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.
Back to all 49 share positions
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).
| 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 TECHNOLOGIES INCTYLER TECHNOLOGIES INC 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 |
| BOFA FIN LLCBOFA FIN LLC MTNF 0.600% 5/2 | principal | 6,805,000 | $6.68M | -2,000,000 |
| BLACKSTONE MORTGAGE TRUST INBLACKSTONE MORTGAGE TRUST IN NOTE 5.500% 3/1 | principal | 6,398,000 | $6.24M | 0 |
| ITRON INCITRON INC NOTE 1.375% 7/1 | principal | 4,975,000 | $5.94M | new |
| UGI CORP NEWUGI CORP NEW NOTE 5.000% 6/0 | principal | 4,279,000 | $5.92M | new |
| UPWORK INCUPWORK INC NOTE 0.250% 8/1 | principal | 6,057,000 | $5.73M | 0 |
| BOX INCBOX INC NOTE 1/1 | principal | 4,200,000 | $5.62M | -3,080,000 |
| VERTEX INCVERTEX INC NOTE 0.750% 5/0 | principal | 4,669,000 | $5.61M | new |
| MGP INGREDIENTS INC NEWMGP INGREDIENTS INC NEW NOTE 1.875%11/1 | principal | 5,900,000 | $5.58M | 0 |
| SIRIUSXM HOLDINGS INCSIRIUSXM HOLDINGS INC NOTE 3.750% 3/1 | principal | 5,147,000 | $5.36M | 0 |
| Viavi Solutions IncViavi Solutions Inc Convertible bond | principal | 4,972,000 | $5.03M | -1,137,000 |
| LITHIUM ARGENTINA AGLITHIUM ARGENTINA AG NOTE 1.750% 1/1 | principal | 6,114,000 | $5M | -1,673,000 |
| MIDDLEBY CORPMIDDLEBY CORP NOTE 1.000% 9/0 | principal | 4,160,000 | $4.68M | 0 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 3.625%10/1 | principal | 4,933,000 | $4.44M | -33,521,000 |
| PORCH GROUP INCPORCH GROUP INC DEBT 9.000% 5/1 | principal | 3,500,000 | $4.41M | new |
| RAPID7 INCRAPID7 INC NOTE 0.250% 3/1 | principal | 4,660,000 | $4.35M | 0 |
| SNAP INCSNAP INC NOTE 0.125% 3/0 | principal | 4,850,000 | $4.21M | 0 |
| SEMTECH CORPSEMTECH CORP NOTE 1.625%11/0 | principal | 2,912,000 | $4.2M | -281,000 |
| SOLARIS ENERGY INFRAS INCSOLARIS ENERGY INFRAS INC NOTE 4.750% 5/0 | principal | 3,106,000 | $4.16M | new |
| FRESHPET INCFRESHPET INC NOTE 3.000% 4/0 | principal | 3,289,000 | $4.09M | -326,000 |
| XOMETRY INCXOMETRY INC NOTE 1.000% 2/0 | principal | 3,979,000 | $4.04M | -5,599,000 |
| DROPBOX INCDROPBOX INC NOTE 3/0 | principal | 3,914,000 | $3.98M | +446,000 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/0 | principal | 4,077,000 | $3.73M | +189,000 |
| Q2 HLDGS INCQ2 HLDGS INC NOTE 0.125%11/1 | principal | 3,712,000 | $3.66M | 0 |
| BLOOM ENERGY CORPBLOOM ENERGY CORP NOTE 3.000% 6/0 | principal | 2,500,000 | $3.53M | new |
| PENNYMAC CORPPENNYMAC CORP NOTE 5.500% 3/1 | principal | 3,058,000 | $3.04M | +124,000 |
| RAPID7 INCRAPID7 INC NOTE 1.250% 3/1 | principal | 3,235,000 | $2.87M | -10,138,000 |
| AMPHASTAR PHARMACEUTICALS INAMPHASTAR PHARMACEUTICALS IN NOTE 2.000% 3/1 | principal | 3,209,000 | $2.78M | +177,000 |
| BANDWIDTH INCBANDWIDTH INC NOTE 0.500% 4/0 | principal | 3,300,000 | $2.78M | 0 |
| APPLIED OPTOELECTRONICS INCAPPLIED OPTOELECTRONICS INC NOTE 2.750% 1/1 | principal | 2,800,000 | $2.76M | new |
