Shaolin Capital Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Shaolin Capital Management LLC reported 51 stock positions worth $356.0 million. Its top holding was Nextera Energy (NEE) at 22.1% of the portfolio, followed by Strategy (MSTR, 20.4%) and Boeing (BA, 9.8%). Compared with Q3 2024, it opened 26 new positions, sold out of 26, added to 3 and reduced 17. The biggest buy was a new position in Boeing (BA) and the biggest sale Eqv Ventures Acquisition C-A (FTW, shares −49%).
- Most Recent 13F
- Q2 2026
- Location
- Miami, FL
- CIK
- 0001766806
- Portfolio Value
- $356.0M (Q4 2024)
- SEC Filing
- 0001172661-25-001076 ↗ filed Feb 14, 2025
Holdings Value
Holdings 51 stocks · $356.0M
| NEE Nextera Energy Inc. | 22.11% | 1,097,852 | $78.7M | Add +12.9% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 20.38% | 250,498 | $72.5M | Add +1.2% |
| BA The Boeing Co. | 9.79% | 196,980 | $34.9M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 6.17% | 37,500 | $22.0M | New |
| GSRTU GSR III Acquisition Corp. | 4.89% | 1,732,900 | $17.4M | New |
| DRDBU Roman DBDR Acquisition Corp. | 2.80% | 1,000,000 | $10.0M | New |
| CLSK Cleanspark Inc. | 2.40% | 929,300 | $8.6M | New |
| JACS.U Jackson Acquisition Co. II | 2.40% | 850,000 | $8.6M | New |
| FACTU Fact II Acquisition Corp. | 1.96% | 700,000 | $7.0M | New |
| ALDF Aldel Financial II Inc. | 1.95% | 700,000 | $7.0M | New |
| FTW Eqv Ventures Acquisition C-A | 1.68% | 599,544 | $6.0M | Reduce -49.0% |
| WLACU Willow Lane Acquisition Corp. | 1.54% | 550,000 | $5.5M | New |
| OACC Oaktree Acquisition Corp. I-A | 1.54% | 550,000 | $5.5M | New |
| CCIR Cohen Circle Acquisitio Class A | 1.41% | 500,000 | $5.0M | New |
| MLACU Mountain Lake Acquisition Co. | 1.25% | 445,000 | $4.5M | New |
| BEAG Bold Eagle Acquisition Cor-A | 1.25% | 450,000 | $4.4M | New |
| NTWOU Newbury Street II Acquisitio | 1.24% | 440,000 | $4.4M | New |
| TAVIU Tavia Acquisition Corp. | 1.20% | 425,000 | $4.3M | New |
| TDACU Translational Development Ac | 1.06% | 375,000 | $3.8M | New |
| APLD Applied Digital Corp. | 0.93% | 433,200 | $3.3M | New |
| VACH Voyager Acquisition Corp. | 0.84% | 300,000 | $3.0M | Reduce -58.6% |
| FRNM Freenome Inc. filed as PERCEPTIVE CAP SOLUTIONS COR | 0.71% | 250,000 | $2.5M | Reduce -39.8% |
| DYNC Dynamix Corp. | 0.69% | 250,000 | $2.4M | New |
| DYCQ DT Cloud Acquisition Corp. | 0.66% | 225,000 | $2.3M | Reduce -50.0% |
| EURK Eureka Acquisition Corp. | 0.57% | 200,000 | $2.0M | No change |
| DTSQ DT Cloud Star Acquisition Co. | 0.57% | 200,000 | $2.0M | No change |
| FVN Future Vision II Acquisition | 0.56% | 200,000 | $2.0M | Reduce -33.3% |
| LPBB Launch Two Acquisition Class A | 0.56% | 200,000 | $2.0M | New |
| JVSA Jvspac Acquisition Corp. Class A | 0.51% | 175,000 | $1.8M | Reduce -50.3% |
| MARA Mara Holdings Inc. | 0.51% | 107,500 | $1.8M | Reduce -1.1% |
| CAPN Cayson Acquisition Corp. | 0.49% | 175,000 | $1.8M | No change |
| HSPTU Horizon Space Acquisition II | 0.49% | 175,000 | $1.8M | New |
| RANGU Range Capital Acquisition Co. | 0.49% | 172,340 | $1.7M | New |
| PGACU Pantages Capital Acquisition filed as SHEPHERD AVE CAP ACQUISITION | 0.45% | 160,000 | $1.6M | New |
| AAM Aa Mission Acquisition Cor-A | 0.43% | 150,000 | $1.5M | Reduce -76.9% |
| SBXDF Silverbox Corp. IV-A | 0.43% | 150,000 | $1.5M | Reduce -66.7% |
| LPAA Launch One Acquisition Corp. | 0.42% | 150,000 | $1.5M | Reduce -57.1% |
| POLE Andretti Acquisition Corp. Class A | 0.41% | 145,000 | $1.4M | Reduce -17.1% |
| CHAR Charlton Aria Acquisiti Class A | 0.35% | 125,000 | $1.2M | New |
| DDOG Datadog Inc. Class A | 0.31% | 7,700 | $1.1M | New |
