Sculptor Capital LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Sculptor Capital LP reported 146 stock positions worth $4.8 billion. Its top holding was Liberty Media Class C (FWONK) at 9.6% of the portfolio, followed by Sotera Health (SHC, 7.6%) and Globus Medical Class A (GMED, 5.4%). Compared with Q3 2025, it opened 51 new positions, sold out of 40, added to 29 and reduced 35. The biggest buy was Kenvue (KVUE, shares +1023%) and the biggest sale an exit from iShares Bitcoin Trust ETF (IBIT).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001054587
- Portfolio Value
- $4.8B (Q4 2025)
- SEC Filing
- 0001193125-26-051460 ↗ filed Feb 13, 2026
Holdings Value
Holdings 146 stocks · $4.8B
| FWONK Liberty Media Corp. Class C | 9.60% | 4,723,855 | $465.3M | No change |
| SHC Sotera Health Co. | 7.65% | 21,000,000 | $370.4M | Add +57.4% |
| GMED Globus Medical Inc. Class A | 5.41% | 3,000,000 | $261.9M | Reduce -14.3% |
| KVUE Kenvue Inc. | 4.59% | 12,886,328 | $222.3M | Add +1023.5% |
| NVDA Nvidia Corp. | 3.26% | 847,000 | $158.0M | Add +144.1% |
| TSLA Tesla Inc. | 3.16% | 340,400 | $153.1M | New |
| EA Electronic Arts Inc. | 3.15% | 748,000 | $152.8M | Add +131.6% |
| NSC Norfolk Southern Corp. | 3.03% | 508,000 | $146.7M | No change |
| LYV Live Nation Entertainment Inc. | 2.94% | 1,000,000 | $142.5M | No change |
| BRKR Bruker Corp. | 2.92% | 3,000,000 | $141.3M | Reduce -2.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.42% | 2,132,655 | $117.3M | Add +64.0% |
| VIK Viking Holdings Ltd. | 2.21% | 1,500,000 | $107.1M | Add +26.9% |
| HLN Haleon PLC-ADR | 2.18% | 10,454,868 | $105.7M | Add +5.1% |
| ECHO Echostar Corp. Class A | 2.13% | 950,700 | $103.3M | Add +65.3% |
| GWRE Guidewire Software Inc. | 2.12% | 510,000 | $102.5M | Add +33.5% |
| GOOGL Alphabet Inc. Class A | 1.94% | 300,000 | $93.9M | Reduce -19.4% |
| AMZN Amazon.com Inc. | 1.91% | 400,000 | $92.3M | Reduce -36.4% |
| LLYVA Liberty Live Holdings Class A | 1.85% | 1,100,000 | $89.7M | No change |
| FWONA Liberty Media Corp. Class A | 1.84% | 1,000,000 | $89.4M | Add +33.3% |
| LLYVK Liberty Live Holdings Class C | 1.70% | 988,500 | $82.2M | No change |
| SGI Somnigroup International Inc. | 1.66% | 900,000 | $80.4M | Reduce -34.9% |
| FCNCA First Citizens Bcshs Class A | 1.60% | 36,043 | $77.4M | No change |
| FHN First Horizon Corp. | 1.55% | 3,145,000 | $75.2M | Reduce -17.7% |
| TSM Taiwan Semiconductor-SP ADR | 1.46% | 233,000 | $70.8M | Add +41.6% |
| PK Park Hotels & Resorts Inc. | 1.41% | 6,534,153 | $68.3M | No change |
| META Meta Platforms Inc. Class A | 1.36% | 100,000 | $66.0M | Add +0.4% |
| CYBR Cyberark Software Ltd./Israel | 1.21% | 131,000 | $58.4M | Reduce -36.7% |
| JPM JPMorgan Chase & Co. | 1.10% | 164,800 | $53.1M | Reduce -15.8% |
| AER Aercap Holdings NV | 1.06% | 357,000 | $51.3M | No change |
| HWM Howmet Aerospace Inc. | 1.04% | 246,000 | $50.4M | Reduce -26.9% |
| SNOW Snowflake Inc. | 1.00% | 221,000 | $48.5M | Add +10.5% |
| WING Wingstop Inc. | 0.98% | 200,000 | $47.7M | New |
| BURL Burlington Stores Inc. | 0.97% | 162,500 | $46.9M | New |
| RNAM Avidity Biosciences Inc. | 0.84% | 566,000 | $40.8M | New |
| TAC Transalta Corp. | 0.78% | 3,000,000 | $38.0M | New |
| PLTR Palantir Technologies Inc. Class A | 0.73% | 200,000 | $35.5M | New |
| ALB Albemarle Corp. | 0.71% | 583,121 | $34.6M | New |
| GEV GE Vernova Inc. | 0.67% | 50,000 | $32.7M | Reduce -42.2% |
| AVGO Broadcom Inc. | 0.67% | 93,500 | $32.4M | Add +87.0% |
| RIVN Rivian Automotive Inc. Class A | 0.57% | 1,389,800 | $27.4M | No change |
| CLM Cornerstone Strategic Invest | 0.51% | 2,967,736 | $24.8M | Add +5.5% |
| NOVT Novanta Inc. | 0.49% | 430,838 | $23.7M | New |
| CCL Carnival Corp. | 0.48% | 756,580 | $23.1M | New |
| CRF Cornerstone Total Return | 0.45% | 2,714,710 | $21.7M | Add +5.4% |
