Paloma Partners Management Co Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BABA	ALIBABA GROUP HLDG LTD	400,000	$58,632	10.7%	—	—	PUT	01609W102
CHTR	CHARTER COMMUNICATIONS INC N	245,500	$51,248	9.3%	—	—	PUT	16119P108
SPY	SPDR S&P 500 ETF TR	47,500	$32,391	5.9%	—	—	PUT	78462F103
VSAT	VIASAT INC	400,000	$13,784	2.5%	$35.30	0.0%	CALL	92552V100
TLT	ISHARES TR	150,000	$13,074	2.4%	$101.84	—	CALL	464287432
QQQ	INVESCO QQQ TR	20,900	$12,839	2.3%	—	—	CALL	46090E103
VFC	V F CORP	427,500	$7,729	1.4%	—	—	CALL	918204108
CTRI	CENTURI HOLDINGS INC	300,000	$7,575	1.4%	—	—	CALL	155923105
VSAT	VIASAT INC	168,050	$5,791	1.1%	$35.30	0.0%	COM	92552V100
DKNG	DRAFTKINGS INC NEW	140,000	$4,824	0.9%	$32.89	0.0%	COM CL A	26142V105
META	META PLATFORMS INC	6,000	$3,961	0.7%	$667.32	0.0%	CL A	30303M102
WMT	WALMART INC	33,000	$3,677	0.7%	$107.20	0.0%	COM	931142103
CHDN	CHURCHILL DOWNS INC	32,000	$3,641	0.7%	$103.46	0.0%	COM	171484108
SNPS	SYNOPSYS INC	6,000	$2,818	0.5%	$444.23	0.0%	COM	871607107
CORZ	CORE SCIENTIFIC INC NEW	185,000	$2,694	0.5%	$17.44	0.0%	COM	21874A106
MTN	VAIL RESORTS INC	20,000	$2,656	0.5%	$147.17	0.0%	COM	91879Q109
ASML	ASML HOLDING N V	2,000	$2,140	0.4%	$1069.86	—	N Y REGISTRY SHS	N07059210
PI	IMPINJ INC	12,000	$2,088	0.4%	$178.15	0.0%	COM	453204109
LRCX	LAM RESEARCH CORP	11,000	$1,883	0.3%	$155.36	0.0%	COM NEW	512807306
ROKU	ROKU INC	17,000	$1,844	0.3%	$101.49	0.0%	COM CL A	77543R102
STM	STMICROELECTRONICS N V	42,000	$1,089	0.2%	$25.94	—	NY REGISTRY	861012102
CIEN	CIENA CORP	4,000	$935	0.2%	$194.00	0.0%	COM NEW	171779309
BROS	DUTCH BROS INC	15,000	$918	0.2%	$56.81	0.0%	CL A	26701L100
FLUT	FLUTTER ENTMT PLC	3,500	$753	0.1%	$224.90	0.0%	SHS	G3643J108
ELWT	ELAUWIT CONNECTION INC	33,947	$172	0.0%	$6.38	0.0%	COM	28417M109

Increased Positions (15)

BTDR BITDEER TECHNOLOGIES GROUP 6.3%

Value ($000) $34,678 (+61.0%) Shares 3,093,500 (+145.5%) Est. Cost $14.04 Unrealized +14.8%

NWL NEWELL BRANDS INC 2.6%

Value ($000) $14,147 (+107.7%) Shares 3,803,000 (+192.5%) Est. Cost — Unrealized —

NVDA NVIDIA CORPORATION 1.8%

Value ($000) $9,885 (+164.9%) Shares 53,000 (+165.0%) Est. Cost $163.37 Unrealized +13.9%

AMZN AMAZON COM INC 1.0%

Value ($000) $5,540 (+320.5%) Shares 24,000 (+300.0%) Est. Cost $228.18 Unrealized +0.3%

— NIO INC 7.2%

Value ($000) $39,450 (+9.6%) Shares 42,960,000 (+28.2%) Est. Cost $0.88 Unrealized —

AVGO BROADCOM INC 1.8%

Value ($000) $9,691 (+46.9%) Shares 28,000 (+40.0%) Est. Cost $251.87 Unrealized +41.7%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 1.1%

Value ($000) $5,889 (+57.2%) Shares 23,000 (+58.6%) Est. Cost $221.16 Unrealized +12.7%

