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Livermore
Livermore
ZHEN

Shaolin Capital Management LLC

SEC CIK
0001766806
Latest filing
Aug 14, 2026

Holdings in Q4 2024

Holdings as of Dec 31, 2024, filed Feb 14, 2025. Long positions only; changes compare share counts with Q3 2024.

Institution overview
Positions
206
−50 vs. Q3 2024
Portfolio value
$3.25B
+$943.0M (+40.9%) vs. Q3 2024
Filed
Feb 14, 2025
SEC
Holdings of Shaolin Capital Management LLC in Q4 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
Palo Alto Networks Inc697435AF2NOTE 0.375% 6/0–$366.0M11.3%–––
On Semiconductor Corp682189AS4NOTE 5/0–$219.6M6.8%–––
CNX Res Corp12653CAG3NOTE 2.250% 5/0–$174.4M5.4%–––
HPE.PCHewlett Packard Enterprise Co7.625 MAND CONV2,500,000$154.7M4.8%+2,500,000NewHistory
Cree Inc225447AD3NOTE 1.750% 5/0–$146.3M4.5%–––
Southern Co842587DP9NOTE 3.875%12/1–$146.1M4.5%–––
MIDDLEBY Corp596278AB7NOTE 1.000% 9/0–$131.0M4.0%–––
Duke Energy CORP26441CBY0NOTE 4.125% 4/1–$125.6M3.9%–––
Firstenergy Corp337932AR8NOTE 4.000% 5/0–$118.0M3.6%–––
Evergy, Inc.30034WAD8NOTE 4.500%12/1–$108.7M3.3%–New–
Integra Lifesciences Hldgs C457985AM1NOTE 0.500% 8/1–$108.1M3.3%–New–
Dropbox, Inc.26210CAD6NOTE 3/0–$96.9M3.0%–––
Datadog, Inc.23804LAB9NOTE 0.125% 6/1–$96.3M3.0%–––
ARES.PBAres Management Corp6.75 SE B PFD1,433,687$80.8M2.5%+1,433,687NewHistory
NEENextera Energy IncStock1,097,852$78.7M2.4%+125,774+12.9%AddedHistory
Akamai Technologies Inc00971TAJ0NOTE 0.125% 5/0–$77.2M2.4%–––
Air Trans Svcs Group Inc00922RAD7NOTE 3.875% 8/1–$74.4M2.3%–New–
MSTRStrategy IncStock250,498$72.5M2.2%+2,998+1.2%AddedHistory
Post Hldgs Inc737446AT1NOTE 2.500% 8/1–$66.9M2.1%–––
HCI Group, Inc.40416EAF0NOTE 4.750% 6/0–$65.4M2.0%–––
Apollo Global Mgmt Inc03769M304SER A MAND CNV650,000$56.6M1.7%+650,000New–
Pebblebrook Hotel Tr70509VAA8NOTE 1.750%12/1–$51.4M1.6%–––
NEE.PSNextera Energy IncUNIT 06/01/2027918,874$44.9M1.4%+918,874NewHistory
Magnite, Inc.55955DAB6NOTE 0.250% 3/1–$38.1M1.2%–––
Penn Natl Gaming Inc707569AU3NOTE 2.750% 5/1–$37.8M1.2%–New–
BABoeing CoStock196,980$34.9M1.1%+196,980NewHistory
American Airls Group Inc02376RAF9NOTE 6.500% 7/0–$32.2M1.0%–New–
KIM.PNKimco Realty CorpDP CV CL N 7.25%442,117$27.5M0.8%+179,617+68.4%AddedHistory
Dropbox, Inc.26210CAC8NOTE 3/0–$27.2M0.8%–New–
SPYSPDR S&P 500 ETF TrustETF37,500$22.0M0.7%+37,500NewHistory
PCG.PXPG&E CorpPFD CONV SER A434,000$21.7M0.7%+434,000NewHistory
PureCycle Technologies, Inc.74623VAB9NOTE 7.250% 8/1–$20.7M0.6%–New–
Workiva Inc98139AAB1NOTE 1.125% 8/1–$19.8M0.6%–––
GSR III Acquisition Corp.G4R103123UNIT 99/99/99991,732,900$17.4M0.5%+1,732,900New–
TheRealReal, Inc.88339PAD3NOTE 1.000% 3/0–$17.4M0.5%–––
Green Plains Inc.393222AK0NOTE 2.250% 3/1–$17.3M0.5%–––