| MDLN Medline Inc. Class A | 0.43% | 500,000 | $21.0M | New |
| CCXIU Churchill Capital Corp. Xi | 0.42% | 2,000,000 | $20.4M | New |
| BCSS Bain Capital GSS Inv- A | 0.36% | 1,723,855 | $17.4M | Add +14.9% |
| FBTC Fidelity Wise Origin Bitcoin | 0.35% | 223,595 | $17.0M | Reduce -89.8% |
| ARES Ares Management Corp. Class A | 0.34% | 329,854 | $16.6M | New |
| CLDT Chatham Lodging Trust | 0.33% | 2,365,395 | $16.1M | Add +10.6% |
| PCT Purecycle Technologies Inc. | 0.32% | 22,000 | $15.6M | New |
| BITB Bitwise Bitcoin ETF | 0.32% | 321,399 | $15.3M | Reduce -41.7% |
| OKLO Oklo Inc. | 0.31% | 208,100 | $14.9M | Reduce -1.2% |
| GTEN Gores Holdings X Inc. Class A | 0.31% | 1,450,000 | $14.9M | Reduce -3.3% |
| BKD Brookdale Senior Living Inc. | 0.27% | 1,200,000 | $12.9M | New |
| TMS Teamshares Inc. filed as LIVE OAK ACQUISITION CORP V | 0.27% | 1,247,005 | $12.8M | Add +13.4% |
| QBTS D-Wave Quantum Inc. | 0.26% | 473,100 | $12.4M | Reduce -0.1% |
| AEXA American Exceptionalism Class A | 0.24% | 1,000,000 | $11.4M | No change |
| KLAR Klarna Group PLC | 0.21% | 348,000 | $10.1M | Add +132.0% |
| SBXE.U Silverbox Corp. V | 0.21% | 1,000,000 | $10.1M | New |
| HPE Hewlett Packard Enterprise | 0.21% | 150,000 | $10.0M | New |
| NWAX.U New America Acquisition I Co. | 0.17% | 800,000 | $8.3M | New |
| CAEP Cantor Equity Partners III-A | 0.16% | 750,000 | $7.7M | Add +650.0% |
| ALUB.U Alussa Energy Acquisition Co. | 0.16% | 750,000 | $7.6M | New |
| BCAR D. Boral Arc Acquisit Class A | 0.16% | 750,000 | $7.5M | Reduce -64.9% |
| MCHB Mechanics Bancorp Class A | 0.15% | 512,727 | $7.5M | No change |
| RGTI Rigetti Computing Inc. | 0.14% | 316,700 | $7.0M | Reduce -0.9% |
| ZTS Zoetis Inc. | 0.14% | 55,667 | $7.0M | New |
| RKLB Rocket Lab Corp. | 0.14% | 99,366 | $6.9M | New |
| CHKP Check Point Software Tech | 0.14% | 36,630 | $6.8M | New |
| CRBG Corebridge Financial Inc. | 0.14% | 218,741 | $6.6M | New |
| SMMT Summit Therapeutics Inc. | 0.13% | 356,900 | $6.2M | Add +7.0% |
| ATII Archimedes Tech Spac Partner | 0.13% | 600,646 | $6.2M | Reduce -18.8% |
| AEHR Aehr Test Systems | 0.13% | 300,000 | $6.1M | No change |
| OACC Oaktree Acquisition Corp. I-A | 0.12% | 530,537 | $5.6M | Add +6.1% |
| FRNM Freenome Inc. filed as PERCEPTIVE CAP SOLUTIONS COR | 0.11% | 425,000 | $5.5M | Add +2.4% |
| BLSH Bullish | 0.11% | 142,800 | $5.4M | Add +325.0% |
| AACB Artius II Acquisition Inc. Class A | 0.11% | 500,000 | $5.2M | Reduce -50.0% |
| PMTR Perimeter Acquis Corp. I Class A | 0.11% | 500,000 | $5.1M | Reduce -24.3% |
| SDHI Siddhi Acquisition Corp. Class A | 0.11% | 500,000 | $5.1M | Reduce -59.9% |
| SOUN Soundhound AI Inc. Class A | 0.10% | 510,100 | $5.1M | No change |
| EVAC Eqv Ventures Acquisition C-A | 0.10% | 503,799 | $5.1M | No change |
| SAC.U Safeguard Acquisition Corp. | 0.10% | 500,000 | $5.0M | New |
| CRANU Crane Harbor Acquisition Cor | 0.10% | 500,000 | $5.0M | New |
| KBONU Karbon Capital Partners Corp. | 0.10% | 500,000 | $5.0M | New |
| VHCPU Vine Hill Capital Investment | 0.10% | 500,000 | $5.0M | New |
| HVMC Highview Merger Corp. Class A | 0.10% | 500,000 | $5.0M | Reduce -33.3% |
| TEM Tempus AI Inc. Class A | 0.10% | 84,000 | $5.0M | No change |
| DMII Drugs Made in America Acquis | 0.10% | 500,000 | $5.0M | Reduce -33.4% |
| INFY Infosys Ltd.-SP ADR | 0.10% | 268,900 | $4.8M | Reduce -0.4% |
| MUX McEwen Inc. | 0.09% | 246,000 | $4.6M | New |
| IRHOU Iron Horse Acquisition II Co. | 0.09% | 446,397 | $4.4M | New |
| CCIX Churchill Capital Corp. Ix | 0.09% | 400,000 | $4.3M | Reduce -21.8% |
| PAII Pyrophyte Acquisition Corp. Class A | 0.08% | 374,254 | $3.8M | Reduce -6.4% |
| ONEN One Nuclear Energy Inc. filed as HENNESSY CAP INVT CORP VII | 0.08% | 353,000 | $3.7M | New |
