# EDGAR Filing Document

**Accession Number:** 0001274419
**File Stem:** 0001274419-26-000005
**Filing Date:** 2026-4
**Character Count:** 38818
**Document Hash:** 556338c06b2e58a5653a6ba39458f508
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001274419-26-000005.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001274419-26-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**EFFECTIVENESS DATE**: 20260429

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25196
- **FILM NUMBER:** 26910720

**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:** 03-31-2026

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

**This Amendment (Check only one.):** [ ] 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

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  04-29-2026<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:** 349

**Form 13F Information Table Value Total:** $1283822105

      (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 | Banque de Luxembourg S.A.              | 028-25248              |  |  |
|     3 | 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 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 3161928 | 30797 | SH |  | DFND | 1 | 30797 | 0 | 0 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 5133500 | 50000 | SH | Put | DFND | 1 | 50000 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 1712734 | 7875 | SH |  | DFND | 1 | 7875 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 3262350 | 15000 | SH | Put | DFND | 1 | 15000 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 11841809 | 182350 | SH |  | DFND | 1 | 182350 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | NOTE 0.375% 9/0 | 00971TAL5 |  | 2000000 | 2000000 | PRN |  | DFND | 1 | 2000000 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | NOTE 1.125% 2/1 | 00971TAN1 |  | 2000000 | 2000000 | PRN |  | DFND | 1 | 2000000 | 0 | 0 |
| ALARM COM HLDGS INC | NOTE 2.250% 6/0 | 011642AD7 |  | 6556000 | 6556000 | PRN |  | DFND | 1 | 6556000 | 0 | 0 |
| ALBEMARLE CORP | 7.25% DEP SHS A | 012653200 |  | 225000 | 225000 | SH |  | DFND | 1 | 225000 | 0 | 0 |
| ALBERTSONS COS INC | COMMON STOCK | 013091103 |  | 170400 | 10000 | SH |  | DFND | 1 | 10000 | 0 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 3229585 | 43578 | SH |  | DFND | 1 | 43578 | 0 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 5558284 | 75000 | SH | Put | DFND | 1 | 75000 | 0 | 0 |
| ALGONQUIN POWER  UTILITIES | COM | 015857105 |  | 798200 | 130000 | SH |  | DFND | 1 | 130000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | NOTE 0.500% 6/0 | 01609WBG6 |  | 2500000 | 2500000 | PRN |  | DFND | 1 | 2500000 | 0 | 0 |
| ALLIED GOLD CORP | COM NEW | 01921D204 |  | 6412239 | 207217 | SH |  | DFND | 1 | 207217 | 0 | 0 |
| ALPHA TEKNOVA INC | COM | 02080L102 |  | 5780 | 2000 | SH |  | DFND | 1 | 2000 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 52993082 | 184735 | SH |  | DFND | 1 | 184735 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 208270 | 1000 | SH | Put | DFND | 1 | 1000 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 786448 | 2600 | SH | Put | DFND | 1 | 2600 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 54857 | 729 | SH |  | DFND | 1 | 729 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 203175 | 2700 | SH | Put | DFND | 1 | 2700 | 0 | 0 |
| AMERICAN WOODMARK CORP | COM | 030506109 |  | 1829392 | 45930 | SH |  | DFND | 1 | 45930 | 0 | 0 |
| AMICUS THERAPEUTIC | COM | 03152W109 |  | 11162368 | 771948 | SH |  | DFND | 1 | 771948 | 0 | 0 |
| AMRIZE LTD | SHS | H2927K103 |  | 215572 | 3959 | SH |  | DFND | 1 | 3959 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 958556 | 3013 | SH |  | DFND | 1 | 3013 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 127256 | 400 | SH | Put | DFND | 1 | 400 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 5344310 | 21058 | SH |  | DFND | 1 | 21058 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 19186524 | 75600 | SH | Put | DFND | 1 | 75600 | 0 | 0 |
| ARCELLX INC | COMMON STOCK | 03940C100 |  | 15460283 | 134648 | SH |  | DFND | 1 | 134648 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | 6.75 SE B PFD | 03990B309 |  | 475000 | 475000 | SH |  | DFND | 1 | 475000 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 205438 | 1358 | SH |  | DFND | 1 | 1358 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 2269200 | 15000 | SH | Put | DFND | 1 | 15000 | 0 | 0 |
| ASSURANT INC | COM | 04621X108 |  | 98015 | 450 | SH |  | DFND | 1 | 450 | 0 | 0 |
