Quarry LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Quarry LP reported 1,657 stock positions worth $413.5 million. Its top holding was Hess (HES) at 5.4% of the portfolio, followed by Kellanova (K, 4.6%) and Championx (CHX, 3.8%). Compared with Q1 2025, it opened 539 new positions, sold out of 446, added to 558 and reduced 527. The biggest buy was Kellanova (K, shares +16459%) and the biggest sale an exit from Discover Financial Services (DFS).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001965207
- Portfolio Value
- $413.5M (Q2 2025)
- SEC Filing
- 0001965207-25-000007 ↗ filed Aug 14, 2025
Holdings Value
Holdings 1,657 stocks · $413.5M
| HES Hess Corp. | 5.39% | 160,770 | $22.3M | Add +36.0% |
| K Kellanova | 4.59% | 238,781 | $19.0M | Add +16459.0% |
| CHX Championx Corp. | 3.84% | 639,504 | $15.9M | Reduce -5.8% |
| FYBR Frontier Communications Pare | 3.49% | 396,829 | $14.4M | Add +175.2% |
| IPG Interpublic Group of Cos Inc. | 3.47% | 586,060 | $14.3M | Add +83.3% |
| ANSS Ansys Inc. | 2.97% | 34,952 | $12.3M | Add +23839.7% |
| BTX BlackRock Tech & Priv Eqty | 2.13% | 1,200,691 | $8.8M | Add +56.5% |
| TXNM TXNM Energy Inc. | 1.98% | 145,013 | $8.2M | New |
| TGI Triumph Group Inc. | 1.55% | 248,603 | $6.4M | Add +892.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.08% | 7,200 | $4.4M | Add +148.9% |
| CLM Cornerstone Strategic Invest | 1.00% | 506,996 | $4.1M | Add +4118.6% |
| XJQCX Nuveen Credit Strategies Inc. | 0.98% | 749,998 | $4.0M | Add +74.7% |
| CRF Cornerstone Total Return | 0.96% | 512,133 | $4.0M | Add +6866.9% |
| ZTR Virtus Total Return Fund Inc. | 0.88% | 585,069 | $3.6M | Reduce -5.5% |
| AVK Advent Convert & Income | 0.73% | 249,675 | $3.0M | Reduce -14.1% |
| KVACF Keen Vision Acquisition Corp. | 0.69% | 251,370 | $2.9M | Reduce -3.7% |
| ANSC Agriculture & Natural Soluti | 0.68% | 259,314 | $2.8M | Reduce -43.5% |
| DJT Trump Media & Technology Gro | 0.68% | 155,566 | $2.8M | New |
| VACH Voyager Acquisition Corp. | 0.59% | 233,837 | $2.4M | Add +16.9% |
| EHI Western Asset Global High Inc. | 0.58% | 364,482 | $2.4M | Add +8.0% |
| HAYMAKER ACQUISITION CORP 4 | 0.54% | 200,000 | $2.2M | No change |
| BRW Saba Capital Income & Opport | 0.52% | 265,396 | $2.1M | Add +10.8% |
| DTSQ DT Cloud Star Acquisition Co. | 0.50% | 200,000 | $2.1M | No change |
| SIMA Sim Acquisition Corp. I-A | 0.50% | 200,000 | $2.1M | Reduce -20.0% |
| KCHVU Kochav Defense Acquisition C | 0.49% | 200,000 | $2.0M | New |
| ARES ACQUISITION CORP II | 0.48% | 176,908 | $2.0M | New |
| FSHP Flag Ship Acquisition Corp. | 0.48% | 188,688 | $2.0M | No change |
| BEAG Bold Eagle Acquisition Cor-A | 0.46% | 180,870 | $1.9M | Add +485.9% |
| FL Foot Locker Inc. | 0.45% | 76,257 | $1.9M | Add +10520.8% |
| ASPC A Spac III Acquisition Class A | 0.45% | 180,000 | $1.8M | Add +20.0% |
| ACP Abrdn Income Credit Strat | 0.44% | 305,723 | $1.8M | Reduce -62.1% |
| DNB Dun & Bradstreet Holdings Inc. | 0.44% | 198,271 | $1.8M | Add +25319.4% |
| EURK Eureka Acquisition Corp. | 0.43% | 170,400 | $1.8M | Reduce -24.3% |
| DMA Destra Multi-Alternative | 0.43% | 201,178 | $1.8M | Reduce -6.0% |
| AFJK Aimei Health Technology Co. | 0.42% | 157,081 | $1.8M | No change |
| VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP | 0.42% | 154,549 | $1.7M | New |
| AEF Abrdn Emerging Markets Ex CH | 0.40% | 277,152 | $1.6M | Add +45.9% |
| RFMZ Rivernorth Flex Muni II | 0.40% | 129,549 | $1.6M | Add +12.5% |