| RNGT Range Capital Acquisit Class A | 0.07% | 357,814 | $3.6M | New |
| KRSP Rice Acquisition Corp. 3-A | 0.07% | 345,910 | $3.5M | New |
| MIR Mirion Technologies Inc. | 0.07% | 140,000 | $3.3M | Reduce -72.0% |
| BA The Boeing Co. | 0.07% | 14,723 | $3.2M | New |
| FAC Factorial Energy Inc. filed as CARTESIAN GROWTH CORP III | 0.07% | 310,165 | $3.2M | New |
| SO The Southern Co. | 0.06% | 36,000 | $3.1M | New |
| CEPV Cantor Equity Partners Class A | 0.06% | 300,500 | $3.1M | New |
| FTW Eqv Ventures Acquisition C-A | 0.06% | 283,170 | $3.0M | No change |
| ULS Ul Solutions Inc. Class A | 0.06% | 35,000 | $2.8M | New |
| FOUR SHIFT4 Payments Inc. Class A | 0.06% | 33,586 | $2.7M | New |
| XRPN Armada Acquisition Class A | 0.05% | 250,000 | $2.6M | New |
| IPCX Inflection Point Acquisiti-A | 0.05% | 247,685 | $2.5M | Reduce -68.0% |
| RAAQ Real Asset Acquisiti Class A | 0.05% | 244,000 | $2.5M | Reduce -2.4% |
| BBAI Bigbear.ai Holdings Inc. | 0.05% | 444,200 | $2.4M | Add +81.8% |
| INFQ Infleqtion Inc. filed as CHURCHILL CAP CORP X | 0.05% | 142,500 | $2.2M | Reduce -60.5% |
| VG Venture Global Inc. Class A | 0.05% | 325,299 | $2.2M | Add +62.6% |
| GEMI Gemini Space Station Inc. Class A | 0.04% | 214,100 | $2.1M | New |
| HIMS Hims & Hers Health Inc. | 0.03% | 50,000 | $1.6M | No change |
| CHAC Crane Harbor Acqu Corp. Class A | 0.03% | 150,000 | $1.6M | New |
| RXRX Recursion Pharmaceuticals-A | 0.03% | 386,000 | $1.6M | Add +966.3% |
| ADACU American Drive Acquisition C | 0.03% | 150,000 | $1.5M | New |
| SMR Nuscale Power Corp. | 0.03% | 101,000 | $1.4M | No change |
| CEPF Cantor Equity Partners Class A | 0.03% | 136,171 | $1.4M | New |
| ZTR Virtus Total Return Fund Inc. | 0.03% | 217,653 | $1.4M | Reduce -37.3% |
| ZIM Zim Integrated Shipping Serv | 0.03% | 62,300 | $1.3M | New |
| GROV Grove Collaborative Holdings | 0.03% | 1,192,799 | $1.3M | No change |
| RDW Redwire Corp. | 0.03% | 170,000 | $1.3M | New |
| IBRX Immunitybio Inc. | 0.03% | 619,000 | $1.2M | No change |
| VOYG Voyager Technologies Inc. Class A | 0.02% | 43,000 | $1.1M | New |
| CORZ Core Scientific Inc. | 0.02% | 75,000 | $1.1M | New |
| RUM Rum Group Inc. filed as RUMBLE INC | 0.02% | 164,600 | $1.0M | New |
| ALT Altimmune Inc. | 0.02% | 276,700 | $999K | No change |
| SERV Serve Robotics Inc. | 0.02% | 92,100 | $956K | No change |
| AIRS Airsculpt Technologies Inc. | 0.02% | 421,600 | $835K | Reduce -4.7% |
| NEE Nextera Energy Inc. | 0.02% | 16,069 | $832K | New |
| FBIO Fortress Biotech Inc. | 0.02% | 208,900 | $765K | No change |
| WOLF Wolfspeed Inc. | 0.01% | 34,791 | $606K | New |
| AVXL Anavex Life Sciences Corp. | 0.01% | 155,900 | $555K | No change |
| APXT Apex Treasury Corp. Class A | 0.01% | 52,734 | $522K | New |
| CSIQ Canadian Solar Inc. | 0.01% | 16,500 | $392K | Reduce -39.6% |
| ACB Aurora Cannabis Inc. | 0.01% | 84,500 | $357K | No change |
| DJT Trump Media & Technology Gro | 0.01% | 22,500 | $298K | No change |
| LYB Lyondellbasell Indu Class A | 0.00% | 5,043 | $218K | New |
| BYND Beyond Meat Inc. | 0.00% | 258,700 | $212K | Add +25770.0% |
| PLUG Plug Power Inc. | 0.00% | 100,000 | $197K | No change |
| FIG Figma Inc. Class A | 0.00% | 4,900 | $183K | Reduce -98.0% |
| ANNA Aleanna Inc. | 0.00% | 56,000 | $161K | No change |
| BMEA Biomea Fusion Inc. | 0.00% | 84,800 | $105K | No change |
| DNUT Krispy Kreme Inc. | 0.00% | 8,000 | $32K | No change |
| ALVO Alvotech SA | 0.00% | 33,821 | $20K | No change |
| KSS Kohls Corp. | 0.00% | 600 | $12K | Reduce -99.0% |
Options reported separately and not counted above: TSLA puts ($153.1M), BE puts ($95.8M), NVDA puts ($93.3M), RIVN puts ($80.3M), LITE puts ($58.4M), SMCI puts ($52.4M), BABA puts ($49.1M), NBIS puts ($42.6M), LI puts ($40.8M), SOFI puts ($39.2M), PLTR puts ($35.5M), SPY puts ($34.1M), and 95 more.
