Linden Advisors portfolio

What changed this quarter

84 positions with a change (12 new, 23 added to, 21 trimmed, 28 sold); also, 25 entered through an IPO, 14 exited through an acquisition or merger, 72 entered through a spin-off. 8 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Alphabet+9.6 ppof portfolioNew
  — → 9.6%
• Nextera Energy−4.8 ppof portfolioSold out
  5.9% → —
• Robinhood Markets+1.0 ppof portfolioNew
  — → 1.0%
• Lionheart Holdings+0.9 ppof portfolioNew
  — → 0.9%
• Crescent Energy−0.8 ppof portfolioSold out
  0.9% → —
• Core Scientific−0.8 ppof portfolioSold out
  0.9% → —
• Idea Acquisition−0.7 ppof portfolioSold out
  0.9% → —
• HCM IV Acquisition−0.5 ppof portfolioSold out
  0.7% → —

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• AlphabetGOOG · GOOGL9.6%
• Robinhood MarketsHOOD1.0%
• Silverbox Corp IVSBXD0.9%
• Lionheart HoldingsCUB0.9%
• Inflection Point Acquisition Corp. III0.8%
• Thayer Ventures Acquisition Corporation IITVAI0.8%
• Lafayette Digital Acquisition Corp. IZKP0.8%
• Futurecorp Space AcquisitionFTRA/U(unit)0.8%
• Ares Acquisition Corp IIIAAC/U(unit)0.8%
• Range Capital Acquisition Corp IIRNGT0.8%
• Idea AcquisitionIACO0.7%
• Berto Acquisition Corp. IIGUACU(unit)0.7%
• Collective Acquisition Corp. IICAII0.7%
• Talon CapitalTLNC0.7%
• Graf GlobalTONT0.7%
• D. Boral ARC ACQ I0.7%
• Jena Acquisition Corporation IIJENA0.7%
• Bleichroeder Acquisiti0.7%
• Art Technology AcquisitionARTC0.7%
• Soren AcquisitionSORN0.7%
• Berto AcquisitionTACO0.7%
• Inflection Point Acquisition Corp. VIIIPXG0.7%
• Perimeter Acquisition Corp. IPMTR0.7%
• Inflection Point Acquisition Corp. VIIPFX0.7%
• EGH AcquisitionEGHA0.7%
• Gores Holdings XGTEN0.7%
• Hennessy Capital Investment Corp. VIIONEN0.7%
• Safeguard AcquisitionSAC0.7%
• Karbon Capital PartnersKBON0.6%
• Iron Horse Acquisition IIIRHO0.6%
• SC II AcquisitionSCII0.6%
• Evolution Global AcquisitionEVOX0.6%
• FG Imperii AcquisitionFGII0.6%
• Mountain Lake Acquisition Corp. IIMLAA0.6%
• Mckinley AcquisitionMKLY0.6%
• Kochav Defense AcquisitionKCHV0.6%
• Cohen Circle Acquisition Corp. IICCII0.6%
• X3 AcquisitionXCBE0.6%
• Armada Acquisition Corp. IIIAACI0.6%
• Launch Two AcquisitionLPBB0.6%
• Republic Digital AcquisitionRDAG0.6%
• Daedalus Special AcquisitionDSAC0.6%
• Abony Acquisition Corp. IAACO0.6%
• Spring Valley Acquisition Corp. IVSVIV0.6%
• K&f Growth Acquisition Corp. IIKFII0.6%
• Keystone AcquisitionKEYY0.6%
• Cantor Equity Partners IVCEPF0.6%
• GSR IV AcquisitionGSRF0.5%
• OTG Acquisition Corp. IOTGA0.5%
• Fortress Value Acquisition Corp. VFVAV0.5%
• HCM IV AcquisitionHACQ0.5%
• Churchill Capital Corp IX/Cayman0.5%
• Meshflow AcquisitionMESH0.5%
• Bitcoin Infrastructure AcquisitionBIXI0.5%
• Snow Rothschild AcquisitionISNRU(unit)0.5%
• Titan AcquisitionTACH0.5%
• New Providence Acquisition Corp. III/CaymanNPAC0.5%
• HCM III AcquisitionHCMA0.5%
• Translational Development AcquisitionTDAC0.5%
• Bold Eagle AcquisitionBEAG0.5%
• Jackson Acquisition Company IIJACS0.5%
• Crane Harbor Acquisition Corp. IICRAN0.5%
• Gores Holdings XIGHXIU(unit)0.5%
• Archimedes Tech Spac Partners IIIARCI0.5%
• Aldabra 4 Liquidity Opportunity VehicleALOV0.5%
• M EVO Global Acquisition Corp IIMEVO0.5%
• Oyster Enterprises II AcquisitionOYSE0.5%
• Pyrophyte Acquisition Corp. IIPAII0.5%
• Rithm AcquisitionRAC0.5%
• CH4 Natural SolutionsMTNE0.5%
• WEN AcquisitionWENN0.5%
• BTC DevelopmentBDCI0.5%
• M3-brigade Acquisition VIMBVI0.5%
• Activate Energy AcquisitionAEAQ0.5%
• Centurion AcquisitionALF0.5%
• Andretti Acquisition Corp. IIPOLE0.5%
• Churchill Capital Corp XIICXII0.5%
• Legato Merger Corp. IVLEGO0.5%
• Artius II Acquisition0.5%
• EQV Ventures Acquisition Corp. IIEVAC0.5%
• Hennessy Capital Investment Corp. ViiiHCIC0.5%
• 1rt AcquisitionONCH0.4%
• Pioneer Acquisition IPACH0.4%
• Texas Ventures Acquisition IIITVA0.4%
• Aldel Financial IIALDF0.4%
• Oneim AcquisitionOIM0.4%
• Silverbox Corp VSBXE0.4%
• Alussa Energy Acquisition Corp. IIALUB0.4%
• Invest Green AcquisitionIGAC0.4%
• RMG ML Sports HoldingsSHOTU(unit)0.4%
• MOZAYYX AcquisitionMZYX0.4%
• Averin Capital AcquisitionACAA0.4%
• Tribeca Strategic AcquisitionBIDWU(unit)0.4%
• Proem Acquisition Corp IPAAC0.4%
• ProCap AcquisitionPCAP0.4%
• Lightwave AcquisitionLWAC0.4%
• General Catalyst Global Resilience MergerGCGR0.4%
• Newbury Street II AcquisitionNTWO0.4%
• Newhold Investment Corp IVNHIV0.4%