Q4 2023 · 13F-HR
III Capital Managementholdings as filed
Filed 2024-02-14 · accession 0001172661-24-001604
$2.39B
Reported value
160
Positions
2023-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464287242 | LQD | ISHARES TR | $304.2M | 12.7% | 2,749,000 | PUT | SOLE |
| 780153BQ4 | RCL 6 08/15/25 | ROYAL CARIBBEAN GROUP | $151.7M | 6.35% | 56,938,000 | Common | SOLE |
| 596278AB7 | MIDD 1 09/01/25 | MIDDLEBY CORP | $85.4M | 3.57% | 70,002,000 | Common | SOLE |
| 45765UAB9 | NSIT 0.75 02/15/25 | INSIGHT ENTERPRISES INC | $84.5M | 3.54% | 32,505,000 | Common | SOLE |
| 16115QAE0 | GTLS 1 11/15/24 | CHART INDS INC | $84.2M | 3.52% | 36,000,000 | Common | SOLE |
| 29786AAJ5 | ETSY 0.125 10/01/26 | ETSY INC | $72.6M | 3.04% | 62,950,000 | Common | SOLE |
| 01741RAK8 | ATI 3.5 06/15/25 | ATI INC | $68.3M | 2.86% | 23,045,000 | Common | SOLE |
| 02376R102 | AAL | AMERICAN AIRLS GROUP INC | $57.0M | 2.39% | 4,150,000 | PUT | SOLE |
| 00971TAL5 | AKAM 0.375 09/01/27 | AKAMAI TECHNOLOGIES INC | $55.5M | 2.32% | 49,675,000 | Common | SOLE |
| 09857LAN8 | BKNG 0.75 05/01/25 | BOOKING HOLDINGS INC | $46.4M | 1.94% | 24,600,000 | Common | SOLE |
| 974637AB6 | WGO 1.5 04/01/25 | WINNEBAGO INDS INC | $39.7M | 1.66% | 31,612,000 | Common | SOLE |
| 23248VAB1 | CYBR 0 11/15/24 | CYBERARK SOFTWARE LTD | $39.4M | 1.65% | 27,817,000 | Common | SOLE |
| 01988PAF5 | — | VERADIGM INC | $37.7M | 1.58% | 37,411,000 | Common | SOLE |
| 70202LAB8 | PSN 0.25 08/15/25 | PARSONS CORP DEL | $37.5M | 1.57% | 26,150,000 | Common | SOLE |
| 12653CAG3 | CNX 2.25 05/01/26 | CNX RES CORP | $36.1M | 1.51% | 22,268,000 | Common | SOLE |
| 46138G508 | BKLN | INVESCO EXCH TRADED FD TR II | $35.3M | 1.48% | 1,667,000 | Common | SOLE |
| 848577102 | SAVEEUR | SPIRIT AIRLS INC | $34.8M | 1.46% | 2,122,700 | PUT | SOLE |
| 594972AC5 | MSTR 0.75 12/15/25 | MICROSTRATEGY INC | $33.1M | 1.38% | 20,013,000 | Common | SOLE |
| 457985AM1 | IART 0.5 08/15/25 | INTEGRA LIFESCIENCES HLDGS C | $32.7M | 1.37% | 34,650,000 | Common | SOLE |
| 852234AF0 | XYZ 0.125 03/01/25 | BLOCK INC | $32.1M | 1.34% | 32,800,000 | Common | SOLE |
| 472145AD3 | JAZZ 1.5 08/15/24 | JAZZ INVESTMENTS I LTD | $31.5M | 1.32% | 32,500,000 | Common | SOLE |
| 477143101 | JBLU | JETBLUE AWYS CORP | $31.1M | 1.30% | 5,610,800 | PUT | SOLE |
| 36166WAB9 | — | GEO CORRECTIONS HOLDINGS INC | $27.9M | 1.17% | 20,000,000 | Common | SOLE |
| 45867GAD3 | IDCC 3.5 06/01/27 | INTERDIGITAL INC | $27.6M | 1.15% | 18,750,000 | Common | SOLE |
| 40171VAA8 | GWRE 1.25 03/15/25 | GUIDEWIRE SOFTWARE INC | $26.0M | 1.09% | 23,500,000 | Common | SOLE |
| 63845RAB3 | EYE 2.5 05/15/25 | NATIONAL VISION HLDGS INC | $25.2M | 1.05% | 24,986,000 | Common | SOLE |
| 91879QAN9 | MTN 0 01/01/26 | VAIL RESORTS INC | $24.6M | 1.03% | 27,600,000 | Common | SOLE |
| 29355AAH0 | ENPH 0 03/01/26 | ENPHASE ENERGY INC | $24.5M | 1.03% | 26,728,000 | Common | SOLE |
