Sculptor Capital LP

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Sculptor Capital LP reported 135 stock positions worth $4.4 billion. Its top holding was Liberty Media Class C (FWONK) at 11.1% of the portfolio, followed by Fidelity Wise Origin Bitcoin (FBTC, 4.9%) and iShares Bitcoin Trust ETF (IBIT, 4.8%). Compared with Q2 2025, it opened 48 new positions, sold out of 52, added to 21 and reduced 35. The biggest buy was Norfolk Southern (NSC, shares +1203%) and the biggest sale Liberty Media Class C (FWONK, shares −6%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001054587
Portfolio Value
$4.4B (Q3 2025)
SEC Filing
0001193125-25-282907 ↗ filed Nov 14, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B Q1 2024: $3.3B Q1 2024 Q2 2024: $3.2B Q2 2024 Q3 2024: $3.2B Q3 2024 Q4 2024: $4.2B Q4 2024 Q1 2025: $2.9B Q1 2025 Q2 2025: $3.8B Q2 2025 Q3 2025: $4.4B $4.4B Q3 2025 Q4 2025: $4.8B Q4 2025 Q1 2026: $4.2B Q1 2026 Q2 2026: $6.1B Q2 2026

Holdings 135 stocks · $4.4B
FWONK Liberty Media Corp. Class C 11.13% 4,723,855 $493.4M Reduce -5.5%
FBTC Fidelity Wise Origin Bitcoin 4.93% 2,188,727 $218.5M No change
IBIT iShares Bitcoin Trust ETF 4.83% 3,292,068 $214.0M Reduce -26.6%
SHC Sotera Health Co. 4.73% 13,341,800 $209.9M Add +16.0%
GMED Globus Medical Inc. Class A 4.52% 3,500,000 $200.4M Add +26.8%
LYV Live Nation Entertainment Inc. 3.68% 1,000,000 $163.4M Add +38.6%
NSC Norfolk Southern Corp. 3.44% 508,000 $152.6M Add +1202.6%
AMZN Amazon.com Inc. 3.11% 628,411 $138.0M Add +82.5%
SGI Somnigroup International Inc. 2.63% 1,382,000 $116.5M Reduce -7.9%
LLYVA Liberty Media Corp.-Liberty-A 2.34% 1,100,000 $103.7M No change
CYBR Cyberark Software Ltd./Israel 2.26% 207,000 $100.0M New
BRKR Bruker Corp. 2.25% 3,074,801 $99.9M No change
LLYVK Liberty Media Corp.-Liberty-C 2.16% 988,500 $95.9M Add +21.1%
GOOGL Alphabet Inc. Class A 2.04% 372,000 $90.4M New
HLN Haleon PLC-ADR 2.01% 9,949,868 $89.3M No change
GWRE Guidewire Software Inc. 1.98% 382,000 $87.8M Add +97.5%
FHN First Horizon Corp. 1.95% 3,821,000 $86.4M Reduce -15.1%
VIK Viking Holdings Ltd. 1.66% 1,182,000 $73.5M Reduce -22.1%
META Meta Platforms Inc. Class A 1.65% 99,600 $73.1M Reduce -20.0%
PK Park Hotels & Resorts Inc. 1.63% 6,534,153 $72.4M No change
VVV Valvoline Inc. 1.62% 2,000,000 $71.8M Reduce -33.3%
FWONA Liberty Media Corp. Class A 1.61% 750,000 $71.4M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.51% 1,300,655 $67.1M Add +18.0%
HWM Howmet Aerospace Inc. 1.49% 336,500 $66.0M Add +9.1%
EA Electronic Arts Inc. 1.47% 323,000 $65.1M New
NVDA Nvidia Corp. 1.46% 347,000 $64.7M No change
FCNCA First Citizens Bcshs Class A 1.45% 36,043 $64.5M Reduce -13.1%
JPM JPMorgan Chase & Co. 1.39% 195,800 $61.8M Reduce -14.2%
SPR Spirit Aerosystems Hold Class A 1.35% 1,549,000 $59.8M Add +15.8%
CSX CSX Corp. 1.26% 1,571,000 $55.8M Add +410.1%
GEV GE Vernova Inc. 1.20% 86,500 $53.2M Reduce -0.1%
TSM Taiwan Semiconductor-SP ADR 1.04% 164,500 $45.9M New
SNOW Snowflake Inc. 1.02% 200,000 $45.1M No change
ECHO Echostar Corp. Class A 0.99% 574,946 $43.9M Add +586.6%
AER Aercap Holdings NV 0.97% 357,000 $43.2M New
MSFT Microsoft Corp. 0.82% 70,000 $36.3M New
BITB Bitwise Bitcoin ETF 0.77% 551,278 $34.3M Add +50.1%
K Kellanova 0.71% 383,000 $31.4M No change
OKLO Oklo Inc. 0.53% 210,700 $23.5M Reduce -0.1%
CLM Cornerstone Strategic Invest 0.53% 2,812,450 $23.3M Add +5.5%
CDNS Cadence Design SYS Inc. 0.48% 61,100 $21.5M Reduce -50.8%
BCAR D. Boral Arc Acquisit Class A 0.48% 2,134,886 $21.2M New
CRF Cornerstone Total Return 0.47% 2,574,825 $20.7M Add +5.4%
RIVN Rivian Automotive Inc. Class A 0.46% 1,389,800 $20.4M No change
KVUE Kenvue Inc. 0.42% 1,147,000 $18.6M New