| ASSURANT INC | COM | 04621X108 |  | 174248 | 800 | SH | Put | DFND | 1 | 800 | 0 | 0 |
| ASTRAZENECA PLC | ORD | G0593M107 |  | 287692 | 1479 | SH |  | DFND | 1 | 1479 | 0 | 0 |
| ATRIUM THERAPEUTICS INC | COM | 04965N104 |  | 307510 | 23000 | SH |  | DFND | 1 | 23000 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 154892 | 647 | SH |  | DFND | 1 | 647 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 239400 | 1000 | SH | Put | DFND | 1 | 1000 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 675556 | 200 | SH | Put | DFND | 1 | 200 | 0 | 0 |
| AXALTA COATING SYS LTD | COM | G0750C108 |  | 498600 | 18000 | SH |  | DFND | 1 | 18000 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 1585792 | 3734 | SH |  | DFND | 1 | 3734 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 4459245 | 10500 | SH | Put | DFND | 1 | 10500 | 0 | 0 |
| BANCO MACRO S A | SPON ADR B | 05961W105 |  | 72751 | 945 | SH |  | DFND | 1 | 945 | 0 | 0 |
| BANCO MACRO S A | SPON ADR B | 05961W105 |  | 76986 | 1000 | SH | Put | DFND | 1 | 1000 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 124069 | 2545 | SH |  | DFND | 1 | 2545 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 2754375 | 56500 | SH | Put | DFND | 1 | 56500 | 0 | 0 |
| BANK MONTREAL MEDIUM | COM | 063671101 |  | 473690 | 3500 | SH | Put | DFND | 1 | 3500 | 0 | 0 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 252704 | 46797 | SH |  | DFND | 1 | 46797 | 0 | 0 |
| BILL HOLDINGS INC | COM | 090043100 |  | 1532000 | 40000 | SH |  | DFND | 1 | 40000 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 2260334 | 40013 | SH |  | DFND | 1 | 40013 | 0 | 0 |
| BIRKENSTOCK HOLDING PLC | COM SHS | M2029K104 |  | 2042310 | 57000 | SH |  | DFND | 1 | 57000 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 463525 | 4031 | SH |  | DFND | 1 | 4031 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 1149900 | 10000 | SH | Put | DFND | 1 | 10000 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 1503084 | 357 | SH |  | DFND | 1 | 357 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 2105160 | 500 | SH | Put | DFND | 1 | 500 | 0 | 0 |
| BRIGHTHOUSE FINL INC | COM | 10922N103 |  | 8220087 | 137276 | SH |  | DFND | 1 | 137276 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 154755 | 500 | SH | Put | DFND | 1 | 500 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE CO | COM SUB VTG A | 11276H106 |  | 9233848 | 233650 | SH |  | DFND | 1 | 233650 | 0 | 0 |
| BROOKFIELD RENEWABLE ENERGY | PARTNERSHIP UNIT | G16258108 |  | 5402899 | 165530 | SH |  | DFND | 1 | 165530 | 0 | 0 |
| CALAVO GROWERS INC | COM | 128246105 |  | 853185 | 33082 | SH |  | DFND | 1 | 33082 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 260990 | 2403 | SH |  | DFND | 1 | 2403 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 1629150 | 15000 | SH | Put | DFND | 1 | 15000 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 528275 | 2500 | SH | Put | DFND | 1 | 2500 | 0 | 0 |
| CARNIVAL PLC | ADS | 14365C103 |  | 15518230 | 602182 | SH |  | DFND | 1 | 602182 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 47467 | 67 | SH |  | DFND | 1 | 67 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 3117224 | 4400 | SH | Put | DFND | 1 | 4400 | 0 | 0 |
| CENTRAL GARDEN  PET CO | CL A NON-VTG | 153527205 |  | 999995 | 30845 | SH |  | DFND | 1 | 30845 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 8755449 | 42348 | SH |  | DFND | 1 | 42348 | 0 | 0 |
| CHEER HLDG INC | SHS CL A | G39973121 |  | 4022 | 4539 | SH |  | DFND | 1 | 4539 | 0 | 0 |
| CHUBB LTD SWITZ | COM | H1467J104 |  | 590259 | 1811 | SH |  | DFND | 1 | 1811 | 0 | 0 |
| CHUBB LTD SWITZ | COM | H1467J104 |  | 4791171 | 14700 | SH | Put | DFND | 1 | 14700 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1190805 | 10500 | SH | Put | DFND | 1 | 10500 | 0 | 0 |
| CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 |  | 2009665 | 847960 | SH |  | DFND | 1 | 847960 | 0 | 0 |
| CLEARWATER ANALYTICS HLDGS I | CL A | 185123106 |  | 7365367 | 311432 | SH |  | DFND | 1 | 311432 | 0 | 0 |
| CLEARWAY ENERGY INC | CL A | 18539C105 |  | 907765 | 23175 | SH |  | DFND | 1 | 23175 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 275100 | 17500 | SH | Put | DFND | 1 | 17500 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 145037 | 9695 | SH |  | DFND | 1 | 9695 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 299200 | 20000 | SH | Put | DFND | 1 | 20000 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 644957 | 1652 | SH |  | DFND | 1 | 1652 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 1952050 | 5000 | SH | Put | DFND | 1 | 5000 | 0 | 0 |