Other holdings (134): bonds, preferreds, convertibles and warrants · $3.5B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 100,436,000 | $460.9M | Add +123.2% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 57,880,000 | $308.1M | Add +10.3% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 79,500,000 | $294.9M | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 86,500,000 | $245.6M | Add +82.1% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 50,000,000 | $167.9M | Add +33.3% |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 122,500,000 | $143.7M | Reduce -2.0% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 72,500,000 | $112.7M | Add +61.1% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 85,000,000 | $95.5M | Reduce -32.0% |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 55,693,000 | $94.6M | Add +10.1% |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | 50,131,000 | $84.4M | Add +18.0% |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 56,447,000 | $84.2M | Add +41.1% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 955,591 | $72.2M | Add +47.9% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 60,000,000 | $70.4M | New |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 45,000,000 | $69.8M | Reduce -5.3% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 62,967,000 | $69.2M | Add +14.6% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 65,000,000 | $67.5M | Reduce -7.1% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 50,000,000 | $51.5M | Add +100.0% |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 40,000,000 | $50.8M | Add +29.0% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 50,000,000 | $44.7M | Reduce -13.0% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 34,600,000 | $44.0M | Add +152.6% |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 4,840,468 | $40.9M | Add +9.7% |
| TXNM ENERGY INC (TXNM 5.75 06/01/54) | NOTE 5.750% 6/0 · principal | 30,000,000 | $40.4M | No change |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 11,570,000 | $38.8M | New |
| IREN LTD (IREN 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | 15,750,000 | $38.7M | New |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 25,000,000 | $37.4M | Add +6.4% |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 28,000,000 | $37.1M | Add +179.0% |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 27,750,000 | $35.4M | Add +85.0% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 35,000,000 | $35.0M | Reduce -39.1% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 583,121 | $34.6M | New |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | 16,250,000 | $33.0M | Reduce -40.9% |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | 22,020,000 | $32.7M | New |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | 32,546,000 | $32.3M | No change |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 27,500,000 | $27.5M | Add +266.7% |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 27,500,000 | $26.6M | No change |
| UNITI GROUP INC (UNIT 7.5 12/01/27) | NOTE 7.500%12/0 · principal | 21,678,000 | $24.0M | Reduce -1.5% |
| NOVANTA INC (NOVT 6.5 11/01/28) | UNIT 11/01/2028 | 430,838 | $23.7M | New |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 21,000,000 | $23.4M | New |
| HERTZ CORP/THE (HTZ 8 07/15/29) | NOTE 8.000% 7/1 · principal | 20,060,065 | $23.2M | Add +6.7% |
| SABRE GLBL INC (SABHLD 7.32 08/01/26) | NOTE 7.320% 8/0 · principal | 22,120,000 | $22.3M | No change |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | 15,500,000 | $21.4M | New |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 20,000,000 | $20.2M | Reduce -46.7% |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 15,400,370 | $19.0M | Reduce -59.4% |
| AMC GLOBAL MEDIA INC (AMCX 4.25 02/15/29 *) | NOTE 4.250% 2/1 · principal | 17,500,000 | $17.9M | Add +80.4% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 17,500,000 | $17.3M | No change |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 329,854 | $16.6M | Add +14.4% |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 15,000,000 | $14.7M | Add +50.0% |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | 15,000,000 | $14.6M | Reduce -25.0% |
| MARA HOLDINGS INC (MARA 0 03/01/30) | NOTE 3/0 · principal | 17,500,000 | $13.9M | New |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 13,500,000 | $13.9M | Add +35.0% |
| NOVAVAX INC (NVAX 5 12/15/27) | NOTE 5.000%12/1 · principal | 12,000,000 | $12.9M | New |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 10,000,000 | $11.4M | New |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 8,500,000 | $10.5M | Reduce -71.7% |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | 12,500,000 | $10.3M | New |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | 35,000,000 | $9.8M | Add +75.0% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 10,000,000 | $9.2M | Reduce -75.0% |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 10,000,000 | $9.1M | Reduce -47.4% |
| MARA HOLDINGS INC (MARA 0 06/01/31) | NOTE 6/0 · principal | 10,000,000 | $8.4M | New |
| SUNRUN INC (RUN 4 03/01/30) | NOTE 4.000% 3/0 · principal | 3,600,000 | $5.1M | Add +44.0% |
| WOLFSPEED INC (WOLF 2.5 06/15/31) | NOTE 2.500% 6/1 · principal | 3,075,000 | $4.6M | New |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 5,120,000 | $4.3M | Reduce -48.8% |
| MARA HOLDINGS INC (MARA 2.125 09/01/31) | NOTE 2.125% 9/0 · principal | 5,000,000 | $4.1M | No change |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | 10,000 | $3.7M | Reduce -73.4% |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 74,675 | $3.1M | Reduce -35.4% |