| 207410AH4 | CNMD 2.25 06/15/27 | CONMED CORP | $23.8M | 0.99% | 23,750,000 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $23.8M | 0.99% | 50,000 | PUT | SOLE |
| 345370860 | F | FORD MTR CO DEL | $22.6M | 0.94% | 1,850,000 | PUT | SOLE |
| 69331C108 | PCG | PG&E CORP | $22.5M | 0.94% | 1,250,000 | PUT | SOLE |
| 26210CAD6 | DBX 0 03/01/28 | DROPBOX INC | $21.9M | 0.92% | 21,764,000 | Common | SOLE |
| 268158AD4 | DVAX 2.5 05/15/26 | DYNAVAX TECHNOLOGIES CORP | $21.5M | 0.90% | 14,738,000 | Common | SOLE |
| 345370CZ1 | F 0 03/15/26 | FORD MTR CO DEL | $21.1M | 0.88% | 21,211,000 | Common | SOLE |
| 958102AP0 | — | WESTERN DIGITAL CORP. | $20.5M | 0.86% | 20,626,000 | Common | SOLE |
| 50202MAB8 | LI 0.25 05/01/28 | LI AUTO INC | $20.5M | 0.86% | 14,000,000 | Common | SOLE |
| 695127AF7 | PCRX 0.75 08/01/25 | PACIRA BIOSCIENCES INC | $20.4M | 0.85% | 22,015,000 | Common | SOLE |
| 465741AN6 | ITRI 0 03/15/26 | ITRON INC | $19.3M | 0.81% | 20,931,000 | Common | SOLE |
| 477143AP6 | JBLU 0.5 04/01/26 | JETBLUE AIRWAYS CORP | $18.7M | 0.78% | 26,000,000 | Common | SOLE |
| 57164YAD9 | VAC 0 01/15/26 | MARRIOTT VACATIONS WORLDWIDE | $17.8M | 0.74% | 20,140,000 | Common | SOLE |
| 922280AB8 | VRNS 1.25 08/15/25 | VARONIS SYS INC | $17.7M | 0.74% | 11,572,000 | Common | SOLE |
| 399473206 | GRPN | GROUPON INC | $16.5M | 0.69% | 1,284,500 | CALL | SOLE |
| 904311AC1 | — | UNDER ARMOUR INC | $16.1M | 0.67% | 15,404,000 | Common | SOLE |
| 743312AB6 | PRGS 1 04/15/26 | PROGRESS SOFTWARE CORP | $15.7M | 0.65% | 14,850,000 | Common | SOLE |
| 10316TAB0 | BOX 0 01/15/26 | BOX INC | $15.4M | 0.65% | 13,781,000 | Common | SOLE |
| 76954A103 | RIVN | RIVIAN AUTOMOTIVE INC | $15.4M | 0.64% | 655,000 | Common | SOLE |
| 45781MAB7 | INVA 2.5 08/15/25 | INNOVIVA INC | $15.2M | 0.64% | 14,000,000 | Common | SOLE |
| 83304AAD8 | SNAP 0.25 05/01/25 | SNAP INC | $14.0M | 0.59% | 13,294,000 | Common | SOLE |
| 848577AB8 | SAVE 1 05/15/26 | SPIRIT AIRLS INC | $12.3M | 0.52% | 17,900,000 | Common | SOLE |
| 82452JAB5 | FOUR 0 12/15/25 | SHIFT4 PMTS INC | $12.3M | 0.51% | 11,000,000 | Common | SOLE |
| 08265TAD1 | BSY 0.375 07/01/27 | BENTLEY SYS INC | $12.3M | 0.51% | 13,700,000 | Common | SOLE |
| 958102105 | WDC | WESTERN DIGITAL CORP. | $12.1M | 0.51% | 231,099 | Common | SOLE |
| 399473AF4 | GRPN 1.125 03/15/26 | GROUPON INC | $12.1M | 0.51% | 19,500,000 | Common | SOLE |
| 26210CAC8 | DBX 0 03/01/26 | DROPBOX INC | $12.0M | 0.50% | 12,144,000 | Common | SOLE |
| 83304A106 | SNAP | SNAP INC | $11.9M | 0.50% | 700,000 | PUT | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $11.8M | 0.49% | 350,000 | PUT | SOLE |
| 737446AT1 | POST 2.5 08/15/27 | POST HLDGS INC | $11.6M | 0.49% | 11,500,000 | Common | SOLE |
| 401617AD7 | — | GUESS INC | $11.6M | 0.48% | 11,073,000 | Common | SOLE |
| 02376RAF9 | AAL 6.5 07/01/25 | AMERICAN AIRLINES GROUP INC | $11.4M | 0.48% | 10,250,000 | Common | SOLE |
