Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	NOVANTA INC	661,667	$35.99M	3.4%	$54.40	—	UNIT 11/01/2028	67000B203
NX	QUANEX BLDG PRODS CORP	2,054,770	$31.6M	3.0%	$14.08	0.0%	COM	747619104
—	DAYFORCE INC	210,000	$14.52M	1.4%	$68.83	0.0%	COM	15677J108
EXAS	EXACT SCIENCES CORP	140,000	$14.22M	1.3%	$80.31	0.0%	COM	30063P105
—	CMS ENERGY CORP	9,000,000	$9.626M	0.9%	$1.07	—	NOTE 3.375% 5/0	125896BX7
EA	ELECTRONIC ARTS INC	40,000	$8.173M	0.8%	$201.71	0.0%	COM	285512109
WBD	WARNER BROS DISCOVERY INC	230,000	$6.629M	0.6%	$23.37	0.0%	COM SER A	934423104
AL	AIR LEASE CORP	60,000	$3.854M	0.4%	$63.69	0.0%	CL A	00912X302
RNAM	AVIDITY BIOSCIENCES INC	45,000	$3.246M	0.3%	$64.59	0.0%	COM	05370A108
CFLT	CONFLUENT INC	100,000	$3.024M	0.3%	$24.55	0.0%	CLASS A COM	20717M103
—	BILL HOLDINGS INC	3,000,000	$2.755M	0.3%	$0.92	—	NOTE 4/0	090043AF7
KVUE	KENVUE INC	100,000	$1.725M	0.2%	$16.26	0.0%	COM	49177J102
FOLD	AMICUS THERAPEUTICS INC	100,000	$1.424M	0.1%	$9.82	0.0%	COM	03152W109
CORZ	CORE SCIENTIFIC INC NEW	32,500	$473K	0.0%	$17.44	0.0%	COM	21874A106

Increased Positions (18)

NVRI ENVIRI CORP 6.0%

Value $63.05M (+321.5%) Shares 3,518,688 (+198.5%) Est. Cost $12.36 Unrealized +20.5%

— BRUKER CORP 4.6%

Value $48.3M (+255.4%) Shares 133,000 (+166.0%) Est. Cost $328.83 Unrealized —

NGL NGL ENERGY PARTNERS LP 4.4%

Value $46.93M (+212.3%) Shares 4,692,696 (+87.4%) Est. Cost $7.63 Unrealized —

— ARES MANAGEMENT CORPORATION 3.2%

Value $33.71M (+207.7%) Shares 670,000 (+204.5%) Est. Cost $52.16 Unrealized —

— DUKE ENERGY CORP NEW 3.5%

Value $37.08M (+115.9%) Shares 36,000,000 (+125.0%) Est. Cost $1.05 Unrealized —

— PPL CAP FDG INC 2.6%

Value $27.99M (+226.9%) Shares 25,500,000 (+240.0%) Est. Cost $1.08 Unrealized —

— UGI CORP NEW 5.4%

Value $56.68M (+34.4%) Shares 40,000,000 (+21.2%) Est. Cost $1.38 Unrealized —

— BOFA FIN LLC 5.3%

Value $56.05M (+22.0%) Shares 51,633,000 (+10.7%) Est. Cost $1.02 Unrealized —

— APOLLO GLOBAL MGMT INC 1.8%

Value $18.83M (+77.9%) Shares 250,000 (+66.7%) Est. Cost $75.23 Unrealized —

— FRONTIER COMMUNICATIONS PARE 1.3%

Value $13.32M (+151.9%) Shares 350,000 (+147.2%) Est. Cost $37.18 Unrealized —

NSC NORFOLK SOUTHN CORP 0.8%

Value $8.807M (+501.4%) Shares 30,505 (+525.7%) Est. Cost $286.61 Unrealized +0.7%

