Linden Advisors Lp
- Regulatory AUM
- $38.8B
- Discretionary
- $38.8B
- Clients
- 5
- Avg AUM / client
- $7.8B
- Accounts
- 5
- Employees
- 48
AUM over time
Annual snapshots from Form ADV filings · as of Mar 17, 2026
Investments (13F portfolio — 563 positions, $17,860,690,773)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Lumentum Holdings Inc 0.5 06/15/2028 | SDBCV | $1,506,338,517 | 281,381,000 | 8.43% | 3.88% |
| 2 | Lumentum Holdings Inc 1.5 12/15/2029 | SDBCV | $944,339,826 | 93,648,000 | 5.29% | 2.43% |
| 3 | Lumentum Holdings Inc 0.5 12/15/2026 | SDBCV | $595,431,603 | 84,348,000 | 3.33% | 1.54% |
| 4 | Centrus Energy Corp 2.25 11/01/2030 | SDBCV | $488,610,802 | 239,902,000 | 2.74% | 1.26% |
| 5 | Applied Digital Corp 2.75 06/01/2030 | SDBCV | $346,465,231 | 130,530,000 | 1.94% | 0.89% |
| 6 | Mks Inc 1.25 06/01/2030 | SDBCV | $329,779,232 | 198,888,000 | 1.85% | 0.85% |
| 7 | Sphere Entertainment Co 3.5 12/01/2028 | SDBCV | $281,221,383 | 83,540,000 | 1.57% | 0.73% |
| 8 | Unity Software Inc 0 03/15/2030 | SDBCV | $275,893,533 | 275,607,000 | 1.54% | 0.71% |
| 9 | Bridgebio Pharma Inc 2.25 02/01/2029 | SDBCV | $268,487,837 | 239,048,000 | 1.5% | 0.69% |
| 10 | Liberty Media Corp 3.75 03/15/2028 | SDBCV | $257,866,109 | 249,419,000 | 1.44% | 0.66% |
| 11 | Strategy Inc Note 12/0 | SDBCV | $244,703,821 | 293,133,000 | 1.37% | 0.63% |
| 12 | Integer Holdings Corp 1.875 03/15/2030 144 A | SDBCV | $243,679,955 | 253,838,000 | 1.36% | 0.63% |
| 13 | Affirm Holdings Inc 0.75 12/15/2029 | SDBCV | $242,699,419 | 259,623,000 | 1.36% | 0.63% |
| 14 | Solaris Energy Infrastru 0.25 10/01/2031 | SDBCV | $242,396,831 | 193,774,000 | 1.36% | 0.62% |
| 15 | Vishay Intertechnology 2.25 09/15/2030 | SDBCV | $227,502,377 | 236,601,000 | 1.27% | 0.59% |
| 16 | Celcuity Inc 2.75 08/01/2031 | SDBCV | $226,395,052 | 92,715,000 | 1.27% | 0.58% |
| 17 | Bridgebio Pharma Inc 1.75 03/01/2031 144 A | SDBCV | $225,375,753 | 132,723,000 | 1.26% | 0.58% |
| 18 | Strategy Inc Note 0.625 3/1 | SDBCV | $210,215,950 | 182,440,000 | 1.18% | 0.54% |
| 19 | Sunrun Inc 4 03/01/2030 144 A | SDBCV | $205,759,199 | 172,585,000 | 1.15% | 0.53% |
| 20 | Ascendis Pharma A/S 2.25 04/01/2028 | SDBCV | $205,481,396 | 139,570,000 | 1.15% | 0.53% |
| 21 | Bill Holdings Inc 0 04/01/2030 144 A | SDBCV | $199,166,666 | 223,559,000 | 1.12% | 0.51% |
| 22 | Guardant Health Inc 1.25 02/15/2031 | SDBCV | $194,866,501 | 115,820,000 | 1.09% | 0.5% |
| 23 | Silvercorp Metals Inc 4.75 12/15/2029 144 A | SDBCV | $192,308,756 | 74,768,000 | 1.08% | 0.5% |
| 24 | Peloton Interactive Inc 5.5 12/01/2029 | SDBCV | $187,375,496 | 139,590,000 | 1.05% | 0.48% |
| 25 | Cleanspark Inc 0 06/15/2030 144 A | SDBCV | $186,240,803 | 191,496,000 | 1.04% | 0.48% |
Top 25 of 563 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 5 | $38.8B | 100.0% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Sep 2024 · $18.2B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Linden Capital L.P. master | Hedge Fund | Bermuda | $17.5B | 785 |
| Pch Manager Fund, Spc. Segregated Portfolio 214 | Hedge Fund | Cayman Islands | $679M | 10 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Wong, Siu Min, (Joe) | Chief Executive Officer, Limited Partner | May 2003 (23y) | 75% or more | |
| Delaney, James, Thomas | Chief Operating Officer | Sep 2008 (18y) | Less than 5% | |
| Ahn, Saul | Chief Compliance Officer | Jun 2016 (10y) | Less than 5% | |
| Leva, Vincent, Paul | Chief Financial Officer | Jun 2016 (10y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Linden Hld Llc | General Partner | Jun 2004 | A | Less than 5% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $18.2B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Linden Capital L.P. | Hedge Fund | $17.5B | $5.0M | 785 |
| Pch Manager Fund, Spc. Segregated Portfolio 214 | Hedge Fund | $679M | $250K | 10 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/17/2026 | 1.84 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 17, 2026.
View current Form ADV (SEC/IAPD) ↗