Location: New York, NY
CIK: 0001856405 · Show all filings
Period: Q1 2025 (← Previous) (Next →)
Filing Date: May 15, 2025
Total Value: $3.342B (67.2% shares, 32.8% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| LQD | ISHARES TR | 6,042,278 | $657M | 19.7% | $108.69 | — | IBOXX INV CP ETF | 464287242 |
| QQQ | INVESCO QQQ TR | 400,000 | $188M | 5.6% | — | — | Call | 46090E103 |
| HYG | ISHARES TR | 2,000,000 | $158M | 4.7% | — | — | Put | 464288513 |
| TLT | ISHARES TR | 1,700,000 | $155M | 4.6% | $91.03 | — | Call | 464287432 |
| — | AIRBNB INC | 154,000,000 | $147M | 4.4% | $0.96 | — | NOTE3/1 | 009066AB7 |
| — | APOLLO GLOBAL MGMT INC | 1,650,000 | $121M | 3.6% | $65.90 | — | SER A MAND CNV | 03769M304 |
| — | PDD HOLDINGS INC | 88,335,000 | $87M | 2.6% | $1.01 | — | NOTE12/0 | 722304AC6 |
| — | DISCOVER FINL SVCS | 501,279 | $85.57M | 2.6% | $171.96 | — | COM | 254709108 |
| IEF | ISHARES TR | 850,000 | $81.06M | 2.4% | $95.37 | — | 7-10 YR TRSY BD | 464287440 |
| — | AKAMAI TECHNOLOGIES INC | 78,500,000 | $78.25M | 2.3% | $1.03 | — | NOTE 0.125% 5/0 | 00971TAJ0 |
| — | UBER TECHNOLOGIES INC | 67,906,000 | $72.13M | 2.2% | $1.04 | — | NOTE12/1 | 90353TAJ9 |
| — | ZTO EXPRESS CAYMAN INC | 71,500,000 | $71.87M | 2.2% | $1.00 | — | NOTE 1.500% 9/0 | 98980AAB1 |
| — | HEWLETT PACKARD ENTERPRISE C | 1,400,000 | $67.11M | 2.0% | $60.51 | — | 7.625 MAND CONV | 42824C208 |
| CWB | SPDR SER TR | 847,100 | $64.9M | 1.9% | — | — | Put | 78464A359 |
| — | UNITED STATES STL CORP | 17,635,000 | $55.94M | 1.7% | $3.43 | — | NOTE 5.000%11/0 | 912909AT5 |
| TLT | ISHARES TR | 600,000 | $54.62M | 1.6% | $91.03 | — | Put | 464287432 |
| — | AMERICAN AIRLINES GROUP INC | 53,900,000 | $54.01M | 1.6% | $1.11 | — | NOTE 6.500% 7/0 | 02376RAF9 |
| — | SOUTHWEST AIRLS CO | 51,534,000 | $51.48M | 1.5% | $1.01 | — | NOTE 1.250% 5/0 | 844741BG2 |
| — | LUMENTUM HLDGS INC | 55,363,000 | $51.1M | 1.5% | $0.92 | — | NOTE 0.500% 6/1 | 55024UAF6 |
| — | ECHOSTAR CORP | 45,000,000 | $50.44M | 1.5% | $1.11 | — | NOTE 3.875%11/3 | 278768AB2 |
| — | NCL CORP LTD | 50,275,000 | $49.7M | 1.5% | $0.93 | — | NOTE 2.500% 2/1 | 62886HBK6 |
| — | FORD MTR CO | 48,000,000 | $46.99M | 1.4% | $0.98 | — | NOTE3/1 | 345370CZ1 |
| OMC | OMNICOM GROUP INC | 557,198 | $46.2M | 1.4% | $80.64 | 0.0% | COM | 681919106 |