| CCIX Churchill Capital Corp. Ix | 0.29% | 100,000 | $1.0M | Reduce -70.3% |
| BITCOIN DEPOT INC | 0.29% | 634,600 | $1.0M | Reduce -9.3% |
| VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP | 0.28% | 100,000 | $1.0M | Reduce -81.0% |
| VCIC Vine Hill Capital Class A | 0.28% | 100,000 | $1.0M | Reduce -71.0% |
| CHTR Charter Communications Inc. Class A | 0.26% | 2,700 | $925K | New |
| ADGM Adagio Medical Holdings Inc. | 0.06% | 197,500 | $207K | Add +41.1% |
| WOLF Wolfspeed Inc. | 0.05% | 25,000 | $167K | New |
| REAL The Realreal Inc. filed as THE REALREAL INC | 0.04% | 12,288 | $134K | Reduce -58.7% |
| DTI Drilling Tools International | 0.03% | 30,000 | $98K | Reduce -14.3% |
| THCH TH International Ltd./Cayman | 0.01% | 63,000 | $45K | No change |
| OSRHW Bellevue Life Scncs Aqstn Co. | 0.00% | 300,000 | $14K | No change |
Options reported separately and not counted above: SPY puts ($879.1M), MSTR puts ($317.7M), PCT puts ($130.7M), NEE calls ($98.6M), WOLF puts ($16.6M), BTDR puts ($13.5M), KIM puts ($5.9M), GRPN puts ($3.5M), SMCI calls ($3.0M), REAL puts ($2.7M), MARA puts ($2.5M), PCRX calls ($2.4M), and 1 more.
Other holdings (154): bonds, preferreds, convertibles and warrants · $2.9B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 100,000,000 | $366.0M | Reduce -40.1% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 167,500,000 | $219.6M | Add +52.3% |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | 60,952,000 | $174.4M | Reduce -0.7% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 2,500,000 | $154.7M | New |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | 165,000,000 | $146.3M | Reduce -2.6% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 139,000,000 | $146.1M | Add +54.4% |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 117,000,000 | $131.0M | Add +20.0% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 122,500,000 | $125.6M | Add +113.0% |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 117,500,000 | $118.0M | Add +291.7% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 100,000,000 | $108.7M | New |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | 112,271,000 | $108.1M | New |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 95,026,000 | $96.9M | Add +18.8% |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 62,200,000 | $96.3M | Add +126.2% |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 1,433,687 | $80.8M | New |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 72,684,000 | $77.2M | Add +263.4% |
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | 75,108,000 | $74.4M | New |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 57,000,000 | $66.9M | Add +66.0% |
| HCI GROUP INC (HCI 4.75 06/01/42) | NOTE 4.750% 6/0 · principal | 42,500,000 | $65.4M | Add +0.4% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 650,000 | $56.6M | New |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 54,900,000 | $51.4M | Reduce -18.7% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 918,874 | $44.9M | New |
| MAGNITE INC (MGNI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 40,850,000 | $38.1M | Add +24.4% |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | 34,500,000 | $37.8M | New |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 27,500,000 | $32.2M | New |
| KIMCO REALTY CORP (KIM 7.25 PERP N) | DP CV CL N 7.25% | 442,117 | $27.5M | Add +68.4% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 27,500,000 | $27.2M | New |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 434,000 | $21.7M | New |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | 22,500,000 | $20.7M | New |
| WORKIVA INC (WK 1.125 08/15/26) | NOTE 1.125% 8/1 · principal | 14,000,000 | $19.8M | Reduce -6.7% |
