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

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.8B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $793.1M Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $1.1B $1.1B Q1 2025 Q2 2025: $1.3B Q2 2025 Q3 2025: $1.0B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $973.8M Q1 2026 Q2 2026: $1.5B Q2 2026

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
MGM MGM Resorts International 0.14% 51,259 $1.5M Add +274.3%
IMNM Immunome Inc. 0.14% 224,240 $1.5M New
ACN Accenture PLC Class A 0.14% 4,820 $1.5M Add +286.8%
SBUX Starbucks Corp. 0.14% 15,305 $1.5M Add +36.5%
PCG P G & E Corp. 0.14% 87,000 $1.5M New
SVRA Savara Inc. 0.13% 522,791 $1.4M Reduce -1.4%
PLD Prologis Inc. 0.13% 12,925 $1.4M Reduce -73.0%
IONS Ionis Pharmaceuticals Inc. 0.13% 46,394 $1.4M New
AES AES Corp. 0.13% 112,240 $1.4M Reduce -29.5%
W Wayfair Inc. Class A 0.13% 43,339 $1.4M Reduce -11.1%
HD Home Depot Inc. 0.12% 3,701 $1.4M Add +595.7%
COST Costco Wholesale Corp. 0.12% 1,412 $1.3M New
GLUE Monte Rosa Therapeutics Inc. 0.12% 287,000 $1.3M New
WMT Walmart Inc. 0.12% 15,042 $1.3M New
PEP Pepsico Inc. 0.12% 8,767 $1.3M New
MGTX Meiragtx Holdings PLC 0.12% 189,598 $1.3M Add +59.5%
GOOGL Alphabet Inc. Class A 0.11% 8,132 $1.3M New
CLF Cleveland-Cliffs Inc. 0.11% 149,122 $1.2M Add +151.9%
NVST Envista Holdings Corp. 0.11% 69,911 $1.2M Reduce -2.2%
ABT Abbott Laboratories 0.11% 9,058 $1.2M Reduce -15.4%
GBAB Guggenheim Taxable Municipal 0.11% 74,630 $1.2M Reduce -36.7%
EIX Edison International 0.11% 19,631 $1.2M New
ETW Eaton Vance T/M GLBL Buy-WR 0.10% 138,779 $1.1M New
BKLN Invesco Senior Loan ETF 0.10% 54,872 $1.1M New
STEW SRH Total Return Fund Inc. 0.10% 65,399 $1.1M Add +133.4%
WDI Western Asset Divers Inc. 0.10% 77,934 $1.1M Add +128.0%
META Meta Platforms Inc. Class A 0.10% 1,950 $1.1M New
ARKO Arko Corp. 0.10% 283,743 $1.1M Add +12.2%
CC The Chemours Co. 0.10% 79,199 $1.1M New
NKE Nike Inc. Class B 0.10% 16,748 $1.1M Add +108.8%
PRGO Perrigo Co. PLC 0.10% 37,485 $1.1M Add +10.3%
ORCL Oracle Corp. 0.10% 7,449 $1.0M Add +52.7%
ARDC Ares Dynamic Credit All 0.09% 72,422 $1.0M New
SCSC Scansource Inc. 0.09% 29,771 $1.0M New
HLF Herbalife Ltd. 0.09% 114,495 $988K Add +748.1%
ADBE Adobe Inc. 0.09% 2,553 $979K Add +44.6%
OPITQ Office Properties Income Tru 0.09% 2,126,241 $970K No change
TSLA Tesla Inc. 0.09% 3,719 $964K New
XBXMX Nuveen S&P 500 Buy-WR Inc. 0.09% 73,002 $958K New
NPCT Nuveen Core Plus Impact 0.09% 89,396 $956K Add +64.4%
NWN Northwest Natural Holding Co. 0.09% 22,136 $946K No change
ARQT Arcutis Biotherapeutics Inc. 0.09% 60,200 $942K New
ADX Adams Diversified Equity 0.08% 48,956 $930K Add +69.2%
ADNT Adient PLC 0.08% 71,577 $920K New
URG Ur-Energy Inc. 0.08% 1,356,494 $914K Reduce -8.4%
LOW Lowe's Cos Inc. 0.08% 3,896 $909K Add +18.2%
ADI Analog Devices Inc. 0.08% 4,469 $901K Add +52.9%
DIAX Nuveen Dow 30 Dynamic Overwr 0.08% 61,626 $893K New
SYK Stryker Corp. 0.08% 2,369 $882K New
