Jane Street Group, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 19, 2025), Jane Street Group, LLC reported 5,302 stock positions worth $55.1 billion. Its top holding was Nvidia (NVDA) at 3.0% of the portfolio, followed by Broadcom (AVGO, 2.2%) and SS SPDR S&P 500 ETF Trust-US (SPY, 1.8%). Compared with Q4 2024, it opened 1,130 new positions, sold out of 1,484, added to 2,375 and reduced 1,795. The biggest buy was Broadcom (AVGO, shares +238%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −67%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001595888
- Portfolio Value
- $55.1B (Q1 2025)
- SEC Filing
- 0001595888-25-000100 ↗ filed May 19, 2025
Holdings Value
Holdings 5,302 stocks · $55.1B
| NVDA Nvidia Corp. | 2.96% | 15,069,581 | $1.6B | Add +62.9% |
| AVGO Broadcom Inc. | 2.24% | 7,376,144 | $1.2B | Add +237.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.78% | 1,749,867 | $978.9M | Reduce -66.5% |
| TSLA Tesla Inc. | 1.58% | 3,355,843 | $869.7M | Add +8.8% |
| SLV iShares Silver Trust | 1.51% | 26,841,453 | $831.8M | Add +18.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.50% | 1,764,681 | $827.5M | Add +1.7% |
| TSM Taiwan Semiconductor-SP ADR | 1.46% | 4,862,521 | $807.2M | Reduce -9.5% |
| AMD Advanced Micro Devices | 1.44% | 7,720,565 | $793.2M | Add +197.5% |
| INTC Intel Corp. | 1.37% | 33,165,329 | $753.2M | Reduce -0.7% |
| IXUS iShares Core Intl Stock ETF | 1.20% | 9,475,829 | $661.5M | Add +11225.5% |
| MSFT Microsoft Corp. | 1.00% | 1,462,221 | $548.9M | Add +77.3% |
| BKNG Booking Holdings Inc. | 0.98% | 117,480 | $541.2M | Add +230.3% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.92% | 6,414,209 | $506.0M | Add +53.1% |
| FBTC Fidelity Wise Origin Bitcoin | 0.88% | 6,761,463 | $486.6M | Add +102.4% |
| TLT iShares 20+ Year Treasury BD | 0.85% | 5,163,537 | $470.0M | Reduce -28.6% |
| WFC Wells Fargo & Co. | 0.82% | 6,328,715 | $454.3M | Add +132.7% |
| MRVL Marvell Technology Inc. | 0.78% | 7,024,998 | $432.5M | Add +274.5% |
| ARKB ARK 21SHARES Bitcoin ETF | 0.75% | 5,008,009 | $411.7M | Add +51.8% |
| GLD SPDR Gold Shares | 0.74% | 1,412,603 | $407.0M | Reduce -43.8% |
| LVS Las Vegas Sands Corp. | 0.68% | 9,743,098 | $376.4M | Add +60.6% |
| AAPL Apple Inc. | 0.64% | 1,600,377 | $355.5M | Add +42.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.64% | 4,660,469 | $352.6M | Add +1.3% |
| CRWV Coreweave Inc. Class A | 0.63% | 9,401,943 | $348.6M | New |
| VEA Vanguard Ftse Developed ETF | 0.62% | 6,673,773 | $339.2M | Add +18179.3% |
| EMB iShares JP Morgan Usd Emergi | 0.60% | 3,651,901 | $330.8M | Add +148.9% |
| IBIT iShares Bitcoin Trust ETF | 0.55% | 6,518,434 | $305.1M | Reduce -59.5% |
| EEM iShares MSCI Emerging Market | 0.54% | 6,863,959 | $300.0M | Reduce -63.4% |
| DELL Dell Technologies -C | 0.52% | 3,151,317 | $287.2M | Add +133.7% |
| XLK SS Technology Select Sector | 0.49% | 1,313,211 | $271.2M | Add +27.9% |
| MU Micron Technology Inc. | 0.49% | 3,088,723 | $268.4M | Add +91.6% |
| COIN Coinbase Global Inc. Class A | 0.48% | 1,525,703 | $262.8M | Reduce -76.8% |
| VT Vanguard Tot World STK ETF | 0.47% | 2,254,688 | $261.4M | Add +764.0% |
| CRH CRH PLC | 0.44% | 2,768,638 | $243.6M | Add +84.3% |
| SMH Vaneck Semiconductor ETF | 0.44% | 1,147,817 | $242.7M | Reduce -20.5% |
| SHOP Shopify Inc. Class A | 0.43% | 2,508,807 | $239.5M | Add +476.5% |
| BBAG JPMorgan Betabuilders US Agg | 0.43% | 5,105,063 | $235.4M | Add +2374.7% |
| GLDM SPDR Gold Minishares Trust | 0.42% | 3,739,583 | $231.4M | New |
| ADBE Adobe Inc. | 0.42% | 601,487 | $230.7M | Add +59.2% |
| QCOM Qualcomm Inc. | 0.42% | 1,496,028 | $229.8M | Add +38.7% |
| EFG iShares MSCI Eafe Growth ETF | 0.41% | 2,276,882 | $227.7M | Add +2387.5% |
| RSP Invesco S&P 500 Equal Weight | 0.39% | 1,253,012 | $217.1M | Add +151.0% |
| SQQQ Proshares TR | 0.38% | 5,451,997 | $209.0M | Add +2160.3% |
| LNG Cheniere Energy Inc. | 0.37% | 890,390 | $206.0M | Add +64.0% |
| GOOG Alphabet Inc. Class C | 0.37% | 1,316,104 | $205.6M | Reduce -67.0% |
| VST Vistra Corp. | 0.37% | 1,733,563 | $203.6M | Add +22.3% |
| GOOGL Alphabet Inc. Class A | 0.36% | 1,281,275 | $198.1M | Add +12222.3% |
| ETN Eaton Corp. PLC | 0.33% | 668,287 | $181.7M | Add +85.3% |
