13F HOLDINGS REPORT
Ghisallo Capital Management LLC
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001172661-26-000914
Total Value
$2.24B
Positions
206
Other Managers
0
Confidential Omitted
No
Holdings (206)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | XPENG INC | XPNGF | 7,500,000 | $152.1M | 6.79% |
| 2 | BABA 09/15/32 CVT PUT | BABB | 136,500,000 | $140.6M | 6.28% |
| 3 | CHPAC 09/18/30 CVT PUT | YK0477157 | 900,000,000 | $123.7M | 5.52% |
| 4 | UL SOLUTIONS INC | ULS | 1,399,273 | $110.3M | 4.93% |
| 5 | PINGA 06/11/30 CVT PUT | YN1128530 | 521,000,000 | $84.5M | 3.77% |
| 6 | ITT INC | ITT | 450,000 | $78.1M | 3.49% |
| 7 | GLXY 0.500 05/01/31 CVT | 36317GAC0 | 95,000,000 | $72.1M | 3.22% |
| 8 | SYMBOTIC INC | SYM | 1,059,400 | $63.0M | 2.81% |
| 9 | ROLLINS INC | ROL | 1,000,000 | $60.0M | 2.68% |
| 10 | NEBIUS GROUP N.V. | NBIS | 575,000 | $48.1M | 2.15% |
| 11 | KODIAK GAS SVCS INC | 50012A108 | 1,200,000 | $44.9M | 2.00% |
| 12 | NIO INC | NIOIF | 8,000,000 | $40.8M | 1.82% |
| 13 | NANO NUCLEAR ENERGY INC | NNE | 1,592,000 | $38.2M | 1.71% |
| 14 | MEDLINE INC | MDLN | 900,000 | $37.8M | 1.69% |
| 15 | BABA 07/09/32 CVT PUT | BABB | 255,000,000 | $35.0M | 1.56% |
| 16 | SOFI TECHNOLOGIES INC | SOFI | 1,115,619 | $29.2M | 1.30% |
| 17 | MIAMI INTL HLDGS INC | 59356Q108 | 557,500 | $24.7M | 1.10% |
| 18 | WISTR 10/23/30 CVT PUT | YJ2912428 | 25,000,000 | $24.5M | 1.09% |
| 19 | ZTS 0.250 06/15/29 CVT | 98978VAY9 | 23,000,000 | $23.6M | 1.05% |
| 20 | CARIS LIFE SCIENCES INC | CAI | 845,332 | $22.8M | 1.02% |
| 21 | LEGENCE CORP | LGN | 500,000 | $21.5M | 0.96% |
| 22 | SERVICETITAN INC | TTAN | 200,000 | $21.3M | 0.95% |
| 23 | MAKEMYTRIP LIMITED MAURITIUS | MMYT | 250,000 | $20.5M | 0.92% |
| 24 | STEWART INFORMATION SVCS COR | 860372101 | 280,000 | $19.7M | 0.88% |
| 25 | NBIS 2.750 09/15/32 CVT | 63954QAF3 | 20,000,000 | $19.1M | 0.85% |
| 26 | BTDR 4.000 11/15/31 CVT PUT | 09175RAE0 | 20,000,000 | $18.1M | 0.81% |
| 27 | VOYG 0.750 11/15/30 CVT | 92892BAA1 | 16,500,000 | $17.2M | 0.77% |
| 28 | KARMAN HLDGS INC | KRMN | 225,000 | $16.5M | 0.74% |
| 29 | NAVITAS SEMICONDUCTOR CORP | NVTS | 2,222,222 | $15.9M | 0.71% |
| 30 | KRATOS DEFENSE & SEC SOLUTIO | 50077B207 | 200,000 | $15.2M | 0.68% |
| 31 | CLSK 02/15/32 CVT | CLSKW | 20,000,000 | $15.1M | 0.67% |
