ADVENT CAPITAL MANAGEMENT /DE/ Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF Trust	860,000	$586,451	11.8%	—	—	CALL	78462F103
—	LIVE NATION ENTERTAINMEN	65,401,000	$69,739	1.4%	$1.07	—	CONV	538034BC2
—	AFFIRM HOLDINGS INC	45,578,000	$50,596	1.0%	$1.11	—	CONV	00827BAD8
—	SOUTHERN CO	916,989	$45,639	0.9%	$49.77	—	CONV PFD	842587842
—	DATADOG INC	37,409,000	$37,456	0.8%	$1.00	—	CONV	23804LAD5
—	NOVANTA INC	581,990	$31,704	0.6%	$54.48	—	CONV PFD	67000B203
CSCO	Cisco Systems Inc	400,000	$30,812	0.6%	—	—	CALL	17275R102
—	BLACKLINE INC	25,656,000	$27,149	0.5%	$1.06	—	CONV	09239BAF6
—	BILL HOLDINGS INC	26,181,000	$24,143	0.5%	$0.92	—	CONV	090043AF7
—	VARONIS SYSTEM INC	21,261,000	$19,857	0.4%	$0.93	—	CONV	922280AD4
—	RIOT PLATFORMS INC	17,193,000	$19,552	0.4%	$1.14	—	CONV	767292AB1
—	NUTANIX INC	17,518,000	$16,944	0.3%	$0.97	—	CONV	67059NAK4
—	SUNRUN INC	10,085,000	$14,461	0.3%	$1.43	—	CONV	86771WAD7
—	CLEANSPARK INC	13,301,000	$13,825	0.3%	$1.04	—	CONV	18452BAC4
—	GUIDEWIRE SOFTWARE INC	11,670,000	$12,885	0.3%	$1.10	—	CONV	40171VAC4
—	MARA HOLDINGS INC	14,435,000	$12,082	0.2%	$0.84	—	CONV	565788AH9
—	SAREPTA THERAPEUTICS INC	10,085,000	$9,033	0.2%	$0.90	—	CONV	803607AD2
—	T1 ENERGY INC	6,900,000	$8,863	0.2%	$1.28	—	CONV	35834FAB0
—	ETSY INC	8,537,000	$8,645	0.2%	$1.01	—	CONV	29786AAJ5
—	SOLARIS ENERGY INFRASTRU	7,730,000	$8,387	0.2%	$1.08	—	CONV	83419XAB4
—	UPSTART HOLDINGS INC	9,118,000	$8,002	0.2%	$0.88	—	CONV	91680MAF4
HD	Home Depot Inc/The	20,000	$6,882	0.1%	—	—	CALL	437076102
NCLH	Norwegian Cruise Line Holdings	300,000	$6,696	0.1%	—	—	CALL	G66721104
—	PAGAYA TECHNOLOGIES LTD	2,822,000	$5,196	0.1%	$1.84	—	CONV	69549FAB5
—	COGENT BIOSCIENCES INC	4,400,000	$5,182	0.1%	$1.18	—	CONV	19240QAA0
—	STRATEGY INC	4,500,000	$5,002	0.1%	$1.11	—	CONV	594972AN1
ORCL	Oracle Corp	25,000	$4,873	0.1%	—	—	CALL	68389X105
—	HALOZYME THERAPEUTICS IN	4,266,000	$4,622	0.1%	$1.08	—	CONV	40637HAD1
NOC	Northrop Grumman Corp	7,000	$3,991	0.1%	$578.81	0.0%	COM	666807102
—	PORCH GROUP INC	3,150,000	$3,596	0.1%	$1.14	—	CONV	733245AD6
—	BLOOM ENERGY CORP	832,000	$3,556	0.1%	$4.27	—	CONV	093712AM9
—	FASTLY INC	3,150,000	$3,507	0.1%	$1.11	—	CONV	31188VAD2
AKAM	Akamai Technologies Inc	40,000	$3,490	0.1%	—	—	CALL	00971T101
ABBV	AbbVie Inc	15,000	$3,427	0.1%	$227.54	0.0%	COM	00287Y109
—	PACIRA BIOSCIENCES INC	3,289,000	$3,325	0.1%	$1.01	—	CONV	695127AJ9
—	GREEN PLAINS INC	3,100,000	$3,293	0.1%	$1.06	—	CONV	393222AM6
GM	General Motors Co	40,000	$3,253	0.1%	$70.40	0.0%	COM	37045V100
CCL	Carnival Corp	100,000	$3,054	0.1%	$27.88	0.0%	COM	143658300
—	UPSTART HOLDINGS INC	2,315,000	$2,940	0.1%	$1.27	—	CONV	91680MAD9
PNC	PNC Financial Services Group I	14,000	$2,922	0.1%	$192.78	0.0%	COM	693475105
BSX	Boston Scientific Corp	30,000	$2,861	0.1%	$98.04	0.0%	COM	101137107
—	IRONWOOD PHARMACEUTICALS	3,000,000	$2,837	0.1%	$0.95	—	CONV	46333XAH1
—	LIBERTY MEDIA CORP	2,200,000	$2,807	0.1%	$1.28	—	CONV	531229AQ5
—	CYTOKINETICS INC	1,750,000	$2,495	0.1%	$1.43	—	CONV	23282WAC4
—	BURLINGTON STORES INC	1,500,000	$2,230	0.0%	$1.49	—	CONV	122017AD8
—	FLUENCE ENERGY INC	1,400,000	$1,700	0.0%	$1.21	—	CONV	34379VAB9
RIOT	Riot Platforms Inc	100,000	$1,267	0.0%	—	—	PUT	767292105
MARA	MARA Holdings Inc	100,000	$898	0.0%	—	—	CALL	565788106
ZTS	Zoetis Inc	5,600	$705	0.0%	$130.26	0.0%	COM	98978V103
UNIT	Uniti Group Inc	100,000	$701	0.0%	$6.34	0.0%	COM	912932100
APLS	Apellis Pharmaceuticals Inc	18,000	$452	0.0%	$23.46	0.0%	COM	03753U106
ESPR	Esperion Therapeutics Inc	100,000	$370	0.0%	$2.08	+55.5%	CALL	29664W105
WULF	Terawulf Inc	30,000	$345	0.0%	—	—	CALL	88080T104
—	STRATEGY INC	332,000	$273	0.0%	$0.82	—	CONV	594972AS0
—	MARA HOLDINGS INC	325,000	$265	0.0%	$0.82	—	CONV	565788AD8
OPEN	Opendoor Technologies Inc	20,000	$117	0.0%	—	—	CALL	683712103
GME/WS	GAMESTOP CORP-CLASS A	6,778	$20	0.0%	$3.01	—	COM	36467W117
OPENW	OPENDOOR TECHNOLOGIES INC	1,199	$1	0.0%	$0.90	—	COM	683712129
OPENL	OPENDOOR TECHNOLOGIES INC	1,199	$1	0.0%	$0.52	—	COM	683712137
OPENZ	OPENDOOR TECHNOLOGIES INC	1,199	$0	0.0%	$0.40	—	COM	683712145

Increased Positions (54)

— NUTANIX INC 0.9%

Value ($000) $45,633 (+12298.3%) Shares 40,522,000 (+15076.8%) Est. Cost $1.13 Unrealized —

— TYLER TECHNOLOGIES INC 1.6%

Value ($000) $79,294 (+96.1%) Shares 78,180,000 (+112.7%) Est. Cost $1.10 Unrealized —

— ITRON INC 0.6%

Value ($000) $31,008 (+269.8%) Shares 30,415,000 (+316.6%) Est. Cost $1.06 Unrealized —

— ON SEMICONDUCTOR CORP 0.7%

Value ($000) $34,218 (+156.5%) Shares 28,682,000 (+145.2%) Est. Cost $1.19 Unrealized —

— HP ENTERPRISE CO 0.7%

Value ($000) $34,924 (+90.9%) Shares 527,546 (+95.3%) Est. Cost $63.93 Unrealized —

— LIVE NATION ENTERTAINMEN 0.4%

Value ($000) $21,505 (+174.2%) Shares 14,629,000 (+201.4%) Est. Cost $1.36 Unrealized —

— NEXTERA ENERGY CAPITAL 1.6%

Value ($000) $81,583 (+18.4%) Shares 65,080,000 (+11.8%) Est. Cost $1.17 Unrealized —

— SPOTIFY USA INC 0.3%

Value ($000) $16,522 (+242.4%) Shares 14,525,000 (+312.1%) Est. Cost $1.12 Unrealized —

— KKR & CO INC 2.1%

Value ($000) $103,733 (+12.6%) Shares 1,997,547 (+12.8%) Est. Cost $50.58 Unrealized —

— WEC ENERGY GROUP INC 0.7%

Value ($000) $33,757 (+37.7%) Shares 28,784,000 (+44.3%) Est. Cost $1.16 Unrealized —

— CMS ENERGY CORP 1.9%

Value ($000) $94,278 (+10.5%) Shares 87,479,000 (+12.5%) Est. Cost $1.01 Unrealized —

— SOUTHERN CO 1.1%

Value ($000) $57,109 (+17.6%) Shares 53,292,000 (+22.3%) Est. Cost $1.10 Unrealized —

— WESTERN DIGITAL CORP 0.3%

Value ($000) $15,441 (+87.4%) Shares 3,364,000 (+31.0%) Est. Cost $2.10 Unrealized —

