READYSTATE ASSET MANAGEMENT LP

CHICAGO, IL · CIK 1900923 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2022 · limited partnership

Assets managed$10.3bn
Staff41 · 23 in investment roles
Main clients (by assets)Private funds 100%
Private funds2 (2 hedge) · $10.3bn gross assets
Form ADV · 2026-03-30SEC adviser record

Legal entityREADYSTATE ASSET MANAGEMENT, LP (US)

$2.5bn reported value +43.5% vs Q1 2026

509positions

26.2%in top 10

252 new 66 added 89 reduced 147 sold out vs Q1 2026

Options: 195 call positions ($161.8m notional), 201 put positions ($309.3m 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	RIVIAN AUTOMOTIVE INC NOTE 3.625%10/1 · principal RIVN 3.625 10.15.30 · principal	RIVN 3.625 10.15.30	100,000,000	$106.8m4.35%	4.35%	Reduced -4.0m	-4,000,000 -3.9%
2	WARNER BROS DISCOVERY INC COM SER A WBD	WBD	3,851,600	$102.7m4.18%	4.18%	Added +2.2m	+2,191,929 132.1%
3	SUPER MICRO COMPUTER INC 7 DEP CM SR A WI · principal SMCI 7 06.01.29 · principal	SMCI 7 06.01.29	1,300,000,000	$66.7m2.71%	2.71%	New
4	MERIT MED SYS INC NOTE 3.000% 2/0 · principal MMSI 3 02.01.29 · principal	MMSI 3 02.01.29	59,500,000	$64.2m2.61%	2.61%	New
5	BLACKBERRY LTD NOTE 3.000% 2/1 · principal BBCN 3 02.15.29 · principal	BBCN 3 02.15.29	18,020,000	$59.5m2.42%	2.42%	Unchanged
6	NORFOLK SOUTHN CORP COM NSC	NSC	176,127	$55.4m2.25%	2.25%	Reduced -7.7k	-7,700 -4.2%
7	GRANITE CONSTR INC NOTE 3.750% 5/1 · principal GVA 3.75 05.15.28 · principal	GVA 3.75 05.15.28	15,000,000	$49.6m2.02%	2.02%	Reduced -2.5m	-2,500,000 -14.3%
8	LANTHEUS HLDGS INC NOTE 2.625%12/1 · principal LNTH 2.625 12.15.27 · principal	LNTH 2.625 12.15.27	32,000,000	$46.6m1.90%	1.90%	Unchanged
9	HERSHEY CO COM HSY	HSY	264,348	$46.4m1.89%	1.89%	Added +134.8k	+134,835 104.1%
10	ALPHABET INC DEP SHS RP1/20 A · principal GOOGL 6.25 05.15.29 A · principal	GOOGL 6.25 05.15.29 A	899,992,000	$45.4m1.85%	1.85%	New
11	ALPHABET INC DEP SHS RP1/20 B · principal GOOGL 6.25 05.15.29 B · principal	GOOGL 6.25 05.15.29 B	900,023,000	$45.4m1.85%	1.85%	New
12	BENTLEY SYS INC NOTE 0.375% 7/0 · principal BSY 0.375 07.01.27 · principal	BSY 0.375 07.01.27	40,000,000	$38.5m1.56%	1.56%	Unchanged
13	FRESHPET INC NOTE 3.000% 4/0 · principal FRPT 3 04.01.28 · principal	FRPT 3 04.01.28	29,600,000	$34.4m1.40%	1.40%	Added +2.1m	+2,100,000 7.6%
