Millennium Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Israel Englander's Millennium Management reported 3,778 stock positions worth $99.5 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 5.3% of the portfolio, followed by Nvidia (NVDA, 1.0%) and Meta Platforms Class A (META, 0.9%). Compared with Q4 2024, it opened 389 new positions, sold out of 505, added to 1,701 and reduced 1,661. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +68%) and the biggest sale Broadcom (AVGO, shares −60%).
- Most Recent 13F
- Q2 2026
- Notable People
- Israel Englander
- Location
- NEW YORK, NY
- CIK
- 0001273087
- Portfolio Value
- $99.5B (Q1 2025)
- SEC Filing
- 0001273087-25-000019 ↗ filed May 15, 2025
Holdings Value
Holdings 3,778 stocks · $99.5B
| IVV iShares Core S&P 500 ETF | 5.25% | 9,308,270 | $5.2B | Add +67.7% |
| NVDA Nvidia Corp. | 1.01% | 9,233,791 | $1.0B | Reduce -7.4% |
| META Meta Platforms Inc. Class A | 0.90% | 1,562,183 | $900.4M | Reduce -38.9% |
| AMZN Amazon.com Inc. | 0.87% | 4,556,903 | $867.0M | Add +5.3% |
| IBIT iShares Bitcoin Trust ETF | 0.83% | 17,587,156 | $823.3M | Reduce -41.1% |
| BSX Boston Scientific Corp. | 0.80% | 8,344,156 | $791.3M | Reduce -8.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.72% | 17,293,229 | $721.6M | Reduce -0.1% |
| MSFT Microsoft Corp. | 0.70% | 1,846,619 | $693.2M | Reduce -28.6% |
| WFC Wells Fargo & Co. | 0.65% | 9,056,742 | $650.2M | Reduce -32.4% |
| LLY Eli Lilly & Co. | 0.56% | 681,013 | $562.5M | Reduce -15.0% |
| SCHW Schwab (charles) Corp. | 0.54% | 6,848,198 | $536.1M | Add +15.3% |
| UNH Unitedhealth Group Inc. | 0.53% | 1,010,168 | $529.1M | Reduce -10.7% |
| GOOGL Alphabet Inc. Class A | 0.53% | 3,411,734 | $527.6M | Add +150.8% |
| FBTC Fidelity Wise Origin Bitcoin | 0.50% | 6,955,712 | $500.6M | Reduce -18.2% |
| AVGO Broadcom Inc. | 0.50% | 2,951,540 | $494.2M | Reduce -59.7% |
| MS Morgan Stanley | 0.49% | 4,209,583 | $491.1M | Add +14.2% |
| COF Capital One Financial Corp. | 0.47% | 2,624,567 | $470.6M | Reduce -19.9% |
| EQIX Equinix Inc. | 0.42% | 516,823 | $421.4M | Add +71.3% |
| AAPL Apple Inc. | 0.42% | 1,890,176 | $419.9M | Add +70.3% |
| LIN Linde PLC | 0.41% | 884,944 | $412.1M | Add +238.7% |
| DHR Danaher Corp. | 0.41% | 1,975,092 | $404.9M | Add +212.0% |
| ISRG Intuitive Surgical Inc. | 0.40% | 796,865 | $394.7M | Add +41.0% |
| MSCI MSCI Inc. | 0.39% | 690,295 | $390.4M | Add +159.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.38% | 816,859 | $383.0M | Add +138.5% |
| MA Mastercard Inc. Class A | 0.38% | 685,965 | $376.0M | Add +21.5% |
| HES Hess Corp. | 0.37% | 2,328,564 | $371.9M | Reduce -3.4% |
| CVE Cenovus Energy Inc. | 0.36% | 25,619,189 | $356.4M | Reduce -13.2% |
| HD Home Depot Inc. | 0.34% | 925,818 | $339.3M | Add +262.1% |
| FHN First Horizon Corp. | 0.32% | 16,501,088 | $320.5M | Reduce -22.5% |
| MRK Merck & Co. Inc. | 0.32% | 3,524,602 | $316.4M | Reduce -1.6% |
| JCI Johnson Controls Internation | 0.31% | 3,853,062 | $308.7M | Add +64.5% |
| FICO Fair Isaac Corp. | 0.30% | 164,418 | $303.2M | Add +51.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 567,246 | $302.1M | Reduce -17.1% |
| CG The Carlyle Group Inc. | 0.30% | 6,891,525 | $300.4M | Add +361.5% |
| INTC Intel Corp. | 0.30% | 13,214,781 | $300.1M | Add +205.0% |
| GOOG Alphabet Inc. Class C | 0.30% | 1,913,216 | $298.9M | Add +0.2% |
| SPGI S&P Global Inc. | 0.30% | 585,490 | $297.5M | Reduce -6.2% |
| NFLX Netflix Inc. | 0.29% | 309,511 | $288.6M | Reduce -56.5% |
| TSLA Tesla Inc. | 0.29% | 1,111,653 | $288.1M | Reduce -43.5% |
| CMA Comerica Inc. | 0.29% | 4,848,298 | $286.3M | Add +105.0% |
| INTU Intuit Inc. | 0.29% | 465,726 | $286.0M | Add +59.6% |
| GILD Gilead Sciences Inc. | 0.29% | 2,538,504 | $284.4M | Add +271.9% |
| DFS Discover Financial Services | 0.28% | 1,651,554 | $281.9M | Reduce -2.5% |
| AMAT Applied Materials Inc. | 0.28% | 1,933,804 | $280.6M | Add +35.1% |
| FE Firstenergy Corp. | 0.28% | 6,916,216 | $279.6M | Add +368.3% |
| KEY Keycorp | 0.27% | 17,057,591 | $272.8M | Add +50.5% |
| EQT Eqt Corp. | 0.27% | 4,973,279 | $265.7M | Add +49.9% |
| ICE Intercontinental Exchange Inc. | 0.27% | 1,539,618 | $265.6M | Reduce -16.9% |
| HDB HDFC Bank Ltd.-ADR | 0.26% | 3,822,519 | $254.0M | Reduce -0.6% |
| TECK Teck Resources Ltd.-CLS B | 0.25% | 6,937,553 | $252.7M | Add +5.7% |
| CVS CVS Health Corp. | 0.25% | 3,728,991 | $252.6M | Reduce -11.0% |
| ANET Arista Networks Inc. | 0.25% | 3,249,958 | $251.8M | Add +43.1% |
| ETR Entergy Corp. | 0.25% | 2,927,005 | $250.2M | Reduce -24.5% |
| EW Edwards Lifesciences Corp. | 0.25% | 3,444,764 | $249.7M | Add +1409.8% |
| LMT Lockheed Martin Corp. | 0.25% | 557,115 | $248.9M | Add +51.9% |
| DTE DTE Energy Company | 0.25% | 1,793,268 | $248.0M | Add +94.9% |
| FNF Fidelity National Financial | 0.25% | 3,764,086 | $245.0M | Add +93.3% |
| SHOP Shopify Inc. Class A | 0.24% | 2,539,108 | $242.4M | Add +124.0% |
| MNST Monster Beverage Corp. | 0.24% | 4,110,984 | $240.6M | Reduce -6.2% |