— PG&E CORP 2.7%

Value $28.69M (+31.8%) Shares 700,000 (+27.3%) Est. Cost $46.88 Unrealized —

— CYBERARK SOFTWARE LTD 1.1%

Value $12.04M (+117.5%) Shares 27,000 (+135.6%) Est. Cost $461.80 Unrealized —

— PINNACLE WEST CAP CORP 2.4%

Value $25.09M (+26.3%) Shares 23,500,000 (+27.0%) Est. Cost $1.08 Unrealized —

— HALOZYME THERAPEUTICS INC 1.0%

Value $10.78M (+88.4%) Shares 10,000,000 (+100.0%) Est. Cost $1.11 Unrealized —

— EVERGY INC 5.2%

Value $54.77M (+9.0%) Shares 45,000,000 (+12.5%) Est. Cost $1.13 Unrealized —

GTLS CHART INDS INC 0.4%

Value $4.125M (+58.5%) Shares 20,000 (+53.8%) Est. Cost $194.45 Unrealized +4.2%

— DEXCOM INC 0.4%

Value $4.138M (+51.3%) Shares 4,500,000 (+50.0%) Est. Cost $0.93 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVRI	ENVIRI CORP	3,518,688 (+198.5%)	$63.05M (+321.5%)	6.0%	$12.36	+20.5%	COM	415864107
—	BRUKER CORP	133,000 (+166.0%)	$48.3M (+255.4%)	4.6%	$328.83	—	6.375 PREF SER A	116794207
NGL	NGL ENERGY PARTNERS LP	4,692,696 (+87.4%)	$46.93M (+212.3%)	4.4%	$7.63	—	COM UNIT REPST	62913M107
—	ARES MANAGEMENT CORPORATION	670,000 (+204.5%)	$33.71M (+207.7%)	3.2%	$52.16	—	6.75 SE B PFD	03990B309
—	DUKE ENERGY CORP NEW	36,000,000 (+125.0%)	$37.08M (+115.9%)	3.5%	$1.05	—	NOTE 4.125% 4/1	26441CBY0
—	PPL CAP FDG INC	25,500,000 (+240.0%)	$27.99M (+226.9%)	2.6%	$1.08	—	NOTE 2.875% 3/1	69352PAS2
—	UGI CORP NEW	40,000,000 (+21.2%)	$56.68M (+34.4%)	5.4%	$1.38	—	NOTE 5.000% 6/0	902681AB1
—	BOFA FIN LLC	51,633,000 (+10.7%)	$56.05M (+22.0%)	5.3%	$1.02	—	MTNF 0.600% 5/2	09709UV70
—	APOLLO GLOBAL MGMT INC	250,000 (+66.7%)	$18.83M (+77.9%)	1.8%	$75.23	—	SER A MAND CNV	03769M304
—	FRONTIER COMMUNICATIONS PARE	350,000 (+147.2%)	$13.32M (+151.9%)	1.3%	$37.18	—	COM	35909D109
NSC	NORFOLK SOUTHN CORP	30,505 (+525.7%)	$8.807M (+501.4%)	0.8%	$286.61	+0.7%	COM	655844108
—	PG&E CORP	700,000 (+27.3%)	$28.69M (+31.8%)	2.7%	$46.88	—	PFD CONV SER A	69331C306
—	CYBERARK SOFTWARE LTD	27,000 (+135.6%)	$12.04M (+117.5%)	1.1%	$461.80	—	SHS	M2682V108
—	PINNACLE WEST CAP CORP	23,500,000 (+27.0%)	$25.09M (+26.3%)	2.4%	$1.08	—	NOTE 4.750% 6/1	723484AK7
—	HALOZYME THERAPEUTICS INC	10,000,000 (+100.0%)	$10.78M (+88.4%)	1.0%	$1.11	—	NOTE 0.250% 3/0	40637HAD1
—	EVERGY INC	45,000,000 (+12.5%)	$54.77M (+9.0%)	5.2%	$1.13	—	NOTE 4.500%12/1	30034WAD8
GTLS	CHART INDS INC	20,000 (+53.8%)	$4.125M (+58.5%)	0.4%	$194.45	+4.2%	COM	16115Q308
—	DEXCOM INC	4,500,000 (+50.0%)	$4.138M (+51.3%)	0.4%	$0.93	—	NOTE 0.375% 5/1	252131AM9

