Virtus Advisers, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed February 13, 2026), Virtus Advisers, LLC reported 376 stock positions worth $159.8 million. Its top holding was Icici Bank Ltd.-Spon ADR (IBN) at 5.5% of the portfolio, followed by Centerra Gold (CGAU, 3.4%) and Virtus Duff & Phelps Clean E (VCLN, 2.0%). Compared with Q1 2025, it opened 79 new positions, sold out of 52, added to 34 and reduced 74. The biggest buy was a new position in HDFC Bank Ltd.-ADR (HDB) and the biggest sale DXC Technology (DXC, shares −93%).

Most Recent 13F
Q2 2026
Location
HARTFORD, CT
CIK
0001587281
Portfolio Value
$159.8M (Q2 2025)
SEC Filing
0001587281-26-000004 ↗ filed Feb 13, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $187.9M Q1 2024 Q2 2024: $203.8M Q2 2024 Q3 2024: $213.5M Q3 2024 Q4 2024: $244.5M Q4 2024 Q1 2025: $150.5M Q1 2025 Q2 2025: $159.8M $159.8M Q2 2025 Q3 2025: $177.9M Q3 2025 Q4 2025: $208.0M Q4 2025 Q1 2026: $211.6M Q1 2026 Q2 2026: $256.8M Q2 2026

Holdings 376 stocks · $159.8M
IBN Icici Bank Ltd.-Spon ADR 5.50% 261,046 $8.8M No change
CGAU Centerra Gold Inc. 3.42% 583,242 $5.5M Add +11.2%
VCLN Virtus Duff & Phelps Clean E 1.98% 163,001 $3.2M No change
AAPL Apple Inc. 1.85% 14,384 $3.0M Reduce -6.2%
MSFT Microsoft Corp. 1.68% 5,399 $2.7M No change
MMYT Makemytrip Ltd. 1.59% 25,900 $2.5M Reduce -2.1%
INDA iShares MSCI India ETF 1.42% 40,789 $2.3M No change
NVDA Nvidia Corp. 1.30% 13,142 $2.1M Add +4.7%
PRIM Primoris Services Corp. 1.24% 25,451 $2.0M No change
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 1.24% 46,813 $2.0M No change
CIB Grupo Cibest SA-ADR 1.19% 41,149 $1.9M No change
CVLT Commvault Systems Inc. 1.15% 10,583 $1.8M No change
HDB HDFC Bank Ltd.-ADR 1.14% 23,850 $1.8M New
RDY Dr. Reddy's Laboratories-ADR 1.12% 118,945 $1.8M No change
GL Globe Life Inc. 1.04% 13,335 $1.7M No change
NCLH Norwegian Cruise Line Holdin 1.04% 81,670 $1.7M No change
AMBA Ambarella Inc. 0.98% 23,690 $1.6M New
FIX Comfort Systems USA Inc. 0.94% 2,814 $1.5M No change
DCO Ducommun Inc. 0.89% 17,277 $1.4M No change
BBSI Barrett Business SVCS Inc. 0.87% 33,440 $1.4M Reduce -14.1%
PAHC Phibro Animal Health Corp. Class A 0.87% 54,576 $1.4M No change
WB Weibo Corp.-Spon ADR 0.87% 145,600 $1.4M Add +90.1%
ALKS Alkermes PLC 0.85% 47,708 $1.4M No change
HWC Hancock Whitney Corp. 0.77% 21,334 $1.2M No change
NXT Nextpower Inc. filed as NEXTRACKER INC 0.76% 22,405 $1.2M No change
SFM Sprouts Farmers Market Inc. 0.72% 7,008 $1.2M Add +158.5%
TK Teekay Corp. Ltd. 0.72% 139,693 $1.2M No change
DOCU Docusign Inc. 0.71% 14,629 $1.1M No change
FTDR Frontdoor Inc. 0.71% 19,189 $1.1M No change
ACM Aecom 0.70% 9,844 $1.1M Reduce -3.5%
MTG Mgic Investment Corp. 0.69% 39,357 $1.1M No change
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 0.69% 8,610 $1.1M Add +9.3%
ANIP Ani Pharmaceuticals Inc. 0.65% 15,906 $1.0M Add +15.5%
DBX Dropbox Inc. Class A 0.64% 35,820 $1.0M Add +76.5%
DRS Leonardo DRS Inc. 0.63% 21,811 $1.0M No change
VCYT Veracyte Inc. 0.61% 36,230 $979K No change
WWD Woodward Inc. 0.61% 3,985 $977K No change
MOG.A Moog Inc. Class A 0.61% 5,392 $976K No change
EME Emcor Group Inc. 0.59% 1,777 $951K Reduce -42.3%
ACAD Acadia Pharmaceuticals Inc. 0.58% 42,974 $927K No change
GOOGL Alphabet Inc. Class A 0.57% 5,190 $915K Add +33.1%
AMSC American Superconductor Corp. 0.57% 24,815 $910K New
CRGY Crescent Energy Inc. Class A 0.57% 105,501 $907K New
MTZ Mastec Inc. 0.56% 5,294 $902K No change
TSEM Tower Semiconductor Ltd. 0.56% 20,781 $901K No change
TILE Interface Inc. 0.56% 42,976 $899K No change
JPM JPMorgan Chase & Co. 0.56% 3,095 $897K Add +38.2%
CRUS Cirrus Logic Inc. 0.56% 8,600 $897K New
GDOT Green Dot Corp. Class A 0.54% 80,268 $865K New
NI Nisource Inc. 0.53% 20,922 $844K No change
PBH Prestige Consumer Healthcare 0.52% 10,324 $824K No change
AMZN Amazon.com Inc. 0.51% 3,703 $812K Reduce -2.0%
ACMR Acm Research Inc. Class A 0.51% 31,307 $811K Add +203.8%
PM Philip Morris International 0.50% 4,392 $800K Reduce -4.0%
ARW Arrow Electronics Inc. 0.50% 6,262 $798K New
CDNA Caredx Inc. 0.50% 40,564 $793K No change
META Meta Platforms Inc. Class A 0.50% 1,072 $791K Add +61.0%
LE Lands' End Inc. 0.49% 73,548 $788K New
RGA Reinsurance Group of America 0.49% 3,955 $785K No change
EAT Brinker International Inc. 0.47% 4,161 $750K Reduce -28.6%
EVER Everquote Inc. Class A 0.45% 30,005 $726K Add +172.8%
NTRA Natera Inc. 0.44% 4,162 $703K No change
CASY Casey's General Stores Inc. 0.43% 1,332 $680K No change
ANF Abercrombie & Fitch Co. Class A 0.41% 8,000 $663K New
