Linden Advisors LP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Linden Advisors LP reported 19 stock positions worth $106.3 million. Its top holding was Ares Acquisition Corp. II at 22.1% of the portfolio, followed by Graf Global (TONT.U, 14.1%) and USA Rare Earth (USAR, 10.0%). Compared with Q1 2024, it opened 4 new positions and sold out of 10. The biggest buy was a new position in Graf Global (TONT.U) and the biggest sale an exit from Patria Latin American Opport (PLAOF).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001279396
- Portfolio Value
- $106.3M (Q2 2024)
- SEC Filing
- 0000950123-24-008489 ↗ filed Aug 14, 2024
Holdings Value
Holdings 19 stocks · $106.3M
| ARES ACQUISITION CORP II | 22.09% | 2,200,000 | $23.5M | No change |
| TONT.U Graf Global Corp. | 14.12% | 1,500,000 | $15.0M | New |
| USAR USA Rare Earth Inc. filed as INFLECTION PT ACQUISITN CRP | 9.98% | 1,000,000 | $10.6M | No change |
| NETD Nabors Energy Transition C-A | 9.91% | 1,000,000 | $10.5M | No change |
| HAYMAKER ACQUISITION CORP 4 | 8.90% | 900,000 | $9.5M | No change |
| CLBR.U Colombier Acquis Corp. II | 6.37% | 650,000 | $6.8M | No change |
| ALCYF Alchemy Investments Acquisit | 5.05% | 500,000 | $5.4M | No change |
| ANSCU Agriculture & Natural Soluti | 4.90% | 500,000 | $5.2M | No change |
| LEGT.U Legato Merger Corp. III | 4.31% | 450,000 | $4.6M | No change |
| CCIXU Churchill Capital Corp. Ix | 3.81% | 400,000 | $4.0M | New |
| SPKUF Spark I Acquisition Corp. | 3.00% | 300,000 | $3.2M | No change |
| BOWN Bowen Acquisition Corp. | 2.48% | 250,000 | $2.6M | No change |
| MMSI Merit Medical Systems Inc. | 2.10% | 25,918 | $2.2M | New |
| SBXC Silverbox Corp. III-A | 1.50% | 150,000 | $1.6M | No change |
| ESHA Esh Acquisition Corp. Class A | 0.98% | 100,000 | $1.0M | No change |
| SEDG Solaredge Technologies Inc. | 0.38% | 16,147 | $408K | New |
| LONGEVITY HEALTH HLDGS INC filed as CARMELL CORPORATION | 0.08% | 75,000 | $90K | No change |
| ABPWW Atlantic Coastal Aqstn Corp. | 0.04% | 499,999 | $39K | No change |
| LEAFLY HOLDINGS INC | 0.00% | 1,500 | $3K | No change |
Other holdings (272): bonds, preferreds, convertibles and warrants · $11.9B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 288,643,000 | $309.3M | Reduce -1.5% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 301,441,000 | $287.2M | Add +89.3% |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 321,799,000 | $278.3M | Add +22.3% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 314,807,000 | $261.3M | Add +17.9% |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 117,570,000 | $248.7M | New |
| MONGODB INC (MDB 0.25 01/15/26) | NOTE 0.250% 1/1 · principal | 171,975,000 | $226.5M | Add +4.6% |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 123,216,000 | $217.0M | New |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 231,774,000 | $211.0M | Add +14.3% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 261,240,000 | $208.6M | Add +5.9% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 161,550,000 | $208.5M | Reduce -13.2% |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | 72,769,000 | $207.3M | Add +3.4% |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | 152,819,000 | $183.3M | New |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 140,002,000 | $183.2M | Add +3.6% |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 184,375,000 | $180.5M | Add +6.0% |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | 186,291,000 | $177.4M | Reduce -0.2% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 180,052,000 | $157.0M | Add +28.9% |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 140,247,000 | $156.5M | Add +13.2% |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 70,693,000 | $156.4M | Add +30.0% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 158,689,000 | $145.0M | Add +9.3% |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 157,312,000 | $142.1M | Add +0.3% |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 147,934,000 | $141.8M | Reduce -32.4% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 154,126,000 | $141.1M | Reduce -0.8% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 161,424,000 | $136.2M | Reduce -1.8% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 129,590,000 | $133.6M | Reduce -10.8% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 164,518,000 | $130.1M | Reduce -12.3% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 114,176,000 | $126.9M | Add +2.5% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 133,259,000 | $126.2M | Reduce -0.0% |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | 77,540,000 | $120.4M | Add +53.5% |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | 124,001,000 | $114.6M | Add +1.2% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 124,460,000 | $112.4M | Add +8.7% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 118,169,000 | $110.3M | Add +1.3% |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | 97,600,000 | $108.0M | Add +28.3% |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 128,770,000 | $107.5M | Add +3.9% |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 128,307,000 | $107.2M | Add +6.2% |
| VEECO INSTRUMENTS INC (VECO 2.875 06/01/29) | NOTE 2.875% 6/0 · principal | 61,803,000 | $106.8M | New |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 116,135,000 | $106.7M | No change |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 118,712,000 | $105.0M | Add +3.7% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 114,023,000 | $102.3M | Add +16.3% |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 122,117,000 | $101.3M | Add +47.0% |
| CYBERARK SOFTWARE LTD (CYBR 0 11/15/24) | NOTE 11/1 · principal | 58,152,000 | $101.2M | Reduce -48.6% |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 91,860,000 | $97.9M | Reduce -8.0% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 1,985,000 | $97.7M | New |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 105,470,000 | $96.6M | Add +434.0% |
| CANADIAN SOLAR INC (CSIQ 2.5 10/01/25) | NOTE 2.500%10/0 · principal | 101,231,000 | $94.1M | New |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 112,699,000 | $94.0M | Reduce -6.2% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 95,755,000 | $93.3M | New |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 97,600,000 | $93.2M | Add +27.2% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 92,000,000 | $91.8M | New |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 97,896,000 | $88.3M | Add +2.7% |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 90,268,000 | $84.4M | Add +10.1% |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 93,847,000 | $82.5M | Reduce -3.5% |
| CALLAWAY GOLF CO (CALY 2.75 05/01/26) | NOTE 2.750% 5/0 · principal | 72,703,000 | $80.6M | Add +0.2% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 71,280,000 | $79.8M | No change |
| CHEGG INC (CHGG 0.125 03/15/25) | NOTE 0.125% 3/1 · principal | 85,290,000 | $79.8M | Add +72.7% |
| BILIBILI INC (BILI 0.5 12/01/26) | NOTE 0.500%12/0 · principal | 79,596,000 | $77.1M | Reduce -0.3% |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | 81,618,000 | $74.4M | Add +32.0% |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | 76,577,000 | $74.3M | Reduce -1.9% |
| LIVENT CORP (LTHM 4.125 07/15/25) | NOTE 4.125% 7/1 · principal | 62,977,000 | $73.0M | Add +2.0% |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 79,958,000 | $72.6M | Reduce -13.5% |
| NATERA INC (NTRA 2.25 05/01/27) | NOTE 2.250% 5/0 · principal | 25,063,000 | $71.3M | Add +36.6% |
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | 73,748,000 | $71.1M | No change |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 89,700,000 | $70.7M | Add +25.1% |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 70,792,000 | $70.3M | Add +18.4% |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 79,657,000 | $70.0M | Add +2.5% |
