Nicholas Investment Partners, LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Nicholas Investment Partners, LP reported 178 stock positions worth $1.2 billion. Its top holding was BWX Technologies (BWXT) at 4.4% of the portfolio, followed by Insmed (INSM, 2.4%) and Kratos Defense & Security (KTOS, 2.3%). Compared with Q4 2025, it opened 30 new positions, sold out of 29, added to 48 and reduced 73. The biggest buy was a new position in Sterling Infrastructure (STRL) and the biggest sale Abercrombie & Fitch Class A (ANF, shares −84%).
- Most Recent 13F
- Q2 2026
- Location
- RANCHO SANTA FE, CA
- CIK
- 0001389574
- Portfolio Value
- $1.2B (Q1 2026)
- SEC Filing
- 0001389574-26-000002 ↗ filed May 15, 2026
Holdings Value
Holdings 178 stocks · $1.2B
| BWXT BWX Technologies Inc. | 4.39% | 261,867 | $53.5M | Add +0.4% |
| INSM Insmed Inc. | 2.45% | 182,540 | $29.8M | Add +1.2% |
| KTOS Kratos Defense & Security | 2.26% | 390,924 | $27.6M | Reduce -0.3% |
| GEV GE Vernova Inc. | 2.17% | 30,410 | $26.5M | No change |
| RVMD Revolution Medicines Inc. | 2.08% | 261,166 | $25.4M | Reduce -17.8% |
| EMBJ Embraer SA-Spon ADR | 2.08% | 427,288 | $25.4M | Reduce -0.4% |
| MOD Modine Manufacturing Co. | 1.88% | 106,134 | $23.0M | Add +51.5% |
| BBIO Bridgebio Pharma Inc. | 1.82% | 298,909 | $22.2M | Add +5.0% |
| NVDA Nvidia Corp. | 1.69% | 118,347 | $20.6M | Reduce -2.9% |
| STRL Sterling Infrastructure Inc. | 1.66% | 49,688 | $20.2M | New |
| CCJ Cameco Corp. | 1.54% | 173,449 | $18.8M | No change |
| LINC Lincoln Educational Services | 1.53% | 459,509 | $18.7M | New |
| XOM Exxon Mobil Corp. | 1.47% | 105,500 | $17.9M | No change |
| CENX Century Aluminum Company | 1.41% | 292,402 | $17.2M | Add +0.5% |
| CRS Carpenter Technology | 1.35% | 41,756 | $16.5M | Reduce -0.1% |
| NUVL Nuvalent Inc. Class A | 1.34% | 159,721 | $16.4M | Reduce -0.5% |
| WTFC Wintrust Financial Corp. | 1.33% | 116,841 | $16.2M | Reduce -0.6% |
| AVGO Broadcom Inc. | 1.33% | 52,405 | $16.2M | Reduce -23.8% |
| PARR Par Pacific Holdings Inc. | 1.29% | 250,787 | $15.7M | Reduce -24.8% |
| CALY Callaway Golf Company | 1.28% | 1,125,984 | $15.6M | New |
| FTAI Ftai Aviation Ltd. | 1.26% | 62,674 | $15.4M | Add +1.4% |
| BE Bloom Energy Corp. Class A | 1.24% | 111,549 | $15.1M | Reduce -0.5% |
| AMZN Amazon.com Inc. | 1.20% | 70,348 | $14.7M | Add +1.5% |
| TFII Tfi International Inc. filed as TRANSFORCE INC | 1.19% | 133,620 | $14.5M | Add +55.4% |
| XENE Xenon Pharmaceuticals Inc. | 1.18% | 247,101 | $14.4M | Add +1.7% |
| SKT Tanger Inc. | 1.14% | 408,826 | $13.9M | Reduce -9.3% |
| TSM Taiwan Semiconductor-SP ADR | 1.14% | 41,062 | $13.9M | Add +9.0% |
| AXSM Axsome Therapeutics Inc. | 1.13% | 81,478 | $13.8M | Reduce -11.0% |
| MPWR Monolithic Power Systems Inc. | 1.08% | 12,029 | $13.2M | Add +1.0% |
| LSCC Lattice Semiconductor Corp. | 1.07% | 140,631 | $13.0M | Reduce -7.1% |
| AEIS Advanced Energy Industries | 1.07% | 40,359 | $13.0M | New |
| SPHR Sphere Entertainment Co. | 1.05% | 108,750 | $12.8M | Reduce -0.6% |
| XPO Xpo Inc. | 1.01% | 63,679 | $12.4M | No change |
| MIRM Mirum Pharmaceuticals Inc. | 0.99% | 131,303 | $12.1M | Reduce -38.5% |
| RSI Rush Street Interactive Inc. | 0.97% | 542,656 | $11.8M | Reduce -6.5% |
| FN Fabrinet | 0.93% | 21,815 | $11.4M | Reduce -21.2% |
| APGE Apogee Therapeutics Inc. | 0.90% | 130,992 | $11.0M | Add +16.0% |
