DLD Asset Management, LP

NEW YORK, NY · CIK 1578299 · 13F filing filed 2026-08-13

SEC-registered investment adviser since 2014 · limited partnership

Assets managed$3.0bn
Staff22 · 12 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $393.9m gross assets
Websitedldam.com
Form ADV · 2026-03-27SEC adviser record

Legal entityDLD ASSET MANAGEMENT, LP (US)

$1.2bn reported value +24.7% vs Q1 2026

392positions

54.2%in top 10

151 new 50 added 30 reduced 84 sold out vs Q1 2026

Options: 25 call positions ($95.5m notional), 31 put positions ($188.5m notional) – listed below, not included above.

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	ECHOSTAR CORP NOTE 3.875%11/3 · principal ECHO 3.875 11.30.30 · principal	ECHO 3.875 11.30.30	47,500,000	$148.7m12.09%	12.09%	Added +7.5m	+7,500,000 18.8%
2	IONIS PHARMACEUTICALS INC NOTE 1.750% 6/1 · principal IONS 1.75 06.15.28 · principal	IONS 1.75 06.15.28	60,000,000	$93.7m7.62%	7.62%	Added +5.0m	+5,000,000 9.1%
3	WOLFSPEED INC NOTE 2.500% 6/1 · principal WOLF 2.5 06.15.31 · principal	WOLF 2.5 06.15.31	20,500,000	$80.9m6.58%	6.58%	Unchanged
4	STRIDE INC NOTE 1.125% 9/0 · principal LRN 1.125 09.01.27 · principal	LRN 1.125 09.01.27	40,000,000	$67.7m5.50%	5.50%	Added +8.5m	+8,500,000 27.0%
5	CENTRUS ENERGY CORP NOTE 2.250%11/0 · principal LEU 2.25 11.01.30 · principal	LEU 2.25 11.01.30	29,500,000	$59.1m4.80%	4.80%	Added +9.5m	+9,500,000 47.5%
6	AKAMAI TECHNOLOGIES INC NOTE 0.250% 5/1 · principal AKAM 0.25 05.15.33 · principal	AKAM 0.25 05.15.33	40,000,000	$58.5m4.76%	4.76%	New
7	ON SEMICONDUCTOR CORP NOTE 5/0 · principal ON 0 05.01.27 · principal	ON 0 05.01.27	27,500,000	$50.2m4.08%	4.08%	New
8	BOFA FIN LLC MTNF 0.600% 5/2 · principal BAC 0.6 05.25.27 MTN · principal	BAC 0.6 05.25.27 MTN	35,500,000	$44.7m3.64%	3.64%	Reduced -2.0m	-2,000,000 -5.3%
9	FIRSTENERGY CORP NOTE 3.625% 1/1 · principal FE 3.625 01.15.29 · principal	FE 3.625 01.15.29	30,000,000	$32.9m2.67%	2.67%	New
10	ENCORE CAP GROUP INC NOTE 4.000% 3/1 · principal ECPG 4 03.15.29 · principal	ECPG 4 03.15.29	20,000,000	$30.9m2.51%	2.51%	New
11	PATRICK INDS INC NOTE 1.750%12/0 · principal PATK 1.75 12.01.28 · principal	PATK 1.75 12.01.28	20,500,000	$30.4m2.47%	2.47%	Added +15.0m	+15,000,000 272.7%
12	MERIT MED SYS INC NOTE 3.000% 2/0 · principal MMSI 3 02.01.29 · principal	MMSI 3 02.01.29	27,500,000	$29.7m2.41%	2.41%	New
