READYSTATE ASSET MANAGEMENT LP

13F filer, CIK 1900923, CHICAGO, IL

READYSTATE ASSET MANAGEMENT LP reported $2,346,215,512 across 355 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-07. Its ten largest share positions make up 29.58% of the portfolio.

Filed 2025-11-07 (acceptance time not in the bulk data set), ingested 2026-10-07 03:02:25 UTC13F-HR 0001214659-25-016078

Period: 2025-09-30
Reported value: $2.35B
Holdings: 355
Top 10 weight: 29.58%
New: 157
Sold out: 393

Largest buys vs the previous quarter

Security	Shares change	Approx. value
CYBERARK SOFTWARE LTD/ISRAELnew	+112,775	$54.5M
LQDadded	+363,363	$40.5M
WKnew	+371,224	$32M
TXNMnew	+456,446	$25.8M
VERONA PHARMA PLCadded	+207,265	$22.1M

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
HYGexited	-967,815	-$78.1M
HSYexited	-440,026	-$73M
BLUEPRINT MEDICINES CORPexited	-329,831	-$42.3M
JUNIPER NETWORKS INCexited	-886,966	-$35.4M
ANSYS INCexited	-78,590	-$27.6M

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 0001214659-25-016078, largest first. % of portfolio is the value over $2,053,295,595, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
LQDISHARES TR	548,421	$61.1M	2.98%	+363,363	Timeline
CYBERARK SOFTWARE LTD/ISRAELCYBERARK SOFTWARE LTD/ISRAEL	112,775	$54.5M	2.65%	new
EXASEXACT SCIENCES CORP	869,915	$47.6M	2.32%	-30,316	Timeline
WKWORKIVA INC	371,224	$32M	1.56%	new	Timeline
VERONA PHARMA PLCVERONA PHARMA PLC	262,265	$28M	1.36%	+207,265
TXNMTXNM ENERGY INC	456,446	$25.8M	1.26%	new	Timeline
JANXJANUX THERAPEUTICS INC	960,379	$23.5M	1.14%	+264,423	Timeline
EMBISHARES TR	238,830	$22.7M	1.11%	+131,771	Timeline
SPRSPIRIT AEROSYSTEMS HLDGS INC	588,519	$22.7M	1.11%	+7,519	Timeline
MERUS N VMERUS N V	238,696	$22.5M	1.09%	+160,196
LBRDKLIBERTY BROADBAND CORP	338,012	$21.5M	1.05%	+100,596	Timeline
MR COOPER GROUP INCMR COOPER GROUP INC	87,000	$18.3M	0.89%	new
CZRCAESARS ENTERTAINMENT INC NE	607,441	$16.4M	0.8%	+11,972	Timeline
TWLOTWILIO INC	160,205	$16M	0.78%	-85,863	Timeline
PDPAGERDUTY INC	965,268	$15.9M	0.78%	new	Timeline
CLWCLEARWATER PAPER CORP	762,138	$15.8M	0.77%	+122,688	Timeline
IMNMIMMUNOME INC	1,318,290	$15.4M	0.75%	-35,296	Timeline
GTGOODYEAR TIRE & RUBR CO	1,871,597	$14M	0.68%	+960,440	Timeline
SLNOSOLENO THERAPEUTICS INC	205,807	$13.9M	0.68%	-187,002	Timeline
VRNSVARONIS SYS INC	238,921	$13.7M	0.67%	new	Timeline
NTRANATERA INC	79,155	$12.7M	0.62%	new	Timeline
KRYSKRYSTAL BIOTECH INC	70,349	$12.4M	0.6%	-77,631	Timeline
XRTSPDR SERIES TRUST	143,625	$12.4M	0.6%	+100,425	Timeline
Surmodics IncSurmodics Inc	383,016	$11.4M	0.56%	-50,596
AKROAKERO THERAPEUTICS INC	237,908	$11.3M	0.55%	-403,015	Timeline
REPLREPLIMUNE GROUP INC	2,621,012	$11M	0.53%	+2,433,292	Timeline
TIGOMILLICOM INTL CELLULAR S A	210,526	$10.2M	0.5%	new	Timeline
TIPISHARES TR	90,000	$10M	0.49%	new	Timeline
BINCBLACKROCK ETF TRUST II	187,500	$9.98M	0.49%	new	Timeline
XLFSELECT SECTOR SPDR TR	180,000	$9.7M	0.47%	new	Timeline
OGNORGANON & CO	901,709	$9.63M	0.47%	-95,256	Timeline
SIRISIRIUSXM HOLDINGS INC	399,560	$9.3M	0.45%	+7,572	Timeline
SNAPSNAP INC	1,150,906	$8.87M	0.43%	new	Timeline
VGVENTURE GLOBAL INC	555,050	$7.88M	0.38%	+395,949	Timeline
CYTKCYTOKINETICS INC	142,482	$7.83M	0.38%	+10,264	Timeline
IEFISHARES TR	76,000	$7.33M	0.36%	new	Timeline
BILLBILL HOLDINGS INC	130,516	$6.91M	0.34%	new	Timeline
