Indaba Capital Management, L.P. Quant / Systematic

CIK: 0001524362 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value ($000): $135,387 (34.1% shares, 65.9% debt)

Holdings (10)

— BANDWIDTH INC 24.9%

Value ($000) $33,774 Shares 40,250,000 Est. Cost $0.62 Unrealized —

— SUMMIT HOTEL PPTYS 20.8%

Value ($000) $28,142 Shares 29,039,000 Est. Cost $0.96 Unrealized —

ONTF ON24 INC 17.0%

Value ($000) $23,025 Shares 4,240,256 Est. Cost $22.91 Unrealized -77.6%

— IRONWOOD PHARMACEUTICALS INC 10.7%

Value ($000) $14,419 Shares 17,000,000 Est. Cost $0.90 Unrealized —

— TRAVERE THERAPEUTICS INC 9.5%

Value ($000) $12,849 Shares 13,000,000 Est. Cost $0.99 Unrealized —

BLKB BLACKBAUD INC 9.2%

Value ($000) $12,393 Shares 193,000 Est. Cost $71.07 Unrealized -12.0%

BATRK ATLANTA BRAVES HLDGS INC 3.2%

Value ($000) $4,388 Shares 93,811 Est. Cost $39.01 Unrealized +4.8%

ESPR ESPERION THERAPEUTICS INC NE 2.2%

Value ($000) $2,953 Shares 3,000,000 Est. Cost $2.33 Unrealized -57.1%

EMBC EMBECTA CORP 1.6%

Value ($000) $2,151 Shares 221,938 Est. Cost $15.31 Unrealized -28.8%

ADV ADVANTAGE SOLUTIONS INC 1.0%

Value ($000) $1,295 Shares 980,865 Est. Cost $2.33 Unrealized -43.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	BANDWIDTH INC	40,250,000	$33,774	24.9%	$0.62	—	NOTE 0.500% 4/0	05988JAD5
—	SUMMIT HOTEL PPTYS	29,039,000	$28,142	20.8%	$0.96	—	NOTE 1.500% 2/1	866082AA8
ONTF	ON24 INC	4,240,256	$23,025	17.0%	$22.91	-77.6%	COM	68339B104
—	IRONWOOD PHARMACEUTICALS INC	17,000,000	$14,419	10.7%	$0.90	—	NOTE 1.500% 6/1	46333XAH1
—	TRAVERE THERAPEUTICS INC	13,000,000	$12,849	9.5%	$0.99	—	NOTE 2.500% 9/1	761299AB2
BLKB	BLACKBAUD INC	193,000	$12,393	9.2%	$71.07	-12.0%	COM	09227Q100
BATRK	ATLANTA BRAVES HLDGS INC	93,811	$4,388	3.2%	$39.01	+4.8%	COM SER C	047726302
ESPR	ESPERION THERAPEUTICS INC NE	3,000,000	$2,953	2.2%	$2.33	-57.1%	COM	29664W105
EMBC	EMBECTA CORP	221,938	$2,151	1.6%	$15.31	-28.8%	COMMON STOCK	29082K105
ADV	ADVANTAGE SOLUTIONS INC	980,865	$1,295	1.0%	$2.33	-43.5%	COM CL A	00791N102