MILLENNIUM MANAGEMENT LLC
Follow13F filer, CIK 1273087, NEW YORK, NY
MILLENNIUM MANAGEMENT LLC reported $237,791,015,622 across 5,950 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 19.91% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001273087-26-000002
- Period
- 2025-12-31
- Reported value
- $238B
- Holdings
- 5,950
- Top 10 weight
- 19.91%
- New
- 726
- Sold out
- 754
Part of the filer group MILLENNIUM MANAGEMENT LLC
ENGLANDER ISRAEL AMILLENNIUM GLOBAL ESTATE GP LLC
- ENGLANDER ISRAEL A
- MILLENNIUM GLOBAL ESTATE GP LLC
- MILLENNIUM INTERNATIONAL MANAGEMENT LP
- Millennium Group Management LLC
Stakes and trades reported after 2025-12-31
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.
- VTVT VTV THERAPEUTICS INC: 13G/A 342,481 shares, 8.7% of the class, 13G/A filed 2026-10-08, 0001104659-26-114761Timeline
Accepted , ingested - INDV INDIVIOR PHARMACEUTICALS INC: 13G 6,343,651 shares, 5.4% of the class, 13G filed 2026-09-30, 0001104659-26-112446Timeline
Accepted , ingested - BYND BEYOND MEAT INC: 13G 957,442 shares, 5.2% of the class, 13G filed 2026-09-28, 0001104659-26-111444Timeline
Accepted , ingested
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| IVVadded | +6,995,145 | $4.79B |
| WMTadded | +37,075,626 | $4.13B |
| SPYadded | +2,097,639 | $1.43B |
| AVGOadded | +2,636,202 | $912M |
| ISRGadded | +1,225,985 | $694M |
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 |
|---|---|---|
| NVDAreduced | -3,038,895 | -$567M |
| AAPLreduced | -2,064,985 | -$561M |
| MSFTreduced | -1,141,618 | -$552M |
| ABBVreduced | -1,995,849 | -$456M |
| BACreduced | -7,767,679 | -$427M |
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 3,948 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).
The largest 100 of 1,883. All 1,883
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| IWMISHARES TR SHS | put | 30,678,500 | $7.55B | +343,000 |
| QQQINVESCO QQQ TR COM | put | 8,722,600 | $5.36B | +1,872,400 |
| NVDANVIDIA CORPORATION COM | put | 23,513,200 | $4.39B | -7,784,500 |
| IWMISHARES TR SHS | call | 15,680,700 | $3.86B | +963,500 |
| AAPLAPPLE INC COM | put | 9,012,900 | $2.45B | +116,800 |
| QQQINVESCO QQQ TR COM | call | 3,652,200 | $2.24B | -3,528,200 |
| AMZNAMAZON COM INC COM | put | 9,441,500 | $2.18B | -1,469,100 |
| METAMETA PLATFORMS INC COM | put | 3,166,200 | $2.09B | +680,800 |
| MSFTMICROSOFT CORP COM | put | 4,260,200 | $2.06B | -1,885,800 |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 2,722,000 | $1.86B | +1,160,800 |
| GOOGLALPHABET INC COM | put | 5,439,400 | $1.7B | +80,300 |
| XLFSELECT SECTOR SPDR TR SHS | put | 27,048,800 | $1.48B | -1,797,600 |
| TSLATESLA INC COM | put | 2,911,400 | $1.31B | -576,100 |
| AAPLAPPLE INC COM | call | 4,612,200 | $1.25B | -713,100 |
| NVDANVIDIA CORPORATION COM | call | 6,526,500 | $1.22B | -1,669,900 |
| AVGOBROADCOM INC COM | put | 3,032,500 | $1.05B | -155,500 |
| EEMISHARES TR MSCI EMG MKT ETF | put | 17,637,200 | $965M | -10,138,900 |
| HYGISHARES TR IBOXX HI YD ETF | put | 11,660,000 | $940M | -6,924,400 |
| METAMETA PLATFORMS INC COM | call | 1,365,900 | $902M | +53,900 |
| AMDADVANCED MICRO DEVICES INC COM | put | 4,207,700 | $901M | -766,600 |
| GOOGALPHABET INC COM | put | 2,743,100 | $861M | +525,800 |
| XLESELECT SECTOR SPDR TR SHS | put | 18,975,300 | $848M | +7,425,600 |
