Location: Wichita, KS
CIK: 0001888968 · Show all filings
Period: Q3 2025 (← Previous) (Next →)
Filing Date: Nov 12, 2025
Total Value: $1.145B (68.1% shares, 31.9% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| SPY | SPDR S&P 500 ETF TR | 300,000 | $200M | 17.5% | — | — | Put | 78462F103 |
| SPMC | SOUND POINT MERIDIAN CAP INC | 10,784,192 | $187M | 16.3% | $17.88 | — | COMMON STOCK | 83617A108 |
| ASPN | ASPEN AEROGELS INC | 12,280,426 | $85.47M | 7.5% | $14.34 | -50.8% | COM | 04523Y105 |
| RSSY | TIDAL TRUST II | 4,075,000 | $81.96M | 7.2% | $21.10 | — | RETURN STACKED U | 88636J345 |
| RSBY | TIDAL TRUST II | 5,000,000 | $81.78M | 7.1% | $19.77 | — | RETURN STACKED B | 88636J352 |
| HYG | ISHARES TR | 700,000 | $56.83M | 5.0% | — | — | Put | 464288513 |
| VSH | VISHAY INTERTECHNOLOGY INC | 3,159,384 | $48.34M | 4.2% | $17.71 | -11.5% | COM | 928298108 |
| — | VAIL RESORTS INC | 25,231,000 | $24.94M | 2.2% | $0.98 | — | NOTE1/0 | 91879QAN9 |
| — | MITEK SYS INC | 20,000,000 | $19.71M | 1.7% | $0.99 | — | NOTE 0.750% 2/0 | 606710AA9 |
| — | CSG SYS INTL INC | 15,000,000 | $16.7M | 1.5% | $1.04 | — | NOTE 3.875% 9/1 | 126349AH2 |
| — | WESTERN DIGITAL CORP | 5,000,000 | $16.05M | 1.4% | $1.94 | — | NOTE 3.000%11/1 | 958102AT2 |
| TE | T1 ENERGY INC | 7,111,535 | $15.5M | 1.4% | $1.58 | +0.6% | COM NEW | 35834F104 |
| — | GUESS INC | 15,000,000 | $14.89M | 1.3% | $0.99 | — | NOTE 3.750% 4/1 | 401617AF2 |
| — | UBER TECHNOLOGIES INC | 10,000,000 | $14.72M | 1.3% | $1.28 | — | NOTE 0.875%12/0 | 90353TAM2 |
| — | EVERGY INC | 11,500,000 | $14.47M | 1.3% | $1.14 | — | NOTE 4.500%12/1 | 30034WAD8 |
| — | SNOWFLAKE INC | 7,000,000 | $10.64M | 0.9% | $1.52 | — | NOTE10/0 | 833445AB5 |
| — | PROGRESS SOFTWARE CORP | 10,000,000 | $10.08M | 0.9% | $1.08 | — | NOTE 3.500% 3/0 | 743312AD2 |
| — | CABLE ONE INC | 10,000,000 | $9.765M | 0.9% | $0.98 | — | NOTE3/1 | 12685JAE5 |
| — | PEABODY ENGR CORP | 6,500,000 | $9.758M | 0.9% | $1.03 | — | NOTE 3.250% 3/0 | 704551AD2 |
| — | SNAP INC | 10,000,000 | $9.579M | 0.8% | $0.96 | — | NOTE 0.750% 8/0 | 83304AAB2 |
| — | BOX INC | 9,500,000 | $9.571M | 0.8% | $1.01 | — | NOTE 1.500% 9/1 | 10316TAD6 |
| — | PENGUIN SOLUTIONS INC | 8,000,000 | $9.54M | 0.8% | $1.19 | — | NOTE 2.000% 8/1 | 83205YAE4 |
| — | CAPITAL SOUTHWEST CORP | 9,000,000 | $8.91M | 0.8% | $0.97 | — | NOTE 5.125%11/1 | 140501AE7 |
