Jefferies Financial Group Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 8, 2026), Jefferies Financial Group Inc. reported 1,250 stock positions worth $7.9 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 5.2% of the portfolio, followed by SS SPDR S&P Biotech ETF (XBI, 3.7%) and Invesco QQQ Trust Series 1 (QQQ, 3.2%). Compared with Q4 2025, it opened 364 new positions, sold out of 403, added to 375 and reduced 465. The biggest buy was SS SPDR S&P Biotech ETF (XBI, shares +35%) and the biggest sale Alphabet Class C (GOOG, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000096223
- Portfolio Value
- $7.9B (Q1 2026)
- SEC Filing
- 0000096223-26-000018 ↗ filed May 8, 2026
Holdings Value
Holdings 1,250 stocks · $7.9B
| SPY SS SPDR S&P 500 ETF Trust-US | 5.19% | 631,073 | $410.4M | Reduce -46.0% |
| XBI SS SPDR S&P Biotech ETF | 3.74% | 2,314,720 | $295.7M | Add +35.0% |
| QQQ Invesco QQQ Trust Series 1 | 3.17% | 433,345 | $250.1M | Reduce -31.0% |
| IWM iShares Russell 2000 ETF | 2.78% | 884,238 | $219.3M | Reduce -48.8% |
| NVDA Nvidia Corp. | 1.64% | 742,295 | $129.5M | Reduce -64.2% |
| AMZN Amazon.com Inc. | 1.46% | 553,735 | $115.3M | Reduce -40.7% |
| MA Mastercard Inc. Class A | 1.44% | 227,064 | $113.5M | Add +116.4% |
| ASH Ashland Inc. | 1.34% | 1,908,142 | $106.1M | Add +0.4% |
| AVGO Broadcom Inc. | 1.34% | 342,431 | $106.0M | Add +1012.5% |
| META Meta Platforms Inc. Class A | 1.30% | 180,070 | $103.0M | Add +355.9% |
| XRT SS SPDR S&P Retail ETF | 1.25% | 1,230,000 | $99.0M | New |
| PTCT PTC Therapeutics Inc. | 1.17% | 1,354,459 | $92.3M | Reduce -18.3% |
| ACHC Acadia Healthcare Co. Inc. | 1.07% | 3,611,883 | $84.5M | Add +6.9% |
| ADP Automatic Data Processing | 1.01% | 392,507 | $79.7M | Add +664.5% |
| WMT Walmart Inc. | 0.99% | 631,267 | $78.5M | Add +25.2% |
| VNQ Vanguard Real Estate ETF | 0.90% | 802,137 | $71.1M | Add +123.0% |
| JCI Johnson Controls Internation | 0.87% | 524,615 | $68.7M | Add +21942.7% |
| ADI Analog Devices Inc. | 0.86% | 214,282 | $68.2M | Add +5263.8% |
| APH Amphenol Corp. Class A | 0.85% | 531,298 | $67.1M | Add +126.4% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.84% | 836,081 | $66.5M | Add +15699.0% |
| HLMN Hillman Solutions Corp. | 0.84% | 7,988,203 | $66.5M | Reduce -0.1% |
| CAT Caterpillar Inc. | 0.75% | 83,728 | $59.3M | Add +695.6% |
| COR Cencora Inc. | 0.72% | 181,340 | $57.0M | Add +51.5% |
| PPL PPL Corp. | 0.71% | 1,474,771 | $56.3M | Add +18339.3% |
| TRS Trimas Corp. | 0.70% | 1,549,662 | $55.7M | Reduce -0.2% |
| LION Lionsgate Studios Corp. | 0.70% | 5,805,850 | $55.7M | Reduce -0.4% |
| TTE Totalenergies SE | 0.69% | 583,442 | $54.5M | Reduce -30.7% |
| AAPL Apple Inc. | 0.69% | 214,590 | $54.5M | Reduce -46.3% |
| TPR Tapestry Inc. | 0.67% | 377,698 | $53.3M | Add +378.0% |
| VOO Vanguard S&P 500 ETF | 0.66% | 87,668 | $52.4M | Reduce -33.3% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.65% | 559,760 | $51.3M | Add +7.2% |
| IBB iShares Biotechnology ETF | 0.65% | 302,307 | $51.0M | Add +0.6% |
| IMTX Immatics NV | 0.63% | 5,059,551 | $49.8M | No change |
| ALLE Allegion PLC | 0.62% | 335,391 | $48.7M | New |
| PLD Prologis Inc. | 0.61% | 365,081 | $48.3M | Add +9520.0% |
| RSP Invesco S&P 500 Equal Weight | 0.57% | 236,366 | $45.4M | Add +59.9% |
| ABBV Abbvie Inc. | 0.57% | 208,359 | $45.3M | Add +101.4% |
| GDX Vaneck Gold Miners ETF | 0.57% | 490,468 | $45.0M | Add +538.0% |
| DVN Devon Energy Corp. | 0.56% | 880,024 | $44.3M | Add +78.9% |
| AMAT Applied Materials Inc. | 0.55% | 127,606 | $43.6M | Add +707.4% |
| MRK Merck & Co. Inc. | 0.55% | 361,688 | $43.5M | Reduce -27.8% |
| ROST Ross Stores Inc. | 0.55% | 199,851 | $43.3M | Reduce -5.6% |
| ELV Elevance Health Inc. | 0.54% | 145,647 | $42.6M | Add +85.8% |
| HD Home Depot Inc. | 0.54% | 129,181 | $42.5M | Add +33.1% |
| RTX RTX Corp. | 0.53% | 217,780 | $42.0M | Add +174.3% |
| AMD Advanced Micro Devices | 0.52% | 200,254 | $40.7M | Reduce -35.0% |
| NSC Norfolk Southern Corp. | 0.50% | 138,093 | $39.6M | Reduce -0.5% |
| URGN Urogen Pharma Ltd. | 0.50% | 2,199,652 | $39.5M | No change |
| CERT Certara Inc. | 0.49% | 6,858,209 | $39.1M | Add +126.2% |
| XOM Exxon Mobil Corp. | 0.49% | 229,899 | $39.0M | Add +66.1% |
| TSLA Tesla Inc. | 0.49% | 104,846 | $39.0M | Reduce -44.3% |
| AMGN Amgen Inc. | 0.48% | 108,330 | $38.1M | Add +3.7% |
| PLTR Palantir Technologies Inc. Class A | 0.48% | 258,544 | $37.8M | Add +77.7% |
| PNFP Pinnacle Financial Partners | 0.48% | 436,754 | $37.6M | New |
| IQV Iqvia Holdings Inc. | 0.47% | 218,675 | $37.3M | Add +59.5% |
| NFLX Netflix Inc. | 0.44% | 358,931 | $34.5M | Add +33.7% |
| GRAL Grail Inc. | 0.43% | 657,500 | $34.0M | New |
| CXM Sprinklr Inc. Class A | 0.43% | 5,617,911 | $33.7M | Add +0.5% |
