Skip to main content
Livermore
Livermore
ZHEN

CNH Partners LLC

SEC CIK
0001167456
Latest filing
Aug 14, 2026

Holdings in Q3 2025

Holdings as of Sep 30, 2025, filed Nov 14, 2025. Long positions only; changes compare share counts with Q2 2025.

Institution overview
Positions
448
+59 vs. Q2 2025
Portfolio value
$3.93B
−$339.0M (−7.9%) vs. Q2 2025
Filed
Nov 14, 2025
SEC
Holdings of CNH Partners LLC in Q3 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
IPGInterpublic Group of Companies, Inc.COM3,633,044$101.4M2.6%+541,604+17.5%AddedHistory
ALEAllete IncCOM NEW1,372,186$91.1M2.3%−155,737−10.2%ReducedHistory
Sandstorm Gold Ltd Com New80013R206Stock6,061,783$75.9M1.9%+6,061,783New–
GTLSChart Industries IncCOM378,580$75.8M1.9%+297,878+369.1%AddedHistory
KKellanovaStock880,941$72.1M1.8%−30,769−3.4%ReducedHistory
Dexcom Inc252131AM9NOTE 0.375% 5/1–$70.4M1.8%–––
ALSumisho Air Lease CorpCL A1,008,638$64.2M1.6%+1,008,638NewHistory
TXNMTXNM Energy IncCOM1,047,107$59.2M1.5%+64,347+6.5%AddedHistory
Cyberark Software LtdM2682V108SHS122,381$59.1M1.5%+122,381New–
FYBRFrontier Communications Parent, Inc.COM1,580,940$59.0M1.5%+664,115+72.4%AddedHistory
NSCNorfolk Southern CorpStock196,319$58.9M1.5%+196,319NewHistory
Akamai Technologies Inc00971TAN1NOTE 1.125% 2/1–$57.2M1.5%–––
VRNAVerona Pharma plcSPONSORED ADS513,778$54.8M1.4%+513,778NewHistory
LBRDKLiberty Broadband CorpCOM SER C857,476$54.5M1.4%+580,384+209.5%AddedHistory
Patk703343AG812/01/2028–$52.5M1.3%–––
AVDXAvidXchange Holdings, Inc.COM5,268,902$52.4M1.3%+758,512+16.8%AddedHistory
WNSWNS (Holdings) LtdCOM SHS666,844$50.9M1.3%+666,844NewHistory
Exact Sciences Corp30063PAC9NOTE 0.375% 3/0–$50.7M1.3%–––
Transocean Ltd.893830BW8DEB 4.625% 9/3–$42.8M1.1%–––
Five9, Inc.338307AF8NOTE 1.000% 3/1–$42.4M1.1%–––
WisdomTree, Inc.97717PAH7NOTE 3.250% 8/1–$41.4M1.1%–New–
On Semiconductor Corp682189AU9NOTE 0.500% 3/0–$39.4M1.0%–––
SPRSpirit AeroSystems Holdings, Inc.COM CL A930,112$35.9M0.9%+2,369+0.3%AddedHistory
World Kinect Corp98149GAB6NOTE 3.250% 7/0–$34.9M0.9%–––
HBIHanesbrands Inc.COM5,108,216$33.6M0.9%+5,108,216NewHistory
DraftKings Inc.26142RAB0NOTE 3/1–$33.0M0.8%–––
Etsy Inc29786AAJ5NOTE 0.125%10/0–$31.7M0.8%–––
Alibaba Group Hldg Ltd01609WBG6NOTE 0.500% 6/0–$31.3M0.8%–New–
JD.com, Inc.47215PAJ5NOTE 0.250% 6/0–$31.0M0.8%–New–
INFAInformatica Inc.COM CL A1,236,458$30.7M0.8%+952,870+336.0%AddedHistory
Snowflake Inc.833445AD1NOTE 10/0–$29.9M0.8%–New–
VBTXVeritex Holdings, Inc.COM813,371$27.3M0.7%+813,371NewHistory
