Readystate Asset Management LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Readystate Asset Management LP reported 339 stock positions worth $1.1 billion. Its top holding was Ishr Ibx Usd Hiyld CB ETF-Ui (HYG) at 7.1% of the portfolio, followed by Intra-Cellular Therapies (ITCI, 6.1%) and Kellanova (K, 5.5%). Compared with Q4 2024, it opened 164 new positions, sold out of 172, added to 89 and reduced 74. The biggest buy was a new position in Ishr Ibx Usd Hiyld CB ETF-Ui (HYG) and the biggest sale an exit from iShares Core S&P 500 ETF (IVV).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001900923
- Portfolio Value
- $1.1B (Q1 2025)
- SEC Filing
- 0001214659-25-007008 ↗ filed May 6, 2025
Holdings Value
Holdings 339 stocks · $1.1B
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 7.09% | 985,104 | $77.7M | New |
| ITCI Intra-Cellular Therapies Inc. | 6.10% | 507,200 | $66.9M | New |
| K Kellanova | 5.48% | 728,247 | $60.1M | Add +10.4% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 4.77% | 481,300 | $52.3M | New |
| FYBR Frontier Communications Pare | 4.57% | 1,396,600 | $50.1M | New |
| HES Hess Corp. | 3.67% | 252,138 | $40.3M | Reduce -52.4% |
| X United States Steel Corp. | 3.14% | 814,318 | $34.4M | Reduce -47.3% |
| BECN Beacon Roofing Supply Inc. | 2.52% | 223,100 | $27.6M | New |
| DLTR Dollar Tree Inc. | 2.50% | 364,663 | $27.4M | Add +26.0% |
| WBD Warner Bros Discovery Inc. | 2.37% | 2,422,502 | $26.0M | Reduce -5.0% |
| SGI Somnigroup International Inc. | 1.86% | 339,911 | $20.4M | Reduce -43.1% |
| OMC Omnicom Group | 1.72% | 227,424 | $18.9M | New |
| CLW Clearwater Paper Corp. | 1.34% | 580,856 | $14.7M | Add +56.7% |
| AGG iShares Core U.S. Aggregate | 1.28% | 142,300 | $14.1M | New |
| PRMB Primo Brands Corp. | 1.16% | 357,700 | $12.7M | New |
| LBRDK Liberty Broadband-C | 1.11% | 142,530 | $12.1M | Reduce -32.9% |
| NET Cloudflare Inc. Class A | 0.96% | 93,768 | $10.6M | Add +162.8% |
| INSM Insmed Inc. | 0.94% | 134,569 | $10.3M | Add +413.8% |
| ACI Albertsons Cos Inc. Class A | 0.93% | 465,600 | $10.2M | Reduce -71.5% |
| SPR Spirit Aerosystems Hold Class A | 0.90% | 286,105 | $9.9M | Add +1950.2% |
| OKLO Oklo Inc. | 0.87% | 442,095 | $9.6M | Reduce -12.3% |
| PARAA Paramount Global Class B | 0.87% | 798,220 | $9.5M | Reduce -29.7% |
| INTC Intel Corp. | 0.86% | 416,855 | $9.5M | Add +733.7% |
| FLYW Flywire Corp.-Voting | 0.83% | 955,970 | $9.1M | Add +160.2% |
| GT Goodyear Tire & Rubber Co. | 0.83% | 981,519 | $9.1M | Reduce -3.8% |
| SIRI Sirius XM Holdings Inc. | 0.79% | 383,027 | $8.6M | Add +17.4% |
| GPN Global Payments Inc. | 0.78% | 87,594 | $8.6M | Add +130.0% |