| Dropbox IncDropbox Inc Convertible bond | principal | 2,604,000 | $2.59M | 0 |
| Shift4 Payments IncShift4 Payments Inc Convertible bond | principal | 2,000,000 | $2.54M | new |
| MIRUM PHARMACEUTICALS INCMIRUM PHARMACEUTICALS INC NOTE 4.000% 5/0 | principal | 1,329,000 | $2.36M | -103,000 |
| THE REALREAL INCTHE REALREAL INC CNV | principal | 2,814,000 | $2.22M | +700,000 |
| SOUTHERN COSOUTHERN CO NOTE 3.875%12/1 | principal | 1,950,000 | $2.16M | -4,897,000 |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 2,175,000 | $2.09M | 0 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/1 | principal | 2,140,000 | $2.04M | 0 |
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN NOTE 3.500% 6/0 | principal | 1,126,000 | $2.03M | -14,229,000 |
| H WORLD GROUP LTDH WORLD GROUP LTD Convertible bond | principal | 1,772,000 | $1.87M | -4,917,000 |
| BENTLEY SYS INCBENTLEY SYS INC NOTE 0.375% 7/0 | principal | 1,980,000 | $1.87M | 0 |
| REDWOOD TRUST INCREDWOOD TRUST INC Convertible | principal | 1,800,000 | $1.78M | 0 |
| CERENCE INCCERENCE INC NOTE 1.500% 7/0 | principal | 2,115,000 | $1.62M | -590,000 |
| STARWOOD PPTY TR INCSTARWOOD PPTY TR INC NOTE 6.750% 7/1 | principal | 1,500,000 | $1.61M | 0 |
| BILL HOLDINGS INCBILL HOLDINGS INC NOTE 12/0 | principal | 1,550,000 | $1.51M | 0 |
| STRATEGY INCSTRATEGY INC NOTE 0.875% 3/1 | principal | 741,000 | $1.4M | new |
| FIRST MAJESTIC SILVER CORPFIRST MAJESTIC SILVER CORP NOTE 0.375% 1/1 | principal | 1,410,000 | $1.34M | 0 |
| BLACKLINE INCBLACKLINE INC NOTE 3/1 | principal | 1,160,000 | $1.12M | 0 |
| SSR Mining IncSSR Mining Inc Convertible bond | principal | 1,058,000 | $1.1M | 0 |
| NCL CORP LTDNCL CORP LTD NOTE 5.375% 8/0 | principal | 944,000 | $1.06M | -10,098,000 |
| CRACKER BARREL OLD CTRY STORCRACKER BARREL OLD CTRY STOR cv | principal | 1,058,000 | $1.01M | 0 |
| ARRAY TECHNOLOGIES INCARRAY TECHNOLOGIES INC NOTE 1.000%12/0 | principal | 1,174,000 | $934K | -49,956,000 |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION NOTE 1.750% 8/1 | principal | 859,000 | $799K | 0 |
| ZIFF DAVIS INCZIFF DAVIS INC NOTE 1.75% 11/01/2026 | principal | 775,000 | $739K | 0 |
| GOSSAMER BIO INCGOSSAMER BIO INC NOTE 5.000% 6/0 | principal | 1,000,000 | $526K | new |
| VERITONE INCVERITONE INC NOTE 1.750%11/1 | principal | 1,057,000 | $468K | 0 |
| AMC GLOBAL MEDIA INCAMC GLOBAL MEDIA INC NOTE 4.250% 2/1 | principal | 476,000 | $402K | new |
| MACOM TECH SOLUTIONS HLDGS IMACOM TECH SOLUTIONS HLDGS I NOTE 0.250% 3/1 | principal | 200,000 | $350K | 0 |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC NOTE 2.500% 3/1 | principal | 223,000 | $278K | +220,000 |
| INTEGER HLDGS CORPINTEGER HLDGS CORP NOTE 2.125% 2/1 | principal | 175,000 | $263K | new |
| CLOUDFLARE INCCLOUDFLARE INC NOTE 8/1 | principal | 173,000 | $205K | -24,421,000 |
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 |