Ghisallo Capital Management LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ITT	ITT INC	450,000	$78,080	3.5%	$179.17	0.0%	COM	45073V108
—	GLXY 0.500 05/01/31 CVT	95,000,000	$72,083	3.2%	$0.76	—	CONVERTIBLE BOND	36317GAC0
SYM	SYMBOTIC INC	1,059,400	$63,034	2.8%	$66.04	0.0%	CLASS A COM	87151X101
ROL	ROLLINS INC	1,000,000	$60,020	2.7%	$58.66	0.0%	COM	775711104
NNE	NANO NUCLEAR ENERGY INC	1,592,000	$38,224	1.7%	$38.28	0.0%	COM	63010H108
MDLN	MEDLINE INC	900,000	$37,800	1.7%	$42.23	0.0%	COM CL A	58507V107
SOFI	SOFI TECHNOLOGIES INC	1,115,619	$29,207	1.3%	$27.87	0.0%	COM	83406F102
—	WISTR 10/23/30 CVT PUT	25,000,000	$24,465	1.1%	$0.98	—	CONVERTIBLE BOND	YJ2912428
—	ZTS 0.250 06/15/29 CVT	23,000,000	$23,602	1.1%	$1.03	—	CONVERTIBLE BOND	98978VAY9
STC	STEWART INFORMATION SVCS COR	280,000	$19,673	0.9%	$72.01	0.0%	COM	860372101
—	BTDR 4.000 11/15/31 CVT PUT	20,000,000	$18,131	0.8%	$0.91	—	CONVERTIBLE BOND	09175RAE0
—	VOYG 0.750 11/15/30 CVT	16,500,000	$17,227	0.8%	$1.04	—	CONVERTIBLE BOND	92892BAA1
NVTS	NAVITAS SEMICONDUCTOR CORP	2,222,222	$15,867	0.7%	$9.62	0.0%	COM	63942X106
—	CLSK 02/15/32 CVT	20,000,000	$15,080	0.7%	$0.75	—	CONVERTIBLE BOND	18452BAD2
—	CHKP 12/15/30 CVT	15,000,000	$14,950	0.7%	$1.00	—	CONVERTIBLE BOND	162775AA8
—	JAZZ INVESTMENTS I LTD	10,000,000	$13,308	0.6%	$1.33	—	NOTE 3.125% 9/1	472145AH4
TE	T1 ENERGY INC	1,952,194	$13,041	0.6%	$4.41	0.0%	COM NEW	35834F104
OGE	OGE ENERGY CORP	300,000	$12,810	0.6%	$44.60	0.0%	COM	670837103
ALH	ALLIANCE LAUNDRY HLDGS INC	600,000	$12,210	0.5%	$24.03	0.0%	COM	01862Q107
—	EXC 3.250 03/15/29 CVT	12,000,000	$11,968	0.5%	$1.00	—	CONVERTIBLE BOND	30161NBT7
ALM	ALMONTY INDS INC	1,300,000	$11,453	0.5%	$7.35	0.0%	COM NEW	020398707
KRSP	RICE ACQUISITION CORP 3	1,000,000	$10,305	0.5%	$10.36	0.0%	ORD SHS CL A	G7553X106
CTRI	CENTURI HOLDINGS INC	400,000	$10,100	0.5%	$22.36	0.0%	COM SHS	155923105
KBONU	KARBON CAP PARTNERS CORP	1,000,000	$10,070	0.4%	$10.07	—	UNIT 12/11/2030	G5225W126
—	CRWV 1.750 12/01/31 CVT	10,500,000	$9,908	0.4%	$0.94	—	CONVERTIBLE BOND	21873SAD0
MDU	MDU RES GROUP INC	451,229	$8,808	0.4%	$19.57	0.0%	COM	552690109
—	WULF 05/01/32 CVT	10,000,000	$8,531	0.4%	$0.85	—	CONVERTIBLE BOND	88080TAE4
—	RAMACO RES INC	9,500,000	$7,963	0.4%	$0.84	—	NOTE 11/0	75134PAB1
—	ASTS 2.000 01/15/36 CVT	7,500,000	$7,434	0.3%	$0.99	—	CONVERTIBLE BOND	00217DAE0
DMII	DRUGS MADE IN AMER ACQ II CO	750,000	$7,425	0.3%	$9.89	0.0%	USD ORD SHS	G2851K104
BETA	BETA TECHNOLOGIES INC	250,000	$7,053	0.3%	$29.84	0.0%	COM SHS CL A	086921103
VSEC	VSE CORP	35,000	$6,047	0.3%	$170.91	0.0%	COM	918284100
CBC	CENTRAL BANCOMPANY	220,000	$5,306	0.2%	$23.43	0.0%	COM CL A	152413100
ANDG	ANDERSEN GROUP INC	200,000	$5,186	0.2%	$25.14	0.0%	CL A	033853102
NAVN	NAVAN INC	300,000	$5,124	0.2%	$15.89	0.0%	CL A	639193101
—	MRTFC 0.500 12/16/28 CVT	4,000,000	$5,092	0.2%	$1.27	—	CONVERTIBLE BOND	DC2204840
ADACU	AMERICAN DRIVE ACQUISITION C	500,000	$4,995	0.2%	$9.99	—	UNIT 12/04/2030	G0R91M121
LPCVU	LAUNCHPAD CADENZA ACQUISITIO	500,000	$4,990	0.2%	$9.98	—	UNIT 12/15/2030	G6001S123
—	COINBASE GLOBAL INC	5,000,000	$4,984	0.2%	$1.00	—	NOTE 0.500% 6/0	19260QAB3
AERO	GRUPO AEROMEXICO SAB DE CV	225,000	$4,941	0.2%	$21.96	—	SPONSORED ADS	40054J109
WLTH	WEALTHFRONT CORP	350,000	$4,757	0.2%	$13.20	0.0%	COM	947002101
HYMC	HYCROFT MINING HOLDING CORP	200,000	$4,754	0.2%	$11.07	0.0%	CL A NEW	44862P208
—	IRENX 1.000 06/01/33 CVT	5,000,000	$4,669	0.2%	$0.93	—	CONVERTIBLE BOND	46270CAJ8
CDRE	CADRE HLDGS INC	103,159	$4,213	0.2%	$41.45	0.0%	COM	12763L105
BLZR	TRAILBLAZER ACQUISITION CORP	400,000	$4,004	0.2%	$10.08	0.0%	ORD SHS CL A	G9009S103
JOBY	JOBY AVIATION INC	300,000	$3,960	0.2%	$15.35	0.0%	COMMON STOCK	G65163100
ACHR	ARCHER AVIATION INC	500,000	$3,760	0.2%	$9.41	0.0%	COM CL A	03945R102
GROY	GOLD ROYALTY CORP	850,000	$3,434	0.2%	$3.83	0.0%	COMMON SHARES	38071H106
CEVA	CEVA INC	150,000	$3,228	0.1%	$24.55	0.0%	COM	157210105
ALUB/U	ALUSSA ENERGY ACQUISITION CO	300,000	$3,030	0.1%	$10.10	—	UNIT 99/99/9999	G0233J126
SBXE/U	SILVERBOX CORP V	300,000	$3,029	0.1%	$10.10	—	UNIT 99/99/9999	G8148S123
SAC/U	SAFEGUARD ACQUISITION CORP	300,000	$3,026	0.1%	$10.09	—	UNIT 99/99/9999	G77676123
AGRO	ADECOAGRO S A	376,666	$2,987	0.1%	$7.85	0.0%	COM	L00849106
TGB	TASEKO MINES LTD	500,000	$2,830	0.1%	$4.70	0.0%	COM	876511106
CEPV	CANTOR EQUITY PARTNERS V INC	250,000	$2,563	0.1%	$10.25	0.0%	SHS CL A S	G1828S109
FCRS	FUTURECREST ACQUISITION CORP	250,000	$2,525	0.1%	$10.11	0.0%	CL A ORD SHS	G3730U107
DSACU	DAEDALUS SPL ACQUISITION COR	250,000	$2,513	0.1%	$10.05	—	UNIT 11/10/2030	G2616C124
GPACU	GENERAL PURP ACQUISITION COR	250,000	$2,503	0.1%	$10.01	—	UNIT 12/03/2030	G3810N122
AEAQU	ACTIVATE ENERGY ACQUISITION	250,000	$2,500	0.1%	$10.00	—	UNIT 11/10/2030	G0081J129
CHAC	CRANE HBR ACQUISITION CORP	250,000	$2,500	0.1%	$11.14	0.0%	CL A	G24979109
CDNL	CARDINAL INFRASTRUCTURE GROU	100,000	$2,418	0.1%	$24.69	0.0%	CL A	14154A102
LMRI	LUMEXA IMAGING HOLDINGS INC	125,000	$2,313	0.1%	$18.05	0.0%	COM	550249106
CHEC	CHENGHE ACQUISITION III CO	225,000	$2,246	0.1%	$9.96	0.0%	ORD SHS CL A	G2086N105
MLAC	MOUNTAIN LAKE ACQUISITION CO	200,000	$1,997	0.1%	$10.42	0.0%	SHS CL A	G6301B101
LATA	GALATA ACQUISITION CORP II	200,000	$1,992	0.1%	$9.97	0.0%	ORD SHS CL A	G3R25N108
DNLI	DENALI THERAPEUTICS INC	100,000	$1,651	0.1%	$16.88	0.0%	COM	24823R105
IE	IVANHOE ELECTRIC INC	100,000	$1,598	0.1%	$14.31	0.0%	COM	46578C108
RNGT	RANGE CAP ACQUISITION CORP I	150,000	$1,497	0.1%	$9.99	0.0%	CL A ORD SHS	G7375J103
SPAI	SAFE PRO GROUP INC	286,000	$1,190	0.1%	$5.50	0.0%	COM	78642D101
UEC	URANIUM ENERGY CORP	100,000	$1,168	0.1%	$13.12	0.0%	COM	916896103
MBVI	M3-BRIGADE ACQUISITION VI CO	100,000	$1,001	0.0%	$10.06	0.0%	ORD SHS CL A	G63221108
BLRKU	BLUEROCK ACQUISITION CORP	100,000	$1,000	0.0%	$10.00	—	UNIT 11/06/2030	G1352R121
ITHAU	ITHAX ACQUISITION CORP III	100,000	$996	0.0%	$9.96	—	UNIT 11/17/2030	G4977S128
IRON	DISC MEDICINE INC	10,000	$794	0.0%	$84.50	0.0%	COM	254604101
XLO	XILIO THERAPEUTICS INC	1,113,222	$713	0.0%	$0.75	0.0%	COM	98422T100
PXED	PHOENIX ED PARTNERS INC	20,000	$606	0.0%	$33.28	0.0%	COM	718968100
BLLN	BILLIONTOONE INC	7,000	$573	0.0%	$101.40	0.0%	CL A	090168105
MESHU	MESHFLOW ACQUISITION CORP	50,000	$500	0.0%	$10.00	—	UNIT 11/19/2030	G6032N127
GNTA	GENENTA SCIENCE S P A	323,797	$482	0.0%	$1.49	—	SPONSORED ADS	36870W100
MPLT	MAPLIGHT THERAPEUTICS INC	20,000	$351	0.0%	$16.75	0.0%	COM	56565P103
NWAX/U	NEW AMER ACQUISITION I CORP	30,000	$312	0.0%	$10.41	—	UNIT 99/99/9999	023634207
DMIIR	DRUGS MADE IN AMER ACQ II CO	750,000	$105	0.0%	$0.14	—	RIGHT 09/16/2030	G2851K112
MSAI	MULTISENSOR AI HOLDINGS INC	248,960	$72	0.0%	$0.73	0.0%	COM	456948108

