Ionic Capital Management LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Ionic Capital Management LLC reported 74 stock positions worth $125.2 million. Its top holding was Travel + Leisure (TNL) at 9.0% of the portfolio, followed by Constellium (CSTM, 8.5%) and Perrigo (PRGO, 8.1%). Compared with Q1 2024, it opened 35 new positions, sold out of 20, added to 12 and reduced 7. The biggest buy was a new position in iShares MSCI Eafe ETF (EFA) and the biggest sale Lucky Strike Entertainment C (LUCK, shares −76%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001386462
- Portfolio Value
- $125.2M (Q2 2024)
- SEC Filing
- 0000929638-24-002807 ↗ filed Aug 14, 2024
Holdings Value
Holdings 74 stocks · $125.2M
| TNL Travel + Leisure Co. | 9.00% | 250,519 | $11.3M | No change |
| CSTM Constellium SE | 8.54% | 567,363 | $10.7M | Add +0.5% |
| PRGO Perrigo Co. PLC | 8.15% | 397,284 | $10.2M | Add +76.6% |
| ALIT Alight Inc. Class A | 7.62% | 1,293,066 | $9.5M | Add +1.6% |
| FLEX Flex Ltd. | 6.17% | 262,069 | $7.7M | No change |
| GXO Gxo Logistics Inc. | 5.57% | 138,047 | $7.0M | Add +19.0% |
| DNB Dun & Bradstreet Holdings Inc. | 3.64% | 492,860 | $4.6M | Add +17.7% |
| EFA iShares MSCI Eafe ETF | 3.40% | 54,425 | $4.3M | New |
| KBR KBR Inc. | 3.35% | 65,460 | $4.2M | No change |
| ATMU Atmus Filtration Technologie | 3.23% | 140,440 | $4.0M | Add +191.2% |
| COHR Coherent Corp. | 2.02% | 35,000 | $2.5M | Reduce -10.0% |
| GMED Globus Medical Inc. Class A | 1.99% | 36,370 | $2.5M | Reduce -28.7% |
| PSLV Sprott Physical Silver Trust | 1.95% | 245,724 | $2.4M | Reduce -41.6% |
| LUCK Lucky Strike Entertainment C filed as BOWLERO CORP | 1.81% | 156,819 | $2.3M | Reduce -76.4% |
| QQQX Nuveen Nasdaq 100 DYN Overwr | 1.75% | 87,560 | $2.2M | No change |
| JBI Janus International Group Inc. | 1.72% | 170,074 | $2.1M | No change |
| GDX Vaneck Gold Miners ETF | 1.52% | 56,270 | $1.9M | Add +85.0% |
| DIAX Nuveen Dow 30 Dynamic Overwr | 1.36% | 121,561 | $1.7M | No change |
| BECN Beacon Roofing Supply Inc. | 1.36% | 18,772 | $1.7M | New |
| URI United Rentals Inc. | 1.25% | 2,430 | $1.6M | Reduce -16.2% |
| PWSC Powerschool Holdings Inc. Class A | 0.89% | 50,000 | $1.1M | New |
| PFGC Performance Food Group Co. | 0.87% | 16,524 | $1.1M | No change |
| GATE Marblegate Acquisition Cor-A | 0.86% | 100,000 | $1.1M | No change |
| MANU Manchester United PLC Class A | 0.85% | 66,000 | $1.1M | Add +32.0% |
| RIOT Riot Platforms Inc. | 0.80% | 109,595 | $1.0M | New |
| MXE Mexico Equity and Income FD | 0.78% | 102,336 | $982K | No change |
| NVEI Nuvei Corp.-Subordinate VTG | 0.78% | 30,000 | $971K | New |
| SCCO Southern Copper Corp. | 0.77% | 8,967 | $966K | New |
| KRE SS SPDR S&P Regional Bank | 0.76% | 19,400 | $953K | No change |
| TECK Teck Resources Ltd.-CLS B | 0.76% | 19,875 | $952K | New |
| ROIV Roivant Sciences Ltd. | 0.76% | 90,000 | $951K | Add +80.0% |
| XBI SS SPDR S&P Biotech ETF | 0.71% | 9,650 | $895K | No change |
