Location: New York, NY
CIK: 0001856405 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 17, 2026
Total Value: $4.393B (69.0% shares, 31.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| LQD | ISHARES TR | 7,011,298 | $773M | 17.6% | $110.11 | — | IBOXX INV CP ETF | 464287242 |
| QQQ | INVESCO QQQ TR | 452,000 | $278M | 6.3% | — | — | Put | 46090E103 |
| — | ON SEMICONDUCTOR CORP | 152,175,000 | $145M | 3.3% | $0.94 | — | NOTE 0.500% 3/0 | 682189AU9 |
| SPY | SPDR S&P 500 ETF TR | 200,000 | $136M | 3.1% | $666.18 | — | Call | 78462F103 |
| INTC | INTEL CORP | 3,680,000 | $136M | 3.1% | $37.76 | 0.0% | Call | 458140100 |
| NSC | NORFOLK SOUTHN CORP | 444,247 | $128M | 2.9% | $283.26 | +1.9% | COM | 655844108 |
| — | ETSY INC | 119,222,000 | $121M | 2.8% | $1.03 | — | NOTE 0.125%10/0 | 29786AAJ5 |
| IGSB | ISHARES TR | 2,270,000 | $120M | 2.7% | $52.82 | — | ISHS 1-5YR INVS | 464288646 |
| RSP | INVESCO EXCHANGE TRADED FD T | 590,500 | $113M | 2.6% | $191.56 | — | Call | 46137V357 |
| — | ITRON INC | 110,965,000 | $110M | 2.5% | $0.99 | — | NOTE3/1 | 465741AN6 |
| TXNM | TXNM ENERGY INC | 1,834,874 | $108M | 2.5% | $55.68 | +3.7% | COM | 69349H107 |
| — | AKAMAI TECHNOLOGIES INC | 105,002,000 | $106M | 2.4% | $1.01 | — | NOTE 0.375% 9/0 | 00971TAL5 |
| EWZ | ISHARES INC | 3,300,000 | $105M | 2.4% | $28.85 | — | Call | 464286400 |
| KMB | KIMBERLY-CLARK CORP | 875,500 | $88.33M | 2.0% | — | — | Call | 494368103 |
| — | TRIP COM GROUP LTD | 65,000,000 | $80.05M | 1.8% | $1.28 | — | NOTE 0.750% 6/1 | 89677QAB3 |
| — | JAZZ INVESTMENTS I LTD | 64,300,000 | $74.51M | 1.7% | $1.03 | — | NOTE 2.000% 6/1 | 472145AF8 |
| — | BILL HOLDINGS INC | 80,150,000 | $74.02M | 1.7% | $0.92 | — | NOTE4/0 | 090043AF7 |
| — | MICROCHIP TECHNOLOGY INC. | 69,563,000 | $68.26M | 1.6% | $0.98 | — | NOTE 0.750% 6/0 | 595017BG8 |
| — | APOLLO GLOBAL MGMT INC | 900,000 | $67.92M | 1.5% | $67.91 | — | SER A MAND CNV | 03769M304 |
| QQQ | INVESCO QQQ TR | 100,000 | $61.43M | 1.4% | — | — | Call | 46090E103 |
| TLT | ISHARES TR | 600,000 | $52.3M | 1.2% | — | — | Call | 464287432 |
| TLT | ISHARES TR | 600,000 | $52.3M | 1.2% | — | — | Put | 464287432 |
| KYIV | KYIVSTAR GROUP LTD | 3,834,088 | $49.77M | 1.1% | $12.18 | +8.2% | ORD SHS | G5331N101 |
| IWM | ISHARES TR | 200,000 | $49.23M | 1.1% | — | — | Call | 464287655 |
| IWM | ISHARES TR | 200,000 | $49.23M | 1.1% | — | — | Put | 464287655 |
| — | AKAMAI TECHNOLOGIES INC | 46,318,000 | $45.81M | 1.0% | $0.95 | — | NOTE 1.125% 2/1 | 00971TAN1 |
| — | FORD MTR CO | 42,500,000 | $44.05M | 1.0% | $0.99 | — | NOTE3/1 | 345370CZ1 |
| — | DEXCOM INC | 47,500,000 | $43.78M | 1.0% | $0.94 | — | NOTE 0.375% 5/1 | 252131AM9 |
| — | COINBASE GLOBAL INC | 40,000,000 | $41.05M | 0.9% | $1.26 | — | NOTE 0.250% 4/0 | 19260QAF4 |
