Location: Durham, NC
CIK: 0001278960 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 17, 2026
Total Value: $684M (7.5% shares, 92.5% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| — | SEAGATE HDD CAYMAN | 15,438,000 | $51.87M | 7.6% | $3.36 | $1.31 | — | NOTE 3.500% 6/0 | 81180WBL4 |
| — | COINBASE GLOBAL INC | 32,977,000 | $32.92M | 4.8% | $1.00 | $1.02 | — | NOTE 0.500% 6/0 | 19260QAB3 |
| — | IAC 0.875 06/15/26 CVT | 31,603,000 | $30.97M | 4.5% | $0.98 | $0.97 | — | Note 0.875% 06/15 | 44932FAA5 |
| — | BRIDGEBIO PHARMA INC | 26,950,000 | $30.35M | 4.4% | $1.13 | $1.03 | — | NOTE 2.250% 2/0 | 10806XAD4 |
| — | TYLER TEX INDPT SCH DIST | 28,206,000 | $28.58M | 4.2% | $1.01 | $1.20 | — | NOTE 0.250% 3/1 | 902252AB1 |
| — | ON SEMICONDUCTOR CORP | 23,571,000 | $28.11M | 4.1% | $1.19 | $1.20 | — | NOTE 5/0 | 682189AS4 |
| — | JBT MAREL CORPORATION | 27,300,000 | $28M | 4.1% | $1.03 | $1.01 | — | NOTE 0.250% 5/1 | 477839AB0 |
| — | VISHAY INTERTECHNOLOGY INC | 29,833,000 | $26.87M | 3.9% | $0.90 | $0.91 | — | NOTE 2.250% 9/1 | 928298AR9 |
| — | COLLEGIUM PHARMACEUTICAL INC | 18,300,000 | $25.83M | 3.8% | $1.41 | $1.14 | — | NOTE 2.875% 2/1 | 19459JAC8 |
| — | UBER TECHNOLOGIES INC | 19,000,000 | $24.69M | 3.6% | $1.30 | $1.45 | — | NOTE 0.875%12/0 | 90353TAM2 |
| — | EVERGY INC | 20,096,000 | $24.45M | 3.6% | $1.22 | $1.18 | — | NOTE 4.500%12/1 | 30034WAD8 |
| — | VARONIS SYS INC | 22,955,000 | $21.33M | 3.1% | $0.93 | $0.93 | — | NOTE 1.000% 9/1 | 922280AD4 |
| — | PORCH GROUP INC | 17,500,000 | $19.85M | 2.9% | $1.13 | $1.30 | — | DEBT 9.000% 5/1 | 733245AD6 |
| — | EZPW 3.750 12/15/29 CVT | 9,500,000 | $17.71M | 2.6% | $1.86 | $1.86 | — | Note 3.750% 12/15 | 302301AG1 |
| — | SEMTECH CORP | 7,700,000 | $15.67M | 2.3% | $2.04 | $0.86 | — | NOTE 1.625%11/0 | 816850AF8 |
| — | PENGUIN SOLUTIONS INC | 15,135,000 | $15.49M | 2.3% | $1.02 | $1.19 | — | NOTE 2.000% 8/1 | 83205YAE4 |
| — | NUTANIX INC | 12,500,000 | $14.08M | 2.1% | $1.13 | $1.41 | — | NOTE 0.250%10/0 | 67059NAH1 |
| — | EXACT SCIENCES CORP | 13,500,000 | $13.86M | 2.0% | $1.03 | $1.03 | — | NOTE 0.375% 3/0 | 30063PAC9 |
| — | PRCH 6.750 10/01/28 '26 CVT | 13,213,000 | $13.22M | 1.9% | $1.00 | $0.69 | — | Note 6.750% 10/1 | 733245AC8 |
| — | WOLFSPEED INC | 8,465,000 | $12.62M | 1.8% | $1.49 | $1.49 | — | NOTE 2.500% 6/1 | 977852AP7 |
| — | PACIRA BIOSCIENCES INC | 12,275,000 | $12.41M | 1.8% | $1.01 | $0.98 | — | NOTE 2.125% 5/1 | 695127AJ9 |
| — | ADVANCED ENERGY INDS | 7,500,000 | $12.3M | 1.8% | $1.64 | $1.64 | — | NOTE 2.500% 9/1 | 007973AE0 |
| — | AKAMAI TECHNOLOGIES INC | 12,000,000 | $12.07M | 1.8% | $1.01 | $1.01 | — | NOTE 0.375% 9/0 | 00971TAL5 |
| — | ALNY 09/15/28 CVT | 12,500,000 | $12.06M | 1.8% | $0.96 | $0.96 | — | Note 0 09/15 | 02043QAC1 |
| — | OMNICELL COM | 11,000,000 | $11.87M | 1.7% | $1.08 | $1.08 | — | NOTE 1.000%12/0 | 68213NAF6 |
| — | PELOTON INTERACTIVE INC | 7,120,000 | $11.84M | 1.7% | $1.66 | $2.23 | — | NOTE 5.500%12/0 | 70614WAD2 |
