Whitebox Advisors LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Whitebox Advisors LLC reported 94 stock positions worth $721.0 million. Its top holding was Liberty Broadband-C (LBRDK) at 23.8% of the portfolio, followed by Triple Flag Precious Met (TFPM, 6.9%) and People (PPLI, 6.2%). Compared with Q2 2024, it opened 24 new positions, sold out of 28, added to 28 and reduced 20. The biggest buy was a new position in Sirius XM (SIRI) and the biggest sale an exit from Baxter International (BAX).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0001257391
- Portfolio Value
- $721.0M (Q3 2024)
- SEC Filing
- 0001257391-24-000009 ↗ filed Nov 14, 2024
Holdings Value
Holdings 94 stocks · $721.0M
| LBRDK Liberty Broadband-C | 23.85% | 2,224,438 | $171.9M | Reduce -25.3% |
| TFPM Triple Flag Precious Met | 6.86% | 3,054,703 | $49.4M | Reduce -5.4% |
| PPLI People Inc. filed as IAC INC | 6.22% | 833,259 | $44.8M | Reduce -38.2% |
| GRFS Grifols SA-ADR | 5.20% | 4,221,483 | $37.5M | Add +56.2% |
| HEI.A Heico Corp. Class A | 4.19% | 148,351 | $30.2M | No change |
| SIRI Sirius XM Holdings Inc. | 3.86% | 1,176,722 | $27.8M | New |
| VAL Valaris Ltd. | 3.55% | 459,111 | $25.6M | Reduce -0.4% |
| ACI Albertsons Cos Inc. Class A | 3.48% | 1,357,682 | $25.1M | Add +6.4% |
| CHRD Chord Energy Corp. | 3.35% | 185,264 | $24.1M | Add +14.9% |
| BLCO Bausch + Lomb Corp. | 3.33% | 1,243,245 | $24.0M | Reduce -19.6% |
| UP Wheels Up Experience Inc. | 3.14% | 42,686,519 | $22.6M | Reduce -0.8% |
| GPOR Gulfport Energy Corp. | 2.18% | 103,980 | $15.7M | Reduce -12.6% |
| BITO Proshares Bitcoin ETF-Usd | 1.86% | 697,042 | $13.4M | Add +19.7% |
| NE Noble Corp. PLC | 1.83% | 365,083 | $13.2M | Reduce -5.1% |
| BHC Bausch Health Cos Inc. | 1.63% | 1,436,787 | $11.7M | Reduce -0.2% |
| NCMI National Cinemedia Inc. | 1.36% | 1,390,867 | $9.8M | Reduce -2.1% |
| NAC Nuveen Ca QLTY Muni Inc. | 1.31% | 791,703 | $9.4M | Reduce -29.3% |
| LBRDA Liberty Broadband-A | 1.26% | 118,151 | $9.1M | No change |
| CYH Community Health Systems Inc. | 1.23% | 1,462,773 | $8.9M | Reduce -51.6% |
| DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN | 1.21% | 1,415,173 | $8.7M | Add +38.0% |
| CIVI Civitas Resources Inc. | 1.21% | 172,000 | $8.7M | New |
| GIGGU GIGCAPITAL7 Inc. | 1.05% | 760,000 | $7.6M | New |
| CSTM Constellium SE | 1.01% | 447,284 | $7.3M | Add +40.1% |
| GM General Motors Co. | 1.00% | 160,776 | $7.2M | Reduce -14.5% |
| GT Goodyear Tire & Rubber Co. | 0.85% | 693,028 | $6.1M | Add +69.5% |
| EQC Equity Commonwealth | 0.73% | 264,626 | $5.3M | Reduce -75.0% |
| SIMAU Sim Acquisition Corp. I | 0.70% | 500,000 | $5.0M | New |
| AAM Aa Mission Acquisition Cor-A | 0.63% | 450,000 | $4.5M | New |
| HONDU HCM II Acquisition Corp. | 0.56% | 400,000 | $4.0M | New |
| THC Tenet Healthcare Corp. | 0.49% | 21,402 | $3.6M | Reduce -24.6% |
| MBI Mbia Inc. | 0.42% | 844,431 | $3.0M | Add +6.3% |
| FTW.U Eqv Ventures Acquisition Cor | 0.41% | 300,000 | $3.0M | New |
| SVC Service Pptys TR | 0.41% | 640,602 | $2.9M | Add +4.9% |
| CCO Clear Channel Outdoor Holdin | 0.40% | 1,807,486 | $2.9M | Add +11.4% |
| CAR Avis Budget Group Inc. | 0.40% | 33,003 | $2.9M | Add +65.0% |
| VCICU Vine Hill Cap Invest-Unit | 0.37% | 265,000 | $2.6M | New |
| VMO Invesco Municipal Opport | 0.36% | 254,394 | $2.6M | Add +7.1% |
| TONT.U Graf Global Corp. | 0.35% | 250,000 | $2.5M | No change |
| LPAAU Launch One Acquisition Corp. | 0.35% | 250,000 | $2.5M | New |
| BSIIU Black Spade Acquisition II C | 0.35% | 250,000 | $2.5M | New |
| JWN Nordstrom Inc. | 0.34% | 108,957 | $2.5M | Add +4.3% |
| WBD Warner Bros Discovery Inc. | 0.30% | 261,832 | $2.2M | Add +6.1% |
| HOUS Anywhere Real Estate Inc. | 0.28% | 398,489 | $2.0M | Add +165.7% |
| VRNS Varonis Systems Inc. | 0.28% | 35,500 | $2.0M | New |
