CONTEXT CAPITAL MANAGEMENT, LLC

Filed: 5/5/2025ACC: 0001301396-25-000003

📋 What this filing means

CONTEXT CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 208 equity positions with a total reported market value of $2.58B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

208

Positions

$2.58B

Total AUM (reported)

24.19M

Total Shares

Allocation by class

NOTE 2.250% 6/1$99.66M3.9%

NOTE 1.250% 6/0$82.89M3.2%

NOTE 11/1$71.64M2.8%

NOTE 3.250% 9/1$68.18M2.6%

NOTE 6.250% 3/1$66.46M2.6%

NOTE 7.500%10/1$65.32M2.5%

NOTE 2.250% 2/0$63.47M2.5%

Portfolio Concentration

Top 3$254.19M9.8%

4–10$441.42M17.1%

11–25$654.09M25.3%

Rest$1.23B47.7%

Top 3 weight

9.8%

Top 10 weight

26.9%

Voting Authority Distribution

Total shares with voting rights: 24.19M

Sole

Full voting authority

24.19M

% 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)

Sole208

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings208

Rows:

CONMED CORP

SOLE

NOTE 2.250% 6/1

Shares105.85K

TypePRN

Market value$99.66M

3.86%

Sole

105.85K

Shared

0.00

None

0.00

TELADOC HEALTH INC

SOLE

NOTE 1.250% 6/0

Shares90K

TypePRN

Market value$82.89M

3.21%

Sole

90K

Shared

0.00

None

0.00

3D SYS CORP DEL

SOLE

NOTE 11/1

Shares78.41K

TypePRN

Market value$71.64M

2.77%

Sole

78.41K

Shared

0.00

None

0.00

WAYFAIR INC

SOLE

NOTE 3.250% 9/1

Shares69.57K

TypePRN

Market value$68.18M

2.64%

Sole

69.57K

Shared

0.00

None

0.00

GROUPON INC

SOLE

NOTE 6.250% 3/1

Shares63.44K

TypePRN

Market value$66.46M

2.57%

Sole

63.44K

Shared

0.00

None

0.00

NEW MTN FIN CORP

SOLE

NOTE 7.500%10/1

Shares64.48K

TypePRN

Market value$65.32M

2.53%

Sole

64.48K

Shared

0.00

None

0.00

BRIDGEBIO PHARMA INC

SOLE

NOTE 2.250% 2/0

Shares70.40K

TypePRN

Market value$63.47M

2.46%

Sole

70.40K

Shared

0.00

None

0.00

EQUINOX GOLD CORP

SOLE

NOTE 4.750%10/1

Shares45.41K

TypePRN

Market value$60.20M

2.33%

Sole

45.41K

Shared

0.00

None

0.00

BLOOM ENERGY CORP

SOLE

NOTE 3.000% 6/0

Shares45.81K

TypePRN

Market value$59.96M

2.32%

Sole

45.81K

Shared

0.00

None

0.00

SOLAREDGE TECHNOLOGIES INC

SOLE

NOTE 9/1

Shares59.50K

TypePRN

Market value$57.83M

2.24%

Sole

59.50K

Shared

0.00

None

0.00

COHERUS BIOSCIENCES INC

SOLE

NOTE 1.500% 4/1

Shares58.25K

TypePRN

Market value$57.38M

2.22%

Sole

58.25K

Shared

0.00

None

0.00

MICROSTRATEGY INC

SOLE

NOTE 0.875% 3/1

Shares38.80K

TypePRN

Market value$54.88M

2.13%

Sole

38.80K

Shared

0.00

None

0.00

UPSTART HLDGS INC

SOLE

NOTE 0.250% 8/1

Shares57.06K

TypePRN

Market value$53.42M

2.07%

Sole

57.06K

Shared

0.00

None

0.00

XOMETRY INC

SOLE

NOTE 1.000% 2/0

Shares50.19K

TypePRN

Market value$48.76M

1.89%

Sole

50.19K

Shared

0.00

None

0.00

CENTURY ALUM CO

SOLE

NOTE 2.750% 5/0

Shares39.68K

TypePRN

Market value$48.47M

1.88%

Sole

39.68K

Shared

0.00

None

0.00

RIVIAN AUTOMOTIVE INC

SOLE

NOTE 4.625% 3/1

Shares45.75K

TypePRN

Market value$44.75M

1.73%