MERCMERCER INTL INC	2,369,685	$6.82M	0.33%	-53,790	Timeline
MKSIMKS INC.	55,079	$6.82M	0.33%	-9,073	Timeline
TDUPTHREDUP INC	716,512	$6.77M	0.33%	+37,781	Timeline
GPCRSTRUCTURE THERAPEUTICS INC	237,188	$6.64M	0.32%	+58,576	Timeline
BABAALIBABA GROUP HLDG LTD	37,095	$6.63M	0.32%	new	Timeline
SVCSERVICE PPTYS TR	2,277,834	$6.17M	0.3%	-423,291	Timeline
BBIOBRIDGEBIO PHARMA INC	117,379	$6.1M	0.3%	-123,504	Timeline
AMBAAMBARELLA INC	72,945	$6.02M	0.29%	new	Timeline
MUBISHARES TR	56,160	$5.98M	0.29%	new	Timeline
PRAXPRAXIS PRECISION MEDICINES I	109,177	$5.79M	0.28%	new	Timeline
INBXINHIBRX BIOSCIENCES INC	170,158	$5.73M	0.28%	+143,324	Timeline
USALIBERTY ALL STAR EQUITY FD	898,123	$5.69M	0.28%	+258,804	Timeline
BHVNBIOHAVEN LTD	377,119	$5.66M	0.28%	+46,587	Timeline
CCOCLEAR CHANNEL OUTDOOR HLDGS	3,569,163	$5.64M	0.27%	-1,889,301	Timeline
CLFCLEVELAND-CLIFFS INC NEW	454,213	$5.54M	0.27%	+411,438	Timeline
APLSAPELLIS PHARMACEUTICALS INC	241,977	$5.48M	0.27%	new	Timeline
XLISELECT SECTOR SPDR TR	33,000	$5.09M	0.25%	+11,430	Timeline
WHRWHIRLPOOL CORP	62,750	$4.93M	0.24%	+59,128	Timeline
MMACYS INC	265,668	$4.76M	0.23%	-489,814	Timeline
VTVANGUARD INTL EQUITY INDEX F	34,330	$4.73M	0.23%	+8,547	Timeline
SPYINEOS ETF TRUST	89,408	$4.68M	0.23%	-9,088	Timeline
TENBTENABLE HLDGS INC	157,295	$4.59M	0.22%	new	Timeline
HOLXHOLOGIC INC	61,652	$4.16M	0.2%	new	Timeline
GPNGLOBAL PMTS INC	44,597	$3.71M	0.18%	+2,213	Timeline
ACCOACCO BRANDS CORP	927,332	$3.7M	0.18%	-161,382	Timeline
BMEZBLACKROCK HEALTH SCIENCES TE	247,074	$3.56M	0.17%	+214,761	Timeline
ZIMVIE INCZIMVIE INC	187,978	$3.56M	0.17%	new
EVACUEQV VENTURES AC CORP. II	348,140	$3.48M	0.17%	new	Timeline
DLYDOUBLELINE YIELD OPPORTUNITI	227,532	$3.43M	0.17%	+148,639	Timeline
HLFHERBALIFE LTD	395,881	$3.34M	0.16%	+107,043	Timeline
CEPFCANTOR EQUITY PARTNERS IV IN	310,001	$3.16M	0.15%	new	Timeline
SFDSMITHFIELD FOODS INC	132,300	$3.11M	0.15%	-77,633	Timeline
ASNDASCENDIS PHARMA A/S	15,570	$3.1M	0.15%	-85,347	Timeline
BLUWUBLUE WTR ACQUISITION CORP. I	301,200	$3.04M	0.15%	0	Timeline
SJNKSPDR SERIES TRUST	118,414	$3.03M	0.15%	-3,896	Timeline
BITBLACKROCK MULTI SECTOR INC T	226,274	$3.03M	0.15%	new	Timeline
GTESGATES INDL CORP PLC	118,761	$2.95M	0.14%	new	Timeline
HYTBLACKROCK CORPOR HI YLD FD I	309,263	$2.94M	0.14%	+269,189	Timeline
CIVICIVITAS RESOURCES INC	88,844	$2.89M	0.14%	+2,002	Timeline
CYRXCRYOPORT INC	304,529	$2.89M	0.14%	-180,605	Timeline
ELVRELEVRA LITHIUM LTD	118,308	$2.84M	0.14%	new	Timeline
GTENGORES HLDGS X INC	275,000	$2.81M	0.14%	new	Timeline
QRVOQORVO INC	30,113	$2.74M	0.13%	new	Timeline
DSLDOUBLELINE INCOME SOLUTIONS	215,858	$2.65M	0.13%	+134,689	Timeline
NKTRNEKTAR THERAPEUTICS	45,042	$2.56M	0.12%	new	Timeline
MAGNMAGNERA CORP	210,350	$2.47M	0.12%	+79,629	Timeline
AHCOADAPTHEALTH CORP	274,433	$2.46M	0.12%	-30,141	Timeline
STUBSTUBHUB HLDGS INC	142,673	$2.4M	0.12%	new	Timeline
NIQNIQ GLOBAL INTELLIGENCE PLC	151,519	$2.38M	0.12%	new	Timeline
XEFRXEATON VANCE SR FLTNG RTE TR	206,070	$2.36M	0.11%	+150,659	Timeline
ACWIISHARES TR	16,930	$2.34M	0.11%	new	Timeline
CRAQUCAL REDWOOD ACQUISITION CORP	225,000	$2.3M	0.11%	0	Timeline
BACCUBLUE ACQUISITION CORP.	225,000	$2.28M	0.11%	0	Timeline
BEAMBEAM THERAPEUTICS INC	93,930	$2.28M	0.11%	new	Timeline
ASTLALGOMA STL GROUP INC	640,324	$2.28M	0.11%	+75,099	Timeline