| HEALTH CATALYST INC (HCAT 2.5 04/15/25) | NOTE 2.500% 4/1 · principal | 69,990,000 | $68.3M | Reduce -0.7% |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 61,515,000 | $67.8M | New |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 70,020,000 | $67.7M | Add +0.7% |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 82,235,000 | $65.7M | Add +3.1% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 74,900,000 | $65.2M | New |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 81,885,000 | $65.1M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 64,125,000 | $64.6M | Add +18.5% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 74,806,000 | $64.6M | Add +110.1% |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 68,291,000 | $63.2M | Add +9.3% |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | 66,500,000 | $62.9M | Reduce -1.5% |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 19,330,000 | $62.4M | Reduce -77.5% |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 74,865,000 | $62.2M | Add +102.1% |
| EVENTBRITE INC (EB 0.75 09/15/26) | NOTE 0.750% 9/1 · principal | 71,331,000 | $61.3M | Reduce -0.7% |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 65,463,000 | $58.7M | Add +40.2% |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 62,720,000 | $58.6M | No change |
| NATIONAL VISION HOLDINGS (EYE 2.5 05/15/25) | NOTE 2.500% 5/1 · principal | 58,192,000 | $56.2M | Add +6.4% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 50,541,000 | $54.5M | Reduce -55.3% |
| DYNAVAX TECHNOLOGIES (DVAX 2.5 05/15/26) | NOTE 2.500% 5/1 · principal | 43,942,000 | $54.3M | No change |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 51,410,000 | $53.6M | Reduce -2.3% |
| UPWORK INC (UPWK 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 60,244,000 | $53.6M | Add +4.3% |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | 48,900,000 | $51.7M | Add +40.7% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 55,200,000 | $51.6M | Add +92.3% |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | 57,057,000 | $51.6M | Add +1.8% |
| ENVESTNET INC (ENV 0.75 08/15/25) | 0.75 8/15/2025 · principal | 52,713,000 | $51.2M | Add +12.8% |
| OMNICELL INC (OMCL 0.25 09/15/25) | NOTE 0.250% 9/1 · principal | 53,488,000 | $50.4M | Add +1.5% |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | 52,335,000 | $48.9M | Add +6167.7% |
| ENVESTNET INC (ENV 2.625 12/01/27) | NOTE 2.625%12/0 · principal | 44,878,000 | $48.2M | Reduce -20.9% |
| NEOGENOMICS INC (NEO 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 49,111,000 | $47.7M | No change |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | 42,597,000 | $46.9M | Reduce -5.5% |
| MITEK SYSTEMS INC (MITK 0.75 02/01/26) | NOTE 0.750% 2/0 · principal | 48,749,000 | $45.9M | Add +9.6% |
| IQIYI INC (IQ 4 12/15/26) | NOTE 4.000%12/1 · principal | 45,788,000 | $45.4M | No change |
| INFINERA CORP (INFN 2.5 03/01/27) | NOTE 2.500% 3/0 · principal | 44,295,000 | $45.1M | No change |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 38,425,000 | $44.1M | New |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | 55,576,000 | $43.8M | Reduce -8.3% |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | 15,290,000 | $42.2M | No change |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 45,613,000 | $41.6M | Reduce -14.5% |
| VAREX IMAGING CORPORATIO (VREX 4 06/01/25) | NOTE 4.000% 6/0 · principal | 41,132,000 | $41.5M | No change |
| LIVEPERSON INC (LPSN 0 12/15/26) | NOTE 12/1 · principal | 86,158,000 | $40.9M | No change |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 44,987,000 | $40.7M | Add +199.9% |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 44,270,000 | $40.5M | Add +6.0% |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | 43,560,000 | $40.0M | Add +3.6% |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 42,983,000 | $39.0M | Reduce -55.5% |
| ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) | NOTE 4.000% 3/1 · principal | 41,740,000 | $38.7M | Add +9.2% |
| IRONWOOD PHARMACEUTICALS (IRWD 1.5 06/15/26) | NOTE 1.500% 6/1 · principal | 40,743,000 | $38.4M | Add +8.2% |
| EVENTBRITE INC (EB 5 12/01/25) | NOTE 5.000%12/0 · principal | 39,318,000 | $38.2M | No change |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 825,000 | $38.0M | Add +175.0% |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 45,350,000 | $37.2M | Add +95.6% |