— CENTERPOINT ENERGY INC 1.3%

Value ($000) $65,102 (+12.4%) Shares 58,536,000 (+12.4%) Est. Cost $1.05 Unrealized —

— FRESHPET INC 0.3%

Value ($000) $16,232 (+66.3%) Shares 13,767,000 (+58.9%) Est. Cost $1.22 Unrealized —

— ARRAY TECHNOLOGIES INC 0.4%

Value ($000) $21,042 (+43.7%) Shares 23,121,000 (+37.3%) Est. Cost $0.88 Unrealized —

— INTEGER HOLDINGS CORP 0.1%

Value ($000) $6,506 (+2741.2%) Shares 5,714,000 (+3165.1%) Est. Cost $1.15 Unrealized —

— APPLIED OPTOELECTRONICS 0.2%

Value ($000) $9,075 (+222.1%) Shares 7,756,000 (+177.0%) Est. Cost $1.10 Unrealized —

— AEROVIRONMENT INC 0.4%

Value ($000) $21,552 (+37.5%) Shares 19,818,000 (+57.0%) Est. Cost $1.19 Unrealized —

— QXO INC 0.3%

Value ($000) $14,746 (+54.7%) Shares 265,400 (+52.5%) Est. Cost $57.08 Unrealized —

— ARES MANAGEMENT CORP 0.9%

Value ($000) $46,539 (+11.1%) Shares 920,473 (+9.9%) Est. Cost $54.73 Unrealized —

— UGI CORP 0.2%

Value ($000) $11,403 (+61.6%) Shares 8,009,000 (+45.4%) Est. Cost $1.38 Unrealized —

— SUPER MICRO COMPUTER INC 0.8%

Value ($000) $40,823 (+11.5%) Shares 45,147,000 (+26.1%) Est. Cost $0.96 Unrealized —

— JAZZ INVESTMENTS I LTD 0.5%

Value ($000) $25,959 (+17.8%) Shares 19,332,000 (+4.3%) Est. Cost $1.20 Unrealized —

— ADVANCED ENERGY IND 0.1%

Value ($000) $5,963 (+133.9%) Shares 3,615,000 (+97.0%) Est. Cost $1.52 Unrealized —

— IMMUNOCORE HOLDINGS 0.1%

Value ($000) $5,148 (+170.5%) Shares 5,600,000 (+166.7%) Est. Cost $0.91 Unrealized —

— MKS INC 0.1%

Value ($000) $3,645 (+654.9%) Shares 2,850,000 (+547.7%) Est. Cost $1.23 Unrealized —

— BOEING CO/THE 1.2%

Value ($000) $59,038 (+4.7%) Shares 849,161 (+3.6%) Est. Cost $62.08 Unrealized —

— WORKIVA INC 0.3%

Value ($000) $15,270 (+19.6%) Shares 13,072,000 (+21.7%) Est. Cost $1.10 Unrealized —

— TRIP.COM GROUP LTD 0.5%

Value ($000) $24,632 (+10.6%) Shares 19,947,000 (+14.6%) Est. Cost $1.14 Unrealized —

— SEAGATE HDD CAYMAN 0.1%

Value ($000) $4,725 (+72.6%) Shares 1,400,000 (+47.4%) Est. Cost $2.00 Unrealized —

— PG&E CORP 0.4%

Value ($000) $19,157 (+11.4%) Shares 466,504 (+6.6%) Est. Cost $48.08 Unrealized —

— STRATEGY INC 0.1%

Value ($000) $7,343 (+35.5%) Shares 7,094,000 (+106.0%) Est. Cost $1.33 Unrealized —

— EVOLENT HEALTH INC 0.3%

Value ($000) $12,775 (-11.4%) Shares 17,588,000 (+22.5%) Est. Cost $0.95 Unrealized —

— PELOTON INTERACTIVE INC 0.1%

Value ($000) $6,655 (-17.0%) Shares 3,980,000 (+11.2%) Est. Cost $1.82 Unrealized —

— GOSSAMER BIO INC 0.1%

Value ($000) $4,102 (+47.7%) Shares 6,000,000 (+50.0%) Est. Cost $0.66 Unrealized —

AVGO Broadcom Inc 0.1%

Value ($000) $2,769 (+67.9%) Shares 8,000 (+60.0%) Est. Cost $265.01 Unrealized +34.7%

— ENPHASE ENERGY INC 0.5%

Value ($000) $23,057 (+5.1%) Shares 26,389,000 (+4.5%) Est. Cost $0.95 Unrealized —

— CERENCE INC 0.1%

Value ($000) $5,599 (+22.0%) Shares 6,200,000 (+12.7%) Est. Cost $0.80 Unrealized —

VRT Vertiv Holdings Co 0.1%

Value ($000) $3,240 (+43.2%) Shares 20,000 (+33.3%) Est. Cost $143.38 Unrealized +21.1%

— MIRUM PHARMACEUTICALS 0.1%

Value ($000) $3,566 (+37.7%) Shares 1,376,000 (+27.9%) Est. Cost $1.62 Unrealized —

— AMPHASTAR PHARMACEUTICAL 0.1%

Value ($000) $3,812 (+30.2%) Shares 4,086,000 (+27.2%) Est. Cost $0.90 Unrealized —

BTDR Bitdeer Technologies Group 0.0%

Value ($000) $1,177 (+244.4%) Shares 105,000 (+425.0%) Est. Cost — Unrealized —

— SHIFT4 PAYMENTS INC 0.5%

Value ($000) $25,853 (-2.4%) Shares 323,380 (+13.9%) Est. Cost $103.08 Unrealized —

— COINBASE GLOBAL INC 0.1%

Value ($000) $4,469 (-10.7%) Shares 4,350,000 (+9.4%) Est. Cost $0.93 Unrealized —

ETN Eaton Corp PLC 0.1%

Value ($000) $4,141 (+10.6%) Shares 13,000 (+30.0%) Est. Cost $348.59 Unrealized +1.7%

SOFI SoFi Technologies Inc 0.0%

Value ($000) $1,178 (+48.6%) Shares 45,000 (+50.0%) Est. Cost — Unrealized —

— NORTHERN OIL & GAS INC 0.6%

Value ($000) $29,070 (-1.3%) Shares 29,815,000 (+1.8%) Est. Cost $1.05 Unrealized —

RCL Royal Caribbean Cruises Ltd 0.1%

Value ($000) $2,510 (+10.8%) Shares 9,000 (+28.6%) Est. Cost $320.81 Unrealized -12.2%

— UBER TECHNOLOGIES INC 3.7%

Value ($000) $184,945 (+0.1%) Shares 142,238,000 (+13.4%) Est. Cost $1.14 Unrealized —

— STRATEGY INC 0.2%

Value ($000) $8,360 (-1.9%) Shares 105,738 (+13.4%) Est. Cost $88.47 Unrealized —

ESPR Esperion Therapeutics Inc 0.0%

Value ($000) $333 (+57.1%) Shares 90,000 (+12.5%) Est. Cost $2.08 Unrealized +55.5%

— FIRSTENERGY CORP 0.1%

Value ($000) $5,827 (+2.0%) Shares 5,660,000 (+3.0%) Est. Cost $1.01 Unrealized —

