Location: Los Angeles, CA
CIK: 0001317195 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 17, 2026
Total Value: $2.871B (93.6% shares, 6.4% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| AER | AERCAP HOLDINGS NV | 1,100,000 | $158M | 5.5% | $56.56 | +134.2% | SHS | N00985106 |
| SHEL | SHELL PLC | 1,700,000 | $125M | 4.4% | $71.37 | — | SPON ADS | 780259305 |
| BTI | BRITISH AMERN TOB PLC | 2,200,000 | $125M | 4.3% | $50.60 | — | SPONSORED ADR | 110448107 |
| COF | CAPITAL ONE FINL CORP | 444,000 | $108M | 3.7% | $208.08 | +6.8% | COM | 14040H105 |
| PCG | PG&E CORP | 5,900,000 | $94.81M | 3.3% | $16.68 | -4.5% | COM | 69331C108 |
| CVS | CVS HEALTH CORP | 1,160,000 | $92.06M | 3.2% | $59.74 | +31.7% | COM | 126650100 |
| UNP | UNION PAC CORP | 373,800 | $86.47M | 3.0% | $223.62 | +1.7% | COM | 907818108 |
| TXNM | TXNM ENERGY INC | 1,442,554 | $84.94M | 3.0% | $43.14 | +33.8% | COM | 69349H107 |
| STZ | CONSTELLATION BRANDS INC | 586,700 | $80.94M | 2.8% | $152.74 | -10.4% | CL A | 21036P108 |
| NMRK | NEWMARK GROUP INC | 4,360,150 | $75.61M | 2.6% | $6.81 | +157.1% | CL A | 65158N102 |
| MPC | MARATHON PETE CORP | 436,500 | $70.99M | 2.5% | $146.85 | +26.9% | COM | 56585A102 |
| ENVA | ENOVA INTL INC | 441,564 | $69.41M | 2.4% | $47.28 | +175.3% | COM | 29357K103 |
| AXTA | AXALTA COATING SYS LTD | 2,050,000 | $66.24M | 2.3% | $29.34 | 0.0% | COM | G0750C108 |
| AAMI | ACADIAN ASSET MANAGEMENT INC | 1,404,562 | $66.01M | 2.3% | $23.36 | +97.3% | COM | 10948W103 |
| UNH | UNITEDHEALTH GROUP INC | 193,000 | $63.71M | 2.2% | $337.21 | 0.0% | COM | 91324P102 |
| NSC | NORFOLK SOUTHN CORP | 203,800 | $58.84M | 2.0% | $280.19 | +3.0% | COM | 655844108 |
| WBD | WARNER BROS DISCOVERY INC | 2,000,000 | $57.64M | 2.0% | $23.37 | 0.0% | COM SER A | 934423104 |
| CAH | CARDINAL HEALTH INC | 247,800 | $50.92M | 1.8% | $129.46 | +45.0% | COM | 14149Y108 |
| LBRDK | LIBERTY BROADBAND CORP | 920,781 | $44.75M | 1.6% | $81.89 | -36.5% | COM SER C | 530307305 |
| VTOL | BRISTOW GROUP INC | 1,214,599 | $44.48M | 1.5% | $16.81 | +123.9% | COM | 11040G103 |
| OPTU | OPTIMUM COMMUNICATIONS INC | 25,028,407 | $41.3M | 1.4% | $2.44 | -16.6% | CL A | 02156K103 |
| BCSS/U | BAIN CAP GSS INVT CORP | 3,990,000 | $40.78M | 1.4% | $10.09 | — | UNIT 99/99/9999 | G0R78B122 |
| — | VISHAY INTERTECHNOLOGY INC | 44,000,000 | $39.56M | 1.4% | $0.91 | — | NOTE 2.250% 9/1 | 928298AR9 |
| VSAT | VIASAT INC | 1,138,000 | $39.22M | 1.4% | $23.92 | +47.6% | COM | 92552V100 |
| VISN | COMMSCOPE HLDG CO INC | 2,060,000 | $37.35M | 1.3% | $17.25 | 0.0% | COM | 20337X109 |
| B | BARRICK MNG CORP | 821,000 | $35.75M | 1.2% | $37.42 | 0.0% | COM SHS | 06849F108 |
| CCXIU | CHURCHILL CAP CORP XI | 3,500,000 | $35.73M | 1.2% | $10.21 | — | UNIT 12/10/2030 | G2131A124 |
| PSX | PHILLIPS 66 | 264,800 | $34.17M | 1.2% | $116.40 | +15.1% | COM | 718546104 |
| ASH | ASHLAND INC | 542,000 | $31.8M | 1.1% | $52.60 | 0.0% | COM | 044186104 |
| NN | NEXTNAV INC | 1,886,000 | $31.38M | 1.1% | $8.60 | +65.2% | COMMON STOCK | 65345N106 |
