Location: Durham, NC
CIK: 0001278960 · Show all filings
Period: Q3 2025 (← Previous) (Next →)
Filing Date: Nov 13, 2025
Total Value: $1.044B (29.4% shares, 70.6% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| HYG | ISHARES TR | 1,600,000 | $130M | 12.4% | $81.19 | — | — | Put | 464288513 |
| HYG | ISHARES TR | 1,000,000 | $81.19M | 7.8% | $81.19 | — | — | Call | 464288513 |
| — | SEAGATE HDD CAYMAN | 15,438,000 | $44.51M | 4.3% | $2.88 | $1.31 | — | NOTE 3.500% 6/0 | 81180WBL4 |
| — | Ast Spacemobile Inc | 20,755,000 | $43.58M | 4.2% | $2.10 | $2.06 | — | Note 4.250 03/01 | 00217DAA8 |
| — | WESTERN DIGITAL CORP | 10,695,000 | $34.32M | 3.3% | $3.21 | $1.45 | — | NOTE 3.000%11/1 | 958102AT2 |
| — | TYLER TEX INDPT SCH DIST | 29,147,000 | $32.04M | 3.1% | $1.10 | $1.20 | — | NOTE 0.250% 3/1 | 902252AB1 |
| — | PORCH GROUP INC | 19,500,000 | $29.2M | 2.8% | $1.50 | $1.30 | — | DEBT 9.000% 5/1 | 733245AD6 |
| — | IAC FinanceCo 2, Inc. | 29,192,000 | $28.43M | 2.7% | $0.97 | $0.97 | — | Note 0.875 06/15 | 44932FAA5 |
| — | JBT MAREL CORPORATION | 27,300,000 | $27.61M | 2.6% | $1.01 | $1.01 | — | NOTE 0.250% 5/1 | 477839AB0 |
| — | FORD MTR CO | 26,750,000 | $27.13M | 2.6% | $1.01 | $1.01 | — | NOTE 3/1 | 345370CZ1 |
| — | COINBASE GLOBAL INC | 23,727,000 | $26.41M | 2.5% | $1.11 | $1.03 | — | NOTE 0.500% 6/0 | 19260QAB3 |
| LCID | LUCID GROUP INC | 1,094,700 | $26.04M | 2.5% | $23.79 | — | — | Put | 549498202 |
| — | EVERGY INC | 20,096,000 | $25.25M | 2.4% | $1.26 | $1.18 | — | NOTE 4.500%12/1 | 30034WAD8 |
| — | UBER TECHNOLOGIES INC | 16,500,000 | $24.29M | 2.3% | $1.47 | $1.47 | — | NOTE 0.875%12/0 | 90353TAM2 |
| IWM | ISHARES TR | 100,000 | $24.2M | 2.3% | $241.96 | — | — | Call | 464287655 |
| — | LIVE NATION ENTERTAINMENT IN | 13,632,000 | $22.1M | 2.1% | $1.62 | $1.60 | — | NOTE 3.125% 1/1 | 538034BA6 |
| — | VISHAY INTERTECHNOLOGY INC | 22,720,000 | $20.66M | 2.0% | $0.91 | $0.91 | — | NOTE 2.250% 9/1 | 928298AR9 |
| — | NUTANIX INC | 15,000,000 | $20.65M | 2.0% | $1.38 | $1.41 | — | NOTE 0.250%10/0 | 67059NAH1 |
| — | ECHOSTAR CORP | 8,038,496 | $19.81M | 1.9% | $2.46 | $1.06 | — | NOTE 3.875%11/3 | 278768AB2 |
| — | VIAVI SOLUTIONS INC | 18,533,000 | $19.6M | 1.9% | $1.06 | $1.02 | — | NOTE 1.625% 3/1 | 925550AH8 |
| — | ON SEMICONDUCTOR CORP | 16,571,000 | $18.91M | 1.8% | $1.14 | $1.20 | — | NOTE 5/0 | 682189AS4 |
| — | PENGUIN SOLUTIONS INC | 15,635,000 | $18.66M | 1.8% | $1.19 | $1.19 | — | NOTE 2.000% 8/1 | 83205YAE4 |
| — | COLLEGIUM PHARMACEUTICAL INC | 14,800,000 | $17.55M | 1.7% | $1.19 | $1.07 | — | NOTE 2.875% 2/1 | 19459JAC8 |
| — | PELOTON INTERACTIVE INC | 7,120,000 | $15.91M | 1.5% | $2.23 | $2.23 | — | NOTE 5.500%12/0 | 70614WAD2 |
| — | SEMTECH CORP | 8,000,000 | $15.86M | 1.5% | $1.98 | $0.86 | — | NOTE 1.625%11/0 | 816850AF8 |
| — | FIVE9 INC | 16,780,000 | $14.83M | 1.4% | $0.88 | $0.88 | — | NOTE 1.000% 3/1 | 338307AF8 |
| — | FLUOR CORP | 12,444,000 | $14.77M | 1.4% | $1.19 | $1.16 | — | NOTE 1.125% 8/1 | 343412AJ1 |
| — | AKAMAI TECHNOLOGIES INC | 15,282,000 | $14.38M | 1.4% | $0.94 | $0.95 | — | NOTE 1.125% 2/1 | 00971TAN1 |
| — | Porch Group Inc | 12,523,000 | $12.95M | 1.2% | $1.03 | $0.67 | — | Note 6.750 10/1 | 733245AC8 |
| — | PACIRA BIOSCIENCES INC | 11,525,000 | $11.69M | 1.1% | $1.01 | $0.98 | — | NOTE 2.125% 5/1 | 695127AJ9 |
