Q2 2025 · 13F-HR
Opti Capital Management, LPholdings as filed
Filed 2025-08-14 · accession 0000919574-25-004900
$1.76B
Reported value
46
Positions
2025-06-30
Period end
The Brief · Opti Capital Management, LP · Q2 2025
AI · grounded in 13F
Opti Capital Management, LP initiated a new position in TELADOC HEALTH INC [[stock:TDOC 1.25 06/01/27]] valued at $131.1M. The fund also added new positions in BLOCK INC [[stock:XYZ 0.25 11/01/27]] for $123.4M and INTERDIGITAL INC [[stock:IDCC 3.5 06/01/27]] for $93.6M. These moves contributed to a total AUM of $1.76B across 46 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 87918AAF2 | TDOC 1.25 06/01/27 | TELADOC HEALTH INC | $131.1M | 7.44% | 141,720,000 | Common | SOLE |
| 852234AK9 | XYZ 0.25 11/01/27 | BLOCK INC | $123.4M | 7.01% | 137,500,000 | Common | SOLE |
| 45867GAD3 | IDCC 3.5 06/01/27 | INTERDIGITAL INC | $93.6M | 5.31% | 32,000,000 | Common | SOLE |
| 83304AAH9 | SNAP 0.125 03/01/28 | SNAP INC | $80.2M | 4.55% | 92,133,000 | Common | SOLE |
| 55024UAD1 | LITE 0.5 12/15/26 | LUMENTUM HLDGS INC | $78.3M | 4.45% | 66,500,000 | Common | SOLE |
| 67011XAB9 | NVCR 0 11/01/25 | NOVOCURE LTD | $73.5M | 4.18% | 74,846,000 | Common | SOLE |
| 40637HAD1 | HALO 0.25 03/01/27 | HALOZYME THERAPEUTICS INC | $70.8M | 4.02% | 71,000,000 | Common | SOLE |
| 66980MAB2 | NVMI 0 10/15/25 | NOVA LTD | $66.9M | 3.80% | 18,127,000 | Common | SOLE |
| 81141RAF7 | SEALTD 2.375 12/01/25 | SEA LTD | $63.4M | 3.60% | 35,500,000 | Common | SOLE |
| 538034BA6 | LYV 3.125 01/15/29 | LIVE NATION ENTERTAINMENT IN | $57.4M | 3.26% | 37,325,000 | Common | SOLE |
| 753422AF1 | RPD 0.25 03/15/27 | RAPID7 INC | $54.2M | 3.08% | 58,250,000 | Common | SOLE |
| 62886HBD2 | NCLH 1.125 02/15/27 | NCL CORP LTD | $49.4M | 2.80% | 50,000,000 | Common | SOLE |
| 31188VAB6 | FSLY 0 03/15/26 | FASTLY INC | $44.1M | 2.50% | 45,772,000 | Common | SOLE |
| 653656AB4 | NICEIT 0 09/15/25 | NICE LTD | $43.6M | 2.47% | 44,142,000 | Common | SOLE |
| 62886HBK6 | NCLH 2.5 02/15/27 | NCL CORP LTD | $43.4M | 2.46% | 43,200,000 | Common | SOLE |
| 23282WAC4 | CYTK 3.5 07/01/27 | CYTOKINETICS INC | $42.0M | 2.39% | 39,401,000 | Common | SOLE |
| 15189TBD8 | CNP 4.25 08/15/26 | CENTERPOINT ENERGY INC | $38.0M | 2.16% | 35,000,000 | Common | SOLE |
| 81141RAG5 | SEALTD 0.25 09/15/26 | SEA LTD | $36.3M | 2.06% | 38,412,000 | Common | SOLE |
| 29355AAH0 | ENPH 0 03/01/26 | ENPHASE ENERGY INC | $36.0M | 2.04% | 37,500,000 | Common | SOLE |
| 02043QAB3 | ALNY 1 09/15/27 | ALNYLAM PHARMACEUTICALS INC | $35.2M | 2.00% | 27,000,000 | Common | SOLE |
