Kim, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Kim, LLC reported 16 stock positions worth $297.7 million. Its top holding was Sound Point Meridian Capital (SPMC) at 32.4% of the portfolio, followed by Return STKD BND & Fut YD ETF (RSBY, 15.7%) and Aspen Aerogels (ASPN, 14.1%). Compared with Q4 2025, it opened 1 new position, sold out of 2, added to 1 and reduced 3. The biggest buy was a new position in BlackRock Muniyield Quality (MQY) and the biggest sale Return Stacked US S&F YD ETF (RSSY, shares −44%).
- Most Recent 13F
- Q2 2026
- Location
- WICHITA, KS
- CIK
- 0001888968
- Portfolio Value
- $297.7M (Q1 2026)
- SEC Filing
- 0001888968-26-000002 ↗ filed May 12, 2026
Holdings Value
Holdings 16 stocks · $297.7M
| SPMC Sound Point Meridian Capital | 32.44% | 10,790,928 | $96.6M | No change |
| RSBY Return STKD BND & Fut YD ETF | 15.67% | 2,510,000 | $46.7M | Reduce -33.2% |
| ASPN Aspen Aerogels Inc. | 14.11% | 12,280,426 | $42.0M | No change |
| RSSY Return Stacked US S&F YD ETF | 11.84% | 1,585,000 | $35.3M | Reduce -44.0% |
| VSH Vishay Intertechnology Inc. | 11.76% | 1,944,835 | $35.0M | Reduce -37.2% |
| KORE GROUP HLDGS INC | 6.06% | 2,000,000 | $18.0M | No change |
| CHYM Chime Financial Inc. Class A | 1.82% | 289,032 | $5.4M | No change |
| SMRT Smartrent Inc. | 1.34% | 2,656,173 | $4.0M | No change |
| NZF Nuveen Municipal Credit Inc. | 1.02% | 250,000 | $3.0M | No change |
| MMLP Martin Midstream Partners LP | 0.93% | 1,002,819 | $2.8M | Add +5.6% |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | 0.92% | 243,700 | $2.7M | No change |
| MYI BlackRock Muniyield QLTY III | 0.72% | 204,185 | $2.1M | No change |
| FIP Ftai Infrastructure Inc. | 0.49% | 293,901 | $1.5M | No change |
| MQY BlackRock Muniyield Quality | 0.40% | 108,577 | $1.2M | New |
| NAD Nuveen Quality Municipal Inc. | 0.39% | 100,000 | $1.1M | No change |
| MHD BlackRock Muniholdings Fund | 0.09% | 22,805 | $257K | No change |
Options reported separately and not counted above: SPY puts ($195.1M), PLTR puts ($102.4M).
Other holdings (46): bonds, preferreds, convertibles and warrants · $380.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 25,500,000 | $25.5M | New |
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | 2,074,034 | $24.0M | New |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 16,693,000 | $16.6M | New |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 17,000,000 | $16.2M | Add +126.7% |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 15,400,000 | $16.0M | Add +2.7% |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | 17,500,000 | $15.8M | Add +250.0% |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 12,000,000 | $14.8M | No change |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 11,800,000 | $14.2M | Reduce -20.3% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 10,000,000 | $12.9M | Add +100.0% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 12,089,000 | $12.7M | Add +141.8% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 12,000,000 | $12.5M | Add +100.0% |
| LCI INDUSTRIES (LCII 3 03/01/30) | NOTE 3.000% 3/0 · principal | 10,000,000 | $12.1M | New |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | 12,000,000 | $10.5M | New |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 10,000,000 | $10.2M | Add +300.0% |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | 6,563,000 | $10.1M | Reduce -12.5% |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 10,000,000 | $9.8M | No change |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 9,439,000 | $9.5M | Add +155.9% |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | 10,000,000 | $9.2M | Add +11.1% |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | 9,165,000 | $9.0M | Add +37.5% |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 10,030,000 | $8.8M | Add +25.4% |
| PENGUIN SOLUTIONS CAYMEN (PENG 2 08/15/30) | NOTE 2.000% 8/1 · principal | 7,650,000 | $7.7M | Reduce -4.4% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 5,000,000 | $7.6M | New |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 6,000,000 | $7.3M | Reduce -60.0% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 6,000,000 | $6.9M | New |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 7,500,000 | $6.8M | Add +87.5% |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 6,400,000 | $6.4M | New |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 6,285,000 | $6.1M | Add +214.3% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 4,000,000 | $5.4M | Reduce -55.6% |
| WISDOMTREE INC (WT 3.25 08/15/29) | NOTE 3.250% 8/1 · principal | 4,000,000 | $5.4M | New |
| CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30) | NOTE 2.000% 3/1 · principal | 5,000,000 | $5.1M | New |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 5,000,000 | $4.5M | Reduce -28.6% |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | 5,000,000 | $4.4M | New |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 4,690,000 | $4.4M | Reduce -53.1% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 3,410,000 | $4.0M | Reduce -43.2% |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 3,000,000 | $3.7M | New |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 3,000,000 | $3.5M | Reduce -70.0% |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | 3,500,000 | $3.5M | New |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | 3,000,000 | $3.2M | New |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 2,500,000 | $2.5M | No change |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 2,500,000 | $2.5M | No change |
| SYNAPTICS INC (SYNA 0.75 12/01/31) | NOTE 0.750%12/0 · principal | 2,000,000 | $2.1M | New |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 2,000,000 | $1.9M | No change |
| GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) | NOTE 5.875%10/0 · principal | 2,000,000 | $1.9M | Add +33.3% |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 2,000,000 | $1.8M | Reduce -66.7% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 1,000,000 | $1.3M | New |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 658,000 | $654K | Reduce -88.4% |
Total filed on the 13F, all lines: $678.4M.