| THE REALREAL INC (REAL 1 03/01/28) | NOTE 1.000% 3/0 · principal | 22,500,000 | $17.4M | Reduce -33.0% |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 20,640,000 | $17.3M | Add +27.0% |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | 30,000,000 | $16.2M | No change |
| DYNAVAX TECHNOLOGIES (DVAX 2.5 05/15/26) | NOTE 2.500% 5/1 · principal | 10,000,000 | $13.1M | New |
| BITDEER TECHNOLOGIES GRP (BTDR 8.5 08/15/29) | NOTE 8.500% 8/1 · principal | 4,183,000 | $11.3M | New |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 70,000,000 | $10.5M | Add +2.5% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 7,500,000 | $10.1M | New |
| WINNEBAGO INDUSTRIES (WGO 1.5 04/01/25) | NOTE 1.500% 4/0 · principal | 9,335,000 | $9.3M | No change |
| CTO REALTY GROWTH INC (CTO 3.875 04/15/25 *) | NOTE 3.875% 4/1 · principal | 6,189,000 | $8.8M | New |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 6,500,000 | $8.0M | New |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 5,675,000 | $5.8M | New |
| THE REALREAL INC (REAL 3 06/15/25) | NOTE 3.000% 6/1 · principal | 5,196,000 | $5.1M | Add +73.4% |
| ZYNGA INC (ZNGA 0 12/15/26) | NOTE 12/1 · principal | 5,000,000 | $4.6M | No change |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 5,000,000 | $4.4M | Reduce -66.7% |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | 4,000,000 | $3.9M | New |
| OMNICELL INC (OMCL 0.25 09/15/25) | NOTE 0.250% 9/1 · principal | 3,520,000 | $3.2M | New |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 755,000 | $204K | Reduce -2.6% |
| USARW Inflection Point Acquis-C-28 | *W EXP 08/31/202 | 410,190 | $201K | Reduce -4.6% |
| CMPOW Composecure Inc. -CW25 | *W EXP 12/27/202 | 34,000 | $158K | Reduce -77.3% |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 300,216 | $156K | Add +12.4% |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | 652,300 | $147K | New |
| ABLLW East Resources Acquis -CW27 | *W EXP 06/30/202 | 130,640 | $137K | Reduce -52.5% |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | 850,000 | $128K | Reduce -2.9% |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | 98,676 | $124K | Reduce -1.3% |
| NUAIW New Era Helium Inc. -29 | *W EXP 12/06/202 | 250,000 | $120K | New |
| ALDFW Aldel Financial II Inc. - 29 | *W EXP 09/26/203 | 399,999 | $120K | New |
| OACCW Oaktree Acquisition III -31 | *W EXP 09/01/203 | 134,000 | $118K | New |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | 317,790 | $114K | New |
| SKGRW SK Growth Opportunities -29 | *W EXP 06/28/202 | 190,000 | $114K | Reduce -23.9% |
| CCIRW Cohen Circle Acquisition-29 | *W EXP 01/31/202 | 233,335 | $105K | New |
| CRTWF Cartica Acquisition A -28 | *W EXP 04/30/202 | 286,766 | $77K | Reduce -34.9% |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 450,000 | $77K | New |
| VGASW Cenaq Energy Corp. Class A -CW27 | *W EXP 02/15/202 | 250,000 | $70K | Reduce -23.1% |
| LVRWF Lavoro Ltd.-27 | *W EXP 02/27/202 | 530,664 | $69K | Reduce -4.5% |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 425,000 | $68K | Reduce -19.1% |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | 340,000 | $61K | Add +29.5% |
| HCVIW Hennessy Capital Inv A -CW27 | *W EXP 99/99/999 | 475,000 | $58K | Add +14.8% |
| AENTW Adara Acquisition Class A -CW26 | *W EXP 02/11/202 | 94,967 | $56K | Reduce -5.0% |
| HUDAR Hudson Acquisition I Corp.-RT | RIGHT 99/99/9999 | 249,059 | $55K | No change |
| DYNCW Dynamix Corp. - 29 | *W EXP 10/25/202 | 209,600 | $54K | New |
| DMYYW DMY Squared Technology GR-27 | *W EXP 99/99/999 | 225,135 | $53K | Reduce -3.7% |