— NCL CORPORATION LTD 0.2%

Value ($000) $10,344 (+0.5%) Shares 10,300,000 (+2.7%) Est. Cost $0.84 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	NUTANIX INC	40,522,000 (+15076.8%)	$45,633 (+12298.3%)	0.9%	$1.13	—	CONV	67059NAH1
—	TYLER TECHNOLOGIES INC	78,180,000 (+112.7%)	$79,294 (+96.1%)	1.6%	$1.10	—	CONV	902252AB1
—	ITRON INC	30,415,000 (+316.6%)	$31,008 (+269.8%)	0.6%	$1.06	—	CONV	465741AQ9
—	ON SEMICONDUCTOR CORP	28,682,000 (+145.2%)	$34,218 (+156.5%)	0.7%	$1.19	—	CONV	682189AS4
—	HP ENTERPRISE CO	527,546 (+95.3%)	$34,924 (+90.9%)	0.7%	$63.93	—	CONV PFD	42824C208
—	LIVE NATION ENTERTAINMEN	14,629,000 (+201.4%)	$21,505 (+174.2%)	0.4%	$1.36	—	CONV	538034BA6
—	NEXTERA ENERGY CAPITAL	65,080,000 (+11.8%)	$81,583 (+18.4%)	1.6%	$1.17	—	CONV	65339KCY4
—	SPOTIFY USA INC	14,525,000 (+312.1%)	$16,522 (+242.4%)	0.3%	$1.12	—	CONV	84921RAB6
—	KKR & CO INC	1,997,547 (+12.8%)	$103,733 (+12.6%)	2.1%	$50.58	—	CONV PFD	48251W500
—	WEC ENERGY GROUP INC	28,784,000 (+44.3%)	$33,757 (+37.7%)	0.7%	$1.16	—	CONV	92939UAR7
—	CMS ENERGY CORP	87,479,000 (+12.5%)	$94,278 (+10.5%)	1.9%	$1.01	—	CONV	125896BX7
—	SOUTHERN CO	53,292,000 (+22.3%)	$57,109 (+17.6%)	1.1%	$1.10	—	CONV	842587DZ7
—	WESTERN DIGITAL CORP	3,364,000 (+31.0%)	$15,441 (+87.4%)	0.3%	$2.10	—	CONV	958102AT2
—	CENTERPOINT ENERGY INC	58,536,000 (+12.4%)	$65,102 (+12.4%)	1.3%	$1.05	—	CONV	15189TBD8
—	FRESHPET INC	13,767,000 (+58.9%)	$16,232 (+66.3%)	0.3%	$1.22	—	CONV	358039AB1
—	ARRAY TECHNOLOGIES INC	23,121,000 (+37.3%)	$21,042 (+43.7%)	0.4%	$0.88	—	CONV	04271TAB6
—	INTEGER HOLDINGS CORP	5,714,000 (+3165.1%)	$6,506 (+2741.2%)	0.1%	$1.15	—	CONV	45826HAB5
—	APPLIED OPTOELECTRONICS	7,756,000 (+177.0%)	$9,075 (+222.1%)	0.2%	$1.10	—	CONV	03823UAE2
—	AEROVIRONMENT INC	19,818,000 (+57.0%)	$21,552 (+37.5%)	0.4%	$1.19	—	CONV	008073AA6
—	QXO INC	265,400 (+52.5%)	$14,746 (+54.7%)	0.3%	$57.08	—	CONV PFD	82846H504
—	ARES MANAGEMENT CORP	920,473 (+9.9%)	$46,539 (+11.1%)	0.9%	$54.73	—	CONV PFD	03990B309
—	UGI CORP	8,009,000 (+45.4%)	$11,403 (+61.6%)	0.2%	$1.38	—	CONV	902681AB1
—	SUPER MICRO COMPUTER INC	45,147,000 (+26.1%)	$40,823 (+11.5%)	0.8%	$0.96	—	CONV	86800UAB0
—	JAZZ INVESTMENTS I LTD	19,332,000 (+4.3%)	$25,959 (+17.8%)	0.5%	$1.20	—	CONV	472145AH4
—	ADVANCED ENERGY IND	3,615,000 (+97.0%)	$5,963 (+133.9%)	0.1%	$1.52	—	CONV	007973AE0
—	IMMUNOCORE HOLDINGS	5,600,000 (+166.7%)	$5,148 (+170.5%)	0.1%	$0.91	—	CONV	45258DAB1
—	MKS INC	2,850,000 (+547.7%)	$3,645 (+654.9%)	0.1%	$1.23	—	CONV	55306NAB0
—	BOEING CO/THE	849,161 (+3.6%)	$59,038 (+4.7%)	1.2%	$62.08	—	CONV PFD	097023204
—	WORKIVA INC	13,072,000 (+21.7%)	$15,270 (+19.6%)	0.3%	$1.10	—	CONV	98139AAB1
—	TRIP.COM GROUP LTD	19,947,000 (+14.6%)	$24,632 (+10.6%)	0.5%	$1.14	—	CONV	89677QAB3
—	SEAGATE HDD CAYMAN	1,400,000 (+47.4%)	$4,725 (+72.6%)	0.1%	$2.00	—	CONV	81180WBL4
—	PG&E CORP	466,504 (+6.6%)	$19,157 (+11.4%)	0.4%	$48.08	—	CONV PFD	69331C306
—	STRATEGY INC	7,094,000 (+106.0%)	$7,343 (+35.5%)	0.1%	$1.33	—	CONV	594972AL5
—	EVOLENT HEALTH INC	17,588,000 (+22.5%)	$12,775 (-11.4%)	0.3%	$0.95	—	CONV	30050BAJ0
—	PELOTON INTERACTIVE INC	3,980,000 (+11.2%)	$6,655 (-17.0%)	0.1%	$1.82	—	CONV	70614WAD2
—	GOSSAMER BIO INC	6,000,000 (+50.0%)	$4,102 (+47.7%)	0.1%	$0.66	—	CONV	38341PAA0
AVGO	Broadcom Inc	8,000 (+60.0%)	$2,769 (+67.9%)	0.1%	$265.01	+34.7%	COM	11135F101
—	ENPHASE ENERGY INC	26,389,000 (+4.5%)	$23,057 (+5.1%)	0.5%	$0.95	—	CONV	29355AAK3
—	CERENCE INC	6,200,000 (+12.7%)	$5,599 (+22.0%)	0.1%	$0.80	—	CONV	156727AD1
VRT	Vertiv Holdings Co	20,000 (+33.3%)	$3,240 (+43.2%)	0.1%	$143.38	+21.1%	COM	92537N108
—	MIRUM PHARMACEUTICALS	1,376,000 (+27.9%)	$3,566 (+37.7%)	0.1%	$1.62	—	CONV	604749AB7
—	AMPHASTAR PHARMACEUTICAL	4,086,000 (+27.2%)	$3,812 (+30.2%)	0.1%	$0.90	—	CONV	03209RAB9
BTDR	Bitdeer Technologies Group	105,000 (+425.0%)	$1,177 (+244.4%)	0.0%	—	—	CALL	G11448100
—	SHIFT4 PAYMENTS INC	323,380 (+13.9%)	$25,853 (-2.4%)	0.5%	$103.08	—	CONV PFD	82452J307
—	COINBASE GLOBAL INC	4,350,000 (+9.4%)	$4,469 (-10.7%)	0.1%	$0.93	—	CONV	19260QAF4
ETN	Eaton Corp PLC	13,000 (+30.0%)	$4,141 (+10.6%)	0.1%	$348.59	+1.7%	COM	G29183103
SOFI	SoFi Technologies Inc	45,000 (+50.0%)	$1,178 (+48.6%)	0.0%	—	—	CALL	83406F102
—	NORTHERN OIL & GAS INC	29,815,000 (+1.8%)	$29,070 (-1.3%)	0.6%	$1.05	—	CONV	665531AJ8
RCL	Royal Caribbean Cruises Ltd	9,000 (+28.6%)	$2,510 (+10.8%)	0.1%	$320.81	-12.2%	COM	V7780T103
—	UBER TECHNOLOGIES INC	142,238,000 (+13.4%)	$184,945 (+0.1%)	3.7%	$1.14	—	CONV	90353TAM2
—	STRATEGY INC	105,738 (+13.4%)	$8,360 (-1.9%)	0.2%	$88.47	—	CONV PFD	594972887
ESPR	Esperion Therapeutics Inc	90,000 (+12.5%)	$333 (+57.1%)	0.0%	$2.08	+55.5%	COM	29664W105
—	FIRSTENERGY CORP	5,660,000 (+3.0%)	$5,827 (+2.0%)	0.1%	$1.01	—	CONV	337932AR8
—	NCL CORPORATION LTD	10,300,000 (+2.7%)	$10,344 (+0.5%)	0.2%	$0.84	—	CONV	62886HBD2

Exited Positions (56)

