Virtus Advisers, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed February 13, 2026), Virtus Advisers, LLC reported 403 stock positions worth $177.9 million. Its top holding was SSR Mining (SSRM) at 3.9% of the portfolio, followed by Icici Bank Ltd.-Spon ADR (IBN, 3.5%) and Weibo Corp.-Spon ADR (WB, 2.4%). Compared with Q2 2025, it opened 99 new positions, sold out of 72, added to 55 and reduced 102. The biggest buy was SSR Mining (SSRM, shares +375%) and the biggest sale Icici Bank Ltd.-Spon ADR (IBN, shares −22%).

Most Recent 13F
Q2 2026
Location
HARTFORD, CT
CIK
0001587281
Portfolio Value
$177.9M (Q3 2025)
SEC Filing
0001587281-26-000006 ↗ 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 Q2 2025 Q3 2025: $177.9M $177.9M Q3 2025 Q4 2025: $208.0M Q4 2025 Q1 2026: $211.6M Q1 2026 Q2 2026: $256.8M Q2 2026

Holdings 403 stocks · $177.9M
SSRM SSR Mining Inc. 3.88% 216,217 $6.9M Add +374.8%
IBN Icici Bank Ltd.-Spon ADR 3.48% 204,655 $6.2M Reduce -21.6%
WB Weibo Corp.-Spon ADR 2.41% 345,520 $4.3M Add +137.3%
CGAU Centerra Gold Inc. 2.16% 287,810 $3.8M Reduce -50.6%
HDB HDFC Bank Ltd.-ADR 1.82% 94,708 $3.2M Add +98.5%
PRIM Primoris Services Corp. 1.58% 20,485 $2.8M Reduce -19.5%
AAPL Apple Inc. 1.34% 9,344 $2.4M Reduce -35.0%
CIB Grupo Cibest SA-ADR 1.31% 44,952 $2.3M Add +9.2%
INDA iShares MSCI India ETF 1.21% 41,289 $2.1M Add +1.2%
NCLH Norwegian Cruise Line Holdin 1.13% 81,670 $2.0M No change
PAHC Phibro Animal Health Corp. Class A 1.10% 48,576 $2.0M Reduce -11.0%
CVLT Commvault Systems Inc. 1.10% 10,376 $2.0M Reduce -2.0%
LRCX Lam Research Corp. 1.07% 14,279 $1.9M Add +376.0%
GL Globe Life Inc. 1.07% 13,335 $1.9M No change
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 1.01% 46,813 $1.8M No change
NVDA Nvidia Corp. 1.00% 9,557 $1.8M Reduce -27.3%
AMBA Ambarella Inc. 0.97% 20,930 $1.7M Reduce -11.7%
PENG Penguin Solutions Inc. 0.97% 65,596 $1.7M New
NXT Nextpower Inc. filed as NEXTRACKER INC 0.93% 22,405 $1.7M No change
RDY Dr. Reddy's Laboratories-ADR 0.92% 116,945 $1.6M Reduce -1.7%
FIX Comfort Systems USA Inc. 0.91% 1,964 $1.6M Reduce -30.2%
AMSC American Superconductor Corp. 0.87% 25,990 $1.5M Add +4.7%
MSFT Microsoft Corp. 0.87% 2,972 $1.5M Reduce -45.0%
TSEM Tower Semiconductor Ltd. 0.84% 20,781 $1.5M No change
ANIP Ani Pharmaceuticals Inc. 0.82% 15,906 $1.5M No change
ALKS Alkermes PLC 0.80% 47,708 $1.4M No change
DCO Ducommun Inc. 0.75% 13,904 $1.3M Reduce -19.5%
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 0.75% 8,610 $1.3M No change
DBX Dropbox Inc. Class A 0.73% 43,276 $1.3M Add +20.8%
FTDR Frontdoor Inc. 0.73% 19,189 $1.3M No change
ACM Aecom 0.72% 9,844 $1.3M No change
VCYT Veracyte Inc. 0.70% 36,230 $1.2M No change
TILE Interface Inc. 0.70% 42,976 $1.2M No change
LE Lands' End Inc. 0.65% 82,185 $1.2M Add +11.7%
CAMT Camtek Ltd. 0.64% 10,829 $1.1M Add +369.2%
ACMR Acm Research Inc. Class A 0.64% 28,954 $1.1M Reduce -7.5%
HWC Hancock Whitney Corp. 0.63% 18,007 $1.1M Reduce -15.6%
MOG.A Moog Inc. Class A 0.63% 5,392 $1.1M No change
MTG Mgic Investment Corp. 0.63% 39,357 $1.1M No change
GDOT Green Dot Corp. Class A 0.61% 80,268 $1.1M No change
CRUS Cirrus Logic Inc. 0.61% 8,600 $1.1M No change
DOCU Docusign Inc. 0.59% 14,629 $1.1M No change
AB Alliancebernstein Holding LP 0.58% 27,119 $1.0M Add +261.0%
KSS Kohls Corp. 0.58% 67,375 $1.0M New
WWD Woodward Inc. 0.57% 3,985 $1.0M No change
VVX V2X Inc. 0.56% 17,295 $1.0M New
EME Emcor Group Inc. 0.56% 1,528 $992K Reduce -14.0%
DRS Leonardo DRS Inc. 0.54% 21,304 $967K Reduce -2.3%
CRGY Crescent Energy Inc. Class A 0.53% 105,323 $939K Reduce -0.2%
ACAD Acadia Pharmaceuticals Inc. 0.52% 42,974 $917K No change
BBSI Barrett Business SVCS Inc. 0.49% 19,874 $881K Reduce -40.6%
MTZ Mastec Inc. 0.49% 4,119 $877K Reduce -22.2%
AMZN Amazon.com Inc. 0.49% 3,947 $867K Add +6.6%
GMAB Genmab A/S -SP ADR 0.47% 27,495 $843K No change
AIR Aar Corp. 0.47% 9,369 $840K No change
ARW Arrow Electronics Inc. 0.47% 6,907 $836K Add +10.3%
ALHC Alignment Healthcare Inc. 0.44% 44,569 $778K Add +7.6%
MGA Magna International Inc. 0.44% 12,500 $774K New
RGA Reinsurance Group of America 0.43% 3,955 $760K No change
CASY Casey's General Stores Inc. 0.42% 1,332 $753K No change
LOPE Grand Canyon Education Inc. 0.42% 3,396 $745K No change
NTRA Natera Inc. 0.42% 4,622 $744K Add +11.1%
FN Fabrinet 0.42% 2,026 $739K No change
PRDO Perdoceo Education Corp. 0.40% 18,948 $714K No change
GCO Genesco Inc. 0.39% 23,688 $687K Add +45.6%
EVER Everquote Inc. Class A 0.39% 30,005 $686K No change
ANF Abercrombie & Fitch Co. Class A 0.38% 8,000 $684K No change
