Palisade Capital Management, LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Palisade Capital Management, LP reported 205 stock positions worth $3.1 billion. Its top holding was Primo Brands (PRMB) at 2.1% of the portfolio, followed by Idacorp (IDA, 1.8%) and Mueller Industries (MLI, 1.8%). Compared with Q4 2024, it opened 10 new positions, sold out of 15, added to 84 and reduced 90. The biggest buy was Franco-Nevada (FNV, shares +7%) and the biggest sale Semtech (SMTC, shares −41%).
- Most Recent 13F
- Q2 2026
- Location
- FORT LEE, NJ
- CIK
- 0001009006
- Portfolio Value
- $3.1B (Q1 2025)
- SEC Filing
- 0001085146-25-002399 ↗ filed Apr 29, 2025
Holdings Value
Holdings 205 stocks · $3.1B
| PRMB Primo Brands Corp. | 2.05% | 1,763,585 | $62.6M | Reduce -9.5% |
| IDA Idacorp Inc. | 1.81% | 476,233 | $55.3M | Reduce -2.2% |
| MLI Mueller Industries Inc. | 1.77% | 708,465 | $53.9M | Reduce -8.9% |
| AIT Applied Industrial Tech Inc. | 1.75% | 237,520 | $53.5M | Reduce -0.9% |
| RJF Raymond James Financial Inc. | 1.74% | 382,889 | $53.2M | Add +0.7% |
| AAPL Apple Inc. | 1.73% | 237,266 | $52.7M | Reduce -2.9% |
| ACIW Aci Worldwide Inc. | 1.55% | 864,618 | $47.3M | Reduce -0.8% |
| RLI Rli Corp. | 1.51% | 574,807 | $46.2M | Reduce -5.3% |
| RBA RB Global Inc. | 1.45% | 441,655 | $44.3M | Reduce -0.8% |
| WLY Wiley (john) & Sons Class A | 1.43% | 980,042 | $43.7M | Reduce -0.7% |
| APH Amphenol Corp. Class A | 1.41% | 655,082 | $43.0M | Add +4.4% |
| AVNT Avient Corp. | 1.35% | 1,108,414 | $41.2M | Reduce -1.6% |
| EGP Eastgroup Properties Inc. | 1.31% | 226,687 | $39.9M | Reduce -2.5% |
| HEI.A Heico Corp. Class A | 1.29% | 186,336 | $39.3M | Reduce -1.6% |
| WSFS WSFS Financial Corp. | 1.27% | 748,002 | $38.8M | Reduce -3.2% |
| PFGC Performance Food Group Co. | 1.24% | 480,945 | $37.8M | Reduce -1.6% |
| PB Prosperity Bancshares Inc. | 1.23% | 527,205 | $37.6M | Reduce -1.4% |
| SM SM Energy Co. | 1.20% | 1,226,895 | $36.7M | Add +45.5% |
| BLKB Blackbaud Inc. | 1.19% | 586,006 | $36.4M | Reduce -0.8% |
| LFUS Littelfuse Inc. | 1.18% | 183,400 | $36.1M | Add +6.5% |
| TXRH Texas Roadhouse Inc. | 1.18% | 215,674 | $35.9M | Reduce -0.9% |
| RGEN Repligen Corp. | 1.14% | 273,497 | $34.8M | Add +5.2% |
| CFR Cullen/Frost Bankers Inc. | 1.13% | 275,517 | $34.5M | Reduce -1.0% |
| RNST Renasant Corp. | 1.10% | 985,056 | $33.4M | Reduce -1.5% |
| VRRM Verra Mobility Corp. | 1.03% | 1,401,450 | $31.5M | Reduce -0.9% |
| JPM JPMorgan Chase & Co. | 1.03% | 128,416 | $31.5M | Reduce -2.9% |
| LKQ LKQ Corp. | 1.03% | 737,562 | $31.4M | Add +0.0% |
| MSFT Microsoft Corp. | 1.01% | 82,300 | $30.9M | Add +0.4% |
| CAKE The Cheesecake Factory Inc. | 0.99% | 620,920 | $30.2M | Reduce -0.9% |
| VNT Vontier Corp. | 0.99% | 918,651 | $30.2M | Reduce -1.4% |
| CUZ Cousins Properties Inc. | 0.99% | 1,019,898 | $30.1M | Reduce -0.9% |
| AZTA Azenta Inc. | 0.99% | 868,324 | $30.1M | Add +7.1% |
| CCC CCC Intelligent Solutions Ho | 0.98% | 3,305,359 | $29.8M | Add +26.3% |
| V Visa Inc. Class A | 0.97% | 84,906 | $29.8M | Reduce -0.5% |
| NOG Northern Oil and Gas Inc. | 0.97% | 982,294 | $29.7M | Reduce -2.1% |
| AHCO Adapthealth Corp. | 0.96% | 2,711,142 | $29.4M | Add +12.3% |
| WWD Woodward Inc. | 0.95% | 158,348 | $28.9M | Reduce -2.9% |
| CSGS CSG Systems Intl Inc. | 0.93% | 466,836 | $28.2M | Reduce -4.0% |
| BRKR Bruker Corp. | 0.92% | 674,925 | $28.2M | Add +6.4% |
| FOUR SHIFT4 Payments Inc. Class A | 0.92% | 343,867 | $28.1M | Add +9.1% |
| DHR Danaher Corp. | 0.92% | 136,993 | $28.1M | Add +1.3% |
| OSW Onespaworld Holdings Ltd. | 0.90% | 1,641,322 | $27.6M | Reduce -1.0% |
| FULT Fulton Financial Corp. | 0.89% | 1,505,168 | $27.2M | Reduce -1.4% |
| COLB Columbia Banking System Inc. | 0.88% | 1,074,071 | $26.8M | Reduce -1.0% |
| NVDA Nvidia Corp. | 0.84% | 237,560 | $25.7M | Add +4.5% |
| LRN Stride Inc. | 0.83% | 200,191 | $25.3M | Reduce -31.2% |
| ROCK Gibraltar Industries Inc. | 0.81% | 422,143 | $24.8M | Reduce -2.1% |
| FISV Fiserv Inc. | 0.81% | 111,428 | $24.6M | Reduce -2.4% |
| GPI Group 1 Automotive Inc. | 0.80% | 64,131 | $24.5M | Reduce -33.1% |
| ROP Roper Technologies Inc. | 0.80% | 41,368 | $24.4M | Add +3.1% |
| ITGR Integer Holdings Corp. | 0.79% | 205,379 | $24.2M | Add +36.5% |
| RLJ RLJ Lodging Trust | 0.79% | 3,071,508 | $24.2M | Add +0.4% |
| FNV Franco-Nevada Corp. | 0.78% | 150,473 | $23.7M | Add +6.5% |
| BL Blackline Inc. | 0.77% | 485,414 | $23.5M | Add +9.8% |
