Quarry LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Quarry LP reported 2,068 stock positions worth $381.3 million. Its top holding was Interpublic Group of Cos (IPG) at 4.6% of the portfolio, followed by Frontier Communications Pare (FYBR, 4.2%) and Cyberark Software Ltd./Israel (CYBR, 4.2%). Compared with Q2 2025, it opened 859 new positions, sold out of 447, added to 513 and reduced 667. The biggest buy was a new position in Cyberark Software Ltd./Israel (CYBR) and the biggest sale an exit from Hess (HES).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001965207
- Portfolio Value
- $381.3M (Q3 2025)
- SEC Filing
- 0001965207-25-000010 ↗ filed Nov 14, 2025
Holdings Value
Holdings 2,068 stocks · $381.3M
| IPG Interpublic Group of Cos Inc. | 4.61% | 629,994 | $17.6M | Add +7.5% |
| FYBR Frontier Communications Pare | 4.19% | 428,031 | $16.0M | Add +7.9% |
| CYBR Cyberark Software Ltd./Israel | 4.15% | 32,775 | $15.8M | New |
| VRNA Verona Pharma Ltd. | 2.78% | 99,300 | $10.6M | Add +5741.2% |
| NSC Norfolk Southern Corp. | 2.62% | 33,300 | $10.0M | Add +53609.7% |
| TXNM TXNM Energy Inc. | 2.47% | 166,813 | $9.4M | Add +15.0% |
| K Kellanova | 2.23% | 103,872 | $8.5M | Reduce -56.5% |
| GTLS Chart Industries Inc. | 1.72% | 32,828 | $6.6M | Add +1094166.7% |
| SPR Spirit Aerosystems Hold Class A | 1.49% | 147,389 | $5.7M | New |
| XPHDX Pioneer Floating Rate Fund | 1.39% | 531,617 | $5.3M | Add +2566.9% |
| HAYMAKER ACQUISITION CORP 4 | 1.30% | 435,556 | $4.9M | Add +117.8% |
| SCS Steelcase Inc. Class A | 1.28% | 282,993 | $4.9M | Add +10175.7% |
| UTF Cohen & Steers Infrastructur | 1.24% | 189,982 | $4.7M | New |
| CORZ Core Scientific Inc. | 0.97% | 205,272 | $3.7M | New |
| ECHO Echostar Corp. Class A | 0.90% | 45,040 | $3.4M | Add +4226.6% |
| GDX Vaneck Gold Miners ETF | 0.87% | 43,196 | $3.3M | Add +332.0% |
| XJEQX Abrdn Japan Equity Fund Inc. | 0.82% | 398,348 | $3.1M | New |
| XME SS SPDR S&P Metals Mining | 0.79% | 32,272 | $3.0M | Add +303.4% |
| XBI SS SPDR S&P Biotech ETF | 0.77% | 29,438 | $2.9M | Add +390.6% |
| KVACF Keen Vision Acquisition Corp. | 0.76% | 251,364 | $2.9M | Reduce 0.0% |
| HONE Harborone Bancorp Inc. | 0.71% | 200,000 | $2.7M | New |
| XOP SS SPDR S&P Og Exp & Prod | 0.70% | 20,298 | $2.7M | Add +407.4% |
| VACH Voyager Acquisition Corp. | 0.64% | 233,837 | $2.5M | No change |
| CLM Cornerstone Strategic Invest | 0.59% | 272,335 | $2.3M | Reduce -46.3% |
| ZTR Virtus Total Return Fund Inc. | 0.56% | 331,649 | $2.1M | Reduce -43.3% |
| CRF Cornerstone Total Return | 0.55% | 262,596 | $2.1M | Reduce -48.7% |
| XJQCX Nuveen Credit Strategies Inc. | 0.55% | 395,782 | $2.1M | Reduce -47.2% |
| UTG Reaves Utility Income Fund | 0.50% | 47,913 | $1.9M | New |
