ANGELO GORDON & CO., L.P. Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	NOVANTA INC	661,667	$35,995	3.4%	$54.40	—	UNIT 11/01/2028	67000B203
NX	QUANEX BLDG PRODS CORP	2,054,770	$31,602	3.0%	$14.08	0.0%	COM	747619104
—	DAYFORCE INC	210,000	$14,524	1.4%	$68.83	0.0%	COM	15677J108
EXAS	EXACT SCIENCES CORP	140,000	$14,218	1.3%	$80.31	0.0%	COM	30063P105
—	CMS ENERGY CORP	9,000,000	$9,626	0.9%	$1.07	—	NOTE 3.375% 5/0	125896BX7
EA	ELECTRONIC ARTS INC	40,000	$8,173	0.8%	$201.71	0.0%	COM	285512109
WBD	WARNER BROS DISCOVERY INC	230,000	$6,629	0.6%	$23.37	0.0%	COM SER A	934423104
AL	AIR LEASE CORP	60,000	$3,854	0.4%	$63.69	0.0%	CL A	00912X302
RNA	AVIDITY BIOSCIENCES INC	45,000	$3,246	0.3%	$64.59	0.0%	COM	05370A108
CFLT	CONFLUENT INC	100,000	$3,024	0.3%	$24.55	0.0%	CLASS A COM	20717M103
—	BILL HOLDINGS INC	3,000,000	$2,755	0.3%	$0.92	—	NOTE 4/0	090043AF7
KVUE	KENVUE INC	100,000	$1,725	0.2%	$16.26	0.0%	COM	49177J102
FOLD	AMICUS THERAPEUTICS INC	100,000	$1,424	0.1%	$9.82	0.0%	COM	03152W109
CORZ	CORE SCIENTIFIC INC NEW	32,500	$473	0.0%	$17.44	0.0%	COM	21874A106

Increased Positions (18)

NVRI ENVIRI CORP 6.0%

Value ($000) $63,055 (+321.5%) Shares 3,518,688 (+198.5%) Est. Cost $12.36 Unrealized +20.5%

— BRUKER CORP 4.6%

Value ($000) $48,303 (+255.4%) Shares 133,000 (+166.0%) Est. Cost $328.83 Unrealized —

NGL NGL ENERGY PARTNERS LP 4.4%

Value ($000) $46,927 (+212.3%) Shares 4,692,696 (+87.4%) Est. Cost $7.63 Unrealized —

— ARES MANAGEMENT CORPORATION 3.2%

Value ($000) $33,708 (+207.7%) Shares 670,000 (+204.5%) Est. Cost $52.16 Unrealized —

— DUKE ENERGY CORP NEW 3.5%

Value ($000) $37,080 (+115.9%) Shares 36,000,000 (+125.0%) Est. Cost $1.05 Unrealized —

— PPL CAP FDG INC 2.6%

Value ($000) $27,986 (+226.9%) Shares 25,500,000 (+240.0%) Est. Cost $1.08 Unrealized —

— UGI CORP NEW 5.4%

Value ($000) $56,680 (+34.4%) Shares 40,000,000 (+21.2%) Est. Cost $1.38 Unrealized —

— BOFA FIN LLC 5.3%

Value ($000) $56,048 (+22.0%) Shares 51,633,000 (+10.7%) Est. Cost $1.02 Unrealized —

— APOLLO GLOBAL MGMT INC 1.8%

Value ($000) $18,830 (+77.9%) Shares 250,000 (+66.7%) Est. Cost $75.23 Unrealized —

— FRONTIER COMMUNICATIONS PARE 1.3%

Value ($000) $13,325 (+151.9%) Shares 350,000 (+147.2%) Est. Cost $37.18 Unrealized —

NSC NORFOLK SOUTHN CORP 0.8%

Value ($000) $8,807 (+501.4%) Shares 30,505 (+525.7%) Est. Cost $286.61 Unrealized +0.7%

— PG&E CORP 2.7%

Value ($000) $28,693 (+31.8%) Shares 700,000 (+27.3%) Est. Cost $46.88 Unrealized —

