Susquehanna Advisors Group, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Susquehanna Advisors Group, Inc. reported 31 stock positions worth $1.1 billion. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 28.9% of the portfolio, followed by Alphabet Class A (GOOGL, 18.1%) and Taiwan Semiconductor-SP ADR (TSM, 15.8%). Compared with Q4 2024, it opened 12 new positions, sold out of 18, added to 4 and reduced 4. The biggest buy was a new position in Taiwan Semiconductor-SP ADR (TSM) and the biggest sale an exit from Microsoft (MSFT).
- Most Recent 13F
- Q2 2026
- Location
- BALA CYNWYD, PA
- CIK
- 0001444949
- Portfolio Value
- $1.1B (Q1 2025)
- SEC Filing
- 0001444949-25-000003 ↗ filed May 14, 2025
Holdings Value
Holdings 31 stocks · $1.1B
| QQQ Invesco QQQ Trust Series 1 | 28.85% | 673,923 | $316.0M | No change |
| GOOGL Alphabet Inc. Class A | 18.07% | 1,280,000 | $197.9M | Add +326.7% |
| TSM Taiwan Semiconductor-SP ADR | 15.76% | 1,040,000 | $172.6M | New |
| CRM Salesforce Inc. | 11.52% | 470,000 | $126.1M | New |
| MU Micron Technology Inc. | 7.93% | 1,000,000 | $86.9M | New |
| NN Nextnav Inc. | 5.36% | 4,822,541 | $58.7M | Add +10.9% |
| XRT SS SPDR S&P Retail ETF | 4.73% | 750,000 | $51.8M | No change |
| SMLR Semler Scientific Inc. | 1.35% | 407,912 | $14.8M | Reduce -18.2% |
| AGI Alamos Gold Inc. Class A | 1.25% | 512,653 | $13.7M | Add +21.6% |
| BABA Alibaba Group Holding-SP ADR | 0.83% | 68,700 | $9.1M | Reduce -88.7% |
| DB Deutsche Bank AG-Registered | 0.78% | 358,684 | $8.5M | New |
| BAM Brookfield Asset Mgmt-A | 0.71% | 160,637 | $7.8M | New |
| VTI VG Morningstar TS MKT ETF-US | 0.55% | 21,775 | $6.0M | No change |
| SVC Service Pptys TR | 0.45% | 1,902,723 | $5.0M | Add +124.0% |
| COMP Compass Inc. Class A | 0.41% | 516,198 | $4.5M | No change |
| AEM Agnico Eagle Mines Ltd. | 0.39% | 38,947 | $4.2M | Reduce -1.8% |
| YUMC Yum China Holdings Inc. | 0.35% | 73,300 | $3.8M | No change |
| NBR Nabors Industries Ltd. | 0.17% | 45,249 | $1.9M | New |
| VEU Vanguard Ftse All-World Ex-U | 0.11% | 20,250 | $1.2M | No change |
| CC The Chemours Co. | 0.09% | 74,219 | $1.0M | No change |
| ADTN Adtran Holdings Inc. | 0.08% | 97,648 | $851K | No change |
| CRON Cronos Group Inc. | 0.07% | 394,000 | $713K | New |
| CYH Community Health Systems Inc. | 0.06% | 263,058 | $710K | New |
| SOFI Sofi Technologies Inc. | 0.05% | 43,492 | $506K | No change |
| CLS Celestica Inc. | 0.03% | 4,400 | $347K | Reduce -97.0% |
| AG First Majestic Silver Corp. | 0.02% | 32,200 | $215K | New |
| VZLA Vizsla Silver Corp. | 0.01% | 53,100 | $121K | New |
| SNDL SNDL Inc. | 0.01% | 59,018 | $83K | No change |
| BTX BlackRock Tech & Priv Eqty | 0.01% | 10,600 | $66K | No change |
| HIVE Hive Digital Technologies LT | 0.01% | 39,900 | $58K | New |
| EU Encore Energy Corp. | 0.00% | 10,300 | $14K | New |
Options reported separately and not counted above: GOOGL puts ($197.9M), MSTR puts ($191.9M), TSM puts ($172.6M), CRM puts ($126.1M), MU puts ($86.9M), IQ puts ($46.9M), MARA puts ($36.8M), RIVN puts ($9.3M), NIO puts ($3.8M), CLSK puts ($3.4M).
