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Zazove Associates LLC Top Holdings and 13F Report (2025)

About Zazove Associates LLC

Investment Activity

  • Zazove Associates LLC has $1.04 billion in total holdings as of December 31, 2024.
  • Zazove Associates LLC owns shares of 132 different stocks, but just 29 companies or ETFs make up 80% of its holdings.
  • Approximately 24.97% of the portfolio was purchased this quarter.
  • About 13.52% of the portfolio was sold this quarter.
  • This quarter, Zazove Associates LLC has purchased 128 new stocks and bought additional shares in 25 stocks.
  • Zazove Associates LLC sold shares of 27 stocks and completely divested from 16 stocks this quarter.

Largest Holdings

VENTAS RLTY LTD PARTNERSHIP
$72,191,511
BOFA FIN LLC
$58,963,583
AMERICAN WTR CAP CORP
$48,645,804
DUKE ENERGY CORP NEW
$48,543,525
AKAMAI TECHNOLOGIES INC
$47,249,626

Largest New Holdings this Quarter

TETRA TECH INC NEW
$41,938,583 Holding
REPLIGEN CORP
$29,461,851 Holding
EVERGY INC
$24,432,065 Holding
PG&E CORP
$22,959,598 Holding
UBER TECHNOLOGIES INC
$19,389,813 Holding

Largest Purchases this Quarter

TETRA TECH INC NEW
35,784,000 shares (about $41.94M)
REPLIGEN CORP
28,715,000 shares (about $29.46M)
EVERGY INC
22,445,000 shares (about $24.43M)
PG&E CORP
21,100,000 shares (about $22.96M)
UBER TECHNOLOGIES INC
17,570,000 shares (about $19.39M)

Largest Sales this Quarter

AMERICAN WTR CAP CORP
15,400,000 shares (about $15.22M)
MIDDLEBY CORP
13,250,000 shares (about $14.84M)
SSR MINING IN
15,050,000 shares (about $14.49M)
LIBERTY MEDIA CORP DEL
11,423,000 shares (about $11.84M)
NUTANIX INC
8,690,000 shares (about $10.52M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofZazove Associates LLC

