Zazove Associates

Zazove Associates as of Sept. 30, 2025

Portfolio Holdings for Zazove Associates

Zazove Associates holds 170 positions in its portfolio as reported in the September 2025 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Parsons Corp Del Note 2.625% 3/0 (Principal) 5.9 $65M 57M 1.14
Ventas Rlty Ltd Partnership Note 3.750% 6/0 (Principal) 5.6 $61M 48M 1.29
Tetra Tech DBCV 2.250% 8/1 (Principal) 5.5 $61M 56M 1.08
Tyler Tex Indpt Sch Dist Note 0.250% 3/1 (Principal) 4.6 $51M 47M 1.10
MKS Note 1.250% 6/0 (Principal) 4.1 $45M 41M 1.10
Duke Energy Corp Note 4.125% 4/1 (Principal) 4.0 $45M 42M 1.07
Fluor Corp Note 1.125% 8/1 (Principal) 3.8 $42M 36M 1.19
Itron Note 1.375% 7/1 (Principal) 3.4 $37M 33M 1.15
Varonis Sys Note 1.000% 9/1 (Principal) 3.2 $35M 33M 1.08
Bofa Fin MTNF 0.600% 5/2 (Principal) 3.0 $33M 33M 0.99
Ppl Cap Fdg Note 2.875% 3/1 (Principal) 2.9 $32M 28M 1.14
Southern Note 4.500% 6/1 (Principal) 2.7 $30M 27M 1.11
Global Pmts Note 1.500% 3/0 (Principal) 2.7 $30M 33M 0.91
Haemonetics Corp Mass Note 2.500% 6/0 (Principal) 2.7 $30M 32M 0.92
Jazz Investments I Note 3.125% 9/1 (Principal) 2.5 $28M 24M 1.19
Repligen Corp Note 1.000%12/1 (Principal) 2.4 $27M 26M 1.01
Shopify Note 0.125%11/0 (Principal) 2.2 $25M 23M 1.05
Evergy Note 4.500%12/1 (Principal) 2.2 $24M 19M 1.25
Aerovironment Note 7/1 (Principal) 1.9 $21M 17M 1.24
Advanced Energy Inds Note 2.500% 9/1 (Principal) 1.8 $20M 15M 1.39
Braemar Hotels & Resorts Note 4.500% 6/0 (Principal) 1.6 $17M 18M 0.98
Brookdale Sr Living Note 2.000%10/1 (Principal) 1.5 $17M 14M 1.17
Granite Constr Note 3.250% 6/1 (Principal) 1.4 $15M 9.9M 1.53
Snowflake Note 10/0 (Principal) 1.3 $15M 9.4M 1.57
Ssr Mining In Note 2.500% 4/0 (Principal) 1.3 $15M 10M 1.42
Vertex Note 0.750% 5/0 (Principal) 1.2 $13M 13M 1.02
Spotify Usa Note 3/1 (Principal) 1.2 $13M 9.8M 1.37
Ncl Corp Note 1.125% 2/1 (Principal) 1.2 $13M 13M 1.03
Shift4 Pmts Note 0.500% 8/0 (Principal) 1.2 $13M 13M 0.98
Northern Oil & Gas Note 3.625% 4/1 (Principal) 1.2 $13M 13M 1.01
Meritage Homes Corp Note 1.750% 5/1 (Principal) 1.0 $11M 11M 1.02
Enovis Corporation Note 3.875%10/1 (Principal) 1.0 $11M 11M 0.99
Bank America Corp 7.25%CNV PFD L (BAC.PL) 0.9 $9.5M 7.4k 1281.01
Opko Health Note 3.750% 1/1 (Principal) 0.8 $9.1M 5.9M 1.54
Coinbase Global Note 0.500% 6/0 (Principal) 0.8 $9.0M 8.1M 1.11
Peabody Engr Corp Note 3.250% 3/0 (Principal) 0.8 $9.0M 6.0M 1.50
American Wtr Cap Corp Note 3.625% 6/1 (Principal) 0.8 $8.6M 8.6M 1.00
