Warberg Asset Management LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Warberg Asset Management LLC reported 68 stock positions worth $27.8 million. Its top holding was Stereotaxis (STXS) at 11.8% of the portfolio, followed by D. Boral Arc Acquisit Class A (BCAR, 5.0%) and Vendome Acquisition Class A (VNME, 4.9%). Compared with Q2 2025, it opened 29 new positions, sold out of 16, added to 2 and reduced 10. The biggest buy was a new position in D. Boral Arc Acquisit Class A (BCAR) and the biggest sale an exit from Paramount Global Class B (PARAA).

Most Recent 13F
Q2 2026
Location
WINNETKA, IL
CIK
0001597506
Portfolio Value
$27.8M (Q3 2025)
SEC Filing
0001597506-25-000004 ↗ filed Nov 6, 2025

Holdings Value

0$20.0M$40.0M$60.0M$80.0M Q1 2024: $21.4M Q1 2024 Q2 2024: $20.9M Q2 2024 Q3 2024: $24.4M Q3 2024 Q4 2024: $25.4M Q4 2024 Q1 2025: $23.6M Q1 2025 Q2 2025: $23.6M Q2 2025 Q3 2025: $27.8M $27.8M Q3 2025 Q4 2025: $31.4M Q4 2025 Q1 2026: $48.6M Q1 2026 Q2 2026: $60.6M Q2 2026

Holdings 68 stocks · $27.8M
STXS Stereotaxis Inc. 11.82% 1,049,867 $3.3M Reduce -12.6%
BCAR D. Boral Arc Acquisit Class A 4.99% 140,000 $1.4M New
VNME Vendome Acquisition Corp. Class A 4.95% 138,500 $1.4M New
TAVI Tavia Acquisition Corp. 3.99% 107,360 $1.1M Reduce -0.1%
CHAR Charlton Aria Acquisiti Class A 3.67% 98,665 $1.0M No change
DMAA Drugs Made in America Acquis 3.40% 92,055 $945K No change
FORL Four Leaf Acquisition Cor-A 3.14% 75,932 $873K No change
ORIQ Origin Investment Corp. I 3.02% 83,610 $840K New
NEN New England Realty Assoc-LP 2.97% 11,414 $826K Add +6.4%
BKHA Black Hawk Acquisition Cor-A 2.96% 74,230 $825K No change
PGAC Pantages Capital Acquisition 2.81% 76,190 $782K No change
KCHV Kochav Defense Acquisition-A 2.78% 77,200 $774K Reduce -1.3%
TDAC Translational Development Ac 2.73% 73,422 $759K Reduce -1.3%
AAM Aa Mission Acquisition Cor-A 2.54% 67,196 $707K No change
TLNCU Talon Capital Corp. 2.17% 60,000 $603K New
KVACF Keen Vision Acquisition Corp. 1.92% 45,988 $533K Reduce -0.0%
PELI Pelican Acquisition Corp. 1.81% 50,000 $503K No change
CRAQ Cal Redwood Acquisit Class A 1.79% 49,900 $499K No change
OAKU Oak Woods Acquisition Corp. Class A 1.78% 41,308 $496K Reduce -0.3%
RDAC Rising Dragon Acquisition Co. 1.72% 45,979 $479K No change
TVAI Thayer Ventures Acquis Class A 1.61% 44,699 $449K No change
INAC Indigo Acquisition Corp. 1.60% 44,612 $445K New
OTGAU Otg Acquisition Corp. I 1.59% 44,000 $443K New
QUMSU Quantumsphere Acquisition Co. 1.51% 41,421 $420K New
RFAI RF Acquisition Corp. II 1.47% 38,000 $408K No change
GTERA Globa Terra Acquisition Co. Class A 1.30% 36,300 $362K New
MKLYU McKinley Acquisition Corp. 1.26% 35,000 $350K New
CHPG Championsgate Acquisitio-A 1.25% 34,742 $349K No change
