Linden Advisors LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Linden Advisors LP reported 25 stock positions worth $116.4 million. Its top holding was Ares Acquisition Corp. II at 20.0% of the portfolio, followed by Patria Latin American Opport (PLAOF, 9.7%) and Screaming Eagle Acq Class A (SCRM, 9.2%). Compared with Q4 2023, it opened 3 new positions, sold out of 13 and reduced 1. The biggest buy was a new position in MP Materials (MP) and the biggest sale an exit from Gores Holding Ix Class A (GHIX).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001279396
- Portfolio Value
- $116.4M (Q1 2024)
- SEC Filing
- 0000950123-24-005272 ↗ filed May 15, 2024
Holdings Value
Holdings 25 stocks · $116.4M
| ARES ACQUISITION CORP II | 19.98% | 2,200,000 | $23.3M | No change |
| PLAOF Patria Latin American Opport | 9.70% | 1,000,000 | $11.3M | No change |
| SCRM Screaming Eagle Acq Class A | 9.20% | 1,000,000 | $10.7M | No change |
| USAR USA Rare Earth Inc. filed as INFLECTION PT ACQUISITN CRP | 9.00% | 1,000,000 | $10.5M | No change |
| NETD Nabors Energy Transition C-A | 8.94% | 1,000,000 | $10.4M | No change |
| HAYMAKER ACQUISITION CORP 4 | 8.06% | 900,000 | $9.4M | No change |
| CLBR.U Colombier Acquis Corp. II | 5.83% | 650,000 | $6.8M | No change |
| MP MP Materials Corp. | 5.15% | 418,770 | $6.0M | New |
| ALCYF Alchemy Investments Acquisit | 4.55% | 500,000 | $5.3M | No change |
| ANSCU Agriculture & Natural Soluti | 4.40% | 500,000 | $5.1M | No change |
| LEGT.U Legato Merger Corp. III | 3.92% | 450,000 | $4.6M | New |
| SPKUF Spark I Acquisition Corp. | 2.69% | 300,000 | $3.1M | No change |
| BOWN Bowen Acquisition Corp. | 2.25% | 250,000 | $2.6M | No change |
| SWSS Clean Energy Special Situati | 1.90% | 200,000 | $2.2M | No change |
| SBXC Silverbox Corp. III-A | 1.35% | 150,000 | $1.6M | No change |
| MAXNQ Maxeon Solar Technologie | 1.07% | 375,352 | $1.2M | No change |
| ESHA Esh Acquisition Corp. Class A | 0.89% | 100,000 | $1.0M | No change |
| RKLB Rocket Lab USA Inc. | 0.49% | 139,194 | $572K | New |
| ANDRETTI ACQUISITION CORP | 0.19% | 549,999 | $226K | No change |
| LONGEVITY HEALTH HLDGS INC filed as CARMELL CORPORATION | 0.15% | 75,000 | $173K | No change |
| AILWQ Arrowroot Acquisition Corp. | 0.13% | 656,250 | $154K | No change |
| VSEEW Digital Health Acquisition C | 0.06% | 500,000 | $73K | No change |
| ALTERNUS CLEAN ENERGY INC | 0.06% | 149,998 | $64K | No change |
| ABPWW Atlantic Coastal Aqstn Corp. | 0.03% | 499,999 | $35K | No change |
| LEAFLY HOLDINGS INC | 0.00% | 1,500 | $4K | Reduce -50.0% |
Other holdings (290): bonds, preferreds, convertibles and warrants · $12.5B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MICROSTRATEGY INC (MSTR 0.75 12/15/25) | NOTE 0.750%12/1 · principal | 152,976,000 | $656.2M | Add +125.7% |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 293,001,000 | $294.2M | Add +6.0% |
| MONGODB INC (MDB 0.25 01/15/26) | NOTE 0.250% 1/1 · principal | 164,475,000 | $288.2M | Add +3.5% |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 218,794,000 | $274.9M | Add +6.7% |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 85,900,000 | $244.2M | Reduce -0.6% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 267,132,000 | $231.6M | Add +55.5% |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 263,176,000 | $226.3M | Add +28.3% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 186,150,000 | $217.9M | Add +12.7% |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | 70,369,000 | $215.2M | Add +1.9% |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 135,102,000 | $214.4M | Add +397.1% |