ON On Semiconductor 0.08% 21,655 $881K Reduce -60.5%
DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN 0.08% 210,940 $859K Add +178.9%
MUA BlackRock Muniassets Fund 0.08% 78,665 $852K Add +287.2%
TMUS T-Mobile US Inc. 0.08% 3,161 $843K Add +15.8%
ISRG Intuitive Surgical Inc. 0.08% 1,696 $840K New
MMD Nylim Mackay Definedterm Mun filed as NYLI MACKAY DEFINEDTERM MUNI 0.08% 55,429 $836K Reduce -31.9%
GS Goldman Sachs Group Inc. 0.07% 1,475 $806K New
LMT Lockheed Martin Corp. 0.07% 1,801 $805K New
NEE Nextera Energy Inc. 0.07% 11,132 $789K Add +40.1%
FLOC Flowco Holdings Inc. Class A 0.07% 30,740 $788K New
ZTR Virtus Total Return Fund Inc. 0.07% 130,108 $777K New
PG The Procter & Gamble Co. 0.07% 4,520 $770K Add +167.1%
ENFN Enfusion Inc. Class A 0.07% 68,436 $763K Reduce -37.4%
XAWFX Alliancebernstein GL Hi Inc. 0.07% 69,874 $750K Add +23.7%
RMT Royce Micro-Cap Trust Inc. 0.07% 88,772 $748K Add +159.2%
CYH Community Health Systems Inc. 0.07% 271,004 $732K New
ETJ Eaton Vance RSK-MGD Divers 0.07% 86,302 $730K Add +389.4%
SPGI S&P Global Inc. 0.07% 1,405 $714K Add +85.8%
ADP Automatic Data Processing 0.06% 2,315 $707K New
FTF Franklin Ltd. Dur Inc. TR 0.06% 107,337 $693K New
CII BlackRock Enhan LRG Cap Core 0.06% 37,391 $691K New
PHK PIMCO High Income Fund 0.06% 140,693 $688K Add +155.8%
BCAT BlackRock Capital Alloc TR 0.06% 47,532 $684K Reduce -43.1%
AXP American Express Co. 0.06% 2,531 $681K New
MS Morgan Stanley 0.06% 5,760 $672K New
DVN Devon Energy Corp. 0.06% 17,531 $656K Reduce -1.0%
QQQX Nuveen Nasdaq 100 DYN Overwr 0.06% 27,468 $652K New
GILD Gilead Sciences Inc. 0.06% 5,797 $650K New
C Citigroup Inc. 0.06% 9,133 $648K New
BKNG Booking Holdings Inc. 0.06% 140 $645K New
WIW Western Asst Infl-LNK Opp 0.06% 73,167 $643K Add +140.9%
HAL Halliburton Co. 0.06% 25,283 $641K Add +26.2%
DDOG Datadog Inc. Class A 0.06% 6,204 $615K New
CHX Championx Corp. 0.06% 20,654 $615K New
KNX Knight-Swift Transportation 0.06% 14,046 $611K New
CMP Compass Minerals Internation 0.06% 65,699 $610K Add +8.7%
AMAT Applied Materials Inc. 0.06% 4,201 $610K Add +26.5%
TXN Texas Instruments Inc. 0.06% 3,392 $610K New
NOW ServiceNow Inc. 0.05% 755 $601K New
HIX Western Asset High Inc. II 0.05% 143,359 $599K Reduce -5.9%
CSQ Calamos Strat TTL RTRN FND 0.05% 36,545 $591K New
COLB Columbia Banking System Inc. 0.05% 23,602 $589K New
JPM JPMorgan Chase & Co. 0.05% 2,366 $580K New
NOV Nov Inc. 0.05% 37,579 $572K Add +4.5%
VLY Valley National Bancorp 0.05% 64,263 $571K Add +41.7%
GTN Gray Media Inc. 0.05% 131,925 $570K Reduce -34.0%
BIT BlackRock Multi-Sector Inc. 0.05% 39,319 $569K Reduce -13.1%
UNP Union Pacific Corp. 0.05% 2,396 $566K Reduce -8.7%
XEVVX Eaton Vance Ltd. Durat Inc. 0.05% 56,593 $565K Add +326.0%
FNB FNB Corp. 0.05% 41,182 $554K New
CRM Salesforce Inc. 0.05% 2,028 $544K New
NFJ Virtus DVD Intrst & PRM STR 0.05% 44,832 $544K New
HYI Western Asset High Yield Opp 0.05% 45,753 $542K New
