ZAZOVE ASSOCIATES LLC Q2 2025 Filing
Filed August 12, 2025
Portfolio Value
$1.2T
Holdings
152
Report Date
Q2 2025
Filing Type
13F-HR
All Holdings (152 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | TTEK 2.25 08/15/28TETRA TECH INC NEW | 67,529,000 | $69.8B | 5.98% | |
| 2 | PSN 2.625 03/01/29PARSONS CORP DEL | 69,061,000 | $69.1B | 5.91% | |
| 3 | VTR 3.75 06/01/26VENTAS RLTY LTD PARTNERSHIP | 48,490,000 | $62.5B | 5.35% | |
| 4 | BAC 0.6 05/25/27 MTNBOFA FIN LLC | 57,877,000 | $57.7B | 4.94% | |
| 5 | GPN 1.5 03/01/31GLOBAL PMTS INC | 60,135,000 | $56.7B | 4.85% | |
| 6 | DUK 4.125 04/15/26DUKE ENERGY CORP NEW | 47,535,000 | $51.5B | 4.41% | |
| 7 | PPL 2.875 03/15/28PPL CAP FDG INC | 42,720,000 | $47.9B | 4.10% | |
| 8 | AKAM 1.125 02/15/29AKAMAI TECHNOLOGIES INC | 48,417,000 | $46.1B | 3.94% | |
| 9 | TYL 0.25 03/15/26TYLER TEX INDPT SCH DIST | 32,645,000 | $39.7B | 3.40% | |
| 10 | AEIS 2.5 09/15/28ADVANCED ENERGY INDS | 38,045,000 | $39.0B | 3.34% | |
| 11 | SIRI 3.75 03/15/28LIBERTY MEDIA CORP DEL | 33,231,000 | $34.4B | 2.94% | |
| 12 | AWK 3.625 06/15/26AMERICAN WTR CAP CORP | 29,050,000 | $29.8B | 2.55% | |
| 13 | SPOT 0 03/15/26SPOTIFY USA INC | 24,855,000 | $29.7B | 2.54% | |
| 14 | ALNY 1 09/15/27ALNYLAM PHARMACEUTICALS INC | 25,480,000 | $29.4B | 2.52% | |
| 15 | RGEN 1 12/15/28REPLIGEN CORP | 26,950,000 | $26.6B | 2.28% | |
| 16 | EVRG 4.5 12/15/27EVERGY INC | 22,445,000 | $26.4B | 2.26% | |
| 17 | FLR 1.125 08/15/29FLUOR CORP | 23,190,000 | $24.6B | 2.11% | |
| 18 | NTNX 0.25 10/01/27NUTANIX INC | 18,170,000 | $24.2B | 2.07% | |
| 19 | F 0 03/15/26FORD MTR CO | 23,360,000 | $22.9B | 1.96% | |
| 20 | UBER 0.875 12/01/28 2028UBER TECHNOLOGIES INC | 17,700,000 | $21.5B | 1.84% | |
| 21 | FIVN 1 03/15/29FIVE9 INC | 21,615,000 | $18.4B | 1.58% | |
| 22 | BHR 4.5 06/01/26BRAEMAR HOTELS & RESORTS INC | 18,140,000 | $17.1B | 1.46% | |
| 23 | SO 3.875 12/15/25SOUTHERN CO | 15,200,000 | $17.0B | 1.46% | |
| 24 | EQXCN 4.75 10/15/28EQUINOX GOLD CORP | 12,596,000 | $17.0B | 1.45% | |
| 25 | UBER 0 12/15/25UBER TECHNOLOGIES INC | 14,760,000 | $15.7B | 1.34% | |
| 26 | BTU 3.25 03/01/28PEABODY ENGR CORP | 13,265,000 | $13.8B | 1.18% | |
| 27 | NOG 3.625 04/15/29NORTHERN OIL & GAS INC | 12,011,000 | $12.7B | 1.09% | |
| 28 | ENOV 3.875 10/15/28ENOVIS CORPORATION | 11,315,000 | $11.6B | 0.99% | |
| 29 | NCLH 1.125 02/15/27NCL CORP LTD | 11,870,000 | $11.5B | 0.99% | |
| 30 | BKD 2 10/15/26BROOKDALE SR LIVING INC | 10,730,000 | $10.8B | 0.93% | |
