Saba Capital Management, L.P.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Saba Capital Management, L.P. reported 226 stock positions worth $3.2 billion. Its top holding was ASA Gold and Precious Metals (ASA) at 9.5% of the portfolio, followed by BlackRock ESG Cap All TRM TR (ECAT, 8.5%) and BlackRock Sci & Tech TRM TR (BSTZ, 5.3%). Compared with Q1 2026, it opened 47 new positions, sold out of 42, added to 57 and reduced 73. The biggest buy was BlackRock Sci & Tech TRM TR (BSTZ, shares +3%) and the biggest sale BlackRock ESG Cap All TRM TR (ECAT, shares −20%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001510281
Portfolio Value
$3.2B (Q2 2026)
SEC Filing
0001062993-26-004420 ↗ filed Aug 14, 2026

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $4.5B Q1 2024 Q2 2024: $4.5B Q2 2024 Q3 2024: $4.5B Q3 2024 Q4 2024: $3.9B Q4 2024 Q1 2025: $3.6B Q1 2025 Q2 2025: $3.6B Q2 2025 Q3 2025: $3.0B Q3 2025 Q4 2025: $2.9B Q4 2025 Q1 2026: $3.1B Q1 2026 Q2 2026: $3.2B $3.2B Q2 2026

Holdings 226 stocks · $3.2B
ASA ASA Gold and Precious Metals 9.46% 5,903,701 $307.2M No change
ECAT BlackRock ESG Cap All TRM TR 8.53% 17,612,449 $276.9M Reduce -20.0%
BSTZ BlackRock Sci & Tech TRM TR 5.27% 5,696,873 $171.1M Add +3.0%
NFJ Virtus DVD Intrst & PRM STR 4.78% 10,216,703 $155.2M Add +0.0%
XGDVX Gabelli Dividend & Income TR 4.24% 4,679,415 $137.6M Reduce -8.4%
PDX PIMCO Dynamic Income Strat 4.11% 6,416,087 $133.6M No change
NBXG Neuberger Next Generation Co. 3.84% 7,548,223 $124.8M No change
GAM General American Investors 3.44% 1,751,470 $111.7M Reduce -4.8%
BPRE Bluerock Private Real Estate 2.70% 6,742,126 $87.7M Add +41.5%
PEO Adams Natural Resources Fund 1.73% 2,269,294 $56.1M Add +0.3%
MEGI Nylim CBRE GB Infra Mtrnd TF filed as NYLI CBRE GBL INFR MEGTRNDS 1.60% 3,409,677 $51.8M Reduce -16.7%
MXF Mexico Fund Inc. 1.52% 2,260,134 $49.4M Add +28.1%
RMT Royce Micro-Cap Trust Inc. 1.51% 3,346,703 $49.0M Add +12.9%
FSK FS KKR Capital Corp. 1.36% 4,215,619 $44.3M Add +20.1%
XSSPX Nuveen S&P 500 Dynam Overwr 1.36% 2,368,022 $44.1M Add +54.0%
HFRO Highland Opport & Income 1.31% 5,976,204 $42.6M Add +16.1%
GF The New Germany Fund Inc. 1.27% 3,602,815 $41.3M Add +38.8%
LEO BNY Mellon Strategic Muni 1.21% 6,076,820 $39.3M No change
DSM BNYM Strat Muni BND filed as BNY MELLON STRATEGIC MUN BD 0.98% 5,179,441 $31.9M No change
APO Apollo Global Management Inc. 0.89% 245,078 $29.0M Reduce -8.4%
BTX BlackRock Tech & Priv Eqty 0.87% 3,116,387 $28.1M Add +307.8%
ARES Ares Management Corp. Class A 0.86% 249,745 $27.8M Add +3.6%
EIDO iShares MSCI Indonesia ETF 0.84% 2,413,286 $27.3M New
TY Tri-Continental Corp. 0.73% 689,725 $23.7M Reduce -6.2%
RVT Royce Small-Cap Trust Inc. 0.71% 1,247,806 $23.0M New
JOF Japan Smaller Capitalization 0.71% 1,948,781 $23.0M Add +21.7%
CNNE Cannae Holdings Inc. 0.70% 1,582,225 $22.8M Reduce -7.7%
WB Weibo Corp.-Spon ADR 0.69% 3,107,526 $22.6M Add +27.5%
USA Liberty All Star Equity Fund 0.69% 3,859,939 $22.4M New
TWN Taiwan Fund Inc./TH/MD-US Inc. 0.67% 226,694 $21.8M No change
GLO Clough Global Opportunities 0.66% 3,507,188 $21.5M Add +15.8%
ECF Ellsworth Growth and Income 0.65% 1,604,273 $21.2M No change
BMEZ BlackRock HLTH Sci TRM TR II 0.64% 1,348,202 $20.7M Add +77.5%
GRX Gabelli Healthcare & Well 0.62% 2,118,201 $20.0M No change
NML Neuberger Energy Infrastruct 0.61% 1,951,651 $19.8M Add +12.0%
SNAP Snap Inc. Class A 0.61% 4,432,541 $19.7M Reduce -6.3%
EVTL Vertical Aerospace Ltd. 0.56% 10,516,710 $18.3M Reduce -9.7%
SABA Saba Capital Income & Opp II 0.56% 2,190,968 $18.3M No change
META Meta Platforms Inc. Class A 0.56% 32,275 $18.2M Reduce -9.3%
IIF Morgan Stanley India Invest 0.55% 782,728 $17.9M Add +3.5%
BMBL Bumble Inc. Class A 0.55% 5,558,395 $17.8M Add +4.1%
DMB BNY Mellon Muni BND Infra 0.53% 1,565,216 $17.3M No change
VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP 0.53% 1,585,000 $17.2M No change
