ZAZOVE ASSOCIATES LLC
Follow13F filer, CIK 1009012, INCLINE VILLAGE, NV
ZAZOVE ASSOCIATES LLC reported $935,150,909 across 128 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-13. Its ten largest share positions make up 53.9% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001420506-24-002384
- Period
- 2024-09-30
- Reported value
- $935M
- Holdings
- 128
- Top 10 weight
- 53.9%
- New
- 21
- Sold out
- 25
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| WESTnew | +885,589 | $5.76M |
| ASTSnew | +20,200 | $528K |
| BRCCnew | +100,000 | $342K |
| GROYnew | +241,000 | $328K |
| INTUITIVE MACHINES INCnew | +108,000 | $268K |
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 |
|---|---|---|
| WESTROCK COFFEE COexited | -3,063,529 | -$6.6M |
| DJTWWexited | -101,190 | -$2.15M |
| GDLreduced | -177,700 | -$1.45M |
| STKLreduced | -222,242 | -$1.42M |
| HTZWWexited | -440,617 | -$1.1M |
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.
Holdings, Q3 2024
Share positions as resolved from 13F-HR 0001420506-24-002384, largest first. % of portfolio is the value over $935,150,909, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| KYNKAYNE ANDERSON ENERGY INFRST | 676,943 | $7.45M | 0.8% | -3,500 | Timeline | ||
| BHRBRAEMAR HOTELS & RESORTS INC | 2,101,511 | $6.49M | 0.69% | 0 | Timeline | ||
| WESTWESTROCK COFFEE CO | 885,589 | $5.76M | 0.62% | new | Timeline | ||
| GRNTGRANITE RIDGE RESOURCES INC | 932,055 | $5.54M | 0.59% | -104,266 | Timeline | ||
| UANCVR PARTNERS LP/CVR NITROGEN | 77,700 | $5.22M | 0.56% | 0 | Timeline | ||
| VUSBVANGUARD BD INDEX FDS | 100,000 | $4.99M | 0.53% | 0 | Timeline | ||
| URBAN ONE INCURBAN ONE INC | 3,647,063 | $4.05M | 0.43% | +174,478 | |||
| CCOCLEAR CHANNEL OUTDOOR HLDGS | 1,842,775 | $2.95M | 0.32% | -419,519 | Timeline | ||
| CMLSQCUMULUS MEDIA INC CL A COM 201 | 1,458,428 | $1.91M | 0.2% | 0 | Timeline | ||
| NET POWER INCNET POWER INC | 1,354,413 | $1.69M | 0.18% | +95,900 | |||
| GDLGDL FD | 200,522 | $1.63M | 0.17% | -177,700 | Timeline | ||
| STKLSUNOPTA INC | 250,000 | $1.59M | 0.17% | -222,242 | Timeline | ||
| ODVOSISKO DEVELOPMENT CORP | 607,152 | $1.29M | 0.14% | -18,048 | Timeline | ||
| RUMBWRUM GROUP INC | 1,116,370 | $1.28M | 0.14% | +300 | Timeline | ||
| TH INTERNATIONAL LIMITEDTH INTERNATIONAL LIMITED | 1,376,465 | $1.11M | 0.12% | 0 | |||
| PURECYCLE TECHNOLOGIES INCPURECYCLE TECHNOLOGIES INC | 378,757 | $1.09M | 0.12% | +35,074 | |||
| AMPXAMPRIUS TECHNOLOGIES INC | 969,931 | $1.08M | 0.12% | -134,478 | Timeline | ||
| URBAN ONE INCURBAN ONE INC | 559,561 | $985K | 0.11% | -1,298 | |||
| NUSCALE PWR CORPNUSCALE PWR CORP | 191,131 | $614K | 0.07% | +45,234 | |||
| LANDSEA HOMES CORPLANDSEA HOMES CORP | 2,189,616 | $602K | 0.06% | -4,732 | |||
| HTZHERTZ GLOBAL HLDGS INC | 162,417 | $536K | 0.06% | 0 | Timeline | ||