IREN Iren Ltd. filed as IREN LIMITED 0.38% 360,649 $16.9M New
AVGO Broadcom Inc. 0.37% 50,000 $16.5M New
GTEN Gores Holdings X Inc. Class A 0.35% 1,500,000 $15.3M Reduce -14.3%
BCSS.U Bain Capital GSS Investment 0.34% 1,500,000 $15.1M New
CLDT Chatham Lodging Trust 0.32% 2,137,895 $14.3M No change
FIG Figma Inc. Class A 0.29% 250,000 $13.0M New
SDHI Siddhi Acquisition Corp. Class A 0.29% 1,246,984 $12.7M Reduce -16.9%
SBXDF Silverbox Corp. IV-A 0.28% 1,174,354 $12.3M Reduce -2.1%
QBTS D-Wave Quantum Inc. 0.26% 473,800 $11.7M Reduce -15.2%
MIR Mirion Technologies Inc. 0.26% 500,000 $11.6M New
TMS Teamshares Inc. filed as LIVE OAK ACQUISITION CORP V 0.25% 1,100,000 $11.2M No change
AEXA American Exceptionalism Class A 0.25% 1,000,000 $10.9M New
AACB Artius II Acquisition Inc. Class A 0.23% 1,000,000 $10.2M Reduce -28.6%
RGTI Rigetti Computing Inc. 0.21% 319,600 $9.5M Reduce -9.9%
AEHR Aehr Test Systems 0.20% 300,000 $9.0M No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.19% 98,710 $8.6M New
LGN Legence Corp. Class A 0.19% 270,705 $8.3M New
SOUN Soundhound AI Inc. Class A 0.18% 510,100 $8.2M No change
IPCX Inflection Point Acquisiti-A 0.18% 775,000 $7.8M Reduce -6.1%
HVMCU Highview Merger Corp. 0.17% 750,000 $7.6M New
ATII Archimedes Tech Spac Partner 0.17% 740,000 $7.6M Reduce -43.1%
DMIIU Drugs Made in America Acquis 0.17% 750,763 $7.5M New
AMLP Alerian MLP ETF 0.17% 157,412 $7.4M New
OBA Oxley Bridge Acquisitio Class A 0.16% 718,000 $7.2M Reduce -10.5%
SMMT Summit Therapeutics Inc. 0.16% 333,500 $6.9M New
MCHB Mechanics Bancorp Class A 0.15% 512,727 $6.8M No change
NTSK Netskope Inc. Class A 0.15% 300,000 $6.8M New
TEM Tempus AI Inc. Class A 0.15% 84,000 $6.8M Reduce -55.0%
PMTR Perimeter Acquis Corp. I Class A 0.15% 660,249 $6.7M Add +32.0%
WBI Waterbridge Infrastruc Class A 0.13% 235,000 $5.9M New
KLAR Klarna Group PLC 0.12% 150,000 $5.5M New
CCIX Churchill Capital Corp. Ix 0.12% 511,513 $5.4M Add +2.3%
KOYN CSLM Digital Asset Acqu - A 0.12% 537,122 $5.3M New
JD.COM INC (JD 0.25 06/01/29) 0.12% 350 $5.3M No change
OACC Oaktree Acquisition Corp. I-A 0.12% 500,000 $5.3M No change
AMAT Applied Materials Inc. 0.12% 25,000 $5.1M New
EVAC Eqv Ventures Acquisition C-A 0.11% 503,799 $5.0M New
INFQ Infleqtion Inc. filed as CHURCHILL CAP CORP X 0.10% 360,704 $4.6M New
FRNM Freenome Inc. filed as PERCEPTIVE CAP SOLUTIONS COR 0.10% 415,090 $4.4M No change
INFY Infosys Ltd.-SP ADR 0.10% 269,900 $4.4M New
ODD Oddity Tech Ltd. Class A 0.10% 69,400 $4.3M Reduce -3.9%
PAII Pyrophyte Acquisition Corp. Class A 0.09% 400,000 $4.0M New
CVLT Commvault Systems Inc. 0.09% 20,100 $3.8M New
SMR Nuscale Power Corp. 0.08% 101,000 $3.6M No change
AIRS Airsculpt Technologies Inc. 0.08% 442,500 $3.5M Add +1721.0%
FTW Eqv Ventures Acquisition C-A 0.07% 283,170 $2.9M Reduce -2.3%
WOLF Wolfspeed Inc. 0.07% 100,800 $2.9M New
VG Venture Global Inc. Class A 0.06% 200,000 $2.8M New
HIMS Hims & Hers Health Inc. 0.06% 50,000 $2.8M No change
FOX Fox Corp. Class B 0.06% 47,821 $2.7M New
VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP 0.06% 250,000 $2.6M New
DAAQ Digital Asset Acquisiti Class A 0.06% 250,000 $2.5M Reduce -16.7%
RAAQ Real Asset Acquisiti Class A 0.06% 250,000 $2.5M Reduce -50.0%
WENN Wen Acquisition Corp. Class A 0.06% 250,000 $2.5M Reduce -37.5%
BDCIU BTC Development Corp. 0.06% 250,000 $2.5M New

Show all 135 holdings

Options reported separately and not counted above: BE puts ($93.1M), RIVN puts ($77.9M), SMCI puts ($74.4M), MSTR puts ($62.1M), LI puts ($61.1M), BABA puts ($59.9M), NBIS puts ($56.5M), WOLF puts ($54.7M), SOFI puts ($39.6M), COIN puts ($38.4M), SE puts ($31.7M), AAL puts ($28.8M), and 90 more.