DMA Destra Multi-Alternative 0.51% 2,220,648 $16.6M No change
DXYZ Destiny TECH100 Inc. 0.51% 644,280 $16.6M New
KF Korea Fund Inc. 0.51% 220,140 $16.6M Add +0.9%
BABA Alibaba Group Holding-SP ADR 0.51% 172,007 $16.5M Add +75.8%
WDAY Workday Inc. Class A 0.49% 131,171 $16.1M New
XIAEX Voya Asia Pac Hi DVD Eq Inc. 0.46% 1,618,753 $15.0M No change
INTU Intuit Inc. 0.43% 53,690 $14.0M New
TSLA Tesla Inc. 0.41% 31,837 $13.4M Reduce -59.6%
ZTR Virtus Total Return Fund Inc. 0.41% 1,936,491 $13.2M Add +70.7%
RDAG Republic Digital Acquis Class A 0.40% 1,245,958 $12.9M Reduce -10.8%
XNIEX Virtus Equity & Convertible 0.39% 475,853 $12.8M Add +31.7%
BX Blackstone Inc. 0.38% 105,567 $12.4M Reduce -50.0%
PAGS Pagseguro Digital Ltd. Class A 0.36% 1,293,415 $11.7M No change
TASK Taskus Inc. Class A 0.33% 2,301,712 $10.8M Add +10.2%
GUACU Berto Acquisition Corp. II 0.32% 1,018,457 $10.3M New
IHD Voya Emrg MRKT Hi DVD Eqty 0.31% 1,305,586 $10.2M No change
OIM Oneim Acquisition Class-A 0.31% 1,001,863 $10.1M Reduce -33.7%
SABR Sabre Corp. 0.30% 4,710,309 $9.8M Reduce -27.4%
CYH Community Health Systems Inc. 0.30% 2,882,169 $9.6M Add +124.8%
XCAFX Morgan Stanley China A Share 0.29% 450,836 $9.5M Reduce -14.3%
AAPL Apple Inc. 0.28% 31,981 $9.3M Reduce -12.4%
CAG Conagra Brands Inc. 0.28% 683,124 $9.2M Add +322.7%
PDD PDD Holdings Inc. 0.27% 116,400 $8.9M Add +124.4%
CPB The Campbell's Company 0.25% 367,598 $8.2M Add +16.6%
HCMA HCM III Acquisition Cor Class A 0.24% 749,650 $7.7M Reduce -21.1%
KYN Kayne Anderson Energy Infra 0.23% 550,782 $7.6M Add +4254.7%
WENN Wen Acquisition Corp. Class A 0.23% 713,222 $7.3M Reduce -32.9%
NVDA Nvidia Corp. 0.22% 36,415 $7.3M Reduce -68.1%
BA The Boeing Co. 0.22% 33,606 $7.3M Reduce -54.6%
HPP Hudson Pacific Properties Inc. 0.22% 476,515 $7.2M Reduce -42.7%
FTRA.U Futurecorp Space Acquisition 0.22% 700,100 $7.1M New
CGCFU Cartesian Growth Corp. IV 0.22% 700,000 $7.0M New
KPET Kpet Ultra Paceline Cor Class A 0.21% 698,800 $7.0M Reduce -0.2%
STHO Star Holdings filed as STAR HLDGS 0.21% 757,228 $6.9M Reduce -18.7%
BCV Bancroft Fund Ltd. 0.21% 265,074 $6.9M Reduce -4.5%
PMTR Perimeter Acquis Corp. I Class A 0.21% 649,940 $6.8M Reduce -19.3%
XGLQX Clough Global Equity Fund 0.21% 774,988 $6.7M Reduce -16.9%
XPCQX PIMCO California Muni Inc. FD 0.20% 725,010 $6.5M Add +4.8%
HACQ HCM IV Acquisition Corp. Class-A 0.20% 640,000 $6.4M Reduce -8.6%
WIW Western Asst Infl-LNK Opp 0.20% 753,909 $6.3M Add +436.3%
EMO Clearbridge Energy Midstream 0.19% 126,112 $6.3M New
PLTR Palantir Technologies Inc. Class A 0.19% 53,369 $6.2M Add +74.3%
CHW Calamos Global Dynamic Incom 0.19% 683,781 $6.1M Add +459.4%
FVAV Fortress Value Acquis V Class A 0.19% 600,000 $6.1M No change
CAES Cantor Equity Partners Vii-A 0.19% 600,000 $6.1M Add +51.1%
YICCU Yorkville International Capi 0.19% 600,000 $6.0M New
GLV Clough Global Dividend & Inc. 0.18% 899,323 $6.0M Add +16.8%
NCV Virtus Convertible & Income 0.18% 336,482 $5.9M Reduce -53.5%
TDF Templeton Dragon Fund Inc. 0.18% 539,260 $5.9M No change
RNGT Range Capital Acquisit Class A 0.18% 574,531 $5.8M Reduce -0.1%
XEFRX Eaton Vance Sr FLTG Rate TR 0.18% 544,453 $5.8M Add +108.0%
MFM Aberdeen Municipal Income 0.18% 1,023,943 $5.8M Add +285.2%
MTAL Metals Acquisition II Class A 0.18% 564,436 $5.7M Reduce -0.3%
EVAC Eqv Ventures Acquisition C-A 0.18% 559,738 $5.7M No change
BLZR Trailblazer Acquisition Class A 0.17% 536,151 $5.4M Reduce 0.0%
NWL Newell Brands Inc. 0.17% 880,417 $5.4M Reduce -51.0%
AXP American Express Co. 0.16% 15,539 $5.3M Reduce -37.2%

Show all 226 holdings

Options reported separately and not counted above: AMD puts ($91.7M), TSLA puts ($91.0M), NVDA puts ($77.7M), BABA puts ($56.6M), META puts ($50.2M), PDD puts ($49.8M), AAPL puts ($44.5M), BA puts ($27.7M), MRVL puts ($22.1M), JBLU puts ($17.8M), AXP puts ($17.3M), MSTR puts ($16.5M), and 11 more.

