CONTEXT CAPITAL MANAGEMENT, LLC

Filed: 5/7/2026ACC: 0001420506-26-000841

📋 What this filing means

CONTEXT CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 392 equity positions with a total reported market value of $4.33B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

392

Positions

$4.33B

Total AUM (reported)

3.66B

Total Shares

Allocation by class

NOTE 2.250% 6/1$239.34M5.5%

NOTE 12/0$197.90M4.6%

NOTE 3.875%11/3$195.49M4.5%

NOTE 3/0$177.31M4.1%

NOTE 3.875%10/1$133.01M3.1%

NOTE 2.750% 5/0$125.36M2.9%

NOTE 1.250% 6/0$113.12M2.6%

Portfolio Concentration

Top 3$518.75M12.0%

4–10$706.03M16.3%

11–25$1.03B23.9%

Rest$2.07B47.8%

Top 3 weight

12.0%

Top 10 weight

28.3%

Voting Authority Distribution

Total shares with voting rights: 3.66B

Sole

Full voting authority

3.66B

% 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)

Sole392

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings392

Rows:

STRATEGY INC

SOLE

NOTE 12/0

Shares237.72M

TypePRN

Market value$197.90M

4.57%

Sole

237.72M

Shared

0.00

None

0.00

ECHOSTAR CORP

SOLE

NOTE 3.875%11/3

Shares54.69M

TypePRN

Market value$195.49M

4.52%

Sole

54.69M

Shared

0.00

None

0.00

CENTURY ALUM CO

SOLE

NOTE 2.750% 5/0

Shares39.82M

TypePRN

Market value$125.36M

2.90%

Sole

39.82M

Shared

0.00

None

0.00

CONMED CORP

SOLE

NOTE 2.250% 6/1

Shares119.43M

TypePRN

Market value$115.91M

2.68%

Sole

119.43M

Shared

0.00

None

0.00

TELADOC HEALTH INC

SOLE

NOTE 1.250% 6/0

Shares117.96M

TypePRN

Market value$113.12M

2.61%

Sole

117.96M

Shared

0.00

None

0.00

RIVIAN AUTOMOTIVE INC

SOLE

NOTE 4.625% 3/1

Shares99.38M

TypePRN

Market value$106.64M

2.46%

Sole

99.38M

Shared

0.00

None

0.00

ENOVIS CORPORATION

SOLE

NOTE 3.875%10/1

Shares106.09M

TypePRN

Market value$102.62M

2.37%

Sole

106.09M

Shared

0.00

None

0.00

PELOTON INTERACTIVE INC

SOLE

NOTE 5.500%12/0

Shares75.79M

TypePRN

Market value$101.55M

2.35%

Sole

75.79M

Shared

0.00

None

0.00

SNAP INC

SOLE

NOTE 0.500% 5/0

Shares107.03M

TypePRN

Market value$86.24M

1.99%

Sole

107.03M

Shared

0.00

None

0.00

BRIDGEBIO PHARMA INC

SOLE

NOTE 2.250% 2/0

Shares71.25M

TypePRN

Market value$79.94M

1.85%

Sole

71.25M

Shared

0.00

None

0.00

FLUENCE ENERGY INC

SOLE

NOTE 2.250% 6/1

Shares78.67M

TypePRN

Market value$79.38M

1.83%

Sole

78.67M

Shared

0.00

None

0.00

SUPER MICRO COMPUTER INC

SOLE

NOTE 3.500% 3/0

Shares98.76M

TypePRN

Market value$79.00M

1.83%

Sole

98.76M

Shared

0.00

None

0.00

PACIRA BIOSCIENCES INC

SOLE

NOTE 2.125% 5/1

Shares81.31M

TypePRN

Market value$78.52M

1.81%

Sole

81.31M

Shared

0.00

None

0.00

ENPHASE ENERGY INC

SOLE

NOTE 3/0

Shares85.47M

TypePRN

Market value$76.39M

1.77%

Sole

85.47M

Shared

0.00

None

0.00

JOBY AVIATION INC

SOLE

NOTE 0.750% 2/1

Shares87M

TypePRN

Market value$74.77M

1.73%

Sole

87M

Shared

0.00

None

0.00

IMMUNOCORE HLDGS PLC

SOLE

NOTE 2.500% 2/0

Shares77.84M

TypePRN

Market value$70.20M

1.62%

Sole

77.84M

Shared

