UPSTART HLDGS INC

CUSIP: 91680MAD9 Class: NOTE 2.000%10/0

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (20)

LINDEN ADVISORS LP
Value ($000) $236,795 Shares 187,145,000
WHITEBOX ADVISORS LLC
Value ($000) $88,200 Shares 70,000,000
DeepCurrents Investment Group LLC
Value ($000) $23,641 Shares 18,778,000
ARISTEIA CAPITAL, L.L.C.
Value ($000) $7,590 Shares 6,000,000
NATIXIS
Value ($000) $27,036 Shares 20,934
ADVENT CAPITAL MANAGEMENT /DE/
Value ($000) $2,940 Shares 2,315,000
Jefferies Financial Group Inc.
Value ($000) $9,238 Shares 7,286,000
D. E. Shaw & Co., Inc.
Value ($000) $50,456 Shares 39,870,000
PALISADE CAPITAL MANAGEMENT, LP
Value ($000) $1,548 Shares 1,226,000
TWO SIGMA INVESTMENTS, LP
Value ($000) $6,300 Shares 5,000,000
BNP PARIBAS ARBITRAGE, SA
Value ($000) $11,690 Shares 9,278,000
Nuveen, LLC
Value ($000) $18,363 Shares 14,574,000
Virtus ETF Advisers LLC
Value ($000) $32 Shares 25,000
STATE STREET CORP
Value ($000) $10,692 Shares 8,407,000
Universal- Beteiligungs- und Servicegesellschaft mbH
Value ($000) $1,685 Shares 1,300,000
FMR LLC
Value ($000) $6,078 Shares 4,824,000
BlackRock, Inc.
Value ($000) $6,710 Shares 5,325,000
Invesco Ltd.
Value ($000) $3,150 Shares 2,500,000
Man Group plc
Value ($000) $903 Shares 700,000
LAZARD ASSET MANAGEMENT LLC
Value ($000) $73 Shares 5,782,000