Shaolin Capital Management LLC

13F filer, CIK 1766806, Miami, FL

Shaolin Capital Management LLC reported $2,882,326,580 across 277 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-14. Its ten largest share positions make up 56.74% of the portfolio.

Filed 2025-08-14 (acceptance time not in the bulk data set), ingested 2026-10-07 18:23:11 UTC13F-HR 0001172661-25-003521

Period: 2025-06-30
Reported value: $2.88B
Holdings: 277
Top 10 weight: 56.74%
New: 140
Sold out: 54

Largest buys vs the previous quarter

Security	Shares change	Approx. value
BAPRAnew	+1,148,347	$78.5M
APOLLO GLOBAL MGMT INCadded	+900,000	$67.8M
KIMCO REALTY CORPadded	+21,822,240	$26.3M
MCHPnew	+213,563	$15M
GTENnew	+972,889	$9.97M

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
BAexited	-399,287	-$68.1M
LOKVUexited	-1,140,000	-$11.5M
NEEreduced	-160,055	-$11.1M
MSTRexited	-35,000	-$10.1M
RACUexited	-942,807	-$9.52M

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, Q2 2025

Share positions as resolved from 13F-HR 0001172661-25-003521, largest first. % of portfolio is the value over $2,297,997,175, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
APOLLO GLOBAL MGMT INCAPOLLO GLOBAL MGMT INC	2,150,000	$162M	7.05%	+900,000
HEWLETT PACKARD ENTERPRISE CHEWLETT PACKARD ENTERPRISE C	2,165,000	$128M	5.57%	+145,089
BAPRABOEING CO	1,148,347	$78.5M	3.42%	new	Timeline
NEENEXTERA ENERGY INC	957,980	$66.5M	2.89%	-160,055	Timeline
KIMCO REALTY CORPKIMCO REALTY CORP	22,273,350	$26.8M	1.17%	+21,822,240
MCHPMICROCHIP TECHNOLOGY INC.	213,563	$15M	0.65%	new	Timeline
GTENGORES HLDGS X INC	972,889	$9.97M	0.43%	new	Timeline
BLUWUBLUE WTR ACQUISITION CORP. I	907,459	$9.08M	0.4%	new	Timeline
JENAUJENA ACQUISITION CORP II	800,000	$8.22M	0.36%	new	Timeline
FACCARTESIAN GROWTH CORP III	800,000	$8.02M	0.35%	new	Timeline
BTDRBITDEER TECHNOLOGIES GROUP	649,667	$7.46M	0.32%	+204,167	Timeline
FLYYSPIRIT AVIATION HLDGS INC COM(	1,413,482	$7.05M	0.31%	new	Timeline
PACHUPIONEER ACQUISITION I CORP	650,000	$6.5M	0.28%	new	Timeline
PMTRPERIMETER ACQUISITION CORP I	626,435	$6.37M	0.28%	new	Timeline
KCHVUKOCHAV DEFENSE ACQUI CO	600,000	$6.11M	0.27%	new	Timeline
COPLCOPLEY ACQUISITION CORP	600,000	$6.04M	0.26%	new	Timeline
XRPNARMADA ACQUISITION CORP II	550,000	$5.53M	0.24%	new	Timeline
SZZLSIZZLE ACQUISITION CORP. II	550,000	$5.53M	0.24%	new	Timeline
LCCCLAKESHORE ACQUISITION III CO	550,100	$5.51M	0.24%	new	Timeline
EGHAUEGH ACQUISITION CORP.	500,000	$5.09M	0.22%	new	Timeline
SDHISIDDHI ACQUISITION CORP	500,000	$5.05M	0.22%	new	Timeline
BACCUBLUE ACQUISITION CORP.	500,000	$5.02M	0.22%	new	Timeline
TVAIUTHAYER VENTURES ACQ CORP II	450,000	$4.57M	0.2%	new	Timeline
AXINUAXIOM INTELLIGENCE AC CORP 1	450,000	$4.54M	0.2%	new	Timeline
OBAWUOXLEY BRIDGE ACQ LTD	440,000	$4.4M	0.19%	new	Timeline
CHURCHILL CAP CORP XCHURCHILL CAP CORP X	425,000	$4.38M	0.19%	new
ANSCAGRICULTURE & NAT SOL ACQ CO	400,117	$4.34M	0.19%	new	Timeline