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
Options Activity Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -25.0% | 300,000 | $195.1M |
| PLTR Palantir Technologies Inc. Class A | put | Add +40.0% | 700,000 | $102.4M |
| MMLP Martin Midstream Partners LP | call | Sold out | 43,100 | $112Kbefore exit |
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
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | Sold out | 27,000,000 | $27.0Mbefore exit |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | Sold out | 26,126,000 | $25.7Mbefore exit |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | New | 25,500,000 | $25.5M |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | Sold out | 25,231,000 | $25.2Mbefore exit |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | Sold out | 25,000,000 | $24.7Mbefore exit |
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | New | 2,074,034 | $24.0M |
| MITEK SYSTEMS INC (MITK 0.75 02/01/26) | NOTE 0.750% 2/0 · principal | Sold out | 20,000,000 | $19.8Mbefore exit |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Sold out | 19,055,000 | $18.9Mbefore exit |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | New | 16,693,000 | $16.6M |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | Add +126.7% | 17,000,000 | $16.2M |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | Sold out | 15,384,000 | $16.1Mbefore exit |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | Add +2.7% | 15,400,000 | $16.0M |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | Add +250.0% | 17,500,000 | $15.8M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Sold out | 15,000,000 | $15.6Mbefore exit |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | Sold out | 15,000,000 | $14.9Mbefore exit |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Reduce -20.3% | 11,800,000 | $14.2M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Add +100.0% | 10,000,000 | $12.9M |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | Add +141.8% | 12,089,000 | $12.7M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Add +100.0% | 12,000,000 | $12.5M |
| LCI INDUSTRIES (LCII 3 03/01/30) | NOTE 3.000% 3/0 · principal | New | 10,000,000 | $12.1M |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | New | 12,000,000 | $10.5M |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | Add +300.0% | 10,000,000 | $10.2M |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | Reduce -12.5% | 6,563,000 | $10.1M |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | Add +155.9% | 9,439,000 | $9.5M |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | Add +11.1% | 10,000,000 | $9.2M |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | Add +37.5% | 9,165,000 | $9.0M |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | Add +25.4% | 10,030,000 | $8.8M |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | Sold out | 7,500,000 | $8.0Mbefore exit |
| PENGUIN SOLUTIONS CAYMEN (PENG 2 08/15/30) | NOTE 2.000% 8/1 · principal | Reduce -4.4% | 7,650,000 | $7.7M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | New | 5,000,000 | $7.6M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Sold out | 7,500,000 | $7.5Mbefore exit |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | Reduce -60.0% | 6,000,000 | $7.3M |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | Sold out | 6,867,000 | $6.9Mbefore exit |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Sold out | 1,500,000 | $6.9Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | New | 6,000,000 | $6.9M |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Add +87.5% | 7,500,000 | $6.8M |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | New | 6,400,000 | $6.4M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Sold out | 5,382,000 | $6.1Mbefore exit |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Add +214.3% | 6,285,000 | $6.1M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Reduce -55.6% | 4,000,000 | $5.4M |
| WISDOMTREE INC (WT 3.25 08/15/29) | NOTE 3.250% 8/1 · principal | New | 4,000,000 | $5.4M |
| CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30) | NOTE 2.000% 3/1 · principal | New | 5,000,000 | $5.1M |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 5,000,000 | $5.0Mbefore exit |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Sold out | 5,000,000 | $5.0Mbefore exit |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | Sold out | 4,000,000 | $4.6Mbefore exit |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | Sold out | 3,000,000 | $4.6Mbefore exit |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | Reduce -28.6% | 5,000,000 | $4.5M |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | New | 5,000,000 | $4.4M |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | Reduce -53.1% | 4,690,000 | $4.4M |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Reduce -43.2% | 3,410,000 | $4.0M |
Showing the first 50 of 67.
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 | 19 | $326.8M | SPMC, ASPN, VSH, RSBY, KORE GROUP HLDGS INC |
| Q1 2026 | 16 | $297.7M | SPMC, RSBY, ASPN, RSSY, VSH |
| Q4 2025 | 17 | $384.6M | SPMC, RSBY, RSSY, VSH, ASPN |
| Q3 2025 | 16 | $522.4M | SPMC, ASPN, RSSY, RSBY, VSH |
| Q2 2025Amended | 22 | $536.8M | SPMC, RSSY, RSBY, ASPN, VSH |
| Q1 2025 | 22 | $361.4M | RSSY, RSBY, ASPN, VSH, TE |
| Q4 2024 | 24 | $573.7M | ASPN, RSSY, QIS, RSBY, VSH |
| Q3 2024 | 24 | $774.9M | ASPN, RSSY, RSBY, QIS, VSH |
| Q2 2024 | 72 | $884.3M | ASPN, RSSY, QIS, VSH, ARES ACQUISITION CORP II |
| Q1 2024 | 77 | $795.1M | ASPN, QIS, VSH, SCRM, ARES ACQUISITION CORP II |