0.00

None

0.00

INTEGER HLDGS CORP

SOLE

DBCV 1.875% 3/1

Shares73M

TypePRN

Market value$69.97M

1.62%

Sole

73M

Shared

0.00

None

0.00

CLEANSPARK INC

SOLE

NOTE 6/1

Shares70.81M

TypePRN

Market value$68.54M

1.58%

Sole

70.81M

Shared

0.00

None

0.00

TRAVERE THERAPEUTICS INC

SOLE

NOTE 2.250% 3/0

Shares52.93M

TypePRN

Market value$66.94M

1.55%

Sole

52.93M

Shared

0.00

None

0.00

PENNYMAC CORP

SOLE

NOTE 8.500% 6/0

Shares61.30M

TypePRN

Market value$64.09M

1.48%

Sole

61.30M

Shared

0.00

None

0.00

ARRAY TECHNOLOGIES INC

SOLE

NOTE 1.000%12/0

Shares69.70M

TypePRN

Market value$63.29M

1.46%

Sole

69.70M

Shared

0.00

None

0.00

RIVIAN AUTOMOTIVE INC

SOLE

NOTE 3.625%10/1

Shares63.71M

TypePRN

Market value$61.17M

1.41%

Sole

63.71M

Shared

0.00

None

0.00

AMPHASTAR PHARMACEUTICALS IN

SOLE

NOTE 2.000% 3/1

Shares66.93M

TypePRN

Market value$60.64M

1.40%

Sole

66.93M

Shared

0.00

None

0.00

APPLIED DIGITAL CORP

SOLE

NOTE 2.750% 6/0

Shares22.74M

TypePRN

Market value$60.42M

1.40%

Sole

22.74M

Shared

0.00

None

0.00

CERENCE INC

SOLE

NOTE 1.500% 7/0

Shares67.08M

TypePRN

Market value$59.41M

1.37%

Sole

67.08M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
STRATEGY INCSOLE	NOTE 12/0	237.72M	PRN	$197.90M 4.57%	237.72M
ECHOSTAR CORPSOLE	NOTE 3.875%11/3	54.69M	PRN	$195.49M 4.52%	54.69M
CENTURY ALUM COSOLE	NOTE 2.750% 5/0	39.82M	PRN	$125.36M 2.90%	39.82M
CONMED CORPSOLE	NOTE 2.250% 6/1	119.43M	PRN	$115.91M 2.68%	119.43M
TELADOC HEALTH INCSOLE	NOTE 1.250% 6/0	117.96M	PRN	$113.12M 2.61%	117.96M
RIVIAN AUTOMOTIVE INCSOLE	NOTE 4.625% 3/1	99.38M	PRN	$106.64M 2.46%	99.38M
ENOVIS CORPORATIONSOLE	NOTE 3.875%10/1	106.09M	PRN	$102.62M 2.37%	106.09M
PELOTON INTERACTIVE INCSOLE	NOTE 5.500%12/0	75.79M	PRN	$101.55M 2.35%	75.79M
SNAP INCSOLE	NOTE 0.500% 5/0	107.03M	PRN	$86.24M 1.99%	107.03M
BRIDGEBIO PHARMA INCSOLE	NOTE 2.250% 2/0	71.25M	PRN	$79.94M 1.85%	71.25M
FLUENCE ENERGY INCSOLE	NOTE 2.250% 6/1	78.67M	PRN	$79.38M 1.83%	78.67M
SUPER MICRO COMPUTER INCSOLE	NOTE 3.500% 3/0	98.76M	PRN	$79.00M 1.83%	98.76M
PACIRA BIOSCIENCES INCSOLE	NOTE 2.125% 5/1	81.31M	PRN	$78.52M 1.81%	81.31M
ENPHASE ENERGY INCSOLE	NOTE 3/0	85.47M	PRN	$76.39M 1.77%	85.47M
JOBY AVIATION INCSOLE	NOTE 0.750% 2/1	87M	PRN	$74.77M 1.73%	87M
IMMUNOCORE HLDGS PLCSOLE	NOTE 2.500% 2/0	77.84M	PRN	$70.20M 1.62%	77.84M
INTEGER HLDGS CORPSOLE	DBCV 1.875% 3/1	73M	PRN	$69.97M 1.62%	73M
CLEANSPARK INCSOLE	NOTE 6/1	70.81M	PRN	$68.54M 1.58%	70.81M
TRAVERE THERAPEUTICS INCSOLE	NOTE 2.250% 3/0	52.93M	PRN	$66.94M 1.55%	52.93M
PENNYMAC CORPSOLE	NOTE 8.500% 6/0	61.30M	PRN	$64.09M 1.48%	61.30M
ARRAY TECHNOLOGIES INCSOLE	NOTE 1.000%12/0	69.70M	PRN	$63.29M 1.46%	69.70M
RIVIAN AUTOMOTIVE INCSOLE	NOTE 3.625%10/1	63.71M	PRN	$61.17M 1.41%	63.71M
AMPHASTAR PHARMACEUTICALS INSOLE	NOTE 2.000% 3/1	66.93M	PRN	$60.64M 1.40%	66.93M
APPLIED DIGITAL CORPSOLE	NOTE 2.750% 6/0	22.74M	PRN	$60.42M 1.40%	22.74M
CERENCE INCSOLE	NOTE 1.500% 7/0	67.08M	PRN	$59.41M 1.37%	67.08M

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