Quarry LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Quarry LP reported 2,028 stock positions worth $584.1 million. Its top holding was Amazon.com (AMZN) at 17.8% of the portfolio, followed by Nvidia (NVDA, 16.0%) and Cyberark Software Ltd./Israel (CYBR, 2.7%). Compared with Q3 2025, it opened 605 new positions, sold out of 646, added to 482 and reduced 918. The biggest buy was Amazon.com (AMZN, shares +3168%) and the biggest sale an exit from Interpublic Group of Cos (IPG).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001965207
- Portfolio Value
- $584.1M (Q4 2025)
- SEC Filing
- 0001965207-26-000002 ↗ filed Feb 13, 2026
Holdings Value
Holdings 2,028 stocks · $584.1M
| AMZN Amazon.com Inc. | 17.81% | 227,890 | $104.0M | Add +3168.2% |
| NVDA Nvidia Corp. | 16.02% | 254,112 | $93.6M | Add +6764.2% |
| CYBR Cyberark Software Ltd./Israel | 2.73% | 35,775 | $16.0M | Add +9.2% |
| FYBR Frontier Communications Pare | 2.68% | 411,663 | $15.7M | Reduce -3.8% |
| NSC Norfolk Southern Corp. | 2.16% | 43,790 | $12.6M | Add +31.5% |
| CMA Comerica Inc. | 1.96% | 131,826 | $11.5M | Add +14120.7% |
| EA Electronic Arts Inc. | 1.91% | 54,528 | $11.1M | New |
| CLM Cornerstone Strategic Invest | 1.77% | 1,235,307 | $10.3M | Add +353.6% |
| CRF Cornerstone Total Return | 1.73% | 1,260,432 | $10.1M | Add +380.0% |
| TXNM TXNM Energy Inc. | 1.64% | 162,534 | $9.6M | Reduce -2.6% |
| DAY Dayforce Inc. | 1.49% | 126,000 | $8.7M | New |
| CAEP Cantor Equity Partners III-A | 1.44% | 826,739 | $8.4M | Add +1249.8% |
| IPCX Inflection Point Acquisiti-A | 1.24% | 714,057 | $7.2M | New |
| GTLS Chart Industries Inc. | 1.19% | 33,831 | $7.0M | Add +3.1% |
| EXAS Exact Sciences Corp. | 1.18% | 67,821 | $6.9M | New |
| USA Liberty All Star Equity Fund | 1.15% | 1,067,605 | $6.7M | New |
| AES AES Corp. | 1.02% | 415,383 | $6.0M | Add +248632.3% |
| ANSC Agriculture & Natural Soluti | 0.95% | 494,688 | $5.5M | Add +394.7% |
| ACP Abrdn Income Credit Strat | 0.71% | 767,032 | $4.1M | Add +352.2% |
| ECHO Echostar Corp. Class A | 0.59% | 31,775 | $3.5M | Reduce -29.4% |
| HAYMAKER ACQUISITION CORP 4 | 0.58% | 298,232 | $3.4M | Reduce -31.5% |
| CADE Cadence Bank | 0.54% | 73,115 | $3.1M | New |
| VACH Voyager Acquisition Corp. | 0.53% | 287,921 | $3.1M | Add +23.1% |
| BIXIU Bitcoin Infrastructure Acqui | 0.51% | 300,000 | $3.0M | New |
| KVACF Keen Vision Acquisition Corp. | 0.51% | 251,364 | $3.0M | No change |
| CDTX Cidara Therapeutics Inc. | 0.49% | 12,987 | $2.9M | New |
| DMAA Drugs Made in America Acquis | 0.47% | 266,551 | $2.8M | Add +1595.5% |
| CEPO Cantor Equity Partners I-A | 0.45% | 251,046 | $2.6M | New |
| ATXS Astria Therapeutics Inc. | 0.42% | 188,988 | $2.5M | Add +10906.9% |
