TENOR CAPITAL MANAGEMENT Co., L.P.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), TENOR CAPITAL MANAGEMENT Co., L.P. reported 182 stock positions worth $1.5 billion. Its top holding was Churchill Capital Corp. Ix (CCIX) at 2.0% of the portfolio, followed by Armada Acquisition Class A (XRPN, 1.5%) and GIGCAPITAL9 Class A (GIX, 1.4%). Compared with Q4 2025, it opened 43 new positions, sold out of 5, added to 4 and reduced 1. The biggest buy was a new position in GIGCAPITAL9 Class A (GIX) and the biggest sale an exit from Crane Harbor Acqu Class A (CHAC).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001346554
Portfolio Value
$1.5B (Q1 2026)
SEC Filing
0001346554-26-000035 ↗ filed May 15, 2026

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 Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.5B $1.5B Q1 2026 Q2 2026: $1.5B Q2 2026

Holdings 182 stocks · $1.5B
CCIX Churchill Capital Corp. Ix 1.95% 2,702,188 $28.9M No change
XRPN Armada Acquisition Class A 1.52% 2,185,000 $22.5M No change
GIX GIGCAPITAL9 Corp. Class A 1.45% 2,178,000 $21.4M New
MLAC Mountain Lake Acquisition-A 1.42% 2,000,000 $21.1M No change
KFII K&F Growth Acquisition Cor-A 1.41% 2,001,000 $20.9M No change
TACH Titan Acquisition Corp. Class A 1.39% 2,000,000 $20.6M No change
GTEN Gores Holdings X Inc. Class A 1.38% 2,000,000 $20.5M No change
HDRN Hadron Energy Inc. filed as GIGCAPITAL7 CORP 1.36% 1,894,982 $20.2M No change
TMS Teamshares Inc. filed as LIVE OAK ACQUISITION CORP V 1.23% 1,750,000 $18.2M No change
SZZL Sizzle Acquisition Corp. Class A 1.22% 1,750,000 $18.0M No change
SOUL Soulpower Acquisition Co. Class A 1.21% 1,750,000 $17.9M No change
SBXE Silverbox Corp. V Class A 1.11% 1,650,000 $16.4M No change
FACT Fact II Acquisition Corp. 1.06% 1,500,000 $15.8M Add +50.0%
ATII Archimedes Tech Spac Partner 1.06% 1,500,000 $15.6M No change
ONEN One Nuclear Energy Inc. filed as HENNESSY CAP INVT CORP VII 1.05% 1,500,000 $15.5M No change
FERA Fifth Era Acquisition Corp. Class A 1.04% 1,500,000 $15.4M No change
NPAC New Providence Acquisition-A 1.04% 1,500,000 $15.4M No change
FAC Factorial Energy Inc. filed as CARTESIAN GROWTH CORP III 1.04% 1,500,000 $15.4M No change
BACC Blue Acquisition Corp. Class A 1.03% 1,493,127 $15.2M Add +13.4%
DMII Drugs Made in America Acquis 1.01% 1,500,000 $15.0M No change
GIW GIGCAPITAL8 Corp. Class A 1.01% 1,500,000 $15.0M No change
ARTC Art Technology Acquisit Class A 0.99% 1,500,000 $14.7M New
EGHA Egh Acquisition Co. Class A 0.98% 1,425,000 $14.5M Add +103.6%
TVA Texas Ventures Acquisition-A 0.98% 1,396,956 $14.5M No change
SDHI Siddhi Acquisition Corp. Class A 0.96% 1,374,599 $14.2M No change
RAAQ Real Asset Acquisiti Class A 0.89% 1,250,000 $13.1M No change
EVAC Eqv Ventures Acquisition C-A 0.89% 1,300,000 $13.1M No change
DAAQ Digital Asset Acquisiti Class A 0.87% 1,250,000 $12.8M No change
IPCX Inflection Point Acquisiti-A 0.86% 1,250,000 $12.8M No change
VCIC Vine Hill Capital Class A 0.84% 1,136,371 $12.5M No change
GSHR Gesher Acquisition Corp. II-A 0.84% 1,200,000 $12.4M No change
BIXI Bitcoin Infrastructure Class A 0.84% 1,250,000 $12.4M No change
ADAC American Drive Acquisit Class A 0.84% 1,250,000 $12.4M No change
ITHA Ithax Acquisition Corp. Class A 0.84% 1,250,000 $12.4M No change
LPCV Launchpad Cadenza Acqui Class A 0.84% 1,250,000 $12.4M No change
MESH Meshflow Acquisition Co. Class A 0.84% 1,250,000 $12.4M No change
ENHA Enhanced Group Inc. filed as A PARADISE ACQUISITION CORP 0.82% 1,200,000 $12.2M No change
CRAQ Cal Redwood Acquisit Class A 0.82% 1,200,000 $12.2M No change
HCIC Hennessy Capital Invest-A 0.80% 1,200,000 $11.8M New
DRDB Roman DBDR Acquisition Corp. 0.79% 1,110,000 $11.6M No change
TAVI Tavia Acquisition Corp. 0.78% 1,090,000 $11.5M No change
BDCI BTC Development Corp. Class A 0.76% 1,125,000 $11.2M No change
SORN Soren Acquisition Corp. Class A 0.75% 1,125,000 $11.1M New
MBVI M3-Brigade Acquisition Class A 0.75% 1,100,000 $11.1M No change
LEGT Legato Merger Corp. III 0.74% 1,000,000 $11.0M No change
CRAN Crane Harbor Acquisitio Class A 0.74% 1,100,000 $10.9M No change
PTOR Praetorian Acquisition Cor-A 0.73% 1,100,000 $10.8M New
MLAA Mountain Lake Acquisiti Class A 0.71% 1,059,588 $10.4M New
NHIC Newhold Investment Cor III-A 0.70% 1,000,000 $10.4M No change
CCAQ Collective Acquisition Corp. filed as DUNE ACQUISITION CORP II 0.70% 1,000,000 $10.3M No change
BLUW Blue Water Acquisition C-A filed as BLUE WTR ACQUISITION CORP. I 0.69% 1,000,000 $10.3M No change
RDAG Republic Digital Acquis Class A 0.69% 1,000,000 $10.2M No change
JENA Jena Acquisition Corp. II - A 0.69% 1,000,000 $10.2M No change
