Calamos Advisors LLC

13F filer, CIK 1316507, NAPERVILLE, IL

Calamos Advisors LLC reported $22,973,664,472 across 904 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-04-29. Its ten largest share positions make up 25.07% of the portfolio.

Filed 2025-04-29 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:06 UTC13F-HR 0001085146-25-002415

Period: 2025-03-31
Reported value: $23B
Holdings: 904
Top 10 weight: 25.07%
New: 128
Sold out: 126

Part of the filer group Calamos Advisors LLC

Calamos Wealth Management LLC

How groups are built

Stakes and trades reported after 2025-03-31

13D, 13G and Form 4 filings by this filer's group, dated after the 13F period, on securities the quarter does not hold as shares.

Calamos Aksia Alt Credit and In: 13G/A 11,128,638 shares, 9.2% of the class, 13G/A filed 2026-10-09, 0001104659-26-114899
Accepted 2026-10-09 14:00:54 UTC, ingested 2026-10-09 14:02:02 UTC
Calamos Aksia Hedged Strategies Fund: 13G/A 1,970,972 shares, 26.3% of the class, 13G/A filed 2026-10-09, 0001104659-26-114881
Accepted 2026-10-09 13:12:26 UTC, ingested 2026-10-09 13:15:01 UTC
Calamos Aksia Private Equity & Alternat…: 13G/A 8,186,228 shares, 21.2% of the class, 13G/A filed 2026-10-09, 0001104659-26-114879
Accepted 2026-10-09 13:07:19 UTC, ingested 2026-10-09 13:07:43 UTC

Largest buys vs the previous quarter

Security	Shares change	Approx. value
SPYadded	+696,080	$389M
KKR & CO INCnew	+1,435,950	$70.9M
MCHPPnew	+1,149,785	$57.9M
PLTRnew	+632,771	$53.4M
INTERPUBLIC GROUP COSnew	+1,700,000	$46.2M

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
BMYreduced	-516,993	-$31.5M
UNITED STATES STL CORP NEWexited	-851,744	-$29M
MOreduced	-366,555	-$22M
ACIexited	-1,050,000	-$20.6M
GOOGreduced	-117,852	-$18.4M

