DaveManuel.com · Institutional Ownership · 13F Holdings

SONA ASSET MANAGEMENT (US) LLC

Reported holdings as of Q2 2026, from 19 quarterly filings.

CIK

1856405

Reported value

$4.8B

Positions

409

Top 10 weight

46.9%

Filed

2026-08-14

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
ISHARES TR CALL	TLT	$670.7M	options only	14.08%	-4.53pp	7q	OPTIONS
ECHOSTAR CORP CALL	ECHO	$282.6M	2,287,240	5.93%	-1.38pp	4q	+22.6%+$52.0M
WARNER BROS DISCOVERY INC CALL+PUT	WBD	$276.4M	5,495,158	5.80%	+2.36pp	5q	-7.4%-$22.2M
VANECK ETF TRUST PUT	SMH	$209.9M	options only	4.40%	+4.00pp	2q	OPTIONS
ISHARES TR PUT	HYG	$180.9M	12,363	3.80%	+2.60pp	12q	-86.0%-$1.1B
INVESCO EXCHANGE TRADED FD T	RSP	$137.9M	648,262	2.89%	-0.22pp	3q	HELD
ISHARES TR PUT	LQD	$131.9M	209,432	2.77%	-0.75pp	6q	-81.2%-$569.8M
BILL HOLDINGS INC		$129.7M	150,078,000	2.72%	+0.16pp	3q	DEBT
ISHARES TR CALL+PUT	IWM	$113.5M	options only	2.38%	+1.86pp	3q	OPTIONS
ISHARES INC CALL+PUT	EWY	$99.1M	options only	2.08%	+1.57pp	5q	OPTIONS
TRIP COM GROUP LTD		$93.6M	95,000,000	1.96%	-0.22pp	4q	DEBT
INVESCO EXCH TRADED FD TR II PUT	BKLN	$86.6M	options only	1.82%	-1.52pp	4q	OPTIONS
ISHARES INC CALL	EWZ	$74.1M	options only	1.55%	-1.85pp	5q	OPTIONS
ETSY INC		$71.0M	77,500,000	1.49%	-	new	DEBT
KYIVSTAR GROUP LTD ORD SHS	KYIV	$64.9M	4,014,331	1.36%	+0.18pp	4q	-27.7%-$24.8M
SHARONAI HOLDINGS INC	SHAZ	$63.4M	749,362	1.33%	+1.28pp	2q	+649.4%+$55.0M
ALPHABET INC	GOOGN	$62.4M	1,245,000	1.31%	-	new	NEW
COREWEAVE INC PUT	CRWV	$59.7M	options only	1.25%	-	new	OPTIONS
KRANESHARES TRUST CALL	KWEB	$54.3M	options only	1.14%	+1.08pp	4q	OPTIONS
INVESCO QQQ TR CALL+PUT	QQQ	$54.1M	options only	1.14%	-0.51pp	6q	OPTIONS
DRAFTKINGS INC NEW		$52.3M	55,999,000	1.10%	-0.39pp	8q	DEBT
ISHARES TR	EMB	$51.7M	536,466	1.09%	+1.07pp	2q	+6647.2%+$51.0M
SHIFT4 PMTS INC		$51.0M	53,398,000	1.07%	+0.17pp	2q	DEBT
AES CORP	AES	$48.7M	3,319,005	1.02%	-2.26pp	2q	-70.0%-$113.5M
ISHARES TR PUT	SOXX	$48.1M	options only	1.01%	-	new	OPTIONS
ALPHABET INC	GOOGM	$42.9M	850,000	0.90%	-	new	NEW
BITDEER TECHNOLOGIES GROUP CALL	BTDR	$40.6M	1,410,000	0.85%	+0.57pp	4q	+22.8%+$7.5M
ROCKET COS INC	RKT	$40.6M	2,575,000	0.85%	+0.78pp	3q	HELD
Super Micro Computer Inc	SMCIP	$38.5M	750,000	0.81%	-	new	NEW
BLUE ACQUISITION CORP. O	BACC	$35.4M	3,342,359	0.74%	+0.02pp	3q	HELD
IREN LIMITED PUT	IREN	$30.9M	75,000	0.65%	+0.49pp	2q	HELD
NEBIUS GROUP N.V. PUT	NBIS	$27.6M	options only	0.58%	-	new	OPTIONS
CHARTER COMMUNICATIONS INC	CHTR	$25.7M	181,029	0.54%	+0.49pp	4q	+1710.3%+$24.3M
BORR DRILLING LTD	BORR	$25.0M	6,050,000	0.52%	-	new	NEW
VIASAT INC	VSAT	$24.4M	272,241	0.51%	-	new	NEW
CELCUITY INC 0.25 08/01/2032		$23.9M	21,000,000	0.50%	-	new	DEBT
SERVICE PPTYS TR	SVC	$22.1M	13,100,000	0.46%	-	new	NEW
ETSY INC		$20.6M	20,222,000	0.43%	-1.37pp	4q	DEBT
SOREN ACQ CRP; TNT ACQ DT: 1/7/2028; CASH: $10.00	SORN	$18.4M	1,850,000	0.39%	flat	2q	HELD
iHeartMedia Inc	IHRT	$17.6M	4,109,524	0.37%	+0.25pp	4q	+119.2%+$9.6M
NEXTNAV INC CALL	NN	$17.3M	569,713	0.36%	+0.19pp	8q	+9.2%+$1.5M
SPACE EXPLORATION TECHN CORP PUT	SPCX	$17.1M	options only	0.36%	-	new	OPTIONS
LAFAYETTE DIGITAL ACQ CRP; TNT ACQ DT: 1/9/2028; CASH: $10.00	ZKP	$16.7M	1,675,000	0.35%	flat	2q	HELD
CCC INTELLIGENT SOLUTIONS HL	CCC	$16.4M	3,182,847	0.34%	-	new	NEW
DAUCH CORP CALL	DCH	$16.3M	1,999,257	0.34%	+0.22pp	5q	HELD
MANCHESTER UTD PLC NEW	MANU	$15.6M	681,402	0.33%	-	new	NEW
ALPHABET INC	GOOGL	$15.6M	43,520	0.33%	-	new	NEW
ISHARES INC PUT	EWT	$14.1M	options only	0.30%	-	new	OPTIONS
WAYFAIR INC		$14.1M	14,095,000	0.30%	flat	14q	DEBT
AMC ENTMT HLDGS INC	AMC	$13.9M	7,306,759	0.29%	-	new	NEW
Rre Ventures Acquisition Cor Unit 04/22/2031	RREVU	$12.0M	1,200,000	0.25%	-	new	NEW
GDS HLDGS LTD	GDS	$10.3M	343,300	0.22%	-	new	NEW
FORTRESS V	FVAV	$10.1M	1,000,000	0.21%	flat	2q	HELD