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.41% 7,250 $661K No change
MO Altria Group Inc. 0.41% 11,208 $657K Reduce -2.3%
AIR Aar Corp. 0.40% 9,369 $644K No change
LOPE Grand Canyon Education Inc. 0.40% 3,396 $642K No change
QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC 0.39% 14,400 $624K No change
PRDO Perdoceo Education Corp. 0.39% 18,948 $619K No change
NTB Bank of N.T. Butterfield&son 0.38% 13,596 $602K No change
FN Fabrinet 0.37% 2,026 $597K No change
EVRG Evergy Inc. 0.37% 8,525 $588K No change
CTAS Cintas Corp. 0.36% 2,604 $580K No change
SSRM SSR Mining Inc. 0.36% 45,542 $580K No change
ALHC Alignment Healthcare Inc. 0.36% 41,412 $580K New
IDA Idacorp Inc. 0.36% 5,005 $578K No change
EXEL Exelixis Inc. 0.36% 13,000 $573K No change
ADC Agree Realty Corp. 0.36% 7,815 $571K No change
OSPN Onespan Inc. 0.36% 34,100 $569K New
GMAB Genmab A/S -SP ADR 0.36% 27,495 $568K New
OGE Oge Energy Corp. 0.35% 12,766 $567K No change
MMSI Merit Medical Systems Inc. 0.35% 5,913 $553K Reduce -50.9%
LNT Alliant Energy Corp. 0.34% 9,114 $551K No change
IFS Intercorp Financial Services 0.34% 14,400 $549K No change
MCO Moody's Corp. 0.34% 1,089 $546K No change
MSGS Madison Square Garden Sports 0.34% 2,592 $542K No change
INVA Innoviva Inc. 0.34% 26,946 $541K No change
RLI Rli Corp. 0.34% 7,466 $539K No change
KNF Knife River Corp. 0.33% 6,537 $534K No change
YOU Clear Secure Inc. Class A 0.33% 19,068 $529K No change
OTTR Otter Tail Corp. 0.33% 6,854 $528K Reduce -54.6%
TPB Turning Point Brands Inc. 0.32% 6,815 $516K Reduce -31.2%
PEGA Pegasystems Inc. 0.32% 9,406 $509K Add +100.0%
CPRX Catalyst Pharmaceuticals Inc. 0.31% 22,804 $495K No change
RITM Rithm Capital Corp. 0.30% 43,000 $485K New
DAKT Daktronics Inc. 0.30% 32,081 $485K Reduce -8.0%
EHC Encompass Health Corp. 0.30% 3,901 $478K No change
MANH Manhattan Associates Inc. 0.30% 2,419 $478K No change
TR Tootsie Roll Inds 0.30% 14,132 $473K New
INTA Intapp Inc. 0.29% 8,928 $461K No change
FBP First Bancorp Puerto Rico 0.28% 21,858 $455K No change
NFLX Netflix Inc. 0.28% 336 $450K Reduce -2.9%
PLOW Douglas Dynamics Inc. 0.28% 15,250 $449K New
GE General Electric filed as GE AEROSPACE 0.28% 1,728 $445K Add +58.8%
PAGS Pagseguro Digital Ltd. Class A 0.27% 45,341 $437K New
CHE Chemed Corp. 0.27% 895 $436K No change
STRA Strategic Education Inc. 0.26% 4,946 $421K No change
RDN Radian Group Inc. 0.25% 11,271 $406K No change
V Visa Inc. Class A 0.25% 1,139 $404K Reduce -2.7%
PHR Phreesia Inc. 0.25% 14,181 $404K Add +54.5%
HRMY Harmony Biosciences Holdings 0.25% 12,524 $396K Add +234.2%
TT Trane Technologies PLC 0.24% 895 $391K No change
POST Post Holdings Inc. filed as POST HLDGS INC 0.24% 3,508 $382K New
QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC 0.24% 4,017 $376K No change
IBEX Ibex Ltd. 0.23% 12,850 $374K No change
COR Cencora Inc. 0.23% 1,244 $373K No change
WDFC WD-40 Co. 0.23% 1,631 $372K No change
PNW Pinnacle West Capital 0.23% 4,145 $371K No change
NOW ServiceNow Inc. 0.23% 360 $370K No change
AWR American States Water Co. filed as AMER STATES WTR CO 0.23% 4,803 $368K No change
UPST Upstart Holdings Inc. 0.23% 5,670 $367K Add +62.1%
AVGO Broadcom Inc. 0.22% 1,300 $358K Add +50.6%
KLAC KLA Corp. 0.22% 400 $358K New
VIPS Vipshop Holdings Ltd. - ADR 0.22% 23,729 $357K Reduce -65.0%
PGR Progressive Corp. 0.22% 1,315 $351K No change
GRNT Granite Ridge Resources Inc. 0.22% 54,442 $347K New
CSTM Constellium SE 0.22% 26,000 $346K New
AMAT Applied Materials Inc. 0.21% 1,866 $342K Add +180.2%
CGNT Cognyte Software Ltd. 0.21% 36,850 $340K New
RDCM Radcom Ltd. 0.21% 24,856 $338K No change
OSW Onespaworld Holdings Ltd. 0.21% 16,542 $337K Reduce -33.1%
CAH Cardinal Health Inc. 0.21% 2,006 $337K Add +69.7%
AEP American Electric Power 0.21% 3,240 $336K New
ADMA Adma Biologics Inc. 0.21% 18,412 $335K No change
FHI Federated Hermes Inc. 0.21% 7,433 $329K No change
ADUS Addus Homecare Corp. 0.21% 2,850 $328K New
NBIX Neurocrine Biosciences Inc. 0.20% 2,584 $325K No change
SIBN Si-Bone Inc. 0.20% 17,184 $323K No change
GCO Genesco Inc. 0.20% 16,266 $320K Add +5.9%
ROP Roper Technologies Inc. 0.20% 564 $320K No change
MCK McKesson Corp. 0.20% 436 $319K Add +46.3%
FMS Fresenius Medical Care-ADR 0.20% 11,033 $315K No change
AB Alliancebernstein Holding LP 0.19% 7,513 $307K Reduce -51.9%
BFAM Bright Horizons Family Solut 0.19% 2,413 $298K No change
MS Morgan Stanley 0.19% 2,100 $296K No change
WLDN Willdan Group Inc. 0.18% 4,700 $294K No change
LRCX Lam Research Corp. 0.18% 3,000 $292K No change
WMK Weis Markets Inc. filed as WEIS MKTS INC 0.18% 4,022 $292K No change