MSTR Strategy Inc. 1.16% 1,000 $322K New
FRNM Freenome Inc. filed as PERCEPTIVE CAP SOLUTIONS COR 1.14% 29,931 $316K No change
CCAQ Collective Acquisition Corp. filed as DUNE ACQUISITION CORP II 1.07% 29,416 $298K Reduce -1.3%
APACU Stonebridge Acquisition II C 0.98% 27,500 $274K New
SOCA Solarius Capital Acquis Class A 0.90% 25,000 $250K New
ENHA Enhanced Group Inc. filed as A PARADISE ACQUISITION CORP 0.89% 25,000 $248K New
DRDB Roman DBDR Acquisition Corp. 0.89% 23,910 $247K No change
QSEA Quartzsea Acquisition Corp. 0.87% 24,000 $243K No change
WTG Wintergreen Acquisition Corp. 0.87% 23,964 $241K Reduce -0.1%
AXIN Axiom Intelligence Class A 0.86% 24,000 $239K No change
VXX Ipath Series B S&P 500 Vix filed as BARCLAYS BANK PLC 0.83% 7,000 $232K New
ASPC A Spac III Acquisition Class A 0.74% 20,000 $207K No change
BLUW Blue Water Acquisition C-A filed as BLUE WTR ACQUISITION CORP. I 0.72% 20,000 $200K No change
RANG Range Capital Acquisition Co. 0.70% 18,645 $194K No change
BDCIU BTC Development Corp. 0.69% 19,000 $192K New
BRR Columbus Circle Capital Co. Class A 0.67% 18,480 $187K New
RIBB Ribbon Acquisition Corp. 0.65% 17,800 $182K No change
CAPN Cayson Acquisition Corp. 0.65% 17,226 $180K New
COPL Copley Acquisition Corp. Class A 0.63% 17,400 $176K No change
EURK Eureka Acquisition Corp. 0.61% 15,783 $169K Add +2.6%
KOYN CSLM Digital Asset Acqu - A 0.56% 15,828 $157K New
FG MERGER II CORP 0.54% 15,000 $150K No change
UYSC Uy Scuti Acquisition Corp. 0.53% 14,600 $148K No change
DFSC Defsec Technologies Inc. 0.37% 28,950 $103K New
ATII Archimedes Tech Spac Partner 0.37% 10,000 $102K No change
OYSE Oyster Enterprises II Acq-A 0.36% 10,000 $100K No change
STRIVE INC 0.36% 40,000 $100K New
CHECU Chenghe Acquisition III Co. 0.36% 10,000 $100K New
SNYRQ Synergy CHC Corp. 0.29% 33,519 $82K New
CRIS Curis Inc. 0.26% 43,727 $73K New
INTELLIGENT BIO SOLUTIONS IN 0.16% 44,693 $46K New
CBUS Cibus Inc. 0.14% 30,000 $39K No change
SYNX Silynxcom Ltd. 0.14% 25,466 $38K No change
MODULAR MED INC 0.11% 44,970 $31K New
EONR Eon Resources Inc. 0.11% 62,068 $30K Reduce -8.1%
CLDI Calidi Biotherapeutics Inc. 0.10% 18,705 $28K New
INTS Intensity Therapeutics Inc. 0.05% 60,000 $15K Reduce -12.3%
RNTX Rein Therapeutics Inc. 0.05% 11,000 $13K New
AUTONOMIX MED INC 0.04% 11,334 $12K New
VEEA INC 0.04% 18,900 $12K New

Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($195.9M), INVESCO QQQ TR puts ($30.6M), PALANTIR TECHNOLOGIES INC puts ($6.4M), ISHARES TR puts ($5.4M), CANTALOUPE INC puts ($2.9M), APPLE INC puts ($2.5M), ISHARES TR puts ($2.4M), EQUINIX INC puts ($2.3M), ISHARES BITCOIN TRUST ETF puts ($2.1M), NVIDIA CORPORATION calls ($1.9M), NVIDIA CORPORATION puts ($1.9M), VANECK ETF TRUST calls ($1.6M), and 25 more.

