13F-HR filed by Elequin Capital, LP
Elequin Capital, LP filed this 13F-HR for the quarter ended 2025-09-30, filed 2025-11-14, with 143 holding rows worth $1,844,875,243.
- Accession
- 0001420506-25-003395
- Filer
- CIK 1810873
- Filed
- 2025-11-14
- Accepted by EDGAR
- acceptance time not in the bulk data set
- Ingested
- Source
- SEC quarterly data set
13F report for Q3 2025
A holdings report, 143 entries on the cover page, a total value of $1,844,875,243 stated on the cover page (in dollars after the unit check, H1), rows summing to $1,844,875,243 with VALUE read as dollars as filed, 13F file number 028-22205. 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 |
|---|---|---|---|---|---|---|
| SEA LTD | 81141RAF7 | NOTE 2.375%12/0 | 147,007,000 | $290,632,839 | dollars as filed | |
| Tesla Motors, Inc | 88160R101 | COM | 459,277 | $204,249,667 | dollars as filed | |
| Tesla Motors, Inc | 88160R101 | COM | 450,000 | $200,124,000 | dollars as filed | put |
| Alphabet Inc. Reg. Shares A | 02079K305 | COM | 400,000 | $97,240,000 | dollars as filed | put |
| Microsoft Corp | 594918104 | COM | 150,000 | $77,692,500 | dollars as filed | |
| Microsoft Corp | 594918104 | COM | 150,000 | $77,692,500 | dollars as filed | put |
| TAIWAN SEMICONDUCTOR MFG | 874039100 | SPONSORED ADS | 202,500 | $56,556,225 | dollars as filed | |
| TAIWAN SEMICONDUCTOR MFG | 874039100 | SPONSORED ADS | 202,500 | $56,556,225 | dollars as filed | put |
| Amazon.com, Inc | 023135106 | COM | 250,000 | $54,892,500 | dollars as filed | |
| Amazon.com, Inc | 023135106 | COM | 250,000 | $54,892,500 | dollars as filed | put |
| COINBASE GLOBAL INC COM CL A | 19260Q107 | Stock | 161,725 | $54,580,570 | dollars as filed | |
| IShares Bitcoin Trust Registered | 46438F101 | SHS | 831,683 | $54,059,395 | dollars as filed | |
| COINBASE GLOBAL INC COM CL A | 19260Q107 | Stock | 150,000 | $50,623,500 | dollars as filed | put |
| Alphabet Inc. Reg. Shares A | 02079K305 | COM | 200,000 | $48,620,000 | dollars as filed | |
| Alphabet Inc. Reg. Shares A | 02079K305 | COM | 200,000 | $48,620,000 | dollars as filed | call |
| Fidelity Wise Origin Bitcoin Fund | 315948109 | SHS | 479,372 | $47,846,119 | dollars as filed | |
| NVIDIA Corp | 67066G104 | COM | 167,177 | $31,191,885 | dollars as filed | |
| NVIDIA Corp | 67066G104 | COM | 150,000 | $27,987,000 | dollars as filed | put |
| Bit Digital, Inc. Ordinary Shares | 09174C104 | COM | 393,733 | $24,498,067 | dollars as filed | |
| Eli Lilly and Company | 532457108 | COM | 30,000 | $22,890,000 | dollars as filed | |
| Eli Lilly and Company | 532457108 | COM | 30,000 | $22,890,000 | dollars as filed | put |
| GRAYSCALE BITCOIN MINI TR ET | 389930207 | SHS NEW | 361,194 | $18,287,252 | dollars as filed | |
| COINSHARES BITCOIN ETF | 91916J100 | ETF | 562,013 | $18,169,880 | dollars as filed | |
