Filed: 5/13/2025ACC: 0001420506-25-000990
📋 What this filing means
ZAZOVE ASSOCIATES LLC filed this quarterly 13F‑HR report disclosing 152 equity positions with a total reported market value of $1.17B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
152
Positions
$1.17B
Total AUM (reported)
1.07B
Total Shares
Allocation by class
DBCV 2.250% 8/1$69.83M6.0%
NOTE 2.625% 3/0$69.10M5.9%
NOTE 3.750% 6/0$62.49M5.3%
MTNF 0.600% 5/2$57.70M4.9%
NOTE 1.125% 2/1$57.61M4.9%
NOTE 1.500% 3/0$56.72M4.9%
NOTE 3/1$54.13M4.6%
Portfolio Concentration
Top 3$201.43M17.2%
4–10$338.64M29.0%
11–25$354.55M30.3%
Rest$273.72M23.4%
Top 3 weight
17.2%
Top 10 weight
46.2%
Voting Authority Distribution
Total shares with voting rights: 26.77M
Sole
Full voting authority
26.77M
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)
Sole152
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings152
Rows:
TETRA TECH INC NEW
SOLEShares67.53M
TypePRN
Market value$69.83M
5.98%
Sole
0.00
Shared
0.00
None
0.00
PARSONS CORP DEL
SOLEShares69.06M
TypePRN
Market value$69.10M
5.91%
Sole
0.00
Shared
0.00
None
0.00
VENTAS RLTY LTD PARTNERSHIP
SOLEShares48.49M
TypePRN
Market value$62.49M
5.35%
Sole
0.00
Shared
0.00
None
0.00
BOFA FIN LLC
SOLEShares57.88M
TypePRN
Market value$57.70M
4.94%
Sole
0.00
Shared
0.00
None
0.00
GLOBAL PMTS INC
SOLEShares60.13M
TypePRN
Market value$56.72M
4.85%
Sole
0.00
Shared
0.00
None
0.00
DUKE ENERGY CORP NEW
SOLEShares47.53M
TypePRN
Market value$51.54M
4.41%
Sole
0.00
Shared
0.00
None
0.00
PPL CAP FDG INC
SOLEShares42.72M
TypePRN
Market value$47.94M
4.10%
Sole
0.00
Shared
0.00
None
0.00
AKAMAI TECHNOLOGIES INC
SOLEShares48.42M
TypePRN
Market value$46.07M
3.94%
Sole
0.00
Shared
0.00
None
0.00
TYLER TEX INDPT SCH DIST
SOLEShares32.65M
TypePRN
Market value$39.68M
3.40%
Sole
0.00
Shared
0.00
None
0.00
ADVANCED ENERGY INDS
SOLEShares38.05M
TypePRN
Market value$39.00M
3.34%
Sole
0.00
Shared
0.00
None
0.00
LIBERTY MEDIA CORP DEL
SOLEShares33.23M
TypePRN
Market value$34.39M
2.94%
Sole
0.00
Shared
0.00
None
0.00
AMERICAN WTR CAP CORP
SOLEShares29.05M
TypePRN
Market value$29.81M
2.55%
Sole
0.00
Shared
0.00
None
0.00
SPOTIFY USA INC
SOLEShares24.86M
TypePRN
Market value$29.67M
2.54%
Sole
0.00
Shared
0.00
None
0.00
ALNYLAM PHARMACEUTICALS INC
SOLEShares25.48M
TypePRN
Market value$29.41M
2.52%
Sole
0.00
Shared
0.00
None
0.00
REPLIGEN CORP
SOLEShares26.95M
TypePRN
Market value$26.58M
2.28%
Sole
0.00
Shared
0.00
None
0.00
EVERGY INC
SOLEShares22.45M
TypePRN
Market value$26.39M
2.26%
Sole
0.00
Shared
0.00
None
0.00
FLUOR CORP
SOLEShares23.19M
TypePRN
Market value$24.62M
2.11%
Sole
0.00
Shared
0.00
None
0.00
NUTANIX INC
SOLEShares18.17M
TypePRN
Market value$24.16M
2.07%
Sole
0.00
Shared
0.00
None
0.00
FORD MTR CO
SOLEShares23.36M
TypePRN
Market value$22.87M
1.96%
Sole
0.00
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares17.70M
TypePRN
Market value$21.52M
1.84%
Sole
0.00
Shared
0.00
None
0.00
FIVE9 INC