| ANNAW Aleanna Inc. Class A - 29 | *W EXP 12/13/202 | 377,546 | $53K | New |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 325,000 | $52K | Reduce -29.8% |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 370,000 | $52K | Reduce -7.5% |
| BDMDW Baird Medical Investment -28 | *W EXP 10/01/202 | 250,000 | $51K | New |
| AFJKR Aimei Health Technology Co. L | RIGHT 11/17/2028 | 265,000 | $48K | Add +4.7% |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 700,000 | $46K | Reduce -12.5% |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | 876,526 | $46K | Reduce -3.5% |
| PLMWF Plum Acquisition Corp. III-CW | *W EXP 03/31/202 | 250,000 | $45K | Reduce -16.7% |
| LPAAW Launch One Acquisition - 29 | *W EXP 06/01/203 | 325,000 | $44K | Add +18.2% |
| VACHW Voyager Acquisition Corp. -CW | *W EXP 05/16/203 | 345,000 | $41K | Reduce -4.8% |
| BOWNR Bowen Acquisition Corp.-RTS | RIGHT 99/99/9999 | 200,000 | $40K | Reduce -11.1% |
| FVNNR Future Vision II Acquisi-RTS | RIGHT 06/29/2029 | 275,000 | $39K | New |
| REEWF Cartesian Growth Corp. II -28 | *W EXP 07/12/202 | 499,900 | $38K | Reduce -38.9% |
| ALCWF Alchemy Investments Acqui-28 | *W EXP 11/30/202 | 415,000 | $37K | Reduce -2.1% |
| EURKR Eureka Acquisition Corp.-RTS | RIGHT 07/03/2026 | 175,000 | $35K | Reduce -12.5% |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | 150,000 | $35K | Add +30.4% |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 249,800 | $34K | Reduce -48.0% |
| WTMAR Welsbach Tech Metals Acq -RT | RIGHT 12/22/2026 | 336,606 | $34K | Reduce -18.8% |
| CSLRF Consilium Acquisition -Right | RIGHT 99/99/9999 | 217,685 | $33K | Reduce -45.6% |
| SIMAW Sim Acquisition Corp. - 29 | *W EXP 06/01/203 | 300,000 | $32K | No change |
| GODNR Golden Star Acquisitio-Right | RIGHT 03/30/2025 | 96,125 | $32K | No change |
| POLEW Andretti Acquisition Corp.-29 | *W EXP 06/01/203 | 219,971 | $32K | New |
| BRLSW Oxus Acquisition Corp. -CW23 | *W EXP 02/07/202 | 402,052 | $31K | Add +8.6% |
| LPBBW Launch Two Acquisition -29 | *W EXP 10/09/202 | 160,000 | $31K | New |
| CUBWW Lionheart Holdings - WT | *W EXP 06/07/203 | 275,000 | $30K | Reduce -8.3% |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 426,600 | $30K | Reduce -57.3% |
| SBCWW Pono Capital Two Inc. -27 | *W EXP 09/17/202 | 124,820 | $30K | Reduce -44.5% |
| DTSQR DT Cloud Star Acquisition Co. | RIGHT 07/09/2029 | 216,359 | $30K | Add +8.2% |
| JVSAR Jvspac Acquisition Corp.-RTS | RIGHT 11/26/2026 | 100,000 | $30K | No change |
| GATEW Marblegate Acquisition -CW22 | *W EXP 08/31/202 | 947,564 | $28K | Reduce -5.2% |
| SLND.WS Legato Merger Corp. II -CW23 | *W EXP 02/14/202 | 118,308 | $28K | Reduce -20.0% |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | 400,000 | $28K | Reduce -27.3% |
| SBXWF Silverbox Corp. IV-A- 29 | *W EXP 08/19/202 | 123,332 | $26K | New |
| DYCQR DT Cloud Acquisition Cor-RTS | RIGHT 02/14/2029 | 158,103 | $24K | Add +5.4% |
| TAVIR Tavia Acquisition Corp. | RIGHT 11/26/2029 | 195,400 | $23K | New |
| HPAIW Helport AI Ltd. -29 | *W EXP 03/31/202 | 100,000 | $23K | Reduce -63.6% |
| GPATW GP-Act III Acq Class A -CW27 | *W EXP 05/13/202 | 150,000 | $21K | Reduce -6.3% |
| WINVR Winvest Acquisition Corp.-RTS | RIGHT 99/99/9999 | 232,564 | $21K | Reduce -21.9% |
| BKHAR Black Hawk Acquisition C-RTS | RIGHT 06/20/2025 | 20,000 | $20K | No change |
| GLSTW Global Star Acquisition-27 A | *W EXP 07/15/202 | 650,000 | $20K | No change |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | 150,000 | $20K | Reduce -25.8% |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | 115,000 | $18K | New |
| BAYAR Bayview Acquisition Corp. | RIGHT 11/17/2028 | 140,000 | $18K | No change |
