ADVENT CAPITAL MANAGEMENT /DE/
Follow13F filer, CIK 1097278, NEW YORK, NY
ADVENT CAPITAL MANAGEMENT /DE/ reported $4,588,062,634 across 221 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-13. Its ten largest share positions make up 31.26% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001140361-25-041917
- Period
- 2025-09-30
- Reported value
- $4.59B
- Holdings
- 221
- Top 10 weight
- 31.26%
- New
- 46
- Sold out
- 56
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| NEEadded | +1,174,983 | $58.5M |
| BRKRPnew | +112,520 | $30.6M |
| SHIFT4 PMTS INCadded | +109,492 | $10.2M |
| APOLLO GLOBAL MGMT INCadded | +145,476 | $10.2M |
| MCHPPadded | +107,785 | $6.34M |
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 |
|---|---|---|
| NEXTERA ENERGY INCexited | -1,766,596 | -$69.9M |
| CHART INDS INCexited | -236,552 | -$14.3M |
| WELLS FARGO & COreduced | -4,963 | -$6.12M |
| METAexited | -6,000 | -$4.43M |
| IBMexited | -14,000 | -$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 37 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 | 158,000 | $105M | +40,500 |
| BABAALIBABA GROUP HLDG LTD SPONSORED ADS | call | 29,500 | $5.27M | +9,500 |
| JDJD.COM INC ADR | call | 150,000 | $5.25M | new |
| GMEGAMESTOP CORP CL A | call | 125,000 | $3.41M | +95,000 |
| CIMCHIMERA INVT CORP COM SHS | call | 200,000 | $2.64M | new |
| CIFRCIPHER DIGITAL INC Stock | call | 160,000 | $2.01M | new |
| AGNCAGNC INVT CORP REIT | call | 195,100 | $1.91M | +95,100 |
| CRWVCOREWEAVE INC COM | call | 12,500 | $1.71M | new |
| BTDRBITDEER TECHNOLOGIES GROUP Stock | put | 100,000 | $1.71M | new |
| LYFTLYFT INC CL A COM | call | 55,000 | $1.21M | -110,000 |
| REALTHE REALREAL INC COM | call | 100,000 | $1.06M | new |
| BEBLOOM ENERGY CORP COM | call | 10,000 | $846K | new |
| SOFISOFI TECHNOLOGIES INC Stock | call | 30,000 | $793K | -170,000 |
| BBAIBIGBEAR AI HLDGS INC Stock | call | 100,000 | $652K | +50,000 |
| RIOTRIOT PLATFORMS INC COM | call | 28,500 | $542K | -171,500 |
| GOSSGOSSAMER BIO INC Stock | call | 200,000 | $526K | new |
| RDWREDWIRE CORPORATION COM | call | 55,000 | $494K | new |
| BTDRBITDEER TECHNOLOGIES GROUP Stock | call | 20,000 | $342K | new |
| GGALGRUPO FINANCIERO GALICIA S.A SPONSORED ADR | call | 10,000 | $276K | new |
| PLUGPLUG PWR INC COM NEW | call | 100,000 | $233K | new |
| LULULULULEMON ATHLETICA INC COM | call | 1,000 | $178K | new |
| AURAURORA INNOVATION INC Stock | call | 20,000 | $108K | 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 | 125,451,000 | $185M | +5,384,000 |
| VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 | principal | 102,867,000 | $133M | +9,450,000 |
| GLOBAL PMTS INCGLOBAL PMTS INC NOTE 1.500% 3/0 | principal | 140,503,000 | $129M | -13,147,000 |
| MERITAGE HOMES CORPMERITAGE HOMES CORP NOTE 1.750% 5/1 | principal | 111,695,000 | $115M | +7,034,000 |
| DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND | principal | 93,911,000 | $101M | +2,118,000 |
| PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1 | principal | 77,086,000 | $88.1M | +18,638,000 |