Other holdings (132): bonds, preferreds, convertibles and warrants · $2.8B (not counted above)
SecurityClassShares / PrincipalValueChange
STRATEGY INC (MSTR 0.625 09/15/28) NOTE 0.625% 9/1 · principal 125,000,000$236.6MNew
SEA LTD (SEALTD 2.375 12/01/25) NOTE 2.375%12/0 · principal 100,000,000$197.5MReduce -4.8%
WESTERN DIGITAL CORP (WDC 3 11/15/28) NOTE 3.000%11/1 · principal 45,000,000$144.1MAdd +157.1%
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal 79,500,000$133.9MNew
LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) NOTE 1.500%12/1 · principal 52,500,000$127.0MAdd +90.9%
RIVIAN AUTO INC (RIVN 3.625 10/15/30) NOTE 3.625%10/1 · principal 125,000,000$115.1MReduce -8.4%
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal 37,500,000$107.5MReduce -44.4%
BLOOM ENERGY CORP (BE 3 06/01/29) NOTE 3.000% 6/0 · principal 24,500,000$101.7MReduce -18.3%
ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) NOTE 0.500% 6/0 · principal 45,000,000$82.7MReduce -77.2%
PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) NOTE 1.750%12/0 · principal 50,595,000$82.5MAdd +133.2%
SNOWFLAKE INC (SNOW 0 10/01/29) NOTE 10/0 · principal 47,500,000$74.4MNew
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal 70,000,000$71.0MReduce -17.6%
STRATEGY INC (MSTR 0.625 03/15/30) NOTE 0.625% 3/1 · principal 31,000,000$69.5MAdd +12.7%
LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) NOTE 0.500% 6/1 · principal 47,500,000$66.4MNew
PEABODY ENERGY CORP (BTU 3.25 03/01/28) NOTE 3.250% 3/0 · principal 42,500,000$63.9MNew
COINBASE GLOBAL INC (COIN 0.5 06/01/26) NOTE 0.500% 6/0 · principal 57,500,000$63.8MAdd +15.0%
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) NOTE 2.875% 3/1 · principal 54,967,000$62.8MNo change
SNOWFLAKE INC (SNOW 0 10/01/27) NOTE 10/0 · principal 40,000,000$60.8MNew
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal 57,500,000$58.2MAdd +228.6%
SEMTECH CORP (SMTC 1.625 11/01/27) NOTE 1.625%11/0 · principal 27,500,000$55.0MAdd +243.8%
CORZW Core Scientific Inc. - 27 *W EXP 01/23/202 4,413,497$51.0MAdd +14.2%
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 646,298$45.4MReduce -49.9%
LI AUTO INC (LI 0.25 05/01/28) NOTE 0.250% 5/0 · principal 37,500,000$43.0MReduce -6.3%
JD.COM INC (JD 0.25 06/01/29) NOTE 0.250% 6/0 · principal 37,900,000$40.8MReduce -28.4%
TXNM ENERGY INC (TXNM 5.75 06/01/54) NOTE 5.750% 6/0 · principal 30,000,000$39.2MNo change
SOUTHERN CO (SO 4.5 06/15/27) NOTE 4.500% 6/1 · principal 35,000,000$39.0MReduce -12.5%
TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) NOTE 0.750% 6/1 · principal 30,000,000$38.3MAdd +20.0%
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal 40,000,000$36.5MAdd +33.3%
PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) NOTE 2.750% 5/1 · principal 32,546,000$33.6MNo change
TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) NOTE 1.500% 6/0 · principal 23,500,000$33.1MAdd +104.3%
SPIRIT AEROSYSTEMS INC (SPR 3.25 11/01/28) NOTE 3.250%11/0 · principal 20,288,000$30.1MAdd +54.0%
HERTZ CORP/THE (HTZ 8 07/15/29) NOTE 8.000% 7/1 · principal 18,810,065$26.4MAdd +10.5%
AFFIRM HOLDINGS INC (AFRM 0 11/15/26) NOTE 11/1 · principal 27,500,000$26.2MAdd +9.6%
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal 25,000,000$25.3MReduce -63.8%
UNITI GROUP INC (UNIT 7.5 12/01/27) NOTE 7.500%12/0 · principal 22,011,000$23.8MNew
SABRE GLBL INC (SABHLD 7.32 08/01/26) NOTE 7.320% 8/0 · principal 22,120,000$22.4MAdd +1.0%
JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) NOTE 2.500% 9/0 · principal 20,000,000$20.7MNew
NIO INC (NIO 4.625 10/15/30) NOTE 4.625%10/1 · principal 19,000,000$20.0MReduce -13.6%
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal 13,500,000$18.7MNew