| Broadcom Inc. | 11135F101 | COM | 50,000 | $16,495,500 | dollars as filed | |
| Broadcom Inc. | 11135F101 | COM | 50,000 | $16,495,500 | dollars as filed | put |
| ARK 21SHARES BITCOIN ETF | 040919102 | SHS BEN INT | 361,524 | $13,745,142 | dollars as filed | |
| JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETF | 46641Q654 | ETF | 247,201 | $12,617,139 | dollars as filed | |
| IShares Bitcoin Trust Registered | 46438F101 | SHS | 180,000 | $11,700,000 | dollars as filed | call |
| STRATEGY INC CL A NEW | 594972408 | Stock | 30,794 | $9,922,135 | dollars as filed | |
| INVESCO EXCH TRADED FD TR II | 46138E537 | NATL AMT MUNI | 400,000 | $9,236,000 | dollars as filed | |
| VANGUARD TAX-EXEMPT BOND ETF | 922907746 | ETF | 181,145 | $9,069,930 | dollars as filed | |
| SPDR SER TR | 78464A359 | BBG CONV SEC ETF | 89,729 | $8,120,475 | dollars as filed | |
| SUPER MICRO COMPUTER INC | 86800U302 | COM NEW | 158,074 | $7,578,068 | dollars as filed | |
| J P MORGAN EXCHANGE TRADED F | 46641Q647 | MUNICIPAL ETF | 121,690 | $6,141,694 | dollars as filed | |
| ISHARES SHORT-TERM NATIONAL MUNI BOND ETF | 464288158 | ETF | 40,790 | $4,355,556 | dollars as filed | |
| ISHARES TR | 46435G102 | CONV BD ETF | 41,194 | $4,121,460 | dollars as filed | |
| JANUS DETROIT STR TR | 47103U746 | HEND SECU IN ETF | 70,826 | $3,702,075 | dollars as filed | |
| Advanced Micro Devices,Inc. | 007903107 | COM | 21,450 | $3,470,396 | dollars as filed | |
| BLACKROCK ETF TRUST | 092528843 | ISHARES HIGH YIE | 66,588 | $3,275,464 | dollars as filed | |
| VANGUARD MUN BD FDS | 922907712 | CORE TAX EXEMPT | 41,766 | $3,142,892 | dollars as filed | |
| Palantir Technologies Inc. Class A | 69608A108 | COM | 16,369 | $2,986,033 | dollars as filed | |
| WISDOMTREE INC | 97717PAF1 | NOTE 5.750% 8/1 | 1,801,000 | $2,863,590 | dollars as filed | |
| INVESCO BULLETSHARES (R)2028 MUNICIPAL BOND ETF | 46138J486 | UIE | 100,000 | $2,341,500 | dollars as filed | |
| PIMCO ETF TR | 72201R866 | INTER MUN BD ACT | 43,725 | $2,285,943 | dollars as filed | |
| NOVA LTD | 66980MAB2 | BOND | 500,000 | $2,133,242 | dollars as filed | |
| VANGUARD SHORT-TERM TAX EXEMPT BOND ETF | 921935870 | ETF | 18,697 | $1,905,692 | dollars as filed | |
| iShares Ethereum Trust | 46438R105 | COM | 60,000 | $1,890,600 | dollars as filed | put |
| META PLATFORMS INC CL A | 30303M102 | COM | 2,500 | $1,835,950 | dollars as filed | put |
| INVESCO BULLETSHARES 2032 MUNICIPAL BOND ETF | 46139W833 | ETF | 71,907 | $1,795,877 | dollars as filed | |
| ISHARES TR | 464288323 | NEW YORK MUN ETF | 28,595 | $1,525,543 | dollars as filed | |
| SCHWAB STRATEGIC TR | 808524649 | MUN BD ETF | 59,020 | $1,511,502 | dollars as filed | |
| ISHARES SHORT-TERM CALIFORNIA MUNI ACTIVE ETF | 092528884 | ETF | 29,550 | $1,497,299 | dollars as filed | |
