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Livermore
Livermore
ZHEN

Quarry LP

SEC CIK
0001965207
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.

Institution overview
Positions
1,584
+14 vs. Q4 2024
Portfolio value
$387.6M
−$120.7M (−23.7%) vs. Q4 2024
Filed
May 15, 2025
SEC
Holdings of Quarry LP in Q1 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
DFSDiscover Financial ServicesCOM123,468$21.1M5.4%+90,601+275.7%AddedHistory
CHXChampionX CorpCOM679,200$20.2M5.2%+520,954+329.2%AddedHistory
HESHess CorpStock118,181$18.9M4.9%+85,332+259.8%AddedHistory
IPGInterpublic Group of Companies, Inc.COM319,762$8.68M2.2%+254,917+393.1%AddedHistory
AA Mission Acquisition Corp.G1000R101ORD SHS CL A700,000$7.30M1.9%00.0%Unchanged–
SPRSpirit AeroSystems Holdings, Inc.COM CL A203,434$7.01M1.8%+201,678+11,485.1%AddedHistory
DMAADrugs Made In America Acquisition Corp.ORD SHS650,000$6.51M1.7%+650,000NewHistory
FYBRFrontier Communications Parent, Inc.COM144,193$5.17M1.3%+142,199+7,131.3%AddedHistory
Agriculture & Nat Sol Acq CoG0131Y100SHS CL A459,364$4.90M1.3%+60,264+15.1%Added–
BTXBlackRock Technology & Private Equity Term TrustSHS BEN INT767,370$4.80M1.2%+255,290+49.9%AddedHistory
ACPabrdn Income Credit Strategies FundCOM806,752$4.75M1.2%+167,000+26.1%AddedHistory
WEIBO Corp948596AJ0NOTE 1.375%12/0–$4.62M1.2%–New–
ZTRVirtus Total Return Fund Inc.COM618,824$3.69M1.0%−147,611−19.3%ReducedHistory
AVKAdvent Convertible & Income FundCOM290,621$3.35M0.9%00.0%UnchangedHistory
BMEZBlackRock Health Sciences Term TrustCOM SHS222,175$3.31M0.9%+112,514+102.6%AddedHistory
TDACTranslational Development Acquisition Corp.COM CL A300,000$3.02M0.8%+300,000NewHistory
KVACFKeen Vision Acquisition Corp.SHS261,109$2.93M0.8%00.0%UnchangedHistory
Sea Ltd81141RAG5NOTE 0.250% 9/1–$2.89M0.7%–New–
Teladoc Health, Inc.87918AAF2NOTE 1.250% 6/0–$2.88M0.7%–New–
EIXEdison InternationalStock43,375$2.56M0.7%+4,704+12.2%AddedHistory
SIMASIM Acquisition Corp. ISHS CL A250,000$2.56M0.7%00.0%UnchangedHistory
KFIIUK&F Growth Acquisition Corp. IIUNIT 99/99/9999250,000$2.52M0.6%+250,000NewHistory
MRLNMerlin, Inc.SHS CL A250,000$2.50M0.6%00.0%UnchangedHistory
EURKEureka Acquisition CorpSHS CL A225,000$2.32M0.6%+125,000+125.0%AddedHistory
NRGNRG Energy, Inc.Stock24,285$2.32M0.6%−15,095−38.3%ReducedHistory
SVIISpring Valley Acquisition Corp. IICLASS A ORD200,000$2.30M0.6%−100,000−33.3%ReducedHistory
Jvspac Acquisition CorpG5212E105SHS CL A214,461$2.29M0.6%+199,381+1,322.2%Added–
FANGDiamondback Energy, Inc.Stock14,220$2.27M0.6%−6,265−30.6%ReducedHistory
EHIWestern Asset Global High Income Fund Inc.COM337,409$2.23M0.6%00.0%UnchangedHistory
