Quarry LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Quarry LP reported 1,568 stock positions worth $381.8 million. Its top holding was Discover Financial Services (DFS) at 5.5% of the portfolio, followed by Championx (CHX, 5.3%) and Hess (HES, 4.9%). Compared with Q4 2024, it opened 482 new positions, sold out of 468, added to 605 and reduced 433. The biggest buy was Championx (CHX, shares +329%) and the biggest sale Nvidia (NVDA, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001965207
- Portfolio Value
- $381.8M (Q1 2025)
- SEC Filing
- 0001965207-25-000005 ↗ filed May 15, 2025
Holdings Value
Holdings 1,568 stocks · $381.8M
| DFS Discover Financial Services | 5.52% | 123,468 | $21.1M | Add +275.7% |
| CHX Championx Corp. | 5.30% | 679,200 | $20.2M | Add +329.2% |
| HES Hess Corp. | 4.94% | 118,181 | $18.9M | Add +259.8% |
| IPG Interpublic Group of Cos Inc. | 2.27% | 319,762 | $8.7M | Add +393.1% |
| BZAI Blaize Holdings Inc. | 2.25% | 675,464 | $8.6M | New |
| AAM Aa Mission Acquisition Cor-A | 1.91% | 700,000 | $7.3M | No change |
| SPR Spirit Aerosystems Hold Class A | 1.84% | 203,434 | $7.0M | Add +11485.1% |
| DMAA Drugs Made in America Acquis | 1.71% | 650,000 | $6.5M | New |
| FYBR Frontier Communications Pare | 1.35% | 144,193 | $5.2M | Add +7131.3% |
| ANSC Agriculture & Natural Soluti | 1.28% | 459,364 | $4.9M | Add +15.1% |
| BTX BlackRock Tech & Priv Eqty | 1.26% | 767,370 | $4.8M | Add +49.9% |
| ACP Abrdn Income Credit Strat | 1.24% | 806,752 | $4.8M | Add +26.1% |
| ZTR Virtus Total Return Fund Inc. | 0.97% | 618,824 | $3.7M | Reduce -19.3% |
| AVK Advent Convert & Income | 0.88% | 290,621 | $3.4M | No change |
| BMEZ BlackRock HLTH Sci TRM TR II | 0.87% | 222,175 | $3.3M | Add +102.6% |
| TDAC Translational Development Ac | 0.79% | 300,000 | $3.0M | New |
| KVACF Keen Vision Acquisition Corp. | 0.77% | 261,109 | $2.9M | No change |
| EIX Edison International | 0.67% | 43,375 | $2.6M | Add +12.2% |
| SIMA Sim Acquisition Corp. I-A | 0.67% | 250,000 | $2.6M | No change |
| KFIIU K&F Growth Acquisition Corp. | 0.66% | 250,000 | $2.5M | New |
| MRLN Merlin Inc. filed as BLEICHROEDER ACQUISITION COR | 0.66% | 250,000 | $2.5M | No change |
| EURK Eureka Acquisition Corp. | 0.61% | 225,000 | $2.3M | Add +125.0% |
| NRG NRG Energy Inc. | 0.61% | 24,285 | $2.3M | Reduce -38.3% |
| SVIIF Spring Valley Acquisition-A | 0.60% | 200,000 | $2.3M | Reduce -33.3% |
| JVSA Jvspac Acquisition Corp. Class A | 0.60% | 214,461 | $2.3M | Add +1322.2% |
| FANG Diamondback Energy Inc. | 0.60% | 14,220 | $2.3M | Reduce -30.6% |
| EHI Western Asset Global High Inc. | 0.58% | 337,409 | $2.2M | No change |
| HAYMAKER ACQUISITION CORP 4 | 0.58% | 200,000 | $2.2M | No change |
