Polygon Management Ltd.
- SEC CIK
- 0001515070
- Latest filing
- Aug 12, 2026
Holdings in Q1 2022
Holdings as of Mar 31, 2022, filed May 16, 2022. Long positions only; changes compare share counts with Q4 2021.
- Positions
- 221
- +10 vs. Q4 2021
- Portfolio value
- $2.20B
- +$554.2M (+33.6%) vs. Q4 2021
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Envista Holdings Corp29415FAB0 | NOTE 2.375% 6/0 | – | $133.1M | 6.0% | – | – | – |
| Chesapeake Energy Corp165167172 | *W EXP 99/99/999 | 2,210,833 | $131.5M | 6.0% | +1,914,755+646.7% | Added | – |
| American Eagle Outfitters IN02553EAB2 | NOTE 3.750% 4/1 | – | $100.3M | 4.5% | – | – | – |
| Chesapeake Energy Corp165167164 | *W EXP 99/99/999 | 1,557,625 | $99.6M | 4.5% | +574,817+58.5% | Added | – |
| Palo Alto Networks Inc697435AF2 | NOTE 0.375% 6/0 | – | $83.4M | 3.8% | – | – | – |
| Cytokinetics Inc23282WAA8 | NOTE 4.000%11/1 | – | $82.9M | 3.8% | – | – | – |
| Chesapeake Energy Corp165167180 | *W EXP 03/01/202 | 1,421,642 | $79.0M | 3.6% | +1,411,758+14,283.3% | Added | – |
| Snap Inc83304AAB2 | NOTE 0.750% 8/0 | – | $65.6M | 3.0% | – | – | – |
| Cutera Inc232109AB4 | NOTE 2.250% 3/1 | – | $61.8M | 2.8% | – | New | – |
| Arch Resources, Inc.039389AB7 | NOTE 5.250%11/1 | – | $55.4M | 2.5% | – | – | – |
| Nortonlifelock Inc668771AB4 | NOTE 2.000% 8/1 | – | $52.6M | 2.4% | – | New | – |
| NCL Corp Ltd62886HAT8 | NOTE 6.000% 5/1 | – | $47.7M | 2.2% | – | – | – |
| World Wrestling Entmt Inc98156QAB4 | NOTE 3.375%12/1 | – | $38.4M | 1.7% | – | – | – |
| United States STL Corp New912909AT5 | NOTE 5.000%11/0 | – | $38.1M | 1.7% | – | – | – |
| Allegheny Technologies Inc01741RAK8 | NOTE 3.500% 6/1 | – | $37.8M | 1.7% | – | – | – |
| BALYBally's Corp | COM | 1,200,001 | $36.9M | 1.7% | +725,001+152.6% | Added | History |
| Nice Sys Inc65366HAB9 | NOTE 1.250% 1/1 | – | $35.5M | 1.6% | – | – | – |
| MongoDB, Inc.60937PAD8 | NOTE 0.250% 1/1 | – | $35.4M | 1.6% | – | – | – |
| Insulet Corp45784PAK7 | NOTE 0.375% 9/0 | – | $33.2M | 1.5% | – | – | – |
| Silicon Laboratories Inc.826919AD4 | NOTE 0.625% 6/1 | – | $29.5M | 1.3% | – | – | – |
| Guardant Health, Inc.40131MAB5 | NOTE 11/1 | – | $29.5M | 1.3% | – | – | – |
| Akamai Technologies Inc00971TAJ0 | NOTE 0.125% 5/0 | – | $28.1M | 1.3% | – | – | – |
| National Vision Hldgs Inc63845RAB3 | NOTE 2.500% 5/1 | – | $28.0M | 1.3% | – | – | – |
| Lyft, Inc.55087PAB0 | NOTE 1.500% 5/1 | – | $25.0M | 1.1% | – | – | – |
| MicroStrategy Inc594972AC5 | NOTE 0.750%12/1 | – | $23.8M | 1.1% | – | – | – |
| SNOWSnowflake Inc. | Stock | 100,000 | $22.9M | 1.0% | +98,411+6,193.3% | Added | History |
| Eagle Bulk Shipping Inc.269442AB5 | CONVERTIBLE BOND | – | $22.8M | 1.0% | – | – | – |
| PATHUiPath, Inc. | Stock | 1,000,000 | $21.6M | 1.0% | +1,000,000 | New | History |
| Ligand Pharmaceuticals Inc53220KAF5 | NOTE 0.750% 5/1 | – | $21.1M | 1.0% | – | – | – |
| Austerlitz Acquisition CorpG0633U101 | COM CL A | 1,927,600 | $18.9M | 0.9% | +1,427,600+285.5% | Added | – |
