ZAZOVE ASSOCIATES LLC — 13F Holdings & Portfolio
CIK 1009012 · latest 13F-HR filed 2026-06-18
ZAZOVE ASSOCIATES LLC manages $957.0M in 13F-reported U.S. long-equity assets across 151 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are TTEK (6.47%), PARSONS CORP DEL (6.44%), FLR (5.15%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 31 new positions, exited 34, added to 28, and trimmed 44.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
INCLINE VILLAGE, NV 89451
$957.0M
Long-equity book
151
Distinct positions
2026-03-31
Filed 2026-06-18
+31 / −34 / ↑28 / ↓44
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- BANK AMERICA CORP$32.7M +335.5%
- LYFT INC$14.5M +344.3%
- BOFA FIN LLC$11.7M +56.8%
- ITRON INC$9.2M +26.7%
- AEROVIRONMENT INC$6.5M +30.1%
Top Trims
- DUKE ENERGY CORP NEW-$53.9M -85.5%
- VENTAS RLTY LTD PARTNERSHIP-$52.2M -87.2%
- MKS INC.-$48.6M -92.1%
- LIVE NATION ENTERTAINMENT IN-$10.6M -89.9%
- JAZZ INVESTMENTS I LTD-$8.8M -28.5%
New Positions
- UBER TECHNOLOGIES INC$48.3M
- CHEESECAKE FACTORY INC$21.1M
- THE REALREAL INC$13.2M
- SNOWFLAKE INC$11.8M
- JOBY AVIATION INC$8.2M
Exited Positions
- TYLER TEX INDPT SCH DIST$61.8M
- SPOTIFY USA INC$56.1M
- SSR MINING IN$28.6M
- VARONIS SYS INC$22.3M
- GRANITE CONSTR INC$13.1M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | TETRA TECH INC NEW | TTEK | 88162GAB9 | $61.9M | 6.47% | 58,880,000 | PRN |
| 2 | PARSONS CORP DEL | — | 70202LAD4 | $61.6M | 6.44% | 62,237,000 | PRN |
| 3 | FLUOR CORP | FLR | 343412AJ1 | $49.3M | 5.15% | 40,315,000 | PRN |
| 4 | UBER TECHNOLOGIES INC | UBER | 90353TAM2 | $48.3M | 5.05% | 40,000,000 | PRN |
| 5 | ITRON INC | ITRO | 465741AQ9 | $43.5M | 4.55% | 43,295,000 | PRN |
| 6 | BANK AMERICA CORP | BACPL | 060505682 | $42.5M | 4.44% | 35,665 | SH |
| 7 | PPL CAP FDG INC | PPL | 69352PAS2 | $32.7M | 3.41% | 27,880,000 | PRN |
| 8 | BOFA FIN LLC | — | 09709UV70 | $32.3M | 3.38% | 26,942,000 | PRN |
| 9 | SOUTHERN CO | SO | 842587DZ7 | $31.7M | 3.31% | 28,550,000 | PRN |
| 10 | NUTANIX INC | NTNX | 67059NAH1 | $31.6M | 3.31% | 30,975,000 | PRN |
| 11 | GUIDEWIRE SOFTWARE INC | GWRE | 40171VAC4 | $29.5M | 3.09% | 29,585,000 | PRN |
| 12 | AEROVIRONMENT INC | AVAV | 008073AA6 | $28.1M | 2.94% | 28,520,000 | PRN |
| 13 | REPLIGEN CORP | RGEN | 759916AD1 | $25.6M | 2.67% | 26,300,000 | PRN |
| 14 | BROOKDALE SR LIVING INC | — | 112463AC8 | $24.5M | 2.56% | 14,350,000 | PRN |
| 15 | EVERGY INC | EVRG | 30034WAD8 | $23.0M | 2.40% | 17,025,000 | PRN |
| 16 | INTEGER HLDGS CORP | — | 45826HAB5 | $22.3M | 2.33% | 18,783,000 | PRN |
| 17 | JAZZ INVESTMENTS I LTD | JAZZ | 472145AH4 | $22.1M | 2.31% | 15,635,000 | PRN |
| 18 | CHEESECAKE FACTORY INC | CAKE | 163072AC5 | $21.1M | 2.20% | 20,670,000 | PRN |
| 19 | HAEMONETICS CORP MASS | — | 405024AD2 | $19.9M | 2.08% | 20,875,000 | PRN |
