13F-HR/A filed by ZAZOVE ASSOCIATES LLC
ZAZOVE ASSOCIATES LLC filed this 13F-HR/A for the quarter ended 2025-06-30, filed 2025-08-14, with 165 holding rows worth $1,228,070,924.
- Accession
- 0001420506-25-002115
- Filer
- CIK 1009012
- Filed
- 2025-08-14
- Accepted by EDGAR
- acceptance time not in the bulk data set
- Ingested
- Source
- SEC quarterly data set
13F report for Q2 2025
A holdings report, amendment of type restatement, 168 entries on the cover page, a total value of $1,228,070,924 stated on the cover page (in dollars after the unit check, H1), rows summing to $1,228,070,924 with VALUE read as dollars as filed, 13F file number 028-05338. A later restatement replaced it, so the quarter does not use it. 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 | 67,419,000 | $75,952,937 | dollars as filed | principal |
| PARSONS CORP DEL | 70202LAD4 | NOTE 2.625% 3/0 | 70,531,000 | $75,153,912 | dollars as filed | principal |
| VENTAS RLTY LTD PARTNERSHIP | 92277GAZ0 | NOTE 3.750% 6/0 | 57,000,000 | $67,608,287 | dollars as filed | principal |
| DUKE ENERGY CORP | 26441CBY0 | CONV BND | 54,545,000 | $57,798,849 | dollars as filed | principal |
| BOFA FIN LLC | 09709UV70 | MTNF 0.600% 5/2 | 57,757,000 | $56,832,888 | dollars as filed | principal |
| TYLER TEX INDPT SCH DIST | 902252AB1 | NOTE 0.250% 3/1 | 45,420,000 | $56,009,564 | dollars as filed | principal |
| GLOBAL PMTS INC | 37940XAU6 | NOTE 1.500% 3/0 | 59,925,000 | $53,675,098 | dollars as filed | principal |
| PPL CAP FDG INC | 69352PAS2 | NOTE 2.875% 3/1 | 42,720,000 | $46,131,081 | dollars as filed | principal |
| ADVANCED ENERGY INDS | 007973AE0 | NOTE 2.500% 9/1 | 37,815,000 | $45,373,821 | dollars as filed | principal |
| HAEMONETICS CORP MASS | 405024AD2 | NOTE 2.500% 6/0 | 42,625,000 | $42,442,919 | dollars as filed | principal |
| MKS INC. | 55306NAB0 | NOTE 1.250% 6/0 | 42,355,000 | $41,892,687 | dollars as filed | principal |
| SOUTHERN CO | 842587DZ7 | NOTE 4.500% 6/1 | 34,495,000 | $37,923,289 | dollars as filed | principal |
| ITRON INC | 465741AQ9 | NOTE 1.375% 7/1 | 29,430,000 | $35,081,302 | dollars as filed | principal |
| EVERGY INC | 30034WAD8 | NOTE 4.500%12/1 | 28,624,000 | $33,424,236 | dollars as filed | principal |
| FLUOR CORP | 343412AJ1 | NOTE 1.125% 8/1 | 22,965,000 | $30,135,934 | dollars as filed | principal |
| AMERICAN WTR CAP CORP | 03040WBE4 | NOTE 3.625% 6/1 | 28,305,000 | $28,439,248 | dollars as filed | principal |
| MIDDLEBY CORP | 596278AB7 | NOTE 1.000% 9/0 | 25,305,000 | $28,388,045 | dollars as filed | principal |
| REPLIGEN CORP | 759916AD1 | NOTE 1.000%12/1 | 26,950,000 | $26,811,571 | dollars as filed | principal |
| ALNYLAM PHARMACEUTICALS INC | 02043QAB3 | NOTE 1.000% 9/1 | 17,845,000 | $23,237,211 | dollars as filed | principal |
| MERITAGE HOMES CORP | 59001ABF8 | NOTE 1.750% 5/1 | 21,775,000 | $21,207,589 | dollars as filed | principal |
