ZAZOVE ASSOCIATES LLC Q1 2023 Filing

Filed May 4, 2023

Portfolio Value

$1.1B

Holdings

141

Report Date

Q1 2023

Filing Type

13F-HR

All Holdings (141 positions)

#	Stock	Shares	Value	% Portfolio
1	—CANO HEALTH	5,234,094	$774.0M	70.40%
2	—LANDSEA HOMES	2,501,755	$363.0M	33.02%
3	—LANVIN GROUP	730,173	$273.0M	24.83%
4	NCMIEURNATIONAL CINEMEDIA	1,264,938	$167.0M	15.19%
5	THCHTH INTERNATIONAL	277,509	$135.0M	12.28%
6	AKAM 0.375 09/01/27AKAMAI TECHNOLOGIES	69,750,000	$64.0M	5.82%
7	—FINANCE OF AMERICA COMPANIES	502,865	$62.0M	5.64%
8	LUV 1.25 05/01/25SOUTHWEST AIRLINES	54,140,000	$61.0M	5.55%
9	SSRMCN 2.5 04/01/39SSR MINING	53,560,000	$58.0M	5.28%
10	—BETTER WORLD ACQUISITION	539,596	$55.0M	5.00%
11	PSFEPAYSAFE	546,914	$51.0M	4.64%
12	LINTA 3.75 02/15/30LIBERTY INTERACTIVE (TMOBILE BASKET)	266,000	$44.0M	4.00%
13	NRG 2.75 06/01/48NRG ENERGY	39,636,000	$41.0M	3.73%
14	JAZZ 2 06/15/26JAZZ INVESTMENTS I	36,360,000	$40.0M	3.64%
15	PSN 0.25 08/15/25PARSONS	35,675,000	$39.0M	3.55%
16	F 0 03/15/26FORD MOTOR	37,585,000	$37.0M	3.37%
17	SEDG 0 09/15/25SOLAREDGE TECHNOLOGIES	26,020,000	$33.0M	3.00%
18	ARQQARQIT QUANTUM	89,724	$33.0M	3.00%
19	ENPH 0 03/01/26ENPHASE ENERGY	32,100,000	$33.0M	3.00%
20	MGPI 1.875 11/15/41MGP INGREDIENTS	26,517,000	$31.0M	2.82%
21	—KAMAN	29,352,000	$27.0M	2.46%
22	MIDD 1 09/01/25MIDDLEBY	20,200,000	$25.0M	2.27%
23	DDOG 0.125 06/15/25DATADOG	23,950,000	$25.0M	2.27%
24	TYL 0.25 03/15/26TYLER TECHNOLOGIES	26,389,000	$25.0M	2.27%
25	DXCM 0.25 11/15/25DEXCOM INC	22,277,000	$23.0M	2.09%
26	CBRL 0.625 06/15/26CRACKER BARREL OLD COUNTRY STORE	25,738,000	$23.0M	2.09%
27	MLAB 1.375 08/15/25MESA LABORATORIES	23,977,000	$22.0M	2.00%
28	JBTM 0.25 05/15/26JOHN BEAN TECHNOLOGIES	23,291,000	$21.0M	1.91%
29	BHR 4.5 06/01/26BRAEMAR HOTELS & RESORTS	23,260,000	$21.0M	1.91%
30	ATSG 1.125 10/15/24AIR TRANSPORT SERVICES GROUP	22,373,000	$21.0M	1.91%
31	CYBR 0 11/15/24CYBERARK SOFTWARE	18,929,000	$21.0M	1.91%
32	OXY/WSOCCIDENTAL PETROLEUM	500,000	$20.0M	1.82%
33	PEB 1.75 12/15/26PEBBLEBROOK HOTEL TRUST	22,535,000	$19.0M	1.73%
34	—MOTIVE CAPITAL	125,193	$19.0M	1.73%
35	ARCC 4.625 03/01/24ARES CAPITAL	19,021,000	$19.0M	1.73%
36	BILL 0 12/01/25BILL.COM HOLDINGS	17,025,000	$15.0M	1.36%
37	LITE 0.5 12/15/26LUMENTUM HOLDINGS	16,202,000	$14.0M	1.27%
38	AIIONWTN	64,571	$14.0M	1.27%
39	PETQ 4 06/01/26PETIQ	16,795,000	$14.0M	1.27%
40	UONEURBAN ONE CLASS D	2,443,683	$13.0M	1.18%
41	JSPRWJASPER THERAPEUTICS	65,456	$12.0M	1.09%
42	LMCA 1.375 10/15/23LIBERTY MEDIA (SIRIUS XM BASKET)	11,999,000	$12.0M	1.09%
43	VATE 7.5 08/01/26 *INNOVATE	12,363,000	$9.0M	0.82%
44	—HELIX ENERGY SOLUTIONS GROUP	6,704,000	$9.0M	0.82%
45	NCLH 1.125 02/15/27NCL CORPORATION	13,175,000	$9.0M	0.82%
46	BHRBRAEMAR HOTELS & RESORTS	2,101,511	$8.0M	0.73%
