Linden Advisors LP
- SEC CIK
- 0001279396
- Latest filing
- Aug 14, 2026
Holdings in Q1 2025
Holdings as of Mar 31, 2025, filed May 15, 2025. Long positions only; changes compare share counts with Q4 2024.
- Positions
- 307
- +43 vs. Q4 2024
- Portfolio value
- $14.7B
- +$2.68B (+22.2%) vs. Q4 2024
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Strategy Inc594972AJ0 | NOTE 0.625% 3/1 | – | $545.4M | 3.7% | – | New | – |
| Western Digital Corp958102AT2 | NOTE 3.000%11/1 | – | $490.5M | 3.3% | – | – | – |
| Super Micro Computer, Inc.86800UAB0 | NOTE 3.500% 3/0 | – | $381.1M | 2.6% | – | New | – |
| Coinbase Global, Inc.19260QAF4 | NOTE 0.250% 4/0 | – | $314.0M | 2.1% | – | New | – |
| PG&E Corp69331CAL2 | NOTE 4.250%12/0 | – | $303.6M | 2.1% | – | – | – |
| Li Auto Inc.50202MAB8 | NOTE 0.250% 5/0 | – | $300.1M | 2.0% | – | – | – |
| Confluent, Inc.20717MAB9 | NOTE 1/1 | – | $293.0M | 2.0% | – | – | – |
| INSMED Inc457669AB5 | NOTE 0.750% 6/0 | – | $278.6M | 1.9% | – | – | – |
| Liberty Media Corp531229AP7 | NOTE 3.750% 3/1 | – | $274.6M | 1.9% | – | – | – |
| United States STL Corp New912909AT5 | NOTE 5.000%11/0 | – | $245.5M | 1.7% | – | – | – |
| Makemytrip Limited Mauritius56087FAB0 | NOTE 2/1 | – | $238.0M | 1.6% | – | – | – |
| DraftKings Inc.26142RAB0 | NOTE 3/1 | – | $224.5M | 1.5% | – | – | – |
| Lumentum Hldgs Inc55024UAF6 | NOTE 0.500% 6/1 | – | $224.4M | 1.5% | – | – | – |
| ZTO Express (Cayman) Inc.98980AAB1 | NOTE 1.500% 9/0 | – | $217.2M | 1.5% | – | – | – |
| Ascendis Pharma A/S04351PAD3 | NOTE 2.250% 4/0 | – | $201.1M | 1.4% | – | – | – |
| Cytokinetics Inc23282WAC4 | NOTE 3.500% 7/0 | – | $198.9M | 1.3% | – | – | – |
| Five9, Inc.338307AF8 | NOTE 1.000% 3/1 | – | $192.8M | 1.3% | – | New | – |
| TransMedics Group, Inc.89377MAB5 | NOTE 1.500% 6/0 | – | $189.1M | 1.3% | – | – | – |
| iRhythm Holdings, Inc.450056AB2 | NOTE 1.500% 9/0 | – | $186.6M | 1.3% | – | New | – |
| Live Nation Entertainment IN538034BA6 | NOTE 3.125% 1/1 | – | $166.9M | 1.1% | – | – | – |
| Semtech Corp816850AF8 | NOTE 1.625%11/0 | – | $156.7M | 1.1% | – | – | – |
| Lumentum Hldgs Inc55024UAD1 | NOTE 0.500%12/1 | – | $153.7M | 1.0% | – | – | – |
| Marriott Vacations Worldwide Corp57164YAF4 | NOTE 3.250%12/1 | – | $147.3M | 1.0% | – | – | – |
| Rapid7, Inc.753422AF1 | NOTE 0.250% 3/1 | – | $144.2M | 1.0% | – | – | – |
| Etsy Inc29786AAL0 | NOTE 0.125% 9/0 | – | $143.7M | 1.0% | – | – | – |
| Sarepta Therapeutics, Inc.803607AD2 | NOTE 1.250% 9/1 | – | $142.5M | 1.0% | – | – | – |
| Digitalocean Hldgs Inc25402DAB8 | NOTE 12/0 | – | $139.3M | 0.9% | – | – | – |