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, Q1 2025

Share positions as resolved from 13F-HR 0001085146-25-002415, largest first. % of portfolio is the value over $21,150,772,781, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
SWIMLATHAM GROUP INC	79,433	$511K	<0.01%	+18,905	Timeline
XEXGXEATON VANCE TAX-MANAGED GLOB	60,982	$496K	<0.01%	-2,439	Timeline
XAODXABRDN TOTAL DYNAMIC DIVIDEND	58,550	$491K	<0.01%	-2,342	Timeline
LFVNLIFEVANTAGE CORP	33,576	$490K	<0.01%	new	Timeline
XNROXNEUBERGER R/EST SECS INC FD	147,110	$485K	<0.01%	new	Timeline
PAYPAYMENTUS HOLDINGS INC	18,311	$478K	<0.01%	new	Timeline
BIDUBAIDU INC	5,100	$469K	<0.01%	0	Timeline
NPKINPK INTERNATIONAL INC	80,557	$468K	<0.01%	-79,118	Timeline
ETWEATON VANCE TAX-MANAGED GLOB	56,710	$468K	<0.01%	-2,268	Timeline
SMMTSUMMIT THERAPEUTICS INC	23,977	$463K	<0.01%	+156	Timeline
ZETAZETA GLOBAL HOLDINGS CORP	32,409	$439K	<0.01%	-1,813	Timeline
SLABSILICON LABORATORIES INC	3,902	$439K	<0.01%	new	Timeline
PRDOPERDOCEO ED CORP	17,349	$437K	<0.01%	new	Timeline
BBNBLACKROCK TAX MUNICPAL BD TR	25,968	$433K	<0.01%	-1,039	Timeline
ASGLIBERTY ALL-STAR GROWTH FD I	87,425	$428K	<0.01%	-3,497	Timeline
TYGTORTOISE ENERGY INFRSTRCTR C	9,847	$424K	<0.01%	+2,023	Timeline
UFPTUFP TECHNOLOGIES INC	2,050	$414K	<0.01%	-2,877	Timeline
SEZLSEZZLE INC	11,670	$407K	<0.01%	+2,199	Timeline
CARTMAPLEBEAR INC	10,119	$404K	<0.01%	new	Timeline
RVTROYCE SMALL CAP TRUST INC	27,244	$388K	<0.01%	-7,279	Timeline
CECOCECO ENVIRONMENTAL CORP	16,878	$385K	<0.01%	-95,197	Timeline
AVKADVENT CONV & INCOME FD	31,502	$363K	<0.01%	-1,260	Timeline
XFFCXFLAHERTY & CRUMRIN PFD & INM	22,773	$363K	<0.01%	-911	Timeline
BROSDUTCH BROS INC	5,866	$362K	<0.01%	new	Timeline
RQICOHEN & STEERS QUALITY INCOM	28,637	$360K	<0.01%	-11,185	Timeline
DTDYNATRACE INC	7,537	$355K	<0.01%	0	Timeline
MCNXAI MADISON EQUITY PREMIUM I	57,760	$354K	<0.01%	new	Timeline
JFRNUVEEN FLOATING RATE INCOME	41,500	$352K	<0.01%	new	Timeline
BEBLOOM ENERGY CORP	17,763	$349K	<0.01%	new	Timeline
CIKUBS ASSET MGMT INCOME FD INC	119,875	$348K	<0.01%	new	Timeline
BCXBLACKROCK RES & COMMODITIES	37,243	$347K	<0.01%	+7,915	Timeline
UTGREAVES UTIL INCOME FD	10,660	$347K	<0.01%	+1,128	Timeline
ISRLFISRAEL ACQUISITIONS CORP CL A	30,000	$344K	<0.01%	0	Timeline
ERCALLSPRING MULTI SECTOR INCOM	36,719	$339K	<0.01%	-21,701	Timeline
CIIBLACKROCK ENHANCED LARGE CAP	18,321	$338K	<0.01%	-9,634	Timeline
HIXWESTERN ASSET HIGH INCOM FD	80,280	$336K	<0.01%	-3,211	Timeline
VOOVVANGUARD ADMIRAL FDS INC	1,812	$334K	<0.01%	0	Timeline
BLUEPRINT MEDICINES CORPBLUEPRINT MEDICINES CORP	3,721	$329K	<0.01%	new
IOTSAMSARA INC	8,542	$327K	<0.01%	-17,379	Timeline
TEMTEMPUS AI INC	6,782	$327K	<0.01%	new	Timeline
XEVTXEATON VANCE TAX ADVT DIV INC	14,025	$326K	<0.01%	-561	Timeline
MCWMISTER CAR WASH INC	39,806	$314K	<0.01%	new	Timeline
CVRXCVRX INC	25,011	$306K	<0.01%	+14,415	Timeline
MMDNYLIM MACKAY DEFINEDTERM MUN	19,800	$299K	<0.01%	-792	Timeline
CHTRCHARTER COMMUNICATIONS INC	795	$293K	<0.01%	new	Timeline
VOOGVANGUARD ADMIRAL FDS INC	873	$292K	<0.01%	0	Timeline
OPRXOPTIMIZERX CORP	33,399	$289K	<0.01%	new	Timeline
STEWSRH TOTAL RETURN FUND INC	16,348	$282K	<0.01%	-654	Timeline
