LINDEN ADVISORS LP Q3 2020 Filing

Filed November 16, 2020

Portfolio Value

$8.3B

Holdings

320

Report Date

Q3 2020

Filing Type

13F-HR

All Holdings (320 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	MELI 2 08/15/28MERCADOLIBRE INC 2 08/15/2028	275,044,000	$695.1M	8.38%
2	—PINDUODUO INC 0 10/01/2024	323,215,000	$585.3M	7.06%
3	Z 1.375 09/01/26ZILLOW GROUP INC 1.375 09/01/2026	138,450,000	$331.2M	3.99%
4	EXAS 0.375 03/01/28EXACT SCIENCES CORP 0.375 03/01/2028	292,990,000	$318.2M	3.84%
5	W 1 08/15/26WAYFAIR INC 1 08/15/2026	140,103,000	$290.6M	3.50%
6	SPLK 1.125 09/15/25SPLUNK INC 1.125 09/15/2025	198,732,000	$287.0M	3.46%
7	BLBLFBILIBILI INC 1.375 04/01/2026	149,280,000	$264.0M	3.18%
8	CHGG 0.125 03/15/25CHEGG INC 0.125 03/15/2025	152,093,000	$231.0M	2.79%
9	COUP 0.125 06/15/25COUPA SOFTWARE INC 0.125 06/15/2025	114,679,000	$209.2M	2.52%
10	PENN 2.75 05/15/26PENN NATIONAL GAMING INC 2.75 05/15/2026	61,878,000	$199.0M	2.40%
11	PLUG 5.5 03/15/23PLUG POWER INC 5.5 03/15/2023	28,000,000	$162.7M	1.96%
12	SNAP 0.75 08/01/26SNAP INC 0.75 08/01/2026	109,146,000	$151.4M	1.82%
13	—APOLLO CMMRL REAL EST FI 4.75 08/23/2022	155,328,000	$145.6M	1.76%
14	—GDS HOLDINGS LIMITED 2 06/01/2025	78,850,000	$133.2M	1.61%
15	BL 0.125 08/01/24BLACKLINE INC 0.125 08/01/2024	96,170,000	$132.6M	1.60%
16	QTWO 0.75 06/01/26Q2 HOLDINGS INC 0.75 06/01/2026	100,996,000	$123.8M	1.49%
17	W 1.125 11/01/24WAYFAIR INC 1.125 11/01/2024	46,795,000	$120.4M	1.45%
18	ETSY 0.125 10/01/26ETSY INC 0.125 10/01/2026	68,752,000	$108.1M	1.30%
19	Z 2.75 05/15/25ZILLOW GROUP INC 2.75 05/15/2025	62,208,000	$107.7M	1.30%
20	—JOYY INC 0.75 06/15/2025	89,970,000	$97.3M	1.17%
21	HLF 2.625 03/15/24HERBALIFE LTD 2.625 03/15/2024	89,530,000	$90.2M	1.09%
22	—IQIYI INC 3.75 12/01/2023	81,700,000	$86.9M	1.05%
23	MOMO 1.25 07/01/25MOMO INC 1.25 07/01/2025	105,383,000	$82.8M	1.00%
24	—APOLLO CMMRL REAL EST FI 5.375 10/15/2023	88,926,000	$79.4M	0.96%
25	—SOCIAL CAPITAL HEDOSOPHIA A	6,201,939	$77.3M	0.93%
26	LPSN 0.75 03/01/24LIVEPERSON INC 0.75 03/01/2024	49,332,000	$75.3M	0.91%
27	JOYY 1.375 06/15/26JOYY INC 1.375 06/15/2026	68,300,000	$73.7M	0.89%
28	OKTA 0.125 09/01/25OKTA INC 0.125 09/01/2025	53,956,000	$71.5M	0.86%
29	INVA 2.125 01/15/23THERAVANCE INC 2.125 01/15/2023	72,022,000	$69.0M	0.83%
