ZAZOVE ASSOCIATES LLC Q1 2021 Filing

Filed April 27, 2021

Portfolio Value

$847.5M

Holdings

116

Report Date

Q1 2021

Filing Type

13F-HR

All Holdings (116 positions)

#	Stock	Shares	Value	% Portfolio
1	—KAMAN CORPORATION	65,894,000	$71.5M	8.44%
2	—BOOKING HOLDINGS	56,613,000	$66.8M	7.88%
3	AKAM 0.375 09/01/27AKAMAI TECH	58,690,000	$63.9M	7.54%
4	LMCA 1.375 10/15/23LIBERTY MEDIA	47,533,000	$60.8M	7.18%
5	PENG 2.25 02/15/26SMART GLOBAL HOLDINGS	27,630,000	$36.5M	4.30%
6	—INTERDIGITAL, INC	31,876,000	$34.1M	4.02%
7	PEB 1.75 12/15/26PEBBLEBROOK HOTEL TRUST	25,730,000	$30.3M	3.57%
8	LITE 0.5 12/15/26LUMENTUM HOLDINGS	22,607,000	$26.4M	3.11%
9	ATSG 1.125 10/15/24AIR TRANSPORT SERVICES GROUP	22,891,000	$25.8M	3.04%
10	PDD 0 12/01/25PINDUODUO	17,385,000	$18.4M	2.17%
11	RVNC 1.75 02/15/27REVANCE THERAPEUTICS	15,650,000	$17.6M	2.07%
12	—FLEXION THERAPEUTICS	17,938,000	$16.3M	1.92%
13	ILMN 0 08/15/23ILLUMINA INC	13,290,000	$15.8M	1.87%
14	PANW 0.75 07/01/23PALO ALTO NETWORKS	11,785,000	$15.6M	1.84%
15	VATE 7.5 08/01/26 *HC2 HOLDINGS	12,363,000	$14.4M	1.70%
16	—HELIX ENERGY SOLUTIONS GROUP	11,729,000	$13.7M	1.61%
17	AAWW 1.875 06/01/24ATLAS AIR WORLDWIDE HOLDINGS, INC	11,282,000	$13.6M	1.61%
18	NRG 2.75 06/01/48NRG ENERGY, INC	10,875,000	$12.6M	1.49%
19	AYX 1 08/01/26ALTERYX	13,625,000	$12.4M	1.47%
20	KBR 2.5 11/01/23KBR	7,277,000	$11.5M	1.36%
21	SHOPCN 0.125 11/01/25SHOPIFY	9,030,000	$10.3M	1.22%
22	AKAM 0.125 05/01/25AKAMAI TECH	8,310,000	$10.1M	1.19%
23	MLAB 1.375 08/15/25MESA LABORATORIES	9,115,000	$10.0M	1.18%
24	CMLSCUMULUS MEDIA INC	1,049,304	$9.6M	1.13%
25	CYBR 0 11/15/24CYBERARK SOFTWARE	8,585,000	$9.3M	1.10%
26	—HOPE BANCORP	9,231,000	$9.1M	1.08%
27	—SIXTH STREET SPECIALTY LENDING	7,895,000	$8.9M	1.05%
28	BHRBRAEMAR HOTELS & RESORTS	1,394,804	$8.5M	1.00%
29	—BLUEKNIGHT ENERGY PARTNERS	2,516,798	$8.2M	0.96%
30	—CONMED CORP	4,519,000	$7.1M	0.83%
31	—CSG SYSTEMS INTERNATIONAL, INC	6,297,000	$6.6M	0.78%
32	LUV 1.25 05/01/25SOUTHWEST AIRLINES	3,724,000	$6.4M	0.76%
33	PSEC 6.375 03/01/25PROSPECT CAPITAL CORPORATION	5,890,000	$6.4M	0.75%
34	JAZZ 1.5 08/15/24JAZZ INVESTMENTS I	5,835,000	$6.4M	0.75%
35	NEO 0.25 01/15/28NEOGENOMICS	6,125,000	$6.2M	0.73%
36	—ATLANTICUS HOLDINGS	4,693,000	$6.2M	0.73%
37	OXY/WSOCCIDENTAL PETROLEUM	500,000	$5.9M	0.70%
38	TK 5 01/15/23TEEKAY	5,446,000	$5.2M	0.62%
39	INN 1.5 02/15/26SUMMIT HOTEL PROPERTIES	4,040,000	$4.5M	0.53%
40	—GREENBRIER COMPANIES	3,950,000	$4.3M	0.51%
41	UONEURBAN ONE	2,470,859	$4.3M	0.51%
42	CCOCLEAR CHANNEL HOLDINGS, INC	2,386,572	$4.3M	0.51%
43	—LENDINGTREE	3,500,000	$4.2M	0.50%
44	EEFT 0.75 03/15/49EURONET WORLDWIDE INC	3,630,000	$4.2M	0.49%
45	EOSEWEOS ENERGY ENTERPRISES	427,080	$3.8M	0.45%
46	—ISTAR INC	2,800,000	$3.7M	0.44%