| VCIT | VANGUARD SCOTTSDALE FDS | 550,000 | $44.97M | 1.3% | $81.76 | — | INT-TERM CORP | 92206C870 |
| — | NEXTERA ENERGY INC | 900,000 | $43.47M | 1.3% | $50.48 | — | UNIT 06/01/2027 | 65339F663 |
| — | FRONTIER COMMUNICATIONS PARE | 927,037 | $33.24M | 1.0% | $34.70 | — | COM | 35909D109 |
| — | SEAGATE HDD CAYMAN | 27,500,000 | $33.16M | 1.0% | $1.21 | — | NOTE 3.500% 6/0 | 81180WBL4 |
| — | H & E EQUIPMENT SERVICES INC | 320,849 | $30.41M | 0.9% | $94.79 | — | COM | 404030108 |
| — | ANSYS INC | 93,384 | $29.56M | 0.9% | $323.89 | — | COM | 03662Q105 |
| — | AZEK CO INC | 598,200 | $29.25M | 0.9% | $48.89 | — | CL A | 05478C105 |
| — | WAYFAIR INC | 25,350,000 | $27.21M | 0.8% | $1.32 | — | NOTE 3.500%11/1 | 94419LAR2 |
| — | PARSONS CORP DEL | 25,000,000 | $25.01M | 0.7% | $1.00 | — | NOTE 2.625% 3/0 | 70202LAD4 |
| — | NEXTERA ENERGY INC | 550,000 | $24.87M | 0.7% | $45.73 | — | UNIT 11/01/2027 | 65339F119 |
| QQQ | INVESCO QQQ TR | 50,000 | $23.45M | 0.7% | — | — | Put | 46090E103 |
| — | BRIDGEBIO PHARMA INC | 23,230,000 | $20.89M | 0.6% | $0.86 | — | NOTE 2.250% 2/0 | 10806XAD4 |
| — | COHEN CIRCLE ACQUISITION COR | 1,859,033 | $20.84M | 0.6% | $11.21 | — | SHS CL A | G3730H106 |
| — | MR COOPER GROUP INC | 165,242 | $19.76M | 0.6% | $119.60 | — | COM | 62482R107 |
| — | AMEDISYS INC | 206,220 | $19.1M | 0.6% | $92.63 | — | COM | 023436108 |
| — | DROPBOX INC | 19,000,000 | $18.75M | 0.6% | $0.99 | — | NOTE3/0 | 26210CAC8 |
| — | CONFLUENT INC | 20,074,000 | $18.56M | 0.6% | $0.92 | — | NOTE1/1 | 20717MAB9 |
| — | JAZZ INVESTMENTS I LTD | 17,000,000 | $17.65M | 0.5% | $1.00 | — | NOTE 2.000% 6/1 | 472145AF8 |
| — | THE REALREAL INC | 20,847,000 | $17.54M | 0.5% | $0.84 | — | DEBT 4.000% 2/1 | 88339PAJ0 |
| — | COINBASE GLOBAL INC | 17,500,000 | $17.15M | 0.5% | $0.98 | — | NOTE 0.500% 6/0 | 19260QAB3 |
| — | ALBEMARLE CORP | 450,000 | $16.28M | 0.5% | $59.00 | — | 7.25% DEP SHS A | 012653200 |
| — | UNITED STATES STL CORP NEW | 375,000 | $15.85M | 0.5% | — | — | Call | 912909108 |
| AAL | AMERICAN AIRLS GROUP INC | 1,500,000 | $15.82M | 0.5% | $15.06 | 0.0% | COM | 02376R102 |
| — | EVERI HLDGS INC | 1,104,322 | $15.1M | 0.5% | $13.40 | — | COM | 30034T103 |
| — | DROPBOX INC | 14,500,000 | $14.3M | 0.4% | $0.96 | — | NOTE3/0 | 26210CAD6 |
| — | TRIUMPH GROUP INC NEW | 527,386 | $13.36M | 0.4% | $25.34 | — | COM | 896818101 |
