Ssi Investment Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Ssi Investment Management LLC reported 87 stock positions worth $252.6 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 36.7% of the portfolio, followed by Vanguard Total Intl Stock (VXUS, 6.9%) and Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 6.5%). Compared with Q4 2023, it opened 7 new positions, sold out of 3, added to 12 and reduced 65. The biggest buy was a new position in iShares 0-3 Month Treasury B (SGOV) and the biggest sale an exit from Wisdomtree Japan Hedged Eq (DXJ).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0000938487
- Portfolio Value
- $252.6M (Q1 2024)
- SEC Filing
- 0001172661-24-002291 ↗ filed May 14, 2024
Holdings Value
Holdings 87 stocks · $252.6M
| IVV iShares Core S&P 500 ETF | 36.69% | 176,265 | $92.7M | Reduce -4.5% |
| VXUS Vanguard Total Intl Stock | 6.86% | 287,428 | $17.3M | Reduce -18.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 6.47% | 150,135 | $16.4M | Add +2.4% |
| IEF iShares 7-10 Year Treasury B | 5.01% | 133,704 | $12.7M | Reduce -0.1% |
| FLOT iShares Floating Rate Bond E | 3.51% | 173,396 | $8.9M | Add +0.2% |
| LMBS First Trust Low Duration Opp | 2.67% | 139,589 | $6.7M | Add +0.2% |
| SGOV iShares 0-3 Month Treasury B | 2.50% | 62,610 | $6.3M | New |
| RSP Invesco S&P 500 Equal Weight | 2.49% | 37,118 | $6.3M | Add +0.8% |
| IWN iShares Russell 2000 Value E | 2.47% | 39,269 | $6.2M | Add +21.1% |
| IYW iShares Ustechnology ETF | 2.15% | 40,150 | $5.4M | Add +0.8% |
| CWB SS SPDR BB Conv Sec ETF | 2.14% | 73,866 | $5.4M | Reduce -0.2% |
| BKLN Invesco Senior Loan ETF | 2.11% | 252,142 | $5.3M | Add +3.7% |
| BUFR FT Vest Lad Buffervetf-Usd I | 2.05% | 185,146 | $5.2M | Add +0.4% |
| MSFT Microsoft Corp. | 1.93% | 11,595 | $4.9M | Reduce -0.8% |
| IEMG iShares Core MSCI Emerging | 1.78% | 87,148 | $4.5M | Add +1.1% |
| HDEF Xtrackers MSCI Eafe High Div | 1.44% | 147,291 | $3.6M | New |
| NVDA Nvidia Corp. | 1.16% | 3,251 | $2.9M | Reduce -4.6% |
| AAPL Apple Inc. | 1.07% | 15,756 | $2.7M | Reduce -1.2% |
| INDA iShares MSCI India ETF | 0.97% | 47,319 | $2.4M | Add +1.4% |
| AMZN Amazon.com Inc. | 0.96% | 13,419 | $2.4M | Add +6.1% |
| GOOGL Alphabet Inc. Class A | 0.92% | 15,465 | $2.3M | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 0.76% | 3,946 | $1.9M | Add +3.4% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.53% | 20,304 | $1.3M | Reduce -1.1% |
| TBF Proshares Short 20+ Treasury | 0.45% | 49,500 | $1.1M | Reduce -10.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.45% | 2,703 | $1.1M | Reduce -1.0% |
| KMB Kimberly-Clark Corp. | 0.44% | 8,685 | $1.1M | No change |
| L Loews Corp. | 0.41% | 13,232 | $1.0M | No change |
| AVGO Broadcom Inc. | 0.34% | 647 | $858K | Reduce -1.1% |
| JPM JPMorgan Chase & Co. | 0.33% | 4,217 | $845K | Reduce -1.1% |
| PG The Procter & Gamble Co. | 0.31% | 4,862 | $789K | Reduce -0.9% |
| UNH Unitedhealth Group Inc. | 0.29% | 1,481 | $733K | Reduce -1.1% |
| IWD iShares Russell 1000 Value E | 0.29% | 4,020 | $720K | No change |
| COST Costco Wholesale Corp. | 0.27% | 921 | $675K | Reduce -0.9% |
| JNJ Johnson & Johnson | 0.26% | 4,115 | $651K | Reduce -1.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.25% | 16,637 | $631K | Reduce -0.7% |
| V Visa Inc. Class A | 0.24% | 2,213 | $618K | Reduce -0.9% |
| LLY Eli Lilly & Co. | 0.23% | 736 | $573K | Reduce -1.1% |
| MRK Merck & Co. Inc. | 0.22% | 4,255 | $561K | Reduce -1.1% |
| IYR iShares US Real Estate ETF | 0.21% | 6,026 | $542K | Reduce -1.0% |
| UNP Union Pacific Corp. | 0.19% | 1,988 | $489K | Reduce -0.9% |
| MA Mastercard Inc. Class A | 0.19% | 999 | $481K | Reduce -1.0% |
| ETN Eaton Corp. PLC | 0.19% | 1,512 | $473K | Reduce -50.6% |
| AMAT Applied Materials Inc. | 0.18% | 2,234 | $461K | Reduce -0.9% |
