WARBERG ASSET MANAGEMENT LLC

Filed: 5/7/2026ACC: 0001597506-26-000002

📋 What this filing means

WARBERG ASSET MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 192 equity positions with a total reported market value of $599.63M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

192

Positions

$599.63M

Total AUM (reported)

124.01M

Total Shares

Allocation by class

PUT$244.11M40.7%

NOTE 0.500%12/1$68.51M11.4%

NOTE 3.500% 6/0$36.00M6.0%

NOTE 2.250% 5/0$34.42M5.7%

*W EXP 08/03/202$20.90M3.5%

NOTE 1.625% 2/1$20.44M3.4%

NOTE 3.125% 1/1$16.22M2.7%

Portfolio Concentration

Top 3$306.11M51.1%

4–10$130.44M21.8%

11–25$77.08M12.9%

Rest$85.99M14.3%

Top 3 weight

51.1%

Top 10 weight

72.8%

Voting Authority Distribution

Total shares with voting rights: 124.01M

Sole

Full voting authority

13.73M

% of voting shares11.1%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

110.28M

% of voting shares88.9%

Investment Discretion (by position count)

Sole192

Shared0

Other0

Dominant voting typeNone · 88.9% of voting shares

Institutional Holdings192

Rows:

STATE STR SPDR S&P 500 ETF T

SOLE

PUT

Shares310K

TypeSH

Market value$201.61M

33.62%

Sole

310K

Shared

0.00

None

0.00

LUMENTUM HLDGS INC

SOLE

NOTE 0.500%12/1

Shares9.70M

TypePRN

Market value$68.51M

11.42%

Sole

0.00

Shared

0.00

None

9.70M

SEAGATE HDD CAYMAN

SOLE

NOTE 3.500% 6/0

Shares7.59M

TypePRN

Market value$36.00M

6.00%

Sole

0.00

Shared

0.00

None

7.59M

CNX RES CORP

SOLE

NOTE 2.250% 5/0

Shares11.47M

TypePRN

Market value$34.42M

5.74%

Sole

0.00

Shared

0.00

None

11.47M

OCCIDENTAL PETE CORP

SOLE

*W EXP 08/03/202

Shares486.51K

TypeSH

Market value$20.90M

3.49%

Sole

486.51K

Shared

0.00

None

0.00

MICROCHIP TECHNOLOGY INC.