Other holdings (151): bonds, preferreds, convertibles and warrants · $23.1M (not counted above)
SecurityClassShares / PrincipalValueChange
COINBASE GLOBAL INC (COIN 0.25 04/01/30) NOTE 0.250% 4/0 · principal 8,500,000$7.6MNo change
IONQ.WS Ionq Inc. -CW26 *W EXP 09/30/202 32,248$1.4MNo change
BCARW D Boral Arc Acquisition - 30 *W EXP 07/23/203 397,682$706KAdd +274.1%
OPTXW Omnilit Acquisition Class A -23 *W EXP 99/99/999 192,983$524KReduce -32.8%
PMTRW Perimeter Acquis Corp. I -30 *W EXP 05/13/203 554,045$512KReduce -0.1%
SPKWF Spark I Acquisition Corp.-28 *W EXP 10/01/203 213,878$508KNew
FBYDW Falcon's Beyond Global-27 *W EXP 10/06/202 186,852$488KNo change
NUCLW Eagle Nuclear Energy Corp. *W EXP 02/25/203 282,898$409KReduce -19.2%
USDEW Stablecoinx Inc. *W EXP 06/25/203 984,852$404KNew
IPFXW Inflection Point Acqui - 31 *W EXP 03/03/203 201,499$379KAdd +0.8%
WENNW Wen Acquisition Corp.-A -31 *W EXP 99/99/999 981,344$348KReduce -0.0%
RDAGW Republic Digital Acqu - 30 *W EXP 05/01/203 916,230$344KReduce -3.5%
GCTS.WS Concord Acq Class A -CW28 *W EXP 03/01/202 660,648$330KReduce -7.0%
AIRJW Power & Digital Acq -CW24 *W EXP 03/15/202 239,381$310KReduce -13.2%
BZAIW Burtech Acquisition -CW23 *W EXP 01/13/203 874,225$310KNo change
OIMAW Oneim Acquisition - 30 *W EXP 01/07/203 366,267$302KAdd +1.7%
TACOW Berto Acquisition Corp. - 30 *W EXP 05/01/203 406,561$299KNo change
FTW.WS Presidio Pubco Inc. *W EXP 03/04/203 185,376$258KReduce -15.8%
CCXIW Churchill Capital Corp. Xi *W EXP 12/10/203 32,726$249KAdd +147.1%
HCACR Hall Chadwick Acquisi-Rights RIGHT 11/20/2030 870,315$246KNo change
HCMAW HCM III Acquisition Corp. -30 *W EXP 07/23/203 333,333$242KNo change
IPXGW Columbus Circle Capital Corp. *W EXP 02/11/203 174,999$229KReduce -12.5%
IPCXR Inflection Point Acquisition RIGHT 04/25/2030 512,200$226KNo change
IMSRW HCM II Acquisition Corp. - 29 *W EXP 10/28/203 65,681$219KNo change
LZM.WS Lifezone Metals Ltd. -28 *W EXP 07/05/202 533,369$219KReduce -18.1%
MTAL.WS Metals Acquisition Corp. II *W EXP 06/30/203 188,904$213KAdd +0.2%
DAAQW Digital Asset Acquisition-30 *W EXP 04/01/203 471,140$202KNo change
HQWWW Horizon Quant -31 *W EXP 03/19/203 11,200$174KReduce -94.7%
RNGTW Range Capital Acquisition Co. *W EXP 09/29/203 487,499$173KNo change
KRSP.WS Rice Acquisition Corp. 3 *W EXP 99/99/999 161,112$160KNo change
XRPNW Armada Acquisition Corp - A *W EXP 05/21/203 183,597$150KNo change
EVAC.WS Eqv Ventures Acquisition Cor *W EXP 06/30/203 336,579$149KNo change
GFUZW Spring Valley Acq Co. -30 *W EXP 09/04/203 83,332$148KNo change
FACTW Fact II Acquisition Corp. -29 *W EXP 11/26/203 237,350$142KNo change
CCIIW Cohen Circle Acq II -30 *W EXP 07/01/203 187,499$141KNo change
NSTR.WS Viking Acquisition Corp. I *W EXP 11/03/203 167,854$139KNew
TMSWW Live Oak Acquisition Co.-CW29 *W EXP 06/18/203 91,709$136KNew
SAAQW Space Asset Acquisition Corp. *W EXP 03/31/203 147,440$133KNo change
BBCQW Bleichroeder Acquisition Cor *W EXP 12/23/203 58,100$127KAdd +5.1%
SVIVW Spring Valley Acquisition Co. *W EXP 01/22/203 127,880$125KNo change
WLIIW Willow Lane Acquisition Corp. *W EXP 12/31/203 124,999$120KNo change
BLZRW Trailblazer Acqui Corp. -30 *W EXP 09/30/203 262,103$115KNo change
PCAPW Procap Acq Corp. A -30 *W EXP 05/16/203 333,332$108KNo change
RDZNW Vahanna Tech Edge -CW24 *W EXP 11/30/202 541,499$105KNo change
NHICW Newhold Investment Corp. - 30 *W EXP 01/30/203 49,998$104KNo change
ONCHW 1RT Acquisition Corp.-A -31 *W EXP 06/26/203 199,997$102KReduce 0.0%
HACQW HCM IV Acquisition Corp. *W EXP 01/20/203 174,998$100KNo change
