Linden Advisors Portfolio holdings

AUM $14.7B

AUM

$14.7B

AUM Growth

+$2.68B (+22%)

Cap. Flow

+$309M

Cap. Flow % of AUM

2.09%

Top 10 Holdings %Top 10 Hldgs %

23.24%

Holding

355

New

Increased

Reduced

Closed

Top Buys

1	Microchip Technology MCHP	$40M
2	HOND HCM II Acquisition Corp. Class A Ordinary Shares HOND	$21.2M
3	KFII K&F Growth Acquisition Corp. II Class A Ordinary shares KFII	$12.5M
4	HVII Hennessy Capital Investment Corp. VII Ordinary Shares HVII	$12M
5	CCIR Cohen Circle Acquisition Corp. I Class A Ordinary Shares CCIR	$11.2M

Top Sells

1	CLBR Colombier Acquisition Corp II CLBR	$639K
2	AISPW Airship AI Holdings Warrants AISPW	$634K
3	CLBR.WS Colombier Acquisition Corp. II Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share CLBR.WS	$15.4K
4	Alvotech Warrant ALVOW	$13.3K

Sector Composition

1	Financials	2.4%
2	Technology	0.27%
3	Consumer Discretionary	0.01%
4	Materials	0.01%
5	Energy	0%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
51	USARW 51 USA Rare Earth, Inc. Warrant USARW $240M	$1.69M	0.01%	2,472,590 +1,222,590	+98%	+$837K
52	52 MINISO MNSO $5.67B	$1.57M	0.01%	84,691	New	+$1.57M
53	KKR.PRD 53 KKR & Co. Inc. 6.25% Series D Mandatory Convertible Preferred Stock KKR.PRD $2.91B	$1.36M	0.01%	27,850	New	+$1.36M
54	54 Nabors Energy Transition Corp. II Warrant NETDW	$855K	0.01%	2,250,000 +1,750,000	+350%	+$665K
55	CCIRW 55 Cohen Circle Acquisition Corp. I Warrant CCIRW $15.8M	$835K	0.01%	482,666 +332,666	+222%	+$576K
56	56 Critical Metals Corp CRML $317M	$799K	0.01%	625,000	New	+$799K
57	CNCK 57 Coincheck Group N.V. Ordinary Shares CNCK $738M	$798K	0.01%	157,170	–	–
58	58 Sibanye-Stillwater SBSW $5.61B	$763K	0.01%	166,609	New	+$763K
59	FLDDW 59 Fold Holdings, Inc. Warrant FLDDW $9.14M	$725K	0%	1,000,000	New	+$725K
60	BACQR 60 Bleichroeder Acquisition Corp. I Right BACQR	$478K	0%	2,275,000	New	+$478K
61	EQV.WS 61 EQV Ventures Acquisition Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share EQV.WS	$406K	0%	1,055,000	–	–
62	62 Alvotech Warrant ALVOW $498M	$391K	0%	252,884 -8,606	-3%	-$13.3K
63	AIFER 63 Aifeex Nexus Acquisition Corporation Right AIFER	$353K	0%	1,500,000	New	+$353K
64	64 Ares Acquisition Corp II Redeemable Warrants AACT.WS	$346K	0%	1,172,199 +172,199	+17%	+$50.8K
65	HONDW 65 HCM II Acquisition Corp. Warrant HONDW $25.3M	$343K	0%	500,000	New	+$343K
66	JACS.RT 66 Jackson Acquisition Company II Rights, each right to acquire one-tenth (1/10) of one Class A ordinary share JACS.RT	$325K	0%	1,300,000	New	+$325K
67	CNCKW 67 Coincheck Group N.V. Warrant expiring 12/10/2029 CNCKW $6.08M	$296K	0%	456,286 +11,551	+3%	+$7.49K
68	KFIIR 68 K&F Growth Acquisition Corp. II Rights KFIIR	$250K	0%	1,850,000	New	+$250K
69	SBXD.WS 69 SilverBox Corp IV Redeemable warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 SBXD.WS	$239K	0%	666,667	–	–
70	HVIIR 70 Hennessy Capital Investment Corp. VII Rights HVIIR	$237K	0%	1,213,732	New	+$237K
71	RANGR 71 Range Capital Acquisition Corp. Rights RANGR	$231K	0%	1,037,022	New	+$231K
72	GSRTR 72 GSR III Acquisition Corp. Right GSRTR	$211K	0%	142,571	New	+$211K
73	BEAGR 73 Bold Eagle Acquisition Corp. Right BEAGR	$202K	0%	800,000	New	+$202K
74	GRAF.WS 74 Graf Global Corp. Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share GRAF.WS $6.56M	$200K	0%	750,000	–	–
75	MRNOW 75 Murano Global Investments PLC Warrants MRNOW $3.96M	$198K	0%	749,999	–	–