Jefferies Financial Group Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), Jefferies Financial Group Inc. reported 1,187 stock positions worth $5.6 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 8.3% of the portfolio, followed by Apple (AAPL, 2.7%) and Invesco QQQ Trust Series 1 (QQQ, 2.6%). Compared with Q4 2024, it opened 415 new positions, sold out of 335, added to 325 and reduced 381. The biggest buy was a new position in Vici Properties (VICI) and the biggest sale Amazon.com (AMZN, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000096223
- Portfolio Value
- $5.6B (Q1 2025)
- SEC Filing
- 0001085146-25-002834 ↗ filed May 8, 2025
Holdings Value
Holdings 1,187 stocks · $5.6B
| SPY SS SPDR S&P 500 ETF Trust-US | 8.26% | 820,606 | $459.0M | Reduce -26.6% |
| AAPL Apple Inc. | 2.66% | 665,801 | $147.9M | Add +8.8% |
| QQQ Invesco QQQ Trust Series 1 | 2.59% | 307,193 | $144.0M | Add +22.5% |
| ARGX Argenx SE - ADR | 2.30% | 216,000 | $127.8M | Add +0.1% |
| IWM iShares Russell 2000 ETF | 2.03% | 565,455 | $112.8M | Reduce -71.6% |
| MA Mastercard Inc. Class A | 2.02% | 204,880 | $112.3M | Add +15.8% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 1.62% | 2,754,299 | $89.8M | New |
| META Meta Platforms Inc. Class A | 1.50% | 144,941 | $83.5M | Add +8705.6% |
| EQT Eqt Corp. | 1.42% | 1,474,490 | $78.8M | Add +11.4% |
| AR Antero Resources Corp. | 1.30% | 1,787,785 | $72.3M | Add +41.6% |
| HLMN Hillman Solutions Corp. | 1.29% | 8,156,774 | $71.7M | Reduce -4.1% |
| VOO Vanguard S&P 500 ETF | 1.18% | 127,671 | $65.6M | Add +0.7% |
| XBI SS SPDR S&P Biotech ETF | 1.16% | 795,010 | $64.5M | Add +30.2% |
| GOOGL Alphabet Inc. Class A | 1.10% | 396,382 | $61.3M | Reduce -80.1% |
| NDAQ Nasdaq Inc. | 1.08% | 788,249 | $59.8M | Add +2462.5% |
| CCC CCC Intelligent Solutions Ho | 1.03% | 6,318,379 | $57.1M | Add +27.6% |
| CRH CRH PLC | 1.01% | 640,090 | $56.3M | Add +948.0% |
| TIC Tic Solutions Inc. filed as ACUREN CORP | 1.00% | 5,000,000 | $55.6M | New |
| AON Aon PLC Class A | 0.97% | 135,419 | $54.0M | Add +2290.9% |
| GFF Griffon Corp. | 0.97% | 755,155 | $54.0M | New |
| GS Goldman Sachs Group Inc. | 0.92% | 93,507 | $51.1M | Add +6047.7% |
| TMUS T-Mobile US Inc. | 0.91% | 189,582 | $50.6M | Add +405.8% |
| NEE Nextera Energy Inc. | 0.90% | 706,830 | $50.1M | Add +377.4% |
| GOOG Alphabet Inc. Class C | 0.87% | 311,184 | $48.6M | Add +18.1% |
| WELL Welltower Inc. | 0.78% | 283,809 | $43.5M | Add +120.0% |
| AHCO Adapthealth Corp. | 0.77% | 3,938,386 | $42.7M | Add +294.1% |
| AMZN Amazon.com Inc. | 0.76% | 222,114 | $42.3M | Reduce -87.2% |
| RRC Range Resources Corp. | 0.70% | 968,759 | $38.7M | Add +21.9% |
| HD Home Depot Inc. | 0.69% | 105,320 | $38.6M | Add +44.3% |
| ABBV Abbvie Inc. | 0.68% | 179,628 | $37.6M | Add +212.9% |
| V Visa Inc. Class A | 0.64% | 101,975 | $35.7M | Reduce -55.9% |
| LIONS GATE ENTMNT CORP | 0.59% | 3,725,000 | $33.0M | Reduce -0.0% |
| ABT Abbott Laboratories | 0.58% | 243,548 | $32.3M | Add +22.0% |
| REG Regency Centers Corp. | 0.58% | 435,690 | $32.1M | New |
| PTGX Protagonist Therapeutics Inc. | 0.55% | 631,893 | $30.6M | Reduce -57.6% |
| AMGN Amgen Inc. | 0.54% | 96,060 | $29.9M | Reduce -30.6% |
| CXM Sprinklr Inc. Class A | 0.53% | 3,557,000 | $29.7M | Reduce -38.8% |
| GILD Gilead Sciences Inc. | 0.53% | 263,899 | $29.6M | Add +20.2% |
| GEL Genesis Energy L.P. | 0.53% | 1,861,276 | $29.2M | Add +19.9% |
| SO The Southern Co. | 0.52% | 313,195 | $28.8M | Add +2870.4% |
| WMB Williams Cos Inc. | 0.52% | 480,372 | $28.7M | Add +681.0% |
| SBRA Sabra Health Care REIT Inc. | 0.46% | 1,466,000 | $25.6M | Add +7196.8% |
| RSP Invesco S&P 500 Equal Weight | 0.46% | 147,758 | $25.6M | Reduce -7.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.45% | 70,661 | $24.9M | Add +13.2% |
| VCIT Vanguard Int-Term Corporate | 0.44% | 300,000 | $24.5M | New |
| GEV GE Vernova Inc. | 0.44% | 80,158 | $24.5M | Add +14.5% |
| FCX Freeport-McMoran Inc. | 0.39% | 576,656 | $21.8M | Add +2.2% |
| PRGS Progress Software Corp. | 0.38% | 407,084 | $21.0M | Reduce -39.9% |
| SYRE Spyre Therapeutics Inc. | 0.36% | 1,248,854 | $20.2M | Add +2.6% |
| HES Hess Corp. | 0.35% | 122,931 | $19.6M | Reduce -23.2% |
| CTRA Coterra Energy Inc. | 0.35% | 677,529 | $19.6M | Add +49.5% |
| ARM Arm Holdings PLC-ADR | 0.35% | 183,212 | $19.6M | New |
| A Agilent Technologies Inc. | 0.33% | 158,703 | $18.6M | Add +26.8% |
| SPHQ Invesco S&P 500 Quality ETF | 0.33% | 272,956 | $18.1M | Add +7.5% |
| PRMB Primo Brands Corp. | 0.32% | 500,000 | $17.7M | New |