| POLEU Andretti Acquisition Corp. II | 0.28% | 200,000 | $2.0M | New |
| XNQPX Nuveen Pa QLTY Muni Inc. | 0.24% | 139,454 | $1.8M | Reduce -12.5% |
| PARAA Paramount Global Class B | 0.24% | 163,723 | $1.7M | Add +32.3% |
| MERC Mercer International Inc. | 0.24% | 254,014 | $1.7M | Add +46.0% |
| MHN BlackRock Muniholding NY QLT | 0.23% | 147,993 | $1.7M | Add +5.7% |
| UCFI CN Healthy Food Tech Group C filed as IRON HORSE ACQUISITIONS CORP | 0.21% | 150,000 | $1.5M | No change |
| VLOSU M3-Brigade Acquisition V Cor | 0.21% | 150,000 | $1.5M | New |
| VACHU Voyager Acquisition Corp. | 0.21% | 150,000 | $1.5M | New |
| R Ryder System Inc. | 0.20% | 10,014 | $1.5M | Reduce -45.9% |
| BOX Box Inc. Class A | 0.20% | 44,300 | $1.4M | New |
| SBI Western Asset Intermediate | 0.20% | 171,438 | $1.4M | Add +1.2% |
| DMB BNY Mellon Muni BND Infra | 0.19% | 125,910 | $1.4M | Add +5.2% |
| AZUL S A | 0.19% | 402,775 | $1.4M | New |
| AFB Allianceberstein NTL Muni | 0.19% | 113,955 | $1.3M | Add +6.5% |
| XNXJX Nuveen NJ QLTY Muni Inc. | 0.18% | 101,909 | $1.3M | Reduce -66.0% |
| KSS Kohls Corp. | 0.18% | 62,770 | $1.3M | Add +18.9% |
| BKHA Black Hawk Acquisition Cor-A | 0.18% | 125,000 | $1.3M | No change |
| CAPNU Cayson Acquisition Corp. | 0.17% | 125,000 | $1.3M | New |
| T AT&T Inc. | 0.17% | 55,713 | $1.2M | Reduce -62.3% |
| DSM BNYM Strat Muni BND filed as BNY MELLON STRATEGIC MUN BD | 0.17% | 192,127 | $1.2M | Add +15.9% |
| DYCQ DT Cloud Acquisition Corp. | 0.15% | 107,306 | $1.1M | No change |
| MUE BlackRock Munihold QLT FD II | 0.15% | 101,047 | $1.1M | Add +6.0% |
| CUBWU Lionheart Holdings | 0.14% | 100,000 | $1.0M | No change |
| ELBM Electra Battery Materials Co. | 0.14% | 1,759,703 | $1.0M | No change |
| FVNNU Future Vision II Acq Corp. | 0.14% | 100,000 | $1.0M | New |
| XBNYX BlackRock New York Muni Inc. | 0.13% | 82,517 | $908K | Add +9.4% |
| VOD Vodafone Group PLC-SP ADR | 0.13% | 90,585 | $908K | No change |
| KVACF Keen Vision Acquisition Corp. | 0.11% | 75,000 | $807K | No change |
| NN Nextnav Inc. | 0.07% | 71,999 | $539K | No change |
| HAYMAKER ACQUISITION CORP 4 | 0.07% | 50,000 | $533K | No change |
| DTSQ DT Cloud Star Acquisition Co. | 0.07% | 50,000 | $500K | New |
| CXE MFS High Income Municipal TR | 0.06% | 116,625 | $467K | Add +9.9% |
| CXH MFS Investment Grade Muni | 0.06% | 49,454 | $407K | Add +1.6% |
| TGNA Tegna Inc. | 0.06% | 25,500 | $402K | New |
| OPITQ Office Properties Income Tru | 0.05% | 157,646 | $344K | No change |
| EBS Emergent Biosolutions Inc. | 0.05% | 40,427 | $338K | New |
| QETA Quetta Acquisition Corp. | 0.04% | 30,000 | $312K | No change |
| MGM MGM Resorts International | 0.04% | 7,662 | $300K | New |
| AITR AI Transportation Acquisitio | 0.03% | 20,000 | $210K | No change |
| TSEOQ Trinseo PLC | 0.03% | 39,146 | $200K | New |
| URGENTLY INC | 0.03% | 278,189 | $189K | No change |
| XNOMX Nuveen Mo QLTY Muni Inc. | 0.02% | 14,718 | $162K | Add +24.4% |
| NAZ Nuveen Az QLTY Muni Inc. | 0.02% | 11,133 | $132K | Reduce -69.3% |
| ENGENE HOLDINGS INC | 0.01% | 33,333 | $70K | No change |
| ESPR Esperion Therapeutics Inc. | 0.01% | 30,182 | $50K | New |
| BURTECH ACQUISITION CORP | 0.01% | 225,000 | $45K | No change |
| POLESTAR AUTOMOTIVE HLDG UK | 0.00% | 75,000 | $23K | No change |
| NORTHVIEW ACQUISITION CORP | 0.00% | 125,000 | $5K | No change |
| AMODW Insight Acquisition Corp. | 0.00% | 75,000 | $4K | No change |
| ABPWW Atlantic Coastal Aqstn Corp. | 0.00% | 12,500 | $575 | No change |
Options reported separately and not counted above: SPY puts ($555.9M), RCL puts ($133.0M), KKR puts ($104.5M), XOP puts ($72.3M), OIH puts ($70.9M), AAPL puts ($69.9M), IWM puts ($66.3M), LUMN puts ($41.2M), CCL puts ($32.3M), CNK puts ($27.8M), RUN puts ($22.6M), HLF puts ($21.6M), and 21 more.