| RKLB Rocket Lab Corp. | 0.90% | 171,517 | $11.0M | Reduce -7.2% |
| GS Goldman Sachs Group Inc. | 0.90% | 13,000 | $11.0M | No change |
| MTSI Macom Technology Solutions H | 0.90% | 49,523 | $11.0M | Reduce -24.1% |
| ROAD Construction Partners Inc. Class A | 0.88% | 97,032 | $10.8M | Add +4.2% |
| ABVX Abivax SA-ADR | 0.82% | 90,206 | $10.0M | Add +8.6% |
| POWL Powell Industries Inc. | 0.82% | 18,520 | $10.0M | Add +0.1% |
| PL Planet Labs PBC | 0.77% | 337,923 | $9.4M | Reduce -19.7% |
| SITM Sitime Corp. | 0.76% | 26,792 | $9.3M | Add +32.8% |
| SPG Simon Property Group Inc. | 0.75% | 49,290 | $9.2M | No change |
| MSFT Microsoft Corp. | 0.74% | 24,364 | $9.0M | Reduce -29.3% |
| WMB Williams Cos Inc. | 0.73% | 123,075 | $9.0M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.71% | 177,313 | $8.6M | Reduce -17.6% |
| OSIS Osi Systems Inc. | 0.69% | 31,553 | $8.4M | Reduce -35.1% |
| GOOG Alphabet Inc. Class C | 0.68% | 28,952 | $8.3M | Add +20.4% |
| CVX Chevron Corp. | 0.68% | 40,000 | $8.3M | No change |
| IDYA Ideaya Biosciences Inc. | 0.68% | 248,202 | $8.3M | Add +29.0% |
| COP Conocophillips | 0.68% | 62,500 | $8.3M | Add +212.5% |
| KLAC KLA Corp. | 0.67% | 5,539 | $8.2M | Add +33.1% |
| ROIV Roivant Sciences Ltd. | 0.63% | 278,425 | $7.7M | Reduce -0.5% |
| NVMI Nova Ltd. | 0.63% | 17,739 | $7.7M | Reduce -10.5% |
| PIPR Piper Sandler Cos | 0.62% | 98,323 | $7.5M | Reduce -47.6% |
| NXT Nextpower Inc. | 0.60% | 60,683 | $7.3M | New |
| TSLA Tesla Inc. | 0.60% | 19,598 | $7.3M | Add +1.9% |
| ELVN Enliven Therapeutics Inc. | 0.59% | 182,728 | $7.2M | New |
| SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD | 0.53% | 191,164 | $6.5M | Reduce -54.7% |
| CRDO Credo Technology Group Holdi | 0.52% | 66,969 | $6.3M | Add +1.9% |
| VIAV Viavi Solutions Inc. | 0.51% | 187,375 | $6.2M | Add +50.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.51% | 38,947 | $6.2M | No change |
| SBCF Seacoast Banking Corp. | 0.51% | 205,011 | $6.2M | Reduce -0.6% |
| ASND Ascendis Pharma A/S | 0.50% | 26,867 | $6.1M | Add +328.8% |
| AGX Argan Inc. | 0.50% | 11,262 | $6.1M | New |
| JPM JPMorgan Chase & Co. | 0.48% | 19,967 | $5.9M | No change |
| ONTO Onto Innovation Inc. | 0.48% | 28,543 | $5.9M | Add +18.5% |
| SKYW Skywest Inc. | 0.47% | 62,870 | $5.8M | Reduce -45.4% |
| SMTC Semtech Corp. | 0.46% | 72,321 | $5.6M | Add +12.3% |
| CHEF The Chefs' Warehouse Inc. | 0.44% | 90,904 | $5.4M | New |
| CR Crane Co. | 0.43% | 30,819 | $5.3M | Reduce -0.6% |
| LRCX Lam Research Corp. | 0.43% | 24,537 | $5.2M | Add +112.5% |
| GAP The Gap Inc. | 0.41% | 208,656 | $5.0M | Add +271.2% |
| MP MP Materials Corp. | 0.41% | 103,045 | $5.0M | New |
| MWH Solv Energy Inc. Class A | 0.40% | 164,049 | $4.9M | New |
| IDCC Interdigital Inc. | 0.40% | 16,237 | $4.9M | New |
| ORA Ormat Technologies Inc. | 0.40% | 43,560 | $4.9M | Reduce -0.5% |
| TDG Transdigm Group Inc. | 0.39% | 4,068 | $4.7M | No change |
| DAL Delta Air Lines Inc. | 0.38% | 70,000 | $4.7M | New |
| EXE Expand Energy Corp. | 0.38% | 42,243 | $4.6M | No change |
| BOOT Boot Barn Holdings Inc. | 0.38% | 31,597 | $4.6M | Reduce -27.8% |
| CYTK Cytokinetics Inc. | 0.38% | 69,845 | $4.6M | Reduce -0.6% |
| C Citigroup Inc. | 0.37% | 40,000 | $4.5M | No change |
| AAOI Applied Optoelectronics Inc. | 0.37% | 52,988 | $4.5M | New |
| SAIA Saia Inc. | 0.36% | 12,610 | $4.4M | Add +468.5% |
