SSI INVESTMENT MANAGEMENT LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ORACLE CORP	479,935	$22,063	1.5%	$45.97	—	6.5 DEP CUM SR D	68389X204
—	STRATEGY INC	19,310,000	$16,854	1.2%	$0.87	—	NOTE 3/0	594972AU5
—	NEXTERA ENERGY INC	231,280	$11,596	0.8%	$50.14	—	UNIT 02/15/2029	65339F655
—	INTEGER HLDGS CORP	10,295,000	$9,816	0.7%	$0.95	—	DBCV 1.875% 3/1	45826HAD1
—	MACOM TECH SOLUTIONS HLDGS I	6,657,000	$9,696	0.7%	$1.46	—	NOTE 12/1	55405YAD2
—	CHEESECAKE FACTORY INC	7,744,000	$7,872	0.5%	$1.02	—	NOTE 2.000% 3/1	163072AC5
—	BRIDGEBIO PHARMA INC	4,134,000	$7,005	0.5%	$1.69	—	NOTE 1.750% 3/0	10806XAJ1
—	ARROWHEAD PHARMACEUTICALS IN	6,587,000	$6,815	0.5%	$1.03	—	NOTE 1/1	04280AAC4
—	PPL CORP	132,750	$6,774	0.5%	$51.03	—	UNIT 02/15/2029	69351T866
—	VSE CORP	127,125	$6,267	0.4%	$49.30	—	UNIT 02/01/2029	918284209
—	JOBY AVIATION INC	7,195,000	$6,165	0.4%	$0.86	—	NOTE 0.750% 2/1	47775AAA9
—	ALPHATEC HLDGS INC	5,796,000	$5,933	0.4%	$1.02	—	NOTE 0.750% 3/1	02081GAD4
—	VARONIS SYS INC	6,000,000	$5,227	0.4%	$0.87	—	NOTE 1.000% 9/1	922280AD4
GLDM	WORLD GOLD TR	50,910	$4,719	0.3%	$92.69	—	SPDR GLD MINIS	98149E303
—	KOSMOS ENERGY LTD	5,824,000	$4,540	0.3%	$0.78	—	NOTE 3.125% 3/1	500688AH9
—	FRESHPET INC	3,790,000	$4,352	0.3%	$1.15	—	NOTE 3.000% 4/0	358039AB1
—	UNITY SOFTWARE INC	2,202,000	$2,192	0.2%	$1.00	—	NOTE 3/1	91332UAH4
—	MARA HOLDINGS INC	2,529,000	$2,142	0.1%	$0.85	—	NOTE 2.125% 9/0	565788AD8
—	ALIGNMENT HEALTHCARE INC	1,500,000	$2,108	0.1%	$1.41	—	NOTE 4.250%11/1	01625VAB0
—	MICROCHIP TECHNOLOGY INC.	2,079,000	$2,054	0.1%	$0.99	—	NOTE 0.750% 6/0	595017BG8
W	WAYFAIR INC	8,401	$632	0.0%	$99.40	0.0%	CL A	94419L101
XOM	EXXON MOBIL CORP	2,850	$484	0.0%	$138.74	0.0%	COM	30231G102
—	ITRON INC	423,000	$425	0.0%	$1.00	—	NOTE 1.375% 7/1	465741AQ9
LRCX	LAM RESEARCH CORP	1,156	$247	0.0%	$225.94	0.0%	COM NEW	512807306
ODFL	OLD DOMINION FREIGHT LINE IN	1,133	$221	0.0%	$183.08	0.0%	COM	679580100
CAT	CATERPILLAR INC	307	$217	0.0%	$684.39	0.0%	COM	149123101
PEP	PEPSICO INC	1,368	$212	0.0%	$154.74	0.0%	COM	713448108
VLO	VALERO ENERGY CORP	844	$209	0.0%	$190.06	0.0%	COM	91913Y100
XLE	SELECT SECTOR SPDR TR	3,370	$206	0.0%	$61.26	—	STATE STREET ENE	81369Y506
—	JD.COM INC	180,000	$179	0.0%	$0.99	—	NOTE 0.250% 6/0	47215PAJ5

Increased Positions (42)

— PG&E CORP 1.2%

Value ($000) $17,726 (+154.2%) Shares 17,119,000 (+152.3%) Est. Cost $1.05 Unrealized —

JMTG J P MORGAN EXCHANGE TRADED F 1.1%

Value ($000) $15,744 (+98.0%) Shares 308,708 (+98.2%) Est. Cost $51.03 Unrealized —

— LANTHEUS HLDGS INC 0.5%

Value ($000) $7,094 (+2154.1%) Shares 5,917,000 (+2051.6%) Est. Cost $1.20 Unrealized —

— MARA HOLDINGS INC 0.4%

Value ($000) $6,345 (+1850.2%) Shares 7,194,000 (+1633.5%) Est. Cost $0.88 Unrealized —

— PG&E CORP 0.4%

Value ($000) $5,530 (+1054.6%) Shares 128,160 (+996.8%) Est. Cost $43.76 Unrealized —

— AKAMAI TECHNOLOGIES INC 0.7%

Value ($000) $10,558 (+86.7%) Shares 9,239,000 (+61.4%) Est. Cost $1.05 Unrealized —

— LIVE NATION ENTERTAINMENT IN 1.6%

Value ($000) $23,138 (+24.4%) Shares 21,474,000 (+21.3%) Est. Cost $1.06 Unrealized —

ICVT ISHARES TR 0.8%

Value ($000) $11,611 (+58.7%) Shares 114,065 (+53.6%) Est. Cost $87.64 Unrealized —

— LIVE NATION ENTERTAINMENT IN 0.8%

Value ($000) $11,376 (+58.4%) Shares 7,489,000 (+51.5%) Est. Cost $1.34 Unrealized —

— SNOWFLAKE INC 1.1%

Value ($000) $16,336 (-17.8%) Shares 13,832,000 (+3.4%) Est. Cost $1.51 Unrealized —

— ON SEMICONDUCTOR CORP 0.7%

Value ($000) $10,257 (+39.9%) Shares 10,493,000 (+35.4%) Est. Cost $0.97 Unrealized —

IEF ISHARES TR 0.6%

Value ($000) $8,946 (+48.5%) Shares 93,739 (+49.6%) Est. Cost $96.54 Unrealized —

— JAZZ INVESTMENTS I LTD 1.4%

Value ($000) $19,946 (+16.6%) Shares 14,086,000 (+9.6%) Est. Cost $1.22 Unrealized —

— QXO INC 0.7%

Value ($000) $9,584 (+40.0%) Shares 172,410 (+39.2%) Est. Cost $59.67 Unrealized —

— SUPER MICRO COMPUTER INC 0.2%

Value ($000) $3,205 (+382.1%) Shares 4,019,000 (+437.3%) Est. Cost $0.84 Unrealized —

— NORTHERN OIL & GAS INC 0.4%

Value ($000) $6,210 (+61.3%) Shares 5,663,000 (+41.8%) Est. Cost $1.15 Unrealized —

— LIBERTY MEDIA CORP DEL 0.6%

Value ($000) $8,044 (+39.3%) Shares 7,750,000 (+34.8%) Est. Cost $1.11 Unrealized —

— PACIRA BIOSCIENCES INC 0.3%

Value ($000) $3,853 (+92.0%) Shares 4,000,000 (+100.0%) Est. Cost $0.97 Unrealized —

— TETRA TECH INC NEW 0.2%

Value ($000) $2,279 (+316.4%) Shares 2,180,000 (+331.7%) Est. Cost $1.05 Unrealized —

— ALARM COM HLDGS INC 0.3%

Value ($000) $5,063 (+52.0%) Shares 5,500,000 (+57.1%) Est. Cost $0.95 Unrealized —

— WEC ENERGY GROUP INC 1.5%

Value ($000) $21,462 (+8.4%) Shares 17,811,000 (+1.6%) Est. Cost $1.13 Unrealized —

— EVERGY INC 0.8%

Value ($000) $11,740 (+14.9%) Shares 8,703,000 (+3.6%) Est. Cost $1.13 Unrealized —

— PPL CAP FDG INC 1.2%

Value ($000) $17,824 (+8.9%) Shares 15,215,000 (+2.1%) Est. Cost $1.00 Unrealized —

— SNAP INC 0.4%

Value ($000) $5,213 (+37.4%) Shares 6,500,000 (+49.4%) Est. Cost $0.83 Unrealized —

— HAEMONETICS CORP MASS 0.3%

Value ($000) $4,997 (+37.8%) Shares 5,250,000 (+50.0%) Est. Cost $0.98 Unrealized —

— REDWOOD TRUST INC 0.7%

Value ($000) $9,747 (+13.2%) Shares 9,650,000 (+11.6%) Est. Cost $0.99 Unrealized —

— ALIBABA GROUP HLDG LTD 0.7%

Value ($000) $10,059 (-8.6%) Shares 7,252,000 (+2.3%) Est. Cost $1.39 Unrealized —

— EQUINOX GOLD CORP 1.0%

Value ($000) $14,248 (+6.9%) Shares 5,911,000 (+4.1%) Est. Cost $1.30 Unrealized —

— ENOVIS CORPORATION 0.5%

Value ($000) $6,745 (+15.2%) Shares 7,000,000 (+16.7%) Est. Cost $1.02 Unrealized —

— SOUTHERN CO 0.6%

Value ($000) $8,814 (+8.9%) Shares 170,710 (+4.7%) Est. Cost $49.71 Unrealized —

— BRIDGEBIO PHARMA INC 0.5%

Value ($000) $6,798 (+10.1%) Shares 6,080,000 (+10.5%) Est. Cost $0.85 Unrealized —

— REPLIGEN CORP 0.4%

Value ($000) $6,257 (+9.9%) Shares 6,437,000 (+23.5%) Est. Cost $0.99 Unrealized —

— BOFA FIN LLC 0.3%

Value ($000) $4,874 (+11.9%) Shares 4,075,000 (+1.5%) Est. Cost $1.09 Unrealized —

— OMNICELL COM 0.4%

Value ($000) $5,581 (+9.0%) Shares 5,750,000 (+21.1%) Est. Cost $1.06 Unrealized —

