ABSOLUTE INVESTMENT ADVISERS, LLC

Filed: 1/24/2025ACC: 0001062993-25-001060

📋 What this filing means

ABSOLUTE INVESTMENT ADVISERS, LLC filed this quarterly 13F‑HR report disclosing 121 equity positions with a total reported market value of $777.48M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

121

Positions

$777.48M

Total AUM (reported)

611.23M

Total Shares

Allocation by class

COM$72.72M9.4%

NOTE 1.125% 8/1$30.61M3.9%

NOTE 0.500%12/1$25.15M3.2%

NOTE 1/1$21.17M2.7%

NOTE 2.125% 2/1$20.77M2.7%

NOTE 0.500% 4/0$20.61M2.7%

NOTE 3.750% 5/1$17.63M2.3%

Portfolio Concentration

Top 3$56.00M7.2%

4–10$105.28M13.5%

11–25$178.58M23.0%

Rest$437.62M56.3%

Top 3 weight

7.2%

Top 10 weight

20.7%

Voting Authority Distribution

Total shares with voting rights: 611.23M

Sole

Full voting authority

611.23M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole121

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings121

Rows:

INTEGER HLDGS CORP

SOLE

NOTE 2.125% 2/1

Shares13M

TypeSH

Market value$20.77M

2.67%

Sole

13M

Shared

0.00

None

0.00

GRANITE CONSTR INC

SOLE

NOTE 3.750% 5/1

Shares9M

TypeSH

Market value$17.63M

2.27%

Sole

Shared

0.00

None

0.00

FLUOR CORP

SOLE

NOTE 1.125% 8/1

Shares14M

TypeSH

Market value$17.60M

2.26%

Sole

14M

Shared

0.00

None

0.00

INTERDIGITAL INC

SOLE

NOTE 3.500% 6/0

Shares6.83M

TypeSH

Market value$17.15M

2.21%

Sole

6.83M

Shared

0.00

None

0.00

TETRA TECH INC NEW

SOLE

DBCV 2.250% 8/1

Shares13.48M

TypeSH

Market value$15.81M

2.03%

Sole

13.48M

Shared

0.00

None

0.00

GREENBRIER COS INC

SOLE

NOTE 2.875% 4/1

Shares12.79M

TypeSH

Market value$15.46M

1.99%

Sole

12.79M

Shared

0.00

None

0.00

PATRICK INDS INC

SOLE

NOTE 1.750%12/0

Shares10.95M

TypeSH

Market value$14.94M

1.92%

Sole

10.95M

Shared

0.00

None

0.00

SEMTECH CORP

SOLE

NOTE 1.625%11/0

Shares8M

TypeSH

Market value$14.18M

1.82%

Sole

Shared

0.00

None

0.00

LANTHEUS HLDGS INC

SOLE

NOTE 2.625%12/1

Shares10.58M

TypeSH

Market value$14.09M

1.81%

Sole

10.58M

Shared

0.00

None

0.00

LIVE NATION ENTERTAINMENT IN

SOLE

NOTE 3.125% 1/1

Shares10M

TypeSH

Market value$13.65M

1.76%

Sole

10M

Shared

0.00

None

0.00

ADVANCED ENERGY INDS

SOLE

NOTE 2.500% 9/1

Shares12M

TypeSH

Market value$13.08M

1.68%

Sole

12M

Shared

0.00

None

0.00

AXON ENTERPRISE INC

SOLE

NOTE 0.500%12/1

Shares5M

TypeSH

Market value$13.05M

1.68%

Sole

Shared

0.00

None

0.00

WORKIVA INC

SOLE

NOTE 1.125% 8/1

Shares9.18M

TypeSH

Market value$13.00M

1.67%

Sole

9.18M

Shared

0.00

None

0.00

HALOZYME THERAPEUTICS INC

SOLE

NOTE 1.000% 8/1

Shares12M

TypeSH

Market value$12.97M

1.67%

Sole

12M

Shared

0.00

None

0.00

ORMAT TECHNOLOGIES INC

SOLE

NOTE 2.500% 7/1

Shares13M

TypeSH

Market value$12.75M

1.64%

Sole

13M

Shared

0.00

None

0.00

ALTAIR ENGR INC

SOLE

NOTE 1.750% 6/1

