ADVENT CAPITAL MANAGEMENT /DE/
Follow13F filer, CIK 1097278, NEW YORK, NY
ADVENT CAPITAL MANAGEMENT /DE/ reported $4,697,182,595 across 231 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-13. Its ten largest share positions make up 28.38% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001140361-25-030722
- Period
- 2025-06-30
- Reported value
- $4.7B
- Holdings
- 231
- Top 10 weight
- 28.38%
- New
- 71
- Sold out
- 50
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| KKR & CO INCadded | +595,269 | $31.8M |
| ACVTnew | +990,000 | $25.9M |
| SHIFT4 PMTS INCnew | +174,538 | $20M |
| APOLLO GLOBAL MGMT INCadded | +70,923 | $5.29M |
| QXO INCnew | +80,000 | $4.92M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| BAPRAreduced | -228,418 | -$15.4M |
| MCHPPreduced | -198,075 | -$13.2M |
| HEWLETT PACKARD ENTERPRISE Creduced | -143,743 | -$8.42M |
| BTSGreduced | -78,298 | -$6.42M |
| AVGOreduced | -15,000 | -$4.13M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q2 2025
Share positions as resolved from 13F-HR 0001140361-25-030722, largest first. % of portfolio is the value over $4,554,059,250, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| WELLS FARGO & COWELLS FARGO & CO | 180,009 | $211M | 4.63% | +289 | |||
| BANK OF AMER CORPBANK OF AMER CORP | 172,838 | $207M | 4.55% | -617 | |||
| KKR & CO INCKKR & CO INC | 1,731,820 | $92.6M | 2.03% | +595,269 | |||
| APOLLO GLOBAL MGMT INCAPOLLO GLOBAL MGMT INC | 1,175,194 | $87.7M | 1.93% | +70,923 | |||
| NEXTERA ENERGY INCNEXTERA ENERGY INC | 1,766,596 | $69.9M | 1.53% | -10,725 | |||
| BAPRABOEING CO | 798,119 | $53.9M | 1.18% | -228,418 | Timeline | ||
| ARES MANAGEMENT CORPORATIONARES MANAGEMENT CORPORATION | 828,550 | $45.3M | 0.99% | -52,484 | |||
| NEENEXTERA ENERGY INC | 944,551 | $44.4M | 0.97% | +54,036 | Timeline | ||
| MCHPPMICROCHIP TECHNOLOGY INC. | 441,925 | $29.4M | 0.65% | -198,075 | Timeline | ||
| ACVTRBB FUND TRUST | 990,000 | $25.9M | 0.57% | new | Timeline | ||
| SHIFT4 PMTS INCSHIFT4 PMTS INC | 174,538 | $20M | 0.44% | new | |||
| PG&E CORPPG&E CORP | 394,260 | $14.8M | 0.32% | -35,422 | |||
| CHART INDS INCCHART INDS INC | 236,552 | $14.3M | 0.31% | +58,934 | |||
| HEWLETT PACKARD ENTERPRISE CHEWLETT PACKARD ENTERPRISE C | 226,056 | $13.2M | 0.29% | -143,743 | |||
| ALBEMARLE CORPALBEMARLE CORP | 158,738 | $5.05M | 0.11% | -89,133 | |||
| QXO INCQXO INC | 80,000 | $4.92M | 0.11% | new | |||
| STRKSTRATEGY INC | 39,818 | $4.82M | 0.11% | +4,000 | Timeline | ||
| METAMETA PLATFORMS INC | 6,000 | $4.43M | 0.1% | new | Timeline | ||
| AMGNAMGEN INC | 15,000 | $4.19M | 0.09% | new | Timeline | ||
| AVGOBROADCOM INC | 15,000 | $4.13M | 0.09% | -15,000 | Timeline | ||
| IBMINTERNATIONAL BUSINESS MACHS | 14,000 | $4.13M | 0.09% | new | Timeline | ||
| RHRH | 20,000 | $3.78M | 0.08% | new | Timeline | ||
| WHRWHIRLPOOL CORP | 35,000 | $3.55M | 0.08% | new | Timeline | ||
| DXCMDEXCOM INC | 40,000 | $3.49M | 0.08% | -10,000 | Timeline | ||
| FANGDIAMONDBACK ENERGY INC | 25,000 | $3.44M | 0.08% | 0 | Timeline | ||
| MGMMGM RESORTS INTERNATIONAL | 95,000 | $3.27M | 0.07% | new | Timeline | ||
| JPMJPMORGAN CHASE & CO | 10,000 | $2.9M | 0.06% | new | Timeline | ||
| TAT&T INC | 100,000 | $2.89M | 0.06% | new | Timeline | ||
