Verition Fund Management LLC
Follow13F filer, CIK 1454027, GREENWICH, CT
Verition Fund Management LLC reported $25,469,090,312 across 3,459 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-13. Its ten largest share positions make up 26.41% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001454027-26-000001
- Period
- 2025-12-31
- Reported value
- $25.5B
- Holdings
- 3,459
- Top 10 weight
- 26.41%
- New
- 376
- Sold out
- 638
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| TSLAadded | +1,305,886 | $587M |
| SPYadded | +844,797 | $576M |
| AMZNadded | +1,303,680 | $301M |
| IVVadded | +376,110 | $258M |
| WBDadded | +4,906,945 | $141M |
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 |
|---|---|---|
| LLYreduced | -233,084 | -$250M |
| QQQreduced | -162,669 | -$99.9M |
| BKLNexited | -3,800,000 | -$79.5M |
| LQDreduced | -695,065 | -$76.6M |
| Kexited | -915,799 | -$75.1M |
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.
Back to all 2,702 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).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| PINSPINTEREST INC Stock | call | 32,600 | $844K | -79,000 |
| TMETENCENT MUSIC ENTMT GROUP ADR | call | 47,500 | $833K | -11,900 |
| NNNEXTNAV INC COMMON STOCK | call | 50,000 | $832K | new |
| OMFONEMAIN HLDGS INC Stock | put | 12,300 | $831K | -17,700 |
| KRKROGER CO Stock | put | 13,200 | $825K | -93,000 |
| CVXCHEVRON CORPORATION COM | put | 5,400 | $823K | -43,800 |
| CELHCELSIUS HLDGS INC COM NEW | call | 17,800 | $814K | -84,800 |
| SYMSYMBOTIC INC CLASS A COM | call | 13,500 | $803K | -200 |
| STLDSTEEL DYNAMICS INC Stock | call | 4,700 | $796K | -23,100 |
| RHRH COM | call | 4,400 | $788K | 0 |
| CCICROWN CASTLE INC REIT | put | 8,800 | $782K | -6,900 |
| VEEVVEEVA SYS INC Stock | put | 3,500 | $781K | -30,600 |
| AGFIRST MAJESTIC SILVER CORP COM | call | 46,400 | $773K | -32,600 |
| MTCHMATCH GROUP INC NEW COM | put | 23,700 | $765K | -50,600 |
| GNRCGENERAC HLDGS INC COM | call | 5,600 | $764K | -27,300 |
| VALEVALE S A SPONSORED ADS | put | 58,200 | $758K | -528,600 |
| FITBFIFTH THIRD BANCORP Stock | put | 16,200 | $758K | -80,600 |
| DRIDARDEN RESTAURANTS INC Stock | put | 4,100 | $754K | -12,000 |
| DKSDICKS SPORTING GOODS INC Stock | call | 3,800 | $752K | -17,500 |
| PGRPROGRESSIVE CORP COM | put | 3,300 | $751K | -6,300 |
| FISFIDELITY NATL INFORMATION SV Stock | put | 11,300 | $751K | -26,700 |
| NGLNGL ENERGY PARTNERS LP COM UNIT REPST | call | 75,000 | $750K | new |
| CVXCHEVRON CORPORATION COM | call | 4,900 | $747K | -44,400 |
| SHWSHERWIN WILLIAMS CO COM | put | 2,300 | $745K | -14,500 |
| MAMASTERCARD INCORPORATED COM | put | 1,300 | $742K | -14,700 |
| KOCOCA COLA CO COM | put | 10,600 | $741K | -64,100 |
| LNCLINCOLN NATL CORP IND Stock | put | 16,400 | $730K | -20,400 |
| TOLTOLL BROTHERS INC Stock | put | 5,400 | $730K | -1,000 |
| COFCAPITAL ONE FINL CORP COM | call | 3,000 | $727K | -4,800 |
| DUKDUKE ENERGY CORP NEW COM | put | 6,200 | $727K | -46,500 |