DDOGDATADOG INC	31,700	$4.26M	0.19%	+15,286	Timeline
NPACNEW PROVIDENCE ACQUISITION C	400,000	$4.08M	0.18%	new	Timeline
KFIIK&F GROWTH ACQUISITION CORP	400,000	$4.07M	0.18%	-100,000	Timeline
LIGHTWAVE ACQUISITION CORPLIGHTWAVE ACQUISITION CORP	400,000	$4.02M	0.18%	new
SOULSOULPOWER ACQUISITION CORP	400,000	$4.02M	0.17%	new	Timeline
IPCXINFLECTION PT ACQUISITION CO	389,570	$3.97M	0.17%	new	Timeline
MTSIMACOM TECH SOLUTIONS HLDGS I	26,500	$3.8M	0.17%	new	Timeline
JACSJACKSON ACQUISITION CO II	367,000	$3.78M	0.16%	+217,000	Timeline
LPAALAUNCH ONE ACQUISITION CORP	350,000	$3.65M	0.16%	new	Timeline
GSHRGESHER ACQUISITION CORP. II	350,000	$3.55M	0.15%	new	Timeline
CRAQCAL REDWOOD ACQUISITION CORP	350,000	$3.49M	0.15%	new	Timeline
FOURSHIFT4 PMTS INC	34,154	$3.39M	0.15%	new	Timeline
RAAQREAL ASSET ACQUISITION CORP	325,000	$3.3M	0.14%	new	Timeline
TMSLIVE OAK ACQUISITION CORP V	300,000	$3.21M	0.14%	new	Timeline
VACHVOYAGER ACQUISITION CORP	300,000	$3.12M	0.14%	new	Timeline
HELIX ACQUISITION CORP IIHELIX ACQUISITION CORP II	292,338	$3.1M	0.14%	new
RACRITHM ACQUISITION CORP	300,000	$3.06M	0.13%	new	Timeline
OYSTER ENTERPRISES II ACQUISOYSTER ENTERPRISES II ACQUIS	300,000	$3.04M	0.13%	new
TACHTITAN ACQUISITION CORP	300,000	$3.02M	0.13%	new	Timeline
COLUMBUS CIRCLE CAP CORP. ICOLUMBUS CIRCLE CAP CORP. I	275,000	$2.92M	0.13%	new
BEAGBOLD EAGLE ACQUISITION CORP	275,000	$2.88M	0.13%	+97,008	Timeline
GHGUARDANT HEALTH INC	55,000	$2.86M	0.12%	new	Timeline
UYSCUY SCUTI ACQUISITION CORP.	279,600	$2.81M	0.12%	new	Timeline
LYFTLYFT INC	177,500	$2.8M	0.12%	new	Timeline
PELIPELICAN ACQUISITION CORP SHS (	275,000	$2.76M	0.12%	new	Timeline
FTWEQV VENTURES ACQUISITION C-A	250,000	$2.63M	0.11%	0	Timeline
CHPGCHAMPIONSGATE ACQUISITION CO	260,003	$2.6M	0.11%	new	Timeline
TVATEXAS VENTURES ACQUISITION I	250,000	$2.52M	0.11%	new	Timeline
BOXBOX INC	70,927	$2.42M	0.11%	+16,748	Timeline
QSEAQUARTZSEA ACQUISITION CORP	223,637	$2.25M	0.1%	new	Timeline
NABORS ENERGY TRANSITION CORNABORS ENERGY TRANSITION COR	200,000	$2.22M	0.1%	+100,000
FRNMPERCEPTIVE CAP SOLUTIONS COR	200,000	$2.12M	0.09%	-50,000	Timeline
CCIXCHURCHILL CAPITAL CORP IX	200,000	$2.1M	0.09%	new	Timeline
DAAQDIGITAL ASSET ACQUISITION CO	200,000	$2.1M	0.09%	new	Timeline
DRDBROMAN DBDR ACQUISITION CORP	200,353	$2.07M	0.09%	-49,647	Timeline
TDACTRANSLATIONAL DEV ACQUISITIO	200,946	$2.06M	0.09%	+50,946	Timeline
ATIIARCHIMEDES TECH SPAC PARTNER	200,000	$2.05M	0.09%	new	Timeline
SVCCSTELLAR V CAP CORP	200,000	$2.04M	0.09%	new	Timeline
OACCOAKTREE ACQUISITION CORP III	194,762	$2.04M	0.09%	-55,238	Timeline
NHICNEWHOLD INVT CORP III	200,000	$2.03M	0.09%	new	Timeline
CHACCRANE HARBOR ACQU CORP - A	200,000	$2.01M	0.09%	new	Timeline
CCAQCOLLECTIVE ACQUISITION CORP	200,000	$2.01M	0.09%	new	Timeline
PROCAP ACQUISITION CORPPROCAP ACQUISITION CORP	183,937	$1.97M	0.09%	new
ONENHENNESSY CAP INVT CORP VII	193,430	$1.97M	0.09%	-6,570	Timeline