| BA The Boeing Co. | 0.24% | 1,394,207 | $237.8M | Reduce -22.0% |
| ADBE Adobe Inc. | 0.24% | 618,183 | $237.1M | Add +38.5% |
| LNG Cheniere Energy Inc. | 0.24% | 1,020,797 | $236.2M | Reduce -57.9% |
| RTX RTX Corp. | 0.23% | 1,746,022 | $231.3M | Add +10.4% |
| DY Dycom Industries Inc. | 0.23% | 1,481,394 | $225.7M | Add +3.2% |
| PCG P G & E Corp. | 0.22% | 12,973,268 | $222.9M | Add +3.0% |
| A Agilent Technologies Inc. | 0.22% | 1,904,976 | $222.8M | Add +2.4% |
| TMUS T-Mobile US Inc. | 0.22% | 828,614 | $221.0M | Add +403.9% |
| TEAM Atlassian Corp. Class A | 0.22% | 1,036,192 | $219.9M | Add +62.8% |
| COO The Cooper Cos Inc. | 0.22% | 2,577,416 | $217.4M | Add +37.8% |
| BLK BlackRock Inc. | 0.22% | 227,394 | $215.2M | New |
| AMG Affiliated Managers Group | 0.21% | 1,265,655 | $212.7M | Add +314.3% |
| HON Honeywell International Inc. | 0.21% | 1,003,055 | $212.4M | Reduce -2.7% |
| WMB Williams Cos Inc. | 0.21% | 3,533,111 | $211.1M | Reduce -9.5% |
| BABA Alibaba Group Holding-SP ADR | 0.21% | 1,589,380 | $210.2M | Add +36.8% |
| FAF First American Financial | 0.21% | 3,192,862 | $209.5M | Reduce -26.2% |
| JNJ Johnson & Johnson | 0.21% | 1,254,049 | $208.0M | Reduce -28.2% |
| EXE Expand Energy Corp. | 0.21% | 1,854,791 | $206.5M | Add +77.3% |
| PYPL PayPal Holdings Inc. | 0.20% | 3,055,845 | $199.4M | Add +308.5% |
| GE General Electric filed as GE AEROSPACE | 0.20% | 993,079 | $198.8M | Add +154.8% |
| KKR KKR & Co. Inc. | 0.20% | 1,711,578 | $197.9M | Reduce -28.9% |
| CL Colgate-Palmolive Co. | 0.20% | 2,111,401 | $197.8M | Add +40.5% |
| COR Cencora Inc. | 0.20% | 710,465 | $197.6M | Reduce -19.7% |
| CAH Cardinal Health Inc. | 0.19% | 1,405,989 | $193.7M | Reduce -58.6% |
| NRG NRG Energy Inc. | 0.19% | 2,005,484 | $191.4M | Reduce -18.1% |
| SRE Sempra | 0.19% | 2,680,552 | $191.3M | Add +87.4% |
| DOV Dover Corp. | 0.19% | 1,080,611 | $189.8M | Add +13.4% |
| PFE Pfizer Inc. | 0.19% | 7,459,512 | $189.0M | Add +145.5% |
| IT Gartner Inc. | 0.19% | 447,250 | $187.7M | Add +50.5% |
| XLP SS Consumer Staples Sel Sect | 0.19% | 2,296,961 | $187.6M | Add +173.4% |
| LDOS Leidos Holdings Inc. | 0.19% | 1,377,050 | $185.8M | Add +443.6% |
| USB US Bancorp | 0.19% | 4,362,985 | $184.2M | Add +276.8% |
| K Kellanova | 0.18% | 2,210,417 | $182.3M | Reduce -2.6% |
| JHG Janus Henderson Group PLC | 0.18% | 5,038,026 | $182.1M | Reduce -30.5% |
| WMT Walmart Inc. | 0.18% | 2,062,995 | $181.1M | Reduce -30.5% |
| AZO AutoZone Inc. | 0.18% | 45,971 | $175.3M | Add +52.4% |
| MU Micron Technology Inc. | 0.17% | 1,996,209 | $173.5M | Add +1010.5% |
| PNC PNC Financial Services Group | 0.17% | 986,740 | $173.4M | Add +10.6% |
| BERY Berry Global Group Inc. | 0.17% | 2,478,953 | $173.1M | Add +212.5% |
| XEL Xcel Energy Inc. | 0.17% | 2,418,630 | $171.2M | Add +25.2% |
| AON Aon PLC Class A | 0.17% | 425,678 | $169.9M | Add +540.8% |
Options reported separately and not counted above: IWM puts ($5.1B), QQQ puts ($4.0B), SPY puts ($2.8B), NVDA puts ($2.8B), IWM calls ($2.1B), MSFT puts ($2.1B), AMZN puts ($2.0B), QQQ calls ($1.9B), AAPL puts ($1.8B), META puts ($1.4B), GOOGL puts ($1.3B), AAPL calls ($1.3B), and 1863 more.
Other holdings (134): bonds, preferreds, convertibles and warrants · $3.4B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 155,000,000 | $228.4M | Add +45.5% |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 59,985,000 | $147.5M | No change |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 105,630,000 | $102.0M | Add +43.8% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 102,606,000 | $96.0M | Reduce -16.3% |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 97,000,000 | $94.4M | Add +84.1% |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | 48,647,000 | $85.0M | Add +5.4% |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 82,700,000 | $83.2M | Add +6.2% |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 84,167,000 | $80.7M | Add +82.3% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 69,361,000 | $79.5M | Add +268.6% |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 65,468,000 | $70.1M | Add +0.4% |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 56,250,000 | $64.4M | Add +12.5% |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 61,285,000 | $63.3M | Add +69.5% |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 50,000,000 | $60.3M | No change |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 57,540,000 | $59.7M | Add +35.3% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 51,236,000 | $49.8M | New |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 38,000,000 | $48.9M | Reduce -33.3% |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | 47,000,000 | $48.8M | Add +84.3% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 37,500,000 | $48.2M | Reduce -21.1% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 39,242,000 | $47.8M | Add +227.0% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 48,662,000 | $47.6M | Add +48.9% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 52,500,000 | $46.5M | Add +31.3% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 48,603,000 | $45.3M | New |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 47,303,000 | $43.8M | Reduce -31.7% |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 36,548,000 | $40.2M | No change |
