Linden Advisors Lp
Institutional manager — quarterly 13F holdings, Q ending 2026-03-31
Reported value
$17.86B
Q ending 2026-03-31
Prior quarter
$16.24B
Q ending 2025-12-31
Change
+10.0% QoQ · +21.1% YoY
Positions
563
reported holdings
Largest positions
Top 100 of 563 reported positions by value, Q ending 2026-03-31. A manager can hold shares, calls and puts on the same security at once — such positions are listed as separate rows. Type: Shares = common stock, Put/Call = option positions (valued at the underlying), Principal = debt. Tickers link to stock pages where covered.
| Holding | Ticker | Type | Value ▼ | Shares |
|---|---|---|---|---|
| Lumentum Holdings Inc 0.5 06/15/20 | LITE 0.5 06/15/28 | Principal | $1.51B | 281.4M |
| Lumentum Holdings Inc 1.5 12/15/20 | LITE 1.5 12/15/29 | Principal | $944.3M | 93.6M |
| Lumentum Holdings Inc 0.5 12/15/20 | LITE 0.5 12/15/26 | Principal | $595.4M | 84.3M |
| Centrus Energy Corp 2.25 11/01/203 | LEU 2.25 11/01/30 | Principal | $488.6M | 239.9M |
| Applied Digital Corp 2.75 06/01/20 | APLD 2.75 06/01/30 | Principal | $346.5M | 130.5M |
| Mks Inc 1.25 06/01/2030 | MKSI 1.25 06/01/30 | Principal | $329.8M | 198.9M |
| Sphere Entertainment Co 3.5 12/01/ | SPHR 3.5 12/01/28 | Principal | $281.2M | 83.5M |
| Unity Software Inc 0 03/15/2030 | U 0 03/15/30 | Principal | $275.9M | 275.6M |
| Bridgebio Pharma Inc 2.25 02/01/20 | BBIO 2.25 02/01/29 | Principal | $268.5M | 239.0M |
| Liberty Media Corp 3.75 03/15/2028 | SIRI 3.75 03/15/28 | Principal | $257.9M | 249.4M |
| Strategy Inc Note 12/0 | MSTR 0 12/01/29 | Principal | $244.7M | 293.1M |
| Integer Holdings Corp 1.875 03/15/ | ITGR 1.875 03/15/30 | Principal | $243.7M | 253.8M |
| Affirm Holdings Inc 0.75 12/15/202 | AFRM 0.75 12/15/29 | Principal | $242.7M | 259.6M |
| Solaris Energy Infrastru 0.25 10/0 | SEI 0.25 10/01/31 | Principal | $242.4M | 193.8M |
| Vishay Intertechnology 2.25 09/15/ | VSH 2.25 09/15/30 | Principal | $227.5M | 236.6M |
| Celcuity Inc 2.75 08/01/2031 | CELC 2.75 08/01/31 | Principal | $226.4M | 92.7M |
| Bridgebio Pharma Inc 1.75 03/01/20 | BBIO 1.75 03/01/31 | Principal | $225.4M | 132.7M |
| Strategy Inc Note 0.625 3/1 | MSTR 0.625 03/15/30 | Principal | $210.2M | 182.4M |
| Sunrun Inc 4 03/01/2030 144A | RUN 4 03/01/30 | Principal | $205.8M | 172.6M |
| Ascendis Pharma A/S 2.25 04/01/202 | ASND 2.25 04/01/28 | Principal | $205.5M | 139.6M |
| Bill Holdings Inc 0 04/01/2030 144 | BILL 0 04/01/30 | Principal | $199.2M | 223.6M |
| Guardant Health Inc 1.25 02/15/203 | GH 1.25 02/15/31 | Principal | $194.9M | 115.8M |
| Silvercorp Metals Inc 4.75 12/15/2 | SVMCN 4.75 12/15/29 | Principal | $192.3M | 74.8M |
| Peloton Interactive Inc 5.5 12/01/ | PTON 5.5 12/01/29 | Principal | $187.4M | 139.6M |
| Cleanspark Inc 0 06/15/2030 144A | CLSK 0 06/15/30 | Principal | $186.2M | 191.5M |
| Haemonetics Corp 2.5 06/01/2029 | HAE 2.5 06/01/29 | Principal | $180.5M | 189.4M |
| Fastly Inc 7.75 06/01/2028 | FSLY 7.75 06/01/28 | Principal | $175.2M | 94.0M |
| Osi Systems Inc 2.25 08/01/2029 | OSIS 2.25 08/01/29 | Principal | $175.0M | 114.0M |
| Aerovironment Inc 0 07/15/2030 | AVAV 0 07/15/30 | Principal | $174.4M | 177.4M |