Groupon, Inc.399473AK3NOTE 4.875% 6/3–$27.2M0.7%–New–
Firstenergy Corp337932AR8NOTE 4.000% 5/0–$26.7M0.7%–––
KKR.PDKKR & Co. Inc.6.25 CON SER D500,000$26.2M0.7%+500,000NewHistory
Ford MTR Co Del345370CZ1NOTE 3/1–$25.7M0.7%–––
FTWPresidio Production CoCL A ORD SHS2,423,674$25.2M0.6%−5,137−0.2%ReducedHistory
SCSSteelcase IncCL A1,388,663$23.9M0.6%+1,388,663NewHistory
Snap Inc83304AAK2NOTE 0.500% 5/0–$23.5M0.6%–New–
Agriculture & Nat Sol Acq CoG0131Y100SHS CL A2,035,706$22.2M0.6%−15,000−0.7%Reduced–
DAYDayforce, Inc.COM314,882$21.7M0.6%+314,882NewHistory
Duke Energy CORP26441CBY0NOTE 4.125% 4/1–$21.6M0.5%–New–
BEAGBold Eagle Acquisition Corp.CL A2,020,363$21.0M0.5%−2,000−0.1%ReducedHistory
PagerDuty, Inc.69553PAD2NOTE 1.500%10/1–$20.9M0.5%–––
Coinbase Global, Inc.19260QAF4NOTE 0.250% 4/0–$20.6M0.5%–––
Penguin Solutions, Inc.83205YAE4NOTE 2.000% 8/1–$20.4M0.5%–New–
Pinnacle West Cap Corp723484AK7NOTE 4.750% 6/1–$20.2M0.5%–New–
EAElectronic Arts Inc.COM100,305$20.2M0.5%+100,305NewHistory
Alarm Com Hldgs Inc011642AD7NOTE 2.250% 6/0–$20.2M0.5%–New–
Dropbox, Inc.26210CAD6NOTE 3/0–$19.7M0.5%–––
Vishay Intertechnology Inc928298AR9NOTE 2.250% 9/1–$19.7M0.5%–––
MRLNMerlin, Inc.SHS CL A1,875,100$19.5M0.5%−11,500−0.6%ReducedHistory
MRUSMerus N.V.COM204,994$19.3M0.5%+204,994NewHistory
HDRNHadron Energy, Inc.ORD SHS CL A1,797,786$18.9M0.5%−49,700−2.7%ReducedHistory
ALFCenturion Acquisition Corp.SHS CL A1,749,642$18.5M0.5%−35,000−2.0%ReducedHistory
Dropbox, Inc.26210CAC8NOTE 3/0–$18.4M0.5%–New–
Super Micro Computer, Inc.86800UAB0NOTE 3.500% 3/0–$18.1M0.5%–––
Dynavax Technologies Corp268158AE2DEBT 2.000% 3/1–$17.9M0.5%–––
TRMLTourmaline Bio, Inc.COM374,785$17.9M0.5%+374,785NewHistory
BA.PABoeing CoDEP CONV PFD A255,250$17.7M0.5%+51,000+25.0%AddedHistory
Bentley Sys Inc08265TAD1NOTE 0.375% 7/0–$17.7M0.5%–––
VMEOVimeo, Inc.COMMON STOCK2,243,567$17.4M0.4%+2,243,567NewHistory
RIORio Tinto PLCADR261,000$17.2M0.4%00.0%UnchangedHistory
STAAStaar Surgical CoCOM PAR $0.01630,500$16.9M0.4%+630,500NewHistory
ALDFAldel Financial II Inc.CL A1,614,870$16.9M0.4%−42,996−2.6%ReducedHistory
TACHTitan Acquisition Corp.CL A1,666,912$16.9M0.4%−573,082−25.6%ReducedHistory
GPATGP-Act III Acquisition Corp.CL A1,576,119$16.7M0.4%−9,000−0.6%ReducedHistory
LPAALaunch One Acquisition Corp.SHS CLASS A1,573,742$16.6M0.4%−2,000−0.1%ReducedHistory
CUBLionheart HoldingsSHS CL A1,572,344$16.5M0.4%00.0%UnchangedHistory
NPACNew Providence Acquisition Corp. III/CaymanCOM1,613,382$16.4M0.4%+1,613,382NewHistory