Gossamer Bio, Inc.38341PAA0NOTE 5.000% 6/0–$16.2M0.5%–––
Dynavax Technologies Corp268158AD4NOTE 2.500% 5/1–$13.1M0.4%–New–
Bitdeer Technologies Group09175RAA8NOTE 8.500% 8/1–$11.3M0.3%–New–
Beyond Meat, Inc.08862EAB5NOTE 3/1–$10.5M0.3%–––
SHIFT4 PMTS Inc82452JAB5NOTE 12/1–$10.1M0.3%–New–
DRDBURoman DBDR Acquisition Corp. IIUNIT 99/99/99991,000,000$9.97M0.3%+1,000,000NewHistory
Winnebago Inds Inc974637AB6NOTE 1.500% 4/0–$9.27M0.3%–––
CTO Realty Growth, Inc.210226AD8CV–$8.84M0.3%–New–
CLSKCleanspark, Inc.COM NEW929,300$8.56M0.3%+929,300NewHistory
Jackson Acquisition Co IIG4992A201UNIT 99/99/9999850,000$8.55M0.3%+850,000New–
Liberty Media Corp531229AQ5NOTE 2.250% 8/1–$7.95M0.2%–New–
FACTUFACT II Acquisition Corp.UNIT 99/99/9999700,000$6.99M0.2%+700,000NewHistory
ALDFAldel Financial II Inc.CL A700,000$6.95M0.2%+700,000NewHistory
FTWPresidio Production CoCL A ORD SHS599,544$5.98M0.2%+599,544NewHistory
Centerpoint Energy Inc15189TBD8NOTE 4.250% 8/1–$5.80M0.2%–New–
Willow Lane Acquisition Corp.G9675P128UNIT 99/99/9999550,000$5.49M0.2%+550,000New–
OACCOaktree Acquisition Corp. III Life SciencesSHS CL A550,000$5.48M0.2%+550,000NewHistory
TheRealReal, Inc.88339PAB7NOTE 3.000% 6/1–$5.14M0.2%–––
Cohen Circle Acquisition CorG3730H106SHS CL A500,000$5.00M0.2%+500,000New–
MRLNMerlin, Inc.SHS CL A0$4.93M0.2%0NewHistory
Zynga Inc98986TAD0NOTE 12/1–$4.56M0.1%–––
Mountain Lake Acquisition Corp.G6301B119UNIT 11/15/2028445,000$4.46M0.1%+445,000New–
BEAGBold Eagle Acquisition Corp.CL A450,000$4.44M0.1%+450,000NewHistory
NTWOUNewbury Street II Acquisition CorpUNIT 10/23/2029440,000$4.40M0.1%+440,000NewHistory
Teladoc Health, Inc.87918AAF2NOTE 1.250% 6/0–$4.37M0.1%–––
TAVIUTavia Acquisition Corp.UNIT 99/99/9999425,000$4.27M0.1%+425,000NewHistory
Capital Southwest Corp140501AE7NOTE 5.125%11/1–$3.89M0.1%–New–
TDACUTranslational Development Acquisition Corp.UNIT 99/99/9999375,000$3.76M0.1%+375,000NewHistory
APLDApplied Digital Corp.COM NEW433,200$3.31M0.1%+433,200NewHistory
Omnicell Com68213NAD1NOTE 0.250% 9/1–$3.23M0.1%–New–
Voyager Acquisition CorpG93A7H104CL A300,000$3.01M0.1%+300,000New–
FRNMFreenome, Inc.CL A ORD SHS250,000$2.54M0.1%−165,083−39.8%ReducedHistory
DYNCDynamix CorpSHS CL A250,000$2.45M0.1%+250,000NewHistory
DT Cloud Acquisition CorpG28524117ORD SHS225,000$2.35M0.1%−225,000−50.0%Reduced–
EURKEureka Acquisition CorpSHS CL A200,000$2.03M0.1%00.0%UnchangedHistory
DTSQDT Cloud Star Acquisition CorpSHS200,000$2.01M0.1%00.0%UnchangedHistory
FVNFuture Vision II Acquisition Corp.SHS200,000$2.00M0.1%+200,000NewHistory
LPBBLaunch Two Acquisition Corp.ORD SHS CL A200,000$1.99M0.1%+200,000NewHistory
Jvspac Acquisition CorpG5212E105SHS CL A175,000$1.82M0.1%−176,882−50.3%Reduced–
