# EDGAR Filing Document

**Accession Number:** 0001274419
**File Stem:** 0001274419-25-000021
**Filing Date:** 2025-8
**Character Count:** 41368
**Document Hash:** 21675c078789b2a2d442cb1bdc519da9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001274419-25-000021.hdr.sgml**: 20250807

**ACCESSION NUMBER**: 0001274419-25-000021

**CONFORMED SUBMISSION TYPE**: 13F-HR/A

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250807

**DATE AS OF CHANGE**: 20250807

**EFFECTIVENESS DATE**: 20250807

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CREDIT INDUSTRIEL ET COMMERCIAL
- **CENTRAL INDEX KEY:** 0001274419

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 13F-HR/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25196
- **FILM NUMBER:** 251191738

**BUSINESS ADDRESS:**
- **STREET 1:** 6 AVE. DE PROVENCE
- **CITY:** PARIS FRANCE
- **STATE:** I0
- **ZIP:** 75009
- **BUSINESS PHONE:** 01133142667256

**MAIL ADDRESS:**
- **STREET 1:** 6 AVE. DE PROVENCE
- **CITY:** PARIS FRANCE
- **STATE:** I0
- **ZIP:** 75009

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [x] **Amendment Number:** 1

**This Amendment (Check only one.):** [x] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** CREDIT INDUSTRIEL ET COMMERCIAL<br>**Address:** 6 AVE. DE PROVENCE<br>PARIS FRANCE, I0 75009

**Form 13F File Number:** 028-25196

**CRD Number (if applicable):** 000169820

**SEC File Number (if applicable):** 801-10701

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Benoit Piscione<br>**Title:** Risk Director<br>**Phone:** 0033153487624

**Signature, Place, and Date of Signing:**

Benoit Piscione  Paris, I0  08-07-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[ ] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[x] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 376

