# ABSOLUTE INVESTMENT ADVISERS, LLC: Form 13F holdings

An institutional investment manager in ROSEMARY BEACH, FL. SEC CIK 1316187.

- Quarter ended: 2026-06-30
- Filed: 2026-07-21
- Reported value: $1.03bn
- Positions: 112 (112 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1316187/000106299326003738/

## 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 |
| --- | --- | ---: | ---: | ---: | --- | --- |
| MKS INC. | NOTE 1.250% 6/0 | $36.1m | 3.5% | 12,292,000 |  | Added +24,000 |
| GRANITE CONSTR INC | NOTE 3.250% 6/1 | $31.5m | 3.0% | 15,000,000 |  | Unchanged |
| APPLIED OPTOELECTRONICS INC | NOTE 2.750% 1/1 | $25.0m | 2.4% | 7,000,000 |  | Unchanged |
| SEMTECH CORP | NOTE 1.625%11/0 | $23.8m | 2.3% | 5,500,000 |  | Unchanged |
| HALOZYME THERAPEUTICS INC | NOTE 1.000% 8/1 | $20.4m | 2.0% | 14,000,000 |  | Unchanged |
| ETSY INC | NOTE 1.000% 6/1 | $20.0m | 1.9% | 17,201,000 |  | New +17,201,000 |
| FLUOR CORP | NOTE 1.125% 8/1 | $19.7m | 1.9% | 14,889,000 |  | Added +1,000,000 |
| INTEGER HLDGS CORP | DBCV 1.875% 3/1 | $19.2m | 1.9% | 20,000,000 |  | New +20,000,000 |
| A10 NETWORKS INC | NOTE 2.750% 4/0 | $18.6m | 1.8% | 11,000,000 |  | New +11,000,000 |
| TETRA TECH INC NEW | DBCV 2.250% 8/1 | $18.1m | 1.8% | 17,226,000 |  | Reduced −300,000 |
| CENTURY ALUM CO | NOTE 2.750% 5/0 | $17.1m | 1.7% | 6,938,000 |  | Added +1,288,000 |
| ENCORE CAP GROUP INC | NOTE 4.000% 3/1 | $17.1m | 1.7% | 11,250,000 |  | Unchanged |
| JAZZ INVESTMENTS I LTD | NOTE 3.125% 9/1 | $17.0m | 1.6% | 10,000,000 |  | Added +1,650,000 |
| VISHAY INTERTECHNOLOGY INC | NOTE 2.250% 9/1 | $16.9m | 1.6% | 8,531,000 |  | Reduced −2,500,000 |
| CIPHER DIGITAL INC | NOTE 1.750% 5/1 | $16.9m | 1.6% | 3,000,000 |  | Unchanged |
| PATRICK INDS INC | NOTE 1.750%12/0 | $16.2m | 1.6% | 10,949,000 |  | Unchanged |
| MERIT MED SYS INC | NOTE 3.000% 2/0 | $16.2m | 1.6% | 15,000,000 |  | New +15,000,000 |
| OSI SYSTEMS INC | NOTE 2.250% 8/0 | $16.0m | 1.5% | 12,008,000 |  | Reduced −20,000 |
| ON SEMICONDUCTOR CORP | NOTE 0.500% 3/0 | $15.9m | 1.5% | 13,168,000 |  | Unchanged |
| PARSONS CORP DEL | NOTE 2.625% 3/0 | $15.6m | 1.5% | 15,833,000 |  | Unchanged |
| LANTHEUS HLDGS INC | NOTE 2.625%12/1 | $15.4m | 1.5% | 10,600,000 |  | Unchanged |
| FLUENCE ENERGY INC | NOTE 2.250% 6/1 | $15.4m | 1.5% | 12,000,000 |  | Unchanged |
| ANI PHARMACEUTICALS INC | NOTE 2.250% 9/0 | $15.2m | 1.5% | 11,723,000 |  | Added +250,000 |
| FRESHPET INC | NOTE 3.000% 4/0 | $15.1m | 1.5% | 13,000,000 |  | Added +2,000,000 |
| LEMAITRE VASCULAR INC | NOTE 2.500% 2/0 | $14.9m | 1.4% | 14,000,000 |  | Added +1,000,000 |
| VARONIS SYS INC | NOTE 1.000% 9/1 | $14.5m | 1.4% | 15,000,000 |  | Added +4,000,000 |
| [TORTOISE ENERGY INFRSTRCTR C (TYG)](/companies/tyg.md) | COM | $14.5m | 1.4% | 338,029 |  | New +338,029 |
