STARWOOD PPTY TR INC

CUSIP: 85571BBA2 Class: NOTE 6.750% 7/1

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

Ovata Capital Management Ltd
Value ($000) $3,633 Shares 3,500,000
Goldstein Advisors, LLC
Value ($000) $13 Shares 13,000

Increased Positions (5)

Context Capital Management, LLC
Value ($000) $19,970 (-2.3%) Shares 19,262,000 (+99900.0%)
Portman Square Capital LLP
Value ($000) $18,662 (+10.0%) Shares 18,000,000 (+12.5%)
MILLENNIUM MANAGEMENT LLC
Value ($000) $24,793 (+8.6%) Shares 24,000,000 (+11.6%)
BANK OF AMERICA CORP /DE/
Value ($000) $1,191 (+101.2%) Shares 1,153,000 (+105.9%)
JPMORGAN CHASE & CO
Value ($000) $1,103 (+36.9%) Shares 1,060,000 (+39.5%)

Decreased Positions (5)

Laffer Tengler Investments, Inc.
Value ($000) $2,153 (+0.4%) Shares 1,962 (-90.0%)
Skaana Management L.P.
Value ($000) $4,842 (-18.5%) Shares 4,665,000 (-16.8%)
AMERIPRISE FINANCIAL INC
Value ($000) $10,330 (-11.2%) Shares 10,000,000 (-9.1%)
STATE STREET CORP
Value ($000) $8,377 (-2.4%) Shares 7,850,000 (-1.9%)
STIFEL FINANCIAL CORP
Value ($000) $21 (-2.3%) Shares 20,660 (-2.3%)

Exited Positions (4)

KIM, LLC
Value ($000) $2,945 Shares 2,776,000
Invesco Ltd.
Value ($000) $4,228 Shares 4,000,000
FRANKLIN RESOURCES INC
Value ($000) $1,159 Shares 1,093,000
BARCLAYS PLC
Value ($000) $94 Shares 88,000