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) NOTE 2.250% 8/1 · principal 13,700,000$18.2MNew
BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) UNIT 02/01/2027 178,150$18.0MReduce -36.2%
DAYFORCE INC (DAY 0.25 03/15/26) NOTE 0.250% 3/1 · principal 17,500,000$17.1MAdd +400.0%
H WORLD GROUP LTD (HTHT 3 05/01/26) NOTE 3.000% 5/0 · principal 15,000,000$16.7MNew
STRATEGY INC (MSTR 0.875 03/15/31) NOTE 0.875% 3/1 · principal 10,000,000$15.8MAdd +33.3%
CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) NOTE 2.375%12/1 · principal 10,037,000$14.6MNew
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD 288,260$14.3MNew
IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) NOTE 1.500% 9/0 · principal 8,500,000$11.7MNew
BRUKER CORP (BRKR 6.375 09/01/28) 6.375 PREF SER A 37,554$10.2MNew
PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) NOTE 1.500%10/1 · principal 10,000,000$9.7MNew
AMC GLOBAL MEDIA INC (AMCX 4.25 02/15/29 *) NOTE 4.250% 2/1 · principal 9,700,000$9.3MNo change
XEROX HOLDINGS CORP (XRX 3.75 03/15/30) NOTE 3.750% 3/1 · principal 20,000,000$9.2MAdd +36.3%
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 126,649$8.8MReduce -16.8%
TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) NOTE 1.500% 3/1 · principal 9,800,000$8.6MNo change
AIRBNB INC (ABNB 0 03/15/26) NOTE 3/1 · principal 8,558,000$8.4MReduce -65.8%
NCL CORPORATION LTD (NCLH 1.125 02/15/27) NOTE 1.125% 2/1 · principal 7,500,000$7.7MReduce -80.6%
PDD HOLDINGS INC (PDD 0 12/01/25) NOTE 12/0 · principal 7,500,000$7.4MNew
MARA HOLDINGS INC (MARA 2.125 09/01/31) NOTE 2.125% 9/0 · principal 5,000,000$6.1MNew
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A 115,545$4.6MReduce -72.0%
SUNRUN INC (RUN 4 03/01/30) NOTE 4.000% 3/0 · principal 2,500,000$3.4MReduce -50.0%
OPKO HEALTH INC (OPK 3.75 01/15/29) NOTE 3.750% 1/1 · principal 2,000,000$3.1MNo change
BEYOND MEAT INC (BYND 0 03/15/27) NOTE 3/1 · principal 10,000,000$2.0MReduce -73.3%
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal 1,500,000$1.6MNo change
NCL CORPORATION LTD (NCLH 2.5 02/15/27) NOTE 2.500% 2/1 · principal 1,158,000$1.2MReduce -96.1%
NIO INC (NIO 3.875 10/15/29) NOTE 3.875%10/1 · principal 1,000,000$1.1MReduce -80.0%
HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 264,875$981KAdd +411.5%
BULLW Webull Corp.-30 *W EXP 04/10/203 119,522$723KNo change
AACBR Artius II Acquisition Inc. RIGHT 11/27/2029 1,980,000$455KNo change
INFQ.WS Churchill Capital Corp. X *W EXP 05/14/203 124,119$439KReduce -72.4%
PEW.WS Grabagun Digital Holdings Inc. *W EXP 99/99/999 301,718$386KNew
KDKRW Ares Acquisition Corp. II-28 *W EXP 09/25/203 343,695$366KNew
SDHIR Siddhi Acquisition Corp. RIGHT 09/15/2029 1,648,895$363KReduce -5.8%
CCIXW Churchill Capital Corp. I-29 *W EXP 03/31/203 458,303$362KReduce -7.3%
IPCXR Inflection Point Acquisition RIGHT 04/25/2030 813,900$358KReduce -1.4%
ADSEW ADS-Tec Energy PLC-WRNT *W EXP 99/99/999 227,700$255KReduce -11.1%
JENA ACQUISITION CORP II-RTS RIGHT 03/31/2030 1,260,700$252KAdd +40.1%
SHMDW Schmid Group NV -28 *W EXP 04/30/202 851,051$230KReduce -1.0%
GTENW Gores Holdings X Inc.-31 *W EXP 05/02/203 275,000$223KReduce -37.1%
SBXWF Silverbox Corp. IV-A- 29 *W EXP 08/19/202 469,900$195KReduce -1.1%
FLDDW Fold Holdings Inc. -23 *W EXP 02/14/203 334,100$169KReduce -3.2%
BZAIW Burtech Acquisition -CW23 *W EXP 01/13/203 250,000$154KReduce -28.6%
KFIIR K&F Growth Acquisition Corp. RIGHT 08/29/2031 1,035,200$145KNo change
TMSWW Live Oak Acquisition Co.-CW29 *W EXP 99/99/999 250,000$121KNo change
BEAGR Bold Eagle Acquisition Corp. RIGHT 10/11/2029 443,983$120KAdd +10.2%
RAAQW REAL ASSET AQC Corp -30 *W EXP 04/24/203 273,800$116KReduce -21.8%