| WMTWALMART INC COM | call | 6,500 | $724K | -17,700 |
| ARMARM HOLDINGS PLC SPONSORED ADS | put | 6,600 | $721K | 0 |
| DOWDOW HLDGS INC Stock | call | 30,600 | $715K | -307,600 |
| BBAIBIGBEAR AI HLDGS INC Stock | put | 132,200 | $714K | -40,500 |
| FLEXFLEX LTD Stock | put | 11,700 | $707K | -2,300 |
| CARAVIS BUDGET GROUP INC COM | call | 5,500 | $706K | -2,400 |
| DUKDUKE ENERGY CORP NEW COM | call | 6,000 | $703K | -27,100 |
| BTUPEABODY ENGR CORP COM | call | 23,100 | $686K | -55,600 |
| FCXFREEPORT MCMORAN INC Stock | put | 13,500 | $686K | -201,300 |
| MCDMCDONALDS CORP COM | call | 2,200 | $672K | -18,600 |
| BMYBRISTOL-MYERS SQUIBB CO COM | call | 12,400 | $669K | -38,700 |
| NUENUCOR CORP Stock | put | 4,100 | $669K | -2,100 |
| OIHVANECK ETF TRUST OIL SERVICES ETF | call | 2,300 | $655K | new |
| TMETENCENT MUSIC ENTMT GROUP ADR | put | 36,000 | $631K | 0 |
| COFCAPITAL ONE FINL CORP COM | put | 2,600 | $630K | -3,700 |
| GEGE AEROSPACE COM | call | 2,000 | $616K | -3,300 |
| SHWSHERWIN WILLIAMS CO COM | call | 1,900 | $616K | -12,000 |
| XLPSELECT SECTOR SPDR TR STATE STREET CON | put | 7,900 | $614K | new |
| MDLZMONDELEZ INTL INC COM | put | 11,400 | $614K | -44,100 |
| SLVISHARES SILVER TR COM | call | 9,500 | $612K | -302,700 |
| DASHDOORDASH INC Stock | call | 2,700 | $611K | -24,700 |
| IONQIONQ INC Stock | put | 13,600 | $610K | -300 |
| PSXPHILLIPS 66 Stock | call | 4,700 | $606K | -13,100 |
| RCATRED CAT HLDGS INC COM | put | 75,900 | $602K | 0 |
| SEMRSEMRUSH HLDGS INC Stock | put | 50,300 | $598K | new |
| AFLAFLAC INC Stock | call | 5,400 | $595K | -32,600 |
| STNESTONECO LTD COM CL A | put | 40,200 | $595K | -24,200 |
| GLNGGOLAR LNG LTD SHS | put | 15,900 | $592K | -44,600 |
| YUMYUM BRANDS INC Stock | call | 3,900 | $590K | -32,000 |
| LYFTLYFT INC CL A COM | put | 30,400 | $589K | -13,400 |
| CZRCAESARS ENTERTAINMENT INC NE COM | call | 25,100 | $587K | -30,500 |
| MOALTRIA GROUP INC COM | call | 10,100 | $582K | -79,400 |
| TFCTRUIST FINL CORP Stock | put | 11,800 | $581K | -130,900 |
| STTSTATE STR CORP Stock | put | 4,500 | $581K | -27,200 |
| HLTHILTON WORLDWIDE HLDGS INC Stock | call | 2,000 | $574K | -10,400 |
| VZVERIZON COMMUNICATIONS INC COM | call | 13,900 | $566K | -120,600 |
| TAPMOLSON COORS BEVERAGE CO Stock | call | 12,100 | $565K | -6,000 |
| GLNGGOLAR LNG LTD SHS | call | 15,100 | $562K | -36,700 |
| LULULULULEMON ATHLETICA INC COM | call | 2,700 | $561K | 0 |
| URBNURBAN OUTFITTERS INC COM | put | 7,400 | $557K | 0 |
| AAALCOA CORP Stock | put | 10,400 | $553K | -33,300 |
| LUVSOUTHWEST AIRLS CO STOK | put | 13,200 | $546K | -16,400 |
| PNCPNC FINL SVCS GROUP INC Stock | put | 2,600 | $543K | -35,300 |
| GSKGSK PLC ADR | call | 11,000 | $539K | -2,600 |
| KOCOCA COLA CO COM | call | 7,700 | $538K | -70,600 |
| ETRENTERGY CORP NEW Stock | call | 5,800 | $536K | -2,400 |
| BKNGBOOKING HOLDINGS INC COM | call | 100 | $536K | -800 |
| BLKBLACKROCK INC COM | put | 500 | $535K | -7,800 |
| DRIDARDEN RESTAURANTS INC Stock | call | 2,900 | $534K | -9,200 |