Increased Positions (13)

XPEV XPENG INC 6.8%

Value ($000) $152,100 (+1198.9%) Shares 7,500,000 (+1400.0%) Est. Cost $20.12 Unrealized —

ULS UL SOLUTIONS INC 4.9%

Value ($000) $110,347 (+1457.2%) Shares 1,399,273 (+1299.3%) Est. Cost $77.63 Unrealized +3.4%

KGS KODIAK GAS SVCS INC 2.0%

Value ($000) $44,880 (+385.6%) Shares 1,200,000 (+380.0%) Est. Cost $34.59 Unrealized +2.2%

LGN LEGENCE CORP 1.0%

Value ($000) $21,520 (+365.6%) Shares 500,000 (+233.3%) Est. Cost $37.11 Unrealized +6.5%

MIAX MIAMI INTL HLDGS INC 1.1%

Value ($000) $24,742 (+123.5%) Shares 557,500 (+102.7%) Est. Cost $40.64 Unrealized +9.7%

BKV BKV CORP 0.4%

Value ($000) $8,145 (+252.1%) Shares 300,000 (+200.0%) Est. Cost $22.78 Unrealized +10.2%

— FORD MTR CO 0.3%

Value ($000) $7,777 (+92.2%) Shares 7,500,000 (+87.5%) Est. Cost $1.01 Unrealized —

KMTS KESTRA MED TECHNOLOGIES LTD 0.2%

Value ($000) $4,694 (+163.4%) Shares 176,992 (+136.0%) Est. Cost $24.58 Unrealized +4.8%

CNCK COINCHECK GROUP NV 0.1%

Value ($000) $2,659 (-32.8%) Shares 1,055,172 (+23.5%) Est. Cost $9.39 Unrealized -58.1%

AII AMERICAN INTEGRITY INS GROUP 0.1%

Value ($000) $2,275 (+56.9%) Shares 109,219 (+68.0%) Est. Cost $19.04 Unrealized +16.8%

OMDA OMADA HEALTH INC 0.1%

Value ($000) $2,572 (+29.3%) Shares 163,000 (+81.1%) Est. Cost $18.64 Unrealized +8.8%

CRWV COREWEAVE INC 0.3%

Value ($000) $7,161 (+4.7%) Shares 100,000 (+100.0%) Est. Cost $109.85 Unrealized -7.7%

— COIN 10/01/32 CVT 0.3%

Value ($000) $5,806 (+5.2%) Shares 6,500,000 (+30.0%) Est. Cost $1.06 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XPEV	XPENG INC	7,500,000 (+1400.0%)	$152,100 (+1198.9%)	6.8%	$20.12	—	ADS	98422D105
ULS	UL SOLUTIONS INC	1,399,273 (+1299.3%)	$110,347 (+1457.2%)	4.9%	$77.63	+3.4%	CLASS A COM SHS	903731107
KGS	KODIAK GAS SVCS INC	1,200,000 (+380.0%)	$44,880 (+385.6%)	2.0%	$34.59	+2.2%	COM	50012A108
LGN	LEGENCE CORP	500,000 (+233.3%)	$21,520 (+365.6%)	1.0%	$37.11	+6.5%	CL A	52476L109
MIAX	MIAMI INTL HLDGS INC	557,500 (+102.7%)	$24,742 (+123.5%)	1.1%	$40.64	+9.7%	COM	59356Q108
BKV	BKV CORP	300,000 (+200.0%)	$8,145 (+252.1%)	0.4%	$22.78	+10.2%	COM	05603J108
—	FORD MTR CO	7,500,000 (+87.5%)	$7,777 (+92.2%)	0.3%	$1.01	—	NOTE 3/1	345370CZ1
KMTS	KESTRA MED TECHNOLOGIES LTD	176,992 (+136.0%)	$4,694 (+163.4%)	0.2%	$24.58	+4.8%	SHS	G52441105
CNCK	COINCHECK GROUP NV	1,055,172 (+23.5%)	$2,659 (-32.8%)	0.1%	$9.39	-58.1%	SHS	N20967118
AII	AMERICAN INTEGRITY INS GROUP	109,219 (+68.0%)	$2,275 (+56.9%)	0.1%	$19.04	+16.8%	COM	026948109
OMDA	OMADA HEALTH INC	163,000 (+81.1%)	$2,572 (+29.3%)	0.1%	$18.64	+8.8%	COM	68170A108
CRWV	COREWEAVE INC	100,000 (+100.0%)	$7,161 (+4.7%)	0.3%	$109.85	-7.7%	COM CL A	21873S108
—	COIN 10/01/32 CVT	6,500,000 (+30.0%)	$5,806 (+5.2%)	0.3%	$1.06	—	CONVERTIBLE BOND	19260QAJ6

Exited Positions (92)