| CYBERARK SOFTWARE LTD (CYBR 0 11/15/24) | NOTE 11/1 · principal | 113,152,000 | $192.8M | Add +227.2% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 202,774,000 | $190.3M | Add +80.8% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 246,740,000 | $188.0M | Add +34.6% |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | 186,591,000 | $176.7M | Reduce -0.3% |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 173,875,000 | $170.0M | Add +87.3% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 145,341,000 | $159.7M | Add +20.1% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 159,205,000 | $146.5M | Add +335.4% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 187,518,000 | $145.3M | Add +12.1% |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 123,950,000 | $143.3M | Add +408.0% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 155,426,000 | $142.8M | Add +10.1% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 164,321,000 | $138.0M | Add +6.9% |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 156,914,000 | $137.8M | Add +7.5% |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 100,423,000 | $137.0M | New |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 145,189,000 | $136.8M | Add +1.4% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 111,403,000 | $134.0M | New |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 145,695,000 | $132.1M | Add +23.3% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 133,278,000 | $124.1M | Add +20.5% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 139,645,000 | $119.8M | Reduce -13.0% |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 99,876,000 | $115.5M | Add +1.9% |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 125,174,000 | $114.2M | Add +23.5% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 116,669,000 | $111.0M | Add +4.5% |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 116,135,000 | $110.5M | Add +12.9% |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | 122,501,000 | $110.4M | Add +7.5% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 112,941,000 | $106.3M | Add +50.0% |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 124,000,000 | $104.0M | Add +42.4% |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | 101,686,000 | $104.0M | Add +58.0% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 114,462,000 | $103.1M | Add +22.3% |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 54,368,000 | $101.4M | Add +23.1% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 114,460,000 | $100.9M | Add +20.5% |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 120,807,000 | $100.6M | Add +13.8% |
| JOYY INC (JOYY 1.375 06/15/26) | NOTE 1.375% 6/1 · principal | 99,989,000 | $98.3M | Add +4.9% |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 120,199,000 | $97.2M | Add +9.1% |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | 76,100,000 | $95.1M | New |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 90,738,000 | $91.4M | Add +36.7% |
| VARONIS SYSTEM INC (VRNS 1.25 08/15/25) | NOTE 1.250% 8/1 · principal | 56,653,000 | $90.3M | Add +183.3% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 98,023,000 | $89.9M | Add +37.5% |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 96,579,000 | $88.9M | Add +17.8% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 71,670,000 | $88.1M | Reduce -21.8% |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | 78,077,000 | $85.0M | Add +10.6% |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 97,227,000 | $85.0M | Add +8.4% |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 95,296,000 | $83.7M | Add +5.0% |
| CALLAWAY GOLF CO (CALY 2.75 05/01/26) | NOTE 2.750% 5/0 · principal | 72,543,000 | $83.3M | Add +3.6% |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 92,458,000 | $83.2M | Reduce -0.6% |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 58,127,000 | $82.0M | Add +59.7% |
| LIVENT CORP (LTHM 4.125 07/15/25) | NOTE 4.125% 7/1 · principal | 61,751,000 | $81.8M | Add +59.4% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 91,081,000 | $77.0M | Add +56.6% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 71,280,000 | $76.7M | Add +43.2% |
