ZIFF DAVIS INC

CUSIP: 48123VAH5 Class: DEBT 3.625% 3/0

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

MOORE CAPITAL MANAGEMENT, LP

Value ($000) $27,019 Shares 27,500,000

Jefferies Financial Group Inc.

Value ($000) $97 Shares 100,000

Institution	Shares	Value ($000)
MOORE CAPITAL MANAGEMENT, LP	27,500,000	$27,019
Jefferies Financial Group Inc.	100,000	$97

Increased Positions (6)

OAKTREE CAPITAL MANAGEMENT LP

Value ($000) $3,429 (+162.3%) Shares 3,496,000 (+158.8%)

D. E. Shaw & Co., Inc.

Value ($000) $31,373 (+20.1%) Shares 32,009,000 (+18.5%)

Russell Investments Group, Ltd.

Value ($000) $2,492 (+137.7%) Shares 2,511,000 (+132.1%)

BlackRock, Inc.

Value ($000) $3,209 (+24.0%) Shares 3,285,000 (+22.3%)

LAZARD ASSET MANAGEMENT LLC

Value ($000) $395 (+2.6%) Shares 40,279,000 (+1.3%)

Thrivent Financial for Lutherans

Value ($000) $5 (+27.7%) Shares 5,030,000 (+24.8%)

Institution	Prev Shares	Curr Shares	Change
OAKTREE CAPITAL MANAGEMENT LP	1,351,000	3,496,000	+2,145,000 (+158.8%)
D. E. Shaw & Co., Inc.	27,009,000	32,009,000	+5,000,000 (+18.5%)
Russell Investments Group, Ltd.	1,082,000	2,511,000	+1,429,000 (+132.1%)
BlackRock, Inc.	2,685,000	3,285,000	+600,000 (+22.3%)
LAZARD ASSET MANAGEMENT LLC	39,779,000	40,279,000	+500,000 (+1.3%)
Thrivent Financial for Lutherans	4,030,000	5,030,000	+1,000,000 (+24.8%)

Decreased Positions (4)

CAMDEN ASSET MANAGEMENT L P /CA

Value ($000) $19,248 (-45.6%) Shares 19,701,000 (-46.3%)

Value ($000) $6,537 (-26.3%) Shares 6,665,000 (-27.3%)

TENOR CAPITAL MANAGEMENT Co., L.P.

Value ($000) $64,620 (-11.2%) Shares 65,000,000 (-13.3%)

Value ($000) $1,691 (-11.4%) Shares 1,731,000 (-12.6%)

Institution	Prev Shares	Curr Shares	Change
CAMDEN ASSET MANAGEMENT L P /CA	36,701,000	19,701,000	-17,000,000 (-46.3%)
KIM, LLC	9,165,000	6,665,000	-2,500,000 (-27.3%)
TENOR CAPITAL MANAGEMENT Co., L.P.	75,000,000	65,000,000	-10,000,000 (-13.3%)
MORGAN STANLEY	1,981,000	1,731,000	-250,000 (-12.6%)

Exited Positions (4)

Ewing Morris & Co. Investment Partners Ltd.

Value ($000) $3,876 Shares 4,000,000

ARISTEIA CAPITAL, L.L.C.

Value ($000) $1,935 Shares 2,000,000

ROYAL BANK OF CANADA

Value ($000) $964 Shares 1,000,000

Bank of New York Mellon Corp

Value ($000) $193 Shares 200,000

Institution	Prev Shares	Prev Value ($000)
Ewing Morris & Co. Investment Partners Ltd.	4,000,000	$3,876
ARISTEIA CAPITAL, L.L.C.	2,000,000	$1,935
ROYAL BANK OF CANADA	1,000,000	$964
Bank of New York Mellon Corp	200,000	$193