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Empyrean Capital Partners, LP

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13F filer, CIK 1317195, LOS ANGELES, CA

Empyrean Capital Partners, LP reported $2,491,240,646 across 86 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-14. Its ten largest share positions make up 42.9% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001317195-25-000009

Period
2025-09-30
Reported value
$2.49B
Holdings
86
Top 10 weight
42.9%
New
28
Sold out
17

Largest buys vs the previous quarter

SecurityShares changeApprox. value
UNPnew+332,000$78.5M
BTIadded+1,250,000$66.3M
STZnew+451,000$60.7M
NSCnew+136,500$41M
BCSSUnew+3,990,000$40.3M

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

SecurityShares changeApprox. value
HESS CORPexited-906,000-$126M
SPYexited-124,848-$77.1M
SKXexited-821,000-$51.8M
James Hardie Industries PLCexited-1,257,000-$33.8M
CHURCHILL CAP CORP Xexited-3,000,000-$30.9M

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, Q3 2025

Share positions as resolved from 13F-HR 0001317195-25-000009, largest first. % of portfolio is the value over $2,491,240,646, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
AERAERCAP HOLDINGS NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,600,000 shares; 2024Q4: 1,600,000 shares; 2025Q1: 1,382,000 shares; 2025Q2: 1,432,000 shares; 2025Q3: 1,500,000 shares 1,500,000$182M7.29%+68,000Timeline
SHELSHELL PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,100,000 shares; 2024Q4: 2,300,000 shares; 2025Q1: 2,300,000 shares; 2025Q2: 2,300,000 shares; 2025Q3: 2,500,000 shares 2,500,000$179M7.18%+200,000Timeline
BTIBRITISH AMERN TOB PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 950,000 shares; 2025Q3: 2,200,000 shares 2,200,000$117M4.69%+1,250,000Timeline
MPCMARATHON PETE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 520,500 shares; 2025Q2: 531,000 shares; 2025Q3: 562,500 shares 562,500$108M4.35%+31,500Timeline
PCGPG&E CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,100,000 shares; 2024Q4: 5,897,000 shares; 2025Q1: 3,800,000 shares; 2025Q2: 4,100,000 shares; 2025Q3: 5,900,000 shares 5,900,000$89M3.57%+1,800,000Timeline
TXNMTXNM ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,404,554 shares; 2024Q4: 1,404,554 shares; 2025Q1: 1,404,554 shares; 2025Q2: 1,442,554 shares; 2025Q3: 1,442,554 shares 1,442,554$81.6M3.27%0Timeline
NMRKNEWMARK GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,360,150 shares; 2024Q4: 4,360,150 shares; 2025Q1: 4,360,150 shares; 2025Q2: 4,360,150 shares; 2025Q3: 4,360,150 shares 4,360,150$81.3M3.26%0Timeline
CVSCVS HEALTH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 890,000 shares; 2025Q1: 1,531,000 shares; 2025Q2: 862,000 shares; 2025Q3: 1,042,500 shares 1,042,500$78.6M3.15%+180,500Timeline
UNPUNION PAC CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 332,000 shares 332,000$78.5M3.15%newTimeline
AAMIACADIAN ASSET MANAGEMENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,880,634 shares; 2024Q4: 1,880,634 shares; 2025Q1: 1,880,634 shares; 2025Q2: 1,880,634 shares; 2025Q3: 1,541,108 shares 1,541,108$74.2M2.98%-339,526Timeline
COFCAPITAL ONE FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 150,000 shares; 2025Q3: 308,000 shares 308,000$65.5M2.63%+158,000Timeline
STZCONSTELLATION BRANDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 451,000 shares 451,000$60.7M2.44%newTimeline
LBRDKLIBERTY BROADBAND CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 320,561 shares; 2025Q1: 320,561 shares; 2025Q2: 920,781 shares; 2025Q3: 920,781 shares 920,781$58.5M2.35%0Timeline
CAHCARDINAL HEALTH INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 379,000 shares; 2025Q2: 311,300 shares; 2025Q3: 357,400 shares 357,400$56.1M2.25%+46,100Timeline
OPTUOPTIMUM COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,000,000 shares; 2024Q4: 17,700,000 shares; 2025Q1: 20,100,000 shares; 2025Q2: 23,100,000 shares; 2025Q3: 23,100,000 shares 23,100,000$55.7M2.23%0Timeline
ENVAENOVA INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 535,000 shares; 2024Q4: 462,800 shares; 2025Q1: 512,800 shares; 2025Q2: 567,538 shares; 2025Q3: 441,564 shares 441,564$50.8M2.04%-125,974Timeline
VTOLBRISTOW GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,120,000 shares; 2024Q4: 1,080,000 shares; 2025Q1: 1,130,000 shares; 2025Q2: 1,276,000 shares; 2025Q3: 1,276,000 shares 1,276,000$46M1.85%0Timeline
ECHOECHOSTAR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 313,000 shares; 2025Q3: 570,000 shares 570,000$43.5M1.75%+257,000Timeline