| 32 | DIAMONDBACK ENERGY INC | FANG | 100,000 | $15.0M | 0.67% |
| 33 | CHKP 12/15/30 CVT | 162775AA8 | 15,000,000 | $14.9M | 0.67% |
| 34 | ALIBABA GROUP HLDG LTD | BBAAY | 100,000 | $14.7M | 0.65% |
| 35 | LOAR HOLDINGS INC | LOAR | 200,000 | $13.6M | 0.61% |
| 36 | JAZZ INVESTMENTS I LTD | 472145AH4 | 10,000,000 | $13.3M | 0.59% |
| 37 | T1 ENERGY INC | TE-WT | 1,952,194 | $13.0M | 0.58% |
| 38 | OGE ENERGY CORP | OGE | 300,000 | $12.8M | 0.57% |
| 39 | ALLIANCE LAUNDRY HLDGS INC | ALH | 600,000 | $12.2M | 0.55% |
| 40 | EXC 3.250 03/15/29 CVT | 30161NBT7 | 12,000,000 | $12.0M | 0.53% |
| 41 | WAYSTAR HLDG CORP | WAY | 350,000 | $11.5M | 0.51% |
| 42 | ALMONTY INDS INC | 020398707 | 1,300,000 | $11.5M | 0.51% |
| 43 | KCCOP 1.750 07/10/30 CVT PUT | YM0319504 | 10,000,000 | $11.4M | 0.51% |
| 44 | GALAXY DIGITAL INC. | GLXY | 500,000 | $11.2M | 0.50% |
| 45 | EQV VENTURES ACQUISITION COR | G3106N109 | 1,000,000 | $10.5M | 0.47% |
| 46 | RICE ACQUISITION CORP 3 | KRSP-WT | 1,000,000 | $10.3M | 0.46% |
| 47 | NEW PROVIDENCE ACQUISITION C | G6476A102 | 1,000,000 | $10.3M | 0.46% |
| 48 | TITAN ACQUISITION CORP | TACHW | 1,000,000 | $10.3M | 0.46% |
| 49 | BAIN CAP GSS INVT CORP | G0R78B122 | 1,000,000 | $10.2M | 0.46% |
| 50 | CENTURI HOLDINGS INC | CTRI | 400,000 | $10.1M | 0.45% |
| 51 | KARBON CAP PARTNERS CORP | G5225W126 | 1,000,000 | $10.1M | 0.45% |
| 52 | NEWBURY STR II ACQUISITION C | G6439S109 | 950,000 | $9.9M | 0.44% |
| 53 | CRWV 1.750 12/01/31 CVT | 21873SAD0 | 10,500,000 | $9.9M | 0.44% |
| 54 | ALDEL FINL II INC | G01558108 | 900,000 | $9.5M | 0.42% |
| 55 | AMER SPORTS INC | AS | 250,000 | $9.3M | 0.42% |
| 56 | FORWARD INDS INC N Y | 349862409 | 1,351,352 | $8.9M | 0.40% |
| 57 | MDU RES GROUP INC | 552690109 | 451,229 | $8.8M | 0.39% |
| 58 | WULF 05/01/32 CVT | 88080TAE4 | 10,000,000 | $8.5M | 0.38% |
| 59 | ARCHIMEDES TECH SPAC PARTNER | G04537109 | 800,000 | $8.3M | 0.37% |
| 60 | FIGURE TECHNOLOGY SOLUTIO | FGRS | 200,000 | $8.2M | 0.36% |
| 61 | BKV CORP | BKV | 300,000 | $8.1M | 0.36% |
| 62 | EQV VENTURES AC CORP. II | G3106Q110 | 800,000 | $8.1M | 0.36% |
| 63 | RAMACO RES INC | METCZ | 9,500,000 | $8.0M | 0.36% |
| 64 | SLIDE INS HLDGS INC | 831349105 | 400,000 | $7.8M | 0.35% |
| 65 | FORD MTR CO | 345370CZ1 | 7,500,000 | $7.8M | 0.35% |
| 66 | FIGMA INC | FIG | 200,000 | $7.5M | 0.33% |
