Q Global Advisors, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Q Global Advisors, LLC reported 10 stock positions worth $117.2 million. Its top holding was Ascendis Pharma A/S (ASND) at 37.5% of the portfolio, followed by iShares Russell 2000 ETF (IWM, 36.8%) and Transdigm (TDG, 8.1%). Compared with Q1 2025, it opened 1 new position, sold out of 1, added to 3 and reduced 3. The biggest buy was Ascendis Pharma A/S (ASND, shares +2%) and the biggest sale an exit from SS SPDR S&P 500 ETF Trust-US (SPY).
- Most Recent 13F
- Q2 2026
- Location
- FORT WORTH, TX
- CIK
- 0001469589
- Portfolio Value
- $117.2M (Q2 2025)
- SEC Filing
- 0001167376-25-000011 ↗ filed Aug 14, 2025
Holdings Value
Holdings 10 stocks · $117.2M
| ASND Ascendis Pharma A/S | 37.54% | 255,000 | $44.0M | Add +2.5% |
| IWM iShares Russell 2000 ETF | 36.81% | 200,000 | $43.2M | Reduce -6.9% |
| TDG Transdigm Group Inc. | 8.14% | 6,276 | $9.5M | Reduce -14.3% |
| HLF Herbalife Ltd. | 5.14% | 698,602 | $6.0M | Add +57.1% |
| TRTX TPG Re Finance Trust Inc. | 3.40% | 516,832 | $4.0M | New |
| ENVA Enova International Inc. | 3.39% | 35,593 | $4.0M | Add +88.0% |
| RCL Royal Caribbean Cruises Ltd. | 1.69% | 6,319 | $2.0M | Reduce -53.3% |
| MCHI iShares MSCI China ETF | 1.67% | 35,468 | $2.0M | No change |
| CQQQ Invesco China Technology ETF | 1.52% | 40,250 | $1.8M | No change |
| XBI SS SPDR S&P Biotech ETF | 0.71% | 10,000 | $829K | No change |
Other holdings (40): bonds, preferreds, convertibles and warrants · $1.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DMYYW DMY Squared Technology GR-27 | *W EXP 99/99/999 | 215,971 | $413K | No change |
| RZLVW Rezolve AI PLC -CW27 | *W EXP 08/15/202 | 150,000 | $165K | No change |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | 203,778 | $145K | No change |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | 332,842 | $128K | No change |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 50,090 | $100K | No change |
| CNCKW Coincheck Group NV | *W EXP 12/11/202 | 89,237 | $78K | No change |
| MDAIW Spectral AI -CW27 | *W EXP 09/11/202 | 100,000 | $70K | No change |
| NAMMW Namib Minerals | *W EXP 06/05/203 | 358,060 | $70K | New |
| SLND.WS Legato Merger Corp. II -CW23 | *W EXP 02/14/202 | 163,529 | $52K | No change |
| CLSKW Cleanspark Inc.-29 | *W EXP 12/29/202 | 100,000 | $43K | No change |
| MRNOW Murano Global BV-28 | *W EXP 03/19/202 | 218,153 | $43K | No change |
| FBYDW Falcon's Beyond Global-27 | *W EXP 10/06/202 | 43,911 | $36K | No change |
| GRRRW Gorilla Technology Group-CW | *W EXP 99/99/999 | 43,676 | $33K | No change |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | 204,670 | $29K | No change |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | 50,000 | $25K | Reduce -46.0% |
| MNYWW Moneyhero Ltd.-28 | *W EXP 09/13/202 | 470,085 | $22K | No change |
| BRLSW Oxus Acquisition Corp. -CW23 | *W EXP 02/07/202 | 224,685 | $20K | No change |
| NUAIW New Era Helium Inc. -29 | *W EXP 12/06/202 | 196,700 | $18K | No change |
| PSQH.WS Colombier Acq Class A -CW28 | *W EXP 07/19/202 | 60,000 | $13K | No change |