| J Jacobs Solutions Inc. | 0.32% | 145,338 | $17.6M | New |
| IQV Iqvia Holdings Inc. | 0.31% | 97,858 | $17.3M | Add +93.9% |
| QUAL iShares MSCI USA Quality Fac | 0.31% | 100,503 | $17.2M | Reduce -0.0% |
| AZO AutoZone Inc. | 0.31% | 4,463 | $17.0M | Add +843.5% |
| DVN Devon Energy Corp. | 0.28% | 422,845 | $15.8M | Add +268.8% |
| CLH Clean Harbors Inc. | 0.28% | 80,000 | $15.8M | New |
| APGE Apogee Therapeutics Inc. | 0.28% | 421,796 | $15.8M | Reduce -52.5% |
| IMNM Immunome Inc. | 0.28% | 2,288,000 | $15.4M | Add +14.4% |
| AMP Ameriprise Financial Inc. | 0.27% | 30,526 | $14.8M | Add +5703.4% |
| PG The Procter & Gamble Co. | 0.27% | 86,533 | $14.7M | Add +78.6% |
| TGI Triumph Group Inc. | 0.26% | 570,475 | $14.5M | Reduce -76.6% |
| IVZ Invesco Ltd. | 0.26% | 951,449 | $14.4M | New |
| TXN Texas Instruments Inc. | 0.26% | 80,217 | $14.4M | Add +37.5% |
| MTD Mettler-Toledo International | 0.26% | 12,057 | $14.2M | Add +42.4% |
| ZS Zscaler Inc. | 0.25% | 70,233 | $13.9M | Reduce -79.4% |
| INDV Indivior Ltd. | 0.25% | 1,481,333 | $13.9M | Reduce -9.4% |
| MPC Marathon Petroleum Corp. | 0.25% | 94,578 | $13.8M | Reduce -25.1% |
| GEHC GE Healthcare Technology | 0.24% | 168,296 | $13.6M | Add +17.1% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.24% | 317,422 | $13.3M | Reduce -69.3% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.24% | 143,374 | $13.2M | Add +41.7% |
| APLS Apellis Pharmaceuticals Inc. | 0.24% | 599,255 | $13.1M | Add +75.5% |
| USB US Bancorp | 0.23% | 306,837 | $13.0M | Reduce -66.0% |
| TPL Texas Pacific Land Corp. | 0.22% | 9,416 | $12.5M | Add +1690.1% |
| XOM Exxon Mobil Corp. | 0.22% | 104,336 | $12.4M | Reduce -39.3% |
| DFS Discover Financial Services | 0.22% | 72,597 | $12.4M | New |
| LION Lionsgate Studios Corp. | 0.22% | 1,654,028 | $12.4M | Reduce -0.3% |
| MRK Merck & Co. Inc. | 0.22% | 134,919 | $12.1M | Reduce -56.1% |
| KDP Keurig Dr Pepper Inc. | 0.22% | 352,738 | $12.1M | Add +3654.9% |
| IMO Imperial Oil Ltd. | 0.22% | 166,583 | $12.0M | Reduce -16.7% |
| DUK Duke Energy Corp. | 0.21% | 96,646 | $11.8M | Add +3854.4% |
| YOU Clear Secure Inc. Class A | 0.21% | 450,297 | $11.7M | Add +2000.1% |
| GPOR Gulfport Energy Corp. | 0.21% | 63,029 | $11.6M | Add +370.5% |
| NVDA Nvidia Corp. | 0.21% | 105,989 | $11.5M | Reduce -89.3% |
| OVV Ovintiv Inc. | 0.20% | 262,391 | $11.2M | Add +100.9% |
| CVX Chevron Corp. | 0.20% | 66,372 | $11.1M | Reduce -36.3% |
| MCHP Microchip Technology Inc. | 0.20% | 228,469 | $11.1M | Add +358.9% |
| DEI Douglas Emmett Inc. | 0.20% | 682,841 | $10.9M | Add +4052.8% |
| RACE Ferrari NV | 0.20% | 25,618 | $10.9M | Add +287.3% |
| NWS News Corp. Class B | 0.20% | 356,975 | $10.8M | Add +60.2% |
| CME Cme Group Inc. | 0.19% | 40,586 | $10.8M | Add +1847.5% |
| WAT Waters Corp. | 0.19% | 28,092 | $10.4M | Add +14.8% |
| ETN Eaton Corp. PLC | 0.19% | 38,084 | $10.4M | Add +473.7% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.19% | 122,797 | $10.3M | Reduce -18.6% |
| HYGV NT HY Val-SCRD BD ETF | 0.18% | 253,944 | $10.3M | New |
| PENN Penn Entertainment Inc. | 0.18% | 628,301 | $10.2M | Add +23.5% |
Options reported separately and not counted above: GLD calls ($1.9B), SPY puts ($668.5M), GLD puts ($531.0M), AAPL puts ($190.1M), ZS puts ($174.1M), GOOG calls ($141.9M), ZS calls ($125.0M), WMT calls ($120.7M), QQQ puts ($89.5M), ARGX puts ($88.8M), GOOG puts ($64.7M), AAPL calls ($61.1M), and 242 more.
Other holdings (120): bonds, preferreds, convertibles and warrants · $238.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 20,075,399 | $22.5M | Add +37.2% |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 17,800,000 | $12.5M | Reduce -17.2% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 11,934,000 | $11.7M | Reduce -39.8% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 12,924,000 | $11.6M | Reduce -29.3% |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 12,772,000 | $11.2M | Add +163.2% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 9,516,000 | $8.4M | Reduce -29.2% |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 10,854,000 | $8.1M | Add +174.4% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 8,017,000 | $7.9M | Reduce -56.1% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 7,784,000 | $7.4M | Add +42.8% |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 8,110,000 | $7.2M | Add +145.2% |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 6,707,000 | $6.5M | Add +658.7% |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 7,473,000 | $6.5M | New |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 3,911,000 | $5.4M | Reduce -48.5% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 4,795,000 | $5.1M | Add +1482.5% |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 5,214,000 | $4.9M | Reduce -71.4% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 4,564,000 | $4.8M | Add +2407.7% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 5,023,000 | $4.7M | Add +1090.3% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 2,819,000 | $3.6M | Reduce -12.3% |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 3,607,000 | $3.5M | Add +162.7% |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 3,839,000 | $3.5M | Add +37.8% |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 14,108,000 | $3.3M | Add +1394.5% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 3,362,000 | $3.2M | Add +15.9% |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 3,409,000 | $3.1M | Reduce -31.8% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 2,593,000 | $2.7M | Reduce -61.0% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 2,252 | $2.7M | Reduce -55.7% |
| ESPERION THERAPEUTICS (ESPR 4 11/15/25) | NOTE 4.000%11/1 · principal | 2,695,000 | $2.7M | No change |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 2,098,000 | $2.6M | Add +729.3% |
| ENVISTA HOLDINGS CORP (NVST 2.375 06/01/25) | NOTE 2.375% 6/0 · principal | 2,433,000 | $2.4M | Add +7.1% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 2,090,000 | $2.4M | Add +26.1% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 2,000,000 | $2.4M | Reduce -24.7% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 2,376,000 | $2.4M | New |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 1,800,000 | $2.3M | Add +184.4% |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 2,111,000 | $2.3M | New |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 2,593,000 | $2.2M | New |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 2,665,000 | $2.2M | Add +239.5% |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 2,111,000 | $2.2M | Add +22.0% |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | 1,948,000 | $2.1M | Add +85.9% |
| SNAP INC (SNAP 0.25 05/01/25) | NOTE 0.250% 5/0 · principal | 2,000,000 | $2.0M | New |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 1,995,000 | $2.0M | New |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 1,710,000 | $1.9M | Add +13.8% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 1,725,000 | $1.8M | Add +46.2% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 1,800,000 | $1.8M | New |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 1,312,000 | $1.5M | No change |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 1,500,000 | $1.5M | New |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | 1,500,000 | $1.4M | New |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 1,290,000 | $1.3M | Add +9823.1% |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 1,493,000 | $1.3M | Add +335.3% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 879,000 | $1.2M | Add +56.4% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 1,310,000 | $1.2M | Reduce -80.0% |
| LIVEPERSON INC (LPSN 0 12/15/26) | NOTE 12/1 · principal | 3,318,000 | $1.2M | Reduce -16.6% |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 1,230,000 | $1.1M | New |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 1,031,000 | $1.1M | New |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 771,000 | $920K | New |
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | 832,000 | $834K | New |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | 849,000 | $824K | Reduce -71.7% |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 636,000 | $808K | Reduce -83.1% |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 811,000 | $764K | New |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 700,000 | $688K | Reduce -30.0% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 578,000 | $599K | Reduce -95.0% |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 592,000 | $592K | New |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 500,000 | $542K | New |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 470,000 | $538K | New |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 500,000 | $463K | New |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 447,000 | $462K | New |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 500,000 | $421K | Reduce -28.6% |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 284,000 | $419K | New |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 547,000 | $375K | Reduce -15.5% |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 365,000 | $358K | Reduce -91.2% |
