Warberg Asset Management LLC
CIK: 0001597506Latest portfolio: $831.2M · Q4 2025
Holdings
181
Total Value
$831.2M
New Positions
42
Closed Positions
53
Top Holdings
View All 181 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | SPYSPDR S&P 500 ETF TR | 633,000 | $431.7M | 51.93% | +339K | Put |
| 2 | AXON 0.5 12/15/27AXON ENTERPRISE INC | 12,059,000 | $30.4M | 3.66% | +5.8M | |
| 3 | QQQINVESCO QQQ TR | 45,000 | $27.6M | 3.33% | -6,000 | Put |
| 4 | WDC 3 11/15/28WESTERN DIGITAL CORP | 5,731,000 | $26.3M | 3.16% | -1,307,000 | |
| 5 | MTSI 0.25 03/15/26MACOM TECH SOLUTIONS HLDGS I | 11,650,000 | $24.2M | 2.91% | +4.5M | |
| 6 | CNX 2.25 05/01/26CNX RES CORP | 7,976,000 | $22.8M | 2.75% | — | |
| 7 | STX 3.5 06/01/28SEAGATE HDD CAYMAN | 6,284,000 | $21.1M | 2.54% | -2,807,000 | |
| 8 | MCHP 1.625 02/15/27MICROCHIP TECHNOLOGY INC. | 11,106,000 | $19.9M | 2.39% | +2.0M | |
| 9 | LYV 3.125 01/15/29LIVE NATION ENTERTAINMENT IN | 10,617,000 | $15.4M | 1.86% | +53K | |
| 10 | VTR 3.75 06/01/26VENTAS RLTY LTD PARTNERSHIP | 10,243,000 | $14.5M | 1.74% | +3.5M | |
| 11 | BOX 0 01/15/26BOX INC | 11,302,000 | $13.2M | 1.59% | — | |
| 12 | HALO 1 08/15/28HALOZYME THERAPEUTICS INC | 8,000,000 | $10.6M | 1.28% | +2.9M | |
| 13 | POST 2.5 08/15/27POST HLDGS INC | 8,888,000 | $9.6M | 1.15% | +498K | |
| 14 | LITE 0.5 12/15/26LUMENTUM HLDGS INC | 2,360,000 | $8.8M | 1.05% | NEW | |
| 15 | ALNY 1 09/15/27ALNYLAM PHARMACEUTICALS INC | 5,002,000 | $7.4M | 0.89% | +2.0M | |
| 16 | SPOT 0 03/15/26SPOTIFY USA INC | 6,152,000 | $7.0M | 0.84% | +61K | |
| 17 | PRGSPROGRESS SOFTWARE CORP | 6,606,000 | $6.6M | 0.79% | — | |
| 18 | SNOW 0 10/01/27SNOWFLAKE INC | 4,136,000 | $6.1M | 0.74% | NEW | |
| 19 | WK 1.125 08/15/26WORKIVA INC | 5,005,000 | $5.8M | 0.70% | -3,165,000 | |
| 20 | WT 3.25 06/15/26WISDOMTREE INC | 5,017,000 | $5.8M | 0.70% | +17K | |
| 21 | IONS 0 04/01/26IONIS PHARMACEUTICALS INC | 4,000,000 | $5.5M | 0.66% | NEW | |
| 22 | PLTRPALANTIR TECHNOLOGIES INC | 29,000 | $5.2M | 0.62% | -6,000 | Put |
| 23 | F 0 03/15/26FORD MTR CO | 4,326,000 | $4.5M | 0.54% | +268K | |
| 24 | TLTISHARES TR | 50,000 | $4.4M | 0.52% | -10,000 | Put |
| 25 | CVNACARVANA CO | 9,000 | $3.8M | 0.46% | +7K | Put |
Quarterly Changes
New Positions
Closed Positions
- SEALTD 2.375 12/01/25CLOSED$23.9B
- ITGR 2.125 02/15/28CLOSED$13.6B
- LRN 1.125 09/01/27CLOSED$10.0B
- RGTIWCLOSED$8.2B
- SO 3.875 12/15/25CLOSED$5.4B
- PRCH 9 05/15/30CLOSED$4.5B
- EXPE 0 02/15/26CLOSED$2.8B
- AAPLCLOSED$2.5B