47	HALO 0.25 03/01/27HALOZYME THERAPEUTICS	9,443,000	$8.0M	0.73%
48	VREX 4 06/01/25VAREX IMAGING	7,676,000	$8.0M	0.73%
49	—VAHANNA TECH EDGE ACQUISITION	150,602	$7.0M	0.64%
50	—GARRETT MOTION	801,351	$7.0M	0.64%
51	WESTWESTROCK COFFEE	2,765,745	$6.0M	0.55%
52	AKAM 0.125 05/01/25AKAMAI TECHNOLOGIES	6,585,000	$6.0M	0.55%
53	UANCVR PARTNERS	76,700	$6.0M	0.55%
54	GH 0 11/15/27GUARDANT HEALTH	9,735,000	$6.0M	0.55%
55	—CONMED	4,500,000	$5.0M	0.45%
56	—HESKA	3,346,000	$4.0M	0.36%
57	VUSBVANGUARD ULTRA SHORT BOND	100,000	$4.0M	0.36%
58	PETQEURPETIQ	430,392	$4.0M	0.36%
59	ICSHBLACKROCK ULTRA SHORTTERM BOND	96,846	$4.0M	0.36%
60	INN 1.5 02/15/26SUMMIT HOTEL PROPERTIES	5,035,000	$4.0M	0.36%
61	ABNB 0 03/15/26AIRBNB	5,190,000	$4.0M	0.36%
62	CMLSCUMULUS MEDIA	1,315,617	$4.0M	0.36%
63	KYNKAYNE ANDERSON ENERGY INFRASTRUCTURE FUND	468,507	$4.0M	0.36%
64	PANW 0.375 06/01/25PALO ALTO NETWORKS	2,000,000	$4.0M	0.36%
65	CCOCLEAR CHANNEL HOLDINGS	4,047,637	$4.0M	0.36%
66	UONEEURURBAN ONE CLASS A	585,978	$4.0M	0.36%
67	SKINBEAUTY HEALTH	342,404	$4.0M	0.36%
68	LRN 1.125 09/01/27STRIDE	3,622,000	$3.0M	0.27%
69	CNX 2.25 05/01/26CNX RESOURCES	2,500,000	$3.0M	0.27%
70	BTU 3.25 03/01/28PEABODY ENERGY	2,000,000	$3.0M	0.27%
71	ETSY 0.125 10/01/26ETSY	2,500,000	$3.0M	0.27%
72	USACUSA COMPRESSION PARTNERS	151,715	$3.0M	0.27%
73	BMRN 1.25 05/15/27BIOMARIN PHARMACEUTICAL INC	3,750,000	$3.0M	0.27%
74	PANW 0.75 07/01/23PALO ALTO NETWORKS	1,500,000	$3.0M	0.27%
75	PFIXSIMPLIFY INTEREST RATE HEDGE	52,380	$3.0M	0.27%
76	PSEC 6.375 03/01/25PROSPECT CAPITAL	2,382,000	$2.0M	0.18%
77	PD 1.25 07/01/25PAGERDUTY	2,500,000	$2.0M	0.18%
78	PODD 0.375 09/01/26INSULET CORP	2,000,000	$2.0M	0.18%
79	GETYGETTY IMAGES HOLDING	401,978	$2.0M	0.18%
80	SOYSUNOPTA	288,539	$2.0M	0.18%
81	MDB 0.25 01/15/26MONGODB	2,000,000	$2.0M	0.18%
82	RUMBWRUMBLE	896,540	$2.0M	0.18%
83	KBR 2.5 11/01/23KBR	1,250,000	$2.0M	0.18%
84	AYS1SANDSTORM GOLD	370,000	$2.0M	0.18%
85	ODVOSISKO DEVELOPMENT	600,000	$2.0M	0.18%
86	AMANTERO MIDSTREAM	225,000	$2.0M	0.18%
87	—GRANITE RIDGE RESOURCES	3,482,752	$2.0M	0.18%
88	Z 1.375 09/01/26ZILLOW GROUP	2,500,000	$2.0M	0.18%
89	GDLGDL FUND	355,151	$2.0M	0.18%
90	EEFT 0.75 03/15/49EURONET WORLDWIDE	2,775,000	$2.0M	0.18%
91	KYNKAYNE ANDERSON NEXTGEN ENERGY & INFRA	357,252	$2.0M	0.18%
92	SPLK 1.125 09/15/25SPLUNK	2,170,000	$2.0M	0.18%
93	—MIRION TECHNOLOGIES	981,613	$1.0M	0.09%
94	FOUR 0 12/15/25SHIFT4 PAYMENTS	1,100,000	$1.0M	0.09%
95	NCLH 5.375 08/01/25NCL CORPORATION	1,700,000	$1.0M	0.09%
96	—CORENERGY INFRASTRUCTURE TRUST	1,288,000	$1.0M	0.09%
97	HTZWWHERTZ GLOBAL	113,190	$1.0M	0.09%
98	CHEF 1.875 12/01/24CHEFS WAREHOUSE	1,033,000	$1.0M	0.09%
99	—INDIE SEMICONDUCTOR	570,145	$1.0M	0.09%
100	KRSPRICE ACQUISITION CORP II A	920,000	$1.0M	0.09%

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