MARINER INVESTMENT GROUP LLC
CIK 0001096978
Annualised vol
4.126519%
Beta
0.130724
HHI
880.553457
Top-10 weight
72.581499%
VaR 95%
0.380378%
VaR 99%
0.751845%
Max drawdown
9.490967%
Matched value
25.133495%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| IBIT | UNCHANGED | 3,129,352 | 3,129,352 | 0.0% | 104,176,128 |
| FLR | UNCHANGED | 25,100,000 | 25,100,000 | 0.0% | 33,301,425 |
| DASH | NEW | 25,000,000 | - | - | 24,656,250 |
| RITM | UNCHANGED | 1,332,583 | 1,332,583 | 0.0% | 12,512,954 |
| AKAM | NEW | 7,500,000 | - | - | 10,955,626 |
| RWT | UNCHANGED | 2,350,361 | 2,350,361 | 0.0% | 4,435,711 |
| MTZ | ADDED | 8,000 | 6,000 | 33.33% | 3,328,480 |
| COHR | REDUCED | 36,500 | 42,500 | -14.12% | 2,440,025 |
| Q | ADDED | 104,000 | 50,000 | 108.0% | 2,208,240 |
| CIEN | NEW | 36,000 | - | - | 2,142,000 |
| GEV | NEW | 11,000 | - | - | 2,020,860 |
| TOL | NEW | 10,000 | - | - | 1,647,500 |
| IREN | NEW | 70,000 | - | - | 1,440,900 |
| LUMN | ADDED | 175,000 | 75,000 | 133.33% | 1,344,000 |
| ENTG | ADDED | 50,000 | 25,000 | 100.0% | 1,085,000 |
| EQT | UNCHANGED | 20,000 | 20,000 | 0.0% | 1,063,400 |
| SABR | NEW | 400,000 | - | - | 836,000 |
| WMT | REDUCED | 7,264 | 29,964 | -75.76% | 822,721 |
| CAT | ADDED | 15,500 | 8,800 | 76.14% | 790,113 |
| WIX | ADDED | 17,144 | 9,000 | 90.49% | 777,823 |
| OLN | ADDED | 254,000 | 236,000 | 7.63% | 665,450 |
| CIFR | NEW | 25,000 | - | - | 612,500 |
| ON | REDUCED | 500,000 | 12,500,000 | -96.0% | 603,750 |
| AES | UNCHANGED | 35,000 | 35,000 | 0.0% | 513,100 |
| CRWV | NEW | 5,000 | - | - | 497,700 |
| FLEX | NEW | 3,000 | - | - | 486,210 |
| WOLF | REDUCED | 10,000 | 296,000 | -96.62% | 482,500 |
| XPRO | ADDED | 30,000 | 20,000 | 50.0% | 443,100 |
| IHRT | ADDED | 102,064 | 63,178 | 61.55% | 437,855 |
| MCD | REDUCED | 1,500 | 30,000 | -95.0% | 405,465 |
| NE | UNCHANGED | 10,000 | 10,000 | 0.0% | 373,000 |
| NOK | NEW | 500,000 | - | - | 365,000 |
| USAR | NEW | 15,000 | - | - | 323,700 |
| AVEX | NEW | 13,528 | - | - | 282,600 |
| PMTS | REDUCED | 13,050 | 18,050 | -27.7% | 271,179 |
| TSEM | NEW | 1,000 | - | - | 260,640 |
| ENPH | NEW | 5,000 | - | - | 246,200 |
| HWM | ADDED | 70,000 | 25,000 | 180.0% | 235,500 |
| ARES | NEW | 40,000 | - | - | 222,000 |
| AOMR | UNCHANGED | 17,754 | 17,754 | 0.0% | 161,206 |
| STM | NEW | 28,500 | - | - | 161,025 |
| LEN | UNCHANGED | 123,500 | 123,500 | 0.0% | 151,813 |
| OCSL | ADDED | 304,000 | 200,000 | 52.0% | 136,800 |
| ARCC | NEW | 200,000 | - | - | 95,000 |
| ETN | NEW | 18,000 | - | - | 94,500 |
| ALB | NEW | 40,000 | - | - | 27,050 |
| CARR | REDUCED | 50,000 | 75,000 | -33.33% | 16,250 |
| IP | REDUCED | 50,000 | 100,000 | -50.0% | 13,750 |
| BRLS | UNCHANGED | 23,300 | 23,300 | 0.0% | 1,093 |
| CYCU | UNCHANGED | 30,000 | 30,000 | 0.0% | 525 |
| SNOW | CLOSED OUT | 0 | 15,000,000 | -100.0% | 0 |