TPB Turning Point Brands Inc. 0.38% 6,815 $674K No change
GOOGL Alphabet Inc. Class A 0.37% 2,742 $667K Reduce -47.2%
PM Philip Morris International 0.37% 4,105 $666K Reduce -6.5%
IDA Idacorp Inc. 0.37% 5,005 $661K No change
EVRG Evergy Inc. 0.36% 8,525 $648K No change
EAT Brinker International Inc. 0.36% 5,093 $645K Add +22.4%
PBH Prestige Consumer Healthcare 0.36% 10,324 $644K No change
LFST Lifestance Health Group Inc. 0.36% 115,516 $635K Add +2273.4%
SFM Sprouts Farmers Market Inc. 0.35% 5,708 $621K Reduce -18.6%
JPM JPMorgan Chase & Co. 0.35% 1,949 $615K Reduce -37.0%
LNT Alliant Energy Corp. 0.35% 9,114 $614K No change
GOOG Alphabet Inc. Class C 0.34% 2,517 $613K Add +118.9%
MO Altria Group Inc. 0.34% 9,132 $603K Reduce -18.5%
NI Nisource Inc. 0.33% 13,701 $593K Reduce -34.5%
TR Tootsie Roll Inds 0.33% 14,132 $592K No change
OGE Oge Energy Corp. 0.33% 12,766 $591K No change
CDNA Caredx Inc. 0.33% 40,564 $590K No change
MSGS Madison Square Garden Sports 0.33% 2,592 $588K No change
NTB Bank of N.T. Butterfield&son 0.33% 13,596 $584K No change
IFS Intercorp Financial Services 0.33% 14,400 $581K No change
MANH Manhattan Associates Inc. 0.32% 2,769 $568K Add +14.5%
OTTR Otter Tail Corp. 0.32% 6,854 $562K No change
BMY Bristol-Myers Squibb Co. 0.31% 12,350 $557K New
ADC Agree Realty Corp. 0.31% 7,815 $555K No change
AMR Alpha Metallurgical Resource 0.31% 3,350 $550K New
META Meta Platforms Inc. Class A 0.31% 747 $549K Reduce -30.3%
OSPN Onespan Inc. 0.30% 34,100 $542K No change
PEGA Pegasystems Inc. 0.30% 9,406 $541K No change
EXEL Exelixis Inc. 0.30% 13,000 $537K No change
TK Teekay Corp. Ltd. 0.30% 65,393 $535K Reduce -53.2%
OGN Organon & Co. 0.30% 50,000 $534K New
YOU Clear Secure Inc. Class A 0.30% 15,797 $527K Reduce -17.1%
IBEX Ibex Ltd. 0.29% 12,850 $521K No change
OPRX Optimizerx Corp. 0.29% 25,187 $516K Add +62.5%
DAKT Daktronics Inc. 0.29% 24,621 $515K Reduce -23.3%
NLY Annaly Capital Management Inc. 0.28% 24,950 $504K New
KN Knowles Corp. 0.28% 21,511 $501K New
ARWR Arrowhead Pharmaceuticals Inc. 0.28% 14,462 $499K Reduce -7.6%
SRPT Sarepta Therapeutics Inc. 0.28% 25,800 $497K New
EHC Encompass Health Corp. 0.28% 3,901 $496K No change
MMSI Merit Medical Systems Inc. 0.28% 5,913 $492K No change
INVA Innoviva Inc. 0.28% 26,946 $492K No change
RITM Rithm Capital Corp. 0.28% 43,000 $490K No change
RLI Rli Corp. 0.27% 7,466 $487K No change
FBP First Bancorp Puerto Rico 0.27% 21,858 $482K No change
PLOW Douglas Dynamics Inc. 0.27% 15,250 $477K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.27% 4,337 $473K Reduce -40.2%
WLDN Willdan Group Inc. 0.26% 4,700 $454K No change
KLAC KLA Corp. 0.25% 418 $451K Add +4.5%
VIPS Vipshop Holdings Ltd. - ADR 0.25% 22,583 $444K Reduce -4.8%
VZ Verizon Communications Inc. 0.25% 9,950 $437K New
MGPI MGP Ingredients Inc. 0.24% 17,900 $433K New
SPCE Virgin Galactic Holdings Inc. 0.24% 112,000 $432K New
EXAS Exact Sciences Corp. 0.24% 7,883 $431K New
CRDO Credo Technology Group Holdi 0.24% 2,954 $430K No change
WPC WP Carey Inc. 0.23% 6,000 $405K New
CHE Chemed Corp. 0.23% 895 $401K No change
PAGS Pagseguro Digital Ltd. Class A 0.22% 40,000 $400K Reduce -11.8%
RF Regions Financial Corp. 0.22% 15,000 $396K New
CSTM Constellium SE 0.22% 26,000 $387K No change
TD Toronto-Dominion Bank 0.22% 3,450 $384K New
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.22% 4,260 $383K New
CFG Citizens Financial Group 0.22% 7,200 $383K New
POST Post Holdings Inc. filed as POST HLDGS INC 0.21% 3,508 $377K No change
ZETA Zeta Global Holdings Corp. Class A 0.21% 18,904 $376K Add +59.3%
PNW Pinnacle West Capital 0.21% 4,145 $372K No change
INTA Intapp Inc. 0.21% 8,928 $365K No change
EIX Edison International 0.21% 6,600 $365K New
NBIX Neurocrine Biosciences Inc. 0.20% 2,584 $363K No change
RDCM Radcom Ltd. 0.20% 24,856 $360K No change
AMRX Amneal Pharmaceuticals Inc. 0.20% 35,921 $360K No change
CALM Cal-Maine Foods Inc. 0.20% 3,807 $358K Add +43.3%
TRGP Targa Resources Corp. 0.20% 2,129 $357K Add +77.4%
AVGO Broadcom Inc. 0.20% 1,080 $356K Reduce -16.9%
BBY Best Buy Co. Inc. 0.20% 4,700 $355K New
GE General Electric filed as GE AEROSPACE 0.20% 1,175 $353K Reduce -32.0%
AWR American States Water Co. filed as AMER STATES WTR CO 0.20% 4,803 $352K No change
ENB Enbridge Inc. 0.20% 5,000 $351K New
OSW Onespaworld Holdings Ltd. 0.20% 16,542 $350K No change
HRMY Harmony Biosciences Holdings 0.19% 12,524 $345K No change
TNET Trinet Group Inc. 0.19% 5,100 $341K New
COHR Coherent Corp. 0.19% 3,154 $340K No change
FSM Fortuna Mining Corp. 0.19% 37,681 $338K No change