| MSFTMICROSOFT CORP COM | call | 1,569,100 | $759M | -1,311,500 |
| AMZNAMAZON COM INC COM | call | 3,181,100 | $734M | -988,300 |
| TSLATESLA INC COM | call | 1,586,900 | $714M | -913,700 |
| AVGOBROADCOM INC COM | call | 1,745,300 | $604M | -89,400 |
| DIASTATE STR SPDR DOW JONES IND UT SER 1 | put | 1,175,000 | $565M | -1,130,000 |
| GOOGLALPHABET INC COM | call | 1,755,000 | $549M | +437,300 |
| XLYSELECT SECTOR SPDR TR SBI CONS DISCR | put | 4,565,600 | $545M | +1,817,400 |
| XOMEXXON MOBIL CORP COM | put | 4,470,500 | $538M | +913,900 |
| LLYELI LILLY & CO COM | put | 488,200 | $525M | +56,800 |
| PLTRPALANTIR TECHNOLOGIES INC COM | put | 2,900,200 | $516M | +78,600 |
| MAMASTERCARD INCORPORATED COM | put | 874,600 | $499M | +154,800 |
| BRK-BBERKSHIRE HATHAWAY INC DEL COM | put | 992,000 | $499M | +80,800 |
| XLKSELECT SECTOR SPDR TR SHS | put | 2,979,800 | $429M | +1,430,200 |
| XLUSELECT SECTOR SPDR TR SHS | put | 9,893,600 | $422M | +4,843,400 |
| ORCLORACLE CORP COM | put | 2,135,600 | $416M | +1,140,500 |
| GOOGALPHABET INC COM | call | 1,322,800 | $415M | +198,900 |
| MUMICRON TECHNOLOGY INC COM | put | 1,403,400 | $401M | +306,600 |
| NFLXNETFLIX INC. COM | put | 4,169,900 | $391M | +3,404,000 |
| STTSTATE STR CORP Stock | call | 3,013,400 | $389M | +2,975,400 |
| JPMJPMORGAN CHASE & CO COM | put | 1,173,900 | $378M | +87,900 |
| EFAISHARES TR MSCI EAFE ETF | put | 3,895,000 | $374M | +241,500 |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | call | 525,300 | $358M | +381,900 |
| CRMSALESFORCE INC COM | put | 1,341,100 | $355M | -180,800 |
| SMHVANECK ETF TRUST COM | put | 968,800 | $349M | +130,300 |
| QCOMQUALCOMM INC COM | put | 1,975,100 | $338M | +496,000 |
| SMHVANECK ETF TRUST COM | call | 933,000 | $336M | +254,300 |
| VVISA INC COM | put | 938,800 | $329M | +69,700 |
| XLESELECT SECTOR SPDR TR SHS | call | 7,238,400 | $324M | +700,700 |
| JNJJOHNSON & JOHNSON COM | put | 1,557,800 | $322M | +557,200 |
| BABAALIBABA GROUP HLDG LTD SPONSORED ADS | call | 2,167,400 | $318M | +1,179,500 |
| BABAALIBABA GROUP HLDG LTD SPONSORED ADS | put | 2,132,400 | $313M | +457,500 |
| FXIISHARES TR CHINA LG-CAP ETF | put | 7,586,200 | $290M | +801,200 |
| EEMISHARES TR MSCI EMG MKT ETF | call | 5,230,700 | $286M | -6,183,800 |
| BACBANK OF AMER CORP COM | put | 5,052,700 | $278M | -716,100 |
| LQDISHARES TR SHS | put | 2,500,000 | $275M | +1,233,300 |
| PANWPALO ALTO NETWORKS INC COM | put | 1,450,800 | $267M | -230,500 |
| INTCINTEL CORP COM | put | 7,096,500 | $262M | +3,104,200 |
| MSTRSTRATEGY INC Stock | call | 1,709,400 | $260M | +1,538,400 |
| AMDADVANCED MICRO DEVICES INC COM | call | 1,198,400 | $257M | -539,800 |
| MAMASTERCARD INCORPORATED COM | call | 443,300 | $253M | -40,500 |
| ORCLORACLE CORP COM | call | 1,270,200 | $248M | +726,100 |
| XLFSELECT SECTOR SPDR TR SHS | call | 4,505,000 | $247M | -4,278,900 |
| AMATAPPLIED MATLS INC COM | put | 956,400 | $246M | -212,800 |
| MUMICRON TECHNOLOGY INC COM | call | 858,700 | $245M | +163,700 |
| XBISPDR SERIES TRUST S&P BIOTECH | put | 1,986,900 | $242M | -1,327,800 |
| ASMLASML HLDG NV STOK | put | 224,500 | $240M | -78,400 |
| WBDWARNER BROS DISCOVERY INC Stock | put | 8,322,100 | $240M | +5,382,700 |
| KWEBKRANESHARES TRUST CSI CHI INTERNET | call | 7,037,500 | $240M | +1,969,700 |