| CMS ENERGY CORPCMS ENERGY CORP NOTE 3.375% 5/0 | principal | 77,733,000 | $85.3M | +8,888,000 |
| NEXTERA ENERGY CAP HLDGS INCNEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0 | principal | 58,205,000 | $68.9M | +6,500,000 |
| EXPEDIA GROUP INCEXPEDIA GROUP INC NOTE 2/1 | principal | 66,705,000 | $67.3M | +6,574,000 |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP NOTE 3.500% 3/0 | principal | 64,630,000 | $65.2M | new |
| DRAFTKINGS INC NEWDRAFTKINGS INC NEW CNV | principal | 66,630,000 | $60M | -12,337,000 |
| SHIFT4 PMTS INCSHIFT4 PMTS INC NOTE 0.500% 8/0 | principal | 60,160,000 | $59.4M | +1,440,000 |
| CENTERPOINT ENERGY INCCENTERPOINT ENERGY INC NOTE 4.250% 8/1 | principal | 52,075,000 | $57.9M | +10,892,000 |
| BOX INCBOX INC NOTE 1.500% 9/1 | principal | 54,865,000 | $55.3M | new |
| LANTHEUS HLDGS INCLANTHEUS HLDGS INC Convertible | principal | 52,317,000 | $55.2M | +31,012,000 |
| TETRA TECH INC NEWTETRA TECH INC NEW DBCV 2.250% 8/1 | principal | 44,874,000 | $48.6M | +10,639,000 |
| SOUTHERN COSOUTHERN CO NOTE 4.500% 6/1 | principal | 43,579,000 | $48.5M | +16,077,000 |
| FIVE9 INCFIVE9 INC CNV | principal | 50,345,000 | $44.7M | +7,773,000 |
| PG&E CORPPG&E CORP NOTE 4.250%12/0 | principal | 44,036,000 | $44.6M | -3,377,000 |
| MARRIOTT VACATIONS WORLDWIDEMARRIOTT VACATIONS WORLDWIDE NOTE 3.250%12/1 | principal | 42,987,000 | $41.1M | -4,659,000 |
| WORKIVA INCWORKIVA INC NOTE 1.250% 8/1 | principal | 41,072,000 | $40.6M | -6,644,000 |
| TYLER TECHNOLOGIES INCTYLER TECHNOLOGIES INC NOTE 0.250% 3/1 | principal | 36,753,000 | $40.4M | +8,442,000 |
| PARSONS CORP DELPARSONS CORP DEL NOTE 2.625% 3/0 | principal | 35,335,000 | $40.4M | -8,277,000 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 42,466,000 | $39.9M | -19,911,000 |
| COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.500% 6/0 | principal | 35,554,000 | $39.6M | -1,608,000 |
| AIRBNB INCAIRBNB INC CLASS A | principal | 40,318,000 | $39.5M | -5,949,000 |
| Q2 HLDGS INCQ2 HLDGS INC NOTE 0.750% 6/0 | principal | 37,913,000 | $39.4M | +21,416,000 |
| PENN ENTERTAINMENT INCPENN ENTERTAINMENT INC NOTE 2.750% 5/1 | principal | 37,846,000 | $39.2M | -6,555,000 |
| CONFLUENT INCCONFLUENT INC NOTE 1/1 | principal | 41,107,000 | $38.8M | -3,348,000 |
| SNOWFLAKE INCSNOWFLAKE INC NOTE 10/0 | principal | 24,532,000 | $38.5M | new |
| SUPER MICRO COMPUTER INCSUPER MICRO COMPUTER INC NOTE 3.500% 3/0 | principal | 35,806,000 | $36.6M | -954,000 |
| SNAP INCSNAP INC Convertible | principal | 41,661,000 | $35.8M | -3,150,000 |
| ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 | principal | 19,467,000 | $35.8M | -1,273,000 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 3.625%10/1 | principal | 38,682,000 | $35.7M | +33,749,000 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 38,026,000 | $34.7M | -36,563,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0 | principal | 36,189,000 | $33.5M | -6,752,000 |
| UPWORK INCUPWORK INC NOTE 0.250% 8/1 | principal | 32,174,000 | $31.2M | +26,117,000 |
| VERTEX INCVERTEX INC NOTE 0.750% 5/0 | principal | 30,556,000 | $31.2M | +25,887,000 |
