Opti Capital Management, LP
Follow13F filer, CIK 1738654, New York, NY
Opti Capital Management, LP reported $1,634,089,368 across 53 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-15. Its ten largest share positions make up 46.31% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000919574-25-003227
- Period
- 2025-03-31
- Reported value
- $1.63B
- Holdings
- 53
- Top 10 weight
- 46.31%
- New
- 11
- Sold out
- 24
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| ITGRnew | +28,832 | $3.4M |
| GOSSadded | +231,833 | $255K |
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 |
|---|---|---|
| KARYOPHARM THERAPEUTICS INCexited | -125,000 | -$84.5K |
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 0000919574-25-003227, largest first. % of portfolio is the value over $1,634,089,368, the sum of the share positions whose value is usable for ratios (method).
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 |
|---|---|---|---|---|
| BLOCK INCBLOCK INC NOTE 0.250%11/0 | principal | 146,000,000 | $129M | -4,500,000 |
| TELADOC HEALTH INCTELADOC HEALTH INC NOTE 1.250% 6/0 | principal | 127,720,000 | $117M | +44,661,000 |
| INTERDIGITAL INCINTERDIGITAL INC NOTE 3.500% 6/0 | principal | 32,000,000 | $86.1M | +3,000,000 |
| NOVOCURE LTDNOVOCURE LTD NOTE 11/0 | principal | 74,846,000 | $72.4M | 0 |
| SNAP INCSNAP INC NOTE 0.125% 3/0 | principal | 77,133,000 | $65.6M | +47,908,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500%12/1 | principal | 61,500,000 | $63.9M | +1,500,000 |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 0.250% 3/0 | principal | 60,000,000 | $63.8M | +34,750,000 |
| FIVE9 INCFIVE9 INC NOTE 0.500% 6/0 | principal | 62,115,000 | $61.6M | 0 |
| CONMED CORPCONMED CORP NOTE 2.250% 6/1 | principal | 52,000,000 | $49.1M | +16,000,000 |
| RAPID7 INCRAPID7 INC NOTE 0.250% 3/1 | principal | 51,750,000 | $47.7M | +4,250,000 |
| 3D SYS CORP DEL3D SYS CORP DEL NOTE 11/1 | principal | 51,309,000 | $46.9M | +13,625,000 |
| NOVA LTDNOVA LTD BOND | principal | 18,127,000 | $44.7M | 0 |
| NICE LTDNICE LTD NOTE 9/1 | principal | 44,142,000 | $43.1M | 0 |
| XOMETRY INCXOMETRY INC NOTE 1.000% 2/0 | principal | 44,000,000 | $43M | +12,000,000 |
| SAREPTA THERAPEUTICS INCSAREPTA THERAPEUTICS INC NOTE 1.250% 9/1 | principal | 45,877,000 | $43M | new |
| FASTLY INCFASTLY INC NOTE 3/1 | principal | 42,772,000 | $40.5M | +3,700,000 |
| TYLER TEX INDPT SCH DISTTYLER TEX INDPT SCH DIST NOTE 0.250% 3/1 | principal | 29,285,000 | $35.8M | 0 |
| Dynavax Technologies Corp.Dynavax Technologies Corp. CCB | principal | 24,625,000 | $33M | +22,275,000 |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP NOTE 1.000% 4/1 | principal | 30,126,000 | $32.3M | 0 |
| IMPINJ INCIMPINJ INC NOTE 1.125% 5/1 | principal | 27,283,000 | $31M | 0 |
| TripAdvisor IncTripAdvisor Inc CONV | principal | 30,000,000 | $28.8M | -9,921,000 |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION NOTE 1.750% 8/1 | principal | 31,000,000 | $28M | 0 |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC NOTE 2.500% 3/1 | principal | 22,949,000 | $26.2M | new |
| 8X8 INC NEW8X8 INC NEW NOTE 4.000% 2/0 | principal | 29,666,000 | $25.6M | +9,441,000 |
| CYTOKINETICS INCCYTOKINETICS INC NOTE 3.500% 7/0 | principal | 22,151,000 | $25.5M | new |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/1 | principal | 25,000,000 | $23.2M | new |
| BENTLEY SYSTEMS INCBENTLEY SYSTEMS INC NOTE 0.125% 1/1 | principal | 22,500,000 | $21.9M | -7,500,000 |
| FIVERR INTL LTDFIVERR INTL LTD NOTE 11/0 | principal | 22,476,000 | $21.8M | 0 |
| UPWORK INCUPWORK INC NOTE 0.250% 8/1 | principal | 22,500,000 | $21.1M | 0 |
| HEALTH CATALYST INCHEALTH CATALYST INC BOND | principal | 21,039,000 | $21M | 0 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/0 | principal | 23,000,000 | $20.4M | -7,000,000 |
