Ssi Investment Management LLC

Name: SSI INVESTMENT MANAGEMENT LLC 13F holdings, Q3 2024
Creator: SSI INVESTMENT MANAGEMENT LLC
Published: 2024-11-08

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

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 8, 2024), Ssi Investment Management LLC reported 90 stock positions worth $262.1 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 33.9% of the portfolio, followed by Vanguard Total Intl Stock (VXUS, 6.7%) and Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 6.2%). Compared with Q2 2024, it opened 7 new positions, sold out of 4, added to 8 and reduced 58. The biggest buy was a new position in First Trust Smid Cap Rising (SDVY) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −12%).

Most Recent 13F: Q2 2026
Location: Los Angeles, CA
CIK: 0000938487
Portfolio Value: $262.1M (Q3 2024)
SEC Filing: 0001172661-24-004537 ↗ filed Nov 8, 2024

Holdings Value

Holdings 90 stocks · $262.1M


IVV iShares Core S&P 500 ETF	33.86%	153,853	$88.7M	Reduce -11.7%
VXUS Vanguard Total Intl Stock	6.75%	273,234	$17.7M	Reduce -1.1%
LQD Ishr Ibx Usd Invgd CB ETF-Ui	6.17%	143,123	$16.2M	Reduce -1.7%
JAAA Janus Henderson Aaa Clo ETF	4.11%	211,936	$10.8M	Add +60.7%
IEF iShares 7-10 Year Treasury B	2.72%	72,705	$7.1M	Reduce -1.4%
BKLN Invesco Senior Loan ETF	2.71%	338,206	$7.1M	Reduce -11.4%
LMBS First Trust Low Duration Opp	2.60%	137,704	$6.8M	Reduce -0.2%
IEMG iShares Core MSCI Emerging	2.51%	114,636	$6.6M	Add +35.7%
ICVT iShares Convertible Bond ETF	2.43%	76,075	$6.4M	Add +20.0%
BUFR FT Vest Lad Buffervetf-Usd I	2.06%	180,936	$5.4M	Reduce -0.4%
MSFT Microsoft Corp.	1.90%	11,580	$5.0M	Reduce -0.1%
IYW iShares Ustechnology ETF	1.84%	31,750	$4.8M	Reduce -19.5%
FLOT iShares Floating Rate Bond E	1.77%	90,939	$4.6M	Reduce -47.0%
QUAL iShares MSCI USA Quality Fac	1.67%	24,440	$4.4M	Add +0.1%
SDVY First Trust Smid Cap Rising	1.63%	117,110	$4.3M	New
IYR iShares US Real Estate ETF	1.61%	41,391	$4.2M	Add +587.7%
SHYG iShares 0-5 YR HY Corp. Bond	1.60%	96,817	$4.2M	Add +0.1%
IWN iShares Russell 2000 Value E	1.58%	24,775	$4.1M	Add +0.1%
NVDA Nvidia Corp.	1.50%	32,470	$3.9M	Reduce -0.1%
HDEF Xtrackers MSCI Eafe High Div	1.46%	142,426	$3.8M	Reduce -1.2%
AAPL Apple Inc.	1.40%	15,725	$3.7M	Reduce -0.1%
INDA iShares MSCI India ETF	1.04%	46,379	$2.7M	No change
GOOGL Alphabet Inc. Class A	0.98%	15,440	$2.6M	Reduce -0.1%
AMZN Amazon.com Inc.	0.95%	13,395	$2.5M	Reduce -0.1%
META Meta Platforms Inc. Class A	0.86%	3,942	$2.3M	Reduce -0.1%
XLU St Sr Utl SL SE SPDR ETF-Usd	0.62%	20,274	$1.6M	Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B	0.47%	2,700	$1.2M	Reduce -0.0%
KMB Kimberly-Clark Corp.	0.47%	8,685	$1.2M	No change
EWJ iShares MSCI Japan ETF	0.47%	17,196	$1.2M	New
AVGO Broadcom Inc.	0.43%	6,466	$1.1M	No change
L Loews Corp.	0.40%	13,232	$1.0M	No change
UNH Unitedhealth Group Inc.	0.33%	1,480	$865K	Reduce -0.1%
PG The Procter & Gamble Co.	0.32%	4,855	$841K	Reduce -0.1%
COST Costco Wholesale Corp.	0.31%	921	$816K	No change