— BANK AMERICA CORP 1.3%

Value ($000) $19,418 (-2.2%) Shares 16,309 (+2.7%) Est. Cost $1207.58 Unrealized —

— SHIFT4 PMTS INC 0.4%

Value ($000) $5,319 (-5.9%) Shares 100,000 (+41.2%) Est. Cost $97.36 Unrealized —

— ORMAT TECHNOLOGIES INC 0.3%

Value ($000) $3,902 (+7.9%) Shares 2,992,000 (+10.9%) Est. Cost $1.34 Unrealized —

— CMS ENERGY CORP 0.2%

Value ($000) $3,131 (+9.1%) Shares 2,771,000 (+3.3%) Est. Cost $0.98 Unrealized —

— COLLEGIUM PHARMACEUTICAL INC 0.4%

Value ($000) $5,912 (-3.6%) Shares 5,100,000 (+17.2%) Est. Cost $1.24 Unrealized —

— RIVIAN AUTOMOTIVE INC 0.1%

Value ($000) $1,155 (-13.4%) Shares 1,079,000 (+1.7%) Est. Cost $0.99 Unrealized —

— PROGRESS SOFTWARE CORP 0.3%

Value ($000) $4,886 (-3.3%) Shares 5,500,000 (+10.0%) Est. Cost $1.04 Unrealized —

— PINNACLE WEST CAP CORP 0.1%

Value ($000) $1,538 (+10.8%) Shares 1,343,000 (+3.3%) Est. Cost $1.08 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	PG&E CORP	17,119,000 (+152.3%)	$17,726 (+154.2%)	1.2%	$1.05	—	NOTE 4.250%12/0	69331CAL2
JMTG	J P MORGAN EXCHANGE TRADED F	308,708 (+98.2%)	$15,744 (+98.0%)	1.1%	$51.03	—	MORTGAGE BACKED	46654Q575
—	LANTHEUS HLDGS INC	5,917,000 (+2051.6%)	$7,094 (+2154.1%)	0.5%	$1.20	—	NOTE 2.625%12/1	516544AB9
—	MARA HOLDINGS INC	7,194,000 (+1633.5%)	$6,345 (+1850.2%)	0.4%	$0.88	—	NOTE 3/0	565788AF3
—	PG&E CORP	128,160 (+996.8%)	$5,530 (+1054.6%)	0.4%	$43.76	—	PFD CONV SER A	69331C306
—	AKAMAI TECHNOLOGIES INC	9,239,000 (+61.4%)	$10,558 (+86.7%)	0.7%	$1.05	—	NOTE 1.125% 2/1	00971TAN1
—	LIVE NATION ENTERTAINMENT IN	21,474,000 (+21.3%)	$23,138 (+24.4%)	1.6%	$1.06	—	NOTE 2.875% 1/1	538034BC2
ICVT	ISHARES TR	114,065 (+53.6%)	$11,611 (+58.7%)	0.8%	$87.64	—	CONV BD ETF	46435G102
—	LIVE NATION ENTERTAINMENT IN	7,489,000 (+51.5%)	$11,376 (+58.4%)	0.8%	$1.34	—	NOTE 3.125% 1/1	538034BA6
—	SNOWFLAKE INC	13,832,000 (+3.4%)	$16,336 (-17.8%)	1.1%	$1.51	—	NOTE 10/0	833445AB5
—	ON SEMICONDUCTOR CORP	10,493,000 (+35.4%)	$10,257 (+39.9%)	0.7%	$0.97	—	NOTE 0.500% 3/0	682189AU9
IEF	ISHARES TR	93,739 (+49.6%)	$8,946 (+48.5%)	0.6%	$96.54	—	7-10 YR TRSY BD	464287440
—	JAZZ INVESTMENTS I LTD	14,086,000 (+9.6%)	$19,946 (+16.6%)	1.4%	$1.22	—	NOTE 3.125% 9/1	472145AH4
—	QXO INC	172,410 (+39.2%)	$9,584 (+40.0%)	0.7%	$59.67	—	5.50 DEP PFD	82846H504
—	SUPER MICRO COMPUTER INC	4,019,000 (+437.3%)	$3,205 (+382.1%)	0.2%	$0.84	—	NOTE 3.500% 3/0	86800UAB0
—	NORTHERN OIL & GAS INC	5,663,000 (+41.8%)	$6,210 (+61.3%)	0.4%	$1.15	—	NOTE 3.625% 4/1	665531AJ8
—	LIBERTY MEDIA CORP DEL	7,750,000 (+34.8%)	$8,044 (+39.3%)	0.6%	$1.11	—	NOTE 3.750% 3/1	531229AP7
—	PACIRA BIOSCIENCES INC	4,000,000 (+100.0%)	$3,853 (+92.0%)	0.3%	$0.97	—	NOTE 2.125% 5/1	695127AJ9
—	TETRA TECH INC NEW	2,180,000 (+331.7%)	$2,279 (+316.4%)	0.2%	$1.05	—	DBCV 2.250% 8/1	88162GAB9
—	ALARM COM HLDGS INC	5,500,000 (+57.1%)	$5,063 (+52.0%)	0.3%	$0.95	—	NOTE 2.250% 6/0	011642AD7
—	WEC ENERGY GROUP INC	17,811,000 (+1.6%)	$21,462 (+8.4%)	1.5%	$1.13	—	NOTE 4.375% 6/0	92939UAP1
—	EVERGY INC	8,703,000 (+3.6%)	$11,740 (+14.9%)	0.8%	$1.13	—	NOTE 4.500%12/1	30034WAD8
—	PPL CAP FDG INC	15,215,000 (+2.1%)	$17,824 (+8.9%)	1.2%	$1.00	—	NOTE 2.875% 3/1	69352PAS2
—	SNAP INC	6,500,000 (+49.4%)	$5,213 (+37.4%)	0.4%	$0.83	—	NOTE 0.500% 5/0	83304AAK2
—	HAEMONETICS CORP MASS	5,250,000 (+50.0%)	$4,997 (+37.8%)	0.3%	$0.98	—	NOTE 2.500% 6/0	405024AD2
—	REDWOOD TRUST INC	9,650,000 (+11.6%)	$9,747 (+13.2%)	0.7%	$0.99	—	NOTE 7.750% 6/1	758075AF2
—	ALIBABA GROUP HLDG LTD	7,252,000 (+2.3%)	$10,059 (-8.6%)	0.7%	$1.39	—	NOTE 0.500% 6/0	01609WBG6
—	EQUINOX GOLD CORP	5,911,000 (+4.1%)	$14,248 (+6.9%)	1.0%	$1.30	—	NOTE 4.750%10/1	29446YAC0
—	ENOVIS CORPORATION	7,000,000 (+16.7%)	$6,745 (+15.2%)	0.5%	$1.02	—	NOTE 3.875%10/1	194014AB2
—	SOUTHERN CO	170,710 (+4.7%)	$8,814 (+8.9%)	0.6%	$49.71	—	UNIT 12/15/2028	842587842
—	BRIDGEBIO PHARMA INC	6,080,000 (+10.5%)	$6,798 (+10.1%)	0.5%	$0.85	—	NOTE 2.250% 2/0	10806XAD4
—	REPLIGEN CORP	6,437,000 (+23.5%)	$6,257 (+9.9%)	0.4%	$0.99	—	NOTE 1.000%12/1	759916AD1
—	BOFA FIN LLC	4,075,000 (+1.5%)	$4,874 (+11.9%)	0.3%	$1.09	—	MTNF 0.600% 5/2	09709UV70
—	OMNICELL COM	5,750,000 (+21.1%)	$5,581 (+9.0%)	0.4%	$1.06	—	NOTE 1.000%12/0	68213NAF6
—	BANK AMERICA CORP	16,309 (+2.7%)	$19,418 (-2.2%)	1.3%	$1207.58	—	7.25%CNV PFD L	060505682
—	SHIFT4 PMTS INC	100,000 (+41.2%)	$5,319 (-5.9%)	0.4%	$97.36	—	6 SER A CNV PREF	82452J307
—	ORMAT TECHNOLOGIES INC	2,992,000 (+10.9%)	$3,902 (+7.9%)	0.3%	$1.34	—	NOTE 2.500% 7/1	686688AB8
—	CMS ENERGY CORP	2,771,000 (+3.3%)	$3,131 (+9.1%)	0.2%	$0.98	—	NOTE 3.375% 5/0	125896BX7
—	COLLEGIUM PHARMACEUTICAL INC	5,100,000 (+17.2%)	$5,912 (-3.6%)	0.4%	$1.24	—	NOTE 2.875% 2/1	19459JAC8
—	RIVIAN AUTOMOTIVE INC	1,079,000 (+1.7%)	$1,155 (-13.4%)	0.1%	$0.99	—	NOTE 4.625% 3/1	76954AAB9
—	PROGRESS SOFTWARE CORP	5,500,000 (+10.0%)	$4,886 (-3.3%)	0.3%	$1.04	—	NOTE 3.500% 3/0	743312AD2
—	PINNACLE WEST CAP CORP	1,343,000 (+3.3%)	$1,538 (+10.8%)	0.1%	$1.08	—	NOTE 4.750% 6/1	723484AK7

Exited Positions (44)

