Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CyberArk Software (Palo Alto) 0.000 15-Jun-2030	4,400	$7.328M	8.2%	$1665.45	—	—	23248VAD7
—	Alphabet C 6.250 15-May-2029 PEPS B	125,000	$6.294M	7.0%	$50.35	—	—	02079K602
—	Western Digital 3.000 15-Nov-2028	350	$5.906M	6.6%	$16874.28	—	—	958102AT2
—	Cloudflare 0.000 15-Jun-2030	2,600	$3.301M	3.7%	$1269.62	—	—	18915MAF4
—	NextEra Energy 7.375 15-Feb-2029 PEPS	62,400	$2.995M	3.3%	$48.00	—	—	65339F655
—	GDS Holdings 2.250 01-Jun-2032	1,450	$1.757M	2.0%	$1211.72	—	—	36165LAD0
—	MakeMyTrip 0.000 01-Jul-2030	400	$364K	0.4%	$910.00	—	—	56087FAD6
—	DoorDash 0.000 15-May-2030	350	$343K	0.4%	$980.00	—	—	25809KAB1

Increased Positions (17)

— Datadog 0.000 01-Dec-2029 2.8%

Value $2.525M (+2530.2%) Shares 1,780 (+1680.0%) Est. Cost $1395.03 Unrealized —

— InterDigital 3.500 01-Jun-2027 4.8%

Value $4.288M (+29.9%) Shares 1,170 (+37.6%) Est. Cost $1003.22 Unrealized —

— iRhythm Technologies 1.500 01-Sep-2029 3.3%

Value $2.978M (+44.4%) Shares 2,700 (+42.1%) Est. Cost $1247.78 Unrealized —

— Uber Technologies 0.875 01-Dec-2028 6.6%

Value $5.902M (+15.7%) Shares 4,950 (+16.5%) Est. Cost $1243.19 Unrealized —

— Alnylam Pharma 1.000 15-Sep-2027 2.1%

Value $1.909M (+49.3%) Shares 1,600 (+60.0%) Est. Cost $1253.67 Unrealized —

— Halozyme Thera 1.000 15-Aug-2028 3.5%

Value $3.11M (+19.6%) Shares 2,130 (+4.9%) Est. Cost $591.90 Unrealized —

— Nutanix 0.250 01-Oct-2027 (Exch) 2.1%

Value $1.892M (+17.4%) Shares 1,700 (+6.3%) Est. Cost $1127.82 Unrealized —

— CMS Energy 3.375 01-May-2028 5.4%

Value $4.822M (+6.1%) Shares 4,300 (+6.2%) Est. Cost $462.96 Unrealized —

MSFT Microsoft Corp 3.8%

Value $3.42M (+8.3%) Shares 9,280 (+5.5%) Est. Cost $431.19 Unrealized —

— Alibaba Group 0.500 01-Jun-2031 3.6%

Value $3.247M (-6.7%) Shares 2,740 (+7.9%) Est. Cost $1276.21 Unrealized —

— ANI Pharma 2.250 01-Sep-2029 2.0%

Value $1.816M (+13.8%) Shares 1,400 (+7.7%) Est. Cost $1232.65 Unrealized —

— Itron 1.375 15-Jul-2030 2.6%

Value $2.293M (+9.5%) Shares 2,300 (+9.5%) Est. Cost $1128.00 Unrealized —

— Oracle 6.500 15-Jan-2029 PEPS D 2.0%

Value $1.818M (+9.9%) Shares 40,400 (+9.2%) Est. Cost $44.73 Unrealized —

— Greenbrier Companies 2.375 - 2.875 up 30 - 35 15-Apr-2028 2.1%

Value $1.896M (+6.6%) Shares 1,650 (+6.5%) Est. Cost $1098.48 Unrealized —

KO Coca-Cola Co/The 1.1%

Value $959K (+13.2%) Shares 11,600 (+4.5%) Est. Cost $63.93 Unrealized —

MSCI MSCI Inc 0.7%

Value $670K (+14.5%) Shares 1,200 (+9.1%) Est. Cost $588.94 Unrealized —

— Post Holdings 2.500 15-Aug-2027 2.8%