| — | CERENCE INC | 13,650,000 | $11.32M | 1.1% | $0.83 | $0.73 | — | NOTE 1.500% 7/0 | 156727AD1 |
| VRM | VROOM INC | 414,949 | $11.22M | 1.1% | $27.03 | $26.79 | +2.8% | COM NEW | 92918V307 |
| — | BANDWIDTH INC | 12,500,000 | $10.6M | 1.0% | $0.85 | $0.81 | — | NOTE 0.500% 4/0 | 05988JAD5 |
| — | EVOLENT HEALTH INC | 10,149,000 | $10.17M | 1.0% | $1.00 | $1.00 | — | DEBT 4.500% 8/1 | 30050BAJ0 |
| — | EVOLENT HEALTH INC | 12,500,000 | $10.07M | 1.0% | $0.81 | $0.81 | — | NOTE 3.500%12/0 | 30050BAH4 |
| — | VERITONE INC | 13,244,000 | $9.999M | 1.0% | $0.76 | $0.54 | — | NOTE 1.750%11/1 | 92347MAB6 |
| — | BRIDGEBIO PHARMA INC | 9,450,000 | $9.35M | 0.9% | $0.99 | $0.84 | — | NOTE 2.250% 2/0 | 10806XAD4 |
| — | AMPHASTAR PHARMACEUTICALS IN | 10,008,000 | $9.113M | 0.9% | $0.91 | $0.90 | — | NOTE 2.000% 3/1 | 03209RAB9 |
| — | LUMENTUM HLDGS INC | 6,502,000 | $9.082M | 0.9% | $1.40 | $1.40 | — | NOTE 0.500% 6/1 | 55024UAF6 |
| — | 8X8 INC NEW | 9,720,000 | $8.424M | 0.8% | $0.87 | $0.78 | — | NOTE 4.000% 2/0 | 282914AE0 |
| WOLF | WOLFSPEED INC | 286,407 | $8.191M | 0.8% | $28.60 * | $25.35 | 0.0% | COMMON STOCK | 97785W106 |
| — | LUMINAR TECHNOLOGIES INC | 21,690,000 | $8.094M | 0.8% | $0.37 | $0.63 | — | DEBT 11.500% 1/1 | 550424AE5 |
| — | HAEMONETICS CORP MASS | 8,440,000 | $7.807M | 0.7% | $0.93 | $0.93 | — | NOTE 2.500% 6/0 | 405024AD2 |
| HLIT | HARMONIC INC | 674,600 | $6.867M | 0.7% | $10.18 * | $12.68 | -25.7% | COM | 413160102 |
| ASTS | AST SPACEMOBILE INC | 132,800 | $6.518M | 0.6% | $49.08 | — | — | Put | 00217D100 |
| — | BEYOND MEAT INC | 29,266,000 | $5.841M | 0.6% | $0.20 | $0.36 | — | NOTE 3/1 | 08862EAB5 |
| — | OATLY GROUP AB | 5,052,969 | $4.649M | 0.4% | $0.92 | $0.92 | — | NOTE 9.250% 9/1 | 67421JAC2 |
| — | BENTLEY SYS INC | 4,500,000 | $4.244M | 0.4% | $0.94 | $0.90 | — | NOTE 0.375% 7/0 | 08265TAD1 |
| — | PG&E CORP | 105,000 | $4.135M | 0.4% | $39.38 | $37.60 | — | PFD CONV SER A | 69331C306 |
| — | INOTIV INC | 17,092,000 | $4.049M | 0.4% | $0.24 | $0.41 | — | NOTE 3.250%10/1 | 45783QAB6 |
| INDI | INDIE SEMICONDUCTOR INC | 901,300 | $3.668M | 0.4% | $4.07 | — | — | Put | 45569U101 |
| — | Qimonda AG | 12,400,000 | $3.348M | 0.3% | $0.27 | $0.51 | — | Note 6.750 03/22 | 74732WAA7 |
| — | LUMINAR TECHNOLOGIES INC | 9,249,000 | $3.107M | 0.3% | $0.34 | $0.70 | — | DEBT 9.000% 1/1 | 550424AD7 |
| — | PATRICK INDS INC | 1,400,000 | $2.279M | 0.2% | $1.63 | $1.49 | — | NOTE 1.750%12/0 | 703343AG8 |
| ARAY | ACCURAY INC | 1,066,054 | $1.78M | 0.2% | $1.67 * | $1.51 | -1.7% | COM | 004397105 |
| STNG | SCORPIO TANKERS INC | 30,000 | $1.681M | 0.2% | $56.05 | $39.13 | — | SHS | Y7542C130 |
| — | AVADEL PHARMACEUTICALS PLC | 110,000 | $1.68M | 0.2% | $15.27 | $7.83 | — | COM SHS | G29687103 |
| NEO | NEOGENOMICS INC | 201,313 | $1.554M | 0.1% | $7.72 * | $7.00 | 0.0% | COM NEW | 64049M209 |
| GOSS | GOSSAMER BIO INC | 500,000 | $1.315M | 0.1% | $2.63 * | $1.47 | +49.9% | COM | 38341P102 |
| MX | MAGNACHIP SEMICONDUCTOR CORP | 220,000 | $689K | 0.1% | $3.13 * | $18.49 | -81.7% | COM | 55933J203 |
| HTZ | HERTZ GLOBAL HLDGS INC | 100,000 | $680K | 0.1% | $6.80 | — | — | Call | 42806J700 |
| KPTI | KARYOPHARM THERAPEUTICS INC | 40,000 | $262K | 0.0% | $6.54 * | $7.50 | -28.3% | COM NEW | 48576U205 |
| AISPW | AIRSHIP AI HLDGS INC | 12,500 | $21,000 | 0.0% | $1.68 | $1.12 | — | *W EXP 12/21/202 | 008940116 |