Fund Holdings — LINDEN ADVISORS LP

Total Portfolio Value
$15.00B
Total Bought
$534.61M
Total Sold
$431.90M
Net Transaction
+$102.71M
Filing Period:
Securities
▲▼
SharesValue ($K)
Q2 2025
▲▼
Q3 2025
▲▼
Change
▲▼
Q2 2025
▲▼
Q3 2025
▲▼
Weight (%)
▲▼
Change
▲▼
BLOOM ENERGY CORP 3 06/01/2028(BE)000133,069546,2423.64%+413,172
BLOOM ENERGY CORP 3 06/01/2029 144A(BE)000154,076508,8193.39%+354,743
JAZZ INVESTMENTS I LTD 3.125 09/15/2030(JAZZ)0000343,1012.29%+343,101
ALIBABA GROUP HOLDING 0.5 06/01/2031(BABA)00087,983305,6322.04%+217,649
OSI SYSTEMS INC 2.25 08/01/2029(OSIS)0000160,6691.07%+160,669
AEROVIRONMENT INC 0 07/15/2030(AVAV)0000134,0700.89%+134,070
SUNRUN INC 4 03/01/2030 144A(RUN)00033,200158,9271.06%+125,728
WESTERN DIGITAL CORP 3 11/15/2028(WDC)00082,518207,5551.38%+125,037
LUMENTUM HOLDINGS INC 0.5 06/15/2028(LITE)000251,302370,1792.47%+118,877
LUMENTUM HOLDINGS INC 1.5 12/15/2029(LITE)00099,158215,8741.44%+116,716
ANI PHARMACEUTICALS INC 2.25 09/01/2029 144A(ANIP)000099,8290.67%+99,829
CIPHER MINING 1.75 05/15/2030(CIFR)00059,977159,4171.06%+99,440
PELOTON INTERACTIVE INC 5.5 12/01/2029(PTON)000216,459304,5812.03%+88,122
EXACT SCIENCES CORP 0.375 03/01/2028000149,621230,1361.53%+80,515
SEMTECH CORP 1.625 11/01/2027(SMTC)000191,657270,3001.80%+78,643
SOLAR EDGE TECHNOLOGIES 2.25 07/01/2029(SEDG)000074,3210.50%+74,321
IONIS PHARMACEUTICALS IN 0 04/01/2026(IONS)00065,152133,4560.89%+68,304
NIO INC 4.625 10/15/2030(NIO)00063859,3060.40%+58,668
EXACT SCIENCES CORP 0.375 03/15/2027000178,491235,6411.57%+57,150
CELCUITY INC 2.75 08/01/2031(CELC)000057,1110.38%+57,111
WAYFAIR INC 3.5 11/15/2028(W)00056,918108,1390.72%+51,221
WISDOMTREE INC 3.25 08/15/2029 144A(WT)000050,2120.33%+50,212
WAYFAIR INC 3.25 09/15/2027(W)00025,48370,6020.47%+45,120
SOLARIS ENERGY INFRASTRU 4.75 05/01/2030(SEI)00036,11680,9760.54%+44,860
FORTUNA MINING CORP 3.75 06/30/2029 144A
NOTE
00061,929104,8050.70%+42,876
BRIDGEBIO PHARMA INC 2.25 02/01/2029(BBIO)000138,608173,0941.15%+34,485
PENGUIN SOLUTIONS INC 2 08/15/2030(PENG)000032,0970.21%+32,097
SPHERE ENTERTAINMENT CO 3.5 12/01/2028(SPHR)000122,793153,8001.03%+31,007
WORKIVA INC 1.25 08/15/2028(WK)00093,692123,8720.83%+30,180
VERTEX INC 0.75 05/01/2029 144A(VERX)000029,2080.19%+29,208
NOVA LTD(NVMI)090,980+90,980029,0830.19%+29,083
NIO INC 3.875 10/15/2029(NIO)00016,60344,4230.30%+27,821