ADUS Addus Homecare Corp. 0.19% 2,850 $336K No change
PHR Phreesia Inc. 0.19% 14,181 $334K No change
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 0.19% 3,280 $330K New
KGC Kinross Gold Corp. 0.18% 9,433 $326K New
EA Electronic Arts Inc. 0.18% 1,605 $324K Add +30.5%
WDFC WD-40 Co. 0.18% 1,631 $322K No change
ROKU Roku Inc. 0.18% 3,213 $322K No change
ARRY Array Technologies Inc. 0.18% 38,860 $317K New
NFLX Netflix Inc. 0.18% 262 $314K Reduce -22.0%
SXC Suncoke Energy Inc. 0.17% 38,155 $311K Add +17.6%
OR Or Royalties Inc. 0.17% 7,720 $309K New
ADBE Adobe Inc. 0.17% 861 $304K Add +60.3%
TATT Tat Technologies Ltd. 0.17% 6,859 $302K No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.17% 2,900 $298K New
ADTN Adtran Holdings Inc. 0.17% 31,571 $296K New
GRNT Granite Ridge Resources Inc. 0.17% 54,442 $295K No change
MIRM Mirum Pharmaceuticals Inc. 0.16% 4,000 $293K New
QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC 0.16% 4,017 $291K No change
FMS Fresenius Medical Care-ADR 0.16% 11,033 $290K No change
PPC Pilgrim's Pride Corp. 0.16% 7,130 $290K Add +137.7%
WMK Weis Markets Inc. filed as WEIS MKTS INC 0.16% 4,022 $289K No change
EMA Emera Inc. 0.16% 5,000 $289K New
UPST Upstart Holdings Inc. 0.16% 5,670 $288K No change
CPRX Catalyst Pharmaceuticals Inc. 0.16% 14,572 $287K Reduce -36.1%
MS Morgan Stanley 0.16% 1,801 $286K Reduce -14.2%
ZTS Zoetis Inc. 0.16% 1,934 $283K Add +164.9%
BY Byline Bancorp Inc. 0.16% 10,179 $282K No change
ADMA Adma Biologics Inc. 0.15% 18,412 $270K No change
EBAY eBay Inc. 0.15% 2,959 $269K Add +7.6%
POWL Powell Industries Inc. 0.15% 877 $267K No change
AMN Amn Healthcare Services Inc. 0.15% 13,800 $267K New
BFAM Bright Horizons Family Solut 0.15% 2,413 $262K No change
DKS Dick's Sporting Goods Inc. 0.15% 1,170 $260K New
STT State Street Corp. 0.15% 2,230 $259K Reduce -14.2%
UVV Universal Corp. 0.14% 4,570 $255K No change
EIG Employers Holdings Inc. 0.14% 5,988 $254K No change
AMBP Ardagh Metal Packaging SA 0.14% 62,872 $251K New
PBYI Puma Biotechnology Inc. 0.14% 47,172 $250K Reduce -14.9%
AVDL Avadel Pharmaceuticals Ltd. 0.14% 16,385 $250K No change
CFFN Capitol Federal Financial Inc. 0.14% 39,238 $249K Add +32.8%
TMHC Taylor Morrison Home Corp. 0.14% 3,768 $249K Reduce -11.0%
OSIS Osi Systems Inc. 0.14% 982 $245K No change
STRA Strategic Education Inc. 0.14% 2,844 $245K Reduce -42.5%
CLBT Cellebrite Di Ltd. 0.13% 12,954 $240K No change
IONQ Ionq Inc. 0.13% 3,771 $232K Add +28.8%
SPG Simon Property Group Inc. 0.13% 1,230 $231K New
GWRE Guidewire Software Inc. 0.13% 1,000 $230K New
RIGL Rigel Pharmaceuticals Inc. 0.13% 8,027 $227K No change
CPF Central Pacific Financial Co. 0.13% 7,462 $226K No change
URBN Urban Outfitters Inc. 0.13% 3,168 $226K No change
D Dominion Energy Inc. 0.13% 3,645 $223K Reduce -14.2%
ORA Ormat Technologies Inc. 0.12% 2,283 $220K No change
SUN Sunoco LP 0.12% 4,380 $219K No change
ABBV Abbvie Inc. 0.12% 941 $218K Add +2038.6%
ACLS Axcelis Technologies Inc. 0.12% 2,221 $217K Add +33.0%
KE Kimball Electronics Inc. 0.12% 7,204 $215K Add +34.9%
MAX Mediaalpha Inc. Class A 0.12% 18,711 $213K No change
GIL Gildan Activewear Inc. 0.12% 3,679 $213K No change
MZTI The Marzetti Company 0.12% 1,188 $205K No change
NVST Envista Holdings Corp. 0.12% 10,062 $205K Add +32.9%
CRMD Cormedix Inc. 0.12% 17,590 $205K New
APPF Appfolio Inc. Class A 0.11% 740 $204K New
TBCH Turtle Beach Corp. 0.11% 12,799 $204K No change
BDC Belden Inc. 0.11% 1,664 $200K Add +31.0%
UTL Unitil Corp. 0.11% 4,177 $200K No change
BL Blackline Inc. 0.11% 3,761 $200K No change
HALO Halozyme Therapeutics Inc. 0.11% 2,690 $197K No change
SAFT Safety Insurance Group Inc. 0.11% 2,768 $196K No change
LOGI Logitech International-Reg 0.11% 2,244 $195K Reduce -17.9%
SRAD Sportradar Group AG-A 0.11% 7,200 $194K New
WAY Waystar Holding Corp. 0.11% 5,058 $192K No change
WSM Williams-Sonoma Inc. 0.11% 961 $188K Reduce -14.2%
DGII Digi International Inc. 0.10% 5,059 $184K New
UFCS United Fire Group Inc. 0.10% 6,050 $184K No change
RDN Radian Group Inc. 0.10% 5,060 $183K Reduce -55.1%
CGNT Cognyte Software Ltd. 0.10% 21,587 $181K Reduce -41.4%
ITRG Integra Resources Corp. 0.10% 60,700 $179K New
TEL Te Connectivity PLC 0.10% 800 $176K New
SLM SLM Corp. 0.10% 6,325 $175K No change
PCRX Pacira Biosciences Inc. 0.10% 6,765 $174K No change
OTEX Open Text Corp. 0.10% 3,345 $174K Reduce -14.2%
UNTY Unity Bancorp Inc. 0.10% 3,539 $173K No change
MAMA Mama's Creations Inc. 0.10% 16,453 $173K No change
VRT Vertiv Holdings Co. Class A 0.10% 1,146 $173K Add +63.7%
