Q4 2025 Holdings
Filed 2026-02-17 | 40 holdings | $1.1B | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Echostar Corp(SATS) | CL A | 278768106 | $409.6M | 3,767,928 | 37.4% |
| Masterbrand Inc(MBC) | COMMON STOCK | 57638P104 | $66.4M | 6,010,410 | 6.1% |
| HCA Healthcare Inc(HCA)Put | COM | 40412C101 | $56.0M | 120,000 | 5.1% |
| Telephone & Data SYS Inc(TDS) | COM NEW | 879433829 | $43.8M | 1,067,297 | 4.0% |
| Alibaba Group Hldg LTD | NOTE 0.500% 6/0 | 01609WBG6 | $41.3M | $40,000,000 | 3.8% |
| Sila Realty Trust Inc(SILA) | COMMON STOCK | 146280508 | $40.8M | 1,750,000 | 3.7% |
| Caesars Entertainment Inc NE(CZR)Call | COM | 12769G100 | $35.1M | 1,500,000 | 3.2% |
| FS KKR Cap Corp(FSK) | COM | 302635206 | $33.7M | 2,272,393 | 3.1% |
| AES Corp(AES) | COM | 00130H105 | $28.0M | 1,950,000 | 2.6% |
| Alphabet Inc(GOOGL)Call | CAP STK CL A | 02079K305 | $23.5M | 75,000 | 2.1% |
| American Airls Group Inc(AAL)Put | COM | 02376R102 | $23.0M | 1,500,000 | 2.1% |
| Ardagh Metal Packaging S A(AMBP) | SHS | L02235106 | $22.0M | 5,376,366 | 2.0% |
| James Hardie Inds PLC(JHX) | ORD SHS | G4253H101 | $20.8M | 1,000,000 | 1.9% |
| Bain Cap GSS Invt Corp | UNIT 99/99/9999 | G0R78B122 | $20.4M | 2,000,000 | 1.9% |
| Caesars Entertainment Inc NE(CZR) | COM | 12769G100 | $19.9M | 850,000 | 1.8% |
| Entergy Corp New(ETR) | COM | 29364G103 | $19.2M | 208,000 | 1.8% |
| Digitalbridge Group Inc(DBRG) | CL A NEW | 25401T603 | $19.2M | 1,250,000 | 1.8% |
| Evergy Inc(EVRG) | COM | 30034W106 | $18.8M | 260,000 | 1.7% |
| Magnera Corp(MAGN) | COM SHS | 55939A107 | $18.3M | 1,205,793 | 1.7% |
| Nuveen Churchill Direct Lend(NCDL) | COM SHS | 67090S108 | $16.3M | 1,220,800 | 1.5% |
| Five9 Inc | NOTE 1.000% 3/1 | 338307AF8 | $15.8M | $17,550,000 | 1.4% |
| RH(RH) | COM | 74967X103 | $13.1M | 73,000 | 1.2% |
| Midcap Financial Invstmnt Co(MFIC) | COM NEW | 03761U502 | $11.6M | 1,013,005 | 1.1% |
| Pennantpark Floating Rate CA(PFLT) | COM | 70806A106 | $11.0M | 1,184,476 | 1.0% |
| Uniti Group LLC(UNIT) | COM SHS | 912932100 | $10.5M | 1,500,000 | 1.0% |
| Medline Inc(MDLN) | COM CL A | 58507V107 | $10.5M | 250,000 | 1.0% |
| Barings BDC Inc(BBDC) | COM | 06759L103 | $8.9M | 966,370 | 0.8% |
| SLR Investment Corp(SLRC) | COM | 83413U100 | $6.1M | 395,389 | 0.6% |
| Wolfspeed Inc(WOLF) | COMMON STOCK | 97785W106 | $6.0M | 347,427 | 0.6% |
| Optimum Communications Inc(OPTU) | CL A | 02156K103 | $5.3M | 3,188,947 | 0.5% |
| Rapid7 Inc | NOTE 1.250% 3/1 | 753422AH7 | $4.6M | $5,000,000 | 0.4% |
| UL Solutions Inc(ULS) | CLASS A COM SHS | 903731107 | $3.9M | 50,000 | 0.4% |
| Mercer Intl Inc(MERC) | COM | 588056101 | $2.2M | 1,100,397 | 0.2% |
| ELI Lilly & Co(LLY) | COM | 532457108 | $1.5M | 1,350 | 0.1% |
| Merck & Co Inc(MRK) | COM | 58933Y105 | $1.4M | 13,750 | 0.1% |
| Novartis AG(NVSN) | SPONSORED ADR | 66987V109 | $1.4M | 10,400 | 0.1% |
| Astrazeneca PLC(AZN) | SPONSORED ADR | 046353108 | $1.4M | 15,000 | 0.1% |
| Sanofi SA(SNY) | SPONSORED ADR | 80105N105 | $1.4M | 28,000 | 0.1% |
| Pfizer Inc(PFE) | COM | 717081103 | $1.3M | 53,000 | 0.1% |
| Liberty Media Corp del | DEB 3.750% 2/1 | 530715AL5 | $479.5K | $7,794,874 | 0.0% |