Institutional
SUSQUEHANNA ADVISORS GROUP, INC.
CIK 0001444949
$3.05B
Reported AUM
120
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · SUSQUEHANNA ADVISORS GROUP, INC. · Q1 2026
AI · grounded in 13F
Susquehanna Advisors Group, Inc. closed its position in MU, reducing exposure by $513.7M. The fund also exited positions in META and AMZN, totaling $417.8M and $398M respectively. On the buy side, the fund established new positions in ORCL for $203M and NKE for $190.1M. Additionally, the fund accumulated shares of TSM and MA.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | QQQ | INVESCO QQQ TR | $705.06 | -4.80% | 33.69% | 99.06% | $389.0M | 12.76% | — | HELD |
| 2 | PFE | PFIZER INC | $26.04 | 1.36% | 19.31% | -21.41% | $280.8M | 9.21% | −3,600,000 | −26.5% |
| 3 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $415.17 | -6.69% | 104.85% | 285.24% | $218.7M | 7.17% | +643,000 | +16075.0% |
| 4 | SHOP | SHOPIFY INC | $109.54 | -5.60% | -1.68% | -26.97% | $205.0M | 6.73% | +280,600 | +19.4% |
| 5 | ORCL | ORACLE CORP | $213.68 | -9.59% | 24.02% | 162.37% | $203.0M | 6.66% | +1,380,000 | NEW |
| 6 | NKE | NIKE INC | $42.98 | -1.47% | -29.22% | -72.13% | $190.2M | 6.24% | +3,600,000 | NEW |
| 7 | SE | SEA LTD | $86.56 | -6.00% | -47.73% | -68.66% | $147.4M | 4.84% | +1,780,000 | NEW |
| 8 | MA | MASTERCARD INCORPORATED | $491.08 | 1.93% | -16.29% | 31.00% | $132.4M | 4.34% | +205,000 | +341.7% |
| 9 | SPY | STATE STR SPDR S&P 500 ETF T | $737.55 | -2.58% | 24.51% | 79.50% | $117.1M | 3.84% | +180,000 | NEW |
| 10 | NN | NEXTNAV INC | $21.60 | -8.44% | 82.12% | 116.00% | $88.9M | 2.92% | +67,784 | +1.2% |
| 11 | LITE 1.5 12/15/29 | LUMENTUM HLDGS INC | — | — | — | — | $82.3M | 2.70% | +2,305,000 | +39.4% |
| 12 | APO 6.75 07/31/26 | APOLLO GLOBAL MGMT INC | — | — | — | — | $80.4M | 2.64% | +1,075,000 | +358.3% |
| 13 | APLD 2.75 06/01/30 | APPLIED DIGITAL CORP | — | — | — | — | $78.5M | 2.58% | −1,050,000 | −3.4% |
| 14 | MSTR | STRATEGY INC | $120.44 | -6.90% | -67.84% | 92.39% | $74.9M | 2.46% | — | HELD |
| 15 | NEE 7.375 02/15/29 | NEXTERA ENERGY INC | — | — | — | — | $68.0M | 2.23% | +1,353,273 | NEW |
| 16 | ALB 7.25 03/01/27 | ALBEMARLE CORP | — | — | — | — | $64.7M | 2.12% | −300,000 | −25.0% |
| 17 | XRT | SPDR SERIES TRUST | $84.08 | 1.76% | 6.39% | -6.43% | $60.4M | 1.98% | — | HELD |
| 18 | IWM | ISHARES TR | $281.65 | -3.55% | 34.35% | 35.27% | $59.5M | 1.95% | +240,000 | NEW |