| CSG SYS INTL INC | COM | 126349109 |  | 11900428 | 148867 | SH |  | DFND | 1 | 148867 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 235914 | 5747 | SH |  | DFND | 1 | 5747 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 3284000 | 80000 | SH | Put | DFND | 1 | 80000 | 0 | 0 |
| DAY ONE BIOPHARMACEUTICALS I | COM | 23954D109 |  | 2903405 | 135420 | SH |  | DFND | 1 | 135420 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 89565 | 159 | SH |  | DFND | 1 | 159 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 1915220 | 3400 | SH | Put | DFND | 1 | 3400 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 164130 | 1000 | SH | Put | DFND | 1 | 1000 | 0 | 0 |
| DEUTSCHE BK AG | NAMEN AKT | D18190898 |  | 11464 | 397 | SH |  | DFND | 1 | 397 | 0 | 0 |
| DEXCOM INC | NOTE 0.375% 5/1 | 252131AM9 |  | 4000000 | 4000000 | PRN |  | DFND | 1 | 4000000 | 0 | 0 |
| DIAMOND HILL INVT GROUP INC | COM NEW | 25264R207 |  | 1996360 | 11600 | SH |  | DFND | 1 | 11600 | 0 | 0 |
| DISTRIBUTION SOLUTIONS GRP I | COM | 520776105 |  | 835744 | 31850 | SH |  | DFND | 1 | 31850 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 267120 | 3500 | SH | Put | DFND | 1 | 3500 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 9334188 | 45785 | SH |  | DFND | 1 | 45785 | 0 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 365605 | 10709 | SH |  | DFND | 1 | 10709 | 0 | 0 |
| ELME COMMUNITIES | SH BEN INT | 939653101 |  | 3267287 | 1625516 | SH |  | DFND | 1 | 1625516 | 0 | 0 |
| ENHABIT INC | COM | 29332G102 |  | 2236703 | 158744 | SH |  | DFND | 1 | 158744 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 143981 | 3805 | SH |  | DFND | 1 | 3805 | 0 | 0 |
| ENVIRI CORP | COM | 415864107 |  | 3531600 | 180000 | SH |  | DFND | 1 | 180000 | 0 | 0 |
| ETSY INC | NOTE 0.250% 6/1 | 29786AAN6 |  | 4000000 | 4000000 | PRN |  | DFND | 1 | 4000000 | 0 | 0 |
| EUROPEAN WAX CTR INC | CLASS A COM | 29882P106 |  | 2258841 | 390803 | SH |  | DFND | 1 | 390803 | 0 | 0 |
| FERMI INC | COM | 314911108 |  | 584000 | 100000 | SH | Call | DFND | 1 | 100000 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 |  | 2512461 | 7561 | SH |  | DFND | 1 | 7561 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 |  | 8307305 | 25000 | SH | Put | DFND | 1 | 25000 | 0 | 0 |
| FERROVIAL SE | ORD SHS | N3168P101 |  | 12235 | 192 | SH |  | DFND | 1 | 192 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 492987 | 10611 | SH |  | DFND | 1 | 10611 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 2323000 | 50000 | SH | Put | DFND | 1 | 50000 | 0 | 0 |
| FIRST FNDTN INC | COM | 32026V104 |  | 3424726 | 580462 | SH |  | DFND | 1 | 580462 | 0 | 0 |
| FONAR CORP | COM NEW | 344437405 |  | 1469952 | 79200 | SH |  | DFND | 1 | 79200 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 1490760 | 129182 | SH |  | DFND | 1 | 129182 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 3643178 | 315700 | SH | Put | DFND | 1 | 315700 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 13018846 | 245176 | SH |  | DFND | 1 | 245176 | 0 | 0 |
| FREEPORT MCMORAN INC | CL B | 35671D857 |  | 543891 | 9253 | SH |  | DFND | 1 | 9253 | 0 | 0 |
| FREEPORT MCMORAN INC | CL B | 35671D857 |  | 4126356 | 70200 | SH | Put | DFND | 1 | 70200 | 0 | 0 |
| GEN DIGITAL INC | RIGHT 99/99/9999 | 668771116 |  | 5706 | 11820 | SH |  | DFND | 1 | 11820 | 0 | 0 |
| GENERAL MILLS INC | COM | 370334104 |  | 148880 | 4000 | SH | Put | DFND | 1 | 4000 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 794468 | 10664 | SH |  | DFND | 1 | 10664 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 6436800 | 86400 | SH | Put | DFND | 1 | 86400 | 0 | 0 |
| GLOBAL PMTS INC | NOTE 1.500% 3/0 | 37940XAU6 |  | 7000000 | 7000000 | PRN |  | DFND | 1 | 7000000 | 0 | 0 |
| GLOBAL X FDS | GLOBAL X COPPER | 37954Y830 |  | 707001 | 9260 | SH |  | DFND | 1 | 9260 | 0 | 0 |
| GLOBAL X FDS | GLOBAL X URANIUM | 37954Y871 |  | 627556 | 12958 | SH |  | DFND | 1 | 12958 | 0 | 0 |
| GLOBAL X FDS | GLOBAL X COPPER | 37954Y830 |  | 2672250 | 35000 | SH | Put | DFND | 1 | 35000 | 0 | 0 |
| GLOBAL X FDS | GLOBAL X URANIUM | 37954Y871 |  | 1695050 | 35000 | SH | Put | DFND | 1 | 35000 | 0 | 0 |
| GOLDEN ENTMT INC | COM | 381013101 |  | 1769013 | 66280 | SH |  | DFND | 1 | 66280 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 878984 | 1039 | SH |  | DFND | 1 | 1039 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 3383960 | 4000 | SH | Put | DFND | 1 | 4000 | 0 | 0 |
