Location: Larkspur, CA
CIK: 0001688382 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 17, 2026
Total Value: $916M (83.4% shares, 16.6% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| — | FRONTIER COMMUNICATIONS PARE | 1,066,137 | $40.59M | 4.4% | $34.93 | — | COM | 35909D109 |
| — | CYBERARK SOFTWARE LTD | 86,604 | $38.63M | 4.2% | $483.15 | — | SHS | M2682V108 |
| WBD | WARNER BROS DISCOVERY INC | 1,326,995 | $38.24M | 4.2% | $23.37 | 0.0% | COM SER A | 934423104 |
| FTW | EQV VENTURES ACQUISITION COR | 3,570,433 | $37.45M | 4.1% | $10.33 | +1.1% | CL A ORD SHS | G3106N109 |
| CWAN | CLEARWATER ANALYTICS HLDGS I | 1,529,288 | $36.89M | 4.0% | $20.03 | 0.0% | CL A | 185123106 |
| EXAS | EXACT SCIENCES CORP | 357,000 | $36.26M | 4.0% | $80.31 | 0.0% | COM | 30063P105 |
| CCIX | CHURCHILL CAPITAL CORP IX | 2,833,119 | $30.12M | 3.3% | $10.15 | +4.9% | CL A SHS | G21301109 |
| BCSS | BAIN CAP GSS INVT CORP | 2,779,646 | $28.02M | 3.1% | $10.08 | 0.0% | ORD CL A | G0R78B106 |
| HYAC | HAYMAKER ACQUISITION CORP IV | 2,337,220 | $26.6M | 2.9% | $10.71 | +5.7% | CLASS A | G4375F108 |
| CGCT | CARTESIAN GROWTH CORP III | 2,529,121 | $26.04M | 2.8% | $10.14 | 0.0% | COM CL A | G19307100 |
| FOX | FOX CORP | 386,475 | $25.09M | 2.7% | $58.38 | 0.0% | CL B COM | 35137L204 |
| EA | ELECTRONIC ARTS INC | 115,709 | $23.64M | 2.6% | $201.71 | 0.0% | COM | 285512109 |
| CCXIU | CHURCHILL CAP CORP XI | 2,252,979 | $23M | 2.5% | $10.21 | — | UNIT 12/10/2030 | G2131A124 |
| ANSC | AGRICULTURE & NAT SOL ACQ CO | 1,879,630 | $21.03M | 2.3% | $10.99 | +0.9% | SHS CL A | G0131Y100 |
| HOLX | HOLOGIC INC | 279,139 | $20.79M | 2.3% | $73.07 | 0.0% | COM | 436440101 |
| — | DAYFORCE INC | 270,010 | $18.67M | 2.0% | $62.23 | +10.6% | COM | 15677J108 |
| — | ENOVIS CORPORATION | 17,500,000 | $17.3M | 1.9% | $1.00 | — | NOTE 3.875%10/1 | 194014AB2 |
| — | REDFIN CORP | 17,721,000 | $16.8M | 1.8% | $0.90 | — | NOTE 0.500% 4/0 | 75737FAE8 |
| CORZW | CORE SCIENTIFIC INC NEW | 1,894,484 | $16.03M | 1.7% | $10.96 | — | *W EXP 01/23/202 | 21874A114 |
| DRDB | ROMAN DBDR ACQUISITION CORP | 1,523,746 | $15.89M | 1.7% | $10.17 | +2.5% | ORD SHS CL A | G7633M104 |
| KBONU | KARBON CAP PARTNERS CORP | 1,499,756 | $15.1M | 1.6% | $10.06 | — | UNIT 12/11/2030 | G5225W126 |
| IMXI | INTERNATIONAL MNY EXPRESS IN | 951,582 | $14.62M | 1.6% | $15.02 | 0.0% | COM | 46005L101 |