| BLRKU Bluerock Acquisition Corp. | 0.39% | 225,000 | $2.3M | New |
| XJQCX Nuveen Credit Strategies Inc. | 0.38% | 447,799 | $2.2M | Add +13.1% |
| TDS Telephone and Data Systems | 0.37% | 53,258 | $2.2M | Add +409576.9% |
| GDX Vaneck Gold Miners ETF | 0.35% | 23,948 | $2.1M | Reduce -44.6% |
| BRW Saba Capital Income & Opport | 0.35% | 289,225 | $2.0M | Add +164.7% |
| BCAT BlackRock Capital Alloc TR | 0.35% | 142,366 | $2.0M | New |
| XME SS SPDR S&P Metals Mining | 0.34% | 19,431 | $2.0M | Reduce -39.8% |
| CBRE GBL REAL ESTATE INC FD | 0.33% | 445,498 | $2.0M | New |
| RIV Rivernorth Opportunities | 0.31% | 153,570 | $1.8M | Add +96.9% |
| FG MERGER II CORP | 0.31% | 177,635 | $1.8M | No change |
| HAVAU Harvard Ave Acquisition Corp. | 0.30% | 175,000 | $1.8M | New |
| HOUS Anywhere Real Estate Inc. | 0.30% | 123,997 | $1.8M | Add +10.9% |
| EURK Eureka Acquisition Corp. | 0.29% | 155,400 | $1.7M | No change |
| ZTR Virtus Total Return Fund Inc. | 0.29% | 265,646 | $1.7M | Reduce -19.9% |
| LPAA Launch One Acquisition Corp. | 0.27% | 150,000 | $1.6M | No change |
| XBI SS SPDR S&P Biotech ETF | 0.27% | 13,008 | $1.6M | Reduce -55.8% |
| EMO Clearbridge Energy Midstream | 0.27% | 35,239 | $1.6M | Add +127.3% |
| PDI PIMCO Dynamic Income Fund | 0.27% | 88,604 | $1.6M | New |
| MLAC Mountain Lake Acquisition-A | 0.27% | 150,000 | $1.6M | New |
| FVN Future Vision II Acquisition | 0.26% | 145,000 | $1.5M | No change |
| XRPN Armada Acquisition Class A | 0.26% | 147,423 | $1.5M | New |
| XOP SS SPDR S&P Og Exp & Prod | 0.26% | 11,945 | $1.5M | Reduce -41.1% |
| SBXDF Silverbox Corp. IV-A | 0.26% | 141,597 | $1.5M | New |
| MDY State Street SPDR S&P Midcap | 0.24% | 2,325 | $1.4M | New |
| FSHP Flag Ship Acquisition Corp. | 0.24% | 130,000 | $1.4M | No change |
| UTF Cohen & Steers Infrastructur | 0.23% | 56,139 | $1.4M | Reduce -70.5% |
| MEGI Nylim CBRE GB Infra Mtrnd TF filed as NYLI CBRE GBL INFR MEGTRNDS | 0.23% | 95,739 | $1.3M | New |
| VVR Invesco Senior Income Trust | 0.23% | 402,393 | $1.3M | New |
| KOYN CSLM Digital Asset Acqu - A | 0.22% | 130,000 | $1.3M | Reduce -27.8% |
| CEPV Cantor Equity Partners Class A | 0.22% | 125,000 | $1.3M | New |
| BEAG Bold Eagle Acquisition Cor-A | 0.21% | 117,662 | $1.2M | Reduce -35.0% |
| EHI Western Asset Global High Inc. | 0.21% | 187,883 | $1.2M | Add +49.4% |
| FTF Franklin Ltd. Dur Inc. TR | 0.20% | 192,663 | $1.2M | New |
| PRAX Praxis Precision Medicines I | 0.20% | 4,000 | $1.2M | Reduce -80.0% |
| PLTR Palantir Technologies Inc. Class A | 0.20% | 6,625 | $1.2M | Add +147.8% |
| AACB Artius II Acquisition Inc. Class A | 0.19% | 110,500 | $1.1M | New |