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
VENTAS RLTY LTD PARTNERSHIP
$72,191,511$79,719 ▲0.1%63,390,0007.0%NOTE 3.750% 6/0
BOFA FIN LLC
$58,963,583$214,778 ▲0.4%57,652,0005.7%MTNF 0.600% 5/2
AMERICAN WTR CAP CORP
$48,645,804$15,218,799 ▼-23.8%49,225,0004.7%NOTE 3.625% 6/1
DUKE ENERGY CORP NEW
$48,543,525$6,056,392 ▲14.3%47,290,0004.7%NOTE 4.125% 4/1
AKAMAI TECHNOLOGIES INC
$47,249,626$14,005,787 ▲42.1%48,367,0004.5%NOTE 1.125% 2/1
PPL CAP FDG INC
$44,395,687$2,768,202 ▼-5.9%42,500,0004.3%NOTE 2.875% 3/1
FORD MTR CO
$42,954,489$232,396 ▼-0.5%44,360,0004.1%NOTE 3/1
TETRA TECH INC NEW
$41,938,583$41,938,583 ▲New Holding35,784,0004.0%DBCV 2.250% 8/1
MGP INGREDIENTS INC NEW
$38,891,283$701,809 ▼-1.8%42,116,0003.7%NOTE 1.875%11/1
LIBERTY MEDIA CORP DEL
$37,044,372$11,842,878 ▼-24.2%35,731,0003.6%NOTE 3.750% 3/1
SPOTIFY USA INC
$33,317,807$13,847,747 ▲71.1%31,230,0003.2%NOTE 3/1
REPLIGEN CORP
$29,461,851$29,461,851 ▲New Holding28,715,0002.8%NOTE 1.000%12/1
TYLER TEX INDPT SCH DIST
$29,376,881$1,798,932 ▲6.5%24,185,0002.8%NOTE 0.250% 3/1
EVERGY INC
$24,432,065$24,432,065 ▲New Holding22,445,0002.4%NOTE 4.500%12/1
ADVANCED ENERGY INDS
$23,395,788$578,482 ▲2.5%21,435,0002.3%NOTE 2.500% 9/1
PG&E CORP
$22,959,598$22,959,598 ▲New Holding21,100,0002.2%NOTE 4.250%12/0
NUTANIX INC
$21,990,003$10,516,958 ▼-32.4%18,170,0002.1%NOTE 0.250%10/0
UBER TECHNOLOGIES INC
$19,389,813$19,389,813 ▲New Holding17,570,0001.9%NOTE 0.875%12/0
BRAEMAR HOTELS & RESORTS INC
$17,142,3000.0%18,140,0001.7%NOTE 4.500% 6/0
ASCENDIS PHARMA A/S
$16,851,647$2,444,427 ▲17.0%15,270,0001.6%NOTE 2.250% 4/0
EXPEDIA GROUP INC
$16,194,598$15,988,836 ▲7,770.5%16,292,0001.6%NOTE 2/1
SOUTHERN CO
$16,015,390$210,729 ▲1.3%15,200,0001.5%NOTE 3.875%12/1
UBER TECHNOLOGIES INC
$14,922,639$7,552,311 ▼-33.6%14,760,0001.4%NOTE 12/1
EQUINOX GOLD CORP
$13,866,372$2,526,463 ▲22.3%12,596,0001.3%NOTE 4.750%10/1
ALNYLAM PHARMACEUTICALS INC
$13,027,219$13,027,219 ▲New Holding12,200,0001.3%NOTE 1.000% 9/1
ENOVIS CORPORATION
$12,016,438$12,016,438 ▲New Holding11,315,0001.2%NOTE 3.875%10/1
NCL CORP LTD
$11,431,945$8,831,412 ▲339.6%10,990,0001.1%NOTE 1.125% 2/1
BROOKDALE SR LIVING INC
$10,014,9050.0%10,730,0001.0%NOTE 2.000%10/1
AMERICAN AIRLINES GROUP INC
$9,713,938$2,128,762 ▼-18.0%8,305,0000.9%NOTE 6.500% 7/0
PENN ENTERTAINMENT INC
$9,620,447$1,566,759 ▲19.5%8,750,0000.9%NOTE 2.750% 5/1
VAREX IMAGING CORP
$8,965,614$3,065,338 ▼-25.5%8,950,0000.9%NOTE 4.000% 6/0
INTERDIGITAL INC
$8,823,6380.0%3,500,0000.8%NOTE 3.500% 6/0
Kayne Anderson Energy Infrastructure Fund, Inc. stock logo
KYN
Kayne Anderson Energy Infrastructure Fund
$8,603,9460.0%676,9430.8%Financial Services
CONMED CORP
$8,554,922$450,993 ▼-5.0%9,200,0000.8%NOTE 2.250% 6/1
SHIFT4 PMTS INC
$7,808,561$7,808,561 ▲New Holding7,200,0000.8%NOTE 0.500% 8/0
SAREPTA THERAPEUTICS INC
$6,626,574$6,626,574 ▲New Holding6,000,0000.6%NOTE 1.250% 9/1
NORTHERN OIL & GAS INC
$6,534,148$340,504 ▼-5.0%5,565,0000.6%NOTE 3.625% 4/1
Braemar Hotels & Resorts stock logo
BHR
Braemar Hotels & Resorts
$6,266,058$38,475 ▼-0.6%2,088,6860.6%Finance
CVR Partners, LP stock logo
UAN
CVR Partners
$5,902,0920.0%77,7000.6%Basic Materials
Granite Ridge Resources, Inc. stock logo
GRNT
Granite Ridge Resources
$5,901,294$119,781 ▼-2.0%913,5130.6%Oils/Energy
Westrock Coffee stock logo
WEST
Westrock Coffee
$5,605,167$80,314 ▼-1.4%873,0790.5%Consumer Staples
Rumble Inc. stock logo
RUMBW
Rumble
$5,433,508$232,070 ▼-4.1%1,070,6420.5%Computer and Technology
WESTERN DIGITAL CORP
$5,307,143$5,307,143 ▲New Holding4,000,0000.5%NOTE 3.000%11/1
CMS ENERGY CORP
$5,167,0970.0%4,975,0000.5%NOTE 3.375% 5/0
ALLIANT ENERGY CORP
$5,140,7810.0%5,000,0000.5%NOTE 3.875% 3/1
NET POWER INC
$5,021,812$220,417 ▲4.6%1,416,5900.5%*W EXP 06/08/202
Vanguard Ultra-Short Bond ETF stock logo
VUSB
Vanguard Ultra-Short Bond ETF
$4,962,0000.0%100,0000.5%ETF
JAZZ INVESTMENTS I LTD