AFRM AFFIRM HLDGS INC 1.5%

Value ($000) $8,187 (+31.7%) Shares 110,002 (+29.3%) Est. Cost $57.86 Unrealized +24.4%

INTC INTEL CORP 1.6%

Value ($000) $8,672 (+26.1%) Shares 235,000 (+14.6%) Est. Cost $24.70 Unrealized +52.9%

OPTU OPTIMUM COMMUNICATIONS INC 0.7%

Value ($000) $3,874 (-28.5%) Shares 2,347,922 (+4.4%) Est. Cost $3.58 Unrealized -43.2%

CRWV COREWEAVE INC 0.5%

Value ($000) $2,685 (+96.2%) Shares 37,500 (+275.0%) Est. Cost $105.90 Unrealized -4.3%

RRR RED ROCK RESORTS INC 0.8%

Value ($000) $4,522 (+17.6%) Shares 73,000 (+15.9%) Est. Cost $51.04 Unrealized +14.6%

TNL TRAVEL PLUS LEISURE CO 0.2%

Value ($000) $917 (+54.1%) Shares 13,000 (+30.0%) Est. Cost $60.52 Unrealized +7.6%

WH WYNDHAM HOTELS & RESORTS INC 0.5%

Value ($000) $2,531 (+5.6%) Shares 33,500 (+11.7%) Est. Cost $90.70 Unrealized -16.9%

PRMB PRIMO BRANDS CORPORATION 0.1%

Value ($000) $736 (+11.0%) Shares 45,000 (+50.0%) Est. Cost $23.41 Unrealized -21.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BTDR	BITDEER TECHNOLOGIES GROUP	3,093,500 (+145.5%)	$34,678 (+61.0%)	6.3%	$14.04	+14.8%	CALL	G11448100
NWL	NEWELL BRANDS INC	3,803,000 (+192.5%)	$14,147 (+107.7%)	2.6%	—	—	CALL	651229106
NVDA	NVIDIA CORPORATION	53,000 (+165.0%)	$9,885 (+164.9%)	1.8%	$163.37	+13.9%	COM	67066G104
AMZN	AMAZON COM INC	24,000 (+300.0%)	$5,540 (+320.5%)	1.0%	$228.18	+0.3%	COM	023135106
—	NIO INC	42,960,000 (+28.2%)	$39,450 (+9.6%)	7.2%	$0.88	—	NOTE 4.625%10/1	62914VAK2
AVGO	BROADCOM INC	28,000 (+40.0%)	$9,691 (+46.9%)	1.8%	$251.87	+41.7%	COM	11135F101
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	23,000 (+58.6%)	$5,889 (+57.2%)	1.1%	$221.16	+12.7%	COM	874054109
AFRM	AFFIRM HLDGS INC	110,002 (+29.3%)	$8,187 (+31.7%)	1.5%	$57.86	+24.4%	COM CL A	00827B106
INTC	INTEL CORP	235,000 (+14.6%)	$8,672 (+26.1%)	1.6%	$24.70	+52.9%	COM	458140100
OPTU	OPTIMUM COMMUNICATIONS INC	2,347,922 (+4.4%)	$3,874 (-28.5%)	0.7%	$3.58	-43.2%	CL A	02156K103
CRWV	COREWEAVE INC	37,500 (+275.0%)	$2,685 (+96.2%)	0.5%	$105.90	-4.3%	COM CL A	21873S108
RRR	RED ROCK RESORTS INC	73,000 (+15.9%)	$4,522 (+17.6%)	0.8%	$51.04	+14.6%	CL A	75700L108
TNL	TRAVEL PLUS LEISURE CO	13,000 (+30.0%)	$917 (+54.1%)	0.2%	$60.52	+7.6%	COM	894164102
WH	WYNDHAM HOTELS & RESORTS INC	33,500 (+11.7%)	$2,531 (+5.6%)	0.5%	$90.70	-16.9%	COM	98311A105
PRMB	PRIMO BRANDS CORPORATION	45,000 (+50.0%)	$736 (+11.0%)	0.1%	$23.41	-21.1%	CLASS A COM SHS	741623102

Exited Positions (43)