| TOLTOLL BROTHERS INC | 25,000 | $2.85M | 0.06% | new | Timeline | ||
| NVDANVIDIA CORPORATION | 15,000 | $2.37M | 0.05% | new | Timeline | ||
| LOWLOWES COS INC | 10,000 | $2.22M | 0.05% | -8,000 | Timeline | ||
| AMZNAMAZON COM INC | 10,000 | $2.19M | 0.05% | new | Timeline | ||
| BTSGBRIGHTSPRING HEALTH SVCS INC | 21,023 | $1.72M | 0.04% | -78,298 | Timeline | ||
| ZTSZOETIS INC | 10,000 | $1.56M | 0.03% | -10,000 | Timeline | ||
| NOWSERVICENOW INC | 1,238 | $1.27M | 0.03% | new | Timeline | ||
| LAZLAZARD INC | 25,000 | $1.2M | 0.03% | new | Timeline | ||
| ETNEATON CORP PLC | 3,000 | $1.07M | 0.02% | -7,000 | Timeline | ||
| QFINQFIN HOLDINGS INC | 18,856 | $818K | 0.02% | new | Timeline | ||
| OPFIOPPFI INC | 20,000 | $280K | 0.01% | new | Timeline | ||
| CYBERARK SOFTWARE LTD/ISRAELCYBERARK SOFTWARE LTD/ISRAEL | 516 | $210K | <0.01% | new | |||
| TVTXTRAVERE THERAPEUTICS INC | 14,000 | $207K | <0.01% | new | Timeline | ||
| SOSOUTHERN CO | 2,200 | $202K | <0.01% | new | Timeline | ||
| PENNPENN ENTERTAINMENT INC | 10,386 | $186K | <0.01% | -10,385 | Timeline | ||
| BTGB2GOLD CORP | 46,500 | $168K | <0.01% | new | Timeline | ||
| REALTHE REALREAL INC | 25,000 | $120K | <0.01% | new | Timeline | ||
| PMTPENNYMAC MTG INVT TR | 7,584 | $97.5K | <0.01% | 0 | Timeline | ||
| PRAAPRA GROUP INC | 5,682 | $83.8K | <0.01% | new | Timeline | ||
| AUROWAURORA INNOVATION INC | 61,500 | $53.5K | <0.01% | 0 | Timeline | ||
| BIGBEAR AI HLDGS INCBIGBEAR AI HLDGS INC | 18,260 | $43.8K | <0.01% | 0 |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 117,500 | $72.6M | -52,500 |
| CSCOCISCO SYS INC COM | call | 400,000 | $27.8M | new |
| HOODROBINHOOD MKTS INC COM | put | 100,000 | $9.36M | new |
| CORZCORE SCIENTIFIC INC NEW COM | call | 250,000 | $4.27M | new |
| NCLHNORWEGIAN CRUISE LINE HLDGS Stock | call | 200,000 | $4.06M | new |
| SOFISOFI TECHNOLOGIES INC Stock | call | 200,000 | $3.64M | 0 |
| AFRMAFFIRM HLDGS INC Stock | call | 40,000 | $2.77M | +35,000 |
| LYFTLYFT INC CL A COM | call | 165,000 | $2.6M | +145,000 |
| BABAALIBABA GROUP HLDG LTD SPONSORED ADS | call | 20,000 | $2.27M | -100,000 |
| RIOTRIOT PLATFORMS INC COM | call | 200,000 | $2.26M | new |
| AMGNAMGEN INC COM | call | 7,500 | $2.09M | new |
| SOFISOFI TECHNOLOGIES INC Stock | put | 100,000 | $1.82M | new |
| ALBALBEMARLE CORP COM | call | 26,000 | $1.63M | new |
| AGNCAGNC INVT CORP REIT | call | 100,000 | $919K | new |
| DKNGDRAFTKINGS INC NEW COM CL A | call | 20,000 | $858K | new |
| MARAMARA HOLDINGS INC Stock | call | 50,000 | $784K | new |
| UNHUNITEDHEALTH GROUP INC COM | call | 2,500 | $780K | new |
| GMEGAMESTOP CORP CL A | call | 30,000 | $732K | new |
| CLSKCLEANSPARK INC COM NEW | call | 50,000 | $552K | new |
| CFLTCONFLUENT INC-CLASS A CLASS A COM | call | 20,000 | $499K | new |
| BBAIBIGBEAR AI HLDGS INC Stock | call | 50,000 | $340K | new |
| SPCEVIRGIN GALACTIC HOLDINGS INC COMMON STOCK | call | 100,000 | $273K | new |
| LUNRINTUITIVE MACHINES INC CLASS A COM | call | 25,000 | $272K | new |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
The largest 100 of 159. All 159
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 0.875%12/0 | principal | 120,067,000 | $172M | -18,285,000 |