FOX FOX CORP 6.4%

Value ($000) $142,974 Shares 2,495,618 Est. Cost $52.60 Unrealized +11.0%

QUBT QUANTUM COMPUTING INC 3.3%

Value ($000) $74,194 Shares 4,030,092 Est. Cost $17.16 Unrealized -17.1%

— QUANC 10/02/30 CVT PUT 2.9%

Value ($000) $64,596 Shares 65,000,000 Est. Cost $0.99 Unrealized —

AVAV AEROVIRONMENT INC 2.8%

Value ($000) $62,978 Shares 200,000 Est. Cost $258.71 Unrealized +21.5%

RIG TRANSOCEAN LTD 2.6%

Value ($000) $57,720 Shares 18,500,000 Est. Cost $3.02 Unrealized +28.7%

PONY PONY AI INC 2.4%

Value ($000) $53,076 Shares 2,360,000 Est. Cost $22.49 Unrealized —

ESLT ELBIT SYS LTD 2.3%

Value ($000) $50,980 Shares 100,000 Est. Cost $403.82 Unrealized +24.0%

BEKE KE HLDGS INC 2.1%

Value ($000) $47,500 Shares 2,500,000 Est. Cost $19.00 Unrealized —

LTM LATAM AIRLINES GROUP SA 1.7%

Value ($000) $38,019 Shares 840,193 Est. Cost $43.57 Unrealized —

SNDK SANDISK CORP 1.5%

Value ($000) $33,660 Shares 300,000 Est. Cost $38.24 Unrealized +423.7%

INTC INTEL CORP 1.5%

Value ($000) $33,550 Shares 1,000,000 Est. Cost $20.72 Unrealized +82.2%

BRO BROWN & BROWN INC 1.0%

Value ($000) $23,448 Shares 250,000 Est. Cost $111.89 Unrealized -25.5%

NDAQ NASDAQ INC 1.0%

Value ($000) $22,113 Shares 250,000 Est. Cost $77.96 Unrealized +15.1%

— CIFR 10/01/31 CVT PUT 1.0%

Value ($000) $21,962 Shares 20,000,000 Est. Cost $1.10 Unrealized —

— MMGLT 10/08/30 CVT PUT 1.0%

Value ($000) $21,630 Shares 20,000,000 Est. Cost $1.08 Unrealized —

— MMYT 07/01/30 CVT PUT 0.9%

Value ($000) $20,539 Shares 20,000,000 Est. Cost $1.06 Unrealized —

— BXP 2.000 10/01/30 CVT 0.9%

Value ($000) $19,910 Shares 20,000,000 Est. Cost $1.00 Unrealized —

CNP CENTERPOINT ENERGY INC 0.9%

Value ($000) $19,400 Shares 500,000 Est. Cost $36.53 Unrealized +6.4%

LPLA LPL FINL HLDGS INC 0.7%

Value ($000) $16,635 Shares 50,000 Est. Cost $350.35 Unrealized +1.0%

— PINGA 0.875 07/22/29 0.7%

Value ($000) $15,641 Shares 11,500,000 Est. Cost $1.21 Unrealized —

— LNT 3.250 05/30/28 CVT 0.7%

Value ($000) $15,470 Shares 15,000,000 Est. Cost $1.01 Unrealized —

MBLY MOBILEYE GLOBAL INC 0.6%

Value ($000) $14,120 Shares 1,000,000 Est. Cost $14.87 Unrealized -16.0%

HSAI HESAI GROUP 0.6%

Value ($000) $14,050 Shares 500,000 Est. Cost $21.95 Unrealized —

AWK AMERICAN WTR WKS CO INC NEW 0.6%

Value ($000) $13,919 Shares 100,000 Est. Cost $140.03 Unrealized -4.9%

— SUPER MICRO COMPUTER INC 0.6%

Value ($000) $12,675 Shares 12,500,000 Est. Cost $1.01 Unrealized —

BNTX BIONTECH SE 0.6%

Value ($000) $12,328 Shares 125,000 Est. Cost $98.62 Unrealized —

— WUXIA 10/19/25 CVT EXCD 0.5%

Value ($000) $12,147 Shares 8,000,000 Est. Cost $0.98 Unrealized —

GRAB 0 06/15/30 GRAB 06/15/30 CVT PUT 0.5%

Value ($000) $11,588 Shares 10,000,000 Est. Cost $1.06 Unrealized —

— EXPEDIA GROUP INC 0.5%

Value ($000) $11,081 Shares 11,000,000 Est. Cost $1.01 Unrealized —

— WIXX 09/15/30 CVT 0.5%

Value ($000) $10,932 Shares 10,000,000 Est. Cost $1.09 Unrealized —

— CVLT 09/15/30 CVT 0.5%

Value ($000) $10,335 Shares 10,000,000 Est. Cost $1.03 Unrealized —

LI LI AUTO INC 0.5%

Value ($000) $10,136 Shares 400,000 Est. Cost $27.11 Unrealized —

— SO 3.250 06/15/28 CVT 0.5%

Value ($000) $10,131 Shares 10,000,000 Est. Cost $1.01 Unrealized —

— HPEVG 0.500 07/16/30 CVT PUT 0.4%

Value ($000) $10,056 Shares 80,000,000 Est. Cost $0.13 Unrealized —

METC RAMACO RES INC 0.4%

Value ($000) $9,957 Shares 300,000 Est. Cost $23.24 Unrealized +13.0%

SPXC SPX TECHNOLOGIES INC 0.4%

Value ($000) $9,339 Shares 50,000 Est. Cost $186.78 Unrealized —

— LITE 0.375 03/15/32 CVT 0.4%

Value ($000) $9,192 Shares 8,000,000 Est. Cost $1.15 Unrealized —

— ALIBABA GROUP HLDG LTD 0.4%

Value ($000) $9,187 Shares 5,000,000 Est. Cost $1.27 Unrealized —

BIRK BIRKENSTOCK HOLDING PLC 0.4%

Value ($000) $9,050 Shares 200,000 Est. Cost $51.40 Unrealized -17.6%

— WULF 1.000 09/01/31 CVT 0.4%

Value ($000) $8,939 Shares 7,500,000 Est. Cost $1.19 Unrealized —

— TYLER TEX INDPT SCH DIST 0.4%

Value ($000) $8,220 Shares 7,500,000 Est. Cost $1.19 Unrealized —

GDS GDS HLDGS LTD 0.3%

Value ($000) $7,740 Shares 200,000 Est. Cost $30.57 Unrealized —

ONDS ONDAS HLDGS INC 0.3%

Value ($000) $7,720 Shares 1,000,000 Est. Cost $4.15 Unrealized +93.6%

KC KINGSOFT CLOUD HLDGS LTD 0.3%

Value ($000) $7,460 Shares 500,000 Est. Cost $12.52 Unrealized —

DMIIU DRUGS MADE IN AMER ACQ II CO 0.3%

Value ($000) $7,459 Shares 750,000 Est. Cost $9.95 Unrealized —

— AVT 1.750 09/01/30 CVT PUT 0.3%

Value ($000) $7,080 Shares 7,000,000 Est. Cost $1.01 Unrealized —

— NABORS ENERGY TRANSITION COR 0.3%

Value ($000) $6,724 Shares 599,800 Est. Cost $10.18 Unrealized —

— LHAG 09/10/32 CVT PUT 0.3%

Value ($000) $6,318 Shares 5,500,000 Est. Cost $1.15 Unrealized —

AHL ASPEN INSURANCE HOLDINGS LTD 0.3%

Value ($000) $6,057 Shares 165,000 Est. Cost $33.33 Unrealized +10.6%

AMSC AMERICAN SUPERCONDUCTOR CORP 0.3%

Value ($000) $5,939 Shares 100,000 Est. Cost $24.58 Unrealized +75.9%

— CYTK 1.750 10/01/31 CVT 0.3%

Value ($000) $5,691 Shares 5,000,000 Est. Cost $1.14 Unrealized —

— OSCR 2.250 09/01/30 CVT 0.2%

Value ($000) $5,479 Shares 5,000,000 Est. Cost $1.10 Unrealized —

HGV HILTON GRAND VACATIONS INC 0.2%

Value ($000) $5,226 Shares 125,000 Est. Cost $46.03 Unrealized -7.7%

CTRE CARETRUST REIT INC 0.2%

Value ($000) $5,202 Shares 150,000 Est. Cost $34.68 Unrealized —

BACQ BLEICHROEDER ACQUISITION COR 0.2%

Value ($000) $5,195 Shares 500,000 Est. Cost $9.95 Unrealized +9.3%

— CERCA 2.250 08/14/30 CVT PUT 0.2%

Value ($000) $4,944 Shares 5,000,000 Est. Cost $0.99 Unrealized —

— EEFT 0.625 10/01/30 CVT 0.2%

Value ($000) $4,757 Shares 5,000,000 Est. Cost $0.95 Unrealized —

— SCHN 1.250 09/23/33 CVT 0.2%

Value ($000) $4,743 Shares 4,000,000 Est. Cost $1.19 Unrealized —

APLD APPLIED DIGITAL CORP 0.2%

Value ($000) $4,519 Shares 197,000 Est. Cost $7.38 Unrealized +290.5%

NWS NEWS CORP NEW 0.2%

Value ($000) $4,358 Shares 126,148 Est. Cost $33.69 Unrealized -11.5%

SFNC SIMMONS 1ST NATL CORP 0.2%

Value ($000) $4,313 Shares 225,000 Est. Cost $19.96 Unrealized -7.2%

ZHEDIN 0 01/24/29 ZHDIG 01/24/29 CVT PUT 0.2%

Value ($000) $4,240 Shares 2,500,000 Est. Cost $1.70 Unrealized —

BLZRU TRAILBLAZER ACQUISITION CORP 0.2%

Value ($000) $4,100 Shares 400,000 Est. Cost $10.25 Unrealized —

— NCLH 0.750 09/15/30 CVT 0.2%

Value ($000) $3,538 Shares 3,500,000 Est. Cost $1.01 Unrealized —

DOLE DOLE PLC 0.2%

Value ($000) $3,360 Shares 250,000 Est. Cost $14.03 Unrealized -0.7%

CRBG COREBRIDGE FINL INC 0.1%

Value ($000) $3,205 Shares 100,000 Est. Cost $33.71 Unrealized -9.4%

ZVIA ZEVIA PBC 0.1%

Value ($000) $2,992 Shares 1,100,000 Est. Cost $2.81 Unrealized -11.7%

LUCD LUCID DIAGNOSTICS INC 0.1%

Value ($000) $2,990 Shares 2,960,066 Est. Cost $1.09 Unrealized +2.4%

HE HAWAIIAN ELEC INDUSTRIES 0.1%

Value ($000) $2,760 Shares 250,000 Est. Cost $12.39 Unrealized -6.5%

SRAD SPORTRADAR GROUP AG 0.1%

Value ($000) $2,690 Shares 100,000 Est. Cost $28.08 Unrealized —

— MIRX 10/01/31 CVT 0.1%

Value ($000) $2,676 Shares 2,500,000 Est. Cost $1.07 Unrealized —

FCRS/U FUTURECREST ACQUISITION CORP 0.1%

Value ($000) $2,650 Shares 250,000 Est. Cost $10.60 Unrealized —

FWRG FIRST WATCH RESTAURANT GROUP 0.1%

Value ($000) $2,516 Shares 160,893 Est. Cost $17.43 Unrealized -3.3%

CHECU CHENGHE ACQUISITION III CO 0.1%

Value ($000) $2,246 Shares 225,000 Est. Cost $9.98 Unrealized —

NSPR INSPIREMD INC 0.1%

Value ($000) $2,221 Shares 921,587 Est. Cost $2.43 Unrealized -14.1%

CON CONCENTRA GROUP HOLDINGS PAR 0.1%

Value ($000) $2,093 Shares 100,000 Est. Cost $22.75 Unrealized -12.3%

LATAU GALATA ACQUISITION CORP II 0.1%

Value ($000) $1,996 Shares 200,000 Est. Cost $9.98 Unrealized —

NTST NETSTREIT CORP 0.1%

Value ($000) $1,806 Shares 100,000 Est. Cost $18.06 Unrealized —