| SMH Vaneck Semiconductor ETF | 0.70% | 3,375 | $880K | No change |
| SQSP Squarespace Inc. Class A | 0.70% | 20,000 | $873K | New |
| IWM iShares Russell 2000 ETF | 0.68% | 4,215 | $855K | No change |
| INTC Intel Corp. | 0.67% | 27,222 | $843K | New |
| SPOT Spotify Technology SA | 0.67% | 2,667 | $837K | New |
| GOOG Alphabet Inc. Class C | 0.66% | 4,500 | $825K | New |
| HUBS HubSpot Inc. | 0.64% | 1,355 | $799K | New |
| NKE Nike Inc. Class B | 0.60% | 10,000 | $754K | New |
| TDS Telephone and Data Systems | 0.60% | 36,000 | $746K | New |
| ENPH Enphase Energy Inc. | 0.54% | 6,721 | $670K | New |
| GBTG Global Business Travel Group | 0.53% | 100,452 | $663K | Reduce -23.5% |
| MKSI MKS Inc. filed as MKS INSTRS INC | 0.52% | 5,000 | $653K | New |
| IP International Paper Co. | 0.52% | 15,000 | $647K | New |
| CLSK Cleanspark Inc. | 0.47% | 37,169 | $593K | New |
| VRT Vertiv Holdings Co. Class A | 0.44% | 6,354 | $550K | New |
| IGV iShares Expanded Tech-Softwa | 0.44% | 6,325 | $550K | No change |
| CZR Caesars Entertainment Inc. | 0.42% | 13,186 | $524K | No change |
| LSXMA Liberty Media Corp. Class A New | 0.39% | 22,000 | $487K | New |
| SNX TD Synnex Corp. | 0.37% | 4,000 | $462K | New |
| CIFR Cipher Digital Inc. | 0.37% | 111,000 | $461K | New |
| VSTS Vestis Corp. | 0.36% | 36,576 | $447K | Reduce -26.9% |
| AMZN Amazon.com Inc. | 0.35% | 2,250 | $435K | New |
| RBLX Roblox Corp. Class A | 0.33% | 11,073 | $412K | New |
| GLD SPDR Gold Shares | 0.33% | 1,910 | $411K | New |
| MXF Mexico Fund Inc. | 0.30% | 23,500 | $376K | No change |
| LSXMK Liberty Media Corp.-Liber-New | 0.26% | 14,730 | $326K | Add +17.1% |
| AMC AMC Entertainment HLDS Class A | 0.26% | 64,804 | $323K | New |
| WDC Western Digital Corp. | 0.26% | 4,239 | $321K | New |
| XSSPX Nuveen S&P 500 Dynam Overwr | 0.25% | 19,142 | $313K | No change |
| GDXJ Vaneck Junior Gold Miners | 0.21% | 6,374 | $268K | New |
| GME Gamestop Corp. Class A | 0.20% | 10,000 | $247K | New |
| RIVN Rivian Automotive Inc. Class A | 0.16% | 15,000 | $201K | New |
| CDE Coeur Mining Inc. | 0.16% | 35,000 | $197K | New |
| X United States Steel Corp. | 0.15% | 5,000 | $189K | New |
| LCID Lucid Group Inc. | 0.15% | 72,000 | $188K | New |
| JOBY Joby Aviation Inc. | 0.15% | 36,808 | $188K | Add +52.8% |
| SIRI Sirius XM Holdings Inc. | 0.12% | 51,578 | $146K | Add +163.4% |
| VFS Vinfast Auto Ltd. | 0.07% | 20,461 | $88K | New |
| PYPL PayPal Holdings Inc. | 0.01% | 300 | $17K | New |
| LVWR Livewire Group Inc. | 0.00% | 100 | $766 | No change |
| EVEX Eve Holding Inc. filed as EVE HLDG INC | 0.00% | 171 | $693 | No change |
| EEM iShares MSCI Emerging Market | 0.00% | 2 | $85 | No change |
Options reported separately and not counted above: QQQ puts ($148.5M), HYG puts ($83.1M), QQQ calls ($64.7M), EEM puts ($17.0M), EEM calls ($8.5M), EFA puts ($7.8M), DM puts ($7.2M), GOOG calls ($6.9M), XLI calls ($6.1M), XLI puts ($6.1M), SCCO puts ($4.8M), AVPT puts ($4.2M), and 22 more.