| GTEN | GORES HLDGS X INC | 1,423,190 | $14.59M | 1.6% | $10.28 | +0.5% | SHS CL A | G4002F109 |
| — | CABLE ONE INC | 14,035,000 | $13.85M | 1.5% | $0.87 | — | NOTE 3/1 | 12685JAE5 |
| RNAM | AVIDITY BIOSCIENCES INC | 178,980 | $12.91M | 1.4% | $64.59 | 0.0% | COM | 05370A108 |
| — | ZIFF DAVIS INC | 12,974,000 | $12.72M | 1.4% | $0.94 | — | NOTE 1.750%11/0 | 48123VAE2 |
| LBRDK | LIBERTY BROADBAND CORP | 260,279 | $12.65M | 1.4% | $76.22 | -31.8% | COM SER C | 530307305 |
| NESR | NATIONAL ENERGY SERVICES REU | 783,649 | $12.27M | 1.3% | $8.87 | +47.9% | SHS | G6375R107 |
| GSHR | GESHER ACQUISITION CORP. II | 1,091,570 | $11.21M | 1.2% | $10.05 | +1.9% | USD CL A ORD SHS | G3852D107 |
| — | JETBLUE AIRWAYS CORP | 11,366,000 | $11.21M | 1.2% | $0.93 | — | NOTE 0.500% 4/0 | 477143AP6 |
| WBD | WARNER BROS DISCOVERY INC | 360,200 | $10.38M | 1.1% | $23.37 | 0.0% | Call | 934423104 |
| — | SUMMIT HOTEL PPTYS | 10,000,000 | $10.01M | 1.1% | $0.98 | — | NOTE 1.500% 2/1 | 866082AA8 |
| HVII | HENNESSY CAP INVT CORP VII | 963,922 | $9.977M | 1.1% | $10.11 | +2.7% | ORD SHS CL A | G4405D107 |
| CRANU | CRANE HBR ACQUISITION CORP I | 977,582 | $9.844M | 1.1% | $10.07 | — | UNIT 12/09/2030 | G25014120 |
| SVAC | SPRING VY ACQUISITION CORP I | 950,500 | $9.648M | 1.1% | $10.32 | 0.0% | SHS CL A | G8377R101 |
| — | PENNYMAC CORP | 9,377,000 | $9.529M | 1.0% | $0.99 | — | NOTE 5.500% 3/1 | 70932AAF0 |
| — | CONMED CORP | 9,645,000 | $9.258M | 1.0% | $0.95 | — | NOTE 2.250% 6/1 | 207410AH4 |
| NGD | NEW GOLD INC CDA | 1,025,660 | $8.933M | 1.0% | $7.53 | 0.0% | COM | 644535106 |
| GRAF | GRAF GLOBAL CORP | 826,358 | $8.887M | 1.0% | $10.66 | 0.0% | ORD SHS CL A | G4036C106 |
| — | REDWOOD TRUST INC | 8,801,000 | $8.887M | 1.0% | $1.01 | — | NOTE 7.750% 6/1 | 758075AF2 |
| — | DEXCOM INC | 9,500,000 | $8.764M | 1.0% | $0.92 | — | NOTE 0.375% 5/1 | 252131AM9 |
| PMTR | PERIMETER ACQUISITION CORP I | 800,000 | $8.224M | 0.9% | $10.17 | +1.4% | COM CL A | G7010A129 |
| — | RIOT PLATFORMS INC | 7,107,000 | $8.089M | 0.9% | $1.14 | — | NOTE 0.750% 1/1 | 767292AB1 |
| DSACU | DAEDALUS SPL ACQUISITION COR | 790,000 | $7.932M | 0.9% | $10.04 | — | UNIT 11/10/2030 | G2616C124 |
| DYOR | INSIGHT DIGITAL PARTNERS II | 691,455 | $6.852M | 0.7% | $9.91 | 0.0% | CL A ORD | G4814G105 |
| HCACU | HALL CHADWICK ACQUISITION CO | 650,000 | $6.513M | 0.7% | $10.02 | — | UNIT 11/20/2030 | G42386121 |