| APA | CLOSED OUT | 0 | 200,000 | -100.0% | 0 |
| KHC | CLOSED OUT | 0 | 200,000 | -100.0% | 0 |
| BLDR | CLOSED OUT | 0 | 115,000 | -100.0% | 0 |
| COP | CLOSED OUT | 0 | 100,000 | -100.0% | 0 |
| TLN | CLOSED OUT | 0 | 60,000 | -100.0% | 0 |
| SW | CLOSED OUT | 0 | 50,000 | -100.0% | 0 |
| WING | CLOSED OUT | 0 | 33,500 | -100.0% | 0 |
| FITB | CLOSED OUT | 0 | 25,000 | -100.0% | 0 |
| DAL | CLOSED OUT | 0 | 25,000 | -100.0% | 0 |
| VST | CLOSED OUT | 0 | 25,000 | -100.0% | 0 |
| LGN | CLOSED OUT | 0 | 15,000 | -100.0% | 0 |
| MCHP | CLOSED OUT | 0 | 13,000 | -100.0% | 0 |
| DE | CLOSED OUT | 0 | 10,000 | -100.0% | 0 |
| CEG | CLOSED OUT | 0 | 10,000 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| IBIT | UNCHANGED | ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 | 104,176,128 | 22.49 | 3129352.0 |
| - | STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 57,109,236 | 12.33 | 76475.0 | |
| - | ALIBABA GROUP HLDG LTD | NOTE 0.500% 6/0 | 01609WBG6 | 35,430,000 | 7.65 | 3.0E7 | |
| FLR | UNCHANGED | FLUOR CORP | NOTE 1.125% 8/1 | 343412AJ1 | 33,301,425 | 7.19 | 2.51E7 |
| DASH | NEW | DOORDASH INC | NOTE 5/1 | 25809KAB1 | 24,656,250 | 5.32 | 2.5E7 |
| - | GLOBAL PMTS INC | NOTE 1.500% 3/0 | 37940XAU6 | 22,500,000 | 4.86 | 2.5E7 | |
| - | INVESCO QQQ TR | UNIT SER 1 | 46090E103 | 19,474,000 | 4.21 | 1400000.0 | |
| - | RIVIAN AUTOMOTIVE INC | NOTE 3.625%10/1 | 76954AAD5 | 16,015,868 | 3.46 | 1.5E7 | |
| RITM | UNCHANGED | RITHM CAPITAL CORP | COM NEW | 64828T201 | 12,512,954 | 2.7 | 1332583.0 |
| AKAM | NEW | AKAMAI TECHNOLOGIES INC | NOTE 0.250% 5/1 | 00971TAQ4 | 10,955,626 | 2.37 | 7500000.0 |
| - | ISHARES TR | 1 3 YR TREAS BD | 464287457 | 8,309,450 | 1.79 | 101199.0 | |
| - | LIVE NATION ENTERTAINMENT IN | NOTE 2.875% 1/1 | 538034BC2 | 5,980,000 | 1.29 | 5000000.0 | |
| - | CHIMERA INVT CORP | COM SHS | 16934Q802 | 5,054,513 | 1.09 | 378899.0 | |
| - | ISHARES TR | NATIONAL MUN ETF | 464288414 | 4,891,759 | 1.06 | 45454.0 | |
| - | ENTERGY CORP NEW | COM | 29364G103 | 4,594,400 | 0.99 | 40000.0 | |
| - | VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 | 4,213,643 | 0.91 | 53317.0 | |
| - | LINCOLN ELEC HLDGS INC | COM | 533900106 | 4,169,835 | 0.9 | 15705.0 | |
| - | WILLIAMS COS INC | COM | 969457100 | 4,088,700 | 0.88 | 55000.0 | |
| - | CORNING INC | COM | 219350105 | 3,576,020 | 0.77 | 14000.0 | |
| - | SHIFT4 PMTS INC | 6 SER A CNV PREF | 82452J307 | 3,424,850 | 0.74 | 55000.0 | |
| MTZ | ADDED | MASTEC INC | COM | 576323109 | 3,328,480 | 0.72 | 8000.0 |
| - | GRUPO AEROMEXICO SAB DE CV | SPONSORED ADS | 40054J109 | 3,047,040 | 0.66 | 169280.0 | |
| - | FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 | 2,847,960 | 0.61 | 12000.0 | |
| - | ISHARES INC | MSCI BRAZIL ETF | 464286400 | 2,760,000 | 0.6 | 80000.0 | |
| RWT | UNCHANGED | REDWOOD TRUST INC | COM | 758075402 | 2,608,711 | 0.56 | 550361.0 |
