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Portfolio (Quarterly) Guide ↗

Linden Advisors LP

· CIK 0001279396
13F Portfolio $16.2B AUM 472 positions Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 137 New 47 Added 39 Reduced 72 Exited
Page 10 of 24  ·  472 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
181 PIONEER ACQUISITION I CL A 1,000,000.0 $10.1M 0.06% $10.06
182 ALDF ALDEL FINANCIAL II INC Financial Services 950,000.0 $10.0M 0.06% $10.51 +1.0%
183 INVEST GREEN ACQUISITIO CL A 1,000,000.0 $9.8M 0.06% NEW $9.84
184 AEXA AMERICAN EXCEPTIONALISM CL A Financial Services 850,000.0 $9.7M 0.06% $11.39 +2.7%
185 PROCAP ACQUISITION CORP A 950,000.0 $9.6M 0.06% $10.13
186 VINE HILL CAPITAL CLASS A 888,000.0 $9.6M 0.06% $10.77
187 LWAC LIGHTWAVE ACQUISITION CORP A Financial Services 950,000.0 $9.5M 0.06% $10.05 +1.5%
188 NEWBURY STREET II AC CLASS A 900,000.0 $9.4M 0.06% $10.46
189 BLUE WATER ACQUISITION C A 900,000.0 $9.3M 0.06% $10.32
190 MLAC MOUNTAIN LAKE ACQUISITION A Financial Services 875,000.0 $9.1M 0.06% $10.40 +2.0%
191 IPEX INFLECTION POINT ACQUISITION Financial Services 875,716.0 $9.0M 0.06% +76K +9.5% $10.26 +1.9%
192 TWELVE SEAS INVESTMENT CO II 900,000.0 $9.0M 0.06% NEW $9.95
193 SILVER PEGASUS ACQUISITION A 850,000.0 $8.6M 0.05% $10.09
194 GP ACT III ACQUISITION A 797,584.0 $8.5M 0.05% $10.70
195 ETHM DYNAMIX CORP Financial Services 819,611.0 $8.4M 0.05% $10.29 +4.7%
196 APEX TREASURY CORP CL A 850,000.0 $8.4M 0.05% NEW $9.89
197 GLADSTONE CAPITAL CORP 5.875 10/01/2030 8,500,000.0 $8.3M 0.05% $0.98
198 SIDDHI ACQUISITION CORP A 800,000.0 $8.2M 0.05% $10.27
199 XRPN ARMADA ACQUISITION CLASS A Financial Services 800,000.0 $8.2M 0.05% $10.24 +1.9%
200 INFLECTION POINT ACQUISITION 750,000.0 $8.0M 0.05% $10.72
Page 10 of 24  ·  472 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 91.7%
Healthcare 7.6%
Communication Services 0.6%
Technology 0.1%