Other holdings (195): bonds, preferreds, convertibles and warrants · $1.6B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 62,024,000 | $142.3M | Add +82.2% |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | 96,220,000 | $131.1M | Reduce -5.9% |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 58,100,000 | $121.0M | Reduce -23.6% |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | 57,950,000 | $81.9M | Reduce -24.2% |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 66,470,000 | $68.2M | Reduce -23.1% |
| SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) | NOTE 0.250%12/0 · principal | 79,902,000 | $59.1M | Reduce -4.1% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 39,000,000 | $57.1M | Reduce -6.0% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 35,750,000 | $52.6M | Add +10.8% |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 43,500,000 | $52.1M | Add +107.1% |
| ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) | NOTE 4.000% 3/1 · principal | 50,200,000 | $50.6M | Reduce -1.0% |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | 25,482,000 | $50.5M | Add +72.5% |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | 37,450,000 | $47.1M | Add +39.0% |
| NOVAVAX INC (NVAX 5 12/15/27) | NOTE 5.000%12/1 · principal | 34,750,000 | $43.7M | No change |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 30,250,000 | $36.4M | Reduce -9.0% |
| CANADIAN SOLAR INC (CSIQ 2.5 10/01/25) | NOTE 2.500%10/0 · principal | 35,382,000 | $34.3M | No change |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 43,287,000 | $32.1M | Add +46.6% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 25,017,000 | $29.0M | Add +6.5% |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 77,000,000 | $28.6M | No change |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | 33,235,000 | $28.2M | Add +3.9% |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 35,884,000 | $26.3M | New |
| ZYNEX INC (ZYXI 5 05/15/26) | NOTE 5.000% 5/1 · principal | 25,000,000 | $24.5M | Add +11.1% |
| ARTIVION INC (AORT 4.25 07/01/25) | NOTE 4.250% 7/0 · principal | 19,250,000 | $23.9M | No change |
| HCI GROUP INC (HCI 4.75 06/01/42) | NOTE 4.750% 6/0 · principal | 16,250,000 | $23.3M | No change |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 29,547,000 | $22.6M | No change |
| ESPERION THERAPEUTICS (ESPR 4 11/15/25) | NOTE 4.000%11/1 · principal | 23,850,000 | $22.6M | No change |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 26,000,000 | $22.6M | New |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | 13,283,000 | $19.6M | No change |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 16,074,000 | $19.5M | New |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | 20,000,000 | $19.0M | New |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 19,715,000 | $18.1M | Reduce -9.2% |
| LUMINAR TECHNOLOGIES INC (LAZR 11.5 01/15/30) | DEBT 11.500% 1/1 · principal | 25,753,000 | $16.7M | New |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | 15,500,000 | $16.1M | Add +6.9% |
| LIBERTY INTERACTIVE LLC (LINTA 3.75 02/15/30) | DEB 3.750% 2/1 · principal | 43,663,000 | $15.1M | No change |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 12,000,000 | $11.7M | Add +118.2% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 12,500,000 | $11.4M | New |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 8,668,000 | $10.6M | Reduce -46.4% |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 62,998,000 | $10.4M | Reduce -17.4% |
| ENCORE CAPITAL GROUP INC (ECPG 3.25 10/01/25) | NOTE 3.250%10/0 · principal | 7,550,000 | $9.6M | Reduce -24.9% |
| MARA HOLDINGS INC (MARA 1 12/01/26) | NOTE 1.000%12/0 · principal | 10,755,000 | $9.5M | Reduce -63.9% |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | 9,279,000 | $9.0M | No change |
| TPI COMPOSITES INC (TPIC 5.25 03/15/28) | NOTE 5.250% 3/1 · principal | 16,201,000 | $8.9M | Add +32.8% |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 7,861,000 | $7.0M | Reduce -75.7% |
| GROUPON INC (GRPN 1.125 03/15/26) | NOTE 1.125% 3/1 · principal | 7,300,000 | $6.5M | No change |
| OMEROS CORP (OMER 5.25 02/15/26) | NOTE 5.250% 2/1 · principal | 8,500,000 | $5.7M | Reduce -22.7% |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 6,000,000 | $5.5M | New |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | 7,639,000 | $5.3M | Reduce -42.2% |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | 10,004,000 | $5.2M | No change |
| LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) | DEB 4.000%11/1 · principal | 14,559,000 | $5.2M | No change |
| OATLY GROUP AB (OTLY 9.25 09/14/28) | NOTE 9.250% 9/1 · principal | 6,728,172 | $4.9M | No change |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 5,685,000 | $4.1M | No change |
| SPIRIT AIRLINES INC (SAVE 1 05/15/26) | NOTE 1.000% 5/1 · principal | 9,577,000 | $2.9M | New |
| CARDLYTICS INC (CDLX 1 09/15/25) | NOTE 1.000% 9/1 · principal | 3,000,000 | $2.7M | No change |
| BILIBILI INC (BILI 0.5 12/01/26) | NOTE 0.500%12/0 · principal | 2,700,000 | $2.7M | No change |
| VERITONE INC (VERI 1.75 11/15/26) | NOTE 1.750%11/1 · principal | 7,650,000 | $2.4M | No change |
| INNOVATE CORP (VATE 7.5 08/01/26 *) | NOTE 7.500% 8/0 · principal | 6,887,000 | $2.1M | No change |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | 3,250,000 | $2.1M | Reduce -38.1% |
| FARO TECHNOLOGIES INC (FARO 5.5 02/01/28) | NOTE 5.500% 2/0 · principal | 2,000,000 | $1.9M | No change |
| CUTERA INC (CUTR 4 06/01/29) | NOTE 4.000% 6/0 · principal | 10,390,000 | $1.7M | Reduce -8.8% |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 515,114 | $1.1M | Reduce -27.1% |