| — | DRAFTKINGS INC NEW | 15,000,000 | $13.15M | 0.4% | $0.87 | — | NOTE3/1 | 26142RAB0 |
| — | FLUOR CORP | 12,000,000 | $12.81M | 0.4% | $1.07 | — | NOTE 1.125% 8/1 | 343412AJ1 |
| — | EXACT SCIENCES CORP | 13,250,000 | $12.25M | 0.4% | $0.88 | — | NOTE 0.375% 3/1 | 30063PAB1 |
| KWEB | KRANESHARES TRUST | 350,000 | $12.22M | 0.4% | — | — | Call | 500767306 |
| OPTU | ALTICE USA INC | 4,400,000 | $11.7M | 0.4% | $2.13 | +26.6% | CL A | 02156K103 |
| IHS | IHS HOLDING LIMITED | 2,102,674 | $10.98M | 0.3% | $4.05 | -5.4% | ORD SHS | G4701H109 |
| BTDR | BITDEER TECHNOLOGIES GROUP | 1,202,648 | $10.62M | 0.3% | $14.93 | 0.0% | CL A ORD SHS | G11448100 |
| TLT | ISHARES TR | 115,000 | $10.47M | 0.3% | $91.03 | — | 20 YR TR BD ETF | 464287432 |
| BABA | ALIBABA GROUP HLDG LTD | 74,186 | $9.81M | 0.3% | $114.63 | — | SPONSORED ADS | 01609W102 |
| COF | CAPITAL ONE FINL CORP | 50,000 | $8.965M | 0.3% | — | — | Call | 14040H105 |
| BA | BOEING CO | 50,000 | $8.527M | 0.3% | — | — | Put | 097023105 |
| GFR | GREENFIRE RES LTD NEW | 1,398,855 | $8.211M | 0.2% | $9.93 | -37.7% | COM SHS | 39525U107 |
| EQT | EQT CORP | 150,059 | $8.018M | 0.2% | $33.40 | +51.3% | COM | 26884L109 |
| CPRI | CAPRI HOLDINGS LIMITED | 400,000 | $7.892M | 0.2% | — | — | Call | G1890L107 |
| — | ENVISTA HOLDINGS CORPORATION | 7,000,000 | $7.066M | 0.2% | $1.07 | — | NOTE 2.375% 6/0 | 29415FAB0 |
| — | EXACT SCIENCES CORP | 7,000,000 | $6.159M | 0.2% | $0.88 | — | NOTE 0.375% 3/0 | 30063PAC9 |
| BLCO | BAUSCH PLUS LOMB CORP | 406,267 | $5.891M | 0.2% | $16.43 | 0.0% | COMMON SHARES | 071705107 |
| — | SPIRIT AEROSYSTEMS HLDGS INC | 152,348 | $5.25M | 0.2% | $34.08 | — | COM CL A | 848574109 |
| — | WAYFAIR INC | 5,000,000 | $4.921M | 0.1% | $0.98 | — | NOTE 3.250% 9/1 | 94419LAP6 |
| NN | NEXTNAV INC | 385,000 | $4.685M | 0.1% | $11.60 | +4.0% | Call | 65345N106 |
| — | WAYFAIR INC | 5,000,000 | $4.681M | 0.1% | $0.88 | — | NOTE 1.000% 8/1 | 94419LAF8 |
| INTC | INTEL CORP | 193,000 | $4.383M | 0.1% | $21.88 | 0.0% | COM | 458140100 |
| — | NABORS INDS INC | 6,105,000 | $4.136M | 0.1% | $0.74 | — | NOTE 1.750% 6/1 | 62957HAL9 |
| — | UNITI GROUP INC | 820,548 | $4.136M | 0.1% | $5.57 | — | COM | 91325V108 |
| NN | NEXTNAV INC | 272,422 | $3.315M | 0.1% | $11.60 | +4.0% | COMMON STOCK | 65345N106 |
| CZR | CAESARS ENTERTAINMENT INC NE | 125,000 | $3.125M | 0.1% | $40.77 | -20.2% | COM | 12769G100 |
