TENOR CAPITAL MANAGEMENT Co., L.P.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), TENOR CAPITAL MANAGEMENT Co., L.P. reported 115 stock positions worth $922.2 million. Its top holding was Crane Harbor Acqu Class A (CHAC) at 2.4% of the portfolio, followed by K&F Growth Acquisition Cor-A (KFII, 2.2%) and Gores Holdings X Class A (GTEN, 2.2%). Compared with Q2 2025, it opened 34 new positions, sold out of 10, added to 7 and reduced 6. The biggest buy was a new position in Armada Acquisition Class A (XRPN) and the biggest sale an exit from Cyberark Software Ltd./Israel (CYBR).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001346554
Portfolio Value
$922.2M (Q3 2025)
SEC Filing
0001346554-25-000091 ↗ filed Nov 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $216.5M Q1 2024 Q2 2024: $26.9M Q2 2024 Q3 2024: $201.8M Q3 2024 Q4 2024: $100.7M Q4 2024 Q1 2025: $340.0M Q1 2025 Q2 2025: $727.6M Q2 2025 Q3 2025: $922.2M $922.2M Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.5B Q1 2026 Q2 2026: $1.5B Q2 2026

Holdings 115 stocks · $922.2M
CHAC Crane Harbor Acqu Corp. Class A 2.38% 2,160,000 $21.9M No change
KFII K&F Growth Acquisition Cor-A 2.22% 2,001,000 $20.4M Add +0.1%
GTEN Gores Holdings X Inc. Class A 2.21% 2,000,000 $20.4M No change
TACH Titan Acquisition Corp. Class A 2.19% 2,000,000 $20.2M No change
TVA Texas Ventures Acquisition-A 2.03% 1,750,000 $18.7M No change
TMS Teamshares Inc. filed as LIVE OAK ACQUISITION CORP V 1.94% 1,750,000 $17.9M No change
HDRN Hadron Energy Inc. filed as GIGCAPITAL7 CORP 1.93% 1,690,136 $17.8M Add +232.9%
SOUL Soulpower Acquisition Co. Class A 1.92% 1,750,000 $17.7M No change
SZZL Sizzle Acquisition Corp. Class A 1.91% 1,750,000 $17.6M No change
XRPN Armada Acquisition Class A 1.70% 1,500,000 $15.7M New
ATII Archimedes Tech Spac Partner 1.66% 1,500,000 $15.3M No change
ONEN One Nuclear Energy Inc. filed as HENNESSY CAP INVT CORP VII 1.66% 1,500,000 $15.3M No change
FERA Fifth Era Acquisition Corp. Class A 1.65% 1,500,000 $15.3M No change
NPAC New Providence Acquisition-A 1.65% 1,500,000 $15.3M No change
FAC Factorial Energy Inc. filed as CARTESIAN GROWTH CORP III 1.63% 1,500,000 $15.1M No change
CCIX Churchill Capital Corp. Ix 1.63% 1,437,500 $15.1M Add +618.8%
DMIIU Drugs Made in America Acquis 1.62% 1,500,000 $14.9M New
SDHIU Siddhi Acquisition Corp. 1.54% 1,374,599 $14.2M No change
IREN Iren Ltd. filed as IREN LIMITED 1.47% 288,579 $13.5M Reduce -17.5%
VCIC Vine Hill Capital Class A 1.46% 1,259,245 $13.5M Add +67.9%
EVAC Eqv Ventures Acquisition C-A 1.40% 1,300,000 $12.9M New
DAAQ Digital Asset Acquisiti Class A 1.38% 1,250,000 $12.7M No change
RAAQ Real Asset Acquisiti Class A 1.37% 1,250,000 $12.7M No change
IPCX Inflection Point Acquisiti-A 1.36% 1,250,000 $12.6M No change
VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP 1.36% 1,187,500 $12.5M Add +58.3%
GSHR Gesher Acquisition Corp. II-A 1.32% 1,200,000 $12.2M No change
CRAQ Cal Redwood Acquisit Class A 1.30% 1,200,000 $12.0M No change
BACC Blue Acquisition Corp. Class A 1.30% 1,200,000 $12.0M No change
ENHA Enhanced Group Inc. filed as A PARADISE ACQUISITION CORP 1.29% 1,200,000 $11.9M New
DRDB Roman DBDR Acquisition Corp. 1.24% 1,110,000 $11.5M No change
BDCIU BTC Development Corp. 1.23% 1,125,000 $11.4M New
MBVIU M3-Brigade Acquisition Vi Co. 1.21% 1,100,000 $11.1M New
ANSC Agriculture & Natural Soluti 1.18% 1,000,000 $10.9M No change
LEGT Legato Merger Corp. III 1.16% 1,000,000 $10.7M No change
FACT Fact II Acquisition Corp. 1.12% 1,000,000 $10.3M Add +17.6%
SVACU Spring Valley Acquisition Co. 1.11% 1,000,000 $10.3M New
BLZRU Trailblazer Acquisition Corp. 1.11% 1,000,000 $10.2M New
RDAG Republic Digital Acquis Class A 1.11% 1,000,000 $10.2M No change
NHIC Newhold Investment Cor III-A 1.10% 1,000,000 $10.2M No change
JENA Jena Acquisition Corp. II - A 1.10% 1,000,000 $10.2M No change
CCAQ Collective Acquisition Corp. filed as DUNE ACQUISITION CORP II 1.10% 1,000,000 $10.1M No change
HCMA HCM III Acquisition Cor Class A 1.10% 1,000,000 $10.1M New
TVAI Thayer Ventures Acquis Class A 1.09% 1,000,000 $10.0M No change
BLUW Blue Water Acquisition C-A filed as BLUE WTR ACQUISITION CORP. I 1.08% 1,000,000 $10.0M No change
LWAC Lightwave Acquisition Corp. Class A 1.08% 1,000,000 $9.9M No change