47	—BAOZUN	3,300,000	$3.4M	0.40%
48	—FORTIVE	3,345,000	$3.4M	0.40%
49	—THERAVANCE BIOPHARMA	3,182,000	$3.2M	0.38%
50	RNG 0 03/01/25RINGCENTRAL	2,927,000	$3.2M	0.38%
51	KYNKAYNE ANDERSON MLP INVESTMENT COMPANY	433,088	$3.1M	0.37%
52	LSEALANDSEA HOMES	318,796	$3.0M	0.36%
53	SPLK 0.5 09/15/23SPLUNK	2,550,000	$2.9M	0.34%
54	—HOSTESS BRANDS	1,817,823	$2.8M	0.33%
55	XEVVXEATON VANCE LIMITED DURATION INCOME FUND	217,221	$2.7M	0.32%
56	NSIT 0.75 02/15/25INSIGHT ENTERPRISES	1,780,000	$2.6M	0.31%
57	—COWEN INC	1,250,000	$2.6M	0.30%
58	USACUSA COMPRESSION PARTNERS	151,715	$2.3M	0.27%
59	NVRO 2.75 04/01/25NEVRO CORP	1,500,000	$2.3M	0.27%
60	—US ECOLOGY	242,372	$2.2M	0.26%
61	AMANTERO MIDSTREAM	225,000	$2.0M	0.24%
62	KYNKAYNE ANDERSON MIDSTREAM/ENERGY FUND	295,073	$2.0M	0.23%
63	XJQCXNUVEEN CREDIT STRATEGIES INCOME FUND	291,105	$1.9M	0.22%
64	—COLONY CAPITAL	1,853,000	$1.9M	0.22%
65	GDLGDL FUND	203,318	$1.8M	0.21%
66	GMED 0.375 03/15/25NUVASIVE, INC	1,710,000	$1.7M	0.21%
67	—MERITOR	1,500,000	$1.7M	0.20%
68	—MARRIOTT VACATIONS WORLDWIDE CORP	1,319,000	$1.7M	0.20%
69	—HARMONIC INC	1,500,000	$1.7M	0.20%
70	FLG 6 11/01/51NEW YORK COMMUNITY BANCORP TRUST	34,230	$1.7M	0.20%
71	LYV 2 02/15/25LIVE NATION ENTERTAINMENT	1,500,000	$1.7M	0.20%
72	PSTG 0.125 04/15/23PURE STORAGE INC	1,500,000	$1.7M	0.20%
73	—JOYY INC	1,360,000	$1.6M	0.19%
74	—PROOFPOINT	1,500,000	$1.6M	0.19%
75	AESCAES	15,000	$1.5M	0.18%
76	—STAR PEAK ENERGY TRANSITION	105,262	$1.5M	0.18%
77	SPLK 1.125 09/15/25SPLUNK	1,270,000	$1.5M	0.18%
78	RVNCEURREVANCE THERAPEUTICS	52,235	$1.5M	0.17%
79	—CORENERGY INFRASTRUCTURE TRUST	1,575,000	$1.4M	0.17%
80	OIS 1.5 02/15/23OIL STATES INTERNATIONAL INC.	1,350,000	$1.3M	0.15%
81	OMER 5.25 02/15/26OMEROS	1,000,000	$1.2M	0.15%
82	PSFEPAYSAFE	287,177	$1.2M	0.15%
83	CUROEURCURO GROUP	84,537	$1.2M	0.15%
84	—SHIP FINANCE INTERNATIONAL	1,225,000	$1.2M	0.14%
85	—TWITTER	1,000,000	$1.0M	0.12%
86	—TEAM	1,017,000	$1.0M	0.12%
87	—CLOVER HEALTH INVESTMENTS	633,805	$995K	0.12%
88	LINTA 3.75 02/15/30LIBERTY INTERACTIVE LLC	1,266,000	$978K	0.12%
89	DISH 2.375 03/15/24DISH NETWORK	1,000,000	$959K	0.11%
90	—NABORS INDUSTRIES INC	1,250,000	$936K	0.11%
91	—CHURCHILL CAPITAL CORP IV	77,500	$874K	0.10%
92	—INTERCEPT PHARMACEUTICALS	1,000,000	$826K	0.10%
93	—SALIENT MIDSTREAM & MLP FUND	156,650	$799K	0.09%
94	LILAK 2 07/15/24LIBERTY LATIN AMERICA	800,000	$789K	0.09%
95	—PDC ENERGY INC	777,000	$773K	0.09%
96	—LANDSEA HOMES	2,935,718	$752K	0.09%
97	—HELIX ENERGY SOLUTIONS GROUP	750,000	$747K	0.09%
98	—MFA FINANCIAL	518,000	$519K	0.06%
99	XFRAXBLACKROCK FLOATING RATE INCOME STRATEGIES FUND	38,276	$498K	0.06%
100	—INVITATION HOMES	350,000	$496K	0.06%

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