IRENIC ACQUISITION CORP	IACQ	$10.0M	1,000,000	0.21%	-	new	NEW
AVERIN CAP ACQUISITION CORP	ACAA	$10.0M	1,000,000	0.21%	-	new	NEW
MOUNTAIN LAKE ACQUISIT CORP	MLAA	$9.9M	1,000,000	0.21%	flat	2q	HELD
COMCAST CORP NEW	CMCSA	$9.8M	400,000	0.21%	-	new	NEW
ROKU INC	ROKU	$9.7M	70,000	0.20%	-	new	NEW
NORFOLK SOUTHN CORP	NSC	$9.4M	30,000	0.20%	-0.22pp	4q	-56.6%-$12.3M
CAMBRIDGE ACQUISITION CORP	CAQ	$9.4M	950,000	0.20%	-	new	NEW
BLEICHROEDER ACQUISITI CORP	BBCQ	$9.3M	900,000	0.19%	+0.12pp	2q	+160.0%+$5.7M
DIGITAL RLTY TR INC	DLR	$9.0M	50,000	0.19%	-	new	NEW
ILLUMINATION ACQUISITIO CORP	ILLU	$8.9M	900,000	0.19%	-	new	NEW
Keystone Acquisition Corp	KEYY	$8.9M	900,000	0.19%	-	new	NEW
REVOLUTION MEDICINES INC	RVMD	$8.7M	46,450	0.18%	-	new	NEW
QIAGEN NV	QGEN	$8.7M	222,060	0.18%	-0.01pp	2q	HELD
IRIS ACQUISITION CORP II	IRAB	$8.4M	850,000	0.18%	flat	2q	HELD
Oceanhawk Acquisition Corp	OHAC	$8.4M	850,000	0.18%	-	new	NEW
NEWHOLD INVTS CORP IV	NHIVU	$8.2M	800,000	0.17%	-	new	NEW
FLUTTER ENTMT PLC	FLUT	$8.1M	78,823	0.17%	-	new	NEW
ARCHIMEDES TECH SPAC PTNRS I	ARCI	$8.0M	800,000	0.17%	flat	2q	HELD
MUZERO ACQUISITION CORP	MUZE	$7.9M	800,000	0.17%	flat	2q	HELD
D. BORAL ARC ACQ I CORP.	BCAR	$7.8M	750,000	0.16%	-	new	NEW
STUBHUB HLDGS INC	STUB	$7.5M	585,106	0.16%	-	new	NEW
Abony Acquisition Corp I Unit 01/29/2031	AACOU	$7.5M	750,000	0.16%	flat	2q	HELD
STATE STR SPDR S&P 500 ETF T PUT	SPY	$7.5M	options only	0.16%	+0.07pp	5q	OPTIONS
ART TECHNOLOGY ACQ CRP; TNT ACQ DT: 4/6/2028; CASH: $10.00	ARTC	$7.4M	750,000	0.16%	flat	2q	HELD
Aldabra 4 Liquidity Opportunity Vehicle Inc	ALOV	$7.4M	748,363	0.16%	flat	2q	HELD
ENERGY TRANSITION SPL OPPORT	ETSS	$7.4M	747,500	0.16%	-	new	NEW
ETSY INC		$7.1M	7,500,000	0.15%	-	new	DEBT
Tribeca Strategic Acquisitio Unit 05/22/2031	BIDWU	$7.0M	700,000	0.15%	-	new	NEW
GMR SOLUTIONS INC	GMRS	$7.0M	450,000	0.15%	-	new	NEW
MARVELL TECHNOLOGY INC	MRVL	$6.9M	23,000	0.14%	-	new	NEW
AXIOM INTELLIGENCE AC CORP 1 ORD SH	AXIN	$6.7M	650,000	0.14%	+0.05pp	2q	+44.6%+$2.1M
BLOOM ENERGY CORP CALL	BE	$6.7M	14,925	0.14%	+0.07pp	2q	-41.0%-$4.7M
BAUSCH PLUS LOMB CORP	BLCO	$6.7M	404,279	0.14%	-	new	NEW
ARMADA ACQUISITION CORP III ORD SHS CL A	AACI	$6.5M	650,000	0.14%	flat	2q	HELD
SHOPIFY INC	SHOP	$6.3M	55,000	0.13%	-	new	NEW
CHEMOURS CO	CC	$6.2M	300,000	0.13%	-	new	NEW
RIOT PLATFORMS INC	RIOT	$6.2M	224,830	0.13%	-0.01pp	4q	-30.2%-$2.7M
Mozayyx Acquisition Corp Unit 99/99/9999	MZYXU	$6.0M	600,000	0.13%	flat	2q	HELD
BLACK SPADE ACQUISITION III	BIII	$6.0M	600,000	0.13%	-	new	NEW
M EVO GBL ACQUISITION CORP I	MEVO	$6.0M	600,000	0.12%	flat	2q	HELD
LEGATO MERGER CORP IV	LEGO	$6.0M	600,000	0.12%	flat	2q	HELD
MEDLINE INC	MDLN	$5.9M	150,000	0.12%	-	new	NEW
SPDR SERIES TRUST CALL	XHB	$5.8M	options only	0.12%	-	new	OPTIONS
SANDISK CORP	SNDK	$5.7M	2,500	0.12%	-0.01pp	3q	-75.0%-$17.1M
CIPHER DIGITAL INC	CIFR	$5.7M	232,000	0.12%	-0.05pp	2q	+5.5%+$294.0K
ROUNDHILL ETF TRUST CALL	DRAM	$5.6M	25,800	0.12%	-	new	NEW
FIRSTENERGY CORP		$5.6M	5,000,000	0.12%	-	new	DEBT
MESHFLOW ACQUISITION CORP	MESH	$5.5M	550,000	0.12%	flat	2q	HELD
HUT 8 CORP	HUT	$5.2M	45,000	0.11%	-0.08pp	2q	-50.8%-$5.4M
SPRING VY ACQUISITION CORP I	SVIV	$5.2M	506,018	0.11%	flat	2q	+1.2%+$61.3K
CLOUDFLARE INC	NET	$5.2M	21,000	0.11%	-	new	NEW
COLOMBIER ACQUISITION CORP I	CLBR	$5.1M	500,000	0.11%	-	new	NEW
HENNESSY CAP INVTS CORP VIII	HCIC	$5.1M	515,696	0.11%	flat	2q	HELD
AI INFRASTRUCTURE ACQUISI	AIIA	$5.1M	500,000	0.11%	+0.07pp	2q	+225.0%+$3.5M
TXNM ENERGY INC	TXNM	$5.1M	90,000	0.11%	-	new	NEW
ARES CAPITAL CORP	ARCC	$5.1M	275,000	0.11%	-	new	NEW
ISHARES INC	EWW	$5.0M	67,065	0.11%	-0.01pp	5q	-9.4%-$522.0K
DRUGS MADE IN AMER ACQ II CO	DMII	$5.0M	500,000	0.11%	flat	3q	HELD
EVOLUTION GLOBAL ACQUISITION	EVOX	$5.0M	501,622	0.11%	flat	2q	HELD