| VAIL RESORTS INCVAIL RESORTS INC NOTE 1/0 | principal | 20,445,000 | $19.7M | 0 |
| PACIRA BIOSCIENCES INCPACIRA BIOSCIENCES INC NOTE 0.750% 8/0 | principal | 18,684,000 | $18.4M | 0 |
| WIX COM LTDWIX COM LTD NOTE 8/1 | principal | 17,635,000 | $17.3M | 0 |
| OMNICELL COMOMNICELL COM NOTE 0.250% 9/1 | principal | 17,565,000 | $17.2M | +3,000,000 |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 1/1 | principal | 17,000,000 | $16.3M | -21,500,000 |
| DAYFORCE INCDAYFORCE INC NOTE 0.250% 3/1 | principal | 16,500,000 | $15.8M | -20,287,000 |
| LIVEPERSON INCLIVEPERSON INC NOTE 12/1 | principal | 34,850,000 | $15.7M | +1,300,000 |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 15,000,000 | $14.3M | new |
| BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC NOTE 1.250% 5/1 | principal | 13,733,000 | $13M | 0 |
| NEOGENOMICS INCNEOGENOMICS INC NOTE 0.250% 1/1 | principal | 14,322,000 | $12.4M | new |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 13,861,000 | $11.8M | +8,500,000 |
| BANDWIDTH INCBANDWIDTH INC NOTE 0.500% 4/0 | principal | 11,500,000 | $9.4M | new |
| LIVONGO HEALTH INCLIVONGO HEALTH INC NOTE 0.875% 6/0 | principal | 9,100,000 | $9.05M | 0 |
| LCI INDSLCI INDS NOTE 1.125% 5/1 | principal | 9,152,000 | $8.89M | -29,128,000 |
| VEECO INSTRS INC DELVEECO INSTRS INC DEL BOND | principal | 3,383,000 | $5.05M | 0 |
| CERENCE INCCERENCE INC NOTE 1.500% 7/0 | principal | 5,896,000 | $4.17M | new |
| FIVE9 INCFIVE9 INC CNV | principal | 3,500,000 | $2.99M | new |
| ETSY INCETSY INC NOTE 0.125% 9/0 | principal | 2,500,000 | $2.21M | new |
| GUARDANT HEALTH INCGUARDANT HEALTH INC NOTE 11/1 | principal | 2,500,000 | $2.21M | -38,500,000 |
| TPI COMPOSITES INCTPI COMPOSITES INC FIXED | principal | 4,725,000 | $765K | +1,725,000 |
Sold out in Q1 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| AXON ENTERPRISE INCAXON ENTERPRISE INC | 57,230,000 | $149M | principal |
| SNAP INCSNAP INC | 152,021,000 | $132M | principal |
| UNITY SOFTWARE INCUNITY SOFTWARE INC | 125,949,000 | $115M | principal |
| BOOKING HOLDINGS INCBOOKING HOLDINGS INC | 39,526,000 | $105M | principal |
| INSMED INCINSMED INC | 36,217,000 | $78.8M | principal |
| INFINERA CORPINFINERA CORP | 50,250,000 | $59.3M | principal |
| NUVASIVE INCNUVASIVE INC | 46,830,000 | $46.3M | principal |
| EURONET WORLDWIDE INCEURONET WORLDWIDE INC | 38,939,000 | $38.6M | principal |
| SEMTECH CORPSEMTECH CORP | 18,000,000 | $31.9M | principal |
| DATADOG INCDATADOG INC | 13,807,000 | $21.4M | principal |
| MACOM TECH SOLUTIONS HLDGS IMACOM TECH SOLUTIONS HLDGS I | 9,629,000 | $15.4M | principal |
| PEGASYSTEMS INCPEGASYSTEMS INC | 10,000,000 | $9.92M | principal |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC | 10,000,000 | $8.97M | principal |
| DEXCOM INCDEXCOM INC | 9,500,000 | $8.54M | principal |
| ACCOLADE INCACCOLADE INC | 8,730,000 | $8.25M | principal |
| VERINT SYSTEMS INCVERINT SYSTEMS INC | 8,370,000 | $7.92M | principal |
| JAMF HLDG CORPJAMF HLDG CORP | 7,700,000 | $7.12M | principal |
| COMMERCE.COM INCCOMMERCE.COM INC | 4,500,000 | $4.04M | principal |
| BANDWIDTH INCBANDWIDTH INC | 3,285,000 | $3.06M | principal |
| CUTERA INCCUTERA INC | 13,700,000 | $2.53M | principal |
| JBT MAREL CORPORATIONJBT MAREL CORPORATION | 2,500,000 | $2.49M | principal |
| CUTERA INCCUTERA INC | 2,550,000 | $994K | principal |
| BILL HOLDINGS INCBILL HOLDINGS INC | 192,000 | $171K | principal |
| KARYOPHARM THERAPEUTICS INCKARYOPHARM THERAPEUTICS INC | 125,000 | $84.5K | 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 0000919574-25-003227 | base | 2025-05-15 | acceptance time not in the bulk data set |