Ssi Investment Management LLC

Name: SSI INVESTMENT MANAGEMENT LLC 13F holdings, Q2 2026
Creator: SSI INVESTMENT MANAGEMENT LLC
Published: 2026-08-10

Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 10, 2026), Ssi Investment Management LLC reported 70 stock positions worth $290.8 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 33.8% of the portfolio, followed by Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 5.2%) and SS SPDR P High Yield ETF (SPHY, 4.7%). Compared with Q1 2026, it opened 10 new positions, sold out of 159, added to 5 and reduced 12. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +33%) and the biggest sale an exit from Western Digital Corp. (wdc 3 11/15/28).

Most Recent 13F: Q2 2026
Location: Los Angeles, CA
CIK: 0000938487
Portfolio Value: $290.8M (Q2 2026)
SEC Filing: 0001172661-26-003227 ↗ filed Aug 10, 2026

Holdings Value

Holdings 70 stocks · $290.8M


IVV iShares Core S&P 500 ETF	33.85%	131,439	$98.4M	Add +33.4%
LQD Ishr Ibx Usd Invgd CB ETF-Ui	5.16%	137,523	$15.0M	Reduce -24.9%
SPHY SS SPDR P High Yield ETF	4.71%	584,134	$13.7M	Add +125.5%
JAAA Janus Henderson Aaa Clo ETF	4.54%	261,341	$13.2M	Add +21.6%
JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F	4.03%	231,534	$11.7M	Reduce -25.0%
RSP Invesco S&P 500 Equal Weight	3.59%	49,066	$10.4M	Reduce -0.7%
JIVE JPM Interntl Value ETF filed as J P MORGAN EXCHANGE TRADED F	3.45%	108,997	$10.0M	New
VXUS Vanguard Total Intl Stock	3.17%	107,798	$9.2M	Reduce -2.5%
ICVT iShares Convertible Bond ETF	2.96%	70,831	$8.6M	Reduce -37.9%
IEMG iShares Core MSCI Emerging	2.90%	101,970	$8.4M	Reduce -28.5%
IYW iShares Ustechnology ETF	2.58%	29,758	$7.5M	Add +0.5%
BUFR FT Vest Lad Buffervetf-Usd I	2.50%	198,785	$7.3M	Reduce -22.8%
ACWX iShares MSCI Acwi Ex US ETF	2.36%	90,018	$6.9M	Reduce -15.7%
JBBB Janus Henderson B-BBB Clo Et	2.17%	133,209	$6.3M	New
CARY Angel Oak Income ETF	2.13%	298,053	$6.2M	New
IWM iShares Russell 2000 ETF	2.10%	20,290	$6.1M	Reduce -0.6%
IEF iShares 7-10 Year Treasury B	1.75%	53,724	$5.1M	Reduce -42.7%
KBWB Invesco KBW Bank ETF	1.74%	54,391	$5.1M	New
NVDA Nvidia Corp.	1.37%	19,923	$4.0M	No change
GOOGL Alphabet Inc. Class A	1.10%	8,975	$3.2M	No change
WDC Western Digital Corp.	1.10%	4,988	$3.2M	New
AAPL Apple Inc.	1.06%	10,656	$3.1M	No change
MSFT Microsoft Corp.	0.85%	6,643	$2.5M	No change
EWJ iShares MSCI Japan ETF	0.81%	25,402	$2.4M	Add +1.4%
AMZN Amazon.com Inc.	0.69%	8,363	$2.0M	No change
AVGO Broadcom Inc.	0.49%	3,778	$1.4M	No change
META Meta Platforms Inc. Class A	0.42%	2,148	$1.2M	No change
XLU St Sr Utl SL SE SPDR ETF-Usd	0.38%	24,600	$1.1M	No change
SGOV iShares 0-3 Month Treasury B	0.32%	9,197	$926K	No change
MU Micron Technology Inc.	0.31%	784	$905K	No change
JPM JPMorgan Chase & Co.	0.31%	2,717	$889K	No change
BRK.B Berkshire Hathaway Inc. Class B	0.26%	1,535	$768K	No change
IYR iShares US Real Estate ETF	0.25%	7,047	$721K	No change
TSLA Tesla Inc.	0.21%	1,471	$619K	No change
LLY Eli Lilly & Co.	0.21%	506	$607K	No change
STX Seagate Technology Holdings	0.20%	610	$589K	New
BAC Bank of America Corp.	0.18%	9,049	$516K	No change
LRCX Lam Research Corp.	0.17%	1,156	$501K	No change
LMBS First Trust Low Duration Opp	0.17%	9,987	$497K	Reduce -0.3%
JNJ Johnson & Johnson	0.17%	1,935	$491K	No change
CSCO Cisco Systems Inc.	0.17%	4,138	$486K	No change
COST Costco Wholesale Corp.	0.17%	517	$484K	No change
WMT Walmart Inc.	0.16%	4,220	$478K	No change
V Visa Inc. Class A	0.15%	1,287	$442K	No change
XOM Exxon Mobil Corp.	0.13%	2,850	$390K	No change
ETN Eaton Corp. PLC	0.13%	904	$385K	No change
PG The Procter & Gamble Co.	0.13%	2,618	$384K	No change
UNH Unitedhealth Group Inc.	0.13%	901	$374K	No change
AGG iShares Core U.S. Aggregate	0.13%	3,720	$368K	No change
ABBV Abbvie Inc.	0.12%	1,334	$336K	No change
WFC Wells Fargo & Co.	0.12%	4,057	$335K	No change
CAT Caterpillar Inc.	0.11%	307	$327K	No change
PH Parker Hannifin Corp.	0.11%	333	$326K	No change
MA Mastercard Inc. Class A	0.11%	617	$317K	No change
BA The Boeing Co.	0.11%	1,458	$316K	No change
KO The Coca-Cola Co.	0.11%	3,853	$313K	No change
AMGN Amgen Inc.	0.10%	835	$302K	No change
UNP Union Pacific Corp.	0.10%	1,100	$299K	No change
IBB iShares Biotechnology ETF	0.10%	1,567	$298K	Reduce -95.7%
HD Home Depot Inc.	0.09%	775	$273K	No change
AMD Advanced Micro Devices	0.09%	466	$271K	New
MS Morgan Stanley	0.09%	1,196	$250K	New
CMI Cummins Inc.	0.09%	348	$248K	New
ODFL Old Dominion Freight Line	0.08%	1,133	$245K	No change
CVX Chevron Corp.	0.08%	1,443	$239K	No change
MCD McDonald's Corp.	0.08%	861	$233K	No change
KKR KKR & Co. Inc.	0.08%	2,474	$227K	No change
VLO Valero Energy Corp.	0.08%	844	$220K	No change
ICE Intercontinental Exchange Inc.	0.07%	1,721	$212K	No change
ON On Semiconductor	0.07%	2,241	$212K	New

