Top Institutional Investors

LINDEN ADVISORS LP — 13F Holdings & Portfolio

CIK 1279396 · latest 13F-HR filed 2026-08-14

Backtest portfolio

LINDEN ADVISORS LP manages $19.30B in 13F-reported U.S. long-equity assets across 638 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VSH (4.30%), MKSI (3.07%), SITM (3.06%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 168 new positions, exited 93, added to 204, and trimmed 77.

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.

Filer Information
Address
590 MADISON AVENUE, 32ND FLOOR
NEW YORK, NY 10022
Phone
(646) 840-3500
Filing Manager
Linden Advisors LP
New York, NY
Signatory
Vincent Leva
Chief Financial Officer
Loading holdings…
AUM

$19.30B

Long-equity book

Holdings

638

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+168 / −93 / ↑204 / ↓77

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • VISHAY INTERTECHNOLOGY 2.25 09/15/2030$602.0M +264.6%
  • GUARDANT HEALTH INC 1.25 02/15/2031$319.3M +163.9%
  • MKS INC 1.25 06/01/2030$263.5M +79.9%
  • PENGUIN SOLUTIONS INC 2 08/15/2030$243.7M +723.7%
  • VEECO INSTRUMENTS INC 2.875 06/01/2029$194.9M +161.9%
Show all 204 →

Top Trims

  • LUMENTUM HOLDINGS INC 0.5 06/15/2028-$1.51B -100.0%
  • LUMENTUM HOLDINGS INC 1.5 12/15/2029-$932.0M -98.7%
  • STRATEGY INC NOTE 12/0-$230.8M -94.3%
  • BILL HOLDINGS INC 0 04/01/2030 144A-$170.1M -85.4%
  • LIBERTY MEDIA CORP 3.75 03/15/2028-$116.2M -45.0%
Show all 77 →

New Positions

  • SITIME 0 06/15/2031$590.9M
  • SUPER MICRO COMPUTER INC 0 06/15/2030$250.9M
  • RUBRIK INC 0 06/15/2030 144A$222.5M
  • IREN LTD 3.5 12/15/2029$218.3M
  • MAKEMYTRIP LIMITED 0 07/01/2030 144A$215.4M
Show all 168 →

Exited Positions

  • LUMENTUM HOLDINGS INC 0.5 12/15/2026$595.4M
  • BRIDGEBIO PHARMA INC 1.75 03/01/2031 144A$225.4M
  • ASCENDIS PHARMA A/S 2.25 04/01/2028$205.5M
  • JAZZ INVESTMENTS I LTD 3.125 09/15/2030$163.7M
  • CONMED CORP 2.25 06/15/2027$135.2M
Show all 93 →
All Holdings

