LINDEN ADVISORS LP
Q2 2026 Form 13-F

NEW YORK, NEW YORK
CIK 0001279396 · CRD 135431 · SEC-registered investment adviser
$19.3B Reported Value Total

LINDEN ADVISORS LP reports 5 total accounts under management (AUM). There are 5 discretionary accounts valued at $38,784,484,000, and 0 non-discretionary accounts.

Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
SEC Registered Discretionary Manager
Firm Brochure (Part 2A)
Private funds (Form ADV)
3 funds · $38.2B gross asset value
Hedge Fund: $38.2B
Source: Form ADV filed 2026-03-17
Reported value
$19.3B
Quarter over quarter
+17.4%
Holdings
504
Top-10 concentration
24.4%

Key People

Form ADV owners & control persons
Siu Min (joe) Wong
CHIEF EXECUTIVE OFFICER, LIMITED PARTNER
Saul Ahn
GENERAL COUNSEL
James Thomas Delaney
CHIEF OPERATING OFFICER
Q1 2026

Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.

Loading 13F Metrics

Q2 2026 13F filing summary

Period of report June 30, 2026
Filed August 14, 2026
Form 13F-HR
Reported value $19.3B
Positions 504
Change in reported value +8.1%
New positions 168
Exited positions 93
Position turnover 43.7%
Top-10 concentration 24.4%

13F filings by quarter

Quarter Positions Value
Q2 2026 13F
Filed Aug 14, 2026
 504 $19.3B
Q1 2026 13F
Filed May 15, 2026
 433 $17.9B
Q4 2025 13F
Filed Feb 17, 2026
 330 $16.2B
Q3 2025 13F
Filed Nov 14, 2025
 273 $15.0B
Q2 2025 13F
Filed Aug 14, 2025
 227 $16.3B
Q1 2025 13F
Filed May 15, 2025
 152 $14.7B
Q4 2024 13F
Filed Feb 14, 2025
 119 $12.1B
Q3 2024 13F
Filed Nov 14, 2024
 117 $11.9B
Q2 2024 13F
Filed Aug 14, 2024
 124 $12.0B
Q1 2024 13F
Filed May 15, 2024
 137 $12.6B
Q4 2023 13F
Filed Feb 14, 2024
 152 $10.5B
Q3 2023 13F
Filed Nov 14, 2023
 190 $9.7B
Q2 2023 13F
Filed Aug 14, 2023
 223 $9.5B
Q1 2023 13F
Filed May 15, 2023
 309 $9.5B
Q4 2022 13F
Filed Feb 14, 2023
 420 $9.5B
Q3 2022 13F
Filed Nov 14, 2022
 555 $10.9B
Q2 2022 13F
Filed Aug 15, 2022
 596 $10.9B
Q1 2022 13F
Filed May 16, 2022
 590 $15.9B
Q4 2021 13F
Filed Feb 14, 2022
 605 $16.4B
Q3 2021 13F
Filed Nov 15, 2021
 504 $17.0B

33 earlier quarters on file — choose one from the quarter menu above.

Top 20 holdings · Q2 2026

# Holding Reported value % of portfolio
1 VSH 2.25 09/15/30 VISHAY INTERTECHNOLOGY 2.25 09/15/2030 $829.5M 4.3%
2 MKSI 1.25 06/01/30 MKS INC 1.25 06/01/2030 $593.3M 3.07%
3 SITM 0 06/15/31 SITIME 0 06/15/2031 $590.9M 3.06%
4 GH 1.25 02/15/31 GUARDANT HEALTH INC 1.25 02/15/2031 $514.2M 2.66%
5 LEU 2.25 11/01/30 CENTRUS ENERGY CORP 2.25 11/01/2030 $444.5M 2.3%
6 APLD 2.75 06/01/30 APPLIED DIGITAL CORP 2.75 06/01/2030 $395.7M 2.05%
7 SEI 0.25 10/01/31 SOLARIS ENERGY INFRASTRU 0.25 10/01/2031 $367.4M 1.9%
8 SPHR 3.5 12/01/28 SPHERE ENTERTAINMENT CO 3.5 12/01/2028 $350.6M 1.82%
9 VECO 2.875 06/01/29 VEECO INSTRUMENTS INC 2.875 06/01/2029 $315.3M 1.63%
10 SEDG 2.25 07/01/29 SOLAR EDGE TECHNOLOGIES 2.25 07/01/2029 $299.3M 1.55%
11 PENG 2 08/15/30 PENGUIN SOLUTIONS INC 2 08/15/2030 $277.4M 1.44%
12 U 0 03/15/30 UNITY SOFTWARE INC 0 03/15/2030 $273.4M 1.42%
13 BBIO 2.25 02/01/29 BRIDGEBIO PHARMA INC 2.25 02/01/2029 $266.3M 1.38%
14 RIOT 0.75 01/15/30 RIOT PLATFORMS INC 0.75 01/15/2030 144A $266.0M 1.38%
15 CLSK 0 06/15/30 CLEANSPARK INC 0 06/15/2030 144A $258.2M 1.34%
16 CELC 2.75 08/01/31 CELCUITY INC 2.75 08/01/2031 $254.5M 1.32%
17 SMCI 0 06/15/30 SUPER MICRO COMPUTER INC 0 06/15/2030 $250.9M 1.3%
18 CIFR 1.75 05/15/30 CIPHER DIGITAL INC NOTE 1.750 5/1 $247.3M 1.28%
19 AFRM 0.75 12/15/29 AFFIRM HOLDINGS INC 0.75 12/15/2029 $246.2M 1.28%
20 ITGR 1.875 03/15/30 INTEGER HOLDINGS CORP 1.875 03/15/2030 144A $245.8M 1.27%

Values as reported on the Q2 2026 Form 13F. Every position is in the holdings table below.

Loading Activities
Loading Sector Allocation
Crunching numbers
Loading Performance
Finding Similar Managers
Finding Potential New Buys
Building table
Loading SEC filing data
Loading Form 4 Filings
Loading 13D/G filings