OPTI CAPITAL MANAGEMENT, LP

Filed: 2/17/2026ACC: 0000919574-26-001163

📋 What this filing means

OPTI CAPITAL MANAGEMENT, LP filed this quarterly 13F‑HR report disclosing 43 equity positions with a total reported market value of $1.37B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$1.37B

Total AUM (reported)

1.35B

Total Shares

Allocation by class

NOTE 0.250%11/0$127.29M9.3%

NOTE 7.750% 6/0$100.18M7.3%

NOTE 3.125% 1/1$86.39M6.3%

NOTE 0.250% 3/1$67.25M4.9%

NOTE 1.250% 6/0$66.67M4.9%

NOTE 0.125% 3/0$63.38M4.6%

NOTE 3/0$61.14M4.5%

Portfolio Concentration

Top 3$313.86M22.9%

4–10$396.91M28.9%

11–25$447.28M32.6%

Rest$213.51M15.6%

Top 3 weight

22.9%

Top 10 weight

51.8%

Voting Authority Distribution

Total shares with voting rights: 1.35B

Sole

Full voting authority

1.35B

% 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)

Sole43

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings43

Rows:

BLOCK INC

SOLE

NOTE 0.250%11/0

Shares137.50M

TypePRN

Market value$127.29M

9.28%

Sole

137.50M

Shared

0.00

None

0.00

FASTLY INC

SOLE

NOTE 7.750% 6/0

Shares89.65M

TypePRN

Market value$100.18M

7.30%

Sole

89.65M

Shared

0.00

None

0.00

LIVE NATION ENTERTAINMENT IN

SOLE

NOTE 3.125% 1/1

Shares59.38M

TypePRN

Market value$86.39M

6.30%

Sole

59.38M

Shared

0.00

None

0.00

TELADOC HEALTH INC

SOLE

NOTE 1.250% 6/0

Shares70M

TypePRN

Market value$66.67M

4.86%

Sole

70M

Shared

0.00

None

0.00

SNAP INC

SOLE

NOTE 0.125% 3/0

Shares69.45M

TypePRN

Market value$63.38M

4.62%

Sole

69.45M

Shared

0.00

None

0.00

BENTLEY SYS INC

SOLE

NOTE 0.375% 7/0

Shares64M

TypePRN

Market value$60.32M

4.40%

Sole

64M

Shared

0.00

None

0.00

ENPHASE ENERGY INC

SOLE

NOTE 3/0

Shares55M

TypePRN

Market value$54.52M

3.97%

Sole

55M

Shared

0.00

None

0.00

DEXCOM INC

SOLE

NOTE 0.375% 5/1

Shares58M

TypePRN

Market value$53.55M

3.90%

Sole

58M

Shared

0.00

None

0.00

TRANSMEDICS GROUP INC

SOLE

NOTE 1.500% 6/0

Shares35M

TypePRN

Market value$52.54M

3.83%

Sole

35M

Shared

0.00

None

0.00

RAPID7 INC

SOLE

NOTE 0.250% 3/1

Shares48.25M

TypePRN

Market value$45.93M

3.35%

Sole

48.25M

Shared

0.00

None

0.00

MARA HOLDINGS INC

SOLE

NOTE 6/0

Shares51.09M

TypePRN

Market value$43.11M

3.14%

Sole

51.09M

Shared

0.00

None

0.00

BLACKLINE INC

SOLE

NOTE 1.000% 6/0

Shares34.94M

TypePRN

Market value$37.04M

2.70%

Sole

34.94M

Shared

0.00

None

0.00

WORKIVA INC

SOLE

NOTE 1.250% 8/1

Shares34M

TypePRN

Market value$33.77M

2.46%

Sole

34M

Shared

0.00

None

0.00

DRAFTKINGS INC NEW

SOLE

NOTE 3/1

Shares34.75M

TypePRN

Market value$31.87M

2.32%

Sole

34.75M

Shared

0.00

None

0.00

ALIBABA GROUP HLDG LTD

SOLE

NOTE 0.500% 6/0

Shares20M

TypePRN

Market value$31.13M

2.27%

Sole

20M

Shared

0.00

None

0.00

BIOMARIN PHARMACEUTICAL INC

SOLE

NOTE 1.250% 5/1

Shares32.06M