| GLOBAL PMTS INCGLOBAL PMTS INC NOTE 1.500% 3/0 | principal | 153,650,000 | $138M | -8,601,000 |
| VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 | principal | 93,417,000 | $112M | +433,000 |
| MERITAGE HOMES CORPMERITAGE HOMES CORP NOTE 1.750% 5/1 | principal | 104,661,000 | $102M | new |
| DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND | principal | 91,793,000 | $97.2M | +11,955,000 |
| CMS ENERGY CORPCMS ENERGY CORP NOTE 3.375% 5/0 | principal | 68,845,000 | $73.4M | -9,780,000 |
| DRAFTKINGS INC NEWDRAFTKINGS INC NEW CNV | principal | 78,967,000 | $71M | +1,952,000 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 74,589,000 | $70.3M | -18,803,000 |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV | principal | 71,435,000 | $66.9M | -5,487,000 |
| PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1 | principal | 58,448,000 | $63.3M | -413,000 |
| SHIFT4 PMTS INCSHIFT4 PMTS INC NOTE 0.500% 8/0 | principal | 58,720,000 | $63.1M | +29,572,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 5/0 | principal | 52,283,000 | $62.1M | +18,355,000 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 62,377,000 | $59.4M | -19,263,000 |
| NEXTERA ENERGY CAP HLDGS INCNEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0 | principal | 51,705,000 | $58.9M | +3,165,000 |
| MKS INC.MKS INC. NOTE 1.250% 6/0 | principal | 59,189,000 | $58.6M | new |
| EXPEDIA GROUP INCEXPEDIA GROUP INC NOTE 2/1 | principal | 60,131,000 | $58.6M | -11,477,000 |
| IONIS PHARMACEUTICALS INCIONIS PHARMACEUTICALS INC NOTE 1.750% 6/1 | principal | 46,696,000 | $49.2M | +15,882,000 |
| PG&E CORPPG&E CORP NOTE 4.250%12/0 | principal | 47,413,000 | $47.2M | -19,094,000 |
| PARSONS CORP DELPARSONS CORP DEL NOTE 2.625% 3/0 | principal | 43,612,000 | $46.6M | +32,602,000 |
| PENN ENTERTAINMENT INCPENN ENTERTAINMENT INC NOTE 2.750% 5/1 | principal | 44,401,000 | $46.2M | +3,662,000 |
| AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS A | principal | 46,267,000 | $44.7M | +1,564,000 |
| CENTERPOINT ENERGY INCCENTERPOINT ENERGY INC NOTE 4.250% 8/1 | principal | 41,183,000 | $44.7M | -570,000 |
| MARRIOTT VACATIONS WORLDWIDEMARRIOTT VACATIONS WORLDWIDE NOTE 3.250%12/1 | principal | 47,646,000 | $44.5M | +5,231,000 |
| WORKIVA INCWORKIVA INC NOTE 1.250% 8/1 | principal | 47,716,000 | $44.3M | +23,513,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 12/1 | principal | 36,346,000 | $43.6M | -8,085,000 |
| ITRON INCITRON INC NOTE 3/1 | principal | 38,557,000 | $43.6M | -7,725,000 |
| COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.500% 6/0 | principal | 37,162,000 | $43M | +145,000 |
| CONFLUENT INCCONFLUENT INC NOTE 1/1 | principal | 44,455,000 | $41.1M | +7,943,000 |
| BENTLEY SYSTEMS INCBENTLEY SYSTEMS INC NOTE 0.125% 1/1 | principal | 41,079,000 | $41M | +2,200,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0 | principal | 42,941,000 | $39.8M | -19,303,000 |
| WAYFAIR INCWAYFAIR INC NOTE 3.250% 9/1 | principal | 34,774,000 | $39.7M | -2,719,000 |
| TETRA TECH INC NEWTETRA TECH INC NEW DBCV 2.250% 8/1 | principal | 34,235,000 | $38.6M | +4,582,000 |
| SUPER MICRO COMPUTER INCSUPER MICRO COMPUTER INC NOTE 3.500% 3/0 | principal | 36,760,000 | $38.5M | -3,098,000 |
| SNAP INCSNAP INC Convertible | principal | 44,811,000 | $38.2M | new |