| BILIBILI INC (BILI 0.5 12/01/26) | NOTE 0.500%12/0 · principal | 79,796,000 | $76.2M | Reduce -11.1% |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 81,998,000 | $75.9M | Add +32.0% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 66,447,000 | $73.9M | Reduce -8.9% |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 69,520,000 | $72.4M | Add +62.6% |
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | 73,748,000 | $72.1M | Reduce -38.4% |
| GLAUKOS CORP (GKOS 2.75 06/15/27) | NOTE 2.750% 6/1 · principal | 40,242,000 | $71.9M | New |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 77,711,000 | $69.5M | Add +2.6% |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 83,074,000 | $69.4M | Add +48.0% |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | 50,514,000 | $68.3M | Add +21.7% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 76,710,000 | $68.1M | Add +3.4% |
| HEALTH CATALYST INC (HCAT 2.5 04/15/25) | NOTE 2.500% 4/1 · principal | 70,490,000 | $67.7M | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 69,023,000 | $67.3M | Reduce -30.9% |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 79,735,000 | $65.6M | Add +39.1% |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 52,640,000 | $64.9M | New |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | 67,500,000 | $64.7M | Add +14.4% |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 81,885,000 | $63.8M | Add +29.8% |
| EVENTBRITE INC (EB 0.75 09/15/26) | NOTE 0.750% 9/1 · principal | 71,831,000 | $60.9M | No change |
| ENVESTNET INC (ENV 2.625 12/01/27) | NOTE 2.625%12/0 · principal | 56,718,000 | $60.1M | Add +0.9% |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 62,491,000 | $59.0M | No change |
| DYNAVAX TECHNOLOGIES (DVAX 2.5 05/15/26) | NOTE 2.500% 5/1 · principal | 43,942,000 | $58.2M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 54,125,000 | $58.2M | Add +14.8% |
| NATIONAL VISION HOLDINGS (EYE 2.5 05/15/25) | NOTE 2.500% 5/1 · principal | 54,706,000 | $57.6M | Add +26.5% |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 62,720,000 | $57.5M | Add +0.2% |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | 61,818,000 | $56.9M | Add +39.0% |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 59,792,000 | $56.8M | Reduce -10.5% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 71,700,000 | $56.7M | Add +32.3% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 54,972,000 | $55.8M | Reduce -7.4% |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 49,838,000 | $54.7M | Add +4.8% |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 53,559,000 | $54.6M | Add +2.4% |
| UPWORK INC (UPWK 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 57,744,000 | $50.7M | Add +81.0% |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | 56,057,000 | $50.1M | Add +33.3% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 53,363,000 | $49.9M | Reduce -14.0% |
| OMNICELL INC (OMCL 0.25 09/15/25) | NOTE 0.250% 9/1 · principal | 52,692,000 | $49.6M | Add +16.4% |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | 45,097,000 | $49.2M | Add +59.4% |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | 60,576,000 | $48.4M | Reduce -29.2% |
| NEOGENOMICS INC (NEO 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 49,111,000 | $47.7M | Add +30.1% |
| CHEGG INC (CHGG 0.125 03/15/25) | NOTE 0.125% 3/1 · principal | 49,393,000 | $46.4M | Add +11.1% |
| VAREX IMAGING CORPORATIO (VREX 4 06/01/25) | NOTE 4.000% 6/0 · principal | 41,132,000 | $45.6M | No change |
| INFINERA CORP (INFN 2.5 03/01/27) | NOTE 2.500% 3/0 · principal | 44,295,000 | $45.6M | No change |
| ENVESTNET INC (ENV 0.75 08/15/25) | 0.75 8/15/2025 · principal | 46,713,000 | $45.5M | Add +81.8% |
| IQIYI INC (IQ 4 12/15/26) | NOTE 4.000%12/1 · principal | 45,788,000 | $45.4M | Add +12.0% |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | 15,290,000 | $45.4M | Reduce -6.1% |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 34,723,000 | $45.1M | Reduce -1.7% |