**Form 13F Information Table Value Total:** $1167456889

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

|   No. | Name                                   | Form 13F File Number   | CRD Number   | SEC File Number   |
|---:|:---|:---|:---|:---|
|     1 | Banque Transatlantique SA              | 028-25250              |  |  |
|     2 | TRANSATLANTIQUE PRIVATE WEALTH LLC     | 028-22581              | 000169820    | 801-10701         |
|     3 | Banque de Luxembourg S.A.              | 028-25248              |  |  |
|     4 | BLI - Banque de Luxembourg Investments | 028-25159              |  |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 24808 | 83 | SH |  | DFND | 1 | 83 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 59778 | 200 | SH | Put | DFND | 1 | 200 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 727947 | 5130 | SH |  | DFND | 1 | 5130 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 7804500 | 55000 | SH | Put | DFND | 1 | 55000 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 896206 | 6772 | SH |  | DFND | 1 | 6772 | 0 | 0 |
| AIRBNB INC | NOTE 3/1 | 009066AB7 |  | 22276489 | 23000000 | PRN |  | DFND | 1 | 23000000 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 1654250 | 12500 | SH | Put | DFND | 1 | 12500 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | NOTE 0.375% 9/0 | 00971TAL5 |  | 2848500 | 3000000 | PRN |  | DFND | 1 | 3000000 | 0 | 0 |
| AKOYA BIOSCIENCES INC | COM | 00974H104 |  | 221000 | 170000 | SH |  | DFND | 1 | 170000 | 0 | 0 |
| ALBEMARLE CORP | 7.25% DEP SHS A | 012653200 |  | 7224750 | 225000 | SH |  | DFND | 1 | 225000 | 0 | 0 |
| ALBERTSONS COS INC | COMMON STOCK | 013091103 |  | 215100 | 10000 | SH |  | DFND | 1 | 10000 | 0 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 4987511 | 56756 | SH |  | DFND | 1 | 56756 | 0 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 12469655 | 141900 | SH | Put | DFND | 1 | 141900 | 0 | 0 |
| ALGONQUIN PWR UTILS CORP | COM | 015857105 |  | 744900 | 130000 | SH |  | DFND | 1 | 130000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | NOTE 0.500% 6/0 | 01609WBG6 |  | 3156250 | 2500000 | PRN |  | DFND | 1 | 2500000 | 0 | 0 |
| ALLETE INC | COM NEW | 018522300 |  | 10182325 | 158925 | SH |  | DFND | 1 | 158925 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 1384610 | 6878 | SH |  | DFND | 1 | 6878 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 2013100 | 10000 | SH | Put | DFND | 1 | 10000 | 0 | 0 |
| ALPHA TEKNOVA INC | COM | 02080L102 |  | 9820 | 2000 | SH |  | DFND | 1 | 2000 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 32734131 | 184532 | SH |  | DFND | 1 | 184532 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 6386040 | 36000 | SH | Put | DFND | 1 | 36000 | 0 | 0 |
| ALUMIS INC | COM | 022307102 |  | 1161006 | 387002 | SH |  | DFND | 1 | 387002 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 21211503 | 96684 | SH |  | DFND | 1 | 96684 | 0 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 242677 | 21629 | SH |  | DFND | 1 | 21629 | 0 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 1122000 | 100000 | SH | Put | DFND | 1 | 100000 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 1690594 | 5300 | SH | Put | DFND | 1 | 5300 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 1909171 | 22306 | SH |  | DFND | 1 | 22306 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 6085449 | 71100 | SH | Put | DFND | 1 | 71100 | 0 | 0 |
| AMRIZE LTD | SHS | H2927K103 |  | 109101 | 2202 | SH |  | DFND | 1 | 2202 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 407966 | 1714 | SH |  | DFND | 1 | 1714 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 2380200 | 10000 | SH | Put | DFND | 1 | 10000 | 0 | 0 |
| ANSYS INC | COM | 03662Q105 |  | 7287815 | 20750 | SH |  | DFND | 1 | 20750 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 6552719 | 31938 | SH |  | DFND | 1 | 31938 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 11961411 | 58300 | SH | Put | DFND | 1 | 58300 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | 6.75 SE B PFD | 03990B309 |  | 33606250 | 625000 | SH |  | DFND | 1 | 625000 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 248756 | 1538 | SH |  | DFND | 1 | 1538 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 1617400 | 10000 | SH | Put | DFND | 1 | 10000 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 363435 | 1174 | SH |  | DFND | 1 | 1174 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 2074119 | 6700 | SH | Put | DFND | 1 | 6700 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 1392426 | 4515 | SH |  | DFND | 1 | 4515 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 3084000 | 10000 | SH | Put | DFND | 1 | 10000 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 657065 | 177 | SH |  | DFND | 1 | 177 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 1856115 | 500 | SH | Put | DFND | 1 | 500 | 0 | 0 |
| AVIDXCHANGE HOLDINGS INC | COM | 05368X102 |  | 1468500 | 150000 | SH |  | DFND | 1 | 150000 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 417282 | 504 | SH |  | DFND | 1 | 504 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 2483820 | 3000 | SH | Put | DFND | 1 | 3000 | 0 | 0 |
| AZEK CO INC | CL A | 05478C105 |  | 333220 | 6131 | SH |  | DFND | 1 | 6131 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 709800 | 15000 | SH | Put | DFND | 1 | 15000 | 0 | 0 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 311668 | 46797 | SH |  | DFND | 1 | 46797 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 2199515 | 40013 | SH |  | DFND | 1 | 40013 | 0 | 0 |