| PARSONS CORP (PSN 0.25 08/15/25) | NOTE 0.250% 8/1 · principal | 30,000,000 | $39.8M | No change |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 27,000,000 | $38.2M | Add +8.0% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 40,000,000 | $37.7M | Reduce -1.2% |
| ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | NOTE 7.500% 8/0 · principal | 36,250,000 | $36.2M | Add +590.5% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 32,950,000 | $35.7M | No change |
| IMAX CORP (IMAX 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | 32,000,000 | $35.6M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 36,550,000 | $34.8M | Add +91.9% |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | 36,500,000 | $34.7M | Reduce -14.1% |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 33,000,000 | $34.7M | New |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 35,000,000 | $34.3M | New |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | 35,400,000 | $34.0M | New |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 14,000,000 | $33.2M | No change |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 35,126,000 | $33.0M | Add +51.9% |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 33,643,000 | $31.9M | Reduce -33.6% |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 26,969,548 | $30.3M | Add +71.0% |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 28,000,000 | $28.1M | Reduce -26.3% |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 28,400,000 | $27.5M | Add +16.4% |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 27,900,000 | $27.4M | Reduce -35.5% |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 36,057,000 | $26.5M | Add +53.1% |
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | 26,544,000 | $26.4M | No change |
| CALLAWAY GOLF CO (CALY 2.75 05/01/26) | NOTE 2.750% 5/0 · principal | 26,800,000 | $26.1M | No change |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 23,500,000 | $25.3M | Reduce -11.3% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 25,000,000 | $24.5M | Reduce -48.2% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 27,984,000 | $24.3M | Add +16.7% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 28,535,000 | $24.3M | Reduce -29.6% |
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | 25,848,000 | $24.2M | Add +72.3% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 23,000,000 | $23.7M | Reduce -23.3% |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 22,000,000 | $23.5M | Add +76.0% |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 23,500,000 | $22.6M | Reduce -17.5% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 23,092,000 | $21.7M | Add +54.0% |
| VARONIS SYSTEM INC (VRNS 1.25 08/15/25) | NOTE 1.250% 8/1 · principal | 15,750,000 | $21.0M | Reduce -12.5% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 20,800,000 | $20.9M | New |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 22,425,000 | $20.8M | Reduce -73.9% |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 14,500,000 | $20.5M | New |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 10,000,000 | $20.4M | New |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 29,000,000 | $20.2M | Reduce -9.4% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 20,699,000 | $20.2M | New |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 20,000,000 | $19.8M | New |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 20,500,000 | $19.5M | New |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 16,000,000 | $19.5M | New |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 19,000,000 | $18.9M | Add +225.0% |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 20,665,000 | $18.8M | Reduce -52.6% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 502,590 | $18.1M | Reduce -1.4% |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 23,433,000 | $17.5M | Reduce -21.7% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 18,473,000 | $17.3M | New |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 17,500,000 | $16.8M | Add +75.0% |
| BURLINGTON STORES INC (BURL 2.25 04/15/25) | NOTE 2.250% 4/1 · principal | 15,010,000 | $16.3M | No change |