Braemar Hotels And Resorts (BHR) 0.6 $6.2M 2.3M 2.73
Kosmos Energy Note 3.125% 3/1 (Principal) 0.6 $6.2M 9.6M 0.64
Pg&e Corp Note 4.250%12/0 (Principal) 0.6 $6.1M 6.0M 1.01
World Kinect Corporation Note 3.250% 7/0 (Principal) 0.5 $5.6M 5.1M 1.11
Equinox Gold Corp Note 4.750%10/1 (Principal) 0.5 $5.5M 2.9M 1.93
Alliant Energy Corp Note 3.875% 3/1 (Principal) 0.5 $5.4M 5.0M 1.08
Vanguard Bd Index Fds Vanguard Ultra (VUSB) 0.5 $5.0M 100k 49.99
Kayne Anderson MLP Investment (KYN) 0.4 $4.8M 388k 12.37
Lyft Note 0.625% 3/0 (Principal) 0.4 $4.5M 3.5M 1.30
Freshpet Note 3.000% 4/0 (Principal) 0.4 $4.2M 3.8M 1.12
Rivian Automotive Note 4.625% 3/1 (Principal) 0.4 $4.2M 4.0M 1.04
Liberty Media Corp Del Note 2.250% 8/1 (Principal) 0.4 $3.9M 2.9M 1.33
Mgp Ingredients Note 1.875%11/1 (Principal) 0.3 $3.8M 4.0M 0.96
On Semiconductor Corp Note 0.500% 3/0 (Principal) 0.3 $3.7M 4.0M 0.93
Urban One Cl D Non Vtg (UONEK) 0.3 $3.6M 5.0M 0.72
Cvr Partners (UAN) 0.3 $3.5M 39k 90.12
Transmedics Group Note 1.500% 6/0 (Principal) 0.3 $3.5M 2.5M 1.41
Liberty Media Corp Del Note 3.750% 3/1 (Principal) 0.3 $3.5M 3.3M 1.05
Ford Mtr Note 3/1 (Principal) 0.3 $3.0M 3.0M 1.01
Westrock Coffee (WEST) 0.3 $3.0M 624k 4.86
Jd.com Note 0.250% 6/0 (Principal) 0.2 $2.7M 2.5M 1.08
Lantheus Hldgs Note 2.625%12/1 (Principal) 0.2 $2.6M 2.5M 1.05
Groupon Note 6.250% 3/1 (Principal) 0.2 $2.3M 2.0M 1.17
Cms Energy Corp Note 3.375% 5/0 (Principal) 0.2 $2.3M 2.1M 1.10
Post Hldgs Note 2.500% 8/1 (Principal) 0.2 $2.3M 2.0M 1.13
Rumble *w Exp 09/16/202 (RUMBW) 0.2 $2.2M 1.1M 2.01
Clear Channel Outdoor Holdings (CCO) 0.2 $1.9M 1.2M 1.58
Five9 Note 1.000% 3/1 (Principal) 0.2 $1.9M 2.1M 0.89
Usa Rare Earth *w Exp 03/13/203 (USARW) 0.1 $1.6M 223k 7.17
Ncl Corp Note 2.500% 2/1 (Principal) 0.1 $1.6M 1.5M 1.05
Nutanix Note 0.250%10/0 (Principal) 0.1 $1.6M 1.1M 1.39
Realreal (REAL) 0.1 $1.5M 140k 10.63
Purecycle Technologies *w Exp 03/17/202 (PCTTW) 0.1 $1.5M 437k 3.39
Luxexperience Bv Sponsored Ads (LUXE) 0.1 $1.4M 170k 8.50
Ascendis Pharma A/s Note 2.250% 4/0 (Principal) 0.1 $1.4M 1.1M 1.36
Sunopta (STKL) 0.1 $1.4M 240k 5.86
Itron Note 3/1 (Principal) 0.1 $1.4M 1.3M 1.06
Gold Royalty Corp Common Shares (GROY) 0.1 $1.3M 325k 3.86
Net Power *w Exp 06/08/202 (NPWR.WS) 0.1 $1.1M 1.5M 0.76
Equinox Gold Corp equities (EQX) 0.1 $1.1M 100k 11.22
GDL Com Sh Ben It (GDL) 0.1 $1.0M 121k 8.55
MNTN Cl A (MNTN) 0.1 $928k 50k 18.55
Expedia Group Note 2/1 (Principal) 0.1 $906k 897k 1.01
Webull Corp *w Exp 04/10/203 (BULLW) 0.1 $881k 146k 6.05