| BIRKENSTOCK HOLDING PLC | COM SHS | M2029K104 |  | 684635 | 13921 | SH |  | DFND | 1 | 13921 | 0 | 0 |
| BIRKENSTOCK HOLDING PLC | COM SHS | M2029K104 |  | 1450810 | 29500 | SH | Put | DFND | 1 | 29500 | 0 | 0 |
| BLACKBAUD INC | COM | 09227Q100 |  | 2126122 | 33112 | SH |  | DFND | 1 | 33112 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 6582 | 44 | SH |  | DFND | 1 | 44 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 14958 | 100 | SH | Put | DFND | 1 | 100 | 0 | 0 |
| BLOCK H  R INC | COM | 093671105 |  | 521071 | 9493 | SH |  | DFND | 1 | 9493 | 0 | 0 |
| BLOCK H  R INC | COM | 093671105 |  | 581834 | 10600 | SH | Put | DFND | 1 | 10600 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 645267 | 9499 | SH |  | DFND | 1 | 9499 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 1392565 | 20500 | SH | Put | DFND | 1 | 20500 | 0 | 0 |
| BLUEPRINT MEDICINES CORP | COM | 09627Y109 |  | 15490553 | 120850 | SH |  | DFND | 1 | 120850 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 272094 | 47 | SH |  | DFND | 1 | 47 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 2894620 | 500 | SH | Put | DFND | 1 | 500 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 779367 | 7256 | SH |  | DFND | 1 | 7256 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 1922639 | 17900 | SH | Put | DFND | 1 | 17900 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 413475 | 1500 | SH | Put | DFND | 1 | 1500 | 0 | 0 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 |  | 858438 | 25625 | SH |  | DFND | 1 | 25625 | 0 | 0 |
| BROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | G16258108 |  | 7053515 | 276500 | SH |  | DFND | 1 | 276500 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 1231984 | 3998 | SH |  | DFND | 1 | 3998 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 2311125 | 7500 | SH | Put | DFND | 1 | 7500 | 0 | 0 |
| CANTALOUPE INC | COM | 138103106 |  | 1126255 | 102480 | SH |  | DFND | 1 | 102480 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 550836 | 2589 | SH |  | DFND | 1 | 2589 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 2021220 | 9500 | SH | Put | DFND | 1 | 9500 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 840000 | 5000 | SH | Put | DFND | 1 | 5000 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 541847 | 8062 | SH |  | DFND | 1 | 8062 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 672100 | 10000 | SH | Put | DFND | 1 | 10000 | 0 | 0 |
| CARNIVAL PLC | ADS | 14365C103 |  | 11608096 | 455041 | SH |  | DFND | 1 | 455041 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 1344371 | 3463 | SH |  | DFND | 1 | 3463 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 8346515 | 21500 | SH | Put | DFND | 1 | 21500 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 636640 | 6920 | SH |  | DFND | 1 | 6920 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 5060000 | 55000 | SH | Put | DFND | 1 | 55000 | 0 | 0 |
| CHEER HLDG INC | SHS CL A | G39973204 |  | 39370 | 26966 | SH |  | DFND | 1 | 26966 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1361920 | 16000 | SH | Put | DFND | 1 | 16000 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 2155111 | 27619 | SH |  | DFND | 1 | 27619 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 3768849 | 48300 | SH | Put | DFND | 1 | 48300 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1373101 | 38473 | SH |  | DFND | 1 | 38473 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 3925900 | 110000 | SH | Put | DFND | 1 | 110000 | 0 | 0 |
| COMERICA INC | COM | 200340107 |  | 399595 | 6699 | SH |  | DFND | 1 | 6699 | 0 | 0 |
| COMERICA INC | COM | 200340107 |  | 799310 | 13400 | SH | Put | DFND | 1 | 13400 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 122820 | 6000 | SH | Put | DFND | 1 | 6000 | 0 | 0 |
| CONFLUENT INC | CLASS A COM | 20717M103 |  | 24930 | 1000 | SH |  | DFND | 1 | 1000 | 0 | 0 |
| COUCHBASE INC | COM | 22207T101 |  | 3413200 | 140000 | SH |  | DFND | 1 | 140000 | 0 | 0 |
| CROSS CTRY HEALTHCARE INC | COM | 227483104 |  | 1737033 | 133106 | SH |  | DFND | 1 | 133106 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 1129553 | 34617 | SH |  | DFND | 1 | 34617 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 2913859 | 89300 | SH | Put | DFND | 1 | 89300 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 950733 | 2903 | SH |  | DFND | 1 | 2903 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 1735750 | 5300 | SH | Put | DFND | 1 | 5300 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 11418 | 85 | SH |  | DFND | 1 | 85 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 40299 | 300 | SH | Put | DFND | 1 | 300 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 1291056 | 2539 | SH |  | DFND | 1 | 2539 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 7118860 | 14000 | SH | Put | DFND | 1 | 14000 | 0 | 0 |
| DEUTSCHE BANK A G | NAMEN AKT | D18190898 |  | 123395 | 4183 | SH |  | DFND | 1 | 4183 | 0 | 0 |
| DEUTSCHE BANK A G | NAMEN AKT | D18190898 |  | 1740455 | 59000 | SH | Put | DFND | 1 | 59000 | 0 | 0 |
| DUN  BRADSTREET HLDGS INC | COM | 26484T106 |  | 9153903 | 1007030 | SH |  | DFND | 1 | 1007030 | 0 | 0 |