| GRANITE CONSTR INC | 387328AF4 | NOTE 3.250% 6/1 | 12,750,000 | $17,469,158 | dollars as filed | principal |
| BRAEMAR HOTELS & RESORTS INC | 10482BAB7 | NOTE 4.500% 6/0 | 18,140,000 | $17,233,000 | dollars as filed | principal |
| EQUINOX GOLD CORP | 29446YAC0 | NOTE 4.750%10/1 | 13,846,000 | $16,987,783 | dollars as filed | principal |
| PEABODY ENGR CORP | 704551AD2 | NOTE 3.250% 3/0 | 15,265,000 | $15,729,918 | dollars as filed | principal |
| VERTEX INC | 92538JAB2 | NOTE 0.750% 5/0 | 13,100,000 | $15,528,124 | dollars as filed | principal |
| SHIFT4 PMTS INC | 82452JAD1 | NOTE 0.500% 8/0 | 13,530,000 | $14,490,221 | dollars as filed | principal |
| BROOKDALE SR LIVING INC | 112463AC8 | NOTE 2.000%10/1 | 13,531,000 | $14,259,237 | dollars as filed | principal |
| NORTHERN OIL & GAS INC | 665531AJ8 | NOTE 3.625% 4/1 | 12,740,000 | $13,361,088 | dollars as filed | principal |
| ENOVIS CORPORATION | 194014AB2 | NOTE 3.875%10/1 | 11,315,000 | $11,197,324 | dollars as filed | principal |
| Ascendis Pharma A/S | 04351PAD3 | Convertible bond | 7,470,000 | $9,380,759 | dollars as filed | principal |
| OPKO HEALTH INC | 68375NAG8 | NOTE 3.750% 1/1 | 6,128,000 | $8,471,960 | dollars as filed | principal |
| PG&E CORP | 69331CAL2 | NOTE 4.250%12/0 | 7,450,000 | $7,400,057 | dollars as filed | principal |
| SPOTIFY USA INC | 84921RAB6 | NOTE 3/1 | 4,805,000 | $7,281,968 | dollars as filed | principal |
| WESTERN DIGITAL CORP | 958102AT2 | NOTE 3.000%11/1 | 4,000,000 | $7,178,914 | dollars as filed | principal |
| CVR PARTNERS LP | 126633205 | COM | 77,700 | $6,902,868 | dollars as filed | |
| UBER TECHNOLOGIES INC | 90353TAM2 | NOTE 0.875%12/0 | 4,750,000 | $6,783,175 | dollars as filed | principal |
| AKAMAI TECHNOLOGIES INC | 00971TAN1 | NOTE 1.125% 2/1 | 6,580,000 | $6,247,291 | dollars as filed | principal |
| KOSMOS ENERGY LTD | 500688AH9 | NOTE 3.125% 3/1 | 9,050,000 | $6,226,618 | dollars as filed | principal |
| KAYNE ANDERSON ENERGY | 486606106 | COM | 485,533 | $6,175,980 | dollars as filed | |
| EXPEDIA GROUP INC | 30212PBE4 | NOTE 2/1 | 6,292,000 | $6,139,094 | dollars as filed | principal |
| World Kinect Corporation Note 3.250 percent 7/0 | 98149GAB6 | Convertible | 5,275,000 | $6,136,755 | dollars as filed | principal |
| Bloom Energy Corp | 093712AK3 | Bond | 4,000,000 | $5,934,493 | dollars as filed | principal |
| CMS ENERGY CORP | 125896BX7 | NOTE 3.375% 5/0 | 4,975,000 | $5,296,345 | dollars as filed | principal |
| GRANITE RIDGE RESOURCES INC | 387432107 | COM | 815,420 | $5,194,225 | dollars as filed | |
| ALLIANT ENERGY CORP | 018802AC2 | NOTE 3.875% 3/1 | 5,000,000 | $5,149,197 | dollars as filed | principal |
| BRAEMAR HOTELS RESORTS INC | 10482B101 | REIT | 2,088,686 | $5,117,281 | dollars as filed | |
| Vanguard Ultra-Short Bond ETF | 92203C303 | SHS | 100,000 | $4,986,500 | dollars as filed | |
| RIVIAN AUTOMOTIVE INC | 76954AAB9 | NOTE 4.625% 3/1 | 4,000,000 | $4,072,353 | dollars as filed | principal |
