Elequin Securities, LLC

Portfolio Overview

Elequin Securities, LLC disclosed 693 positions worth $3.4B in its Form 13F-HR for Q2 2026 — $3.0B in common stock plus $364.0M of put/call option positions (reported at underlying notional value, not premium at risk), led by $WDC (WESTERN DIGITAL CORP) at 19.6% of the equity portfolio. During the quarter the fund opened 298 new positions and exited 246 and a full exit from $HTHT. The portfolio is most concentrated in Technology (53.5% of disclosed assets). All figures are sourced directly from Elequin Securities, LLC’s Form 13F-HR filing with the SEC under CIK 1810873.

• 

  WESTERN DIGITAL CORP

  $WDC

  80.7#24

  Quality

  $586.9M34,792,000 sh

• SEAGATE HDD CAYMAN - NOTE 3.500% 6/0

  —

  Quality

  $481.5M41,274,000 sh
• 

  Lumentum Holdings Inc.

  $LITE

  44.3#1,923

  Quality

  $370.4M56,729,000 sh
• 

  CENTERPOINT ENERGY INC

  $CNP

  53.2

  Quality

  $328.4M272,994,000 sh
• 

  Apollo Global Management, Inc.

  $APO

  52.1

  Quality

  $154.5M2,542,566 sh
• 

  Lumentum Holdings Inc.

  $LITE

  44.3

  Quality

  $153.1M17,710,000 sh
• 

  GRANITE CONSTRUCTION INC

  $GVA

  54.4

  Quality

  $109.0M32,964,000 sh
• 

  ADVANCED ENERGY INDUSTRIES INC

  $AEIS

  61.7

  Quality

  $86.2M31,597,000 sh
• 

  NVIDIA CORP

  $NVDA

  85.9

  Quality

  $80.0M400,000 sh
• 

  NVIDIA CORP

  $NVDA PUT

  85.9

  Quality

  $80.0M400,000 sh

Company	Quality	Value	Shares
WESTERN DIGITAL CORP$WDC	80.7#24	$586.9M	34,792,000
SEAGATE HDD CAYMAN - NOTE 3.500% 6/0	—	$481.5M	41,274,000
Lumentum Holdings Inc.$LITE	44.3#1,923	$370.4M	56,729,000
CENTERPOINT ENERGY INC$CNP	53.2	$328.4M	272,994,000
Apollo Global Management, Inc.$APO	52.1	$154.5M	2,542,566
Lumentum Holdings Inc.$LITE	44.3	$153.1M	17,710,000
GRANITE CONSTRUCTION INC$GVA	54.4	$109.0M	32,964,000
ADVANCED ENERGY INDUSTRIES INC$AEIS	61.7	$86.2M	31,597,000
NVIDIA CORP$NVDA	85.9	$80.0M	400,000
NVIDIA CORP$NVDAPUT	85.9	$80.0M	400,000

Showing top 10 of 693 holdings.

Top Holdings — Elequin Securities, LLC (Q2 2026)