NRG NRG Energy Inc. 0.10% 1,056 $171K Reduce -14.2%
CRSR Corsair Gaming Inc. 0.10% 19,147 $171K No change
IDT Idt Corp. Class B 0.10% 3,240 $169K No change
THC Tenet Healthcare Corp. 0.09% 822 $167K Add +60.5%
SIBN Si-Bone Inc. 0.09% 11,333 $167K Reduce -34.0%
ETN Eaton Corp. PLC 0.09% 441 $165K New
ODC Oil-Dri Corp. of America 0.09% 2,700 $165K No change
ANET Arista Networks Inc. 0.09% 1,113 $162K Reduce -4.8%
MU Micron Technology Inc. 0.09% 965 $161K New
CSCO Cisco Systems Inc. 0.09% 2,308 $158K New
IDXX Idexx Laboratories Inc. 0.09% 241 $154K New
VLTO Veralto Corp. 0.09% 1,441 $154K Reduce -39.4%
AMGN Amgen Inc. 0.09% 541 $153K New
INGR Ingredion Inc. 0.09% 1,240 $151K No change
HBAN Huntington Bancshares Inc. 0.08% 8,700 $150K New
SMBK Smartfinancial Inc. 0.08% 4,163 $149K No change
SRTA Strata Critical Medical Inc. 0.08% 29,168 $148K New
MNR Mach Natural Resources LP 0.08% 11,100 $146K New
CELH Celsius Holdings Inc. 0.08% 2,540 $146K No change
ALL Allstate Corp. 0.08% 672 $144K New
DGICA Donegal Group Inc. Class A 0.08% 7,437 $144K No change
ECPG Encore Capital Group Inc. 0.08% 3,426 $143K Add +33.5%
HSTM Healthstream Inc. 0.08% 5,015 $142K No change
CTBI Community Trust Bancorp Inc. 0.08% 2,530 $142K No change
GLDD Great Lakes Dredge & Dock Co. 0.08% 11,737 $141K Add +33.3%
CTGO Contango Silver & Gold Inc. 0.08% 5,600 $140K New
HIG Hartford Insurance Group Inc. 0.08% 1,040 $139K Reduce -14.2%
CRNC Cerence Inc. 0.08% 11,093 $138K No change
NVT Nvent Electric PLC 0.08% 1,400 $138K New
SLGN Silgan Holdings Inc. 0.08% 3,190 $137K No change
ARLP Alliance Resource Partners 0.08% 5,400 $137K New
F Ford Motor Co. filed as FORD MTR CO 0.08% 11,300 $135K New
HLI Houlihan Lokey Inc. 0.07% 650 $133K New
DBD Diebold Nixdorf Inc. 0.07% 2,332 $133K No change
MRC MRC Global Inc. 0.07% 9,203 $133K Reduce -24.0%
NOC Northrop Grumman Corp. 0.07% 216 $132K Reduce -45.5%
NXDR Nextdoor Holdings Inc. 0.07% 62,600 $131K No change
PNC PNC Financial Services Group 0.07% 650 $131K New
UPBD Upbound Group Inc. 0.07% 5,506 $130K No change
BX Blackstone Inc. 0.07% 750 $128K New
B Barrick Mining Corp. 0.07% 2,800 $128K New
HEI.A Heico Corp. Class A 0.07% 500 $127K New
ROG Rogers Corp. 0.07% 1,573 $127K New
OHI Omega Healthcare Investors 0.07% 2,971 $125K No change
AGNC AGNC Investment Corp. 0.07% 12,800 $125K New
GNE Genie Energy Ltd. Class B 0.07% 8,316 $124K No change
VIK Viking Holdings Ltd. 0.07% 2,000 $124K New
IEP Icahn Enterprises LP 0.07% 14,700 $124K New
ORC Orchid Island Capital Inc. 0.07% 17,600 $123K New
BFST Business First Bancshares 0.07% 5,204 $123K No change
GD General Dynamics Corp. 0.07% 360 $123K New
ARR Armour Residential REIT Inc. 0.07% 8,200 $123K New
KRP Kimbell Royalty Partners LP 0.07% 9,070 $122K New
DX Dynex Capital Inc. 0.07% 9,950 $122K New
LHX L3HARRIS Technologies Inc. 0.07% 400 $122K New
HNI Hni Corp. 0.07% 2,583 $121K No change
JJSF J & J Snack Foods Corp. 0.07% 1,245 $120K No change
CLBK Columbia Financial Inc. 0.07% 7,963 $120K Add +30.0%
DMLP Dorchester Minerals LP 0.07% 4,607 $119K No change
CRH CRH PLC 0.07% 987 $118K Reduce -14.2%
IRMD Iradimed Corp. 0.07% 1,650 $117K No change
JNJ Johnson & Johnson 0.07% 628 $116K New
HCA HCA Healthcare Inc. 0.07% 273 $116K Reduce -14.2%
ADP Automatic Data Processing 0.07% 394 $116K Reduce -14.2%
RLX RLX Technology Inc.-ADR 0.06% 43,796 $115K No change
DOO BRP Inc./Ca- Sub Voting 0.06% 1,879 $114K No change
GSL Global Ship Lease Inc. Class A 0.06% 3,700 $114K New
IVR Invesco Mortgage Capital 0.06% 14,700 $111K New
SCHW Schwab (charles) Corp. 0.06% 1,160 $111K New
SPOK Spok Holdings Inc. filed as SPOK HLDGS INC 0.06% 6,350 $110K New
FBIZ First Business Financial Ser 0.06% 2,133 $109K No change
STN Stantec Inc. 0.06% 1,000 $108K No change
OOMA Ooma Inc. 0.06% 8,952 $107K No change
ATHM Autohome Inc.-ADR 0.06% 3,700 $106K No change
AEM Agnico Eagle Mines Ltd. 0.06% 450 $105K New
BIP Brookfield Infrastructure Pa 0.06% 3,200 $105K New
DELL Dell Technologies -C 0.06% 740 $105K New
VITL Vital Farms Inc. 0.06% 2,542 $105K No change
CARS Cars.com Inc. 0.06% 8,155 $100K No change
HII Huntington Ingalls Industrie 0.05% 330 $95K New
AVO Mission Produce Inc. 0.05% 7,903 $95K No change
ADI Analog Devices Inc. 0.05% 380 $93K New
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.05% 500 $91K New
ZION Zions Bancorp NA 0.05% 1,601 $91K No change
BWA Borgwarner Inc. 0.05% 2,050 $90K New
TSLA Tesla Inc. 0.05% 200 $89K Reduce -70.4%
DG Dollar General Corp. 0.05% 850 $88K New
CMI Cummins Inc. 0.05% 205 $87K No change