| WESTROCK COFFEE CO | 96145W103 | COM | 708,035 | $4,057,041 | dollars as filed | |
| TRANSMEDICS GROUP INC | 89377MAB5 | NOTE 1.500% 6/0 | 2,500,000 | $4,016,655 | dollars as filed | principal |
| LIBERTY MEDIA CORP DEL | 531229AQ5 | NOTE 2.250% 8/1 | 2,920,000 | $3,918,049 | dollars as filed | principal |
| MGP INGREDIENTS INC NEW | 55303JAB2 | NOTE 1.875%11/1 | 4,000,000 | $3,787,255 | dollars as filed | principal |
| ON SEMICONDUCTOR CORP | 682189AU9 | NOTE 0.500% 3/0 | 4,000,000 | $3,705,412 | dollars as filed | principal |
| LIBERTY MEDIA CORP DEL | 531229AP7 | NOTE 3.750% 3/1 | 3,300,000 | $3,446,771 | dollars as filed | principal |
| RUM GROUP INC | 78137L113 | *W EXP 09/16/202 | 1,086,672 | $3,352,383 | dollars as filed | |
| Lantheus Hldgs Inc Note 2.625 percent 12/1 | 516544AB9 | Convertible | 2,500,000 | $3,178,296 | dollars as filed | principal |
| URBAN ONE INC | 91705J204 | CL D NON VTG | 4,899,707 | $3,121,113 | dollars as filed | |
| GROUPON INC | 399473AH0 | NOTE 6.250% 3/1 | 2,000,000 | $2,819,519 | dollars as filed | principal |
| Lyft Inc Note 0.625 percent 3/0 | 55087PAD6 | Convertible | 2,500,000 | $2,683,896 | dollars as filed | principal |
| JD.COM INC | 47215PAJ5 | NOTE 0.250% 6/0 | 2,520,000 | $2,634,221 | dollars as filed | principal |
| COINBASE GLOBAL INC | 19260QAF4 | NOTE 0.250% 4/0 | 2,000,000 | $2,620,835 | dollars as filed | principal |
| COINBASE GLOBAL INC | 19260QAB3 | NOTE 0.500% 6/0 | 2,000,000 | $2,315,715 | dollars as filed | principal |
| Nutanix Inc Note 0.250 percent 10/0 | 67059NAH1 | Convertible | 1,630,000 | $2,296,896 | dollars as filed | principal |
| POST HLDGS INC | 737446AT1 | NOTE 2.500% 8/1 | 2,000,000 | $2,281,634 | dollars as filed | principal |
| AMERICAN AIRLINES GROUP INC | 02376RAF9 | NOTE 6.500% 7/0 | 2,000,000 | $2,000,258 | dollars as filed | principal |
| FIVE9 INC | 338307AF8 | CNV | 2,090,000 | $1,832,581 | dollars as filed | principal |
| CLEAR CHANNEL OUTDOOR HLDGS | 18453H106 | COM | 1,529,804 | $1,789,871 | dollars as filed | |
| PURECYCLE TECHNOLOGIES INC | 74623V111 | *W EXP 03/17/202 | 400,787 | $1,749,435 | dollars as filed | |
| NCL CORP LTD | 62886HAX9 | NOTE 5.375% 8/0 | 1,425,000 | $1,584,762 | dollars as filed | principal |
| NCL CORP LTD | 62886HBK6 | NOTE 2.500% 2/1 | 1,500,000 | $1,498,398 | dollars as filed | principal |
| GOLD ROYALTY CORP | 38071H106 | COMMON SHARES | 560,000 | $1,237,600 | dollars as filed | |
| SUNOPTA INC | 8676EP108 | COM | 209,168 | $1,213,174 | dollars as filed | |
| GDL FD | 361570104 | COM SH BEN IT | 120,522 | $1,005,575 | dollars as filed | |
| LUXEXPERIENCE BV | 55406W103 | SPONSORED ADS | 123,972 | $984,338 | dollars as filed | |
| THE REALREAL INC | 88339P101 | COM | 196,596 | $941,695 | dollars as filed | |
| SOUTHERN CO | 842587DP9 | NOTE 3.875%12/1 | 830,000 | $917,304 | dollars as filed | principal |