SOLE

NOTE 1.625% 2/1

Shares11.11M

TypePRN

Market value$20.44M

3.41%

Sole

0.00

Shared

0.00

None

11.11M

INVESCO QQQ TR

SOLE

PUT

Shares35K

TypeSH

Market value$20.20M

3.37%

Sole

35K

Shared

0.00

None

0.00

LIVE NATION ENTERTAINMENT IN

SOLE

NOTE 3.125% 1/1

Shares10.66M

TypePRN

Market value$16.22M

2.71%

Sole

0.00

Shared

0.00

None

10.66M

WISDOMTREE INC

SOLE

NOTE 3.250% 6/1

Shares7.71M

TypePRN

Market value$10.19M

1.70%

Sole

0.00

Shared

0.00

None

7.71M

VENTAS RLTY LTD PARTNERSHIP

SOLE

NOTE 3.750% 6/0

Shares5.39M

TypePRN

Market value$8.07M

1.35%

Sole

0.00

Shared

0.00

None

5.39M

LCI INDS

SOLE

NOTE 3.000% 3/0

Shares6.50M

TypePRN

Market value$7.85M

1.31%

Sole

0.00

Shared

0.00

None

6.50M

HALOZYME THERAPEUTICS INC

SOLE

NOTE 1.000% 8/1

Shares6M

TypePRN

Market value$7.72M

1.29%

Sole

0.00

Shared

0.00

None

CORNERSTONE STRATEGIC INVEST

SOLE

COM

Shares1.04M

TypeSH

Market value$7.59M

1.27%

Sole

1.04M

Shared

0.00

None

0.00

TXNM ENERGY INC

SOLE

NOTE 5.750% 6/0

Shares5M

TypePRN

Market value$6.67M

1.11%

Sole

0.00

Shared

0.00

None

ALNYLAM PHARMACEUTICALS INC

SOLE

NOTE 1.000% 9/1

Shares5M

TypePRN

Market value$6.42M

1.07%

Sole

0.00

Shared

0.00

None

ASTRONICS CORP

SOLE

NOTE 5.500% 3/1

Shares1.69M

TypePRN

Market value$5.20M

0.87%

Sole

0.00

Shared

0.00

None

1.69M

EXXON MOBIL CORP

SOLE

CALL

Shares30K

TypeSH

Market value$5.09M

0.85%

Sole

30K

Shared

0.00

None

0.00

UNITED STS OIL FD LP

SOLE

PUT

Shares39K

TypeSH

Market value$4.96M

0.83%

Sole

39K

Shared

0.00

None

0.00

SNOWFLAKE INC

SOLE

NOTE 10/0

Shares4M

TypePRN

Market value$4.89M

0.82%

Sole

0.00

Shared

0.00

None

ISHARES TR

SOLE

PUT

Shares50K

TypeSH

Market value$4.33M

0.72%

Sole

50K

Shared

0.00

None

0.00

NVIDIA CORPORATION

SOLE

PUT

Shares22K

TypeSH

Market value$3.84M

0.64%

Sole

22K

Shared

0.00

None

0.00

CENTERPOINT ENERGY INC

SOLE

NOTE 4.250% 8/1

Shares3M

TypePRN

Market value$3.56M

0.59%

Sole

0.00

Shared

0.00

None

WISDOMTREE INC

SOLE

NOTE 3.250% 8/1

Shares2.50M

TypePRN

Market value$3.34M

0.56%

Sole

0.00

Shared

0.00

None

2.50M

AKAMAI TECHNOLOGIES INC

SOLE

NOTE 1.125% 2/1

Shares2.50M

TypePRN

Market value$2.86M

0.48%

Sole

0.00

Shared

0.00

None

2.50M

ALBEMARLE CORP

SOLE

7.25% DEP SHS A

Shares38.50K

TypeSH

Market value$2.77M

0.46%

Sole

38.50K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
STATE STR SPDR S&P 500 ETF TSOLE	PUT	310K	SH	$201.61M 33.62%	310K	0.00
LUMENTUM HLDGS INCSOLE	NOTE 0.500%12/1	9.70M	PRN	$68.51M 11.42%	0.00	9.70M
SEAGATE HDD CAYMANSOLE	NOTE 3.500% 6/0	7.59M	PRN	$36.00M 6.00%	0.00	7.59M
CNX RES CORPSOLE	NOTE 2.250% 5/0	11.47M	PRN	$34.42M 5.74%	0.00	11.47M
OCCIDENTAL PETE CORPSOLE	*W EXP 08/03/202	486.51K	SH	$20.90M 3.49%	486.51K	0.00
MICROCHIP TECHNOLOGY INC.SOLE	NOTE 1.625% 2/1	11.11M	PRN	$20.44M 3.41%	0.00	11.11M
INVESCO QQQ TRSOLE	PUT	35K	SH	$20.20M 3.37%	35K	0.00
LIVE NATION ENTERTAINMENT INSOLE	NOTE 3.125% 1/1	10.66M	PRN	$16.22M 2.71%	0.00	10.66M
WISDOMTREE INCSOLE	NOTE 3.250% 6/1	7.71M	PRN	$10.19M 1.70%	0.00	7.71M
VENTAS RLTY LTD PARTNERSHIPSOLE	NOTE 3.750% 6/0	5.39M	PRN	$8.07M 1.35%	0.00	5.39M
LCI INDSSOLE	NOTE 3.000% 3/0	6.50M	PRN	$7.85M 1.31%	0.00	6.50M
HALOZYME THERAPEUTICS INCSOLE	NOTE 1.000% 8/1	6M	PRN	$7.72M 1.29%	0.00	6M
CORNERSTONE STRATEGIC INVESTSOLE	COM	1.04M	SH	$7.59M 1.27%	1.04M	0.00
TXNM ENERGY INCSOLE	NOTE 5.750% 6/0	5M	PRN	$6.67M 1.11%	0.00	5M
ALNYLAM PHARMACEUTICALS INCSOLE	NOTE 1.000% 9/1	5M	PRN	$6.42M 1.07%	0.00	5M
ASTRONICS CORPSOLE	NOTE 5.500% 3/1	1.69M	PRN	$5.20M 0.87%	0.00	1.69M
EXXON MOBIL CORPSOLE	CALL	30K	SH	$5.09M 0.85%	30K	0.00
UNITED STS OIL FD LPSOLE	PUT	39K	SH	$4.96M 0.83%	39K	0.00
SNOWFLAKE INCSOLE	NOTE 10/0	4M	PRN	$4.89M 0.82%	0.00	4M
ISHARES TRSOLE	PUT	50K	SH	$4.33M 0.72%	50K	0.00
NVIDIA CORPORATIONSOLE	PUT	22K	SH	$3.84M 0.64%	22K	0.00
CENTERPOINT ENERGY INCSOLE	NOTE 4.250% 8/1	3M	PRN	$3.56M 0.59%	0.00	3M
WISDOMTREE INCSOLE	NOTE 3.250% 8/1	2.50M	PRN	$3.34M 0.56%	0.00	2.50M
AKAMAI TECHNOLOGIES INCSOLE	NOTE 1.125% 2/1	2.50M	PRN	$2.86M 0.48%	0.00	2.50M
ALBEMARLE CORPSOLE	7.25% DEP SHS A	38.50K	SH	$2.77M 0.46%	38.50K	0.00

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