| 19 | HPE 7.625 09/01/27 | HEWLETT PACKARD ENTERPRISE C | — | — | — | — | $56.4M | 1.85% | +650,000 | +288.9% |
| 20 | PRCH 9 05/15/30 | PORCH GROUP INC | — | — | — | — | $40.4M | 1.33% | −7,250,000 | −16.0% |
| 21 | ORCL 6.5 01/15/29 D | ORACLE CORP | — | — | — | — | $35.6M | 1.17% | +790,000 | NEW |
| 22 | MSTR 0 12/01/29 | STRATEGY INC | — | — | — | — | $30.5M | 1.00% | −56,810,000 | −60.4% |
| 23 | FOUR 6 05/01/28 | SHIFT4 PMTS INC | — | — | — | — | $29.2M | 0.96% | +385,000 | +240.6% |
| 24 | NEE 7.299 06/01/27 | NEXTERA ENERGY INC | — | — | — | — | $25.8M | 0.84% | +460,000 | NEW |
| 25 | GDX | VANECK ETF TRUST | $78.84 | -8.75% | 53.84% | 141.98% | $23.3M | 0.77% | +254,300 | NEW |
| 26 | PPL 7 02/15/29 | PPL CORP | — | — | — | — | $20.5M | 0.67% | +400,000 | NEW |
| 27 | EQX | EQUINOX GOLD CORP | $10.79 | -6.17% | 55.81% | 55.36% | $20.2M | 0.66% | −600,000 | −30.0% |
| 28 | A | AGILENT TECHNOLOGIES INC | $135.41 | -0.02% | 17.92% | -8.47% | $18.2M | 0.60% | +160,000 | NEW |
| 29 | CRGY | CRESCENT ENERGY COMPANY | $11.77 | 1.99% | 33.71% | 6.07% | $14.5M | 0.48% | +1,072,954 | NEW |
| 30 | NEE 7.234 11/01/27 | NEXTERA ENERGY INC | — | — | — | — | $10.5M | 0.34% | +200,000 | NEW |
| 31 | IAG | IAMGOLD CORP | $15.58 | 1.04% | — | — | $9.6M | 0.31% | +170,150 | +50.2% |
| 32 | DHR | DANAHER CORP DEL | $184.30 | -1.25% | — | — | $9.5M | 0.31% | +50,000 | NEW |
| 33 | AEM | AGNICO EAGLE MINES LTD | $163.66 | -7.41% | — | — | $7.9M | 0.26% | −2,403 | −5.8% |
| 34 | EXE | EXPAND ENERGY CORPORATION | $92.07 | -1.42% | — | — | $7.9M | 0.26% | +45,489 | +172.1% |
| 35 | CP | CANADIAN PACIFIC KANSAS CITY | $89.93 | 0.48% | — | — | $7.5M | 0.25% | −800 | −0.8% |
| 36 | WHR 8.5 02/15/29 A | WHIRLPOOL CORP | — | — | — | — | $7.2M | 0.24% | +175,000 | NEW |
| 37 | VTI | VANGUARD INDEX FDS | $363.38 | -2.68% | — | — | $7.0M | 0.23% | — | HELD |
| 38 | WOLF 2.5 06/15/31 | WOLFSPEED INC | — | — | — | — | $7.0M | 0.23% | — | HELD |
| 39 | TD | TORONTO DOMINION BK ONT | $113.16 | -0.52% | — | — | $6.6M | 0.22% | — | HELD |
| 40 | LBRT | LIBERTY ENERGY INC | $28.45 | -9.85% | — | — | $5.6M | 0.18% | +195,000 | NEW |
| 41 | SVC | SERVICE PPTYS TR | $1.58 | 0.64% | — | — | $5.5M | 0.18% | −1,975,180 | −32.8% |
| 42 | RY | ROYAL BK CDA | $194.04 | -0.48% | — | — | $5.1M | 0.17% | — | HELD |
| 43 | TSEM | TOWER SEMICONDUCTOR LTD | $235.48 | -9.88% | — | — | $4.1M | 0.13% | −23,014 | −49.6% |
