Whitebox Advisors LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Whitebox Advisors LLC reported 306 stock positions worth $1.9 billion. Its top holding was Penumbra (PEN) at 8.3% of the portfolio, followed by Bio-Techne (TECH, 7.7%) and Webster Financial (WBS, 6.2%). Compared with Q1 2026, it opened 69 new positions, sold out of 37, added to 23 and reduced 28. The biggest buy was a new position in Bio-Techne (TECH) and the biggest sale Chart Industries (GTLS, shares −87%).

Most Recent 13F
Q2 2026
Location
MINNEAPOLIS, MN
CIK
0001257391
Portfolio Value
$1.9B (Q2 2026)
SEC Filing
0001257391-26-000006 ↗ filed Aug 14, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $773.4M Q1 2024 Q2 2024: $745.0M Q2 2024 Q3 2024: $721.0M Q3 2024 Q4 2024: $579.3M Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.4B Q2 2025 Q3 2025: $1.5B Q3 2025 Q4 2025: $1.6B Q4 2025 Q1 2026: $1.8B Q1 2026 Q2 2026: $1.9B $1.9B Q2 2026

Holdings 306 stocks · $1.9B
PEN Penumbra Inc. 8.34% 506,881 $160.0M Add +13.9%
TECH Bio-Techne Corp. 7.73% 2,100,001 $148.4M New
WBS Webster Financial Corp. 6.21% 1,560,001 $119.2M Reduce -19.0%
CZR Caesars Entertainment Inc. 5.31% 3,379,426 $102.0M Add +2886.3%
AZUL Azul SA-Spon ADR 3.92% 8,362,136 $75.2M New
VAL Valaris Ltd. 3.22% 850,696 $61.8M Add +45.7%
APGE Apogee Therapeutics Inc. 3.11% 450,001 $59.7M New
GPOR Gulfport Energy Corp. 2.43% 274,627 $46.6M Add +25.0%
TFPM Triple Flag Precious Met 2.37% 1,518,950 $45.5M No change
WBD Warner Bros Discovery Inc. 2.12% 1,525,001 $40.7M Reduce -5.6%
HEI.A Heico Corp. Class A 1.78% 132,104 $34.1M Add +5.9%
NUVL Nuvalent Inc. Class A 1.77% 275,001 $34.0M New
OPI Office Properties Income Tru 1.55% 1,748,605 $29.7M New
LLYVK Liberty Live Holdings Class C 1.20% 217,989 $23.0M Add +35.0%
GTLS Chart Industries Inc. 1.09% 100,046 $20.9M Reduce -86.8%
SVC Service Pptys TR 0.84% 9,581,711 $16.2M Add +154.0%
CHRD Chord Energy Corp. 0.74% 124,476 $14.2M Reduce -21.9%
SM SM Energy Co. 0.68% 496,601 $13.0M Reduce -17.6%
CYH Community Health Systems Inc. 0.65% 3,732,743 $12.5M Add +19.3%
DCH Dauch Corporation 0.61% 2,158,683 $11.7M Reduce -5.9%
LBRDA Liberty Broadband-A 0.60% 348,076 $11.6M No change
BLCO Bausch + Lomb Corp. 0.59% 686,976 $11.4M Reduce -37.6%
GRFS Grifols SA-ADR 0.59% 1,603,483 $11.4M Reduce -22.4%
FOX Fox Corp. Class B 0.49% 198,874 $9.3M Add +13.5%
UP Wheels Up Experience Inc. 0.48% 1,021,597 $9.2M New
NWSA News Corp. Class A 0.44% 343,120 $8.5M Add +400.9%
VNME Vendome Acquisition Corp. Class A 0.44% 825,000 $8.4M No change
TACH Titan Acquisition Corp. Class A 0.43% 800,000 $8.3M No change
GIW GIGCAPITAL8 Corp. Class A 0.42% 800,000 $8.1M No change
IACO Idea Acquisition Corp. Class-A 0.41% 797,378 $7.9M No change
FERA Fifth Era Acquisition Corp. Class A 0.41% 750,000 $7.8M No change
HAVA Harvard Ave Acquisition Class A 0.39% 750,000 $7.6M No change
XCBE X3 Acquisition Corp. Ltd. Class A 0.36% 700,000 $7.0M No change
PONO Pono Capital Four Inc. Class A 0.36% 700,000 $7.0M No change
GT Goodyear Tire & Rubber Co. 0.35% 1,030,739 $6.8M Add +18.3%
LBRDK Liberty Broadband-C 0.35% 204,475 $6.8M Reduce -86.2%
BCAR D. Boral Arc Acquisit Class A 0.35% 650,000 $6.8M No change
SZZL Sizzle Acquisition Corp. Class A 0.35% 650,000 $6.7M No change
SOUL Soulpower Acquisition Co. Class A 0.35% 650,000 $6.7M No change
MGM MGM Resorts International 0.34% 137,596 $6.6M Reduce -26.4%
UAA Under Armour Inc. Class A 0.34% 1,028,992 $6.6M Reduce -13.3%
VOYG Voyager Technologies Inc. Class A 0.33% 196,156 $6.3M New
ACI Albertsons Cos Inc. Class A 0.33% 461,502 $6.2M Add +41.3%
WENN Wen Acquisition Corp. Class A 0.32% 600,000 $6.2M No change
BEP Brookfield Renewable Partner 0.31% 170,000 $5.9M No change
RYAAY Ryanair Holdings PLC-SP ADR 0.30% 89,628 $5.8M New
AACI Armada Acq Corp. III-A 0.29% 550,000 $5.5M No change
MYX Maywood Acquisition C2-Class-A 0.28% 550,000 $5.4M New
NPAC New Providence Acquisition-A 0.27% 500,000 $5.2M No change
NCMI National Cinemedia Inc. 0.27% 1,342,084 $5.1M Add +8.1%
YCY Aa Mission Acquisition-A 0.26% 500,000 $5.1M No change
RNGT Range Capital Acquisit Class A 0.26% 500,000 $5.1M No change
DBCA D. Boral Acquisition I Class A 0.26% 500,000 $5.0M No change
CCO Clear Channel Outdoor Holdin 0.25% 2,003,835 $4.8M No change
SAGU Shreya Acquisition Grou Class A 0.24% 475,000 $4.7M New
CEPF Cantor Equity Partners Class A 0.24% 450,000 $4.7M No change
ARCL Arc Group Acquisition I Corp. 0.24% 460,000 $4.5M New
DMII Drugs Made in America Acquis 0.24% 450,000 $4.5M No change
HACQ HCM IV Acquisition Corp. Class-A 0.24% 450,000 $4.5M No change
BEBE Tge Value Creative Solu Class A 0.23% 450,000 $4.5M No change
ACAA Averin Cap Acquisitio C Class-A 0.23% 450,000 $4.5M No change
ILLU Illumination Acquisitio Class A 0.23% 450,000 $4.5M No change
RREV Rre Ventures Acqui Corp. Class-A 0.23% 450,000 $4.4M New
CHAR Charlton Aria Acquisiti Class A 0.22% 399,000 $4.3M No change
FTHAU Forefront Tech Holdings Acqu 0.22% 420,000 $4.3M New
ALDF Aldel Financial II Inc. 0.22% 400,000 $4.3M No change
BEAG Bold Eagle Acquisition Cor-A 0.22% 400,000 $4.3M No change
ELBM Electra Battery Materials Co. 0.22% 6,892,107 $4.2M Reduce -15.9%
SVCC Stellar V Capital Corp. Class A 0.22% 400,000 $4.2M No change
DRDB Roman DBDR Acquisition Corp. 0.22% 400,000 $4.2M No change
RAC Rithm Acquisition Corp. Class A 0.22% 400,000 $4.2M No change
CCAQ Collective Acquisition Corp. 0.22% 400,000 $4.2M No change
DAAQ Digital Asset Acquisiti Class A 0.22% 400,000 $4.2M No change
LKSP Lake Superior Acquisiti Class A 0.21% 405,103 $4.1M No change
EVAC Eqv Ventures Acquisition C-A 0.21% 400,000 $4.1M No change
NOEM CO2 Energy Transition Corp. 0.21% 390,000 $4.1M No change
KCA.U Kensington Capital Acquisiti 0.21% 400,000 $4.1M No change
IPXG Inflection Point Acquisition filed as COLUMBUS CIRCLE CAP CORP II 0.21% 400,000 $4.1M No change
FTRA.U Futurecorp Space Acquisition 0.21% 400,000 $4.1M New
GUACU Berto Acquisition Corp. II 0.21% 400,000 $4.0M New
