Location: Durham, NC
CIK: 0001278960 · Show all filings
Period: Q1 2025 (← Previous) (Next →)
Filing Date: May 15, 2025
Total Value: $724M (16.6% shares, 83.4% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| HYG | ISHARES TR | 1,000,000 | $78.89M | 10.9% | $78.89 | — | — | Put | 464288513 |
| — | TYLER TEX INDPT SCH DIST | 23,994,000 | $29.31M | 4.0% | $1.22 | $1.22 | — | NOTE 0.250% 3/1 | 902252AB1 |
| SPY | SPDR S&P 500 ETF TR | 50,000 | $27.97M | 3.9% | $559.39 | — | — | Put | 78462F103 |
| — | VISHAY INTERTECHNOLOGY INC | 29,807,000 | $26.42M | 3.6% | $0.89 | $0.91 | — | NOTE 2.250% 9/1 | 928298AR9 |
| — | JBT MAREL CORPORATION | 26,300,000 | $26.38M | 3.6% | $1.00 | $1.00 | — | NOTE 0.250% 5/1 | 477839AB0 |
| — | SEAGATE HDD CAYMAN | 21,500,000 | $25.92M | 3.6% | $1.21 | $1.31 | — | NOTE 3.500% 6/0 | 81180WBL4 |
| — | SOUTHWEST AIRLS CO | 25,498,000 | $25.48M | 3.5% | $1.00 | $1.00 | — | NOTE 1.250% 5/0 | 844741BG2 |
| — | Porch Group Inc | 26,275,000 | $23.32M | 3.2% | $0.89 | $0.65 | — | NOTE 6.750 10/01/28 | 733245AC8 |
| — | ECHOSTAR CORP | 20,561,502 | $23.02M | 3.2% | $1.12 | $1.06 | — | NOTE 3.875%11/3 | 278768AB2 |
| — | VIAVI SOLUTIONS INC | 21,332,000 | $22.94M | 3.2% | $1.08 | $1.02 | — | NOTE 1.625% 3/1 | 925550AH8 |
| — | COINBASE GLOBAL INC | 21,427,000 | $20.99M | 2.9% | $0.98 | $1.02 | — | NOTE 0.500% 6/0 | 19260QAB3 |
| — | LIVE NATION ENTERTAINMENT IN | 14,482,000 | $20.14M | 2.8% | $1.39 | $1.39 | — | NOTE 3.125% 1/1 | 538034BA6 |
| — | AKAMAI TECHNOLOGIES INC | 19,800,000 | $19.33M | 2.7% | $0.98 | $0.98 | — | NOTE 0.375% 9/0 | 00971TAL5 |
| — | FLUOR CORP | 17,500,000 | $18.65M | 2.6% | $1.07 | $1.07 | — | NOTE 1.125% 8/1 | 343412AJ1 |
| — | GROUPON INC | 17,084,000 | $17.87M | 2.5% | $1.05 | $0.97 | — | NOTE 6.250% 3/1 | 399473AH0 |
| — | BENTLEY SYS INC | 17,500,000 | $15.95M | 2.2% | $0.91 | $0.90 | — | NOTE 0.375% 7/0 | 08265TAD1 |
| — | WESTERN DIGITAL CORP | 12,392,000 | $15.95M | 2.2% | $1.29 | $1.33 | — | NOTE 3.000%11/1 | 958102AT2 |
| — | SEMTECH CORP | 11,500,000 | $14.23M | 2.0% | $1.24 | $0.86 | — | NOTE 1.625%11/0 | 816850AF8 |
| — | LIVEPERSON INC | 39,443,000 | $14.13M | 2.0% | $0.36 | $0.57 | — | NOTE 12/1 | 538146AD3 |
| — | ACCURAY INC DEL | 15,096,000 | $13.86M | 1.9% | $0.92 | $0.81 | — | NOTE 3.750% 6/0 | 004397AK1 |
| — | COLLEGIUM PHARMACEUTICAL INC | 12,800,000 | $13.83M | 1.9% | $1.08 | $1.05 | — | NOTE 2.875% 2/1 | 19459JAC8 |
| VRM | VROOM INC | 424,873 | $12.53M | 1.7% | $29.48 * | $26.79 | 0.0% | COM NEW | 92918V307 |
| — | DEXCOM INC | 14,000,000 | $12.51M | 1.7% | $0.89 | $0.89 | — | NOTE 0.375% 5/1 | 252131AM9 |
| — | PAGERDUTY INC | 12,000,000 | $11.92M | 1.6% | $0.99 | $0.99 | — | NOTE 1.500%10/1 | 69553PAD2 |
| — | ON SEMICONDUCTOR CORP | 11,000,000 | $11.6M | 1.6% | $1.05 | $1.27 | — | NOTE 5/0 | 682189AS4 |
| — | FORD MTR CO | 11,500,000 | $11.26M | 1.6% | $0.98 | $0.98 | — | NOTE 3/1 | 345370CZ1 |
| — | 8X8 INC NEW | 13,220,000 | $11.17M | 1.5% | $0.85 | $0.78 | — | NOTE 4.000% 2/0 | 282914AE0 |
| — | EVENTBRITE INC | 11,473,000 | $10.46M | 1.4% | $0.91 | $0.82 | — | NOTE 0.750% 9/1 | 29975EAD1 |
| — | WOLFSPEED INC | 42,000,000 | $9.493M | 1.3% | $0.23 | $0.36 | — | NOTE 1.875%12/0 | 977852AD4 |