| CRACKER BARREL OLD CTRY STOR | NOTE 1.750% 9/1 | $14.3m | 1.4% | 14,000,000 |  | New +14,000,000 |
| PENGUIN SOLUTIONS INC | NOTE 2.000% 8/1 | $14.1m | 1.4% | 5,000,000 |  | New +5,000,000 |
| CLOUDFLARE INC | NOTE 6/1 | $13.9m | 1.3% | 11,000,000 |  | New +11,000,000 |
| NORTHERN OIL & GAS INC | NOTE 3.625% 4/1 | $13.9m | 1.3% | 14,500,000 |  | Added +4,500,000 |
| ALPHATEC HLDGS INC | NOTE 0.750% 3/1 | $13.8m | 1.3% | 14,500,000 |  | Added +2,750,000 |
| GREENBRIER COS INC | NOTE 2.875% 4/1 | $13.5m | 1.3% | 11,795,000 |  | Reduced −2,000,000 |
| LIFE360 INC | NOTE 6/0 | $12.9m | 1.2% | 12,457,000 |  | New +12,457,000 |
| LCI INDS | NOTE 3.000% 3/0 | $12.9m | 1.2% | 11,500,000 |  | Added +4,975,000 |
| [LIBERTY ALL STAR EQUITY FD (USA)](/companies/usa.md) | SH BEN INT | $12.6m | 1.2% | 2,176,489 |  | Reduced −238,617 |
| VEECO INSTRS INC DEL | NOTE 2.875% 6/0 | $12.0m | 1.2% | 4,500,000 |  | Reduced −3,000,000 |
| T1 ENERGY INC | NOTE 5.250%12/0 | $11.9m | 1.2% | 7,000,000 |  | Unchanged |
| SPECTRUM BRANDS INC | NOTE 3.375% 6/0 | $11.8m | 1.1% | 11,411,000 |  | Unchanged |
| PROGRESS SOFTWARE CORP | NOTE 3.500% 3/0 | $11.8m | 1.1% | 12,335,000 |  | Added +718,000 |
| GUIDEWIRE SOFTWARE INC | NOTE 1.250%11/0 | $11.5m | 1.1% | 12,000,000 |  | Added +2,000,000 |
| AKAMAI TECHNOLOGIES INC | NOTE 1.125% 2/1 | $11.1m | 1.1% | 9,327,000 |  | Reduced −4,500,000 |
| BENTLEY SYS INC | NOTE 0.375% 7/0 | $11.0m | 1.1% | 11,500,000 |  | Reduced −1,000,000 |
| LIVANOVA PLC | NOTE 2.500% 3/1 | $10.8m | 1.0% | 8,000,000 |  | Unchanged |
| DATADOG INC | NOTE 12/0 | $10.5m | 1.0% | 7,416,000 |  | Reduced −1,000,000 |
| ALARM COM HLDGS INC | NOTE 2.250% 6/0 | $10.4m | 1.0% | 11,000,000 |  | Added +1,000,000 |
| BOX INC | NOTE 1.500% 9/1 | $10.2m | 1.0% | 10,500,000 |  | Unchanged |
| BLACKLINE INC | NOTE 1.000% 6/0 | $10.1m | 1.0% | 11,000,000 |  | Reduced −1,000,000 |
| ITRON INC | NOTE 1.375% 7/1 | $10.0m | 1.0% | 10,000,000 |  | Unchanged |
| NUTANIX INC | NOTE 0.500%12/1 | $9.9m | 1.0% | 10,000,000 |  | Reduced −3,000,000 |
| JOBY AVIATION INC | NOTE 0.750% 2/1 | $9.7m | 0.9% | 10,640,000 |  | Added +4,500,000 |
| PACIRA BIOSCIENCES INC | NOTE 2.125% 5/1 | $9.0m | 0.9% | 9,000,000 |  | Unchanged |
| AKAMAI TECHNOLOGIES INC | NOTE 0.250% 5/1 | $8.8m | 0.8% | 6,000,000 |  | New +6,000,000 |
| GLOBAL PMTS INC | NOTE 1.500% 3/0 | $8.6m | 0.8% | 9,537,000 |  | Added +4,069,000 |
| UPWORK INC | NOTE 0.250% 8/1 | $8.6m | 0.8% | 8,640,000 |  | Unchanged |
| [GABELLI EQUITY TR INC (GAB)](/companies/gab.md) | COM | $8.5m | 0.8% | 1,508,078 |  | New +1,508,078 |
| PAGERDUTY INC | NOTE 1.500%10/1 | $8.4m | 0.8% | 9,000,000 |  | Unchanged |
| WINNEBAGO INDS INC | NOTE 3.250% 1/1 | $8.4m | 0.8% | 9,000,000 |  | Unchanged |