CEPF Cantor Equity Partners Class A 1.05% 950,000 $9.7M New
OYSE Oyster Enterprises II Acq-A 0.98% 900,000 $9.0M No change
TACO Berto Acquisition Corp. 0.90% 800,000 $8.3M No change
WENN Wen Acquisition Corp. Class A 0.88% 800,000 $8.1M No change
TLNCU Talon Capital Corp. 0.87% 800,000 $8.0M New
GPAT GP-Act III Acquisition-A 0.86% 750,000 $8.0M No change
ALF Centurion Acquisition Corp. 0.86% 750,000 $7.9M No change
LPAA Launch One Acquisition Corp. 0.85% 750,000 $7.9M No change
POLE Andretti Acquisition Corp. Class A 0.85% 750,000 $7.8M No change
BRR Columbus Circle Capital Co. Class A 0.82% 750,000 $7.6M No change
COPL Copley Acquisition Corp. Class A 0.82% 750,000 $7.6M No change
ALDF Aldel Financial II Inc. 0.79% 699,234 $7.3M No change
PLMK Plum Acquisition Corp. IV 0.78% 700,000 $7.2M No change
EGHA Egh Acquisition Co. Class A 0.76% 700,000 $7.0M No change
PAII Pyrophyte Acquisition Corp. Class A 0.76% 700,000 $7.0M New
SVCC Stellar V Capital Corp. Class A 0.75% 675,179 $7.0M No change
TDAC Translational Development Ac 0.71% 635,399 $6.6M No change
AXIN Axiom Intelligence Class A 0.70% 650,000 $6.5M No change
TONT Graf Global Corp. Class A 0.69% 600,020 $6.3M No change
BEAG Bold Eagle Acquisition Cor-A 0.68% 600,000 $6.2M No change
JACS Jackson Acquisition Co. Class A 0.68% 600,000 $6.2M No change
PCAP Procap Acquisition Corp. Class A 0.67% 600,000 $6.2M No change
LATAU Galata Acquisition Corp. II 0.65% 600,000 $6.0M New
PACH Pioneer Acquisition I Class A 0.65% 600,000 $6.0M No change
OBA Oxley Bridge Acquisitio Class A 0.65% 600,000 $6.0M No change
AEXA American Exceptionalism Class A 0.61% 513,755 $5.6M New
MRLN Merlin Inc. filed as BLEICHROEDER ACQUISITION COR 0.59% 523,075 $5.4M New
MLAC Mountain Lake Acquisition-A 0.56% 500,000 $5.2M No change
RANG Range Capital Acquisition Co. 0.56% 500,101 $5.1M Add +0.0%
LPBB Launch Two Acquisition Class A 0.56% 489,947 $5.1M No change
OTGAU Otg Acquisition Corp. I 0.55% 500,000 $5.0M New
KCHV Kochav Defense Acquisition-A 0.54% 500,000 $5.0M No change
HVMCU Highview Merger Corp. 0.54% 500,000 $5.0M New
CHECU Chenghe Acquisition III Co. 0.54% 500,000 $5.0M New
INFQ Infleqtion Inc. filed as CHURCHILL CAP CORP X 0.52% 370,000 $4.8M New
CAEP Cantor Equity Partners III-A 0.48% 425,000 $4.4M No change
BXP BXP Inc. 0.45% 56,200 $4.2M New
SOCA Solarius Capital Acquis Class A 0.45% 416,687 $4.2M New
CEPO Cantor Equity Partners I-A 0.42% 367,176 $3.8M Reduce -18.4%
KOYNU CSLM Digital Asset Acquisiti 0.38% 350,000 $3.5M New
BCSS.U Bain Capital GSS Investment 0.38% 350,000 $3.5M New
FCRS.U Futurecrest Acquisition Corp. 0.34% 300,000 $3.2M New
CEPT Cantor Equity Partners Class A 0.34% 300,000 $3.2M No change
OACC Oaktree Acquisition Corp. I-A 0.34% 300,000 $3.2M No change
VACH Voyager Acquisition Corp. 0.34% 300,000 $3.1M No change
RAC Rithm Acquisition Corp. Class A 0.33% 300,000 $3.1M No change
FIGX Figx Capital Acquisition C-A 0.33% 300,000 $3.0M No change
CUB Lionheart Holdings Class A 0.28% 250,000 $2.6M No change
ONCH 1RT Acquisition Corp. Class A 0.28% 250,000 $2.6M New
NTWO Newbury Street II Ac Class A 0.28% 249,418 $2.6M No change
BCAR D. Boral Arc Acquisit Class A 0.27% 250,000 $2.5M New
RTAC Renatus Tactical Acquisiti-A 0.24% 200,000 $2.2M Reduce -33.3%
MCGA Yorkville Acquisition Corp. Class A 0.23% 200,000 $2.1M New
WLAC Willow Lane Acquisition Class A 0.23% 180,106 $2.1M Reduce -37.0%
CCII Cohen Circle Acquisit II - A 0.22% 200,000 $2.0M New
LIVEPERSON INC 0.20% 3,169,903 $1.8M New
WOLF Wolfspeed Inc. 0.20% 64,515 $1.8M New
SPEG Silver Pegasus Acquisition-A 0.19% 176,060 $1.8M New
ARAY Accuray Inc. 0.18% 1,000,000 $1.7M Reduce -33.3%
IPEX Inflection Point Acquisition filed as MAYWOOD ACQUISITION CORP 0.14% 125,000 $1.3M No change
FRNM Freenome Inc. filed as PERCEPTIVE CAP SOLUTIONS COR 0.11% 100,000 $1.1M No change
IBAC Ib Acquisition Corp. 0.11% 100,000 $1.1M No change
PMTR Perimeter Acquis Corp. I Class A 0.11% 100,000 $1.0M No change
CHPG Championsgate Acquisitio-A 0.11% 100,000 $1.0M No change
MKLYU McKinley Acquisition Corp. 0.11% 100,000 $999K New
GSRT GSR III Acquisition Corp. 0.06% 50,000 $518K No change
SHMD Schmid Group NV 0.00% 14,041 $40K New
ENGENE HOLDINGS INC 0.00% 55,243 $39K No change