| RMBS Rambus Inc. | 0.36% | 50,851 | $4.4M | Add +6.4% |
| CDNS Cadence Design SYS Inc. | 0.36% | 15,603 | $4.3M | Reduce -37.3% |
| U Unity Software Inc. | 0.35% | 196,073 | $4.3M | New |
| DNTH Dianthus Therapeutics Inc. | 0.35% | 51,250 | $4.3M | New |
| CW Curtiss-Wright Corp. | 0.35% | 6,194 | $4.2M | No change |
| UTHR United Therapeutics Corp. | 0.34% | 7,096 | $4.2M | Add +55.9% |
| SRRK Scholar Rock Holding Corp. | 0.33% | 82,511 | $4.1M | New |
| NAMS Newamsterdam Pharma Co. NV | 0.33% | 125,136 | $4.0M | Reduce -41.4% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.32% | 2,946 | $3.9M | Add +56.9% |
| NTRA Natera Inc. | 0.32% | 19,353 | $3.9M | No change |
| VERA Vera Therapeutics Inc. | 0.32% | 95,932 | $3.9M | Reduce -33.8% |
| GATX Gatx Corp. | 0.32% | 22,601 | $3.9M | Reduce -0.6% |
Other holdings (27): bonds, preferreds, convertibles and warrants · $147.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 10,245,000 | $14.2M | Add +20.6% |
| BRIDGEBIO PHARMA INC (BBIO 1.75 03/01/31) | NOTE 1.750% 3/0 · principal | 6,000,000 | $10.2M | New |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 8,300,000 | $10.2M | Add +23.9% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 2,070,000 | $9.8M | Reduce -57.6% |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 6,035,000 | $8.9M | No change |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 6,450,000 | $8.3M | Add +63.3% |
| GUARDANT HEALTH INC (GH 1.25 02/15/31) | DEBT 1.250% 2/1 · principal | 4,955,000 | $8.3M | No change |
| MACOM TECH SOLUTIONS (MTSI 0 12/15/29) | NOTE 12/1 · principal | 5,400,000 | $7.9M | New |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 6,090,000 | $7.3M | No change |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 5,220,000 | $7.2M | No change |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | 7,600,000 | $7.1M | Add +49.0% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 5,690,000 | $6.6M | No change |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | 6,900,000 | $6.2M | Add +16.9% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 815,000 | $5.8M | Reduce -36.1% |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 1,950,000 | $5.8M | Reduce -13.3% |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 3,000,000 | $5.0M | No change |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 3,250,000 | $4.6M | No change |
| UNITY SOFTWARE INC (U 0 03/15/30) | NOTE 3/1 · principal | 3,325,000 | $3.3M | New |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 3,000,000 | $3.0M | No change |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | 1,535,000 | $2.4M | Reduce -31.8% |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | 2,250,000 | $2.2M | Reduce -18.2% |
| IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | 1,900,000 | $1.7M | No change |
| CENTRUS ENERGY CORP (LEU 2.25 11/01/30) | NOTE 2.250%11/0 · principal | 540,000 | $1.1M | No change |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A · principal | 179,250 | $116K | Add +25.1% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG · principal | 50,860 | $29K | No change |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D · principal | 47,950 | $22K | New |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD · principal | 22,000 | $12K | No change |
Total filed on the 13F, all lines: $1.4B.
