Location: Mill Valley, CA
CIK: 0001728201 · Show all filings
Period: Q4 2024 (← Previous) (Next →)
Filing Date: Feb 14, 2025
Total Value: $3.123B (37.2% shares, 62.8% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| OXY/WS | OCCIDENTAL PETE CORP | 8,542,000 | $235M | 7.5% | $37.58 | — | *W EXP 08/03/202 | 674599162 |
| EXEEZ | EXPAND ENERGY CORPORATION | 2,295,261 | $207M | 6.6% | $51.74 | — | *W EXP 02/09/202 | 165167172 |
| — | HEWLETT PACKARD ENTERPRISE C | 1,800,000 | $111M | 3.6% | $60.97 | — | 7.625 MAND CONV | 42824C208 |
| EXEEL | EXPAND ENERGY CORPORATION | 1,294,097 | $111M | 3.6% | $48.95 | — | *W EXP 02/09/202 | 165167180 |
| — | PG&E CORP | 100,000,000 | $109M | 3.5% | $1.09 | — | NOTE 4.250%12/0 | 69331CAL2 |
| EXEEW | EXPAND ENERGY CORPORATION | 1,146,996 | $109M | 3.5% | $50.55 | — | *W EXP 02/09/202 | 165167164 |
| — | FORD MTR CO | 101,500,000 | $98.56M | 3.2% | $1.00 | — | NOTE 3/1 | 345370CZ1 |
| — | RIVIAN AUTOMOTIVE INC | 108,000,000 | $96.98M | 3.1% | $0.90 | — | NOTE 3.625%10/1 | 76954AAD5 |
| — | SOUTHERN CO | 90,000,000 | $94.66M | 3.0% | $1.00 | — | NOTE 3.875%12/1 | 842587DP9 |
| — | CENTERPOINT ENERGY INC | 77,500,000 | $79.55M | 2.5% | $1.02 | — | NOTE 4.250% 8/1 | 15189TBD8 |
| — | AMERICAN WTR CAP CORP | 75,000,000 | $74.4M | 2.4% | $1.03 | — | NOTE 3.625% 6/1 | 03040WBE4 |
| — | AIRBNB INC | 75,000,000 | $70.54M | 2.3% | $0.93 | — | NOTE 3/1 | 009066AB7 |
| — | VENTAS RLTY LTD PARTNERSHIP | 59,500,000 | $67.95M | 2.2% | $1.05 | — | NOTE 3.750% 6/0 | 92277GAZ0 |
| — | ETSY INC | 65,000,000 | $63.11M | 2.0% | $2.07 | — | NOTE 0.125%10/0 | 29786AAJ5 |
| — | FIRSTENERGY CORP | 62,500,000 | $63.03M | 2.0% | $0.99 | — | NOTE 4.000% 5/0 | 337932AR8 |
| — | CMS ENERGY CORP | 60,000,000 | $62.43M | 2.0% | $0.98 | — | NOTE 3.375% 5/0 | 125896BX7 |
| — | BRIGHTSPRING HEALTH SVCS INC | 990,000 | $61.97M | 2.0% | $58.19 | — | UNIT 02/01/2027 | 10950A205 |
| — | ALLIANT ENERGY CORP | 60,000,000 | $61.86M | 2.0% | $0.99 | — | NOTE 3.875% 3/1 | 018802AC2 |
| — | SEAGATE HDD CAYMAN | 50,000,000 | $60.27M | 1.9% | $1.28 | — | NOTE 3.500% 6/0 | 81180WBL4 |
| — | EVERGY INC | 50,000,000 | $54.52M | 1.7% | $1.09 | — | NOTE 4.500%12/1 | 30034WAD8 |
| — | PROGRESS SOFTWARE CORP | 45,000,000 | $54.2M | 1.7% | $1.06 | — | NOTE 1.000% 4/1 | 743312AB6 |