| AGG iShares Core U.S. Aggregate | 0.33% | 1,831,840 | $181.2M | New |
| COST Costco Wholesale Corp. | 0.32% | 185,214 | $175.2M | Add +306.3% |
| BLK BlackRock Inc. | 0.32% | 184,007 | $174.2M | Add +301.1% |
| GEV GE Vernova Inc. | 0.31% | 557,628 | $170.2M | Add +59.9% |
| WSM Williams-Sonoma Inc. | 0.30% | 1,045,257 | $165.3M | Add +120.0% |
| AMAT Applied Materials Inc. | 0.29% | 1,118,669 | $162.3M | Add +518.5% |
| KWEB Kranesh Csi China Internet | 0.29% | 4,617,995 | $161.2M | New |
| VXUS Vanguard Total Intl Stock | 0.29% | 2,584,658 | $160.5M | Add +58843.2% |
| IWM iShares Russell 2000 ETF | 0.29% | 803,526 | $160.3M | Reduce -46.7% |
| CEG Constellation Energy | 0.28% | 779,237 | $157.1M | Add +37.5% |
| CAT Caterpillar Inc. | 0.28% | 476,066 | $157.0M | Add +594.1% |
| USB US Bancorp | 0.28% | 3,613,908 | $152.6M | Add +2808.3% |
| XOM Exxon Mobil Corp. | 0.27% | 1,257,354 | $149.5M | Reduce -22.8% |
| CHTR Charter Communications Inc. Class A | 0.27% | 403,075 | $148.5M | Add +1156.5% |
| FLUT Flutter Entertainment PLC-Di | 0.27% | 674,077 | $147.6M | Add +501.8% |
| FCX Freeport-McMoran Inc. | 0.27% | 3,886,568 | $147.1M | Add +183.6% |
| CRM Salesforce Inc. | 0.26% | 527,321 | $141.5M | Reduce -47.6% |
| FEZ State Street SPDR Euro Stoxx | 0.25% | 2,567,425 | $139.7M | Add +81.6% |
| JPM JPMorgan Chase & Co. | 0.25% | 569,295 | $139.6M | Reduce -28.8% |
| PYPL PayPal Holdings Inc. | 0.25% | 2,139,935 | $139.6M | Add +2.7% |
| ORCL Oracle Corp. | 0.24% | 955,713 | $133.6M | Add +15442.6% |
| STLA Stellantis NV | 0.24% | 11,671,374 | $130.8M | Add +3.0% |
| OIH Vaneck Oil Services ETF | 0.24% | 494,736 | $129.7M | Add +1358.0% |
| EWG iShares MSCI Germany ETF | 0.23% | 3,428,329 | $127.1M | Add +1522.8% |
| CCEP Coca-Cola Europacific Partne | 0.23% | 1,455,018 | $126.6M | Add +103.5% |
| PM Philip Morris International | 0.23% | 794,364 | $126.1M | Add +949.1% |
| LRCX Lam Research Corp. | 0.23% | 1,708,461 | $124.2M | Add +38.4% |
| ASML ASML Holding NV-NY Reg SHS | 0.22% | 187,039 | $123.9M | Add +105.9% |
| CVX Chevron Corp. | 0.22% | 729,876 | $122.1M | Reduce -27.3% |
| SNOW Snowflake Inc. | 0.22% | 834,792 | $122.0M | Reduce -52.5% |
| XLF SS Financial Select Sector | 0.22% | 2,435,846 | $121.3M | Add +17.7% |
| XBI SS SPDR S&P Biotech ETF | 0.22% | 1,469,669 | $119.2M | Add +11.7% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.21% | 2,114,590 | $115.7M | Add +17.9% |
| EMR Emerson Electric Co. | 0.21% | 1,042,654 | $114.3M | Add +1897.1% |
| TPR Tapestry Inc. | 0.21% | 1,621,129 | $114.1M | Add +178.5% |
| EFA iShares MSCI Eafe ETF | 0.20% | 1,374,628 | $112.3M | Reduce -46.1% |
| T AT&T Inc. | 0.19% | 3,748,202 | $106.0M | Reduce -20.5% |
| NVT Nvent Electric PLC | 0.19% | 1,953,210 | $102.4M | Add +625.7% |
| MRNA Moderna Inc. | 0.18% | 3,588,037 | $101.7M | Reduce -0.8% |
| GE General Electric filed as GE AEROSPACE | 0.18% | 504,652 | $101.0M | Reduce -27.9% |
| BBEU JPMorgan Betabuilders Europe | 0.18% | 1,624,978 | $100.5M | Add +375.6% |
| HON Honeywell International Inc. | 0.18% | 466,800 | $98.8M | Add +201.7% |
| GILD Gilead Sciences Inc. | 0.18% | 870,599 | $97.6M | Add +49.0% |
| YINN Direxion DLY Ftse CH BL3X-Ui | 0.18% | 2,341,464 | $97.1M | Add +1540.7% |
| NFLX Netflix Inc. | 0.18% | 103,664 | $96.7M | Reduce -69.1% |
| BABA Alibaba Group Holding-SP ADR | 0.18% | 730,325 | $96.6M | Reduce -69.3% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.17% | 877,800 | $95.4M | Reduce -76.1% |
| C Citigroup Inc. | 0.17% | 1,338,794 | $95.0M | Reduce -9.8% |
| AIG American International Group | 0.17% | 1,049,838 | $91.3M | Add +34.6% |
| BA The Boeing Co. | 0.16% | 529,130 | $90.2M | Reduce -74.3% |
| ANET Arista Networks Inc. | 0.16% | 1,161,293 | $90.0M | Add +25620.8% |
| MBB iShares MBS ETF | 0.16% | 949,675 | $89.1M | Add +2142.6% |
| PFE Pfizer Inc. | 0.15% | 3,278,821 | $83.1M | Reduce -48.0% |
Options reported separately and not counted above: SPY puts ($35.6B), SPY calls ($31.3B), NVDA puts ($15.0B), QQQ puts ($13.0B), IWM puts ($12.1B), TSLA puts ($10.7B), QQQ calls ($10.0B), NVDA calls ($8.5B), IWM calls ($8.2B), META calls ($7.5B), TSLA calls ($7.1B), AAPL calls ($5.4B), and 3769 more.