Top 150 of 693 disclosed positions (by reported value) from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$WDC	WESTERN DIGITAL CORP	$586.9M	19.6%	NEW	80.7
2	—	SEAGATE HDD CAYMAN - NOTE 3.500% 6/0	$481.5M	16.1%	NEW	—
3	$LITE	Lumentum Holdings Inc.	$370.4M	12.4%	NEW	44.3
4	$CNP	CENTERPOINT ENERGY INC	$328.4M	11.0%	NEW	53.2
5	$APO	Apollo Global Management, Inc.	$154.5M	5.2%	NEW	52.1
6	$LITE	Lumentum Holdings Inc.	$153.1M	5.1%	NEW	44.3
7	$GVA	GRANITE CONSTRUCTION INC	$109.0M	3.6%	NEW	54.4
8	$AEIS	ADVANCED ENERGY INDUSTRIES INC	$86.2M	2.9%	NEW	61.7
9	$NVDA	NVIDIA CORP	$80.0M	2.7%	-3%	85.9
10	$NVDAPUT	NVIDIA CORP	$80.0M	—	-2%	85.9
11	$BE	Bloom Energy Corp	$58.1M	1.9%	NEW	66.2
12	$MSFTPUT	MICROSOFT CORP	$56.0M	—	NEW	79.8
13	$MSFT	MICROSOFT CORP	$56.0M	1.9%	NEW	79.8
14	$LITE	Lumentum Holdings Inc.	$51.0M	1.7%	+432%	44.3
15	$IBITCALL	iShares Bitcoin Trust ETF	$44.9M	—	+516%	—
16	$SPYCALL	SPDR S&P 500 ETF TRUST	$41.8M	—	+591%	—
17	$AAPL	Apple Inc.	$40.5M	1.4%	NEW	76.4
18	$AAPLPUT	Apple Inc.	$40.5M	—	NEW	76.4
19	$INTC	INTEL CORP	$27.9M	0.9%	+5900%	45.6
20	$INTCPUT	INTEL CORP	$27.9M	—	NEW	45.6
21	$AMZNPUT	AMAZON COM INC	$23.8M	—	NEW	68.7
22	$AMZN	AMAZON COM INC	$23.8M	0.8%	NEW	68.7
23	$GOOGL	Alphabet Inc.	$18.4M	0.6%	NEW	78.2
24	$GOOGLPUT	Alphabet Inc.	$17.7M	—	NEW	78.2
25	$POET	POET TECHNOLOGIES INC.	$16.9M	0.6%	NEW	—
26	—	ISHARES TR - SHRT NAT MUN ETF	$12.5M	0.4%	NEW	—
27	—	J P MORGAN EXCHANGE TRADED F - ULTRA SHT MUNCPL	$12.1M	0.4%	+189%	—
28	$SPY	SPDR S&P 500 ETF TRUST	$11.6M	0.4%	-56%	—
29	$GOOG	Alphabet Inc.	$11.4M	0.4%	NEW	78.2
30	$GOOGPUT	Alphabet Inc.	$10.7M	—	NEW	78.2
31	$RKLB	Rocket Lab Corp	$9.2M	0.3%	+1206%	39.9
32	—	VANGUARD MUN BD FDS - TAX EXEMPT BD	$8.5M	0.3%	NEW	—
33	$POETPUT	POET TECHNOLOGIES INC.	$8.2M	—	NEW	—
34	$HIMS	Hims & Hers Health, Inc.	$7.7M	0.3%	+104%	53.4
35	$MRVL	Marvell Technology, Inc.	$7.0M	0.2%	NEW	76.5
36	$AXTI	AXT INC	$5.8M	0.2%	NEW	43
37	$GLDCALL	SPDR GOLD TRUST	$5.5M	—	-44%	—
38	—	CAPITAL GROUP GLOBAL EQUITY - SHS	$5.5M	0.2%	NEW	—
39	$MSTR	Strategy Inc	$5.3M	0.2%	+82%	17.9
40	—	BARCLAYS BANK PLC - IPATH S&P 500 SH	$4.9M	—	NEW	—