BSTBLACKROCK SCIENCE & TECHNOLO	8,492	$280K	<0.01%	-1,624	Timeline
AISPWAIRSHIP AI HLDGS INC	250,000	$280K	<0.01%	0	Timeline
EMFTEMPLETON EMERGING MKTS FD	21,484	$276K	<0.01%	-859	Timeline
NGSNATURAL GAS SVCS GROUP INC	12,504	$275K	<0.01%	+2,095	Timeline
SPKLFSPARK I ACQUISITION CORP	24,769	$268K	<0.01%	0	Timeline
VALEVALE S A	26,450	$264K	<0.01%	0	Timeline
BKHABLACK HAWK ACQUISITION CORP	24,591	$259K	<0.01%	0	Timeline
PCVXVAXCYTE INC	6,794	$257K	<0.01%	-3,201	Timeline
KSAISHARES TR	6,150	$254K	<0.01%	0	Timeline
SAROSTANDARDAERO INC	9,460	$252K	<0.01%	new	Timeline
DIAXNUVEEN DOW 30SM DYNAMIC OVERWR	17,369	$252K	<0.01%	-695	Timeline
XBMEXBLACKROCK HEALTH SCIENCES TR	6,490	$251K	<0.01%	new	Timeline
TDFTEMPLETON DRAGON FD INC	25,356	$246K	<0.01%	+9,007	Timeline
NMCONUVEEN MUN CR OPPORTUNITIES	22,720	$243K	<0.01%	-909	Timeline
UAMYUNITED STATES ANTIMONY CORP	109,157	$240K	<0.01%	new	Timeline
IRMDIRADIMED CORP	4,478	$235K	<0.01%	-118	Timeline
LZMWSLIFEZONE METALS LIMITED	500,000	$230K	<0.01%	0	Timeline
KRMDKORU MEDICAL SYSTEMS INC	88,718	$225K	<0.01%	+23,729	Timeline
TBLDTHORNBURG INCM BUILDER OPP T	12,258	$220K	<0.01%	-490	Timeline
OPTUOPTIMUM COMMUNICATIONS INC	82,405	$219K	<0.01%	0	Timeline
IWBISHARES TR	706	$217K	<0.01%	+81	Timeline
NIONIO INC	56,190	$214K	<0.01%	0	Timeline
MYOMYOMO INC	44,161	$212K	<0.01%	+14,774	Timeline
RMTROYCE MICRO-CAP TR INC	23,590	$199K	<0.01%	-12,805	Timeline
BZAIWBLAIZE HLDGS INC	1,000,000	$190K	<0.01%	new	Timeline
CHINA FD INCCHINA FD INC	14,164	$182K	<0.01%	new
MXFMEXICO FD INC	12,680	$180K	<0.01%	-507	Timeline
XAWFXALLIANCEBERNSTEIN GLOBAL HIG	16,772	$180K	<0.01%	new	Timeline
JGHNUVEEN GLOBAL HIGH INCOME FD	13,648	$179K	<0.01%	-546	Timeline
ACPABRDN INCOME CREDIT STRATEGI	30,122	$177K	<0.01%	new	Timeline
BDJBLACKROCK ENHANCED EQUITY DI	20,604	$177K	<0.01%	-20,462	Timeline
HCM II ACQUISITION CORPHCM II ACQUISITION CORP	250,000	$172K	<0.01%	new
SHMDWSCHMID GROUP N.V.	459,150	$170K	<0.01%	0	Timeline
FAXABRDN ASIA PACIFIC INCOME FU	10,606	$167K	<0.01%	-424	Timeline
QETAQUETTA ACQUISITION CORP	14,770	$158K	<0.01%	0	Timeline
BLNDBLEND LABS INC	46,990	$157K	<0.01%	-253,005	Timeline
HFROHIGHLAND OPPS & INCOME FD	28,904	$150K	<0.01%	-24,839	Timeline
MRNOWMURANO GLOBAL INVT PLC	625,000	$144K	<0.01%	0	Timeline
NPCENEUROPACE INC	11,083	$136K	<0.01%	new	Timeline
HPAIWHELPORT AI LTD	450,000	$136K	<0.01%	0	Timeline
VCICWVINE HILL CAP INVT CORP.	462,500	$124K	<0.01%	new	Timeline
SOUTHLAND HLDGS INCSOUTHLAND HLDGS INC	750,000	$120K	<0.01%	0
NUVEEN CR STRATEGIES INCOMENUVEEN CR STRATEGIES INCOME	108,010	$108K	<0.01%	new
ENGNWENGENE HOLDINGS INC	150,000	$96K	<0.01%	0	Timeline
ZVIAZEVIA PBC	43,461	$93.9K	<0.01%	-68,967	Timeline
CRMLWCRITICAL METALS CORP	500,000	$84.5K	<0.01%	0	Timeline
GIGGWGIGCAPITAL7 CORP	925,000	$76.2K	<0.01%	new	Timeline
BTMWQBITCOIN DEPOT INC	1,000,000	$75K	<0.01%	0	Timeline
POLEWANDRETTI ACQUISITION CORP II	412,500	$74.2K	<0.01%	new	Timeline
OABIWOMNIAB INC	200,000	$71.9K	<0.01%	0	Timeline
CNCKWCOINCHECK GROUP NV	100,000	$70K	<0.01%	0	Timeline
OLO INCOLO INC	10,490	$63.4K	<0.01%	new
ANNAWALEANNA INC	250,000	$62.5K	<0.01%	0	Timeline
SILVERBOX CORP IVSILVERBOX CORP IV	166,666	$58.3K	<0.01%	new