| CRM Salesforce Inc. | 0.18% | 1,514 | $456K | Reduce -1.0% |
| ORCL Oracle Corp. | 0.18% | 3,613 | $454K | Reduce -0.9% |
| HD Home Depot Inc. | 0.17% | 1,147 | $440K | Reduce -1.1% |
| KO The Coca-Cola Co. | 0.17% | 7,116 | $435K | Reduce -1.1% |
| PEP Pepsico Inc. | 0.17% | 2,459 | $430K | Reduce -0.8% |
| ABT Abbott Laboratories | 0.17% | 3,768 | $428K | Reduce -0.9% |
| ICE Intercontinental Exchange Inc. | 0.17% | 3,114 | $428K | Reduce -1.0% |
| ABBV Abbvie Inc. | 0.17% | 2,348 | $428K | Reduce -1.3% |
| AMGN Amgen Inc. | 0.16% | 1,438 | $409K | Reduce -1.2% |
| MCD McDonald's Corp. | 0.16% | 1,444 | $407K | Reduce -1.3% |
| CSCO Cisco Systems Inc. | 0.16% | 8,030 | $401K | Reduce -0.9% |
| WFC Wells Fargo & Co. | 0.16% | 6,886 | $399K | Reduce -0.5% |
| DHI D.R. Horton Inc. | 0.15% | 2,370 | $390K | Reduce -0.7% |
| TSLA Tesla Inc. | 0.15% | 2,203 | $387K | Reduce -1.1% |
| PFE Pfizer Inc. | 0.15% | 13,494 | $374K | Reduce -1.0% |
| KKR KKR & Co. Inc. | 0.15% | 3,711 | $373K | Reduce -1.1% |
| AGG iShares Core U.S. Aggregate | 0.15% | 3,809 | $373K | Reduce -3.5% |
| DHR Danaher Corp. | 0.15% | 1,489 | $372K | Reduce -0.9% |
| CVX Chevron Corp. | 0.15% | 2,332 | $368K | Reduce -1.0% |
| CAT Caterpillar Inc. | 0.14% | 992 | $363K | Reduce -1.4% |
| TMO Thermo Fisher Scientific Inc. | 0.13% | 573 | $333K | Reduce -1.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.13% | 2,677 | $328K | Reduce -1.0% |
| UBER Uber Technologies Inc. | 0.13% | 4,173 | $321K | Reduce -1.1% |
| CMCSA Comcast Corp. Class A | 0.12% | 7,262 | $315K | Reduce -0.9% |
| ADBE Adobe Inc. | 0.12% | 603 | $304K | Reduce -1.0% |
| PH Parker Hannifin Corp. | 0.12% | 546 | $303K | Reduce -1.3% |
| ACN Accenture PLC Class A | 0.11% | 809 | $280K | Reduce -50.6% |
| NOW ServiceNow Inc. | 0.11% | 365 | $278K | Reduce -1.1% |
| MU Micron Technology Inc. | 0.11% | 2,270 | $268K | New |
| HON Honeywell International Inc. | 0.10% | 1,274 | $261K | Reduce -1.0% |
| WMT Walmart Inc. | 0.10% | 4,269 | $257K | Reduce -1.9% |
| VLO Valero Energy Corp. | 0.10% | 1,474 | $252K | New |
| LIN Linde PLC | 0.10% | 535 | $248K | Reduce -10.1% |
| BA The Boeing Co. | 0.10% | 1,285 | $248K | Reduce -1.1% |
| AIG American International Group | 0.10% | 3,128 | $245K | Reduce -1.0% |
| FWONK Liberty Media Corp. Class C | 0.09% | 3,509 | $230K | Reduce -1.0% |
| INTU Intuit Inc. | 0.09% | 352 | $229K | Reduce -0.8% |
| INTC Intel Corp. | 0.09% | 4,974 | $220K | Reduce -1.1% |
| LOW Lowe's Cos Inc. | 0.09% | 855 | $218K | New |
| LMT Lockheed Martin Corp. | 0.09% | 473 | $215K | Reduce -1.1% |
| LRCX Lam Research Corp. | 0.09% | 221 | $215K | New |
| VZ Verizon Communications Inc. | 0.08% | 4,887 | $205K | Reduce -11.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.08% | 1,985 | $201K | New |
| RIG Transocean Ltd. | 0.04% | 14,151 | $89K | Reduce -50.6% |
Other holdings (165): bonds, preferreds, convertibles and warrants · $1.1B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 18,346,000 | $35.4M | Add +0.9% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 29,212,000 | $30.2M | Add +6.5% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 20,698 | $25.0M | Add +1.3% |
| PIONEER NATURAL RESOURCE (PXD 0.25 05/15/25) | NOTE 0.250% 5/1 · principal | 8,121,000 | $23.2M | Reduce -20.7% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 17,257 | $20.6M | Add +55.9% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 320,980 | $20.6M | Reduce -2.5% |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | 14,431,000 | $19.6M | Add +82.2% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 19,921,000 | $18.4M | Reduce -0.5% |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 6,338,000 | $18.1M | Reduce -37.5% |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | 16,368,000 | $17.3M | Reduce -36.5% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 14,599,000 | $17.2M | Add +133.7% |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 15,414,000 | $16.9M | Reduce -2.1% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 14,811,000 | $16.6M | Reduce -2.9% |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 5,716,000 | $16.2M | Reduce -6.6% |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 411,585 | $16.2M | Add +0.2% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 16,096,000 | $15.8M | New |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 10,247,000 | $14.8M | New |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 14,453,000 | $14.6M | Add +46.9% |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 10,290,000 | $14.5M | Add +43.5% |
| MONGODB INC (MDB 0.25 01/15/26) | NOTE 0.250% 1/1 · principal | 7,784,000 | $13.6M | Reduce -6.3% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 14,467,000 | $13.4M | Reduce -5.5% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 17,305,000 | $13.1M | Reduce -22.6% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 12,710,000 | $12.6M | New |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 13,921,000 | $11.5M | Reduce -4.8% |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 12,315,000 | $11.4M | Reduce -10.2% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 11,828,000 | $11.2M | Reduce -4.6% |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 170,850 | $11.0M | Add +21.8% |
| CYBERARK SOFTWARE LTD (CYBR 0 11/15/24) | NOTE 11/1 · principal | 6,425,000 | $10.9M | Reduce -21.9% |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 7,401,000 | $10.8M | Reduce -17.3% |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 14,038,000 | $10.5M | Add +8.0% |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 7,648,000 | $10.4M | Reduce -45.9% |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 13,236,000 | $10.3M | Reduce -2.6% |
| PENNYMAC CORP (PMT 5.5 11/01/24) | NOTE 5.500%11/0 · principal | 10,466,000 | $10.3M | Reduce -2.4% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 10,604,000 | $10.1M | New |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | 11,208,000 | $10.0M | Add +3.9% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 11,476,000 | $9.9M | Add +43.6% |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 10,996,000 | $9.8M | Add +11.0% |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 9,358,000 | $9.7M | Reduce -2.9% |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 8,293,000 | $9.6M | Reduce -3.0% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 10,517,000 | $9.4M | Add +5.0% |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 8,114,000 | $9.3M | Add +92.6% |
| ENVESTNET INC (ENV 2.625 12/01/27) | NOTE 2.625%12/0 · principal | 8,779,000 | $9.3M | Reduce -3.5% |
| LENDINGTREE INC (TREE 0.5 07/15/25) | NOTE 0.500% 7/1 · principal | 9,757,000 | $9.0M | Reduce -19.6% |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | 9,114,000 | $8.6M | Add +12.1% |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 8,985,000 | $8.6M | Add +47.7% |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | NOTE 1.750% 2/1 · principal | 11,777,000 | $8.6M | Add +50.2% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 8,311,000 | $8.4M | Reduce -3.8% |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 9,918,000 | $8.3M | Add +11.8% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 6,254,000 | $8.2M | Add +33.6% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 9,659,000 | $8.1M | Add +26.4% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 7,921,000 | $8.0M | Reduce -0.8% |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 14,077,000 | $7.9M | Reduce -2.6% |
| RBC BEARINGS INC (RBC 5 10/15/24 A) | 5% CNV PFD SR A | 63,820 | $7.8M | Reduce -2.8% |