Other holdings (178): bonds, preferreds, convertibles and warrants · $1.4B (not counted above)

Security	Class	Shares / Principal	Value	Change
WESTERN DIGITAL CORP (WDC 3 11/15/28)	NOTE 3.000%11/1 · principal	3,304,000	$55.6M	New
ALPHABET INC (GOOGL 6.25 05/15/29 A)	DEP SHS RP1/20 A	837,145	$42.0M	New
MKS INC (MKSI 1.25 06/01/30)	NOTE 1.250% 6/0 · principal	13,294,000	$39.1M	New
ALPHABET INC (GOOGL 6.25 05/15/29 B)	DEP SHS RP1/20 B	758,120	$38.0M	New
NEXTERA ENERGY CAPITAL (NEE 3 03/01/27)	NOTE 3.000% 3/0 · principal	27,511,000	$36.1M	New
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29)	NOTE 0.500% 3/0 · principal	29,088,000	$35.1M	New
BOEING CO/THE (BA 6 10/15/27)	DEP CONV PFD A	492,510	$33.4M	Add +9.6%
HP ENTERPRISE CO (HPE 7.625 09/01/27)	7.625 MAND CONV	251,620	$29.4M	Add +20.1%
LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30)	NOTE 2.875% 1/1 · principal	21,865,000	$26.1M	New
ORACLE CORP (ORCL 6.5 01/15/29 D)	6.5 DEP CUM SR D	579,355	$26.0M	Add +20.7%
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028)	NOTE 0.875%12/0 · principal	19,271,000	$23.0M	New
JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30)	NOTE 3.125% 9/1 · principal	13,388,000	$22.8M	New
SNOWFLAKE INC (SNOW 0 10/01/27)	NOTE 10/0 · principal	13,652,000	$22.7M	New
WEC ENERGY GROUP INC (WEC 4.375 06/01/27)	NOTE 4.375% 6/0 · principal	17,823,000	$21.6M	New
BANK OF AMERICA CORP (BAC 7.25 PERP L)	7.25%CNV PFD L	16,643	$20.9M	Add +2.0%
WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	16,774	$19.4M	Reduce -9.0%
ALBEMARLE CORP (ALB 7.25 03/01/27)	7.25% DEP SHS A	344,860	$19.1M	Reduce -2.4%
AKAMAI TECHNOLOGIES INC (AKAM 0.25 05/15/33)	NOTE 0.250% 5/1 · principal	12,338,000	$18.0M	New
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28)	NOTE 2.875% 3/1 · principal	15,231,000	$17.3M	New
FIRSTENERGY CORP (FE 3.875 01/15/31)	NOTE 3.875% 1/1 · principal	14,849,000	$16.5M	New
SEAGATE HDD CAYMAN (STX 3.5 06/01/28)	NOTE 3.500% 6/0 · principal	1,392,000	$16.2M	New
BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27)	UNIT 02/01/2027	64,412	$14.9M	Reduce -18.4%
MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28)	DEP SHS REPSTG	182,325	$14.0M	Add +3.4%
KKR & CO INC (KKR 6.25 03/01/28 D)	6.25 CON SER D	346,110	$13.7M	No change
SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31)	NOTE 0.250%10/0 · principal	7,996,000	$13.0M	New
RIVIAN AUTO INC (RIVN 3.625 10/15/30)	NOTE 3.625%10/1 · principal	12,173,000	$13.0M	New
PG&E CORP (PCG 4.25 12/01/27)	NOTE 4.250%12/0 · principal	12,647,000	$12.9M	New
CYBERARK SOFTWARE LTD (CYBR 0 06/15/30)	NOTE 6/1 · principal	7,716,000	$12.8M	New
EVERGY INC (EVRG 4.5 12/15/27)	NOTE 4.500%12/1 · principal	8,703,000	$12.4M	New
ALLIANT ENERGY CORP (LNT 3.25 05/30/28)	NOTE 3.250% 5/3 · principal	10,866,000	$12.0M	New
SITIME (SITM 0 06/15/31)	NOTE 6/1 · principal	10,695,000	$11.8M	New
NEXTERA ENERGY INC (NEE 7.375 02/15/29)	UNIT 02/15/2029	241,625	$11.5M	Add +4.5%
SOUTHERN CO (SO 4.5 06/15/27)	NOTE 4.500% 6/1 · principal	10,306,000	$11.4M	New
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29)	NOTE 1.125% 2/1 · principal	9,362,000	$11.1M	New
CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30)	NOTE 2.000% 3/1 · principal	8,750,000	$11.1M	New
GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30)	NOTE 3.250% 6/1 · principal	5,230,000	$10.9M	New
SUPER MICRO COMPUTER INC (SMCI 7 06/01/29)	7 DEP CM SR A WI	211,690	$10.8M	New
MACOM TECH SOLUTIONS (MTSI 0 12/15/29)	NOTE 12/1 · principal	4,701,000	$10.8M	New
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29)	NOTE 3.125% 1/1 · principal	5,989,000	$10.7M	New
REDWOOD TRUST INC (RWT 7.75 06/15/27)	NOTE 7.750% 6/1 · principal	10,375,000	$10.5M	New
NCL CORPORATION LTD (NCLH 0.875 04/15/30)	NOTE 0.875% 4/1 · principal	9,229,000	$10.3M	New
INTEGER HOLDINGS CORP (ITGR 1.875 03/15/30)	DBCV 1.875% 3/1 · principal	10,565,000	$10.2M	New
CLOUDFLARE INC (NET 0 08/15/26)	NOTE 8/1 · principal	7,784,000	$10.0M	New
