13F COMBINATION REPORT
ABSOLUTE INVESTMENT ADVISERS LLC
Quarter ended Q2 2025 · Filed July 15, 2025 · Accession 0001062993-25-012879
Total Value
$808.4M
Positions
115
Other Managers
0
Confidential Omitted
No
Holdings (115)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | GRANITE CONSTR INC | GVA | 15,000,000 | $20.5M | 2.53% |
| 2 | BLACKROCK TECH AND PRIVATE E | BLK | 2,600,158 | $19.1M | 2.36% |
| 3 | FLUOR CORP | FLR | 13,889,000 | $18.2M | 2.25% |
| 4 | PATRICK INDS INC | 703343AG8 | 10,949,000 | $16.3M | 2.02% |
| 5 | TETRA TECH INC NEW | TTEK | 14,292,000 | $16.0M | 1.98% |
| 6 | HALOZYME THERAPEUTICS INC | HALO | 14,000,000 | $15.9M | 1.97% |
| 7 | ORMAT TECHNOLOGIES INC | ORA | 14,000,000 | $15.3M | 1.90% |
| 8 | PROGRESS SOFTWARE CORP | 743312AD2 | 12,000,000 | $13.9M | 1.72% |
| 9 | FRESHPET INC | FRPT | 11,000,000 | $13.6M | 1.69% |
| 10 | GREENBRIER COS INC | 393657AM3 | 12,795,000 | $13.6M | 1.68% |
| 11 | LANTHEUS HLDGS INC | LNTH | 10,579,000 | $13.5M | 1.66% |
| 12 | AKAMAI TECHNOLOGIES INC | AKAM | 13,790,000 | $13.1M | 1.62% |
| 13 | SEMTECH CORP | SMTC | 9,000,000 | $12.8M | 1.59% |
| 14 | BLACKLINE INC | BL | 12,000,000 | $12.8M | 1.58% |
| 15 | FIVERR INTL LTD | 33835LAA3 | 13,000,000 | $12.7M | 1.57% |
| 16 | CHEFS WHSE INC | 163086AE1 | 8,000,000 | $12.5M | 1.54% |
| 17 | ON SEMICONDUCTOR CORP | ON | 13,168,000 | $12.2M | 1.50% |
| 18 | MKS INC. | MKSI | 12,268,000 | $12.1M | 1.50% |
| 19 | ADVANCED ENERGY INDS | 007973AE0 | 10,000,000 | $12.0M | 1.48% |
| 20 | MIDDLEBY CORP | MIDD | 10,600,000 | $11.9M | 1.47% |
| 21 | BENTLEY SYS INC | BSY | 12,500,000 | $11.8M | 1.46% |
| 22 | CONFLUENT INC | 20717MAB9 | 12,077,000 | $11.2M | 1.39% |
| 23 | EXACT SCIENCES CORP | 30063PAB1 | 11,725,000 | $11.2M | 1.38% |
| 24 | WAYFAIR INC | W | 9,679,000 | $11.0M | 1.36% |
| 25 | DROPBOX INC | DBX | 11,000,000 | $10.9M | 1.35% |
| 26 | PARSONS CORP DEL | PSN | 10,000,000 | $10.7M | 1.32% |
| 27 | ENCORE CAP GROUP INC | ECR | 11,250,000 | $10.6M | 1.31% |
| 28 | NCL CORP LTD | 62886HBD2 | 10,500,000 | $10.3M | 1.27% |
| 29 | CORNERSTONE STRATEGIC INVEST | CLM | 1,229,119 | $10.0M | 1.23% |
| 30 | NUVEEN CR STRATEGIES INCOME | NU | 1,847,341 | $10.0M | 1.23% |
| 31 | VISHAY INTERTECHNOLOGY INC | VSH | 11,000,000 | $9.9M | 1.22% |
| 32 | CORNERSTONE TOTAL RETURN FD | 21924U300 | 1,274,973 | $9.9M | 1.22% |
| 33 | ENOVIS CORPORATION | ENOV | 10,000,000 | $9.9M | 1.22% |
| 34 | ALARM COM HLDGS INC | ALRM | 10,000,000 | $9.7M | 1.20% |
| 35 | PAGERDUTY INC | PD | 10,000,000 | $9.5M | 1.18% |
| 36 | ITRON INC | ITRI | 8,000,000 | $9.5M | 1.18% |
