Pacer Advisors, Inc.

13F filer, CIK 1616667, Malvern, PA

Pacer Advisors, Inc. reported $39,714,269,452 across 3,932 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-10-15. Its ten largest share positions make up 12.27% of the portfolio.

Filed 2025-10-15 (acceptance time not in the bulk data set), ingested 2026-10-07 03:02:25 UTC13F-HR 0000894189-25-011350

Period: 2025-09-30
Reported value: $39.7B
Holdings: 3,932
Top 10 weight: 12.27%
New: 696
Sold out: 189

Largest buys vs the previous quarter

Security	Shares change	Approx. value
AMATadded	+2,304,369	$472M
WBDadded	+22,308,046	$436M
UBERadded	+4,133,532	$405M
HCAadded	+896,437	$382M
GDadded	+845,482	$288M

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
JNJreduced	-2,632,092	-$488M
NKEreduced	-6,024,690	-$420M
MPCreduced	-1,974,794	-$381M
VLOreduced	-2,062,565	-$351M
UPSreduced	-3,884,101	-$324M

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 0000894189-25-011350, largest first. % of portfolio is the value over $39,032,068,275, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Latest event	Timeline
Open Text CorpOpen Text Corp	921	$34.4K	<0.01%	+518
Meridian Energy LtdMeridian Energy Ltd	10,610	$34.3K	<0.01%	-500
Hyundai Motor CoHyundai Motor Co	288	$34.2K	<0.01%	-25
SOUTH KOREA WONSOUTH KOREA WON	47,369,514	$33.8K	<0.01%	+43,368,114
Vend Marketplaces ASAVend Marketplaces ASA	1,000	$33.6K	<0.01%	new
Recordati Industria Chimica…Recordati Industria Chimica e Far…	550	$33.4K	<0.01%	-302
Suntory Beverage & Food LtdSuntory Beverage & Food Ltd	1,052	$32.9K	<0.01%	-45
Stora Enso OyjStora Enso Oyj	2,953	$32.4K	<0.01%	-210
Getlink SEGetlink SE	1,738	$32K	<0.01%	-148
Delivery Hero SEDelivery Hero SE	1,115	$32K	<0.01%	-114
Wistron CorpWistron Corp	6,902	$31.8K	<0.01%	+2,032
GLBEGLOBAL E ONLINE LTD	886	$31.7K	<0.01%	-1,136		Timeline
L E Lundbergforetagen ABL E Lundbergforetagen AB	610	$31.6K	<0.01%	-25
Knorr-Bremse AGKnorr-Bremse AG	336	$31.5K	<0.01%	-13
Mediobanca Banca di Credito…Mediobanca Banca di Credito Finan…	1,552	$31.4K	<0.01%	-1,572
SCOR SESCOR SE	880	$31K	<0.01%	-35
First International Bank Of…First International Bank Of Israe…	428	$30.6K	<0.01%	-20
IMCD NVIMCD NV	295	$30.5K	<0.01%	-21
Harel Insurance Investments…Harel Insurance Investments & Fin…	900	$30.3K	<0.01%	new
Azrieli Group LtdAzrieli Group Ltd	304	$30.2K	<0.01%	-10
LEG Immobilien SELEG Immobilien SE	377	$30K	<0.01%	-18
Kyowa Kirin Co LtdKyowa Kirin Co Ltd	1,922	$29.9K	<0.01%	-225
BioMerieuxBioMerieux	222	$29.7K	<0.01%	-11
POSCO Future M Co LtdPOSCO Future M Co Ltd	288	$29.5K	<0.01%	+18
SCREEN Holdings Co LtdSCREEN Holdings Co Ltd	318	$29K	<0.01%	+75
Edenred SEEdenred SE	1,216	$28.8K	<0.01%	-71
JDE Peet's NVJDE Peet's NV	787	$28.8K	<0.01%	-36
Merlin Properties Socimi SAMerlin Properties Socimi SA	1,908	$28.8K	<0.01%	-113
Syensqo SASyensqo SA	356	$28.7K	<0.01%	-16
Italgas SpAItalgas SpA	3,102	$28.5K	<0.01%	+49
ANDRITZ AGANDRITZ AG	405	$28.5K	<0.01%	-663
Sartorius Stedim BiotechSartorius Stedim Biotech	141	$28.5K	<0.01%	-7
ENVAENOVA INTL INC	247	$28.4K	<0.01%	new		Timeline
Kesko OyjKesko Oyj	1,337	$28.4K	<0.01%	-108
CTS Eventim AG & Co KGaACTS Eventim AG & Co KGaA	290	$28.4K	<0.01%	-26
Ackermans & van Haaren NVAckermans & van Haaren NV	108	$27.6K	<0.01%	-5
KION Group AGKION Group AG	402	$27.1K	<0.01%	-21
Investment AB LatourInvestment AB Latour	1,130	$26.8K	<0.01%	-50
Kawasaki Heavy Industries L…Kawasaki Heavy Industries Ltd	396	$26.2K	<0.01%	+114
Aeroports de Paris SAAeroports de Paris SA	198	$26.1K	<0.01%	-10
Gecina SAGecina SA	260	$26K	<0.01%	-20
Sodexo SASodexo SA	412	$25.9K	<0.01%	-26
VRTVERTIV HOLDINGS CO	171	$25.8K	<0.01%	+69		Timeline
Deutsche Lufthansa AGDeutsche Lufthansa AG	3,041	$25.7K	<0.01%	-168
Elia Group SA/NVElia Group SA/NV	223	$25.7K	<0.01%	-24
Var Energi ASAVar Energi ASA	7,676	$25.6K	<0.01%	-360
CAE IncCAE Inc	858	$25.4K	<0.01%	+503
Smiths Group PLCSmiths Group PLC	798	$25.3K	<0.01%	+443
Ebara CorpEbara Corp	1,094	$25K	<0.01%	+320
Acciona SAAcciona SA	122	$24.5K	<0.01%	-1
Toray Industries IncToray Industries Inc	3,775	$24.1K	<0.01%	-13,081
CAR Group LtdCAR Group Ltd	986	$24K	<0.01%	+431
Fuji Electric Co LtdFuji Electric Co Ltd	356	$23.9K	<0.01%	+101
Valmet OyjValmet Oyj	717	$23.8K	<0.01%	-37
Melisron LtdMelisron Ltd	197	$23.8K	<0.01%	-15
Ipsen SAIpsen SA	177	$23.6K	<0.01%	-1
Camtek Ltd/IsraelCamtek Ltd/Israel	224	$23.4K	<0.01%	-10
Amundi SAAmundi SA	295	$23.3K	<0.01%	-8
Randstad NVRandstad NV	549	$23.3K	<0.01%	-14
BT Group PLCBT Group PLC	8,938	$23K	<0.01%	+5,061
NMIHNMI HLDGS INC	582	$22.3K	<0.01%	new		Timeline
BFHBREAD FINANCIAL HOLDINGS INC	400	$22.3K	<0.01%	new		Timeline
Mapfre SAMapfre SA	4,636	$21.9K	<0.01%	-676
Banca Mediolanum SpABanca Mediolanum SpA	1,081	$21.6K	<0.01%	-71
MERCURY NZ LTDMERCURY NZ LTD	5,586	$21.6K	<0.01%	-260
Nissan Motor Co LtdNissan Motor Co Ltd	8,739	$21.5K	<0.01%	-16,193
Sofina SASofina SA	72	$21.2K	<0.01%	-4