Other holdings (41): bonds, preferreds, convertibles and warrants · $65.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MARA HOLDINGS INC (MARA 1 12/01/26) | NOTE 1.000%12/0 · principal | 11,050,000 | $9.5M | Add +37.3% |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 8,835,000 | $7.6M | Add +164.9% |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | 7,500,000 | $6.9M | Add +158.6% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 7,500,000 | $6.8M | Add +50.0% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 7,622,000 | $6.1M | Add +88.2% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 7,000,000 | $5.9M | Add +75.0% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 5,975,000 | $5.4M | Add +71.9% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 4,850,000 | $5.1M | New |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 3,900,000 | $3.6M | Add +62.5% |
| AVPTW Avepoint Inc.-CW24 | *W EXP 09/18/202 | 1,246,559 | $2.2M | Reduce -4.4% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 1,650,000 | $1.5M | No change |
| ASTSW Ast Spacemobile Inc.-CW24 | *W EXP 04/06/202 | 283,312 | $1.2M | Reduce -87.8% |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | 1,611,708 | $790K | Add +1.1% |
| HAGERTY INC | *W EXP 12/02/202 | 277,759 | $569K | Add +17.3% |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | 1,303,051 | $485K | Add +3.3% |
| RDW.WS Redwire Corp. -CW27 | *W EXP 05/27/202 | 313,995 | $440K | Reduce -75.8% |
| SEATW Vivid Seats Inc. -CW26 | *W EXP 10/18/202 | 605,389 | $430K | Add +1.0% |
| EVEX.WS Eve Holdng Inc. -CW25 | *W EXP 05/09/202 | 630,623 | $219K | Reduce -33.2% |
| GBGWF Global Blue Group Holding AG | *W EXP 08/28/202 | 2,410,985 | $193K | No change |
| SLND.WS Legato Merger Corp. II -CW23 | *W EXP 02/14/202 | 274,981 | $94K | Add +15.4% |
| T1 ENERGY INC | *W EXP 07/09/202 | 598,808 | $90K | Reduce -21.6% |
| LVWR.WS Livewire Group Inc.-27 | *W EXP 09/26/202 | 400,013 | $76K | Add +12.6% |
| FUFUW Bitfufu Inc.-28 | *W EXP 03/01/202 | 150,000 | $55K | New |
| GATEW Marblegate Acquisition -CW22 | *W EXP 08/31/202 | 1,146,325 | $43K | Add +135.5% |
| LANWF Lanvin Group Holdings Ltd.-27 | *W EXP 01/14/202 | 1,089,585 | $36K | Add +0.0% |
| BFLYW Butterfly Network Inc. -CW25 | *W EXP 02/12/202 | 1,375,143 | $32K | Reduce -7.4% |
| RSVRW Reservoir Media-CW26 | *W EXP 08/26/202 | 18,056 | $27K | Reduce -76.0% |
| CPTWF Captivision Inc.-28 | *W EXP 11/15/202 | 198,896 | $15K | No change |
| FOACW Finance of America Cos -CW26 | *W EXP 04/08/202 | 1,760,289 | $14K | Reduce -4.4% |
| MNTSW Momentus Inc.-CW26 | *W EXP 08/12/202 | 1,333,055 | $13K | Reduce -18.5% |
| MVSTW Microvast Hold Inc.-CW26 | *W EXP 07/23/202 | 554,624 | $12K | Reduce -67.9% |
| VWEWQ Vintage Wine Estates -CW27 | *W EXP 06/08/202 | 1,082,340 | $10K | Reduce -2.5% |
| GBBKR Global Blockchain Acq - RTS | RIGHT 05/09/2027 | 160,781 | $10K | No change |
| CHEER HLDG INC | *W EXP 02/13/202 | 2,188,580 | $9K | No change |
| TETWF Technology & Telecommuni -27 | *W EXP 04/15/202 | 127,407 | $4K | Reduce -29.6% |
| WHOLE EARTH BRANDS INC | *W EXP 06/25/202 | 96,386 | $4K | No change |
| ASCWF A Spac II Acquisition -CW27 | *W EXP 10/15/202 | 199,504 | $3K | Reduce -20.0% |
| COEPW Bull Horn Holdings Corp.-CW25 | *W EXP 10/28/202 | 93,559 | $2K | No change |
| MSSWF Metal SKY Star Acq -CW27 | *W EXP 03/31/202 | 146,598 | $2K | Reduce -2.1% |
| ALSWF Alpha Star Acquisition -CW23 | *W EXP 12/13/202 | 146,697 | $2K | No change |
| IVDAW Iveda Solutions Inc. -CW27 | *W EXP 04/01/202 | 20,000 | $2K | No change |
Total filed on the 13F, all lines: $190.6M.
