PELOTON INTERACTIVE INC

CUSIP: 70614WAB6 Class: NOTE 2/1

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (3)

Value ($000) $615 Shares 624,000

JPMORGAN CHASE & CO

Value ($000) $394 Shares 400,000

Value ($000) $246 Shares 250,000

Institution	Shares	Value ($000)
UBS Group AG	624,000	$615
JPMORGAN CHASE & CO	400,000	$394
MORGAN STANLEY	250,000	$246

Increased Positions (1)

PIPER SANDLER & CO.

Value ($000) $4,900 (+400.0%) Shares 5,000,000 (+400.0%)

Institution	Prev Shares	Curr Shares	Change
PIPER SANDLER & CO.	1,000,000	5,000,000	+4,000,000 (+400.0%)

Decreased Positions (5)

OAKTREE CAPITAL MANAGEMENT LP

Value ($000) $553 (-58.5%) Shares 559,000 (-58.7%)

Russell Investments Group, Ltd.

Value ($000) $387 (-63.4%) Shares 390,000 (-63.8%)

PALISADE CAPITAL MANAGEMENT, LP

Value ($000) $1,161 (-5.2%) Shares 1,171,000 (-6.3%)

LAZARD ASSET MANAGEMENT LLC

Value ($000) $341 (-7.9%) Shares 34,491,000 (-8.4%)

NEUBERGER BERMAN GROUP LLC

Value ($000) $1,596 (-1.0%) Shares 1,620,000 (-1.5%)

Institution	Prev Shares	Curr Shares	Change
OAKTREE CAPITAL MANAGEMENT LP	1,354,000	559,000	-795,000 (-58.7%)
Russell Investments Group, Ltd.	1,078,000	390,000	-688,000 (-63.8%)
PALISADE CAPITAL MANAGEMENT, LP	1,250,000	1,171,000	-79,000 (-6.3%)
LAZARD ASSET MANAGEMENT LLC	37,641,000	34,491,000	-3,150,000 (-8.4%)
NEUBERGER BERMAN GROUP LLC	1,645,000	1,620,000	-25,000 (-1.5%)

Exited Positions (1)

PRICE T ROWE ASSOCIATES INC /MD/

Value ($000) $0 Shares 400,000

Institution	Prev Shares	Prev Value ($000)
PRICE T ROWE ASSOCIATES INC /MD/	400,000	$0