| TBLAW Taboola.com Ltd. -CW27 | *W EXP 99/99/999 | 50,000 | $12K | No change |
| AMODW Insight Acquisition Co. -CW23 | *W EXP 12/13/202 | 99,534 | $11K | No change |
| FLYX.WS Eg Acquisition Corp.-A -CW28 | *W EXP 99/99/999 | 113,099 | $11K | No change |
| RAINW Rain Enhancement-CW 29 | *W EXP 12/31/202 | 85,137 | $9K | No change |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | 132,146 | $9K | No change |
| WGSWW Genedx Holdings Corp. | *W EXP 07/22/202 | 111,701 | $8K | No change |
| RDZNW Vahanna Tech Edge -CW24 | *W EXP 11/30/202 | 150,816 | $8K | No change |
| NVNWF Nvni Group Ltd.-28 | *W EXP 11/01/202 | 130,872 | $7K | No change |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 | 194,164 | $6K | No change |
| BDMDW Baird Medical Investment -28 | *W EXP 10/01/202 | 72,992 | $6K | No change |
| DAICW Cid Holdco Inc. -26 | *W EXP 12/31/202 | 59,602 | $5K | New |
| COCHW Envoy Medical Inc.-CW27 | *W EXP 09/29/202 | 129,120 | $5K | No change |
| LAKESHORE BIOPHARMA CO LTD | *W EXP 03/15/202 | 130,600 | $5K | No change |
| CEROW Phoenix Biotech Acq -CW26 | *W EXP 02/13/202 | 170,785 | $4K | No change |
| CGBWF Crown LNG Holdings Ltd.-28 | *W EXP 07/09/202 | 125,488 | $4K | No change |
| BSLKW Golden Arrow Merger A -CW26 | *W EXP 08/13/202 | 106,937 | $3K | No change |
| LNZAW Amci Acquisition II A -CW28 | *W EXP 01/01/202 | 106,974 | $3K | No change |
| CRPWF Carbon Revolution PLC | *W EXP 99/99/999 | 105,521 | $2K | No change |
| ADVWW Advantage Solutions in-CW25 | *W EXP 10/28/202 | 39,401 | $1K | No change |
| ECXWW Ecarx Holdings Inc. Class A-27 | *W EXP 99/99/999 | 19,614 | $1K | No change |
| SCAGW Scage Future -30 | *W EXP 05/15/203 | 211,287 | $0 | New |
Total filed on the 13F, all lines: $118.9M.
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
Notes & Other Activity Q1 2025 → Q2 2025
| SKGRW SK Growth Opportunities -29 | *W EXP 06/28/202 | Sold out | 111,451 | $72Kbefore exit |
| NAMMW Namib Minerals | *W EXP 06/05/203 | New | 358,060 | $70K |
| HCVIW Hennessy Capital Inv A -CW27 | *W EXP 99/99/999 | Sold out | 358,060 | $54Kbefore exit |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | Reduce -46.0% | 50,000 | $25K |
| GATEW Marblegate Acquisition -CW22 | *W EXP 08/31/202 | Sold out | 52,549 | $8Kbefore exit |
| DAICW Cid Holdco Inc. -26 | *W EXP 12/31/202 | New | 59,602 | $5K |
| REEWF Cartesian Growth Corp. II -28 | *W EXP 07/12/202 | Sold out | 46,740 | $3Kbefore exit |
| SCAGW Scage Future -30 | *W EXP 05/15/203 | New | 211,287 | $0 |
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 | 14 | $145.7M | ASND, MSFT, BX, GOOG, AMZN |
| Q1 2026 | 14 | $102.7M | ASND, SPY, ENVA, CCL, TDG |
| Q4 2025 | 14 | $101.0M | ASND, ENVA, SPY, TDG, NCLH |
| Q3 2025 | 6 | $62.3M | ASND, ENVA, TDG, TRTX, HLF |
| Q2 2025 | 10 | $117.2M | ASND, IWM, TDG, HLF, TRTX |
| Q1 2025 | 10 | $121.8M | IWM, ASND, SPY, TDG, HLF |
| Q4 2024Amended | 9 | $95.6M | ASND, MODVQ, PRKS, TDG, NICE |
| Q3 2024 | 10 | $113.0M | ASND, PRKS, XBI, MODVQ, CQQQ |
| Q2 2024 | 16 | $139.6M | ASND, PRKS, XBI, MODVQ, BLDR |
| Q1 2024 | 20 | $261.2M | SPY, IWM, ASND, PRKS, XBI |