CORZ CORE SCIENTIFIC INC NEW 8.9%

Value ($000) $49,012 Shares 2,732,000 Est. Cost $17.44 Unrealized 0.0%

WOLF WOLFSPEED INC 2.9%

Value ($000) $16,129 Shares 563,947 Est. Cost $25.35 Unrealized -9.5%

— LI AUTO INC 1.9%

Value ($000) $10,240 Shares 8,925,000 Est. Cost $1.15 Unrealized —

TLT ISHARES TR 1.6%

Value ($000) $8,937 Shares 100,000 Est. Cost $101.84 Unrealized —

CIFR CIPHER MINING INC 1.6%

Value ($000) $8,782 Shares 697,500 Est. Cost — Unrealized —

HPE HEWLETT PACKARD ENTERPRISE C 1.3%

Value ($000) $7,368 Shares 300,000 Est. Cost $17.01 Unrealized +37.8%

HUBS HUBSPOT INC 1.2%

Value ($000) $6,322 Shares 13,515 Est. Cost $503.08 Unrealized -17.7%

RIG TRANSOCEAN LTD 1.1%

Value ($000) $6,240 Shares 2,000,000 Est. Cost $2.82 Unrealized +37.8%

TSEM TOWER SEMICONDUCTOR LTD 1.1%

Value ($000) $6,146 Shares 85,000 Est. Cost $54.61 Unrealized +76.4%

NOW SERVICENOW INC 1.0%

Value ($000) $5,636 Shares 6,124 Est. Cost $187.09 Unrealized -8.3%

TEAM ATLASSIAN CORPORATION 1.0%

Value ($000) $5,330 Shares 33,375 Est. Cost $207.48 Unrealized -24.4%

BRZE BRAZE INC 0.8%

Value ($000) $4,550 Shares 159,979 Est. Cost $30.83 Unrealized -3.9%

ON ON SEMICONDUCTOR CORP 0.8%

Value ($000) $4,438 Shares 90,000 Est. Cost $52.63 Unrealized -2.5%

ESTC ELASTIC N V 0.8%

Value ($000) $4,286 Shares 50,730 Est. Cost $89.48 Unrealized -8.8%

CRM SALESFORCE INC 0.8%

Value ($000) $4,253 Shares 17,947 Est. Cost $292.15 Unrealized -15.1%

RCL ROYAL CARIBBEAN GROUP 0.7%

Value ($000) $4,045 Shares 12,500 Est. Cost $332.02 Unrealized -15.2%

KVYO KLAVIYO INC 0.7%

Value ($000) $3,883 Shares 140,238 Est. Cost $32.29 Unrealized -13.3%

HAL HALLIBURTON CO 0.7%

Value ($000) $3,690 Shares 150,000 Est. Cost $21.87 Unrealized +20.2%

BYD BOYD GAMING CORP 0.6%

Value ($000) $3,458 Shares 40,000 Est. Cost $83.67 Unrealized -1.7%

ADBE ADOBE INC 0.6%

Value ($000) $3,351 Shares 9,501 Est. Cost $463.20 Unrealized -26.6%

OKTA OKTA INC 0.6%

Value ($000) $3,190 Shares 34,789 Est. Cost $81.20 Unrealized +7.5%

CCL CARNIVAL CORP 0.6%

Value ($000) $3,180 Shares 110,000 Est. Cost $30.20 Unrealized -7.7%

— XEROX HOLDINGS CORP 0.5%

Value ($000) $2,930 Shares 6,000,000 Est. Cost $0.58 Unrealized —

MSFT MICROSOFT CORP 0.5%

Value ($000) $2,921 Shares 5,639 Est. Cost $459.00 Unrealized +9.1%

SNOW SNOWFLAKE INC 0.5%

Value ($000) $2,824 Shares 12,520 Est. Cost $214.74 Unrealized +13.7%

ALGM ALLEGRO MICROSYSTEMS INC 0.4%

Value ($000) $2,190 Shares 75,000 Est. Cost $32.34 Unrealized -14.9%

SMTC SEMTECH CORP 0.4%

Value ($000) $2,144 Shares 30,000 Est. Cost $54.29 Unrealized +30.7%

ROG ROGERS CORP 0.4%

Value ($000) $2,012 Shares 25,000 Est. Cost $74.46 Unrealized +15.3%