| BILIBILIBILI INC ADR | call | 21,700 | $534K | -71,000 |
| RDWREDWIRE CORPORATION COM | put | 69,500 | $528K | new |
| VVISA INC COM | call | 1,500 | $526K | -14,900 |
| ICEINTERCONTINENTAL EXCHANGE IN COM | call | 3,200 | $518K | -14,000 |
| HLTHILTON WORLDWIDE HLDGS INC Stock | put | 1,800 | $517K | -18,000 |
| WDAYWORKDAY INC Stock | put | 2,400 | $515K | -20,600 |
| TSCOTRACTOR SUPPLY CO Stock | call | 10,300 | $515K | -94,400 |
| IVZINVESCO LTD Stock | put | 19,500 | $512K | -1,700 |
| ALLYALLY FINL INC Stock | put | 11,300 | $512K | -14,800 |
| SESEA LTD SPONSORD ADS | call | 4,000 | $510K | -37,700 |
| ETNEATON CORP PLC COM | put | 1,600 | $510K | -4,100 |
| LOWLOWES COS INC COM | call | 2,100 | $506K | -27,900 |
| SGISOMNIGROUP INTERNATIONAL INC Stock | call | 5,600 | $500K | -12,000 |
| GISGENERAL MILLS INC Stock | put | 10,600 | $493K | -2,800 |
| STTSTATE STR CORP Stock | call | 3,800 | $490K | -20,200 |
| BDXBECTON DICKINSON & CO COM | call | 2,500 | $485K | -5,900 |
| CODICOMPASS DIVERSIFIED COMMON STOCK | call | 100,000 | $480K | new |
| OMFONEMAIN HLDGS INC Stock | call | 7,100 | $480K | -30,500 |
| CROXCROCS INC Stock | put | 5,600 | $479K | -11,200 |
| SHAKSHAKE SHACK INC CL A | call | 5,900 | $479K | -5,600 |
| XPEVXPENG INC ADR | put | 23,600 | $479K | new |
| DBRGDIGITALBRIDGE GROUP INC CL A NEW | call | 30,500 | $468K | new |
| FOXAFOX CORP Stock | put | 6,400 | $468K | -18,700 |
| EDCONSOLIDATED EDISON INC COM | put | 4,700 | $467K | -19,200 |
| BURLBURLINGTON STORES INC Stock | put | 1,600 | $462K | -14,600 |
| SYFSYNCHRONY FINANCIAL STOK | call | 5,500 | $459K | -9,900 |
| RRCRANGE RES CORP Stock | call | 13,000 | $458K | -52,000 |
| JBLUJETBLUE AIRWAYS CORP COM | put | 100,000 | $455K | 0 |
| BSXBOSTON SCIENTIFIC CORP COM | put | 4,700 | $448K | -57,100 |
| EDCONSOLIDATED EDISON INC COM | call | 4,500 | $447K | -12,400 |
| RCLROYAL CARIBBEAN GROUP Stock | put | 1,600 | $446K | -10,400 |
| FOXAFOX CORP Stock | call | 6,100 | $446K | -10,400 |
| WELLWELLTOWER INC REIT | put | 2,400 | $445K | -5,000 |
| PEPPEPSICO INC COM | call | 3,100 | $445K | -40,800 |
| SOSOUTHERN CO COM | call | 5,100 | $445K | -43,700 |
| LITELUMENTUM HLDGS INC Stock | put | 1,200 | $442K | -200 |
| RCATRED CAT HLDGS INC COM | call | 55,600 | $441K | +2,500 |
| BNTXBIONTECH SE ADR | call | 4,600 | $438K | -14,800 |
| UNMUNUM GROUP Stock | call | 5,600 | $434K | -3,800 |
| TXNTEXAS INSTRS INC COM | put | 2,500 | $434K | -7,800 |
| ETSYETSY INC COM | put | 7,700 | $427K | -25,600 |
| BENFRANKLIN TEMPLETON INC Stock | call | 17,800 | $425K | -2,900 |
| VVISA INC COM | put | 1,200 | $421K | -14,800 |
| SYYSYSCO CORP COM | call | 5,700 | $420K | -43,200 |
| MGMMGM RESORTS INTERNATIONAL COM | call | 11,500 | $420K | -7,700 |
| MGMMGM RESORTS INTERNATIONAL COM | put | 11,200 | $409K | -7,000 |
| PLDPROLOGIS INC. COM | call | 3,200 | $409K | -14,000 |
| YUMYUM BRANDS INC Stock | put | 2,700 | $408K | -27,500 |
| LUNRINTUITIVE MACHINES INC CLASS A COM | call | 25,000 | $406K | new |