| XJQCX Nuveen Credit Strategies Inc. | 0.57% | 404,217 | $2.2M | New |
| DTSQ DT Cloud Star Acquisition Co. | 0.54% | 200,000 | $2.1M | Add +100.0% |
| VACH Voyager Acquisition Corp. | 0.53% | 200,000 | $2.0M | New |
| CHEB Chenghe Acquisition II Co. | 0.53% | 196,000 | $2.0M | Add +62.0% |
| FSHP Flag Ship Acquisition Corp. | 0.51% | 188,688 | $1.9M | Add +2.8% |
| BRW Saba Capital Income & Opport | 0.49% | 239,596 | $1.9M | Reduce -13.3% |
| EFA iShares MSCI Eafe ETF | 0.48% | 22,500 | $1.8M | New |
| DYCQ DT Cloud Acquisition Corp. | 0.48% | 170,625 | $1.8M | No change |
| DMA Destra Multi-Alternative | 0.48% | 213,993 | $1.8M | Reduce -4.4% |
| DVN Devon Energy Corp. | 0.47% | 47,962 | $1.8M | Add +4804.1% |
| PCG P G & E Corp. | 0.46% | 102,109 | $1.8M | Add +1302.4% |
| AFJK Aimei Health Technology Co. | 0.45% | 157,081 | $1.7M | Add +4.7% |
| GLACF Global Lights Acquisition Co. | 0.44% | 156,000 | $1.7M | No change |
| BAYA Bayview Acquisition Corp. Class A | 0.43% | 150,000 | $1.6M | No change |
| OVV Ovintiv Inc. | 0.43% | 38,090 | $1.6M | Reduce -19.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.42% | 2,893 | $1.6M | New |
| BSII Black Spade Acquisition II C | 0.42% | 156,375 | $1.6M | New |
| ADM Archer-Daniels-Midland Co. | 0.41% | 32,536 | $1.6M | Reduce -45.2% |
| BEAGU Bold Eagle Acquisition Corp. | 0.41% | 150,000 | $1.5M | No change |
| RFMZ Rivernorth Flex Muni II | 0.40% | 115,149 | $1.5M | Reduce -3.9% |
| LPAA Launch One Acquisition Corp. | 0.40% | 150,000 | $1.5M | New |
| QSEAU Quartzsea Acquisition Corp. | 0.40% | 150,000 | $1.5M | New |
| ASPC A Spac III Acquisition Class A | 0.40% | 150,000 | $1.5M | New |
| HIX Western Asset High Inc. II | 0.35% | 316,544 | $1.3M | Add +48.7% |
| FORL Four Leaf Acquisition Cor-A | 0.34% | 114,097 | $1.3M | No change |
| DYNCU Dynamix Corp. | 0.34% | 126,973 | $1.3M | Add +0.8% |
| FACTU Fact II Acquisition Corp. | 0.33% | 125,100 | $1.3M | No change |
| MEGI Nylim CBRE GB Infra Mtrnd TF filed as NYLI CBRE GBL INFR MEGTRNDS | 0.32% | 92,887 | $1.2M | Reduce -45.8% |
| EMN Eastman Chemical Co. | 0.31% | 13,518 | $1.2M | Reduce -32.0% |
| AMZN Amazon.com Inc. | 0.29% | 5,762 | $1.1M | Add +1136.5% |
| CCIXU Churchill Capital Corp. Ix | 0.28% | 100,000 | $1.1M | No change |
| CONTEXTLOGIC INC - A | 0.28% | 152,184 | $1.1M | Reduce -5.8% |
| MET Metlife Inc. | 0.28% | 13,198 | $1.1M | Add +3373.2% |
| IBAC Ib Acquisition Corp. | 0.27% | 100,000 | $1.0M | New |
| MCK McKesson Corp. | 0.27% | 1,529 | $1.0M | Add +121.0% |
| ALDFU Aldel Financial II Inc. | 0.27% | 100,000 | $1.0M | No change |
| LOKVU Live Oak Acquisition Corp. V | 0.26% | 100,000 | $1.0M | New |