CELCUITY INC (CELC 0.25 08/01/32)	NOTE 0.250% 8/0 · principal	8,609,000	$9.8M	New
MARA HOLDINGS INC (MARA 2.125 09/01/31)	NOTE 2.125% 9/0 · principal	8,754,000	$9.7M	New
PARSONS CORP (PSN 2.625 03/01/29)	NOTE 2.625% 3/0 · principal	9,807,000	$9.6M	New
DOORDASH INC (DASH 0 05/15/30)	NOTE 5/1 · principal	9,718,000	$9.6M	New
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27)	NOTE 2.250% 8/1 · principal	7,655,000	$9.5M	New
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B)	6.75 SE B PFD	255,390	$9.3M	Reduce -1.8%
VSE CORP (VSEC 5.75 02/01/29)	UNIT 02/01/2029	160,080	$9.3M	Add +25.9%
SOUTHERN CO (SO 7.125 12/15/28 A)	UNIT 12/15/2028	182,480	$9.1M	Add +6.9%
ALPHATEC HOLDINGS INC (ATEC 0.75 03/15/30)	NOTE 0.750% 3/1 · principal	9,445,000	$9.0M	New
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28)	NOTE 1.000% 8/1 · principal	6,079,000	$8.9M	New
SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28)	NOTE 3.750% 3/1 · principal	7,600,000	$8.7M	New
FLUOR CORP (FLR 1.125 08/15/29)	NOTE 1.125% 8/1 · principal	6,556,000	$8.7M	New
CLEANSPARK INC (CLSK 0 06/15/30)	NOTE 6/1 · principal	6,604,000	$8.6M	New
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27)	NOTE 2.625%12/1 · principal	5,917,000	$8.6M	New
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26)	NOTE 4.250% 8/1 · principal	6,969,000	$8.4M	New
PAGAYA TECHNOLOGIES LTD (PGY 6.125 10/01/29)	NOTE 6.125%10/0 · principal	5,250,000	$8.3M	New
QXO INC (QXO 5.5 05/15/28 B)	5.50 DEP PFD	170,255	$8.3M	Reduce -1.3%
ENOVIS CORP (ENOV 3.875 10/15/28)	NOTE 3.875%10/1 · principal	8,500,000	$8.2M	New
REVOLUTION MEDICINES INC (RVMD 0.5 05/01/33)	NOTE 0.500% 5/0 · principal	6,450,000	$8.1M	New
CLOUDFLARE INC (NET 0 06/15/30)	NOTE 6/1 · principal	6,306,000	$8.0M	New
ARROWHEAD RESEARCH CORP (ARWR 0 01/15/32)	NOTE 1/1 · principal	6,587,000	$7.9M	New
DATADOG INC (DDOG 0 12/01/29)	NOTE 12/0 · principal	5,428,000	$7.7M	New
ALARM.COM HLDGS INC (ALRM 2.25 06/01/29)	NOTE 2.250% 6/0 · principal	8,000,000	$7.6M	New
RUBRIK INC (RBRK 0 06/15/30)	NOTE 6/1 · principal	7,230,000	$7.4M	New
SPECTRUM BRANDS INC (SPB 3.375 06/01/29)	NOTE 3.375% 6/0 · principal	7,000,000	$7.3M	New
VARONIS SYSTEM INC (VRNS 1 09/15/29)	NOTE 1.000% 9/1 · principal	7,500,000	$7.3M	New
ALIGNMENT HEALTHCARE (ALHC 4.25 11/15/29)	NOTE 4.250%11/1 · principal	4,250,000	$7.2M	New
BRIDGEBIO PHARMA INC (BBIO 1.75 03/01/31)	NOTE 1.750% 3/0 · principal	4,138,000	$7.0M	New
NUTANIX INC (NTNX 0.5 12/15/29)	NOTE 0.500%12/1 · principal	7,000,000	$6.9M	New
HAEMONETICS CORP (HAE 2.5 06/01/29)	NOTE 2.500% 6/0 · principal	6,750,000	$6.8M	New
BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29)	NOTE 2.250% 2/0 · principal	6,080,000	$6.7M	New
SYNAPTICS INC (SYNA 0.75 12/01/31)	NOTE 0.750%12/0 · principal	4,386,000	$6.5M	New
SNAP INC (SNAP 0.5 05/01/30)	NOTE 0.500% 5/0 · principal	8,000,000	$6.5M	New
PPL CORPORATION (PPL 7 02/15/29)	UNIT 02/15/2029	132,750	$6.5M	No change
ETSY INC (ETSY 1 06/15/30)	NOTE 1.000% 6/1 · principal	5,567,000	$6.5M	New
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31)	NOTE 1.500% 3/0 · principal	7,109,000	$6.4M	New
EQUINOX GOLD CORP (EQXCN 4.75 10/15/28)	NOTE 4.750%10/1 · principal	3,750,000	$6.3M	New
COLLEGIUM PHARMA INC (COLL 2.875 02/15/29)	NOTE 2.875% 2/1 · principal	5,100,000	$6.3M	New
INTERDIGITAL INC (IDCC 3.5 06/01/27)	NOTE 3.500% 6/0 · principal	1,702,000	$6.2M	New
SHIFT4 PAYMENTS INC (FOUR 6 05/01/28)	6 SER A CNV PREF	100,000	$6.2M	No change
JOBY AVIATION INC (JOBY 0.75 02/15/32)	NOTE 0.750% 2/1 · principal	6,833,000	$6.2M	New
PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30)	NOTE 3.500% 3/0 · principal	6,455,000	$6.2M	New
OMNICELL INC (OMCL 1 12/01/29)	NOTE 1.000%12/0 · principal	5,750,000	$6.1M	New
WEC ENERGY GROUP INC (WEC 3.375 06/01/28)	NOTE 3.375% 6/0 · principal	5,702,000	$5.9M	New
BOX INC (BOX 1.5 09/15/29)	NOTE 1.500% 9/1 · principal	5,880,000	$5.7M	New
AEROVIRONMENT INC (AVAV 0 07/15/30)	NOTE 7/1 · principal	5,909,000	$5.6M	New