| NATERA INC (NTRA 2.25 05/01/27) | NOTE 2.250% 5/0 · principal | 18,343,000 | $44.7M | Add +12727.3% |
| INFINERA CORP (INFN 3.75 08/01/28) | NOTE 3.750% 8/0 · principal | 39,735,000 | $44.7M | No change |
| MODEL N INC (MODN 1.875 03/15/28) | NOTE 1.875% 3/1 · principal | 46,325,000 | $44.6M | New |
| MITEK SYSTEMS INC (MITK 0.75 02/01/26) | NOTE 0.750% 2/0 · principal | 44,499,000 | $44.4M | Add +15.7% |
| PEGASYSTEMS INC (PEGA 0.75 03/01/25) | NOTE 0.750% 3/0 · principal | 46,045,000 | $44.2M | New |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 46,691,000 | $41.8M | Reduce -9.0% |
| EVENTBRITE INC (EB 5 12/01/25) | NOTE 5.000%12/0 · principal | 39,318,000 | $38.9M | No change |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 29,053,000 | $38.5M | Reduce -57.3% |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 41,770,000 | $38.5M | Add +9.3% |
| IRONWOOD PHARMACEUTICALS (IRWD 1.5 06/15/26) | NOTE 1.500% 6/1 · principal | 37,640,000 | $38.3M | New |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | 42,025,000 | $38.3M | No change |
| EZCORP INC (EZPW 2.375 05/01/25) | NOTE 2.375% 5/0 · principal | 36,846,000 | $36.2M | Add +10.5% |
| ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) | NOTE 4.000% 3/1 · principal | 38,240,000 | $35.9M | New |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 37,357,000 | $35.0M | Add +17.3% |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | 34,750,000 | $34.3M | Add +7.8% |
| LIVEPERSON INC (LPSN 0 12/15/26) | NOTE 12/1 · principal | 86,158,000 | $34.0M | Reduce -4.7% |
| APELLIS PHARMACEUTICALS (APLS 3.5 09/15/26) | NOTE 3.500% 9/1 · principal | 20,767,000 | $33.8M | Add +38.5% |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 22,372,000 | $32.2M | Reduce -49.3% |
| MANNKIND CORP (MNKD 2.5 03/01/26) | NOTE 2.500% 3/0 · principal | 28,781,000 | $32.1M | Add +18.2% |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 37,050,000 | $32.0M | Add +32.3% |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 29,125,000 | $31.0M | Reduce -18.3% |
| PERFICIENT INC (PRFT 0.125 11/15/26) | NOTE 0.125%11/1 · principal | 35,607,000 | $30.7M | Add +54.1% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 35,611,000 | $30.2M | Reduce -71.5% |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | 39,425,000 | $29.9M | Reduce -27.6% |
| Q2 HOLDINGS INC (QTWO 0.125 11/15/25) | NOTE 0.125%11/1 · principal | 32,095,000 | $29.8M | No change |
| CHEGG INC (CHGG 0 09/01/26) | NOTE 9/0 · principal | 34,594,000 | $29.0M | Add +81.7% |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | 29,091,000 | $27.6M | Add +38.5% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 28,700,000 | $27.3M | Add +341.5% |
| CERENCE INC (CRNC 3 06/01/25) | NOTE 3.000% 6/0 · principal | 27,242,000 | $26.5M | No change |
| PAR TECHNOLOGY CORP (PAR 2.875 04/15/26) | NOTE 2.875% 4/1 · principal | 21,325,000 | $26.5M | No change |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 26,280,000 | $25.9M | New |
| INOTIV INC (NOTV 3.25 10/15/27) | NOTE 3.250%10/1 · principal | 40,725,000 | $24.8M | No change |
| ALTAIR ENGINEERING INC (ALTR 1.75 06/15/27) | NOTE 1.750% 6/1 · principal | 17,825,000 | $23.4M | No change |
| MAXEON SOLAR TECH (MAXN 6.5 07/15/25) | NOTE 6.500% 7/1 · principal | 41,095,000 | $22.5M | No change |
| MESA LABORATORIES INC (MLAB 1.375 08/15/25) | NOTE 1.375% 8/1 · principal | 23,566,000 | $22.2M | Add +40.7% |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | 23,472,000 | $22.2M | Reduce -58.1% |
| MARCUS CORPORATION (MCS 5 09/15/25) | NOTE 5.000% 9/1 · principal | 15,000,000 | $21.6M | No change |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 23,190,000 | $21.4M | New |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 27,159,000 | $20.5M | Add +22.2% |