| OPKO HEALTH INC (OPK 3.75 01/15/29) | NOTE 3.750% 1/1 · principal | 2,000,000 | $2.7M | No change |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 1,500,000 | $1.9M | No change |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 1,158,000 | $1.2M | No change |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 1,084,000 | $1.0M | New |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 1,000,000 | $962K | No change |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 16,069 | $832K | New |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 264,875 | $706K | No change |
| AACBR Artius II Acquisition Inc. | RIGHT 11/27/2029 | 1,980,000 | $653K | No change |
| CHACR Crane Harbor Acquisition-RTS | RIGHT 04/17/2030 | 700,000 | $560K | New |
| INFQ.WS Churchill Capital Corp. X | *W EXP 05/14/203 | 65,000 | $503K | Reduce -47.6% |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 438,101 | $361K | Reduce -4.4% |
| SDHIR Siddhi Acquisition Corp. | RIGHT 09/15/2029 | 1,648,895 | $355K | No change |
| IPCXR Inflection Point Acquisition | RIGHT 04/25/2030 | 813,900 | $308K | No change |
| ADSEW ADS-Tec Energy PLC-WRNT | *W EXP 99/99/999 | 203,116 | $243K | Reduce -10.8% |
| TMSWW Live Oak Acquisition Co.-CW29 | *W EXP 99/99/999 | 238,700 | $238K | Reduce -4.5% |
| GTENW Gores Holdings X Inc.-31 | *W EXP 05/02/203 | 275,000 | $234K | No change |
| BCSS.WS Bain Capital GSS Investment | *W EXP 01/01/202 | 344,771 | $233K | Add +14.9% |
| JENA ACQUISITION CORP II-RTS | RIGHT 03/31/2030 | 1,260,700 | $214K | No change |
| HVIIR Hennessy Capital Investment | RIGHT 01/17/2030 | 700,000 | $195K | New |
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | 178,107 | $163K | No change |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | 496,132 | $159K | Add +11.8% |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 | 103,400 | $158K | Reduce -69.9% |
| KFIIR K&F Growth Acquisition Corp. | RIGHT 08/29/2031 | 1,035,200 | $157K | No change |
| SBXWF Silverbox Corp. IV-A- 29 | *W EXP 08/19/202 | 469,900 | $148K | No change |
| XRPNW Armada Acquisition Corp - A | *W EXP 05/21/203 | 163,936 | $143K | New |
| PEW.WS Grabagun Digital Holdings Inc. | *W EXP 99/99/999 | 301,718 | $115K | No change |
| HVMCW Highview Merger Corp. - 30 | *W EXP 07/24/203 | 437,500 | $114K | Add +16.7% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV · principal | 150,000 | $100K | New |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | 223,724 | $85K | Reduce -10.5% |
| FERAR Fifth Era Acquisition Corp. I | RIGHT 02/21/2030 | 210,600 | $84K | No change |
| PAII.WS Pyrophyte Acquisition Corp. I | *W EXP 07/30/203 | 200,000 | $80K | No change |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 180,000 | $77K | New |
| SPWRW Sunpower Inc.-CW27 | *W EXP 07/31/202 | 289,449 | $75K | Reduce -0.5% |
| CCAQW Dune Acquisition Corp. II -30 | *W EXP 04/04/203 | 250,000 | $68K | Reduce -32.4% |
| ANNAW Aleanna Inc. Class A - 29 | *W EXP 12/13/202 | 382,000 | $63K | No change |
| RNGTW Range Capital Acquisition Co. | *W EXP 09/29/203 | 178,907 | $57K | New |
| EVAC.WS Eqv Ventures Acquisition Cor | *W EXP 06/30/203 | 169,633 | $57K | No change |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | 334,100 | $55K | No change |
| LOTWW Lotus Technology Inc.-28 | *W EXP 02/22/202 | 806,844 | $50K | No change |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | 161,700 | $44K | Add +1270.3% |
| OACCW Oaktree Acquisition III -31 | *W EXP 09/01/203 | 50,000 | $41K | No change |
| KRSP.WS Rice Acquisition Corp. 3 | *W EXP 99/99/999 | 50,000 | $41K | New |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 493,000 | $41K | No change |
| BDMDW Baird Medical Investment -28 | *W EXP 10/01/202 | 700,000 | $39K | No change |
| DYORW Insight Digital Partners II | *W EXP 10/28/203 | 100,000 | $36K | New |
| OABIW Omniab Inc. - CW26 | *W EXP 99/99/999 | 293,802 | $32K | No change |
| DAICW Cid Holdco Inc. -26 | *W EXP 12/31/202 | 324,300 | $27K | No change |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF · principal | 33,586 | $27K | New |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 96,000 | $21K | No change |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 52,300 | $21K | Reduce -0.2% |
| SCAGW Scage Future -30 | *W EXP 05/15/203 | 299,999 | $19K | No change |
| AERTW Aeries Technology Inc. -CW23 | *W EXP 11/06/202 | 474,600 | $15K | No change |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 | 372,739 | $14K | No change |
| MLKWF Waldencast Acq Class A -CW27 | *W EXP 07/27/202 | 377,358 | $14K | No change |
| SPKWF Spark I Acquisition Corp.-28 | *W EXP 10/01/203 | 40,000 | $13K | No change |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 | 273,142 | $12K | No change |
| ASBPW Aspire Biopharma Holdin-CW27 | *W EXP 02/14/203 | 500,000 | $10K | No change |
| CNCKW Coincheck Group NV | *W EXP 12/11/202 | 29,700 | $10K | Reduce -61.1% |
| NVNWF Nvni Group Ltd.-28 | *W EXP 11/01/202 | 144,400 | $9K | No change |
| CCGWW Cheche Group Inc. - 28 | *W EXP 10/01/203 | 344,400 | $9K | No change |
| GDEV INC | *W EXP 99/99/999 | 425,000 | $9K | No change |
| COCHW Envoy Medical Inc.-CW27 | *W EXP 09/29/202 | 182,137 | $8K | Reduce 0.0% |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | 123,600 | $5K | No change |
| BSLKW Golden Arrow Merger A -CW26 | *W EXP 08/13/202 | 250,000 | $4K | No change |
| ALVOW Alvotech SA -27 | *W EXP 99/99/999 | 3,702 | $3K | Reduce -43.4% |
| ECXWW Ecarx Holdings Inc. Class A-27 | *W EXP 99/99/999 | 50,000 | $2K | No change |
| GGROW Gogoro Inc. -CW27 | *W EXP 04/04/202 | 227,540 | $2K | No change |
| PERFF Perfect Corp. | *W EXP 10/28/202 | 76,200 | $2K | No change |
| ECD AUTOMOTIVE DESIGN INC | *W EXP 12/12/202 | 177,800 | $2K | No change |
| MRNOW Murano Global BV-28 | *W EXP 03/19/202 | 49,672 | $1K | No change |
| ABPWW Atlantic Coast Acq -CW23 | *W EXP 11/12/202 | 34,101 | $580 | No change |
Total filed on the 13F, all lines: $8.4B.
