Weiss Asset Management LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Weiss Asset Management LP reported 492 stock positions worth $5.5 billion. Its top holding was Nvidia (NVDA) at 22.4% of the portfolio, followed by iShares Bitcoin Trust ETF (IBIT, 7.0%) and Avidity Biosciences (RNAM, 2.8%). Compared with Q3 2025, it opened 312 new positions, sold out of 340, added to 90 and reduced 79. The biggest buy was Nvidia (NVDA, shares +14%) and the biggest sale Strategy (MSTR, shares −29%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001357550
- Portfolio Value
- $5.5B (Q4 2025)
- SEC Filing
- 0001357550-26-000011 ↗ filed Feb 17, 2026
Holdings Value
Holdings 492 stocks · $5.5B
| NVDA Nvidia Corp. | 22.37% | 6,642,294 | $1.2B | Add +13.6% |
| IBIT iShares Bitcoin Trust ETF | 7.00% | 7,801,983 | $387.4M | Reduce -22.4% |
| RNAM Avidity Biosciences Inc. | 2.82% | 2,161,093 | $155.9M | New |
| MSTR Strategy Inc. | 2.71% | 985,720 | $149.8M | Reduce -29.0% |
| TBPH Theravance Biopharma Inc. | 2.52% | 7,457,060 | $139.5M | No change |
| CYBR Cyberark Software Ltd./Israel | 1.82% | 226,302 | $100.9M | Reduce -11.8% |
| AVDL Avadel Pharmaceuticals Ltd. | 1.76% | 4,515,114 | $97.3M | New |
| EXAS Exact Sciences Corp. | 1.56% | 848,700 | $86.2M | Add +802.9% |
| KVUE Kenvue Inc. | 1.52% | 4,879,739 | $84.2M | Add +1589.6% |
| ADP Automatic Data Processing | 1.49% | 320,605 | $82.5M | New |
| LIN Linde PLC | 1.15% | 148,874 | $63.5M | New |
| EQIX Equinix Inc. | 1.01% | 72,819 | $55.8M | New |
| PFG Principal Financial Group | 0.97% | 608,926 | $53.7M | Add +597.5% |
| THS Treehouse Foods Inc. | 0.92% | 2,167,859 | $51.1M | New |
| CDTX Cidara Therapeutics Inc. | 0.90% | 224,998 | $49.7M | New |
| ETHA iShares Ethereum Trust ETF | 0.86% | 2,122,032 | $47.6M | Reduce -73.3% |
| GILD Gilead Sciences Inc. | 0.76% | 342,666 | $42.1M | New |
| TSLA Tesla Inc. | 0.74% | 91,346 | $41.1M | Reduce -81.7% |
| ITW Illinois Tool Works | 0.73% | 163,266 | $40.2M | Add +1387.5% |
| ELV Elevance Health Inc. | 0.72% | 113,924 | $39.9M | Reduce -16.2% |
| NNE Nano Nuclear Energy Inc. | 0.69% | 1,592,018 | $38.2M | New |
| BX Blackstone Inc. | 0.68% | 244,131 | $37.6M | Add +4303.5% |
| NKE Nike Inc. Class B | 0.68% | 589,046 | $37.5M | New |
| WBD Warner Bros Discovery Inc. | 0.67% | 1,296,257 | $37.4M | Add +3847.8% |
| ACN Accenture PLC Class A | 0.64% | 131,162 | $35.2M | New |
| CNC Centene Corp. | 0.62% | 839,035 | $34.5M | Reduce -16.1% |
| CMCSA Comcast Corp. Class A | 0.61% | 1,135,875 | $34.0M | Add +3671.2% |