| — | BERRY GLOBAL GROUP INC | 43,614 | $3.045M | 0.1% | $64.67 | — | COM | 08579W103 |
| ARGT | GLOBAL X FDS | 37,500 | $3.029M | 0.1% | $82.04 | — | GB MSCI AR ETF | 37950E259 |
| — | RIVIAN AUTOMOTIVE INC | 3,000,000 | $2.925M | 0.1% | $1.01 | — | NOTE 4.625% 3/1 | 76954AAB9 |
| — | NEXTERA ENERGY CAP HLDGS INC | 2,500,000 | $2.893M | 0.1% | $1.16 | — | NOTE 3.000% 3/0 | 65339KCY4 |
| — | RADIUS RECYCLING INC | 100,000 | $2.888M | 0.1% | — | — | Put | 806882106 |
| CCJ | CAMECO CORP | 70,000 | $2.881M | 0.1% | $43.42 | +8.2% | COM | 13321L108 |
| NVDA | NVIDIA CORPORATION | 25,000 | $2.709M | 0.1% | — | — | Put | 67066G104 |
| DLR | DIGITAL RLTY TR INC | 17,600 | $2.522M | 0.1% | $171.20 | -7.7% | COM | 253868103 |
| EHTH | EHEALTH INC | 300,000 | $2.004M | 0.1% | $5.55 | +63.8% | COM | 28238P109 |
| NET | CLOUDFLARE INC | 17,600 | $1.983M | 0.1% | $132.56 | 0.0% | CL A COM | 18915M107 |
| TAC | TRANSALTA CORP | 200,000 | $1.867M | 0.1% | $11.07 | 0.0% | COM | 89346D107 |
| TRIP | TRIPADVISOR INC | 120,000 | $1.7M | 0.1% | — | — | Call | 896945201 |
| DDOG | DATADOG INC | 16,500 | $1.637M | 0.0% | $126.18 | 0.0% | CL A COM | 23804L103 |
| — | SPRINGWORKS THERAPEUTICS INC | 27,500 | $1.214M | 0.0% | — | — | Call | 85205L107 |
| — | AMCOR PLC | 113,800 | $1.104M | 0.0% | — | — | Call | G0250X107 |
| EC | ECOPETROL S A | 100,000 | $1.044M | 0.0% | $10.44 | — | SPONSORED ADS | 279158109 |
| VRM | VROOM INC | 29,785 | $876K | 0.0% | $26.79 | 0.0% | COM NEW | 92918V307 |
| ALRM | ALARM COM HLDGS INC | 14,300 | $796K | 0.0% | $66.10 | -9.2% | COM | 011642105 |
| — | MIND MEDICINE MINDMED INC | 100,000 | $585K | 0.0% | — | — | Call | 60255C885 |
| VSH | VISHAY INTERTECHNOLOGY INC | 32,300 | $514K | 0.0% | $17.03 | -1.9% | COM | 928298108 |
| HTZWW | HERTZ GLOBAL HLDGS INC | 200,000 | $452K | 0.0% | $2.45 | — | *W EXP 06/30/205 | 42806J148 |
| TDS | TELEPHONE & DATA SYS INC | 9,398 | $364K | 0.0% | $36.02 | 0.0% | COM NEW | 879433829 |
| THCH | TH INTERNATIONAL LIMITED | 100,000 | $293K | 0.0% | $3.13 | 0.0% | SHS NEW | G8656L130 |
| — | FISCALNOTE HOLDINGS INC | 200,000 | $162K | 0.0% | — | — | Call | 337655104 |
| — | COHEN CIRCLE ACQUISITION COR | 25,000 | $45,000 | 0.0% | $1.80 | — | *W EXP 01/31/202 | G3730H114 |
| NOTE/WS | FISCALNOTE HOLDINGS INC | 150,000 | $25,860 | 0.0% | $0.17 | — | *W EXP 07/29/202 | 337655112 |