| GREAT LAKES DREDGE  DOCK CO | COM | 390607109 |  | 1177165 | 69245 | SH |  | DFND | 1 | 69245 | 0 | 0 |
| GREEN DOT CORP | CL A | 39304D102 |  | 3870900 | 345000 | SH |  | DFND | 1 | 345000 | 0 | 0 |
| GRIFOLS S A | SP ADR REP B NVT | 398438408 |  | 2898869 | 361455 | SH |  | DFND | 1 | 361455 | 0 | 0 |
| GRINDR INC | COM | 39854F101 |  | 241800 | 20000 | SH |  | DFND | 1 | 20000 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 53377 | 1369 | SH |  | DFND | 1 | 1369 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 2339400 | 60000 | SH | Put | DFND | 1 | 60000 | 0 | 0 |
| HEICO CORP NEW | CL A | 422806208 |  | 6447533 | 30544 | SH |  | DFND | 1 | 30544 | 0 | 0 |
| HERITAGE COMM CORP | COM | 426927109 |  | 369620 | 29617 | SH |  | DFND | 1 | 29617 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | 7.625 MAND CONV | 42824C208 |  | 650000 | 650000 | SH |  | DFND | 1 | 650000 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 952400 | 40000 | SH | Put | DFND | 1 | 40000 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 27367 | 90 | SH |  | DFND | 1 | 90 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 60816 | 200 | SH | Put | DFND | 1 | 200 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 15439258 | 204250 | SH |  | DFND | 1 | 204250 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 592002 | 1800 | SH | Put | DFND | 1 | 1800 | 0 | 0 |
| IHS HOLDING LIMITED | ORD SHS | G4701H109 |  | 3747135 | 455302 | SH |  | DFND | 1 | 455302 | 0 | 0 |
| INTEGRA RES CORP | COM | 45826T509 |  | 431305 | 159842 | SH |  | DFND | 1 | 159842 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 218151 | 900 | SH | Put | DFND | 1 | 900 | 0 | 0 |
| INTERNATIONAL MONEY EXPRESS | COM | 46005L101 |  | 1928532 | 122059 | SH |  | DFND | 1 | 122059 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 1174344 | 2716 | SH |  | DFND | 1 | 2716 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 1297140 | 3000 | SH | Put | DFND | 1 | 3000 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | KBW BK ETF | 46138E628 |  | 1402244 | 17723 | SH |  | DFND | 1 | 17723 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | KBW BK ETF | 46138E628 |  | 3956000 | 50000 | SH | Put | DFND | 1 | 50000 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 17315400 | 30000 | SH | Put | DFND | 1 | 30000 | 0 | 0 |
| IONQ INC | COM | 46222L108 |  | 234965 | 8150 | SH |  | DFND | 1 | 8150 | 0 | 0 |
| IONQ INC | COM | 46222L108 |  | 302715 | 10500 | SH | Put | DFND | 1 | 10500 | 0 | 0 |
| IQIYI INC | NOTE 4.625% 3/1 | 46267XAK4 |  | 3000000 | 3000000 | PRN |  | DFND | 1 | 3000000 | 0 | 0 |
| ISHARES INC | MSCI TAIWAN ETF | 46434G772 |  | 2454825 | 34614 | SH |  | DFND | 1 | 34614 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 4038858 | 105206 | SH |  | DFND | 1 | 105206 | 0 | 0 |
| ISHARES INC | MSCI TAIWAN ETF | 46434G772 |  | 5673600 | 80000 | SH | Put | DFND | 1 | 80000 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 17467450 | 455000 | SH | Put | DFND | 1 | 455000 | 0 | 0 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 624630 | 7803 | SH |  | DFND | 1 | 7803 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 4161341 | 42843 | SH |  | DFND | 1 | 42843 | 0 | 0 |
| ISHARES TR | US HOME CONS ETF | 464288752 |  | 98247 | 1085 | SH |  | DFND | 1 | 1085 | 0 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 2843566 | 8652 | SH |  | DFND | 1 | 8652 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 1710535 | 25330 | SH |  | DFND | 1 | 25330 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 2954840 | 52031 | SH |  | DFND | 1 | 52031 | 0 | 0 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 7614713 | 212109 | SH |  | DFND | 1 | 212109 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 10252816 | 41342 | SH |  | DFND | 1 | 41342 | 0 | 0 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 1801125 | 22500 | SH | Put | DFND | 1 | 22500 | 0 | 0 |
| ISHARES TR | US HOME CONS ETF | 464288752 |  | 172045 | 1900 | SH | Put | DFND | 1 | 1900 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 12626900 | 130000 | SH | Put | DFND | 1 | 130000 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 7956000 | 100000 | SH | Put | DFND | 1 | 100000 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 6753000 | 100000 | SH | Put | DFND | 1 | 100000 | 0 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 10024130 | 30500 | SH | Put | DFND | 1 | 30500 | 0 | 0 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 17587410 | 489900 | SH | Put | DFND | 1 | 489900 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 11358000 | 200000 | SH | Put | DFND | 1 | 200000 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 53320000 | 215000 | SH | Put | DFND | 1 | 215000 | 0 | 0 |