JPM JPMorgan Chase & Co.	0.29%	3,647	$769K	Reduce -13.4%
IWD iShares Russell 1000 Value E	0.29%	4,020	$763K	No change
JNJ Johnson & Johnson	0.25%	4,108	$666K	Reduce -0.1%
SGOV iShares 0-3 Month Treasury B	0.25%	6,587	$663K	Add +2.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.25%	16,615	$659K	Reduce -0.1%
LLY Eli Lilly & Co.	0.25%	736	$652K	No change
ORCL Oracle Corp.	0.23%	3,607	$615K	Reduce -0.1%
V Visa Inc. Class A	0.23%	2,210	$608K	Reduce -0.1%
TSLA Tesla Inc.	0.22%	2,198	$575K	Reduce -0.1%
KO The Coca-Cola Co.	0.19%	7,106	$511K	Reduce -0.0%
ETN Eaton Corp. PLC	0.19%	1,511	$501K	Reduce -0.1%
ICE Intercontinental Exchange Inc.	0.19%	3,110	$500K	Reduce -0.1%
MA Mastercard Inc. Class A	0.19%	998	$493K	Reduce -0.1%
UNP Union Pacific Corp.	0.19%	1,986	$490K	Reduce -0.1%
KKR KKR & Co. Inc.	0.18%	3,703	$484K	Reduce -0.1%
MRK Merck & Co. Inc.	0.18%	4,248	$482K	Reduce -0.1%
HD Home Depot Inc.	0.18%	1,146	$464K	Reduce -0.1%
ABBV Abbvie Inc.	0.18%	2,345	$463K	Reduce -0.0%
AMGN Amgen Inc.	0.18%	1,437	$463K	Reduce -0.1%
DHI D.R. Horton Inc.	0.17%	2,369	$452K	Reduce -0.0%
AMAT Applied Materials Inc.	0.17%	2,232	$451K	Reduce -0.0%
MCD McDonald's Corp.	0.17%	1,443	$439K	Reduce -0.1%
ABT Abbott Laboratories	0.16%	3,763	$429K	Reduce -0.1%
CSCO Cisco Systems Inc.	0.16%	8,019	$427K	Reduce -0.1%
PEP Pepsico Inc.	0.16%	2,456	$418K	Reduce -0.1%
CRM Salesforce Inc.	0.16%	1,513	$414K	Reduce -0.1%
DHR Danaher Corp.	0.16%	1,488	$414K	Reduce -0.1%
PFE Pfizer Inc.	0.15%	13,477	$390K	Reduce -0.1%
WFC Wells Fargo & Co.	0.15%	6,872	$388K	Reduce -0.1%
AGG iShares Core U.S. Aggregate	0.15%	3,809	$386K	No change
TMO Thermo Fisher Scientific Inc.	0.14%	573	$354K	No change
PH Parker Hannifin Corp.	0.13%	546	$345K	No change
WMT Walmart Inc.	0.13%	4,255	$344K	Reduce -0.1%
CVX Chevron Corp.	0.13%	2,327	$343K	Reduce -0.1%
NOW ServiceNow Inc.	0.12%	365	$326K	No change
UBER Uber Technologies Inc.	0.12%	4,164	$313K	Reduce -0.1%
ADBE Adobe Inc.	0.12%	603	$312K	No change
CMCSA Comcast Corp. Class A	0.12%	7,249	$303K	Reduce -0.1%
ACN Accenture PLC Class A	0.11%	809	$286K	No change
LMT Lockheed Martin Corp.	0.11%	473	$276K	No change
FWONK Liberty Media Corp. Class C	0.10%	3,502	$271K	Reduce -0.1%
HON Honeywell International Inc.	0.10%	1,273	$263K	Reduce -0.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.10%	2,673	$257K	Reduce -0.1%
LIN Linde PLC	0.10%	535	$255K	No change
MSI Motorola Solutions Inc.	0.09%	527	$237K	No change
MU Micron Technology Inc.	0.09%	2,265	$235K	Reduce -0.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.09%	1,980	$233K	Reduce -0.1%
LOW Lowe's Cos Inc.	0.09%	855	$232K	New
AIG American International Group	0.09%	3,122	$229K	Reduce -0.1%
VZ Verizon Communications Inc.	0.08%	4,877	$219K	Reduce -0.1%
INTU Intuit Inc.	0.08%	352	$219K	No change
CMI Cummins Inc.	0.08%	657	$213K	New
MRSH Marsh & McLennan Cos	0.08%	921	$205K	New
NFLX Netflix Inc.	0.08%	289	$205K	New
DE Deere & Co.	0.08%	480	$200K	New
RIG Transocean Ltd.	0.02%	14,121	$60K	Reduce -0.1%

