# ZAZOVE ASSOCIATES LLC: Form 13F holdings

An institutional investment manager in INCLINE VILLAGE, NV. SEC CIK 1009012.

- Quarter ended: 2026-06-30
- Filed: 2026-07-16
- Reported value: $1.22bn
- Positions: 151 (157 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: not compared; the manager did not file for the quarter before
- Filing: https://www.sec.gov/Archives/edgar/data/1009012/000142050626001244/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| TETRA TECH INC NEW | DBCV 2.250% 8/1 | $62.4m | 5.1% | $59,095,000 principal |  | Not compared |
| PARSONS CORP DEL | NOTE 2.625% 3/0 | $56.9m | 4.6% | $57,602,000 principal |  | Not compared |
| SOUTHERN CO | NOTE 4.500% 6/1 | $54.9m | 4.5% | $49,750,000 principal |  | Not compared |
| ALIBABA GROUP HLDG LTD | NOTE 0.500% 6/0 | $54.1m | 4.4% | $45,820,000 principal |  | Not compared |
| FLUOR CORP | NOTE 1.125% 8/1 | $50.1m | 4.1% | $37,865,000 principal |  | Not compared |
| BANK OF AMER CORP | 7.25%CNV PFD L | $45.1m | 3.7% | 35,925 |  | Not compared |
| ITRON INC | NOTE 1.375% 7/1 | $43.3m | 3.5% | $43,380,000 principal |  | Not compared |
| BOFA FIN LLC | MTNF 0.600% 5/2 | $40.3m | 3.3% | $31,982,000 principal |  | Not compared |
| CYBERARK SOFTWARE LTD | NOTE 6/1 | $39.0m | 3.2% | $23,380,000 principal |  | Not compared |
| NUTANIX INC | NOTE 0.250%10/0 | $37.9m | 3.1% | $33,525,000 principal |  | Not compared |
| UBER TECHNOLOGIES INC | NOTE 0.875%12/0 | $37.2m | 3.0% | $31,000,000 principal |  | Not compared |
| CLOUDFLARE INC | NOTE 6/1 | $35.2m | 2.9% | $27,735,000 principal |  | Not compared |
| PPL CAP FDG INC | NOTE 2.875% 3/1 | $31.6m | 2.6% | $27,815,000 principal |  | Not compared |
| GUIDEWIRE SOFTWARE INC | NOTE 1.250%11/0 | $31.0m | 2.5% | $32,195,000 principal |  | Not compared |
| BROOKDALE SR LIVING INC | NOTE 2.000%10/1 | $28.6m | 2.3% | $14,350,000 principal |  | Not compared |
| REVOLUTION MEDICINES INC | NOTE 0.500% 5/0 | $27.7m | 2.3% | $21,900,000 principal |  | Not compared |
| REPLIGEN CORP | NOTE 1.000%12/1 | $27.0m | 2.2% | $26,305,000 principal |  | Not compared |
| AEROVIRONMENT INC | NOTE 7/1 | $26.8m | 2.2% | $28,490,000 principal |  | Not compared |
| MICROCHIP TECHNOLOGY INC. | NOTE 0.750% 6/0 | $26.2m | 2.1% | $23,750,000 principal |  | Not compared |
| EVERGY INC | NOTE 4.500%12/1 | $24.1m | 2.0% | $16,895,000 principal |  | Not compared |
| FRESHPET INC | NOTE 3.000% 4/0 | $23.1m | 1.9% | $19,770,000 principal |  | Not compared |
| INTEGER HLDGS CORP | NOTE 2.125% 2/1 | $23.0m | 1.9% | $18,745,000 principal |  | Not compared |
| MAKEMYTRIP LIMITED MAURITIUS | NOTE 7/0 | $19.8m | 1.6% | $21,755,000 principal |  | Not compared |
| NORTHERN OIL & GAS INC | NOTE 3.625% 4/1 | $17.6m | 1.4% | $18,381,000 principal |  | Not compared |
| THE REALREAL INC | DEBT 4.000% 2/1 | $15.7m | 1.3% | $11,118,000 principal |  | Not compared |
| GLOBAL PMTS INC | NOTE 1.500% 3/0 | $15.6m | 1.3% | $17,365,000 principal |  | Not compared |