EMIS Emmis Acquisition Corp. Class A 0.21% 400,000 $4.0M No change
MMTX Miluna Acquisition Class A 0.21% 400,000 $4.0M No change
OTAI.U Starlink AI Acquisition Corp. 0.21% 400,000 $4.0M New
ATLQU Jab Acquisition Corp. I 0.21% 400,000 $4.0M New
ALPXU Alpex Acquisition Corp. 0.21% 400,000 $4.0M New
ETSS.U Energy Transition Special Op 0.21% 400,000 $4.0M New
PTACU Patriot Acquisition Corp. 0.21% 400,000 $4.0M New
NTWO Newbury Street II Ac Class A 0.21% 375,000 $4.0M No change
AACP Apogee Acquisition Corp. Class A 0.21% 400,000 $4.0M New
WLCOU Wilco 63 Corp.-Unit 0.21% 400,000 $4.0M New
ALOV Aldabra 4 Liquidity Opp Class A 0.21% 400,000 $4.0M No change
VECA Vernal Capital Acqui Corp. 0.21% 400,000 $4.0M New
FGII FG Imperii Acquisition Class A 0.21% 400,000 $4.0M No change
MLAA Mountain Lake Acquisiti Class A 0.21% 400,000 $4.0M No change
QLEP Quantum Leap Acqui Cor Class A 0.21% 400,000 $4.0M New
PTOR Praetorian Acquisition Cor-A 0.21% 400,000 $4.0M No change
IPVVU Interprivate Investment Part 0.21% 400,000 $4.0M New
SORN Soren Acquisition Corp. Class A 0.21% 400,000 $4.0M No change
BREZ Breeze Acquisition Cor -Ord 0.21% 400,000 $4.0M New
CAQ Cambridge Acquisition Corp. Class A 0.21% 400,000 $4.0M No change
GSRVU GSR V Acquisition Corp. 0.20% 390,000 $3.9M New
RFAM RF Acquisition Corp. III 0.20% 387,000 $3.8M New
XSLL Xsolla Spac 1 Class A 0.20% 385,000 $3.8M No change
LPBB Launch Two Acquisition Class A 0.20% 350,000 $3.8M No change
IRAB Iris Acquisition Corp. I Class A 0.19% 375,200 $3.7M No change
AESPU Aeon Acquisition I Corp. 0.19% 365,000 $3.7M New
OTGA Otg Acquisition Corp. I Class A 0.19% 350,000 $3.6M No change
IDACU Iron Dome Acquisition I Corp. 0.18% 350,000 $3.5M New
KEYYU Keystone Acquisition Corp. 0.18% 350,000 $3.5M New
IRHO Iron Horse Acquisitions Corp. 0.18% 350,000 $3.5M No change
BRKHU Burtech Acquisition Corp. II 0.18% 350,000 $3.5M New
ISNRU Snow Rothschild Acquisition 0.18% 350,000 $3.5M New
CGCFU Cartesian Growth Corp. IV 0.18% 350,000 $3.5M New
FMAC Future Money Acquisition Cor 0.18% 350,000 $3.5M No change
ZKP Lafayette Digital Acquisitio 0.18% 350,000 $3.5M No change
TRAD Apex Tech Acquisition Inc. 0.18% 350,000 $3.5M No change
BIDWU Tribeca Strategic Acquisitio 0.18% 350,000 $3.5M New
BWIV Blue Water Acquisition Class A filed as BLUE WTR ACQUISITION CORP IV 0.18% 350,000 $3.5M No change
HCIC Hennessy Capital Invest-A 0.18% 344,434 $3.4M Add +138.5%
MFM Aberdeen Municipal Income 0.17% 575,062 $3.2M Add +360.1%
OHAC Oceanhawk Acquisition Corp. Class A 0.17% 325,000 $3.2M New
COPL Copley Acquisition Corp. Class A 0.16% 300,000 $3.1M No change
GSHR Gesher Acquisition Corp. II-A 0.16% 300,000 $3.1M No change
IPCX Inflection Point Acquisiti-A 0.16% 300,000 $3.1M No change
RDAG Republic Digital Acquis Class A 0.16% 300,000 $3.1M No change
TLNC Talon Capital Corp. Class A 0.16% 300,000 $3.1M No change
CLBR Colombier Acq III Class A 0.16% 300,000 $3.1M No change
PACH Pioneer Acquisition I Class A 0.16% 300,000 $3.1M No change
PAII Pyrophyte Acquisition Corp. Class A 0.16% 300,000 $3.1M No change
CSTM Constellium SE 0.16% 95,672 $3.0M Reduce -72.4%
BHC Bausch Health Cos Inc. 0.16% 614,672 $3.0M Add +8.8%
CAES Cantor Equity Partners Vii-A 0.16% 300,000 $3.0M Add +3.5%
SVAQ Silicon Valley Acquisit Class A 0.16% 300,000 $3.0M No change
COLO Global X MSCI Colombia ETF 0.16% 72,542 $3.0M Add +5.1%
APXT Apex Treasury Corp. Class A 0.16% 300,000 $3.0M No change
CAIIU Collective Acquisition Corp. 0.16% 300,000 $3.0M New
FWACU Futurewave Acquisition Corp. 0.16% 300,000 $3.0M New
ADAC American Drive Acquisit Class A 0.16% 300,000 $3.0M No change
EVOX Evolution Global Acquis Class A 0.16% 300,000 $3.0M No change
WPAC White Pearl Acquisition Co. Class A 0.16% 300,000 $3.0M No change
MESH Meshflow Acquisition Co. Class A 0.16% 300,000 $3.0M No change
AEAQ Activate Energy Acquisitio-A 0.16% 300,000 $3.0M No change
GPAC General Purpose Acquisit-A 0.16% 300,000 $3.0M No change
LPCV Launchpad Cadenza Acqui Class A 0.16% 300,000 $3.0M No change
TVIVU Texas Ventures Acquisition I 0.16% 300,000 $3.0M New
SHOTU RMG ML Sports Holdings 0.16% 300,000 $3.0M New
VHCP Vine Hill Capital Inves Class A 0.16% 300,000 $3.0M No change
PAAC Proem Acquisition Corp. I 0.16% 300,000 $3.0M No change
LEGO Legato Merger Corp. IV 0.16% 300,000 $3.0M No change
CTAA Clearthink 1 Acquisitio Class A 0.15% 300,000 $3.0M No change
PALO Paloma Acquisition Cor Class-A 0.15% 300,000 $3.0M No change
AACO Abony Acquisition Corp. I-A 0.15% 300,000 $3.0M No change
APUR Aperture Ac Class A 0.15% 300,000 $3.0M New
MCAH Mountain Crest Acquisition 6 0.15% 285,000 $2.8M New
NBRG Newbridge Acquisition Ltd. Class A 0.15% 280,000 $2.8M No change
CHEC Chenghe Acquisition II Class A 0.15% 275,000 $2.8M No change
PNI PIMCO NY Muni Inc. II FND 0.14% 387,958 $2.8M No change
BIII Black Spade Acquisition Class A 0.14% 276,200 $2.7M No change
MYN BlackRock Muniyield NY QLTY 0.14% 270,047 $2.7M Reduce -1.3%
NHIC Newhold Investment Cor III-A 0.14% 249,574 $2.7M Reduce -0.2%
LPAA Launch One Acquisition Corp. 0.14% 250,000 $2.7M No change
ATII Archimedes Tech Spac Partner 0.14% 250,000 $2.7M No change
OACC Oaktree Acquisition Corp. I-A 0.14% 250,000 $2.7M No change
ONCH 1RT Acquisition Corp. Class A 0.14% 260,000 $2.7M No change
FACT Fact II Acquisition Corp. 0.14% 250,000 $2.7M No change
SABR Sabre Corp. 0.14% 1,266,379 $2.6M Reduce -0.5%
UAC United Acquisition Corp. I-A 0.13% 260,000 $2.6M No change
BLUW Blue Water Acquisition C-A filed as BLUE WTR ACQUISITION CORP. I 0.13% 250,000 $2.6M No change
OYSE Oyster Enterprises II Acq-A 0.13% 250,000 $2.6M No change
SPEG Silver Pegasus Acquisition-A 0.13% 250,000 $2.6M No change
NSTR Northstar Earth & Space Ente filed as VIKING ACQUISITION CORP I 0.13% 250,000 $2.6M No change
XPCQX PIMCO California Muni Inc. FD 0.13% 284,471 $2.6M No change
WSTN Westin Acquisition Corp. Class A 0.13% 250,000 $2.5M No change
LAFA Lafayette Acquisition Corp. 0.13% 250,000 $2.5M No change
SAC Safeguard Acquisition C Class A 0.13% 250,000 $2.5M No change