| BFAM Bright Horizons Family Solut | 0.74% | 177,684 | $22.6M | Reduce -0.9% |
| HCSG Healthcare Services Group | 0.74% | 2,237,866 | $22.6M | Add +0.9% |
| SAIA Saia Inc. | 0.74% | 64,485 | $22.5M | Reduce -0.7% |
| FA First Advantage Corp. | 0.72% | 1,562,809 | $22.0M | Add +23.1% |
| CMC Commercial Metals Co. | 0.71% | 473,342 | $21.8M | Reduce -1.5% |
| BKE The Buckle Inc. | 0.71% | 564,900 | $21.6M | Reduce -3.1% |
| BLFS Biolife Solutions Inc. | 0.71% | 947,085 | $21.6M | Add +13.7% |
| AME Ametek Inc. | 0.71% | 125,418 | $21.6M | Reduce -1.0% |
| NVST Envista Holdings Corp. | 0.70% | 1,245,277 | $21.5M | Add +9.7% |
| CRSR Corsair Gaming Inc. | 0.70% | 2,416,490 | $21.4M | Add +3.5% |
| GOOG Alphabet Inc. Class C | 0.70% | 136,816 | $21.4M | Reduce -1.4% |
| PFSI Pennymac Financial Services | 0.70% | 213,083 | $21.3M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 0.67% | 107,106 | $20.4M | Reduce -0.0% |
| VERX Vertex Inc. Class A | 0.67% | 579,945 | $20.3M | Reduce -22.7% |
| NGVT Ingevity Corp. | 0.66% | 511,059 | $20.2M | Add +6.8% |
| TMHC Taylor Morrison Home Corp. | 0.66% | 335,132 | $20.1M | Reduce -1.3% |
| WABC Westamerica Bancorporation | 0.66% | 395,819 | $20.0M | Reduce -4.0% |
| ICE Intercontinental Exchange Inc. | 0.65% | 114,113 | $19.7M | Reduce -5.5% |
| AVGO Broadcom Inc. | 0.64% | 115,906 | $19.4M | Reduce -20.1% |
| ACHC Acadia Healthcare Co. Inc. | 0.61% | 613,332 | $18.6M | Add +2.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.54% | 31,224 | $16.6M | Reduce -0.8% |
| HMN Horace Mann Educators | 0.53% | 381,968 | $16.3M | Reduce -3.3% |
| KWR Quaker Chemical Corporation | 0.53% | 131,900 | $16.3M | Add +0.7% |
| TDY Teledyne Technologies Inc. | 0.53% | 32,503 | $16.2M | Add +1.9% |
| WHD Cactus Inc. Class A | 0.53% | 350,655 | $16.1M | Reduce -7.9% |
| PRG Prog Holdings Inc. | 0.50% | 577,356 | $15.4M | Reduce -1.0% |
| DBRG Digitalbridge Group Inc. | 0.50% | 1,734,855 | $15.3M | Add +30.4% |
| HD Home Depot Inc. | 0.49% | 41,010 | $15.0M | Reduce -0.1% |
| SMTC Semtech Corp. | 0.49% | 435,636 | $15.0M | Reduce -41.3% |
| ONTO Onto Innovation Inc. | 0.49% | 122,422 | $14.9M | Reduce -0.8% |
| DEA Easterly Govt Pptys Inc. | 0.48% | 1,382,426 | $14.7M | Add +0.9% |
| MATW Matthews Intl Corp. Class A | 0.48% | 654,062 | $14.5M | Add +12.0% |
| ABBV Abbvie Inc. | 0.47% | 68,082 | $14.3M | Reduce -1.6% |
| AMSF Amerisafe Inc. | 0.46% | 268,986 | $14.1M | Reduce -3.9% |
| CNC Centene Corp. | 0.46% | 231,840 | $14.1M | Add +1.2% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.46% | 200,972 | $14.0M | Add +1.9% |
| GOOGL Alphabet Inc. Class A | 0.45% | 88,064 | $13.6M | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 0.44% | 23,521 | $13.6M | Reduce -1.4% |
| CWAN Clearwater Analytics HDS-A | 0.43% | 493,882 | $13.2M | Reduce -0.9% |
| MSA Msa Safety Inc. | 0.42% | 87,831 | $12.9M | Reduce -3.7% |
| ARCC Ares Capital Corp. | 0.42% | 579,985 | $12.9M | Add +2.5% |
| ORLY O'reilly Automotive Inc. | 0.40% | 8,602 | $12.3M | Reduce -1.6% |
| FTV Fortive Corp. | 0.39% | 163,322 | $12.0M | Reduce -3.3% |
| HRTX Heron Therapeutics Inc. | 0.38% | 5,286,931 | $11.6M | Add +34.6% |
| EVTC Evertec Inc. | 0.38% | 315,071 | $11.6M | Reduce -0.9% |
| ICLR Icon PLC | 0.38% | 65,780 | $11.5M | Add +1.4% |
Other holdings (166): bonds, preferreds, convertibles and warrants · $432.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 12,798,000 | $12.4M | Add +3.8% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 9,270 | $11.2M | Add +0.2% |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | 8,805,000 | $8.4M | Add +2.6% |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 8,686,000 | $8.3M | Add +4.3% |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 8,498,000 | $8.2M | Add +3.9% |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | 8,262,000 | $8.1M | Add +13.3% |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | 7,977,000 | $7.8M | Add +2.4% |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 7,850,000 | $7.7M | Reduce -0.4% |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 7,859,000 | $7.5M | Reduce -0.4% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 7,926,000 | $7.4M | Reduce -32.5% |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 7,537,000 | $7.3M | Add +8.8% |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 7,247,000 | $7.2M | Reduce -0.3% |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | 6,831,000 | $6.7M | Reduce -1.9% |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | 6,904,000 | $6.7M | Add +3.4% |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | 6,582,000 | $6.5M | Add +0.1% |
| NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) | NOTE 7.500%10/1 · principal | 6,386,000 | $6.5M | No change |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 6,766,000 | $6.4M | Reduce -0.5% |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 6,326,000 | $6.2M | Reduce -0.4% |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 6,500,000 | $6.1M | Add +160.0% |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 6,595,000 | $5.9M | Add +94.3% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 6,250,000 | $5.8M | Add +212.5% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 4,584 | $5.6M | Reduce -0.7% |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | 5,750,000 | $5.6M | New |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 5,500,000 | $5.4M | New |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 5,606,000 | $5.4M | Add +4.1% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 5,700,000 | $5.2M | Add +128.0% |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 3,650,000 | $5.2M | New |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 5,370,000 | $5.1M | Reduce -0.5% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 5,146,000 | $5.0M | Add +49.3% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 5,175,000 | $5.0M | Reduce -0.5% |
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | 4,995,000 | $5.0M | Reduce -0.7% |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 4,984,000 | $4.8M | Add +7.0% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 4,850,000 | $4.5M | Add +82.9% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 4,464,000 | $4.4M | Add +5.4% |
| TANDEM DIABETES CARE INC (TNDM 1.5 05/01/25) | NOTE 1.500% 5/0 · principal | 4,317,000 | $4.3M | Add +4.6% |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | 4,283,000 | $4.2M | Reduce -0.5% |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 4,396,000 | $4.2M | Reduce -0.4% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 70,000 | $4.1M | Add +75.0% |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 4,117,000 | $4.0M | Reduce -0.4% |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 3,872,000 | $4.0M | Add +7.9% |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | 4,000,000 | $3.9M | No change |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | 3,688,000 | $3.8M | Add +210.4% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 4,326,000 | $3.7M | No change |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 4,036,000 | $3.6M | No change |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 3,700,000 | $3.5M | New |
| MICROCHIP TECHNOLOGY INC (MCHP 1.625 02/15/27) | NOTE 1.625% 2/1 · principal | 2,407,000 | $3.3M | No change |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 3,200,000 | $3.2M | Add +13.8% |
| LENDINGTREE INC (TREE 0.5 07/15/25) | NOTE 0.500% 7/1 · principal | 3,212,000 | $3.1M | Add +61.4% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 2,257,000 | $3.1M | Reduce -39.9% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 3,235,000 | $3.1M | Add +7.8% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 3,305,000 | $3.1M | No change |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 2,466,000 | $3.0M | Reduce -48.5% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 2,853,000 | $3.0M | No change |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 2,586,000 | $2.7M | No change |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 2,569,000 | $2.7M | Reduce -59.9% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 2,800,000 | $2.7M | New |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 3,625,000 | $2.7M | Add +16.0% |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 2,577,000 | $2.5M | Add +7.9% |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 3,019,000 | $2.5M | Add +49.5% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 2,400,000 | $2.3M | New |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 2,500,000 | $2.2M | No change |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 2,374,000 | $2.2M | No change |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 29,820 | $2.2M | Add +50.5% |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 2,401,000 | $2.2M | Add +9.5% |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 2,254,000 | $2.1M | No change |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 1,922,000 | $2.0M | No change |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 2,250,000 | $2.0M | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 1,569,000 | $2.0M | No change |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 2,000,000 | $2.0M | New |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 581,000 | $2.0M | Reduce -17.7% |