| JGH Nuveen Global High Income | 0.19% | 90,216 | $1.1M | New |
| BTX BlackRock Tech & Priv Eqty | 0.19% | 170,066 | $1.1M | New |
| ITHAU Ithax Acquisition Corp. III | 0.19% | 110,000 | $1.1M | New |
| HYI Western Asset High Yield Opp | 0.18% | 96,367 | $1.1M | New |
| SIMA Sim Acquisition Corp. I-A | 0.18% | 100,000 | $1.1M | No change |
| NWAX.U New America Acquisition I Co. | 0.18% | 100,000 | $1.0M | New |
| KFIIU K&F Growth Acquisition Corp. | 0.18% | 99,500 | $1.0M | No change |
| JENA Jena Acquisition Corp. II - A | 0.17% | 100,000 | $1.0M | New |
| MCN Xai Madison Equity Premium I | 0.17% | 168,937 | $1.0M | Add +140.9% |
| DYNC Dynamix Corp. | 0.17% | 97,751 | $1.0M | New |
| AEAQU Activate Energy Acquisition | 0.17% | 100,000 | $1000K | New |
| DMII Drugs Made in America Acquis | 0.17% | 100,000 | $990K | Add +150.0% |
| VACI.U Viking Acquisitions Corp. I | 0.16% | 95,000 | $958K | New |
| DMA Destra Multi-Alternative | 0.16% | 103,453 | $928K | Reduce -9.1% |
| PRTH Priority Technology Holdings | 0.16% | 169,819 | $926K | Add +92.7% |
| RQI Cohen & Steers Qual Inc. RLTY | 0.16% | 79,387 | $907K | New |
| EIX Edison International | 0.15% | 15,081 | $905K | Add +101.6% |
| JFR Nuveen Floating Rate Income | 0.15% | 115,372 | $903K | New |
| BGT BlackRock Fltng RT Inc. TR | 0.15% | 79,163 | $897K | New |
| MMTXU Miluna Acquisition Corp. | 0.15% | 87,500 | $874K | New |
| XSCDX LMP Capital and Income Fund | 0.15% | 58,359 | $864K | Reduce -9.8% |
| BEBE.U Tge Value Creative Solutions | 0.14% | 85,000 | $845K | New |
| CAT Caterpillar Inc. | 0.14% | 1,428 | $818K | Add +75.9% |
| CHPG Championsgate Acquisitio-A | 0.14% | 80,000 | $815K | New |
| FSCO FS Credit Opportunities Corp. | 0.14% | 125,281 | $789K | New |
| GIWWU GIGCAPITAL8 Corp. | 0.13% | 75,000 | $768K | New |
| AIIA.U AI Infrastructure Acquisitio | 0.13% | 75,000 | $764K | New |
| DTSQ DT Cloud Star Acquisition Co. | 0.13% | 69,555 | $748K | New |
| SVAQU Silicon Valley Acquisition C | 0.13% | 75,000 | $746K | New |
| BAYA Bayview Acquisition Corp. Class A | 0.13% | 61,475 | $730K | Reduce -50.0% |
| TLN Talen Energy Corp. | 0.12% | 1,917 | $719K | Add +47.7% |
| PCG P G & E Corp. | 0.11% | 39,494 | $635K | Add +59.7% |
| GTEN Gores Holdings X Inc. Class A | 0.11% | 61,632 | $632K | Add +22.9% |
| SCIIU SC II Acquisition Corp. | 0.11% | 62,500 | $629K | New |
| XERS Xeris Biopharma Holdings Inc. | 0.11% | 80,000 | $628K | Reduce -3.0% |
Options reported separately and not counted above: XLF puts ($8.2M), SPY puts ($5.1M), SLV puts ($4.5M), NXE calls ($3.4M), HYG puts ($2.1M), DNN calls ($798K), HCI calls ($498K), SBUX puts ($421K), KNSL puts ($313K), RSP puts ($306K), PEP puts ($287K), FTAI calls ($276K), and 15 more.
