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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 14 of 24  ·  472 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
261 PELICAN ACQUISITION CORP 370,000.0 $3.8M 0.02% $10.17
262 SOCIAL COMMERCE PARTNERS COR 375,000.0 $3.8M 0.02% NEW $10.00
263 DAAQ DIGITAL ASSET ACQUISITI CL A Financial Services 311,840.0 $3.2M 0.02% $10.20 +1.0%
264 EVOLENT HEALTH INC 4.5 08/15/2031 144A 4,500,000.0 $3.2M 0.02% $0.71
265 FACT II ACQUISITION CORP 300,000.0 $3.1M 0.02% $10.42
266 RAAQ REAL ASSET ACQUISITI CLASS A Financial Services 300,000.0 $3.1M 0.02% $10.20 +8.8%
267 GREEN PLAINS INC 2.25 03/15/2027 3,103,000.0 $3.0M 0.02% -23.7M -88.4% $0.96
268 OPKO HEALTH INC 3.75 01/15/2029 2,235,000.0 $3.0M 0.02% $1.32
269 REPLIGEN CORP 1 12/15/2028 2,653,000.0 $2.9M 0.02% -11.0M -80.6% $1.10
270 D BORAL ARC ACQUISIT CL A 275,000.0 $2.8M 0.02% $10.03
271 KODIAK AI INC W EXP 09/25/203 1,755,761.0 $2.7M 0.02% $1.52
272 GIGCAPITAL7 CORP A 250,000.0 $2.6M 0.02% NEW $10.54
273 TAVIA ACQUISITION CORP 250,000.0 $2.6M 0.02% $10.44
274 RICE ACQUISITION CORP 3 A 250,000.0 $2.6M 0.02% NEW $10.30
275 KYIV KYIVSTAR GROUP LTD ORD SHS Communication Services 217,932.0 $2.5M 0.02% -30K -12.3% $11.68 +14.6%
276 BLUEPORT ACQUISITION LTD 250,000.0 $2.5M 0.01% NEW $10.05
277 AA MISSION ACQUISITION A 250,000.0 $2.5M 0.01% NEW $9.96
278 HAVA HARVARD AVE ACQUISITION CL A Financial Services 250,000.0 $2.5M 0.01% NEW $9.95 +1.2%
279 CROWN RESERVE ACQUISITI CL A 250,000.0 $2.5M 0.01% NEW $9.94
280 MMTX MILUNA ACQUISITION CL A Financial Services 250,000.0 $2.5M 0.01% NEW $9.91 +1.5%
Page 14 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%