Grifols SAGrifols SA	1,453	$21K	<0.01%	-156
Dai Nippon Printing Co LtdDai Nippon Printing Co Ltd	1,236	$21K	<0.01%	-3,595
Hyundai Motor CoHyundai Motor Co	179	$20.8K	<0.01%	-13
A2A SpAA2A SpA	7,921	$20.7K	<0.01%	-297
EDP Renewables SAEDP Renewables SA	1,574	$20.7K	<0.01%	-2,661
Informa PLCInforma PLC	1,660	$20.5K	<0.01%	-150
HOCHTIEF AGHOCHTIEF AG	76	$20.3K	<0.01%	-4
Vend Marketplaces ASAVend Marketplaces ASA	560	$19.9K	<0.01%	new
Rational AGRational AG	26	$19.8K	<0.01%	-3
Bollore SEBollore SE	3,489	$19.7K	<0.01%	-250
JUMBO SAJUMBO SA	571	$19.6K	<0.01%	-5
Sekisui Chemical Co LtdSekisui Chemical Co Ltd	1,047	$19.5K	<0.01%	+300
D'ieteren GroupD'ieteren Group	104	$19.4K	<0.01%	-8
Bechtle AGBechtle AG	416	$19.2K	<0.01%	-22
Strabag SEStrabag SE	210	$19.1K	<0.01%	new
Lotus Bakeries NVLotus Bakeries NV	2	$18.8K	<0.01%	0
Brunello Cucinelli SpABrunello Cucinelli SpA	172	$18.8K	<0.01%	-6
FDJ UNITEDFDJ UNITED	558	$18.7K	<0.01%	-22
CVC Capital Partners PLCCVC Capital Partners PLC	1,072	$18.7K	<0.01%	-57
Arkema SAArkema SA	294	$18.5K	<0.01%	-22
Logitech International SALogitech International SA	169	$18.4K	<0.01%	-121
CZECH KORUNACZECH KORUNA	381,934	$18.4K	<0.01%	new
Covivio SA/FranceCovivio SA/France	273	$18.3K	<0.01%	-20
CNRCORE NATURAL RESOURCES INC	216	$18K	<0.01%	new		Timeline
Davide Campari-Milano NVDavide Campari-Milano NV	2,839	$17.9K	<0.01%	-5,081
Ayvens SAAyvens SA	1,477	$17.8K	<0.01%	+303
TOPPAN Holdings IncTOPPAN Holdings Inc	692	$17.8K	<0.01%	+200
Telecom Italia SpA/MilanoTelecom Italia SpA/Milano	30,466	$17.6K	<0.01%	+5,407
SKYCHAMPION HOMES INC	229	$17.5K	<0.01%	new		Timeline
Hera SpAHera SpA	3,868	$17.4K	<0.01%	-213
Christian Dior SEChristian Dior SE	30	$17.4K	<0.01%	0
Nexi SpANexi SpA	3,034	$17.2K	<0.01%	+410
Interpump Group SpAInterpump Group SpA	368	$16.8K	<0.01%	-60
Menora Mivtachim Holdings L…Menora Mivtachim Holdings Ltd	170	$16.7K	<0.01%	new
Reply SpAReply SpA	114	$16.2K	<0.01%	-8
Bank of Cyprus Holdings PLCBank of Cyprus Holdings PLC	1,710	$16.2K	<0.01%	new
Fraport AG Frankfurt Airpor…Fraport AG Frankfurt Airport Serv…	185	$16K	<0.01%	-6
InPost SAInPost SA	1,290	$15.8K	<0.01%	+13
MARAMARA HOLDINGS INC	861	$15.7K	<0.01%	+89		Timeline
Public Power Corp SAPublic Power Corp SA	934	$15.4K	<0.01%	-106
CVCOCAVCO INDS INC DEL	26	$15.1K	<0.01%	new		Timeline
FUCHS SEFUCHS SE	333	$14.9K	<0.01%	-33
CTP NVCTP NV	648	$14.4K	<0.01%	+17
MEXICAN PESOMEXICAN PESO	254,480	$13.9K	<0.01%	new
IBPINSTALLED BLDG PRODS INC	55	$13.6K	<0.01%	new		Timeline
Eurazeo SEEurazeo SE	203	$13.4K	<0.01%	-11
Koninklijke Vopak NVKoninklijke Vopak NV	288	$13.2K	<0.01%	-15
Grifols SAGrifols SA	1,311	$13.2K	<0.01%	-68
SWATCH GROUP AG/THE-BRSWATCH GROUP AG/THE-BR	70	$13.1K	<0.01%	+20
VAT Group AGVAT Group AG	33	$13K	<0.01%	+13
OGNORGANON & CO	1,220	$13K	<0.01%	new		Timeline
Pirelli & C SpAPirelli & C SpA	1,894	$12.9K	<0.01%	-84
ECCEAGLE POINT CR CO	1,905	$12.6K	<0.01%	0		Timeline
EVTCEVERTEC INC	364	$12.3K	<0.01%	new		Timeline
MKTXMARKETAXESS HLDGS INC	70	$12.2K	<0.01%	-2,995		Timeline
MTLSMATERIALISE NV	2,180	$12.1K	<0.01%	+141		Timeline
ZOZO IncZOZO Inc	1,288	$11.8K	<0.01%	-338
Wendel SEWendel SE	123	$11.8K	<0.01%	-22
Sonova Holding AGSonova Holding AG	42	$11.4K	<0.01%	-2
Pearson PLCPearson PLC	778	$11.1K	<0.01%	new
ASOACADEMY SPORTS & OUTDOORS IN	208	$10.4K	<0.01%	new		Timeline
Traton SETraton SE	317	$10.2K	<0.01%	-22
Amplifon SpAAmplifon SpA	622	$10.1K	<0.01%	-66
DWS Group GmbH & Co KGaADWS Group GmbH & Co KGaA	158	$9.89K	<0.01%	-10
DiaSorin SpADiaSorin SpA	111	$9.84K	<0.01%	-1
SEB SASEB SA	133	$9.75K	<0.01%	-2
BCCBOISE CASCADE CO DEL	126	$9.74K	<0.01%	new		Timeline
Celestica IncCelestica Inc	39	$9.6K	<0.01%	+3
Motor Oil Hellas Corinth Re…Motor Oil Hellas Corinth Refineri…	316	$9.52K	<0.01%	+13
Pandora A/SPandora A/S	73	$9.51K	<0.01%	-47
MALAYSIAN RINGGITMALAYSIAN RINGGIT	39,744	$9.44K	<0.01%	new
GEK TERNA SAGEK TERNA SA	351	$9.21K	<0.01%	+35
Optima bank SAOptima bank SA	912	$9.04K	<0.01%	+563
BRCBRADY CORP	115	$8.97K	<0.01%	-2,401		Timeline
FELEFRANKLIN ELEC INC	92	$8.76K	<0.01%	new		Timeline
Carl Zeiss Meditec AGCarl Zeiss Meditec AG	176	$8.71K	<0.01%	-15
AUO CorpAUO Corp	19,118	$8.56K	<0.01%	+5,628
SHOOMADDEN STEVEN LTD	252	$8.44K	<0.01%	-394,465		Timeline
CRVLCORVEL CORP	106	$8.21K	<0.01%	new		Timeline
Hapag-Lloyd AGHapag-Lloyd AG	60	$7.9K	<0.01%	-55
HUNGARIAN FORINTHUNGARIAN FORINT	2,567,512	$7.73K	<0.01%	new
RTL Group SARTL Group SA	187	$7.67K	<0.01%	-4
Titan SATitan SA	184	$7.52K	<0.01%	-17
FF GroupFF Group	1,259	$7.09K	<0.01%	0
Fielmann Group AGFielmann Group AG	116	$7K	<0.01%	-19
IMI PLCIMI PLC	216	$6.65K	<0.01%	+12
Svenska Handelsbanken ABSvenska Handelsbanken AB	296	$6.6K	<0.01%	-10
Deutsche Wohnen SEDeutsche Wohnen SE	250	$6.36K	<0.01%	-10
NVMINOVA LTD	19	$6.07K	<0.01%	+1		Timeline
Yaskawa Electric CorpYaskawa Electric Corp	283	$6.05K	<0.01%	-2,302
LG Chem LtdLG Chem Ltd	61	$6.01K	<0.01%	-10
Konecranes OyjKonecranes Oyj	71	$5.86K	<0.01%	+4