| REDFIN CORP (RDFN 0 10/15/25) | NOTE 10/1 · principal | 330,000 | $319K | No change |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 283,000 | $307K | New |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 284,000 | $304K | New |
| OMNICELL INC (OMCL 0.25 09/15/25) | NOTE 0.250% 9/1 · principal | 300,000 | $291K | Reduce -35.5% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 248,000 | $275K | New |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 304,000 | $253K | New |
| IMAX CORP (IMAX 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | 213,000 | $236K | Reduce -78.0% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 3,950 | $232K | New |
| BURLINGTON STORES INC (BURL 2.25 04/15/25) | NOTE 2.250% 4/1 · principal | 200,000 | $216K | New |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | 200,000 | $192K | No change |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 200,000 | $192K | New |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 200,000 | $188K | New |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | 172,000 | $179K | Reduce -89.5% |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 200,000 | $178K | Add +400.0% |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 237,000 | $175K | New |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 176,000 | $171K | Add +375.7% |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 159,000 | $170K | New |
| PCTTW Purecycle Techno-CW26 | *W EXP 03/17/202 | 100,000 | $155K | No change |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 110,000 | $140K | Reduce -63.1% |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 112,000 | $121K | Add +154.6% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 125,000 | $120K | New |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 136,000 | $115K | New |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 90,000 | $106K | New |
| LIVANOVA PLC (LIVN 2.5 03/15/29) | NOTE 2.500% 3/1 · principal | 106,000 | $101K | New |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 100,000 | $99K | New |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | 100,000 | $98K | New |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 84,000 | $92K | New |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 90,000 | $84K | Add +143.2% |
| SABRE GLBL INC (SABHLD 4 04/15/25) | NOTE 4.000% 4/1 · principal | 83,000 | $82K | New |
| RAPID7 INC (RPD 2.25 05/01/25) | NOTE 2.250% 5/0 · principal | 81,000 | $80K | No change |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 86,000 | $77K | New |
| PAR TECHNOLOGY CORP (PAR 2.875 04/15/26) | NOTE 2.875% 4/1 · principal | 50,000 | $74K | No change |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 76,000 | $73K | New |
| IRONWOOD PHARMACEUTICALS (IRWD 1.5 06/15/26) | NOTE 1.500% 6/1 · principal | 79,000 | $70K | No change |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | 78,000 | $69K | No change |
| Q2 HOLDINGS INC (QTWO 0.125 11/15/25) | NOTE 0.125%11/1 · principal | 71,000 | $69K | New |
| IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | 81,000 | $68K | New |
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | 53,000 | $56K | No change |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 54,000 | $51K | Add +100.0% |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 44,000 | $44K | New |
| VARONIS SYSTEM INC (VRNS 1.25 08/15/25) | NOTE 1.250% 8/1 · principal | 29,000 | $39K | No change |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | 31,000 | $38K | Reduce -44.6% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 39,667 | $37K | New |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 41,000 | $32K | New |
| TRAVERE THERAPEUTICS INC (TVTX 2.5 09/15/25) | NOTE 2.500% 9/1 · principal | 30,000 | $30K | No change |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | 114,000 | $25K | Reduce -93.3% |
| SABRE GLBL INC (SABHLD 7.32 08/01/26) | NOTE 7.320% 8/0 · principal | 19,000 | $20K | New |
| AIIOW NWTN Inc. -CW27 | *W EXP 11/11/202 | 570,719 | $14K | No change |
| PAGERDUTY INC. (PD 1.25 07/01/25) | NOTE 1.250% 7/0 · principal | 14,000 | $14K | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 10,000 | $11K | New |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 11,000 | $11K | New |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | 15,000 | $3K | Reduce -71.7% |
Total filed on the 13F, all lines: $5.8B.