FULT Fulton Financial Corp. 0.05% 29,642 $536K New
LLY Eli Lilly & Co. 0.05% 641 $529K Reduce -21.0%
AMN Amn Healthcare Services Inc. 0.05% 21,536 $527K New
XEMDX Western Asset Emrg MRKT DBT 0.05% 52,971 $524K Add +193.4%
CNX CNX Resources Corp. 0.05% 16,604 $523K New
VTOL Bristow Group Inc. 0.05% 16,537 $522K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.05% 2,079 $517K New
HQH Abrdn Healthcare Investors 0.05% 31,816 $517K Reduce -43.0%
CHW Calamos Global Dynamic Incom 0.05% 79,920 $511K Reduce -31.8%
BX Blackstone Inc. 0.05% 3,625 $507K New
SASR Sandy Spring Bancorp Inc. 0.05% 18,065 $505K New
MRK Merck & Co. Inc. 0.05% 5,599 $503K Reduce -59.5%
EGBN Eagle Bancorp Inc. 0.05% 23,716 $498K New
V Visa Inc. Class A 0.05% 1,416 $496K New
HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I 0.04% 59,429 $494K New
DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC 0.04% 17,501 $488K New
LRCX Lam Research Corp. 0.04% 6,639 $483K Add +79.2%
AHCO Adapthealth Corp. 0.04% 44,139 $478K New
SM SM Energy Co. 0.04% 15,899 $476K Add +60.9%
PTA Cohen & Steers Tax-Advantage 0.04% 24,419 $475K Reduce -54.0%
AMGN Amgen Inc. 0.04% 1,519 $473K Reduce -43.7%
WAL Western Alliance Bancorp 0.04% 6,117 $470K New
BGB Blackstone Strategic Credit 0.04% 38,797 $469K New
WYNN WYNN Resorts Ltd. 0.04% 5,596 $467K New
BTX BlackRock Tech & Priv Eqty 0.04% 73,816 $462K Reduce -43.9%
INSW International Seaways Inc. 0.04% 13,831 $459K New
HCC Warrior Met Coal Inc. 0.04% 9,414 $449K New
CSCO Cisco Systems Inc. 0.04% 7,267 $448K New
HGV Hilton Grand Vacations Inc. 0.04% 11,700 $438K New
XGDVX Gabelli Dividend & Income TR 0.04% 17,678 $427K New
PTEN Patterson-Uti Energy Inc. 0.04% 51,799 $426K Add +4.1%
OEC Orion SA 0.04% 32,921 $426K New
ZEUS Olympic Steel Inc. 0.04% 13,452 $424K New
PARR Par Pacific Holdings Inc. 0.04% 29,698 $423K Add +25.2%
OIS Oil States International Inc. filed as OIL STS INTL INC 0.04% 81,263 $419K Add +20.6%
ARCB Arcbest Corp. 0.04% 5,917 $418K New
XLV SS Health Care Select Sector 0.04% 2,831 $413K New
FFIC Flushing Financial Corp. 0.04% 32,230 $409K New
CRWD CrowdStrike Holdings Inc. Class A 0.04% 1,156 $408K New
ETB Eaton Vance T/M Buy-WRT Inc. 0.04% 29,607 $404K New
RYZ Ryerson Holding Corp. 0.04% 17,570 $403K New
XCHYX Calamos Convert & High Inc. 0.04% 39,845 $402K New
SNAP Snap Inc. Class A 0.04% 45,264 $394K New
AMR Alpha Metallurgical Resource 0.04% 3,142 $394K New
CUBI Customers Bancorp Inc. 0.04% 7,798 $391K Add +25.4%
AA Alcoa Corp. 0.04% 12,816 $391K New
AVGO Broadcom Inc. 0.04% 2,310 $387K Add +109.4%
MCD McDonald's Corp. 0.04% 1,229 $384K Reduce -47.4%
XPCQX PIMCO California Muni Inc. FD 0.03% 43,153 $382K Add +21.4%
LDP Cohen & Steers Limited Durat 0.03% 18,721 $381K Reduce -30.0%
MRVI Maravai Lifesciences Hldgs-A 0.03% 171,993 $380K No change
ASG Liberty All-Star Growth FD 0.03% 77,663 $380K Reduce -64.1%
QCOM Qualcomm Inc. 0.03% 2,459 $378K Reduce -40.2%
CIVI Civitas Resources Inc. 0.03% 10,798 $377K Add +3.3%