Yokogawa Electric CorpYokogawa Electric Corp	203	$5.85K	<0.01%	+10
International Container Ter…International Container Terminal …	692	$5.61K	<0.01%	+70
BICO Group ABBICO Group AB	2,645	$5.57K	<0.01%	+125
Corp ACCIONA Energias Renov…Corp ACCIONA Energias Renovables …	206	$5.33K	<0.01%	-97
Samsung Fire & Marine Insur…Samsung Fire & Marine Insurance C…	20	$4.87K	<0.01%	0
PZZAPAPA JOHNS INTL INC	100	$4.82K	<0.01%	new		Timeline
FUCHS SEFUCHS SE	131	$4.68K	<0.01%	-27
DFINDONNELLEY FINL SOLUTIONS INC	90	$4.63K	<0.01%	new		Timeline
Omron CorpOmron Corp	166	$4.58K	<0.01%	+8
Athens International Airpor…Athens International Airport SA	374	$4.56K	<0.01%	-21
NAVINAVIENT CORPORATION	338	$4.45K	<0.01%	new		Timeline
CAMTCAMTEK LTD	42	$4.41K	<0.01%	+2		Timeline
Cenergy Holdings SACenergy Holdings SA	308	$4.41K	<0.01%	-18
PRGPROG HOLDINGS INC	136	$4.4K	<0.01%	new		Timeline
HELLENiQ ENERGY Holdings S.…HELLENiQ ENERGY Holdings S.A.	441	$4.37K	<0.01%	-56
WRLDWORLD ACCEP CORPORATION	25	$4.23K	<0.01%	new		Timeline
YMMFULL TRUCK ALLIANCE CO LTD	322	$4.18K	<0.01%	+26		Timeline
Amada Co LtdAmada Co Ltd	337	$4.15K	<0.01%	+17
ETORETORO GROUP LTD	100	$4.13K	<0.01%	new		Timeline
LG Electronics IncLG Electronics Inc	157	$4.1K	<0.01%	-3
Telekom Austria AGTelekom Austria AG	383	$4.09K	<0.01%	-776
ADNOC Logistics & ServicesADNOC Logistics & Services	2,536	$3.99K	<0.01%	+201
JAPANESE YENJAPANESE YEN	575,707	$3.89K	<0.01%	-48,306,252
ZTO Express Cayman IncZTO Express Cayman Inc	205	$3.89K	<0.01%	+19
Kokusai Electric CorpKokusai Electric Corp	134	$3.81K	<0.01%	+7
Azbil CorpAzbil Corp	393	$3.73K	<0.01%	+21
LAMDA Development SALAMDA Development SA	393	$3.58K	<0.01%	-35
J&T Global Express LtdJ&T Global Express Ltd	2,741	$3.44K	<0.01%	+211
Tokyo Seimitsu Co LtdTokyo Seimitsu Co Ltd	49	$3.34K	<0.01%	+3
Renishaw PLCRenishaw PLC	69	$3.32K	<0.01%	+4
Skandinaviska Enskilda Bank…Skandinaviska Enskilda Banken AB	168	$3.28K	<0.01%	-5
Aegean Airlines SAAegean Airlines SA	202	$3.17K	<0.01%	-12
Hyundai Glovis Co LtdHyundai Glovis Co Ltd	26	$3.06K	<0.01%	+7
OIIOCEANEERING INTL INC	122	$3.02K	<0.01%	+6		Timeline
Krones AGKrones AG	20	$2.91K	<0.01%	+1
TFI INTERNATIONAL INCTFI INTERNATIONAL INC	31	$2.73K	<0.01%	+3
China Merchants Port Holdin…China Merchants Port Holdings Co …	1,439	$2.69K	<0.01%	+112
Aktor SA Holding Company Te…Aktor SA Holding Company Technica…	264	$2.67K	<0.01%	-6
ATSATS CORPORATION	99	$2.59K	<0.01%	+6		Timeline
SINGAPORE DOLLARSINGAPORE DOLLAR	3,216	$2.49K	<0.01%	new
Hyundai Motor CoHyundai Motor Co	20	$2.33K	<0.01%	0
SG Holdings Co LtdSG Holdings Co Ltd	219	$2.27K	<0.01%	+17
SANMSANMINA CORP	19	$2.19K	<0.01%	+3		Timeline
APOGAPOGEE ENTERPRISES INC	50	$2.18K	<0.01%	-129,390		Timeline
SYMSYMBOTIC INC	39	$2.1K	<0.01%	+4		Timeline
Sarantis SASarantis SA	136	$2.07K	<0.01%	-22
Holding Co ADMIE IPTO SAHolding Co ADMIE IPTO SA	576	$2.06K	<0.01%	-33
NIPPON EXPRESS HOLDINGS INCNIPPON EXPRESS HOLDINGS INC	90	$2.05K	<0.01%	+7
Yamato Holdings Co LtdYamato Holdings Co Ltd	124	$1.99K	<0.01%	+10
HSTMHEALTHSTREAM INC	70	$1.98K	<0.01%	-4,504		Timeline
Ballys Intralot SABallys Intralot SA	1,308	$1.95K	<0.01%	-81
Rumo SARumo SA	636	$1.9K	<0.01%	+56
Viohalco SAViohalco SA	212	$1.85K	<0.01%	-12
CABOCABLE ONE INC	10	$1.77K	<0.01%	-47,663		Timeline
Piraeus Port Authority SAPiraeus Port Authority SA	33	$1.71K	<0.01%	-10
Qube Holdings LtdQube Holdings Ltd	606	$1.65K	<0.01%	+48
THRYTHRYV HLDGS INC	134	$1.62K	<0.01%	new		Timeline
Athens Water Supply & Sewag…Athens Water Supply & Sewage Co SA	210	$1.61K	<0.01%	-14
Logista Integral SALogista Integral SA	46	$1.56K	<0.01%	+4
Wallenius Wilhelmsen ASAWallenius Wilhelmsen ASA	145	$1.29K	<0.01%	+11
JBSSSANFILIPPO JOHN B & SON INC	20	$1.29K	<0.01%	new		Timeline
Autohellas Tourist and Trad…Autohellas Tourist and Trading SA	96	$1.28K	<0.01%	-3
Mainfreight LtdMainfreight Ltd	35	$1.28K	<0.01%	+3
Kardex Holding AGKardex Holding AG	3	$1.17K	<0.01%	+1
LG CorpLG Corp	26	$1.15K	<0.01%	new
Kamigumi Co LtdKamigumi Co Ltd	37	$1.12K	<0.01%	+3
Quest Holdings SAQuest Holdings SA	131	$1.12K	<0.01%	-14
Hiab OyjHiab Oyj	19	$1.11K	<0.01%	+2
Samsung SDI Co LtdSamsung SDI Co Ltd	12	$1.11K	<0.01%	new
MATXMATSON INC	11	$1.08K	<0.01%	-237,089		Timeline
AutoStore Holdings LtdAutoStore Holdings Ltd	1,175	$1.07K	<0.01%	+94
Mitsubishi Logistics CorpMitsubishi Logistics Corp	130	$1.07K	<0.01%	+10
Samsung C&T CorpSamsung C&T Corp	12	$1.05K	<0.01%	new
USNAUSANA HEALTH SCIENCES INC	38	$1.05K	<0.01%	-92,478		Timeline
Sankyu IncSankyu Inc	19	$1.04K	<0.01%	+2
Nikkon Holdings Co LtdNikkon Holdings Co Ltd	44	$1.02K	<0.01%	+4
COSCO SHIPPING Ports LtdCOSCO SHIPPING Ports Ltd	1,328	$971	<0.01%	+140
ARESARES MANAGEMENT CORPORATION	6	$959	<0.01%	+1		Timeline
ElvalHalcor SAElvalHalcor SA	280	$957	<0.01%	new
Seino Holdings Co LtdSeino Holdings Co Ltd	64	$945	<0.01%	+5
ID Logistics Group SACAID Logistics Group SACA	2	$944	<0.01%	0