| SUPER MICRO COMPUTER INC | NOTE 6/1 | $8.0m | 0.8% | 9,000,000 |  | New +9,000,000 |
| NUVEEN S&P 500 DYNAMIC OVERW | COM | $7.9m | 0.8% | 421,986 |  | Reduced −8,447 |
| RAPID7 INC | NOTE 0.250% 3/1 | $7.8m | 0.8% | 8,123,000 |  | Unchanged |
| CONMED CORP | NOTE 2.250% 6/1 | $7.8m | 0.8% | 8,000,000 |  | Unchanged |
| POST HLDGS INC | NOTE 2.500% 8/1 | $7.7m | 0.7% | 7,500,000 |  | Unchanged |
| MCEWEN INC. | NOTE 5.250% 8/1 | $7.7m | 0.7% | 4,000,000 |  | Unchanged |
| ALKAMI TECHNOLOGY INC | NOTE 1.500% 3/1 | $7.6m | 0.7% | 8,000,000 |  | Reduced −1,590,000 |
| SNOWFLAKE INC | NOTE 10/0 | $7.1m | 0.7% | 4,000,000 |  | New +4,000,000 |
| WAYFAIR INC | NOTE 3.250% 9/1 | $7.1m | 0.7% | 4,664,000 |  | Unchanged |
| REPLIGEN CORP | NOTE 1.000%12/1 | $6.1m | 0.6% | 6,000,000 |  | Unchanged |
| AMC GLOBAL MEDIA INC | NOTE 4.250% 2/1 | $5.9m | 0.6% | 5,500,000 |  | Unchanged |
| EVOLENT HEALTH INC | DEBT 4.500% 8/1 | $5.9m | 0.6% | 7,500,000 |  | Unchanged |
| CREDIT SUISSE HIGH YIELD CRE | SH BEN INT | $5.3m | 0.5% | 3,002,193 |  | New +3,002,193 |
| NEUBERGER R/EST SECS INC FD | COM | $5.2m | 0.5% | 1,714,646 |  | Added +277,947 |
| T1 ENERGY INC | NOTE 4.000% 4/1 | $5.1m | 0.5% | 3,000,000 |  | New +3,000,000 |
| [NEUBERGER HIGH YIELD ST FD I (NHS)](/companies/nhs.md) | COM | $5.0m | 0.5% | 800,744 |  | New +800,744 |
| [XAI MADISON EQUITY PREMIUM I (MCN)](/companies/mcn.md) | COM | $4.8m | 0.5% | 871,846 |  | Added +304,785 |
| REDFIN CORP | NOTE 0.500% 4/0 | $4.7m | 0.5% | 4,925,000 |  | Added +2,000,000 |
| WORKIVA INC | NOTE 1.250% 8/1 | $4.7m | 0.5% | 5,000,000 |  | Reduced −2,000,000 |
| NUVEEN CR STRATEGIES INCOME | COM SHS | $4.5m | 0.4% | 932,452 |  | Reduced −207,397 |
| ASTRONICS CORP | NOTE 5.500% 3/1 | $4.4m | 0.4% | 1,000,000 |  | Unchanged |
| ISHARES TR | U.S. REAL ES ETF | $4.3m | 0.4% | 42,258 |  | New +42,258 |
| VOYA EMERGING MKTS HIGH DIVI | COM | $4.0m | 0.4% | 515,063 |  | New +515,063 |
| [BLACKROCK CORPOR HI YLD FD I (HYT)](/companies/hyt.md) | COM | $3.9m | 0.4% | 460,607 |  | Reduced −731,257 |
| [NUVEEN REAL ASSET INCOME & G (JRI)](/companies/jri.md) | COM | $3.3m | 0.3% | 257,827 |  | Reduced −327,937 |
| [BLACKROCK ENERGY & RES TR (BGR)](/companies/bgr.md) | COM | $3.2m | 0.3% | 216,502 |  | Reduced −11,978 |
| SYNAPTICS INC | NOTE 0.750%12/0 | $3.0m | 0.3% | 2,000,000 |  | Unchanged |
| [FS CREDIT OPPORTUNITIES CORP (FSCO)](/companies/fsco.md) | COMMON STOCK | $2.8m | 0.3% | 552,067 |  | Reduced −6,619 |
| GREEN PLAINS INC | NOTE 2.250% 3/1 | $2.6m | 0.3% | 2,668,000 |  | Unchanged |
| [WESTERN ASSET HIGH YIELD OPP (HYI)](/companies/hyi.md) | COM | $2.6m | 0.3% | 245,966 |  | Unchanged |
| COINBASE GLOBAL INC | NOTE 0.250% 4/0 | $2.5m | 0.2% | 2,837,000 |  | Unchanged |