WDAY WORKDAY INC 0.3%

Value ($000) $1,685 Shares 7,000 Est. Cost $253.67 Unrealized -10.4%

S SENTINELONE INC 0.3%

Value ($000) $1,673 Shares 95,000 Est. Cost $17.94 Unrealized -8.7%

— HUDSON PAC PPTYS INC 0.3%

Value ($000) $1,656 Shares 600,000 Est. Cost $2.75 Unrealized —

BE BLOOM ENERGY CORP 0.3%

Value ($000) $1,607 Shares 19,000 Est. Cost $46.44 Unrealized +126.3%

HAL HALLIBURTON CO 0.3%

Value ($000) $1,476 Shares 60,000 Est. Cost $21.87 Unrealized +20.2%

PANW PALO ALTO NETWORKS INC 0.2%

Value ($000) $1,018 Shares 5,000 Est. Cost $191.42 Unrealized +5.4%

DMIIU DRUGS MADE IN AMER ACQ II CO 0.2%

Value ($000) $995 Shares 100,000 Est. Cost $9.95 Unrealized —

UNIT UNITI GROUP LLC 0.2%

Value ($000) $960 Shares 156,850 Est. Cost $7.16 Unrealized -11.5%

DDOG DATADOG INC 0.2%

Value ($000) $956 Shares 6,713 Est. Cost $118.28 Unrealized +33.6%

SMR NUSCALE PWR CORP 0.2%

Value ($000) $864 Shares 24,000 Est. Cost $39.85 Unrealized -28.2%

ORCL ORACLE CORP 0.2%

Value ($000) $844 Shares 3,000 Est. Cost $159.47 Unrealized +49.3%

NIO NIO INC 0.1%

Value ($000) $572 Shares 75,000 Est. Cost $7.62 Unrealized —

OTGAU OTG ACQUISITION CORP. I 0.1%

Value ($000) $403 Shares 40,000 Est. Cost $10.07 Unrealized —

EOSE EOS ENERGY ENTERPRISES INC 0.0%

Value ($000) $172 Shares 15,099 Est. Cost $6.84 Unrealized +110.1%

FCRS/U FUTURECREST ACQUISITION CORP 0.0%

Value ($000) $106 Shares 10,000 Est. Cost $10.60 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CORZ	CORE SCIENTIFIC INC NEW	2,732,000	$49,012	8.9%	$17.44	0.0%	CALL	21874A106
WOLF	WOLFSPEED INC	563,947	$16,129	2.9%	$25.35	-9.5%	—	97785W106
—	LI AUTO INC	8,925,000	$10,240	1.9%	$1.15	—	—	50202MAB8
TLT	ISHARES TR	100,000	$8,937	1.6%	$101.84	—	—	464287432
CIFR	CIPHER MINING INC	697,500	$8,782	1.6%	—	—	CALL	17253J106
HPE	HEWLETT PACKARD ENTERPRISE C	300,000	$7,368	1.3%	$17.01	+37.8%	—	42824C109
HUBS	HUBSPOT INC	13,515	$6,322	1.2%	$503.08	-17.7%	—	443573100
RIG	TRANSOCEAN LTD	2,000,000	$6,240	1.1%	$2.82	+37.8%	—	H8817H100
TSEM	TOWER SEMICONDUCTOR LTD	85,000	$6,146	1.1%	$54.61	+76.4%	—	M87915274
NOW	SERVICENOW INC	6,124	$5,636	1.0%	$187.09	-8.3%	—	81762P102
TEAM	ATLASSIAN CORPORATION	33,375	$5,330	1.0%	$207.48	-24.4%	—	049468101
BRZE	BRAZE INC	159,979	$4,550	0.8%	$30.83	-3.9%	—	10576N102
ON	ON SEMICONDUCTOR CORP	90,000	$4,438	0.8%	$52.63	-2.5%	—	682189105
ESTC	ELASTIC N V	50,730	$4,286	0.8%	$89.48	-8.8%	—	N14506104
CRM	SALESFORCE INC	17,947	$4,253	0.8%	$292.15	-15.1%	—	79466L302
RCL	ROYAL CARIBBEAN GROUP	12,500	$4,045	0.7%	$332.02	-15.2%	—	V7780T103
KVYO	KLAVIYO INC	140,238	$3,883	0.7%	$32.29	-13.3%	—	49845K101
HAL	HALLIBURTON CO	150,000	$3,690	0.7%	$21.87	+20.2%	CALL	406216101