Other holdings (179): 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	15,341,000	$34.3M	Reduce -10.8%
SOUTHERN CO (SO 3.875 12/15/25)	NOTE 3.875%12/1 · principal	28,903,000	$32.1M	Add +127.4%
WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	19,981	$25.6M	Reduce -1.8%
DUKE ENERGY CORP (DUK 4.125 04/15/26)	NOTE 4.125% 4/1 · principal	22,878,000	$24.2M	Reduce -2.3%
VENTAS REALTY LP (VTR 3.75 06/01/26)	NOTE 3.750% 6/0 · principal	19,027,000	$23.1M	Reduce -2.7%
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26)	SER A MAND CNV	337,430	$23.0M	Add +8.7%
BANK OF AMERICA CORP (BAC 7.25 PERP L)	7.25%CNV PFD L	16,668	$21.2M	Reduce -1.7%
ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25)	NOTE 6.000% 8/1 · principal	4,925,000	$17.6M	Reduce -35.1%
PALO ALTO NETWORKS (PANW 0.375 06/01/25)	NOTE 0.375% 6/0 · principal	5,095,000	$17.5M	Reduce -2.8%
INSMED INC (INSM 0.75 06/01/28)	NOTE 0.750% 6/0 · principal	7,390,000	$17.0M	Reduce -13.0%
FORD MOTOR COMPANY (F 0 03/15/26)	NOTE 3/1 · principal	17,012,000	$16.6M	Reduce -41.5%
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28)	NOTE 2.875% 3/1 · principal	15,412,000	$16.3M	Add +45.3%
SEAGATE HDD CAYMAN (STX 3.5 06/01/28)	NOTE 3.500% 6/0 · principal	11,176,998	$16.0M	New
WAYFAIR INC (W 1 08/15/26)	NOTE 1.000% 8/1 · principal	17,038,000	$15.9M	Add +3.9%
SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27)	NOTE 0.500% 8/0 · principal	14,126,000	$14.5M	Reduce -0.9%
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29)	NOTE 0.500% 3/0 · principal	13,746,999	$13.9M	Reduce -2.1%
INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28)	NOTE 2.125% 2/1 · principal	8,677,000	$13.7M	Reduce -14.4%
TETRA TECH INC (TTEK 2.25 08/15/28)	DBCV 2.250% 8/1 · principal	9,867,000	$12.9M	New
AXON ENTERPRISE INC (AXON 0.5 12/15/27)	NOTE 0.500%12/1 · principal	7,168,000	$12.9M	Reduce -1.7%
AFFIRM HOLDINGS INC (AFRM 0 11/15/26)	NOTE 11/1 · principal	14,382,000	$12.7M	Reduce -0.6%
ASCENDIS PHARMA A/S (ASND 2.25 04/01/28)	NOTE 2.250% 4/0 · principal	10,737,000	$12.5M	Reduce -1.6%
GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28)	NOTE 3.750% 5/1 · principal	6,686,000	$12.0M	Reduce -1.2%
CABLE ONE INC (CABO 1.125 03/15/28)	NOTE 1.125% 3/1 · principal	14,649,000	$11.8M	Add +6.6%
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26)	NOTE 3.625% 6/1 · principal	10,982,000	$11.2M	New
CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26)	NOTE 0.375% 6/1 · principal	11,225,000	$10.6M	Add +4.2%
AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25)	NOTE 0.125% 5/0 · principal	9,430,000	$10.5M	Add +2.7%
DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28)	NOTE 3/1 · principal	12,052,000	$10.4M	Reduce -4.3%
MONGODB INC (MDB 0.25 01/15/26)	NOTE 0.250% 1/1 · principal	7,495,000	$10.3M	Reduce -2.4%
SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26)	NOTE 1.500% 2/1 · principal	10,902,000	$10.3M	Reduce -0.5%
WAYFAIR INC (W 3.25 09/15/27)	NOTE 3.250% 9/1 · principal	8,478,000	$10.2M	Reduce -0.9%
DEXCOM INC (DXCM 0.375 05/15/28)	NOTE 0.375% 5/1 · principal	11,243,000	$9.9M	Reduce -6.0%
NCL CORPORATION LTD (NCLH 1.125 02/15/27)	NOTE 1.125% 2/1 · principal	10,152,000	$9.8M	Reduce -2.4%
AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29)	NOTE 2.000% 3/1 · principal	9,226,000	$9.7M	New
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26)	NOTE 0.250% 3/1 · principal	7,704,000	$9.4M	Reduce -1.2%
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28)	NOTE 1.000% 8/1 · principal	7,883,000	$9.4M	Add +66.7%
FLUOR CORP (FLR 1.125 08/15/29)	NOTE 1.125% 8/1 · principal	7,630,000	$9.3M	New
M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26)	NOTE 0.250% 3/1 · principal	6,587,000	$9.3M	Add +26.8%
TWO HARBORS INV CORP (TWO 6.25 01/15/26)	NOTE 6.250% 1/1 · principal	9,555,000	$9.3M	Reduce -0.3%
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29)	NOTE 4.000% 5/0 · principal	6,258,000	$9.2M	Reduce -0.6%
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27)	NOTE 2.250% 8/1 · principal	8,262,000	$9.1M	Reduce -2.5%
PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26)	NOTE 1.750%12/1 · principal	9,617,000	$8.8M	Reduce -7.5%
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27)	NOTE 1.000% 9/1 · principal	7,353,000	$8.6M	Add +37.7%