APXTW Apex Treasury Corp. -30 *W EXP 10/07/203 299,999$98KNo change
EVOXW Evolution Global Acquisition *W EXP 10/22/203 225,000$95KNo change
FCRS.WS Futurecrest Acquisition Corp. *W EXP 09/30/203 92,013$78KNo change
HOVRW Pono Capital Three Inc.-A-28 *W EXP 02/14/202 199,659$78KNo change
BCSS.WS Bain Capital GSS Investment *W EXP 01/01/202 107,115$78KNo change
CRANR Crane Harbor Acquisition-RTS RIGHT 12/09/2030 297,854$71KNo change
KPET.WS Kpet Ultra Paceline Corp. *W EXP 03/01/203 116,665$70KReduce -0.2%
TMTSW Spartacus Acquisition Corp. I *W EXP 01/30/203 133,333$70KNo change
KEYYW Keystone Acquisition - 31 *W EXP 05/28/203 149,999$66KNew
MACIW Melar Acquisition Corp. I -29 *W EXP 06/01/203 438,551$64KNo change
HVIIR Hennessy Capital Investment RIGHT 01/17/2030 175,000$62KNo change
BDCIW BTC Development Corp. - 30 *W EXP 09/11/203 131,249$61KNo change
LWACW Lightwave Acquisition Corp. *W EXP 06/06/203 197,486$60KNo change
QADRW Qdro Acquisition Corp. *W EXP 03/27/203 199,999$59KNo change
VLOSW M3-Brigade Acquisition -30 *W EXP 99/99/999 149,170$59KNo change
FLDDW Fold Holdings Inc. -23 *W EXP 02/14/203 568,730$58KNo change
DYORW Insight Digital Partners II *W EXP 10/28/203 196,682$57KNo change
ANSCW Agriculture & Natural Solu-W *W EXP 10/01/202 249,200$56KNo change
NPWR.WS Rice Acquisition Corp. II-CW *W EXP 06/08/202 180,984$56KNo change
AI INFRASTRUCTURE ACQUISITIO RIGHT 99/99/9999 227,000$52KNo change
IACQW Irenic Acquisition - 31 *W EXP 04/10/203 83,332$52KNew
OTGAW Otg Acquisition Corp. I - 30 *W EXP 09/05/203 125,000$51KNo change
SBCWW Pono Capital Two Inc. -27 *W EXP 09/17/202 200,000$51KNo change
FUFUW Bitfufu Inc.-28 *W EXP 03/01/202 414,140$49KNo change
DNMXW Dynamix Corp. III *W EXP 10/10/203 174,999$48KNo change
RTACW Renatus Tactical Acqu - 30 *W EXP 05/15/203 62,708$48KAdd +10.3%
KRAQW Krakacq Corp. -31 *W EXP 12/23/203 95,971$47KNo change
BGLWW Blue Gold Ltd. *W EXP 04/01/203 484,298$47KNo change
GPATW GP-Act III Acq Class A -CW27 *W EXP 05/13/202 193,229$46KNo change
PLMKW Plum Acquisition Corp. IV-30 *W EXP 08/19/202 99,999$45KNo change
COLAR Columbus Acquisition Corp. RIGHT 99/99/9999 100,000$44KNew
KCAC.WS Kensington Capital Acquisiti *W EXP 99/99/999 37,499$43KNo change
DRDBW Roman DBDR Acquisition -30 *W EXP 10/31/203 174,262$43KNo change
EONR.WS HNR Acquisition Corp. -CW23 *W EXP 11/15/202 500,000$38KNo change
IACOW Idea Acquisition Corp.-30 *W EXP 01/06/203 116,666$37KNo change
DYNCW Dynamix Corp. - 29 *W EXP 10/25/202 226,640$37KNo change
AACOW Abony Acquisition Corp. -CW27 *W EXP 01/29/203 83,316$36KNo change
MDAIW Spectral AI -CW27 *W EXP 09/11/202 59,763$33KNo change
FLYX.WS Eg Acquisition Corp.-A -CW28 *W EXP 99/99/999 180,500$32KNo change
ILLUW Illumination Acquisition Cor *W EXP 12/23/203 66,666$32KNo change
AACIW Armada Acquisition Corp. III *W EXP 02/13/203 99,557$32KNo change
FUSEW CSLM Holdings Inc. - 30 *W EXP 10/22/203 524,998$32KNo change
SIMAW Sim Acquisition Corp. - 29 *W EXP 06/01/203 111,217$31KNo change
GTENW Gores Holdings X Inc.-31 *W EXP 05/02/203 31,905$29KAdd +0.9%
BNAIW Brand Engagement Netwo -CW27 *W EXP 03/14/202 212,302$28KNo change
ZEOWW Esgen Acquisition A -CW23 *W EXP 03/13/202 726,030$28KNo change
SCAGW Scage Future -30 *W EXP 05/15/203 660,109$27KNo change
ACAAW Averin Capital Acqu - 31 *W EXP 12/31/203 41,665$27KReduce -0.2%
NPACW New Providence Acq A -CW28 *W EXP 04/24/203 95,631$27KNo change
AISPW Airship AI Holdings Inc.-CW28 *W EXP 12/21/202 35,333$26KNo change
HCICR Hennessy Capital Investm-RTS RIGHT 02/02/2031 136,488$23KNo change
LFACW Leapfrog Acquisition Corp. *W EXP 11/10/203 67,193$23KNo change