| AFJK Aimei Health Technology Co. | 0.50% | 167,081 | $1.9M | Add +6.4% |
| BEAG Bold Eagle Acquisition Cor-A | 0.49% | 180,870 | $1.9M | No change |
| KOYNU CSLM Digital Asset Acquisiti | 0.48% | 180,000 | $1.8M | New |
| FG MERGER II CORP | 0.47% | 177,635 | $1.8M | Add +128.8% |
| COOP Mr Cooper Group Inc. | 0.46% | 8,301 | $1.7M | New |
| EURK Eureka Acquisition Corp. | 0.44% | 155,400 | $1.7M | Reduce -8.8% |
| LPAA Launch One Acquisition Corp. | 0.41% | 150,000 | $1.6M | Add +200.0% |
| ASPC A Spac III Acquisition Class A | 0.41% | 150,000 | $1.6M | Reduce -16.7% |
| AMZN Amazon.com Inc. | 0.40% | 6,973 | $1.5M | Add +7.9% |
| FVN Future Vision II Acquisition | 0.40% | 145,000 | $1.5M | No change |
| BE Bloom Energy Corp. Class A | 0.38% | 17,214 | $1.5M | Add +4129.5% |
| RFMZ Rivernorth Flex Muni II | 0.38% | 109,961 | $1.4M | Reduce -15.1% |
| BAYA Bayview Acquisition Corp. Class A | 0.37% | 122,950 | $1.4M | No change |
| FSHP Flag Ship Acquisition Corp. | 0.36% | 130,000 | $1.4M | Reduce -31.1% |
| JENA.U Jena Acquisition Corp. II | 0.34% | 125,000 | $1.3M | Add +25.0% |
| FACT Fact II Acquisition Corp. | 0.34% | 125,100 | $1.3M | No change |
| SE Sea Ltd.-ADR | 0.34% | 7,163 | $1.3M | Add +13.8% |
| GOOGL Alphabet Inc. Class A | 0.33% | 5,165 | $1.3M | New |
| AVK Advent Convert & Income | 0.32% | 95,975 | $1.2M | Reduce -61.6% |
| ORLY O'reilly Automotive Inc. | 0.31% | 11,138 | $1.2M | Reduce -1.8% |
| HOUS Anywhere Real Estate Inc. | 0.31% | 111,770 | $1.2M | New |
| MSFT Microsoft Corp. | 0.31% | 2,279 | $1.2M | Add +16.6% |
| RACE Ferrari NV | 0.30% | 2,339 | $1.1M | Add +53.9% |
| NETD Nabors Energy Transition C-A | 0.29% | 100,000 | $1.1M | No change |
| ANSC Agriculture & Natural Soluti | 0.29% | 100,000 | $1.1M | Reduce -61.4% |
| ORCL Oracle Corp. | 0.29% | 3,876 | $1.1M | Reduce -6.1% |
| PRAX Praxis Precision Medicines I | 0.28% | 20,001 | $1.1M | Add +316.7% |
| SIMA Sim Acquisition Corp. I-A | 0.28% | 100,000 | $1.1M | Reduce -50.0% |
| IBAC Ib Acquisition Corp. | 0.28% | 100,000 | $1.1M | No change |
| MSOS Advisorshares Pure US Cann | 0.27% | 216,836 | $1.0M | New |
| NMAI Nuveen Multi-Asset Income | 0.27% | 79,200 | $1.0M | No change |
| KFIIU K&F Growth Acquisition Corp. | 0.27% | 99,500 | $1.0M | Reduce -0.5% |
| TMS Teamshares Inc. filed as LIVE OAK ACQUISITION CORP V | 0.27% | 100,000 | $1.0M | No change |
| XSCDX LMP Capital and Income Fund | 0.26% | 64,727 | $1.0M | Add +117.5% |
| SPOT Spotify Technology SA | 0.26% | 1,422 | $993K | Add +4803.4% |
| ACP Abrdn Income Credit Strat | 0.26% | 169,623 | $984K | Reduce -44.5% |
| DMA Destra Multi-Alternative | 0.26% | 113,795 | $983K | Reduce -43.4% |
| BACCU Blue Acquisition Corp. | 0.25% | 95,000 | $963K | No change |