BTXBLACKROCK TECH AND PRIVATE E	338,664	$2.27M	0.11%	+227,884	Timeline
OBAWUOXLEY BRIDGE ACQ LTD	225,000	$2.26M	0.11%	+75,000	Timeline
SGMTSAGIMET BIOSCIENCES INC	325,359	$2.23M	0.11%	+56,166	Timeline
AXSMAXSOME THERAPEUTICS INC.	17,860	$2.17M	0.11%	-76,711	Timeline
DLRDIGITAL RLTY TR INC	11,999	$2.07M	0.1%	-6	Timeline
ALBALBEMARLE CORP	25,450	$2.06M	0.1%	new	Timeline
TNGXTANGO THERAPEUTICS INC	245,109	$2.06M	0.1%	-173,408	Timeline
MBVIUM3-BRIGADE ACQUISITION VI CO	200,000	$2.02M	0.1%	new	Timeline
ALGSALIGOS THERAPEUTICS INC	203,113	$1.99M	0.1%	+66,331	Timeline
CDTXCIDARA THERAPEUTICS INC	20,532	$1.97M	0.1%	new	Timeline
CAEPCANTOR EQUITY PARTNERS III I	175,000	$1.81M	0.09%	-25,000	Timeline
SEESEALED AIR CORP NEW	50,783	$1.8M	0.09%	-24,700	Timeline
LEGLEGGETT & PLATT INC	199,814	$1.77M	0.09%	-64,533	Timeline
AXINUAXIOM INTELLIGENCE AC CORP 1	175,000	$1.76M	0.09%	0	Timeline
PFFISHARES TR	54,001	$1.71M	0.08%	+33,079	Timeline
PRGOPERRIGO CO PLC	76,379	$1.7M	0.08%	+40,079	Timeline
OKLOOKLO INC	15,000	$1.67M	0.08%	new	Timeline
EFTEATON VANCE FLOATING RATE IN	140,990	$1.66M	0.08%	+103,012	Timeline
MGMMGM RESORTS INTERNATIONAL	46,730	$1.62M	0.08%	-20,980	Timeline
JAZZJAZZ PHARMACEUTICALS PLC	12,251	$1.61M	0.08%	-5,558	Timeline
BLSHBULLISH	25,000	$1.59M	0.08%	new	Timeline
CSQCALAMOS STRATEGIC TOTAL RETU	81,826	$1.58M	0.08%	-27,636	Timeline
SVACUSPRING VY ACQUISITION CORP I	149,254	$1.55M	0.08%	new	Timeline
PCAPPROCAP ACQUISITION CORP	148,871	$1.53M	0.07%	new	Timeline
BZHBEAZER HOMES USA INC	62,088	$1.52M	0.07%	-33,497	Timeline
ATIIARCHIMEDES TECH SPAC PARTNER	147,534	$1.51M	0.07%	new	Timeline
PENNPENN ENTERTAINMENT INC	77,749	$1.5M	0.07%	-41,366	Timeline
JPCNUVEEN PFD & INCOME OPPORTUN	179,162	$1.47M	0.07%	+91,138	Timeline
JEPIJ P MORGAN EXCHANGE TRADED F	25,564	$1.46M	0.07%	new	Timeline
VLOSVELOS ACQUISITION I CORP	137,766	$1.45M	0.07%	new	Timeline
GMGENERAL MTRS CO	23,660	$1.44M	0.07%	-50,191	Timeline
TLNCUTALON CAP CORP	143,224	$1.44M	0.07%	new	Timeline
CVSCVS HEALTH CORP	18,966	$1.43M	0.07%	new	Timeline
CYHCOMMUNITY HEALTH SYS INC NEW	430,670	$1.38M	0.07%	+102,177	Timeline
DCHDAUCH CORP	226,093	$1.36M	0.07%	-74,887	Timeline
EMLCVANECK ETF TRUST	53,053	$1.35M	0.07%	+31,054	Timeline
STEWSRH TOTAL RETURN FUND INC	73,701	$1.34M	0.07%	+14,580	Timeline
NTLAINTELLIA THERAPEUTICS INC	74,266	$1.28M	0.06%	new	Timeline
CLDXCELLDEX THERAPEUTICS INC NEW	46,520	$1.2M	0.06%	-288,480	Timeline
JFRNUVEEN FLOATING RATE INCOME	143,473	$1.17M	0.06%	+96,498	Timeline
STKCOLUMBIA SELIGM PREM TECH GR	33,162	$1.17M	0.06%	new	Timeline
VNQVANGUARD INDEX FDS	12,752	$1.17M	0.06%	new	Timeline
NBRNABORS INDUSTRIES LTD	27,127	$1.11M	0.05%	-10,159	Timeline
SRLNSSGA ACTIVE ETF TR	26,639	$1.11M	0.05%	new	Timeline
XRPNUARMADA ACQUISITION CORP II	100,000	$1.09M	0.05%	0	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	1,578	$1.05M	0.05%	+296	Timeline
ARKOARKO CORP	229,786	$1.05M	0.05%	-26,275	Timeline
DTDYNATRACE INC	21,636	$1.05M	0.05%	new	Timeline
BEAGBOLD EAGLE ACQUISITION CORP	100,000	$1.04M	0.05%	-50,000	Timeline
CCIIUCOHEN CIRCLE ACQUISIT CORP I	100,473	$1.03M	0.05%	new	Timeline
CMCSACOMCAST CORP NEW	32,775	$1.03M	0.05%	+15,924	Timeline
XEVVXEATON VANCE LIMITED DURATION	99,370	$1.01M	0.05%	+78,718	Timeline
FIGX CAP ACQUISITION CORP.FIGX CAP ACQUISITION CORP.	100,000	$1.01M	0.05%	0