| VGASW Cenaq Energy Corp. Class A -CW27 | *W EXP 02/15/202 | 190,419 | $40K | No change |
| OCSAW Oculis Holding AG -30 | *W EXP 03/06/202 | 16,833 | $35K | No change |
| BKHAR Black Hawk Acquisition C-RTS | RIGHT 06/20/2025 | 25,000 | $29K | No change |
| DRTSW Alpha Tau Medical Ltd. -27 | *W EXP 99/99/999 | 146,256 | $28K | No change |
| DYCQR DT Cloud Acquisition Cor-RTS | RIGHT 02/14/2029 | 107,306 | $27K | No change |
| IROHR Iron Horse Acquisitions Righ | RIGHT 99/99/9999 | 150,000 | $26K | No change |
| UNITED HOMES GROUP INC | *W EXP 03/30/202 | 25,000 | $25K | No change |
| FASWF Stonebridge Acquisition-CW23 | *W EXP 04/02/202 | 124,940 | $24K | No change |
| IGTAR Inception Growth Acq Ltd. -RT | RIGHT 12/08/2026 | 175,000 | $21K | No change |
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 50,000 | $21K | No change |
| EGUVF Evergreen Corporation -CW27 | *W EXP 02/08/202 | 350,000 | $21K | No change |
| SKGRW SK Growth Opportunities -29 | *W EXP 06/28/202 | 100,000 | $21K | No change |
| NOVVR Nova Vision Acquisition-RTS | RIGHT 99/99/9999 | 80,000 | $20K | No change |
| OAKUR Oak Woods Acquisition Cor-RT | RIGHT 03/23/2028 | 68,000 | $18K | No change |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | 75,000 | $18K | No change |
| RRAWF Rigel Resource Acquisi -CW23 | *W EXP 99/99/999 | 50,000 | $18K | No change |
| GBBKR Global Blockchain Acq - RTS | RIGHT 05/09/2027 | 225,000 | $17K | No change |
| FLYX.WS Eg Acquisition Corp.-A -CW28 | *W EXP 99/99/999 | 53,325 | $17K | No change |
| COCHW Envoy Medical Inc.-CW27 | *W EXP 09/29/202 | 184,000 | $15K | No change |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | 225,000 | $14K | New |
| GROY.WS Gold Royalty Corp. -29 | *W EXP 05/31/202 | 44,755 | $13K | Reduce -10.5% |
| NVACR Northview Acquisition Co.-RTS | RIGHT 99/99/9999 | 250,000 | $13K | No change |
| RFACR RF Acquisition Corp.- Rights | RIGHT 05/01/2028 | 100,000 | $12K | No change |
| SMNRW Denali Capital Acq-CW27 | *W EXP 99/99/999 | 200,000 | $12K | No change |
| BNIXR Bannix Acquisition Corp.-RTS | RIGHT 07/31/2026 | 100,000 | $12K | No change |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 225,000 | $11K | No change |
| BRLSW Oxus Acquisition Corp. -CW23 | *W EXP 02/07/202 | 160,000 | $11K | No change |
| MOBXW Chavrant Capital Acq -CW23 | *W EXP 12/21/202 | 100,000 | $11K | No change |
| DISTR Distoken Acquisition Corp. | RIGHT 99/99/9999 | 100,000 | $11K | No change |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | 50,000 | $10K | No change |
| VSEEW Digital Health Acquist-CW23 | *W EXP 99/99/999 | 250,000 | $10K | No change |
| VSACW Vision Sensing Acq -CW23 | *W EXP 99/99/999 | 225,000 | $10K | No change |
| BBAI.WS Bigbear.ai Holdings -CW28 | *W EXP 12/08/202 | 68,769 | $10K | No change |
| RZLVW Rezolve AI PLC -CW27 | *W EXP 08/15/202 | 50,000 | $9K | New |
| LAKESHORE BIOPHARMA CO LTD | *W EXP 03/15/202 | 125,000 | $8K | No change |
| CSLRF Consilium Acquisition -Right | RIGHT 99/99/9999 | 45,000 | $8K | No change |
| THCPW Thunder Bridge Capital-CW | *W EXP 04/30/202 | 53,800 | $7K | No change |
| AIMWF Aimfinity Investment-CW27 | *W EXP 99/99/999 | 350,000 | $7K | No change |
| APXIW Apx Acquisition Corp. I -23 | *W EXP 99/99/999 | 125,000 | $6K | No change |
| AILWQ Arrowroot Acquisition -CW26 | *W EXP 04/16/202 | 23,000 | $6K | No change |
| DTSQR DT Cloud Star Acquisition Co. | RIGHT 07/09/2029 | 50,000 | $6K | New |
| BUJAR Bukit Jalil Global Acquisiti | RIGHT 12/30/2024 | 50,000 | $6K | No change |
| ASBPW Aspire Biopharma Holdin-CW27 | *W EXP 05/23/202 | 125,000 | $5K | No change |
| SBCWW Pono Capital Two Inc. -27 | *W EXP 09/17/202 | 35,000 | $5K | No change |
| OPTXW Omnilit Acquisition Class A -23 | *W EXP 99/99/999 | 75,000 | $5K | No change |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 23,000 | $5K | No change |
| UCFIW Iron Horse Acquisition Co.-29 | *W EXP 09/30/203 | 150,000 | $5K | No change |
| HOLLEY INC | *W EXP 11/30/202 | 79,311 | $4K | Reduce -6.0% |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 25,000 | $4K | No change |
| FTIIW Futuretech II Acq -CW27 | *W EXP 08/18/202 | 151,600 | $4K | No change |
| CYCUW Cycurion Inc.-CW27 | *W EXP 02/13/203 | 175,000 | $4K | No change |
| DUETW Duet Acquisition Corp. -27 | *W EXP 07/19/202 | 195,100 | $4K | No change |
| HHGCR HHG Capital Corp.-RTS | RIGHT 02/25/2026 | 55,000 | $4K | No change |
| GHIXW Gores Holding Ix -CW24 | *W EXP 01/14/202 | 50,000 | $4K | No change |
| EONR.WS HNR Acquisition Corp. -CW23 | *W EXP 11/15/202 | 75,000 | $4K | No change |
| MRNOW Murano Global BV-28 | *W EXP 03/19/202 | 25,000 | $4K | No change |
| FRLAW Fortune Rise Acquisit -CW23 | *W EXP 12/06/202 | 137,500 | $4K | No change |
| XFINW Excelfin Acquisition -CW23 | *W EXP 10/25/202 | 25,000 | $4K | No change |
| RFACW RF Acquisition Corp.-CW27 | *W EXP 05/01/202 | 100,000 | $4K | No change |
| KVAWF Keen Vision Acquisition C-28 | *W EXP 03/15/202 | 75,000 | $4K | No change |
| NVNWF Nvni Group Ltd.-28 | *W EXP 11/01/202 | 175,000 | $4K | No change |
| NOVVW Nova Vision Acquisit -CW28 | *W EXP 12/31/202 | 80,000 | $4K | No change |
| IGTAW Inception Growth Acq -23 | *W EXP 10/15/202 | 87,500 | $4K | No change |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | 14,200 | $3K | New |
| AITRR AI Transportation Acquis-RTS | RIGHT 09/01/2028 | 20,000 | $3K | No change |
| GBBKW Global Blockchain Acq-CW27 | *W EXP 05/09/202 | 225,000 | $3K | No change |
| CSLWF Consilium Acquisition -27 | *W EXP 99/99/999 | 22,500 | $3K | No change |
| BLEUACACIA LTD | RIGHT 10/30/2026 | 100,000 | $3K | No change |