| Vishay Intertechnology Inc928298AR9 | NOTE 2.250% 9/1 | – | $138.9M | 0.9% | – | – | – |
| Exact Sciences Corp30063PAB1 | NOTE 0.375% 3/1 | – | $138.1M | 0.9% | – | – | – |
| Tandem Diabetes Care Inc875372AD6 | NOTE 1.500% 3/1 | – | $137.3M | 0.9% | – | New | – |
| CONMED Corp207410AH4 | NOTE 2.250% 6/1 | – | $132.7M | 0.9% | – | – | – |
| Huazhu Group Ltd44332NAB2 | NOTE 3.000% 5/0 | – | $128.9M | 0.9% | – | – | – |
| Progress Software Corp743312AD2 | NOTE 3.500% 3/0 | – | $128.3M | 0.9% | – | New | – |
| Strategy Inc594972AL5 | NOTE 0.875% 3/1 | – | $127.0M | 0.9% | – | New | – |
| Lyft, Inc.55087PAD6 | NOTE 0.625% 3/0 | – | $124.3M | 0.8% | – | New | – |
| Bloom Energy Corp093712AK3 | NOTE 3.000% 6/0 | – | $123.4M | 0.8% | – | – | – |
| BridgeBio Pharma, Inc.10806XAD4 | NOTE 2.250% 2/0 | – | $123.2M | 0.8% | – | – | – |
| Etsy Inc29786AAN6 | NOTE 0.250% 6/1 | – | $122.9M | 0.8% | – | – | – |
| Marriott Vacations Worldwide Corp57164YAD9 | NOTE 1/1 | – | $122.0M | 0.8% | – | – | – |
| Collegium Pharmaceutical, Inc19459JAC8 | NOTE 2.875% 2/1 | – | $121.4M | 0.8% | – | – | – |
| Centerpoint Energy Inc15189TBD8 | NOTE 4.250% 8/1 | – | $120.9M | 0.8% | – | – | – |
| Exact Sciences Corp30063PAC9 | NOTE 0.375% 3/0 | – | $119.2M | 0.8% | – | – | – |
| Stride, Inc.86333MAA6 | NOTE 1.125% 9/0 | – | $118.4M | 0.8% | – | – | – |
| InterDigital, Inc.45867GAD3 | NOTE 3.500% 6/0 | – | $116.8M | 0.8% | – | – | – |
| Lumentum Hldgs Inc55024UAH2 | NOTE 1.500%12/1 | – | $113.2M | 0.8% | – | – | – |
| CSG Sys Intl Inc126349AH2 | NOTE 3.875% 9/1 | – | $112.8M | 0.8% | – | – | – |
| Parsons Corp70202LAD4 | NOTE 2.625% 3/0 | – | $110.0M | 0.7% | – | New | – |
| Impinj Inc453204AD1 | NOTE 1.125% 5/1 | – | $109.3M | 0.7% | – | – | – |
| PagerDuty, Inc.69553PAD2 | NOTE 1.500%10/1 | – | $106.1M | 0.7% | – | – | – |
| Evergy, Inc.30034WAD8 | NOTE 4.500%12/1 | – | $105.9M | 0.7% | – | New | – |
| Enphase Energy, Inc.29355AAK3 | NOTE 3/0 | – | $104.4M | 0.7% | – | – | – |
| Evolent Health, Inc.30050BAH4 | NOTE 3.500%12/0 | – | $102.6M | 0.7% | – | – | – |
| Enovis CORP194014AB2 | NOTE 3.875%10/1 | – | $100.5M | 0.7% | – | – | – |
| Camtek Ltd13469VAB4 | NOTE 12/0 | – | $100.4M | 0.7% | – | – | – |
| Teladoc Health, Inc.87918AAF2 | NOTE 1.250% 6/0 | – | $99.2M | 0.7% | – | – | – |
| Veeco Instrs Inc Del922417AJ9 | NOTE 2.875% 6/0 | – | $98.5M | 0.7% | – | – | – |
| Canadian Solar Inc.136635AG4 | NOTE 2.500%10/0 | – | $97.6M | 0.7% | – | – | – |
| Fiverr Intl Ltd33835LAA3 | NOTE 11/0 | – | $96.4M | 0.7% | – | – | – |