Other holdings (199): bonds, preferreds, convertibles and warrants · $498.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 2,590,000 | $127.9M | New |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 21,633,000 | $24.9M | New |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 16,708,000 | $20.2M | New |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 396,960 | $20.0M | New |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 387,014 | $15.7M | Reduce -18.4% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 13,543,000 | $15.2M | New |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 13,025,000 | $13.7M | New |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 10,763,000 | $13.1M | New |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 13,000,000 | $12.1M | New |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 10,544,000 | $10.6M | New |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 12,150,000 | $10.6M | New |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 215,244 | $10.4M | Reduce -81.2% |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | 17,750,000 | $10.1M | New |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 8,381,000 | $9.8M | New |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 9,700,000 | $9.3M | New |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 6,052,000 | $8.9M | New |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 7,540,000 | $8.2M | New |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 7,225,000 | $7.7M | New |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 5,460,000 | $7.6M | New |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | 12,600,000 | $7.2M | New |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 6,500,000 | $6.3M | New |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 5,450,000 | $5.9M | New |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 5,294,000 | $5.6M | New |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 5,000,000 | $5.1M | New |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 5,557,000 | $5.0M | New |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 5,100,000 | $5.0M | New |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 4,650,000 | $4.9M | New |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 6,000,000 | $4.2M | New |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 4,343,000 | $3.7M | New |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 3,800,000 | $3.6M | New |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 70,274 | $3.2M | Reduce -92.6% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 66,940 | $3.2M | Reduce -26.6% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 2,675,000 | $3.1M | New |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 2,297,000 | $3.0M | New |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 2,857,000 | $2.9M | New |
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | 2,600,000 | $2.6M | New |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 2,500,000 | $2.5M | New |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 2,000,000 | $2.2M | New |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 651,000 | $2.2M | New |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 2,310,000 | $2.2M | New |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 2,083,000 | $2.1M | New |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | 2,000,000 | $2.1M | New |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 1,850,000 | $1.9M | New |
| BOX INC (BOX 0 01/15/26) | NOTE 1/1 · principal | 1,491,000 | $1.9M | New |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 1,729,000 | $1.8M | New |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,486 | $1.8M | New |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 1,164,000 | $1.6M | New |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | 20,200,000 | $1.6M | New |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 1,038,000 | $1.5M | New |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 1,504,000 | $1.5M | New |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 1,196,000 | $1.4M | New |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 1,015,000 | $1.3M | New |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 1,174,000 | $1.2M | New |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 1,115,000 | $1.1M | New |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 1,000,000 | $1.0M | New |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 1,000,000 | $1.0M | New |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 997,000 | $1.0M | New |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 1,000,000 | $1.0M | New |
| SEMTECH CORP (SMTC 4 11/01/28) | NOTE 4.000%11/0 · principal | 550,000 | $996K | New |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 1,000,000 | $973K | New |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 1,000,000 | $972K | New |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 394,000 | $962K | New |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 1,007,000 | $947K | New |
| BLACKBERRY LTD (BBCN 3 02/15/29) | NOTE 3.000% 2/1 · principal | 750,000 | $945K | New |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 1,050,000 | $890K | New |
| SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) | NOTE 0.250%12/0 · principal | 9,725,000 | $887K | New |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 722,000 | $867K | New |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 17,428 | $832K | Reduce -97.5% |
| IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | 971,000 | $814K | New |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 182,000 | $750K | New |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 13,493 | $739K | Reduce -76.1% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 19,437 | $693K | Reduce -84.4% |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 700,000 | $687K | New |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | 295,000 | $686K | New |
| HUBSPOT INC (HUBS 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 337,000 | $683K | New |
| ENVISTA HOLDINGS CORP (NVST 2.375 06/01/25) | NOTE 2.375% 6/0 · principal | 669,000 | $667K | New |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 632,000 | $663K | New |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 500,000 | $662K | New |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | 669,000 | $656K | New |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 500,000 | $632K | New |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 554,000 | $588K | New |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 480,000 | $581K | New |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 390,000 | $514K | New |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 446,000 | $511K | New |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 500,000 | $506K | New |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 440,000 | $472K | New |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | 350,000 | $429K | New |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 1,750,000 | $400K | New |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 193,000 | $396K | New |
| MAGNITE INC (MGNI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 400,000 | $381K | New |
| QBTS.WS D-Wave Quantum Inc. -27 | *W EXP 08/05/202 | 100,016 | $368K | Reduce -55.9% |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 400,000 | $362K | New |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 4,832 | $353K | Reduce -98.8% |
| OCSAW Oculis Holding AG -30 | *W EXP 03/06/202 | 45,701 | $345K | No change |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 245,000 | $344K | New |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 196,000 | $335K | New |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 205,000 | $302K | New |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 300,000 | $300K | New |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 300,000 | $299K | New |
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | 275,000 | $273K | New |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 225,000 | $267K | New |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 250,000 | $251K | New |
| LIBERTY INTERACTIVE LLC (LINTA 3.75 02/15/30) | DEB 3.750% 2/1 · principal | 1,000,000 | $250K | New |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 221,583 | $248K | Reduce -0.0% |
| SOUNW Soundhound AI Inc. | *W EXP 04/26/202 | 69,981 | $245K | Reduce -11.6% |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 185,000 | $236K | New |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 250,000 | $234K | New |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 225,000 | $233K | New |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | 250,000 | $232K | New |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 2,285 | $230K | New |
| LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) | NOTE 1.750% 1/1 · principal | 275,000 | $227K | New |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 9,130 | $223K | Reduce -61.7% |
| LIVANOVA PLC (LIVN 2.5 03/15/29) | NOTE 2.500% 3/1 · principal | 225,000 | $215K | New |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 2,393 | $201K | New |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 225,000 | $198K | New |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 200,000 | $184K | New |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 167,000 | $180K | New |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 174,000 | $166K | New |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 175,000 | $162K | New |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 63,000 | $155K | New |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 200,000 | $149K | New |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 152,000 | $146K | New |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 150,000 | $141K | New |
| RGTIW Rigetti Computing -CW27 | *W EXP 03/02/202 | 51,070 | $140K | Reduce -23.7% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 150,000 | $140K | New |
| MITEK SYSTEMS INC (MITK 0.75 02/01/26) | NOTE 0.750% 2/0 · principal | 118,000 | $112K | New |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 100,000 | $99K | New |
| ARQQW Arqit Quantum Inc. -CW26 | *W EXP 09/03/202 | 44,358 | $90K | Reduce -42.7% |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 32,000 | $86K | New |
| ALVOW Alvotech SA -27 | *W EXP 99/99/999 | 56,261 | $85K | Reduce -0.0% |
| PDYNW Sarcos Technology -CW27 | *W EXP 09/24/202 | 197,345 | $55K | Reduce -3.9% |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 52,000 | $48K | New |
| SATLW Satellogic Inc.-A -23 | *W EXP 01/25/202 | 104,397 | $47K | No change |
