% |
| HON Honeywell International Inc. | 0.78% | 635,078 | $123.9M | Add +1398.3% |
| DLTR Dollar Tree Inc. | 0.76% | 989,000 | $121.7M | Reduce -43.7% |
| EXAS Exact Sciences Corp. | 0.71% | 1,115,996 | $113.3M | New |
| ANET Arista Networks Inc. | 0.65% | 786,516 | $103.1M | Add +13.4% |
| ADBE Adobe Inc. | 0.64% | 290,000 | $101.5M | Add +24455.5% |
| TMUS T-Mobile US Inc. | 0.63% | 495,186 | $100.5M | Add +6.1% |
| NSC Norfolk Southern Corp. | 0.61% | 335,320 | $96.8M | Add +121.4% |
| SNPS Synopsys Inc. | 0.60% | 202,001 | $94.9M | Add +379.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.57% | 132,184 | $90.1M | Reduce -65.8% |
| EA Electronic Arts Inc. | 0.51% | 397,500 | $81.2M | Reduce -49.6% |
| JHG Janus Henderson Group PLC | 0.50% | 1,678,802 | $79.9M | New |
| CDNS Cadence Design SYS Inc. | 0.49% | 250,000 | $78.1M | Add +66.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.47% | 164,518 | $74.6M | Add +263.1% |
| GOOG Alphabet Inc. Class C | 0.46% | 233,860 | $73.4M | Reduce -45.6% |
| AHR American Healthcare REIT Inc. | 0.46% | 1,541,333 | $72.5M | Add +87.9% |
| FLUT Flutter Entertainment PLC-Di | 0.45% | 333,200 | $71.7M | Reduce -15.7% |
| NOW ServiceNow Inc. | 0.45% | 465,000 | $71.2M | Add +479.3% |
| PYPL PayPal Holdings Inc. | 0.44% | 1,197,000 | $69.9M | Add +9891.6% |
| NTST Netstreit Corp. | 0.44% | 3,956,426 | $69.8M | Add +4.3% |
| CNC Centene Corp. | 0.42% | 1,625,000 | $66.9M | Add +1059.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.41% | 213,473 | $64.9M | Reduce -70.4% |
| GTLS Chart Industries Inc. | 0.40% | 311,071 | $64.2M | Reduce -5.8% |
| BTU Peabody Energy Corp. | 0.40% | 2,122,662 | $63.0M | Reduce -12.4% |
| BMNR Bitmine Immersion Technologi | 0.37% | 2,144,700 | $58.2M | New |
| IBIT iShares Bitcoin Trust ETF | 0.36% | 1,140,535 | $56.6M | Reduce -52.6% |
| CMG Chipotle Mexican Grill Inc. | 0.35% | 1,526,289 | $56.5M | Add +6.1% |
| EW Edwards Lifesciences Corp. | 0.35% | 661,600 | $56.4M | Reduce -29.1% |
| NNN NNN REIT Inc. | 0.35% | 1,415,961 | $56.1M | Add +135.6% |
| IWM iShares Russell 2000 ETF | 0.35% | 225,000 | $55.4M | Add +403.7% |
| VNO Vornado Realty Trust | 0.34% | 1,636,290 | $54.5M | Reduce -30.6% |
| COF Capital One Financial Corp. | 0.33% | 219,826 | $53.3M | Add +0.2% |
| GS Goldman Sachs Group Inc. | 0.33% | 60,500 | $53.2M | Add +2130.0% |
| MNST Monster Beverage Corp. | 0.32% | 664,840 | $51.0M | Add +6.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.32% | 916,689 | $50.4M | Add +22.1% |
| INTC Intel Corp. | 0.31% | 1,355,913 | $50.0M | Add +240.7% |
| LIN Linde PLC | 0.31% | 117,286 | $50.0M | Add +6726.9% |
| AZO AutoZone Inc. | 0.31% | 14,676 | $49.8M | Add +8.4% |
| DASH DoorDash Inc. Class A | 0.31% | 219,000 | $49.6M | Reduce -51.9% |
| TXNM TXNM Energy Inc. | 0.30% | 808,116 | $47.6M | Add +18.0% |
| CUZ Cousins Properties Inc. | 0.29% | 1,819,547 | $46.9M | Reduce -45.1% |
| UAL United Airlines Holdings Inc. | 0.29% | 419,169 | $46.9M | Reduce -1.5% |
| XEL Xcel Energy Inc. | 0.29% | 626,292 | $46.3M | Add +22.0% |
| BSX Boston Scientific Corp. | 0.29% | 484,000 | $46.1M | Reduce -0.4% |
| SRE Sempra | 0.29% | 516,442 | $45.6M | Add +8.2% |
| NEOG Neogen Corp. | 0.28% | 6,500,000 | $45.4M | Add +30.0% |
| XLF SS Financial Select Sector | 0.28% | 825,000 | $45.2M | Reduce -8.3% |
| NBIX Neurocrine Biosciences Inc. | 0.27% | 305,000 | $43.3M | Add +652.9% |
| ABNB Airbnb Inc. Class A | 0.26% | 307,000 | $41.7M | Reduce -39.6% |
| C Citigroup Inc. | 0.26% | 352,246 | $41.1M | Reduce -20.8% |
| FE Firstenergy Corp. | 0.26% | 913,137 | $40.9M | Add +9.6% |
| VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC | 0.25% | 2,237,746 | $40.6M | Reduce -7.8% |
| UDR Udr Inc. | 0.25% | 1,100,339 | $40.4M | Add +182.3% |
| BMRN Biomarin Pharmaceutical Inc. | 0.25% | 670,002 | $39.8M | Reduce -3.4% |
| CRCL Circle Internet Group Inc. | 0.25% | 500,000 | $39.6M | Add +50100.8% |
| FLY Firefly Aerospace Inc. | 0.25% | 1,787,904 | $39.5M | Reduce -1.3% |
| BIIB Biogen Inc. | 0.24% | 221,860 | $39.0M | Reduce -12.4% |
| HOOD Robinhood Markets Inc. Class A | 0.24% | 344,978 | $39.0M | Reduce -20.9% |
| ETR Entergy Corp. | 0.24% | 421,663 | $39.0M | Add +27.6% |
| AKR Acadia Realty Trust | 0.24% | 1,888,022 | $38.8M | Reduce -3.3% |