Portfolio Sells Q4 2025 → Q1 2026
| ANF Abercrombie & Fitch Co. Class A | Reduce -84.1% | 0.15% | −1.20 |
| MIR Mirion Technologies Inc. | Reduce -92.3% | 0.08% | −1.17 |
| WING Wingstop Inc. | Sold out | 0.00% | −1.16 |
| SHOO Steven Madden Ltd. | Reduce -54.7% | 0.53% | −0.92 |
| NCLH Norwegian Cruise Line Holdin | Sold out | 0.00% | −0.85 |
| HAPN Happen Inc. | Reduce -62.4% | 0.31% | −0.80 |
| APPF Appfolio Inc. Class A | Sold out | 0.00% | −0.76 |
| GH Guardant Health Inc. | Reduce -88.0% | 0.09% | −0.74 |
| PIPR Piper Sandler Cos | Reduce -47.6% | 0.62% | −0.70 |
| WAL Western Alliance Bancorp | Reduce -84.2% | 0.10% | −0.65 |
| AVGO Broadcom Inc. | Reduce -23.8% | 1.33% | −0.64 |
| MSFT Microsoft Corp. | Reduce -29.3% | 0.74% | −0.64 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.49 |
| SKYW Skywest Inc. | Reduce -45.4% | 0.47% | −0.48 |
| TERN Terns Pharmaceuticals Inc. | Reduce -84.8% | 0.11% | −0.45 |
| LEU Centrus Energy Corp. Class A | Sold out | 0.00% | −0.41 |
| RCUS Arcus Biosciences Inc. | Sold out | 0.00% | −0.40 |
| MIRM Mirum Pharmaceuticals Inc. | Reduce -38.5% | 0.99% | −0.40 |
| ARGX Argenx SE - ADR | Reduce -64.9% | 0.17% | −0.40 |
| IWO iShares Russell 2000 Growth | Reduce -84.8% | 0.07% | −0.39 |
| WWW Wolverine World Wide Inc. | Sold out | 0.00% | −0.39 |
| CWK Cushman & Wakefield Ltd. | Sold out | 0.00% | −0.38 |
| ALAB Astera Labs Inc. | Reduce -40.1% | 0.24% | −0.38 |
| ZETA Zeta Global Holdings Corp. Class A | Sold out | 0.00% | −0.38 |
| SNOW Snowflake Inc. | Reduce -91.9% | 0.02% | −0.35 |
| ARES Ares Management Corp. Class A | Sold out | 0.00% | −0.34 |
| OSIS Osi Systems Inc. | Reduce -35.1% | 0.69% | −0.34 |
| SPOT Spotify Technology SA | Reduce -70.3% | 0.11% | −0.34 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -91.2% | 0.03% | −0.33 |
| IRON Disc Medicine Inc. | Sold out | 0.00% | −0.32 |
| RYTM Rhythm Pharmaceuticals Inc. | Sold out | 0.00% | −0.31 |
| GTLS Chart Industries Inc. | Sold out | 0.00% | −0.29 |
| NAMS Newamsterdam Pharma Co. NV | Reduce -41.4% | 0.33% | −0.29 |
| VERA Vera Therapeutics Inc. | Reduce -33.8% | 0.32% | −0.29 |
| CDNS Cadence Design SYS Inc. | Reduce -37.3% | 0.36% | −0.29 |
| BAC Bank of America Corp. | Reduce -17.6% | 0.71% | −0.27 |
| BOOT Boot Barn Holdings Inc. | Reduce -27.8% | 0.38% | −0.26 |
| AXSM Axsome Therapeutics Inc. | Reduce -11.0% | 1.13% | −0.26 |
| REVG Rev Group Inc. | Sold out | 0.00% | −0.25 |
| EMBJ Embraer SA-Spon ADR | Reduce -0.4% | 2.08% | −0.21 |
| KTOS Kratos Defense & Security | Reduce -0.3% | 2.26% | −0.20 |
| WYNN WYNN Resorts Ltd. | Sold out | 0.00% | −0.20 |
| NVDA Nvidia Corp. | Reduce -2.9% | 1.69% | −0.19 |
| SNPS Synopsys Inc. | Reduce -28.6% | 0.27% | −0.19 |
| KYMR Kymera Therapeutics Inc. | Reduce -51.0% | 0.19% | −0.17 |