QCOM Qualcomm Inc. 0.05% 515 $86K Reduce -14.2%
YELP Yelp Inc. 0.05% 2,700 $84K No change
UBS UBS Group AG-Reg 0.05% 2,520 $82K New
RNG Ringcentral Inc. Class A 0.05% 2,849 $81K No change
CNQ Canadian Natural Resources 0.04% 1,800 $80K New
LLY Eli Lilly & Co. 0.04% 100 $76K Reduce -56.3%
XP XP Inc. Class A 0.04% 4,000 $75K New
ATEX Anterix Inc. 0.04% 3,500 $75K No change
BRY Berry Corp. 0.04% 19,856 $75K No change
PAGP Plains GP Holdings LP 0.04% 4,000 $73K New
FTNT Fortinet Inc. 0.04% 838 $70K Reduce -27.8%
AHR American Healthcare REIT Inc. 0.04% 1,660 $70K New
AUGO Aura Minerals Inc. 0.04% 1,800 $67K New
BAP Credicorp Ltd. 0.04% 250 $67K New
BRK.B Berkshire Hathaway Inc. Class B 0.04% 130 $65K Reduce -78.0%
MSI Motorola Solutions Inc. 0.04% 142 $65K Reduce -77.9%
HEI Heico Corp. 0.03% 190 $61K Reduce -51.3%
DOLE Dole PLC 0.03% 4,428 $60K Reduce -34.0%
HAS Hasbro Inc. 0.03% 760 $58K New
APA Apa Corp. 0.03% 2,361 $57K New
REGN Regeneron Pharmaceuticals 0.03% 100 $56K New
XRN Chiron Real Estate Inc. filed as GLOBAL MED REIT INC 0.03% 1,650 $56K New
TRMD Torm PLC-A 0.03% 2,160 $45K New
MMM 3M Co. 0.02% 280 $43K Reduce -14.1%
IDCC Interdigital Inc. 0.02% 125 $43K New
ES Eversource Energy 0.02% 600 $43K New
JBSS John B. Sanfilippo & Son Inc. filed as SANFILIPPO JOHN B & SON INC 0.02% 649 $42K No change
SVC Service Pptys TR 0.02% 14,988 $41K No change
PTON Peloton Interactive Inc. Class A 0.02% 4,420 $40K Reduce -75.7%
QFIN Qfin Holdings Inc.-ADR 0.02% 1,372 $39K Reduce -90.5%
TT Trane Technologies PLC 0.02% 91 $38K Reduce -89.8%
MDXG Mimedx Group Inc. 0.02% 5,328 $37K No change
FOLD Amicus Therapeutics Inc. 0.02% 4,523 $36K No change
FOXA Fox Corp. Class A 0.02% 524 $33K Reduce -89.8%
J Jacobs Solutions Inc. 0.02% 203 $30K Reduce -89.8%
CTAS Cintas Corp. 0.02% 147 $30K Reduce -94.3%
LH Labcorp Holdings Inc. 0.02% 95 $27K Reduce -89.9%
SPGI S&P Global Inc. 0.02% 56 $27K Reduce -89.8%
NOW ServiceNow Inc. 0.01% 29 $27K Reduce -91.9%
EXPD Expeditors Intl Wash Inc. 0.01% 217 $27K Reduce -89.9%
MCO Moody's Corp. 0.01% 53 $25K Reduce -95.1%
PODD Insulet Corp. 0.01% 51 $16K Reduce -89.8%
CBRE CBRE Group Inc. Class A 0.01% 95 $15K Reduce -89.9%
VEEV Veeva Systems Inc. Class A 0.01% 47 $14K Reduce -92.9%
ETFIS SER TR I 0.01% 410 $14K Add +28.9%
ADSK Autodesk Inc. 0.01% 38 $12K Reduce -89.9%
COST Costco Wholesale Corp. 0.01% 13 $12K Reduce -89.6%
DECK Deckers Outdoor Corp. 0.01% 111 $11K Reduce -89.8%
HLT Hilton Worldwide Holdings Inc. 0.01% 38 $10K Reduce -89.9%
TUA Sim St Treas Fut Strat ETF filed as SIMPLIFY EXCHANGE TRADED FUN 0.01% 449 $10K New
HUBS HubSpot Inc. 0.01% 20 $9K Reduce -90.0%
WTW Willis Towers Watson PLC 0.00% 25 $9K Reduce -90.0%
PAYC Paycom Software Inc. 0.00% 41 $9K Reduce -89.8%
RMD Resmed Inc. 0.00% 31 $8K Reduce -89.7%
SEIC Sei Investments Company 0.00% 91 $8K Reduce -89.9%
INTU Intuit Inc. 0.00% 10 $7K Reduce -90.0%
VABS Virtus Nwflt Secr Inc. ETF-Ui 0.00% 274 $7K Add +18.1%
SCHX Schwab US Large-Cap ETF 0.00% 183 $5K Add +7.7%
ASMF Virtus As Futures ETF 0.00% 200 $5K Add +1.0%
VEMY Vir S/H Emrg MKT HY BND ETF 0.00% 164 $5K Add +234.7%
USIG iShares Broad Usd Investment 0.00% 74 $4K Add +17.5%
TYA Simplify Intermediate Term 0.00% 281 $4K New
PFFA Virtus Infracap US Pref STCK 0.00% 168 $4K Reduce -1.2%
VT Vanguard Tot World STK ETF 0.00% 26 $4K No change
USMV iShares MSCI USA Min Vol Fac 0.00% 36 $3K Reduce -18.2%
JEPI JPMorgan Equity Premium Inco 0.00% 59 $3K Add +18.0%
NFLT Virtus Newfleet Multi-Sector 0.00% 143 $3K Reduce -41.1%
TLTW iShares 20+ Bond Buywrite 0.00% 135 $3K Add +8.0%
SCHD Schwab US DVD Equity ETF 0.00% 84 $2K Add +20.0%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.00% 38 $2K Add +18.8%
SCHR Schwab Intermediate-Term US 0.00% 87 $2K Reduce -85.2%
JOET Virtus Terranova US Qual Mom 0.00% 50 $2K Reduce -37.5%
LVHI Franklin International Low V 0.00% 41 $1K Reduce -70.5%
VPC Virtus Private Credit Strate 0.00% 54 $1K Add +35.0%
VSHY Virtus Nwflt SHRT Dur Hi YLD 0.00% 34 $747 Reduce -2.9%
SEIX Virtus Seix Senior Loan ETF 0.00% 31 $731 Reduce -71.0%
SPHD Invesco S&P 500 High Dividen 0.00% 12 $593 Add +100.0%
PFFR Infracap REIT Preferred ETF 0.00% 28 $524 Reduce -15.2%
REM iShares Mortgage Real Estate 0.00% 23 $505 No change
DVYE iShares Emerging Markets Div 0.00% 11 $327 Reduce -84.7%
AMTM Amentum Holdings Inc. 0.00% 12 $287 Reduce -90.1%
Other holdings (58): bonds, preferreds, convertibles and warrants · $3.2M (not counted above)
SecurityClassShares / PrincipalValueChange
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal 65,000$187KNo change
IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) NOTE 1.500% 9/0 · principal 86,000$118KAdd +72.0%
ADVANCED ENERGY IND (AEIS 2.5 09/15/28) NOTE 2.500% 9/1 · principal 82,000$114KNo change
SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) NOTE 3.500%12/0 · principal 58,000$110KNo change
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal 77,000$106KAdd +87.8%
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal 35,000$99KNo change
EVERGY INC (EVRG 4.5 12/15/27) NOTE 4.500%12/1 · principal 77,000$97KNo change
WESTERN DIGITAL CORP (WDC 3 11/15/28) NOTE 3.000%11/1 · principal 30,000$96KNew
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal 65,000$91KNo change
STRATEGY INC (MSTR 0.625 03/15/30) NOTE 0.625% 3/1 · principal 40,000$90KReduce -18.4%
SPOTIFY USA INC (SPOT 0 03/15/26) NOTE 3/1 · principal 62,000$85KReduce -39.2%
GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) NOTE 3.750% 5/1 · principal 35,000$84KReduce -22.2%
OSI SYSTEMS INC (OSIS 2.25 08/01/29) NOTE 2.250% 8/0 · principal 54,000$78KNew
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal 47,000$77KNo change
DROPBOX INC (DBX 0 03/01/28) NOTE 3/0 · principal 74,000$76KNo change
WISDOMTREE INC (WT 3.25 08/15/29) NOTE 3.250% 8/1 · principal 57,000$74KNew
BLACKLINE INC (BL 1 06/01/29) NOTE 1.000% 6/0 · principal 70,000$73KNo change
ITRON INC (ITRI 1.375 07/15/30) NOTE 1.375% 7/1 · principal 63,000$72KNo change
SEA LTD (SEALTD 2.375 12/01/25) NOTE 2.375%12/0 · principal 35,000$69KAdd +66.7%
WAYFAIR INC (W 3.5 11/15/28) NOTE 3.500%11/1 · principal 33,000$68KNew
PELOTON INTERACTIVE INC (PTON 5.5 12/01/29) NOTE 5.500%12/0 · principal 30,000$67KNo change
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal 47,000$61KReduce -43.4%
PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) NOTE 1.000% 4/1 · principal 59,000$59KAdd +5.4%
GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) NOTE 3.250% 6/1 · principal 38,000$58KNo change
GUARDANT HEALTH INC (GH 1.25 02/15/31) DEBT 1.250% 2/1 · principal 44,000$57KNew
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal 52,000$54KNo change
COINBASE GLOBAL INC (COIN 0.25 04/01/30) NOTE 0.250% 4/0 · principal 42,000$53KNo change
VARONIS SYSTEM INC (VRNS 1 09/15/29) NOTE 1.000% 9/1 · principal 47,000$51KNew
BANDWIDTH INC (BAND 0.5 04/01/28) NOTE 0.500% 4/0 · principal 58,000$49KNo change
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal 46,000$49KNo change
ENOVIS CORP (ENOV 3.875 10/15/28) NOTE 3.875%10/1 · principal 50,000$49KNew
CONMED CORP (CNMD 2.25 06/15/27) NOTE 2.250% 6/1 · principal 50,000$48KNo change
EPR PROPERTIES (EPR 5.75 PERP C) PFD C CV 5.75% · principal 1,857$47KNo change
PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) NOTE 3.500% 3/0 · principal 47,000$47KNew
OKTA INC (OKTA 0.375 06/15/26) NOTE 0.375% 6/1 · principal 47,000$46KNo change
PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) NOTE 2.125% 5/1 · principal 44,000$45KNo change
ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) NOTE 2.250% 6/0 · principal 46,000$44KNo change
HERBALIFE LTD (HLF 4.25 06/15/28) NOTE 4.250% 6/1 · principal 47,000$43KNo change
RINGCENTRAL INC (RNG 0 03/15/26) NOTE 3/1 · principal 42,000$41KNo change
ALARM.COM HLDGS INC (ALRM 0 01/15/26) NOTE 1/1 · principal 41,000$40KNo change
DAYFORCE INC (DAY 0.25 03/15/26) NOTE 0.250% 3/1 · principal 41,000$40KNo change
LIVANOVA PLC (LIVN 2.5 03/15/29) NOTE 2.500% 3/1 · principal 37,000$40KNo change
INNOVIVA INC (INVA 2.125 03/15/28) NOTE 2.125% 3/1 · principal 40,000$39KNo change
UNITI GROUP INC (UNIT 7.5 12/01/27) NOTE 7.500%12/0 · principal 36,000$39KNew
ZIFF DAVIS INC (ZD 3.625 03/01/28) DEBT 3.625% 3/0 · principal 40,000$39KNo change
STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) NOTE 6.750% 7/1 · principal 32,000$34KNo change
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal 31,000$31KNo change
SNOWFLAKE INC (SNOW 0 10/01/29) NOTE 10/0 · principal 20,000$31KNew
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$22KNo 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$799No change
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV · principal 800$545New
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV · principal 600$423New
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD · principal 850$423New
STRATEGY INC (MSTR 8 PERP) SERIES A PERP PF · principal 400$367New
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A · principal 66$82No change
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L · principal 22$28No change

Total filed on the 13F, all lines: $181.2M.