TVAI Thayer Ventures Acquis Class A 0.69% 1,000,000 $10.2M No change
LWAC Lightwave Acquisition Corp. Class A 0.69% 1,000,000 $10.2M No change
GFUZ General Fusion Group Ltd. filed as SPRING VY ACQUISITION CORP I 0.69% 1,000,000 $10.2M No change
BCAR D. Boral Arc Acquisit Class A 0.68% 1,000,000 $10.1M Add +300.0%
HCMA HCM III Acquisition Cor Class A 0.68% 1,000,000 $10.1M No change
BLZR Trailblazer Acquisition Class A 0.68% 1,000,000 $10.1M No change
RNGT Range Capital Acquisit Class A 0.68% 1,000,000 $10.0M No change
ALUB Alussa Energy Acquisit II-A 0.67% 1,000,000 $10.0M No change
CAQ Cambridge Acquisition Corp. Class A 0.67% 1,000,000 $9.9M New
LEGO Legato Merger Corp. IV 0.67% 995,466 $9.9M New
ARCI Archimedes Tech Spac Partner 0.67% 1,000,000 $9.8M New
BIII Black Spade Acquisition Class A 0.67% 1,000,000 $9.8M New
ALOV Aldabra 4 Liquidity Opp Class A 0.66% 1,000,000 $9.8M New
IRAB Iris Acquisition Corp. I Class A 0.66% 1,000,000 $9.8M New
CEPF Cantor Equity Partners Class A 0.65% 950,000 $9.7M No change
OYSE Oyster Enterprises II Acq-A 0.62% 900,000 $9.2M No change
ZKP Lafayette Digital Acquisitio 0.60% 900,000 $8.9M New
MEVO M Evo Global Acquisitio Class A filed as M EVO GBL ACQUISITION CORP I 0.60% 900,000 $8.9M New
APXT Apex Treasury Corp. Class A 0.57% 850,000 $8.4M No change
TACO Berto Acquisition Corp. 0.55% 800,000 $8.2M No change
TLNC Talon Capital Corp. Class A 0.55% 800,000 $8.2M No change
WENN Wen Acquisition Corp. Class A 0.55% 800,000 $8.1M No change
GPAT GP-Act III Acquisition-A 0.55% 750,000 $8.1M No change
ALF Centurion Acquisition Corp. 0.55% 750,000 $8.1M No change
LPAA Launch One Acquisition Corp. 0.54% 750,000 $8.0M No change
POLE Andretti Acquisition Corp. Class A 0.54% 750,000 $8.0M No change
SAC Safeguard Acquisition C Class A 0.54% 800,000 $8.0M No change
HCAC Hall Chadwick Acquisition-A 0.54% 800,000 $7.9M No change
GPAC General Purpose Acquisit-A 0.54% 800,000 $7.9M No change
IACOU Idea Acquisition Corp. 0.54% 800,000 $7.9M New
IGAC Invest Green Acquisitio Class A 0.54% 800,000 $7.9M No change
SVIV Spring Valley Acquisitio-A 0.53% 800,000 $7.9M New
TWLV Twelve Seas Investment Co. Class A 0.53% 800,000 $7.9M No change
KRAQ Krakacquisition Corp. Class A 0.53% 800,000 $7.9M New
MUZE Muzero Acquisition Corp. Class A 0.53% 800,000 $7.9M New
COPL Copley Acquisition Corp. Class A 0.52% 750,000 $7.7M No change
CCXI Churchill Capital Corp. Class A 0.52% 750,000 $7.6M No change
BBCQ Bleichroeder Acquis II Class A 0.51% 750,000 $7.5M New
VHCP Vine Hill Capital Inves Class A 0.50% 750,000 $7.4M No change
PLMK Plum Acquisition Corp. IV 0.50% 700,000 $7.4M No change
ALDF Aldel Financial II Inc. 0.50% 699,234 $7.4M No change
XCBE X3 Acquisition Corp. Ltd. Class A 0.50% 749,998 $7.4M New
PAII Pyrophyte Acquisition Corp. Class A 0.48% 700,000 $7.1M No change
AACOU Abony Acquisition Corp. I 0.48% 713,283 $7.1M New
SVCC Stellar V Capital Corp. Class A 0.48% 675,179 $7.1M No change
EVOX Evolution Global Acquis Class A 0.47% 700,000 $7.0M No change
MZYX.U Mozayyx Acquisition Corp. 0.47% 700,000 $7.0M New
AEAQ Activate Energy Acquisitio-A 0.47% 700,000 $6.9M No change
AACI Armada Acq Corp. III-A 0.47% 700,000 $6.9M New
IPXG Inflection Point Acquisition filed as COLUMBUS CIRCLE CAP CORP II 0.46% 696,961 $6.9M New
TDAC Translational Development Ac 0.45% 635,399 $6.7M No change
AXIN Axiom Intelligence Class A 0.45% 650,000 $6.6M No change
DYOR Insight Digital Partners I-A 0.44% 650,000 $6.5M No change
NSTR Northstar Earth & Space Ente filed as VIKING ACQUISITION CORP I 0.44% 650,000 $6.5M No change
TDWD Tailwind 2.0 Acquisitio Class A 0.44% 650,000 $6.4M No change
TONT Graf Global Corp. Class A 0.43% 600,020 $6.4M No change
JACS Jackson Acquisition Co. Class A 0.43% 600,000 $6.4M No change
BEAG Bold Eagle Acquisition Cor-A 0.43% 600,000 $6.3M No change
DSAC Daedalus Special Acquis Class A 0.42% 625,000 $6.2M No change
PCAP Procap Acquisition Corp. Class A 0.41% 600,000 $6.1M No change
OBA Oxley Bridge Acquisitio Class A 0.41% 600,000 $6.1M No change
PACH Pioneer Acquisition I Class A 0.41% 600,000 $6.1M No change
TMTSU Spartacus Acqu Corp. II 0.41% 600,000 $6.0M New
HACQU HCM IV Acquisition Corp. 0.41% 600,000 $6.0M New
LATA Galata Acqu Corp. II Class A 0.41% 600,000 $6.0M No change
PALOU Paloma Acquisition Corp. I 0.40% 600,000 $6.0M New
LFAC Leapfrog Acquisition Class A 0.40% 600,000 $6.0M No change
WLIIU Willow Lane Acquisition Corp. 0.38% 550,000 $5.6M New
BEBE Tge Value Creative Solu Class A 0.37% 550,000 $5.4M No change
IRHO Iron Horse Acquisitions Corp. 0.36% 547,508 $5.4M No change
RANG Range Capital Acquisition Co. 0.36% 500,101 $5.3M No change
LPBB Launch Two Acquisition Class A 0.35% 489,947 $5.2M No change
