TWO SIGMA INVESTMENTS, LP
Follow13F filer, CIK 1179392, NEW YORK, NY
TWO SIGMA INVESTMENTS, LP reported $70,897,743,818 across 4,041 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 5.18% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000899140-26-000232
- Period
- 2025-12-31
- Reported value
- $70.9B
- Holdings
- 4,041
- Top 10 weight
- 5.18%
- New
- 945
- Sold out
- 532
Part of the filer group TWO SIGMA INVESTMENTS, LP
TWO SIGMA ABSOLUTE RETURN PORTFOLIO, LLCTWO SIGMA ACTIVE EXTENSION U.S. ALL CAP EQUITY PORTFOLIO, LLC
- TWO SIGMA ABSOLUTE RETURN PORTFOLIO, LLC
- TWO SIGMA ACTIVE EXTENSION U.S. ALL CAP EQUITY PORTFOLIO, LLC
- Two Sigma Active Extension U.S. Small Cap Equity Fund, LP
- TWO SIGMA ADVISERS, LP
- Two Sigma Blazar Portfolio, LLC
- TWO SIGMA EQUITY PORTFOLIO, LLC
- Two Sigma Equity Risk Premia Portfolio, LLC
- Two Sigma Equity Spectrum Portfolio, LLC
- Two Sigma Futures Portfolio, LLC
- TWO SIGMA HORIZON PORTFOLIO, LLC
- Two Sigma Navigator Portfolio, LLC
- TWO SIGMA SPECTRUM PORTFOLIO, LLC
- Two Sigma Venus Portfolio, LLC
- Two Sigma World Core Fund, LP
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| XLKadded | +2,767,747 | $398M |
| XLYadded | +3,030,980 | $362M |
| VNQnew | +3,573,400 | $316M |
| NOWadded | +1,607,882 | $246M |
| SCHHnew | +11,681,437 | $244M |
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 |
|---|---|---|
| XLFreduced | -10,262,770 | -$562M |
| XLPreduced | -5,727,704 | -$445M |
| SPYreduced | -557,176 | -$380M |
| QUALreduced | -1,523,000 | -$302M |
| GOOGLreduced | -941,728 | -$295M |
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.
Back to all 3,372 share positions
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).
The largest 100 of 574. All 574
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| LITELUMENTUM HLDGS INC Stock | put | 362,700 | $134M | -144,100 |
| BRK-BBERKSHIRE HATHAWAY INC DEL COM | put | 230,900 | $116M | +226,900 |
| RIVNRIVIAN AUTOMOTIVE INC Stock | put | 5,778,500 | $114M | +99,100 |
| BRK-BBERKSHIRE HATHAWAY INC DEL COM | call | 221,100 | $111M | +216,100 |
| STXSEAGATE TECHNOLOGY HLDNGS PL ORD SHS | put | 297,400 | $81.9M | -87,800 |
| GOOGLALPHABET INC COM | put | 252,100 | $78.9M | +248,100 |
| METAMETA PLATFORMS INC COM | put | 117,900 | $77.8M | +115,900 |
| METAMETA PLATFORMS INC COM | call | 112,800 | $74.5M | +111,800 |
| GOOGLALPHABET INC COM | call | 237,100 | $74.2M | +232,100 |
| NVDANVIDIA CORPORATION COM | put | 384,500 | $71.7M | +327,700 |
| AAPLAPPLE INC COM | call | 251,000 | $68.2M | +231,000 |
| NVDANVIDIA CORPORATION COM | call | 355,300 | $66.3M | +300,700 |
| AAPLAPPLE INC COM | put | 241,000 | $65.5M | +226,000 |
| MPMP MATERIALS CORP COM CL A | put | 1,284,200 | $64.9M | +78,700 |
| GLDSPDR GOLD TR GOLD SHS | put | 137,800 | $54.6M | new |