SOLEShares21.61M
TypePRN
Market value$18.41M
1.58%
Sole
0.00
Shared
0.00
None
0.00
BRAEMAR HOTELS & RESORTS INC
SOLEShares18.14M
TypePRN
Market value$17.07M
1.46%
Sole
0.00
Shared
0.00
None
0.00
SOUTHERN CO
SOLEShares15.20M
TypePRN
Market value$17.02M
1.46%
Sole
0.00
Shared
0.00
None
0.00
EQUINOX GOLD CORP
SOLEShares12.60M
TypePRN
Market value$16.95M
1.45%
Sole
0.00
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares14.76M
TypePRN
Market value$15.67M
1.34%
Sole
0.00
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TETRA TECH INC NEWSOLE | DBCV 2.250% 8/1 | 67.53M | PRN | $69.83M 5.98% | 0.00 | 0.00 | 0.00 |
PARSONS CORP DELSOLE | NOTE 2.625% 3/0 | 69.06M | PRN | $69.10M 5.91% | 0.00 | 0.00 | 0.00 |
VENTAS RLTY LTD PARTNERSHIPSOLE | NOTE 3.750% 6/0 | 48.49M | PRN | $62.49M 5.35% | 0.00 | 0.00 | 0.00 |
BOFA FIN LLCSOLE | MTNF 0.600% 5/2 | 57.88M | PRN | $57.70M 4.94% | 0.00 | 0.00 | 0.00 |
GLOBAL PMTS INCSOLE | NOTE 1.500% 3/0 | 60.13M | PRN | $56.72M 4.85% | 0.00 | 0.00 | 0.00 |
DUKE ENERGY CORP NEWSOLE | NOTE 4.125% 4/1 | 47.53M | PRN | $51.54M 4.41% | 0.00 | 0.00 | 0.00 |
PPL CAP FDG INCSOLE | NOTE 2.875% 3/1 | 42.72M | PRN | $47.94M 4.10% | 0.00 | 0.00 | 0.00 |
AKAMAI TECHNOLOGIES INCSOLE | NOTE 1.125% 2/1 | 48.42M | PRN | $46.07M 3.94% | 0.00 | 0.00 | 0.00 |
TYLER TEX INDPT SCH DISTSOLE | NOTE 0.250% 3/1 | 32.65M | PRN | $39.68M 3.40% | 0.00 | 0.00 | 0.00 |
ADVANCED ENERGY INDSSOLE | NOTE 2.500% 9/1 | 38.05M | PRN | $39.00M 3.34% | 0.00 | 0.00 | 0.00 |
LIBERTY MEDIA CORP DELSOLE | NOTE 3.750% 3/1 | 33.23M | PRN | $34.39M 2.94% | 0.00 | 0.00 | 0.00 |
AMERICAN WTR CAP CORPSOLE | NOTE 3.625% 6/1 | 29.05M | PRN | $29.81M 2.55% | 0.00 | 0.00 | 0.00 |
SPOTIFY USA INCSOLE | NOTE 3/1 | 24.86M | PRN | $29.67M 2.54% | 0.00 | 0.00 | 0.00 |
ALNYLAM PHARMACEUTICALS INCSOLE | NOTE 1.000% 9/1 | 25.48M | PRN | $29.41M 2.52% | 0.00 | 0.00 | 0.00 |
REPLIGEN CORPSOLE | NOTE 1.000%12/1 | 26.95M | PRN | $26.58M 2.28% | 0.00 | 0.00 | 0.00 |
EVERGY INCSOLE | NOTE 4.500%12/1 | 22.45M | PRN | $26.39M 2.26% | 0.00 | 0.00 | 0.00 |
FLUOR CORPSOLE | NOTE 1.125% 8/1 | 23.19M | PRN | $24.62M 2.11% | 0.00 | 0.00 | 0.00 |
NUTANIX INCSOLE | NOTE 0.250%10/0 | 18.17M | PRN | $24.16M 2.07% | 0.00 | 0.00 | 0.00 |
FORD MTR COSOLE | NOTE 3/1 | 23.36M | PRN | $22.87M 1.96% | 0.00 | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | NOTE 0.875%12/0 | 17.70M | PRN | $21.52M 1.84% | 0.00 | 0.00 | 0.00 |
FIVE9 INCSOLE | NOTE 1.000% 3/1 | 21.61M | PRN | $18.41M 1.58% | 0.00 | 0.00 | 0.00 |
BRAEMAR HOTELS & RESORTS INCSOLE | NOTE 4.500% 6/0 | 18.14M | PRN | $17.07M 1.46% | 0.00 | 0.00 | 0.00 |
SOUTHERN COSOLE | NOTE 3.875%12/1 | 15.20M | PRN | $17.02M 1.46% | 0.00 | 0.00 | 0.00 |
EQUINOX GOLD CORPSOLE | NOTE 4.750%10/1 | 12.60M | PRN | $16.95M 1.45% | 0.00 | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | NOTE 12/1 | 14.76M | PRN | $15.67M 1.34% | 0.00 | 0.00 | 0.00 |
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