Other holdings (59): bonds, preferreds, convertibles and warrants · $473.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SEMTECH CORP (SMTC 4 11/01/28) | NOTE 4.000%11/0 · principal | 41,000,000 | $74.5M | No change |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 75,963,000 | $66.4M | Reduce -3.2% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 1,300,000 | $62.2M | Reduce -21.2% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 57,909,000 | $61.1M | Add +0.2% |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 850,000 | $38.0M | Add +61.9% |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 750,000 | $34.2M | Reduce -21.1% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 564,936 | $27.0M | Reduce -38.3% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 400,000 | $19.8M | New |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 16,625,000 | $18.0M | Add +31.7% |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 12,132,000 | $16.1M | Add +32.8% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 138,500 | $8.3M | Add +6.5% |
| SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) | NOTE 0.250%12/0 · principal | 82,881,000 | $7.6M | Add +22.8% |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 10,550,000 | $7.4M | Reduce -57.5% |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | 70,305,000 | $6.1M | Add +33.7% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 110,000 | $5.5M | New |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 87,500 | $4.8M | No change |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | 3,380,000 | $2.8M | Reduce -37.2% |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 12,431,000 | $2.7M | Reduce -34.3% |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 148,300,000 | $2.1M | New |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 2,150,000 | $2.1M | Reduce -78.5% |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 89,740,000 | $1.8M | New |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 56,045,000 | $673K | Reduce -30.2% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 46,119,000 | $561K | Add +146.5% |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 50,867,000 | $508K | Add +162.5% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 25,131,000 | $322K | Reduce -12.2% |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 22,328,000 | $217K | Reduce -19.8% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 19,600,000 | $208K | Reduce -26.9% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 17,500,000 | $172K | New |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 15,000,000 | $168K | Add +180.9% |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 11,250,000 | $144K | Add +21.6% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 14,794,000 | $144K | New |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 14,338,000 | $143K | Reduce -13.1% |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 9,000,000 | $131K | Reduce -52.6% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 10,000,000 | $108K | New |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 9,640,000 | $100K | Reduce -53.3% |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | 9,500,000 | $98K | New |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 8,000,000 | $94K | Add +220.0% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 10,500,000 | $90K | New |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 7,500,000 | $89K | Add +50.0% |
| LUMINAR TECHNOLOGIES INC (LAZR 11.5 01/15/30) | DEBT 11.500% 1/1 · principal | 19,109,000 | $88K | No change |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 5,000,000 | $66K | New |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 5,000,000 | $49K | Reduce -52.9% |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 5,000,000 | $48K | No change |
| LUMINAR TECHNOLOGIES INC (LAZR 9 01/15/30) | DEBT 9.000% 1/1 · principal | 8,190,000 | $35K | No change |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 3,500,000 | $34K | Reduce -75.9% |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 2,500,000 | $26K | New |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 2,500,000 | $25K | New |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 2,000,000 | $24K | New |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 2,500,000 | $24K | Add +25.0% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 2,500,000 | $23K | New |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 2,500,000 | $23K | No change |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 2,500,000 | $22K | Reduce -16.9% |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 1,750,000 | $20K | New |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 2,000,000 | $18K | New |
| CIFRW Cipher Mining Inc. | *W EXP 08/27/202 | 50,000 | $17K | No change |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 1,500,000 | $15K | New |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | 5,729,000 | $13K | Reduce -42.9% |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 4,000,000 | $5K | Reduce -46.7% |
| PIIIW P3 Health Partne -CW27 | *W EXP 11/19/202 | 50,000 | $600 | No change |
Total filed on the 13F, all lines: $1.6B.