| ITRON INCITRON INC NOTE 3/1 | principal | 28,553,000 | $30.2M | -10,004,000 |
| PENNYMAC CORPPENNYMAC CORP Convertible Bond | principal | 28,548,000 | $29.5M | +2,889,000 |
| NORTHERN OIL & GAS INCNORTHERN OIL & GAS INC NOTE 3.625% 4/1 | principal | 29,298,000 | $29.5M | -582,000 |
| VISHAY INTERTECHNOLOGY INCVISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1 | principal | 31,888,000 | $29.1M | -3,298,000 |
| REPLIGEN CORPREPLIGEN CORP NOTE 1.000%12/1 | principal | 28,133,000 | $28.4M | -2,871,000 |
| FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1 | principal | 27,488,000 | $27.9M | +4,882,000 |
| HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 2.500% 6/0 | principal | 29,423,000 | $27.3M | +7,773,000 |
| BLOCK INCBLOCK INC NOTE 0.250%11/0 | principal | 29,674,000 | $27.1M | +623,000 |
| BENTLEY SYSTEMS INCBENTLEY SYSTEMS INC NOTE 0.125% 1/1 | principal | 26,021,000 | $25.7M | -15,058,000 |
| SHAKE SHACK INCSHAKE SHACK INC NOTE 3/0 | principal | 26,357,000 | $25.1M | +10,680,000 |
| ETSY INCETSY INC NOTE 0.125% 9/0 | principal | 26,781,000 | $24.7M | -5,038,000 |
| WEC ENERGY GROUP INCWEC ENERGY GROUP INC Convertible | principal | 19,948,000 | $24.5M | 0 |
| EVOLENT HEALTH INCEVOLENT HEALTH INC NOTE 3.500%12/0 | principal | 30,062,000 | $24.2M | -5,201,000 |
| TRAVERE THERAPEUTICS INCTRAVERE THERAPEUTICS INC CNV | principal | 20,182,000 | $22.9M | -197,000 |
| TRIP COM GROUP LTDTRIP COM GROUP LTD NOTE 0.750% 6/1 | principal | 17,409,000 | $22.3M | +1,200,000 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD Convertible | principal | 18,532,000 | $22M | new |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 25,263,000 | $21.9M | +3,750,000 |
| TELADOC HEALTH INCTELADOC HEALTH INC NOTE 1.250% 6/0 | principal | 23,197,000 | $21.8M | -5,158,000 |
| ENOVIS CORPORATIONENOVIS CORPORATION NOTE 3.875%10/1 | principal | 21,906,000 | $21.6M | -4,508,000 |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC Convertible | principal | 21,691,000 | $21.4M | +6,351,000 |
| WINNEBAGO INDS INCWINNEBAGO INDS INC NOTE 3.250% 1/1 | principal | 23,407,000 | $21M | -7,810,000 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1 | principal | 17,886,000 | $19.1M | -4,834,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 12/1 | principal | 15,340,000 | $18.7M | -21,006,000 |
| FLUOR CORPFLUOR CORP NOTE 1.125% 8/1 | principal | 15,374,000 | $18.3M | -3,379,000 |
| Shopify IncShopify Inc Convertible bond | principal | 16,204,000 | $17.1M | +7,669,000 |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 2.250% 6/0 | principal | 17,578,000 | $16.9M | +3,609,000 |
| AEROVIRONMENT INCAEROVIRONMENT INC NOTE 7/1 | principal | 12,625,000 | $15.7M | new |
| TANDEM DIABETES CARE INCTANDEM DIABETES CARE INC NOTE 1.500% 3/1 | principal | 17,302,000 | $15.2M | -10,881,000 |
| NEOGENOMICS INCNEOGENOMICS INC NOTE 0.250% 1/1 | principal | 17,401,000 | $15.1M | -6,594,000 |
| CAPITAL SOUTHWEST CORPCAPITAL SOUTHWEST CORP Convertible Bond | principal | 15,086,000 | $14.9M | -614,000 |
