Nicholas Investment Partners, LP

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Nicholas Investment Partners, LP reported 183 stock positions worth $1.0 billion. Its top holding was BWX Technologies (BWXT) at 3.5% of the portfolio, followed by Embraer SA-Spon ADR (EMBJ, 2.3%) and Evercore Class A (EVR, 2.2%). Compared with Q3 2024, it opened 32 new positions, sold out of 33, added to 64 and reduced 41. The biggest buy was a new position in Rush Street Interactive (RSI) and the biggest sale an exit from Transmedics (TMDX).

Most Recent 13F
Q2 2026
Location
RANCHO SANTA FE, CA
CIK
0001389574
Portfolio Value
$1.0B (Q4 2024)
SEC Filing
0001085146-25-001550 ↗ filed Feb 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $886.1M Q1 2024 Q2 2024: $859.9M Q2 2024 Q3 2024: $978.9M Q3 2024 Q4 2024: $1.0B $1.0B Q4 2024 Q1 2025: $863.4M Q1 2025 Q2 2025: $999.7M Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.6B Q2 2026

Holdings 183 stocks · $1.0B
BWXT BWX Technologies Inc. 3.52% 323,898 $36.1M Add +2.5%
EMBJ Embraer SA-Spon ADR 2.32% 648,085 $23.8M Add +11.0%
EVR Evercore Inc. Class A 2.24% 82,704 $22.9M Add +4.4%
FTAI Ftai Aviation Ltd. 2.20% 156,635 $22.6M Reduce -0.3%
ALAB Astera Labs Inc. 1.93% 149,271 $19.8M Add +55.2%
REVG Rev Group Inc. 1.84% 591,708 $18.9M Reduce -5.9%
MSFT Microsoft Corp. 1.64% 39,895 $16.8M Add +9.0%
AVGO Broadcom Inc. 1.53% 67,744 $15.7M No change
RSI Rush Street Interactive Inc. 1.46% 1,091,091 $15.0M New
ITCI Intra-Cellular Therapies Inc. 1.44% 176,870 $14.8M Add +14.3%
WAL Western Alliance Bancorp 1.42% 174,582 $14.6M Add +12.7%
TFII Tfi International Inc. 1.42% 107,291 $14.5M Add +0.7%
NVDA Nvidia Corp. 1.39% 105,994 $14.2M Reduce -0.8%
AMZN Amazon.com Inc. 1.33% 62,121 $13.6M No change
CORZ Core Scientific Inc. 1.30% 950,534 $13.4M Add +68.2%
SKT Tanger Inc. 1.28% 384,870 $13.1M Reduce -0.5%
ARES Ares Management Corp. Class A 1.25% 72,500 $12.8M No change
SKYW Skywest Inc. 1.24% 126,518 $12.7M Reduce -2.3%
INSM Insmed Inc. 1.23% 182,743 $12.6M Add +80.7%
BOOT Boot Barn Holdings Inc. 1.20% 81,093 $12.3M Add +81.9%
WIX Wix.com Ltd. 1.19% 56,725 $12.2M Add +3.6%
KRNT Kornit Digital Ltd. 1.16% 385,082 $11.9M Add +43.1%
WTFC Wintrust Financial Corp. 1.15% 94,535 $11.8M Add +3.6%
CVX Chevron Corp. 1.15% 81,350 $11.8M No change
XOM Exxon Mobil Corp. 1.11% 105,500 $11.3M No change
DSGX The Descartes Systems Grp 1.10% 99,559 $11.3M Add +3.3%
APPF Appfolio Inc. Class A 1.07% 44,330 $10.9M Reduce -13.2%
MTG Mgic Investment Corp. 1.05% 453,846 $10.8M Reduce -41.7%
IWM iShares Russell 2000 ETF 1.02% 47,331 $10.5M Add +156.6%
MOD Modine Manufacturing Co. 1.02% 89,769 $10.4M Add +4.1%
CLH Clean Harbors Inc. 1.01% 45,090 $10.4M Add +1.9%
ITRI Itron Inc. 0.97% 91,111 $9.9M Add +2.9%
SHAK Shake Shack Inc. Class A 0.97% 76,190 $9.9M New
PIPR Piper Sandler Cos 0.96% 32,916 $9.9M Add +3.2%