| RIV Rivernorth Opportunities | 0.25% | 78,000 | $936K | New |
| MRLN Merlin Inc. filed as BLEICHROEDER ACQUISITION COR | 0.24% | 87,500 | $910K | Reduce -12.5% |
| OAKU Oak Woods Acquisition Corp. Class A | 0.23% | 73,900 | $887K | No change |
| MA Mastercard Inc. Class A | 0.22% | 1,502 | $854K | Add +62.5% |
| BRW Saba Capital Income & Opport | 0.22% | 109,284 | $849K | Reduce -58.8% |
| CHPGU Championsgate Acquisition Co. | 0.22% | 80,000 | $845K | No change |
| EHI Western Asset Global High Inc. | 0.22% | 125,756 | $830K | Reduce -65.5% |
| XRPNU Armada Acquisition Corp. II | 0.21% | 75,000 | $799K | Reduce -25.0% |
| DG Dollar General Corp. | 0.21% | 7,708 | $797K | Add +147.8% |
| BLZRU Trailblazer Acquisition Corp. | 0.20% | 75,565 | $773K | New |
| OBAWU Oxley Bridge Acquisition Ltd. | 0.20% | 75,000 | $753K | No change |
| CENX Century Aluminum Company | 0.19% | 24,701 | $725K | Add +9702.0% |
| LITS Lite Strategy Inc. | 0.19% | 296,346 | $717K | New |
| VZLA Vizsla Silver Corp. | 0.19% | 163,397 | $706K | Add +213.5% |
| TTEK Tetra Tech Inc. | 0.18% | 21,123 | $705K | Add +334.2% |
| PPTA Perpetua Resources Corp. | 0.18% | 34,709 | $702K | New |
| NUVB Nuvation Bio Inc. | 0.18% | 188,300 | $697K | New |
| EMO Clearbridge Energy Midstream | 0.18% | 15,500 | $696K | New |
| NVDA Nvidia Corp. | 0.18% | 3,702 | $691K | Reduce -40.4% |
| GPAT GP-Act III Acquisition-A | 0.18% | 64,977 | $689K | Reduce -43.6% |
| XERS Xeris Biopharma Holdings Inc. | 0.18% | 82,500 | $672K | Reduce -49.2% |
| Z Zillow Group Inc. Class C | 0.17% | 8,561 | $660K | Add +25079.4% |
| SHW The Sherwin-Williams Co. | 0.17% | 1,882 | $652K | Add +50.6% |
| ONCHU 1RT Acquisition Corp. | 0.17% | 61,320 | $647K | New |
| HON Honeywell International Inc. | 0.17% | 3,028 | $637K | Add +612.5% |
| CAEP Cantor Equity Partners III-A | 0.17% | 61,250 | $632K | Reduce -48.3% |
| ASND Ascendis Pharma A/S | 0.17% | 3,170 | $630K | Add +5.7% |
| RH RH | 0.17% | 3,101 | $630K | Add +61.3% |
| OSK Oshkosh Corp. | 0.16% | 4,744 | $615K | Reduce -10.3% |
| NUTX Nutex Health Inc. | 0.16% | 5,907 | $610K | New |
| PRTH Priority Technology Holdings | 0.16% | 88,122 | $605K | Add +3.9% |
| APACU Stonebridge Acquisition II C | 0.16% | 60,000 | $598K | New |
| HDRN Hadron Energy Inc. filed as GIGCAPITAL7 CORP | 0.16% | 56,690 | $598K | New |
| FORL Four Leaf Acquisition Cor-A | 0.16% | 50,600 | $594K | Reduce -55.6% |
Options reported separately and not counted above: QQQ puts ($12.0M), HYG puts ($9.6M), ARKK puts ($6.1M), OKLO puts ($4.8M), DFDV puts ($3.7M), NXE calls ($1.3M), LQD puts ($1.1M), PEP puts ($702K), IWM puts ($653K), DNN calls ($646K), CM puts ($599K), SBUX puts ($533K), and 22 more.