| ASTSAST SPACEMOBILE INC | 20,200 | $528K | 0.06% | new | Timeline | ||
| SKINSKINHEALTH SYSTEMS INC | 342,404 | $493K | 0.05% | 0 | Timeline | ||
| HDSNHUDSON TECHNOLOGIES INC | 56,250 | $469K | 0.05% | -68,750 | Timeline | ||
| BRCCBRC INC | 100,000 | $342K | 0.04% | new | Timeline | ||
| GROYGOLD ROYALTY CORP | 241,000 | $328K | 0.04% | new | Timeline | ||
| INTUITIVE MACHINES INCINTUITIVE MACHINES INC | 108,000 | $268K | 0.03% | new | |||
| ARKO CORPARKO CORP | 483,780 | $250K | 0.03% | +16,700 | |||
| RLJ LODGING TRRLJ LODGING TR | 9,266 | $242K | 0.03% | 0 | |||
| BILSPDR SERIES TRUST | 1,535 | $141K | 0.02% | -2,965 | Timeline | ||
| SGOVISHARES TR | 1,350 | $136K | 0.01% | -2,750 | Timeline | ||
| GCT SEMICONDUCTOR HLDG INCGCT SEMICONDUCTOR HLDG INC | 668,646 | $87K | 0.01% | 0 | |||
| ETENERGY TRANSFER L P | 5,000 | $80.2K | 0.01% | 0 | Timeline | ||
| EL PASO ENERGY CAP TR IEL PASO ENERGY CAP TR I | 1,321 | $63.7K | 0.01% | +887 | |||
| PSQ HOLDINGS INCPSQ HOLDINGS INC | 270,640 | $50.4K | 0.01% | 0 | |||
| PEOADAM NAT RES FD INC | 1,819 | $42.2K | <0.01% | +19 | Timeline | ||
| LANVIN GROUP HOLDINGS LIMITELANVIN GROUP HOLDINGS LIMITE | 1,334,846 | $34.1K | <0.01% | 0 | |||
| TEWST1 ENERGY INC | 346,411 | $25K | <0.01% | 0 | Timeline | ||
| PFIXSIMPLIFY EXCHANGE TRADED FUN | 604 | $24.8K | <0.01% | -11,250 | Timeline | ||
| ALGOMA STL GROUP INCALGOMA STL GROUP INC | 10,000 | $17.2K | <0.01% | 0 | |||
| RDZNWROADZEN INC | 150,602 | $12.5K | <0.01% | 0 | Timeline | ||
| JSPRWJASPER THERAPEUTICS INC | 65,456 | $12.4K | <0.01% | 0 | Timeline | ||
| PAYSAFE LIMITEDPAYSAFE LIMITED | 399,748 | $9.41K | <0.01% | 0 | |||
| SPWRWSUNPOWER INC | 25,171 | $6.61K | <0.01% | 0 | Timeline | ||
| MIRMIRION TECHNOLOGIES INC | 461 | $5.1K | <0.01% | 0 | Timeline | ||
| AIRJWAIRJOULE TECHNOLOGIES CORP | 9,100 | $4.01K | <0.01% | 0 | Timeline | ||
| AIIOWROBO.AI INC. | 64,571 | $2.59K | <0.01% | 0 | Timeline |
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 |
|---|---|---|---|---|
| VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 | principal | 63,320,000 | $77.1M | 0 |
| AMERICAN WTR CAP CORPAMERICAN WTR CAP CORP NOTE 3.625% 6/1 | principal | 64,625,000 | $66.3M | new |
| BOFA FIN LLCBOFA FIN LLC MTNF 0.600% 5/2 | principal | 57,442,000 | $63.7M | new |
| SIRIUSXM HOLDINGS INCSIRIUSXM HOLDINGS INC NOTE 3.750% 3/1 | principal | 47,154,000 | $48.7M | 0 |
| PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1 | principal | 45,150,000 | $47.9M | -2,000,000 |
| MGP INGREDIENTS INC NEWMGP INGREDIENTS INC NEW NOTE 1.875%11/1 | principal | 42,876,000 | $46M | -1,310,000 |
| DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND | principal | 41,390,000 | $43.9M | +3,925,000 |
| FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1 | principal | 44,600,000 | $43.7M | -1,545,000 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 34,030,000 | $34.6M | new |