TALON CAP CORP O	TLNC	$5.0M	487,324	0.11%	flat	2q	HELD
SC ACQ CRP II; TNT ACQ DT: 5/25/2027; CASH: $10.00	SCII	$5.0M	500,000	0.11%	flat	2q	HELD
NVIDIA CORPORATION	NVDA	$5.0M	25,000	0.10%	-0.26pp	9q	HELD
PATRIOT ACQUISITION CORP	PTACU	$5.0M	500,000	0.10%	-	new	NEW
Wilco 63 Corp	WLCOU	$5.0M	500,000	0.10%	-	new	NEW
IDEA ACQUISITION CORP	IACO	$5.0M	500,000	0.10%	-	new	NEW
AMERICAN DRIVE ACQ CRP; TNT ACQ DT: 12/17/2027; CASH: $10.00	ADAC	$4.8M	483,091	0.10%	flat	2q	HELD
Social Commerce Partners Corp	SCPQ	$4.8M	477,971	0.10%	flat	2q	HELD
FG IMPERII ACQUISITION CORP	FGII	$4.7M	473,433	0.10%	flat	2q	HELD
FMC CORP	FMC	$4.7M	408,097	0.10%	-	new	NEW
INVESCO DB COMMDY INDX TRCK	DBC	$4.7M	175,000	0.10%	-0.19pp	2q	HELD
WEN ACQUISITION CORP	WENN	$4.6M	450,000	0.10%	flat	2q	HELD
SABLE OFFSHORE CORP	SOC	$4.6M	1,501,943	0.10%	-	new	NEW
REPUBLIC DIGITAL ACQUISITION	RDAG	$4.6M	444,102	0.10%	flat	2q	HELD
CRANE HBR ACQUISITION CORP I	CRAN	$4.6M	451,963	0.10%	flat	2q	HELD
COLUMBUS CIRCLE CAP CORP II	IPXG	$4.6M	450,000	0.10%	flat	2q	HELD
CURBLINE PPTYS CORP	CURB	$4.6M	150,000	0.10%	-	new	NEW
ISHARES TR	EWU	$4.6M	98,750	0.10%	-0.77pp	2q	HELD
VERSANT MEDIA GROUP INC	VSNT	$4.5M	125,000	0.09%	-	new	NEW
X3 Acquisition Corp Ltd	XCBE	$4.5M	450,000	0.09%	flat	2q	HELD
SILVERBOX CORP V	SBXE	$4.5M	443,400	0.09%	flat	2q	HELD
Silicon Valley Acquisition Corp	SVAQ	$4.5M	441,739	0.09%	+0.03pp	2q	+50.7%+$1.5M
Xsolla SPAC 1	XSLL	$4.5M	450,000	0.09%	flat	2q	HELD
OTG Acquisition Corp I	OTGA	$4.5M	438,894	0.09%	flat	2q	HELD
VIKING ACQUISITION CORP I O	VACI	$4.4M	428,614	0.09%	+0.07pp	2q	+233.3%+$3.1M
LISTED FDS TR CALL	MAGS	$4.4M	options only	0.09%	-	new	OPTIONS
LIONHEART HOLDINGS SHS CL A	CUB	$4.3M	400,000	0.09%	+0.06pp	2q	+184.3%+$2.8M
GSR V ACQUISITION CORP	GSRVU	$4.3M	426,478	0.09%	-	new	NEW
GIGCAPITAL8 CORP O	GIW	$4.2M	416,416	0.09%	flat	2q	HELD
HARVARD AVE ACQUISITION CORP	HAVA	$4.1M	410,208	0.09%	flat	2q	HELD
UNITED ACQUISITION CORP I	UAC	$4.1M	414,655	0.09%	flat	2q	HELD
SPACE ASSET ACQUISITION CORP	SAAQ	$4.1M	400,000	0.09%	flat	2q	HELD
METALS ACQUISITION CORP II	MTAL	$4.1M	400,000	0.09%	-	new	NEW
Cantor Equity Partners VII Inc	CAES	$4.0M	400,000	0.08%	-	new	NEW
ONEIM ACQU	OIM	$4.0M	400,000	0.08%	flat	2q	HELD
THE CAMPBELLS COMPANY	CPB	$4.0M	180,000	0.08%	-	new	NEW
Spartacus Acquisition Corp II	TMTS	$4.0M	400,000	0.08%	-	new	NEW
KPET ULTRA PACELINE CORP	KPET	$4.0M	400,000	0.08%	-	new	NEW
TRANSLATIONAL DEV ACQUISITIO	TDAC	$4.0M	369,960	0.08%	flat	2q	HELD
DYNAMIX CORP III	DNMX	$3.9M	392,034	0.08%	flat	2q	HELD
DATADOG INC	DDOG	$3.9M	15,000	0.08%	-	new	NEW
KARBON CAP PARTNERS CORP	KBON	$3.9M	386,047	0.08%	flat	2q	HELD
WHITE PEARL ACQUISITION CORP	WPAC	$3.8M	383,451	0.08%	flat	2q	HELD
NEW PROVID	NPAC	$3.8M	366,183	0.08%	flat	2q	HELD
CAESARS ENTERTAINMENT INC NE	CZR	$3.8M	125,000	0.08%	+0.01pp	10q	HELD
CHAMPIONSGATE ACQUISITION CO	CHPG	$3.8M	362,528	0.08%	flat	2q	HELD
K2 CAP ACQUISITION CORP	KTWO	$3.8M	377,226	0.08%	flat	2q	HELD
PLUM ACQUISITION CORP IV	PLMK	$3.7M	350,000	0.08%	flat	2q	HELD
HELIX ACQUISITION CORP III	HLXC	$3.7M	350,000	0.08%	flat	2q	HELD
NOKIA CORP	NOK	$3.7M	280,000	0.08%	-	new	NEW
TERAWULF INC	WULF	$3.7M	150,000	0.08%	-0.08pp	3q	-71.8%-$9.4M
M3-BRIGADE ACQUISITION VI CO ORD SH	MBVI	$3.7M	363,069	0.08%	flat	2q	HELD
COHEN CIRC	CCII	$3.6M	350,000	0.08%	flat	2q	HELD
ENTEGRIS INC	ENTG	$3.6M	20,000	0.08%	-	new	NEW
CALISA ACQUISITION CORP	ALIS	$3.6M	353,786	0.08%	flat	2q	HELD
SIRIUSPOINT LTD	SPNT	$3.6M	149,128	0.08%	-	new	NEW
CSLM DIGIT	KOYN	$3.5M	350,000	0.07%	flat	2q	HELD
ARM HOLDINGS PLC	ARM	$3.5M	10,000	0.07%	+0.04pp	2q	HELD
LAFAYETTE	LAFA	$3.5M	350,000	0.07%	flat	2q	HELD
SPACSphere Acquisition Corp	SSAC	$3.5M	350,000	0.07%	-	new	NEW
GigCapital9 Corp	GIX	$3.5M	350,000	0.07%	flat	2q	HELD