41	—	VANGUARD MUN BD FDS - CORE TAX EXEMPT	$4.9M	0.2%	NEW	—
42	—	ISHARES INC - MSCI STH KOR ETF	$4.6M	0.1%	NEW	—
43	—	DIMENSIONAL ETF TRUST - NATL MUN BD ETF	$4.4M	0.1%	NEW	—
44	—	CAPITAL GROUP GROWTH ETF - SHS CREAT UNIT	$4.3M	0.1%	NEW	—
45	$IDCC	InterDigital, Inc.	$4.3M	0.1%	NEW	65
46	—	AMERICAN CENTY ETF TR - DIVERSIFIED MU	$4.2M	0.1%	+245%	—
47	—	ORACLE CORP - 6.5 DEP CUM SR D	$4.2M	0.1%	+7%	—
48	$IREN	IREN Ltd	$4.0M	0.1%	NEW	46.3
49	—	ADVISORSHARES TR - PURE US CANN ETF	$4.0M	0.1%	NEW	—
50	$KKR	KKR & Co. Inc.	$3.9M	0.1%	+667%	54.3
51	$AAOI	APPLIED OPTOELECTRONICS, INC.	$3.9M	0.1%	+6272%	40.1
52	$NEE	NEXTERA ENERGY INC	$3.8M	0.1%	-70%	64.6
53	—	NEW YORK LIFE INVTS ACTIVE E - MACKAY MUN INTER	$3.8M	0.1%	NEW	—
54	—	FRANKLIN TEMPLETON ETF TR - FRANKLIN DYN MUN	$3.8M	0.1%	NEW	—
55	—	ISHARES TR - NEW YORK MUN ETF	$3.6M	0.1%	NEW	—
56	—	CAPITAL GROUP DIVIDEND GROWE - SHS ETF	$3.5M	0.1%	NEW	—
57	—	SPDR SERIES TRUST - ST NUVE TERM ETF	$3.5M	0.1%	+134%	—
58	—	ALPHABET INC - DEP SHS RP1/20 B	$3.4M	0.1%	NEW	—
59	—	BLACKROCK ETF TRUST II - ISHA SH TERM ETF	$3.3M	0.1%	NEW	—
60	$BTSG	BrightSpring Health Services, Inc.	$3.2M	0.1%	+45%	63.3
61	—	VANGUARD WELLINGTON FD - SHORT TRM TAX EX	$3.2M	0.1%	+705%	—
62	—	MORGAN STANLEY ETF TRUST - EATO VAN MU ETF	$3.1M	0.1%	NEW	—
63	—	BLACKROCK ETF TRUST - ISHARES DEFENSE	$3.1M	0.1%	NEW	—
64	—	SPDR SERIES TRUST - ST STR NUVEE ETF	$3.0M	0.1%	NEW	—
65	—	FIRST TR EXCH TRADED FD III - MANAGD MUN ETF	$3.0M	0.1%	NEW	—
66	$TSLA	Tesla, Inc.	$3.0M	0.1%	-8%	53.9
67	—	SPDR SERIES TRUST - ST STR CONV ETF	$2.9M	0.1%	NEW	—
68	—	RBB FUND TRUST - FIRS EAGL OV ETF	$2.9M	0.1%	NEW	—
69	$IVZ	Invesco Ltd.	$2.8M	0.1%	NEW	—
70	—	MORGAN STANLEY ETF TRUST - EATO VAN MUN ETF	$2.7M	0.1%	NEW	—
71	—	FIRST TR EXCH TRADED FD III - CALIF MUN INCM	$2.7M	0.1%	NEW	—
72	—	FIRST TR EXCHANGE-TRADED FD - SSI STRG ETF	$2.7M	0.1%	NEW	—
73	—	FIRST TR EXCH TRADED FD III - SHRT DUR MNG MUN	$2.7M	0.1%	NEW	—
74	—	FIRST TR EXCHANGE-TRADED FD - NASDAQ CYB ETF	$2.6M	0.1%	NEW	—
75	$SMCI	Super Micro Computer, Inc.	$2.6M	0.1%	-21%	62
76	—	CAPITAL GRP FIXED INCM ETF T - SHOR DUR MUN ETF	$2.5M	0.1%	NEW	—