14	IMMUNOME INC COM IMNM	IMNM	1,605,820	$34.0m1.38%	1.38%	Added +304.0k	+303,958 23.4%
15	TRANSMEDICS GROUP INC NOTE 1.500% 6/0 · principal TMDX 1.5 06.01.28 · principal	TMDX 1.5 06.01.28	30,000,000	$32.5m1.32%	1.32%	Unchanged
16	ABIVAX SA SPONSORED ADS ABVX	ABVX	241,530	$32.2m1.31%	1.31%	Added +39.5k	+39,508 19.6%
17	CHEVRON CORP NEW COM CVX	CVX	181,277	$30.0m1.22%	1.22%	Added +141.3k	+141,277 353.2%
18	ARROWHEAD PHARMACEUTICALS IN NOTE 1/1 · principal ARWR 0 01.15.32 · principal	ARWR 0 01.15.32	25,000,000	$29.9m1.22%	1.22%	Unchanged
19	CENTURY ALUM CO NOTE 2.750% 5/0 · principal CENX 2.75 05.01.28 · principal	CENX 2.75 05.01.28	12,070,000	$29.8m1.21%	1.21%	Unchanged
20	EXXON MOBIL CORP COM XOM	XOM	217,778	$29.8m1.21%	1.21%	New
21	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	70,802	$28.2m1.15%	1.15%	New
22	GAMESTOP CORP NOTE 6/1 · principal GME 0 06.15.32 · principal	GME 0 06.15.32	27,500,000	$28.0m1.14%	1.14%	New
23	WAVE LIFE SCIENCES LTD SHS 96663EUR	96663EUR	4,727,139	$27.5m1.12%	1.12%	New
24	MICRON TECHNOLOGY INC COM MU	MU	23,527	$27.2m1.11%	1.11%	Added +7.5k	+7,464 46.5%
25	LIVANOVA PLC NOTE 2.500% 3/1 · principal LIVN 2.5 03.15.29 · principal	LIVN 2.5 03.15.29	19,000,000	$25.9m1.05%	1.05%	Added +1.0m	+1,000,000 5.6%
26	WORLD KINECT CORPORATION NOTE 3.250% 7/0 · principal WKC 3.25 07.01.28 · principal	WKC 3.25 07.01.28	20,000,000	$25.9m1.05%	1.05%	Reduced -3.8m	-3,750,000 -15.8%
27	LIBERTY BROADBAND CORP COM SER C LBRDK	LBRDK	745,744	$24.8m1.01%	1.01%	Added +387.8k	+387,839 108.4%
28	KENVUE INC COM KVUE	KVUE	1,257,316	$24.0m0.98%	0.98%	Added +200.0k	+200,000 18.9%
29	ALKAMI TECHNOLOGY INC NOTE 1.500% 3/1 · principal ALKTEC 1.5 03.15.30 · principal	ALKTEC 1.5 03.15.30	25,000,000	$23.9m0.97%	0.97%	Reduced -3.0m	-3,000,000 -10.7%
30	CHEESECAKE FACTORY INC NOTE 2.000% 3/1 · principal CAKE 2 03.15.30 · principal	CAKE 2 03.15.30	18,000,000	$22.9m0.93%	0.93%	Added +1.0m	+1,000,000 5.9%
31	BP PLC SPONSORED ADR BP	BP	619,670	$22.9m0.93%	0.93%	Added +473.0k	+472,974 322.4%
32	COURSERA INC COM COUR	COUR	4,027,181	$22.7m0.92%	0.92%	Added +2.9m	+2,906,101 259.2%
33	ROKU INC COM CL A ROKU	ROKU	161,958	$22.4m0.91%	0.91%	New
34	LEMAITRE VASCULAR INC NOTE 2.500% 2/0 · principal LMAT 2.5 02.01.30 · principal	LMAT 2.5 02.01.30	20,000,000	$21.3m0.87%	0.87%	Unchanged
35	TXNM ENERGY INC COM TXNM	TXNM	372,964	$21.2m0.86%	0.86%	Reduced -83.5k	-83,482 -18.3%