| E2OPEN PARENT HOLDINGS INC | COM CL A | 29788T103 |  | 3165400 | 980000 | SH |  | DFND | 1 | 980000 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 223980 | 3000 | SH |  | DFND | 1 | 3000 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 222338 | 2986 | SH |  | DFND | 1 | 2986 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 2248692 | 30200 | SH | Put | DFND | 1 | 30200 | 0 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 242559 | 10709 | SH |  | DFND | 1 | 10709 | 0 | 0 |
| ENSTAR GROUP LIMITED | SHS | G3075P101 |  | 4268408 | 12690 | SH |  | DFND | 1 | 12690 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 828122 | 26705 | SH |  | DFND | 1 | 26705 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 821765 | 26500 | SH | Put | DFND | 1 | 26500 | 0 | 0 |
| EQUINOX GOLD CORP | COM | 29446Y502 |  | 148919 | 25915 | SH |  | DFND | 1 | 25915 | 0 | 0 |
| ETSY INC | NOTE 0.250% 6/1 | 29786AAN6 |  | 3430320 | 4000000 | PRN |  | DFND | 1 | 4000000 | 0 | 0 |
| EVERI HLDGS INC | COM | 30034T103 |  | 3894241 | 273472 | SH |  | DFND | 1 | 273472 | 0 | 0 |
| FARO TECHNOLOGIES INC | COM | 311642102 |  | 13176 | 300 | SH |  | DFND | 1 | 300 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 |  | 1364986 | 2799 | SH |  | DFND | 1 | 2799 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 |  | 4876692 | 10000 | SH | Put | DFND | 1 | 10000 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 1261992 | 30683 | SH |  | DFND | 1 | 30683 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 2467800 | 60000 | SH | Put | DFND | 1 | 60000 | 0 | 0 |
| FOOT LOCKER INC | COM | 344849104 |  | 1470000 | 60000 | SH |  | DFND | 1 | 60000 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 2292735 | 211312 | SH |  | DFND | 1 | 211312 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 7599340 | 700400 | SH | Put | DFND | 1 | 700400 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 9313174 | 180383 | SH |  | DFND | 1 | 180383 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 15086 | 348 | SH |  | DFND | 1 | 348 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 52020 | 1200 | SH | Put | DFND | 1 | 1200 | 0 | 0 |
| FRONTIER COMMUNICATIONS PARE | COM | 35909D109 |  | 12938744 | 355460 | SH |  | DFND | 1 | 355460 | 0 | 0 |
| GAP INC | COM | 364760108 |  | 585599 | 26850 | SH |  | DFND | 1 | 26850 | 0 | 0 |
| GAP INC | COM | 364760108 |  | 2071950 | 95000 | SH | Put | DFND | 1 | 95000 | 0 | 0 |
| GDS HLDGS LTD | SPONSORED ADS | 36165L108 |  | 146461 | 4791 | SH |  | DFND | 1 | 4791 | 0 | 0 |
| GDS HLDGS LTD | SPONSORED ADS | 36165L108 |  | 611400 | 20000 | SH | Put | DFND | 1 | 20000 | 0 | 0 |
| GEN DIGITAL INC | RIGHT 99/99/9999 | 668771116 |  | 96451 | 11820 | SH |  | DFND | 1 | 11820 | 0 | 0 |
| GENERAC HLDGS INC | COM | 368736104 |  | 1139952 | 7960 | SH |  | DFND | 1 | 7960 | 0 | 0 |
| GENERAC HLDGS INC | COM | 368736104 |  | 2348644 | 16400 | SH | Put | DFND | 1 | 16400 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 207240 | 4000 | SH | Put | DFND | 1 | 4000 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 2252637 | 45776 | SH |  | DFND | 1 | 45776 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 6712244 | 136400 | SH | Put | DFND | 1 | 136400 | 0 | 0 |
| GLOBAL BLUE GROUP HOLDING AG | ORD SHS | H33700107 |  | 2610265 | 349433 | SH |  | DFND | 1 | 349433 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 849300 | 1200 | SH | Put | DFND | 1 | 1200 | 0 | 0 |
| GRIFOLS S A | SP ADR REP B NVT | 398438408 |  | 3270265 | 361755 | SH |  | DFND | 1 | 361755 | 0 | 0 |
| GUESS INC | COM | 401617105 |  | 572026 | 47314 | SH |  | DFND | 1 | 47314 | 0 | 0 |
| GUILD HLDGS CO | CL A | 40172N107 |  | 1581600 | 80000 | SH |  | DFND | 1 | 80000 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 1720683 | 84430 | SH |  | DFND | 1 | 84430 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 2038000 | 100000 | SH | Put | DFND | 1 | 100000 | 0 | 0 |
| HARBORONE BANCORP INC NEW | COM NEW | 41165Y100 |  | 3877573 | 331984 | SH |  | DFND | 1 | 331984 | 0 | 0 |
| HEICO CORP NEW | CL A | 422806208 |  | 4312328 | 16666 | SH |  | DFND | 1 | 16666 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | 7.625 MAND CONV | 42824C208 |  | 32648000 | 550000 | SH |  | DFND | 1 | 550000 | 0 | 0 |
| HEXCEL CORP NEW | COM | 428291108 |  | 564279 | 9989 | SH |  | DFND | 1 | 9989 | 0 | 0 |
| HEXCEL CORP NEW | COM | 428291108 |  | 2259600 | 40000 | SH | Put | DFND | 1 | 40000 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 981495 | 2677 | SH |  | DFND | 1 | 2677 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 2309832 | 6300 | SH | Put | DFND | 1 | 6300 | 0 | 0 |
| ICAD INC | COM NEW | 44934S206 |  | 1714500 | 450000 | SH |  | DFND | 1 | 450000 | 0 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 228920 | 6805 | SH |  | DFND | 1 | 6805 | 0 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 841000 | 25000 | SH | Put | DFND | 1 | 25000 | 0 | 0 |
| INHIBRX BIOSCIENCES INC | COM | 45720N103 |  | 916377 | 64217 | SH |  | DFND | 1 | 64217 | 0 | 0 |
| INOZYME PHARMA INC | COM | 45790W108 |  | 596796 | 149199 | SH |  | DFND | 1 | 149199 | 0 | 0 |