| IPCXU Inflection Point Acquisition | 0.38% | 150,000 | $1.6M | New |
| HIX Western Asset High Inc. II | 0.38% | 364,944 | $1.6M | Add +15.3% |
| TDAC Translational Development Ac | 0.37% | 150,000 | $1.5M | Reduce -50.0% |
| CGCTU Cartesian Growth Corp. III | 0.37% | 150,000 | $1.5M | New |
| WTGUU Wintergreen Acquisition Corp. | 0.37% | 150,000 | $1.5M | New |
| FVN Future Vision II Acquisition | 0.36% | 145,000 | $1.5M | New |
| NRG NRG Energy Inc. | 0.35% | 9,091 | $1.5M | Reduce -62.6% |
| FTW Eqv Ventures Acquisition C-A | 0.35% | 137,861 | $1.4M | New |
| AMZN Amazon.com Inc. | 0.34% | 6,460 | $1.4M | Add +12.1% |
| TSLA Tesla Inc. | 0.34% | 4,409 | $1.4M | Add +542.7% |
| LMT Lockheed Martin Corp. | 0.34% | 3,007 | $1.4M | Add +95.8% |
| TLN Talen Energy Corp. | 0.33% | 4,730 | $1.4M | Add +22.8% |
| BAYA Bayview Acquisition Corp. Class A | 0.33% | 122,950 | $1.4M | Reduce -18.0% |
| ALPHAVEST ACQUISITION CORP | 0.33% | 114,682 | $1.4M | Add +133.7% |
| FORL Four Leaf Acquisition Cor-A | 0.32% | 114,097 | $1.3M | No change |
| MEGI Nylim CBRE GB Infra Mtrnd TF filed as NYLI CBRE GBL INFR MEGTRNDS | 0.32% | 92,887 | $1.3M | No change |
| DYNC Dynamix Corp. | 0.31% | 126,973 | $1.3M | New |
| FACT Fact II Acquisition Corp. | 0.31% | 125,100 | $1.3M | No change |
| CAEP Cantor Equity Partners III-A | 0.30% | 118,400 | $1.2M | New |
| CCCXU Churchill Capital Corp. X | 0.30% | 120,000 | $1.2M | New |
| GPAT GP-Act III Acquisition-A | 0.29% | 115,252 | $1.2M | New |
| PSX Phillips 66 | 0.27% | 9,482 | $1.1M | Add +62.6% |
| PLTR Palantir Technologies Inc. Class A | 0.27% | 8,274 | $1.1M | Reduce -10.7% |
| BLUWU Blue Water Acquisition III filed as BLUE WTR ACQUISITION CORP. I | 0.27% | 112,500 | $1.1M | New |
| NETD Nabors Energy Transition C-A | 0.27% | 100,000 | $1.1M | New |
| TDG Transdigm Group Inc. | 0.26% | 716 | $1.1M | Add +371.1% |
| TMS Teamshares Inc. filed as LIVE OAK ACQUISITION CORP V | 0.26% | 100,000 | $1.1M | No change |
| MOS The Mosaic Co. | 0.26% | 28,975 | $1.1M | New |
| EMR Emerson Electric Co. | 0.26% | 7,909 | $1.1M | Add +825.0% |
| IBAC Ib Acquisition Corp. | 0.25% | 100,000 | $1.0M | No change |
| ALDF Aldel Financial II Inc. | 0.25% | 100,000 | $1.0M | No change |
| XRSFX Rivernorth Capital & Income | 0.25% | 72,044 | $1.0M | New |
| KFIIU K&F Growth Acquisition Corp. | 0.25% | 100,000 | $1.0M | Reduce -60.0% |
| DPZ Domino's Pizza Inc. | 0.25% | 2,296 | $1.0M | Add +232.8% |
| MRLN Merlin Inc. filed as BLEICHROEDER ACQUISITION COR | 0.25% | 100,000 | $1.0M | Reduce -60.0% |
| JENA.U Jena Acquisition Corp. II | 0.25% | 100,000 | $1.0M | New |
| CRAQU Cal Redwood Acquisition Corp. | 0.25% | 100,000 | $1.0M | New |
| ORLY O'reilly Automotive Inc. | 0.25% | 11,339 | $1.0M | Add +161.6% |
| XRPNU Armada Acquisition Corp. II | 0.25% | 100,000 | $1.0M | New |
| SE Sea Ltd.-ADR | 0.24% | 6,296 | $1.0M | Add +125.2% |
| NMAI Nuveen Multi-Asset Income | 0.24% | 79,200 | $1.0M | No change |
| NVDA Nvidia Corp. | 0.24% | 6,210 | $981K | Add +207.6% |
| MSFT Microsoft Corp. | 0.24% | 1,955 | $972K | Add +14.4% |
| MCGAU Yorkville Acquisition Corp. | 0.23% | 85,611 | $963K | New |
| BACCU Blue Acquisition Corp. | 0.23% | 95,000 | $954K | New |
| META Meta Platforms Inc. Class A | 0.22% | 1,236 | $912K | Reduce -22.4% |
| ORCL Oracle Corp. | 0.22% | 4,126 | $902K | Add +49.0% |
| FCX Freeport-McMoran Inc. | 0.22% | 20,698 | $897K | Add +479.1% |
| NFLX Netflix Inc. | 0.22% | 668 | $895K | Add +116.9% |