PRIM Primoris Services Corp. 0.89% 119,841 $9.2M Add +3.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.89% 15,515 $9.1M No change
TDG Transdigm Group Inc. 0.86% 6,936 $8.8M Reduce -3.9%
GEV GE Vernova Inc. 0.85% 26,530 $8.7M No change
CDNS Cadence Design SYS Inc. 0.85% 28,867 $8.7M No change
PCVX Vaxcyte Inc. 0.80% 100,307 $8.2M Add +22.5%
OSIS Osi Systems Inc. 0.79% 48,299 $8.1M Add +3.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.76% 177,313 $7.8M No change
AAON Aaon Inc. 0.76% 65,908 $7.8M Reduce -11.6%
WT Wisdomtree Inc. 0.74% 726,427 $7.6M Add +4.5%
MIR Mirion Technologies Inc. 0.73% 431,354 $7.5M Reduce -1.6%
WGS Genedx Holdings Corp. 0.73% 97,049 $7.5M Add +40.0%
GS Goldman Sachs Group Inc. 0.73% 13,000 $7.4M No change
MPWR Monolithic Power Systems Inc. 0.72% 12,486 $7.4M Reduce -27.5%
ALKT Alkami Technology Inc. 0.72% 200,013 $7.3M Add +46.8%
BILL Bill Holdings Inc. 0.72% 86,537 $7.3M New
SPSC SPS Commerce Inc. 0.70% 39,239 $7.2M Add +6.8%
VRNA Verona Pharma Ltd. 0.70% 154,814 $7.2M New
SNPS Synopsys Inc. 0.69% 14,549 $7.1M Reduce -4.6%
ARIS WATER SOLUTIONS INC-A 0.68% 290,758 $7.0M Add +6.2%
CCJ Cameco Corp. 0.68% 134,545 $6.9M Add +0.1%
FRPT Freshpet Inc. 0.67% 46,361 $6.9M Add +4.3%
ONTO Onto Innovation Inc. 0.67% 40,966 $6.8M Reduce -26.9%
ISRG Intuitive Surgical Inc. 0.66% 12,932 $6.7M No change
CRNX Crinetics Pharmaceuticals Inc. 0.64% 127,283 $6.5M Add +35.6%
SFM Sprouts Farmers Market Inc. 0.63% 50,660 $6.4M New
IWO iShares Russell 2000 Growth 0.63% 22,291 $6.4M Add +7.3%
XPO Xpo Inc. 0.61% 47,861 $6.3M No change
HQY Healthequity Inc. 0.61% 64,747 $6.2M New
MIRM Mirum Pharmaceuticals Inc. 0.60% 148,843 $6.2M Add +3.0%
EXE Expand Energy Corp. 0.60% 61,500 $6.1M No change
CR Crane Co. 0.59% 39,541 $6.0M Reduce -21.7%
NUVL Nuvalent Inc. Class A 0.58% 76,427 $6.0M Reduce -23.6%
MWA Mueller Water Products Inc. Class A 0.58% 264,267 $5.9M Add +4.2%
KVYO Klaviyo Inc. Class A 0.57% 140,555 $5.8M Add +63.4%
FN Fabrinet 0.56% 26,120 $5.7M Add +27.9%
WFRD Weatherford International PL 0.54% 76,653 $5.5M Reduce -25.8%
PRCT Procept Biorobotics Corp. 0.54% 68,137 $5.5M Add +4.3%
AAPL Apple Inc. 0.51% 20,843 $5.2M Add +6.8%
SG Sweetgreen Inc. Class A 0.51% 162,019 $5.2M Add +26.1%
GATX Gatx Corp. 0.50% 33,136 $5.1M New
ARGX Argenx SE - ADR 0.50% 8,251 $5.1M No change
ESTC Elastic NV 0.49% 50,946 $5.0M New
PLMR Palomar Holdings Inc. 0.49% 47,310 $5.0M Add +4.1%
AXGN Axogen Inc. 0.48% 295,554 $4.9M Add +49.9%
GKOS Glaukos Corp. 0.47% 31,961 $4.8M Add +54.2%
JPM JPMorgan Chase & Co. 0.47% 19,967 $4.8M No change
LMAT Lemaitre Vascular Inc. 0.46% 51,597 $4.8M Add +4.3%
MCW Mister Car Wash Inc. 0.46% 647,270 $4.7M New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.46% 38,947 $4.7M No change
SPG Simon Property Group Inc. 0.46% 27,148 $4.7M No change
VFC VF Corp. 0.45% 214,340 $4.6M New
FSS Federal Signal Corp. 0.45% 49,645 $4.6M Add +4.8%
VERA Vera Therapeutics Inc. 0.44% 106,805 $4.5M Add +49.3%