| INTEGRA RES CORP | COM | 45826T509 |  | 609719 | 404842 | SH |  | DFND | 1 | 404842 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 736950 | 2500 | SH | Put | DFND | 1 | 2500 | 0 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 390969 | 8361 | SH |  | DFND | 1 | 8361 | 0 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 528400 | 11300 | SH | Put | DFND | 1 | 11300 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 427683 | 543 | SH |  | DFND | 1 | 543 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 6301040 | 8000 | SH | Put | DFND | 1 | 8000 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 416185 | 2290 | SH |  | DFND | 1 | 2290 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 1817400 | 10000 | SH | Put | DFND | 1 | 10000 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 22065600 | 40000 | SH | Put | DFND | 1 | 40000 | 0 | 0 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 14284 | 199 | SH |  | DFND | 1 | 199 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 2313164 | 80179 | SH |  | DFND | 1 | 80179 | 0 | 0 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 1091056 | 15200 | SH | Put | DFND | 1 | 15200 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 11568850 | 401000 | SH | Put | DFND | 1 | 401000 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 562516 | 5147 | SH |  | DFND | 1 | 5147 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 354660 | 7352 | SH |  | DFND | 1 | 7352 | 0 | 0 |
| ISHARES TR | US HOME CONS ETF | 464288752 |  | 528367 | 5671 | SH |  | DFND | 1 | 5671 | 0 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 1135019 | 4755 | SH |  | DFND | 1 | 4755 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 1217703 | 5643 | SH |  | DFND | 1 | 5643 | 0 | 0 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 1698055 | 46193 | SH |  | DFND | 1 | 46193 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 1639350 | 15000 | SH | Put | DFND | 1 | 15000 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 2412000 | 50000 | SH | Put | DFND | 1 | 50000 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 9710550 | 45000 | SH | Put | DFND | 1 | 45000 | 0 | 0 |
| ISHARES TR | US HOME CONS ETF | 464288752 |  | 1863400 | 20000 | SH | Put | DFND | 1 | 20000 | 0 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 13009150 | 54500 | SH | Put | DFND | 1 | 54500 | 0 | 0 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 23188208 | 630800 | SH | Put | DFND | 1 | 630800 | 0 | 0 |
| JD.COM INC | NOTE 0.250% 6/0 | 47215PAJ5 |  | 6624800 | 6500000 | PRN |  | DFND | 1 | 6500000 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 1609152 | 49300 | SH | Put | DFND | 1 | 49300 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 528100 | 5000 | SH | Put | DFND | 1 | 5000 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 2029370 | 7000 | SH | Put | DFND | 1 | 7000 | 0 | 0 |
| JUNIPER NETWORKS INC | COM | 48203R104 |  | 8689527 | 217619 | SH |  | DFND | 1 | 217619 | 0 | 0 |
| KELLANOVA | COM | 487836108 |  | 47718 | 600 | SH |  | DFND | 1 | 600 | 0 | 0 |
| KKR  CO INC | 6.25 CON SER D | 48251W500 |  | 12408500 | 230000 | SH |  | DFND | 1 | 230000 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 645829 | 721 | SH |  | DFND | 1 | 721 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 2239350 | 2500 | SH | Put | DFND | 1 | 2500 | 0 | 0 |
| KRANESHARES TRUST | CSI CHI INTERNET | 500767306 |  | 1428094 | 41599 | SH |  | DFND | 1 | 41599 | 0 | 0 |
| KRANESHARES TRUST | CSI CHI INTERNET | 500767306 |  | 7895900 | 230000 | SH | Put | DFND | 1 | 230000 | 0 | 0 |
| LAMAR ADVERTISING CO NEW | CL A | 512816109 |  | 36044 | 297 | SH |  | DFND | 1 | 297 | 0 | 0 |
| LAMAR ADVERTISING CO NEW | CL A | 512816109 |  | 97088 | 800 | SH | Put | DFND | 1 | 800 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 1269471 | 11477 | SH |  | DFND | 1 | 11477 | 0 | 0 |
| LENSAR INC | COM | 52634L108 |  | 2220462 | 168600 | SH |  | DFND | 1 | 168600 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 85288 | 3146 | SH |  | DFND | 1 | 3146 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 338875 | 12500 | SH | Put | DFND | 1 | 12500 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER A | 530307107 |  | 6082306 | 66372 | SH |  | DFND | 1 | 66372 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL C | G61188127 |  | 5597897 | 542958 | SH |  | DFND | 1 | 542958 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S A | 531229771 |  | 3256083 | 34289 | SH |  | DFND | 1 | 34289 | 0 | 0 |
| LIFEWAY FOODS INC | COM | 531914109 |  | 327155 | 13272 | SH |  | DFND | 1 | 13272 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 1181864 | 2519 | SH |  | DFND | 1 | 2519 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 3331178 | 7100 | SH | Put | DFND | 1 | 7100 | 0 | 0 |
| LIONSGATE STUDIOS CORP | COM | 53626N102 |  | 1329130 | 228766 | SH |  | DFND | 1 | 228766 | 0 | 0 |
| LITHIUM AMERS CORP NEW | COM SHS | 53681J103 |  | 321600 | 120000 | SH |  | DFND | 1 | 120000 | 0 | 0 |
| LITHIUM ARGENTINA AG | COM SHS | H5012F103 |  | 187200 | 90000 | SH |  | DFND | 1 | 90000 | 0 | 0 |
| LOGITECH INTL S A | SHS | H50430232 |  | 2461701 | 27527 | SH |  | DFND | 1 | 27527 | 0 | 0 |
| LOGITECH INTL S A | SHS | H50430232 |  | 5705544 | 63800 | SH | Put | DFND | 1 | 63800 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 1386244 | 6248 | SH |  | DFND | 1 | 6248 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 2529318 | 11400 | SH | Put | DFND | 1 | 11400 | 0 | 0 |
| MAC COPPER LIMITED | ORD SHS | G60409110 |  | 2333370 | 193000 | SH |  | DFND | 1 | 193000 | 0 | 0 |
| MACYS INC | COM | 55616P104 |  | 244860 | 21000 | SH |  | DFND | 1 | 21000 | 0 | 0 |