| 44 | BA | BOEING CO | $215.45 | -0.91% | — | — | $4.0M | 0.13% | +20,200 | NEW |
| 45 | FUN | SIX FLAGS ENTERTAINMENT CORP | $22.32 | 7.72% | — | — | $3.9M | 0.13% | −43,579 | −16.6% |
| 46 | AVAV | AEROVIRONMENT INC | $185.92 | -9.04% | — | — | $3.8M | 0.13% | +20,820 | NEW |
| 47 | CNQ | CANADIAN NAT RES LTD MED TER | $45.70 | -4.11% | — | — | $3.8M | 0.13% | −2,198 | −2.7% |
| 48 | COMP | COMPASS INC | $7.56 | -1.95% | — | — | $3.8M | 0.12% | — | HELD |
| 49 | NVO | NOVO-NORDISK A S | $42.96 | -1.81% | — | — | $3.7M | 0.12% | −2,560,000 | −96.2% |
| 50 | WOLF | WOLFSPEED INC | $55.06 | -17.89% | — | — | $3.7M | 0.12% | −744 | −0.3% |
| 51 | ARES 6.75 10/01/27 B | ARES MANAGEMENT CORPORATION | — | — | — | — | $3.6M | 0.12% | +100,000 | NEW |
| 52 | AAUC | ALLIED GOLD CORP | $25.86 | 1.41% | — | — | $3.3M | 0.11% | +106,666 | NEW |
| 53 | MFC | MANULIFE FINL CORP | $38.71 | 0.55% | — | — | $3.3M | 0.11% | — | HELD |
| 54 | BMO | BANK MONTREAL MEDIUM | $164.37 | -0.51% | — | — | $3.2M | 0.11% | — | HELD |
| 55 | CC | CHEMOURS CO | $20.50 | -5.40% | — | — | $3.1M | 0.10% | −709,074 | −83.7% |
| 56 | CNI | CANADIAN NATL RY CO | $120.38 | 0.74% | — | — | $2.8M | 0.09% | −600 | −2.1% |
| 57 | IMO | IMPERIAL OIL LTD | $124.96 | 2.66% | — | — | $2.8M | 0.09% | +21,665 | NEW |
| 58 | ENLT | ENLIGHT RENEWABLE ENERGY LTD | $96.98 | 6.59% | — | — | $2.5M | 0.08% | +36,376 | NEW |
| 59 | ALM | ALMONTY INDS INC | $16.31 | -21.13% | — | — | $2.4M | 0.08% | +167,800 | NEW |
| 60 | RACE | FERRARI N V | $350.79 | 1.10% | — | — | $2.4M | 0.08% | −1,377 | −16.2% |
| 61 | AQN | ALGONQUIN POWER & UTILITIES | $6.01 | 0.08% | — | — | $2.4M | 0.08% | — | HELD |
| 62 | MSTR 0 03/01/30 | STRATEGY INC | — | — | — | — | $1.9M | 0.06% | +2,250,000 | NEW |
| 63 | HRI | HERC HLDGS INC | $135.20 | -1.08% | — | — | $1.9M | 0.06% | +19,009 | NEW |
| 64 | GLXY | GALAXY DIGITAL INC. | $27.99 | 11.34% | — | — | $1.6M | 0.05% | — | HELD |
| 65 | VEU | VANGUARD INTL EQUITY INDEX F | $81.13 | -3.76% | — | — | $1.5M | 0.05% | — | HELD |
| 66 | SUNC | SUNOCOCORP LLC | $66.92 | -0.80% | — | — | $1.5M | 0.05% | — | HELD |
| 67 | OTEX | OPEN TEXT CORP | $22.98 | -0.61% | — | — | $1.4M | 0.05% | +65,117 | NEW |
| 68 | JHX | JAMES HARDIE INDS PLC | $22.66 | -3.12% | — | — | $1.4M | 0.05% | −24,137 | −24.3% |
| 69 | COIN 0.5 06/01/26 | COINBASE GLOBAL INC | — | — | — | — | $1.4M | 0.05% | +140,935,000 | NEW |
| 70 | OVV | OVINTIV INC | $57.55 | 1.50% | — | — | $1.4M | 0.04% | +22,745 | NEW |