Praetorian Acquisition Corp	PTOR	$3.5M	350,000	0.07%	flat	2q	HELD
BLUE WTR ACQUISITION CORP IV	BWIV	$3.5M	350,000	0.07%	-	new	NEW
MICRON TECHNOLOGY INC	MU	$3.5M	3,000	0.07%	-	new	NEW
APPLIED MATLS INC	AMAT	$3.5M	4,777	0.07%	-	new	NEW
APEX TREAS	APXT	$3.4M	342,422	0.07%	flat	2q	HELD
VINE HILL CAP INVTS CORP II	VHCP	$3.4M	342,825	0.07%	flat	2q	HELD
STELLAR V	SVCC	$3.4M	322,958	0.07%	flat	2q	HELD
LEAPFROG ACQUISITION CORP	LFAC	$3.4M	336,813	0.07%	flat	2q	HELD
PROCAP ACQUISITION CORP	PCAP	$3.3M	323,751	0.07%	flat	2q	HELD
ORIGIN INVT CORP I	ORIQ	$3.2M	313,800	0.07%	flat	2q	HELD
EQT Corp	EQT	$3.2M	60,000	0.07%	-0.01pp	8q	HELD
CAL REDWOOD ACQUISITION COR	CRAQ	$3.1M	304,000	0.07%	flat	2q	HELD
CANTOR EQUITY PARTNERS VI IN	CEPS	$3.1M	300,000	0.07%	flat	2q	HELD
COGENT BIOSCIENCES INC	COGT	$3.1M	80,000	0.06%	flat	3q	HELD
Solarius Capital Acquisition Corp	SOCA	$3.1M	300,000	0.06%	flat	2q	HELD
Willow Lane Acquisition Corp II	WLII	$3.1M	300,000	0.06%	-	new	NEW
BERTO ACQUISITION CORP II	GUACU	$3.0M	300,000	0.06%	-	new	NEW
Ares Acquisition Corp Iii Unit 99/99/9999	AACU	$3.0M	300,000	0.06%	-	new	NEW
HCM IV ACQUISITION CORP	HACQ	$3.0M	300,000	0.06%	-	new	NEW
TWELVE SEAS ACQ CRP III; TNT ACQ DT: 12/12/2027; CASH: $10.00	TWLV	$3.0M	301,000	0.06%	flat	2q	HELD
LAUNCHPAD CADENZA ACQU CORP	LPCV	$3.0M	300,000	0.06%	flat	2q	HELD
COLLECTIVE ACQ CRP II; TNT ACQ DT: 10/29/2027; CASH: $10.05	CAII	$3.0M	300,000	0.06%	-	new	NEW
TRAILBLAZER ACQUISITION CORP ORD SH	BLZR	$3.0M	293,300	0.06%	flat	3q	HELD
KEEL INFRASTRUCTURE CORP	KEEL	$2.9M	498,645	0.06%	-	new	NEW
CHURCHILL CAP CORP XII	CXIIU	$2.8M	259,292	0.06%	-	new	NEW
FERRARI N V	RACE	$2.8M	7,500	0.06%	-	new	NEW
GALAXY DIGITAL INC.	GLXY	$2.8M	101,362	0.06%	-	new	NEW
EVERPURE INC	P	$2.8M	35,000	0.06%	+0.03pp	2q	+40.0%+$787.9K
QUANTUM CORP CALL	QUTX	$2.8M	150,000	0.06%	+0.05pp	2q	+114.0%+$1.5M
OKTA INC	OKTA	$2.7M	20,000	0.06%	-	new	NEW
CREDO TECHNOLOGY GROUP HOLDI	CRDO	$2.7M	10,000	0.06%	-	new	NEW
Tailwind 2.0 Acquisition Corp	TDWD	$2.7M	268,100	0.06%	flat	2q	HELD
ISHARES SILVER TR CALL	SLV	$2.7M	options only	0.06%	-	new	OPTIONS
DIGITAL ASSET ACQUISITION CO	DAAQ	$2.7M	255,300	0.06%	flat	2q	HELD
BTC DEV CORP O	BDCI	$2.6M	262,494	0.06%	flat	2q	HELD
CO2 Energy Transition Corp	NOEM	$2.6M	252,019	0.06%	flat	2q	HELD
RICE ACQUISITION CORP 3	KRSP	$2.6M	250,000	0.06%	flat	2q	HELD
JENA ACQUI	JENA	$2.6M	251,916	0.05%	flat	2q	HELD
SNOWFLAKE INC	SNOW	$2.5M	10,000	0.05%	-	new	NEW
GSR IV ACQUISITION CORP C	GSRF	$2.5M	250,000	0.05%	flat	2q	HELD
T MOBILE US INC	TMUS	$2.5M	15,000	0.05%	-	new	NEW
HERTZ GLOBAL HLDGS INC	HTZ	$2.5M	1,106,956	0.05%	flat	4q	+98.8%+$1.2M
THERMO FISHER SCIENTIFIC INC	TMO	$2.5M	5,000	0.05%	-	new	NEW
D BORAL ACQUISITION I CORP	DBCA	$2.5M	250,000	0.05%	flat	2q	HELD
FOREFRONT TECHNOLOGY HOLDING	FTHA	$2.5M	250,000	0.05%	-	new	NEW
DOORDASH INC		$2.5M	2,500,000	0.05%	-	new	DEBT
Iron Horse Acquisition II Corp	IRHO	$2.4M	244,139	0.05%	flat	2q	HELD
ACTIVATE ENERGY ACQUISIT COR	AEAQ	$2.4M	242,419	0.05%	flat	2q	HELD
CHENGHE ACQUISITION III CO	CHEC	$2.4M	236,300	0.05%	flat	2q	HELD
IONQ INC PUT	IONQ	$2.4M	options only	0.05%	-	new	OPTIONS
MCKINLEY A	MKLY	$2.4M	232,800	0.05%	flat	2q	HELD
DAEDALUS SPL ACQUISITION COR	DSAC	$2.3M	230,538	0.05%	flat	2q	HELD
ITHAX ACQ CRP III; TNT ACQ DT: 12/12/2027; CASH: $10.00	ITHA	$2.3M	231,465	0.05%	flat	2q	HELD
CLEANSPARK INC	CLSK	$2.3M	157,616	0.05%	-	new	NEW
GENERAL PURPOSE ACQ CRP; TNT ACQ DT: 12/04/2027; CASH: $10.00	GPAC	$2.3M	227,723	0.05%	flat	2q	HELD
Infinite Eagle Acquisition Corp	IEAG	$2.3M	225,000	0.05%	flat	2q	HELD
FORTUNEX ACQUISITION CORP	FXACU	$2.3M	225,000	0.05%	-	new	NEW
Insight Digital Partners II	DYOR	$2.2M	223,070	0.05%	flat	2q	HELD
APPLIED OPTOELECTRONICS INC	AAOI	$2.2M	15,000	0.05%	-	new	NEW