REALTHE REALREAL INC	10,725	$57.8K	<0.01%	0	Timeline
TVGNWTEVOGEN INC	1,000,000	$53.8K	<0.01%	0	Timeline
PSQ HOLDINGS INCPSQ HOLDINGS INC	200,000	$46.3K	<0.01%	0
BDMDWBAIRD MED INVT HLDGS LTD	500,000	$37.5K	<0.01%	0	Timeline
NUAIWNEW ERA ENERGY & DIGITAL INC	250,000	$37.3K	<0.01%	0	Timeline
MARBLEGATE ACQUISITION CORPMARBLEGATE ACQUISITION CORP	228,160	$36.5K	<0.01%	0
RDZNWROADZEN INC	625,000	$35.6K	<0.01%	0	Timeline
KULR TECHNOLOGY GROUP INCKULR TECHNOLOGY GROUP INC	25,700	$33.9K	<0.01%	new
WULFTERAWULF INC	11,920	$32.5K	<0.01%	new	Timeline
Cartesian Growth Corp IICartesian Growth Corp II	500,000	$31.1K	<0.01%	0
NIOBWNIOCORP DEVS LTD	177,835	$28.5K	<0.01%	0	Timeline
AIRJWAIRJOULE TECHNOLOGIES CORP	50,000	$28.3K	<0.01%	0	Timeline
CIFRCIPHER DIGITAL INC	12,125	$27.9K	<0.01%	-485	Timeline
AMODWALPHA MODUS HLDGS INC	350,000	$21.2K	<0.01%	0	Timeline
MDAIWSPECTRAL AI INC	81,526	$20.9K	<0.01%	0	Timeline
NABORS ENERGY TRANSITION CORNABORS ENERGY TRANSITION COR	50,000	$20.6K	<0.01%	0
ZOOZWZOOZ STRATEGY LTD	250,000	$20K	<0.01%	0	Timeline
RAINWRAIN ENHANCEMENT TECHNOLOGIE	166,666	$18.3K	<0.01%	new	Timeline
DENALI CAPITAL ACQUISITN CORDENALI CAPITAL ACQUISITN COR	350,000	$17.6K	<0.01%	0
ABPWWABPRO HLDGS INC WT EXP 11/12/2	625,000	$17.3K	<0.01%	0	Timeline
LNZAWLANZATECH GLOBAL INC	300,000	$17.3K	<0.01%	0	Timeline
GCT SEMICONDUCTOR HLDG INCGCT SEMICONDUCTOR HLDG INC	225,000	$16.3K	<0.01%	0
UNITED HOMES GROUP INCUNITED HOMES GROUP INC	25,000	$14.3K	<0.01%	0
OAK WOODS ACQUISITION CORPOAK WOODS ACQUISITION CORP	55,000	$13.8K	<0.01%	0
OPTXWSYNTEC OPTICS HLDGS INC	250,000	$12.7K	<0.01%	0	Timeline
CMLSQCUMULUS MEDIA INC CL A COM 201	27,891	$12.3K	<0.01%	0	Timeline
HAYMAKER ACQUISITION CORP IVHAYMAKER ACQUISITION CORP IV	50,000	$10.5K	<0.01%	0
FBYDWFALCONS BEYOND GLOBAL INC	10,000	$10K	<0.01%	0	Timeline
SPWRWSUNPOWER INC	42,500	$9.31K	<0.01%	0	Timeline
FLYEXCLUSIVE INCFLYEXCLUSIVE INC	75,000	$9.03K	<0.01%	0
DIGIASISIA WARRANTSDIGIASISIA WARRANTS	250,000	$8.78K	<0.01%	0
AERTWAERIES TECHNOLOGY INC	289,507	$8.66K	<0.01%	0	Timeline
PBMWWPSYENCE BIOMEDICAL LTD	500,000	$8.45K	<0.01%	0	Timeline
MKDWELL TECH INCMKDWELL TECH INC	23,333	$6.94K	<0.01%	0
ZEOWWZEO ENERGY CORP	87,500	$6.7K	<0.01%	0	Timeline
VAST RENEWABLES LIMITEDVAST RENEWABLES LIMITED	200,000	$6.12K	<0.01%	0
SUMMIT HEALTHCARE ACQUISITI…SUMMIT HEALTHCARE ACQUISITION	146,040	$6.03K	<0.01%	0
LOTWWLOTUS TECHNOLOGY INC	33,333	$4.83K	<0.01%	0	Timeline
ALCWFALCHEMY INVTS ACQUISITN CORP	25,000	$4.09K	<0.01%	0	Timeline
BOLT PROJECTS HLDSBOLT PROJECTS HLDS	126,666	$3.8K	<0.01%	0
NVNIWNVNI GROUP LIMITED	125,000	$3.58K	<0.01%	0	Timeline
BNAIWBRAND ENGAGEMENT NETWORK INC	166,666	$3.39K	<0.01%	0	Timeline
COCHWENVOY MEDICAL INC	100,000	$3.3K	<0.01%	0	Timeline
ISLWFISRAEL ACQUISITIONS CORP WT EX	30,000	$3.3K	<0.01%	0	Timeline
KVACWKEEN VISION ACQUISITION CORP	100,000	$3.21K	<0.01%	0	Timeline
TWIN RIDGE CAPITAL ACQUISIT…TWIN RIDGE CAPITAL ACQUISITION	83,333	$3.12K	<0.01%	0
SMXWWSMX SEC MATTERS PLC	100,000	$3.05K	<0.01%	0	Timeline
MSAIWMULTISENSOR AI HOLDINGS INC	75,000	$3.02K	<0.01%	0	Timeline
ZCARWZOOMCAR HLDGS INC WT EXP 12/31	200,000	$2.74K	<0.01%	0	Timeline