| — | TREEHOUSE FOODS INC | 1,320,000 | $31.14M | 1.1% | $23.59 | — | COM | 89469A104 |
| NNI | NELNET INC | 231,000 | $30.71M | 1.1% | $125.09 | +4.6% | CL A | 64031N108 |
| — | MKS INC. | 23,800,000 | $30.43M | 1.1% | $1.01 | — | NOTE 1.250% 6/0 | 55306NAB0 |
| KVUE | KENVUE INC | 1,732,000 | $29.88M | 1.0% | $16.26 | 0.0% | COM | 49177J102 |
| CCIX | CHURCHILL CAPITAL CORP IX | 2,633,582 | $27.99M | 1.0% | $10.18 | +4.6% | CL A SHS | G21301109 |
| — | PAGERDUTY INC | 28,500,000 | $27.13M | 0.9% | $0.98 | — | NOTE 1.500%10/1 | 69553PAD2 |
| KBONU | KARBON CAP PARTNERS CORP | 2,632,752 | $26.5M | 0.9% | $10.06 | — | UNIT 12/11/2030 | G5225W126 |
| — | ANI PHARMACEUTICALS INC | 21,000,000 | $26.49M | 0.9% | $1.40 | — | NOTE 2.250% 9/0 | 00182CAC7 |
| IAC | IAC INC | 677,000 | $26.47M | 0.9% | $35.02 | 0.0% | COM NEW | 44891N208 |
| QRVO | QORVO INC | 309,000 | $26.11M | 0.9% | $88.25 | 0.0% | COM | 74736K101 |
| CMCSA | COMCAST CORP NEW | 868,700 | $25.97M | 0.9% | $28.53 | 0.0% | CL A | 20030N101 |
| NG | NOVAGOLD RES INC | 2,705,100 | $25.21M | 0.9% | $3.70 | +150.5% | COM NEW | 66987E206 |
| PPTA | PERPETUA RESOURCES CORP | 1,028,853 | $24.91M | 0.9% | $13.74 | +79.0% | COM | 714266103 |
| CRL | CHARLES RIV LABS INTL INC | 121,500 | $24.24M | 0.8% | $181.39 | 0.0% | COM | 159864107 |
| LBRDA | LIBERTY BROADBAND CORP | 500,000 | $24.14M | 0.8% | $83.11 | -37.7% | COM SER A | 530307107 |
| — | ON SEMICONDUCTOR CORP | 25,000,000 | $23.7M | 0.8% | $0.98 | — | NOTE 0.500% 3/0 | 682189AU9 |
| IQV | IQVIA HLDGS INC | 104,650 | $23.59M | 0.8% | $217.58 | 0.0% | COM | 46266C105 |
| MDLZ | MONDELEZ INTL INC | 418,000 | $22.5M | 0.8% | $57.06 | 0.0% | CL A | 609207105 |
| LBRT | LIBERTY ENERGY INC | 1,200,000 | $22.15M | 0.8% | $16.71 | 0.0% | COM CL A | 53115L104 |
| SATS | ECHOSTAR CORP | 189,000 | $20.54M | 0.7% | $32.48 | +150.7% | CL A | 278768106 |
| BXSL | BLACKSTONE SECD LENDING FD | 765,000 | $20.14M | 0.7% | $26.09 | 0.0% | COMMON STOCK | 09261X102 |
| KMB | KIMBERLY-CLARK CORP | 187,200 | $18.89M | 0.7% | $108.41 | 0.0% | COM | 494368103 |
| AMBP | ARDAGH METAL PACKAGING S A | 4,000,000 | $16.4M | 0.6% | $7.46 | -49.1% | SHS | L02235106 |
| SBGI | SINCLAIR INC | 1,044,493 | $15.98M | 0.6% | $13.96 | +6.4% | CL A | 829242106 |
| GTEN | GORES HLDGS X INC | 1,475,000 | $15.12M | 0.5% | $10.22 | +1.0% | SHS CL A | G4002F109 |
| — | AMPHASTAR PHARMACEUTICALS IN | 16,265,000 | $14.99M | 0.5% | $0.93 | — | NOTE 2.000% 3/1 | 03209RAB9 |
| CTRI | CENTURI HOLDINGS INC | 578,000 | $14.59M | 0.5% | $22.36 | 0.0% | COM SHS | 155923105 |
| RAC | RITHM ACQUISITION CORP | 1,389,513 | $14.44M | 0.5% | $10.30 | +0.5% | CL A | G75751100 |
| TFX | TELEFLEX INCORPORATED | 118,000 | $14.4M | 0.5% | $121.00 | 0.0% | COM | 879369106 |
| AEXA | AMERICAN EXCEPTIONALISM ACQU | 1,230,000 | $14.01M | 0.5% | $10.77 | +4.2% | ORD CL A | G0273J101 |
| SIRI | SIRIUSXM HOLDINGS INC | 692,775 | $13.85M | 0.5% | $31.06 | -30.8% | COMMON STOCK | 829933100 |
| TDS | TELEPHONE & DATA SYS INC | 300,000 | $12.3M | 0.4% | $16.99 | +129.3% | COM NEW | 879433829 |
| ACIC | AMERICAN COASTAL INS CORP | 940,500 | $11.88M | 0.4% | $10.43 | +8.9% | COM | 910710102 |