| NEW YORK LIFE INVTS ACTIVE E | 45409F827 | NYLI MACKAY MUN | 61,038 | $1,483,223 | dollars as filed | |
| INVESCO EXCH TRD SLF IDX FD | 46139W767 | BULLETSHARE 2034 | 60,193 | $1,464,496 | dollars as filed | |
| FIRST TR EXCH TRADED FD III | 33739P301 | MUNI HI INCM ETF | 30,767 | $1,461,740 | dollars as filed | |
| WISDOMTREE TR | 97717Y568 | EFFICIENT GLD PL | 23,982 | $1,376,807 | dollars as filed | |
| VANECK ETF TRUST | 92189F387 | SHRT HGH YLD MUN | 58,807 | $1,346,680 | dollars as filed | |
| ISHARES TR | 46438G687 | IBONDS DEC 2030 | 48,261 | $1,258,647 | dollars as filed | |
| VANGUARD CALIF TAX FREE FDS | 922021605 | TAX EXEMPT BD FD | 12,275 | $1,224,677 | dollars as filed | |
| VANECK ETF TRUST | 92189H201 | INTRMDT MUNI ETF | 24,193 | $1,127,394 | dollars as filed | |
| META PLATFORMS INC CL A | 30303M102 | COM | 1,500 | $1,101,570 | dollars as filed | call |
| FRANKLIN TEMPLETON ETF TR | 35473P868 | FRANKLIN DYN MUN | 43,243 | $1,071,129 | dollars as filed | |
| FIRST TR EXCH TRADED FD III | 33739P830 | SHRT DUR MNG MUN | 52,583 | $1,055,867 | dollars as filed | |
| J P MORGAN EXCHANGE TRADED F | 46654Q815 | SUST MUNI IN ETF | 19,538 | $981,198 | dollars as filed | |
| Advanced Micro Devices,Inc. | 007903107 | COM | 6,000 | $970,740 | dollars as filed | put |
| CAPITAL GRP FIXED INCM ETF T | 14020Y607 | SHOR DUR MUN ETF | 36,627 | $965,488 | dollars as filed | |
| iShares Ethereum Trust | 46438R105 | COM | 30,000 | $945,300 | dollars as filed | call |
| INVESCO BULLETSHARES 2029 MUNICIPAL BOND ETF | 46138J478 | ETF | 40,513 | $935,850 | dollars as filed | |
| VANGUARD MUN BD FDS | 922907696 | SHORT TAX EXEMPT | 11,698 | $897,237 | dollars as filed | |
| CHART INDS INC | 16115Q407 | 6.75DP CNV PFD B | 11,800 | $840,361 | dollars as filed | |
| BLACKROCK ETF TRUST II | 092528207 | ISHAR INTER ETF | 33,715 | $806,969 | dollars as filed | |
| ISHARES RUSSELL 1000 VALUE ETF | 464287598 | ETF | 3,805 | $774,660 | dollars as filed | |
| TIDAL TRUST II | 88634T824 | YIELDMAX COIN OP | 110,509 | $760,302 | dollars as filed | |
| iShares iBonds Dec. 2029 Municipal Bond ETF | 46436E163 | ETF | 29,607 | $755,867 | dollars as filed | |
| META PLATFORMS INC CL A | 30303M102 | COM | 994 | $729,974 | dollars as filed | |
| J P MORGAN EXCHANGE TRADED F | 46654Q799 | HIGH YIELD MUNI | 14,369 | $725,491 | dollars as filed | |
| SPY | 78462F103 | SHS | 981 | $653,523 | dollars as filed | |
| Vaneck Long Muni ETF | 92189F536 | ETF | 37,220 | $650,606 | dollars as filed | |
| NEW YORK LIFE INVTS ACTIVE E | 45409F843 | MACK MU INSD ETF | 25,106 | $597,774 | dollars as filed | |
| VANGUARD MUN BD FDS | 922907688 | LONG TERM TAX EX | 5,249 | $539,860 | dollars as filed | |
| INVESCO EXCH TRD SLF IDX FD | 46139W791 | BULLE MUN ETF | 19,096 | $487,807 | dollars as filed | |
| iShares Ethereum Trust | 46438R105 | COM | 15,018 | $473,217 | dollars as filed | |
