EVOLENT HEALTH INC

CUSIP: 30050BAJ0 Class: DEBT 4.500% 8/1

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (3)

AMERIPRISE FINANCIAL INC

Value ($000) $7,050 Shares 10,000,000

GOLDMAN SACHS GROUP INC

Value ($000) $3,173 Shares 4,500,000

NEW YORK STATE COMMON RETIREMENT FUND

Value ($000) $679 Shares 963,000

Institution	Shares	Value ($000)
AMERIPRISE FINANCIAL INC	10,000,000	$7,050
GOLDMAN SACHS GROUP INC	4,500,000	$3,173
NEW YORK STATE COMMON RETIREMENT FUND	963,000	$679

Increased Positions (6)

Arena Capital Advisors, LLC- CA

Value ($000) $21,030 (+20.5%) Shares 29,620,000 (+70.5%)

Context Capital Management, LLC

Value ($000) $7,242 (-40.9%) Shares 10,200,000 (+83506.6%)

ADVENT CAPITAL MANAGEMENT /DE/

Value ($000) $12,775 (-11.4%) Shares 17,588,000 (+22.5%)

BlueCrest Capital Management Ltd

Value ($000) $3,538 (+41.2%) Shares 4,969,000 (+98.8%)

TENOR CAPITAL MANAGEMENT Co., L.P.

Value ($000) $12,735 (-23.6%) Shares 17,500,000 (+6.1%)

Universal- Beteiligungs- und Servicegesellschaft mbH

Value ($000) $747 (-12.8%) Shares 1,025,000 (+20.6%)

Institution	Prev Shares	Curr Shares	Change
Arena Capital Advisors, LLC- CA	17,370,000	29,620,000	+12,250,000 (+70.5%)
Context Capital Management, LLC	12,200	10,200,000	+10,187,800 (+83506.6%)
ADVENT CAPITAL MANAGEMENT /DE/	14,361,000	17,588,000	+3,227,000 (+22.5%)
BlueCrest Capital Management Ltd	2,500,000	4,969,000	+2,469,000 (+98.8%)
TENOR CAPITAL MANAGEMENT Co., L.P.	16,500,000	17,500,000	+1,000,000 (+6.1%)
Universal- Beteiligungs- und Servicegesellschaft mbH	850,000	1,025,000	+175,000 (+20.6%)

Decreased Positions (5)

SILVERBACK ASSET MANAGEMENT LLC

Value ($000) $5,765 (-43.3%) Shares 8,149,000 (-19.7%)

CSS LLC/IL

Value ($000) $696 (-89.3%) Shares 1,025,000 (-84.2%)

CAMDEN ASSET MANAGEMENT L P /CA

Value ($000) $6,599 (-57.4%) Shares 9,485,000 (-38.8%)

WHITEBOX ADVISORS LLC

Value ($000) $8,108 (-47.7%) Shares 11,500,000 (-25.8%)

PALISADE CAPITAL MANAGEMENT, LP

Value ($000) $344 (-31.2%) Shares 484,000 (-3.2%)

Institution	Prev Shares	Curr Shares	Change
SILVERBACK ASSET MANAGEMENT LLC	10,149,000	8,149,000	-2,000,000 (-19.7%)
CSS LLC/IL	6,500,000	1,025,000	-5,475,000 (-84.2%)
CAMDEN ASSET MANAGEMENT L P /CA	15,500,000	9,485,000	-6,015,000 (-38.8%)
WHITEBOX ADVISORS LLC	15,500,000	11,500,000	-4,000,000 (-25.8%)
PALISADE CAPITAL MANAGEMENT, LP	500,000	484,000	-16,000 (-3.2%)

Exited Positions (5)

Monashee Investment Management LLC

Value ($000) $2,011 Shares 2,000,000

DeepCurrents Investment Group LLC

Value ($000) $2,007 Shares 2,000,000

Jump Financial, LLC

Value ($000) $3,014 Shares 3,000,000

GABELLI FUNDS LLC

Value ($000) $2,455 Shares 2,450,000

D. E. Shaw & Co., Inc.

Value ($000) $7,764 Shares 7,750,000

Institution	Prev Shares	Prev Value ($000)
Monashee Investment Management LLC	2,000,000	$2,011
DeepCurrents Investment Group LLC	2,000,000	$2,007
Jump Financial, LLC	3,000,000	$3,014
GABELLI FUNDS LLC	2,450,000	$2,455
D. E. Shaw & Co., Inc.	7,750,000	$7,764