HYACHaymaker Acquisition Corp VCLASS A200,000$2.20M0.6%00.0%UnchangedHistory
JQCNuveen Credit Strategies Income FundCOM SHS404,217$2.17M0.6%+404,217NewHistory
DTSQDT Cloud Star Acquisition CorpSHS200,000$2.05M0.5%+100,000+100.0%AddedHistory
Voyager Acquisition CorpG93A7H104CL A200,000$2.04M0.5%+200,000New–
Chenghe Acquisition II CoG20873108CL A ORD SHS196,000$2.01M0.5%+75,000+62.0%Added–
FSHPFlag Ship Acquisition CorpORD SHS188,688$1.95M0.5%+5,188+2.8%AddedHistory
BRWSaba Capital Income & Opportunities FundSHS NEW239,596$1.86M0.5%−36,705−13.3%ReducedHistory
iShares MSCI Eafe ETF464287465ETF22,500$1.84M0.5%+22,500New–
DT Cloud Acquisition CorpG28524117ORD SHS170,625$1.83M0.5%00.0%Unchanged–
DMADestra Multi-Alternative FundCOMMON SHARES213,993$1.81M0.5%−9,895−4.4%ReducedHistory
DVNDevon Energy CorpStock47,962$1.79M0.5%+46,984+4,804.1%AddedHistory
PCGPG&E CorpStock102,109$1.75M0.5%+94,828+1,302.4%AddedHistory
AFJKAimei Health Technology Co., Ltd.SHS157,081$1.73M0.4%+7,081+4.7%AddedHistory
Global Lights Acquisition CoG3937F101ORD SHS156,000$1.69M0.4%00.0%Unchanged–
BAYABayview Acquisition CorpORD SHS150,000$1.63M0.4%00.0%UnchangedHistory
OVVOvintiv Inc.COM38,090$1.63M0.4%−9,171−19.4%ReducedHistory
SPYSPDR S&P 500 ETF TrustETF2,893$1.62M0.4%+2,893NewHistory
BSIIBlack Spade Acquisition II CoCL A156,375$1.60M0.4%+156,375NewHistory
ADMArcher-Daniels-Midland CoStock32,536$1.56M0.4%−26,789−45.2%ReducedHistory
BEAGUBold Eagle Acquisition Corp.UNIT 99/99/9999150,000$1.55M0.4%00.0%UnchangedHistory
RFMZRiverNorth Flexible Municipal Income Fund II, Inc.COM115,149$1.55M0.4%−4,687−3.9%ReducedHistory
LPAALaunch One Acquisition Corp.SHS CLASS A150,000$1.53M0.4%+150,000NewHistory
QSEAUQuartzsea Acquisition CorpUNIT 02/18/2030150,000$1.51M0.4%+150,000NewHistory
ASPCASPAC III Acquisition Corp.ORD SHS CL A150,000$1.51M0.4%+150,000NewHistory
HIXWestern Asset High Income Fund II Inc.COM316,544$1.32M0.3%+103,644+48.7%AddedHistory
FORLFour Leaf Acquisition CorpCOM CL A114,097$1.29M0.3%00.0%UnchangedHistory
DYNCUDynamix CorpUNIT 99/99/9999126,973$1.28M0.3%+943+0.7%AddedHistory
Wayfair Inc.94419LAM3NOTE 0.625%10/0–$1.27M0.3%–New–
FACTUFACT II Acquisition Corp.UNIT 99/99/9999125,100$1.26M0.3%00.0%UnchangedHistory
MEGINYLI CBRE Global Infrastructure Megatrends Term FundCOM92,887$1.24M0.3%−78,465−45.8%ReducedHistory
EMNEastman Chemical CoStock13,518$1.19M0.3%−6,355−32.0%ReducedHistory
AMZNAmazon Com IncStock5,762$1.10M0.3%+5,296+1,136.5%AddedHistory
Churchill Capital Corp IX/CaymanG21301125UNIT 99/99/9999100,000$1.09M0.3%00.0%Unchanged–
LOGCContextLogic Holdings Inc.CL A NEW152,184$1.06M0.3%−9,435−5.8%ReducedHistory
METMetlife IncStock13,198$1.06M0.3%+12,818+3,373.2%AddedHistory
