ABSOLUTE INVESTMENT ADVISERS, LLC

Filed: 10/20/2025ACC: 0001062993-25-016211

📋 What this filing means

ABSOLUTE INVESTMENT ADVISERS, LLC filed this quarterly 13F‑HR report disclosing 107 equity positions with a total reported market value of $796.30M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

107

Positions

$796.30M

Total AUM (reported)

647.90M

Total Shares

Allocation by class

COM$52.67M6.6%

NOTE 1.125% 8/1$23.53M3.0%

NOTE 1/1$23.16M2.9%

NOTE 3.250% 6/1$23.00M2.9%

NOTE 1.000% 8/1$19.68M2.5%

NOTE 1.750%12/0$17.79M2.2%

NOTE 1.625%11/0$17.68M2.2%

Portfolio Concentration

Top 3$60.47M7.6%

4–10$112.21M14.1%

11–25$185.46M23.3%

Rest$438.16M55.0%

Top 3 weight

7.6%

Top 10 weight

21.7%

Voting Authority Distribution

Total shares with voting rights: 647.90M

Sole

Full voting authority

647.90M

% 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)

Sole107

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings107

Rows:

GRANITE CONSTR INC

SOLE

NOTE 3.250% 6/1

Shares15M

TypeSH

Market value$23.00M

2.89%

Sole

15M

Shared

0.00

None

0.00

HALOZYME THERAPEUTICS INC

SOLE

NOTE 1.000% 8/1

Shares14M

TypeSH

Market value$19.68M

2.47%

Sole

14M

Shared

0.00

None

0.00

PATRICK INDS INC

SOLE

NOTE 1.750%12/0

Shares10.95M

TypeSH

Market value$17.79M

2.23%

Sole

10.95M

Shared

0.00

None

0.00

SEMTECH CORP

SOLE

NOTE 1.625%11/0

Shares9M

TypeSH

Market value$17.68M

2.22%

Sole

Shared

0.00

None

0.00

OSI SYSTEMS INC

SOLE

NOTE 2.250% 8/0

Shares11.98M

TypeSH

Market value$17.35M

2.18%

Sole

11.98M

Shared

0.00

None

0.00

FLUOR CORP

SOLE

NOTE 1.125% 8/1

Shares13.89M

TypeSH

Market value$16.48M

2.07%

Sole

13.89M

Shared

0.00

None

0.00

ANI PHARMACEUTICALS INC

SOLE

NOTE 2.250% 9/0

Shares11.47M

TypeSH

Market value$16.12M

2.02%

Sole

11.47M

Shared

0.00

None

0.00

TETRA TECH INC NEW

SOLE

DBCV 2.250% 8/1

Shares13.94M

TypeSH

Market value$15.01M

1.88%

Sole

13.94M

Shared

0.00

None

0.00

WAYFAIR INC

SOLE

NOTE 3.250% 9/1

Shares9.73M

TypeSH

Market value$14.79M

1.86%

Sole

9.73M

Shared

0.00

None

0.00

GREENBRIER COS INC

SOLE

NOTE 2.875% 4/1

Shares13.79M

TypeSH

Market value$14.77M

1.86%

Sole

13.79M

Shared

0.00

None

0.00

PIONEER FLOATING RATE FUND I

SOLE

COM

Shares1.42M

TypeSH

Market value$14.16M

1.78%

Sole

1.42M

Shared

0.00

None

0.00

ADVANCED ENERGY INDS

SOLE

NOTE 2.500% 9/1

Shares10M

TypeSH

Market value$13.81M

1.73%

Sole

10M

Shared

0.00

None

0.00

MKS INC.

