WHITEBOX ADVISORS LLC

Filed: 8/14/2026ACC: 0001257391-26-000006

📋 What this filing means

WHITEBOX ADVISORS LLC filed this quarterly 13F‑HR report disclosing 664 equity positions with a total reported market value of $7.65B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

664

Positions

$7.65B

Total AUM (reported)

3.36B

Total Shares

Allocation by class

COM$1.21B15.8%

NOTE 6/1$693.94M9.1%

TR UNIT$373.38M4.9%

NOTE 10/0$369.18M4.8%

NOTE 3.875%11/3$319.11M4.2%

NOTE 3.500%12/0$299.35M3.9%

NOTE 0.500% 6/0$226.94M3.0%

Portfolio Concentration

Top 3$991.85M13.0%

4–10$1.43B18.7%

11–25$1.89B24.7%

Rest$3.33B43.6%

Top 3 weight

13.0%

Top 10 weight

31.7%

Voting Authority Distribution

Total shares with voting rights: 3.32B

Sole

Full voting authority

3.32B

% 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)

Sole664

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings664

Rows:

STATE STR SPDR S&P 500 ETF T

SOLE

TR UNIT

Shares500K

TypeSH

Market value$373.38M

4.88%

Sole

500K

Shared

0.00

None

0.00

ECHOSTAR CORP

SOLE

NOTE 3.875%11/3

Shares102.20M

TypePRN

Market value$319.11M

4.17%

Sole

102.20M

Shared

0.00

None

0.00

SPHERE ENTERTAINMENT CO

SOLE

NOTE 3.500%12/0

Shares61.12M

TypePRN

Market value$299.35M

3.91%

Sole

61.12M

Shared

0.00

None

0.00

SNOWFLAKE INC

SOLE

NOTE 10/0

Shares145.31M

TypePRN

Market value$256.92M

3.36%

Sole

145.31M

Shared

0.00

None

0.00

ALIBABA GROUP HLDG LTD

SOLE

NOTE 0.500% 6/0

Shares192.40M

TypePRN

Market value$226.94M

2.97%

Sole

192.40M

Shared

0.00

None

0.00

SUPER MICRO COMPUTER INC

SOLE

NOTE 6/1

Shares240.25M

TypePRN

Market value$213.22M

2.79%

Sole

240.25M

Shared

0.00

None

0.00

APPLIED DIGITAL CORP

SOLE

NOTE 2.750% 6/0

Shares50.70M

TypePRN

Market value$201.86M

2.64%

Sole

50.70M

Shared

0.00

None

0.00

GAMESTOP CORP

SOLE

NOTE 4/0

Shares194.35M

TypePRN

Market value$198.04M

2.59%

Sole

194.35M

Shared

0.00

None

0.00

GAMESTOP CORP

SOLE

NOTE 6/1

Shares174M

TypePRN

Market value$176.26M

2.30%

Sole

174M

Shared

0.00

None

0.00

PENUMBRA INC

SOLE

COM

Shares506.88K

TypeSH

Market value$160.05M

2.09%

Sole

506.88K

Shared

0.00

None

0.00

ISHARES TR

SOLE

RUSSELL 2000 ETF

Shares500K

TypeSH

Market value$150.22M

1.96%

Sole

500K

Shared

0.00

None

0.00

CLOUDFLARE INC

SOLE

NOTE 6/1

Shares118.27M

TypePRN

Market value$149.61M

1.96%

Sole

118.27M

Shared

0.00

None

0.00

BIO-TECHNE CORP

SOLE

COM

Shares2.10M

TypeSH

Market value$148.37M

1.94%

Sole

2.10M

Shared

0.00

None

0.00

COINBASE GLOBAL INC

SOLE

NOTE 0.250% 4/0

Shares164.46M

TypePRN

Market value$147.35M

1.93%

Sole

164.46M

Shared

0.00

None

0.00

UBER TECHNOLOGIES INC

SOLE

NOTE 5/1

Shares125M

TypePRN

Market value$144.28M

1.89%

Sole

125M

Shared

0.00

None

0.00

NVIDIA CORPORATION

SOLE

COM

Shares700K

TypeSH

Market value$140.06M

1.83%

Sole

700K

Shared

0.00

None

0.00

NEBIUS GROUP N.V.