Other holdings (35): bonds, preferreds, convertibles and warrants · $28.0M (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 | $5.7M | No change |
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | 4,400,000 | $4.4M | Add +388.9% |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 4,100,000 | $4.1M | No change |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 3,100,000 | $3.0M | No change |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 2,750,000 | $2.6M | No change |
| GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) | NOTE 5.875%10/0 · principal | 2,179,000 | $2.2M | New |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 1,300,000 | $1.7M | No change |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 1,300,000 | $1.5M | New |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | 1,000,000 | $1.2M | New |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 400,000 | $515K | No change |
| BRAEMAR HOTELS & RESORTS (BHR 4.5 06/01/26) | NOTE 4.500% 6/0 · principal | 477,000 | $469K | New |
| NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) | NOTE 7.500%10/1 · principal | 259,000 | $271K | New |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 149,996 | $102K | Reduce -40.0% |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 184,700 | $83K | No change |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | 150,000 | $41K | No change |
| BRRWW Columbus Circle Capital -30 | *W EXP 05/16/203 | 30,000 | $36K | Add +20.0% |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | 70,000 | $35K | Reduce -45.9% |
| IPCXR Inflection Point Acquisition | RIGHT 04/25/2030 | 75,000 | $33K | New |
| TMSWW Live Oak Acquisition Co.-CW29 | *W EXP 99/99/999 | 49,500 | $24K | No change |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | 100,000 | $22K | Reduce -33.3% |
| FGMCR FG Merger II Corp. | RIGHT 02/11/2030 | 51,000 | $21K | No change |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 37,500 | $20K | Reduce -41.1% |
| FACTW Fact II Acquisition Corp. -29 | *W EXP 11/26/203 | 62,550 | $18K | No change |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 89,581 | $17K | Reduce -11.8% |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | 12,191 | $15K | Reduce -51.2% |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | 97,400 | $15K | New |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | 75,000 | $12K | New |
| ANNAW Aleanna Inc. Class A - 29 | *W EXP 12/13/202 | 52,251 | $10K | No change |
| ALDFW Aldel Financial II Inc. - 29 | *W EXP 09/26/203 | 10,000 | $5K | Reduce -80.0% |
| NHICW Newhold Investment Corp. - 30 | *W EXP 01/30/203 | 12,500 | $5K | No change |
| POLEW Andretti Acquisition Corp.-29 | *W EXP 06/01/203 | 20,000 | $4K | No change |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | 25,000 | $4K | New |
| INFQ.WS Churchill Capital Corp. X | *W EXP 05/14/203 | 890 | $3K | Reduce -97.0% |
| BLACKROCK INCOME TR-RT | RIGHT 10/20/2025 | 37,990 | $2K | Add +2130.8% |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 700 | $546 | Reduce -93.0% |
Total filed on the 13F, all lines: $409.3M.
Portfolio Sells Q2 2025 → Q3 2025
| HES Hess Corp. | Sold out | 0.00% | −5.39 |
| CHX Championx Corp. | Sold out | 0.00% | −3.84 |
| ANSS Ansys Inc. | Sold out | 0.00% | −2.97 |
| K Kellanova | Reduce -56.5% | 2.23% | −2.36 |
| BTX BlackRock Tech & Priv Eqty | Sold out | 0.00% | −2.13 |
| TGI Triumph Group Inc. | Sold out | 0.00% | −1.55 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -88.6% | 0.14% | −0.93 |