| FDXFEDEX CORP Stock | call | 1,400 | $404K | -5,400 |
| HALHALLIBURTON CO Stock | put | 14,300 | $404K | -142,000 |
| MELIMERCADOLIBRE INC STOK | put | 200 | $403K | -3,600 |
| PEPPEPSICO INC COM | put | 2,800 | $402K | -21,700 |
| CRMSALESFORCE INC COM | put | 1,500 | $397K | -11,100 |
| METAMETA PLATFORMS INC COM | call | 600 | $396K | -10,200 |
| VOYGVOYAGER TECHNOLOGIES INC COM CL A | put | 15,000 | $392K | new |
| DXCMDEXCOM INC Stock | put | 5,900 | $392K | -85,900 |
| USBUS BANCORP COM NEW | call | 7,300 | $390K | -61,700 |
| PMPHILIP MORRIS INTL INC COM | put | 2,400 | $385K | -28,100 |
| HYGISHARES TR IBOXX HI YD ETF | call | 4,700 | $379K | -995,300 |
| MTARCELORMITTAL SA LUXEMBOURG ADR | call | 8,200 | $374K | 0 |
| MOSMOSAIC CO Stock | put | 15,200 | $366K | -151,300 |
| SBSWSIBANYE STILLWATER LTD ADR | put | 25,200 | $359K | -46,500 |
| TFCTRUIST FINL CORP Stock | call | 7,200 | $354K | -93,200 |
| LCIDLUCID GROUP INC Stock | call | 33,500 | $354K | -8,000 |
| TGTTARGET CORP Stock | call | 3,600 | $352K | 0 |
| ETNEATON CORP PLC COM | call | 1,100 | $350K | -800 |
| RKLBROCKET LAB CORP STOK | call | 5,000 | $349K | new |
| NEENEXTERA ENERGY INC COM | put | 4,300 | $345K | -6,700 |
| TPRTAPESTRY INC Stock | put | 2,700 | $345K | -13,000 |
| EXCEXELON CORP Stock | call | 7,900 | $344K | -91,500 |
| SJMSMUCKER J M CO COM NEW | put | 3,500 | $342K | 0 |
| LYVLIVE NATION ENTERTAINMENT IN Stock | put | 2,400 | $342K | -5,100 |
| ABNBAIRBNB INC COM | call | 2,500 | $339K | -36,900 |
| PFEPFIZER INC COM | put | 13,600 | $339K | -66,400 |
| RCLROYAL CARIBBEAN GROUP Stock | call | 1,200 | $335K | -4,800 |
| INTUINTUIT COM | put | 500 | $331K | -3,400 |
| NXPINXP SEMICONDUCTORS N V Stock | put | 1,500 | $326K | -6,800 |
| HPEHEWLETT PACKARD ENTERPRISE C Stock | call | 13,400 | $322K | 0 |
| KKRKKR & CO INC COM | put | 2,500 | $319K | -5,500 |
| XIFRXPLR INFRASTRUCTURE LP COM UNIT PART IN | call | 31,500 | $315K | new |
| LOWLOWES COS INC COM | put | 1,300 | $314K | -23,500 |
| FSLRFIRST SOLAR INC Stock | call | 1,200 | $313K | 0 |
| SHAKSHAKE SHACK INC CL A | put | 3,800 | $308K | -11,500 |
| CROXCROCS INC Stock | call | 3,500 | $299K | -10,100 |
| SVIASILVIA INC Common Stock | put | 84,100 | $297K | new |
| PLUGPLUG PWR INC COM NEW | put | 149,000 | $294K | new |
| PLNTPLANET FITNESS MASTER ISSUER Stock | call | 2,700 | $293K | -15,900 |
| SPOTSPOTIFY TECHNOLOGY S A STOK | put | 500 | $290K | -6,000 |
| BULLWEBULL CORP ORD SHS | call | 36,500 | $284K | -253,800 |
| SYKSTRYKER CORPORATION COM | put | 800 | $281K | -14,400 |
| EQTEQT CORP Stock | call | 5,200 | $279K | -80,300 |
| ETRENTERGY CORP NEW Stock | put | 3,000 | $277K | -4,600 |
| NUENUCOR CORP Stock | call | 1,700 | $277K | -100 |
| BLBLACKLINE INC COM | call | 4,900 | $271K | new |
| YETIYETI HLDGS INC Stock | call | 6,100 | $269K | -24,800 |
| CLXCLOROX CO DEL COM | put | 2,600 | $262K | -14,100 |
| WHRWHIRLPOOL CORP Stock | put | 3,600 | $260K | -11,400 |