SOC SABLE OFFSHORE CORP 0.1%

Value ($000) $1,746 Shares 100,000 Est. Cost $23.26 Unrealized -59.4%

KRP KIMBELL RTY PARTNERS LP 0.1%

Value ($000) $1,686 Shares 125,000 Est. Cost $14.00 Unrealized —

VG VENTURE GLOBAL INC 0.1%

Value ($000) $1,419 Shares 100,000 Est. Cost $14.48 Unrealized -42.6%

BOW BOWHEAD SPECIALTY HLDGS INC 0.1%

Value ($000) $1,352 Shares 50,000 Est. Cost $27.67 Unrealized -4.1%

MBVIU M3-BRIGADE ACQUISITION VI CO 0.0%

Value ($000) $1,012 Shares 100,000 Est. Cost $10.12 Unrealized —

SDHC SMITH DOUGLAS HOMES CORP 0.0%

Value ($000) $883 Shares 50,000 Est. Cost $28.04 Unrealized -35.5%

WYFI WHITEFIBER INC 0.0%

Value ($000) $679 Shares 25,000 Est. Cost $19.54 Unrealized +26.5%

MBX MBX BIOSCIENCES INC 0.0%

Value ($000) $669 Shares 38,250 Est. Cost $13.37 Unrealized +81.5%

LITS LITE STRATEGY INC 0.0%

Value ($000) $605 Shares 250,000 Est. Cost $4.12 Unrealized -54.2%

EVTL VERTICAL AEROSPACE LTD 0.0%

Value ($000) $519 Shares 100,000 Est. Cost $5.56 Unrealized -8.9%

BBNX BETA BIONICS INC 0.0%

Value ($000) $497 Shares 25,000 Est. Cost $18.64 Unrealized +43.2%

EVEX EVE HLDG INC 0.0%

Value ($000) $381 Shares 100,000 Est. Cost $5.32 Unrealized -17.3%

STUB STUBHUB HLDGS INC 0.0%

Value ($000) $337 Shares 20,000 Est. Cost $18.34 Unrealized -14.3%

HLLY HOLLEY INC 0.0%

Value ($000) $143 Shares 45,686 Est. Cost $2.98 Unrealized +20.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FOX	FOX CORP	2,495,618	$142,974	6.4%	$52.60	+11.0%	—	35137L204
QUBT	QUANTUM COMPUTING INC	4,030,092	$74,194	3.3%	$17.16	-17.1%	—	74766W108
—	QUANC 10/02/30 CVT PUT	65,000,000	$64,596	2.9%	$0.99	—	—	YK3645941
AVAV	AEROVIRONMENT INC	200,000	$62,978	2.8%	$258.71	+21.5%	—	008073108
RIG	TRANSOCEAN LTD	18,500,000	$57,720	2.6%	$3.02	+28.7%	—	H8817H100
PONY	PONY AI INC	2,360,000	$53,076	2.4%	$22.49	—	—	732908108
ESLT	ELBIT SYS LTD	100,000	$50,980	2.3%	$403.82	+24.0%	—	M3760D101
BEKE	KE HLDGS INC	2,500,000	$47,500	2.1%	$19.00	—	—	482497104
LTM	LATAM AIRLINES GROUP SA	840,193	$38,019	1.7%	$43.57	—	—	51817R205
SNDK	SANDISK CORP	300,000	$33,660	1.5%	$38.24	+423.7%	—	80004C200
INTC	INTEL CORP	1,000,000	$33,550	1.5%	$20.72	+82.2%	—	458140100
BRO	BROWN & BROWN INC	250,000	$23,448	1.0%	$111.89	-25.5%	—	115236101
NDAQ	NASDAQ INC	250,000	$22,113	1.0%	$77.96	+15.1%	—	631103108
—	CIFR 10/01/31 CVT PUT	20,000,000	$21,962	1.0%	$1.10	—	—	17253JAB2
—	MMGLT 10/08/30 CVT PUT	20,000,000	$21,630	1.0%	$1.08	—	—	YK5500748
—	MMYT 07/01/30 CVT PUT	20,000,000	$20,539	0.9%	$1.06	—	—	56087FAC8
—	BXP 2.000 10/01/30 CVT	20,000,000	$19,910	0.9%	$1.00	—	—	10112RBM5
CNP	CENTERPOINT ENERGY INC	500,000	$19,400	0.9%	$36.53	+6.4%	—	15189T107
LPLA	LPL FINL HLDGS INC	50,000	$16,635	0.7%	$350.35	+1.0%	—	50212V100
—	PINGA 0.875 07/22/29	11,500,000	$15,641	0.7%	$1.21	—	—	YW4260876
—	LNT 3.250 05/30/28 CVT	15,000,000	$15,470	0.7%	$1.01	—	—	018802AD0
MBLY	MOBILEYE GLOBAL INC	1,000,000	$14,120	0.6%	$14.87	-16.0%	—	60741F104
HSAI	HESAI GROUP	500,000	$14,050	0.6%	$21.95	—	—	428050108
AWK	AMERICAN WTR WKS CO INC NEW	100,000	$13,919	0.6%	$140.03	-4.9%	—	030420103
—	SUPER MICRO COMPUTER INC	12,500,000	$12,675	0.6%	$1.01	—	—	86800UAB0
BNTX	BIONTECH SE	125,000	$12,328	0.6%	$98.62	—	—	09075V102
—	WUXIA 10/19/25 CVT EXCD	8,000,000	$12,147	0.5%	$0.98	—	—	YU3705321
GRAB 0 06/15/30	GRAB 06/15/30 CVT PUT	10,000,000	$11,588	0.5%	$1.06	—	—	G4124CAA7
—	EXPEDIA GROUP INC	11,000,000	$11,081	0.5%	$1.01	—	—	30212PBE4
—	WIXX 09/15/30 CVT	10,000,000	$10,932	0.5%	$1.09	—	—	92940WAE9
—	CVLT 09/15/30 CVT	10,000,000	$10,335	0.5%	$1.03	—	—	204166AA0
LI	LI AUTO INC	400,000	$10,136	0.5%	$27.11	—	—	50202M102
—	SO 3.250 06/15/28 CVT	10,000,000	$10,131	0.5%	$1.01	—	—	842587EC7
—	HPEVG 0.500 07/16/30 CVT PUT	80,000,000	$10,056	0.4%	$0.13	—	—	YM1588222
METC	RAMACO RES INC	300,000	$9,957	0.4%	$23.24	+13.0%	—	75134P600
SPXC	SPX TECHNOLOGIES INC	50,000	$9,339	0.4%	$186.78	—	—	78473E103
—	LITE 0.375 03/15/32 CVT	8,000,000	$9,192	0.4%	$1.15	—	—	55024UAJ8
—	ALIBABA GROUP HLDG LTD	5,000,000	$9,187	0.4%	$1.27	—	—	01609WBG6
BIRK	BIRKENSTOCK HOLDING PLC	200,000	$9,050	0.4%	$51.40	-17.6%	—	M2029K104
—	WULF 1.000 09/01/31 CVT	7,500,000	$8,939	0.4%	$1.19	—	—	88080TAC8
—	TYLER TEX INDPT SCH DIST	7,500,000	$8,220	0.4%	$1.19	—	—	902252AB1
GDS	GDS HLDGS LTD	200,000	$7,740	0.3%	$30.57	—	—	36165L108
ONDS	ONDAS HLDGS INC	1,000,000	$7,720	0.3%	$4.15	+93.6%	—	68236H204
KC	KINGSOFT CLOUD HLDGS LTD	500,000	$7,460	0.3%	$12.52	—	—	49639K101
DMIIU	DRUGS MADE IN AMER ACQ II CO	750,000	$7,459	0.3%	$9.95	—	—	G2851K120
—	AVT 1.750 09/01/30 CVT PUT	7,000,000	$7,080	0.3%	$1.01	—	—	053807AY9
—	NABORS ENERGY TRANSITION COR	599,800	$6,724	0.3%	$10.18	—	—	G6363K106
—	LHAG 09/10/32 CVT PUT	5,500,000	$6,318	0.3%	$1.15	—	—	YL8582642
AHL	ASPEN INSURANCE HOLDINGS LTD	165,000	$6,057	0.3%	$33.33	+10.6%	—	G05384501
AMSC	AMERICAN SUPERCONDUCTOR CORP	100,000	$5,939	0.3%	$24.58	+75.9%	—	030111207
—	CYTK 1.750 10/01/31 CVT	5,000,000	$5,691	0.3%	$1.14	—	—	23282WAD2
—	OSCR 2.250 09/01/30 CVT	5,000,000	$5,479	0.2%	$1.10	—	—	687793AD1
HGV	HILTON GRAND VACATIONS INC	125,000	$5,226	0.2%	$46.03	-7.7%	—	43283X105
CTRE	CARETRUST REIT INC	150,000	$5,202	0.2%	$34.68	—	—	14174T107
BACQ	BLEICHROEDER ACQUISITION COR	500,000	$5,195	0.2%	$9.95	+9.3%	—	G1169T104
—	CERCA 2.250 08/14/30 CVT PUT	5,000,000	$4,944	0.2%	$0.99	—	—	YM7007433
—	EEFT 0.625 10/01/30 CVT	5,000,000	$4,757	0.2%	$0.95	—	—	298736AM1
—	SCHN 1.250 09/23/33 CVT	4,000,000	$4,743	0.2%	$1.19	—	—	YK1745230
APLD	APPLIED DIGITAL CORP	197,000	$4,519	0.2%	$7.38	+290.5%	—	038169207
NWS	NEWS CORP NEW	126,148	$4,358	0.2%	$33.69	-11.5%	—	65249B208
SFNC	SIMMONS 1ST NATL CORP	225,000	$4,313	0.2%	$19.96	-7.2%	—	828730200
ZHEDIN 0 01/24/29	ZHDIG 01/24/29 CVT PUT	2,500,000	$4,240	0.2%	$1.70	—	—	G989AVAA5
BLZRU	TRAILBLAZER ACQUISITION CORP	400,000	$4,100	0.2%	$10.25	—	—	G9009S129
—	NCLH 0.750 09/15/30 CVT	3,500,000	$3,538	0.2%	$1.01	—	—	62886HBW0
DOLE	DOLE PLC	250,000	$3,360	0.2%	$14.03	-0.7%	—	G27907107
CRBG	COREBRIDGE FINL INC	100,000	$3,205	0.1%	$33.71	-9.4%	—	21871X109
ZVIA	ZEVIA PBC	1,100,000	$2,992	0.1%	$2.81	-11.7%	—	98955K104
LUCD	LUCID DIAGNOSTICS INC	2,960,066	$2,990	0.1%	$1.09	+2.4%	—	54948X109
HE	HAWAIIAN ELEC INDUSTRIES	250,000	$2,760	0.1%	$12.39	-6.5%	—	419870100
SRAD	SPORTRADAR GROUP AG	100,000	$2,690	0.1%	$28.08	—	—	H8088L103
—	MIRX 10/01/31 CVT	2,500,000	$2,676	0.1%	$1.07	—	—	60471AAC5
FCRS/U	FUTURECREST ACQUISITION CORP	250,000	$2,650	0.1%	$10.60	—	—	G3730U123
FWRG	FIRST WATCH RESTAURANT GROUP	160,893	$2,516	0.1%	$17.43	-3.3%	—	33748L101
CHECU	CHENGHE ACQUISITION III CO	225,000	$2,246	0.1%	$9.98	—	—	G2086N113
NSPR	INSPIREMD INC	921,587	$2,221	0.1%	$2.43	-14.1%	—	45779A846
CON	CONCENTRA GROUP HOLDINGS PAR	100,000	$2,093	0.1%	$22.75	-12.3%	—	20603L102
LATAU	GALATA ACQUISITION CORP II	200,000	$1,996	0.1%	$9.98	—	—	G3R25N124
NTST	NETSTREIT CORP	100,000	$1,806	0.1%	$18.06	—	—	64119V303
SOC	SABLE OFFSHORE CORP	100,000	$1,746	0.1%	$23.26	-59.4%	—	78574H104
KRP	KIMBELL RTY PARTNERS LP	125,000	$1,686	0.1%	$14.00	—	—	49435R102
VG	VENTURE GLOBAL INC	100,000	$1,419	0.1%	$14.48	-42.6%	—	92333F101
BOW	BOWHEAD SPECIALTY HLDGS INC	50,000	$1,352	0.1%	$27.67	-4.1%	—	10240L102
MBVIU	M3-BRIGADE ACQUISITION VI CO	100,000	$1,012	0.0%	$10.12	—	—	G63221124
SDHC	SMITH DOUGLAS HOMES CORP	50,000	$883	0.0%	$28.04	-35.5%	—	83207R107
WYFI	WHITEFIBER INC	25,000	$679	0.0%	$19.54	+26.5%	—	G96115103
MBX	MBX BIOSCIENCES INC	38,250	$669	0.0%	$13.37	+81.5%	—	55287L101
LITS	LITE STRATEGY INC	250,000	$605	0.0%	$4.12	-54.2%	—	55279B301
EVTL	VERTICAL AEROSPACE LTD	100,000	$519	0.0%	$5.56	-8.9%	—	G9471C206
BBNX	BETA BIONICS INC	25,000	$497	0.0%	$18.64	+43.2%	—	08659B102
EVEX	EVE HLDG INC	100,000	$381	0.0%	$5.32	-17.3%	—	29970N104
STUB	STUBHUB HLDGS INC	20,000	$337	0.0%	$18.34	-14.3%	—	86384P109
HLLY	HOLLEY INC	45,686	$143	0.0%	$2.98	+20.9%	—	43538H103

