13F-HR filed by ZAZOVE ASSOCIATES LLC
ZAZOVE ASSOCIATES LLC filed this 13F-HR for the quarter ended 2025-03-31, filed 2025-05-13, with 152 holding rows worth $1,168,338,558.
- Accession
- 0001420506-25-000990
- Filer
- CIK 1009012
- Filed
- 2025-05-13
- Accepted by EDGAR
- acceptance time not in the bulk data set
- Ingested
- Source
- SEC quarterly data set
13F report for Q1 2025
A holdings report, 156 entries on the cover page, a total value of $1,168,338,558 stated on the cover page (in dollars after the unit check, H1), rows summing to $1,168,338,558 with VALUE read as dollars as filed, 13F file number 028-05338. The quarter's positions are built on this report. The resolved quarter.
The information table after summing rows of one CUSIP and put or call (H4), with the CUSIP and issuer name as filed. Values in dollars after the unit check (method).
| Issuer as filed | CUSIP | Class | Amount | Value | Value read as | Type |
|---|---|---|---|---|---|---|
| TETRA TECH INC NEW | 88162GAB9 | DBCV 2.250% 8/1 | 67,529,000 | $69,828,599 | dollars as filed | principal |
| PARSONS CORP DEL | 70202LAD4 | NOTE 2.625% 3/0 | 69,061,000 | $69,104,046 | dollars as filed | principal |
| VENTAS RLTY LTD PARTNERSHIP | 92277GAZ0 | NOTE 3.750% 6/0 | 48,490,000 | $62,493,980 | dollars as filed | principal |
| BOFA FIN LLC | 09709UV70 | MTNF 0.600% 5/2 | 57,877,000 | $57,703,369 | dollars as filed | principal |
| GLOBAL PMTS INC | 37940XAU6 | NOTE 1.500% 3/0 | 60,135,000 | $56,717,348 | dollars as filed | principal |
| DUKE ENERGY CORP | 26441CBY0 | CONV BND | 47,535,000 | $51,539,662 | dollars as filed | principal |
| PPL CAP FDG INC | 69352PAS2 | NOTE 2.875% 3/1 | 42,720,000 | $47,937,774 | dollars as filed | principal |
| AKAMAI TECHNOLOGIES INC | 00971TAN1 | NOTE 1.125% 2/1 | 48,417,000 | $46,067,497 | dollars as filed | principal |
| TYLER TEX INDPT SCH DIST | 902252AB1 | NOTE 0.250% 3/1 | 32,645,000 | $39,683,905 | dollars as filed | principal |
| ADVANCED ENERGY INDS | 007973AE0 | NOTE 2.500% 9/1 | 38,045,000 | $38,995,387 | dollars as filed | principal |
| LIBERTY MEDIA CORP DEL | 531229AP7 | NOTE 3.750% 3/1 | 33,231,000 | $34,390,549 | dollars as filed | principal |
| AMERICAN WTR CAP CORP | 03040WBE4 | NOTE 3.625% 6/1 | 29,050,000 | $29,808,620 | dollars as filed | principal |
| SPOTIFY USA INC | 84921RAB6 | NOTE 3/1 | 24,855,000 | $29,669,190 | dollars as filed | principal |
| ALNYLAM PHARMACEUTICALS INC | 02043QAB3 | NOTE 1.000% 9/1 | 25,480,000 | $29,410,165 | dollars as filed | principal |
| REPLIGEN CORP | 759916AD1 | NOTE 1.000%12/1 | 26,950,000 | $26,582,828 | dollars as filed | principal |
| EVERGY INC | 30034WAD8 | NOTE 4.500%12/1 | 22,445,000 | $26,392,804 | dollars as filed | principal |