| COHR | REDUCED | COHERENT CORP | COM | 19247G107 | 2,440,025 | 0.53 | 36500.0 |
| - | SHIFT4 PMTS INC | CL A | 82452J109 | 2,432,000 | 0.53 | 50000.0 | |
| - | ISHARES TR | 3 7 YR TREAS BD | 464288661 | 2,413,715 | 0.52 | 20551.0 | |
| CIEN | NEW | CIENA CORP | COM NEW | 171779309 | 2,142,000 | 0.46 | 36000.0 |
| - | ISHARES TR | 7-10 YR TRSY BD | 464287440 | 2,136,904 | 0.46 | 22596.0 | |
| - | PENNYMAC CORP | NOTE 8.500% 6/0 | 70932AAH6 | 2,046,600 | 0.44 | 2000000.0 | |
| - | MFA FINL INC | COM | 55272X607 | 2,034,900 | 0.44 | 210000.0 | |
| - | PENNYMAC MTG INVT TR | COM | 70931T103 | 2,030,400 | 0.44 | 180000.0 | |
| - | ISHARES TR | IBOXX HI YD ETF | 464288513 | 1,967,262 | 0.42 | 24600.0 | |
| RWT | UNCHANGED | REDWOOD TRUST INC | NOTE 7.750% 6/1 | 758075AF2 | 1,827,000 | 0.39 | 1800000.0 |
| TOL | NEW | TOLL BROTHERS INC | COM | 889478103 | 1,647,500 | 0.36 | 10000.0 |
| - | REDFIN CORP | NOTE 0.500% 4/0 | 75737FAE8 | 1,587,425 | 0.34 | 1645000.0 | |
| - | BRIGHTHOUSE FINL INC | COM | 10922N103 | 1,582,500 | 0.34 | 25000.0 | |
| - | ISHARES TR | 20 YR TR BD ETF | 464287432 | 1,562,474 | 0.34 | 18080.0 | |
| Q | ADDED | QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 | 1,555,000 | 0.34 | 100000.0 |
| - | COMFORT SYS USA INC | COM | 199908104 | 1,486,463 | 0.32 | 750.0 | |
| IREN | NEW | IREN LIMITED | ORDINARY SHARES | Q4982L109 | 1,371,900 | 0.3 | 30000.0 |
| LUMN | ADDED | LUMEN TECHNOLOGIES INC | COM | 550241103 | 1,344,000 | 0.29 | 175000.0 |
| - | DYNEX CAP INC | COM | 26817Q886 | 1,245,450 | 0.27 | 95000.0 | |
| GEV | NEW | GE VERNOVA INC | COM | 36828A101 | 1,174,860 | 0.25 | 1000.0 |
| - | ISHARES TR | EXPANDED TECH | 464287515 | 1,132,500 | 0.24 | 12500.0 | |
| - | RANGE RES CORP | COM | 75281A109 | 1,115,700 | 0.24 | 30000.0 | |
| ENTG | ADDED | ENTEGRIS INC | COM | 29362U104 | 1,085,000 | 0.23 | 50000.0 |
| EQT | UNCHANGED | EQT CORP | COM | 26884L109 | 1,063,400 | 0.23 | 20000.0 |
| - | LYONDELLBASELL INDUSTRIES NV | PUT | N53745950 | 1,045,000 | 0.23 | 200000.0 | |
| GEV | NEW | GE VERNOVA INC | COM | 36828A101 | 846,000 | 0.18 | 10000.0 |
| SABR | NEW | SABRE CORP | COM | 78573M104 | 836,000 | 0.18 | 400000.0 |
| WMT | REDUCED | WALMART INC | COM | 931142103 | 822,721 | 0.18 | 7264.0 |
| CAT | ADDED | CATERPILLAR INC | COM | 149123101 | 790,113 | 0.17 | 15500.0 |
| WIX | ADDED | WIX COM LTD | SHS | M98068105 | 777,823 | 0.17 | 17144.0 |
| - | KARMAN HLDGS INC | COMMON STOCK | 485924104 | 748,800 | 0.16 | 15000.0 | |
| - | SHIFT4 PMTS INC | CL A | 82452J109 | 667,500 | 0.14 | 150000.0 | |
| OLN | ADDED | OLIN CORP | COM PAR $1 | 680665205 | 665,450 | 0.14 | 254000.0 |
| Q | ADDED | QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 | 653,240 | 0.14 | 4000.0 |
| - | CORE SCIENTIFIC INC NEW | COM | 21874A106 | 639,750 | 0.14 | 25000.0 | |