| JANUS HENDERSON GROUP PLC | ORD SHS | G4474Y214 |  | 5974331 | 116300 | SH |  | DFND | 1 | 116300 | 0 | 0 |
| JAZZ INVESTMENTS I LTD | NOTE 3.125% 9/1 | 472145AH4 |  | 1750000 | 1750000 | PRN |  | DFND | 1 | 1750000 | 0 | 0 |
| JD.COM INC | NOTE 0.250% 6/0 | 47215PAJ5 |  | 6500000 | 6500000 | PRN |  | DFND | 1 | 6500000 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 127598 | 522 | SH |  | DFND | 1 | 522 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1759968 | 7200 | SH | Put | DFND | 1 | 7200 | 0 | 0 |
| JOHNSON CONTROLS INTERNATION | SHS | G51502105 |  | 261900 | 2000 | SH | Put | DFND | 1 | 2000 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1617880 | 5500 | SH | Put | DFND | 1 | 5500 | 0 | 0 |
| KB HOME | COM | 48666K109 |  | 303307 | 5861 | SH |  | DFND | 1 | 5861 | 0 | 0 |
| KB HOME | COM | 48666K109 |  | 486450 | 9400 | SH | Put | DFND | 1 | 9400 | 0 | 0 |
| KENNEDY-WILSON HOLDINGS INC | COM | 489398107 |  | 930520 | 86000 | SH |  | DFND | 1 | 86000 | 0 | 0 |
| KENVUE INC | COM | 49177J102 |  | 9365647 | 543251 | SH |  | DFND | 1 | 543251 | 0 | 0 |
| KEZAR LIFE SCIENCES INC | COM NEW | 49372L209 |  | 397712 | 53600 | SH |  | DFND | 1 | 53600 | 0 | 0 |
| KKR  CO INC | 6.25 CON SER D | 48251W500 |  | 150000 | 150000 | SH |  | DFND | 1 | 150000 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 163438 | 111 | SH |  | DFND | 1 | 111 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 3681025 | 2500 | SH | Put | DFND | 1 | 2500 | 0 | 0 |
| KRANESHARES TRUST | CSI CHI INTERNET | 500767306 |  | 3661983 | 128807 | SH |  | DFND | 1 | 128807 | 0 | 0 |
| KRANESHARES TRUST | CSI CHI INTERNET | 500767306 |  | 4963878 | 174600 | SH | Put | DFND | 1 | 174600 | 0 | 0 |
| LENSAR INC | COM | 52634L108 |  | 860380 | 144359 | SH |  | DFND | 1 | 144359 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 832144 | 46671 | SH |  | DFND | 1 | 46671 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 891500 | 50000 | SH | Put | DFND | 1 | 50000 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER A | 530307107 |  | 3333202 | 66372 | SH |  | DFND | 1 | 66372 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL C | G61188127 |  | 6743929 | 574930 | SH |  | DFND | 1 | 574930 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S C | 531229755 |  | 1521858 | 17900 | SH |  | DFND | 1 | 17900 | 0 | 0 |
| LIONSGATE STUDIOS CORP | COM | 53626N102 |  | 1849863 | 192895 | SH |  | DFND | 1 | 192895 | 0 | 0 |
| LITHIUM AMERS CORP NEW | COM SHS | 53681J103 |  | 908500 | 230000 | SH |  | DFND | 1 | 230000 | 0 | 0 |
| LOGITECH INTL S A | SHS | H50430232 |  | 2007956 | 22189 | SH |  | DFND | 1 | 22189 | 0 | 0 |
| LOGITECH INTL S A | SHS | H50430232 |  | 5411499 | 59800 | SH | Put | DFND | 1 | 59800 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 472560 | 2000 | SH | Put | DFND | 1 | 2000 | 0 | 0 |
| MACYS INC | COM | 55616P104 |  | 18090 | 1000 | SH |  | DFND | 1 | 1000 | 0 | 0 |
| MAGNUM ICE CREAM CO NV | ORD SHS | N5505D105 |  | 43213 | 2957 | SH |  | DFND | 1 | 2957 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 197877 | 605 | SH |  | DFND | 1 | 605 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 2289490 | 7000 | SH | Put | DFND | 1 | 7000 | 0 | 0 |
| MARRIOTT VACATIONS WORLDWIDE | NOTE 3.250%12/1 | 57164YAF4 |  | 2500000 | 2500000 | PRN |  | DFND | 1 | 2500000 | 0 | 0 |
| MASIMO CORP | COM | 574795100 |  | 4099904 | 23050 | SH |  | DFND | 1 | 23050 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 310790 | 1000 | SH | Put | DFND | 1 | 1000 | 0 | 0 |
| MCEWEN INC. | COM NEW | 58039P305 |  | 5659 | 277 | SH |  | DFND | 1 | 277 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 583848 | 6738 | SH |  | DFND | 1 | 6738 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1091790 | 12600 | SH | Put | DFND | 1 | 12600 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 1618363 | 936 | SH |  | DFND | 1 | 936 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 3458040 | 2000 | SH | Put | DFND | 1 | 2000 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 171639 | 300 | SH | Put | DFND | 1 | 300 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 2532766 | 35814 | SH |  | DFND | 1 | 35814 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 3642080 | 51500 | SH | Put | DFND | 1 | 51500 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 820771 | 22177 | SH |  | DFND | 1 | 22177 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 1850500 | 50000 | SH | Put | DFND | 1 | 50000 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | NOTE 0.750% 6/0 | 595017BG8 |  | 4000000 | 4000000 | PRN |  | DFND | 1 | 4000000 | 0 | 0 |