| Travere Therapeutics, Inc.89422GAA5 | NOTE 2.250% 3/0 | – | $93.8M | 0.6% | – | – | – |
| Pebblebrook Hotel Tr70509VAA8 | NOTE 1.750%12/1 | – | $91.3M | 0.6% | – | – | – |
| Workiva Inc98139AAD7 | NOTE 1.250% 8/1 | – | $89.5M | 0.6% | – | – | – |
| Cable One, Inc.12685JAE5 | NOTE 3/1 | – | $89.2M | 0.6% | – | – | – |
| Halozyme Therapeutics, Inc.40637HAD1 | NOTE 0.250% 3/0 | – | $88.5M | 0.6% | – | – | – |
| Callaway Golf Co131193AE4 | NOTE 2.750% 5/0 | – | $87.0M | 0.6% | – | – | – |
| Jamf Hldg Corp47074LAB1 | NOTE 0.125% 9/0 | – | $86.0M | 0.6% | – | – | – |
| LivaNova PLC53802LAB8 | NOTE 2.500% 3/1 | – | $86.0M | 0.6% | – | New | – |
| Guardant Health, Inc.40131MAD1 | DEBT 1.250% 2/1 | – | $84.8M | 0.6% | – | New | – |
| Amphastar Pharmaceuticals IN03209RAB9 | NOTE 2.000% 3/1 | – | $82.5M | 0.6% | – | – | – |
| Sunrun Inc.86771WAD7 | NOTE 4.000% 3/0 | – | $82.3M | 0.6% | – | New | – |
| Lantheus Hldgs Inc516544AB9 | NOTE 2.625%12/1 | – | $82.0M | 0.6% | – | – | – |
| Enphase Energy, Inc.29355AAH0 | NOTE 3/0 | – | $81.5M | 0.6% | – | – | – |
| Sphere Entertainment Co.55826TAB8 | NOTE 3.500%12/0 | – | $80.8M | 0.5% | – | – | – |
| Winnebago Inds Inc974637AF7 | NOTE 3.250% 1/1 | – | $77.6M | 0.5% | – | New | – |
| Envista Holdings Corp29415FAD6 | NOTE 1.750% 8/1 | – | $77.2M | 0.5% | – | – | – |
| BridgeBio Pharma, Inc.10806XAB8 | NOTE 2.500% 3/1 | – | $76.5M | 0.5% | – | – | – |
| Granite Constr Inc387328AD9 | NOTE 3.750% 5/1 | – | $76.4M | 0.5% | – | – | – |
| Dexcom Inc252131AM9 | NOTE 0.375% 5/1 | – | $74.8M | 0.5% | – | – | – |
| WEIBO Corp948596AJ0 | NOTE 1.375%12/0 | – | $73.4M | 0.5% | – | – | – |
| Advanced Energy Inds007973AE0 | NOTE 2.500% 9/1 | – | $73.3M | 0.5% | – | – | – |
| Dropbox, Inc.26210CAC8 | NOTE 3/0 | – | $73.0M | 0.5% | – | – | – |
| John Bean Technologies Corp477839AB0 | NOTE 0.250% 5/1 | – | $70.0M | 0.5% | – | – | – |
| Repligen Corp759916AD1 | NOTE 1.000%12/1 | – | $68.7M | 0.5% | – | – | – |
| Innoviva, Inc.45781MAD3 | NOTE 2.125% 3/1 | – | $65.6M | 0.4% | – | – | – |
| Eventbrite, Inc.29975EAD1 | NOTE 0.750% 9/1 | – | $65.1M | 0.4% | – | – | – |
| Summit Hotel Pptys Inc866082AA8 | NOTE 1.500% 2/1 | – | $64.4M | 0.4% | – | – | – |
| Ionis Pharmaceuticals Inc462222AD2 | NOTE 4/0 | – | $63.8M | 0.4% | – | New | – |
| Health Catalyst, Inc.42225TAB3 | NOTE 2.500% 4/1 | – | $63.0M | 0.4% | – | – | – |
| PTC Therapeutics, Inc.69366JAD3 | NOTE 1.500% 9/1 | – | $62.3M | 0.4% | – | – | – |
| Verint Systems Inc92343XAC4 | NOTE 0.250% 4/1 | – | $61.9M | 0.4% | – | – | – |