YOUL Youlife Group Inc. -ADR 0.00% 10,000 $17K New
DISTOKEN ACQUISITION CORP 0.00% 100,000 $12K Reduce -50.0%
Other holdings (283): bonds, preferreds, convertibles and warrants · $6.7B (not counted above)
SecurityClassShares / PrincipalValueChange
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal 176,548,000$509.6MNew
INTERDIGITAL INC (IDCC 3.5 06/01/27) NOTE 3.500% 6/0 · principal 80,000,000$359.3MAdd +45.5%
RINGCENTRAL INC (RNG 0 03/15/26) NOTE 3/1 · principal 202,500,000$198.1MAdd +1.3%
DEXCOM INC (DXCM 0.25 11/15/25) NOTE 0.250%11/1 · principal 191,713,000$190.8MNo change
TELADOC HEALTH INC (TDOC 1.25 06/01/27) NOTE 1.250% 6/0 · principal 188,653,000$177.6MAdd +45.1%
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) NOTE 0.375% 9/0 · principal 171,514,000$164.5MAdd +19.5%
UNITY SOFTWARE INC (U 0 11/15/26) NOTE 11/1 · principal 171,907,000$164.0MAdd +2.2%
CLOUDFLARE INC (NET 0 08/15/26) NOTE 8/1 · principal 122,500,000$152.3MReduce -24.6%
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) NOTE 0.125% 1/1 · principal 137,036,000$135.6MReduce -1.1%
JAMF HOLDING CORP (JAMF 0.125 09/01/26) NOTE 0.125% 9/0 · principal 129,002,000$124.2MAdd +19.1%
CONMED CORP (CNMD 2.25 06/15/27) NOTE 2.250% 6/1 · principal 125,020,000$120.0MAdd +21.4%
HAEMONETICS CORP (HAE 0 03/01/26) NOTE 3/0 · principal 119,217,000$116.8MNo change
NOVOCURE LTD (NVCR 0 11/01/25) NOTE 11/0 · principal 116,000,000$115.4MAdd +18.7%
TRIPADVISOR INC (TRIP 0.25 04/01/26) NOTE 0.250% 4/0 · principal 115,893,000$113.6MNo change
JBT MAREL CORP (JBTM 0.25 05/15/26) NOTE 0.250% 5/1 · principal 102,013,000$103.2MAdd +35.4%
CONFLUENT INC (CFLT 0 01/15/27) NOTE 1/1 · principal 105,606,000$99.8MAdd +5.5%
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal 102,075,000$97.5MAdd +31.6%
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal 56,148,000$94.8MReduce -38.2%
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) NOTE 2.000% 6/1 · principal 88,536,000$94.6MNo change
GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) NOTE 3.750% 5/1 · principal 38,000,000$92.3MReduce -5.0%
DAYFORCE INC (DAY 0.25 03/15/26) NOTE 0.250% 3/1 · principal 92,081,000$90.2MAdd +2.3%
TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) NOTE 1.500% 6/0 · principal 60,000,000$85.6MAdd +91.0%
RAPID7 INC (RPD 0.25 03/15/27) NOTE 0.250% 3/1 · principal 89,537,000$84.5MNo change
NEOGENOMICS INC (NEO 0.25 01/15/28) NOTE 0.250% 1/1 · principal 96,050,000$83.9MAdd +3.6%
VERINT SYSTEMS INC (VRNT 0.25 04/15/26) NOTE 0.250% 4/1 · principal 82,309,000$81.1MNo change
IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) NOTE 4/0 · principal 65,000,000$80.0MReduce -38.9%
MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) NOTE 0.750% 6/0 · principal 81,675,000$79.6MReduce -15.5%
FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) NOTE 11/0 · principal 78,000,000$77.7MNo change
BLACKLINE INC (BL 0 03/15/26) NOTE 3/1 · principal 79,000,000$77.3MNo change
UPWORK INC (UPWK 0.25 08/15/26) NOTE 0.250% 8/1 · principal 79,509,000$77.0MNo change
PROS HOLDINGS INC (PRO 2.5 07/01/30) DEBT 2.500% 7/0 · principal 56,854,000$74.0MNo change
ZIFF DAVIS INC (ZD 3.625 03/01/28) DEBT 3.625% 3/0 · principal 75,000,000$72.7MReduce -20.6%
ITRON INC (ITRI 0 03/15/26) NOTE 3/1 · principal 65,000,000$69.0MNo change
BENTLEY SYSTEMS (BSY 0.375 07/01/27) NOTE 0.375% 7/0 · principal 72,595,000$68.6MNo change
STRATEGY INC (MSTR 0.625 03/15/30) NOTE 0.625% 3/1 · principal 30,000,000$67.2MNo change
IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) NOTE 1.500% 9/0 · principal 48,002,000$66.0MNew
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal 22,843,000$64.6MReduce -5.6%
ETSY INC (ETSY 0.125 09/01/27) NOTE 0.125% 9/0 · principal 69,639,000$64.3MAdd +6.6%
EXACT SCIENCES CORP (EXAS 0.375 03/01/28) NOTE 0.375% 3/0 · principal 68,000,000$63.2MReduce -19.1%
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal 60,000,000$61.6MNo change
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) NOTE 4.000% 5/0 · principal 25,165,000$61.0MNew
Q2 HOLDINGS INC (QTWO 0.75 06/01/26) NOTE 0.750% 6/0 · principal 58,881,000$61.0MAdd +53.2%
VIAVI SOLUTIONS INC (VIAV 1.625 03/15/26) NOTE 1.625% 3/1 · principal 57,142,000$60.4MReduce -48.1%