| ALPHATEC HLDGS INC | NOTE 0.750% 8/0 | $2.5m | 0.2% | 2,512,000 |  | Unchanged |
| CELCUITY INC | NOTE 0.250% 8/0 | $2.3m | 0.2% | 2,000,000 |  | New +2,000,000 |
| [INVESCO SR INCOME TR (VVR)](/companies/vvr.md) | COM | $2.2m | 0.2% | 737,508 |  | Reduced −737,678 |
| [DESTRA MULTI-ALTERNATIVE FD (DMA)](/companies/dma.md) | COMMON SHARES | $2.1m | 0.2% | 284,406 |  | Added +10,710 |
| BLACKROCK FLOATING RATE INCO | COM | $1.7m | 0.2% | 158,954 |  | Added +49,724 |
| RAPID7 INC | NOTE 1.250% 3/1 | $1.7m | 0.2% | 2,000,000 |  | Unchanged |
| [PIMCO CORPORATE & INCOME OPP (PTY)](/companies/pty.md) | COM | $1.4m | 0.1% | 116,063 |  | Added +33,424 |
| [WESTERN ASSET HIGH INCOME OP (HIO)](/companies/hio.md) | COM | $1.4m | 0.1% | 372,457 |  | Reduced −96,701 |
| [HANCOCK JOHN PREM DIVID FD (PDT)](/companies/pdt.md) | COM SH BEN INT | $1.1m | 0.1% | 87,415 |  | Unchanged |
| UNITY SOFTWARE INC | NOTE 3/1 | $1.1m | 0.1% | 1,000,000 |  | Unchanged |
| [BLACKROCK FLOATING RATE INC (BGT)](/companies/bgt.md) | COM | $1.0m | <0.1% | 94,792 |  | Reduced −167,608 |
| [DOUBLELINE OPPORTUNISTIC CR (DBL)](/companies/dbl.md) | COM | $929.6k | <0.1% | 64,644 |  | Reduced −128,538 |
| [ADVENT CONV & INCOME FD (AVK)](/companies/avk.md) | COM | $898.5k | <0.1% | 68,584 |  | Added +193 |
| VOYA ASIA PAC HIGH DIV EQT I | COM | $772.8k | <0.1% | 83,369 |  | New +83,369 |
| FIRST TR SR FLTG RATE INCOME | COM | $638.4k | <0.1% | 66,089 |  | New +66,089 |
| [LIBERTY ALL-STAR GROWTH FD I (ASG)](/companies/asg.md) | COM | $614.4k | <0.1% | 112,316 |  | Reduced −57,254 |
| NUVATION BIO INC | NOTE 0.750% 7/0 | $519.0k | <0.1% | 500,000 |  | New +500,000 |
| ALLIANCEBERNSTEIN GLOBAL HIG | COM | $484.9k | <0.1% | 47,082 |  | Reduced −96,462 |
| [WESTERN ASSET GBL HIGH INC F (EHI)](/companies/ehi.md) | COM | $405.9k | <0.1% | 68,096 |  | Unchanged |
| [SABA CAPITAL INCOME & OPRNT (BRW)](/companies/brw.md) | SHS NEW | $380.1k | <0.1% | 57,853 |  | Reduced −938,112 |
| [HIGH INCOME SECS FD (PCF)](/companies/pcf.md) | SHS BEN INT | $335.7k | <0.1% | 61,363 |  | Reduced −47,260 |
| [GUGGENHEIM STRATEGIC OPPORTU (GOF)](/companies/gof.md) | COM SBI | $162.4k | <0.1% | 14,872 |  | Reduced −8,228 |
| ABRDN NATL MUN INCOME FD | SH BEN INT | $122.9k | <0.1% | 11,856 |  | New +11,856 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| ABRDN GLOBAL DYNAMIC DIVIDEN | COM | $0 | 0.0% | 0 |  | Sold out −12,018 |
| [ABRDN GLOBAL PREMIER PPTYS F (AWP)](/companies/awp.md) | COM SH BEN INT | $0 | 0.0% | 0 |  | Sold out −25,317 |
| [ABRDN INCOME CREDIT STRATEGI (ACP)](/companies/acp.md) | COM | $0 | 0.0% | 0 |  | Sold out −1,035,965 |
| [ABRDN LIFE SCIENCES INVESTOR (HQL)](/companies/hql.md) | SH BEN INT | $0 | 0.0% | 0 |  | Sold out −35,755 |
| ACCURAY INC DEL | NOTE 3.750% 6/0 | $0 | 0.0% | 0 |  | Sold out −4,700,000 |