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 VISHAY INTERTECHNOLOGY 2.25 09/15/2030 VSH 928298AR9 $829.5M 4.30% 418,051,000 PRN
2 MKS INC 1.25 06/01/2030 MKSI 55306NAB0 $593.3M 3.07% 201,344,000 PRN
3 SITIME 0 06/15/2031 SITM 82982TAA4 $590.9M 3.06% 533,750,000 PRN
4 GUARDANT HEALTH INC 1.25 02/15/2031 GH 40131MAD1 $514.2M 2.66% 204,330,000 PRN
5 CENTRUS ENERGY CORP 2.25 11/01/2030 LEU 15643UAE4 $444.5M 2.30% 224,030,000 PRN
6 APPLIED DIGITAL CORP 2.75 06/01/2030 APLD 038169AB4 $395.7M 2.05% 99,466,000 PRN
7 SOLARIS ENERGY INFRASTRU 0.25 10/01/2031 SEI 83419XAB4 $367.4M 1.90% 225,826,000 PRN
8 SPHERE ENTERTAINMENT CO 3.5 12/01/2028 SPHR 55826TAB8 $350.6M 1.82% 71,452,000 PRN
9 VEECO INSTRUMENTS INC 2.875 06/01/2029 VECO 922417AJ9 $315.3M 1.63% 118,207,000 PRN
10 SOLAR EDGE TECHNOLOGIES 2.25 07/01/2029 SEDG 83417MAE4 $299.3M 1.55% 155,448,000 PRN
11 PENGUIN SOLUTIONS INC 2 08/15/2030 PENG 83205YAE4 $277.4M 1.44% 97,869,000 PRN
12 UNITY SOFTWARE INC 0 03/15/2030 U 91332UAH4 $273.4M 1.42% 241,357,000 PRN
13 BRIDGEBIO PHARMA INC 2.25 02/01/2029 BBIO 10806XAD4 $266.3M 1.38% 239,677,000 PRN
14 RIOT PLATFORMS INC 0.75 01/15/2030 144A RIOT 767292AB1 $266.0M 1.38% 132,098,000 PRN
15 CLEANSPARK INC 0 06/15/2030 144A CLSK 18452BAC4 $258.2M 1.34% 197,811,000 PRN
16 CELCUITY INC 2.75 08/01/2031 CELC 15102KAA8 $254.5M 1.32% 112,901,000 PRN
17 SUPER MICRO COMPUTER INC 0 06/15/2030 SMCI 86800UAF1 $250.9M 1.30% 281,828,000 PRN
18 CIPHER DIGITAL INC NOTE 1.750 5/1 CIFR 17253JAA4 $247.3M 1.28% 44,000,000 PRN
19 AFFIRM HOLDINGS INC 0.75 12/15/2029 AFRM 00827BAD8 $246.2M 1.28% 210,913,000 PRN
20 INTEGER HOLDINGS CORP 1.875 03/15/2030 144A USFD 45826HAD1 $245.8M 1.27% 254,156,000 PRN
21 PELOTON INTERACTIVE INC 5.5 12/01/2029 PTON 70614WAD2 $225.6M 1.17% 139,290,000 PRN
22 RUBRIK INC 0 06/15/2030 144A RBRK 781154AD1 $222.5M 1.15% 217,638,000 PRN
23 SUNRUN INC 4 03/01/2030 144A RUN 86771WAD7 $220.8M 1.14% 185,934,000 PRN
24 IREN LTD 3.5 12/15/2029 IREN 46270CAD1 $218.3M 1.13% 61,688,000 PRN
25 SYNAPTICS INC 0.75 12/01/2031 SYNA 87157DAJ8 $217.3M 1.13% 146,238,000 PRN
26 MAKEMYTRIP LIMITED 0 07/01/2030 144A MMYT 56087FAD6 $215.4M 1.12% 236,590,000 PRN
27 GDS HOLDINGS LIMITED 2.25 06/01/2032 GDS 36165LAD0 $204.6M 1.06% 170,027,000 PRN
28 UPSTART HOLDINGS INC 2 10/01/2029 144A UPST 91680MAD9 $203.8M 1.06% 178,145,000 PRN
29 STRATEGY INC 0 03/01/2030 MHIFF 594972AU5 $195.4M 1.01% 220,225,000 PRN
30 STRATEGY INC NOTE 0.625 3/1 MHIFF 594972AJ0 $195.3M 1.01% 191,162,000 PRN
31 SOLARIS ENERGY INFRASTRU 4.75 05/01/2030 SEI 83419XAA6 $194.3M 1.01% 60,669,000 PRN
32 AEROVIRONMENT INC 0 07/15/2030 AVAV 008073AA6 $188.2M 0.97% 197,805,000 PRN
33 ECHOSTAR CORP 3.875 11/30/2030 ECHO 278768AB2 $183.2M 0.95% 58,517,000 PRN
34 SILVERCORP METALS INC 4.75 12/15/2029 144A SVM 82835PAB9 $181.7M 0.94% 74,768,000 PRN
35 HAEMONETICS CORP 2.5 06/01/2029 HAE 405024AD2 $179.2M 0.93% 176,911,000 PRN
36 COLLEGIUM PHARMA INC 2.875 02/15/2029 COLL 19459JAC8 $171.7M 0.89% 139,190,000 PRN
37 ON SEMICONDUCTOR CORP 0.5 03/01/2029 ON 682189AU9 $168.8M 0.87% 139,756,000 PRN
38 APPLIED OPTOELECTRONICS 2.75 01/15/2030 AAOI 03823UAF9 $165.5M 0.86% 46,791,000 PRN
39 BLACKBERRY LTD 3 02/15/2029 — 09228FAM5 $158.4M 0.82% 48,559,000 PRN
40 OSI SYSTEMS INC 2.25 08/01/2029 OSIS 671044AF2 $152.6M 0.79% 114,046,000 PRN
41 FASTLY INC 7.75 06/01/2028 — 31188VAD2 $152.0M 0.79% 104,710,000 PRN
42 IREN LTD 3.25 06/15/2030 IREN 46270CAB5 $150.0M 0.78% 52,057,000 PRN
43 XOMETRY INC 0.75 06/15/2030 XMTR 98423FAD1 $148.2M 0.77% 66,705,000 PRN
44 STRIDE INC 1.125 09/01/2027 LRN 86333MAA6 $141.9M 0.73% 83,952,000 PRN
45 LIBERTY MEDIA CORP 3.75 03/15/2028 FWONA 531229AP7 $141.7M 0.73% 123,419,000 PRN
46 PROGRESS SOFTWARE CORP 3.5 03/01/2030 PRGS 743312AD2 $132.5M 0.69% 137,866,000 PRN
47 STRATEGY INC NOTE 2.250 6/1 MHIFF 594972AN1 $126.1M 0.65% 131,263,000 PRN
48 JOBY AVIATION INC 0.75 02/15/2032 JOBY 47775AAA9 $124.0M 0.64% 135,948,000 PRN
49 PACIRA BIOSCIENCES INC 2.125 05/15/2029 PCRX 695127AJ9 $121.9M 0.63% 121,495,000 PRN
50 T1 ENERGY INC 5.25 12/01/2030 TE 35834FAB0 $121.4M 0.63% 71,650,000 PRN
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $19.30B 638 0001193125-26-350767
2026-03-31 2026-05-15 $17.86B 565 0001193125-26-225528
2025-12-31 2026-02-17 $16.24B 472 0001193125-26-053352
2025-09-30 2025-11-14 $15.00B 408 0001193125-25-281857