| OAKU Oak Woods Acquisition Corp. Class A | 0.21% | 73,900 | $876K | No change |
| IHD Voya Emrg MRKT Hi DVD Eqty | 0.21% | 146,119 | $868K | No change |
| XIAEX Voya Asia Pac Hi DVD Eq Inc. | 0.21% | 122,500 | $863K | No change |
| TECK Teck Resources Ltd.-CLS B | 0.20% | 20,774 | $839K | New |
| CHPGU Championsgate Acquisition Co. | 0.20% | 80,000 | $814K | New |
| AEE Ameren Corporation | 0.20% | 8,419 | $809K | Add +208.8% |
| GWRE Guidewire Software Inc. | 0.19% | 3,353 | $789K | Add +2165.5% |
| CNH CNH Industrial NV | 0.19% | 59,540 | $772K | New |
| WLAC Willow Lane Acquisition Class A | 0.19% | 75,000 | $767K | No change |
| FG MERGER II CORP | 0.19% | 77,635 | $767K | New |
| XERS Xeris Biopharma Holdings Inc. | 0.18% | 162,500 | $759K | Add +129.7% |
| CHYM Chime Financial Inc. Class A | 0.18% | 21,885 | $755K | New |
| OBAWU Oxley Bridge Acquisition Ltd. | 0.18% | 75,000 | $751K | New |
Options reported separately and not counted above: SWTX calls ($13.4M), TLT calls ($8.8M), GLD calls ($3.8M), DJT puts ($2.8M), CVX calls ($2.5M), IWM puts ($2.2M), UUP calls ($1.6M), USO calls ($1.5M), U calls ($557K).
Other holdings (28): bonds, preferreds, convertibles and warrants · $19.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 4,900,000 | $5.9M | New |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 4,100,000 | $4.0M | New |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 3,100,000 | $2.9M | No change |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 2,750,000 | $2.5M | Reduce -12.7% |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 1,300,000 | $1.3M | Reduce -53.6% |
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | 900,000 | $897K | No change |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 800,000 | $793K | No change |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 400,000 | $447K | New |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | 129,287 | $147K | New |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 250,000 | $88K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 184,700 | $52K | No change |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | 150,000 | $47K | No change |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | 25,000 | $44K | New |
| BRRWW Columbus Circle Capital -30 | *W EXP 05/16/203 | 25,000 | $42K | New |
| TMSWW Live Oak Acquisition Co.-CW29 | *W EXP 99/99/999 | 49,500 | $35K | Reduce -1.0% |
| ALDFW Aldel Financial II Inc. - 29 | *W EXP 09/26/203 | 50,000 | $26K | New |
| DYNCW Dynamix Corp. - 29 | *W EXP 10/25/202 | 63,486 | $25K | No change |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | 150,000 | $18K | No change |
| FACTW Fact II Acquisition Corp. -29 | *W EXP 11/26/203 | 62,550 | $17K | New |
| FGMCR FG Merger II Corp. | RIGHT 02/11/2030 | 51,000 | $14K | No change |
| ANNAW Aleanna Inc. Class A - 29 | *W EXP 12/13/202 | 52,251 | $12K | No change |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 101,545 | $10K | No change |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 10,000 | $10K | New |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 63,725 | $9K | No change |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | 25,250 | $6K | New |
| NHICW Newhold Investment Corp. - 30 | *W EXP 01/30/203 | 12,500 | $6K | No change |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | 30,362 | $4K | Reduce -4.7% |
| POLEW Andretti Acquisition Corp.-29 | *W EXP 06/01/203 | 20,000 | $4K | No change |
Total filed on the 13F, all lines: $433.0M.