13	T1 ENERGY INC NOTE 4.000% 4/1 · principal TE 4 04.15.31 · principal	TE 4 04.15.31	17,000,000	$29.3m2.38%	2.38%	New
14	SUPER MICRO COMPUTER INC NOTE 6/1 · principal SMCI 0 06.15.30 · principal	SMCI 0 06.15.30	32,500,000	$29.0m2.36%	2.36%	New
15	RIVIAN AUTOMOTIVE INC NOTE 3.625%10/1 · principal RIVN 3.625 10.15.30 · principal	RIVN 3.625 10.15.30	25,000,000	$26.8m2.18%	2.18%	New
16	STARWOOD PPTY TR INC NOTE 6.750% 7/1 · principal STWD 6.75 07.15.27 · principal	STWD 6.75 07.15.27	22,500,000	$22.9m1.86%	1.86%	Reduced -5.0m	-5,000,000 -18.2%
17	XEROX HOLDINGS CORP NOTE 3.750% 3/1 · principal XRX 3.75 03.15.30 · principal	XRX 3.75 03.15.30	35,000,000	$12.5m1.02%	1.02%	Unchanged
18	AMKOR TECHNOLOGY INC COM AMKR	AMKR	140,000	$12.1m0.98%	0.98%	New
19	AURORA INNOVATION INC CLASS A COM AUR	AUR	1,510,600	$10.3m0.84%	0.84%	New
20	MARTI TECHNOLOGIES INC SHS CL A MRT	MRT	7,063,117	$9.3m0.75%	0.75%	Added +497.0k	+497,000 7.6%
21	CYBERARK SOFTWARE LTD NOTE 6/1 · principal CYBR 0 06.15.30 · principal	CYBR 0 06.15.30	5,000,000	$8.3m0.68%	0.68%	New
22	NORFOLK SOUTHN CORP COM NSC	NSC	22,894	$7.2m0.59%	0.59%	Added +14.5k	+14,515 173.2%
23	DYNAMIX CORP SHS CL A DYNC	DYNC	650,777	$7.0m0.57%	0.57%	Added +266.6k	+266,614 69.4%
24	DIGITAL RLTY TR INC COM DLR	DLR	35,000	$6.3m0.51%	0.51%	New
25	YORKVILLE ACQUISITION CORP. SHS CL A MCGA	MCGA	613,910	$6.3m0.51%	0.51%	Reduced -27.2k	-27,227 -4.2%
26	SILA REALTY TRUST INC COMMON STOCK COMMON STOCK		182,600	$5.5m0.45%	0.45%	New
27	CAESARS ENTERTAINMENT INC NE COM CZR	CZR	169,500	$5.1m0.42%	0.42%	New
28	BOLD EAGLE ACQUISITION CORP CL A BEAG	BEAG	450,000	$4.8m0.39%	0.39%	Added +1.0k	+1,048 0.2%
29	CHURCHILL CAP CORP XI CL A ORD SHS CCXI	CCXI	275,000	$4.8m0.39%	0.39%	Added +196.2k	+196,196 249.0%
30	NOUVEAU MONDE GRAPHITE INC COM NEW NMG	NMG	3,198,671	$4.8m0.39%	0.39%	New
31	D. BORAL ARC ACQ I CORP. SHS CL A SHS CL A		424,828	$4.4m0.36%	0.36%	Added +24.8k	+24,828 6.2%
32	WARNER BROS DISCOVERY INC COM SER A WBD	WBD	154,600	$4.1m0.34%	0.34%	Added +126.2k	+126,200 444.4%
33	COLOMBIER ACQUISITION CORP I ORD SHS CL A CLBR	CLBR	400,000	$4.1m0.33%	0.33%	New
34	SILICON LABORATORIES INC COM SLAB	SLAB	18,712	$4.1m0.33%	0.33%	Added +15.1k	+15,062 412.7%
35	APARTMENT INVT & MGMT CO CL A AIV	AIV	1,277,578	$3.8m0.31%	0.31%	Added +206.6k	+206,600 19.3%
36	FUTURECREST ACQUISITION CORP CL A ORD SHS FCRS	FCRS	350,000	$3.6m0.29%	0.29%	Reduced -1.5k	-1,473 -0.4%