| EOS ENERGY ENTERPRISES INC COM CL A | 29415C101 | Stock | 175,000 | $896,000 | dollars as filed | |
| TH INTERNATIONAL LIMITED | G8656L130 | SHS NEW | 254,426 | $754,373 | dollars as filed | |
| URBAN ONE INC | 91705J105 | CL A | 461,516 | $738,703 | dollars as filed | |
| WEBULL CORP | G9572D111 | *W EXP 04/10/203 | 145,605 | $581,692 | dollars as filed | |
| UBER TECHNOLOGIES INC | 90353TAJ9 | NOTE 12/1 | 450,000 | $539,470 | dollars as filed | principal |
| USA RARE EARTH INC | 91733P115 | *W EXP 03/13/203 | 223,418 | $528,384 | dollars as filed | |
| ENOVIX CORPORATION COM | 293594107 | Stock | 50,000 | $517,000 | dollars as filed | |
| ITRON INC | 465741AN6 | NOTE 3/1 | 455,000 | $515,660 | dollars as filed | principal |
| Net Power Inc W Exp 06/08/202 | 64107A113 | SPAC Combination | 1,425,190 | $498,817 | dollars as filed | |
| JAZZ INVESTMENTS I LTD | 472145AF8 | NOTE 2.000% 6/1 | 470,000 | $476,191 | dollars as filed | principal |
| EQUINOX GOLD CORP | 29446Y502 | COM | 80,000 | $460,000 | dollars as filed | |
| HUDSON TECHNOLOGIES INC | 444144109 | COMMON STOCK | 56,250 | $456,750 | dollars as filed | |
| SSR Mining Inc | 784730AB9 | Convertible bond | 430,000 | $452,605 | dollars as filed | principal |
| CAPRI HOLDINGS LIMITED | G1890L107 | SHS | 25,000 | $442,500 | dollars as filed | |
| OSISKO DEVELOPMENT CORP | 68828E809 | COM NEW | 200,000 | $428,000 | dollars as filed | |
| B2GOLD CORP | 11777Q909 | COM | 351,500 | $421,800 | dollars as filed | call |
| SNAP INC | 83304AAH9 | NOTE 0.125% 3/0 | 460,000 | $398,948 | dollars as filed | principal |
| PACIRA BIOSCIENCES INC | 695127AF7 | NOTE 0.750% 8/0 | 400,000 | $397,934 | dollars as filed | principal |
| ARRAY TECHNOLOGIES INC | 04271TAB6 | NOTE 1.000%12/0 | 495,000 | $390,134 | dollars as filed | principal |
| SOLAREDGE TECHNOLOGIES INC | 83417MAD6 | NOTE 9/1 | 400,000 | $388,770 | dollars as filed | principal |
| ENPHASE ENERGY INC | 29355AAH0 | NOTE 3/0 | 400,000 | $383,349 | dollars as filed | principal |
| PENNYMAC CORP | 70932AAF0 | NOTE 5.500% 3/1 | 382,000 | $380,563 | dollars as filed | principal |
| JETBLUE AIRWAYS CORP | 477143AP6 | NOTE 0.500% 4/0 | 400,000 | $378,803 | dollars as filed | principal |
| BLACKSTONE MORTGAGE TRUST IN | 09257WAE0 | NOTE 5.500% 3/1 | 385,000 | $377,536 | dollars as filed | principal |
| ARBOR REALTY TRUST INC | 038923BA5 | NOTE 7.500% 8/0 | 375,000 | $374,635 | dollars as filed | principal |
| ZIFF DAVIS INC | 48123VAE2 | NOTE 1.75% 11/01/2026 | 394,000 | $374,535 | dollars as filed | principal |
| OIL STS INTL INC | 678026AK1 | NOTE 4.750% 4/0 | 375,000 | $371,047 | dollars as filed | principal |
| EVENTBRITE INC | 29975EAD1 | NOTE 0.750% 9/1 | 410,000 | $369,694 | dollars as filed | principal |
| HAEMONETICS CORP MASS | 405024AB6 | NOTE 3/0 | 382,000 | $369,091 | dollars as filed | principal |
| Esperion Therapeutics Inc | 29664WAB1 | NOTE 4.000%11/15/25 | 375,000 | $368,953 | dollars as filed | principal |