| MS Morgan Stanley | 0.24% | 216,874 | $38.5M | Add +163.0% |
| IONS Ionis Pharmaceuticals Inc. | 0.24% | 475,000 | $37.6M | Reduce -7.8% |
| FR First Industrial Realty TR | 0.23% | 652,741 | $37.4M | Add +66.5% |
| HOLX Hologic Inc. | 0.23% | 490,000 | $36.5M | New |
| BNTX Biontech SE-ADR | 0.22% | 375,000 | $35.7M | Add +82.9% |
| CAT Caterpillar Inc. | 0.22% | 61,500 | $35.2M | Add +2475.4% |
| MAA Mid-America Apartment Comm | 0.22% | 253,231 | $35.2M | New |
| ROKU Roku Inc. | 0.22% | 323,326 | $35.1M | Reduce -2.5% |
| BHC Bausch Health Cos Inc. | 0.22% | 5,000,000 | $34.8M | No change |
| LNT Alliant Energy Corp. | 0.22% | 531,559 | $34.6M | Add +1.1% |
| CTRE Caretrust REIT Inc. | 0.22% | 952,641 | $34.4M | Reduce -44.3% |
| QRVO Qorvo Inc. | 0.21% | 402,372 | $34.0M | Add +9818.0% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.21% | 85,000 | $33.8M | Add +803.2% |
| TEAM Atlassian Corp. Class A | 0.21% | 206,000 | $33.4M | Reduce -12.7% |
| XOM Exxon Mobil Corp. | 0.21% | 272,979 | $32.9M | Add +425.1% |
| NSA National Storage Affiliates | 0.20% | 1,154,705 | $32.6M | Add +5.5% |
| NWE Northwestern Energy Group Inc. | 0.20% | 499,509 | $32.2M | New |
| CAR Avis Budget Group Inc. | 0.20% | 250,000 | $32.1M | New |
| EGP Eastgroup Properties Inc. | 0.20% | 178,716 | $31.8M | Reduce -13.8% |
Options reported separately and not counted above: TSLA puts ($1.4B), NVDA puts ($1.1B), AMZN puts ($681.4M), AMD puts ($588.9M), TSLA calls ($559.5M), IWM puts ($553.6M), SPY puts ($481.3M), PLTR puts ($479.5M), MSFT puts ($446.9M), NFLX puts ($361.0M), BRK.B puts ($346.8M), GOOGL puts ($306.7M), and 127 more.
Other holdings (162): bonds, preferreds, convertibles and warrants · $1.5B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 203,500,000 | $316.5M | Add +114.2% |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 82,554,417 | $276.5M | Add +17.6% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 262,066,000 | $269.9M | Add +27.6% |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | 123,646,000 | $170.0M | Add +4.7% |
| UNITI GROUP INC (UNIT 7.5 12/01/27) | NOTE 7.500%12/0 · principal | 120,103,000 | $131.0M | Add +12.2% |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 84,308,000 | $91.8M | Add +11.2% |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 52,686,000 | $52.2M | No change |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 38,192,000 | $44.7M | Add +154.6% |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 30,236,000 | $30.2M | No change |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 29,204,000 | $28.9M | No change |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 20,000,000 | $22.5M | No change |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 10,000,000 | $12.8M | No change |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 1,469,128 | $12.4M | Add +40.9% |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 10,000,000 | $10.0M | New |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 6,500,000 | $5.3M | New |
| EVOLENT HEALTH INC | DEBT 4.500% 8/1 · principal | 5,000,000 | $3.5M | No change |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | 676,309 | $1.7M | Add +20.0% |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | 631,242 | $1.7M | Add +596.4% |
| OPFI.WS Oppfi Inc. -CW26 | *W EXP 07/20/202 | 713,194 | $1.1M | No change |
| PL.WS Planet Labs PBC -CW26 | *W EXP 12/06/202 | 116,060 | $999K | Add +22.1% |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 1,058,284 | $847K | Add +4.6% |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 | 506,840 | $775K | Add +123.5% |
| JOBY.WS Joby Aviation Inc. -CW25 | *W EXP 08/10/202 | 184,570 | $731K | Add +147.8% |
| RGTIW Rigetti Computing -CW27 | *W EXP 03/02/202 | 64,796 | $715K | No change |
| NNAVW Nextnav Inc. | *W EXP 99/99/999 | 91,131 | $652K | Add +0.1% |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 414,916 | $643K | New |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 142,730 | $629K | No change |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 10/28/203 | 247,400 | $524K | New |
| IPCXR Inflection Point Acquisition | RIGHT 04/25/2030 | 1,300,000 | $468K | Add +28.4% |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 572,182 | $421K | Reduce -27.8% |
