Polar Asset Management Partners Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Polar Asset Management Partners Inc. reported 419 stock positions worth $3.9 billion. Its top holding was Sprott Physical Gold Trust (PHYS) at 5.1% of the portfolio, followed by Amazon.com (AMZN, 4.1%) and Nvidia (NVDA, 3.3%). Compared with Q3 2025, it opened 174 new positions, sold out of 150, added to 49 and reduced 87. The biggest buy was a new position in Amazon.com (AMZN) and the biggest sale Sprott Physical Gold Trust (PHYS, shares −37%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001326389
- Portfolio Value
- $3.9B (Q4 2025)
- SEC Filing
- 0001326389-26-000033 ↗ filed Feb 17, 2026
Holdings Value
Holdings 419 stocks · $3.9B
| PHYS Sprott Physical Gold Trust | 5.14% | 6,058,832 | $200.1M | Reduce -36.6% |
| AMZN Amazon.com Inc. | 4.15% | 699,300 | $161.4M | New |
| NVDA Nvidia Corp. | 3.26% | 680,928 | $127.0M | Add +40.1% |
| PLTR Palantir Technologies Inc. Class A | 2.56% | 560,000 | $99.5M | New |
| DAY Dayforce Inc. | 2.21% | 1,244,118 | $86.0M | New |
| CYBR Cyberark Software Ltd./Israel | 2.15% | 187,366 | $83.6M | Add +48.7% |
| PSLV Sprott Physical Silver Trust | 2.09% | 3,437,232 | $81.3M | No change |
| GOOG Alphabet Inc. Class C | 1.94% | 240,000 | $75.3M | New |
| TSLA Tesla Inc. | 1.85% | 160,000 | $72.0M | Add +297.1% |
| CMA Comerica Inc. | 1.76% | 787,000 | $68.4M | New |
| EA Electronic Arts Inc. | 1.50% | 284,820 | $58.2M | Add +173.1% |
| AMD Advanced Micro Devices | 1.47% | 267,284 | $57.2M | New |
| EXAS Exact Sciences Corp. | 1.37% | 525,000 | $53.3M | New |
| ADBE Adobe Inc. | 1.35% | 150,000 | $52.5M | Add +114.3% |
| COP Conocophillips | 1.32% | 550,000 | $51.5M | New |
| CDTX Cidara Therapeutics Inc. | 1.23% | 216,998 | $47.9M | New |
| CADE Cadence Bank | 1.08% | 983,756 | $42.1M | Add +10672.6% |
| SNV Synovus Financial Corp. | 1.07% | 835,115 | $41.8M | Add +1179.2% |
| AAPL Apple Inc. | 1.05% | 150,000 | $40.8M | Reduce -40.4% |
| RNAM Avidity Biosciences Inc. | 0.98% | 529,510 | $38.2M | New |
| MRSH Marsh & McLennan Cos | 0.95% | 200,000 | $37.1M | New |
| HOLX Hologic Inc. | 0.93% | 486,023 | $36.2M | New |
| CWAN Clearwater Analytics HDS-A | 0.88% | 1,422,500 | $34.3M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.85% | 108,416 | $32.9M | Add +7.9% |
| GTLS Chart Industries Inc. | 0.83% | 157,145 | $32.4M | Add +74.6% |
| FYBR Frontier Communications Pare | 0.78% | 800,000 | $30.5M | Reduce -33.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.78% | 60,000 | $30.2M | New |
| CFLT Confluent Inc. Class A | 0.68% | 879,700 | $26.6M | New |
| MSFT Microsoft Corp. | 0.62% | 50,000 | $24.2M | New |
| ANET Arista Networks Inc. | 0.59% | 176,147 | $23.1M | Reduce -41.6% |
| KCHV Kochav Defense Acquisition-A | 0.56% | 2,150,000 | $21.8M | No change |
| HI Hillenbrand Inc. | 0.55% | 674,619 | $21.4M | New |
| CRDO Credo Technology Group Holdi | 0.54% | 144,774 | $20.8M | New |
| SMTC Semtech Corp. | 0.53% | 278,683 | $20.5M | Reduce -13.0% |
| CCXIU Churchill Capital Corp. Xi | 0.53% | 2,000,000 | $20.4M | New |
| LBRDK Liberty Broadband-C | 0.50% | 400,000 | $19.4M | Add +33.3% |
| BCAR D. Boral Arc Acquisit Class A | 0.49% | 1,899,664 | $19.1M | Reduce -12.5% |
| PI Impinj Inc. | 0.49% | 108,811 | $18.9M | Add +27.3% |
| VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP | 0.48% | 1,757,441 | $18.7M | Add +46.5% |
| MCO Moody's Corp. | 0.48% | 36,516 | $18.7M | Reduce -50.5% |
| CHAC Crane Harbor Acqu Corp. Class A | 0.45% | 1,625,000 | $17.5M | Add +282.4% |
| DMAA Drugs Made in America Acquis | 0.43% | 1,600,000 | $16.6M | Reduce -15.8% |
| MACI Melar Acquisition Corp. I-A | 0.41% | 1,485,000 | $15.8M | No change |
| WBD Warner Bros Discovery Inc. | 0.41% | 547,400 | $15.8M | Reduce -18.0% |
| MLAC Mountain Lake Acquisition-A | 0.40% | 1,479,935 | $15.4M | Reduce 0.0% |
| CME Cme Group Inc. | 0.39% | 55,625 | $15.2M | Add +52.8% |
| LRCX Lam Research Corp. | 0.39% | 87,739 | $15.0M | Reduce -20.0% |
| FLG Flagstar Bank NA | 0.38% | 1,188,449 | $15.0M | Add +243.5% |
| META Meta Platforms Inc. Class A | 0.38% | 22,600 | $14.9M | Reduce -19.9% |
| DYOR Insight Digital Partners I-A | 0.38% | 1,499,000 | $14.9M | New |
| DMII Drugs Made in America Acquis | 0.38% | 1,500,000 | $14.8M | No change |
| CRAC Crown Reserve Acquisiti Class A | 0.38% | 1,490,000 | $14.8M | New |
| SBXDF Silverbox Corp. IV-A | 0.38% | 1,380,000 | $14.6M | Reduce -6.8% |
| EVR Evercore Inc. Class A | 0.37% | 42,600 | $14.5M | New |
| SCHW Schwab (charles) Corp. | 0.37% | 142,800 | $14.3M | New |
| KEY Keycorp | 0.36% | 675,800 | $13.9M | New |
| OLED Universal Display Corp. | 0.35% | 116,904 | $13.7M | Reduce -37.4% |
| MESHU Meshflow Acquisition Corp. | 0.35% | 1,350,000 | $13.5M | New |
| NXPI NXP Semiconductors NV | 0.34% | 61,383 | $13.3M | Reduce -0.1% |
| POLE Andretti Acquisition Corp. Class A | 0.34% | 1,250,000 | $13.1M | No change |
| USAS Americas Gold and Silver Cor | 0.33% | 2,625,000 | $13.0M | New |
| NSC Norfolk Southern Corp. | 0.33% | 45,000 | $13.0M | New |
| NDAQ Nasdaq Inc. | 0.33% | 133,164 | $12.9M | Reduce -39.0% |
| LYV Live Nation Entertainment Inc. | 0.33% | 89,700 | $12.8M | New |
| SNAP Snap Inc. Class A | 0.32% | 1,557,300 | $12.6M | New |
| GPAT GP-Act III Acquisition-A | 0.32% | 1,174,996 | $12.6M | No change |
| MTSI Macom Technology Solutions H | 0.32% | 72,476 | $12.4M | Reduce -74.7% |
| GSRF GSR IV Acquisition Corp. Class A | 0.31% | 1,200,000 | $12.0M | No change |
| MS Morgan Stanley | 0.30% | 65,100 | $11.6M | Add +107.3% |
| FICO Fair Isaac Corp. | 0.30% | 6,812 | $11.5M | New |
| VLY Valley National Bancorp | 0.29% | 966,974 | $11.3M | Add +115.6% |
| TACO Berto Acquisition Corp. | 0.29% | 1,100,000 | $11.2M | Reduce -8.3% |
| MBVI M3-Brigade Acquisition Class A | 0.28% | 1,100,000 | $11.0M | No change |
| KRNT Kornit Digital Ltd. | 0.28% | 744,644 | $10.7M | Reduce -4.5% |
| JACS Jackson Acquisition Co. Class A | 0.27% | 1,025,000 | $10.7M | No change |
| SITM Sitime Corp. | 0.27% | 30,169 | $10.7M | Reduce -56.6% |
| TTWO Take-Two Interactive Softwre | 0.27% | 41,536 | $10.6M | Add +68.6% |
| CUB Lionheart Holdings Class A | 0.27% | 985,000 | $10.5M | No change |
| CEPF Cantor Equity Partners Class A | 0.26% | 1,000,000 | $10.3M | No change |
| SDHI Siddhi Acquisition Corp. Class A | 0.26% | 1,000,000 | $10.3M | Reduce -25.9% |
| GTEN Gores Holdings X Inc. Class A | 0.26% | 1,000,000 | $10.3M | No change |
| RCI Rogers Communications Inc. Class B | 0.26% | 270,000 | $10.2M | Add +66.8% |
| ALUB.U Alussa Energy Acquisition Co. | 0.26% | 1,000,000 | $10.1M | New |
| BCSS Bain Capital GSS Inv- A | 0.26% | 1,000,000 | $10.1M | No change |
| CRANU Crane Harbor Acquisition Cor | 0.26% | 1,000,000 | $10.1M | New |
| TER Teradyne Inc. | 0.26% | 51,895 | $10.0M | Reduce -54.7% |
| EVAC Eqv Ventures Acquisition C-A | 0.26% | 1,000,000 | $10.0M | No change |
| TAVI Tavia Acquisition Corp. | 0.26% | 960,000 | $10.0M | No change |
| BLZR Trailblazer Acquisition Class A | 0.26% | 1,000,000 | $10.0M | No change |
| ENTG Entegris Inc. | 0.26% | 118,812 | $10.0M | Reduce -58.7% |
| VZ Verizon Communications Inc. | 0.26% | 245,560 | $10.0M | New |
| LPCVU Launchpad Cadenza Acquisitio | 0.26% | 1,000,000 | $10.0M | New |
| ADACU American Drive Acquisition C | 0.26% | 1,000,000 | $10.0M | New |
| IBIT iShares Bitcoin Trust ETF | 0.26% | 200,720 | $10.0M | Reduce -24.8% |
| ALF Centurion Acquisition Corp. | 0.25% | 925,000 | $9.9M | No change |
| PRMB Primo Brands Corp. | 0.25% | 600,700 | $9.8M | New |