| 37 | CONMED CORP | CNMD | 10,000,000 | $9.5M | 1.17% |
| 38 | UPWORK INC | UPWK | 9,890,000 | $9.3M | 1.15% |
| 39 | VERINT SYSTEMS INC | 92343XAC4 | 9,500,000 | $9.1M | 1.12% |
| 40 | CSG SYS INTL INC | 126349AH2 | 8,000,000 | $9.0M | 1.12% |
| 41 | APPLIED OPTOELECTRONICS INC | AAOI | 9,000,000 | $8.8M | 1.08% |
| 42 | SPECTRUM BRANDS INC | SPB | 9,500,000 | $8.6M | 1.07% |
| 43 | POST HLDGS INC | POST | 7,500,000 | $8.6M | 1.06% |
| 44 | GLOBAL PMTS INC | 37940XAU6 | 9,468,000 | $8.5M | 1.05% |
| 45 | VERTEX INC | VERX | 7,020,000 | $8.4M | 1.04% |
| 46 | LIVANOVA PLC | LIVN | 8,000,000 | $8.1M | 1.00% |
| 47 | VEECO INSTRS INC DEL | 922417AJ9 | 7,500,000 | $7.9M | 0.98% |
| 48 | ITRON INC | ITRI | 7,000,000 | $7.9M | 0.98% |
| 49 | NORTHERN OIL & GAS INC | NOG | 7,500,000 | $7.8M | 0.97% |
| 50 | VIRTUS TOTAL RETURN FD INC | 92835W107 | 1,255,160 | $7.8M | 0.97% |
| 51 | WINNEBAGO INDS INC | 974637AF7 | 9,000,000 | $7.7M | 0.96% |
| 52 | RAPID7 INC | RPD | 8,123,000 | $7.5M | 0.93% |
| 53 | ADVENT CONV & INCOME FD | 00764C109 | 616,686 | $7.5M | 0.92% |
| 54 | MAGNITE INC | MGNI | 7,500,000 | $7.2M | 0.89% |
| 55 | LCI INDS | 501812AB7 | 7,217,000 | $7.0M | 0.86% |
| 56 | PACIRA BIOSCIENCES INC | PCRX | 7,000,000 | $6.8M | 0.85% |
| 57 | IMAX CORP | IMAX | 6,000,000 | $6.7M | 0.83% |
| 58 | CENTURY ALUM CO | CENX | 5,650,000 | $6.7M | 0.83% |
| 59 | BOX INC | BXCAP | 5,000,000 | $6.7M | 0.83% |
| 60 | BANDWIDTH INC | BAND | 7,840,000 | $6.5M | 0.81% |
| 61 | WORKIVA INC | WK | 7,000,000 | $6.5M | 0.80% |
| 62 | WORKIVA INC | WK | 6,000,000 | $6.4M | 0.80% |
| 63 | ALARM COM HLDGS INC | ALRM | 6,600,000 | $6.4M | 0.79% |
| 64 | PROGRESS SOFTWARE CORP | 743312AB6 | 5,350,000 | $6.4M | 0.79% |
| 65 | SSR MINING IN | SSRGF | 6,000,000 | $6.2M | 0.77% |
| 66 | FIVE9 INC | FIVN | 7,000,000 | $6.1M | 0.76% |
| 67 | JAZZ INVESTMENTS I LTD | 472145AF8 | 6,000,000 | $6.1M | 0.75% |
| 68 | REPLIGEN CORP | RGEN | 6,000,000 | $5.9M | 0.74% |
| 69 | MESA LABS INC | 59064RAA7 | 5,982,000 | $5.9M | 0.73% |
| 70 | WESTERN ASSET GBL HIGH INC F | 95766B109 | 870,040 | $5.7M | 0.70% |
| 71 | SABA CAPITAL INCOME & OPRNT | 78518H202 | 685,417 | $5.5M | 0.68% |
| 72 | DESTRA MULTI-ALTERNATIVE FD | 25065A502 | 618,063 | $5.4M | 0.67% |
| 73 | GOPRO INC | GPRO | 6,000,000 | $5.4M | 0.67% |
| 74 | SOLARIS ENERGY INFRAS INC | SEI | 4,000,000 | $5.4M | 0.66% |
| 75 | GREEN PLAINS INC | GPRE | 5,900,000 | $5.0M | 0.62% |
| 76 | ABRDN INCOME CREDIT STRATEGI | ACP-PA | 793,859 | $4.7M | 0.58% |
| 77 | LUMENTUM HLDGS INC | LITE | 4,450,000 | $4.6M | 0.57% |
| 78 | AMC NETWORKS INC | 00164VAJ2 | 5,500,000 | $4.5M | 0.56% |
