Zazove Associates

Zazove Associates as of Dec. 31, 2025

Portfolio Holdings for Zazove Associates

Zazove Associates holds 160 positions in its portfolio as reported in the December 2025 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Duke Energy Corp Note 4.125% 4/1 (Principal) 5.4 $63M 61M 1.03
Tetra Tech DBCV 2.250% 8/1 (Principal) 5.3 $62M 57M 1.09
Tyler Tex Indpt Sch Dist Note 0.250% 3/1 (Principal) 5.3 $62M 61M 1.01
Parsons Corp Del Note 2.625% 3/0 (Principal) 5.3 $61M 59M 1.03
Ventas Rlty Ltd Partnership Note 3.750% 6/0 (Principal) 5.2 $60M 42M 1.42
Spotify Usa Note 3/1 (Principal) 4.8 $56M 49M 1.14
MKS Note 1.250% 6/0 (Principal) 4.5 $53M 41M 1.28
Fluor Corp Note 1.125% 8/1 (Principal) 3.9 $46M 40M 1.14
Nutanix Note 0.250%10/0 (Principal) 3.0 $35M 31M 1.13
Itron Note 1.375% 7/1 (Principal) 3.0 $34M 34M 1.01
Jazz Investments I Note 3.125% 9/1 (Principal) 2.7 $31M 23M 1.34
Ppl Cap Fdg Note 2.875% 3/1 (Principal) 2.6 $31M 28M 1.10
Southern Note 4.500% 6/1 (Principal) 2.6 $31M 29M 1.07
Repligen Corp Note 1.000%12/1 (Principal) 2.5 $29M 26M 1.10
Ssr Mining In Note 2.500% 4/0 (Principal) 2.5 $29M 22M 1.31
Guidewire Software Note 1.250%11/0 (Principal) 2.4 $28M 25M 1.10
Varonis Sys Note 1.000% 9/1 (Principal) 1.9 $22M 24M 0.93
Haemonetics Corp Mass Note 2.500% 6/0 (Principal) 1.9 $22M 21M 1.04
Aerovironment Note 7/1 (Principal) 1.9 $22M 20M 1.09
Evergy Note 4.500%12/1 (Principal) 1.8 $21M 17M 1.22
Bofa Fin MTNF 0.600% 5/2 (Principal) 1.8 $21M 19M 1.09
Brookdale Sr Living Note 2.000%10/1 (Principal) 1.7 $20M 14M 1.37
Integer Hldgs Corp Note 2.125% 2/1 (Principal) 1.5 $18M 15M 1.13
Braemar Hotels & Resorts Note 4.500% 6/0 (Principal) 1.5 $17M 18M 0.99
Global Pmts Note 1.500% 3/0 (Principal) 1.3 $15M 17M 0.90
Granite Constr Note 3.250% 6/1 (Principal) 1.1 $13M 8.2M 1.60
Northern Oil & Gas Note 3.625% 4/1 (Principal) 1.1 $13M 13M 0.97
Live Nation Entertainment In Note 2.875% 1/1 (Principal) 1.0 $12M 11M 1.06
Ford Mtr Note 3/1 (Principal) 1.0 $11M 11M 1.04
Peabody Engr Corp Note 3.250% 3/0 (Principal) 0.9 $10M 6.0M 1.68
Bank America Corp 7.25%CNV PFD L (BAC.PL) 0.8 $9.8M 7.8k 1248.45
Expedia Group Note 2/1 (Principal) 0.8 $9.3M 8.3M 1.12
Enovis Corporation Note 3.875%10/1 (Principal) 0.8 $8.9M 9.1M 0.98
American Wtr Cap Corp Note 3.625% 6/1 (Principal) 0.7 $8.5M 8.6M 1.00