| JAZZ Jazz Pharmaceuticals PLC | 0.42% | 175,599 | $33.2M | Add +4917.1% |
| TIC Tic Solutions Inc. | 0.42% | 5,000,000 | $32.9M | No change |
| LMT Lockheed Martin Corp. | 0.41% | 53,520 | $32.3M | Add +1545.3% |
| HON Honeywell International Inc. | 0.39% | 134,777 | $30.5M | Reduce -64.7% |
| SRE Sempra | 0.38% | 310,028 | $30.1M | Reduce -18.3% |
| JPM JPMorgan Chase & Co. | 0.36% | 97,564 | $28.7M | Reduce -73.7% |
| CENX Century Aluminum Company | 0.36% | 484,193 | $28.4M | Add +353.8% |
| DAVE Dave Inc. | 0.35% | 158,277 | $27.6M | Add +25.7% |
| TMO Thermo Fisher Scientific Inc. | 0.34% | 54,886 | $27.0M | Add +3685.2% |
| BMRN Biomarin Pharmaceutical Inc. | 0.33% | 468,146 | $26.4M | Add +0.2% |
| ARES Ares Management Corp. Class A | 0.33% | 238,965 | $26.1M | Add +16.6% |
| KRE SS SPDR S&P Regional Bank | 0.33% | 400,048 | $26.1M | Add +56.0% |
| PFE Pfizer Inc. | 0.33% | 923,320 | $25.9M | Reduce -24.9% |
| IMNM Immunome Inc. | 0.32% | 1,160,715 | $25.4M | Reduce -42.0% |
| SPHQ Invesco S&P 500 Quality ETF | 0.31% | 326,865 | $24.6M | Add +20.8% |
| GOOGL Alphabet Inc. Class A | 0.31% | 84,691 | $24.4M | Reduce -81.9% |
| KVUE Kenvue Inc. | 0.31% | 1,400,000 | $24.1M | Add +20355.9% |
| ORCL Oracle Corp. | 0.30% | 161,283 | $23.7M | Add +235.7% |
| GFL GFL Environmental Inc.-Sub VT | 0.30% | 560,121 | $23.4M | Reduce -45.7% |
| BLK BlackRock Inc. | 0.29% | 24,237 | $23.3M | Add +3308.9% |
| BPOP Popular Inc. | 0.29% | 172,947 | $23.2M | Add +1495.5% |
| GEL Genesis Energy L.P. | 0.29% | 1,288,561 | $23.0M | Reduce -23.6% |
| NNN NNN REIT Inc. | 0.29% | 541,675 | $22.8M | Reduce -35.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.29% | 465,020 | $22.7M | Add +183.3% |
| CTAS Cintas Corp. | 0.29% | 133,938 | $22.7M | Add +2335.2% |
| ARGX Argenx SE - ADR | 0.28% | 30,005 | $21.9M | Add +0.0% |
| FANG Diamondback Energy Inc. | 0.28% | 110,404 | $21.8M | Reduce -49.6% |
| LLY Eli Lilly & Co. | 0.27% | 23,030 | $21.2M | Reduce -61.8% |
| EMBC Embecta Corp. | 0.26% | 2,355,162 | $20.8M | Add +0.0% |
| GOOG Alphabet Inc. Class C | 0.26% | 71,311 | $20.5M | Reduce -90.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.25% | 70,000 | $20.1M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.25% | 41,823 | $20.0M | Reduce -75.0% |
| ARKG ARK Genomic Revolution ETF | 0.25% | 750,821 | $19.8M | New |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.25% | 167,002 | $19.8M | Add +18.7% |
| HPE Hewlett Packard Enterprise | 0.25% | 826,500 | $19.7M | New |
| WPC WP Carey Inc. | 0.25% | 287,250 | $19.5M | Add +6100.1% |
| QUAL iShares MSCI USA Quality Fac | 0.25% | 101,167 | $19.4M | Add +10.3% |
| COST Costco Wholesale Corp. | 0.24% | 19,337 | $19.3M | Reduce -37.9% |
| EFA iShares MSCI Eafe ETF | 0.24% | 197,726 | $19.2M | Add +1638.7% |
| PH Parker Hannifin Corp. | 0.24% | 21,096 | $18.9M | Add +62.2% |
| HLNE Hamilton Lane Inc. Class A | 0.24% | 189,688 | $18.9M | Add +93.1% |
| OTIS Otis Worldwide Corp. | 0.24% | 241,500 | $18.6M | Add +5746.0% |
Options reported separately and not counted above: GLD calls ($2.4B), GLD puts ($1.1B), SPY puts ($672.1M), QQQ puts ($253.3M), XLE puts ($157.4M), TLT calls ($104.0M), IREN puts ($82.7M), IREN calls ($76.9M), INTC puts ($65.0M), AMZN calls ($52.3M), QQQ calls ($47.8M), XLF puts ($46.9M), and 304 more.
Other holdings (126): bonds, preferreds, convertibles and warrants · $296.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | 32,232,000 | $28.6M | Add +652.2% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 15,977,000 | $17.2M | Add +4.2% |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 16,401,000 | $16.4M | Reduce -21.3% |
| GUARDANT HEALTH INC (GH 1.25 02/15/31) | DEBT 1.250% 2/1 · principal | 8,843,000 | $14.9M | Add +3901.4% |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | 14,918,000 | $14.5M | Add +2.9% |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | 15,377,000 | $13.9M | Add +669.2% |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | 12,700,000 | $12.5M | Add +12600.0% |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | 6,763,000 | $9.6M | Reduce -55.2% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 9,290,000 | $8.9M | Reduce -2.8% |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 5,370,000 | $7.9M | Add +27.3% |
| UPSTART HOLDINGS INC (UPST 1 11/15/30) | NOTE 1.000%11/1 · principal | 10,835,000 | $7.9M | Reduce -2.6% |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 7,488,000 | $7.5M | Add +27.0% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 7,986,000 | $7.4M | Add +473.3% |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | 6,986,000 | $6.8M | Reduce -2.2% |