IBACIB Acquisition Corp.COM SHS100,000$1.03M0.3%+100,000NewHistory
MCKMcKesson CorpStock1,529$1.03M0.3%+837+121.0%AddedHistory
ALDFUAldel Financial II Inc.UNIT 09/26/2031100,000$1.02M0.3%00.0%UnchangedHistory
Live Oak Acquisition Corp VG5509P128UNIT 02/20/2030100,000$1.01M0.3%+100,000New–
MPCMarathon Petroleum CorpStock6,839$996.4K0.3%−2,558−27.2%ReducedHistory
GOOGLAlphabet Inc.Stock6,435$995.1K0.3%+6,209+2,747.3%AddedHistory
NMAINuveen Multi-Asset Income FundCOM79,200$952.0K0.2%00.0%UnchangedHistory
LDOSLeidos Holdings, Inc.COM7,028$948.4K0.2%−18,298−72.2%ReducedHistory
AEFabrdn Emerging Markets ex-China Fund, Inc.COM189,990$942.4K0.2%+189,990NewHistory
HLTHilton Worldwide Holdings Inc.COM4,139$941.8K0.2%+1,940+88.2%AddedHistory
MARMarriott International IncStock3,924$934.7K0.2%+3,178+426.0%AddedHistory
FMCFMC CorpCOM NEW21,782$919.0K0.2%+3,960+22.2%AddedHistory
METAMeta Platforms, Inc.Stock1,592$917.6K0.2%+1,039+187.9%AddedHistory
HQLabrdn Life Sciences InvestorsSH BEN INT71,459$906.8K0.2%−73,663−50.8%ReducedHistory
Investcorp India Acquistn CoG49219101CLASS A ORD SHS75,000$903.0K0.2%00.0%Unchanged–
Presidio MidCo Inc.G3106N125UNIT 99/99/999987,861$900.6K0.2%00.0%Unchanged–
WTWWillis Towers Watson PLCSHS2,659$898.6K0.2%+1,120+72.8%AddedHistory
iQIYI, Inc.G4939KAF3NOTE 6.500% 3/1–$888.6K0.2%–––
TRGPTarga Resources Corp.COM4,346$871.2K0.2%+363+9.1%AddedHistory
OAKUOak Woods Acquisition CorpCL A73,900$863.2K0.2%00.0%UnchangedHistory
IQiQIYI, Inc.SPONSORED ADS–$841.2K0.2%–NewHistory
MMM3M CoStock5,595$821.7K0.2%−13,065−70.0%ReducedHistory
APDAir Products & Chemicals, Inc.Stock2,769$816.6K0.2%+2,469+823.0%AddedHistory
AMPAmeriprise Financial IncCOM1,685$815.7K0.2%+1,598+1,836.8%AddedHistory
MSIMotorola Solutions, Inc.Stock1,832$802.1K0.2%+1,341+273.1%AddedHistory
Wix.com Ltd.92940WAD1NOTE 8/1–$784.7K0.2%–––
PPGPPG Industries IncStock7,165$783.5K0.2%−11,622−61.9%ReducedHistory
PLTRPalantir Technologies Inc.Stock9,262$781.7K0.2%+6,152+197.8%AddedHistory
EVRIEveri Holdings Inc.COM57,110$780.7K0.2%+40,790+249.9%AddedHistory
IHDVoya Emerging Markets High Dividend Equity FundCOM146,119$780.3K0.2%−2,481−1.7%ReducedHistory
VLOSUVelos Acquisition I Corp.UNIT 99/99/999975,000$777.0K0.2%00.0%UnchangedHistory
TLNTalen Energy CorpCOM3,853$769.3K0.2%+3,853NewHistory
Willow Lane Acquisition Corp.G9675P128UNIT 99/99/999975,000$759.8K0.2%00.0%Unchanged–
IAEVoya Asia Pacific High Dividend Equity Income FundCOM122,500$755.8K0.2%00.0%UnchangedHistory
AGDabrdn Global Dynamic Dividend FundCOM75,300$750.0K0.2%00.0%UnchangedHistory
AODabrdn Total Dynamic Dividend FundCOM SH BEN INT87,800$736.6K0.2%00.0%UnchangedHistory