ASBPW Aspire Biopharma Holdin-CW27 *W EXP 02/14/203 983,603$23KNo change
PALOW Paloma Acquisition Corp. I *W EXP 02/12/203 62,499$22KNo change
WEST ENCLAVE MERGER CORP-RT RIGHT 99/99/9999 125,000$22KNew
ALUB.WS Alussa Energy Acquisition-30 *W EXP 99/99/999 49,095$21KNo change
BIXIW Bitcoin Infrastructure Acqui *W EXP 11/06/203 69,332$20KNo change
FOXXW 1OXX *W EXP 09/26/202 269,962$19KAdd +10.2%
BWIV.WS Blue Water Acquisition - 30 *W EXP 08/09/203 49,999$18KNo change
LEGO.WS Legato Merger Corp. IV *W EXP 99/99/999 38,017$18KNo change
NAMMW Namib Minerals *W EXP 06/05/203 83,480$17KNo change
ALFUW Centurion Acquisition - 29 *W EXP 05/31/203 71,410$17KNo change
RAC.WS Rithm Acquisition Corp. - 30 *W EXP 99/99/999 25,000$16KNo change
SLDPW Decarbonization Plus -CW23 *W EXP 12/08/202 144,086$15KNo change
OSRHW Bellevue Life Sciences-WRNT *W EXP 02/09/202 250,000$13KNo change
CDTTW Murphy Canyon Acq-CW27 *W EXP 09/22/202 765,000$13KNo change
KFIIR K&F Growth Acquisition Corp. RIGHT 08/29/2031 100,000$12KNo change
LIMNW Liminatus Pharma Inc. Class A-28 *W EXP 04/30/203 233,761$12KNo change
RFAMR RF Acquisition Corp. III RIGHT 01/28/2031 95,000$11KNo change
HOLLEY INC *W EXP 11/30/202 298,716$11KNo change
MUZEW Muzero Acquisition - 30 *W EXP 01/30/203 37,489$11KNew
DAICW Cid Holdco Inc. -26 *W EXP 12/31/202 726,048$10KNo change
BNCWZ Cea Industries Inc. *W EXP 08/05/202 198,020$10KNew
NVNWF Nvni Group Ltd.-28 *W EXP 11/01/202 211,075$9KNo change
SBXWF Silverbox Corp. IV-A- 29 *W EXP 08/19/202 67,710$9KNo change
KIDZW Classover Holdings Inc. - 30 *W EXP 04/03/203 699,290$9KNo change
CYCUW Cycurion Inc.-CW27 *W EXP 02/13/203 500,000$9KNo change
BRLSW Oxus Acquisition Corp. -CW23 *W EXP 02/07/202 166,894$8KNo change
NWAX.WS New America Acquisition I Co. *W EXP 99/99/999 11,946$7KNew
VSEEW Digital Health Acquist-CW23 *W EXP 99/99/999 243,249$7KNo change
PBMWW Psyence Biomedical Ltd. *W EXP 01/22/202 297,847$7KNo change
SMXWW SMX Security Matters PLC-28 *W EXP 03/07/202 265,947$6KNo change
BDMDW Baird Medical Investment -28 *W EXP 10/01/202 132,013$6KNo change
GCLWW GCL Global Holdings-A -CW26 *W EXP 02/13/203 275,000$6KNo change
ZOOZW Zooz Strategy Ltd.-29 *W EXP 04/02/202 262,498$5KNo change
MLKWF Waldencast Acq Class A -CW27 *W EXP 07/27/202 99,898$5KNo change
OPFI.WS Oppfi Inc. -CW26 *W EXP 07/20/202 153,564$5KNo change
GRABW Grab Holdings Ltd.-CW 26 *W EXP 99/99/999 84,913$4KNo change
RMCOW American Acq Class A -CW26 *W EXP 10/31/202 19,443$4KNo change
ARBEW Arbe Robotics Ltd. -CW26 *W EXP 99/99/999 114,180$3KNo change
BAERW Wildfire New Pubco Inc.-27 *W EXP 01/24/202 11,445$3KReduce -39.0%
GGROW Gogoro Inc. -CW27 *W EXP 04/04/202 400,330$3KNo change
CDIOW Cardio Diagnostics-CW26 *W EXP 10/25/202 199,839$3KNo change
SVIAW Procap Financial Inc. *W EXP 12/05/203 13,125$3KNo change
HUBCW Hub Cyber Security Ltd.-28 *W EXP 02/27/202 179,799$3KNo change
MRNOW Murano Global BV-28 *W EXP 03/19/202 174,998$2KNo change
VGASW Cenaq Energy Corp. Class A -CW27 *W EXP 02/15/202 73,108$2KNo change
ECXWW Ecarx Holdings Inc. Class A-27 *W EXP 99/99/999 43,358$2KNo change
LOTWW Lotus Technology Inc.-28 *W EXP 02/22/202 26,945$2KNo change
GWHWW Ess Tech Inc. -CW27 *W EXP 10/08/202 303,596$2KNo change
OABIW Omniab Inc. - CW26 *W EXP 99/99/999 18,000$1KReduce -9.6%
PARAW 7GC & Co. Holdings Class A -CW26 *W EXP 12/14/202 124,100$1KNo change
SWVLW Pivotal Holdings Corp. -CW27 *W EXP 99/99/999 170,222$1KNo change
LVWR.WS Livewire Group Inc.-27 *W EXP 09/26/202 49,203$935No change

Total filed on the 13F, all lines: $3.3B.