| KYIVW Kyivstar Group Ltd. -30 | *W EXP 08/14/203 | 107,189 | $407K | No change |
| XRPNW Armada Acquisition Corp - A | *W EXP 05/21/203 | 375,776 | $334K | Add +10.1% |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 362,739 | $326K | New |
| GSRFR GSR IV Acquisition Corp.-RTS | RIGHT 08/22/2030 | 128,571 | $303K | Reduce -0.1% |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | 1,800,000 | $284K | No change |
| DMIIR Drugs Made in America Acq-RT | RIGHT 09/16/2030 | 1,969,030 | $276K | No change |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | 950,000 | $238K | No change |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 | 521,341 | $193K | Add +24.2% |
| EVLVW Evolv Technologies -CW26 | *W EXP 07/16/202 | 636,678 | $190K | Add +71.3% |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | 455,888 | $182K | Add +37.7% |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | 217,043 | $174K | Reduce -51.8% |
| KCHVR Kochav Defense Acquisition-R | RIGHT 05/21/2030 | 650,000 | $156K | No change |
| GFUZW Spring Valley Acq Co. -30 | *W EXP 09/04/203 | 233,333 | $145K | No change |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | 125,202 | $143K | No change |
| SDHIR Siddhi Acquisition Corp. | RIGHT 09/15/2029 | 550,000 | $138K | No change |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 234,929 | $122K | New |
| OTGAW Otg Acquisition Corp. I - 30 | *W EXP 09/05/203 | 376,750 | $121K | No change |
| RUMBW Rumble Inc.-CW28 | *W EXP 09/16/202 | 58,593 | $114K | Add +17.1% |
| APXTW Apex Treasury Corp. -30 | *W EXP 10/07/203 | 406,780 | $113K | New |
| BCARW D Boral Arc Acquisition - 30 | *W EXP 07/23/203 | 307,726 | $112K | Reduce -31.6% |
| LKSPR Lake Superior Acquisition Co. | RIGHT 09/19/2030 | 60,000 | $112K | New |
| CRAQR Cal Redwood Acquisition Corp. | RIGHT 05/15/2030 | 368,363 | $111K | No change |
| TVACW Texas Ventures Acq -31 | *W EXP 04/23/203 | 121,250 | $109K | Reduce -67.3% |
| WLACW Willow Lane Acquisition - 29 | *W EXP 10/31/203 | 25,000 | $106K | Reduce -57.6% |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | 351,200 | $105K | Reduce -6.3% |
| PMTRW Perimeter Acquis Corp. I -30 | *W EXP 05/13/203 | 145,695 | $103K | Add +350.9% |
| HVMCW Highview Merger Corp. - 30 | *W EXP 07/24/203 | 375,000 | $101K | No change |
| TDACW Translational Dev -A -CW26 | *W EXP 12/18/202 | 325,000 | $101K | No change |
| OYSER Oyster Enterprises II Acquis | RIGHT 05/22/2030 | 501,530 | $100K | Reduce -28.0% |
| APADR A Paradise Acquisition Corp. | RIGHT 07/29/2025 | 398,596 | $100K | Add +165.7% |
| RNGTW Range Capital Acquisition Co. | *W EXP 09/29/203 | 300,000 | $99K | New |
| NTWOW Newbury Street II Acq - 29 | *W EXP 06/01/203 | 387,074 | $97K | No change |
| GSHRW Gesher Acquisition Corp. I-30 | *W EXP 10/31/203 | 212,500 | $96K | No change |
| DRDBW Roman DBDR Acquisition -30 | *W EXP 10/31/203 | 156,939 | $91K | No change |
| NSTR.WS Viking Acquisition Corp. I | *W EXP 11/03/203 | 216,666 | $91K | New |
| RAAQW REAL ASSET AQC Corp -30 | *W EXP 04/24/203 | 200,000 | $86K | Reduce -38.5% |
| RAC.WS Rithm Acquisition Corp. - 30 | *W EXP 99/99/999 | 125,000 | $86K | No change |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | 500,000 | $85K | No change |
| NHICW Newhold Investment Corp. - 30 | *W EXP 01/30/203 | 188,408 | $85K | Reduce -57.0% |
| SOCAW Solarius Capital Acqui -30 | *W EXP 07/10/203 | 300,000 | $84K | No change |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | 349,976 | $84K | Reduce -12.5% |
| HAVAR Harvard Ave Acquisition | RIGHT 99/99/9999 | 750,000 | $81K | New |
| TLNCW Talon Capital Corp.-30 | *W EXP 08/27/203 | 135,019 | $80K | Reduce -27.6% |
| TVAIR Thayer Ventures Acquisition | RIGHT 05/15/2030 | 375,000 | $79K | No change |
| FERAR Fifth Era Acquisition Corp. I | RIGHT 02/21/2030 | 200,000 | $78K | No change |
| LATAW Galata Acquisition Corp. - 30 | *W EXP 09/12/203 | 193,462 | $77K | Add +15.6% |
| PLMKW Plum Acquisition Corp. IV-30 | *W EXP 08/19/202 | 281,068 | $76K | Reduce -33.9% |
| LCCCR Lakeshore Acquisition III Co. | RIGHT 08/01/2026 | 300,000 | $75K | No change |
| SSEAR Starry Sea Acquisition C-RTS | RIGHT 07/07/2030 | 250,000 | $72K | No change |
| SATLW Satellogic Inc.-A -23 | *W EXP 01/25/202 | 278,840 | $71K | No change |