SOUTH AFRICAN RANDSOUTH AFRICAN RAND	15,667	$907	<0.01%	0
ATS CorpATS Corp	34	$890	<0.01%	+3
RXORXO INC	56	$861	<0.01%	+4		Timeline
Senko Group Holdings Co LtdSenko Group Holdings Co Ltd	60	$826	<0.01%	+4
Kinross Gold CorpKinross Gold Corp	33	$819	<0.01%	+1
Santos Brasil Participacoes…Santos Brasil Participacoes SA	296	$802	<0.01%	+22
SOFISOFI TECHNOLOGIES INC	29	$766	<0.01%	new		Timeline
Kalmar OyjKalmar Oyj	19	$753	<0.01%	+2
SBLKSTAR BULK CARRIERS CORP.	40	$744	<0.01%	+3		Timeline
Mitsui-Soko Holdings Co LtdMitsui-Soko Holdings Co Ltd	26	$728	<0.01%	+2
Hoegh Autoliners ASAHoegh Autoliners ASA	65	$697	<0.01%	+5
SNDRSCHNEIDER NATIONAL INC	32	$677	<0.01%	+3		Timeline
LPLALPL FINL HLDGS INC	2	$665	<0.01%	0		Timeline
Sandoz Group AGSandoz Group AG	11	$652	<0.01%	0
FWONKLIBERTY MEDIA CORP DEL	6	$627	<0.01%	+1		Timeline
TS Lines LtdTS Lines Ltd	571	$627	<0.01%	+43
Transcoal Pacific Tbk PTTranscoal Pacific Tbk PT	1,714	$599	<0.01%	+137
Pacific Basin Shipping LtdPacific Basin Shipping Ltd	1,790	$577	<0.01%	+169
Sumitomo Warehouse Co Ltd/T…Sumitomo Warehouse Co Ltd/The	27	$569	<0.01%	+2
ARCBARCBEST CORP	8	$559	<0.01%	+1		Timeline
ZIMZIM INTEGRATED SHIPPING SERV	41	$556	<0.01%	+3		Timeline
WERNWERNER ENTERPRISES INC	21	$553	<0.01%	+1		Timeline
Clarkson PLCClarkson PLC	11	$543	<0.01%	+1
DACDANAOS CORPORATION	6	$539	<0.01%	0		Timeline
Teck Resources LtdTeck Resources Ltd	12	$526	<0.01%	-3,905
ANE Cayman IncANE Cayman Inc	403	$525	<0.01%	+33
Wilson Sons SAWilson Sons SA	152	$521	<0.01%	+14
AFRMAFFIRM HLDGS INC	7	$512	<0.01%	new		Timeline
Pan Ocean Co LtdPan Ocean Co Ltd	183	$503	<0.01%	+16
CMRECOSTAMARE INC	41	$488	<0.01%	+5		Timeline
CJ Logistics CorpCJ Logistics Corp	8	$480	<0.01%	+5
NEW ZEALAND DOLLARNEW ZEALAND DOLLAR	827	$479	<0.01%	new
Mitsubishi Logisnext Co LtdMitsubishi Logisnext Co Ltd	37	$455	<0.01%	+3
NMMNAVIOS MARITIME PARTNERS LP	10	$451	<0.01%	0		Timeline
Konoike Transport Co LtdKonoike Transport Co Ltd	20	$444	<0.01%	+2
Ellaktor SAEllaktor SA	267	$439	<0.01%	-171
TOSTTOAST INC	12	$438	<0.01%	0		Timeline
Tourmaline Oil CorpTourmaline Oil Corp	10	$431	<0.01%	+1
First Quantum Minerals LtdFirst Quantum Minerals Ltd	19	$430	<0.01%	+1
Cybozu IncCybozu Inc	18	$416	<0.01%	+1
CTT-Correios de Portugal SACTT-Correios de Portugal SA	46	$392	<0.01%	+2
Pan American Silver CorpPan American Silver Corp	10	$388	<0.01%	+1
SUISUN CMNTYS INC	3	$387	<0.01%	0		Timeline
Alamos Gold IncAlamos Gold Inc	11	$383	<0.01%	0
SFLSFL CORPORATION LTD	50	$377	<0.01%	+4		Timeline
Westshore Terminals Investm…Westshore Terminals Investment Co…	21	$376	<0.01%	+1
Rentokil Initial PLCRentokil Initial PLC	67	$339	<0.01%	+1
TWTRADEWEB MKTS INC	3	$333	<0.01%	0		Timeline
IOTSAMSARA INC	8	$298	<0.01%	+1		Timeline
MRTNMARTEN TRANS LTD	28	$298	<0.01%	+2		Timeline
ARC Resources LtdARC Resources Ltd	16	$292	<0.01%	+1
Taisei CorpTaisei Corp	4	$275	<0.01%	0
Lundin Mining CorpLundin Mining Corp	18	$269	<0.01%	0
Intertek Group PLCIntertek Group PLC	4	$254	<0.01%	0
Whitecap Resources IncWhitecap Resources Inc	33	$252	<0.01%	+1
CCL Industries IncCCL Industries Inc	4	$225	<0.01%	0
CRBGCOREBRIDGE FINL INC	7	$224	<0.01%	+1		Timeline
Daito Trust Construction Co…Daito Trust Construction Co Ltd	10	$219	<0.01%	+8
SNAPSNAP INC	28	$216	<0.01%	0		Timeline
Ivanhoe Mines LtdIvanhoe Mines Ltd	20	$212	<0.01%	+1
Lundin Gold IncLundin Gold Inc	3	$194	<0.01%	0
MINEBEA MITSUMI IncMINEBEA MITSUMI Inc	10	$189	<0.01%	+1
Yamaha Motor Co LtdYamaha Motor Co Ltd	24	$180	<0.01%	-8,930
AGC IncAGC Inc	5	$163	<0.01%	0
NTRANATERA INC	1	$161	<0.01%	-2		Timeline
Hulic Co LtdHulic Co Ltd	12	$131	<0.01%	0
SWEDISH KRONASWEDISH KRONA	1,074	$114	<0.01%	-3
MonotaRO Co LtdMonotaRO Co Ltd	7	$102	<0.01%	0
Isracard LtdIsracard Ltd	1	$3	<0.01%	0
Alrosa PJSCAlrosa PJSC	91,900	$0	0%	0	Value filed as zero, left out of ratios.
Severstal PAOSeverstal PAO	9,320	$0	0%	0	Value filed as zero, left out of ratios.
Severstal PAOSeverstal PAO	2,129	$0	0%	0	Value filed as zero, left out of ratios.
LUKOIL PJSCLUKOIL PJSC	2,652	$0	0%	0	Value filed as zero, left out of ratios.
Magnit PJSCMagnit PJSC	1,958	$0	0%	0	Value filed as zero, left out of ratios.
MAGNITOGORSK IRONMAGNITOGORSK IRON	2,458	$0	0%	0	Value filed as zero, left out of ratios.
Magnitogorsk Iron & Steel W…Magnitogorsk Iron & Steel Works P…	106,418	$0	0%	0	Value filed as zero, left out of ratios.
Surgutneftegas PAOSurgutneftegas PAO	477,461	$0	0%	0	Value filed as zero, left out of ratios.
ABIOMED INCABIOMED INC	64	$0	0%	0	Value filed as zero, left out of ratios.
Inter RAO UES PJSCInter RAO UES PJSC	1,901,988	$0	0%	0	Value filed as zero, left out of ratios.
Tatneft PJSCTatneft PJSC	3,600	$0	0%	0	Value filed as zero, left out of ratios.
CHILEAN PESOCHILEAN PESO	10	$0	0%	new	Value filed as zero, left out of ratios.
NEW TAIWAN DOLLARNEW TAIWAN DOLLAR	2	$0	0%	0	Value filed as zero, left out of ratios.
UAE DIRHAMUAE DIRHAM	1	$0	0%	0	Value filed as zero, left out of ratios.