SOLE

NOTE 1.250% 6/0

Shares12.27M

TypeSH

Market value$13.45M

1.69%

Sole

12.27M

Shared

0.00

None

0.00

AKAMAI TECHNOLOGIES INC

SOLE

NOTE 1.125% 2/1

Shares13.79M

TypeSH

Market value$12.96M

1.63%

Sole

13.79M

Shared

0.00

None

0.00

FIVERR INTL LTD

SOLE

NOTE 11/0

Shares13M

TypeSH

Market value$12.90M

1.62%

Sole

13M

Shared

0.00

None

0.00

BLACKLINE INC

SOLE

NOTE 1.000% 6/0

Shares12M

TypeSH

Market value$12.46M

1.56%

Sole

12M

Shared

0.00

None

0.00

FRESHPET INC

SOLE

NOTE 3.000% 4/0

Shares11M

TypeSH

Market value$12.39M

1.56%

Sole

11M

Shared

0.00

None

0.00

ON SEMICONDUCTOR CORP

SOLE

NOTE 0.500% 3/0

Shares13.17M

TypeSH

Market value$12.18M

1.53%

Sole

13.17M

Shared

0.00

None

0.00

WISDOMTREE INC

SOLE

NOTE 3.250% 8/1

Shares9.25M

TypeSH

Market value$12.09M

1.52%

Sole

9.25M

Shared

0.00

None

0.00

PROGRESS SOFTWARE CORP

SOLE

NOTE 3.500% 3/0

Shares12M

TypeSH

Market value$12.05M

1.51%

Sole

12M

Shared

0.00

None

0.00

BENTLEY SYS INC

SOLE

NOTE 0.375% 7/0

Shares12.50M

TypeSH

Market value$11.77M

1.48%

Sole

12.50M

Shared

0.00

None

0.00

CHEFS WHSE INC

SOLE

NOTE 2.375%12/1

Shares8M

TypeSH

Market value$11.59M

1.46%

Sole

Shared

0.00

None

0.00

PARSONS CORP DEL

SOLE

NOTE 2.625% 3/0

Shares10M

TypeSH

Market value$11.37M

1.43%

Sole

10M

Shared

0.00

None

0.00

ENCORE CAP GROUP INC

SOLE

NOTE 4.000% 3/1

Shares11.25M

TypeSH

Market value$11.15M

1.40%

Sole

11.25M

Shared

0.00

None

0.00

LANTHEUS HLDGS INC

SOLE

NOTE 2.625%12/1

Shares10.60M

TypeSH

Market value$11.13M

1.40%

Sole

10.60M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
GRANITE CONSTR INCSOLE	NOTE 3.250% 6/1	15M	SH	$23.00M 2.89%	15M
HALOZYME THERAPEUTICS INCSOLE	NOTE 1.000% 8/1	14M	SH	$19.68M 2.47%	14M
PATRICK INDS INCSOLE	NOTE 1.750%12/0	10.95M	SH	$17.79M 2.23%	10.95M
SEMTECH CORPSOLE	NOTE 1.625%11/0	9M	SH	$17.68M 2.22%	9M
OSI SYSTEMS INCSOLE	NOTE 2.250% 8/0	11.98M	SH	$17.35M 2.18%	11.98M
FLUOR CORPSOLE	NOTE 1.125% 8/1	13.89M	SH	$16.48M 2.07%	13.89M
ANI PHARMACEUTICALS INCSOLE	NOTE 2.250% 9/0	11.47M	SH	$16.12M 2.02%	11.47M
TETRA TECH INC NEWSOLE	DBCV 2.250% 8/1	13.94M	SH	$15.01M 1.88%	13.94M
WAYFAIR INCSOLE	NOTE 3.250% 9/1	9.73M	SH	$14.79M 1.86%	9.73M
GREENBRIER COS INCSOLE	NOTE 2.875% 4/1	13.79M	SH	$14.77M 1.86%	13.79M
PIONEER FLOATING RATE FUND ISOLE	COM	1.42M	SH	$14.16M 1.78%	1.42M
ADVANCED ENERGY INDSSOLE	NOTE 2.500% 9/1	10M	SH	$13.81M 1.73%	10M
MKS INC.SOLE	NOTE 1.250% 6/0	12.27M	SH	$13.45M 1.69%	12.27M
AKAMAI TECHNOLOGIES INCSOLE	NOTE 1.125% 2/1	13.79M	SH	$12.96M 1.63%	13.79M
FIVERR INTL LTDSOLE	NOTE 11/0	13M	SH	$12.90M 1.62%	13M
BLACKLINE INCSOLE	NOTE 1.000% 6/0	12M	SH	$12.46M 1.56%	12M
FRESHPET INCSOLE	NOTE 3.000% 4/0	11M	SH	$12.39M 1.56%	11M
ON SEMICONDUCTOR CORPSOLE	NOTE 0.500% 3/0	13.17M	SH	$12.18M 1.53%	13.17M
WISDOMTREE INCSOLE	NOTE 3.250% 8/1	9.25M	SH	$12.09M 1.52%	9.25M
PROGRESS SOFTWARE CORPSOLE	NOTE 3.500% 3/0	12M	SH	$12.05M 1.51%	12M
BENTLEY SYS INCSOLE	NOTE 0.375% 7/0	12.50M	SH	$11.77M 1.48%	12.50M
CHEFS WHSE INCSOLE	NOTE 2.375%12/1	8M	SH	$11.59M 1.46%	8M
PARSONS CORP DELSOLE	NOTE 2.625% 3/0	10M	SH	$11.37M 1.43%	10M
ENCORE CAP GROUP INCSOLE	NOTE 4.000% 3/1	11.25M	SH	$11.15M 1.40%	11.25M
LANTHEUS HLDGS INCSOLE	NOTE 2.625%12/1	10.60M	SH	$11.13M 1.40%	10.60M

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