| MRVLMARVELL TECHNOLOGY INC COM | put | 2,782,600 | $236M | +781,800 |
| COSTCOSTCO WHOLESALE CORPORATION COM | put | 270,700 | $233M | +93,200 |
| WFCWELLS FARGO & CO COM | put | 2,467,300 | $230M | -376,500 |
| LRCXLAM RESEARCH CORP COM | put | 1,304,400 | $223M | -364,300 |
| EWCISHARES INC MSCI CDA ETF | put | 4,140,000 | $223M | -200,000 |
| BKNGBOOKING HOLDINGS INC COM | put | 41,000 | $220M | +21,000 |
| CMACOMERICA INC COM | call | 2,500,000 | $217M | -3,650,000 |
| BXBLACKSTONE INC COM | put | 1,396,800 | $215M | +734,600 |
| FHNFIRST HORIZON CORPORATION Common Capital Stock, par value $0.625 per share | call | 9,000,000 | $215M | +1,841,600 |
| FXIISHARES TR CHINA LG-CAP ETF | call | 5,539,400 | $212M | -4,088,600 |
| CATCATERPILLAR INC COM | put | 367,600 | $211M | -19,100 |
| IVZINVESCO LTD Stock | call | 7,965,700 | $209M | +3,380,600 |
| XOMEXXON MOBIL CORP COM | call | 1,681,000 | $202M | -369,800 |
| HYGISHARES TR IBOXX HI YD ETF | call | 2,502,400 | $202M | -1,547,600 |
| PLTRPALANTIR TECHNOLOGIES INC COM | call | 1,130,300 | $201M | -5,000 |
| NFLXNETFLIX INC. COM | call | 2,097,800 | $197M | +1,947,500 |
| XLYSELECT SECTOR SPDR TR SBI CONS DISCR | call | 1,638,200 | $196M | +1,051,000 |
| CVXCHEVRON CORPORATION COM | put | 1,274,000 | $194M | -600,300 |
| CATCATERPILLAR INC COM | call | 336,300 | $193M | +143,000 |
| WMTWALMART INC COM | put | 1,707,800 | $190M | +356,300 |
| HDHOME DEPOT INC COM | put | 543,400 | $187M | -108,100 |
| HDHOME DEPOT INC COM | call | 532,900 | $183M | +185,200 |
| CSCOCISCO SYS INC COM | put | 2,363,700 | $182M | +260,400 |
| EFAISHARES TR MSCI EAFE ETF | call | 1,834,800 | $176M | -1,990,300 |
| UNHUNITEDHEALTH GROUP INC COM | put | 530,000 | $175M | -346,700 |
| PDDPDD HOLDINGS INC ADR | put | 1,501,000 | $170M | +744,900 |
| ABBVABBVIE INC COM | put | 740,200 | $169M | -19,800 |
| DELLDELL TECHNOLOGIES INC Stock | put | 1,282,600 | $161M | +303,100 |
| COINCOINBASE GLOBAL INC Stock | call | 713,700 | $161M | +7,500 |
| UBERUBER TECHNOLOGIES INC COM | put | 1,958,600 | $160M | -1,109,100 |
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 |
|---|---|---|---|---|
| WESTERN DIGITAL CORPWESTERN DIGITAL CORP NOTE 3.000%11/1 | principal | 200,082,000 | $918M | +19,200,000 |
| ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 | principal | 201,427,000 | $313M | -7,367,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 1.500%12/1 | principal | 55,650,000 | $296M | +36,150,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500% 6/1 | principal | 74,720,000 | $212M | +49,720,000 |
| WAYFAIR INCWAYFAIR INC Convertible bond | principal | 74,000,000 | $170M | +7,569,000 |
| ECHOSTAR CORPECHOSTAR CORP NOTE 3.875%11/3 | principal | 37,260,000 | $125M | -20,419,032 |
| ORMAT TECHNOLOGIES INCORMAT TECHNOLOGIES INC NOTE 2.500% 7/1 | principal | 75,178,000 | $101M | +6,292,000 |
| PEABODY ENGR CORPPEABODY ENGR CORP NOTE 3.250% 3/0 | principal | 53,211,000 | $89.6M | new |
| GRANITE CONSTR INCGRANITE CONSTR INC NOTE 3.750% 5/1 | principal | 35,000,000 | $89.1M | new |
| H WORLD GROUP LTDH WORLD GROUP LTD Convertible bond | principal | 65,500,000 | $83.5M | -5,000,000 |
| BENTLEY SYSTEMS INCBENTLEY SYSTEMS INC NOTE 0.125% 1/1 | principal | 79,264,000 | $79.1M | +2,500,000 |