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
SPY 03/31/2026 6.21 CSPY 03/31/2026 6.21 C Flex Option	call	1,440	$94.6M	-149
SPY 06/30/2026 6.86 CSPY 06/30/2026 6.86 C Flex Option	call	1,423	$93.5M	new
SPY 03/31/2026 6.15 CSPY 03/31/2026 6.15 C Flex Option	call	1,267	$83.2M	-58
SPY 12/31/2025 6.51 CSPY 12/31/2025 6.51 C Flex Option	call	1,265	$83.1M	-178
SPY 09/30/2025 6.37 CSPY 09/30/2025 6.37 C Flex Option	call	1,095	$72.2M	-497
SPY 12/31/2025 6.56 CSPY 12/31/2025 6.56 C Flex Option	call	775	$50.9M	-88
SPY 06/30/2026 6.8 CSPY 06/30/2026 6.8 C Flex Option	call	655	$43M	new
SPY 06/30/2026 6.92 CSPY 06/30/2026 6.92 C Flex Option	call	628	$41.1M	new
SPY 09/30/2025 6.31 CSPY 09/30/2025 6.31 C Flex Option	call	611	$40.3M	-36
SPY 12/31/2025 6.45 CSPY 12/31/2025 6.45 C Flex Option	call	509	$33.4M	-12
SPY 03/31/2026 6.27 CSPY 03/31/2026 6.27 C Flex Option	call	358	$23.5M	-26
SPY 09/30/2025 6.43 CSPY 09/30/2025 6.43 C Flex Option	call	233	$15.4M	-13
SPY 06/30/2026 617.91 PSPY 06/30/2026 617.91 P Flex Option	put	1,423	$2.71M	new
SPY 06/30/2026 617.85 PSPY 06/30/2026 617.85 P Flex Option	put	628	$1.2M	new
SPY 03/31/2026 559.45 PSPY 03/31/2026 559.45 P Flex Option	put	1,440	$1.03M	-149
SPY 06/30/2026 586.96 PSPY 06/30/2026 586.96 P Flex Option	put	655	$932K	new
SPY 03/31/2026 531.42 PSPY 03/31/2026 531.42 P Flex Option	put	1,267	$663K	-58
SPY 12/31/2025 586.14 PSPY 12/31/2025 586.14 P Flex Option	put	1,265	$551K	-178
SPY 12/31/2025 586.08 PSPY 12/31/2025 586.08 P Flex Option	put	775	$337K	-88
SPY 03/31/2026 559.39 PSPY 03/31/2026 559.39 P Flex Option	put	358	$255K	-26
SPY 12/31/2025 556.78 PSPY 12/31/2025 556.78 P Flex Option	put	509	$143K	-12
SPY 06/30/2026 370.71 PSPY 06/30/2026 370.71 P Flex Option	put	628	$124K	new
SPY 03/31/2026 335.63 PSPY 03/31/2026 335.63 P Flex Option	put	358	$32.4K	-26
SPY 12/31/2025 351.65 PSPY 12/31/2025 351.65 P Flex Option	put	775	$21K	-88
SPY 09/30/2025 344.26 PSPY 09/30/2025 344.26 P Flex Option	put	233	$0	-13
SPY 09/30/2025 545.07 PSPY 09/30/2025 545.07 P Flex Option	put	611	$0	-36
SPY 09/30/2025 573.76 PSPY 09/30/2025 573.76 P Flex Option	put	233	$0	-13
SPY 09/30/2025 573.82 PSPY 09/30/2025 573.82 P Flex Option	put	1,095	$0	-497