| 67 | ASTS 2.000 01/15/36 CVT | 00217DAE0 | 7,500,000 | $7.4M | 0.33% |
| 68 | DRUGS MADE IN AMER ACQ II CO | G2851K104 | 750,000 | $7.4M | 0.33% |
| 69 | NIQ GLOBAL INTELLIGENCE PLC | NIQ | 450,000 | $7.4M | 0.33% |
| 70 | NBIS 1.000 09/15/30 CVT | 63954QAE6 | 7,500,000 | $7.3M | 0.33% |
| 71 | XTEPI 1.500 02/18/26 CVT | YR4068270 | 56,000,000 | $7.2M | 0.32% |
| 72 | OKLO INC | OKLO | 100,000 | $7.2M | 0.32% |
| 73 | COREWEAVE INC | CRWV | 100,000 | $7.2M | 0.32% |
| 74 | AMERICAN HEALTHCARE REIT INC | AHR | 150,000 | $7.1M | 0.32% |
| 75 | BETA TECHNOLOGIES INC | BETA | 250,000 | $7.1M | 0.31% |
| 76 | AGRICULTURE & NAT SOL ACQ CO | G0131Y100 | 600,000 | $6.7M | 0.30% |
| 77 | VSE CORP | VSECU | 35,000 | $6.0M | 0.27% |
| 78 | WATERBRIDGE INFRASTRUCTURE L | WBI | 300,000 | $6.0M | 0.27% |
| 79 | MIRION TECHNOLOGIES INC | MIR | 250,000 | $5.9M | 0.26% |
| 80 | COIN 10/01/32 CVT | 19260QAJ6 | 6,500,000 | $5.8M | 0.26% |
| 81 | STANDARDAERO INC | SARO | 200,000 | $5.7M | 0.26% |
| 82 | CHIME FINL INC | 16935C109 | 225,000 | $5.7M | 0.25% |
| 83 | CENTRAL BANCOMPANY | CBC | 220,000 | $5.3M | 0.24% |
| 84 | ANDERSEN GROUP INC | ANDG | 200,000 | $5.2M | 0.23% |
| 85 | PERIMETER ACQUISITION CORP I | PMTRW | 500,000 | $5.1M | 0.23% |
| 86 | NAVAN INC | NAVN | 300,000 | $5.1M | 0.23% |
| 87 | CANTOR EQUITY PARTNERS III I | G1828A108 | 500,000 | $5.1M | 0.23% |
| 88 | MRTFC 0.500 12/16/28 CVT | DC2204840 | 4,000,000 | $5.1M | 0.23% |
| 89 | MP MATERIALS CORP | MP | 100,000 | $5.1M | 0.23% |
| 90 | OXLEY BRIDGE ACQ LTD | OBAWW | 500,000 | $5.0M | 0.22% |
| 91 | AMERICAN DRIVE ACQUISITION C | ADACW | 500,000 | $5.0M | 0.22% |
| 92 | LAUNCHPAD CADENZA ACQUISITIO | LPCVW | 500,000 | $5.0M | 0.22% |
| 93 | COINBASE GLOBAL INC | COIN | 5,000,000 | $5.0M | 0.22% |
| 94 | GRUPO AEROMEXICO SAB DE CV | 40054J109 | 225,000 | $4.9M | 0.22% |
| 95 | OAKTREE ACQUISITION CORP III | OACCW | 450,000 | $4.8M | 0.21% |
| 96 | WEALTHFRONT CORP | WLTH | 350,000 | $4.8M | 0.21% |
| 97 | HYCROFT MINING HOLDING CORP | HYMCW | 200,000 | $4.8M | 0.21% |
| 98 | KESTRA MED TECHNOLOGIES LTD | BEKE | 176,992 | $4.7M | 0.21% |
| 99 | IRENX 1.000 06/01/33 CVT | IREN | 5,000,000 | $4.7M | 0.21% |
| 100 | COIN 10/01/29 CVT | 19260QAG2 | 5,000,000 | $4.6M | 0.21% |
| 101 | NETSKOPE INC | NTSK | 250,000 | $4.4M | 0.20% |