| - | DOW HLDGS INC | COM | 260557103 | 620,733 | 0.13 | 268500.0 | |
| CIFR | NEW | CIPHER DIGITAL INC | COM | 17253J106 | 612,500 | 0.13 | 25000.0 |
| - | QUANTA SVCS INC | COM | 74762E102 | 607,500 | 0.13 | 30000.0 | |
| ON | REDUCED | ON SEMICONDUCTOR CORP | NOTE 0.500% 3/0 | 682189AU9 | 603,750 | 0.13 | 500000.0 |
| - | CISCO SYS INC | COM | 17275R102 | 587,300 | 0.13 | 5000.0 | |
| - | CROWN HLDGS INC | COM | 228368106 | 559,100 | 0.12 | 5000.0 | |
| AES | UNCHANGED | AES CORP | COM | 00130H105 | 513,100 | 0.11 | 35000.0 |
| - | SOLSTICE ADVANCED MATLS INC | COM SHS | 83443Q103 | 502,900 | 0.11 | 94000.0 | |
| CRWV | NEW | COREWEAVE INC | COM CL A | 21873S108 | 497,700 | 0.11 | 5000.0 |
| - | ISHARES TR | IBOXX HI YD ETF | 464288513 | 492,000 | 0.11 | 1900000.0 | |
| FLEX | NEW | FLEX LTD | ORD | Y2573F102 | 486,210 | 0.1 | 3000.0 |
| WOLF | REDUCED | WOLFSPEED INC | COMMON STOCK | 97785W106 | 482,500 | 0.1 | 10000.0 |
| XPRO | ADDED | EXPRO GROUP HOLDINGS NV | COM | N3144W105 | 443,100 | 0.1 | 30000.0 |
| IHRT | ADDED | IHEARTMEDIA INC | COM CL A | 45174J509 | 437,855 | 0.09 | 102064.0 |
| - | INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 | 421,160 | 0.09 | 1423200.0 | |
| - | TWO HARBORS INVENTMENT CORPO | COM | 90187B804 | 406,750 | 0.09 | 32776.0 | |
| MCD | REDUCED | MCDONALDS CORP | COM | 580135101 | 405,465 | 0.09 | 1500.0 |
| - | TPG MTG INVTS TR INC | COM NEW | 001228501 | 380,904 | 0.08 | 48094.0 | |
| NE | UNCHANGED | NOBLE CORP PLC | ORD SHS A | G65431127 | 373,000 | 0.08 | 10000.0 |
| - | TELEPHONE & DATA SYS INC | COM NEW | 879433829 | 370,100 | 0.08 | 10000.0 | |
| NOK | NEW | NOKIA CORP | SPONSORED ADR | 654902204 | 365,000 | 0.08 | 500000.0 |
| - | PACKAGING CORP AMER | COM | 695156109 | 357,420 | 0.08 | 1500.0 | |
| USAR | NEW | USA RARE EARTH INC | COM | 91733P107 | 323,700 | 0.07 | 15000.0 |
| - | APOLLO GLOBAL MGMT INC | COM | 03769M106 | 286,000 | 0.06 | 40000.0 | |
| AVEX | NEW | AEVEX CORP | COM CL A | 00835T107 | 282,600 | 0.06 | 13528.0 |
| - | STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 275,705 | 0.06 | 170000.0 | |
| PMTS | REDUCED | CPI CARD GROUP INC | COM NEW | 12634H200 | 271,179 | 0.06 | 13050.0 |
| - | POST HLDGS INC | COM | 737446104 | 266,250 | 0.06 | 75000.0 | |
| TSEM | NEW | TOWER SEMICONDUCTOR LTD | SHS NEW | M87915274 | 260,640 | 0.06 | 1000.0 |
| - | FS KKR CAP CORP | COM | 302635206 | 257,500 | 0.06 | 700000.0 | |
| ENPH | NEW | ENPHASE ENERGY INC | COM | 29355A107 | 246,200 | 0.05 | 5000.0 |
| HWM | ADDED | HOWMET AEROSPACE INC | COM | 443201108 | 235,500 | 0.05 | 70000.0 |
| ARES | NEW | ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 | 222,000 | 0.05 | 40000.0 |
| AOMR | UNCHANGED | ANGEL OAK MORTGAGE REIT INC | COM | 03464Y108 | 161,206 | 0.03 | 17754.0 |
| STM | NEW | STMICROELECTRONICS N V | NY REGISTRY | 861012102 | 161,025 | 0.03 | 28500.0 |