| Upstart Holdings Inc 2 10/01/2029 | UPST 2 10/01/29 | Principal | $173.2M | 176.6M |
| Solar Edge Technologies 2.25 07/01 | SEDG 2.25 07/01/29 | Principal | $171.0M | 99.5M |
| Strategy Inc 0 03/01/2030 | MSTR 0 03/01/30 | Principal | $167.5M | 192.2M |
| Jazz Investments I Ltd 3.125 09/15 | JAZZ 3.125 09/15/30 | Principal | $163.7M | 115.5M |
| Collegium Pharma Inc 2.875 02/15/2 | COLL 2.875 02/15/29 | Principal | $157.7M | 135.7M |
| Stride Inc 1.125 09/01/2027 | LRN 1.125 09/01/27 | Principal | $144.9M | 84.0M |
| Riot Platforms Inc 0.75 01/15/2030 | RIOT 0.75 01/15/30 | Principal | $143.6M | 124.4M |
| Progress Software Corp 3.5 03/01/2 | PRGS 3.5 03/01/30 | Principal | $135.7M | 152.3M |
| Cipher Mining 1.75 05/15/2030 | CIFR 1.75 05/15/30 | Principal | $135.6M | 44.0M |
| Conmed Corp 2.25 06/15/2027 | CNMD 2.25 06/15/27 | Principal | $135.2M | 139.2M |
| Fortuna Mining Corp 3.75 06/30/202 | FVICN 3.75 06/30/29 | Principal | $134.5M | 77.4M |
| Strategy Inc 0.875 03/15/2031 | MSTR 0.875 03/15/31 | Principal | $127.9M | 132.6M |
| Travere Therapeutics Inc 2.25 03/0 | TVTX 2.25 03/01/29 | Principal | $127.9M | 101.1M |
| Strategy Inc Note 2.250 6/1 | MSTR 2.25 06/15/32 | Principal | $126.1M | 123.0M |
| Advanced Energy Ind 2.5 09/15/2028 | AEIS 2.5 09/15/28 | Principal | $121.5M | 50.5M |
| Veeco Instruments Inc 2.875 06/01/ | VECO 2.875 06/01/29 | Principal | $120.4M | 86.8M |
| Iren Ltd 3.25 06/15/2030 | IREN 3.25 06/15/30 | Principal | $118.2M | 51.8M |
| Pacira Biosciences Inc 2.125 05/15 | PCRX 2.125 05/15/29 | Principal | $117.8M | 121.5M |
| Solaris Energy Infrastru 4.75 05/0 | SEI 4.75 05/01/30 | Principal | $115.3M | 48.7M |
| Nextera Energy Inc | NEE 7.375 02/15/29 | Shares | $110.6M | 2.2M |
| Mcewen Mining Inc 5.25 08/15/2030 | MUX 5.25 08/15/30 | Principal | $110.4M | 52.5M |
| Livanova Plc 2.5 03/15/2029 | LIVN 2.5 03/15/29 | Principal | $106.2M | 91.0M |
| Cogent Biosciences Inc 1.625 11/15 | COGT 1.625 11/15/31 | Principal | $106.2M | 86.8M |
| Wayfair Inc 3.5 11/15/2028 | W 3.5 11/15/28 | Principal | $105.4M | 60.3M |
| Bridgebio Pharma Inc 2.5 03/15/202 | BBIO 2.5 03/15/27 | Principal | $105.3M | 58.4M |
| Coinbase Global Inc 0.25 04/01/203 | COIN 0.25 04/01/30 | Principal | $103.7M | 111.4M |
| Enovis Corp 3.875 10/15/2028 | ENOV 3.875 10/15/28 | Principal | $103.4M | 106.7M |
| Itron Inc 1.375 07/15/2030 144A | ITRI 1.375 07/15/30 | Principal | $100.2M | 99.4M |
| Guardant Health Inc 0 11/15/2027 | GH 0 11/15/27 | Principal | $99.6M | 96.9M |
| Applied Optoelectronics 2.75 01/15 | Principal | $98.1M | 44.1M | |
| Encore Capital Group Inc 4 03/15/2 | ECPG 4 03/15/29 | Principal | $96.1M | 76.0M |
| Arrowhead Research Corp 0 01/15/20 | ARWR 0 01/15/32 | Principal | $95.8M | 92.4M |
| Spectrum Brands Inc 3.375 06/01/20 | SPB 3.375 06/01/29 | Principal | $92.2M | 93.2M |
| Makemytrip Limited 0 02/15/2028 | MMYT 0 02/15/28 | Principal | $92.1M | 78.5M |
| Alkami Technology Inc 1.5 03/15/20 | ALKTEC 1.5 03/15/30 | Principal | $91.6M | 101.6M |
| Upstart Holdings Inc 1 11/15/2030 | UPST 1 11/15/30 | Principal | $90.9M | 126.3M |