TONTGraf Global Corp.ORD SHS CL A1,511,378$15.9M0.4%−2,000−0.1%ReducedHistory
LPBBLaunch Two Acquisition Corp.ORD SHS CL A1,509,683$15.8M0.4%−5,000−0.3%ReducedHistory
AMWDAmerican Woodmark CorpCOM235,495$15.7M0.4%+235,495NewHistory
SHIFT4 PMTS Inc82452JAB5NOTE 12/1–$15.5M0.4%–New–
Mountain Lake Acquisition Corp.G6301B101SHS CL A1,499,906$15.4M0.4%−8,000−0.5%Reduced–
SIMASIM Acquisition Corp. ISHS CL A1,455,722$15.3M0.4%−8,000−0.5%ReducedHistory
Artius II Acquisition IncG0509J115SHS CL A1,490,205$15.1M0.4%−12,000−0.8%Reduced–
Bain Capital GSS Investment Corp.G0R78B122COM1,500,000$15.0M0.4%+1,500,000New–
EVACEQV Ventures Acquisition Corp. IICOM1,501,296$14.9M0.4%+1,501,296NewHistory
DMIIUDrugs Made In America Acquisition II Corp.UNIT 09/16/20301,500,000$14.9M0.4%+1,500,000NewHistory
RACRithm Acquisition Corp.COM1,451,934$14.9M0.4%−11,000−0.8%ReducedHistory
Voyager Acquisition CorpG93A7H104CL A1,418,939$14.8M0.4%00.0%Unchanged–
LEGTLegato Merger Corp. IIIORD SHS1,380,892$14.8M0.4%−18,695−1.3%ReducedHistory
Crane HBR Acquisition CorpG24979109CL A1,463,990$14.8M0.4%−516,010−26.1%Reduced–
OACCOaktree Acquisition Corp. III Life SciencesSHS CL A1,412,750$14.8M0.4%−38,000−2.6%ReducedHistory
MRCMRC Global Inc.COM1,019,159$14.7M0.4%+787,254+339.5%AddedHistory
POLEAndretti Acquisition Corp. IIUNIT 99/99/99991,400,933$14.7M0.4%−2,000−0.1%ReducedHistory
KCHVKochav Defense Acquisition Corp.SHS CL A1,429,380$14.3M0.4%+1,429,380NewHistory
SBXDSilverBox Corp IVSHS CL A1,347,002$14.1M0.4%00.0%UnchangedHistory
FERAFifth Era Acquisition Corp IORD SHS CL A1,386,220$14.1M0.4%−10,000−0.7%ReducedHistory
TVATexas Ventures Acquisition III CorpCOM1,313,692$14.0M0.4%+1,313,692NewHistory
LWACLightWave Acquisition Corp.USD CL A ORD SHS1,399,996$14.0M0.4%+1,399,996NewHistory
Spring Vy Acquisition Corp IG8377R127UNIT 09/04/20301,300,000$13.5M0.3%+1,300,000New–
Biomarin Pharmaceutical Inc09061GAK7NOTE 1.250% 5/1–$13.4M0.3%–––
SDHISiddhi Acquisition Corp (Cayman Islands)CL A SHS1,307,013$13.3M0.3%−5,000−0.4%ReducedHistory
SZZLSizzle Acquisition Corp. IIUSD CL A ORD SHS1,305,022$13.2M0.3%−251,578−16.2%ReducedHistory
HVIIONE Nuclear Energy Inc.COM1,286,444$13.2M0.3%−2,000−0.2%ReducedHistory
GSRFUGSR IV Acquisition Corp.UNIT 08/22/20301,300,000$13.2M0.3%+1,300,000NewHistory
FACTFACT II Acquisition Corp.ORD SHS CL A1,277,639$13.2M0.3%00.0%UnchangedHistory
SOULSoulpower Acquisition Corp.USD CL A ORD SHS1,305,022$13.2M0.3%−7,000−0.5%ReducedHistory