Portfolio Sells Q3 2025 → Q4 2025
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −4.83 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -89.8% | 0.35% | −4.57 |
| VVV Valvoline Inc. | Sold out | 0.00% | −1.62 |
| SPR Spirit Aerosystems Hold Class A | Sold out | 0.00% | −1.35 |
| CSX CSX Corp. | Sold out | 0.00% | −1.26 |
| AMZN Amazon.com Inc. | Reduce -36.4% | 1.91% | −1.21 |
| CYBR Cyberark Software Ltd./Israel | Reduce -36.7% | 1.21% | −1.05 |
| SGI Somnigroup International Inc. | Reduce -34.9% | 1.66% | −0.97 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.82 |
| K Kellanova | Sold out | 0.00% | −0.71 |
| GEV GE Vernova Inc. | Reduce -42.2% | 0.67% | −0.53 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.48 |
| BITB Bitwise Bitcoin ETF | Reduce -41.7% | 0.32% | −0.46 |
| HWM Howmet Aerospace Inc. | Reduce -26.9% | 1.04% | −0.45 |
| FHN First Horizon Corp. | Reduce -17.7% | 1.55% | −0.40 |
| IREN Iren Ltd. | Sold out | 0.00% | −0.38 |
| BCAR D. Boral Arc Acquisit Class A | Reduce -64.9% | 0.16% | −0.32 |
| JPM JPMorgan Chase & Co. | Reduce -15.8% | 1.10% | −0.30 |
| FIG Figma Inc. Class A | Reduce -98.0% | 0.00% | −0.29 |
| SBXDF Silverbox Corp. IV-A | Sold out | 0.00% | −0.28 |
| OKLO Oklo Inc. | Reduce -1.2% | 0.31% | −0.22 |
| MIR Mirion Technologies Inc. | Reduce -72.0% | 0.07% | −0.19 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.19 |
| LGN Legence Corp. Class A | Sold out | 0.00% | −0.19 |
| SDHI Siddhi Acquisition Corp. Class A | Reduce -59.9% | 0.11% | −0.18 |
| AMLP Alerian MLP ETF | Sold out | 0.00% | −0.17 |
| OBA Oxley Bridge Acquisitio Class A | Sold out | 0.00% | −0.16 |
| NTSK Netskope Inc. Class A | Sold out | 0.00% | −0.15 |
| WBI Waterbridge Infrastruc Class A | Sold out | 0.00% | −0.13 |
| IPCX Inflection Point Acquisiti-A | Reduce -68.0% | 0.05% | −0.12 |
| AACB Artius II Acquisition Inc. Class A | Reduce -50.0% | 0.11% | −0.12 |
| KOYN CSLM Digital Asset Acqu - A | Sold out | 0.00% | −0.12 |
| JD.COM INC (JD 0.25 06/01/29) | Sold out | 0.00% | −0.12 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.12 |
| GOOGL Alphabet Inc. Class A | Reduce -19.4% | 1.94% | −0.10 |
| ODD Oddity Tech Ltd. Class A | Sold out | 0.00% | −0.10 |
| CVLT Commvault Systems Inc. | Sold out | 0.00% | −0.09 |
| RGTI Rigetti Computing Inc. | Reduce -0.9% | 0.14% | −0.07 |
| HVMC Highview Merger Corp. Class A | Reduce -33.3% | 0.10% | −0.07 |
| DMII Drugs Made in America Acquis | Reduce -33.4% | 0.10% | −0.07 |
| WOLF Wolfspeed Inc. | Sold out | 0.00% | −0.07 |
| AIRS Airsculpt Technologies Inc. | Reduce -4.7% | 0.02% | −0.06 |
| FOX Fox Corp. Class B | Sold out | 0.00% | −0.06 |
| VLOS Velos Acquisition I Corp. | Sold out | 0.00% | −0.06 |
| INFQ Infleqtion Inc. | Reduce -60.5% | 0.05% | −0.06 |
| DAAQ Digital Asset Acquisiti Class A | Sold out | 0.00% | −0.06 |
| WENN Wen Acquisition Corp. Class A | Sold out | 0.00% | −0.06 |
| BDCIU BTC Development Corp. | Sold out | 0.00% | −0.06 |
| PMTR Perimeter Acquis Corp. I Class A | Reduce -24.3% | 0.11% | −0.05 |
| PCAP Procap Acquisition Corp. Class A | Sold out | 0.00% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| KVUE Kenvue Inc. | Add +1023.5% | 4.59% | +4.17 |
| TSLA Tesla Inc. | New | 3.16% | +3.16 |
| SHC Sotera Health Co. | Add +57.4% | 7.65% | +2.91 |
| NVDA Nvidia Corp. | Add +144.1% | 3.26% | +1.80 |
| EA Electronic Arts Inc. | Add +131.6% | 3.15% | +1.69 |
| ECHO Echostar Corp. Class A | Add +65.3% | 2.13% | +1.14 |
| WING Wingstop Inc. | New | 0.98% | +0.98 |
| BURL Burlington Stores Inc. | New | 0.97% | +0.97 |
| BAC Bank of America Corp. | Add +64.0% | 2.42% | +0.91 |
| RNAM Avidity Biosciences Inc. | New | 0.84% | +0.84 |
| TAC Transalta Corp. | New | 0.78% | +0.78 |
| PLTR Palantir Technologies Inc. Class A | New | 0.73% | +0.73 |
| ALB Albemarle Corp. | New | 0.71% | +0.71 |
| VIK Viking Holdings Ltd. | Add +26.9% | 2.21% | +0.55 |
| NOVT Novanta Inc. | New | 0.49% | +0.49 |
| CCL Carnival Corp. | New | 0.48% | +0.48 |
| MDLN Medline Inc. Class A | New | 0.43% | +0.43 |
| TSM Taiwan Semiconductor-SP ADR | Add +41.6% | 1.46% | +0.43 |
| CCXIU Churchill Capital Corp. Xi | New | 0.42% | +0.42 |
| ARES Ares Management Corp. Class A | New | 0.34% | +0.34 |
| PCT Purecycle Technologies Inc. | New | 0.32% | +0.32 |
| AVGO Broadcom Inc. | Add +87.0% | 0.67% | +0.30 |
| BKD Brookdale Senior Living Inc. | New | 0.27% | +0.27 |
| FWONA Liberty Media Corp. Class A | Add +33.3% | 1.84% | +0.23 |
| SBXE.U Silverbox Corp. V | New | 0.21% | +0.21 |
| HPE Hewlett Packard Enterprise | New | 0.21% | +0.21 |
| NWAX.U New America Acquisition I Co. | New | 0.17% | +0.17 |
| HLN Haleon PLC-ADR | Add +5.1% | 2.18% | +0.17 |
| ALUB.U Alussa Energy Acquisition Co. | New | 0.16% | +0.16 |
| ZTS Zoetis Inc. | New | 0.14% | +0.14 |
| RKLB Rocket Lab Corp. | New | 0.14% | +0.14 |