| KOYNW CSLM Digital Asset Acquisiti | *W EXP 08/28/203 | 198,846 | $70K | Reduce -38.8% |
| EVAC.WS Eqv Ventures Acquisition Cor | *W EXP 06/30/203 | 197,760 | $69K | Reduce -15.3% |
| MBVIW M3-Brigade Acquisition Vi Co. | *W EXP 08/18/203 | 183,333 | $68K | No change |
| EGHAR Egh Acquisition Corp.-RTS | RIGHT 99/99/9999 | 274,833 | $66K | Reduce -14.1% |
| BDCIW BTC Development Corp. - 30 | *W EXP 09/11/203 | 96,142 | $65K | Reduce -3.9% |
| CHECW Chenghe Acquisition III Co. | *W EXP 09/09/203 | 325,000 | $65K | No change |
| HSPTR Horizon Space Acquisition II | RIGHT 03/30/2026 | 400,000 | $64K | No change |
| PSQH.WS Colombier Acq Class A -CW28 | *W EXP 07/19/202 | 673,474 | $64K | No change |
| BCSS.WS Bain Capital GSS Investment | *W EXP 01/01/202 | 97,983 | $64K | Reduce -38.8% |
| CHARR Charlton Aria Acquisi-Rights | RIGHT 12/31/2026 | 325,000 | $62K | No change |
| COLAR Columbus Acquisition Corp. | RIGHT 99/99/9999 | 174,814 | $61K | Reduce -41.6% |
| KFIIR K&F Growth Acquisition Corp. | RIGHT 08/29/2031 | 374,953 | $60K | No change |
| EVOXW Evolution Global Acquisition | *W EXP 10/22/203 | 150,000 | $57K | New |
| JENA ACQUISITION CORP II-RTS | RIGHT 03/31/2030 | 288,672 | $56K | Add +334.9% |
| OABIW Omniab Inc. - CW26 | *W EXP 99/99/999 | 465,229 | $56K | No change |
| NOEMR CO2 Energy Transition Co.-RTS | RIGHT 10/15/2028 | 290,000 | $55K | No change |
| OBAWW Oxley Bridge Acq Ltd. -30 | *W EXP 06/17/203 | 250,000 | $55K | No change |
| RIBBR Ribbon Acquisition Corp. | RIGHT 12/31/2026 | 250,000 | $55K | No change |
| SVIAW Procap Financial Inc. | *W EXP 12/05/203 | 77,500 | $54K | New |
| CRACR Crown Reserve Acquisitio-RTS | RIGHT 10/06/2030 | 300,000 | $54K | New |
| TDWDR Tailwind 2.0 Acquisition-RTS | RIGHT 11/07/2030 | 300,000 | $49K | New |
| ALDFW Aldel Financial II Inc. - 29 | *W EXP 09/26/203 | 89,386 | $49K | Reduce -40.6% |
| NOEMW CO2 Energy Transition -28 | *W EXP 08/17/202 | 290,000 | $49K | No change |
| IGACR Invest Green Acquisition-RTS | RIGHT 11/17/2030 | 256,401 | $49K | New |
| ORIQW Origin Investment Corp. I -30 | *W EXP 06/27/203 | 250,000 | $48K | No change |
| EMISR Emmis Acquisition Corp. | RIGHT 09/12/2030 | 300,000 | $45K | No change |
| YCY.WS Aa Mission Acquisition -31 | *W EXP 07/23/203 | 200,000 | $44K | New |
| BSAAR Best Spac I Acquisition - RT | RIGHT 05/27/2030 | 275,000 | $42K | No change |
| BLZRW Trailblazer Acqui Corp. -30 | *W EXP 09/30/203 | 84,172 | $40K | No change |
| MMTXW Miluna Acquisition Corp. | *W EXP 09/29/203 | 300,000 | $39K | New |
| CCAQW Dune Acquisition Corp. II -30 | *W EXP 04/04/203 | 150,000 | $38K | No change |
| CRGOW Freightos Ltd.-CW28 | *W EXP 99/99/999 | 250,000 | $37K | No change |
| DNMXW Dynamix Corp. III | *W EXP 10/10/203 | 100,000 | $36K | New |
| QSEAR Quartzsea Acquisition Corp. | RIGHT 02/18/2030 | 175,000 | $35K | No change |
| PGACR Pantages Capital Acquis-RT | RIGHT 11/15/2029 | 175,000 | $35K | No change |
| BIXIW Bitcoin Infrastructure Acqui | *W EXP 11/06/203 | 125,000 | $35K | New |
| DAAQW Digital Asset Acquisition-30 | *W EXP 04/01/203 | 84,618 | $34K | Reduce -37.1% |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | 18,803 | $34K | Reduce -57.1% |
| ASPCR A Spac III Acquisition Corp. | RIGHT 01/02/2026 | 174,680 | $33K | Reduce -12.7% |
| MKLYR McKinley Acquisition Corp. | RIGHT 07/25/2030 | 300,000 | $33K | No change |
| LWACW Lightwave Acquisition Corp. | *W EXP 06/06/203 | 119,845 | $32K | Reduce -3.7% |
| PCAPW Procap Acq Corp. A -30 | *W EXP 05/16/203 | 103,652 | $32K | Add +8.3% |
| PACHW Pioneer Acquisition I Corp. | *W EXP 06/16/203 | 123,000 | $32K | No change |
| HOVRW Pono Capital Three Inc.-A-28 | *W EXP 02/14/202 | 99,290 | $32K | No change |
| QUMSR Quantumsphere Acquisition Co. | RIGHT 08/06/2030 | 150,000 | $32K | Reduce -36.2% |
| AXINR Axiom Intelligence Acquisiti | RIGHT 06/10/2030 | 150,000 | $32K | No change |
| AUROW Aurora Innovation Inc. -CW28 | *W EXP 11/03/202 | 136,655 | $31K | Reduce -70.2% |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | 50,000 | $29K | Reduce -31.8% |
| QETAR Quetta Acquisition Corp.-RTS | RIGHT 99/99/9999 | 14,090 | $29K | No change |
| OACCW Oaktree Acquisition III -31 | *W EXP 09/01/203 | 39,680 | $28K | Reduce -0.8% |