| GOLAR LNG LTD | NOTE 2.750%12/1 | $15.4m | 1.3% | $13,515,000 principal |  | Not compared |
| HAEMONETICS CORP MASS | NOTE 2.500% 6/0 | $12.9m | 1.1% | $12,735,000 principal |  | Not compared |
| PURECYCLE TECHNOLOGIES INC | NOTE 4.750% 7/0 | $11.9m | 1.0% | $11,750,000 principal |  | Not compared |
| WORLD KINECT CORPORATION | NOTE 3.250% 7/0 | $11.1m | 0.9% | $8,545,000 principal |  | Not compared |
| CHEESECAKE FACTORY INC | NOTE 2.000% 3/1 | $10.8m | 0.9% | $8,490,000 principal |  | Not compared |
| RIVIAN AUTOMOTIVE INC | NOTE 4.625% 3/1 | $10.7m | 0.9% | $9,000,000 principal |  | Not compared |
| PG&E CORP | NOTE 4.250%12/0 | $9.8m | 0.8% | $9,500,000 principal |  | Not compared |
| OPKO HEALTH INC | NOTE 3.750% 1/1 | $9.0m | 0.7% | $5,903,000 principal |  | Not compared |
| AFFIRM HLDGS INC | NOTE 0.750%12/1 | $8.7m | 0.7% | $7,500,000 principal |  | Not compared |
| ON SEMICONDUCTOR CORP | NOTE 0.500% 3/0 | $8.5m | 0.7% | $7,000,000 principal |  | Not compared |
| NCL CORP LTD | NOTE 0.875% 4/1 | $8.4m | 0.7% | $7,540,000 principal |  | Not compared |
| SITIME CORP | NOTE 6/1 | $8.3m | 0.7% | $7,500,000 principal |  | Not compared |
| DATADOG INC | NOTE 12/0 | $8.2m | 0.7% | $5,800,000 principal |  | Not compared |
| VISHAY INTERTECHNOLOGY INC | NOTE 2.250% 9/1 | $7.9m | 0.6% | $4,000,000 principal |  | Not compared |
| WEC ENERGY GROUP INC | NOTE 3.375% 6/0 | $7.8m | 0.6% | $7,500,000 principal |  | Not compared |
| LANTHEUS HLDGS INC | NOTE 2.625%12/1 | $7.3m | 0.6% | $5,000,000 principal |  | Not compared |
| VERTEX INC | NOTE 0.750% 5/0 | $7.0m | 0.6% | $7,860,000 principal |  | Not compared |
| IMPINJ INC | NOTE 1.125% 5/1 | $7.0m | 0.6% | $4,990,000 principal |  | Not compared |
| LYFT INC | NOTE 0.625% 3/0 | $6.8m | 0.6% | $6,500,000 principal |  | Not compared |
| ALLIANT ENERGY CORP | NOTE 3.250% 5/3 | $6.6m | 0.5% | $6,000,000 principal |  | Not compared |
| FLUENCE ENERGY INC | NOTE 2.250% 6/1 | $6.4m | 0.5% | $5,000,000 principal |  | Not compared |
| ALNYLAM PHARMACEUTICALS INC | NOTE 1.000% 9/1 | $6.1m | 0.5% | $5,075,000 principal |  | Not compared |
| SUPER MICRO COMPUTER INC | NOTE 2.250% 7/1 | $5.9m | 0.5% | $6,000,000 principal |  | Not compared |
| RUBRIK INC. | NOTE 6/1 | $5.8m | 0.5% | $5,685,000 principal |  | Not compared |
| CMS ENERGY CORP | NOTE 3.375% 5/0 | $5.1m | 0.4% | $4,545,000 principal |  | Not compared |
| SNOWFLAKE INC | NOTE 10/0 | $5.0m | 0.4% | $3,000,000 principal |  | Not compared |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | $5.0m | 0.4% | 100,000 |  | Not compared |
| TRANSMEDICS GROUP INC | NOTE 1.500% 6/0 | $4.9m | 0.4% | $4,500,000 principal |  | Not compared |
| AKAMAI TECHNOLOGIES INC | NOTE 0.375% 9/0 | $4.8m | 0.4% | $4,000,000 principal |  | Not compared |
| [BRAEMAR HOTELS & RESORTS INC (BHR)](/companies/bhr.md) | COM | $4.8m | 0.4% | 2,217,055 |  | Not compared |
| CELCUITY INC | NOTE 0.250% 8/0 | $3.9m | 0.3% | $3,425,000 principal |  | Not compared |