| GLDSPDR GOLD TR GOLD SHS | call | 137,800 | $54.6M | new |
| SMTCSEMTECH CORP Stock | put | 730,000 | $53.8M | 0 |
| SMCISUPER MICRO COMPUTER INC COM NEW | put | 1,499,700 | $43.9M | +1,243,100 |
| BURLBURLINGTON STORES INC Stock | put | 148,600 | $42.9M | 0 |
| HOODROBINHOOD MKTS INC COM | put | 374,200 | $42.3M | +329,300 |
| TSLATESLA INC COM | put | 93,300 | $42M | +73,400 |
| MSTRSTRATEGY INC Stock | put | 274,000 | $41.6M | 0 |
| MARAMARA HOLDINGS INC Stock | put | 4,372,600 | $39.3M | -212,800 |
| PLTRPALANTIR TECHNOLOGIES INC COM | put | 218,300 | $38.8M | +166,700 |
| HOODROBINHOOD MKTS INC COM | call | 329,800 | $37.3M | +291,800 |
| PLTRPALANTIR TECHNOLOGIES INC COM | call | 196,700 | $35M | +149,700 |
| BABOEING CO COM | call | 160,300 | $34.8M | +158,200 |
| BABOEING CO COM | put | 157,300 | $34.2M | +155,300 |
| SOFISOFI TECHNOLOGIES INC Stock | put | 1,301,900 | $34.1M | +1,221,700 |
| DJTTRUMP MEDIA & TECHNOLOGY GRO COM | put | 2,564,800 | $34M | +208,700 |
| TSLATESLA INC COM | call | 73,500 | $33.1M | +60,500 |
| SMCISUPER MICRO COMPUTER INC COM NEW | call | 1,062,500 | $31.1M | +994,500 |
| SOFISOFI TECHNOLOGIES INC Stock | call | 1,180,700 | $30.9M | +1,116,700 |
| STWDSTARWOOD PPTY TR INC REIT | put | 1,698,400 | $30.6M | 0 |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 44,700 | $30.5M | -55,100 |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | call | 44,000 | $30M | -55,800 |
| XOMEXXON MOBIL CORP COM | call | 236,600 | $28.5M | +186,600 |
| AXONAXON ENTERPRISE INC STOK | put | 47,200 | $26.8M | +4,500 |
| TLTISHARES TR 20 YR TR BD ETF | call | 300,400 | $26.2M | +290,000 |
| SBSWSIBANYE STILLWATER LTD ADR | put | 1,810,600 | $25.8M | 0 |
| AMZNAMAZON COM INC COM | put | 109,000 | $25.2M | +104,000 |
| AMZNAMAZON COM INC COM | call | 105,200 | $24.3M | +100,200 |
| IWMISHARES TR SHS | put | 95,700 | $23.6M | new |
| EQXEQUINOX GOLD CORP COM | put | 1,654,500 | $23.2M | 0 |
| IWMISHARES TR SHS | call | 92,400 | $22.7M | new |
| UNHUNITEDHEALTH GROUP INC COM | put | 67,200 | $22.2M | new |
| RDDTREDDIT INC Stock | put | 96,000 | $22.1M | +86,700 |
| GSGOLDMAN SACHS GROUP INC COM | put | 25,000 | $22M | +23,000 |
| GSGOLDMAN SACHS GROUP INC COM | call | 25,000 | $22M | +23,000 |
| CCLCARNIVAL CORP Stock | put | 648,800 | $19.8M | -3,374,400 |
| UNHUNITEDHEALTH GROUP INC COM | call | 59,000 | $19.5M | new |
| RDDTREDDIT INC Stock | call | 83,900 | $19.3M | +75,900 |
| XOMEXXON MOBIL CORP COM | put | 156,500 | $18.8M | +112,500 |
| LULULULULEMON ATHLETICA INC COM | put | 87,200 | $18.1M | new |
| LULULULULEMON ATHLETICA INC COM | call | 78,600 | $16.3M | new |
| LYVLIVE NATION ENTERTAINMENT IN Stock | put | 113,800 | $16.2M | +700 |
| UPSUNITED PARCEL SVCS INC COM | call | 154,600 | $15.3M | +145,600 |
| CRWDCROWDSTRIKE HLDGS INC COM | put | 31,900 | $15M | new |