Portfolio Sells Q4 2024 → Q1 2025
| AMZN Amazon.com Inc. | Reduce -87.2% | 0.76% | −3.62 |
| GOOGL Alphabet Inc. Class A | Reduce -80.1% | 1.10% | −3.26 |
| IWM iShares Russell 2000 ETF | Reduce -71.6% | 2.03% | −3.05 |
| MSFT Microsoft Corp. | Reduce -96.3% | 0.16% | −2.92 |
| SPIB SS SPDR P Int C Corp. ETF | Sold out | 0.00% | −1.94 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -99.6% | 0.01% | −1.81 |
| WYNN WYNN Resorts Ltd. | Reduce -100.0% | 0.00% | −1.68 |
| NVDA Nvidia Corp. | Reduce -89.3% | 0.21% | −1.33 |
| EWT iShares MSCI Taiwan ETF | Sold out | 0.00% | −1.03 |
| IBIT iShares Bitcoin Trust ETF | Reduce -99.0% | 0.01% | −0.98 |
| JNJ Johnson & Johnson | Reduce -93.2% | 0.13% | −0.92 |
| MCD McDonald's Corp. | Reduce -97.0% | 0.04% | −0.73 |
| CLDX Celldex Therapeutics Inc. | Reduce -97.7% | 0.02% | −0.68 |
| UNH Unitedhealth Group Inc. | Reduce -89.0% | 0.14% | −0.66 |
| JPM JPMorgan Chase & Co. | Reduce -88.2% | 0.15% | −0.64 |
| AMD Advanced Micro Devices | Reduce -91.5% | 0.08% | −0.63 |
| AGIO Agios Pharmaceuticals Inc. | Sold out | 0.00% | −0.57 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -96.3% | 0.04% | −0.54 |
| CZR Caesars Entertainment Inc. | Reduce -96.6% | 0.02% | −0.52 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.50 |
| DYN Dyne Therapeutics Inc. | Sold out | 0.00% | −0.49 |
| ZS Zscaler Inc. | Reduce -79.4% | 0.25% | −0.46 |
| CSCO Cisco Systems Inc. | Reduce -93.6% | 0.05% | −0.42 |
| LUV Southwest Airlines Co. | Sold out | 0.00% | −0.39 |
| EMB iShares JP Morgan Usd Emergi | Reduce -84.3% | 0.12% | −0.37 |
| TSLA Tesla Inc. | Reduce -89.6% | 0.04% | −0.35 |
| CRDO Credo Technology Group Holdi | Sold out | 0.00% | −0.35 |
| AVGO Broadcom Inc. | Reduce -88.7% | 0.05% | −0.31 |
| DVA Davita Inc. | Reduce -97.4% | 0.01% | −0.29 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.28 |
| GLNG Golar LNG Ltd. | Reduce -98.0% | 0.01% | −0.27 |
| AAOI Applied Optoelectronics Inc. | Sold out | 0.00% | −0.27 |
| NKE Nike Inc. Class B | Reduce -96.2% | 0.01% | −0.27 |
| USB US Bancorp | Reduce -66.0% | 0.23% | −0.27 |
| TGI Triumph Group Inc. | Reduce -76.6% | 0.26% | −0.27 |
| PSX Phillips 66 | Reduce -96.2% | 0.02% | −0.25 |
| MET Metlife Inc. | Reduce -90.2% | 0.04% | −0.25 |
| BA The Boeing Co. | Sold out | 0.00% | −0.24 |
| PFE Pfizer Inc. | Reduce -71.2% | 0.17% | −0.23 |
| CAR Avis Budget Group Inc. | Reduce -98.0% | 0.01% | −0.23 |
| REGN Regeneron Pharmaceuticals | Reduce -81.5% | 0.08% | −0.22 |
| SLB SLB Ltd. | Reduce -69.3% | 0.24% | −0.22 |
| GLD SPDR Gold Shares | Reduce -95.6% | 0.02% | −0.21 |
| ANET Arista Networks Inc. | Reduce -79.0% | 0.06% | −0.21 |
| FTAI Ftai Aviation Ltd. | Sold out | 0.00% | −0.21 |
| V Visa Inc. Class A | Reduce -55.9% | 0.64% | −0.20 |
| WMT Walmart Inc. | Reduce -81.2% | 0.08% | −0.20 |
| KO The Coca-Cola Co. | Reduce -90.4% | 0.04% | −0.20 |
| LIN Linde PLC | Reduce -92.0% | 0.03% | −0.20 |
| TARS Tarsus Pharmaceuticals Inc. | Reduce -81.3% | 0.07% | −0.20 |
Portfolio Buys Q4 2024 → Q1 2025
| VICI Vici Properties Inc. | New | 1.62% | +1.62 |
| META Meta Platforms Inc. Class A | Add +8705.6% | 1.50% | +1.49 |