Joby Aviation *w Exp 08/10/202 (JOBY.WS) 0.1 $875k 145k 6.04
Brookdale Senior Living (BKD) 0.1 $847k 100k 8.47
National Cinemedia Com New (NCMI) 0.1 $813k 180k 4.51
Asa Gold And Precious Mtls L SHS (ASA) 0.1 $811k 18k 45.80
Alliancebernstein Hldg Call Call Option 0.1 $738k 184k 4.00
Osisko Development Corp Com New (ODV) 0.1 $678k 200k 3.39
Urban One Cl A (UONE) 0.1 $642k 462k 1.39
Sandstorm Gold Com New (SAND) 0.1 $626k 50k 12.52
Th International Shs New (THCH) 0.1 $616k 238k 2.59
Akamai Technologies Note 1.125% 2/1 (Principal) 0.1 $583k 620k 0.94
Pbf Energy Put Put Option 0.0 $510k 100k 5.10
Enovix Corp (ENVX) 0.0 $499k 50k 9.97
Capri Holdings SHS (CPRI) 0.0 $498k 25k 19.92
Hudson Technologies (HDSN) 0.0 $497k 50k 9.93
Lithium Argentina Note 1.750% 1/1 (Principal) 0.0 $451k 500k 0.90
Braemar Hotels & Resorts 5.5 Cum Cv Pfd B (BHR.PB) 0.0 $445k 28k 16.16
Array Technologies Note 1.000%12/0 (Principal) 0.0 $431k 495k 0.87
Snap Note 0.125% 3/0 (Principal) 0.0 $412k 460k 0.90
B2gold Corp Call Call Option 0.0 $404k 352k 1.15
Eventbrite Note 0.750% 9/1 (Principal) 0.0 $393k 410k 0.96
Nextnav *w Exp 99/99/999 (NNAVW) 0.0 $392k 71k 5.56
Enphase Energy Note 3/0 (Principal) 0.0 $391k 400k 0.98
Redfin Corp Note 0.500% 4/0 (Principal) 0.0 $390k 420k 0.93
Ziff Davis Debt 3.625% 3/0 (Principal) 0.0 $390k 404k 0.97
Jetblue Airways Corp Note 0.500% 4/0 (Principal) 0.0 $390k 400k 0.97
BRC Com Cl A (BRCC) 0.0 $387k 248k 1.56
Pennymac Corp Note 5.500% 3/1 (Principal) 0.0 $382k 382k 1.00
Blackstone Mortgage Trust In Note 5.500% 3/1 (Principal) 0.0 $381k 385k 0.99
Oil Sts Intl Note 4.750% 4/0 (Principal) 0.0 $375k 375k 1.00
Haemonetics Corp Mass Note 3/0 (Principal) 0.0 $374k 382k 0.98
Esperion Therapeutics Inc Ne Note 4.000%11/1 (Principal) 0.0 $373k 375k 0.99
Flutter Entmt Call Call Option 0.0 $361k 20k 18.05
Bruker Corp 6.375 Pref Ser A 0.0 $352k 1.3k 270.90
Cable One Note 3/1 (Principal) 0.0 $345k 353k 0.98
Oppfi *w Exp 07/20/202 (OPFI.WS) 0.0 $323k 141k 2.29
Opko Health (OPK) 0.0 $322k 208k 1.55
Spdr Series Trust S&p Retail Etf Put Option (XRT) 0.0 $286k 70k 4.08
The Realreal Note 1.000% 3/0 (Principal) 0.0 $279k 315k 0.89
Wells Fargo Perp Pfd Cnv A (WFC.PL) 0.0 $272k 220.00 1236.63
Cable One Note 1.125% 3/1 (Principal) 0.0 $268k 310k 0.86
Vail Resorts Note 1/0 (Principal) 0.0 $257k 260k 0.99
Marriott Vacations Worldwide Note 1/1 (Principal) 0.0 $256k 260k 0.99
Okta Note 0.375% 6/1 (Principal) 0.0 $235k 242k 0.97
Rlj Lodging Tr Cum Conv Pfd A (RLJ.PA) 0.0 $234k 9.3k 25.26