NATERA INC (NTRA 2.25 05/01/27)	NOTE 2.250% 5/0 · principal	2,567,000	$8.5M	Reduce -35.8%
AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25)	NOTE 6.500% 7/0 · principal	8,199,000	$8.4M	Reduce -5.5%
NUTANIX INC (NTNX 0.25 10/01/27)	NOTE 0.250%10/0 · principal	7,020,000	$8.4M	Reduce -23.1%
IMPINJ INC (PI 1.125 05/15/27)	NOTE 1.125% 5/1 · principal	4,127,000	$8.2M	Reduce -0.8%
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26)	NOTE 4.250% 8/1 · principal	8,144,000	$8.2M	New
FRESHPET INC (FRPT 3 04/01/28)	NOTE 3.000% 4/0 · principal	3,900,000	$8.1M	Reduce -8.0%
DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26)	NOTE 12/0 · principal	9,178,000	$8.1M	Reduce -20.0%
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27)	NOTE 1.250% 9/1 · principal	7,110,998	$8.1M	Reduce -2.6%
BURLINGTON STORES INC (BURL 1.25 12/15/27)	NOTE 1.250%12/1 · principal	5,674,000	$8.0M	New
LENDINGTREE INC (TREE 0.5 07/15/25)	NOTE 0.500% 7/1 · principal	8,477,000	$7.9M	Reduce -4.0%
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27)	NOTE 2.625%12/1 · principal	5,076,999	$7.9M	Reduce -7.9%
EQUINOX GOLD CORP (EQXCN 4.75 10/15/28)	NOTE 4.750%10/1 · principal	6,084,000	$7.6M	New
RWT HOLDINGS INC (RWT 5.75 10/01/25)	NOTE 5.750%10/0 · principal	7,650,000	$7.5M	No change
ALBEMARLE CORP (ALB 7.25 03/01/27)	7.25% DEP SHS A	163,120	$7.3M	Reduce -15.9%
AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29)	NOTE 3.875% 8/1 · principal	7,667,000	$7.2M	New
CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B)	6.75DP CNV PFD B	140,520	$7.1M	Reduce -6.1%
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25)	NOTE 1.250% 5/0 · principal	6,976,000	$7.0M	Reduce -51.7%
ZILLOW GROUP INC (Z 1.375 09/01/26)	NOTE 1.375% 9/0 · principal	4,707,000	$6.9M	Add +125.7%
ADVANCED ENERGY IND (AEIS 2.5 09/15/28)	NOTE 2.500% 9/1 · principal	6,476,999	$6.8M	New
LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29)	NOTE 1.500%12/1 · principal	5,848,000	$6.8M	Reduce -0.8%
CNX RESOURCES CORP (CNX 2.25 05/01/26)	NOTE 2.250% 5/0 · principal	2,629,000	$6.7M	Reduce -35.7%
UNITY SOFTWARE INC (U 0 11/15/26)	NOTE 11/1 · principal	7,428,000	$6.6M	Reduce -8.3%
PATRICK INDUSTRIES INC (PATK 1.75 12/01/28)	NOTE 1.750%12/0 · principal	4,391,000	$6.6M	Reduce -4.5%
ZSCALER INC. (ZS 0.125 07/01/25)	NOTE 0.125% 7/0 · principal	5,259,000	$6.4M	Reduce -0.8%
GUARDANT HEALTH INC (GH 0 11/15/27)	NOTE 11/1 · principal	7,931,000	$6.3M	Add +4.2%
POST HOLDINGS INC (POST 2.5 08/15/27)	NOTE 2.500% 8/1 · principal	5,316,000	$6.3M	Reduce -0.8%
ITRON INC (ITRI 0 03/15/26)	NOTE 3/1 · principal	6,017,000	$6.3M	Reduce -0.9%
PENNYMAC CORP (PMT 5.5 11/01/24)	NOTE 5.500%11/0 · principal	6,282,000	$6.3M	Reduce -0.7%
INSULET CORPORATION (PODD 0.375 09/01/26)	NOTE 0.375% 9/0 · principal	5,220,000	$6.2M	Reduce -2.9%
TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28)	NOTE 1.500% 6/0 · principal	3,358,000	$6.2M	Reduce -26.6%
SPOTIFY USA INC (SPOT 0 03/15/26)	NOTE 3/1 · principal	5,996,000	$6.0M	Reduce -0.8%
DATADOG INC (DDOG 0.125 06/15/25)	NOTE 0.125% 6/1 · principal	4,544,000	$5.9M	Reduce -55.2%
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29)	NOTE 3.125% 1/1 · principal	4,762,000	$5.9M	Add +10.4%
JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26)	CONVERTIBLE BOND · principal	6,116,000	$5.6M	Reduce -32.8%
STRIDE INC (LRN 1.125 09/01/27)	NOTE 1.125% 9/0 · principal	3,302,000	$5.6M	Reduce -5.2%
REDFIN CORP (RDFN 0.5 04/01/27)	NOTE 0.500% 4/0 · principal	7,595,000	$5.5M	Reduce -0.9%
GUIDEWIRE SOFTWARE INC (GWRE 1.25 03/15/25)	NOTE 1.250% 3/1 · principal	3,445,000	$5.5M	New
HUBSPOT INC (HUBS 0.375 06/01/25)	NOTE 0.375% 6/0 · principal	2,929,000	$5.5M	Reduce -32.3%
COLLEGIUM PHARMA INC (COLL 2.875 02/15/29)	NOTE 2.875% 2/1 · principal	4,250,000	$5.3M	No change
PENNYMAC CORP (PMT 5.5 03/15/26)	NOTE 5.500% 3/1 · principal	5,425,000	$5.3M	No change
INTERDIGITAL INC (IDCC 3.5 06/01/27)	NOTE 3.500% 6/0 · principal	2,793,000	$5.2M	Reduce -0.8%
RBC BEARINGS INC (RBC 5 10/15/24 A)	5% CNV PFD SR A	37,540	$5.0M	Reduce -8.9%
WISDOMTREE INC (WT 5.75 08/15/28)	NOTE 5.750% 8/1 · principal	4,000,000	$5.0M	Add +14.3%
NORTHERN OIL & GAS INC (NOG 3.625 04/15/29)	NOTE 3.625% 4/1 · principal	4,303,000	$4.9M	Reduce -0.9%