Shares8.04M

TypeSH

Market value$12.49M

1.61%

Sole

8.04M

Shared

0.00

None

0.00

ENOVIS CORPORATION

SOLE

NOTE 3.875%10/1

Shares11.50M

TypeSH

Market value$12.17M

1.57%

Sole

11.50M

Shared

0.00

None

0.00

LUMENTUM HLDGS INC

SOLE

NOTE 0.500%12/1

Shares11M

TypeSH

Market value$12.10M

1.56%

Sole

11M

Shared

0.00

None

0.00

ON SEMICONDUCTOR CORP

SOLE

NOTE 0.500% 3/0

Shares12.17M

TypeSH

Market value$11.49M

1.48%

Sole

12.17M

Shared

0.00

None

0.00

DROPBOX INC

SOLE

NOTE 3/0

Shares11.50M

TypeSH

Market value$11.40M

1.47%

Sole

11.50M

Shared

0.00

None

0.00

BENTLEY SYS INC

SOLE

NOTE 0.375% 7/0

Shares12.50M

TypeSH

Market value$11.25M

1.45%

Sole

12.50M

Shared

0.00

None

0.00

EXACT SCIENCES CORP

SOLE

NOTE 0.375% 3/1

Shares11.72M

TypeSH

Market value$10.86M

1.40%

Sole

11.72M

Shared

0.00

None

0.00

PAGERDUTY INC

SOLE

NOTE 1.500%10/1

Shares11M

TypeSH

Market value$10.75M

1.38%

Sole

11M

Shared

0.00

None

0.00

ITRON INC

SOLE

NOTE 3/1

Shares10.25M

TypeSH

Market value$10.61M

1.36%

Sole

10.25M

Shared

0.00

None

0.00

IMAX CORP

SOLE

NOTE 0.500% 4/0

Shares10M

TypeSH

Market value$10.60M

1.36%

Sole

10M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
INTEGER HLDGS CORPSOLE	NOTE 2.125% 2/1	13M	SH	$20.77M 2.67%	13M
GRANITE CONSTR INCSOLE	NOTE 3.750% 5/1	9M	SH	$17.63M 2.27%	9M
FLUOR CORPSOLE	NOTE 1.125% 8/1	14M	SH	$17.60M 2.26%	14M
INTERDIGITAL INCSOLE	NOTE 3.500% 6/0	6.83M	SH	$17.15M 2.21%	6.83M
TETRA TECH INC NEWSOLE	DBCV 2.250% 8/1	13.48M	SH	$15.81M 2.03%	13.48M
GREENBRIER COS INCSOLE	NOTE 2.875% 4/1	12.79M	SH	$15.46M 1.99%	12.79M
PATRICK INDS INCSOLE	NOTE 1.750%12/0	10.95M	SH	$14.94M 1.92%	10.95M
SEMTECH CORPSOLE	NOTE 1.625%11/0	8M	SH	$14.18M 1.82%	8M
LANTHEUS HLDGS INCSOLE	NOTE 2.625%12/1	10.58M	SH	$14.09M 1.81%	10.58M
LIVE NATION ENTERTAINMENT INSOLE	NOTE 3.125% 1/1	10M	SH	$13.65M 1.76%	10M
ADVANCED ENERGY INDSSOLE	NOTE 2.500% 9/1	12M	SH	$13.08M 1.68%	12M
AXON ENTERPRISE INCSOLE	NOTE 0.500%12/1	5M	SH	$13.05M 1.68%	5M
WORKIVA INCSOLE	NOTE 1.125% 8/1	9.18M	SH	$13.00M 1.67%	9.18M
HALOZYME THERAPEUTICS INCSOLE	NOTE 1.000% 8/1	12M	SH	$12.97M 1.67%	12M
ORMAT TECHNOLOGIES INCSOLE	NOTE 2.500% 7/1	13M	SH	$12.75M 1.64%	13M
ALTAIR ENGR INCSOLE	NOTE 1.750% 6/1	8.04M	SH	$12.49M 1.61%	8.04M
ENOVIS CORPORATIONSOLE	NOTE 3.875%10/1	11.50M	SH	$12.17M 1.57%	11.50M
LUMENTUM HLDGS INCSOLE	NOTE 0.500%12/1	11M	SH	$12.10M 1.56%	11M
ON SEMICONDUCTOR CORPSOLE	NOTE 0.500% 3/0	12.17M	SH	$11.49M 1.48%	12.17M
DROPBOX INCSOLE	NOTE 3/0	11.50M	SH	$11.40M 1.47%	11.50M
BENTLEY SYS INCSOLE	NOTE 0.375% 7/0	12.50M	SH	$11.25M 1.45%	12.50M
EXACT SCIENCES CORPSOLE	NOTE 0.375% 3/1	11.72M	SH	$10.86M 1.40%	11.72M
PAGERDUTY INCSOLE	NOTE 1.500%10/1	11M	SH	$10.75M 1.38%	11M
ITRON INCSOLE	NOTE 3/1	10.25M	SH	$10.61M 1.36%	10.25M
IMAX CORPSOLE	NOTE 0.500% 4/0	10M	SH	$10.60M 1.36%	10M

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