| NIO INC (NIO 0.5 02/01/27) | NOTE 0.500% 2/0 · principal | 39,144,000 | $37.2M | Add +92.9% |
| Q2 HOLDINGS INC (QTWO 0.125 11/15/25) | NOTE 0.125%11/1 · principal | 39,595,000 | $37.0M | Add +23.4% |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | 38,479,000 | $36.8M | Add +80.9% |
| EZCORP INC (EZPW 2.375 05/01/25) | NOTE 2.375% 5/0 · principal | 37,227,000 | $36.1M | Add +1.0% |
| MANNKIND CORP (MNKD 2.5 03/01/26) | NOTE 2.500% 3/0 · principal | 28,781,000 | $34.8M | No change |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 37,897,000 | $34.7M | Reduce -69.7% |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 37,357,000 | $34.1M | No change |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 31,040,000 | $32.7M | Reduce -43.5% |
| PAR TECHNOLOGY CORP (PAR 2.875 04/15/26) | NOTE 2.875% 4/1 · principal | 25,110,000 | $32.0M | Add +17.8% |
| PEGASYSTEMS INC (PEGA 0.75 03/01/25) | NOTE 0.750% 3/0 · principal | 33,045,000 | $31.9M | Reduce -28.2% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 26,570,000 | $31.0M | Reduce -62.9% |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 27,438,000 | $30.5M | Reduce -45.0% |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 35,203,000 | $30.0M | Add +391.7% |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 30,730,000 | $29.0M | Add +16.9% |
| ACCOLADE INC (ACCD 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | 32,083,000 | $28.1M | Add +77.4% |
| APELLIS PHARMACEUTICALS (APLS 3.5 09/15/26) | NOTE 3.500% 9/1 · principal | 21,767,000 | $27.4M | Add +4.8% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 28,000,000 | $26.8M | Add +69.7% |
| CERENCE INC (CRNC 3 06/01/25) | NOTE 3.000% 6/0 · principal | 27,242,000 | $25.3M | No change |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 22,125,000 | $22.8M | Reduce -24.0% |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | 23,472,000 | $22.3M | No change |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 15,750,000 | $21.8M | New |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 13,672,000 | $21.2M | Reduce -38.9% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 15,190,000 | $19.0M | Reduce -77.1% |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | 20,151,000 | $19.0M | Reduce -30.7% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 22,670,000 | $18.9M | Reduce -75.1% |
| PAGERDUTY INC. (PD 1.25 07/01/25) | NOTE 1.250% 7/0 · principal | 19,010,000 | $18.3M | Add +0.1% |
| LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) | NOTE 1.750% 1/1 · principal | 23,415,000 | $17.8M | No change |
| OIL STATES INTL INC (OIS 4.75 04/01/26) | NOTE 4.750% 4/0 · principal | 18,500,000 | $17.8M | Add +54.2% |
| TANDEM DIABETES CARE INC (TNDM 1.5 05/01/25) | NOTE 1.500% 5/0 · principal | 17,874,000 | $17.4M | No change |
| INOTIV INC (NOTV 3.25 10/15/27) | NOTE 3.250%10/1 · principal | 40,725,000 | $16.3M | No change |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 17,554,000 | $16.1M | No change |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 16,957,000 | $13.0M | Reduce -8.1% |
| MESA LABORATORIES INC (MLAB 1.375 08/15/25) | NOTE 1.375% 8/1 · principal | 13,429,000 | $12.6M | Reduce -43.0% |
| PENGUIN SOLUTIONS CAYMEN (PENG 2.25 02/15/26) | NOTE 2.250% 2/1 · principal | 9,583,000 | $12.2M | No change |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | 15,925,000 | $12.0M | Reduce -59.6% |
| CORZZ Core Scientific Inc. - 29 | *W EXP 01/23/202 | 1,311,414 | $11.3M | New |
| INFINERA CORP (INFN 3.75 08/01/28) | NOTE 3.750% 8/0 · principal | 9,735,000 | $10.6M | Reduce -75.5% |
| RAPID7 INC (RPD 2.25 05/01/25) | NOTE 2.250% 5/0 · principal | 10,240,000 | $10.2M | Reduce -12.8% |
| WORKIVA INC (WK 1.125 08/15/26) | NOTE 1.125% 8/1 · principal | 7,300,000 | $8.0M | No change |
| I3 VERTICALS LLC (IIIV 1 02/15/25) | NOTE 1.000% 2/1 · principal | 7,509,000 | $7.3M | No change |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 1,466,940 | $6.5M | New |