| NUTANIX INCNUTANIX INC Convertible | principal | 26,860,000 | $32.1M | +5,000,000 |
| TYLER TEX INDPT SCH DISTTYLER TEX INDPT SCH DIST NOTE 0.250% 3/1 | principal | 22,704,000 | $27.8M | -500,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 12/1 | principal | 22,230,000 | $24.6M | +5,000,000 |
| ADVANCED ENERGY INDSADVANCED ENERGY INDS NOTE 2.500% 9/1 | principal | 20,905,000 | $22.1M | new |
| JBT MAREL CORPORATIONJBT MAREL CORPORATION NOTE 0.250% 5/1 | principal | 23,311,000 | $21.9M | -500,000 |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 18,250,000 | $18.2M | +12,251,000 |
| BRAEMAR HOTELS & RESORTS INCBRAEMAR HOTELS & RESORTS INC NOTE 4.500% 6/0 | principal | 18,140,000 | $17M | +100,000 |
| SOUTHERN COSOUTHERN CO NOTE 3.875%12/1 | principal | 15,000,000 | $16.7M | new |
| MIDDLEBY CORPMIDDLEBY CORP NOTE 1.000% 9/0 | principal | 13,600,000 | $15.7M | -9,995,000 |
| ASCENDIS PHARMA A/SASCENDIS PHARMA A/S Convertible bond | principal | 13,055,000 | $15.3M | -580,000 |
| SSR Mining IncSSR Mining Inc Convertible bond | principal | 15,865,000 | $15M | -15,400,000 |
| EQUINOX GOLD CORPEQUINOX GOLD CORP NOTE 4.750%10/1 | principal | 10,301,000 | $12.9M | new |
| VAREX IMAGING CORPVAREX IMAGING CORP NOTE 4.000% 6/0 | principal | 12,010,000 | $12M | 0 |
| BROOKDALE SR LIVING INCBROOKDALE SR LIVING INC NOTE 2.000%10/1 | principal | 10,730,000 | $11.4M | 0 |
| AMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INC NOTE 6.500% 7/0 | principal | 10,125,000 | $10.4M | -550,000 |
| NCL CORP LTDNCL CORP LTD NOTE 5.375% 8/0 | principal | 8,100,000 | $10M | -2,500,000 |
| CONMED CORPCONMED CORP NOTE 2.250% 6/1 | principal | 9,685,000 | $9M | -470,000 |
| PENN ENTERTAINMENT INCPENN ENTERTAINMENT INC NOTE 2.750% 5/1 | principal | 7,325,000 | $7.93M | 0 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1 | principal | 7,270,000 | $7.25M | -34,810,000 |
| NORTHERN OIL & GAS INCNORTHERN OIL & GAS INC NOTE 3.625% 4/1 | principal | 5,855,000 | $6.72M | 0 |
| INTERDIGITAL INCINTERDIGITAL INC NOTE 3.500% 6/0 | principal | 3,500,000 | $6.5M | -1,100,000 |
| CNX RES CORPCNX RES CORP NOTE 2.250% 5/0 | principal | 2,500,000 | $6.37M | 0 |
| CMS ENERGY CORPCMS ENERGY CORP NOTE 3.375% 5/0 | principal | 4,975,000 | $5.34M | 0 |
| ALLIANT ENERGY CORPALLIANT ENERGY CORP NOTE 3.875% 3/1 | principal | 5,000,000 | $5.24M | 0 |
| LANTHEUS HLDGS INCLANTHEUS HLDGS INC Convertible | principal | 2,500,000 | $3.89M | 0 |
| AIR TRANS SVCS GROUP INCAIR TRANS SVCS GROUP INC BOND | principal | 4,030,000 | $3.78M | new |
| ZILLOW GROUP INCZILLOW GROUP INC NOTE 1.375% 9/0 | principal | 2,500,000 | $3.75M | 0 |
| DATADOG INCDATADOG INC NOTE 0.125% 6/1 | principal | 2,870,000 | $3.73M | 0 |
| TRANSMEDICS GROUP INCTRANSMEDICS GROUP INC NOTE 1.500% 6/0 | principal | 1,910,000 | $3.53M | 0 |
