H WORLD GROUP LTD

CUSIP: 44332NAB2 Class: NOTE 3.000% 5/0

Holders for Q4 2025 Position Changes for Q4 2025

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

Increased Positions (11)

WOLVERINE ASSET MANAGEMENT LLC

Value ($000) $61,336 (+98.1%) Shares 48,010,000 (+72.4%)

DAVIDSON KEMPNER CAPITAL MANAGEMENT LP

Value ($000) $57,285 (+29.3%) Shares 45,000,000 (+12.5%)

Sculptor Capital LP

Value ($000) $35,410 (+112.5%) Shares 27,750,000 (+85.0%)

Value ($000) $763,800 (+348826.4%) Shares 6,000,000 (+2900.0%)

Value ($000) $3,636 (+218692.1%) Shares 2,856,500 (+190333.3%)

JPMORGAN CHASE & CO

Value ($000) $32,353 (+30.9%) Shares 25,373,000 (+14.2%)

BlackRock, Inc.

Value ($000) $7,739 (+37.5%) Shares 6,079,000 (+19.7%)

WELLS FARGO & COMPANY/MN

Value ($000) $1,139 (+1606.3%) Shares 893,000 (+1388.3%)

STATE STREET CORP

Value ($000) $13,692 (+22.9%) Shares 10,697,000 (+7.5%)

LAZARD ASSET MANAGEMENT LLC

Value ($000) $298 (+258.4%) Shares 23,325,000 (+212.0%)

LORD, ABBETT & CO. LLC

Value ($000) $14 (+20.6%) Shares 11,141,000 (+5.0%)

Institution	Prev Shares	Curr Shares	Change
WOLVERINE ASSET MANAGEMENT LLC	27,849,000	48,010,000	+20,161,000 (+72.4%)
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP	40,000,000	45,000,000	+5,000,000 (+12.5%)
Sculptor Capital LP	15,000,000	27,750,000	+12,750,000 (+85.0%)
Amundi	200,000	6,000,000	+5,800,000 (+2900.0%)
UBS Group AG	1,500	2,856,500	+2,855,000 (+190333.3%)
JPMORGAN CHASE & CO	22,218,000	25,373,000	+3,155,000 (+14.2%)
BlackRock, Inc.	5,079,000	6,079,000	+1,000,000 (+19.7%)
WELLS FARGO & COMPANY/MN	60,000	893,000	+833,000 (+1388.3%)
STATE STREET CORP	9,947,000	10,697,000	+750,000 (+7.5%)
LAZARD ASSET MANAGEMENT LLC	7,477,000	23,325,000	+15,848,000 (+212.0%)
LORD, ABBETT & CO. LLC	10,615,000	11,141,000	+526,000 (+5.0%)

Decreased Positions (10)

Ovata Capital Management Ltd

Value ($000) $7,656 (-56.9%) Shares 6,000,000 (-62.5%)

ABN AMRO INVESTMENT SOLUTIONS

Value ($000) $512 (+15.3%) Shares 400 (-99.9%)

Jump Financial, LLC

Value ($000) $11,514 (-30.7%) Shares 9,000,000 (-40.0%)

Value ($000) $4,842 (-12.9%) Shares 3,796,000 (-24.1%)

Jefferies Financial Group Inc.

Value ($000) $2,559 (-61.5%) Shares 2,000,000 (-66.6%)

Value ($000) $33,504 (+12.7%) Shares 26,381,000 (-2.4%)

MILLENNIUM MANAGEMENT LLC

Value ($000) $83,540 (+6.5%) Shares 65,500,000 (-7.1%)

Value ($000) $256 (-24.1%) Shares 200,000 (-33.3%)

WELLINGTON MANAGEMENT GROUP LLP

Value ($000) $3,240 (-25.1%) Shares 2,530,000 (-34.4%)

Zurcher Kantonalbank (Zurich Cantonalbank)

Value ($000) $860 (-14.6%) Shares 675,000 (-25.0%)

Institution	Prev Shares	Curr Shares	Change
Ovata Capital Management Ltd	16,000,000	6,000,000	-10,000,000 (-62.5%)
ABN AMRO INVESTMENT SOLUTIONS	400,000	400	-399,600 (-99.9%)
Jump Financial, LLC	15,000,000	9,000,000	-6,000,000 (-40.0%)
CSS LLC/IL	5,000,000	3,796,000	-1,204,000 (-24.1%)
Jefferies Financial Group Inc.	5,994,000	2,000,000	-3,994,000 (-66.6%)
M&G PLC	27,019,000	26,381,000	-638,000 (-2.4%)
MILLENNIUM MANAGEMENT LLC	70,500,000	65,500,000	-5,000,000 (-7.1%)
DNCA FINANCE	300,000	200,000	-100,000 (-33.3%)
WELLINGTON MANAGEMENT GROUP LLP	3,855,000	2,530,000	-1,325,000 (-34.4%)
Zurcher Kantonalbank (Zurich Cantonalbank)	900,000	675,000	-225,000 (-25.0%)

Exited Positions (6)

ADVENT CAPITAL MANAGEMENT /DE/

Value ($000) $1,967 Shares 1,772,000

Value ($000) $13,936 Shares 12,580,000

Value ($000) $18,833 Shares 17,000,000

DEUTSCHE BANK AG\

Value ($000) $3,308 Shares 2,986,000

BANK OF AMERICA CORP /DE/

Value ($000) $859 Shares 775,000

Russell Investments Group, Ltd.

Value ($000) $102 Shares 91,000

Institution	Prev Shares	Prev Value ($000)
ADVENT CAPITAL MANAGEMENT /DE/	1,772,000	$1,967
CITIGROUP INC	12,580,000	$13,936
Nuveen, LLC	17,000,000	$18,833
DEUTSCHE BANK AG\	2,986,000	$3,308
BANK OF AMERICA CORP /DE/	775,000	$859
Russell Investments Group, Ltd.	91,000	$102