| 79 | ACCURAY INC DEL | ARAY | 4,700,000 | $4.5M | 0.56% |
| 80 | ALPHATEC HLDGS INC | ATEC | 4,512,000 | $4.5M | 0.55% |
| 81 | MANNKIND CORP | MNKD | 4,300,000 | $4.3M | 0.54% |
| 82 | RIVERNORTH FLEXIBLE MUNI INC | 76883Y107 | 336,452 | $4.3M | 0.53% |
| 83 | Q2 HLDGS INC | QTWO | 4,000,000 | $3.9M | 0.49% |
| 84 | BLACKROCK CORE BD TR | BLK | 392,051 | $3.8M | 0.47% |
| 85 | ABRDN EMERGING MARKETS EX CH | AEF | 591,571 | $3.5M | 0.43% |
| 86 | NYLI CBRE GBL INFR MEGTRNDS | 56064Q107 | 234,717 | $3.3M | 0.41% |
| 87 | NUVEEN MULTI ASSET INCOME FU | 670750108 | 214,500 | $2.7M | 0.34% |
| 88 | WESTERN ASSET HIGH INCOM FD | 95766J102 | 625,944 | $2.7M | 0.33% |
| 89 | REDFIN CORP | 75737FAE8 | 2,925,000 | $2.6M | 0.33% |
| 90 | CIPHER MINING INC | 17253JAA4 | 2,000,000 | $2.6M | 0.32% |
| 91 | VOYA EMERGING MKTS HIGH DIVI | 92912P108 | 251,694 | $1.5M | 0.18% |
| 92 | VOYA ASIA PAC HIGH DIV EQT I | 92912J102 | 210,900 | $1.5M | 0.18% |
| 93 | BLACKROCK SCIENCE & TECHNOLO | BLK | 62,574 | $1.3M | 0.16% |
| 94 | INVESCO TR INVT GRADE MUNS | IVZ | 134,211 | $1.3M | 0.16% |
| 95 | XAI MADISON EQUITY PREMIUM I | MCN | 203,355 | $1.3M | 0.16% |
| 96 | LUMENTUM HLDGS INC | LITE | 1,000,000 | $1.2M | 0.14% |
| 97 | XOMETRY INC | XMTR | 1,000,000 | $1.0M | 0.13% |
| 98 | EATON VANCE CALIF MUN BD FD | ETN | 104,332 | $930,641 | 0.12% |
| 99 | PIONEER HIGH INCOME FUND INC | 72369H106 | 113,227 | $916,006 | 0.11% |
| 100 | GABELLI HLTHCARE & WELLNESS | 36246K103 | 85,122 | $804,403 | 0.10% |
| 101 | GOSSAMER BIO INC | GOSS | 1,500,000 | $775,500 | 0.10% |
| 102 | NUVEEN QUALITY MUNCP INCOME | NU | 65,500 | $739,495 | 0.09% |
| 103 | PIONEER FLOATING RATE FUND I | PHD | 71,220 | $699,380 | 0.09% |
| 104 | PIONEER MUN HIGH INCOME OPPO | 723760104 | 59,120 | $697,616 | 0.09% |
| 105 | TORTOISE SUSTAINABLE & SOCIA | 27901F109 | 56,871 | $696,385 | 0.09% |
| 106 | ABRDN GLOBAL DYNAMIC DIVIDEN | AGD | 59,946 | $661,804 | 0.08% |
| 107 | INVESCO ADVANTAGE MUN INCOME | IVZ | 72,100 | $603,477 | 0.07% |
| 108 | INVESCO QUALITY MUN INCOME T | IVZ | 63,700 | $597,506 | 0.07% |
| 109 | INVESCO MUN OPPORTUNITY TR | IVZ | 63,600 | $583,848 | 0.07% |
| 110 | INVESCO MUNICIPAL TRUST | VKQ | 63,600 | $581,940 | 0.07% |
| 111 | INOTIV INC | NOTV | 2,000,000 | $474,754 | 0.06% |
| 112 | BLACKROCK CALIF MUN INCOME T | BLK | 34,536 | $373,334 | 0.05% |
| 113 | PIONEER DIVERSIFIED HIGH INC | 723653101 | 18,360 | $229,592 | 0.03% |
| 114 | NEUBERGER BERMAN REAL ESTATE | NRO | 67,152 | $216,229 | 0.03% |
| 115 | SABA CAPITAL INCOME & OPPORT | BRW | 13,742 | $126,289 | 0.02% |