Decreased Positions (37)

— BABA 09/15/32 CVT PUT 6.3%

Value ($000) $140,595 (-48.8%) Shares 136,500,000 (-43.1%) Est. Cost $1.14 Unrealized —

NBIS NEBIUS GROUP N.V. 2.1%

Value ($000) $48,130 (-73.3%) Shares 575,000 (-64.2%) Est. Cost $69.43 Unrealized +49.3%

NIO NIO INC 1.8%

Value ($000) $40,800 (-55.4%) Shares 8,000,000 (-33.3%) Est. Cost $7.62 Unrealized —

LOAR LOAR HOLDINGS INC 0.6%

Value ($000) $13,600 (-77.3%) Shares 200,000 (-73.3%) Est. Cost $85.47 Unrealized -14.7%

— BABA 07/09/32 CVT PUT 1.6%

Value ($000) $35,024 (-55.8%) Shares 255,000,000 (-48.5%) Est. Cost $0.16 Unrealized —

— CHPAC 09/18/30 CVT PUT 5.5%

Value ($000) $123,654 (-21.5%) Shares 900,000,000 (-26.2%) Est. Cost $0.13 Unrealized —

— NBIS 1.000 09/15/30 CVT 0.3%

Value ($000) $7,335 (-79.0%) Shares 7,500,000 (-75.0%) Est. Cost $1.16 Unrealized —

OKLO OKLO INC 0.3%

Value ($000) $7,176 (-74.3%) Shares 100,000 (-60.0%) Est. Cost $38.57 Unrealized +189.1%

SARO STANDARDAERO INC 0.3%

Value ($000) $5,736 (-72.0%) Shares 200,000 (-73.3%) Est. Cost $28.24 Unrealized -3.6%

— STRIVE INC 0.0%

Value ($000) $369 (-97.5%) Shares 500,000 (-95.5%) Est. Cost $1.35 Unrealized —

— PINGA 06/11/30 CVT PUT 3.8%

Value ($000) $84,473 (-14.4%) Shares 521,000,000 (-25.7%) Est. Cost $0.13 Unrealized —

TTAN SERVICETITAN INC 1.0%

Value ($000) $21,300 (-38.1%) Shares 200,000 (-41.4%) Est. Cost $106.29 Unrealized -8.1%

MIR MIRION TECHNOLOGIES INC 0.3%

Value ($000) $5,855 (-67.5%) Shares 250,000 (-67.7%) Est. Cost $21.62 Unrealized +15.4%

MMYT MAKEMYTRIP LIMITED MAURITIUS 0.9%

Value ($000) $20,530 (-34.2%) Shares 250,000 (-25.0%) Est. Cost $100.86 Unrealized -18.7%

— NBIS 2.750 09/15/32 CVT 0.9%

Value ($000) $19,064 (-34.4%) Shares 20,000,000 (-20.0%) Est. Cost $1.16 Unrealized —

CAI CARIS LIFE SCIENCES INC 1.0%

Value ($000) $22,807 (-28.1%) Shares 845,332 (-19.4%) Est. Cost $26.95 Unrealized +4.5%

SMA SMARTSTOP SELF STORAG REIT I 0.1%

Value ($000) $3,094 (-72.6%) Shares 100,000 (-66.7%) Est. Cost $36.23 Unrealized —

AS AMER SPORTS INC 0.4%

Value ($000) $9,338 (-46.3%) Shares 250,000 (-50.0%) Est. Cost $19.67 Unrealized +74.4%

WAY WAYSTAR HLDG CORP 0.5%

Value ($000) $11,463 (-39.5%) Shares 350,000 (-30.0%) Est. Cost $24.15 Unrealized +47.5%

SAIL SAILPOINT INC 0.1%

Value ($000) $3,035 (-69.5%) Shares 150,000 (-66.7%) Est. Cost $21.79 Unrealized -4.3%

— COIN 10/01/29 CVT 0.2%

Value ($000) $4,630 (-56.5%) Shares 5,000,000 (-50.0%) Est. Cost $1.06 Unrealized —

VNOM VIPER ENERGY INC 0.2%

Value ($000) $3,863 (-59.6%) Shares 100,000 (-60.0%) Est. Cost $38.10 Unrealized -0.6%

ARX ACCELERANT HOLDINGS 0.1%

Value ($000) $1,635 (-74.2%) Shares 100,000 (-76.5%) Est. Cost $23.42 Unrealized -39.9%

LB LANDBRIDGE COMPANY LLC 0.1%

Value ($000) $2,460 (-64.5%) Shares 50,219 (-61.4%) Est. Cost $52.68 Unrealized +10.4%

LINE LINEAGE INC 0.2%

Value ($000) $3,504 (-54.7%) Shares 100,100 (-50.0%) Est. Cost $75.08 Unrealized —

HSDT SOLANA CO 0.0%

Value ($000) $1,050 (-79.0%) Shares 363,319 (-50.0%) Est. Cost $9.16 Unrealized -27.9%

QXO QXO INC 0.2%

Value ($000) $3,858 (-49.4%) Shares 200,000 (-50.0%) Est. Cost $16.42 Unrealized +16.7%

TBBB BBB FOODS INC 0.1%

Value ($000) $3,339 (-50.5%) Shares 100,000 (-60.0%) Est. Cost $25.30 Unrealized +18.2%

NIQ NIQ GLOBAL INTELLIGENCE PLC 0.3%

Value ($000) $7,421 (-27.3%) Shares 450,000 (-30.8%) Est. Cost $17.40 Unrealized -15.9%

— KCCOP 1.750 07/10/30 CVT PUT 0.5%

Value ($000) $11,379 (-18.2%) Shares 10,000,000 (-16.7%) Est. Cost $1.16 Unrealized —

VOYG VOYAGER TECHNOLOGIES INC 0.1%

Value ($000) $1,961 (-56.1%) Shares 75,000 (-50.0%) Est. Cost $47.68 Unrealized -43.1%

SVV SAVERS VALUE VLG INC 0.0%

Value ($000) $934 (-71.8%) Shares 100,000 (-60.0%) Est. Cost $9.79 Unrealized +5.0%

DLO DLOCAL LTD 0.1%

Value ($000) $1,414 (-60.4%) Shares 100,000 (-60.0%) Est. Cost $12.71 Unrealized +11.0%

INGM INGRAM MICRO HLDG CORP 0.1%

Value ($000) $1,601 (-50.3%) Shares 75,000 (-50.0%) Est. Cost $22.45 Unrealized -3.4%