SPY SPDR S&P 500 ETF Trust 2.1%

Value ($000) $105,256 Shares 158,000 Est. Cost — Unrealized —

— AIRBNB INC 0.8%

Value ($000) $39,512 Shares 40,318,000 Est. Cost $0.94 Unrealized —

— UBER TECHNOLOGIES INC 0.4%

Value ($000) $18,723 Shares 15,340,000 Est. Cost $1.04 Unrealized —

— SHOPIFY INC 0.3%

Value ($000) $17,063 Shares 16,204,000 Est. Cost $1.03 Unrealized —

— ALARM.COM HLDGS INC 0.3%

Value ($000) $16,901 Shares 17,578,000 Est. Cost $0.97 Unrealized —

— MICROCHIP TECHNOLOGY INC 0.3%

Value ($000) $14,386 Shares 14,800,000 Est. Cost $0.99 Unrealized —

— PAGERDUTY INC. 0.3%

Value ($000) $13,211 Shares 13,453,000 Est. Cost $0.98 Unrealized —

— CABLE ONE INC 0.2%

Value ($000) $11,645 Shares 11,925,000 Est. Cost $0.86 Unrealized —

— NEW MOUNTAIN FINANCE COR 0.2%

Value ($000) $10,558 Shares 10,547,000 Est. Cost $1.02 Unrealized —

— AMERICAN WATER CAPITAL C 0.2%

Value ($000) $10,453 Shares 10,425,000 Est. Cost $1.03 Unrealized —

— LUMENTUM HOLDINGS INC 0.2%

Value ($000) $7,908 Shares 5,669,000 Est. Cost $0.92 Unrealized —

— JETBLUE AIRWAYS CORP 0.1%

Value ($000) $6,402 Shares 6,171,000 Est. Cost $1.04 Unrealized —

JD JD.com Inc 0.1%

Value ($000) $5,247 Shares 150,000 Est. Cost — Unrealized —

— FIRST MAJESTIC SILVER 0.1%

Value ($000) $4,895 Shares 4,510,000 Est. Cost $1.03 Unrealized —

— SHIFT4 PAYMENTS INC 0.1%

Value ($000) $4,700 Shares 4,570,000 Est. Cost $1.13 Unrealized —

AMGN Amgen Inc 0.1%

Value ($000) $4,515 Shares 16,000 Est. Cost $278.32 Unrealized +13.5%

— XOMETRY INC 0.1%

Value ($000) $4,366 Shares 3,615,000 Est. Cost $0.93 Unrealized —

FANG Diamondback Energy Inc 0.1%

Value ($000) $4,293 Shares 30,000 Est. Cost $167.88 Unrealized -12.4%

AMZN Amazon.com Inc 0.1%

Value ($000) $3,952 Shares 18,000 Est. Cost $210.54 Unrealized +8.7%

— Q2 HOLDINGS INC 0.1%

Value ($000) $3,680 Shares 3,712,000 Est. Cost $0.94 Unrealized —

— DROPBOX INC 0.1%

Value ($000) $3,588 Shares 3,468,000 Est. Cost $0.95 Unrealized —

SPOT Spotify Technology SA 0.1%

Value ($000) $3,490 Shares 5,000 Est. Cost $699.24 Unrealized -10.6%

GME GameStop Corp 0.1%

Value ($000) $3,410 Shares 125,000 Est. Cost — Unrealized —

— EXACT SCIENCES CORP 0.1%

Value ($000) $3,385 Shares 3,655,000 Est. Cost $0.94 Unrealized —

BMY Bristol-Myers Squibb Co 0.1%

Value ($000) $3,383 Shares 75,000 Est. Cost $45.51 Unrealized +4.4%

MDT Medtronic PLC 0.1%

Value ($000) $3,333 Shares 35,000 Est. Cost $91.27 Unrealized +6.4%

— CHEESECAKE FACTORY (THE) 0.1%

Value ($000) $3,176 Shares 3,185,000 Est. Cost $1.00 Unrealized —

DAL Delta Air Lines Inc 0.1%

Value ($000) $2,838 Shares 50,000 Est. Cost $56.83 Unrealized +9.9%

T AT&T Inc 0.1%

Value ($000) $2,824 Shares 100,000 Est. Cost $26.96 Unrealized -6.2%

CIM Chimera Investment Corp 0.1%

Value ($000) $2,644 Shares 200,000 Est. Cost — Unrealized —

CMI Cummins Inc 0.1%

Value ($000) $2,534 Shares 6,000 Est. Cost $380.68 Unrealized +22.5%

— GREEN PLAINS INC 0.1%

Value ($000) $2,521 Shares 2,625,000 Est. Cost $0.96 Unrealized —

MGM MGM Resorts International 0.0%

Value ($000) $2,426 Shares 70,000 Est. Cost $31.71 Unrealized +7.0%

— SOUTHERN CO 0.0%

Value ($000) $2,197 Shares 1,950,000 Est. Cost $1.03 Unrealized —

CIFR Cipher Mining Inc 0.0%

Value ($000) $2,014 Shares 160,000 Est. Cost — Unrealized —

— H WORLD GROUP LTD 0.0%

Value ($000) $1,967 Shares 1,772,000 Est. Cost $1.12 Unrealized —

AGNC AGNC Investment Corp 0.0%

Value ($000) $1,910 Shares 195,100 Est. Cost — Unrealized —

CRWV CoreWeave Inc 0.0%

Value ($000) $1,711 Shares 12,500 Est. Cost — Unrealized —

BTDR Bitdeer Technologies Group 0.0%

Value ($000) $1,709 Shares 100,000 Est. Cost — Unrealized —

— VIAVI SOLUTIONS INC 0.0%

Value ($000) $1,548 Shares 1,469,000 Est. Cost $1.02 Unrealized —

— BILL HOLDINGS INC 0.0%

Value ($000) $1,525 Shares 1,550,000 Est. Cost $1.01 Unrealized —

LYFT Lyft Inc 0.0%

Value ($000) $1,211 Shares 55,000 Est. Cost — Unrealized —

REAL RealReal Inc/The 0.0%

Value ($000) $1,063 Shares 100,000 Est. Cost — Unrealized —

BE Bloom Energy Corp 0.0%

Value ($000) $846 Shares 10,000 Est. Cost — Unrealized —

— ENVISTA HOLDINGS CORP 0.0%

Value ($000) $812 Shares 859,000 Est. Cost $0.91 Unrealized —

DFDV DeFi Development Corp 0.0%

Value ($000) $766 Shares 50,000 Est. Cost $18.28 Unrealized -47.9%

— WAYFAIR INC 0.0%

Value ($000) $562 Shares 368,000 Est. Cost $1.21 Unrealized —

RIOT Riot Platforms Inc 0.0%

Value ($000) $542 Shares 28,500 Est. Cost — Unrealized —

GOSS Gossamer Bio Inc 0.0%

Value ($000) $526 Shares 200,000 Est. Cost — Unrealized —

RDW Redwire Corp 0.0%

Value ($000) $494 Shares 55,000 Est. Cost — Unrealized —

HUBS HubSpot Inc 0.0%

Value ($000) $468 Shares 1,000 Est. Cost $503.08 Unrealized -17.7%

— EQUINOX GOLD CORP 0.0%

Value ($000) $288 Shares 150,000 Est. Cost $1.92 Unrealized —

GGAL Grupo Financiero Galicia SA 0.0%

Value ($000) $276 Shares 10,000 Est. Cost — Unrealized —

BBAI BigBear.ai Holdings Inc 0.0%

Value ($000) $261 Shares 40,000 Est. Cost $6.40 Unrealized +2.1%

PLUG Plug Power Inc 0.0%

Value ($000) $233 Shares 100,000 Est. Cost — Unrealized —

AUR Aurora Innovation Inc 0.0%

Value ($000) $108 Shares 20,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF Trust	158,000	$105,256	2.1%	—	—	PUT	78462F103
—	AIRBNB INC	40,318,000	$39,512	0.8%	$0.94	—	—	009066AB7
—	UBER TECHNOLOGIES INC	15,340,000	$18,723	0.4%	$1.04	—	—	90353TAJ9
—	SHOPIFY INC	16,204,000	$17,063	0.3%	$1.03	—	—	82509LAA5
—	ALARM.COM HLDGS INC	17,578,000	$16,901	0.3%	$0.97	—	—	011642AD7
—	MICROCHIP TECHNOLOGY INC	14,800,000	$14,386	0.3%	$0.99	—	—	595017BG8
—	PAGERDUTY INC.	13,453,000	$13,211	0.3%	$0.98	—	—	69553PAD2
—	CABLE ONE INC	11,925,000	$11,645	0.2%	$0.86	—	—	12685JAE5
—	NEW MOUNTAIN FINANCE COR	10,547,000	$10,558	0.2%	$1.02	—	—	647551AE0
—	AMERICAN WATER CAPITAL C	10,425,000	$10,453	0.2%	$1.03	—	—	03040WBE4
—	LUMENTUM HOLDINGS INC	5,669,000	$7,908	0.2%	$0.92	—	—	55024UAF6
—	JETBLUE AIRWAYS CORP	6,171,000	$6,402	0.1%	$1.04	—	—	477143AR2
JD	JD.com Inc	150,000	$5,247	0.1%	—	—	CALL	47215P106
—	FIRST MAJESTIC SILVER	4,510,000	$4,895	0.1%	$1.03	—	—	32076VAD5
—	SHIFT4 PAYMENTS INC	4,570,000	$4,700	0.1%	$1.13	—	—	82452JAB5
AMGN	Amgen Inc	16,000	$4,515	0.1%	$278.32	+13.5%	—	031162100
—	XOMETRY INC	3,615,000	$4,366	0.1%	$0.93	—	—	98423FAB5
FANG	Diamondback Energy Inc	30,000	$4,293	0.1%	$167.88	-12.4%	—	25278X109
AMZN	Amazon.com Inc	18,000	$3,952	0.1%	$210.54	+8.7%	—	023135106
—	Q2 HOLDINGS INC	3,712,000	$3,680	0.1%	$0.94	—	—	74736LAF6
—	DROPBOX INC	3,468,000	$3,588	0.1%	$0.95	—	—	26210CAD6
SPOT	Spotify Technology SA	5,000	$3,490	0.1%	$699.24	-10.6%	—	L8681T102
GME	GameStop Corp	125,000	$3,410	0.1%	—	—	CALL	36467W109
—	EXACT SCIENCES CORP	3,655,000	$3,385	0.1%	$0.94	—	—	30063PAC9
BMY	Bristol-Myers Squibb Co	75,000	$3,383	0.1%	$45.51	+4.4%	—	110122108
MDT	Medtronic PLC	35,000	$3,333	0.1%	$91.27	+6.4%	—	G5960L103
—	CHEESECAKE FACTORY (THE)	3,185,000	$3,176	0.1%	$1.00	—	—	163072AA9
DAL	Delta Air Lines Inc	50,000	$2,838	0.1%	$56.83	+9.9%	—	247361702
T	AT&T Inc	100,000	$2,824	0.1%	$26.96	-6.2%	—	00206R102
CIM	Chimera Investment Corp	200,000	$2,644	0.1%	—	—	CALL	16934Q802
CMI	Cummins Inc	6,000	$2,534	0.1%	$380.68	+22.5%	—	231021106
—	GREEN PLAINS INC	2,625,000	$2,521	0.1%	$0.96	—	—	393222AK0
MGM	MGM Resorts International	70,000	$2,426	0.0%	$31.71	+7.0%	—	552953101
—	SOUTHERN CO	1,950,000	$2,197	0.0%	$1.03	—	—	842587DP9
CIFR	Cipher Mining Inc	160,000	$2,014	0.0%	—	—	CALL	17253J106
—	H WORLD GROUP LTD	1,772,000	$1,967	0.0%	$1.12	—	—	44332NAB2
AGNC	AGNC Investment Corp	195,100	$1,910	0.0%	—	—	CALL	00123Q104
CRWV	CoreWeave Inc	12,500	$1,711	0.0%	—	—	CALL	21873S108
BTDR	Bitdeer Technologies Group	100,000	$1,709	0.0%	—	—	PUT	G11448100
—	VIAVI SOLUTIONS INC	1,469,000	$1,548	0.0%	$1.02	—	—	925550AH8
—	BILL HOLDINGS INC	1,550,000	$1,525	0.0%	$1.01	—	—	090043AB6
LYFT	Lyft Inc	55,000	$1,211	0.0%	—	—	CALL	55087P104
REAL	RealReal Inc/The	100,000	$1,063	0.0%	—	—	CALL	88339P101
BE	Bloom Energy Corp	10,000	$846	0.0%	—	—	CALL	093712107
—	ENVISTA HOLDINGS CORP	859,000	$812	0.0%	$0.91	—	—	29415FAD6
DFDV	DeFi Development Corp	50,000	$766	0.0%	$18.28	-47.9%	—	47100L301
—	WAYFAIR INC	368,000	$562	0.0%	$1.21	—	—	94419LAP6
RIOT	Riot Platforms Inc	28,500	$542	0.0%	—	—	CALL	767292105
GOSS	Gossamer Bio Inc	200,000	$526	0.0%	—	—	CALL	38341P102
RDW	Redwire Corp	55,000	$494	0.0%	—	—	CALL	75776W103
HUBS	HubSpot Inc	1,000	$468	0.0%	$503.08	-17.7%	—	443573100
—	EQUINOX GOLD CORP	150,000	$288	0.0%	$1.92	—	—	29446YAC0
GGAL	Grupo Financiero Galicia SA	10,000	$276	0.0%	—	—	CALL	399909100
BBAI	BigBear.ai Holdings Inc	40,000	$261	0.0%	$6.40	+2.1%	—	08975B109
PLUG	Plug Power Inc	100,000	$233	0.0%	—	—	CALL	72919P202
AUR	Aurora Innovation Inc	20,000	$108	0.0%	—	—	CALL	051774107