GREEN PLAINS INC 2.25 03/15/2027(GPRE)000025,6790.17%+25,679
IONIS PHARMACEUTICALS IN 1.75 06/15/2028(IONS)0002,71227,5580.18%+24,845
MARA HOLDINGS INC 2.125 09/01/2031 144A(MARA)000018,9000.13%+18,900
BXP INC(BXP)0251,871+251,871018,7240.12%+18,724
HALOZYME THERAPEUTICS IN 1 08/15/2028(HALO)000018,3040.12%+18,304
THAYER VENTURES ACQUIS CL A
CL A
01,750,000+1,750,000017,5610.12%+17,561
VISHAY INTERTECHNOLOGY 2.25 09/15/2030(VSH)000173,341189,2981.26%+15,956
JENA ACQUISITION CORP II A(JENA)01,550,000+1,550,000015,7330.10%+15,733
TALON CAPITAL CORP
UNIT 08/27/2030
01,500,000+1,500,000015,0450.10%+15,045
EGH ACQUISITION CO A(EGHA)01,500,000+1,500,000015,0150.10%+15,015
SNAP INC 0.5 05/01/2030 144A(SNAP)000118,156133,1170.89%+14,961
MCKINLEY ACQUISITION CORP(MKLY)01,445,000+1,445,000014,4360.10%+14,436
COHEN CIRCLE ACQUISIT II A
SHS CL A
01,394,511+1,394,511014,1540.09%+14,154
KOCHAV DEFENSE ACQUISITION A
SHS CL A
01,400,000+1,400,000014,0420.09%+14,042
MKS INC 1.25 06/01/2030(MKSI)000214,701228,7411.53%+14,040
VARONIS SYSTEM INC 1 09/15/2029 144A(VRNS)000013,4310.09%+13,431
PROS HOLDINGS INC 2.5 07/01/2030 144A00067,43780,5540.54%+13,117
GSR IV ACQUISITION CORP(GSRF)01,250,000+1,250,000012,6690.08%+12,669
OTG ACQUISITION CORP I(OTGA)01,250,000+1,250,000012,5880.08%+12,588
TRAVERE THERAPEUTICS INC 2.25 03/01/2029(TVTX)00089,728102,2770.68%+12,549
COLLEGIUM PHARMA INC 2.875 02/15/2029(COLL)000121,036133,4790.89%+12,443
JBT MAREL CORP(JBTM)086,500+86,500012,1490.08%+12,149
A PARADISE ACQUISITION A
COM CL A
01,200,000+1,200,000011,8800.08%+11,880
OYSTER ENTERPRISES II ACQ A
ORD SHS CL A
01,150,000+1,150,000011,5460.08%+11,546
BRIDGEBIO PHARMA INC 2.5 03/15/2027(BBIO)00098,699110,2170.73%+11,517
PYROPHYTE ACQUISITION CORP A
CL A SHS
01,150,000+1,150,000011,4540.08%+11,454
BTC DEVELOPMENT CORP(BDCI)01,125,000+1,125,000011,3630.08%+11,363
M3 BRIGADE ACQUISITION VI CO(MBVI)01,100,000+1,100,000011,1320.07%+11,132
CHURCHILL CAPITAL CORP X A0850,000+850,000010,9310.07%+10,931
SPRING VALLEY ACQUISITION CO
UNIT 09/04/2030
01,000,000+1,000,000010,4000.07%+10,400
EQV VENTURES ACQUISITION II C A
ORD SHS CL A
01,025,000+1,025,000010,1990.07%+10,199
CANTOR EQUITY PARTNERS IV CL A
SHS CL A
01,000,000+1,000,000010,1900.07%+10,190
HCM III ACQUISITION CORP ORD SHS CL A(HCMA)01,000,000+1,000,000010,1000.07%+10,100
PIONEER ACQUISITION I CL A(PACH)01,000,000+1,000,00009,9400.07%+9,940