AAC.U Ares Acquisition Corp. III 0.13% 250,000 $2.5M New
FXACU Fortunex Acquisition Corp. 0.13% 250,000 $2.5M New
YICCU Yorkville International Capi 0.13% 250,000 $2.5M New
IGAC Invest Green Acquisitio Class A 0.13% 250,000 $2.5M No change
LTGRU Long Table Growth Corp. 0.13% 250,000 $2.5M New
NHIV Newhold Investment Corp. IV-A 0.13% 250,000 $2.5M New
MZYX Mozayyx Acquisition Cor Class A 0.13% 250,000 $2.5M No change
PLUN Plutonian Acqin Corp. II Class A 0.13% 250,000 $2.5M New
QRED Quasaredge Acquisition Corp. 0.13% 250,000 $2.5M New
MUZE Muzero Acquisition Corp. Class A 0.13% 250,000 $2.5M No change
MEVO M Evo Global Acquisitio Class A filed as M EVO GBL ACQUISITION CORP I 0.13% 250,000 $2.5M No change
KFII K&F Growth Acquisition Cor-A 0.12% 225,000 $2.4M No change
GHXIU Gores Holdings Xi Inc. 0.12% 229,527 $2.3M New
LCCC Lakeshore Acquisition III Co. 0.12% 218,500 $2.3M No change
CRAN Crane Harbor Acquisitio Class A 0.11% 217,635 $2.2M No change
SIRI Sirius XM Holdings Inc. 0.11% 74,443 $2.2M Reduce -51.6%
BLRK Bluerock Acquisition Corp. Class A 0.11% 218,525 $2.2M No change
POLE Andretti Acquisition Corp. Class A 0.11% 200,000 $2.1M No change
SCPQ Social Commerce Partner Class-A 0.11% 214,400 $2.1M No change
SSAC Spacsphere Acquisition Class A 0.11% 212,043 $2.1M No change
ONEN One Nuclear Energy Inc. filed as HENNESSY CAP INVT CORP VII 0.11% 200,000 $2.1M No change
XRPN Armada Acquisition Class A 0.11% 200,000 $2.1M No change
SBXE Silverbox Corp. V Class A 0.11% 206,900 $2.1M No change
TVAI Thayer Ventures Acquis Class A 0.11% 200,000 $2.1M No change
OCAC.U Ocean Capital Acquisition Co. 0.11% 200,000 $2.0M New
SVIV Spring Valley Acquisitio-A 0.11% 200,000 $2.0M No change
ALIS Calisa Acquisition Corp. 0.11% 200,000 $2.0M No change
BPAC Blueport Acquisition LT Class A 0.11% 200,000 $2.0M No change
FVAV Fortress Value Acquis V Class A 0.11% 200,000 $2.0M No change
LATA Galata Acqu Corp. II Class A 0.11% 200,000 $2.0M No change
DSAC Daedalus Special Acquis Class A 0.11% 200,000 $2.0M No change
WENC.U West Enclave Merger Corp. 0.11% 200,000 $2.0M New
ALUB Alussa Energy Acquisit II-A 0.10% 200,000 $2.0M No change
APMCU Ampercap Acquisition Co. Class U 0.10% 200,000 $2.0M New
TMTS Spartacus Acquisition C Class A 0.10% 200,000 $2.0M No change
KRAQ Krakacquisition Corp. Class A 0.10% 200,000 $2.0M No change
BIXI Bitcoin Infrastructure Class A 0.10% 200,000 $2.0M No change
DNMX Dynamix Corp. III Class A 0.10% 200,000 $2.0M No change
IACQ Irenic Acquisition Corp. Class-A 0.10% 200,000 $2.0M New
KPET Kpet Ultra Paceline Cor Class A 0.10% 200,000 $2.0M No change
KTWO K2 Capital Acquisition Class A filed as K2 CAP ACQUISITION CORP 0.10% 200,000 $2.0M No change
GLED Galaxyedge Acquisition Corp. 0.10% 200,000 $2.0M No change
MBI Mbia Inc. 0.10% 304,461 $2.0M No change
TRGS TRG Latin America Class A 0.10% 200,000 $2.0M No change
JACS Jackson Acquisition Co. Class A 0.10% 175,000 $1.9M No change
BACC Blue Acquisition Corp. Class A 0.10% 175,000 $1.9M No change
AXIN Axiom Intelligence Class A 0.09% 175,000 $1.8M No change
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.09% 12,525 $1.8M Add +3.3%
INAC Indigo Acquisition Corp. 0.09% 175,000 $1.8M No change
CEPO Cantor Equity Partners I-A 0.09% 200,000 $1.8M No change
SBI Western Asset Intermediate 0.08% 204,801 $1.6M No change
KRG Kite Realty Group Trust 0.08% 56,000 $1.6M New
WTG Wintergreen Acquisition Corp. 0.08% 150,000 $1.6M No change
CHPG Championsgate Acquisitio-A 0.08% 150,000 $1.6M No change
JENA Jena Acquisition Corp. II - A 0.08% 150,000 $1.6M No change
BBCQ Bleichroeder Acquis II Class A 0.08% 150,000 $1.5M No change
GTERA Globa Terra Acquisition Co. Class A 0.08% 150,000 $1.5M No change
CRAQ Cal Redwood Acquisit Class A 0.08% 150,000 $1.5M No change
FCRS Futurecrest Acquisition Class A 0.08% 150,000 $1.5M No change
EGHA Egh Acquisition Co. Class A 0.08% 150,000 $1.5M No change
GFUZ General Fusion Group Ltd. filed as SPRING VY ACQUISITION CORP I 0.08% 150,000 $1.5M No change
SSEA Starry Sea Acquisition Corp. 0.08% 150,000 $1.5M No change
FIGX Figx Capital Acquisition C-A 0.08% 150,000 $1.5M No change
KOYN CSLM Digital Asset Acqu - A 0.08% 150,000 $1.5M No change
MBVI M3-Brigade Acquisition Class A 0.08% 150,000 $1.5M No change
HCAC Hall Chadwick Acquisition-A 0.08% 150,000 $1.5M No change
TWLV Twelve Seas Investment Co. Class A 0.08% 150,000 $1.5M No change
ACGC Acp Holdings Acquisitio Class A 0.08% 150,000 $1.5M New
DYOR Insight Digital Partners I-A 0.08% 145,682 $1.5M No change
R Ryder System Inc. 0.07% 5,402 $1.4M Reduce -37.9%
FISV Fiserv Inc. 0.07% 28,958 $1.4M Add +54.8%
VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP 0.07% 130,000 $1.4M No change
IPEX Inflection Point Acquisition 0.07% 125,000 $1.3M No change
CCII Cohen Circle Acquisit II - A 0.07% 125,000 $1.3M No change
LWAC Lightwave Acquisition Corp. Class A 0.07% 125,000 $1.3M No change
IHRT Iheartmedia Inc. Class A 0.07% 295,950 $1.3M Reduce -26.0%
ARTC Art Technology Acquisit Class A 0.07% 126,066 $1.3M No change
PSFE Paysafe Ltd. 0.06% 166,813 $1.2M Add +38.6%
COMP Compass Inc. Class A 0.06% 97,894 $1.2M Reduce -36.8%
FVN Future Vision II Acquisition 0.06% 100,000 $1.1M No change
CXII Churchill Capital Corp. Class A 0.06% 100,000 $1.1M New
HCMA HCM III Acquisition Cor Class A 0.05% 100,000 $1.0M No change
SOCA Solarius Capital Acquis Class A 0.05% 100,000 $1.0M No change
WLII Willow Lane Acquisition Class A 0.05% 100,000 $1.0M No change
OBA Oxley Bridge Acquisitio Class A 0.05% 100,000 $1.0M No change
MCGA Yorkville Acquisition Corp. Class A 0.05% 100,000 $1.0M No change
SAAQ Space Asset Acquisition Class A 0.05% 100,000 $1.0M No change
HVMC Highview Merger Corp. Class A 0.05% 100,000 $1.0M No change
MKLY McKinley Acquisition Co. Class A 0.05% 100,000 $1.0M No change
MTAL Metals Acquisition II Class A 0.05% 100,000 $1.0M No change
BLZR Trailblazer Acquisition Class A 0.05% 100,000 $1.0M No change
BDCI BTC Development Corp. Class A 0.05% 100,000 $1.0M No change