Decreased Positions (81)

— EXPEDIA GROUP INC 0.5%

Value ($000) $25,790 (-61.7%) Shares 23,068,000 (-65.4%) Est. Cost $1.06 Unrealized —

— CONFLUENT INC 0.0%

Value ($000) $277 (-99.3%) Shares 285,000 (-99.3%) Est. Cost $0.83 Unrealized —

— PENN ENTERTAINMENT INC 0.0%

Value ($000) $868 (-97.8%) Shares 872,000 (-97.7%) Est. Cost $1.33 Unrealized —

— SHIFT4 PAYMENTS INC 0.5%

Value ($000) $25,051 (-57.8%) Shares 25,944,000 (-56.9%) Est. Cost $1.01 Unrealized —

— VENTAS REALTY LP 2.1%

Value ($000) $104,301 (-21.6%) Shares 73,569,000 (-28.5%) Est. Cost $1.10 Unrealized —

— RIVIAN AUTO INC 0.1%

Value ($000) $7,279 (-79.6%) Shares 6,433,000 (-83.4%) Est. Cost $0.92 Unrealized —

— DUKE ENERGY CORP 1.5%

Value ($000) $74,447 (-26.2%) Shares 71,579,000 (-23.8%) Est. Cost $1.03 Unrealized —

— BANK OF AMERICA CORP 4.0%

Value ($000) $196,973 (-11.8%) Shares 157,311 (-10.9%) Est. Cost $1371.64 Unrealized —

— ITRON INC 0.1%

Value ($000) $4,470 (-85.2%) Shares 4,508,000 (-84.2%) Est. Cost $0.98 Unrealized —

— WELLS FARGO & COMPANY 3.9%

Value ($000) $191,804 (-11.1%) Shares 157,600 (-10.0%) Est. Cost $1303.53 Unrealized —

— COINBASE GLOBAL INC 0.3%

Value ($000) $16,976 (-57.1%) Shares 16,969,000 (-52.3%) Est. Cost $0.91 Unrealized —

— BENTLEY SYSTEMS INC 0.1%

Value ($000) $3,736 (-85.5%) Shares 3,741,000 (-85.6%) Est. Cost $0.98 Unrealized —

— ALIBABA GROUP HOLDING 0.3%

Value ($000) $15,065 (-57.9%) Shares 9,682,000 (-50.3%) Est. Cost $1.28 Unrealized —

— GLOBAL PAYMENTS INC 2.2%

Value ($000) $108,379 (-16.0%) Shares 119,816,000 (-14.7%) Est. Cost $0.95 Unrealized —

— PROGRESS SOFTWARE CORP 0.9%

Value ($000) $44,843 (-31.2%) Shares 43,706,000 (-32.4%) Est. Cost $1.01 Unrealized —

— FIVE9 INC 0.5%

Value ($000) $25,119 (-43.8%) Shares 27,741,000 (-44.9%) Est. Cost $0.87 Unrealized —

— SHAKE SHACK INC 0.1%

Value ($000) $6,783 (-73.0%) Shares 7,159,000 (-72.8%) Est. Cost $0.93 Unrealized —

— JAZZ INVESTMENTS I LTD 0.1%

Value ($000) $3,350 (-82.4%) Shares 2,886,000 (-83.9%) Est. Cost $1.04 Unrealized —

— DRAFTKINGS HOLDINGS INC 0.9%

Value ($000) $44,888 (-25.1%) Shares 49,037,000 (-26.4%) Est. Cost $0.75 Unrealized —

— DEXCOM INC 0.4%

Value ($000) $20,563 (-40.8%) Shares 22,321,000 (-41.3%) Est. Cost $0.95 Unrealized —

— PPL CAPITAL FUNDING INC 1.5%

Value ($000) $74,849 (-15.0%) Shares 67,596,000 (-12.3%) Est. Cost $1.04 Unrealized —

— SNAP INC 0.5%

Value ($000) $23,906 (-33.3%) Shares 27,271,000 (-34.5%) Est. Cost $0.85 Unrealized —

— HALOZYME THERAPEUTICS IN 0.0%

Value ($000) $309 (-97.4%) Shares 232,000 (-97.2%) Est. Cost $1.08 Unrealized —

— MERITAGE HOMES CORP 2.1%

Value ($000) $104,157 (-9.3%) Shares 105,126,000 (-5.9%) Est. Cost $0.98 Unrealized —

— VERTEX INC 0.4%

Value ($000) $20,689 (-33.6%) Shares 21,751,000 (-28.8%) Est. Cost $1.05 Unrealized —

— TXNM ENERGY INC 0.1%

Value ($000) $3,344 (-73.5%) Shares 2,479,000 (-74.3%) Est. Cost $1.30 Unrealized —

— EVOLENT HEALTH INC 0.3%

Value ($000) $15,305 (-36.8%) Shares 22,573,000 (-24.9%) Est. Cost $0.85 Unrealized —

— HAEMONETICS CORP 0.4%

Value ($000) $18,752 (-31.3%) Shares 17,981,000 (-38.9%) Est. Cost $0.98 Unrealized —

— BOX INC 1.0%

Value ($000) $47,309 (-14.4%) Shares 48,301,000 (-12.0%) Est. Cost $1.01 Unrealized —

— CAPITAL SOUTHWEST CORP 0.1%

Value ($000) $7,244 (-51.5%) Shares 7,250,000 (-51.9%) Est. Cost $0.97 Unrealized —

— PG&E CORP 0.7%

Value ($000) $37,314 (-16.4%) Shares 36,095,000 (-18.0%) Est. Cost $1.09 Unrealized —

— ENOVIS CORP 0.3%

Value ($000) $14,603 (-32.5%) Shares 14,787,000 (-32.5%) Est. Cost $1.05 Unrealized —

— CABLE ONE INC 0.0%

Value ($000) $1,020 (-85.6%) Shares 1,244,000 (-84.9%) Est. Cost $0.81 Unrealized —

— VISHAY INTERTECHNOLOGY 0.5%

Value ($000) $23,065 (-20.7%) Shares 25,404,000 (-20.3%) Est. Cost $0.91 Unrealized —

— SSR MINING INC 0.1%

Value ($000) $5,525 (-51.4%) Shares 4,208,000 (-47.8%) Est. Cost $1.35 Unrealized —

— PARSONS CORP 0.7%

Value ($000) $34,626 (-14.2%) Shares 33,316,000 (-5.7%) Est. Cost $1.05 Unrealized —

— AKAMAI TECHNOLOGIES INC 0.7%

Value ($000) $34,271 (-14.2%) Shares 34,451,000 (-18.9%) Est. Cost $1.00 Unrealized —

— WORKIVA INC 0.7%

Value ($000) $35,192 (-13.3%) Shares 35,404,000 (-13.8%) Est. Cost $0.93 Unrealized —

— IONIS PHARMACEUTICALS IN 0.2%

Value ($000) $8,054 (-37.2%) Shares 5,056,000 (-45.3%) Est. Cost $1.01 Unrealized —

— BLOCK INC 0.5%

Value ($000) $22,576 (-16.7%) Shares 24,310,000 (-18.1%) Est. Cost $1.05 Unrealized —