| 00214Q104 | ARKK | ARK ETF TR | $10.5M | 0.44% | 200,000 | PUT | SOLE |
| 549498103 | CCIVGBP | LUCID GROUP INC | $10.3M | 0.43% | 2,434,800 | PUT | SOLE |
| 501812AB7 | LCII 1.125 05/15/26 | LCI INDS | $10.1M | 0.42% | 10,325,000 | Common | SOLE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $10.0M | 0.42% | 165,000 | Common | SOLE |
| 08862E109 | BYND | BEYOND MEAT INC | $9.8M | 0.41% | 1,104,800 | PUT | SOLE |
| 902973304 | USB | US BANCORP DEL | $8.7M | 0.36% | 200,000 | PUT | SOLE |
| 464287242 | LQD | ISHARES TR | $8.5M | 0.35% | 76,635 | Common | SOLE |
| 25470MAF6 | DISH 0 12/15/25 | DISH NETWORK CORPORATION | $7.7M | 0.32% | 12,250,000 | Common | SOLE |
| 08862EAB5 | BYND 0 03/15/27 | BEYOND MEAT INC | $7.6M | 0.32% | 39,841,000 | Common | SOLE |
| 88339PAB7 | — | THE REALREAL INC | $7.5M | 0.31% | 10,152,000 | Common | SOLE |
| 62914V106 | NIO | NIO INC | $7.5M | 0.31% | 825,000 | PUT | SOLE |
| 88339PAD3 | REAL 1 03/01/28 | THE REALREAL INC | $7.5M | 0.31% | 20,002,000 | Common | SOLE |
| 399473206 | GRPN | GROUPON INC | $7.4M | 0.31% | 574,800 | PUT | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $6.9M | 0.29% | 100,000 | PUT | SOLE |
| 29355A107 | ENPH | ENPHASE ENERGY INC | $6.6M | 0.28% | 50,000 | PUT | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $6.3M | 0.26% | 36,300 | PUT | SOLE |
| 53814LAB4 | LTHM 4.125 07/15/25 | LIVENT CORP | $6.3M | 0.26% | 3,000,000 | Common | SOLE |
| 55405YAB6 | MTSI 0.25 03/15/26 | MACOM TECH SOLUTIONS HLDGS I | $6.2M | 0.26% | 5,000,000 | Common | SOLE |
| 131193AE4 | CALY 2.75 05/01/26 | TOPGOLF CALLAWAY BRANDS CORP | $5.9M | 0.25% | 5,500,000 | Common | SOLE |
| 538034109 | LYV | LIVE NATION ENTERTAINMENT IN | $5.6M | 0.23% | 60,000 | PUT | SOLE |
| 50202M102 | LI | LI AUTO INC | $5.6M | 0.23% | 150,000 | PUT | SOLE |
| 48123VAE2 | ZD 1.75 11/01/26 | ZIFF DAVIS INC | $4.9M | 0.21% | 5,200,000 | Common | SOLE |
| 958102105 | WDC | WESTERN DIGITAL CORP. | $4.5M | 0.19% | 86,000 | CALL | SOLE |
| 743312100 | PRGS | PROGRESS SOFTWARE CORP | $4.3M | 0.18% | 80,000 | PUT | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $4.2M | 0.17% | 51,200 | Common | SOLE |
| 91325V108 | — | UNITI GROUP INC | $4.2M | 0.17% | 720,000 | PUT | SOLE |
| 25470M109 | DISH | DISH NETWORK CORPORATION | $4.0M | 0.17% | 2,479,100 | PUT | SOLE |
| 83304AAH9 | SNAP 0.125 03/01/28 | SNAP INC | $3.9M | 0.16% | 5,000,000 | Common | SOLE |
| 553368101 | MP | MP MATERIALS CORP | $3.8M | 0.16% | 190,000 | PUT | SOLE |
| 71880K101 | PHIN | PHINIA INC | $3.8M | 0.16% | 124,238 | Common | SOLE |
| 093712107 | BE | BLOOM ENERGY CORP | $3.7M | 0.15% | 250,000 | PUT | SOLE |
| 093712107 | BE | BLOOM ENERGY CORP | $3.7M | 0.15% | 250,000 | Common | SOLE |
| 566330AB2 | — | MARCUS CORP DEL | $3.7M | 0.15% | 2,500,000 | Common | SOLE |
| 88339P101 | REAL | THE REALREAL INC | $3.5M | 0.15% | 1,737,600 | PUT | SOLE |