| GPCR Structure Therapeutics Inc. | 0.76% | 481,241 | $8.3M | Add +129.9% |
| EWTX Edgewise Therapeutics Inc. | 0.72% | 361,233 | $7.9M | Add +1591.0% |
| CZR Caesars Entertainment Inc. | 0.72% | 316,917 | $7.9M | Add +384.2% |
| SFD Smithfield Foods Inc. | 0.71% | 381,769 | $7.8M | New |
| MERC Mercer International Inc. | 0.70% | 1,256,539 | $7.7M | Add +10.9% |
| LYV Live Nation Entertainment Inc. | 0.68% | 57,300 | $7.5M | New |
| JANX Janux Therapeutics Inc. | 0.68% | 276,560 | $7.5M | Reduce -18.6% |
| OGN Organon & Co. | 0.68% | 499,082 | $7.4M | Reduce -8.8% |
| SLNO Soleno Therapeutics Inc. | 0.65% | 99,422 | $7.1M | Add +98.8% |
| DFS Discover Financial Services | 0.64% | 41,000 | $7.0M | New |
| CCO Clear Channel Outdoor Holdin | 0.63% | 6,267,547 | $7.0M | Add +37.9% |
| AXSM Axsome Therapeutics Inc. | 0.63% | 59,553 | $6.9M | New |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.61% | 122,400 | $6.7M | New |
| HEES H&E Equipment Services Inc. | 0.60% | 69,399 | $6.6M | New |
| IEF iShares 7-10 Year Treasury B | 0.56% | 64,700 | $6.2M | New |
| LEGN Legend Biotech Corp.-ADR | 0.55% | 177,369 | $6.0M | New |
| CYTK Cytokinetics Inc. | 0.54% | 148,169 | $6.0M | Add +143.0% |
| HALO Halozyme Therapeutics Inc. | 0.52% | 89,705 | $5.7M | Add +11.6% |
| M Macy's Inc. | 0.51% | 445,880 | $5.6M | Add +64.1% |
| VSXY Victoria's Secret & Co. | 0.47% | 278,941 | $5.2M | Add +4554.4% |
| ZVRA Zevra Therapeutics Inc. | 0.47% | 683,032 | $5.1M | Add +924.6% |
| MKSI MKS Inc. filed as MKS INSTRS INC | 0.46% | 63,187 | $5.1M | Add +55.5% |
| SVC Service Pptys TR | 0.46% | 1,920,976 | $5.0M | Reduce -7.3% |
| ETNB 89BIO Inc. | 0.45% | 685,169 | $5.0M | New |
| DOCN Digitalocean Holdings Inc. | 0.43% | 141,838 | $4.7M | Reduce -72.0% |
| NAMS Newamsterdam Pharma Co. NV | 0.43% | 229,662 | $4.7M | Reduce -11.8% |
| LITE Lumentum Holdings Inc. | 0.42% | 74,332 | $4.6M | Reduce -4.0% |
| S Sentinelone Inc. Class A | 0.38% | 230,591 | $4.2M | New |
| AGS Playags Inc. | 0.38% | 340,000 | $4.1M | New |
| AKRO Akero Therapeutics Inc. | 0.37% | 100,500 | $4.1M | New |
| GXO Gxo Logistics Inc. | 0.36% | 100,000 | $3.9M | New |
| PODD Insulet Corp. | 0.34% | 14,334 | $3.8M | No change |
| STX Seagate Technology Holdings | 0.33% | 42,439 | $3.6M | Add +7.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.33% | 45,550 | $3.6M | New |
| EVRI Everi Holdings Inc. | 0.31% | 252,460 | $3.5M | New |
| DLR Digital Realty Trust Inc. | 0.31% | 23,976 | $3.4M | New |
| VG Venture Global Inc. Class A | 0.31% | 328,638 | $3.4M | New |
| TIP iShares Tips Bond ETF | 0.31% | 30,205 | $3.4M | New |
