Paloma Partners Management Co

GREENWICH, CT · CIK 1103882 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2011 · corporation

Assets managed$30.3bn
Staff64 · 30 in investment roles
Main clients (by assets)Private funds 100%
Private funds4 (4 hedge) · $32.0bn gross assets
Form ADV · 2026-05-20SEC adviser record

Legal entityPALOMA PARTNERS MANAGEMENT COMPANY (US)

$420.9m reported value +137.6% vs Q1 2026

19positions

96.0%in top 10

15 new 2 added 1 reduced 39 sold out vs Q1 2026

Options: 7 call positions ($337.3m notional), 2 put positions ($605.6m notional) – listed below, not included above.

This report includes the holdings of 1 other manager that shares the investment decisions:

Paloma Partners Advisors LP – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	GUARDANT HEALTH INC DEBT 1.250% 2/1 · principal GH 1.25 02.15.31 · principal	GH 1.25 02.15.31	33,863,000	$85.3m20.28%	20.28%	New
2	ALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 · principal BABA 0.5 06.01.31 · principal	BABA 0.5 06.01.31	57,000,000	$67.3m15.99%	15.99%	Added +22.0m	+22,000,000 62.9%
3	BRIDGEBIO PHARMA INC NOTE 1.750% 3/0 · principal BBIO 1.75 03.01.31 · principal	BBIO 1.75 03.01.31	33,000,000	$55.8m13.26%	13.26%	New
4	CLOUDFLARE INC NOTE 6/1 · principal NET 0 06.15.30 · principal	NET 0 06.15.30	39,532,000	$50.2m11.93%	11.93%	New
5	SNOWFLAKE INC NOTE 10/0 · principal SNOW 0 10.01.29 · principal	SNOW 0 10.01.29	24,300,000	$43.0m10.22%	10.22%	New
6	TRIP COM GROUP LTD NOTE 0.750% 6/1 · principal TCOM 0.75 06.15.29 · principal	TCOM 0.75 06.15.29	41,081,000	$40.5m9.63%	9.63%	Added +31.1m	+31,081,000 310.8%
7	GAMESTOP CORP NOTE 6/1 · principal GME 0 06.15.32 · principal	GME 0 06.15.32	23,185,000	$23.6m5.60%	5.60%	New
8	CHEESECAKE FACTORY INC NOTE 2.000% 3/1 · principal CAKE 2 03.15.30 · principal	CAKE 2 03.15.30	11,800,000	$15.1m3.59%	3.59%	New
9	RIVIAN AUTOMOTIVE INC NOTE 3.625%10/1 · principal RIVN 3.625 10.15.30 · principal	RIVN 3.625 10.15.30	11,830,000	$12.8m3.03%	3.03%	New
10	CYBERARK SOFTWARE LTD NOTE 6/1 · principal CYBR 0 06.15.30 · principal	CYBR 0 06.15.30	6,300,000	$10.5m2.49%	2.49%	New
11	ACP HOLDINGS ACQUISITION COR CL A ACGC	ACGC	578,500	$5.8m1.37%	1.37%	New
12	JETBLUE AIRWAYS CORP NOTE 2.500% 9/0 · principal JBLU 2.5 09.01.29 · principal	JBLU 2.5 09.01.29	4,000,000	$4.5m1.06%	1.06%	New
13	INTERPRIVATE INVTS PARTNERS UNIT 05/27/2031 IPVVU	IPVVU	140,000	$1.4m0.33%	0.33%	New
14	CENTURI HOLDINGS INC COM SHS CTRI	CTRI	41,841	$1.3m0.30%	0.30%	Reduced -577.8k	-577,833 -93.2%
15	ANGEL STUDIOS INC CL A COM ANGX	ANGX	325,000	$1.2m0.28%	0.28%	New