| JOBY AVIATION INC | G65163118 | *W EXP 08/10/202 | 145,000 | $346,550 | dollars as filed | |
| BRC INC A | 05601U105 | COMMON STOCK | 258,021 | $338,008 | dollars as filed | |
| CABLE ONE INC | 12685JAE5 | NOTE 3/1 | 353,000 | $334,256 | dollars as filed | principal |
| NATIONAL CINEMEDIA INC | 635309206 | COMMON STOCK | 68,106 | $329,974 | dollars as filed | |
| ARCHER AVIATION INC | 03945R110 | *W EXP 09/16/202 | 100,000 | $324,000 | dollars as filed | |
| OPKO HEALTH INC | 68375N103 | COM | 207,600 | $274,032 | dollars as filed | |
| DIREXION SHS ETF TR | 25460G286 | DAILY TSLA 2X SH | 100,000 | $262,500 | dollars as filed | put |
| WELLS FARGO & CO | 949746804 | PERP PFD CNV A | 220 | $257,725 | dollars as filed | |
| VAIL RESORTS INC | 91879QAN9 | NOTE 1/0 | 260,000 | $254,269 | dollars as filed | principal |
| THE REALREAL INC | 88339PAD3 | CNV | 315,000 | $254,212 | dollars as filed | principal |
| MARRIOTT VACATIONS WORLDWIDE | 57164YAD9 | NOTE 1/1 | 260,000 | $252,174 | dollars as filed | principal |
| STATE STREET SPDR ETF S&P RETAIL | 78464A714 | ETF | 75,000 | $245,250 | dollars as filed | put |
| CABLE ONE, INC. | 12685JAG0 | NOTE | 310,000 | $238,918 | dollars as filed | principal |
| OKTA INC | 679295AF2 | NOTE 0.375% 6/1 | 242,000 | $232,165 | dollars as filed | principal |
| RLJ LODGING TR | 74965L200 | CUM CONV PFD A | 9,266 | $220,299 | dollars as filed | |
| DICKS SPORTING GOODS INC | 253393952 | COM | 15,000 | $201,750 | dollars as filed | put |
| HELIX ENERGY SOLUTIONS GRP INC COM | 42330P107 | Stock | 30,400 | $189,696 | dollars as filed | |
| SILVERCORP METALS INC | 82835P903 | COM | 103,200 | $180,600 | dollars as filed | call |
| EQUINOX GOLD CORP | 29446Y902 | COM | 150,000 | $175,000 | dollars as filed | call |
| DRAFTKINGS INC NEW | 26142V905 | CALL | 50,000 | $170,000 | dollars as filed | call |
| NOVOCURE LTD | 67011XAB9 | NOTE 11/0 | 158,000 | $154,530 | dollars as filed | principal |
| RINGCENTRAL INC | 76680RAH0 | NOTE 3/1 | 134,000 | $128,820 | dollars as filed | principal |
| IDEXX LABS INC | 45168D954 | PUT | 12,500 | $118,750 | dollars as filed | put |
| BLOCK INC | 852234AJ2 | NOTE 5/0 | 115,000 | $110,198 | dollars as filed | principal |
| MEDICAL PROPERTIES TRUST INC | 58463J954 | COM | 150,000 | $109,500 | dollars as filed | put |
| PLUG PWR INC | 72919P952 | COM NEW | 450,000 | $99,000 | dollars as filed | put |
| BANDWIDTH INC | 05988JAD5 | NOTE 0.500% 4/0 | 115,000 | $96,761 | dollars as filed | principal |
| SUMMIT HOTEL PPTYS | 866082AA8 | NOTE 1.500% 2/1 | 100,000 | $96,625 | dollars as filed | principal |
| LUCID GROUP INC | 549498953 | PUT | 106,200 | $95,049 | dollars as filed | put |
| Psq Holdings Inc W Exp 07/19/202 | 693691115 | SPAC Combination | 454,488 | $91,034 | dollars as filed | |
| ENERGY TRANSFER L P | 29273V100 | COM UT LTD PTN | 5,000 | $90,650 | dollars as filed | |