| UGI CORP NEWUGI CORP NEW NOTE 5.000% 6/0 | principal | 53,010,000 | $75.2M | +5,000,000 |
| SEA LTDSEA LTD NOTE 0.250% 9/1 | principal | 62,790,000 | $60.9M | -47,366,000 |
| BENTLEY SYS INCBENTLEY SYS INC NOTE 0.375% 7/0 | principal | 60,000,000 | $56.5M | +17,500,000 |
| MARRIOTT VACATIONS WORLDWIDEMARRIOTT VACATIONS WORLDWIDE NOTE 1/1 | principal | 55,500,000 | $55.4M | -45,167,000 |
| MARA HOLDINGS INCMARA HOLDINGS INC NOTE 6/0 | principal | 62,731,000 | $52.4M | new |
| FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1 | principal | 50,000,000 | $51.9M | +17,500,000 |
| PATRICK INDS INCPATRICK INDS INC NOTE 1.750%12/0 | principal | 28,665,000 | $48.7M | 0 |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV | principal | 50,305,000 | $48.6M | 0 |
| COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.250% 4/0 | principal | 47,250,000 | $48.5M | +18,000,000 |
| AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS A | principal | 47,485,000 | $47.1M | +1,453,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500%12/1 | principal | 12,510,000 | $46.4M | new |
| UNITY SOFTWARE INCUNITY SOFTWARE INC NOTE 11/1 | principal | 47,569,000 | $46M | 0 |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP NOTE 1.000% 4/1 | principal | 46,318,000 | $45.9M | -7,000,000 |
| ADVANCED ENERGY INDSADVANCED ENERGY INDS NOTE 2.500% 9/1 | principal | 25,000,000 | $41.1M | new |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC NOTE 2.500% 3/1 | principal | 21,000,000 | $39.6M | +11,000,000 |
| BLOCK INCBLOCK INC NOTE 5/0 | principal | 40,000,000 | $39.4M | +18,500,000 |
| STRATEGY INCSTRATEGY INC NOTE 0.625% 9/1 | principal | 32,500,000 | $38M | -131,500,000 |
| FLUOR CORPFLUOR CORP NOTE 1.125% 8/1 | principal | 32,500,000 | $37.1M | 0 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 3.625%10/1 | principal | 32,692,000 | $36.7M | +3,192,000 |
| LI AUTO INCLI AUTO INC NOTE 0.250% 5/0 | principal | 32,475,000 | $32.8M | +17,475,000 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 4.625% 3/1 | principal | 25,704,000 | $32.3M | -35,441,000 |
| SIRIUSXM HOLDINGS INCSIRIUSXM HOLDINGS INC NOTE 3.750% 3/1 | principal | 30,550,000 | $30.7M | +6,000,000 |
| ANI PHARMACEUTICALS INCANI PHARMACEUTICALS INC NOTE 2.250% 9/0 | principal | 24,000,000 | $30.3M | +3,000,000 |
| IONIS PHARMACEUTICALS INIONIS PHARMACEUTICALS IN NOTE 4/0 | principal | 21,700,000 | $29.8M | new |
| JBT MAREL CORPORATIONJBT MAREL CORPORATION NOTE 0.250% 5/1 | principal | 28,000,000 | $28.8M | 0 |
| SOLARIS ENERGY INFRAS INCSOLARIS ENERGY INFRAS INC NOTE 0.250%10/0 | principal | 26,600,000 | $28.8M | new |
| VAIL RESORTS INCVAIL RESORTS INC NOTE 1/0 | principal | 28,000,000 | $28M | +3,000,000 |
| WEIBO CORPWEIBO CORP CNV | principal | 23,400,000 | $27.2M | -2,800,000 |
| CALLAWAY GOLF COCALLAWAY GOLF CO NOTE 2.750% 5/0 | principal | 26,800,000 | $26.7M | 0 |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 1.000% 8/1 | principal | 19,923,000 | $26.5M | -68,577,000 |
| PG&E CORPPG&E CORP NOTE 4.250%12/0 | principal | 25,000,000 | $25.8M | 0 |
| RIOT PLATFORMS INCRIOT PLATFORMS INC NOTE 0.750% 1/1 | principal | 22,525,000 | $25.4M | new |
| STARWOOD PPTY TR INCSTARWOOD PPTY TR INC NOTE 6.750% 7/1 | principal | 24,000,000 | $24.8M | +2,500,000 |