Opko Health Note 3.750% 1/1 (Principal) 0.7 $7.9M 5.9M 1.34
Vertex Note 0.750% 5/0 (Principal) 0.7 $7.7M 8.1M 0.95
Braemar Hotels And Resorts (BHR) 0.6 $7.0M 2.4M 2.87
Freshpet Note 3.000% 4/0 (Principal) 0.6 $6.8M 5.8M 1.17
Pg&e Corp Note 4.250%12/0 (Principal) 0.5 $6.2M 6.0M 1.03
World Kinect Corporation Note 3.250% 7/0 (Principal) 0.5 $5.4M 5.1M 1.06
Alliant Energy Corp Note 3.875% 3/1 (Principal) 0.4 $5.2M 5.0M 1.04
Kayne Anderson MLP Investment (KYN) 0.4 $5.1M 415k 12.38
Rivian Automotive Note 4.625% 3/1 (Principal) 0.4 $5.0M 4.0M 1.26
Affirm Hldgs Note 0.750%12/1 (Principal) 0.4 $5.0M 4.5M 1.11
Vanguard Bd Index Fds Vanguard Ultra (VUSB) 0.4 $5.0M 100k 49.84
Snowflake Note 10/0 (Principal) 0.4 $4.6M 3.0M 1.55
Urban One Cl D Non Vtg 0.4 $4.3M 5.1M 0.84
Lyft Note 0.625% 3/0 (Principal) 0.4 $4.2M 3.5M 1.20
Meritage Homes Corp Note 1.750% 5/1 (Principal) 0.4 $4.1M 4.2M 0.99
Cvr Partners (UAN) 0.3 $4.0M 39k 102.50
On Semiconductor Corp Note 0.500% 3/0 (Principal) 0.3 $3.8M 4.0M 0.95
Transmedics Group Note 1.500% 6/0 (Principal) 0.3 $3.7M 2.5M 1.50
Liberty Media Corp Del Note 2.250% 8/1 (Principal) 0.3 $3.7M 2.9M 1.27
Liberty Media Corp Del Note 3.750% 3/1 (Principal) 0.3 $3.3M 3.3M 1.01
Granite Ridge Resources (GRNT) 0.3 $3.2M 683k 4.70
First Majestic Silver Corp Note 0.375% 1/1 (Principal) 0.3 $3.2M 2.6M 1.23
Clear Channel Outdoor Holdings (CCO) 0.3 $3.0M 1.4M 2.21
Lantheus Hldgs Note 2.625%12/1 (Principal) 0.2 $2.9M 2.5M 1.15
Kosmos Energy Note 3.125% 3/1 (Principal) 0.2 $2.8M 6.5M 0.43
Datadog Note 12/0 (Principal) 0.2 $2.8M 2.8M 1.00
Fluence Energy Note 2.250% 6/1 (Principal) 0.2 $2.4M 2.0M 1.21
Westrock Coffee (WEST) 0.2 $2.4M 594k 4.07
Cms Energy Corp Note 3.375% 5/0 (Principal) 0.2 $2.3M 2.1M 1.07
Upstart Hldgs Note 1.000%11/1 (Principal) 0.2 $2.2M 2.5M 0.88
Rumble *w Exp 09/16/202 (RUMBW) 0.2 $2.2M 1.1M 1.94
Braemar Hotels & Resorts 5.5 Cum Cv Pfd B (BHR.PB) 0.2 $2.1M 144k 14.90
Jd.com Note 0.250% 6/0 (Principal) 0.2 $2.1M 2.1M 1.00
Groupon Note 6.250% 3/1 (Principal) 0.2 $2.1M 2.0M 1.05
Asa Gold And Precious Mtls L SHS (ASA) 0.2 $1.9M 32k 59.67
Luxexperience Bv Sponsored Ads (LUXE) 0.1 $1.7M 200k 8.35
Ncl Corp Note 2.500% 2/1 (Principal) 0.1 $1.5M 1.5M 1.01
MNTN Cl A (MNTN) 0.1 $1.5M 127k 11.94
Realreal (REAL) 0.1 $1.5M 95k 15.78
Ascendis Pharma A/s Note 2.250% 4/0 (Principal) 0.1 $1.5M 1.1M 1.42