MARAMARA Holdings, Inc.COM107,500$1.80M0.1%−1,182−1.1%ReducedHistory
CAPNCayson Acquisition CorpSHS175,000$1.76M0.1%+175,000NewHistory
Horizon Space Acquisition II Corp.G4627B129UNIT 11/04/2029175,000$1.76M0.1%+175,000New–
RANGURange Capital Acquisition Corp.UNIT 12/11/2029172,340$1.73M0.1%+172,340NewHistory
PGACUPantages Capital Acquisition CorpUNIT 99/99/9999160,000$1.60M<0.1%+160,000NewHistory
AA Mission Acquisition Corp.G1000R101ORD SHS CL A150,000$1.51M<0.1%−500,000−76.9%Reduced–
SBXDSilverBox Corp IVSHS CL A150,000$1.51M<0.1%+150,000NewHistory
LPAALaunch One Acquisition Corp.SHS CLASS A150,000$1.51M<0.1%−200,000−57.1%ReducedHistory
POLEAndretti Acquisition Corp. IIUNIT 99/99/9999145,000$1.45M<0.1%+145,000NewHistory
CHARCharlton Aria Acquisition CorpORD SHS CL A125,000$1.25M<0.1%+125,000NewHistory
DDOGDatadog, Inc.CL A COM7,700$1.10M<0.1%+7,700NewHistory
Churchill Capital Corp IX/CaymanG21301109CL A SHS100,000$1.03M<0.1%−236,935−70.3%Reduced–
BTMBitcoin Depot Inc.COM634,600$1.03M<0.1%−65,000−9.3%ReducedHistory
VLOSVelos Acquisition I Corp.CL A100,000$1.01M<0.1%−425,000−81.0%ReducedHistory
VCICOdysseus (Cayman) LtdORD SHS CL A100,000$1.00M<0.1%+100,000NewHistory
CHTRCharter Communications, Inc.CL A2,700$925.5K<0.1%+2,700NewHistory
ADGMAdagio Medical Holdings, Inc.COM197,500$207.4K<0.1%+57,500+41.1%AddedHistory
Agriculture & Nat Sol Acq CoG0131Y118*W EXP 10/01/202755,000$203.8K<0.1%−20,000−2.6%Reduced–
Inflection PT Acquisitn CRPG4790U110*W EXP 08/31/202410,190$201.0K<0.1%−19,810−4.6%Reduced–
WOLFWolfspeed, Inc.Stock25,000$166.5K<0.1%+25,000NewHistory
Composecure Inc20459V113*W EXP 12/27/20234,000$158.1K<0.1%−116,000−77.3%Reduced–
Churchill Capital Corp IX/CaymanG21301117*W EXP 03/31/203300,216$155.5K<0.1%+33,217+12.4%Added–
BEAGRBold Eagle Acquisition Corp.RIGHT 10/11/2029652,300$146.8K<0.1%+652,300NewHistory
Abacus Life Inc00258Y112EQUITY WRT130,640$137.2K<0.1%−144,360−52.5%Reduced–
REALTheRealReal, Inc.COM12,288$134.3K<0.1%−17,464−58.7%ReducedHistory

Options (13)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Shaolin Capital Management LLC in Q4 2024
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$879.1M–
MSTRStrategy IncStock$317.7M–
PCTPureCycle Technologies, Inc.COM$130.7M–
NEENextera Energy IncStock–$98.6M
WOLFWolfspeed, Inc.Stock$16.6M–
BTDRBitdeer Technologies GroupCL A ORD SHS$13.5M–
KIMKimco Realty CorpCOM$5.88M–
GRPNGroupon, Inc.COM NEW$3.52M–
SMCISuper Micro Computer, Inc.Stock–$3.05M
REALTheRealReal, Inc.COM$2.73M–
MARAMARA Holdings, Inc.COM$2.52M–
PCRXPacira BioSciences, Inc.COM–$2.35M
PSECProspect Capital CorpCOM$1.08M–

Sold out since Q3 2024 (124)

Positions held at the end of Q3 2024 that are gone from this filing.