BYD	BOYD GAMING CORP	40,000	$3,458	0.6%	$83.67	-1.7%	—	103304101
ADBE	ADOBE INC	9,501	$3,351	0.6%	$463.20	-26.6%	—	00724F101
OKTA	OKTA INC	34,789	$3,190	0.6%	$81.20	+7.5%	—	679295105
CCL	CARNIVAL CORP	110,000	$3,180	0.6%	$30.20	-7.7%	—	143658300
—	XEROX HOLDINGS CORP	6,000,000	$2,930	0.5%	$0.58	—	—	98421MAE6
MSFT	MICROSOFT CORP	5,639	$2,921	0.5%	$459.00	+9.1%	—	594918104
SNOW	SNOWFLAKE INC	12,520	$2,824	0.5%	$214.74	+13.7%	—	833445109
ALGM	ALLEGRO MICROSYSTEMS INC	75,000	$2,190	0.4%	$32.34	-14.9%	—	01749D105
SMTC	SEMTECH CORP	30,000	$2,144	0.4%	$54.29	+30.7%	—	816850101
ROG	ROGERS CORP	25,000	$2,012	0.4%	$74.46	+15.3%	—	775133101
WDAY	WORKDAY INC	7,000	$1,685	0.3%	$253.67	-10.4%	—	98138H101
S	SENTINELONE INC	95,000	$1,673	0.3%	$17.94	-8.7%	—	81730H109
—	HUDSON PAC PPTYS INC	600,000	$1,656	0.3%	$2.75	—	—	444097109
BE	BLOOM ENERGY CORP	19,000	$1,607	0.3%	$46.44	+126.3%	—	093712107
HAL	HALLIBURTON CO	60,000	$1,476	0.3%	$21.87	+20.2%	—	406216101
PANW	PALO ALTO NETWORKS INC	5,000	$1,018	0.2%	$191.42	+5.4%	—	697435105
DMIIU	DRUGS MADE IN AMER ACQ II CO	100,000	$995	0.2%	$9.95	—	—	G2851K120
UNIT	UNITI GROUP LLC	156,850	$960	0.2%	$7.16	-11.5%	—	912932100
DDOG	DATADOG INC	6,713	$956	0.2%	$118.28	+33.6%	—	23804L103
SMR	NUSCALE PWR CORP	24,000	$864	0.2%	$39.85	-28.2%	—	67079K100
ORCL	ORACLE CORP	3,000	$844	0.2%	$159.47	+49.3%	—	68389X105
NIO	NIO INC	75,000	$572	0.1%	$7.62	—	—	62914V106
OTGAU	OTG ACQUISITION CORP. I	40,000	$403	0.1%	$10.07	—	—	G6791A126
EOSE	EOS ENERGY ENTERPRISES INC	15,099	$172	0.0%	$6.84	+110.1%	—	29415C101
FCRS/U	FUTURECREST ACQUISITION CORP	10,000	$106	0.0%	$10.60	—	—	G3730U123

Decreased Positions (13)

— ALIBABA GROUP HLDG LTD 7.6%

Value ($000) $42,018 (-62.9%) Shares 27,000,000 (-56.1%) Est. Cost $1.70 Unrealized —

— ECHOSTAR CORP 4.9%

Value ($000) $26,938 (-45.4%) Shares 8,030,000 (-59.9%) Est. Cost $2.46 Unrealized —

BTDR BITDEER TECHNOLOGIES GROUP 0.1%

Value ($000) $279 (-98.1%) Shares 24,889 (-97.2%) Est. Cost $14.04 Unrealized +14.8%

— TRIP COM GROUP LTD 4.8%

Value ($000) $26,512 (-20.4%) Shares 21,500,000 (-17.4%) Est. Cost $1.17 Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.9%

Value ($000) $5,033 (-57.1%) Shares 23,500 (-67.6%) Est. Cost $160.60 Unrealized +39.8%

GT GOODYEAR TIRE & RUBR CO 2.2%

Value ($000) $12,264 (-23.9%) Shares 1,400,000 (-35.0%) Est. Cost — Unrealized —

TER TERADYNE INC 0.1%

Value ($000) $581 (-85.9%) Shares 3,000 (-90.0%) Est. Cost $109.09 Unrealized +57.2%

LVS LAS VEGAS SANDS CORP 0.4%

Value ($000) $2,330 (-44.3%) Shares 35,796 (-54.0%) Est. Cost $43.52 Unrealized +40.6%

— LUMENTUM HLDGS INC 1.9%

Value ($000) $10,640 (-12.1%) Shares 2,000,000 (-60.0%) Est. Cost $2.42 Unrealized —