NGNOVAGOLD RESOURCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 570,000 shares; 2024Q4: 570,000 shares; 2025Q1: 1,933,066 shares; 2025Q2: 6,539,000 shares; 2025Q3: 4,893,566 shares 4,893,566$43.1M1.73%-1,645,434Timeline
NSCNORFOLK SOUTHN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 136,500 shares 136,500$41M1.65%newTimeline
BCSSUBAIN CAP GSS INVT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 3,990,000 shares 3,990,000$40.3M1.62%newTimeline
INFQINFLEQTION INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 2,640,000 shares 2,640,000$34M1.36%newTimeline
VSATVIASAT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,138,000 shares 1,138,000$33.3M1.34%newTimeline
LBRDALIBERTY BROADBAND CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 500,000 shares; 2025Q3: 500,000 shares 500,000$31.7M1.27%0Timeline
PPTAPERPETUA RESOURCES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,396,500 shares; 2025Q3: 1,517,953 shares 1,517,953$30.7M1.23%+121,453Timeline
PSXPHILLIPS 66Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 178,000 shares; 2025Q3: 216,800 shares 216,800$29.5M1.18%+38,800Timeline
NNINELNET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 231,000 shares 231,000$29M1.16%newTimeline
CCIXCHURCHILL CAPITAL CORP IXQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 2,900,000 shares; 2025Q1: 2,900,000 shares; 2025Q2: 2,633,582 shares; 2025Q3: 2,633,582 shares 2,633,582$27.6M1.11%0Timeline
NNNEXTNAV INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,461,065 shares; 2024Q4: 1,385,000 shares; 2025Q1: 1,685,000 shares; 2025Q2: 1,685,000 shares; 2025Q3: 1,886,000 shares 1,886,000$27M1.08%+201,000Timeline
TECKTECK RESOURCES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 500,000 shares 500,000$21.9M0.88%newTimeline
SIRISIRIUSXM HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 905,623 shares; 2024Q4: 905,623 shares; 2025Q1: 905,623 shares; 2025Q2: 905,623 shares; 2025Q3: 905,623 shares 905,623$21.1M0.85%0Timeline
SBGISINCLAIR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,060,000 shares; 2024Q4: 1,144,493 shares; 2025Q1: 1,144,493 shares; 2025Q2: 1,144,493 shares; 2025Q3: 1,144,493 shares 1,144,493$17.3M0.69%0Timeline
LLYVKLIBERTY MEDIA CORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 175,771 shares; 2024Q4: 175,771 shares; 2025Q1: 175,771 shares; 2025Q2: 175,771 shares; 2025Q3: 175,771 shares 175,771$17M0.68%0Timeline
ALITALIGHT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,150,000 shares; 2024Q4: 9,000,000 shares; 2025Q1: 7,500,000 shares; 2025Q2: 8,500,000 shares; 2025Q3: 4,930,000 shares 4,930,000$16.1M0.65%-3,570,000Timeline
AMBPARDAGH METAL PACKAGING S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,000,000 shares; 2024Q4: 4,000,000 shares; 2025Q1: 4,000,000 shares; 2025Q2: 4,000,000 shares; 2025Q3: 4,000,000 shares 4,000,000$16M0.64%0Timeline
GTENGORES HLDGS X INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,475,000 shares 1,475,000$15.1M0.6%newTimeline
AEMAGNICO EAGLE MINES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 95,000 shares; 2024Q4: 100,000 shares; 2025Q1: 100,000 shares; 2025Q2: 100,000 shares; 2025Q3: 86,800 shares 86,800$14.6M0.59%-13,200Timeline
AGIALAMOS GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 558,000 shares; 2024Q4: 400,000 shares; 2025Q1: 400,000 shares; 2025Q2: 300,000 shares; 2025Q3: 391,300 shares 391,300$13.6M0.55%+91,300Timeline
AEXAAMERICAN EXCEPTIONALISM ACQUQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,230,000 shares 1,230,000$13.4M0.54%newTimeline
TDSTELEPHONE & DATA SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 375,000 shares; 2024Q4: 325,000 shares; 2025Q1: 325,000 shares; 2025Q2: 325,000 shares; 2025Q3: 300,000 shares 300,000$11.8M0.47%-25,000Timeline
SDRLSEADRILL LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 374,420 shares 374,420$11.3M0.45%newTimeline
ACICAMERICAN COASTAL INS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 154,500 shares; 2024Q4: 840,500 shares; 2025Q1: 940,500 shares; 2025Q2: 940,500 shares; 2025Q3: 940,500 shares 940,500$10.7M0.43%0Timeline
EVACUEQV VENTURES AC CORP. IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,000,000 shares 1,000,000$10M0.4%newTimeline
NGDNEW GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,919,000 shares; 2024Q4: 2,610,000 shares; 2025Q1: 2,610,000 shares; 2025Q2: 1,539,428 shares; 2025Q3: 1,309,428 shares 1,309,428$9.4M0.38%-230,000Timeline
VALVALARIS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 140,000 shares; 2025Q2: not reported; 2025Q3: 191,700 shares 191,700$9.35M0.38%newTimeline
OXYOCCIDENTAL PETE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 232,600 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 191,000 shares 191,000$9.02M0.36%newTimeline