| UPSTART HLDGS INC | NOTE 1.000%11/1 | $3.7m | 0.3% | $4,500,000 principal |  | Not compared |
| FIRST MAJESTIC SILVER CORP | NOTE 0.375% 1/1 | $3.7m | 0.3% | $3,000,000 principal |  | Not compared |
| [WESTROCK COFFEE CO (WEST)](/companies/west.md) | COM | $3.7m | 0.3% | 450,508 |  | Not compared |
| LIBERTY MEDIA CORP DEL | NOTE 2.250% 8/1 | $3.6m | 0.3% | $2,920,000 principal |  | Not compared |
| LCI INDS | NOTE 3.000% 3/0 | $3.4m | 0.3% | $3,000,000 principal |  | Not compared |
| PELOTON INTERACTIVE INC | NOTE 5.500%12/0 | $3.2m | 0.3% | $2,000,000 principal |  | Not compared |
| GUARDANT HEALTH INC | NOTE 11/1 | $3.1m | 0.3% | $2,500,000 principal |  | Not compared |
| TRIP COM GROUP LTD | NOTE 0.750% 6/1 | $3.0m | 0.2% | $3,000,000 principal |  | Not compared |
| JAZZ INVESTMENTS I LTD | NOTE 3.125% 9/1 | $2.9m | 0.2% | $1,720,000 principal |  | Not compared |
| [URBAN ONE INC (UONE)](/companies/uone.md) | COM SHS CL D NON | $2.5m | 0.2% | 512,035 |  | Not compared |
| TANDEM DIABETES CARE INC | NOTE 1.500% 3/1 | $2.4m | 0.2% | $2,500,000 principal |  | Not compared |
| [RUM GROUP INC (RUM)](/companies/rum.md) | \*W EXP 09/16/202 | $2.3m | 0.2% | 1,222,995 |  | Not compared |
| GROUPON INC | NOTE 6.250% 3/1 | $2.3m | 0.2% | $2,000,000 principal |  | Not compared |
| [GRANITE RIDGE RESOURCES INC (GRNT)](/companies/grnt.md) | COM | $2.2m | 0.2% | 508,970 |  | Not compared |
| [THE REALREAL INC (REAL)](/companies/real.md) | COM | $2.2m | 0.2% | 185,000 |  | Not compared |
| [BROOKDALE SR LIVING INC (BKD)](/companies/bkd.md) | COM | $2.2m | 0.2% | 135,000 |  | Not compared |
| BRAEMAR HOTELS & RESORTS INC | 5.5 CUM CV PFD B | $2.0m | 0.2% | 147,383 |  | Not compared |
| [PURECYCLE TECHNOLOGIES INC (PCT)](/companies/pct.md) | \*W EXP 03/17/202 | $2.0m | 0.2% | 759,412 |  | Not compared |
| SNAP INC | NOTE 0.500% 5/0 | $2.0m | 0.2% | $2,500,000 principal |  | Not compared |
| SNOWFLAKE INC | NOTE 10/0 | $1.9m | 0.2% | $1,070,000 principal |  | Not compared |
| [MNTN INC (MNTN)](/companies/mntn.md) | CL A | $1.8m | 0.2% | 200,000 |  | Not compared |
| LIBERTY MEDIA CORP DEL | NOTE 3.750% 3/1 | $1.8m | 0.1% | $1,550,000 principal |  | Not compared |
| ASA GOLD AND PRECIOUS MTLS L | SHS | $1.7m | 0.1% | 32,655 |  | Not compared |
| NUVATION BIO INC | NOTE 0.750% 7/0 | $1.6m | 0.1% | $1,500,000 principal |  | Not compared |
| INTEGER HLDGS CORP | DBCV 1.875% 3/1 | $1.5m | 0.1% | $1,565,000 principal |  | Not compared |
| [LUXEXPERIENCE BV (LUXE)](/companies/luxe.md) | SPONSORED ADS | $1.5m | 0.1% | 200,374 |  | Not compared |
| [BKV CORP (BKV)](/companies/bkv.md) | COM | $1.3m | 0.1% | 46,912 |  | Not compared |
| BRC INC | COM CL A | $1.1m | <0.1% | 1,010,918 |  | Not compared |
| JD.COM INC | NOTE 0.250% 6/0 | $1.1m | <0.1% | $1,130,000 principal |  | Not compared |
| OSISKO DEVELOPMENT CORP | COM NEW | $1.1m | <0.1% | 450,000 |  | Not compared |
| [GLASS HOUSE BRANDS INC (GLAS)](/companies/glas.md) | SUB REG LTD VTG | $1.0m | <0.1% | 79,844 |  | Not compared |
