ZAZOVE ASSOCIATES LLC

Filed: 8/7/2023ACC: 0001009012-23-000007

📋 What this filing means

ZAZOVE ASSOCIATES LLC filed this quarterly 13F‑HR report disclosing 135 equity positions with a total reported market value of $1.10M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

135

Positions

$1.10M

Total AUM (reported)

940.08M

Total Shares

Allocation by class

NOTE 1.250% 5/0$70.7K6.4%

NOTE 0.375% 9/0$69.3K6.3%

NOTE 2.500% 4/0$64.1K5.8%

NOTE 0.250% 8/1$55.1K5.0%

COM$47.5K4.3%

DBCV 2.750% 6/0$41.6K3.8%

NOTE 2.000% 6/1$39.6K3.6%

Portfolio Concentration

Top 3$201.4K18.4%

4–10$265.4K24.2%

11–25$319.4K29.1%

Rest$310.9K28.3%

Top 3 weight

18.4%

Top 10 weight

42.5%

Voting Authority Distribution

Total shares with voting rights: 38.47M

Sole

Full voting authority

38.47M

% 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)

Sole135

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings135

Rows:

SOUTHWEST AIRLINES

SOLE

NOTE 1.250% 5/0

Shares61.20M

TypePRN

Market value$70.7K

6.44%

Sole

0.00

Shared

0.00

None

0.00

AKAMAI TECHNOLOGIES

SOLE

NOTE 0.375% 9/0

Shares68.62M

TypePRN

Market value$66.6K

6.07%

Sole

0.00

Shared

0.00

None

0.00

SSR MINING

SOLE

NOTE 2.500% 4/0

Shares58.35M

TypePRN

Market value$64.1K

5.84%

Sole

0.00

Shared

0.00

None

0.00

PARSONS

SOLE

NOTE 0.250% 8/1

Shares47.93M

TypePRN

Market value$55.1K

5.02%

Sole

0.00

Shared

0.00

None

0.00

NRG ENERGY

SOLE

DBCV 2.750% 6/0

Shares39.32M

TypePRN

Market value$41.6K

3.79%

Sole

0.00

Shared

0.00

None

0.00

JAZZ INVESTMENTS I

SOLE

NOTE 2.000% 6/1

Shares38.88M

TypePRN

Market value$39.6K

3.61%

Sole

0.00

Shared

0.00

None

0.00

SOLAREDGE TECHNOLOGIES

SOLE

NOTE 9/1

Shares30.89M

TypePRN

Market value$36.8K

3.35%

Sole

0.00

Shared

0.00

None

0.00

MGP INGREDIENTS

SOLE

NOTE 1.875%11/1

Shares26.46M

TypePRN

Market value$32.9K

3.00%

Sole

0.00

Shared

0.00

None

0.00

ENPHASE ENERGY

SOLE

NOTE 3/0

Shares31.74M

TypePRN

Market value$29.9K

2.73%

Sole

0.00

Shared

0.00

None

0.00

MIDDLEBY

SOLE

NOTE 1.000% 9/0

Shares23.70M

TypePRN

Market value$29.5K

2.69%

Sole

0.00

Shared

0.00

None

0.00

KAMAN

SOLE

NOTE 3.250% 5/0

Shares28.28M

TypePRN

Market value$27.3K

2.49%

Sole

0.00

Shared

0.00

None

0.00

CYBERARK SOFTWARE

SOLE

NOTE 11/1

Shares22.10M

TypePRN

Market value$25.1K

2.29%

Sole

0.00

Shared

0.00

None

0.00

DEXCOM INC

SOLE

NOTE 0.250%11/1

Shares22.13M

TypePRN

Market value$23.6K

2.16%

Sole

0.00

Shared

0.00

None

0.00

TYLER TECHNOLOGIES

SOLE

NOTE 0.250% 3/1

Shares22.76M

TypePRN

Market value$23.6K

2.15%

Sole

0.00

Shared

0.00

None

0.00

FORD MOTOR

SOLE

NOTE 3/1

Shares20.91M

TypePRN

Market value$22.9K

2.09%

Sole

0.00

Shared

0.00

None

0.00

ARES CAPITAL

SOLE

NOTE 4.625% 3/0

Shares22.21M

TypePRN

Market value$22.3K

2.04%

Sole

0.00

Shared

0.00

None

0.00