B2gold Corp Call 0.1 $1.4M 934k 1.51
Brookdale Senior Living (BKD) 0.1 $1.4M 130k 10.79
Oppfi *w Exp 07/20/202 (OPFI.WS) 0.1 $1.4M 910k 1.50
Gold Royalty Corp Common Shares (GROY) 0.1 $1.4M 335k 4.04
Nextnav *w Exp 99/99/999 (NNAVW) 0.1 $1.2M 171k 7.16
Archer Aviation *w Exp 09/16/202 (ACHR.WS) 0.1 $1.1M 997k 1.15
Ncl Corp Note 1.125% 2/1 (Principal) 0.1 $1.1M 1.1M 1.00
Sunopta (STKL) 0.1 $1.0M 275k 3.80
GDL Com Sh Ben It (GDL) 0.1 $1.0M 121k 8.47
National Cinemedia Com New (NCMI) 0.1 $1.0M 257k 3.89
Osisko Development Corp Com New (ODV) 0.1 $907k 260k 3.49
Planet Labs Pbc *w Exp 12/06/202 (PL.WS) 0.1 $815k 95k 8.58
Net Power *w Exp 06/08/202 (NPWR.WS) 0.1 $808k 1.5M 0.53
Delek Us Hldgs Call 0.1 $656k 115k 5.70
BRC Com Cl A (BRCC) 0.1 $599k 540k 1.11
Shift4 Pmts Note 0.500% 8/0 (Principal) 0.0 $579k 600k 0.97
Th International Shs New (THCH) 0.0 $569k 228k 2.49
Bandwidth Note 0.500% 4/0 (Principal) 0.0 $554k 630k 0.88
Purecycle Technologies *w Exp 03/17/202 (PCTTW) 0.0 $552k 576k 0.96
Ironwood Pharmaceuticals Note 1.500% 6/1 (Principal) 0.0 $522k 550k 0.95
Americas Gold And Silver Cor Com New (USAS) 0.0 $511k 100k 5.11
Ryder Sys Put 0.0 $477k 26k 18.65
Lithium Argentina Note 1.750% 1/1 (Principal) 0.0 $454k 500k 0.91
Urban One Cl A 0.0 $449k 432k 1.04
Array Technologies Note 1.000%12/0 (Principal) 0.0 $449k 495k 0.91
Genesis Energy Call 0.0 $442k 134k 3.30
Snap Note 0.125% 3/0 (Principal) 0.0 $420k 460k 0.91
Redfin Corp Note 0.500% 4/0 (Principal) 0.0 $398k 420k 0.95
Ziff Davis Debt 3.625% 3/0 (Principal) 0.0 $396k 404k 0.98
Enphase Energy Note 3/0 (Principal) 0.0 $396k 400k 0.99
Jetblue Airways Corp Note 0.500% 4/0 (Principal) 0.0 $394k 400k 0.98
Cracker Barrel Old Ctry Stor Note 0.625% 6/1 (Principal) 0.0 $390k 400k 0.97
Blackstone Mortgage Trust In Note 5.500% 3/1 (Principal) 0.0 $382k 385k 0.99
Pennymac Corp Note 5.500% 3/1 (Principal) 0.0 $382k 382k 1.00
Haemonetics Corp Mass Note 3/0 (Principal) 0.0 $378k 382k 0.99
Oil Sts Intl Note 4.750% 4/0 (Principal) 0.0 $377k 375k 1.00
Cable One Note 3/1 (Principal) 0.0 $348k 353k 0.99
Hudson Technologies (HDSN) 0.0 $343k 50k 6.85
Pbf Energy Put 0.0 $325k 100k 3.25
Ge Vernova Call 0.0 $298k 5.0k 59.60
Symbotic Class A Com (SYM) 0.0 $298k 5.0k 59.50
Silvercorp Metals (SVM) 0.0 $288k 35k 8.34
