CONTEXT CAPITAL MANAGEMENT, LLC

Filed: 7/23/2026ACC: 0001301396-26-000005

📋 What this filing means

CONTEXT CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 427 equity positions with a total reported market value of $5.15B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

427

Positions

$5.15B

Total AUM (reported)

3.88B

Total Shares

Allocation by class

NOTE 6/1$230.19M4.5%

SHS BEN INT$191.29M3.7%

NOTE 4/0$179.30M3.5%

NOTE 3.875%11/3$172.14M3.3%

NOTE 7/0$150.80M2.9%

NOTE 3/0$141.21M2.7%

NOTE 3.500% 3/0$139.94M2.7%

Portfolio Concentration

Top 3$514.23M10.0%

4–10$824.73M16.0%

11–25$1.25B24.2%

Rest$2.56B49.8%

Top 3 weight

10.0%

Top 10 weight

26.0%

Voting Authority Distribution

Total shares with voting rights: 3.88B

Sole

Full voting authority

3.88B

% 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)

Sole427

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings427

Rows:

ISHARES BITCOIN TRUST ETF

SOLE

SHS BEN INT

Shares5.75M

TypeSH

Market value$191.29M

3.72%

Sole

5.75M

Shared

0.00

None

0.00

ECHOSTAR CORP

SOLE

NOTE 3.875%11/3

Shares55.08M

TypePRN

Market value$172.14M

3.34%

Sole

55.08M

Shared

0.00

None

0.00

MAKEMYTRIP LIMITED MAURITIUS

SOLE

NOTE 7/0

Shares165.35M

TypePRN

Market value$150.80M

2.93%

Sole

165.35M

Shared

0.00

None

0.00

GAMESTOP CORP

SOLE

NOTE 4/0

Shares141.60M

TypePRN

Market value$144.64M

2.81%

Sole

141.60M

Shared

0.00

None

0.00

SUPER MICRO COMPUTER INC

SOLE

NOTE 3.500% 3/0

Shares151.37M

TypePRN

Market value$139.94M

2.72%

Sole

151.37M

Shared

0.00

None

0.00

ENOVIS CORPORATION

SOLE

NOTE 3.875%10/1

Shares119.69M

TypePRN

Market value$115.37M

2.24%

Sole

119.69M

Shared

0.00

None

0.00

MARA HOLDINGS INC

SOLE

NOTE 3/0

Shares109.80M

TypePRN

Market value$110.16M

2.14%

Sole

109.80M

Shared

0.00

None

0.00

PELOTON INTERACTIVE INC

SOLE

NOTE 5.500%12/0

Shares66.89M

TypePRN

Market value$108.52M

2.11%

Sole

66.89M

Shared

0.00

None

0.00

GAMESTOP CORP

SOLE

NOTE 6/1

Shares101.50M

TypePRN

Market value$103.33M

2.01%

Sole

101.50M

Shared

0.00

None

0.00

TELADOC HEALTH INC

SOLE

NOTE 1.250% 6/0

Shares105.46M

TypePRN

Market value$102.77M

2.00%

Sole

105.46M

Shared

0.00

None

0.00

STRATEGY INC

SOLE

NOTE 12/0

Shares115.72M

TypePRN

Market value$100.01M

1.94%

Sole

115.72M

Shared

0.00

None

0.00

RIVIAN AUTOMOTIVE INC

SOLE

NOTE 4.625% 3/1

Shares82.06M

TypePRN

Market value$97.46M

1.89%

Sole

82.06M

Shared

0.00

None

0.00

ALPHABET INC

SOLE

DEP SHS RP1/20 A

Shares1.80M

TypeSH

Market value$91.60M

1.78%

Sole

1.80M

Shared

0.00

None

0.00

SNAP INC

SOLE

NOTE 0.500% 5/0

Shares111.53M

TypePRN

Market value$91.15M

1.77%

Sole

111.53M

Shared

0.00

None

0.00

APPLIED DIGITAL CORP

SOLE

NOTE 2.750% 6/0

Shares22.74M

TypePRN

Market value$90.77M

1.76%

Sole

22.74M

Shared

0.00

None

0.00

PACIRA BIOSCIENCES INC

SOLE

NOTE 2.125% 5/1

Shares88.81M

TypePRN

Market value$88.73M

1.72%

Sole

88.81M