| UEC Uranium Energy Corp. | Reduce -48.5% | 0.25% | −0.17 |
| FULC Fulcrum Therapeutics Inc. | Sold out | 0.00% | −0.17 |
| RKLB Rocket Lab Corp. | Reduce -7.2% | 0.90% | −0.16 |
| COGT Cogent Biosciences Inc. | Reduce -37.0% | 0.30% | −0.14 |
| HCI Hci Group Inc. | Reduce -37.2% | 0.14% | −0.14 |
Portfolio Buys Q4 2025 → Q1 2026
| STRL Sterling Infrastructure Inc. | New | 1.66% | +1.66 |
| LINC Lincoln Educational Services | New | 1.53% | +1.53 |
| CALY Callaway Golf Company | New | 1.28% | +1.28 |
| MOD Modine Manufacturing Co. | Add +51.5% | 1.88% | +1.11 |
| AEIS Advanced Energy Industries | New | 1.07% | +1.07 |
| BWXT BWX Technologies Inc. | Add +0.4% | 4.39% | +0.66 |
| NXT Nextpower Inc. | New | 0.60% | +0.60 |
| ELVN Enliven Therapeutics Inc. | New | 0.59% | +0.59 |
| COP Conocophillips | Add +212.5% | 0.68% | +0.52 |
| AGX Argan Inc. | New | 0.50% | +0.50 |
| CENX Century Aluminum Company | Add +0.5% | 1.41% | +0.46 |
| TFII Tfi International Inc. | Add +55.4% | 1.19% | +0.45 |
| CHEF The Chefs' Warehouse Inc. | New | 0.44% | +0.44 |
| MP MP Materials Corp. | New | 0.41% | +0.41 |
| MWH Solv Energy Inc. Class A | New | 0.40% | +0.40 |
| IDCC Interdigital Inc. | New | 0.40% | +0.40 |
| ASND Ascendis Pharma A/S | Add +328.8% | 0.50% | +0.39 |
| DAL Delta Air Lines Inc. | New | 0.38% | +0.38 |
| AAOI Applied Optoelectronics Inc. | New | 0.37% | +0.37 |
| DNTH Dianthus Therapeutics Inc. | New | 0.35% | +0.35 |
| U Unity Software Inc. | New | 0.35% | +0.35 |
| POWL Powell Industries Inc. | Add +0.1% | 0.82% | +0.33 |
| SRRK Scholar Rock Holding Corp. | New | 0.33% | +0.33 |
| VIAV Viavi Solutions Inc. | Add +50.8% | 0.51% | +0.33 |
| DSGX The Descartes Systems Grp | New | 0.31% | +0.31 |
| SAIA Saia Inc. | Add +468.5% | 0.36% | +0.30 |
| GAP The Gap Inc. | Add +271.2% | 0.41% | +0.29 |
| OFRM Once Upon A Farm PBC | New | 0.28% | +0.28 |
| PVLA Palvella Therapeutics Inc. | New | 0.28% | +0.28 |
| XENE Xenon Pharmaceuticals Inc. | Add +1.7% | 1.18% | +0.28 |
| FLS Flowserve Corp. | New | 0.27% | +0.27 |
| LRCX Lam Research Corp. | Add +112.5% | 0.43% | +0.27 |
| CHRW C.H. Robinson Worldwide Inc. | Add +526.2% | 0.31% | +0.26 |
| COMP Compass Inc. Class A | New | 0.25% | +0.25 |
| FTAI Ftai Aviation Ltd. | Add +1.4% | 1.26% | +0.25 |
| KLAC KLA Corp. | Add +33.1% | 0.67% | +0.25 |
| LIND Lindblad Expeditions Holding | Add +326.8% | 0.28% | +0.23 |
| PCOR Procore Technologies Inc. | New | 0.23% | +0.23 |
| TXRH Texas Roadhouse Inc. | Add +298.5% | 0.28% | +0.21 |
| CELC Celcuity Inc. | New | 0.21% | +0.21 |
| APGE Apogee Therapeutics Inc. | Add +16.0% | 0.90% | +0.20 |
| TSM Taiwan Semiconductor-SP ADR | Add +9.0% | 1.14% | +0.19 |
| MPWR Monolithic Power Systems Inc. | Add +1.0% | 1.08% | +0.18 |
| TGT Target Corp. | New | 0.18% | +0.18 |