HERAMBA ELECTRIC EQHERAMBA ELECTRIC EQ	250,000	$2.62K	<0.01%	0
FORLWWTS/FOUR LEAF ACQUISITION CORPORA…	60,000	$2.59K	<0.01%	0	Timeline
SPKLWSPARK I ACQUISITION CORP	12,384	$2.18K	<0.01%	0	Timeline
Oak Woods Acquisition CorpOak Woods Acquisition Corp	55,000	$1.93K	<0.01%	0
PRENWPRENETICS GLOBAL LTD	200,000	$1.87K	<0.01%	0	Timeline
MKDWWMKDWELL TECH INC	140,000	$1.78K	<0.01%	0	Timeline
AESTHER HC -CW23 EQUITYAESTHER HC -CW23 EQUITY	62,500	$1.67K	<0.01%	0
VEEAWVEEA INC	20,000	$1.6K	<0.01%	0	Timeline
BENFWBENEFICIENT	187,500	$1.41K	<0.01%	0	Timeline
BAERWBRIDGER AEROSPACE GRP HLDGS	25,000	$1.33K	<0.01%	0	Timeline
ECXWWECARX HOLDINGS INC	25,000	$1.14K	<0.01%	0	Timeline
CROWN LONG HOLDINGSCROWN LONG HOLDINGS	25,000	$993	<0.01%	0
LANVIN GROUP HOLDINGS LIMITELANVIN GROUP HOLDINGS LIMITE	35,000	$693	<0.01%	0
ALURWALLURION TECHNOLOGIES INC WT P	22,968	$666	<0.01%	0	Timeline
WTS PHOENIX BIOTECH ACQUISI…WTS PHOENIX BIOTECH ACQUISITIO	12,500	$166	<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	993,400	$582M	-151,400
SPYSTATE STR SPDR S&P 500 ETF T SHS	call	687,100	$403M	-89,000
IWMISHARES TR SHS	put	579,300	$128M	+193,800
IWMISHARES TR SHS	call	579,300	$128M	+193,800
QQQINVESCO QQQ TR COM	put	212,000	$108M	-873,100
QQQINVESCO QQQ TR COM	call	212,000	$108M	+5,300
EFAISHARES TR MSCI EAFE ETF	call	800,000	$60.5M	+176,900
KWEBKRANESHARES TRUST CSI CHI INTERNET	put	1,476,700	$43.2M	new
BRK-BBERKSHIRE HATHAWAY INC DEL COM	call	75,800	$34.4M	new
FLUTFLUTTER ENTMT PLC Stock	call	104,200	$26.9M	new
EEMISHARES TR MSCI EMG MKT ETF	put	590,200	$24.7M	new
TSMTAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS	call	93,400	$18.4M	new
AMZNAMAZON COM INC COM	put	76,000	$16.7M	new
AALAMERICAN AIRLINES GROUP INC Stock	call	950,000	$16.6M	0
INDAISHARES TR MSCI INDIA ETF	call	293,500	$15.4M	new
BSXBOSTON SCIENTIFIC CORP COM	call	138,500	$12.4M	-25,500
FXIISHARES TR CHINA LG-CAP ETF	put	378,000	$11.5M	new
EZUISHARES INC MSCI EURZONE ETF	put	243,100	$11.5M	new
BABOEING CO COM	put	55,000	$9.73M	new
NVONOVO-NORDISK A S ADR	call	95,100	$8.18M	new
PDDPDD HOLDINGS INC ADR	call	78,000	$7.57M	new
RCLROYAL CARIBBEAN GROUP Stock	call	28,000	$6.46M	new
WFCWELLS FARGO & CO COM	put	90,500	$6.36M	new
BIDUBAIDU INC ADR	call	62,700	$5.29M	new
FTITECHNIPFMC PLC Stock	call	177,000	$5.12M	+15,500
EWZISHARES INC MSCI BRAZIL ETF	call	216,500	$4.87M	new
UALUNITED AIRLS HLDGS INC Stock	call	41,500	$4.03M	new
MMYTMAKEMYTRIP LIMITED MAURITIUS Stock	call	24,300	$2.73M	new
BILLBILL HOLDINGS INC COM	call	30,000	$2.54M	new
GOOGLALPHABET INC COM	put	12,200	$2.31M	-1,800
QQQEDIREXION SHARES ETF TRUST NASDAQ 100 EQ WT	call	19,000	$1.71M	+12,200
YUMCYUM CHINA HLDGS INC COM	call	25,000	$1.2M	-75,500
AAPLAPPLE INC COM	call	3,000	$751K	+1,800
MSFTMICROSOFT CORP COM	call	1,500	$632K	+900
NVDANVIDIA CORPORATION COM	call	4,500	$604K	+2,500
AVGOBROADCOM INC COM	call	2,500	$580K	-85,300
COSTCOSTCO WHOLESALE CORPORATION COM	call	500	$458K	new
NFLXNETFLIX INC. COM	call	500	$446K	new
AMZNAMAZON COM INC COM	call	2,000	$439K	-24,500
GOOGLALPHABET INC COM	call	2,000	$379K	-36,500
METAMETA PLATFORMS INC COM	call	500	$293K	new
TMUST-MOBILE US INC COM	call	1,000	$221K	new
TSLATESLA INC COM	call	500	$202K	-74,400