| TRIP COM GROUP LTDTRIP COM GROUP LTD NOTE 0.750% 6/1 | principal | 20,000,000 | $24.7M | -3,000,000 |
| IONIS PHARMACEUTICALS INCIONIS PHARMACEUTICALS INC NOTE 1.750% 6/1 | principal | 15,500,000 | $24.6M | new |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 23,000,000 | $22.8M | -39,000,000 |
| TRAVERE THERAPEUTICS INCTRAVERE THERAPEUTICS INC CNV | principal | 15,750,000 | $22.5M | +2,750,000 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD Convertible | principal | 16,500,000 | $22M | new |
| CAPITAL SOUTHWEST CORPCAPITAL SOUTHWEST CORP Convertible Bond | principal | 21,842,000 | $21.7M | +10,142,000 |
| NIO INCNIO INC NOTE 3.875%10/1 | principal | 21,500,000 | $20.4M | +1,000,000 |
| SNOWFLAKE INCSNOWFLAKE INC NOTE 10/0 | principal | 13,000,000 | $20.1M | 0 |
| HERTZ CORPHERTZ CORP NOTE 8.000% 7/1 | principal | 16,719,999 | $19.1M | -2,000,000 |
| MARRIOTT VACATIONS WORLDWIDEMARRIOTT VACATIONS WORLDWIDE NOTE 3.250%12/1 | principal | 20,000,000 | $19M | new |
| ASTRONICS CORPASTRONICS CORP NOTE 5.500% 3/1 | principal | 7,203,000 | $18.5M | new |
| CENTRUS ENERGY CORPCENTRUS ENERGY CORP NOTE 2.250%11/0 | principal | 6,850,000 | $18.4M | new |
| SUPER MICRO COMPUTER INCSUPER MICRO COMPUTER INC NOTE 3.500% 3/0 | principal | 20,000,000 | $17.9M | -14,736,000 |
| BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC NOTE 1.250% 5/1 | principal | 17,500,000 | $16.8M | -7,500,000 |
| MARA HOLDINGS INCMARA HOLDINGS INC NOTE3/0 | principal | 21,350,000 | $16.8M | new |
| BLACKLINE INCBLACKLINE INC NOTE 3/1 | principal | 16,778,000 | $16.6M | 0 |
| BILL HOLDINGS INCBILL HOLDINGS INC NOTE 4/0 | principal | 16,200,000 | $15.4M | +5,305,000 |
| LANTHEUS HLDGS INCLANTHEUS HLDGS INC Convertible | principal | 13,300,000 | $15.2M | -13,700,000 |
| ETSY INCETSY INC NOTE 0.125% 9/0 | principal | 15,878,000 | $14.7M | 0 |
| CONFLUENT INCCONFLUENT INC NOTE 1/1 | principal | 15,000,000 | $14.6M | -28,968,000 |
| STRATEGY INCSTRATEGY INC NOTE 0.875% 3/1 | principal | 14,000,000 | $14.4M | -6,000,000 |
| PURECYCLE TECHNOLOGIES INCPURECYCLE TECHNOLOGIES INC NOTE 7.250% 8/1 | principal | 13,828,000 | $13.9M | +250,000 |
| PENNYMAC CORPPENNYMAC CORP Convertible Bond | principal | 13,000,000 | $13.7M | 0 |
| STRATEGY INCSTRATEGY INC NOTE12/0 | principal | 16,600,000 | $13.6M | new |
| STRATEGY INCSTRATEGY INC NOTE 2.250% 6/1 | principal | 12,000,000 | $13.3M | 0 |
| AFFIRM HLDGS INCAFFIRM HLDGS INC NOTE 0.750%12/1 | principal | 11,300,000 | $12.5M | new |
| RAMACO RES INCRAMACO RES INC NOTE 11/0 | principal | 14,775,000 | $12.5M | new |
| NIO INCNIO INC NOTE 4.625%10/1 | principal | 13,250,000 | $12M | -2,500,000 |
| SYNAPTICS INCSYNAPTICS INC NOTE 0.750%12/0 | principal | 10,721,000 | $11.3M | new |
| HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 3/0 | principal | 10,500,000 | $10.4M | -5,000,000 |
| NUTANIX INCNUTANIX INC NOTE 0.500%12/1 | principal | 10,750,000 | $10.4M | new |
| SILVERCORP METALS INCSILVERCORP METALS INC NOTE 4.750%12/1 | principal | 5,000,000 | $10.2M | new |
| PENGUIN SOLUTIONS INCPENGUIN SOLUTIONS INC NOTE 2.000% 8/1 | principal | 9,900,000 | $10.1M | -5,100,000 |
| MARA HOLDINGS INCMARA HOLDINGS INC NOTE 2.125% 9/0 | principal | 12,200,000 | $9.88M | -800,000 |
| VISHAY INTERTECHNOLOGY INCVISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1 | principal | 10,760,000 | $9.69M | new |