| RANG Range Capital Acquisition Co. | 0.25% | 925,000 | $9.6M | No change |
| BWMN Bowman Consulting Group Ltd. | 0.24% | 285,024 | $9.4M | Add +30.1% |
| ELVA Electrovaya Inc. | 0.24% | 1,174,800 | $9.3M | Add +145.5% |
| COHR Coherent Corp. | 0.24% | 49,987 | $9.2M | Reduce -62.5% |
| FOXA Fox Corp. Class A | 0.24% | 125,642 | $9.2M | Add +35.2% |
| TVAI Thayer Ventures Acquis Class A | 0.23% | 900,000 | $9.1M | No change |
| ETSY Etsy Inc. | 0.23% | 163,900 | $9.1M | Reduce -6.3% |
| FITB Fifth Third Bancorp | 0.23% | 192,100 | $9.0M | New |
| FWDI Forward Industries Inc. | 0.23% | 1,351,352 | $8.9M | No change |
| TFC Truist Financial Corp. | 0.23% | 180,271 | $8.9M | New |
| AMAT Applied Materials Inc. | 0.22% | 34,020 | $8.7M | New |
| CHKP Check Point Software Tech | 0.22% | 47,100 | $8.7M | New |
| BKNG Booking Holdings Inc. | 0.22% | 1,610 | $8.6M | Add +257.8% |
| TONT Graf Global Corp. Class A | 0.22% | 800,000 | $8.6M | No change |
| GIW GIGCAPITAL8 Corp. Class A | 0.22% | 850,000 | $8.4M | New |
| AACB Artius II Acquisition Inc. Class A | 0.22% | 812,332 | $8.4M | Reduce -18.8% |
| FTW Eqv Ventures Acquisition C-A | 0.21% | 793,600 | $8.3M | No change |
| NMP NMP Acquisition Corp. Class A | 0.21% | 825,000 | $8.3M | No change |
| CEPV Cantor Equity Partners Class A | 0.21% | 800,000 | $8.2M | New |
| ORCL Oracle Corp. | 0.21% | 42,000 | $8.2M | Reduce -66.4% |
| JENA Jena Acquisition Corp. II - A | 0.21% | 800,000 | $8.1M | No change |
| MCHP Microchip Technology Inc. | 0.21% | 127,387 | $8.1M | New |
| BANC Banc of California Inc. | 0.21% | 419,530 | $8.1M | Add +238.0% |
| CALX Calix Inc. | 0.21% | 152,208 | $8.1M | New |
| SOCA Solarius Capital Acquis Class A | 0.21% | 800,000 | $8.0M | No change |
| VHCPU Vine Hill Capital Investment | 0.21% | 800,000 | $8.0M | New |
| OUT Outfront Media Inc. | 0.21% | 332,616 | $8.0M | Add +8.4% |
| LSCC Lattice Semiconductor Corp. | 0.21% | 108,864 | $8.0M | New |
| ITHAU Ithax Acquisition Corp. III | 0.21% | 800,000 | $8.0M | New |
| IRHOU Iron Horse Acquisition II Co. | 0.20% | 800,000 | $8.0M | New |
| NYT New York Times Co. Class A | 0.20% | 113,992 | $7.9M | Add +213.0% |
| TXNM TXNM Energy Inc. | 0.20% | 134,355 | $7.9M | Add +283.9% |
| COPL Copley Acquisition Corp. Class A | 0.20% | 750,000 | $7.7M | No change |
| APP AppLovin Corp. Class A | 0.20% | 11,400 | $7.7M | Add +6.0% |
| NOA North American Construction | 0.20% | 527,336 | $7.6M | Reduce -42.8% |
| HAVAU Harvard Ave Acquisition Corp. | 0.19% | 750,000 | $7.6M | New |
| KBONU Karbon Capital Partners Corp. | 0.19% | 750,000 | $7.5M | New |
| PAII Pyrophyte Acquisition Corp. Class A | 0.19% | 750,000 | $7.5M | New |
| OTGA Otg Acquisition Corp. I Class A | 0.19% | 750,000 | $7.5M | No change |
| APXT Apex Treasury Corp. Class A | 0.19% | 750,000 | $7.4M | New |
| CLMB Climb Global Solutions Inc. | 0.19% | 71,868 | $7.4M | Add +36.2% |
| PGAC Pantages Capital Acquisition | 0.19% | 700,000 | $7.3M | No change |
| B Barrick Mining Corp. | 0.19% | 166,000 | $7.2M | Reduce -34.5% |
| CDW CDW Corp. | 0.19% | 53,031 | $7.2M | Add +59.1% |
| ENHA Enhanced Group Inc. filed as A PARADISE ACQUISITION CORP | 0.19% | 716,494 | $7.2M | Add +19.4% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.18% | 86,400 | $7.2M | Add +313.0% |
| BDCI BTC Development Corp. Class A | 0.18% | 713,394 | $7.1M | Add +35.9% |
| KRT Karat Packaging Inc. | 0.18% | 314,100 | $7.1M | Add +57.1% |
| SPOT Spotify Technology SA | 0.18% | 12,200 | $7.1M | Reduce -42.6% |
| CNI Canadian Natl Railway Co. | 0.18% | 70,000 | $6.9M | Reduce -30.0% |
| ROKU Roku Inc. | 0.18% | 63,100 | $6.8M | Reduce -52.5% |
| LMB Limbach Holdings Inc. | 0.17% | 86,788 | $6.8M | New |
| ZS Zscaler Inc. | 0.17% | 30,000 | $6.7M | New |
| C Citigroup Inc. | 0.17% | 57,500 | $6.7M | Add +18.8% |
| SUNC Sunococorp LLC | 0.17% | 135,000 | $6.7M | New |
| MOFG Midwestone Financial Group I | 0.17% | 169,424 | $6.5M | New |
| TDAC Translational Development Ac | 0.16% | 600,000 | $6.3M | No change |
| EQIX Equinix Inc. | 0.16% | 8,100 | $6.2M | New |
| XRPN Armada Acquisition Class A | 0.16% | 600,000 | $6.1M | No change |
| CRAQ Cal Redwood Acquisit Class A | 0.16% | 600,000 | $6.1M | No change |
| FCRS Futurecrest Acquisition Class A | 0.16% | 600,000 | $6.1M | No change |
| NGD New Gold Inc. | 0.15% | 691,319 | $6.0M | New |
| TWLVU Twelve Seas Investment Co. II | 0.15% | 600,000 | $6.0M | New |
| AIIA AI Infrastructure Ac-A | 0.15% | 600,000 | $6.0M | New |
| GENI Genius Sports Ltd. | 0.15% | 516,837 | $5.7M | Reduce -10.8% |
| CCAQ Collective Acquisition Corp. filed as DUNE ACQUISITION CORP II | 0.14% | 550,000 | $5.6M | No change |
| BCE Bce Inc. | 0.14% | 235,000 | $5.6M | Add +17.5% |
| ANSC Agriculture & Natural Soluti | 0.14% | 500,000 | $5.6M | No change |
| HSPT Horizon Space Acquisition II | 0.14% | 525,000 | $5.5M | No change |
| CART Maplebear Inc. | 0.14% | 121,356 | $5.5M | New |
| CCIX Churchill Capital Corp. Ix | 0.14% | 506,236 | $5.4M | No change |
| SBAC SBA Communications Corp. | 0.14% | 27,600 | $5.3M | Add +168.0% |
| SPEG Silver Pegasus Acquisition-A | 0.14% | 525,000 | $5.3M | No change |
| AXIN Axiom Intelligence Class A | 0.14% | 525,000 | $5.3M | No change |
| LPBB Launch Two Acquisition Class A | 0.13% | 500,000 | $5.2M | No change |
| BXC Bluelinx Holdings Inc. | 0.13% | 84,758 | $5.2M | Add +66.8% |
| ONCHU 1RT Acquisition Corp. | 0.13% | 500,000 | $5.2M | No change |
| OMC Omnicom Group | 0.13% | 64,100 | $5.2M | New |
| NDSN Nordson Corp. | 0.13% | 21,454 | $5.2M | Reduce -46.0% |
| FAC Factorial Energy Inc. filed as CARTESIAN GROWTH CORP III | 0.13% | 500,000 | $5.1M | No change |
| HCMAU HCM III Acquisition Corp. | 0.13% | 500,000 | $5.1M | No change |
| CAEP Cantor Equity Partners III-A | 0.13% | 500,000 | $5.1M | No change |
| DHIL Diamond Hill Investment Grp | 0.13% | 30,000 | $5.1M | New |
| RDAG Republic Digital Acquis Class A | 0.13% | 500,000 | $5.1M | No change |
| OBA Oxley Bridge Acquisitio Class A | 0.13% | 500,000 | $5.0M | No change |
| INAC Indigo Acquisition Corp. | 0.13% | 500,000 | $5.0M | No change |
| PACH Pioneer Acquisition I Class A | 0.13% | 500,000 | $5.0M | No change |
| U Unity Software Inc. | 0.13% | 113,300 | $5.0M | Reduce -57.3% |
| SQNS Sequans Communications-ADR | 0.13% | 1,114,482 | $5.0M | No change |
| BLRKU Bluerock Acquisition Corp. | 0.13% | 500,000 | $5.0M | New |
| NOVT Novanta Inc. | 0.13% | 42,014 | $5.0M | Add +0.7% |
| LKQ LKQ Corp. | 0.13% | 165,500 | $5.0M | New |
| BIXIU Bitcoin Infrastructure Acqui | 0.13% | 500,000 | $5.0M | New |
| ATS Ats Corp. | 0.13% | 180,000 | $5.0M | New |
| HAYMAKER ACQUISITION CORP 4 | 0.13% | 435,000 | $5.0M | No change |
| LAFA Lafayette Acquisition Corp. | 0.13% | 500,000 | $5.0M | New |
| NSTR Northstar Earth & Space Ente filed as VIKING ACQUISITION CORP I | 0.13% | 500,000 | $5.0M | New |
| DENN Denny's Corp. | 0.13% | 791,606 | $4.9M | New |
| Q Qnity Electronics Inc. | 0.13% | 59,900 | $4.9M | New |
| BGSI Boyd Group Services Inc. | 0.12% | 29,000 | $4.6M | New |
| CCII Cohen Circle Acquisit II - A | 0.12% | 450,000 | $4.6M | No change |
| EMPD Empery Digital Inc. | 0.12% | 1,000,000 | $4.6M | Reduce -29.3% |
| AEXA American Exceptionalism Class A | 0.12% | 400,000 | $4.6M | Reduce -60.0% |
| SCIIU SC II Acquisition Corp. | 0.12% | 450,000 | $4.5M | New |
| MKLY McKinley Acquisition Co. Class A | 0.12% | 450,000 | $4.5M | No change |
| EVOX Evolution Global Acquis Class A | 0.11% | 450,000 | $4.4M | New |
| SVIA Silvia Inc. filed as PROCAP FINL INC | 0.11% | 1,250,000 | $4.4M | New |