| VHCPU | VINE HILL CAP INVTS CORP II | 600,000 | $6.013M | 0.7% | $10.02 | — | UNIT 11/25/2030 | G9709D125 |
| WBD | WARNER BROS DISCOVERY INC | 197,200 | $5.683M | 0.6% | $23.37 | 0.0% | Put | 934423104 |
| — | VAIL RESORTS INC | 5,000,000 | $4.997M | 0.5% | $0.96 | — | NOTE 1/0 | 91879QAN9 |
| — | MARRIOTT VACATIONS WORLDWIDE | 5,000,000 | $4.99M | 0.5% | $1.00 | — | NOTE 1/1 | 57164YAD9 |
| LBRDA | LIBERTY BROADBAND CORP | 100,075 | $4.832M | 0.5% | $51.80 | 0.0% | COM SER A | 530307107 |
| ALDF | ALDEL FINL II INC | 454,193 | $4.764M | 0.5% | $9.92 | +5.7% | CL A | G01558108 |
| — | STRATEGY INC | 5,000,000 | $4.123M | 0.5% | $0.82 | — | NOTE 12/0 | 594972AS0 |
| PLYM | PLYMOUTH INDL REIT INC | 165,899 | $3.63M | 0.4% | $21.88 | — | COM | 729640102 |
| CCII | COHEN CIRCLE ACQUISIT CORP I | 352,248 | $3.607M | 0.4% | $10.17 | +0.8% | SHS CL A | G2254C121 |
| TACO | BERTO ACQUISITION CORP | 352,163 | $3.571M | 0.4% | $10.26 | 0.0% | ORD SHS | G1051H101 |
| — | SPECTRUM BRANDS INC | 3,691,000 | $3.508M | 0.4% | $0.91 | — | NOTE 3.375% 6/0 | 84762LAZ8 |
| APXT | APEX TREAS CORP | 350,000 | $3.462M | 0.4% | $9.89 | 0.0% | ORD SHS CL A | G04104108 |
| — | REV GROUP INC | 53,194 | $3.237M | 0.4% | $60.86 | — | COM | 749527107 |
| PCAP | PROCAP ACQUISITION CORP | 303,781 | $3.077M | 0.3% | $10.31 | -0.6% | SHS CL A | G7257A105 |
| AXIN | AXIOM INTELLIGENCE AC CORP 1 | 300,000 | $3.018M | 0.3% | $10.05 | 0.0% | ORD SHS CL A | G0750N104 |
| SOCA | SOLARIUS CAPITAL ACQU CORP | 300,000 | $3.015M | 0.3% | $9.98 | +1.0% | SHS CL A | G82617104 |
| EVAC | EQV VENTURES AC CORP. II | 300,000 | $3.009M | 0.3% | $10.00 | +0.1% | ORD SHS CL A | G3106Q102 |
| — | PELOTON INTERACTIVE INC | 2,996,000 | $2.971M | 0.3% | $0.88 | — | NOTE 2/1 | 70614WAB6 |
| VACI | VIKING ACQUISITION CORP I | 300,000 | $2.97M | 0.3% | $9.92 | 0.0% | ORD CL A | G9582G104 |
| EVOX | EVOLUTION GLOBAL ACQUISITION | 300,000 | $2.961M | 0.3% | $9.88 | 0.0% | USD CL A ORD SHS | G3226F101 |
| — | CAPITAL SOUTHWEST CORP | 2,630,000 | $2.635M | 0.3% | $0.98 | — | NOTE 5.125%11/1 | 140501AE7 |
| RAC | RITHM ACQUISITION CORP | 250,405 | $2.602M | 0.3% | $10.06 | +2.9% | CL A | G75751100 |
| — | JAMF HLDG CORP | 195,162 | $2.539M | 0.3% | $13.01 | — | COM | 47074L105 |
| — | NCL CORP LTD | 2,500,000 | $2.513M | 0.3% | $1.02 | — | NOTE 1.125% 2/1 | 62886HBD2 |