Sold out since Q2 2025 (118)

Positions held at the end of Q2 2025 that are gone from this filing.

The largest 100 of 118 by value last quarter.

Positions of CNH Partners LLC sold out since Q2 2025
SecurityClassShares in Q2 2025Value in Q2 2025% of portfolio in Q2 2025History
HESHess CorpStock1,089,382$150.9M3.5%History
Stride, Inc.86333MAA6NOTE 1.125% 9/0–$146.9M3.4%–
MIDDLEBY Corp596278AB7NOTE 1.000% 9/0–$92.8M2.2%–
CHXChampionX CorpCOM3,611,153$89.7M2.1%History
Makemytrip Limited Mauritius56087FAB0NOTE 2/1–$82.7M1.9%–
Live Nation Entertainment IN538034BA6NOTE 3.125% 1/1–$81.8M1.9%–
AMEDAmedisys IncCOM690,911$67.8M1.6%History
SWTXSpringWorks Therapeutics, Inc.COM1,319,782$62.0M1.5%History
Seagate HDD Cayman81180WBL4NOTE 3.500% 6/0–$62.0M1.5%–
Uber Technologies, Inc90353TAM2NOTE 0.875%12/0–$59.8M1.4%–
ESGREnstar Group LTDSHS175,605$59.1M1.4%History
ANSSAnsys IncCOM155,912$54.6M1.3%History
EVRIEveri Holdings Inc.COM3,821,475$54.4M1.3%History
SKXSkechers USA IncCL A688,810$43.5M1.0%History
DNBDun & Bradstreet Holdings, Inc.COM4,213,187$38.3M0.9%History
Royal Caribbean Group780153BQ4NOTE 6.000% 8/1–$37.9M0.9%–
JNPRJuniper Networks IncCOM915,995$36.5M0.9%History
Global PMTS Inc37940XAU6NOTE 1.500% 3/0–$34.6M0.8%–
Mag Silver Corp55903Q104COM1,445,955$30.6M0.7%–
FLFoot Locker, Inc.COM1,197,915$29.3M0.7%History
TGITriumph Group IncCOM1,018,944$26.2M0.6%History
NPACUNew Providence Acquisition Corp. III/CaymanUNIT 99/99/99992,200,000$23.0M0.5%History
Kodiak AI, Inc.G33033104SHS CLASS A1,875,229$21.2M0.5%–
Snap Inc83304AAH9NOTE 0.125% 3/0–$20.8M0.5%–
Lyft, Inc.55087PAD6NOTE 0.625% 3/0–$20.5M0.5%–
Bofa Fin LLC09709UV70MTNF 0.600% 5/2–$19.9M0.5%–
BRKLBrookline Bancorp IncCOM1,880,357$19.8M0.5%History
KCHVUKochav Defense Acquisition Corp.UNIT 05/21/20301,875,000$19.1M0.4%History
TVACUTexas Ventures Acquisition III CorpUNIT 99/99/99991,750,000$18.0M0.4%History
GTENUGores Holdings X, Inc.UNIT 05/02/20301,500,000$15.6M0.4%History
XRPNUArmada Acquisition Corp. IIUNIT 05/21/20301,499,633$15.3M0.4%History
Western Digital Corp958102AT2NOTE 3.000%11/1–$15.3M0.4%–
Sarepta Therapeutics, Inc.803607AD2NOTE 1.250% 9/1–$15.2M0.4%–
OYSEUOyster Enterprises II Acquisition CorpUNIT 05/22/20301,495,000$15.1M0.4%History
BLUWUBlue Water Acquisition Corp. IIIUNIT 05/23/20301,500,000$15.0M0.4%History
Cartesian Growth Corp IIIG19307118UNIT 02/28/20321,460,000$14.8M0.3%–
Inflection PT Acquisition CoG47875128UNIT 03/01/20271,400,000$14.7M0.3%–
WBAWalgreens Boots Alliance, Inc.COM1,273,107$14.6M0.3%History
RDUSRadius Recycling, Inc.CL A489,352$14.5M0.3%History
Bloom Energy Corp093712AM9NOTE 3.000% 6/0–$14.1M0.3%–
LWACULightWave Acquisition Corp.UNIT 06/06/20301,400,000$14.1M0.3%History
CRAQUCal Redwood Acquisition Corp.UNIT 05/15/20301,368,923$14.0M0.3%History
Groupon, Inc.399473AH0NOTE 6.250% 3/1–$14.0M0.3%–
PCAPUProCap Acquisition CorpUNIT 05/16/20301,246,808$13.4M0.3%History
PACHUPioneer Acquisition I CorpUNIT 06/16/20301,293,025$12.9M0.3%History
EGHAUEGH Acquisition Corp.UNIT 99/99/99991,217,000$12.4M0.3%History
AXINUAxiom Intelligence Acquisition Corp 1UNIT 06/10/20301,200,000$12.1M0.3%History
OBAWUOxley Bridge Acquisition LtdUNIT 06/17/20301,100,000$11.0M0.3%History
RDAGURepublic Digital Acquisition CoUNIT 99/99/99991,000,000$10.6M0.2%History