| BASE Couchbase Inc. | 0.30% | 211,518 | $3.3M | Add +71.2% |
| NCNO Ncino Inc. | 0.30% | 119,911 | $3.3M | Reduce -54.9% |
| YELP Yelp Inc. | 0.30% | 88,700 | $3.3M | New |
| SEE Sealed Air Corp. | 0.29% | 110,483 | $3.2M | Add +138.8% |
| RIG Transocean Ltd. | 0.28% | 972,234 | $3.1M | Add +23.1% |
| BHC Bausch Health Cos Inc. | 0.28% | 470,761 | $3.0M | No change |
| ACCO Acco Brands Corp. | 0.28% | 726,498 | $3.0M | Add +25.3% |
| CYRX Cryoport Inc. | 0.28% | 500,344 | $3.0M | Add +91.6% |
| VTLE Vital Energy Inc. | 0.27% | 142,085 | $3.0M | Add +83.5% |
| LEG Leggett & Platt Inc. | 0.27% | 378,785 | $3.0M | Add +44.5% |
| ACLX Arcellx Inc. | 0.27% | 45,058 | $3.0M | New |
| COIN Coinbase Global Inc. Class A | 0.26% | 16,639 | $2.9M | New |
| JAZZ Jazz Pharmaceuticals PLC | 0.26% | 22,869 | $2.8M | Add +7.7% |
| AMCX AMC Global Media Inc. filed as AMC NETWORKS INC | 0.25% | 405,383 | $2.8M | Add +352.5% |
| WWW Wolverine World Wide Inc. | 0.23% | 184,212 | $2.6M | Add +113.9% |
| TROX Tronox Holdings PLC | 0.22% | 335,264 | $2.4M | New |
| HOUS Anywhere Real Estate Inc. | 0.21% | 705,334 | $2.3M | Add +24.7% |
| BZH Beazer Homes USA Inc. | 0.20% | 108,387 | $2.2M | New |
| AAPL Apple Inc. | 0.20% | 9,920 | $2.2M | New |
| PENN Penn Entertainment Inc. | 0.20% | 133,196 | $2.2M | Reduce -17.5% |
| COGT Cogent Biosciences Inc. | 0.19% | 350,180 | $2.1M | Reduce -32.7% |
| CWK Cushman & Wakefield UK Holdc | 0.19% | 205,013 | $2.1M | New |
| GM General Motors Co. | 0.19% | 43,730 | $2.1M | Reduce -57.2% |
| ATSG Air Transport Services Group | 0.19% | 91,222 | $2.0M | Reduce -80.0% |
| AFRM Affirm Holdings Inc. | 0.19% | 45,161 | $2.0M | New |
| U Unity Software Inc. | 0.18% | 102,363 | $2.0M | New |
| AMZN Amazon.com Inc. | 0.18% | 10,355 | $2.0M | New |
| VHT Vanguard Health Care ETF | 0.17% | 7,169 | $1.9M | New |
| NCLH Norwegian Cruise Line Holdin | 0.16% | 94,992 | $1.8M | Reduce -11.2% |
| VNQ Vanguard Real Estate ETF | 0.16% | 19,279 | $1.7M | New |
| MSFT Microsoft Corp. | 0.16% | 4,531 | $1.7M | New |
| NBR Nabors Industries Ltd. | 0.15% | 40,505 | $1.7M | Add +78.2% |
| SBH Sally Beauty Holdings Inc. | 0.15% | 185,645 | $1.7M | New |
| WHR Whirlpool Corp. | 0.15% | 18,525 | $1.7M | Add +62.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.15% | 16,544 | $1.6M | New |
Options reported separately and not counted above: TLT calls ($287.7M), X puts ($29.6M), BECN calls ($19.1M), HEES puts ($9.5M), X calls ($8.5M), MSFT puts ($5.7M), AAPL puts ($5.7M), JNPR calls ($5.6M), BKNG calls ($5.5M), MDT calls ($5.5M), PFE calls ($5.3M), NVDA calls ($5.1M), and 200 more.