Exited Positions (16)

— SOUTHERN CO 3.5%

Value $36.68M Shares 33,000,000 Est. Cost $1.10 Unrealized —

— KKR & CO INC 2.7%

Value $28.17M Shares 540,000 Est. Cost $50.54 Unrealized —

— AMERICAN WTR CAP CORP 2.2%

Value $23.53M Shares 23,500,000 Est. Cost $1.01 Unrealized —

— VERONA PHARMA PLC 1.5%

Value $15.47M Shares 145,000 Est. Cost $106.71 Unrealized —

— MARRIOTT VACATIONS WORLDWIDE 0.9%

Value $9.832M Shares 10,000,000 Est. Cost $0.98 Unrealized —

— KELLANOVA 0.9%

Value $9.158M Shares 111,652 Est. Cost $78.41 Unrealized +5.4%

DKS DICKS SPORTING GOODS INC 0.8%

Value $8.64M Shares 38,880 Est. Cost $215.56 Unrealized +0.7%

— SPIRIT AEROSYSTEMS HLDGS INC 0.7%

Value $7.72M Shares 200,000 Est. Cost $38.21 Unrealized —

— INTERPUBLIC GROUP COS INC 0.3%

Value $2.736M Shares 98,035 Est. Cost $23.79 Unrealized +9.1%

— INFORMATICA INC 0.1%

Value $1.453M Shares 58,500 Est. Cost $24.84 Unrealized —

TGNA TEGNA INC 0.1%

Value $1.321M Shares 64,999 Est. Cost $19.06 Unrealized +3.7%

CORZ CORE SCIENTIFIC INC NEW 0.1%

Value $583K Shares 32,500 Est. Cost $17.44 Unrealized 0.0%

— NABORS INDS INC 0.1%

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

WW WW INTL INC 0.0%

Value $338K Shares 12,369 Est. Cost $34.35 Unrealized -18.6%

— SURMODICS INC 0.0%

Value $210K Shares 7,042 Est. Cost $37.49 Unrealized —

— NABORS ENERGY TRANSITION COR 0.0%

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

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SOUTHERN CO	33,000,000	$36.68M	3.5%	$1.10	—	—	842587DZ7
—	KKR & CO INC	540,000	$28.17M	2.7%	$50.54	—	—	48251W500
—	AMERICAN WTR CAP CORP	23,500,000	$23.53M	2.2%	$1.01	—	—	03040WBE4
—	VERONA PHARMA PLC	145,000	$15.47M	1.5%	$106.71	—	—	925050106
—	MARRIOTT VACATIONS WORLDWIDE	10,000,000	$9.832M	0.9%	$0.98	—	—	57164YAD9
—	KELLANOVA	111,652	$9.158M	0.9%	$78.41	+5.4%	—	487836108
DKS	DICKS SPORTING GOODS INC	38,880	$8.64M	0.8%	$215.56	+0.7%	—	253393102
—	SPIRIT AEROSYSTEMS HLDGS INC	200,000	$7.72M	0.7%	$38.21	—	—	848574109
—	INTERPUBLIC GROUP COS INC	98,035	$2.736M	0.3%	$23.79	+9.1%	—	460690100
—	INFORMATICA INC	58,500	$1.453M	0.1%	$24.84	—	—	45674M101
TGNA	TEGNA INC	64,999	$1.321M	0.1%	$19.06	+3.7%	—	87901J105
CORZ	CORE SCIENTIFIC INC NEW	32,500	$583K	0.1%	$17.44	0.0%	CALL	21874A106
—	NABORS INDS INC	750,000	$570K	0.1%	$0.76	—	—	62957HAL9
WW	WW INTL INC	12,369	$338K	0.0%	$34.35	-18.6%	—	98262P200
—	SURMODICS INC	7,042	$210K	0.0%	$37.49	—	—	868873100
—	NABORS ENERGY TRANSITION COR	50,000	$14,000	0.0%	—	—	CALL	G6363K114