SILICON LABORATORIES INC	SLAB	$2.2M	10,059	0.05%	-0.72pp	2q	-94.3%-$36.1M
JACKSON ACQUISITION CO II COM SHS CL A	JACS	$2.2M	206,468	0.05%	flat	2q	HELD
NEWHOLD INVT CORP III	NHIC	$2.2M	198,304	0.05%	-0.02pp	2q	-32.1%-$1.0M
ROMAN DBDR ACQUISITION CORP	DRDB	$2.1M	200,000	0.04%	flat	2q	HELD
TEXAS INSTRS INC	TXN	$2.1M	7,000	0.04%	-	new	NEW
LIGHTWAVE	LWAC	$2.0M	199,100	0.04%	flat	2q	HELD
TIMKEN CO	TKR	$2.0M	14,000	0.04%	+0.01pp	5q	HELD
NEW AMER ACQUISITION I CORP COM	NWAX	$2.0M	200,000	0.04%	flat	2q	HELD
SILVER PEG	SPEG	$2.0M	197,613	0.04%	flat	2q	HELD
CROWN RESV ACQUISITION CORP	CRAC	$2.0M	200,000	0.04%	flat	2q	HELD
General Catalyst Global Resilience Merger Corp	GCGR	$2.0M	200,000	0.04%	-	new	NEW
OXLEY BRID	OBA	$2.0M	194,599	0.04%	flat	2q	HELD
PETROLEO BRASILEIRO S A	PBR	$1.9M	120,000	0.04%	+0.01pp	2q	+100.0%+$969.6K
EQV VENTURES AC CORP. II O	EVAC	$1.9M	187,616	0.04%	flat	2q	HELD
GLOBALFOUNDRIES INC	GFS	$1.9M	22,980	0.04%	-	new	NEW
Thayer Ventures Acquisition Corp II	TVAI	$1.9M	182,437	0.04%	flat	2q	HELD
GESHER ACQ	GSHR	$1.8M	174,729	0.04%	flat	2q	HELD
KOCHAV DEFENSE ACQUI CO	KCHV	$1.8M	175,122	0.04%	flat	2q	HELD
ARTIUS II ACQUISITION INC	AACB	$1.8M	172,874	0.04%	flat	2q	HELD
NEWBURY STR II ACQUISITION COR ORD SHS CL A	NTWO	$1.8M	167,796	0.04%	flat	2q	HELD
OYSTER ENTERPRISES II ACQUIS ORD SH	OYSE	$1.8M	173,344	0.04%	flat	2q	HELD
ALPHABET INC	GOOG	$1.8M	5,000	0.04%	-	new	NEW
SOUTHERN COPPER CORP	SCCO	$1.8M	10,100	0.04%	-	new	NEW
FUTUREWAVE ACQUISITION CORP	FWACU	$1.8M	175,000	0.04%	-	new	NEW
BERTO ACQUISITION CORP	TACO	$1.7M	165,606	0.04%	flat	2q	HELD
DRUGS MADE IN AMER ACQUTN CO	DMAA	$1.7M	162,795	0.04%	flat	2q	HELD
STARLINK AI ACQUISITION CORP	OTAI	$1.7M	170,978	0.04%	-	new	NEW
ISHARES TR	IGSB	$1.7M	32,114	0.04%	-1.35pp	5q	-97.4%-$64.1M
HALL CHADWICK ACQUISITION CO	HCAC	$1.7M	166,460	0.04%	flat	2q	HELD
GORES HLDGS X INC	GTEN	$1.7M	159,265	0.03%	flat	2q	HELD
1RT ACQUIS	ONCH	$1.7M	161,200	0.03%	flat	2q	HELD
INDIGO ACQ	INAC	$1.6M	158,059	0.03%	flat	2q	HELD
ALUSSA ENERGY ACQUISIT CORP	ALUB	$1.6M	160,904	0.03%	flat	2q	HELD
DUNEACQUISITIONCORPII	CCAQ	$1.6M	154,162	0.03%	flat	2q	HELD
HIGHVIEW MERGER CORP O	HVMC	$1.6M	156,076	0.03%	flat	2q	HELD
PYROPHYTE ACQUISITION CORP.	PAII	$1.5M	151,757	0.03%	flat	2q	HELD
FUTURECREST ACQUISITION CORP CL A O	FCRS	$1.5M	150,000	0.03%	flat	3q	HELD
EQV VENTURES AC CORP. II	EVACU	$1.5M	150,000	0.03%	flat	4q	HELD
SAFEGUARD ACQUISITION CORP	SAC	$1.5M	150,000	0.03%	flat	2q	HELD
BLUEROCK ACQ CRP; TNT ACQ DT: 12/11/2027; CASH: $10.00	BLRK	$1.5M	150,000	0.03%	flat	2q	HELD
GALATA ACQ	LATA	$1.4M	141,207	0.03%	flat	2q	HELD
RITHM ACQUISITION CORP	RAC	$1.4M	136,178	0.03%	flat	2q	HELD
ECOPETROL S A	EC	$1.4M	100,000	0.03%	flat	6q	HELD
COPLEYACQUISITIONCORP	COPL	$1.4M	135,811	0.03%	flat	2q	HELD
BLUEPORT ACQUISITION LTD	BPAC	$1.4M	135,098	0.03%	flat	2q	HELD
TGE VALUE CREATIVE SOLUTIONS	BEBE	$1.3M	134,076	0.03%	flat	2q	HELD
ALVOTECH ORDINARY SHARES	ALVO	$1.3M	360,000	0.03%	-	new	NEW
RAMBUS INC DEL	RMBS	$1.3M	10,000	0.03%	-	new	NEW
BITCOIN IN	BIXI	$1.3M	131,846	0.03%	flat	2q	HELD
SIDDHI ACQUISITION CORP C	SDHI	$1.3M	125,998	0.03%	flat	2q	HELD
INVEST GREEN ACQUISITION COR CL A O	IGAC	$1.3M	131,000	0.03%	flat	2q	HELD
SENSIENT TECHNOLOGIES CORP	SXT	$1.2M	10,000	0.03%	-	new	NEW
ULTRA CLEAN HLDGS INC	UCTT	$1.2M	8,548	0.03%	-	new	NEW
STARRY SEA ACQUISITION CORP	SSEA	$1.2M	118,403	0.03%	flat	2q	HELD
KRAKACQUISITION CORPORATION	KRAQ	$1.2M	119,121	0.02%	flat	2q	HELD
StoneBridge Acquisition II Corp	APAC	$1.2M	117,096	0.02%	flat	2q	HELD
TECK RESOURCES LTD	TECK	$1.2M	20,000	0.02%	flat	2q	HELD
MILUNA ACQUISITION CORP	MMTX	$1.2M	117,608	0.02%	flat	2q	HELD
NMP Acquisition Corp	NMP	$1.1M	111,700	0.02%	flat	2q	HELD
AGRICULTURE & NAT SOL ACQ CO	ANSC	$1.1M	100,000	0.02%	flat	2q	HELD