— CYBERARK SOFTWARE LTD 1.1%

Value ($000) $12,044 (+117.5%) Shares 27,000 (+135.6%) Est. Cost $461.80 Unrealized —

— PINNACLE WEST CAP CORP 2.4%

Value ($000) $25,086 (+26.3%) Shares 23,500,000 (+27.0%) Est. Cost $1.08 Unrealized —

— HALOZYME THERAPEUTICS INC 1.0%

Value ($000) $10,775 (+88.4%) Shares 10,000,000 (+100.0%) Est. Cost $1.11 Unrealized —

— EVERGY INC 5.2%

Value ($000) $54,765 (+9.0%) Shares 45,000,000 (+12.5%) Est. Cost $1.13 Unrealized —

GTLS CHART INDS INC 0.4%

Value ($000) $4,125 (+58.5%) Shares 20,000 (+53.8%) Est. Cost $194.45 Unrealized +4.2%

— DEXCOM INC 0.4%

Value ($000) $4,138 (+51.3%) Shares 4,500,000 (+50.0%) Est. Cost $0.93 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVRI	ENVIRI CORP	3,518,688 (+198.5%)	$63,055 (+321.5%)	6.0%	$12.36	+20.5%	COM	415864107
—	BRUKER CORP	133,000 (+166.0%)	$48,303 (+255.4%)	4.6%	$328.83	—	6.375 PREF SER A	116794207
NGL	NGL ENERGY PARTNERS LP	4,692,696 (+87.4%)	$46,927 (+212.3%)	4.4%	$7.63	—	COM UNIT REPST	62913M107
—	ARES MANAGEMENT CORPORATION	670,000 (+204.5%)	$33,708 (+207.7%)	3.2%	$52.16	—	6.75 SE B PFD	03990B309
—	DUKE ENERGY CORP NEW	36,000,000 (+125.0%)	$37,080 (+115.9%)	3.5%	$1.05	—	NOTE 4.125% 4/1	26441CBY0
—	PPL CAP FDG INC	25,500,000 (+240.0%)	$27,986 (+226.9%)	2.6%	$1.08	—	NOTE 2.875% 3/1	69352PAS2
—	UGI CORP NEW	40,000,000 (+21.2%)	$56,680 (+34.4%)	5.4%	$1.38	—	NOTE 5.000% 6/0	902681AB1
—	BOFA FIN LLC	51,633,000 (+10.7%)	$56,048 (+22.0%)	5.3%	$1.02	—	MTNF 0.600% 5/2	09709UV70
—	APOLLO GLOBAL MGMT INC	250,000 (+66.7%)	$18,830 (+77.9%)	1.8%	$75.23	—	SER A MAND CNV	03769M304
—	FRONTIER COMMUNICATIONS PARE	350,000 (+147.2%)	$13,325 (+151.9%)	1.3%	$37.18	—	COM	35909D109
NSC	NORFOLK SOUTHN CORP	30,505 (+525.7%)	$8,807 (+501.4%)	0.8%	$286.61	+0.7%	COM	655844108
—	PG&E CORP	700,000 (+27.3%)	$28,693 (+31.8%)	2.7%	$46.88	—	PFD CONV SER A	69331C306
—	CYBERARK SOFTWARE LTD	27,000 (+135.6%)	$12,044 (+117.5%)	1.1%	$461.80	—	SHS	M2682V108
—	PINNACLE WEST CAP CORP	23,500,000 (+27.0%)	$25,086 (+26.3%)	2.4%	$1.08	—	NOTE 4.750% 6/1	723484AK7
—	HALOZYME THERAPEUTICS INC	10,000,000 (+100.0%)	$10,775 (+88.4%)	1.0%	$1.11	—	NOTE 0.250% 3/0	40637HAD1
—	EVERGY INC	45,000,000 (+12.5%)	$54,765 (+9.0%)	5.2%	$1.13	—	NOTE 4.500%12/1	30034WAD8
GTLS	CHART INDS INC	20,000 (+53.8%)	$4,125 (+58.5%)	0.4%	$194.45	+4.2%	COM	16115Q308
—	DEXCOM INC	4,500,000 (+50.0%)	$4,138 (+51.3%)	0.4%	$0.93	—	NOTE 0.375% 5/1	252131AM9