| MPC Marathon Petroleum Corp. | 0.26% | 6,839 | $996K | Reduce -27.2% |
| GOOGL Alphabet Inc. Class A | 0.26% | 6,435 | $995K | Add +2747.3% |
| NMAI Nuveen Multi-Asset Income | 0.25% | 79,200 | $952K | No change |
| LDOS Leidos Holdings Inc. | 0.25% | 7,028 | $948K | Reduce -72.3% |
| AEF Abrdn Emerging Markets Ex CH | 0.25% | 189,990 | $942K | New |
| HLT Hilton Worldwide Holdings Inc. | 0.25% | 4,139 | $942K | Add +88.2% |
| MAR Marriott International Class A | 0.24% | 3,924 | $935K | Add +426.0% |
| FMC FMC Corp. | 0.24% | 21,782 | $919K | Add +22.2% |
| META Meta Platforms Inc. Class A | 0.24% | 1,592 | $918K | Add +187.9% |
| HQL Abrdn Life Sciences Investor | 0.24% | 71,459 | $907K | Reduce -50.8% |
| IVCAF Libity filed as INVESTCORP AI ACQUISITION CO | 0.24% | 75,000 | $903K | No change |
| FTW.U Eqv Ventures Acquisition Cor | 0.24% | 87,861 | $901K | No change |
| WTW Willis Towers Watson PLC | 0.24% | 2,659 | $899K | Add +72.8% |
| TRGP Targa Resources Corp. | 0.23% | 4,346 | $871K | Add +9.1% |
| OAKU Oak Woods Acquisition Corp. Class A | 0.23% | 73,900 | $863K | No change |
| MMM 3M Co. | 0.22% | 5,595 | $822K | Reduce -70.0% |
| APD Air Products & Chemicals Inc. | 0.21% | 2,769 | $817K | Add +823.0% |
| AMP Ameriprise Financial Inc. | 0.21% | 1,685 | $816K | Add +1836.8% |
| MSI Motorola Solutions Inc. | 0.21% | 1,832 | $802K | Add +273.1% |
| PPG PPG Industries Inc. | 0.21% | 7,165 | $783K | Reduce -61.9% |
| PLTR Palantir Technologies Inc. Class A | 0.20% | 9,262 | $782K | Add +197.8% |
| EVRI Everi Holdings Inc. | 0.20% | 57,110 | $781K | Add +249.9% |
| IHD Voya Emrg MRKT Hi DVD Eqty | 0.20% | 146,119 | $780K | Reduce -1.7% |
| VLOSU M3-Brigade Acquisition V Cor | 0.20% | 75,000 | $777K | No change |
| TLN Talen Energy Corp. | 0.20% | 3,853 | $769K | New |
| WLACU Willow Lane Acquisition Corp. | 0.20% | 75,000 | $760K | No change |
| XIAEX Voya Asia Pac Hi DVD Eq Inc. | 0.20% | 122,500 | $756K | No change |
| XAGDX Abrdn GLBL DYNM Divid | 0.20% | 75,300 | $750K | No change |
| XAODX Abrdn Total Dynamic Dividend | 0.19% | 87,800 | $737K | No change |
| J Jacobs Solutions Inc. | 0.19% | 6,029 | $729K | Add +8512.9% |
| PSX Phillips 66 | 0.19% | 5,830 | $720K | Reduce -49.6% |
| PNC PNC Financial Services Group | 0.19% | 4,034 | $709K | Add +1692.9% |
| LULU Lululemon Athletica Inc. | 0.18% | 2,483 | $703K | Add +2264.8% |
| APTV Aptiv PLC | 0.18% | 11,810 | $703K | Add +580.3% |
| ADSK Autodesk Inc. | 0.18% | 2,670 | $699K | Add +1065.9% |
Options reported separately and not counted above: GLD puts ($25.1M), TLT calls ($18.2M), BA puts ($5.0M), NVDA calls ($3.8M), IWM puts ($3.0M), UNH puts ($2.6M), BKLN puts ($2.1M), FCX calls ($1.9M), IBIT calls ($1.9M), SPY puts ($1.4M).