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | 2,000,000 | $2.0M | No change |
| OMNICELL INC (OMCL 0.25 09/15/25) | NOTE 0.250% 9/1 · principal | 2,037,000 | $2.0M | Reduce -0.6% |
| NEOGENOMICS INC (NEO 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 2,000,000 | $2.0M | No change |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 2,000,000 | $1.9M | New |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | 59,500 | $1.8M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 2,000,000 | $1.8M | No change |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 2,000,000 | $1.7M | No change |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 2,000,000 | $1.7M | New |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 1,280,000 | $1.7M | Reduce -33.7% |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 2,000,000 | $1.7M | No change |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 2,000,000 | $1.7M | No change |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 1,375,000 | $1.7M | No change |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | 676,000 | $1.7M | No change |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 1,436,000 | $1.6M | No change |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 1,560,000 | $1.6M | Reduce -56.2% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 1,309,000 | $1.6M | No change |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 1,500,000 | $1.6M | No change |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 631,000 | $1.6M | No change |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 30,000 | $1.5M | New |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 1,000,000 | $1.5M | No change |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 1,545,000 | $1.5M | No change |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 40,000 | $1.4M | No change |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 17,200 | $1.4M | New |
| SUNRUN INC (RUN 0 02/01/26) | NOTE 2/0 · principal | 1,508,000 | $1.4M | New |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 30,000 | $1.4M | Add +100.0% |
| SNAP INC (SNAP 0.25 05/01/25) | NOTE 0.250% 5/0 · principal | 1,410,000 | $1.4M | Reduce -3.0% |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 24,607 | $1.4M | No change |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 1,445,000 | $1.3M | No change |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 943,000 | $1.3M | Reduce -34.6% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 1,500,000 | $1.3M | New |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 1,500,000 | $1.3M | No change |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 1,032,000 | $1.2M | Reduce -66.0% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 1,246,000 | $1.2M | Reduce -44.5% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 1,312,000 | $1.2M | No change |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 25,000 | $1.2M | Add +66.7% |
| THE REALREAL INC (REAL 1 03/01/28) | NOTE 1.000% 3/0 · principal | 1,500,000 | $1.2M | New |
| MANNKIND CORP (MNKD 2.5 03/01/26) | NOTE 2.500% 3/0 · principal | 1,000,000 | $1.2M | No change |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 901,000 | $1.2M | Reduce -43.7% |
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | 1,223,000 | $1.1M | No change |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | 930,000 | $1.1M | Add +36.8% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 1,092,000 | $1.1M | Reduce -47.8% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 1,000,000 | $1.1M | No change |