IBRX Immunitybio Inc. 0.03% 124,885 $376K No change
ALGS Aligos Therapeutics Inc. 0.03% 45,400 $375K New
PBF PBF Energy Inc. Class A 0.03% 19,580 $374K Add +34.5%
RKT Rocket Cos Inc. Class A 0.03% 30,675 $370K New
HON Honeywell International Inc. 0.03% 1,740 $368K New
NMAI Nuveen Multi-Asset Income 0.03% 30,588 $368K Add +90.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.03% 8,717 $364K New
DFP Flaherty & Crumrine DYN Pref 0.03% 17,926 $363K New
FL Foot Locker Inc. 0.03% 25,609 $361K New
PSF Cohen & Steers Select Prefer 0.03% 18,058 $361K Add +6.9%
MMT Aberdeen Multimarket Income 0.03% 77,598 $361K Add +165.7%
XPRO Expro Group Holdings NV 0.03% 36,122 $359K New
MCY Mercury General Corp. 0.03% 6,270 $350K New
OXY Occidental Petroleum Corp. 0.03% 7,043 $348K Reduce -56.8%
TMO Thermo Fisher Scientific Inc. 0.03% 691 $344K Reduce -68.7%
XBFZX BlackRock Ca Muni Inc. TR 0.03% 31,295 $344K Reduce -18.7%
VPV Invesco Pa Val Muni Inc. 0.03% 33,558 $342K Add +50.0%
VAC Marriott Vacations World 0.03% 5,283 $339K Reduce -42.8%
TY Tri-Continental Corp. 0.03% 11,064 $339K Reduce -5.1%
VCSH Vanguard S/T Corp. Bond ETF 0.03% 4,241 $335K New
AEF Abrdn Emerging Markets Ex CH 0.03% 67,362 $334K New
PDT John Hancock Prem DVD FND 0.03% 25,337 $331K Add +63.9%
EFT Eaton Vance Fltng RT Inc. TR 0.03% 26,245 $329K Add +14.6%
HQL Abrdn Life Sciences Investor 0.03% 25,879 $328K Reduce -32.9%
ITGR Integer Holdings Corp. 0.03% 2,757 $325K Reduce -97.1%
XRMMX Rvrnrth MGD Dur Muni Inc. filed as RIVERNORTH MANAGED DUR MUN I 0.03% 22,690 $325K Reduce -14.7%
SJNK SS SPDR BB St Hi Yield ETF 0.03% 12,900 $325K New
XBKNX BlackRock Invest QLTY Muni 0.03% 28,232 $324K Reduce -41.0%
XEFRX Eaton Vance Sr FLTG Rate TR 0.03% 26,398 $323K Add +0.1%
RIV Rivernorth Opportunities 0.03% 27,201 $321K New
XEADX Allspring Income Opport 0.03% 46,439 $318K New
BYM BlackRock Muni Inc. QLTY 0.03% 29,410 $317K Reduce -56.4%
PPT Franklin Premir Inc. Trust-Ui 0.03% 87,501 $316K New
DAR Darling Ingredients Inc. 0.03% 10,000 $312K New
CHI Calamos Convert Opport & Inc. 0.03% 31,830 $305K New
DPG Duff & Phelps Utility & Inc. 0.03% 24,695 $302K New
MP MP Materials Corp. 0.03% 12,363 $302K New
USA Liberty All Star Equity Fund 0.03% 43,934 $288K New
BSX Boston Scientific Corp. 0.03% 2,823 $285K New
MA Mastercard Inc. Class A 0.03% 515 $282K New
MATV Mativ Holdings Inc. 0.03% 45,299 $282K New
VMO Invesco Municipal Opport 0.03% 29,719 $282K New
EXAS Exact Sciences Corp. 0.03% 6,404 $277K New
GE General Electric filed as GE AEROSPACE 0.03% 1,377 $276K Reduce -74.5%
WELL Welltower Inc. 0.02% 1,769 $271K New
XNIEX Virtus Equity & Convertible 0.02% 12,123 $268K New
SARO Standardaero Inc. 0.02% 10,000 $266K New
DSL Doubleline Income Solutions 0.02% 20,083 $253K New
XPMQX PIMCO Muni Income Fund III 0.02% 35,067 $251K Reduce -15.6%
PPLI People Inc. filed as IAC INC 0.02% 5,390 $248K New
KALA Kala Bio Inc. 0.02% 42,459 $243K New
PM Philip Morris International 0.02% 1,524 $242K Reduce -95.7%