| FLUOR CORP | 343412AJ1 | NOTE 1.125% 8/1 | 23,190,000 | $24,622,333 | dollars as filed | principal |
| Nutanix Inc Note 0.250 percent 10/0 | 67059NAH1 | Convertible | 18,170,000 | $24,161,052 | dollars as filed | principal |
| FORD MTR CO | 345370CZ1 | NOTE 3/1 | 23,360,000 | $22,871,998 | dollars as filed | principal |
| UBER TECHNOLOGIES INC | 90353TAM2 | NOTE 0.875%12/0 | 17,700,000 | $21,521,942 | dollars as filed | principal |
| FIVE9 INC | 338307AF8 | CNV | 21,615,000 | $18,410,168 | dollars as filed | principal |
| BRAEMAR HOTELS & RESORTS INC | 10482BAB7 | NOTE 4.500% 6/0 | 18,140,000 | $17,068,430 | dollars as filed | principal |
| SOUTHERN CO | 842587DP9 | NOTE 3.875%12/1 | 15,200,000 | $17,015,274 | dollars as filed | principal |
| EQUINOX GOLD CORP | 29446YAC0 | NOTE 4.750%10/1 | 12,596,000 | $16,950,159 | dollars as filed | principal |
| UBER TECHNOLOGIES INC | 90353TAJ9 | NOTE 12/1 | 14,760,000 | $15,674,968 | dollars as filed | principal |
| PEABODY ENGR CORP | 704551AD2 | NOTE 3.250% 3/0 | 13,265,000 | $13,811,722 | dollars as filed | principal |
| NORTHERN OIL & GAS INC | 665531AJ8 | NOTE 3.625% 4/1 | 12,011,000 | $12,683,041 | dollars as filed | principal |
| ENOVIS CORPORATION | 194014AB2 | NOTE 3.875%10/1 | 11,315,000 | $11,590,730 | dollars as filed | principal |
| NCL CORP LTD | 62886HBD2 | BOND | 11,870,000 | $11,538,852 | dollars as filed | principal |
| BROOKDALE SR LIVING INC | 112463AC8 | NOTE 2.000%10/1 | 10,730,000 | $10,824,341 | dollars as filed | principal |
| SHIFT4 PMTS INC | 82452JAD1 | NOTE 0.500% 8/0 | 9,980,000 | $10,138,147 | dollars as filed | principal |
| OPKO HEALTH INC | 68375NAG8 | NOTE 3.750% 1/1 | 6,128,000 | $9,895,436 | dollars as filed | principal |
| Ascendis Pharma A/S | 04351PAD3 | Convertible bond | 7,770,000 | $9,210,010 | dollars as filed | principal |
| SPDR SERIES TRUST | 78464A474 | ST SHOR CORP ETF | 300,000 | $9,030,000 | dollars as filed | |
| VAREX IMAGING CORP | 92214XAB2 | NOTE 4.000% 6/0 | 8,950,000 | $8,915,647 | dollars as filed | principal |
| AMERICAN AIRLINES GROUP INC | 02376RAF9 | NOTE 6.500% 7/0 | 8,305,000 | $8,319,975 | dollars as filed | principal |
| PENN ENTERTAINMENT INC | 707569AU3 | NOTE 2.750% 5/1 | 7,840,000 | $8,091,049 | dollars as filed | principal |
| KAYNE ANDERSON ENERGY | 486606106 | COM | 592,945 | $7,607,484 | dollars as filed | |
| KOSMOS ENERGY LTD | 500688AH9 | NOTE 3.125% 3/1 | 9,050,000 | $6,945,322 | dollars as filed | principal |
| PG&E CORP | 69331CAL2 | NOTE 4.250%12/0 | 6,250,000 | $6,626,464 | dollars as filed | principal |
| EXPEDIA GROUP INC | 30212PBE4 | NOTE 2/1 | 6,292,000 | $6,211,606 | dollars as filed | principal |