| ARRAY TECHNOLOGIES INCARRAY TECHNOLOGIES INC NOTE 1.000%12/0 | principal | 16,844,000 | $14.6M | +15,670,000 |
| EVOLENT HEALTH INCEVOLENT HEALTH INC DEBT 4.500% 8/1 | principal | 14,361,000 | $14.4M | new |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. NOTE 0.750% 6/0 | principal | 14,800,000 | $14.4M | -7,418,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 5/0 | principal | 11,697,000 | $13.3M | -40,586,000 |
| PAGERDUTY INCPAGERDUTY INC NOTE 1.500%10/1 | principal | 13,453,000 | $13.2M | -953,000 |
| IONIS PHARMACEUTICALS INCIONIS PHARMACEUTICALS INC NOTE 1.750% 6/1 | principal | 9,250,000 | $12.8M | -37,446,000 |
| WORKIVA INCWORKIVA INC NOTE 1.125% 8/1 | principal | 10,743,000 | $12.8M | -544,000 |
| TXNM ENERGY INCTXNM ENERGY INC NOTE 5.750% 6/0 | principal | 9,634,000 | $12.6M | +2,709,000 |
| ALLIANT ENERGY CORPALLIANT ENERGY CORP NOTE 3.875% 3/1 | principal | 11,380,000 | $12.3M | -300,000 |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 1.000% 8/1 | principal | 8,395,000 | $11.8M | -369,000 |
| SOLARIS ENERGY INFRAS INCSOLARIS ENERGY INFRAS INC NOTE 4.750% 5/0 | principal | 6,580,000 | $11.8M | +3,474,000 |
| CABLE ONE INCCABLE ONE INC NOTE 3/1 | principal | 11,925,000 | $11.6M | -149,000 |
| SSR MINING INCSSR MINING INC Convertible bond | principal | 8,058,000 | $11.4M | +7,000,000 |
| JD.COM INCJD.COM INC NOTE 0.250% 6/0 | principal | 9,815,000 | $10.6M | -16,775,000 |
| NEW MTN FIN CORPNEW MTN FIN CORP BOND | principal | 10,547,000 | $10.6M | +3,143,000 |
| AMERICAN WTR CAP CORPAMERICAN WTR CAP CORP NOTE 3.625% 6/1 | principal | 10,425,000 | $10.5M | -19,421,000 |
| NCL CORP LTDNCL CORP LTD BOND | principal | 10,034,000 | $10.3M | -20,768,000 |
| FRESHPET INCFRESHPET INC NOTE 3.000% 4/0 | principal | 8,664,000 | $9.76M | +5,375,000 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 | principal | 9,441,000 | $9.05M | -8,182,000 |
| ITRON INCITRON INC NOTE 1.375% 7/1 | principal | 7,300,000 | $8.38M | +2,325,000 |
| WESTERN DIGITAL CORPWESTERN DIGITAL CORP NOTE 3.000%11/1 | principal | 2,567,000 | $8.24M | -10,522,000 |
| EVERGY INCEVERGY INC NOTE 4.500%12/1 | principal | 6,510,000 | $8.19M | new |
| PELOTON INTERACTIVE INCPELOTON INTERACTIVE INC NOTE 5.500%12/0 | principal | 3,580,000 | $8.02M | -1,914,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500% 6/1 | principal | 5,669,000 | $7.91M | -22,883,000 |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1 | principal | 4,854,000 | $7.84M | -895,000 |
| BOFA FIN LLCBOFA FIN LLC MTNF 0.600% 5/2 | principal | 7,800,000 | $7.72M | +995,000 |
| CABLE ONE INCCABLE ONE INC NOTE | principal | 8,244,000 | $7.06M | -3,901,000 |
| UGI CORP NEWUGI CORP NEW NOTE 5.000% 6/0 | principal | 5,509,000 | $7.06M | +1,230,000 |
| JETBLUE AIRWAYS CORPJETBLUE AIRWAYS CORP NOTE 2.500% 9/0 | principal | 6,171,000 | $6.4M | new |
| BLACKSTONE MORTGAGE TRUST INBLACKSTONE MORTGAGE TRUST IN NOTE 5.500% 3/1 | principal | 6,398,000 | $6.3M | 0 |
| BOX INCBOX INC NOTE 1/1 | principal | 5,034,000 | $6.29M | +834,000 |
| UNITY SOFTWARE INCUNITY SOFTWARE INC NOTE 11/1 | principal | 6,413,000 | $6.12M | -2,289,000 |