Portfolio Sells Q1 2024 → Q2 2024
| LUCK Lucky Strike Entertainment C | Reduce -76.4% | 1.81% | −5.87 |
| EWZ iShares MSCI Brazil ETF | Sold out | 0.00% | −2.76 |
| PSLV Sprott Physical Silver Trust | Reduce -41.6% | 1.95% | −0.99 |
| FREE Whole Earth Brands Inc. | Sold out | 0.00% | −0.97 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.76 |
| PLNT Planet Fitness Inc. Class A | Sold out | 0.00% | −0.69 |
| XRX Xerox Holdings Corp. | Sold out | 0.00% | −0.63 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.62 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.55 |
| URI United Rentals Inc. | Reduce -16.2% | 1.25% | −0.51 |
| VSTS Vestis Corp. | Reduce -26.9% | 0.36% | −0.45 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.43 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.33 |
| GMED Globus Medical Inc. Class A | Reduce -28.7% | 1.99% | −0.31 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.30 |
| GRAB Grab Holdings Ltd. Class A | Sold out | 0.00% | −0.23 |
| ASTS Ast Spacemobile Inc. | Sold out | 0.00% | −0.22 |
| OPFI Oppfi Inc. | Sold out | 0.00% | −0.18 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.17 |
| MNST Monster Beverage Corp. | Sold out | 0.00% | −0.16 |
| GBTG Global Business Travel Group | Reduce -23.5% | 0.53% | −0.13 |
| SOFI Sofi Technologies Inc. | Sold out | 0.00% | −0.12 |
| DIREXION SHS ETF TR | Sold out | 0.00% | −0.06 |
| COEPTIS THERAPEUTICS HLDGS I | Sold out | 0.00% | −0.01 |
| DM Desktop Metal Inc. Class A | Sold out | 0.00% | −0.00 |
| SES Ses AI Corp. | Sold out | 0.00% | −0.00 |
| COHR Coherent Corp. | Reduce -10.0% | 2.02% | +0.04 |
Portfolio Buys Q1 2024 → Q2 2024
| EFA iShares MSCI Eafe ETF | New | 3.40% | +3.40 |
| PRGO Perrigo Co. PLC | Add +76.6% | 8.15% | +2.05 |
| ATMU Atmus Filtration Technologie | Add +191.2% | 3.23% | +1.92 |
| BECN Beacon Roofing Supply Inc. | New | 1.36% | +1.36 |
| PWSC Powerschool Holdings Inc. Class A | New | 0.89% | +0.89 |
| RIOT Riot Platforms Inc. | New | 0.80% | +0.80 |
| NVEI Nuvei Corp.-Subordinate VTG | New | 0.78% | +0.78 |
| SCCO Southern Copper Corp. | New | 0.77% | +0.77 |
| TECK Teck Resources Ltd.-CLS B | New | 0.76% | +0.76 |
| GDX Vaneck Gold Miners ETF | Add +85.0% | 1.52% | +0.71 |
| SQSP Squarespace Inc. Class A | New | 0.70% | +0.70 |
| INTC Intel Corp. | New | 0.67% | +0.67 |
| SPOT Spotify Technology SA | New | 0.67% | +0.67 |
| GOOG Alphabet Inc. Class C | New | 0.66% | +0.66 |
| HUBS HubSpot Inc. | New | 0.64% | +0.64 |
| NKE Nike Inc. Class B | New | 0.60% | +0.60 |
| TDS Telephone and Data Systems | New | 0.60% | +0.60 |
| ENPH Enphase Energy Inc. | New | 0.54% | +0.54 |
| MKSI MKS Inc. | New | 0.52% | +0.52 |
| IP International Paper Co. | New | 0.52% | +0.52 |
| CLSK Cleanspark Inc. | New | 0.47% | +0.47 |
| VRT Vertiv Holdings Co. Class A | New | 0.44% | +0.44 |
| LSXMA Liberty Media Corp. Class A New | New | 0.39% | +0.39 |
| SNX TD Synnex Corp. | New | 0.37% | +0.37 |
| CIFR Cipher Digital Inc. | New | 0.37% | +0.37 |