| ISLWF Israel Acquisitions Corp.-28 | *W EXP 99/99/999 | 429,901 | $18K | Add +0.1% |
| CAPNR Cayson Acquisition Corp. | RIGHT 99/99/9999 | 150,000 | $18K | New |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | 110,808 | $18K | Reduce -35.2% |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | 150,000 | $17K | No change |
| EGUVF Evergreen Corporation -CW27 | *W EXP 02/08/202 | 621,256 | $17K | No change |
| RFACW RF Acquisition Corp.-CW27 | *W EXP 05/01/202 | 530,138 | $17K | No change |
| SPKWF Spark I Acquisition Corp.-28 | *W EXP 10/01/203 | 164,300 | $16K | Add +121.4% |
| HSPRF Horizon Space Acquisition-RT | RIGHT 12/27/2024 | 141,440 | $16K | No change |
| BLACR Bellevue Life Sciences-RTS | RIGHT 02/09/2028 | 125,000 | $16K | Reduce -52.6% |
| IROHR Iron Horse Acquisitions Righ | RIGHT 99/99/9999 | 57,400 | $16K | Reduce -23.5% |
| ATMVR Alphavest Acquisition Co.-RT | RIGHT 01/22/2026 | 150,000 | $16K | Reduce -38.2% |
| ALFUW Centurion Acquisition - 29 | *W EXP 05/31/203 | 108,449 | $15K | Add +7.3% |
| BUJAR Bukit Jalil Global Acquisiti | RIGHT 12/30/2024 | 149,700 | $15K | No change |
| GBBKW Global Blockchain Acq-CW27 | *W EXP 05/09/202 | 299,800 | $15K | Reduce -8.6% |
| CSLWF Consilium Acquisition -27 | *W EXP 99/99/999 | 175,000 | $14K | Reduce -12.5% |
| SMNRW Denali Capital Acq-CW27 | *W EXP 99/99/999 | 356,811 | $13K | Reduce -9.8% |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | 124,000 | $12K | Reduce -44.4% |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 250,000 | $11K | Add +73.8% |
| CLRRF Climaterock -RTS | RIGHT 10/31/2028 | 154,830 | $11K | Reduce -4.8% |
| SPWRW Sunpower Inc.-CW27 | *W EXP 07/31/202 | 100,000 | $9K | No change |
| CHEB.WS Chenghe Acquisition II - 29 | *W EXP 05/30/203 | 235,000 | $8K | Add +4.4% |
| MSSWF Metal SKY Star Acq -CW27 | *W EXP 03/31/202 | 234,940 | $8K | Reduce -0.1% |
| PPYAW Papaya Growth Opportuni-CW23 | *W EXP 12/31/202 | 405,735 | $8K | No change |
| ABPWW Atlantic Coast Acq -CW23 | *W EXP 11/12/202 | 125,000 | $8K | New |
| FORLW Four Leaf Acquisition Cor-28 | *W EXP 03/15/202 | 122,415 | $7K | Reduce -15.9% |
| TETWF Technology & Telecommuni -27 | *W EXP 04/15/202 | 404,138 | $7K | No change |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 99/99/999 | 57,499 | $7K | New |
| IVAWF Investcorp India Acquisi -27 | *W EXP 06/01/202 | 400,000 | $6K | Reduce -46.7% |
| OAKUW Oak Woods Acquisition -28 | *W EXP 99/99/999 | 125,000 | $6K | Add +13.6% |
| DSYWW Big Tree Cloud Holdings -29 | *W EXP 05/31/202 | 199,500 | $6K | Reduce -50.1% |
| HSPWF Horizon Space Acquisition-28 | *W EXP 12/27/202 | 350,000 | $5K | Add +5.0% |
| UCFIW Iron Horse Acquisition Co.-29 | *W EXP 09/30/203 | 148,567 | $5K | No change |
| WINVW Winvest Acquisition -CW23 | *W EXP 08/09/202 | 335,215 | $5K | No change |
| FTIIW Futuretech II Acq -CW27 | *W EXP 08/18/202 | 235,872 | $4K | Reduce -6.8% |
| BUJAW Bukit Jalil Global Acquis-28 | *W EXP 12/30/202 | 96,424 | $3K | Reduce -3.6% |
| ATMCW Alphatime Acquisition Cor-28 | *W EXP 03/01/202 | 185,000 | $3K | Add +8.1% |
| EMCRF Embrace Change Acq-Rights | RIGHT 10/25/2026 | 37,150 | $3K | Reduce -60.9% |
| EMCWF Embrace Change Acquisitio-26 | *W EXP 10/25/202 | 190,000 | $3K | No change |
| KVAWF Keen Vision Acquisition C-28 | *W EXP 03/15/202 | 50,000 | $2K | No change |
| DISTW Distoken Acquisition Corp.-28 | *W EXP 11/30/202 | 125,000 | $2K | No change |
| AIMWF Aimfinity Investment-CW27 | *W EXP 99/99/999 | 150,000 | $1K | Reduce -26.3% |
Lines left out (1) · $4.9M — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| MRLN Merlin Inc. | SHS CL A | 0 | $4.9M |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $3.2B.