CRACKER BARREL OLD COUNTRY STORE

SOLE

NOTE 0.625% 6/1

Shares25.87M

TypePRN

Market value$22.0K

2.01%

Sole

0.00

Shared

0.00

None

0.00

JOHN BEAN TECHNOLOGIES

SOLE

NOTE 0.250% 5/1

Shares22.92M

TypePRN

Market value$21.8K

1.99%

Sole

0.00

Shared

0.00

None

0.00

BRAEMAR HOTELS & RESORTS

SOLE

NOTE 4.500% 6/0

Shares23.26M

TypePRN

Market value$21.7K

1.98%

Sole

0.00

Shared

0.00

None

0.00

MESA LABORATORIES

SOLE

NOTE 1.375% 8/1

Shares23.78M

TypePRN

Market value$21.4K

1.95%

Sole

0.00

Shared

0.00

None

0.00

PEBBLEBROOK HOTEL TRUST

SOLE

NOTE 1.750%12/1

Shares22.38M

TypePRN

Market value$19.0K

1.73%

Sole

0.00

Shared

0.00

None

0.00

OCCIDENTAL PETROLEUM

SOLE

*W EXP 08/03/202

Shares500K

TypeSH

Market value$18.4K

1.68%

Sole

500K

Shared

0.00

None

0.00

ASCENDIS PHARMA A/S

SOLE

NOTE 2.250% 4/0

Shares18.79M

TypePRN

Market value$17.2K

1.56%

Sole

0.00

Shared

0.00

None

0.00

BILL.COM HOLDINGS

SOLE

NOTE 12/0

Shares16.04M

TypePRN

Market value$16.8K

1.53%

Sole

0.00

Shared

0.00

None

0.00

LIBERTY MEDIA (SIRIUS XM BASKET)

SOLE

NOTE 1.375%10/1

Shares13.82M

TypePRN

Market value$16.1K

1.47%

Sole

0.00

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
SOUTHWEST AIRLINESSOLE	NOTE 1.250% 5/0	61.20M	PRN	$70.7K 6.44%	0.00
AKAMAI TECHNOLOGIESSOLE	NOTE 0.375% 9/0	68.62M	PRN	$66.6K 6.07%	0.00
SSR MININGSOLE	NOTE 2.500% 4/0	58.35M	PRN	$64.1K 5.84%	0.00
PARSONSSOLE	NOTE 0.250% 8/1	47.93M	PRN	$55.1K 5.02%	0.00
NRG ENERGYSOLE	DBCV 2.750% 6/0	39.32M	PRN	$41.6K 3.79%	0.00
JAZZ INVESTMENTS ISOLE	NOTE 2.000% 6/1	38.88M	PRN	$39.6K 3.61%	0.00
SOLAREDGE TECHNOLOGIESSOLE	NOTE 9/1	30.89M	PRN	$36.8K 3.35%	0.00
MGP INGREDIENTSSOLE	NOTE 1.875%11/1	26.46M	PRN	$32.9K 3.00%	0.00
ENPHASE ENERGYSOLE	NOTE 3/0	31.74M	PRN	$29.9K 2.73%	0.00
MIDDLEBYSOLE	NOTE 1.000% 9/0	23.70M	PRN	$29.5K 2.69%	0.00
KAMANSOLE	NOTE 3.250% 5/0	28.28M	PRN	$27.3K 2.49%	0.00
CYBERARK SOFTWARESOLE	NOTE 11/1	22.10M	PRN	$25.1K 2.29%	0.00
DEXCOM INCSOLE	NOTE 0.250%11/1	22.13M	PRN	$23.6K 2.16%	0.00
TYLER TECHNOLOGIESSOLE	NOTE 0.250% 3/1	22.76M	PRN	$23.6K 2.15%	0.00
FORD MOTORSOLE	NOTE 3/1	20.91M	PRN	$22.9K 2.09%	0.00
ARES CAPITALSOLE	NOTE 4.625% 3/0	22.21M	PRN	$22.3K 2.04%	0.00
CRACKER BARREL OLD COUNTRY STORESOLE	NOTE 0.625% 6/1	25.87M	PRN	$22.0K 2.01%	0.00
JOHN BEAN TECHNOLOGIESSOLE	NOTE 0.250% 5/1	22.92M	PRN	$21.8K 1.99%	0.00
BRAEMAR HOTELS & RESORTSSOLE	NOTE 4.500% 6/0	23.26M	PRN	$21.7K 1.98%	0.00
MESA LABORATORIESSOLE	NOTE 1.375% 8/1	23.78M	PRN	$21.4K 1.95%	0.00
PEBBLEBROOK HOTEL TRUSTSOLE	NOTE 1.750%12/1	22.38M	PRN	$19.0K 1.73%	0.00
OCCIDENTAL PETROLEUMSOLE	*W EXP 08/03/202	500K	SH	$18.4K 1.68%	500K
ASCENDIS PHARMA A/SSOLE	NOTE 2.250% 4/0	18.79M	PRN	$17.2K 1.56%	0.00
BILL.COM HOLDINGSSOLE	NOTE 12/0	16.04M	PRN	$16.8K 1.53%	0.00
LIBERTY MEDIA (SIRIUS XM BASKET)SOLE	NOTE 1.375%10/1	13.82M	PRN	$16.1K 1.47%	0.00

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