Other holdings (16): bonds, preferreds, convertibles and warrants · $14.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 2,800,000 | $4.6M | New |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 3,100,000 | $2.9M | New |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 3,150,000 | $2.9M | New |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | 1,300,000 | $1.3M | New |
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | 900,000 | $889K | Reduce -78.0% |
| IQ Iqiyi Inc.-ADR | SPONSORED ADS · principal | 800,000 | $841K | New |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 800,000 | $785K | Add +128.6% |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 250,000 | $53K | No change |
| ML.WS Moneylion Inc. -CW27 | *W EXP 09/22/202 | 190,000 | $50K | Add +111.1% |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 184,700 | $35K | No change |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | 150,000 | $20K | New |
| ANNAW Aleanna Inc. Class A - 29 | *W EXP 12/13/202 | 52,251 | $13K | Reduce -89.6% |
| FGMCR FG Merger II Corp. | RIGHT 02/11/2030 | 51,000 | $10K | New |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 101,545 | $7K | No change |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 63,725 | $5K | No change |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | 31,862 | $4K | No change |
Total filed on the 13F, all lines: $396.2M.
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -99.8% | 0.06% | −27.76 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −5.77 |
| BITB Bitwise Bitcoin ETF | Sold out | 0.00% | −3.67 |
| LVROF Lavoro Ltd. Class A | Sold out | 0.00% | −1.65 |
| INSIGHT SELECT INCOME FUND | Sold out | 0.00% | −0.78 |
| VSTS Vestis Corp. | Reduce -96.3% | 0.03% | −0.77 |
| AMED Amedisys Inc. | Reduce -95.6% | 0.04% | −0.68 |
| FSLR First Solar Inc. | Reduce -99.2% | 0.00% | −0.67 |
| ISRLF Israel Acquisitions Corp. Class A | Sold out | 0.00% | −0.66 |
| HCP Hashicorp Inc. Class A | Sold out | 0.00% | −0.62 |
| VST Vistra Corp. | Reduce -97.3% | 0.02% | −0.58 |
| PGACU Pantages Capital Acquisition | Sold out | 0.00% | −0.51 |
| LDOS Leidos Holdings Inc. | Reduce -72.3% | 0.25% | −0.49 |
| EDR Endeavor Group Hold Class A | Sold out | 0.00% | −0.48 |
| MUR Murphy Oil Corp. | Reduce -100.0% | 0.00% | −0.46 |
| BG Bunge Global SA | Sold out | 0.00% | −0.43 |
| UCFI CN Healthy Food Tech Group C | Sold out | 0.00% | −0.42 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.40 |
| PLMJF Plum Acquisition Corp. III | Sold out | 0.00% | −0.40 |
| BATRK Atlanta Braves Holdings in-C | Sold out | 0.00% | −0.39 |
| EGRVF Evergreen Corporation Class A | Sold out | 0.00% | −0.36 |
| LYB Lyondellbasell Indu Class A | Reduce -89.2% | 0.05% | −0.35 |
| PLCE The Children's Place Inc. | Reduce -95.2% | 0.02% | −0.30 |
| MMM 3M Co. | Reduce -70.0% | 0.22% | −0.27 |
| AES AES Corp. | Reduce -98.2% | 0.01% | −0.27 |