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 1,581. All 1,581

Security	Type	Amount	Value	Change
S&P 500 Annl Div Dec26S&P 500 Annl Div Dec26 Future - Index	principal	2,423	$48.4M	+331
S&P 500 Annl Div Dec27S&P 500 Annl Div Dec27 Future - Index	principal	2,423	$48M	+331
S&P 500 Annl Div Dec25S&P 500 Annl Div Dec25 Future - Index	principal	2,423	$47.8M	+331
United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond	principal	8,500,000	$8.36M	0
US TREASU NT 4.125 09/27UST…US TREASU NT 4.125 09/27UST NOTE … TREASURY	principal	8,000,000	$8.08M	0
United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond	principal	8,000,000	$8.05M	0
United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond	principal	8,000,000	$8.05M	0
United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond	principal	8,000,000	$8.03M	0
US TREASU NTUS TREASU NT FIX	principal	8,000,000	$8.01M	new
United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond	principal	8,000,000	$8.01M	+3,000,000
US TREASUR NT 3.5 09/26UST …US TREASUR NT 3.5 09/26UST NOTE D… TREASURY	principal	8,000,000	$7.98M	0
United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond	principal	8,000,000	$7.95M	0
KKR Apple Bidco T/L (02/25)KKR Apple Bidco T/L (02/25) Bank Loan	principal	6,949,297	$6.96M	+1,986,885
Quikrete Holdings T/L B1 (2…Quikrete Holdings T/L B1 (2/25) Bank Loan	principal	6,892,200	$6.9M	+1,987,708
Allied Universal (Universal…Allied Universal (Universal Servi… Bank Loan	principal	6,250,000	$6.28M	new
US TREASU NT 4.875 05/26UST…US TREASU NT 4.875 05/26UST NOTE … NOT	principal	6,000,000	$6.04M	new
US TREASU NT 4.625 02/26UST…US TREASU NT 4.625 02/26UST NOTE … NOT	principal	6,000,000	$6.02M	new
UKG IncUKG Inc Bank Loan	principal	5,945,000	$5.95M	+1,990,038
HUB International T/L B (1/…HUB International T/L B (1/25) Bank Loan	principal	5,676,261	$5.69M	+3,983,299
Applied Systems IncApplied Systems Inc Bank Loan	principal	5,465,088	$5.48M	+1,991,294
Barnes Group T/L BBarnes Group T/L B Bank Loan	principal	5,319,668	$5.33M	-13,332
SPX Flow 7/25 T/L Cov-LiteSPX Flow 7/25 T/L Cov-Lite Bank Loan	principal	5,272,617	$5.3M	new
1011778 BC ULC1011778 BC ULC Bank Loan	principal	5,265,760	$5.25M	-13,297
Graham Packaging T/L B (07/…Graham Packaging T/L B (07/24) - … Bank Loan	principal	5,146,301	$5.15M	0
CQP Holdco T/L (12/24) - Ta…CQP Holdco T/L (12/24) - Target Bank Loan	principal	5,140,914	$5.15M	-12,884
TRAVERSE MIDSTREAM PARTNERS…TRAVERSE MIDSTREAM PARTNERS T/L B Bank Loan	principal	5,078,274	$5.1M	+2,865,168
Ares XLIII CLO LtdAres XLIII CLO Ltd Collateralized Loan Obligation CLO	principal	5,000,000	$5.03M	0
Voya CLO 2020-2 LtdVoya CLO 2020-2 Ltd Collateralized Loan Obligation CLO	principal	5,000,000	$5.02M	0
Rad CLO 12 LtdRad CLO 12 Ltd Collateralized Loan Obligation CLO	principal	5,000,000	$5.02M	new
Wellington Management Clo 3…Wellington Management Clo 3 Ltd Collateralized Loan Obligation CLO	principal	5,000,000	$5.02M	0
Neuberger Berman Loan Advis…Neuberger Berman Loan Advisers CL… Collateralized Loan Obligation CLO	principal	5,000,000	$5.02M	new
Benefit Street Partners CLO…Benefit Street Partners CLO Ltd Collateralized Loan Obligation CLO	principal	5,000,000	$5.01M	0
BCPE Pequod Buyer T/L B (09…BCPE Pequod Buyer T/L B (09/24) Bank Loan	principal	4,992,500	$5.01M	+1,992,500
FCG Acquisitions (Flow Cont…FCG Acquisitions (Flow Control Gr… Bank Loan	principal	4,986,985	$5M	new
Polaris Newco LLCPolaris Newco LLC Bank Loan	principal	5,178,309	$5M	-13,450
Bleriot US Bidco IncBleriot US Bidco Inc Bank Loan	principal	4,987,406	$5M	new
Great Outdoors (Bass Pro Sh…Great Outdoors (Bass Pro Shops) T… Bank Loan	principal	4,975,000	$4.98M	-12,500
Fertitta Entertainment LLC/…Fertitta Entertainment LLC/NV Bank Loan	principal	4,974,293	$4.97M	-12,854
Chariot Buyer (Chamberlain)…Chariot Buyer (Chamberlain) T/L B Bank Loan	principal	4,959,092	$4.97M	new
Weber-Stephen Products LLCWeber-Stephen Products LLC Bank Loan	principal	5,000,000	$4.96M	new
Wec US Holdings LtdWec US Holdings Ltd Bank Loan	principal	4,952,481	$4.96M	-12,506
Asplundh Tree Expert LLCAsplundh Tree Expert LLC Bank Loan	principal	4,948,474	$4.95M	-12,508
Whatabrands/Whataburger (12…Whatabrands/Whataburger (12/24) T… Bank Loan	principal	4,940,074	$4.95M	-12,412
CoreLogic IncCoreLogic Inc Bank Loan	principal	4,936,001	$4.95M	-12,821
Madison IAQ LLCMadison IAQ LLC Bank Loan	principal	4,929,059	$4.94M	-12,803
Tempo Acquisition/Alight So…Tempo Acquisition/Alight Solution… Bank Loan	principal	5,027,078	$4.93M	+1,992,394
Apex Group Treasury T/L B (…Apex Group Treasury T/L B (2/25) Bank Loan	principal	5,000,000	$4.9M	new
ABRA Auto Body/Caliber Coll…ABRA Auto Body/Caliber Collision … Bank Loan	principal	4,789,304	$4.78M	-58,651
AthenaHealth Group IncAthenaHealth Group Inc Bank Loan	principal	4,779,613	$4.78M	-9,479
Medline Borrower T/L (3/24)Medline Borrower T/L (3/24) Bank Loan	principal	4,750,960	$4.75M	new