Other holdings (83): bonds, preferreds, convertibles and warrants · $328.7M (not counted above)
SecurityClassShares / PrincipalValueChange
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal 9,091,000$26.2MAdd +0.3%
SEA LTD (SEALTD 2.375 12/01/25) NOTE 2.375%12/0 · principal 12,103,000$23.9MAdd +50.0%
WESTERN DIGITAL CORP (WDC 3 11/15/28) NOTE 3.000%11/1 · principal 7,038,000$22.6MAdd +0.2%
CNX RESOURCES CORP (CNX 2.25 05/01/26) NOTE 2.250% 5/0 · principal 7,976,000$20.0MAdd +0.9%
AXON ENTERPRISE INC (AXON 0.5 12/15/27) NOTE 0.500%12/1 · principal 6,280,000$19.7MReduce -0.1%
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) NOTE 3.125% 1/1 · principal 10,564,000$17.1MAdd +74.7%
MICROCHIP TECHNOLOGY INC (MCHP 1.625 02/15/27) NOTE 1.625% 2/1 · principal 9,096,000$16.7MAdd +0.8%
BOX INC (BOX 0 01/15/26) NOTE 1/1 · principal 11,302,000$14.1MNo change
INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) NOTE 2.125% 2/1 · principal 10,405,000$13.6MAdd +1.9%
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 449,311$11.4MAdd +666.8%
M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) NOTE 0.250% 3/1 · principal 7,174,000$10.9MNo change
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal 3,537,000$10.0MNew
WORKIVA INC (WK 1.125 08/15/26) NOTE 1.125% 8/1 · principal 8,170,000$9.6MReduce -5.8%
POST HOLDINGS INC (POST 2.5 08/15/27) NOTE 2.500% 8/1 · principal 8,390,000$9.4MAdd +2.5%
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal 6,696,000$8.6MAdd +4.9%
SPOTIFY USA INC (SPOT 0 03/15/26) NOTE 3/1 · principal 6,091,000$8.3MAdd +21.5%
RGTIW Rigetti Computing -CW27 *W EXP 03/02/202 449,224$8.2MAdd +263.5%
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal 5,142,000$7.2MAdd +1.8%
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal 6,044,000$6.6MReduce -29.2%
PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) NOTE 1.000% 4/1 · principal 6,606,000$6.6MNo change
WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) NOTE 3.250% 6/1 · principal 5,000,000$6.4MNew
SOUTHERN CO (SO 3.875 12/15/25) NOTE 3.875%12/1 · principal 4,747,000$5.4MAdd +395.0%
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal 3,000,000$4.9MNew
PORCH GROUP INC (PRCH 9 05/15/30) DEBT 9.000% 5/1 · principal 3,000,000$4.5MNew
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal 4,058,000$4.1MReduce -27.3%
EPR PROPERTIES (EPR 5.75 PERP C) PFD C CV 5.75% 142,350$3.6MAdd +5.1%
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) NOTE 4.250% 8/1 · principal 3,000,000$3.3MNew
WISDOMTREE INC (WT 3.25 08/15/29) NOTE 3.250% 8/1 · principal 2,500,000$3.3MNew
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal 2,782,000$2.8MAdd +11.3%
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) NOTE 3.625% 6/1 · principal 2,541,000$2.5MAdd +1.4%
CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) 6.75DP CNV PFD B 33,343$2.4MNew
CORZW Core Scientific Inc. - 27 *W EXP 01/23/202 192,550$2.2MReduce -1.0%
ITRON INC (ITRI 0 03/15/26) NOTE 3/1 · principal 1,513,000$1.6MAdd +0.9%
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal 1,451,000$1.6MAdd +0.8%
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal 757,000$1.0MAdd +1477.1%
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) NOTE 2.250% 8/1 · principal 719,000$955KNew
