Indaba Capital Management, L.P. Quant / Systematic

CIK: 0001524362 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value ($000): $166,599 (36.0% shares, 64.0% debt)

Holdings (12)

— BANDWIDTH INC 19.5%

Value ($000) $32,482 Shares 40,250,000 Est. Cost $0.62 Unrealized —

— SUMMIT HOTEL PPTYS 16.7%

Value ($000) $27,793 Shares 29,039,000 Est. Cost $0.96 Unrealized —

ONTF ON24 INC 13.2%

Value ($000) $22,049 Shares 4,240,256 Est. Cost $22.91 Unrealized -72.9%

— ACCELERATE DIAGNOSTICS INC 11.1%

Value ($000) $18,525 Shares 37,049,299 Est. Cost $0.59 Unrealized —

— IRONWOOD PHARMACEUTICALS INC 9.1%

Value ($000) $15,081 Shares 17,000,000 Est. Cost $0.90 Unrealized —

— EQUITY COMWLTH 8.1%

Value ($000) $13,529 Shares 8,403,411 Est. Cost $10.55 Unrealized —

— TRAVERE THERAPEUTICS INC 7.7%

Value ($000) $12,780 Shares 13,000,000 Est. Cost $0.99 Unrealized —

BLKB BLACKBAUD INC 7.2%

Value ($000) $11,976 Shares 193,000 Est. Cost $71.07 Unrealized 0.0%

ESPR ESPERION THERAPEUTICS INC NE 2.6%

Value ($000) $4,320 Shares 3,000,000 Est. Cost $2.33 Unrealized -21.0%

BATRK ATLANTA BRAVES HLDGS INC 2.3%

Value ($000) $3,753 Shares 93,811 Est. Cost $39.01 Unrealized 0.0%

EMBC EMBECTA CORP 1.7%

Value ($000) $2,830 Shares 221,938 Est. Cost $15.31 Unrealized 0.0%

ADV ADVANTAGE SOLUTIONS INC 0.9%

Value ($000) $1,481 Shares 980,865 Est. Cost $2.33 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	BANDWIDTH INC	40,250,000	$32,482	19.5%	$0.62	—	NOTE 0.500% 4/0	05988JAD5
—	SUMMIT HOTEL PPTYS	29,039,000	$27,793	16.7%	$0.96	—	NOTE 1.500% 2/1	866082AA8
ONTF	ON24 INC	4,240,256	$22,049	13.2%	$22.91	-72.9%	COM	68339B104
—	ACCELERATE DIAGNOSTICS INC	37,049,299	$18,525	11.1%	$0.59	—	NOTE 5.000%12/1	00430HAC6
—	IRONWOOD PHARMACEUTICALS INC	17,000,000	$15,081	9.1%	$0.90	—	NOTE 1.500% 6/1	46333XAH1
—	EQUITY COMWLTH	8,403,411	$13,529	8.1%	$10.55	—	COM SH BEN INT	294628102
—	TRAVERE THERAPEUTICS INC	13,000,000	$12,780	7.7%	$0.99	—	NOTE 2.500% 9/1	761299AB2
BLKB	BLACKBAUD INC	193,000	$11,976	7.2%	$71.07	0.0%	COM	09227Q100
ESPR	ESPERION THERAPEUTICS INC NE	3,000,000	$4,320	2.6%	$2.33	-21.0%	COM	29664W105
BATRK	ATLANTA BRAVES HLDGS INC	93,811	$3,753	2.3%	$39.01	0.0%	COM SER C	047726302
EMBC	EMBECTA CORP	221,938	$2,830	1.7%	$15.31	0.0%	COMMON STOCK	29082K105
ADV	ADVANTAGE SOLUTIONS INC	980,865	$1,481	0.9%	$2.33	0.0%	COM CL A	00791N102