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 195. All 195

Security	Type	Amount	Value	Change
PALO ALTO NETWORKS INCPALO ALTO NETWORKS INC NOTE 0.375% 6/0	principal	109,972,000	$378M	+73,000
SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1	principal	124,793,000	$149M	-11,890,000
SOUTHERN COSOUTHERN CO NOTE 3.875%12/1	principal	128,186,000	$143M	+1,492,000
PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1	principal	109,083,000	$122M	+10,082,000
AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS A	principal	125,424,000	$120M	-12,852,000
UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 0.875%12/0	principal	95,411,000	$116M	-4,927,000
SEA LTDSEA LTD NOTE 0.250% 9/1	principal	111,040,000	$104M	0
ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0	principal	114,561,000	$98.7M	-3,567,000
STRATEGY INCSTRATEGY INC NOTE 0.625% 3/1	principal	48,083,000	$98.2M	new
BOOKING HOLDINGS INCBOOKING HOLDINGS INC NOTE 0.750% 5/0	principal	38,860,000	$95.3M	+104,000
AXON ENTERPRISE INCAXON ENTERPRISE INC NOTE 0.500%12/1	principal	39,728,000	$92.7M	-3,315,000
WESTERN DIGITAL CORPWESTERN DIGITAL CORP NOTE 3.000%11/1	principal	71,739,000	$92.4M	-140,000
RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 4.625% 3/1	principal	94,133,000	$91.2M	+708,000
DRAFTKINGS INC NEWDRAFTKINGS INC NEW CNV	principal	102,036,000	$89.1M	+11,294,000
DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND	principal	81,111,000	$87.9M	+1,175,000
CLOUDFLARE INCCLOUDFLARE INC NOTE 8/1	principal	80,382,000	$80.8M	+20,263,000
WAYFAIR INCWAYFAIR INC Convertible bond	principal	73,817,000	$79.1M	-2,000
AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1	principal	74,026,000	$70.4M	-290,000
SEAGATE HDD CAYMANSEAGATE HDD CAYMAN NOTE 3.500% 6/0	principal	58,202,000	$70.1M	-89,000
NEXTERA ENERGY CAP HLDGS INCNEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0	principal	58,099,000	$67.2M	new
NCL CORP LTDNCL CORP LTD BOND	principal	68,189,000	$66.3M	+112,000
STRIDE INCSTRIDE INC NOTE 1.125% 9/0	principal	25,960,000	$63.6M	-2,314,000
AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0	principal	63,012,000	$61.5M	+49,000
SHIFT4 PMTS INCSHIFT4 PMTS INC NOTE 0.500% 8/0	principal	60,323,000	$61.3M	+46,356,000
CMS ENERGY CORPCMS ENERGY CORP NOTE 3.375% 5/0	principal	51,947,000	$57.6M	+1,995,000
AMERICAN WTR CAP CORPAMERICAN WTR CAP CORP NOTE 3.625% 6/1	principal	56,022,000	$57.5M	0
CONMED CORPCONMED CORP NOTE 2.250% 6/1	principal	59,821,000	$56.4M	+38,000
SAREPTA THERAPEUTICS INCSAREPTA THERAPEUTICS INC NOTE 1.250% 9/1	principal	59,159,000	$55.1M	+6,000
DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV	principal	58,981,000	$55M	-18,000,000
LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL NOTE 2.250% 8/1	principal	44,514,000	$54.5M	+126,000
INSULET CORPINSULET CORP NOTE 0.375% 9/0	principal	42,002,000	$53.2M	+212,000
CONFLUENT INCCONFLUENT INC NOTE 1/1	principal	55,363,000	$51.3M	-17,000,000
HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 1.000% 8/1	principal	39,984,000	$51.2M	0
DEXCOM INCDEXCOM INC NOTE 0.375% 5/1	principal	56,696,000	$50.5M	-6,245,000
LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 1.500%12/1	principal	41,215,000	$48.8M	-46,000
ALNYLAM PHARMACEUTICALS INCALNYLAM PHARMACEUTICALS INC NOTE 1.000% 9/1	principal	41,326,000	$47.7M	-2,000
EVERGY INCEVERGY INC NOTE 4.500%12/1	principal	40,337,000	$47.4M	+17,692,000
ROYAL CARIBBEAN GROUPROYAL CARIBBEAN GROUP NOTE 6.000% 8/1	principal	10,871,000	$44.8M	-515,000
STRATEGY INCSTRATEGY INC NOTE 0.875% 3/1	principal	30,444,000	$43.2M	new
AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0	principal	43,192,000	$43M	0
FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1	principal	43,677,000	$42.8M	-368,000
ETSY INCETSY INC NOTE 0.250% 6/1	principal	50,000,000	$42.5M	0
BOFA FIN LLCBOFA FIN LLC MTNF 0.600% 5/2	principal	41,746,000	$41.5M	+548,000
RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 3.625%10/1	principal	47,121,000	$41.2M	0
ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 5/0	principal	37,933,000	$40M	+1,333,000
WORKIVA INCWORKIVA INC NOTE 1.250% 8/1	principal	42,560,000	$39.7M	+6,433,000
JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1	principal	38,133,000	$39.5M	0