AMRX Amneal Pharmaceuticals Inc. 0.18% 35,921 $291K No change
SPGI S&P Global Inc. 0.18% 550 $290K No change
FOXA Fox Corp. Class A 0.18% 5,165 $289K No change
SPNS Sapiens International Corp. 0.18% 9,800 $287K No change
BRK.B Berkshire Hathaway Inc. Class B 0.18% 590 $287K No change
EIG Employers Holdings Inc. 0.18% 5,988 $283K No change
ROKU Roku Inc. 0.18% 3,213 $282K No change
COHR Coherent Corp. 0.18% 3,154 $281K No change
SXC Suncoke Energy Inc. 0.17% 32,435 $279K No change
STT State Street Corp. 0.17% 2,600 $276K No change
PRO Pros Holdings Inc. 0.17% 17,528 $274K Add +96.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.17% 930 $274K No change
CRDO Credo Technology Group Holdi 0.17% 2,954 $274K No change
BY Byline Bancorp Inc. 0.17% 10,179 $272K No change
MSI Motorola Solutions Inc. 0.17% 642 $270K Reduce -49.9%
UVV Universal Corp. 0.17% 4,570 $266K No change
CALM Cal-Maine Foods Inc. 0.17% 2,657 $265K No change
J Jacobs Solutions Inc. 0.16% 2,000 $263K New
TMHC Taylor Morrison Home Corp. 0.16% 4,235 $260K Reduce -62.3%
KMB Kimberly-Clark Corp. 0.16% 2,016 $260K No change
PAYX Paychex Inc. 0.16% 1,750 $255K No change
WMT Walmart Inc. 0.16% 2,542 $249K No change
ARWR Arrowhead Pharmaceuticals Inc. 0.15% 15,644 $247K New
LH Labcorp Holdings Inc. 0.15% 940 $247K New
FSM Fortuna Mining Corp. 0.15% 37,681 $246K No change
VTR Ventas Inc. 0.15% 3,900 $246K Reduce -50.0%
EXPD Expeditors Intl Wash Inc. 0.15% 2,140 $244K No change
D Dominion Energy Inc. 0.15% 4,250 $240K New
VLTO Veralto Corp. 0.15% 2,378 $240K No change
RBA RB Global Inc. 0.15% 1,648 $238K No change
SUN Sunoco LP 0.15% 4,380 $235K No change
AMAL Amalgamated Financial Corp. 0.15% 7,480 $233K No change
URBN Urban Outfitters Inc. 0.14% 3,168 $230K No change
ORCL Oracle Corp. 0.14% 1,039 $227K New
GNE Genie Energy Ltd. Class B 0.14% 8,316 $224K New
IDT Idt Corp. Class B 0.14% 3,240 $221K New
OSIS Osi Systems Inc. 0.14% 982 $221K No change
SAFT Safety Insurance Group Inc. 0.14% 2,768 $220K Reduce -56.4%
UTL Unitil Corp. 0.14% 4,177 $218K No change
WM Waste Management Inc. 0.14% 945 $216K No change
TSLA Tesla Inc. 0.13% 676 $215K Add +13.6%
BL Blackline Inc. 0.13% 3,761 $213K No change
TATT Tat Technologies Ltd. 0.13% 6,859 $209K No change
OPRX Optimizerx Corp. 0.13% 15,500 $209K New
CPF Central Pacific Financial Co. 0.13% 7,462 $209K No change
TRGP Targa Resources Corp. 0.13% 1,200 $209K No change
ADBE Adobe Inc. 0.13% 537 $208K No change
SLM SLM Corp. 0.13% 6,325 $207K New
CLBT Cellebrite Di Ltd. 0.13% 12,954 $207K No change
WAY Waystar Holding Corp. 0.13% 5,058 $207K New
MZTI The Marzetti Company filed as LANCASTER COLONY CORP 0.13% 1,188 $205K No change
MAX Mediaalpha Inc. Class A 0.13% 18,711 $205K No change
EBAY eBay Inc. 0.13% 2,750 $205K New
GOOG Alphabet Inc. Class C 0.13% 1,150 $204K No change
NOC Northrop Grumman Corp. 0.12% 396 $198K No change
NRG NRG Energy Inc. 0.12% 1,231 $198K Reduce -34.6%
EA Electronic Arts Inc. 0.12% 1,230 $196K No change
LOGI Logitech International-Reg 0.12% 2,733 $195K Reduce -38.0%
CAMT Camtek Ltd. 0.12% 2,308 $195K New
VEEV Veeva Systems Inc. Class A 0.12% 666 $192K New
ORA Ormat Technologies Inc. 0.12% 2,283 $191K New
BRO Brown & Brown Inc. 0.12% 1,724 $191K No change
PBYI Puma Biotechnology Inc. 0.12% 55,431 $190K No change
POWL Powell Industries Inc. 0.12% 877 $185K New
PGY Pagaya Technologies Ltd. Class A 0.12% 8,638 $184K Reduce -36.1%
ZETA Zeta Global Holdings Corp. Class A 0.12% 11,868 $184K No change
WSM Williams-Sonoma Inc. 0.11% 1,120 $183K No change
GIL Gildan Activewear Inc. 0.11% 3,679 $181K No change
CRSR Corsair Gaming Inc. 0.11% 19,147 $181K New
CFFN Capitol Federal Financial Inc. 0.11% 29,549 $180K New
CB Chubb Ltd. 0.11% 617 $179K No change
LLY Eli Lilly & Co. 0.11% 229 $179K New
TBCH Turtle Beach Corp. 0.11% 12,799 $177K Reduce -75.9%
UFCS United Fire Group Inc. 0.11% 6,050 $174K New
SLGN Silgan Holdings Inc. 0.11% 3,190 $173K No change
INGR Ingredion Inc. 0.11% 1,240 $168K No change
LFMD Lifemd Inc. 0.10% 12,274 $167K Reduce -68.7%
UNTY Unity Bancorp Inc. 0.10% 3,539 $167K No change
MRC MRC Global Inc. 0.10% 12,111 $166K No change
ARQT Arcutis Biotherapeutics Inc. 0.10% 11,606 $163K No change
PCRX Pacira Biosciences Inc. 0.10% 6,765 $162K No change
ODC Oil-Dri Corp. of America 0.10% 2,700 $159K New
PCG P G & E Corp. 0.10% 11,383 $159K No change
PODD Insulet Corp. 0.10% 500 $157K No change
BSX Boston Scientific Corp. 0.10% 1,460 $157K No change
OTEX Open Text Corp. 0.10% 3,900 $155K No change
HIG Hartford Insurance Group Inc. 0.10% 1,212 $154K No change