VCICVINE HILL CAP INVT CORP.	175,210	$1.82M	0.08%	new	Timeline
GSR III ACQUISITION CORPGSR III ACQUISITION CORP	164,600	$1.78M	0.08%	-335,400
COLACOLUMBUS ACQUISITION CORP	175,001	$1.77M	0.08%	-99,999	Timeline
WENNUWEN ACQUISITION CORP	158,824	$1.68M	0.07%	new	Timeline
LPBBLAUNCH TWO ACQUISITION CORP.	150,000	$1.56M	0.07%	new	Timeline
RDAGREPUBLIC DIGITAL ACQUISITION	150,000	$1.54M	0.07%	new	Timeline
AACBARTIUS II ACQUISITION INC	150,000	$1.52M	0.07%	new	Timeline
WTGUUWINTERGREEN ACQUISITION CORP	150,053	$1.51M	0.07%	new	Timeline
GSR III ACQUISITION CORPGSR III ACQUISITION CORP	205,000	$1.4M	0.06%	-34,100
FIGX CAP ACQUISITION CORP.FIGX CAP ACQUISITION CORP.	138,756	$1.39M	0.06%	new
HYACHAYMAKER ACQUISITION CORP IV	125,000	$1.39M	0.06%	new	Timeline
SEDGSOLAREDGE TECHNOLOGIES INC	66,800	$1.36M	0.06%	new	Timeline
TACOBERTO ACQUISITION CORP	125,000	$1.3M	0.06%	new	Timeline
Bitcoin Depot IncBitcoin Depot Inc	254,619	$1.29M	0.06%	-379,981
CEPTCANTOR EQUITY PARTNERS II IN	110,000	$1.21M	0.05%	new	Timeline
ARES ACQUISITION CORP IIARES ACQUISITION CORP II	100,000	$1.13M	0.05%	new
MCGAUYORKVILLE ACQUISITION CORP.	100,000	$1.12M	0.05%	new	Timeline
CEPOCANTOR EQUITY PARTNERS I INC	90,000	$1.07M	0.05%	-110,011	Timeline
LEGTLEGATO MERGER CORP III	100,000	$1.07M	0.05%	new	Timeline
FACTFACT II ACQUISITION CORP	103,750	$1.07M	0.05%	-246,250	Timeline
SBXDFSILVERBOX CORP IV	96,925	$1.06M	0.05%	new	Timeline
GPATGP-ACT III ACQUISITION CORP	100,000	$1.05M	0.05%	new	Timeline
ALDFALDEL FINL II INC	100,000	$1.05M	0.05%	new	Timeline
SIMASIM ACQUISITION CORP. I	100,000	$1.04M	0.05%	new	Timeline
FVNFUTURE VISION II ACQUISITION	100,000	$1.04M	0.05%	new	Timeline
WLACWILLOW LANE ACQUISITION CORP	100,042	$1.02M	0.04%	-49,958	Timeline
DMAADRUGS MADE IN AMER ACQUTN CO	100,000	$1.02M	0.04%	new	Timeline
DYNCDYNAMIX CORP	100,000	$1.02M	0.04%	new	Timeline
VLOSVELOS ACQUISITION I CORP	90,000	$1.02M	0.04%	+64,485	Timeline
FERAFIFTH ERA ACQUISITION CORP I	100,000	$1.01M	0.04%	new	Timeline
ALFCENTURION ACQUISITION CORP	75,000	$789K	0.03%	new	Timeline
VLOSWVELOS ACQUISITION I CORP	450,000	$788K	0.03%	-55,000	Timeline
XMTRXOMETRY INC	21,790	$736K	0.03%	new	Timeline
RTACRENATUS TACTICAL ACQUIS	52,295	$617K	0.03%	new	Timeline
HCM II ACQUISITION CORPHCM II ACQUISITION CORP	50,000	$555K	0.02%	new
PGACPANTAGES CAPITAL ACQUISITION	50,000	$509K	0.02%	new	Timeline
BSAAUBEST SPAC I ACQUISITION CORP	50,000	$502K	0.02%	new	Timeline
COHENCIRCLEACQUISITIONCORCOHENCIRCLEACQUISITIONCOR	40,000	$439K	0.02%	new
ARES ACQUISITION CORP II-28ARES ACQUISITION CORP II-28	350,000	$385K	0.02%	-412,500
DMY SQUARED TECHNOLOGY GROUPDMY SQUARED TECHNOLOGY GROUP	175,000	$334K	0.01%	+10,000
COHEN CIRCLE ACQUISIT…COHEN CIRCLE ACQUISITION …	162,520	$325K	0.01%	-37,480
HVIIRHENNESSY CAP INVT CORP VII	950,000	$314K	0.01%	-34,745	Timeline
COLUMBUS CIRCLE CAP CORP. ICOLUMBUS CIRCLE CAP CORP. I	187,498	$311K	0.01%	new
BULLWWEBULL CORP	75,000	$303K	0.01%	new	Timeline