OIM Oneim Acquisition Class-A 0.05% 100,000 $1.0M No change
TDWD Tailwind 2.0 Acquisitio Class A 0.05% 100,000 $1.0M No change
SCII SC II Acquisition Corp. Class A 0.05% 100,000 $1.0M No change
ARCI Archimedes Tech Spac Partner 0.05% 100,000 $1.0M No change
ITHA Ithax Acquisition Corp. Class A 0.05% 100,000 $998K No change
EPU iShares MSCI Peru and Global 0.05% 11,900 $994K New
PECE Peace Acquisition Corp. 0.05% 100,000 $992K New
QADR Qdro Acquisition Corp. Class A 0.05% 100,000 $991K No change
SUMA Suma Acquisition Corp. Class A 0.05% 100,000 $989K No change
MTNE CH4 Natural Solutions Acqu-A 0.05% 100,000 $985K New
MERC Mercer International Inc. 0.05% 1,468,738 $969K Add +38.9%
CAR Avis Budget Group Inc. 0.05% 6,341 $937K Reduce -33.2%
HPP Hudson Pacific Properties Inc. 0.05% 59,080 $897K Reduce -68.8%
CEPS Cantor Equity Partners Vi -A 0.04% 75,000 $778K No change
LFAC Leapfrog Acquisition Class A 0.04% 75,000 $750K No change
DXC DXC Technology Co. 0.04% 83,255 $737K New
ENR Energizer Holdings Inc. 0.04% 34,105 $731K New
PCAP Procap Acquisition Corp. Class A 0.04% 70,281 $722K No change
CCXI Churchill Capital Corp. Class A 0.04% 40,000 $698K Reduce -60.0%
PENN Penn Entertainment Inc. 0.03% 31,065 $664K Reduce -36.7%
CE Celanese Corp. 0.03% 14,056 $647K Add +25.4%
GLND Greenland Energy Co. 0.03% 289,133 $636K New
ACHC Acadia Healthcare Co. Inc. 0.03% 21,355 $631K Reduce -28.7%
FUN Six Flags Entertainment Corp. 0.03% 27,880 $594K Reduce -30.6%
IPFX Inflection Point Acqui Class-A 0.03% 56,400 $583K New
CEPV Cantor Equity Partners Class A 0.03% 50,000 $516K No change
MHD BlackRock Muniholdings Fund 0.02% 39,677 $472K No change
KLXE KLX Energy Services Holding 0.02% 179,058 $462K No change
NMG Nouveau Monde Graphite Inc. 0.02% 291,600 $437K New
NWAX New America Acquisition Class A 0.02% 35,000 $355K No change
BTU Peabody Energy Corp. 0.02% 15,250 $353K New
ARGT Global X MSCI Argentina ETF 0.02% 3,750 $342K New
BAX Baxter International Inc. 0.02% 14,430 $308K Reduce -15.8%
BUR Burford Capital Ltd. 0.01% 65,200 $267K New
PCG P G & E Corp. 0.01% 15,000 $252K No change
NBR Nabors Industries Ltd. 0.01% 2,877 $242K Reduce -48.9%
UCFI CN Healthy Food Tech Group C 0.01% 30,000 $165K No change
CLVT Clarivate PLC 0.00% 35,376 $76K New
DISTOKEN ACQUISITION CORP 0.00% 100,000 $135 No change

Options reported separately and not counted above: SPY puts ($373.4M), IWM puts ($150.2M), NVDA puts ($140.1M), NBIS puts ($138.1M), SMCI puts ($120.3M), TSM puts ($95.5M), MU puts ($92.3M), AAPL puts ($72.3M), SMH puts ($65.6M), CRWV puts ($39.8M), MARA puts ($39.3M), WBD puts ($29.3M), and 12 more.

Other holdings (337): bonds, preferreds, convertibles and warrants · $4.3B (not counted above)
SecurityClassShares / PrincipalValueChange
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal 102,197,086$319.1MNo change
SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) NOTE 3.500%12/0 · principal 61,117,000$299.4MReduce -5.3%
SNOWFLAKE INC (SNOW 0 10/01/29) NOTE 10/0 · principal 145,307,000$256.9MAdd +1.8%
ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) NOTE 0.500% 6/0 · principal 192,400,000$226.9MAdd +20.3%
SUPER MICRO COMPUTER INC (SMCI 0 06/15/30) NOTE 6/1 · principal 240,250,000$213.2MNew
APPLIED DIGITAL CORP (APLD 2.75 06/01/30) NOTE 2.750% 6/0 · principal 50,700,000$201.9MReduce -16.6%
GAMESTOP CORP (GME 0 04/01/30) NOTE 4/0 · principal 194,350,000$198.0MNew
GAMESTOP CORP (GME 0 06/15/32) NOTE 6/1 · principal 174,000,000$176.3MNew
CLOUDFLARE INC (NET 0 06/15/30) NOTE 6/1 · principal 118,266,000$149.6MNew
COINBASE GLOBAL INC (COIN 0.25 04/01/30) NOTE 0.250% 4/0 · principal 164,456,000$147.4MAdd +36.5%
UBER TECHNOLOGIES INC (UBER 0 05/15/28) NOTE 5/1 · principal 125,000,000$144.3MNew
SNOWFLAKE INC (SNOW 0 10/01/27) NOTE 10/0 · principal 67,500,000$112.3MReduce -50.9%
TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) NOTE 0.750% 6/1 · principal 112,232,000$110.5MReduce -14.8%
GDS HLDGS LTD NOTE 2.250% 6/0 · principal 89,200,000$108.0MNew
STRATEGY INC (MSTR 2.25 06/15/32) NOTE 2.250% 6/1 · principal 112,000,000$107.8MNo change
CENTRUS ENERGY CORP (LEU 2.25 11/01/30) NOTE 2.250%11/0 · principal 45,600,000$90.3MNo change
WOLFSPEED INC (WOLF 2.5 06/15/31) NOTE 2.500% 6/1 · principal 21,396,000$84.0MReduce -0.7%
RIVIAN AUTO INC (RIVN 3.625 10/15/30) NOTE 3.625%10/1 · principal 77,237,000$82.3MNo change
JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) NOTE 2.500% 9/0 · principal 68,371,000$75.5MReduce -5.5%
SUPER MICRO COMPUTER INC (SMCI 7 06/01/29) 7 DEP CM SR A WI 1,400,000$72.7MNew
MARA HOLDINGS INC (MARA 0 03/01/30) NOTE 3/0 · principal 72,250,000$72.2MAdd +3.4%
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal 7,300,000$62.8MReduce -77.3%
MARA HOLDINGS INC (MARA 2.125 09/01/31) NOTE 2.125% 9/0 · principal 49,950,000$55.5MNo change
CLEANSPARK INC (CLSK 0 06/15/30) NOTE 6/1 · principal 41,635,000$54.3MAdd +45.4%
RUBRIK INC (RBRK 0 06/15/30) NOTE 6/1 · principal 52,436,000$53.5MNew
UPSTART HOLDINGS INC (UPST 1 11/15/30) NOTE 1.000%11/1 · principal 65,511,000$53.4MAdd +7.9%
STRATEGY INC (MSTR 0 03/01/30) NOTE 3/0 · principal 59,782,000$52.8MAdd +15.4%
UPSTART HOLDINGS INC (UPST 2 10/01/29) NOTE 2.000%10/0 · principal 41,400,000$47.2MReduce -36.2%
SITIME (SITM 0 06/15/31) NOTE 6/1 · principal 42,500,000$47.0MNew
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal 50,101,000$46.2MNew
ARRAY TECHNOLOGIES INC NOTE 2.875% 7/0 · principal 33,000,000$41.1MNew
MARA HOLDINGS INC (MARA 0 06/01/31) NOTE 6/0 · principal 42,000,000$40.7MReduce -19.2%
STRATEGY INC (MSTR 0.625 09/15/28) NOTE 0.625% 9/1 · principal 35,800,000$36.5MReduce -14.8%
ORACLE CORP (ORCL 6.5 01/15/29 D) 6.5 DEP CUM SR D 800,000$36.0MReduce -11.1%
ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) NOTE 4.000% 3/1 · principal 22,100,000$33.7MReduce -45.8%
HERBALIFE LTD (HLF 4.25 06/15/28) NOTE 4.250% 6/1 · principal 29,321,000$33.6MNo change
IREN LTD (IREN 3.25 06/15/30) NOTE 3.250% 6/1 · principal 9,764,000$28.5MNo change