KCHV Kochav Defense Acquisition-A 0.35% 500,000 $5.1M No change
CHEC Chenghe Acquisition II Class A 0.34% 500,000 $5.0M No change
CLBR Colombier Acq III Class A 0.34% 500,000 $5.0M New
OTGA Otg Acquisition Corp. I Class A 0.34% 500,000 $5.0M No change
HVMC Highview Merger Corp. Class A 0.34% 500,000 $5.0M No change
SCPQ Social Commerce Partner Class-A 0.33% 500,000 $5.0M No change
IREN Iren Ltd. filed as IREN LIMITED 0.31% 133,900 $4.6M No change
SAAQ Space Asset Acquisition Class A 0.30% 450,000 $4.5M New
CAEP Cantor Equity Partners III-A 0.30% 425,000 $4.4M No change
SOCA Solarius Capital Acquis Class A 0.29% 416,687 $4.2M No change
CEPV Cantor Equity Partners Class A 0.27% 400,000 $4.0M No change
KBON Karbon Capital Partners Class A 0.27% 400,000 $4.0M No change
OIM Oneim Acquisition Class-A 0.27% 400,000 $4.0M New
TRGSU TRG Latin America Acquisitio 0.27% 400,000 $4.0M New
ILLUU Illumination Acquisition Cor 0.27% 400,000 $4.0M New
BLRK Bluerock Acquisition Corp. Class A 0.27% 400,000 $4.0M No change
CEPO Cantor Equity Partners I-A 0.26% 367,176 $3.9M No change
VACH Voyager Acquisition Corp. 0.24% 300,000 $3.6M No change
BCSS Bain Capital GSS Inv- A 0.24% 350,000 $3.5M No change
LKSP Lake Superior Acquisiti Class A 0.24% 350,000 $3.5M No change
KOYN CSLM Digital Asset Acqu - A 0.24% 350,000 $3.5M No change
ACAAU Averin Capital Acquisition C 0.24% 350,000 $3.5M New
DNMX Dynamix Corp. III Class A 0.23% 350,000 $3.5M No change
AEXA American Exceptionalism Class A 0.22% 300,000 $3.2M Reduce -8.3%
OACC Oaktree Acquisition Corp. I-A 0.21% 300,000 $3.2M No change
RAC Rithm Acquisition Corp. Class A 0.21% 300,000 $3.1M No change
FIGX Figx Capital Acquisition C-A 0.20% 300,000 $3.0M No change
FCRS Futurecrest Acquisition Class A 0.20% 300,000 $3.0M No change
BWIV.U Blue Water Acquisition Corp. filed as BLUE WTR ACQUISITION CORP IV 0.20% 300,000 $3.0M New
SVAQ Silicon Valley Acquisit Class A 0.20% 300,000 $3.0M No change
CUB Lionheart Holdings Class A 0.18% 250,000 $2.7M No change
NTWO Newbury Street II Ac Class A 0.18% 249,418 $2.6M No change
ONCH 1RT Acquisition Corp. Class A 0.17% 250,000 $2.5M No change
IEAG Infinite Eagle Class-A 0.17% 250,000 $2.5M New
RTAC Renatus Tactical Acquisiti-A 0.14% 200,000 $2.1M No change
CCII Cohen Circle Acquisit II - A 0.14% 200,000 $2.0M No change
SCII SC II Acquisition Corp. Class A 0.14% 203,257 $2.0M No change
MCGA Yorkville Acquisition Corp. Class A 0.14% 200,000 $2.0M No change
CEPS Cantor Equity Partners Vi -A 0.14% 200,000 $2.0M New
DBCA D. Boral Acquisition I Class A 0.13% 200,000 $2.0M New
XSLL Xsolla Spac 1 Class A 0.13% 190,000 $1.9M New
SPEG Silver Pegasus Acquisition-A 0.12% 176,060 $1.8M No change
KRSP Rice Acquisition Corp. 3-A 0.10% 150,000 $1.5M No change
HAVA Harvard Ave Acquisition Class A 0.10% 150,000 $1.5M No change
KTWO K2 Capital Acquisition Class A filed as K2 CAP ACQUISITION CORP 0.10% 150,000 $1.5M New
IPEX Inflection Point Acquisition 0.09% 125,000 $1.3M No change
PMTR Perimeter Acquis Corp. I Class A 0.07% 100,000 $1.0M No change
CHPG Championsgate Acquisitio-A 0.07% 100,000 $1.0M No change
FVAV Fortress Value Acquis V Class A 0.07% 100,000 $1.0M New
MKLY McKinley Acquisition Co. Class A 0.07% 100,000 $1.0M No change
KPET.U Kpet Ultra Paceline Corp. 0.07% 100,000 $1.0M New
NWAX New America Acquisition Class A 0.02% 35,000 $350K No change
XNDU Xanadu Quantum Technolo Class B 0.02% 40,000 $306K New
ARAY Accuray Inc. 0.01% 500,000 $194K No change
ENGENE HOLDINGS INC 0.01% 55,243 $140K No change
DISTOKEN ACQUISITION CORP 0.00% 100,000 $12K No change
YOUL Youlife Group Inc. -ADR 0.00% 10,000 $10K No change
Other holdings (319): bonds, preferreds, convertibles and warrants · $5.0B (not counted above)
SecurityClassShares / PrincipalValueChange
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal 55,099,000$390.1MReduce 0.0%
TELADOC HEALTH INC (TDOC 1.25 06/01/27) NOTE 1.250% 6/0 · principal 188,653,000$181.7MNo change
UNITY SOFTWARE INC (U 0 11/15/26) NOTE 11/1 · principal 135,378,000$131.8MNo change
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) NOTE 4.000% 5/0 · principal 43,792,000$131.7MAdd +53.3%
CONMED CORP (CNMD 2.25 06/15/27) NOTE 2.250% 6/1 · principal 125,020,000$122.4MNo change
SHAKE SHACK INC (SHAK 0 03/01/28) NOTE 3/0 · principal 122,919,000$116.5MAdd +12.2%
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal 75,000,000$113.8MNew
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) NOTE 0.375% 9/0 · principal 94,500,000$109.6MReduce -44.9%
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal 111,500,000$108.1MReduce -4.3%
JBT MAREL CORP (JBTM 0.25 05/15/26) NOTE 0.250% 5/1 · principal 100,000,000$100.1MAdd +1.9%