| ANI PHARMACEUTICALS INC (ANIP 2.25 09/01/29) | NOTE 2.250% 9/0 · principal | 5,070,000 | $6.3M | Reduce -33.5% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 4,041,000 | $6.1M | New |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 4,250,000 | $5.8M | Add +1135.5% |
| ZENAS BIOPHARMA INC (ZBIO 2.5 04/01/32) | NOTE 2.500% 4/0 · principal | 5,548,000 | $5.8M | New |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 3,511,000 | $5.2M | Add +122.9% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 4,901,000 | $3.9M | Reduce -30.3% |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 4,000,000 | $3.9M | Add +278.8% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 3,896,000 | $3.7M | Add +7692.0% |
| ALPHATEC HOLDINGS INC (ATEC 0.75 03/15/30) | NOTE 0.750% 3/1 · principal | 3,554,000 | $3.7M | New |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 2,710,000 | $3.0M | Add +4827.3% |
| COGENT BIOSCIENCES INC (COGT 1.625 11/15/31) | NOTE 1.625%11/1 · principal | 2,411,000 | $3.0M | New |
| LCI INDUSTRIES (LCII 3 03/01/30) | NOTE 3.000% 3/0 · principal | 2,303,000 | $2.8M | New |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 2,197,000 | $2.7M | Reduce -31.8% |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 2,491,000 | $2.6M | Add +61.8% |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 2,212,000 | $2.4M | Reduce -0.9% |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 2,474,000 | $2.4M | Add +209.3% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 2,377,000 | $2.3M | New |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | 1,975,000 | $2.3M | Add +2721.4% |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 2,190,000 | $2.1M | Add +1559.1% |
| LIVEPERSON INC (LPSN 0 12/15/26) | NOTE 12/1 · principal | 5,153,000 | $2.0M | No change |
| SYNAPTICS INC (SYNA 0.75 12/01/31) | NOTE 0.750%12/0 · principal | 1,809,000 | $1.9M | New |
| GREEN PLAINS INC (GPRE 5.25 11/01/30 UNRS) | NOTE 5.250%11/0 · principal | 1,254,000 | $1.8M | Reduce -80.7% |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 1,720,000 | $1.8M | Add +877.3% |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 1,492,000 | $1.7M | New |
| VSE CORP (VSEC 5.75 02/01/29) | UNIT 02/01/2029 | 33,213 | $1.7M | New |
| ALIGNMENT HEALTHCARE (ALHC 4.25 11/15/29) | NOTE 4.250%11/1 · principal | 1,151,000 | $1.6M | Add +108.9% |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 1,229,000 | $1.6M | New |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 1,694,000 | $1.6M | Add +276.4% |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 1,533,000 | $1.6M | Add +124.5% |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 28,400 | $1.5M | New |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | 32,353 | $1.5M | New |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 1,400,000 | $1.4M | Reduce -43.2% |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 908,000 | $1.4M | Reduce -83.0% |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 1,277,000 | $1.3M | New |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 1,363,000 | $1.3M | New |
| RAMACO RESOURCES INC (METC 0 11/01/31) | NOTE 11/0 · principal | 1,675,000 | $1.3M | Add +139.3% |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 748,000 | $1.2M | New |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 867,000 | $1.2M | New |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 1,110,000 | $1.1M | New |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 19,474 | $1.1M | Reduce -50.5% |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 1,122,000 | $1.1M | Reduce -47.0% |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 1,150,000 | $1.1M | New |
| MARA HOLDINGS INC (MARA 0 03/01/30) | NOTE 3/0 · principal | 1,196,000 | $1.0M | Reduce -94.4% |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 1,000,000 | $1.0M | New |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 976,000 | $958K | New |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 872,000 | $896K | Reduce -89.7% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 681,000 | $874K | Add +9.8% |
| LEMAITRE VASCULAR INC (LMAT 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | 717,000 | $810K | Reduce -41.2% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 652,000 | $764K | New |
| UNITY SOFTWARE INC (U 0 03/15/30) | NOTE 3/1 · principal | 594,000 | $592K | New |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 460,000 | $554K | Reduce -38.9% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 115,000 | $545K | Add +7.5% |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | 77,000 | $505K | New |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 500,000 | $503K | Reduce -66.7% |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 425,000 | $488K | Add +114.7% |
| CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30) | NOTE 2.000% 3/1 · principal | 450,000 | $462K | New |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 328,000 | $424K | Add +337.3% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 425,000 | $408K | New |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 286,000 | $399K | New |
| SUNRUN INC (RUN 4 03/01/30) | NOTE 4.000% 3/0 · principal | 329,000 | $392K | Reduce -83.6% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 241,000 | $323K | New |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 334,000 | $300K | Reduce -38.0% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 289,000 | $296K | New |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 231,000 | $281K | Add +645.2% |
| SABRE GLBL INC (SABHLD 7.32 08/01/26) | NOTE 7.320% 8/0 · principal | 277,000 | $281K | Add +56.5% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 230,000 | $279K | New |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | 275,000 | $276K | New |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 207,000 | $267K | New |
| QFIN HOLDINGS INC | NOTE 0.500% 4/0 · principal | 300,000 | $257K | New |
| IREN LTD (IREN 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | 110,000 | $242K | New |
| SOLARIS ENERGY INFRASTRU (SEI 4.75 05/01/30) | NOTE 4.750% 5/0 · principal | 100,000 | $237K | No change |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 254,000 | $234K | Add +89.5% |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 222,000 | $223K | Reduce -81.9% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 211,000 | $222K | New |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 236,000 | $221K | Reduce -92.3% |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | 101,000 | $213K | New |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 172,000 | $205K | Reduce -74.6% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 200,000 | $198K | No change |
| MCEWEN INC (MUX 5.25 08/15/30) | NOTE 5.250% 8/1 · principal | 90,000 | $187K | New |
| ALKAMI TECHNOLOGY INC (ALKTEC 1.5 03/15/30) | NOTE 1.500% 3/1 · principal | 200,000 | $180K | New |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | 156,000 | $162K | No change |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | 177,000 | $155K | New |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 124,000 | $144K | Add +10.7% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 136,000 | $135K | New |
| INTEGER HOLDINGS CORP (ITGR 1.875 03/15/30) | DBCV 1.875% 3/1 · principal | 137,000 | $132K | New |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 132,000 | $126K | New |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 125,000 | $123K | Reduce -70.6% |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 100,000 | $122K | Add +669.2% |
| CENTRUS ENERGY CORP (LEU 2.25 11/01/30) | NOTE 2.250%11/0 · principal | 59,000 | $121K | New |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 60,000 | $106K | Reduce -39.4% |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | 100,000 | $100K | No change |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 100,000 | $97K | No change |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 90,000 | $83K | New |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 73,000 | $62K | No change |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 22,000 | $58K | New |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 45,000 | $57K | Add +309.1% |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 13,518 | $52K | No change |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 44,000 | $51K | Reduce -32.3% |
| PAR TECHNOLOGY CORP (PAR 2.875 04/15/26) | NOTE 2.875% 4/1 · principal | 50,000 | $50K | No change |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 50,000 | $44K | New |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | 20,000 | $41K | Reduce -98.8% |
| CIPHER DIGITAL INC (CIFR 1.75 05/15/30) | NOTE 1.750% 5/1 · principal | 11,000 | $34K | New |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | 27,000 | $24K | New |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 24,000 | $23K | New |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 19,660 | $22K | Reduce -61.2% |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 21,000 | $21K | Reduce -19.2% |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 20,000 | $19K | New |
| LIVANOVA PLC (LIVN 2.5 03/15/29) | NOTE 2.500% 3/1 · principal | 14,000 | $16K | Reduce -95.0% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 12,000 | $14K | New |
| IRONWOOD PHARMACEUTICALS (IRWD 1.5 06/15/26) | NOTE 1.500% 6/1 · principal | 13,000 | $13K | No change |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 13,000 | $12K | Reduce -99.3% |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | 12,000 | $11K | Reduce -33.3% |
Total filed on the 13F, all lines: $8.2B.