IPCXRINFLECTION PT ACQUISITION CO	737,979	$294K	0.01%	new	Timeline
LOKVWLIVE OAK ACQUISITION CORP V	400,000	$280K	0.01%	new	Timeline
ADGMADAGIO MED HLDGS INC	616,160	$273K	0.01%	+356,160	Timeline
DRDBWROMAN DBDR ACQUISITION CORP	537,994	$269K	0.01%	+37,994	Timeline
CCIXWCHURCHILL CAPITAL CORP IX	275,000	$261K	0.01%	-25,000	Timeline
FLDDWFOLD HLDGS INC	364,401	$259K	0.01%	-33,699	Timeline
SILVERBOX CORP IVSILVERBOX CORP IV	199,271	$239K	0.01%	+50,229
TACOWBERTO ACQUISITION CORP	300,000	$239K	0.01%	new	Timeline
USA RARE EARTH INCUSA RARE EARTH INC	100,000	$238K	0.01%	-92,802
ATIIWARCHIMEDES TECH SPAC PARTNER	584,603	$237K	0.01%	new	Timeline
EQV VENTURES ACQUISITION COREQV VENTURES ACQUISITION COR	300,000	$220K	0.01%	+20,000
ARTIUS II ACQUISITION INCARTIUS II ACQUISITION INC	850,000	$204K	0.01%	new
PMTRWPERIMETER ACQUISITION CORP I	312,501	$200K	0.01%	new	Timeline
BTMWQBITCOIN DEPOT INC	500,000	$199K	0.01%	-200,000	Timeline
JACKSON ACQUISITION CO IIJACKSON ACQUISITION CO II	700,000	$196K	0.01%	-50,000
KFIIRK&F GROWTH ACQUISITION CORP	1,200,000	$192K	0.01%	-100,000	Timeline
BEAGRBOLD EAGLE ACQUISITION CORP	600,000	$188K	0.01%	0	Timeline
ALDFWALDEL FINL II INC	361,154	$188K	0.01%	-44,417	Timeline
FERARFIFTH ERA ACQUISITION CORP I	650,000	$183K	0.01%	new	Timeline
CGCTWCARTESIAN GROWTH CORP III	656,000	$177K	0.01%	new	Timeline
TDACWTRANSLATIONAL DEV ACQUISITIO	700,000	$175K	0.01%	-30,821	Timeline
BACQRINFLECTION PT ACQUISITION CORP	500,000	$175K	0.01%	0	Timeline
FGMCRFG MERGER II CORP	600,000	$165K	0.01%	-25,000	Timeline
PSECPROSPECT CAP CORP	50,000	$159K	0.01%	new	Timeline
GTENWGORES HLDGS X INC	267,500	$158K	0.01%	new	Timeline
PLMKWPLUM ACQUISITION CORP IV	650,000	$156K	0.01%	-49,998	Timeline
RACWSRITHM ACQUISITION CORP	309,998	$152K	0.01%	new	Timeline
FACTWFACT II ACQUISITION CORP	500,000	$150K	0.01%	-50,000	Timeline
VACHWVOYAGER ACQUISITION CORP	500,000	$150K	0.01%	-150,000	Timeline
LPBBWLAUNCH TWO ACQUISITION CORP.	323,431	$149K	0.01%	+135,326	Timeline
LEGATO MERGER CORP IIILEGATO MERGER CORP III	550,000	$149K	0.01%	+167,000
XRPNWARMADA ACQUISITION CORP II	522,865	$141K	0.01%	new	Timeline
GPATWGP-ACT III ACQUISITION CORP	450,000	$140K	0.01%	+102,370	Timeline
TVACWTEXAS VENTURES ACQUISITION I	500,000	$135K	0.01%	new	Timeline
QSEARQUARTZSEA ACQUISITION CORP	500,000	$130K	0.01%	new	Timeline
CUBWWLIONHEART HOLDINGS	375,000	$128K	0.01%	-25,100	Timeline
HAYMAKER ACQUISITION CORP IVHAYMAKER ACQUISITION CORP IV	350,000	$126K	0.01%	-50,700
TAVIRTAVIA ACQUISITION CORP	750,485	$124K	0.01%	0	Timeline
RAAQWREAL ASSET ACQUISITION CORP	265,000	$122K	0.01%	new	Timeline
LPAAWLAUNCH ONE ACQUISITION CORP	450,000	$122K	0.01%	-75,000	Timeline
CRANE HBR ACQUISITION CORPCRANE HBR ACQUISITION CORP	450,000	$122K	0.01%	new
CRAQRCAL REDWOOD ACQUISITION CORP	426,490	$115K	0.01%	new	Timeline
SDHIRSIDDHI ACQUISITION CORP	500,000	$115K	0.01%	new	Timeline
NHICWNEWHOLD INVT CORP III	349,999	$114K	<0.01%	new	Timeline