KOYNW CSLM Digital Asset Acquisiti *W EXP 08/28/203 268,561$107KNew
GCTS.WS Concord Acq Class A -CW28 *W EXP 03/01/202 493,000$95KNo change
SPWRW Sunpower Inc.-CW27 *W EXP 07/31/202 290,855$82KReduce -17.4%
ANNAW Aleanna Inc. Class A - 29 *W EXP 12/13/202 382,000$82KReduce -2.8%
NETDW Nabors Energy Transiti-CW *W EXP 09/01/202 350,000$81KNo change
CCAQW Dune Acquisition Corp. II -30 *W EXP 04/04/203 369,700$79KReduce -1.4%
PAII.WS Pyrophyte Acquisition Corp. I *W EXP 07/30/203 200,000$70KNew
NPWR.WS Rice Acquisition Corp. II-CW *W EXP 06/08/202 85,472$65KReduce -15.6%
LOTWW Lotus Technology Inc.-28 *W EXP 02/22/202 806,844$62KNo change
OBAWW Oxley Bridge Acq Ltd. -30 *W EXP 06/17/203 330,300$60KReduce -17.6%
FERAR Fifth Era Acquisition Corp. I RIGHT 02/21/2030 210,600$56KNo change
CNCKW Coincheck Group NV *W EXP 12/11/202 76,444$54KReduce -8.4%
RVMDW Revolution Medicines Inc.-28 *W EXP 12/17/202 178,107$50KNo change
BDMDW Baird Medical Investment -28 *W EXP 10/01/202 700,000$50KNo change
DAICW Cid Holdco Inc. -26 *W EXP 12/31/202 324,300$49KReduce -0.2%
OABIW Omniab Inc. - CW26 *W EXP 99/99/999 293,802$42KReduce -13.4%
EVAC.WS Eqv Ventures Acquisition Cor *W EXP 06/30/203 169,633$42KNew
OACCW Oaktree Acquisition III -31 *W EXP 09/01/203 50,000$41KNo change
COHEN & STEERS INFRASTRU RIGHT 10/16/2025 484,312$38KNew
POLEW Andretti Acquisition Corp.-29 *W EXP 06/01/203 135,507$32KReduce -9.7%
PACHW Pioneer Acquisition I Corp. *W EXP 06/16/203 150,000$32KReduce -40.0%
LZM.WS Lifezone Metals Ltd. -28 *W EXP 07/05/202 52,385$30KReduce -65.1%
BGLWW Blue Gold Ltd. *W EXP 04/01/203 49,900$24KReduce -66.7%
ABVWF Above Food Ingredients- 29 *W EXP 06/28/202 83,500$22KReduce -4.1%
SPKWF Spark I Acquisition Corp.-28 *W EXP 10/01/203 40,000$21KNo change
ZEOWW Esgen Acquisition A -CW23 *W EXP 03/13/202 372,739$19KNo change
AERTW Aeries Technology Inc. -CW23 *W EXP 11/06/202 474,600$18KNo change
SCAGW Scage Future -30 *W EXP 05/15/203 299,999$15KNo change
MLKWF Waldencast Acq Class A -CW27 *W EXP 07/27/202 377,358$15KNo change
ASBPW Aspire Biopharma Holdin-CW27 *W EXP 02/14/203 500,000$14KNo change
NVNWF Nvni Group Ltd.-28 *W EXP 11/01/202 144,400$13KNo change
CCGWW Cheche Group Inc. - 28 *W EXP 10/01/203 344,400$12KNo change
GDEV INC *W EXP 99/99/999 425,000$12KNo change
BSLKW Golden Arrow Merger A -CW26 *W EXP 08/13/202 250,000$10KNo change
ALVOW Alvotech SA -27 *W EXP 99/99/999 6,543$10KReduce -86.8%
BAERW Wildfire New Pubco Inc.-27 *W EXP 01/24/202 96,000$8KNo change
CLEARBRIDGE ENERGY MI-RT RIGHT 10/10/2025 372,001$7KNew
COCHW Envoy Medical Inc.-CW27 *W EXP 09/29/202 182,142$7KNo change
MRNOW Murano Global BV-28 *W EXP 03/19/202 49,672$7KNo change
TVGNW Semper Paratus Acqu -CW26 *W EXP 02/14/202 123,600$7KNo change
GGROW Gogoro Inc. -CW27 *W EXP 04/04/202 227,540$5KNo change
BNAIW Brand Engagement Netwo -CW27 *W EXP 03/14/202 273,142$4KNo change
ECD AUTOMOTIVE DESIGN INC *W EXP 12/12/202 177,800$3KNo change
JACKSON ACQUISITION CO II RIGHT 99/99/9999 11,800$3KNew
ECXWW Ecarx Holdings Inc. Class A-27 *W EXP 99/99/999 50,000$3KNo change
PERFF Perfect Corp. *W EXP 10/28/202 76,200$2KNo change
ABPWW Atlantic Coast Acq -CW23 *W EXP 11/12/202 34,101$931No change
RIVERNORTH OPPORTUNI-RT RIGHT 10/06/2025 49,665$402New

Total filed on the 13F, all lines: $7.3B.

Portfolio Sells Q2 2025 → Q3 2025
FWONK Liberty Media Corp. Class C Reduce -5.5% 11.13% −2.45
IBIT iShares Bitcoin Trust ETF Reduce -26.6% 4.83% −2.31
TMUS T-Mobile US Inc. Sold out 0.00% −1.55
GMS GMS Inc. Sold out 0.00% −1.41
VVV Valvoline Inc. Reduce -33.3% 1.62% −1.33
DKNG Draftkings Inc. Class A Sold out 0.00% −0.88
SKX Skechers USA Inc. Class A Sold out 0.00% −0.80
