LALINDEN ADVISORS LP

Institutional investor · Portfolio as of Q1 2026

SEC EDGAR SourceSEC Filings

Top Holdings563 positions

Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction
??LUMENTUM HLDGS INCDelisted
Bond
281.4M$1.5B8.4%
Decreased
0
??LUMENTUM HLDGS INCDelisted
Bond
93.6M$944.3M5.3%
Increased
62
??LUMENTUM HLDGS INCDelisted
Bond
84.3M$595.4M3.3%
Decreased
0
??CENTRUS ENERGY CORPDelisted
Bond
239.9M$488.6M2.7%
Unchanged
0
??APPLIED DIGITAL CORPDelisted
Bond
130.5M$346.5M1.9%
Increased
49
??MKS INC.Delisted
Bond
198.9M$329.8M1.8%
Decreased
0
83.5M$281.2M1.6%
Increased
49
275.6M$275.9M1.5%
New
70
??BRIDGEBIO PHARMA INCDelisted
Bond
239M$268.5M1.5%
Increased
54
249.4M$257.9M1.4%
Unchanged
0
??STRATEGY INCDelisted
Bond
293.1M$244.7M1.4%
Increased
66
253.8M$243.7M1.4%
New
70
??AFFIRM HLDGS INCDelisted
Bond
259.6M$242.7M1.4%
Increased
49
193.8M$242.4M1.4%
Increased
50
236.6M$227.5M1.3%
Increased
55
??CELCUITY INCDelisted
Bond
92.7M$226.4M1.3%
Decreased
0
??BRIDGEBIO PHARMA INCDelisted
Bond
132.7M$225.4M1.3%
New
70
??STRATEGY INCDelisted
Bond
182.4M$210.2M1.2%
Decreased
0
??SUNRUN INCDelisted
Bond
172.6M$205.8M1.2%
Increased
54
??ASCENDIS PHARMA A/SDelisted
Bond
139.6M$205.5M1.2%
Increased
49
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$17.9B
AUM
563
Positions
Q1 2026
Filing
Rating · 2.0
Quarterly Portfolio Change
+15%Q4'24$12.1B+22%Q1'25$14.7B+10%Q2'25$16.3B-8%Q3'25$15B+8%Q4'25$16.2B+10%Q1'26$17.9B
Activity profile
$ moved · Q1'26
New32%Increased19%Decreased27%Exited23%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 3.5 quarters
<1Q21%1-4Q45%1-2Y17%2Y+17%

LINDEN ADVISORS LP manages $17.9B across 563 positions as of Q1 2026. Top holdings: LUMENTUM HLDGS INC (8.4%), LUMENTUM HLDGS INC (5.3%), LUMENTUM HLDGS INC (3.3%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2/5.0.

Q1 2026 Summary

Active quarter - 121 new positions, 69 exits, 55 increased. No standout high-conviction moves this quarter. Portfolio: $17.9B across 563 positions.

Top holdings by portfolio weight

Total AUM$18B
LUMENTUM HLD8.43%
LUMENTUM HLD5.29%
LUMENTUM HLD3.33%
CENTRUS ENER2.74%
APPLIED DIGI1.94%
MKS INC.1.85%
SPHERE ENTER1.57%
UNITY SOFTWA1.54%
BRIDGEBIO PH1.50%
LIBERTY MEDI1.44%
Other1.37%

Portfolio allocation by GICS sector

Sectors6
Financial Services77.25%
Unknown20.51%
Energy1.70%
Consumer Cyclical0.29%
Utilities0.20%
Communication Services0.05%

Behavioral investing profile

7-dimension quality assessment
Below Average(2.0 / 5.0)
Track Record64
Conviction30
Concentration45
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Similar Funds

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Accumulation Streaks

Positions with 2+ consecutive quarters of increases - persistent directional conviction.

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6Q
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4Q
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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