WESTIN ACQUISITION CORP	WSTN	$1.1M	113,100	0.02%	flat	2q	HELD
K&F GROWTH ACQUISITION CORP	KFII	$1.1M	107,873	0.02%	flat	2q	HELD
Pioneer Acquisition I Corp	PACH	$1.1M	111,059	0.02%	flat	2q	HELD
CONCENTRIX CORP PUT	CNXC	$1.1M	options only	0.02%	-0.01pp	2q	OPTIONS
RANGE CAP ACQUISITION CORP I CL A O	RNGT	$1.1M	109,609	0.02%	flat	2q	HELD
FIGX CAP A	FIGX	$1.1M	107,945	0.02%	flat	2q	HELD
VISTA ENERGY S.A.B. DE C.V.	VIST	$1.1M	17,000	0.02%	flat	2q	HELD
CHARLTONARIAACQUISITIONCO	CHAR	$1.1M	100,000	0.02%	flat	2q	HELD
LAUNCH TWO ACQUISITION CORP.	LPBB	$1.1M	100,000	0.02%	flat	2q	HELD
BOLD EAGLE ACQUISITION CORP CL A	BEAG	$1.1M	99,164	0.02%	flat	2q	+5.7%+$57.4K
BAIN CAP GSS INVT CORP	BCSS	$1.1M	102,723	0.02%	flat	2q	HELD
INNIO NV	INIO	$1.0M	26,514	0.02%	-	new	NEW
SIZZLE ACQUISITION CORP. II	SZZL	$1.0M	101,170	0.02%	flat	2q	HELD
LAKESHORE ACQUISITION III CO	LCCC	$1.0M	100,000	0.02%	flat	2q	HELD
Titan Acquisition Corp	TACH	$1.0M	100,000	0.02%	flat	2q	HELD
CANTOR EQU	CEPF	$1.0M	100,000	0.02%	flat	4q	HELD
IHS HOLDING LIMITED	IHS	$1.0M	125,000	0.02%	-0.13pp	17q	-86.1%-$6.4M
VENDOME ACQUISITION CORP I C	VNME	$1.0M	100,000	0.02%	flat	2q	HELD
AA MISSION ACQUISITION CORP O	YCY	$1.0M	100,147	0.02%	flat	2q	HELD
EMMIS ACQUISITION CORP.	EMIS	$1.0M	100,000	0.02%	flat	2q	HELD
SPDR SERIES TRUST	JNK	$915.9K	9,504	0.02%	-0.15pp	2q	-88.7%-$7.2M
LAKE SUPERIOR ACQUISITION CO	LKSP	$900.3K	88,790	0.02%	flat	2q	HELD
VANGUARD SCOTTSDALE FDS	VCIT	$899.6K	10,885	0.02%	-1.21pp	2q	-98.4%-$57.1M
PERIMETER ACQUISITION CORP I COM C	PMTR	$864.8K	82,991	0.02%	flat	2q	HELD
BLUE WTR ACQUISITION CORP. I ORD SH	BLUW	$807.9K	78,209	0.02%	flat	2q	HELD
NORWEGIAN CRUISE LINE HLDGS	NCLH	$692.4K	32,800	0.01%	-	new	NEW
TREKOR METALS LTD	TGB	$688.0K	100,000	0.01%	-	new	NEW
TERRESTRIAL ENERGY INC	IMSR	$605.8K	85,566	0.01%	flat	3q	HELD
ALDEL FINL II INC CL A	ALDF	$598.0K	55,971	0.01%	flat	2q	HELD
HCM III ACQUISITION CORP	HCMAU	$522.0K	50,000	0.01%	flat	4q	HELD
INNOVIZ TECHNOLOGIES LTD	INVZ	$378.0K	496,550	0.01%	flat	4q	-0.7%-$2.6K
MACERICH CO	MAC	$377.9K	15,000	0.01%	-	new	NEW
PEABODY ENERGY CORP	BTU	$352.6K	15,250	0.01%	-	new	NEW
Futurecorp Space Acquisition Unit 99/99/9999	FTRAU	$334.5K	33,025	0.01%	-	new	NEW
AEVA TECHNOLOGIES INC	AEVA	$287.2K	10,000	0.01%	-0.01pp	2q	-86.7%-$1.9M
M3-Brigade Acquisition Vi Co Unit 08/18/2030	MBVIU	$256.2K	25,000	0.01%	flat	4q	HELD
OKLO INC	OKLO	$240.7K	4,600	0.01%	flat	3q	HELD
Gigcapital9 Corp Right 12/01/2030	GIXXR	$234.0K	900,000	0.00%	flat	2q	+157.1%+$143.0K
Oceanhawk Acquisition Corp Right 05/19/2031	OHACR	$221.0K	850,000	0.00%	-	new	NEW
KENSINGTON CP A VI CL 1 EQY WARRANTS	KCACWS	$215.2K	175,000	0.00%	-	new	NEW
Keystone Acquisition Corp	KEYYW	$198.0K	450,000	0.00%	-	new	NEW
Columbus Circle Capital Corp II	IPXGW	$198.0K	149,998	0.00%	flat	2q	HELD
TH INTERNATIONAL LIMITED	THCH	$191.0K	100,000	0.00%	flat	6q	HELD
RENATUS TACTICAL ACQUIS SHS CL A	RTAC	$188.8K	18,014	0.00%	-	new	NEW
Irenic Acquisition Corp	IACQW	$183.3K	333,332	0.00%	-	new	NEW
Soren Acquisition Corp	SORNW	$177.6K	616,665	0.00%	flat	2q	HELD
Kyivstar Group Ltd	KYIVW	$162.2K	25,000	0.00%	flat	4q	HELD
Lafayette Digital Acquisition Corp I	ZKPW	$150.8K	418,749	0.00%	flat	2q	HELD
ARCHIMEDES TECH SPAC PTNRS I	ARCIW	$150.0K	200,000	0.00%	flat	2q	HELD
ILLUMINATION ACQUISITIO CORP	ILLUW	$146.7K	299,998	0.00%	-	new	NEW
MOUNTAIN LAKE ACQUISIT CORP	MLAAW	$135.1K	500,000	0.00%	flat	2q	HELD
MUZERO ACQUISITION EQY WARRANT	MUZEW	$124.0K	400,000	0.00%	flat	2q	HELD
Ai Infrastructure Acquisi Right 99/99/9999	AIIART	$123.6K	588,764	0.00%	-	new	NEW
Silicon Valley Acquisition Corp	SVAQW	$120.2K	146,565	0.00%	flat	2q	HELD
ALDABRA 4 LQDTY OPTY VH EQY WARRANTS	ALOVW	$119.7K	249,453	0.00%	flat	2q	HELD
United Acquisition Corp I	UACWS	$115.1K	103,663	0.00%	flat	2q	HELD
