Zazove Associates Llc
Institutional manager — quarterly 13F holdings, Q ending 2026-03-31
Reported value
$957.0M
Q ending 2026-03-31
Prior quarter
$1.16B
Q ending 2025-12-31
Change
-17.6% QoQ · -18.1% YoY
Positions
150
reported holdings
Largest positions
Top 100 of 150 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 |
|---|---|---|---|---|
| Tetra Tech Inc New | TTEK 2.25 08/15/28 | Principal | $61.9M | 58.9M |
| Parsons Corp Del | PSN 2.625 03/01/29 | Principal | $61.6M | 62.2M |
| Fluor Corp | FLR 1.125 08/15/29 | Principal | $49.3M | 40.3M |
| Uber Technologies Inc | UBER 0.875 12/01/28 2028 | Principal | $48.3M | 40.0M |
| Itron Inc | ITRI 1.375 07/15/30 | Principal | $43.5M | 43.3M |
| Bank America Corp | BAC 7.25 PERP L | Shares | $42.5M | 36K |
| Ppl Cap Fdg Inc | PPL 2.875 03/15/28 | Principal | $32.7M | 27.9M |
| Bofa Fin Llc | BAC 0.6 05/25/27 MTN | Principal | $32.3M | 26.9M |
| Southern Co | SO 4.5 06/15/27 | Principal | $31.7M | 28.6M |
| Nutanix Inc | NTNX 0.25 10/01/27 | Principal | $31.6M | 31.0M |
| Guidewire Software Inc | GWRE 1.25 11/01/29 | Principal | $29.5M | 29.6M |
| Aerovironment Inc | AVAV 0 07/15/30 | Principal | $28.1M | 28.5M |
| Repligen Corp | RGEN 1 12/15/28 | Principal | $25.6M | 26.3M |
| Brookdale Sr Living Inc | BKD 2 10/15/26 | Principal | $24.5M | 14.3M |
| Evergy Inc | EVRG 4.5 12/15/27 | Principal | $23.0M | 17.0M |
| Integer Hldgs Corp | ITGR 2.125 02/15/28 | Principal | $22.3M | 18.8M |
| Jazz Investments I Ltd | JAZZ 3.125 09/15/30 | Principal | $22.1M | 15.6M |
| Cheesecake Factory Inc | CAKE 2 03/15/30 | Principal | $21.1M | 20.7M |
| Haemonetics Corp Mass | HAE 2.5 06/01/29 | Principal | $19.9M | 20.9M |
| Lyft Inc | LYFT 0.625 03/01/29 | Principal | $18.7M | 18.5M |
| Braemar Hotels & Resorts Inc | BHR 4.5 06/01/26 | Principal | $16.9M | 17.0M |
| Northern Oil & Gas Inc | NOG 3.625 04/15/29 | Principal | $14.8M | 13.4M |
| Global Pmts Inc | GPN 1.5 03/01/31 | Principal | $13.6M | 15.5M |
| The Realreal Inc | REAL 4 02/15/31 | Principal | $13.2M | 11.1M |
| Snowflake Inc | SNOW 0 10/01/27 | Principal | $11.8M | 10.0M |
| American Wtr Cap Corp | AWK 3.625 06/15/26 | Principal | $10.5M | 10.6M |
| Duke Energy Corp New | DUK 4.125 04/15/26 | Principal | $9.1M | 8.3M |
| Joby Aviation Inc | JOBY 0.75 02/15/32 | Principal | $8.2M | 9.6M |
| Ventas Rlty Ltd Partnership | VTR 3.75 06/01/26 | Principal | $7.7M | 5.2M |
| Opko Health Inc | OPK 3.75 01/15/29 | Principal | $7.5M | 5.9M |
| Vertex Inc | VERX 0.75 05/01/29 | Principal | $7.0M | 8.1M |
| Freshpet Inc | FRPT 3 04/01/28 | Principal | $6.7M | 5.8M |
| T1 Energy Inc | TE 5.25 12/01/30 | Principal | $6.3M | 6.0M |
| Pg&E Corp | PCG 4.25 12/01/27 | Principal | $6.2M | 6.0M |
| Impinj Inc | PI 1.125 05/15/27 | Principal | $6.1M | 5.0M |
| Spdr Series Trust | SPSB | Shares | $6.0M | 200K |
| Kayne Anderson Energy Infrst | KYN | Shares | $5.9M | 415K |
| World Kinect Corporation | WKC 3.25 07/01/28 | Principal | $5.4M | 5.1M |
| Rivian Automotive Inc | RIVN 4.625 03/15/29 | Principal | $5.4M | 5.0M |
| Vanguard Bd Index Fds | VUSB | Shares | $5.0M | 100K |
| Cvr Partners Lp/Cvr Nitrogen | UAN | Shares | $4.9M | 39K |
| Affirm Hldgs Inc | AFRM 0.75 12/15/29 | Principal | $4.2M | 4.5M |
| Mks Inc. | MKSI 1.25 06/01/30 | Principal | $4.1M | 2.5M |
| Granite Ridge Resources Inc | GRNT | Shares | $4.1M | 693K |
| Braemar Hotels & Resorts Inc | BHR | Shares | $4.0M | 1.7M |