RIGL Rigel Pharmaceuticals Inc. 0.09% 8,027 $150K No change
DGICA Donegal Group Inc. Class A 0.09% 7,437 $149K No change
NVST Envista Holdings Corp. 0.09% 7,572 $148K New
BDC Belden Inc. 0.09% 1,270 $147K New
AVDL Avadel Pharmaceuticals Ltd. 0.09% 16,385 $145K New
ADP Automatic Data Processing 0.09% 459 $142K No change
JJSF J & J Snack Foods Corp. 0.09% 1,245 $141K Reduce -61.3%
SMBK Smartfinancial Inc. 0.09% 4,163 $141K No change
HALO Halozyme Therapeutics Inc. 0.09% 2,690 $140K No change
HSTM Healthstream Inc. 0.09% 5,015 $139K No change
UPBD Upbound Group Inc. 0.09% 5,506 $138K New
MAMA Mama's Creations Inc. 0.09% 16,453 $137K New
PPC Pilgrim's Pride Corp. 0.08% 3,000 $135K No change
CTBI Community Trust Bancorp Inc. 0.08% 2,530 $134K Reduce -82.5%
CRGX Cargo Therapeutics Inc. 0.08% 32,055 $132K No change
CBRE CBRE Group Inc. Class A 0.08% 940 $132K Reduce -53.9%
DBD Diebold Nixdorf Inc. 0.08% 2,332 $129K No change
DMLP Dorchester Minerals LP 0.08% 4,607 $128K No change
BFST Business First Bancshares 0.08% 5,204 $128K No change
HEI Heico Corp. 0.08% 390 $128K No change
HNI Hni Corp. 0.08% 2,583 $127K No change
PTON Peloton Interactive Inc. Class A 0.08% 18,174 $126K No change
IONQ Ionq Inc. 0.08% 2,929 $126K New
COST Costco Wholesale Corp. 0.08% 125 $124K New
EWCZ European Wax Center Inc. Class A 0.08% 21,827 $123K New
FTNT Fortinet Inc. 0.08% 1,160 $123K No change
HCA HCA Healthcare Inc. 0.08% 318 $122K No change
WELL Welltower Inc. 0.08% 785 $121K No change
L Loews Corp. 0.08% 1,316 $121K No change
SCS Steelcase Inc. Class A 0.07% 11,487 $120K Reduce -89.8%
ANET Arista Networks Inc. 0.07% 1,169 $120K Reduce -48.5%
BFS Saul Centers Inc. filed as SAUL CTRS INC 0.07% 3,500 $119K No change
CELH Celsius Holdings Inc. 0.07% 2,540 $118K New
ACLS Axcelis Technologies Inc. 0.07% 1,670 $116K New
ADSK Autodesk Inc. 0.07% 375 $116K New
OOMA Ooma Inc. 0.07% 8,952 $115K No change
ZTS Zoetis Inc. 0.07% 730 $114K No change
DUK Duke Energy Corp. 0.07% 963 $114K Add +80.0%
CRNC Cerence Inc. 0.07% 11,093 $113K No change
DECK Deckers Outdoor Corp. 0.07% 1,092 $113K Reduce -38.2%
HUBS HubSpot Inc. 0.07% 200 $111K No change
TWST Twist Bioscience Corp. 0.07% 3,004 $111K Reduce -85.9%
NGVC Natural Grocers BY Vitamin C 0.07% 2,807 $110K No change
OHI Omega Healthcare Investors 0.07% 2,971 $109K No change
STN Stantec Inc. 0.07% 1,000 $109K New
FBIZ First Business Financial Ser 0.07% 2,133 $108K No change
GLDD Great Lakes Dredge & Dock Co. 0.07% 8,804 $107K New
ESGR Enstar Group Ltd. 0.07% 319 $107K No change
CRH CRH PLC 0.07% 1,150 $106K No change
COLL Collegium Pharmaceutical Inc. 0.07% 3,520 $104K Reduce -87.3%
NXDR Nextdoor Holdings Inc. 0.07% 62,600 $104K New
KE Kimball Electronics Inc. 0.06% 5,340 $103K New
HLT Hilton Worldwide Holdings Inc. 0.06% 375 $100K No change
ECPG Encore Capital Group Inc. 0.06% 2,567 $99K New
IRMD Iradimed Corp. 0.06% 1,650 $99K New
VITL Vital Farms Inc. 0.06% 2,542 $98K New
ED Consolidated Edison Inc. 0.06% 971 $97K No change
RLX RLX Technology Inc.-ADR 0.06% 43,796 $97K New
CARS Cars.com Inc. 0.06% 8,155 $97K New
QCOM Qualcomm Inc. 0.06% 600 $96K No change
ATHM Autohome Inc.-ADR 0.06% 3,700 $95K New
DOLE Dole PLC 0.06% 6,705 $94K Reduce -91.2%
GAP The Gap Inc. 0.06% 4,249 $93K Reduce -84.6%
AVO Mission Produce Inc. 0.06% 7,903 $93K New
PAYC Paycom Software Inc. 0.06% 400 $93K New
YELP Yelp Inc. 0.06% 2,700 $93K New
DOO BRP Inc./Ca- Sub Voting 0.06% 1,879 $91K New
WEC WEC Energy Group Inc. 0.06% 870 $91K New
THC Tenet Healthcare Corp. 0.06% 512 $90K New
VRT Vertiv Holdings Co. Class A 0.06% 700 $90K New
ATEX Anterix Inc. 0.06% 3,500 $90K New
VMD Viemed Healthcare Inc. 0.06% 12,939 $89K New
DXC DXC Technology Co. 0.06% 5,842 $89K Reduce -93.3%
CLBK Columbia Financial Inc. 0.06% 6,126 $89K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 687 $85K No change
CL Colgate-Palmolive Co. 0.05% 926 $84K No change
ZION Zions Bancorp NA 0.05% 1,601 $83K Reduce -86.0%
SEIC Sei Investments Company 0.05% 900 $81K Reduce -72.7%
RNG Ringcentral Inc. Class A 0.05% 2,849 $81K Reduce -89.8%
INTU Intuit Inc. 0.05% 100 $79K No change
RMD Resmed Inc. 0.05% 300 $77K No change
WTW Willis Towers Watson PLC 0.05% 250 $77K Reduce -58.3%
LULU Lululemon Athletica Inc. 0.04% 300 $71K Reduce -57.1%
CRM Salesforce Inc. 0.04% 248 $68K No change
CMI Cummins Inc. 0.04% 205 $67K No change
ABM Abm Industries Inc. 0.04% 1,356 $64K Reduce -76.0%
TEAM Atlassian Corp. Class A 0.04% 300 $61K No change
OKE Oneok Inc. 0.04% 740 $60K No change
MRSH Marsh & McLennan Cos 0.04% 266 $58K No change
CLX Clorox Company 0.04% 470 $56K No change