| - | INVESCO QQQ TR | UNIT SER 1 | 46090E103 | 152,224 | 0.03 | 26800.0 | |
| LEN | UNCHANGED | LENNAR CORP | CL A | 526057104 | 151,813 | 0.03 | 123500.0 |
| OCSL | ADDED | OAKTREE SPECIALTY LENDING | COM | 67401P405 | 136,800 | 0.03 | 304000.0 |
| - | BLACKSTONE SECD LENDING FD | COMMON STOCK | 09261X102 | 105,625 | 0.02 | 325000.0 | |
| ARCC | NEW | ARES CAPITAL CORP | COM | 04010L103 | 95,000 | 0.02 | 200000.0 |
| ETN | NEW | EATON CORP PLC | SHS | G29183103 | 94,500 | 0.02 | 18000.0 |
| - | GOLUB CAP BDC INC | COM | 38173M102 | 87,500 | 0.02 | 200000.0 | |
| IREN | NEW | IREN LIMITED | CALL | Q4982L909 | 69,000 | 0.01 | 40000.0 |
| - | ISHARES TR | 20 YR TR BD ETF | 464287432 | 60,000 | 0.01 | 250000.0 | |
| - | D R HORTON INC | COM | 23331A109 | 55,350 | 0.01 | 61500.0 | |
| - | INTERNATIONAL BUSINESS MACHS | COM | 459200101 | 47,353 | 0.01 | 23500.0 | |
| - | SELECT SECTOR SPDR TR | ST STR ENERG ETF | 81369Y506 | 40,000 | 0.01 | 100000.0 | |
| - | WILLIAMS COS INC | COM | 969457100 | 38,750 | 0.01 | 50000.0 | |
| - | STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 32,250 | 0.01 | 50000.0 | |
| ALB | NEW | ALBEMARLE CORP | COM | 012653101 | 27,050 | 0.01 | 40000.0 |
| - | ISHARES TR | US AER DEF ETF | 464288760 | 26,000 | 0.01 | 10000.0 | |
| - | UNITED STS OIL FD LP | UNITS | 91232N207 | 24,800 | 0.01 | 20000.0 | |
| - | PULTE GROUP INC | COM | 745867101 | 23,450 | 0.01 | 33500.0 | |
| - | BLEICHROEDER ACQUISITI CORP | *W EXP 12/23/203 | G1170E112 | 21,800 | 0.0 | 10000.0 | |
| - | ISHARES TR | IBOXX INV CP ETF | 464287242 | 18,239 | 0.0 | 158600.0 | |
| - | KARMAN HLDGS INC | COMMON STOCK | 485924104 | 17,100 | 0.0 | 18000.0 | |
| CARR | REDUCED | CARRIER GLOBAL CORPORATION | COM | 14448C104 | 16,250 | 0.0 | 50000.0 |
| - | SHIFT4 PMTS INC | CL A | 82452J109 | 15,000 | 0.0 | 50000.0 | |
| IP | REDUCED | INTERNATIONAL PAPER CO | COM | 460146103 | 13,750 | 0.0 | 50000.0 |
| - | SPDR SERIES TRUST | ST STR SP REGBNK | 78464A698 | 11,800 | 0.0 | 20000.0 | |
| - | PAN AMERN SILVER CORP | COM | 697900108 | 6,250 | 0.0 | 25000.0 | |
| BRLS | UNCHANGED | BOREALIS FOODS INC | *W EXP 02/07/202 | 09973D113 | 1,093 | 0.0 | 23300.0 |
| CYCU | UNCHANGED | CYCURION INC | *W EXP 02/13/203 | 95758L115 | 525 | 0.0 | 30000.0 |
| - | CORNING INC | COM | 219350105 | 0 | 0.0 | 0.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-07-27 | 463,109,047 | 124 | 4.126519 | 0.130724 | 9.490967 |
| 2026-03-31 | 2026-05-05 | 345,879,159 | 108 | 5.27318 | 0.174692 | 9.814244 |
| 2025-12-31 | 2026-02-25 | 1,712,737,524 | 111 | 13.45865 | 0.63792 | 20.759383 |
| 2025-09-30 | 2025-11-14 | 330,631,531 | 76 | 3.325061 | 0.116713 | 6.311129 |
| 2025-03-31 | 2025-05-05 | 254,191,925 | 36 | 2.169698 | 0.056935 | 5.261206 |
| 2024-12-31 | 2025-01-22 | 504,571,379 | 46 | 0.91183 | 0.02964 | 2.568034 |