FASTLY INC (FSLY 0 03/15/26) NOTE 3/1 · principal 56,140,000$55.0MAdd +51.2%
VAIL RESORTS INC (MTN 0 01/01/26) NOTE 1/0 · principal 54,299,000$53.6MNo change
Q2 HOLDINGS INC (QTWO 0.125 11/15/25) NOTE 0.125%11/1 · principal 52,555,000$52.4MAdd +16.6%
SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) NOTE 12/1 · principal 50,300,000$51.8MReduce -54.5%
HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) NOTE 0.250% 3/0 · principal 44,628,000$51.3MAdd +162.5%
IMAX CORP (IMAX 0.5 04/01/26) NOTE 0.500% 4/0 · principal 42,000,000$49.7MReduce -25.7%
PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) NOTE 1.500%10/1 · principal 47,500,000$46.5MAdd +131.7%
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal 45,000,000$45.5MReduce -10.0%
UGI CORP (UGI 5 06/01/28) NOTE 5.000% 6/0 · principal 35,000,000$45.4MAdd +7.7%
PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) NOTE 1.750%12/1 · principal 46,734,000$45.3MAdd +24.5%
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal 40,540,000$44.1MNew
EXACT SCIENCES CORP (EXAS 0.375 03/15/27) NOTE 0.375% 3/1 · principal 45,700,000$44.0MAdd +2.7%
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) NOTE 2.500% 3/1 · principal 30,000,000$42.1MNo change
ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) NOTE 2.500% 7/1 · principal 33,134,000$40.4MAdd +60.1%
SNOWFLAKE INC (SNOW 0 10/01/27) NOTE 10/0 · principal 26,000,000$39.5MNew
PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) NOTE 1.500% 9/1 · principal 30,000,000$38.6MNew
SPOTIFY USA INC (SPOT 0 03/15/26) NOTE 3/1 · principal 28,011,000$38.4MNew
CALLAWAY GOLF CO (CALY 2.75 05/01/26) NOTE 2.750% 5/0 · principal 35,640,000$35.7MNo change
FIVE9 INC (FIVN 1 03/15/29) NOTE 1.000% 3/1 · principal 40,000,000$35.5MNo change
SHAKE SHACK INC (SHAK 0 03/01/28) NOTE 3/0 · principal 37,072,000$35.3MAdd +32.1%
ZIFF DAVIS INC (ZD 1.75 11/01/26) NOTE 1.750%11/0 · principal 35,550,000$34.7MAdd +2.9%
ETSY INC (ETSY 0.125 10/01/26) NOTE 0.125%10/0 · principal 33,265,000$34.7MReduce -42.9%
MITEK SYSTEMS INC (MITK 0.75 02/01/26) NOTE 0.750% 2/0 · principal 35,000,000$34.5MAdd +75.0%
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) NOTE 4.250% 8/1 · principal 30,000,000$33.5MNo change
CMS ENERGY CORP (CMS 3.375 05/01/28) NOTE 3.375% 5/0 · principal 30,000,000$33.3MNo change
ON SEMICONDUCTOR CORP (ON 0 05/01/27) NOTE 5/0 · principal 27,500,000$31.4MNew
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) NOTE 3.125% 1/1 · principal 19,000,000$31.0MNo change
BURLINGTON STORES INC (BURL 1.25 12/15/27) NOTE 1.250%12/1 · principal 22,500,000$30.5MAdd +167.9%
STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) NOTE 6.750% 7/1 · principal 25,500,000$27.5MNew
OKTA INC (OKTA 0.375 06/15/26) NOTE 0.375% 6/1 · principal 26,706,000$26.0MReduce -1.7%
WORKIVA INC (WK 1.25 08/15/28) NOTE 1.250% 8/1 · principal 26,126,000$25.9MAdd +93.1%
COINBASE GLOBAL INC (COIN 0.5 06/01/26) NOTE 0.500% 6/0 · principal 22,500,000$25.1MNew
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) NOTE 2.625%12/1 · principal 23,000,000$24.4MAdd +84.0%
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) NOTE 2.250% 8/1 · principal 17,792,000$23.7MNew
ALARM.COM HLDGS INC (ALRM 0 01/15/26) NOTE 1/1 · principal 22,009,000$21.7MNo change
ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) NOTE 1.750% 8/1 · principal 21,296,000$20.2MAdd +225.1%
CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) NOTE 3.875% 9/1 · principal 17,500,000$19.5MAdd +75.0%
DYNAVAX TECHNOLOGIES CORP DEBT 2.000% 3/1 · principal 20,000,000$18.7MNo change
POST HOLDINGS INC (POST 2.5 08/15/27) NOTE 2.500% 8/1 · principal 15,000,000$16.9MReduce -53.9%
EVOLENT HEALTH INC DEBT 4.500% 8/1 · principal 16,500,000$16.7MNew
BILL HOLDINGS INC (BILL 0 04/01/27) NOTE 4/0 · principal 17,795,000$16.6MNo change
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal 17,500,000$16.0MReduce -12.5%
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal 10,618,000$15.0MNew
LUCID GROUP INC (LCID 1.25 12/15/26) 1.250 12/15/26 CVT · principal 15,000,000$14.1MNo change
BEYOND MEAT INC (BYND 0 03/15/27) NOTE 3/1 · principal 69,741,000$13.9MAdd +55.0%
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal 10,000,000$13.8MNo change
AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) NOTE 2.000% 3/1 · principal 15,000,000$13.7MNew
SNAP INC (SNAP 0.125 03/01/28) NOTE 0.125% 3/0 · principal 15,264,000$13.7MReduce -9.0%
SOUTHERN CO (SO 4.5 06/15/27) NOTE 4.500% 6/1 · principal 12,000,000$13.5MNo change
LIVANOVA PLC (LIVN 2.5 03/15/29) NOTE 2.500% 3/1 · principal 12,000,000$12.9MNo change
VERITONE INC (VERI 1.75 11/15/26) NOTE 1.750%11/1 · principal 16,956,000$12.8MNo change
APELLIS PHARMACEUTICALS (APLS 3.5 09/15/26) NOTE 3.500% 9/1 · principal 11,950,000$12.2MNo change
PROS HOLDINGS INC (PRO 2.25 09/15/27) NOTE 2.250% 9/1 · principal 12,194,000$12.1MAdd +14.4%
LCI INDUSTRIES (LCII 1.125 05/15/26) NOTE 1.125% 5/1 · principal 10,775,000$10.6MAdd +0.4%
FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) NOTE 0.375% 1/1 · principal 9,674,000$10.5MReduce -23.7%
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal 10,000,000$10.4MNew
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal 10,000,000$10.1MNew
GOPRO INC (GPRO 1.25 11/15/25) NOTE 1.250%11/1 · principal 9,750,000$9.7MNo change
RIVIAN AUTO INC (RIVN 3.625 10/15/30) NOTE 3.625%10/1 · principal 10,000,000$9.4MNew
BLOCK INC (XYZ 0.25 11/01/27) NOTE 0.250%11/0 · principal 9,850,000$9.0MNo change
GUARDANT HEALTH INC (GH 0 11/15/27) NOTE 11/1 · principal 9,000,000$8.7MNew
SNAP INC (SNAP 0.5 05/01/30) NOTE 0.500% 5/0 · principal 10,000,000$8.7MNew
BILL HOLDINGS INC (BILL 0 12/01/25) NOTE 12/0 · principal 8,709,000$8.6MNo change
PAR TECHNOLOGY CORP (PAR 2.875 04/15/26) NOTE 2.875% 4/1 · principal 7,850,000$8.5MNo change
DROPBOX INC (DBX 0 03/01/28) NOTE 3/0 · principal 8,000,000$8.3MNo change
STRATEGY INC (MSTR 0.875 03/15/31) NOTE 0.875% 3/1 · principal 5,000,000$7.9MNo change
CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) NOTE 0.625% 6/1 · principal 7,849,000$7.6MNo change
EVENTBRITE INC (EB 5 12/01/25) NOTE 5.000%12/0 · principal 7,159,000$7.3MNo change
WORKIVA INC (WK 1.125 08/15/26) NOTE 1.125% 8/1 · principal 6,000,000$7.1MNo change
BLACKLINE INC (BL 1 06/01/29) NOTE 1.000% 6/0 · principal 6,094,000$6.3MNew
RAPID7 INC (RPD 1.25 03/15/29) NOTE 1.250% 3/1 · principal 5,574,000$5.0MNew
WORLD KINECT GROUP (WKC 3.25 07/01/28) NOTE 3.250% 7/0 · principal 4,200,000$4.7MNew
TWO HARBORS INV CORP (TWO 6.25 01/15/26) NOTE 6.250% 1/1 · principal 4,245,000$4.3MNo change
CERENCE INC (CRNC 1.5 07/01/28) NOTE 1.500% 7/0 · principal 3,379,000$2.8MNo change
REPLIGEN CORP (RGEN 1 12/15/28) NOTE 1.000%12/1 · principal 2,500,000$2.5MNo change
3D SYSTEMS CORP (DDD 0 11/15/26) NOTE 11/1 · principal 2,756,000$2.5MNo change
EVENTBRITE INC (EB 0.75 09/15/26) NOTE 0.750% 9/1 · principal 2,406,000$2.3MReduce -78.1%
DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) NOTE 12/0 · principal 1,810,000$1.7MReduce -98.7%
EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) NOTE 4.750%10/1 · principal 500,000$975KNew
TVACW Texas Ventures Acq -31 *W EXP 04/23/203 875,000$963KNo change
CRYOPORT INC NOTE 0.750% 12/0 · principal 1,000,000$937KNo change
INFQ.WS Churchill Capital Corp. X *W EXP 05/14/203 250,000$888KNo change
XRPNW Armada Acquisition Corp - A *W EXP 05/21/203 750,000$712KNo change
SNAP INC (SNAP 0 05/01/27) NOTE 5/0 · principal 688,000$638KReduce -96.5%
CHACR Crane Harbor Acquisition-RTS RIGHT 04/17/2030 1,980,000$614KNo change
IPCXR Inflection Point Acquisition RIGHT 04/25/2030 1,250,000$550KNo change
BRRWW Columbus Circle Capital -30 *W EXP 05/16/203 375,000$450KNo change
KYIVW Kyivstar Group Ltd. -30 *W EXP 08/14/203 110,454$448KNew
BBAI.WS Bigbear.ai Holdings -CW28 *W EXP 12/08/202 200,000$424KNo change
TMSWW Live Oak Acquisition Co.-CW29 *W EXP 99/99/999 750,000$407KNo change
HVIIR Hennessy Capital Investment RIGHT 01/17/2030 1,500,000$405KNo change
FERAR Fifth Era Acquisition Corp. I RIGHT 02/21/2030 1,500,000$398KNo change
DAAQW Digital Asset Acquisition-30 *W EXP 04/01/203 625,000$381KNo change
GTENW Gores Holdings X Inc.-31 *W EXP 05/02/203 500,000$380KNo change
SOULPOWER ACQUISITION CORP RIGHT 99/99/9999 1,750,000$333KNo change
RDAGW Republic Digital Acqu - 30 *W EXP 05/01/203 500,000$325KNo change
SZZLR Sizzle Acquisition Corp. -RTS RIGHT 04/02/2030 1,750,000$315KNo change
TACHW Titan Acquisition Corp -30 *W EXP 05/16/203 1,000,000$301KNo change
