Filed: 2/13/2025ACC: 0001420506-25-000348
📋 What this filing means
ZAZOVE ASSOCIATES LLC filed this quarterly 13F‑HR report disclosing 132 equity positions with a total reported market value of $1.04B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
132
Positions
$1.04B
Total AUM (reported)
953.54M
Total Shares
Allocation by class
NOTE 3/1$78.19M7.5%
NOTE 3.750% 6/0$72.19M7.0%
MTNF 0.600% 5/2$58.96M5.7%
NOTE 1.125% 2/1$58.68M5.7%
NOTE 3.625% 6/1$48.65M4.7%
NOTE 4.125% 4/1$48.54M4.7%
NOTE 2.875% 3/1$44.40M4.3%
Portfolio Concentration
Top 3$179.80M17.3%
4–10$301.02M29.0%
11–25$312.34M30.1%
Rest$245.43M23.6%
Top 3 weight
17.3%
Top 10 weight
46.3%
Voting Authority Distribution
Total shares with voting rights: 25.22M
Sole
Full voting authority
25.22M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole132
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings132
Rows:
VENTAS RLTY LTD PARTNERSHIP
SOLEShares63.39M
TypePRN
Market value$72.19M
6.95%
Sole
0.00
Shared
0.00
None
0.00
BOFA FIN LLC
SOLEShares57.65M
TypePRN
Market value$58.96M
5.68%
Sole
0.00
Shared
0.00
None
0.00
AMERICAN WTR CAP CORP
SOLEShares49.23M
TypePRN
Market value$48.65M
4.68%
Sole
0.00
Shared
0.00
None
0.00
DUKE ENERGY CORP NEW
SOLEShares47.29M
TypePRN
Market value$48.54M
4.67%
Sole
0.00
Shared
0.00
None
0.00
AKAMAI TECHNOLOGIES INC
SOLEShares48.37M
TypePRN
Market value$47.25M
4.55%
Sole
0.00
Shared
0.00
None
0.00
PPL CAP FDG INC
SOLEShares42.50M
TypePRN
Market value$44.40M
4.27%
Sole
0.00
Shared
0.00
None
0.00
FORD MTR CO
SOLEShares44.36M
TypePRN
Market value$42.95M
4.14%
Sole
0.00
Shared
0.00
None
0.00
TETRA TECH INC NEW
SOLEShares35.78M
TypePRN
Market value$41.94M
4.04%
Sole
0.00
Shared
0.00
None
0.00
MGP INGREDIENTS INC NEW
SOLEShares42.12M
TypePRN
Market value$38.89M
3.74%
Sole
0.00
Shared
0.00
None
0.00
LIBERTY MEDIA CORP DEL
SOLEShares35.73M
TypePRN
Market value$37.04M
3.57%
Sole
0.00
Shared
0.00
None
0.00
SPOTIFY USA INC
SOLEShares31.23M
TypePRN
Market value$33.32M
3.21%
Sole
0.00
Shared
0.00
None
0.00
REPLIGEN CORP
SOLEShares28.71M
TypePRN
Market value$29.46M
2.84%
Sole
0.00
Shared
0.00
None
0.00
TYLER TEX INDPT SCH DIST
SOLEShares24.18M
TypePRN
Market value$29.38M
2.83%
Sole
0.00
Shared
0.00
None
0.00
EVERGY INC
SOLEShares22.45M
TypePRN
Market value$24.43M
2.35%
Sole
0.00
Shared
0.00
None
0.00
ADVANCED ENERGY INDS
SOLEShares21.43M
TypePRN
Market value$23.40M
2.25%
Sole
0.00
Shared
0.00
None
0.00
PG&E CORP
SOLEShares21.10M
TypePRN
Market value$22.96M
2.21%
Sole
0.00
Shared
0.00
None
0.00
NUTANIX INC
SOLEShares18.17M
TypePRN
Market value$21.99M
2.12%
Sole
0.00
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares17.57M
TypePRN
Market value$19.39M
1.87%
Sole
0.00
Shared
0.00
None
0.00
BRAEMAR HOTELS & RESORTS INC
SOLEShares18.14M
TypePRN
Market value$17.14M
1.65%
Sole
0.00
Shared
0.00
None
0.00
ASCENDIS PHARMA A/S
SOLEShares15.27M
TypePRN
Market value$16.85M
1.62%
Sole
0.00
Shared
0.00
None
0.00
EXPEDIA GROUP INC