| FASTLY INC (FSLY 0 03/15/26) | NOTE 3/1 · principal | 17,000,000 | $16.2M | Reduce -2.9% |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 16,000,000 | $16.0M | Add +28.0% |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 16,500,000 | $15.8M | Reduce -80.5% |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 19,218,000 | $15.3M | Add +284.4% |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | 25,500,000 | $14.8M | New |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 12,500,000 | $14.7M | Add +25.0% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 13,500,000 | $14.2M | Reduce -82.0% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 11,900,000 | $14.0M | New |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 15,878,000 | $14.0M | Add +55.8% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 14,000,000 | $13.8M | Reduce -39.1% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 12,000,000 | $12.8M | No change |
| BOX INC (BOX 0 01/15/26) | NOTE 1/1 · principal | 10,000,000 | $12.4M | No change |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 14,200,000 | $12.3M | Reduce -9.6% |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 12,500,000 | $11.9M | New |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 200,000 | $11.8M | No change |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | 11,700,000 | $11.5M | Add +333.3% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 10,000,000 | $11.4M | New |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 7,500,000 | $10.6M | New |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 11,067,000 | $10.2M | Add +118.4% |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 8,941,000 | $10.0M | Reduce -48.9% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 10,000,000 | $10.0M | New |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 10,000,000 | $9.9M | No change |
| 3D SYSTEMS CORP (DDD 0 11/15/26) | NOTE 11/1 · principal | 10,000,000 | $9.2M | New |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 6,900,000 | $9.2M | New |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | 9,100,000 | $9.0M | Reduce -34.3% |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 6,814,000 | $9.0M | Reduce -66.5% |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 10,188,000 | $8.8M | New |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 9,000,000 | $8.4M | New |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 9,352,000 | $8.2M | New |
| SUNRUN INC (RUN 4 03/01/30) | NOTE 4.000% 3/0 · principal | 11,405,000 | $8.1M | New |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 7,500,000 | $7.4M | New |
| EVENTBRITE INC (EB 0.75 09/15/26) | NOTE 0.750% 9/1 · principal | 7,543,000 | $6.8M | New |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 135,000 | $6.6M | New |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 6,680,000 | $6.6M | Reduce -86.4% |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 147,646 | $6.5M | Reduce -35.1% |
| KOSMOS ENERGY LTD (KOS 3.125 03/15/30) | NOTE 3.125% 3/1 · principal | 8,167,000 | $6.2M | New |
| SABRE GLBL INC (SABHLD 7.32 08/01/26) | NOTE 7.320% 8/0 · principal | 5,121,000 | $5.4M | Reduce -74.1% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 4,800,000 | $5.1M | Reduce -71.8% |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | 5,000,000 | $4.9M | New |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 5,465,000 | $4.6M | Reduce -92.2% |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 5,000,000 | $4.5M | No change |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 3,710,000 | $3.6M | New |
| BILL HOLDINGS INC (BILL 0 12/01/25) | NOTE 12/0 · principal | 3,213,000 | $3.1M | No change |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | 2,692,000 | $2.7M | Reduce -65.0% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 2,500,000 | $2.3M | Reduce -80.0% |
| VERITONE INC (VERI 1.75 11/15/26) | NOTE 1.750%11/1 · principal | 5,250,000 | $2.3M | No change |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 1,500,000 | $1.8M | Reduce -85.0% |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 1,895,000 | $1.7M | New |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 1,500,000 | $1.3M | New |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 10,000,000 | $1.2M | New |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 11,503 | $565K | New |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 300,000 | $366K | Reduce -97.7% |
| DYNAVAX TECHNOLOGIES CORP | DEBT 2.000% 3/1 · principal | 225,000 | $222K | New |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | 200,000 | $166K | New |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | 600,000 | $138K | New |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 100,000 | $110K | Reduce -96.2% |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 562,000 | $55K | No change |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 38,050 | $36K | New |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 32,600 | $27K | New |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | 17,700 | $17K | New |
| YOTAR Yotta Acquisition Corp. - RTS | RIGHT 03/15/2027 | 100,000 | $16K | No change |
| GBBKR Global Blockchain Acq - RTS | RIGHT 05/09/2027 | 45,000 | $4K | No change |
| JQCNR Nuveen Credit Strategies-RTS | RIGHT 04/29/2025 | 88,966 | $3K | New |
Total filed on the 13F, all lines: $103.0B.
