HBK INVESTMENTS L P Q1 2025 Filing

Filed May 15, 2025

Portfolio Value

$3.8B

Holdings

142

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (142 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	WOLF 1.875 12/01/29WOLFSPEED INC	7,150,000	$1.6B	42.25%
2	HESHESS CORP	7,355,900	$1.2B	30.73%
3	SPYSPDR S&P 500 ETF TR	492,600	$275.6M	7.21%	Put
4	IWMISHARES TR	909,286	$181.4M	4.74%	Put
5	METAMETA PLATFORMS INC	229,537	$132.3M	3.46%	Put
6	BEAGBOLD EAGLE ACQUISITION CORP	500,000	$124.9M	3.27%
7	GQ9SPDR GOLD TR	327,600	$94.4M	2.47%	Put
8	MIGAMICROSTRATEGY INC	270,800	$78.1M	2.04%	Put
9	MSTRMICROSTRATEGY INC	35,109,000	$71.5M	1.87%
10	ARKBARK 21SHARES BITCOIN ETF	817,168	$67.2M	1.76%
11	HCI 4.75 06/01/42HCI GROUP INC	34,539,000	$65.1M	1.70%
12	TSMTAIWAN SEMICONDUCTOR MFG LTD	356,000	$59.1M	1.55%	Put
13	CNKCINEMARK HLDGS INC	2,345,700	$58.4M	1.53%	Put
14	TWO 6.25 01/15/26TWO HARBORS INVENTMENT CORPO	58,122,000	$57.9M	1.51%
15	AGNCAGNC INVT CORP	5,670,000	$54.3M	1.42%	Put
16	INFN 2.5 03/01/27INFINERA CORP	43,131,000	$52.2M	1.37%
17	UBERUBER TECHNOLOGIES INC	592,783	$43.2M	1.13%	Put
18	CVXCHEVRON CORP NEW	249,300	$41.7M	1.09%	Call
19	EWZISHARES INC	1,561,000	$40.4M	1.06%	Put
20	FE 4 05/01/26FIRSTENERGY CORP	36,408,000	$36.9M	0.96%
21	FRPT 3 04/01/28FRESHPET INC	25,645,000	$36.3M	0.95%
22	LNTH 2.625 12/15/27LANTHEUS HLDGS INC	25,000,000	$35.4M	0.92%
23	XOPSPDR SER TR	252,000	$33.2M	0.87%	Put
24	CVLTCOMMVAULT SYS INC	209,900	$33.1M	0.87%	Put
25	FBTCFIDELITY WISE ORIGIN BITCOIN	440,666	$31.7M	0.83%
26	KOS 3.125 03/15/30KOSMOS ENERGY LTD	40,000,000	$30.6M	0.80%
27	NWSANEWS CORP NEW	1,110,000	$30.2M	0.79%
28	VALEVALE S A	3,020,000	$30.1M	0.79%	Put
29	PI 1.125 05/15/27IMPINJ INC	24,130,000	$27.4M	0.72%
30	SOLVSOLVENTUM CORP	347,654	$26.4M	0.69%
31	SPR 3.25 11/01/28SPIRIT AEROSYSTEMS INC	19,000,000	$26.0M	0.68%
32	BUDANHEUSER BUSCH INBEV SA/NV	412,652	$25.4M	0.66%
33	IBITISHARES BITCOIN TRUST ETF	531,400	$24.9M	0.65%	Put
34	SLBSCHLUMBERGER LTD	584,769	$24.4M	0.64%
35	AGCN 0.375 01/15/27FIRST MAJESTIC SILVER CORP	24,957,000	$23.4M	0.61%
36	CLVTRIP COM GROUP LTD	363,600	$23.1M	0.60%	Put
37	PMT 5.5 03/15/26PENNYMAC CORP	21,840,000	$21.7M	0.57%
38	CSGS 3.875 09/15/28CSG SYS INTL INC	20,000,000	$21.6M	0.57%
39	PAR 1.5 10/15/27PAR TECHNOLOGY CORP	19,882,000	$21.3M	0.56%
40	WWAYFAIR INC	19,805,000	$21.2M	0.55%
41	SIRISIRIUSXM HOLDINGS INC	834,185	$18.8M	0.49%	Call
42	VTR 3.75 06/01/26VENTAS RLTY LTD PARTNERSHIP	14,500,000	$18.7M	0.49%
43	VAC 3.25 12/15/27MARRIOTT VACATIONS WORLDWIDE	19,500,000	$18.0M	0.47%
44	TRIPTRIPADVISOR INC	1,205,600	$17.1M	0.45%	Put
45	WBDWARNER BROS DISCOVERY INC	1,580,000	$17.0M	0.44%
46	QDELQUIDELORTHO CORP	482,701	$16.9M	0.44%
47	CONCONCENTRA GROUP HOLDINGS PAR	766,110	$16.6M	0.43%