TSM Taiwan Semiconductor-SP ADR 0.44% 22,644 $4.5M Add +3.3%
CYBR Cyberark Software Ltd./Israel 0.43% 13,329 $4.4M New
LVS Las Vegas Sands Corp. 0.43% 86,127 $4.4M No change
CACI Caci International Inc. Class A 0.42% 10,638 $4.3M Reduce -42.7%
GOOG Alphabet Inc. Class C 0.41% 22,297 $4.2M Add +2.2%
TPG TPG Inc. 0.41% 66,689 $4.2M Add +2.6%
ONON On Holding AG Class A filed as ON HLDG AG 0.41% 76,057 $4.2M No change
VRT Vertiv Holdings Co. Class A 0.40% 36,259 $4.1M No change
LUV Southwest Airlines Co. 0.39% 120,089 $4.0M No change
CRDO Credo Technology Group Holdi 0.39% 59,788 $4.0M New
SPOT Spotify Technology SA 0.38% 8,699 $3.9M Add +703.2%
NOG Northern Oil and Gas Inc. 0.37% 101,581 $3.8M Reduce -8.3%

Show all 183 holdings

Other holdings (37): bonds, preferreds, convertibles and warrants · $102.4M (not counted above)
SecurityClassShares / PrincipalValueChange
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) NOTE 2.250% 8/1 · principal 5,690,000$6.9MNo change
DATADOG INC (DDOG 0.125 06/15/25) NOTE 0.125% 6/1 · principal 3,750,000$5.8MNo change
INSULET CORPORATION (PODD 0.375 09/01/26) NOTE 0.375% 9/0 · principal 3,925,000$5.0MNo change
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal 3,980,000$4.8MNo change
AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) NOTE 3.875% 8/1 · principal 4,800,000$4.7MAdd +26.3%
ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) NOTE 2.250% 4/0 · principal 4,285,000$4.7MNo change
SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) NOTE 0.500% 8/0 · principal 4,250,000$4.6MNo change
CLOUDFLARE INC (NET 0 08/15/26) NOTE 8/1 · principal 4,225,000$4.0MNew
UBER TECHNOLOGIES INC (UBER 0 12/15/25) NOTE 12/1 · principal 4,000,000$4.0MNo change
CYTOKINETICS INC (CYTK 3.5 07/01/27) NOTE 3.500% 7/0 · principal 3,000,000$3.6MNo change
SEMTECH CORP (SMTC 1.625 11/01/27) NOTE 1.625%11/0 · principal 2,000,000$3.5MNo change
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) NOTE 4.000% 5/0 · principal 2,250,000$3.4MNo change
BURLINGTON STORES INC (BURL 1.25 12/15/27) NOTE 1.250%12/1 · principal 2,250,000$3.4MNo change
SOUTHERN CO (SO 3.875 12/15/25) NOTE 3.875%12/1 · principal 3,160,000$3.3MReduce -40.7%
INSMED INC (INSM 0.75 06/01/28) NOTE 0.750% 6/0 · principal 1,500,000$3.3MNo change
BLOCK INC (XYZ 0 05/01/26) NOTE 5/0 · principal 3,500,000$3.2MNo change
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) NOTE 1.250% 5/0 · principal 3,100,000$3.2MNo change
ITRON INC (ITRI 0 03/15/26) NOTE 3/1 · principal 3,015,000$3.1MReduce -28.2%
HCI GROUP INC (HCI 4.75 06/01/42) NOTE 4.750% 6/0 · principal 2,000,000$3.1MNo change
ZSCALER INC. (ZS 0.125 07/01/25) NOTE 0.125% 7/0 · principal 2,470,000$3.1MNo change
SHOPIFY INC (SHOPCN 0.125 11/01/25) NOTE 0.125%11/0 · principal 2,500,000$2.5MNo change
WESTERN DIGITAL CORP (WDC 3 11/15/28) NOTE 3.000%11/1 · principal 1,775,000$2.4MNew