GALATA ACQUISITION CORP IIGALATA ACQUISITION CORP II	100,000	$998K	0.05%	new
DMIIUDRUGS MADE IN AMER ACQ II CO	100,000	$994K	0.05%	new	Timeline
KOYNUCSLM DIGITA ASSET ACQ CORP I	97,817	$988K	0.05%	new	Timeline
THQABRDN HEALTHCARE OPPORTUNITI	56,611	$979K	0.05%	new	Timeline
NAMSNEWAMSTERDAM PHARMA COMPANY	34,353	$977K	0.05%	-196,841	Timeline
ETJEATON VANCE RISK-MANAGED DIV	104,242	$937K	0.05%	+58,635	Timeline
AVTRAVANTOR INC	74,191	$926K	0.05%	-1,935,256	Timeline
MRLNMERLIN INC	88,200	$916K	0.04%	new	Timeline
AMNAMN HEALTHCARE SVCS INC	47,143	$913K	0.04%	+28,804	Timeline
DKSDICKS SPORTING GOODS INC	3,840	$853K	0.04%	new	Timeline
RYTMRHYTHM PHARMACEUTICALS INC	8,365	$845K	0.04%	-16,301	Timeline
PAIIUPYROPHYTE ACQUISITION CORP.	81,744	$828K	0.04%	new	Timeline
BBNBLACKROCK TAX MUNICPAL BD TR	49,659	$824K	0.04%	-72,818	Timeline
FWRDFORWARD AIR CORP	31,538	$809K	0.04%	new	Timeline
AMLXAMYLYX PHARMACEUTICALS INC	59,132	$804K	0.04%	new	Timeline
HGVHILTON GRAND VACATIONS INC	19,181	$802K	0.04%	-24,854	Timeline
FHTXFOGHORN THERAPEUTICS INC	161,140	$788K	0.04%	new	Timeline
RVTROYCE SMALL CAP TRUST INC	44,812	$723K	0.04%	-187,897	Timeline
UTLUNITIL CORP	15,000	$718K	0.03%	new	Timeline
ADXADAMS DIVERSIFIED EQUITY FD	32,106	$716K	0.03%	new	Timeline
CUBECUBESMART	17,578	$715K	0.03%	new	Timeline
COGTCOGENT BIOSCIENCES INC	49,692	$714K	0.03%	new	Timeline
BRWSABA CAPITAL INCOME & OPRNT	89,331	$694K	0.03%	new	Timeline
LENZLENZ THERAPEUTICS INC	14,701	$685K	0.03%	new	Timeline
RNAMAVIDITY BIOSCIENCES INC	15,505	$676K	0.03%	new	Timeline
MBXMBX BIOSCIENCES INC	38,500	$674K	0.03%	new	Timeline
ETVEATON VANCE TAX-MANAGED BUY-	47,216	$673K	0.03%	new	Timeline
AMBQAMBIQ MICRO INC	21,500	$643K	0.03%	new	Timeline
XBOEXBLACKROCK ENHANCED GLOBAL	52,644	$609K	0.03%	new	Timeline
FTFFRANKLIN LTD DURATION INCOME	92,491	$589K	0.03%	-13,146	Timeline
WENNWEN ACQUISITION CORP	55,100	$558K	0.03%	new	Timeline
DYNCDYNAMIX CORP	52,899	$551K	0.03%	new	Timeline
XNIEXVIRTUS EQUITY & CONV INCM FD	21,817	$548K	0.03%	-30,227	Timeline
FIGRFIGURE TECHNOLOGY SOLUTIO	15,000	$546K	0.03%	new	Timeline
NCNONCINO INC	20,000	$542K	0.03%	new	Timeline
XGDVXGABELLI DIVID & INCOME TR	19,814	$538K	0.03%	-7,358	Timeline
TSHATAYSHA GENE THERAPIES INC	161,972	$530K	0.03%	new	Timeline
ARDCARES DYNAMIC CR ALLOCATION F	37,414	$526K	0.03%	-52,943	Timeline
ALDFALDEL FINL II INC	50,000	$522K	0.03%	new	Timeline
FTWEQV VENTURES ACQUISITION C-A	50,100	$520K	0.03%	new	Timeline
JACSJACKSON ACQUISITION CO II	50,000	$519K	0.03%	new	Timeline
RACRITHM ACQUISITION CORP	50,000	$512K	0.02%	-50,000	Timeline
SISHOULDER INNOVATIONS INC	40,745	$511K	0.02%	new	Timeline
JENAJENA ACQUISITION CORP II	50,000	$508K	0.02%	new	Timeline
OYSTER ENTERPRISES II ACQUISOYSTER ENTERPRISES II ACQUIS	49,470	$507K	0.02%	-530
MIAXMIAMI INTL HLDGS INC	12,500	$503K	0.02%	new	Timeline
CCDCALAMOS DYNAMIC CONV & INCOM	23,793	$501K	0.02%	-1,002	Timeline
PDTHANCOCK JOHN PREM DIVID FD	37,131	$495K	0.02%	+23,784	Timeline
VVRINVESCO SR INCOME TR	141,980	$491K	0.02%	new	Timeline
VIAVIA TRANSN INC	10,000	$481K	0.02%	new	Timeline
DARDARLING INGREDIENTS INC	14,856	$459K	0.02%	+3,506	Timeline
XEADXALLSPRING INCOME OPPORTUNIT	64,444	$452K	0.02%	new	Timeline
IMTXIMMATICS N.V	49,947	$426K	0.02%	new	Timeline
XLVSELECT SECTOR SPDR TR	2,959	$412K	0.02%	+92	Timeline
AORISHARES TR	6,120	$394K	0.02%	new	Timeline