| QQQ Invesco QQQ Trust Series 1 | Add +22.5% | 2.59% | +1.11 |
| NDAQ Nasdaq Inc. | Add +2462.5% | 1.08% | +1.05 |
| TIC Tic Solutions Inc. | New | 1.00% | +1.00 |
| GFF Griffon Corp. | New | 0.97% | +0.97 |
| AON Aon PLC Class A | Add +2290.9% | 0.97% | +0.95 |
| CRH CRH PLC | Add +948.0% | 1.01% | +0.95 |
| MA Mastercard Inc. Class A | Add +15.8% | 2.02% | +0.94 |
| GS Goldman Sachs Group Inc. | Add +6047.7% | 0.92% | +0.91 |
| AAPL Apple Inc. | Add +8.8% | 2.66% | +0.89 |
| TMUS T-Mobile US Inc. | Add +405.8% | 0.91% | +0.81 |
| AR Antero Resources Corp. | Add +41.6% | 1.30% | +0.79 |
| NEE Nextera Energy Inc. | Add +377.4% | 0.90% | +0.78 |
| ARGX Argenx SE - ADR | Add +0.1% | 2.30% | +0.77 |
| EQT Eqt Corp. | Add +11.4% | 1.42% | +0.71 |
| AHCO Adapthealth Corp. | Add +294.1% | 0.77% | +0.66 |
| WELL Welltower Inc. | Add +120.0% | 0.78% | +0.59 |
| REG Regency Centers Corp. | New | 0.58% | +0.58 |
| ABBV Abbvie Inc. | Add +212.9% | 0.68% | +0.56 |
| XBI SS SPDR S&P Biotech ETF | Add +30.2% | 1.16% | +0.52 |
| SO The Southern Co. | Add +2870.4% | 0.52% | +0.51 |
| WMB Williams Cos Inc. | Add +681.0% | 0.52% | +0.48 |
| SBRA Sabra Health Care REIT Inc. | Add +7196.8% | 0.46% | +0.46 |
| VCIT Vanguard Int-Term Corporate | New | 0.44% | +0.44 |
| VOO Vanguard S&P 500 ETF | Add +0.7% | 1.18% | +0.39 |
| HD Home Depot Inc. | Add +44.3% | 0.69% | +0.37 |
| RRC Range Resources Corp. | Add +21.9% | 0.70% | +0.37 |
| CCC CCC Intelligent Solutions Ho | Add +27.6% | 1.03% | +0.35 |
| ARM Arm Holdings PLC-ADR | New | 0.35% | +0.35 |
| GEL Genesis Energy L.P. | Add +19.9% | 0.53% | +0.34 |
| ABT Abbott Laboratories | Add +22.0% | 0.58% | +0.32 |
| PRMB Primo Brands Corp. | New | 0.32% | +0.32 |
| J Jacobs Solutions Inc. | New | 0.32% | +0.32 |
| GILD Gilead Sciences Inc. | Add +20.2% | 0.53% | +0.30 |
| GOOG Alphabet Inc. Class C | Add +18.1% | 0.87% | +0.29 |
| AZO AutoZone Inc. | Add +843.5% | 0.31% | +0.29 |
| CLH Clean Harbors Inc. | New | 0.28% | +0.28 |
| AMP Ameriprise Financial Inc. | Add +5703.4% | 0.27% | +0.26 |
| IVZ Invesco Ltd. | New | 0.26% | +0.26 |
| DVN Devon Energy Corp. | Add +268.8% | 0.28% | +0.24 |
| DFS Discover Financial Services | New | 0.22% | +0.22 |
| CTRA Coterra Energy Inc. | Add +49.5% | 0.35% | +0.22 |
| TPL Texas Pacific Land Corp. | Add +1690.1% | 0.22% | +0.22 |
| KDP Keurig Dr Pepper Inc. | Add +3654.9% | 0.22% | +0.21 |
| DUK Duke Energy Corp. | Add +3854.4% | 0.21% | +0.21 |
| YOU Clear Secure Inc. Class A | Add +2000.1% | 0.21% | +0.20 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +13.2% | 0.45% | +0.20 |
| IQV Iqvia Holdings Inc. | Add +93.9% | 0.31% | +0.20 |
| DEI Douglas Emmett Inc. | Add +4052.8% | 0.20% | +0.19 |
Options Activity Q4 2024 → Q1 2025
| GLD SPDR Gold Shares | call | Add +39.0% | 6,679,400 | $1.9B |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -23.3% | 1,195,000 | $668.5M |
| GLD SPDR Gold Shares | put | Reduce -52.0% | 1,842,700 | $531.0M |
| AMZN Amazon.com Inc. | put | Sold out | 1,911,300 | $419.3Mbefore exit |
| GOOGL Alphabet Inc. Class A | put | Sold out | 1,705,000 | $322.8Mbefore exit |
| MSFT Microsoft Corp. | put | Sold out | 470,000 | $198.1Mbefore exit |