BRY Berry Corp. 0.03% 19,856 $55K Reduce -91.1%
MMM 3M Co. 0.03% 326 $50K Reduce -58.9%
XPER Xperi Inc. 0.03% 6,099 $48K Reduce -76.0%
GLBE Global-E Online Ltd. 0.03% 1,403 $47K No change
MEI Methode Electronics Inc. 0.03% 4,673 $44K Reduce -76.2%
MBWM Mercantile Bank Corp. 0.03% 902 $42K Reduce -87.6%
KD Kyndryl Holdings Inc. 0.03% 986 $41K No change
JBSS John B. Sanfilippo & Son Inc. filed as SANFILIPPO JOHN B & SON INC 0.03% 649 $41K Reduce -87.6%
SVC Service Pptys TR 0.02% 14,988 $36K Reduce -74.7%
TDOC Teladoc Health Inc. 0.02% 4,075 $35K Reduce -90.7%
TCMD Tactile Systems Technology I 0.02% 3,490 $35K Reduce -76.7%
RACE Ferrari NV 0.02% 70 $34K Reduce -46.1%
MDXG Mimedx Group Inc. 0.02% 5,328 $33K Reduce -86.6%
FTAI Ftai Aviation Ltd. 0.02% 261 $30K Reduce -76.4%
CMPS Compass Pathways PLC 0.02% 10,223 $29K Reduce -75.5%
BLZE Backblaze Inc. Class A 0.02% 4,982 $27K Reduce -89.7%
HIMS Hims & Hers Health Inc. 0.02% 531 $26K New
FOLD Amicus Therapeutics Inc. 0.02% 4,523 $26K Reduce -75.8%
LFST Lifestance Health Group Inc. 0.02% 4,867 $25K Reduce -75.5%
PMTS Cpi Card Group Inc. 0.01% 832 $20K Reduce -76.0%
SCHR Schwab Intermediate-Term US 0.01% 587 $15K New
ETFIS SER TR I 0.01% 318 $10K Reduce -10.9%
MAR Marriott International Class A 0.01% 30 $8K No change
ABBV Abbvie Inc. 0.01% 44 $8K No change
VABS Virtus Nwflt Secr Inc. ETF-Ui 0.00% 232 $6K Reduce -6.8%
NFLT Virtus Newfleet Multi-Sector 0.00% 243 $6K Add +14.1%
LVHI Franklin International Low V 0.00% 139 $5K Reduce -0.7%
ASMF Virtus As Futures ETF 0.00% 198 $4K Reduce -8.8%
SCHX Schwab US Large-Cap ETF 0.00% 170 $4K Reduce -12.8%
USMV iShares MSCI USA Min Vol Fac 0.00% 44 $4K Add +29.4%
IEF iShares 7-10 Year Treasury B 0.00% 39 $4K Reduce -42.6%
PFFA Virtus Infracap US Pref STCK 0.00% 170 $4K Reduce -4.5%
VT Vanguard Tot World STK ETF 0.00% 26 $3K Reduce -10.3%
JOET Virtus Terranova US Qual Mom 0.00% 80 $3K Reduce -5.9%
USIG iShares Broad Usd Investment 0.00% 63 $3K Add +12.5%
TLTW iShares 20+ Bond Buywrite 0.00% 125 $3K Add +1.6%
AMTM Amentum Holdings Inc. 0.00% 121 $3K New
JEPI JPMorgan Equity Premium Inco 0.00% 50 $3K Reduce -9.1%
SEIX Virtus Seix Senior Loan ETF 0.00% 107 $3K Add +0.9%
DVYE iShares Emerging Markets Div 0.00% 72 $2K Add +700.0%
SCHD Schwab US DVD Equity ETF 0.00% 70 $2K Reduce -20.4%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.00% 32 $2K Reduce -3.0%
VEMY Vir S/H Emrg MKT HY BND ETF 0.00% 49 $1K Add +122.7%
MRK Merck & Co. Inc. 0.00% 13 $1K No change
VPL Vanguard Ftse Pacific ETF 0.00% 11 $904 New
VPC Virtus Private Credit Strate 0.00% 40 $819 Reduce -43.7%
VSHY Virtus Nwflt SHRT Dur Hi YLD 0.00% 35 $765 Add +6.1%
PFFR Infracap REIT Preferred ETF 0.00% 33 $591 New
REM iShares Mortgage Real Estate 0.00% 23 $492 No change
SPHD Invesco S&P 500 High Dividen 0.00% 6 $285 Add +20.0%
Other holdings (73): bonds, preferreds, convertibles and warrants · $3.8M (not counted above)
SecurityClassShares / PrincipalValueChange
SPOTIFY USA INC (SPOT 0 03/15/26) NOTE 3/1 · principal 102,000$155KAdd +37.8%
STRATEGY INC (MSTR 0.625 03/15/30) NOTE 0.625% 3/1 · principal 49,000$136KNo change
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal 65,000$117KNo change
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal 83,000$99KAdd +50.9%
ADVANCED ENERGY IND (AEIS 2.5 09/15/28) NOTE 2.500% 9/1 · principal 82,000$98KNew
UGI CORP (UGI 5 06/01/28) NOTE 5.000% 6/0 · principal 71,000$98KNew
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal 35,000$97KNo change
GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) NOTE 3.750% 5/1 · principal 45,000$93KNo change
EVERGY INC (EVRG 4.5 12/15/27) NOTE 4.500%12/1 · principal 77,000$90KNo change
SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) NOTE 3.500%12/0 · principal 58,000$81KNew
DROPBOX INC (DBX 0 03/01/28) NOTE 3/0 · principal 74,000$75KNo change
ITRON INC (ITRI 1.375 07/15/30) NOTE 1.375% 7/1 · principal 63,000$75KNew
BLACKLINE INC (BL 1 06/01/29) NOTE 1.000% 6/0 · principal 70,000$74KNew
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal 65,000$74KNo change
VERINT SYSTEMS INC (VRNT 0.25 04/15/26) NOTE 0.250% 4/1 · principal 73,000$70KNo change
LYFT INC (LYFT 0.625 03/01/29) NOTE 0.625% 3/0 · principal 64,000$68KNo change
PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) NOTE 1.000% 4/1 · principal 56,000$67KNo change
IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) NOTE 1.500% 9/0 · principal 50,000$64KNo change
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal 47,000$61KNo change
INSULET CORPORATION (PODD 0.375 09/01/26) NOTE 0.375% 9/0 · principal 43,000$60KNo change
AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) NOTE 6.500% 7/0 · principal 60,000$60KNo change
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal 41,000$58KNo change
PELOTON INTERACTIVE INC (PTON 5.5 12/01/29) NOTE 5.500%12/0 · principal 30,000$55KNew
COINBASE GLOBAL INC (COIN 0.25 04/01/30) NOTE 0.250% 4/0 · principal 42,000$55KNew
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal 52,000$53KNo change
GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) NOTE 3.250% 6/1 · principal 38,000$52KNew
CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) NOTE 3.875% 9/1 · principal 45,000$51KNo change
NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) NOTE 3.625% 4/1 · principal 48,000$50KNew
NCL CORPORATION LTD (NCLH 2.5 02/15/27) NOTE 2.500% 2/1 · principal 49,000$49KNo change
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal 46,000$49KNew
BANDWIDTH INC (BAND 0.5 04/01/28) NOTE 0.500% 4/0 · principal 58,000$49KNo change
EPR PROPERTIES (EPR 5.75 PERP C) PFD C CV 5.75% · principal 1,857$48KNo change
CONMED CORP (CNMD 2.25 06/15/27) NOTE 2.250% 6/1 · principal 50,000$47KNew
GUARDANT HEALTH INC (GH 0 11/15/27) NOTE 11/1 · principal 52,000$47KNo change
EXACT SCIENCES CORP (EXAS 0.375 03/01/28) NOTE 0.375% 3/0 · principal 50,000$46KNo change
DROPBOX INC (DBX 0 03/01/26) NOTE 3/0 · principal 46,000$45KNo change
LCI INDUSTRIES (LCII 1.125 05/15/26) NOTE 1.125% 5/1 · principal 47,000$45KNo change
OKTA INC (OKTA 0.375 06/15/26) NOTE 0.375% 6/1 · principal 47,000$45KNew
CMS ENERGY CORP (CMS 3.375 05/01/28) NOTE 3.375% 5/0 · principal 42,000$45KNo change
ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) NOTE 7.500% 8/0 · principal 45,000$45KNo change
ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) NOTE 2.250% 6/0 · principal 46,000$45KNew
SOUTHERN CO (SO 3.875 12/15/25) NOTE 3.875%12/1 · principal 40,000$44KNo change
PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) NOTE 2.125% 5/1 · principal 44,000$43KNew
HERBALIFE LTD (HLF 4.25 06/15/28) NOTE 4.250% 6/1 · principal 47,000$43KNo change
VIAVI SOLUTIONS INC (VIAV 1.625 03/15/26) NOTE 1.625% 3/1 · principal 42,000$42KNo change
INTERDIGITAL INC (IDCC 3.5 06/01/27) NOTE 3.500% 6/0 · principal 14,000$41KNo change
XOMETRY INC (XMTR 1 02/01/27) NOTE 1.000% 2/0 · principal 40,000$40KNo change
RINGCENTRAL INC (RNG 0 03/15/26) NOTE 3/1 · principal 42,000$40KNo change
INNOVIVA INC (INVA 2.125 03/15/28) NOTE 2.125% 3/1 · principal 40,000$40KNo change
ALARM.COM HLDGS INC (ALRM 0 01/15/26) NOTE 1/1 · principal 41,000$40KNo change
HAEMONETICS CORP (HAE 0 03/01/26) NOTE 3/0 · principal 41,000$40KNo change
DAYFORCE INC (DAY 0.25 03/15/26) NOTE 0.250% 3/1 · principal 41,000$39KNo change
KOSMOS ENERGY LTD (KOS 3.125 03/15/30) NOTE 3.125% 3/1 · principal 59,000$39KNo change
BLOCK INC (XYZ 0 05/01/26) NOTE 5/0 · principal 41,000$39KNo change
LIVANOVA PLC (LIVN 2.5 03/15/29) NOTE 2.500% 3/1 · principal 37,000$38KNo change
NEOGENOMICS INC (NEO 0.25 01/15/28) NOTE 0.250% 1/1 · principal 44,000$38KNo change
SEA LTD (SEALTD 2.375 12/01/25) NOTE 2.375%12/0 · principal 21,000$37KNew
ZIFF DAVIS INC (ZD 3.625 03/01/28) DEBT 3.625% 3/0 · principal 40,000$37KNo change
NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) NOTE 7.500%10/1 · principal 37,000$37KNo change
CONFLUENT INC (CFLT 0 01/15/27) NOTE 1/1 · principal 40,000$37KNo change
DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) NOTE 12/0 · principal 39,000$36KNo change
AXON ENTERPRISE INC (AXON 0.5 12/15/27) NOTE 0.500%12/1 · principal 10,000$36KNo change
STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) NOTE 6.750% 7/1 · principal 32,000$34KNo change
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal 35,000$33KNo change
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) NOTE 0.750% 3/1 · principal 36,000$31KNo change
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal 31,000$31KNo change
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal 20,000$29KNo change
COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) NOTE 2.875% 2/1 · principal 19,000$20KNo change
WIX LTD (WIX 0 08/15/25) NOTE 8/1 · principal 20,000$20KNo change
FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) NOTE 11/0 · principal 20,000$20KNo change
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A · principal 1,150$785No change
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A · principal 66$77No change
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L · principal 22$27No change

Total filed on the 13F, all lines: $163.6M.