| QIAGEN N.V.QIAGEN N.V. COM SHS | put | 331,900 | $14.9M | new |
| IBITISHARES BITCOIN TRUST ETF SHS | put | 300,000 | $14.9M | +250,000 |
| CVNACARVANA CO Stock | put | 35,200 | $14.9M | +34,200 |
| TLTISHARES TR 20 YR TR BD ETF | put | 162,100 | $14.1M | +151,700 |
| GEVGE VERNOVA INC COM | put | 21,000 | $13.7M | +18,000 |
| AMDADVANCED MICRO DEVICES INC COM | put | 64,000 | $13.7M | +59,000 |
| CRWDCROWDSTRIKE HLDGS INC COM | call | 29,000 | $13.6M | new |
| CALYCALLAWAY GOLF CO COM | put | 1,161,200 | $13.6M | 0 |
| CVNACARVANA CO Stock | call | 31,200 | $13.2M | new |
| NKENIKE INC COM | put | 201,000 | $12.8M | +182,000 |
| CHTRCHARTER COMMUNICATIONS INC COM | put | 61,100 | $12.8M | +7,000 |
| TXNTEXAS INSTRS INC COM | put | 72,000 | $12.5M | +66,100 |
| NKENIKE INC COM | call | 191,400 | $12.2M | +174,400 |
| BXMTBLACKSTONE MORTGAGE TRUST IN REIT | put | 632,100 | $12.1M | 0 |
| VSTVISTRA CORP Stock | call | 74,700 | $12.1M | new |
| NCLHNORWEGIAN CRUISE LINE HLDGS Stock | put | 537,100 | $12M | -616,900 |
| PPLPPL CORP Stock | put | 335,400 | $11.7M | -1,000 |
| VSTVISTRA CORP Stock | put | 72,400 | $11.7M | new |
| AMDADVANCED MICRO DEVICES INC COM | call | 54,400 | $11.7M | +52,400 |
| TXNTEXAS INSTRS INC COM | call | 64,200 | $11.1M | +60,200 |
| WFCWELLS FARGO & CO COM | put | 119,000 | $11.1M | +110,000 |
| WFCWELLS FARGO & CO COM | call | 116,000 | $10.8M | +110,000 |
| BKNGBOOKING HOLDINGS INC COM | put | 2,000 | $10.7M | new |
| HDHOME DEPOT INC COM | put | 30,500 | $10.5M | new |
| QCOMQUALCOMM INC COM | call | 60,900 | $10.4M | +58,900 |
| GEVGE VERNOVA INC COM | call | 15,900 | $10.4M | +13,900 |
| EOSEEOS ENERGY ENTERPRISES INC Stock | put | 900,700 | $10.3M | +6,900 |
| GWWWW GRAINGER INC Stock | put | 10,200 | $10.3M | new |
| HDHOME DEPOT INC COM | call | 29,900 | $10.3M | new |
| BKNGBOOKING HOLDINGS INC COM | call | 1,900 | $10.2M | new |
| QCOMQUALCOMM INC COM | put | 58,200 | $9.96M | +53,200 |
| SPBSPECTRUM BRANDS HOLDINGS INC Stock | put | 162,600 | $9.61M | 0 |
| APPAPPLOVIN CORP Stock | put | 14,000 | $9.43M | new |
| RUNSUNRUN INC COM | put | 511,300 | $9.41M | +84,500 |
| CCITIGROUP INC COM | put | 78,000 | $9.1M | +70,000 |
| UPSUNITED PARCEL SVCS INC COM | put | 88,900 | $8.82M | +83,900 |
| CSCOCISCO SYS INC COM | call | 113,200 | $8.72M | new |
| MSFTMICROSOFT CORP COM | call | 18,000 | $8.71M | +12,300 |
| PYPLPAYPAL HLDGS INC STOK | put | 149,000 | $8.7M | new |
| CCITIGROUP INC COM | call | 74,000 | $8.64M | +64,000 |
| ALABASTERA LABS INC COM | put | 51,700 | $8.6M | +48,400 |
| ARMARM HOLDINGS PLC SPONSORED ADS | call | 77,400 | $8.46M | 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 |
|---|---|---|---|---|
| ECHOSTAR CORPECHOSTAR CORP NOTE 3.875%11/3 | principal | 102,516,000 | $342M | +15,916,000 |
| WESTERN DIGITAL CORPWESTERN DIGITAL CORP NOTE 3.000%11/1 | principal | 62,584,000 | $287M | -5,516,000 |