TypePRN

Market value$30.90M

2.25%

Sole

32.06M

Shared

0.00

None

0.00

TRIPADVISOR INC

SOLE

NOTE 0.250% 4/0

Shares30M

TypePRN

Market value$29.63M

2.16%

Sole

30M

Shared

0.00

None

0.00

CONFLUENT INC

SOLE

NOTE 1/1

Shares30M

TypePRN

Market value$29.25M

2.13%

Sole

30M

Shared

0.00

None

0.00

ETSY INC

SOLE

NOTE 0.125% 9/0

Shares30M

TypePRN

Market value$27.84M

2.03%

Sole

30M

Shared

0.00

None

0.00

BILL HOLDINGS INC

SOLE

NOTE 4/0

Shares30M

TypePRN

Market value$27.71M

2.02%

Sole

30M

Shared

0.00

None

0.00

FIVE9 INC

SOLE

NOTE 1.000% 3/1

Shares30M

TypePRN

Market value$27.07M

1.97%

Sole

30M

Shared

0.00

None

0.00

VARONIS SYS INC

SOLE

NOTE 1.000% 9/1

Shares28.67M

TypePRN

Market value$26.70M

1.95%

Sole

28.67M

Shared

0.00

None

0.00

PAR TECHNOLOGY CORP

SOLE

NOTE 1.500%10/1

Shares24.50M

TypePRN

Market value$24.01M

1.75%

Sole

24.50M

Shared

0.00

None

0.00

MICROCHIP TECHNOLOGY INC.

SOLE

NOTE 0.750% 6/0

Shares24.17M

TypePRN

Market value$23.71M

1.73%

Sole

24.17M

Shared

0.00

None

0.00

ADVANCED ENERGY INDS

SOLE

NOTE 2.500% 9/1

Shares14.34M

TypePRN

Market value$23.57M

1.72%

Sole

14.34M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
BLOCK INCSOLE	NOTE 0.250%11/0	137.50M	PRN	$127.29M 9.28%	137.50M
FASTLY INCSOLE	NOTE 7.750% 6/0	89.65M	PRN	$100.18M 7.30%	89.65M
LIVE NATION ENTERTAINMENT INSOLE	NOTE 3.125% 1/1	59.38M	PRN	$86.39M 6.30%	59.38M
TELADOC HEALTH INCSOLE	NOTE 1.250% 6/0	70M	PRN	$66.67M 4.86%	70M
SNAP INCSOLE	NOTE 0.125% 3/0	69.45M	PRN	$63.38M 4.62%	69.45M
BENTLEY SYS INCSOLE	NOTE 0.375% 7/0	64M	PRN	$60.32M 4.40%	64M
ENPHASE ENERGY INCSOLE	NOTE 3/0	55M	PRN	$54.52M 3.97%	55M
DEXCOM INCSOLE	NOTE 0.375% 5/1	58M	PRN	$53.55M 3.90%	58M
TRANSMEDICS GROUP INCSOLE	NOTE 1.500% 6/0	35M	PRN	$52.54M 3.83%	35M
RAPID7 INCSOLE	NOTE 0.250% 3/1	48.25M	PRN	$45.93M 3.35%	48.25M
MARA HOLDINGS INCSOLE	NOTE 6/0	51.09M	PRN	$43.11M 3.14%	51.09M
BLACKLINE INCSOLE	NOTE 1.000% 6/0	34.94M	PRN	$37.04M 2.70%	34.94M
WORKIVA INCSOLE	NOTE 1.250% 8/1	34M	PRN	$33.77M 2.46%	34M
DRAFTKINGS INC NEWSOLE	NOTE 3/1	34.75M	PRN	$31.87M 2.32%	34.75M
ALIBABA GROUP HLDG LTDSOLE	NOTE 0.500% 6/0	20M	PRN	$31.13M 2.27%	20M
BIOMARIN PHARMACEUTICAL INCSOLE	NOTE 1.250% 5/1	32.06M	PRN	$30.90M 2.25%	32.06M
TRIPADVISOR INCSOLE	NOTE 0.250% 4/0	30M	PRN	$29.63M 2.16%	30M
CONFLUENT INCSOLE	NOTE 1/1	30M	PRN	$29.25M 2.13%	30M
ETSY INCSOLE	NOTE 0.125% 9/0	30M	PRN	$27.84M 2.03%	30M
BILL HOLDINGS INCSOLE	NOTE 4/0	30M	PRN	$27.71M 2.02%	30M
FIVE9 INCSOLE	NOTE 1.000% 3/1	30M	PRN	$27.07M 1.97%	30M
VARONIS SYS INCSOLE	NOTE 1.000% 9/1	28.67M	PRN	$26.70M 1.95%	28.67M
PAR TECHNOLOGY CORPSOLE	NOTE 1.500%10/1	24.50M	PRN	$24.01M 1.75%	24.50M
MICROCHIP TECHNOLOGY INC.SOLE	NOTE 0.750% 6/0	24.17M	PRN	$23.71M 1.73%	24.17M
ADVANCED ENERGY INDSSOLE	NOTE 2.500% 9/1	14.34M	PRN	$23.57M 1.72%	14.34M

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