Portfolio Sells Q3 2024 → Q4 2024
| FTW Eqv Ventures Acquisition C-A | Reduce -49.0% | 1.68% | −3.27 |
| AAM Aa Mission Acquisition Cor-A | Reduce -76.9% | 0.43% | −2.34 |
| VACH Voyager Acquisition Corp. | Reduce -58.6% | 0.84% | −2.23 |
| VLOS Velos Acquisition I Corp. | Reduce -81.0% | 0.28% | −1.95 |
| RENEF Cartesian Growth Corp. II- A | Sold out | 0.00% | −1.94 |
| USAR USA Rare Earth Inc. | Sold out | 0.00% | −1.82 |
| SBXDF Silverbox Corp. IV-A | Reduce -66.7% | 0.43% | −1.49 |
| AFJK Aimei Health Technology Co. | Sold out | 0.00% | −1.33 |
| DYCQ DT Cloud Acquisition Corp. | Reduce -50.0% | 0.66% | −1.31 |
| VCIC Vine Hill Capital Class A | Reduce -71.0% | 0.28% | −1.18 |
| CCIX Churchill Capital Corp. Ix | Reduce -70.3% | 0.29% | −1.14 |
| AITR AI Transportation Acquisitio | Sold out | 0.00% | −1.14 |
| BKHA Black Hawk Acquisition Cor-A | Sold out | 0.00% | −1.09 |
| LPAA Launch One Acquisition Corp. | Reduce -57.1% | 0.42% | −1.06 |
| FRNM Freenome Inc. | Reduce -39.8% | 0.71% | −1.05 |
| JVSA Jvspac Acquisition Corp. Class A | Reduce -50.3% | 0.51% | −1.03 |
| GLACF Global Lights Acquisition Co. | Sold out | 0.00% | −0.97 |
| CUB Lionheart Holdings Class A | Sold out | 0.00% | −0.95 |
| BSIIU Black Spade Acquisition II C | Sold out | 0.00% | −0.95 |
| YHNAU YHN Acquisition I Ltd. | Sold out | 0.00% | −0.85 |
| BFACF Battery Future Acquisition-A | Sold out | 0.00% | −0.82 |
| FVN Future Vision II Acquisition | Reduce -33.3% | 0.56% | −0.71 |
| TONT Graf Global Corp. Class A | Sold out | 0.00% | −0.64 |
| SIMA Sim Acquisition Corp. I-A | Sold out | 0.00% | −0.64 |
| SVIIF Spring Valley Acquisition-A | Sold out | 0.00% | −0.60 |
| ALPHATIME ACQUISITION CORP | Sold out | 0.00% | −0.59 |
| ISRLF Israel Acquisitions Corp. Class A | Sold out | 0.00% | −0.59 |
| HONDU HCM II Acquisition Corp. | Sold out | 0.00% | −0.53 |
| BOWN Bowen Acquisition Corp. | Sold out | 0.00% | −0.46 |
| RCFAF Perception Capital Corp. IV | Sold out | 0.00% | −0.39 |
| NETD Nabors Energy Transition C-A | Sold out | 0.00% | −0.34 |
| POLE Andretti Acquisition Corp. Class A | Reduce -17.1% | 0.41% | −0.34 |
| MARA Mara Holdings Inc. | Reduce -1.1% | 0.51% | −0.24 |
| BITCOIN DEPOT INC | Reduce -9.3% | 0.29% | −0.18 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.15 |
| SAVEQ Spirit Airlines Inc. | Sold out | 0.00% | −0.05 |
| DTI Drilling Tools International | Reduce -14.3% | 0.03% | −0.03 |
| BURTECH ACQUISITION CORP | Sold out | 0.00% | −0.03 |
| BTDR Bitdeer Technologies Group-A | Sold out | 0.00% | −0.02 |
| NORTHVIEW ACQUISITION CORP | Sold out | 0.00% | −0.01 |
| ABPWW Atlantic Coastal Aqstn Corp. | Sold out | 0.00% | −0.00 |
| REAL The Realreal Inc. | Reduce -58.7% | 0.04% | −0.00 |
| AMODW Insight Acquisition Corp. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| BA The Boeing Co. | New | 9.79% | +9.79 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 6.17% | +6.17 |
| GSRTU GSR III Acquisition Corp. | New | 4.89% | +4.89 |
| DRDBU Roman DBDR Acquisition Corp. | New | 2.80% | +2.80 |
| MSTR Strategy Inc. | Add +1.2% | 20.38% | +2.67 |
| CLSK Cleanspark Inc. | New | 2.40% | +2.40 |
| JACS.U Jackson Acquisition Co. II | New | 2.40% | +2.40 |
| FACTU Fact II Acquisition Corp. | New | 1.96% | +1.96 |
| ALDF Aldel Financial II Inc. | New | 1.95% | +1.95 |
| WLACU Willow Lane Acquisition Corp. | New | 1.54% | +1.54 |
| OACC Oaktree Acquisition Corp. I-A | New | 1.54% | +1.54 |
| CCIR Cohen Circle Acquisitio Class A | New | 1.41% | +1.41 |
| MLACU Mountain Lake Acquisition Co. | New | 1.25% | +1.25 |
| BEAG Bold Eagle Acquisition Cor-A | New | 1.25% | +1.25 |