| Guardant Health, Inc.40131MAB5 | NOTE 11/1 | – | $59.5M | 0.4% | – | – | – |
| Q2 Hldgs Inc74736LAD1 | NOTE 0.750% 6/0 | – | $59.0M | 0.4% | – | – | – |
| Ceridian HCM Hldg Inc15677JAD0 | NOTE 0.250% 3/1 | – | $59.0M | 0.4% | – | – | – |
| Upstart Hldgs Inc91680MAB3 | NOTE 0.250% 8/1 | – | $58.9M | 0.4% | – | – | – |
| Encore Cap Group Inc292554AP7 | NOTE 4.000% 3/1 | – | $56.9M | 0.4% | – | – | – |
| Coinbase Global, Inc.19260QAB3 | NOTE 0.500% 6/0 | – | $54.6M | 0.4% | – | – | – |
| Dynavax Technologies Corp268158AE2 | DEBT 2.000% 3/1 | – | $54.0M | 0.4% | – | New | – |
| PROS Holdings, Inc.74346YAG8 | NOTE 2.250% 9/1 | – | $51.1M | 0.3% | – | – | – |
| BLACKBERRY Ltd09228FAM5 | NOTE 3.000% 2/1 | – | $48.9M | 0.3% | – | New | – |
| NovoCure Ltd67011XAB9 | NOTE 11/0 | – | $48.3M | 0.3% | – | – | – |
| Rapid7, Inc.753422AH7 | NOTE 1.250% 3/1 | – | $48.0M | 0.3% | – | – | – |
Sold out since Q4 2024 (49)
Positions held at the end of Q4 2024 that are gone from this filing.
| Security | Class | Shares in Q4 2024 | Value in Q4 2024 | % of portfolio in Q4 2024 | History |
|---|---|---|---|---|---|
| MicroStrategy Inc594972AE1 | NOTE 2/1 | – | $668.7M | 5.5% | – |
| Snap Inc83304AAF3 | NOTE 5/0 | – | $100.1M | 0.8% | – |
| Livent Corp.53814LAB4 | NOTE 4.125% 7/1 | – | $99.2M | 0.8% | – |
| Wayfair Inc.94419LAF8 | NOTE 1.000% 8/1 | – | $98.7M | 0.8% | – |
| Chegg, Inc163092AD1 | NOTE 0.125% 3/1 | – | $92.6M | 0.8% | – |
| SHIFT4 PMTS Inc82452JAD1 | NOTE 0.500% 8/0 | – | $62.2M | 0.5% | – |
| NIO Inc.62914VAF3 | NOTE 0.500% 2/0 | – | $58.5M | 0.5% | – |
| Cheesecake Factory Inc163072AA9 | NOTE 0.375% 6/1 | – | $39.1M | 0.3% | – |
| Lci Inds501812AB7 | NOTE 1.125% 5/1 | – | $37.2M | 0.3% | – |
| Accolade, Inc.00437EAB8 | NOTE 0.500% 4/0 | – | $30.2M | 0.3% | – |
| DDOGDatadog, Inc. | CL A COM | 130,081 | $18.6M | 0.2% | History |
| Bread Financial Holdings, Inc.018581AN8 | NOTE 4.250% 6/1 | – | $12.6M | 0.1% | – |
| Workiva Inc98139AAB1 | NOTE 1.125% 8/1 | – | $10.3M | 0.1% | – |
| Cohen Circle Acquisition CorG3730H122 | UNIT 99/99/9999 | 998,000 | $10.1M | 0.1% | – |
| GSR III Acquisition Corp.G4R103123 | UNIT 99/99/9999 | 998,000 | $10.0M | 0.1% | – |
| LPBBULaunch Two Acquisition Corp. | UNIT 08/22/2029 | 998,000 | $10.0M | 0.1% | History |
| ALDFUAldel Financial II Inc. | UNIT 09/26/2031 | 950,000 | $9.56M | 0.1% | History |
| Block, Inc.852234AJ2 | NOTE 5/0 | – | $9.30M | 0.1% | – |
| NTWOUNewbury Street II Acquisition Corp | UNIT 10/23/2029 | 900,000 | $9.00M | 0.1% | History |
| Mountain Lake Acquisition Corp.G6301B119 | UNIT 11/15/2028 | 875,000 | $8.78M | 0.1% | – |