Decreased Positions (4)

— ANYWHERE REAL ESTATE GROUP L 0.0%

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

— ETSY INC 0.4%

Value $4.216M (-66.9%) Shares 4,727,000 (-67.3%) Est. Cost $0.82 Unrealized —

— PG&E CORP 2.4%

Value $25.69M (-15.3%) Shares 25,000,000 (-16.7%) Est. Cost $1.02 Unrealized —

TXNM TXNM ENERGY INC 0.3%

Value $2.65M (-53.5%) Shares 45,000 (-55.3%) Est. Cost $56.75 Unrealized +1.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	ANYWHERE REAL ESTATE GROUP L	427,000 (-98.0%)	$428K (-98.0%)	0.0%	$0.78	—	NOTE 0.250% 6/1	75606DAP6
—	ETSY INC	4,727,000 (-67.3%)	$4.216M (-66.9%)	0.4%	$0.82	—	NOTE 0.250% 6/1	29786AAN6
—	PG&E CORP	25,000,000 (-16.7%)	$25.69M (-15.3%)	2.4%	$1.02	—	NOTE 4.250%12/0	69331CAL2
TXNM	TXNM ENERGY INC	45,000 (-55.3%)	$2.65M (-53.5%)	0.3%	$56.75	+1.7%	COM	69349H107

Unchanged Positions (25)