Exited Positions (16)

— SOUTHERN CO 3.5%

Value ($000) $36,680 Shares 33,000,000 Est. Cost $1.10 Unrealized —

— KKR & CO INC 2.7%

Value ($000) $28,166 Shares 540,000 Est. Cost $50.54 Unrealized —

— AMERICAN WTR CAP CORP 2.2%

Value ($000) $23,533 Shares 23,500,000 Est. Cost $1.01 Unrealized —

— VERONA PHARMA PLC 1.5%

Value ($000) $15,473 Shares 145,000 Est. Cost $106.71 Unrealized —

— MARRIOTT VACATIONS WORLDWIDE 0.9%

Value ($000) $9,832 Shares 10,000,000 Est. Cost $0.98 Unrealized —

— KELLANOVA 0.9%

Value ($000) $9,158 Shares 111,652 Est. Cost $78.41 Unrealized +5.4%

DKS DICKS SPORTING GOODS INC 0.8%

Value ($000) $8,640 Shares 38,880 Est. Cost $215.56 Unrealized +0.7%

— SPIRIT AEROSYSTEMS HLDGS INC 0.7%

Value ($000) $7,720 Shares 200,000 Est. Cost $38.21 Unrealized —

— INTERPUBLIC GROUP COS INC 0.3%

Value ($000) $2,736 Shares 98,035 Est. Cost $23.79 Unrealized +9.1%

— INFORMATICA INC 0.1%

Value ($000) $1,453 Shares 58,500 Est. Cost $24.84 Unrealized —

TGNA TEGNA INC 0.1%

Value ($000) $1,321 Shares 64,999 Est. Cost $19.06 Unrealized +3.7%

CORZ CORE SCIENTIFIC INC NEW 0.1%

Value ($000) $583 Shares 32,500 Est. Cost $17.44 Unrealized 0.0%

— NABORS INDS INC 0.1%

Value ($000) $570 Shares 750,000 Est. Cost $0.76 Unrealized —

WW WW INTL INC 0.0%

Value ($000) $338 Shares 12,369 Est. Cost $34.35 Unrealized -18.6%

— SURMODICS INC 0.0%

Value ($000) $210 Shares 7,042 Est. Cost $37.49 Unrealized —

— NABORS ENERGY TRANSITION COR 0.0%

Value ($000) $14 Shares 50,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SOUTHERN CO	33,000,000	$36,680	3.5%	$1.10	—	—	842587DZ7
—	KKR & CO INC	540,000	$28,166	2.7%	$50.54	—	—	48251W500
—	AMERICAN WTR CAP CORP	23,500,000	$23,533	2.2%	$1.01	—	—	03040WBE4
—	VERONA PHARMA PLC	145,000	$15,473	1.5%	$106.71	—	—	925050106
—	MARRIOTT VACATIONS WORLDWIDE	10,000,000	$9,832	0.9%	$0.98	—	—	57164YAD9
—	KELLANOVA	111,652	$9,158	0.9%	$78.41	+5.4%	—	487836108
DKS	DICKS SPORTING GOODS INC	38,880	$8,640	0.8%	$215.56	+0.7%	—	253393102
—	SPIRIT AEROSYSTEMS HLDGS INC	200,000	$7,720	0.7%	$38.21	—	—	848574109
—	INTERPUBLIC GROUP COS INC	98,035	$2,736	0.3%	$23.79	+9.1%	—	460690100
—	INFORMATICA INC	58,500	$1,453	0.1%	$24.84	—	—	45674M101
TGNA	TEGNA INC	64,999	$1,321	0.1%	$19.06	+3.7%	—	87901J105
CORZ	CORE SCIENTIFIC INC NEW	32,500	$583	0.1%	$17.44	0.0%	CALL	21874A106
—	NABORS INDS INC	750,000	$570	0.1%	$0.76	—	—	62957HAL9
WW	WW INTL INC	12,369	$338	0.0%	$34.35	-18.6%	—	98262P200
—	SURMODICS INC	7,042	$210	0.0%	$37.49	—	—	868873100
—	NABORS ENERGY TRANSITION COR	50,000	$14	0.0%	—	—	CALL	G6363K114