Portfolio Sells Q1 2025 → Q2 2025
DXC DXC Technology Co. Reduce -93.3% 0.06% −0.93
SCS Steelcase Inc. Class A Reduce -89.8% 0.07% −0.74
DOLE Dole PLC Reduce -91.2% 0.06% −0.68
MMSI Merit Medical Systems Inc. Reduce -50.9% 0.35% −0.50
TWST Twist Bioscience Corp. Reduce -85.9% 0.07% −0.49
COLL Collegium Pharmaceutical Inc. Reduce -87.3% 0.07% −0.48
VIPS Vipshop Holdings Ltd. - ADR Reduce -65.0% 0.22% −0.48
OTTR Otter Tail Corp. Reduce -54.6% 0.33% −0.47
BRY Berry Corp. Reduce -91.1% 0.03% −0.44
MC Moelis & Co. Class A Sold out 0.00% −0.42
AAPL Apple Inc. Reduce -6.2% 1.85% −0.42
BHC Bausch Health Cos Inc. Sold out 0.00% −0.41
VLRS Controladora Vuela Cia-ADR Sold out 0.00% −0.41
RNG Ringcentral Inc. Class A Reduce -89.8% 0.05% −0.41
CTBI Community Trust Bancorp Inc. Reduce -82.5% 0.08% −0.40
TBCH Turtle Beach Corp. Reduce -75.9% 0.11% −0.39
CPB The Campbell's Company Sold out 0.00% −0.37
UNM Unum Group Sold out 0.00% −0.34
GLPI Gaming and Leisure Propertie Sold out 0.00% −0.33
ZION Zions Bancorp NA Reduce -86.0% 0.05% −0.33
GAP The Gap Inc. Reduce -84.6% 0.06% −0.32
SBH Sally Beauty Holdings Inc. Sold out 0.00% −0.30
KEX Kirby Corp. Sold out 0.00% −0.30
TMHC Taylor Morrison Home Corp. Reduce -62.3% 0.16% −0.29
ORGO Organogenesis Holdings Inc. Sold out 0.00% −0.28
REYN Reynolds Consumer Products I Sold out 0.00% −0.28
NXRT Nexpoint Residential Sold out 0.00% −0.28
VVX V2X Inc. Sold out 0.00% −0.25
FLO Flowers Foods Inc. Sold out 0.00% −0.25
PFBC Preferred Bank/Los Angeles Sold out 0.00% −0.25
JNJ Johnson & Johnson Sold out 0.00% −0.23
ORC Orchid Island Capital Inc. Sold out 0.00% −0.23
JBSS John B. Sanfilippo & Son Inc. Reduce -87.6% 0.03% −0.22
RUSHA Rush Enterprises Inc. Class A Sold out 0.00% −0.22
TDOC Teladoc Health Inc. Reduce -90.7% 0.02% −0.21
AMSF Amerisafe Inc. Sold out 0.00% −0.21
AB Alliancebernstein Holding LP Reduce -51.9% 0.19% −0.21
MBIN Merchants Bancorp Sold out 0.00% −0.21
MATX Matson Inc. Sold out 0.00% −0.20
MSI Motorola Solutions Inc. Reduce -49.9% 0.17% −0.20
VTR Ventas Inc. Reduce -50.0% 0.15% −0.20
SAFT Safety Insurance Group Inc. Reduce -56.4% 0.14% −0.20
JJSF J & J Snack Foods Corp. Reduce -61.3% 0.09% −0.19
BBSI Barrett Business SVCS Inc. Reduce -14.1% 0.87% −0.19
MBWM Mercantile Bank Corp. Reduce -87.6% 0.03% −0.18
UE Urban Edge Properties Sold out 0.00% −0.18
PG The Procter & Gamble Co. Sold out 0.00% −0.18
OBK Origin Bancorp Inc. Sold out 0.00% −0.18
OUT Outfront Media Inc. Sold out 0.00% −0.18
MDXG Mimedx Group Inc. Reduce -86.6% 0.02% −0.18

Portfolio Buys Q1 2025 → Q2 2025
HDB HDFC Bank Ltd.-ADR New 1.14% +1.14
AMBA Ambarella Inc. New 0.98% +0.98
AMSC American Superconductor Corp. New 0.57% +0.57
CRGY Crescent Energy Inc. Class A New 0.57% +0.57
CRUS Cirrus Logic Inc. New 0.56% +0.56
GDOT Green Dot Corp. Class A New 0.54% +0.54
ARW Arrow Electronics Inc. New 0.50% +0.50
LE Lands' End Inc. New 0.49% +0.49
SFM Sprouts Farmers Market Inc. Add +158.5% 0.72% +0.45
ANF Abercrombie & Fitch Co. Class A New 0.41% +0.41
NVDA Nvidia Corp. Add +4.7% 1.30% +0.40
WB Weibo Corp.-Spon ADR Add +90.1% 0.87% +0.39
ALHC Alignment Healthcare Inc. New 0.36% +0.36
OSPN Onespan Inc. New 0.36% +0.36
GMAB Genmab A/S -SP ADR New 0.36% +0.36
ACMR Acm Research Inc. Class A Add +203.8% 0.51% +0.35
RITM Rithm Capital Corp. New 0.30% +0.30
TR Tootsie Roll Inds New 0.30% +0.30
PLOW Douglas Dynamics Inc. New 0.28% +0.28
DBX Dropbox Inc. Class A Add +76.5% 0.64% +0.28
PAGS Pagseguro Digital Ltd. Class A New 0.27% +0.27
EVER Everquote Inc. Class A Add +172.8% 0.45% +0.26
META Meta Platforms Inc. Class A Add +61.0% 0.50% +0.24
POST Post Holdings Inc. New 0.24% +0.24
CGAU Centerra Gold Inc. Add +11.2% 3.42% +0.24
KLAC KLA Corp. New 0.22% +0.22
GRNT Granite Ridge Resources Inc. New 0.22% +0.22
CSTM Constellium SE New 0.22% +0.22
CGNT Cognyte Software Ltd. New 0.21% +0.21
AEP American Electric Power New 0.21% +0.21
ADUS Addus Homecare Corp. New 0.21% +0.21