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | 262,159 | $45K | Reduce -5.8% |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 17,750 | $40K | Reduce -41.3% |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | 100,651 | $37K | Reduce -0.5% |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | 201,049 | $32K | No change |
| CNCKW Coincheck Group NV | *W EXP 12/11/202 | 44,938 | $25K | Add +0.0% |
| DRTSW Alpha Tau Medical Ltd. -27 | *W EXP 99/99/999 | 105,884 | $25K | Reduce -0.7% |
| EVGO INC | *W EXP 07/01/202 | 100,426 | $24K | Add +0.4% |
| AFRIW Forafric Global PLC -CW27 | *W EXP 06/09/202 | 33,790 | $24K | Reduce -6.6% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 25,000 | $23K | New |
| PL.WS Planet Labs PBC -CW26 | *W EXP 12/06/202 | 33,856 | $22K | No change |
| LAKESHORE BIOPHARMA CO LTD | *W EXP 03/15/202 | 498,301 | $21K | No change |
| HUMAW Humacyte Inc.-CW27 | *W EXP 08/27/202 | 50,000 | $19K | No change |
| CDROW Codere Online Luxembou -CW | *W EXP 11/23/202 | 25,102 | $17K | No change |
| CLSKW Cleanspark Inc.-29 | *W EXP 12/29/202 | 68,160 | $12K | No change |
| NOTEW Fiscalnote Holdings Inc.-CW25 | *W EXP 07/29/202 | 62,500 | $11K | No change |
| DAVEW Dave Inc. -CW27 | *W EXP 01/05/202 | 55,605 | $10K | No change |
| MLKWF Waldencast Acq Class A -CW27 | *W EXP 07/27/202 | 71,066 | $9K | No change |
| RNWWW Renew Energy Global -CW26 | *W EXP 08/21/202 | 75,288 | $9K | Reduce -9.2% |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 158,252 | $8K | No change |
| SPWRW Sunpower Inc.-CW27 | *W EXP 07/31/202 | 41,180 | $8K | No change |
| PGYWW Pagaya Technologies Ltd. -27 | *W EXP 99/99/999 | 58,870 | $8K | Reduce -5.0% |
| COCHW Envoy Medical Inc.-CW27 | *W EXP 09/29/202 | 208,166 | $7K | No change |
| QSIAW Quantum-Si Inc. -CW27 | *W EXP 06/10/202 | 16,666 | $7K | Reduce -21.1% |
| PSEWF Paysafe Ltd. -CW26 | *W EXP 03/30/202 | 400,020 | $6K | Reduce -0.1% |
| BARK.WS Original Bark Co./the -CW25 | *W EXP 05/01/202 | 83,333 | $6K | No change |
| SLXNW Biomotion Sciences-CW29 | *W EXP 08/15/202 | 75,302 | $6K | Reduce -0.6% |
| ECXWW Ecarx Holdings Inc. Class A-27 | *W EXP 99/99/999 | 94,326 | $6K | No change |
| LVWR.WS Livewire Group Inc.-27 | *W EXP 09/26/202 | 263,351 | $6K | Reduce -15.7% |
| BETRW Better Home & Finance-CW26 | *W EXP 08/22/202 | 59,016 | $5K | No change |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | 66,411 | $5K | No change |
| GWHWW Ess Tech Inc. -CW27 | *W EXP 10/08/202 | 58,688 | $5K | Add +0.4% |
| FFAIW Faraday Future -CW27 | *W EXP 07/21/202 | 87,015 | $4K | No change |
| GDEV INC | *W EXP 99/99/999 | 125,015 | $4K | Reduce -0.0% |
| HOLOW Golden Path Acq -CW28 | *W EXP 01/31/202 | 22,141 | $3K | No change |
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | 25,000 | $3K | No change |
| HOLLEY INC | *W EXP 11/30/202 | 66,000 | $3K | Reduce -0.8% |
| CCGWW Cheche Group Inc. - 28 | *W EXP 10/01/203 | 100,000 | $3K | No change |
| MSPRZ MSP Recovery -CW26 | *W EXP 05/23/202 | 90,000 | $3K | No change |
| CGBWF Crown LNG Holdings Ltd.-28 | *W EXP 07/09/202 | 71,330 | $2K | No change |
| MNYWW Moneyhero Ltd.-28 | *W EXP 09/13/202 | 62,501 | $2K | Reduce -2.1% |
| SESCW Ivanhoe Capital Class A -CW27 | *W EXP 12/10/202 | 50,000 | $2K | No change |
| ABVWF Above Food Ingredients- 29 | *W EXP 06/28/202 | 96,965 | $2K | No change |
| CRPWF Carbon Revolution PLC | *W EXP 99/99/999 | 54,223 | $2K | No change |
| LDTDF Prospector Leddartech Alm-28 | *W EXP 12/21/202 | 34,166 | $2K | No change |
| LMND.WS Lemonade Inc.-28 | *W EXP 02/09/202 | 33,333 | $2K | No change |
| SDSTW Global Partner Acq A -CW27 | *W EXP 06/21/202 | 26,531 | $2K | Reduce -0.0% |
| XBPEW CF Acquisition Viii A -CW27 | *W EXP 11/30/202 | 50,976 | $2K | No change |
| ALURW Allurion Technologies-28 | *W EXP 08/01/203 | 57,708 | $2K | No change |
| LANWF Lanvin Group Holdings Ltd.-27 | *W EXP 01/14/202 | 83,455 | $2K | No change |
| FASWF Stonebridge Acquisition-CW23 | *W EXP 04/02/202 | 50,000 | $2K | No change |
| AMPWF Ardagh Metal Packaging -CW26 | *W EXP 08/04/202 | 80,000 | $1K | No change |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 | 68,951 | $1K | No change |
| JQCNR Nuveen Credit Strategies-RTS | RIGHT 04/29/2025 | 40,155 | $1K | New |
| WBXWF Wallbox BV Class A -CW26 | *W EXP 10/01/202 | 54,479 | $1K | Reduce -1.4% |
| ORGNW Origin Materials -CW26 | *W EXP 06/25/202 | 21,502 | $1K | Add +6.4% |
| GGROW Gogoro Inc. -CW27 | *W EXP 04/04/202 | 43,326 | $1K | Reduce -8.3% |
| XOSWW Xos Inc. -CW26 | *W EXP 08/20/202 | 116,000 | $1K | No change |
| LIDRW Aeye Inc. -CW27 | *W EXP 09/30/202 | 16,000 | $952 | No change |
| PRENW Prenetics Global Ltd. -CW26 | *W EXP 05/18/202 | 82,647 | $876 | No change |
| SWVLW Pivotal Holdings Corp. -CW27 | *W EXP 99/99/999 | 44,825 | $690 | No change |
| PARAW 7GC & Co. Holdings Class A -CW26 | *W EXP 12/14/202 | 25,000 | $588 | No change |
| OUSTW Ouster Inc.-28 | *W EXP 09/29/202 | 19,494 | $571 | No change |
| REVBW Revelation Biosc -CW27 | *W EXP 01/10/202 | 50,000 | $540 | No change |
| MLECW Moolec Science SA | *W EXP 12/30/202 | 38,374 | $326 | No change |
| SONWQ Gores Metropoulos II -CW28 | *W EXP 01/18/202 | 21,593 | $149 | No change |
| MSPRW MSP Recovery Inc. -27 | *W EXP 05/20/202 | 11,800 | $37 | No change |
Total filed on the 13F, all lines: $55.6B.