| AKAMAI TECHNOLOGIES INC | NOTE 1.125% 2/1 | $954.9k | <0.1% | $800,000 principal |  | Not compared |
| [AMERICAS GOLD AND SILVER COR (USAS)](/companies/usas.md) | COM NEW | $944.0k | <0.1% | 200,000 |  | Not compared |
| KOSMOS ENERGY LTD | NOTE 3.125% 3/1 | $902.7k | <0.1% | $1,230,000 principal |  | Not compared |
| [GOLD ROYALTY CORP (GROY)](/companies/groy.md) | COMMON SHARES | $828.0k | <0.1% | 300,000 |  | Not compared |
| WHIRLPOOL CORP | 8.5 DEP SR A CNV | $788.4k | <0.1% | 22,500 |  | Not compared |
| SHIFT4 PMTS INC | NOTE 0.500% 8/0 | $773.7k | <0.1% | $810,000 principal |  | Not compared |
| [ALLIANCEBERNSTEIN HLDG L P (AB)](/companies/ab.md) | UNIT LTD PARTN | $679.7k | <0.1% | 19,300 |  | Not compared |
| ALPHABET INC | DEP SHS RP1/20 A | $631.0k | <0.1% | 12,500 |  | Not compared |
| B2GOLD CORP | CALL | $613.8k | <0.1% | 792,000 | Call | Not compared |
| AMPRIUS TECHNOLOGIES INC | \*W EXP 09/14/202 | $594.7k | <0.1% | 102,096 |  | Not compared |
| AMPHASTAR PHARMACEUTICALS IN | NOTE 2.000% 3/1 | $581.2k | <0.1% | $640,000 principal |  | Not compared |
| BANDWIDTH INC | NOTE 0.500% 4/0 | $565.1k | <0.1% | $601,000 principal |  | Not compared |
| CLOUDFLARE INC | NOTE 8/1 | $515.5k | <0.1% | $400,000 principal |  | Not compared |
| NET POWER INC | \*W EXP 06/08/202 | $475.4k | <0.1% | 1,533,692 |  | Not compared |
| DIREXION SHARES ETF TRUST | DAI SEM 3X ETF | $453.6k | <0.1% | 140,000 |  | Not compared |
| LITHIUM ARGENTINA AG | NOTE 1.750% 1/1 | $450.2k | <0.1% | $460,000 principal |  | Not compared |
| [SILVERCORP METALS INC (SVM)](/companies/svm.md) | COM | $416.8k | <0.1% | 41,264 |  | Not compared |
| SNAP INC | NOTE 0.125% 3/0 | $388.7k | <0.1% | $420,000 principal |  | Not compared |
| TH INTERNATIONAL LIMITED | SHS NEW | $382.5k | <0.1% | 200,281 |  | Not compared |
| SEA LTD | NOTE 0.250% 9/1 | $381.3k | <0.1% | $385,000 principal |  | Not compared |
| MARRIOTT VACATIONS WORLDWIDE | NOTE 3.250%12/1 | $380.6k | <0.1% | $386,000 principal |  | Not compared |
| ETSY INC | NOTE 0.250% 6/1 | $379.6k | <0.1% | $415,000 principal |  | Not compared |
| PENNYMAC CORP | NOTE 8.500% 6/0 | $377.5k | <0.1% | $370,000 principal |  | Not compared |
| REDFIN CORP | NOTE 0.500% 4/0 | $373.2k | <0.1% | $386,000 principal |  | Not compared |
| BLACKSTONE MORTGAGE TRUST IN | NOTE 5.500% 3/1 | $353.1k | <0.1% | $354,000 principal |  | Not compared |
| CERENCE INC | NOTE 1.500% 7/0 | $317.9k | <0.1% | $345,000 principal |  | Not compared |
| [B2GOLD CORP (BTG)](/companies/btg.md) | COM | $280.9k | <0.1% | 75,100 |  | Not compared |
| RLJ LODGING TR | CUM CONV PFD A | $265.9k | <0.1% | 10,809 |  | Not compared |
| ENPHASE ENERGY INC | NOTE 3/0 | $258.1k | <0.1% | $276,000 principal |  | Not compared |
| AFFIRM HLDGS INC | NOTE 11/1 | $250.9k | <0.1% | $255,000 principal |  | Not compared |
| BENTLEY SYS INC | NOTE 0.375% 7/0 | $249.7k | <0.1% | $260,000 principal |  | Not compared |
| NATIONAL FUEL GAS CO | CALL | $243.7k | <0.1% | 29,900 | Call | Not compared |