The largest 100 of 124 by value last quarter.

Positions of Shaolin Capital Management LLC sold out since Q3 2024
SecurityClassShares in Q3 2024Value in Q3 2024% of portfolio in Q3 2024History
Liberty Media Corp531229AP7NOTE 3.750% 3/1–$51.7M2.2%–
Seagate HDD Cayman81180WBL4NOTE 3.500% 6/0–$50.2M2.2%–
Zillow Group, Inc.98954MAG6NOTE 1.375% 9/0–$49.8M2.2%–
Spirit Airls Inc848577AB8NOTE 1.000% 5/1–$32.0M1.4%–
3D Sys Corp Del88554DAD8NOTE 11/1–$25.1M1.1%–
Atlantica Sustainable Infra04916EAB0NOTE 4.000% 7/1–$19.7M0.9%–
Xometry, Inc.98423FAB5NOTE 1.000% 2/0–$19.3M0.8%–
Fluidigm Corp Del34385PAF5NOTE 5.250%12/0–$12.6M0.5%–
Presidio MidCo Inc.G3106N125UNIT 99/99/99991,175,000$11.7M0.5%–
Sunnova Energy Intl Inc.86745KAH7NOTE 2.625% 2/1–$10.8M0.5%–
Guidewire Software, Inc.40171VAA8NOTE 1.250% 3/1–$9.07M0.4%–
Ziff Davis, Inc.48123VAE2NOTE 1.750%11/0–$8.81M0.4%–
Voyager Acquisition CorpG93A7H120UNIT 99/99/9999725,000$7.25M0.3%–
National Vision Hldgs Inc63845RAB3NOTE 2.500% 5/1–$4.89M0.2%–
RENEFCartesian Growth Corp IICLASS A ORD397,555$4.56M0.2%History
SilverBox Corp IVG81354113UNIT 99/99/9999450,000$4.51M0.2%–
USARUSA Rare Earth, Inc.CL A ORD SHS400,000$4.30M0.2%History
Vine Hill Cap Invt Corp.G93Y09123UNIT 09/06/2026344,924$3.45M0.1%–
AFJKAimei Health Technology Co., Ltd.SHS300,000$3.14M0.1%History
FVNNUFuture Vision II Acquisition Corp.UNIT 06/20/2029300,000$3.00M0.1%History
AI Transn Acquisition CorpG01490112ORD SHS255,775$2.68M0.1%–
BKHABlack Hawk Acquisition CorpUSD CL A SHS250,000$2.56M0.1%History
Arbor Realty Trust Inc038923BA5NOTE 7.500% 8/0–$2.53M0.1%–
Global Lights Acquisition CoG3937F101ORD SHS217,504$2.28M0.1%–
CUBLionheart HoldingsSHS CL A225,000$2.25M0.1%History
Black Spade Acquisition II CG1153L125UNIT 02/15/2029225,000$2.24M0.1%–
YHNAUYHN Acquisition I LtdUNIT 08/15/2029200,000$2.00M0.1%History
BFACBattery Future Acquisition Corp.CL A ORD SHS175,000$1.94M0.1%History
CAPNUCayson Acquisition CorpUNIT 99/99/9999175,000$1.75M0.1%History
POLEUAndretti Acquisition Corp. IIUNIT 99/99/9999175,000$1.75M0.1%History
TONTGraf Global Corp.ORD SHS CL A150,000$1.50M0.1%History
SIMASIM Acquisition Corp. ISHS CL A150,000$1.50M0.1%History
SVIISpring Valley Acquisition Corp. IICLASS A ORD125,000$1.40M0.1%History