| UPSUNITED PARCEL SVCS INC COM | put | 2,600 | $258K | 0 |
| BCSBARCLAYS PLC ADR | put | 10,000 | $254K | -5,600 |
| SESEA LTD SPONSORD ADS | put | 1,900 | $242K | -67,700 |
| CLCOLGATE PALMOLIVE CO Stock | put | 3,000 | $237K | -48,700 |
| COPCONOCOPHILLIPS COM | call | 2,500 | $234K | -56,800 |
| AMPLAMPLITUDE INC Stock | call | 20,000 | $232K | +10,000 |
| HUMHUMANA INC Stock | call | 900 | $231K | 0 |
| PLYMPLYMOUTH INDUSTRIAL REIT INC REIT | call | 10,500 | $230K | new |
| FITBFIFTH THIRD BANCORP Stock | call | 4,900 | $229K | -72,600 |
| BBYBEST BUY INC Stock | call | 3,300 | $221K | -56,000 |
| PSNYPOLESTAR AUTOMOTIVE HLDG UK ADR | call | 10,300 | $220K | new |
| SYKSTRYKER CORPORATION COM | call | 600 | $211K | -10,200 |
| SBUXSTARBUCKS CORP COM | call | 2,500 | $211K | -4,500 |
| KBHKB HOME COM | call | 3,700 | $209K | -28,300 |
| ALGNALIGN TECHNOLOGY INC Stock | put | 1,300 | $203K | -3,100 |
| APOAPOLLO GLOBAL MGMT INC Stock | call | 1,400 | $203K | -22,400 |
| FRMIFERMI INC COM | call | 25,000 | $200K | new |
| BYNDBEYOND MEAT INC COM | put | 233,500 | $191K | new |
| DFDVDEFI DEVELOPMENT CORP COM | put | 36,300 | $183K | 0 |
| ALTALTIMMUNE INC COM NEW | put | 50,000 | $180K | 0 |
| EOSEEOS ENERGY ENTERPRISES INC Stock | call | 15,000 | $172K | -85,000 |
| LILI AUTO INC ADR | put | 10,100 | $171K | -184,300 |
| RRRICHTECH ROBOTICS INC CL B | call | 50,000 | $162K | new |
| FUBOFUBOTV INC COM | put | 62,000 | $156K | 0 |
| AGNCAGNC INVT CORP REIT | put | 12,900 | $138K | -161,500 |
| NEXTNEXTDECADE CORP COM | call | 25,000 | $132K | 0 |
| NFENEW FORTRESS ENERGY INC COM CL A | call | 80,000 | $91.2K | 0 |
| SLSSELLAS LIFE SCIENCES GROUP I COM NEW | put | 19,500 | $73.5K | new |
| FLNAFILANA THERAPEUTICS INC CMN | put | 27,700 | $54.8K | 0 |
| SLSSELLAS LIFE SCIENCES GROUP I COM NEW | call | 13,000 | $49K | new |
| NAKANAKAMOTO INC Common Stock | put | 55,600 | $19.5K | -125,800 |
| BYNDBEYOND MEAT INC COM | call | 14,500 | $11.9K | 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 |
|---|---|---|---|---|
| STRATEGY INCSTRATEGY INC NOTE12/0 | principal | 90,000,000 | $74.1M | new |
| TXNM ENERGY INCTXNM ENERGY INC NOTE 5.750% 6/0 | principal | 40,000,000 | $53.8M | 0 |
| JD.COM INCJD.COM INC NOTE 0.250% 6/0 | principal | 49,400,000 | $49.6M | +5,400,000 |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 39,500,000 | $39.1M | 0 |
| AFFIRM HLDGS INCAFFIRM HLDGS INC NOTE 0.750%12/1 | principal | 32,541,000 | $36.1M | new |
| EVERGY INCEVERGY INC NOTE 4.500%12/1 | principal | 27,500,000 | $33.5M | 0 |
| SUPER MICRO COMPUTER INCSUPER MICRO COMPUTER INC NOTE 3.500% 3/0 | principal | 35,000,000 | $31.2M | +2,500,000 |
| ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 | principal | 20,000,000 | $31.1M | -2,500,000 |
| COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.250% 4/0 | principal | 30,000,000 | $30.8M | 0 |
| SNAP INCSNAP INC NOTE 0.125% 3/0 | principal | 30,289,000 | $27.5M | 0 |
| FIVE9 INCFIVE9 INC CNV | principal | 27,500,000 | $24.8M | +3,500,000 |