| LCID | LUCID GROUP INC | 1,094,700 | $11.57M | 1.7% | $10.57 | — | — | Put | 549498202 |
| — | HALOZYME THERAPEUTICS INC | 9,819,000 | $10.63M | 1.6% | $1.08 | $1.08 | — | NOTE 0.250% 3/0 | 40637HAD1 |
| — | EVOLENT HEALTH INC | 15,500,000 | $10.41M | 1.5% | $0.67 | $0.78 | — | NOTE 3.500%12/0 | 30050BAH4 |
| — | FIVE9 INC | 11,530,000 | $10.38M | 1.5% | $0.90 | $0.88 | — | NOTE 1.000% 3/1 | 338307AF8 |
| — | BANDWIDTH INC | 10,500,000 | $9.214M | 1.3% | $0.88 | $0.81 | — | NOTE 0.500% 4/0 | 05988JAD5 |
| VRM | VROOM INC | 425,488 | $8.468M | 1.2% | $19.90 * | $26.71 | -12.5% | COM NEW | 92918V307 |
| — | AMPHASTAR PHARMACEUTICALS IN | 9,080,000 | $8.41M | 1.2% | $0.93 | $0.90 | — | NOTE 2.000% 3/1 | 03209RAB9 |
| HLIT | HARMONIC INC | 650,000 | $6.428M | 0.9% | $9.89 | $12.68 | -20.6% | COM | 413160102 |
| — | 8X8 INC NEW | 6,970,000 | $6.208M | 0.9% | $0.89 | $0.78 | — | NOTE 4.000% 2/0 | 282914AE0 |
| — | EVOLENT HEALTH INC | 8,149,000 | $5.765M | 0.8% | $0.71 | $1.00 | — | DEBT 4.500% 8/1 | 30050BAJ0 |
| — | ECHOSTAR CORP | 1,685,497 | $5.651M | 0.8% | $3.35 | $1.06 | — | NOTE 3.875%11/3 | 278768AB2 |
| — | INOTIV INC | 17,092,000 | $4.102M | 0.6% | $0.24 | $0.41 | — | NOTE 3.250%10/1 | 45783QAB6 |
| — | FLUOR CORP | 3,444,000 | $3.928M | 0.6% | $1.14 | $1.16 | — | NOTE 1.125% 8/1 | 343412AJ1 |
| INDI | INDIE SEMICONDUCTOR INC | 901,300 | $3.182M | 0.5% | $3.53 | — | — | Put | 45569U101 |
| — | QMNDQ 6.750 03/22/13 CVT DFTd | 12,400,000 | $3.162M | 0.5% | $0.26 | $0.51 | — | Note 6.750% 03/22 | 74732WAA7 |
| — | CERENCE INC | 3,400,000 | $3.066M | 0.4% | $0.90 | $0.73 | — | NOTE 1.500% 7/0 | 156727AD1 |
| AVAV | AEROVIRONMENT INC | 12,100 | $2.927M | 0.4% | $241.89 * | $314.38 | 0.0% | COM | 008073108 |
| — | PG&E CORP | 70,000 | $2.856M | 0.4% | $40.80 | $37.60 | — | PFD CONV SER A | 69331C306 |
| ARRY | ARRAY TECHNOLOGIES INC | 295,500 | $2.722M | 0.4% | $9.21 * | $8.58 | 0.0% | COM SHS | 04271T100 |
| CORZ | CORE SCIENTIFIC INC NEW | 160,900 | $2.343M | 0.3% | $14.56 * | $17.44 | 0.0% | COM | 21874A106 |
| NEO | NEOGENOMICS INC | 165,101 | $1.942M | 0.3% | $11.76 * | $7.00 | +54.0% | COM NEW | 64049M209 |
| LPSN | LIVEPERSON INC | 485,001 | $1.877M | 0.3% | $3.87 * | $5.56 | 0.0% | COM | 538146309 |
| ASTS | AST SPACEMOBILE INC | 24,200 | $1.758M | 0.3% | $72.63 | $71.36 | 0.0% | COM CL A | 00217D100 |
| GOSS | GOSSAMER BIO INC | 500,000 | $1.55M | 0.2% | $3.10 * | $1.47 | +94.0% | COM | 38341P102 |
| STNG | SCORPIO TANKERS INC | 30,000 | $1.525M | 0.2% | $50.83 | $39.13 | — | SHS | Y7542C130 |
| TEM | TEMPUS AI INC | 24,700 | $1.459M | 0.2% | $59.08 * | $78.23 | 0.0% | CL A | 88023B103 |
| ARAY | ACCURAY INC | 1,532,519 | $1.264M | 0.2% | $0.82 * | $1.43 | -12.5% | COM | 004397105 |
| WULF | TERAWULF INC | 96,600 | $1.11M | 0.2% | $11.49 * | $13.40 | 0.0% | COM | 88080T104 |
| MX | MAGNACHIP SEMICONDUCTOR CORP | 220,000 | $561K | 0.1% | $2.55 * | $18.49 | -84.9% | COM | 55933J203 |
| KPTI | KARYOPHARM THERAPEUTICS INC | 40,000 | $294K | 0.0% | $7.36 * | $7.50 | -18.5% | COM NEW | 48576U205 |