| PPG PPG Industries Inc. | Reduce -61.9% | 0.21% | −0.25 |
| TETEF Technology & Telecommunicati | Sold out | 0.00% | −0.24 |
| ADM Archer-Daniels-Midland Co. | Reduce -45.2% | 0.41% | −0.20 |
| EIM Eaton Vance Municipal Bond | Sold out | 0.00% | −0.19 |
| RPD RAPID7 Inc. | Sold out | 0.00% | −0.18 |
| AIMTF Aimfinity Investment-Subunit | Sold out | 0.00% | −0.16 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.15 |
| HQL Abrdn Life Sciences Investor | Reduce -50.8% | 0.24% | −0.15 |
| HQH Abrdn Healthcare Investors | Sold out | 0.00% | −0.14 |
| LKQ LKQ Corp. | Sold out | 0.00% | −0.14 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.12 |
| SU Suncor Energy Inc. | Sold out | 0.00% | −0.12 |
| BUJA Bukit Jalil Global Acquisiti | Sold out | 0.00% | −0.12 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.11 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -88.5% | 0.02% | −0.11 |
| NRG NRG Energy Inc. | Reduce -38.3% | 0.61% | −0.11 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.11 |
| CVE Cenovus Energy Inc. | Sold out | 0.00% | −0.11 |
| DOW Dow Inc. | Reduce -84.8% | 0.02% | −0.10 |
| GGT Gabelli Multimedia Trust Inc. | Reduce -70.5% | 0.07% | −0.10 |
| FLG Flagstar Bank NA | Reduce -99.8% | 0.00% | −0.10 |
| ALLE Allegion PLC | Sold out | 0.00% | −0.10 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.10 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.10 |
| ETN Eaton Corp. PLC | Reduce -95.9% | 0.00% | −0.10 |
Portfolio Buys Q4 2024 → Q1 2025
| CHX Championx Corp. | Add +329.2% | 5.30% | +4.43 |
| DFS Discover Financial Services | Add +275.7% | 5.52% | +4.37 |
| HES Hess Corp. | Add +259.8% | 4.94% | +4.06 |
| BZAI Blaize Holdings Inc. | New | 2.25% | +2.25 |
| IPG Interpublic Group of Cos Inc. | Add +393.1% | 2.27% | +1.91 |
| SPR Spirit Aerosystems Hold Class A | Add +11485.1% | 1.84% | +1.82 |
| DMAA Drugs Made in America Acquis | New | 1.71% | +1.71 |
| FYBR Frontier Communications Pare | Add +7131.3% | 1.35% | +1.34 |
| TDAC Translational Development Ac | New | 0.79% | +0.79 |
| KFIIU K&F Growth Acquisition Corp. | New | 0.66% | +0.66 |
| XJQCX Nuveen Credit Strategies Inc. | New | 0.57% | +0.57 |
| JVSA Jvspac Acquisition Corp. Class A | Add +1322.2% | 0.60% | +0.57 |
| BMEZ BlackRock HLTH Sci TRM TR II | Add +102.6% | 0.87% | +0.55 |
| VACH Voyager Acquisition Corp. | New | 0.53% | +0.53 |
| BTX BlackRock Tech & Priv Eqty | Add +49.9% | 1.26% | +0.49 |
| EFA iShares MSCI Eafe ETF | New | 0.48% | +0.48 |
| ACP Abrdn Income Credit Strat | Add +26.1% | 1.24% | +0.47 |
| DVN Devon Energy Corp. | Add +4804.1% | 0.47% | +0.46 |
| ANSC Agriculture & Natural Soluti | Add +15.1% | 1.28% | +0.44 |
| PCG P G & E Corp. | Add +1302.4% | 0.46% | +0.43 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.42% | +0.42 |
| BSII Black Spade Acquisition II C | New | 0.42% | +0.42 |