| AMZN Amazon.com Inc. | New | 0.35% | +0.35 |
| RBLX Roblox Corp. Class A | New | 0.33% | +0.33 |
| GLD SPDR Gold Shares | New | 0.33% | +0.33 |
| ROIV Roivant Sciences Ltd. | Add +80.0% | 0.76% | +0.32 |
| GXO Gxo Logistics Inc. | Add +19.0% | 5.57% | +0.31 |
| MANU Manchester United PLC Class A | Add +32.0% | 0.85% | +0.26 |
| AMC AMC Entertainment HLDS Class A | New | 0.26% | +0.26 |
| WDC Western Digital Corp. | New | 0.26% | +0.26 |
| GDXJ Vaneck Junior Gold Miners | New | 0.21% | +0.21 |
| GME Gamestop Corp. Class A | New | 0.20% | +0.20 |
| RIVN Rivian Automotive Inc. Class A | New | 0.16% | +0.16 |
| CDE Coeur Mining Inc. | New | 0.16% | +0.16 |
| X United States Steel Corp. | New | 0.15% | +0.15 |
| LCID Lucid Group Inc. | New | 0.15% | +0.15 |
| DNB Dun & Bradstreet Holdings Inc. | Add +17.7% | 3.64% | +0.10 |
| VFS Vinfast Auto Ltd. | New | 0.07% | +0.07 |
| SIRI Sirius XM Holdings Inc. | Add +163.4% | 0.12% | +0.05 |
| JOBY Joby Aviation Inc. | Add +52.8% | 0.15% | +0.04 |
| PYPL PayPal Holdings Inc. | New | 0.01% | +0.01 |
| LSXMK Liberty Media Corp.-Liber-New | Add +17.1% | 0.26% | −0.05 |
| CSTM Constellium SE | Add +0.5% | 8.54% | −1.97 |
| ALIT Alight Inc. Class A | Add +1.6% | 7.62% | −2.94 |
Options Activity Q1 2024 → Q2 2024
| QQQ Invesco QQQ Trust Series 1 | put | Add +606.1% | 310,000 | $148.5M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | New | 1,077,500 | $83.1M |
| QQQ Invesco QQQ Trust Series 1 | call | Add +575.0% | 135,000 | $64.7M |
| EEM iShares MSCI Emerging Market | put | Reduce -52.9% | 400,000 | $17.0M |
| EWZ iShares MSCI Brazil ETF | put | Sold out | 450,000 | $14.6Mbefore exit |
| EEM iShares MSCI Emerging Market | call | Reduce -60.0% | 200,000 | $8.5M |
| EFA iShares MSCI Eafe ETF | put | New | 100,000 | $7.8M |
| DM Desktop Metal Inc. Class A | put | Add +824.2% | 1,749,200 | $7.2M |
| GOOG Alphabet Inc. Class C | call | New | 37,500 | $6.9M |
| XLI SS Industrial Select Sector | put | Reduce -50.0% | 50,000 | $6.1M |
| SCCO Southern Copper Corp. | put | New | 45,000 | $4.8M |
| SLV iShares Silver Trust | call | Sold out | 200,000 | $4.5Mbefore exit |
| AVPT Avepoint Inc. | put | Reduce -15.3% | 399,700 | $4.2M |
| CRM Salesforce Inc. | call | New | 12,000 | $3.1M |
| PYPL PayPal Holdings Inc. | call | New | 50,000 | $2.9M |
| DIS The Walt Disney Co. | call | New | 27,000 | $2.7M |
| PFE Pfizer Inc. | call | Add +71.4% | 90,000 | $2.5M |
| X United States Steel Corp. | call | New | 62,500 | $2.4M |
| BABA Alibaba Group Holding-SP ADR | call | Add +184.5% | 29,300 | $2.1M |
| RDW Redwire Corp. | put | Reduce -40.7% | 276,700 | $2.0M |
| FCX Freeport-McMoran Inc. | put | New | 40,000 | $1.9M |
| FCX Freeport-McMoran Inc. | call | New | 40,000 | $1.9M |
| NVDA Nvidia Corp. | call | Add +66.7% | 15,000 | $1.9M |
| ACHR Archer Aviation Inc. Class A | put | Reduce -35.5% | 435,300 | $1.5M |
| CAG Conagra Brands Inc. | call | Sold out | 50,000 | $1.5Mbefore exit |
| AMD Advanced Micro Devices | call | Add +80.0% | 9,000 | $1.5M |