Options (10)

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

Option positions of Quarry LP in Q1 2025
SecurityClassPutsCalls
GLDSPDR Gold TrustETF$25.1M–
iShares Tr46428743220 YR TR BD ETF–$18.2M
BABoeing CoStock$4.96M–
NVDANVIDIA CorpStock–$3.79M
iShares Russell 2000 ETF464287655ETF$2.99M–
UNHUnitedHealth Group IncStock$2.62M–
Invesco Exch Traded FD Tr II46138G508SR LN ETF$2.07M–
FCXFreeport-McMoran IncStock–$1.89M
IBITiShares Bitcoin Trust ETFETF–$1.87M
SPYSPDR S&P 500 ETF TrustETF$1.40M–

Sold out since Q4 2024 (476)

Positions held at the end of Q4 2024 that are gone from this filing.

The largest 100 of 476 by value last quarter.

Positions of Quarry LP sold out since Q4 2024
SecurityClassShares in Q4 2024Value in Q4 2024% of portfolio in Q4 2024History
GOOGAlphabet Inc.Stock150,000$28.6M5.6%History
BITBBitwise Bitcoin ETFSHS BEN INT357,263$18.2M3.6%History
Lavoro LtdG5391L102CLASS A ORD750,000$8.19M1.6%–
NIO Inc.62914VAF3NOTE 0.500% 2/0–$7.15M1.4%–
INSIInsight Select Income FundCOM221,402$3.84M0.8%History
ISRLFIsrael Acquisitions CorpCLASS A ORD287,433$3.26M0.6%History
HCPHashiCorp, Inc.COM CL A89,500$3.06M0.6%History
PGACUPantages Capital Acquisition CorpUNIT 99/99/9999250,000$2.50M0.5%History
EDREndeavor Group Holdings, Inc.CL A COM76,000$2.38M0.5%History
BGBunge Global SACOM SHS27,432$2.13M0.4%History
UCFICN Healthy Food Tech Group Corp.COM200,000$2.06M0.4%History
IBITiShares Bitcoin Trust ETFETF37,559$1.99M0.4%History
Alpha Partners Tech Mergr CoG63290111CLASS A ORD SHS179,143$1.99M0.4%–
BATRKAtlanta Braves Holdings, Inc.COM SER C51,022$1.95M0.4%History
Evergreen CorpG3312W109CLASS A ORD SHS152,093$1.81M0.4%–
Pegasystems Inc705573AB9NOTE 0.750% 3/0–$1.68M0.3%–
TETEFTechnology & Telecommunication Acquisition CorpCLASS A ORD SHS95,719$1.18M0.2%History
EIMEaton Vance Municipal Bond FundCOM91,700$950.0K0.2%History
RPDRapid7, Inc.COM21,800$877.0K0.2%History
Aimfinity Investment Corp. IG0135E142UNIT 04/21/202765,000$801.8K0.2%–
AAPLApple Inc.Stock2,988$748.3K0.1%History
HQHabrdn Healthcare InvestorsSH BEN INT44,240$710.1K0.1%History
LKQLKQ CorpCOM18,931$695.7K0.1%History
WMTWalmart Inc.Stock6,372$575.7K0.1%History
SUSuncor Energy IncStock15,965$569.6K0.1%History
BUJABukit Jalil Global Acquisition 1 Ltd.ORD SHS50,898$569.5K0.1%History
DGDollar General CorpCOM7,450$564.9K0.1%History
NOCNorthrop Grumman CorpStock1,135$532.6K0.1%History
CVECenovus Energy Inc.COM34,720$526.0K0.1%History
ALLEAllegion plcORD SHS3,829$500.4K0.1%History
FISFidelity National Information Services, Inc.Stock6,165$497.9K0.1%History
DELLDell Technologies Inc.Stock4,267$491.7K0.1%History
EXPEExpedia Group, Inc.Stock2,628$489.7K0.1%History
AIGAmerican International Group, Inc.Stock6,689$487.0K0.1%History
KOCoca Cola CoStock7,695$479.1K0.1%History
MDLZMondelez International, Inc.Stock7,814$466.7K0.1%History
JNJJohnson & JohnsonStock3,171$458.6K0.1%History
NVRNVR IncCOM53$433.5K0.1%History
IFNAberdeen India Fund, Inc.COM25,413$400.3K0.1%History
CLMTCalumet, Inc.COM18,000$396.4K0.1%History
HYBNew America High Income Fund IncCOM NEW48,203$393.8K0.1%History