| MFA FINANCIAL INC (MFA 6.25 06/15/24) | NOTE 6.250% 6/1 · principal | 7,750,000 | $7.7M | No change |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 7,190,000 | $7.7M | Reduce -5.5% |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 4,256,000 | $7.6M | New |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 7,479,000 | $7.5M | Add +0.4% |
| RWT HOLDINGS INC (RWT 5.75 10/01/25) | NOTE 5.750%10/0 · principal | 7,650,000 | $7.4M | Add +155.0% |
| HUBSPOT INC (HUBS 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 3,182,000 | $7.1M | Reduce -26.6% |
| ATI INC (ATI 3.5 06/15/25) | NOTE 3.500% 6/1 · principal | 2,131,000 | $7.1M | Reduce -0.7% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 8,040,000 | $6.8M | Reduce -4.4% |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 5,359,000 | $6.8M | Reduce -1.1% |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 3,481,000 | $6.5M | Reduce -0.8% |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 6,421,000 | $6.3M | Reduce -0.8% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 5,358,000 | $6.3M | Reduce -0.8% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 5,588,000 | $6.2M | Reduce -0.8% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 104,165 | $6.1M | New |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 7,007,000 | $6.1M | Reduce -0.1% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 5,431,000 | $6.1M | Add +1012.9% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 4,986,000 | $6.1M | Add +1.6% |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 4,688,000 | $6.1M | Reduce -2.6% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 6,674,000 | $6.0M | Reduce -5.5% |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | 4,400,000 | $5.9M | Add +0.1% |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 3,741,000 | $5.9M | Reduce -23.4% |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 7,038,000 | $5.9M | New |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 4,650,000 | $5.7M | New |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 6,149,000 | $5.7M | Reduce -37.6% |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 5,629,000 | $5.6M | Reduce -30.8% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 5,804,000 | $5.3M | Add +0.3% |
| NATERA INC (NTRA 2.25 05/01/27) | NOTE 2.250% 5/0 · principal | 2,160,000 | $5.3M | Reduce -35.5% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 4,272,000 | $5.2M | Reduce -0.4% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 4,340,000 | $5.2M | New |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 4,715,000 | $5.1M | Reduce -0.8% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 4,842,000 | $4.7M | Reduce -50.6% |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | 3,750,000 | $4.7M | New |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 3,523,000 | $4.7M | Reduce -34.5% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 4,675,000 | $4.6M | Reduce -0.9% |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 8,060,000 | $4.3M | Reduce -0.6% |
| VARONIS SYSTEM INC (VRNS 1.25 08/15/25) | NOTE 1.250% 8/1 · principal | 2,642,000 | $4.2M | Reduce -0.2% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 4,224,000 | $4.2M | Reduce -0.5% |
| WISDOMTREE INC (WT 5.75 08/15/28) | NOTE 5.750% 8/1 · principal | 3,500,000 | $4.1M | New |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 5,000,000 | $4.0M | Add +30.7% |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 3,601,000 | $4.0M | Add +16.6% |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 2,768,000 | $4.0M | New |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 4,135,000 | $3.9M | Add +27.2% |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 3,600,000 | $3.7M | Reduce -44.1% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 3,552,000 | $3.7M | Reduce -0.1% |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | 1,233,000 | $3.7M | Reduce -0.5% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 3,903,000 | $3.6M | Reduce -60.1% |