| ARES Ares Management Corp. Class A | 0.59% | 202,328 | $32.7M | New |
| DVN Devon Energy Corp. | 0.57% | 857,232 | $31.4M | Add +373.3% |
| COIN Coinbase Global Inc. Class A | 0.56% | 136,953 | $31.0M | Reduce -74.5% |
| CAN Canaan Inc. | 0.54% | 43,305,650 | $29.9M | New |
| HUT Hut 8 Corp. | 0.53% | 636,346 | $29.2M | Add +503.4% |
| SMCI Super Micro Computer Inc. | 0.53% | 997,615 | $29.2M | Reduce -43.8% |
| SO The Southern Co. | 0.52% | 332,693 | $29.0M | New |
| AAPL Apple Inc. | 0.51% | 104,383 | $28.4M | Add +46.2% |
| NGD New Gold Inc. | 0.49% | 3,116,057 | $27.1M | New |
| FOLD Amicus Therapeutics Inc. | 0.49% | 1,892,797 | $27.0M | New |
| MLM Martin Marietta Materials | 0.47% | 41,668 | $25.9M | New |
| BMNR Bitmine Immersion Technologi | 0.46% | 933,617 | $25.3M | New |
| APD Air Products & Chemicals Inc. | 0.45% | 101,001 | $24.9M | New |
| COO The Cooper Cos Inc. | 0.44% | 294,582 | $24.1M | Add +88.8% |
| PG The Procter & Gamble Co. | 0.44% | 168,235 | $24.1M | New |
| CTVA Corteva Inc. | 0.43% | 354,178 | $23.7M | Add +6097.3% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.42% | 610,269 | $23.2M | New |
| SUNC Sunococorp LLC | 0.42% | 466,440 | $23.0M | New |
| A Agilent Technologies Inc. | 0.42% | 168,925 | $23.0M | New |
| SBET Sharplink Inc. | 0.41% | 2,554,301 | $22.8M | Add +220.0% |
| LKQ LKQ Corp. | 0.41% | 748,848 | $22.6M | Add +1394.3% |
| MOH Molina Healthcare Inc. | 0.40% | 126,385 | $21.9M | Add +88.6% |
| GOOG Alphabet Inc. Class C | 0.39% | 67,966 | $21.3M | Reduce -62.6% |
| JNJ Johnson & Johnson | 0.38% | 102,067 | $21.1M | New |
| NEM Newmont Corp. | 0.38% | 211,228 | $21.1M | Reduce -30.2% |
| PLD Prologis Inc. | 0.37% | 160,676 | $20.5M | Add +60.1% |
| SW Smurfit Westrock PLC | 0.37% | 526,730 | $20.4M | New |
| NWAX.U New America Acquisition I Co. | 0.35% | 1,886,812 | $19.6M | New |
| SHW The Sherwin-Williams Co. | 0.35% | 59,800 | $19.4M | New |
| KTOS Kratos Defense & Security | 0.34% | 249,546 | $18.9M | Add +67.8% |
| LPLA LPL Financial Holdings Inc. | 0.34% | 52,206 | $18.6M | New |
| CHRD Chord Energy Corp. | 0.33% | 199,953 | $18.5M | New |
| FCX Freeport-McMoran Inc. | 0.33% | 359,500 | $18.3M | New |
| IP International Paper Co. | 0.32% | 451,123 | $17.8M | New |
| ECL Ecolab Inc. | 0.32% | 66,600 | $17.5M | New |
| RKLB Rocket Lab Corp. | 0.31% | 245,667 | $17.1M | New |
| FN Fabrinet | 0.31% | 37,620 | $17.1M | New |
| HL Hecla Mining Co. | 0.29% | 846,060 | $16.2M | New |
| QCOM Qualcomm Inc. | 0.29% | 93,572 | $16.0M | New |
