Founded in the first quarter of 2018, Opti Capital Management is a hedge fund manager based in New York. It was established by Xiuping Li, a former partner at Tenor Capital. The firm specializes in a market-neutral strategy, aiming for superior risk-adjusted total returns through investments in a diverse portfolio of convertible securities and other relative value strategies.
Xiuping Li currently serves as a Partner at Tenor Capital Management Company. He holds a Master of Business Administration (MBA) from the Massachusetts Institute of Technology - Sloan School of Management.
Opti Capital Management, a hedge fund managing discretionary assets totaling $1,219,901,217, serves three clients. Their Q1 2024 13F filing reported managing $1,305,366 in 13F securities with a top 10 holdings concentration of 49.05%. The firm's largest holding is Insight Enterprises Inc. NOTE 0.750% 2/1, with 33,111,000 shares held.
| Fund Name: | Opti Capital Management |
| Manager | Xiuping Li |
| Portfolio Value | $1,707,037,215 |
| Change This QTR | +1.27% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | Insight Enterprises IncNOTE 0.750% 2/1 | NSIT | 33,111,000 | $103,921,311 | 6.08% | ||
| 2. | Unity Software Inc.NOTE 11/1 | U | 102,649,000 | $91,999,270 | +18% | 5.38% | |
| 3. | Booking Holdings Inc.NOTE 0.750% 5/0 | BKNG | 39,526,000 | $88,634,802 | +15% | 5.19% | |
| 4. | Fastly Inc.NOTE 3/1 | FSLY | 87,752,000 | $81,060,911 | +87% | 4.74% | |
| 5. | Lumentum Holdings Inc.NOTE 0.500%12/1 | LITE | 74,000,000 | $72,855,280 | 4.26% |