| DTSQR DT Cloud Star Acquisition Co. | RIGHT 07/09/2029 | 195,000 | $27K | No change |
| DYORW Insight Digital Partners II | *W EXP 10/28/203 | 72,400 | $24K | New |
| LPBBW Launch Two Acquisition -29 | *W EXP 10/09/202 | 75,000 | $24K | No change |
| CHPGR Championsgate Acquisition Co. | RIGHT 05/14/2030 | 125,000 | $23K | No change |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | 162,500 | $23K | No change |
| PAII.WS Pyrophyte Acquisition Corp. I | *W EXP 07/30/203 | 56,645 | $23K | No change |
| ATIIW Archimedes Tech-30 | *W EXP 10/15/202 | 39,994 | $22K | No change |
| VNMEW Vendome Acquisition Corp. I | *W EXP 07/03/202 | 87,500 | $22K | Reduce -36.4% |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 186,527 | $21K | No change |
| VACHW Voyager Acquisition Corp. -CW | *W EXP 05/16/203 | 100,000 | $21K | No change |
| TMSWW Live Oak Acquisition Co.-CW29 | *W EXP 99/99/999 | 20,708 | $20K | Reduce -87.7% |
| BAYAR Bayview Acquisition Corp. | RIGHT 11/17/2028 | 100,000 | $20K | No change |
| GTERR Globa Terra Acquisition-RTS | RIGHT 06/17/2030 | 150,000 | $20K | No change |
| WSTNR Westin Acquisition Corp.-RTS | RIGHT 09/17/2030 | 100,000 | $19K | New |
| EVGO INC | *W EXP 07/01/202 | 238,500 | $18K | No change |
| WTGUR Wintergreen Acquisition-RT | RIGHT 99/99/9999 | 100,000 | $16K | No change |
| GTERW Globa Terra Acquisition - 30 | *W EXP 06/17/203 | 112,500 | $14K | No change |
| CRACW Crown Reserve Acquisition Co. | *W EXP 10/06/203 | 150,000 | $13K | New |
| MCGAW Yorkville Acquisition - 30 | *W EXP 06/06/203 | 24,303 | $12K | No change |
| CINGW Cingulate -CW23 | *W EXP 12/10/202 | 210,798 | $12K | No change |
| EDBLW Edible Garden AG Inc.-CW27 | *W EXP 99/99/999 | 100,000 | $10K | No change |
| SCAGW Scage Future -30 | *W EXP 05/15/203 | 149,298 | $10K | No change |
| UCFIW Iron Horse Acquisition Co.-29 | *W EXP 09/30/203 | 97,000 | $9K | No change |
| TACHW Titan Acquisition Corp -30 | *W EXP 05/16/203 | 23,351 | $8K | Reduce -26.5% |
| LOTWW Lotus Technology Inc.-28 | *W EXP 02/22/202 | 137,142 | $8K | No change |
| FGIWW Fgi Industries Ltd. -23 | *W EXP 99/99/999 | 160,372 | $7K | No change |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | 14,357 | $5K | Reduce -94.8% |
| NXATW K Wave Media Ltd.-28 | *W EXP 05/14/203 | 150,115 | $5K | No change |
| BENFW Beneficient Co. Group -28 | *W EXP 06/07/202 | 300,000 | $3K | No change |
| FUSEW CSLM Holdings Inc. - 30 | *W EXP 10/22/203 | 50,000 | $3K | New |
| TGE.WS Generation Essentials - 30 | *W EXP 02/15/202 | 13,251 | $2K | No change |
| CPTWF Captivision Inc.-28 | *W EXP 11/15/202 | 97,483 | $1K | No change |
Total filed on the 13F, all lines: $17.4B.
Portfolio Sells Q3 2025 → Q4 2025
| AMZN Amazon.com Inc. | Reduce -41.4% | 3.78% | −3.09 |
| NVDA Nvidia Corp. | Reduce -6.2% | 6.54% | −1.28 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -65.8% | 0.57% | −1.25 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -70.4% | 0.41% | −1.01 |
| MSTR Strategy Inc. | Reduce -80.5% | 0.09% | −0.95 |
| IBIT iShares Bitcoin Trust ETF | Reduce -52.6% | 0.36% | −0.74 |
| K Kellanova | Sold out | 0.00% | −0.70 |
| EA Electronic Arts Inc. | Reduce -49.6% | 0.51% | −0.61 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.61 |
| DASH DoorDash Inc. Class A | Reduce -51.9% | 0.31% | −0.56 |
| MRUS Merus NV | Sold out | 0.00% | −0.49 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.48 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.47 |
| SLG SL Green Realty Corp. | Reduce -65.2% | 0.15% | −0.47 |
| DLTR Dollar Tree Inc. | Reduce -43.7% | 0.76% | −0.40 |
| CUZ Cousins Properties Inc. | Reduce -45.1% | 0.29% | −0.38 |
| PLYM Plymouth Industrial REIT Inc. | Reduce -88.0% | 0.04% | −0.35 |
| COOP Mr Cooper Group Inc. | Sold out | 0.00% | −0.35 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.34 |
| BRX Brixmor Property Group Inc. | Reduce -76.5% | 0.09% | −0.34 |
| VRNA Verona Pharma Ltd. | Sold out | 0.00% | −0.34 |
| VNO Vornado Realty Trust | Reduce -30.6% | 0.34% | −0.33 |
| SMH Vaneck Semiconductor ETF | Reduce -93.4% | 0.02% | −0.30 |
| GOOG Alphabet Inc. Class C | Reduce -45.6% | 0.46% | −0.28 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.27 |
| BNL Broadstone Net Lease Inc. | Sold out | 0.00% | −0.27 |
| FLUT Flutter Entertainment PLC-Di | Reduce -15.7% | 0.45% | −0.26 |