| IMXI International Money Express | 0.11% | 284,976 | $4.4M | Add +90.0% |
| WMG Warner Music Group Corp. Class A | 0.11% | 139,220 | $4.3M | Reduce -27.4% |
| PRLB Proto Labs Inc. | 0.11% | 83,402 | $4.2M | Reduce -35.1% |
| PLMK Plum Acquisition Corp. IV | 0.11% | 400,000 | $4.2M | No change |
| LKSP Lake Superior Acquisiti Class A | 0.11% | 420,000 | $4.2M | New |
| NWAX.U New America Acquisition I Co. | 0.11% | 400,000 | $4.2M | New |
| RIBB Ribbon Acquisition Corp. | 0.11% | 400,000 | $4.2M | No change |
| IPEX Inflection Point Acquisition | 0.11% | 400,000 | $4.1M | No change |
| QUMSU Quantumsphere Acquisition Co. | 0.10% | 400,000 | $4.1M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.10% | 7,015 | $4.1M | Reduce -53.3% |
| IPCX Inflection Point Acquisiti-A | 0.10% | 400,000 | $4.1M | No change |
| EGHA Egh Acquisition Co. Class A | 0.10% | 400,000 | $4.1M | Reduce -33.3% |
| OYSE Oyster Enterprises II Acq-A | 0.10% | 400,000 | $4.0M | No change |
| FIGX Figx Capital Acquisition C-A | 0.10% | 400,000 | $4.0M | No change |
| TDWDU Tailwind 2.0 Acquisition Cor | 0.10% | 400,000 | $4.0M | New |
| DSACU Daedalus Special Acquisition | 0.10% | 400,000 | $4.0M | New |
| BR Broadridge Financial Solutio | 0.10% | 17,978 | $4.0M | New |
| HVMC Highview Merger Corp. Class A | 0.10% | 400,000 | $4.0M | No change |
| A Agilent Technologies Inc. | 0.10% | 29,300 | $4.0M | New |
| CVE Cenovus Energy Inc. | 0.10% | 235,000 | $4.0M | New |
| XMTR Xometry Inc. Class A | 0.10% | 66,311 | $3.9M | Add +37.7% |
| GLBE Global-E Online Ltd. | 0.10% | 99,849 | $3.9M | Add +5.6% |
| HAS Hasbro Inc. | 0.10% | 47,800 | $3.9M | New |
| OR Or Royalties Inc. | 0.10% | 110,000 | $3.9M | Reduce -22.0% |
| STT State Street Corp. | 0.10% | 30,200 | $3.9M | New |
| PELI Pelican Acquisition Corp. | 0.10% | 370,000 | $3.8M | No change |
| WBS Webster Financial Corp. | 0.10% | 59,624 | $3.8M | Add +10.8% |
| ROG Rogers Corp. | 0.10% | 40,483 | $3.7M | Reduce -11.8% |
| BEAG Bold Eagle Acquisition Cor-A | 0.10% | 350,200 | $3.7M | No change |
| MMTXU Miluna Acquisition Corp. | 0.10% | 370,000 | $3.7M | New |
| LWACU Lightwave Acquisition Corp. | 0.09% | 357,500 | $3.6M | No change |
| DAL Delta Air Lines Inc. | 0.09% | 52,100 | $3.6M | New |
| BLUW Blue Water Acquisition C-A filed as BLUE WTR ACQUISITION CORP. I | 0.09% | 350,000 | $3.6M | No change |
| QSEA Quartzsea Acquisition Corp. | 0.09% | 350,000 | $3.6M | No change |
| CARR Carrier Global Corp. | 0.09% | 67,400 | $3.6M | New |
| KOYNU CSLM Digital Asset Acquisiti | 0.09% | 350,000 | $3.5M | No change |
| LSTR Landstar System Inc. | 0.09% | 24,500 | $3.5M | New |
| AEAQU Activate Energy Acquisition | 0.09% | 350,000 | $3.5M | New |
| FOLD Amicus Therapeutics Inc. | 0.09% | 243,000 | $3.5M | New |
| HD Home Depot Inc. | 0.09% | 10,000 | $3.4M | Reduce -94.1% |
| VIAV Viavi Solutions Inc. | 0.09% | 187,363 | $3.3M | New |
| SPWR Sunpower Inc. | 0.08% | 2,089,728 | $3.3M | No change |
| UPST Upstart Holdings Inc. | 0.08% | 74,700 | $3.3M | New |
| HUBG Hub Group Inc. Class A | 0.08% | 75,600 | $3.2M | New |
| CNQ Canadian Natural Resources | 0.08% | 95,000 | $3.2M | New |
| RVLV Revolve Group Inc. Class A | 0.08% | 105,950 | $3.2M | New |
| JEF Jefferies Financial Group Inc. | 0.08% | 50,787 | $3.1M | New |
| NTR Nutrien Ltd. | 0.08% | 50,000 | $3.1M | New |
| BACC Blue Acquisition Corp. Class A | 0.08% | 300,000 | $3.1M | No change |
| SZZL Sizzle Acquisition Corp. Class A | 0.08% | 300,000 | $3.0M | No change |
| SOUL Soulpower Acquisition Co. Class A | 0.08% | 300,000 | $3.0M | No change |
| MKTX Marketaxess Holdings Inc. | 0.08% | 16,700 | $3.0M | Reduce -58.5% |
| HCACU Hall Chadwick Acquisition Co. | 0.08% | 300,000 | $3.0M | New |
| DHR Danaher Corp. | 0.08% | 13,100 | $3.0M | Reduce -69.5% |
| LYFT LYFT Inc. Class A | 0.08% | 154,800 | $3.0M | Reduce -19.6% |
| W Wayfair Inc. Class A | 0.08% | 29,723 | $3.0M | Reduce -59.0% |
| NOEM CO2 Energy Transition Corp. | 0.08% | 290,000 | $3.0M | No change |
| ALIS Calisa Acquisition Corp. | 0.08% | 300,000 | $3.0M | New |
| IAG Iamgold Corp. | 0.08% | 180,000 | $3.0M | Reduce -21.7% |
| DNMX Dynamix Corp. III Class A | 0.08% | 300,000 | $3.0M | New |
| EQX Equinox Gold Corp. | 0.08% | 210,000 | $2.9M | Reduce -17.6% |
| CAPN Cayson Acquisition Corp. | 0.08% | 275,000 | $2.9M | No change |
| KVUE Kenvue Inc. | 0.08% | 169,239 | $2.9M | New |
| PLYM Plymouth Industrial REIT Inc. | 0.07% | 132,564 | $2.9M | New |
| APEI American Public Education | 0.07% | 76,500 | $2.9M | Reduce -29.6% |
| AFRM Affirm Holdings Inc. | 0.07% | 38,750 | $2.9M | Reduce -57.9% |
| CGAU Centerra Gold Inc. | 0.07% | 200,000 | $2.9M | Add +5.3% |
| RRX Regal Rexnord Corp. | 0.07% | 20,300 | $2.8M | New |
| LOW Lowe's Cos Inc. | 0.07% | 11,800 | $2.8M | New |
| SBXE.U Silverbox Corp. V | 0.07% | 275,000 | $2.8M | New |
| CHWY Chewy Inc. Class A | 0.07% | 83,598 | $2.8M | New |
| LFACU Leapfrog Acquisition Corp. | 0.07% | 275,000 | $2.8M | New |
| CHRW C.H. Robinson Worldwide Inc. | 0.07% | 16,600 | $2.7M | Reduce -61.3% |
| IPGP Ipg Photonics Corp. | 0.07% | 37,039 | $2.7M | Reduce -53.5% |
| KFII K&F Growth Acquisition Cor-A | 0.07% | 250,000 | $2.6M | No change |
| POOL Pool Corp. | 0.07% | 11,300 | $2.6M | New |
| TFII Tfi International Inc. | 0.07% | 25,000 | $2.6M | New |
| TWO Two Harbors Investment Corp. filed as TWO HBRS INVT CORP | 0.07% | 244,051 | $2.6M | New |
| WENN Wen Acquisition Corp. Class A | 0.06% | 250,000 | $2.5M | No change |
| BPACU Blueport Acquisition Ltd. | 0.06% | 250,000 | $2.5M | New |
| MXL Maxlinear Inc. | 0.06% | 144,186 | $2.5M | Reduce -24.1% |
| IGACU Invest Green Acquisition Cor | 0.06% | 250,000 | $2.5M | New |
| SSEA Starry Sea Acquisition Corp. | 0.06% | 250,000 | $2.5M | New |
| RNGT Range Capital Acquisit Class A | 0.06% | 250,000 | $2.5M | New |
| GFL GFL Environmental Inc.-Sub VT | 0.06% | 58,000 | $2.5M | Reduce -10.8% |
| WSTN Westin Acquisition Corp. Class A | 0.06% | 250,000 | $2.5M | New |
| MCGA Yorkville Acquisition Corp. Class A | 0.06% | 239,692 | $2.4M | No change |
| HAYW Hayward Holdings Inc. | 0.06% | 155,900 | $2.4M | Add +21.1% |
| MBC Masterbrand Inc. | 0.06% | 213,352 | $2.4M | New |
| BABA Alibaba Group Holding-SP ADR | 0.06% | 15,998 | $2.3M | Add +30.1% |
| BHF Brighthouse Financial Inc. | 0.06% | 36,068 | $2.3M | New |
| GM General Motors Co. | 0.06% | 28,600 | $2.3M | New |
| UYSC Uy Scuti Acquisition Corp. | 0.06% | 225,000 | $2.3M | No change |
| INSP Inspire Medical Systems Inc. | 0.06% | 25,000 | $2.3M | New |
| REVG Rev Group Inc. | 0.06% | 37,745 | $2.3M | New |
| BROS Dutch Bros Inc. Class A | 0.06% | 37,400 | $2.3M | New |
| IMAX Imax Corp. | 0.06% | 61,700 | $2.3M | Reduce -37.4% |
| UPWK Upwork Inc. | 0.06% | 114,741 | $2.3M | Reduce -76.2% |
| AVDL Avadel Pharmaceuticals Ltd. | 0.06% | 105,399 | $2.3M | New |
| JHG Janus Henderson Group PLC | 0.06% | 46,500 | $2.2M | New |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 0.06% | 167,828 | $2.2M | New |
| BURL Burlington Stores Inc. | 0.06% | 7,482 | $2.2M | Reduce -29.3% |
| INTU Intuit Inc. | 0.05% | 3,200 | $2.1M | Reduce -68.9% |
| ECHO Echostar Corp. Class A | 0.05% | 19,500 | $2.1M | New |
| AREC American Resources Corp. | 0.05% | 850,000 | $2.1M | New |
| EXPE Expedia Group Inc. | 0.05% | 7,400 | $2.1M | Reduce -55.6% |
| COLA Columbus Acquisition Corp. | 0.05% | 200,000 | $2.1M | No change |
| PAR Par Technology Corp. | 0.05% | 56,862 | $2.1M | Reduce -50.7% |
| LPTH Lightpath Technologies Inc. Class A | 0.05% | 190,684 | $2.1M | New |
| NPAC New Providence Acquisition-A | 0.05% | 200,000 | $2.1M | No change |