FLUENCE ENERGY INC (FLNC 2.25 06/15/30) NOTE 2.250% 6/1 · principal 20,000,000$25.6MNo change
AMC GLOBAL MEDIA INC (AMCX 4.25 02/15/29 *) NOTE 4.250% 2/1 · principal 23,439,000$24.9MReduce -1.2%
IREN LTD (IREN 3.5 12/15/29 IREN) NOTE 3.500%12/1 · principal 5,450,000$19.2MNew
OMEROS CORP (OMER 9.5 06/15/29) NOTE 9.500% 6/1 · principal 9,533,000$17.7MReduce -47.1%
DOORDASH INC (DASH 0 05/15/30) NOTE 5/1 · principal 16,800,000$16.5MNew
SUNRUN INC (RUN 4 03/01/30) NOTE 4.000% 3/0 · principal 13,650,000$16.1MReduce -33.9%
GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) NOTE 3.250% 6/1 · principal 7,500,000$15.7MReduce -25.0%
XEROX HOLDINGS CORP (XRX 3.75 03/15/30) NOTE 3.750% 3/1 · principal 44,600,000$15.3MNo change
SEMTECH CORP (SMTC 1.625 11/01/27) NOTE 1.625%11/0 · principal 3,500,000$15.1MNo change
NIO INC (NIO 4.625 10/15/30) NOTE 4.625%10/1 · principal 13,700,000$13.7MAdd +37.0%
STRATEGY INC (MSTR 0.875 03/15/31) NOTE 0.875% 3/1 · principal 14,596,000$13.4MAdd +15.9%
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal 10,000,000$11.8MNew
T1 ENERGY INC (TE 5.25 12/01/30) NOTE 5.250%12/0 · principal 6,000,000$10.4MAdd +100.0%
GOLAR LNG LTD (GLNG 2.75 12/15/30) NOTE 2.750%12/1 · principal 9,000,000$10.2MNew
T1 ENERGY INC (TE 4 04/15/31) NOTE 4.000% 4/1 · principal 5,000,000$8.7MNew
WILLIS LEASE FINANCE COR (WLFC 2.5 05/15/31) NOTE 2.500% 5/1 · principal 7,000,000$7.6MNew
UPSTART HOLDINGS INC (UPST 0.25 08/15/26) NOTE 0.250% 8/1 · principal 7,604,000$7.5MNo change
GROUPON INC (GRPN 6.25 03/15/27 *) NOTE 6.250% 3/1 · principal 6,300,000$7.1MNo change
LYFT INC (LYFT 0.625 03/01/29) NOTE 0.625% 3/0 · principal 5,000,000$5.2MNew
STRATEGY INC (MSTR 0 12/01/29) NOTE 12/0 · principal 5,050,000$4.4MReduce -94.1%
HERTZ CORP/THE (HTZ 8 07/15/29) NOTE 8.000% 7/1 · principal 9,255,994$4.3MNo change
MAKEMYTRIP LIMITED (MMYT 0 07/01/30) NOTE 7/0 · principal 3,500,000$3.2MNew
LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) NOTE 1.500%12/1 · principal 240,000$3.0MReduce -99.7%
LIBERTY INTERACTIVE LLC (LINTA 3.75 02/15/30) DEB 3.750% 2/1 · principal 47,383,000$2.4MAdd +8.5%
EVOLENT HEALTH INC DEBT 4.500% 8/1 · principal 2,630,000$2.1MReduce -69.1%
VERITONE INC (VERI 1.75 11/15/26) NOTE 1.750%11/1 · principal 1,600,000$1.5MNo change
LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) DEB 4.000%11/1 · principal 28,930,000$1.4MAdd +32.6%
XRXDW Xerox Holdings Corp. *W EXP 02/11/202 4,653,853$1.3MAdd +33.9%
RAAQW REAL ASSET AQC Corp -30 *W EXP 04/24/203 250,000$905KNo change
STRATEGY INC (MSTR 8 PERP) SERIES A PERP PF 15,000$882KNew
IAUX.WS I-80 Gold Corp. -26 *W EXP 11/16/202 1,117,500$872KNo change
KYIVW Kyivstar Group Ltd. -30 *W EXP 08/14/203 100,000$641KNo change
NUCLW Eagle Nuclear Energy Corp. *W EXP 02/25/203 419,345$608KReduce -8.7%
BCARW D Boral Arc Acquisition - 30 *W EXP 07/23/203 325,000$588KNo change
GLNDW Greenland Energy Co. - 31 *W EXP 04/21/203 500,000$425KNew
DRTSW Alpha Tau Medical Ltd. -27 *W EXP 99/99/999 136,018$401KNo change
FACWW Cartesian Growth Corp. -30 *W EXP 06/04/203 275,000$374KNew
TACHW Titan Acquisition Corp -30 *W EXP 05/16/203 400,000$286KNo change
ATIIW Archimedes Tech-30 *W EXP 10/15/202 125,000$274KNo change
NHICW Newhold Investment Corp. - 30 *W EXP 01/30/203 125,000$263KNo change
FERAR Fifth Era Acquisition Corp. I RIGHT 02/21/2030 750,000$248KNo change
TDACW Translational Dev -A -CW26 *W EXP 12/18/202 152,500$217KNo change
GIWWR GIGCAPITAL8 Corp.-RTS RIGHT 09/30/2030 800,000$208KNo change
OPTXW Omnilit Acquisition Class A -23 *W EXP 99/99/999 69,750$178KNo change
IPXGW Columbus Circle Capital Corp. *W EXP 02/11/203 133,333$176KNew
ALISR Calisa Acquisition Corp. RIGHT 09/11/2030 200,000$160KNo change
PONOR Pono Capital Four Inc.-RTS RIGHT 02/20/2031 700,000$147KNew
FTW.WS Presidio Pubco Inc. *W EXP 03/04/203 99,997$138KNo change
BACCR Blue Acquisition Corp.-RTS RIGHT 06/11/2030 175,000$137KNo change
IPCXR Inflection Point Acquisition RIGHT 04/25/2030 300,000$135KNo change
MYXXR Maywood Acquisition Corp. 2 RIGHT 02/24/2031 550,000$132KNew
HDRNW GIGCAPITAL7 Corp.-A - 29 *W EXP 05/22/203 804,500$130KNew
VNMEW Vendome Acquisition Corp. I *W EXP 07/03/202 412,500$124KNo change
BULLW Webull Corp.-30 *W EXP 04/10/203 64,397$124KNo change
HAVAR Harvard Ave Acquisition RIGHT 99/99/9999 750,000$120KNo change
CCAQW Dune Acquisition Corp. II -30 *W EXP 04/04/203 300,000$117KNo change
BEAGR Bold Eagle Acquisition Corp. RIGHT 10/11/2029 400,000$116KNo change
KCAC.WS Kensington Capital Acquisiti *W EXP 99/99/999 100,000$115KNo change
SVAQW Silicon Valley Acquisition C *W EXP 12/08/203 150,000$111KNo change
BBCQW Bleichroeder Acquisition Cor *W EXP 12/23/203 50,000$109KNo change
ARCLR Arc Group Acquisition I Corp. RIGHT 04/21/2031 460,000$108KNew
WENNW Wen Acquisition Corp.-A -31 *W EXP 99/99/999 300,000$106KNo change
SZZLR Sizzle Acquisition Corp. -RTS RIGHT 04/02/2030 650,000$106KNo change
BREZR Breeze Acquisition C- Rights RIGHT 03/03/2031 400,000$104KNew
NUAIW New Era Helium Inc. -29 *W EXP 12/06/202 34,875$100KNo change
CSHRW Odysseus Holdings Ltd./Jersey *W EXP 03/31/203 132,500$99KNew
DAAQW Digital Asset Acquisition-30 *W EXP 04/01/203 200,000$96KNo change
DBCAW D. Boral Acquisition I Corp. *W EXP 01/30/203 250,000$95KNo change
XCBEW X3 Acquisition Corp. Ltd. *W EXP 12/19/203 350,000$95KNo change
AACIW Armada Acquisition Corp. III *W EXP 02/13/203 275,000$91KNo change
IACOW Idea Acquisition Corp.-30 *W EXP 01/06/203 265,792$90KNo change
GFUZW Spring Valley Acq Co. -30 *W EXP 09/04/203 50,000$89KNo change
RAC.WS Rithm Acquisition Corp. - 30 *W EXP 99/99/999 133,333$88KNo change
BEBE.WS Tge Value Creative Solutions *W EXP 09/16/203 225,000$88KNo change
IPEXR Inflection Point Acquisition RIGHT 99/99/9999 125,000$86KNo change
SHREYA ACQUISITION GROUP-RTS RIGHT 12/31/2027 475,000$86KNew
XRPNW Armada Acquisition Corp - A *W EXP 05/21/203 100,000$85KNo change
RNGTW Range Capital Acquisition Co. *W EXP 09/29/203 250,000$85KNo change