| KIM Kimco Realty Corp. | Reduce -82.1% | 0.04% | −0.25 |
| COIN Coinbase Global Inc. Class A | Reduce -56.9% | 0.08% | −0.24 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.24 |
| ETNB 89BIO Inc. | Sold out | 0.00% | −0.22 |
| CUBE Cubesmart | Reduce -80.9% | 0.04% | −0.22 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −0.21 |
| VTR Ventas Inc. | Sold out | 0.00% | −0.21 |
| WEC WEC Energy Group Inc. | Reduce -65.4% | 0.08% | −0.21 |
| CTRE Caretrust REIT Inc. | Reduce -44.3% | 0.22% | −0.20 |
| LMT Lockheed Martin Corp. | Reduce -72.7% | 0.06% | −0.20 |
| HOOD Robinhood Markets Inc. Class A | Reduce -20.9% | 0.24% | −0.19 |
| PENN Penn Entertainment Inc. | Reduce -81.1% | 0.03% | −0.19 |
| QCOM Qualcomm Inc. | Reduce -94.7% | 0.01% | −0.18 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -60.6% | 0.10% | −0.18 |
| OHI Omega Healthcare Investors | Sold out | 0.00% | −0.18 |
| ABNB Airbnb Inc. Class A | Reduce -39.6% | 0.26% | −0.17 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.17 |
| NEM Newmont Corp. | Sold out | 0.00% | −0.17 |
| HD Home Depot Inc. | Reduce -63.9% | 0.06% | −0.16 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.16 |
| EW Edwards Lifesciences Corp. | Reduce -29.1% | 0.35% | −0.16 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.16 |
| ETHA iShares Ethereum Trust ETF | Reduce -86.7% | 0.01% | −0.15 |
Portfolio Buys Q3 2025 → Q4 2025
| PLTR Palantir Technologies Inc. Class A | Add +811.3% | 2.85% | +2.49 |
| MSFT Microsoft Corp. | Add +1104.2% | 2.53% | +2.28 |
| GOOGL Alphabet Inc. Class A | Add +756.5% | 1.97% | +1.77 |
| NFLX Netflix Inc. | Add +264.0% | 2.21% | +1.34 |
| AVGO Broadcom Inc. | Add +4390.9% | 1.18% | +1.15 |
| VRT Vertiv Holdings Co. Class A | New | 0.98% | +0.98 |
| AMD Advanced Micro Devices | Add +22.0% | 3.16% | +0.97 |
| SHOP Shopify Inc. Class A | Add +1285.0% | 0.93% | +0.86 |
| DIS The Walt Disney Co. | New | 0.80% | +0.80 |
| ISRG Intuitive Surgical Inc. | Add +333.7% | 1.00% | +0.80 |
| BA The Boeing Co. | Add +352.0% | 0.96% | +0.72 |
| HON Honeywell International Inc. | Add +1398.3% | 0.78% | +0.71 |
| EXAS Exact Sciences Corp. | New | 0.71% | +0.71 |
| WMT Walmart Inc. | Add +494.9% | 0.78% | +0.65 |
| ADBE Adobe Inc. | Add +24455.5% | 0.64% | +0.63 |
| META Meta Platforms Inc. Class A | Add +231.2% | 0.94% | +0.59 |
| JHG Janus Henderson Group PLC | New | 0.50% | +0.50 |
| SNPS Synopsys Inc. | Add +379.8% | 0.60% | +0.45 |
| PYPL PayPal Holdings Inc. | Add +9891.6% | 0.44% | +0.43 |
| CNC Centene Corp. | Add +1059.5% | 0.42% | +0.38 |
| BMNR Bitmine Immersion Technologi | New | 0.37% | +0.37 |
| VRTX Vertex Pharmaceuticals Inc. | Add +263.1% | 0.47% | +0.34 |
| NOW ServiceNow Inc. | Add +479.3% | 0.45% | +0.34 |
| GS Goldman Sachs Group Inc. | Add +2130.0% | 0.33% | +0.32 |
| LIN Linde PLC | Add +6726.9% | 0.31% | +0.31 |
| NSC Norfolk Southern Corp. | Add +121.4% | 0.61% | +0.29 |
| IWM iShares Russell 2000 ETF | Add +403.7% | 0.35% | +0.27 |
| COST Costco Wholesale Corp. | Add +56.2% | 1.08% | +0.25 |
| CRCL Circle Internet Group Inc. | Add +50100.8% | 0.25% | +0.25 |
| NBIX Neurocrine Biosciences Inc. | Add +652.9% | 0.27% | +0.23 |
| HOLX Hologic Inc. | New | 0.23% | +0.23 |
| AAPL Apple Inc. | Add +17.9% | 2.03% | +0.22 |
| MAA Mid-America Apartment Comm | New | 0.22% | +0.22 |
| INTC Intel Corp. | Add +240.7% | 0.31% | +0.22 |
| CAT Caterpillar Inc. | Add +2475.4% | 0.22% | +0.21 |
| AHR American Healthcare REIT Inc. | Add +87.9% | 0.46% | +0.21 |
| QRVO Qorvo Inc. | Add +9818.0% | 0.21% | +0.21 |
| NWE Northwestern Energy Group Inc. | New | 0.20% | +0.20 |
| CAR Avis Budget Group Inc. | New | 0.20% | +0.20 |
| CFLT Confluent Inc. Class A | New | 0.19% | +0.19 |
| PPL PPL Corp. | New | 0.19% | +0.19 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +803.2% | 0.21% | +0.18 |
| MA Mastercard Inc. Class A | New | 0.18% | +0.18 |
| NNN NNN REIT Inc. | Add +135.6% | 0.35% | +0.17 |
| COP Conocophillips | Add +3147.8% | 0.18% | +0.17 |
| NVRI Enviri Corp. | New | 0.17% | +0.17 |
| FXI iShares China Large-Cap ETF | New | 0.17% | +0.17 |
| XOM Exxon Mobil Corp. | Add +425.1% | 0.21% | +0.16 |
| ACLX Arcellx Inc. | New | 0.16% | +0.16 |
| UDR Udr Inc. | Add +182.3% | 0.25% | +0.15 |
Options Activity Q3 2025 → Q4 2025
