# EDGAR Filing Document

**Accession Number:** 0001629996
**File Stem:** 0001629996-26-000001
**Filing Date:** 2026-1
**Character Count:** 8163
**Document Hash:** e16ec11b0fa659cbe5eb5ff36b650858
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001629996-26-000001.hdr.sgml**: 20260120

**ACCESSION NUMBER**: 0001629996-26-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260120

**DATE AS OF CHANGE**: 20260120

**EFFECTIVENESS DATE**: 20260120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Alken Asset Management Ltd
- **CENTRAL INDEX KEY:** 0001629996

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16348
- **FILM NUMBER:** 26541832

**BUSINESS ADDRESS:**
- **STREET 1:** 25 SAVILE ROW
- **STREET 2:** LONDON, W1S 2GB, UK
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** W1S 2ER
- **BUSINESS PHONE:** 2074401960

**MAIL ADDRESS:**
- **STREET 1:** 25 SAVILE ROW
- **STREET 2:** LONDON, W1S 2GB, UK
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** W1S 2ER

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Alken Asset Management Ltd.
- **DATE OF NAME CHANGE:** 20150107

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Alken Asset Management Ltd<br>**Address:** 25 SAVILE ROW<br>LONDON W1S 2GB UK<br>LONDON, X0 W1S 2ER

**Form 13F File Number:** 028-16348

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Alexis Tsatsaris<br>**Title:** Director of Finance and Operations<br>**Phone:** 00442074401960

**Signature, Place, and Date of Signing:**

Alexis Tsatsaris  London, X0  01-20-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 38