| 71 | NEE 3 03/01/27 | NEXTERA ENERGY CAP HLDGS INC | — | — | — | — | $1.3M | 0.04% | +96,429,000 | NEW |
| 72 | VOYG | VOYAGER TECHNOLOGIES INC | $41.55 | -12.89% | — | — | $1.3M | 0.04% | +56,828 | NEW |
| 73 | GDS | GDS HLDGS LTD | $33.89 | -0.32% | — | — | $1.3M | 0.04% | — | HELD |
| 74 | VSEC 5.75 02/01/29 | VSE CORP | — | — | — | — | $1.3M | 0.04% | +25,000 | NEW |
| 75 | BABA 0.5 06/01/31 | ALIBABA GROUP HLDG LTD | — | — | — | — | $1.2M | 0.04% | −7,645,000 | −7.8% |
| 76 | UNIT | UNITI GROUP LLC | $11.68 | -0.93% | — | — | $1.2M | 0.04% | −23,686 | −15.9% |
| 77 | CCL1EUR | CARNIVAL CORP | — | — | — | — | $1.0M | 0.03% | +40,230 | NEW |
| 78 | ADTN | ADTRAN HOLDINGS INC | $15.35 | -11.12% | — | — | $1.0M | 0.03% | −858 | −1.0% |
| 79 | OGN | ORGANON & CO | $13.40 | 0.26% | — | — | $976K | 0.03% | +162,915 | NEW |
| 80 | MSTR 0.875 03/15/31 | STRATEGY INC | — | — | — | — | $834K | 0.03% | −25,510,000 | −22.8% |
| 81 | SOFI | SOFI TECHNOLOGIES INC | $16.03 | -6.53% | — | — | $691K | 0.02% | — | HELD |
| 82 | CDE | COEUR MNG INC | $16.37 | -11.42% | — | — | $604K | 0.02% | −10,494,000 | −99.7% |
| 83 | AG | FIRST MAJESTIC SILVER CORP | $16.99 | -14.06% | — | — | $533K | 0.02% | −144,000 | −85.3% |
| 84 | PCG 4.25 12/01/27 | PG&E CORP | — | — | — | — | $478K | 0.02% | +33,600,000 | +268.8% |
| 85 | MDA | MDA SPACE LTD | $38.33 | -6.72% | — | — | $436K | 0.01% | +17,200 | NEW |
| 86 | ON 0.5 03/01/29 | ON SEMICONDUCTOR CORP | — | — | — | — | $404K | 0.01% | +41,500,000 | NEW |
| 87 | LITE | LUMENTUM HLDGS INC | $863.66 | -8.62% | — | — | $333K | 0.01% | +474 | NEW |
| 88 | TRMD | TORM PLC | $28.44 | 1.21% | — | — | $312K | 0.01% | +11,200 | NEW |
| 89 | SO 4.5 06/15/27 | SOUTHERN CO | — | — | — | — | $311K | 0.01% | +22,500,000 | +412.8% |
| 90 | SNOW 0 10/01/29 | SNOWFLAKE INC | — | — | — | — | $283K | 0.01% | +18,230,000 | +364.6% |
| 91 | GIL | GILDAN ACTIVEWEAR INC | $58.51 | 1.56% | — | — | $278K | 0.01% | +5,000 | NEW |
| 92 | JBTM 0.25 05/15/26 | JBT MAREL CORPORATION | — | — | — | — | $248K | 0.01% | +25,000,000 | NEW |
| 93 | EWZ | ISHARES INC | $34.01 | -2.21% | — | — | $227K | 0.01% | +5,918 | NEW |
| 94 | MSTR 0.625 03/15/30 | STRATEGY INC | — | — | — | — | $180K | 0.01% | −19,572,000 | −55.6% |
| 95 | MKSI 1.25 06/01/30 | MKS INC. | — | — | — | — | $175K | 0.01% | +10,537,000 | NEW |
| 96 | JAZZ 2 06/15/26 | JAZZ INVESTMENTS I LTD | — | — | — | — | $157K | 0.01% | +13,000,000 | NEW |