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) NOTE 2.875% 3/1 · principal 606,000$692KNew
EVERGY INC (EVRG 4.5 12/15/27) NOTE 4.500%12/1 · principal 505,000$635KNew
EPR PROPERTIES (EPR 9 PERP E) CONV PFD 9% SR E 18,417$589KAdd +12.7%
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 7,399$516KNew
NEOVW Neovolta Inc. -CW27 *W EXP 04/01/202 249,740$499KAdd +5.2%
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal 331,000$487KAdd +903.0%
NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) NOTE 3.000% 3/0 · principal 394,000$466KNew
NOBLE CORP PLC-28 *W EXP 02/04/202 47,198$385KAdd +63.4%
GCMGW GCM Grosvenor Inc. A -CW25 *W EXP 11/17/202 592,488$354KAdd +28.4%
IMAX CORP (IMAX 0.5 04/01/26) NOTE 0.500% 4/0 · principal 277,000$327KNew
USA RARE EARTH INC *W EXP 03/13/203 44,000$318KAdd +45.6%
MOBBW Mobilicom Ltd. -27 *W EXP 08/31/202 64,922$282KAdd +276.5%
JOBY.WS Joby Aviation Inc. -CW25 *W EXP 08/10/202 45,818$275KAdd +25.1%
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 3,873$273KNew
OPFI.WS Oppfi Inc. -CW26 *W EXP 07/20/202 112,553$253KNo change
IAUX.WS I-80 Gold Corp. -26 *W EXP 11/16/202 289,852$130KNew
BIVIW Biovie Inc. -30 *W EXP 08/08/203 281,483$125KNew
AMPX.WS Amprius Technologies Inc. *W EXP 09/14/202 29,000$106KNew
DAICW Cid Holdco Inc. -26 *W EXP 12/31/202 377,800$58KReduce -12.7%
NXGLW Nexgel Inc. -CW26 *W EXP 12/27/202 166,860$50KReduce -9.6%
USGOW US Goldmining Inc.-28 *W EXP 99/99/999 29,217$49KAdd +24.5%
LVWR.WS Livewire Group Inc.-27 *W EXP 09/26/202 634,442$46KAdd +0.3%
EONR.WS HNR Acquisition Corp. -CW23 *W EXP 11/15/202 633,940$32KReduce -0.1%
ANNAW Aleanna Inc. Class A - 29 *W EXP 12/13/202 125,382$24KReduce -20.8%
NAMMW Namib Minerals *W EXP 06/05/203 160,000$22KAdd +65.3%
FLYX.WS Eg Acquisition Corp.-A -CW28 *W EXP 99/99/999 70,000$22KReduce -67.5%
CRMLW Critical Metals Corp.-28 *W EXP 02/27/202 10,100$21KNew
MDCXW Medicus Pharma Ltd. -29 *W EXP 11/15/202 17,203$12KReduce -71.1%
MRNOW Murano Global BV-28 *W EXP 03/19/202 82,639$12KAdd +193.1%
AIRJW Power & Digital Acq -CW24 *W EXP 03/15/202 14,800$12KNo change
FGMCR FG Merger II Corp. RIGHT 02/11/2030 15,200$6KNo change
BNCWW Cea Industries Inc. -CW27 *W EXP 02/11/202 35,000$6KReduce -35.3%
TGE.WS Generation Essentials - 30 *W EXP 02/15/202 42,664$6KAdd +172.8%
SWAGW Stran & Co. -CW26 *W EXP 99/99/999 66,371$4KReduce -60.7%
ORIQW Origin Investment Corp. I -30 *W EXP 06/27/203 20,937$4KNew
SVREW Saverone 2014 Ltd. -CW27 *W EXP 06/02/202 125,826$3KReduce -7.7%
HUBCW Hub Cyber Security Ltd.-28 *W EXP 02/27/202 162,771$3KNo change
BTBDW BT Brands Inc. -CW26 *W EXP 11/12/202 10,000$3KReduce -91.5%
AERTW Aeries Technology Inc. -CW23 *W EXP 11/06/202 70,787$3KReduce -25.5%
PIIIW P3 Health Partne -CW27 *W EXP 11/19/202 292,107$3KNo change
APLMW Apollomics Inc.-27 *W EXP 04/01/202 87,049$2KReduce -44.9%
NEXTPLAT CORP *W EXP 06/02/202 34,060$2KNo change
ILLRW Agba Acquisition Ltd. -CW24 *W EXP 11/14/202 30,450$2KReduce -50.0%
RNWWW Renew Energy Global -CW26 *W EXP 08/21/202 31,092$1KReduce -79.5%
SMXWW SMX Security Matters PLC-28 *W EXP 03/07/202 57,750$1KNo change
CRPWF Carbon Revolution PLC *W EXP 99/99/999 46,472$1KReduce -47.6%
ANGHW Anghami Inc. -CW27 *W EXP 02/03/202 40,409$546No change

Total filed on the 13F, all lines: $356.5M.