Portfolio Sells Q4 2024 → Q1 2025
| AVGO Broadcom Inc. | Reduce -59.7% | 0.50% | −1.02 |
| IWB iShares Russell 1000 ETF | Reduce -94.9% | 0.04% | −0.68 |
| IBIT iShares Bitcoin Trust ETF | Reduce -41.1% | 0.83% | −0.59 |
| META Meta Platforms Inc. Class A | Reduce -38.9% | 0.90% | −0.43 |
| TSLA Tesla Inc. | Reduce -43.5% | 0.29% | −0.42 |
| BMY Bristol-Myers Squibb Co. | Reduce -93.5% | 0.03% | −0.39 |
| APP AppLovin Corp. Class A | Reduce -81.4% | 0.08% | −0.36 |
| COP Conocophillips | Reduce -82.7% | 0.09% | −0.36 |
| MSFT Microsoft Corp. | Reduce -28.6% | 0.70% | −0.28 |
| NFLX Netflix Inc. | Reduce -56.5% | 0.29% | −0.28 |
| JPM JPMorgan Chase & Co. | Reduce -77.9% | 0.09% | −0.27 |
| BP BP PLC-Spons ADR | Reduce -94.1% | 0.02% | −0.27 |
| CRH CRH PLC | Reduce -67.4% | 0.14% | −0.26 |
| NI Nisource Inc. | Reduce -84.3% | 0.06% | −0.25 |
| TTD Trade Desk Inc./the Class A | Reduce -84.6% | 0.02% | −0.25 |
| CSCO Cisco Systems Inc. | Reduce -79.6% | 0.08% | −0.24 |
| IP International Paper Co. | Reduce -99.4% | 0.00% | −0.24 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -87.7% | 0.04% | −0.23 |
| LNG Cheniere Energy Inc. | Reduce -57.9% | 0.24% | −0.23 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.23 |
| LPLA LPL Financial Holdings Inc. | Reduce -86.0% | 0.04% | −0.22 |
| ALL Allstate Corp. | Reduce -95.7% | 0.01% | −0.22 |
| EDR Endeavor Group Hold Class A | Sold out | 0.00% | −0.20 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -56.8% | 0.14% | −0.20 |
| NVDA Nvidia Corp. | Reduce -7.4% | 1.01% | −0.19 |
| DXCM Dexcom Inc. | Reduce -88.7% | 0.02% | −0.19 |
| WFC Wells Fargo & Co. | Reduce -32.4% | 0.65% | −0.19 |
| CNC Centene Corp. | Reduce -60.4% | 0.15% | −0.18 |
| IQV Iqvia Holdings Inc. | Reduce -76.3% | 0.06% | −0.18 |
| EVRG Evergy Inc. | Reduce -85.9% | 0.04% | −0.18 |
| FERG Ferguson Enterprises Inc. | Reduce -71.2% | 0.07% | −0.17 |
| GLNG Golar LNG Ltd. | Reduce -98.8% | 0.00% | −0.17 |
| APTV Aptiv PLC | Reduce -87.5% | 0.03% | −0.17 |
| CAH Cardinal Health Inc. | Reduce -58.6% | 0.19% | −0.16 |
| SHEL Shell PLC-ADR | Reduce -65.0% | 0.14% | −0.16 |
| SNPS Synopsys Inc. | Reduce -79.6% | 0.04% | −0.16 |
| PFGC Performance Food Group Co. | Reduce -89.3% | 0.02% | −0.16 |
| NTR Nutrien Ltd. | Reduce -98.8% | 0.00% | −0.16 |
| DIS The Walt Disney Co. | Reduce -52.8% | 0.13% | −0.15 |
| WM Waste Management Inc. | Reduce -96.9% | 0.01% | −0.15 |
| XYZ Block Inc. | Reduce -60.6% | 0.05% | −0.14 |
| PH Parker Hannifin Corp. | Reduce -93.1% | 0.01% | −0.13 |
| LH Labcorp Holdings Inc. | Reduce -90.4% | 0.02% | −0.13 |
| CME Cme Group Inc. | Reduce -74.3% | 0.06% | −0.13 |
| DG Dollar General Corp. | Reduce -99.2% | 0.00% | −0.12 |
| GMED Globus Medical Inc. Class A | Reduce -99.2% | 0.00% | −0.12 |
| GM General Motors Co. | Reduce -69.0% | 0.05% | −0.12 |
| CNH CNH Industrial NV | Sold out | 0.00% | −0.12 |
| KKR KKR & Co. Inc. | Reduce -28.9% | 0.20% | −0.12 |
| ACI Albertsons Cos Inc. Class A | Reduce -98.0% | 0.00% | −0.12 |
Portfolio Buys Q4 2024 → Q1 2025
| IVV iShares Core S&P 500 ETF | Add +67.7% | 5.25% | +2.33 |
| LIN Linde PLC | Add +238.7% | 0.41% | +0.32 |
| GOOGL Alphabet Inc. Class A | Add +150.8% | 0.53% | +0.30 |
| DHR Danaher Corp. | Add +212.0% | 0.41% | +0.28 |
| HD Home Depot Inc. | Add +262.1% | 0.34% | +0.25 |
| MSCI MSCI Inc. | Add +159.2% | 0.39% | +0.25 |
| EW Edwards Lifesciences Corp. | Add +1409.8% | 0.25% | +0.24 |
| CG The Carlyle Group Inc. | Add +361.5% | 0.30% | +0.23 |
| GILD Gilead Sciences Inc. | Add +271.9% | 0.29% | +0.23 |
| FE Firstenergy Corp. | Add +368.3% | 0.28% | +0.23 |
| QQQ Invesco QQQ Trust Series 1 | Add +138.5% | 0.38% | +0.23 |