MLACRMOUNTAIN LAKE ACQUISITION CO	650,000	$110K	<0.01%	+100,000	Timeline
LCCCRLAKESHORE ACQUISITION III CO	550,100	$110K	<0.01%	new	Timeline
VCICWVINE HILL CAP INVT CORP.	451,264	$109K	<0.01%	+150,000	Timeline
WLACWWILLOW LANE ACQUISITION CORP	300,000	$108K	<0.01%	-20,582	Timeline
ALFUWCENTURION ACQUISITION CORP	350,000	$105K	<0.01%	-11,396	Timeline
ANSCWAGRICULTURE & NAT SOL ACQ CO	700,000	$105K	<0.01%	+301,820	Timeline
NABORS ENERGY TRANSITION CORNABORS ENERGY TRANSITION COR	217,614	$105K	<0.01%	-57,386
SVCCWSTELLAR V CAP CORP	375,298	$101K	<0.01%	new	Timeline
OACCWOAKTREE ACQUISITION CORP III	115,000	$101K	<0.01%	0	Timeline
NPACWNEW PROVIDENCE ACQUISITION C	158,332	$99K	<0.01%	new	Timeline
IPEXRINFLECTION POINT ACQU CORP V	350,000	$95.2K	<0.01%	-50,699	Timeline
DYNCWDYNAMIX CORP	225,000	$87.7K	<0.01%	+9,520	Timeline
DAAQWDIGITAL ASSET ACQUISITION CO	100,000	$85K	<0.01%	new	Timeline
TACHWTITAN ACQUISITION CORP	224,999	$83.2K	<0.01%	new	Timeline
NTWOWNEWBURY STR II ACQUISITION C	330,000	$82.5K	<0.01%	+9,099	Timeline
SZZLRSIZZLE ACQUISITION CORP. II	400,000	$80K	<0.01%	new	Timeline
SOULPOWER ACQUISITION CORPSOULPOWER ACQUISITION CORP	400,000	$80K	<0.01%	new
GRAF GLOBAL CORPGRAF GLOBAL CORP	272,905	$79.2K	<0.01%	+75,000
Spring Valley Acquisition C…Spring Valley Acquisition Corp II	550,000	$77K	<0.01%	-50,000
MELAR ACQUISITION CORP. IMELAR ACQUISITION CORP. I	250,000	$75K	<0.01%	+43,289
SPKLWSPARK I ACQUISITION CORP	370,000	$72K	<0.01%	+185,100	Timeline
RDAGWREPUBLIC DIGITAL ACQUISITION	100,000	$72K	<0.01%	new	Timeline
POLEWANDRETTI ACQUISITION CORP II	350,000	$70K	<0.01%	0	Timeline
BKHARBLACK HAWK ACQUISITION CORP	50,000	$69.4K	<0.01%	0	Timeline
SIMAWSIM ACQUISITION CORP. I	250,000	$68.4K	<0.01%	-49,900	Timeline
NAMMWNAMIB MINERALS	350,000	$68.2K	<0.01%	new	Timeline
ISLWFISRAEL ACQUISITIONS CORP WT EX	300,000	$66.8K	<0.01%	-50,000	Timeline
JVSPAC ACQUISITION CORPJVSPAC ACQUISITION CORP	70,000	$60.9K	<0.01%	-22,816
CRMLWCRITICAL METALS CORP	127,377	$58.1K	<0.01%	0	Timeline
BZAIWBLAIZE HLDGS INC	150,000	$57.6K	<0.01%	-66,907	Timeline
FVNNRFUTURE VISION II ACQUISITION	300,000	$57K	<0.01%	-50,000	Timeline
CCAQWCOLLECTIVE ACQUISITION CORP	269,921	$51.3K	<0.01%	new	Timeline
RTACWRENATUS TACTICAL ACQUIS	25,000	$51K	<0.01%	new	Timeline
COLARCOLUMBUS ACQUISITION CORP	275,300	$50.7K	<0.01%	0	Timeline
REALTHE REALREAL INC	10,556	$50.6K	<0.01%	new	Timeline
CHPGRCHAMPIONSGATE ACQUISITION CO	502,354	$50.2K	<0.01%	new	Timeline
RANGRRANGE CAP ACQUISITION CORP	192,718	$48.2K	<0.01%	+1,500	Timeline
UYSCRUY SCUTI ACQUISITION CORP.	239,600	$47.9K	<0.01%	new	Timeline
AFJKRAIMEI HEALTH TECHNOLOGY CO L	199,220	$47.8K	<0.01%	-600	Timeline
AA MISSION ACQUISITI…AA MISSION ACQUISITION …	475,000	$46.7K	<0.01%	+40,000
COPLEY ACQUISITION CORPCOPLEY ACQUISITION CORP	271,440	$45.5K	<0.01%	new
ALCWFALCHEMY INVTS ACQUISITN CORP	400,000	$45.2K	<0.01%	-40,000	Timeline
ANNAWALEANNA INC	189,212	$44.5K	<0.01%	-41,576	Timeline