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN NOTE 3.500% 6/0 | principal | 52,500,000 | $176M | +22,560,000 |
| BLOOM ENERGY CORPBLOOM ENERGY CORP Bond | principal | 27,027,000 | $126M | +3,027,000 |
| EVERGY INCEVERGY INC NOTE 4.500%12/1 | principal | 88,500,000 | $108M | new |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 1.500%12/1 | principal | 18,065,000 | $96M | -1,435,000 |
| PG&E CORPPG&E CORP NOTE 4.250%12/0 | principal | 85,931,000 | $88.3M | -2,273,000 |
| VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 | principal | 61,997,000 | $87.5M | +20,711,000 |
| ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 | principal | 55,100,000 | $85.6M | -10,000,000 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 3.625%10/1 | principal | 75,552,000 | $84.6M | +25,500,000 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 4.625% 3/1 | principal | 55,510,000 | $69.7M | +2,118,000 |
| STARWOOD PPTY TR INCSTARWOOD PPTY TR INC NOTE 6.750% 7/1 | principal | 62,725,000 | $64.8M | 0 |
| FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1 | principal | 55,000,000 | $57.1M | new |
| CNX RES CORPCNX RES CORP NOTE 2.250% 5/0 | principal | 18,550,000 | $53.1M | 0 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 53,372,000 | $52.7M | +33,872,000 |
| TRANSMEDICS GROUP INCTRANSMEDICS GROUP INC NOTE 1.500% 6/0 | principal | 35,000,000 | $52.3M | new |
| WEC ENERGY GROUP INCWEC ENERGY GROUP INC Convertible | principal | 44,246,000 | $51.6M | -1,254,000 |
| GRANITE CONSTR INCGRANITE CONSTR INC NOTE 3.250% 6/1 | principal | 31,860,000 | $50.8M | +10,000,000 |
| GLOBAL PMTS INCGLOBAL PMTS INC NOTE 1.500% 3/0 | principal | 55,400,000 | $49.7M | new |
| EXPEDIA GROUP INCEXPEDIA GROUP INC NOTE 2/1 | principal | 43,449,000 | $48.5M | new |
| IONIS PHARMACEUTICALS INCIONIS PHARMACEUTICALS INC NOTE 1.750% 6/1 | principal | 30,250,000 | $48M | new |
| TRIP COM GROUP LTDTRIP COM GROUP LTD NOTE 0.750% 6/1 | principal | 38,999,000 | $47.9M | +8,999,000 |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1 | principal | 32,000,000 | $46.5M | 0 |
| NEXTERA ENERGY CAP HLDGS INCNEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0 | principal | 36,017,000 | $44.7M | new |
| BURLINGTON STORES INCBURLINGTON STORES INC NOTE 1.250%12/1 | principal | 27,730,000 | $41.1M | +5,250,000 |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 34,707,000 | $39.4M | new |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1 | principal | 33,000,000 | $38.1M | 0 |
| STRATEGY INCSTRATEGY INC NOTE 0.625% 9/1 | principal | 32,300,000 | $37.6M | +4,000,000 |
| SIRIUSXM HOLDINGS INCSIRIUSXM HOLDINGS INC NOTE 3.750% 3/1 | principal | 35,881,000 | $36M | +22,626,000 |
| TETRA TECH INC NEWTETRA TECH INC NEW DBCV 2.250% 8/1 | principal | 33,000,000 | $35.8M | +5,000,000 |