| SAREPTA THERAPEUTICS INC | 803607AD2 | NOTE 1.250% 9/1 | 6,000,000 | $5,593,021 | dollars as filed | principal |
| WESTROCK COFFEE CO | 96145W103 | COM | 771,505 | $5,570,266 | dollars as filed | |
| CMS ENERGY CORP | 125896BX7 | NOTE 3.375% 5/0 | 4,975,000 | $5,517,601 | dollars as filed | principal |
| ALLIANT ENERGY CORP | 018802AC2 | NOTE 3.875% 3/1 | 5,000,000 | $5,369,462 | dollars as filed | principal |
| BRAEMAR HOTELS RESORTS INC | 10482B101 | REIT | 2,088,686 | $5,200,828 | dollars as filed | |
| WESTERN DIGITAL CORP | 958102AT2 | NOTE 3.000%11/1 | 4,000,000 | $5,152,974 | dollars as filed | principal |
| Vanguard Ultra-Short Bond ETF | 92203C303 | SHS | 100,000 | $4,985,500 | dollars as filed | |
| GRANITE RIDGE RESOURCES INC | 387432107 | COM | 815,420 | $4,957,754 | dollars as filed | |
| JAZZ INVESTMENTS I LTD | 472145AF8 | NOTE 2.000% 6/1 | 4,465,000 | $4,626,856 | dollars as filed | principal |
| Bloom Energy Corp | 093712AK3 | Bond | 3,000,000 | $3,937,028 | dollars as filed | principal |
| MGP INGREDIENTS INC NEW | 55303JAB2 | NOTE 1.875%11/1 | 4,000,000 | $3,768,348 | dollars as filed | principal |
| Lantheus Hldgs Inc Note 2.625 percent 12/1 | 516544AB9 | Convertible | 2,500,000 | $3,525,008 | dollars as filed | principal |
| URBAN ONE INC | 91705J204 | CL D NON VTG | 4,702,775 | $3,385,998 | dollars as filed | |
| RIVIAN AUTOMOTIVE INC | 76954AAB9 | NOTE 4.625% 3/1 | 3,000,000 | $2,905,461 | dollars as filed | principal |
| DATADOG INC | 23804LAB9 | NOTE 0.125% 6/1 | 2,500,000 | $2,802,590 | dollars as filed | principal |
| CONFLUENT INC | 20717MAB9 | NOTE 1/1 | 3,000,000 | $2,778,130 | dollars as filed | principal |
| TRANSMEDICS GROUP INC | 89377MAB5 | NOTE 1.500% 6/0 | 2,500,000 | $2,711,519 | dollars as filed | principal |
| LIBERTY MEDIA CORP DEL | 531229AQ5 | NOTE 2.250% 8/1 | 2,170,000 | $2,655,360 | dollars as filed | principal |
| AIR TRANS SVCS GROUP INC | 00922RAD7 | BOND | 2,530,000 | $2,521,496 | dollars as filed | principal |
| RUM GROUP INC | 78137L113 | *W EXP 09/16/202 | 1,078,092 | $2,490,393 | dollars as filed | |
| Lyft Inc Note 0.625 percent 3/0 | 55087PAD6 | Convertible | 2,500,000 | $2,420,801 | dollars as filed | principal |
| POST HLDGS INC | 737446AT1 | NOTE 2.500% 8/1 | 2,000,000 | $2,389,126 | dollars as filed | principal |
| CLEAR CHANNEL OUTDOOR HLDGS | 18453H106 | COM | 2,094,793 | $2,325,220 | dollars as filed | |
| SUMMIT HOTEL PPTYS | 866082AA8 | NOTE 1.500% 2/1 | 2,181,000 | $2,084,653 | dollars as filed | principal |
| COINBASE GLOBAL INC | 19260QAB3 | NOTE 0.500% 6/0 | 2,000,000 | $1,957,032 | dollars as filed | principal |
| ON SEMICONDUCTOR CORP | 682189AU9 | NOTE 0.500% 3/0 | 2,000,000 | $1,722,344 | dollars as filed | principal |