Portfolio Sells Q1 2025 → Q2 2025
| DFS Discover Financial Services | Sold out | 0.00% | −5.52 |
| BZAI Blaize Holdings Inc. | Reduce -92.4% | 0.16% | −2.09 |
| AAM Aa Mission Acquisition Cor-A | Sold out | 0.00% | −1.91 |
| SPR Spirit Aerosystems Hold Class A | Sold out | 0.00% | −1.84 |
| DMAA Drugs Made in America Acquis | Sold out | 0.00% | −1.71 |
| CHX Championx Corp. | Reduce -5.8% | 3.84% | −1.46 |
| BMEZ BlackRock HLTH Sci TRM TR II | Sold out | 0.00% | −0.87 |
| ACP Abrdn Income Credit Strat | Reduce -62.1% | 0.44% | −0.81 |
| SVIIF Spring Valley Acquisition-A | Sold out | 0.00% | −0.60 |
| ANSC Agriculture & Natural Soluti | Reduce -43.5% | 0.68% | −0.60 |
| JVSA Jvspac Acquisition Corp. Class A | Sold out | 0.00% | −0.60 |
| EIX Edison International | Reduce -72.3% | 0.15% | −0.52 |
| FANG Diamondback Energy Inc. | Reduce -78.6% | 0.10% | −0.49 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.48 |
| GLACF Global Lights Acquisition Co. | Sold out | 0.00% | −0.44 |
| CHEB Chenghe Acquisition II Co. | Reduce -82.2% | 0.09% | −0.44 |
| TDAC Translational Development Ac | Reduce -50.0% | 0.37% | −0.42 |
| BSII Black Spade Acquisition II C | Sold out | 0.00% | −0.42 |
| KFIIU K&F Growth Acquisition Corp. | Reduce -60.0% | 0.25% | −0.41 |
| PCG P G & E Corp. | Reduce -84.8% | 0.05% | −0.41 |
| MRLN Merlin Inc. | Reduce -60.0% | 0.25% | −0.41 |
| ADM Archer-Daniels-Midland Co. | Reduce -98.8% | 0.01% | −0.40 |
| QSEAU Quartzsea Acquisition Corp. | Sold out | 0.00% | −0.40 |
| DYCQ DT Cloud Acquisition Corp. | Reduce -75.0% | 0.11% | −0.37 |
| OVV Ovintiv Inc. | Reduce -80.9% | 0.07% | −0.36 |
| DVN Devon Energy Corp. | Reduce -57.8% | 0.16% | −0.31 |
| CCIXU Churchill Capital Corp. Ix | Sold out | 0.00% | −0.28 |
| EMN Eastman Chemical Co. | Reduce -87.4% | 0.03% | −0.28 |
| CONTEXTLOGIC INC - A | Sold out | 0.00% | −0.28 |
| LPAA Launch One Acquisition Corp. | Reduce -66.7% | 0.13% | −0.28 |
| MET Metlife Inc. | Reduce -95.7% | 0.01% | −0.27 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.26 |
| NRG NRG Energy Inc. | Reduce -62.6% | 0.35% | −0.25 |
| HQL Abrdn Life Sciences Investor | Sold out | 0.00% | −0.24 |
| IVCAF Libity | Sold out | 0.00% | −0.24 |
| FTW.U Eqv Ventures Acquisition Cor | Sold out | 0.00% | −0.24 |
| TRGP Targa Resources Corp. | Sold out | 0.00% | −0.23 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -92.9% | 0.02% | −0.23 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.21 |
| MMM 3M Co. | Reduce -97.9% | 0.00% | −0.21 |
| AMP Ameriprise Financial Inc. | Reduce -98.3% | 0.00% | −0.21 |
| PPG PPG Industries Inc. | Sold out | 0.00% | −0.21 |
| EVRI Everi Holdings Inc. | Sold out | 0.00% | −0.20 |
| VLOSU M3-Brigade Acquisition V Cor | Sold out | 0.00% | −0.20 |
| XAODX Abrdn Total Dynamic Dividend | Sold out | 0.00% | −0.19 |
| MAR Marriott International Class A | Reduce -79.0% | 0.05% | −0.19 |
| PNC PNC Financial Services Group | Sold out | 0.00% | −0.19 |