— FORD MTR CO 1.4%

Value ($000) $20,646 Shares 19,881,000 Est. Cost $1.06 Unrealized —

— EXPEDIA GROUP INC 0.8%

Value ($000) $12,028 Shares 10,783,000 Est. Cost $1.03 Unrealized —

— TWO HARBORS INVENTMENT CORPO 0.7%

Value ($000) $9,473 Shares 9,497,000 Est. Cost $0.96 Unrealized —

BKLN INVESCO EXCH TRADED FD TR II 0.6%

Value ($000) $8,431 Shares 401,496 Est. Cost $21.11 Unrealized —

— SUMMIT HOTEL PPTYS 0.5%

Value ($000) $7,677 Shares 7,739,000 Est. Cost $1.00 Unrealized —

— ALLIANT ENERGY CORP 0.4%

Value ($000) $6,251 Shares 6,016,000 Est. Cost $1.06 Unrealized —

KBWB INVESCO EXCH TRADED FD TR II 0.4%

Value ($000) $5,529 Shares 65,596 Est. Cost $67.08 Unrealized —

— ITRON INC 0.4%

Value ($000) $5,332 Shares 5,391,000 Est. Cost $0.84 Unrealized —

— PENNYMAC CORP 0.4%

Value ($000) $5,194 Shares 5,212,000 Est. Cost $0.95 Unrealized —

JBBB JANUS DETROIT STR TR 0.3%

Value ($000) $3,916 Shares 82,088 Est. Cost $48.21 Unrealized —

— BENTLEY SYS INC 0.3%

Value ($000) $3,762 Shares 4,000,000 Est. Cost $0.82 Unrealized —

— DAYFORCE INC 0.2%

Value ($000) $3,416 Shares 3,450,000 Est. Cost $0.90 Unrealized —

— SPOTIFY USA INC 0.2%

Value ($000) $3,167 Shares 2,790,000 Est. Cost $0.93 Unrealized —

— EVOLENT HEALTH INC 0.2%

Value ($000) $3,015 Shares 4,500,000 Est. Cost $0.85 Unrealized —

— APPLIED OPTOELECTRONICS INC 0.2%

Value ($000) $2,581 Shares 2,250,000 Est. Cost $0.80 Unrealized —

— PELOTON INTERACTIVE INC 0.2%

Value ($000) $2,497 Shares 1,502,000 Est. Cost $1.83 Unrealized —

— HAEMONETICS CORP MASS 0.2%

Value ($000) $2,469 Shares 2,500,000 Est. Cost $0.82 Unrealized —

— ENPHASE ENERGY INC 0.2%

Value ($000) $2,469 Shares 2,500,000 Est. Cost $0.95 Unrealized —

— MITEK SYS INC 0.2%

Value ($000) $2,233 Shares 2,249,000 Est. Cost $0.98 Unrealized —

— FUBOTV INC 0.1%

Value ($000) $1,899 Shares 1,901,000 Est. Cost $0.97 Unrealized —

— AIRBNB INC 0.1%

Value ($000) $1,205 Shares 1,218,000 Est. Cost $0.97 Unrealized —

ADAM ADAMAS TRUST INC. 0.1%

Value ($000) $1,159 Shares 51,438 Est. Cost $22.52 Unrealized —

— EXACT SCIENCES CORP 0.1%

Value ($000) $1,044 Shares 1,000,000 Est. Cost $0.87 Unrealized —

— PELOTON INTERACTIVE INC 0.1%

Value ($000) $942 Shares 956,000 Est. Cost $0.90 Unrealized —

— TYLER TEX INDPT SCH DIST 0.1%

Value ($000) $747 Shares 739,000 Est. Cost $1.08 Unrealized —

— MACOM TECH SOLUTIONS HLDGS I 0.0%

Value ($000) $652 Shares 314,000 Est. Cost $1.02 Unrealized —

— BENTLEY SYS INC 0.0%

Value ($000) $587 Shares 588,000 Est. Cost $0.97 Unrealized —

— SNAP INC 0.0%

Value ($000) $571 Shares 630,000 Est. Cost $0.82 Unrealized —

— JAMF HLDG CORP 0.0%

Value ($000) $492 Shares 500,000 Est. Cost $0.84 Unrealized —

— LYFT INC 0.0%

Value ($000) $418 Shares 348,000 Est. Cost $0.96 Unrealized —

— H WORLD GROUP LTD 0.0%

Value ($000) $398 Shares 313,000 Est. Cost $1.06 Unrealized —

— EVOLENT HEALTH INC 0.0%

Value ($000) $353 Shares 500,000 Est. Cost $1.00 Unrealized —

— NUTANIX INC 0.0%

Value ($000) $299 Shares 266,000 Est. Cost $1.04 Unrealized —

CRM SALESFORCE INC 0.0%

Value ($000) $258 Shares 974 Est. Cost $173.15 Unrealized +24.6%

— ETSY INC 0.0%

Value ($000) $257 Shares 278,000 Est. Cost $1.06 Unrealized —

— CNX RES CORP 0.0%

Value ($000) $252 Shares 88,000 Est. Cost $2.09 Unrealized —

ABT ABBOTT LABS 0.0%

Value ($000) $231 Shares 1,844 Est. Cost $29.00 Unrealized +298.0%

ORCL ORACLE CORP 0.0%

Value ($000) $224 Shares 1,148 Est. Cost $30.91 Unrealized +448.6%

— WISDOMTREE INC 0.0%

Value ($000) $223 Shares 186,000 Est. Cost $1.31 Unrealized —

MS MORGAN STANLEY 0.0%

Value ($000) $212 Shares 1,196 Est. Cost $166.47 Unrealized +7.9%

— INTEGER HLDGS CORP 0.0%

Value ($000) $207 Shares 184,000 Est. Cost $1.44 Unrealized —

FWONK LIBERTY MEDIA CORP DEL 0.0%

Value ($000) $205 Shares 2,078 Est. Cost $62.30 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.0%

Value ($000) $203 Shares 351 Est. Cost $565.16 Unrealized +1.7%

— DROPBOX INC 0.0%

Value ($000) $89 Shares 88,000 Est. Cost $0.95 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	FORD MTR CO	19,881,000	$20,646	1.4%	$1.06	—	—	345370CZ1
—	EXPEDIA GROUP INC	10,783,000	$12,028	0.8%	$1.03	—	—	30212PBE4
—	TWO HARBORS INVENTMENT CORPO	9,497,000	$9,473	0.7%	$0.96	—	—	90187BAB7
BKLN	INVESCO EXCH TRADED FD TR II	401,496	$8,431	0.6%	$21.11	—	—	46138G508
—	SUMMIT HOTEL PPTYS	7,739,000	$7,677	0.5%	$1.00	—	—	866082AA8
—	ALLIANT ENERGY CORP	6,016,000	$6,251	0.4%	$1.06	—	—	018802AC2
KBWB	INVESCO EXCH TRADED FD TR II	65,596	$5,529	0.4%	$67.08	—	—	46138E628
—	ITRON INC	5,391,000	$5,332	0.4%	$0.84	—	—	465741AN6
—	PENNYMAC CORP	5,212,000	$5,194	0.4%	$0.95	—	—	70932AAF0
JBBB	JANUS DETROIT STR TR	82,088	$3,916	0.3%	$48.21	—	—	47103U753
—	BENTLEY SYS INC	4,000,000	$3,762	0.3%	$0.82	—	—	08265TAD1
—	DAYFORCE INC	3,450,000	$3,416	0.2%	$0.90	—	—	15677JAD0
—	SPOTIFY USA INC	2,790,000	$3,167	0.2%	$0.93	—	—	84921RAB6
—	EVOLENT HEALTH INC	4,500,000	$3,015	0.2%	$0.85	—	—	30050BAH4
—	APPLIED OPTOELECTRONICS INC	2,250,000	$2,581	0.2%	$0.80	—	—	03823UAE2
—	PELOTON INTERACTIVE INC	1,502,000	$2,497	0.2%	$1.83	—	—	70614WAD2
—	HAEMONETICS CORP MASS	2,500,000	$2,469	0.2%	$0.82	—	—	405024AB6
—	ENPHASE ENERGY INC	2,500,000	$2,469	0.2%	$0.95	—	—	29355AAH0
—	MITEK SYS INC	2,249,000	$2,233	0.2%	$0.98	—	—	606710AA9
—	FUBOTV INC	1,901,000	$1,899	0.1%	$0.97	—	—	35953DAB0
—	AIRBNB INC	1,218,000	$1,205	0.1%	$0.97	—	—	009066AB7
ADAM	ADAMAS TRUST INC.	51,438	$1,159	0.1%	$22.52	—	—	649604840
—	EXACT SCIENCES CORP	1,000,000	$1,044	0.1%	$0.87	—	—	30063PAB1
—	PELOTON INTERACTIVE INC	956,000	$942	0.1%	$0.90	—	—	70614WAB6
—	TYLER TEX INDPT SCH DIST	739,000	$747	0.1%	$1.08	—	—	902252AB1
—	MACOM TECH SOLUTIONS HLDGS I	314,000	$652	0.0%	$1.02	—	—	55405YAB6
—	BENTLEY SYS INC	588,000	$587	0.0%	$0.97	—	—	08265TAB5
—	SNAP INC	630,000	$571	0.0%	$0.82	—	—	83304AAH9
—	JAMF HLDG CORP	500,000	$492	0.0%	$0.84	—	—	47074LAB1
—	LYFT INC	348,000	$418	0.0%	$0.96	—	—	55087PAD6
—	H WORLD GROUP LTD	313,000	$398	0.0%	$1.06	—	—	44332NAB2
—	EVOLENT HEALTH INC	500,000	$353	0.0%	$1.00	—	—	30050BAJ0
—	NUTANIX INC	266,000	$299	0.0%	$1.04	—	—	67059NAH1
CRM	SALESFORCE INC	974	$258	0.0%	$173.15	+24.6%	—	79466L302
—	ETSY INC	278,000	$257	0.0%	$1.06	—	—	29786AAL0
—	CNX RES CORP	88,000	$252	0.0%	$2.09	—	—	12653CAG3
ABT	ABBOTT LABS	1,844	$231	0.0%	$29.00	+298.0%	—	002824100
ORCL	ORACLE CORP	1,148	$224	0.0%	$30.91	+448.6%	—	68389X105
—	WISDOMTREE INC	186,000	$223	0.0%	$1.31	—	—	97717PAH7
MS	MORGAN STANLEY	1,196	$212	0.0%	$166.47	+7.9%	—	617446448
—	INTEGER HLDGS CORP	184,000	$207	0.0%	$1.44	—	—	45826HAB5
FWONK	LIBERTY MEDIA CORP DEL	2,078	$205	0.0%	$62.30	—	—	531229755
TMO	THERMO FISHER SCIENTIFIC INC	351	$203	0.0%	$565.16	+1.7%	—	883556102
—	DROPBOX INC	88,000	$89	0.0%	$0.95	—	—	26210CAD6