| UCTT Ultra Clean Holdings Inc. | New | 0.18% | +0.18 |
| SITM Sitime Corp. | Add +32.8% | 0.76% | +0.17 |
| ONTO Onto Innovation Inc. | Add +18.5% | 0.48% | +0.16 |
| UTHR United Therapeutics Corp. | Add +55.9% | 0.34% | +0.16 |
| ASML ASML Holding NV-NY Reg SHS | Add +56.9% | 0.32% | +0.15 |
| ROST Ross Stores Inc. | Add +180.2% | 0.21% | +0.15 |
Notes & Other Activity Q4 2025 → Q1 2026
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | Add +20.6% | 10,245,000 | $14.2M |
| BRIDGEBIO PHARMA INC (BBIO 1.75 03/01/31) | NOTE 1.750% 3/0 · principal | New | 6,000,000 | $10.2M |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | Add +23.9% | 8,300,000 | $10.2M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Reduce -57.6% | 2,070,000 | $9.8M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Add +63.3% | 6,450,000 | $8.3M |
| MACOM TECH SOLUTIONS (MTSI 0 12/15/29) | NOTE 12/1 · principal | New | 5,400,000 | $7.9M |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | Sold out | 7,050,000 | $7.7Mbefore exit |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | Add +49.0% | 7,600,000 | $7.1M |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | Add +16.9% | 6,900,000 | $6.2M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Reduce -36.1% | 815,000 | $5.8M |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | Reduce -13.3% | 1,950,000 | $5.8M |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Sold out | 5,150,000 | $4.9Mbefore exit |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Sold out | 3,165,000 | $4.7Mbefore exit |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | Sold out | 3,500,000 | $3.4Mbefore exit |
| UNITY SOFTWARE INC (U 0 03/15/30) | NOTE 3/1 · principal | New | 3,325,000 | $3.3M |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | Sold out | 2,500,000 | $2.4Mbefore exit |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | Reduce -31.8% | 1,535,000 | $2.4M |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | Reduce -18.2% | 2,250,000 | $2.2M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A · principal | Add +25.1% | 179,250 | $116K |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D · principal | New | 47,950 | $22K |
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 | 175 | $1.6B | BWXT, RVMD, CALY, MOD, CRS |
| Q1 2026 | 178 | $1.2B | BWXT, INSM, KTOS, GEV, RVMD |
| Q4 2025 | 177 | $1.2B | BWXT, INSM, KTOS, EMBJ, RVMD |
| Q3 2025 | 181 | $1.1B | BWXT, KTOS, RSI, INSM, EMBJ |
| Q2 2025 | 183 | $999.7M | BWXT, EMBJ, RSI, REVG, INSM |
| Q1 2025 | 166 | $863.4M | EMBJ, BWXT, REVG, RSI, INSM |
| Q4 2024 | 183 | $1.0B | BWXT, EMBJ, EVR, FTAI, ALAB |
| Q3 2024 | 184 | $978.9M | BWXT, FTAI, EMBJ, EVR, MTG |
| Q2 2024 | 157 | $859.9M | MPWR, BWXT, WFRD, NVDA, REVG |
| Q1 2024 | 168 | $886.1M | BWXT, MPWR, XOM, EVR, LSCC |