| — | ZIFF DAVIS INC | 9,165,000 | $8.867M | 0.8% | $0.97 | — | DEBT 3.625% 3/0 | 48123VAH5 |
| — | ALARM COM HLDGS INC | 9,000,000 | $8.653M | 0.8% | $0.97 | — | NOTE 2.250% 6/0 | 011642AD7 |
| — | NOVOCURE LTD | 8,159,000 | $8.108M | 0.7% | $0.99 | — | NOTE11/0 | 67011XAB9 |
| — | CHEFS WHSE INC | 5,500,000 | $7.964M | 0.7% | $1.31 | — | NOTE 2.375%12/1 | 163086AE1 |
| — | DAYFORCE INC | 8,000,000 | $7.838M | 0.7% | $0.96 | — | NOTE 0.250% 3/1 | 15677JAD0 |
| — | PINNACLE WEST CAP CORP | 7,000,000 | $7.535M | 0.7% | $1.09 | — | NOTE 4.750% 6/1 | 723484AK7 |
| — | SPOTIFY USA INC | 5,382,000 | $7.368M | 0.6% | $1.45 | — | NOTE3/1 | 84921RAB6 |
| — | AKAMAI TECHNOLOGIES INC | 7,500,000 | $7.192M | 0.6% | $0.97 | — | NOTE 0.375% 9/0 | 00971TAL5 |
| — | HAEMONETICS CORP MASS | 7,500,000 | $6.957M | 0.6% | $0.96 | — | NOTE 2.500% 6/0 | 405024AD2 |
| — | LIBERTY MEDIA CORP DEL | 6,400,000 | $6.688M | 0.6% | $1.04 | — | NOTE 3.750% 3/1 | 531229AP7 |
| — | OSI SYSTEMS INC | 4,500,000 | $6.54M | 0.6% | $1.45 | — | NOTE 2.250% 8/0 | 671044AF2 |
| — | MARRIOTT VACATIONS WORLDWIDE | 6,490,000 | $6.397M | 0.6% | $0.97 | — | NOTE1/1 | 57164YAD9 |
| — | FLUOR CORP | 5,000,000 | $5.945M | 0.5% | $1.06 | — | NOTE 1.125% 8/1 | 343412AJ1 |
| — | ALARM COM HLDGS INC | 6,000,000 | $5.934M | 0.5% | $0.96 | — | NOTE1/1 | 011642AB1 |
| — | ENVISTA HOLDINGS CORPORATION | 5,658,000 | $5.35M | 0.5% | $0.95 | — | NOTE 1.750% 8/1 | 29415FAD6 |
| — | VARONIS SYS INC | 4,500,000 | $4.862M | 0.4% | $1.08 | — | NOTE 1.000% 9/1 | 922280AD4 |
| — | KORE GROUP HLDGS INC | 2,000,000 | $4.84M | 0.4% | $2.42 | — | COM NEW | 50066V107 |
| — | TRIPADVISOR INC | 4,000,000 | $3.887M | 0.3% | $0.96 | — | NOTE 0.250% 4/0 | 896945AD4 |
| SMRT | SMARTRENT INC | 2,656,173 | $3.745M | 0.3% | $4.97 | -74.2% | COM CL A | 83193G107 |
| — | DRAFTKINGS INC NEW | 4,000,000 | $3.6M | 0.3% | $0.90 | — | NOTE3/1 | 26142RAB0 |
| — | SSR MINING IN | 2,500,000 | $3.528M | 0.3% | $1.41 | — | NOTE 2.500% 4/0 | 784730AB9 |
| — | ITRON INC | 3,000,000 | $3.446M | 0.3% | $1.19 | — | NOTE 1.375% 7/1 | 465741AQ9 |
| — | LYFT INC | 2,500,000 | $3.234M | 0.3% | $0.97 | — | NOTE 0.625% 3/0 | 55087PAD6 |
| — | NUVEEN MUNICIPAL CREDIT INC | 250,000 | $3.14M | 0.3% | $12.11 | — | COM SH BEN INT | 67070X101 |