— ANYWHERE REAL ESTATE INC 13.0%

Value $137M Shares 9,692,993 Est. Cost $10.39 Unrealized —

MITT TPG MTG INVTS TR INC 1.9%

Value $19.73M Shares 2,315,966 Est. Cost $7.64 Unrealized —

— WEC ENERGY GROUP INC 3.7%

Value $39.66M Shares 34,000,000 Est. Cost $1.15 Unrealized —

— HEWLETT PACKARD ENTERPRISE C 3.6%

Value $38.04M Shares 575,000 Est. Cost $61.16 Unrealized —

— STARWOOD PPTY TR INC 4.3%

Value $45.71M Shares 44,250,000 Est. Cost $1.04 Unrealized —

— SHIFT4 PMTS INC 0.5%

Value $4.789M Shares 60,000 Est. Cost $97.94 Unrealized —

— BOX INC 1.7%

Value $17.5M Shares 18,000,000 Est. Cost $1.00 Unrealized —

— MARRIOTT VACATIONS WORLDWIDE 2.8%

Value $29.45M Shares 31,000,000 Est. Cost $0.90 Unrealized —

— HAEMONETICS CORP MASS 0.6%

Value $5.925M Shares 6,000,000 Est. Cost $0.94 Unrealized —

PAYO PAYONEER GLOBAL INC 0.0%

Value $377K Shares 83,946 Est. Cost $9.72 Unrealized -40.5%

HYAC/WS HAYMAKER ACQUISITION CORP IV 0.0%

Value $38,750 Shares 25,000 Est. Cost — Unrealized —

KDKRW KODIAK AI INC. 0.0%

Value $76,500 Shares 50,000 Est. Cost — Unrealized —

MDAIW SPECTRAL AI INC 0.0%

Value $33,750 Shares 74,999 Est. Cost — Unrealized —

AMODW ALPHA MODUS HLDGS INC 0.0%

Value $32,281 Shares 587,999 Est. Cost — Unrealized —

CNCKW COINCHECK GROUP NV 0.0%

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

FBYDW FALCONS BEYOND GLOBAL INC 0.0%

Value $50,500 Shares 25,000 Est. Cost — Unrealized —

LZM/WS LIFEZONE METALS LIMITED 0.0%

Value $10,270 Shares 25,000 Est. Cost — Unrealized —

RDZNW ROADZEN INC 0.0%

Value $6,793 Shares 25,000 Est. Cost — Unrealized —

BGLWW BLUE GOLD LTD 0.0%

Value $13,942 Shares 33,100 Est. Cost — Unrealized —

BDMDW BAIRD MED INVT HLDGS LTD 0.0%

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

SPWRW SUNPOWER INC 0.0%

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

LOTWW LOTUS TECHNOLOGY INC 0.0%

Value $1,375 Shares 25,000 Est. Cost — Unrealized —

XBPEW XBP GLOBAL HOLDINGS INC 0.0%

Value $693 Shares 25,000 Est. Cost — Unrealized —

LANV/WS LANVIN GROUP HOLDINGS LIMITE 0.0%

Value $264 Shares 20,000 Est. Cost — Unrealized —

PIIIW P3 HEALTH PARTNERS INC 0.0%

Value $167 Shares 16,666 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	ANYWHERE REAL ESTATE INC	9,692,993	$137M	13.0%	$10.39	—	COM	75605Y106
MITT	TPG MTG INVTS TR INC	2,315,966	$19.73M	1.9%	$7.64	—	COM NEW	001228501
—	WEC ENERGY GROUP INC	34,000,000	$39.66M	3.7%	$1.15	—	NOTE 4.375% 6/0	92939UAR7
—	HEWLETT PACKARD ENTERPRISE C	575,000	$38.04M	3.6%	$61.16	—	7.625 MAND CONV	42824C208
—	STARWOOD PPTY TR INC	44,250,000	$45.71M	4.3%	$1.04	—	NOTE 6.750% 7/1	85571BBA2
—	SHIFT4 PMTS INC	60,000	$4.789M	0.5%	$97.94	—	6 SER A CNV PREF	82452J307
—	BOX INC	18,000,000	$17.5M	1.7%	$1.00	—	NOTE 1.500% 9/1	10316TAD6
—	MARRIOTT VACATIONS WORLDWIDE	31,000,000	$29.45M	2.8%	$0.90	—	NOTE 3.250%12/1	57164YAF4
—	HAEMONETICS CORP MASS	6,000,000	$5.925M	0.6%	$0.94	—	NOTE 3/0	405024AB6
PAYO	PAYONEER GLOBAL INC	83,946	$377K	0.0%	$9.72	-40.5%	COM	70451X104
HYAC/WS	HAYMAKER ACQUISITION CORP IV	25,000	$38,750	0.0%	—	—	CALL	G4375F116
KDKRW	KODIAK AI INC.	50,000	$76,500	0.0%	—	—	CALL	500081112
MDAIW	SPECTRAL AI INC	74,999	$33,750	0.0%	—	—	CALL	84757T113
AMODW	ALPHA MODUS HLDGS INC	587,999	$32,281	0.0%	—	—	CALL	020952115
CNCKW	COINCHECK GROUP NV	30,000	$12,000	0.0%	—	—	CALL	N20967100
FBYDW	FALCONS BEYOND GLOBAL INC	25,000	$50,500	0.0%	—	—	CALL	306121112
LZM/WS	LIFEZONE METALS LIMITED	25,000	$10,270	0.0%	—	—	CALL	G5568L117
RDZNW	ROADZEN INC	25,000	$6,793	0.0%	—	—	CALL	G7606H116
BGLWW	BLUE GOLD LTD	33,100	$13,942	0.0%	—	—	CALL	G1331C112
BDMDW	BAIRD MED INVT HLDGS LTD	50,000	$3,000	0.0%	—	—	CALL	G0705H111
SPWRW	SUNPOWER INC	25,000	$6,000	0.0%	—	—	CALL	20460L112
LOTWW	LOTUS TECHNOLOGY INC	25,000	$1,375	0.0%	—	—	CALL	54572F119
XBPEW	XBP GLOBAL HOLDINGS INC	25,000	$693	0.0%	—	—	CALL	98400V119
LANV/WS	LANVIN GROUP HOLDINGS LIMITE	20,000	$264	0.0%	—	—	CALL	G5380J118
PIIIW	P3 HEALTH PARTNERS INC	16,666	$167	0.0%	—	—	CALL	744413113