36	XOMETRY INC NOTE 0.750% 6/1 · principal XMTR 0.75 06.15.30 · principal	XMTR 0.75 06.15.30	9,500,000	$21.2m0.86%	0.86%	New
37	ROBLOX CORP CL A RBLX	RBLX	377,201	$20.5m0.83%	0.83%	Added +329.2k	+329,201 685.8%
38	MIRUM PHARMACEUTICALS INC NOTE 4.000% 5/0 · principal MIRM 4 05.01.29 · principal	MIRM 4 05.01.29	5,534,000	$20.5m0.83%	0.83%	Reduced -22.5m	-22,466,000 -80.2%
39	COMPASS INC CL A COMP	COMP	1,641,267	$20.2m0.82%	0.82%	Added +933.3k	+933,269 131.8%
40	VALERO ENERGY CORP COM VLO	VLO	77,289	$20.1m0.82%	0.82%	New
41	AZUL S A SPONSORED ADS AZUL	AZUL	2,098,940	$18.9m0.77%	0.77%	New
42	UNIQURE NV SHS QURE	QURE	400,989	$18.5m0.75%	0.75%	Reduced -103.7k	-103,713 -20.6%
43	MARATHON PETE CORP COM MPC	MPC	72,208	$18.5m0.75%	0.75%	New
44	HALLIBURTON CO COM HAL	HAL	498,818	$16.9m0.69%	0.69%	Added +311.1k	+311,149 165.8%
45	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	96,500	$16.5m0.67%	0.67%	New
46	GOODYEAR TIRE & RUBR CO COM GT	GT	2,488,405	$16.4m0.67%	0.67%	Reduced -117.9k	-117,945 -4.5%
47	MADISON AIR SOLUTIONS CORP COM SHS CL A MAIR	MAIR	411,000	$16.0m0.65%	0.65%	New
48	CENTRUS ENERGY CORP NOTE 2.250%11/0 · principal LEU 2.25 11.01.30 · principal	LEU 2.25 11.01.30	8,000,000	$15.9m0.65%	0.65%	Reduced -10.3m	-10,302,000 -56.3%
49	WEATHERFORD INTL PLC ORD SHS WFRD	WFRD	187,350	$15.3m0.62%	0.62%	New
50	ANTERO RESOURCES CORP COM AR	AR	429,782	$15.1m0.61%	0.61%	New
51	ETSY INC NOTE 1.000% 6/1 · principal ETSY 1 06.15.30 · principal	ETSY 1 06.15.30	12,500,000	$14.5m0.59%	0.59%	New
52	SITIME CORP NOTE 6/1 · principal SITM 0 06.15.31 · principal	SITM 0 06.15.31	12,500,000	$13.9m0.56%	0.56%	New
53	VOYAGER TECHNOLOGIES INC COM CL A VOYG	VOYG	410,251	$13.2m0.54%	0.54%	Added +384.0k	+384,028 1464.5%
54	GMR SOLUTIONS INC COM CL A GMRS	GMRS	836,713	$12.9m0.53%	0.53%	New
55	VERA THERAPEUTICS INC CL A VERA	VERA	295,114	$12.7m0.52%	0.52%	New
56	MEDLINE INC COM CL A MDLN	MDLN	320,000	$12.6m0.51%	0.51%	Added +78.7k	+78,683 32.6%
57	LIVERAMP HLDGS INC COM RAMP	RAMP	334,115	$12.6m0.51%	0.51%	New
58	QIAGEN NV ORD SHARES QGEN	QGEN	321,214	$12.6m0.51%	0.51%	New
59	ANI PHARMACEUTICALS INC NOTE 2.250% 9/0 · principal ANIP 2.25 09.01.29 · principal	ANIP 2.25 09.01.29	9,500,000	$12.3m0.50%	0.50%	Reduced -4.9m	-4,900,000 -34.0%