OHACR Oceanhawk Acquisition Corp. Class R RIGHT 05/19/2031 325,000$85KNew
WHITE PEARL ACQUISITION CORP RIGHT 09/10/2030 300,000$84KNo change
AACPR Apogee Acquisition Corp. Class R RIGHT 03/27/2031 400,000$84KNew
COLAR Columbus Acquisition Corp. RIGHT 99/99/9999 150,000$82KNo change
RREVW Rre Ventures Acquisition Cor *W EXP 04/22/203 150,000$81KNew
UAC.WS United Acquisition Corp. I *W EXP 99/99/999 65,000$81KNo change
VERNAL CAPITAL ACQUISITI-RTS RIGHT 10/31/2027 400,000$78KNew
HVIIR Hennessy Capital Investment RIGHT 01/17/2030 200,000$78KNo change
APEX TECH ACQUISITION INC-R RIGHT 02/17/2027 350,000$77KNo change
MCAHR Mountain Crest Acquisition 6 RIGHT 04/29/2027 285,000$77KNew
SOULPOWER ACQUISITION CORP RIGHT 99/99/9999 650,000$76KNo change
FACTW Fact II Acquisition Corp. -29 *W EXP 11/26/203 125,000$75KNo change
PAII.WS Pyrophyte Acquisition Corp. I *W EXP 07/30/203 150,000$75KNo change
NSTR.WS Viking Acquisition Corp. I *W EXP 11/03/203 83,333$75KNo change
CCXIW Churchill Capital Corp. Xi *W EXP 12/10/203 10,000$74KNo change
SAC.WS Safeguard Acquisition Corp. *W EXP 99/99/999 125,000$74KNo change
ILLUW Illumination Acquisition Cor *W EXP 12/23/203 150,000$72KAdd +0.1%
TLNCW Talon Capital Corp.-30 *W EXP 08/27/203 100,000$71KNo change
NOEMR CO2 Energy Transition Co.-RTS RIGHT 10/15/2028 390,000$70KNo change
NBRGR Newbridge Acquisitio- Rights RIGHT 09/25/2030 280,000$70KNo change
OTGAW Otg Acquisition Corp. I - 30 *W EXP 09/05/203 175,000$70KNo change
RANGR Range Capital Acquisition Co. RIGHT 99/99/9999 250,000$70KNo change
SPEGR Silver Pegasus Acquisition C RIGHT 06/26/2030 250,000$70KNo change
BZAIW Burtech Acquisition -CW23 *W EXP 01/13/203 209,250$69KNo change
CTAAR Clearthink 1 Acquisition Cor RIGHT 01/26/2031 300,000$69KNo change
AXINR Axiom Intelligence Acquisiti RIGHT 06/10/2030 175,000$66KNo change
ALOVW Aldabra 4 Liquidity Opportun *W EXP 12/23/203 133,333$64KNo change
VWAVW Visionwave Holdings Inc. *W EXP 07/14/203 93,000$64KNo change
ADACW American Dr Acq A -30 *W EXP 02/06/203 100,000$63KNo change
SIMAW Sim Acquisition Corp. - 29 *W EXP 06/01/203 250,000$63KNo change
QUASAREDGE ACQUISITION CORP RIGHT 04/15/2027 250,000$63KNew
LKSPR Lake Superior Acquisition Co. RIGHT 09/19/2030 57,871$61KNo change
HACQW HCM IV Acquisition Corp. *W EXP 01/20/203 112,500$61KNo change
AIRJW Power & Digital Acq -CW24 *W EXP 03/15/202 46,500$60KNo change
LPBBW Launch Two Acquisition -29 *W EXP 10/09/202 175,000$60KNo change
EMISR Emmis Acquisition Corp. RIGHT 09/12/2030 400,000$60KNo change
RDAGW Republic Digital Acqu - 30 *W EXP 05/01/203 150,000$60KNo change
ALDFW Aldel Financial II Inc. - 29 *W EXP 09/26/203 200,000$60KNo change
FMACR Future Money Acquisition-RT RIGHT 03/16/2031 350,000$60KNo change
BWIV.WS Blue Water Acquisition - 30 *W EXP 08/09/203 175,000$60KNo change
EVOXW Evolution Global Acquisition *W EXP 10/22/203 150,000$59KNo change
PAACW Proem Acquisition Corp. I *W EXP 01/29/203 150,000$57KNo change
IRHOR Iron Horse Acquisiti- Rights RIGHT 07/11/2030 350,000$56KNo change
EGHAR Egh Acquisition Corp.-RTS RIGHT 99/99/9999 150,000$56KNo change
SVCCW Stellar V Capital Corp.-Class-29 *W EXP 10/15/202 200,000$56KNo change
HCICR Hennessy Capital Investm-RTS RIGHT 02/02/2031 344,434$55KAdd +138.5%
ARCLW Arc Group Acquisition I Corp. *W EXP 04/01/203 460,000$55KNew
YCY.WS Aa Mission Acquisition -31 *W EXP 07/23/203 250,000$55KNo change
MLAAW Mountain Lake Acquisition Co. *W EXP 99/99/999 200,000$54KNo change
EVAC.WS Eqv Ventures Acquisition Cor *W EXP 06/30/203 133,333$53KNo change
PALOW Paloma Acquisition Corp. I *W EXP 02/12/203 150,000$53KNo change
MMTXW Miluna Acquisition Corp. *W EXP 09/29/203 400,000$52KNo change
QLEP.WS Quantum Leap Acqu-31 *W EXP 03/11/202 400,000$52KNew
PTORW Praetorian Acquisition Corp. *W EXP 01/16/203 133,333$51KNew
FGIIW FG Imperii Acquisition Corp. *W EXP 10/14/203 200,000$50KNew
DRDBW Roman DBDR Acquisition -30 *W EXP 10/31/203 200,000$49KNo change
CRANR Crane Harbor Acquisition-RTS RIGHT 12/09/2030 217,635$49KNo change
SVIVW Spring Valley Acquisition Co. *W EXP 01/22/203 50,000$49KNo change
LPAAW Launch One Acquisition - 29 *W EXP 06/01/203 255,571$49KNo change
ACAAW Averin Capital Acqu - 31 *W EXP 12/31/203 75,000$48KReduce -0.2%
AACOW Abony Acquisition Corp. -CW27 *W EXP 01/29/203 100,000$48KAdd +0.1%
APURR Aperture Ac- Rights RIGHT 05/06/2031 300,000$48KNew
NOEMW CO2 Energy Transition -28 *W EXP 08/17/202 390,000$48KNo change
BLUWW Blue Water Acquisition-CW26 *W EXP 05/23/203 125,000$48KNo change
TONT.WS Graf Global Corp.- 29 *W EXP 05/31/203 125,000$48KNo change
NHIVW Newhold Investment Corp. IV *W EXP 04/14/203 83,333$48KNew
SCPQW Social Commerce Partner - 30 *W EXP 02/13/203 107,200$47KNo change
OACCW Oaktree Acquisition III -31 *W EXP 09/01/203 50,000$47KNo change
PECER Peace Acquisition Corp.-Right RIGHT 05/19/2031 100,000$47KNew
VHCPW Vine Hill Capital Investment *W EXP 11/25/203 100,000$47KNo change
IRAB.WS Iris Acq Corp. II -31 *W EXP 08/15/203 187,600$47KNo change
NPACW New Providence Acq A -CW28 *W EXP 04/24/203 166,666$47KNo change
NTWOW Newbury Street II Acq - 29 *W EXP 06/01/203 187,500$46KNo change
MEVOW M Evo Global Acq -31 *W EXP 02/18/203 125,000$46KNo change
XSLLW Xsolla Spac 1 *W EXP 01/12/203 192,500$46KNew
IGACR Invest Green Acquisition-RTS RIGHT 11/17/2030 250,000$45KNo change
APXTW Apex Treasury Corp. -30 *W EXP 10/07/203 150,000$45KNo change
DMAAR Drugs Made in America Ac-RTS RIGHT 12/09/2029 400,000$44KNo change
KTWOR K2 Capital Acquisition C-RTS RIGHT 07/30/2027 200,000$44KNo change
MZYX.WS Mozayyx Acquisition Corp. *W EXP 99/99/999 62,500$44KNo change
LCCCR Lakeshore Acquisition III Co. RIGHT 08/01/2026 218,500$44KNo change
HCACR Hall Chadwick Acquisi-Rights RIGHT 11/20/2030 150,000$44KNo change
GSHRW Gesher Acquisition Corp. I-30 *W EXP 10/31/203 150,000$43KNo change
WSTNR Westin Acquisition Corp.-RTS RIGHT 09/17/2030 250,000$43KNo change
RFAMR RF Acquisition Corp. III RIGHT 01/28/2031 387,000$43KNo change

Largest 200 of 337 shown.