| BANDWIDTH INC | NOTE 0.500% 4/0 | $0 | 0.0% | 0 |  | Sold out −9,100,000 |
| [BLACKROCK CORE BD TR (BHK)](/companies/bhk.md) | SHS BEN INT | $0 | 0.0% | 0 |  | Sold out −316,951 |
| [BLACKROCK MUNIASSETS FD INC (MUA)](/companies/mua.md) | COM | $0 | 0.0% | 0 |  | Sold out −127,113 |
| [BLACKROCK SCIENCE & TECHNOLO (BSTZ)](/companies/bstz.md) | SHS BEN INT | $0 | 0.0% | 0 |  | Sold out −137,302 |
| [BLACKROCK TECH AND PRIVATE E (BTX)](/companies/btx.md) | SHS BEN INT | $0 | 0.0% | 0 |  | Sold out −1,549,398 |
| [BLACKSTONE LONG SHORT CR INC (BGX)](/companies/bgx.md) | COM SHS BN INT | $0 | 0.0% | 0 |  | Sold out −38,549 |
| [COHEN & STEERS INFRASTRUCTUR (UTF)](/companies/utf.md) | COM | $0 | 0.0% | 0 |  | Sold out −142,391 |
| CSG SYS INTL INC | NOTE 3.875% 9/1 | $0 | 0.0% | 0 |  | Sold out −5,000,000 |
| ENOVIS CORPORATION | NOTE 3.875%10/1 | $0 | 0.0% | 0 |  | Sold out −5,000,000 |
| [FRANKLIN LTD DURATION INCOME (FTF)](/companies/ftf.md) | COM | $0 | 0.0% | 0 |  | Sold out −214,168 |
| [FS SPECIALTY LENDING FD (FSSL)](/companies/fssl.md) | COM SH BEN INT | $0 | 0.0% | 0 |  | Sold out −66,654 |
| GABELLI EQUITY TR INC | RIGHT 04/14/2026 | $0 | 0.0% | 0 |  | Sold out −2,230,846 |
| [GABELLI HEALTHCARE & WELLNES (GRX)](/companies/grx.md) | SHS | $0 | 0.0% | 0 |  | Sold out −20,713 |
| INOTIV INC | NOTE 3.250%10/1 | $0 | 0.0% | 0 |  | Sold out −2,000,000 |
| LCI INDS | NOTE 1.125% 5/1 | $0 | 0.0% | 0 |  | Sold out −8,217,000 |
| LMP CAP & INCOME FD INC | COM | $0 | 0.0% | 0 |  | Sold out −97,544 |
| [NUVEEN FLOATING RATE INCOME (JFR)](/companies/jfr.md) | COM | $0 | 0.0% | 0 |  | Sold out −391,237 |
| [NXG CUSHING MIDSTREAM ENERGY (SRV)](/companies/srv.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −99,777 |
| [NYLI CBRE GBL INFR MEGTRNDS (MEGI)](/companies/megi.md) | COM | $0 | 0.0% | 0 |  | Sold out −411,549 |
| ORACLE CORP | 6.5 DEP CUM SR D | $0 | 0.0% | 0 |  | Sold out −60,000,000 |
| ORMAT TECHNOLOGIES INC | NOTE 2.500% 7/1 | $0 | 0.0% | 0 |  | Sold out −3,000,000 |
| [RIVERNORTH OPPORTUNITIES FD (RIV)](/companies/riv.md) | COM | $0 | 0.0% | 0 |  | Sold out −274,406 |
| [VIRTUS STONE HBR EMRG MKTS I (EDF)](/companies/edf.md) | COM | $0 | 0.0% | 0 |  | Sold out −246,827 |
| [VIRTUS TOTAL RETURN FD INC (ZTR)](/companies/ztr.md) | COM | $0 | 0.0% | 0 |  | Sold out −279,486 |
| [WESTERN ASSET HIGH INCOM FD (HIX)](/companies/hix.md) | COM | $0 | 0.0% | 0 |  | Sold out −52,624 |
| WISDOMTREE INC | NOTE 3.250% 8/1 | $0 | 0.0% | 0 |  | Sold out −9,308,000 |
| WORKIVA INC | NOTE 1.125% 8/1 | $0 | 0.0% | 0 |  | Sold out −6,000,000 |
| XOMETRY INC | NOTE 1.000% 2/0 | $0 | 0.0% | 0 |  | Sold out −1,000,000 |

Source: SEC EDGAR, Form 13F-HR, accession 0001062993-26-003738. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.