| UPSTART HLDGS INCUPSTART HLDGS INC NOTE 1.000%11/1 | principal | 10,425,000 | $9.1M | new |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1 | principal | 7,500,000 | $8.7M | -37,000,000 |
| UPSTART HLDGS INCUPSTART HLDGS INC NOTE 0.250% 8/1 | principal | 9,000,000 | $8.69M | 0 |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 7,500,000 | $8.53M | new |
| CABLE ONE INCCABLE ONE INC NOTE 3/1 | principal | 8,141,000 | $8.04M | -31,643,000 |
| JD.COM INCJD.COM INC NOTE 0.250% 6/0 | principal | 8,019,000 | $8.04M | -16,500,000 |
| MAGNITE INCMAGNITE INC NOTE 0.250% 3/1 | principal | 8,000,000 | $7.92M | 0 |
| T1 ENERGY INCT1 ENERGY INC NOTE 5.250%12/0 | principal | 5,900,000 | $7.53M | new |
| DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND | principal | 7,000,000 | $7.22M | new |
| SNOWFLAKE INCSNOWFLAKE INC NOTE 10/0 | principal | 4,575,000 | $6.8M | -24,100,000 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 6,644,000 | $6.58M | -5,856,000 |
| GUARDANT HEALTH INCGUARDANT HEALTH INC NOTE 11/1 | principal | 6,000,000 | $6.45M | new |
| HERBALIFE LTDHERBALIFE LTD NOTE 4.250% 6/1 | principal | 5,815,000 | $6.33M | new |
| WISDOMTREE INCWISDOMTREE INC NOTE 3.250% 8/1 | principal | 5,000,000 | $6.02M | -3,000,000 |
| ETSY INCETSY INC NOTE 0.250% 6/1 | principal | 6,500,000 | $5.81M | new |
| DATADOG INCDATADOG INC NOTE 12/0 | principal | 5,435,000 | $5.44M | new |
| CLEANSPARK INCCLEANSPARK INC NOTE 6/1 | principal | 5,275,000 | $5.42M | new |
| VERITONE INCVERITONE INC NOTE 1.750%11/1 | principal | 5,250,000 | $4.91M | 0 |
| RINGCENTRAL INCRINGCENTRAL INC NOTE 3/1 | principal | 4,000,000 | $3.96M | 0 |
| GLADSTONE CAP CORPGLADSTONE CAP CORP NOTE 5.875%10/0 | principal | 3,270,000 | $3.19M | 0 |
| PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1 | principal | 2,500,000 | $2.75M | new |
| FASTLY INCFASTLY INC NOTE 3/1 | principal | 2,760,000 | $2.73M | -14,240,000 |
| PELOTON INTERACTIVE INCPELOTON INTERACTIVE INC NOTE 2/1 | principal | 2,500,000 | $2.48M | 0 |
| COGENT BIOSCIENCES INCCOGENT BIOSCIENCES INC NOTE 1.625%11/1 | principal | 2,000,000 | $2.34M | new |
| SOLARIS ENERGY INFRAS INCSOLARIS ENERGY INFRAS INC NOTE 4.750% 5/0 | principal | 1,135,000 | $2.27M | +1,000,000 |
| FORTUNA MNG CORPFORTUNA MNG CORP NOTE 3.750% 6/3 | principal | 1,050,000 | $1.79M | -10,000,000 |
| XEROX HOLDINGS CORPXEROX HOLDINGS CORP NOTE 3.750% 3/1 | principal | 5,500,000 | $1.55M | -7,780,000 |
| NORTHERN OIL & GAS INCNORTHERN OIL & GAS INC NOTE 3.625% 4/1 | principal | 1,300,000 | $1.25M | -12,000,000 |
| BILL HOLDINGS INCBILL HOLDINGS INC NOTE 4/0 | principal | 1,250,000 | $1.15M | new |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN Convertible | principal | 1,000,000 | $1.05M | new |
| APPLIED DIGITAL CORPAPPLIED DIGITAL CORP NOTE 2.750% 6/0 | principal | 375,000 | $1.01M | new |
| CELCUITY INCCELCUITY INC NOTE 2.750% 8/0 | principal | 350,000 | $759K | -3,200,000 |
| AEROVIRONMENT INCAEROVIRONMENT INC NOTE 7/1 | principal | 650,000 | $708K | -6,000,000 |
| CIPHER DIGITAL INCCIPHER DIGITAL INC NOTE 1.750% 5/1 | principal | 150,000 | $524K | 0 |
| IREN LIMITEDIREN LIMITED NOTE 3.250% 6/1 | principal | 200,000 | $493K | new |
| GUIDEWIRE SOFTWARE INCGUIDEWIRE SOFTWARE INC NOTE 1.250%11/0 | principal | 345,000 | $380K | new |