| On Semiconductor Corp | ON 0.5 03/01/29 | Principal | $3.9M | 4.0M |
| Snowflake Inc | SNOW 0 10/01/29 | Principal | $3.6M | 3.0M |
| Super Micro Computer Inc | SMCI 2.25 07/15/28 | Principal | $3.4M | 4.0M |
| Liberty Media Corp Del | FWONK 2.25 08/15/27 | Principal | $3.4M | 2.9M |
| Transmedics Group Inc | TMDX 1.5 06/01/28 | Principal | $3.2M | 2.5M |
| Fluence Energy Inc | FLNC 2.25 06/15/30 | Principal | $3.0M | 3.0M |
| Lantheus Hldgs Inc | LNTH 2.625 12/15/27 | Principal | $3.0M | 2.5M |
| Urban One Inc | UONEK | Shares | $2.8M | 508K |
| Datadog Inc | DDOG 0 12/01/29 | Principal | $2.7M | 2.8M |
| Shift4 Pmts Inc | FOUR 0.5 08/01/27 | Principal | $2.6M | 2.8M |
| Westrock Coffee Co | WEST | Shares | $2.4M | 560K |
| Cms Energy Corp | CMS 3.375 05/01/28 | Principal | $2.4M | 2.1M |
| Cloudflare Inc | NET 0 08/15/26 | Principal | $2.3M | 1.9M |
| Braemar Hotels & Resorts Inc | BHR 5.5 PERP b | Shares | $2.2M | 149K |
| Asa Gold And Precious Mtls L | Shares | $2.0M | 33K | |
| Groupon Inc | GRPN 6.25 03/15/27 * | Principal | $2.0M | 2.0M |
| Upstart Hldgs Inc | UPST 1 11/15/30 | Principal | $1.8M | 2.5M |
| Nabors Inds Inc | NBR 1.75 06/15/29 | Principal | $1.6M | 1.7M |
| Liberty Media Corp Del | SIRI 3.75 03/15/28 | Principal | $1.6M | 1.6M |
| Luxexperience Bv | LUXE | Shares | $1.6M | 200K |
| Brc Inc | BRCC | Shares | $1.6M | 2.0M |
| Ascendis Pharma A/S | ASND 2.25 04/01/28 | Principal | $1.5M | 1.1M |
| Integer Hldgs Corp | ITGR 1.875 03/15/30 | Principal | $1.5M | 1.6M |
| Ncl Corp Ltd | NCLH 2.5 02/15/27 | Principal | $1.5M | 1.5M |
| The Realreal Inc | REAL | Shares | $1.5M | 160K |
| Bkv Corp | BKV | Shares | $1.4M | 50K |
| Trip Com Group Ltd | TCOM 0.75 06/15/29 | Principal | $1.4M | 1.4M |
| National Cinemedia Inc | NCMI | Shares | $1.4M | 459K |
| Mntn Inc | MNTN | Shares | $1.3M | 150K |
| Brookdale Sr Living Inc | BKD | Shares | $1.3M | 95K |
| Live Nation Entertainment In | LYV 2.875 01/15/30 | Principal | $1.2M | 1.1M |
| Kosmos Energy Ltd | KOS 3.125 03/15/30 | Principal | $1.2M | 1.5M |
| Rumble Inc | RUMBW | Shares | $1.2M | 1.1M |
| Jd.Com Inc | JD 0.25 06/01/29 | Principal | $1.1M | 1.1M |
| Gold Royalty Corp | GROY | Shares | $1.1M | 300K |
| Nextnav Inc | Shares | $1.1M | 171K | |
| Gdl Fd | GDL | Shares | $1.0M | 121K |
| Whirlpool Corp | WHR 8.5 02/15/29 A | Shares | $926K | 23K |
| Osisko Development Corp | ODV | Shares | $845K | 260K |
| B2Gold Corp | Call | $833K | 804K | |
| Porch Group Inc | PRCH | Shares | $759K | 106K |
| Alliancebernstein Hldg L P | AB | Shares | $685K | 18K |
| Bandwidth Inc | BAND 0.5 04/01/28 | Principal | $564K | 630K |
| Ironwood Pharmaceuticals Inc | IRWD 1.5 06/15/26 | Principal | $542K | 550K |
| Silvercorp Metals Inc | SVM | Shares | $537K | 50K |
| Amprius Technologies Inc | AMPX/WS | Shares | $530K | 77K |
| Americas Gold And Silver Cor | USAS | Shares | $522K | 100K |
| Purecycle Technologies Inc | PCTTW | Shares | $508K | 656K |
| Lithium Argentina Ag | LARCN 1.75 01/15/27 | Principal | $444K | 460K |
| T1 Energy Inc | TE | Shares | $439K | 100K |
| Genesis Energy L P | Call | $438K | 134K | |
| Th International Limited | Shares | $429K | 208K | |
| Net Power Inc | NPWR/WS | Shares | $429K | 1.5M |
| Snap Inc | SNAP 0.125 03/01/28 | Principal | $420K | 460K |
| Marriott Vacations Worldwide | VAC 3.25 12/15/27 | Principal | $404K | 420K |
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.