| INTC Intel Corp. | Add +205.0% | 0.30% | +0.22 |
| BLK BlackRock Inc. | New | 0.22% | +0.22 |
| TMUS T-Mobile US Inc. | Add +403.9% | 0.22% | +0.19 |
| AAPL Apple Inc. | Add +70.3% | 0.42% | +0.17 |
| EQIX Equinix Inc. | Add +71.3% | 0.42% | +0.17 |
| AMG Affiliated Managers Group | Add +314.3% | 0.21% | +0.16 |
| MU Micron Technology Inc. | Add +1010.5% | 0.17% | +0.16 |
| CMA Comerica Inc. | Add +105.0% | 0.29% | +0.16 |
| YUM Yum! Brands Inc. | Add +11773.4% | 0.16% | +0.16 |
| LDOS Leidos Holdings Inc. | Add +443.6% | 0.19% | +0.15 |
| DTE DTE Energy Company | Add +94.9% | 0.25% | +0.15 |
| AON Aon PLC Class A | Add +540.8% | 0.17% | +0.15 |
| FNF Fidelity National Financial | Add +93.3% | 0.25% | +0.15 |
| SCHW Schwab (charles) Corp. | Add +15.3% | 0.54% | +0.15 |
| JCI Johnson Controls Internation | Add +64.5% | 0.31% | +0.14 |
| PYPL PayPal Holdings Inc. | Add +308.5% | 0.20% | +0.14 |
| BX Blackstone Inc. | Add +4519.6% | 0.15% | +0.14 |
| GE General Electric | Add +154.8% | 0.20% | +0.14 |
| SHOP Shopify Inc. Class A | Add +124.0% | 0.24% | +0.14 |
| USB US Bancorp | Add +276.8% | 0.19% | +0.14 |
| ISRG Intuitive Surgical Inc. | Add +41.0% | 0.40% | +0.13 |
| EQT Eqt Corp. | Add +49.9% | 0.27% | +0.13 |
| XLP SS Consumer Staples Sel Sect | Add +173.4% | 0.19% | +0.13 |
| BERY Berry Global Group Inc. | Add +212.5% | 0.17% | +0.13 |
| TRI Thomson Reuters Corp. | Add +365.6% | 0.16% | +0.13 |
| CPT Camden Property Trust | Add +2103.1% | 0.13% | +0.13 |
| CSX CSX Corp. | Add +378.6% | 0.16% | +0.13 |
| ARGX Argenx SE - ADR | Add +316.9% | 0.16% | +0.12 |
| BECN Beacon Roofing Supply Inc. | Add +342.2% | 0.15% | +0.12 |
| INTU Intuit Inc. | Add +59.6% | 0.29% | +0.12 |
| BABA Alibaba Group Holding-SP ADR | Add +36.8% | 0.21% | +0.12 |
| THC Tenet Healthcare Corp. | Add +201.2% | 0.17% | +0.12 |
| WDAY Workday Inc. Class A | Add +415.1% | 0.15% | +0.12 |
| PFE Pfizer Inc. | Add +145.5% | 0.19% | +0.12 |
| HUM Humana Inc. | Add +294.8% | 0.15% | +0.12 |
| EXE Expand Energy Corp. | Add +77.3% | 0.21% | +0.11 |
| STEP Stepstone Group Inc. Class A | Add +269.8% | 0.16% | +0.11 |
| MA Mastercard Inc. Class A | Add +21.5% | 0.38% | +0.11 |
| FICO Fair Isaac Corp. | Add +51.8% | 0.30% | +0.11 |
Options Activity Q4 2024 → Q1 2025
| IWM iShares Russell 2000 ETF | put | Reduce -0.8% | 25,583,300 | $5.1B |
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -3.9% | 8,457,200 | $4.0B |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -8.3% | 5,064,000 | $2.8B |
| NVDA Nvidia Corp. | put | Reduce -4.9% | 25,496,500 | $2.8B |
| IWM iShares Russell 2000 ETF | call | Reduce -20.4% | 10,732,300 | $2.1B |
| MSFT Microsoft Corp. | put | Add +27.5% | 5,496,700 | $2.1B |
| AMZN Amazon.com Inc. | put | Add +22.6% | 10,513,500 | $2.0B |
| QQQ Invesco QQQ Trust Series 1 | call | Add +26.8% | 3,979,800 | $1.9B |
| AAPL Apple Inc. | put | Reduce -29.4% | 8,209,400 | $1.8B |
| META Meta Platforms Inc. Class A | put | Reduce -19.2% | 2,465,700 | $1.4B |
| GOOGL Alphabet Inc. Class A | put | Add +22.6% | 8,646,800 | $1.3B |
| AAPL Apple Inc. | call | Reduce -12.6% | 5,745,200 | $1.3B |
| NVDA Nvidia Corp. | call | Add +5.3% | 11,306,300 | $1.2B |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Add +81.2% | 14,932,900 | $1.2B |
| TSLA Tesla Inc. | put | Reduce -3.9% | 4,460,300 | $1.2B |
| TSLA Tesla Inc. | call | Add +7.9% | 3,552,100 | $920.6M |
| AMZN Amazon.com Inc. | call | Add +2.6% | 4,771,800 | $907.9M |
| XLE SS Energy Select Sector | put | Reduce -3.0% | 9,446,900 | $882.8M |
| MSFT Microsoft Corp. | call | Add +6.3% | 2,272,400 | $853.0M |
| META Meta Platforms Inc. Class A | call | Reduce -10.3% | 1,478,800 | $852.3M |