TTAM TITAN AMER SA 0.1%

Value ($000) $1,978 (-44.8%) Shares 120,000 (-50.0%) Est. Cost $13.97 Unrealized +12.0%

TWFG TWFG INC 0.1%

Value ($000) $1,439 (-47.6%) Shares 50,000 (-50.0%) Est. Cost $25.94 Unrealized +4.8%

GRDN GUARDIAN PHARMACY SVCS INC 0.1%

Value ($000) $1,505 (-42.6%) Shares 50,000 (-50.0%) Est. Cost $19.71 Unrealized +43.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	BABA 09/15/32 CVT PUT	136,500,000 (-43.1%)	$140,595 (-48.8%)	6.3%	$1.14	—	CONVERTIBLE BOND	YK0592740
NBIS	NEBIUS GROUP N.V.	575,000 (-64.2%)	$48,130 (-73.3%)	2.1%	$69.43	+49.3%	SHS CLASS A	N97284108
NIO	NIO INC	8,000,000 (-33.3%)	$40,800 (-55.4%)	1.8%	$7.62	—	SPON ADS	62914V106
LOAR	LOAR HOLDINGS INC	200,000 (-73.3%)	$13,600 (-77.3%)	0.6%	$85.47	-14.7%	COM SHS	53947R105
—	BABA 07/09/32 CVT PUT	255,000,000 (-48.5%)	$35,024 (-55.8%)	1.6%	$0.16	—	CONVERTIBLE BOND	YM0158654
—	CHPAC 09/18/30 CVT PUT	900,000,000 (-26.2%)	$123,654 (-21.5%)	5.5%	$0.13	—	CONVERTIBLE BOND	YK0477157
—	NBIS 1.000 09/15/30 CVT	7,500,000 (-75.0%)	$7,335 (-79.0%)	0.3%	$1.16	—	CONVERTIBLE BOND	63954QAE6
OKLO	OKLO INC	100,000 (-60.0%)	$7,176 (-74.3%)	0.3%	$38.57	+189.1%	COM CL A	02156V109
SARO	STANDARDAERO INC	200,000 (-73.3%)	$5,736 (-72.0%)	0.3%	$28.24	-3.6%	COM	85423L103
—	STRIVE INC	500,000 (-95.5%)	$369 (-97.5%)	0.0%	$1.35	—	CL A COM	862945102
—	PINGA 06/11/30 CVT PUT	521,000,000 (-25.7%)	$84,473 (-14.4%)	3.8%	$0.13	—	CONVERTIBLE BOND	YN1128530
TTAN	SERVICETITAN INC	200,000 (-41.4%)	$21,300 (-38.1%)	1.0%	$106.29	-8.1%	SHS CL A	81764X103
MIR	MIRION TECHNOLOGIES INC	250,000 (-67.7%)	$5,855 (-67.5%)	0.3%	$21.62	+15.4%	COM CL A	60471A101
MMYT	MAKEMYTRIP LIMITED MAURITIUS	250,000 (-25.0%)	$20,530 (-34.2%)	0.9%	$100.86	-18.7%	SHS	V5633W109
—	NBIS 2.750 09/15/32 CVT	20,000,000 (-20.0%)	$19,064 (-34.4%)	0.9%	$1.16	—	CONVERTIBLE BOND	63954QAF3
CAI	CARIS LIFE SCIENCES INC	845,332 (-19.4%)	$22,807 (-28.1%)	1.0%	$26.95	+4.5%	COM	142152107
SMA	SMARTSTOP SELF STORAG REIT I	100,000 (-66.7%)	$3,094 (-72.6%)	0.1%	$36.23	—	COMMON STOCK	83192D402
AS	AMER SPORTS INC	250,000 (-50.0%)	$9,338 (-46.3%)	0.4%	$19.67	+74.4%	COM SHS	G0260P102
WAY	WAYSTAR HLDG CORP	350,000 (-30.0%)	$11,463 (-39.5%)	0.5%	$24.15	+47.5%	COM	946784105
SAIL	SAILPOINT INC	150,000 (-66.7%)	$3,035 (-69.5%)	0.1%	$21.79	-4.3%	COM	78781J109
—	COIN 10/01/29 CVT	5,000,000 (-50.0%)	$4,630 (-56.5%)	0.2%	$1.06	—	CONVERTIBLE BOND	19260QAG2
VNOM	VIPER ENERGY INC	100,000 (-60.0%)	$3,863 (-59.6%)	0.2%	$38.10	-0.6%	CL A	64361Q101
ARX	ACCELERANT HOLDINGS	100,000 (-76.5%)	$1,635 (-74.2%)	0.1%	$23.42	-39.9%	CL A	G00894108
LB	LANDBRIDGE COMPANY LLC	50,219 (-61.4%)	$2,460 (-64.5%)	0.1%	$52.68	+10.4%	CL A	514952100
LINE	LINEAGE INC	100,100 (-50.0%)	$3,504 (-54.7%)	0.2%	$75.08	—	COM	53566V106
HSDT	SOLANA CO	363,319 (-50.0%)	$1,050 (-79.0%)	0.0%	$9.16	-27.9%	COM CL A NEW	42328V876
QXO	QXO INC	200,000 (-50.0%)	$3,858 (-49.4%)	0.2%	$16.42	+16.7%	COM NEW	82846H405
TBBB	BBB FOODS INC	100,000 (-60.0%)	$3,339 (-50.5%)	0.1%	$25.30	+18.2%	CL A COM	G0896C103
NIQ	NIQ GLOBAL INTELLIGENCE PLC	450,000 (-30.8%)	$7,421 (-27.3%)	0.3%	$17.40	-15.9%	ORDINARY SHARES	G63755105
—	KCCOP 1.750 07/10/30 CVT PUT	10,000,000 (-16.7%)	$11,379 (-18.2%)	0.5%	$1.16	—	CONVERTIBLE BOND	YM0319504
VOYG	VOYAGER TECHNOLOGIES INC	75,000 (-50.0%)	$1,961 (-56.1%)	0.1%	$47.68	-43.1%	COM CL A	92892B103
SVV	SAVERS VALUE VLG INC	100,000 (-60.0%)	$934 (-71.8%)	0.0%	$9.79	+5.0%	COM	80517M109
DLO	DLOCAL LTD	100,000 (-60.0%)	$1,414 (-60.4%)	0.1%	$12.71	+11.0%	CLASS A COM	G29018101
INGM	INGRAM MICRO HLDG CORP	75,000 (-50.0%)	$1,601 (-50.3%)	0.1%	$22.45	-3.4%	COM	457152106
TTAM	TITAN AMER SA	120,000 (-50.0%)	$1,978 (-44.8%)	0.1%	$13.97	+12.0%	COMMON SHARES	B9151N105
TWFG	TWFG INC	50,000 (-50.0%)	$1,439 (-47.6%)	0.1%	$25.94	+4.8%	COM CL A	87318A101
GRDN	GUARDIAN PHARMACY SVCS INC	50,000 (-50.0%)	$1,505 (-42.6%)	0.1%	$19.71	+43.6%	CL A	40145W101

Unchanged Positions (73)