| — | ALNYLAM PHARMACEUTICALS INC | 50,000,000 | $53.27M | 1.7% | $1.02 | — | NOTE 1.000% 9/1 | 02043QAB3 |
| — | NEXTERA ENERGY INC | 1,050,000 | $51.23M | 1.6% | $50.98 | — | UNIT 06/01/2027 | 65339F663 |
| — | SHOPIFY INC | 50,000,000 | $51.02M | 1.6% | $0.90 | — | NOTE 0.125%11/0 | 82509LAA5 |
| — | UNITY SOFTWARE INC | 55,250,000 | $50.61M | 1.6% | $0.76 | — | NOTE 11/1 | 91332UAB7 |
| — | GUARDANT HEALTH INC | 60,000,000 | $50.55M | 1.6% | $0.95 | — | NOTE 11/1 | 40131MAB5 |
| — | INTERDIGITAL INC | 20,000,000 | $50.35M | 1.6% | $1.95 | — | NOTE 3.500% 6/0 | 45867GAD3 |
| — | DUKE ENERGY CORP NEW | 48,000,000 | $49.44M | 1.6% | $1.00 | — | NOTE 4.125% 4/1 | 26441CBY0 |
| — | REPLIGEN CORP | 45,000,000 | $46.13M | 1.5% | $1.02 | — | NOTE 1.000%12/1 | 759916AD1 |
| — | ALBEMARLE CORP | 1,100,000 | $44.76M | 1.4% | $55.10 | — | 7.25% DEP SHS A | 012653200 |
| — | ALARM COM HLDGS INC | 42,500,000 | $40.31M | 1.3% | $0.86 | — | NOTE 1/1 | 011642AB1 |
| FLR | FLUOR CORP NEW | 813,350 | $40.11M | 1.3% | $37.43 | +40.8% | COM | 343412102 |
| — | DATADOG INC | 25,550,000 | $39.68M | 1.3% | $1.47 | — | NOTE 0.125% 6/1 | 23804LAB9 |
| — | BLACKLINE INC | 38,500,000 | $36.29M | 1.2% | $0.86 | — | NOTE 3/1 | 09239BAD1 |
| — | EXACT SCIENCES CORP | 35,000,000 | $32.48M | 1.0% | $0.94 | — | NOTE 0.375% 3/1 | 30063PAB1 |
| — | INTEGER HLDGS CORP | 20,000,000 | $32.06M | 1.0% | $1.46 | — | NOTE 2.125% 2/1 | 45826HAB5 |
| — | CHART INDS INC | 450,000 | $31.72M | 1.0% | $53.24 | — | 6.75DP CNV PFD B | 16115Q407 |
| CNK | CINEMARK HLDGS INC | 959,796 | $29.73M | 1.0% | $15.71 | +94.5% | COM | 17243V102 |
| CCL | CARNIVAL CORP | 1,004,704 | $25.04M | 0.8% | $12.52 | +87.0% | UNIT 99/99/9999 | 143658300 |
| — | MIDDLEBY CORP | 20,000,000 | $22.39M | 0.7% | $1.13 | — | NOTE 1.000% 9/0 | 596278AB7 |
| — | FRESHPET INC | 10,000,000 | $22.14M | 0.7% | $1.80 | — | NOTE 3.000% 4/0 | 358039AB1 |
| — | ENPHASE ENERGY INC | 21,167,000 | $21.55M | 0.7% | $2.14 | — | NOTE 0.250% 3/0 | 29355AAF4 |
| — | CYTOKINETICS INC | 17,500,000 | $20.84M | 0.7% | $1.27 | — | NOTE 3.500% 7/0 | 23282WAC4 |
| — | JAMF HLDG CORP | 20,500,000 | $18.78M | 0.6% | $0.82 | — | NOTE 0.125% 9/0 | 47074LAB1 |
| — | PPL CAP FDG INC | 17,500,000 | $18.32M | 0.6% | $0.97 | — | NOTE 2.875% 3/1 | 69352PAS2 |
| — | CONFLUENT INC | 20,000,000 | $18.02M | 0.6% | $0.78 | — | NOTE 1/1 | 20717MAB9 |