| ETSY INCETSY INC NOTE 0.125% 9/0 | principal | 23,500,000 | $21.8M | -1,500,000 |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 1/1 | principal | 21,495,000 | $21.5M | -3,505,000 |
| PINNACLE WEST CAP CORPPINNACLE WEST CAP CORP CNV | principal | 20,000,000 | $21.4M | 0 |
| BILL HOLDINGS INCBILL HOLDINGS INC NOTE 4/0 | principal | 22,000,000 | $20.3M | new |
| BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC NOTE 1.250% 5/1 | principal | 20,000,000 | $19.2M | new |
| AFFIRM HLDGS INCAFFIRM HLDGS INC NOTE 11/1 | principal | 19,659,000 | $19M | -2,915,000 |
| DRAFTKINGS INC NEWDRAFTKINGS INC NEW CNV | principal | 20,000,000 | $18.3M | new |
| CONFLUENT INCCONFLUENT INC NOTE 1/1 | principal | 18,353,000 | $17.9M | +8,500,000 |
| BILL HOLDINGS INCBILL HOLDINGS INC NOTE 4/0 | principal | 18,000,000 | $17.1M | -2,000,000 |
| WEC ENERGY GROUP INCWEC ENERGY GROUP INC NOTE 4.375% 6/0 | principal | 15,000,000 | $17M | 0 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 15,000,000 | $14.9M | new |
| BLOCK INCBLOCK INC NOTE 5/0 | principal | 15,000,000 | $14.8M | new |
| WEC ENERGY GROUP INCWEC ENERGY GROUP INC Convertible | principal | 12,500,000 | $14.6M | 0 |
| SOUTHERN COSOUTHERN CO NOTE 4.500% 6/1 | principal | 12,500,000 | $13.4M | 0 |
| NIO INCNIO INC NOTE 3.875%10/1 | principal | 14,000,000 | $13.2M | 0 |
| LIVANOVA PLCLIVANOVA PLC NOTE 2.500% 3/1 | principal | 11,331,000 | $13.1M | -10,769,000 |
| TRIP COM GROUP LTDTRIP COM GROUP LTD NOTE 0.750% 6/1 | principal | 10,000,000 | $12.3M | 0 |
| LI AUTO INCLI AUTO INC NOTE 0.250% 5/0 | principal | 11,120,000 | $11.3M | 0 |
| GUIDEWIRE SOFTWARE INCGUIDEWIRE SOFTWARE INC NOTE 1.250%11/0 | principal | 10,000,000 | $11M | new |
| CENTERPOINT ENERGY INCCENTERPOINT ENERGY INC NOTE 4.250% 8/1 | principal | 10,000,000 | $11M | 0 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/0 | principal | 10,000,000 | $10.3M | new |
| LITHIUM ARGENTINA AGLITHIUM ARGENTINA AG NOTE 1.750% 1/1 | principal | 11,071,000 | $10.2M | 0 |
| Dropbox IncDropbox Inc Convertible bond | principal | 10,000,000 | $9.93M | new |
| AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS A | principal | 10,000,000 | $9.92M | new |
| OKTA INCOKTA INC NOTE 0.375% 6/1 | principal | 10,000,000 | $9.81M | new |
| SEA LTDSEA LTD NOTE 0.250% 9/1 | principal | 10,000,000 | $9.72M | -32,500,000 |
| VAIL RESORTS INCVAIL RESORTS INC NOTE 1/0 | principal | 8,000,000 | $8M | 0 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD Convertible | principal | 5,000,000 | $6.67M | new |
| RAPID7 INCRAPID7 INC NOTE 1.250% 3/1 | principal | 6,000,000 | $5.49M | 0 |
| BOX INCBOX INC NOTE 1.500% 9/1 | principal | 5,000,000 | $4.88M | 0 |
| SNAP INCSNAP INC NOTE 5/0 | principal | 4,634,000 | $4.32M | +634,000 |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN Convertible | principal | 4,000,000 | $4.21M | new |
| MARA HOLDINGS INCMARA HOLDINGS INC NOTE 6/0 | principal | 5,000,000 | $4.18M | new |
| CLEANSPARK INCCLEANSPARK INC NOTE 6/1 | principal | 3,000,000 | $3.12M | new |