PENNYMAC CORP (PMT 8.5 06/01/29)	NOTE 8.500% 6/0 · principal	5,500,000	$5.6M	New
BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27)	NOTE 5.500% 3/1 · principal	5,604,000	$5.6M	New
BURLINGTON STORES INC (BURL 1.25 12/15/27)	NOTE 1.250%12/1 · principal	3,455,000	$5.5M	New
PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29)	NOTE 2.125% 5/1 · principal	5,500,000	$5.5M	New
NORTHERN OIL & GAS INC (NOG 3.625 04/15/29)	NOTE 3.625% 4/1 · principal	5,714,000	$5.5M	New
AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29)	NOTE 0.750%12/1 · principal	4,664,000	$5.4M	New
VERTEX INC (VERX 0.75 05/01/29)	NOTE 0.750% 5/0 · principal	6,000,000	$5.3M	New
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26)	SER A MAND CNV	87,850	$5.3M	Reduce -24.5%
PG&E CORP (PCG 6 12/01/27 A)	PFD CONV SER A	128,160	$5.3M	No change
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27)	NOTE 3.250%12/1 · principal	5,300,000	$5.2M	New
COGENT BIOSCIENCES INC (COGT 1.625 11/15/31)	NOTE 1.625%11/1 · principal	4,253,000	$5.2M	New
SOLAR EDGE TECHNOLOGIES (SEDG 2.25 07/01/29)	NOTE 2.250% 7/0 · principal	2,684,000	$5.2M	New
BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN)	MTNF 0.600% 5/2 · principal	4,075,000	$5.1M	New
IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29)	NOTE 1.500% 9/0 · principal	4,636,000	$5.1M	New
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27)	NOTE 1.000% 9/1 · principal	4,098,000	$4.9M	New
GAMESTOP CORP (GME 0 06/15/32)	NOTE 6/1 · principal	4,800,000	$4.9M	New
DEXCOM INC (DXCM 0.375 05/15/28)	NOTE 0.375% 5/1 · principal	5,153,000	$4.8M	New
MERIT MEDICAL SYSTEMS IN (MMSI 3 02/01/29)	NOTE 3.000% 2/0 · principal	4,149,000	$4.5M	New
TRIP.COM GROUP LTD (TCOM 0.75 06/15/29)	NOTE 0.750% 6/1 · principal	4,500,000	$4.4M	New
OSI SYSTEMS INC (OSIS 2.25 08/01/29)	NOTE 2.250% 8/0 · principal	3,303,000	$4.4M	New
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26)	NOTE 0.500%12/1 · principal	501,000	$4.3M	New
GOLAR LNG LTD (GLNG 2.75 12/15/30)	NOTE 2.750%12/1 · principal	3,740,000	$4.3M	New
CENTRUS ENERGY CORP (LEU 2.25 11/01/30)	NOTE 2.250%11/0 · principal	2,150,000	$4.3M	New
KOSMOS ENERGY LTD (KOS 3.125 03/15/30)	NOTE 3.125% 3/1 · principal	5,824,000	$4.2M	New
ARRAY TECHNOLOGIES INC	NOTE 2.875% 7/0 · principal	3,316,000	$4.1M	New
FRESHPET INC (FRPT 3 04/01/28)	NOTE 3.000% 4/0 · principal	3,482,000	$4.0M	New
GAMESTOP CORP (GME 0 04/01/30)	NOTE 4/0 · principal	3,798,000	$3.9M	New
FORTUNA MINING CORP (FVICN 3.75 06/30/29)	NOTE 3.750% 6/3 · principal	2,500,000	$3.8M	New
LEMAITRE VASCULAR INC (LMAT 2.5 02/01/30)	NOTE 2.500% 2/0 · principal	3,500,000	$3.7M	New
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29)	NOTE 3.500% 3/0 · principal	4,000,000	$3.7M	New
APPLIED DIGITAL CORP (APLD 2.75 06/01/30)	NOTE 2.750% 6/0 · principal	926,000	$3.7M	New
IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28)	NOTE 1.750% 6/1 · principal	2,340,000	$3.6M	New
AFFIRM HOLDINGS INC (AFRM 0 11/15/26)	NOTE 11/1 · principal	3,611,000	$3.5M	New
VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30)	NOTE 2.250% 9/1 · principal	1,772,000	$3.5M	New
COINBASE GLOBAL INC (COIN 0.25 04/01/30)	NOTE 0.250% 4/0 · principal	3,913,000	$3.5M	New
WAYFAIR INC (W 3.25 09/15/27)	NOTE 3.250% 9/1 · principal	2,246,000	$3.4M	New
ADVANCED ENERGY IND (AEIS 2.5 09/15/28)	NOTE 2.500% 9/1 · principal	1,249,000	$3.4M	New
RIOT PLATFORMS INC (RIOT 0.75 01/15/30)	NOTE 0.750% 1/1 · principal	1,692,000	$3.4M	New
CMS ENERGY CORP (CMS 3.375 05/01/28)	NOTE 3.375% 5/0 · principal	2,941,000	$3.3M	New
BLOCK INC (XYZ 0.25 11/01/27)	NOTE 0.250%11/0 · principal	3,459,000	$3.3M	New
DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28)	NOTE 3/1 · principal	3,500,000	$3.3M	New
VIRIDIAN THERAPEUTICS INC	NOTE 1.750% 5/1 · principal	3,000,000	$3.2M	New
FIRSTENERGY CORP (FE 3.625 01/15/29)	NOTE 3.625% 1/1 · principal	2,804,000	$3.1M	New
PEABODY ENERGY CORP (BTU 3.25 03/01/28)	NOTE 3.250% 3/0 · principal	2,100,000	$2.8M	New