HFROHighland Opportunities & Income FundHIGHLAND INCOME65,900$342.0K0.1%History
HERZHerzfeld Credit Income Fund, IncCOM117,345$274.0K0.1%History
ATRAptargroup, Inc.Stock1,699$266.9K0.1%History
NETDUNabors Energy Transition Corp. IIUNIT 99/99/999920,000$226.5K<0.1%History
EAElectronic Arts Inc.COM1,525$223.1K<0.1%History
AWKAmerican Water Works Company, Inc.Stock1,774$220.8K<0.1%History
CSGSCSG Systems International IncCOM4,116$210.4K<0.1%History
INSMINSMED IncCOM PAR $.013,000$207.1K<0.1%History
ORealty Income CorpREIT3,824$204.2K<0.1%History
RSFRiverNorth Capital & Income Fund, Inc.COM12,224$188.7K<0.1%History
MODVModivCare IncCOM15,583$184.5K<0.1%History
CTVACorteva, Inc.Stock3,225$183.7K<0.1%History
GOGOGogo Inc.COM21,771$176.1K<0.1%History
TFXTeleflex IncCOM988$175.8K<0.1%History
COSTCostco Wholesale CorpStock183$167.7K<0.1%History
CORCencora, Inc.Stock730$164.0K<0.1%History
FEFirstenergy CorpCOM4,093$162.8K<0.1%History
AXTAAxalta Coating Systems Ltd.COM4,676$160.0K<0.1%History
MCDMcDonalds CorpStock526$152.5K<0.1%History
CINFCincinnati Financial CorpCOM1,057$151.9K<0.1%History
OLLIOllie's Bargain Outlet Holdings, Inc.Stock1,375$150.9K<0.1%History
WWDWoodward, Inc.COM906$150.8K<0.1%History
NUSNu Skin Enterprises, Inc.CL A21,707$149.6K<0.1%History
MUSAMurphy USA Inc.COM292$146.5K<0.1%History
STLDSteel Dynamics IncCOM1,281$146.1K<0.1%History
CLColgate Palmolive CoStock1,561$141.9K<0.1%History
GNTGAMCO Natural Resources, Gold & Income TrustSH BEN INT25,780$136.4K<0.1%History
ALLYAlly Financial Inc.Stock3,742$134.7K<0.1%History
KEXKirby CorpCOM1,254$132.7K<0.1%History
UALUnited Airlines Holdings, Inc.COM1,361$132.2K<0.1%History
ELEstee Lauder Companies IncCL A1,745$130.8K<0.1%History
WELLWelltower Inc.REIT1,024$129.1K<0.1%History
NETDNabors Energy Transition Corp. IICL A11,894$128.5K<0.1%History
INMDInMode Ltd.SHS7,561$126.3K<0.1%History
MOSMosaic CoCOM5,136$126.2K<0.1%History
CRCrane CoCOMMON STOCK817$124.0K<0.1%History
CASYCaseys General Stores IncCOM311$123.2K<0.1%History
MNROMonro, Inc.COM4,918$122.0K<0.1%History
GMEDGlobus Medical IncStock1,453$120.2K<0.1%History
NTNXNutanix, Inc.Stock1,940$118.7K<0.1%History
FOXAFox CorpCL A COM2,441$118.6K<0.1%History
DJTTrump Media & Technology Group Corp.Stock3,440$117.3K<0.1%History
ACCOAcco Brands CorpCOM22,226$116.7K<0.1%History
KKRKKR & Co. Inc.COM786$116.3K<0.1%History
SNCYSun Country Airlines Holdings, LLCCOM7,894$115.1K<0.1%History
BHVNBiohaven Ltd.COM3,000$112.0K<0.1%History
IRBTiRobot CorpCOM13,934$108.0K<0.1%History
COTYCoty Inc.COM CL A15,505$107.9K<0.1%History
EWCZEuropean Wax Center, Inc.CLASS A COM16,098$107.4K<0.1%History
CVNACarvana Co.CL A527$107.2K<0.1%History
ESSEssex Property Trust, Inc.COM367$104.8K<0.1%History
SRIStoneridge IncCOM16,680$104.6K<0.1%History
THRDThird Harmonic Bio, Inc.COM10,000$102.9K<0.1%History
SMARSmartsheet IncCOM CL A1,797$100.7K<0.1%History
MHKMohawk Industries IncCOM839$100.0K<0.1%History
DXCMDexcom IncCOM1,283$99.8K<0.1%History
IRIngersoll Rand Inc.COM1,080$97.7K<0.1%History
NCLHNorwegian Cruise Line Holdings Ltd.SHS3,627$93.3K<0.1%History
NEMNEWMONT CorpStock2,476$92.2K<0.1%History