| NTWOU Newbury Street II Acquisitio | New | 1.24% | +1.24 |
| TAVIU Tavia Acquisition Corp. | New | 1.20% | +1.20 |
| TDACU Translational Development Ac | New | 1.06% | +1.06 |
| APLD Applied Digital Corp. | New | 0.93% | +0.93 |
| DYNC Dynamix Corp. | New | 0.69% | +0.69 |
| LPBB Launch Two Acquisition Class A | New | 0.56% | +0.56 |
| HSPTU Horizon Space Acquisition II | New | 0.49% | +0.49 |
| RANGU Range Capital Acquisition Co. | New | 0.49% | +0.49 |
| PGACU Pantages Capital Acquisition | New | 0.45% | +0.45 |
| CHAR Charlton Aria Acquisiti Class A | New | 0.35% | +0.35 |
| DDOG Datadog Inc. Class A | New | 0.31% | +0.31 |
| CHTR Charter Communications Inc. Class A | New | 0.26% | +0.26 |
| WOLF Wolfspeed Inc. | New | 0.05% | +0.05 |
| ADGM Adagio Medical Holdings Inc. | Add +41.1% | 0.06% | −0.10 |
| NEE Nextera Energy Inc. | Add +12.9% | 22.11% | −12.76 |
Options Activity Q3 2024 → Q4 2024
| MSTR Strategy Inc. | put | Reduce -15.4% | 1,097,000 | $317.7M |
| PCT Purecycle Technologies Inc. | put | New | 375,000 | $130.7M |
| NEE Nextera Energy Inc. | call | Add +54.1% | 1,375,000 | $98.6M |
| WEC WEC Energy Group Inc. | put | Sold out | 250,000 | $24.0Mbefore exit |
| WOLF Wolfspeed Inc. | put | Add +42.9% | 2,500,000 | $16.6M |
| BTDR Bitdeer Technologies Group-A | put | Add +400.0% | 625,000 | $13.5M |
| SAVEQ Spirit Airlines Inc. | put | Sold out | 3,557,200 | $8.5Mbefore exit |
| SMCI Super Micro Computer Inc. | call | New | 100,000 | $3.0M |
| REAL The Realreal Inc. | put | New | 250,000 | $2.7M |
| MARA Mara Holdings Inc. | put | Reduce -7.6% | 150,000 | $2.5M |
| PCRX Pacira Biosciences Inc. | call | New | 125,000 | $2.4M |
| PSEC Prospect Capital Corp. | put | Add +552.7% | 250,000 | $1.1M |
| NOVAQ Sunnova Energy International | put | Sold out | 100,000 | $974Kbefore exit |
| DDD 3D Systems Corp. | put | Sold out | 107,200 | $304Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | Reduce -40.1% | 100,000,000 | $366.0M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Add +52.3% | 167,500,000 | $219.6M |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | Reduce -0.7% | 60,952,000 | $174.4M |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | New | 2,500,000 | $154.7M |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | Reduce -2.6% | 165,000,000 | $146.3M |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | Add +54.4% | 139,000,000 | $146.1M |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | Add +20.0% | 117,000,000 | $131.0M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Add +113.0% | 122,500,000 | $125.6M |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | Add +291.7% | 117,500,000 | $118.0M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | New | 100,000,000 | $108.7M |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | New | 112,271,000 | $108.1M |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Add +18.8% | 95,026,000 | $96.9M |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | Add +126.2% | 62,200,000 | $96.3M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | New | 1,433,687 | $80.8M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | Add +263.4% | 72,684,000 | $77.2M |
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | New | 75,108,000 | $74.4M |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | Add +66.0% | 57,000,000 | $66.9M |
| HCI GROUP INC (HCI 4.75 06/01/42) | NOTE 4.750% 6/0 · principal | Add +0.4% | 42,500,000 | $65.4M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | New | 650,000 | $56.6M |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | Sold out | 50,000,000 | $51.7Mbefore exit |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Reduce -18.7% | 54,900,000 | $51.4M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Sold out | 35,000,000 | $50.2Mbefore exit |