Portfolio Sells Q4 2025 → Q1 2026
| GOOG Alphabet Inc. Class C | Reduce -90.9% | 0.26% | −1.80 |
| NVDA Nvidia Corp. | Reduce -64.2% | 1.64% | −1.61 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -46.0% | 5.19% | −1.50 |
| CDTX Cidara Therapeutics Inc. | Sold out | 0.00% | −1.42 |
| INSM Insmed Inc. | Reduce -99.6% | 0.01% | −1.35 |
| PG The Procter & Gamble Co. | Reduce -97.0% | 0.05% | −1.15 |
| GLD SPDR Gold Shares | Reduce -96.8% | 0.06% | −1.07 |
| MSFT Microsoft Corp. | Reduce -95.7% | 0.06% | −1.06 |
| CRH CRH PLC | Reduce -98.7% | 0.02% | −0.95 |
| GOOGL Alphabet Inc. Class A | Reduce -81.9% | 0.31% | −0.92 |
| MU Micron Technology Inc. | Reduce -90.2% | 0.17% | −0.82 |
| IWM iShares Russell 2000 ETF | Reduce -48.8% | 2.78% | −0.80 |
| C Citigroup Inc. | Reduce -90.5% | 0.12% | −0.76 |
| RVMD Revolution Medicines Inc. | Reduce -99.8% | 0.00% | −0.76 |
| CMA Comerica Inc. | Sold out | 0.00% | −0.74 |
| JPM JPMorgan Chase & Co. | Reduce -73.7% | 0.36% | −0.64 |
| ROIV Roivant Sciences Ltd. | Reduce -99.8% | 0.00% | −0.64 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −0.58 |
| RY Royal Bank of Canada | Sold out | 0.00% | −0.58 |
| BMO Bank of Montreal | Reduce -98.4% | 0.01% | −0.51 |
| ABVX Abivax SA-ADR | Reduce -97.8% | 0.01% | −0.50 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -92.6% | 0.07% | −0.49 |
| CVX Chevron Corp. | Reduce -87.6% | 0.16% | −0.47 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -75.0% | 0.25% | −0.45 |
| BN Brookfield Corp. | Reduce -99.8% | 0.00% | −0.43 |
| PEP Pepsico Inc. | Reduce -96.8% | 0.02% | −0.41 |
| VZ Verizon Communications Inc. | Reduce -90.4% | 0.09% | −0.40 |
| BKR Baker Hughes Co. | Reduce -86.3% | 0.14% | −0.36 |
| AON Aon PLC Class A | Reduce -99.2% | 0.00% | −0.36 |
| CELH Celsius Holdings Inc. | Reduce -98.2% | 0.01% | −0.36 |
| PYPL PayPal Holdings Inc. | Reduce -95.7% | 0.02% | −0.36 |
| AMZN Amazon.com Inc. | Reduce -40.7% | 1.46% | −0.35 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -98.5% | 0.01% | −0.34 |
| STX Seagate Technology Holdings | Reduce -93.0% | 0.06% | −0.34 |
| DIS The Walt Disney Co. | Reduce -97.8% | 0.01% | −0.34 |
| BA The Boeing Co. | Reduce -92.0% | 0.04% | −0.30 |
| SNOW Snowflake Inc. | Reduce -95.5% | 0.01% | −0.30 |
| AHCO Adapthealth Corp. | Reduce -94.2% | 0.03% | −0.28 |
| LLY Eli Lilly & Co. | Reduce -61.8% | 0.27% | −0.28 |
| MCD McDonald's Corp. | Reduce -93.6% | 0.03% | −0.27 |
| KLAC KLA Corp. | Reduce -95.9% | 0.02% | −0.27 |
| TMUS T-Mobile US Inc. | Reduce -94.5% | 0.02% | −0.26 |
| MS Morgan Stanley | Reduce -92.2% | 0.03% | −0.26 |
| NDAQ Nasdaq Inc. | Reduce -90.6% | 0.04% | −0.26 |
| HON Honeywell International Inc. | Reduce -64.7% | 0.39% | −0.24 |
| UNH Unitedhealth Group Inc. | Reduce -98.6% | 0.00% | −0.24 |
| DHR Danaher Corp. | Reduce -98.2% | 0.01% | −0.23 |
| SPOT Spotify Technology SA | Reduce -98.8% | 0.00% | −0.23 |
| AAPL Apple Inc. | Reduce -46.3% | 0.69% | −0.22 |
| FRMI Fermi Inc. | Reduce -99.2% | 0.00% | −0.22 |
Portfolio Buys Q4 2025 → Q1 2026
| XBI SS SPDR S&P Biotech ETF | Add +35.0% | 3.74% | +1.98 |
| XRT SS SPDR S&P Retail ETF | New | 1.25% | +1.25 |
| AVGO Broadcom Inc. | Add +1012.5% | 1.34% | +1.25 |
| META Meta Platforms Inc. Class A | Add +355.9% | 1.30% | +1.08 |
| MA Mastercard Inc. Class A | Add +116.4% | 1.44% | +0.93 |
| ADP Automatic Data Processing | Add +664.5% | 1.01% | +0.90 |
| JCI Johnson Controls Internation | Add +21942.7% | 0.87% | +0.87 |
| ADI Analog Devices Inc. | Add +5263.8% | 0.86% | +0.85 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +15699.0% | 0.84% | +0.84 |