| PROSPECT CAPITAL CORP (PSEC 6.375 03/01/25) | NOTE 6.375% 3/0 · principal | 3,438,000 | $3.4M | No change |
| IRONWOOD PHARMACEUTICALS (IRWD 1.5 06/15/26) | NOTE 1.500% 6/1 · principal | 3,277,000 | $3.3M | New |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 3,616,000 | $3.3M | No change |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 3,500,000 | $3.3M | Add +40.0% |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 3,572,000 | $3.3M | Reduce -13.4% |
| CHEGG INC (CHGG 0.125 03/15/25) | NOTE 0.125% 3/1 · principal | 3,500,000 | $3.3M | Add +7.7% |
| PERFICIENT INC (PRFT 0.125 11/15/26) | NOTE 0.125%11/1 · principal | 3,750,000 | $3.2M | Reduce -63.9% |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | 3,084,000 | $3.0M | New |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 3,407,000 | $3.0M | Reduce -14.3% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 2,827,000 | $3.0M | Reduce -44.3% |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | 1,750,000 | $2.9M | Reduce -12.5% |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 2,638,000 | $2.9M | Add +12.8% |
| JAZZ INVESTMENTS I LTD (JAZZ 1.5 08/15/24) | NOTE 1.500% 8/1 · principal | 2,750,000 | $2.7M | No change |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 3,000,000 | $2.7M | No change |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 2,962,000 | $2.6M | Reduce -3.3% |
| MITEK SYSTEMS INC (MITK 0.75 02/01/26) | NOTE 0.750% 2/0 · principal | 2,500,000 | $2.5M | No change |
| I3 VERTICALS LLC (IIIV 1 02/15/25) | NOTE 1.000% 2/1 · principal | 2,600,000 | $2.5M | Reduce -5.5% |
| NEUROCRINE BIOSCIENCES (NBIX 2.25 05/15/24) | NOTE 2.250% 5/1 · principal | 1,376,000 | $2.5M | Reduce -39.6% |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 2,750,000 | $2.5M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 3,000,000 | $2.4M | Add +41.2% |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | 3,000,000 | $2.3M | Add +200.0% |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | 2,400,000 | $2.3M | No change |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 2,500,000 | $2.3M | New |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 2,391,000 | $2.2M | Reduce -9.3% |
| KAMAN CORP (KAMN 3.25 05/01/24) | NOTE 3.250% 5/0 · principal | 2,067,000 | $2.1M | No change |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | 2,025,000 | $2.0M | New |
| ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | NOTE 7.500% 8/0 · principal | 2,000,000 | $2.0M | Add +534.9% |
| MESA LABORATORIES INC (MLAB 1.375 08/15/25) | NOTE 1.375% 8/1 · principal | 2,000,000 | $1.9M | Add +33.3% |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 2,036,000 | $1.9M | Reduce -78.3% |
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | 2,000,000 | $1.8M | New |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 1,850,000 | $1.8M | No change |
| EZCORP INC (EZPW 2.375 05/01/25) | NOTE 2.375% 5/0 · principal | 1,660,000 | $1.6M | No change |
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | 2,000,000 | $1.6M | No change |
| TURNING POINT BRANDS INC (TPB 2.5 07/15/24) | NOTE 2.500% 7/1 · principal | 1,500,000 | $1.5M | No change |
| COHERUS ONCOLOGY INC (CHRS 1.5 04/15/26) | NOTE 1.500% 4/1 · principal | 2,250,000 | $1.4M | Add +28.6% |
| 3D SYSTEMS CORP (DDD 0 11/15/26) | NOTE 11/1 · principal | 1,750,000 | $1.4M | New |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 1,531,000 | $1.3M | Add +85.6% |
| MICROSTRATEGY INC (MSTR 0.75 12/15/25) | NOTE 0.750%12/1 · principal | 297,000 | $1.3M | Reduce -94.2% |
| SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) | NOTE 0.250%12/0 · principal | 2,500,000 | $1.3M | Reduce -16.7% |
| PARSONS CORP (PSN 0.25 08/15/25) | NOTE 0.250% 8/1 · principal | 597,000 | $1.1M | Reduce -91.2% |
| MARCUS CORPORATION (MCS 5 09/15/25) | NOTE 5.000% 9/1 · principal | 750,000 | $1.1M | No change |
| LIBERTY LATIN AMERICA (LILAK 2 07/15/24) | NOTE 2.000% 7/1 · principal | 1,000,000 | $988K | No change |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | 893,000 | $913K | Reduce -8.8% |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | 2,000,000 | $805K | Reduce -82.8% |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 723,000 | $711K | New |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 700,000 | $649K | Reduce -8.0% |
| BILL HOLDINGS INC (BILL 0 12/01/25) | NOTE 12/0 · principal | 569,000 | $531K | Reduce -65.3% |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 583,000 | $500K | Reduce -7.6% |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 500,000 | $485K | Reduce -92.2% |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 363,000 | $477K | Reduce -2.4% |
| BURLINGTON STORES INC (BURL 2.25 04/15/25) | NOTE 2.250% 4/1 · principal | 402,000 | $470K | Reduce -0.7% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 317,000 | $466K | Reduce -11.9% |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 544,000 | $455K | Reduce -9.5% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 479,000 | $448K | Reduce -6.5% |
| UPWORK INC (UPWK 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 500,000 | $436K | Reduce -50.0% |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | 700,000 | $408K | Reduce -56.6% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 407,000 | $383K | Reduce -91.7% |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 386,000 | $338K | Reduce -9.6% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24) | NOTE 0.125%11/1 · principal | 284,000 | $301K | Reduce -10.1% |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | 152,000 | $287K | Reduce -12.6% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 260,000 | $285K | Reduce -97.3% |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 369,000 | $251K | Reduce -9.1% |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | 127,000 | $179K | Reduce -12.4% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 98,000 | $91K | Reduce -99.0% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 28,000 | $30K | No change |
| ENVISTA HOLDINGS CORP (NVST 2.375 06/01/25) | NOTE 2.375% 6/0 · principal | 10,000 | $12K | Reduce -95.8% |
Total filed on the 13F, all lines: $1.3B.
Portfolio Sells Q4 2023 → Q1 2024
| DXJ Wisdomtree Japan Hedged Eq | Sold out | 0.00% | −1.67 |
| VXUS Vanguard Total Intl Stock | Reduce -18.1% | 6.86% | −1.59 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −1.19 |
| IEF iShares 7-10 Year Treasury B | Reduce -0.1% | 5.01% | −0.35 |
| AAPL Apple Inc. | Reduce -1.2% | 1.07% | −0.21 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.16 |
| ACN Accenture PLC Class A | Reduce -50.6% | 0.11% | −0.11 |
| ETN Eaton Corp. PLC | Reduce -50.6% | 0.19% | −0.10 |
| CWB SS SPDR BB Conv Sec ETF | Reduce -0.2% | 2.14% | −0.08 |
| TSLA Tesla Inc. | Reduce -1.1% | 0.15% | −0.08 |
| RIG Transocean Ltd. | Reduce -50.6% | 0.04% | −0.05 |
| TBF Proshares Short 20+ Treasury | Reduce -10.0% | 0.45% | −0.05 |
| BA The Boeing Co. | Reduce -1.1% | 0.10% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -1.1% | 0.29% | −0.04 |
| ADBE Adobe Inc. | Reduce -1.0% | 0.12% | −0.03 |
| MCD McDonald's Corp. | Reduce -1.3% | 0.16% | −0.02 |
| INTC Intel Corp. | Reduce -1.1% | 0.09% | −0.02 |
| IYR iShares US Real Estate ETF | Reduce -1.0% | 0.21% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -3.5% | 0.15% | −0.01 |
| PFE Pfizer Inc. | Reduce -1.0% | 0.15% | −0.01 |