Arby's/Inspire Brands 12/24…Arby's/Inspire Brands 12/24 T/L B Bank Loan	principal	4,714,371	$4.72M	+3,988,130
Dynasty Acquisition T/L B-1…Dynasty Acquisition T/L B-1 (10/2… Bank Loan	principal	4,685,344	$4.69M	-11,773
SeaWorld Parks & Entertainm…SeaWorld Parks & Entertainment T/… Bank Loan	principal	4,661,837	$4.66M	-11,743
Savor Acquisition (Sauer Br…Savor Acquisition (Sauer Brands) … Bank Loan	principal	4,568,966	$4.6M	0
Regatta VI Funding LtdRegatta VI Funding Ltd Collateralized Loan Obligation CLO	principal	4,550,000	$4.57M	new
TK Elevator Midco (ThyssenK…TK Elevator Midco (ThyssenKrupp) … Bank Loan	principal	4,461,387	$4.48M	-11,182
Motion Finco SarlMotion Finco Sarl Bank Loan	principal	4,970,069	$4.48M	-12,456
Clark Equipment (Doosan Bob…Clark Equipment (Doosan Bobcat/Do… Bank Loan	principal	4,448,871	$4.46M	-11,235
Epicor Software CorpEpicor Software Corp Bank Loan	principal	4,402,383	$4.41M	-11,089
Emrld Borrower LPEmrld Borrower LP Bank Loan	principal	4,283,661	$4.28M	-10,872
Acrisure T/L B6 (12/24)Acrisure T/L B6 (12/24) Bank Loan	principal	4,228,141	$4.23M	-10,623
Titan Acquisition Ltd/CanadaTitan Acquisition Ltd/Canada Bank Loan	principal	4,187,592	$4.2M	-21,203
Chart Industries T/L BChart Industries T/L B Bank Loan	principal	4,061,329	$4.09M	-202,258
Golub Capital Partners CLO …Golub Capital Partners CLO 66B Ltd Collateralized Loan Obligation CLO	principal	4,000,000	$4.03M	0
Alterra Mountain (Intrawest…Alterra Mountain (Intrawest) T/L … Bank Loan	principal	4,000,000	$4.01M	new
Turquoise Topco T/L BTurquoise Topco T/L B Bank Loan	principal	4,000,000	$4.01M	new
BAUSCH AND LOMB 9/23 INCREM…BAUSCH AND LOMB 9/23 INCREMENTAL … Bank Loan	principal	4,001,356	$4.01M	-10,182
Filtration Group 7/25 TLFiltration Group 7/25 TL Bank Loan	principal	3,961,519	$3.98M	new
TransDigm IncTransDigm Inc Bank Loan	principal	3,964,975	$3.97M	-10,012
Roper Technologies/Indicor …Roper Technologies/Indicor (12/24… Bank Loan	principal	3,951,453	$3.96M	-9,928
Cedar Fair LPCedar Fair LP Bank Loan	principal	3,954,988	$3.94M	-9,987
Twitter Tranche B-1 (10/22 …Twitter Tranche B-1 (10/22 ) T/L Bank Loan	principal	4,000,000	$3.93M	new
Cube Industrials T/L B (Cir…Cube Industrials T/L B (Ciror) Bank Loan	principal	3,890,250	$3.91M	-9,750
US TREASU NT 4.625 02/35UST…US TREASU NT 4.625 02/35UST NOTE … FIX	principal	3,510,000	$3.65M	new
US TREASU NT 4.375 05/34UST…US TREASU NT 4.375 05/34UST NOTE … TREASURY	principal	3,510,000	$3.59M	new
US TREASUR NT 4.25 11/34UST…US TREASUR NT 4.25 11/34UST NOTE … TREASURY	principal	3,510,000	$3.55M	new
US TREASUR NT 4.25 05/35UST…US TREASUR NT 4.25 05/35UST NOTE … TREASURY	principal	3,510,000	$3.54M	new
US TREASUR NT 4 02/34UST NO…US TREASUR NT 4 02/34UST NOTE DUE… TREASURY	principal	3,510,000	$3.5M	new
Golden State Foods T/LGolden State Foods T/L Bank Loan	principal	3,475,076	$3.49M	+241,245
Crosby Worldwide (Kito Cros…Crosby Worldwide (Kito Crosby) T/… Bank Loan	principal	3,458,797	$3.48M	-8,734
Gates Global LLCGates Global LLC Bank Loan	principal	3,470,125	$3.47M	-766,573
US TREASU NT 3.875 08/34UST…US TREASU NT 3.875 08/34UST NOTE … TREASURY	principal	3,510,000	$3.46M	new
Core & Main(HD Supply Water…Core & Main(HD Supply Waterworks)… Bank Loan	principal	3,446,450	$3.45M	-8,681
Central Parent IncCentral Parent Inc Bank Loan	principal	3,970,006	$3.44M	-7,488
US TREASUR NT 4.5 11/33UST …US TREASUR NT 4.5 11/33UST NOTE D… TREASURY	principal	3,330,000	$3.44M	new
Barclays PLCBarclays PLC Corporate Bond - Foreign US$	principal	3,000,000	$3.18M	0
Avolon TLB Borrower 1 US LLCAvolon TLB Borrower 1 US LLC Bank Loan	principal	3,123,362	$3.13M	-7,848
US TREASU NT 3.875 08/33UST…US TREASU NT 3.875 08/33UST NOTE … NOT	principal	3,150,000	$3.12M	new
UBS Group AGUBS Group AG Corporate Bond - Foreign US$	principal	3,000,000	$3.09M	0
Aimco CLO 11 LtdAimco CLO 11 Ltd Collateralized Loan Obligation CLO	principal	3,000,000	$3.05M	0
Elmwood CLO V LtdElmwood CLO V Ltd Collateralized Loan Obligation CLO	principal	3,000,000	$3.04M	new
OHA Credit Funding 11 LtdOHA Credit Funding 11 Ltd Collateralized Loan Obligation CLO	principal	3,000,000	$3.04M	0
Magnetite XVII LtdMagnetite XVII Ltd Collateralized Loan Obligation CLO	principal	3,000,000	$3.03M	0
Elmwood CLO 24 LtdElmwood CLO 24 Ltd Collateralized Loan Obligation CLO	principal	3,000,000	$3.03M	0
Benefit Street Partners CLO…Benefit Street Partners CLO XXIII… Collateralized Loan Obligation CLO	principal	3,000,000	$3.03M	new
Twitter 2/25 Fixed T/LTwitter 2/25 Fixed T/L Bank Loan	principal	3,000,000	$3.01M	new
Neuberger Berman Loan Advis…Neuberger Berman Loan Advisers Cl… Collateralized Loan Obligation CLO	principal	3,000,000	$3.01M	0
CIFC Funding 2014-II-R LtdCIFC Funding 2014-II-R Ltd Collateralized Loan Obligation CLO	principal	3,000,000	$3.01M	0
Magnetite XXVI LtdMagnetite XXVI Ltd Collateralized Loan Obligation CLO	principal	3,000,000	$3.01M	0
Magnetite XLVIII LtdMagnetite XLVIII Ltd Collateralized Loan Obligation CLO	principal	3,000,000	$3.01M	new