Portfolio Sells Q2 2025 → Q3 2025
PARAA Paramount Global Class B Sold out 0.00% −10.94
VCIC Vine Hill Capital Class A Sold out 0.00% −3.72
GBTC Grayscale Bitcoin Trust ETF Sold out 0.00% −1.80
BULL Webull Corp. Sold out 0.00% −1.52
XRPNU Armada Acquisition Corp. II Sold out 0.00% −1.30
KRE SS SPDR S&P Regional Bank Sold out 0.00% −0.97
ALPHATIME ACQUISITION CORP Sold out 0.00% −0.94
TAVI Tavia Acquisition Corp. Reduce -0.1% 3.99% −0.68
KCHV Kochav Defense Acquisition-A Reduce -1.3% 2.78% −0.60
TDAC Translational Development Ac Reduce -1.3% 2.73% −0.52
FSHP Flag Ship Acquisition Corp. Sold out 0.00% −0.44
TVA Texas Ventures Acquisition-A Sold out 0.00% −0.43
KVACF Keen Vision Acquisition Corp. Reduce -0.0% 1.92% −0.30
OAKU Oak Woods Acquisition Corp. Class A Reduce -0.3% 1.78% −0.28
PROP Prairie Operating Co. Sold out 0.00% −0.23
CCAQ Collective Acquisition Corp. Reduce -1.3% 1.07% −0.20
HURA Tuhura Biosciences Inc. Sold out 0.00% −0.19
WTG Wintergreen Acquisition Corp. Reduce -0.1% 0.87% −0.16
BIOMX INC Sold out 0.00% −0.15
STARDUST PWR INC Sold out 0.00% −0.15
NEUROONE MED TECHNOLOGIES CO Sold out 0.00% −0.12
PMNT Perfect Moment Ltd. Sold out 0.00% −0.09
REVIVA PHARMACEUTCLS HLDGS I Sold out 0.00% −0.08
INTS Intensity Therapeutics Inc. Reduce -12.3% 0.05% −0.04
EONR Eon Resources Inc. Reduce -8.1% 0.11% +0.01
STXS Stereotaxis Inc. Reduce -12.6% 11.82% +1.01

Portfolio Buys Q2 2025 → Q3 2025
BCAR D. Boral Arc Acquisit Class A New 4.99% +4.99
VNME Vendome Acquisition Corp. Class A New 4.95% +4.95
ORIQ Origin Investment Corp. I New 3.02% +3.02
TLNCU Talon Capital Corp. New 2.17% +2.17
INAC Indigo Acquisition Corp. New 1.60% +1.60
OTGAU Otg Acquisition Corp. I New 1.59% +1.59
QUMSU Quantumsphere Acquisition Co. New 1.51% +1.51
GTERA Globa Terra Acquisition Co. Class A New 1.30% +1.30
MKLYU McKinley Acquisition Corp. New 1.26% +1.26
MSTR Strategy Inc. New 1.16% +1.16
APACU Stonebridge Acquisition II C New 0.98% +0.98
SOCA Solarius Capital Acquis Class A New 0.90% +0.90
ENHA Enhanced Group Inc. New 0.89% +0.89
VXX Ipath Series B S&P 500 Vix New 0.83% +0.83
BDCIU BTC Development Corp. New 0.69% +0.69
BRR Columbus Circle Capital Co. Class A New 0.67% +0.67
CAPN Cayson Acquisition Corp. New 0.65% +0.65
KOYN CSLM Digital Asset Acqu - A New 0.56% +0.56
DFSC Defsec Technologies Inc. New 0.37% +0.37
STRIVE INC New 0.36% +0.36
CHECU Chenghe Acquisition III Co. New 0.36% +0.36
SNYRQ Synergy CHC Corp. New 0.29% +0.29
CRIS Curis Inc. New 0.26% +0.26
INTELLIGENT BIO SOLUTIONS IN New 0.16% +0.16
MODULAR MED INC New 0.11% +0.11