| SoFi Technologies, Inc.SoFi Technologies, Inc. NOTE 10/1 | principal | 4,454,000 | $5.8M | new |
| FIRSTENERGY CORPFIRSTENERGY CORP NOTE 4.000% 5/0 | principal | 5,493,000 | $5.71M | -7,100,000 |
| STRIDE INCSTRIDE INC NOTE 1.125% 9/0 | principal | 2,000,000 | $5.69M | new |
| LITHIUM ARGENTINA AGLITHIUM ARGENTINA AG NOTE 1.750% 1/1 | principal | 6,339,000 | $5.69M | +225,000 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 4.625% 3/1 | principal | 5,474,000 | $5.69M | -29,045,000 |
| MGP INGREDIENTS INC NEWMGP INGREDIENTS INC NEW NOTE 1.875%11/1 | principal | 5,900,000 | $5.65M | 0 |
| THE REALREAL INCTHE REALREAL INC DEBT 4.000% 2/1 | principal | 4,324,000 | $5.55M | new |
| STRATEGY INCSTRATEGY INC NOTE 0.875% 3/1 | principal | 3,444,000 | $5.42M | +2,703,000 |
| SIRIUSXM HOLDINGS INCSIRIUSXM HOLDINGS INC NOTE 3.750% 3/1 | principal | 5,147,000 | $5.38M | 0 |
| COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.250% 4/0 | principal | 3,975,000 | $5.01M | -13,593,000 |
| HERBALIFE LTDHERBALIFE LTD NOTE 4.250% 6/1 | principal | 5,352,000 | $4.99M | -2,357,000 |
| FIRST MAJESTIC SILVER CORPFIRST MAJESTIC SILVER CORP NOTE 0.375% 1/1 | principal | 4,510,000 | $4.89M | +3,100,000 |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 3,525,000 | $4.83M | -5,344,000 |
| RAPID7 INCRAPID7 INC NOTE 0.250% 3/1 | principal | 5,038,000 | $4.73M | +378,000 |
| Shift4 Payments IncShift4 Payments Inc Convertible bond | principal | 4,570,000 | $4.7M | +2,570,000 |
| CERENCE INCCERENCE INC NOTE 1.500% 7/0 | principal | 5,500,000 | $4.59M | +3,385,000 |
| NABORS INDS INCNABORS INDS INC NOTE 1.750% 6/1 | principal | 5,782,000 | $4.45M | -9,660,000 |
| XOMETRY INCXOMETRY INC NOTE 1.000% 2/0 | principal | 3,615,000 | $4.37M | -364,000 |
| SNAP INCSNAP INC NOTE 0.125% 3/0 | principal | 4,850,000 | $4.33M | 0 |
| Q2 HLDGS INCQ2 HLDGS INC NOTE 0.125%11/1 | principal | 3,712,000 | $3.68M | 0 |
| DROPBOX INCDROPBOX INC NOTE 3/0 | principal | 3,468,000 | $3.59M | -446,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 1.500%12/1 | principal | 1,477,000 | $3.57M | -5,068,000 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/0 | principal | 3,655,000 | $3.38M | -422,000 |
| STARWOOD PPTY TR INCSTARWOOD PPTY TR INC NOTE 6.750% 7/1 | principal | 3,000,000 | $3.18M | +1,500,000 |
| CHEESECAKE FACTORY INCCHEESECAKE FACTORY INC NOTE 0.375% 6/1 | principal | 3,185,000 | $3.18M | new |
| PENNYMAC CORPPENNYMAC CORP NOTE 5.500% 3/1 | principal | 3,048,000 | $3.04M | -10,000 |
| AMPHASTAR PHARMACEUTICALS INAMPHASTAR PHARMACEUTICALS IN NOTE 2.000% 3/1 | principal | 3,213,000 | $2.93M | +4,000 |
| RAPID7 INCRAPID7 INC NOTE 1.250% 3/1 | principal | 3,221,000 | $2.86M | -14,000 |
| BANDWIDTH INCBANDWIDTH INC NOTE 0.500% 4/0 | principal | 3,300,000 | $2.82M | 0 |
| APPLIED OPTOELECTRONICS INCAPPLIED OPTOELECTRONICS INC NOTE 2.750% 1/1 | principal | 2,800,000 | $2.82M | 0 |
| GOSSAMER BIO INCGOSSAMER BIO INC NOTE 5.000% 6/0 | principal | 4,000,000 | $2.78M | +3,000,000 |
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN NOTE 3.500% 6/0 | principal | 950,000 | $2.74M | -176,000 |