| INTEGER HLDGS CORP | 45826HAB5 | NOTE 2.125% 2/1 | 1,140,000 | $1,666,978 | dollars as filed | principal |
| SUNOPTA INC | 8676EP108 | COM | 340,447 | $1,654,572 | dollars as filed | |
| SEA LTD | 81141RAF7 | NOTE 2.375%12/0 | 870,000 | $1,280,836 | dollars as filed | principal |
| GDL FD | 361570104 | COM SH BEN IT | 120,522 | $992,499 | dollars as filed | |
| LUXEXPERIENCE BV | 55406W103 | SPONSORED ADS | 130,341 | $985,378 | dollars as filed | |
| GOLD ROYALTY CORP | 38071H106 | COMMON SHARES | 629,758 | $906,852 | dollars as filed | |
| BOEING CO | 097023204 | DEP CONV PFD A | 15,000 | $889,875 | dollars as filed | |
| OSISKO DEVELOPMENT CORP | 68828E809 | COM NEW | 590,294 | $879,538 | dollars as filed | |
| TH INTERNATIONAL LIMITED | G8656L130 | SHS NEW | 254,426 | $745,468 | dollars as filed | |
| INTUITIVE MACHINES INC | 46125A100 | CLASS A COM | 97,500 | $726,375 | dollars as filed | |
| ITRON INC | 465741AN6 | NOTE 3/1 | 675,000 | $694,486 | dollars as filed | principal |
| CUMULUS MEDIA INC | 231082801 | COM CL A | 1,528,428 | $675,565 | dollars as filed | |
| URBAN ONE INC | 91705J105 | CL A | 461,516 | $664,583 | dollars as filed | |
| PURECYCLE TECHNOLOGIES INC | 74623V111 | *W EXP 03/17/202 | 396,107 | $604,063 | dollars as filed | |
| CVR ENERGY INC | 12662P908 | COM | 71,300 | $570,400 | dollars as filed | call |
| Sandstorm Gold Ltd | 80013R206 | Common Stock | 75,000 | $566,250 | dollars as filed | |
| RINGCENTRAL INC | 76680RAH0 | NOTE 3/1 | 589,000 | $561,640 | dollars as filed | principal |
| CAPRI HOLDINGS LIMITED | G1890L107 | SHS | 25,000 | $493,250 | dollars as filed | |
| ALLIANCEBERNSTEIN HLDG L P | 01881G906 | UNIT LTD PARTN | 67,400 | $483,510 | dollars as filed | call |
| CVR PARTNERS LP | 126633205 | COM | 6,400 | $481,088 | dollars as filed | |
| Net Power Inc W Exp 06/08/202 | 64107A113 | SPAC Combination | 1,420,990 | $434,255 | dollars as filed | |
| SSR Mining Inc | 784730AB9 | Convertible bond | 430,000 | $433,064 | dollars as filed | principal |
| PACIRA BIOSCIENCES INC | 695127AF7 | NOTE 0.750% 8/0 | 400,000 | $393,837 | dollars as filed | principal |
| FIVE9 INC | 338307AD3 | NOTE 0.500% 6/0 | 395,000 | $391,578 | dollars as filed | principal |
| SNAP INC | 83304AAH9 | NOTE 0.125% 3/0 | 460,000 | $390,018 | dollars as filed | principal |
| GROUPON INC | 399473AF4 | NOTE 1.125% 3/1 | 400,000 | $389,375 | dollars as filed | principal |
| SOLAREDGE TECHNOLOGIES INC | 83417MAD6 | NOTE 9/1 | 400,000 | $387,876 | dollars as filed | principal |
| JETBLUE AIRWAYS CORP | 477143AP6 | NOTE 0.500% 4/0 | 400,000 | $378,090 | dollars as filed | principal |
| PENNYMAC CORP | 70932AAF0 | NOTE 5.500% 3/1 | 382,000 | $378,002 | dollars as filed | principal |