Sold out in Q3 2025

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

The largest 100 of 189. All 189

Security	Shares before	Value before	Type
United States Treasury BillUnited States Treasury Bill	429,567,000	$426M	principal
SPY 06/30/2025 6.04 CSPY 06/30/2025 6.04 C	1,228	$75.1M	call
SPY 06/30/2025 5.99 CSPY 06/30/2025 5.99 C	610	$37.3M	call
GMS INCGMS INC	248,589	$27M	shares
RUSHARUSH ENTERPRISES INC	510,366	$26.3M	shares
NSITINSIGHT ENTERPRISES INC	176,892	$24.4M	shares
SPY 06/30/2025 6.1 CSPY 06/30/2025 6.1 C	390	$23.9M	call
KTBKONTOOR BRANDS INC	331,810	$21.9M	shares
ANSYS INCANSYS INC	62,163	$21.8M	shares
MGNIMAGNITE INC	791,819	$19.1M	shares
APLEAPPLE HOSPITALITY REIT INC	1,578,786	$18.4M	shares
SITIO ROYALTIES CORPSITIO ROYALTIES CORP	814,166	$15M	shares
UVVUNIVERSAL CORP VA MTNS BK EN	243,992	$14.2M	shares
PHINPHINIA INC	291,206	$13M	shares
EVERI HLDGS INCEVERI HLDGS INC	889,264	$12.7M	shares
AMRALPHA METALLURGICAL RESOUR I	112,375	$12.6M	shares
WKCWORLD KINECT CORPORATION	436,896	$12.4M	shares
MRC GLOBAL INCMRC GLOBAL INC	875,811	$12M	shares
PRMPERIMETER SOLUTIONS INC	796,754	$11.1M	shares
United States Treasury Note…United States Treasury Note/Bond	11,000,000	$11M	principal
LBRTLIBERTY ENERGY INC	904,122	$10.4M	shares
AGXARGAN INC	45,562	$10M	shares
BHEBENCHMARK ELECTRS INC	209,936	$8.15M	shares
SMART GLOBAL HLDGS INCSMART GLOBAL HLDGS INC	388,370	$7.69M	shares
CCCCCC INTELLIGENT SOLUTIONS HL	732,636	$6.89M	shares
UNITI GROUP INCUNITI GROUP INC	1,551,242	$6.7M	shares
TILEINTERFACE INC	306,252	$6.41M	shares
OMCLOMNICELL COM	204,676	$6.02M	shares
SCSSTEELCASE INC-CLASS A	555,685	$5.8M	shares
HSIIHEIDRICK & STRUGGLES INTL IN	126,220	$5.78M	shares
BMBLBUMBLE INC	833,714	$5.49M	shares
SPX Flow T/L B Cov-Lite (12…SPX Flow T/L B Cov-Lite (12/24)	5,272,617	$5.3M	principal
PLABPHOTRONICS INC	272,643	$5.13M	shares
Hyperion Refinance S.a.r.l.…Hyperion Refinance S.a.r.l. T/L B…	4,987,469	$5.01M	principal
Chariot Buyer LLCChariot Buyer LLC	4,969,355	$4.98M	principal
8th Avenue Food & Provision…8th Avenue Food & Provisions Inc	4,970,871	$4.97M	principal
Allied Universal Holdco LLCAllied Universal Holdco LLC	4,944,151	$4.97M	principal
DCHDAUCH CORP	1,208,112	$4.93M	shares
United States Treasury BillUnited States Treasury Bill	4,860,000	$4.83M	principal
Medline Borrower LPMedline Borrower LP	4,762,927	$4.77M	principal
Neuberger Berman Loan Advis…Neuberger Berman Loan Advisers CL…	4,507,189	$4.51M	principal
Dun & Bradstreet T/L B (11/…Dun & Bradstreet T/L B (11/24)	4,453,327	$4.45M	principal
United States Treasury BillUnited States Treasury Bill	4,000,000	$4M	principal
Filtration Group T/L B (1/2…Filtration Group T/L B (1/25)	3,971,782	$3.99M	principal
FIGSFIGS INC	674,613	$3.8M	shares
SHLSSHOALS TECHNOLOGIES GROUP IN	805,968	$3.43M	shares
HESS CORPHESS CORP	24,476	$3.39M	shares
ClubCorp Holdings IncClubCorp Holdings Inc	3,342,813	$3.35M	principal
CENTCENTRAL GARDEN & PET CO	94,732	$3.33M	shares
Deerfield Dakota Holding LLCDeerfield Dakota Holding LLC	2,931,078	$2.85M	principal
VIMEO INCVIMEO INC	643,171	$2.6M	shares
NFENEW FORTRESS ENERGY INC	768,941	$2.55M	shares
LQDTLIQUIDITY SVCS INC	107,762	$2.54M	shares
AIMCO CLO Series 2015-AAIMCO CLO Series 2015-A	2,500,000	$2.52M	principal
IBTAIBOTTA INC	67,814	$2.48M	shares
SKYTSKYWATER TECHNOLOGY INC	230,158	$2.26M	shares
TK Elevator Holdco GmbHTK Elevator Holdco GmbH	2,000,000	$2M	principal
AssuredPartners IncAssuredPartners Inc	1,980,000	$1.99M	principal
EWCZEUROPEAN WAX CTR INC	335,720	$1.89M	shares
FNKOFUNKO INC	373,836	$1.78M	shares
TransDigm IncTransDigm Inc	1,605,259	$1.61M	principal
Neuberger Berman Loan Advis…Neuberger Berman Loan Advisers CL…	1,500,000	$1.51M	principal
United Airlines T/L BUnited Airlines T/L B	1,495,447	$1.5M	principal
BRF SABRF SA	379,607	$1.41M	shares
JUNIPER NETWORKS INCJUNIPER NETWORKS INC	33,481	$1.34M	shares
Neuberger Berman Loan Advis…Neuberger Berman Loan Advisers CL…	1,200,000	$1.21M	principal
Carnival Corp 2028 T/L (01/…Carnival Corp 2028 T/L (01/25)	1,148,779	$1.15M	principal
CIFC Falcon 2020 LtdCIFC Falcon 2020 Ltd	1,000,000	$1.01M	principal
TCI-Flatiron CLO 2016-1 LtdTCI-Flatiron CLO 2016-1 Ltd	1,000,000	$1M	principal
WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INC	80,640	$926K	shares
Bausch plus Lomb CorpBausch plus Lomb Corp	859,294	$859K	principal
Flatiron CLO 32 Ltd. Prefer…Flatiron CLO 32 Ltd. Preferred	1,000,000	$849K	principal
PARAMOUNT GLOBALPARAMOUNT GLOBAL	47,938	$618K	shares
Sixth Street CLO XIX LtdSixth Street CLO XIX Ltd	500,000	$500K	principal
Rad CLO 12 LtdRad CLO 12 Ltd	500,000	$487K	principal
Intelsat Jackson Holdings SAIntelsat Jackson Holdings SA	375,000	$382K	principal
CPNGCOUPANG INC	11,303	$339K	shares
Altice France SAAltice France SA	315,000	$284K	principal
NSDQ 100 An Div InDec26NSDQ 100 An Div InDec26	16	$269K	principal
NSDQ 100 An Div InDec27NSDQ 100 An Div InDec27	16	$267K	principal
Radiate Holdco LLC / Radiat…Radiate Holdco LLC / Radiate Fina…	310,000	$265K	principal
SSE PLCSSE PLC	9,598	$241K	shares
Altice France SAAltice France SA	290,000	$241K	principal
AMRIZE LTDAMRIZE LTD	4,817	$240K	shares
NSDQ 100 An Div InDec25NSDQ 100 An Div InDec25	15	$231K	principal
CHS/Community Health System…CHS/Community Health Systems Inc	225,000	$221K	principal
Fortis Inc/CanadaFortis Inc/Canada	4,347	$208K	shares
Level 3 Financing IncLevel 3 Financing Inc	178,858	$205K	principal
Vistra Operations Co LLCVistra Operations Co LLC	205,000	$205K	principal
Saks Global Enterprises LLCSaks Global Enterprises LLC	415,000	$203K	principal
IPARINTERPARFUMS INC	1,488	$195K	shares
VIPER ENERGY INC-CL AVIPER ENERGY INC-CL A	5,090	$194K	shares
Univision Communications IncUnivision Communications Inc	190,000	$190K	principal
Zayo Group Holdings IncZayo Group Holdings Inc	185,000	$174K	principal
CHAMPIONX CORPORATIONCHAMPIONX CORPORATION	6,989	$174K	shares
Clarios Global LP / Clarios…Clarios Global LP / Clarios US Fi…	165,000	$166K	principal
Altice France SAAltice France SA	200,000	$166K	principal
Clear Channel Outdoor Holdi…Clear Channel Outdoor Holdings Inc	160,000	$158K	principal
Air CanadaAir Canada	150,000	$148K	principal
AMC Networks IncAMC Networks Inc	185,000	$148K	principal

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).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0000894189-25-011350	base		2025-10-15	acceptance time not in the bulk data set	2026-10-07 03:02:25 UTC