| 31 | FOUR 0.5 08/01/27SHIFT4 PMTS INC | 9,980,000 | $10.1B | 0.87% | |
| 32 | OPK 3.75 01/15/29OPKO HEALTH INC | 6,128,000 | $9.9B | 0.85% | |
| 33 | ASND 2.25 04/01/28ASCENDIS PHARMA A/S | 7,770,000 | $9.2B | 0.79% | |
| 34 | SPSBSPDR SER TR | 300,000 | $9.0B | 0.77% | |
| 35 | VREX 4 06/01/25VAREX IMAGING CORP | 8,950,000 | $8.9B | 0.76% | |
| 36 | AAL 6.5 07/01/25AMERICAN AIRLINES GROUP INC | 8,305,000 | $8.3B | 0.71% | |
| 37 | PENN 2.75 05/15/26PENN ENTERTAINMENT INC | 7,840,000 | $8.1B | 0.69% | |
| 38 | KYNKAYNE ANDERSON ENERGY INFRST | 592,945 | $7.6B | 0.65% | |
| 39 | KOS 3.125 03/15/30KOSMOS ENERGY LTD | 9,050,000 | $6.9B | 0.59% | |
| 40 | PCG 4.25 12/01/27PG&E CORP | 6,250,000 | $6.6B | 0.57% | |
| 41 | EXPE 0 02/15/26EXPEDIA GROUP INC | 6,292,000 | $6.2B | 0.53% | |
| 42 | SRPT 1.25 09/15/27SAREPTA THERAPEUTICS INC | 6,000,000 | $5.6B | 0.48% | |
| 43 | WESTWESTROCK COFFEE CO | 771,505 | $5.6B | 0.48% | |
| 44 | CMS 3.375 05/01/28CMS ENERGY CORP | 4,975,000 | $5.5B | 0.47% | |
| 45 | LNT 3.875 03/15/26ALLIANT ENERGY CORP | 5,000,000 | $5.4B | 0.46% | |
| 46 | BHRBRAEMAR HOTELS & RESORTS INC | 2,088,686 | $5.2B | 0.45% | |
| 47 | WDC 3 11/15/28WESTERN DIGITAL CORP | 4,000,000 | $5.2B | 0.44% | |
| 48 | VUSBVANGUARD BD INDEX FDS | 100,000 | $5.0B | 0.43% | |
| 49 | GRNTGRANITE RIDGE RESOURCES INC | 815,420 | $5.0B | 0.42% | |
| 50 | JAZZ 2 06/15/26JAZZ INVESTMENTS I LTD | 4,465,000 | $4.6B | 0.40% | |
| 51 | BE 3 06/01/28BLOOM ENERGY CORP | 3,000,000 | $3.9B | 0.34% | |
| 52 | MGPI 1.875 11/15/41MGP INGREDIENTS INC NEW | 4,000,000 | $3.8B | 0.32% | |
| 53 | LNTH 2.625 12/15/27LANTHEUS HLDGS INC | 2,500,000 | $3.5B | 0.30% | |
| 54 | UONEURBAN ONE INC | 4,702,775 | $3.4B | 0.29% | |
| 55 | RIVN 4.625 03/15/29RIVIAN AUTOMOTIVE INC | 3,000,000 | $2.9B | 0.25% | |
| 56 | DDOG 0.125 06/15/25DATADOG INC | 2,500,000 | $2.8B | 0.24% | |
| 57 | CFLT 0 01/15/27CONFLUENT INC | 3,000,000 | $2.8B | 0.24% | |
| 58 | TMDX 1.5 06/01/28TRANSMEDICS GROUP INC | 2,500,000 | $2.7B | 0.23% | |
| 59 | FWONK 2.25 08/15/27LIBERTY MEDIA CORP DEL | 2,170,000 | $2.7B | 0.23% | |
| 60 | ATSG 3.875 08/15/29AIR TRANS SVCS GROUP INC | 2,530,000 | $2.5B | 0.22% | |
| 61 | RUMBWRUMBLE INC | 1,078,092 | $2.5B | 0.21% | |
| 62 | LYFT 0.625 03/01/29LYFT INC | 2,500,000 | $2.4B | 0.21% | |
| 63 | POST 2.5 08/15/27POST HLDGS INC | 2,000,000 | $2.4B | 0.20% | |
| 64 | CCOCLEAR CHANNEL OUTDOOR HLDGS | 2,094,793 | $2.3B | 0.20% | |