- GTLS 6.75 12/15/25 BCLOSED$2.4B
- EQIXCLOSED$2.3B
Increased Positions
| Name | Shares | Change |
|---|---|---|
| HALO 1 08/15/28 | 8.0M | +2.9M |
| ALNY 1 09/15/27 | 5.0M | +2.0M |
| POST 2.5 08/15/27 | 8.9M | +498K |
| SPY | 633K | +339K |
| F 0 03/15/26 | 4.3M | +268K |
| AWK 3.625 06/15/26 | 2.8M | +210K |
| BIVI | 462K | +180K |
| EVRG 4.5 12/15/27 | 661K | +156K |
| GBX 2.875 04/15/28 | 1.6M | +114K |
| SPOT 0 03/15/26 | 6.2M | +61K |
Decreased Positions
| Name | Shares | Change |
|---|---|---|
| WK 1.125 08/15/26 | 5.0M | -3165000 |
| TYL 0.25 03/15/26 | 3.0M | -3044000 |
| STX 3.5 06/01/28 | 6.3M | -2807000 |
| WDC 3 11/15/28 | 5.7M | -1307000 |
| OXY/WS | 165K | -284393 |
| NEE | 254K | -140000 |
| CTLP | 226K | -50500 |
| NEOVW | 213K | -36372 |
| LVWR/WS | 600K | -34501 |
| BCAR | 114K | -25669 |
Sector Breakdown
Unknown0.0% ($3.043126286241842e+219T)
Financial Services0.0% ($4.3165527643435815e+146T)
Technology0.0% ($6.5645154261123974e+69T)
Healthcare0.0% ($13812688545041394.0T)
Energy0.0% ($728.4T)
Basic Materials0.0% ($60.2T)
Utilities0.0% ($8.2T)
Industrials0.0% ($2.9T)
Consumer Cyclical0.0% ($379.8M)
Consumer Defensive0.0% ($44.5M)
Real Estate0.0% ($11.0M)
Communication Services0.0% ($0)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 13, 2026 | $831.2M | 181 |
| Q3 2025 | Nov 6, 2025 | $626.9B | 188 |
| Q2 2025 | Aug 12, 2025 | $643.2B | 182 |
| Q1 2025 | May 9, 2025 | $605.4B | 191 |
| Q4 2024 | Feb 13, 2025 | $655.5B | 198 |
| Q3 2024 | Nov 6, 2024 | $562.1B | 209 |
| Q2 2024 | Aug 9, 2024 | $658.4B | 220 |
| Q1 2024 | May 6, 2024 | $696.5B | 213 |
| Q4 2023 | Feb 7, 2024 | $528.0B | 233 |
| Q3 2023 | Nov 13, 2023 | $495.6B | 244 |
| Q2 2023 | Aug 9, 2023 | $602.6B | 238 |
| Q1 2023 | May 15, 2023 | $507.5B | 249 |
| Q4 2022 | Feb 13, 2023 | $638.4B | 271 |
| Q3 2022 | Nov 7, 2022 | $578.3M | 294 |
| Q2 2022 | Aug 11, 2022 | $455.0M | 251 |
| Q1 2022 | May 13, 2022 | $21.6B | 237 |
| Q4 2021 | Feb 14, 2022 | $539.6M | 200 |
| Q3 2021 | Nov 15, 2021 | $616.7M | 196 |
| Q2 2021 | Aug 16, 2021 | $515.8M | 195 |
| Q1 2021 | May 17, 2021 | $301.0M | 153 |
| Q4 2020 | Feb 16, 2021 | $407.6M | 157 |
Fund Information
Warberg Asset Management LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $831.2M across 181 holdings. The largest position is SPDR S&P 500 ETF TR (SPY), representing 51.9% of the portfolio. Compared to the previous quarter, the fund opened 61 new positions and closed 68 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.