Other holdings (36): bonds, preferreds, convertibles and warrants · $26.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | 4,700,000 | $4.7M | Add +6.8% |
| MARA HOLDINGS INC (MARA 0 06/01/31) | NOTE 6/0 · principal | 3,700,000 | $3.1M | New |
| 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 |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 2,400,000 | $2.4M | Reduce -51.0% |
| GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) | NOTE 5.875%10/0 · principal | 2,179,000 | $2.2M | No change |
| CLEANSPARK INC (CLSK 0 06/15/30) | NOTE 6/1 · principal | 2,000,000 | $2.1M | New |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 1,300,000 | $1.7M | No change |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 1,300,000 | $1.5M | No change |
| BRAEMAR HOTELS & RESORTS (BHR 4.5 06/01/26) | NOTE 4.500% 6/0 · principal | 1,477,000 | $1.5M | Add +209.6% |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | 1,000,000 | $1.0M | No change |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 400,000 | $494K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 101,451 | $157K | Reduce -45.1% |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 149,996 | $110K | No change |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | 148,300 | $47K | Reduce -1.1% |
| KOYNW CSLM Digital Asset Acquisiti | *W EXP 08/28/203 | 90,000 | $32K | New |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | 63,779 | $31K | Reduce -8.9% |
| TMSWW Live Oak Acquisition Co.-CW29 | *W EXP 99/99/999 | 29,294 | $29K | Reduce -40.8% |
| IPCXR Inflection Point Acquisition | RIGHT 04/25/2030 | 75,000 | $28K | No change |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | 100,000 | $19K | No change |
| JENA ACQUISITION CORP II-RTS | RIGHT 03/31/2030 | 100,000 | $17K | New |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | 24,996 | $14K | New |
| CHPGR Championsgate Acquisition Co. | RIGHT 05/14/2030 | 80,000 | $13K | New |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | 50,000 | $12K | Reduce -48.7% |
| DMIIR Drugs Made in America Acq-RT | RIGHT 09/16/2030 | 80,900 | $11K | Add +102.3% |
| FACTW Fact II Acquisition Corp. -29 | *W EXP 11/26/203 | 25,000 | $9K | Reduce -60.0% |
| OBAWW Oxley Bridge Acq Ltd. -30 | *W EXP 06/17/203 | 37,500 | $8K | New |
| ANNAW Aleanna Inc. Class A - 29 | *W EXP 12/13/202 | 52,251 | $7K | No change |
| ONCHW 1RT Acquisition Corp.-A -31 | *W EXP 06/26/203 | 12,500 | $7K | New |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | 38,725 | $7K | Reduce -48.4% |
| RTACW Renatus Tactical Acqu - 30 | *W EXP 05/15/203 | 7,500 | $6K | New |
| LWACW Lightwave Acquisition Corp. | *W EXP 06/06/203 | 25,000 | $6K | New |
| 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 | 14,970 | $4K | Reduce -25.1% |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | 25,000 | $4K | No change |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 38,731 | $3K | Reduce -56.8% |
Total filed on the 13F, all lines: $611.0M.