| CENTERPOINT ENERGY INCCENTERPOINT ENERGY INC NOTE 4.250% 8/1 | principal | 30,500,000 | $33.4M | -2,500,000 |
| CSG SYS INTL INCCSG SYS INTL INC NOTE 3.875% 9/1 | principal | 27,302,000 | $32.3M | -5,000,000 |
| WORLD KINECT CORPORATIONWORLD KINECT CORPORATION Convertible | principal | 30,000,000 | $31.5M | -2,500,000 |
| MACOM TECH SOLUTIONS HLDGS IMACOM TECH SOLUTIONS HLDGS I NOTE 0.250% 3/1 | principal | 14,857,000 | $30.8M | +7,857,000 |
| SUPER MICRO COMPUTER INCSUPER MICRO COMPUTER INC NOTE 3.500% 3/0 | principal | 32,500,000 | $28.9M | +6,500,000 |
| EQUINOX GOLD CORPEQUINOX GOLD CORP NOTE 4.750%10/1 | principal | 11,905,000 | $28M | -6,000,000 |
| ORMAT TECHNOLOGIES INCORMAT TECHNOLOGIES INC NOTE 2.500% 7/1 | principal | 20,500,000 | $27.5M | 0 |
| IONIS PHARMACEUTICALS INIONIS PHARMACEUTICALS IN NOTE 4/0 | principal | 20,000,000 | $27.4M | new |
| BOFA FIN LLCBOFA FIN LLC MTNF 0.600% 5/2 | principal | 25,000,000 | $27.1M | +10,000,000 |
| MARA HOLDINGS INCMARA HOLDINGS INC NOTE3/0 | principal | 34,000,000 | $26.7M | new |
| TRANSOCEAN INCTRANSOCEAN INC DEB 4.625% 9/3 | principal | 18,000,000 | $24.8M | +5,000,000 |
| NABORS INDS INCNABORS INDS INC NOTE 1.750% 6/1 | principal | 30,126,000 | $24.2M | +18,956,000 |
| GREENBRIER COS INCGREENBRIER COS INC NOTE 2.875% 4/1 | principal | 21,000,000 | $22.6M | -7,500,000 |
| PENN ENTERTAINMENT INCPENN ENTERTAINMENT INC NOTE 2.750% 5/1 | principal | 22,813,000 | $22.5M | new |
| UGI CORP NEWUGI CORP NEW NOTE 5.000% 6/0 | principal | 14,085,000 | $20M | -27,500,000 |
| DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND | principal | 19,307,000 | $19.9M | new |
| JETBLUE AIRWAYS CORPJETBLUE AIRWAYS CORP NOTE 2.500% 9/0 | principal | 20,500,000 | $19.8M | +2,500,000 |
| HERTZ CORPHERTZ CORP NOTE 8.000% 7/1 | principal | 17,140,999 | $19.4M | +1,250,000 |
| SNOWFLAKE INCSNOWFLAKE INC NOTE 10/0 | principal | 12,500,000 | $19.3M | -6,900,000 |
| Dropbox IncDropbox Inc Convertible bond | principal | 19,000,000 | $18.8M | new |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP NOTE 3.500% 3/0 | principal | 17,250,000 | $17.4M | +7,250,000 |
| PINNACLE WEST CAP CORPPINNACLE WEST CAP CORP CNV | principal | 15,750,000 | $16.8M | +6,000,000 |
| SUNRUN INCSUNRUN INC NOTE 4.000% 3/0 | principal | 11,667,000 | $16.5M | +5,049,000 |
| SPHERE ENTERTAINMENT COSPHERE ENTERTAINMENT CO Convertible | principal | 6,000,000 | $16.4M | 0 |
| JBT MAREL CORPORATIONJBT MAREL CORPORATION NOTE 0.250% 5/1 | principal | 16,000,000 | $16.3M | new |
| FLUENCE ENERGY INCFLUENCE ENERGY INC NOTE 2.250% 6/1 | principal | 13,435,000 | $16.2M | new |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. NOTE 0.750% 6/0 | principal | 16,500,000 | $16.2M | new |
| HERBALIFE LTDHERBALIFE LTD NOTE 4.250% 6/1 | principal | 13,869,000 | $14.9M | +4,438,000 |