| EURK Eureka Acquisition Corp. | Add +125.0% | 0.61% | +0.40 |
| LPAA Launch One Acquisition Corp. | New | 0.40% | +0.40 |
| QSEAU Quartzsea Acquisition Corp. | New | 0.40% | +0.40 |
| ASPC A Spac III Acquisition Class A | New | 0.40% | +0.40 |
| DTSQ DT Cloud Star Acquisition Co. | Add +100.0% | 0.54% | +0.33 |
| CHEB Chenghe Acquisition II Co. | Add +62.0% | 0.53% | +0.28 |
| MET Metlife Inc. | Add +3373.2% | 0.28% | +0.27 |
| IBAC Ib Acquisition Corp. | New | 0.27% | +0.27 |
| AMZN Amazon.com Inc. | Add +1136.5% | 0.29% | +0.27 |
| LOKVU Live Oak Acquisition Corp. V | New | 0.26% | +0.26 |
| GOOGL Alphabet Inc. Class A | Add +2747.3% | 0.26% | +0.25 |
| AEF Abrdn Emerging Markets Ex CH | New | 0.25% | +0.25 |
| AMP Ameriprise Financial Inc. | Add +1836.8% | 0.21% | +0.20 |
| MAR Marriott International Class A | Add +426.0% | 0.24% | +0.20 |
| TLN Talen Energy Corp. | New | 0.20% | +0.20 |
| APD Air Products & Chemicals Inc. | Add +823.0% | 0.21% | +0.20 |
| MCK McKesson Corp. | Add +121.0% | 0.27% | +0.19 |
| J Jacobs Solutions Inc. | Add +8512.9% | 0.19% | +0.19 |
| PNC PNC Financial Services Group | Add +1692.9% | 0.19% | +0.18 |
| LULU Lululemon Athletica Inc. | Add +2264.8% | 0.18% | +0.18 |
| META Meta Platforms Inc. Class A | Add +187.9% | 0.24% | +0.17 |
| ADSK Autodesk Inc. | Add +1065.9% | 0.18% | +0.17 |
| VRSN Verisign Inc. | New | 0.17% | +0.17 |
| LOW Lowe's Cos Inc. | New | 0.17% | +0.17 |
| HIX Western Asset High Inc. II | Add +48.7% | 0.35% | +0.17 |
| TGI Triumph Group Inc. | Add +6456.5% | 0.17% | +0.16 |
| MSI Motorola Solutions Inc. | Add +273.1% | 0.21% | +0.16 |
| APTV Aptiv PLC | Add +580.3% | 0.18% | +0.16 |
Options Activity Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | put | Sold out | 1,020,000 | $137.0Mbefore exit |
| GOOG Alphabet Inc. Class C | put | Sold out | 150,000 | $28.6Mbefore exit |
| GLD SPDR Gold Shares | put | Add +888.6% | 87,000 | $25.1M |
| TLT iShares 20+ Year Treasury BD | call | Add +48.1% | 200,000 | $18.2M |
| ASHR Xtrackers Harvest Csi 300 CH | call | Sold out | 200,000 | $5.3Mbefore exit |
| BA The Boeing Co. | put | New | 29,100 | $5.0M |
| NVDA Nvidia Corp. | call | New | 35,000 | $3.8M |
| SLV iShares Silver Trust | call | Sold out | 130,000 | $3.4Mbefore exit |
| IWM iShares Russell 2000 ETF | put | New | 15,000 | $3.0M |
| UNH Unitedhealth Group Inc. | put | New | 5,000 | $2.6M |
| GLD SPDR Gold Shares | call | Sold out | 10,800 | $2.6Mbefore exit |
| ENVX Enovix Corp. | call | Sold out | 200,000 | $2.2Mbefore exit |
| BKLN Invesco Senior Loan ETF | put | New | 100,000 | $2.1M |
| INTC Intel Corp. | call | Sold out | 100,000 | $2.0Mbefore exit |
| FCX Freeport-McMoran Inc. | call | New | 50,000 | $1.9M |
| IBIT iShares Bitcoin Trust ETF | call | New | 40,000 | $1.9M |
| EEM iShares MSCI Emerging Market | call | Sold out | 40,000 | $1.7Mbefore exit |