Other holdings (38): bonds, preferreds, convertibles and warrants · $895.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 111,313,000 | $96.7M | Add +9.7% |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 45,500,000 | $78.2M | Reduce -14.2% |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 35,000,000 | $56.9M | Reduce -12.5% |
| LIVANOVA PLC (LIVN 2.5 03/15/29) | NOTE 2.500% 3/1 · principal | 50,000,000 | $47.8M | New |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 44,000,000 | $42.2M | No change |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 29,500,000 | $41.7M | Add +34.1% |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 37,690,000 | $34.2M | No change |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 33,846,000 | $32.5M | Add +4.6% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 32,500,000 | $31.3M | Add +75.7% |
| BLACKBERRY LTD (BBCN 3 02/15/29) | NOTE 3.000% 2/1 · principal | 23,020,000 | $29.0M | New |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 25,000,000 | $28.7M | Add +1.2% |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 23,000,000 | $24.6M | Add +4.5% |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 23,500,000 | $24.5M | New |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | 20,994,000 | $23.9M | No change |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 22,500,000 | $23.1M | Reduce -39.5% |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 15,940,000 | $22.6M | Reduce -23.9% |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 19,000,000 | $20.6M | Reduce -44.1% |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 19,249,000 | $19.9M | Add +18.5% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 21,000,000 | $19.6M | Reduce -30.0% |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 17,000,000 | $18.3M | Reduce -58.8% |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 15,750,000 | $18.2M | No change |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 14,000,000 | $17.0M | Reduce -37.8% |
| IMAX CORP (IMAX 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | 15,000,000 | $16.6M | No change |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 15,700,000 | $15.1M | No change |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | 12,070,000 | $14.7M | No change |
| FARO TECHNOLOGIES INC (FARO 5.5 02/01/28) | NOTE 5.500% 2/0 · principal | 12,500,000 | $12.8M | No change |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | 12,000,000 | $11.3M | New |
| IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | 13,000,000 | $11.0M | New |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 10,000,000 | $9.6M | No change |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 10,000,000 | $9.4M | New |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 10,000,000 | $9.1M | No change |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | 11,400,000 | $8.1M | Reduce -38.4% |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | 8,500,000 | $8.0M | Reduce -46.9% |
| ARTIVION INC (AORT 4.25 07/01/25) | NOTE 4.250% 7/0 · principal | 7,025,000 | $7.9M | No change |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 6,468,000 | $5.8M | Reduce -79.8% |