| MISTER CAR WASH INC | COM | 60646V105 |  | 2799152 | 401600 | SH |  | DFND | 1 | 401600 | 0 | 0 |
| MODERNA INC | COM | 60770K107 |  | 1221130 | 24038 | SH |  | DFND | 1 | 24038 | 0 | 0 |
| MODERNA INC | COM | 60770K107 |  | 4318000 | 85000 | SH | Put | DFND | 1 | 85000 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 144100 | 2500 | SH | Put | DFND | 1 | 2500 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 905135 | 5500 | SH | Put | DFND | 1 | 5500 | 0 | 0 |
| MOSAIC CO | COM | 61945C103 |  | 561383 | 22015 | SH |  | DFND | 1 | 22015 | 0 | 0 |
| MOSAIC CO | COM | 61945C103 |  | 2550000 | 100000 | SH | Put | DFND | 1 | 100000 | 0 | 0 |
| NATHANS FAMOUS INC | COM | 632347100 |  | 4312654 | 42814 | SH |  | DFND | 1 | 42814 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 |  | 4869477 | 195326 | SH |  | DFND | 1 | 195326 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 02/15/2029 | 65339F655 |  | 775000 | 775000 | SH |  | DFND | 1 | 775000 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 06/01/2027 | 65339F663 |  | 325000 | 325000 | SH |  | DFND | 1 | 325000 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 1148000 | 4000 | SH |  | DFND | 1 | 4000 | 0 | 0 |
| NOVANTA INC | UNIT 11/01/2028 | 67000B203 |  | 130000 | 130000 | SH |  | DFND | 1 | 130000 | 0 | 0 |
| OLAPLEX HLDGS INC | COM | 679369108 |  | 989422 | 487400 | SH |  | DFND | 1 | 487400 | 0 | 0 |
| ON SEMICONDUCTOR CORP | NOTE 0.500% 3/0 | 682189AU9 |  | 3627000 | 3627000 | PRN |  | DFND | 1 | 3627000 | 0 | 0 |
| ON24 INC | COM | 68339B104 |  | 1997776 | 246639 | SH |  | DFND | 1 | 246639 | 0 | 0 |
| ONESTREAM INC | CL A | 68278B107 |  | 8772000 | 365500 | SH |  | DFND | 1 | 365500 | 0 | 0 |
| ORACLE CORP | 6.5 DEP CUM SR D | 68389X204 |  | 525000 | 525000 | SH |  | DFND | 1 | 525000 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 4781075 | 32500 | SH | Put | DFND | 1 | 32500 | 0 | 0 |
| PEAKSTONE REALTY TRUST | COMMON SHARES | 39818P799 |  | 3760200 | 180000 | SH |  | DFND | 1 | 180000 | 0 | 0 |
| PENUMBRA INC | COM | 70975L107 |  | 8477528 | 25817 | SH |  | DFND | 1 | 25817 | 0 | 0 |
| PERFECT CORP | CL A ORD SHS | G7006A109 |  | 338000 | 200000 | SH |  | DFND | 1 | 200000 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 511196 | 18205 | SH |  | DFND | 1 | 18205 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 3762720 | 134000 | SH | Put | DFND | 1 | 134000 | 0 | 0 |
| PG CORP | PFD CONV SER A | 69331C306 |  | 625000 | 625000 | SH |  | DFND | 1 | 625000 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 76439 | 848 | SH |  | DFND | 1 | 848 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 108168 | 1200 | SH | Put | DFND | 1 | 1200 | 0 | 0 |
| PROASSURANCE CORP | COM | 74267C106 |  | 7289285 | 294874 | SH |  | DFND | 1 | 294874 | 0 | 0 |
| QIAGEN NV | ORD SHARES | N72482156 |  | 253493 | 6331 | SH |  | DFND | 1 | 6331 | 0 | 0 |
| QIAGEN NV | ORD SHARES | N72482156 |  | 2002000 | 50000 | SH | Call | DFND | 1 | 50000 | 0 | 0 |
| QORVO INC | COM | 74736K101 |  | 4245003 | 54845 | SH |  | DFND | 1 | 54845 | 0 | 0 |
| RENEW ENERGY GLOBAL PLC | CL A SHS | G7500M104 |  | 638406 | 139390 | SH |  | DFND | 1 | 139390 | 0 | 0 |
| RIGETTI COMPUTING INC | COMMON STOCK | 76655K103 |  | 660779 | 47064 | SH |  | DFND | 1 | 47064 | 0 | 0 |
| RIGETTI COMPUTING INC | COMMON STOCK | 76655K103 |  | 1333800 | 95000 | SH | Put | DFND | 1 | 95000 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 513904 | 41578 | SH |  | DFND | 1 | 41578 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 1050600 | 85000 | SH | Put | DFND | 1 | 85000 | 0 | 0 |
| ROCKET LAB CORP | COM | 773121108 |  | 447357 | 6966 | SH |  | DFND | 1 | 6966 | 0 | 0 |
| ROCKET LAB CORP | COM | 773121108 |  | 1284400 | 20000 | SH | Put | DFND | 1 | 20000 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 3033 | 14 | SH |  | DFND | 1 | 14 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 43326 | 200 | SH | Put | DFND | 1 | 200 | 0 | 0 |
| RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 |  | 5770810 | 99841 | SH |  | DFND | 1 | 99841 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 59207 | 630 | SH |  | DFND | 1 | 630 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 244348 | 2600 | SH | Put | DFND | 1 | 2600 | 0 | 0 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 4945206 | 117603 | SH |  | DFND | 1 | 117603 | 0 | 0 |
| SELECT MED HLDGS CORP | COM | 81619Q105 |  | 2728624 | 167503 | SH |  | DFND | 1 | 167503 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 8650 | 59 | SH |  | DFND | 1 | 59 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 389446 | 2408 | SH |  | DFND | 1 | 2408 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET MAT | 81369Y100 |  | 366480 | 7334 | SH |  | DFND | 1 | 7334 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET REA | 81369Y860 |  | 402094 | 9848 | SH |  | DFND | 1 | 9848 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y407 |  | 1873584 | 17192 | SH |  | DFND | 1 | 17192 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 2463203 | 40209 | SH |  | DFND | 1 | 40209 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 7669127 | 57706 | SH |  | DFND | 1 | 57706 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET UTI | 81369Y886 |  | 1780716 | 38804 | SH |  | DFND | 1 | 38804 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 5580538 | 113035 | SH |  | DFND | 1 | 113035 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 29322 | 200 | SH | Put | DFND | 1 | 200 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 1423224 | 8800 | SH | Put | DFND | 1 | 8800 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y407 |  | 7672192 | 70400 | SH | Put | DFND | 1 | 70400 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET REA | 81369Y860 |  | 2858100 | 70000 | SH | Put | DFND | 1 | 70000 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET MAT | 81369Y100 |  | 9994000 | 200000 | SH | Put | DFND | 1 | 200000 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET UTI | 81369Y886 |  | 8030750 | 175000 | SH | Put | DFND | 1 | 175000 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 13428640 | 272000 | SH | Put | DFND | 1 | 272000 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 18473100 | 139000 | SH | Put | DFND | 1 | 139000 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 75068004 | 1225400 | SH | Put | DFND | 1 | 1225400 | 0 | 0 |
| SEMRUSH HLDGS INC | CL A COM | 81686C104 |  | 2925 | 245 | SH |  | DFND | 1 | 245 | 0 | 0 |
| SENTINELONE INC | CL A | 81730H109 |  | 38640 | 3000 | SH |  | DFND | 1 | 3000 | 0 | 0 |
| SEQUANS COMMUNICATIONS S A | SPONSORED ADS | 817323405 |  | 1012000 | 400000 | SH |  | DFND | 1 | 400000 | 0 | 0 |
| SERITAGE GROWTH PPTYS | CL A | 81752R100 |  | 1578231 | 561648 | SH |  | DFND | 1 | 561648 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 321191 | 1002 | SH |  | DFND | 1 | 1002 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 576990 | 1800 | SH | Put | DFND | 1 | 1800 | 0 | 0 |
| SHIFT4 PMTS INC | 6 SER A CNV PREF | 82452J307 |  | 125000 | 125000 | SH |  | DFND | 1 | 125000 | 0 | 0 |
| SILICON LABORATORIES INC | COM | 826919102 |  | 1432072 | 6880 | SH |  | DFND | 1 | 6880 | 0 | 0 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 1393686 | 60385 | SH |  | DFND | 1 | 60385 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A755 |  | 24734 | 229 | SH |  | DFND | 1 | 229 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R556 |  | 505669 | 2781 | SH |  | DFND | 1 | 2781 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A698 |  | 5358457 | 82248 | SH |  | DFND | 1 | 82248 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A797 |  | 5188830 | 87134 | SH |  | DFND | 1 | 87134 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A870 |  | 4551403 | 35633 | SH |  | DFND | 1 | 35633 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A755 |  | 6480600 | 60000 | SH | Put | DFND | 1 | 60000 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A698 |  | 27434665 | 421100 | SH | Put | DFND | 1 | 421100 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A797 |  | 17865000 | 300000 | SH | Put | DFND | 1 | 300000 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A870 |  | 29326808 | 229600 | SH | Put | DFND | 1 | 229600 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R556 |  | 31365675 | 172500 | SH | Put | DFND | 1 | 172500 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 438660 | 2437 | SH |  | DFND | 1 | 2437 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 4050000 | 22500 | SH | Put | DFND | 1 | 22500 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 1011551 | 144960 | SH |  | DFND | 1 | 144960 | 0 | 0 |