| TAKTakeda Pharmaceutical Co Ltd | ADR | 1,275,656 | $18.3M | 0.8% | 00.0% | Unchanged | History |
| Datadog, Inc.23804LAB9 | NOTE 0.125% 6/1 | – | $17.7M | 0.8% | – | – | – |
| Antero Resources Corp03674XAM8 | NOTE 4.250% 9/0 | – | $17.7M | 0.8% | – | – | – |
| PetIQ, Inc.71639TAB2 | NOTE 4.000% 6/0 | – | $16.4M | 0.7% | – | – | – |
| DocuSign, Inc.256163AD8 | NOTE 1/1 | – | $16.3M | 0.7% | – | New | – |
| PINGPing Identity Holding Corp. | COM | 575,000 | $15.8M | 0.7% | −25,000−4.2% | Reduced | History |
| Splunk Inc848637AD6 | NOTE 1.125% 9/1 | – | $15.0M | 0.7% | – | – | – |
| 2U, LLC90214JAB7 | NOTE 2.250% 5/0 | – | $14.2M | 0.6% | – | – | – |
| AUTLAutolus Therapeutics plc | SPON ADS | 2,825,937 | $11.8M | 0.5% | +125,937+4.7% | Added | History |
| Tailwind Internatnal Acq CorG8662F101 | COM CL A | 1,171,000 | $11.5M | 0.5% | +771,000+192.8% | Added | – |
| CRWDCrowdStrike Holdings, Inc. | Stock | 50,000 | $11.4M | 0.5% | +50,000 | New | History |
| VAQCVector Acquisition Corp II | CL A SHS | 1,125,330 | $11.0M | 0.5% | +375,000+50.0% | Added | History |
| MicroStrategy Inc594972AE1 | NOTE 2/1 | – | $10.7M | 0.5% | – | New | – |
| KKR Acquisition Holding I Co48253T109 | COM CLASS A | 1,074,802 | $10.6M | 0.5% | 00.0% | Unchanged | – |
| TCW Special Purpose Acqu Cor87301L106 | COM CL A | 1,073,982 | $10.5M | 0.5% | +423,982+65.2% | Added | – |
| FVIVFortress Value Acquisition Corp. IV | COM CL A | 1,067,595 | $10.5M | 0.5% | 00.0% | Unchanged | History |
| Zeo Energy Corp.G3R95N103 | SHS CL A | 1,003,531 | $10.0M | 0.5% | +503,531+100.7% | Added | – |
| Cree Inc225447AD3 | NOTE 1.750% 5/0 | – | $10.0M | 0.5% | – | – | – |
| ROSSBPGC Acquisition Corp. | SHS CL A | 987,493 | $9.70M | 0.4% | +312,000+46.2% | Added | History |
| Ahren Acquisition Corp.G01322109 | CLASS A ORD SHS | 970,000 | $9.62M | 0.4% | +970,000 | New | – |
| Heska Corp42805EAB4 | NOTE 3.750% 9/1 | – | $9.45M | 0.4% | – | – | – |
| Allscripts Healthcare Solutn01988PAF5 | NOTE 0.875% 1/0 | – | $9.41M | 0.4% | – | New | – |
| Austerlitz Acquisition CorpG0633D109 | SHS CL A | 947,626 | $9.31M | 0.4% | +632,126+200.4% | Added | – |
| Peridot Acquisition Corp. IIG7008B105 | SHS CL A | 915,000 | $8.95M | 0.4% | +215,000+30.7% | Added | – |
| BridgeBio Pharma, Inc.10806XAB8 | NOTE 2.500% 3/1 | – | $8.94M | 0.4% | – | – | – |
| Spotify USA Inc84921RAB6 | NOTE 3/1 | – | $8.57M | 0.4% | – | New | – |
| Corenergy Infrastructure Tr21870UAC0 | NOTE 5.875% 8/1 | – | $8.53M | 0.4% | – | – | – |
| Airship AI Holdings, Inc.G1R25Q105 | CLASS A ORD SHS | 862,500 | $8.43M | 0.4% | +12,500+1.5% | Added | – |
| Pathfinder Acquisition CorpG04119106 | CL A | 845,619 | $8.28M | 0.4% | +210,000+33.0% | Added | – |
| Snap Inc83304AAD8 | NOTE 0.250% 5/0 | – | $8.06M | 0.4% | – | – | – |
| Coupa Software Inc22266LAC0 | NOTE 0.125% 6/1 | – | $7.80M | 0.4% | – | – | – |
| LYFTLyft, Inc. | CL A COM | 200,000 | $7.68M | 0.3% | +100,000+100.0% | Added | History |
| Virgin Group Acquisit Corp IG9460K102 | SHS CL A | 750,000 | $7.39M | 0.3% | 00.0% | Unchanged | – |