Total filed on the 13F, all lines: $6.2B.

Portfolio Sells Q1 2026 → Q2 2026
GTLS Chart Industries Inc. Reduce -86.8% 1.09% −7.43
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) Sold out 0.00% −6.00
LBRDK Liberty Broadband-C Reduce -86.2% 0.35% −3.68
TERN Terns Pharmaceuticals Inc. Sold out 0.00% −2.86
MASI Masimo Corp. Sold out 0.00% −2.61
CUK Carnival PLC-ADR Sold out 0.00% −1.82
LITE Lumentum Holdings Inc. Sold out 0.00% −1.17
WBS Webster Financial Corp. Reduce -19.0% 6.21% −1.05
CHRD Chord Energy Corp. Reduce -21.9% 0.74% −0.49
PPLI People Inc. Sold out 0.00% −0.47
UP Wheels Up Experience Inc. Sold out 0.00% −0.40
BLCO Bausch + Lomb Corp. Reduce -37.6% 0.59% −0.36
SM SM Energy Co. Reduce -17.6% 0.68% −0.34
HDRN Hadron Energy Inc. Sold out 0.00% −0.32
GRFS Grifols SA-ADR Reduce -22.4% 0.59% −0.31
FAC Factorial Energy Inc. Sold out 0.00% −0.31
CSTM Constellium SE Reduce -72.4% 0.16% −0.30
SIMA Sim Acquisition Corp. I-A Sold out 0.00% −0.29
WBD Warner Bros Discovery Inc. Reduce -5.6% 2.12% −0.29
RAAQ Real Asset Acquisiti Class A Sold out 0.00% −0.29
DMAA Drugs Made in America Acquis Sold out 0.00% −0.23
BN Brookfield Corp. Sold out 0.00% −0.21
TDAC Translational Development Ac Sold out 0.00% −0.18
EWZ iShares MSCI Brazil ETF Sold out 0.00% −0.17
TAVI Tavia Acquisition Corp. Sold out 0.00% −0.17
MLAC Mountain Lake Acquisition-A Sold out 0.00% −0.17
TONT Graf Global Corp. Class A Sold out 0.00% −0.15
RANG Range Capital Acquisition Co. Sold out 0.00% −0.14
DCH Dauch Corporation Reduce -5.9% 0.61% −0.13
CWEN.A Clearway Energy Inc. Class A Sold out 0.00% −0.13
ENHA Enhanced Group Inc. Sold out 0.00% −0.11
LEO BNY Mellon Strategic Muni Sold out 0.00% −0.10
CXE MFS High Income Municipal TR Sold out 0.00% −0.10
ILF iShares Latin America 40 ETF Sold out 0.00% −0.10
EWW iShares MSCI Mexico ETF Sold out 0.00% −0.10
WLAC Willow Lane Acquisition Class A Sold out 0.00% −0.09
SIRI Sirius XM Holdings Inc. Reduce -51.6% 0.11% −0.08
USAS Americas Gold and Silver Cor Sold out 0.00% −0.07
CAEP Cantor Equity Partners III-A Sold out 0.00% −0.07
AFB Allianceberstein NTL Muni Sold out 0.00% −0.07
CUB Lionheart Holdings Class A Sold out 0.00% −0.06
PLMK Plum Acquisition Corp. IV Sold out 0.00% −0.06
WHR Whirlpool Corp. Sold out 0.00% −0.05
ELBM Electra Battery Materials Co. Reduce -15.9% 0.22% −0.04
UAA Under Armour Inc. Class A Reduce -13.3% 0.34% −0.04
MGM MGM Resorts International Reduce -26.4% 0.34% −0.03
VSXY Victoria's Secret & Co. Sold out 0.00% −0.03
CAR Avis Budget Group Inc. Reduce -33.2% 0.05% −0.03
R Ryder System Inc. Reduce -37.9% 0.07% −0.02
CCXI Churchill Capital Corp. Class A Reduce -60.0% 0.04% −0.02

Portfolio Buys Q1 2026 → Q2 2026
TECH Bio-Techne Corp. New 7.73% +7.73
CZR Caesars Entertainment Inc. Add +2886.3% 5.31% +5.15
AZUL Azul SA-Spon ADR New 3.92% +3.92
APGE Apogee Therapeutics Inc. New 3.11% +3.11
NUVL Nuvalent Inc. Class A New 1.77% +1.77
OPI Office Properties Income Tru New 1.55% +1.55
SVC Service Pptys TR Add +154.0% 0.84% +0.57
UP Wheels Up Experience Inc. New 0.48% +0.48
PEN Penumbra Inc. Add +13.9% 8.34% +0.40
LLYVK Liberty Live Holdings Class C Add +35.0% 1.20% +0.37
NWSA News Corp. Class A Add +400.9% 0.44% +0.35
HEI.A Heico Corp. Class A Add +5.9% 1.78% +0.35
VOYG Voyager Technologies Inc. Class A New 0.33% +0.33
RYAAY Ryanair Holdings PLC-SP ADR New 0.30% +0.30
MYX Maywood Acquisition C2-Class-A New 0.28% +0.28
SAGU Shreya Acquisition Grou Class A New 0.24% +0.24
ARCL Arc Group Acquisition I Corp. New 0.24% +0.24
RREV Rre Ventures Acqui Corp. Class-A New 0.23% +0.23
FTHAU Forefront Tech Holdings Acqu New 0.22% +0.22
FTRA.U Futurecorp Space Acquisition New 0.21% +0.21
GUACU Berto Acquisition Corp. II New 0.21% +0.21
OTAI.U Starlink AI Acquisition Corp. New 0.21% +0.21
ATLQU Jab Acquisition Corp. I New 0.21% +0.21
ALPXU Alpex Acquisition Corp. New 0.21% +0.21
ETSS.U Energy Transition Special Op New 0.21% +0.21
PTACU Patriot Acquisition Corp. New 0.21% +0.21
AACP Apogee Acquisition Corp. Class A New 0.21% +0.21
WLCOU Wilco 63 Corp.-Unit New 0.21% +0.21
VECA Vernal Capital Acqui Corp. New 0.21% +0.21
QLEP Quantum Leap Acqui Cor Class A New 0.21% +0.21
IPVVU Interprivate Investment Part New 0.21% +0.21
BREZ Breeze Acquisition Cor -Ord New 0.21% +0.21
GSRVU GSR V Acquisition Corp. New 0.20% +0.20
RFAM RF Acquisition Corp. III New 0.20% +0.20
AESPU Aeon Acquisition I Corp. New 0.19% +0.19
IDACU Iron Dome Acquisition I Corp. New 0.18% +0.18
KEYYU Keystone Acquisition Corp. New 0.18% +0.18
BRKHU Burtech Acquisition Corp. II New 0.18% +0.18
ISNRU Snow Rothschild Acquisition New 0.18% +0.18
CGCFU Cartesian Growth Corp. IV New 0.18% +0.18
BIDWU Tribeca Strategic Acquisitio New 0.18% +0.18
OHAC Oceanhawk Acquisition Corp. Class A New 0.17% +0.17
CAIIU Collective Acquisition Corp. New 0.16% +0.16
FWACU Futurewave Acquisition Corp. New 0.16% +0.16
TVIVU Texas Ventures Acquisition I New 0.16% +0.16
SHOTU RMG ML Sports Holdings New 0.16% +0.16
APUR Aperture Ac Class A New 0.15% +0.15
CYH Community Health Systems Inc. Add +19.3% 0.65% +0.15
MCAH Mountain Crest Acquisition 6 New 0.15% +0.15
MFM Aberdeen Municipal Income Add +360.1% 0.17% +0.13

Options Activity Q1 2026 → Q2 2026
IWM iShares Russell 2000 ETF put Reduce -33.3% 500,000 $150.2M
NVDA Nvidia Corp. put Reduce -12.5% 700,000 $140.1M
SMCI Super Micro Computer Inc. put Reduce -10.9% 4,100,000 $120.3M
MU Micron Technology Inc. put New 80,000 $92.3M
AAPL Apple Inc. put Add +25.0% 250,000 $72.3M
SMH Vaneck Semiconductor ETF put New 100,000 $65.6M
IBIT iShares Bitcoin Trust ETF put Sold out 1,500,000 $57.6Mbefore exit
CRWV Coreweave Inc. Class A put New 400,000 $39.8M
MARA Mara Holdings Inc. put Reduce -35.2% 2,831,500 $39.3M
TSLA Tesla Inc. put Sold out 75,000 $27.9Mbefore exit
TERN Terns Pharmaceuticals Inc. put Sold out 500,000 $26.4Mbefore exit