HSPTRHORIZON SPACE ACQUISITION II	310,000	$43.4K	<0.01%	0	Timeline
BAYARBAYVIEW ACQUISITION CORP	133,919	$38.8K	<0.01%	-6,981	Timeline
NXATWNEXUS ADVANCED TECHNOLOGIES	275,000	$37.6K	<0.01%	new	Timeline
THCHTH INTERNATIONAL LIMITED	12,599	$37.4K	<0.01%	0	Timeline
DTSQRDT CLOUD STAR ACQUISITION CO	300,000	$36.6K	<0.01%	+82,341	Timeline
PGACRPANTAGES CAPITAL ACQUISITION	160,000	$35.2K	<0.01%	0	Timeline
Spring Valley Acquisition C…Spring Valley Acquisition Corp II	250,000	$35K	<0.01%	-50,000
PELIRPELICAN ACQUISITION CORP RT	175,000	$33.2K	<0.01%	new	Timeline
SPWRWSUNPOWER INC	100,000	$32.6K	<0.01%	0	Timeline
DAICWCID HOLDCO INC	350,000	$27.6K	<0.01%	new	Timeline
DYCQRDT CLOUD ACQUISITION CORP RT 0	158,103	$26.9K	<0.01%	0	Timeline
SCAGWSCAGE FUTURE	325,000	$26K	<0.01%	new	Timeline
VGASWVERDE CLEAN FUELS INC	150,000	$25.7K	<0.01%	-49,294	Timeline
SOUTHLAND HLDGS INCSOUTHLAND HLDGS INC	75,000	$24K	<0.01%	0
HORIZON SPACE ACQUSTN I CORPHORIZON SPACE ACQUSTN I CORP	150,000	$22.5K	<0.01%	-50,000
CAPNRCAYSON ACQUISITION CORP	159,600	$22.3K	<0.01%	-400	Timeline
Chenghe Acquisition II CoChenghe Acquisition II Co	249,300	$21.9K	<0.01%	-700
BRLSWBOREALIS FOODS INC	225,000	$20.3K	<0.01%	-50,000	Timeline
KIDZWKIDZ AI INC	150,000	$20K	<0.01%	new	Timeline
HPAIWHELPORT AI LTD	90,000	$19.8K	<0.01%	0	Timeline
SBCWWSBC MED GROUP HLDGS INC	100,000	$19.3K	<0.01%	0	Timeline
CRGOWFREIGHTOS LTD	87,996	$17.5K	<0.01%	-8,860	Timeline
NOEMWCO2 ENERGY TRANSITION CORP	185,517	$16.7K	<0.01%	+116,800	Timeline
LAVORO LTD WT EXP (CYM)LAVORO LTD WT EXP (CYM)	453,401	$16.1K	<0.01%	0
Horizon Space Acquisition I…Horizon Space Acquisition I Corp	375,000	$15K	<0.01%	0
AENTWALLIANCE ENTERTAINMENT HOLDI	80,000	$14.4K	<0.01%	-10,000	Timeline
BDMDWBAIRD MED INVT HLDGS LTD	175,000	$14K	<0.01%	-11,700	Timeline
VEEAWVEEA INC	100,000	$13.6K	<0.01%	0	Timeline
CN HEALTHY FOOD TECH GROUP CCN HEALTHY FOOD TECH GROUP C	225,566	$13.5K	<0.01%	0
NIOBWNIOCORP DEVS LTD	25,000	$12.7K	<0.01%	0	Timeline
GCT SEMICONDUCTOR HLDG INCGCT SEMICONDUCTOR HLDG INC	105,363	$10.2K	<0.01%	-44,637
ATMCWALPHATIME ACQUISITION CORP RED	208,500	$6.25K	<0.01%	+8,600	Timeline
PSQ HOLDINGS INCPSQ HOLDINGS INC	25,000	$5.25K	<0.01%	new
KVACWKEEN VISION ACQUISITION CORP	92,178	$4.98K	<0.01%	0	Timeline
EMCWFEMBRACE CHANGE ACQUISITION COR	190,000	$3.8K	<0.01%	0	Timeline
FORLWWTS/FOUR LEAF ACQUISITION CORPORA…	122,415	$3.67K	<0.01%	0	Timeline
GIBO HOLDINGS LTD.GIBO HOLDINGS LTD.	82,674	$2.88K	<0.01%	new
GSHRWGESHER ACQUISITION CORP. II	274,999	$774	<0.01%	new	Timeline
Oak Woods Acquisition CorpOak Woods Acquisition Corp	17,298	$520	<0.01%	0

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
SPYSTATE STR SPDR S&P 500 ETF T SHS	put	687,500	$425M	+437,500
HYGISHARES TR IBOXX HI YD ETF	put	1,000,000	$80.7M	new
MCHPMICROCHIP TECHNOLOGY INC. Stock	put	375,000	$26.4M	new
BABOEING CO COM	put	100,000	$21M	new
NEENEXTERA ENERGY INC COM	put	250,000	$17.4M	new