| SUNOPTA INC | COM | 8676EP108 |  | 1944000 | 300000 | SH |  | DFND | 1 | 300000 | 0 | 0 |
| SUPER MICRO COMPUTER INC | NOTE 3.500% 3/0 | 86800UAB0 |  | 4500000 | 4500000 | PRN |  | DFND | 1 | 4500000 | 0 | 0 |
| SWK HLDGS CORP | COM NEW | 78501P203 |  | 3827250 | 225000 | SH |  | DFND | 1 | 225000 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 792564 | 1999 | SH |  | DFND | 1 | 1999 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 991200 | 2500 | SH | Put | DFND | 1 | 2500 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 1020599 | 14416 | SH |  | DFND | 1 | 14416 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 1699111 | 24000 | SH | Put | DFND | 1 | 24000 | 0 | 0 |
| TALKSPACE INC | COM | 87427V103 |  | 2252160 | 435200 | SH |  | DFND | 1 | 435200 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 5444100 | 105200 | SH |  | DFND | 1 | 105200 | 0 | 0 |
| TEMPUS AI INC | CL A | 88023B103 |  | 412135 | 9114 | SH |  | DFND | 1 | 9114 | 0 | 0 |
| TEMPUS AI INC | CL A | 88023B103 |  | 904400 | 20000 | SH | Put | DFND | 1 | 20000 | 0 | 0 |
| TERNS PHARMACEUTICALS INC | COM | 880881107 |  | 4757242 | 90236 | SH |  | DFND | 1 | 90236 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 169890 | 457 | SH |  | DFND | 1 | 457 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 557625 | 1500 | SH | Put | DFND | 1 | 1500 | 0 | 0 |
| TH INTERNATIONAL LIMITED | SHS NEW | G8656L130 |  | 1712 | 856 | SH |  | DFND | 1 | 856 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 111350 | 5000 | SH | Put | DFND | 1 | 5000 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 31621 | 198 | SH |  | DFND | 1 | 198 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 399250 | 2500 | SH | Put | DFND | 1 | 2500 | 0 | 0 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 343964 | 1669 | SH |  | DFND | 1 | 1669 | 0 | 0 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 1339585 | 6500 | SH | Put | DFND | 1 | 6500 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 1691131 | 4058 | SH |  | DFND | 1 | 4058 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 4834184 | 11600 | SH | Put | DFND | 1 | 11600 | 0 | 0 |
| TRI POINTE HOMES INC | COM | 87265H109 |  | 1939295 | 41500 | SH |  | DFND | 1 | 41500 | 0 | 0 |
| TRIP COM GROUP LTD | NOTE 0.750% 6/1 | 89677QAB3 |  | 2000000 | 2000000 | PRN |  | DFND | 1 | 2000000 | 0 | 0 |
| TWO HARBORS INVENTMENT CORPO | COM | 90187B804 |  | 1062060 | 93000 | SH |  | DFND | 1 | 93000 | 0 | 0 |
| TXNM ENERGY INC | COM | 69349H107 |  | 9041014 | 154653 | SH |  | DFND | 1 | 154653 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 320350 | 5000 | SH | Put | DFND | 1 | 5000 | 0 | 0 |
| U HAUL HOLDING COMPANY | COM SER N | 023586506 |  | 4676860 | 104698 | SH |  | DFND | 1 | 104698 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 163641 | 2275 | SH |  | DFND | 1 | 2275 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 647370 | 9000 | SH | Put | DFND | 1 | 9000 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 2847229 | 74087 | SH |  | DFND | 1 | 74087 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 10314849 | 268400 | SH | Put | DFND | 1 | 268400 | 0 | 0 |
| UDEMY INC | COM | 902685106 |  | 845460 | 183000 | SH |  | DFND | 1 | 183000 | 0 | 0 |
| UNDER ARMOUR INC | CL A | 904311107 |  | 9080148 | 1536404 | SH |  | DFND | 1 | 1536404 | 0 | 0 |
| US BANCORP | COM NEW | 902973304 |  | 256097 | 4924 | SH |  | DFND | 1 | 4924 | 0 | 0 |
| US BANCORP | COM NEW | 902973304 |  | 2600500 | 50000 | SH | Put | DFND | 1 | 50000 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 6045835 | 15769 | SH |  | DFND | 1 | 15769 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 46353060 | 120900 | SH | Put | DFND | 1 | 120900 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 186420 | 1500 | SH | Put | DFND | 1 | 1500 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 8711712 | 317251 | SH |  | DFND | 1 | 317251 | 0 | 0 |
| WEBSTER FINL CORP | COM | 947890109 |  | 7304442 | 105221 | SH |  | DFND | 1 | 105221 | 0 | 0 |
| WELLS FARGO  CO | COM | 949746101 |  | 670714 | 8425 | SH |  | DFND | 1 | 8425 | 0 | 0 |
| WELLS FARGO  CO | COM | 949746101 |  | 2388300 | 30000 | SH | Put | DFND | 1 | 30000 | 0 | 0 |
| ZEO ENERGY CORP | CL A | 98944F109 |  | 6225 | 10845 | SH |  | DFND | 1 | 10845 | 0 | 0 |
| ZILLOW GROUP INC | CL A | 98954M101 |  | 1980985 | 47873 | SH |  | DFND | 1 | 47873 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 2806 | 20 | SH |  | DFND | 1 | 20 | 0 | 0 |

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