JPM JPMorgan Chase & Co. Add +38.2% 0.56% +0.20
GOOGL Alphabet Inc. Class A Add +33.1% 0.57% +0.17
HRMY Harmony Biosciences Holdings Add +234.2% 0.25% +0.17
J Jacobs Solutions Inc. New 0.16% +0.16
CVSA Covista Inc. Add +9.3% 0.69% +0.16
ARWR Arrowhead Pharmaceuticals Inc. New 0.15% +0.15
LH Labcorp Holdings Inc. New 0.15% +0.15
D Dominion Energy Inc. New 0.15% +0.15
AMAT Applied Materials Inc. Add +180.2% 0.21% +0.15
ORCL Oracle Corp. New 0.14% +0.14
GNE Genie Energy Ltd. Class B New 0.14% +0.14
IDT Idt Corp. Class B New 0.14% +0.14
GE General Electric Add +58.8% 0.28% +0.13
OPRX Optimizerx Corp. New 0.13% +0.13
SLM SLM Corp. New 0.13% +0.13
WAY Waystar Holding Corp. New 0.13% +0.13
AVGO Broadcom Inc. Add +50.6% 0.22% +0.13
EBAY eBay Inc. New 0.13% +0.13
UPST Upstart Holdings Inc. Add +62.1% 0.23% +0.12

Notes & Other Activity Q1 2025 → Q2 2025
SPOTIFY USA INC (SPOT 0 03/15/26) NOTE 3/1 · principal Add +37.8% 102,000 $155K
BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) NOTE 0.750% 5/0 · principal Sold out 42,000 $103Kbefore exit
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal Add +50.9% 83,000 $99K
ADVANCED ENERGY IND (AEIS 2.5 09/15/28) NOTE 2.500% 9/1 · principal New 82,000 $98K
UGI CORP (UGI 5 06/01/28) NOTE 5.000% 6/0 · principal New 71,000 $98K
PALO ALTO NETWORKS (PANW 0.375 06/01/25) NOTE 0.375% 6/0 · principal Sold out 25,000 $86Kbefore exit
SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) NOTE 3.500%12/0 · principal New 58,000 $81K
BURLINGTON STORES INC (BURL 1.25 12/15/27) NOTE 1.250%12/1 · principal Sold out 61,000 $80Kbefore exit
HUBSPOT INC (HUBS 0.375 06/01/25) NOTE 0.375% 6/0 · principal Sold out 39,000 $78Kbefore exit
ITRON INC (ITRI 1.375 07/15/30) NOTE 1.375% 7/1 · principal New 63,000 $75K
BLACKLINE INC (BL 1 06/01/29) NOTE 1.000% 6/0 · principal New 70,000 $74K
ZSCALER INC. (ZS 0.125 07/01/25) NOTE 0.125% 7/0 · principal Sold out 51,000 $67Kbefore exit
PELOTON INTERACTIVE INC (PTON 5.5 12/01/29) NOTE 5.500%12/0 · principal New 30,000 $55K
COINBASE GLOBAL INC (COIN 0.25 04/01/30) NOTE 0.250% 4/0 · principal New 42,000 $55K
NCL CORPORATION LTD (NCLH 5.375 08/01/25) NOTE 5.375% 8/0 · principal Sold out 48,000 $55Kbefore exit
GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) NOTE 3.250% 6/1 · principal New 38,000 $52K
NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) NOTE 3.625% 4/1 · principal New 48,000 $50K
NRG ENERGY INC (NRG 2.75 06/01/48) DBCV 2.750% 6/0 · principal Sold out 21,000 $49Kbefore exit
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal New 46,000 $49K
CONMED CORP (CNMD 2.25 06/15/27) NOTE 2.250% 6/1 · principal New 50,000 $47K
ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) NOTE 6.000% 8/1 · principal Sold out 11,000 $45Kbefore exit
OKTA INC (OKTA 0.375 06/15/26) NOTE 0.375% 6/1 · principal New 47,000 $45K
ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) NOTE 2.250% 6/0 · principal New 46,000 $45K
PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) NOTE 2.125% 5/1 · principal New 44,000 $43K
NABORS INDUSTRIES INC (NBR 1.75 06/15/29) NOTE 1.750% 6/1 · principal Sold out 61,000 $41Kbefore exit
BLOCK INC (XYZ 0.25 11/01/27) NOTE 0.250%11/0 · principal Sold out 45,000 $40Kbefore exit
SEA LTD (SEALTD 2.375 12/01/25) NOTE 2.375%12/0 · principal New 21,000 $37K
AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) NOTE 0.125% 5/0 · principal Sold out 27,000 $27Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 444$256.8MVUS, VDI, VEM, CGAU, BAP
Q1 2026 432$211.6MVUS, VDI, BAP, CGAU, VEM
Q4 2025 426$208.0MVUS, VDI, CGAU, BAP, HDB
Q3 2025Amended 403$177.9MSSRM, IBN, WB, CGAU, HDB
Q2 2025Amended 376$159.8MIBN, CGAU, VCLN, AAPL, MSFT
Q1 2025Amended 349$150.5MIBN, CGAU, AAPL, VCLN, MMYT
Q4 2024 461$244.5MOCCI, APP, PLTR, HYG, JNK
Q3 2024 453$213.5MOCCI, HYG, APP, TPVG, CEG
Q2 2024 447$203.8MOXFORD LANE CAP CORP, REGN, NVDA, VRTX, TPVG
Q1 2024 421$187.9MTCPC, FANG, OXFORD LANE CAP CORP, REGN, NVDA