| — | H WORLD GROUP LTD | 30,000,000 | $38.3M | 0.9% | $1.12 | — | NOTE 3.000% 5/0 | 44332NAB2 |
| — | TYLER TEX INDPT SCH DIST | 37,000,000 | $37.38M | 0.9% | $1.10 | — | NOTE 0.250% 3/1 | 902252AB1 |
| — | ALBEMARLE CORP | 600,000 | $35.39M | 0.8% | $38.41 | — | 7.25% DEP SHS A | 012653200 |
| — | HEWLETT PACKARD ENTERPRISE C | 525,000 | $34.8M | 0.8% | $60.51 | — | 7.625 MAND CONV | 42824C208 |
| — | DROPBOX INC | 34,500,000 | $34.25M | 0.8% | $0.99 | — | NOTE3/0 | 26210CAC8 |
| SATS | ECHOSTAR CORP | 304,650 | $33.12M | 0.8% | $78.47 | +3.8% | CL A | 278768106 |
| NVDA | NVIDIA CORPORATION | 175,000 | $32.64M | 0.7% | — | — | Put | 67066G104 |
| — | LI AUTO INC | 31,500,000 | $31.83M | 0.7% | $1.01 | — | NOTE 0.250% 5/0 | 50202MAB8 |
| MSTR | STRATEGY INC | 200,000 | $30.39M | 0.7% | — | — | Put | 594972408 |
| — | SPOTIFY USA INC | 26,500,000 | $30.16M | 0.7% | $1.14 | — | NOTE3/1 | 84921RAB6 |
| — | DRAFTKINGS INC NEW | 32,900,000 | $30.15M | 0.7% | $0.89 | — | NOTE3/1 | 26142RAB0 |
| WBD | WARNER BROS DISCOVERY INC | 1,000,000 | $28.82M | 0.7% | $23.37 | 0.0% | COM SER A | 934423104 |
| KYIV | KYIVSTAR GROUP LTD | 2,137,300 | $27.74M | 0.6% | $12.18 | +8.2% | Call | G5331N101 |
| — | COINBASE GLOBAL INC | 25,024,000 | $24.99M | 0.6% | $1.07 | — | NOTE 0.500% 6/0 | 19260QAB3 |
| — | DROPBOX INC | 24,500,000 | $24.75M | 0.6% | $0.99 | — | NOTE3/0 | 26210CAD6 |
| — | BRIDGEBIO PHARMA INC | 21,730,000 | $24.49M | 0.6% | $0.88 | — | NOTE 2.250% 2/0 | 10806XAD4 |
| DCH | AMERICAN AXLE & MFG HLDGS IN | 3,737,937 | $23.96M | 0.5% | $6.03 | +3.1% | COM | 024061103 |
| — | THE REALREAL INC | 13,897,000 | $23.59M | 0.5% | $0.84 | — | DEBT 4.000% 2/1 | 88339PAJ0 |
| BACC | BLUE ACQUISITION CORP. | 1,960,185 | $20.01M | 0.5% | $10.15 | 0.0% | ORD SHS CL A | G1331A108 |
| CC | CHEMOURS CO | 1,651,275 | $19.47M | 0.4% | $13.36 | -4.3% | COM | 163851108 |
| ITB | ISHARES TR | 200,000 | $19.26M | 0.4% | — | — | Call | 464288752 |
| — | COGENT BIOSCIENCES INC | 16,000,000 | $18.74M | 0.4% | $1.17 | — | NOTE 1.625%11/1 | 19240QAA0 |
| IBIT | ISHARES BITCOIN TRUST ETF | 370,800 | $18.41M | 0.4% | — | — | Put | 46438F101 |
| — | PARSONS CORP DEL | 16,877,000 | $17.41M | 0.4% | $1.03 | — | NOTE 2.625% 3/0 | 70202LAD4 |
| ARKK | ARK ETF TR | 200,000 | $15.38M | 0.4% | — | — | Put | 00214Q104 |
| — | EXACT SCIENCES CORP | 13,811,000 | $14.42M | 0.3% | $0.89 | — | NOTE 0.375% 3/1 | 30063PAB1 |
| UNH | UNITEDHEALTH GROUP INC | 43,600 | $14.39M | 0.3% | $343.55 | -1.8% | COM | 91324P102 |
| — | WAYFAIR INC | 14,095,000 | $14.14M | 0.3% | $0.94 | — | NOTE 1.000% 8/1 | 94419LAF8 |
| BORR | BORR DRILLING LTD | 3,205,564 | $12.92M | 0.3% | $2.49 | +33.2% | SHS | G1466R173 |