| VMC Vulcan Materials Co. | 0.29% | 56,000 | $16.0M | New |
| OMC Omnicom Group | 0.29% | 197,300 | $15.9M | Reduce -72.3% |
| NUE Nucor Corp. | 0.29% | 96,800 | $15.8M | New |
| MOS The Mosaic Co. | 0.28% | 654,408 | $15.8M | New |
| ALL Allstate Corp. | 0.28% | 74,635 | $15.5M | Add +69.8% |
| SITC Site Centers Corp. filed as SITE CTRS CORP | 0.28% | 2,406,321 | $15.4M | Reduce -22.3% |
| EMN Eastman Chemical Co. | 0.28% | 239,400 | $15.3M | Add +1309.9% |
| FDX FedEx Corp. | 0.27% | 52,305 | $15.1M | Add +159.8% |
| CHRW C.H. Robinson Worldwide Inc. | 0.27% | 92,350 | $14.8M | Add +1405.5% |
| SOXX iShares Semiconductor ETF | 0.25% | 46,567 | $14.0M | New |
| ATI Ati Inc. | 0.25% | 119,031 | $13.7M | Add +1062.3% |
| WFC Wells Fargo & Co. | 0.24% | 141,569 | $13.2M | Add +14.4% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.24% | 468,936 | $13.2M | Add +47.7% |
| BWXT BWX Technologies Inc. | 0.24% | 76,073 | $13.1M | Add +186.3% |
| ELAN Elanco Animal Health Inc. | 0.24% | 580,943 | $13.1M | Add +1338.7% |
| STLD Steel Dynamics Inc. | 0.23% | 74,400 | $12.6M | New |
| FTI Technipfmc PLC | 0.23% | 281,382 | $12.5M | Add +335.4% |
| AVGO Broadcom Inc. | 0.23% | 36,105 | $12.5M | Reduce -77.4% |
| VEEV Veeva Systems Inc. Class A | 0.22% | 55,330 | $12.4M | New |
| PPG PPG Industries Inc. | 0.22% | 119,600 | $12.3M | New |
| SMLR Semler Scientific Inc. | 0.22% | 801,086 | $12.2M | Add +286.3% |
| ENTG Entegris Inc. | 0.21% | 141,149 | $11.9M | Add +440.2% |
| C Citigroup Inc. | 0.20% | 95,319 | $11.1M | Add +107.0% |
| AEP American Electric Power | 0.20% | 95,782 | $11.0M | New |
| CCK Crown Holdings Inc. | 0.20% | 105,067 | $10.8M | New |
| GDOT Green Dot Corp. Class A | 0.20% | 843,152 | $10.8M | New |
| WDC Western Digital Corp. | 0.19% | 60,510 | $10.4M | Add +400.5% |
| BALL Ball Corp. | 0.19% | 194,568 | $10.3M | Add +56.8% |
| PSX Phillips 66 | 0.19% | 79,684 | $10.3M | New |
| GM General Motors Co. | 0.19% | 126,165 | $10.3M | New |
| ALB Albemarle Corp. | 0.18% | 71,348 | $10.1M | Add +1444.3% |
| MDLZ Mondelez International Inc. Class A | 0.18% | 184,326 | $9.9M | New |
| BIIB Biogen Inc. | 0.18% | 55,560 | $9.8M | New |
| EXPE Expedia Group Inc. | 0.18% | 34,485 | $9.8M | New |
Options reported separately and not counted above: MSTR puts ($322.3M), MPT puts ($39.7M), SPY puts ($31.7M), GOOGL puts ($21.9M), META puts ($19.8M), ENPH puts ($16.0M), MSFT puts ($14.5M), AAL puts ($11.8M), VG puts ($11.0M), ETHA puts ($11.0M), VZ puts ($8.1M), SOC puts ($6.3M), and 3 more.