| G Squared Ascend I IncG4204R109 | SHS CL A | 750,000 | $7.39M | 0.3% | 00.0% | Unchanged | – |
| Tio Tech AG8T10C106 | CLASS A ORD SHS | 750,600 | $7.35M | 0.3% | +250,600+50.1% | Added | – |
| WPCBWarburg Pincus Capital Corp I-B | SHS CL A | 747,000 | $7.34M | 0.3% | 00.0% | Unchanged | History |
| RCACRevelstone Capital Acquisition Corp. | CLASS A COM | 750,000 | $7.33M | 0.3% | +750,000 | New | History |
| Accelerate Acquisition Corp.00439D102 | COM CL A | 750,000 | $7.32M | 0.3% | 00.0% | Unchanged | – |
| Corsair Partnering CorpG2540H108 | SHS CL A | 712,762 | $6.92M | 0.3% | +212,762+42.6% | Added | – |
| Health Catalyst, Inc.42225TAB3 | NOTE 2.500% 4/1 | – | $6.87M | 0.3% | – | – | – |
| LGVLongview Acquisition Corp. II | COM CL A | 675,000 | $6.59M | 0.3% | +25,000+3.8% | Added | History |
| HAIAHealthcare AI Acquisition Corp. | CLASS A ORD SHS | 644,549 | $6.39M | 0.3% | +644,549 | New | History |
| Summit Healthcre Acquistn CoG8566R102 | CLASS A ORD SHS | 645,000 | $6.26M | 0.3% | +270,000+72.0% | Added | – |
| HERAFTAC Hera Acquisition Corp. | CLASS A ORD SHS | 625,000 | $6.12M | 0.3% | +25,000+4.2% | Added | History |
| Gores Holdings VII Inc38286T101 | COM CL A | 623,700 | $6.11M | 0.3% | 00.0% | Unchanged | – |
| Independence Holdings CorpG4761A101 | CLASS A ORD SHS | 612,500 | $6.00M | 0.3% | +12,500+2.1% | Added | – |
| CHAACatcha Investment Corp | SHS CL A | 600,368 | $5.88M | 0.3% | +192,500+47.2% | Added | History |
| DHB Capital Corp23291W109 | CL A COM | 587,267 | $5.73M | 0.3% | +12,390+2.2% | Added | – |
| World Quantum Growth AcquisiG5596W101 | SHS CL A | 575,000 | $5.69M | 0.3% | +200,000+53.3% | Added | – |
| Heartland Media Acquisition Corp.42237V108 | CL A COM | 575,000 | $5.68M | 0.3% | +575,000 | New | – |
| Forbion European Acqustn CorG3619H102 | CLASS A ORD SHS | 550,000 | $5.48M | 0.2% | +550,000 | New | – |
| Agile Growth Corp.G01202103 | CLASS A ORD | 556,632 | $5.44M | 0.2% | 00.0% | Unchanged | – |
| Intrexon Corp46122TAA0 | NOTE 3.500% 7/0 | – | $5.38M | 0.2% | – | – | – |
| Sandbridge X2 Corp799792106 | COM CLASS A | 550,000 | $5.36M | 0.2% | 00.0% | Unchanged | – |
| Silver Spike Acquisitn CorpG8201H105 | CLASS A ORD SHS | 530,200 | $5.19M | 0.2% | 00.0% | Unchanged | – |
| Cazoo Group LtdG2007L105 | COM | 1,835,220 | $5.07M | 0.2% | +1,835,220 | New | – |
| THCPThunder Bridge Capital Partners IV, Inc. | CLASS A COM | 500,000 | $4.94M | 0.2% | 00.0% | Unchanged | History |
| TPG Pace Beneficial II CorpG89826104 | COMMON STOCK | 500,000 | $4.91M | 0.2% | 00.0% | Unchanged | – |
| TCVATCV Acquisition Corp. | CL A SHS | 500,000 | $4.88M | 0.2% | 00.0% | Unchanged | History |
| BSKYBig Sky Growth Partners, Inc. | CLASS A COM | 500,000 | $4.86M | 0.2% | 00.0% | Unchanged | History |
| PFTAPerception Capital Corp. III | CLASS A ORD SHS | 487,506 | $4.78M | 0.2% | 00.0% | Unchanged | History |
| Bandwidth Inc.05988JAB9 | NOTE 0.250% 3/0 | – | $4.73M | 0.2% | – | – | – |