Decreased Positions (54)

— DUKE ENERGY CORP NEW 0.3%

Value ($000) $4,042 (-83.0%) Shares 3,668,000 (-84.1%) Est. Cost $1.00 Unrealized —

— SEAGATE HDD CAYMAN 0.7%

Value ($000) $9,960 (-55.7%) Shares 2,098,000 (-68.7%) Est. Cost $1.43 Unrealized —

— APOLLO GLOBAL MGMT INC 0.5%

Value ($000) $6,826 (-62.3%) Shares 116,295 (-51.6%) Est. Cost $62.32 Unrealized —

— GUIDEWIRE SOFTWARE INC 0.0%

Value ($000) $464 (-95.9%) Shares 466,000 (-95.5%) Est. Cost $1.10 Unrealized —

— WESTERN DIGITAL CORP 3.9%

Value ($000) $56,027 (+23.9%) Shares 7,827,000 (-20.7%) Est. Cost $1.32 Unrealized —

— BRIGHTSPRING HEALTH SVCS INC 0.8%

Value ($000) $11,240 (-42.1%) Shares 78,940 (-48.8%) Est. Cost $71.88 Unrealized —

— BOEING CO 2.0%

Value ($000) $29,161 (-20.5%) Shares 449,250 (-15.0%) Est. Cost $61.94 Unrealized —

— RIOT PLATFORMS INC 0.0%

Value ($000) $16 (-99.7%) Shares 14,000 (-99.8%) Est. Cost $1.13 Unrealized —

— UBER TECHNOLOGIES INC 1.7%

Value ($000) $24,337 (-20.3%) Shares 20,239,000 (-14.0%) Est. Cost $1.13 Unrealized —

IYW ISHARES TR 0.4%

Value ($000) $5,373 (-51.4%) Shares 29,619 (-46.6%) Est. Cost $144.28 Unrealized —

— KKR & CO INC 1.0%

Value ($000) $13,882 (-28.2%) Shares 346,110 (-7.5%) Est. Cost $49.79 Unrealized —

— DATADOG INC 0.4%

Value ($000) $5,139 (-51.2%) Shares 5,317,000 (-49.6%) Est. Cost $1.00 Unrealized —

VXUS VANGUARD STAR FDS 0.6%

Value ($000) $8,523 (-37.9%) Shares 110,525 (-39.2%) Est. Cost $58.71 Unrealized —

— WAYFAIR INC 0.2%

Value ($000) $3,029 (-62.7%) Shares 2,246,000 (-54.0%) Est. Cost $1.17 Unrealized —

— SNOWFLAKE INC 0.0%

Value ($000) $322 (-93.8%) Shares 263,000 (-92.2%) Est. Cost $1.56 Unrealized —

— ARRAY TECHNOLOGIES INC 0.0%

Value ($000) $366 (-92.5%) Shares 405,000 (-92.5%) Est. Cost $0.84 Unrealized —

— ADVANCED ENERGY INDS 1.0%

Value ($000) $14,298 (+38.1%) Shares 5,948,000 (-5.8%) Est. Cost $1.07 Unrealized —

— ARES MANAGEMENT CORPORATION 0.7%

Value ($000) $9,617 (-28.5%) Shares 260,190 (-2.7%) Est. Cost $54.02 Unrealized —

— MERITAGE HOMES CORP 0.0%

Value ($000) $544 (-85.6%) Shares 565,000 (-85.3%) Est. Cost $0.99 Unrealized —

— STRATEGY INC 0.0%

Value ($000) $153 (-94.9%) Shares 185,000 (-95.0%) Est. Cost $0.82 Unrealized —

IEMG ISHARES INC 0.7%

Value ($000) $9,942 (-21.4%) Shares 142,537 (-24.2%) Est. Cost $60.02 Unrealized —

— MKS INC. 1.5%

Value ($000) $21,608 (-11.1%) Shares 13,080,000 (-31.4%) Est. Cost $0.99 Unrealized —

— LUMENTUM HLDGS INC 0.3%

Value ($000) $4,784 (+88.4%) Shares 473,000 (-1.0%) Est. Cost $0.97 Unrealized —

— ALBEMARLE CORP 1.7%

Value ($000) $25,290 (+8.5%) Shares 353,465 (-10.7%) Est. Cost $46.63 Unrealized —

SPHY SPDR SERIES TRUST 0.4%

Value ($000) $6,039 (-23.8%) Shares 258,979 (-22.6%) Est. Cost $23.67 Unrealized —

— MICROCHIP TECHNOLOGY INC. 0.7%

Value ($000) $10,105 (-14.8%) Shares 176,325 (-13.3%) Est. Cost $57.92 Unrealized —

— RAPID7 INC 0.1%

Value ($000) $1,675 (-47.4%) Shares 2,000,000 (-42.9%) Est. Cost $0.87 Unrealized —

EWJ ISHARES INC 0.1%

Value ($000) $2,115 (-37.7%) Shares 25,051 (-40.4%) Est. Cost $80.21 Unrealized —

— NUTANIX INC 0.3%

Value ($000) $4,057 (-23.9%) Shares 4,500,000 (-18.5%) Est. Cost $0.96 Unrealized —

BUFR FIRST TR EXCHNG TRADED FD VI 0.6%

Value ($000) $8,698 (-12.2%) Shares 257,552 (-10.9%) Est. Cost $27.10 Unrealized —

— AFFIRM HLDGS INC 0.3%

Value ($000) $3,990 (-23.0%) Shares 4,264,000 (-9.0%) Est. Cost $1.11 Unrealized —

— ON SEMICONDUCTOR CORP 0.9%

Value ($000) $13,118 (-6.9%) Shares 10,173,000 (-14.0%) Est. Cost $1.18 Unrealized —

— BOX INC 0.3%

Value ($000) $3,998 (-19.1%) Shares 4,362,000 (-14.2%) Est. Cost $1.00 Unrealized —

— MIRUM PHARMACEUTICALS INC 0.7%

Value ($000) $9,706 (-8.6%) Shares 3,255,000 (-21.0%) Est. Cost $1.38 Unrealized —

— SHIFT4 PMTS INC 0.0%

Value ($000) $256 (-74.9%) Shares 273,000 (-74.2%) Est. Cost $0.94 Unrealized —

— STRATEGY INC 0.5%

Value ($000) $7,527 (-7.6%) Shares 7,845,000 (-1.0%) Est. Cost $1.18 Unrealized —

— PARSONS CORP DEL 0.5%

Value ($000) $7,898 (-7.1%) Shares 8,026,000 (-2.9%) Est. Cost $1.02 Unrealized —

— FIVE9 INC 0.2%

Value ($000) $2,603 (-17.2%) Shares 3,000,000 (-14.3%) Est. Cost $0.87 Unrealized —

— INTERDIGITAL INC 0.5%

Value ($000) $6,669 (-7.1%) Shares 1,709,000 (-2.0%) Est. Cost $1.44 Unrealized —

— AFFIRM HLDGS INC 0.5%

Value ($000) $7,224 (-5.8%) Shares 7,467,000 (-6.5%) Est. Cost $0.77 Unrealized —

— BRIDGEBIO PHARMA INC 0.0%

Value ($000) $716 (-32.6%) Shares 398,000 (-29.3%) Est. Cost $1.27 Unrealized —

— LUMENTUM HLDGS INC 0.4%

Value ($000) $5,507 (+6.5%) Shares 779,000 (-44.1%) Est. Cost $1.06 Unrealized —

— GLOBAL PMTS INC 0.6%

Value ($000) $8,853 (-3.3%) Shares 10,048,000 (-1.6%) Est. Cost $0.94 Unrealized —

— GUARDANT HEALTH INC 0.0%

Value ($000) $381 (-41.3%) Shares 227,000 (-36.1%) Est. Cost $1.16 Unrealized —

— PEBBLEBROOK HOTEL TR 0.1%

Value ($000) $2,100 (-9.0%) Shares 2,156,000 (-9.9%) Est. Cost $1.06 Unrealized —

— SEMTECH CORP 0.0%

Value ($000) $183 (-46.4%) Shares 87,000 (-48.2%) Est. Cost $2.03 Unrealized —

— NEXTERA ENERGY INC 0.2%

Value ($000) $2,389 (+5.5%) Shares 42,335 (-3.6%) Est. Cost $53.75 Unrealized —

MU MICRON TECHNOLOGY INC 0.0%

Value ($000) $265 (-29.1%) Shares 784 (-40.1%) Est. Cost $127.82 Unrealized +202.8%

CSCO CISCO SYS INC 0.0%

Value ($000) $321 (-9.3%) Shares 4,138 (-10.0%) Est. Cost $16.25 Unrealized +379.6%

— GUARDANT HEALTH INC 0.0%

Value ($000) $418 (-6.1%) Shares 407,000 (-1.7%) Est. Cost $0.76 Unrealized —

— POST HLDGS INC 0.3%

Value ($000) $3,975 (-0.6%) Shares 3,672,000 (-1.2%) Est. Cost $1.12 Unrealized —