| MIRUM PHARMACEUTICALS INCMIRUM PHARMACEUTICALS INC NOTE 4.000% 5/0 | principal | 1,076,000 | $2.59M | -253,000 |
| Dropbox IncDropbox Inc Convertible bond | principal | 2,604,000 | $2.58M | 0 |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV | principal | 2,701,000 | $2.55M | -68,734,000 |
| ADVANCED ENERGY INDSADVANCED ENERGY INDS NOTE 2.500% 9/1 | principal | 1,835,000 | $2.55M | new |
| GREEN PLAINS INCGREEN PLAINS INC NOTE 2.250% 3/1 | principal | 2,625,000 | $2.52M | new |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/1 | principal | 2,320,000 | $2.23M | +180,000 |
| SOUTHERN COSOUTHERN CO NOTE 3.875%12/1 | principal | 1,950,000 | $2.2M | 0 |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 2,175,000 | $2.13M | 0 |
| H WORLD GROUP LTDH WORLD GROUP LTD Convertible bond | principal | 1,772,000 | $1.97M | 0 |
| IMMUNOCORE HLDGS PLCIMMUNOCORE HLDGS PLC NOTE 2.500% 2/0 | principal | 2,100,000 | $1.9M | new |
| 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 | $1.81M | 0 |
| Viavi Solutions IncViavi Solutions Inc Convertible bond | principal | 1,469,000 | $1.55M | -3,503,000 |
| VERITONE INCVERITONE INC NOTE 1.750%11/1 | principal | 2,107,000 | $1.53M | +1,050,000 |
| BILL HOLDINGS INCBILL HOLDINGS INC NOTE 12/0 | principal | 1,550,000 | $1.53M | 0 |
| CELCUITY INCCELCUITY INC NOTE 2.750% 8/0 | principal | 980,000 | $1.31M | new |
| BLACKLINE INCBLACKLINE INC NOTE 3/1 | principal | 1,160,000 | $1.13M | 0 |
| CRACKER BARREL OLD CTRY STORCRACKER BARREL OLD CTRY STOR cv | principal | 1,058,000 | $1.02M | 0 |
| PINNACLE WEST CAP CORPPINNACLE WEST CAP CORP CNV | principal | 790,000 | $850K | new |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION NOTE 1.750% 8/1 | principal | 859,000 | $812K | 0 |
| ZIFF DAVIS INCZIFF DAVIS INC NOTE 1.75% 11/01/2026 | principal | 775,000 | $745K | 0 |
| MACOM TECH SOLUTIONS HLDGS IMACOM TECH SOLUTIONS HLDGS I NOTE 0.250% 3/1 | principal | 425,000 | $645K | +225,000 |
| WAYFAIR INCWAYFAIR INC NOTE 3.250% 9/1 | principal | 368,000 | $562K | -34,406,000 |
| MKS INC.MKS INC. NOTE 1.250% 6/0 | principal | 440,000 | $483K | -58,749,000 |
| AMC GLOBAL MEDIA INCAMC GLOBAL MEDIA INC NOTE 4.250% 2/1 | principal | 476,000 | $456K | 0 |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC NOTE 2.500% 3/1 | principal | 300,000 | $422K | +77,000 |
| NUTANIX INCNUTANIX INC Convertible | principal | 267,000 | $368K | new |
| EQUINOX GOLD CORPEQUINOX GOLD CORP NOTE 4.750%10/1 | principal | 150,000 | $288K | new |
| INTEGER HLDGS CORPINTEGER HLDGS CORP NOTE 2.125% 2/1 | principal | 175,000 | $229K | 0 |
| EURONET WORLDWIDE INCEURONET WORLDWIDE INC NOTE 0.750% 3/1 | principal | 4,000 | $3.42K | new |
Sold out in Q3 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| NEXTERA ENERGY INCNEXTERA ENERGY INC | 1,766,596 | $69.9M | shares |
| CSCOCISCO SYS INC | 400,000 | $27.8M | call |
| PEBBLEBROOK HOTEL TRPEBBLEBROOK HOTEL TR | 26,001,000 | $24.6M | principal |
| LYFT INCLYFT INC | 17,654,000 | $18.9M | principal |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC | 16,930,000 | $16.9M | principal |