| 25470M109 | DISH | DISH NETWORK CORPORATION | $3.4M | 0.14% | 588,604 | Common | SOLE |
| 565788AB2 | MARA 1 12/01/26 | MARATHON DIGITAL HOLDINGS IN | $3.4M | 0.14% | 4,000,000 | Common | SOLE |
| G8068L108 | SN | SHARKNINJA INC | $2.8M | 0.12% | 54,000 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $2.6M | 0.11% | 720 | Common | SOLE |
| 103304101 | BYD | BOYD GAMING CORP | $2.5M | 0.10% | 40,000 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $2.2M | 0.09% | 32,000 | Common | SOLE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $2.1M | 0.09% | 29,801 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $2.1M | 0.09% | 14,905 | Common | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $2.1M | 0.09% | 25,200 | PUT | SOLE |
| 922417AG5 | — | VEECO INSTRS INC DEL | $2.0M | 0.09% | 1,500,000 | Common | SOLE |
| 69007J106 | — | OUTFRONT MEDIA INC | $2.0M | 0.08% | 145,000 | Common | SOLE |
| 247361702 | DAL | DELTA AIR LINES INC DEL | $1.9M | 0.08% | 46,524 | Common | SOLE |
| 00402L107 | ASO | ACADEMY SPORTS & OUTDOORS IN | $1.8M | 0.08% | 27,527 | Common | SOLE |
| 099724106 | BWA | BORGWARNER INC | $1.8M | 0.07% | 50,000 | Common | SOLE |
| 55024UAD1 | LITE 0.5 12/15/26 | LUMENTUM HLDGS INC | $1.8M | 0.07% | 2,000,000 | Common | SOLE |
| 477143101 | JBLU | JETBLUE AWYS CORP | $1.7M | 0.07% | 300,000 | CALL | SOLE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $1.6M | 0.07% | 9,000 | Common | SOLE |
| 76954A103 | RIVN | RIVIAN AUTOMOTIVE INC | $1.6M | 0.07% | 1,563,000 | PUT | SOLE |
| 500754106 | KHC | KRAFT HEINZ CO | $1.4M | 0.06% | 39,140 | Common | SOLE |
| 40131M109 | GH | GUARDANT HEALTH INC | $1.4M | 0.06% | 50,000 | PUT | SOLE |
| 25470MAB5 | DISH 3.375 08/15/26 | DISH NETWORK CORPORATION | $1.4M | 0.06% | 2,500,000 | Common | SOLE |
| 51509P103 | LSEA | LANDSEA HOMES CORP | $1.3M | 0.06% | 100,921 | Common | SOLE |
| 707569109 | PENN | PENN ENTERTAINMENT INC | $1.3M | 0.05% | 50,000 | Common | SOLE |
| 83001A102 | SIXEUR | SIX FLAGS ENTMT CORP NEW | $1.3M | 0.05% | 50,000 | Common | SOLE |
| 704551100 | BTU | PEABODY ENERGY CORP | $1.2M | 0.05% | 50,000 | PUT | SOLE |
| 704551100 | BTU | PEABODY ENERGY CORP | $1.2M | 0.05% | 50,000 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $1.2M | 0.05% | 31,496 | Common | SOLE |
| 606710AA9 | MITK 0.75 02/01/26 | MITEK SYS INC | $1.1M | 0.05% | 1,250,000 | Common | SOLE |
| 33813J106 | SPAQUSD | FISKER INC | $1.1M | 0.04% | 600,000 | PUT | SOLE |
| 784730AB9 | SSRMCN 2.5 04/01/39 | SSR MINING IN | $964,309 | 0.04% | 1,000,000 | Common | SOLE |
| 82968B103 | SIRIEUR | SIRIUS XM HOLDINGS INC | $793,150 | 0.03% | 145,000 | CALL | SOLE |
| 531229813 | 22941EUR | LIBERTY MEDIA CORP DEL | $499,386 | 0.02% | 17,376 | Common | SOLE |
| 093712107 | BE | BLOOM ENERGY CORP | $481,000 | 0.02% | 32,500 | CALL | SOLE |