| VEECO INSTRUMENTS INC (VECO 2.875 06/01/29) | NOTE 2.875% 6/0 · principal | 1,000,000 | $1.1M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 914,000 | $1.0M | No change |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | 1,521,000 | $995K | No change |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 987,000 | $987K | No change |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 1,000,000 | $971K | No change |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 1,000,000 | $968K | New |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 750,000 | $965K | No change |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 895,000 | $956K | No change |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 847,000 | $951K | Reduce -54.1% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 1,000,000 | $951K | Add +100.0% |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 1,000,000 | $947K | New |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | 967,000 | $932K | Reduce -0.6% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 1,000,000 | $922K | No change |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 1,000,000 | $922K | New |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 922,000 | $921K | No change |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 1,000,000 | $917K | No change |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 717,000 | $909K | Reduce -67.7% |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 1,000,000 | $904K | New |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 875,000 | $901K | No change |
| MARA HOLDINGS INC (MARA 1 12/01/26) | NOTE 1.000%12/0 · principal | 1,000,000 | $894K | New |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 380,000 | $892K | No change |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 923,000 | $873K | Reduce -61.9% |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 750,000 | $865K | No change |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 1,000,000 | $863K | No change |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 363,000 | $861K | No change |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 637,000 | $848K | No change |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | 820,000 | $843K | No change |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 812,000 | $837K | No change |
| APPLIED OPTOELECTRONICS INC | NOTE 2.750% 1/1 · principal | 1,000,000 | $769K | New |
| VAREX IMAGING CORPORATIO (VREX 4 06/01/25) | NOTE 4.000% 6/0 · principal | 748,000 | $747K | No change |
| BILL HOLDINGS INC (BILL 0 12/01/25) | NOTE 12/0 · principal | 748,000 | $720K | Reduce -0.3% |
| ENVISTA HOLDINGS CORP (NVST 2.375 06/01/25) | NOTE 2.375% 6/0 · principal | 662,000 | $662K | No change |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 650,000 | $643K | Reduce -84.6% |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 571,000 | $632K | No change |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 500,000 | $603K | No change |
| FASTLY INC (FSLY 0 03/15/26) | NOTE 3/1 · principal | 627,000 | $593K | No change |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | 500,000 | $567K | New |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 569,000 | $554K | No change |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 11,000 | $540K | New |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 500,000 | $539K | No change |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 485,000 | $505K | New |
| EZCORP INC (EZPW 2.375 05/01/25) | NOTE 2.375% 5/0 · principal | 500,000 | $501K | No change |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 500,000 | $491K | No change |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 499,000 | $487K | Reduce -50.0% |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | 500,000 | $472K | New |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | 141,000 | $447K | No change |
| IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | 530,000 | $445K | New |
| CAMTEK LTD/ISRAEL (CAMT 0 12/01/26) | NOTE 12/0 · principal | 250,000 | $303K | Reduce -80.0% |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | 1,207,000 | $296K | No change |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 1,325,000 | $294K | No change |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 300,000 | $286K | No change |
| BLOOMIN BRANDS INC (BLMN 5 05/01/25) | NOTE 5.000% 5/0 · principal | 159,000 | $158K | No change |
| EVOLENT HEALTH INC (EVH 1.5 10/15/25) | NOTE 1.500%10/1 · principal | 147,000 | $144K | Add +5.8% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 06/15/25) | NOTE 2.250% 6/1 · principal | 13,000 | $13K | No change |
Total filed on the 13F, all lines: $3.5B.