M Evo Global Acquisition Corp II	MEVOW	$111.3K	300,000	0.00%	flat	2q	HELD
WHITE PEARL ACQUISITION CORP	WPACRT	$110.5K	392,944	0.00%	flat	2q	+2.5%+$2.7K
AVERIN CAP ACQUISITION CORP	ACAAW	$107.4K	166,666	0.00%	-	new	NEW
ARMADA ACQUISITION III EQY WARRANT	AACIW	$107.2K	325,000	0.00%	flat	2q	HELD
Iris Acquisition Corp II	IRABWS	$106.2K	425,000	0.00%	flat	2q	HELD
SPACE ASSET ACQUISITION EQY WARRANTS	SAAQW	$105.1K	113,076	0.00%	flat	2q	-15.2%-$18.8K
Spring Valley Acquisition Corp IV	SVIVW	$103.2K	108,612	0.00%	flat	2q	-13.1%-$15.6K
K2 CAP ACQUISITION CORP	KTWOR	$99.5K	452,226	0.00%	flat	2q	+19.9%+$16.5K
CAMBRIDGE ACQUISITION EQY WARRANTS	CAQUW	$95.0K	316,665	0.00%	-	new	NEW
Kochav Defense Acqui Co Right 05/21/2030	KCHVR	$90.9K	450,000	0.00%	-	new	NEW
LEGATO MERGER IV EQY WARRANT	LEGOWS	$88.0K	199,998	0.00%	flat	2q	HELD
Hennessy Capital Investment Corp. VIII	HCICR	$83.0K	515,696	0.00%	-	new	NEW
BLACK SPADE ACQUISITION III	BIIIWS	$80.0K	199,997	0.00%	-	new	NEW
American Drive Acquisition Co	ADACW	$76.0K	133,331	0.00%	flat	2q	HELD
Sizzle Acquisition Corp. Ii Right 04/02/2030	SZZLR	$74.5K	458,229	0.00%	-	new	NEW
Social Commerce Partners Corp	SCPQW	$73.3K	165,748	0.00%	flat	2q	HELD
SPARTACUS ACQUISITON II EQY WARRANTS	TMTSW	$72.0K	133,332	0.00%	-	new	NEW
FG Imperii Acquisition Corp	FGIIW	$71.3K	236,715	0.00%	flat	2q	HELD
SilverBox Corp V	SBXEWS	$70.9K	147,797	0.00%	flat	2q	HELD
ART TECHNOLOGY ACQUISITION C	ARTCW	$69.4K	187,500	0.00%	flat	2q	HELD
FOREFRONT TECHNOLOGY HOLDING	FTHAW	$68.1K	125,000	0.00%	-	new	NEW
WILLOW LANE ACQUSTON II EQY WARRANTS	WLIIW	$66.8K	75,000	0.00%	-	new	NEW
X3 Acquisition Corp Ltd	XCBEW	$63.5K	225,000	0.00%	flat	2q	HELD
New America Acquisition I Corp	NWAXWS	$59.8K	100,000	0.00%	flat	2q	HELD
Blue Water Acquisition Corp IV	BWIVWS	$59.5K	175,000	0.00%	-	new	NEW
IDEA ACQUISITION EQY WARRANTS	IACOW	$56.7K	166,665	0.00%	-	new	NEW
ONEIM ACQUISITION CORP	OIMAW	$56.7K	66,666	0.00%	flat	2q	HELD
HARVARD AVE ACQUISITION CORP	HAVAR	$55.9K	349,600	0.00%	-	new	NEW
MESHFLOW ACQUISITION CO-CL A WRNT 9/16/2030	MESHW	$55.0K	183,331	0.00%	flat	2q	HELD
Xsolla SPAC 1	XSLLW	$54.0K	225,000	0.00%	flat	2q	HELD
SPACSphere Acquisition Corp	SSACR	$52.5K	350,000	0.00%	-	new	NEW
Oyster Enterprises Ii Acquis Right 05/22/2030	OYSER	$49.5K	450,000	0.00%	-	new	NEW
Vine Hill Capital Investment Corp II	VHCPW	$49.0K	104,260	0.00%	flat	2q	HELD
GENERAL CATALYST GBL RESIL M	GCGRW	$47.5K	50,000	0.00%	-	new	NEW
Praetorian Acquisition Corp	PTORW	$46.2K	116,667	0.00%	flat	2q	HELD
Emmis Acquisition Corp. Right 09/12/2030	EMISR	$45.0K	300,000	0.00%	-	new	NEW
Drugs Made In Amer Acq Ii Co Right 09/16/2030	DMIIR	$44.0K	550,000	0.00%	flat	3q	+83.3%+$20.0K
Infinite Eagle Acquisition C Right 01/13/2031	IEAGR	$43.9K	225,000	0.00%	flat	2q	HELD
KPET ULTRA PACELINE CORP	KPETWS	$42.0K	66,666	0.00%	-	new	NEW
COLLECTIVE ACQUISITION CORP	CAIIW	$41.2K	150,000	0.00%	-	new	NEW
HCM IV ACQUISITION CORP	HACQW	$40.5K	75,000	0.00%	-	new	NEW
IRON HORSE ACQUISIT II CORP	IRHOR	$39.3K	244,139	0.00%	flat	2q	HELD
STARLINK AI ACQUISITION CORP	OTAIRT	$37.6K	170,978	0.00%	-	new	NEW
Launchpad Cadenza Acquisition Corp I	LPCVW	$35.0K	99,997	0.00%	flat	2q	HELD
TGE Value Creative Solutions Corp	BEBEWS	$26.1K	67,037	0.00%	flat	2q	HELD
General Purpose Acquisition Corp	GPACW	$26.0K	100,000	0.00%	flat	2q	HELD
Activate Energy Acquisition Corp	AEAQW	$23.7K	75,000	0.00%	flat	2q	HELD
Bluerock Acquisition Corp	BLRKW	$22.5K	49,997	0.00%	flat	2q	HELD
Tailwind 2.0 Acquisition Corp	TDWDR	$17.9K	143,200	0.00%	-	new	NEW
SPACSphere Acquisition Corp	SSACW	$16.6K	175,000	0.00%	-	new	NEW
Bitcoin Infrastructure Acquisition Corp Ltd	BIXIW	$15.8K	50,000	0.00%	flat	2q	HELD
DAEDALUS SPECIAL ACQUIS-CL A WRNT 9/17/2030	DSACW	$15.0K	25,000	0.00%	flat	2q	HELD