NEOGENOMICS INC (NEO 0.25 01/15/28) NOTE 0.250% 1/1 · principal 108,050,000$99.5MAdd +10.2%
RAPID7 INC (RPD 0.25 03/15/27) NOTE 0.250% 3/1 · principal 100,000,000$95.0MAdd +11.7%
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) NOTE 2.000% 6/1 · principal 77,500,000$94.9MAdd +7.2%
UGI CORP (UGI 5 06/01/28) NOTE 5.000% 6/0 · principal 66,416,000$94.5MAdd +9.6%
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) NOTE 1.125% 2/1 · principal 82,500,000$94.3MNew
IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) NOTE 1.500% 9/0 · principal 85,000,000$93.2MAdd +24.0%
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) NOTE 3.125% 1/1 · principal 59,000,000$90.2MAdd +195.0%
COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) NOTE 2.875% 2/1 · principal 68,807,000$80.2MAdd +664.5%
UPWORK INC (UPWK 0.25 08/15/26) NOTE 0.250% 8/1 · principal 75,000,000$73.9MReduce -1.3%
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal 62,934,000$73.7MAdd +55.2%
ON SEMICONDUCTOR CORP (ON 0 05/01/27) NOTE 5/0 · principal 56,180,000$72.3MAdd +12.4%
Q2 HOLDINGS INC (QTWO 0.75 06/01/26) NOTE 0.750% 6/0 · principal 71,893,000$71.7MAdd +7.6%
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal 55,026,000$71.0MAdd +38.9%
SNOWFLAKE INC (SNOW 0 10/01/27) NOTE 10/0 · principal 59,165,000$70.0MAdd +2.6%
ETSY INC (ETSY 0.125 09/01/27) NOTE 0.125% 9/0 · principal 74,639,000$69.7MAdd +7.2%
BENTLEY SYSTEMS (BSY 0.375 07/01/27) NOTE 0.375% 7/0 · principal 72,595,000$69.2MNo change
NUTANIX INC (NTNX 0.5 12/15/29) NOTE 0.500%12/1 · principal 75,000,000$68.1MAdd +134.4%
PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) NOTE 1.500% 9/1 · principal 49,839,000$66.8MNo change
DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) NOTE 12/0 · principal 66,156,000$64.8MAdd +33.3%
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal 13,621,000$64.7MNo change
TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) NOTE 1.500% 6/0 · principal 48,000,000$62.4MReduce -20.0%
CLOUDFLARE INC (NET 0 08/15/26) NOTE 8/1 · principal 52,500,000$61.6MReduce -47.5%
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal 35,000,000$60.5MAdd +33.7%
ZIFF DAVIS INC (ZD 3.625 03/01/28) DEBT 3.625% 3/0 · principal 60,000,000$59.2MReduce -7.7%
LCI INDUSTRIES (LCII 3 03/01/30) NOTE 3.000% 3/0 · principal 43,869,000$53.1MNew
POST HOLDINGS INC (POST 2.5 08/15/27) NOTE 2.500% 8/1 · principal 48,361,000$52.6MAdd +222.4%
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) NOTE 2.625%12/1 · principal 42,990,000$52.0MAdd +86.9%
MKS INC (MKSI 1.25 06/01/30) NOTE 1.250% 6/0 · principal 30,942,000$51.4MNew
MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) NOTE 0.750% 6/0 · principal 47,500,000$47.2MReduce -20.8%
CALLAWAY GOLF CO (CALY 2.75 05/01/26) NOTE 2.750% 5/0 · principal 46,473,000$47.0MAdd +39.8%
WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) NOTE 3.250% 6/1 · principal 35,000,000$46.7MNew
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal 50,000,000$46.3MAdd +233.3%
PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) NOTE 1.750%12/1 · principal 46,734,000$46.2MNo change
UNITY SOFTWARE INC (U 0 03/15/30) NOTE 3/1 · principal 45,000,000$45.1MNew
ADVANCED ENERGY IND (AEIS 2.5 09/15/28) NOTE 2.500% 9/1 · principal 18,500,000$44.6MAdd +55.9%
BLACKLINE INC (BL 1 06/01/29) NOTE 1.000% 6/0 · principal 45,094,000$42.5MAdd +28.5%
DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) NOTE 3/1 · principal 46,096,000$41.6MAdd +53.6%
TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) NOTE 2.250% 3/0 · principal 32,000,000$40.4MAdd +132.6%
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) NOTE 4.250% 8/1 · principal 30,000,000$35.7MNo change
STRATEGY INC (MSTR 0.625 03/15/30) NOTE 0.625% 3/1 · principal 30,000,000$34.6MNo change
PEABODY ENERGY CORP (BTU 3.25 03/01/28) NOTE 3.250% 3/0 · principal 18,000,000$33.0MNo change
IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) NOTE 1.750% 6/1 · principal 21,710,000$32.9MAdd +102.0%
STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) NOTE 6.750% 7/1 · principal 30,500,000$31.7MAdd +19.6%
CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) NOTE 2.375%12/1 · principal 21,000,000$31.2MNo change
SOFI TECHNOLOGIES INC (SOFI 1.25 03/15/29) NOTE 1.250% 3/1 · principal 16,960,000$31.0MNew
CMS ENERGY CORP (CMS 3.375 05/01/28) NOTE 3.375% 5/0 · principal 27,000,000$30.9MReduce -10.0%
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal 28,920,000$29.6MAdd +65.3%
FASTLY INC (FSLY 7.75 06/01/28) NOTE 7.750% 6/0 · principal 15,000,000$28.2MAdd +76.5%
GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) NOTE 1.250%11/0 · principal 28,000,000$28.1MAdd +181.4%
ETSY INC (ETSY 0.125 10/01/26) NOTE 0.125%10/0 · principal 28,265,000$27.7MReduce -15.0%
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) NOTE 2.500% 3/1 · principal 15,000,000$27.1MReduce -62.0%
OKTA INC (OKTA 0.375 06/15/26) NOTE 0.375% 6/1 · principal 26,706,000$26.5MNo change
FLUOR CORP (FLR 1.125 08/15/29) NOTE 1.125% 8/1 · principal 20,352,000$25.2MNew
HAT HOLDINGS I LLC NOTE 3.750% 8/1 · principal 17,000,000$24.3MNew
LIVANOVA PLC (LIVN 2.5 03/15/29) NOTE 2.500% 3/1 · principal 20,000,000$23.4MAdd +66.7%
STRATEGY INC (MSTR 0.875 03/15/31) NOTE 0.875% 3/1 · principal 23,500,000$22.7MAdd +27.0%
RIVIAN AUTO INC (RIVN 3.625 10/15/30) NOTE 3.625%10/1 · principal 23,000,000$22.4MNo change
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal 20,000,000$21.5MAdd +100.0%
DROPBOX INC (DBX 0 03/01/28) NOTE 3/0 · principal 22,500,000$21.4MAdd +80.0%
CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) NOTE 3.875% 9/1 · principal 17,500,000$21.4MNo change
FIVE9 INC (FIVN 1 03/15/29) NOTE 1.000% 3/1 · principal 23,000,000$20.0MReduce -42.5%
SNAP INC (SNAP 0.125 03/01/28) NOTE 0.125% 3/0 · principal 21,764,000$19.9MAdd +42.6%
COINBASE GLOBAL INC (COIN 0.5 06/01/26) NOTE 0.500% 6/0 · principal 20,000,000$19.9MAdd +300.0%
OMNICELL INC (OMCL 1 12/01/29) NOTE 1.000%12/0 · principal 20,050,000$19.6MNo change
ALIGNMENT HEALTHCARE (ALHC 4.25 11/15/29) NOTE 4.250%11/1 · principal 12,500,000$17.8MNo change
VERTEX INC (VERX 0.75 05/01/29) NOTE 0.750% 5/0 · principal 20,000,000$17.5MReduce -44.1%
BILL HOLDINGS INC (BILL 0 04/01/27) NOTE 4/0 · principal 17,795,000$17.2MNo change
RAPID7 INC (RPD 1.25 03/15/29) NOTE 1.250% 3/1 · principal 20,000,000$17.0MNo change
VERITONE INC (VERI 1.75 11/15/26) NOTE 1.750%11/1 · principal 16,956,000$16.4MNo change
SNAP INC (SNAP 0.5 05/01/30) NOTE 0.500% 5/0 · principal 20,000,000$16.2MAdd +100.0%
CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30) NOTE 2.000% 3/1 · principal 15,000,000$15.3MNew
ITRON INC (ITRI 1.375 07/15/30) NOTE 1.375% 7/1 · principal 15,000,000$15.2MNew
WORLD KINECT GROUP (WKC 3.25 07/01/28) NOTE 3.250% 7/0 · principal 13,500,000$14.3MReduce -8.9%
GUARDANT HEALTH INC (GH 0 11/15/27) NOTE 11/1 · principal 13,115,000$13.4MNo change
WORKIVA INC (WK 1.125 08/15/26) NOTE 1.125% 8/1 · principal 13,000,000$13.0MReduce -4.0%
APELLIS PHARMACEUTICALS (APLS 3.5 09/15/26) NOTE 3.500% 9/1 · principal 11,950,000$12.7MNo change
INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) NOTE 2.125% 2/1 · principal 9,168,000$11.0MNew
LEMAITRE VASCULAR INC (LMAT 2.5 02/01/30) NOTE 2.500% 2/0 · principal 9,000,000$10.2MNo change
SNAP INC (SNAP 0 05/01/27) NOTE 5/0 · principal 10,389,000$9.9MAdd +234.6%
EVOLENT HEALTH INC DEBT 4.500% 8/1 · principal 17,500,000$9.1MNo change
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal 11,000,000$8.9MReduce -81.7%
BLOCK INC (XYZ 0.25 11/01/27) NOTE 0.250%11/0 · principal 9,350,000$8.8MNo change
PAR TECHNOLOGY CORP (PAR 1 01/15/30) NOTE 1.000% 1/1 · principal 11,284,000$8.8MNew
VARONIS SYSTEM INC (VRNS 1 09/15/29) NOTE 1.000% 9/1 · principal 10,000,000$8.8MNew
LCI INDUSTRIES (LCII 1.125 05/15/26) NOTE 1.125% 5/1 · principal 8,275,000$8.3MReduce -23.2%
REPLIGEN CORP (RGEN 1 12/15/28) NOTE 1.000%12/1 · principal 8,092,000$7.9MAdd +223.7%
WORKIVA INC (WK 1.25 08/15/28) NOTE 1.250% 8/1 · principal 7,626,000$7.2MReduce -70.8%
SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) NOTE 0.250%10/0 · principal 5,000,000$6.3MNo change
BOX INC (BOX 1.5 09/15/29) NOTE 1.500% 9/1 · principal 5,500,000$5.1MNew
BEYOND MEAT INC (BYND 7 10/15/30) DEBT 10/1 · principal 6,999,000$4.7MNew
BEYOND MEAT INC (BYND 0 03/15/27) NOTE 3/1 · principal 5,000,000$4.2MNo change
JOBY AVIATION INC (JOBY 0.75 02/15/32) NOTE 0.750% 2/1 · principal 4,000,000$3.5MNew
PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) NOTE 1.500%10/1 · principal 3,340,000$3.1MReduce -93.0%
WOLFSPEED INC (WOLF 2.5 06/15/31) NOTE 2.500% 6/1 · principal 1,728,000$2.5MNo change
ARROWHEAD RESEARCH CORP (ARWR 0 01/15/32) NOTE 1/1 · principal 2,000,000$2.1MNew
TMSWW Live Oak Acquisition Co.-CW29 *W EXP 99/99/999 733,157$1.0MReduce -2.3%
RAAQW REAL ASSET AQC Corp -30 *W EXP 04/24/203 625,000$831KNo change
APADR A Paradise Acquisition Corp. RIGHT 07/29/2025 1,200,000$542KNo change
FACWW Cartesian Growth Corp. -30 *W EXP 05/02/203 750,000$510KNo change
GIXXR GIGCAPITAL9 Corp.-RTS RIGHT 12/01/2030 2,178,000$479KNew
FERAR Fifth Era Acquisition Corp. I RIGHT 02/21/2030 1,500,000$450KNo change
GIWWR GIGCAPITAL8 Corp.-RTS RIGHT 09/30/2030 1,500,000$450KNo change
XRPNW Armada Acquisition Corp - A *W EXP 05/21/203 750,000$450KNo change