| GATEW Marblegate Acquisition -CW22 | *W EXP 08/31/202 | 87,500 | $3K | No change |
| TETWF Technology & Telecommuni -27 | *W EXP 04/15/202 | 125,000 | $3K | No change |
| EVCOW Everest Consolidator Acquisi | *W EXP 99/99/999 | 100,000 | $3K | No change |
| ESLAW Tradeup Acquisition Corp.-CW | *W EXP 09/29/202 | 45,476 | $3K | No change |
| ZOOZW Zooz Strategy Ltd.-29 | *W EXP 04/02/202 | 62,500 | $3K | No change |
| MSAIW Sportsmap Tech Acq -CW27 | *W EXP 12/19/202 | 104,126 | $3K | No change |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 46,000 | $3K | No change |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 | 50,000 | $3K | No change |
| TGAWF Target Global Acq I -CW27 | *W EXP 12/08/202 | 33,333 | $3K | No change |
| PITWF Heramba Electric PLC-28 | *W EXP 07/26/202 | 25,000 | $3K | New |
| SEDA.WS SDCL Edge Acq Class A -CW28 | *W EXP 99/99/999 | 25,000 | $2K | No change |
| OCEAW Aesther Healthcare Acq -CW23 | *W EXP 02/14/202 | 50,000 | $2K | No change |
| AIIOW NWTN Inc. -CW27 | *W EXP 11/11/202 | 50,000 | $2K | No change |
| CDTTW Murphy Canyon Acq-CW27 | *W EXP 09/22/202 | 200,000 | $2K | No change |
| ECD AUTOMOTIVE DESIGN INC | *W EXP 12/12/202 | 90,000 | $2K | No change |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 | 30,666 | $2K | No change |
| AERTW Aeries Technology Inc. -CW23 | *W EXP 11/06/202 | 60,662 | $2K | No change |
| BNIXW Bannix Acquisition Corp.-CW23 | *W EXP 07/31/202 | 100,000 | $2K | No change |
| REEWF Cartesian Growth Corp. II -28 | *W EXP 07/12/202 | 33,333 | $2K | No change |
| PLMWF Plum Acquisition Corp. III-CW | *W EXP 03/31/202 | 25,000 | $2K | No change |
| IXQWF Ix Acquisition Corp. -CW26 | *W EXP 07/31/202 | 25,000 | $2K | No change |
| VSTWF Vast Solar PTY Ltd. -28 | *W EXP 07/01/202 | 37,500 | $2K | No change |
| OAKUW Oak Woods Acquisition -28 | *W EXP 99/99/999 | 68,000 | $2K | No change |
| ROCLW Roth CH Acquisition V -CW23 | *W EXP 12/10/202 | 37,500 | $2K | No change |
| BCSAW Blockchain Coinvestors Acqui | *W EXP 11/01/202 | 75,000 | $2K | No change |
| IVCPW Swiftmerge Acquisition -CW23 | *W EXP 12/13/202 | 25,000 | $2K | No change |
| DISTW Distoken Acquisition Corp.-28 | *W EXP 11/30/202 | 100,000 | $2K | No change |
| ONMDW Data Knights Acq Class A -CW28 | *W EXP 11/07/202 | 49,700 | $2K | No change |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 12,500 | $2K | No change |
| APLMW Apollomics Inc.-27 | *W EXP 04/01/202 | 200,000 | $2K | No change |
| CRTWF Cartica Acquisition A -28 | *W EXP 04/30/202 | 10,000 | $2K | No change |
| PHYWF PHYT WS -CW | *W EXP 05/03/202 | 25,000 | $2K | No change |
| BSLKW Golden Arrow Merger A -CW26 | *W EXP 08/13/202 | 23,000 | $1K | New |
| FIACW Focus Impact Acquisit -CW23 | *W EXP 99/99/999 | 37,500 | $1K | No change |
| BLEUACACIA LTD | *W EXP 10/30/202 | 50,000 | $1K | No change |
| ATEKW Athena Technology Acq -CW23 | *W EXP 10/17/202 | 50,000 | $1K | No change |
| PERCEPTION CAPITAL CORP IV | *W EXP 99/99/999 | 25,000 | $1K | No change |
| RDZNW Vahanna Tech Edge -CW24 | *W EXP 11/30/202 | 20,000 | $1K | No change |
| HAIWF Healthcare AI Acq -CW23 | *W EXP 12/07/202 | 50,000 | $1K | No change |
| HOVRW Pono Capital Three Inc.-A-28 | *W EXP 02/14/202 | 100,000 | $1K | No change |
| BOCNW Blue Ocean Acquisition A -23 | *W EXP 99/99/999 | 75,000 | $1K | No change |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | 92,787 | $1K | No change |
| XAGEW Alpha Healthcare Acquis-CW27 | *W EXP 07/12/202 | 18,750 | $1K | No change |
| CPTWF Captivision Inc.-28 | *W EXP 11/15/202 | 37,500 | $1K | No change |
| BHACW Crixus BH3 Acquisition -CW26 | *W EXP 99/99/999 | 25,370 | $1K | No change |
| BFQWF Battery Future Acquis A -23 | *W EXP 99/99/999 | 50,000 | $1K | No change |
| RMCOW American Acq Class A -CW26 | *W EXP 10/31/202 | 86,204 | $905 | No change |
| FNVWF Finnovate Acquisition -CW23 | *W EXP 09/30/202 | 45,000 | $900 | No change |
| TLGWF TLGY Acquisition Corp. -23 | *W EXP 11/09/202 | 37,500 | $900 | No change |
| ZPTAW Zapata Computing Hol- CW23 | *W EXP 02/14/202 | 25,000 | $893 | No change |
| PRLHW Pearl Holdings Acq -CW23 | *W EXP 12/15/202 | 25,000 | $778 | No change |
| PPYAW Papaya Growth Opportuni-CW23 | *W EXP 12/31/202 | 25,000 | $760 | No change |
| BUJAW Bukit Jalil Global Acquis-28 | *W EXP 12/30/202 | 25,000 | $750 | No change |
| IVAWF Investcorp India Acquisi -27 | *W EXP 06/01/202 | 12,500 | $750 | No change |
| ECXWW Ecarx Holdings Inc. Class A-27 | *W EXP 99/99/999 | 34,500 | $735 | No change |
| AEAEW Altenergy Acquisition -CW23 | *W EXP 10/29/202 | 62,500 | $700 | No change |
| GTACW Global Technology Acq -CW23 | *W EXP 99/99/999 | 12,500 | $635 | No change |
| EVE.WS Eve Mobility Acquisit A -23 | *W EXP 12/31/202 | 12,500 | $588 | No change |
| SVUWF Srivaru Holding Ltd.-28 | *W EXP 12/08/202 | 35,000 | $525 | No change |
| ISPOW Inspirato -CW30 | *W EXP 02/11/202 | 30,000 | $516 | No change |
| CRPWF Carbon Revolution PLC | *W EXP 99/99/999 | 15,333 | $501 | No change |
| MCAAW Mountain & Co. I Acq -CW23 | *W EXP 09/30/202 | 50,000 | $500 | No change |
| HHGCW HHG Capital Corp. -CW27 | *W EXP 02/25/202 | 55,000 | $336 | No change |
| PNSWQ Banyan Acquisition Co. -CW23 | *W EXP 09/30/202 | 27,500 | $297 | No change |
| IVCWF Investcorp Europe Acquis -27 | *W EXP 12/15/202 | 25,000 | $258 | No change |
| CTSWF Cactus Acquisition Corp.-CW23 | *W EXP 08/17/202 | 10,000 | $234 | No change |
| ONYXW Onyx Acq Co. I Class A -CW23 | *W EXP 11/30/202 | 12,500 | $141 | No change |
| CEROW Phoenix Biotech Acq -CW26 | *W EXP 02/13/202 | 25,000 | $128 | No change |
Total filed on the 13F, all lines: $2.3B.