48	GOOGALPHABET INC	105,600	$16.5M	0.43%	Put
49	NIO 4.625 10/15/30NIO INC	23,300,000	$16.2M	0.42%
50	FUNSIX FLAGS ENTERTAINMENT CORP	449,621	$16.0M	0.42%
51	BATRAATLANTA BRAVES HLDGS INC	398,420	$15.9M	0.42%
52	SGRYSURGERY PARTNERS INC	665,815	$15.8M	0.41%	Put
53	SIRI 3.75 03/15/28LIBERTY MEDIA CORP DEL	14,600,000	$15.1M	0.40%
54	ZTO 1.5 09/01/27ZTO EXPRESS CAYMAN INC	15,000,000	$15.1M	0.39%
55	SNDKSANDISK CORP	281,121	$13.4M	0.35%	Put
56	NVDANVIDIA CORPORATION	122,245	$13.2M	0.35%	Put
57	ECPG 4 03/15/29ENCORE CAP GROUP INC	14,250,000	$13.0M	0.34%
58	BROSDUTCH BROS INC	200,000	$12.3M	0.32%
59	LDOSLEIDOS HOLDINGS INC	90,800	$12.3M	0.32%	Put
60	6PMPARAMOUNT GROUP INC	2,791,774	$12.0M	0.31%
61	PMTPENNYMAC MTG INVT TR	811,700	$11.9M	0.31%	Put
62	ETSY 0.25 06/15/28ETSY INC	13,868,000	$11.8M	0.31%
63	GPNGLOBAL PMTS INC	119,396	$11.7M	0.31%	Put
64	BITBBITWISE BITCOIN ETF TR	260,222	$11.7M	0.31%
65	JETSETF SER SOLUTIONS	536,500	$11.1M	0.29%	Put
66	COIN 0.5 06/01/26COINBASE GLOBAL INC	11,295,000	$11.1M	0.29%
67	FWONALIBERTY MEDIA CORP DEL	163,089	$11.0M	0.29%
68	ACHRARCHER AVIATION INC	1,500,000	$10.7M	0.28%
69	MRPMILLROSE PPTYS INC	400,000	$10.6M	0.28%
70	NDQINVESCO QQQ TR	22,100	$10.4M	0.27%	Put
71	NLYANNALY CAPITAL MANAGEMENT IN	500,000	$10.2M	0.27%	Put
72	AKAM 0.125 05/01/25AKAMAI TECHNOLOGIES INC	9,920,000	$9.9M	0.26%
73	RWT 5.75 10/01/25RWT HLDGS INC	9,056,000	$9.0M	0.24%
74	EQIXEQUINIX INC	10,400	$8.5M	0.22%	Put
75	SAICSCIENCE APPLICATIONS INTL CO	72,300	$8.1M	0.21%	Put
76	PLDPROLOGIS INC.	70,000	$7.8M	0.20%	Put
77	WDCWESTERN DIGITAL CORP	185,946	$7.5M	0.20%
78	BTSGBRIGHTSPRING HEALTH SVCS INC	400,000	$7.2M	0.19%
79	NEE 7.299 06/01/27NEXTERA ENERGY INC	150,000	$7.2M	0.19%
80	HPE 7.625 09/01/27HEWLETT PACKARD ENTERPRISE C	150,000	$7.2M	0.19%
81	PAR 2.875 04/15/26PAR TECHNOLOGY CORP	4,830,000	$7.1M	0.19%
82	KWEBKRANESHARES TRUST	200,000	$7.0M	0.18%	Put
83	LENLENNAR CORP	59,100	$6.8M	0.18%	Put
84	SAILSAILPOINT INC	350,000	$6.6M	0.17%
85	SNAP 0.25 05/01/25SNAP INC	6,232,000	$6.2M	0.16%
86	FETHFIDELITY ETHEREUM FD	316,793	$5.8M	0.15%
87	CA8ACACI INTL INC	15,200	$5.6M	0.15%	Put
88	CRWVCOREWEAVE INC	150,000	$5.6M	0.15%
89	ETHWBITWISE ETHEREUM ETF	413,302	$5.4M	0.14%
90	BAHBOOZ ALLEN HAMILTON HLDG COR	51,200	$5.4M	0.14%	Put
91	TWOTWO HBRS INVT CORP	400,000	$5.3M	0.14%	Call
92	COINCOINBASE GLOBAL INC	31,000	$5.3M	0.14%	Put
93	BEAGBOLD EAGLE ACQUISITION CORP	500,000	$5.1M	0.13%
94	MAGNMAGNERA CORP	278,069	$5.0M	0.13%
95	AACBARTIUS II ACQUISITION INC	500,000	$5.0M	0.13%
96	PCG 6 12/01/27 APG&E CORP	100,000	$4.4M	0.12%
97	DDOGDATADOG INC	43,064	$4.3M	0.11%	Put
98	PTONPELOTON INTERACTIVE INC	656,096	$4.1M	0.11%	Call
99	SFDSMITHFIELD FOODS INC	200,000	$4.1M	0.11%
100	LOBLIVE OAK ACQUISITION CORP V	400,000	$4.0M	0.11%

Page 1 of 2Next