Filed: 5/15/2026ACC: 0000902664-26-002480
📋 What this filing means
ISABELLA CAPITAL MANAGEMENT LLP filed this quarterly 13F‑HR report disclosing 8 equity positions with a total reported market value of $134.93M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
8
Positions
$134.93M
Total AUM (reported)
75.22M
Total Shares
Allocation by class
IBOXX HI YD ETF$53.70M39.8%
NOTE 0.500% 6/0$38.21M28.3%
NOTE 2.125% 9/0$11.53M8.5%
NOTE 0.875% 3/1$9.68M7.2%
NOTE 12/0$9.20M6.8%
NOTE 3/0$8.72M6.5%
NOTE 0.625% 9/1$2.76M2.0%
Portfolio Concentration
Top 3$103.44M76.7%
4–10$31.49M23.3%
Top 3 weight
76.7%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 75.22M
Sole
Full voting authority
75.22M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole8
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings8
Rows:
ISHARES TR
SOLEShares675K
TypeSH
Market value$53.70M
39.80%
Sole
675K
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
SOLEShares27.50M
TypePRN
Market value$38.21M
28.32%
Sole
27.50M
Shared
0.00
None
0.00
MARA HOLDINGS INC
SOLEShares13.50M
TypePRN
Market value$11.53M
8.54%
Sole
13.50M
Shared
0.00
None
0.00
STRATEGY INC
SOLEShares10M
TypePRN
Market value$9.68M
7.17%
Sole
10M
Shared
0.00
None
0.00
STRATEGY INC
SOLEShares11M
TypePRN
Market value$9.20M
6.82%
Sole
11M
Shared
0.00
None
0.00
STRATEGY INC
SOLEShares10M
TypePRN
Market value$8.72M
6.46%
Sole
10M
Shared
0.00
None
0.00
STRATEGY INC
SOLEShares2.50M
TypePRN
Market value$2.76M
2.04%
Sole
2.50M
Shared
0.00
None
0.00
SUPER MICRO COMPUTER INC
SOLEShares50K
TypeSH
Market value$1.14M
0.84%
Sole
50K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRSOLE | IBOXX HI YD ETF | 675K | SH | $53.70M 39.80% | 675K | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDSOLE | NOTE 0.500% 6/0 | 27.50M | PRN | $38.21M 28.32% | 27.50M | 0.00 | 0.00 |
MARA HOLDINGS INCSOLE | NOTE 2.125% 9/0 | 13.50M | PRN | $11.53M 8.54% | 13.50M | 0.00 | 0.00 |
STRATEGY INCSOLE | NOTE 0.875% 3/1 | 10M | PRN | $9.68M 7.17% | 10M | 0.00 | 0.00 |
STRATEGY INCSOLE | NOTE 12/0 | 11M | PRN | $9.20M 6.82% | 11M | 0.00 | 0.00 |
STRATEGY INCSOLE | NOTE 3/0 | 10M | PRN | $8.72M 6.46% | 10M | 0.00 | 0.00 |
STRATEGY INCSOLE | NOTE 0.625% 9/1 | 2.50M | PRN | $2.76M 2.04% | 2.50M | 0.00 | 0.00 |
SUPER MICRO COMPUTER INCSOLE | COM NEW | 50K | SH | $1.14M 0.84% | 50K | 0.00 | 0.00 |