Decreased Positions (4)

— ANYWHERE REAL ESTATE GROUP L 0.0%

Value ($000) $428 (-98.0%) Shares 427,000 (-98.0%) Est. Cost $0.78 Unrealized —

— ETSY INC 0.4%

Value ($000) $4,216 (-66.9%) Shares 4,727,000 (-67.3%) Est. Cost $0.82 Unrealized —

— PG&E CORP 2.4%

Value ($000) $25,690 (-15.3%) Shares 25,000,000 (-16.7%) Est. Cost $1.02 Unrealized —

TXNM TXNM ENERGY INC 0.3%

Value ($000) $2,650 (-53.5%) Shares 45,000 (-55.3%) Est. Cost $56.75 Unrealized +1.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ANYWHERE REAL ESTATE GROUP L	427,000 (-98.0%)	$428 (-98.0%)	0.0%	$0.78	—	NOTE 0.250% 6/1	75606DAP6
—	ETSY INC	4,727,000 (-67.3%)	$4,216 (-66.9%)	0.4%	$0.82	—	NOTE 0.250% 6/1	29786AAN6
—	PG&E CORP	25,000,000 (-16.7%)	$25,690 (-15.3%)	2.4%	$1.02	—	NOTE 4.250%12/0	69331CAL2
TXNM	TXNM ENERGY INC	45,000 (-55.3%)	$2,650 (-53.5%)	0.3%	$56.75	+1.7%	COM	69349H107

Unchanged Positions (25)