| [SYMBOTIC INC (SYM)](/companies/sym.md) | CLASS A COM | $236.3k | <0.1% | 55,000 | Call | Not compared |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | CAP STK CL C | $201.7k | <0.1% | 17,500 | Call | Not compared |
| [AURORA INNOVATION INC (AUR)](/companies/aur.md) | \*W EXP 11/03/202 | $194.4k | <0.1% | 541,491 |  | Not compared |
| SIMPLIFY EXCHANGE TRADED FUN | VOLATILITY PREM | $174.8k | <0.1% | 10,900 |  | Not compared |
| EPR PPTYS | CONV PFD 9% SR E | $164.2k | <0.1% | 5,122 |  | Not compared |
| [PURECYCLE TECHNOLOGIES INC (PCT)](/companies/pct.md) | COM | $158.7k | <0.1% | 19,569 |  | Not compared |
| HELEN OF TROY LTD | PUT | $151.3k | <0.1% | 50,000 | Put | Not compared |
| [OPKO HEALTH INC (OPK)](/companies/opk.md) | COM | $150.0k | <0.1% | 100,000 |  | Not compared |
| NUTANIX INC | NOTE 0.500%12/1 | $147.8k | <0.1% | $150,000 principal |  | Not compared |
| ARCHER AVIATION INC | \*W EXP 09/16/202 | $136.4k | <0.1% | 1,185,705 |  | Not compared |
| ISHARES INC | MSCI GERMANY ETF | $132.2k | <0.1% | 74,500 | Put | Not compared |
| ALPHABET INC | DEP SHS RP1/20 B | $125.7k | <0.1% | 2,500 |  | Not compared |
| MGP INGREDIENTS INC NEW | NOTE 1.875%11/1 | $107.1k | <0.1% | $110,000 principal |  | Not compared |
| DRAFTKINGS INC NEW | NOTE 3/1 | $107.1k | <0.1% | $115,000 principal |  | Not compared |
| ZIFF DAVIS INC | DEBT 3.625% 3/0 | $102.6k | <0.1% | $102,000 principal |  | Not compared |
| [ENERGY TRANSFER L P (ET)](/companies/et.md) | COM UT LTD PTN | $95.6k | <0.1% | 5,000 |  | Not compared |
| [FIVE BELOW INC (FIVE)](/companies/five.md) | COM | $89.3k | <0.1% | 15,000 | Call | Not compared |
| [URBAN ONE INC (UONE)](/companies/uone.md) | CL A SHS | $83.1k | <0.1% | 15,202 |  | Not compared |
| FIVE9 INC | PUT | $61.5k | <0.1% | 15,000 | Put | Not compared |
| BROOKDALE SR LIVING INC | NOTE 3.500%10/1 | $57.4k | <0.1% | $30,000 principal |  | Not compared |
| HIMS & HERS HEALTH INC | PUT | $57.0k | <0.1% | 40,000 | Put | Not compared |
| OPPFI INC | \*W EXP 07/20/202 | $51.2k | <0.1% | 1,554,109 |  | Not compared |
| STATE STR SPDR S&P 500 ETF T | PUT | $48.0k | <0.1% | 60,500 | Put | Not compared |
| SPX TECHNOLOGIES INC | PUT | $45.5k | <0.1% | 4,000 | Put | Not compared |
| EL PASO ENERGY CAP TR I | PFD CV TR SEC 28 | $45.2k | <0.1% | 887 |  | Not compared |
| ALLIANCEBERNSTEIN HLDG L P | CALL | $35.5k | <0.1% | 49,000 | Call | Not compared |
| I-80 GOLD CORP | \*W EXP 11/16/202 | $29.8k | <0.1% | 38,466 |  | Not compared |
| ROADZEN INC | \*W EXP 11/30/202 | $29.2k | <0.1% | 150,602 |  | Not compared |
| [ADAM NAT RES FD INC (PEO)](/companies/peo.md) | COM | $24.4k | <0.1% | 987 |  | Not compared |
| [SUNPOWER INC (SPWR)](/companies/spwr.md) | \*W EXP 07/31/202 | $1.8k | <0.1% | 11,327 |  | Not compared |
| ROBO.AI INC. | \*W EXP 11/11/202 | $1.2k | <0.1% | 29,141 |  | Not compared |

Source: SEC EDGAR, Form 13F-HR, accession 0001420506-26-001244. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.