Value $2.513M (+2.6%) Shares 2,430 (+6.6%) Est. Cost $1163.43 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Datadog 0.000 01-Dec-2029	1,780 (+1680.0%)	$2.525M (+2530.2%)	2.8%	$1395.03	—	—	23804LAD5
—	InterDigital 3.500 01-Jun-2027	1,170 (+37.6%)	$4.288M (+29.9%)	4.8%	$1003.22	—	—	45867GAD3
—	iRhythm Technologies 1.500 01-Sep-2029	2,700 (+42.1%)	$2.978M (+44.4%)	3.3%	$1247.78	—	—	450056AB2
—	Uber Technologies 0.875 01-Dec-2028	4,950 (+16.5%)	$5.902M (+15.7%)	6.6%	$1243.19	—	—	90353TAM2
—	Alnylam Pharma 1.000 15-Sep-2027	1,600 (+60.0%)	$1.909M (+49.3%)	2.1%	$1253.67	—	—	02043QAB3
—	Halozyme Thera 1.000 15-Aug-2028	2,130 (+4.9%)	$3.11M (+19.6%)	3.5%	$591.90	—	—	40637HAF6
—	Nutanix 0.250 01-Oct-2027 (Exch)	1,700 (+6.3%)	$1.892M (+17.4%)	2.1%	$1127.82	—	—	67059NAH1
—	CMS Energy 3.375 01-May-2028	4,300 (+6.2%)	$4.822M (+6.1%)	5.4%	$462.96	—	—	125896BX7
MSFT	Microsoft Corp	9,280 (+5.5%)	$3.42M (+8.3%)	3.8%	$431.19	—	—	594918104
—	Alibaba Group 0.500 01-Jun-2031	2,740 (+7.9%)	$3.247M (-6.7%)	3.6%	$1276.21	—	—	01609WBG6
—	ANI Pharma 2.250 01-Sep-2029	1,400 (+7.7%)	$1.816M (+13.8%)	2.0%	$1232.65	—	—	00182CAC7
—	Itron 1.375 15-Jul-2030	2,300 (+9.5%)	$2.293M (+9.5%)	2.6%	$1128.00	—	—	465741AQ9
—	Oracle 6.500 15-Jan-2029 PEPS D	40,400 (+9.2%)	$1.818M (+9.9%)	2.0%	$44.73	—	—	68389X204
—	Greenbrier Companies 2.375 - 2.875 up 30 - 35 15-Apr-2028	1,650 (+6.5%)	$1.896M (+6.6%)	2.1%	$1098.48	—	—	393657AM3
KO	Coca-Cola Co/The	11,600 (+4.5%)	$959K (+13.2%)	1.1%	$63.93	—	—	191216100
MSCI	MSCI Inc	1,200 (+9.1%)	$670K (+14.5%)	0.7%	$588.94	—	—	55354G100
—	Post Holdings 2.500 15-Aug-2027	2,430 (+6.6%)	$2.513M (+2.6%)	2.8%	$1163.43	—	—	737446AT1

Exited Positions (3)

— Ares Management 6.750 01-Oct-2027 PEPS B 2.8%

Value $2.479M Shares 69,000 Est. Cost $45.63 Unrealized —

— Duke Energy 4.125 04/15/26 2.2%

Value $1.967M Shares 1,800 Est. Cost $530.34 Unrealized —

— Alphatec Holdings 0.750 15-Mar-2030 0.1%

Value $122K Shares 120 Est. Cost $1016.67 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Ares Management 6.750 01-Oct-2027 PEPS B	69,000	$2.479M	2.8%	$45.63	—	—	03990B309
—	Duke Energy 4.125 04/15/26	1,800	$1.967M	2.2%	$530.34	—	—	26441CBY0
—	Alphatec Holdings 0.750 15-Mar-2030	120	$122K	0.1%	$1016.67	—	—	02081GAD4

Decreased Positions (1)

— Macom Tech 0.000 15-Dec-2029 (Exch) 5.3%

Value $4.707M (+37.3%) Shares 2,040 (-15.0%) Est. Cost $1428.33 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Macom Tech 0.000 15-Dec-2029 (Exch)	2,040 (-15.0%)	$4.707M (+37.3%)	5.3%	$1428.33	—	—	55405YAD2