Other holdings (59): bonds, preferreds, convertibles and warrants · $1.5B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 59,897,000 | $247.3M | Reduce -0.3% |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 149,213,000 | $175.1M | Add +56.6% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 129,000,000 | $134.7M | New |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 111,079,000 | $99.4M | Reduce -19.3% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 50,624,000 | $95.6M | Reduce -25.1% |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 60,390,000 | $85.6M | New |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 84,105,000 | $83.6M | Add +13.5% |
| SUNRUN INC (RUN 4 03/01/30) | NOTE 4.000% 3/0 · principal | 56,977,000 | $80.8M | Reduce -23.0% |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 52,930,000 | $57.3M | Add +134.4% |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 42,350,000 | $57.2M | No change |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 47,043,000 | $54.6M | Reduce -24.2% |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 53,010,000 | $49.2M | Add +38.1% |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | 50,862,000 | $41.9M | New |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | 1,626,702 | $36.9M | Add +134.3% |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 28,642,000 | $27.6M | Reduce -32.8% |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 20,000,000 | $25.4M | New |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 19,321,000 | $22.1M | New |
| SOUTHERN CO (SO 7.125 12/15/28 A) | UNIT 12/15/2028 | 368,563 | $18.3M | New |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | 16,189,000 | $15.6M | New |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | 10,000,000 | $10.9M | Reduce -20.0% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 10,000,000 | $10.9M | New |
| KOSMOS ENERGY LTD (KOS 3.125 03/15/30) | NOTE 3.125% 3/1 · principal | 23,100,000 | $10.0M | No change |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 10,000,000 | $9.6M | New |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 75,553 | $9.6M | Reduce -31.7% |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | 315,553 | $9.5M | Add +7.1% |
| LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) | NOTE 1.750% 1/1 · principal | 10,000,000 | $9.1M | Reduce -36.0% |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 5,720,000 | $6.2M | New |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 714,154 | $6.0M | No change |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 5,000,000 | $5.9M | New |
| CLEANSPARK INC (CLSK 0 06/15/30) | NOTE 6/1 · principal | 5,000,000 | $5.2M | New |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 1,573,779 | $4.2M | No change |
| DYNAVAX TECHNOLOGIES CORP | DEBT 2.000% 3/1 · principal | 4,000,000 | $4.2M | New |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 2,500,000 | $2.5M | New |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | 1,466,000 | $1.5M | Reduce -77.2% |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 240,000 | $1.1M | No change |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | 533,675 | $611K | No change |
| AUROW Aurora Innovation Inc. -CW28 | *W EXP 11/03/202 | 860,408 | $196K | No change |
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 148,029 | $129K | No change |
| BCSS.WS Bain Capital GSS Investment | *W EXP 01/01/202 | 187,424 | $122K | Reduce -14.8% |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | 213,794 | $97K | New |
| DFDVW Defi Development Corp. | *W EXP 01/21/202 | 59,998 | $91K | New |
| HOVRW Pono Capital Three Inc.-A-28 | *W EXP 02/14/202 | 275,000 | $88K | No change |
| LATAW Galata Acquisition Corp. - 30 | *W EXP 09/12/203 | 193,928 | $73K | New |
| RAC.WS Rithm Acquisition Corp. - 30 | *W EXP 99/99/999 | 120,646 | $72K | No change |
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | 73,640 | $69K | No change |
| SBCWW Pono Capital Two Inc. -27 | *W EXP 09/17/202 | 229,192 | $53K | No change |
| BLZRW Trailblazer Acqui Corp. -30 | *W EXP 09/30/203 | 98,860 | $47K | New |
| NHICW Newhold Investment Corp. - 30 | *W EXP 01/30/203 | 110,050 | $46K | Reduce -21.0% |
| OACCW Oaktree Acquisition III -31 | *W EXP 09/01/203 | 64,860 | $46K | New |
| CCIIW Cohen Circle Acq II -30 | *W EXP 07/01/203 | 55,544 | $39K | New |
| RTACW Renatus Tactical Acqu - 30 | *W EXP 05/15/203 | 45,881 | $37K | New |
| HCMAW HCM III Acquisition Corp. -30 | *W EXP 07/23/203 | 60,391 | $29K | Reduce -54.7% |
| DNMXW Dynamix Corp. III | *W EXP 10/10/203 | 76,300 | $26K | New |
| ALDFW Aldel Financial II Inc. - 29 | *W EXP 09/26/203 | 51,194 | $21K | Reduce -81.2% |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 175,385 | $20K | Reduce -45.1% |
| TALKW Hudson Executive Inv -CW25 | *W EXP 06/21/202 | 1,000,000 | $15K | No change |
| CPTWF Captivision Inc.-28 | *W EXP 11/15/202 | 295,892 | $4K | No change |
| ORGNW Origin Materials -CW26 | *W EXP 06/25/202 | 888,494 | $3K | No change |
| SWVLW Pivotal Holdings Corp. -CW27 | *W EXP 99/99/999 | 131,100 | $996 | No change |
Total filed on the 13F, all lines: $7.1B.