ZIFF DAVIS INC (ZD 3.625 03/01/28)	DEBT 3.625% 3/0 · principal	2,792,000	$2.8M	New
FIVE9 INC (FIVN 1 03/15/29)	NOTE 1.000% 3/1 · principal	3,000,000	$2.7M	New
BRUKER CORP (BRKR 6.375 09/01/28)	6.375 PREF SER A	6,000	$2.7M	No change
REPLIGEN CORP (RGEN 1 12/15/28)	NOTE 1.000%12/1 · principal	2,555,000	$2.6M	New
CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29)	NOTE 5.125%11/1 · principal	2,500,000	$2.6M	New
UNITY SOFTWARE INC (U 0 03/15/30)	NOTE 3/1 · principal	2,202,000	$2.5M	New
CONMED CORP (CNMD 2.25 06/15/27)	NOTE 2.250% 6/1 · principal	2,500,000	$2.4M	New
SUNRUN INC (RUN 4 03/01/30)	NOTE 4.000% 3/0 · principal	2,000,000	$2.4M	New
MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30)	NOTE 0.750% 6/0 · principal	2,143,000	$2.4M	New
NEXTERA ENERGY INC (NEE 7.299 06/01/27)	UNIT 06/01/2027	40,960	$2.2M	Reduce -3.3%
PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26)	NOTE 1.750%12/1 · principal	2,156,000	$2.1M	New
TETRA TECH INC (TTEK 2.25 08/15/28)	DBCV 2.250% 8/1 · principal	1,847,000	$1.9M	New
POST HOLDINGS INC (POST 2.5 08/15/27)	NOTE 2.500% 8/1 · principal	1,807,000	$1.9M	New
PINNACLE WEST CAPITAL (PNW 4.75 06/15/27)	NOTE 4.750% 6/1 · principal	1,508,000	$1.8M	New
RAPID7 INC (RPD 1.25 03/15/29)	NOTE 1.250% 3/1 · principal	2,000,000	$1.7M	New
INNOVIVA INC (INVA 2.125 03/15/28)	NOTE 2.125% 3/1 · principal	1,523,000	$1.6M	New
ZIFF DAVIS INC (ZD 1.75 11/01/26)	NOTE 1.750%11/0 · principal	1,650,000	$1.6M	New
HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27)	NOTE 0.250% 3/0 · principal	1,300,000	$1.4M	New
RIVIAN AUTO INC (RIVN 4.625 03/15/29)	NOTE 4.625% 3/1 · principal	1,079,000	$1.3M	New
LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28)	NOTE 0.500% 6/1 · principal	195,000	$1.3M	New
WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30)	NOTE 3.250% 1/1 · principal	1,270,000	$1.2M	New
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27)	NOTE 0.375% 9/0 · principal	784,000	$939K	New
T1 ENERGY INC (TE 5.25 12/01/30)	NOTE 5.250%12/0 · principal	500,000	$855K	New
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27)	NOTE 2.500% 3/1 · principal	398,000	$708K	New
SOUTHERN CO (SO 3.25 06/15/28)	NOTE 3.250% 6/1 · principal	605,000	$611K	New
GUARDANT HEALTH INC (GH 1.25 02/15/31)	DEBT 1.250% 2/1 · principal	227,000	$570K	New
MARA HOLDINGS INC (MARA 0 03/01/30)	NOTE 3/0 · principal	534,000	$534K	New
CYTOKINETICS INC (CYTK 3.5 07/01/27)	NOTE 3.500% 7/0 · principal	308,000	$523K	New
GUARDANT HEALTH INC (GH 0 11/15/27)	NOTE 11/1 · principal	407,000	$506K	New
CIPHER DIGITAL INC (CIFR 1.75 05/15/30)	NOTE 1.750% 5/1 · principal	87,000	$488K	New
SNOWFLAKE INC (SNOW 0 10/01/29)	NOTE 10/0 · principal	263,000	$465K	New
ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27)	NOTE 2.500% 7/1 · principal	335,000	$417K	New
SEMTECH CORP (SMTC 1.625 11/01/27)	NOTE 1.625%11/0 · principal	87,000	$376K	New
TRAVERE THERAPEUTICS INC (TVTX 0.5 05/15/32)	NOTE 0.500% 5/1 · principal	305,000	$358K	New
ITRON INC (ITRI 1.375 07/15/30)	NOTE 1.375% 7/1 · principal	354,000	$353K	New
NIO INC (NIO 4.625 10/15/30)	NOTE 4.625%10/1 · principal	265,000	$265K	New
WORKIVA INC (WK 1.25 08/15/28)	NOTE 1.250% 8/1 · principal	284,000	$265K	New
SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27)	NOTE 0.500% 8/0 · principal	273,000	$260K	New
GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29)	NOTE 1.250%11/0 · principal	257,000	$247K	New
ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28)	NOTE 1.000%12/0 · principal	256,000	$237K	New
GREENBRIER COS INC (GBX 2.875 04/15/28)	NOTE 2.875% 4/1 · principal	205,000	$234K	New
UGI CORP (UGI 5 06/01/28)	NOTE 5.000% 6/0 · principal	145,000	$194K	New
MERITAGE HOMES CORP (MTH 1.75 05/15/28)	NOTE 1.750% 5/1 · principal	185,000	$191K	New
JD.COM INC (JD 0.25 06/01/29)	NOTE 0.250% 6/0 · principal	180,000	$177K	New
DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26)	NOTE 12/0 · principal	33,000	$37K	New

