Opti Capital Management, LP
Follow13F filer, CIK 1738654, New York, NY
Opti Capital Management, LP reported $1,371,559,130 across 43 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 51.82% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000919574-26-001163
- Period
- 2025-12-31
- Reported value
- $1.37B
- Holdings
- 43
- Top 10 weight
- 51.82%
- New
- 14
- Sold out
- 15
Holdings, Q4 2025
Share positions as resolved from 13F-HR 0000919574-26-001163, largest first. % of portfolio is the value over $1,371,559,130, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|
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 | 137,500,000 | $127M | 0 |
| FASTLY INCFASTLY INC NOTE 7.750% 6/0 | principal | 89,646,000 | $100M | new |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1 | principal | 59,377,000 | $86.4M | -13,448,000 |
| TELADOC HEALTH INCTELADOC HEALTH INC NOTE 1.250% 6/0 | principal | 70,000,000 | $66.7M | 0 |
| SNAP INCSNAP INC NOTE 0.125% 3/0 | principal | 69,454,000 | $63.4M | +14,000,000 |
| BENTLEY SYS INCBENTLEY SYS INC NOTE 0.375% 7/0 | principal | 64,000,000 | $60.3M | +19,500,000 |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 55,000,000 | $54.5M | 0 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 58,000,000 | $53.6M | new |
| TRANSMEDICS GROUP INCTRANSMEDICS GROUP INC NOTE 1.500% 6/0 | principal | 35,000,000 | $52.5M | +5,000,000 |
| RAPID7 INCRAPID7 INC NOTE 0.250% 3/1 | principal | 48,250,000 | $45.9M | -2,500,000 |
| MARA HOLDINGS INCMARA HOLDINGS INC NOTE 6/0 | principal | 51,088,000 | $43.1M | new |
| BLACKLINE INCBLACKLINE INC NOTE 1.000% 6/0 | principal | 34,940,000 | $37M | new |
| WORKIVA INCWORKIVA INC NOTE 1.250% 8/1 | principal | 34,000,000 | $33.8M | +3,227,000 |
| DRAFTKINGS INC NEWDRAFTKINGS INC NEW CNV | principal | 34,750,000 | $31.9M | +13,000,000 |
| ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 | principal | 20,000,000 | $31.1M | new |
| BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC NOTE 1.250% 5/1 | principal | 32,058,000 | $30.9M | 0 |
| TripAdvisor IncTripAdvisor Inc CONV | principal | 30,000,000 | $29.6M | 0 |
| CONFLUENT INCCONFLUENT INC NOTE 1/1 | principal | 30,000,000 | $29.2M | new |
| ETSY INCETSY INC NOTE 0.125% 9/0 | principal | 30,000,000 | $27.8M | 0 |
| BILL HOLDINGS INCBILL HOLDINGS INC NOTE 4/0 | principal | 30,000,000 | $27.7M | new |
| FIVE9 INCFIVE9 INC CNV | principal | 30,000,000 | $27.1M | +21,205,000 |
| VARONIS SYS INCVARONIS SYS INC NOTE 1.000% 9/1 | principal | 28,668,000 | $26.7M | new |
| PAR TECHNOLOGY CORPPAR TECHNOLOGY CORP NOTE 1.500%10/1 | principal | 24,500,000 | $24M | -7,500,000 |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. NOTE 0.750% 6/0 | principal | 24,168,000 | $23.7M | +17,225,000 |
| ADVANCED ENERGY INDSADVANCED ENERGY INDS NOTE 2.500% 9/1 | principal | 14,338,000 | $23.6M | new |
| BANDWIDTH INCBANDWIDTH INC NOTE 0.500% 4/0 | principal | 24,500,000 | $21.5M | +4,500,000 |
| DAYFORCE INCDAYFORCE INC NOTE 0.250% 3/1 | principal | 21,500,000 | $21.3M | 0 |
| VAIL RESORTS INCVAIL RESORTS INC NOTE 1/0 | principal | 20,445,000 | $20.4M | 0 |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION NOTE 1.750% 8/1 | principal | 21,000,000 | $20.2M | 0 |
| CONMED CORPCONMED CORP NOTE 2.250% 6/1 | principal | 20,000,000 | $19.2M | 0 |
| WORLD KINECT CORPORATIONWORLD KINECT CORPORATION Convertible | principal | 16,750,000 | $17.7M | new |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP NOTE 1.000% 4/1 | principal | 17,327,000 | $17.3M | 0 |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 1/1 | principal | 17,000,000 | $17M | 0 |
| BOX INCBOX INC NOTE 1.500% 9/1 | principal | 12,500,000 | $12.2M | +2,500,000 |
| LCI INDSLCI INDS NOTE 1.125% 5/1 | principal | 9,152,000 | $9.08M | 0 |
| FASTLY INCFASTLY INC NOTE 3/1 | principal | 7,432,000 | $7.39M | -38,340,000 |
| SHAKE SHACK INCSHAKE SHACK INC NOTE 3/0 | principal | 7,000,000 | $6.62M | new |
| SNAP INCSNAP INC NOTE 5/0 | principal | 5,500,000 | $5.17M | 0 |
| NUTANIX INCNUTANIX INC NOTE 0.500%12/1 | principal | 5,000,000 | $4.83M | new |
| ENOVIS CORPORATIONENOVIS CORPORATION NOTE 3.875%10/1 | principal | 4,500,000 | $4.41M | new |
| ETSY INCETSY INC NOTE 0.250% 6/1 | principal | 4,809,000 | $4.3M | 0 |
| SEA LTDSEA LTD NOTE 0.250% 9/1 | principal | 2,500,000 | $2.43M | -59,062,000 |
| REPLIGEN CORPREPLIGEN CORP NOTE 1.000%12/1 | principal | 2,181,000 | $2.4M | new |
Sold out in Q4 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN | 43,371,000 | $125M | principal |
| INTERDIGITAL INCINTERDIGITAL INC | 24,500,000 | $110M | principal |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC | 73,000,000 | $83.8M | principal |
| NOVOCURE LTDNOVOCURE LTD | 74,846,000 | $74.5M | principal |
| WESTERN DIGITAL CORPWESTERN DIGITAL CORP | 11,000,000 | $35.3M | principal |
| EXACT SCIENCES CORPEXACT SCIENCES CORP | 35,500,000 | $34.2M | principal |
| ITRON INCITRON INC | 28,500,000 | $32.8M | principal |
| ASCENDIS PHARMA A/SASCENDIS PHARMA A/S | 21,000,000 | $28.7M | principal |
| GUARDANT HEALTH INCGUARDANT HEALTH INC | 27,388,000 | $26.5M | principal |
| FIVERR INTL LTDFIVERR INTL LTD | 22,476,000 | $22.4M | principal |
| UPWORK INCUPWORK INC | 22,500,000 | $21.8M | principal |
| IMPINJ INCIMPINJ INC | 3,710,000 | $6.21M | principal |
| NUTANIX INCNUTANIX INC | 2,500,000 | $3.45M | principal |
| EXACT SCIENCES CORPEXACT SCIENCES CORP | 2,000,000 | $1.86M | principal |
| SEMTECH CORPSEMTECH CORP | 720,000 | $1.42M | principal |
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 0000919574-26-001163 | base | 2026-02-17 | acceptance time not in the bulk data set |