| ALLIANCEBERNSTEIN HLDG L P | 01881G906 | UNIT LTD PARTN | 67,400 | $87,620 | dollars as filed | call |
| CIRCLE INTERNET GROUP INC | 172573957 | PUT | 2,500 | $81,250 | dollars as filed | put |
| SEA LTD | 81141RAG5 | NOTE 0.250% 9/1 | 84,000 | $79,345 | dollars as filed | principal |
| ARK ETF TR | 00214Q954 | PUT | 30,000 | $77,250 | dollars as filed | put |
| APPLE INC | 037833950 | PUT | 17,000 | $73,525 | dollars as filed | put |
| COREWEAVE INC | 21873S958 | CALL | 2,500 | $66,750 | dollars as filed | put |
| El Paso Energy Capital Trust I | 283678209 | Preferred Shares | 1,321 | $64,868 | dollars as filed | |
| GCT SEMICONDUCTOR HLDG INC | 36170N115 | W EXP 03/01/202 | 668,646 | $64,825 | dollars as filed | |
| SNAP INC | 83304A956 | PUT | 100,000 | $52,500 | dollars as filed | put |
| PAYPAL HLDGS INC | 70450Y953 | PUT | 39,100 | $40,078 | dollars as filed | put |
| NEXTNAV INC | 65345N114 | *W EXP 99/99/999 | 5,500 | $34,925 | dollars as filed | |
| LANVIN GROUP HOLDINGS LIMITE | G5380J118 | W EXP 01/14/202 | 1,334,846 | $25,162 | dollars as filed | |
| EPR PPTYS | 26884U307 | CONV PFD 9% SR E | 807 | $25,130 | dollars as filed | |
| LIBERTY MEDIA CORP DEL | 530715AL5 | DEB 3.750% 2/1 | 220,000 | $22,257 | dollars as filed | principal |
| ADAM NAT RES FD INC | 00548F105 | COM | 908 | $19,404 | dollars as filed | |
| T1 Energy Inc W Exp 07/09/202 | 35834F112 | Warrant | 186,863 | $18,686 | dollars as filed | |
| ISHARES SILVER TR | 46428Q909 | CALL | 8,700 | $17,357 | dollars as filed | call |
| ALIGN TECHNOLOGY INC | 016255951 | COM | 5,000 | $12,250 | dollars as filed | put |
| SPDR S&P 500 ETF TR | 78462F953 | PUT | 27,000 | $10,636 | dollars as filed | put |
| ARKO CORP | 041242116 | *W EXP 12/22/202 | 727,117 | $8,253 | dollars as filed | |
| Roadzen Inc W Exp 11/30/202 | G7606H116 | SPAC Combination | 150,602 | $7,831 | dollars as filed | |
| SUNPOWER INC | 20460L112 | *W EXP 07/31/202 | 25,171 | $6,607 | dollars as filed | |
| Jasper Therapeutics Inc W Exp 09/24/202 | 471871111 | SPAC Combination | 65,456 | $6,215 | dollars as filed | |
| AIRJOULE TECHNOLOGIES CORP | 612160119 | *W EXP 03/15/202 | 9,100 | $5,592 | dollars as filed | |
| MP MATERIALS CORP | 553368901 | CALL | 1,200 | $4,920 | dollars as filed | call |
| Algoma Stl Group Inc W Exp 10/19/202 | 015658115 | SPAC Combination | 10,000 | $4,813 | dollars as filed | |
| ROBO.AI INC. | G6693P114 | *W EXP 11/11/202 | 64,571 | $3,067 | dollars as filed | |
| FIRST TR EXCHANGE-TRADED FD | 33735T959 | PUT | 13,700 | $2,740 | dollars as filed | put |
Amendment chain
| Filing | Role | Filed | Accepted | Ingested |
|---|---|---|---|---|
| 13F-HR 0001420506-25-001855 | superseded | 2025-08-12 | acceptance time not in the bulk data set | |
| 13F-HR/A 0001420506-25-002115 | this filing | 2025-08-14 | acceptance time not in the bulk data set | |
| 13F-HR/A 0001420506-25-002116 | base | 2025-08-14 | acceptance time not in the bulk data set |