KFIIR K&F Growth Acquisition Corp. RIGHT 08/29/2031 2,000,000$300KNo change
ATIIW Archimedes Tech-30 *W EXP 10/15/202 750,000$293KNo change
RAAQW REAL ASSET AQC Corp -30 *W EXP 04/24/203 625,000$281KNo change
TACOW Berto Acquisition Corp. - 30 *W EXP 05/01/203 400,000$268KNo change
CRAQR Cal Redwood Acquisition Corp. RIGHT 05/15/2030 1,200,000$264KNew
WLACW Willow Lane Acquisition - 29 *W EXP 10/31/203 92,958$260KNo change
DRDBW Roman DBDR Acquisition -30 *W EXP 10/31/203 505,000$260KNo change
HCMAW HCM III Acquisition Corp. -30 *W EXP 07/23/203 333,333$236KNew
RANGR Range Capital Acquisition Co. RIGHT 99/99/9999 500,000$235KNo change
WENNW Wen Acquisition Corp.-A -31 *W EXP 99/99/999 400,000$224KNo change
NPACW New Providence Acq A -CW28 *W EXP 04/24/203 500,000$220KNo change
CRMLW Critical Metals Corp.-28 *W EXP 02/27/202 100,000$210KNo change
GSHRW Gesher Acquisition Corp. I-30 *W EXP 10/31/203 600,000$201KNo change
JENA ACQUISITION CORP II-RTS RIGHT 03/31/2030 1,000,000$200KNo change
BACCR Blue Acquisition Corp.-RTS RIGHT 06/11/2030 1,200,000$194KNo change
FACWW Cartesian Growth Corp. -30 *W EXP 05/02/203 750,000$188KNo change
APADR A Paradise Acquisition Corp. RIGHT 07/29/2025 1,200,000$186KNew
TVAIR Thayer Ventures Acquisition RIGHT 05/15/2030 1,000,000$170KNo change
ALDFW Aldel Financial II Inc. - 29 *W EXP 09/26/203 312,900$169KNo change
CCAQW Dune Acquisition Corp. II -30 *W EXP 04/04/203 750,000$158KNew
OYSER Oyster Enterprises II Acquis RIGHT 05/22/2030 900,000$153KNo change
VLOSW M3-Brigade Acquisition -30 *W EXP 99/99/999 125,000$153KNo change
EGHAR Egh Acquisition Corp.-RTS RIGHT 99/99/9999 700,000$147KNo change
NHICW Newhold Investment Corp. - 30 *W EXP 01/30/203 400,000$144KNo change
UNITED HOMES GROUP INC *W EXP 03/30/202 75,000$139KNo change
PCAPW Procap Acq Corp. A -30 *W EXP 05/16/203 200,000$130KAdd +0.1%
BEAGR Bold Eagle Acquisition Corp. RIGHT 10/11/2029 474,102$128KReduce -21.0%
SHMDW Schmid Group NV -28 *W EXP 04/30/202 462,500$126KNo change
PAII.WS Pyrophyte Acquisition Corp. I *W EXP 07/30/203 350,000$123KNew
SVCCW Stellar V Capital Corp.-Class-29 *W EXP 10/15/202 337,589$118KNo change
RTACW Renatus Tactical Acqu - 30 *W EXP 05/15/203 98,180$118KReduce -50.9%
KCHVR Kochav Defense Acquisition-R RIGHT 05/21/2030 500,000$110KNo change
JACKSON ACQUISITION CO II RIGHT 99/99/9999 400,000$108KNo change
GCMGW GCM Grosvenor Inc. A -CW25 *W EXP 11/17/202 200,902$107KNo change
AXINR Axiom Intelligence Acquisiti RIGHT 06/10/2030 650,000$104KNo change
EVAC.WS Eqv Ventures Acquisition Cor *W EXP 06/30/203 433,333$104KNew
LWACW Lightwave Acquisition Corp. *W EXP 06/06/203 500,000$96KNo change
PLMKW Plum Acquisition Corp. IV-30 *W EXP 08/19/202 350,000$95KNo change
TDACW Translational Dev -A -CW26 *W EXP 12/18/202 317,699$92KNo change
FACTW Fact II Acquisition Corp. -29 *W EXP 11/26/203 300,000$84KNo change
MCGAW Yorkville Acquisition - 30 *W EXP 06/06/203 66,666$80KNo change
COPL.WS Copley Acquisition Corp. -30 *W EXP 99/99/999 375,000$75KNo change
MLACR Mountain Lake Acquisition Co. RIGHT 11/15/2028 500,000$75KNo change
IPEXR Inflection Point Acquisition RIGHT 99/99/9999 125,000$75KNo change
BLUWW Blue Water Acquisition-CW26 *W EXP 05/23/203 500,000$71KNo change
TMCWW TMC the Metals Co. Inc. -CW25I *W EXP 09/09/202 67,500$71KNo change
TONT.WS Graf Global Corp.- 29 *W EXP 05/31/203 200,000$66KNo change
PACHW Pioneer Acquisition I Corp. *W EXP 06/16/203 300,000$66KNo change
RAC.WS Rithm Acquisition Corp. - 30 *W EXP 99/99/999 100,000$66KNo change
NIOBW Niocorp Developments Ltd. -28 *W EXP 03/17/202 33,333$61KNo change
ONCHW 1RT Acquisition Corp.-A -31 *W EXP 06/26/203 62,500$56KNew
KDKRW Ares Acquisition Corp. II-28 *W EXP 09/25/203 50,000$53KNew
DRTSW Alpha Tau Medical Ltd. -27 *W EXP 99/99/999 150,000$52KNo change
SOCAW Solarius Capital Acqui -30 *W EXP 07/10/203 208,343$52KNew
OBAWW Oxley Bridge Acq Ltd. -30 *W EXP 06/17/203 300,000$51KNo change
ALFUW Centurion Acquisition - 29 *W EXP 05/31/203 150,000$51KNo change
CCIIW Cohen Circle Acq II -30 *W EXP 07/01/203 50,000$48KNew
MDAIW Spectral AI -CW27 *W EXP 09/11/202 66,666$47KNo change
LPBBW Launch Two Acquisition -29 *W EXP 10/09/202 125,000$46KNo change

Largest 200 of 283 shown.

Total filed on the 13F, all lines: $7.6B.