— AMPHASTAR PHARMACEUTICALS IN 0.0%

Value ($000) $323 (-4.4%) Shares 358,000 (-2.5%) Est. Cost $1.06 Unrealized —

— Q2 HLDGS INC 0.0%

Value ($000) $315 (-3.5%) Shares 317,000 (-1.9%) Est. Cost $1.09 Unrealized —

— UGI CORP NEW 0.0%

Value ($000) $366 (-3.0%) Shares 261,000 (-1.9%) Est. Cost $1.38 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	DUKE ENERGY CORP NEW	3,668,000 (-84.1%)	$4,042 (-83.0%)	0.3%	$1.00	—	NOTE 4.125% 4/1	26441CBY0
—	SEAGATE HDD CAYMAN	2,098,000 (-68.7%)	$9,960 (-55.7%)	0.7%	$1.43	—	NOTE 3.500% 6/0	81180WBL4
—	APOLLO GLOBAL MGMT INC	116,295 (-51.6%)	$6,826 (-62.3%)	0.5%	$62.32	—	SER A MAND CNV	03769M304
—	GUIDEWIRE SOFTWARE INC	466,000 (-95.5%)	$464 (-95.9%)	0.0%	$1.10	—	NOTE 1.250%11/0	40171VAC4
—	WESTERN DIGITAL CORP	7,827,000 (-20.7%)	$56,027 (+23.9%)	3.9%	$1.32	—	NOTE 3.000%11/1	958102AT2
—	BRIGHTSPRING HEALTH SVCS INC	78,940 (-48.8%)	$11,240 (-42.1%)	0.8%	$71.88	—	UNIT 02/01/2027	10950A205
—	BOEING CO	449,250 (-15.0%)	$29,161 (-20.5%)	2.0%	$61.94	—	DEP CONV PFD A	097023204
—	RIOT PLATFORMS INC	14,000 (-99.8%)	$16 (-99.7%)	0.0%	$1.13	—	NOTE 0.750% 1/1	767292AB1
—	UBER TECHNOLOGIES INC	20,239,000 (-14.0%)	$24,337 (-20.3%)	1.7%	$1.13	—	NOTE 0.875%12/0	90353TAM2
IYW	ISHARES TR	29,619 (-46.6%)	$5,373 (-51.4%)	0.4%	$144.28	—	U.S. TECH ETF	464287721
—	KKR & CO INC	346,110 (-7.5%)	$13,882 (-28.2%)	1.0%	$49.79	—	6.25 CON SER D	48251W500
—	DATADOG INC	5,317,000 (-49.6%)	$5,139 (-51.2%)	0.4%	$1.00	—	NOTE 12/0	23804LAD5
VXUS	VANGUARD STAR FDS	110,525 (-39.2%)	$8,523 (-37.9%)	0.6%	$58.71	—	VG TL INTL STK F	921909768
—	WAYFAIR INC	2,246,000 (-54.0%)	$3,029 (-62.7%)	0.2%	$1.17	—	NOTE 3.250% 9/1	94419LAP6
—	SNOWFLAKE INC	263,000 (-92.2%)	$322 (-93.8%)	0.0%	$1.56	—	NOTE 10/0	833445AD1
—	ARRAY TECHNOLOGIES INC	405,000 (-92.5%)	$366 (-92.5%)	0.0%	$0.84	—	NOTE 1.000%12/0	04271TAB6
—	ADVANCED ENERGY INDS	5,948,000 (-5.8%)	$14,298 (+38.1%)	1.0%	$1.07	—	NOTE 2.500% 9/1	007973AE0
—	ARES MANAGEMENT CORPORATION	260,190 (-2.7%)	$9,617 (-28.5%)	0.7%	$54.02	—	6.75 SE B PFD	03990B309
—	MERITAGE HOMES CORP	565,000 (-85.3%)	$544 (-85.6%)	0.0%	$0.99	—	NOTE 1.750% 5/1	59001ABF8
—	STRATEGY INC	185,000 (-95.0%)	$153 (-94.9%)	0.0%	$0.82	—	NOTE 12/0	594972AS0
IEMG	ISHARES INC	142,537 (-24.2%)	$9,942 (-21.4%)	0.7%	$60.02	—	CORE MSCI EMKT	46434G103
—	MKS INC.	13,080,000 (-31.4%)	$21,608 (-11.1%)	1.5%	$0.99	—	NOTE 1.250% 6/0	55306NAB0
—	LUMENTUM HLDGS INC	473,000 (-1.0%)	$4,784 (+88.4%)	0.3%	$0.97	—	NOTE 1.500%12/1	55024UAH2
—	ALBEMARLE CORP	353,465 (-10.7%)	$25,290 (+8.5%)	1.7%	$46.63	—	7.25% DEP SHS A	012653200
SPHY	SPDR SERIES TRUST	258,979 (-22.6%)	$6,039 (-23.8%)	0.4%	$23.67	—	STATE STREET SPD	78468R606
—	MICROCHIP TECHNOLOGY INC.	176,325 (-13.3%)	$10,105 (-14.8%)	0.7%	$57.92	—	DEP SHS REPSTG	595017302
—	RAPID7 INC	2,000,000 (-42.9%)	$1,675 (-47.4%)	0.1%	$0.87	—	NOTE 1.250% 3/1	753422AH7
EWJ	ISHARES INC	25,051 (-40.4%)	$2,115 (-37.7%)	0.1%	$80.21	—	MSCI JAPAN ETF	46434G822
—	NUTANIX INC	4,500,000 (-18.5%)	$4,057 (-23.9%)	0.3%	$0.96	—	NOTE 0.500%12/1	67059NAK4
BUFR	FIRST TR EXCHNG TRADED FD VI	257,552 (-10.9%)	$8,698 (-12.2%)	0.6%	$27.10	—	FT VEST LADDERED	33740F755
—	AFFIRM HLDGS INC	4,264,000 (-9.0%)	$3,990 (-23.0%)	0.3%	$1.11	—	NOTE 0.750%12/1	00827BAD8
—	ON SEMICONDUCTOR CORP	10,173,000 (-14.0%)	$13,118 (-6.9%)	0.9%	$1.18	—	NOTE 5/0	682189AS4
—	BOX INC	4,362,000 (-14.2%)	$3,998 (-19.1%)	0.3%	$1.00	—	NOTE 1.500% 9/1	10316TAD6
—	MIRUM PHARMACEUTICALS INC	3,255,000 (-21.0%)	$9,706 (-8.6%)	0.7%	$1.38	—	NOTE 4.000% 5/0	604749AB7
—	SHIFT4 PMTS INC	273,000 (-74.2%)	$256 (-74.9%)	0.0%	$0.94	—	NOTE 0.500% 8/0	82452JAD1
—	STRATEGY INC	7,845,000 (-1.0%)	$7,527 (-7.6%)	0.5%	$1.18	—	NOTE 0.875% 3/1	594972AL5
—	PARSONS CORP DEL	8,026,000 (-2.9%)	$7,898 (-7.1%)	0.5%	$1.02	—	NOTE 2.625% 3/0	70202LAD4
—	FIVE9 INC	3,000,000 (-14.3%)	$2,603 (-17.2%)	0.2%	$0.87	—	NOTE 1.000% 3/1	338307AF8
—	INTERDIGITAL INC	1,709,000 (-2.0%)	$6,669 (-7.1%)	0.5%	$1.44	—	NOTE 3.500% 6/0	45867GAD3
—	AFFIRM HLDGS INC	7,467,000 (-6.5%)	$7,224 (-5.8%)	0.5%	$0.77	—	NOTE 11/1	00827BAB2
—	BRIDGEBIO PHARMA INC	398,000 (-29.3%)	$716 (-32.6%)	0.0%	$1.27	—	NOTE 2.500% 3/1	10806XAB8
—	LUMENTUM HLDGS INC	779,000 (-44.1%)	$5,507 (+6.5%)	0.4%	$1.06	—	NOTE 0.500%12/1	55024UAD1
—	GLOBAL PMTS INC	10,048,000 (-1.6%)	$8,853 (-3.3%)	0.6%	$0.94	—	NOTE 1.500% 3/0	37940XAU6
—	GUARDANT HEALTH INC	227,000 (-36.1%)	$381 (-41.3%)	0.0%	$1.16	—	DEBT 1.250% 2/1	40131MAD1
—	PEBBLEBROOK HOTEL TR	2,156,000 (-9.9%)	$2,100 (-9.0%)	0.1%	$1.06	—	NOTE 1.750%12/1	70509VAA8
—	SEMTECH CORP	87,000 (-48.2%)	$183 (-46.4%)	0.0%	$2.03	—	NOTE 1.625%11/0	816850AF8
—	NEXTERA ENERGY INC	42,335 (-3.6%)	$2,389 (+5.5%)	0.2%	$53.75	—	UNIT 06/01/2027	65339F663
MU	MICRON TECHNOLOGY INC	784 (-40.1%)	$265 (-29.1%)	0.0%	$127.82	+202.8%	COM	595112103
CSCO	CISCO SYS INC	4,138 (-10.0%)	$321 (-9.3%)	0.0%	$16.25	+379.6%	COM	17275R102
—	GUARDANT HEALTH INC	407,000 (-1.7%)	$418 (-6.1%)	0.0%	$0.76	—	NOTE 11/1	40131MAB5
—	POST HLDGS INC	3,672,000 (-1.2%)	$3,975 (-0.6%)	0.3%	$1.12	—	NOTE 2.500% 8/1	737446AT1
—	AMPHASTAR PHARMACEUTICALS IN	358,000 (-2.5%)	$323 (-4.4%)	0.0%	$1.06	—	NOTE 2.000% 3/1	03209RAB9
—	Q2 HLDGS INC	317,000 (-1.9%)	$315 (-3.5%)	0.0%	$1.09	—	NOTE 0.750% 6/0	74736LAD1
—	UGI CORP NEW	261,000 (-1.9%)	$366 (-3.0%)	0.0%	$1.38	—	NOTE 5.000% 6/0	902681AB1

Unchanged Positions (114)