Portfolio Sells Q4 2024 → Q1 2025
| SMTC Semtech Corp. | Reduce -41.3% | 0.49% | −0.89 |
| VERX Vertex Inc. Class A | Reduce -22.7% | 0.67% | −0.54 |
| GPI Group 1 Automotive Inc. | Reduce -33.1% | 0.80% | −0.42 |
| AVGO Broadcom Inc. | Reduce -20.1% | 0.64% | −0.38 |
| PRG Prog Holdings Inc. | Reduce -1.0% | 0.50% | −0.24 |
| GD General Dynamics Corp. | Sold out | 0.00% | −0.23 |
| NPO Enpro Inc. | Sold out | 0.00% | −0.22 |
| BKE The Buckle Inc. | Reduce -3.1% | 0.71% | −0.19 |
| RVLV Revolve Group Inc. Class A | Reduce -0.9% | 0.37% | −0.17 |
| SMMD iShares Russell 2500 ETF | Sold out | 0.00% | −0.16 |
| SAIA Saia Inc. | Reduce -0.7% | 0.74% | −0.15 |
| NOG Northern Oil and Gas Inc. | Reduce -2.1% | 0.97% | −0.15 |
| WHD Cactus Inc. Class A | Reduce -7.9% | 0.53% | −0.14 |
| IWM iShares Russell 2000 ETF | Reduce -73.4% | 0.05% | −0.14 |
| ONTO Onto Innovation Inc. | Reduce -0.8% | 0.49% | −0.13 |
| BLKB Blackbaud Inc. | Reduce -0.8% | 1.19% | −0.13 |
| AAPL Apple Inc. | Reduce -2.9% | 1.73% | −0.12 |
| GOOG Alphabet Inc. Class C | Reduce -1.4% | 0.70% | −0.10 |
| MLI Mueller Industries Inc. | Reduce -8.9% | 1.77% | −0.10 |
| OSW Onespaworld Holdings Ltd. | Reduce -1.0% | 0.90% | −0.09 |
| CSTL Castle Biosciences Inc. | Reduce -2.7% | 0.32% | −0.08 |
| LRN Stride Inc. | Reduce -31.2% | 0.83% | −0.08 |
| UIS Unisys Corp. | Reduce -3.5% | 0.23% | −0.07 |
| GOOGL Alphabet Inc. Class A | Reduce -1.3% | 0.45% | −0.06 |
| INTU Intuit Inc. | Reduce -64.5% | 0.03% | −0.05 |
| PEP Pepsico Inc. | Reduce -68.6% | 0.03% | −0.05 |
| PACK Ranpak Holdings Corp. | Reduce -1.8% | 0.22% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -0.0% | 0.67% | −0.04 |
| AVNT Avient Corp. | Reduce -1.6% | 1.35% | −0.04 |
| VNT Vontier Corp. | Reduce -1.4% | 0.99% | −0.04 |
| MSA Msa Safety Inc. | Reduce -3.7% | 0.42% | −0.03 |
| MTCH Match Group Inc. | Sold out | 0.00% | −0.03 |
| AMD Advanced Micro Devices | Reduce -0.5% | 0.29% | −0.03 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.02 |
| PPLI People Inc. | Reduce -34.0% | 0.05% | −0.01 |
| MTH Meritage Homes Corp. | Sold out | 0.00% | −0.01 |
| AMAT Applied Materials Inc. | Reduce -7.1% | 0.09% | −0.01 |
| FIVN FIVE9 Inc. | Sold out | 0.00% | −0.01 |
| PFGC Performance Food Group Co. | Reduce -1.6% | 1.24% | −0.01 |
| TXRH Texas Roadhouse Inc. | Reduce -0.9% | 1.18% | −0.01 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.01 |
| STZ Constellation Brands Inc. Class A | Reduce -10.1% | 0.03% | −0.01 |
| COLB Columbia Banking System Inc. | Reduce -1.0% | 0.88% | −0.01 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.01 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.01 |
| CMC Commercial Metals Co. | Reduce -1.5% | 0.71% | −0.01 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −0.01 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.01 |
| NKE Nike Inc. Class B | Reduce -8.1% | 0.03% | −0.01 |
| CLF Cleveland-Cliffs Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| FNV Franco-Nevada Corp. | Add +6.5% | 0.78% | +0.28 |
| AHCO Adapthealth Corp. | Add +12.3% | 0.96% | +0.27 |
| JAMF Jamf Holding Corp. | New | 0.25% | +0.25 |
| CRSR Corsair Gaming Inc. | Add +3.5% | 0.70% | +0.24 |
| SM SM Energy Co. | Add +45.5% | 1.20% | +0.22 |
| IEUR iShares Core MSCI Europe ETF | Add +137.4% | 0.33% | +0.21 |
| LKQ LKQ Corp. | Add +0.0% | 1.03% | +0.21 |
| HRTX Heron Therapeutics Inc. | Add +34.6% | 0.38% | +0.20 |
| ITGR Integer Holdings Corp. | Add +36.5% | 0.79% | +0.19 |
| ROP Roper Technologies Inc. | Add +3.1% | 0.80% | +0.17 |
| RDNT Radnet Inc. | New | 0.13% | +0.13 |
| APH Amphenol Corp. Class A | Add +4.4% | 1.41% | +0.09 |