| HUBSPOT INC (HUBS 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 9,000,000 | $20.2M | New |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | 21,274,000 | $19.9M | No change |
| NIO INC (NIO 0.5 02/01/27) | NOTE 0.500% 2/0 · principal | 20,294,000 | $18.5M | Reduce -19.8% |
| LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) | NOTE 1.750% 1/1 · principal | 23,415,000 | $18.4M | No change |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 19,750,000 | $18.4M | Add +245.8% |
| PAGERDUTY INC. (PD 1.25 07/01/25) | NOTE 1.250% 7/0 · principal | 18,987,000 | $18.2M | No change |
| TANDEM DIABETES CARE INC (TNDM 1.5 05/01/25) | NOTE 1.500% 5/0 · principal | 17,874,000 | $17.3M | Add +24.4% |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 17,554,000 | $16.2M | Reduce -70.7% |
| ACCOLADE INC (ACCD 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | 18,083,000 | $16.0M | Add +87.2% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 16,500,000 | $15.8M | New |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 10,896,000 | $15.8M | New |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 18,457,000 | $14.9M | No change |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 14,756,000 | $14.3M | Add +262.3% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 15,000,000 | $13.9M | New |
| PENGUIN SOLUTIONS CAYMEN (PENG 2.25 02/15/26) | NOTE 2.250% 2/1 · principal | 9,583,000 | $13.4M | Add +30.7% |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 300,000 | $13.3M | New |
| RAPID7 INC (RPD 2.25 05/01/25) | NOTE 2.250% 5/0 · principal | 11,740,000 | $12.1M | Reduce -0.2% |
| OIL STATES INTL INC (OIS 4.75 04/01/26) | NOTE 4.750% 4/0 · principal | 12,000,000 | $11.8M | Add +300.0% |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 11,000,000 | $10.7M | Add +83.3% |
| WORKIVA INC (WK 1.125 08/15/26) | NOTE 1.125% 8/1 · principal | 7,300,000 | $8.9M | No change |
| CARDLYTICS INC (CDLX 1 09/15/25) | NOTE 1.000% 9/1 · principal | 9,500,000 | $8.8M | Reduce -81.9% |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 8,895,000 | $8.4M | No change |
| I3 VERTICALS LLC (IIIV 1 02/15/25) | NOTE 1.000% 2/1 · principal | 7,509,000 | $7.3M | Reduce -50.8% |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | 8,050,000 | $6.4M | Reduce -30.3% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 5,900,000 | $6.3M | New |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 7,160,000 | $6.1M | Add +238.5% |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 5,525,000 | $5.3M | No change |
| ENVISTA HOLDINGS CORP (NVST 2.375 06/01/25) | NOTE 2.375% 6/0 · principal | 4,500,000 | $5.2M | No change |
| PROS HOLDINGS INC (PRO 1 05/15/24) | NOTE 1.000% 5/1 · principal | 4,827,000 | $4.7M | No change |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 4,000,000 | $3.7M | New |
| VEECO INSTRUMENTS INC (VECO 3.5 01/15/25) | NOTE 3.500% 1/1 · principal | 2,200,000 | $3.3M | No change |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 3,250,000 | $3.2M | No change |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 2,000,000 | $2.9M | New |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 2,948,000 | $2.7M | New |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 2,500,000 | $2.5M | New |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 2,993,000 | $1.9M | Add +100.5% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 25,000 | $1.5M | New |
| IQIYI INC (IQ 2 04/01/25) | NOTE 2.000% 4/0 · principal | 1,500,000 | $1.2M | No change |
| ALVOW Alvotech SA -27 | *W EXP 99/99/999 | 273,380 | $1.2M | No change |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 1,000,000 | $1.0M | New |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | 835,000 | $776K | New |
| CVIIW Churchill Capital Vii -CW28 | *W EXP 02/29/202 | 1,500,000 | $459K | No change |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 744,543 | $372K | Reduce -25.1% |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 500,000 | $341K | No change |