HVIIR Hennessy Capital Investment RIGHT 01/17/2030 1,500,000$428KNo change
TVACW Texas Ventures Acq -31 *W EXP 04/23/203 875,000$402KNo change
ATIIW Archimedes Tech-30 *W EXP 10/15/202 750,000$383KNo change
BACCR Blue Acquisition Corp.-RTS RIGHT 06/11/2030 1,200,000$360KNo change
KFIIR K&F Growth Acquisition Corp. RIGHT 08/29/2031 2,000,000$360KNo change
GFUZW Spring Valley Acq Co. -30 *W EXP 09/04/203 333,333$347KNo change
TACHW Titan Acquisition Corp -30 *W EXP 05/16/203 1,000,000$332KNo change
SOULPOWER ACQUISITION CORP RIGHT 99/99/9999 1,750,000$315KNo change
SZZLR Sizzle Acquisition Corp. -RTS RIGHT 04/02/2030 1,750,000$298KNo change
SDHIR Siddhi Acquisition Corp. RIGHT 09/15/2029 1,374,599$294KNo change
GTENW Gores Holdings X Inc.-31 *W EXP 05/02/203 500,000$280KNo change
CRAQR Cal Redwood Acquisition Corp. RIGHT 05/15/2030 1,200,000$264KNo change
BLUWW Blue Water Acquisition-CW26 *W EXP 05/23/203 500,000$250KNo change
BBCQW Bleichroeder Acquisition Cor *W EXP 12/23/203 250,000$238KNew
DAAQW Digital Asset Acquisition-30 *W EXP 04/01/203 625,000$235KNo change
SBXE.WS Silverbox Corp. V *W EXP 09/16/203 550,000$233KAdd +0.1%
VLOSW M3-Brigade Acquisition -30 *W EXP 99/99/999 771,728$230KAdd +2.3%
RDAGW Republic Digital Acqu - 30 *W EXP 05/01/203 500,000$220KNo change
CCAQW Dune Acquisition Corp. II -30 *W EXP 04/04/203 750,000$217KNo change
HCICR Hennessy Capital Investm-RTS RIGHT 02/02/2031 1,200,000$210KNew
TVAIR Thayer Ventures Acquisition RIGHT 05/15/2030 1,000,000$200KNo change
CRANR Crane Harbor Acquisition-RTS RIGHT 12/09/2030 1,100,000$198KNo change
HCACR Hall Chadwick Acquisi-Rights RIGHT 11/20/2030 800,000$192KNo change
BIXIW Bitcoin Infrastructure Acqui *W EXP 11/06/203 625,000$186KNo change
RNGTW Range Capital Acquisition Co. *W EXP 09/29/203 500,000$179KNo change
EGHAR Egh Acquisition Corp.-RTS RIGHT 99/99/9999 700,000$175KNo change
PLMKW Plum Acquisition Corp. IV-30 *W EXP 08/19/202 350,000$175KNo change
JENA ACQUISITION CORP II-RTS RIGHT 03/31/2030 1,000,000$170KNo change
NHICW Newhold Investment Corp. - 30 *W EXP 01/30/203 400,000$164KNo change
SAC.WS Safeguard Acquisition Corp. *W EXP 99/99/999 400,000$160KNo change
GSHRW Gesher Acquisition Corp. I-30 *W EXP 10/31/203 600,000$158KNo change
IRAB.WS Iris Acq Corp. II -31 *W EXP 08/15/203 500,000$154KNew
MEVOW M Evo Global Acq -31 *W EXP 02/18/203 450,000$153KNew
IGACR Invest Green Acquisition-RTS RIGHT 11/17/2030 800,000$152KNo change
ALOVW Aldabra 4 Liquidity Opportun *W EXP 12/23/203 333,333$150KNew
HCMAW HCM III Acquisition Corp. -30 *W EXP 07/23/203 333,333$150KNo change
ITHAW Ithax Acquisition Corp. III *W EXP 11/17/203 625,000$150KNo change
RANGR Range Capital Acquisition Co. RIGHT 99/99/9999 500,000$150KNo change
DRTSW Alpha Tau Medical Ltd. -27 *W EXP 99/99/999 150,000$150KNo change
SVIVW Spring Valley Acquisition Co. *W EXP 01/22/203 200,000$146KNew
GME.WS Gamestop Corp. *W EXP 10/30/202 36,658$143KNo change
EVOXW Evolution Global Acquisition *W EXP 10/22/203 350,000$140KNew
BDCIW BTC Development Corp. - 30 *W EXP 09/11/203 281,250$135KNo change
ARCIW Archimedes Tech Spac Partner *W EXP 01/23/203 250,000$134KNew
TLNCW Talon Capital Corp.-30 *W EXP 08/27/203 266,666$133KNo change
BLZRW Trailblazer Acqui Corp. -30 *W EXP 09/30/203 333,333$132KNo change
EVAC.WS Eqv Ventures Acquisition Cor *W EXP 06/30/203 433,333$130KNo change
MLACR Mountain Lake Acquisition Co. RIGHT 11/15/2028 500,000$130KNo change
WENNW Wen Acquisition Corp.-A -31 *W EXP 99/99/999 400,000$128KNo change
MBVIW M3-Brigade Acquisition Vi Co. *W EXP 08/18/203 366,666$127KNo change
ADACW American Dr Acq A -30 *W EXP 02/06/203 416,666$125KNo change
TDWDR Tailwind 2.0 Acquisition-RTS RIGHT 11/07/2030 650,000$124KNo change
AXINR Axiom Intelligence Acquisiti RIGHT 06/10/2030 650,000$123KNo change
PTORW Praetorian Acquisition Corp. *W EXP 01/16/203 366,666$121KNew
TWLVR Twelve Seas Investment Co. II RIGHT 11/21/2030 800,000$120KNo change
LWACW Lightwave Acquisition Corp. *W EXP 06/06/203 500,000$120KNo change
ALUB.WS Alussa Energy Acquisition-30 *W EXP 99/99/999 333,333$120KNo change
DMIIR Drugs Made in America Acq-RT RIGHT 09/16/2030 1,500,000$120KNo change
FACTW Fact II Acquisition Corp. -29 *W EXP 11/26/203 300,000$120KNo change
KRAQW Krakacq Corp. -31 *W EXP 12/23/203 200,000$120KNew
SORNW Soren Acquisition Corp. *W EXP 12/19/203 375,000$120KNew
KCHVR Kochav Defense Acquisition-R RIGHT 05/21/2030 500,000$119KNo change
BIII.WS Black Spade Acquisition III *W EXP 99/99/999 333,333$117KNew
AEAQW Activate Energy Acquisition *W EXP 11/10/203 350,000$116KNo change
PAII.WS Pyrophyte Acquisition Corp. I *W EXP 07/30/203 350,000$116KNo change