DHR Danaher Corp. 0.02% 1,159 $238K Reduce -89.4%
NDMO Nuveen Dynamic Municipal Opp 0.02% 22,314 $229K Reduce -75.9%
JNJ Johnson & Johnson 0.02% 1,343 $223K Reduce -95.2%
JBLU Jetblue Airways Corp. 0.02% 45,960 $222K Reduce -16.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.02% 1,808 $220K New
ANET Arista Networks Inc. 0.02% 2,733 $212K New
ASAN Asana Inc. Class A 0.02% 14,333 $209K New
OSCR Oscar Health Inc. Class A 0.02% 15,894 $208K New
DLY Doubleline Yield Opport 0.02% 12,759 $205K New
EOT Eaton Vance National Municip 0.02% 12,146 $202K New
OIA Invesco Municipal Income Opp 0.02% 33,298 $200K Reduce -63.0%
METC Ramaco Resources Inc. Class A 0.02% 23,875 $196K New
AMRX Amneal Pharmaceuticals Inc. 0.02% 22,102 $185K New
RQI Cohen & Steers Qual Inc. RLTY 0.02% 14,715 $185K New
RLGT Radiant Logistics Inc. 0.02% 30,000 $185K No change
XFOFX Cohen & Steers Closed-End Op 0.02% 13,936 $168K New
HPS John Hancock Prefer Inc. III 0.01% 10,439 $157K Reduce -74.4%
BRW Saba Capital Income & Opport 0.01% 18,453 $143K Reduce -72.2%
MUC BlackRock Munihold Ca QLTY 0.01% 13,239 $142K Reduce -43.3%
XMCRX MFS Charter Income Trust 0.01% 19,939 $125K New
EIM Eaton Vance Municipal Bond 0.01% 12,085 $120K Reduce -28.6%
SOUN Soundhound AI Inc. Class A 0.01% 14,410 $117K New
FUND Sprott Focus Trust Inc. 0.01% 15,475 $115K Reduce -60.1%
MFM Aberdeen Municipal Income 0.01% 19,860 $105K New
ITOS Iteos Therapeutics Inc. 0.01% 17,040 $102K Reduce -60.5%
EVEX Eve Holding Inc. filed as EVE HLDG INC 0.01% 25,662 $85K No change
GLO Clough Global Opportunities 0.01% 15,257 $75K Reduce -77.8%
TSVT 2SEVENTY Bio Inc. 0.01% 11,161 $55K No change
RAPT THERAPEUTICS INC 0.00% 15,187 $19K No change
INZY Inozyme Pharma Inc. 0.00% 19,049 $17K No change
STTK Shattuck Labs Inc. 0.00% 11,049 $10K No change

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)
SecurityClassShares / PrincipalValueChange
RIVIAN AUTO INC (RIVN 3.625 10/15/30) NOTE 3.625%10/1 · principal 111,313,000$96.7MAdd +9.7%
GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) NOTE 3.750% 5/1 · principal 45,500,000$78.2MReduce -14.2%
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) NOTE 4.000% 5/0 · principal 35,000,000$56.9MReduce -12.5%
LIVANOVA PLC (LIVN 2.5 03/15/29) NOTE 2.500% 3/1 · principal 50,000,000$47.8MNew
DAYFORCE INC (DAY 0.25 03/15/26) NOTE 0.250% 3/1 · principal 44,000,000$42.2MNo change
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) NOTE 2.625%12/1 · principal 29,500,000$41.7MAdd +34.1%
BENTLEY SYSTEMS (BSY 0.375 07/01/27) NOTE 0.375% 7/0 · principal 37,690,000$34.2MNo change
ALARM.COM HLDGS INC (ALRM 0 01/15/26) NOTE 1/1 · principal 33,846,000$32.5MAdd +4.6%
ETSY INC (ETSY 0.125 10/01/26) NOTE 0.125%10/0 · principal 32,500,000$31.3MAdd +75.7%
BLACKBERRY LTD (BBCN 3 02/15/29) NOTE 3.000% 2/1 · principal 23,020,000$29.0MNew
CYTOKINETICS INC (CYTK 3.5 07/01/27) NOTE 3.500% 7/0 · principal 25,000,000$28.7MAdd +1.2%
PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) NOTE 1.500%10/1 · principal 23,000,000$24.6MAdd +4.5%
IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) NOTE 1.500% 9/0 · principal 23,500,000$24.5MNew
IMPINJ INC (PI 1.125 05/15/27) NOTE 1.125% 5/1 · principal 20,994,000$23.9MNo change
ENOVIS CORP (ENOV 3.875 10/15/28) NOTE 3.875%10/1 · principal 22,500,000$23.1MReduce -39.5%
FRESHPET INC (FRPT 3 04/01/28) NOTE 3.000% 4/0 · principal 15,940,000$22.6MReduce -23.9%
CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) NOTE 3.875% 9/1 · principal 19,000,000$20.6MReduce -44.1%
ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) NOTE 2.500% 7/1 · principal 19,249,000$19.9MAdd +18.5%
WORKIVA INC (WK 1.25 08/15/28) NOTE 1.250% 8/1 · principal 21,000,000$19.6MReduce -30.0%
TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) NOTE 1.500% 6/0 · principal 17,000,000$18.3MReduce -58.8%
WORLD KINECT GROUP (WKC 3.25 07/01/28) NOTE 3.250% 7/0 · principal 15,750,000$18.2MNo change
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) NOTE 2.250% 8/1 · principal 14,000,000$17.0MReduce -37.8%
IMAX CORP (IMAX 0.5 04/01/26) NOTE 0.500% 4/0 · principal 15,000,000$16.6MNo change
HAEMONETICS CORP (HAE 0 03/01/26) NOTE 3/0 · principal 15,700,000$15.1MNo change
CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) NOTE 2.750% 5/0 · principal 12,070,000$14.7MNo change
FARO TECHNOLOGIES INC (FARO 5.5 02/01/28) NOTE 5.500% 2/0 · principal 12,500,000$12.8MNo change
TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) NOTE 1.500% 3/1 · principal 12,000,000$11.3MNew
IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30) NOTE 2.500% 2/0 · principal 13,000,000$11.0MNew
BLACKLINE INC (BL 0 03/15/26) NOTE 3/1 · principal 10,000,000$9.6MNo change
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal 10,000,000$9.4MNew
BILL HOLDINGS INC (BILL 0 04/01/27) NOTE 4/0 · principal 10,000,000$9.1MNo change
CERENCE INC (CRNC 1.5 07/01/28) NOTE 1.500% 7/0 · principal 11,400,000$8.1MReduce -38.4%
PROS HOLDINGS INC (PRO 2.25 09/15/27) NOTE 2.250% 9/1 · principal 8,500,000$8.0MReduce -46.9%
ARTIVION INC (AORT 4.25 07/01/25) NOTE 4.250% 7/0 · principal 7,025,000$7.9MNo change
AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) NOTE 2.000% 3/1 · principal 6,468,000$5.8MReduce -79.8%
NOVAVAX INC (NVAX 5 12/15/27) NOTE 5.000%12/1 · principal 4,000,000$3.7MNo change
TPI COMPOSITES INC (TPIC 5.25 03/15/28) NOTE 5.250% 3/1 · principal 6,500,000$1.0MNo change
USA RARE EARTH INC *W EXP 03/13/203 50,000$34KNew

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 437$1.5BWBD, NSC, HSY, IMNM, ABVX
Q1 2026 337$973.8MNSC, WBD, SLNO, MASI, IMNM
Q4 2025 304$1.3BIVV, HSY, CYBR, BMY, SLNO
Q3 2025 273$1.0BLQD, CYBR, EXAS, WK, VRNA
Q2 2025 521$1.3BHYG, HSY, EXAS, BPMC, JNPR
Q1 2025 339$1.1BHYG, ITCI, K, LQD, FYBR
Q4 2024 347$1.3BIVV, HES, K, X, HCP
Q3 2024 222$793.1MHES, HCP, TENB, ACI, DFS
Q2 2024 276$1.2BSPY, HES, ACI, NET, VERA
Q1 2024 174$1.8BSPY, HES, PXD, ACI, CYTK