Portfolio Sells Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -66.5% | 1.78% | −3.16 |
| COIN Coinbase Global Inc. Class A | Reduce -76.8% | 0.48% | −2.15 |
| META Meta Platforms Inc. Class A | Reduce -94.0% | 0.14% | −1.95 |
| GOOG Alphabet Inc. Class C | Reduce -67.0% | 0.37% | −0.85 |
| IBIT iShares Bitcoin Trust ETF | Reduce -59.5% | 0.55% | −0.82 |
| AJG Arthur J Gallagher & Co. | Reduce -96.9% | 0.04% | −0.81 |
| EEM iShares MSCI Emerging Market | Reduce -63.4% | 0.54% | −0.72 |
| MSTR Strategy Inc. | Reduce -98.4% | 0.01% | −0.71 |
| NVDL Granitesh 2X LNG Nvda ETF | Reduce -99.0% | 0.00% | −0.67 |
| LLY Eli Lilly & Co. | Reduce -98.5% | 0.01% | −0.66 |
| UNH Unitedhealth Group Inc. | Reduce -93.8% | 0.05% | −0.60 |
| FETH Fidelity Ethereum Fund | Reduce -87.5% | 0.05% | −0.55 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -76.1% | 0.17% | −0.46 |
| BA The Boeing Co. | Reduce -74.3% | 0.16% | −0.43 |
| AMZN Amazon.com Inc. | Reduce -97.6% | 0.01% | −0.39 |
| HOOD Robinhood Markets Inc. Class A | Reduce -82.5% | 0.11% | −0.39 |
| COP Conocophillips | Reduce -99.4% | 0.00% | −0.36 |
| IBB iShares Biotechnology ETF | Reduce -86.9% | 0.06% | −0.36 |
| DASH DoorDash Inc. Class A | Reduce -87.5% | 0.06% | −0.35 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.33 |
| IEF iShares 7-10 Year Treasury B | Reduce -83.3% | 0.08% | −0.32 |
| MUB iShares National Muni Bond E | Reduce -84.5% | 0.07% | −0.32 |
| SMCI Super Micro Computer Inc. | Reduce -94.8% | 0.02% | −0.32 |
| APTV Aptiv PLC | Reduce -98.6% | 0.00% | −0.31 |
| UBER Uber Technologies Inc. | Reduce -97.4% | 0.01% | −0.31 |
| NFLX Netflix Inc. | Reduce -69.1% | 0.18% | −0.31 |
| TMO Thermo Fisher Scientific Inc. | Reduce -85.7% | 0.06% | −0.30 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.29 |
| CRM Salesforce Inc. | Reduce -47.6% | 0.26% | −0.29 |
| CNC Centene Corp. | Reduce -74.9% | 0.10% | −0.26 |
| JNJ Johnson & Johnson | Reduce -92.3% | 0.03% | −0.25 |
| INDA iShares MSCI India ETF | Reduce -85.9% | 0.05% | −0.25 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -9.5% | 1.46% | −0.25 |
| IWM iShares Russell 2000 ETF | Reduce -46.7% | 0.29% | −0.25 |
| GLD SPDR Gold Shares | Reduce -43.8% | 0.74% | −0.24 |
| NKE Nike Inc. Class B | Reduce -81.6% | 0.05% | −0.23 |
| TSLL Dirx DLY Tsla Bul 2X ETF-Aui | Reduce -42.1% | 0.06% | −0.22 |
| SBUX Starbucks Corp. | Reduce -84.7% | 0.05% | −0.22 |
| SNOW Snowflake Inc. | Reduce -52.5% | 0.22% | −0.22 |
| EPI Wisdomtree India Earnings | Reduce -99.2% | 0.00% | −0.21 |
| CMG Chipotle Mexican Grill Inc. | Reduce -90.9% | 0.02% | −0.21 |
| XLE SS Energy Select Sector | Reduce -79.0% | 0.07% | −0.21 |
| TGT Target Corp. | Reduce -96.3% | 0.01% | −0.20 |
| DIS The Walt Disney Co. | Reduce -57.1% | 0.15% | −0.20 |
| BMY Bristol-Myers Squibb Co. | Reduce -83.3% | 0.05% | −0.20 |
| NOW ServiceNow Inc. | Reduce -80.1% | 0.04% | −0.19 |
| CONL Granitesh 2X LNG Coin ETF-US | Reduce -89.7% | 0.01% | −0.18 |
| BTC Grayscale Bitcoin Mini ETF | Reduce -91.4% | 0.02% | −0.18 |
| CVS CVS Health Corp. | Reduce -80.3% | 0.09% | −0.18 |
| FLEX Flex Ltd. | Reduce -97.5% | 0.00% | −0.18 |
Portfolio Buys Q4 2024 → Q1 2025
| AVGO Broadcom Inc. | Add +237.7% | 2.24% | +1.42 |
| IXUS iShares Core Intl Stock ETF | Add +11225.5% | 1.20% | +1.19 |
| NVDA Nvidia Corp. | Add +62.9% | 2.96% | +0.96 |
| AMD Advanced Micro Devices | Add +197.5% | 1.44% | +0.93 |
| BKNG Booking Holdings Inc. | Add +230.3% | 0.98% | +0.70 |
| CRWV Coreweave Inc. Class A | New | 0.63% | +0.63 |
| VEA Vanguard Ftse Developed ETF | Add +18179.3% | 0.62% | +0.61 |
| SLV iShares Silver Trust | Add +18.0% | 1.51% | +0.54 |
| WFC Wells Fargo & Co. | Add +132.7% | 0.82% | +0.52 |
| MRVL Marvell Technology Inc. | Add +274.5% | 0.78% | +0.45 |
| FBTC Fidelity Wise Origin Bitcoin | Add +102.4% | 0.88% | +0.44 |
| MSFT Microsoft Corp. | Add +77.3% | 1.00% | +0.43 |
| VT Vanguard Tot World STK ETF | Add +764.0% | 0.47% | +0.42 |
| GLDM SPDR Gold Minishares Trust | New | 0.42% | +0.42 |
| BBAG JPMorgan Betabuilders US Agg | Add +2374.7% | 0.43% | +0.41 |
| EFG iShares MSCI Eafe Growth ETF | Add +2387.5% | 0.41% | +0.40 |
| EMB iShares JP Morgan Usd Emergi | Add +148.9% | 0.60% | +0.39 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +53.1% | 0.92% | +0.39 |
| SQQQ Proshares TR | Add +2160.3% | 0.38% | +0.37 |
| SHOP Shopify Inc. Class A | Add +476.5% | 0.43% | +0.36 |
| GOOGL Alphabet Inc. Class A | Add +12222.3% | 0.36% | +0.36 |
| AGG iShares Core U.S. Aggregate | New | 0.33% | +0.33 |
| KWEB Kranesh Csi China Internet | New | 0.29% | +0.29 |
| VXUS Vanguard Total Intl Stock | Add +58843.2% | 0.29% | +0.29 |
| DELL Dell Technologies -C | Add +133.7% | 0.52% | +0.27 |
| MU Micron Technology Inc. | Add +91.6% | 0.49% | +0.27 |
| USB US Bancorp | Add +2808.3% | 0.28% | +0.27 |
| RSP Invesco S&P 500 Equal Weight | Add +151.0% | 0.39% | +0.25 |