| RAAQ Real Asset Acquisiti Class A | 0.05% | 200,000 | $2.0M | No change |
| LCCC Lakeshore Acquisition III Co. | 0.05% | 199,980 | $2.0M | Reduce -0.0% |
| DAAQ Digital Asset Acquisiti Class A | 0.05% | 200,000 | $2.0M | No change |
| FCX Freeport-McMoran Inc. | 0.05% | 40,000 | $2.0M | New |
| MDB Mongodb Inc. | 0.05% | 4,761 | $2.0M | Reduce -73.8% |
| CHEC Chenghe Acquisition II Class A | 0.05% | 200,000 | $2.0M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.05% | 36,100 | $2.0M | Reduce -85.1% |
| ROST Ross Stores Inc. | 0.05% | 11,019 | $2.0M | Reduce -42.1% |
| ABNB Airbnb Inc. Class A | 0.05% | 14,500 | $2.0M | New |
| QIPT Quipt Home Medical Corp. | 0.05% | 550,000 | $1.9M | New |
| CRWV Coreweave Inc. Class A | 0.05% | 27,000 | $1.9M | New |
| CSGS CSG Systems Intl Inc. | 0.05% | 25,158 | $1.9M | New |
| BSAA Best Spac I Acquisition-A | 0.05% | 185,000 | $1.9M | No change |
| WFG West Fraser Timber Co. Ltd. | 0.05% | 30,000 | $1.8M | New |
| CHPG Championsgate Acquisitio-A | 0.05% | 175,000 | $1.8M | No change |
| AHL Aspen Insurance Holdings Class A | 0.04% | 46,888 | $1.7M | New |
| DYNC Dynamix Corp. | 0.04% | 163,949 | $1.7M | No change |
| RGLD Royal Gold Inc. | 0.04% | 7,500 | $1.7M | Reduce -6.4% |
| PXED Phoenix Education Partners I | 0.04% | 55,000 | $1.7M | New |
| FSHP Flag Ship Acquisition Corp. | 0.04% | 150,000 | $1.6M | No change |
| CTLP Cantaloupe Inc. | 0.04% | 151,780 | $1.6M | New |
| YHNA YHN Acquisition I Ltd. | 0.04% | 150,000 | $1.6M | Reduce -48.3% |
| LPAA Launch One Acquisition Corp. | 0.04% | 150,000 | $1.6M | No change |
| HBM Hudbay Minerals Inc. | 0.04% | 80,000 | $1.6M | Add +60.0% |
| ALMU Aeluma Inc. | 0.04% | 90,283 | $1.6M | Reduce -57.2% |
| GTERA Globa Terra Acquisition Co. Class A | 0.04% | 150,000 | $1.5M | No change |
| SAC.U Safeguard Acquisition Corp. | 0.04% | 150,000 | $1.5M | New |
| APAC Stonebridge Acquisition Class A | 0.04% | 150,000 | $1.5M | New |
| AGYS Agilysys Inc. | 0.04% | 12,500 | $1.5M | Reduce -49.2% |
| ALCYF Alchemy Investments Acquisit | 0.04% | 101,434 | $1.4M | Add +1.4% |
| INVZ Innoviz Technologies Ltd. | 0.04% | 1,655,969 | $1.4M | No change |
| KOYN CSLM Digital Asset Acqu - A | 0.04% | 139,177 | $1.4M | New |
| MATW Matthews Intl Corp. Class A | 0.04% | 52,949 | $1.4M | Reduce -87.6% |
| NWE Northwestern Energy Group Inc. | 0.03% | 20,987 | $1.4M | New |
| BAYA Bayview Acquisition Corp. Class A | 0.03% | 112,811 | $1.3M | New |
| THS Treehouse Foods Inc. | 0.03% | 50,866 | $1.2M | New |
| OMER Omeros Corp. | 0.03% | 68,800 | $1.2M | Reduce -95.4% |
| STAA Staar Surgical Co. | 0.03% | 50,180 | $1.2M | Reduce -59.9% |
| QETA Quetta Acquisition Corp. | 0.03% | 100,000 | $1.1M | No change |
| CEPT Cantor Equity Partners Class A | 0.03% | 100,000 | $1.1M | No change |
| GIL Gildan Activewear Inc. | 0.03% | 18,000 | $1.1M | Reduce -50.0% |
| LULU Lululemon Athletica Inc. | 0.03% | 5,300 | $1.1M | New |
| CAL Caleres Inc. | 0.03% | 90,300 | $1.1M | New |
| LEGT Legato Merger Corp. III | 0.03% | 100,000 | $1.1M | No change |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.03% | 23,300 | $1.1M | New |
| MCW Mister Car Wash Inc. | 0.03% | 191,900 | $1.1M | New |
| FVN Future Vision II Acquisition | 0.03% | 100,000 | $1.1M | No change |
| AMWD American Woodmark Corp. | 0.03% | 19,448 | $1.0M | New |
| WWW Wolverine World Wide Inc. | 0.03% | 57,700 | $1.0M | New |
| CEPO Cantor Equity Partners I-A | 0.03% | 100,000 | $1.0M | Reduce -60.0% |
| KRSP Rice Acquisition Corp. 3-A | 0.03% | 100,000 | $1.0M | New |
| CPSH CPS Technologies Corp. | 0.03% | 330,900 | $1.0M | New |
| EAT Brinker International Inc. | 0.03% | 7,000 | $1.0M | New |
| LATA Galata Acqu Corp. II Class A | 0.03% | 100,000 | $996K | No change |
| TREX Trex Company Inc. | 0.03% | 28,300 | $993K | New |
| GES Guess? Inc. | 0.03% | 58,764 | $984K | New |
| WTRG Essential Utilities Inc. | 0.02% | 25,000 | $959K | New |
| BKU Bankunited Inc. | 0.02% | 20,853 | $929K | New |
| SF Stifel Financial Corp. | 0.02% | 6,939 | $869K | Reduce -89.3% |
| ASG Liberty All-Star Growth FD | 0.02% | 151,651 | $804K | Reduce -66.8% |
| ORBS Eightco Holdings Inc. | 0.02% | 547,945 | $800K | No change |
| ZONE Zone Frontier Inc. filed as CLEANCORE SOLUTIONS INC | 0.02% | 3,000,000 | $780K | Reduce -50.0% |
| PRA Proassurance Corp. | 0.02% | 32,173 | $777K | New |
| GAME Gamesquare Hldgs Inc. | 0.02% | 2,000,000 | $770K | No change |
| WTG Wintergreen Acquisition Corp. | 0.02% | 75,000 | $764K | No change |
| NAMM Namib Minerals | 0.02% | 1,346,001 | $762K | No change |
| BZAI Blaize Holdings Inc. | 0.02% | 389,127 | $759K | New |
| AMBQ Ambiq Micro Inc. | 0.02% | 26,088 | $744K | New |
| TSAT Telesat Corp. | 0.02% | 25,000 | $721K | Reduce -76.2% |
| SHCO Soho House & Co. Inc. | 0.02% | 75,586 | $677K | New |
| HSDT Solana Co. | 0.02% | 233,363 | $674K | Reduce -89.3% |
| SEMR Semrush Holdings Inc. Class A | 0.02% | 53,000 | $630K | New |
| EURK Eureka Acquisition Corp. | 0.02% | 57,000 | $623K | No change |
| SEE Sealed Air Corp. | 0.02% | 15,000 | $621K | New |
| AMPX Amprius Technologies Inc. | 0.02% | 78,600 | $620K | New |
| OAKU Oak Woods Acquisition Corp. Class A | 0.02% | 50,543 | $612K | Reduce -32.6% |
| VOYG Voyager Technologies Inc. Class A | 0.02% | 22,900 | $599K | New |
| SAFX XCF Global Inc. Class A | 0.01% | 2,131,109 | $582K | Add +51.0% |
| RFAI RF Acquisition Corp. II | 0.01% | 50,000 | $538K | Reduce -77.8% |
| FFWM First Foundation Inc. | 0.01% | 86,893 | $535K | New |
| SCPQU Social Commerce Partners Cor | 0.01% | 50,000 | $500K | New |
| BKHA Black Hawk Acquisition Cor-A | 0.01% | 39,100 | $440K | No change |
| BETA Beta Technologies Inc. Class A | 0.01% | 15,000 | $423K | New |
| ZEUS Olympic Steel Inc. | 0.01% | 9,708 | $415K | New |
| LGN Legence Corp. Class A | 0.01% | 8,655 | $373K | New |
| LITS Lite Strategy Inc. | 0.01% | 276,638 | $365K | Reduce -76.5% |
| KVACF Keen Vision Acquisition Corp. | 0.01% | 23,400 | $275K | No change |
| STKE Sol Strategies Inc. | 0.01% | 177,579 | $272K | New |
| IPST Ip Strategy Holdings Inc. filed as HERITAGE DISTILLING HLDG CO | 0.01% | 165,480 | $258K | New |
| EMIS Emmis Acquisition Corp. Class A | 0.01% | 25,000 | $249K | Reduce -95.2% |
| ANNA Aleanna Inc. | 0.01% | 70,933 | $204K | No change |
| PAPL Pineapple Financial Inc. | 0.00% | 131,578 | $186K | No change |
| STAI Scantech AI Systems Inc. | 0.00% | 75,000 | $125K | New |
| EB Eventbrite Inc. Class A | 0.00% | 12,011 | $53K | New |
| BNAI Brand Engagement Network Inc. | 0.00% | 20,000 | $46K | No change |
| RAIN Rain Enhancement Techno Class A | 0.00% | 23,970 | $36K | Reduce -16.2% |
| CRGO Freightos Ltd. | 0.00% | 25,000 | $29K | No change |
| DISTOKEN ACQUISITION CORP | 0.00% | 250,000 | $4K | New |
| KYIV Kyivstar Group Ltd. | 0.00% | 217,932 | $1K | Reduce -12.3% |
| ALPHA MODUS HLDGS INC | 0.00% | 134,364 | $0 | New |
| ANGX Angel Studios Inc. | 0.00% | 262,502 | $0 | No change |
| BKSY Blacksky Technology Inc. | 0.00% | 11,718 | $0 | No change |
| CLASSOVER HLDGS INC | 0.00% | 237,500 | $0 | No change |
| PEW Grabagun Digital Holdings Inc. | 0.00% | 515,000 | $0 | No change |
| VEEA INC | 0.00% | 293,302 | $0 | No change |
| HPAI Helport AI Ltd. | 0.00% | 29,152 | $0 | No change |
Options reported separately and not counted above: SPY calls ($920.6M), SPY puts ($303.5M), QQQ puts ($219.9M), AMZN puts ($138.5M), NVDA puts ($108.2M), PLTR puts ($99.5M), NVDA calls ($92.4M), GOOG puts ($75.3M), TSLA puts ($72.0M), EEM puts ($54.7M), ADBE puts ($52.5M), COP puts ($51.5M), and 36 more.