| 102 | CHURCHILL CAPITAL CORP IX | CCIXW | 400,000 | $4.3M | 0.19% |
| 103 | CADRE HLDGS INC | CDRE | 103,159 | $4.2M | 0.19% |
| 104 | BULLISH | BLSH | 110,000 | $4.2M | 0.19% |
| 105 | MCGRAW HILL INC | MH | 250,000 | $4.1M | 0.18% |
| 106 | GORES HLDGS X INC | G4002F109 | 400,000 | $4.1M | 0.18% |
| 107 | PRIMO BRANDS CORPORATION | PRMB | 250,000 | $4.1M | 0.18% |
| 108 | TRAILBLAZER ACQUISITION CORP | BLZRW | 400,000 | $4.0M | 0.18% |
| 109 | CIRCLE INTERNET GROUP INC | CRCL | 50,000 | $4.0M | 0.18% |
| 110 | JOBY AVIATION INC | JOBY-WT | 300,000 | $4.0M | 0.18% |
| 111 | ATOUR LIFESTYLE HLDGS LTD | ATAT | 100,000 | $3.9M | 0.18% |
| 112 | VIPER ENERGY INC | VNOM | 100,000 | $3.9M | 0.17% |
| 113 | QXO INC | QXO-PB | 200,000 | $3.9M | 0.17% |
| 114 | ARCHER AVIATION INC | ACHR-WT | 500,000 | $3.8M | 0.17% |
| 115 | CANTOR EQUITY PARTNERS IV IN | G1828E100 | 350,000 | $3.6M | 0.16% |
| 116 | FIREFLY AEROSPACE INC | FLY | 160,000 | $3.6M | 0.16% |
| 117 | ETORO GROUP LTD | ETOR | 100,000 | $3.5M | 0.16% |
| 118 | LINEAGE INC | LINE | 100,100 | $3.5M | 0.16% |
| 119 | HINGE HEALTH INC | HNGE | 75,000 | $3.5M | 0.16% |
| 120 | GOLD ROYALTY CORP | GROY-WT | 850,000 | $3.4M | 0.15% |
| 121 | BBB FOODS INC | TBBB | 100,000 | $3.3M | 0.15% |
| 122 | LIGHTWAVE ACQUISITION CORP | LWACW | 325,000 | $3.3M | 0.15% |
| 123 | CEVA INC | CEVA | 150,000 | $3.2M | 0.14% |
| 124 | SMARTSTOP SELF STORAG REIT I | 83192D402 | 100,000 | $3.1M | 0.14% |
| 125 | SAILPOINT INC | SAIL | 150,000 | $3.0M | 0.14% |
| 126 | ALUSSA ENERGY ACQUISITION CO | ALUB-WT | 300,000 | $3.0M | 0.14% |
| 127 | SILVERBOX CORP V | SBXE-WT | 300,000 | $3.0M | 0.14% |
| 128 | SAFEGUARD ACQUISITION CORP | SAC-WT | 300,000 | $3.0M | 0.14% |
| 129 | JLMAG 1.750 08/04/30 CVT PUT | YM6853217 | 3,000,000 | $3.0M | 0.13% |
| 130 | ADECOAGRO S A | AGRO | 376,666 | $3.0M | 0.13% |
| 131 | VIA TRANSN INC | 92556W104 | 100,000 | $2.9M | 0.13% |
| 132 | TASEKO MINES LTD | TGB | 500,000 | $2.8M | 0.13% |
| 133 | VICI PPTYS INC | 925652109 | 100,000 | $2.8M | 0.13% |
| 134 | COINCHECK GROUP NV | CNCKW | 1,055,172 | $2.7M | 0.12% |
| 135 | 1RT ACQUISITION CORP. | ONCHW | 250,000 | $2.6M | 0.12% |
| 136 | OMADA HEALTH INC | OMDA | 163,000 | $2.6M | 0.11% |
| 137 | CANTOR EQUITY PARTNERS V INC | CEPV | 250,000 | $2.6M | 0.11% |