| PWR Quanta Services Inc. | Add +51.8% | 0.37% | +0.09 |
| TDY Teledyne Technologies Inc. | Add +1.9% | 0.53% | +0.08 |
| BDX Becton Dickinson and Co. | Add +15.0% | 0.37% | +0.08 |
| NGVT Ingevity Corp. | Add +6.8% | 0.66% | +0.07 |
| ZTS Zoetis Inc. | Add +19.3% | 0.28% | +0.07 |
| BLFS Biolife Solutions Inc. | Add +13.7% | 0.71% | +0.06 |
| CCC CCC Intelligent Solutions Ho | Add +26.3% | 0.98% | +0.05 |
| DBRG Digitalbridge Group Inc. | Add +30.4% | 0.50% | +0.05 |
| ARCC Ares Capital Corp. | Add +2.5% | 0.42% | +0.05 |
| NVST Envista Holdings Corp. | Add +9.7% | 0.70% | +0.04 |
| CNC Centene Corp. | Add +1.2% | 0.46% | +0.04 |
| TRUP Trupanion Inc. | Add +36.7% | 0.30% | +0.04 |
| DPZ Domino's Pizza Inc. | Add +0.7% | 0.23% | +0.04 |
| IJH iShares Core S&P Midcap ETF | Add +99.0% | 0.08% | +0.04 |
| NEE Nextera Energy Inc. | Add +2.3% | 0.37% | +0.03 |
| HI Hillenbrand Inc. | Add +28.8% | 0.35% | +0.03 |
| ED Consolidated Edison Inc. | New | 0.03% | +0.03 |
| NMFC New Mountain Finance Corp. | Add +5.6% | 0.25% | +0.03 |
| THG Hanover Insurance Group Inc./ | Add +3.7% | 0.11% | +0.02 |
| STVN Stevanato Group SPA | Add +52.0% | 0.06% | +0.02 |
| AVY Avery Dennison Corp. | Add +50.7% | 0.06% | +0.02 |
| HSIC Henry Schein Inc. | Add +16.6% | 0.10% | +0.02 |
| PR Permian Resources Corp. Class A | Add +4.5% | 0.22% | +0.02 |
| NOW ServiceNow Inc. | New | 0.02% | +0.02 |
| MIDD Middleby Corp. | Add +3.5% | 0.08% | +0.02 |
| GLPI Gaming and Leisure Propertie | Add +3.9% | 0.10% | +0.02 |
| ARMK Aramark | Add +15.5% | 0.10% | +0.01 |
| WEX Wex Inc. | Add +54.3% | 0.04% | +0.01 |
| DCI Donaldson Co. Inc. | Add +4.2% | 0.12% | +0.01 |
| BOKF Bok Financial Corporation | Add +3.8% | 0.14% | +0.01 |
| SCI Service Corp. International | Add +3.8% | 0.11% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +8.0% | 0.10% | +0.01 |
| BILL Bill Holdings Inc. | New | 0.01% | +0.01 |
| CHCT Community Healthcare Trust I | Add +1.4% | 0.27% | +0.01 |
| DEA Easterly Govt Pptys Inc. | Add +0.9% | 0.48% | +0.01 |
| RGEN Repligen Corp. | Add +5.2% | 1.14% | +0.01 |
| SSRM SSR Mining Inc. | New | 0.01% | +0.01 |
| NCLH Norwegian Cruise Line Holdin | New | 0.01% | +0.01 |
Notes & Other Activity Q4 2024 → Q1 2025
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | Add +3.8% | 12,798,000 | $12.4M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +0.2% | 9,270 | $11.2M |
| NUVASIVE INC (GMED 0.375 03/15/25) | NOTE 0.375% 3/1 · principal | Sold out | 8,916,000 | $8.8Mbefore exit |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | Add +2.6% | 8,805,000 | $8.4M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Add +4.3% | 8,686,000 | $8.3M |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | Add +3.9% | 8,498,000 | $8.2M |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | Add +13.3% | 8,262,000 | $8.1M |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | Add +2.4% | 7,977,000 | $7.8M |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | Reduce -0.4% | 7,850,000 | $7.7M |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | Reduce -0.4% | 7,859,000 | $7.5M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Reduce -32.5% | 7,926,000 | $7.4M |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | Add +8.8% | 7,537,000 | $7.3M |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | Reduce -0.3% | 7,247,000 | $7.2M |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | Reduce -1.9% | 6,831,000 | $6.7M |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | Add +3.4% | 6,904,000 | $6.7M |