| — | PG&E CORP | 330,000 | $16.43M | 0.5% | $49.79 | — | PFD CONV SER A | 69331C306 |
| — | UBER TECHNOLOGIES INC | 250,000 | $15.08M | 0.5% | — | — | Call | 90353T900 |
| COIN | COINBASE GLOBAL INC | 58,800 | $14.6M | 0.5% | $209.86 | +21.0% | COM CL A | 19260Q107 |
| — | ETSY INC | 17,500,000 | $14.38M | 0.5% | $0.81 | — | NOTE 0.250% 6/1 | 29786AAN6 |
| — | PROS HOLDINGS INC | 15,000,000 | $14.36M | 0.5% | $0.94 | — | NOTE 2.250% 9/1 | 74346YAG8 |
| — | BENTLEY SYS INC | 15,500,000 | $14M | 0.4% | $0.82 | — | NOTE 0.375% 7/0 | 08265TAD1 |
| — | ENOVIS CORPORATION | 12,500,000 | $13.26M | 0.4% | $1.06 | — | NOTE 3.875%10/1 | 194014AB2 |
| — | CSG SYS INTL INC | 12,500,000 | $12.65M | 0.4% | $1.00 | — | NOTE 3.875% 9/1 | 126349AH2 |
| — | LIVE NATION ENTERTAINMENT IN | 9,000,000 | $12.28M | 0.4% | $1.36 | — | NOTE 3.125% 1/1 | 538034BA6 |
| — | RAPID7 INC | 11,925,000 | $11.78M | 0.4% | $1.53 | — | NOTE 2.250% 5/0 | 753422AD6 |
| — | DISCOVER FINL SVCS | 62,478 | $10.82M | 0.3% | $148.35 | — | COM | 254709108 |
| — | GUIDEWIRE SOFTWARE INC | 6,514,000 | $9.647M | 0.3% | $1.03 | — | NOTE 1.250% 3/1 | 40171VAA8 |
| — | MIRUM PHARMACEUTICALS INC | 6,000,000 | $9.158M | 0.3% | $1.53 | — | NOTE 4.000% 5/0 | 604749AB7 |
| — | EPR PPTYS | 440,000 | $9.152M | 0.3% | $18.70 | — | PFD C CV 5.75% | 26884U208 |
| — | SNAP INC | 10,000,000 | $8.7M | 0.3% | $0.83 | — | NOTE 5/0 | 83304AAF3 |
| — | VARONIS SYS INC | 5,000,000 | $7.285M | 0.2% | $1.95 | — | NOTE 1.250% 8/1 | 922280AB8 |
| SIRI | SIRIUSXM HOLDINGS INC | 293,124 | $6.683M | 0.2% | $31.06 | -17.9% | COMMON STOCK | 829933100 |
| — | SEMTECH CORP | 3,750,000 | $6.639M | 0.2% | $1.77 | — | NOTE 1.625%11/0 | 816850AF8 |
| — | PEGASYSTEMS INC | 5,000,000 | $4.973M | 0.2% | $0.99 | — | NOTE 0.750% 3/0 | 705573AB9 |
| — | LUMENTUM HLDGS INC | 5,000,000 | $4.848M | 0.2% | $0.80 | — | NOTE 0.500% 6/1 | 55024UAF6 |
| SPOT | SPOTIFY TECHNOLOGY S A | 10,700 | $4.787M | 0.2% | $332.48 | +28.8% | SHS | L8681T102 |
| — | EXACT SCIENCES CORP | 4,675,000 | $4.669M | 0.1% | $1.72 | — | NOTE 1.000% 1/1 | 30063PAA3 |
| RPAY | REPAY HLDGS CORP | 578,484 | $4.414M | 0.1% | $10.59 | -24.6% | COM CL A | 76029L100 |
| — | LIVEPERSON INC | 9,400,000 | $4.23M | 0.1% | $0.65 | — | NOTE 12/1 | 538146AD3 |
| — | PTC THERAPEUTICS INC | 3,000,000 | $3.358M | 0.1% | $1.12 | — | NOTE 1.500% 9/1 | 69366JAD3 |