ALTS ALT5 SIGMA CORP 0.0%

Value ($000) $66 (-95.6%) Shares 60,000 (-89.2%) Est. Cost $5.99 Unrealized -67.8%

NBIS NEBIUS GROUP N.V. 0.2%

Value ($000) $1,130 (-54.2%) Shares 13,500 (-38.6%) Est. Cost $69.43 Unrealized +49.3%

COHR COHERENT CORP 0.2%

Value ($000) $923 (-57.2%) Shares 5,000 (-75.0%) Est. Cost $99.69 Unrealized +50.0%

HAS HASBRO INC 0.9%

Value ($000) $5,166 (+3.2%) Shares 63,000 (-4.5%) Est. Cost $72.77 Unrealized +7.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ALIBABA GROUP HLDG LTD	27,000,000 (-56.1%)	$42,018 (-62.9%)	7.6%	$1.70	—	NOTE 0.500% 6/0	01609WBG6
—	ECHOSTAR CORP	8,030,000 (-59.9%)	$26,938 (-45.4%)	4.9%	$2.46	—	NOTE 3.875%11/3	278768AB2
BTDR	BITDEER TECHNOLOGIES GROUP	24,889 (-97.2%)	$279 (-98.1%)	0.1%	$14.04	+14.8%	CL A ORD SHS	G11448100
—	TRIP COM GROUP LTD	21,500,000 (-17.4%)	$26,512 (-20.4%)	4.8%	$1.17	—	NOTE 0.750% 6/1	89677QAB3
AMD	ADVANCED MICRO DEVICES INC	23,500 (-67.6%)	$5,033 (-57.1%)	0.9%	$160.60	+39.8%	COM	007903107
GT	GOODYEAR TIRE & RUBR CO	1,400,000 (-35.0%)	$12,264 (-23.9%)	2.2%	—	—	CALL	382550101
TER	TERADYNE INC	3,000 (-90.0%)	$581 (-85.9%)	0.1%	$109.09	+57.2%	COM	880770102
LVS	LAS VEGAS SANDS CORP	35,796 (-54.0%)	$2,330 (-44.3%)	0.4%	$43.52	+40.6%	COM	517834107
—	LUMENTUM HLDGS INC	2,000,000 (-60.0%)	$10,640 (-12.1%)	1.9%	$2.42	—	NOTE 1.500%12/1	55024UAH2
ALTS	ALT5 SIGMA CORP	60,000 (-89.2%)	$66 (-95.6%)	0.0%	$5.99	-67.8%	COM	47089W104
NBIS	NEBIUS GROUP N.V.	13,500 (-38.6%)	$1,130 (-54.2%)	0.2%	$69.43	+49.3%	SHS CLASS A	N97284108
COHR	COHERENT CORP	5,000 (-75.0%)	$923 (-57.2%)	0.2%	$99.69	+50.0%	COM	19247G107
HAS	HASBRO INC	63,000 (-4.5%)	$5,166 (+3.2%)	0.9%	$72.77	+7.2%	COM	418056107

Unchanged Positions (5)

— COINBASE GLOBAL INC 2.6%

Value ($000) $14,062 Shares 13,684,000 Est. Cost $1.26 Unrealized —

LCID LUCID GROUP INC 0.1%

Value ($000) $608 Shares 57,500 Est. Cost $22.60 Unrealized -29.3%

CNF CNFINANCE HLDGS LTD 0.3%

Value ($000) $1,847 Shares 305,337 Est. Cost $4.19 Unrealized —

— LIBERTY MEDIA CORP DEL 0.1%

Value ($000) $741 Shares 10,000,000 Est. Cost $0.11 Unrealized —

— GUESS INC 1.4%

Value ($000) $7,639 Shares 7,623,000 Est. Cost $1.07 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	COINBASE GLOBAL INC	13,684,000	$14,062	2.6%	$1.26	—	NOTE 0.250% 4/0	19260QAF4
LCID	LUCID GROUP INC	57,500	$608	0.1%	$22.60	-29.3%	COM NEW	549498202
CNF	CNFINANCE HLDGS LTD	305,337	$1,847	0.3%	$4.19	—	SPONSORED ADS	18979T204
—	LIBERTY MEDIA CORP DEL	10,000,000	$741	0.1%	$0.11	—	DEB 4.000%11/1	530715AG6
—	GUESS INC	7,623,000	$7,639	1.4%	$1.07	—	NOTE 3.750% 4/1	401617AF2