LLYVALIBERTY MEDIA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 94,563 shares; 2024Q4: 94,563 shares; 2025Q1: 94,563 shares; 2025Q2: 94,563 shares; 2025Q3: 94,563 shares 94,563$8.92M0.36%0Timeline
SNCYSUN CTRY AIRLS HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 557,042 shares; 2025Q3: 732,042 shares 732,042$8.65M0.35%+175,000Timeline
BPBP PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 245,000 shares; 2025Q3: 245,000 shares 245,000$8.44M0.34%0Timeline
OACCOAKTREE ACQUISITION CORP IIIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 750,000 shares 750,000$7.88M0.32%newTimeline
SOCAUSOLARIUS CAPITAL ACQU CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 700,000 shares 700,000$7.38M0.3%newTimeline
RACRITHM ACQUISITION CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 716,485 shares 716,485$7.34M0.29%newTimeline
HNRGHALLADOR ENERGY COMPANYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 775,000 shares; 2024Q4: 1,325,000 shares; 2025Q1: 1,325,000 shares; 2025Q2: 471,168 shares; 2025Q3: 354,476 shares 354,476$6.94M0.28%-116,692Timeline
GLIBKLIBERTY CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 184,156 shares 184,156$6.86M0.28%newTimeline
NXENEXGEN ENERGY LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,051,600 shares; 2025Q3: 751,000 shares 751,000$6.72M0.27%-1,300,600Timeline
MAGNMAGNERA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 469,730 shares; 2025Q1: 469,730 shares; 2025Q2: 469,730 shares; 2025Q3: 436,260 shares 436,260$5.11M0.21%-33,470Timeline
AKAMAKAMAI TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 540,598 shares; 2024Q4: 540,598 shares; 2025Q1: 200,000 shares; 2025Q2: not reported; 2025Q3: 58,000 shares 58,000$4.39M0.18%newTimeline
EQTEQT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 71,600 shares; 2025Q3: 71,600 shares 71,600$3.9M0.16%0Timeline
NENOBLE CORP PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 137,000 shares 137,000$3.87M0.16%newTimeline
RRCRANGE RES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 101,300 shares; 2025Q3: 101,300 shares 101,300$3.81M0.15%0Timeline
GLIBALIBERTY CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 99,999 shares 99,999$3.76M0.15%newTimeline
EXEEXPAND ENERGY CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 34,500 shares; 2025Q3: 34,500 shares 34,500$3.67M0.15%0Timeline
ARANTERO RESOURCES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 101,400 shares; 2025Q3: 101,400 shares 101,400$3.4M0.14%0Timeline
ULCCFRONTIER GROUP HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 700,000 shares; 2025Q1: not reported; 2025Q2: 1,100,000 shares; 2025Q3: 723,439 shares 723,439$3.19M0.13%-376,561Timeline
CEPFCANTOR EQUITY PARTNERS IV INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 300,000 shares 300,000$3.06M0.12%newTimeline
AMNAMN HEALTHCARE SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 150,000 shares 150,000$2.9M0.12%newTimeline
CTRACOTERRA ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 115,400 shares; 2025Q3: 115,400 shares 115,400$2.73M0.11%0Timeline
CAEPCANTOR EQUITY PARTNERS III IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 250,000 shares; 2025Q3: 250,000 shares 250,000$2.58M0.1%0Timeline
CRKCOMSTOCK RES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 118,900 shares; 2025Q3: 118,900 shares 118,900$2.36M0.09%0Timeline
FCRSUFUTURECREST ACQUISITION CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 175,000 shares 175,000$1.85M0.07%newTimeline
BDCIUBTC DEV CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 150,000 shares 150,000$1.51M0.06%newTimeline
TONXTON STRATEGY COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 192,621 shares 192,621$1.36M0.05%newTimeline
SABRSABRE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,325,000 shares; 2024Q4: 2,500,000 shares; 2025Q1: 3,500,000 shares; 2025Q2: 4,520,099 shares; 2025Q3: 400,000 shares 400,000$732K0.03%-4,120,099Timeline
CCIXWCHURCHILL CAPITAL CORP IXQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 440,000 shares; 2025Q1: 440,000 shares; 2025Q2: 440,000 shares; 2025Q3: 440,000 shares 440,000$343K0.01%0Timeline
COCHWENVOY MEDICAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 75,000 shares; 2024Q4: 75,000 shares; 2025Q1: 75,000 shares; 2025Q2: 75,000 shares; 2025Q3: 75,000 shares 75,000$2.82K<0.01%0Timeline
BENFWBENEFICIENTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 100,000 shares; 2024Q4: 100,000 shares; 2025Q1: 100,000 shares; 2025Q2: 100,000 shares; 2025Q3: 100,000 shares 100,000$1.44K<0.01%0Timeline