| TSLA Tesla Inc. | put | Add +37.6% | 3,020,000 | $1.4B |
| NVDA Nvidia Corp. | put | Reduce -15.7% | 5,986,900 | $1.1B |
| AMZN Amazon.com Inc. | put | Reduce -32.5% | 2,952,000 | $681.4M |
| AMD Advanced Micro Devices | put | Add +42.9% | 2,750,000 | $588.9M |
| TSLA Tesla Inc. | call | Add +173.7% | 1,244,000 | $559.5M |
| IWM iShares Russell 2000 ETF | put | Reduce -37.5% | 2,249,000 | $553.6M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -40.6% | 705,800 | $481.3M |
| PLTR Palantir Technologies Inc. Class A | put | Add +439.5% | 2,697,500 | $479.5M |
| MSFT Microsoft Corp. | put | New | 924,000 | $446.9M |
| NFLX Netflix Inc. | put | Add +28.3% | 3,850,000 | $361.0M |
| BRK.B Berkshire Hathaway Inc. Class B | put | Add +0.9% | 690,000 | $346.8M |
| GOOGL Alphabet Inc. Class A | put | Add +390.0% | 980,000 | $306.7M |
| AAPL Apple Inc. | put | Reduce -40.8% | 1,096,000 | $298.0M |
| NFLX Netflix Inc. | call | Sold out | 2,200,000 | $263.8Mbefore exit |
| DLTR Dollar Tree Inc. | put | Reduce -20.0% | 2,000,000 | $246.0M |
| IBIT iShares Bitcoin Trust ETF | put | Reduce -16.7% | 4,611,100 | $228.9M |
| BA The Boeing Co. | put | Add +105.7% | 1,003,000 | $217.8M |
| AVGO Broadcom Inc. | put | New | 500,000 | $173.1M |
| SHOP Shopify Inc. Class A | put | New | 1,075,000 | $173.0M |
| COST Costco Wholesale Corp. | put | Add +166.7% | 200,000 | $172.5M |
| HOOD Robinhood Markets Inc. Class A | put | Reduce -5.0% | 1,520,000 | $171.9M |
| HOOD Robinhood Markets Inc. Class A | call | Reduce -28.5% | 1,350,000 | $152.7M |
| VRT Vertiv Holdings Co. Class A | put | Add +3580.0% | 920,000 | $149.0M |
| META Meta Platforms Inc. Class A | put | New | 222,400 | $146.8M |
| DIS The Walt Disney Co. | put | New | 1,100,000 | $125.1M |
| FXI iShares China Large-Cap ETF | put | Add +226.4% | 3,263,700 | $125.0M |
| HON Honeywell International Inc. | put | New | 625,000 | $121.9M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Reduce -78.6% | 1,500,000 | $120.9M |
| WDAY Workday Inc. Class A | put | Sold out | 500,000 | $120.4Mbefore exit |
| AAL American Airlines Group Inc. | put | Add +12.4% | 7,694,800 | $118.0M |
| ISRG Intuitive Surgical Inc. | put | New | 200,000 | $113.3M |
| WMT Walmart Inc. | put | New | 920,000 | $102.5M |
| COIN Coinbase Global Inc. Class A | put | Add +141.7% | 450,000 | $101.8M |
| TMUS T-Mobile US Inc. | put | Add +25.0% | 500,000 | $101.5M |
| ADBE Adobe Inc. | put | New | 290,000 | $101.5M |
| NBIS Nebius Group NV | put | Add +2775.0% | 1,150,000 | $96.3M |
| COIN Coinbase Global Inc. Class A | call | Add +1175.8% | 390,400 | $88.3M |
| CNC Centene Corp. | put | Add +1600.0% | 2,125,000 | $87.4M |
| UNH Unitedhealth Group Inc. | put | Sold out | 250,000 | $86.3Mbefore exit |
| AMD Advanced Micro Devices | call | New | 400,000 | $85.7M |
| ALNY Alnylam Pharmaceuticals Inc. | put | New | 200,000 | $79.5M |
| CDNS Cadence Design SYS Inc. | put | Add +66.7% | 250,000 | $78.1M |
| IBIT iShares Bitcoin Trust ETF | call | Sold out | 1,161,500 | $75.5Mbefore exit |
| NBIS Nebius Group NV | call | New | 900,000 | $75.3M |
| SNPS Synopsys Inc. | put | New | 160,000 | $75.2M |
| MSTR Strategy Inc. | put | Reduce -46.4% | 488,100 | $74.2M |
| LLY Eli Lilly & Co. | call | Sold out | 95,000 | $72.5Mbefore exit |
| NOW ServiceNow Inc. | put | New | 465,000 | $71.2M |
| PYPL PayPal Holdings Inc. | put | New | 1,197,000 | $69.9M |
| SLB SLB Ltd. | put | Sold out | 2,000,000 | $68.7Mbefore exit |
Showing the first 50 of 258.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Add +114.2% | 203,500,000 | $316.5M |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | Sold out | 279,129,000 | $314.7Mbefore exit |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | Sold out | 122,098,000 | $305.4Mbefore exit |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Add +17.6% | 82,554,417 | $276.5M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Add +27.6% | 262,066,000 | $269.9M |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Sold out | 259,028,000 | $257.3Mbefore exit |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | Add +4.7% | 123,646,000 | $170.0M |
