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Portfolio (Quarterly) Guide ↗

Linden Advisors LP

· CIK 0001279396
13F Portfolio $16.2B AUM 472 positions Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 137 New 47 Added 39 Reduced 72 Exited
Page 19 of 24  ·  472 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
361 CALISA ACQUISITION CORP 400,233.0 $194K 0.00% NEW $0.48
362 Titan Acquisition Corp 30 600,000.0 $192K 0.00% $0.32
363 PYROPHYTE ACQUISITION CORP I 475,584.0 $190K 0.00% $0.40
364 OYSTER ENTERPRISES II ACQUIS 1,000,000.0 $190K 0.00% $0.19
365 INVEST GREEN ACQUISITION RTS 1,000,000.0 $185K 0.00% NEW $0.18
366 MCKINLEY ACQUISITION CORP 1,445,000.0 $181K 0.00% NEW $0.12
367 ALVOTECH SA 27 252,884.0 $180K 0.00% $0.71
368 LAUNCH TWO ACQUISITION 29 499,000.0 $179K 0.00% $0.36
369 WEN ACQUISITION CORP A 31 511,206.0 $169K 0.00% $0.33
370 PELICAN ACQUISITION CORP RTS 670,000.0 $168K 0.00% $0.25
371 AGRICULTURE & NATURAL SOLU W 499,999.0 $167K 0.00% $0.33
372 HCM III ACQUISITION CORP 30 333,333.0 $167K 0.00% $0.50
373 FIFTH ERA ACQUISITION CORP I 500,000.0 $165K 0.00% $0.33
374 FOLD HOLDINGS INC 23 1,000,000.0 $164K 0.00% $0.16
375 BTC DEVELOPMENT CORP 30 281,250.0 $162K 0.00% NEW $0.58
376 COLUMBUS ACQUISITION CORP 461,566.0 $159K 0.00% NEW $0.34
377 BITCOIN INFRASTRUCTURE ACQUI 625,000.0 $157K 0.00% NEW $0.25
378 COINCHECK GROUP NV W EXP 12/11/202 456,286.0 $157K 0.00% $0.34
379 JENA ACQUISITION CORP II RTS 800,000.0 $148K 0.00% $0.19
380 DRUGS MADE IN AMERICA AC RTS 850,000.0 $148K 0.00% $0.17
Page 19 of 24  ·  472 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 91.7%
Healthcare 7.6%
Communication Services 0.6%
Technology 0.1%