— HERBALIFE LTD 0.0%

Value ($000) $602 (-87.9%) Shares 554,000 (-89.6%) Est. Cost $0.74 Unrealized —

— Q2 HOLDINGS INC 0.7%

Value ($000) $35,425 (-10.1%) Shares 34,948,000 (-7.8%) Est. Cost $1.09 Unrealized —

— APOLLO GLOBAL MANAGEMENT 1.9%

Value ($000) $96,419 (+4.3%) Shares 1,277,582 (-3.3%) Est. Cost $61.08 Unrealized —

— SOLARIS ENERGY INFRASTRU 0.2%

Value ($000) $7,836 (-33.6%) Shares 3,905,000 (-40.7%) Est. Cost $1.58 Unrealized —

— ALLIANT ENERGY CORP 0.2%

Value ($000) $8,760 (-28.6%) Shares 8,319,000 (-26.9%) Est. Cost $1.00 Unrealized —

— ON SEMICONDUCTOR CORP 0.6%

Value ($000) $29,983 (-10.4%) Shares 31,555,000 (-12.8%) Est. Cost $0.96 Unrealized —

BABA Alibaba Group Holding Ltd 0.0%

Value ($000) $2,199 (-58.3%) Shares 15,000 (-49.2%) Est. Cost — Unrealized —

— TELADOC HEALTH INC 0.4%

Value ($000) $18,840 (-13.5%) Shares 19,706,000 (-15.0%) Est. Cost $1.00 Unrealized —

— UPWORK INC 0.6%

Value ($000) $28,313 (-9.3%) Shares 28,914,000 (-10.1%) Est. Cost $0.95 Unrealized —

— WINNEBAGO INDUSTRIES 0.4%

Value ($000) $18,180 (-13.5%) Shares 18,985,000 (-18.9%) Est. Cost $0.88 Unrealized —

— NABORS INDUSTRIES INC 0.0%

Value ($000) $1,715 (-61.5%) Shares 2,103,000 (-63.6%) Est. Cost $0.73 Unrealized —

— NEXTERA ENERGY INC 2.1%

Value ($000) $102,717 (-2.6%) Shares 1,988,322 (-6.2%) Est. Cost $51.01 Unrealized —

— EVERGY INC 0.1%

Value ($000) $5,525 (-32.6%) Shares 4,525,000 (-30.5%) Est. Cost $1.26 Unrealized —

— SOFI TECHNOLOGIES INC 0.1%

Value ($000) $3,303 (-43.1%) Shares 2,554,000 (-42.7%) Est. Cost $1.30 Unrealized —

— TRAVERE THERAPEUTICS INC 0.4%

Value ($000) $20,388 (-10.8%) Shares 14,212,000 (-29.6%) Est. Cost $0.96 Unrealized —

— LANTHEUS HOLDINGS INC 1.1%

Value ($000) $53,017 (-3.9%) Shares 46,122,000 (-11.8%) Est. Cost $1.14 Unrealized —

— ETSY INC 0.5%

Value ($000) $22,759 (-8.0%) Shares 24,534,000 (-8.4%) Est. Cost $0.90 Unrealized —

— BRIDGEBIO PHARMA INC 0.5%

Value ($000) $23,296 (+8.7%) Shares 20,513,000 (-5.4%) Est. Cost $0.91 Unrealized —

— LUMENTUM HOLDINGS INC 0.1%

Value ($000) $5,321 (+49.1%) Shares 1,001,000 (-32.2%) Est. Cost $1.18 Unrealized —

— BOX INC 0.1%

Value ($000) $4,629 (-26.4%) Shares 3,950,000 (-21.5%) Est. Cost $1.24 Unrealized —

— REPLIGEN CORP 0.5%

Value ($000) $26,825 (-5.4%) Shares 24,431,000 (-13.2%) Est. Cost $1.00 Unrealized —

— MICROCHIP TECHNOLOGY INC 0.6%

Value ($000) $30,976 (-4.3%) Shares 529,956 (-3.6%) Est. Cost $51.81 Unrealized —

— TANDEM DIABETES CARE INC 0.3%

Value ($000) $16,541 (+8.7%) Shares 16,156,000 (-6.6%) Est. Cost $0.95 Unrealized —

— SNOWFLAKE INC 0.7%

Value ($000) $37,216 (-3.2%) Shares 24,026,000 (-2.1%) Est. Cost $1.57 Unrealized —

— PENNYMAC CORP 0.0%

Value ($000) $1,863 (-38.8%) Shares 1,830,000 (-40.0%) Est. Cost $0.97 Unrealized —

— JD.COM INC 0.2%

Value ($000) $9,459 (-10.5%) Shares 9,415,000 (-4.1%) Est. Cost $1.05 Unrealized —

— DIGITALOCEAN HOLDINGS 0.0%

Value ($000) $1,497 (-41.3%) Shares 1,549,000 (-42.7%) Est. Cost $0.80 Unrealized —

— FORD MOTOR COMPANY 0.5%

Value ($000) $26,929 (-3.6%) Shares 25,868,000 (-5.9%) Est. Cost $1.03 Unrealized —

— BRUKER CORP 0.6%

Value ($000) $31,545 (+3.2%) Shares 86,679 (-23.0%) Est. Cost $271.58 Unrealized —

— MARRIOTT VACATION WORLDW 0.8%

Value ($000) $40,148 (-2.3%) Shares 42,082,000 (-2.1%) Est. Cost $0.90 Unrealized —

— THE REALREAL INC 0.1%

Value ($000) $4,810 (-13.4%) Shares 2,800,000 (-35.2%) Est. Cost $1.28 Unrealized —

— EXACT SCIENCES CORP 0.0%

Value ($000) $1,644 (-26.3%) Shares 1,570,000 (-32.3%) Est. Cost $0.97 Unrealized —

— TETRA TECH INC 1.0%

Value ($000) $48,089 (-1.1%) Shares 43,876,000 (-2.2%) Est. Cost $1.14 Unrealized —

— NEOGENOMICS INC 0.3%

Value ($000) $14,519 (-3.5%) Shares 16,224,000 (-6.8%) Est. Cost $0.84 Unrealized —

— RAPID7 INC 0.1%

Value ($000) $4,197 (-11.2%) Shares 4,426,000 (-12.1%) Est. Cost $0.94 Unrealized —

— LITHIUM ARGENTINA AG 0.1%

Value ($000) $5,325 (-6.4%) Shares 5,809,000 (-8.4%) Est. Cost $0.80 Unrealized —

— BOFA FINANCE LLC 0.1%

Value ($000) $7,411 (-4.0%) Shares 6,800,000 (-12.8%) Est. Cost $1.05 Unrealized —

— PENNYMAC CORP 0.6%

Value ($000) $29,397 (-0.4%) Shares 27,466,000 (-3.8%) Est. Cost $1.02 Unrealized —

— RAPID7 INC 0.1%

Value ($000) $2,822 (-1.3%) Shares 3,073,000 (-4.6%) Est. Cost $0.95 Unrealized —