FWDI FORWARD INDS INC N Y 0.4%

Value ($000) $8,932 Shares 1,351,352 Est. Cost $16.47 Unrealized -22.1%

GLXY GALAXY DIGITAL INC. 0.5%

Value ($000) $11,180 Shares 500,000 Est. Cost $20.30 Unrealized +52.6%

BABA ALIBABA GROUP HLDG LTD 0.7%

Value ($000) $14,658 Shares 100,000 Est. Cost $178.73 Unrealized —

KTOS KRATOS DEFENSE & SEC SOLUTIO 0.7%

Value ($000) $15,182 Shares 200,000 Est. Cost $36.21 Unrealized +126.1%

ZONE CLEANCORE SOLUTIONS INC 0.0%

Value ($000) $1,040 Shares 4,000,000 Est. Cost $3.59 Unrealized -76.6%

FIG FIGMA INC 0.3%

Value ($000) $7,474 Shares 200,000 Est. Cost $68.66 Unrealized -34.2%

BLSH BULLISH 0.2%

Value ($000) $4,166 Shares 110,000 Est. Cost $61.33 Unrealized -20.6%

CRCL CIRCLE INTERNET GROUP INC 0.2%

Value ($000) $3,965 Shares 50,000 Est. Cost $162.91 Unrealized -36.6%

VIA VIA TRANSN INC 0.1%

Value ($000) $2,901 Shares 100,000 Est. Cost $49.48 Unrealized -16.6%

MP MP MATERIALS CORP 0.2%

Value ($000) $5,052 Shares 100,000 Est. Cost $62.91 Unrealized +0.8%

WBI WATERBRIDGE INFRASTRUCTURE L 0.3%

Value ($000) $6,003 Shares 300,000 Est. Cost $23.45 Unrealized -1.0%

SLDE SLIDE INS HLDGS INC 0.3%

Value ($000) $7,792 Shares 400,000 Est. Cost $21.55 Unrealized -22.6%

PRMB PRIMO BRANDS CORPORATION 0.2%

Value ($000) $4,088 Shares 250,000 Est. Cost $32.44 Unrealized -43.0%

NTSK NETSKOPE INC 0.2%

Value ($000) $4,385 Shares 250,000 Est. Cost $23.79 Unrealized -12.3%

CHYM CHIME FINL INC 0.3%

Value ($000) $5,663 Shares 225,000 Est. Cost $32.95 Unrealized -35.5%

FLY FIREFLY AEROSPACE INC 0.2%

Value ($000) $3,579 Shares 160,000 Est. Cost $44.96 Unrealized -48.5%

MH MCGRAW HILL INC 0.2%

Value ($000) $4,125 Shares 250,000 Est. Cost $14.51 Unrealized +0.0%

GEMI GEMINI SPACE STA INC 0.0%

Value ($000) $694 Shares 70,000 Est. Cost $25.81 Unrealized -39.6%

FIGR FIGURE TECHNOLOGY SOLUTIO 0.4%

Value ($000) $8,168 Shares 200,000 Est. Cost $38.84 Unrealized +3.0%

AHR AMERICAN HEALTHCARE REIT INC 0.3%

Value ($000) $7,059 Shares 150,000 Est. Cost $19.61 Unrealized —

FANG DIAMONDBACK ENERGY INC 0.7%

Value ($000) $15,033 Shares 100,000 Est. Cost $185.12 Unrealized -20.6%

MNTN MNTN INC 0.1%

Value ($000) $1,194 Shares 100,000 Est. Cost $23.00 Unrealized -37.4%

ETOR ETORO GROUP LTD 0.2%

Value ($000) $3,513 Shares 100,000 Est. Cost $64.04 Unrealized -39.7%

CHA CHAGEE HLDGS LTD 0.1%

Value ($000) $1,396 Shares 120,000 Est. Cost $26.11 Unrealized —

VICI VICI PPTYS INC 0.1%

Value ($000) $2,812 Shares 100,000 Est. Cost $28.11 Unrealized +4.3%

PTRN PATTERN GROUP INC 0.1%

Value ($000) $2,308 Shares 200,000 Est. Cost $13.94 Unrealized +4.5%

HTFL HEARTFLOW INC 0.1%

Value ($000) $2,186 Shares 75,000 Est. Cost $32.24 Unrealized -0.1%

— XTEPI 1.500 02/18/26 CVT 0.3%

Value ($000) $7,191 Shares 56,000,000 Est. Cost $0.13 Unrealized —

CCCX CHURCHILL CAP CORP X 0.0%

Value ($000) $1,000 Shares 100,000 Est. Cost $12.86 Unrealized —

FLOC FLOWCO HLDGS INC 0.1%

Value ($000) $1,312 Shares 70,000 Est. Cost $25.91 Unrealized -36.0%

PL PLANET LABS PBC 0.0%

Value ($000) $789 Shares 40,000 Est. Cost $9.47 Unrealized +51.3%

— JLMAG 1.750 08/04/30 CVT PUT 0.1%

Value ($000) $3,021 Shares 3,000,000 Est. Cost $1.10 Unrealized —

KRMN KARMAN HLDGS INC 0.7%

Value ($000) $16,463 Shares 225,000 Est. Cost $32.27 Unrealized +124.4%

HNGE HINGE HEALTH INC 0.2%

Value ($000) $3,484 Shares 75,000 Est. Cost $40.42 Unrealized +19.1%

ATAT ATOUR LIFESTYLE HLDGS LTD 0.2%

Value ($000) $3,940 Shares 100,000 Est. Cost $18.12 Unrealized —

JCAP JEFFERSON CAPITAL INC 0.0%

Value ($000) $782 Shares 35,000 Est. Cost $18.66 Unrealized +8.3%

BRCB BLACK ROCK COFFEE BAR INC 0.1%

Value ($000) $2,448 Shares 110,000 Est. Cost $26.13 Unrealized -11.3%

ANSC AGRICULTURE & NAT SOL ACQ CO 0.3%

Value ($000) $6,702 Shares 600,000 Est. Cost $10.13 Unrealized +9.4%

TACH TITAN ACQUISITION CORP 0.5%

Value ($000) $10,260 Shares 1,000,000 Est. Cost $10.05 Unrealized +1.7%

BCSS/U BAIN CAP GSS INVT CORP 0.5%

Value ($000) $10,220 Shares 1,000,000 Est. Cost $10.09 Unrealized —

ASIC ATEGRITY SPECIALTY IN CO HO 0.1%

Value ($000) $2,101 Shares 100,000 Est. Cost $22.88 Unrealized -17.4%

INR INFINITY NAT RES INC 0.0%

Value ($000) $1,105 Shares 75,000 Est. Cost $18.74 Unrealized -30.0%

FTW EQV VENTURES ACQUISITION COR 0.5%

Value ($000) $10,490 Shares 1,000,000 Est. Cost $9.93 Unrealized +5.2%

CEPT CANTOR EQUITY PARTNERS II IN 0.1%

Value ($000) $1,689 Shares 150,000 Est. Cost $11.29 Unrealized -0.1%

— LOGCO 6.950 08/04/26 CVT PUT 0.0%

Value ($000) $752 Shares 56,000,000 Est. Cost $0.02 Unrealized —

ATII ARCHIMEDES TECH SPAC PARTNER 0.4%

Value ($000) $8,288 Shares 800,000 Est. Cost $10.08 Unrealized +2.6%

NTWO NEWBURY STR II ACQUISITION C 0.4%

Value ($000) $9,937 Shares 950,000 Est. Cost $9.99 Unrealized +4.0%

NPAC NEW PROVIDENCE ACQUISITION C 0.5%

Value ($000) $10,260 Shares 1,000,000 Est. Cost $10.35 Unrealized -0.9%

SFD SMITHFIELD FOODS INC 0.1%

Value ($000) $1,675 Shares 75,000 Est. Cost $19.54 Unrealized +12.0%

EVAC/U EQV VENTURES AC CORP. II 0.4%

Value ($000) $8,088 Shares 800,000 Est. Cost $10.01 Unrealized —

OACC OAKTREE ACQUISITION CORP III 0.2%

Value ($000) $4,784 Shares 450,000 Est. Cost $10.04 Unrealized +5.4%

BLUW BLUE WTR ACQUISITION CORP. I 0.1%

Value ($000) $2,064 Shares 200,000 Est. Cost $9.97 Unrealized +1.6%

OBA OXLEY BRIDGE ACQ LTD 0.2%

Value ($000) $5,030 Shares 500,000 Est. Cost $9.94 Unrealized +0.8%

CAEP CANTOR EQUITY PARTNERS III I 0.2%

Value ($000) $5,100 Shares 500,000 Est. Cost $10.53 Unrealized -1.5%

CCIX CHURCHILL CAPITAL CORP IX 0.2%

Value ($000) $4,252 Shares 400,000 Est. Cost $10.02 Unrealized +6.3%

ALDF ALDEL FINL II INC 0.4%

Value ($000) $9,459 Shares 900,000 Est. Cost $9.92 Unrealized +5.8%

CARL CARLSMED INC 0.0%

Value ($000) $618 Shares 50,000 Est. Cost $13.67 Unrealized -2.6%

CEPF CANTOR EQUITY PARTNERS IV IN 0.2%

Value ($000) $3,598 Shares 350,000 Est. Cost $10.15 Unrealized +2.4%

PACH PIONEER ACQUISITION I CORP 0.1%

Value ($000) $2,515 Shares 250,000 Est. Cost $9.95 Unrealized +1.2%

OTGAU OTG ACQUISITION CORP. I 0.1%

Value ($000) $2,548 Shares 250,000 Est. Cost $10.07 Unrealized —

COSO COASTALSOUTH BANCSHARES INC 0.0%

Value ($000) $465 Shares 20,000 Est. Cost $21.58 Unrealized +2.9%

AMBQ AMBIQ MICRO INC 0.0%

Value ($000) $570 Shares 20,000 Est. Cost $36.46 Unrealized -21.4%

GTEN GORES HLDGS X INC 0.2%

Value ($000) $4,116 Shares 400,000 Est. Cost $10.24 Unrealized +0.9%

LWAC LIGHTWAVE ACQUISITION CORP 0.1%

Value ($000) $3,266 Shares 325,000 Est. Cost $9.97 Unrealized +0.8%

ONCHU 1RT ACQUISITION CORP. 0.1%

Value ($000) $2,600 Shares 250,000 Est. Cost $10.49 Unrealized —

