Opti Capital Management, LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Opti Capital Management, LP reported 2 stock positions worth $249 thousand. Its top holding was Gossamer Bio (GOSS) at 66.1% of the portfolio, followed by Karyopharm Therapeutics (KPTI, 33.9%). Compared with Q3 2024, it opened 2 new positions. The biggest buy was a new position in Gossamer Bio (GOSS).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001738654
- Portfolio Value
- $249K (Q4 2024)
- SEC Filing
- 0000919574-25-001352 ↗ filed Feb 14, 2025
Holdings Value
Holdings 2 stocks · $249K
| GOSS Gossamer Bio Inc. | 66.11% | 182,319 | $165K | New |
| KPTI Karyopharm Therapeutics Inc. | 33.89% | 125,000 | $85K | New |
Other holdings (64): bonds, preferreds, convertibles and warrants · $2.2B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 57,230,000 | $149.5M | Add +69.7% |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 152,021,000 | $132.4M | Add +130.9% |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 150,500,000 | $130.9M | Add +276.3% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 125,949,000 | $115.4M | Add +22.7% |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 39,526,000 | $104.6M | No change |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 36,217,000 | $78.8M | New |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 29,000,000 | $73.1M | Add +286.7% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 83,059,000 | $73.0M | Add +33.1% |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | 74,846,000 | $71.8M | Add +2.0% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 60,000,000 | $66.6M | Reduce -18.9% |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | 62,115,000 | $60.8M | No change |
| INFINERA CORP (INFN 3.75 08/01/28) | NOTE 3.750% 8/0 · principal | 50,250,000 | $59.3M | No change |
| NOVA LTD (NVMI 0 10/15/25) | NOTE 10/1 · principal | 18,127,000 | $47.8M | No change |
| NUVASIVE INC (GMED 0.375 03/15/25) | NOTE 0.375% 3/1 · principal | 46,830,000 | $46.3M | No change |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 47,500,000 | $44.4M | No change |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 44,142,000 | $42.5M | Add +3.7% |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | 27,283,000 | $38.9M | New |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 38,939,000 | $38.6M | No change |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 39,921,000 | $37.8M | Add +69.9% |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 38,280,000 | $37.8M | Add +5.5% |
| FASTLY INC (FSLY 0 03/15/26) | NOTE 3/1 · principal | 39,072,000 | $36.7M | Reduce -55.5% |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 38,500,000 | $36.6M | No change |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 30,126,000 | $36.4M | Add +36.9% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 36,787,000 | $35.6M | Reduce -16.9% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 29,285,000 | $35.6M | New |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 41,000,000 | $34.6M | Add +215.4% |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | 32,000,000 | $34.1M | New |
| 3D SYSTEMS CORP (DDD 0 11/15/26) | NOTE 11/1 · principal | 37,684,000 | $33.7M | Add +39.6% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 36,000,000 | $33.5M | New |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | 18,000,000 | $31.9M | New |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 30,000,000 | $29.4M | No change |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 31,000,000 | $28.0M | Add +1.6% |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 30,000,000 | $26.6M | New |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 25,250,000 | $24.2M | New |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 29,225,000 | $24.0M | Add +192.3% |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | 22,476,000 | $21.6M | No change |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 13,807,000 | $21.4M | New |
| UPWORK INC (UPWK 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 22,500,000 | $20.9M | Reduce -23.1% |
| HEALTH CATALYST INC (HCAT 2.5 04/15/25) | NOTE 2.500% 4/1 · principal | 21,039,000 | $20.8M | No change |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 20,445,000 | $19.5M | Add +33.2% |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | 18,684,000 | $18.2M | No change |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 20,225,000 | $17.2M | No change |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 17,635,000 | $17.1M | No change |
| LIVEPERSON INC (LPSN 0 12/15/26) | NOTE 12/1 · principal | 33,550,000 | $16.8M | No change |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 9,629,000 | $15.4M | New |
| OMNICELL INC (OMCL 0.25 09/15/25) | NOTE 0.250% 9/1 · principal | 14,565,000 | $14.0M | Reduce -47.4% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 13,733,000 | $12.8M | New |
| PEGASYSTEMS INC (PEGA 0.75 03/01/25) | NOTE 0.750% 3/0 · principal | 10,000,000 | $9.9M | No change |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 10,000,000 | $9.0M | No change |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | 9,100,000 | $8.9M | No change |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 9,500,000 | $8.5M | New |
| ACCOLADE INC (ACCD 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | 8,730,000 | $8.2M | No change |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 8,370,000 | $7.9M | Add +67.4% |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 7,700,000 | $7.1M | New |
| VEECO INSTRUMENTS INC (VECO 3.75 06/01/27) | NOTE 3.750% 6/0 · principal | 3,383,000 | $6.7M | No change |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 5,361,000 | $4.4M | New |
| COMMERCE.COM INC (CMRC 0.25 10/01/26) | NOTE 0.250%10/0 · principal | 4,500,000 | $4.0M | Add +80.0% |
| DYNAVAX TECHNOLOGIES (DVAX 2.5 05/15/26) | NOTE 2.500% 5/1 · principal | 2,350,000 | $3.1M | New |
| BANDWIDTH INC (BAND 0.25 03/01/26) | NOTE 0.250% 3/0 · principal | 3,285,000 | $3.1M | No change |
| CUTERA INC (CUTR 2.25 06/01/28) | NOTE 2.250% 6/0 · principal | 13,700,000 | $2.5M | No change |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 2,500,000 | $2.5M | New |
| CUTERA INC (CUTR 2.25 03/15/26) | NOTE 2.250% 3/1 · principal | 2,550,000 | $995K | No change |
| TPI COMPOSITES INC (TPIC 5.25 03/15/28) | NOTE 5.250% 3/1 · principal | 3,000,000 | $953K | New |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 192,000 | $171K | Reduce -97.7% |
Total filed on the 13F, all lines: $2.2B.