— NEXTERA ENERGY CAP HLDGS INC 2.8%

Value ($000) $40,013 Shares 28,838,000 Est. Cost $1.15 Unrealized —

IVV ISHARES TR 4.4%

Value ($000) $64,373 Shares 98,548 Est. Cost $352.41 Unrealized —

— SPHERE ENTERTAINMENT CO 0.9%

Value ($000) $13,444 Shares 4,000,000 Est. Cost $1.37 Unrealized —

— CENTURY ALUM CO 0.4%

Value ($000) $5,973 Shares 1,900,000 Est. Cost $1.01 Unrealized —

— RIVIAN AUTOMOTIVE INC 0.8%

Value ($000) $11,645 Shares 12,159,000 Est. Cost $0.89 Unrealized —

— PAGAYA U S HLDG CO LLC 0.2%

Value ($000) $3,156 Shares 2,750,000 Est. Cost $1.82 Unrealized —

— IRHYTHM HOLDINGS INC 0.3%

Value ($000) $5,058 Shares 4,636,000 Est. Cost $1.16 Unrealized —

— CENTRUS ENERGY CORP 0.3%

Value ($000) $4,360 Shares 2,150,000 Est. Cost $2.68 Unrealized —

— WAYFAIR INC 0.3%

Value ($000) $4,359 Shares 2,500,000 Est. Cost $1.35 Unrealized —

— SOLARIS ENERGY INFRAS INC 0.7%

Value ($000) $9,974 Shares 7,987,000 Est. Cost $1.08 Unrealized —

— AEROVIRONMENT INC 0.6%

Value ($000) $8,916 Shares 9,112,000 Est. Cost $1.19 Unrealized —

— WELLS FARGO & CO 1.5%

Value ($000) $21,329 Shares 18,432 Est. Cost $1224.42 Unrealized —

— VENTAS RLTY LTD PARTNERSHIP 1.1%

Value ($000) $16,570 Shares 11,144,000 Est. Cost $1.06 Unrealized —

— TRIP COM GROUP LTD 0.3%

Value ($000) $4,824 Shares 4,662,000 Est. Cost $1.11 Unrealized —

— LIBERTY MEDIA CORP DEL 0.6%

Value ($000) $8,830 Shares 7,655,000 Est. Cost $0.97 Unrealized —

— CELCUITY INC 0.5%

Value ($000) $7,800 Shares 3,206,000 Est. Cost $1.33 Unrealized —

— SOLAREDGE TECHNOLOGIES INC 0.2%

Value ($000) $2,571 Shares 1,500,000 Est. Cost $1.32 Unrealized —

— ALNYLAM PHARMACEUTICALS INC 0.4%

Value ($000) $5,252 Shares 4,098,000 Est. Cost $1.09 Unrealized —

MSFT MICROSOFT CORP 0.2%

Value ($000) $2,459 Shares 6,643 Est. Cost $38.41 Unrealized +1031.5%

— COINBASE GLOBAL INC 0.5%

Value ($000) $6,761 Shares 7,297,000 Est. Cost $1.31 Unrealized —

— CENTERPOINT ENERGY INC 0.6%

Value ($000) $8,255 Shares 6,969,000 Est. Cost $1.06 Unrealized —

— PTC THERAPEUTICS INC 0.4%

Value ($000) $5,530 Shares 4,156,000 Est. Cost $1.19 Unrealized —

— BURLINGTON STORES INC 0.4%

Value ($000) $5,701 Shares 3,455,000 Est. Cost $1.39 Unrealized —

— SOUTHERN CO 0.8%

Value ($000) $11,448 Shares 10,306,000 Est. Cost $1.11 Unrealized —

— ASCENDIS PHARMA A/S 1.1%

Value ($000) $15,893 Shares 10,834,000 Est. Cost $1.10 Unrealized —

— FLUOR CORP 0.4%

Value ($000) $5,690 Shares 4,620,000 Est. Cost $1.31 Unrealized —

— LEMAITRE VASCULAR INC 0.3%

Value ($000) $3,951 Shares 3,500,000 Est. Cost $1.00 Unrealized —

— SUNRUN INC 0.2%

Value ($000) $2,381 Shares 2,000,000 Est. Cost $1.34 Unrealized —

— BRUKER CORP 0.1%

Value ($000) $1,730 Shares 6,000 Est. Cost $271.80 Unrealized —

— PEABODY ENGR CORP 0.3%

Value ($000) $4,071 Shares 2,216,000 Est. Cost $1.59 Unrealized —

— HALOZYME THERAPEUTICS INC 0.5%

Value ($000) $7,778 Shares 6,079,000 Est. Cost $1.10 Unrealized —

— GREENBRIER COS INC 0.3%

Value ($000) $4,578 Shares 3,969,000 Est. Cost $0.98 Unrealized —

— HEWLETT PACKARD ENTERPRISE C 0.9%

Value ($000) $13,578 Shares 209,445 Est. Cost $57.52 Unrealized —

— GRANITE CONSTR INC 0.6%

Value ($000) $8,682 Shares 5,278,000 Est. Cost $1.37 Unrealized —

NVDA NVIDIA CORPORATION 0.2%

Value ($000) $3,475 Shares 19,923 Est. Cost $92.62 Unrealized +101.5%

— COGENT BIOSCIENCES INC 0.4%

Value ($000) $5,450 Shares 4,453,000 Est. Cost $1.17 Unrealized —

LQD ISHARES TR 1.4%

Value ($000) $19,950 Shares 183,046 Est. Cost $109.71 Unrealized —

— SPECTRUM BRANDS INC 0.3%

Value ($000) $4,486 Shares 4,500,000 Est. Cost $0.91 Unrealized —

GOOGL ALPHABET INC 0.2%

Value ($000) $2,581 Shares 8,975 Est. Cost $106.43 Unrealized +203.8%

AAPL APPLE INC 0.2%

Value ($000) $2,704 Shares 10,656 Est. Cost $83.72 Unrealized +213.9%

— IONIS PHARMACEUTICALS INC 0.2%

Value ($000) $3,525 Shares 2,340,000 Est. Cost $1.13 Unrealized —

META META PLATFORMS INC 0.1%

Value ($000) $1,229 Shares 2,148 Est. Cost $87.37 Unrealized +650.4%

AMZN AMAZON COM INC 0.1%

Value ($000) $1,742 Shares 8,363 Est. Cost $122.53 Unrealized +85.1%

— CSG SYS INTL INC 0.4%

Value ($000) $6,083 Shares 5,000,000 Est. Cost $1.03 Unrealized —

SDVY FIRST TR EXCHANGE TRADED FD 0.5%

Value ($000) $6,583 Shares 166,963 Est. Cost $36.21 Unrealized —

— OSI SYSTEMS INC 0.3%

Value ($000) $4,931 Shares 3,220,000 Est. Cost $1.45 Unrealized —

— AKAMAI TECHNOLOGIES INC 0.1%

Value ($000) $1,121 Shares 968,000 Est. Cost $1.01 Unrealized —

— CLOUDFLARE INC 0.8%

Value ($000) $12,090 Shares 10,328,000 Est. Cost $1.00 Unrealized —

HDEF DBX ETF TR 0.2%

Value ($000) $3,176 Shares 98,006 Est. Cost $24.73 Unrealized —

AVGO BROADCOM INC 0.1%

Value ($000) $1,169 Shares 3,778 Est. Cost $144.17 Unrealized +131.8%

— T1 ENERGY INC 0.0%

Value ($000) $521 Shares 500,000 Est. Cost $1.27 Unrealized —

TSLA TESLA INC 0.0%

Value ($000) $547 Shares 1,471 Est. Cost $246.82 Unrealized +72.6%

— BLOCK INC 0.4%

Value ($000) $5,619 Shares 6,013,000 Est. Cost $0.85 Unrealized —

— FORTUNA MNG CORP 0.3%

Value ($000) $4,334 Shares 2,500,000 Est. Cost $1.29 Unrealized —

— INNOVIVA INC 0.1%

Value ($000) $1,643 Shares 1,523,000 Est. Cost $0.83 Unrealized —

ACWX ISHARES TR 0.5%

Value ($000) $7,309 Shares 106,750 Est. Cost $55.72 Unrealized —

KKR KKR & CO INC 0.0%

Value ($000) $229 Shares 2,474 Est. Cost $47.56 Unrealized +141.3%

— CAPITAL SOUTHWEST CORP 0.2%

Value ($000) $2,548 Shares 2,500,000 Est. Cost $0.97 Unrealized —

XLU SELECT SECTOR SPDR TR 0.1%

Value ($000) $1,129 Shares 24,600 Est. Cost $45.50 Unrealized —

CVX CHEVRON CORPORATION 0.0%

Value ($000) $299 Shares 1,443 Est. Cost $79.58 Unrealized +116.0%

LLY ELI LILLY & CO 0.0%

Value ($000) $465 Shares 506 Est. Cost $448.39 Unrealized +133.5%

JPM JPMORGAN CHASE & CO 0.1%

Value ($000) $799 Shares 2,717 Est. Cost $37.03 Unrealized +741.0%

JNJ JOHNSON & JOHNSON 0.0%

Value ($000) $473 Shares 1,935 Est. Cost $69.14 Unrealized +229.6%

COST COSTCO WHOLESALE CORPORATION 0.0%

Value ($000) $515 Shares 517 Est. Cost $119.70 Unrealized +705.2%

— SYNAPTICS INC 0.3%

Value ($000) $4,221 Shares 4,086,000 Est. Cost $1.05 Unrealized —

V VISA INC 0.0%

Value ($000) $389 Shares 1,287 Est. Cost $79.55 Unrealized +313.8%

— DRAFTKINGS INC NEW 0.3%

Value ($000) $4,137 Shares 4,597,000 Est. Cost $0.79 Unrealized —

— WINNEBAGO INDS INC 0.1%

Value ($000) $1,488 Shares 1,650,000 Est. Cost $0.94 Unrealized —

— CONMED CORP 0.4%

Value ($000) $5,324 Shares 5,500,000 Est. Cost $1.05 Unrealized —

JAAA JANUS DETROIT STR TR 0.7%

Value ($000) $10,824 Shares 214,889 Est. Cost $50.86 Unrealized —

BAC BANK AMERICA CORP 0.0%

Value ($000) $441 Shares 9,049 Est. Cost $11.46 Unrealized +368.1%

WFC WELLS FARGO & CO 0.0%

Value ($000) $323 Shares 4,057 Est. Cost $23.98 Unrealized +275.5%

WMT WALMART INC 0.0%

Value ($000) $524 Shares 4,220 Est. Cost $44.12 Unrealized +176.6%

UNH UNITEDHEALTH GROUP INC 0.0%

Value ($000) $244 Shares 901 Est. Cost $64.23 Unrealized +380.6%

— MARRIOTT VACATIONS WORLDWIDE 0.4%

Value ($000) $5,088 Shares 5,300,000 Est. Cost $0.92 Unrealized —

— HALOZYME THERAPEUTICS INC 0.1%

Value ($000) $1,348 Shares 1,300,000 Est. Cost $1.07 Unrealized —

BUG GLOBAL X FDS 0.0%

Value ($000) $232 Shares 9,248 Est. Cost $33.80 Unrealized —

MA MASTERCARD INCORPORATED 0.0%

Value ($000) $308 Shares 617 Est. Cost $74.60 Unrealized +622.5%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $736 Shares 1,535 Est. Cost $137.39 Unrealized +259.2%

