# EDGAR Filing Document

**Accession Number:** 0001279891
**File Stem:** 0001279891-25-000042
**Filing Date:** 2025-10
**Character Count:** 166428
**Document Hash:** 66ba2042b998f4fbe4a583d62ef09e6d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001279891-25-000042.hdr.sgml**: 20251028

**ACCESSION NUMBER**: 0001279891-25-000042

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251028

**DATE AS OF CHANGE**: 20251028

**EFFECTIVENESS DATE**: 20251028

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WOLVERINE ASSET MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001279891

**ORGANIZATION NAME:**
- **EIN:** 020611276

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10687
- **FILM NUMBER:** 251422457

**BUSINESS ADDRESS:**
- **STREET 1:** 175 W. JACKSON
- **STREET 2:** SUITE 340
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60064
- **BUSINESS PHONE:** 3128844400

**MAIL ADDRESS:**
- **STREET 1:** 175 WEST JACKSON
- **STREET 2:** SUITE 340
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60604

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** WOLVERINE ASSET MANAGEMENT LLC<br>**Address:** 175 WEST JACKSON<br>SUITE 340<br>CHICAGO, IL 60604

**Form 13F File Number:** 028-10687

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:** Kenneth Nadel<br>**Title:** Chief Operating Officer<br>**Phone:** 312-884-3505

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

Kenneth Nadel  Chicago, IL  10-28-2025<br>[Signature]  [City, State]  [Date]

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

[x] **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).)

[ ] **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:** 1591

**Form 13F Information Table Value Total:** $13521438892

      (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   |
|:---|:---|:---|
|  | Wolverine Holdings L.P. | 028-17506              |