Portfolio Sells Q3 2024 → Q4 2024
| None this quarter. | |||
Portfolio Buys Q3 2024 → Q4 2024
Notes & Other Activity Q3 2024 → Q4 2024
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Add +69.7% | 57,230,000 | $149.5M |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | Add +130.9% | 152,021,000 | $132.4M |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | Add +276.3% | 150,500,000 | $130.9M |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | Add +22.7% | 125,949,000 | $115.4M |
| INSIGHT ENTERPRS (NSIT 0.75 02/15/25) | NOTE 0.750% 2/1 · principal | Sold out | 33,111,000 | $103.9Mbefore exit |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | New | 36,217,000 | $78.8M |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Add +286.7% | 29,000,000 | $73.1M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Add +33.1% | 83,059,000 | $73.0M |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | Add +2.0% | 74,846,000 | $71.8M |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | Reduce -18.9% | 60,000,000 | $66.6M |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | Add +3.7% | 44,142,000 | $42.5M |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | New | 27,283,000 | $38.9M |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | Add +69.9% | 39,921,000 | $37.8M |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | Add +5.5% | 38,280,000 | $37.8M |
| TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) | NOTE 12/1 · principal | Sold out | 37,526,000 | $36.8Mbefore exit |
| FASTLY INC (FSLY 0 03/15/26) | NOTE 3/1 · principal | Reduce -55.5% | 39,072,000 | $36.7M |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | Add +36.9% | 30,126,000 | $36.4M |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Reduce -16.9% | 36,787,000 | $35.6M |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | New | 29,285,000 | $35.6M |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | Add +215.4% | 41,000,000 | $34.6M |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Sold out | 20,345,000 | $34.3Mbefore exit |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | New | 32,000,000 | $34.1M |
| 3D SYSTEMS CORP (DDD 0 11/15/26) | NOTE 11/1 · principal | Add +39.6% | 37,684,000 | $33.7M |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | New | 36,000,000 | $33.5M |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | New | 18,000,000 | $31.9M |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | Add +1.6% | 31,000,000 | $28.0M |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | New | 30,000,000 | $26.6M |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | New | 25,250,000 | $24.2M |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | Add +192.3% | 29,225,000 | $24.0M |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | New | 13,807,000 | $21.4M |
| UPWORK INC (UPWK 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | Reduce -23.1% | 22,500,000 | $20.9M |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | Add +33.2% | 20,445,000 | $19.5M |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Sold out | 19,000,000 | $18.1Mbefore exit |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | Sold out | 19,000,000 | $16.9Mbefore exit |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | New | 9,629,000 | $15.4M |
| OMNICELL INC (OMCL 0.25 09/15/25) | NOTE 0.250% 9/1 · principal | Reduce -47.4% | 14,565,000 | $14.0M |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | Sold out | 13,081,000 | $12.8Mbefore exit |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | New | 13,733,000 | $12.8M |
| Q2 HOLDINGS INC (QTWO 0.125 11/15/25) | NOTE 0.125%11/1 · principal | Sold out | 12,450,000 | $12.0Mbefore exit |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | Sold out | 10,000,000 | $8.9Mbefore exit |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | New | 9,500,000 | $8.5M |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | Add +67.4% | 8,370,000 | $7.9M |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | New | 7,700,000 | $7.1M |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | New | 5,361,000 | $4.4M |
| COMMERCE.COM INC (CMRC 0.25 10/01/26) | NOTE 0.250%10/0 · principal | Add +80.0% | 4,500,000 | $4.0M |
| DYNAVAX TECHNOLOGIES (DVAX 2.5 05/15/26) | NOTE 2.500% 5/1 · principal | New | 2,350,000 | $3.1M |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | New | 2,500,000 | $2.5M |
| TPI COMPOSITES INC (TPIC 5.25 03/15/28) | NOTE 5.250% 3/1 · principal | New | 3,000,000 | $953K |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | Reduce -97.7% | 192,000 | $171K |
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 | 0 | $0 | |
| Q1 2026 | 0 | $0 | |
| Q4 2025 | 0 | $0 | |
| Q3 2025 | 0 | $0 | |
| Q2 2025 | 0 | $0 | |
| Q1 2025 | 2 | $3.9M | ITGR, GOSS |
| Q4 2024 | 2 | $249K | GOSS, KPTI |
| Q3 2024 | 0 | $0 | |
| Q2 2024 | 0 | $0 | |
| Q1 2024 | 48 | $1.3B | INSIGHT ENTERPRS (NSIT 0.75 02/15/25), ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25), UNITY SOFTWARE INC (U 0 11/15/26), NOVOCURE LTD (NVCR 0 11/01/25), BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) |