ZAZOVE ASSOCIATES LLC Q1 2022 Filing

Filed April 22, 2022

Portfolio Value

$1.1B

Holdings

166

Report Date

Q1 2022

Filing Type

13F-HR

All Holdings (166 positions)

#	Stock	Shares	Value	% Portfolio
1	—LANDSEA HOMES	2,865,761	$659.0M	58.10%
2	—FINANCE OF AMERICA COMPANIES	815,113	$303.0M	26.71%
3	AKAM 0.375 09/01/27AKAMAI TECHNOLOGIES	64,975,000	$75.0M	6.62%
4	CURICURIOSITYSTREAM	150,157	$70.0M	6.17%
5	ILMN 0 08/15/23ILLUMINA	54,520,000	$60.2M	5.31%
6	—BLACK MOUNTAIN ACQUISITION	210,103	$56.0M	4.94%
7	—MOTIVE CAPITAL	125,193	$51.0M	4.50%
8	LMCA 1.375 10/15/23LIBERTY MEDIA	35,867,000	$50.7M	4.47%
9	TNMGBLUE OCEAN ACQUISITION	168,542	$50.0M	4.41%
10	—VAHANNA TECH EDGE ACQUISITION	150,602	$50.0M	4.41%
11	JAZZ 2 06/15/26JAZZ INVESTMENTS I	38,819,000	$47.4M	4.18%
12	—FTAC ZEUS ACQUISITION	125,000	$46.0M	4.06%
13	EEFT 0.75 03/15/49EURONET WORLDWIDE	37,730,000	$42.6M	3.76%
14	—C5 ACQUISITION	108,607	$39.0M	3.44%
15	—INTERDIGITAL	34,126,000	$35.1M	3.10%
16	—CRYPTO 1 ACQUISITION	124,700	$33.0M	2.91%
17	—KAMAN	30,101,000	$30.9M	2.72%
18	LITE 0.5 12/15/26LUMENTUM HOLDINGS	24,477,000	$28.7M	2.53%
19	PEB 1.75 12/15/26PEBBLEBROOK HOTEL TRUST	23,770,000	$27.5M	2.43%
20	ATSG 1.125 10/15/24AIR TRANSPORT SERVICES GROUP	22,468,000	$26.7M	2.35%
21	SSRMCN 2.5 04/01/39SSR MINING	18,939,000	$26.6M	2.34%
22	LUV 1.25 05/01/25SOUTHWEST AIRLINES	17,410,000	$23.7M	2.09%
23	SHOPCN 0.125 11/01/25SHOPIFY	24,859,000	$23.7M	2.09%
24	PSN 0.25 08/15/25PARSONS	21,610,000	$22.8M	2.01%
25	JSPRWJASPER THERAPEUTICS	65,456	$22.0M	1.94%
26	SPLK 1.125 09/15/25SPLUNK	17,850,000	$21.4M	1.88%
27	MLAB 1.375 08/15/25MESA LABORATORIES	17,652,000	$19.0M	1.68%
28	DXCM 0.25 11/15/25DEXCOM INC	16,052,000	$18.4M	1.62%
29	PETQ 4 06/01/26PETIQ	15,529,000	$17.6M	1.55%
30	OXY/WSOCCIDENTAL PETROLEUM	500,000	$17.6M	1.55%
31	BAC 7.25 PERP LBANK OF AMERICA	13,020	$17.1M	1.50%
32	TYL 0.25 03/15/26TYLER TECHNOLOGIES	14,295,000	$15.7M	1.39%
33	RVNC 1.75 02/15/27REVANCE THERAPEUTICS	16,238,000	$15.3M	1.34%
34	HALO 0.25 03/01/27HALOZYME THERAPEUTICS	16,992,000	$15.0M	1.32%
35	NRG 2.75 06/01/48NRG ENERGY	13,010,000	$14.4M	1.27%
36	VATE 7.5 08/01/26 *INNOVATE	12,363,000	$14.2M	1.25%
37	UONEURBAN ONE CLASS D	2,710,624	$14.1M	1.24%
38	MIDD 1 09/01/25MIDDLEBY	10,177,000	$14.0M	1.24%
39	BHRBRAEMAR HOTELS & RESORTS	1,998,359	$12.3M	1.09%
40	WGO 1.5 04/01/25WINNEBAGO INDUSTRIES	11,264,000	$12.3M	1.09%
41	—SIXTH STREET SPECIALTY LENDING	9,595,000	$12.3M	1.08%
42	BKNG 0.75 05/01/25BOOKING HOLDINGS	7,618,000	$11.2M	0.99%
43	—HELIX ENERGY SOLUTIONS GROUP	9,829,000	$11.1M	0.98%
44	CMLSCUMULUS MEDIA	1,096,459	$11.0M	0.97%
45	AKAM 0.125 05/01/25AKAMAI TECHNOLOGIES	8,310,000	$10.9M	0.96%
46	INN 1.5 02/15/26SUMMIT HOTEL PROPERTIES	10,300,000	$10.7M	0.95%
47	CAKE 0.375 06/15/26CHEESECAKE FACTORY	11,078,000	$10.0M	0.88%