| INTC | INTEL CORP | 335,000 | $12.36M | 0.3% | $37.76 | 0.0% | COM | 458140100 |
| — | PROGRESS SOFTWARE CORP | 11,670,000 | $11.61M | 0.3% | $1.00 | — | NOTE 1.000% 4/1 | 743312AB6 |
| IHS | IHS HOLDING LIMITED | 1,552,674 | $11.58M | 0.3% | $4.05 | +70.0% | ORD SHS | G4701H109 |
| RKT | ROCKET COS INC | 563,000 | $10.9M | 0.2% | $17.88 | 0.0% | Call | 77311W101 |
| RSP | INVESCO EXCHANGE TRADED FD T | 54,282 | $10.4M | 0.2% | $191.56 | — | S&P500 EQL WGT | 46137V357 |
| — | STRATEGY INC | 12,500,000 | $10.26M | 0.2% | $0.82 | — | NOTE12/0 | 594972AS0 |
| DCH | AMERICAN AXLE & MFG HLDGS IN | 1,500,000 | $9.615M | 0.2% | $6.03 | +3.1% | Call | 024061103 |
| XLU | SELECT SECTOR SPDR TR | 221,000 | $9.434M | 0.2% | $42.69 | — | STATE STREET UTI | 81369Y886 |
| NVDA | NVIDIA CORPORATION | 50,000 | $9.325M | 0.2% | — | — | Call | 67066G104 |
| CLSK | CLEANSPARK INC | 919,500 | $9.305M | 0.2% | $14.99 | 0.0% | COM NEW | 18452B209 |
| — | EXACT SCIENCES CORP | 8,611,000 | $8.85M | 0.2% | $0.89 | — | NOTE 0.375% 3/0 | 30063PAC9 |
| BABA | ALIBABA GROUP HLDG LTD | 59,486 | $8.719M | 0.2% | $121.24 | — | SPONSORED ADS | 01609W102 |
| MU | MICRON TECHNOLOGY INC | 30,000 | $8.562M | 0.2% | $229.35 | 0.0% | COM | 595112103 |
| SNDK | SANDISK CORP | 34,000 | $8.071M | 0.2% | $200.29 | 0.0% | COM | 80004C200 |
| HYG | ISHARES TR | 87,011 | $7.016M | 0.2% | $80.64 | — | IBOXX HI YD ETF | 464288513 |
| IHRT | IHEARTMEDIA INC | 1,623,571 | $6.754M | 0.2% | $3.68 | +1.5% | COM CL A | 45174J509 |
| CMCSA | COMCAST CORP NEW | 225,000 | $6.725M | 0.2% | $28.53 | 0.0% | CL A | 20030N101 |
| BKLN | INVESCO EXCH TRADED FD TR II | 319,787 | $6.716M | 0.2% | $20.96 | — | SR LN ETF | 46138G508 |
| — | VISHAY INTERTECHNOLOGY INC | 7,000,000 | $6.314M | 0.1% | $0.91 | — | NOTE 2.250% 9/1 | 928298AR9 |
| NN | NEXTNAV INC | 378,128 | $6.292M | 0.1% | $12.25 | +16.0% | COMMON STOCK | 65345N106 |
| AVAV | AEROVIRONMENT INC | 25,500 | $6.168M | 0.1% | $314.38 | 0.0% | COM | 008073108 |
| BTDR | BITDEER TECHNOLOGIES GROUP | 500,000 | $5.605M | 0.1% | $14.04 | +14.8% | Call | G11448100 |
| FMC | FMC CORP | 400,000 | $5.548M | 0.1% | $18.96 | 0.0% | COM NEW | 302491303 |
| EWY | ISHARES INC | 53,000 | $5.153M | 0.1% | $75.94 | — | MSCI STH KOR ETF | 464286772 |
| EWW | ISHARES INC | 74,000 | $5.13M | 0.1% | $64.07 | — | MSCI MEXICO ETF | 464286822 |
| FCX | FREEPORT-MCMORAN INC | 100,000 | $5.079M | 0.1% | — | — | Call | 35671D857 |
| — | GLOBAL PMTS INC | 5,612,000 | $5.04M | 0.1% | $0.90 | — | NOTE 1.500% 3/0 | 37940XAU6 |
| EWJ | ISHARES INC | 61,500 | $4.966M | 0.1% | $80.21 | — | MSCI JAPAN ETF | 46434G822 |
| URA | GLOBAL X FDS | 115,000 | $4.914M | 0.1% | $38.81 | — | GLOBAL X URANIUM | 37954Y871 |
| TER | TERADYNE INC | 25,000 | $4.839M | 0.1% | $109.09 | +57.2% | COM | 880770102 |