| OTGA | OTG ACQUISITION CORP. I | 250,000 | $2.5M | 0.3% | $10.02 | 0.0% | ORD CL A | G6791A100 |
| CENX | CENTURY ALUM CO | 60,000 | $2.351M | 0.3% | $31.24 | 0.0% | COM | 156431108 |
| AACB | ARTIUS II ACQUISITION INC | 207,736 | $2.14M | 0.2% | $10.25 | 0.0% | SHS CL A | G0509J115 |
| TDWD | TAILWIND 2.0 ACQUISITION COR | 150,000 | $1.478M | 0.2% | $9.86 | 0.0% | ORD SHS CL A | G8662J111 |
| RCUS | ARCUS BIOSCIENCES INC | 52,523 | $1.252M | 0.1% | $20.40 | 0.0% | COM | 03969F109 |
| KGS | KODIAK GAS SVCS INC | 29,800 | $1.115M | 0.1% | $35.36 | 0.0% | COM | 50012A108 |
| AMPX/WS | AMPRIUS TECHNOLOGIES INC | 414,139 | $1.064M | 0.1% | $2.93 | — | *W EXP 09/14/202 | 03214Q116 |
| SOC | SABLE OFFSHORE CORP | 112,047 | $1.011M | 0.1% | $9.44 | 0.0% | COM SHS | 78574H104 |
| POLE | ANDRETTI ACQUISITION CORP II | 50,254 | $528K | 0.1% | $10.54 | 0.0% | ORD SHS CL A | G26745102 |
| SAC/U | SAFEGUARD ACQUISITION CORP | 50,000 | $504K | 0.1% | $10.09 | — | UNIT 99/99/9999 | G77676123 |
| ACHR/WS | ARCHER AVIATION INC | 378,861 | $434K | 0.0% | $1.15 | — | *W EXP 09/16/202 | 03945R110 |
| GRAF/WS | GRAF GLOBAL CORP | 747,753 | $338K | 0.0% | $0.45 | — | *W EXP 05/31/203 | G4036C122 |
| BCSS/WS | BAIN CAP GSS INVT CORP | 406,531 | $265K | 0.0% | $0.65 | — | *W EXP 01/01/202 | G0R78B114 |
| PMTRW | PERIMETER ACQUISITION CORP I | 366,149 | $259K | 0.0% | $0.64 | — | *W EXP 05/13/203 | G7010A111 |
| FCRS | FUTURECREST ACQUISITION CORP | 25,000 | $253K | 0.0% | $10.11 | 0.0% | CL A ORD SHS | G3730U107 |
| FIGX | FIGX CAP ACQUISITION CORP. | 25,000 | $252K | 0.0% | $10.00 | +0.6% | USD CL A ORD SHS | G3473K100 |
| BLZR | TRAILBLAZER ACQUISITION CORP | 25,000 | $250K | 0.0% | $10.08 | 0.0% | ORD SHS CL A | G9009S103 |
| DRDBW | ROMAN DBDR ACQUISITION CORP | 402,823 | $246K | 0.0% | $0.32 | — | *W EXP 10/31/203 | G7633M112 |
| CCIXW | CHURCHILL CAPITAL CORP IX | 226,983 | $201K | 0.0% | $0.35 | — | *W EXP 03/31/203 | G21301117 |
| SVACW | SPRING VY ACQUISITION CORP I | 314,936 | $196K | 0.0% | $0.62 | — | *W EXP 09/04/203 | G8377R119 |
| GSHRW | GESHER ACQUISITION CORP. II | 450,000 | $185K | 0.0% | $0.28 | — | *W EXP 10/31/203 | G3852D115 |
| GTENW | GORES HLDGS X INC | 212,500 | $181K | 0.0% | $0.59 | — | *W EXP 05/02/203 | G4002F125 |
| BULLW | WEBULL CORP | 60,208 | $172K | 0.0% | $2.86 | — | *W EXP 04/10/203 | G9572D111 |