CLDI Calidi Biotherapeutics Inc. New 0.10% +0.10
RNTX Rein Therapeutics Inc. New 0.05% +0.05
AUTONOMIX MED INC New 0.04% +0.04
VEEA INC New 0.04% +0.04
EURK Eureka Acquisition Corp. Add +2.6% 0.61% −0.08
NEN New England Realty Assoc-LP Add +6.4% 2.97% −0.36

Options Activity Q2 2025 → Q3 2025
STATE STR SPDR S&P 500 ETF T put Add +33.6% 294,000 $195.9M
INVESCO QQQ TR put Reduce -46.3% 51,000 $30.6M
MICROSOFT CORP call Sold out 14,000 $7.0Mbefore exit
PALANTIR TECHNOLOGIES INC put Reduce -25.5% 35,000 $6.4M
ISHARES TR put Add +200.0% 60,000 $5.4M
CANTALOUPE INC put Add +186.9% 276,300 $2.9M
ISHARES TR put New 30,000 $2.4M
ISHARES BITCOIN TRUST ETF put Add +28.0% 32,000 $2.1M
NVIDIA CORPORATION call New 10,000 $1.9M
NVIDIA CORPORATION put New 10,000 $1.9M
MICRON TECHNOLOGY INC call Sold out 15,000 $1.8Mbefore exit
ROBINHOOD MKTS INC put Sold out 19,000 $1.8Mbefore exit
VANECK ETF TRUST call Add +110.0% 21,000 $1.6M
CENTRUS ENERGY CORP put New 5,000 $1.6M
COREWEAVE INC put Sold out 9,000 $1.5Mbefore exit
PARAMOUNT GLOBAL call Sold out 93,500 $1.2Mbefore exit
RIGETTI COMPUTING INC put New 39,800 $1.2M
SELECT SECTOR SPDR TR put Sold out 20,000 $1.0Mbefore exit
MICROSOFT CORP put Reduce -75.0% 2,000 $1.0M
ROBINHOOD MKTS INC call New 7,000 $1.0M
ISHARES SILVER TR call Reduce -66.7% 20,000 $847K
INNOVATIVE INDL PPTYS INC put Add +7.9% 15,000 $804K
CANTALOUPE INC call Sold out 69,200 $761Kbefore exit
CARVANA CO put Reduce -75.0% 2,000 $754K
TIDAL TRUST I put New 30,000 $750K
PG&E CORP call Reduce -51.0% 49,000 $739K
CONSTELLATION BRANDS INC put New 5,000 $673K
CIRCLE INTERNET GROUP INC put Reduce -37.5% 5,000 $663K
STRATEGY INC put New 2,000 $644K
NUSCALE PWR CORP put New 17,000 $612K
SOLENO THERAPEUTICS INC put New 9,000 $608K
OCCIDENTAL PETE CORP call Sold out 14,000 $588Kbefore exit
OKLO INC put New 5,000 $558K
CANTOR EQUITY PARTNERS INC put Sold out 17,800 $495Kbefore exit
STARBUCKS CORP put Sold out 5,000 $458Kbefore exit
IONQ INC put New 7,000 $431K
HIMS & HERS HEALTH INC put Sold out 8,000 $399Kbefore exit
AEVA TECHNOLOGIES INC put Sold out 10,000 $378Kbefore exit
ACM RESH INC call Reduce -44.8% 9,000 $352K
OKLO INC call New 3,000 $335K
BARCLAYS BANK PLC call Sold out 6,000 $288Kbefore exit
NEXTNAV INC call Sold out 17,000 $258Kbefore exit
PRAIRIE OPER CO call Reduce -18.5% 114,100 $226K
GAMESTOP CORP call Sold out 8,400 $205Kbefore exit
OPENDOOR TECHNOLOGIES INC put New 20,000 $159K
RICHTECH ROBOTICS INC put New 30,000 $129K
BORR DRILLING LTD call New 18,500 $50K
CINEVERSE CORP put New 12,000 $40K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q2 2025 → Q3 2025