| ZILLOW GROUP INC (Z 1.375 09/01/26) | NOTE 1.375% 9/0 · principal | Sold out | 37,051,000 | $49.8Mbefore exit |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | New | 918,874 | $44.9M |
| MAGNITE INC (MGNI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Add +24.4% | 40,850,000 | $38.1M |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | New | 34,500,000 | $37.8M |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | New | 27,500,000 | $32.2M |
| SPIRIT AIRLINES INC (SAVE 1 05/15/26) | NOTE 1.000% 5/1 · principal | Sold out | 105,750,000 | $32.0Mbefore exit |
| KIMCO REALTY CORP (KIM 7.25 PERP N) | DP CV CL N 7.25% | Add +68.4% | 442,117 | $27.5M |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | New | 27,500,000 | $27.2M |
| 3D SYSTEMS CORP (DDD 0 11/15/26) | NOTE 11/1 · principal | Sold out | 30,000,000 | $25.1Mbefore exit |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | New | 434,000 | $21.7M |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | New | 22,500,000 | $20.7M |
| WORKIVA INC (WK 1.125 08/15/26) | NOTE 1.125% 8/1 · principal | Reduce -6.7% | 14,000,000 | $19.8M |
| ATLANTICA JERSEY LTD (AY 4 07/15/25) | NOTE 4.000% 7/1 · principal | Sold out | 20,000,000 | $19.7Mbefore exit |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | Sold out | 22,500,000 | $19.3Mbefore exit |
| THE REALREAL INC (REAL 1 03/01/28) | NOTE 1.000% 3/0 · principal | Reduce -33.0% | 22,500,000 | $17.4M |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | Add +27.0% | 20,640,000 | $17.3M |
| DYNAVAX TECHNOLOGIES (DVAX 2.5 05/15/26) | NOTE 2.500% 5/1 · principal | New | 10,000,000 | $13.1M |
| STANDARD BIOTOOLS INC (LAB 5.25 12/01/24) | NOTE 5.250%12/0 · principal | Sold out | 12,500,000 | $12.6Mbefore exit |
| BITDEER TECHNOLOGIES GRP (BTDR 8.5 08/15/29) | NOTE 8.500% 8/1 · principal | New | 4,183,000 | $11.3M |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | Sold out | 16,750,000 | $10.8Mbefore exit |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | Add +2.5% | 70,000,000 | $10.5M |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | New | 7,500,000 | $10.1M |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 03/15/25) | NOTE 1.250% 3/1 · principal | Sold out | 5,655,000 | $9.1Mbefore exit |
| CTO REALTY GROWTH INC (CTO 3.875 04/15/25 *) | NOTE 3.875% 4/1 · principal | New | 6,189,000 | $8.8M |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | Sold out | 9,500,000 | $8.8Mbefore exit |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | New | 6,500,000 | $8.0M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | New | 5,675,000 | $5.8M |
| THE REALREAL INC (REAL 3 06/15/25) | NOTE 3.000% 6/1 · principal | Add +73.4% | 5,196,000 | $5.1M |
Showing the first 50 of 223.
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 | 262 | $877.1M | KKR, BOX, SO, BTDR, GSRVU |
| Q1 2026 | 233 | $899.9M | KKR, BA, SO, BOX, NEE |
| Q4 2025 | 184 | $761.2M | BA, MCHP, NEE, ZTS, DDOG |
| Q3 2025 | 140 | $527.8M | IREN, WOLF, BTDR, MCHP, OTGAU |
| Q2 2025 | 107 | $378.1M | NEE, MCHP, GTEN, BLUWU, JENA.U |
| Q1 2025 | 46 | $285.1M | NEE, BA, LOKVU, MSTR, RAC.U |
| Q4 2024 | 51 | $356.0M | NEE, MSTR, BA, SPY, GSRTU |
| Q3 2024Amended | 51 | $235.7M | NEE, MSTR, FTW.U, VACHU, AAM |
| Q2 2024 | 69 | $261.0M | NEE, PANW, RRACF, RENEF, USAR |
| Q1 2024Amended | 72 | $245.7M | MSTR, NEE, SOFI, LEGT.U, RENEF |