Archer Aviation *w Exp 09/16/202 (ACHR.WS) 0.0 $220k 100k 2.19
Cvr Energy Call Call Option 0.0 $219k 35k 6.20
Diageo Put Put Option 0.0 $200k 29k 6.95
Bloom Energy Corp Put Put Option 0.0 $200k 10k 19.95
Helix Energy Solutions (HLX) 0.0 $199k 30k 6.56
Global X Fds Global X Uranium Call Option (URA) 0.0 $192k 60k 3.20
Bruker Corp Call Call Option 0.0 $168k 51k 3.30
Silvercorp Metals Call Call Option 0.0 $168k 103k 1.62
Equinox Gold Corp Call Call Option 0.0 $158k 25k 6.30
Novocure Note 11/0 (Principal) 0.0 $157k 158k 0.99
Ringcentral Note 3/1 (Principal) 0.0 $131k 134k 0.98
Ishares Silver Tr Call Call Option 0.0 $130k 50k 2.60
Gct Semiconductor Hldg *w Exp 03/01/202 (GCTS.WS) 0.0 $130k 669k 0.19
Plug Power Put Put Option 0.0 $116k 300k 0.39
Block Note 5/0 (Principal) 0.0 $112k 115k 0.97
Delek Us Hldgs Call Call Option 0.0 $107k 30k 3.55
Genesis Energy Call Call Option 0.0 $106k 25k 4.25
Summit Hotel Pptys Note 1.500% 2/1 (Principal) 0.0 $99k 100k 0.99
Bandwidth Note 0.500% 4/0 (Principal) 0.0 $99k 115k 0.86
Psq Holdings *w Exp 07/19/202 (PSQH.WS) 0.0 $96k 492k 0.20
Epr Pptys Conv Pfd 9% Sr E (EPR.PE) 0.0 $95k 3.0k 31.98
Energy Transfer Com Ut Ltd Ptn (ET) 0.0 $86k 5.0k 17.16
Sea Note 0.250% 9/1 (Principal) 0.0 $81k 84k 0.96
Kohls Corp Put Put Option 0.0 $77k 60k 1.27
Medical Pptys Trust Put Put Option 0.0 $74k 150k 0.49
El Paso Energy Cap Tr I Pfd Cv Tr Sec 28 (EP.PC) 0.0 $66k 1.3k 49.70
Ishares Msci Germany Etf Put Option (EWG) 0.0 $65k 100k 0.65
Ul Solutions Call Call Option 0.0 $63k 10k 6.25
Spdr S&p 500 Etf Tr Put Put Option 0.0 $57k 39k 1.49
Ryder Sys Put Put Option 0.0 $49k 10k 4.85
10x Genomics Call Call Option 0.0 $41k 20k 2.02
Aurora Innovation *w Exp 11/03/202 (AUROW) 0.0 $39k 68k 0.57
Draftkings Call Call Option 0.0 $31k 50k 0.62
Eos Energy Enterprises *w Exp 11/17/202 (EOSEW) 0.0 $30k 17k 1.76
Lanvin Group Holdings Limite *w Exp 01/14/202 (LANV.WS) 0.0 $26k 1.3M 0.02
Mirion Technologies Com Cl A (MIR) 0.0 $23k 1.0k 23.26
Liberty Media Corp Del Deb 3.750% 2/1 (Principal) 0.0 $20k 220k 0.09
Petroleum & Res Corp Com cef (PEO) 0.0 $20k 930.00 21.52
Robo.ai *w Exp 11/11/202 (AIIOW) 0.0 $10k 65k 0.16
Roadzen *w Exp 11/30/202 (RDZNW) 0.0 $9.6k 151k 0.06
Airjoule Technologies Corp *w Exp 03/15/202 (AIRJW) 0.0 $7.7k 9.1k 0.85
Complete Solaria *w Exp 07/31/202 (SPWRW) 0.0 $7.1k 25k 0.28
Usa Rare Earth Put Put Option 0.0 $4.0k 10k 0.40
Algoma Stl Group *w Exp 10/19/202 (ASTLW) 0.0 $695.982000 4.5k 0.15
Cvr Partners Call Call Option 0.0 $228.000000 100.00 2.28