| CORZ | CORE SCIENTIFIC INC NEW | 300,000 | $4.368M | 0.1% | $17.44 | 0.0% | Call | 21874A106 |
| CORZ | CORE SCIENTIFIC INC NEW | 300,000 | $4.368M | 0.1% | $17.44 | 0.0% | COM | 21874A106 |
| — | ALIBABA GROUP HLDG LTD | 2,801,000 | $4.335M | 0.1% | $1.45 | — | NOTE 0.500% 6/0 | 01609WBG6 |
| KWEB | KRANESHARES TRUST | 125,000 | $4.256M | 0.1% | $34.05 | — | CSI CHI INTERNET | 500767306 |
| BTDR | BITDEER TECHNOLOGIES GROUP | 374,003 | $4.193M | 0.1% | $14.04 | +14.8% | CL A ORD SHS | G11448100 |
| COHR | COHERENT CORP | 21,000 | $3.876M | 0.1% | $149.58 | 0.0% | COM | 19247G107 |
| COGT | COGENT BIOSCIENCES INC | 105,000 | $3.73M | 0.1% | $28.11 | 0.0% | COM | 19240Q201 |
| GSAT | GLOBALSTAR INC | 60,000 | $3.662M | 0.1% | $55.22 | 0.0% | COM NEW | 378973507 |
| ZTS | ZOETIS INC | 27,700 | $3.485M | 0.1% | $130.26 | 0.0% | CL A | 98978V103 |
| AVGO | BROADCOM INC | 10,000 | $3.461M | 0.1% | $357.00 | 0.0% | COM | 11135F101 |
| VISN | COMMSCOPE HLDG CO INC | 188,715 | $3.421M | 0.1% | $12.98 | +32.9% | COM | 20337X109 |
| HPP | HUDSON PAC PPTYS INC | 310,989 | $3.368M | 0.1% | $10.83 | — | COM | 444097406 |
| EQT | EQT CORP | 60,000 | $3.216M | 0.1% | $39.80 | +41.0% | COM | 26884L109 |
| TIC | TIC SOLUTIONS INC | 300,000 | $3.033M | 0.1% | $11.31 | -1.6% | COM | 00510N102 |
| DMII | DRUGS MADE IN AMER ACQ II CO | 300,000 | $2.97M | 0.1% | $9.89 | 0.0% | USD ORD SHS | G2851K104 |
| CZR | CAESARS ENTERTAINMENT INC NE | 125,000 | $2.924M | 0.1% | $31.13 | -27.8% | COM | 12769G100 |
| HTZ | HERTZ GLOBAL HLDGS INC | 556,956 | $2.863M | 0.1% | $6.32 | -13.7% | COM NEW | 42806J700 |
| CHTR | CHARTER COMMUNICATIONS INC N | 13,500 | $2.818M | 0.1% | $296.47 | -24.1% | CL A | 16119P108 |
| DG | DOLLAR GEN CORP NEW | 20,000 | $2.655M | 0.1% | $98.12 | +13.6% | COM | 256677105 |
| HII | HUNTINGTON INGALLS INDS INC | 7,500 | $2.551M | 0.1% | $264.43 | +17.0% | COM | 446413106 |
| TAC | TRANSALTA CORP | 200,000 | $2.53M | 0.1% | $11.07 | +34.8% | COM | 89346D107 |
| MP | MP MATERIALS CORP | 50,000 | $2.526M | 0.1% | $63.41 | 0.0% | COM CL A | 553368101 |
| DLTR | DOLLAR TREE INC | 20,000 | $2.46M | 0.1% | $86.31 | +24.1% | COM | 256746108 |
| WRBY | WARBY PARKER INC | 100,000 | $2.179M | 0.0% | $21.76 | 0.0% | CL A COM | 93403J106 |
| TDAY | USA TODAY CO INC | 400,000 | $2.06M | 0.0% | $4.70 | 0.0% | COM | 36472T109 |
| IFF | INTERNATIONAL FLAVORS&FRAGRA | 30,000 | $2.022M | 0.0% | $64.40 | 0.0% | COM | 459506101 |
| LIT | GLOBAL X FDS | 31,000 | $2.011M | 0.0% | $64.86 | — | LITHIUM BTRY ETF | 37954Y855 |
| RKT | ROCKET COS INC | 100,000 | $1.936M | 0.0% | $17.88 | 0.0% | COM CL A | 77311W101 |
| METC | RAMACO RES INC | 101,400 | $1.825M | 0.0% | $26.27 | 0.0% | COM CL A | 75134P600 |