| 97 | BBIO 1.75 03/01/31 | BRIDGEBIO PHARMA INC | — | — | — | — | $127K | 0.00% | +7,500,000 | NEW |
| 98 | AWK 3.625 06/15/26 | AMERICAN WTR CAP CORP | — | — | — | — | $116K | 0.00% | −8,500,000 | −42.2% |
| 99 | EVRG 4.5 12/15/27 | EVERGY INC | — | — | — | — | $106K | 0.00% | −5,000,000 | −39.0% |
| 100 | LYV 3.125 01/15/29 | LIVE NATION ENTERTAINMENT IN | — | — | — | — | $100K | 0.00% | +6,560,000 | NEW |
| 101 | FWONK 2.25 08/15/27 | LIBERTY MEDIA CORP DEL | — | — | — | — | $87K | 0.00% | +7,500,000 | NEW |
| 102 | BHC | BAUSCH HEALTH COS INC | — | — | — | — | $85K | 0.00% | — | HELD |
| 103 | 1B2 | BITFARMS LTD | — | — | — | — | $83K | 0.00% | — | HELD |
| 104 | SNDL | SNDL INC | — | — | — | — | $78K | 0.00% | — | HELD |
| 105 | PNW 4.75 06/15/27 | PINNACLE WEST CAP CORP | — | — | — | — | $76K | 0.00% | −3,349,000 | −33.5% |
| 106 | DBX 0 03/01/28 | DROPBOX INC | — | — | — | — | $76K | 0.00% | +8,000,000 | NEW |
| 107 | BTX | BLACKROCK TECH AND PRIVATE E | — | — | — | — | $70K | 0.00% | — | HELD |
| 108 | LCII 3 03/01/30 | LCI INDS | — | — | — | — | $60K | 0.00% | +5,000,000 | NEW |
| 109 | CNP 4.25 08/15/26 | CENTERPOINT ENERGY INC | — | — | — | — | $59K | 0.00% | +5,000,000 | NEW |
| 110 | NET 0 08/15/26 | CLOUDFLARE INC | — | — | — | — | $59K | 0.00% | +5,000,000 | NEW |
| 111 | SIRI 3.75 03/15/28 | LIBERTY MEDIA CORP DEL | — | — | — | — | $52K | 0.00% | +5,000,000 | NEW |
| 112 | ITGR 2.125 02/15/28 | INTEGER HLDGS CORP | — | — | — | — | $46K | 0.00% | — | HELD |
| 113 | DDOG 0 12/01/29 | DATADOG INC | — | — | — | — | $45K | 0.00% | +4,714,000 | NEW |
| 114 | SLI | STANDARD LITHIUM LTD | — | — | — | — | $36K | 0.00% | — | HELD |
| 115 | VAC 3.25 12/15/27 | MARRIOTT VACATIONS WORLDWIDE | — | — | — | — | $34K | 0.00% | — | HELD |
| 116 | SMLR | SEMLER SCIENTIFIC INC | — | — | — | — | $30K | 0.00% | +3,555,000 | NEW |
| 117 | ALHC 4.25 11/15/29 | ALIGNMENT HEALTHCARE INC | — | — | — | — | $28K | 0.00% | +2,000,000 | NEW |
| 118 | CAKE 2 03/15/30 | CHEESECAKE FACTORY INC | — | — | — | — | $25K | 0.00% | +2,500,000 | NEW |
| 119 | BYND 7 10/15/30 | BEYOND MEAT INC | — | — | — | — | $5K | 0.00% | — | HELD |
| 120 | PIIIW | P3 HEALTH PARTNERS INC | — | — | — | — | $295 | 0.00% | — | HELD |
| 121 | MU | MICRON TECHNOLOGY INC | — | — | — | — | — | — | −1,800,000 | EXITED |
| 122 | META | META PLATFORMS INC | — | — | — | — | — | — | −633,000 | EXITED |
| 123 | AMZN | AMAZON COM INC | — | — | — | — | — | — | −1,724,200 | EXITED |