NRG ENERGY INC (NRG 2.75 06/01/48) DBCV 2.750% 6/0 · principal Sold out 8,370,000 $32.8Mbefore exit
CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) NOTE 4.500% 8/1 · principal Sold out 13,000,000 $27.6Mbefore exit
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal Add +0.3% 9,091,000 $26.2M
SEA LTD (SEALTD 2.375 12/01/25) NOTE 2.375%12/0 · principal Add +50.0% 12,103,000 $23.9M
WESTERN DIGITAL CORP (WDC 3 11/15/28) NOTE 3.000%11/1 · principal Add +0.2% 7,038,000 $22.6M
CNX RESOURCES CORP (CNX 2.25 05/01/26) NOTE 2.250% 5/0 · principal Add +0.9% 7,976,000 $20.0M
AXON ENTERPRISE INC (AXON 0.5 12/15/27) NOTE 0.500%12/1 · principal Reduce -0.1% 6,280,000 $19.7M
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) NOTE 3.125% 1/1 · principal Add +74.7% 10,564,000 $17.1M
MICROCHIP TECHNOLOGY INC (MCHP 1.625 02/15/27) NOTE 1.625% 2/1 · principal Add +0.8% 9,096,000 $16.7M
VARONIS SYSTEM INC (VRNS 1.25 08/15/25) NOTE 1.250% 8/1 · principal Sold out 10,044,000 $16.6Mbefore exit
INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) NOTE 2.125% 2/1 · principal Add +1.9% 10,405,000 $13.6M
INSULET CORPORATION (PODD 0.375 09/01/26) NOTE 0.375% 9/0 · principal Sold out 9,000,000 $12.8Mbefore exit
PARSONS CORP (PSN 0.25 08/15/25) NOTE 0.250% 8/1 · principal Sold out 8,042,000 $12.7Mbefore exit
MIDDLEBY CORP (MIDD 1 09/01/25) NOTE 1.000% 9/0 · principal Sold out 11,113,000 $12.5Mbefore exit
GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) NOTE 3.750% 5/1 · principal Sold out 5,900,000 $12.3Mbefore exit
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 Add +666.8% 449,311 $11.4M
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal New 3,537,000 $10.0M
WORKIVA INC (WK 1.125 08/15/26) NOTE 1.125% 8/1 · principal Reduce -5.8% 8,170,000 $9.6M
POST HOLDINGS INC (POST 2.5 08/15/27) NOTE 2.500% 8/1 · principal Add +2.5% 8,390,000 $9.4M
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal Add +4.9% 6,696,000 $8.6M
SPOTIFY USA INC (SPOT 0 03/15/26) NOTE 3/1 · principal Add +21.5% 6,091,000 $8.3M
RGTIW Rigetti Computing -CW27 *W EXP 03/02/202 Add +263.5% 449,224 $8.2M
INTERDIGITAL INC (IDCC 3.5 06/01/27) NOTE 3.500% 6/0 · principal Sold out 2,632,000 $7.7Mbefore exit
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal Add +1.8% 5,142,000 $7.2M
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal Reduce -29.2% 6,044,000 $6.6M
WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) NOTE 3.250% 6/1 · principal New 5,000,000 $6.4M
SOUTHERN CO (SO 3.875 12/15/25) NOTE 3.875%12/1 · principal Add +395.0% 4,747,000 $5.4M