**Form 13F Information Table Value Total:** $61299

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AeroVironment 0.000 15-Jul-2030 | GLOBAL | 008073AA6 |  | 1629 | 1500 | PRN |  | SOLE |  | 0 | 100 | 1400 |
| Alarm.com 0.000 15-Jan-2026 | US DOMESTIC | 011642AB1 |  | 297 | 300 | PRN |  | SOLE |  | 0 | 0 | 300 |
| Alibaba Group 0.500 01-Jun-2031 | GLOBAL | 01609WBG6 |  | 3424 | 2190 | PRN |  | SOLE |  | 0 | 180 | 2010 |
| Alnylam Pharma 1.000 15-Sep-2027 | US DOMESTIC | 02043QAB3 |  | 1475 | 1000 | PRN |  | SOLE |  | 0 | 80 | 920 |
| Apollo Global Mgmt 6.750 31-Jul-2026 PEPS A | PUBLIC | 03769M304 |  | 2012 | 26600 | SH |  | SOLE |  | 0 | 2800 | 23800 |
| Ares Management 6.750 01-Oct-2027 PEPS B | PUBLIC | 03990B309 |  | 2625 | 52000 | SH |  | SOLE |  | 0 | 4000 | 48000 |
| Bill.com Holdings 0 - 0.25 up 45 - 50 01-Apr-2027 | US DOMESTIC | 090043AD2 |  | 379 | 400 | PRN |  | SOLE |  | 0 | 0 | 400 |
| Box 0.000 15-Jan-2026 | US DOMESTIC | 10316TAB0 |  | 1336 | 1150 | PRN |  | SOLE |  | 0 | 150 | 1000 |
| CMS Energy 3.375 01-May-2028 | US DOMESTIC | 125896BX7 |  | 4325 | 4050 | PRN |  | SOLE |  | 0 | 320 | 3730 |
| Coca-Cola Co/The | Common Stock | 191216100 |  | 778 | 11100 | SH |  | SOLE |  | 0 | 900 | 10200 |
| Datadog 0.000 01-Dec-2029 | US DOMESTIC | 23804LAD5 |  | 1600 | 1600 | PRN |  | SOLE |  | 0 | 100 | 1500 |
| DigitalOcean 0 - 0.5 up 40 - 45 01-Dec-2026 | US DOMESTIC | 25402DAB8 |  | 288 | 300 | PRN |  | SOLE |  | 0 | 0 | 300 |
| Dropbox 0 - 0.5 up 47.5 - 52.5 01-Mar-2028 | US DOMESTIC | 26210CAD6 |  | 2214 | 2200 | PRN |  | SOLE |  | 0 | 170 | 2030 |
| Duke Energy 4.125 04/15/26 | US DOMESTIC | 26441CBY0 |  | 3418 | 3300 | PRN |  | SOLE |  | 0 | 250 | 3050 |
| Enphase Energy 0.000 01-Mar-2028 | US DOMESTIC | 29355AAK3 |  | 349 | 400 | PRN |  | SOLE |  | 0 | 0 | 400 |
| Etsy 0.125 01-Sep-2027 | US DOMESTIC | 29786AAL0 |  | 277 | 300 | PRN |  | SOLE |  | 0 | 0 | 300 |
| Global Payments 1.500 01-Mar-2031 | US DOMESTIC | 37940XAU6 |  | 357 | 400 | PRN |  | SOLE |  | 0 | 0 | 400 |
| Greenbrier Companies 2.375 - 2.875  up 30 - 35 15-Apr-2028 | US DOMESTIC | 393657AM3 |  | 1664 | 1550 | PRN |  | SOLE |  | 0 | 135 | 1415 |
| Guidewire Software 1.250 01-Nov-2029 | US DOMESTIC | 40171VAC4 |  | 1542 | 1400 | PRN |  | SOLE |  | 0 | 100 | 1300 |
| Halozyme Thera 1.000 15-Aug-2028 | US DOMESTIC | 40637HAF6 |  | 2674 | 2030 | PRN |  | SOLE |  | 0 | 159 | 1871 |
| InterDigital 3.500 01-Jun-2027 | US DOMESTIC | 45867GAD3 |  | 3529 | 850 | PRN |  | SOLE |  | 0 | 75 | 775 |
| iRhythm Technologies 1.500 01-Sep-2029 | US DOMESTIC | 450056AB2 |  | 2635 | 1900 | PRN |  | SOLE |  | 0 | 150 | 1750 |
| Ishares Gold Trust | ETP | 464285204 |  | 410 | 7400 | PRN |  | SOLE |  | 7400 | 0 | 0 |
| Itron 1.375 15-Jul-2030 | US DOMESTIC | 465741AQ9 |  | 2110 | 2100 | PRN |  | SOLE |  | 0 | 160 | 1940 |
| JD.com 0.250 01-Jun-2029 | GLOBAL | 47215PAJ5 |  | 2549 | 2550 | PRN |  | SOLE |  | 0 | 180 | 2370 |
| MSCI Inc | Common Stock | 55354G100 |  | 640 | 1100 | SH |  | SOLE |  | 0 | 100 | 1000 |
| Nutanix 0.250 01-Oct-2027 (Exch) | US DOMESTIC | 67059NAH1 |  | 1806 | 1600 | PRN |  | SOLE |  | 0 | 100 | 1500 |
| Parsons Corp 2.625 01-Mar-2029 | US DOMESTIC | 70202LAD4 |  | 1890 | 1850 | PRN |  | SOLE |  | 0 | 150 | 1700 |
| Post Holdings 2.500 15-Aug-2027 | US DOMESTIC | 737446AT1 |  | 2448 | 2280 | PRN |  | SOLE |  | 0 | 180 | 2100 |
| RingCentral 0.000 15-Mar-2026 | US DOMESTIC | 76680RAH0 |  | 294 | 300 | PRN |  | SOLE |  | 0 | 0 | 300 |
| Sarepta Therapeutics 1.250 15-Sep-2027 | US DOMESTIC | 803607AD2 |  | 359 | 400 | PRN |  | SOLE |  | 0 | 0 | 400 |
| Snap 0 - 0.5 up 45 - 50 01-May-2027 | US DOMESTIC | 83304AAF3 |  | 559 | 600 | PRN |  | SOLE |  | 0 | 0 | 600 |
| TransMedics Group 1.500 01-Jun-2028 | US DOMESTIC | 89377MAB5 |  | 693 | 460 | PRN |  | SOLE |  | 0 | 35 | 425 |
| Tripadvisor 0 - 0.25 up 35 - 40 01-Apr-2026 | US DOMESTIC | 896945AD4 |  | 245 | 250 | PRN |  | SOLE |  | 0 | 0 | 250 |
| Tyler Technologies 0.250 15-Mar-2026 | US DOMESTIC | 902252AB1 |  | 2429 | 2400 | PRN |  | SOLE |  | 0 | 200 | 2200 |
| Uber Technologies 0.875 01-Dec-2028 | US DOMESTIC | 90353TAM2 |  | 5418 | 4150 | PRN |  | SOLE |  | 0 | 270 | 3880 |
| Unity Software 0 - 0.25 up 47.5 - 52.5 15-Nov-2026 | US DOMESTIC | 91332UAB7 |  | 288 | 300 | PRN |  | SOLE |  | 0 | 0 | 300 |
| Upstart Holdings 0 - 0.5 up 42.5 - 47.5 15-Aug-2026 | US DOMESTIC | 91680MAB3 |  | 334 | 350 | PRN |  | SOLE |  | 0 | 0 | 350 |

---