Portfolio Sells Q3 2025 → Q4 2025
| IPG Interpublic Group of Cos Inc. | Sold out | 0.00% | −4.61 |
| VRNA Verona Pharma Ltd. | Sold out | 0.00% | −2.78 |
| K Kellanova | Sold out | 0.00% | −2.23 |
| FYBR Frontier Communications Pare | Reduce -3.8% | 2.68% | −1.51 |
| SPR Spirit Aerosystems Hold Class A | Sold out | 0.00% | −1.49 |
| XPHDX Pioneer Floating Rate Fund | Sold out | 0.00% | −1.39 |
| SCS Steelcase Inc. Class A | Sold out | 0.00% | −1.28 |
| UTF Cohen & Steers Infrastructur | Reduce -70.5% | 0.23% | −1.00 |
| CORZ Core Scientific Inc. | Sold out | 0.00% | −0.97 |
| TXNM TXNM Energy Inc. | Reduce -2.6% | 1.64% | −0.84 |
| XJEQX Abrdn Japan Equity Fund Inc. | Sold out | 0.00% | −0.82 |
| HAYMAKER ACQUISITION CORP 4 | Reduce -31.5% | 0.58% | −0.71 |
| HONE Harborone Bancorp Inc. | Sold out | 0.00% | −0.71 |
| GDX Vaneck Gold Miners ETF | Reduce -44.6% | 0.35% | −0.51 |
| XBI SS SPDR S&P Biotech ETF | Reduce -55.8% | 0.27% | −0.50 |
| UTG Reaves Utility Income Fund | Sold out | 0.00% | −0.50 |
| AFJK Aimei Health Technology Co. | Sold out | 0.00% | −0.50 |
| COOP Mr Cooper Group Inc. | Sold out | 0.00% | −0.46 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -41.1% | 0.26% | −0.45 |
| XME SS SPDR S&P Metals Mining | Reduce -39.8% | 0.34% | −0.44 |
| ASPC A Spac III Acquisition Class A | Sold out | 0.00% | −0.41 |
| BE Bloom Energy Corp. Class A | Sold out | 0.00% | −0.38 |
| RFMZ Rivernorth Flex Muni II | Sold out | 0.00% | −0.38 |
| SE Sea Ltd.-ADR | Reduce -99.6% | 0.00% | −0.34 |
| GOOGL Alphabet Inc. Class A | Reduce -96.9% | 0.01% | −0.32 |
| ECHO Echostar Corp. Class A | Reduce -29.4% | 0.59% | −0.31 |
| JENA.U Jena Acquisition Corp. II | Reduce -80.0% | 0.04% | −0.30 |
| RACE Ferrari NV | Reduce -98.8% | 0.00% | −0.30 |
| FACT Fact II Acquisition Corp. | Reduce -80.0% | 0.04% | −0.29 |
| NETD Nabors Energy Transition C-A | Sold out | 0.00% | −0.29 |
| ORLY O'reilly Automotive Inc. | Reduce -85.1% | 0.03% | −0.29 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.29 |
| MSFT Microsoft Corp. | Reduce -84.8% | 0.03% | −0.28 |
| BEAG Bold Eagle Acquisition Cor-A | Reduce -35.0% | 0.21% | −0.28 |
| IBAC Ib Acquisition Corp. | Sold out | 0.00% | −0.28 |
| ZTR Virtus Total Return Fund Inc. | Reduce -19.9% | 0.29% | −0.27 |
| NMAI Nuveen Multi-Asset Income | Sold out | 0.00% | −0.27 |
| KOYN CSLM Digital Asset Acqu - A | Reduce -27.8% | 0.22% | −0.26 |
| SPOT Spotify Technology SA | Reduce -96.5% | 0.01% | −0.26 |
| BAYA Bayview Acquisition Corp. Class A | Reduce -50.0% | 0.13% | −0.25 |
| AVK Advent Convert & Income | Reduce -60.0% | 0.08% | −0.24 |
| MRLN Merlin Inc. | Sold out | 0.00% | −0.24 |
| OAKU Oak Woods Acquisition Corp. Class A | Sold out | 0.00% | −0.23 |
| CHPGU Championsgate Acquisition Co. | Sold out | 0.00% | −0.22 |
| BACCU Blue Acquisition Corp. | Reduce -79.2% | 0.04% | −0.22 |
| XRPNU Armada Acquisition Corp. II | Sold out | 0.00% | −0.21 |
| BLZRU Trailblazer Acquisition Corp. | Sold out | 0.00% | −0.20 |
| DG Dollar General Corp. | Reduce -95.2% | 0.01% | −0.20 |
| VZLA Vizsla Silver Corp. | Sold out | 0.00% | −0.19 |
| TTEK Tetra Tech Inc. | Sold out | 0.00% | −0.18 |