| EURK Eureka Acquisition Corp. | Reduce -24.3% | 0.43% | −0.18 |
| J Jacobs Solutions Inc. | Reduce -90.2% | 0.02% | −0.17 |
| SIMA Sim Acquisition Corp. I-A | Reduce -20.0% | 0.50% | −0.17 |
Portfolio Buys Q1 2025 → Q2 2025
| K Kellanova | Add +16459.0% | 4.59% | +4.56 |
| ANSS Ansys Inc. | Add +23839.7% | 2.97% | +2.96 |
| FYBR Frontier Communications Pare | Add +175.2% | 3.49% | +2.14 |
| TXNM TXNM Energy Inc. | New | 1.98% | +1.98 |
| TGI Triumph Group Inc. | Add +892.6% | 1.55% | +1.38 |
| IPG Interpublic Group of Cos Inc. | Add +83.3% | 3.47% | +1.19 |
| CLM Cornerstone Strategic Invest | Add +4118.6% | 1.00% | +0.97 |
| CRF Cornerstone Total Return | Add +6866.9% | 0.96% | +0.95 |
| BTX BlackRock Tech & Priv Eqty | Add +56.5% | 2.13% | +0.87 |
| DJT Trump Media & Technology Gro | New | 0.68% | +0.68 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +148.9% | 1.08% | +0.65 |
| KCHVU Kochav Defense Acquisition C | New | 0.49% | +0.49 |
| ARES ACQUISITION CORP II | New | 0.48% | +0.48 |
| FL Foot Locker Inc. | Add +10520.8% | 0.45% | +0.45 |
| HES Hess Corp. | Add +36.0% | 5.39% | +0.44 |
| DNB Dun & Bradstreet Holdings Inc. | Add +25319.4% | 0.44% | +0.43 |
| VLOS Velos Acquisition I Corp. | New | 0.42% | +0.42 |
| IPCXU Inflection Point Acquisition | New | 0.38% | +0.38 |
| BEAG Bold Eagle Acquisition Cor-A | Add +485.9% | 0.46% | +0.38 |
| CGCTU Cartesian Growth Corp. III | New | 0.37% | +0.37 |
| WTGUU Wintergreen Acquisition Corp. | New | 0.37% | +0.37 |
| FVN Future Vision II Acquisition | New | 0.36% | +0.36 |
| FTW Eqv Ventures Acquisition C-A | New | 0.35% | +0.35 |
| DYNC Dynamix Corp. | New | 0.31% | +0.31 |
| CAEP Cantor Equity Partners III-A | New | 0.30% | +0.30 |
| CCCXU Churchill Capital Corp. X | New | 0.30% | +0.30 |
| GPAT GP-Act III Acquisition-A | New | 0.29% | +0.29 |
| TSLA Tesla Inc. | Add +542.7% | 0.34% | +0.29 |
| BLUWU Blue Water Acquisition III | New | 0.27% | +0.27 |
| NETD Nabors Energy Transition C-A | New | 0.27% | +0.27 |
| XJQCX Nuveen Credit Strategies Inc. | Add +74.7% | 0.98% | +0.27 |
| MOS The Mosaic Co. | New | 0.26% | +0.26 |
| XRSFX Rivernorth Capital & Income | New | 0.25% | +0.25 |
| JENA.U Jena Acquisition Corp. II | New | 0.25% | +0.25 |
| CRAQU Cal Redwood Acquisition Corp. | New | 0.25% | +0.25 |
| XRPNU Armada Acquisition Corp. II | New | 0.25% | +0.25 |
| MCGAU Yorkville Acquisition Corp. | New | 0.23% | +0.23 |
| BACCU Blue Acquisition Corp. | New | 0.23% | +0.23 |
| EMR Emerson Electric Co. | Add +825.0% | 0.26% | +0.23 |
| TDG Transdigm Group Inc. | Add +371.1% | 0.26% | +0.21 |
| TECK Teck Resources Ltd.-CLS B | New | 0.20% | +0.20 |
| CHPGU Championsgate Acquisition Co. | New | 0.20% | +0.20 |
| CNH CNH Industrial NV | New | 0.19% | +0.19 |
| FG MERGER II CORP | New | 0.19% | +0.19 |
| GWRE Guidewire Software Inc. | Add +2165.5% | 0.19% | +0.18 |
| CHYM Chime Financial Inc. Class A | New | 0.18% | +0.18 |