| NOVAVAX INC (NVAX 5 12/15/27) | NOTE 5.000%12/1 · principal | 4,000,000 | $3.7M | No change |
| TPI COMPOSITES INC (TPIC 5.25 03/15/28) | NOTE 5.250% 3/1 · principal | 6,500,000 | $1.0M | No change |
| USA RARE EARTH INC | *W EXP 03/13/203 | 50,000 | $34K | New |
Total filed on the 13F, all lines: $2.0B.
Portfolio Sells Q4 2024 → Q1 2025
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −15.01 |
| HCP Hashicorp Inc. Class A | Sold out | 0.00% | −3.46 |
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −2.34 |
| EW Edwards Lifesciences Corp. | Sold out | 0.00% | −1.99 |
| HSY The Hershey Co. | Sold out | 0.00% | −1.86 |
| NARI Inari Medical Inc. | Sold out | 0.00% | −1.84 |
| HES Hess Corp. | Reduce -52.4% | 3.67% | −1.72 |
| ACI Albertsons Cos Inc. Class A | Reduce -71.5% | 0.93% | −1.53 |
| AZPN Aspen Technology Inc. | Sold out | 0.00% | −1.11 |
| INCY Incyte Corp. | Sold out | 0.00% | −1.09 |
| DOCU Docusign Inc. | Sold out | 0.00% | −1.04 |
| WLK Westlake Corp. | Sold out | 0.00% | −1.02 |
| ITGR Integer Holdings Corp. | Reduce -97.1% | 0.03% | −0.94 |
| WSC Willscot Holdings Corp. | Sold out | 0.00% | −0.92 |
| DOCN Digitalocean Holdings Inc. | Reduce -72.0% | 0.43% | −0.89 |
| X United States Steel Corp. | Reduce -47.3% | 3.14% | −0.88 |
| SGI Somnigroup International Inc. | Reduce -43.1% | 1.86% | −0.74 |
| JANX Janux Therapeutics Inc. | Reduce -18.6% | 0.68% | −0.71 |
| TENB Tenable Holdings Inc. | Sold out | 0.00% | −0.67 |
| VERA Vera Therapeutics Inc. | Sold out | 0.00% | −0.61 |
| ATSG Air Transport Services Group | Reduce -80.0% | 0.19% | −0.58 |
| MTTR Matterport Inc. | Sold out | 0.00% | −0.54 |
| BOOT Boot Barn Holdings Inc. | Sold out | 0.00% | −0.50 |
| GTM Zoominfo Technologies Inc. | Sold out | 0.00% | −0.47 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.46 |
| DV Doubleverify Holdings Inc. | Sold out | 0.00% | −0.46 |
| TVTX Travere Therapeutics Inc. | Sold out | 0.00% | −0.43 |
| RCUS Arcus Biosciences Inc. | Sold out | 0.00% | −0.40 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.40 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.39 |
| NCNO Ncino Inc. | Reduce -54.9% | 0.30% | −0.38 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.38 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.35 |
| UTZ Utz Brands Inc. | Sold out | 0.00% | −0.35 |
| ALGN Align Technology Inc. | Sold out | 0.00% | −0.34 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −0.34 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.33 |
| HII Huntington Ingalls Industrie | Sold out | 0.00% | −0.32 |
| FTRE Fortrea Holdings Inc. | Sold out | 0.00% | −0.31 |
| PM Philip Morris International | Reduce -95.7% | 0.02% | −0.30 |
| ANNX Annexon Inc. | Sold out | 0.00% | −0.30 |
| JNJ Johnson & Johnson | Reduce -95.2% | 0.02% | −0.29 |
| CLDX Celldex Therapeutics Inc. | Sold out | 0.00% | −0.27 |
| CELH Celsius Holdings Inc. | Sold out | 0.00% | −0.26 |
| PLD Prologis Inc. | Reduce -73.0% | 0.13% | −0.26 |
| PGR Progressive Corp. | Sold out | 0.00% | −0.25 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.25 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.24 |