ARTCW Art Technology Acquisition C *W EXP 12/19/203 375,000$113KNew
OYSER Oyster Enterprises II Acquis RIGHT 05/22/2030 900,000$113KNo change
ALDFW Aldel Financial II Inc. - 29 *W EXP 09/26/203 312,900$110KNo change
TACOW Berto Acquisition Corp. - 30 *W EXP 05/01/203 400,000$108KNo change
MESHW Meshflow Acquisition Corp. *W EXP 11/20/203 416,666$108KNo change
DRDBW Roman DBDR Acquisition -30 *W EXP 10/31/203 505,000$107KNo change
BAERW Wildfire New Pubco Inc.-27 *W EXP 01/24/202 274,854$107KNo change
LEGO.WS Legato Merger Corp. IV *W EXP 99/99/999 331,822$107KNew
SVIAW Procap Financial Inc. *W EXP 12/05/203 375,000$105KNo change
AACIW Armada Acquisition Corp. III *W EXP 02/13/203 350,000$105KNew
SAAQW Space Asset Acquisition Corp. *W EXP 03/31/203 150,000$105KNew
APXTW Apex Treasury Corp. -30 *W EXP 10/07/203 425,000$102KNo change
VHCPW Vine Hill Capital Investment *W EXP 11/25/203 250,000$100KAdd +0.1%
GPACW General Purpose Acquisition *W EXP 12/03/203 400,000$96KNo change
LPCVW Launchpad Cadenza Acquisitio *W EXP 12/15/203 416,666$96KNo change
NPACW New Providence Acq A -CW28 *W EXP 04/24/203 500,000$95KNo change
MUZEW Muzero Acquisition - 30 *W EXP 01/30/203 400,000$92KNew
DYORW Insight Digital Partners II *W EXP 10/28/203 325,000$91KNo change
XCBEW X3 Acquisition Corp. Ltd. *W EXP 12/19/203 374,999$90KNew
CAQUW Cambridge Acquisition Corp. *W EXP 01/30/203 333,333$90KNew
LFACW Leapfrog Acquisition Corp. *W EXP 11/10/203 300,000$87KNo change
IPXGW Columbus Circle Capital Corp. *W EXP 02/11/203 232,320$84KNew

Largest 200 of 319 shown.

Total filed on the 13F, all lines: $6.5B.

Portfolio Sells Q4 2025 → Q1 2026
CHAC Crane Harbor Acqu Corp. Class A Sold out 0.00% −1.33
MRLN Merlin Inc. Sold out 0.00% −0.44
ZTS Zoetis Inc. Sold out 0.00% −0.32
CEPT Cantor Equity Partners Class A Sold out 0.00% −0.16
AEXA American Exceptionalism Class A Reduce -8.3% 0.22% −0.09
FRNM Freenome Inc. Sold out 0.00% −0.05

Portfolio Buys Q4 2025 → Q1 2026
GIX GIGCAPITAL9 Corp. Class A New 1.45% +1.45
ARTC Art Technology Acquisit Class A New 0.99% +0.99
HCIC Hennessy Capital Invest-A New 0.80% +0.80
SORN Soren Acquisition Corp. Class A New 0.75% +0.75
PTOR Praetorian Acquisition Cor-A New 0.73% +0.73
MLAA Mountain Lake Acquisiti Class A New 0.71% +0.71
CAQ Cambridge Acquisition Corp. Class A New 0.67% +0.67
LEGO Legato Merger Corp. IV New 0.67% +0.67
ARCI Archimedes Tech Spac Partner New 0.67% +0.67
BIII Black Spade Acquisition Class A New 0.67% +0.67
ALOV Aldabra 4 Liquidity Opp Class A New 0.66% +0.66
IRAB Iris Acquisition Corp. I Class A New 0.66% +0.66
ZKP Lafayette Digital Acquisitio New 0.60% +0.60
MEVO M Evo Global Acquisitio Class A New 0.60% +0.60
IACOU Idea Acquisition Corp. New 0.54% +0.54
SVIV Spring Valley Acquisitio-A New 0.53% +0.53
KRAQ Krakacquisition Corp. Class A New 0.53% +0.53
MUZE Muzero Acquisition Corp. Class A New 0.53% +0.53
BBCQ Bleichroeder Acquis II Class A New 0.51% +0.51
XCBE X3 Acquisition Corp. Ltd. Class A New 0.50% +0.50
AACOU Abony Acquisition Corp. I New 0.48% +0.48
BCAR D. Boral Arc Acquisit Class A Add +300.0% 0.68% +0.47
MZYX.U Mozayyx Acquisition Corp. New 0.47% +0.47
AACI Armada Acq Corp. III-A New 0.47% +0.47
IPXG Inflection Point Acquisition New 0.46% +0.46
TMTSU Spartacus Acqu Corp. II New 0.41% +0.41
HACQU HCM IV Acquisition Corp. New 0.41% +0.41
PALOU Paloma Acquisition Corp. I New 0.40% +0.40
EGHA Egh Acquisition Co. Class A Add +103.6% 0.98% +0.39
WLIIU Willow Lane Acquisition Corp. New 0.38% +0.38
CLBR Colombier Acq III Class A New 0.34% +0.34
SAAQ Space Asset Acquisition Class A New 0.30% +0.30
OIM Oneim Acquisition Class-A New 0.27% +0.27
TRGSU TRG Latin America Acquisitio New 0.27% +0.27
ILLUU Illumination Acquisition Cor New 0.27% +0.27
ACAAU Averin Capital Acquisition C New 0.24% +0.24
BWIV.U Blue Water Acquisition Corp. New 0.20% +0.20
FACT Fact II Acquisition Corp. Add +50.0% 1.06% +0.19
IEAG Infinite Eagle Class-A New 0.17% +0.17
CEPS Cantor Equity Partners Vi -A New 0.14% +0.14
DBCA D. Boral Acquisition I Class A New 0.13% +0.13
XSLL Xsolla Spac 1 Class A New 0.13% +0.13
KTWO K2 Capital Acquisition Class A New 0.10% +0.10
FVAV Fortress Value Acquis V Class A New 0.07% +0.07
KPET.U Kpet Ultra Paceline Corp. New 0.07% +0.07
XNDU Xanadu Quantum Technolo Class B New 0.02% +0.02
BACC Blue Acquisition Corp. Class A Add +13.4% 1.03% −0.10

Notes & Other Activity Q4 2025 → Q1 2026
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal Reduce 0.0% 55,099,000 $390.1M
INTERDIGITAL INC (IDCC 3.5 06/01/27) NOTE 3.500% 6/0 · principal Sold out 80,000,000 $331.3Mbefore exit
RINGCENTRAL INC (RNG 0 03/15/26) NOTE 3/1 · principal Sold out 203,500,000 $201.6Mbefore exit