CYTOKINETICS INC (CYTK 3.5 07/01/27)	NOTE 3.500% 7/0 · principal	3,694,000	$4.8M	Reduce -0.9%
SNAP INC (SNAP 0 05/01/27)	NOTE 5/0 · principal	5,565,000	$4.8M	Add +11.3%
PERFICIENT INC (PRFT 0.125 11/15/26)	NOTE 0.125%11/1 · principal	4,750,000	$4.7M	Add +26.7%
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27)	NOTE 2.500% 3/1 · principal	4,535,000	$4.7M	Reduce -3.3%
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26)	NOTE 0.125% 1/1 · principal	4,642,000	$4.6M	Reduce -0.8%
GREENBRIER COS INC (GBX 2.875 04/15/28)	NOTE 2.875% 4/1 · principal	4,193,000	$4.6M	No change
Q2 HOLDINGS INC (QTWO 0.75 06/01/26)	NOTE 0.750% 6/0 · principal	4,156,000	$4.5M	New
WORKIVA INC (WK 1.25 08/15/28)	NOTE 1.250% 8/1 · principal	4,718,999	$4.5M	New
BLOOM ENERGY CORP (BE 3 06/01/28)	NOTE 3.000% 6/0 · principal	4,814,000	$4.4M	Reduce -0.9%
CAMTEK LTD/ISRAEL (CAMT 0 12/01/26)	NOTE 12/0 · principal	2,764,000	$4.1M	New
CONMED CORP (CNMD 2.25 06/15/27)	NOTE 2.250% 6/1 · principal	4,376,000	$4.1M	No change
SEMTECH CORP (SMTC 1.625 11/01/27)	NOTE 1.625%11/0 · principal	2,712,000	$3.8M	Reduce -47.0%
CHEGG INC (CHGG 0.125 03/15/25)	NOTE 0.125% 3/1 · principal	4,000,000	$3.8M	No change
BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29)	NOTE 2.250% 2/0 · principal	4,500,000	$3.8M	No change
HAEMONETICS CORP (HAE 0 03/01/26)	NOTE 3/0 · principal	4,031,000	$3.7M	Add +14.2%
ENVESTNET INC (ENV 2.625 12/01/27)	NOTE 2.625%12/0 · principal	3,500,000	$3.7M	Reduce -69.7%
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26)	NOTE 2.000% 6/1 · principal	3,665,000	$3.7M	Reduce -20.5%
CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28)	NOTE 3.875% 9/1 · principal	3,561,000	$3.5M	New
DAYFORCE INC (DAY 0.25 03/15/26)	NOTE 0.250% 3/1 · principal	3,616,000	$3.4M	No change
EXACT SCIENCES CORP (EXAS 0.375 03/15/27)	NOTE 0.375% 3/1 · principal	3,500,000	$3.4M	No change
NRG ENERGY INC (NRG 2.75 06/01/48)	DBCV 2.750% 6/0 · principal	1,515,000	$3.4M	Reduce -46.5%
SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28)	NOTE 3.750% 3/1 · principal	3,250,000	$3.3M	Reduce -38.1%
MICROSTRATEGY INC (MSTR 0 02/15/27)	NOTE 2/1 · principal	2,422,000	$3.3M	Reduce -52.3%
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27)	NOTE 3.250%12/1 · principal	3,500,000	$3.2M	No change
ZILLOW GROUP INC (Z 2.75 05/15/25)	NOTE 2.750% 5/1 · principal	2,891,000	$3.2M	No change
MAKEMYTRIP LIMITED (MMYT 0 02/15/28)	NOTE 2/1 · principal	1,281,000	$3.1M	Reduce -47.8%
BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27)	NOTE 5.500% 3/1 · principal	3,267,000	$3.1M	Add +30.7%
NEXTERA ENERGY INC (NEE 6.926 09/01/25)	UNIT 09/01/2025	65,190	$3.0M	No change
CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28)	NOTE 2.375%12/1 · principal	2,536,000	$3.0M	Reduce -1.3%
HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27)	NOTE 0.250% 3/0 · principal	2,962,000	$3.0M	No change
CMS ENERGY CORP (CMS 3.375 05/01/28)	NOTE 3.375% 5/0 · principal	2,683,000	$2.9M	No change
EXPEDIA GROUP INC (EXPE 0 02/15/26)	NOTE 2/1 · principal	2,979,000	$2.8M	Reduce -5.2%
VERINT SYSTEMS INC (VRNT 0.25 04/15/26)	NOTE 0.250% 4/1 · principal	3,000,000	$2.8M	Reduce -27.4%
BREAD FINANCIAL HLDGS (BFH 4.25 06/15/28)	NOTE 4.250% 6/1 · principal	1,882,000	$2.7M	Reduce -56.5%
JAMF HOLDING CORP (JAMF 0.125 09/01/26)	NOTE 0.125% 9/0 · principal	3,000,000	$2.7M	No change
BLOCK INC (XYZ 0.25 11/01/27)	NOTE 0.250%11/0 · principal	3,112,000	$2.7M	No change
FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27)	NOTE 0.375% 1/1 · principal	3,000,000	$2.7M	No change
XOMETRY INC (XMTR 1 02/01/27)	NOTE 1.000% 2/0 · principal	3,000,000	$2.6M	No change
I3 VERTICALS LLC (IIIV 1 02/15/25)	NOTE 1.000% 2/1 · principal	2,600,000	$2.6M	No change
NCL CORPORATION LTD (NCLH 2.5 02/15/27)	NOTE 2.500% 2/1 · principal	2,500,000	$2.5M	New
PEGASYSTEMS INC (PEGA 0.75 03/01/25)	NOTE 0.750% 3/0 · principal	2,500,000	$2.4M	New
HP ENTERPRISE CO (HPE 7.625 09/01/27)	7.625 MAND CONV	40,000	$2.4M	New
SSR MINING INC (SSRMCN 2.5 04/01/39)	NOTE 2.500% 4/0 · principal	2,500,000	$2.3M	Add +25.0%
BENTLEY SYSTEMS (BSY 0.375 07/01/27)	NOTE 0.375% 7/0 · principal	2,500,000	$2.3M	Reduce -9.1%
NEXTERA ENERGY INC (NEE 7.299 06/01/27)	UNIT 06/01/2027	40,205	$2.2M	New
CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28)	NOTE 2.750% 5/0 · principal	2,025,000	$2.2M	No change