| DSACU | DAEDALUS SPL ACQUISITION COR | 1,132,000 | $11.37M | 0.4% | $10.04 | — | UNIT 11/10/2030 | G2616C124 |
| LLYVK | LIBERTY LIVE HOLDINGS INC | 134,300 | $11.17M | 0.4% | $85.87 | 0.0% | COM SHS SER C | 530909308 |
| GLIBK | GCI LIBERTY INC | 293,218 | $10.91M | 0.4% | $35.21 | -0.3% | COM SER C | 36164V800 |
| — | PENGUIN SOLUTIONS INC | 10,500,000 | $10.66M | 0.4% | $1.19 | — | NOTE 2.000% 8/1 | 83205YAE4 |
| RNAM | AVIDITY BIOSCIENCES INC | 143,000 | $10.31M | 0.4% | $64.59 | 0.0% | COM | 05370A108 |
| OACC | OAKTREE ACQUISITION CORP III | 900,000 | $9.522M | 0.3% | $10.47 | +1.1% | SHS CL A | G6717R104 |
| VHCPU | VINE HILL CAP INVTS CORP II | 950,000 | $9.52M | 0.3% | $10.02 | — | UNIT 11/25/2030 | G9709D125 |
| SNCY | SUN CTRY AIRLS HLDGS INC | 640,000 | $9.21M | 0.3% | $11.32 | +12.9% | COM | 866683105 |
| AGI | ALAMOS GOLD INC NEW | 203,300 | $7.843M | 0.3% | $12.28 | +183.7% | COM CL A | 011532108 |
| LLYVA | LIBERTY LIVE HOLDINGS INC | 72,250 | $5.888M | 0.2% | $83.24 | 0.0% | COM SER A | 530909100 |
| INFQ/WS | CHURCHILL CAP CORP X | 762,500 | $5.871M | 0.2% | $7.70 | — | *W EXP 05/14/203 | G2130T116 |
| LAD | LITHIA MTRS INC | 15,400 | $5.118M | 0.2% | $317.53 | 0.0% | COM | 536797103 |
| — | ITRON INC | 5,000,000 | $5.048M | 0.2% | $1.01 | — | NOTE 1.375% 7/1 | 465741AQ9 |
| AEM | AGNICO EAGLE MINES LTD | 27,700 | $4.696M | 0.2% | $50.41 | +233.0% | COM | 008474108 |
| OXY | OCCIDENTAL PETE CORP | 104,900 | $4.313M | 0.2% | $44.74 | -7.1% | COM | 674599105 |
| — | CABLE ONE INC | 4,000,000 | $3.936M | 0.1% | $0.98 | — | NOTE 3/1 | 12685JAE5 |
| EQT | EQT CORP | 71,600 | $3.838M | 0.1% | $53.58 | +4.8% | COM | 26884L109 |
| EXE | EXPAND ENERGY CORPORATION | 34,500 | $3.807M | 0.1% | $109.10 | +1.4% | COM | 165167735 |
| GLIBA | GCI LIBERTY INC | 99,999 | $3.687M | 0.1% | $35.52 | -1.2% | COM SER A | 36164V602 |
| PCSC | PERCEPTIVE CAP SOLUTIONS COR | 282,100 | $3.676M | 0.1% | $11.28 | 0.0% | CL A ORD SHS | G70077105 |
| RRC | RANGE RES CORP | 101,300 | $3.572M | 0.1% | $37.69 | -1.2% | COM | 75281A109 |
| AR | ANTERO RESOURCES CORP | 101,400 | $3.494M | 0.1% | $37.87 | -10.6% | COM | 03674X106 |
| CEPF | CANTOR EQUITY PARTNERS IV IN | 300,000 | $3.084M | 0.1% | $10.15 | +2.4% | SHS CL A | G1828E100 |
| CTRA | COTERRA ENERGY INC | 115,400 | $3.037M | 0.1% | $24.80 | +1.2% | COM | 127097103 |
| VCIC | VINE HILL CAP INVT CORP. | 266,123 | $2.866M | 0.1% | $10.95 | 0.0% | ORD SHS CL A | G93Y09107 |
| CRK | COMSTOCK RES INC | 118,900 | $2.756M | 0.1% | $22.76 | -3.2% | COM | 205768302 |
| CAEP | CANTOR EQUITY PARTNERS III I | 250,000 | $2.55M | 0.1% | $10.53 | -1.5% | SHS CL A | G1828A108 |
| — | BLACKLINE INC | 1,500,000 | $1.585M | 0.1% | $1.06 | — | NOTE 1.000% 6/0 | 09239BAF6 |
| CCIXW | CHURCHILL CAPITAL CORP IX | 440,000 | $389K | 0.0% | $0.43 | — | *W EXP 03/31/203 | G21301117 |
| COCHW | ENVOY MEDICAL INC | 75,000 | $2,918 | 0.0% | $0.02 | — | *W EXP 09/29/202 | 29415V117 |
| BENFW | BENEFICIENT | 100,000 | $1,060 | 0.0% | $0.05 | — | *W EXP 06/07/202 | 08178Q119 |