| — | LUMINAR TECHNOLOGIES INC | 20,190,000 | $9.388M | 1.3% | $0.47 | $0.64 | — | DEBT 11.500% 1/1 | 550424AE5 |
| — | LUMENTUM HLDGS INC | 9,500,000 | $8.778M | 1.2% | $0.92 | $0.95 | — | NOTE 0.500% 6/1 | 55024UAF6 |
| — | CERENCE INC | 12,000,000 | $8.365M | 1.2% | $0.70 | $0.70 | — | NOTE 1.500% 7/0 | 156727AD1 |
| — | BRIDGEBIO PHARMA INC | 9,000,000 | $8.1M | 1.1% | $0.90 | $0.80 | — | NOTE 2.250% 2/0 | 10806XAD4 |
| — | PAR TECHNOLOGY CORP | 7,500,000 | $8.073M | 1.1% | $1.08 | $1.08 | — | NOTE 1.500%10/1 | 698884AE3 |
| — | WAYFAIR INC | 7,487,000 | $8.029M | 1.1% | $1.07 | $1.40 | — | NOTE 3.500%11/1 | 94419LAR2 |
| — | AMPHASTAR PHARMACEUTICALS IN | 8,423,000 | $7.501M | 1.0% | $0.89 | $0.89 | — | NOTE 2.000% 3/1 | 03209RAB9 |
| — | 3D SYS CORP DEL | 8,000,000 | $7.308M | 1.0% | $0.91 | $0.75 | — | NOTE 11/1 | 88554DAD8 |
| — | Lucid Group Inc | 9,000,000 | $7.159M | 1.0% | $0.80 | $0.52 | — | NOTE 1.250 12/15/26 | 549498AA1 |
| HLIT | HARMONIC INC | 725,000 | $6.953M | 1.0% | $9.59 * | $12.68 | -13.1% | COM | 413160102 |
| — | VERITONE INC | 15,744,000 | $6.679M | 0.9% | $0.42 | $0.54 | — | NOTE 1.750%11/1 | 92347MAB6 |
| — | STEM Inc | 27,100,000 | $6.599M | 0.9% | $0.24 | $0.42 | — | NOTE 4.250 04/01/30 | 85859NAC6 |
| — | LUMENTUM HLDGS INC | 5,214,000 | $6.139M | 0.8% | $1.18 | $1.16 | — | NOTE 1.500%12/1 | 55024UAH2 |
| — | INOTIV INC | 16,092,000 | $5.38M | 0.7% | $0.33 | $0.42 | — | NOTE 3.250%10/1 | 45783QAB6 |
| — | Indie Semiconductor Inc | 5,810,000 | $4.777M | 0.7% | $0.82 | $0.89 | — | NOTE 4.500 11/15/27 | 45569UAA9 |
| PCG | PG&E CORP | 105,000 | $4.698M | 0.6% | $44.74 * | $16.45 | 0.0% | COM | 69331C108 |
| — | BEYOND MEAT INC | 34,216,000 | $4.117M | 0.6% | $0.12 | $0.36 | — | NOTE 3/1 | 08862EAB5 |
| — | BANDWIDTH INC | 5,000,000 | $4.053M | 0.6% | $0.81 | $0.76 | — | NOTE 0.500% 4/0 | 05988JAD5 |
| — | Porch Group Inc | 4,500,000 | $3.964M | 0.5% | $0.88 | $0.52 | — | NOTE 0.75 09/15/26 | 733245AA2 |
| — | LUMINAR TECHNOLOGIES INC | 7,249,000 | $3.733M | 0.5% | $0.52 | $0.78 | — | DEBT 9.000% 1/1 | 550424AD7 |
| — | Qimonda AG | 12,400,000 | $2.852M | 0.4% | $0.23 | $0.51 | — | NOTE 6.750 03/22/13 | 74732WAA7 |
| RDNW | RUMBLEON INC | 459,738 | $1.296M | 0.2% | $2.82 * | $15.21 | -72.9% | COM CL B | 781386305 |
| — | TPI COMPOSITES INC | 7,525,000 | $1.211M | 0.2% | $0.16 | $0.54 | — | NOTE 5.250% 3/1 | 87266JAB0 |
| — | AVADEL PHARMACEUTICALS PLC | 130,000 | $1.018M | 0.1% | $7.83 | $7.83 | — | COM SHS | G29687103 |
| — | AVADEL PHARMACEUTICALS PLC | 100,000 | $783K | 0.1% | $7.83 | $7.83 | — | Call | G29687103 |
| MX | MAGNACHIP SEMICONDUCTOR CORP | 220,000 | $755K | 0.1% | $3.43 * | $18.49 | -77.2% | COM | 55933J203 |
| GOSS | GOSSAMER BIO INC | 350,000 | $385K | 0.1% | $1.10 * | $1.16 | 0.0% | COM | 38341P102 |
| VERI | VERITONE INC | 100,000 | $233K | 0.0% | $2.33 * | $2.23 | +30.2% | COM | 92347M100 |
| KPTI | KARYOPHARM THERAPEUTICS INC | 50,000 | $187K | 0.0% | $3.74 * | $8.54 | 0.0% | COM NEW | 48576U205 |
| ARAY | ACCURAY INC | 69,061 | $124K | 0.0% | $1.79 * | $1.89 | +10.6% | COM | 004397105 |
| AISPW | AIRSHIP AI HLDGS INC | 12,500 | $14,000 | 0.0% | $1.12 | $1.12 | — | *W EXP 12/21/202 | 008940116 |
| ZAPWF | ZAPP ELEC VEHS GROUP LTD | 7,961 | $70 | 0.0% | $0.01 | $0.01 | — | *W EXP 99/99/999 | G9889X115 |