60	CLEARWATER PAPER CORP COM CLW	CLW	781,384	$12.3m0.50%	0.50%	Unchanged
61	DEVON ENERGY CORP NEW COM DVN	DVN	278,628	$11.5m0.47%	0.47%	Added +201.9k	+201,862 263.0%
62	OVINTIV INC COM OVV	OVV	217,834	$11.5m0.47%	0.47%	New
63	THREDUP INC CL A TDUP	TDUP	1,508,736	$10.3m0.42%	0.42%	Added +1.0m	+1,001,482 197.4%
64	EXPAND ENERGY CORPORATION COM EXE	EXE	113,091	$10.3m0.42%	0.42%	New
65	REPLIGEN CORP NOTE 1.000%12/1 · principal RGEN 1 12.15.28 · principal	RGEN 1 12.15.28	10,000,000	$10.3m0.42%	0.42%	Added +6.0m	+6,000,000 150.0%
66	HELMERICH & PAYNE INC COM HP	HP	284,389	$9.3m0.38%	0.38%	New
67	PERMIAN RESOURCES CORP CLASS A COM PR	PR	496,281	$9.1m0.37%	0.37%	Added +301.8k	+301,791 155.2%
68	JOBY AVIATION INC NOTE 0.750% 2/1 · principal JOBY 0.75 02.15.32 · principal	JOBY 0.75 02.15.32	10,000,000	$9.1m0.37%	0.37%	Unchanged
69	VAXCYTE INC COM PCVX	PCVX	156,090	$9.1m0.37%	0.37%	Added +120.0k	+120,000 332.5%
70	COMCAST CORP NEW CL A CMCSA	CMCSA	354,053	$8.7m0.35%	0.35%	Added +280.4k	+280,357 380.4%
71	HAEMONETICS CORP MASS NOTE 2.500% 6/0 · principal HAE 2.5 06.01.29 · principal	HAE 2.5 06.01.29	8,250,000	$8.4m0.34%	0.34%	New
72	AMC ENTMT HLDGS INC CL A NEW AMC	AMC	4,390,989	$8.3m0.34%	0.34%	New
73	AXSOME THERAPEUTICS INC COM AXSM	AXSM	33,554	$8.2m0.33%	0.33%	New
74	TERAWULF INC COM WULF	WULF	327,272	$8.1m0.33%	0.33%	Added +18.8k	+18,808 6.1%
75	GUARDANT HEALTH INC COM GH	GH	51,852	$7.8m0.32%	0.32%	Added +3.5k	+3,452 7.1%
76	ZENAS BIOPHARMA INC NOTE 2.500% 4/0 · principal ZBIO 2.5 04.01.32 · principal	ZBIO 2.5 04.01.32	6,500,000	$7.7m0.31%	0.31%	New
77	AMERICAN AXLE & MFG HLDGS IN COM DCH	DCH	1,403,111	$7.6m0.31%	0.31%	Added +663.7k	+663,712 89.8%
78	AMAZON COM INC COM AMZN	AMZN	31,349	$7.5m0.30%	0.30%	Added +6.9k	+6,934 28.4%
79	EBAY INC. COM EBAY	EBAY	66,497	$7.4m0.30%	0.30%	New
80	OLEMA PHARMACEUTICALS INC COM OLMA	OLMA	593,829	$7.4m0.30%	0.30%	New
81	TENABLE HLDGS INC COM TENB	TENB	200,000	$7.4m0.30%	0.30%	New
82	VIPER ENERGY INC CL A VNOM	VNOM	173,270	$7.3m0.30%	0.30%	New
83	VENTURE GLOBAL INC COM CL A VG	VG	651,795	$7.3m0.30%	0.30%	Added +237.2k	+237,245 57.2%
84	FISERV INC COM FISV	FISV	146,782	$7.2m0.29%	0.29%	Added +120.9k	+120,885 466.8%
85	REVOLUTION MEDICINES INC COM RVMD	RVMD	37,727	$7.1m0.29%	0.29%	Added +5.9k	+5,880 18.5%
86	WOLFSPEED INC COMMON STOCK WOLF	WOLF	141,784	$6.8m0.28%	0.28%	New