| MRDB.WS Mariadb PLC-27 | *W EXP 12/16/202 | 3,332,679 | $283K | No change |
| TALKW Hudson Executive Inv -CW25 | *W EXP 06/21/202 | 1,071,902 | $233K | No change |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | 1,000,000 | $190K | Reduce -9.1% |
| PSQH.WS Colombier Acq Class A -CW28 | *W EXP 07/19/202 | 275,024 | $186K | No change |
| SLND.WS Legato Merger Corp. II -CW23 | *W EXP 02/14/202 | 399,999 | $176K | No change |
| SCRMW Screaming Eagle Acq Class A -27 | *W EXP 99/99/999 | 333,332 | $160K | No change |
| GHIXW Gores Holding Ix -CW24 | *W EXP 01/14/202 | 416,665 | $142K | No change |
| KYCHR Keyarch Acquisition Corp.-RT | RIGHT 01/24/2027 | 510,000 | $124K | No change |
| JWSWF Jaws Mustang Acq C -CW26 | *W EXP 01/30/202 | 500,000 | $110K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 450,001 | $89K | No change |
| MRNOW Murano Global BV-28 | *W EXP 03/19/202 | 749,999 | $88K | New |
| TRTWF Tortoiseecofin Acquisit-CW | *W EXP 07/22/202 | 676,515 | $87K | No change |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | 194,210 | $82K | No change |
| GBGWF Global Blue Group Holding AG | *W EXP 08/28/202 | 2,144,522 | $81K | No change |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 600,000 | $78K | No change |
| USARW Inflection Point Acquis-C-28 | *W EXP 08/31/202 | 499,999 | $77K | No change |
| CDROW Codere Online Luxembou -CW | *W EXP 11/23/202 | 157,787 | $75K | No change |
Largest 200 of 290 shown.
Total filed on the 13F, all lines: $12.6B.
Portfolio Sells Q4 2023 → Q1 2024
| GHIX Gores Holding Ix Inc. Class A | Sold out | 0.00% | −9.99 |
| SVIIF Spring Valley Acquisition-A | Sold out | 0.00% | −4.95 |
| ISRLF Israel Acquisitions Corp. Class A | Sold out | 0.00% | −2.03 |
| BE Bloom Energy Corp. Class A | Sold out | 0.00% | −0.88 |
| RIG Transocean Ltd. | Sold out | 0.00% | −0.73 |
| MARX Mars Acquisition Corp. | Sold out | 0.00% | −0.49 |
| TRTLF Tortoiseecofin Acquisition-A | Sold out | 0.00% | −0.24 |
| MRDB Mariadb PLC | Sold out | 0.00% | −0.16 |
| CPTAF Captivision Inc. | Sold out | 0.00% | −0.12 |
| CRGO Freightos Ltd. | Sold out | 0.00% | −0.11 |
| CARDIO DIAGNOSTICS HOLDGS IN | Sold out | 0.00% | −0.09 |
| TVGNW Semper Paratus Acquisition C | Sold out | 0.00% | −0.02 |
| LEAFLY HOLDINGS INC | Reduce -50.0% | 0.00% | −0.01 |
| AIRJW Power & Digital Infrastructu | Sold out | 0.00% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
Notes & Other Activity Q4 2023 → Q1 2024
| MICROSTRATEGY INC (MSTR 0.75 12/15/25) | NOTE 0.750%12/1 · principal | Add +125.7% | 152,976,000 | $656.2M |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Add +6.0% | 293,001,000 | $294.2M |
| MONGODB INC (MDB 0.25 01/15/26) | NOTE 0.250% 1/1 · principal | Add +3.5% | 164,475,000 | $288.2M |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | Add +6.7% | 218,794,000 | $274.9M |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | Reduce -0.6% | 85,900,000 | $244.2M |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Add +55.5% | 267,132,000 | $231.6M |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | Add +28.3% | 263,176,000 | $226.3M |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Add +12.7% | 186,150,000 | $217.9M |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | Add +1.9% | 70,369,000 | $215.2M |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | Add +397.1% | 135,102,000 | $214.4M |
| BILL HOLDINGS INC (BILL 0 12/01/25) | NOTE 12/0 · principal | Sold out | 211,875,000 | $199.3Mbefore exit |
| CYBERARK SOFTWARE LTD (CYBR 0 11/15/24) | NOTE 11/1 · principal | Add +227.2% | 113,152,000 | $192.8M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Add +80.8% | 202,774,000 | $190.3M |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | Add +34.6% | 246,740,000 | $188.0M |