| MAG SILVER CORP | COM | 55903Q104 |  | 15168876 | 717180 | SH |  | DFND | 1 | 717180 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 695593 | 2546 | SH |  | DFND | 1 | 2546 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 1967112 | 7200 | SH | Put | DFND | 1 | 7200 | 0 | 0 |
| MARRIOTT VACATIONS WORLDWIDE | NOTE 3.250%12/1 | 57164YAF4 |  | 2328250 | 2500000 | PRN |  | DFND | 1 | 2500000 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 402635 | 5202 | SH |  | DFND | 1 | 5202 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 1161000 | 15000 | SH | Put | DFND | 1 | 15000 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 296313 | 4604 | SH |  | DFND | 1 | 4604 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 456956 | 7100 | SH | Put | DFND | 1 | 7100 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 381557 | 679 | SH |  | DFND | 1 | 679 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1348656 | 2400 | SH | Put | DFND | 1 | 2400 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 1314765 | 4500 | SH | Put | DFND | 1 | 4500 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1597390 | 18325 | SH |  | DFND | 1 | 18325 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 4375934 | 50200 | SH | Put | DFND | 1 | 50200 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 747498 | 286 | SH |  | DFND | 1 | 286 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 5749986 | 2200 | SH | Put | DFND | 1 | 2200 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 715947 | 970 | SH |  | DFND | 1 | 970 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 7602327 | 10300 | SH | Put | DFND | 1 | 10300 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 835058 | 24282 | SH |  | DFND | 1 | 24282 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 1719500 | 50000 | SH | Put | DFND | 1 | 50000 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | NOTE 0.750% 6/0 | 595017BG8 |  | 3802000 | 4000000 | PRN |  | DFND | 1 | 4000000 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 466008 | 3781 | SH |  | DFND | 1 | 3781 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1232500 | 10000 | SH | Put | DFND | 1 | 10000 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 12435250 | 25000 | SH | Put | DFND | 1 | 25000 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 141142 | 1002 | SH |  | DFND | 1 | 1002 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 5282250 | 37500 | SH | Put | DFND | 1 | 37500 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 528084 | 14476 | SH |  | DFND | 1 | 14476 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 6748800 | 185000 | SH | Put | DFND | 1 | 185000 | 0 | 0 |
| MR COOPER GROUP INC | COM | 62482R107 |  | 14831623 | 99401 | SH |  | DFND | 1 | 99401 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 177056 | 3200 | SH |  | DFND | 1 | 3200 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 553300 | 10000 | SH | Put | DFND | 1 | 10000 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 151476 | 2600 | SH |  | DFND | 1 | 2600 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 |  | 12858685 | 432661 | SH |  | DFND | 1 | 432661 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 09/01/2025 | 65339F713 |  | 1550400 | 40000 | SH |  | DFND | 1 | 40000 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 06/01/2027 | 65339F663 |  | 12779250 | 275000 | SH |  | DFND | 1 | 275000 | 0 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 1598 | 466 | SH |  | DFND | 1 | 466 | 0 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 3430 | 1000 | SH | Put | DFND | 1 | 1000 | 0 | 0 |
| NV5 GLOBAL INC | COM | 62945V109 |  | 461800 | 20000 | SH |  | DFND | 1 | 20000 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1334384 | 8446 | SH |  | DFND | 1 | 8446 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 11027702 | 69800 | SH | Put | DFND | 1 | 69800 | 0 | 0 |
| OLD PT FINANCIAL CORPORATION | COM | 680194107 |  | 64056 | 1632 | SH |  | DFND | 1 | 1632 | 0 | 0 |
| ON SEMICONDUCTOR CORP | NOTE 0.500% 3/0 | 682189AU9 |  | 6113408 | 6627000 | PRN |  | DFND | 1 | 6627000 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 874520 | 4000 | SH | Put | DFND | 1 | 4000 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 1290000 | 100000 | SH |  | DFND | 1 | 100000 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 842359 | 5791 | SH |  | DFND | 1 | 5791 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 2909200 | 20000 | SH | Put | DFND | 1 | 20000 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 643240 | 6146 | SH |  | DFND | 1 | 6146 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 2114132 | 20200 | SH | Put | DFND | 1 | 20200 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 303000 | 12500 | SH | Put | DFND | 1 | 12500 | 0 | 0 |
| PG CORP | PFD CONV SER A | 69331C306 |  | 10452750 | 275000 | SH |  | DFND | 1 | 275000 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 275871 | 7693 | SH |  | DFND | 1 | 7693 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 674168 | 18800 | SH | Put | DFND | 1 | 18800 | 0 | 0 |
| PLAYAGS INC | COM | 72814N104 |  | 1494354 | 119644 | SH |  | DFND | 1 | 119644 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 964600 | 8480 | SH |  | DFND | 1 | 8480 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 2275000 | 20000 | SH | Put | DFND | 1 | 20000 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 1445956 | 14984 | SH |  | DFND | 1 | 14984 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 1910700 | 19800 | SH | Put | DFND | 1 | 19800 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 261563 | 3293 | SH |  | DFND | 1 | 3293 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 436865 | 5500 | SH | Put | DFND | 1 | 5500 | 0 | 0 |