Other holdings (209): bonds, preferreds, convertibles and warrants · $1.2B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 61,775,000 | $255.5M | Add +0.5% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 140,000,000 | $203.4M | No change |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 55,000,000 | $139.8M | No change |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 100,000,000 | $121.8M | Add +185.7% |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 70,000,000 | $70.9M | Reduce -16.2% |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 21,375,000 | $55.3M | No change |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 50,000,000 | $54.9M | Add +42.9% |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | 40,000,000 | $42.1M | New |
| XERIS BIOPHARMA HOLDINGS (XERS 8 07/15/28) | NOTE 8.000% 7/1 · principal | 10,500,000 | $28.0M | No change |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 2,629,086 | $22.2M | Add +17.5% |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 20,000,000 | $21.1M | Reduce -33.3% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 16,600,000 | $17.3M | New |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 17,500,000 | $17.0M | Reduce -12.5% |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 6,129,000 | $15.5M | Reduce -85.5% |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 10,000,000 | $13.7M | Reduce -60.0% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 10,000,000 | $10.7M | No change |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 10,000,000 | $10.1M | Reduce -66.7% |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 9,000,000 | $8.8M | New |
| COGENT BIOSCIENCES INC (COGT 1.625 11/15/31) | NOTE 1.625%11/1 · principal | 7,500,000 | $8.8M | New |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 7,987,000 | $8.2M | New |
| CHACR Crane Harbor Acquisition-RTS | RIGHT 04/17/2030 | 2,257,200 | $1.8M | Add +431.1% |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 | 1,149,900 | $1.8M | No change |
| GROY.WS Gold Royalty Corp. -29 | *W EXP 05/31/202 | 494,000 | $965K | No change |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 1,222,427 | $898K | Reduce -2.2% |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | 887,500 | $777K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 450,000 | $698K | No change |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | 1,066,666 | $523K | No change |
| KCHVR Kochav Defense Acquisition-R | RIGHT 05/21/2030 | 2,150,000 | $516K | No change |
| AACBR Artius II Acquisition Inc. | RIGHT 11/27/2029 | 1,500,000 | $495K | No change |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | 1,880,000 | $451K | No change |
| IAUX.WS I-80 Gold Corp. -26 | *W EXP 11/16/202 | 500,000 | $418K | No change |
| RANGR Range Capital Acquisition Co. | RIGHT 99/99/9999 | 925,000 | $416K | No change |
| GSRFR GSR IV Acquisition Corp.-RTS | RIGHT 08/22/2030 | 171,428 | $408K | Reduce -0.1% |
| BCARW D Boral Arc Acquisition - 30 | *W EXP 07/23/203 | 1,086,000 | $395K | No change |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | 1,525,000 | $381K | No change |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | 1,900,000 | $356K | No change |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | 750,000 | $339K | No change |
| SDHIR Siddhi Acquisition Corp. | RIGHT 09/15/2029 | 1,350,000 | $338K | No change |
| GPATW GP-Act III Acq Class A -CW27 | *W EXP 05/13/202 | 1,237,500 | $334K | No change |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | 1,000,000 | $320K | No change |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | 400,000 | $320K | No change |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 2,854,274 | $317K | Reduce -1.7% |
| ALFUW Centurion Acquisition - 29 | *W EXP 05/31/203 | 987,500 | $316K | No change |
| CRACR Crown Reserve Acquisitio-RTS | RIGHT 10/06/2030 | 1,490,000 | $283K | New |
| XRPNW Armada Acquisition Corp - A | *W EXP 05/21/203 | 300,000 | $267K | No change |
| GIWWR GIGCAPITAL8 Corp.-RTS | RIGHT 09/30/2030 | 850,000 | $264K | New |
| POLEW Andretti Acquisition Corp.-29 | *W EXP 06/01/203 | 875,000 | $253K | No change |
| SVIAW Procap Financial Inc. | *W EXP 12/05/203 | 375,000 | $248K | New |
| DYORW Insight Digital Partners II | *W EXP 10/28/203 | 749,500 | $247K | New |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 750,000 | $240K | No change |
| GTENW Gores Holdings X Inc.-31 | *W EXP 05/02/203 | 250,000 | $232K | No change |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 | 600,000 | $226K | No change |
| TAVIR Tavia Acquisition Corp. | RIGHT 11/26/2029 | 960,000 | $221K | No change |
| DMIIR Drugs Made in America Acq-RT | RIGHT 09/16/2030 | 1,500,000 | $210K | No change |
| FACWW Cartesian Growth Corp. -30 | *W EXP 05/02/203 | 250,000 | $198K | No change |
| CRAQR Cal Redwood Acquisition Corp. | RIGHT 05/15/2030 | 600,000 | $194K | No change |
| TVAIR Thayer Ventures Acquisition | RIGHT 05/15/2030 | 900,000 | $189K | No change |
| RDZNW Vahanna Tech Edge -CW24 | *W EXP 11/30/202 | 687,278 | $187K | No change |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 215,625 | $185K | No change |
| SBXWF Silverbox Corp. IV-A- 29 | *W EXP 08/19/202 | 660,000 | $185K | No change |
| NMPAR NMP Acquisition Corp. | RIGHT 06/27/2030 | 825,000 | $166K | No change |
| ANNAW Aleanna Inc. Class A - 29 | *W EXP 12/13/202 | 990,000 | $164K | No change |
| BLZRW Trailblazer Acqui Corp. -30 | *W EXP 09/30/203 | 333,333 | $160K | No change |
| AI INFRASTRUCTURE ACQUISITIO | RIGHT 99/99/9999 | 600,000 | $156K | New |
| IPCXR Inflection Point Acquisition | RIGHT 04/25/2030 | 400,000 | $151K | No change |
| DFDVW Defi Development Corp. | *W EXP 01/21/202 | 99,999 | $151K | New |
| APADR A Paradise Acquisition Corp. | RIGHT 07/29/2025 | 600,000 | $150K | No change |
| EGHAR Egh Acquisition Corp.-RTS | RIGHT 99/99/9999 | 600,000 | $150K | No change |
| PAII.WS Pyrophyte Acquisition Corp. I | *W EXP 07/30/203 | 375,000 | $150K | No change |
| ALISR Calisa Acquisition Corp. | RIGHT 09/11/2030 | 300,000 | $146K | New |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | 250,000 | $145K | No change |
| JENA ACQUISITION CORP II-RTS | RIGHT 03/31/2030 | 800,000 | $144K | No change |
| SBCWW Pono Capital Two Inc. -27 | *W EXP 09/17/202 | 685,700 | $143K | Reduce -12.7% |
| PGACR Pantages Capital Acquis-RT | RIGHT 11/15/2029 | 700,000 | $140K | No change |
| HVIIR Hennessy Capital Investment | RIGHT 01/17/2030 | 500,000 | $140K | No change |
| MBVIW M3-Brigade Acquisition Vi Co. | *W EXP 08/18/203 | 366,666 | $136K | No change |
| BCSS.WS Bain Capital GSS Investment | *W EXP 01/01/202 | 200,000 | $131K | No change |
| LPBBW Launch Two Acquisition -29 | *W EXP 10/09/202 | 400,000 | $126K | No change |
| CUBWW Lionheart Holdings - WT | *W EXP 06/07/203 | 742,500 | $126K | No change |
| SPEGR Silver Pegasus Acquisition C | RIGHT 06/26/2030 | 525,000 | $126K | No change |
| TDACW Translational Dev -A -CW26 | *W EXP 12/18/202 | 400,000 | $124K | No change |
| CCAQW Dune Acquisition Corp. II -30 | *W EXP 04/04/203 | 412,500 | $124K | No change |
| OTGAW Otg Acquisition Corp. I - 30 | *W EXP 09/05/203 | 375,000 | $120K | No change |
| RDACR Rising Dragon Acquisition Co. | RIGHT 11/15/2028 | 500,000 | $120K | No change |
| LKSPR Lake Superior Acquisition Co. | RIGHT 09/19/2030 | 60,000 | $117K | New |
| EVAC.WS Eqv Ventures Acquisition Cor | *W EXP 06/30/203 | 333,333 | $117K | No change |
| FCRS.WS Futurecrest Acquisition Corp. | *W EXP 09/30/203 | 150,000 | $113K | No change |
| HPAIW Helport AI Ltd. -29 | *W EXP 03/31/202 | 670,835 | $112K | Reduce -18.3% |
| SOCAW Solarius Capital Acqui -30 | *W EXP 07/10/203 | 400,000 | $112K | No change |
| AXINR Axiom Intelligence Acquisiti | RIGHT 06/10/2030 | 525,000 | $110K | No change |
| PLMKW Plum Acquisition Corp. IV-30 | *W EXP 08/19/202 | 350,000 | $105K | No change |
| APXTW Apex Treasury Corp. -30 | *W EXP 10/07/203 | 375,000 | $104K | New |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | 742,500 | $104K | No change |
| PEW.WS Grabagun Digital Holdings Inc. | *W EXP 99/99/999 | 270,610 | $104K | Reduce -14.9% |
| BLUWW Blue Water Acquisition-CW26 | *W EXP 05/23/203 | 175,000 | $102K | No change |
| EVOXW Evolution Global Acquisition | *W EXP 10/22/203 | 225,000 | $99K | New |
| COPL.WS Copley Acquisition Corp. -30 | *W EXP 99/99/999 | 375,000 | $97K | No change |
| ATMCR Alphatime Acquisition-Right | RIGHT 03/01/2028 | 475,000 | $91K | No change |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | 300,000 | $90K | No change |