| CSG SYS INTL INCCSG SYS INTL INC NOTE 3.875% 9/1 | principal | 2,000,000 | $2.37M | -2,000,000 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 2,000,000 | $1.84M | new |
| SSR Mining IncSSR Mining Inc Convertible bond | principal | 130,000 | $171K | 0 |
Sold out in Q4 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
The largest 100 of 638. All 638
| Security | Shares before | Value before | Type |
|---|---|---|---|
| LLYELI LILLY & CO | 225,300 | $172M | put |
| LQDISHARES TR | 1,200,000 | $134M | call |
| BKLNINVESCO EXCH TRADED FD TR II | 3,800,000 | $79.5M | shares |
| KKELLANOVA | 915,799 | $75.1M | shares |
| VERONA PHARMA PLCVERONA PHARMA PLC | 517,012 | $55.2M | shares |
| ASHRDBX ETF TR | 1,500,000 | $49.5M | call |
| MERUS N VMERUS N V | 498,900 | $47M | shares |
| XLESELECT SECTOR SPDR TR | 500,000 | $44.7M | call |
| FEZSPDR INDEX SHS FDS | 700,000 | $43.5M | put |
| FEZSPDR INDEX SHS FDS | 700,000 | $43.5M | call |
| MR COOPER GROUP INCMR COOPER GROUP INC | 204,693 | $43.1M | shares |
| EEMISHARES TR | 500,100 | $26.7M | put |
| ALEALLETE INC | 391,318 | $26M | shares |
| SNOWFLAKE INCSNOWFLAKE INC | 16,862,000 | $25.6M | principal |
| BLOCK INCBLOCK INC | 24,500,000 | $22.4M | principal |
| INTERPUBLIC GROUP COSINTERPUBLIC GROUP COS | 750,176 | $20.9M | shares |
| INTEGRAL AD SCIENCE HLDNG COINTEGRAL AD SCIENCE HLDNG CO | 1,948,970 | $19.8M | shares |
| SPRSPIRIT AEROSYSTEMS HLDGS INC | 500,236 | $19.3M | shares |
| VERITEX HLDGS INCVERITEX HLDGS INC | 549,802 | $18.4M | shares |
| SLVISHARES SILVER TR | 413,400 | $17.5M | put |
| XRTSPDR SERIES TRUST | 200,000 | $17.2M | call |
| ESSESSEX PPTY TR INC | 58,101 | $15.6M | shares |
| FCXFREEPORT MCMORAN INC | 382,400 | $15M | call |
| PRIMPRIMORIS SVCS CORP | 108,659 | $14.9M | shares |
| CABLE ONE INCCABLE ONE INC | 14,758,000 | $14.4M | principal |
| WALWESTERN ALLIANCE BANCORP | 165,053 | $14.3M | shares |
| PPL CAP FDG INCPPL CAP FDG INC | 12,500,000 | $14.3M | principal |
| IVTINVENTRUST PPTYS CORP | 468,384 | $13.4M | shares |
| OGSONE GAS INC | 161,685 | $13.1M | shares |
| JKHYHENRY JACK & ASSOC INC | 81,193 | $12.1M | shares |
| RDDTREDDIT INC | 50,000 | $11.5M | call |
| Sandstorm Gold LtdSandstorm Gold Ltd | 885,825 | $11.1M | shares |
| XHBSPDR SERIES TRUST | 100,000 | $11.1M | put |
| MKLYUMCKINLEY ACQUISITION CORP | 1,100,000 | $11M | shares |
| CMS ENERGY CORPCMS ENERGY CORP | 10,000,000 | $11M | principal |
| BDCIUBTC DEV CORP | 1,000,000 | $10.1M | shares |
| PANWPALO ALTO NETWORKS INC | 49,600 | $10.1M | call |
| LLYVKLIBERTY MEDIA CORP DEL | 103,573 | $10M | shares |
| TRPTC ENERGY CORP | 183,788 | $10M | shares |
| XYZBLOCK INC | 136,800 | $9.89M | put |
| RRYDER SYS INC | 50,648 | $9.55M | shares |
| DEIDOUGLAS EMMETT INC | 590,319 | $9.19M | shares |
| MERIDIANLINK INCMERIDIANLINK INC | 445,731 | $8.88M | shares |
| TECKTECK RESOURCES LTD | 200,000 | $8.78M | call |
| WITWIPRO LTD | 3,308,080 | $8.7M | shares |
| QUBTQUANTUM COMPUTING INC | 470,229 | $8.66M | shares |