Parsons Corp70202LAB8NOTE 0.250% 8/1–$10.5M0.2%–
BPMCBlueprint Medicines CorpCOM80,179$10.3M0.2%History
WENNUWEN Acquisition CorpUNIT 05/16/2030897,500$9.51M0.2%History
Jena Acquisition Corp IIG5093B121UNIT 99/99/9999900,000$9.25M0.2%–
TVAIUThayer Ventures Acquisition Corp IIUNIT 05/15/2030890,200$9.05M0.2%History
Etsy Inc29786AAN6NOTE 0.250% 6/1–$8.68M0.2%–
Copley Acquisition CorpG24243118UNIT 99/99/9999830,000$8.36M0.2%–
FAROFaro Technologies IncCOM177,276$7.79M0.2%History
STRSitio Royalties Corp.CLASS A COM384,364$7.06M0.2%History
BACCUBlue Acquisition Corp/CaymanUNIT 06/02/2030700,000$7.03M0.2%History
AMRZAmrize LtdSHS133,000$6.59M0.2%History
SPTNSpartanNash CoCOM227,659$6.03M0.1%History
PPBIPacific Premier Bancorp IncCOM277,355$5.85M0.1%History
Infleqtion, Inc.G2130T124UNIT 05/14/2030500,000$5.15M0.1%–
ETWOE2open Parent Holdings, Inc.COM CL A1,572,554$5.08M0.1%History
CHPGUChampionsGate Acquisition CorpUNIT 05/14/2030485,000$4.93M0.1%History
TXNM Energy Inc69349HAF4NOTE 5.750% 6/0–$4.55M0.1%–
MCGAUYorkville Acquisition Corp.UNIT 06/06/2030400,000$4.50M0.1%History
FORLFour Leaf Acquisition CorpCOM CL A366,532$4.24M0.1%History
PMTRUPerimeter Acquisition Corp. IUNIT 05/13/2030400,000$4.19M0.1%History
AZEKAZEK Co Inc.CL A72,300$3.93M0.1%History
GMSGMS Inc.COM34,837$3.79M0.1%History
SAGESage Therapeutics, Inc.COM409,055$3.73M0.1%History
FIGXUFIGX Capital Acquisition Corp.UNIT 06/17/2030305,884$3.06M0.1%History
QQQXNuveen NASDAQ 100 Dynamic Overwrite FundCOM SHS116,834$3.06M0.1%History
LCCCULakeshore Acquisition III Corp.UNIT 99/99/9999300,000$3.05M0.1%History
FLRFluor CorpStock59,015$3.03M0.1%History
GSR III Acquisition Corp.G4R103107CL A256,832$2.77M0.1%–
ETWEaton Vance Tax-Managed Global Buy-Write Opportunities FundCOM292,139$2.53M0.1%History
SNAPSnap IncStock281,375$2.45M0.1%History
VERVVerve Therapeutics, Inc.COM208,700$2.34M0.1%History
EVTEaton Vance Tax-Advantaged Dividend Income FundCOM89,732$2.16M0.1%History
Cinemark Hldgs Inc17243VAB8NOTE 4.500% 8/1–$2.12M<0.1%–
EMCGFEmbrace Change Acquisition Corp.ORDINARY SHARES150,000$1.81M<0.1%History
Colombier Acquisition Corp IG2283U118*W EXP 11/24/202423,634$1.59M<0.1%–
BSAAUBEST SPAC I Acquisition Corp.UNIT 05/27/2030150,000$1.51M<0.1%History
Paramount Global92556H107CL A59,877$1.37M<0.1%–
Cohen Circle Acquisition CorG3730H114*W EXP 01/31/202680,309$1.27M<0.1%–
WTGUUWintergreen Acquisition Corp.UNIT 05/21/2030113,381$1.14M<0.1%History
MHIPioneer Municipal High Income Fund, Inc.COM SHS97,296$891.2K<0.1%History
EXGEaton Vance Tax-Managed Global Diversified Equity Income FundCOM88,564$774.9K<0.1%History
ETOEaton Vance Tax-Advantaged Global Dividend Opportunities FundCOM23,412$636.6K<0.1%History
BOEBlackRock Enhanced Global Dividend TrustCOM51,257$581.8K<0.1%History
GENVRGen Digital Inc.COM67,329$549.4K<0.1%History
MAVPioneer Municipal High Income Advantage Fund, Inc.COM44,974$373.3K<0.1%History
Fluor Corp343412AJ1NOTE 1.125% 8/1–$328.3K<0.1%–
BASECouchbase, Inc.COM13,426$327.3K<0.1%History
Nextera Energy Cap Hldgs Inc65339KCY4NOTE 3.000% 3/0–$319.1K<0.1%–
BZAIBlaize Holdings, Inc.COM100,000$298.0K<0.1%History
NICE Ltd.653656AB4NOTE 9/1–$297.0K<0.1%–
RMTRoyce Micro-Cap Trust, Inc.COM29,271$269.3K<0.1%History