| PPL PPL Corp. | Add +18339.3% | 0.71% | +0.71 |
| CAT Caterpillar Inc. | Add +695.6% | 0.75% | +0.70 |
| ACHC Acadia Healthcare Co. Inc. | Add +6.9% | 1.07% | +0.67 |
| VNQ Vanguard Real Estate ETF | Add +123.0% | 0.90% | +0.63 |
| ALLE Allegion PLC | New | 0.62% | +0.62 |
| PLD Prologis Inc. | Add +9520.0% | 0.61% | +0.61 |
| TPR Tapestry Inc. | Add +378.0% | 0.67% | +0.59 |
| APH Amphenol Corp. Class A | Add +126.4% | 0.85% | +0.58 |
| WMT Walmart Inc. | Add +25.2% | 0.99% | +0.52 |
| AMAT Applied Materials Inc. | Add +707.4% | 0.55% | +0.52 |
| GDX Vaneck Gold Miners ETF | Add +538.0% | 0.57% | +0.51 |
| PNFP Pinnacle Financial Partners | New | 0.48% | +0.48 |
| GRAL Grail Inc. | New | 0.43% | +0.43 |
| JAZZ Jazz Pharmaceuticals PLC | Add +4917.1% | 0.42% | +0.42 |
| RTX RTX Corp. | Add +174.3% | 0.53% | +0.41 |
| DVN Devon Energy Corp. | Add +78.9% | 0.56% | +0.41 |
| ASH Ashland Inc. | Add +0.4% | 1.34% | +0.41 |
| LMT Lockheed Martin Corp. | Add +1545.3% | 0.41% | +0.40 |
| COR Cencora Inc. | Add +51.5% | 0.72% | +0.38 |
| ABBV Abbvie Inc. | Add +101.4% | 0.57% | +0.37 |
| XOM Exxon Mobil Corp. | Add +66.1% | 0.49% | +0.35 |
| RSP Invesco S&P 500 Equal Weight | Add +59.9% | 0.57% | +0.34 |
| TMO Thermo Fisher Scientific Inc. | Add +3685.2% | 0.34% | +0.33 |
| CENX Century Aluminum Company | Add +353.8% | 0.36% | +0.32 |
| ELV Elevance Health Inc. | Add +85.8% | 0.54% | +0.31 |
| KVUE Kenvue Inc. | Add +20355.9% | 0.31% | +0.30 |
| BLK BlackRock Inc. | Add +3308.9% | 0.29% | +0.29 |
| BPOP Popular Inc. | Add +1495.5% | 0.29% | +0.28 |
| CTAS Cintas Corp. | Add +2335.2% | 0.29% | +0.28 |
| CERT Certara Inc. | Add +126.2% | 0.49% | +0.27 |
| PLTR Palantir Technologies Inc. Class A | Add +77.7% | 0.48% | +0.26 |
| HD Home Depot Inc. | Add +33.1% | 0.54% | +0.26 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.25% | +0.25 |
| ARKG ARK Genomic Revolution ETF | New | 0.25% | +0.25 |
| HPE Hewlett Packard Enterprise | New | 0.25% | +0.25 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +7.2% | 0.65% | +0.25 |
| WPC WP Carey Inc. | Add +6100.1% | 0.25% | +0.24 |
| EFA iShares MSCI Eafe ETF | Add +1638.7% | 0.24% | +0.23 |
| OTIS Otis Worldwide Corp. | Add +5746.0% | 0.24% | +0.23 |
| NFLX Netflix Inc. | Add +33.7% | 0.44% | +0.23 |
| ORCL Oracle Corp. | Add +235.7% | 0.30% | +0.22 |
Options Activity Q4 2025 → Q1 2026
| GLD SPDR Gold Shares | call | Add +153.2% | 5,565,600 | $2.4B |
| GLD SPDR Gold Shares | put | Add +73.9% | 2,516,500 | $1.1B |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -42.1% | 1,033,400 | $672.1M |
| QQQ Invesco QQQ Trust Series 1 | put | Add +720.2% | 438,800 | $253.3M |
| GOOG Alphabet Inc. Class C | put | Sold out | 754,000 | $236.6Mbefore exit |
| XLE SS Energy Select Sector | put | Reduce -21.5% | 2,568,700 | $157.4M |
| C Citigroup Inc. | call | Sold out | 1,022,100 | $119.3Mbefore exit |
| META Meta Platforms Inc. Class A | call | Sold out | 134,600 | $88.8Mbefore exit |
| IREN Iren Ltd. | put | Reduce -68.0% | 2,412,200 | $82.7M |
| IREN Iren Ltd. | call | Reduce -72.0% | 2,242,500 | $76.9M |
| EQT Eqt Corp. | put | Sold out | 1,287,400 | $69.0Mbefore exit |
| INTC Intel Corp. | put | Add +43.1% | 1,473,800 | $65.0M |
| CELH Celsius Holdings Inc. | put | Sold out | 1,321,200 | $60.4Mbefore exit |
| IWM iShares Russell 2000 ETF | call | Sold out | 240,000 | $59.1Mbefore exit |
| GOOGL Alphabet Inc. Class A | put | Sold out | 175,000 | $54.8Mbefore exit |
| AMZN Amazon.com Inc. | call | Add +105.2% | 251,000 | $52.3M |