| EVENTBRITE INC | 29975EAD1 | NOTE 0.750% 9/1 | 410,000 | $375,512 | dollars as filed | principal |
| ARBOR REALTY TRUST INC | 038923BA5 | NOTE 7.500% 8/0 | 375,000 | $374,801 | dollars as filed | principal |
| ZIFF DAVIS INC | 48123VAE2 | NOTE 1.75% 11/01/2026 | 394,000 | $370,689 | dollars as filed | principal |
| OIL STS INTL INC | 678026AK1 | NOTE 4.750% 4/0 | 375,000 | $369,250 | dollars as filed | principal |
| Esperion Therapeutics Inc | 29664WAB1 | NOTE 4.000%11/15/25 | 375,000 | $368,597 | dollars as filed | principal |
| HAEMONETICS CORP MASS | 405024AB6 | NOTE 3/0 | 382,000 | $365,252 | dollars as filed | principal |
| ARRAY TECHNOLOGIES INC | 04271TAB6 | NOTE 1.000%12/0 | 495,000 | $363,144 | dollars as filed | principal |
| HUDSON TECHNOLOGIES INC | 444144109 | COMMON STOCK | 56,250 | $347,063 | dollars as filed | |
| OPKO HEALTH INC | 68375N103 | COM | 207,600 | $344,616 | dollars as filed | |
| CABLE ONE INC | 12685JAE5 | NOTE 3/1 | 353,000 | $333,951 | dollars as filed | principal |
| BLOCK INC | 852234AJ2 | NOTE 5/0 | 349,000 | $332,409 | dollars as filed | principal |
| SKINHEALTH SYSTEMS INC | 88331L108 | COM CL A | 234,730 | $314,538 | dollars as filed | |
| LYFT INC | 55087PAB0 | NOTE 1.500% 5/1 | 302,000 | $300,459 | dollars as filed | principal |
| B2GOLD CORP | 11777Q909 | COM | 350,000 | $297,500 | dollars as filed | call |
| BRC INC A | 05601U105 | COMMON STOCK | 126,200 | $263,758 | dollars as filed | |
| SEA LTD | 81141RAG5 | NOTE 0.250% 9/1 | 272,000 | $254,689 | dollars as filed | principal |
| HELIX ENERGY SOLUTIONS GRP INC COM | 42330P107 | Stock | 30,400 | $252,624 | dollars as filed | |
| EQUINOX GOLD CORP | 29446Y902 | COM | 130,000 | $247,000 | dollars as filed | call |
| CABLE ONE, INC. | 12685JAG0 | NOTE | 310,000 | $246,511 | dollars as filed | principal |
| OKTA INC | 679295AF2 | NOTE 0.375% 6/1 | 242,000 | $231,420 | dollars as filed | principal |
| RLJ LODGING TR | 74965L200 | CUM CONV PFD A | 9,266 | $226,183 | dollars as filed | |
| INVESCO EXCH TRADED FD TR II | 46138G956 | PUT | 50,000 | $195,000 | dollars as filed | put |
| WILLIAMS SONOMA INC | 969904951 | PUT | 12,500 | $180,625 | dollars as filed | put |
| ARCHER AVIATION INC | 03945R110 | *W EXP 09/16/202 | 100,000 | $178,500 | dollars as filed | |
| NOVOCURE LTD | 67011XAB9 | NOTE 11/0 | 158,000 | $152,758 | dollars as filed | principal |
| LANDSEA HOMES CORP | 51509P111 | *W EXP 01/08/202 | 2,392,316 | $144,496 | dollars as filed | |
| DIREXION SHS ETF TR | 25460G286 | DAILY TSLA 2X SH | 50,000 | $143,250 | dollars as filed | put |
| MP MATERIALS CORP | 553368901 | CALL | 43,500 | $112,013 | dollars as filed | call |
| Psq Holdings Inc W Exp 07/19/202 | 693691115 | SPAC Combination | 448,492 | $105,844 | dollars as filed | |