| CHKP Check Point Software Tech | New | 0.14% | +0.14 |
| CRBG Corebridge Financial Inc. | New | 0.14% | +0.14 |
| GWRE Guidewire Software Inc. | Add +33.5% | 2.12% | +0.14 |
| CAEP Cantor Equity Partners III-A | Add +650.0% | 0.16% | +0.13 |
| SAC.U Safeguard Acquisition Corp. | New | 0.10% | +0.10 |
| CRANU Crane Harbor Acquisition Cor | New | 0.10% | +0.10 |
| KBONU Karbon Capital Partners Corp. | New | 0.10% | +0.10 |
| VHCPU Vine Hill Capital Investment | New | 0.10% | +0.10 |
| MUX McEwen Inc. | New | 0.09% | +0.09 |
| IRHOU Iron Horse Acquisition II Co. | New | 0.09% | +0.09 |
| KLAR Klarna Group PLC | Add +132.0% | 0.21% | +0.08 |
| ONEN One Nuclear Energy Inc. | New | 0.08% | +0.08 |
| RNGT Range Capital Acquisit Class A | New | 0.07% | +0.07 |
| KRSP Rice Acquisition Corp. 3-A | New | 0.07% | +0.07 |
| BA The Boeing Co. | New | 0.07% | +0.07 |
| FAC Factorial Energy Inc. | New | 0.07% | +0.07 |
| SO The Southern Co. | New | 0.06% | +0.06 |
| CEPV Cantor Equity Partners Class A | New | 0.06% | +0.06 |
| BLSH Bullish | Add +325.0% | 0.11% | +0.06 |
Options Activity Q3 2025 → Q4 2025
| TSLA Tesla Inc. | put | New | 340,400 | $153.1M |
| BE Bloom Energy Corp. Class A | put | Add +0.1% | 1,102,800 | $95.8M |
| NVDA Nvidia Corp. | put | New | 500,000 | $93.3M |
| RIVN Rivian Automotive Inc. Class A | put | Reduce -23.3% | 4,074,700 | $80.3M |
| LITE Lumentum Holdings Inc. | put | Add +5770.4% | 158,500 | $58.4M |
| WOLF Wolfspeed Inc. | put | Sold out | 1,912,400 | $54.7Mbefore exit |
| SMCI Super Micro Computer Inc. | put | Add +15.3% | 1,789,400 | $52.4M |
| NBIS Nebius Group NV | put | Add +1.1% | 508,700 | $42.6M |
| PLTR Palantir Technologies Inc. Class A | put | New | 200,000 | $35.5M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +33.3% | 50,000 | $34.1M |
| SLV iShares Silver Trust | call | New | 469,300 | $30.2M |
| DAL Delta Air Lines Inc. | call | Sold out | 500,000 | $28.4Mbefore exit |
| ECHO Echostar Corp. Class A | call | New | 250,000 | $27.2M |
| GME Gamestop Corp. Class A | put | Add +2.0% | 1,033,800 | $20.8M |
| SE Sea Ltd.-ADR | put | Reduce -13.3% | 153,800 | $19.6M |
| UAL United Airlines Holdings Inc. | call | Sold out | 200,000 | $19.3Mbefore exit |
| CRWV Coreweave Inc. Class A | call | New | 250,000 | $17.9M |
| CAMT Camtek Ltd. | put | Add +3.0% | 135,700 | $14.4M |
| IREN Iren Ltd. | put | Add +3500.0% | 360,000 | $13.6M |
| BA The Boeing Co. | put | New | 49,666 | $10.8M |
| KLAR Klarna Group PLC | put | New | 350,500 | $10.1M |
| DJT Trump Media & Technology Gro | put | Add +5.3% | 765,100 | $10.1M |
| SPR Spirit Aerosystems Hold Class A | put | Sold out | 261,400 | $10.1Mbefore exit |
| AAL American Airlines Group Inc. | put | Reduce -75.9% | 617,300 | $9.5M |
| ECHO Echostar Corp. Class A | put | Reduce -74.6% | 74,700 | $8.1M |
| HIMS Hims & Hers Health Inc. | put | Add +1.7% | 241,500 | $7.8M |
| RUN Sunrun Inc. | put | Add +3.9% | 420,000 | $7.7M |
| INFY Infosys Ltd.-SP ADR | call | Add +100.0% | 388,000 | $6.9M |
| SMMT Summit Therapeutics Inc. | put | Add +7.0% | 356,900 | $6.2M |
| F Ford Motor Co. | put | Sold out | 500,000 | $6.0Mbefore exit |
| INFY Infosys Ltd.-SP ADR | put | Add +23.8% | 332,900 | $5.9M |
| GRAB Grab Holdings Ltd. Class A | put | Add +0.7% | 1,184,100 | $5.9M |
| BLSH Bullish | put | Add +325.0% | 142,800 | $5.4M |
| PDD PDD Holdings Inc. | put | Sold out | 38,500 | $5.1Mbefore exit |
| JBLU Jetblue Airways Corp. | put | Add +13.2% | 1,087,600 | $4.9M |
| MUX McEwen Inc. | put | New | 246,000 | $4.6M |
| CRWV Coreweave Inc. Class A | put | Add +21.4% | 56,700 | $4.1M |
| ASTS Ast Spacemobile Inc. | put | Add +5.3% | 49,900 | $3.6M |
| AMC AMC Entertainment HLDS Class A | put | Add +2.4% | 2,304,300 | $3.6M |
| BTU Peabody Energy Corp. | put | Add +49.9% | 87,700 | $2.6M |
| FIG Figma Inc. Class A | call | Sold out | 50,000 | $2.6Mbefore exit |
| BBAI Bigbear.ai Holdings Inc. | put | Add +81.8% | 444,400 | $2.4M |
| RUM Rum Group Inc. | put | New | 364,600 | $2.3M |
| LCID Lucid Group Inc. | put | Reduce -1.9% | 208,650 | $2.2M |
| GEMI Gemini Space Station Inc. Class A | put | New | 216,600 | $2.1M |
| NET Cloudflare Inc. Class A | put | New | 10,300 | $2.0M |
| RXRX Recursion Pharmaceuticals-A | call | Sold out | 349,800 | $1.7Mbefore exit |
| PLUG Plug Power Inc. | put | Reduce -1.1% | 862,100 | $1.7M |
| FRPT Freshpet Inc. | put | Sold out | 29,600 | $1.6Mbefore exit |
| CCL Carnival Corp. | put | Reduce -90.8% | 50,000 | $1.5M |
