LINDEN ADVISORS LP

PrivateCIK: 1279396

Location

NEW YORK, NY

563

Positions

$17.86B

Total AUM (reported)

11.45B

Total Shares

Allocation by class

SDBCV$15.97B89.4%

COM$1.72B9.6%

CVPFD$110.61M0.6%

RT$56.53M0.3%

ADR$2.85M0.0%

Portfolio Concentration

Top 3$3.05B17.1%

4–10$2.25B12.6%

11–25$3.23B18.1%

Rest$9.33B52.2%

Top 3 weight

17.1%

Top 10 weight

29.6%

Voting Authority Distribution

Total shares with voting rights: 11.45B

Sole

Full voting authority

10.97B

% of voting shares95.8%

Shared

Joint voting authority

478.15M

% of voting shares4.2%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole563

Shared0

Other0

Dominant voting typeSole · 95.8% of voting shares

Institutional Holdings563

Rows:

LUMENTUM HOLDINGS INC 0.5 06/15/2028

SOLE

SDBCV

Shares281.38M

TypePRN

Market value$1.51B

8.43%

Sole

269.78M

Shared

11.60M

None

0.00

LUMENTUM HOLDINGS INC 1.5 12/15/2029

SOLE

SDBCV

Shares93.65M

TypePRN

Market value$944.34M

5.29%

Sole

87.13M

Shared

6.52M

None

0.00

LUMENTUM HOLDINGS INC 0.5 12/15/2026

SOLE

SDBCV

Shares84.35M

TypePRN

Market value$595.43M

3.33%

Sole

80.68M

Shared

3.67M

None

0.00

CENTRUS ENERGY CORP 2.25 11/01/2030

SOLE

SDBCV

Shares239.90M

TypePRN

Market value$488.61M

2.74%

Sole

229.18M

Shared

10.72M

None

0.00

APPLIED DIGITAL CORP 2.75 06/01/2030

SOLE

SDBCV

Shares130.53M

TypePRN

Market value$346.47M

1.94%

Sole

124.78M

Shared

5.75M

None

0.00

MKS INC 1.25 06/01/2030

SOLE

SDBCV

Shares198.89M

TypePRN

Market value$329.78M

1.85%

Sole

189.04M

Shared

9.84M

None

0.00

SPHERE ENTERTAINMENT CO 3.5 12/01/2028

SOLE

SDBCV

Shares83.54M

TypePRN

Market value$281.22M

1.57%

Sole

80.24M

Shared

3.30M

None

0.00

UNITY SOFTWARE INC 0 03/15/2030

SOLE

SDBCV

Shares275.61M

TypePRN

Market value$275.89M

1.54%

Sole

264.74M

Shared

10.87M

None

0.00

BRIDGEBIO PHARMA INC 2.25 02/01/2029

SOLE

SDBCV

Shares239.05M

TypePRN

Market value$268.49M

1.50%

Sole

230.25M

Shared

8.80M

None

0.00

LIBERTY MEDIA CORP 3.75 03/15/2028

SOLE

SDBCV

Shares249.42M

TypePRN

Market value$257.87M

1.44%

Sole

239.46M

Shared

9.96M

None

0.00

STRATEGY INC NOTE 12/0

SOLE

SDBCV

Shares293.13M

TypePRN

Market value$244.70M

1.37%

Sole

281.80M

Shared

11.34M

None

0.00

INTEGER HOLDINGS CORP 1.875 03/15/2030 144A

SOLE

SDBCV

Shares253.84M

TypePRN

Market value$243.68M

1.36%

Sole

244.50M

Shared

9.33M

None

0.00

AFFIRM HOLDINGS INC 0.75 12/15/2029

SOLE

SDBCV

Shares259.62M

TypePRN

Market value$242.70M

1.36%

Sole

248.56M

Shared

11.07M

None

0.00

SOLARIS ENERGY INFRASTRU 0.25 10/01/2031

SOLE

SDBCV

Shares193.77M

TypePRN

Market value$242.40M

1.36%

Sole

186.68M

Shared

7.09M

None

0.00

VISHAY INTERTECHNOLOGY 2.25 09/15/2030

SOLE

SDBCV

Shares236.60M

TypePRN

Market value$227.50M

1.27%

Sole

227.74M

Shared

8.86M

None

0.00

CELCUITY INC 2.75 08/01/2031

SOLE

SDBCV

Shares92.72M

TypePRN

Market value$226.40M

1.27%

Sole

88.95M

Shared

3.76M

None

0.00

BRIDGEBIO PHARMA INC 1.75 03/01/2031 144A

SOLE

SDBCV

Shares132.72M

TypePRN

Market value$225.38M

1.26%

Sole

127.10M

Shared

5.63M

None

0.00

STRATEGY INC NOTE 0.625 3/1

SOLE

SDBCV

Shares182.44M

TypePRN

Market value$210.22M

1.18%

Sole

172.75M