| XRTSPDR SERIES TRUST | 100,000 | $8.62M | shares |
| IBMINTERNATIONAL BUSINESS MACHS | 29,400 | $8.3M | put |
| MBVIUM3-BRIGADE ACQUISITION VI CO | 812,384 | $8.22M | shares |
| KKELLANOVA | 100,000 | $8.2M | put |
| WNS HLDGS LTD COM SHSWNS HLDGS LTD COM SHS | 100,392 | $7.66M | shares |
| BKNGBOOKING HOLDINGS INC | 1,400 | $7.56M | put |
| CNICANADIAN NATL RY CO | 78,715 | $7.42M | shares |
| DBXDROPBOX INC | 239,112 | $7.22M | shares |
| KKELLANOVA | 87,500 | $7.18M | call |
| WELLS FARGO & COWELLS FARGO & CO | 5,662,000 | $7.02M | principal |
| NKENIKE INC | 100,000 | $6.97M | call |
| WPCWP CAREY INC | 102,977 | $6.96M | shares |
| GGALGRUPO FINANCIERO GALICIA S.A | 250,000 | $6.89M | call |
| ARKKARK ETF TR | 78,443 | $6.77M | shares |
| BLKBLACKROCK INC | 5,800 | $6.76M | call |
| SPYSTATE STR SPDR S&P 500 ETF T | 10,000 | $6.66M | call |
| VXXBARCLAYS BANK PLC | 200,000 | $6.63M | put |
| PANWPALO ALTO NETWORKS INC | 32,200 | $6.56M | put |
| CSCOCISCO SYS INC | 94,800 | $6.49M | call |
| ODPTHE ODP CORP | 232,734 | $6.48M | shares |
| LGNLEGENCE CORP | 208,000 | $6.41M | shares |
| TMOTHERMO FISHER SCIENTIFIC INC | 12,500 | $6.06M | call |
| DTEDTE ENERGY CO | 42,653 | $6.03M | shares |
| SCSSTEELCASE INC-CLASS A | 345,779 | $5.95M | shares |
| LXPLXP INDUSTRIAL TRUST | 656,936 | $5.89M | shares |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD | 5,500,000 | $5.86M | principal |
| HSICSCHEIN HENRY INC | 87,330 | $5.8M | shares |
| FROGJFROG LTD | 119,294 | $5.65M | shares |
| SPGSIMON PPTY GROUP INC NEW | 29,700 | $5.57M | call |
| HVMCUHIGHVIEW MERGER CORP | 550,050 | $5.57M | shares |
| EOSEEOS ENERGY ENTERPRISES INC | 470,600 | $5.36M | put |
| NHINATIONAL HEALTH INVS INC | 66,805 | $5.31M | shares |
| METMETLIFE INC | 63,600 | $5.24M | put |
| FASTFASTENAL CO | 106,400 | $5.22M | call |
| ZEEKR INTELLIGENT TECHNOLOGYZEEKR INTELLIGENT TECHNOLOGY | 170,326 | $5.19M | shares |
| GRMNGARMIN LTD | 21,038 | $5.18M | shares |
| MAMASTERCARD INCORPORATED | 9,100 | $5.18M | call |
| XRTSPDR SERIES TRUST | 60,000 | $5.17M | put |
| VALEVALE S A | 472,200 | $5.13M | call |
| ZZILLOW GROUP INC | 66,400 | $5.12M | call |
| VEEVVEEVA SYS INC | 17,100 | $5.09M | call |
| KMBKIMBERLY-CLARK CORP | 40,400 | $5.02M | put |
| ABTABBOTT LABORATORIES | 37,200 | $4.98M | call |
| CMBTCMB.TECH NV | 529,283 | $4.97M | shares |
| NTRNUTRIEN LTD | 84,300 | $4.95M | call |
| PAYXPAYCHEX INC | 38,200 | $4.84M | put |
| CPNGCOUPANG INC | 150,000 | $4.83M | put |
| LATAUGALATA ACQUISITION CORP II | 483,850 | $4.83M | shares |
| BNBROOKFIELD CORP | 70,000 | $4.8M | call |
| DLTRDOLLAR TREE INC | 50,000 | $4.72M | call |
| CFLTCONFLUENT INC-CLASS A | 230,000 | $4.55M | call |
| KHCKRAFT HEINZ CO | 174,000 | $4.53M | put |
| BHFBRIGHTHOUSE FINL INC | 85,000 | $4.51M | put |
| MELIMERCADOLIBRE INC | 1,900 | $4.44M | call |
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 0001454027-26-000001 | base | 2026-02-13 | acceptance time not in the bulk data set |