| EXACT SCIENCES CORP (EXAS 1 01/15/25) | NOTE 1.000% 1/1 · principal | 6,500,000 | $6.3M | New |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 5,900,000 | $5.8M | No change |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 5,000,000 | $5.5M | New |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 3,723,000 | $4.5M | Reduce -89.3% |
| VEECO INSTRUMENTS INC (VECO 3.5 01/15/25) | NOTE 3.500% 1/1 · principal | 2,200,000 | $4.3M | No change |
| ALTAIR ENGINEERING INC (ALTR 1.75 06/15/27) | NOTE 1.750% 6/1 · principal | 2,313,000 | $3.4M | Reduce -87.0% |
| CARDLYTICS INC (CDLX 1 09/15/25) | NOTE 1.000% 9/1 · principal | 3,500,000 | $3.2M | Reduce -63.2% |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 4,243,000 | $2.7M | Add +41.8% |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 2,895,000 | $2.7M | Reduce -67.5% |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 2,948,000 | $2.7M | No change |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 2,241,000 | $2.3M | Reduce -97.5% |
| GLAUKOS CORP (GKOS 2.75 06/15/27) | NOTE 2.750% 6/1 · principal | 678,000 | $1.5M | Reduce -98.3% |
| IQIYI INC (IQ 2 04/01/25) | NOTE 2.000% 4/0 · principal | 1,500,000 | $1.2M | No change |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | 1,167,000 | $1.1M | Reduce -98.8% |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 709,000 | $953K | Reduce -99.3% |
| ALVOW Alvotech SA -27 | *W EXP 99/99/999 | 273,380 | $820K | No change |
| BREAD FINANCIAL HLDGS (BFH 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 475,000 | $633K | New |
| CVIIW Churchill Capital Vii -CW28 | *W EXP 02/29/202 | 1,500,000 | $533K | No change |
| AILWQ Arrowroot Acquisition -CW26 | *W EXP 04/16/202 | 656,250 | $436K | New |
| MRDB.WS Mariadb PLC-27 | *W EXP 12/16/202 | 3,332,679 | $422K | No change |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 744,543 | $274K | No change |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 250,000 | $258K | Reduce -92.3% |
| GBGWF Global Blue Group Holding AG | *W EXP 08/28/202 | 2,144,522 | $172K | No change |
| CDROW Codere Online Luxembou -CW | *W EXP 11/23/202 | 157,787 | $169K | No change |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 111,000 | $159K | Reduce -99.6% |
| SLND.WS Legato Merger Corp. II -CW23 | *W EXP 02/14/202 | 399,999 | $138K | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 123,000 | $137K | Reduce -99.8% |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | 1,000,000 | $130K | No change |
| MRNOW Murano Global BV-28 | *W EXP 03/19/202 | 749,999 | $126K | No change |
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 81,048 | $118K | No change |
| TRTWF Tortoiseecofin Acquisit-CW | *W EXP 07/22/202 | 676,515 | $115K | No change |
| VSEEW Digital Health Acquist-CW23 | *W EXP 99/99/999 | 500,000 | $105K | New |
| PSQH.WS Colombier Acq Class A -CW28 | *W EXP 07/19/202 | 275,024 | $103K | No change |
| TALKW Hudson Executive Inv -CW25 | *W EXP 06/21/202 | 1,071,902 | $99K | No change |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | 299,999 | $97K | No change |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 600,000 | $81K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 450,001 | $79K | No change |
| CRGOW Freightos Ltd.-CW28 | *W EXP 99/99/999 | 487,500 | $64K | No change |
| CRTWF Cartica Acquisition A -28 | *W EXP 04/30/202 | 300,000 | $60K | No change |
| XBPEW CF Acquisition Viii A -CW27 | *W EXP 11/30/202 | 1,040,133 | $57K | No change |
| GRDIW Griid Infrastructure Inc.-28 | *W EXP 12/29/202 | 786,403 | $55K | No change |
| JWSWF Jaws Mustang Acq C -CW26 | *W EXP 01/30/202 | 500,000 | $54K | No change |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 500,000 | $53K | No change |
| USARW Inflection Point Acquis-C-28 | *W EXP 08/31/202 | 499,999 | $49K | No change |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | 194,210 | $49K | No change |
| ALCWF Alchemy Investments Acqui-28 | *W EXP 11/30/202 | 249,999 | $45K | No change |
| GHIXW Gores Holding Ix -CW24 | *W EXP 01/14/202 | 416,665 | $45K | No change |
| EVCOW Everest Consolidator Acquisi | *W EXP 99/99/999 | 199,999 | $41K | No change |
Largest 200 of 272 shown.
Total filed on the 13F, all lines: $12.0B.