Portfolio Sells Q3 2025 → Q4 2025
| MSTR Strategy Inc. | Reduce -29.0% | 2.71% | −5.25 |
| IBIT iShares Bitcoin Trust ETF | Reduce -22.4% | 7.00% | −4.63 |
| K Kellanova | Sold out | 0.00% | −4.60 |
| ETHA iShares Ethereum Trust ETF | Reduce -73.3% | 0.86% | −3.59 |
| TSLA Tesla Inc. | Reduce -81.7% | 0.74% | −3.21 |
| COIN Coinbase Global Inc. Class A | Reduce -74.5% | 0.56% | −2.67 |
| CRCL Circle Internet Group Inc. | Reduce -96.3% | 0.04% | −1.61 |
| SMCI Super Micro Computer Inc. | Reduce -43.8% | 0.53% | −0.99 |
| COP Conocophillips | Sold out | 0.00% | −0.77 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.75 |
| OMC Omnicom Group | Reduce -72.3% | 0.29% | −0.75 |
| AVGO Broadcom Inc. | Reduce -77.4% | 0.23% | −0.71 |
| SLMT Brera Holdings PLC Class B | Reduce -75.3% | 0.01% | −0.60 |
| APH Amphenol Corp. Class A | Reduce -97.2% | 0.02% | −0.55 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.52 |
| ZK Zeekr Intelligent Techno-ADR | Sold out | 0.00% | −0.50 |
| AKRO Akero Therapeutics Inc. | Sold out | 0.00% | −0.41 |
| GOOG Alphabet Inc. Class C | Reduce -62.6% | 0.39% | −0.40 |
| CYBR Cyberark Software Ltd./Israel | Reduce -11.8% | 1.82% | −0.38 |
| ETNB 89BIO Inc. | Sold out | 0.00% | −0.37 |
| STRIVE INC | Sold out | 0.00% | −0.35 |
| IR Ingersoll-Rand Inc. | Sold out | 0.00% | −0.34 |
| MSFT Microsoft Corp. | Reduce -64.8% | 0.17% | −0.34 |
| VST Vistra Corp. | Sold out | 0.00% | −0.32 |
| ANET Arista Networks Inc. | Reduce -92.8% | 0.02% | −0.32 |
| LSCC Lattice Semiconductor Corp. | Sold out | 0.00% | −0.31 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.31 |
| FE Firstenergy Corp. | Sold out | 0.00% | −0.29 |
| WEC WEC Energy Group Inc. | Reduce -93.7% | 0.02% | −0.29 |
| SCPH Scpharmaceuticals Inc. | Sold out | 0.00% | −0.29 |
| RPRX Royalty Pharma PLC Class A | Sold out | 0.00% | −0.29 |
| AEM Agnico Eagle Mines Ltd. | Sold out | 0.00% | −0.28 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.27 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.25 |
| INVA Innoviva Inc. | Sold out | 0.00% | −0.25 |
| MKSI MKS Inc. | Sold out | 0.00% | −0.24 |
| MRUS Merus NV | Sold out | 0.00% | −0.24 |
| DEFT Defi Technologies Inc. | Reduce -12.5% | 0.11% | −0.23 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.22 |
| WPM Wheaton Precious Metals Corp. | Sold out | 0.00% | −0.22 |
| MU Micron Technology Inc. | Reduce -77.0% | 0.15% | −0.22 |
| SITC Site Centers Corp. | Reduce -22.3% | 0.28% | −0.22 |
| KMI Kinder Morgan Inc. | Reduce -91.0% | 0.02% | −0.22 |
| B Barrick Mining Corp. | Sold out | 0.00% | −0.21 |
| O Realty Income Corp. | Sold out | 0.00% | −0.21 |
| P Everpure Inc. Class A | Sold out | 0.00% | −0.20 |
| CCL Carnival Corp. | Sold out | 0.00% | −0.20 |
| BCSS.U Bain Capital GSS Investment | Sold out | 0.00% | −0.20 |
| SOFI Sofi Technologies Inc. | Reduce -93.8% | 0.01% | −0.19 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.19 |