Total filed on the 13F, all lines: $1.7B.

Portfolio Sells Q1 2026 → Q2 2026


WESTERN DIGITAL CORP (WDC 3 11/15/28)	Sold out	0.00%	−4.63
NEXTERA ENERGY CAPITAL (NEE 3 03/01/27)	Sold out	0.00%	−3.31
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028)	Sold out	0.00%	−2.01
LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30)	Sold out	0.00%	−1.91
MKS INC (MKSI 1.25 06/01/30)	Sold out	0.00%	−1.79
WEC ENERGY GROUP INC (WEC 4.375 06/01/27)	Sold out	0.00%	−1.78
JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30)	Sold out	0.00%	−1.65
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28)	Sold out	0.00%	−1.47
PG&E CORP (PCG 4.25 12/01/27)	Sold out	0.00%	−1.47
STRATEGY INC (MSTR 0 03/01/30)	Sold out	0.00%	−1.39
VENTAS REALTY LP (VTR 3.75 06/01/26)	Sold out	0.00%	−1.37
SNOWFLAKE INC (SNOW 0 10/01/27)	Sold out	0.00%	−1.35
ASCENDIS PHARMA A/S (ASND 2.25 04/01/28)	Sold out	0.00%	−1.31
ADVANCED ENERGY IND (AEIS 2.5 09/15/28)	Sold out	0.00%	−1.18
EQUINOX GOLD CORP (EQXCN 4.75 10/15/28)	Sold out	0.00%	−1.18
SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28)	Sold out	0.00%	−1.11
ON SEMICONDUCTOR CORP (ON 0 05/01/27)	Sold out	0.00%	−1.09
CLOUDFLARE INC (NET 0 08/15/26)	Sold out	0.00%	−1.00
EVERGY INC (EVRG 4.5 12/15/27)	Sold out	0.00%	−0.97
RIVIAN AUTO INC (RIVN 3.625 10/15/30)	Sold out	0.00%	−0.96
SOUTHERN CO (SO 4.5 06/15/27)	Sold out	0.00%	−0.95
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29)	Sold out	0.00%	−0.94
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29)	Sold out	0.00%	−0.87
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29)	Sold out	0.00%	−0.85
ALIBABA GROUP HOLDING (BABA 0.5 06/01/31)	Sold out	0.00%	−0.83
SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31)	Sold out	0.00%	−0.83
SEAGATE HDD CAYMAN (STX 3.5 06/01/28)	Sold out	0.00%	−0.82
INTEGER HOLDINGS CORP (ITGR 1.875 03/15/30)	Sold out	0.00%	−0.81
REDWOOD TRUST INC (RWT 7.75 06/15/27)	Sold out	0.00%	−0.81
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29)	Sold out	0.00%	−0.80
MACOM TECH SOLUTIONS (MTSI 0 12/15/29)	Sold out	0.00%	−0.80
AEROVIRONMENT INC (AVAV 0 07/15/30)	Sold out	0.00%	−0.74
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31)	Sold out	0.00%	−0.73
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27)	Sold out	0.00%	−0.73
GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30)	Sold out	0.00%	−0.72
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26)	Sold out	0.00%	−0.68
SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28)	Sold out	0.00%	−0.67
PARSONS CORP (PSN 2.625 03/01/29)	Sold out	0.00%	−0.65
CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30)	Sold out	0.00%	−0.65
CELCUITY INC (CELC 2.75 08/01/31)	Sold out	0.00%	−0.65
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28)	Sold out	0.00%	−0.64
STRATEGY INC (MSTR 0.875 03/15/31)	Sold out	0.00%	−0.62
AFFIRM HOLDINGS INC (AFRM 0 11/15/26)	Sold out	0.00%	−0.60
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27)	Sold out	0.00%	−0.59
BRIDGEBIO PHARMA INC (BBIO 1.75 03/01/31)	Sold out	0.00%	−0.58
ARROWHEAD RESEARCH CORP (ARWR 0 01/15/32)	Sold out	0.00%	−0.56
BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29)	Sold out	0.00%	−0.56
COINBASE GLOBAL INC (COIN 0.25 04/01/30)	Sold out	0.00%	−0.56
ENOVIS CORP (ENOV 3.875 10/15/28)	Sold out	0.00%	−0.56
INTERDIGITAL INC (IDCC 3.5 06/01/27)	Sold out	0.00%	−0.55