— DWAHY 03/30/29 '29 CVT 0.0%

Value ($000) $272 Shares 40,000,000 Est. Cost $0.01 Unrealized —

PMTR PERIMETER ACQUISITION CORP I 0.2%

Value ($000) $5,140 Shares 500,000 Est. Cost $10.22 Unrealized +1.0%

PCAP PROCAP ACQUISITION CORP 0.0%

Value ($000) $1,013 Shares 100,000 Est. Cost $10.31 Unrealized -0.6%

FIGX FIGX CAP ACQUISITION CORP. 0.1%

Value ($000) $2,012 Shares 200,000 Est. Cost $10.00 Unrealized +0.6%

AVBH AVIDBANK HLDGS INC 0.0%

Value ($000) $266 Shares 10,000 Est. Cost $23.63 Unrealized +9.8%

CGCT CARTESIAN GROWTH CORP III 0.0%

Value ($000) $257 Shares 25,000 Est. Cost $10.01 Unrealized +1.3%

WENN WEN ACQUISITION CORP 0.1%

Value ($000) $2,020 Shares 200,000 Est. Cost $10.20 Unrealized -0.2%

HCMA HCM III ACQUISITION CORP 0.0%

Value ($000) $252 Shares 25,000 Est. Cost $10.10 Unrealized +0.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FWDI	FORWARD INDS INC N Y	1,351,352	$8,932	0.4%	$16.47	-22.1%	COM NEW	349862409
GLXY	GALAXY DIGITAL INC.	500,000	$11,180	0.5%	$20.30	+52.6%	CL A	36317J209
BABA	ALIBABA GROUP HLDG LTD	100,000	$14,658	0.7%	$178.73	—	SPONSORED ADS	01609W102
KTOS	KRATOS DEFENSE & SEC SOLUTIO	200,000	$15,182	0.7%	$36.21	+126.1%	COM NEW	50077B207
ZONE	CLEANCORE SOLUTIONS INC	4,000,000	$1,040	0.0%	$3.59	-76.6%	CLASS B COM SHS	184492106
FIG	FIGMA INC	200,000	$7,474	0.3%	$68.66	-34.2%	CLASS A COM STK	316841105
BLSH	BULLISH	110,000	$4,166	0.2%	$61.33	-20.6%	ORD SHS	G16910120
CRCL	CIRCLE INTERNET GROUP INC	50,000	$3,965	0.2%	$162.91	-36.6%	COM CL A	172573107
VIA	VIA TRANSN INC	100,000	$2,901	0.1%	$49.48	-16.6%	COM CL A	92556W104
MP	MP MATERIALS CORP	100,000	$5,052	0.2%	$62.91	+0.8%	COM CL A	553368101
WBI	WATERBRIDGE INFRASTRUCTURE L	300,000	$6,003	0.3%	$23.45	-1.0%	CL A SHS REPSTG	940923105
SLDE	SLIDE INS HLDGS INC	400,000	$7,792	0.3%	$21.55	-22.6%	COM	831349105
PRMB	PRIMO BRANDS CORPORATION	250,000	$4,088	0.2%	$32.44	-43.0%	CLASS A COM SHS	741623102
NTSK	NETSKOPE INC	250,000	$4,385	0.2%	$23.79	-12.3%	CL A	64119N608
CHYM	CHIME FINL INC	225,000	$5,663	0.3%	$32.95	-35.5%	COM SHS CL A	16935C109
FLY	FIREFLY AEROSPACE INC	160,000	$3,579	0.2%	$44.96	-48.5%	COM	31816X106
MH	MCGRAW HILL INC	250,000	$4,125	0.2%	$14.51	+0.0%	COM	580907103
GEMI	GEMINI SPACE STA INC	70,000	$694	0.0%	$25.81	-39.6%	CL A COM	36866J105
FIGR	FIGURE TECHNOLOGY SOLUTIO	200,000	$8,168	0.4%	$38.84	+3.0%	COM CL A	349381103
AHR	AMERICAN HEALTHCARE REIT INC	150,000	$7,059	0.3%	$19.61	—	COM SHS	398182303
FANG	DIAMONDBACK ENERGY INC	100,000	$15,033	0.7%	$185.12	-20.6%	COM	25278X109
MNTN	MNTN INC	100,000	$1,194	0.1%	$23.00	-37.4%	CL A	55318A108
ETOR	ETORO GROUP LTD	100,000	$3,513	0.2%	$64.04	-39.7%	SHS CL A	G32089107
CHA	CHAGEE HLDGS LTD	120,000	$1,396	0.1%	$26.11	—	SPONSORED ADS	15743P104
VICI	VICI PPTYS INC	100,000	$2,812	0.1%	$28.11	+4.3%	COM	925652109
PTRN	PATTERN GROUP INC	200,000	$2,308	0.1%	$13.94	+4.5%	COM SER A	70339W104
HTFL	HEARTFLOW INC	75,000	$2,186	0.1%	$32.24	-0.1%	COM	42238D107
—	XTEPI 1.500 02/18/26 CVT	56,000,000	$7,191	0.3%	$0.13	—	CONVERTIBLE BOND	YR4068270
CCCX	CHURCHILL CAP CORP X	100,000	$1,000	0.0%	$12.86	—	SHS CL A	G2130T108
FLOC	FLOWCO HLDGS INC	70,000	$1,312	0.1%	$25.91	-36.0%	COM CL A	342909108
PL	PLANET LABS PBC	40,000	$789	0.0%	$9.47	+51.3%	COM CL A	72703X106
—	JLMAG 1.750 08/04/30 CVT PUT	3,000,000	$3,021	0.1%	$1.10	—	CONVERTIBLE BOND	YM6853217
KRMN	KARMAN HLDGS INC	225,000	$16,463	0.7%	$32.27	+124.4%	COMMON STOCK	485924104
HNGE	HINGE HEALTH INC	75,000	$3,484	0.2%	$40.42	+19.1%	CL A	433313103
ATAT	ATOUR LIFESTYLE HLDGS LTD	100,000	$3,940	0.2%	$18.12	—	SPONSORED ADS	04965M106
JCAP	JEFFERSON CAPITAL INC	35,000	$782	0.0%	$18.66	+8.3%	COM	47248R103
BRCB	BLACK ROCK COFFEE BAR INC	110,000	$2,448	0.1%	$26.13	-11.3%	CL A	092244102
ANSC	AGRICULTURE & NAT SOL ACQ CO	600,000	$6,702	0.3%	$10.13	+9.4%	SHS CL A	G0131Y100
TACH	TITAN ACQUISITION CORP	1,000,000	$10,260	0.5%	$10.05	+1.7%	CL A	G8901A103
BCSS/U	BAIN CAP GSS INVT CORP	1,000,000	$10,220	0.5%	$10.09	—	UNIT 99/99/9999	G0R78B122
ASIC	ATEGRITY SPECIALTY IN CO HO	100,000	$2,101	0.1%	$22.88	-17.4%	COM	04681Y103
INR	INFINITY NAT RES INC	75,000	$1,105	0.0%	$18.74	-30.0%	COM CL A	456941103
FTW	EQV VENTURES ACQUISITION COR	1,000,000	$10,490	0.5%	$9.93	+5.2%	CL A ORD SHS	G3106N109
CEPT	CANTOR EQUITY PARTNERS II IN	150,000	$1,689	0.1%	$11.29	-0.1%	CL A ORD SHS	G1827P106
—	LOGCO 6.950 08/04/26 CVT PUT	56,000,000	$752	0.0%	$0.02	—	CONVERTIBLE BOND	BT8137494
ATII	ARCHIMEDES TECH SPAC PARTNER	800,000	$8,288	0.4%	$10.08	+2.6%	ORD SHS	G04537109
NTWO	NEWBURY STR II ACQUISITION C	950,000	$9,937	0.4%	$9.99	+4.0%	ORD SHS CL A	G6439S109
NPAC	NEW PROVIDENCE ACQUISITION C	1,000,000	$10,260	0.5%	$10.35	-0.9%	USD CL A ORD SHS	G6476A102
SFD	SMITHFIELD FOODS INC	75,000	$1,675	0.1%	$19.54	+12.0%	COM	832248207
EVAC/U	EQV VENTURES AC CORP. II	800,000	$8,088	0.4%	$10.01	—	UNIT 06/30/2032	G3106Q110
OACC	OAKTREE ACQUISITION CORP III	450,000	$4,784	0.2%	$10.04	+5.4%	SHS CL A	G6717R104
BLUW	BLUE WTR ACQUISITION CORP. I	200,000	$2,064	0.1%	$9.97	+1.6%	ORD SHS CL A	G1368E106
OBA	OXLEY BRIDGE ACQ LTD	500,000	$5,030	0.2%	$9.94	+0.8%	USD CL A ORD SHS	G6858G107
CAEP	CANTOR EQUITY PARTNERS III I	500,000	$5,100	0.2%	$10.53	-1.5%	SHS CL A	G1828A108
CCIX	CHURCHILL CAPITAL CORP IX	400,000	$4,252	0.2%	$10.02	+6.3%	CL A SHS	G21301109
ALDF	ALDEL FINL II INC	900,000	$9,459	0.4%	$9.92	+5.8%	CL A	G01558108
CARL	CARLSMED INC	50,000	$618	0.0%	$13.67	-2.6%	COM	14280C105
CEPF	CANTOR EQUITY PARTNERS IV IN	350,000	$3,598	0.2%	$10.15	+2.4%	SHS CL A	G1828E100
PACH	PIONEER ACQUISITION I CORP	250,000	$2,515	0.1%	$9.95	+1.2%	CL A ORD SHS	G7117W107
OTGAU	OTG ACQUISITION CORP. I	250,000	$2,548	0.1%	$10.07	—	UNIT 09/05/2030	G6791A126
COSO	COASTALSOUTH BANCSHARES INC	20,000	$465	0.0%	$21.58	+2.9%	COM NEW	19058X207
AMBQ	AMBIQ MICRO INC	20,000	$570	0.0%	$36.46	-21.4%	COMMON STOCK	023193105
GTEN	GORES HLDGS X INC	400,000	$4,116	0.2%	$10.24	+0.9%	SHS CL A	G4002F109
LWAC	LIGHTWAVE ACQUISITION CORP	325,000	$3,266	0.1%	$9.97	+0.8%	USD CL A ORD SHS	G5490M100
ONCHU	1RT ACQUISITION CORP.	250,000	$2,600	0.1%	$10.49	—	UNIT 06/26/2030	G6757R121
—	DWAHY 03/30/29 '29 CVT	40,000,000	$272	0.0%	$0.01	—	CONVERTIBLE BOND	ZF2943735
PMTR	PERIMETER ACQUISITION CORP I	500,000	$5,140	0.2%	$10.22	+1.0%	COM CL A	G7010A129
PCAP	PROCAP ACQUISITION CORP	100,000	$1,013	0.0%	$10.31	-0.6%	SHS CL A	G7257A105
FIGX	FIGX CAP ACQUISITION CORP.	200,000	$2,012	0.1%	$10.00	+0.6%	USD CL A ORD SHS	G3473K100
AVBH	AVIDBANK HLDGS INC	10,000	$266	0.0%	$23.63	+9.8%	COM	05368J103
CGCT	CARTESIAN GROWTH CORP III	25,000	$257	0.0%	$10.01	+1.3%	COM CL A	G19307100
WENN	WEN ACQUISITION CORP	200,000	$2,020	0.1%	$10.20	-0.2%	COM CL A	G9R39C103
HCMA	HCM III ACQUISITION CORP	25,000	$252	0.0%	$10.10	+0.7%	ORD SHS CL A	G4365E103