| 124 | NVDA | NVIDIA CORPORATION | — | — | — | — | — | — | −2,116,400 | EXITED |
| 125 | BKNG | BOOKING HOLDINGS INC | — | — | — | — | — | — | −46,000 | EXITED |
| 126 | HLT | HILTON WORLDWIDE HLDGS INC | — | — | — | — | — | — | −780,000 | EXITED |
| 127 | ASML | ASML HOLDING N V | — | — | — | — | — | — | −202,600 | EXITED |
| 128 | GWW | WW GRAINGER INC | — | — | — | — | — | — | −170,900 | EXITED |
| 129 | APP | APPLOVIN CORP | — | — | — | — | — | — | −255,000 | EXITED |
| 130 | JD | JD.COM INC | — | — | — | — | — | — | −5,340,000 | EXITED |
| 131 | INTC | INTEL CORP | — | — | — | — | — | — | −4,050,000 | EXITED |
| 132 | CRH | CRH PLC | — | — | — | — | — | — | −1,063,000 | EXITED |
| 133 | MELI | MERCADOLIBRE INC | — | — | — | — | — | — | −62,600 | EXITED |
| 134 | HOOD | ROBINHOOD MKTS INC | — | — | — | — | — | — | −1,027,300 | EXITED |
| 135 | INSM | INSMED INC | — | — | — | — | — | — | −565,000 | EXITED |
| 136 | CHRW | C H ROBINSON WORLDWIDE INC | — | — | — | — | — | — | −545,500 | EXITED |
| 137 | ONB | OLD NATL BANCORP IND | — | — | — | — | — | — | −2,350,000 | EXITED |
| 138 | MARA 0 03/01/30 | MARA HOLDINGS INC | — | — | — | — | — | — | −39,670,000 | EXITED |
| 139 | MARA | MARA HOLDINGS INC | — | — | — | — | — | — | −3,200,000 | EXITED |
| 140 | QXO 5.5 05/15/28 | QXO INC | — | — | — | — | — | — | −430,000 | EXITED |
| 141 | NOVT 6.5 11/01/28 | NOVANTA INC | — | — | — | — | — | — | −370,000 | EXITED |
| 142 | ARGX | ARGENX SE | — | — | — | — | — | — | −19,079 | EXITED |
| 143 | RIVN | RIVIAN AUTOMOTIVE INC | — | — | — | — | — | — | −750,000 | EXITED |
| 144 | ABNB 0 03/15/26 | AIRBNB INC | — | — | — | — | — | — | −13,600,000 | EXITED |
| 145 | LQD | ISHARES TR | — | — | — | — | — | — | −100,408 | EXITED |
| 146 | PCT 7.25 08/15/30 | PURECYCLE TECHNOLOGIES INC | — | — | — | — | — | — | −9,831,000 | EXITED |
| 147 | ARIS | ARIS MNG CORP | — | — | — | — | — | — | −603,300 | EXITED |
| 148 | ZTS | ZOETIS INC | — | — | — | — | — | — | −65,974 | EXITED |
| 149 | BRKR 6.375 09/01/28 | BRUKER CORP | — | — | — | — | — | — | −22,500 | EXITED |
| 150 | NTR | NUTRIEN LTD | — | — | — | — | — | — | −121,900 | EXITED |
| 151 | EFXT | ENERFLEX LTD | — | — | — | — | — | — | −434,200 | EXITED |
| 152 | B | BARRICK MNG CORP | — | — | — | — | — | — | −145,200 | EXITED |
| 153 | NIO | NIO INC | — | — | — | — | — | — | −1,000,000 | EXITED |
| 154 | PPTA | PERPETUA RESOURCES CORP | — | — | — | — | — | — | −201,151 | EXITED |