| BDCIW BTC Development Corp. - 30 | *W EXP 09/11/203 | 131,250 | $89K | No change |
| RIBBR Ribbon Acquisition Corp. | RIGHT 12/31/2026 | 400,000 | $88K | No change |
| PELIR Pelican Acquisition Corp.-RTS | RIGHT 05/02/2030 | 370,000 | $85K | No change |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 200,000 | $84K | No change |
| HSPTR Horizon Space Acquisition II | RIGHT 03/30/2026 | 525,000 | $84K | No change |
| OYSER Oyster Enterprises II Acquis | RIGHT 05/22/2030 | 400,000 | $80K | No change |
| EMISR Emmis Acquisition Corp. | RIGHT 09/12/2030 | 525,000 | $80K | No change |
| INACR Indigo Acquisition Corp. | RIGHT 04/02/2027 | 500,000 | $80K | No change |
| CCIIW Cohen Circle Acq II -30 | *W EXP 07/01/203 | 112,500 | $79K | No change |
| FSHPR Flag Ship Acquisition Corp. | RIGHT 03/31/2026 | 377,000 | $75K | No change |
| ESHAR Esh Acquisition Corp. - Right | RIGHT 06/13/2028 | 300,000 | $75K | No change |
| SPKWF Spark I Acquisition Corp.-28 | *W EXP 10/01/203 | 225,000 | $71K | No change |
| QSEAR Quartzsea Acquisition Corp. | RIGHT 02/18/2030 | 350,000 | $70K | No change |
| LAFAR Lafayette Acquisition Corp. | RIGHT 10/24/2030 | 500,000 | $68K | New |
| COLAR Columbus Acquisition Corp. | RIGHT 99/99/9999 | 200,000 | $67K | No change |
| NSTR.WS Viking Acquisition Corp. I | *W EXP 11/03/203 | 166,666 | $67K | New |
| PACHW Pioneer Acquisition I Corp. | *W EXP 06/16/203 | 250,000 | $65K | No change |
| ASPCR A Spac III Acquisition Corp. | RIGHT 01/02/2026 | 340,000 | $65K | No change |
| NOEMR CO2 Energy Transition Co.-RTS | RIGHT 10/15/2028 | 290,000 | $64K | No change |
| TGE.WS Generation Essentials - 30 | *W EXP 02/15/202 | 366,666 | $64K | No change |
| CRACW Crown Reserve Acquisition Co. | *W EXP 10/06/203 | 745,000 | $63K | New |
| CAPNR Cayson Acquisition Corp. | RIGHT 99/99/9999 | 275,000 | $63K | No change |
| UYSCR Uy Scuti Acquisition Corp. | RIGHT 03/03/2030 | 225,000 | $61K | No change |
| MKLYR McKinley Acquisition Corp. | RIGHT 07/25/2030 | 450,000 | $58K | No change |
| OBAWW Oxley Bridge Acq Ltd. -30 | *W EXP 06/17/203 | 250,000 | $55K | No change |
| FIGXW Figx Capital Acquisition Cor | *W EXP 06/17/203 | 200,000 | $55K | No change |
| SSEAR Starry Sea Acquisition C-RTS | RIGHT 07/07/2030 | 250,000 | $54K | No change |
| HVMCW Highview Merger Corp. - 30 | *W EXP 07/24/203 | 200,000 | $54K | No change |
| SOULPOWER ACQUISITION CORP | RIGHT 99/99/9999 | 300,000 | $54K | No change |
| DNMXW Dynamix Corp. III | *W EXP 10/10/203 | 150,000 | $54K | New |
| BAYAR Bayview Acquisition Corp. | RIGHT 11/17/2028 | 270,000 | $53K | No change |
| NAMMW Namib Minerals | *W EXP 06/05/203 | 700,754 | $53K | No change |
| ALCWF Alchemy Investments Acqui-28 | *W EXP 11/30/202 | 250,000 | $53K | No change |
| NOEMW CO2 Energy Transition -28 | *W EXP 08/17/202 | 290,000 | $49K | No change |
| LCCCR Lakeshore Acquisition III Co. | RIGHT 08/01/2026 | 200,000 | $48K | No change |
| SZZLR Sizzle Acquisition Corp. -RTS | RIGHT 04/02/2030 | 300,000 | $48K | No change |
| EURKR Eureka Acquisition Corp.-RTS | RIGHT 07/03/2026 | 125,000 | $48K | No change |
| WSTNR Westin Acquisition Corp.-RTS | RIGHT 09/17/2030 | 250,000 | $45K | New |
| RMCOW American Acq Class A -CW26 | *W EXP 10/31/202 | 344,874 | $45K | No change |
| FUSEW CSLM Holdings Inc. - 30 | *W EXP 10/22/203 | 635,166 | $44K | New |
| YHNAR YHN Acquisition I Ltd. | RIGHT 08/15/2029 | 290,000 | $44K | No change |
| AMODW Insight Acquisition Co. -CW23 | *W EXP 12/13/202 | 869,226 | $44K | Reduce -2.4% |
| RAAQW REAL ASSET AQC Corp -30 | *W EXP 04/24/203 | 100,000 | $43K | No change |
| CYCUW Cycurion Inc.-CW27 | *W EXP 02/13/203 | 1,250,000 | $43K | No change |
| DAAQW Digital Asset Acquisition-30 | *W EXP 04/01/203 | 100,000 | $40K | No change |
| RNGTW Range Capital Acquisition Co. | *W EXP 09/29/203 | 125,000 | $40K | New |
| IBACR Ib Acquisition Corp.-RTS | RIGHT 09/28/2026 | 500,000 | $39K | No change |
| WENNW Wen Acquisition Corp.-A -31 | *W EXP 99/99/999 | 125,000 | $39K | No change |
| KFIIR K&F Growth Acquisition Corp. | RIGHT 08/29/2031 | 250,000 | $36K | No change |
| OAKUR Oak Woods Acquisition Cor-RT | RIGHT 03/23/2028 | 135,000 | $34K | No change |
| NPACW New Providence Acq A -CW28 | *W EXP 04/24/203 | 66,666 | $34K | No change |
| ATMCW Alphatime Acquisition Cor-28 | *W EXP 03/01/202 | 475,000 | $33K | No change |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 | 915,973 | $33K | No change |
| CHPGR Championsgate Acquisition Co. | RIGHT 05/14/2030 | 175,000 | $32K | No change |
| RAINW Rain Enhancement-CW 29 | *W EXP 12/31/202 | 119,810 | $32K | Reduce -71.5% |
| PCAPW Procap Acq Corp. A -30 | *W EXP 05/16/203 | 83,333 | $31K | No change |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | 700,000 | $29K | No change |
| OPTXW Omnilit Acquisition Class A -23 | *W EXP 99/99/999 | 121,775 | $29K | Reduce -45.1% |
| FOXXW 1OXX | *W EXP 09/26/202 | 231,937 | $29K | Reduce -17.2% |
| BSAAR Best Spac I Acquisition - RT | RIGHT 05/27/2030 | 185,000 | $28K | No change |
| RFAIR RF Acquisition Corp. II | RIGHT 05/01/2026 | 225,000 | $27K | No change |
| DAICW Cid Holdco Inc. -26 | *W EXP 12/31/202 | 312,500 | $26K | No change |
| BKHAR Black Hawk Acquisition C-RTS | RIGHT 06/20/2025 | 20,000 | $26K | No change |
| APACR Stonebridge Acquisition II C | RIGHT 09/09/2030 | 150,000 | $25K | No change |
| ONMDW Data Knights Acq Class A -CW28 | *W EXP 11/07/202 | 256,916 | $24K | Reduce -28.0% |
| NXATW K Wave Media Ltd.-28 | *W EXP 05/14/203 | 750,000 | $24K | No change |
| GCLWW GCL Global Holdings-A -CW26 | *W EXP 02/13/203 | 852,580 | $22K | No change |
| QETAR Quetta Acquisition Corp.-RTS | RIGHT 99/99/9999 | 10,000 | $20K | No change |
| CHECW Chenghe Acquisition III Co. | *W EXP 09/09/203 | 100,000 | $20K | No change |
| GTERR Globa Terra Acquisition-RTS | RIGHT 06/17/2030 | 150,000 | $20K | No change |
| SLXNW Biomotion Sciences-CW29 | *W EXP 08/15/202 | 743,475 | $19K | No change |
| KVAWF Keen Vision Acquisition C-28 | *W EXP 03/15/202 | 367,000 | $19K | No change |
| LPAAW Launch One Acquisition - 29 | *W EXP 06/01/203 | 75,000 | $19K | No change |
| OSRHW Bellevue Life Sciences-WRNT | *W EXP 02/09/202 | 360,000 | $17K | No change |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | 280,100 | $17K | No change |
| RMSGW Real Messenger Corp.-28 | *W EXP 11/19/202 | 363,837 | $17K | No change |
| ABLVW Able View Global Inc.-28 | *W EXP 08/18/202 | 600,000 | $15K | No change |
| MRNOW Murano Global BV-28 | *W EXP 03/19/202 | 569,000 | $15K | No change |
| GTERW Globa Terra Acquisition - 30 | *W EXP 06/17/203 | 112,500 | $14K | No change |
| EONR.WS HNR Acquisition Corp. -CW23 | *W EXP 11/15/202 | 290,827 | $14K | No change |
| PBMWW Psyence Biomedical Ltd. | *W EXP 01/22/202 | 733,000 | $14K | No change |
| LATAW Galata Acquisition Corp. - 30 | *W EXP 09/12/203 | 33,333 | $13K | No change |
| KRSP.WS Rice Acquisition Corp. 3 | *W EXP 99/99/999 | 16,666 | $13K | New |
| FVNNR Future Vision II Acquisi-RTS | RIGHT 06/29/2029 | 100,000 | $13K | No change |
| COCHW Envoy Medical Inc.-CW27 | *W EXP 09/29/202 | 297,100 | $12K | No change |
| NVNWF Nvni Group Ltd.-28 | *W EXP 11/01/202 | 187,423 | $12K | No change |
| WTGUR Wintergreen Acquisition-RT | RIGHT 99/99/9999 | 75,000 | $11K | No change |
| NIVFW Newgenivf Group Ltd.-28 | *W EXP 04/03/202 | 637,966 | $11K | No change |
| ECD AUTOMOTIVE DESIGN INC | *W EXP 12/12/202 | 990,000 | $10K | No change |
| BKSYW Blacksky Technology -CW24 | *W EXP 09/09/202 | 175,000 | $10K | No change |
| KIDZW Classover Holdings Inc. - 30 | *W EXP 04/03/203 | 785,874 | $9K | No change |
| COOTW Australian Oilseeds Holdi-29 | *W EXP 03/22/202 | 571,936 | $9K | Reduce -9.1% |
| DSYWW Big Tree Cloud Holdings -29 | *W EXP 05/31/202 | 332,000 | $8K | No change |
| UCFIW Iron Horse Acquisition Co.-29 | *W EXP 09/30/203 | 75,000 | $8K | No change |
| ABPWW Atlantic Coast Acq -CW23 | *W EXP 11/12/202 | 378,328 | $6K | No change |
| ZOOZW Zooz Strategy Ltd.-29 | *W EXP 04/02/202 | 148,000 | $6K | Reduce -1.3% |
| BDMDW Baird Medical Investment -28 | *W EXP 10/01/202 | 100,000 | $6K | No change |
| OAKUW Oak Woods Acquisition -28 | *W EXP 99/99/999 | 135,000 | $5K | No change |
| CDTTW Murphy Canyon Acq-CW27 | *W EXP 09/22/202 | 950,000 | $5K | No change |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 64,611 | $5K | Reduce -1.2% |
| SCAGW Scage Future -30 | *W EXP 05/15/203 | 75,000 | $5K | No change |
Largest 200 of 209 shown.