87	EQV VENTURES AC CORP. II ORD SHS CL A EVAC	EVAC	650,596	$6.6m0.27%	0.27%	Reduced -724.4k	-724,404 -52.7%
88	ELEVRA LITHIUM LTD SPONSORED ADS ELVR	ELVR	92,271	$6.3m0.26%	0.26%	Reduced -2.4k	-2,375 -2.5%
89	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	54,295	$6.2m0.25%	0.25%	Reduced -66.1k	-66,117 -54.9%
90	CRESCENT ENERGY COMPANY CL A COM CRGY	CRGY	619,287	$6.1m0.25%	0.25%	Added +454.3k	+454,308 275.4%
91	NEKTAR THERAPEUTICS COM NEW NKTR	NKTR	85,110	$5.9m0.24%	0.24%	New
92	SIRIUSXM HOLDINGS INC COMMON STOCK SIRI	SIRI	198,950	$5.9m0.24%	0.24%	Reduced -240.3k	-240,344 -54.7%
93	PROPETRO HLDG CORP COM PUMP	PUMP	405,748	$5.8m0.24%	0.24%	Added +300.5k	+300,535 285.6%
94	SM ENERGY CO COM SM	SM	222,880	$5.8m0.24%	0.24%	Added +166.2k	+166,208 293.3%
95	NATIONAL ENERGY SERVICES REU SHS NESR	NESR	191,241	$5.7m0.23%	0.23%	New
96	KARMAN HLDGS INC COMMON STOCK KRMN	KRMN	113,675	$5.7m0.23%	0.23%	New
97	REPLIGEN CORP COM RGEN	RGEN	41,500	$5.7m0.23%	0.23%	New
98	LIBERTY ENERGY INC COM CL A LBRT	LBRT	216,096	$5.7m0.23%	0.23%	New
99	AFFIRM HLDGS INC COM CL A AFRM	AFRM	67,315	$5.5m0.22%	0.22%	Added +3.0k	+2,970 4.6%
100	SERVICENOW INC COM NOW	NOW	54,406	$5.4m0.22%	0.22%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
SOLENO THERAPEUTICS INC SLNO	SLNO	952,165	$31.9m952.2k shares
MASIMO CORP MASI	MASI	171,115	$30.4m171.1k shares
SUPER MICRO COMPUTER INC SMCI 2.25 07.15.28	SMCI 2.25 07.15.28	25,000,000	$21.8m25.0m shares
ELECTRONIC ARTS INC EA	EA	94,897	$19.3m94.9k shares
VERTEX INC VERX 0.75 05.01.29	VERX 0.75 05.01.29	16,500,000	$14.4m16.5m shares
HASBRO INC HAS	HAS	151,602	$14.2m151.6k shares
PAR TECHNOLOGY CORP PAR 1 01.15.30	PAR 1 01.15.30	17,590,000	$13.6m17.6m shares
ALIGNMENT HEALTHCARE INC ALHC 4.25 11.15.29	ALHC 4.25 11.15.29	9,000,000	$12.7m9.0m shares
IRHYTHM TECHNOLOGIES INC IRTC 1.5 09.01.29	IRTC 1.5 09.01.29	10,000,000	$11.0m10.0m shares
CAESARS ENTERTAINMENT INC NE CZR	CZR	409,716	$10.8m409.7k shares
PARSONS CORP DEL PSN 2.625 03.01.29	PSN 2.625 03.01.29	10,934,000	$10.8m10.9m shares
DOCUSIGN INC DOCU	DOCU	217,464	$10.3m217.5k shares
META PLATFORMS INC META	META	17,389	$9.9m17.4k shares
BLACKROCK ETF TRUST II BINC	BINC	190,000	$9.9m190.0k shares
NUTANIX INC NTNX 0.5 12.15.29	NTNX 0.5 12.15.29	10,000,000	$9.0m10.0m shares
OCULAR THERAPEUTIX INC OCUL	OCUL	883,621	$7.5m883.6k shares