| DIREXION SHS ETF TR | put | Sold out | 130,300 | $1.2Mbefore exit |
| VIVID SEATS INC | put | Add +100.0% | 200,000 | $1.1M |
| SNAP Snap Inc. Class A | call | Sold out | 97,200 | $1.1Mbefore exit |
| MNST Monster Beverage Corp. | call | Sold out | 15,900 | $943Kbefore exit |
| TH Target Hospitality Corp. | put | Sold out | 80,300 | $873Kbefore exit |
| NVDA Nvidia Corp. | put | Sold out | 9,000 | $813Kbefore exit |
| LCID Lucid Group Inc. | put | New | 300,000 | $783K |
| CLF Cleveland-Cliffs Inc. | put | Sold out | 34,400 | $782Kbefore exit |
| DNUT Krispy Kreme Inc. | call | New | 70,100 | $754K |
| JOBY Joby Aviation Inc. | put | Add +24.5% | 100,000 | $510K |
| TTI Tetra Technologies Inc. | put | Sold out | 67,500 | $299Kbefore exit |
| GRAB Grab Holdings Ltd. Class A | put | Reduce -79.8% | 51,000 | $181K |
| TH Target Hospitality Corp. | call | Sold out | 16,100 | $175Kbefore exit |
| OPFI Oppfi Inc. | put | Reduce -69.7% | 38,600 | $131K |
| MNY Moneyhero Ltd. Class A | call | Sold out | 52,200 | $96Kbefore exit |
| ASTS Ast Spacemobile Inc. | put | Reduce -96.6% | 2,800 | $33K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024
| MARA HOLDINGS INC (MARA 1 12/01/26) | NOTE 1.000%12/0 · principal | Add +37.3% | 11,050,000 | $9.5M |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | Add +164.9% | 8,835,000 | $7.6M |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | Add +158.6% | 7,500,000 | $6.9M |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | Add +50.0% | 7,500,000 | $6.8M |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | Add +88.2% | 7,622,000 | $6.1M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Add +75.0% | 7,000,000 | $5.9M |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | Add +71.9% | 5,975,000 | $5.4M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | New | 4,850,000 | $5.1M |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | Add +62.5% | 3,900,000 | $3.6M |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | Sold out | 3,275,000 | $3.2Mbefore exit |
| AVPTW Avepoint Inc.-CW24 | *W EXP 09/18/202 | Reduce -4.4% | 1,246,559 | $2.2M |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | Sold out | 1,575,000 | $1.5Mbefore exit |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | Sold out | 1,500,000 | $1.4Mbefore exit |
| ASTSW Ast Spacemobile Inc.-CW24 | *W EXP 04/06/202 | Reduce -87.8% | 283,312 | $1.2M |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | Add +1.1% | 1,611,708 | $790K |
| HAGERTY INC | *W EXP 12/02/202 | Add +17.3% | 277,759 | $569K |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | Add +3.3% | 1,303,051 | $485K |
| RDW.WS Redwire Corp. -CW27 | *W EXP 05/27/202 | Reduce -75.8% | 313,995 | $440K |
| SEATW Vivid Seats Inc. -CW26 | *W EXP 10/18/202 | Add +1.0% | 605,389 | $430K |
| GRND.WS Grindr Inc. -26 | *W EXP 11/18/202 | Sold out | 129,216 | $298Kbefore exit |
| EVEX.WS Eve Holdng Inc. -CW25 | *W EXP 05/09/202 | Reduce -33.2% | 630,623 | $219K |