RINGCENTRAL INCRINGCENTRAL INC NOTE 3/1	principal	41,100,000	$39.2M	0
FIVE9 INCFIVE9 INC CNV	principal	44,596,000	$38M	new
MARRIOTT VACATIONS WORLDWIDEMARRIOTT VACATIONS WORLDWIDE NOTE 3.250%12/1	principal	40,250,000	$37.3M	0
PARSONS CORP DELPARSONS CORP DEL NOTE 2.625% 3/0	principal	36,981,000	$37M	new
POST HLDGS INCPOST HLDGS INC NOTE 2.500% 8/1	principal	30,916,000	$36.9M	-4,125,000
REDFIN CORPREDFIN CORP NOTE 0.500% 4/0	principal	40,500,000	$35.8M	+5,500,000
HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 0.250% 3/0	principal	33,640,000	$35.7M	+4,476,000
ETSY INCETSY INC NOTE 0.125% 9/0	principal	39,355,000	$34.8M	-3,000
SNAP INCSNAP INC NOTE 0.125% 3/0	principal	40,000,000	$33.9M	0
ETSY INCETSY INC NOTE 0.125%10/0	principal	34,993,000	$33.7M	0
INSMED INCINSMED INC NOTE 0.750% 6/0	principal	14,027,000	$33.1M	+109,000
UNITY SOFTWARE INCUNITY SOFTWARE INC NOTE 11/1	principal	35,639,000	$33M	0
BLOOM ENERGY CORPBLOOM ENERGY CORP Bond	principal	24,802,000	$32.5M	+9,184,000
COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.500% 6/0	principal	33,210,000	$32.5M	+513,000
DROPBOX INCDROPBOX INC NOTE 3/0	principal	32,670,000	$32.2M	0
SNAP INCSNAP INC NOTE 5/0	principal	35,897,000	$32.1M	-25,000,000
TYLER TECHNOLOGIES INCTYLER TECHNOLOGIES INC NOTE 0.250% 3/1	principal	25,357,000	$30.8M	+119,000
FIRSTENERGY CORPFIRSTENERGY CORP NOTE 4.000% 5/0	principal	30,000,000	$30.4M	0
Q2 HLDGS INCQ2 HLDGS INC NOTE 0.125%11/1	principal	30,625,000	$29.8M	0
NEOGENOMICS INCNEOGENOMICS INC NOTE 0.250% 1/1	principal	34,405,000	$29.8M	-370,000
FIVERR INTL LTDFIVERR INTL LTD NOTE 11/0	principal	30,000,000	$29M	0
ENOVIS CORPORATIONENOVIS CORPORATION NOTE 3.875%10/1	principal	28,088,000	$28.8M	+29,000
RAPID7 INCRAPID7 INC NOTE 1.250% 3/1	principal	32,410,000	$28.1M	-285,000
ALLIANT ENERGY CORPALLIANT ENERGY CORP NOTE 3.875% 3/1	principal	26,030,000	$28M	0
GLOBAL PMTS INCGLOBAL PMTS INC NOTE 1.500% 3/0	principal	29,397,000	$27.7M	new
CENTERPOINT ENERGY INCCENTERPOINT ENERGY INC NOTE 4.250% 8/1	principal	25,470,000	$27.6M	+470,000
INTERDIGITAL INCINTERDIGITAL INC NOTE 3.500% 6/0	principal	10,137,000	$27.2M	+80,000
CSG SYS INTL INCCSG SYS INTL INC NOTE 3.875% 9/1	principal	24,963,000	$27M	+14,963,000
NORTHERN OIL & GAS INCNORTHERN OIL & GAS INC NOTE 3.625% 4/1	principal	25,072,000	$26.5M	-4,000
SHAKE SHACK INCSHAKE SHACK INC NOTE 3/0	principal	28,538,000	$26.4M	+10,000
WAYFAIR INCWAYFAIR INC NOTE 3.250% 9/1	principal	25,555,000	$25.1M	-2,632,000
IONIS PHARMACEUTICALS INCIONIS PHARMACEUTICALS INC NOTE 1.750% 6/1	principal	25,689,000	$24.9M	+13,307,000
ADVANCED ENERGY INDSADVANCED ENERGY INDS NOTE 2.500% 9/1	principal	24,284,000	$24.9M	+28,000
NOVA LTDNOVA LTD BOND	principal	10,000,000	$24.7M	0
SUPER MICRO COMPUTER INCSUPER MICRO COMPUTER INC NOTE 3.500% 3/0	principal	25,000,000	$24.2M	new
MIDDLEBY CORPMIDDLEBY CORP NOTE 1.000% 9/0	principal	19,825,000	$23.9M	-7,960,000
VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0	principal	18,030,000	$23.2M	+1,040,000
Dropbox IncDropbox Inc Convertible bond	principal	23,000,000	$22.7M	0
LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1	principal	16,038,000	$22.3M	+126,000
OKTA INCOKTA INC NOTE 0.125% 9/0	principal	22,500,000	$22.1M	0
LANTHEUS HLDGS INCLANTHEUS HLDGS INC Convertible	principal	15,472,000	$21.8M	-2,000
TETRA TECH INC NEWTETRA TECH INC NEW DBCV 2.250% 8/1	principal	20,436,000	$21.1M	-7,984,000
Shopify IncShopify Inc Convertible bond	principal	20,617,000	$20.7M	+5,617,000
JBT MAREL CORPORATIONJBT MAREL CORPORATION NOTE 0.250% 5/1	principal	20,230,000	$20.2M	0
ZIFF DAVIS INCZIFF DAVIS INC NOTE 1.75% 11/01/2026	principal	20,000,000	$18.8M	0
UPWORK INCUPWORK INC NOTE 0.250% 8/1	principal	20,000,000	$18.7M	0
NIO INCNIO INC NOTE 3.875%10/1	principal	25,000,000	$18.7M	0
RAPID7 INCRAPID7 INC NOTE 0.250% 3/1	principal	19,500,000	$17.9M	0
UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 12/1	principal	16,764,000	$17.8M	-5,000
LI AUTO INCLI AUTO INC NOTE 0.250% 5/0	principal	15,000,000	$17.8M	0
BLOCK INCBLOCK INC NOTE 0.250%11/0	principal	20,000,000	$17.7M	0
AMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INC NOTE 6.500% 7/0	principal	17,500,000	$17.5M	-561,000
NCL CORP LTDNCL CORP LTD NOTE 5.375% 8/0	principal	15,297,000	$17.5M	+99,000