Portfolio Buys Q1 2026 → Q2 2026


IVV iShares Core S&P 500 ETF	Add +33.4%	33.85%	+28.52
SPHY SS SPDR P High Yield ETF	Add +125.5%	4.71%	+4.21
JAAA Janus Henderson Aaa Clo ETF	Add +21.6%	4.54%	+3.64
JIVE JPM Interntl Value ETF	New	3.45%	+3.45
JBBB Janus Henderson B-BBB Clo Et	New	2.17%	+2.17
IYW iShares Ustechnology ETF	Add +0.5%	2.58%	+2.14
CARY Angel Oak Income ETF	New	2.13%	+2.13
KBWB Invesco KBW Bank ETF	New	1.74%	+1.74
WDC Western Digital Corp.	New	1.10%	+1.10
EWJ iShares MSCI Japan ETF	Add +1.4%	0.81%	+0.64
STX Seagate Technology Holdings	New	0.20%	+0.20
AMD Advanced Micro Devices	New	0.09%	+0.09
MS Morgan Stanley	New	0.09%	+0.09
CMI Cummins Inc.	New	0.09%	+0.09
ON On Semiconductor	New	0.07%	+0.07

Notes & Other Activity Q1 2026 → Q2 2026


WESTERN DIGITAL CORP (WDC 3 11/15/28)	NOTE 3.000%11/1 · principal	New	3,304,000	$55.6M
ALPHABET INC (GOOGL 6.25 05/15/29 A)	DEP SHS RP1/20 A	New	837,145	$42.0M
MKS INC (MKSI 1.25 06/01/30)	NOTE 1.250% 6/0 · principal	New	13,294,000	$39.1M
ALPHABET INC (GOOGL 6.25 05/15/29 B)	DEP SHS RP1/20 B	New	758,120	$38.0M
NEXTERA ENERGY CAPITAL (NEE 3 03/01/27)	NOTE 3.000% 3/0 · principal	New	27,511,000	$36.1M
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29)	NOTE 0.500% 3/0 · principal	New	29,088,000	$35.1M
BOEING CO/THE (BA 6 10/15/27)	DEP CONV PFD A	Add +9.6%	492,510	$33.4M
HP ENTERPRISE CO (HPE 7.625 09/01/27)	7.625 MAND CONV	Add +20.1%	251,620	$29.4M
LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30)	NOTE 2.875% 1/1 · principal	New	21,865,000	$26.1M
ORACLE CORP (ORCL 6.5 01/15/29 D)	6.5 DEP CUM SR D	Add +20.7%	579,355	$26.0M
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028)	NOTE 0.875%12/0 · principal	New	19,271,000	$23.0M
JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30)	NOTE 3.125% 9/1 · principal	New	13,388,000	$22.8M
SNOWFLAKE INC (SNOW 0 10/01/27)	NOTE 10/0 · principal	New	13,652,000	$22.7M
WEC ENERGY GROUP INC (WEC 4.375 06/01/27)	NOTE 4.375% 6/0 · principal	New	17,823,000	$21.6M
BANK OF AMERICA CORP (BAC 7.25 PERP L)	7.25%CNV PFD L	Add +2.0%	16,643	$20.9M
WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	Reduce -9.0%	16,774	$19.4M
ALBEMARLE CORP (ALB 7.25 03/01/27)	7.25% DEP SHS A	Reduce -2.4%	344,860	$19.1M
AKAMAI TECHNOLOGIES INC (AKAM 0.25 05/15/33)	NOTE 0.250% 5/1 · principal	New	12,338,000	$18.0M
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28)	NOTE 2.875% 3/1 · principal	New	15,231,000	$17.3M
FIRSTENERGY CORP (FE 3.875 01/15/31)	NOTE 3.875% 1/1 · principal	New	14,849,000	$16.5M
SEAGATE HDD CAYMAN (STX 3.5 06/01/28)	NOTE 3.500% 6/0 · principal	New	1,392,000	$16.2M
BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27)	UNIT 02/01/2027	Reduce -18.4%	64,412	$14.9M
MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28)	DEP SHS REPSTG	Add +3.4%	182,325	$14.0M
SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31)	NOTE 0.250%10/0 · principal	New	7,996,000	$13.0M