| DJT Trump Media & Technology Gro | Reduce -99.6% | 0.00% | −0.68 |
| DTSQ DT Cloud Star Acquisition Co. | Sold out | 0.00% | −0.50 |
| KCHVU Kochav Defense Acquisition C | Sold out | 0.00% | −0.49 |
| ARES ACQUISITION CORP II | Sold out | 0.00% | −0.48 |
| FL Foot Locker Inc. | Sold out | 0.00% | −0.45 |
| DNB Dun & Bradstreet Holdings Inc. | Sold out | 0.00% | −0.44 |
| XJQCX Nuveen Credit Strategies Inc. | Reduce -47.2% | 0.55% | −0.43 |
| AVK Advent Convert & Income | Reduce -61.6% | 0.32% | −0.41 |
| CRF Cornerstone Total Return | Reduce -48.7% | 0.55% | −0.41 |
| CLM Cornerstone Strategic Invest | Reduce -46.3% | 0.59% | −0.40 |
| ANSC Agriculture & Natural Soluti | Reduce -61.4% | 0.29% | −0.39 |
| IPCXU Inflection Point Acquisition | Sold out | 0.00% | −0.38 |
| HIX Western Asset High Inc. II | Sold out | 0.00% | −0.38 |
| TDAC Translational Development Ac | Sold out | 0.00% | −0.37 |
| CGCTU Cartesian Growth Corp. III | Sold out | 0.00% | −0.37 |
| WTGUU Wintergreen Acquisition Corp. | Sold out | 0.00% | −0.37 |
| EHI Western Asset Global High Inc. | Reduce -65.5% | 0.22% | −0.36 |
| ALPHAVEST ACQUISITION CORP | Sold out | 0.00% | −0.33 |
| ZTR Virtus Total Return Fund Inc. | Reduce -43.3% | 0.56% | −0.32 |
| MEGI Nylim CBRE GB Infra Mtrnd TF | Sold out | 0.00% | −0.32 |
| DYNC Dynamix Corp. | Sold out | 0.00% | −0.31 |
| TSLA Tesla Inc. | Reduce -92.3% | 0.04% | −0.30 |
| VLOS Velos Acquisition I Corp. | Reduce -70.9% | 0.12% | −0.30 |
| BRW Saba Capital Income & Opport | Reduce -58.8% | 0.22% | −0.29 |
| BLUWU Blue Water Acquisition III | Sold out | 0.00% | −0.27 |
| AEF Abrdn Emerging Markets Ex CH | Reduce -70.4% | 0.14% | −0.26 |
| XRSFX Rivernorth Capital & Income | Sold out | 0.00% | −0.25 |
| CRAQU Cal Redwood Acquisition Corp. | Sold out | 0.00% | −0.25 |
| MOS The Mosaic Co. | Reduce -93.8% | 0.02% | −0.24 |
| MCGAU Yorkville Acquisition Corp. | Sold out | 0.00% | −0.23 |
| LMT Lockheed Martin Corp. | Reduce -72.6% | 0.11% | −0.23 |
| SIMA Sim Acquisition Corp. I-A | Reduce -50.0% | 0.28% | −0.23 |
| FTW Eqv Ventures Acquisition C-A | Reduce -63.7% | 0.14% | −0.21 |
| NRG NRG Energy Inc. | Reduce -63.6% | 0.14% | −0.21 |
| IHD Voya Emrg MRKT Hi DVD Eqty | Sold out | 0.00% | −0.21 |
| XIAEX Voya Asia Pac Hi DVD Eq Inc. | Sold out | 0.00% | −0.21 |
| TECK Teck Resources Ltd.-CLS B | Sold out | 0.00% | −0.20 |
| PSX Phillips 66 | Reduce -75.7% | 0.08% | −0.19 |
| DPZ Domino's Pizza Inc. | Reduce -77.1% | 0.06% | −0.19 |
| TLN Talen Energy Corp. | Reduce -72.6% | 0.14% | −0.19 |
| CNH CNH Industrial NV | Sold out | 0.00% | −0.19 |
| WLAC Willow Lane Acquisition Class A | Sold out | 0.00% | −0.19 |
| CHYM Chime Financial Inc. Class A | Reduce -99.9% | 0.00% | −0.18 |
Portfolio Buys Q2 2025 → Q3 2025
| CYBR Cyberark Software Ltd./Israel | New | 4.15% | +4.15 |
| VRNA Verona Pharma Ltd. | Add +5741.2% | 2.78% | +2.74 |
| NSC Norfolk Southern Corp. | Add +53609.7% | 2.62% | +2.62 |
| GTLS Chart Industries Inc. | Add +1094166.7% | 1.72% | +1.72 |
| SPR Spirit Aerosystems Hold Class A | New | 1.49% | +1.49 |
| XPHDX Pioneer Floating Rate Fund | Add +2566.9% | 1.39% | +1.34 |
| SCS Steelcase Inc. Class A | Add +10175.7% | 1.28% | +1.27 |
| UTF Cohen & Steers Infrastructur | New | 1.24% | +1.24 |
| IPG Interpublic Group of Cos Inc. | Add +7.5% | 4.61% | +1.14 |
| CORZ Core Scientific Inc. | New | 0.97% | +0.97 |
| ECHO Echostar Corp. Class A | Add +4226.6% | 0.90% | +0.89 |
| XJEQX Abrdn Japan Equity Fund Inc. | New | 0.82% | +0.82 |
| HAYMAKER ACQUISITION CORP 4 | Add +117.8% | 1.30% | +0.76 |