Portfolio Buys Q3 2025 → Q4 2025
| AMZN Amazon.com Inc. | Add +3168.2% | 17.81% | +17.41 |
| NVDA Nvidia Corp. | Add +6764.2% | 16.02% | +15.84 |
| CMA Comerica Inc. | Add +14120.7% | 1.96% | +1.95 |
| EA Electronic Arts Inc. | New | 1.91% | +1.91 |
| DAY Dayforce Inc. | New | 1.49% | +1.49 |
| CAEP Cantor Equity Partners III-A | Add +1249.8% | 1.44% | +1.28 |
| IPCX Inflection Point Acquisiti-A | New | 1.24% | +1.24 |
| EXAS Exact Sciences Corp. | New | 1.18% | +1.18 |
| CLM Cornerstone Strategic Invest | Add +353.6% | 1.77% | +1.18 |
| CRF Cornerstone Total Return | Add +380.0% | 1.73% | +1.17 |
| USA Liberty All Star Equity Fund | New | 1.15% | +1.15 |
| AES AES Corp. | Add +248632.3% | 1.02% | +1.02 |
| ANSC Agriculture & Natural Soluti | Add +394.7% | 0.95% | +0.66 |
| CADE Cadence Bank | New | 0.54% | +0.54 |
| BIXIU Bitcoin Infrastructure Acqui | New | 0.51% | +0.51 |
| CDTX Cidara Therapeutics Inc. | New | 0.49% | +0.49 |
| ACP Abrdn Income Credit Strat | Add +352.2% | 0.71% | +0.45 |
| CEPO Cantor Equity Partners I-A | New | 0.45% | +0.45 |
| DMAA Drugs Made in America Acquis | Add +1595.5% | 0.47% | +0.43 |
| ATXS Astria Therapeutics Inc. | Add +10906.9% | 0.42% | +0.42 |
| BLRKU Bluerock Acquisition Corp. | New | 0.39% | +0.39 |
| TDS Telephone and Data Systems | Add +409576.9% | 0.37% | +0.37 |
| BCAT BlackRock Capital Alloc TR | New | 0.35% | +0.35 |
| CBRE GBL REAL ESTATE INC FD | New | 0.33% | +0.33 |
| HAVAU Harvard Ave Acquisition Corp. | New | 0.30% | +0.30 |
| PDI PIMCO Dynamic Income Fund | New | 0.27% | +0.27 |
| MLAC Mountain Lake Acquisition-A | New | 0.27% | +0.27 |
| XRPN Armada Acquisition Class A | New | 0.26% | +0.26 |
| SBXDF Silverbox Corp. IV-A | New | 0.26% | +0.26 |
| MDY State Street SPDR S&P Midcap | New | 0.24% | +0.24 |
| MEGI Nylim CBRE GB Infra Mtrnd TF | New | 0.23% | +0.23 |
| VVR Invesco Senior Income Trust | New | 0.23% | +0.23 |
| CEPV Cantor Equity Partners Class A | New | 0.22% | +0.22 |
| FTF Franklin Ltd. Dur Inc. TR | New | 0.20% | +0.20 |
| AACB Artius II Acquisition Inc. Class A | New | 0.19% | +0.19 |
| JGH Nuveen Global High Income | New | 0.19% | +0.19 |
| BTX BlackRock Tech & Priv Eqty | New | 0.19% | +0.19 |
| ITHAU Ithax Acquisition Corp. III | New | 0.19% | +0.19 |
| HYI Western Asset High Yield Opp | New | 0.18% | +0.18 |
| NWAX.U New America Acquisition I Co. | New | 0.18% | +0.18 |
| JENA Jena Acquisition Corp. II - A | New | 0.17% | +0.17 |
| DYNC Dynamix Corp. | New | 0.17% | +0.17 |
| AEAQU Activate Energy Acquisition | New | 0.17% | +0.17 |
| VACI.U Viking Acquisitions Corp. I | New | 0.16% | +0.16 |
| RQI Cohen & Steers Qual Inc. RLTY | New | 0.16% | +0.16 |
| JFR Nuveen Floating Rate Income | New | 0.15% | +0.15 |
| BGT BlackRock Fltng RT Inc. TR | New | 0.15% | +0.15 |
| MMTXU Miluna Acquisition Corp. | New | 0.15% | +0.15 |
| BEBE.U Tge Value Creative Solutions | New | 0.14% | +0.14 |
| CHPG Championsgate Acquisitio-A | New | 0.14% | +0.14 |
Options Activity Q3 2025 → Q4 2025
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 20,000 | $12.0Mbefore exit |
| XLF SS Financial Select Sector | put | New | 150,000 | $8.2M |