| 453204AD1 | PI 1.125 05/15/27 | IMPINJ INC | $34.1M | 1.93% | 27,283,000 | Common | SOLE |
| 30063PAB1 | EXAS 0.375 03/15/27 | EXACT SCIENCES CORP | $34.0M | 1.93% | 35,500,000 | Common | SOLE |
| 896945AD4 | TRIP 0.25 04/01/26 | TRIPADVISOR INC | $28.9M | 1.64% | 30,000,000 | Common | SOLE |
| 268158AD4 | DVAX 2.5 05/15/26 | DYNAVAX TECHNOLOGIES CORP | $27.6M | 1.57% | 24,625,000 | Common | SOLE |
| 207410AH4 | CNMD 2.25 06/15/27 | CONMED CORP | $26.2M | 1.49% | 27,500,000 | Common | SOLE |
| 698884AE3 | PAR 1.5 10/15/27 | PAR TECHNOLOGY CORP | $25.4M | 1.44% | 22,000,000 | Common | SOLE |
| 40131MAB5 | GH 0 11/15/27 | GUARDANT HEALTH INC | $25.0M | 1.42% | 27,388,000 | Common | SOLE |
| 29415FAD6 | NVST 1.75 08/15/28 | ENVISTA HOLDINGS CORPORATION | $24.2M | 1.38% | 26,000,000 | Common | SOLE |
| 743312AB6 | PRGS 1 04/15/26 | PROGRESS SOFTWARE CORP | $24.0M | 1.36% | 20,000,000 | Common | SOLE |
| 64049MAB6 | NEO 0.25 01/15/28 | NEOGENOMICS INC | $23.2M | 1.32% | 26,822,000 | Common | SOLE |
| 33835LAA3 | FVRR 0 11/01/25 | FIVERR INTL LTD | $22.0M | 1.25% | 22,476,000 | Common | SOLE |
| 282914AE0 | EGHT 4 02/01/28 | 8X8 INC NEW | $21.8M | 1.24% | 25,666,000 | Common | SOLE |
| 91688FAB0 | UPWK 0.25 08/15/26 | UPWORK INC | $21.3M | 1.21% | 22,500,000 | Common | SOLE |
| 15677JAD0 | DAY 0.25 03/15/26 | DAYFORCE INC | $20.8M | 1.18% | 21,500,000 | Common | SOLE |
| 91879QAN9 | MTN 0 01/01/26 | VAIL RESORTS INC | $20.0M | 1.13% | 20,445,000 | Common | SOLE |
| 695127AF7 | PCRX 0.75 08/01/25 | PACIRA BIOSCIENCES INC | $18.6M | 1.06% | 18,684,000 | Common | SOLE |
| 92940WAD1 | WIX 0 08/15/25 | WIX COM LTD | $17.5M | 1.00% | 17,635,000 | Common | SOLE |
| 68213NAD1 | OMCL 0.25 09/15/25 | OMNICELL COM | $17.4M | 0.99% | 17,565,000 | Common | SOLE |
| 05988JAD5 | BAND 0.5 04/01/28 | BANDWIDTH INC | $16.9M | 0.96% | 20,000,000 | Common | SOLE |
| 011642AB1 | ALRM 0 01/15/26 | ALARM COM HLDGS INC | $16.5M | 0.94% | 17,000,000 | Common | SOLE |
| 538146AD3 | LPSN 0 12/15/26 | LIVEPERSON INC | $14.6M | 0.83% | 34,850,000 | Common | SOLE |
| 501812AB7 | LCII 1.125 05/15/26 | LCI INDS | $8.9M | 0.50% | 9,152,000 | Common | SOLE |
| 595017BG8 | MCHP 0.75 06/01/30 | MICROCHIP TECHNOLOGY INC. | $6.8M | 0.39% | 6,943,000 | Common | SOLE |
| 89377MAB5 | TMDX 1.5 06/01/28 | TRANSMEDICS GROUP INC | $4.0M | 0.23% | 2,500,000 | Common | SOLE |
| 38341P102 | GOSS | GOSSAMER BIO INC | $509,407 | 0.03% | 414,152 | Common | SOLE |
| 87266JAB0 | TPIC 5.25 03/15/28 | TPI COMPOSITES INC | $375,047 | 0.02% | 4,725,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.