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Linden Advisors LP

CIK:0001279396
Hedge Fund
$27B AUM
376 holdings
New York, NY, United States
Founded:2003
49 employees
Latest filing:Jun 30, 2025

Linden Advisors LP is a global, independent alternative investment management firm headquartered in New York City, with additional offices in Hong Kong and New Jersey. Founded in 2003 by former JP Morgan professionals, Linden specializes in hedge fund and managed account solutions, serving institutional investors and high-net-worth individuals globally. The firm is regulated by the SEC and emphasizes market neutrality, capital preservation, and positive risk-adjusted returns. Linden Advisors employs approximately 43–49 professionals focused on credit and convertible arbitrage strategies, ESG integration, and disciplined risk management.

Investment Strategy

Linden Advisors LP employs convertible and credit arbitrage strategies, focusing on mis-priced credit and equity-linked instruments. The firm's investment approach emphasizes market neutrality, capital preservation, and generating positive risk-adjusted returns. Linden uses a master-feeder structure, actively manages ESG-related risks and opportunities, and seeks to deliver superior, risk-adjusted returns to investors while closely monitoring sustainability risks. The strategy integrates proprietary research, quantitative analysis, and disciplined risk management, with regular performance reporting and strict compliance procedures, including avoidance of soft dollar arrangements and prevention of insider trading.

Top Buys
N
NETCLOUDFLARE INC CLASS A
+$48.7M
W
WECWEC ENERGY GROUP INC
+$24.5M
C
CYBRCYBERARK SOFTWARE LTD/ISRAEL
+$24.1M
D
DUKDUKE ENERGY CORP
+$19.0M
I
IPCXINFLECTION POINT ACQUISITI A
+$16.3M
Top Sells
M
MCHPMICROCHIP TECHNOLOGY INC
-$40.0M
A
AACBUARTIUS II ACQUISITION INC
-$10.1M
A
ATIIUARCHIMEDES TECH SPAC PARTNER
-$10.1M
B
BSIIBLACK SPADE ACQUISITION II C
-$7.6M
C
CLBRCOLOMBIER ACQUISITION CORP A
-$6.3M

Top Holdings

N
NETCLOUDFLARE INC CLASS A
+0.3%$48.7M
E
EQVEQV VENTURES ACQUISITION C A
+0.2%$33.3M
C
CORZWCORE SCIENTIFIC INC 27
+0.2%$30.5M
A
AACTARES ACQUISITION CORP II
+0.2%$24.9M
W
WECWEC ENERGY GROUP INC
+0.2%$24.5M

Equity Positions (116)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
N
NET
CLOUDFLARE INC CLASS A0.30%$48.7M248,523$195.83$195.83+$48.7M
E
EQV
EQV VENTURES ACQUISITION C A0.20%$33.3M3,165,000$10.08$10.51+$1.2M
C
CORZW
CORE SCIENTIFIC INC 270.19%$30.5M2,813,335$4.98$10.84+$15.1M
A
AACT
ARES ACQUISITION CORP II0.15%$24.9M2,200,000$10.15$11.33+$396.0K
W
WEC
WEC ENERGY GROUP INC0.15%$24.5M235,404$104.20$104.20+$24.5M

Industry Allocation

BLANK CHECKS
+3.8%
SERVICES-PREPACKAGED SOFTWARE
+0.6%
ELECTRIC & OTHER SERVICES COMBINED
+0.3%
SERVICES-COMPUTER PROCESSING & DATA PREPARATION
+0.2%
FINANCE SERVICES
+0.2%