SOLEShares16.29M
TypePRN
Market value$16.19M
1.56%
Sole
0.00
Shared
0.00
None
0.00
SOUTHERN CO
SOLEShares15.20M
TypePRN
Market value$16.02M
1.54%
Sole
0.00
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares14.76M
TypePRN
Market value$14.92M
1.44%
Sole
0.00
Shared
0.00
None
0.00
EQUINOX GOLD CORP
SOLEShares12.60M
TypePRN
Market value$13.87M
1.34%
Sole
0.00
Shared
0.00
None
0.00
ALNYLAM PHARMACEUTICALS INC
SOLEShares12.20M
TypePRN
Market value$13.03M
1.25%
Sole
0.00
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VENTAS RLTY LTD PARTNERSHIPSOLE | NOTE 3.750% 6/0 | 63.39M | PRN | $72.19M 6.95% | 0.00 | 0.00 | 0.00 |
BOFA FIN LLCSOLE | MTNF 0.600% 5/2 | 57.65M | PRN | $58.96M 5.68% | 0.00 | 0.00 | 0.00 |
AMERICAN WTR CAP CORPSOLE | NOTE 3.625% 6/1 | 49.23M | PRN | $48.65M 4.68% | 0.00 | 0.00 | 0.00 |
DUKE ENERGY CORP NEWSOLE | NOTE 4.125% 4/1 | 47.29M | PRN | $48.54M 4.67% | 0.00 | 0.00 | 0.00 |
AKAMAI TECHNOLOGIES INCSOLE | NOTE 1.125% 2/1 | 48.37M | PRN | $47.25M 4.55% | 0.00 | 0.00 | 0.00 |
PPL CAP FDG INCSOLE | NOTE 2.875% 3/1 | 42.50M | PRN | $44.40M 4.27% | 0.00 | 0.00 | 0.00 |
FORD MTR COSOLE | NOTE 3/1 | 44.36M | PRN | $42.95M 4.14% | 0.00 | 0.00 | 0.00 |
TETRA TECH INC NEWSOLE | DBCV 2.250% 8/1 | 35.78M | PRN | $41.94M 4.04% | 0.00 | 0.00 | 0.00 |
MGP INGREDIENTS INC NEWSOLE | NOTE 1.875%11/1 | 42.12M | PRN | $38.89M 3.74% | 0.00 | 0.00 | 0.00 |
LIBERTY MEDIA CORP DELSOLE | NOTE 3.750% 3/1 | 35.73M | PRN | $37.04M 3.57% | 0.00 | 0.00 | 0.00 |
SPOTIFY USA INCSOLE | NOTE 3/1 | 31.23M | PRN | $33.32M 3.21% | 0.00 | 0.00 | 0.00 |
REPLIGEN CORPSOLE | NOTE 1.000%12/1 | 28.71M | PRN | $29.46M 2.84% | 0.00 | 0.00 | 0.00 |
TYLER TEX INDPT SCH DISTSOLE | NOTE 0.250% 3/1 | 24.18M | PRN | $29.38M 2.83% | 0.00 | 0.00 | 0.00 |
EVERGY INCSOLE | NOTE 4.500%12/1 | 22.45M | PRN | $24.43M 2.35% | 0.00 | 0.00 | 0.00 |
ADVANCED ENERGY INDSSOLE | NOTE 2.500% 9/1 | 21.43M | PRN | $23.40M 2.25% | 0.00 | 0.00 | 0.00 |
PG&E CORPSOLE | NOTE 4.250%12/0 | 21.10M | PRN | $22.96M 2.21% | 0.00 | 0.00 | 0.00 |
NUTANIX INCSOLE | NOTE 0.250%10/0 | 18.17M | PRN | $21.99M 2.12% | 0.00 | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | NOTE 0.875%12/0 | 17.57M | PRN | $19.39M 1.87% | 0.00 | 0.00 | 0.00 |
BRAEMAR HOTELS & RESORTS INCSOLE | NOTE 4.500% 6/0 | 18.14M | PRN | $17.14M 1.65% | 0.00 | 0.00 | 0.00 |
ASCENDIS PHARMA A/SSOLE | NOTE 2.250% 4/0 | 15.27M | PRN | $16.85M 1.62% | 0.00 | 0.00 | 0.00 |
EXPEDIA GROUP INCSOLE | NOTE 2/1 | 16.29M | PRN | $16.19M 1.56% | 0.00 | 0.00 | 0.00 |
SOUTHERN COSOLE | NOTE 3.875%12/1 | 15.20M | PRN | $16.02M 1.54% | 0.00 | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | NOTE 12/1 | 14.76M | PRN | $14.92M 1.44% | 0.00 | 0.00 | 0.00 |
EQUINOX GOLD CORPSOLE | NOTE 4.750%10/1 | 12.60M | PRN | $13.87M 1.34% | 0.00 | 0.00 | 0.00 |
ALNYLAM PHARMACEUTICALS INCSOLE | NOTE 1.000% 9/1 | 12.20M | PRN | $13.03M 1.25% | 0.00 | 0.00 | 0.00 |
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