| RIOT | RIOT PLATFORMS INC | 125,000 | $1.584M | 0.0% | $13.85 | +23.5% | COM | 767292105 |
| LITE | LUMENTUM HLDGS INC | 4,274 | $1.575M | 0.0% | $70.96 | +261.9% | COM | 55024U109 |
| EVAC/U | EQV VENTURES AC CORP. II | 150,000 | $1.516M | 0.0% | $10.01 | — | UNIT 06/30/2032 | G3106Q110 |
| WULF | TERAWULF INC | 125,000 | $1.436M | 0.0% | $13.40 | 0.0% | COM | 88080T104 |
| OKLO | OKLO INC | 20,000 | $1.435M | 0.0% | — | — | Call | 02156V109 |
| SNDK | SANDISK CORP | 5,000 | $1.187M | 0.0% | $200.29 | 0.0% | Call | 80004C200 |
| TKR | TIMKEN CO | 14,000 | $1.178M | 0.0% | $68.02 | +16.9% | COM | 887389104 |
| VOYG | VOYAGER TECHNOLOGIES INC | 43,000 | $1.124M | 0.0% | $27.13 | 0.0% | COM CL A | 92892B103 |
| GLW | CORNING INC | 12,000 | $1.051M | 0.0% | $85.98 | 0.0% | COM | 219350105 |
| CEPF | CANTOR EQUITY PARTNERS IV IN | 100,000 | $1.028M | 0.0% | $10.15 | +2.4% | SHS CL A | G1828E100 |
| EC | ECOPETROL S A | 100,000 | $1.002M | 0.0% | $9.64 | — | SPONSORED ADS | 279158109 |
| BLZR | TRAILBLAZER ACQUISITION CORP | 100,000 | $1.001M | 0.0% | $10.08 | 0.0% | ORD SHS CL A | G9009S103 |
| ASO | ACADEMY SPORTS & OUTDOORS IN | 20,000 | $999K | 0.0% | $49.49 | 0.0% | COM | 00402L107 |
| AMBA | AMBARELLA INC | 14,000 | $992K | 0.0% | $80.81 | 0.0% | SHS | G037AX101 |
| LGN | LEGENCE CORP | 15,000 | $646K | 0.0% | $39.53 | 0.0% | CL A | 52476L109 |
| POET | POET TECHNOLOGIES INC | 100,000 | $633K | 0.0% | $6.34 | 0.0% | COM NEW | 73044W302 |
| IMSR | TERRESTRIAL ENERGY INC | 100,000 | $611K | 0.0% | $6.11 | — | COM SHS | 881454102 |
| HCMAU | HCM III ACQUISITION CORP | 50,000 | $514K | 0.0% | $10.31 | — | UNIT 07/23/2030 | G4365E129 |
| FCRS | FUTURECREST ACQUISITION CORP | 50,000 | $505K | 0.0% | $10.11 | 0.0% | CL A ORD SHS | G3730U107 |
| INVZ | INNOVIZ TECHNOLOGIES LTD | 500,000 | $427K | 0.0% | $1.70 | -7.1% | SHS | M5R635108 |
| VRM | VROOM INC | 13,346 | $265K | 0.0% | $26.79 | -12.8% | COM NEW | 92918V307 |
| MBVIU | M3-BRIGADE ACQUISITION VI CO | 25,000 | $253K | 0.0% | $10.12 | — | UNIT 08/18/2030 | G63221124 |
| THCH | TH INTERNATIONAL LIMITED | 100,000 | $249K | 0.0% | $3.13 | -19.8% | SHS NEW | G8656L130 |
| OUST | OUSTER INC | 10,000 | $216K | 0.0% | — | — | Call | 68989M202 |
| KYIVW | KYIVSTAR GROUP LTD | 25,000 | $88,500 | 0.0% | $4.06 | — | *W EXP 08/14/203 | G5331N119 |
| DMIIR | DRUGS MADE IN AMER ACQ II CO | 300,000 | $42,000 | 0.0% | $0.14 | — | RIGHT 09/16/2030 | G2851K112 |
| BLZRW | TRAILBLAZER ACQUISITION CORP | 33,332 | $16,003 | 0.0% | $0.48 | — | *W EXP 09/30/203 | G9009S111 |
| FCRS/WS | FUTURECREST ACQUISITION CORP | 12,500 | $9,125 | 0.0% | $0.73 | — | *W EXP 09/30/203 | G3730U115 |
| NOTE/WS | FISCALNOTE HOLDINGS INC | 150,000 | $4,575 | 0.0% | $0.17 | — | *W EXP 07/29/202 | 337655112 |