Total filed on the 13F, all lines: $5.0B.
Portfolio Sells Q3 2025 → Q4 2025
| PHYS Sprott Physical Gold Trust | Reduce -36.6% | 5.14% | −3.13 |
| VRNA Verona Pharma Ltd. | Sold out | 0.00% | −3.03 |
| HD Home Depot Inc. | Reduce -94.1% | 0.09% | −1.92 |
| WNS WNS Holdings Ltd. | Sold out | 0.00% | −1.63 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −1.46 |
| QUBT Quantum Computing Inc. | Sold out | 0.00% | −1.42 |
| AVDX Avidxchange Holdings Inc. | Sold out | 0.00% | −1.24 |
| COOP Mr Cooper Group Inc. | Sold out | 0.00% | −0.97 |
| K Kellanova | Sold out | 0.00% | −0.84 |
| UPXI Upexi Inc. | Sold out | 0.00% | −0.84 |
| AAPL Apple Inc. | Reduce -40.4% | 1.05% | −0.83 |
| ORCL Oracle Corp. | Reduce -66.4% | 0.21% | −0.82 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.75 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.73 |
| MTSI Macom Technology Solutions H | Reduce -74.7% | 0.32% | −0.72 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.72 |
| ANET Arista Networks Inc. | Reduce -41.6% | 0.59% | −0.69 |
| INFA Informatica Inc. Class A | Sold out | 0.00% | −0.69 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.60 |
| MCO Moody's Corp. | Reduce -50.5% | 0.48% | −0.55 |
| IPG Interpublic Group of Cos Inc. | Sold out | 0.00% | −0.53 |
| FYBR Frontier Communications Pare | Reduce -33.3% | 0.78% | −0.53 |
| ENTG Entegris Inc. | Reduce -58.7% | 0.26% | −0.52 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.50 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.45 |
| OLED Universal Display Corp. | Reduce -37.4% | 0.35% | −0.43 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −0.42 |
| HSDT Solana Co. | Reduce -89.3% | 0.02% | −0.41 |
| WTFC Wintrust Financial Corp. | Sold out | 0.00% | −0.41 |
| T AT&T Inc. | Sold out | 0.00% | −0.41 |
| NOK Nokia Corp.-Spon ADR | Sold out | 0.00% | −0.35 |
| SITM Sitime Corp. | Reduce -56.6% | 0.27% | −0.34 |
| SIMO Silicon Motion Technol-ADR | Sold out | 0.00% | −0.34 |
| EWZ iShares MSCI Brazil ETF | Sold out | 0.00% | −0.33 |
| BAC Bank of America Corp. | Reduce -85.1% | 0.05% | −0.31 |
| IAS Integral Ad Science Holding | Sold out | 0.00% | −0.30 |
| BRR Columbus Circle Capital Co. Class A | Sold out | 0.00% | −0.30 |
| MATW Matthews Intl Corp. Class A | Reduce -87.6% | 0.04% | −0.27 |
| GLW Corning Inc. | Sold out | 0.00% | −0.27 |
| XSCDX LMP Capital and Income Fund | Sold out | 0.00% | −0.25 |
| SPOT Spotify Technology SA | Reduce -42.6% | 0.18% | −0.25 |
| IBIT iShares Bitcoin Trust ETF | Reduce -24.8% | 0.26% | −0.25 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.25 |
| XJQCX Nuveen Credit Strategies Inc. | Sold out | 0.00% | −0.24 |
| NDAQ Nasdaq Inc. | Reduce -39.0% | 0.33% | −0.23 |
| BHK BlackRock Core Bond Trust | Sold out | 0.00% | −0.23 |
| MRLN Merlin Inc. | Sold out | 0.00% | −0.23 |
| TECH Bio-Techne Corp. | Sold out | 0.00% | −0.22 |
| META Meta Platforms Inc. Class A | Reduce -19.9% | 0.38% | −0.22 |
| CSQ Calamos Strat TTL RTRN FND | Sold out | 0.00% | −0.22 |
Portfolio Buys Q3 2025 → Q4 2025
| AMZN Amazon.com Inc. | New | 4.15% | +4.15 |
| PLTR Palantir Technologies Inc. Class A | New | 2.56% | +2.56 |
| DAY Dayforce Inc. | New | 2.21% | +2.21 |
| GOOG Alphabet Inc. Class C | New | 1.94% | +1.94 |
| CMA Comerica Inc. | New | 1.76% | +1.76 |
| AMD Advanced Micro Devices | New | 1.47% | +1.47 |
| EXAS Exact Sciences Corp. | New | 1.37% | +1.37 |
| TSLA Tesla Inc. | Add +297.1% | 1.85% | +1.33 |
| COP Conocophillips | New | 1.32% | +1.32 |
| CDTX Cidara Therapeutics Inc. | New | 1.23% | +1.23 |
| CADE Cadence Bank | Add +10672.6% | 1.08% | +1.07 |
| RNAM Avidity Biosciences Inc. | New | 0.98% | +0.98 |
| SNV Synovus Financial Corp. | Add +1179.2% | 1.07% | +0.98 |
| MRSH Marsh & McLennan Cos | New | 0.95% | +0.95 |
| HOLX Hologic Inc. | New | 0.93% | +0.93 |
| CWAN Clearwater Analytics HDS-A | New | 0.88% | +0.88 |
| EA Electronic Arts Inc. | Add +173.1% | 1.50% | +0.88 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.78% | +0.78 |
| CFLT Confluent Inc. Class A | New | 0.68% | +0.68 |
| ADBE Adobe Inc. | Add +114.3% | 1.35% | +0.63 |
| MSFT Microsoft Corp. | New | 0.62% | +0.62 |
| NVDA Nvidia Corp. | Add +40.1% | 3.26% | +0.61 |
| HI Hillenbrand Inc. | New | 0.55% | +0.55 |
| CRDO Credo Technology Group Holdi | New | 0.54% | +0.54 |
| CCXIU Churchill Capital Corp. Xi | New | 0.53% | +0.53 |
| DYOR Insight Digital Partners I-A | New | 0.38% | +0.38 |
| CRAC Crown Reserve Acquisiti Class A | New | 0.38% | +0.38 |
| EVR Evercore Inc. Class A | New | 0.37% | +0.37 |
| CYBR Cyberark Software Ltd./Israel | Add +48.7% | 2.15% | +0.37 |
| SCHW Schwab (charles) Corp. | New | 0.37% | +0.37 |
| KEY Keycorp | New | 0.36% | +0.36 |
| MESHU Meshflow Acquisition Corp. | New | 0.35% | +0.35 |
| USAS Americas Gold and Silver Cor | New | 0.33% | +0.33 |
| NSC Norfolk Southern Corp. | New | 0.33% | +0.33 |
| LYV Live Nation Entertainment Inc. | New | 0.33% | +0.33 |
| CHAC Crane Harbor Acqu Corp. Class A | Add +282.4% | 0.45% | +0.32 |
| SNAP Snap Inc. Class A | New | 0.32% | +0.32 |
| GTLS Chart Industries Inc. | Add +74.6% | 0.83% | +0.31 |
| FICO Fair Isaac Corp. | New | 0.30% | +0.30 |
| FLG Flagstar Bank NA | Add +243.5% | 0.38% | +0.27 |
| ALUB.U Alussa Energy Acquisition Co. | New | 0.26% | +0.26 |
| CRANU Crane Harbor Acquisition Cor | New | 0.26% | +0.26 |
| VZ Verizon Communications Inc. | New | 0.26% | +0.26 |
| LPCVU Launchpad Cadenza Acquisitio | New | 0.26% | +0.26 |
| ADACU American Drive Acquisition C | New | 0.26% | +0.26 |
| PRMB Primo Brands Corp. | New | 0.25% | +0.25 |
| FITB Fifth Third Bancorp | New | 0.23% | +0.23 |
| TFC Truist Financial Corp. | New | 0.23% | +0.23 |
| AMAT Applied Materials Inc. | New | 0.22% | +0.22 |
| CHKP Check Point Software Tech | New | 0.22% | +0.22 |
Options Activity Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -6.1% | 1,350,000 | $920.6M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -41.6% | 445,000 | $303.5M |
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -85.2% | 357,900 | $219.9M |
| AMZN Amazon.com Inc. | put | New | 600,000 | $138.5M |
| NVDA Nvidia Corp. | put | Add +29.9% | 580,000 | $108.2M |
| PLTR Palantir Technologies Inc. Class A | put | New | 560,000 | $99.5M |
| NVDA Nvidia Corp. | call | New | 495,300 | $92.4M |
| GOOG Alphabet Inc. Class C | put | New | 240,000 | $75.3M |
| TSLA Tesla Inc. | put | Add +255.6% | 160,000 | $72.0M |
| HD Home Depot Inc. | put | Sold out | 160,000 | $64.8Mbefore exit |
| EEM iShares MSCI Emerging Market | put | New | 1,000,000 | $54.7M |
| ADBE Adobe Inc. | put | Add +114.3% | 150,000 | $52.5M |
| COP Conocophillips | put | New | 550,000 | $51.5M |
| AVGO Broadcom Inc. | put | Sold out | 150,000 | $49.5Mbefore exit |
| IWM iShares Russell 2000 ETF | put | Add +153.3% | 190,000 | $46.8M |
| TSLA Tesla Inc. | call | Reduce -16.7% | 100,000 | $45.0M |
| ANET Arista Networks Inc. | put | Sold out | 300,000 | $43.7Mbefore exit |
| AMD Advanced Micro Devices | put | New | 200,000 | $42.8M |
| AAPL Apple Inc. | put | Reduce -28.6% | 150,000 | $40.8M |
| IBIT iShares Bitcoin Trust ETF | call | New | 750,000 | $37.2M |
| MRSH Marsh & McLennan Cos | put | New | 200,000 | $37.1M |