Portfolio Sells Q2 2025 → Q3 2025
CYBR Cyberark Software Ltd./Israel Sold out 0.00% −0.82
HAYMAKER ACQUISITION CORP 4 Sold out 0.00% −0.76
CCIR Cohen Circle Acquisitio Class A Sold out 0.00% −0.75
CEPO Cantor Equity Partners I-A Reduce -18.4% 0.42% −0.32
RTAC Renatus Tactical Acquisiti-A Reduce -33.3% 0.24% −0.25
IMSR Terrestrial Energy Inc. Sold out 0.00% −0.22
WLAC Willow Lane Acquisition Class A Reduce -37.0% 0.23% −0.18
NETD Nabors Energy Transition C-A Sold out 0.00% −0.15
MIR Mirion Technologies Inc. Sold out 0.00% −0.13
ARAY Accuray Inc. Reduce -33.3% 0.18% −0.10
SPKLF Spark I Acquisition Corp. Sold out 0.00% −0.07
BKHA Black Hawk Acquisition Cor-A Sold out 0.00% −0.05
BTDR Bitdeer Technologies Group-A Sold out 0.00% −0.05
FLYYQ Spirit Aviation Holdings Inc. Sold out 0.00% −0.03
DISTOKEN ACQUISITION CORP Reduce -50.0% 0.00% −0.00
IREN Iren Ltd. Reduce -17.5% 1.47% +0.77

Portfolio Buys Q2 2025 → Q3 2025
XRPN Armada Acquisition Class A New 1.70% +1.70
DMIIU Drugs Made in America Acquis New 1.62% +1.62
EVAC Eqv Ventures Acquisition C-A New 1.40% +1.40
CCIX Churchill Capital Corp. Ix Add +618.8% 1.63% +1.34
ENHA Enhanced Group Inc. New 1.29% +1.29
BDCIU BTC Development Corp. New 1.23% +1.23
HDRN Hadron Energy Inc. Add +232.9% 1.93% +1.21
MBVIU M3-Brigade Acquisition Vi Co. New 1.21% +1.21
SVACU Spring Valley Acquisition Co. New 1.11% +1.11
BLZRU Trailblazer Acquisition Corp. New 1.11% +1.11
HCMA HCM III Acquisition Cor Class A New 1.10% +1.10
CEPF Cantor Equity Partners Class A New 1.05% +1.05
TLNCU Talon Capital Corp. New 0.87% +0.87
PAII Pyrophyte Acquisition Corp. Class A New 0.76% +0.76
LATAU Galata Acquisition Corp. II New 0.65% +0.65
AEXA American Exceptionalism Class A New 0.61% +0.61
MRLN Merlin Inc. New 0.59% +0.59
OTGAU Otg Acquisition Corp. I New 0.55% +0.55
HVMCU Highview Merger Corp. New 0.54% +0.54
CHECU Chenghe Acquisition III Co. New 0.54% +0.54
INFQ Infleqtion Inc. New 0.52% +0.52
BXP BXP Inc. New 0.45% +0.45
SOCA Solarius Capital Acquis Class A New 0.45% +0.45
VCIC Vine Hill Capital Class A Add +67.9% 1.46% +0.39
KOYNU CSLM Digital Asset Acquisiti New 0.38% +0.38
BCSS.U Bain Capital GSS Investment New 0.38% +0.38
FCRS.U Futurecrest Acquisition Corp. New 0.34% +0.34
ONCH 1RT Acquisition Corp. Class A New 0.28% +0.28
BCAR D. Boral Arc Acquisit Class A New 0.27% +0.27
MCGA Yorkville Acquisition Corp. Class A New 0.23% +0.23
CCII Cohen Circle Acquisit II - A New 0.22% +0.22
LIVEPERSON INC New 0.20% +0.20
WOLF Wolfspeed Inc. New 0.20% +0.20
VLOS Velos Acquisition I Corp. Add +58.3% 1.36% +0.19
SPEG Silver Pegasus Acquisition-A New 0.19% +0.19
MKLYU McKinley Acquisition Corp. New 0.11% +0.11
SHMD Schmid Group NV New 0.00% +0.00
YOUL Youlife Group Inc. -ADR New 0.00% +0.00
FACT Fact II Acquisition Corp. Add +17.6% 1.12% −0.08
RANG Range Capital Acquisition Co. Add +0.0% 0.56% −0.14
KFII K&F Growth Acquisition Cor-A Add +0.1% 2.22% −0.58

Notes & Other Activity Q2 2025 → Q3 2025
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal New 176,548,000 $509.6M
INTERDIGITAL INC (IDCC 3.5 06/01/27) NOTE 3.500% 6/0 · principal Add +45.5% 80,000,000 $359.3M
CARNIVAL CORP NOTE 5.750% 12/1 · principal Sold out 110,000,000 $242.9Mbefore exit
RINGCENTRAL INC (RNG 0 03/15/26) NOTE 3/1 · principal Add +1.3% 202,500,000 $198.1M
TELADOC HEALTH INC (TDOC 1.25 06/01/27) NOTE 1.250% 6/0 · principal Add +45.1% 188,653,000 $177.6M
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) NOTE 0.375% 9/0 · principal Add +19.5% 171,514,000 $164.5M
UNITY SOFTWARE INC (U 0 11/15/26) NOTE 11/1 · principal Add +2.2% 171,907,000 $164.0M
CLOUDFLARE INC (NET 0 08/15/26) NOTE 8/1 · principal Reduce -24.6% 122,500,000 $152.3M
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) NOTE 0.125% 1/1 · principal Reduce -1.1% 137,036,000 $135.6M
JAMF HOLDING CORP (JAMF 0.125 09/01/26) NOTE 0.125% 9/0 · principal Add +19.1% 129,002,000 $124.2M
CONMED CORP (CNMD 2.25 06/15/27) NOTE 2.250% 6/1 · principal Add +21.4% 125,020,000 $120.0M
NOVOCURE LTD (NVCR 0 11/01/25) NOTE 11/0 · principal Add +18.7% 116,000,000 $115.4M
EVOLENT HEALTH INC (EVH 1.5 10/15/25) NOTE 1.500%10/1 · principal Sold out 108,650,000 $107.8Mbefore exit
JBT MAREL CORP (JBTM 0.25 05/15/26) NOTE 0.250% 5/1 · principal Add +35.4% 102,013,000 $103.2M