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) NOTE 2.625%12/1 · principal 1,750,000$2.3MNo change
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal 2,250,000$2.1MNew
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) NOTE 1.250% 9/1 · principal 1,880,000$2.1MNo change
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) NOTE 3.625% 6/1 · principal 1,500,000$1.5MNew
REPLIGEN CORP (RGEN 1 12/15/28) NOTE 1.000%12/1 · principal 1,250,000$1.3MNew
PARSONS CORP (PSN 0.25 08/15/25) NOTE 0.250% 8/1 · principal 550,000$1.1MReduce -47.6%
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal 1,000,000$1.1MNew
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal 1,000,000$1.1MReduce -63.0%
COINBASE GLOBAL INC (COIN 0.5 06/01/26) NOTE 0.500% 6/0 · principal 1,000,000$1.0MNew
NCL CORPORATION LTD (NCLH 1.125 02/15/27) NOTE 1.125% 2/1 · principal 1,000,000$1.0MNew
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal 1,000,000$1.0MNew
NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) NOTE 3.625% 4/1 · principal 565,000$661KNo change
PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) NOTE 1.000% 4/1 · principal 250,000$300KNo change
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A · principal 98,440$61KNew
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV · principal 73,455$46KAdd +101.1%

Total filed on the 13F, all lines: $1.1B.

Portfolio Sells Q3 2024 → Q4 2024
TMDX Transmedics Group Inc. Sold out 0.00% −1.40
HALO Halozyme Therapeutics Inc. Reduce -94.6% 0.05% −1.17
MTG Mgic Investment Corp. Reduce -41.7% 1.05% −0.99
MPWR Monolithic Power Systems Inc. Reduce -27.5% 0.72% −0.90
CVCO Cavco Industries Inc. Reduce -90.8% 0.09% −0.89
RRR Red Rock Resorts Inc. Class A Sold out 0.00% −0.69
SHOO Steven Madden Ltd. Sold out 0.00% −0.61
RGEN Repligen Corp. Reduce -87.2% 0.08% −0.59
YOU Clear Secure Inc. Class A Sold out 0.00% −0.58
KEX Kirby Corp. Sold out 0.00% −0.54
CACI Caci International Inc. Class A Reduce -42.7% 0.42% −0.54
BLBD Blue Bird Corp. Sold out 0.00% −0.53
CDNA Caredx Inc. Sold out 0.00% −0.53
ONTO Onto Innovation Inc. Reduce -26.9% 0.67% −0.52
MRUS Merus NV Sold out 0.00% −0.49
NUVL Nuvalent Inc. Class A Reduce -23.6% 0.58% −0.46
PSN Parsons Corp. Sold out 0.00% −0.43
KLAC KLA Corp. Reduce -50.5% 0.26% −0.42
NLY Annaly Capital Management Inc. Reduce -56.4% 0.25% −0.41
XBI SS SPDR S&P Biotech ETF Sold out 0.00% −0.39
IBB iShares Biotechnology ETF Sold out 0.00% −0.39
RXST Rxsight Inc. Sold out 0.00% −0.38
DKS Dick's Sporting Goods Inc. Sold out 0.00% −0.37
RKT Rocket Cos Inc. Class A Sold out 0.00% −0.36
WFRD Weatherford International PL Reduce -25.8% 0.54% −0.36
ASML ASML Holding NV-NY Reg SHS Reduce -61.5% 0.15% −0.34
BCAX Bicara Therapeutics Inc. Sold out 0.00% −0.31
ASTH Astrana Health Inc. Sold out 0.00% −0.28
ADMA Adma Biologics Inc. Reduce -37.5% 0.30% −0.28
RLAY Relay Therapeutics Inc. Sold out 0.00% −0.27
KRYS Krystal Biotech Inc. Reduce -73.0% 0.08% −0.27