| 155 | NGDN | NEW GOLD INC CDA | — | — | — | — | — | — | −440,600 | EXITED |
| 156 | VZLA | VIZSLA SILVER CORP | — | — | — | — | — | — | −692,100 | EXITED |
| 157 | TGB | TASEKO MINES LTD | — | — | — | — | — | — | −620,200 | EXITED |
| 158 | CCO | CLEAR CHANNEL OUTDOOR HLDGS | — | — | — | — | — | — | −1,316,239 | EXITED |
| 159 | SVM | SILVERCORP METALS INC | — | — | — | — | — | — | −326,100 | EXITED |
| 160 | DDOG | DATADOG INC | — | — | — | — | — | — | −16,500 | EXITED |
| 161 | CMCSA | COMCAST CORP NEW | — | — | — | — | — | — | −75,000 | EXITED |
| 162 | STX 3.5 06/01/28 | SEAGATE HDD CAYMAN | — | — | — | — | — | — | −66,259,000 | EXITED |
| 163 | BAM | BROOKFIELD ASSET MANAGMT LTD | — | — | — | — | — | — | −40,300 | EXITED |
| 164 | GFL | GFL ENVIRONMENTAL INC | — | — | — | — | — | — | −47,933 | EXITED |
| 165 | BKE | BUCKLE INC | — | — | — | — | — | — | −38,464 | EXITED |
| 166 | EXK | ENDEAVOUR SILVER CORP | — | — | — | — | — | — | −182,036 | EXITED |
| 167 | AR | ANTERO RESOURCES CORP | — | — | — | — | — | — | −48,000 | EXITED |
| 168 | ORLA | ORLA MNG LTD NEW | — | — | — | — | — | — | −119,100 | EXITED |
| 169 | ERO | ERO COPPER CORP | — | — | — | — | — | — | −55,286 | EXITED |
| 170 | UUUU | ENERGY FUELS INC | — | — | — | — | — | — | −101,900 | EXITED |
| 171 | DNN | DENISON MINES CORP | — | — | — | — | — | — | −515,900 | EXITED |
| 172 | SA | SEABRIDGE GOLD INC | — | — | — | — | — | — | −29,400 | EXITED |
| 173 | BNT | BROOKFIELD WEALTH SOL LTD | — | — | — | — | — | — | −16,066 | EXITED |
| 174 | SMLR | SEMLER SCIENTIFIC INC | — | — | — | — | — | — | −47,797 | EXITED |
| 175 | TFPM | TRIPLE FLAG PRECIOUS METAL | — | — | — | — | — | — | −21,500 | EXITED |
| 176 | SII | SPROTT INC | — | — | — | — | — | — | −7,100 | EXITED |
| 177 | HYG | ISHARES TR | — | — | — | — | — | — | −5,184 | EXITED |
| 178 | FSM | FORTUNA MNG CORP | — | — | — | — | — | — | −33,700 | EXITED |
| 179 | EXEEL | EXPAND ENERGY CORPORATION | — | — | — | — | — | — | −3,304 | EXITED |
| 180 | — | BROOKFIELD BUSINESS CORP | — | — | — | — | — | — | −8,300 | EXITED |
| 181 | AKAM 1.125 02/15/29 | AKAMAI TECHNOLOGIES INC | — | — | — | — | — | — | −25,606,000 | EXITED |
| 182 | MTSI 0.25 03/15/26 | MACOM TECH SOLUTIONS HLDGS I | — | — | — | — | — | — | −10,250,000 | EXITED |
| 183 | MGIC | MAGIC SOFTWARE ENTERPRISES L | — | — | — | — | — | — | −8,196 | EXITED |
| 184 | KEN | KENON HLDGS LTD | — | — | — | — | — | — | −3,043 | EXITED |