| BILIBILI INC (BILI 1.375 04/01/26) | NOTE 1.375% 4/0 · principal | Sold out | 180,229,000 | $177.8Mbefore exit |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | Reduce -0.3% | 186,591,000 | $176.7M |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | Add +87.3% | 173,875,000 | $170.0M |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Add +20.1% | 145,341,000 | $159.7M |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | Sold out | 136,757,000 | $156.3Mbefore exit |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +335.4% | 159,205,000 | $146.5M |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | Add +12.1% | 187,518,000 | $145.3M |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Add +408.0% | 123,950,000 | $143.3M |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Add +10.1% | 155,426,000 | $142.8M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Add +6.9% | 164,321,000 | $138.0M |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | Add +7.5% | 156,914,000 | $137.8M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | New | 100,423,000 | $137.0M |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Add +1.4% | 145,189,000 | $136.8M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | New | 111,403,000 | $134.0M |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | Add +23.3% | 145,695,000 | $132.1M |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Add +20.5% | 133,278,000 | $124.1M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Reduce -13.0% | 139,645,000 | $119.8M |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | Add +1.9% | 99,876,000 | $115.5M |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | Add +23.5% | 125,174,000 | $114.2M |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | Add +4.5% | 116,669,000 | $111.0M |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | Add +12.9% | 116,135,000 | $110.5M |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | Add +7.5% | 122,501,000 | $110.4M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Add +50.0% | 112,941,000 | $106.3M |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | Add +42.4% | 124,000,000 | $104.0M |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | Add +58.0% | 101,686,000 | $104.0M |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Add +22.3% | 114,462,000 | $103.1M |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | Add +23.1% | 54,368,000 | $101.4M |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | Add +20.5% | 114,460,000 | $100.9M |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | Add +13.8% | 120,807,000 | $100.6M |
| JOYY INC (JOYY 1.375 06/15/26) | NOTE 1.375% 6/1 · principal | Add +4.9% | 99,989,000 | $98.3M |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | Add +9.1% | 120,199,000 | $97.2M |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | New | 76,100,000 | $95.1M |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Add +36.7% | 90,738,000 | $91.4M |
| VARONIS SYSTEM INC (VRNS 1.25 08/15/25) | NOTE 1.250% 8/1 · principal | Add +183.3% | 56,653,000 | $90.3M |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | Add +37.5% | 98,023,000 | $89.9M |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | Add +17.8% | 96,579,000 | $88.9M |
Showing the first 50 of 195.
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 | 245 | $2.3B | GOOG, GOOGL, HOOD, SBXDF, CUB |
| Q1 2026 | 211 | $1.7B | SBXDF, IPCX, CRGY, TVAI, ZKP |
| Q4 2025 | 159 | $1.3B | ZTS, FTW, SBXDF, IPCX, TVAI |
| Q3 2025 | 126 | $1.1B | FTW, NVMI, SBXDF, IPCX, BXP |
| Q2 2025 | 106 | $952.4M | NET, FTW, ARES ACQUISITION CORP II, WEC, CYBR |
| Q1 2025 | 53 | $457.5M | MCHP, FTW, ARES ACQUISITION CORP II, IMSR, SBXDF |
| Q4 2024 | 38 | $303.2M | FTW, ARES ACQUISITION CORP II, SBXDF, DDOG, TONT |
| Q3 2024 | 23 | $174.0M | FTW.U, ARES ACQUISITION CORP II, SBXUF, TONT.U, USAR |
| Q2 2024 | 19 | $106.3M | ARES ACQUISITION CORP II, TONT.U, USAR, NETD, HAYMAKER ACQUISITION CORP 4 |
| Q1 2024 | 25 | $116.4M | ARES ACQUISITION CORP II, PLAOF, SCRM, USAR, NETD |