KIM, LLC

Filed: 8/11/2025ACC: 0000923338-25-000005

📋 What this filing means

KIM, LLC filed this quarterly 13F‑HR report disclosing 77 equity positions with a total reported market value of $862.95M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$862.95M

Total AUM (reported)

447.22M

Total Shares

Allocation by class

COM$130.22M15.1%

RETURN STACKED U$92.68M10.7%

TR UNIT$92.68M10.7%

RETURN STACKED B$79.95M9.3%

NOTE3/1$34.61M4.0%

NOTE 0.250% 3/1$24.17M2.8%

NOTE 1.500%10/1$20.17M2.3%

Portfolio Concentration

Top 3$265.30M30.7%

4–10$203.49M23.6%

11–25$179.19M20.8%

Rest$214.96M24.9%

Top 3 weight

30.7%

Top 10 weight

54.3%

Voting Authority Distribution

Total shares with voting rights: 447.22M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

447.22M

% of voting shares100.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole0

Shared0

Other77

Dominant voting typeShared · 100.0% of voting shares

Institutional Holdings77

Rows:

TIDAL TR II

DFND

RETURN STACKED U

Shares5M

TypeSH

Market value$92.68M

10.74%

Sole

0.00

Shared

None

0.00

SPDR S&P 500 ETF TR

DFND

TR UNIT

Shares150K

TypeSH

Market value$92.68M

10.74%

Sole

0.00

Shared

150K

None

0.00

TIDAL TR II

DFND

RETURN STACKED B

Shares5M

TypeSH

Market value$79.95M

9.26%

Sole

0.00

Shared

None

0.00

ASPEN AEROGELS INC

DFND

COM

Shares12.28M

TypeSH

Market value$72.70M

8.42%

Sole

0.00

Shared

12.28M

None

0.00

VISHAY INTERTECHNOLOGY INC

DFND

COM

Shares3.16M

TypeSH

Market value$50.17M

5.81%

Sole

0.00

Shared

3.16M

None

0.00

EVOLENT HEALTH INC

DFND

NOTE 1.500%10/1

Shares20.37M

TypePRN

Market value$20.17M

2.34%

Sole

0.00

Shared

20.37M

None

0.00

CSG SYS INTL INC

DFND

NOTE 3.875% 9/1

Shares13.50M

TypePRN

Market value$15.28M

1.77%

Sole

0.00

Shared

13.50M

None

0.00

WAYFAIR INC

DFND

NOTE 0.625%10/0

Shares15.46M

TypePRN

Market value$15.13M

1.75%

Sole

0.00

Shared

15.46M

None

0.00

UBER TECHNOLOGIES INC

DFND

NOTE 0.875%12/0

Shares10.50M

TypePRN

Market value$15.03M

1.74%

Sole

0.00

Shared

10.50M

None

0.00

AMERICAN AIRLINES GROUP INC

DFND

NOTE 6.500% 7/0

Shares15M

TypePRN

Market value$15.01M

1.74%

Sole

0.00

Shared

15M

None

0.00

WIX COM LTD

DFND

NOTE8/1

Shares15M

TypePRN

Market value$14.96M

1.73%

Sole

0.00

Shared

15M

None

0.00

VAIL RESORTS INC

DFND

NOTE1/0

Shares15.23M

TypePRN

Market value$14.85M

1.72%

Sole

0.00

Shared

15.23M

None

0.00

NICE LTD

DFND

NOTE9/1

Shares15M

TypePRN

Market value$14.85M

1.72%

Sole

0.00

Shared

15M

None

0.00

EXPEDIA GROUP INC

DFND

NOTE2/1

Shares15M

TypePRN

Market value$14.62M

1.69%

Sole

0.00

Shared

15M

None

0.00

DAYFORCE INC

DFND

NOTE 0.250% 3/1

Shares15M

TypePRN

Market value$14.51M

1.68%

Sole

0.00

Shared

15M

None