| ARKK ARK Innovation ETF | put | Sold out | 70,800 | $6.1Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 7,500 | $5.1M |
| OKLO Oklo Inc. | put | Sold out | 43,200 | $4.8Mbefore exit |
| SLV iShares Silver Trust | put | New | 70,000 | $4.5M |
| DFDV Defi Development Corp. | put | Sold out | 240,000 | $3.7Mbefore exit |
| NXE Nexgen Energy Ltd. | call | Add +156.0% | 364,800 | $3.4M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Reduce -78.1% | 26,000 | $2.1M |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | put | Sold out | 10,000 | $1.1Mbefore exit |
| DNN Denison Mines Corp. | call | Add +27.7% | 300,000 | $798K |
| CM Can Imperial BK of Commerce | put | Sold out | 7,500 | $599Kbefore exit |
| HCI Hci Group Inc. | call | New | 2,600 | $498K |
| CRC California Resources Corp. | call | Sold out | 8,300 | $441Kbefore exit |
| OSG Octave Specialty Group Inc. | call | Sold out | 52,500 | $438Kbefore exit |
| SBUX Starbucks Corp. | put | Reduce -20.6% | 5,000 | $421K |
| BUD Anheuser-Busch Inbev-SPN ADR | put | Sold out | 7,000 | $417Kbefore exit |
| GDOT Green Dot Corp. Class A | call | Sold out | 30,000 | $403Kbefore exit |
| MMM 3M Co. | put | Sold out | 2,500 | $388Kbefore exit |
| CLMT Calumet Inc. | call | Sold out | 17,500 | $319Kbefore exit |
| KNSL Kinsale Capital Group Inc. | put | New | 800 | $313K |
| RSP Invesco S&P 500 Equal Weight | put | New | 1,600 | $306K |
| PEP Pepsico Inc. | put | Reduce -60.0% | 2,000 | $287K |
| FTAI Ftai Aviation Ltd. | call | Add +40.0% | 1,400 | $276K |
| IWM iShares Russell 2000 ETF | put | Reduce -59.3% | 1,100 | $271K |
| BTU Peabody Energy Corp. | call | Sold out | 10,000 | $265Kbefore exit |
| SKWD Skyward Specialty Insurance | put | New | 5,000 | $256K |
| BULL Webull Corp. | put | Sold out | 16,100 | $238Kbefore exit |
| WU Western Union Co. | put | Add +13.6% | 25,000 | $233K |
| DOLE Dole PLC | call | Sold out | 17,300 | $233Kbefore exit |
| CMCSA Comcast Corp. Class A | put | New | 7,500 | $224K |
| HOOD Robinhood Markets Inc. Class A | put | Sold out | 1,500 | $215Kbefore exit |
| STZ Constellation Brands Inc. Class A | put | Sold out | 1,500 | $202Kbefore exit |
| XOP SS SPDR S&P Og Exp & Prod | put | New | 1,500 | $189K |
| VG Venture Global Inc. Class A | put | New | 25,000 | $171K |
| SOC Sable Offshore Corp. | put | Sold out | 9,000 | $157Kbefore exit |
| CORT Corcept Therapeutics Inc. | call | New | 4,400 | $153K |
| CVNA Carvana Co. | put | Sold out | 400 | $151Kbefore exit |
| HNRG Hallador Energy Co. | call | Sold out | 7,000 | $137Kbefore exit |
| RNAM Avidity Biosciences Inc. | put | Sold out | 2,900 | $126Kbefore exit |
| COF Capital One Financial Corp. | put | New | 500 | $121K |
| LION Lionsgate Studios Corp. | call | New | 12,500 | $114K |
| TAC Transalta Corp. | call | New | 6,600 | $83K |
| XRX Xerox Holdings Corp. | put | Sold out | 20,000 | $75Kbefore exit |
| TIPT Tiptree Inc. | call | Sold out | 3,500 | $67Kbefore exit |
| SOFI Sofi Technologies Inc. | put | Reduce -71.6% | 2,500 | $65K |
| SCHL Scholastic Corp. | call | New | 2,100 | $62K |
| FIP Ftai Infrastructure Inc. | call | Reduce -50.0% | 7,500 | $35K |