$4,372,625$3,003,009 ▼-40.7%4,310,0000.4%NOTE 2.000% 6/1
BLOOM ENERGY CORP
$4,173,5960.0%3,000,0000.4%NOTE 3.000% 6/0
Urban One, Inc. stock logo
UONEK
Urban One
$4,138,182$509,354 ▲14.0%4,158,9770.4%Consumer Discretionary
DATADOG INC
$3,881,218$574,420 ▼-12.9%2,500,0000.4%NOTE 0.125% 6/1
LANTHEUS HLDGS INC
$3,340,2580.0%2,500,0000.3%NOTE 2.625%12/1
RIVIAN AUTOMOTIVE INC
$3,158,6120.0%3,000,0000.3%NOTE 4.625% 3/1
FLUOR CORP
$3,139,4240.0%2,490,0000.3%NOTE 1.125% 8/1
TRANSMEDICS GROUP INC
$2,575,753$607,878 ▲30.9%2,500,0000.2%NOTE 1.500% 6/0
PEABODY ENGR CORP
$2,539,5300.0%2,000,0000.2%NOTE 3.250% 3/0
LIBERTY MEDIA CORP DEL
$2,531,162$489,113 ▲24.0%2,070,0000.2%NOTE 2.250% 8/1
Clear Channel Outdoor Holdings, Inc. stock logo
CCO
Clear Channel Outdoor
$2,524,6020.0%1,842,7750.2%Business Services
AIR TRANS SVCS GROUP INC
$2,513,258$1,490,074 ▼-37.2%2,530,0000.2%NOTE 3.875% 8/1
PAGERDUTY INC
$2,409,3950.0%2,500,0000.2%NOTE 1.250% 7/0
ON SEMICONDUCTOR CORP
$2,359,882$471,976 ▲25.0%2,500,0000.2%NOTE 0.500% 3/0
POST HLDGS INC
$2,349,6760.0%2,000,0000.2%NOTE 2.500% 8/1
SUMMIT HOTEL PPTYS
$2,114,739$989,011 ▼-31.9%2,181,0000.2%NOTE 1.500% 2/1
COINBASE GLOBAL INC
$2,104,309$2,104,309 ▲New Holding2,000,0000.2%NOTE 0.500% 6/0
ALTAIR ENGR INC
$1,947,2990.0%1,250,0000.2%NOTE 1.750% 6/1
SunOpta Inc. stock logo
STKL
SunOpta
$1,832,207$92,793 ▼-4.8%237,9490.2%Consumer Staples
INTEGER HLDGS CORP
$1,823,4020.0%1,140,0000.2%NOTE 2.125% 2/1
CONFLUENT INC
$1,800,5780.0%2,000,0000.2%NOTE 1/1
The GDL Fund stock logo
GDL
The GDL Fund
$1,608,1860.0%200,5220.2%Financial Services
PCTTW
PureCycle Technologies
$1,309,920$37,296 ▲2.9%389,8570.1%Industrials
SEA LTD
$1,105,126$1,016,208 ▼-47.9%870,0000.1%NOTE 2.375%12/0
ITRON INC
$1,039,078$1,039,078 ▲New Holding1,000,0000.1%NOTE 3/1
Cumulus Media Inc. stock logo
CMLS
Cumulus Media
$1,024,047$46,900 ▲4.8%1,528,4280.1%Consumer Discretionary
Osisko Development Corp. stock logo
ODV
Osisko Development
$966,365$23,293 ▼-2.4%592,8620.1%Basic Materials
TH International Limited stock logo
THCH
TH International
$942,277$35,013 ▼-3.6%1,327,1510.1%Retail/Wholesale
Intuitive Machines, Inc. stock logo
LUNRW
Intuitive Machines
$926,890$78,550 ▲9.3%118,0000.1%Industrials
SSR MINING IN
$784,506$14,486,890 ▼-94.9%815,0000.1%NOTE 2.500% 4/0
CUTERA INC
$736,5900.0%7,775,0000.1%NOTE 4.000% 6/0
Urban One, Inc. stock logo
UONE
Urban One
$710,735$150,989 ▼-17.5%461,5160.1%Consumer Discretionary
CUTERA INC
$690,0900.0%7,140,0000.1%NOTE 2.250% 6/0
RINGCENTRAL INC
$547,8920.0%589,0000.1%NOTE 3/1
The Beauty Health Company stock logo
SKIN
Beauty Health
$544,4220.0%342,4040.1%Medical
Gold Royalty Corp. stock logo
GROY
Gold Royalty
$533,610$242,000 ▲83.0%441,0000.1%Basic Materials
Capri Holdings Limited stock logo
CPRI
Capri
$526,500$526,500 ▲New Holding25,0000.1%Retail/Wholesale
AST SpaceMobile, Inc. stock logo
ASTS
AST SpaceMobile
$426,2200.0%20,2000.0%Computer and Technology
MIDDLEBY CORP
$392,027$14,841,022 ▼-97.4%350,0000.0%NOTE 1.000% 9/0
PACIRA BIOSCIENCES INC
$388,2810.0%400,0000.0%NOTE 0.750% 8/0
FIVE9 INC
$386,1570.0%395,0000.0%NOTE 0.500% 6/0
SNAP INC
$376,8120.0%460,0000.0%NOTE 0.125% 3/0
PENNYMAC CORP
$375,1500.0%382,0000.0%NOTE 5.500% 3/1
SOLAREDGE TECHNOLOGIES INC
$374,4910.0%400,0000.0%NOTE 9/1
ZIFF DAVIS INC
$369,8220.0%394,0000.0%NOTE 1.750%11/0
GROUPON INC
$367,972$367,972 ▲New Holding400,0000.0%NOTE 1.125% 3/1
OIL STS INTL INC
$367,967$367,967 ▲New Holding375,0000.0%NOTE 4.750% 4/0
ESPERION THERAPEUTICS INC NE
$363,0520.0%375,0000.0%NOTE 4.000%11/1
HAEMONETICS CORP MASS
$359,9490.0%382,0000.0%NOTE 3/0
PSQ HOLDINGS INC
$347,559$137,826 ▲65.7%448,4920.0%*W EXP 99/99/999
CRACKER BARREL OLD CTRY STOR
$332,6180.0%354,0000.0%NOTE 0.625% 6/1
CABLE ONE INC
$327,6690.0%353,0000.0%NOTE 3/1
BLOCK INC
$324,8880.0%349,0000.0%NOTE 5/0

Showing largest 100 holdings. View all holdings.
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