37	RICE ACQUISITION CORP 3 ORD SHS CL A KRSP	KRSP	309,891	$3.3m0.26%	0.26%	Unchanged
38	CHURCHILL CAP CORP XII UNIT 04/02/2031 CXIIU	CXIIU	300,000	$3.2m0.26%	0.26%	New
39	BERTO ACQUISITION CORP ORD SHS TACO	TACO	300,008	$3.1m0.26%	0.26%	Added +131.2k	+131,202 77.7%
40	INFLECTION PT ACQUISIT CORP CL A ORD SHS IPFX	IPFX	300,000	$3.1m0.25%	0.25%	New
41	BAIN CAP GSS INVT CORP ORD CL A BCSS	BCSS	300,000	$3.1m0.25%	0.25%	Added +24.0k	+23,955 8.7%
42	BERTO ACQUISITION CORP II UNIT 03/06/2031 GUACU	GUACU	300,000	$3.0m0.25%	0.25%	New
43	TALON CAP CORP ORD SHS CL A TLNC	TLNC	292,951	$3.0m0.25%	0.25%	Added +110	+110 0.0%
44	BLEICHROEDER ACQUISITI CORP USD CL A ORD SHS USD CL A ORD SHS		278,388	$2.9m0.23%	0.23%	Added +45.2k	+45,177 19.4%
45	DOMINION ENERGY INC COM D	D	41,249	$2.8m0.23%	0.23%	New
46	MOZAYYX ACQUISITION CORP ORD CL A MZYX	MZYX	274,620	$2.7m0.22%	0.22%	New
47	EQV VENTURES AC CORP. II ORD SHS CL A EVAC	EVAC	262,291	$2.7m0.22%	0.22%	Unchanged
48	WEN ACQUISITION CORP COM CL A WENN	WENN	250,341	$2.6m0.21%	0.21%	Reduced -83.0k	-83,000 -24.9%
49	GENERAL CATALYST GBL RESIL M UNIT 04/13/2031 GCGRU	GCGRU	250,000	$2.6m0.21%	0.21%	New
50	HCM III ACQUISITION CORP ORD SHS CL A HCMA	HCMA	250,000	$2.6m0.21%	0.21%	Unchanged
51	ARES ACQUISITION CORP III UNIT 99/99/9999 AAC.U	AAC.U	250,000	$2.5m0.20%	0.20%	New
52	D BORAL ACQUISITION I CORP ORD SHS CL A DBCA	DBCA	250,277	$2.5m0.20%	0.20%	Reduced -499.7k	-499,723 -66.6%
53	BLUE WTR ACQUISITION CORP. I ORD SHS CL A BLUW	BLUW	229,977	$2.4m0.19%	0.19%	Unchanged
54	KARBON CAP PARTNERS CORP ORD SHS CL A KBON	KBON	225,000	$2.3m0.18%	0.18%	Unchanged
55	AES CORP COM AES	AES	153,693	$2.3m0.18%	0.18%	Added +11.7k	+11,693 8.2%
56	BRIGHTHOUSE FINL INC COM BHF	BHF	35,448	$2.2m0.18%	0.18%	New
57	INFINITE EAGLE ACQUISITION C CL A IEAG	IEAG	220,000	$2.2m0.18%	0.18%	Unchanged
58	CANTOR EQUITY PARTNERS IV IN SHS CL A CEPF	CEPF	208,177	$2.2m0.18%	0.18%	Unchanged
59	ARCHIMEDES TECH SPAC PARTNER ORD SHS ORD SHS		195,453	$2.1m0.17%	0.17%	Added +45.5k	+45,453 30.3%
60	MAYWOOD ACQUISITION CORP ORD SHS CL A ORD SHS CL A		200,000	$2.1m0.17%	0.17%	Unchanged
61	TEXAS VENTURES ACQUISITION I USD CL A ORD SHS TVA	TVA	199,163	$2.1m0.17%	0.17%	Added +2.1k	+2,091 1.1%
62	RITHM ACQUISITION CORP CL A RAC	RAC	200,071	$2.1m0.17%	0.17%	Reduced -15.5k	-15,525 -7.2%