Alphatime Acquisition CorpG0223V105ORDINARY SHARES125,002$1.40M0.1%–
ISRLFIsrael Acquisitions CorpCLASS A ORD124,605$1.40M0.1%History
HCM II Acquisition CorpG43658114UNIT 99/99/9999125,000$1.25M0.1%–
Spirit Airls Inc848577AA0NOTE 4.750% 5/1–$1.20M0.1%–
BOWNBowen Acquisition CorpSHS100,000$1.07M<0.1%History
RCFAPerception Capital Corp. IVCL A COM80,000$916.8K<0.1%History
NETDNabors Energy Transition Corp. IICL A75,000$799.5K<0.1%History
Rigel Resource Acq CorpG7573M114*W EXP 99/99/9991,029,267$360.2K<0.1%–
SNOWSnowflake Inc.Stock3,000$344.6K<0.1%History
FLDDWFold Holdings, Inc.*W EXP 10/19/202800,000$160.0K<0.1%History
FLYYSpirit Aviation Holdings, Inc.COM49,092$117.8K<0.1%History
United Homes Group, Inc.91060H116*W EXP 01/28/202100,000$100.0K<0.1%–
ExcelFin Acquisition Corp.30069X110*W EXP 10/25/202642,817$95.9K<0.1%–
Qomolangma Acquisition Corp.74738V121RIGHT 09/29/2027400,000$80.0K<0.1%–
Global Star Acquisition Inc.37962G128RIGHT 06/21/2024500,000$65.0K<0.1%–
Burtech Acquisition Corp123013112*W EXP 12/18/202310,356$62.0K<0.1%–
Bannix Acquisition Corp066644121RIGHT 07/31/2026500,000$59.0K<0.1%–
Broad Capital Acquisition Corp11125B110RIGHT 01/10/2027500,000$50.1K<0.1%–
Swiftmerge Acquisition CorpG63836111*W EXP 12/13/202703,220$47.8K<0.1%–
Gores Holdings IX, Inc.38287A119*W EXP 01/14/202592,318$44.4K<0.1%–
MCAGRMountain Crest Acquisition Corp. VRIGHT 08/30/2022426,575$44.2K<0.1%History
BTDRBitdeer Technologies GroupCL A ORD SHS5,000$39.1K<0.1%History
RCF Acquisition CorpG7330C110*W EXP 99/99/999768,923$38.7K<0.1%–
Globalink Invt Inc37892F117RIGHT 12/06/2026300,450$36.1K<0.1%–
RF Acquisition Corp74954L120RIGHT 05/01/2028300,000$36.0K<0.1%–
FBYDWFalcon's Beyond Global, Inc.*W EXP 03/16/20231,893$34.4K<0.1%History
Global Technolgy Acqstn CorpG3934N115*W EXP 10/19/202649,488$33.0K<0.1%–
Silverbox Corp III82836N115*W EXP 02/28/202327,910$32.8K<0.1%–
Inception Growth Acqustn Ltd45333D120RIGHT 12/08/2026225,000$27.0K<0.1%–
New Providence Acqsitn Corp64823D110*W EXP 11/09/202800,000$24.0K<0.1%–
Oak Woods Acquisition Corp67190B120RIGHT 03/23/202884,810$23.1K<0.1%–
ZEOWWZeo Energy Corp.*W EXP 03/13/202451,000$22.8K<0.1%History
Roth CH Acquisition V Co.77867R118*W EXP 12/10/202441,008$20.8K<0.1%–
JWSWFJaws Mustang Acquisition Corp*W EXP 01/30/202881,224$20.4K<0.1%History