AVANTOR INC AVTR	AVTR	788,250	$6.2m788.2k shares
PHILLIPS 66 PSX	PSX	32,406	$5.9m32.4k shares
OCCIDENTAL PETE CORP OXY	OXY	90,181	$5.9m90.2k shares
KLA CORP KLAC	KLAC	39,680	$5.8m39.7k shares
APPLE INC AAPL	AAPL	22,976	$5.8m23.0k shares
CONOCOPHILLIPS COP	COP	37,880	$5.0m37.9k shares
BROADCOM INC AVGO	AVGO	15,861	$4.9m15.9k shares
EQUINOR ASA EQNR	EQNR	107,670	$4.5m107.7k shares
NCINO INC NCNO	NCNO	287,143	$4.3m287.1k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
RIVIAN AUTOMOTIVE INC RIVN · Put	RIVN	Put	1,950,000	$33.8m1.9m shares	Unchanged
QIAGEN NV QGEN · Put	QGEN	Put	500,000	$19.6m500.0k shares	New
HERSHEY CO HSY · Put	HSY	Put	100,000	$17.5m100.0k shares	New
ISHARES INC EWZ · Put	EWZ	Put	500,000	$17.2m500.0k shares	Unchanged
AMAZON COM INC AMZN · Put	AMZN	Put	34,500	$8.2m34.5k shares	Reduced
BROADCOM INC AVGO · Put	AVGO	Put	21,200	$8.0m21.2k shares	Reduced
ALPHABET INC GOOGL · Put	GOOGL	Put	21,500	$7.7m21.5k shares	Reduced
APPLE INC AAPL · Put	AAPL	Put	26,400	$7.6m26.4k shares	Reduced
NVIDIA CORPORATION NVDA · Put	NVDA	Put	36,400	$7.3m36.4k shares	Reduced
TESLA INC TSLA · Put	TSLA	Put	17,100	$7.2m17.1k shares	Reduced
MICROSOFT CORP MSFT · Put	MSFT	Put	17,900	$6.7m17.9k shares	Reduced
META PLATFORMS INC META · Put	META	Put	10,800	$6.1m10.8k shares	Reduced
COREWEAVE INC CRWV · Put	CRWV	Put	40,000	$4.0m40.0k shares	Unchanged
DELL TECHNOLOGIES INC DELL · Call	DELL	Call	6,700	$2.9m6.7k shares	Unchanged
DELL TECHNOLOGIES INC DELL · Put	DELL	Put	6,700	$2.9m6.7k shares	Unchanged
SANDISK CORP SNDK · Put	SNDK	Put	1,200	$2.7m1.2k shares	Unchanged
SANDISK CORP SNDK · Call	SNDK	Call	1,200	$2.7m1.2k shares	Unchanged
MICRON TECHNOLOGY INC MU · Call	MU	Call	2,000	$2.3m2.0k shares	Unchanged
MICRON TECHNOLOGY INC MU · Put	MU	Put	2,000	$2.3m2.0k shares	Unchanged
ADVANCED MICRO DEVICES INC AMD · Call	AMD	Call	3,800	$2.2m3.8k shares	Unchanged
ADVANCED MICRO DEVICES INC AMD · Put	AMD	Put	3,800	$2.2m3.8k shares	Unchanged
INTEL CORP INTC · Put	INTC	Put	15,000	$2.1m15.0k shares	Unchanged
INTEL CORP INTC · Call	INTC	Call	14,200	$2.0m14.2k shares	Unchanged
WESTERN DIGITAL CORP WDC · Call	WDC	Call	2,600	$1.7m2.6k shares	Unchanged
WESTERN DIGITAL CORP WDC · Put	WDC	Put	2,600	$1.7m2.6k shares	Unchanged

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
AZUL S A AZUL · 13G · filed 2026-08-14	AZUL	10.7%		13G	2026-08-14