| 138 | OTG ACQUISITION CORP. I | OTGAW | 250,000 | $2.5M | 0.11% |
| 139 | FUTURECREST ACQUISITION CORP | FCRS-WT | 250,000 | $2.5M | 0.11% |
| 140 | PIONEER ACQUISITION I CORP | PACHW | 250,000 | $2.5M | 0.11% |
| 141 | DAEDALUS SPL ACQUISITION COR | G2616C124 | 250,000 | $2.5M | 0.11% |
| 142 | GENERAL PURP ACQUISITION COR | G3810N122 | 250,000 | $2.5M | 0.11% |
| 143 | ACTIVATE ENERGY ACQUISITION | AEAQW | 250,000 | $2.5M | 0.11% |
| 144 | CRANE HBR ACQUISITION CORP | CR | 250,000 | $2.5M | 0.11% |
| 145 | LANDBRIDGE COMPANY LLC | LB | 50,219 | $2.5M | 0.11% |
| 146 | BLACK ROCK COFFEE BAR INC | BRCB | 110,000 | $2.4M | 0.11% |
| 147 | CARDINAL INFRASTRUCTURE GROU | CDNL | 100,000 | $2.4M | 0.11% |
| 148 | LUMEXA IMAGING HOLDINGS INC | LMRI | 125,000 | $2.3M | 0.10% |
| 149 | PATTERN GROUP INC | PTRN | 200,000 | $2.3M | 0.10% |
| 150 | AMERICAN INTEGRITY INS GROUP | 026948109 | 109,219 | $2.3M | 0.10% |
| 151 | CHENGHE ACQUISITION III CO | CHECW | 225,000 | $2.2M | 0.10% |
| 152 | HEARTFLOW INC | HTFL | 75,000 | $2.2M | 0.10% |
| 153 | ATEGRITY SPECIALTY IN CO HO | 04681Y103 | 100,000 | $2.1M | 0.09% |
| 154 | BLUE WTR ACQUISITION CORP. I | G1368E106 | 200,000 | $2.1M | 0.09% |
| 155 | WEN ACQUISITION CORP | WENNW | 200,000 | $2.0M | 0.09% |
| 156 | FIGX CAP ACQUISITION CORP. | G3473K100 | 200,000 | $2.0M | 0.09% |
| 157 | MOUNTAIN LAKE ACQUISITION CO | MLACU | 200,000 | $2.0M | 0.09% |
| 158 | GALATA ACQUISITION CORP II | LATAW | 200,000 | $2.0M | 0.09% |
| 159 | TITAN AMER SA | B9151N105 | 120,000 | $2.0M | 0.09% |
| 160 | VOYAGER TECHNOLOGIES INC | VOYG | 75,000 | $2.0M | 0.09% |
| 161 | CANTOR EQUITY PARTNERS II IN | G1827P106 | 150,000 | $1.7M | 0.08% |
| 162 | SMITHFIELD FOODS INC | SFD | 75,000 | $1.7M | 0.07% |
| 163 | DENALI THERAPEUTICS INC | DNLI | 100,000 | $1.7M | 0.07% |
| 164 | ACCELERANT HOLDINGS | ARX | 100,000 | $1.6M | 0.07% |
| 165 | INGRAM MICRO HLDG CORP | INGM | 75,000 | $1.6M | 0.07% |
| 166 | IVANHOE ELECTRIC INC | IE | 100,000 | $1.6M | 0.07% |
| 167 | GUARDIAN PHARMACY SVCS INC | 40145W101 | 50,000 | $1.5M | 0.07% |
| 168 | RANGE CAP ACQUISITION CORP I | G7375J103 | 150,000 | $1.5M | 0.07% |
| 169 | TWFG INC | TWFG | 50,000 | $1.4M | 0.06% |
| 170 | DLOCAL LTD | DLO | 100,000 | $1.4M | 0.06% |
| 171 | CHAGEE HLDGS LTD | CHA | 120,000 | $1.4M | 0.06% |
| 172 | FLOWCO HLDGS INC | FLOC | 70,000 | $1.3M | 0.06% |