Portfolio Sells Q1 2026 → Q2 2026
ECAT BlackRock ESG Cap All TRM TR Reduce -20.0% 8.53% −1.18
LQD Ishr Ibx Usd Invgd CB ETF-Ui Sold out 0.00% −1.06
OXLC Oxford Lane Capital Corp. Sold out 0.00% −0.59
TSLA Tesla Inc. Reduce -59.6% 0.41% −0.54
CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −0.50
QCOM Qualcomm Inc. Sold out 0.00% −0.47
HQL Abrdn Life Sciences Investor Reduce -91.8% 0.05% −0.45
NVDA Nvidia Corp. Reduce -68.1% 0.22% −0.42
BX Blackstone Inc. Reduce -50.0% 0.38% −0.41
MEGI Nylim CBRE GB Infra Mtrnd TF Reduce -16.7% 1.60% −0.36
EVTL Vertical Aerospace Ltd. Reduce -9.7% 0.56% −0.27
BA The Boeing Co. Reduce -54.6% 0.22% −0.25
VCLT Vanguard Long-Term Corp. Bond Sold out 0.00% −0.24
XGDVX Gabelli Dividend & Income TR Reduce -8.4% 4.24% −0.23
XBOEX BlackRock Enh GLBL DVD TR Sold out 0.00% −0.20
OIM Oneim Acquisition Class-A Reduce -33.7% 0.31% −0.18
RAAQ Real Asset Acquisiti Class A Reduce -85.0% 0.03% −0.17
CAEP Cantor Equity Partners III-A Sold out 0.00% −0.17
NCV Virtus Convertible & Income Reduce -53.5% 0.18% −0.17
AFB Allianceberstein NTL Muni Sold out 0.00% −0.16
CXE MFS High Income Municipal TR Sold out 0.00% −0.13
BDCI BTC Development Corp. Class A Sold out 0.00% −0.13
QADRU Qdro Acquisition Corp. Sold out 0.00% −0.13
ETOR Etoro Group Ltd. Class A Reduce -71.0% 0.07% −0.13
WENN Wen Acquisition Corp. Class A Reduce -32.9% 0.23% −0.13
SHOP Shopify Inc. Class A Reduce -39.7% 0.15% −0.12
RFMZ Rivernorth Flex Muni II Sold out 0.00% −0.12
NCZ Virtus Convertible & Income Reduce -77.9% 0.04% −0.12
IPXG Inflection Point Acquisition Reduce -58.5% 0.08% −0.11
IACOU Idea Acquisition Corp. Sold out 0.00% −0.11
META Meta Platforms Inc. Class A Reduce -9.3% 0.56% −0.10
SNAP Snap Inc. Class A Reduce -6.3% 0.61% −0.10
EVOX Evolution Global Acquis Class A Sold out 0.00% −0.10
SAAQ Space Asset Acquisition Class A Reduce -67.0% 0.04% −0.09
TMTS Spartacus Acquisition C Class A Reduce -64.7% 0.04% −0.09
AMD Advanced Micro Devices Sold out 0.00% −0.08
AXP American Express Co. Reduce -37.2% 0.16% −0.08
BW Babcock & Wilcox Enterpr Reduce -51.8% 0.06% −0.08
AACOU Abony Acquisition Corp. I Sold out 0.00% −0.08
PURR Hyperliquid Strategies Sold out 0.00% −0.08
KW Kennedy-Wilson Holdings Inc. Sold out 0.00% −0.08
APO Apollo Global Management Inc. Reduce -8.4% 0.89% −0.08
HCMA HCM III Acquisition Cor Class A Reduce -21.1% 0.24% −0.07
JFR Nuveen Floating Rate Income Sold out 0.00% −0.07
RDAG Republic Digital Acquis Class A Reduce -10.8% 0.40% −0.07
FUN Six Flags Entertainment Corp. Sold out 0.00% −0.06
AACIU Armada Acquisition Corp. III Sold out 0.00% −0.06
BHAVU Bhav Acquisition Corp. Sold out 0.00% −0.06
ILLUU Illumination Acquisition Cor Sold out 0.00% −0.06
GEO The Geo Group Inc. Sold out 0.00% −0.06

Portfolio Buys Q1 2026 → Q2 2026
BSTZ BlackRock Sci & Tech TRM TR Add +3.0% 5.27% +1.29
EIDO iShares MSCI Indonesia ETF New 0.84% +0.84
RVT Royce Small-Cap Trust Inc. New 0.71% +0.71
BTX BlackRock Tech & Priv Eqty Add +307.8% 0.87% +0.70
USA Liberty All Star Equity Fund New 0.69% +0.69
NFJ Virtus DVD Intrst & PRM STR Add +0.0% 4.78% +0.60
XSSPX Nuveen S&P 500 Dynam Overwr Add +54.0% 1.36% +0.56
DXYZ Destiny TECH100 Inc. New 0.51% +0.51
WDAY Workday Inc. Class A New 0.49% +0.49
INTU Intuit Inc. New 0.43% +0.43
RMT Royce Micro-Cap Trust Inc. Add +12.9% 1.51% +0.42
GF The New Germany Fund Inc. Add +38.8% 1.27% +0.41
HFRO Highland Opport & Income Add +16.1% 1.31% +0.36
MXF Mexico Fund Inc. Add +28.1% 1.52% +0.32
GUACU Berto Acquisition Corp. II New 0.32% +0.32
BMEZ BlackRock HLTH Sci TRM TR II Add +77.5% 0.64% +0.28
