Opti Capital Management, LP Q4 2025 Filing
Filed February 17, 2026
Portfolio Value
$1.4T
Holdings
43
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (43 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | XYZ 0.25 11/01/27BLOCK INC | 137,500,000 | $127.3B | 9.28% | |
| 2 | FSLY 7.75 06/01/28FASTLY INC | 89,646,000 | $100.2B | 7.30% | |
| 3 | LYV 3.125 01/15/29LIVE NATION ENTERTAINMENT IN | 59,377,000 | $86.4B | 6.30% | |
| 4 | TDOC 1.25 06/01/27TELADOC HEALTH INC | 70,000,000 | $66.7B | 4.86% | |
| 5 | SNAP 0.125 03/01/28SNAP INC | 69,454,000 | $63.4B | 4.62% | |
| 6 | BSY 0.375 07/01/27BENTLEY SYS INC | 64,000,000 | $60.3B | 4.40% | |
| 7 | ENPH 0 03/01/26ENPHASE ENERGY INC | 55,000,000 | $54.5B | 3.97% | |
| 8 | DXCM 0.375 05/15/28DEXCOM INC | 58,000,000 | $53.6B | 3.90% | |
| 9 | TMDX 1.5 06/01/28TRANSMEDICS GROUP INC | 35,000,000 | $52.5B | 3.83% | |
| 10 | RPD 0.25 03/15/27RAPID7 INC | 48,250,000 | $45.9B | 3.35% | |
| 11 | MARA 0 06/01/31MARA HOLDINGS INC | 51,088,000 | $43.1B | 3.14% | |
| 12 | BL 1 06/01/29BLACKLINE INC | 34,940,000 | $37.0B | 2.70% | |
| 13 | WK 1.25 08/15/28WORKIVA INC | 34,000,000 | $33.8B | 2.46% | |
| 14 | DKNG 0 03/15/28DRAFTKINGS INC NEW | 34,750,000 | $31.9B | 2.32% | |
| 15 | BABA 0.5 06/01/31ALIBABA GROUP HLDG LTD | 20,000,000 | $31.1B | 2.27% | |
| 16 | BMRN 1.25 05/15/27BIOMARIN PHARMACEUTICAL INC | 32,058,000 | $30.9B | 2.25% | |
| 17 | TRIP 0.25 04/01/26TRIPADVISOR INC | 30,000,000 | $29.6B | 2.16% | |
| 18 | CFLT 0 01/15/27CONFLUENT INC | 30,000,000 | $29.3B | 2.13% | |
| 19 | ETSY 0.125 09/01/27ETSY INC | 30,000,000 | $27.8B | 2.03% | |
| 20 | BILL 0 04/01/30BILL HOLDINGS INC | 30,000,000 | $27.7B | 2.02% | |
| 21 | FIVN 1 03/15/29FIVE9 INC | 30,000,000 | $27.1B | 1.97% | |
| 22 | VRNS 1 09/15/29VARONIS SYS INC | 28,668,000 | $26.7B | 1.95% | |
| 23 | PAR 1.5 10/15/27PAR TECHNOLOGY CORP | 24,500,000 | $24.0B | 1.75% | |
| 24 | MCHP 0.75 06/01/30MICROCHIP TECHNOLOGY INC. | 24,168,000 | $23.7B | 1.73% | |
| 25 | AEIS 2.5 09/15/28ADVANCED ENERGY INDS | 14,338,000 | $23.6B | 1.72% | |
| 26 | BAND 0.5 04/01/28BANDWIDTH INC | 24,500,000 | $21.5B | 1.57% | |
| 27 | DAY 0.25 03/15/26DAYFORCE INC | 21,500,000 | $21.3B | 1.56% | |
| 28 | MTN 0 01/01/26VAIL RESORTS INC | 20,445,000 | $20.4B | 1.49% | |
| 29 | NVST 1.75 08/15/28ENVISTA HOLDINGS CORPORATION | 21,000,000 | $20.2B | 1.48% | |
| 30 | CNMD 2.25 06/15/27CONMED CORP | 20,000,000 | $19.2B | 1.40% | |
| 31 | WKC 3.25 07/01/28WORLD KINECT CORPORATION | 16,750,000 | $17.7B | 1.29% | |
| 32 | PRGSPROGRESS SOFTWARE CORP | 17,327,000 | $17.3B | 1.26% | |
| 33 | ALRM 0 01/15/26ALARM COM HLDGS INC | 17,000,000 | $17.0B | 1.24% | |
| 34 | BOX 1.5 09/15/29BOX INC | 12,500,000 | $12.2B | 0.89% | |
| 35 | LCII 1.125 05/15/26LCI INDS | 9,152,000 | $9.1B | 0.66% | |
| 36 | FSLY 0 03/15/26FASTLY INC | 7,432,000 | $7.4B | 0.54% | |
| 37 | SHAK 0 03/01/28SHAKE SHACK INC | 7,000,000 | $6.6B | 0.48% | |
| 38 | SNAP 0 05/01/27SNAP INC | 5,500,000 | $5.2B | 0.38% | |
| 39 | NTNX 0.5 12/15/29NUTANIX INC | 5,000,000 | $4.8B | 0.35% | |
| 40 | ENOV 3.875 10/15/28ENOVIS CORPORATION | 4,500,000 | $4.4B | 0.32% | |
| 41 | ETSY 0.25 06/15/28ETSY INC | 4,809,000 | $4.3B | 0.31% | |
| 42 | SEALTD 0.25 09/15/26SEA LTD | 2,500,000 | $2.4B | 0.18% | |
| 43 | RGEN 1 12/15/28REPLIGEN CORP | 2,181,000 | $2.4B | 0.17% |