Unchanged Positions (14)

— Snowflake 0.000 01-Oct-2029 4.0%

Value $3.612M Shares 2,050 Est. Cost $1215.61 Unrealized —

— Apollo Global Mgmt 6.750 31-Jul-2026 PEPS A 1.8%

Value $1.622M Shares 26,600 Est. Cost $38.20 Unrealized —

— AeroVironment 0.000 15-Jul-2030 1.6%

Value $1.399M Shares 1,500 Est. Cost $1239.33 Unrealized —

— DigitalOcean 0 - 0.5 up 40 - 45 01-Dec-2026 0.4%

Value $340K Shares 300 Est. Cost $890.00 Unrealized —

— Enphase Energy 0.000 01-Mar-2028 0.4%

Value $374K Shares 400 Est. Cost $867.50 Unrealized —

— Sarepta Therapeutics 1.250 15-Sep-2027 0.4%

Value $377K Shares 400 Est. Cost $897.50 Unrealized —

— Upstart Holdings 0 - 0.5 up 42.5 - 47.5 15-Aug-2026 0.4%

Value $347K Shares 350 Est. Cost $942.86 Unrealized —

— Snap 0 - 0.5 up 45 - 50 01-May-2027 0.6%

Value $571K Shares 600 Est. Cost $386.21 Unrealized —

— Bill.com Holdings 0 - 0.25 up 45 - 50 01-Apr-2027 0.4%

Value $387K Shares 400 Est. Cost $332.49 Unrealized —

— Etsy 0.125 01-Sep-2027 0.3%

Value $282K Shares 300 Est. Cost $876.67 Unrealized —

— Rapid7 1.250 15-Mar-2029 0.4%

Value $335K Shares 400 Est. Cost $827.50 Unrealized —

— JD.com 0.250 01-Jun-2029 0.2%

Value $177K Shares 180 Est. Cost $1032.94 Unrealized —

— Unity Software 0 - 0.25 up 47.5 - 52.5 15-Nov-2026 0.3%

Value $293K Shares 300 Est. Cost $913.33 Unrealized —

IAU Ishares Gold Trust 0.5%

Value $410K Shares 7,400 Est. Cost $55.41 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Snowflake 0.000 01-Oct-2029	2,050	$3.612M	4.0%	$1215.61	—	—	833445AD1
—	Apollo Global Mgmt 6.750 31-Jul-2026 PEPS A	26,600	$1.622M	1.8%	$38.20	—	—	03769M304
—	AeroVironment 0.000 15-Jul-2030	1,500	$1.399M	1.6%	$1239.33	—	—	008073AA6
—	DigitalOcean 0 - 0.5 up 40 - 45 01-Dec-2026	300	$340K	0.4%	$890.00	—	—	25402DAB8
—	Enphase Energy 0.000 01-Mar-2028	400	$374K	0.4%	$867.50	—	—	29355AAK3
—	Sarepta Therapeutics 1.250 15-Sep-2027	400	$377K	0.4%	$897.50	—	—	803607AD2
—	Upstart Holdings 0 - 0.5 up 42.5 - 47.5 15-Aug-2026	350	$347K	0.4%	$942.86	—	—	91680MAB3
—	Snap 0 - 0.5 up 45 - 50 01-May-2027	600	$571K	0.6%	$386.21	—	—	83304AAF3
—	Bill.com Holdings 0 - 0.25 up 45 - 50 01-Apr-2027	400	$387K	0.4%	$332.49	—	—	090043AD2
—	Etsy 0.125 01-Sep-2027	300	$282K	0.3%	$876.67	—	—	29786AAL0
—	Rapid7 1.250 15-Mar-2029	400	$335K	0.4%	$827.50	—	—	753422AH7
—	JD.com 0.250 01-Jun-2029	180	$177K	0.2%	$1032.94	—	—	47215PAJ5
—	Unity Software 0 - 0.25 up 47.5 - 52.5 15-Nov-2026	300	$293K	0.3%	$913.33	—	—	91332UAB7
IAU	Ishares Gold Trust	7,400	$410K	0.5%	$55.41	—	—	464285204