| AAPL Apple Inc. | put | Add +24.8% | 855,600 | $190.1M |
| ZS Zscaler Inc. | put | Add +74.6% | 877,500 | $174.1M |
| GOOG Alphabet Inc. Class C | call | Add +668.6% | 908,500 | $141.9M |
| ZS Zscaler Inc. | call | New | 630,000 | $125.0M |
| WMT Walmart Inc. | call | Reduce -28.2% | 1,375,100 | $120.7M |
| IBIT iShares Bitcoin Trust ETF | put | Sold out | 1,935,600 | $102.7Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | Add +481.7% | 190,800 | $89.5M |
| NVDA Nvidia Corp. | call | Sold out | 610,700 | $82.0Mbefore exit |
| SHEL Shell PLC-ADR | call | Sold out | 1,210,200 | $75.8Mbefore exit |
| ORCL Oracle Corp. | put | Sold out | 447,300 | $74.5Mbefore exit |
| UNH Unitedhealth Group Inc. | put | Sold out | 134,900 | $68.2Mbefore exit |
| GOOG Alphabet Inc. Class C | put | Add +3630.6% | 414,100 | $64.7M |
| AAPL Apple Inc. | call | Reduce -60.2% | 275,100 | $61.1M |
| PRGS Progress Software Corp. | put | Add +31.5% | 1,183,600 | $61.0M |
| TLT iShares 20+ Year Treasury BD | call | Reduce -34.0% | 645,000 | $58.7M |
| IREN Iren Ltd. | put | Add +4737.0% | 9,166,100 | $55.8M |
| AHCO Adapthealth Corp. | put | Add +40.6% | 5,035,500 | $54.6M |
| BRK.B Berkshire Hathaway Inc. Class B | put | Sold out | 110,000 | $49.9Mbefore exit |
| BIDU Baidu Inc. - Spon ADR | call | Sold out | 563,400 | $47.5Mbefore exit |
| AMZN Amazon.com Inc. | call | Reduce -81.5% | 235,900 | $44.9M |
| MSTR Strategy Inc. | put | Sold out | 150,000 | $43.4Mbefore exit |
| BABA Alibaba Group Holding-SP ADR | call | New | 294,300 | $38.9M |
| CRWD CrowdStrike Holdings Inc. Class A | call | Reduce -41.3% | 109,100 | $38.5M |
| SHEL Shell PLC-ADR | put | Sold out | 604,500 | $37.9Mbefore exit |
| ABBV Abbvie Inc. | call | Sold out | 166,700 | $29.6Mbefore exit |
| WMT Walmart Inc. | put | Sold out | 315,000 | $28.5Mbefore exit |
| FCX Freeport-McMoran Inc. | call | Reduce -3.5% | 714,500 | $27.1M |
| SLB SLB Ltd. | call | New | 590,000 | $24.7M |
| XRT SS SPDR S&P Retail ETF | put | New | 355,100 | $24.5M |
| UBER Uber Technologies Inc. | put | Add +0.2% | 321,100 | $23.4M |
| TXN Texas Instruments Inc. | call | New | 123,300 | $22.2M |
| PENN Penn Entertainment Inc. | put | Sold out | 1,115,200 | $22.1Mbefore exit |
| UBER Uber Technologies Inc. | call | Add +19.9% | 300,800 | $21.9M |
| HCA HCA Healthcare Inc. | call | Reduce -15.6% | 61,800 | $21.4M |
| GDX Vaneck Gold Miners ETF | call | Add +1.9% | 450,400 | $20.7M |
| PENN Penn Entertainment Inc. | call | Add +43.0% | 1,245,500 | $20.3M |
| XBI SS SPDR S&P Biotech ETF | put | Sold out | 215,100 | $19.4Mbefore exit |
| JPM JPMorgan Chase & Co. | put | Reduce -57.2% | 75,900 | $18.6M |
| TLT iShares 20+ Year Treasury BD | put | New | 200,000 | $18.2M |
| AKAM Akamai Technologies Inc. | put | Sold out | 182,700 | $17.5Mbefore exit |
| TSLA Tesla Inc. | put | Sold out | 43,200 | $17.4Mbefore exit |
| ZIM Zim Integrated Shipping Serv | put | Reduce -40.3% | 1,183,300 | $17.3M |
| WSC Willscot Holdings Corp. | call | Reduce -4.9% | 587,300 | $16.3M |
| SYF Synchrony Financial | call | Sold out | 250,000 | $16.3Mbefore exit |
Showing the first 50 of 425.