| UNITI GROUP INC (UNIT 7.5 12/01/27) | NOTE 7.500%12/0 · principal | Add +12.2% | 120,103,000 | $131.0M |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Sold out | 27,500,000 | $123.1Mbefore exit |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | Add +11.2% | 84,308,000 | $91.8M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | Add +154.6% | 38,192,000 | $44.7M |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | Sold out | 42,913,000 | $42.2Mbefore exit |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Sold out | 212,231 | $19.4Mbefore exit |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Sold out | 15,000,000 | $14.7Mbefore exit |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | Sold out | 14,853,000 | $13.2Mbefore exit |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Add +40.9% | 1,469,128 | $12.4M |
| QBTS.WS D-Wave Quantum Inc. -27 | *W EXP 08/05/202 | Sold out | 427,213 | $10.4Mbefore exit |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | New | 10,000,000 | $10.0M |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | Sold out | 9,500,000 | $9.9Mbefore exit |
| USA RARE EARTH INC | *W EXP 03/13/203 | Sold out | 1,176,622 | $8.5Mbefore exit |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | New | 6,500,000 | $5.3M |
| CMPOW Composecure Inc. -CW25 | *W EXP 12/27/202 | Sold out | 232,127 | $3.0Mbefore exit |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | Add +20.0% | 676,309 | $1.7M |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | Add +596.4% | 631,242 | $1.7M |
| PL.WS Planet Labs PBC -CW26 | *W EXP 12/06/202 | Add +22.1% | 116,060 | $999K |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | Add +4.6% | 1,058,284 | $847K |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 | Add +123.5% | 506,840 | $775K |
| JOBY.WS Joby Aviation Inc. -CW25 | *W EXP 08/10/202 | Add +147.8% | 184,570 | $731K |
| NNAVW Nextnav Inc. | *W EXP 99/99/999 | Add +0.1% | 91,131 | $652K |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | New | 414,916 | $643K |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 10/28/203 | New | 247,400 | $524K |
| IPCXR Inflection Point Acquisition | RIGHT 04/25/2030 | Add +28.4% | 1,300,000 | $468K |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | Reduce -27.8% | 572,182 | $421K |
| BRRWW Columbus Circle Capital -30 | *W EXP 05/16/203 | Sold out | 318,498 | $354Kbefore exit |
| XRPNW Armada Acquisition Corp - A | *W EXP 05/21/203 | Add +10.1% | 375,776 | $334K |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 362,739 | $326K |
| GSRFR GSR IV Acquisition Corp.-RTS | RIGHT 08/22/2030 | Reduce -0.1% | 128,571 | $303K |
| EOS ENERGY ENTER -CW26 | *W EXP 11/17/202 | Sold out | 158,516 | $281Kbefore exit |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 | Add +24.2% | 521,341 | $193K |
| EVLVW Evolv Technologies -CW26 | *W EXP 07/16/202 | Add +71.3% | 636,678 | $190K |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | Add +37.7% | 455,888 | $182K |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | Reduce -51.8% | 217,043 | $174K |
| CHACR Crane Harbor Acquisition-RTS | RIGHT 04/17/2030 | Sold out | 450,000 | $144Kbefore exit |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 234,929 | $122K |
| RUMBW Rumble Inc.-CW28 | *W EXP 09/16/202 | Add +17.1% | 58,593 | $114K |
| APXTW Apex Treasury Corp. -30 | *W EXP 10/07/203 | New | 406,780 | $113K |
| BCARW D Boral Arc Acquisition - 30 | *W EXP 07/23/203 | Reduce -31.6% | 307,726 | $112K |
| LKSPR Lake Superior Acquisition Co. | RIGHT 09/19/2030 | New | 60,000 | $112K |
| TVACW Texas Ventures Acq -31 | *W EXP 04/23/203 | Reduce -67.3% | 121,250 | $109K |
| WLACW Willow Lane Acquisition - 29 | *W EXP 10/31/203 | Reduce -57.6% | 25,000 | $106K |
Showing the first 50 of 108.
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 | 984 | $18.9B | AMZN, TSM, TSLA, NVDA, SNDK |
| Q1 2026 | 1,048 | $14.9B | NVDA, TSLA, AMZN, AAPL, FLG |
| Q4 2025 | 859 | $15.9B | NVDA, TSLA, AMZN, AMD, PLTR |
| Q3 2025Amended | 856 | $14.2B | NVDA, AMZN, TSLA, FLG, AMD |
| Q2 2025Amended | 818 | $13.5B | NVDA, TSLA, MSTR, AMZN, AMD |
| Q1 2025 | 762 | $13.6B | NVDA, TSLA, FLG, AAPL, LLY |
| Q4 2024 | 591 | $13.9B | NVDA, AMZN, MSFT, AAPL, TSLA |
| Q3 2024 | 530 | $12.4B | NVDA, MSFT, AMZN, META, AAPL |
| Q2 2024 | 527 | $11.4B | NVDA, AMZN, AAPL, MSFT, LLY |
| Q1 2024 | 495 | $10.0B | SPY, MSFT, NVDA, AMZN, AAPL |