| JNJ Johnson & Johnson | Reduce -1.0% | 0.26% | −0.01 |
| AMGN Amgen Inc. | Reduce -1.2% | 0.16% | −0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -1.1% | 0.53% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -0.9% | 0.16% | −0.01 |
| UNP Union Pacific Corp. | Reduce -0.9% | 0.19% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -0.9% | 0.12% | −0.01 |
| HON Honeywell International Inc. | Reduce -1.0% | 0.10% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -11.7% | 0.08% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -1.1% | 0.09% | −0.00 |
| PEP Pepsico Inc. | Reduce -0.8% | 0.17% | −0.00 |
| ABT Abbott Laboratories | Reduce -0.9% | 0.17% | −0.00 |
| KO The Coca-Cola Co. | Reduce -1.1% | 0.17% | −0.00 |
| FWONK Liberty Media Corp. Class C | Reduce -1.0% | 0.09% | −0.00 |
| INTU Intuit Inc. | Reduce -0.8% | 0.09% | −0.00 |
| CVX Chevron Corp. | Reduce -1.0% | 0.15% | −0.00 |
| ICE Intercontinental Exchange Inc. | Reduce -1.0% | 0.17% | +0.00 |
| LIN Linde PLC | Reduce -10.1% | 0.10% | +0.00 |
| NOW ServiceNow Inc. | Reduce -1.1% | 0.11% | +0.00 |
| DHR Danaher Corp. | Reduce -0.9% | 0.15% | +0.00 |
| V Visa Inc. Class A | Reduce -0.9% | 0.24% | +0.00 |
| DHI D.R. Horton Inc. | Reduce -0.7% | 0.15% | +0.00 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.2% | 0.13% | +0.00 |
| WMT Walmart Inc. | Reduce -1.9% | 0.10% | +0.01 |
| HD Home Depot Inc. | Reduce -1.1% | 0.17% | +0.01 |
| AIG American International Group | Reduce -1.0% | 0.10% | +0.01 |
| MA Mastercard Inc. Class A | Reduce -1.0% | 0.19% | +0.01 |
| COST Costco Wholesale Corp. | Reduce -0.9% | 0.27% | +0.01 |
| CRM Salesforce Inc. | Reduce -1.0% | 0.18% | +0.01 |
| PG The Procter & Gamble Co. | Reduce -0.9% | 0.31% | +0.01 |
| PH Parker Hannifin Corp. | Reduce -1.3% | 0.12% | +0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| SGOV iShares 0-3 Month Treasury B | New | 2.50% | +2.50 |
| HDEF Xtrackers MSCI Eafe High Div | New | 1.44% | +1.44 |
| IWN iShares Russell 2000 Value E | Add +21.1% | 2.47% | +0.38 |
| META Meta Platforms Inc. Class A | Add +3.4% | 0.76% | +0.20 |
| AMZN Amazon.com Inc. | Add +6.1% | 0.96% | +0.16 |
| IYW iShares Ustechnology ETF | Add +0.8% | 2.15% | +0.12 |
| MU Micron Technology Inc. | New | 0.11% | +0.11 |
| VLO Valero Energy Corp. | New | 0.10% | +0.10 |
| LOW Lowe's Cos Inc. | New | 0.09% | +0.09 |
| LRCX Lam Research Corp. | New | 0.09% | +0.09 |
| TJX TJX Companies Inc. | New | 0.08% | +0.08 |
| RSP Invesco S&P 500 Equal Weight | Add +0.8% | 2.49% | +0.08 |
| INDA iShares MSCI India ETF | Add +1.4% | 0.97% | +0.02 |
| BUFR FT Vest Lad Buffervetf-Usd I | Add +0.4% | 2.05% | +0.01 |
| BKLN Invesco Senior Loan ETF | Add +3.7% | 2.11% | −0.03 |
| IEMG iShares Core MSCI Emerging | Add +1.1% | 1.78% | −0.03 |
| LMBS First Trust Low Duration Opp | Add +0.2% | 2.67% | −0.13 |
| FLOT iShares Floating Rate Bond E | Add +0.2% | 3.51% | −0.13 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +2.4% | 6.47% | −0.26 |
Notes & Other Activity Q4 2023 → Q1 2024
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | Add +0.9% | 18,346,000 | $35.4M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Add +6.5% | 29,212,000 | $30.2M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +1.3% | 20,698 | $25.0M |