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

SecurityTypeAmountValueChange
BLACKLINE INCBLACKLINE INC NOTE 1.000% 6/0principal44,000,000$45.8M+2,000,000
VISHAY INTERTECHNOLOGY INCVISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1principal42,000,000$38M0
ANI PHARMACEUTICALS INCANI PHARMACEUTICALS INC NOTE 2.250% 9/0principal23,000,000$32.3Mnew
PAGERDUTY INCPAGERDUTY INC NOTE 1.500%10/1principal32,500,000$31.8M-7,500,000
ADVANCED ENERGY INDSADVANCED ENERGY INDS NOTE 2.500% 9/1principal22,500,000$31.2M+4,000,000
MKS INC.MKS INC. NOTE 1.250% 6/0principal25,000,000$27.4M+4,500,000
ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0principal24,000,000$22.2M-3,500,000
AMPHASTAR PHARMACEUTICALS INAMPHASTAR PHARMACEUTICALS IN NOTE 2.000% 3/1principal15,000,000$13.6M0
PENGUIN SOLUTIONS INCPENGUIN SOLUTIONS INC NOTE 2.000% 8/1principal10,500,000$12.5Mnew
CONMED CORPCONMED CORP NOTE 2.250% 6/1principal2,500,000$2.38M-3,500,000

Sold out in Q3 2025

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

SecurityShares beforeValue beforeType
HYGISHARES TR5,500,000$444Mput
IWMISHARES TR1,750,000$378Mput
HESS CORPHESS CORP906,000$126Mshares
SPYSTATE STR SPDR S&P 500 ETF T124,848$77.1Mshares
SKXSKECHERS U S A INC821,000$51.8Mshares
James Hardie Industries PLCJames Hardie Industries PLC1,257,000$33.8Mshares
CHURCHILL CAP CORP XCHURCHILL CAP CORP X3,000,000$30.9Mshares
UNHUNITEDHEALTH GROUP INC94,000$29.3Mshares
FIPFTAI INFRASTRUCTURE INC2,372,000$14.6Mshares
CHEFS WHSE INCCHEFS WHSE INC8,000,000$12.5Mprincipal
BTBTBIT DIGITAL INC4,250,000$9.31Mshares
ITRON INCITRON INC7,500,000$8.97Mprincipal
FASTLY INCFASTLY INC4,000,000$3.82Mprincipal
REDFIN CORPREDFIN CORP4,000,000$3.62Mprincipal
ASTLALGOMA STL GROUP INC452,148$3.12Mshares
BACCUBLUE ACQUISITION CORP.300,000$3.01Mshares
WOLFSPEED INCWOLFSPEED INC4,250,000$1.07Mprincipal

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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001317195-25-000009 base2025-11-14acceptance time not in the bulk data set