63	PERIMETER ACQUISITION CORP I COM CL A PMTR	PMTR	199,351	$2.1m0.17%	0.17%	Unchanged
64	HELIX ACQUISITION CORP III USD CL A ORD SHS HLXC	HLXC	194,846	$2.1m0.17%	0.17%	Unchanged
65	CANTOR EQUITY PARTNERS V INC SHS CL A S CEPV	CEPV	200,000	$2.1m0.17%	0.17%	Added +26.6k	+26,570 15.3%
66	COHEN CIRCLE ACQUISIT CORP I SHS CL A CCII	CCII	200,000	$2.1m0.17%	0.17%	Unchanged
67	CHART INDS INC COM GTLS	GTLS	9,850	$2.1m0.17%	0.17%	New
68	BLUE ACQUISITION CORP. ORD SHS CL A BACC	BACC	192,866	$2.0m0.17%	0.17%	Added +161.6k	+161,600 516.9%
69	IRENIC ACQUISITION CORP UNIT 04/10/2031 IACQU	IACQU	200,000	$2.0m0.17%	0.17%	New
70	FUTURECORP SPACE ACQUISITION UNIT 99/99/9999 FTRA.U	FTRA.U	200,000	$2.0m0.16%	0.16%	New
71	CANTOR EQUITY PARTNERS VII I CL A ORD SHS CAES	CAES	200,000	$2.0m0.16%	0.16%	New
72	DAEDALUS SPL ACQUISITION COR USD CL A ORD SHS DSAC	DSAC	200,000	$2.0m0.16%	0.16%	Unchanged
73	HCM IV ACQUISITION CORP ORD USD CL A HACQ	HACQ	200,000	$2.0m0.16%	0.16%	New
74	VINE HILL CAP INVTS CORP II CL A VHCP	VHCP	200,000	$2.0m0.16%	0.16%	Unchanged
75	NETEASE INC SPONSORED ADS NTES	NTES	15,500	$2.0m0.16%	0.16%	New
76	BHAV ACQUISITION CORP CL A ORD SHS BHAV	BHAV	200,000	$2.0m0.16%	0.16%	New
77	FG IMPERII ACQUISITION CORP ORD SHS CL A FGII	FGII	200,000	$2.0m0.16%	0.16%	Unchanged
78	QDRO ACQUISITION CORP ORD SHS CL A QADR	QADR	200,000	$2.0m0.16%	0.16%	New
79	AMERICAN EXCEPTIONALISM ACQU ORD CL A AEXA	AEXA	158,404	$1.9m0.15%	0.15%	Added +46.6k	+46,563 41.6%
80	GORES HLDGS X INC SHS CL A GTEN	GTEN	175,806	$1.8m0.15%	0.15%	Added +10.2k	+10,247 6.2%
81	SPACE ASSET ACQUISITION CORP USD CL A ORD SHS SAAQ	SAAQ	175,000	$1.8m0.15%	0.15%	Unchanged
82	GSR IV ACQUISITION CORP CL A SHS GSRF	GSRF	175,000	$1.8m0.14%	0.14%	Reduced -91.7k	-91,667 -34.4%
83	OAKTREE ACQUISITION CORP III SHS CL A OACC	OACC	165,435	$1.8m0.14%	0.14%	Added +28.7k	+28,700 21.0%
84	SPARTACUS ACQUISITION CORP I CL A ORD SHS TMTS	TMTS	175,000	$1.8m0.14%	0.14%	New
85	ARCHIMEDES TECH SPAC PTNRS I ORD SHS ARCI	ARCI	170,000	$1.7m0.14%	0.14%	Unchanged
86	TRAILBLAZER ACQUISITION CORP ORD SHS CL A BLZR	BLZR	166,667	$1.7m0.14%	0.14%	Unchanged
87	RENATUS TACTICAL ACQUIS SHS CL A RTAC	RTAC	160,000	$1.7m0.14%	0.14%	Unchanged
88	CHURCHILL CAPITAL CORP IX CL A SHS CL A SHS		150,862	$1.6m0.13%	0.13%	Reduced -50.0k	-50,000 -24.9%
89	NEWHOLD INVT CORP III ORD SHS CL A ORD SHS CL A		150,127	$1.6m0.13%	0.13%	Unchanged