AIOVIRTUS ARTIFICIAL INTELLIGEN	15,924	$383K	0.02%	new	Timeline
EMXCISHARES INC	5,649	$381K	0.02%	new	Timeline
RQICOHEN & STEERS QUALITY INCOM	30,575	$381K	0.02%	-81,890	Timeline
WBIWATERBRIDGE INFRASTRUCTURE L	15,000	$378K	0.02%	new	Timeline
RMTROYCE MICRO-CAP TR INC	35,863	$373K	0.02%	-95,848	Timeline
FMCFMC CORP	10,795	$363K	0.02%	new	Timeline
TEITEMPLETON EMERGING MKTS INCO	58,241	$361K	0.02%	new	Timeline
HIOWESTERN ASSET HIGH INCOME OP	93,517	$359K	0.02%	new	Timeline
HYIWESTERN ASSET HIGH YIELD OPP	29,861	$350K	0.02%	+12,939	Timeline
BABINVESCO EXCH TRADED FD TR II	12,685	$346K	0.02%	new	Timeline
NTSKNETSKOPE INC	15,000	$341K	0.02%	new	Timeline
REETISHARES TR	13,085	$334K	0.02%	new	Timeline
COLUMBUS CIRCLE CAP CORP. ICOLUMBUS CIRCLE CAP CORP. I	33,017	$334K	0.02%	new
PCEFINVESCO EXCH TRADED FD TR II	16,480	$329K	0.02%	+1,433	Timeline
CEPOCANTOR EQUITY PARTNERS I INC	30,370	$318K	0.02%	new	Timeline
PACHUPIONEER ACQUISITION I CORP	31,492	$316K	0.02%	-2	Timeline
TRVITREVI THERAPEUTICS INC	34,399	$315K	0.02%	new	Timeline
NFJVIRTUS DIVIDEND INTEREST & P	23,059	$300K	0.01%	-35,518	Timeline
BGBBLACKSTONE STRATEGIC CRED 20	24,583	$299K	0.01%	-81,215	Timeline
NCLHNORWEGIAN CRUISE LINE HLDGS	12,119	$298K	0.01%	-24,902	Timeline
RPDRAPID7 INC	15,650	$293K	0.01%	-591,445	Timeline
PERIMETER ACQUISITION CORP IPERIMETER ACQUISITION CORP I	26,045	$273K	0.01%	-15,330
CHWCALAMOS GBL DYN INCOME FUND	35,725	$269K	0.01%	-64,846	Timeline
OACCOAKTREE ACQUISITION CORP III	25,000	$262K	0.01%	new	Timeline
JENAUJENA ACQUISITION CORP II	25,000	$260K	0.01%	0	Timeline
DPGDUFF & PHELPS UTLITY AND INF	20,107	$260K	0.01%	-8,751	Timeline
DRDBROMAN DBDR ACQUISITION CORP	25,000	$258K	0.01%	new	Timeline
FACTFACT II ACQUISITION CORP	25,000	$258K	0.01%	new	Timeline
XBMEXBLACKROCK HEALTH SCIENCES TR	6,896	$257K	0.01%	-38	Timeline
DAAQDIGITAL ASSET ACQUISITION CO	25,000	$256K	0.01%	new	Timeline
RDAGREPUBLIC DIGITAL ACQUISITION	25,000	$255K	0.01%	new	Timeline
TACHTITAN ACQUISITION CORP	25,095	$254K	0.01%	new	Timeline
GHYPGIM GLOBAL HIGH YIELD FD FO	19,414	$250K	0.01%	new	Timeline
NETCLOUDFLARE INC	1,163	$250K	0.01%	new	Timeline
JSPRJASPER THERAPEUTICS INC	98,439	$234K	0.01%	new	Timeline
FTHYFIRST TR HIGH YIELD OPPRT 20	15,166	$220K	0.01%	new	Timeline
BCSSUBAIN CAP GSS INVT CORP	21,642	$218K	0.01%	new	Timeline
ETOEATON VANCE TAX-ADVANTAGED G	7,576	$209K	0.01%	new	Timeline
XEVTXEATON VANCE TAX ADVT DIV INC	8,508	$208K	0.01%	-1,927	Timeline
CHICALAMOS CONV OPPORTUNITIES &	19,058	$206K	0.01%	-20,204	Timeline
XBGYXBLACKROCK ENHANCED INTL DIV	35,753	$206K	0.01%	new	Timeline
BTC DEV CORPBTC DEV CORP	20,000	$202K	0.01%	new
XMYDXBLACKROCK MUNIYIELD FUND	19,037	$201K	0.01%	-28,848	Timeline
HPFHANCOCK JOHN PFD INCOME FD I	11,544	$195K	0.01%	new	Timeline
KCHVUKOCHAV DEFENSE ACQUI CO	18,894	$193K	0.01%	-31,106	Timeline
MMTABERDEEN MULTI-MARKET INCOME	38,540	$184K	0.01%	-6,697	Timeline
XJQCXNUVEEN CR STRATEGIES INCOME	33,695	$178K	0.01%	-258,208	Timeline
ZTRVIRTUS TOTAL RETURN FD INC	26,737	$172K	0.01%	-134,181	Timeline
XCHYXCALAMOS CONV & HIGH INCOME F	14,657	$164K	0.01%	-24,473	Timeline
XBFZXBLACKROCK CA MUNI INC TR	14,642	$160K	0.01%	new	Timeline
EIMEATON VANCE MUN BD FD	15,684	$156K	0.01%	new	Timeline
RLGTRADIANT LOGISTICS INC	26,397	$156K	0.01%	-1,987	Timeline
BLZRUTRAILBLAZER ACQUISITION CORP	15,000	$154K	0.01%	new	Timeline