AIRBNB INC (ABNB 0 03/15/26)	NOTE 3/1 · principal	2,373,000	$2.2M	No change
LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28)	NOTE 0.500% 6/1 · principal	2,500,000	$2.2M	New
TELADOC HEALTH INC (TDOC 1.25 06/01/27)	NOTE 1.250% 6/0 · principal	2,500,000	$2.2M	New
ARBOR REALTY TRUST INC (ABR 7.5 08/01/25)	NOTE 7.500% 8/0 · principal	2,000,000	$2.0M	No change
MESA LABORATORIES INC (MLAB 1.375 08/15/25)	NOTE 1.375% 8/1 · principal	2,000,000	$1.9M	No change
RIVIAN AUTO INC (RIVN 4.625 03/15/29)	NOTE 4.625% 3/1 · principal	2,044,000	$1.8M	No change
ENPHASE ENERGY INC (ENPH 0 03/01/28)	NOTE 3/0 · principal	2,073,000	$1.8M	Add +261.8%
PROS HOLDINGS INC (PRO 2.25 09/15/27)	NOTE 2.250% 9/1 · principal	2,000,000	$1.8M	New
MARA HOLDINGS INC (MARA 1 12/01/26)	NOTE 1.000%12/0 · principal	2,000,000	$1.8M	New
ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26)	NOTE 0.250% 6/1 · principal	2,000,000	$1.7M	No change
ZIFF DAVIS INC (ZD 1.75 11/01/26)	NOTE 1.750%11/0 · principal	1,850,000	$1.7M	No change
SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26)	NOTE 0.250%12/0 · principal	2,250,000	$1.7M	New
EZCORP INC (EZPW 2.375 05/01/25)	NOTE 2.375% 5/0 · principal	1,660,000	$1.6M	No change
INNOVIVA INC (INVA 2.125 03/15/28)	NOTE 2.125% 3/1 · principal	1,531,000	$1.5M	No change
ZIFF DAVIS INC (ZD 3.625 03/01/28)	DEBT 3.625% 3/0 · principal	1,542,000	$1.5M	New
3D SYSTEMS CORP (DDD 0 11/15/26)	NOTE 11/1 · principal	1,750,000	$1.5M	No change
SHAKE SHACK INC (SHAK 0 03/01/28)	NOTE 3/0 · principal	1,500,000	$1.4M	Reduce -79.0%
BITDEER TECHNOLOGIES GRP (BTDR 8.5 08/15/29)	NOTE 8.500% 8/1 · principal	1,050,000	$1.2M	New
UBER TECHNOLOGIES INC (UBER 0 12/15/25)	NOTE 12/1 · principal	954,000	$1.1M	No change
RINGCENTRAL INC (RNG 0 03/01/25)	NOTE 3/0 · principal	1,050,000	$1.0M	New
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27)	NOTE 0.375% 9/0 · principal	986,000	$1.0M	Reduce -5.7%
PELOTON INTERACTIVE INC (PTON 0 02/15/26)	NOTE 2/1 · principal	1,000,000	$900K	New
BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN)	MTNF 0.600% 5/2 · principal	725,000	$804K	New
PARSONS CORP (PSN 0.25 08/15/25)	NOTE 0.250% 8/1 · principal	319,000	$733K	No change
SNAP INC (SNAP 0.125 03/01/28)	NOTE 0.125% 3/0 · principal	770,000	$615K	No change
SNAP INC (SNAP 0.75 08/01/26)	NOTE 0.750% 8/0 · principal	608,000	$585K	No change
COINBASE GLOBAL INC (COIN 0.5 06/01/26)	NOTE 0.500% 6/0 · principal	521,000	$510K	Reduce -93.5%
IONIS PHARMACEUTICALS IN (IONS 0 04/01/26)	NOTE 4/0 · principal	496,000	$495K	No change
ETSY INC (ETSY 0.125 09/01/27)	NOTE 0.125% 9/0 · principal	535,000	$459K	No change
UPWORK INC (UPWK 0.25 08/15/26)	NOTE 0.250% 8/1 · principal	500,000	$456K	No change
ON SEMICONDUCTOR CORP (ON 0 05/01/27)	NOTE 5/0 · principal	305,000	$447K	No change
ALLIANT ENERGY CORP (LNT 3.875 03/15/26)	NOTE 3.875% 3/1 · principal	423,000	$442K	No change
CLOUDFLARE INC (NET 0 08/15/26)	NOTE 8/1 · principal	468,000	$432K	No change
MIDDLEBY CORP (MIDD 1 09/01/25)	NOTE 1.000% 9/0 · principal	357,000	$411K	No change
ZTO EXPRESS KY INC (ZTO 1.5 09/01/27)	NOTE 1.500% 9/0 · principal	313,000	$333K	New
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49)	NOTE 0.750% 3/1 · principal	318,000	$312K	No change
VARONIS SYSTEM INC (VRNS 1.25 08/15/25)	NOTE 1.250% 8/1 · principal	166,000	$307K	Reduce -93.6%
UNITED STATES STEEL CORP (X 5 11/01/26)	NOTE 5.000%11/0 · principal	102,000	$272K	No change
MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24)	NOTE 0.125%11/1 · principal	259,000	$258K	No change
PDD HOLDINGS INC (PDD 0 12/01/25)	NOTE 12/0 · principal	242,000	$243K	Reduce -93.7%
H WORLD GROUP LTD (HTHT 3 05/01/26)	NOTE 3.000% 5/0 · principal	174,000	$198K	Reduce -93.8%
PEABODY ENERGY CORP (BTU 3.25 03/01/28)	NOTE 3.250% 3/0 · principal	124,000	$185K	No change
DROPBOX INC (DBX 0 03/01/28)	NOTE 3/0 · principal	98,000	$95K	No change
PROSPECT CAPITAL CORP (PSEC 6.375 03/01/25)	NOTE 6.375% 3/0 · principal	92,000	$92K	No change
JBT MAREL CORP (JBTM 0.25 05/15/26)	NOTE 0.250% 5/1 · principal	92,000	$86K	Reduce -43.2%
BLOCK INC (XYZ 0.125 03/01/25)	NOTE 0.125% 3/0 · principal	44,000	$43K	No change
SHIFT4 PAYMENTS INC (FOUR 0 12/15/25)	NOTE 12/1 · principal	28,000	$34K	No change