| Livent Corp.53814LAB4 | NOTE 4.125% 7/1 | – | $4.65M | 0.2% | – | – | – |
| Post Holdings Partnering Cor737465104 | COM SER A | 450,000 | $4.40M | 0.2% | 00.0% | Unchanged | – |
| Gores Technology Partners II38287L107 | CLASS A COM | 440,922 | $4.31M | 0.2% | 00.0% | Unchanged | – |
| Carnival Corp143658BE1 | NOTE 5.750% 4/0 | – | $4.26M | 0.2% | – | – | – |
| Twitter, Inc.90184LAN2 | NOTE 3/1 | – | $4.24M | 0.2% | – | New | – |
| LCALandcadia Holdings IV, Inc. | CLASS A COM | 422,441 | $4.15M | 0.2% | +22,441+5.6% | Added | History |
| Freeline Therapeutics Hldgs35655L107 | SPONSORED ADS | 3,700,000 | $4.14M | 0.2% | +2,177,141+143.0% | Added | – |
| Sound Point Acquisition CorpG8274F127 | UNIT 02/25/2027 | 400,000 | $4.02M | 0.2% | +400,000 | New | – |
Options (2)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
| Security | Class | Puts | Calls |
|---|---|---|---|
| GEOGeo Group Inc | COM | – | $165.0K |
| iShares Tr464288513 | IBOXX HI YD ETF | $160.0K | – |
Sold out since Q4 2021 (22)
Positions held at the end of Q4 2021 that are gone from this filing.
| Security | Class | Shares in Q4 2021 | Value in Q4 2021 | % of portfolio in Q4 2021 | History |
|---|---|---|---|---|---|
| Nuance Communications, Inc.67020YAK6 | DBCV 1.000%12/1 | – | $28.6M | 1.7% | – |
| Allegheny Technologies Inc01741RAG7 | NOTE 4.750% 7/0 | – | $15.6M | 0.9% | – |
| Cinemark Hldgs Inc17243VAB8 | NOTE 4.500% 8/1 | – | $8.70M | 0.5% | – |
| Ahren Acquisition Corp.G01322117 | UNIT 12/09/2026 | 750,000 | $7.51M | 0.5% | – |
| Revelstone Capital Acquisition Corp.76137R205 | UNIT 12/17/2026 | 750,000 | $7.41M | 0.4% | – |
| Zillow Group, Inc.98954MAH4 | NOTE 2.750% 5/1 | – | $6.46M | 0.4% | – |
| Healthcare AI Acquisition Corp.G4373K125 | UNIT 12/07/2026 | 500,000 | $5.00M | 0.3% | – |
| Zillow Group, Inc.98954MAG6 | NOTE 1.375% 9/0 | – | $4.92M | 0.3% | – |
| Forbion European Acqustn CorG3619H128 | UNIT 12/10/2026 | 450,000 | $4.58M | 0.3% | – |
| Okta, Inc.679295AD7 | NOTE 0.125% 9/0 | – | $3.40M | 0.2% | – |
| NovoCure Ltd67011XAB9 | NOTE 11/0 | – | $2.77M | 0.2% | – |
| Wayfair Inc.94419LAF8 | NOTE 1.000% 8/1 | – | $2.26M | 0.1% | – |
| Ascendant Digital Acq Corp IG05157121 | UNIT 99/99/9999 | 200,000 | $2.03M | 0.1% | – |
| SONDSonder Holdings Inc. | CL A | 142,195 | $1.42M | 0.1% | History |
| CBL & Associates Holdco II L12511CAC4 | NOTE 7.000%11/1 | – | $1.01M | 0.1% | – |
| Spartan Acquisition Corp. III84677R106 | COM CL A | 97,313 | $960.0K | 0.1% | – |
| Bridgetown 2 Holdings LtdG1355V103 | CL A | 69,739 | $691.0K | <0.1% | – |
| Longview Acquisition Corp. II54319Q113 | *W EXP 99/99/999 | 130,000 | $110.0K | <0.1% | – |
| Decarbonization Plus Acqu II242794105 | COM CL A | 10,000 | $100.0K | <0.1% | – |
| Gores Metropoulos II Inc382873115 | *W EXP 01/31/202 | 18,898 | $36.0K | <0.1% | – |
| Spartan Acquisition Corp. III84677R114 | *W EXP 02/04/202 | 24,328 | $35.0K | <0.1% | – |
| Compute Health Acquisitin Co204833115 | *W EXP 01/25/202 | 6,250 | $6.00K | <0.1% | – |