SOLE

SHS CLASS A

Shares500K

TypeSH

Market value$138.09M

1.80%

Sole

500K

Shared

0.00

None

0.00

SUPER MICRO COMPUTER INC

SOLE

COM NEW

Shares4.10M

TypeSH

Market value$120.25M

1.57%

Sole

4.10M

Shared

0.00

None

0.00

WEBSTER FINL CORP

SOLE

COM

Shares1.56M

TypeSH

Market value$119.22M

1.56%

Sole

1.56M

Shared

0.00

None

0.00

SNOWFLAKE INC

SOLE

NOTE 10/0

Shares67.50M

TypePRN

Market value$112.27M

1.47%

Sole

67.50M

Shared

0.00

None

0.00

TRIP COM GROUP LTD

SOLE

NOTE 0.750% 6/1

Shares112.23M

TypePRN

Market value$110.49M

1.44%

Sole

112.23M

Shared

0.00

None

0.00

GDS HLDGS LTD

SOLE

NOTE 2.250% 6/0

Shares89.20M

TypePRN

Market value$108.03M

1.41%

Sole

89.20M

Shared

0.00

None

0.00

STRATEGY INC

SOLE

NOTE 2.250% 6/1

Shares112M

TypePRN

Market value$107.80M

1.41%

Sole

112M

Shared

0.00

None

0.00

CAESARS ENTERTAINMENT INC NE

SOLE

COM

Shares3.38M

TypeSH

Market value$101.99M

1.33%

Sole

3.38M

Shared

0.00

None

0.00

TAIWAN SEMICONDUCTOR MANUFAC

SOLE

SPONSORED ADS

Shares200K

TypeSH

Market value$95.51M

1.25%

Sole

200K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
STATE STR SPDR S&P 500 ETF TSOLE	TR UNIT	500K	SH	$373.38M 4.88%	500K
ECHOSTAR CORPSOLE	NOTE 3.875%11/3	102.20M	PRN	$319.11M 4.17%	102.20M
SPHERE ENTERTAINMENT COSOLE	NOTE 3.500%12/0	61.12M	PRN	$299.35M 3.91%	61.12M
SNOWFLAKE INCSOLE	NOTE 10/0	145.31M	PRN	$256.92M 3.36%	145.31M
ALIBABA GROUP HLDG LTDSOLE	NOTE 0.500% 6/0	192.40M	PRN	$226.94M 2.97%	192.40M
SUPER MICRO COMPUTER INCSOLE	NOTE 6/1	240.25M	PRN	$213.22M 2.79%	240.25M
APPLIED DIGITAL CORPSOLE	NOTE 2.750% 6/0	50.70M	PRN	$201.86M 2.64%	50.70M
GAMESTOP CORPSOLE	NOTE 4/0	194.35M	PRN	$198.04M 2.59%	194.35M
GAMESTOP CORPSOLE	NOTE 6/1	174M	PRN	$176.26M 2.30%	174M
PENUMBRA INCSOLE	COM	506.88K	SH	$160.05M 2.09%	506.88K
ISHARES TRSOLE	RUSSELL 2000 ETF	500K	SH	$150.22M 1.96%	500K
CLOUDFLARE INCSOLE	NOTE 6/1	118.27M	PRN	$149.61M 1.96%	118.27M
BIO-TECHNE CORPSOLE	COM	2.10M	SH	$148.37M 1.94%	2.10M
COINBASE GLOBAL INCSOLE	NOTE 0.250% 4/0	164.46M	PRN	$147.35M 1.93%	164.46M
UBER TECHNOLOGIES INCSOLE	NOTE 5/1	125M	PRN	$144.28M 1.89%	125M
NVIDIA CORPORATIONSOLE	COM	700K	SH	$140.06M 1.83%	700K
NEBIUS GROUP N.V.SOLE	SHS CLASS A	500K	SH	$138.09M 1.80%	500K
SUPER MICRO COMPUTER INCSOLE	COM NEW	4.10M	SH	$120.25M 1.57%	4.10M
WEBSTER FINL CORPSOLE	COM	1.56M	SH	$119.22M 1.56%	1.56M
SNOWFLAKE INCSOLE	NOTE 10/0	67.50M	PRN	$112.27M 1.47%	67.50M
TRIP COM GROUP LTDSOLE	NOTE 0.750% 6/1	112.23M	PRN	$110.49M 1.44%	112.23M
GDS HLDGS LTDSOLE	NOTE 2.250% 6/0	89.20M	PRN	$108.03M 1.41%	89.20M
STRATEGY INCSOLE	NOTE 2.250% 6/1	112M	PRN	$107.80M 1.41%	112M
CAESARS ENTERTAINMENT INC NESOLE	COM	3.38M	SH	$101.99M 1.33%	3.38M
TAIWAN SEMICONDUCTOR MANUFACSOLE	SPONSORED ADS	200K	SH	$95.51M 1.25%	200K

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