30	—BAOZUN INC 1.625 05/01/2024	72,833,000	$67.7M	0.82%
31	SRPT 1.5 11/15/24SAREPTA THERAPEUTICS INC 1.5 11/15/2024	32,702,000	$67.7M	0.82%
32	NEE 6.219 09/01/23NEXTERA ENERGY INC	1,350,000	$64.2M	0.77%
33	—FTAC OLYMPUS ACQUISITION COR	6,211,933	$62.1M	0.75%
34	—CHURCHILL CAPITAL CORP IV	6,000,000	$60.1M	0.72%
35	INVA 2.5 08/15/25INNOVIVA INC 2.5 08/15/2025	59,662,000	$57.9M	0.70%
36	—NUANCE COMMUNICATIONS 1.25 04/01/2025	32,548,000	$57.8M	0.70%
37	—MFA FINANCIAL INC 6.25 06/15/2024	61,257,000	$57.2M	0.69%
38	OPK 4.5 02/15/25OPKO HEALTH INC 4.5 02/15/2025	43,063,000	$51.2M	0.62%
39	—CHURCHILL CAPITAL CORP III A	4,810,666	$49.3M	0.59%
40	—GOLAR LNG LTD 2.75 02/15/2022	62,817,000	$48.6M	0.59%
41	—CF FINANCE ACQUISITION CORP	4,500,000	$45.1M	0.54%
42	IWMISHARES RUSSELL 2000 ETF	300,000	$44.9M	0.54%	Put
43	—RAPID7 INC 1.25 08/01/2023	28,560,000	$44.6M	0.54%
44	MCHP 1.625 02/15/27MICROCHIP TECHNOLOGY INC 1.625 02/15/2027	28,327,000	$43.6M	0.53%
45	HTHT 0.375 11/01/22CHINA LODGING GROUP LTD 0.375 11/01/2022	38,226,000	$43.0M	0.52%
46	—WIX LTD 0 07/01/2023	22,675,000	$42.6M	0.51%
47	—HORIZON ACQUISITION CORP	4,000,000	$41.6M	0.50%
48	—E MERGE TECHNOLOGY ACQUISITI	4,000,000	$40.2M	0.49%
49	EXAS 0.375 03/15/27EXACT SCIENCES CORP 0.375 03/15/2027	33,299,000	$39.2M	0.47%
50	—ZYNGA INC 0.25 06/01/2024	30,315,000	$38.5M	0.46%
51	WK 1.125 08/15/26WORKIVA INC 1.125 08/15/2026	38,016,000	$37.9M	0.46%
52	ECPG 3.25 10/01/25ENCORE CAPITAL GROUP INC 3.25 10/01/2025	32,500,000	$37.3M	0.45%
53	—COHN ROBBINS HOLDINGS CORP	3,600,000	$36.3M	0.44%
54	—RH 0 06/15/2023	17,600,000	$36.0M	0.43%
55	—ENCORE CAP EUR FINANCE 4.5 09/01/2023	32,706,000	$35.6M	0.43%
56	EZPW 2.875 07/01/24EZCORP INC 2.875 07/01/2024	39,755,000	$35.4M	0.43%
57	—SFL CORP LTD 4.875 05/01/2023	39,640,000	$34.7M	0.42%
58	EVH 1.5 10/15/25EVOLENT HEALTH INC 1.5 10/15/2025	41,000,000	$32.2M	0.39%
59	NTNX 0 01/15/23NUTANIX INC 0 01/15/2023	32,517,000	$30.6M	0.37%
60	—COLLEGIUM PHARMA INC 2.625 02/15/2026	29,750,000	$29.5M	0.36%
61	—IRONWOOD PHARMACEUTICALS 0.75 06/15/2024	29,500,000	$29.2M	0.35%
62	—ALTAIR ENGINEERING INC 0.25 06/01/2024	25,997,000	$28.9M	0.35%
63	—FLYING EAGLE ACQUISITION A	2,365,011	$28.8M	0.35%
64	—REDBALL ACQUISITION CORP	2,668,000	$28.2M	0.34%