| VRNS Varonis Systems Inc. | Sold out | 0.00% | −0.24 |
| GM General Motors Co. | Reduce -57.2% | 0.19% | −0.23 |
Portfolio Buys Q4 2024 → Q1 2025
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 7.09% | +7.09 |
| ITCI Intra-Cellular Therapies Inc. | New | 6.10% | +6.10 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 4.77% | +4.77 |
| FYBR Frontier Communications Pare | New | 4.57% | +4.57 |
| BECN Beacon Roofing Supply Inc. | New | 2.52% | +2.52 |
| OMC Omnicom Group | New | 1.72% | +1.72 |
| K Kellanova | Add +10.4% | 5.48% | +1.39 |
| AGG iShares Core U.S. Aggregate | New | 1.28% | +1.28 |
| PRMB Primo Brands Corp. | New | 1.16% | +1.16 |
| SPR Spirit Aerosystems Hold Class A | Add +1950.2% | 0.90% | +0.86 |
| DLTR Dollar Tree Inc. | Add +26.0% | 2.50% | +0.84 |
| INSM Insmed Inc. | Add +413.8% | 0.94% | +0.80 |
| INTC Intel Corp. | Add +733.7% | 0.86% | +0.79 |
| SFD Smithfield Foods Inc. | New | 0.71% | +0.71 |
| LYV Live Nation Entertainment Inc. | New | 0.68% | +0.68 |
| EWTX Edgewise Therapeutics Inc. | Add +1591.0% | 0.72% | +0.68 |
| NET Cloudflare Inc. Class A | Add +162.8% | 0.96% | +0.67 |
| DFS Discover Financial Services | New | 0.64% | +0.64 |
| AXSM Axsome Therapeutics Inc. | New | 0.63% | +0.63 |
| TTD Trade Desk Inc./the Class A | New | 0.61% | +0.61 |
| HEES H&E Equipment Services Inc. | New | 0.60% | +0.60 |
| IEF iShares 7-10 Year Treasury B | New | 0.56% | +0.56 |
| CZR Caesars Entertainment Inc. | Add +384.2% | 0.72% | +0.56 |
| LEGN Legend Biotech Corp.-ADR | New | 0.55% | +0.55 |
| CLW Clearwater Paper Corp. | Add +56.7% | 1.34% | +0.50 |
| SLNO Soleno Therapeutics Inc. | Add +98.8% | 0.65% | +0.48 |
| GPN Global Payments Inc. | Add +130.0% | 0.78% | +0.46 |
| ETNB 89BIO Inc. | New | 0.45% | +0.45 |
| VSXY Victoria's Secret & Co. | Add +4554.4% | 0.47% | +0.45 |
| ZVRA Zevra Therapeutics Inc. | Add +924.6% | 0.47% | +0.42 |
| S Sentinelone Inc. Class A | New | 0.38% | +0.38 |
| AGS Playags Inc. | New | 0.38% | +0.38 |
| AKRO Akero Therapeutics Inc. | New | 0.37% | +0.37 |
| GXO Gxo Logistics Inc. | New | 0.36% | +0.36 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.33% | +0.33 |
| GPCR Structure Therapeutics Inc. | Add +129.9% | 0.76% | +0.33 |
| CYTK Cytokinetics Inc. | Add +143.0% | 0.54% | +0.32 |
| EVRI Everi Holdings Inc. | New | 0.31% | +0.31 |
| DLR Digital Realty Trust Inc. | New | 0.31% | +0.31 |
| VG Venture Global Inc. Class A | New | 0.31% | +0.31 |
| TIP iShares Tips Bond ETF | New | 0.31% | +0.31 |
| YELP Yelp Inc. | New | 0.30% | +0.30 |
| ACLX Arcellx Inc. | New | 0.27% | +0.27 |
| COIN Coinbase Global Inc. Class A | New | 0.26% | +0.26 |
| FLYW Flywire Corp.-Voting | Add +160.2% | 0.83% | +0.25 |
| HALO Halozyme Therapeutics Inc. | Add +11.6% | 0.52% | +0.23 |
| SIRI Sirius XM Holdings Inc. | Add +17.4% | 0.79% | +0.22 |
| TROX Tronox Holdings PLC | New | 0.22% | +0.22 |
| BZH Beazer Homes USA Inc. | New | 0.20% | +0.20 |
| AAPL Apple Inc. | New | 0.20% | +0.20 |
Options Activity Q4 2024 → Q1 2025
| TLT iShares 20+ Year Treasury BD | call | Add +710.3% | 3,160,000 | $287.7M |
| TLT iShares 20+ Year Treasury BD | put | Sold out | 390,000 | $34.1Mbefore exit |