| DIGITALOCEAN HLDGS INC | 25402DAB8 | CNV | 105,000 | $97,952 | dollars as filed | principal |
| BANDWIDTH INC | 05988JAD5 | NOTE 0.500% 4/0 | 115,000 | $93,040 | dollars as filed | principal |
| ENERGY TRANSFER L P | 29273V100 | COM UT LTD PTN | 5,000 | $92,950 | dollars as filed | |
| HERTZ GLOBAL HLDGS INC | 42806J700 | COM NEW | 22,500 | $88,650 | dollars as filed | |
| SILVERCORP METALS INC | 82835P903 | COM | 51,800 | $71,225 | dollars as filed | call |
| El Paso Energy Capital Trust I | 283678209 | Preferred Shares | 1,321 | $64,551 | dollars as filed | |
| LIBERTY MEDIA CORP DEL | 530715AL5 | DEB 3.750% 2/1 | 220,000 | $62,208 | dollars as filed | principal |
| HELIX ENERGY SOLUTIONS GRP I | 42330P907 | COM | 90,000 | $58,500 | dollars as filed | call |
| ENOVIX CORPORATION | 293594907 | COM | 75,000 | $44,000 | dollars as filed | call |
| GCT SEMICONDUCTOR HLDG INC | 36170N115 | W EXP 03/01/202 | 668,646 | $41,790 | dollars as filed | |
| G III APPAREL GROUP LTD | 36237H951 | COM | 15,000 | $40,125 | dollars as filed | put |
| MEDICAL PROPERTIES TRUST INC | 58463J954 | COM | 200,000 | $39,000 | dollars as filed | put |
| ARKO CORP | 041242116 | *W EXP 12/22/202 | 727,117 | $36,356 | dollars as filed | |
| LANVIN GROUP HOLDINGS LIMITE | G5380J118 | W EXP 01/14/202 | 1,334,846 | $32,303 | dollars as filed | |
| BARCLAYS BANK PLC | 06748M196 | IPATH S&P 500 SH | 6,000 | $28,950 | dollars as filed | call |
| SPDR S&P 500 ETF TR | 78462F953 | PUT | 16,000 | $24,975 | dollars as filed | put |
| NEXTNAV INC | 65345N114 | *W EXP 99/99/999 | 5,500 | $24,613 | dollars as filed | |
| T1 Energy Inc W Exp 07/09/202 | 35834F112 | Warrant | 186,863 | $22,891 | dollars as filed | |
| ADAM NAT RES FD INC | 00548F105 | COM | 886 | $20,210 | dollars as filed | |
| Roadzen Inc W Exp 11/30/202 | G7606H116 | SPAC Combination | 150,602 | $8,208 | dollars as filed | |
| Jasper Therapeutics Inc W Exp 09/24/202 | 471871111 | SPAC Combination | 65,456 | $7,743 | dollars as filed | |
| PLUG PWR INC | 72919P952 | COM NEW | 10,600 | $7,367 | dollars as filed | put |
| ISHARES TR | 464288953 | PUT | 12,500 | $6,688 | dollars as filed | put |
| AIRJOULE TECHNOLOGIES CORP | 612160119 | *W EXP 03/15/202 | 9,100 | $5,267 | dollars as filed | |
| SUNPOWER INC | 20460L112 | *W EXP 07/31/202 | 25,171 | $5,033 | dollars as filed | |
| Algoma Stl Group Inc W Exp 10/19/202 | 015658115 | SPAC Combination | 10,000 | $3,663 | dollars as filed | |
| ROBO.AI INC. | G6693P114 | *W EXP 11/11/202 | 64,571 | $1,905 | dollars as filed |
Amendment chain
| Filing | Role | Filed | Accepted | Ingested |
|---|---|---|---|---|
| 13F-HR 0001420506-25-000990 | this filing | 2025-05-13 | acceptance time not in the bulk data set |