65	HASI 0 08/15/23HANNON ARMSTRONG SUSTAIN 0 08/15/2023	26,160,000	$27.4M	0.33%
66	—BURGUNDY TECHNOLOGY ACQUISIT	2,700,000	$26.9M	0.32%
67	NVAX 3.75 02/01/23NOVAVAX INC 3.75 02/01/2023	21,500,000	$25.7M	0.31%
68	MCHP 1.625 02/15/25MICROCHIP TECHNOLOGY INC 1.625 02/15/2025	11,250,000	$25.1M	0.30%
69	—KKR REAL ESTATE FIN 6.125 05/15/2023	24,775,000	$24.4M	0.29%
70	SPWR 4 01/15/23SUNPOWER CORP 4 01/15/2023	25,626,000	$24.4M	0.29%
71	—SEACOR HOLDINGS INC 3.25 05/15/2030	31,613,000	$24.0M	0.29%
72	—FG NEW AMERICA ACQUISITION C	2,250,000	$22.5M	0.27%
73	—CC NEUBERGER PRINCIPAL HOLDI	2,175,000	$22.5M	0.27%
74	—CM LIFE SCIENCES INC	2,100,000	$22.0M	0.27%
75	—ARTIUS ACQUISITION INC	2,000,000	$20.8M	0.25%
76	IQ 2 04/01/25IQIYI INC 2 04/01/2025	21,705,000	$20.7M	0.25%
77	—FIREEYE INC 0.875 06/01/2024	22,185,000	$20.7M	0.25%
78	—FOLEY TRASIMENE ACQUISITION	1,973,536	$20.1M	0.24%
79	—VECTOR ACQUISITION CORP	1,980,325	$20.1M	0.24%
80	PRIAFPRIME IMPACT ACQUISITION I	2,000,000	$20.0M	0.24%
81	—REINVENT TECHNOLOGY PARTNERS	1,650,000	$19.0M	0.23%
82	—GORES METROPOULOS INC CL A	1,640,456	$18.7M	0.23%
83	EZPW 2.375 05/01/25EZCORP INC 2.375 05/01/2025	23,462,000	$18.7M	0.23%
84	PSEC 6.375 03/01/25PROSPECT CAPITAL CORP 6.375 03/01/2025	17,617,000	$18.1M	0.22%
85	—8X8 INC 0.5 02/01/2024	19,527,000	$18.1M	0.22%
86	—JAWS ACQUISITION CORP CL A	1,685,421	$17.5M	0.21%
87	INSG 3.25 05/01/25INSEEGO CORP 3.25 05/01/2025	17,000,000	$16.5M	0.20%
88	—REPLAY ACQUISITION CORP	1,577,159	$16.1M	0.19%
89	—NAVSIGHT HOLDINGS INC	1,500,000	$15.1M	0.18%
90	—VESPER HEALTHCARE ACQUISITIO	1,400,000	$14.4M	0.17%
91	RWT 4.75 08/15/23REDWOOD TRUST INC 4.75 08/15/2023	15,306,000	$14.0M	0.17%
92	EFAISHARES MSCI EAFE ETF	200,000	$12.7M	0.15%	Put
93	—TRINE ACQUISITION CORP A	1,167,896	$12.6M	0.15%
94	—FUSION ACQUISITION CORP A	1,268,691	$12.5M	0.15%
95	—EQUITY DISTRIBUTION ACQUISIT	1,205,000	$12.4M	0.15%
96	OMER 5.25 02/15/26OMEROS CORP 5.25 02/15/2026	14,500,000	$12.3M	0.15%
97	—ACE CONVERGENCE ACQUISITION	1,200,000	$12.3M	0.15%
98	—SOCIAL CAPITAL HEDOSOP CW25	3,010,000	$11.6M	0.14%
99	—SOCIAL CAPITAL HEDOSOPHIA A	603,945	$11.5M	0.14%
100	IRWD 1.5 06/15/26IRONWOOD PHARMACEUTICALS 1.5 06/15/2026	11,500,000	$11.3M	0.14%

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