| — | BLACKLINE INC | 3,000,000 | $3.123M | 0.3% | $1.07 | — | NOTE 1.000% 6/0 | 09239BAF6 |
| — | PG&E CORP | 3,000,000 | $3.041M | 0.3% | $1.01 | — | NOTE 4.250%12/0 | 69331CAL2 |
| — | STARWOOD PPTY TR INC | 2,776,000 | $2.945M | 0.3% | $1.05 | — | NOTE 6.750% 7/1 | 85571BBA2 |
| — | ON SEMICONDUCTOR CORP | 2,500,000 | $2.851M | 0.2% | $1.14 | — | NOTE5/0 | 682189AS4 |
| — | NUVEEN AMT FREE QLTY MUN INC | 243,700 | $2.776M | 0.2% | $11.27 | — | COM | 670657105 |
| — | ITRON INC | 2,500,000 | $2.646M | 0.2% | $1.06 | — | NOTE3/1 | 465741AN6 |
| — | DROPBOX INC | 2,500,000 | $2.586M | 0.2% | $0.91 | — | NOTE3/0 | 26210CAD6 |
| — | DEXCOM INC | 2,500,000 | $2.483M | 0.2% | $0.99 | — | NOTE 0.250%11/1 | 252131AK3 |
| — | MICROCHIP TECHNOLOGY INC. | 2,500,000 | $2.43M | 0.2% | $0.99 | — | NOTE 0.750% 6/0 | 595017BG8 |
| — | LCI INDS | 2,500,000 | $2.404M | 0.2% | $0.96 | — | NOTE 1.125% 5/1 | 501812AB7 |
| — | AMPHASTAR PHARMACEUTICALS IN | 2,500,000 | $2.278M | 0.2% | $0.94 | — | NOTE 2.000% 3/1 | 03209RAB9 |
| — | BLACKROCK MUNIYIELD QUALITY | 204,185 | $2.262M | 0.2% | $11.35 | — | COM | 09254E103 |
| — | SUPER MICRO COMPUTER INC | 2,000,000 | $2.046M | 0.2% | $1.02 | — | NOTE 3.500% 3/0 | 86800UAB0 |
| — | MARRIOTT VACATIONS WORLDWIDE | 2,000,000 | $1.911M | 0.2% | $0.93 | — | NOTE 3.250%12/1 | 57164YAF4 |
| — | ETSY INC | 2,000,000 | $1.847M | 0.2% | $0.85 | — | NOTE 0.125% 9/0 | 29786AAL0 |
| MMLP | MARTIN MIDSTREAM PRTNRS L P | 506,394 | $1.55M | 0.1% | $3.06 | — | UNIT L P INT | 573331105 |
| — | GLADSTONE CAP CORP | 1,500,000 | $1.491M | 0.1% | $0.99 | — | NOTE 5.875%10/0 | 376535AG5 |
| — | ON SEMICONDUCTOR CORP | 1,393,000 | $1.289M | 0.1% | $0.95 | — | NOTE 0.500% 3/0 | 682189AU9 |
| FIP | FTAI INFRASTRUCTURE INC | 293,901 | $1.281M | 0.1% | $2.61 | +105.1% | COMMON STOCK | 35953C106 |
| XMYDX | BLACKROCK MUNIYIELD FD INC | 117,981 | $1.246M | 0.1% | $11.05 | — | COM | 09253W104 |
| — | NUVEEN QUALITY MUNCP INCOME | 100,000 | $1.169M | 0.1% | $11.74 | — | COM | 67066V101 |
| — | SHIFT4 PMTS INC | 1,030,000 | $1.016M | 0.1% | $1.07 | — | NOTE 0.500% 8/0 | 82452JAD1 |
| MMLP | MARTIN MIDSTREAM PRTNRS L P | 103,900 | $318K | 0.0% | $3.06 | — | Call | 573331105 |
| — | BLACKROCK MUNIHOLDINGS FD IN | 22,805 | $268K | 0.0% | $12.08 | — | COM | 09253N104 |
| OUSTZ | OUSTER INC | 274,200 | $14,149 | 0.0% | $0.35 | — | *W EXP 03/11/202 | 68989M111 |