HPEHEWLETT PACKARD ENTERPRISE C Stock	put	500,000	$10.2M	-750,000
PCTPURECYCLE TECHNOLOGIES INC COM	put	125,000	$1.71M	-250,000
PSECPROSPECT CAP CORP COM	put	400,000	$1.27M	new
WOLFSPEED INCWOLFSPEED INC COM	put	2,500,000	$1M	+500,000
WOLFSPEED INCWOLFSPEED INC COM	call	3,200	$1.28K	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
DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND	principal	215,000,000	$229M	+31,600,000
CINEMARK HLDGS INCCINEMARK HLDGS INC NOTE 4.500% 8/1	principal	75,000,000	$160M	+31,380,000
EVERGY INCEVERGY INC NOTE 4.500%12/1	principal	117,500,000	$138M	+72,500,000
CNX RES CORPCNX RES CORP NOTE 2.250% 5/0	principal	49,500,000	$130M	-19,901,000
AMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INC NOTE 6.500% 7/0	principal	118,600,000	$122M	+35,740,000
INTEGRA LIFESCIENCES HLDGS CINTEGRA LIFESCIENCES HLDGS C NOTE 0.500% 8/1	principal	87,500,000	$86.9M	-17,500,000
DROPBOX INCDROPBOX INC NOTE 3/0	principal	67,500,000	$68.5M	0
ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 5/0	principal	53,830,000	$63.7M	-113,670,000
PINNACLE WEST CAP CORPPINNACLE WEST CAP CORP CNV	principal	57,500,000	$62.4M	new
TXNM ENERGY INCTXNM ENERGY INC NOTE 5.750% 6/0	principal	40,000,000	$52.1M	new
PENNYMAC CORPPENNYMAC CORP NOTE 5.500% 3/1	principal	50,000,000	$50.6M	+7,598,000
PEABODY ENGR CORPPEABODY ENGR CORP NOTE 3.250% 3/0	principal	47,500,000	$49.6M	+22,500,000
WESTERN DIGITAL CORPWESTERN DIGITAL CORP NOTE 3.000%11/1	principal	25,000,000	$45M	new
WOLFSPEED INCWOLFSPEED INC NOTE 1.750% 5/0	principal	155,000,000	$39.2M	-26,000,000
PEBBLEBROOK HOTEL TRPEBBLEBROOK HOTEL TR NOTE 1.750%12/1	principal	37,500,000	$35.5M	+9,858,000
WEC ENERGY GROUP INCWEC ENERGY GROUP INC NOTE 4.375% 6/0	principal	27,500,000	$31.1M	new
THE REALREAL INCTHE REALREAL INC DEBT 4.000% 2/1	principal	37,500,000	$30.2M	+10,500,000
PURECYCLE TECHNOLOGIES INCPURECYCLE TECHNOLOGIES INC NOTE 7.250% 8/1	principal	22,000,000	$27.8M	+1,000,000
GREEN PLAINS INCGREEN PLAINS INC NOTE 2.250% 3/1	principal	25,350,000	$21.7M	+2,850,000
GOSSAMER BIO INCGOSSAMER BIO INC NOTE 5.000% 6/0	principal	33,500,000	$17.6M	+1,200,000
Dynavax Technologies Corp.Dynavax Technologies Corp. CCB	principal	14,180,000	$15.8M	new
FIRSTENERGY CORPFIRSTENERGY CORP NOTE 4.000% 5/0	principal	15,000,000	$15.2M	-15,500,000
ZYNGA INCZYNGA INC NOTE 12/1	principal	5,000,000	$5.2M	0
WORKIVA INCWORKIVA INC NOTE 1.125% 8/1	principal	4,500,000	$4.84M	-9,150,000
WISDOMTREE INCWISDOMTREE INC NOTE 3.250% 6/1	principal	3,000,000	$3.36M	new
NCL CORP LTDNCL CORP LTD NOTE 5.375% 8/0	principal	2,500,000	$2.84M	new

Sold out in Q2 2025

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

Security	Shares before	Value before	Type
PALO ALTO NETWORKS INCPALO ALTO NETWORKS INC	44,559,999	$153M	principal
SOUTHWEST AIRLS COSOUTHWEST AIRLS CO	124,702,000	$125M	principal
MIDDLEBY CORPMIDDLEBY CORP	95,794,000	$116M	principal
HCI GROUP INCHCI GROUP INC	41,516,000	$78.3M	principal