| GDX Vaneck Gold Miners ETF | Add +332.0% | 0.87% | +0.74 |
| HONE Harborone Bancorp Inc. | New | 0.71% | +0.71 |
| FYBR Frontier Communications Pare | Add +7.9% | 4.19% | +0.70 |
| XME SS SPDR S&P Metals Mining | Add +303.4% | 0.79% | +0.66 |
| XBI SS SPDR S&P Biotech ETF | Add +390.6% | 0.77% | +0.65 |
| XOP SS SPDR S&P Og Exp & Prod | Add +407.4% | 0.70% | +0.58 |
| TXNM TXNM Energy Inc. | Add +15.0% | 2.47% | +0.50 |
| UTG Reaves Utility Income Fund | New | 0.50% | +0.50 |
| KOYNU CSLM Digital Asset Acquisiti | New | 0.48% | +0.48 |
| COOP Mr Cooper Group Inc. | New | 0.46% | +0.46 |
| BE Bloom Energy Corp. Class A | Add +4129.5% | 0.38% | +0.38 |
| GOOGL Alphabet Inc. Class A | New | 0.33% | +0.33 |
| HOUS Anywhere Real Estate Inc. | New | 0.31% | +0.31 |
| LPAA Launch One Acquisition Corp. | Add +200.0% | 0.41% | +0.29 |
| FG MERGER II CORP | Add +128.8% | 0.47% | +0.28 |
| MSOS Advisorshares Pure US Cann | New | 0.27% | +0.27 |
| SPOT Spotify Technology SA | Add +4803.4% | 0.26% | +0.25 |
| RIV Rivernorth Opportunities | New | 0.25% | +0.25 |
| PRAX Praxis Precision Medicines I | Add +316.7% | 0.28% | +0.23 |
| BLZRU Trailblazer Acquisition Corp. | New | 0.20% | +0.20 |
| CENX Century Aluminum Company | Add +9702.0% | 0.19% | +0.19 |
| LITS Lite Strategy Inc. | New | 0.19% | +0.19 |
| PPTA Perpetua Resources Corp. | New | 0.18% | +0.18 |
| NUVB Nuvation Bio Inc. | New | 0.18% | +0.18 |
| EMO Clearbridge Energy Midstream | New | 0.18% | +0.18 |
| Z Zillow Group Inc. Class C | Add +25079.4% | 0.17% | +0.17 |
| ONCHU 1RT Acquisition Corp. | New | 0.17% | +0.17 |
| NUTX Nutex Health Inc. | New | 0.16% | +0.16 |
| APACU Stonebridge Acquisition II C | New | 0.16% | +0.16 |
| HDRN Hadron Energy Inc. | New | 0.16% | +0.16 |
| XSCDX LMP Capital and Income Fund | Add +117.5% | 0.26% | +0.15 |
| VZLA Vizsla Silver Corp. | Add +213.5% | 0.19% | +0.15 |
| EMPD Empery Digital Inc. | New | 0.15% | +0.15 |
| BRR Columbus Circle Capital Co. Class A | New | 0.14% | +0.14 |
| HON Honeywell International Inc. | Add +612.5% | 0.17% | +0.14 |
| TTEK Tetra Tech Inc. | Add +334.2% | 0.18% | +0.14 |
| IAG Iamgold Corp. | New | 0.14% | +0.14 |
Options Activity Q2 2025 → Q3 2025
| SWTX Springworks Therapeutics Inc. | call | Sold out | 285,000 | $13.4Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | New | 20,000 | $12.0M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | New | 118,800 | $9.6M |
| TLT iShares 20+ Year Treasury BD | call | Sold out | 100,000 | $8.8Mbefore exit |
| ARKK ARK Innovation ETF | put | New | 70,800 | $6.1M |
| OKLO Oklo Inc. | put | New | 43,200 | $4.8M |
| GLD SPDR Gold Shares | call | Sold out | 12,500 | $3.8Mbefore exit |
| DFDV Defi Development Corp. | put | New | 240,000 | $3.7M |
| DJT Trump Media & Technology Gro | put | Sold out | 155,000 | $2.8Mbefore exit |
| CVX Chevron Corp. | call | Sold out | 17,000 | $2.5Mbefore exit |
| UUP Invesco DB US Dollar Index B | call | Sold out | 58,800 | $1.6Mbefore exit |
| USO United States Oil Fund LP | call | Sold out | 20,000 | $1.5Mbefore exit |
| NXE Nexgen Energy Ltd. | call | New | 142,500 | $1.3M |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | put | New | 10,000 | $1.1M |
| PEP Pepsico Inc. | put | New | 5,000 | $702K |
| IWM iShares Russell 2000 ETF | put | Reduce -73.0% | 2,700 | $653K |
| DNN Denison Mines Corp. | call | New | 235,000 | $646K |
| CM Can Imperial BK of Commerce | put | New | 7,500 | $599K |
| U Unity Software Inc. | call | Sold out | 23,000 | $557Kbefore exit |