| FIVE9 INCFIVE9 INC CNV | principal | 42,572,000 | $37.3M | +26,021,000 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 4.625% 3/1 | principal | 34,519,000 | $35.2M | -4,213,000 |
| TYLER TEX INDPT SCH DISTTYLER TEX INDPT SCH DIST NOTE 0.250% 3/1 | principal | 28,311,000 | $34.9M | +17,211,000 |
| VISHAY INTERTECHNOLOGY INCVISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1 | principal | 35,186,000 | $31.7M | +3,966,000 |
| NORTHERN OIL & GAS INCNORTHERN OIL & GAS INC NOTE 3.625% 4/1 | principal | 29,880,000 | $31.3M | +22,779,000 |
| REPLIGEN CORPREPLIGEN CORP NOTE 1.000%12/1 | principal | 31,004,000 | $30.9M | new |
| SOUTHERN COSOUTHERN CO NOTE 4.500% 6/1 | principal | 27,502,000 | $30.4M | new |
| NCL CORP LTDNCL CORP LTD BOND | principal | 30,802,000 | $30.3M | -26,303,000 |
| AMERICAN WTR CAP CORPAMERICAN WTR CAP CORP NOTE 3.625% 6/1 | principal | 29,846,000 | $30.1M | -4,931,000 |
| EVOLENT HEALTH INCEVOLENT HEALTH INC NOTE 3.500%12/0 | principal | 35,263,000 | $30.1M | +1,180,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500% 6/1 | principal | 28,552,000 | $29.6M | -9,891,000 |
| ETSY INCETSY INC NOTE 0.125% 9/0 | principal | 31,819,000 | $28.4M | +150,000 |
| JD.COM INCJD.COM INC NOTE 0.250% 6/0 | principal | 26,590,000 | $27.8M | new |
| TANDEM DIABETES CARE INCTANDEM DIABETES CARE INC NOTE 1.500% 3/1 | principal | 28,183,000 | $27.2M | +11,121,000 |
| LANTHEUS HLDGS INCLANTHEUS HLDGS INC Convertible | principal | 21,305,000 | $27.1M | +16,372,000 |
| WINNEBAGO INDS INCWINNEBAGO INDS INC NOTE 3.250% 1/1 | principal | 31,217,000 | $27M | -894,000 |
| ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 | principal | 20,740,000 | $26.5M | new |
| TELADOC HEALTH INCTELADOC HEALTH INC NOTE 1.250% 6/0 | principal | 28,355,000 | $26.2M | -11,790,000 |
| ENOVIS CORPORATIONENOVIS CORPORATION NOTE 3.875%10/1 | principal | 26,414,000 | $26.1M | +5,613,000 |
| PENNYMAC CORPPENNYMAC CORP Convertible Bond | principal | 25,659,000 | $26M | new |
| BLOCK INCBLOCK INC NOTE 0.250%11/0 | principal | 29,051,000 | $26M | +1,807,000 |
| PEBBLEBROOK HOTEL TRPEBBLEBROOK HOTEL TR NOTE 1.750%12/1 | principal | 26,001,000 | $24.6M | +1,100,000 |
| FLUOR CORPFLUOR CORP NOTE 1.125% 8/1 | principal | 18,753,000 | $24.6M | -3,646,000 |
| WESTERN DIGITAL CORPWESTERN DIGITAL CORP NOTE 3.000%11/1 | principal | 13,089,000 | $23.5M | -14,861,000 |
| WEC ENERGY GROUP INCWEC ENERGY GROUP INC Convertible | principal | 19,948,000 | $23.1M | new |
| COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.250% 4/0 | principal | 17,568,000 | $23M | -33,034,000 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1 | principal | 22,720,000 | $23M | +18,759,000 |
| FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1 | principal | 22,606,000 | $22.4M | +3,924,000 |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. NOTE 0.750% 6/0 | principal | 22,218,000 | $21.9M | new |
| HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 2.500% 6/0 | principal | 21,650,000 | $21.6M | new |
| NEOGENOMICS INCNEOGENOMICS INC NOTE 0.250% 1/1 | principal | 23,995,000 | $20.6M | -3,989,000 |
| Q2 HLDGS INCQ2 HLDGS INC NOTE 0.750% 6/0 | principal | 16,497,000 | $19.7M | +9,625,000 |