48	F 0 03/15/26FORD MOTOR	8,350,000	$9.9M	0.87%
49	CYBR 0 11/15/24CYBERARK SOFTWARE	7,739,000	$9.6M	0.85%
50	Z 2.75 05/15/25ZILLOW GROUP INC.	8,135,000	$9.2M	0.81%
51	—MUDRICK CAPITAL ACQUISITION	21,800	$9.0M	0.79%
52	LCII 1.125 05/15/26LCI INDUSTRIES	9,450,000	$8.7M	0.77%
53	UANCVR PARTNERS	60,700	$8.4M	0.74%
54	ABNB 0 03/15/26AIRBNB	8,320,000	$8.1M	0.71%
55	—BLUEKNIGHT ENERGY PARTNERS	2,402,670	$8.0M	0.71%
56	CCOCLEAR CHANNEL HOLDINGS	2,226,144	$7.7M	0.68%
57	OKTA 0.375 06/15/26OKTA	7,556,000	$7.4M	0.65%
58	PSEC 6.375 03/01/25PROSPECT CAPITAL	6,580,000	$7.2M	0.64%
59	—ZENDESK	5,630,000	$7.1M	0.63%
60	—HOPE BANCORP	7,158,000	$7.1M	0.62%
61	—GOOD WORKS II ACQUISITION	31,076	$7.0M	0.62%
62	WDC 1.5 02/01/24WESTERN DIGITAL	6,800,000	$6.6M	0.58%
63	ARCC 4.625 03/01/24ARES CAPITAL	5,556,000	$6.3M	0.55%
64	—EAST STONE ACQUISITION	30,000	$6.0M	0.53%
65	—GARRETT MOTION	721,151	$5.9M	0.52%
66	RCL 4.25 06/15/23ROYAL CARIBBEAN CRUISES	4,340,000	$5.7M	0.50%
67	—BLUEKNIGHT ENERGY PARTNERS	669,855	$5.6M	0.50%
68	NCLH 5.375 08/01/25NCL CORPORATION	3,773,000	$5.5M	0.48%
69	SNAP 0.25 05/01/25SNAP	3,000,000	$5.3M	0.47%
70	CNX 2.25 05/01/26CNX RESOURCES	3,020,000	$5.2M	0.46%
71	ONEM 3 06/15/251LIFE HEALTHCARE	6,010,000	$5.2M	0.46%
72	PD 1.25 07/01/25PAGERDUTY	4,500,000	$5.2M	0.45%
73	DJTWWDIGITAL WORLD ACQUISITION	298,750	$5.0M	0.44%
74	—ATLAS AIR WORLDWIDE HOLDINGS, INC	4,369,000	$5.0M	0.44%
75	GH 0 11/15/27GUARDANT HEALTH	5,735,000	$4.7M	0.41%
76	KYNKAYNE ANDERSON MLP INVESTMENT COMPANY	468,507	$4.3M	0.38%
77	PANW 0.375 06/01/25PALO ALTO NETWORKS	2,000,000	$4.2M	0.37%
78	FOUR 0 12/15/25SHIFT4 PAYMENTS	3,850,000	$4.0M	0.36%
79	PANW 0.75 07/01/23PALO ALTO NETWORKS	1,500,000	$3.5M	0.31%
80	SEDG 0 09/15/25SOLAREDGE TECHNOLOGIES	2,380,000	$3.3M	0.29%
81	SKINBEAUTY HEALTH	193,500	$3.3M	0.29%
82	—HARMONIC	2,500,000	$3.2M	0.28%
83	VSH 2.25 06/15/25VISHAY INTERTECHNOLOGY	3,000,000	$3.0M	0.27%
84	SPLK 0.5 09/15/23SPLUNK	2,550,000	$2.9M	0.26%
85	PENG 2.25 02/15/26SMART GLOBAL HOLDINGS	2,000,000	$2.9M	0.26%
86	—MARRIOTT VACATIONS WORLDWIDE	2,519,000	$2.9M	0.25%
87	EXPE 0 02/15/26EXPEDIA GROUP	2,250,000	$2.8M	0.25%
88	LRN 1.125 09/01/27STRIDE	2,775,000	$2.8M	0.24%
89	LSEALANDSEA HOMES	318,796	$2.7M	0.24%
90	KBR 2.5 11/01/23KBR	1,250,000	$2.7M	0.24%
91	HTZWWHERTZ GLOBAL	175,900	$2.7M	0.24%
92	USACUSA COMPRESSION PARTNERS	151,715	$2.7M	0.24%
93	PFIXSIMPLIFY INTEREST RATE HEDGE	52,380	$2.6M	0.23%
94	KYNKAYNE ANDERSON MIDSTREAM/ENERGY FUND	299,073	$2.6M	0.23%
95	RNG 0 03/01/25RINGCENTRAL	2,837,000	$2.5M	0.22%
96	AMANTERO MIDSTREAM	225,000	$2.4M	0.22%
97	BURL 2.25 04/15/25BURLINGTON STORES	2,000,000	$2.3M	0.20%
98	—MERITOR	2,000,000	$2.2M	0.19%
99	—BRC	455,601	$2.1M	0.18%
100	XYZ 0.125 03/01/25BLOCK	1,550,000	$2.0M	0.18%

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