KYN Kayne Anderson Energy Infra Add +4254.7% 0.23% +0.23
FTRA.U Futurecorp Space Acquisition New 0.22% +0.22
CGCFU Cartesian Growth Corp. IV New 0.22% +0.22
FSK FS KKR Capital Corp. Add +20.1% 1.36% +0.20
CAG Conagra Brands Inc. Add +322.7% 0.28% +0.20
EMO Clearbridge Energy Midstream New 0.19% +0.19
KF Korea Fund Inc. Add +0.9% 0.51% +0.19
YICCU Yorkville International Capi New 0.19% +0.19
CYH Community Health Systems Inc. Add +124.8% 0.30% +0.17
ZTR Virtus Total Return Fund Inc. Add +70.7% 0.41% +0.16
CHW Calamos Global Dynamic Incom Add +459.4% 0.19% +0.16
WIW Western Asst Infl-LNK Opp Add +436.3% 0.20% +0.16
WLCOU Wilco 63 Corp.-Unit New 0.15% +0.15
ETW Eaton Vance T/M GLBL Buy-WR New 0.15% +0.15
IPFX Inflection Point Acqui Class-A New 0.14% +0.14
JOF Japan Smaller Capitalization Add +21.7% 0.71% +0.14
CPZ Calamos LNG/SHRT Eqty & DYN New 0.14% +0.14
MFM Aberdeen Municipal Income Add +285.2% 0.18% +0.13
BPRE Bluerock Private Real Estate Add +41.5% 2.70% +0.13
XNIEX Virtus Equity & Convertible Add +31.7% 0.39% +0.12
CAES Cantor Equity Partners Vii-A Add +51.1% 0.19% +0.12
XBGYX BlackRock Enh Intl DVD TR New 0.12% +0.12
GLO Clough Global Opportunities Add +15.8% 0.66% +0.11
NHIVU Newhold Investment Corp. IV New 0.11% +0.11
BABA Alibaba Group Holding-SP ADR Add +75.8% 0.51% +0.11
PDD PDD Holdings Inc. Add +124.4% 0.27% +0.10
CXIIU Churchill Capital Corp. Xii New 0.10% +0.10
AAC.U Ares Acquisition Corp. III New 0.09% +0.09
KEYY Keystone Acquisition Co. Class A New 0.09% +0.09
JHX James Hardie Ind PLC New 0.09% +0.09
XEFRX Eaton Vance Sr FLTG Rate TR Add +108.0% 0.18% +0.09
BZH Beazer Homes USA Inc. New 0.09% +0.09
COMP Compass Inc. Class A Add +134.9% 0.11% +0.08
CEG Constellation Energy New 0.08% +0.08

Options Activity Q1 2026 → Q2 2026
TSLA Tesla Inc. put Reduce -11.8% 216,300 $91.0M
NVDA Nvidia Corp. put Reduce -9.5% 388,200 $77.7M
AAPL Apple Inc. put Add +47.4% 153,700 $44.5M
QCOM Qualcomm Inc. put Sold out 217,700 $28.0Mbefore exit
BA The Boeing Co. put Reduce -31.9% 127,900 $27.7M
CRWD CrowdStrike Holdings Inc. Class A put Sold out 67,100 $26.2Mbefore exit
MRVL Marvell Technology Inc. put Reduce -38.5% 74,200 $22.1M
JBLU Jetblue Airways Corp. put New 3,113,800 $17.8M
MSTR Strategy Inc. put Add +90.0% 190,000 $16.5M
WDC Western Digital Corp. put New 16,200 $10.3M
SHOP Shopify Inc. Class A put Reduce -53.0% 63,800 $7.3M
TSLA Tesla Inc. call New 16,200 $6.8M
META Meta Platforms Inc. Class A call New 11,300 $6.4M
RITM Rithm Capital Corp. put Sold out 500,000 $4.7Mbefore exit
NBIS Nebius Group NV put New 15,000 $4.1M
AMAT Applied Materials Inc. put Sold out 11,200 $3.8Mbefore exit
RIVN Rivian Automotive Inc. Class A put Sold out 130,200 $2.0Mbefore exit
IBIT iShares Bitcoin Trust ETF put Sold out 46,200 $1.8Mbefore exit
OKLO Oklo Inc. call New 17,700 $926K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q1 2026 → Q2 2026
CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) NOTE 5.125%11/1 · principal Sold out 10,000,000 $10.2Mbefore exit
STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) NOTE 6.750% 7/1 · principal Sold out 5,000,000 $5.1Mbefore exit
STRATEGY INC (MSTR 0 12/01/29) NOTE 12/0 · principal Sold out 5,000,000 $4.2Mbefore exit
RIVIAN AUTO INC (RIVN 3.625 10/15/30) NOTE 3.625%10/1 · principal Sold out 3,000,000 $2.9Mbefore exit
RAAQW REAL ASSET AQC Corp -30 *W EXP 04/24/203 Sold out 612,813 $812Kbefore exit
BCARW D Boral Arc Acquisition - 30 *W EXP 07/23/203 Add +274.1% 397,682 $706K
OPTXW Omnilit Acquisition Class A -23 *W EXP 99/99/999 Reduce -32.8% 192,983 $524K
PMTRW Perimeter Acquis Corp. I -30 *W EXP 05/13/203 Reduce -0.1% 554,045 $512K