Portfolio Sells Q2 2025 → Q3 2025
IBN Icici Bank Ltd.-Spon ADR Reduce -21.6% 3.48% −2.02
VCLN Virtus Duff & Phelps Clean E Sold out 0.00% −1.98
MMYT Makemytrip Ltd. Sold out 0.00% −1.59
CGAU Centerra Gold Inc. Reduce -50.6% 2.16% −1.26
MSFT Microsoft Corp. Reduce -45.0% 0.87% −0.82
AAPL Apple Inc. Reduce -35.0% 1.34% −0.51
TK Teekay Corp. Ltd. Reduce -53.2% 0.30% −0.42
BBSI Barrett Business SVCS Inc. Reduce -40.6% 0.49% −0.38
SFM Sprouts Farmers Market Inc. Reduce -18.6% 0.35% −0.37
QFIN Qfin Holdings Inc.-ADR Reduce -90.5% 0.02% −0.37
CTAS Cintas Corp. Reduce -94.3% 0.02% −0.35
KNF Knife River Corp. Sold out 0.00% −0.33
MCO Moody's Corp. Reduce -95.1% 0.01% −0.33
NVDA Nvidia Corp. Reduce -27.3% 1.00% −0.30
V Visa Inc. Class A Sold out 0.00% −0.25
COR Cencora Inc. Sold out 0.00% −0.23
TT Trane Technologies PLC Reduce -89.8% 0.02% −0.22
PGR Progressive Corp. Sold out 0.00% −0.22
NOW ServiceNow Inc. Reduce -91.9% 0.01% −0.22
JPM JPMorgan Chase & Co. Reduce -37.0% 0.35% −0.22
AMAT Applied Materials Inc. Sold out 0.00% −0.21
CAH Cardinal Health Inc. Sold out 0.00% −0.21
AEP American Electric Power Sold out 0.00% −0.21
FHI Federated Hermes Inc. Sold out 0.00% −0.21
ROP Roper Technologies Inc. Sold out 0.00% −0.20
MCK McKesson Corp. Sold out 0.00% −0.20
RDY Dr. Reddy's Laboratories-ADR Reduce -1.7% 0.92% −0.20
GOOGL Alphabet Inc. Class A Reduce -47.2% 0.37% −0.20
NI Nisource Inc. Reduce -34.5% 0.33% −0.19
META Meta Platforms Inc. Class A Reduce -30.3% 0.31% −0.19
SPNS Sapiens International Corp. Sold out 0.00% −0.18
PRO Pros Holdings Inc. Sold out 0.00% −0.17
IBM Intl Business Machines Corp. Sold out 0.00% −0.17
SPGI S&P Global Inc. Reduce -89.8% 0.02% −0.17
KMB Kimberly-Clark Corp. Sold out 0.00% −0.16
FOXA Fox Corp. Class A Reduce -89.8% 0.02% −0.16
PAYX Paychex Inc. Sold out 0.00% −0.16
WMT Walmart Inc. Sold out 0.00% −0.16
VTR Ventas Inc. Sold out 0.00% −0.15
RDN Radian Group Inc. Reduce -55.1% 0.10% −0.15
RBA RB Global Inc. Sold out 0.00% −0.15
CPRX Catalyst Pharmaceuticals Inc. Reduce -36.1% 0.16% −0.15
BNY Bank of New York Mellon Corp. Reduce -40.2% 0.27% −0.15
J Jacobs Solutions Inc. Reduce -89.8% 0.02% −0.15
AMAL Amalgamated Financial Corp. Sold out 0.00% −0.15
BRK.B Berkshire Hathaway Inc. Class B Reduce -78.0% 0.04% −0.14
DCO Ducommun Inc. Reduce -19.5% 0.75% −0.14
ORCL Oracle Corp. Sold out 0.00% −0.14
LH Labcorp Holdings Inc. Reduce -89.9% 0.02% −0.14
EXPD Expeditors Intl Wash Inc. Reduce -89.9% 0.01% −0.14

Portfolio Buys Q2 2025 → Q3 2025
SSRM SSR Mining Inc. Add +374.8% 3.88% +3.52
WB Weibo Corp.-Spon ADR Add +137.3% 2.41% +1.54
PENG Penguin Solutions Inc. New 0.97% +0.97
LRCX Lam Research Corp. Add +376.0% 1.07% +0.89
HDB HDFC Bank Ltd.-ADR Add +98.5% 1.82% +0.67
KSS Kohls Corp. New 0.58% +0.58
VVX V2X Inc. New 0.56% +0.56
CAMT Camtek Ltd. Add +369.2% 0.64% +0.52
MGA Magna International Inc. New 0.44% +0.44
AB Alliancebernstein Holding LP Add +261.0% 0.58% +0.39
LFST Lifestance Health Group Inc. Add +2273.4% 0.36% +0.34
BMY Bristol-Myers Squibb Co. New 0.31% +0.31
AMR Alpha Metallurgical Resource New 0.31% +0.31
OGN Organon & Co. New 0.30% +0.30
AMSC American Superconductor Corp. Add +4.7% 0.87% +0.30
NLY Annaly Capital Management Inc. New 0.28% +0.28
KN Knowles Corp. New 0.28% +0.28
SRPT Sarepta Therapeutics Inc. New 0.28% +0.28
VZ Verizon Communications Inc. New 0.25% +0.25
MGPI MGP Ingredients Inc. New 0.24% +0.24
SPCE Virgin Galactic Holdings Inc. New 0.24% +0.24
EXAS Exact Sciences Corp. New 0.24% +0.24
WPC WP Carey Inc. New 0.23% +0.23
RF Regions Financial Corp. New 0.22% +0.22
GOOG Alphabet Inc. Class C Add +118.9% 0.34% +0.22
TD Toronto-Dominion Bank New 0.22% +0.22
BNS Bank of Nova Scotia New 0.22% +0.22
CFG Citizens Financial Group New 0.22% +0.22
EIX Edison International New 0.21% +0.21
BBY Best Buy Co. Inc. New 0.20% +0.20
ENB Enbridge Inc. New 0.20% +0.20
TNET Trinet Group Inc. New 0.19% +0.19
GCO Genesco Inc. Add +45.6% 0.39% +0.19
CM Can Imperial BK of Commerce New 0.19% +0.19
KGC Kinross Gold Corp. New 0.18% +0.18
ARRY Array Technologies Inc. New 0.18% +0.18
OR Or Royalties Inc. New 0.17% +0.17
TROW T Rowe Price Group Inc. New 0.17% +0.17
ADTN Adtran Holdings Inc. New 0.17% +0.17
MIRM Mirum Pharmaceuticals Inc. New 0.16% +0.16
EMA Emera Inc. New 0.16% +0.16
OPRX Optimizerx Corp. Add +62.5% 0.29% +0.16
LE Lands' End Inc. Add +11.7% 0.65% +0.16
AMN Amn Healthcare Services Inc. New 0.15% +0.15
DKS Dick's Sporting Goods Inc. New 0.15% +0.15
AMBP Ardagh Metal Packaging SA New 0.14% +0.14
SPG Simon Property Group Inc. New 0.13% +0.13
GWRE Guidewire Software Inc. New 0.13% +0.13
CIB Grupo Cibest SA-ADR Add +9.2% 1.31% +0.12
ABBV Abbvie Inc. Add +2038.6% 0.12% +0.12

Notes & Other Activity Q2 2025 → Q3 2025
IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) NOTE 1.500% 9/0 · principal Add +72.0% 86,000 $118K
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal Add +87.8% 77,000 $106K
UGI CORP (UGI 5 06/01/28) NOTE 5.000% 6/0 · principal Sold out 71,000 $98Kbefore exit
WESTERN DIGITAL CORP (WDC 3 11/15/28) NOTE 3.000%11/1 · principal New 30,000 $96K
STRATEGY INC (MSTR 0.625 03/15/30) NOTE 0.625% 3/1 · principal Reduce -18.4% 40,000 $90K
SPOTIFY USA INC (SPOT 0 03/15/26) NOTE 3/1 · principal Reduce -39.2% 62,000 $85K
GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) NOTE 3.750% 5/1 · principal Reduce -22.2% 35,000 $84K
OSI SYSTEMS INC (OSIS 2.25 08/01/29) NOTE 2.250% 8/0 · principal New 54,000 $78K
WISDOMTREE INC (WT 3.25 08/15/29) NOTE 3.250% 8/1 · principal New 57,000 $74K
VERINT SYSTEMS INC (VRNT 0.25 04/15/26) NOTE 0.250% 4/1 · principal Sold out 73,000 $70Kbefore exit
SEA LTD (SEALTD 2.375 12/01/25) NOTE 2.375%12/0 · principal Add +66.7% 35,000 $69K
WAYFAIR INC (W 3.5 11/15/28) NOTE 3.500%11/1 · principal New 33,000 $68K
LYFT INC (LYFT 0.625 03/01/29) NOTE 0.625% 3/0 · principal Sold out 64,000 $68Kbefore exit
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal Reduce -43.4% 47,000 $61K
INSULET CORPORATION (PODD 0.375 09/01/26) NOTE 0.375% 9/0 · principal Sold out 43,000 $60Kbefore exit
AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) NOTE 6.500% 7/0 · principal Sold out 60,000 $60Kbefore exit
PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) NOTE 1.000% 4/1 · principal Add +5.4% 59,000 $59K
GUARDANT HEALTH INC (GH 1.25 02/15/31) DEBT 1.250% 2/1 · principal New 44,000 $57K
CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) NOTE 3.875% 9/1 · principal Sold out 45,000 $51Kbefore exit
VARONIS SYSTEM INC (VRNS 1 09/15/29) NOTE 1.000% 9/1 · principal New 47,000 $51K
NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) NOTE 3.625% 4/1 · principal Sold out 48,000 $50Kbefore exit
ENOVIS CORP (ENOV 3.875 10/15/28) NOTE 3.875%10/1 · principal New 50,000 $49K
NCL CORPORATION LTD (NCLH 2.5 02/15/27) NOTE 2.500% 2/1 · principal Sold out 49,000 $49Kbefore exit
PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) NOTE 3.500% 3/0 · principal New 47,000 $47K
GUARDANT HEALTH INC (GH 0 11/15/27) NOTE 11/1 · principal Sold out 52,000 $47Kbefore exit
EXACT SCIENCES CORP (EXAS 0.375 03/01/28) NOTE 0.375% 3/0 · principal Sold out 50,000 $46Kbefore exit
DROPBOX INC (DBX 0 03/01/26) NOTE 3/0 · principal Sold out 46,000 $45Kbefore exit
LCI INDUSTRIES (LCII 1.125 05/15/26) NOTE 1.125% 5/1 · principal Sold out 47,000 $45Kbefore exit
CMS ENERGY CORP (CMS 3.375 05/01/28) NOTE 3.375% 5/0 · principal Sold out 42,000 $45Kbefore exit
ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) NOTE 7.500% 8/0 · principal Sold out 45,000 $45Kbefore exit
SOUTHERN CO (SO 3.875 12/15/25) NOTE 3.875%12/1 · principal Sold out 40,000 $44Kbefore exit
VIAVI SOLUTIONS INC (VIAV 1.625 03/15/26) NOTE 1.625% 3/1 · principal Sold out 42,000 $42Kbefore exit
INTERDIGITAL INC (IDCC 3.5 06/01/27) NOTE 3.500% 6/0 · principal Sold out 14,000 $41Kbefore exit
XOMETRY INC (XMTR 1 02/01/27) NOTE 1.000% 2/0 · principal Sold out 40,000 $40Kbefore exit
HAEMONETICS CORP (HAE 0 03/01/26) NOTE 3/0 · principal Sold out 41,000 $40Kbefore exit
KOSMOS ENERGY LTD (KOS 3.125 03/15/30) NOTE 3.125% 3/1 · principal Sold out 59,000 $39Kbefore exit
BLOCK INC (XYZ 0 05/01/26) NOTE 5/0 · principal Sold out 41,000 $39Kbefore exit
UNITI GROUP INC (UNIT 7.5 12/01/27) NOTE 7.500%12/0 · principal New 36,000 $39K
NEOGENOMICS INC (NEO 0.25 01/15/28) NOTE 0.250% 1/1 · principal Sold out 44,000 $38Kbefore exit
NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) NOTE 7.500%10/1 · principal Sold out 37,000 $37Kbefore exit
CONFLUENT INC (CFLT 0 01/15/27) NOTE 1/1 · principal Sold out 40,000 $37Kbefore exit
DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) NOTE 12/0 · principal Sold out 39,000 $36Kbefore exit
AXON ENTERPRISE INC (AXON 0.5 12/15/27) NOTE 0.500%12/1 · principal Sold out 10,000 $36Kbefore exit
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal Sold out 35,000 $33Kbefore exit
SNOWFLAKE INC (SNOW 0 10/01/29) NOTE 10/0 · principal New 20,000 $31K
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) NOTE 0.750% 3/1 · principal Sold out 36,000 $31Kbefore exit
WIX LTD (WIX 0 08/15/25) NOTE 8/1 · principal Sold out 20,000 $20Kbefore exit
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV · principal New 800 $545
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV · principal New 600 $423
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD · principal New 850 $423

Showing the first 50 of 51.

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