| Dynavax Technologies CorpDynavax Technologies Corp Convertible bond | principal | 225,000 | $235K | 0 |
| EVOLENT HEALTH INCEVOLENT HEALTH INC DEBT 4.500% 8/1 | principal | 290,000 | $206K | 0 |
| OMNICELL COMOMNICELL COM NOTE 1.000%12/0 | principal | 150,000 | $162K | new |
| CSG SYS INTL INCCSG SYS INTL INC NOTE 3.875% 9/1 | principal | 10,000 | $11.8K | -2,490,000 |
Sold out in Q4 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
The largest 100 of 754. All 754
| Security | Shares before | Value before | Type |
|---|---|---|---|
| LQDISHARES TR | 3,075,000 | $343M | call |
| BLOOM ENERGY CORPBLOOM ENERGY CORP | 63,428,000 | $288M | principal |
| MR COOPER GROUP INCMR COOPER GROUP INC | 1,316,053 | $277M | shares |
| SEA LTDSEA LTD | 129,602,000 | $256M | principal |
| KKELLANOVA | 3,077,390 | $252M | shares |
| VERONA PHARMA PLCVERONA PHARMA PLC | 1,796,738 | $192M | shares |
| FDNFIRST TR EXCHANGE-TRADED FD | 650,113 | $182M | shares |
| ETHGRAYSCALE ETHEREUM STAKING | 4,536,214 | $178M | shares |
| INTERPUBLIC GROUP COSINTERPUBLIC GROUP COS | 5,053,486 | $141M | shares |
| EWJISHARES INC | 1,700,000 | $136M | call |
| WNS HLDGS LTD COM SHSWNS HLDGS LTD COM SHS | 1,672,631 | $128M | shares |
| VCLTVANGUARD SCOTTSDALE FDS | 1,212,092 | $94.1M | shares |
| KKELLANOVA | 1,114,200 | $91.4M | put |
| DRIDARDEN RESTAURANTS INC | 399,472 | $76M | shares |
| VLYVALLEY NATL BANCORP | 7,000,000 | $74.2M | call |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC | 59,128,000 | $67.8M | principal |
| SPRSPIRIT AEROSYSTEMS HLDGS INC | 1,740,639 | $67.2M | shares |
| MERUS N VMERUS N V | 699,029 | $65.8M | shares |
| CNKCINEMARK HLDGS INC | 2,250,000 | $63M | put |
| Sandstorm Gold LtdSandstorm Gold Ltd | 5,011,992 | $62.8M | shares |
| DEXCOM INCDEXCOM INC | 60,218,000 | $59.8M | principal |
| ZEEKR INTELLIGENT TECHNOLOGYZEEKR INTELLIGENT TECHNOLOGY | 1,958,833 | $59.7M | shares |
| STNESTONECO LTD | 2,989,751 | $56.5M | shares |
| IEIISHARES TR | 465,000 | $55.6M | call |
| WAYFAIR INCWAYFAIR INC | 33,553,000 | $51M | principal |
| HOLXHOLOGIC INC | 753,200 | $50.8M | call |
| KRMNKARMAN HLDGS INC | 696,659 | $50.3M | shares |
| IMAX CORPIMAX CORP | 41,946,000 | $49.6M | principal |
| IEFISHARES TR | 508,000 | $49M | call |
| Shopify IncShopify Inc | 45,800,000 | $48.2M | principal |
| IEIISHARES TR | 390,000 | $46.6M | put |
| Shift4 Payments IncShift4 Payments Inc | 45,000,000 | $46.3M | principal |
| HUMHUMANA INC | 177,172 | $46.1M | shares |
| NTNXNUTANIX INC | 601,982 | $44.8M | shares |
| ALEALLETE INC | 671,802 | $44.6M | shares |
| ICLRICON PUB LTD CO | 222,181 | $38.9M | shares |
| EWWISHARES INC | 547,203 | $37.3M | shares |
| PDD HOLDINGS INCPDD HOLDINGS INC | 35,500,000 | $35.2M | principal |
| HSTHOST HOTELS & RESORTS INC | 2,045,597 | $34.8M | shares |
| NOVOCURE LTDNOVOCURE LTD | 34,894,000 | $34.6M | principal |
| ARKKARK ETF TR | 381,800 | $32.9M | put |
| KKELLANOVA | 387,300 | $31.8M | call |
| DTMDT MIDSTREAM INC | 280,370 | $31.7M | shares |
| AVBAVALONBAY CMNTYS INC | 157,364 | $30.4M | shares |
| AVIDXCHANGE HOLDINGS INCAVIDXCHANGE HOLDINGS INC | 3,029,802 | $30.1M | shares |
| TICTIC SOLUTIONS INC | 2,231,768 | $29.7M | shares |
| TECKTECK RESOURCES LTD | 666,200 | $29.2M | call |
| OMCOMNICOM GROUP INC | 342,000 | $27.9M | put |