| AIRJW | AIRJOULE TECHNOLOGIES CORP | 177,672 | $151K | 0.0% | $0.80 | — | *W EXP 03/15/202 | 612160119 |
| CAEP | CANTOR EQUITY PARTNERS III I | 10,000 | $102K | 0.0% | $10.53 | -1.5% | SHS CL A | G1828A108 |
| HCMA | HCM III ACQUISITION CORP | 10,000 | $100K | 0.0% | $10.10 | +0.7% | ORD SHS CL A | G4365E103 |
| VCICW | VINE HILL CAP INVT CORP. | 53,670 | $96,606 | 0.0% | $1.60 | — | *W EXP 07/01/203 | G93Y09115 |
| ANSCW | AGRICULTURE & NAT SOL ACQ CO | 213,522 | $68,328 | 0.0% | $0.32 | — | *W EXP 10/01/202 | G0131Y118 |
| EVOXW | EVOLUTION GLOBAL ACQUISITION | 150,000 | $61,500 | 0.0% | $0.41 | — | *W EXP 10/22/203 | G3226F119 |
| AXINR | AXIOM INTELLIGENCE AC CORP 1 | 250,000 | $52,500 | 0.0% | $0.21 | — | RIGHT 06/10/2030 | G0750N112 |
| DYORW | INSIGHT DIGITAL PARTNERS II | 150,000 | $49,501 | 0.0% | $0.33 | — | *W EXP 10/28/203 | G4814G113 |
| APXTW | APEX TREAS CORP | 175,000 | $48,597 | 0.0% | $0.28 | — | *W EXP 10/07/203 | G04104124 |
| TLSIW | TRISALUS LIFE SCIENCES INC | 26,474 | $43,947 | 0.0% | $1.66 | — | *W EXP 08/10/202 | 89680M119 |
| EVLVW | EVOLV TECHNOLOGIES HLDNGS IN | 162,698 | $43,863 | 0.0% | $0.55 | — | *W EXP 07/16/202 | 30049H110 |
| CHACR | CRANE HBR ACQUISITION CORP | 54,576 | $43,661 | 0.0% | $0.80 | — | RIGHT 04/17/2030 | G24979117 |
| SOCAW | SOLARIUS CAPITAL ACQU CORP | 149,998 | $42,015 | 0.0% | $0.25 | — | *W EXP 07/10/203 | G82617112 |
| AUROW | AURORA INNOVATION INC | 183,291 | $41,259 | 0.0% | $0.58 | — | *W EXP 11/03/202 | 051774115 |
| OTGAW | OTG ACQUISITION CORP. I | 125,000 | $40,000 | 0.0% | $0.32 | — | *W EXP 09/05/203 | G6791A118 |
| VACI/WS | VIKING ACQUISITION CORP I | 100,000 | $39,000 | 0.0% | $0.39 | — | *W EXP 11/03/203 | G9582G112 |
| PCAPW | PROCAP ACQUISITION CORP | 101,260 | $37,578 | 0.0% | $0.65 | — | *W EXP 05/16/203 | G7257A121 |
| CCIIW | COHEN CIRCLE ACQUISIT CORP I | 50,000 | $34,995 | 0.0% | $0.80 | — | *W EXP 07/01/203 | G2254C113 |
| PEW/WS | GRABAGUN DIGITAL HLDGS INC | 70,992 | $26,622 | 0.0% | $1.25 | — | *W EXP 99/99/999 | 38387Q113 |
| TDWDR | TAILWIND 2.0 ACQUISITION COR | 150,000 | $24,600 | 0.0% | $0.16 | — | RIGHT 11/07/2030 | G8662J129 |
| EVAC/WS | EQV VENTURES AC CORP. II | 16,666 | $5,833 | 0.0% | $0.24 | — | *W EXP 06/30/203 | G3106Q128 |
| FIGXW | FIGX CAP ACQUISITION CORP. | 12,500 | $3,313 | 0.0% | $0.24 | — | *W EXP 06/17/203 | G3473K118 |