| 65 | INN 1.5 02/15/26SUMMIT HOTEL PPTYS | 2,181,000 | $2.1B | 0.18% | |
| 66 | COIN 0.5 06/01/26COINBASE GLOBAL INC | 2,000,000 | $2.0B | 0.17% | |
| 67 | ON 0.5 03/01/29ON SEMICONDUCTOR CORP | 2,000,000 | $1.7B | 0.15% | |
| 68 | ITGR 2.125 02/15/28INTEGER HLDGS CORP | 1,140,000 | $1.7B | 0.14% | |
| 69 | SOYSUNOPTA INC | 340,447 | $1.7B | 0.14% | |
| 70 | SEALTD 2.375 12/01/25SEA LTD | 870,000 | $1.3B | 0.11% | |
| 71 | GDLGDL FD | 120,522 | $992.5M | 0.08% | |
| 72 | LUXEMYT NETHERLANDS PARENT B V | 130,341 | $985.4M | 0.08% | |
| 73 | GROYGOLD ROYALTY CORP | 629,758 | $906.9M | 0.08% | |
| 74 | BA 6 10/15/27BOEING CO | 15,000 | $889.9M | 0.08% | |
| 75 | ODVOSISKO DEVELOPMENT CORP | 590,294 | $879.5M | 0.08% | |
| 76 | THCHTH INTERNATIONAL LIMITED | 254,426 | $745.5M | 0.06% | |
| 77 | LUNRINTUITIVE MACHINES INC | 97,500 | $726.4M | 0.06% | |
| 78 | ITRI 0 03/15/26ITRON INC | 675,000 | $694.5M | 0.06% | |
| 79 | CMLSCUMULUS MEDIA INC | 1,528,428 | $675.6M | 0.06% | |
| 80 | UONEEURURBAN ONE INC | 461,516 | $664.6M | 0.06% | |
| 81 | PCTTWPURECYCLE TECHNOLOGIES INC | 396,107 | $604.1M | 0.05% | |
| 82 | CVICVR ENERGY INC | 71,300 | $570.4M | 0.05% | Call |
| 83 | AYS1SANDSTORM GOLD LTD | 75,000 | $566.3M | 0.05% | |
| 84 | RNG 0 03/15/26RINGCENTRAL INC | 589,000 | $561.6M | 0.05% | |
| 85 | CPRICAPRI HOLDINGS LIMITED | 25,000 | $493.3M | 0.04% | |
| 86 | —ALLIANCEBERNSTEIN HLDG L P | 67,400 | $483.5M | 0.04% | Call |
| 87 | UANCVR PARTNERS LP | 6,400 | $481.1M | 0.04% | |
| 88 | NPWR/WSNET POWER INC | 1,420,990 | $434.3M | 0.04% | |
| 89 | SSRMCN 2.5 04/01/39SSR MINING IN | 430,000 | $433.1M | 0.04% | |
| 90 | PCRX 0.75 08/01/25PACIRA BIOSCIENCES INC | 400,000 | $393.8M | 0.03% | |
| 91 | FIVN 0.5 06/01/25FIVE9 INC | 395,000 | $391.6M | 0.03% | |
| 92 | SNAP 0.125 03/01/28SNAP INC | 460,000 | $390.0M | 0.03% | |
| 93 | GRPN 1.125 03/15/26GROUPON INC | 400,000 | $389.4M | 0.03% | |
| 94 | SEDG 0 09/15/25SOLAREDGE TECHNOLOGIES INC | 400,000 | $387.9M | 0.03% | |
| 95 | JBLU 0.5 04/01/26JETBLUE AIRWAYS CORP | 400,000 | $378.1M | 0.03% | |
| 96 | PMT 5.5 03/15/26PENNYMAC CORP | 382,000 | $378.0M | 0.03% | |
| 97 | EB 0.75 09/15/26EVENTBRITE INC | 410,000 | $375.5M | 0.03% | |
| 98 | ABR 7.5 08/01/25ARBOR REALTY TRUST INC | 375,000 | $374.8M | 0.03% | |
| 99 | ZD 1.75 11/01/26ZIFF DAVIS INC | 394,000 | $370.7M | 0.03% | |
| 100 | OIS 4.75 04/01/26OIL STS INTL INC | 375,000 | $369.3M | 0.03% |
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