| AVGO Broadcom Inc. | put | Reduce -1.9% | 5,074,400 | $849.6M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -46.1% | 1,246,100 | $697.1M |
| CRH CRH PLC | call | New | 100,200 | $671.0M |
| AMD Advanced Micro Devices | put | Add +32.0% | 6,449,500 | $662.6M |
| XLF SS Financial Select Sector | put | Add +12.5% | 12,395,800 | $617.4M |
| EEM iShares MSCI Emerging Market | put | Reduce -36.7% | 12,695,700 | $554.8M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | call | Add +55.3% | 6,490,600 | $512.0M |
| XLF SS Financial Select Sector | call | Add +21.6% | 9,699,100 | $483.1M |
| NFLX Netflix Inc. | put | Reduce -26.9% | 502,300 | $468.4M |
| AVGO Broadcom Inc. | call | Reduce -16.5% | 2,688,900 | $450.2M |
| XOM Exxon Mobil Corp. | put | Reduce -23.7% | 3,529,500 | $419.8M |
| DIA SS SPDR Dow Jones Indus Avg | put | Add +93.8% | 994,000 | $417.4M |
| GOOGL Alphabet Inc. Class A | call | Add +79.5% | 2,678,700 | $414.2M |
| XLY SS Consumer Disc Select Sect | put | Reduce -39.5% | 2,011,700 | $397.2M |
| FXI iShares China Large-Cap ETF | put | Add +81.4% | 11,000,000 | $394.2M |
| BABA Alibaba Group Holding-SP ADR | call | Reduce -16.6% | 2,885,700 | $381.6M |
| GOOG Alphabet Inc. Class C | put | Add +33.6% | 2,433,100 | $380.1M |
| JPM JPMorgan Chase & Co. | put | Reduce -38.0% | 1,455,400 | $357.0M |
| XLU St Sr Utl SL SE SPDR ETF-Usd | put | Add +95.4% | 4,325,500 | $341.1M |
| XLK SS Technology Select Sector | put | Add +46.4% | 1,627,400 | $336.0M |
| BRK.B Berkshire Hathaway Inc. Class B | put | Add +6.0% | 617,700 | $329.0M |
| BAC Bank of America Corp. | put | Reduce -3.9% | 7,772,400 | $324.3M |
| ADBE Adobe Inc. | put | Add +5.4% | 816,600 | $313.2M |
| CVX Chevron Corp. | put | Add +6.9% | 1,852,300 | $309.9M |
| V Visa Inc. Class A | put | Reduce -37.2% | 874,300 | $306.4M |
| COST Costco Wholesale Corp. | put | Add +45.4% | 312,700 | $295.7M |
| XLV SS Health Care Select Sector | put | Add +340.1% | 2,005,100 | $292.8M |
| UBER Uber Technologies Inc. | put | Add +46.8% | 3,782,700 | $275.6M |
| FXI iShares China Large-Cap ETF | call | Add +45.8% | 7,528,700 | $269.8M |
| XBI SS SPDR S&P Biotech ETF | put | Reduce -27.8% | 3,320,100 | $269.3M |
Showing the first 50 of 2,013.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Add +45.5% | 155,000,000 | $228.4M |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | Sold out | 50,086,000 | $103.7Mbefore exit |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Add +43.8% | 105,630,000 | $102.0M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Reduce -16.3% | 102,606,000 | $96.0M |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Add +84.1% | 97,000,000 | $94.4M |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | Add +5.4% | 48,647,000 | $85.0M |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | Add +6.2% | 82,700,000 | $83.2M |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | Add +82.3% | 84,167,000 | $80.7M |
| HUBSPOT INC (HUBS 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | Sold out | 32,519,000 | $80.0Mbefore exit |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Add +268.6% | 69,361,000 | $79.5M |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | Add +0.4% | 65,468,000 | $70.1M |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | Add +12.5% | 56,250,000 | $64.4M |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | Add +69.5% | 61,285,000 | $63.3M |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | Add +35.3% | 57,540,000 | $59.7M |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | Sold out | 50,765,000 | $50.2Mbefore exit |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | New | 51,236,000 | $49.8M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Reduce -33.3% | 38,000,000 | $48.9M |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | Add +84.3% | 47,000,000 | $48.8M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Reduce -21.1% | 37,500,000 | $48.2M |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Add +227.0% | 39,242,000 | $47.8M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +48.9% | 48,662,000 | $47.6M |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | Add +31.3% | 52,500,000 | $46.5M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | New | 48,603,000 | $45.3M |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | Reduce -31.7% | 47,303,000 | $43.8M |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | Add +8.0% | 27,000,000 | $38.2M |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | Reduce -1.2% | 40,000,000 | $37.7M |
| ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | NOTE 7.500% 8/0 · principal | Add +590.5% | 36,250,000 | $36.2M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Add +91.9% | 36,550,000 | $34.8M |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | Reduce -14.1% | 36,500,000 | $34.7M |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | New | 33,000,000 | $34.7M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Sold out | 39,500,000 | $34.6Mbefore exit |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | New | 35,000,000 | $34.3M |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | New | 35,400,000 | $34.0M |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | Sold out | 33,500,000 | $33.3Mbefore exit |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | Add +51.9% | 35,126,000 | $33.0M |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | Reduce -33.6% | 33,643,000 | $31.9M |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Add +71.0% | 26,969,548 | $30.3M |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | Sold out | 28,599,000 | $28.1Mbefore exit |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | Reduce -26.3% | 28,000,000 | $28.1M |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | Add +16.4% | 28,400,000 | $27.5M |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | Reduce -35.5% | 27,900,000 | $27.4M |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Add +53.1% | 36,057,000 | $26.5M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Reduce -11.3% | 23,500,000 | $25.3M |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Reduce -48.2% | 25,000,000 | $24.5M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Add +16.7% | 27,984,000 | $24.3M |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | Reduce -29.6% | 28,535,000 | $24.3M |
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | Add +72.3% | 25,848,000 | $24.2M |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | Reduce -23.3% | 23,000,000 | $23.7M |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Add +76.0% | 22,000,000 | $23.5M |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | Reduce -17.5% | 23,500,000 | $22.6M |
Showing the first 50 of 153.
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 | 3,648 | $142.5B | IVV, SPY, SPCX, NVDA, NSC |
| Q1 2026 | 3,694 | $127.5B | IVV, NVDA, SPYM, NSC, WBD |
| Q4 2025 | 3,923 | $134.7B | IVV, WMT, NVDA, SPY, IBIT |
| Q3 2025 | 3,844 | $122.0B | IVV, NVDA, AAPL, MSFT, IBIT |
| Q2 2025 | 3,799 | $108.0B | IVV, IBIT, NVDA, MSFT, AMZN |
| Q1 2025 | 3,778 | $99.5B | IVV, NVDA, META, AMZN, IBIT |
| Q4 2024 | 3,892 | $111.9B | IVV, AVGO, IBIT, META, NVDA |
| Q3 2024 | 3,901 | $111.3B | SPY, IVV, MSFT, NVDA, SPOT |
| Q2 2024 | 3,767 | $117.2B | IVV, AAPL, AMZN, SPY, NVDA |
| Q1 2024 | 3,942 | $113.8B | SPY, IVV, AMZN, MRK, AAPL |