| PROASSURANCE CORP | COM | 74267C106 |  | 7602276 | 332995 | SH |  | DFND | 1 | 332995 | 0 | 0 |
| QIAGEN NV | COM SHS | N72482206 |  | 35659 | 740 | SH |  | DFND | 1 | 740 | 0 | 0 |
| QIAGEN NV | COM SHS | N72482206 |  | 57825 | 1200 | SH | Put | DFND | 1 | 1200 | 0 | 0 |
| QUANTERIX CORP | COM | 74766Q101 |  | 232750 | 35000 | SH |  | DFND | 1 | 35000 | 0 | 0 |
| REDFIN CORP | COM | 75737F108 |  | 2517750 | 225000 | SH |  | DFND | 1 | 225000 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 891479 | 37903 | SH |  | DFND | 1 | 37903 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 1176000 | 50000 | SH | Put | DFND | 1 | 50000 | 0 | 0 |
| RENEW ENERGY GLOBAL PLC | CL A SHS | G7500M104 |  | 791216 | 114503 | SH |  | DFND | 1 | 114503 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 56014 | 4957 | SH |  | DFND | 1 | 4957 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 339000 | 30000 | SH | Put | DFND | 1 | 30000 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 111789 | 8136 | SH |  | DFND | 1 | 8136 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 343500 | 25000 | SH | Put | DFND | 1 | 25000 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 |  | 3156000 | 30000 | SH | Put | DFND | 1 | 30000 | 0 | 0 |
| ROIVANT SCIENCES LTD | SHS | G76279101 |  | 1746850 | 155000 | SH |  | DFND | 1 | 155000 | 0 | 0 |
| RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 |  | 12117793 | 210123 | SH |  | DFND | 1 | 210123 | 0 | 0 |
| SATIXFY COMMUNICATIONS LTD | ORD SHS | M82363124 |  | 1204848 | 411211 | SH |  | DFND | 1 | 411211 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 65510 | 718 | SH |  | DFND | 1 | 718 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 1824800 | 20000 | SH | Put | DFND | 1 | 20000 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 11678422 | 137701 | SH |  | DFND | 1 | 137701 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 418327 | 4764 | SH |  | DFND | 1 | 4764 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 4011912 | 18460 | SH |  | DFND | 1 | 18460 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 40038801 | 472100 | SH | Put | DFND | 1 | 472100 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 3512400 | 40000 | SH | Put | DFND | 1 | 40000 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 18733846 | 86200 | SH | Put | DFND | 1 | 86200 | 0 | 0 |
| SENTINELONE INC | CL A | 81730H109 |  | 54840 | 3000 | SH |  | DFND | 1 | 3000 | 0 | 0 |
| SEQUANS COMMUNICATIONS S A | SPONSORED ADS | 817323306 |  | 879304 | 598166 | SH |  | DFND | 1 | 598166 | 0 | 0 |
| SERITAGE GROWTH PPTYS | CL A | 81752R100 |  | 1729876 | 561648 | SH |  | DFND | 1 | 561648 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 502731 | 489 | SH |  | DFND | 1 | 489 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 2570200 | 2500 | SH | Put | DFND | 1 | 2500 | 0 | 0 |
| SIGMA LITHIUM CORPORATION | COM | 826599102 |  | 1125000 | 250000 | SH |  | DFND | 1 | 250000 | 0 | 0 |
| SILICON MOTION TECHNOLOGY CO | SPONSORED ADR | 82706C108 |  | 752151 | 10006 | SH |  | DFND | 1 | 10006 | 0 | 0 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 1387043 | 60385 | SH |  | DFND | 1 | 60385 | 0 | 0 |
| SKECHERS U S A INC | CL A | 830566105 |  | 2397800 | 38000 | SH |  | DFND | 1 | 38000 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 397862 | 5339 | SH |  | DFND | 1 | 5339 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 1490400 | 20000 | SH | Put | DFND | 1 | 20000 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 1101888 | 3541 | SH |  | DFND | 1 | 3541 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 1555900 | 5000 | SH | Put | DFND | 1 | 5000 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 130905 | 585 | SH |  | DFND | 1 | 585 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 2237700 | 10000 | SH | Put | DFND | 1 | 10000 | 0 | 0 |
| SOHO HOUSE  CO INC | COM CL A | 586001109 |  | 1154303 | 157048 | SH |  | DFND | 1 | 157048 | 0 | 0 |
| SOHO HOUSE  CO INC | COM CL A | 586001109 |  | 465255 | 63300 | SH | Call | DFND | 1 | 63300 | 0 | 0 |
| SOUTHERN STS BANCSHARES INC | COM | 843878307 |  | 2879413 | 79170 | SH |  | DFND | 1 | 79170 | 0 | 0 |
| SPDR SERIES TRUST | S BK ETF | 78464A797 |  | 214788 | 3852 | SH |  | DFND | 1 | 3852 | 0 | 0 |
| SPDR SERIES TRUST | S BIOTECH | 78464A870 |  | 4212844 | 50800 | SH |  | DFND | 1 | 50800 | 0 | 0 |
| SPDR SERIES TRUST | S METALS MNG | 78464A755 |  | 354720 | 5277 | SH |  | DFND | 1 | 5277 | 0 | 0 |
| SPDR SERIES TRUST | S REGL BKG | 78464A698 |  | 1618853 | 27258 | SH |  | DFND | 1 | 27258 | 0 | 0 |
| SPDR SERIES TRUST | S OILGAS EXP | 78468R556 |  | 3178589 | 25267 | SH |  | DFND | 1 | 25267 | 0 | 0 |
| SPDR SERIES TRUST | S BK ETF | 78464A797 |  | 2091000 | 37500 | SH | Put | DFND | 1 | 37500 | 0 | 0 |
| SPDR SERIES TRUST | S REGL BKG | 78464A698 |  | 5422307 | 91300 | SH | Put | DFND | 1 | 91300 | 0 | 0 |
| SPDR SERIES TRUST | S BIOTECH | 78464A870 |  | 11577028 | 139600 | SH | Put | DFND | 1 | 139600 | 0 | 0 |
| SPDR SERIES TRUST | S METALS MNG | 78464A755 |  | 4033200 | 60000 | SH | Put | DFND | 1 | 60000 | 0 | 0 |