Sold out in Q1 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

The largest 100 of 126. All 126

Security	Shares before	Value before	Type
BLOCK INCBLOCK INC	60,000,000	$59.5M	principal
IWNISHARES TR	280,400	$46.8M	call
ALTAIR ENGR INCALTAIR ENGR INC	29,443,000	$45.9M	principal
INSIGHT ENTERPRISES INCINSIGHT ENTERPRISES INC	13,022,000	$29.4M	principal
UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW	851,744	$29M	shares
PEGASYSTEMS INCPEGASYSTEMS INC	24,625,000	$24.4M	principal
TECHTARGET INCTECHTARGET INC	23,479,000	$23.4M	principal
CYBERARK SOFTWARE LTD/ISRAELCYBERARK SOFTWARE LTD/ISRAEL	78,000	$22.7M	call
ACIALBERTSONS COMPANIES INC	1,050,000	$20.6M	shares
VVISA INC	65,500	$18M	call
MSFTMICROSOFT CORP	36,500	$15.7M	put
AALAMERICAN AIRLINES GROUP INC	891,339	$15.5M	shares
ALPHATEC HLDGS INCALPHATEC HLDGS INC	16,287,000	$15.4M	principal
IHSIHS HOLDING LIMITED	51,000	$14.7M	put
GUIDEWIRE SOFTWARE INCGUIDEWIRE SOFTWARE INC	9,400,000	$13.9M	principal
CRACKER BARREL OLD CTRY STORCRACKER BARREL OLD CTRY STOR	12,500,000	$11.7M	principal
MMYTMAKEMYTRIP LIMITED MAURITIUS	99,670	$11.2M	shares
FISFIDELITY NATL INFORMATION SV	128,623	$10.4M	shares
KKRKKR & CO INC	66,086	$9.77M	shares
VINE HILL CAP INVT CORP.VINE HILL CAP INVT CORP.	925,000	$9.36M	shares
GIGCAPITAL7 CORPGIGCAPITAL7 CORP	925,000	$9.33M	shares
ELVELEVANCE HEALTH INC FORMERLY	24,774	$9.14M	shares
EOGEOG RES INC	70,900	$8.72M	call
WTFCWINTRUST FINL CORP	77,600	$8.42M	call
ARCH RESOURCES INCARCH RESOURCES INC	59,158	$8.35M	shares
NVDANVIDIA CORPORATION	68,700	$8.34M	put
POLEUANDRETTI ACQUISITION CORP II	825,000	$8.28M	shares
MDBMONGODB INC	35,133	$8.18M	shares
PINSPINTEREST INC	248,000	$8.03M	put
UBERUBER TECHNOLOGIES INC	105,000	$7.89M	put
EXELEXELIXIS INC	298,900	$7.76M	call
INFINERA CORPINFINERA CORP	6,476,000	$7.56M	principal
IBBISHARES TR	56,295	$7.44M	shares
FNFABRINET	30,000	$7.09M	put
CPRICAPRI HOLDINGS LIMITED	160,000	$6.79M	put
FUTURETECH II ACQUISITION COFUTURETECH II ACQUISITION CO	500,000	$6.12M	shares
NULLNULL	500,000	$5.94M	shares
SMINISHARES TR	75,273	$5.75M	shares
REDFIN CORPREDFIN CORP	5,890,000	$5.58M	principal
ALTAIR ENGINEERING INCALTAIR ENGINEERING INC	49,773	$5.43M	shares
SESEA LTD	55,800	$5.26M	call
SBXDUSILVERBOX CORP IV	500,000	$5.08M	shares
CPRICAPRI HOLDINGS LIMITED	240,000	$5.05M	shares
HCM II ACQUISITION CORPHCM II ACQUISITION CORP	500,000	$5.04M	shares
SMTCSEMTECH CORP	75,672	$4.68M	shares
CECELANESE CORP DEL	63,353	$4.38M	shares
INVHINVITATION HOMES INC	129,184	$4.13M	shares
WIXWIX COM LTD	22,300	$3.73M	call
SIMOSILICON MOTION TECHNOLOGY CO	68,589	$3.71M	shares
CABLE ONE INCCABLE ONE INC	3,903,000	$3.62M	principal
MODMODINE MFG CO	29,695	$3.44M	shares
MATTERPORT INCMATTERPORT INC	701,377	$3.32M	shares
COHRCOHERENT CORP	29,890	$2.83M	shares
GLBEGLOBAL E ONLINE LTD	67,500	$2.59M	call
SGSWEETGREEN INC	79,815	$2.56M	shares
RINGCENTRAL INCRINGCENTRAL INC	2,353,000	$2.33M	principal
INTRA-CELLULAR THERAPIES INCINTRA-CELLULAR THERAPIES INC	27,668	$2.31M	shares
FRPTFRESHPET INC	15,364	$2.28M	shares
ALKTALKAMI TECHNOLOGY INC	61,865	$2.27M	shares
PWPPERELLA WEINBERG PARTNERS	93,601	$2.23M	shares
GRABGRAB HOLDINGS LIMITED	570,600	$2.17M	call
SCHXSCHWAB STRATEGIC TR	89,793	$2.08M	shares
INTUITIVE MACHINES INCINTUITIVE MACHINES INC	250,000	$1.96M	shares
IRENIREN LIMITED	193,349	$1.9M	shares
ECGEVERUS CONSTR GROUP	28,828	$1.9M	shares
ZZILLOW GROUP INC	24,855	$1.84M	shares
CLSCELESTICA INC	18,852	$1.74M	shares
ALABASTERA LABS INC	12,785	$1.69M	shares
KRUSKURA SUSHI USA INC	17,304	$1.57M	shares
XPOXPO INC	11,817	$1.55M	shares
SITMSITIME CORP	6,814	$1.46M	shares
LAZLAZARD INC	27,557	$1.42M	shares
CORZCORE SCIENTIFIC INC NEW	100,030	$1.41M	shares
OSONESTREAM INC	48,627	$1.39M	shares
APOAPOLLO GLOBAL MGMT INC	7,850	$1.3M	shares
APLDAPPLIED DIGITAL CORP	166,600	$1.27M	shares
TGLSTECNOGLASS INC	15,266	$1.21M	shares
VRTVERTIV HOLDINGS CO	10,465	$1.19M	shares
MNKDMANNKIND CORP	184,661	$1.19M	shares
POSTPOST HLDGS INC	9,925	$1.14M	shares
AXSMAXSOME THERAPEUTICS INC.	12,808	$1.08M	shares
JEFJEFFERIES FINANCIAL GROUP IN	13,818	$1.08M	shares
CWBSPDR SERIES TRUST	13,015	$1.01M	shares
IWFISHARES TR	2,519	$1.01M	shares
EMEEMCOR GROUP INC	2,225	$1.01M	shares
GPGIGPGI INC	65,159	$999K	shares
BWXTBWX TECHNOLOGIES INC	8,566	$954K	shares
SCHMSCHWAB STRATEGIC TR	33,120	$918K	shares
EVREVERCORE INC	3,285	$911K	shares
ZSZSCALER INC	4,819	$869K	shares
EURONET WORLDWIDE INCEURONET WORLDWIDE INC	864,000	$853K	principal
KEXKIRBY CORP	7,892	$835K	shares
MICROSTRATEGY INCMICROSTRATEGY INC	396,000	$821K	principal
CRNXCRINETICS PHARMACEUTICALS IN	14,402	$736K	shares
CNOCNO FINL GROUP INC	35,070	$671K	shares
HEIHEICO CORP NEW	2,744	$652K	shares
REAXTHE REAL BROKERAGE INC	137,659	$633K	shares
LOARLOAR HOLDINGS INC	8,521	$630K	shares
WLDNWILLDAN GROUP INC	15,067	$574K	shares
VSECVSE CORP	6,024	$573K	shares

How Q1 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 0001085146-25-002415	base		2025-04-29	acceptance time not in the bulk data set	2026-10-07 18:25:06 UTC