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
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Add +37.2% | 20,075,399 | $22.5M |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | Sold out | 16,689,000 | $14.9Mbefore exit |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | Reduce -17.2% | 17,800,000 | $12.5M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Reduce -39.8% | 11,934,000 | $11.7M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Reduce -29.3% | 12,924,000 | $11.6M |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | Add +163.2% | 12,772,000 | $11.2M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | Sold out | 8,236,000 | $8.8Mbefore exit |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Reduce -29.2% | 9,516,000 | $8.4M |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | Add +174.4% | 10,854,000 | $8.1M |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Reduce -56.1% | 8,017,000 | $7.9M |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | Add +42.8% | 7,784,000 | $7.4M |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | Add +145.2% | 8,110,000 | $7.2M |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | Add +658.7% | 6,707,000 | $6.5M |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | New | 7,473,000 | $6.5M |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Sold out | 5,939,000 | $6.4Mbefore exit |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Sold out | 4,451,000 | $5.9Mbefore exit |
| TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) | NOTE 12/1 · principal | Sold out | 5,568,000 | $5.6Mbefore exit |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | Reduce -48.5% | 3,911,000 | $5.4M |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | Sold out | 3,275,000 | $5.3Mbefore exit |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | Add +1482.5% | 4,795,000 | $5.1M |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | Sold out | 4,708,000 | $5.0Mbefore exit |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | Sold out | 5,300,000 | $4.9Mbefore exit |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | Reduce -71.4% | 5,214,000 | $4.9M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Add +2407.7% | 4,564,000 | $4.8M |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Add +1090.3% | 5,023,000 | $4.7M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Reduce -12.3% | 2,819,000 | $3.6M |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Add +162.7% | 3,607,000 | $3.5M |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | Add +37.8% | 3,839,000 | $3.5M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Sold out | 3,705,000 | $3.3Mbefore exit |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | Add +1394.5% | 14,108,000 | $3.3M |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | Add +15.9% | 3,362,000 | $3.2M |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | Reduce -31.8% | 3,409,000 | $3.1M |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | Reduce -61.0% | 2,593,000 | $2.7M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -55.7% | 2,252 | $2.7M |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Add +729.3% | 2,098,000 | $2.6M |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Sold out | 2,227,000 | $2.4Mbefore exit |
| ENVISTA HOLDINGS CORP (NVST 2.375 06/01/25) | NOTE 2.375% 6/0 · principal | Add +7.1% | 2,433,000 | $2.4M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Add +26.1% | 2,090,000 | $2.4M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Reduce -24.7% | 2,000,000 | $2.4M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | New | 2,376,000 | $2.4M |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | Sold out | 2,150,000 | $2.4Mbefore exit |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Add +184.4% | 1,800,000 | $2.3M |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | New | 2,111,000 | $2.3M |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | New | 2,593,000 | $2.2M |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | Add +239.5% | 2,665,000 | $2.2M |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | Add +22.0% | 2,111,000 | $2.2M |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | Sold out | 2,213,000 | $2.1Mbefore exit |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | Add +85.9% | 1,948,000 | $2.1M |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Sold out | 2,088,000 | $2.0Mbefore exit |
| SNAP INC (SNAP 0.25 05/01/25) | NOTE 0.250% 5/0 · principal | New | 2,000,000 | $2.0M |
Showing the first 50 of 150.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,217 | $10.6B | SPY, IWM, XBI, QQQ, AAPL |
| Q1 2026 | 1,250 | $7.9B | SPY, XBI, QQQ, IWM, NVDA |
| Q4 2025 | 1,289 | $11.9B | SPY, IWM, NVDA, QQQ, GOOG |
| Q3 2025 | 955 | $10.6B | VGT, SPY, WRB, IWM, QQQ |
| Q2 2025 | 842 | $5.8B | SPY, IWM, QQQ, XBI, MA |
| Q1 2025 | 1,187 | $5.6B | SPY, AAPL, QQQ, ARGX, IWM |
| Q4 2024Amended | 1,107 | $8.7B | SPY, IWM, AMZN, GOOGL, MSFT |
| Q3 2024 | 963 | $5.7B | SPY, AAPL, NVDA, QQQ, IWM |
| Q2 2024 | 925 | $4.7B | SPY, GLNG, IWM, QQQ, V |
| Q1 2024 | 1,069 | $4.6B | SPY, QQQ, V, IWM, HLMN |