| X United States Steel Corp. | put | Reduce -22.2% | 700,000 | $29.6M |
| BECN Beacon Roofing Supply Inc. | call | New | 154,800 | $19.1M |
| HEES H&E Equipment Services Inc. | put | New | 100,000 | $9.5M |
| AMT American Tower Corp. | call | Sold out | 48,400 | $8.9Mbefore exit |
| X United States Steel Corp. | call | New | 200,000 | $8.5M |
| AAL American Airlines Group Inc. | put | Sold out | 430,000 | $7.5Mbefore exit |
| ELV Elevance Health Inc. | call | Sold out | 16,800 | $6.2Mbefore exit |
| MSFT Microsoft Corp. | put | Add +114.1% | 15,200 | $5.7M |
| AAPL Apple Inc. | put | Add +93.9% | 25,600 | $5.7M |
| JNPR Juniper Networks Inc. | call | New | 154,100 | $5.6M |
| ELV Elevance Health Inc. | put | Sold out | 15,000 | $5.5Mbefore exit |
| BKNG Booking Holdings Inc. | call | Reduce -20.0% | 1,200 | $5.5M |
| MDT Medtronic PLC | call | Add +235.4% | 60,700 | $5.5M |
| PFE Pfizer Inc. | call | Add +138.5% | 209,200 | $5.3M |
| NVDA Nvidia Corp. | call | Add +2652.9% | 46,800 | $5.1M |
| AMZN Amazon.com Inc. | put | Add +84.7% | 26,600 | $5.1M |
| MSFT Microsoft Corp. | call | Add +163.3% | 12,900 | $4.8M |
| AAPL Apple Inc. | call | Add +154.1% | 21,600 | $4.8M |
| CMCSA Comcast Corp. Class A | call | Add +5.6% | 129,900 | $4.8M |
| GOOG Alphabet Inc. Class C | call | Add +132.8% | 30,500 | $4.8M |
| VZ Verizon Communications Inc. | put | Reduce -59.1% | 102,600 | $4.7M |
| BKNG Booking Holdings Inc. | put | Reduce -60.0% | 1,000 | $4.6M |
| AMGN Amgen Inc. | put | Add +195.8% | 14,200 | $4.4M |
| BRK.B Berkshire Hathaway Inc. Class B | put | Add +18.8% | 8,200 | $4.4M |
| TSLA Tesla Inc. | call | Sold out | 10,800 | $4.4Mbefore exit |
| XOM Exxon Mobil Corp. | put | Add +191.2% | 36,400 | $4.3M |
| COP Conocophillips | put | Add +58.0% | 40,600 | $4.3M |
| MA Mastercard Inc. Class A | put | Add +14.9% | 7,700 | $4.2M |
| META Meta Platforms Inc. Class A | put | Add +49.0% | 7,300 | $4.2M |
| CB Chubb Ltd. | put | Add +25.2% | 13,900 | $4.2M |
| META Meta Platforms Inc. Class A | call | Add +100.0% | 7,200 | $4.1M |
| NVDA Nvidia Corp. | put | New | 38,200 | $4.1M |
| JPM JPMorgan Chase & Co. | put | Add +20.0% | 16,800 | $4.1M |
| MRSH Marsh & McLennan Cos | call | Reduce -61.6% | 16,800 | $4.1M |
| CVX Chevron Corp. | put | Add +26.2% | 24,100 | $4.0M |
| AMT American Tower Corp. | put | Sold out | 21,900 | $4.0Mbefore exit |
| GOOGL Alphabet Inc. Class A | call | Add +100.0% | 25,600 | $4.0M |
| UNH Unitedhealth Group Inc. | put | Reduce -52.2% | 7,500 | $3.9M |
| WMT Walmart Inc. | call | Add +186.4% | 44,400 | $3.9M |
| QCOM Qualcomm Inc. | put | Add +86.0% | 25,300 | $3.9M |
| BLK BlackRock Inc. | put | Add +28.1% | 4,100 | $3.9M |
| AMZN Amazon.com Inc. | call | Add +78.1% | 20,300 | $3.9M |
| TMUS T-Mobile US Inc. | put | Reduce -10.1% | 14,300 | $3.8M |
| PLTR Palantir Technologies Inc. Class A | call | New | 44,900 | $3.8M |
| SCHW Schwab (charles) Corp. | call | Reduce -44.0% | 48,400 | $3.8M |
| DHR Danaher Corp. | put | Reduce -17.9% | 18,400 | $3.8M |
| INTU Intuit Inc. | call | Add +69.4% | 6,100 | $3.7M |
| TJX TJX Companies Inc. | call | Reduce -45.4% | 30,700 | $3.7M |
Showing the first 50 of 225.