RFMZRIVERNORTH FLEXIBLE MUNI INC	11,678	$152K	0.01%	new	Timeline
BLWBLACKROCK LTD DURATION INCOM	10,715	$150K	0.01%	new	Timeline
HTZWWHERTZ GLOBAL HLDGS INC	40,000	$148K	0.01%	0	Timeline
XNXJXNUVEEN NEW JERSEY	11,842	$147K	0.01%	-3,299	Timeline
BLACKROCK MUNICIPAL INCOME …BLACKROCK MUNICIPAL INCOME QUA	13,301	$146K	0.01%	+822
SABRSABRE CORP	76,651	$140K	0.01%	-400,320	Timeline
VNDAVANDA PHARMACEUTICALS INC	27,610	$138K	0.01%	new	Timeline
XMCRXMFS CHARTER INCOME TR	20,824	$134K	0.01%	+1,246	Timeline
XMQTXBLACKROCK MUNIYIELD QLTY II	12,443	$125K	0.01%	+168	Timeline
XMVFXBLACKROCK MUNIVEST FUND	17,713	$122K	0.01%	-7,165	Timeline
CRVOCERVOMED INC	14,534	$118K	0.01%	new	Timeline
XWIAXWESTERN ASSET INFLT LNK INC	13,680	$115K	0.01%	new	Timeline
FCRSUFUTURECREST ACQUISITION CORP	10,000	$106K	0.01%	new	Timeline
ONCHU1RT ACQUISITION CORP.	10,000	$105K	0.01%	new	Timeline
HCM III ACQUISITION CORPHCM III ACQUISITION CORP	10,000	$103K	0.01%	new
IPEXINFLECTION POINT ACQU CORP V	10,000	$102K	<0.01%	new	Timeline
GSRFUGSR IV ACQUISITION CORP	10,000	$101K	<0.01%	new	Timeline
PMMFRANKLIN MANAGED MUN INCOME	15,619	$94.3K	<0.01%	new	Timeline
RACWSRITHM ACQUISITION CORP	96,666	$59.3K	<0.01%	-15,000	Timeline
COLUMBUS CIRCLE CAP CORP. ICOLUMBUS CIRCLE CAP CORP. I	50,000	$55.5K	<0.01%	0
TSITCW STRATEGIC INCOME FD INC	10,008	$49.2K	<0.01%	-17,448	Timeline
CRDFCARDIFF ONCOLOGY INC	21,024	$43.3K	<0.01%	new	Timeline
OPTUOPTIMUM COMMUNICATIONS INC	16,483	$39.7K	<0.01%	-265,636	Timeline
HAYMAKER ACQUISITION CORP IVHAYMAKER ACQUISITION CORP IV	90,000	$35.5K	<0.01%	0
IPCXRINFLECTION PT ACQUISITION CO	80,000	$35.2K	<0.01%	-50,000	Timeline
LEGATO MERGER CORP IIILEGATO MERGER CORP III	81,600	$30.3K	<0.01%	new
HVIIRHENNESSY CAP INVT CORP VII	100,000	$27K	<0.01%	new	Timeline
CUBWWLIONHEART HOLDINGS	95,040	$26.2K	<0.01%	+25,000	Timeline
ANSCWAGRICULTURE & NAT SOL ACQ CO	100,000	$25K	<0.01%	new	Timeline
MCGAWYORKVILLE ACQUISITION CORP.	19,886	$23.7K	<0.01%	new	Timeline
TACHWTITAN ACQUISITION CORP	75,000	$22.6K	<0.01%	new	Timeline
JENA ACQUISITION CORP IIJENA ACQUISITION CORP II	100,000	$20K	<0.01%	new
GSHRWGESHER ACQUISITION CORP. II	50,000	$16.5K	<0.01%	new	Timeline
SDHIRSIDDHI ACQUISITION CORP	75,000	$15.1K	<0.01%	+50,000	Timeline
VLOSWVELOS ACQUISITION I CORP	10,050	$12.3K	<0.01%	new	Timeline
DMAARDRUGS MADE IN AMER ACQUTN CO	50,000	$10.9K	<0.01%	new	Timeline
COPLEY ACQUISITION CORPCOPLEY ACQUISITION CORP	50,000	$10K	<0.01%	0
ATIIWARCHIMEDES TECH SPAC PARTNER	25,000	$9.37K	<0.01%	new	Timeline
DAICWCID HOLDCO INC	50,000	$7.62K	<0.01%	0	Timeline
KFIIRK&F GROWTH ACQUISITION CORP	50,000	$7.5K	<0.01%	new	Timeline
NABORS ENERGY TRANSITION CORNABORS ENERGY TRANSITION COR	25,000	$6.8K	<0.01%	0
CRAQRCAL REDWOOD ACQUISITION CORP	25,000	$5.5K	<0.01%	new	Timeline
LCCCRLAKESHORE ACQUISITION III CO	25,000	$5.1K	<0.01%	0	Timeline
POLEWANDRETTI ACQUISITION CORP II	25,000	$5K	<0.01%	0	Timeline
NPACWNEW PROVIDENCE ACQUISITION C	10,000	$4.1K	<0.01%	new	Timeline
AA MISSION ACQUISITI…AA MISSION ACQUISITION …	25,000	$4K	<0.01%	0
CHPGRCHAMPIONSGATE ACQUISITION CO	25,000	$3.5K	<0.01%	0	Timeline
NAMMWNAMIB MINERALS	25,000	$3.5K	<0.01%	0	Timeline
RIVERNORTH OPPORTUNITIES FDRIVERNORTH OPPORTUNITIES FD	289,376	$2.34K	<0.01%	new
COHEN & STEERS INFRASTRUCTURCOHEN & STEERS INFRASTRUCTUR	18,436	$1.44K	<0.01%	new