| SPDR SERIES TRUST | S OILGAS EXP | 78468R556 |  | 10064000 | 80000 | SH | Put | DFND | 1 | 80000 | 0 | 0 |
| SPRINGWORKS THERAPEUTICS INC | COM | 85205L107 |  | 11410770 | 242834 | SH |  | DFND | 1 | 242834 | 0 | 0 |
| STANLEY BLACK  DECKER INC | COM | 854502101 |  | 2140968 | 31601 | SH |  | DFND | 1 | 31601 | 0 | 0 |
| STANLEY BLACK  DECKER INC | COM | 854502101 |  | 2710000 | 40000 | SH | Put | DFND | 1 | 40000 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 346881 | 3262 | SH |  | DFND | 1 | 3262 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 2360748 | 22200 | SH | Put | DFND | 1 | 22200 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 788158 | 6157 | SH |  | DFND | 1 | 6157 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 2713812 | 21200 | SH | Put | DFND | 1 | 21200 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 1396013 | 140002 | SH |  | DFND | 1 | 140002 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 939621 | 2375 | SH |  | DFND | 1 | 2375 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 3560670 | 9000 | SH | Put | DFND | 1 | 9000 | 0 | 0 |
| SURGERY PARTNERS INC | COM | 86881A100 |  | 5426610 | 244112 | SH |  | DFND | 1 | 244112 | 0 | 0 |
| SURMODICS INC | COM | 868873100 |  | 1758832 | 59200 | SH |  | DFND | 1 | 59200 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 1538040 | 3000 | SH | Put | DFND | 1 | 3000 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 394546 | 1742 | SH |  | DFND | 1 | 1742 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 3397350 | 15000 | SH | Put | DFND | 1 | 15000 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 5196990 | 21400 | SH | Put | DFND | 1 | 21400 | 0 | 0 |
| TASKUS INC | CLASS A COM | 87652V109 |  | 1447327 | 86356 | SH |  | DFND | 1 | 86356 | 0 | 0 |
| TEEKAY TANKERS LTD | CL A | G8726X106 |  | 889345 | 21317 | SH |  | DFND | 1 | 21317 | 0 | 0 |
| TH INTERNATIONAL LIMITED | SHS NEW | G8656L130 |  | 2525 | 856 | SH |  | DFND | 1 | 856 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 153250 | 5000 | SH | Put | DFND | 1 | 5000 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 78416 | 635 | SH |  | DFND | 1 | 635 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 308725 | 2500 | SH | Put | DFND | 1 | 2500 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 374667 | 7100 | SH |  | DFND | 1 | 7100 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 1055400 | 20000 | SH | Put | DFND | 1 | 20000 | 0 | 0 |
| TRIP COM GROUP LTD | NOTE 0.750% 6/1 | 89677QAB3 |  | 2221900 | 2000000 | PRN |  | DFND | 1 | 2000000 | 0 | 0 |
| TRIPADVISOR INC | NOTE 0.250% 4/0 | 896945AD4 |  | 578280 | 600000 | PRN |  | DFND | 1 | 600000 | 0 | 0 |
| TTEC HLDGS INC | COM | 89854H102 |  | 238480 | 49580 | SH |  | DFND | 1 | 49580 | 0 | 0 |
| TXNM ENERGY INC | COM | 69349H107 |  | 675840 | 12000 | SH |  | DFND | 1 | 12000 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 363610 | 6500 | SH |  | DFND | 1 | 6500 | 0 | 0 |
| U HAUL HOLDING COMPANY | COM SER N | 023586506 |  | 6100314 | 112200 | SH |  | DFND | 1 | 112200 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 664203 | 7119 | SH |  | DFND | 1 | 7119 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 5336760 | 57200 | SH | Put | DFND | 1 | 57200 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 4953497 | 147378 | SH |  | DFND | 1 | 147378 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 9021147 | 268400 | SH | Put | DFND | 1 | 268400 | 0 | 0 |
| UIPATH INC | CL A | 90364P105 |  | 34445 | 2691 | SH |  | DFND | 1 | 2691 | 0 | 0 |
| UIPATH INC | CL A | 90364P105 |  | 64000 | 5000 | SH | Put | DFND | 1 | 5000 | 0 | 0 |
| UNDER ARMOUR INC | CL A | 904311107 |  | 3480015 | 509519 | SH |  | DFND | 1 | 509519 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 201880 | 2000 | SH | Put | DFND | 1 | 2000 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 614405 | 13578 | SH |  | DFND | 1 | 13578 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 2262500 | 50000 | SH | Put | DFND | 1 | 50000 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 3451698 | 12377 | SH |  | DFND | 1 | 12377 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 23816352 | 85400 | SH | Put | DFND | 1 | 85400 | 0 | 0 |
| VERVE THERAPEUTICS INC | COM | 92539P101 |  | 714228 | 63600 | SH |  | DFND | 1 | 63600 | 0 | 0 |
| VIGIL NEUROSCIENCE INC | COM | 92673K108 |  | 636000 | 80000 | SH |  | DFND | 1 | 80000 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 213030 | 600 | SH | Put | DFND | 1 | 600 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 2318960 | 202000 | SH |  | DFND | 1 | 202000 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 195560 | 2000 | SH | Put | DFND | 1 | 2000 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 1260600 | 110000 | SH |  | DFND | 1 | 110000 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1655359 | 20661 | SH |  | DFND | 1 | 20661 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 7010500 | 87500 | SH | Put | DFND | 1 | 87500 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 621615 | 4195 | SH |  | DFND | 1 | 4195 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 1259530 | 8500 | SH | Put | DFND | 1 | 8500 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 148808 | 474 | SH |  | DFND | 1 | 474 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 3139400 | 10000 | SH | Put | DFND | 1 | 10000 | 0 | 0 |

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