| CHEGG INC (CHGG 0.125 03/15/25) | NOTE 0.125% 3/1 · principal | Sold out | 6,808,000 | $6.6Mbefore exit |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | Add +0.1% | 6,582,000 | $6.5M |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | Reduce -0.5% | 6,766,000 | $6.4M |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | Reduce -0.4% | 6,326,000 | $6.2M |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | Add +160.0% | 6,500,000 | $6.1M |
| RINGCENTRAL INC (RNG 0 03/01/25) | NOTE 3/0 · principal | Sold out | 6,156,000 | $6.1Mbefore exit |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | Add +94.3% | 6,595,000 | $5.9M |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Add +212.5% | 6,250,000 | $5.8M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -0.7% | 4,584 | $5.6M |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | New | 5,750,000 | $5.6M |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | New | 5,500,000 | $5.4M |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Add +4.1% | 5,606,000 | $5.4M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Add +128.0% | 5,700,000 | $5.2M |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | New | 3,650,000 | $5.2M |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | Reduce -0.5% | 5,370,000 | $5.1M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Add +49.3% | 5,146,000 | $5.0M |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Reduce -0.5% | 5,175,000 | $5.0M |
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | Reduce -0.7% | 4,995,000 | $5.0M |
| TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) | NOTE 12/1 · principal | Sold out | 4,870,000 | $4.9Mbefore exit |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | Add +7.0% | 4,984,000 | $4.8M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Add +82.9% | 4,850,000 | $4.5M |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | Add +5.4% | 4,464,000 | $4.4M |
| TANDEM DIABETES CARE INC (TNDM 1.5 05/01/25) | NOTE 1.500% 5/0 · principal | Add +4.6% | 4,317,000 | $4.3M |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | Reduce -0.5% | 4,283,000 | $4.2M |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | Reduce -0.4% | 4,396,000 | $4.2M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +75.0% | 70,000 | $4.1M |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Reduce -0.4% | 4,117,000 | $4.0M |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Add +7.9% | 3,872,000 | $4.0M |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | Add +210.4% | 3,688,000 | $3.8M |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | New | 3,700,000 | $3.5M |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | Sold out | 3,273,000 | $3.2Mbefore exit |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Add +13.8% | 3,200,000 | $3.2M |
| LENDINGTREE INC (TREE 0.5 07/15/25) | NOTE 0.500% 7/1 · principal | Add +61.4% | 3,212,000 | $3.1M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Reduce -39.9% | 2,257,000 | $3.1M |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Add +7.8% | 3,235,000 | $3.1M |
Showing the first 50 of 112.
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 | $2.1B | APH, AAPL, NVDA, GOOG, HEI.A |
| Q1 2026 | 245 | $2.8B | AAPL, LFUS, APH, IDA, IGSB |
| Q4 2025 | 240 | $3.0B | APH, AAPL, RJF, MLI, IDA |
| Q3 2025 | 219 | $3.3B | APH, RJF, IDA, MLI, AAPL |
| Q2 2025 | 212 | $3.1B | APH, RJF, MLI, IDA, AIT |
| Q1 2025 | 205 | $3.1B | PRMB, IDA, MLI, AIT, RJF |
| Q4 2024 | 210 | $3.3B | MLI, AAPL, PRMB, RJF, AIT |
| Q3 2024 | 216 | $3.3B | RJF, MLI, AAPL, AVNT, ACIW |
| Q2 2024 | 221 | $3.3B | RJF, MLI, AIT, AAPL, AVNT |
| Q1 2024 | 208 | $3.4B | AIT, RJF, MLI, ACHC, AVNT |