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
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Add +9.7% | 111,313,000 | $96.7M |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | Reduce -14.2% | 45,500,000 | $78.2M |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | Reduce -12.5% | 35,000,000 | $56.9M |
| LIVANOVA PLC (LIVN 2.5 03/15/29) | NOTE 2.500% 3/1 · principal | New | 50,000,000 | $47.8M |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | Add +34.1% | 29,500,000 | $41.7M |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | Add +4.6% | 33,846,000 | $32.5M |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Add +75.7% | 32,500,000 | $31.3M |
| BLACKBERRY LTD (BBCN 3 02/15/29) | NOTE 3.000% 2/1 · principal | New | 23,020,000 | $29.0M |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | Add +1.2% | 25,000,000 | $28.7M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Sold out | 30,000,000 | $27.0Mbefore exit |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | Add +4.5% | 23,000,000 | $24.6M |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | New | 23,500,000 | $24.5M |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Sold out | 18,500,000 | $23.3Mbefore exit |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | Reduce -39.5% | 22,500,000 | $23.1M |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | Reduce -23.9% | 15,940,000 | $22.6M |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | Reduce -44.1% | 19,000,000 | $20.6M |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | Add +18.5% | 19,249,000 | $19.9M |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | Reduce -30.0% | 21,000,000 | $19.6M |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | Reduce -58.8% | 17,000,000 | $18.3M |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Reduce -37.8% | 14,000,000 | $17.0M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Sold out | 15,000,000 | $14.7Mbefore exit |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | Sold out | 15,000,000 | $12.3Mbefore exit |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | Sold out | 12,000,000 | $11.6Mbefore exit |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | New | 12,000,000 | $11.3M |
| IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | New | 13,000,000 | $11.0M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Sold out | 10,500,000 | $9.9Mbefore exit |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | Sold out | 9,216,000 | $9.8Mbefore exit |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | New | 10,000,000 | $9.4M |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Sold out | 8,491,000 | $9.4Mbefore exit |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Sold out | 10,000,000 | $8.6Mbefore exit |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Sold out | 9,000,000 | $8.5Mbefore exit |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | Reduce -38.4% | 11,400,000 | $8.1M |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | Reduce -46.9% | 8,500,000 | $8.0M |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | Sold out | 9,000,000 | $8.0Mbefore exit |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | Sold out | 9,500,000 | $7.8Mbefore exit |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | Sold out | 6,975,000 | $5.9Mbefore exit |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | Sold out | 14,000,000 | $5.9Mbefore exit |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | Reduce -79.8% | 6,468,000 | $5.8M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Sold out | 5,000,000 | $4.5Mbefore exit |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | Sold out | 3,500,000 | $3.0Mbefore exit |
| CUTERA INC (CUTR 4 06/01/29) | NOTE 4.000% 6/0 · principal | Sold out | 3,290,000 | $296Kbefore exit |
| USA RARE EARTH INC | *W EXP 03/13/203 | New | 50,000 | $34K |
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 | 437 | $1.5B | WBD, NSC, HSY, IMNM, ABVX |
| Q1 2026 | 337 | $973.8M | NSC, WBD, SLNO, MASI, IMNM |
| Q4 2025 | 304 | $1.3B | IVV, HSY, CYBR, BMY, SLNO |
| Q3 2025 | 273 | $1.0B | LQD, CYBR, EXAS, WK, VRNA |
| Q2 2025 | 521 | $1.3B | HYG, HSY, EXAS, BPMC, JNPR |
| Q1 2025 | 339 | $1.1B | HYG, ITCI, K, LQD, FYBR |
| Q4 2024 | 347 | $1.3B | IVV, HES, K, X, HCP |
| Q3 2024 | 222 | $793.1M | HES, HCP, TENB, ACI, DFS |
| Q2 2024 | 276 | $1.2B | SPY, HES, ACI, NET, VERA |
| Q1 2024 | 174 | $1.8B | SPY, HES, PXD, ACI, CYTK |