| FLUOR CORPFLUOR CORP NOTE 1.125% 8/1 | principal | 2,490,000 | $3.04M | new |
| SUMMIT HOTEL PPTYSSUMMIT HOTEL PPTYS NOTE 1.500% 2/1 | principal | 3,201,000 | $3.03M | +100,000 |
| PEABODY ENGR CORPPEABODY ENGR CORP NOTE 3.250% 3/0 | principal | 2,000,000 | $3M | 0 |
| BLOOM ENERGY CORPBLOOM ENERGY CORP Bond | principal | 3,000,000 | $2.76M | 0 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 4.625% 3/1 | principal | 3,000,000 | $2.72M | 0 |
| NCL CORP LTDNCL CORP LTD BOND | principal | 2,500,000 | $2.43M | new |
| PAGERDUTY INCPAGERDUTY INC BOND | principal | 2,500,000 | $2.41M | 0 |
| POST HLDGS INCPOST HLDGS INC NOTE 2.500% 8/1 | principal | 2,000,000 | $2.38M | 0 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0 | principal | 2,000,000 | $2.03M | +280,000 |
| SEA LTDSEA LTD NOTE 2.375%12/0 | principal | 1,670,000 | $2.01M | +200,000 |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL NOTE 2.250% 8/1 | principal | 1,670,000 | $1.84M | 0 |
| INTEGER HLDGS CORPINTEGER HLDGS CORP NOTE 2.125% 2/1 | principal | 1,140,000 | $1.81M | 0 |
| ALTAIR ENGR INCALTAIR ENGR INC BOND | principal | 1,250,000 | $1.79M | 0 |
| CONFLUENT INCCONFLUENT INC NOTE 1/1 | principal | 2,000,000 | $1.77M | 0 |
| CUTERA INCCUTERA INC NOTE 4.000% 6/0 | principal | 7,775,000 | $1.39M | 0 |
| CHEFS WHSE INCCHEFS WHSE INC BOND | principal | 1,313,000 | $1.37M | 0 |
| SMART GLOBAL HLDGS INCSMART GLOBAL HLDGS INC BOND | principal | 1,000,000 | $1.21M | 0 |
| CUTERA INCCUTERA INC NOTE 2.250% 6/0 | principal | 7,140,000 | $1.16M | 0 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 | principal | 600,000 | $621K | -13,950,000 |
| RINGCENTRAL INCRINGCENTRAL INC NOTE 3/1 | principal | 589,000 | $540K | +100,000 |
| ENVESTNET INCENVESTNET INC NOTE 0.750% 8/1 | principal | 425,000 | $419K | new |
| PACIRA BIOSCIENCES INCPACIRA BIOSCIENCES INC NOTE 0.750% 8/0 | principal | 400,000 | $382K | +100,000 |
| FIVE9 INCFIVE9 INC NOTE 0.500% 6/0 | principal | 395,000 | $382K | +95,000 |
| SOLAREDGE TECHNOLOGIES INCSOLAREDGE TECHNOLOGIES INC NOTE 9/1 | principal | 400,000 | $374K | new |
| PENNYMAC CORPPENNYMAC CORP NOTE 5.500% 3/1 | principal | 382,000 | $372K | +95,000 |
| SNAP INCSNAP INC NOTE 0.125% 3/0 | principal | 460,000 | $368K | new |
| ZIFF DAVIS INCZIFF DAVIS INC NOTE 1.75% 11/01/2026 | principal | 394,000 | $367K | new |
| Esperion Therapeutics IncEsperion Therapeutics Inc NOTE 4.000%11/15/25 | principal | 375,000 | $357K | new |
| HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 3/0 | principal | 382,000 | $355K | +360,000 |
| CRACKER BARREL OLD CTRY STORCRACKER BARREL OLD CTRY STOR cv | principal | 354,000 | $326K | +105,000 |
| CABLE ONE INCCABLE ONE INC NOTE 3/1 | principal | 353,000 | $323K | +105,000 |
| BLOCK INCBLOCK INC NOTE 5/0 | principal | 349,000 | $323K | +100,000 |