| Super Micro Computer Inc 3.5 03/01 | SMCI 3.5 03/01/29 | Principal | $90.2M | 112.4M |
| Nio Inc 3.875 10/15/2029 | NIO 3.875 10/15/29 | Principal | $89.3M | 86.8M |
| Five9 Inc 1 03/15/2029 | FIVN 1 03/15/29 | Principal | $88.8M | 102.0M |
| Qfin Holdings Inc 0.5 04/01/2030 | QIFTEC 0.5 04/01/30 | Principal | $87.6M | 102.3M |
| Workiva Inc 1.25 08/15/2028 | WK 1.25 08/15/28 | Principal | $86.6M | 92.3M |
| Amphastar Pharmaceutical 2 03/15/2 | AMPH 2 03/15/29 | Principal | $84.6M | 93.6M |
| Alignment Healthcare 4.25 11/15/20 | ALHC 4.25 11/15/29 | Principal | $82.8M | 58.7M |
| Immunocore Holdings 2.5 02/01/2030 | IMCR 2.5 02/01/30 | Principal | $81.9M | 90.8M |
| Winnebago Industries 3.25 01/15/20 | WGO 3.25 01/15/30 | Principal | $80.3M | 88.5M |
| Lyft Inc 0.625 03/01/2029 | LYFT 0.625 03/01/29 | Principal | $74.4M | 73.3M |
| Alphatec Holdings Inc 0.75 03/15/2 | ATEC 0.75 03/15/30 | Principal | $71.8M | 69.9M |
| Green Plains Inc 5.25 11/01/2030 | GPRE 5.25 11/01/30 UNRS | Principal | $69.8M | 49.5M |
| Joby Aviation Inc 0.75 02/15/2032 | JOBY 0.75 02/15/32 | Principal | $68.6M | 79.8M |
| Omnicell Inc 1 12/01/2029 | OMCL 1 12/01/29 | Principal | $62.8M | 64.4M |
| T1 Energy Inc 5.25 12/01/2030 | TE 5.25 12/01/30 | Principal | $61.9M | 58.9M |
| Nio Inc 4.625 10/15/2030 | NIO 4.625 10/15/30 | Principal | $60.7M | 60.7M |
| Evolent Health Inc 3.5 12/01/2029 | EVH 3.5 12/01/29 | Principal | $59.5M | 108.8M |
| Herbalife Ltd 4.25 06/15/2028 | HLF 4.25 06/15/28 | Principal | $56.6M | 47.4M |
| Tandem Diabetes Care Inc 1.5 03/15 | TNDM 1.5 03/15/29 2024 | Principal | $55.9M | 54.8M |
| Pagaya Technologies Ltd 6.125 10/0 | PGY 6.125 10/01/29 | Principal | $55.2M | 48.0M |
| Synaptics Inc 0.75 12/01/2031 | SYNA 0.75 12/01/31 | Principal | $53.1M | 51.3M |
| Rapid7 Inc 1.25 03/15/2029 | RPD 1.25 03/15/29 | Principal | $51.6M | 61.1M |
| Iqiyi Inc 4.625 03/15/2030 | IQ 4.625 03/15/30 | Principal | $51.2M | 57.2M |
| Vnet Group Inc 2 10/01/2027 144A | VNET 2 10/01/27 | Principal | $50.8M | 45.0M |
| Blackberry Ltd 3 02/15/2029 | BBCN 3 02/15/29 | Principal | $47.9M | 41.5M |
| Lithium Argentina Ag 1.75 01/15/20 | LARCN 1.75 01/15/27 | Principal | $46.7M | 48.6M |
| Ziff Davis Inc 3.625 03/01/2028 14 | ZD 3.625 03/01/28 | Principal | $46.4M | 47.1M |
| Innoviva Inc 2.125 03/15/2028 | INVA 2.125 03/15/28 | Principal | $46.0M | 42.4M |
| Impinj Inc 1.125 05/15/2027 | PI 1.125 05/15/27 | Principal | $45.2M | 38.1M |
| Rivian Auto Inc 4.625 03/15/2029 | RIVN 4.625 03/15/29 | Principal | $43.4M | 40.5M |
| Cerence Inc 1.5 07/01/2028 | CRNC 1.5 07/01/28 | Principal | $39.4M | 44.7M |
| Array Technologies Inc 1 12/01/202 | ARRY 1 12/01/28 | Principal | $38.6M | 42.7M |
| Guidewire Software Inc 1.25 11/01/ | GWRE 1.25 11/01/29 | Principal | $37.8M | 37.8M |
| Semtech Corp 1.625 11/01/2027 | SMTC 1.625 11/01/27 | Principal | $35.2M | 16.7M |
| Penguin Solutions Inc 2 08/15/2030 | PENG 2 08/15/30 | Principal | $33.7M | 33.5M |
Values as reported in public regulatory filings (USD); holdings are reported quarterly, up to 45 days after quarter end, and may contain reporting errors. Nothing here is investment advice.