CONFLUENT INC (CFLT 0 01/15/27) NOTE 1/1 · principal Add +5.5% 105,606,000 $99.8M
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal Add +31.6% 102,075,000 $97.5M
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal Reduce -38.2% 56,148,000 $94.8M
GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) NOTE 3.750% 5/1 · principal Reduce -5.0% 38,000,000 $92.3M
DAYFORCE INC (DAY 0.25 03/15/26) NOTE 0.250% 3/1 · principal Add +2.3% 92,081,000 $90.2M
VARONIS SYSTEM INC (VRNS 1.25 08/15/25) NOTE 1.250% 8/1 · principal Sold out 51,999,000 $86.3Mbefore exit
INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) NOTE 0.500% 8/1 · principal Sold out 86,161,000 $85.7Mbefore exit
TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) NOTE 1.500% 6/0 · principal Add +91.0% 60,000,000 $85.6M
NEOGENOMICS INC (NEO 0.25 01/15/28) NOTE 0.250% 1/1 · principal Add +3.6% 96,050,000 $83.9M
WIX LTD (WIX 0 08/15/25) NOTE 8/1 · principal Sold out 83,500,000 $83.0Mbefore exit
IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) NOTE 4/0 · principal Reduce -38.9% 65,000,000 $80.0M
MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) NOTE 0.750% 6/0 · principal Reduce -15.5% 81,675,000 $79.6M
ZIFF DAVIS INC (ZD 3.625 03/01/28) DEBT 3.625% 3/0 · principal Reduce -20.6% 75,000,000 $72.7M
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal Sold out 54,335,000 $70.9Mbefore exit
IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) NOTE 1.500% 9/0 · principal New 48,002,000 $66.0M
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal Reduce -5.6% 22,843,000 $64.6M
ETSY INC (ETSY 0.125 09/01/27) NOTE 0.125% 9/0 · principal Add +6.6% 69,639,000 $64.3M
EXACT SCIENCES CORP (EXAS 0.375 03/01/28) NOTE 0.375% 3/0 · principal Reduce -19.1% 68,000,000 $63.2M
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) NOTE 4.000% 5/0 · principal New 25,165,000 $61.0M
Q2 HOLDINGS INC (QTWO 0.75 06/01/26) NOTE 0.750% 6/0 · principal Add +53.2% 58,881,000 $61.0M
VIAVI SOLUTIONS INC (VIAV 1.625 03/15/26) NOTE 1.625% 3/1 · principal Reduce -48.1% 57,142,000 $60.4M
CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) NOTE 4.500% 8/1 · principal Sold out 28,250,000 $60.4Mbefore exit
FASTLY INC (FSLY 0 03/15/26) NOTE 3/1 · principal Add +51.2% 56,140,000 $55.0M
Q2 HOLDINGS INC (QTWO 0.125 11/15/25) NOTE 0.125%11/1 · principal Add +16.6% 52,555,000 $52.4M
SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) NOTE 12/1 · principal Reduce -54.5% 50,300,000 $51.8M
HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) NOTE 0.250% 3/0 · principal Add +162.5% 44,628,000 $51.3M
IMAX CORP (IMAX 0.5 04/01/26) NOTE 0.500% 4/0 · principal Reduce -25.7% 42,000,000 $49.7M
AIRBNB INC (ABNB 0 03/15/26) NOTE 3/1 · principal Sold out 50,000,000 $48.2Mbefore exit
INNOVIVA INC (INVA 2.5 08/15/25) NOTE 2.500% 8/1 · principal Sold out 40,110,000 $47.2Mbefore exit
PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) NOTE 1.500%10/1 · principal Add +131.7% 47,500,000 $46.5M
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal Reduce -10.0% 45,000,000 $45.5M
UGI CORP (UGI 5 06/01/28) NOTE 5.000% 6/0 · principal Add +7.7% 35,000,000 $45.4M
PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) NOTE 1.750%12/1 · principal Add +24.5% 46,734,000 $45.3M
SEA LTD (SEALTD 2.375 12/01/25) NOTE 2.375%12/0 · principal Sold out 25,000,000 $44.4Mbefore exit
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal New 40,540,000 $44.1M
EXACT SCIENCES CORP (EXAS 0.375 03/15/27) NOTE 0.375% 3/1 · principal Add +2.7% 45,700,000 $44.0M

Showing the first 50 of 138.

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 190$1.5BCCIX, XRPN, GIX, KFII, GTEN
Q1 2026 182$1.5BCCIX, XRPN, GIX, MLAC, KFII
Q4 2025 144$1.2BCCIX, XRPN, MLAC, KFII, TACH
Q3 2025 115$922.2MCHAC, KFII, GTEN, TACH, TVA
Q2 2025 93$727.6MCHAC, GTEN, KFII, TACH, TMS
Q1 2025 50$340.0MZIFF DAVIS INC (ZD 3.625 03/01/28), KFIIU, DYNAVAX TECHNOLOGIES CORP, ATIIU, LOKVU
Q4 2024 38$100.7MDRDBU, TDACU, ALDF, FACTU, BEAG
Q3 2024 28$201.8MZIFF DAVIS INC (ZD 3.625 03/01/28), VERADIGM INC (MDRX 0.875 01/01/27), KVACF, HAT HOLDINGS I LLC/HAT (HASI 0 05/01/25), SKINHEALTH SYSTEMS INC (SKIN 1.25 10/01/26)
Q2 2024 21$26.9MKVACF, RRACF, TONT.U, CCIX, ARYD
Q1 2024 40$216.5MNRG ENERGY INC (NRG 2.75 06/01/48), HARMONIC INC (HLIT 2 09/01/24), NEE, PEGR, KVACF