Wells Fargo Perp Pfd Cnv A (WFC.PL) 0.0 $267k 220.00 1215.00
Enphase Energy Note 3/0 (Principal) 0.0 $263k 300k 0.88
Vail Resorts Note 1/0 (Principal) 0.0 $260k 260k 1.00
Marriott Vacations Worldwide Note 1/1 (Principal) 0.0 $260k 260k 1.00
Cable One Note 1.125% 3/1 (Principal) 0.0 $256k 310k 0.82
Advanced Energy Inds Note 2.500% 9/1 (Principal) 0.0 $246k 150k 1.64
Bkv Corp Call 0.0 $240k 50k 4.80
Alliancebernstein Hldg Call 0.0 $237k 63k 3.75
Okta Note 0.375% 6/1 (Principal) 0.0 $237k 242k 0.98
Rlj Lodging Tr Cum Conv Pfd A (RLJ.PA) 0.0 $231k 9.3k 24.98
Purecycle Technologies (PCT) 0.0 $222k 26k 8.59
Ishares Put 0.0 $218k 300k 0.72
Coinbase Global Note 0.500% 6/0 (Principal) 0.0 $200k 200k 1.00
Ul Solutions Call 0.0 $197k 20k 9.85
Opko Health (OPK) 0.0 $189k 150k 1.26
Symbotic Call 0.0 $168k 17k 9.90
Amprius Technologies *w Exp 09/14/202 (AMPX.WS) 0.0 $160k 62k 2.59
Nutanix Note 0.500%12/1 (Principal) 0.0 $145k 150k 0.97
10x Genomics Call 0.0 $140k 60k 2.33
Ringcentral Note 3/1 (Principal) 0.0 $133k 134k 0.99
Block Note 5/0 (Principal) 0.0 $113k 115k 0.98
Summit Hotel Pptys Note 1.500% 2/1 (Principal) 0.0 $100k 100k 1.00
Equinox Gold Corp Call 0.0 $98k 25k 3.90
Epr Pptys Conv Pfd 9% Sr E (EPR.PE) 0.0 $90k 3.0k 30.17
Parsons Corp Del Call 0.0 $85k 25k 3.40
Energy Transfer Com Ut Ltd Ptn (ET) 0.0 $83k 5.0k 16.49
Sea Note 0.250% 9/1 (Principal) 0.0 $81k 84k 0.97
Spdr S&p 500 Etf Tr Put 0.0 $78k 60k 1.31
Silvercorp Metals Call 0.0 $77k 69k 1.12
Hilton Worldwide Hldgs Put 0.0 $77k 13k 6.15
Brookdale Sr Living Note 3.500%10/1 (Principal) 0.0 $70k 50k 1.40
El Paso Energy Cap Tr I Pfd Cv Tr Sec 28 (EP.PC) 0.0 $55k 1.1k 49.25
Gct Semiconductor Hldg *w Exp 03/01/202 (GCTS.WS) 0.0 $51k 612k 0.08
Psq Holdings *w Exp 07/19/202 (PSQH.WS) 0.0 $47k 492k 0.09
General Mls Put 0.0 $44k 25k 1.75
Roadzen *w Exp 11/30/202 (RDZNW) 0.0 $41k 151k 0.28
Lanvin Group Holdings Limite *w Exp 01/14/202 (LANV.WS) 0.0 $21k 1.3M 0.02
Petroleum & Res Corp Com cef (PEO) 0.0 $21k 950.00 21.74
Aurora Innovation *w Exp 11/03/202 (AUROW) 0.0 $16k 68k 0.23
Airjoule Technologies Corp *w Exp 03/15/202 (AIRJW) 0.0 $14k 16k 0.90
Liberty Media Corp Del Deb 3.750% 2/1 (Principal) 0.0 $14k 220k 0.06
Carvana Put 0.0 $11k 3.0k 3.73
Sunpower *w Exp 07/31/202 (SPWRW) 0.0 $6.6k 25k 0.26
Robo.ai *w Exp 11/11/202 (AIIOW) 0.0 $3.0k 65k 0.05