77	—	CAPITAL GRP FIXED INCM ETF T - MUN HIGH ETF	$2.5M	0.1%	NEW	—
78	—	HARTFORD FDS EXCHANGE TRADED - MUN OPORTUNITE	$2.5M	0.1%	+756%	—
79	$MU	MICRON TECHNOLOGY INC	$2.4M	0.1%	+267%	86.2
80	$IVZ	Invesco Ltd.	$2.2M	0.1%	+44%	—
81	—	PIMCO ETF TR - INTER MUN BD ACT	$2.2M	0.1%	NEW	—
82	$SMCI	Super Micro Computer, Inc.	$2.2M	0.1%	NEW	62
83	$BRKR	BRUKER CORP	$2.1M	0.1%	+317%	50.8
84	—	TIDAL TRUST II - ROUNDHILL GENER	$2.1M	0.1%	NEW	—
85	—	ISHARES INC - MSCI JAPAN ETF	$2.1M	0.1%	NEW	—
86	—	BITMINE IMMERSION TECHS INC - COM NEW	$2.1M	0.1%	+75%	—
87	$IBIT	iShares Bitcoin Trust ETF	$2.0M	0.1%	-64%	—
88	$USOCALL	United States Oil Fund, LP	$1.9M	—	NEW	—
89	$PPL	PPL Corp	$1.9M	0.1%	NEW	55.7
90	$SO	SOUTHERN CO	$1.9M	0.1%	NEW	62
91	—	J P MORGAN EXCHANGE TRADED F - MUNICIPAL ETF	$1.9M	0.1%	NEW	—
92	—	VANGUARD MUN BD FDS - INTERMEDIATE TRM	$1.9M	0.1%	+49%	—
93	—	PUTNAM ETF TRUST - FRANKLIN SHT TRM	$1.8M	0.1%	NEW	—
94	—	AB ACTIVE ETFS INC - CALIF INTER ETF	$1.8M	0.1%	NEW	—
95	$BA	BOEING CO	$1.7M	0.1%	+90%	61.6
96	—	VANECK ETF TRUST - LONG MUNI ETF	$1.7M	0.1%	NEW	—
97	$ALB	ALBEMARLE CORP	$1.7M	0.1%	-21%	53.3
98	—	PIMCO ETF TR - MUNI INCOME OPP	$1.7M	0.1%	NEW	—
99	—	SPDR SERIES TRUST - ST NUVE HIGH ETF	$1.6M	0.1%	NEW	—
100	—	AB ACTIVE ETFS INC - TAX AWARE SHRT	$1.6M	0.1%	+0%	—
101	—	PROFESIONALLY MANAGED PORTFO - AKRE FOCUS ETF	$1.6M	0.1%	NEW	—
102	—	SCHWAB STRATEGIC TR - INTERNL DIVID	$1.6M	0.1%	-83%	—
103	—	FIRST TR EXCHANGE-TRADED FD - NASDQ CLN EDGE	$1.6M	0.1%	-96%	—
104	—	BLACKROCK ETF TRUST - ISHA SYST AL ETF	$1.6M	0.1%	NEW	—
105	$MCHP	MICROCHIP TECHNOLOGY INC	$1.5M	0.1%	-69%	52.9
106	—	VANECK ETF TRUST - SHRT HGH YLD MUN	$1.5M	0.1%	NEW	—
107	—	GLOBAL X FDS - DATA CTR DIG ETF	$1.4M	0.1%	NEW	—
108	—	J P MORGAN EXCHANGE TRADED F - SUST MUNI IN ETF	$1.4M	0.1%	NEW	—
109	—	BLACKROCK ETF TRUST II - SHOR DURA HI ETF	$1.4M	0.1%	NEW	—
110	$NOVT	NOVANTA INC	$1.4M	0.1%	+972%	51.2
111	$WT	WisdomTree, Inc.	$1.4M	0.1%	NEW	59.9
112	—	J P MORGAN EXCHANGE TRADED F - HIGH YIELD MUNI	$1.4M	0.1%	NEW	—
113	—	VANGUARD CALIF TAX FREE FDS - TAX EXEMPT BD FD	$1.4M	0.1%	+39%	—