| CUSHMAN WAKEFIELD PLCCUSHMAN WAKEFIELD PLC | 1,716,049 | $27.3M | shares |
| MEDPMEDPACE HLDGS INC | 50,400 | $25.9M | call |
| QIAGEN N.V.QIAGEN N.V. | 570,000 | $25.5M | call |
| WYWEYERHAEUSER CO | 1,000,000 | $24.8M | call |
| RAPID7 INCRAPID7 INC | 26,067,000 | $24.6M | principal |
| FIGRFIGURE TECHNOLOGY SOLUTIO | 657,122 | $23.9M | shares |
| JETBLUE AIRWAYS CORPJETBLUE AIRWAYS CORP | 24,126,000 | $23.5M | principal |
| BIRKBIRKENSTOCK HOLDING PLC | 510,912 | $23.1M | shares |
| DRAFTKINGS INC NEWDRAFTKINGS INC NEW | 25,000,000 | $22.5M | principal |
| SUNRUN INCSUNRUN INC | 16,655,000 | $22.4M | principal |
| HPPHUDSON PAC PPTYS INC | 8,012,197 | $22.1M | shares |
| BAMBROOKFIELD ASSET MANAGMT LTD | 382,700 | $21.8M | put |
| CORZCORE SCIENTIFIC INC NEW | 1,213,800 | $21.8M | call |
| TEVATEVA PHARMACEUTICAL INDS LTD | 1,067,974 | $21.6M | shares |
| PNFPPINNACLE FINANCIAL PARTNERS | 226,694 | $21.3M | shares |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC | 13,500,000 | $19.9M | principal |
| STTSTATE STR CORP | 163,303 | $18.9M | shares |
| SAILSAILPOINT INC | 841,589 | $18.6M | shares |
| WIXWIX COM LTD | 103,400 | $18.4M | put |
| TECKTECK RESOURCES LTD | 405,700 | $17.8M | put |
| SEESEALED AIR CORP NEW | 500,000 | $17.7M | call |
| VERITEX HLDGS INCVERITEX HLDGS INC | 513,669 | $17.2M | shares |
| HANESBRANDS INCHANESBRANDS INC | 2,606,147 | $17.2M | shares |
| SSR Mining IncSSR Mining Inc | 12,000,000 | $17M | principal |
| AGOASSURED GUARANTY LTD | 200,000 | $16.9M | put |
| TYLER TEX INDPT SCH DISTTYLER TEX INDPT SCH DIST | 15,242,000 | $16.7M | principal |
| IEFISHARES TR | 170,000 | $16.4M | put |
| UECURANIUM ENERGY CORP | 1,222,623 | $16.3M | shares |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN | 10,000,000 | $16.2M | principal |
| SCCOSOUTHERN COPPER CORP | 132,700 | $16.1M | call |
| EWJISHARES INC | 200,000 | $16M | put |
| MRC GLOBAL INCMRC GLOBAL INC | 1,107,634 | $16M | shares |
| LNWOLIGHT & WONDER INC | 186,773 | $15.7M | shares |
| KSAISHARES TR | 385,110 | $15.6M | shares |
| IYZISHARES TR | 475,604 | $15.3M | shares |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC | 12,000,000 | $14.6M | principal |
| OKTA INCOKTA INC | 15,000,000 | $14.6M | principal |
| CLBTCELLEBRITE DI LTD | 741,267 | $13.7M | shares |
| BHPBHP BILLITON LIMITED | 243,373 | $13.6M | shares |
| MAC Copper LtdMAC Copper Ltd | 1,103,835 | $13.5M | shares |
| USA RARE EARTH INCUSA RARE EARTH INC | 1,850,000 | $13.4M | call |
| VISTVISTA ENERGY S.A.B. DE C.V. | 385,904 | $13.3M | shares |
| FIBKFIRST INTST BANCSYSTEM INC | 407,008 | $13M | shares |
| BHFBRIGHTHOUSE FINL INC | 237,000 | $12.6M | call |
| CNRCORE NATURAL RESOURCES INC | 150,000 | $12.5M | call |
| BOX INCBOX INC | 10,000,000 | $12.5M | principal |
| BLOOM ENERGY CORPBLOOM ENERGY CORP | 3,000,000 | $12.4M | principal |
| SCSSTEELCASE INC-CLASS A | 718,781 | $12.4M | shares |
| MIRMIRION TECHNOLOGIES INC | 521,021 | $12.1M | shares |
| CWSTCASELLA WASTE SYS INC | 119,691 | $11.4M | shares |
| INFORMATICA INCINFORMATICA INC | 447,539 | $11.1M | shares |
| 89BIO INC89BIO INC | 725,823 | $10.7M | shares |
How Q4 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 0001273087-26-000002 | base | 2026-02-17 | acceptance time not in the bulk data set |