META Meta Platforms Inc. Class A Reduce -20.0% 1.65% −0.74
FCNCA First Citizens Bcshs Class A Reduce -13.1% 1.45% −0.65
ARES ACQUISITION CORP II Sold out 0.00% −0.59
PRMB Primo Brands Corp. Sold out 0.00% −0.54
FHN First Horizon Corp. Reduce -15.1% 1.95% −0.53
CDNS Cadence Design SYS Inc. Reduce -50.8% 0.48% −0.51
BRO Brown & Brown Inc. Sold out 0.00% −0.46
VIK Viking Holdings Ltd. Reduce -22.1% 1.66% −0.45
HST Host Hotels & Resorts Inc. Sold out 0.00% −0.38
JPM JPMorgan Chase & Co. Reduce -14.2% 1.39% −0.33
KFII K&F Growth Acquisition Cor-A Sold out 0.00% −0.26
UNP Union Pacific Corp. Sold out 0.00% −0.26
OS Onestream Inc. Sold out 0.00% −0.26
BIRK Birkenstock Holding PLC Sold out 0.00% −0.26
JENA.U Jena Acquisition Corp. II Sold out 0.00% −0.24
VRT Vertiv Holdings Co. Class A Sold out 0.00% −0.24
BBOT Bridgebio Oncology Therapeut Sold out 0.00% −0.22
QXO Qxo Inc. Sold out 0.00% −0.20
TTAN Servicetitan Inc. Class A Sold out 0.00% −0.20
JACS Jackson Acquisition Co. Class A Sold out 0.00% −0.19
ATII Archimedes Tech Spac Partner Reduce -43.1% 0.17% −0.18
DRDB Roman DBDR Acquisition Corp. Sold out 0.00% −0.17
SARO Standardaero Inc. Sold out 0.00% −0.16
TEM Tempus AI Inc. Class A Reduce -55.0% 0.15% −0.16
MKSI MKS Inc. Sold out 0.00% −0.15
ASTS Ast Spacemobile Inc. Sold out 0.00% −0.14
AACB Artius II Acquisition Inc. Class A Reduce -28.6% 0.23% −0.14
TSCO Tractor Supply Company Sold out 0.00% −0.13
CCAQ Collective Acquisition Corp. Sold out 0.00% −0.13
PACHU Pioneer Acquisition I Corp. Sold out 0.00% −0.13
LTBR Lightbridge Corp. Sold out 0.00% −0.12
GTEN Gores Holdings X Inc. Class A Reduce -14.3% 0.35% −0.12
SDHI Siddhi Acquisition Corp. Class A Reduce -16.9% 0.29% −0.11
COLOMBIER ACQUISITION CORP Sold out 0.00% −0.11
LILAK Liberty Latin Americ Class C Sold out 0.00% −0.09
IPEX Inflection Point Acquisition Sold out 0.00% −0.09
GLXY Galaxy Digital Inc. Class A Sold out 0.00% −0.09
POLE Andretti Acquisition Corp. Class A Sold out 0.00% −0.08
RAAQ Real Asset Acquisiti Class A Reduce -50.0% 0.06% −0.07
NETD Nabors Energy Transition C-A Sold out 0.00% −0.07
SOC Sable Offshore Corp. Sold out 0.00% −0.07
AFRM Affirm Holdings Inc. Sold out 0.00% −0.07
SBXDF Silverbox Corp. IV-A Reduce -2.1% 0.28% −0.06

Portfolio Buys Q2 2025 → Q3 2025
NSC Norfolk Southern Corp. Add +1202.6% 3.44% +3.18
CYBR Cyberark Software Ltd./Israel New 2.26% +2.26
GOOGL Alphabet Inc. Class A New 2.04% +2.04
EA Electronic Arts Inc. New 1.47% +1.47
SHC Sotera Health Co. Add +16.0% 4.73% +1.41
AMZN Amazon.com Inc. Add +82.5% 3.11% +1.15
TSM Taiwan Semiconductor-SP ADR New 1.04% +1.04
CSX CSX Corp. Add +410.1% 1.26% +1.00
AER Aercap Holdings NV New 0.97% +0.97
ECHO Echostar Corp. Class A Add +586.6% 0.99% +0.93
LYV Live Nation Entertainment Inc. Add +38.6% 3.68% +0.85
MSFT Microsoft Corp. New 0.82% +0.82
GWRE Guidewire Software Inc. Add +97.5% 1.98% +0.80
BCAR D. Boral Arc Acquisit Class A New 0.48% +0.48
LLYVK Liberty Media Corp.-Liberty-C Add +21.1% 2.16% +0.44
KVUE Kenvue Inc. New 0.42% +0.42
IREN Iren Ltd. New 0.38% +0.38
AVGO Broadcom Inc. New 0.37% +0.37
BCSS.U Bain Capital GSS Investment New 0.34% +0.34
FIG Figma Inc. Class A New 0.29% +0.29
GMED Globus Medical Inc. Class A Add +26.8% 4.52% +0.28
MIR Mirion Technologies Inc. New 0.26% +0.26
AEXA American Exceptionalism Class A New 0.25% +0.25
BITB Bitwise Bitcoin ETF Add +50.1% 0.77% +0.21
XLU St Sr Utl SL SE SPDR ETF-Usd New 0.19% +0.19
LGN Legence Corp. Class A New 0.19% +0.19
HVMCU Highview Merger Corp. New 0.17% +0.17
DMIIU Drugs Made in America Acquis New 0.17% +0.17
AMLP Alerian MLP ETF New 0.17% +0.17
BAC Bank of America Corp. Add +18.0% 1.51% +0.16
SMMT Summit Therapeutics Inc. New 0.16% +0.16