Portfolio Buys Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | Add +13.6% | 22.37% | +2.96 |
| RNAM Avidity Biosciences Inc. | New | 2.82% | +2.82 |
| AVDL Avadel Pharmaceuticals Ltd. | New | 1.76% | +1.76 |
| ADP Automatic Data Processing | New | 1.49% | +1.49 |
| EXAS Exact Sciences Corp. | Add +802.9% | 1.56% | +1.47 |
| KVUE Kenvue Inc. | Add +1589.6% | 1.52% | +1.44 |
| LIN Linde PLC | New | 1.15% | +1.15 |
| EQIX Equinix Inc. | New | 1.01% | +1.01 |
| THS Treehouse Foods Inc. | New | 0.92% | +0.92 |
| CDTX Cidara Therapeutics Inc. | New | 0.90% | +0.90 |
| PFG Principal Financial Group | Add +597.5% | 0.97% | +0.84 |
| GILD Gilead Sciences Inc. | New | 0.76% | +0.76 |
| NNE Nano Nuclear Energy Inc. | New | 0.69% | +0.69 |
| NKE Nike Inc. Class B | New | 0.68% | +0.68 |
| ITW Illinois Tool Works | Add +1387.5% | 0.73% | +0.68 |
| WBD Warner Bros Discovery Inc. | Add +3847.8% | 0.67% | +0.66 |
| BX Blackstone Inc. | Add +4303.5% | 0.68% | +0.66 |
| ACN Accenture PLC Class A | New | 0.64% | +0.64 |
| CMCSA Comcast Corp. Class A | Add +3671.2% | 0.61% | +0.60 |
| ARES Ares Management Corp. Class A | New | 0.59% | +0.59 |
| CAN Canaan Inc. | New | 0.54% | +0.54 |
| SO The Southern Co. | New | 0.52% | +0.52 |
| NGD New Gold Inc. | New | 0.49% | +0.49 |
| FOLD Amicus Therapeutics Inc. | New | 0.49% | +0.49 |
| MLM Martin Marietta Materials | New | 0.47% | +0.47 |
| HUT Hut 8 Corp. | Add +503.4% | 0.53% | +0.46 |
| BMNR Bitmine Immersion Technologi | New | 0.46% | +0.46 |
| DVN Devon Energy Corp. | Add +373.3% | 0.57% | +0.45 |
| APD Air Products & Chemicals Inc. | New | 0.45% | +0.45 |
| PG The Procter & Gamble Co. | New | 0.44% | +0.44 |
| CTVA Corteva Inc. | Add +6097.3% | 0.43% | +0.42 |
| TTD Trade Desk Inc./the Class A | New | 0.42% | +0.42 |
| SUNC Sunococorp LLC | New | 0.42% | +0.42 |
| A Agilent Technologies Inc. | New | 0.42% | +0.42 |
| JNJ Johnson & Johnson | New | 0.38% | +0.38 |
| LKQ LKQ Corp. | Add +1394.3% | 0.41% | +0.38 |
| SW Smurfit Westrock PLC | New | 0.37% | +0.37 |
| NWAX.U New America Acquisition I Co. | New | 0.35% | +0.35 |
| SHW The Sherwin-Williams Co. | New | 0.35% | +0.35 |
| LPLA LPL Financial Holdings Inc. | New | 0.34% | +0.34 |
| CHRD Chord Energy Corp. | New | 0.33% | +0.33 |
| FCX Freeport-McMoran Inc. | New | 0.33% | +0.33 |
| IP International Paper Co. | New | 0.32% | +0.32 |
| ECL Ecolab Inc. | New | 0.32% | +0.32 |
| RKLB Rocket Lab Corp. | New | 0.31% | +0.31 |
| FN Fabrinet | New | 0.31% | +0.31 |
| HL Hecla Mining Co. | New | 0.29% | +0.29 |
| QCOM Qualcomm Inc. | New | 0.29% | +0.29 |
| VMC Vulcan Materials Co. | New | 0.29% | +0.29 |
| NUE Nucor Corp. | New | 0.29% | +0.29 |
Options Activity Q3 2025 → Q4 2025
| MSTR Strategy Inc. | put | Reduce -33.8% | 2,121,200 | $322.3M |
| NVDA Nvidia Corp. | put | Sold out | 1,000,000 | $186.6Mbefore exit |
| IBIT iShares Bitcoin Trust ETF | put | Sold out | 2,200,000 | $143.0Mbefore exit |