| CHTR Charter Communications Inc. Class A | Add +1156.5% | 0.27% | +0.25 |
| COST Costco Wholesale Corp. | Add +306.3% | 0.32% | +0.25 |
| ARKB ARK 21SHARES Bitcoin ETF | Add +51.8% | 0.75% | +0.25 |
| AMAT Applied Materials Inc. | Add +518.5% | 0.29% | +0.25 |
| CAT Caterpillar Inc. | Add +594.1% | 0.28% | +0.24 |
| ORCL Oracle Corp. | Add +15442.6% | 0.24% | +0.24 |
| BLK BlackRock Inc. | Add +301.1% | 0.32% | +0.24 |
| FLUT Flutter Entertainment PLC-Di | Add +501.8% | 0.27% | +0.22 |
| OIH Vaneck Oil Services ETF | Add +1358.0% | 0.24% | +0.22 |
| EWG iShares MSCI Germany ETF | Add +1522.8% | 0.23% | +0.22 |
| CRH CRH PLC | Add +84.3% | 0.44% | +0.22 |
| PM Philip Morris International | Add +949.1% | 0.23% | +0.21 |
| EMR Emerson Electric Co. | Add +1897.1% | 0.21% | +0.20 |
| AAPL Apple Inc. | Add +42.4% | 0.64% | +0.19 |
| LNG Cheniere Energy Inc. | Add +64.0% | 0.37% | +0.19 |
| FCX Freeport-McMoran Inc. | Add +183.6% | 0.27% | +0.18 |
| LVS Las Vegas Sands Corp. | Add +60.6% | 0.68% | +0.18 |
| YINN Direxion DLY Ftse CH BL3X-Ui | Add +1540.7% | 0.18% | +0.17 |
| ANET Arista Networks Inc. | Add +25620.8% | 0.16% | +0.16 |
| WSM Williams-Sonoma Inc. | Add +120.0% | 0.30% | +0.16 |
| NVT Nvent Electric PLC | Add +625.7% | 0.19% | +0.16 |
| MBB iShares MBS ETF | Add +2142.6% | 0.16% | +0.16 |
Options Activity Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -4.2% | 63,650,400 | $35.6B |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -7.9% | 56,007,800 | $31.3B |
| NVDA Nvidia Corp. | put | Reduce -19.1% | 138,215,800 | $15.0B |
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -30.7% | 27,745,800 | $13.0B |
| IWM iShares Russell 2000 ETF | put | Reduce -2.3% | 60,602,000 | $12.1B |
| TSLA Tesla Inc. | put | Reduce -2.0% | 41,361,200 | $10.7B |
| QQQ Invesco QQQ Trust Series 1 | call | Add +8.6% | 21,362,000 | $10.0B |
| NVDA Nvidia Corp. | call | Reduce -25.1% | 78,251,700 | $8.5B |
| IWM iShares Russell 2000 ETF | call | Add +28.7% | 41,033,200 | $8.2B |
| META Meta Platforms Inc. Class A | call | Add +66.7% | 13,074,000 | $7.5B |
| TSLA Tesla Inc. | call | Reduce -27.4% | 27,315,300 | $7.1B |
| AAPL Apple Inc. | call | Add +12.4% | 24,533,500 | $5.4B |
| GLD SPDR Gold Shares | call | Add +14.7% | 18,614,700 | $5.4B |
| META Meta Platforms Inc. Class A | put | Add +16.1% | 9,024,000 | $5.2B |
| GLD SPDR Gold Shares | put | Add +52.0% | 15,977,900 | $4.6B |
| AMZN Amazon.com Inc. | put | Reduce -20.5% | 21,641,500 | $4.1B |
| AAPL Apple Inc. | put | Reduce -32.5% | 16,325,000 | $3.6B |
| MSTR Strategy Inc. | call | Reduce -13.5% | 11,033,100 | $3.2B |
| BABA Alibaba Group Holding-SP ADR | call | Add +43.7% | 22,202,564 | $2.9B |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Add +308.5% | 33,883,700 | $2.7B |
| TLT iShares 20+ Year Treasury BD | call | Reduce -40.9% | 27,762,000 | $2.5B |
| MSFT Microsoft Corp. | put | Reduce -41.6% | 6,564,000 | $2.5B |
| AMZN Amazon.com Inc. | call | Reduce -12.2% | 12,518,800 | $2.4B |
| GOOGL Alphabet Inc. Class A | put | Add +6.4% | 13,990,700 | $2.2B |
| MSFT Microsoft Corp. | call | Reduce -34.2% | 5,506,200 | $2.1B |
| TSM Taiwan Semiconductor-SP ADR | put | Add +0.5% | 12,230,600 | $2.0B |
| AVGO Broadcom Inc. | put | Reduce -11.0% | 11,836,700 | $2.0B |
| AMD Advanced Micro Devices | put | Reduce -30.8% | 16,862,100 | $1.7B |
| KR Kroger Co. | call | Add +36.1% | 24,831,200 | $1.7B |
| TLT iShares 20+ Year Treasury BD | put | Reduce -21.3% | 18,392,200 | $1.7B |
| SLV iShares Silver Trust | call | Add +24.2% | 52,820,200 | $1.6B |
| PANW Palo Alto Networks Inc. | put | Reduce -16.6% | 8,747,500 | $1.5B |
| MSTR Strategy Inc. | put | Reduce -41.6% | 5,000,600 | $1.4B |
| PDD PDD Holdings Inc. | call | Reduce -15.7% | 12,167,600 | $1.4B |
| AVGO Broadcom Inc. | call | Add +3.3% | 8,593,100 | $1.4B |
| PLTR Palantir Technologies Inc. Class A | put | Add +40.3% | 15,474,500 | $1.3B |
| NFLX Netflix Inc. | put | Reduce -16.9% | 1,345,600 | $1.3B |
| NFLX Netflix Inc. | call | Add +2.8% | 1,334,600 | $1.2B |
| BABA Alibaba Group Holding-SP ADR | put | Reduce -4.6% | 9,165,100 | $1.2B |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | call | Add +142.9% | 14,830,400 | $1.2B |
| PLTR Palantir Technologies Inc. Class A | call | Add +26.5% | 12,296,400 | $1.0B |
| XLF SS Financial Select Sector | put | Add +63.6% | 20,455,200 | $1.0B |
| SMH Vaneck Semiconductor ETF | put | Add +79.1% | 4,809,800 | $1.0B |
| MU Micron Technology Inc. | put | Add +26.3% | 11,428,400 | $993.0M |
| GOOGL Alphabet Inc. Class A | call | Reduce -30.6% | 6,300,800 | $974.4M |
| LLY Eli Lilly & Co. | call | Reduce -34.4% | 1,127,200 | $931.0M |
| XLE SS Energy Select Sector | put | Add +16.9% | 9,877,900 | $923.1M |
| SPOT Spotify Technology SA | call | Reduce -32.8% | 1,553,500 | $854.5M |