| PIONEER NATURAL RESOURCE (PXD 0.25 05/15/25) | NOTE 0.250% 5/1 · principal | Reduce -20.7% | 8,121,000 | $23.2M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +55.9% | 17,257 | $20.6M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -2.5% | 320,980 | $20.6M |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | Add +82.2% | 14,431,000 | $19.6M |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | Reduce -0.5% | 19,921,000 | $18.4M |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | Reduce -37.5% | 6,338,000 | $18.1M |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | Reduce -36.5% | 16,368,000 | $17.3M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | Add +133.7% | 14,599,000 | $17.2M |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Reduce -2.1% | 15,414,000 | $16.9M |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Reduce -2.9% | 14,811,000 | $16.6M |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | Reduce -6.6% | 5,716,000 | $16.2M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Add +0.2% | 411,585 | $16.2M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | New | 16,096,000 | $15.8M |
| WESTERN DIGITAL CORP (WDC 1.5 02/01/24) | NOTE 1.500% 2/0 · principal | Sold out | 15,396,000 | $15.1Mbefore exit |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | New | 10,247,000 | $14.8M |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Add +46.9% | 14,453,000 | $14.6M |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | Add +43.5% | 10,290,000 | $14.5M |
| MONGODB INC (MDB 0.25 01/15/26) | NOTE 0.250% 1/1 · principal | Reduce -6.3% | 7,784,000 | $13.6M |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Reduce -5.5% | 14,467,000 | $13.4M |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | Reduce -22.6% | 17,305,000 | $13.1M |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | New | 12,710,000 | $12.6M |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | Reduce -4.8% | 13,921,000 | $11.5M |
| ARES CAPITAL CORP (ARCC 4.625 03/01/24) | NOTE 4.625% 3/0 · principal | Sold out | 11,037,000 | $11.4Mbefore exit |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | Reduce -10.2% | 12,315,000 | $11.4M |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Reduce -4.6% | 11,828,000 | $11.2M |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | Add +21.8% | 170,850 | $11.0M |
| CYBERARK SOFTWARE LTD (CYBR 0 11/15/24) | NOTE 11/1 · principal | Reduce -21.9% | 6,425,000 | $10.9M |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Reduce -17.3% | 7,401,000 | $10.8M |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | Add +8.0% | 14,038,000 | $10.5M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Reduce -45.9% | 7,648,000 | $10.4M |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | Reduce -2.6% | 13,236,000 | $10.3M |
| PENNYMAC CORP (PMT 5.5 11/01/24) | NOTE 5.500%11/0 · principal | Reduce -2.4% | 10,466,000 | $10.3M |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | New | 10,604,000 | $10.1M |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | Add +3.9% | 11,208,000 | $10.0M |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Add +43.6% | 11,476,000 | $9.9M |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | Add +11.0% | 10,996,000 | $9.8M |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Reduce -2.9% | 9,358,000 | $9.7M |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | Reduce -3.0% | 8,293,000 | $9.6M |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Add +5.0% | 10,517,000 | $9.4M |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Add +92.6% | 8,114,000 | $9.3M |
| ENVESTNET INC (ENV 2.625 12/01/27) | NOTE 2.625%12/0 · principal | Reduce -3.5% | 8,779,000 | $9.3M |
| LENDINGTREE INC (TREE 0.5 07/15/25) | NOTE 0.500% 7/1 · principal | Reduce -19.6% | 9,757,000 | $9.0M |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | Add +12.1% | 9,114,000 | $8.6M |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Add +47.7% | 8,985,000 | $8.6M |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | NOTE 1.750% 2/1 · principal | Add +50.2% | 11,777,000 | $8.6M |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Reduce -3.8% | 8,311,000 | $8.4M |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | Add +11.8% | 9,918,000 | $8.3M |
Showing the first 50 of 173.
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 |