UBER Uber Technologies Inc. Sold out 0.00% −0.27
ARCB Arcbest Corp. Sold out 0.00% −0.27
EL Estee Lauder Companies Class A Sold out 0.00% −0.26
HROW Harrow Inc. Reduce -65.7% 0.08% −0.24
MTH Meritage Homes Corp. Sold out 0.00% −0.24
CR Crane Co. Reduce -21.7% 0.59% −0.23
GERN Geron Corp. Sold out 0.00% −0.23
DX Dynex Capital Inc. Reduce -40.1% 0.29% −0.22
ALNY Alnylam Pharmaceuticals Inc. Sold out 0.00% −0.21
TDG Transdigm Group Inc. Reduce -3.9% 0.86% −0.19
VCEL Vericel Corp. Sold out 0.00% −0.17
APPF Appfolio Inc. Class A Reduce -13.2% 1.07% −0.16
ASND Ascendis Pharma A/S Sold out 0.00% −0.13
BAH Booz Allen Hamilton Holdings Reduce -10.4% 0.27% −0.13
SPRY Ars Pharmaceuticals Inc. Reduce -14.8% 0.18% −0.12
XLV SS Health Care Select Sector Sold out 0.00% −0.12
ODFL Old Dominion Freight Line Reduce -17.7% 0.28% −0.12
ARHS Arhaus Inc. Sold out 0.00% −0.11
MDGL Madrigal Pharmaceuticals Inc. Sold out 0.00% −0.11

Portfolio Buys Q3 2024 → Q4 2024
RSI Rush Street Interactive Inc. New 1.46% +1.46
ALAB Astera Labs Inc. Add +55.2% 1.93% +1.42
SHAK Shake Shack Inc. Class A New 0.97% +0.97
BILL Bill Holdings Inc. New 0.72% +0.72
VRNA Verona Pharma Ltd. New 0.70% +0.70
SFM Sprouts Farmers Market Inc. New 0.63% +0.63
CORZ Core Scientific Inc. Add +68.2% 1.30% +0.62
HQY Healthequity Inc. New 0.61% +0.61
IWM iShares Russell 2000 ETF Add +156.6% 1.02% +0.60
GATX Gatx Corp. New 0.50% +0.50
ESTC Elastic NV New 0.49% +0.49
INSM Insmed Inc. Add +80.7% 1.23% +0.48
MCW Mister Car Wash Inc. New 0.46% +0.46
KRNT Kornit Digital Ltd. Add +43.1% 1.16% +0.45
VFC VF Corp. New 0.45% +0.45
BOOT Boot Barn Holdings Inc. Add +81.9% 1.20% +0.44
CYBR Cyberark Software Ltd./Israel New 0.43% +0.43
WGS Genedx Holdings Corp. Add +40.0% 0.73% +0.43
CRDO Credo Technology Group Holdi New 0.39% +0.39
SPOT Spotify Technology SA Add +703.2% 0.38% +0.34
IBIT iShares Bitcoin Trust ETF New 0.31% +0.31
WAY Waystar Holding Corp. New 0.30% +0.30
LOAR Loar Holdings Inc. New 0.30% +0.30
ITCI Intra-Cellular Therapies Inc. Add +14.3% 1.44% +0.29
ALKT Alkami Technology Inc. Add +46.8% 0.72% +0.28
JANX Janux Therapeutics Inc. New 0.27% +0.27
KVYO Klaviyo Inc. Class A Add +63.4% 0.57% +0.26
WIX Wix.com Ltd. Add +3.6% 1.19% +0.25
EMBJ Embraer SA-Spon ADR Add +11.0% 2.32% +0.21
NOW ServiceNow Inc. Add +223.5% 0.29% +0.21
CRM Salesforce Inc. Add +846.3% 0.23% +0.21
PRIM Primoris Services Corp. Add +3.7% 0.89% +0.21
ARIS WATER SOLUTIONS INC-A Add +6.2% 0.68% +0.21
ZS Zscaler Inc. New 0.20% +0.20
MTN Vail Resorts Inc. New 0.20% +0.20
RNAM Avidity Biosciences Inc. New 0.20% +0.20
AXGN Axogen Inc. Add +49.9% 0.48% +0.19
GKOS Glaukos Corp. Add +54.2% 0.47% +0.19
MDB Mongodb Inc. New 0.19% +0.19
EVR Evercore Inc. Class A Add +4.4% 2.24% +0.19
WK Workiva Inc. New 0.19% +0.19
DDOG Datadog Inc. Class A Add +291.9% 0.22% +0.17
XYZ Block Inc. New 0.17% +0.17
CRNX Crinetics Pharmaceuticals Inc. Add +35.6% 0.64% +0.15
