ZA

Zazove Associates Portfolio holdings

AUM $1.23B
This Quarter Return
+0.33%
1 Year Return
+3.71%
3 Year Return
+11.52%
5 Year Return
–
10 Year Return
–
AUM
$1.14B
AUM Growth
+$1.14B
Cap. Flow
-$7.33M
Cap. Flow %
-0.64%
Top 10 Hldgs %
40.51%
Holding
177
New
10
Increased
10
Reduced
3
Closed
11

Top Buys

1
SKINW
The Beauty Health Company Warrant expiring 5/4/2026
SKINW
$3.73M
2
RVNC
Revance Therapeutics, Inc.
RVNC
$2.46M
3
ALIT.WS
Alight, Inc. Warrants, each exercisable for one share of Class A Common Stock at an exercise price o
ALIT.WS
$2.13M
4
GDL
GDL Fund
GDL
$1.83M
5
IRNT.WS
IronNet, Inc. Redeemable Warrants, each whole warrant exercisable for shares of Common Stock at an exercise price of $11.50 per share
IRNT.WS
$927K

Top Sells

1
STEM.WS
Stem, Inc. Warrants, each whole warrant exercisable for one share of Common Stock at an exercise pri
STEM.WS
$3.57M
2
CLOVW
Clover Health Investments, Corp. Warrants
CLOVW
$3.26M
3
SKLZ icon
Skillz
SKLZ
$3.26M
4
EVV
Eaton Vance Limited Duration Income Fund
EVV
$2.88M
5
TWNKW
Hostess Brands, Inc. Warrants
TWNKW
$2.34M

Sector Composition

1 Communication Services 1.97%
2 Energy 1.13%
3 Real Estate 0.98%
4 Healthcare 0.6%
5 Industrials 0.02%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
UONEK icon
1
Urban One Class D
UONEK
$35.8M
$16.4M 1.44% 2,413,966 +12,121 +0.5% +$82.5K
CMLS
2
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
$12.6M 1.1% 1,022,793 +3,541 +0.3% +$43.6K
BHR
3
Braemar Hotels & Resorts
BHR
$188M
$8.39M 0.73% 1,730,181 +24,057 +1% +$117K
BKEP
4
DELISTED
Blueknight Energy Partners L.P.
BKEP
$7.33M 0.64% 2,402,670 +77,054 +3% +$235K
CCO icon
5
Clear Channel Outdoor Holdings
CCO
$616M
$6.04M 0.53% 2,227,044 – –
OXY.WS icon
6
Occidental Petroleum Corporation Warrants to Purchase Common Stock
OXY.WS
$24B
$5.9M 0.52% 500,000 – –
RVNC
7
DELISTED
Revance Therapeutics, Inc.
RVNC
$3.91M 0.34% 140,430 +88,195 +169% +$2.46M
SKINW
8
DELISTED
The Beauty Health Company Warrant expiring 5/4/2026
SKINW
$3.73M 0.33% +258,380 New +$3.73M
KYN icon
9
Kayne Anderson Energy Infrastructure Fund
KYN
$2.12B
$3.47M 0.3% 433,088 – –
LSEA
10
DELISTED
Landsea Homes
LSEA
$2.76M 0.24% 318,796 – –
USAC icon
11
USA Compression Partners
USAC
$2.95B
$2.51M 0.22% 151,715 – –
AM icon
12
Antero Midstream
AM
$8.51B
$2.34M 0.2% 225,000 – –
FLXN
13
DELISTED
Flexion Therapeutics, Inc.
FLXN
$2.25M 0.2% 368,456 +78,466 +27% +$479K
KMF
14
DELISTED
Kayne Anderson NextGen Energy & Infrastructure, Inc.
KMF
$2.15M 0.19% 295,073 – –
PFIX icon
15
Simplify Interest Rate Hedge ETF
PFIX
$162M
$2.13M 0.19% 52,380 – –
ALIT.WS
16
DELISTED
Alight, Inc. Warrants, each exercisable for one share of Class A Common Stock at an exercise price o
ALIT.WS
$2.13M 0.19% +690,340 New +$2.13M
JQC icon
17
Nuveen Credit Strategies Income Fund
JQC
$754M
– – -291,105 Closed -$1.97M
GDL
18
GDL Fund
GDL
$95.9M
$1.83M 0.16% +203,318 New +$1.83M
FLG.PRU
19
Flagstar Financial, Inc. Bifurcated Option Note Unit SecuritiES
FLG.PRU
$113M
$1.82M 0.16% 34,230 – –
TWNKW
20
DELISTED
Hostess Brands, Inc. Warrants
TWNKW
$1.73M 0.15% 578,546 -783,585 -58% -$2.34M
NIMC
21
DELISTED
NiSource Inc. Series A Corporate Units
NIMC
– – 0 – –
UGIC
22
DELISTED
UGI Corporation
UGIC
– – 0 – –
AQNU
23
DELISTED
Algonquin Power & Utilities Corp. Corporate Units
AQNU
– – 0 – –
EOSEW icon
24
Eos Energy Enterprises, Inc. Warrant
EOSEW
$3.81M
$1.26M 0.11% 253,067 – –
AUS.WS
25
DELISTED
Austerlitz Acquisition Corporation I Warrants, each whole Warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share
AUS.WS
$1.22M 0.11% 726,072 +239,136 +49% +$400K
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