| TRAVERE THERAPEUTICS INCTRAVERE THERAPEUTICS INC CNV | principal | 20,379,000 | $19.5M | +17,739,000 |
| LYFT INCLYFT INC Convertible | principal | 17,654,000 | $18.9M | -32,206,000 |
| TRIP COM GROUP LTDTRIP COM GROUP LTD NOTE 0.750% 6/1 | principal | 16,209,000 | $18.1M | new |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 21,513,000 | $17.5M | 0 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 | principal | 17,623,000 | $17.1M | -19,449,000 |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 0.250% 3/0 | principal | 16,930,000 | $16.9M | +885,000 |
| SHAKE SHACK INCSHAKE SHACK INC NOTE 3/0 | principal | 15,677,000 | $16.8M | -9,258,000 |
| CAPITAL SOUTHWEST CORPCAPITAL SOUTHWEST CORP Convertible Bond | principal | 15,700,000 | $15.5M | +3,000,000 |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC Convertible | principal | 15,340,000 | $14.4M | -1,458,000 |
| PAGERDUTY INCPAGERDUTY INC NOTE 1.500%10/1 | principal | 14,406,000 | $13.8M | +239,000 |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 2.250% 6/0 | principal | 13,969,000 | $13.6M | new |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 8,869,000 | $13.5M | -2,551,000 |
| FIRSTENERGY CORPFIRSTENERGY CORP NOTE 4.000% 5/0 | principal | 12,593,000 | $12.7M | -14,801,000 |
| WORKIVA INCWORKIVA INC NOTE 1.125% 8/1 | principal | 11,287,000 | $12.2M | new |
| ALLIANT ENERGY CORPALLIANT ENERGY CORP NOTE 3.875% 3/1 | principal | 11,680,000 | $12M | 0 |
| PEABODY ENGR CORPPEABODY ENGR CORP NOTE 3.250% 3/0 | principal | 11,231,000 | $11.6M | new |
| CABLE ONE INCCABLE ONE INC NOTE 3/1 | principal | 12,074,000 | $11.5M | +2,074,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500%12/1 | principal | 9,550,000 | $11.3M | -15,206,000 |
| AMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INC NOTE 6.500% 7/0 | principal | 11,131,000 | $11.1M | +1,026,000 |
| PELOTON INTERACTIVE INCPELOTON INTERACTIVE INC NOTE 5.500%12/0 | principal | 5,494,000 | $10.1M | new |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 1.500%12/1 | principal | 6,545,000 | $10.1M | -3,242,000 |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 1.000% 8/1 | principal | 8,764,000 | $10M | -2,456,000 |
| BURLINGTON STORES INCBURLINGTON STORES INC NOTE 1.250%12/1 | principal | 7,645,000 | $9.9M | -3,554,000 |
| CABLE ONE INCCABLE ONE INC NOTE | principal | 12,145,000 | $9.29M | -3,677,000 |
| TXNM ENERGY INCTXNM ENERGY INC NOTE 5.750% 6/0 | principal | 6,925,000 | $9.01M | new |
| NABORS INDS INCNABORS INDS INC NOTE 1.750% 6/1 | principal | 15,442,000 | $8.92M | -10,450,000 |
| WAYFAIR INCWAYFAIR INC Convertible bond | principal | 6,550,000 | $8.86M | -23,993,000 |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1 | principal | 5,749,000 | $8.84M | -5,442,000 |
| Shopify IncShopify Inc Convertible bond | principal | 8,535,000 | $8.66M | -1,360,000 |
| NCL CORP LTDNCL CORP LTD NOTE 2.500% 2/1 | principal | 8,636,000 | $8.64M | +5,236,000 |
| PDD HOLDINGS INCPDD HOLDINGS INC NOTE 12/0 | principal | 8,490,000 | $8.28M | 0 |
| UNITY SOFTWARE INCUNITY SOFTWARE INC NOTE 11/1 | principal | 8,702,000 | $8.15M | 0 |
| NEW MTN FIN CORPNEW MTN FIN CORP BOND | principal | 7,404,000 | $7.43M | +171,000 |
| HERBALIFE LTDHERBALIFE LTD NOTE 4.250% 6/1 | principal | 7,709,000 | $7.02M | -3,246,000 |