ETN EATON CORP PLC 0.0%

Value ($000) $323 Shares 904 Est. Cost $145.02 Unrealized +143.8%

— CIPHER DIGITAL INC 0.0%

Value ($000) $269 Shares 87,000 Est. Cost $1.28 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.7%

Value ($000) $9,482 Shares 49,407 Est. Cost $173.23 Unrealized —

— STRATEGY INC 0.0%

Value ($000) $245 Shares 3,445 Est. Cost $83.98 Unrealized —

— STRATEGY INC 0.0%

Value ($000) $358 Shares 351,000 Est. Cost $1.11 Unrealized —

— WORKIVA INC 0.0%

Value ($000) $489 Shares 523,000 Est. Cost $0.97 Unrealized —

BA BOEING CO 0.0%

Value ($000) $290 Shares 1,458 Est. Cost $156.93 Unrealized +52.0%

IWM ISHARES TR 0.3%

Value ($000) $5,061 Shares 20,406 Est. Cost $216.26 Unrealized —

— BLACKSTONE MORTGAGE TRUST IN 0.4%

Value ($000) $5,548 Shares 5,604,000 Est. Cost $0.94 Unrealized —

KO COCA COLA CO 0.0%

Value ($000) $293 Shares 3,853 Est. Cost $28.21 Unrealized +165.0%

— NIO INC 0.0%

Value ($000) $262 Shares 265,000 Est. Cost $1.05 Unrealized —

AMGN AMGEN INC 0.0%

Value ($000) $294 Shares 835 Est. Cost $88.03 Unrealized +297.2%

ABBV ABBVIE INC 0.0%

Value ($000) $290 Shares 1,334 Est. Cost $32.31 Unrealized +588.8%

— PENNYMAC CORP 0.1%

Value ($000) $1,557 Shares 1,500,000 Est. Cost $1.01 Unrealized —

UNP UNION PAC CORP 0.0%

Value ($000) $267 Shares 1,100 Est. Cost $73.21 Unrealized +232.3%

— CYTOKINETICS INC 0.0%

Value ($000) $450 Shares 308,000 Est. Cost $1.11 Unrealized —

HD HOME DEPOT INC 0.0%

Value ($000) $255 Shares 775 Est. Cost $65.33 Unrealized +477.0%

— TELADOC HEALTH INC 0.2%

Value ($000) $2,286 Shares 2,396,000 Est. Cost $0.86 Unrealized —

— ZIFF DAVIS INC 0.1%

Value ($000) $1,617 Shares 1,650,000 Est. Cost $0.92 Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 0.0%