| GOOG Alphabet Inc. Class C | put | Add +44.9% | 5,187,700 | $810.5M |
| TSM Taiwan Semiconductor-SP ADR | call | Reduce -27.6% | 4,781,300 | $793.7M |
Showing the first 50 of 4,192.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Sold out | 3,617,574 | $220.3Mbefore exit |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | New | 2,590,000 | $127.9M |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | Sold out | 1,902,400 | $94.7Mbefore exit |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | New | 21,633,000 | $24.9M |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | New | 16,708,000 | $20.2M |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | New | 396,960 | $20.0M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Reduce -18.4% | 387,014 | $15.7M |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | New | 13,543,000 | $15.2M |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | New | 13,025,000 | $13.7M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | New | 10,763,000 | $13.1M |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | New | 13,000,000 | $12.1M |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | New | 10,544,000 | $10.6M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | New | 12,150,000 | $10.6M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Reduce -81.2% | 215,244 | $10.4M |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | New | 17,750,000 | $10.1M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | New | 8,381,000 | $9.8M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | New | 9,700,000 | $9.3M |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | New | 6,052,000 | $8.9M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | New | 7,540,000 | $8.2M |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | New | 7,225,000 | $7.7M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | New | 5,460,000 | $7.6M |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | New | 12,600,000 | $7.2M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | New | 6,500,000 | $6.3M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | New | 5,450,000 | $5.9M |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | New | 5,294,000 | $5.6M |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | New | 5,000,000 | $5.1M |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | New | 5,557,000 | $5.0M |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | New | 5,100,000 | $5.0M |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | New | 4,650,000 | $4.9M |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | New | 6,000,000 | $4.2M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | New | 4,343,000 | $3.7M |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | New | 3,800,000 | $3.6M |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | Reduce -92.6% | 70,274 | $3.2M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Reduce -26.6% | 66,940 | $3.2M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | New | 2,675,000 | $3.1M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | New | 2,297,000 | $3.0M |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | New | 2,857,000 | $2.9M |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | Sold out | 41,220 | $2.6Mbefore exit |
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | New | 2,600,000 | $2.6M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | New | 2,500,000 | $2.5M |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | New | 2,000,000 | $2.2M |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | New | 651,000 | $2.2M |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | New | 2,310,000 | $2.2M |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | New | 2,083,000 | $2.1M |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | New | 2,000,000 | $2.1M |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | New | 1,850,000 | $1.9M |
| BOX INC (BOX 0 01/15/26) | NOTE 1/1 · principal | New | 1,491,000 | $1.9M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | New | 1,729,000 | $1.8M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | New | 1,486 | $1.8M |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | New | 1,164,000 | $1.6M |
Showing the first 50 of 167.
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 | 5,403 | $155.4B | SPY, AMZN, SNDK, NVDA, QQQ |
| Q1 2026 | 5,781 | $92.1B | SPY, AVGO, PLTR, SNDK, QQQ |
| Q4 2025 | 5,901 | $83.5B | SPY, META, NVDA, AVGO, SLV |
| Q3 2025 | 5,701 | $84.6B | NVDA, TSLA, CRWV, GOOGL, TSM |
| Q2 2025 | 5,125 | $61.0B | IBIT, TSLA, TSM, NVDA, TMUS |
| Q1 2025Amended | 5,302 | $55.1B | NVDA, AVGO, SPY, TSLA, SLV |
| Q4 2024 | 5,654 | $62.0B | SPY, COIN, META, TSLA, NVDA |
| Q3 2024 | 5,787 | $61.9B | NVDA, SPY, TSLA, EFA, TLT |
| Q2 2024 | 5,922 | $92.0B | AAPL, NVDA, AMZN, VWO, TSLA |
| Q1 2024 | 5,584 | $77.2B | QQQ, SPY, IEMG, TLT, SMH |