— M/A-COM TECH SOLUTIONS 0.0%

Value ($000) $676 (+4.8%) Shares 325,000 (-23.5%) Est. Cost $1.40 Unrealized —

— BRIGHTSPRING HEALTH SERV 0.0%

Value ($000) $1,709 (+0.0%) Shares 13,528 (-20.4%) Est. Cost $52.09 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	EXPEDIA GROUP INC	23,068,000 (-65.4%)	$25,790 (-61.7%)	0.5%	$1.06	—	CONV	30212PBE4
—	CONFLUENT INC	285,000 (-99.3%)	$277 (-99.3%)	0.0%	$0.83	—	CONV	20717MAB9
—	PENN ENTERTAINMENT INC	872,000 (-97.7%)	$868 (-97.8%)	0.0%	$1.33	—	CONV	707569AU3
—	SHIFT4 PAYMENTS INC	25,944,000 (-56.9%)	$25,051 (-57.8%)	0.5%	$1.01	—	CONV	82452JAD1
—	VENTAS REALTY LP	73,569,000 (-28.5%)	$104,301 (-21.6%)	2.1%	$1.10	—	CONV	92277GAZ0
—	RIVIAN AUTO INC	6,433,000 (-83.4%)	$7,279 (-79.6%)	0.1%	$0.92	—	CONV	76954AAD5
—	DUKE ENERGY CORP	71,579,000 (-23.8%)	$74,447 (-26.2%)	1.5%	$1.03	—	CONV	26441CBY0
—	BANK OF AMERICA CORP	157,311 (-10.9%)	$196,973 (-11.8%)	4.0%	$1371.64	—	CONV PFD	060505682
—	ITRON INC	4,508,000 (-84.2%)	$4,470 (-85.2%)	0.1%	$0.98	—	CONV	465741AN6
—	WELLS FARGO & COMPANY	157,600 (-10.0%)	$191,804 (-11.1%)	3.9%	$1303.53	—	CONV PFD	949746804
—	COINBASE GLOBAL INC	16,969,000 (-52.3%)	$16,976 (-57.1%)	0.3%	$0.91	—	CONV	19260QAB3
—	BENTLEY SYSTEMS INC	3,741,000 (-85.6%)	$3,736 (-85.5%)	0.1%	$0.98	—	CONV	08265TAB5
—	ALIBABA GROUP HOLDING	9,682,000 (-50.3%)	$15,065 (-57.9%)	0.3%	$1.28	—	CONV	01609WBG6
—	GLOBAL PAYMENTS INC	119,816,000 (-14.7%)	$108,379 (-16.0%)	2.2%	$0.95	—	CONV	37940XAU6
—	PROGRESS SOFTWARE CORP	43,706,000 (-32.4%)	$44,843 (-31.2%)	0.9%	$1.01	—	CONV	743312AD2
—	FIVE9 INC	27,741,000 (-44.9%)	$25,119 (-43.8%)	0.5%	$0.87	—	CONV	338307AF8
—	SHAKE SHACK INC	7,159,000 (-72.8%)	$6,783 (-73.0%)	0.1%	$0.93	—	CONV	819047AB7
—	JAZZ INVESTMENTS I LTD	2,886,000 (-83.9%)	$3,350 (-82.4%)	0.1%	$1.04	—	CONV	472145AF8
—	DRAFTKINGS HOLDINGS INC	49,037,000 (-26.4%)	$44,888 (-25.1%)	0.9%	$0.75	—	CONV	26142RAB0
—	DEXCOM INC	22,321,000 (-41.3%)	$20,563 (-40.8%)	0.4%	$0.95	—	CONV	252131AM9
—	PPL CAPITAL FUNDING INC	67,596,000 (-12.3%)	$74,849 (-15.0%)	1.5%	$1.04	—	CONV	69352PAS2
—	SNAP INC	27,271,000 (-34.5%)	$23,906 (-33.3%)	0.5%	$0.85	—	CONV	83304AAK2
—	HALOZYME THERAPEUTICS IN	232,000 (-97.2%)	$309 (-97.4%)	0.0%	$1.08	—	CONV	40637HAF6
—	MERITAGE HOMES CORP	105,126,000 (-5.9%)	$104,157 (-9.3%)	2.1%	$0.98	—	CONV	59001ABF8
—	VERTEX INC	21,751,000 (-28.8%)	$20,689 (-33.6%)	0.4%	$1.05	—	CONV	92538JAB2
—	TXNM ENERGY INC	2,479,000 (-74.3%)	$3,344 (-73.5%)	0.1%	$1.30	—	CONV	69349HAF4
—	EVOLENT HEALTH INC	22,573,000 (-24.9%)	$15,305 (-36.8%)	0.3%	$0.85	—	CONV	30050BAH4
—	HAEMONETICS CORP	17,981,000 (-38.9%)	$18,752 (-31.3%)	0.4%	$0.98	—	CONV	405024AD2
—	BOX INC	48,301,000 (-12.0%)	$47,309 (-14.4%)	1.0%	$1.01	—	CONV	10316TAD6
—	CAPITAL SOUTHWEST CORP	7,250,000 (-51.9%)	$7,244 (-51.5%)	0.1%	$0.97	—	CONV	140501AE7
—	PG&E CORP	36,095,000 (-18.0%)	$37,314 (-16.4%)	0.7%	$1.09	—	CONV	69331CAL2
—	ENOVIS CORP	14,787,000 (-32.5%)	$14,603 (-32.5%)	0.3%	$1.05	—	CONV	194014AB2
—	CABLE ONE INC	1,244,000 (-84.9%)	$1,020 (-85.6%)	0.0%	$0.81	—	CONV	12685JAG0
—	VISHAY INTERTECHNOLOGY	25,404,000 (-20.3%)	$23,065 (-20.7%)	0.5%	$0.91	—	CONV	928298AR9
—	SSR MINING INC	4,208,000 (-47.8%)	$5,525 (-51.4%)	0.1%	$1.35	—	CONV	784730AB9
—	PARSONS CORP	33,316,000 (-5.7%)	$34,626 (-14.2%)	0.7%	$1.05	—	CONV	70202LAD4
—	AKAMAI TECHNOLOGIES INC	34,451,000 (-18.9%)	$34,271 (-14.2%)	0.7%	$1.00	—	CONV	00971TAN1
—	WORKIVA INC	35,404,000 (-13.8%)	$35,192 (-13.3%)	0.7%	$0.93	—	CONV	98139AAD7
—	IONIS PHARMACEUTICALS IN	5,056,000 (-45.3%)	$8,054 (-37.2%)	0.2%	$1.01	—	CONV	462222AF7
—	BLOCK INC	24,310,000 (-18.1%)	$22,576 (-16.7%)	0.5%	$1.05	—	CONV	852234AK9
—	HERBALIFE LTD	554,000 (-89.6%)	$602 (-87.9%)	0.0%	$0.74	—	CONV	42703MAF0
—	Q2 HOLDINGS INC	34,948,000 (-7.8%)	$35,425 (-10.1%)	0.7%	$1.09	—	CONV	74736LAD1
—	APOLLO GLOBAL MANAGEMENT	1,277,582 (-3.3%)	$96,419 (+4.3%)	1.9%	$61.08	—	CONV PFD	03769M304
—	SOLARIS ENERGY INFRASTRU	3,905,000 (-40.7%)	$7,836 (-33.6%)	0.2%	$1.58	—	CONV	83419XAA6
—	ALLIANT ENERGY CORP	8,319,000 (-26.9%)	$8,760 (-28.6%)	0.2%	$1.00	—	CONV	018802AC2
—	ON SEMICONDUCTOR CORP	31,555,000 (-12.8%)	$29,983 (-10.4%)	0.6%	$0.96	—	CONV	682189AU9
BABA	Alibaba Group Holding Ltd	15,000 (-49.2%)	$2,199 (-58.3%)	0.0%	—	—	CALL	01609W102
—	TELADOC HEALTH INC	19,706,000 (-15.0%)	$18,840 (-13.5%)	0.4%	$1.00	—	CONV	87918AAF2
—	UPWORK INC	28,914,000 (-10.1%)	$28,313 (-9.3%)	0.6%	$0.95	—	CONV	91688FAB0
—	WINNEBAGO INDUSTRIES	18,985,000 (-18.9%)	$18,180 (-13.5%)	0.4%	$0.88	—	CONV	974637AF7
—	NABORS INDUSTRIES INC	2,103,000 (-63.6%)	$1,715 (-61.5%)	0.0%	$0.73	—	CONV	62957HAL9
—	NEXTERA ENERGY INC	1,988,322 (-6.2%)	$102,717 (-2.6%)	2.1%	$51.01	—	CONV PFD	65339F663
—	EVERGY INC	4,525,000 (-30.5%)	$5,525 (-32.6%)	0.1%	$1.26	—	CONV	30034WAD8
—	SOFI TECHNOLOGIES INC	2,554,000 (-42.7%)	$3,303 (-43.1%)	0.1%	$1.30	—	CONV	83406FAA0
—	TRAVERE THERAPEUTICS INC	14,212,000 (-29.6%)	$20,388 (-10.8%)	0.4%	$0.96	—	CONV	89422GAA5
—	LANTHEUS HOLDINGS INC	46,122,000 (-11.8%)	$53,017 (-3.9%)	1.1%	$1.14	—	CONV	516544AB9
—	ETSY INC	24,534,000 (-8.4%)	$22,759 (-8.0%)	0.5%	$0.90	—	CONV	29786AAL0
—	BRIDGEBIO PHARMA INC	20,513,000 (-5.4%)	$23,296 (+8.7%)	0.5%	$0.91	—	CONV	10806XAD4
—	LUMENTUM HOLDINGS INC	1,001,000 (-32.2%)	$5,321 (+49.1%)	0.1%	$1.18	—	CONV	55024UAH2
—	BOX INC	3,950,000 (-21.5%)	$4,629 (-26.4%)	0.1%	$1.24	—	CONV	10316TAB0
—	REPLIGEN CORP	24,431,000 (-13.2%)	$26,825 (-5.4%)	0.5%	$1.00	—	CONV	759916AD1
—	MICROCHIP TECHNOLOGY INC	529,956 (-3.6%)	$30,976 (-4.3%)	0.6%	$51.81	—	CONV PFD	595017302
—	TANDEM DIABETES CARE INC	16,156,000 (-6.6%)	$16,541 (+8.7%)	0.3%	$0.95	—	CONV	875372AD6
—	SNOWFLAKE INC	24,026,000 (-2.1%)	$37,216 (-3.2%)	0.7%	$1.57	—	CONV	833445AD1
—	PENNYMAC CORP	1,830,000 (-40.0%)	$1,863 (-38.8%)	0.0%	$0.97	—	CONV	70932AAF0
—	JD.COM INC	9,415,000 (-4.1%)	$9,459 (-10.5%)	0.2%	$1.05	—	CONV	47215PAJ5
—	DIGITALOCEAN HOLDINGS	1,549,000 (-42.7%)	$1,497 (-41.3%)	0.0%	$0.80	—	CONV	25402DAB8
—	FORD MOTOR COMPANY	25,868,000 (-5.9%)	$26,929 (-3.6%)	0.5%	$1.03	—	CONV	345370CZ1
—	BRUKER CORP	86,679 (-23.0%)	$31,545 (+3.2%)	0.6%	$271.58	—	CONV PFD	116794207
—	MARRIOTT VACATION WORLDW	42,082,000 (-2.1%)	$40,148 (-2.3%)	0.8%	$0.90	—	CONV	57164YAF4
—	THE REALREAL INC	2,800,000 (-35.2%)	$4,810 (-13.4%)	0.1%	$1.28	—	CONV	88339PAJ0
—	EXACT SCIENCES CORP	1,570,000 (-32.3%)	$1,644 (-26.3%)	0.0%	$0.97	—	CONV	30063PAB1
—	TETRA TECH INC	43,876,000 (-2.2%)	$48,089 (-1.1%)	1.0%	$1.14	—	CONV	88162GAB9
—	NEOGENOMICS INC	16,224,000 (-6.8%)	$14,519 (-3.5%)	0.3%	$0.84	—	CONV	64049MAB6
—	RAPID7 INC	4,426,000 (-12.1%)	$4,197 (-11.2%)	0.1%	$0.94	—	CONV	753422AF1
—	LITHIUM ARGENTINA AG	5,809,000 (-8.4%)	$5,325 (-6.4%)	0.1%	$0.80	—	CONV	53680QAA6
—	BOFA FINANCE LLC	6,800,000 (-12.8%)	$7,411 (-4.0%)	0.1%	$1.05	—	CONV	09709UV70
—	PENNYMAC CORP	27,466,000 (-3.8%)	$29,397 (-0.4%)	0.6%	$1.02	—	CONV	70932AAH6
—	RAPID7 INC	3,073,000 (-4.6%)	$2,822 (-1.3%)	0.1%	$0.95	—	CONV	753422AH7
—	M/A-COM TECH SOLUTIONS	325,000 (-23.5%)	$676 (+4.8%)	0.0%	$1.40	—	CONV	55405YAB6
—	BRIGHTSPRING HEALTH SERV	13,528 (-20.4%)	$1,709 (+0.0%)	0.0%	$52.09	—	CONV PFD	10950A205