| INTERDIGITAL INCINTERDIGITAL INC NOTE 3.500% 6/0 | principal | 3,608,000 | $14.9M | -504,000 |
| SNOWFLAKE INCSNOWFLAKE INC NOTE 10/0 | principal | 10,000,000 | $14.9M | new |
| POST HLDGS INCPOST HLDGS INC NOTE 2.500% 8/1 | principal | 13,278,000 | $14.3M | new |
| WISDOMTREE INCWISDOMTREE INC NOTE 3.250% 6/1 | principal | 12,295,000 | $14.2M | -12,750,000 |
| WISDOMTREE INCWISDOMTREE INC NOTE 3.250% 8/1 | principal | 11,526,000 | $13.8M | 0 |
| MARA HOLDINGS INCMARA HOLDINGS INC NOTE 2.125% 9/0 | principal | 16,919,000 | $13.6M | +10,119,000 |
| INNOVIVA INCINNOVIVA INC NOTE 2.125% 3/1 | principal | 13,000,000 | $13.2M | 0 |
| CYTOKINETICS INCCYTOKINETICS INC NOTE 3.500% 7/0 | principal | 8,500,000 | $12.1M | new |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 2.250% 6/0 | principal | 11,950,000 | $11.4M | -9,550,000 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 12,000,000 | $11M | -8,344,000 |
| AFFIRM HLDGS INCAFFIRM HLDGS INC NOTE 0.750%12/1 | principal | 9,700,000 | $10.7M | new |
| PENNYMAC CORPPENNYMAC CORP Convertible Bond | principal | 10,000,000 | $10.6M | +4,750,000 |
| BLACKBERRY LTDBLACKBERRY LTD NOTE 3.000% 2/1 | principal | 8,140,000 | $10.2M | +560,000 |
| COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.250% 4/0 | principal | 10,000,000 | $10.2M | new |
| PURECYCLE TECHNOLOGIES INCPURECYCLE TECHNOLOGIES INC NOTE 7.250% 8/1 | principal | 10,000,000 | $10M | +1,000,000 |
| CAPITAL SOUTHWEST CORPCAPITAL SOUTHWEST CORP Convertible Bond | principal | 10,000,000 | $9.88M | 0 |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP NOTE 1.000% 4/1 | principal | 9,508,000 | $9.44M | new |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD Convertible | principal | 7,000,000 | $9.32M | new |
| RIOT PLATFORMS INCRIOT PLATFORMS INC NOTE 0.750% 1/1 | principal | 8,100,000 | $9.14M | new |
| CLEANSPARK INCCLEANSPARK INC NOTE 6/1 | principal | 8,648,000 | $8.95M | new |
| BEYOND MEAT INCBEYOND MEAT INC DEBT 10/1 | principal | 11,099,000 | $8.52M | new |
| ENCORE CAP GROUP INCENCORE CAP GROUP INC NOTE 4.000% 3/1 | principal | 6,415,000 | $7.04M | +1,000,000 |
| T1 ENERGY INCT1 ENERGY INC NOTE 5.250%12/0 | principal | 5,000,000 | $6.37M | new |
| UPSTART HLDGS INCUPSTART HLDGS INC NOTE 2.000%10/0 | principal | 5,000,000 | $6.3M | new |
| TYLER TECHNOLOGIES INCTYLER TECHNOLOGIES INC NOTE 0.250% 3/1 | principal | 6,000,000 | $6.07M | new |
| PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1 | principal | 5,000,000 | $5.49M | -30,000,000 |
| NIO INCNIO INC NOTE 4.625%10/1 | principal | 6,000,000 | $5.28M | new |
| GUESS INCGUESS INC BOND | principal | 5,290,000 | $5.24M | 0 |
| FORTUNA MNG CORPFORTUNA MNG CORP NOTE 3.750% 6/3 | principal | 2,500,000 | $4.22M | 0 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0 | principal | 3,955,000 | $3.74M | new |