| 185 | BWLP | BW LPG LTD | — | — | — | — | — | — | −14,400 | EXITED |
| 186 | DOMH | DOMINARI HOLDINGS INC | — | — | — | — | — | — | −36,827 | EXITED |
| 187 | SNOW 0 10/01/27 | SNOWFLAKE INC | — | — | — | — | — | — | −10,924,000 | EXITED |
| 188 | TCOM 0.75 06/15/29 | TRIP COM GROUP LTD | — | — | — | — | — | — | −13,000,000 | EXITED |
| 189 | AUDC | AUDIOCODES LTD | — | — | — | — | — | — | −17,388 | EXITED |
| 190 | RIOT 0.75 01/15/30 | RIOT PLATFORMS INC | — | — | — | — | — | — | −11,885,000 | EXITED |
| 191 | UBER 0.875 12/01/28 2028 | UBER TECHNOLOGIES INC | — | — | — | — | — | — | −9,657,000 | EXITED |
| 192 | MARA 2.125 09/01/31 | MARA HOLDINGS INC | — | — | — | — | — | — | −13,644,000 | EXITED |
| 193 | GVA 3.25 06/15/30 | GRANITE CONSTR INC | — | — | — | — | — | — | −6,520,000 | EXITED |
| 194 | F 0 03/15/26 | FORD MTR CO | — | — | — | — | — | — | −10,000,000 | EXITED |
| 195 | METC 0 11/01/31 | RAMACO RES INC | — | — | — | — | — | — | −12,000,000 | EXITED |
| 196 | IRTC 1.5 09/01/29 | IRHYTHM TECHNOLOGIES INC | — | — | — | — | — | — | −6,500,000 | EXITED |
| 197 | MTN 0 01/01/26 | VAIL RESORTS INC | — | — | — | — | — | — | −9,000,000 | EXITED |
| 198 | ANIP 2.25 09/01/29 | ANI PHARMACEUTICALS INC | — | — | — | — | — | — | −5,000,000 | EXITED |
| 199 | FE 4 05/01/26 | FIRSTENERGY CORP | — | — | — | — | — | — | −5,000,000 | EXITED |
| 200 | DBX 0 03/01/26 | DROPBOX INC | — | — | — | — | — | — | −5,000,000 | EXITED |
| 201 | BL 0 03/15/26 | BLACKLINE INC | — | — | — | — | — | — | −5,000,000 | EXITED |
| 202 | PD 1.5 10/15/28 * | PAGERDUTY INC | — | — | — | — | — | — | −5,000,000 | EXITED |
| 203 | ON 0 05/01/27 | ON SEMICONDUCTOR CORP | — | — | — | — | — | — | −2,500,000 | EXITED |
| 204 | CMS 3.375 05/01/28 | CMS ENERGY CORP | — | — | — | — | — | — | −2,500,000 | EXITED |
| 205 | PSN 2.625 03/01/29 | PARSONS CORP DEL | — | — | — | — | — | — | −2,566,000 | EXITED |
| 206 | BL 1 06/01/29 | BLACKLINE INC | — | — | — | — | — | — | −2,500,000 | EXITED |
| 207 | PEB 1.75 12/15/26 | PEBBLEBROOK HOTEL TR | — | — | — | — | — | — | −2,500,000 | EXITED |
| 208 | VSH 2.25 09/15/30 | VISHAY INTERTECHNOLOGY INC | — | — | — | — | — | — | −2,500,000 | EXITED |
| 209 | TE 5.25 12/01/30 | T1 ENERGY INC | — | — | — | — | — | — | −1,750,000 | EXITED |
Source: SEC EDGAR · accession 0001444949-26-000008. 13F discloses long positions only — shorts, foreign equities, and options are excluded.