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) NOTE 0.125% 1/1 · principal Sold out 151,995,000 $151.8Mbefore exit
JAMF HOLDING CORP (JAMF 0.125 09/01/26) NOTE 0.125% 9/0 · principal Sold out 150,000,000 $148.2Mbefore exit
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) NOTE 4.000% 5/0 · principal Add +53.3% 43,792,000 $131.7M
HAEMONETICS CORP (HAE 0 03/01/26) NOTE 3/0 · principal Sold out 119,217,000 $118.3Mbefore exit
SHAKE SHACK INC (SHAK 0 03/01/28) NOTE 3/0 · principal Add +12.2% 122,919,000 $116.5M
TRIPADVISOR INC (TRIP 0.25 04/01/26) NOTE 0.250% 4/0 · principal Sold out 115,893,000 $114.6Mbefore exit
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal New 75,000,000 $113.8M
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) NOTE 0.375% 9/0 · principal Reduce -44.9% 94,500,000 $109.6M
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal Reduce -4.3% 111,500,000 $108.1M
CONFLUENT INC (CFLT 0 01/15/27) NOTE 1/1 · principal Sold out 105,606,000 $102.9Mbefore exit
JBT MAREL CORP (JBTM 0.25 05/15/26) NOTE 0.250% 5/1 · principal Add +1.9% 100,000,000 $100.1M
NEOGENOMICS INC (NEO 0.25 01/15/28) NOTE 0.250% 1/1 · principal Add +10.2% 108,050,000 $99.5M
RAPID7 INC (RPD 0.25 03/15/27) NOTE 0.250% 3/1 · principal Add +11.7% 100,000,000 $95.0M
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) NOTE 2.000% 6/1 · principal Add +7.2% 77,500,000 $94.9M
UGI CORP (UGI 5 06/01/28) NOTE 5.000% 6/0 · principal Add +9.6% 66,416,000 $94.5M
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) NOTE 1.125% 2/1 · principal New 82,500,000 $94.3M
IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) NOTE 1.500% 9/0 · principal Add +24.0% 85,000,000 $93.2M
DAYFORCE INC (DAY 0.25 03/15/26) NOTE 0.250% 3/1 · principal Sold out 92,081,000 $91.4Mbefore exit
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) NOTE 3.125% 1/1 · principal Add +195.0% 59,000,000 $90.2M
COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) NOTE 2.875% 2/1 · principal Add +664.5% 68,807,000 $80.2M
BLACKLINE INC (BL 0 03/15/26) NOTE 3/1 · principal Sold out 79,000,000 $78.2Mbefore exit
UPWORK INC (UPWK 0.25 08/15/26) NOTE 0.250% 8/1 · principal Reduce -1.3% 75,000,000 $73.9M
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal Add +55.2% 62,934,000 $73.7M
ON SEMICONDUCTOR CORP (ON 0 05/01/27) NOTE 5/0 · principal Add +12.4% 56,180,000 $72.3M
Q2 HOLDINGS INC (QTWO 0.75 06/01/26) NOTE 0.750% 6/0 · principal Add +7.6% 71,893,000 $71.7M
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal Add +38.9% 55,026,000 $71.0M
SNOWFLAKE INC (SNOW 0 10/01/27) NOTE 10/0 · principal Add +2.6% 59,165,000 $70.0M
ETSY INC (ETSY 0.125 09/01/27) NOTE 0.125% 9/0 · principal Add +7.2% 74,639,000 $69.7M
NUTANIX INC (NTNX 0.5 12/15/29) NOTE 0.500%12/1 · principal Add +134.4% 75,000,000 $68.1M
DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) NOTE 12/0 · principal Add +33.3% 66,156,000 $64.8M
TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) NOTE 1.500% 6/0 · principal Reduce -20.0% 48,000,000 $62.4M
CLOUDFLARE INC (NET 0 08/15/26) NOTE 8/1 · principal Reduce -47.5% 52,500,000 $61.6M
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal Add +33.7% 35,000,000 $60.5M
ITRON INC (ITRI 0 03/15/26) NOTE 3/1 · principal Sold out 60,500,000 $60.1Mbefore exit
ZIFF DAVIS INC (ZD 3.625 03/01/28) DEBT 3.625% 3/0 · principal Reduce -7.7% 60,000,000 $59.2M
VAIL RESORTS INC (MTN 0 01/01/26) NOTE 1/0 · principal Sold out 54,299,000 $54.3Mbefore exit
SEA LTD (SEALTD 0.25 09/15/26) NOTE 0.250% 9/1 · principal Sold out 54,843,000 $53.3Mbefore exit
LCI INDUSTRIES (LCII 3 03/01/30) NOTE 3.000% 3/0 · principal New 43,869,000 $53.1M
POST HOLDINGS INC (POST 2.5 08/15/27) NOTE 2.500% 8/1 · principal Add +222.4% 48,361,000 $52.6M
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) NOTE 2.625%12/1 · principal Add +86.9% 42,990,000 $52.0M
MKS INC (MKSI 1.25 06/01/30) NOTE 1.250% 6/0 · principal New 30,942,000 $51.4M
MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) NOTE 0.750% 6/0 · principal Reduce -20.8% 47,500,000 $47.2M
CALLAWAY GOLF CO (CALY 2.75 05/01/26) NOTE 2.750% 5/0 · principal Add +39.8% 46,473,000 $47.0M
WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) NOTE 3.250% 6/1 · principal New 35,000,000 $46.7M
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal Add +233.3% 50,000,000 $46.3M
EXACT SCIENCES CORP (EXAS 0.375 03/01/28) NOTE 0.375% 3/0 · principal Sold out 45,000,000 $46.3Mbefore exit
UNITY SOFTWARE INC (U 0 03/15/30) NOTE 3/1 · principal New 45,000,000 $45.1M

Showing the first 50 of 159.

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