Portfolio Sells Q1 2024 → Q2 2024
| PLAOF Patria Latin American Opport | Sold out | 0.00% | −9.70 |
| SCRM Screaming Eagle Acq Class A | Sold out | 0.00% | −9.20 |
| MP MP Materials Corp. | Sold out | 0.00% | −5.15 |
| SWSS Clean Energy Special Situati | Sold out | 0.00% | −1.90 |
| MAXNQ Maxeon Solar Technologie | Sold out | 0.00% | −1.07 |
| RKLB Rocket Lab USA Inc. | Sold out | 0.00% | −0.49 |
| ANDRETTI ACQUISITION CORP | Sold out | 0.00% | −0.19 |
| AILWQ Arrowroot Acquisition Corp. | Sold out | 0.00% | −0.13 |
| VSEEW Digital Health Acquisition C | Sold out | 0.00% | −0.06 |
| ALTERNUS CLEAN ENERGY INC | Sold out | 0.00% | −0.06 |
Portfolio Buys Q1 2024 → Q2 2024
Notes & Other Activity Q1 2024 → Q2 2024
| MICROSTRATEGY INC (MSTR 0.75 12/15/25) | NOTE 0.750%12/1 · principal | Sold out | 152,976,000 | $656.2Mbefore exit |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Reduce -1.5% | 288,643,000 | $309.3M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +89.3% | 301,441,000 | $287.2M |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | Add +22.3% | 321,799,000 | $278.3M |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Add +17.9% | 314,807,000 | $261.3M |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | New | 117,570,000 | $248.7M |
| MONGODB INC (MDB 0.25 01/15/26) | NOTE 0.250% 1/1 · principal | Add +4.6% | 171,975,000 | $226.5M |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | New | 123,216,000 | $217.0M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Add +14.3% | 231,774,000 | $211.0M |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | Add +5.9% | 261,240,000 | $208.6M |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Reduce -13.2% | 161,550,000 | $208.5M |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | Add +3.4% | 72,769,000 | $207.3M |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | New | 152,819,000 | $183.3M |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | Add +3.6% | 140,002,000 | $183.2M |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | Add +6.0% | 184,375,000 | $180.5M |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | Reduce -0.2% | 186,291,000 | $177.4M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Add +28.9% | 180,052,000 | $157.0M |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Add +13.2% | 140,247,000 | $156.5M |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | Add +30.0% | 70,693,000 | $156.4M |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Add +9.3% | 158,689,000 | $145.0M |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | Add +0.3% | 157,312,000 | $142.1M |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | Reduce -32.4% | 147,934,000 | $141.8M |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Reduce -0.8% | 154,126,000 | $141.1M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Reduce -1.8% | 161,424,000 | $136.2M |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Reduce -10.8% | 129,590,000 | $133.6M |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | Sold out | 145,695,000 | $132.1Mbefore exit |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | Reduce -12.3% | 164,518,000 | $130.1M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Add +2.5% | 114,176,000 | $126.9M |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Reduce -0.0% | 133,259,000 | $126.2M |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | Add +53.5% | 77,540,000 | $120.4M |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | Add +1.2% | 124,001,000 | $114.6M |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | Add +8.7% | 124,460,000 | $112.4M |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | Add +1.3% | 118,169,000 | $110.3M |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | Add +28.3% | 97,600,000 | $108.0M |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | Add +3.9% | 128,770,000 | $107.5M |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | Add +6.2% | 128,307,000 | $107.2M |
| VEECO INSTRUMENTS INC (VECO 2.875 06/01/29) | NOTE 2.875% 6/0 · principal | New | 61,803,000 | $106.8M |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Add +3.7% | 118,712,000 | $105.0M |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | Add +16.3% | 114,023,000 | $102.3M |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | Add +47.0% | 122,117,000 | $101.3M |
| CYBERARK SOFTWARE LTD (CYBR 0 11/15/24) | NOTE 11/1 · principal | Reduce -48.6% | 58,152,000 | $101.2M |
| JOYY INC (JOYY 1.375 06/15/26) | NOTE 1.375% 6/1 · principal | Sold out | 99,989,000 | $98.3Mbefore exit |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | Reduce -8.0% | 91,860,000 | $97.9M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | New | 1,985,000 | $97.7M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Add +434.0% | 105,470,000 | $96.6M |
| CANADIAN SOLAR INC (CSIQ 2.5 10/01/25) | NOTE 2.500%10/0 · principal | New | 101,231,000 | $94.1M |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | Reduce -6.2% | 112,699,000 | $94.0M |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | New | 95,755,000 | $93.3M |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | Add +27.2% | 97,600,000 | $93.2M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | New | 92,000,000 | $91.8M |
Showing the first 50 of 190.
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 |