| JANUS HENDERSON B-BBB CLO ETF | 47103U753 | ETF | 9,434 | $454,436 | dollars as filed | |
| ARK ETF TR | 00214Q104 | INNOVATION ETF | 5,184 | $447,379 | dollars as filed | |
| PIMCO ETF TR | 72201R635 | MUNI INCOME OPP | 9,657 | $437,559 | dollars as filed | |
| BITMINE IMMERSION TECHS INC | 09175A206 | COM NEW | 7,400 | $384,282 | dollars as filed | put |
| FIRST TR EXCHANGE-TRADED FD | 33739Q507 | SSI STRG ETF | 8,678 | $371,137 | dollars as filed | |
| PIMCO ETF TR | 72201R874 | SHTRM MUN BD ACT | 7,222 | $365,217 | dollars as filed | |
| VANECK ETF TRUST | 92189H656 | AA BB CLO ETF | 7,136 | $363,841 | dollars as filed | |
| EXXON MOBIL CORP | 30231G102 | COM | 3,000 | $338,250 | dollars as filed | call |
| Advanced Micro Devices,Inc. | 007903107 | COM | 2,000 | $323,580 | dollars as filed | call |
| Microsoft Corp | 594918104 | COM | 600 | $310,770 | dollars as filed | call |
| FIRST TR EXCHANGE TRADED FD | 33738R407 | NASDAQ BUYWRITE | 14,193 | $292,376 | dollars as filed | |
| ISHARES U S ETF TR | 46431W606 | IT RT HDG HGYL | 3,346 | $290,567 | dollars as filed | |
| KKR & CO INC | 48251W500 | CMN | 5,500 | $286,523 | dollars as filed | |
| APOLLO GLOBAL MGMT INC | 03769M304 | CMN | 3,900 | $274,966 | dollars as filed | |
| INVESCO EXCH TRD SLF IDX FD | 46138J411 | BULLETSHS 31 MUN | 12,752 | $267,920 | dollars as filed | |
| INVESCO QQQ TR | 46090E103 | COM | 397 | $238,347 | dollars as filed | |
| ISHARES INC | 464286632 | MSCI ISRAEL ETF | 2,330 | $233,699 | dollars as filed | |
| VANECK ETF TRUST | 92189H748 | CLO ETF | 4,084 | $216,860 | dollars as filed | |
| INVESCO EXCH TRADED FD TR II | 46138E206 | CALIF AMT MUN | 8,819 | $210,950 | dollars as filed | |
| CAPITAL GRP FIXED INCM ETF T | 14020Y201 | MUN INM ETF | 6,908 | $188,519 | dollars as filed | |
| FIRST TR EXCH TRADED FD III | 33739P202 | EME MRK BD ETF | 6,086 | $178,563 | dollars as filed | |
| TIDAL TRUST II | 88636R800 | YIELD PLTR ETF | 1,962 | $128,060 | dollars as filed | |
| iShares Currency Hedged MSCI EAFE ETF | 46434V803 | SHS | 2,991 | $118,474 | dollars as filed | |
| SPDR SERIES TRUST | 78464A284 | NUVEEN ICE HIGH | 4,715 | $117,545 | dollars as filed | |
| ASMLHLDGNVFSPONSOREDADR1ADRREPS1ORDSHS | N07059210 | STOK | 100 | $96,809 | dollars as filed | |
| ASMLHLDGNVFSPONSOREDADR1ADRREPS1ORDSHS | N07059210 | STOK | 100 | $96,809 | dollars as filed | put |
| CALAMOS ETF TR | 12811T308 | CONVERTIBLE EQTY | 2,657 | $96,489 | dollars as filed | |
| HERSHEY CO COM | 427866108 | Stock | 500 | $93,525 | dollars as filed | put |
| ISHARES INC | 46434G848 | MSCI GBL ETF NEW | 2,074 | $92,293 | dollars as filed | |
| ISHARES INC | 464286343 | US PWR INFRA ETF | 3,342 | $83,834 | dollars as filed | |
| BLACKROCK ETF TRUST II | 092528108 | ISHARES HIGH YIE | 2,718 | $60,720 | dollars as filed | |