| SBUX Starbucks Corp. | put | New | 6,300 | $533K |
| CRC California Resources Corp. | call | New | 8,300 | $441K |
| OSG Octave Specialty Group Inc. | call | New | 52,500 | $438K |
| BUD Anheuser-Busch Inbev-SPN ADR | put | New | 7,000 | $417K |
| GDOT Green Dot Corp. Class A | call | New | 30,000 | $403K |
| MMM 3M Co. | put | New | 2,500 | $388K |
| CLMT Calumet Inc. | call | New | 17,500 | $319K |
| BTU Peabody Energy Corp. | call | New | 10,000 | $265K |
| BULL Webull Corp. | put | New | 16,100 | $238K |
| DOLE Dole PLC | call | New | 17,300 | $233K |
| SOFI Sofi Technologies Inc. | put | New | 8,800 | $232K |
| HOOD Robinhood Markets Inc. Class A | put | New | 1,500 | $215K |
| STZ Constellation Brands Inc. Class A | put | New | 1,500 | $202K |
| WU Western Union Co. | put | New | 22,000 | $176K |
| FTAI Ftai Aviation Ltd. | call | New | 1,000 | $167K |
| SOC Sable Offshore Corp. | put | New | 9,000 | $157K |
| CVNA Carvana Co. | put | New | 400 | $151K |
| HNRG Hallador Energy Co. | call | New | 7,000 | $137K |
| RNAM Avidity Biosciences Inc. | put | New | 2,900 | $126K |
| SAFE Safehold Inc. | put | New | 5,000 | $77K |
| XRX Xerox Holdings Corp. | put | New | 20,000 | $75K |
| TIPT Tiptree Inc. | call | New | 3,500 | $67K |
| FIP Ftai Infrastructure Inc. | call | New | 15,000 | $65K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | Add +388.9% | 4,400,000 | $4.4M |
| GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) | NOTE 5.875%10/0 · principal | New | 2,179,000 | $2.2M |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | New | 1,300,000 | $1.5M |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | New | 1,000,000 | $1.2M |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | Sold out | 800,000 | $793Kbefore exit |
| BRAEMAR HOTELS & RESORTS (BHR 4.5 06/01/26) | NOTE 4.500% 6/0 · principal | New | 477,000 | $469K |
| NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) | NOTE 7.500%10/1 · principal | New | 259,000 | $271K |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | Reduce -40.0% | 149,996 | $102K |
| BRRWW Columbus Circle Capital -30 | *W EXP 05/16/203 | Add +20.0% | 30,000 | $36K |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | Reduce -45.9% | 70,000 | $35K |
| IPCXR Inflection Point Acquisition | RIGHT 04/25/2030 | New | 75,000 | $33K |
| DYNCW Dynamix Corp. - 29 | *W EXP 10/25/202 | Sold out | 63,486 | $25Kbefore exit |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | Reduce -33.3% | 100,000 | $22K |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | Reduce -41.1% | 37,500 | $20K |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | Reduce -11.8% | 89,581 | $17K |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | Reduce -51.2% | 12,191 | $15K |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | New | 97,400 | $15K |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | New | 75,000 | $12K |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | Sold out | 25,250 | $6Kbefore exit |
| ALDFW Aldel Financial II Inc. - 29 | *W EXP 09/26/203 | Reduce -80.0% | 10,000 | $5K |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | Sold out | 30,362 | $4Kbefore exit |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | New | 25,000 | $4K |
| INFQ.WS Churchill Capital Corp. X | *W EXP 05/14/203 | Reduce -97.0% | 890 | $3K |
| BLACKROCK INCOME TR-RT | RIGHT 10/20/2025 | Add +2130.8% | 37,990 | $2K |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | Reduce -93.0% | 700 | $546 |
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 |