| FRMI Fermi Inc. | call | New | 4,000 | $32K |
| SAFE Safehold Inc. | put | Reduce -92.0% | 400 | $5K |
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
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | Add +6.8% | 4,700,000 | $4.7M |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | Sold out | 4,100,000 | $4.1Mbefore exit |
| MARA HOLDINGS INC (MARA 0 06/01/31) | NOTE 6/0 · principal | New | 3,700,000 | $3.1M |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | Reduce -51.0% | 2,400,000 | $2.4M |
| CLEANSPARK INC (CLSK 0 06/15/30) | NOTE 6/1 · principal | New | 2,000,000 | $2.1M |
| BRAEMAR HOTELS & RESORTS (BHR 4.5 06/01/26) | NOTE 4.500% 6/0 · principal | Add +209.6% | 1,477,000 | $1.5M |
| NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) | NOTE 7.500%10/1 · principal | Sold out | 259,000 | $271Kbefore exit |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | Reduce -45.1% | 101,451 | $157K |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | Reduce -1.1% | 148,300 | $47K |
| BRRWW Columbus Circle Capital -30 | *W EXP 05/16/203 | Sold out | 30,000 | $36Kbefore exit |
| KOYNW CSLM Digital Asset Acquisiti | *W EXP 08/28/203 | New | 90,000 | $32K |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | Reduce -8.9% | 63,779 | $31K |
| TMSWW Live Oak Acquisition Co.-CW29 | *W EXP 99/99/999 | Reduce -40.8% | 29,294 | $29K |
| FGMCR FG Merger II Corp. | RIGHT 02/11/2030 | Sold out | 51,000 | $21Kbefore exit |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | Sold out | 37,500 | $20Kbefore exit |
| JENA ACQUISITION CORP II-RTS | RIGHT 03/31/2030 | New | 100,000 | $17K |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | Sold out | 12,191 | $15Kbefore exit |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | New | 24,996 | $14K |
| CHPGR Championsgate Acquisition Co. | RIGHT 05/14/2030 | New | 80,000 | $13K |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | Reduce -48.7% | 50,000 | $12K |
| DMIIR Drugs Made in America Acq-RT | RIGHT 09/16/2030 | Add +102.3% | 80,900 | $11K |
| FACTW Fact II Acquisition Corp. -29 | *W EXP 11/26/203 | Reduce -60.0% | 25,000 | $9K |
| OBAWW Oxley Bridge Acq Ltd. -30 | *W EXP 06/17/203 | New | 37,500 | $8K |
| ONCHW 1RT Acquisition Corp.-A -31 | *W EXP 06/26/203 | New | 12,500 | $7K |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | Reduce -48.4% | 38,725 | $7K |
| RTACW Renatus Tactical Acqu - 30 | *W EXP 05/15/203 | New | 7,500 | $6K |
| LWACW Lightwave Acquisition Corp. | *W EXP 06/06/203 | New | 25,000 | $6K |
| ALDFW Aldel Financial II Inc. - 29 | *W EXP 09/26/203 | Sold out | 10,000 | $5Kbefore exit |
| POLEW Andretti Acquisition Corp.-29 | *W EXP 06/01/203 | Reduce -25.1% | 14,970 | $4K |
| INFQ.WS Churchill Capital Corp. X | *W EXP 05/14/203 | Sold out | 890 | $3Kbefore exit |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | Reduce -56.8% | 38,731 | $3K |
| BLACKROCK INCOME TR-RT | RIGHT 10/20/2025 | Sold out | 37,990 | $2Kbefore exit |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | Sold out | 700 | $546before 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 |