Total filed on the 13F, all lines: $1.4B.

Portfolio Sells Q2 2024 → Q3 2024


IVV iShares Core S&P 500 ETF	Reduce -11.7%	33.86%	−3.86
FLOT iShares Floating Rate Bond E	Reduce -47.0%	1.77%	−1.70
IYW iShares Ustechnology ETF	Reduce -19.5%	1.84%	−0.51
BKLN Invesco Senior Loan ETF	Reduce -11.4%	2.71%	−0.47
MSFT Microsoft Corp.	Reduce -0.1%	1.90%	−0.15
GOOGL Alphabet Inc. Class A	Reduce -0.1%	0.98%	−0.14
CAT Caterpillar Inc.	Sold out	0.00%	−0.13
LRCX Lam Research Corp.	Sold out	0.00%	−0.09
BA The Boeing Co.	Sold out	0.00%	−0.09
VLO Valero Energy Corp.	Sold out	0.00%	−0.09
NVDA Nvidia Corp.	Reduce -0.1%	1.50%	−0.08
AMZN Amazon.com Inc.	Reduce -0.1%	0.95%	−0.07
JPM JPMorgan Chase & Co.	Reduce -13.4%	0.29%	−0.04
AMAT Applied Materials Inc.	Reduce -0.0%	0.17%	−0.04
MU Micron Technology Inc.	Reduce -0.1%	0.09%	−0.03
LMBS First Trust Low Duration Opp	Reduce -0.2%	2.60%	−0.03
MRK Merck & Co. Inc.	Reduce -0.1%	0.18%	−0.02
BUFR FT Vest Lad Buffervetf-Usd I	Reduce -0.4%	2.06%	−0.02
WFC Wells Fargo & Co.	Reduce -0.1%	0.15%	−0.01
CVX Chevron Corp.	Reduce -0.1%	0.13%	−0.01
BAC Bank of America Corp.	Reduce -0.1%	0.25%	−0.01
IEF iShares 7-10 Year Treasury B	Reduce -1.4%	2.72%	−0.01
HON Honeywell International Inc.	Reduce -0.1%	0.10%	−0.01
DIS The Walt Disney Co.	Reduce -0.1%	0.10%	−0.01
RIG Transocean Ltd.	Reduce -0.1%	0.02%	−0.01
AIG American International Group	Reduce -0.1%	0.09%	−0.00
AMGN Amgen Inc.	Reduce -0.1%	0.18%	−0.00
PEP Pepsico Inc.	Reduce -0.1%	0.16%	−0.00
PFE Pfizer Inc.	Reduce -0.1%	0.15%	−0.00
UBER Uber Technologies Inc.	Reduce -0.1%	0.12%	−0.00
LQD Ishr Ibx Usd Invgd CB ETF-Ui	Reduce -1.7%	6.17%	+0.00
V Visa Inc. Class A	Reduce -0.1%	0.23%	+0.00
TJX TJX Companies Inc.	Reduce -0.1%	0.09%	+0.00
CMCSA Comcast Corp. Class A	Reduce -0.1%	0.12%	+0.00
ETN Eaton Corp. PLC	Reduce -0.1%	0.19%	+0.00
FWONK Liberty Media Corp. Class C	Reduce -0.1%	0.10%	+0.00
PG The Procter & Gamble Co.	Reduce -0.1%	0.32%	+0.00
VZ Verizon Communications Inc.	Reduce -0.1%	0.08%	+0.00
CRM Salesforce Inc.	Reduce -0.1%	0.16%	+0.00
UNP Union Pacific Corp.	Reduce -0.1%	0.19%	+0.01
ABT Abbott Laboratories	Reduce -0.1%	0.16%	+0.01
DHR Danaher Corp.	Reduce -0.1%	0.16%	+0.01
CSCO Cisco Systems Inc.	Reduce -0.1%	0.16%	+0.01
MA Mastercard Inc. Class A	Reduce -0.1%	0.19%	+0.01
KO The Coca-Cola Co.	Reduce -0.0%	0.19%	+0.02
JNJ Johnson & Johnson	Reduce -0.1%	0.25%	+0.02
WMT Walmart Inc.	Reduce -0.1%	0.13%	+0.02
ABBV Abbvie Inc.	Reduce -0.0%	0.18%	+0.02
HD Home Depot Inc.	Reduce -0.1%	0.18%	+0.02
ICE Intercontinental Exchange Inc.	Reduce -0.1%	0.19%	+0.02

Portfolio Buys Q2 2024 → Q3 2024


SDVY First Trust Smid Cap Rising	New	1.63%	+1.63
JAAA Janus Henderson Aaa Clo ETF	Add +60.7%	4.11%	+1.46
IYR iShares US Real Estate ETF	Add +587.7%	1.61%	+1.40
IEMG iShares Core MSCI Emerging	Add +35.7%	2.51%	+0.72
EWJ iShares MSCI Japan ETF	New	0.47%	+0.47
ICVT iShares Convertible Bond ETF	Add +20.0%	2.43%	+0.46
LOW Lowe's Cos Inc.	New	0.09%	+0.09
IWN iShares Russell 2000 Value E	Add +0.1%	1.58%	+0.09
CMI Cummins Inc.	New	0.08%	+0.08
MRSH Marsh & McLennan Cos	New	0.08%	+0.08
NFLX Netflix Inc.	New	0.08%	+0.08
DE Deere & Co.	New	0.08%	+0.08
QUAL iShares MSCI USA Quality Fac	Add +0.1%	1.67%	+0.02
SGOV iShares 0-3 Month Treasury B	Add +2.5%	0.25%	−0.00
SHYG iShares 0-5 YR HY Corp. Bond	Add +0.1%	1.60%	−0.01