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
TLTISHARES TR 20 YR TR BD ETF	call	3,000,000	$268M	0
BABOEING CO COM	put	70,000	$15.1M	-70,000
INFORMATICA INCINFORMATICA INC COM CL A	call	163,100	$4.05M	new
IBITISHARES BITCOIN TRUST ETF SHS	put	50,000	$3.25M	0
MPTMEDICAL PROPERTIES TRUST INC REIT	put	350,000	$1.77M	0
Surmodics IncSurmodics Inc Common Stock	put	13,700	$409K	0
ATYRATYR PHARMA INC COM NEW	call	300,000	$216K	new

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
RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 3.625%10/1	principal	153,313,000	$141M	+23,000,000
GRANITE CONSTR INCGRANITE CONSTR INC NOTE 3.750% 5/1	principal	40,000,000	$96.4M	-5,500,000
MIRUM PHARMACEUTICALS INCMIRUM PHARMACEUTICALS INC NOTE 4.000% 5/0	principal	30,171,000	$72.6M	-3,500,000
BENTLEY SYS INCBENTLEY SYS INC NOTE 0.375% 7/0	principal	38,000,000	$35.9M	-2,190,000
ITRON INCITRON INC NOTE 1.375% 7/1	principal	30,000,000	$34.5M	+17,500,000
DAYFORCE INCDAYFORCE INC NOTE 0.250% 3/1	principal	32,000,000	$31.4M	-15,000,000
LANTHEUS HLDGS INCLANTHEUS HLDGS INC Convertible	principal	29,500,000	$31.1M	0
FRESHPET INCFRESHPET INC NOTE 3.000% 4/0	principal	27,500,000	$31M	+4,060,000
ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 1/1	principal	30,000,000	$29.7M	0
WISDOMTREE INCWISDOMTREE INC NOTE 3.250% 8/1	principal	22,249,000	$29.2M	new
TRANSMEDICS GROUP INCTRANSMEDICS GROUP INC NOTE 1.500% 6/0	principal	20,000,000	$28.5M	-6,500,000
ORMAT TECHNOLOGIES INCORMAT TECHNOLOGIES INC NOTE 2.500% 7/1	principal	23,532,000	$28.4M	0
BLACKBERRY LTDBLACKBERRY LTD NOTE 3.000% 2/1	principal	18,020,000	$26.8M	-5,000,000
IRHYTHM HOLDINGS INCIRHYTHM HOLDINGS INC NOTE 1.500% 9/0	principal	18,000,000	$24.8M	-6,142,000
EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/0	principal	26,500,000	$24.5M	+6,500,000
PAR TECHNOLOGY CORPPAR TECHNOLOGY CORP NOTE 1.500%10/1	principal	23,000,000	$22.2M	0
LIVANOVA PLCLIVANOVA PLC NOTE 2.500% 3/1	principal	20,000,000	$21.5M	-14,500,000
DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND	principal	20,000,000	$21.5M	-5,000,000
LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1	principal	12,500,000	$20.2M	0
WORLD KINECT CORPORATIONWORLD KINECT CORPORATION Convertible	principal	18,250,000	$20.1M	0
CENTURY ALUM COCENTURY ALUM CO NOTE 2.750% 5/0	principal	12,070,000	$19.7M	0
AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0	principal	20,000,000	$19.2M	-5,000,000
VERTEX INCVERTEX INC NOTE 0.750% 5/0	principal	18,000,000	$18.4M	+5,000,000
IMAX CORPIMAX CORP NOTE 0.500% 4/0	principal	15,000,000	$17.6M	0
COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.250% 4/0	principal	12,500,000	$15.7M	new
HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 3/0	principal	15,700,000	$15.4M	0
ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 2.250% 6/0	principal	14,500,000	$13.9M	-8,000,000
SOLAREDGE TECHNOLOGIES INCSOLAREDGE TECHNOLOGIES INC Convertible	principal	10,000,000	$13.2M	new
CHEFS WHSE INCCHEFS WHSE INC NOTE 2.375%12/1	principal	8,900,000	$12.9M	0
IMMUNOCORE HLDGS PLCIMMUNOCORE HLDGS PLC NOTE 2.500% 2/0	principal	12,450,000	$11.3M	-3,050,000
BLACKLINE INCBLACKLINE INC NOTE 3/1	principal	10,000,000	$9.78M	0
BILL HOLDINGS INCBILL HOLDINGS INC NOTE 4/0	principal	10,000,000	$9.33M	0
CELCUITY INCCELCUITY INC NOTE 2.750% 8/0	principal	7,000,000	$9.33M	new
HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 2.500% 6/0	principal	10,000,000	$9.28M	-2,000,000
SAREPTA THERAPEUTICS INCSAREPTA THERAPEUTICS INC NOTE 1.250% 9/1	principal	10,000,000	$8.82M	-15,000,000
ETSY INCETSY INC NOTE 0.250% 6/1	principal	9,950,000	$8.81M	+950,000
BOX INCBOX INC NOTE 1.500% 9/1	principal	7,500,000	$7.56M	new
AEROVIRONMENT INCAEROVIRONMENT INC NOTE 7/1	principal	5,000,000	$6.21M	new
TETRA TECH INC NEWTETRA TECH INC NEW DBCV 2.250% 8/1	principal	5,000,000	$5.42M	new
RAPID7 INCRAPID7 INC NOTE 0.250% 3/1	principal	5,415,000	$5.08M	new
Dynavax Technologies CorpDynavax Technologies Corp Convertible bond	principal	5,000,000	$4.7M	new
CERENCE INCCERENCE INC NOTE 1.500% 7/0	principal	5,000,000	$4.17M	-4,190,000
GRANITE CONSTR INCGRANITE CONSTR INC NOTE 3.250% 6/1	principal	2,435,000	$3.74M	-6,588,000
ETSY INCETSY INC NOTE 0.125% 9/0	principal	3,180,000	$2.94M	+680,000
CARDLYTICS INCCARDLYTICS INC NOTE 4.250% 4/0	principal	3,600,000	$1.91M	-7,900,000