| 173 | MNTN INC | MNTN | 100,000 | $1.2M | 0.05% |
| 174 | SAFE PRO GROUP INC | SPAI | 286,000 | $1.2M | 0.05% |
| 175 | URANIUM ENERGY CORP | UEC | 100,000 | $1.2M | 0.05% |
| 176 | INFINITY NAT RES INC | 456941103 | 75,000 | $1.1M | 0.05% |
| 177 | SOLANA CO | HSDT | 363,319 | $1.0M | 0.05% |
| 178 | CLEANCORE SOLUTIONS INC | ZONE | 4,000,000 | $1.0M | 0.05% |
| 179 | PROCAP ACQUISITION CORP | PCAPW | 100,000 | $1.0M | 0.05% |
| 180 | M3-BRIGADE ACQUISITION VI CO | MBVIW | 100,000 | $1.0M | 0.04% |
| 181 | CHURCHILL CAP CORP X | G2130T108 | 100,000 | $1.0M | 0.04% |
| 182 | BLUEROCK ACQUISITION CORP | BLRKW | 100,000 | $1.0M | 0.04% |
| 183 | ITHAX ACQUISITION CORP III | ITHAW | 100,000 | $996,000 | 0.04% |
| 184 | SAVERS VALUE VLG INC | 80517M109 | 100,000 | $934,000 | 0.04% |
| 185 | DISC MEDICINE INC | IRON | 10,000 | $794,100 | 0.04% |
| 186 | PLANET LABS PBC | PL-WT | 40,000 | $788,800 | 0.04% |
| 187 | JEFFERSON CAPITAL INC | JCAP | 35,000 | $781,900 | 0.03% |
| 188 | LOGCO 6.950 08/04/26 CVT PUT | BT8137494 | 56,000,000 | $751,919 | 0.03% |
| 189 | XILIO THERAPEUTICS INC | XLO | 1,113,222 | $712,685 | 0.03% |
| 190 | GEMINI SPACE STA INC | GEMI | 70,000 | $694,400 | 0.03% |
| 191 | CARLSMED INC | CARL | 50,000 | $617,500 | 0.03% |
| 192 | PHOENIX ED PARTNERS INC | 718968100 | 20,000 | $606,000 | 0.03% |
| 193 | BILLIONTOONE INC | BLLN | 7,000 | $572,880 | 0.03% |
| 194 | AMBIQ MICRO INC | AMBQ | 20,000 | $570,000 | 0.03% |
| 195 | MESHFLOW ACQUISITION CORP | MESHW | 50,000 | $500,000 | 0.02% |
| 196 | GENENTA SCIENCE S P A | GNTA | 323,797 | $482,458 | 0.02% |
| 197 | COASTALSOUTH BANCSHARES INC | COSO | 20,000 | $465,000 | 0.02% |
| 198 | STRIVE INC | SATA | 500,000 | $369,000 | 0.02% |
| 199 | MAPLIGHT THERAPEUTICS INC | MPLT | 20,000 | $351,300 | 0.02% |
| 200 | NEW AMER ACQUISITION I CORP | 023634207 | 30,000 | $312,300 | 0.01% |
| 201 | DWAHY 03/30/29 '29 CVT | ZF2943735 | 40,000,000 | $272,389 | 0.01% |
| 202 | AVIDBANK HLDGS INC | AVBH | 10,000 | $265,600 | 0.01% |
| 203 | CARTESIAN GROWTH CORP III | CGCTW | 25,000 | $257,250 | 0.01% |
| 204 | HCM III ACQUISITION CORP | HCMAW | 25,000 | $251,500 | 0.01% |
| 205 | DRUGS MADE IN AMER ACQ II CO | G2851K112 | 750,000 | $105,000 | 0.00% |
| 206 | MULTISENSOR AI HOLDINGS INC | MSAIW | 248,960 | $71,700 | 0.00% |