RDZNWRoadzen Inc.*W EXP 11/30/202320,066$20.0K<0.1%History
SDCL EDGE Acquisition CorpG79471127*W EXP 99/99/999200,000$20.0K<0.1%–
ATEKWAthena Technology Acquisition Corp. II*W EXP 10/17/202750,000$19.9K<0.1%History
Battery Future Acquisition CG0888J124*W EXP 99/99/999987,197$19.7K<0.1%–
Target Global Acquisi I CorpG8675N125*W EXP 12/08/202252,196$18.9K<0.1%–
CF Acquisition Corp. VII12521H115*W EXP 03/16/202341,862$18.8K<0.1%–
Blue Ocean Acquisition CorpG1330L121*W EXP 12/02/2021,135,171$18.3K<0.1%–
Patria Latin Amrcn Opprnty AG69454117*W EXP 02/23/202422,114$18.2K<0.1%–
ESH Acquisition Corp.296424112RIGHT 99/99/9999190,000$17.6K<0.1%–
IXQWFIX Acquisition Corp.*W EXP 07/31/202225,000$17.5K<0.1%History
TMT Acquisition Corp.G89229135RIGHT 03/27/202860,000$16.4K<0.1%–
CXAIWCXApp Inc.*W EXP 03/14/20263,308$15.9K<0.1%History
Northview Acquisition Corp66718N129RIGHT 99/99/9999300,000$15.3K<0.1%–
Investcorp Europe AcquisitioG4923T113*W EXP 12/15/2021,478,139$15.2K<0.1%–
Northview Acquisition Corp66718N111*W EXP 08/02/202372,821$14.0K<0.1%–
Distoken Acquisition CorpG27740136RIGHT 99/99/9999125,000$13.8K<0.1%–
Tlgy Acquisition CorpG8656T125*W EXP 11/09/202565,193$13.6K<0.1%–
Colombier Acquisition Corp IG2283U118*W EXP 11/24/20241,203$13.2K<0.1%–
BYNOWbyNordic Acquisition Corp*W EXP 07/01/202154,335$12.7K<0.1%History
Crixus BH3 Acquisition Co22677T110*W EXP 10/04/202288,114$11.9K<0.1%–
Metal Sky Star Acquisition CG6053N113RIGHT 03/30/2024235,290$11.8K<0.1%–
Eve Mobility Acquisition CorG3218G117*W EXP 12/31/202248,391$11.7K<0.1%–
AERTWAeries Technology, Inc.*W EXP 11/06/202293,602$10.3K<0.1%History
ZPTAWZapata Quantum, Inc.*W EXP 99/99/999268,539$9.59K<0.1%History
RFAIRRF Acquisition Corp IIRIGHT 05/01/2026150,000$9.49K<0.1%History
Grafacquisitioncorp65488A119Warrant128,274$9.07K<0.1%–
ONMDWOneMedNet Corp*W EXP 11/07/202260,900$8.85K<0.1%History
MOBXWMobix Labs, Inc*W EXP 12/21/20275,000$8.25K<0.1%History
VMCWFValuence Merger Corp. I*W EXP 02/18/202253,299$8.23K<0.1%History
Globalink Invt Inc37892F125*W EXP 12/03/202328,325$8.21K<0.1%–
ABLVWAble View Global Inc.*W EXP 08/18/202385,000$7.70K<0.1%History
Inception Growth Acqustn Ltd45333D112*W EXP 10/15/202175,000$7.02K<0.1%–
AEAEWAltEnergy Acquisition Corp*W EXP 10/29/202600,000$6.72K<0.1%History