90	NEW AMER ACQUISITION I CORP COM SHS CL A NWAX	NWAX	160,200	$1.6m0.13%	0.13%	Unchanged
91	ELME COMMUNITIES SH BEN INT ELME	ELME	1,095,772	$1.6m0.13%	0.13%	Added +5.5k	+5,460 0.5%
92	GSR V ACQUISITION CORP UNIT 05/12/2031 GSRVU	GSRVU	160,000	$1.6m0.13%	0.13%	New
93	AVERIN CAP ACQUISITION CORP ORD SHS CL A ACAA	ACAA	160,000	$1.6m0.13%	0.13%	New
94	K&F GROWTH ACQUISITION CORP SHS CL A KFII	KFII	148,135	$1.6m0.13%	0.13%	Reduced -3.0k	-3,000 -2.0%
95	REPUBLIC DIGITAL ACQUISITION USD CL A ORD SHS RDAG	RDAG	150,000	$1.5m0.13%	0.13%	Reduced -16.7k	-16,667 -10.0%
96	CAL REDWOOD ACQUISITION CORP COM CL A CRAQ	CRAQ	150,000	$1.5m0.13%	0.13%	Unchanged
97	HENNESSY CAP INVT CORP VII ORD SHS CL A ONEN	ONEN	146,667	$1.5m0.12%	0.12%	Unchanged
98	SPRING VY ACQUISITION CORP I ORD SHS CL A SVIV	SVIV	150,000	$1.5m0.12%	0.12%	Unchanged
99	ONEIM ACQUISITION CORP ORD SHS CL A OIM	OIM	175,000	$1.5m0.12%	0.12%	Added +25.0k	+25,000 16.7%
100	GORES HOLDINGS XI INC UNIT 06/24/2031 GHXIU	GHXIU	150,000	$1.5m0.12%	0.12%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ADVANCED ENERGY INDS AEIS 2.5 09.15.28	AEIS 2.5 09.15.28	35,000,000	$84.3m35.0m shares
SPIRIT AEROSYSTEMS INC SPR 3.25 11.01.28	SPR 3.25 11.01.28	27,500,000	$40.9m27.5m shares
MARA HOLDINGS INC MARA 2.125 09.01.31	MARA 2.125 09.01.31	30,000,000	$25.6m30.0m shares
MARA HOLDINGS INC MARA 0 03.01.30	MARA 0 03.01.30	20,000,000	$17.8m20.0m shares
MAKEMYTRIP LIMITED MAURITIUS MMYT 0 02.15.28	MMYT 0 02.15.28	11,500,000	$14.0m11.5m shares
PAGAYA U S HLDG CO LLC PGY 6.125 10.01.29	PGY 6.125 10.01.29	11,000,000	$12.7m11.0m shares
PPL CAP FDG INC PPL 2.875 03.15.28	PPL 2.875 03.15.28	10,000,000	$11.7m10.0m shares
MEDLINE INC MDLN	MDLN	220,000	$9.8m220.0k shares
STANDARDAERO INC SARO	SARO	300,000	$7.7m300.0k shares
CANTOR EQUITY PARTNERS II IN		660,000	$7.2m660.0k shares
MACOM TECH SOLUTIONS HLDGS I MTSI	MTSI	23,000	$5.1m23.0k shares
TEMPUS AI INC TEM	TEM	90,100	$4.1m90.1k shares
COLOMBIER ACQUISITION CORP I CLBR.U	CLBR.U	400,000	$4.1m400.0k shares
WILLOW LANE ACQUISITION CORP WLAC	WLAC	329,001	$3.5m329.0k shares
CLEARTHINK 1 ACQUISITION COR CTAAU	CTAAU	305,000	$3.0m305.0k shares
INFLECTION PT ACQUISIT CORP IPFXU	IPFXU	300,000	$3.0m300.0k shares
FORGENT POWER SOLUTIONS INC FPS	FPS	100,000	$2.9m100.0k shares
AEROVIRONMENT INC AVAV	AVAV	15,880	$2.9m15.9k shares