| ETHA iShares Ethereum Trust ETF | call | New | 1,580,000 | $35.4M |
| ORCL Oracle Corp. | put | Sold out | 125,000 | $35.2Mbefore exit |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | put | Sold out | 300,000 | $33.4Mbefore exit |
| GOOG Alphabet Inc. Class C | call | New | 100,000 | $31.4M |
| META Meta Platforms Inc. Class A | put | Sold out | 42,500 | $31.2Mbefore exit |
| AVGO Broadcom Inc. | call | New | 89,200 | $30.9M |
| BRK.B Berkshire Hathaway Inc. Class B | put | New | 60,000 | $30.2M |
| ETH Grayscale Ethereum Staking M | call | Reduce -34.6% | 1,000,000 | $28.1M |
| SMH Vaneck Semiconductor ETF | put | Reduce -62.3% | 76,500 | $27.5M |
| COIN Coinbase Global Inc. Class A | call | Sold out | 80,000 | $27.0Mbefore exit |
| WMT Walmart Inc. | put | Sold out | 250,000 | $25.8Mbefore exit |
| IWM iShares Russell 2000 ETF | call | New | 100,000 | $24.6M |
| MSFT Microsoft Corp. | put | New | 50,000 | $24.2M |
| LRCX Lam Research Corp. | put | Sold out | 175,000 | $23.4Mbefore exit |
| QCOM Qualcomm Inc. | call | New | 133,900 | $22.9M |
| ETHA iShares Ethereum Trust ETF | put | New | 1,000,000 | $22.4M |
| ISRG Intuitive Surgical Inc. | put | Sold out | 45,500 | $20.3Mbefore exit |
| AMZN Amazon.com Inc. | call | Sold out | 90,100 | $19.8Mbefore exit |
| MSI Motorola Solutions Inc. | call | New | 50,600 | $19.4M |
| MCO Moody's Corp. | put | Sold out | 40,000 | $19.1Mbefore exit |
| IBIT iShares Bitcoin Trust ETF | put | New | 360,000 | $17.9M |
| WBD Warner Bros Discovery Inc. | put | Sold out | 900,000 | $17.6Mbefore exit |
| APH Amphenol Corp. Class A | call | Sold out | 140,000 | $17.3Mbefore exit |
| SPOT Spotify Technology SA | put | Sold out | 21,200 | $14.8Mbefore exit |
| ORCL Oracle Corp. | call | New | 75,600 | $14.7M |
| OLED Universal Display Corp. | call | New | 126,000 | $14.7M |
| TTD Trade Desk Inc./the Class A | put | Sold out | 300,000 | $14.7Mbefore exit |
| AMAT Applied Materials Inc. | call | Sold out | 70,000 | $14.3Mbefore exit |
| ROKU Roku Inc. | put | Sold out | 132,700 | $13.3Mbefore exit |
Showing the first 50 of 94.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Add +0.5% | 61,775,000 | $255.5M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Add +185.7% | 100,000,000 | $121.8M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Sold out | 25,000,000 | $72.0Mbefore exit |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | Reduce -16.2% | 70,000,000 | $70.9M |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | Sold out | 46,901,000 | $61.1Mbefore exit |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Add +42.9% | 50,000,000 | $54.9M |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | New | 40,000,000 | $42.1M |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | Sold out | 30,000,000 | $32.4Mbefore exit |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | Sold out | 20,000,000 | $22.3Mbefore exit |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Add +17.5% | 2,629,086 | $22.2M |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | Reduce -33.3% | 20,000,000 | $21.1M |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | Sold out | 18,500,000 | $18.1Mbefore exit |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | New | 16,600,000 | $17.3M |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | Reduce -12.5% | 17,500,000 | $17.0M |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | Sold out | 16,000,000 | $15.9Mbefore exit |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | Sold out | 10,000,000 | $15.8Mbefore exit |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Reduce -85.5% | 6,129,000 | $15.5M |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | Sold out | 15,000,000 | $15.3Mbefore exit |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Reduce -60.0% | 10,000,000 | $13.7M |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | Sold out | 10,000,000 | $11.8Mbefore exit |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Reduce -66.7% | 10,000,000 | $10.1M |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | New | 9,000,000 | $8.8M |
| COGENT BIOSCIENCES INC (COGT 1.625 11/15/31) | NOTE 1.625%11/1 · principal | New | 7,500,000 | $8.8M |
| ANI PHARMACEUTICALS INC (ANIP 2.25 09/01/29) | NOTE 2.250% 9/0 · principal | Sold out | 6,000,000 | $8.4Mbefore exit |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | New | 7,987,000 | $8.2M |
| GSRTR GSR III Acquisition Corp. | RIGHT 99/99/9999 | Sold out | 282,857 | $2.4Mbefore exit |
| CHACR Crane Harbor Acquisition-RTS | RIGHT 04/17/2030 | Add +431.1% | 2,257,200 | $1.8M |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | Reduce -2.2% | 1,222,427 | $898K |
| BRRWW Columbus Circle Capital -30 | *W EXP 05/16/203 | Sold out | 375,000 | $450Kbefore exit |
| GSRFR GSR IV Acquisition Corp.-RTS | RIGHT 08/22/2030 | Reduce -0.1% | 171,428 | $408K |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | Sold out | 300,000 | $390Kbefore exit |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | Reduce -1.7% | 2,854,274 | $317K |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | Sold out | 600,000 | $312Kbefore exit |
| CRACR Crown Reserve Acquisitio-RTS | RIGHT 10/06/2030 | New | 1,490,000 | $283K |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | Sold out | 175,000 | $280Kbefore exit |
| GIWWR GIGCAPITAL8 Corp.-RTS | RIGHT 09/30/2030 | New | 850,000 | $264K |
| SVIAW Procap Financial Inc. | *W EXP 12/05/203 | New | 375,000 | $248K |
| DYORW Insight Digital Partners II | *W EXP 10/28/203 | New | 749,500 | $247K |
| TVACW Texas Ventures Acq -31 | *W EXP 04/23/203 | Sold out | 200,000 | $220Kbefore exit |
| SHMDW Schmid Group NV -28 | *W EXP 04/30/202 | Sold out | 619,762 | $167Kbefore exit |
| AI INFRASTRUCTURE ACQUISITIO | RIGHT 99/99/9999 | New | 600,000 | $156K |
| HOVRW Pono Capital Three Inc.-A-28 | *W EXP 02/14/202 | Sold out | 400,800 | $156Kbefore exit |
| DFDVW Defi Development Corp. | *W EXP 01/21/202 | New | 99,999 | $151K |
| BGLWW Blue Gold Ltd. | *W EXP 04/01/203 | Sold out | 306,052 | $147Kbefore exit |
| ALISR Calisa Acquisition Corp. | RIGHT 09/11/2030 | New | 300,000 | $146K |
| SBCWW Pono Capital Two Inc. -27 | *W EXP 09/17/202 | Reduce -12.7% | 685,700 | $143K |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | Sold out | 500,000 | $140Kbefore exit |
| LKSPR Lake Superior Acquisition Co. | RIGHT 09/19/2030 | New | 60,000 | $117K |
| HPAIW Helport AI Ltd. -29 | *W EXP 03/31/202 | Reduce -18.3% | 670,835 | $112K |
| APXTW Apex Treasury Corp. -30 | *W EXP 10/07/203 | New | 375,000 | $104K |
Showing the first 50 of 89.
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 | 509 | $4.1B | MSFT, TD, SLF, MFC, SPY |
| Q1 2026 | 420 | $3.1B | NVDA, CWAN, OS, TPH, EA |
| Q4 2025 | 419 | $3.9B | PHYS, AMZN, NVDA, PLTR, DAY |
| Q3 2025Amended | 398 | $3.4B | PHYS, VRNA, NVDA, HD, AAPL |
| Q2 2025 | 379 | $3.0B | PHYS, SKX, DNB, AZEK, PSLV |
| Q1 2025 | 303 | $2.2B | PHYS, PSLV, MDT, ITCI, PDCO |
| Q4 2024Amended | 441 | $5.1B | IVV, NVDA, MSFT, AMZN, AAPL |
| Q3 2024 | 467 | $2.9B | PHYS, PSLV, EDR, PODD, PWSC |
| Q2 2024 | 438 | $2.6B | PHYS, PSLV, BDX, ISRG, PODD |
| Q1 2024 | 468 | $2.8B | PHYS, SPY, PODD, PSLV, PXD |