Portfolio Sells Q2 2024 → Q3 2024
| BAX Baxter International Inc. | Sold out | 0.00% | −3.54 |
| LSXMK Liberty Media Corp.-Liber-New | Sold out | 0.00% | −3.38 |
| AQN Algonquin Power & Utilities | Sold out | 0.00% | −2.48 |
| PPLI People Inc. | Reduce -38.2% | 6.22% | −2.26 |
| EQC Equity Commonwealth | Reduce -75.0% | 0.73% | −2.03 |
| LSXMA Liberty Media Corp. Class A New | Sold out | 0.00% | −1.34 |
| VAL Valaris Ltd. | Reduce -0.4% | 3.55% | −1.06 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.48 |
| NE Noble Corp. PLC | Reduce -5.1% | 1.83% | −0.47 |
| NAC Nuveen Ca QLTY Muni Inc. | Reduce -29.3% | 1.31% | −0.43 |
| XMHIX Pioneer Muni High Inc. TR | Sold out | 0.00% | −0.40 |
| NBH Neuberger Municipal Fund Inc. | Sold out | 0.00% | −0.36 |
| XNXJX Nuveen NJ QLTY Muni Inc. | Reduce -66.0% | 0.18% | −0.31 |
| XPMAX Pioneer Municipal High Inc. | Sold out | 0.00% | −0.30 |
| GPOR Gulfport Energy Corp. | Reduce -12.6% | 2.18% | −0.23 |
| T AT&T Inc. | Reduce -62.3% | 0.17% | −0.21 |
| DMF BNYM Municipal Income | Sold out | 0.00% | −0.20 |
| VPV Invesco Pa Val Muni Inc. | Sold out | 0.00% | −0.19 |
| VTN Invesco TR for Invest GRD NY | Sold out | 0.00% | −0.18 |
| XMIOX Pioneer Muni High Inc. Opp | Sold out | 0.00% | −0.18 |
| GM General Motors Co. | Reduce -14.5% | 1.00% | −0.17 |
| GVA Granite Construction Inc. | Sold out | 0.00% | −0.17 |
| FMN Federated Herm Prem Muni Inc. | Sold out | 0.00% | −0.15 |
| OVV Ovintiv Inc. | Sold out | 0.00% | −0.14 |
| CYH Community Health Systems Inc. | Reduce -51.6% | 1.23% | −0.13 |
| BALY Bally's Corp. | Sold out | 0.00% | −0.13 |
| AAL American Airlines Group Inc. | Sold out | 0.00% | −0.12 |
| SIRI Sirius XM Holdings Inc. | Sold out | 0.00% | −0.11 |
| R Ryder System Inc. | Reduce -45.9% | 0.20% | −0.11 |
| LCID Lucid Group Inc. | Sold out | 0.00% | −0.11 |
| CCL Carnival Corp. | Sold out | 0.00% | −0.10 |
| OAKU Oak Woods Acquisition Corp. Class A | Sold out | 0.00% | −0.10 |
| KTF DWS Municipal Income Trust | Sold out | 0.00% | −0.08 |
| SAVEQ Spirit Airlines Inc. | Sold out | 0.00% | −0.07 |
| TPR Tapestry Inc. | Sold out | 0.00% | −0.07 |
| NNAG 99 Acquisition Group in Class A | Sold out | 0.00% | −0.05 |
| KSM DWS Strategic Municipal Inc. | Sold out | 0.00% | −0.05 |
| NAZ Nuveen Az QLTY Muni Inc. | Reduce -69.3% | 0.02% | −0.04 |
| XNQPX Nuveen Pa QLTY Muni Inc. | Reduce -12.5% | 0.24% | −0.02 |
| THC Tenet Healthcare Corp. | Reduce -24.6% | 0.49% | −0.01 |
| GROY Gold Royalty Corp. | Sold out | 0.00% | −0.01 |
| BSLKW Golden Arrow Merger Corp. | Sold out | 0.00% | −0.00 |
| TFPM Triple Flag Precious Met | Reduce -5.4% | 6.86% | +0.14 |
| BHC Bausch Health Cos Inc. | Reduce -0.2% | 1.63% | +0.28 |
| BLCO Bausch + Lomb Corp. | Reduce -19.6% | 3.33% | +0.31 |
| NCMI National Cinemedia Inc. | Reduce -2.1% | 1.36% | +0.52 |
| LBRDK Liberty Broadband-C | Reduce -25.3% | 23.85% | +1.93 |
| UP Wheels Up Experience Inc. | Reduce -0.8% | 3.14% | +2.04 |
Portfolio Buys Q2 2024 → Q3 2024
| SIRI Sirius XM Holdings Inc. | New | 3.86% | +3.86 |
| GRFS Grifols SA-ADR | Add +56.2% | 5.20% | +2.91 |
| CIVI Civitas Resources Inc. | New | 1.21% | +1.21 |
| GIGGU GIGCAPITAL7 Inc. | New | 1.05% | +1.05 |
| SIMAU Sim Acquisition Corp. I | New | 0.70% | +0.70 |
| AAM Aa Mission Acquisition Cor-A | New | 0.63% | +0.63 |
| HONDU HCM II Acquisition Corp. | New | 0.56% | +0.56 |
| FTW.U Eqv Ventures Acquisition Cor | New | 0.41% | +0.41 |
| VCICU Vine Hill Cap Invest-Unit | New | 0.37% | +0.37 |
| LPAAU Launch One Acquisition Corp. | New | 0.35% | +0.35 |
| BSIIU Black Spade Acquisition II C | New | 0.35% | +0.35 |
| VRNS Varonis Systems Inc. | New | 0.28% | +0.28 |
| POLEU Andretti Acquisition Corp. II | New | 0.28% | +0.28 |
| DCH Dauch Corporation | Add +38.0% | 1.21% | +0.25 |
| GT Goodyear Tire & Rubber Co. | Add +69.5% | 0.85% | +0.23 |
| HOUS Anywhere Real Estate Inc. | Add +165.7% | 0.28% | +0.21 |
| VLOSU M3-Brigade Acquisition V Cor | New | 0.21% | +0.21 |
| VACHU Voyager Acquisition Corp. | New | 0.21% | +0.21 |
| BOX Box Inc. Class A | New | 0.20% | +0.20 |
| CSTM Constellium SE | Add +40.1% | 1.01% | +0.20 |
| AZUL S A | New | 0.19% | +0.19 |
| CAPNU Cayson Acquisition Corp. | New | 0.17% | +0.17 |
| FVNNU Future Vision II Acq Corp. | New | 0.14% | +0.14 |
| CAR Avis Budget Group Inc. | Add +65.0% | 0.40% | +0.12 |
| ACI Albertsons Cos Inc. Class A | Add +6.4% | 3.48% | +0.10 |