| QQQ Invesco QQQ Trust Series 1 | call | Add +2268.6% | 82,900 | $47.8M |
| XLF SS Financial Select Sector | put | Add +849.6% | 949,600 | $46.9M |
| STX Seagate Technology Holdings | put | Sold out | 170,000 | $46.8Mbefore exit |
| VST Vistra Corp. | call | Sold out | 287,600 | $46.4Mbefore exit |
| WMT Walmart Inc. | put | Sold out | 401,500 | $44.7Mbefore exit |
| FSLR First Solar Inc. | put | Sold out | 165,700 | $43.3Mbefore exit |
| HD Home Depot Inc. | put | Sold out | 124,200 | $42.7Mbefore exit |
| WMT Walmart Inc. | call | Add +77.5% | 342,900 | $42.6M |
| WMB Williams Cos Inc. | put | New | 517,300 | $37.6M |
| EEM iShares MSCI Emerging Market | put | Add +1369.9% | 643,800 | $36.6M |
| GRAL Grail Inc. | put | New | 650,000 | $33.6M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -57.7% | 50,500 | $32.8M |
| BAC Bank of America Corp. | put | Add +11.7% | 662,200 | $32.3M |
| NEE Nextera Energy Inc. | call | Sold out | 400,000 | $32.1Mbefore exit |
| JNJ Johnson & Johnson | put | Sold out | 155,100 | $32.1Mbefore exit |
| EEM iShares MSCI Emerging Market | call | Add +396.7% | 507,100 | $28.8M |
| XLE SS Energy Select Sector | call | Reduce -56.9% | 440,000 | $27.0M |
| NEE Nextera Energy Inc. | put | Reduce -6.7% | 280,000 | $26.0M |
| RSP Invesco S&P 500 Equal Weight | call | Reduce -11.7% | 135,100 | $25.9M |
| IMNM Immunome Inc. | put | Reduce -42.0% | 1,160,700 | $25.4M |
| FIX Comfort Systems USA Inc. | put | Sold out | 27,000 | $25.2Mbefore exit |
| COST Costco Wholesale Corp. | put | Sold out | 29,000 | $25.0Mbefore exit |
| D Dominion Energy Inc. | call | Sold out | 424,000 | $24.8Mbefore exit |
| TLT iShares 20+ Year Treasury BD | put | Reduce -5.0% | 285,000 | $24.7M |
| BAH Booz Allen Hamilton Holdings | put | Sold out | 290,000 | $24.5Mbefore exit |
| CRH CRH PLC | put | Sold out | 196,000 | $24.5Mbefore exit |
| TMO Thermo Fisher Scientific Inc. | call | Sold out | 41,600 | $24.1Mbefore exit |
| FRMI Fermi Inc. | put | Sold out | 3,000,000 | $24.0Mbefore exit |
| STNG Scorpio Tankers Inc. | put | Sold out | 463,100 | $23.5Mbefore exit |
| CVNA Carvana Co. | put | Sold out | 53,000 | $22.4Mbefore exit |
| BE Bloom Energy Corp. Class A | call | Sold out | 245,900 | $21.4Mbefore exit |
| WMB Williams Cos Inc. | call | New | 291,400 | $21.2M |
| BKLN Invesco Senior Loan ETF | put | New | 1,006,900 | $20.6M |
| PRGS Progress Software Corp. | call | Sold out | 476,500 | $20.5Mbefore exit |
Showing the first 50 of 505.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | Add +652.2% | 32,232,000 | $28.6M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +4.2% | 15,977,000 | $17.2M |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | Reduce -21.3% | 16,401,000 | $16.4M |
| GUARDANT HEALTH INC (GH 1.25 02/15/31) | DEBT 1.250% 2/1 · principal | Add +3901.4% | 8,843,000 | $14.9M |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | Add +2.9% | 14,918,000 | $14.5M |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | Add +669.2% | 15,377,000 | $13.9M |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | Add +12600.0% | 12,700,000 | $12.5M |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Sold out | 11,492,000 | $11.5Mbefore exit |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 11,317,000 | $11.4Mbefore exit |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | Reduce -55.2% | 6,763,000 | $9.6M |
| UPSTART HOLDINGS INC (UPST 2 10/01/29) | NOTE 2.000%10/0 · principal | Sold out | 7,286,000 | $9.2Mbefore exit |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Reduce -2.8% | 9,290,000 | $8.9M |