NTSK Netskope Inc. Class A New 0.15% +0.15
WBI Waterbridge Infrastruc Class A New 0.13% +0.13
KLAR Klarna Group PLC New 0.12% +0.12
KOYN CSLM Digital Asset Acqu - A New 0.12% +0.12
AMAT Applied Materials Inc. New 0.12% +0.12
EVAC Eqv Ventures Acquisition C-A New 0.11% +0.11
INFQ Infleqtion Inc. New 0.10% +0.10
INFY Infosys Ltd.-SP ADR New 0.10% +0.10
PAII Pyrophyte Acquisition Corp. Class A New 0.09% +0.09
CVLT Commvault Systems Inc. New 0.09% +0.09
AIRS Airsculpt Technologies Inc. Add +1721.0% 0.08% +0.08
WOLF Wolfspeed Inc. New 0.07% +0.07
VG Venture Global Inc. Class A New 0.06% +0.06
FOX Fox Corp. Class B New 0.06% +0.06
VLOS Velos Acquisition I Corp. New 0.06% +0.06
BDCIU BTC Development Corp. New 0.06% +0.06
BLSH Bullish New 0.05% +0.05
VISN Vistance Networks Inc. New 0.03% +0.03
BBAI Bigbear.ai Holdings Inc. Add +451.5% 0.04% +0.03

Options Activity Q2 2025 → Q3 2025
BE Bloom Energy Corp. Class A put Add +1.9% 1,101,100 $93.1M
RIVN Rivian Automotive Inc. Class A put Add +7.0% 5,308,900 $77.9M
SMCI Super Micro Computer Inc. put Add +2.7% 1,551,500 $74.4M
MSTR Strategy Inc. put Add +10.1% 192,700 $62.1M
LI Li Auto Inc. - ADR put Add +0.5% 2,411,000 $61.1M
NEE Nextera Energy Inc. call Sold out 820,100 $56.9Mbefore exit
NBIS Nebius Group NV put Add +26.5% 503,300 $56.5M
WOLF Wolfspeed Inc. put Add +242.6% 1,912,400 $54.7M
SOFI Sofi Technologies Inc. put Add +0.6% 1,498,800 $39.6M
COIN Coinbase Global Inc. Class A put Add +6.8% 113,800 $38.4M
AAL American Airlines Group Inc. put Reduce -23.4% 2,559,700 $28.8M
GME Gamestop Corp. Class A put Add +85.9% 1,013,500 $27.6M
BILI Bilibili Inc.-Sponsored ADR put Add +40.4% 962,800 $27.0M
SPY SS SPDR S&P 500 ETF Trust-US put New 37,500 $25.0M
OKLO Oklo Inc. put Reduce -7.9% 210,800 $23.5M
TMUS T-Mobile US Inc. put Sold out 75,000 $17.9Mbefore exit
NCLH Norwegian Cruise Line Holdin put Reduce -29.1% 669,600 $16.5M
MARA Mara Holdings Inc. put Add +8.7% 869,300 $15.9M
MP MP Materials Corp. put Add +1266.5% 207,700 $13.9M
CAMT Camtek Ltd. put New 131,800 $13.8M
HIMS Hims & Hers Health Inc. put Add +47.1% 237,500 $13.5M
QBTS D-Wave Quantum Inc. put Reduce -14.9% 484,100 $12.0M
DJT Trump Media & Technology Gro put Add +1762.3% 726,300 $11.9M
FIG Figma Inc. Class A put New 220,000 $11.4M
TSM Taiwan Semiconductor-SP ADR call Sold out 49,900 $11.3Mbefore exit
LYV Live Nation Entertainment Inc. put Add +24.3% 66,600 $10.9M
CRWV Coreweave Inc. Class A call Sold out 65,000 $10.6Mbefore exit
RGTI Rigetti Computing Inc. put Reduce -47.3% 319,900 $9.5M
NVAX Novavax Inc. put Add +5.6% 875,600 $7.6M
NIO Nio Inc. - ADR put Add +0.3% 960,800 $7.3M
GRAB Grab Holdings Ltd. Class A put New 1,175,700 $7.1M
OKLO Oklo Inc. call Sold out 125,000 $7.0Mbefore exit
SMMT Summit Therapeutics Inc. put New 333,500 $6.9M
TEM Tempus AI Inc. Class A put Reduce -55.0% 84,100 $6.8M
AMC AMC Entertainment HLDS Class A put Add +230.6% 2,249,900 $6.5M
CRWV Coreweave Inc. Class A put Reduce -34.9% 46,700 $6.4M
HTHT H World Group Ltd.-ADR put New 160,000 $6.3M
F Ford Motor Co. put New 500,000 $6.0M
LCID Lucid Group Inc. put New 212,700 $5.1M
LTBR Lightbridge Corp. put Sold out 355,500 $4.8Mbefore exit
JBLU Jetblue Airways Corp. put Add +935.3% 960,800 $4.7M
INFY Infosys Ltd.-SP ADR put New 268,900 $4.4M
RGTI Rigetti Computing Inc. call Sold out 350,000 $4.2Mbefore exit
AIRS Airsculpt Technologies Inc. put Add +1721.0% 442,500 $3.5M
INFY Infosys Ltd.-SP ADR call New 194,000 $3.2M
FIG Figma Inc. Class A call New 50,000 $2.6M
W Wayfair Inc. Class A put Add +5.6% 28,200 $2.5M
ASTS Ast Spacemobile Inc. put Reduce -58.7% 47,400 $2.3M
CLSK Cleanspark Inc. put Sold out 200,000 $2.2Mbefore exit
BLSH Bullish put New 33,600 $2.1M

Showing the first 50 of 79.