Sold out in Q2 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 125,000 | $69.9M | call |
| BOOKING HOLDINGS INCBOOKING HOLDINGS INC | 23,212,000 | $57.1M | principal |
| SAREPTA THERAPEUTICS INCSAREPTA THERAPEUTICS INC | 47,667,000 | $44.4M | principal |
| SOUTHWEST AIRLS COSOUTHWEST AIRLS CO | 20,378,000 | $20.4M | principal |
| REDFIN CORPREDFIN CORP | 20,776,000 | $18.3M | principal |
| TRANSMEDICS GROUP INCTRANSMEDICS GROUP INC | 16,872,000 | $18.1M | principal |
| WOLFSPEED INCWOLFSPEED INC | 65,475,000 | $14.7M | principal |
| DATADOG INCDATADOG INC | 12,089,000 | $13.6M | principal |
| NUTANIX INCNUTANIX INC | 7,143,000 | $9.54M | principal |
| ZSCALER INCZSCALER INC | 6,285,000 | $8.35M | principal |
| WOLFSPEED INCWOLFSPEED INC | 29,750,000 | $7.39M | principal |
| HUBSPOT INCHUBSPOT INC | 2,476,000 | $4.99M | principal |
| TJXTJX COS INC NEW | 40,000 | $4.87M | call |
| PROS HOLDINGS INCPROS HOLDINGS INC | 5,074,000 | $4.8M | principal |
| INSULET CORPINSULET CORP | 3,100,000 | $3.94M | principal |
| BLOOM ENERGY CORPBLOOM ENERGY CORP | 2,820,000 | $3.69M | principal |
| NOCNORTHROP GRUMMAN CORP | 7,000 | $3.58M | shares |
| VAIL RESORTS INCVAIL RESORTS INC | 3,400,000 | $3.28M | principal |
| ATENA10 NETWORKS INC | 200,000 | $3.27M | put |
| NFLXNETFLIX INC. | 3,500 | $3.26M | shares |
| GEGE AEROSPACE | 16,000 | $3.2M | shares |
| OGNORGANON & CO | 200,000 | $2.98M | shares |
| LLYELI LILLY & CO | 3,500 | $2.89M | shares |
| AXON ENTERPRISE INCAXON ENTERPRISE INC | 1,209,000 | $2.84M | principal |
| VLOVALERO ENERGY CORP | 20,000 | $2.64M | shares |
| PALO ALTO NETWORKS INCPALO ALTO NETWORKS INC | 765,000 | $2.63M | principal |
| ROYAL CARIBBEAN GROUPROYAL CARIBBEAN GROUP | 612,000 | $2.53M | principal |
| PHPARKER-HANNIFIN CORP | 4,000 | $2.43M | shares |
| IRHYTHM HOLDINGS INCIRHYTHM HOLDINGS INC | 2,327,000 | $2.43M | principal |
| SRPTSAREPTA THERAPEUTICS INC | 36,900 | $2.35M | shares |
| MTBM & T BK CORP | 12,000 | $2.15M | shares |
| CCITIGROUP INC | 30,000 | $2.13M | shares |
| FIVERR INTL LTDFIVERR INTL LTD | 2,070,000 | $2.01M | principal |
| GROUPON INCGROUPON INC | 1,788,000 | $1.87M | principal |
| ETSY INCETSY INC | 2,115,000 | $1.8M | principal |
| PCGPG&E CORP | 79,368 | $1.36M | shares |
| SPIRIT AEROSYSTEMS INCSPIRIT AEROSYSTEMS INC | 850,000 | $1.16M | principal |
| CHEESECAKE FACTORY INCCHEESECAKE FACTORY INC | 1,045,000 | $1.03M | principal |
| LYFT INCLYFT INC | 979,000 | $979K | principal |
| NATIONAL VISION HLDGS INCNATIONAL VISION HLDGS INC | 679,000 | $676K | principal |
| ZILLOW GROUP INCZILLOW GROUP INC | 583,000 | $608K | principal |
| SNAP INCSNAP INC | 610,000 | $589K | principal |
| HUBSHUBSPOT INC | 1,000 | $571K | call |
| OPFIOPPFI INC | 50,000 | $465K | put |
| FTAIFTAI AVIATION LTD | 3,000 | $333K | call |
| GMEGAMESTOP CORP | 13,900 | $310K | shares |
| VARONIS SYS INCVARONIS SYS INC | 200,000 | $267K | principal |
| LUMNLUMEN TECHNOLOGIES INC | 50,000 | $196K | call |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP | 145,000 | $156K | principal |
| OPFIOPPFI INC | 10,000 | $93K | call |
How Q2 2025 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001140361-25-030722 | base | 2025-08-13 | acceptance time not in the bulk data set |