WTFC Wintrust Financial Corp. Add +3.6% 1.15% +0.14
VERA Vera Therapeutics Inc. Add +49.3% 0.44% +0.12
TEAM Atlassian Corp. Class A New 0.11% +0.11
MGY Magnolia Oil & Gas Corp. Class A Add +61.4% 0.32% +0.10
DSGX The Descartes Systems Grp Add +3.3% 1.10% +0.09
ANET Arista Networks Inc. New 0.08% +0.08

Notes & Other Activity Q3 2024 → Q4 2024
AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) NOTE 3.875% 8/1 · principal Add +26.3% 4,800,000 $4.7M
MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24) NOTE 0.125%11/1 · principal Sold out 4,650,000 $4.6Mbefore exit
CLOUDFLARE INC (NET 0 08/15/26) NOTE 8/1 · principal New 4,225,000 $4.0M
CYBERARK SOFTWARE LTD (CYBR 0 11/15/24) NOTE 11/1 · principal Sold out 2,100,000 $3.9Mbefore exit
SOUTHERN CO (SO 3.875 12/15/25) NOTE 3.875%12/1 · principal Reduce -40.7% 3,160,000 $3.3M
ITRON INC (ITRI 0 03/15/26) NOTE 3/1 · principal Reduce -28.2% 3,015,000 $3.1M
WESTERN DIGITAL CORP (WDC 3 11/15/28) NOTE 3.000%11/1 · principal New 1,775,000 $2.4M
MONGODB INC (MDB 0.25 01/15/26) NOTE 0.250% 1/1 · principal Sold out 1,700,000 $2.3Mbefore exit
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal New 2,250,000 $2.1M
FIVE9 INC (FIVN 0.5 06/01/25) NOTE 0.500% 6/0 · principal Sold out 1,800,000 $1.7Mbefore exit
GREEN PLAINS INC (GPRE 2.25 03/15/27) NOTE 2.250% 3/1 · principal Sold out 1,925,000 $1.7Mbefore exit
BLOOM ENERGY CORP (BE 3 06/01/28) NOTE 3.000% 6/0 · principal Sold out 1,800,000 $1.7Mbefore exit
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) NOTE 3.625% 6/1 · principal New 1,500,000 $1.5M
REPLIGEN CORP (RGEN 1 12/15/28) NOTE 1.000%12/1 · principal New 1,250,000 $1.3M
PARSONS CORP (PSN 0.25 08/15/25) NOTE 0.250% 8/1 · principal Reduce -47.6% 550,000 $1.1M
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal New 1,000,000 $1.1M
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal Reduce -63.0% 1,000,000 $1.1M
COINBASE GLOBAL INC (COIN 0.5 06/01/26) NOTE 0.500% 6/0 · principal New 1,000,000 $1.0M
NCL CORPORATION LTD (NCLH 1.125 02/15/27) NOTE 1.125% 2/1 · principal New 1,000,000 $1.0M
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal New 1,000,000 $1.0M
NATERA INC (NTRA 2.25 05/01/27) NOTE 2.250% 5/0 · principal Sold out 250,000 $827Kbefore exit
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A · principal New 98,440 $61K
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV · principal Add +101.1% 73,455 $46K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 175$1.6BBWXT, RVMD, CALY, MOD, CRS
Q1 2026 178$1.2BBWXT, INSM, KTOS, GEV, RVMD
Q4 2025 177$1.2BBWXT, INSM, KTOS, EMBJ, RVMD
Q3 2025 181$1.1BBWXT, KTOS, RSI, INSM, EMBJ
Q2 2025 183$999.7MBWXT, EMBJ, RSI, REVG, INSM
Q1 2025 166$863.4MEMBJ, BWXT, REVG, RSI, INSM
Q4 2024 183$1.0BBWXT, EMBJ, EVR, FTAI, ALAB
Q3 2024 184$978.9MBWXT, FTAI, EMBJ, EVR, MTG
Q2 2024 157$859.9MMPWR, BWXT, WFRD, NVDA, REVG
Q1 2024 168$886.1MBWXT, MPWR, XOM, EVR, LSCC