Portfolio Sells Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | Sold out | 0.00% | −18.06 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −12.16 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −6.87 |
| PFE Pfizer Inc. | Sold out | 0.00% | −6.52 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −3.85 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −3.45 |
| BABA Alibaba Group Holding-SP ADR | Reduce -88.7% | 0.83% | −2.79 |
| INTC Intel Corp. | Sold out | 0.00% | −1.69 |
| CLS Celestica Inc. | Reduce -97.0% | 0.03% | −0.91 |
| UBS UBS Group AG-Reg | Sold out | 0.00% | −0.73 |
| SMLR Semler Scientific Inc. | Reduce -18.2% | 1.35% | −0.54 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.44 |
| FLNC Fluence Energy Inc. | Sold out | 0.00% | −0.22 |
| THC Tenet Healthcare Corp. | Sold out | 0.00% | −0.13 |
| GIL Gildan Activewear Inc. | Sold out | 0.00% | −0.10 |
| INFN Infinera Corp. | Sold out | 0.00% | −0.05 |
| CVI CVR Energy Inc. | Sold out | 0.00% | −0.02 |
| OBE Obsidian Energy Ltd. | Sold out | 0.00% | −0.01 |
| CGAU Centerra Gold Inc. | Sold out | 0.00% | −0.00 |
| ITRG Integra Resources Corp. | Sold out | 0.00% | −0.00 |
| NEWP New Pacific Metals Corp. | Sold out | 0.00% | −0.00 |
| AEM Agnico Eagle Mines Ltd. | Reduce -1.8% | 0.39% | +0.17 |
Portfolio Buys Q4 2024 → Q1 2025
| TSM Taiwan Semiconductor-SP ADR | New | 15.76% | +15.76 |
| GOOGL Alphabet Inc. Class A | Add +326.7% | 18.07% | +14.08 |
| CRM Salesforce Inc. | New | 11.52% | +11.52 |
| MU Micron Technology Inc. | New | 7.93% | +7.93 |
| DB Deutsche Bank AG-Registered | New | 0.78% | +0.78 |
| BAM Brookfield Asset Mgmt-A | New | 0.71% | +0.71 |
| AGI Alamos Gold Inc. Class A | Add +21.6% | 1.25% | +0.71 |
| NN Nextnav Inc. | Add +10.9% | 5.36% | +0.61 |
| SVC Service Pptys TR | Add +124.0% | 0.45% | +0.30 |
| NBR Nabors Industries Ltd. | New | 0.17% | +0.17 |
| CRON Cronos Group Inc. | New | 0.07% | +0.07 |
| CYH Community Health Systems Inc. | New | 0.06% | +0.06 |
| AG First Majestic Silver Corp. | New | 0.02% | +0.02 |
| VZLA Vizsla Silver Corp. | New | 0.01% | +0.01 |
| HIVE Hive Digital Technologies LT | New | 0.01% | +0.01 |
| EU Encore Energy Corp. | New | 0.00% | +0.00 |
Options Activity Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | put | Sold out | 610,000 | $257.1Mbefore exit |
| GOOGL Alphabet Inc. Class A | put | Add +326.7% | 1,280,000 | $197.9M |
| MSTR Strategy Inc. | put | New | 665,800 | $191.9M |
| TSM Taiwan Semiconductor-SP ADR | put | New | 1,040,000 | $172.6M |
| CRM Salesforce Inc. | put | New | 470,000 | $126.1M |
| AMD Advanced Micro Devices | put | Sold out | 810,000 | $97.8Mbefore exit |
| PFE Pfizer Inc. | put | Sold out | 3,500,000 | $92.9Mbefore exit |
| MU Micron Technology Inc. | put | New | 1,000,000 | $86.9M |
| AMZN Amazon.com Inc. | put | Sold out | 250,000 | $54.8Mbefore exit |
| BABA Alibaba Group Holding-SP ADR | put | Sold out | 607,500 | $51.5Mbefore exit |
| NKE Nike Inc. Class B | put | Sold out | 650,000 | $49.2Mbefore exit |
| IQ Iqiyi Inc.-ADR | put | New | 20,746,300 | $46.9M |
| MARA Mara Holdings Inc. | put | New | 3,200,000 | $36.8M |
| INTC Intel Corp. | put | Sold out | 1,200,000 | $24.1Mbefore exit |
| SOFI Sofi Technologies Inc. | put | Sold out | 1,250,000 | $19.3Mbefore exit |
| CLSK Cleanspark Inc. | put | New | 500,000 | $3.4M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Reduce -3.2% | 75,963,000 | $66.4M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Reduce -21.2% | 1,300,000 | $62.2M |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | Add +0.2% | 57,909,000 | $61.1M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Sold out | 38,951,000 | $53.0Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Sold out | 45,840,000 | $46.4Mbefore exit |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | Add +61.9% | 850,000 | $38.0M |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | Reduce -21.1% | 750,000 | $34.2M |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | Sold out | 32,515,000 | $29.1Mbefore exit |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Reduce -38.3% | 564,936 | $27.0M |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | Sold out | 21,588,000 | $21.5Mbefore exit |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | New | 400,000 | $19.8M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Add +31.7% | 16,625,000 | $18.0M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Add +32.8% | 12,132,000 | $16.1M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Sold out | 380,000 | $15.5Mbefore exit |