— ANYWHERE REAL ESTATE INC 13.0%

Value ($000) $137,253 Shares 9,692,993 Est. Cost $10.39 Unrealized —

MITT TPG MTG INVTS TR INC 1.9%

Value ($000) $19,732 Shares 2,315,966 Est. Cost $7.64 Unrealized —

— WEC ENERGY GROUP INC 3.7%

Value ($000) $39,661 Shares 34,000,000 Est. Cost $1.15 Unrealized —

— HEWLETT PACKARD ENTERPRISE C 3.6%

Value ($000) $38,036 Shares 575,000 Est. Cost $61.16 Unrealized —

— STARWOOD PPTY TR INC 4.3%

Value ($000) $45,710 Shares 44,250,000 Est. Cost $1.04 Unrealized —

— SHIFT4 PMTS INC 0.5%

Value ($000) $4,789 Shares 60,000 Est. Cost $97.94 Unrealized —

— BOX INC 1.7%

Value ($000) $17,505 Shares 18,000,000 Est. Cost $1.00 Unrealized —

— MARRIOTT VACATIONS WORLDWIDE 2.8%

Value ($000) $29,450 Shares 31,000,000 Est. Cost $0.90 Unrealized —

— HAEMONETICS CORP MASS 0.6%

Value ($000) $5,925 Shares 6,000,000 Est. Cost $0.94 Unrealized —

PAYO PAYONEER GLOBAL INC 0.0%

Value ($000) $377 Shares 83,946 Est. Cost $9.72 Unrealized -40.5%

HYAC/WS HAYMAKER ACQUISITION CORP IV 0.0%

Value ($000) $39 Shares 25,000 Est. Cost — Unrealized —

KDKRW KODIAK AI INC. 0.0%

Value ($000) $77 Shares 50,000 Est. Cost — Unrealized —

MDAIW SPECTRAL AI INC 0.0%

Value ($000) $34 Shares 74,999 Est. Cost — Unrealized —

AMODW ALPHA MODUS HLDGS INC 0.0%

Value ($000) $32 Shares 587,999 Est. Cost — Unrealized —

CNCKW COINCHECK GROUP NV 0.0%

Value ($000) $12 Shares 30,000 Est. Cost — Unrealized —

FBYDW FALCONS BEYOND GLOBAL INC 0.0%

Value ($000) $51 Shares 25,000 Est. Cost — Unrealized —

LZM/WS LIFEZONE METALS LIMITED 0.0%

Value ($000) $10 Shares 25,000 Est. Cost — Unrealized —

RDZNW ROADZEN INC 0.0%

Value ($000) $7 Shares 25,000 Est. Cost — Unrealized —

BGLWW BLUE GOLD LTD 0.0%

Value ($000) $14 Shares 33,100 Est. Cost — Unrealized —

BDMDW BAIRD MED INVT HLDGS LTD 0.0%

Value ($000) $3 Shares 50,000 Est. Cost — Unrealized —

SPWRW SUNPOWER INC 0.0%

Value ($000) $6 Shares 25,000 Est. Cost — Unrealized —

LOTWW LOTUS TECHNOLOGY INC 0.0%

Value ($000) $1 Shares 25,000 Est. Cost — Unrealized —

XBPEW XBP GLOBAL HOLDINGS INC 0.0%

Value ($000) $1 Shares 25,000 Est. Cost — Unrealized —

LANV/WS LANVIN GROUP HOLDINGS LIMITE 0.0%

Value ($000) $0 Shares 20,000 Est. Cost — Unrealized —

PIIIW P3 HEALTH PARTNERS INC 0.0%

Value ($000) $0 Shares 16,666 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ANYWHERE REAL ESTATE INC	9,692,993	$137,253	13.0%	$10.39	—	COM	75605Y106
MITT	TPG MTG INVTS TR INC	2,315,966	$19,732	1.9%	$7.64	—	COM NEW	001228501
—	WEC ENERGY GROUP INC	34,000,000	$39,661	3.7%	$1.15	—	NOTE 4.375% 6/0	92939UAR7
—	HEWLETT PACKARD ENTERPRISE C	575,000	$38,036	3.6%	$61.16	—	7.625 MAND CONV	42824C208
—	STARWOOD PPTY TR INC	44,250,000	$45,710	4.3%	$1.04	—	NOTE 6.750% 7/1	85571BBA2
—	SHIFT4 PMTS INC	60,000	$4,789	0.5%	$97.94	—	6 SER A CNV PREF	82452J307
—	BOX INC	18,000,000	$17,505	1.7%	$1.00	—	NOTE 1.500% 9/1	10316TAD6
—	MARRIOTT VACATIONS WORLDWIDE	31,000,000	$29,450	2.8%	$0.90	—	NOTE 3.250%12/1	57164YAF4
—	HAEMONETICS CORP MASS	6,000,000	$5,925	0.6%	$0.94	—	NOTE 3/0	405024AB6
PAYO	PAYONEER GLOBAL INC	83,946	$377	0.0%	$9.72	-40.5%	COM	70451X104
HYAC/WS	HAYMAKER ACQUISITION CORP IV	25,000	$39	0.0%	—	—	CALL	G4375F116
KDKRW	KODIAK AI INC.	50,000	$77	0.0%	—	—	CALL	500081112
MDAIW	SPECTRAL AI INC	74,999	$34	0.0%	—	—	CALL	84757T113
AMODW	ALPHA MODUS HLDGS INC	587,999	$32	0.0%	—	—	CALL	020952115
CNCKW	COINCHECK GROUP NV	30,000	$12	0.0%	—	—	CALL	N20967100
FBYDW	FALCONS BEYOND GLOBAL INC	25,000	$51	0.0%	—	—	CALL	306121112
LZM/WS	LIFEZONE METALS LIMITED	25,000	$10	0.0%	—	—	CALL	G5568L117
RDZNW	ROADZEN INC	25,000	$7	0.0%	—	—	CALL	G7606H116
BGLWW	BLUE GOLD LTD	33,100	$14	0.0%	—	—	CALL	G1331C112
BDMDW	BAIRD MED INVT HLDGS LTD	50,000	$3	0.0%	—	—	CALL	G0705H111
SPWRW	SUNPOWER INC	25,000	$6	0.0%	—	—	CALL	20460L112
LOTWW	LOTUS TECHNOLOGY INC	25,000	$1	0.0%	—	—	CALL	54572F119
XBPEW	XBP GLOBAL HOLDINGS INC	25,000	$1	0.0%	—	—	CALL	98400V119
LANV/WS	LANVIN GROUP HOLDINGS LIMITE	20,000	$0	0.0%	—	—	CALL	G5380J118
PIIIW	P3 HEALTH PARTNERS INC	16,666	$0	0.0%	—	—	CALL	744413113