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal New 3,000,000 $4.9M
PORCH GROUP INC (PRCH 9 05/15/30) DEBT 9.000% 5/1 · principal New 3,000,000 $4.5M
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal Reduce -27.3% 4,058,000 $4.1M
EPR PROPERTIES (EPR 5.75 PERP C) PFD C CV 5.75% Add +5.1% 142,350 $3.6M
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) NOTE 4.250% 8/1 · principal New 3,000,000 $3.3M
WISDOMTREE INC (WT 3.25 08/15/29) NOTE 3.250% 8/1 · principal New 2,500,000 $3.3M
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal Add +11.3% 2,782,000 $2.8M
SHOPIFY INC (SHOPCN 0.125 11/01/25) NOTE 0.125%11/0 · principal Sold out 2,511,000 $2.6Mbefore exit
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) NOTE 3.625% 6/1 · principal Add +1.4% 2,541,000 $2.5M
CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) 6.75DP CNV PFD B New 33,343 $2.4M
CORZW Core Scientific Inc. - 27 *W EXP 01/23/202 Reduce -1.0% 192,550 $2.2M
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) NOTE 2.000% 6/1 · principal Sold out 2,035,000 $2.1Mbefore exit
ITRON INC (ITRI 0 03/15/26) NOTE 3/1 · principal Add +0.9% 1,513,000 $1.6M
SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) NOTE 12/1 · principal Sold out 1,235,000 $1.6Mbefore exit
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal Add +0.8% 1,451,000 $1.6M
EXEEL Chesapeake Energy Corp. -CW26 *W EXP 02/09/202 Sold out 11,257 $1.2Mbefore exit
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal Add +1477.1% 757,000 $1.0M
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) NOTE 2.250% 8/1 · principal New 719,000 $955K
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) NOTE 2.875% 3/1 · principal New 606,000 $692K
EVERGY INC (EVRG 4.5 12/15/27) NOTE 4.500%12/1 · principal New 505,000 $635K
AVPTW Avepoint Inc.-CW24 *W EXP 09/18/202 Sold out 80,602 $626Kbefore exit
EPR PROPERTIES (EPR 9 PERP E) CONV PFD 9% SR E Add +12.7% 18,417 $589K
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A New 7,399 $516K

Showing the first 50 of 101.

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 69$60.6MNN, CLM, STXS, FGII, XSLL
Q1 2026 90$48.6MCLM, STXS, XLE, QQQ, SGOV
Q4 2025 80$31.4MSTXS, VNME, BCAR, NEN, TAVI
Q3 2025 68$27.8MSTXS, BCAR, VNME, TAVI, CHAR
Q2 2025 55$23.6MPARAA, STXS, TAVI, CHAR, DMAA
Q1 2025 58$23.6MQQQ, SGOV, TAVI, CHAR, DMAA
Q4 2024 56$25.4MICSH, QQQ, TAVI, CHAR, SHV
Q3 2024 60$24.4MSGOV, VCICU, GBTC, CLRCF, BELLEVUE LIFE SCNCS AQSTN CO
Q2 2024 65$20.9MSHV, NEN, BLUAF, AOGO, CLRCF
Q1 2024 60$21.4MSTXS, GBIL, NEN, CLRCF, ACAC