PROCAP ACQUISITION CORP A(PCAP)0950,000+950,00009,7570.07%+9,757
TRIP.COM GROUP LTD ADR(TCOM)0128,200+128,20009,6410.06%+9,641
LIGHTWAVE ACQUISITION CORP A(LWAC)0950,000+950,00009,4720.06%+9,472
VEECO INSTRUMENTS INC 2.875 06/01/2029(VECO)00096,502105,9120.71%+9,410
AMERICAN EXCEPTIONALISM CL A
ORD CL A
0850,000+850,00009,2910.06%+9,291
SEMTECH CORP 4 11/01/2028(SMTC)00017,25226,4430.18%+9,191
WEN ACQUISITION CORP A(WENN)0900,000+900,00009,1170.06%+9,117
BLUE WATER ACQUISITION C A
ORD SHS CL A
0900,000+900,00008,9730.06%+8,973
SILVER PEGASUS ACQUISITION A
SHS CL A
0850,000+850,00008,4750.06%+8,475
GP ACT III ACQUISITION A(GPAT)0797,584+797,58408,4540.06%+8,454
IMMUNOCORE HOLDINGS 2.5 02/01/2030(IMCR)00072,58881,0390.54%+8,450
GLADSTONE CAPITAL CORP 5.875 10/01/2030(GLAD)00008,3520.06%+8,352
PROGRESS SOFTWARE CORP 3.5 03/01/2030(PRGS)000143,765152,0701.01%+8,305
SNAP INC 0.125 03/01/2028(SNAP)00032,58940,5810.27%+7,993
GLOBA TERRA ACQUISITION CO A
CL A ORD SHS
0760,850+760,85007,5930.05%+7,593
HIGHVIEW MERGER CORP(HVMC)0750,000+750,00007,5900.05%+7,590
EMMIS ACQUISITION CORP0750,000+750,00007,4850.05%+7,485
GALATA ACQUISITION CORP II(LATA)0750,000+750,00007,4850.05%+7,485
BLUE ACQUISITION CORP CL A
ORD SHS CL A
0725,000+725,00007,2460.05%+7,246
ENCORE CAPITAL GROUP INC 4 03/15/2029(ECPG)00067,48474,6380.50%+7,155
GRANITE CONSTRUCTION INC 3.25 06/15/2030(GVA)000175,570182,4261.22%+6,856
ALNYLAM PHARMACEUTICALS INC(ALNY)014,364+14,36406,5500.04%+6,550
MARRIOTT VACATION WORLDW 3.25 12/15/2027(VAC)000145,196151,7391.01%+6,543
WEIBO CORP 1.375 12/01/2030(WB)00090,54297,0600.65%+6,518
LIVEPERSON INC(LPSN)011,124,880+11,124,88006,4890.04%+6,489
AXIOM INTELLIGENCE CL A
ORD SHS CL A
0650,000+650,00006,4870.04%+6,487
BLACKBERRY LTD 3 02/15/2029(BB)00055,42061,5940.41%+6,174
ENPHASE ENERGY INC 0 03/01/2028(ENPH)00099,424105,4910.70%+6,067
BAIN CAPITAL GSS INVESTMENT
UNIT 99/99/9999
0600,000+600,00006,0540.04%+6,054
SOLARIUS CAPITAL ACQUIS CL A
SHS CL A
0600,000+600,00005,9760.04%+5,976
CSLM DIGITAL ASSET ACQU A
USD CL A ORD SHS
0600,000+600,00005,9550.04%+5,955
LIVANOVA PLC 2.5 03/15/2029(LIVN)000104,776110,2940.74%+5,519
1RT ACQUISITION CORP A(ONCH)0510,100+510,10005,3310.04%+5,331
MAYWOOD ACQUISITION COR CL A
ORD SHS CL A
300,000800,000+500,0003,0398,2240.05%+5,185
Page 1 of 5
LINDEN ADVISORS LP — 13F Holdings — Q3 2025 | TickerTrail