114	—	BLACKROCK ETF TRUST II - ISHA GLO USD ETF	$1.3M	0.0%	NEW	—
115	—	PUTNAM ETF TRUST - FRAN MU HI YI ET	$1.3M	0.0%	NEW	—
116	$IVZ	Invesco Ltd.	$1.2M	0.0%	NEW	—
117	—	PUTNAM ETF TRUST - FRANK MASS ETF	$1.2M	0.0%	NEW	—
118	—	ISHARES TR - IBONDS DEC 2029	$1.2M	0.0%	NEW	—
119	$PCG	PG&E Corp	$1.2M	0.0%	-30%	58.8
120	$VSEC	VSE CORP	$1.1M	0.0%	+5%	56.5
121	—	DIMENSIONAL ETF TRUST - CALIF MUN BD ETF	$1.1M	0.0%	NEW	—
122	—	VANECK ETF TRUST - VANECK SHRT MUNI	$1.1M	0.0%	NEW	—
123	$PSLV	Sprott Physical Silver Trust	$1.1M	0.0%	+92%	—
124	—	ISHARES INC - MSCI TAIWAN ETF	$1.1M	0.0%	NEW	—
125	$WT	WisdomTree, Inc.	$1.1M	0.0%	-40%	59.9
126	—	INVESCO EXCH TRD SLF IDX FD - BULLETSHARE 2034	$1.0M	0.0%	NEW	—
127	$SOFI	SoFi Technologies, Inc.	$1.0M	0.0%	+5902%	62.4
128	$IVZ	Invesco Ltd.	$948,333	0.0%	NEW	—
129	—	HEWLETT PACKARD ENTERPRISE C - 7.625 MAND CONV	$926,404	0.0%	-88%	—
130	$SO	SOUTHERN CO	$922,453	0.0%	+386%	62
131	—	VANECK ETF TRUST - OIL REFINERS ETF	$905,702	0.0%	NEW	—
132	$ONDS	Ondas Inc.	$899,239	0.0%	NEW	56.4
133	—	INVESCO ACTIVELY MANAGED EXC - QQQ INC ADV ETF	$898,375	0.0%	NEW	—
134	—	PUTNAM ETF TRUST - FRANK MINN ETF	$810,501	0.0%	NEW	—
135	—	ISHARES TR - IBONDS DEC 2030	$796,330	0.0%	NEW	—
136	$IP	INTERNATIONAL PAPER CO /NEW/	$752,056	0.0%	NEW	52.1
137	—	ISHARES TR - MSCI EMG MKT ETF	$747,106	0.0%	NEW	—
138	$RGTI	Rigetti Computing, Inc.	$739,009	0.0%	-8%	14.3
139	$COIN	Coinbase Global, Inc.	$738,990	0.0%	-79%	44.8
140	—	ISHARES TR - MSCI CHINA ETF	$721,800	0.0%	NEW	—
141	—	PIMCO ETF TR - SHTRM MUN BD ACT	$702,859	0.0%	NEW	—
142	—	PUTNAM ETF TRUST - FRANKLIN MUNI	$656,239	0.0%	NEW	—
143	—	GOLDMAN SACHS ETF TR - DYNA CAL MUN ETF	$641,089	0.0%	-92%	—
144	$SPCX	SPACE EXPLORATION TECHNOLOGIES CORP	$606,040	0.0%	NEW	—
145	$SNDK	Sandisk Corp	$579,801	0.0%	+779%	87.7
146	—	ISHARES TR - RUS 1000 VAL ETF	$564,862	0.0%	NEW	—
147	—	ISHARES INC - MSCI MEXICO ETF	$550,901	0.0%	NEW	—
148	—	ISHARES TR - CALIF MUN BD ETF	$523,486	0.0%	NEW	—
149	—	PUTNAM ETF TRUST - FRANK OHIO ETF	$521,731	0.0%	NEW	—
150	$PLTR	Palantir Technologies Inc.	$517,781	0.0%	-73%	84.6