Value ($000) $271 Shares 1,721 Est. Cost $46.08 Unrealized +258.1%

LMBS FIRST TR EXCHANGE-TRADED FD 0.0%

Value ($000) $499 Shares 10,017 Est. Cost $49.96 Unrealized —

PH PARKER-HANNIFIN CORP 0.0%

Value ($000) $298 Shares 333 Est. Cost $275.48 Unrealized +247.7%

IYR ISHARES TR 0.0%

Value ($000) $666 Shares 7,047 Est. Cost $99.84 Unrealized —

— ZIFF DAVIS INC 0.1%

Value ($000) $1,511 Shares 1,542,000 Est. Cost $0.96 Unrealized —

MCD MCDONALDS CORP 0.0%

Value ($000) $268 Shares 861 Est. Cost $88.23 Unrealized +259.6%

— NCL CORP LTD 0.0%

Value ($000) $182 Shares 187,000 Est. Cost $0.96 Unrealized —

— DEXCOM INC 0.1%

Value ($000) $1,983 Shares 2,153,000 Est. Cost $0.95 Unrealized —

PG PROCTER & GAMBLE CO 0.0%

Value ($000) $378 Shares 2,618 Est. Cost $58.66 Unrealized +158.7%

— DIGITALOCEAN HLDGS INC 0.0%

Value ($000) $242 Shares 248,000 Est. Cost $0.78 Unrealized —

AGG ISHARES TR 0.0%

Value ($000) $369 Shares 3,720 Est. Cost $111.99 Unrealized —

— JBT MAREL CORPORATION 0.0%

Value ($000) $82 Shares 82,000 Est. Cost $0.91 Unrealized —

IBB ISHARES TR 0.4%

Value ($000) $6,092 Shares 36,081 Est. Cost $168.77 Unrealized —

— SHAKE SHACK INC 0.0%

Value ($000) $280 Shares 297,000 Est. Cost $0.81 Unrealized —

— AMERICAN WTR CAP CORP 0.0%

Value ($000) $232 Shares 233,000 Est. Cost $1.02 Unrealized —

SGOV ISHARES TR 0.1%

Value ($000) $926 Shares 9,197 Est. Cost $100.70 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	NEXTERA ENERGY CAP HLDGS INC	28,838,000	$40,013	2.8%	$1.15	—	NOTE 3.000% 3/0	65339KCY4
IVV	ISHARES TR	98,548	$64,373	4.4%	$352.41	—	CORE S&P500 ETF	464287200
—	SPHERE ENTERTAINMENT CO	4,000,000	$13,444	0.9%	$1.37	—	NOTE 3.500%12/0	55826TAB8
—	CENTURY ALUM CO	1,900,000	$5,973	0.4%	$1.01	—	NOTE 2.750% 5/0	156431AQ1
—	RIVIAN AUTOMOTIVE INC	12,159,000	$11,645	0.8%	$0.89	—	NOTE 3.625%10/1	76954AAD5
—	PAGAYA U S HLDG CO LLC	2,750,000	$3,156	0.2%	$1.82	—	NOTE 6.125%10/0	69549FAB5
—	IRHYTHM HOLDINGS INC	4,636,000	$5,058	0.3%	$1.16	—	NOTE 1.500% 9/0	450056AB2
—	CENTRUS ENERGY CORP	2,150,000	$4,360	0.3%	$2.68	—	NOTE 2.250%11/0	15643UAE4
—	WAYFAIR INC	2,500,000	$4,359	0.3%	$1.35	—	NOTE 3.500%11/1	94419LAR2
—	SOLARIS ENERGY INFRAS INC	7,987,000	$9,974	0.7%	$1.08	—	NOTE 0.250%10/0	83419XAB4
—	AEROVIRONMENT INC	9,112,000	$8,916	0.6%	$1.19	—	NOTE 7/1	008073AA6
—	WELLS FARGO & CO	18,432	$21,329	1.5%	$1224.42	—	PERP PFD CNV A	949746804
—	VENTAS RLTY LTD PARTNERSHIP	11,144,000	$16,570	1.1%	$1.06	—	NOTE 3.750% 6/0	92277GAZ0
—	TRIP COM GROUP LTD	4,662,000	$4,824	0.3%	$1.11	—	NOTE 0.750% 6/1	89677QAB3
—	LIBERTY MEDIA CORP DEL	7,655,000	$8,830	0.6%	$0.97	—	NOTE 2.250% 8/1	531229AQ5
—	CELCUITY INC	3,206,000	$7,800	0.5%	$1.33	—	NOTE 2.750% 8/0	15102KAA8
—	SOLAREDGE TECHNOLOGIES INC	1,500,000	$2,571	0.2%	$1.32	—	NOTE 2.250% 7/0	83417MAE4
—	ALNYLAM PHARMACEUTICALS INC	4,098,000	$5,252	0.4%	$1.09	—	NOTE 1.000% 9/1	02043QAB3
MSFT	MICROSOFT CORP	6,643	$2,459	0.2%	$38.41	+1031.5%	COM	594918104
—	COINBASE GLOBAL INC	7,297,000	$6,761	0.5%	$1.31	—	NOTE 0.250% 4/0	19260QAF4
—	CENTERPOINT ENERGY INC	6,969,000	$8,255	0.6%	$1.06	—	NOTE 4.250% 8/1	15189TBD8
—	PTC THERAPEUTICS INC	4,156,000	$5,530	0.4%	$1.19	—	NOTE 1.500% 9/1	69366JAD3
—	BURLINGTON STORES INC	3,455,000	$5,701	0.4%	$1.39	—	NOTE 1.250%12/1	122017AD8
—	SOUTHERN CO	10,306,000	$11,448	0.8%	$1.11	—	NOTE 4.500% 6/1	842587DZ7
—	ASCENDIS PHARMA A/S	10,834,000	$15,893	1.1%	$1.10	—	NOTE 2.250% 4/0	04351PAD3
—	FLUOR CORP	4,620,000	$5,690	0.4%	$1.31	—	NOTE 1.125% 8/1	343412AJ1
—	LEMAITRE VASCULAR INC	3,500,000	$3,951	0.3%	$1.00	—	NOTE 2.500% 2/0	525558AB8
—	SUNRUN INC	2,000,000	$2,381	0.2%	$1.34	—	NOTE 4.000% 3/0	86771WAD7
—	BRUKER CORP	6,000	$1,730	0.1%	$271.80	—	6.375 PREF SER A	116794207
—	PEABODY ENGR CORP	2,216,000	$4,071	0.3%	$1.59	—	NOTE 3.250% 3/0	704551AD2
—	HALOZYME THERAPEUTICS INC	6,079,000	$7,778	0.5%	$1.10	—	NOTE 1.000% 8/1	40637HAF6
—	GREENBRIER COS INC	3,969,000	$4,578	0.3%	$0.98	—	NOTE 2.875% 4/1	393657AM3
—	HEWLETT PACKARD ENTERPRISE C	209,445	$13,578	0.9%	$57.52	—	7.625 MAND CONV	42824C208
—	GRANITE CONSTR INC	5,278,000	$8,682	0.6%	$1.37	—	NOTE 3.250% 6/1	387328AF4
NVDA	NVIDIA CORPORATION	19,923	$3,475	0.2%	$92.62	+101.5%	COM	67066G104
—	COGENT BIOSCIENCES INC	4,453,000	$5,450	0.4%	$1.17	—	NOTE 1.625%11/1	19240QAA0
LQD	ISHARES TR	183,046	$19,950	1.4%	$109.71	—	IBOXX INV CP ETF	464287242
—	SPECTRUM BRANDS INC	4,500,000	$4,486	0.3%	$0.91	—	NOTE 3.375% 6/0	84762LAZ8
GOOGL	ALPHABET INC	8,975	$2,581	0.2%	$106.43	+203.8%	CAP STK CL A	02079K305
AAPL	APPLE INC	10,656	$2,704	0.2%	$83.72	+213.9%	COM	037833100
—	IONIS PHARMACEUTICALS INC	2,340,000	$3,525	0.2%	$1.13	—	NOTE 1.750% 6/1	462222AF7
META	META PLATFORMS INC	2,148	$1,229	0.1%	$87.37	+650.4%	CL A	30303M102
AMZN	AMAZON COM INC	8,363	$1,742	0.1%	$122.53	+85.1%	COM	023135106
—	CSG SYS INTL INC	5,000,000	$6,083	0.4%	$1.03	—	NOTE 3.875% 9/1	126349AH2
SDVY	FIRST TR EXCHANGE TRADED FD	166,963	$6,583	0.5%	$36.21	—	SMID RISNG ETF	33741X102
—	OSI SYSTEMS INC	3,220,000	$4,931	0.3%	$1.45	—	NOTE 2.250% 8/0	671044AF2
—	AKAMAI TECHNOLOGIES INC	968,000	$1,121	0.1%	$1.01	—	NOTE 0.375% 9/0	00971TAL5
—	CLOUDFLARE INC	10,328,000	$12,090	0.8%	$1.00	—	NOTE 8/1	18915MAC1
HDEF	DBX ETF TR	98,006	$3,176	0.2%	$24.73	—	XTRACK MSCI EAFE	233051630
AVGO	BROADCOM INC	3,778	$1,169	0.1%	$144.17	+131.8%	COM	11135F101
—	T1 ENERGY INC	500,000	$521	0.0%	$1.27	—	NOTE 5.250%12/0	35834FAB0
TSLA	TESLA INC	1,471	$547	0.0%	$246.82	+72.6%	COM	88160R101
—	BLOCK INC	6,013,000	$5,619	0.4%	$0.85	—	NOTE 0.250%11/0	852234AK9
—	FORTUNA MNG CORP	2,500,000	$4,334	0.3%	$1.29	—	NOTE 3.750% 6/3	349915AE8
—	INNOVIVA INC	1,523,000	$1,643	0.1%	$0.83	—	NOTE 2.125% 3/1	45781MAD3
ACWX	ISHARES TR	106,750	$7,309	0.5%	$55.72	—	MSCI ACWI EX US	464288240
KKR	KKR & CO INC	2,474	$229	0.0%	$47.56	+141.3%	COM	48251W104
—	CAPITAL SOUTHWEST CORP	2,500,000	$2,548	0.2%	$0.97	—	NOTE 5.125%11/1	140501AE7
XLU	SELECT SECTOR SPDR TR	24,600	$1,129	0.1%	$45.50	—	STATE STREET UTI	81369Y886
CVX	CHEVRON CORPORATION	1,443	$299	0.0%	$79.58	+116.0%	COM	166764100
LLY	ELI LILLY & CO	506	$465	0.0%	$448.39	+133.5%	COM	532457108
JPM	JPMORGAN CHASE & CO	2,717	$799	0.1%	$37.03	+741.0%	COM	46625H100
JNJ	JOHNSON & JOHNSON	1,935	$473	0.0%	$69.14	+229.6%	COM	478160104
COST	COSTCO WHOLESALE CORPORATION	517	$515	0.0%	$119.70	+705.2%	COM	22160K105
—	SYNAPTICS INC	4,086,000	$4,221	0.3%	$1.05	—	NOTE 0.750%12/0	87157DAJ8
V	VISA INC	1,287	$389	0.0%	$79.55	+313.8%	COM CL A	92826C839
—	DRAFTKINGS INC NEW	4,597,000	$4,137	0.3%	$0.79	—	NOTE 3/1	26142RAB0
—	WINNEBAGO INDS INC	1,650,000	$1,488	0.1%	$0.94	—	NOTE 3.250% 1/1	974637AF7
—	CONMED CORP	5,500,000	$5,324	0.4%	$1.05	—	NOTE 2.250% 6/1	207410AH4
JAAA	JANUS DETROIT STR TR	214,889	$10,824	0.7%	$50.86	—	HENDRSON AAA CL	47103U845
BAC	BANK AMERICA CORP	9,049	$441	0.0%	$11.46	+368.1%	COM	060505104
WFC	WELLS FARGO & CO	4,057	$323	0.0%	$23.98	+275.5%	COM	949746101
WMT	WALMART INC	4,220	$524	0.0%	$44.12	+176.6%	COM	931142103
UNH	UNITEDHEALTH GROUP INC	901	$244	0.0%	$64.23	+380.6%	COM	91324P102
—	MARRIOTT VACATIONS WORLDWIDE	5,300,000	$5,088	0.4%	$0.92	—	NOTE 3.250%12/1	57164YAF4
—	HALOZYME THERAPEUTICS INC	1,300,000	$1,348	0.1%	$1.07	—	NOTE 0.250% 3/0	40637HAD1
BUG	GLOBAL X FDS	9,248	$232	0.0%	$33.80	—	CYBRSCURTY ETF	37954Y384
MA	MASTERCARD INCORPORATED	617	$308	0.0%	$74.60	+622.5%	CL A	57636Q104
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,535	$736	0.1%	$137.39	+259.2%	CL B NEW	084670702
ETN	EATON CORP PLC	904	$323	0.0%	$145.02	+143.8%	SHS	G29183103
—	CIPHER DIGITAL INC	87,000	$269	0.0%	$1.28	—	NOTE 1.750% 5/1	17253JAA4
RSP	INVESCO EXCHANGE TRADED FD T	49,407	$9,482	0.7%	$173.23	—	S&P500 EQL WGT	46137V357
—	STRATEGY INC	3,445	$245	0.0%	$83.98	—	SERIES A PERP PF	594972887
—	STRATEGY INC	351,000	$358	0.0%	$1.11	—	NOTE 2.250% 6/1	594972AN1
—	WORKIVA INC	523,000	$489	0.0%	$0.97	—	NOTE 1.250% 8/1	98139AAD7
BA	BOEING CO	1,458	$290	0.0%	$156.93	+52.0%	COM	097023105
IWM	ISHARES TR	20,406	$5,061	0.3%	$216.26	—	RUSSELL 2000 ETF	464287655
—	BLACKSTONE MORTGAGE TRUST IN	5,604,000	$5,548	0.4%	$0.94	—	NOTE 5.500% 3/1	09257WAE0
KO	COCA COLA CO	3,853	$293	0.0%	$28.21	+165.0%	COM	191216100
—	NIO INC	265,000	$262	0.0%	$1.05	—	NOTE 4.625%10/1	62914VAK2
AMGN	AMGEN INC	835	$294	0.0%	$88.03	+297.2%	COM	031162100
ABBV	ABBVIE INC	1,334	$290	0.0%	$32.31	+588.8%	COM	00287Y109
—	PENNYMAC CORP	1,500,000	$1,557	0.1%	$1.01	—	NOTE 8.500% 6/0	70932AAH6
UNP	UNION PAC CORP	1,100	$267	0.0%	$73.21	+232.3%	COM	907818108
—	CYTOKINETICS INC	308,000	$450	0.0%	$1.11	—	NOTE 3.500% 7/0	23282WAC4
HD	HOME DEPOT INC	775	$255	0.0%	$65.33	+477.0%	COM	437076102
—	TELADOC HEALTH INC	2,396,000	$2,286	0.2%	$0.86	—	NOTE 1.250% 6/0	87918AAF2
—	ZIFF DAVIS INC	1,650,000	$1,617	0.1%	$0.92	—	NOTE 1.750%11/0	48123VAE2
ICE	INTERCONTINENTAL EXCHANGE IN	1,721	$271	0.0%	$46.08	+258.1%	COM	45866F104
LMBS	FIRST TR EXCHANGE-TRADED FD	10,017	$499	0.0%	$49.96	—	FST LOW OPPT EFT	33739Q200
PH	PARKER-HANNIFIN CORP	333	$298	0.0%	$275.48	+247.7%	COM	701094104
IYR	ISHARES TR	7,047	$666	0.0%	$99.84	—	U.S. REAL ES ETF	464287739
—	ZIFF DAVIS INC	1,542,000	$1,511	0.1%	$0.96	—	DEBT 3.625% 3/0	48123VAH5
MCD	MCDONALDS CORP	861	$268	0.0%	$88.23	+259.6%	COM	580135101
—	NCL CORP LTD	187,000	$182	0.0%	$0.96	—	NOTE 1.125% 2/1	62886HBD2
—	DEXCOM INC	2,153,000	$1,983	0.1%	$0.95	—	NOTE 0.375% 5/1	252131AM9
PG	PROCTER & GAMBLE CO	2,618	$378	0.0%	$58.66	+158.7%	COM	742718109
—	DIGITALOCEAN HLDGS INC	248,000	$242	0.0%	$0.78	—	NOTE 12/0	25402DAB8
AGG	ISHARES TR	3,720	$369	0.0%	$111.99	—	CORE US AGGBD ET	464287226
—	JBT MAREL CORPORATION	82,000	$82	0.0%	$0.91	—	NOTE 0.250% 5/1	477839AB0
IBB	ISHARES TR	36,081	$6,092	0.4%	$168.77	—	ISHARES BIOTECH	464287556
—	SHAKE SHACK INC	297,000	$280	0.0%	$0.81	—	NOTE 3/0	819047AB7
—	AMERICAN WTR CAP CORP	233,000	$232	0.0%	$1.02	—	NOTE 3.625% 6/1	03040WBE4
SGOV	ISHARES TR	9,197	$926	0.1%	$100.70	—	0-3 MNTH TREASRY	46436E718