Showing the largest 400 of 409 positions.

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Sector	Value	Share
Holding & Investment	$639.2M	13.4%
Telecom & Media	$486.1M	10.2%
Software & IT Services	$369.5M	7.8%
Banks & Lending	$140.6M	3.0%
Other sectors	$387.5M	8.1%
Not classified	$2.7B	57.5%

What the disclosed book did

This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.

Quarter	Book	Market	Difference	Priced
Q1 2023	+3.9%	+7.0%	-3.1%	94%
Q4 2022	+2.1%	+7.1%	-5.0%	89%
Q3 2022	+0.8%	-5.3%	+6.1%	96%
Q2 2022	-1.8%	-16.5%	+14.7%	81%

Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q2 2026	$4.8B	409	143	26	26	63	46.9%	45
Q1 2026	$4.7B	329	256	19	23	61	53.8%	45
Q4 2025	$4.4B	134	50	27	23	58	48.8%	48
Q3 2025	$4.1B	142	69	17	21	37	47.0%	45
Q2 2025	$3.6B	110	53	23	17	40	50.5%	45
Q1 2025	$3.3B	97	44	19	19	34	55.2%	45
Q4 2024	$2.5B	87	32	17	11	40	45.9%	45
Q3 2024	$4.4B	95	46	16	13	20	61.8%	45
Q2 2024	$3.2B	69	25	17	9	26	69.6%	45
Q1 2024	$3.0B	70	31	16	7	15	70.2%	51
Q4 2023	$3.1B	54	21	10	12	86	84.6%	44
Q3 2023	$2.4B	119	16	90	7	42	88.3%	45
Q2 2023	$482.4M	145	15	21	11	32	47.3%	42
Q1 2023	$465.0M	162	30	12	9	142	56.8%	45
Q4 2022	$347.3M	274	30	5	4	83	79.8%	44
Q3 2022	$168.5M	327	26	9	3	32	51.0%	45
Q2 2022	$102.8M	333	107	5	7	25	33.1%	46
Q1 2022	$175.1M	251	17	18	4	113	24.4%	43
Q4 2021	$190.1M	347	0	0	0	0	41.6%	42

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.