| OBAWU Oxley Bridge Acquisition Ltd. | New | 0.18% | +0.18 |
| FCX Freeport-McMoran Inc. | Add +479.1% | 0.22% | +0.18 |
| NVDA Nvidia Corp. | Add +207.6% | 0.24% | +0.18 |
| ALPHAVEST ACQUISITION CORP | Add +133.7% | 0.33% | +0.18 |
Options Activity Q1 2025 → Q2 2025
| GLD SPDR Gold Shares | put | Sold out | 87,000 | $25.1Mbefore exit |
| SWTX Springworks Therapeutics Inc. | call | New | 285,000 | $13.4M |
| TLT iShares 20+ Year Treasury BD | call | Reduce -50.0% | 100,000 | $8.8M |
| BA The Boeing Co. | put | Sold out | 29,100 | $5.0Mbefore exit |
| GLD SPDR Gold Shares | call | New | 12,500 | $3.8M |
| NVDA Nvidia Corp. | call | Sold out | 35,000 | $3.8Mbefore exit |
| DJT Trump Media & Technology Gro | put | New | 155,000 | $2.8M |
| UNH Unitedhealth Group Inc. | put | Sold out | 5,000 | $2.6Mbefore exit |
| CVX Chevron Corp. | call | New | 17,000 | $2.5M |
| IWM iShares Russell 2000 ETF | put | Reduce -33.3% | 10,000 | $2.2M |
| BKLN Invesco Senior Loan ETF | put | Sold out | 100,000 | $2.1Mbefore exit |
| FCX Freeport-McMoran Inc. | call | Sold out | 50,000 | $1.9Mbefore exit |
| IBIT iShares Bitcoin Trust ETF | call | Sold out | 40,000 | $1.9Mbefore exit |
| UUP Invesco DB US Dollar Index B | call | New | 58,800 | $1.6M |
| USO United States Oil Fund LP | call | New | 20,000 | $1.5M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 2,500 | $1.4Mbefore exit |
| U Unity Software Inc. | call | New | 23,000 | $557K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | New | 4,900,000 | $5.9M |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | New | 4,100,000 | $4.0M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Reduce -12.7% | 2,750,000 | $2.5M |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | Reduce -53.6% | 1,300,000 | $1.3M |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | Sold out | 1,300,000 | $1.3Mbefore exit |
| IQ Iqiyi Inc.-ADR | SPONSORED ADS · principal | Sold out | 800,000 | $841Kbefore exit |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | New | 400,000 | $447K |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | New | 129,287 | $147K |
| ML.WS Moneylion Inc. -CW27 | *W EXP 09/22/202 | Sold out | 190,000 | $50Kbefore exit |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | New | 25,000 | $44K |
| BRRWW Columbus Circle Capital -30 | *W EXP 05/16/203 | New | 25,000 | $42K |
| TMSWW Live Oak Acquisition Co.-CW29 | *W EXP 99/99/999 | Reduce -1.0% | 49,500 | $35K |
| ALDFW Aldel Financial II Inc. - 29 | *W EXP 09/26/203 | New | 50,000 | $26K |
| FACTW Fact II Acquisition Corp. -29 | *W EXP 11/26/203 | New | 62,550 | $17K |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | New | 10,000 | $10K |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | New | 25,250 | $6K |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | Reduce -4.7% | 30,362 | $4K |
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 |