| EVLVW Evolv Technologies -CW26 | *W EXP 07/16/202 | Sold out | 223,598 | $136Kbefore exit |
| SLND.WS Legato Merger Corp. II -CW23 | *W EXP 02/14/202 | Add +15.4% | 274,981 | $94K |
| T1 ENERGY INC | *W EXP 07/09/202 | Reduce -21.6% | 598,808 | $90K |
| LVWR.WS Livewire Group Inc.-27 | *W EXP 09/26/202 | Add +12.6% | 400,013 | $76K |
| AUROW Aurora Innovation Inc. -CW28 | *W EXP 11/03/202 | Sold out | 263,193 | $71Kbefore exit |
| GRABW Grab Holdings Ltd.-CW 26 | *W EXP 99/99/999 | Sold out | 319,990 | $65Kbefore exit |
| FUFUW Bitfufu Inc.-28 | *W EXP 03/01/202 | New | 150,000 | $55K |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | Sold out | 121,253 | $55Kbefore exit |
| GATEW Marblegate Acquisition -CW22 | *W EXP 08/31/202 | Add +135.5% | 1,146,325 | $43K |
| LANWF Lanvin Group Holdings Ltd.-27 | *W EXP 01/14/202 | Add +0.0% | 1,089,585 | $36K |
| BFLYW Butterfly Network Inc. -CW25 | *W EXP 02/12/202 | Reduce -7.4% | 1,375,143 | $32K |
| RSVRW Reservoir Media-CW26 | *W EXP 08/26/202 | Reduce -76.0% | 18,056 | $27K |
| BKSYW Blacksky Technology -CW24 | *W EXP 09/09/202 | Sold out | 282,195 | $21Kbefore exit |
| AIIOW NWTN Inc. -CW27 | *W EXP 11/11/202 | Sold out | 338,824 | $20Kbefore exit |
| OPFI.WS Oppfi Inc. -CW26 | *W EXP 07/20/202 | Sold out | 237,076 | $19Kbefore exit |
| MSSRF Metal SKY Star Acquisi-Right | RIGHT 12/31/2025 | Sold out | 186,486 | $16Kbefore exit |
| FOACW Finance of America Cos -CW26 | *W EXP 04/08/202 | Reduce -4.4% | 1,760,289 | $14K |
| MNTSW Momentus Inc.-CW26 | *W EXP 08/12/202 | Reduce -18.5% | 1,333,055 | $13K |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 | Sold out | 102,195 | $12Kbefore exit |
| MVSTW Microvast Hold Inc.-CW26 | *W EXP 07/23/202 | Reduce -67.9% | 554,624 | $12K |
| SESCW Ivanhoe Capital Class A -CW27 | *W EXP 12/10/202 | Sold out | 125,762 | $10Kbefore exit |
| HOVRW Pono Capital Three Inc.-A-28 | *W EXP 02/14/202 | Sold out | 199,144 | $10Kbefore exit |
| VWEWQ Vintage Wine Estates -CW27 | *W EXP 06/08/202 | Reduce -2.5% | 1,082,340 | $10K |
| CEROW Phoenix Biotech Acq -CW26 | *W EXP 02/13/202 | Sold out | 80,300 | $5Kbefore exit |
| TETWF Technology & Telecommuni -27 | *W EXP 04/15/202 | Reduce -29.6% | 127,407 | $4K |
| ASCWF A Spac II Acquisition -CW27 | *W EXP 10/15/202 | Reduce -20.0% | 199,504 | $3K |
| MSSWF Metal SKY Star Acq -CW27 | *W EXP 03/31/202 | Reduce -2.1% | 146,598 | $2K |
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 | 81 | $93.0M | FLEX, AKAM, TNL, CSTM, META |
| Q1 2026 | 100 | $99.5M | IWM, QQQ, CSTM, TNL, FLEX |
| Q4 2025 | 87 | $86.0M | CSTM, TNL, GXO, ATMU, FLEX |
| Q3 2025 | 67 | $79.8M | GXO, TNL, CSTM, ATMU, FLEX |
| Q2 2025 | 80 | $65.2M | GXO, FLEX, ALIT, TNL, CSTM |
| Q1 2025 | 64 | $53.7M | ALIT, GXO, ATMU, TNL, KBR |
| Q4 2024 | 55 | $69.4M | ALIT, DNB, GXO, FLEX, ATMU |
| Q3 2024 | 66 | $112.2M | ALIT, PRGO, TNL, CSTM, GXO |
| Q2 2024 | 74 | $125.2M | TNL, CSTM, PRGO, ALIT, FLEX |
| Q1 2024 | 59 | $118.8M | ALIT, CSTM, TNL, LUCK, FLEX |