| 74623V103 | PCT | PURECYCLE TECHNOLOGIES INC | $405,000 | 0.02% | 100,000 | PUT | SOLE |
| 92766K106 | IPOAGBP | VIRGIN GALACTIC HOLDINGS INC | $367,500 | 0.02% | 150,000 | PUT | SOLE |
| 92766K106 | IPOAGBP | VIRGIN GALACTIC HOLDINGS INC | $367,500 | 0.02% | 150,000 | Common | SOLE |
| 654110105 | — | NIKOLA CORP | $359,188 | 0.02% | 410,500 | PUT | SOLE |
| 654110AG0 | — | NIKOLA CORP | $290,750 | 0.01% | 250,000 | Common | SOLE |
| 08975B117 | BBAI/WS | BIGBEAR AI HLDGS INC | $32,074 | 0.00% | 98,996 | Common | SOLE |
| 549498103 | CCIVGBP | LUCID GROUP INC | $14,271 | 0.00% | 3,390 | Common | SOLE |
| 123013112 | — | BURTECH ACQUISITION CORP | $12,007 | 0.00% | 150,000 | Common | SOLE |
| 09174P113 | BTMWW | BITCOIN DEPOT INC | $11,860 | 0.00% | 81,799 | Common | SOLE |
| G11728139 | — | BLEUACACIA LTD | $10,000 | 0.00% | 200,000 | Common | SOLE |
| 06690B115 | PNSWQ | BANYAN ACQUISITION CORPORATI | $8,286 | 0.00% | 22,499 | Common | SOLE |
| 82836N115 | — | SILVERBOX CORP III | $7,704 | 0.00% | 83,333 | Common | SOLE |
| 399473206 | GRPN | GROUPON INC | $6,946 | 0.00% | 541 | Common | SOLE |
| 40472A128 | EONR/WS | HNR ACQUISITION CORP | $6,375 | 0.00% | 100,000 | Common | SOLE |
| 00809J119 | — | AETHERIUM ACQUISITION CORP | $6,000 | 0.00% | 150,000 | Common | SOLE |
| 28202V116 | EFTRW | EFFECTOR THERAPEUTICS INC | $4,432 | 0.00% | 41,795 | Common | SOLE |
| 87169M113 | OPTXW | SYNTEC OPTICS HLDGS INC | $3,745 | 0.00% | 46,848 | Common | SOLE |
| G0135E126 | AIMWF | AIMFINITY INVESTMENT CORP I | $3,350 | 0.00% | 100,000 | Common | SOLE |
| 74349W112 | SOARW | PROOF ACQUISITION CORP I | $3,125 | 0.00% | 25,000 | Common | SOLE |
| 29978K110 | EVCOW | EVEREST CONSOLIDATOR ACQ COR | $3,124 | 0.00% | 24,999 | Common | SOLE |
| G7185D114 | — | PERCEPTION CAPITAL CORP III | $3,060 | 0.00% | 22,999 | Common | SOLE |
| G1995D117 | CRTWF | CARTICA ACQUISITION CORP | $2,352 | 0.00% | 49,999 | Common | SOLE |
| G6256B114 | SMNRW | DENALI CAPITAL ACQUISITN COR | $2,193 | 0.00% | 41,184 | Common | SOLE |
| 67022R111 | — | NUBIA BRAND INTERNATIONAL CO | $1,997 | 0.00% | 50,000 | Common | SOLE |
| 73245B115 | SBCWW | PONO CAP TWO INC | $1,899 | 0.00% | 55,787 | Common | SOLE |
| G11728113 | BLEUW | BLEUACACIA LTD | $1,894 | 0.00% | 99,999 | Common | SOLE |
| 36119D111 | FTIIW | FUTURETECH II ACQUISITION CO | $1,880 | 0.00% | 80,000 | Common | SOLE |
| G5338L124 | — | LAMF GLOBAL VENTURES CORP I | $1,076 | 0.00% | 37,499 | Common | SOLE |
| G1745A124 | CTSWF | CACTUS ACQUISITION CORP 1 LT | $687 | 0.00% | 24,994 | Common | SOLE |
| G49219127 | IVAWF | INVESTCORP INDIA ACQUISTN CO | $406 | 0.00% | 12,500 | Common | SOLE |
| 29415V117 | COCHW | ENVOY MEDICAL INC | $242 | 0.00% | 10,300 | Common | SOLE |
| G3R95P116 | OIOWW | ESGL HLDGS LTD | $205 | 0.00% | 66,400 | Common | SOLE |
| G8059B119 | SLNWF | SELINA HOSPITALITY PLC | $0 | — | 144,913 | 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.