0.00

FORD MTR CO

DFND

NOTE3/1

Shares14M

TypePRN

Market value$13.87M

1.61%

Sole

0.00

Shared

14M

None

0.00

AIRBNB INC

DFND

NOTE3/1

Shares13.03M

TypePRN

Market value$12.59M

1.46%

Sole

0.00

Shared

13.03M

None

0.00

PEABODY ENGR CORP

DFND

NOTE 3.250% 3/0

Shares12M

TypePRN

Market value$12.37M

1.43%

Sole

0.00

Shared

12M

None

0.00

EVERGY INC

DFND

NOTE 4.500%12/1

Shares9M

TypePRN

Market value$10.54M

1.22%

Sole

0.00

Shared

None

0.00

MARRIOTT VACATIONS WORLDWIDE

DFND

NOTE1/1

Shares10.74M

TypePRN

Market value$10.40M

1.21%

Sole

0.00

Shared

10.74M

None

0.00

MAGNITE INC

DFND

NOTE 0.250% 3/1

Shares10M

TypePRN

Market value$9.67M

1.12%

Sole

0.00

Shared

10M

None

0.00

SNAP INC

DFND

NOTE 0.750% 8/0

Shares10M

TypePRN

Market value$9.59M

1.11%

Sole

0.00

Shared

10M

None

0.00

CAPITAL SOUTHWEST CORP

DFND

NOTE 5.125%11/1

Shares9M

TypePRN

Market value$8.89M

1.03%

Sole

0.00

Shared

None

0.00

T1 ENERGY INC

DFND

COM NEW

Shares7.17M

TypeSH

Market value$8.82M

1.02%

Sole

0.00

Shared

7.17M

None

0.00

TRIPADVISOR INC

DFND

NOTE 0.250% 4/0

Shares9M

TypePRN

Market value$8.67M

1.00%

Sole

0.00

Shared

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Shared
TIDAL TR IIDFND	RETURN STACKED U	5M	SH	$92.68M 10.74%	5M
SPDR S&P 500 ETF TRDFND	TR UNIT	150K	SH	$92.68M 10.74%	150K
TIDAL TR IIDFND	RETURN STACKED B	5M	SH	$79.95M 9.26%	5M
ASPEN AEROGELS INCDFND	COM	12.28M	SH	$72.70M 8.42%	12.28M
VISHAY INTERTECHNOLOGY INCDFND	COM	3.16M	SH	$50.17M 5.81%	3.16M
EVOLENT HEALTH INCDFND	NOTE 1.500%10/1	20.37M	PRN	$20.17M 2.34%	20.37M
CSG SYS INTL INCDFND	NOTE 3.875% 9/1	13.50M	PRN	$15.28M 1.77%	13.50M
WAYFAIR INCDFND	NOTE 0.625%10/0	15.46M	PRN	$15.13M 1.75%	15.46M
UBER TECHNOLOGIES INCDFND	NOTE 0.875%12/0	10.50M	PRN	$15.03M 1.74%	10.50M
AMERICAN AIRLINES GROUP INCDFND	NOTE 6.500% 7/0	15M	PRN	$15.01M 1.74%	15M
WIX COM LTDDFND	NOTE8/1	15M	PRN	$14.96M 1.73%	15M
VAIL RESORTS INCDFND	NOTE1/0	15.23M	PRN	$14.85M 1.72%	15.23M
NICE LTDDFND	NOTE9/1	15M	PRN	$14.85M 1.72%	15M
EXPEDIA GROUP INCDFND	NOTE2/1	15M	PRN	$14.62M 1.69%	15M
DAYFORCE INCDFND	NOTE 0.250% 3/1	15M	PRN	$14.51M 1.68%	15M
FORD MTR CODFND	NOTE3/1	14M	PRN	$13.87M 1.61%	14M
AIRBNB INCDFND	NOTE3/1	13.03M	PRN	$12.59M 1.46%	13.03M
PEABODY ENGR CORPDFND	NOTE 3.250% 3/0	12M	PRN	$12.37M 1.43%	12M
EVERGY INCDFND	NOTE 4.500%12/1	9M	PRN	$10.54M 1.22%	9M
MARRIOTT VACATIONS WORLDWIDEDFND	NOTE1/1	10.74M	PRN	$10.40M 1.21%	10.74M
MAGNITE INCDFND	NOTE 0.250% 3/1	10M	PRN	$9.67M 1.12%	10M
SNAP INCDFND	NOTE 0.750% 8/0	10M	PRN	$9.59M 1.11%	10M
CAPITAL SOUTHWEST CORPDFND	NOTE 5.125%11/1	9M	PRN	$8.89M 1.03%	9M
T1 ENERGY INCDFND	COM NEW	7.17M	SH	$8.82M 1.02%	7.17M
TRIPADVISOR INCDFND	NOTE 0.250% 4/0	9M	PRN	$8.67M 1.00%	9M

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