| 20 | LYFT INC | LYFT | 55087PAD6 | $18.7M | 1.96% | 18,500,000 | PRN |
| 21 | BRAEMAR HOTELS & RESORTS INC | BHR | 10482BAB7 | $16.9M | 1.76% | 17,020,000 | PRN |
| 22 | NORTHERN OIL & GAS INC | NOG | 665531AJ8 | $14.8M | 1.55% | 13,401,000 | PRN |
| 23 | GLOBAL PMTS INC | GPN | 37940XAU6 | $13.6M | 1.42% | 15,460,000 | PRN |
| 24 | THE REALREAL INC | REAL | 88339PAJ0 | $13.2M | 1.38% | 11,138,000 | PRN |
| 25 | SNOWFLAKE INC | SNOW | 833445AB5 | $11.8M | 1.23% | 10,000,000 | PRN |
| 26 | AMERICAN WTR CAP CORP | HIPH | 03040WBE4 | $10.5M | 1.10% | 10,555,000 | PRN |
| 27 | DUKE ENERGY CORP NEW | DUKRD | 26441CBY0 | $9.1M | 0.96% | 8,290,000 | PRN |
| 28 | JOBY AVIATION INC | JOBY | 47775AAA9 | $8.2M | 0.86% | 9,630,000 | PRN |
| 29 | VENTAS RLTY LTD PARTNERSHIP | VTR | 92277GAZ0 | $7.7M | 0.80% | 5,153,000 | PRN |
| 30 | OPKO HEALTH INC | OPK | 68375NAG8 | $7.5M | 0.78% | 5,918,000 | PRN |
| 31 | VERTEX INC | VRTX | 92538JAB2 | $7.0M | 0.74% | 8,095,000 | PRN |
| 32 | FRESHPET INC | FRPT | 358039AB1 | $6.7M | 0.70% | 5,770,000 | PRN |
| 33 | T1 ENERGY INC | TE | 35834FAB0 | $6.3M | 0.65% | 5,950,000 | PRN |
| 34 | PG&E CORP | PCG | 69331CAL2 | $6.2M | 0.65% | 6,000,000 | PRN |
| 35 | IMPINJ INC | PI | 453204AD1 | $6.1M | 0.63% | 5,000,000 | PRN |
| 36 | SPDR SERIES TRUST | SPSB | 78464A474 | $6.0M | 0.63% | 200,000 | SH |
| 37 | KAYNE ANDERSON ENERGY INFRST | KYN | 486606106 | $5.9M | 0.62% | 414,961 | SH |
| 38 | WORLD KINECT CORPORATION | WKC | 98149GAB6 | $5.4M | 0.56% | 5,095,000 | PRN |
| 39 | RIVIAN AUTOMOTIVE INC | RIVN | 76954AAB9 | $5.4M | 0.56% | 5,000,000 | PRN |
| 40 | VANGUARD BD INDEX FDS | VUSB | 92203C303 | $5.0M | 0.52% | 100,000 | SH |
| 41 | CVR PARTNERS LP/CVR NITROGEN | UAN | 126633205 | $4.9M | 0.51% | 38,578 | SH |
| 42 | AFFIRM HLDGS INC | AFRM | 00827BAD8 | $4.2M | 0.44% | 4,500,000 | PRN |
| 43 | MKS INC. | MKSI | 55306NAB0 | $4.1M | 0.43% | 2,500,000 | PRN |
| 44 | GRANITE RIDGE RESOURCES INC | GRNT | 387432107 | $4.1M | 0.43% | 692,956 | SH |
| 45 | BRAEMAR HOTELS & RESORTS INC | BHR | 10482B101 | $4.0M | 0.42% | 1,696,293 | SH |
| 46 | ON SEMICONDUCTOR CORP | ON | 682189AU9 | $3.9M | 0.41% | 4,000,000 | PRN |
| 47 | SNOWFLAKE INC | SNOW | 833445AD1 | $3.6M | 0.38% | 2,965,000 | PRN |
| 48 | SUPER MICRO COMPUTER INC | SMCI | 86800UAD6 | $3.4M | 0.36% | 4,000,000 | PRN |
| 49 | LIBERTY MEDIA CORP DEL | FWONA | 531229AQ5 | $3.4M | 0.35% | 2,920,000 | PRN |
| 50 | TRANSMEDICS GROUP INC | TMDX | 89377MAB5 | $3.2M | 0.34% | 2,500,000 | PRN |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-06-18 | $957.0M | 151 | 0001420506-26-001189 |
| 2026-03-31 | 2026-06-15 | $1.16B | 171 | 0001420506-26-001186 |
| 2025-12-31 | 2026-02-18 | $1.16B | 171 | 0001009012-26-000003 |
| 2025-09-30 | 2025-10-17 | $1.10B | 177 | 0001420506-25-002864 |