| CHART INDS INCCHART INDS INC | 236,552 | $14.3M | shares |
| PEABODY ENGR CORPPEABODY ENGR CORP | 11,231,000 | $11.6M | principal |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC | 9,550,000 | $11.3M | principal |
| AMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INC | 11,131,000 | $11.1M | principal |
| BURLINGTON STORES INCBURLINGTON STORES INC | 7,645,000 | $9.9M | principal |
| HOODROBINHOOD MKTS INC | 100,000 | $9.36M | put |
| WAYFAIR INCWAYFAIR INC | 6,550,000 | $8.86M | principal |
| NCL CORP LTDNCL CORP LTD | 8,636,000 | $8.64M | principal |
| PDD HOLDINGS INCPDD HOLDINGS INC | 8,490,000 | $8.28M | principal |
| MIDDLEBY CORPMIDDLEBY CORP | 4,160,000 | $4.68M | principal |
| METAMETA PLATFORMS INC | 6,000 | $4.43M | shares |
| PORCH GROUP INCPORCH GROUP INC | 3,500,000 | $4.41M | principal |
| CORZCORE SCIENTIFIC INC NEW | 250,000 | $4.27M | call |
| SEMTECH CORPSEMTECH CORP | 2,912,000 | $4.2M | principal |
| IBMINTERNATIONAL BUSINESS MACHS | 14,000 | $4.13M | shares |
| NCLHNORWEGIAN CRUISE LINE HLDGS | 200,000 | $4.06M | call |
| RHRH | 20,000 | $3.78M | shares |
| WHRWHIRLPOOL CORP | 35,000 | $3.55M | shares |
| BLOOM ENERGY CORPBLOOM ENERGY CORP | 2,500,000 | $3.53M | principal |
| DXCMDEXCOM INC | 40,000 | $3.49M | shares |
| JPMJPMORGAN CHASE & CO | 10,000 | $2.9M | shares |
| TOLTOLL BROTHERS INC | 25,000 | $2.85M | shares |
| AFRMAFFIRM HLDGS INC | 40,000 | $2.77M | call |
| NVDANVIDIA CORPORATION | 15,000 | $2.37M | shares |
| THE REALREAL INCTHE REALREAL INC | 2,814,000 | $2.22M | principal |
| LOWLOWES COS INC | 10,000 | $2.22M | shares |
| AMGNAMGEN INC | 7,500 | $2.09M | call |
| SOFISOFI TECHNOLOGIES INC | 100,000 | $1.82M | put |
| ALBALBEMARLE CORP | 26,000 | $1.63M | call |
| ZTSZOETIS INC | 10,000 | $1.56M | shares |
| NOWSERVICENOW INC | 1,238 | $1.27M | shares |
| LAZLAZARD INC | 25,000 | $1.2M | shares |
| NCL CORP LTDNCL CORP LTD | 944,000 | $1.06M | principal |
| DKNGDRAFTKINGS INC NEW | 20,000 | $858K | call |
| QFINQFIN HOLDINGS INC | 18,856 | $818K | shares |
| MARAMARA HOLDINGS INC | 50,000 | $784K | call |
| UNHUNITEDHEALTH GROUP INC | 2,500 | $780K | call |
| CLSKCLEANSPARK INC | 50,000 | $552K | call |
| CFLTCONFLUENT INC-CLASS A | 20,000 | $499K | call |
| OPFIOPPFI INC | 20,000 | $280K | shares |
| SPCEVIRGIN GALACTIC HOLDINGS INC | 100,000 | $273K | call |
| LUNRINTUITIVE MACHINES INC | 25,000 | $272K | call |
| CYBERARK SOFTWARE LTD/ISRAELCYBERARK SOFTWARE LTD/ISRAEL | 516 | $210K | shares |
| TVTXTRAVERE THERAPEUTICS INC | 14,000 | $207K | shares |
| CLOUDFLARE INCCLOUDFLARE INC | 173,000 | $205K | principal |
| SOSOUTHERN CO | 2,200 | $202K | shares |
| PENNPENN ENTERTAINMENT INC | 10,386 | $186K | shares |
| BTGB2GOLD CORP | 46,500 | $168K | shares |
| REALTHE REALREAL INC | 25,000 | $120K | shares |
| PMTPENNYMAC MTG INVT TR | 7,584 | $97.5K | shares |
| PRAAPRA GROUP INC | 5,682 | $83.8K | shares |
How Q3 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 0001140361-25-041917 | base | 2025-11-13 | acceptance time not in the bulk data set |