Showing the first 50 of 70.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Add +123.2% | 100,436,000 | $460.9M |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Add +10.3% | 57,880,000 | $308.1M |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | Add +82.1% | 86,500,000 | $245.6M |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Sold out | 100,000,000 | $197.5Mbefore exit |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Add +33.3% | 50,000,000 | $167.9M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | Reduce -2.0% | 122,500,000 | $143.7M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Add +61.1% | 72,500,000 | $112.7M |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | Sold out | 24,500,000 | $101.7Mbefore exit |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Reduce -32.0% | 85,000,000 | $95.5M |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | Add +10.1% | 55,693,000 | $94.6M |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | Add +18.0% | 50,131,000 | $84.4M |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | Add +41.1% | 56,447,000 | $84.2M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Add +47.9% | 955,591 | $72.2M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | New | 60,000,000 | $70.4M |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | Reduce -5.3% | 45,000,000 | $69.8M |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Add +14.6% | 62,967,000 | $69.2M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Reduce -7.1% | 65,000,000 | $67.5M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Add +100.0% | 50,000,000 | $51.5M |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | Add +29.0% | 40,000,000 | $50.8M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Reduce -13.0% | 50,000,000 | $44.7M |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Add +152.6% | 34,600,000 | $44.0M |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Add +9.7% | 4,840,468 | $40.9M |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | Sold out | 35,000,000 | $39.0Mbefore exit |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | New | 11,570,000 | $38.8M |
| IREN LTD (IREN 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | New | 15,750,000 | $38.7M |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | Add +6.4% | 25,000,000 | $37.4M |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | Add +179.0% | 28,000,000 | $37.1M |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | Add +85.0% | 27,750,000 | $35.4M |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Reduce -39.1% | 35,000,000 | $35.0M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | New | 583,121 | $34.6M |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | Reduce -40.9% | 16,250,000 | $33.0M |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | New | 22,020,000 | $32.7M |
| SPIRIT AEROSYSTEMS INC (SPR 3.25 11/01/28) | NOTE 3.250%11/0 · principal | Sold out | 20,288,000 | $30.1Mbefore exit |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Add +266.7% | 27,500,000 | $27.5M |
| UNITI GROUP INC (UNIT 7.5 12/01/27) | NOTE 7.500%12/0 · principal | Reduce -1.5% | 21,678,000 | $24.0M |
| NOVANTA INC (NOVT 6.5 11/01/28) | UNIT 11/01/2028 | New | 430,838 | $23.7M |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | New | 21,000,000 | $23.4M |
| HERTZ CORP/THE (HTZ 8 07/15/29) | NOTE 8.000% 7/1 · principal | Add +6.7% | 20,060,065 | $23.2M |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | New | 15,500,000 | $21.4M |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | Reduce -46.7% | 20,000,000 | $20.2M |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | Reduce -59.4% | 15,400,370 | $19.0M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Sold out | 13,500,000 | $18.7Mbefore exit |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | Sold out | 178,150 | $18.0Mbefore exit |
| AMC GLOBAL MEDIA INC (AMCX 4.25 02/15/29 *) | NOTE 4.250% 2/1 · principal | Add +80.4% | 17,500,000 | $17.9M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Add +14.4% | 329,854 | $16.6M |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | Add +50.0% | 15,000,000 | $14.7M |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | Reduce -25.0% | 15,000,000 | $14.6M |
| MARA HOLDINGS INC (MARA 0 03/01/30) | NOTE 3/0 · principal | New | 17,500,000 | $13.9M |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | Add +35.0% | 13,500,000 | $13.9M |
| NOVAVAX INC (NVAX 5 12/15/27) | NOTE 5.000%12/1 · principal | New | 12,000,000 | $12.9M |
Showing the first 50 of 109.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 152 | $6.1B | TSM, SHC, FWONK, BRKR, AMD |
| Q1 2026 | 134 | $4.2B | FWONK, SHC, GMED, KVUE, NSC |
| Q4 2025 | 146 | $4.8B | FWONK, SHC, GMED, KVUE, NVDA |
| Q3 2025 | 135 | $4.4B | FWONK, FBTC, IBIT, SHC, GMED |
| Q2 2025Amended | 140 | $3.8B | FWONK, IBIT, FBTC, GMED, SHC |
| Q1 2025Amended | 112 | $2.9B | FWONK, FBTC, GMED, IBIT, HLN |
| Q4 2024 | 121 | $4.2B | IBIT, FWONK, BA, SPY, STZ |
| Q3 2024Amended | 119 | $3.2B | FWONK, STZ, TLN, IBIT, AMZN |
| Q2 2024 | 110 | $3.2B | FWONK, AMZN, STZ, DFS, FHN |
| Q1 2024 | 114 | $3.3B | PXD, FWONK, STZ, META, AMZN |