RIVIAN AUTO INC (RIVN 3.625 10/15/30)	NOTE 3.625%10/1 · principal	New	12,173,000	$13.0M
PG&E CORP (PCG 4.25 12/01/27)	NOTE 4.250%12/0 · principal	New	12,647,000	$12.9M
CYBERARK SOFTWARE LTD (CYBR 0 06/15/30)	NOTE 6/1 · principal	New	7,716,000	$12.8M
EVERGY INC (EVRG 4.5 12/15/27)	NOTE 4.500%12/1 · principal	New	8,703,000	$12.4M
ALLIANT ENERGY CORP (LNT 3.25 05/30/28)	NOTE 3.250% 5/3 · principal	New	10,866,000	$12.0M
SITIME (SITM 0 06/15/31)	NOTE 6/1 · principal	New	10,695,000	$11.8M
NEXTERA ENERGY INC (NEE 7.375 02/15/29)	UNIT 02/15/2029	Add +4.5%	241,625	$11.5M
SOUTHERN CO (SO 4.5 06/15/27)	NOTE 4.500% 6/1 · principal	New	10,306,000	$11.4M
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29)	NOTE 1.125% 2/1 · principal	New	9,362,000	$11.1M
CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30)	NOTE 2.000% 3/1 · principal	New	8,750,000	$11.1M
GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30)	NOTE 3.250% 6/1 · principal	New	5,230,000	$10.9M
SUPER MICRO COMPUTER INC (SMCI 7 06/01/29)	7 DEP CM SR A WI	New	211,690	$10.8M
MACOM TECH SOLUTIONS (MTSI 0 12/15/29)	NOTE 12/1 · principal	New	4,701,000	$10.8M
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29)	NOTE 3.125% 1/1 · principal	New	5,989,000	$10.7M
REDWOOD TRUST INC (RWT 7.75 06/15/27)	NOTE 7.750% 6/1 · principal	New	10,375,000	$10.5M
NCL CORPORATION LTD (NCLH 0.875 04/15/30)	NOTE 0.875% 4/1 · principal	New	9,229,000	$10.3M
INTEGER HOLDINGS CORP (ITGR 1.875 03/15/30)	DBCV 1.875% 3/1 · principal	New	10,565,000	$10.2M
CLOUDFLARE INC (NET 0 08/15/26)	NOTE 8/1 · principal	New	7,784,000	$10.0M
CELCUITY INC (CELC 0.25 08/01/32)	NOTE 0.250% 8/0 · principal	New	8,609,000	$9.8M
MARA HOLDINGS INC (MARA 2.125 09/01/31)	NOTE 2.125% 9/0 · principal	New	8,754,000	$9.7M
PARSONS CORP (PSN 2.625 03/01/29)	NOTE 2.625% 3/0 · principal	New	9,807,000	$9.6M
DOORDASH INC (DASH 0 05/15/30)	NOTE 5/1 · principal	New	9,718,000	$9.6M
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27)	NOTE 2.250% 8/1 · principal	New	7,655,000	$9.5M
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B)	6.75 SE B PFD	Reduce -1.8%	255,390	$9.3M
VSE CORP (VSEC 5.75 02/01/29)	UNIT 02/01/2029	Add +25.9%	160,080	$9.3M
SOUTHERN CO (SO 7.125 12/15/28 A)	UNIT 12/15/2028	Add +6.9%	182,480	$9.1M

Showing the first 50 of 174.

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	70	$290.8M	IVV, LQD, SPHY, JAAA, JMTG
Q1 2026	219	$1.2B	IVV, WESTERN DIGITAL CORP (WDC 3 11/15/28), NEXTERA ENERGY CAPITAL (NEE 3 03/01/27), UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028), LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30)
Q4 2025	68	$267.6M	IVV, LQD, VXUS, IEMG, IYW
Q3 2025	67	$264.5M	IVV, LQD, IEMG, VXUS, IYW
Q2 2025	66	$248.0M	IVV, LQD, IYW, VXUS, JAAA
Q1 2025	88	$247.2M	IVV, LQD, VXUS, IEF, JAAA
Q4 2024	89	$279.7M	IVV, VXUS, LQD, JAAA, BKLN
Q3 2024	90	$262.1M	IVV, VXUS, LQD, JAAA, IEF
Q2 2024	87	$252.8M	IVV, VXUS, LQD, FLOT, BKLN
Q1 2024	87	$252.6M	IVV, VXUS, LQD, IEF, FLOT