Notes & Other Activity Q2 2024 → Q3 2024


BOOKING HOLDINGS INC (BKNG 0.75 05/01/25)	NOTE 0.750% 5/0 · principal	Reduce -10.8%	15,341,000	$34.3M
SOUTHERN CO (SO 3.875 12/15/25)	NOTE 3.875%12/1 · principal	Add +127.4%	28,903,000	$32.1M
WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	Reduce -1.8%	19,981	$25.6M
DUKE ENERGY CORP (DUK 4.125 04/15/26)	NOTE 4.125% 4/1 · principal	Reduce -2.3%	22,878,000	$24.2M
VENTAS REALTY LP (VTR 3.75 06/01/26)	NOTE 3.750% 6/0 · principal	Reduce -2.7%	19,027,000	$23.1M
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26)	SER A MAND CNV	Add +8.7%	337,430	$23.0M
BANK OF AMERICA CORP (BAC 7.25 PERP L)	7.25%CNV PFD L	Reduce -1.7%	16,668	$21.2M
ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25)	NOTE 6.000% 8/1 · principal	Reduce -35.1%	4,925,000	$17.6M
PALO ALTO NETWORKS (PANW 0.375 06/01/25)	NOTE 0.375% 6/0 · principal	Reduce -2.8%	5,095,000	$17.5M
INSMED INC (INSM 0.75 06/01/28)	NOTE 0.750% 6/0 · principal	Reduce -13.0%	7,390,000	$17.0M
FORD MOTOR COMPANY (F 0 03/15/26)	NOTE 3/1 · principal	Reduce -41.5%	17,012,000	$16.6M
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28)	NOTE 2.875% 3/1 · principal	Add +45.3%	15,412,000	$16.3M
SEAGATE HDD CAYMAN (STX 3.5 06/01/28)	NOTE 3.500% 6/0 · principal	New	11,176,998	$16.0M
WAYFAIR INC (W 1 08/15/26)	NOTE 1.000% 8/1 · principal	Add +3.9%	17,038,000	$15.9M
SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27)	NOTE 0.500% 8/0 · principal	Reduce -0.9%	14,126,000	$14.5M
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29)	NOTE 0.500% 3/0 · principal	Reduce -2.1%	13,746,999	$13.9M
INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28)	NOTE 2.125% 2/1 · principal	Reduce -14.4%	8,677,000	$13.7M
TETRA TECH INC (TTEK 2.25 08/15/28)	DBCV 2.250% 8/1 · principal	New	9,867,000	$12.9M
AXON ENTERPRISE INC (AXON 0.5 12/15/27)	NOTE 0.500%12/1 · principal	Reduce -1.7%	7,168,000	$12.9M
AFFIRM HOLDINGS INC (AFRM 0 11/15/26)	NOTE 11/1 · principal	Reduce -0.6%	14,382,000	$12.7M
ASCENDIS PHARMA A/S (ASND 2.25 04/01/28)	NOTE 2.250% 4/0 · principal	Reduce -1.6%	10,737,000	$12.5M
GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28)	NOTE 3.750% 5/1 · principal	Reduce -1.2%	6,686,000	$12.0M
CABLE ONE INC (CABO 1.125 03/15/28)	NOTE 1.125% 3/1 · principal	Add +6.6%	14,649,000	$11.8M
UPSTART HOLDINGS INC (UPST 0.25 08/15/26)	NOTE 0.250% 8/1 · principal	Sold out	14,690,000	$11.6Mbefore exit
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26)	NOTE 3.625% 6/1 · principal	New	10,982,000	$11.2M
CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26)	NOTE 0.375% 6/1 · principal	Add +4.2%	11,225,000	$10.6M
AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25)	NOTE 0.125% 5/0 · principal	Add +2.7%	9,430,000	$10.5M
DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28)	NOTE 3/1 · principal	Reduce -4.3%	12,052,000	$10.4M
MONGODB INC (MDB 0.25 01/15/26)	NOTE 0.250% 1/1 · principal	Reduce -2.4%	7,495,000	$10.3M
SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26)	NOTE 1.500% 2/1 · principal	Reduce -0.5%	10,902,000	$10.3M
WAYFAIR INC (W 3.25 09/15/27)	NOTE 3.250% 9/1 · principal	Reduce -0.9%	8,478,000	$10.2M
DEXCOM INC (DXCM 0.375 05/15/28)	NOTE 0.375% 5/1 · principal	Reduce -6.0%	11,243,000	$9.9M
NCL CORPORATION LTD (NCLH 1.125 02/15/27)	NOTE 1.125% 2/1 · principal	Reduce -2.4%	10,152,000	$9.8M
AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29)	NOTE 2.000% 3/1 · principal	New	9,226,000	$9.7M
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26)	NOTE 0.250% 3/1 · principal	Reduce -1.2%	7,704,000	$9.4M
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28)	NOTE 1.000% 8/1 · principal	Add +66.7%	7,883,000	$9.4M
FLUOR CORP (FLR 1.125 08/15/29)	NOTE 1.125% 8/1 · principal	New	7,630,000	$9.3M
M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26)	NOTE 0.250% 3/1 · principal	Add +26.8%	6,587,000	$9.3M
TWO HARBORS INV CORP (TWO 6.25 01/15/26)	NOTE 6.250% 1/1 · principal	Reduce -0.3%	9,555,000	$9.3M
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29)	NOTE 4.000% 5/0 · principal	Reduce -0.6%	6,258,000	$9.2M
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27)	NOTE 2.250% 8/1 · principal	Reduce -2.5%	8,262,000	$9.1M
REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27)	NOTE 1.750% 2/1 · principal	Sold out	13,745,000	$9.0Mbefore exit
PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26)	NOTE 1.750%12/1 · principal	Reduce -7.5%	9,617,000	$8.8M
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27)	NOTE 1.000% 9/1 · principal	Add +37.7%	7,353,000	$8.6M
NATERA INC (NTRA 2.25 05/01/27)	NOTE 2.250% 5/0 · principal	Reduce -35.8%	2,567,000	$8.5M
AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25)	NOTE 6.500% 7/0 · principal	Reduce -5.5%	8,199,000	$8.4M
NUTANIX INC (NTNX 0.25 10/01/27)	NOTE 0.250%10/0 · principal	Reduce -23.1%	7,020,000	$8.4M
IMPINJ INC (PI 1.125 05/15/27)	NOTE 1.125% 5/1 · principal	Reduce -0.8%	4,127,000	$8.2M
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26)	NOTE 4.250% 8/1 · principal	New	8,144,000	$8.2M
FRESHPET INC (FRPT 3 04/01/28)	NOTE 3.000% 4/0 · principal	Reduce -8.0%	3,900,000	$8.1M

Showing the first 50 of 150.

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