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

Notes & Other Activity Q2 2025 → Q3 2025
STRATEGY INC (MSTR 0.625 09/15/28) NOTE 0.625% 9/1 · principal New 125,000,000 $236.6M
SEA LTD (SEALTD 2.375 12/01/25) NOTE 2.375%12/0 · principal Reduce -4.8% 100,000,000 $197.5M
WESTERN DIGITAL CORP (WDC 3 11/15/28) NOTE 3.000%11/1 · principal Add +157.1% 45,000,000 $144.1M
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal New 79,500,000 $133.9M
LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) NOTE 1.500%12/1 · principal Add +90.9% 52,500,000 $127.0M
RIVIAN AUTO INC (RIVN 3.625 10/15/30) NOTE 3.625%10/1 · principal Reduce -8.4% 125,000,000 $115.1M
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal Reduce -44.4% 37,500,000 $107.5M
BLOOM ENERGY CORP (BE 3 06/01/29) NOTE 3.000% 6/0 · principal Reduce -18.3% 24,500,000 $101.7M
ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) NOTE 0.500% 6/0 · principal Reduce -77.2% 45,000,000 $82.7M
PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) NOTE 1.750%12/0 · principal Add +133.2% 50,595,000 $82.5M
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 Sold out 2,017,853 $80.2Mbefore exit
SNOWFLAKE INC (SNOW 0 10/01/29) NOTE 10/0 · principal New 47,500,000 $74.4M
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal Reduce -17.6% 70,000,000 $71.0M
STRATEGY INC (MSTR 0.625 03/15/30) NOTE 0.625% 3/1 · principal Add +12.7% 31,000,000 $69.5M
LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) NOTE 0.500% 6/1 · principal New 47,500,000 $66.4M
PEABODY ENERGY CORP (BTU 3.25 03/01/28) NOTE 3.250% 3/0 · principal New 42,500,000 $63.9M
COINBASE GLOBAL INC (COIN 0.5 06/01/26) NOTE 0.500% 6/0 · principal Add +15.0% 57,500,000 $63.8M
SNOWFLAKE INC (SNOW 0 10/01/27) NOTE 10/0 · principal New 40,000,000 $60.8M
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal Add +228.6% 57,500,000 $58.2M
SEMTECH CORP (SMTC 1.625 11/01/27) NOTE 1.625%11/0 · principal Add +243.8% 27,500,000 $55.0M
CORZW Core Scientific Inc. - 27 *W EXP 01/23/202 Add +14.2% 4,413,497 $51.0M
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV Reduce -49.9% 646,298 $45.4M
LI AUTO INC (LI 0.25 05/01/28) NOTE 0.250% 5/0 · principal Reduce -6.3% 37,500,000 $43.0M
JD.COM INC (JD 0.25 06/01/29) NOTE 0.250% 6/0 · principal Reduce -28.4% 37,900,000 $40.8M
SOUTHERN CO (SO 4.5 06/15/27) NOTE 4.500% 6/1 · principal Reduce -12.5% 35,000,000 $39.0M
TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) NOTE 0.750% 6/1 · principal Add +20.0% 30,000,000 $38.3M
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal Add +33.3% 40,000,000 $36.5M
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) NOTE 3.125% 1/1 · principal Sold out 22,500,000 $34.5Mbefore exit
NCL CORPORATION LTD (NCLH 5.375 08/01/25) NOTE 5.375% 8/0 · principal Sold out 30,500,000 $33.9Mbefore exit
TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) NOTE 1.500% 6/0 · principal Add +104.3% 23,500,000 $33.1M
SPIRIT AEROSYSTEMS INC (SPR 3.25 11/01/28) NOTE 3.250%11/0 · principal Add +54.0% 20,288,000 $30.1M
NICE LTD (NICEIT 0 09/15/25) NOTE 9/1 · principal Sold out 30,000,000 $29.6Mbefore exit
BLOOM ENERGY CORP (BE 3 06/01/28) NOTE 3.000% 6/0 · principal Sold out 18,500,000 $27.4Mbefore exit
HERTZ CORP/THE (HTZ 8 07/15/29) NOTE 8.000% 7/1 · principal Add +10.5% 18,810,065 $26.4M
AFFIRM HOLDINGS INC (AFRM 0 11/15/26) NOTE 11/1 · principal Add +9.6% 27,500,000 $26.2M
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal Reduce -63.8% 25,000,000 $25.3M
NEXTERA ENERGY INC (NEE 7.299 06/01/27) UNIT 06/01/2027 Sold out 507,159 $23.9Mbefore exit
UNITI GROUP INC (UNIT 7.5 12/01/27) NOTE 7.500%12/0 · principal New 22,011,000 $23.8M
SABRE GLBL INC (SABHLD 7.32 08/01/26) NOTE 7.320% 8/0 · principal Add +1.0% 22,120,000 $22.4M
DUKE ENERGY CORP (DUK 4.125 04/15/26) NOTE 4.125% 4/1 · principal Sold out 20,000,000 $21.2Mbefore exit
JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) NOTE 2.500% 9/0 · principal New 20,000,000 $20.7M
NIO INC (NIO 4.625 10/15/30) NOTE 4.625%10/1 · principal Reduce -13.6% 19,000,000 $20.0M
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal New 13,500,000 $18.7M
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) NOTE 2.250% 8/1 · principal New 13,700,000 $18.2M
BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) UNIT 02/01/2027 Reduce -36.2% 178,150 $18.0M
EVERGY INC (EVRG 4.5 12/15/27) NOTE 4.500%12/1 · principal Sold out 15,000,000 $17.5Mbefore exit
NOVAVAX INC (NVAX 5 12/15/27) NOTE 5.000%12/1 · principal Sold out 17,500,000 $17.4Mbefore exit
DAYFORCE INC (DAY 0.25 03/15/26) NOTE 0.250% 3/1 · principal Add +400.0% 17,500,000 $17.1M
H WORLD GROUP LTD (HTHT 3 05/01/26) NOTE 3.000% 5/0 · principal New 15,000,000 $16.7M
STRATEGY INC (MSTR 0.875 03/15/31) NOTE 0.875% 3/1 · principal Add +33.3% 10,000,000 $15.8M

Showing the first 50 of 136.

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 152$6.1BTSM, SHC, FWONK, BRKR, AMD
Q1 2026 134$4.2BFWONK, SHC, GMED, KVUE, NSC
Q4 2025 146$4.8BFWONK, SHC, GMED, KVUE, NVDA
Q3 2025 135$4.4BFWONK, FBTC, IBIT, SHC, GMED
Q2 2025Amended 140$3.8BFWONK, IBIT, FBTC, GMED, SHC
Q1 2025Amended 112$2.9BFWONK, FBTC, GMED, IBIT, HLN
Q4 2024 121$4.2BIBIT, FWONK, BA, SPY, STZ
Q3 2024Amended 119$3.2BFWONK, STZ, TLN, IBIT, AMZN
Q2 2024 110$3.2BFWONK, AMZN, STZ, DFS, FHN
Q1 2024 114$3.3BPXD, FWONK, STZ, META, AMZN