| BITO Proshares Bitcoin ETF-Usd | Add +19.7% | 1.86% | +0.10 |
| CCO Clear Channel Outdoor Holdin | Add +11.4% | 0.40% | +0.09 |
| DTSQ DT Cloud Star Acquisition Co. | New | 0.07% | +0.07 |
| PARAA Paramount Global Class B | Add +32.3% | 0.24% | +0.07 |
| TGNA Tegna Inc. | New | 0.06% | +0.06 |
| WBD Warner Bros Discovery Inc. | Add +6.1% | 0.30% | +0.05 |
| EBS Emergent Biosolutions Inc. | New | 0.05% | +0.05 |
| JWN Nordstrom Inc. | Add +4.3% | 0.34% | +0.04 |
| MGM MGM Resorts International | New | 0.04% | +0.04 |
| VMO Invesco Municipal Opport | Add +7.1% | 0.36% | +0.04 |
| MERC Mercer International Inc. | Add +46.0% | 0.24% | +0.04 |
| DSM BNYM Strat Muni BND | Add +15.9% | 0.17% | +0.03 |
| TSEOQ Trinseo PLC | New | 0.03% | +0.03 |
| AFB Allianceberstein NTL Muni | Add +6.5% | 0.19% | +0.03 |
| MHN BlackRock Muniholding NY QLT | Add +5.7% | 0.23% | +0.03 |
| DMB BNY Mellon Muni BND Infra | Add +5.2% | 0.19% | +0.03 |
| KSS Kohls Corp. | Add +18.9% | 0.18% | +0.02 |
| MUE BlackRock Munihold QLT FD II | Add +6.0% | 0.15% | +0.02 |
| XBNYX BlackRock New York Muni Inc. | Add +9.4% | 0.13% | +0.02 |
| SBI Western Asset Intermediate | Add +1.2% | 0.20% | +0.02 |
| CXE MFS High Income Municipal TR | Add +9.9% | 0.06% | +0.01 |
| ESPR Esperion Therapeutics Inc. | New | 0.01% | +0.01 |
| XNOMX Nuveen Mo QLTY Muni Inc. | Add +24.4% | 0.02% | +0.01 |
| CXH MFS Investment Grade Muni | Add +1.6% | 0.06% | +0.00 |
| SVC Service Pptys TR | Add +4.9% | 0.41% | −0.02 |
Options Activity Q2 2024 → Q3 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -5.0% | 968,800 | $555.9M |
| KKR KKR & Co. Inc. | put | Add +300.0% | 800,000 | $104.5M |
| XOP SS SPDR S&P Og Exp & Prod | put | New | 550,000 | $72.3M |
| OIH Vaneck Oil Services ETF | put | Add +66.7% | 250,000 | $70.9M |
| AAPL Apple Inc. | put | Add +100.0% | 300,000 | $69.9M |
| IWM iShares Russell 2000 ETF | put | New | 300,000 | $66.3M |
| LUMN Lumen Technologies Inc. | put | Add +286.7% | 5,800,000 | $41.2M |
| CNK Cinemark Holdings Inc. | put | New | 1,000,000 | $27.8M |
| HLF Herbalife Ltd. | put | Add +100.0% | 3,000,000 | $21.6M |
| WOLF Wolfspeed Inc. | put | Add +100.0% | 2,000,000 | $19.4M |
| CHTR Charter Communications Inc. Class A | call | Sold out | 50,000 | $14.9Mbefore exit |
| BYND Beyond Meat Inc. | put | Reduce -28.1% | 2,050,000 | $13.9M |
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -2.6% | 22,100 | $10.8M |
| AMC AMC Entertainment HLDS Class A | put | Add +29.4% | 2,200,000 | $10.0M |
| NOVAQ Sunnova Energy International | put | Reduce -20.0% | 800,000 | $7.8M |
| UPST Upstart Holdings Inc. | put | Reduce -66.7% | 100,000 | $4.0M |
| JBLU Jetblue Airways Corp. | call | New | 500,000 | $3.3M |
| MPT Medical Properties Trust Inc. | put | New | 500,000 | $2.9M |
| MAXNQ Maxeon Solar Technologie | put | Sold out | 2,416,000 | $2.1Mbefore exit |
| LCID Lucid Group Inc. | put | Sold out | 700,000 | $1.8Mbefore exit |
| UP Wheels Up Experience Inc. | put | Sold out | 541,100 | $1.0Mbefore exit |
| SAVEQ Spirit Airlines Inc. | call | New | 300,000 | $720K |
| EAF Graftech International Ltd. | call | Sold out | 500,000 | $485Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | Sold out | 71,300,000 | $230.0Mbefore exit |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | Add +82.2% | 62,024,000 | $142.3M |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | Reduce -5.9% | 96,220,000 | $131.1M |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | Reduce -23.6% | 58,100,000 | $121.0M |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | Reduce -24.2% | 57,950,000 | $81.9M |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | Reduce -23.1% | 66,470,000 | $68.2M |
| SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) | NOTE 0.250%12/0 · principal | Reduce -4.1% | 79,902,000 | $59.1M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Reduce -6.0% | 39,000,000 | $57.1M |
| BREAD FINANCIAL HLDGS (BFH 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | Sold out | 42,543,000 | $56.6Mbefore exit |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Add +10.8% | 35,750,000 | $52.6M |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Add +107.1% | 43,500,000 | $52.1M |
| ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) | NOTE 4.000% 3/1 · principal | Reduce -1.0% | 50,200,000 | $50.6M |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | Add +72.5% | 25,482,000 | $50.5M |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | Add +39.0% | 37,450,000 | $47.1M |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Reduce -9.0% | 30,250,000 | $36.4M |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Add +46.6% | 43,287,000 | $32.1M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Sold out | 600,000 | $29.7Mbefore exit |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Add +6.5% | 25,017,000 | $29.0M |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | Add +3.9% | 33,235,000 | $28.2M |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | New | 35,884,000 | $26.3M |
| ZYNEX INC (ZYXI 5 05/15/26) | NOTE 5.000% 5/1 · principal | Add +11.1% | 25,000,000 | $24.5M |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | New | 26,000,000 | $22.6M |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | New | 16,074,000 | $19.5M |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | New | 20,000,000 | $19.0M |
| INFINERA CORP (INFN 3.75 08/01/28) | NOTE 3.750% 8/0 · principal | Sold out | 17,000,000 | $18.4Mbefore exit |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | Reduce -9.2% | 19,715,000 | $18.1M |
| ZILLOW GROUP INC (Z 1.375 09/01/26) | NOTE 1.375% 9/0 · principal | Sold out | 14,883,000 | $17.9Mbefore exit |
| LUMINAR TECHNOLOGIES INC (LAZR 11.5 01/15/30) | DEBT 11.500% 1/1 · principal | New | 25,753,000 | $16.7M |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | Add +6.9% | 15,500,000 | $16.1M |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Add +118.2% | 12,000,000 | $11.7M |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | New | 12,500,000 | $11.4M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Reduce -46.4% | 8,668,000 | $10.6M |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | Reduce -17.4% | 62,998,000 | $10.4M |
| ENCORE CAPITAL GROUP INC (ECPG 3.25 10/01/25) | NOTE 3.250%10/0 · principal | Reduce -24.9% | 7,550,000 | $9.6M |
| MARA HOLDINGS INC (MARA 1 12/01/26) | NOTE 1.000%12/0 · principal | Reduce -63.9% | 10,755,000 | $9.5M |
| TPI COMPOSITES INC (TPIC 5.25 03/15/28) | NOTE 5.250% 3/1 · principal | Add +32.8% | 16,201,000 | $8.9M |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | Reduce -75.7% | 7,861,000 | $7.0M |
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | Sold out | 8,576,000 | $6.9Mbefore exit |
| OMEROS CORP (OMER 5.25 02/15/26) | NOTE 5.250% 2/1 · principal | Reduce -22.7% | 8,500,000 | $5.7M |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | New | 6,000,000 | $5.5M |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | Reduce -42.2% | 7,639,000 | $5.3M |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | Sold out | 5,000,000 | $3.7Mbefore exit |
| SPIRIT AIRLINES INC (SAVE 1 05/15/26) | NOTE 1.000% 5/1 · principal | New | 9,577,000 | $2.9M |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | Reduce -38.1% | 3,250,000 | $2.1M |
| CUTERA INC (CUTR 4 06/01/29) | NOTE 4.000% 6/0 · principal | Reduce -8.8% | 10,390,000 | $1.7M |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | Reduce -27.1% | 515,114 | $1.1M |
| CUTERA INC (CUTR 2.25 06/01/28) | NOTE 2.250% 6/0 · principal | Sold out | 3,800,000 | $720Kbefore exit |
| SABLE OFFSHORE CORP | *W EXP 02/14/202 | Sold out | 29,958 | $128Kbefore exit |
| WESTW Westrock Coffee Holdings- 27 | *W EXP 08/29/202 | Sold out | 50,000 | $111Kbefore exit |
| LUNRW Intuitive Machines Inc.-CW | *W EXP 99/99/999 | Sold out | 75,000 | $51Kbefore exit |
Showing the first 50 of 86.
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 | 306 | $1.9B | PEN, TECH, WBS, CZR, AZUL |
| Q1 2026Amended | 276 | $1.8B | GTLS, PEN, WBS, SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29), LBRDK |
| Q4 2025Amended | 233 | $1.6B | SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29), CADE, GTLS, CMA, CYBR |
| Q3 2025Amended | 185 | $1.5B | VRNA, SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29), LBRDK, CYBR, COOP |
| Q2 2025Amended | 165 | $1.4B | SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29), LBRDK, CHX, COOP, AZEK |
| Q1 2025Amended | 126 | $1.2B | SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29), BERY, LBRDK, SPY, CHX |
| Q4 2024Amended | 94 | $579.3M | LBRDK, PPLI, TFPM, HEI.A, GRFS |
| Q3 2024Amended | 94 | $721.0M | LBRDK, TFPM, PPLI, GRFS, HEI.A |
| Q2 2024Amended | 98 | $745.0M | LBRDK, PPLI, TFPM, VAL, CHRD |
| Q1 2024Amended | 87 | $773.4M | LBRDK, PPLI, TFPM, AESI, VAL |