Sole

45.75K

Shared

0.00

None

0.00

PELOTON INTERACTIVE INC

SOLE

NOTE 2/1

Shares46.79K

TypePRN

Market value$44.33M

1.72%

Sole

46.79K

Shared

0.00

None

0.00

GREEN PLAINS INC

SOLE

NOTE 2.250% 3/1

Shares51.89K

TypePRN

Market value$43.40M

1.68%

Sole

51.89K

Shared

0.00

None

0.00

IMMUNOCORE HLDGS PLC

SOLE

NOTE 2.500% 2/0

Shares49.85K

TypePRN

Market value$42.10M

1.63%

Sole

49.85K

Shared

0.00

None

0.00

ARBOR REALTY TRUST INC

SOLE

NOTE 7.500% 8/0

Shares37.69K

TypePRN

Market value$37.69M

1.46%

Sole

37.69K

Shared

0.00

None

0.00

SSR MINING IN

SOLE

NOTE 2.500% 4/0

Shares37.60K

TypePRN

Market value$37.62M

1.46%

Sole

37.60K

Shared

0.00

None

0.00

BOEING CO

SOLE

DEP CONV PFD A

Shares600K

TypeSH

Market value$35.90M

1.39%

Sole

600K

Shared

0.00

None

0.00

EVOLENT HEALTH INC

SOLE

NOTE 3.500%12/0

Shares43.48K

TypePRN

Market value$35.56M

1.38%

Sole

43.48K

Shared

0.00

None

0.00

TRAVERE THERAPEUTICS INC

SOLE

NOTE 2.250% 3/0

Shares35.29K

TypePRN

Market value$35.26M

1.37%

Sole

35.29K

Shared

0.00

None

0.00

KKR & CO INC

SOLE

6.25 CON SER D

Shares700K

TypeSH

Market value$34.58M

1.34%

Sole

700K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
CONMED CORPSOLE	NOTE 2.250% 6/1	105.85K	PRN	$99.66M 3.86%	105.85K
TELADOC HEALTH INCSOLE	NOTE 1.250% 6/0	90K	PRN	$82.89M 3.21%	90K
3D SYS CORP DELSOLE	NOTE 11/1	78.41K	PRN	$71.64M 2.77%	78.41K
WAYFAIR INCSOLE	NOTE 3.250% 9/1	69.57K	PRN	$68.18M 2.64%	69.57K
GROUPON INCSOLE	NOTE 6.250% 3/1	63.44K	PRN	$66.46M 2.57%	63.44K
NEW MTN FIN CORPSOLE	NOTE 7.500%10/1	64.48K	PRN	$65.32M 2.53%	64.48K
BRIDGEBIO PHARMA INCSOLE	NOTE 2.250% 2/0	70.40K	PRN	$63.47M 2.46%	70.40K
EQUINOX GOLD CORPSOLE	NOTE 4.750%10/1	45.41K	PRN	$60.20M 2.33%	45.41K
BLOOM ENERGY CORPSOLE	NOTE 3.000% 6/0	45.81K	PRN	$59.96M 2.32%	45.81K
SOLAREDGE TECHNOLOGIES INCSOLE	NOTE 9/1	59.50K	PRN	$57.83M 2.24%	59.50K
COHERUS BIOSCIENCES INCSOLE	NOTE 1.500% 4/1	58.25K	PRN	$57.38M 2.22%	58.25K
MICROSTRATEGY INCSOLE	NOTE 0.875% 3/1	38.80K	PRN	$54.88M 2.13%	38.80K
UPSTART HLDGS INCSOLE	NOTE 0.250% 8/1	57.06K	PRN	$53.42M 2.07%	57.06K
XOMETRY INCSOLE	NOTE 1.000% 2/0	50.19K	PRN	$48.76M 1.89%	50.19K
CENTURY ALUM COSOLE	NOTE 2.750% 5/0	39.68K	PRN	$48.47M 1.88%	39.68K
RIVIAN AUTOMOTIVE INCSOLE	NOTE 4.625% 3/1	45.75K	PRN	$44.75M 1.73%	45.75K
PELOTON INTERACTIVE INCSOLE	NOTE 2/1	46.79K	PRN	$44.33M 1.72%	46.79K
GREEN PLAINS INCSOLE	NOTE 2.250% 3/1	51.89K	PRN	$43.40M 1.68%	51.89K
IMMUNOCORE HLDGS PLCSOLE	NOTE 2.500% 2/0	49.85K	PRN	$42.10M 1.63%	49.85K
ARBOR REALTY TRUST INCSOLE	NOTE 7.500% 8/0	37.69K	PRN	$37.69M 1.46%	37.69K
SSR MINING INSOLE	NOTE 2.500% 4/0	37.60K	PRN	$37.62M 1.46%	37.60K
BOEING COSOLE	DEP CONV PFD A	600K	SH	$35.90M 1.39%	600K
EVOLENT HEALTH INCSOLE	NOTE 3.500%12/0	43.48K	PRN	$35.56M 1.38%	43.48K
TRAVERE THERAPEUTICS INCSOLE	NOTE 2.250% 3/0	35.29K	PRN	$35.26M 1.37%	35.29K
KKR & CO INCSOLE	6.25 CON SER D	700K	SH	$34.58M 1.34%	700K

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