| FXI iShares China Large-Cap ETF | call | Sold out | 50,000 | $1.5Mbefore exit |
| CLMT Calumet Inc. | call | Sold out | 66,000 | $1.5Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 2,500 | $1.4M |
| ARKK ARK Innovation ETF | call | Sold out | 20,000 | $1.1Mbefore exit |
| IBIT iShares Bitcoin Trust ETF | put | Sold out | 20,000 | $1.1Mbefore exit |
| SLV iShares Silver Trust | put | Sold out | 40,000 | $1.1Mbefore exit |
| TLT iShares 20+ Year Treasury BD | put | Sold out | 10,000 | $873Kbefore exit |
| RILY BRC Group Holdings Inc. | put | Sold out | 33,700 | $155Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| NIO INC (NIO 0.5 02/01/27) | NOTE 0.500% 2/0 · principal | Sold out | 7,200,000 | $7.2Mbefore exit |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | New | 2,800,000 | $4.6M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | New | 3,100,000 | $2.9M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | New | 3,150,000 | $2.9M |
| PEGASYSTEMS INC (PEGA 0.75 03/01/25) | NOTE 0.750% 3/0 · principal | Sold out | 1,700,000 | $1.7Mbefore exit |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | New | 1,300,000 | $1.3M |
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | Reduce -78.0% | 900,000 | $889K |
| IQ Iqiyi Inc.-ADR | SPONSORED ADS · principal | New | 800,000 | $841K |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | Add +128.6% | 800,000 | $785K |
| ML.WS Moneylion Inc. -CW27 | *W EXP 09/22/202 | Add +111.1% | 190,000 | $50K |
| ABLLW East Resources Acquis -CW27 | *W EXP 06/30/202 | Sold out | 29,384 | $31Kbefore exit |
| BMTX.WS BM Technologies -CW23 | *W EXP 01/04/202 | Sold out | 39,460 | $23Kbefore exit |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | New | 150,000 | $20K |
| ANNAW Aleanna Inc. Class A - 29 | *W EXP 12/13/202 | Reduce -89.6% | 52,251 | $13K |
| FGMCR FG Merger II Corp. | RIGHT 02/11/2030 | New | 51,000 | $10K |
| CSLRF Consilium Acquisition -Right | RIGHT 99/99/9999 | Sold out | 50,000 | $7Kbefore exit |
| SBCWW Pono Capital Two Inc. -27 | *W EXP 09/17/202 | Sold out | 26,800 | $6Kbefore exit |
| PLMWF Plum Acquisition Corp. III-CW | *W EXP 03/31/202 | Sold out | 27,748 | $5Kbefore exit |
| PPYAW Papaya Growth Opportuni-CW23 | *W EXP 12/31/202 | Sold out | 79,200 | $2Kbefore exit |
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 | 2,332 | $615.6M | MRVL, CLM, GTLS, WBD, KVUE |
| Q1 2026 | 1,330 | $483.0M | CLM, CRF, GTLS, CWAN, NSC |
| Q4 2025 | 2,028 | $584.1M | AMZN, NVDA, CYBR, FYBR, NSC |
| Q3 2025 | 2,068 | $381.3M | IPG, FYBR, CYBR, VRNA, NSC |
| Q2 2025 | 1,657 | $413.5M | HES, K, CHX, FYBR, IPG |
| Q1 2025 | 1,568 | $381.8M | DFS, CHX, HES, IPG, BZAI |
| Q4 2024 | 1,553 | $495.0M | NVDA, GOOG, BITB, LVROF, AAM |
| Q3 2024 | 1,542 | $315.1M | LVROF, AAM, SVIIF, GLD, SWN |
| Q2 2024Amended | 1,720 | $230.5M | LVROF, SEDA, LDOS, FSD, CLM |
| Q1 2024 | 1,543 | $235.3M | SCRM, SEDA, LVROF, APCA, BOCN |