SUMA ACQUISITION CORP SUMAU	SUMAU	250,000	$2.5m250.0k shares
TERNS PHARMACEUTICALS INC		47,025	$2.5m47.0k shares
PONO CAP FOUR INC PONOU	PONOU	240,000	$2.4m240.0k shares
PENUMBRA INC PEN	PEN	7,230	$2.4m7.2k shares
HAYMAKER ACQUISITION CORP IV 2680812D	2680812D	204,028	$2.3m204.0k shares
SPRING VY ACQUISITION CORP I GFUZ	GFUZ	205,701	$2.1m205.7k shares
TXNM ENERGY INC TXNM	TXNM	34,405	$2.0m34.4k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
MARA HOLDINGS INC MARA · Put	MARA	Put	2,840,600	$39.5m2.8m shares	Reduced
ELI LILLY & CO LLY · Call	LLY	Call	30,500	$36.6m30.5k shares	New
SUPER MICRO COMPUTER INC SMCI · Put	SMCI	Put	1,025,000	$30.1m1.0m shares	New
PAGAYA TECHNOLOGIES LTD PGY · Put	PGY	Put	805,000	$14.7m805.0k shares	New
RIVIAN AUTOMOTIVE INC RIVN · Put	RIVN	Put	750,000	$13.0m750.0k shares	New
AMPRIUS TECHNOLOGIES INC AMPX · Call	AMPX	Call	912,200	$12.6m912.2k shares	Added
AMPLIFY COMMODITY TRUST BWET · Put	BWET	Put	66,500	$9.9m66.5k shares	Added
XEROX HOLDINGS CORP XRX · Put	XRX	Put	3,075,000	$9.6m3.1m shares	Added
CENTRUS ENERGY CORP LEU · Put	LEU	Put	49,800	$8.4m49.8k shares	Added
STARWOOD PPTY TR INC STWD · Put	STWD	Put	500,000	$8.2m500.0k shares	New
BIOGEN INC BIIB · Call	BIIB	Call	37,500	$8.1m37.5k shares	New
ISHARES TR HYG · Put	HYG	Put	100,000	$8.0m100.0k shares	Unchanged
BITDEER TECHNOLOGIES GROUP BTDR · Put	BTDR	Put	500,000	$7.9m500.0k shares	Reduced
NETFLIX INC NFLX · Call	NFLX	Call	100,000	$7.1m100.0k shares	New
EOS ENERGY ENTERPRISES INC EOSE · Put	EOSE	Put	1,100,000	$6.5m1.1m shares	Reduced
AXSOME THERAPEUTICS INC AXSM · Call	AXSM	Call	25,000	$6.1m25.0k shares	New
HERTZ GLOBAL HLDGS INC HTZ · Put	HTZ	Put	2,250,000	$5.1m2.2m shares	Added
ON SEMICONDUCTOR CORP ON · Call	ON	Call	47,900	$4.5m47.9k shares	New
MODERNA INC MRNA · Put	MRNA	Put	50,000	$3.5m50.0k shares	New
BITDEER TECHNOLOGIES GROUP BTDR · Call	BTDR	Call	202,000	$3.2m202.0k shares	New
IONIS PHARMACEUTICALS INC IONS · Call	IONS	Call	40,000	$3.2m40.0k shares	New
SPDR SER TR XBI · Put	XBI	Put	20,000	$3.2m20.0k shares	New
ASCENDIS PHARMA A/S ASND · Call	ASND	Call	10,500	$2.8m10.5k shares	New
NOVARTIS AG NVS · Put	NVS	Put	17,500	$2.7m17.5k shares	New
GORILLA TECHNOLOGY GROUP INC GRRR · Put	GRRR	Put	125,400	$2.5m125.4k 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
MARTI TECHNOLOGIES INC MRT · 13G · filed 2026-01-02	MRT	10.0%≈ $10.7m	new	13G	2026-01-02