| MPT Medical Properties Trust Inc. | put | Reduce -1.3% | 7,948,400 | $39.7M |
| AVGO Broadcom Inc. | put | Sold out | 100,000 | $33.0Mbefore exit |
| GOOGL Alphabet Inc. Class A | put | New | 70,000 | $21.9M |
| META Meta Platforms Inc. Class A | put | New | 30,000 | $19.8M |
| ENPH Enphase Energy Inc. | put | Reduce -50.0% | 500,000 | $16.0M |
| MSFT Microsoft Corp. | put | New | 30,000 | $14.5M |
| AAL American Airlines Group Inc. | put | Reduce -82.6% | 771,700 | $11.8M |
| VG Venture Global Inc. Class A | put | New | 1,617,400 | $11.0M |
| ETHA iShares Ethereum Trust ETF | put | Reduce -80.3% | 490,000 | $11.0M |
| OSCR Oscar Health Inc. Class A | put | Sold out | 500,000 | $9.5Mbefore exit |
| VZ Verizon Communications Inc. | put | New | 200,000 | $8.1M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Reduce -0.3% | 59,897,000 | $247.3M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | Add +56.6% | 149,213,000 | $175.1M |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | New | 129,000,000 | $134.7M |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | Sold out | 107,295,000 | $132.2Mbefore exit |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Reduce -19.3% | 111,079,000 | $99.4M |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | Reduce -25.1% | 50,624,000 | $95.6M |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | New | 60,390,000 | $85.6M |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | Add +13.5% | 84,105,000 | $83.6M |
| SUNRUN INC (RUN 4 03/01/30) | NOTE 4.000% 3/0 · principal | Reduce -23.0% | 56,977,000 | $80.8M |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | Add +134.4% | 52,930,000 | $57.3M |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | Reduce -24.2% | 47,043,000 | $54.6M |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | Add +38.1% | 53,010,000 | $49.2M |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | New | 50,862,000 | $41.9M |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | Add +134.3% | 1,626,702 | $36.9M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | Sold out | 23,410,000 | $28.1Mbefore exit |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | Reduce -32.8% | 28,642,000 | $27.6M |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | New | 20,000,000 | $25.4M |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | New | 19,321,000 | $22.1M |
| SOUTHERN CO (SO 7.125 12/15/28 A) | UNIT 12/15/2028 | New | 368,563 | $18.3M |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | New | 16,189,000 | $15.6M |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | Reduce -20.0% | 10,000,000 | $10.9M |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | New | 10,000,000 | $10.9M |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | New | 10,000,000 | $9.6M |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | Reduce -31.7% | 75,553 | $9.6M |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | Add +7.1% | 315,553 | $9.5M |
| LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) | NOTE 1.750% 1/1 · principal | Reduce -36.0% | 10,000,000 | $9.1M |
| CIPHER DIGITAL INC (CIFR 1.75 05/15/30) | NOTE 1.750% 5/1 · principal | Sold out | 2,500,000 | $7.4Mbefore exit |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | New | 5,720,000 | $6.2M |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | New | 5,000,000 | $5.9M |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | Sold out | 5,000,000 | $5.6Mbefore exit |
| CLEANSPARK INC (CLSK 0 06/15/30) | NOTE 6/1 · principal | New | 5,000,000 | $5.2M |
| DYNAVAX TECHNOLOGIES CORP | DEBT 2.000% 3/1 · principal | New | 4,000,000 | $4.2M |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | Sold out | 3,000,000 | $3.0Mbefore exit |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | New | 2,500,000 | $2.5M |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | Reduce -77.2% | 1,466,000 | $1.5M |
| EOS ENERGY ENTER -CW26 | *W EXP 11/17/202 | Sold out | 750,000 | $1.3Mbefore exit |
| BCSS.WS Bain Capital GSS Investment | *W EXP 01/01/202 | Reduce -14.8% | 187,424 | $122K |
| PMTRW Perimeter Acquis Corp. I -30 | *W EXP 05/13/203 | Sold out | 201,445 | $121Kbefore exit |
| XRPNW Armada Acquisition Corp - A | *W EXP 05/21/203 | Sold out | 125,000 | $119Kbefore exit |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | New | 213,794 | $97K |
| DFDVW Defi Development Corp. | *W EXP 01/21/202 | New | 59,998 | $91K |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | Sold out | 138,193 | $83Kbefore exit |
| LATAW Galata Acquisition Corp. - 30 | *W EXP 09/12/203 | New | 193,928 | $73K |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Sold out | 847,224 | $66Kbefore exit |
| ONCHW 1RT Acquisition Corp.-A -31 | *W EXP 06/26/203 | Sold out | 63,288 | $56Kbefore exit |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | Sold out | 95,448 | $48Kbefore exit |
| BLZRW Trailblazer Acqui Corp. -30 | *W EXP 09/30/203 | New | 98,860 | $47K |
| NHICW Newhold Investment Corp. - 30 | *W EXP 01/30/203 | Reduce -21.0% | 110,050 | $46K |
| OACCW Oaktree Acquisition III -31 | *W EXP 09/01/203 | New | 64,860 | $46K |
| PSEWF Paysafe Ltd. -CW26 | *W EXP 03/30/202 | Sold out | 2,398,555 | $44Kbefore exit |
Showing the first 50 of 70.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 542 | $5.9B | NVDA, MU, TSLA, TBPH, CEF |
| Q1 2026Amended | 409 | $3.9B | NVDA, PSLV, TBPH, HOLX, IBIT |
| Q4 2025Amended | 492 | $5.5B | NVDA, IBIT, RNAM, MSTR, TBPH |
| Q3 2025Amended | 520 | $5.6B | NVDA, IBIT, MSTR, K, ETHA |
| Q2 2025Amended | 343 | $5.3B | NVDA, MSTR, IBIT, COIN, SMCI |
| Q1 2025Amended | 228 | $2.5B | MSTR, NVDA, ITCI, TSLA, IBIT |
| Q4 2024Amended | 528 | $3.2B | HCP, IBIT, JNPR, EDR, TBPH |
| Q3 2024Amended | 497 | $2.7B | EQC, CTLT, TBPH, EDR, HPE |
| Q2 2024 | 182 | $1.3B | TBPH, CAG, COP, EDR, AAP |
| Q1 2024 | 209 | $1.7B | SPY, PXD, TJX, TBPH, NEE |