Shared

0.00

None

0.00

ALPHABET INC

SOLE

DEP SHS RP1/20 B

Shares1.75M

TypeSH

Market value$88.03M

1.71%

Sole

1.75M

Shared

0.00

None

0.00

CENTURY ALUM CO

SOLE

NOTE 2.750% 5/0

Shares34.82M

TypePRN

Market value$85.98M

1.67%

Sole

34.82M

Shared

0.00

None

0.00

AMPHASTAR PHARMACEUTICALS IN

SOLE

NOTE 2.000% 3/1

Shares93.63M

TypePRN

Market value$85.20M

1.66%

Sole

93.63M

Shared

0.00

None

0.00

SUPER MICRO COMPUTER INC

SOLE

7 DEP CM SR A WI

Shares1.52M

TypeSH

Market value$79.24M

1.54%

Sole

1.52M

Shared

0.00

None

0.00

JOBY AVIATION INC

SOLE

NOTE 0.750% 2/1

Shares84M

TypePRN

Market value$76.61M

1.49%

Sole

84M

Shared

0.00

None

0.00

DOORDASH INC

SOLE

NOTE 5/1

Shares74.75M

TypePRN

Market value$73.72M

1.43%

Sole

74.75M

Shared

0.00

None

0.00

PORCH GROUP INC

SOLE

DEBT 9.000% 5/1

Shares47.48M

TypePRN

Market value$68.86M

1.34%

Sole

47.48M

Shared

0.00

None

0.00

CERENCE INC

SOLE

NOTE 1.500% 7/0

Shares71.53M

TypePRN

Market value$65.64M

1.28%

Sole

71.53M

Shared

0.00

None

0.00

SOLARIS ENERGY INFRAS INC

SOLE

NOTE 4.750% 5/0

Shares20.07M

TypePRN

Market value$64.83M

1.26%

Sole

20.07M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
ISHARES BITCOIN TRUST ETFSOLE	SHS BEN INT	5.75M	SH	$191.29M 3.72%	5.75M
ECHOSTAR CORPSOLE	NOTE 3.875%11/3	55.08M	PRN	$172.14M 3.34%	55.08M
MAKEMYTRIP LIMITED MAURITIUSSOLE	NOTE 7/0	165.35M	PRN	$150.80M 2.93%	165.35M
GAMESTOP CORPSOLE	NOTE 4/0	141.60M	PRN	$144.64M 2.81%	141.60M
SUPER MICRO COMPUTER INCSOLE	NOTE 3.500% 3/0	151.37M	PRN	$139.94M 2.72%	151.37M
ENOVIS CORPORATIONSOLE	NOTE 3.875%10/1	119.69M	PRN	$115.37M 2.24%	119.69M
MARA HOLDINGS INCSOLE	NOTE 3/0	109.80M	PRN	$110.16M 2.14%	109.80M
PELOTON INTERACTIVE INCSOLE	NOTE 5.500%12/0	66.89M	PRN	$108.52M 2.11%	66.89M
GAMESTOP CORPSOLE	NOTE 6/1	101.50M	PRN	$103.33M 2.01%	101.50M
TELADOC HEALTH INCSOLE	NOTE 1.250% 6/0	105.46M	PRN	$102.77M 2.00%	105.46M
STRATEGY INCSOLE	NOTE 12/0	115.72M	PRN	$100.01M 1.94%	115.72M
RIVIAN AUTOMOTIVE INCSOLE	NOTE 4.625% 3/1	82.06M	PRN	$97.46M 1.89%	82.06M
ALPHABET INCSOLE	DEP SHS RP1/20 A	1.80M	SH	$91.60M 1.78%	1.80M
SNAP INCSOLE	NOTE 0.500% 5/0	111.53M	PRN	$91.15M 1.77%	111.53M
APPLIED DIGITAL CORPSOLE	NOTE 2.750% 6/0	22.74M	PRN	$90.77M 1.76%	22.74M
PACIRA BIOSCIENCES INCSOLE	NOTE 2.125% 5/1	88.81M	PRN	$88.73M 1.72%	88.81M
ALPHABET INCSOLE	DEP SHS RP1/20 B	1.75M	SH	$88.03M 1.71%	1.75M
CENTURY ALUM COSOLE	NOTE 2.750% 5/0	34.82M	PRN	$85.98M 1.67%	34.82M
AMPHASTAR PHARMACEUTICALS INSOLE	NOTE 2.000% 3/1	93.63M	PRN	$85.20M 1.66%	93.63M
SUPER MICRO COMPUTER INCSOLE	7 DEP CM SR A WI	1.52M	SH	$79.24M 1.54%	1.52M
JOBY AVIATION INCSOLE	NOTE 0.750% 2/1	84M	PRN	$76.61M 1.49%	84M
DOORDASH INCSOLE	NOTE 5/1	74.75M	PRN	$73.72M 1.43%	74.75M
PORCH GROUP INCSOLE	DEBT 9.000% 5/1	47.48M	PRN	$68.86M 1.34%	47.48M
CERENCE INCSOLE	NOTE 1.500% 7/0	71.53M	PRN	$65.64M 1.28%	71.53M
SOLARIS ENERGY INFRAS INCSOLE	NOTE 4.750% 5/0	20.07M	PRN	$64.83M 1.26%	20.07M

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