| COLLEGIUM PHARMACEUTICAL INCCOLLEGIUM PHARMACEUTICAL INC NOTE 2.875% 2/1 | principal | 2,500,000 | $3.52M | new |
| XEROX HOLDINGS CORPXEROX HOLDINGS CORP NOTE 3.750% 3/1 | principal | 11,833,000 | $3.46M | new |
| MARA HOLDINGS INCMARA HOLDINGS INC NOTE 6/0 | principal | 4,000,000 | $3.33M | new |
| SOLARIS ENERGY INFRAS INCSOLARIS ENERGY INFRAS INC NOTE 4.750% 5/0 | principal | 1,000,000 | $1.99M | new |
| WEC ENERGY GROUP INCWEC ENERGY GROUP INC NOTE 4.375% 6/0 | principal | 1,754,000 | $1.98M | new |
| ARRAY TECHNOLOGIES INCARRAY TECHNOLOGIES INC NOTE 1.000%12/0 | principal | 1,750,000 | $1.58M | 0 |
| CALLAWAY GOLF COCALLAWAY GOLF CO NOTE 2.750% 5/0 | principal | 750,000 | $745K | -24,312,000 |
Sold out in Q4 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| MURAL ONCOLOGY PUB LTD COMURAL ONCOLOGY PUB LTD CO | 14,706 | $30.4K | shares |
| OLPXOLAPLEX HLDGS INC | 22,817 | $29.9K | shares |
| CCGCHECHE GROUP INC | 23,128 | $29.1K | shares |
| RKTOROCKET ONE INC | 17,346 | $28.1K | shares |
| NNBRNN INC | 13,020 | $26.8K | shares |
| STRIVE INCSTRIVE INC | 10,702 | $26.8K | shares |
| BENEFICIENTBENEFICIENT | 23,769 | $22.6K | shares |
| SNTISENTI BIOSCIENCES INC | 15,968 | $22.5K | shares |
| SCANTECH AI SYS INCSCANTECH AI SYS INC | 54,051 | $22.4K | shares |
| IOTHREE LTDIOTHREE LTD | 57,744 | $22K | shares |
| FFAIFARADAY FUTURE INTLGT ELEC I | 16,915 | $22K | shares |
| GORVLAZYDAYS HLDGS INC | 10,470 | $21.8K | shares |
| IPOWER INCIPOWER INC | 33,061 | $17.1K | shares |
| MYOMYOMO INC | 18,890 | $16.9K | shares |
| SMSISMITH MICRO SOFTWARE INC | 22,741 | $16.4K | shares |
| INCANNEX HEALTHCARE INCINCANNEX HEALTHCARE INC | 33,859 | $15.7K | shares |
| SGLYSINGULARITY FUTURE TECH LTD | 11,595 | $15.5K | shares |
| GOGORO INCGOGORO INC | 51,138 | $15.4K | shares |
| TPETTRIO PETROLEUM CORP | 14,510 | $15.2K | shares |
| AETHLON MED INCAETHLON MED INC | 20,270 | $15.2K | shares |
| BRNBARNWELL INDS INC | 11,416 | $14.8K | shares |
| TEN HLDGS INC COM USD0.0001TEN HLDGS INC COM USD0.0001 | 41,404 | $14.8K | shares |
| MSSMAISON SOLUTIONS INC | 12,729 | $14.5K | shares |
| KAVLKAIVAL BRANDS INNOVATIONS GROU | 32,552 | $13.9K | shares |
| CAPSCAPSTONE HLDG CORP | 10,525 | $13.8K | shares |
| ATCHATLASCLEAR HOLDINGS INC | 24,266 | $12.4K | shares |
| OTLKOUTLOOK THERAPEUTICS INC | 11,356 | $12K | shares |
| BIOMX INCBIOMX INC | 19,125 | $10K | shares |
| ORIENTAL RISE HLDGS LTDORIENTAL RISE HLDGS LTD | 42,334 | $7.92K | shares |
| PROMIS NEUROSCIENCES INCPROMIS NEUROSCIENCES INC | 18,428 | $7.83K | shares |
| HARRISON GLOBAL HOLDINGS INCHARRISON GLOBAL HOLDINGS INC | 11,768 | $2.56K | shares |
| LNAILUNAI BIOWORKS INC | 16,417 | $2.14K | shares |
How Q4 2025 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0000899140-26-000232 | base | 2026-02-17 | acceptance time not in the bulk data set |