Sold out in Q3 2025

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

The largest 100 of 393. All 393

Security	Shares before	Value before	Type
IWMISHARES TR	1,674,800	$361M	call
IWMISHARES TR	826,700	$178M	put
HYGISHARES TR	967,815	$78.1M	shares
HSYHERSHEY CO	440,026	$73M	shares
BLUEPRINT MEDICINES CORPBLUEPRINT MEDICINES CORP	329,831	$42.3M	shares
CYTOKINETICS INCCYTOKINETICS INC	35,000,000	$37.3M	principal
JUNIPER NETWORKS INCJUNIPER NETWORKS INC	886,966	$35.4M	shares
ANSYS INCANSYS INC	78,590	$27.6M	shares
MBBISHARES TR	215,945	$20.3M	shares
BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC	20,000,000	$18.9M	principal
ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD	12,500,000	$16M	principal
FARO Technologies IncFARO Technologies Inc	12,500,000	$15.2M	principal
BLBLACKLINE INC	252,036	$14.3M	shares
Couchbase IncCouchbase Inc	524,702	$12.8M	shares
HESS CORPHESS CORP	81,913	$11.3M	shares
KVUEKENVUE INC	500,000	$10.5M	call
SPECTRUM BRANDS INCSPECTRUM BRANDS INC	10,750,000	$9.8M	principal
WBDWARNER BROS DISCOVERY INC	842,698	$9.66M	shares
DOCNDIGITALOCEAN HLDGS INC	337,254	$9.63M	shares
INSMINSMED INC	94,052	$9.47M	shares
VERAVERA THERAPEUTICS INC	401,427	$9.46M	shares
89BIO INC89BIO INC	902,076	$8.86M	shares
MTNVAIL RESORTS INC	53,817	$8.46M	shares
ENPHASE ENERGY INCENPHASE ENERGY INC	10,000,000	$8.13M	principal
LRNSTRIDE INC	55,977	$8.13M	shares
TTDTHE TRADE DESK INC	109,280	$7.87M	shares
BSYBENTLEY SYS INC	137,228	$7.41M	shares
EFAISHARES TR	81,900	$7.32M	put
ETSY INCETSY INC	7,500,000	$7.27M	principal
INCYINCYTE CORP	102,026	$6.95M	shares
LEGNLEGEND BIOTECH CORP	178,012	$6.32M	shares
PARAMOUNT GLOBALPARAMOUNT GLOBAL	462,783	$5.97M	shares
STXSEAGATE TECHNOLOGY HLDNGS PL	40,578	$5.86M	shares
AUPHAURINIA PHARMACEUTICALS INC	657,835	$5.57M	shares
MATMATTEL INC	279,444	$5.51M	shares
FLYWFLYWIRE CORPORATION	445,330	$5.21M	shares
GHGUARDANT HEALTH INC	100,085	$5.21M	shares
VSXYVICTORIAS SECRET AND CO	276,212	$5.12M	shares
SMMTSUMMIT THERAPEUTICS INC	227,860	$4.85M	shares
GTLBGITLAB INC	100,000	$4.51M	shares
TGNATEGNA INC	258,904	$4.34M	shares
TROXTRONOX HOLDINGS PLC	789,195	$4M	shares
PAYOPAYONEER GLOBAL INC	553,815	$3.79M	shares
ALNYALNYLAM PHARMACEUTICALS INC	11,601	$3.78M	shares
PCNPIMCO CORPORATE & INCM STRG	255,565	$3.24M	shares
BHCBAUSCH HEALTH COS INC	470,761	$3.14M	shares
AESAES CORP	274,814	$2.89M	shares
PROS HOLDINGS INCPROS HOLDINGS INC	3,000,000	$2.84M	principal
ARQTARCUTIS BIOTHERAPEUTICS INC	200,253	$2.81M	shares
LITELUMENTUM HLDGS INC	28,384	$2.7M	shares
CUSHMAN WAKEFIELD PLCCUSHMAN WAKEFIELD PLC	240,074	$2.66M	shares
BCAXBICARA THERAPEUTICS INC	270,200	$2.51M	shares
VHTVANGUARD WORLD FD	9,406	$2.34M	shares
HOUSANYWHERE REAL ESTATE INC	612,038	$2.22M	shares
AMCXAMC GLOBAL MEDIA INC	353,178	$2.21M	shares
UUNITY SOFTWARE INC	91,076	$2.2M	shares
TXG10X GENOMICS INC	189,608	$2.2M	shares
OLO INCOLO INC	233,100	$2.07M	shares
ACADACADIA PHARMACEUTICALS INC	91,999	$1.98M	shares
CTMXCYTOMX THERAPEUTICS INC.	844,643	$1.92M	shares
FOLDAMICUS THERAPEUTIC	329,917	$1.89M	shares
GTNGRAY MEDIA INC	405,148	$1.84M	shares
Vital Energy IncVital Energy Inc	113,555	$1.83M	shares
NUVLNUVALENT INC	23,588	$1.8M	shares
TLTISHARES TR	20,020	$1.77M	shares
SNCYSUN CTRY AIRLS HLDGS INC	149,533	$1.76M	shares
WWWWOLVERINE WORLD WIDE INC	81,245	$1.47M	shares
ETWEATON VANCE TAX-MANAGED GLOB	167,796	$1.45M	shares
QQQINVESCO QQQ TR	2,530	$1.4M	shares
XLRESELECT SECTOR SPDR TR	33,475	$1.39M	shares
MRSHMARSH & MCLENNAN COS INC	6,000	$1.31M	call
EFAISHARES TR	13,650	$1.22M	shares
PCVXVAXCYTE INC	35,819	$1.16M	shares
BKLNINVESCO EXCH TRADED FD TR II	54,981	$1.15M	shares
HQHABRDN HEALTHCARE INVESTORS	73,834	$1.14M	shares
TYTRI CONTL CORP	35,835	$1.13M	shares
NBXGNEUBERGER NEXT GENERATION	70,658	$1.03M	shares
AFRMAFFIRM HLDGS INC	14,647	$1.01M	shares
PNWPINNACLE WEST CAP CORP	11,248	$1.01M	shares
ZVRAZEVRA THERAPEUTICS INC	111,515	$982K	shares
ACTENACT HLDGS INC	23,795	$884K	shares
MOALTRIA GROUP INC	15,070	$884K	shares
MGTXMEIRAGTX HLDGS PLC	133,401	$870K	shares
VRSNVERISIGN INC	2,902	$838K	shares
AZOAUTOZONE INC	221	$820K	shares
ASGLIBERTY ALL-STAR GROWTH FD I	148,512	$812K	shares
VZVERIZON COMMUNICATIONS INC	18,593	$805K	shares
LLOEWS CORP	8,651	$793K	shares
XENEXENON PHARMACEUTICALS INC	24,814	$777K	shares
FIZZNATIONAL BEVERAGE CORP	17,932	$775K	shares
CHURCHILL CAP CORP XCHURCHILL CAP CORP X	75,000	$772K	shares
FHIFEDERATED HERMES INC	17,242	$764K	shares
NVSTENVISTA HOLDINGS CORPORATION	37,851	$740K	shares
AFLAFLAC INC	6,969	$735K	shares
ACMAECOM	6,443	$727K	shares
TAT&T INC	25,048	$725K	shares
NWSNEWS CORP NEW	21,053	$722K	shares
PDOPIMCO DYNAMIC INCOME OPRNTS	53,375	$719K	shares
VVISA INC	2,005	$712K	shares
PMLPIMCO MUN INCOME FD II	94,966	$707K	shares

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 0001214659-25-016078	base		2025-11-07	acceptance time not in the bulk data set	2026-10-07 03:02:25 UTC