| FRANKLIN INCOME FOCUS ETF INCOME FOCUS ETF | 35473P439 | ETF | 2,061 | $57,172 | dollars as filed | |
| DIREXION SHARES ETF TRUST | 25490K869 | DAIL CSI 300 ETF | 2,667 | $55,180 | dollars as filed | |
| BLACKROCK ETF TRUST II | 092528850 | ISHARES BBB B CL | 863 | $43,318 | dollars as filed | |
| VANECK ETF TRUST | 92189H300 | JP MRGAN EM LOC | 1,202 | $30,663 | dollars as filed | |
| iShares Floating Rate Bond ETF | 46429B655 | SHS | 541 | $27,637 | dollars as filed | |
| SPDR SER TR | 78468R721 | NUVEEN BLMBRG MU | 572 | $26,066 | dollars as filed | |
| VANGUARD NY TAX FREE FDS | 92204H400 | TAX EXEMPT BD | 211 | $21,720 | dollars as filed | |
| J P MORGAN EXCHANGE TRADED F | 46654Q203 | NASDAQ EQT PREM | 318 | $18,291 | dollars as filed | |
| PGIM ETF TR | 69344A107 | PGIM ULTRA SH BD | 300 | $14,949 | dollars as filed | |
| JPMORGAN INCOME ETF | 46641Q159 | ETF | 304 | $14,109 | dollars as filed | |
| VanEck Bitcoin Trust | 92189K105 | SHS | 384 | $12,430 | dollars as filed | |
| FIRST TR EXCH TRADED FD III | 33739P855 | INSTL PFD SECS | 622 | $12,029 | dollars as filed | |
| iShares AAA CLO Active ETF | 092528504 | COM | 201 | $10,445 | dollars as filed | |
| iShares Russell 2000 ETF | 464287655 | SHS | 30 | $7,259 | dollars as filed | |
| INVESCO ACTIVELY MANAGED EXC | 46090A721 | AAA CLO FLTNG RT | 218 | $5,583 | dollars as filed | |
| DIMENSIONAL ETF TRUST | 25434V849 | NATL MUN BD ETF | 100 | $4,798 | dollars as filed | |
| BlackRock Flexible Income ETF | 092528603 | SHS | 81 | $4,312 | dollars as filed | |
| PIMCO ETF TR | 72201R627 | SR LN ACTIVE ETF | 80 | $4,086 | dollars as filed | |
| Bridger Aerospace Grp Hldgs W Exp 01/24/202 | 96812F110 | SPAC Combination | 47,317 | $3,643 | dollars as filed | |
| FIRST TR EXCHANGE-TRADED FD | 33738D309 | SENIOR LN FD | 79 | $3,621 | dollars as filed | |
| INVESCO ACTIVELY MANAGED EXC | 46090A879 | VAR RATE INVT | 142 | $3,564 | dollars as filed | |
| JANUS DETROIT STR TR | 47103U886 | HENDRSN SHRT ETF | 70 | $3,450 | dollars as filed | |
| GRAYSCALE ETHEREUM STAKING | 38964R203 | SHS NEW | 73 | $2,860 | dollars as filed | |
| VANECK ETF TRUST | 92189F486 | IG FLOA RATE ETF | 106 | $2,710 | dollars as filed | |
| Oio Group W Exp 08/02/202 | G3R95P116 | SPAC Combination | 20,000 | $2,202 | dollars as filed | |
| ETF OPPORTUNITIES TRUST | 26923N413 | T REX 2X INVERSE | 368 | $1,936 | dollars as filed | |
| ONTO INNOVATION INC COM | 683344105 | Stock | 5 | $646 | dollars as filed | |
| ETF OPPORTUNITIES TRUST | 26923N322 | REX BITCOIN CORP | 15 | $426 | dollars as filed | |
| PGIM | 69344A834 | MUTUAL FUNDS - | 6 | $309 | dollars as filed | |
| Apple Inc | 037833100 | COM | 1 | $255 | dollars as filed |
Amendment chain
| Filing | Role | Filed | Accepted | Ingested |
|---|---|---|---|---|
| 13F-HR 0001420506-25-003395 | this filing | 2025-11-14 | acceptance time not in the bulk data set |