| MARA HOLDINGS INC (MARA 0 06/01/31) | NOTE 6/0 · principal | Sold out | 10,318,000 | $8.7Mbefore exit |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | Add +27.3% | 5,370,000 | $7.9M |
| UPSTART HOLDINGS INC (UPST 1 11/15/30) | NOTE 1.000%11/1 · principal | Reduce -2.6% | 10,835,000 | $7.9M |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | Add +27.0% | 7,488,000 | $7.5M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Add +473.3% | 7,986,000 | $7.4M |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | Reduce -2.2% | 6,986,000 | $6.8M |
| ANI PHARMACEUTICALS INC (ANIP 2.25 09/01/29) | NOTE 2.250% 9/0 · principal | Reduce -33.5% | 5,070,000 | $6.3M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | New | 4,041,000 | $6.1M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Add +1135.5% | 4,250,000 | $5.8M |
| ZENAS BIOPHARMA INC (ZBIO 2.5 04/01/32) | NOTE 2.500% 4/0 · principal | New | 5,548,000 | $5.8M |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Add +122.9% | 3,511,000 | $5.2M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Reduce -30.3% | 4,901,000 | $3.9M |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | Add +278.8% | 4,000,000 | $3.9M |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Add +7692.0% | 3,896,000 | $3.7M |
| ALPHATEC HOLDINGS INC (ATEC 0.75 03/15/30) | NOTE 0.750% 3/1 · principal | New | 3,554,000 | $3.7M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Sold out | 43,056 | $3.0Mbefore exit |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | Add +4827.3% | 2,710,000 | $3.0M |
| COGENT BIOSCIENCES INC (COGT 1.625 11/15/31) | NOTE 1.625%11/1 · principal | New | 2,411,000 | $3.0M |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | Sold out | 2,774,000 | $2.9Mbefore exit |
| LCI INDUSTRIES (LCII 3 03/01/30) | NOTE 3.000% 3/0 · principal | New | 2,303,000 | $2.8M |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | Sold out | 2,200,000 | $2.7Mbefore exit |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Reduce -31.8% | 2,197,000 | $2.7M |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | Add +61.8% | 2,491,000 | $2.6M |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | Sold out | 2,000,000 | $2.6Mbefore exit |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | Sold out | 2,562,000 | $2.6Mbefore exit |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | Sold out | 2,863,000 | $2.5Mbefore exit |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | Sold out | 1,676,000 | $2.5Mbefore exit |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | Sold out | 2,327,000 | $2.5Mbefore exit |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | Reduce -0.9% | 2,212,000 | $2.4M |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | Add +209.3% | 2,474,000 | $2.4M |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | New | 2,377,000 | $2.3M |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | Add +2721.4% | 1,975,000 | $2.3M |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | Add +1559.1% | 2,190,000 | $2.1M |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Sold out | 1,993,000 | $2.0Mbefore exit |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Sold out | 2,091,000 | $1.9Mbefore exit |
| SYNAPTICS INC (SYNA 0.75 12/01/31) | NOTE 0.750%12/0 · principal | New | 1,809,000 | $1.9M |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | Sold out | 1,774,000 | $1.8Mbefore exit |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | Sold out | 1,749,000 | $1.8Mbefore exit |
Showing the first 50 of 179.
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 |