Shared

9.69M

None

0.00

SUNRUN INC 4 03/01/2030 144A

SOLE

SDBCV

Shares172.59M

TypePRN

Market value$205.76M

1.15%

Sole

166.19M

Shared

6.39M

None

0.00

ASCENDIS PHARMA A/S 2.25 04/01/2028

SOLE

SDBCV

Shares139.57M

TypePRN

Market value$205.48M

1.15%

Sole

132.93M

Shared

6.64M

None

0.00

BILL HOLDINGS INC 0 04/01/2030 144A

SOLE

SDBCV

Shares223.56M

TypePRN

Market value$199.17M

1.12%

Sole

214.93M

Shared

8.63M

None

0.00

GUARDANT HEALTH INC 1.25 02/15/2031

SOLE

SDBCV

Shares115.82M

TypePRN

Market value$194.87M

1.09%

Sole

111.58M

Shared

4.24M

None

0.00

SILVERCORP METALS INC 4.75 12/15/2029 144A

SOLE

SDBCV

Shares74.77M

TypePRN

Market value$192.31M

1.08%

Sole

71.97M

Shared

2.79M

None

0.00

PELOTON INTERACTIVE INC 5.5 12/01/2029

SOLE

SDBCV

Shares139.59M

TypePRN

Market value$187.38M

1.05%

Sole

134.48M

Shared

5.11M

None

0.00

CLEANSPARK INC 0 06/15/2030 144A

SOLE

SDBCV

Shares191.50M

TypePRN

Market value$186.24M

1.04%

Sole

184.10M

Shared

7.39M

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared
LUMENTUM HOLDINGS INC 0.5 06/15/2028SOLE	SDBCV	281.38M	PRN	$1.51B 8.43%	269.78M	11.60M
LUMENTUM HOLDINGS INC 1.5 12/15/2029SOLE	SDBCV	93.65M	PRN	$944.34M 5.29%	87.13M	6.52M
LUMENTUM HOLDINGS INC 0.5 12/15/2026SOLE	SDBCV	84.35M	PRN	$595.43M 3.33%	80.68M	3.67M
CENTRUS ENERGY CORP 2.25 11/01/2030SOLE	SDBCV	239.90M	PRN	$488.61M 2.74%	229.18M	10.72M
APPLIED DIGITAL CORP 2.75 06/01/2030SOLE	SDBCV	130.53M	PRN	$346.47M 1.94%	124.78M	5.75M
MKS INC 1.25 06/01/2030SOLE	SDBCV	198.89M	PRN	$329.78M 1.85%	189.04M	9.84M
SPHERE ENTERTAINMENT CO 3.5 12/01/2028SOLE	SDBCV	83.54M	PRN	$281.22M 1.57%	80.24M	3.30M
UNITY SOFTWARE INC 0 03/15/2030SOLE	SDBCV	275.61M	PRN	$275.89M 1.54%	264.74M	10.87M
BRIDGEBIO PHARMA INC 2.25 02/01/2029SOLE	SDBCV	239.05M	PRN	$268.49M 1.50%	230.25M	8.80M
LIBERTY MEDIA CORP 3.75 03/15/2028SOLE	SDBCV	249.42M	PRN	$257.87M 1.44%	239.46M	9.96M
STRATEGY INC NOTE 12/0SOLE	SDBCV	293.13M	PRN	$244.70M 1.37%	281.80M	11.34M
INTEGER HOLDINGS CORP 1.875 03/15/2030 144ASOLE	SDBCV	253.84M	PRN	$243.68M 1.36%	244.50M	9.33M
AFFIRM HOLDINGS INC 0.75 12/15/2029SOLE	SDBCV	259.62M	PRN	$242.70M 1.36%	248.56M	11.07M
SOLARIS ENERGY INFRASTRU 0.25 10/01/2031SOLE	SDBCV	193.77M	PRN	$242.40M 1.36%	186.68M	7.09M
VISHAY INTERTECHNOLOGY 2.25 09/15/2030SOLE	SDBCV	236.60M	PRN	$227.50M 1.27%	227.74M	8.86M
CELCUITY INC 2.75 08/01/2031SOLE	SDBCV	92.72M	PRN	$226.40M 1.27%	88.95M	3.76M
BRIDGEBIO PHARMA INC 1.75 03/01/2031 144ASOLE	SDBCV	132.72M	PRN	$225.38M 1.26%	127.10M	5.63M
STRATEGY INC NOTE 0.625 3/1SOLE	SDBCV	182.44M	PRN	$210.22M 1.18%	172.75M	9.69M
SUNRUN INC 4 03/01/2030 144ASOLE	SDBCV	172.59M	PRN	$205.76M 1.15%	166.19M	6.39M
ASCENDIS PHARMA A/S 2.25 04/01/2028SOLE	SDBCV	139.57M	PRN	$205.48M 1.15%	132.93M	6.64M
BILL HOLDINGS INC 0 04/01/2030 144ASOLE	SDBCV	223.56M	PRN	$199.17M 1.12%	214.93M	8.63M
GUARDANT HEALTH INC 1.25 02/15/2031SOLE	SDBCV	115.82M	PRN	$194.87M 1.09%	111.58M	4.24M
SILVERCORP METALS INC 4.75 12/15/2029 144ASOLE	SDBCV	74.77M	PRN	$192.31M 1.08%	71.97M	2.79M
PELOTON INTERACTIVE INC 5.5 12/01/2029SOLE	SDBCV	139.59M	PRN	$187.38M 1.05%	134.48M	5.11M
CLEANSPARK INC 0 06/15/2030 144ASOLE	SDBCV	191.50M	PRN	$186.24M 1.04%	184.10M	7.39M

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