| LYFT INCLYFT INC NOTE 1.500% 5/1 | principal | 302,000 | $295K | +95,000 |
| DEXCOM INCDEXCOM INC NOTE 0.250%11/1 | principal | 300,000 | $286K | -2,945,000 |
| SEA LTDSEA LTD NOTE 0.250% 9/1 | principal | 272,000 | $246K | +105,000 |
| CHEGG INCCHEGG INC NOTE 9/0 | principal | 314,000 | $239K | +115,000 |
| OKTA INCOKTA INC NOTE 0.375% 6/1 | principal | 242,000 | $225K | 0 |
| EXPEDIA GROUP INCEXPEDIA GROUP INC NOTE 2/1 | principal | 207,000 | $198K | 0 |
| NOVOCURE LTDNOVOCURE LTD NOTE 11/0 | principal | 158,000 | $149K | 0 |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV | principal | 105,000 | $93.4K | new |
| LIBERTY INTERACTIVE LLCLIBERTY INTERACTIVE LLC DEB 3.750% 2/1 | principal | 220,000 | $76.8K | 0 |
| CHEGG INCCHEGG INC NOTE 0.125% 3/1 | principal | 65,000 | $62.4K | new |
| FORUM ENERGY TECHNOLOGIES INFORUM ENERGY TECHNOLOGIES IN NOTE 9.000% 8/0 | principal | 57,232 | $56.5K | -56,100 |
Sold out in Q3 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| DEXCOM INCDEXCOM INC | 47,620,000 | $46.6M | principal |
| ALNYLAM PHARMACEUTICALS INCALNYLAM PHARMACEUTICALS INC | 20,430,000 | $22M | principal |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION | 18,752,000 | $19.1M | principal |
| PETIQ INCPETIQ INC | 15,885,000 | $17M | principal |
| SHIFT4 PMTS INCSHIFT4 PMTS INC | 9,085,000 | $8.6M | principal |
| WESTROCK COFFEE COWESTROCK COFFEE CO | 3,063,529 | $6.6M | shares |
| SOUTHWEST AIRLS COSOUTHWEST AIRLS CO | 4,185,000 | $4.19M | principal |
| INNOVATE CORPINNOVATE CORP | 11,643,000 | $4.03M | principal |
| PEBBLEBROOK HOTEL TRPEBBLEBROOK HOTEL TR | 3,130,000 | $2.77M | principal |
| GUARDANT HEALTH INCGUARDANT HEALTH INC | 3,270,000 | $2.52M | principal |
| ETSY INCETSY INC | 2,500,000 | $2.47M | principal |
| DJTWWTRUMP MEDIA & TECHNOLOGY GRO | 101,190 | $2.15M | shares |
| HTZWWHERTZ GLOBAL HLDGS INC | 440,617 | $1.1M | shares |
| MIRUM PHARMACEUTICALS INCMIRUM PHARMACEUTICALS INC | 800,000 | $1.07M | principal |
| ETSY INCETSY INC | 1,000,000 | $789K | principal |
| IMAX CORPIMAX CORP | 750,000 | $703K | principal |
| NCMINATIONAL CINEMEDIA INC | 130,126 | $571K | shares |
| BFLYBUTTERFLY NETWORK INC | 555,749 | $467K | shares |
| INSULET CORPINSULET CORP | 420,000 | $460K | principal |
| CONTAINER STORE GROUP INCCONTAINER STORE GROUP INC | 470,410 | $254K | shares |
| WHOLE EARTH BRANDS INCWHOLE EARTH BRANDS INC | 3,385,807 | $167K | shares |
| AST SPACEMOBILE INCAST SPACEMOBILE INC | 37,651 | $158K | shares |
| WFRDWEATHERFORD INTL PLC | 467 | $57.2K | shares |
| 00 | 502,865 | $5.1K | shares |
| POLESTAR AUTOMOTIVE HLDG UKPOLESTAR AUTOMOTIVE HLDG UK | 24,495 | $3.31K | shares |
How Q3 2024 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 0001420506-24-002384 | base | 2024-11-13 | acceptance time not in the bulk data set |