| BEAGUBold Eagle Acquisition Corp. | UNIT 99/99/9999 | 800,000 | $8.06M | 0.1% | History |
| Jackson Acquisition Co IIG4992A201 | UNIT 99/99/9999 | 800,000 | $8.05M | 0.1% | – |
| BORRBorr Drilling Ltd | SHS | 1,620,841 | $6.32M | 0.1% | History |
| OACCUOaktree Acquisition Corp. III Life Sciences | UNIT 10/04/2029 | 600,000 | $6.09M | 0.1% | History |
| TDACUTranslational Development Acquisition Corp. | UNIT 99/99/9999 | 600,000 | $6.02M | <0.1% | History |
| Bleichroeder Acquisition CorG1169T120 | UNIT 99/99/9999 | 500,000 | $5.03M | <0.1% | – |
| RANGURange Capital Acquisition Corp. | UNIT 12/11/2029 | 500,000 | $5.02M | <0.1% | History |
| Vine Hill Cap Invt Corp.G93Y09123 | UNIT 09/06/2026 | 450,000 | $4.54M | <0.1% | – |
| Willow Lane Acquisition Corp.G9675P128 | UNIT 99/99/9999 | 425,000 | $4.24M | <0.1% | – |
| Altair Engr Inc021369AC7 | NOTE 1.750% 6/1 | – | $3.60M | <0.1% | – |
| POLEUAndretti Acquisition Corp. II | UNIT 99/99/9999 | 300,000 | $3.01M | <0.1% | History |
| FACTUFACT II Acquisition Corp. | UNIT 99/99/9999 | 300,000 | $2.99M | <0.1% | History |
| DRDBURoman DBDR Acquisition Corp. II | UNIT 99/99/9999 | 300,000 | $2.99M | <0.1% | History |
| TAVIUTavia Acquisition Corp. | UNIT 99/99/9999 | 250,000 | $2.51M | <0.1% | History |
| Veeco Instrs Inc Del922417AG5 | NOTE 3.500% 1/1 | – | $2.48M | <0.1% | – |
| iQIYI, Inc.46267XAD0 | NOTE 2.000% 4/0 | – | $1.49M | <0.1% | – |
| Inflection PT Acquisitn CRPG4790U110 | *W EXP 08/31/202 | 1,250,000 | $612.5K | <0.1% | – |
| ULSUL Solutions Inc. | CLASS A COM SHS | 5,802 | $289.4K | <0.1% | History |
| Alpha Partners Tech Mergr CoG63290103 | *W EXP 03/31/202 | 1,500,000 | $250.3K | <0.1% | – |
| Cartica Acquisition CorpG1995D117 | *W EXP 04/30/202 | 300,000 | $90.0K | <0.1% | – |
| RF Acquisition Corp74954L120 | RIGHT 05/01/2028 | 375,000 | $51.6K | <0.1% | – |
| Mars Acquisition Corp.G5870E124 | RIGHT 02/09/2028 | 60,000 | $21.6K | <0.1% | – |
| RF Acquisition Corp74954L112 | *W EXP 05/01/202 | 375,000 | $16.6K | <0.1% | – |
| VMCWFValuence Merger Corp. I | *W EXP 02/18/202 | 375,000 | $15.9K | <0.1% | History |
| BYNOWbyNordic Acquisition Corp | *W EXP 07/01/202 | 349,999 | $14.9K | <0.1% | History |
| iLearningEngines, Inc.45175Q114 | *W EXP 04/16/202 | 649,950 | $10.7K | <0.1% | – |
| Papaya GRWT Opportunity Corp69882P110 | *W EXP 12/31/202 | 400,000 | $10.4K | <0.1% | – |
| Leafly Holdings, Inc.52178J113 | EQUITY WRT | 339,123 | $5.76K | <0.1% | – |
| LFLYLeafly Holdings, Inc. | COM NEW | 1,500 | $2.12K | <0.1% | History |