| — | CLOUDFLARE INC | 3,500,000 | $3.355M | 0.1% | $0.85 | — | NOTE 8/1 | 18915MAC1 |
| — | PACIRA BIOSCIENCES INC | 3,298,000 | $3.203M | 0.1% | $0.93 | — | NOTE 0.750% 8/0 | 695127AF7 |
| PD | PAGERDUTY INC | 163,300 | $2.982M | 0.1% | $20.43 | -6.2% | COM | 69553P100 |
| — | ENPHASE ENERGY INC | 3,500,000 | $2.879M | 0.1% | $0.82 | — | NOTE 3/0 | 29355AAK3 |
| — | CUTERA INC | 20,355,000 | $2.809M | 0.1% | $0.98 | — | NOTE 2.250% 3/1 | 232109AB4 |
| — | WOLFSPEED INC | 412,179 | $2.745M | 0.1% | $20.83 | — | COM | 977852102 |
| PSN | PARSONS CORP DEL | 29,300 | $2.703M | 0.1% | $74.27 | +37.3% | COM | 70202L102 |
| — | BENTLEY SYS INC | 2,500,000 | $2.438M | 0.1% | $1.01 | — | NOTE 0.125% 1/1 | 08265TAB5 |
| WK | WORKIVA INC | 22,200 | $2.431M | 0.1% | $92.18 | 0.0% | COM CL A | 98139A105 |
| — | HAEMONETICS CORP MASS | 2,500,000 | $2.366M | 0.1% | $0.84 | — | NOTE 3/0 | 405024AB6 |
| JAZZ | JAZZ PHARMACEUTICALS PLC | 16,700 | $2.057M | 0.1% | $121.17 | -2.7% | SHS USD | G50871105 |
| — | ALLETE INC | 26,476 | $1.716M | 0.1% | $64.80 | — | COM NEW | 018522300 |
| — | EPR PPTYS | 50,000 | $1.393M | 0.0% | $25.68 | — | CONV PFD 9% SR E | 26884U307 |
| GCMGW | GCM GROSVENOR INC | 1,085,000 | $1.367M | 0.0% | $0.65 | — | *W EXP 11/17/202 | 36831E116 |
| — | COMPOSECURE INC | 231,114 | $1.105M | 0.0% | $3.82 | — | *W EXP 12/27/202 | 20459V113 |
| — | CUTERA INC | 9,500,000 | $855K | 0.0% | $0.22 | — | NOTE 4.000% 6/0 | 232109AG3 |
| BAX | BAXTER INTL INC | 25,000 | $729K | 0.0% | $40.15 | -17.9% | COM | 071813109 |
| CLF | CLEVELAND-CLIFFS INC NEW | 73,000 | $686K | 0.0% | $20.89 | -42.3% | COM | 185899101 |
| ASTLW | ALGOMA STL GROUP INC | 414,191 | $601K | 0.0% | $1.04 | — | *W EXP 10/19/202 | 015658115 |
| ADNT | ADIENT PLC | 26,500 | $457K | 0.0% | $25.89 | -22.8% | ORD SHS | G0084W101 |
| OMF | ONEMAIN HLDGS INC | 8,426 | $439K | 0.0% | $40.79 | +27.1% | COM | 68268W103 |
| ZD | ZIFF DAVIS INC | 7,033 | $382K | 0.0% | $90.13 | -41.8% | COM | 48123V102 |
| GT | GOODYEAR TIRE & RUBR CO | 30,000 | $270K | 0.0% | $11.09 | -17.6% | COM | 382550101 |
| OI | O-I GLASS INC | 20,000 | $217K | 0.0% | $9.82 | +23.7% | COM | 67098H104 |
| — | CUTERA INC | 2,000,000 | $180K | 0.0% | $0.20 | — | NOTE 2.250% 6/0 | 232109AD0 |
| — | IMMATICS N.V | 252,741 | $63,564 | 0.0% | $3.58 | — | *W EXP 07/01/202 | N44445117 |