16	NUVATION BIO INC NOTE 0.750% 7/0 · principal NUVB 0.75 07.01.32 · principal	NUVB 0.75 07.01.32	1,000,000	$1.0m0.25%	0.25%	New
17	CNFINANCE HLDGS LTD SPONSORED ADS CNF	CNF	305,337	$845.8k0.20%	0.20%	Unchanged
18	BITDEER TECHNOLOGIES GROUP CL A ORD SHS BTDR	BTDR	50,000	$793.5k0.19%	0.19%	New
19	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	101	$75.4k0.02%	0.02%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
VIASAT INC VSAT	VSAT	273,560	$12.5m273.6k shares
BROADCOM INC AVGO	AVGO	22,000	$6.8m22.0k shares
INTEL CORP INTC	INTC	150,000	$6.6m150.0k shares
AMAZON COM INC AMZN	AMZN	25,000	$5.2m25.0k shares
TAKE-TWO INTERACTIVE SOFTWAR TTWO	TTWO	22,000	$4.3m22.0k shares
ARISTA NETWORKS INC ANET	ANET	34,000	$4.2m34.0k shares
NIO INC NIO 4.625 10.15.30	NIO 4.625 10.15.30	4,000,000	$4.1m4.0m shares
RED ROCK RESORTS INC RRR	RRR	65,000	$3.5m65.0k shares
WYNDHAM HOTELS & RESORTS INC WH	WH	41,000	$3.3m41.0k shares
ALTICE USA INC OPTU	OPTU	2,363,922	$3.1m2.4m shares
HOST HOTELS & RESORTS INC HST	HST	155,000	$3.0m155.0k shares
PENN ENTERTAINMENT INC PENN	PENN	190,000	$2.9m190.0k shares
META PLATFORMS INC META	META	4,750	$2.7m4.8k shares
INTERNATIONAL BUSINESS MACHS IBM	IBM	10,000	$2.4m10.0k shares
SEMTECH CORP SMTC	SMTC	31,500	$2.4m31.5k shares
LAM RESEARCH CORP LRCX	LRCX	11,000	$2.4m11.0k shares
VAIL RESORTS INC MTN	MTN	17,000	$2.2m17.0k shares
DUTCH BROS INC BROS	BROS	42,000	$2.1m42.0k shares
ASML HOLDING N V ASML	ASML	1,500	$2.0m1.5k shares
BOYD GAMING CORP BYD	BYD	23,000	$1.9m23.0k shares
LIFE TIME GROUP HOLDINGS INC LTH	LTH	70,000	$1.9m70.0k shares
LAS VEGAS SANDS CORP LVS	LVS	34,796	$1.9m34.8k shares
NOKIA CORP NOK	NOK	215,000	$1.7m215.0k shares
ROGERS CORP ROG	ROG	16,000	$1.7m16.0k shares
CAESARS ENTERTAINMENT INC NE CZR	CZR	61,767	$1.6m61.8k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	722,500	$539.5m722.5k shares	New
BITDEER TECHNOLOGIES GROUP BTDR · Call	BTDR	Call	15,775,000	$250.3m15.8m shares	Added
ISHARES BITCOIN TRUST ETF IBIT · Put	IBIT	Put	1,985,000	$66.1m2.0m shares	New
VIASAT INC VSAT · Call	VSAT	Call	550,000	$49.4m550.0k shares	Added
HUDSON PACIFIC PROPERTIES IN HPP · Call	HPP	Call	1,400,000	$21.3m1.4m shares	Reduced
GOODYEAR TIRE & RUBR CO GT · Call	GT	Call	1,270,000	$8.4m1.3m shares	Reduced
NEWELL BRANDS INC NWL · Call	NWL	Call	800,000	$4.9m800.0k shares	Unchanged
ACP HOLDINGS ACQUISITION COR ACGC · Call	ACGC	Call	286,450	$2.8m286.4k shares	New
COLOMBIER ACQUISITION CORP I CLBR · Call	CLBR	Call	11,661	$119.5k11.7k shares	New

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
BITDEER TECHNOLOGIES GROUP BTDR · 13G · filed 2026-06-18	BTDR	9.0%≈ $288.6m	new	13G	2026-06-18