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | Sold out | 11,750,000 | $11.6Mbefore exit |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Sold out | 125,000 | $10.9Mbefore exit |
| EXACT SCIENCES CORP (EXAS 1 01/15/25) | NOTE 1.000% 1/1 · principal | Sold out | 10,000,000 | $9.9Mbefore exit |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | Sold out | 4,427,000 | $9.8Mbefore exit |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +6.5% | 138,500 | $8.3M |
| SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) | NOTE 0.250%12/0 · principal | Add +22.8% | 82,881,000 | $7.6M |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | Reduce -57.5% | 10,550,000 | $7.4M |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | Sold out | 6,500,000 | $7.3Mbefore exit |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | Sold out | 7,500,000 | $7.3Mbefore exit |
| LIVE NATION ENTERTAINMEN (LYV 2 02/15/25) | NOTE 2.000% 2/1 · principal | Sold out | 5,176,000 | $6.4Mbefore exit |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | Add +33.7% | 70,305,000 | $6.1M |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | New | 110,000 | $5.5M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Sold out | 5,000,000 | $5.5Mbefore exit |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | Sold out | 80,000 | $5.0Mbefore exit |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | Sold out | 4,000,000 | $3.5Mbefore exit |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Sold out | 3,314,000 | $3.3Mbefore exit |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | Sold out | 2,500,000 | $3.2Mbefore exit |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Sold out | 75,000 | $3.1Mbefore exit |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | Sold out | 2,650,000 | $3.0Mbefore exit |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | Reduce -37.2% | 3,380,000 | $2.8M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Sold out | 2,500,000 | $2.7Mbefore exit |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Sold out | 2,500,000 | $2.7Mbefore exit |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | Reduce -34.3% | 12,431,000 | $2.7M |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | Sold out | 2,500,000 | $2.2Mbefore exit |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | New | 148,300,000 | $2.1M |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Reduce -78.5% | 2,150,000 | $2.1M |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | Sold out | 2,000,000 | $2.0Mbefore exit |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | Sold out | 1,500,000 | $1.9Mbefore exit |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | New | 89,740,000 | $1.8M |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | Sold out | 1,274,000 | $1.3Mbefore exit |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Reduce -30.2% | 56,045,000 | $673K |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +146.5% | 46,119,000 | $561K |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Add +162.5% | 50,867,000 | $508K |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Reduce -12.2% | 25,131,000 | $322K |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Reduce -19.8% | 22,328,000 | $217K |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Reduce -26.9% | 19,600,000 | $208K |
Showing the first 50 of 76.
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 | 65 | $2.5B | QQQ, GEV, TSM, BABA, PFE |
| Q1 2026 | 65 | $1.5B | QQQ, PFE, MA, TSM, SHOP |
| Q4 2025 | 89 | $2.7B | QQQ, MU, META, AMZN, NVDA |
| Q3 2025 | 73 | $2.6B | QQQ, COST, MU, META, JD |
| Q2 2025 | 65 | $1.5B | QQQ, TSM, NKE, PFE, FSLR |
| Q1 2025 | 31 | $1.1B | QQQ, GOOGL, TSM, CRM, MU |
| Q4 2024 | 37 | $1.4B | QQQ, MSFT, UAL, AMD, PFE |