AIR TRANS SVCS GROUP INCAIR TRANS SVCS GROUP INC	74,000,000	$73.8M	principal
BABOEING CO	399,287	$68.1M	shares
POST HLDGS INCPOST HLDGS INC	50,000,000	$59.7M	principal
NEENEXTERA ENERGY INC	625,000	$44.3M	call
DATADOG INCDATADOG INC	37,095,000	$41.6M	principal
MAGNITE INCMAGNITE INC	29,000,000	$27.7M	principal
MSTRSTRATEGY INC	75,000	$21.6M	put
BABOEING CO	100,000	$17.1M	call
LOKVULIVE OAK ACQUISITION CORP V	1,140,000	$11.5M	shares
MSTRSTRATEGY INC	35,000	$10.1M	shares
EXPEDIA GROUP INCEXPEDIA GROUP INC	10,000,000	$9.88M	principal
RACURITHM ACQUISITION CORP	942,807	$9.52M	shares
FIFTH ERA ACQUISITION CORP IFIFTH ERA ACQUISITION CORP I	800,000	$8.06M	shares
FLUOR CORPFLUOR CORP	7,500,000	$7.99M	principal
HPEHEWLETT PACKARD ENTERPRISE C	500,000	$7.71M	call
AACBUARTIUS II ACQUISITION INC	700,000	$7.05M	shares
STELLAR V CAP CORPSTELLAR V CAP CORP	650,600	$6.58M	shares
ATIIUARCHIMEDES TECH SPAC PARTNER	650,531	$6.55M	shares
NHICUNEWHOLD INVT CORP III	525,000	$5.29M	shares
GSHRUGESHER ACQUISITION CORP. II	525,000	$5.27M	shares
THE REALREAL INCTHE REALREAL INC	5,196,000	$5.16M	principal
ITGRINTEGER HLDGS CORP	41,188	$4.86M	shares
CABLE ONE INCCABLE ONE INC	5,000,000	$3.95M	principal
QSEAUQUARTZSEA ACQUISITION CORP	250,000	$2.52M	shares
NTWONEWBURY STR II ACQUISITION C	250,000	$2.52M	shares
PLMKPLUM ACQUISITION CORP IV	250,000	$2.51M	shares
LCIILCI INDS	23,580	$2.06M	shares
UYSCUUY SCUTI ACQUISITION CORP.	200,000	$2.01M	shares
CHENGHE ACQUISITION II COCHENGHE ACQUISITION II CO	150,000	$1.54M	shares
ASTSAST SPACEMOBILE INC	56,250	$1.28M	shares
MLACMOUNTAIN LAKE ACQUISITION CO	100,000	$1M	shares
LUCID GROUP INCLUCID GROUP INC	250,000	$605K	put
LUVSOUTHWEST AIRLS CO	10,000	$336K	shares
WOLFSPEED INCWOLFSPEED INC	100,000	$306K	shares
DMYYDMY SQUARED TECHNOLOGY GROUP I	19,619	$219K	shares
SK GROWTH OPPORTUNITIES CORPSK GROWTH OPPORTUNITIES CORP	260,000	$169K	shares
SPWRSUNPOWER INC	70,130	$109K	shares
CLRRFCLIMATEROCK USD RTS (CYM) 01/3	469,195	$103K	shares
HENNESSY CAPITAL INVST CORPHENNESSY CAPITAL INVST CORP	550,000	$82.5K	shares
EURKREUREKA ACQUISITION CORP	151,500	$35.2K	shares
Cartesian Growth Corp IICartesian Growth Corp II	375,000	$26.4K	shares
GLOBAL LIGHTS ACQUISITION COGLOBAL LIGHTS ACQUISITION CO	100,000	$22K	shares
NUAIWNEW ERA ENERGY & DIGITAL INC	137,116	$19.2K	shares
DENALI CAPITAL ACQUISITN CORDENALI CAPITAL ACQUISITN COR	312,321	$18.5K	shares
MARBLEGATE ACQUISITION CORPMARBLEGATE ACQUISITION CORP	100,000	$16K	shares
Aimfinity Investment Corp IAimfinity Investment Corp I	190,968	$14.8K	shares
LibityLibity	515,000	$10.3K	shares
GCLWWGCL GLOBAL HLDGS LTD	154,517	$7.8K	shares
OSRHWOSR HEALTH INC	157,800	$6K	shares
BUKIT JALIL GBL ACQUISITIONBUKIT JALIL GBL ACQUISITION	96,429	$3.38K	shares

How Q2 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 0001172661-25-003521	base		2025-08-14	acceptance time not in the bulk data set	2026-10-07 18:23:11 UTC