SPKWF Spark I Acquisition Corp.-28 *W EXP 10/01/203 New 213,878 $508K
NUCLW Eagle Nuclear Energy Corp. *W EXP 02/25/203 Reduce -19.2% 282,898 $409K
USDEW Stablecoinx Inc. *W EXP 06/25/203 New 984,852 $404K
IPFXW Inflection Point Acqui - 31 *W EXP 03/03/203 Add +0.8% 201,499 $379K
WENNW Wen Acquisition Corp.-A -31 *W EXP 99/99/999 Reduce -0.0% 981,344 $348K
RDAGW Republic Digital Acqu - 30 *W EXP 05/01/203 Reduce -3.5% 916,230 $344K
GCTS.WS Concord Acq Class A -CW28 *W EXP 03/01/202 Reduce -7.0% 660,648 $330K
AIRJW Power & Digital Acq -CW24 *W EXP 03/15/202 Reduce -13.2% 239,381 $310K
OIMAW Oneim Acquisition - 30 *W EXP 01/07/203 Add +1.7% 366,267 $302K
FTW.WS Presidio Pubco Inc. *W EXP 03/04/203 Reduce -15.8% 185,376 $258K
CCXIW Churchill Capital Corp. Xi *W EXP 12/10/203 Add +147.1% 32,726 $249K
IPXGW Columbus Circle Capital Corp. *W EXP 02/11/203 Reduce -12.5% 174,999 $229K
LZM.WS Lifezone Metals Ltd. -28 *W EXP 07/05/202 Reduce -18.1% 533,369 $219K
MTAL.WS Metals Acquisition Corp. II *W EXP 06/30/203 Add +0.2% 188,904 $213K
HQWWW Horizon Quant -31 *W EXP 03/19/203 Reduce -94.7% 11,200 $174K
NSTR.WS Viking Acquisition Corp. I *W EXP 11/03/203 New 167,854 $139K
TMSWW Live Oak Acquisition Co.-CW29 *W EXP 06/18/203 New 91,709 $136K
TMSWW Live Oak Acquisition Co.-CW29 *W EXP 99/99/999 Sold out 92,809 $131Kbefore exit
BBCQW Bleichroeder Acquisition Cor *W EXP 12/23/203 Add +5.1% 58,100 $127K
ONCHW 1RT Acquisition Corp.-A -31 *W EXP 06/26/203 Reduce 0.0% 199,997 $102K
WLACW Willow Lane Acquisition - 29 *W EXP 10/31/203 Sold out 28,595 $88Kbefore exit
MLACR Mountain Lake Acquisition Co. RIGHT 11/15/2028 Sold out 350,017 $74Kbefore exit
KPET.WS Kpet Ultra Paceline Corp. *W EXP 03/01/203 Reduce -0.2% 116,665 $70K
KEYYW Keystone Acquisition - 31 *W EXP 05/28/203 New 149,999 $66K
IACQW Irenic Acquisition - 31 *W EXP 04/10/203 New 83,332 $52K
RTACW Renatus Tactical Acqu - 30 *W EXP 05/15/203 Add +10.3% 62,708 $48K
COLAR Columbus Acquisition Corp. RIGHT 99/99/9999 New 100,000 $44K
BTMWQ Bitcoin Depot Inc.-CW23 *W EXP 06/30/202 Sold out 1,357,795 $32Kbefore exit
GTENW Gores Holdings X Inc.-31 *W EXP 05/02/203 Add +0.9% 31,905 $29K
ACAAW Averin Capital Acqu - 31 *W EXP 12/31/203 Reduce -0.2% 41,665 $27K
CPTWF Captivision Inc.-28 *W EXP 11/15/202 Sold out 649,998 $27Kbefore exit
WEST ENCLAVE MERGER CORP-RT RIGHT 99/99/9999 New 125,000 $22K
FOXXW 1OXX *W EXP 09/26/202 Add +10.2% 269,962 $19K
MUZEW Muzero Acquisition - 30 *W EXP 01/30/203 New 37,489 $11K
BNCWZ Cea Industries Inc. *W EXP 08/05/202 New 198,020 $10K
UNITED HOMES GROUP INC *W EXP 03/30/202 Sold out 45,810 $8Kbefore exit
NWAX.WS New America Acquisition I Co. *W EXP 99/99/999 New 11,946 $7K
ALCWF Alchemy Investments Acqui-28 *W EXP 11/30/202 Sold out 21,669 $3Kbefore exit
BAERW Wildfire New Pubco Inc.-27 *W EXP 01/24/202 Reduce -39.0% 11,445 $3K
LPBBW Launch Two Acquisition -29 *W EXP 10/09/202 Sold out 14,427 $2Kbefore exit
OABIW Omniab Inc. - CW26 *W EXP 99/99/999 Reduce -9.6% 18,000 $1K
ASTLW Algoma Steel Group Inc. -CW26 *W EXP 10/19/202 Sold out 10,200 $1Kbefore exit

Showing the first 50 of 56.

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 226$3.2BASA, ECAT, BSTZ, NFJ, XGDVX
Q1 2026 223$3.1BASA, ECAT, PDX, XGDVX, NFJ
Q4 2025 199$2.9BECAT, ASA, XGDVX, PDX, GAM
Q3 2025 177$3.0BECAT, ASA, PDX, XGDVX, GAM
Q2 2025 178$3.6BECAT, BTX, PDX, XGDVX, BCAT
Q1 2025 140$3.6BECAT, BTX, BMEZ, PDX, BCAT
Q4 2024 143$3.9BECAT, BTX, BMEZ, BCAT, PDX
Q3 2024 167$4.5BECAT, BTX, BMEZ, BCAT, PDX
Q2 2024 185$4.5BECAT, BTX, BMEZ, BCAT, ADX
Q1 2024 184$4.5BECAT, BTX, BMEZ, BCAT, ADX