TDW Tidewater Inc. put New 276,100 $18.4M
JBLU Jetblue Airways Corp. call Add +57.1% 2,750,000 $15.8M
MPT Medical Properties Trust Inc. put Reduce -16.3% 1,500,000 $6.9M
MARA Mara Holdings Inc. call Reduce -65.0% 350,000 $4.9M

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

Notes & Other Activity Q1 2026 → Q2 2026
WESTERN DIGITAL CORP (WDC 3 11/15/28) NOTE 3.000%11/1 · principal Sold out 204,400,000 $1.5Bbefore exit
SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) NOTE 3.500%12/0 · principal Reduce -5.3% 61,117,000 $299.4M
SNOWFLAKE INC (SNOW 0 10/01/29) NOTE 10/0 · principal Add +1.8% 145,307,000 $256.9M
ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) NOTE 0.500% 6/0 · principal Add +20.3% 192,400,000 $226.9M
SUPER MICRO COMPUTER INC (SMCI 0 06/15/30) NOTE 6/1 · principal New 240,250,000 $213.2M
APPLIED DIGITAL CORP (APLD 2.75 06/01/30) NOTE 2.750% 6/0 · principal Reduce -16.6% 50,700,000 $201.9M
GAMESTOP CORP (GME 0 04/01/30) NOTE 4/0 · principal New 194,350,000 $198.0M
GAMESTOP CORP (GME 0 06/15/32) NOTE 6/1 · principal New 174,000,000 $176.3M
CLOUDFLARE INC (NET 0 06/15/30) NOTE 6/1 · principal New 118,266,000 $149.6M
COINBASE GLOBAL INC (COIN 0.25 04/01/30) NOTE 0.250% 4/0 · principal Add +36.5% 164,456,000 $147.4M
UBER TECHNOLOGIES INC (UBER 0 05/15/28) NOTE 5/1 · principal New 125,000,000 $144.3M
SNOWFLAKE INC (SNOW 0 10/01/27) NOTE 10/0 · principal Reduce -50.9% 67,500,000 $112.3M
TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) NOTE 0.750% 6/1 · principal Reduce -14.8% 112,232,000 $110.5M
GDS HLDGS LTD NOTE 2.250% 6/0 · principal New 89,200,000 $108.0M
WOLFSPEED INC (WOLF 2.5 06/15/31) NOTE 2.500% 6/1 · principal Reduce -0.7% 21,396,000 $84.0M
JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) NOTE 2.500% 9/0 · principal Reduce -5.5% 68,371,000 $75.5M
SUPER MICRO COMPUTER INC (SMCI 7 06/01/29) 7 DEP CM SR A WI New 1,400,000 $72.7M
MARA HOLDINGS INC (MARA 0 03/01/30) NOTE 3/0 · principal Add +3.4% 72,250,000 $72.2M
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal Reduce -77.3% 7,300,000 $62.8M
CLEANSPARK INC (CLSK 0 06/15/30) NOTE 6/1 · principal Add +45.4% 41,635,000 $54.3M
RUBRIK INC (RBRK 0 06/15/30) NOTE 6/1 · principal New 52,436,000 $53.5M
UPSTART HOLDINGS INC (UPST 1 11/15/30) NOTE 1.000%11/1 · principal Add +7.9% 65,511,000 $53.4M
STRATEGY INC (MSTR 0 03/01/30) NOTE 3/0 · principal Add +15.4% 59,782,000 $52.8M
UPSTART HOLDINGS INC (UPST 2 10/01/29) NOTE 2.000%10/0 · principal Reduce -36.2% 41,400,000 $47.2M
SITIME (SITM 0 06/15/31) NOTE 6/1 · principal New 42,500,000 $47.0M
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal New 50,101,000 $46.2M
ARRAY TECHNOLOGIES INC NOTE 2.875% 7/0 · principal New 33,000,000 $41.1M
MARA HOLDINGS INC (MARA 0 06/01/31) NOTE 6/0 · principal Reduce -19.2% 42,000,000 $40.7M
STRATEGY INC (MSTR 0.625 09/15/28) NOTE 0.625% 9/1 · principal Reduce -14.8% 35,800,000 $36.5M
ORACLE CORP (ORCL 6.5 01/15/29 D) 6.5 DEP CUM SR D Reduce -11.1% 800,000 $36.0M
ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) NOTE 4.000% 3/1 · principal Reduce -45.8% 22,100,000 $33.7M
WAYFAIR INC (W 3.5 11/15/28) NOTE 3.500%11/1 · principal Sold out 17,900,000 $31.2Mbefore exit
AMC GLOBAL MEDIA INC (AMCX 4.25 02/15/29 *) NOTE 4.250% 2/1 · principal Reduce -1.2% 23,439,000 $24.9M
IREN LTD (IREN 3.5 12/15/29 IREN) NOTE 3.500%12/1 · principal New 5,450,000 $19.2M
OMEROS CORP (OMER 9.5 06/15/29) NOTE 9.500% 6/1 · principal Reduce -47.1% 9,533,000 $17.7M
PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) NOTE 1.500% 9/1 · principal Sold out 13,274,000 $17.7Mbefore exit
DOORDASH INC (DASH 0 05/15/30) NOTE 5/1 · principal New 16,800,000 $16.5M
SUNRUN INC (RUN 4 03/01/30) NOTE 4.000% 3/0 · principal Reduce -33.9% 13,650,000 $16.1M
GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) NOTE 3.250% 6/1 · principal Reduce -25.0% 7,500,000 $15.7M
NABORS INDUSTRIES INC (NBR 1.75 06/15/29) NOTE 1.750% 6/1 · principal Sold out 17,000,000 $15.4Mbefore exit
NIO INC (NIO 4.625 10/15/30) NOTE 4.625%10/1 · principal Add +37.0% 13,700,000 $13.7M
STRATEGY INC (MSTR 0.875 03/15/31) NOTE 0.875% 3/1 · principal Add +15.9% 14,596,000 $13.4M
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal New 10,000,000 $11.8M
T1 ENERGY INC (TE 5.25 12/01/30) NOTE 5.250%12/0 · principal Add +100.0% 6,000,000 $10.4M
GOLAR LNG LTD (GLNG 2.75 12/15/30) NOTE 2.750%12/1 · principal New 9,000,000 $10.2M
T1 ENERGY INC (TE 4 04/15/31) NOTE 4.000% 4/1 · principal New 5,000,000 $8.7M
WILLIS LEASE FINANCE COR (WLFC 2.5 05/15/31) NOTE 2.500% 5/1 · principal New 7,000,000 $7.6M
SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) NOTE 0.250%10/0 · principal Sold out 5,000,000 $6.2Mbefore exit
LYFT INC (LYFT 0.625 03/01/29) NOTE 0.625% 3/0 · principal New 5,000,000 $5.2M
KOSMOS ENERGY LTD (KOS 3.125 03/15/30) NOTE 3.125% 3/1 · principal Sold out 6,500,000 $5.1Mbefore exit

Showing the first 50 of 111.

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 306$1.9BPEN, TECH, WBS, CZR, AZUL
Q1 2026Amended 276$1.8BGTLS, PEN, WBS, SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29), LBRDK
Q4 2025Amended 233$1.6BSUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29), CADE, GTLS, CMA, CYBR
Q3 2025Amended 185$1.5BVRNA, SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29), LBRDK, CYBR, COOP
Q2 2025Amended 165$1.4BSUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29), LBRDK, CHX, COOP, AZEK
Q1 2025Amended 126$1.2BSUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29), BERY, LBRDK, SPY, CHX
Q4 2024Amended 94$579.3MLBRDK, PPLI, TFPM, HEI.A, GRFS
Q3 2024Amended 94$721.0MLBRDK, TFPM, PPLI, GRFS, HEI.A
Q2 2024Amended 98$745.0MLBRDK, PPLI, TFPM, VAL, CHRD
Q1 2024Amended 87$773.4MLBRDK, PPLI, TFPM, AESI, VAL