Unchanged Positions (30)

— STRIDE INC 0.1%

Value ($000) $2,739 Shares 2,000,000 Est. Cost $2.84 Unrealized —

— ALBEMARLE CORP 0.1%

Value ($000) $4,583 Shares 77,747 Est. Cost $43.51 Unrealized —

— RIVIAN AUTO INC 0.1%

Value ($000) $6,969 Shares 5,474,000 Est. Cost $1.00 Unrealized —

— CELCUITY INC 0.0%

Value ($000) $2,140 Shares 980,000 Est. Cost $1.33 Unrealized —

— FLUOR CORP 0.4%

Value ($000) $17,473 Shares 15,247,000 Est. Cost $1.18 Unrealized —

— VERITONE INC 0.0%

Value ($000) $2,006 Shares 2,107,000 Est. Cost $0.57 Unrealized —

— AKAMAI TECHNOLOGIES INC 0.2%

Value ($000) $9,415 Shares 9,356,000 Est. Cost $1.04 Unrealized —

— BRIDGEBIO PHARMA INC 0.0%

Value ($000) $569 Shares 300,000 Est. Cost $1.29 Unrealized —

— SIRIUS XM HOLDINGS 0.1%

Value ($000) $5,238 Shares 5,147,000 Est. Cost $1.06 Unrealized —

— BLACKSTONE MORTGAGE TR 0.1%

Value ($000) $6,442 Shares 6,398,000 Est. Cost $0.91 Unrealized —

ACVT Advent Convertible Bond ETF 0.5%

Value ($000) $26,502 Shares 990,250 Est. Cost $26.12 Unrealized —

BBAI BigBear.ai Holdings Inc 0.0%

Value ($000) $540 Shares 100,000 Est. Cost $6.40 Unrealized +2.1%

— UNITY SOFTWARE INC 0.1%

Value ($000) $6,213 Shares 6,413,000 Est. Cost $0.84 Unrealized —

— MGP INGREDIENTS INC 0.1%

Value ($000) $5,737 Shares 5,900,000 Est. Cost $1.10 Unrealized —

— SNAP INC 0.1%

Value ($000) $4,405 Shares 4,850,000 Est. Cost $0.73 Unrealized —

— BANDWIDTH INC 0.1%

Value ($000) $2,887 Shares 3,300,000 Est. Cost $0.76 Unrealized —

— AMC NETWORKS INC 0.0%

Value ($000) $495 Shares 476,000 Est. Cost $0.84 Unrealized —

LULU Lululemon Athletica Inc 0.0%

Value ($000) $208 Shares 1,000 Est. Cost — Unrealized —

— ENPHASE ENERGY INC 0.0%

Value ($000) $2,153 Shares 2,175,000 Est. Cost $1.01 Unrealized —

— STARWOOD PROPERTY TRUST 0.1%

Value ($000) $3,204 Shares 3,000,000 Est. Cost $1.06 Unrealized —

AUROW AURORA INNOVATION INC 0.0%

Value ($000) $14 Shares 61,500 Est. Cost $1.41 Unrealized —

— ZIFF DAVIS INC 0.0%

Value ($000) $762 Shares 775,000 Est. Cost $0.93 Unrealized —

— BLACKLINE INC 0.0%

Value ($000) $1,150 Shares 1,160,000 Est. Cost $0.86 Unrealized —

— CRACKER BARREL OLD COUNT 0.0%

Value ($000) $1,029 Shares 1,058,000 Est. Cost $0.92 Unrealized —

— DROPBOX INC 0.1%

Value ($000) $2,586 Shares 2,604,000 Est. Cost $0.94 Unrealized —

BBAI/WS BIGBEAR.AI HOLDINGS INC 0.0%

Value ($000) $29 Shares 18,260 Est. Cost $0.82 Unrealized —

— PINNACLE WEST CAPITAL 0.0%

Value ($000) $847 Shares 790,000 Est. Cost $1.08 Unrealized —

— REDWOOD TRUST INC 0.0%

Value ($000) $1,802 Shares 1,800,000 Est. Cost $0.99 Unrealized —

— BENTLEY SYSTEMS 0.0%

Value ($000) $1,867 Shares 1,980,000 Est. Cost $0.80 Unrealized —

— EURONET WORLDWIDE INC 0.0%

Value ($000) $3 Shares 4,000 Est. Cost $0.86 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	STRIDE INC	2,000,000	$2,739	0.1%	$2.84	—	CONV	86333MAA6
—	ALBEMARLE CORP	77,747	$4,583	0.1%	$43.51	—	CONV PFD	012653200
—	RIVIAN AUTO INC	5,474,000	$6,969	0.1%	$1.00	—	CONV	76954AAB9
—	CELCUITY INC	980,000	$2,140	0.0%	$1.33	—	CONV	15102KAA8
—	FLUOR CORP	15,247,000	$17,473	0.4%	$1.18	—	CONV	343412AJ1
—	VERITONE INC	2,107,000	$2,006	0.0%	$0.57	—	CONV	92347MAB6
—	AKAMAI TECHNOLOGIES INC	9,356,000	$9,415	0.2%	$1.04	—	CONV	00971TAL5
—	BRIDGEBIO PHARMA INC	300,000	$569	0.0%	$1.29	—	CONV	10806XAB8
—	SIRIUS XM HOLDINGS	5,147,000	$5,238	0.1%	$1.06	—	CONV	531229AP7
—	BLACKSTONE MORTGAGE TR	6,398,000	$6,442	0.1%	$0.91	—	CONV	09257WAE0
ACVT	Advent Convertible Bond ETF	990,250	$26,502	0.5%	$26.12	—	COM	75526L845
BBAI	BigBear.ai Holdings Inc	100,000	$540	0.0%	$6.40	+2.1%	CALL	08975B109
—	UNITY SOFTWARE INC	6,413,000	$6,213	0.1%	$0.84	—	CONV	91332UAB7
—	MGP INGREDIENTS INC	5,900,000	$5,737	0.1%	$1.10	—	CONV	55303JAB2
—	SNAP INC	4,850,000	$4,405	0.1%	$0.73	—	CONV	83304AAH9
—	BANDWIDTH INC	3,300,000	$2,887	0.1%	$0.76	—	CONV	05988JAD5
—	AMC NETWORKS INC	476,000	$495	0.0%	$0.84	—	CONV	00164VAJ2
LULU	Lululemon Athletica Inc	1,000	$208	0.0%	—	—	CALL	550021109
—	ENPHASE ENERGY INC	2,175,000	$2,153	0.0%	$1.01	—	CONV	29355AAH0
—	STARWOOD PROPERTY TRUST	3,000,000	$3,204	0.1%	$1.06	—	CONV	85571BBA2
AUROW	AURORA INNOVATION INC	61,500	$14	0.0%	$1.41	—	COM	051774115
—	ZIFF DAVIS INC	775,000	$762	0.0%	$0.93	—	CONV	48123VAE2
—	BLACKLINE INC	1,160,000	$1,150	0.0%	$0.86	—	CONV	09239BAD1
—	CRACKER BARREL OLD COUNT	1,058,000	$1,029	0.0%	$0.92	—	CONV	22410JAB2
—	DROPBOX INC	2,604,000	$2,586	0.1%	$0.94	—	CONV	26210CAC8
BBAI/WS	BIGBEAR.AI HOLDINGS INC	18,260	$29	0.0%	$0.82	—	COM	08975B117
—	PINNACLE WEST CAPITAL	790,000	$847	0.0%	$1.08	—	CONV	723484AK7
—	REDWOOD TRUST INC	1,800,000	$1,802	0.0%	$0.99	—	CONV	758075AF2
—	BENTLEY SYSTEMS	1,980,000	$1,867	0.0%	$0.80	—	CONV	08265TAD1
—	EURONET WORLDWIDE INC	4,000	$3	0.0%	$0.86	—	CONV	298736AL3