### 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 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 21930 | 3400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CONFLUENT INC | CLASS A COM | 20717M103 |  | 130680 | 6600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 632842 | 11900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 1415600 | 40000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 10136 | 400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 2387 | 100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 1933259 | 6000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 |  | 8173 | 200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 |  | 4641 | 2100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 1084710 | 57000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 11277500 | 50000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VIRGIN GALACTIC HOLDINGS INC | COM NEW | 92766K403 |  | 386 | 100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 437305 | 8200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UNISYS CORP | COM NEW | 909214306 |  | 391950 | 100500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 13432102 | 39800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MARA HOLDINGS INC | COM | 565788106 |  | 14608 | 800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 643770 | 3000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 465355 | 31700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 2245916 | 27700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 46109700 | 210000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1513065 | 1900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 11826500 | 15500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 17199472 | 108200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 43559595 | 84100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 85080480 | 456000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 26070948 | 92700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 43315728 | 97400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 104428142 | 305900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AIRSHIP AI HLDGS INC | COM | 008940108 |  | 5170 | 1000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ARQIT QUANTUM INC | COM NEW | G0567U127 |  | 19375 | 500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| FORTRESS BIOTECH INC | COM NEW | 34960Q307 |  | 2217 | 600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VILLAGE FARMS INTL INC | COM | 92707Y108 |  | 7825 | 2500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AMC NETWORKS INC | CL A | 00164V103 |  | 311472 | 37800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 10520508 | 124400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| B  G FOODS INC NEW | COM | 05508R106 |  | 121382 | 27400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 15860 | 1300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COOPER STD HLDGS INC | COM | 21676P103 |  | 779223 | 21100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 1122000 | 30000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| GRAFTECH INTL LTD | COM NEW | 384313607 |  | 256400 | 20000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SHIFT4 PMTS INC | CL A | 82452J109 |  | 193500 | 2500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| FIVE POINT HOLDINGS LLC | COM CL A | 33833Q106 |  | 1839 | 300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| FORTUNA MNG CORP | COM NEW | 349942102 |  | 896 | 100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| GRAY MEDIA INC | COM | 389375106 |  | 94792 | 16400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| HOWARD HUGHES HOLDINGS INC | COM | 44267T102 |  | 41085 | 500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| HERBALIFE LTD | COM SHS | G4412G101 |  | 1341116 | 158900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MERCER INTL INC | COM | 588056101 |  | 16992 | 5900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 1521 | 300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MILLROSE PPTYS INC | COM CL A | 601137102 |  | 13444 | 400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PERIMETER SOLUTIONS INC | COMMON STOCK | 71385M107 |  | 55975 | 2500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| READY CAPITAL CORP | COM | 75574U101 |  | 1161 | 300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 554063 | 3100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 1054416 | 800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TEADS HLDG CO | COM | 69002R103 |  | 71115 | 43100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TRONOX HOLDINGS PLC | SHS | G9087Q102 |  | 14471 | 3600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UNITI GROUP LLC | COM SHS | 912932100 |  | 64260 | 10500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 12952850 | 145000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 192405 | 1500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 785910 | 10200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| WW INTL INC | COM NEW | 98262P200 |  | 5611536 | 205100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1177644 | 15600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 15841922 | 73400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 18096 | 1200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 93754766 | 368200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 10974996 | 47400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 4366444 | 32600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 3772980 | 15300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 5785100 | 16400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 73710 | 300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 9520410 | 46500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 37745607 | 233300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 1410999 | 5000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 6776064 | 20400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 17873 | 100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 37671018 | 730200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 5630370 | 11800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 31420 | 1000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 6375366 | 67400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1666134 | 1800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 9788100 | 41300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 5282024 | 77200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 256325 | 3400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 6739586 | 43400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 9915700 | 86600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 1150875 | 9300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 6768450 | 22500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 48393385 | 198700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 33766590 | 138900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 5551103 | 13700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 147350 | 700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 53971885 | 1608700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 6708450 | 15000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 4876546 | 26300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 14951382 | 47400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 1339663 | 20200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 4987500 | 10500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 4525820 | 33800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 4152313 | 7300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 972448 | 3200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 257147 | 2700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 39583082 | 53900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 9844989 | 117300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 15132600 | 180000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 19308728 | 115400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 4675788 | 3900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 2803146 | 40200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 4417344 | 4800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 61086 | 300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 2907108 | 20700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 4038580 | 158500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 4317565 | 28100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 10671570 | 58500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 2384340 | 14700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 4989264 | 74400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 23856024 | 143400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 1355373 | 8100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 7757820 | 91700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 9547 | 100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 65272 | 200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 221802 | 600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 511144 | 18100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 1406558 | 2900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 12144553 | 66100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 3379965 | 34500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 10497120 | 30400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2773245 | 63100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 23561802 | 281100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 1298556 | 12600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 15007025 | 133100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 3096 | 200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CLARITEV CORPORATION | CL A NEW | 62548M209 |  | 10616 | 200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COMMUNITY HEALTH SYS INC NEW | COM | 203668108 |  | 1284000 | 400000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 2947302 | 43800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ENOVIS CORPORATION | COM | 194014502 |  | 391386 | 12900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| JETBLUE AWYS CORP | COM | 477143101 |  | 314388 | 63900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 309149 | 1900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 220100 | 10000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 3638646 | 75900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 23130 | 3000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 47212 | 200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VAREX IMAGING CORP | COM | 92214X106 |  | 7440 | 600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VIASAT INC | COM | 92552V100 |  | 1136840 | 38800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| XEROX HOLDINGS CORP | COM NEW | 98421M106 |  | 1880 | 500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 36290100 | 110000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 18828250 | 185500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 6461464 | 22900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AFFIRM HLDGS INC | COM CL A | 00827B106 |  | 1936620 | 26500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ANTERO MIDSTREAM CORP | COM | 03676B102 |  | 968112 | 49800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMPHASTAR PHARMACEUTICALS IN | COM | 03209R103 |  | 18655 | 700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| APOLLO COML REAL EST FIN INC | COM | 03762U105 |  | 110417 | 10900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BLACKBERRY LTD | COM | 09228F103 |  | 8690304 | 1780800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BIGBEAR AI HLDGS INC | COM | 08975B109 |  | 332520 | 51000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BRIDGEBIO PHARMA INC | COM | 10806X102 |  | 2565836 | 49400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 13545 | 2100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BKV CORP | COM | 05603J108 |  | 11565 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BORR DRILLING LTD | SHS | G1466R173 |  | 157903 | 58700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BITDEER TECHNOLOGIES GROUP | CL A ORD SHS | G11448100 |  | 49080771 | 2871900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 9109620 | 343500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BEYOND MEAT INC | COM | 08862E109 |  | 3058587 | 1618300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 2653179 | 26700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CIPHER MINING INC | COM | 17253J106 |  | 21333755 | 1694500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CIVITAS RESOURCES INC | COM NEW | 17888H103 |  | 2590250 | 79700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CLEANSPARK INC | COM NEW | 18452B209 |  | 80902750 | 5579500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CNX RES CORP | COM | 12653C108 |  | 815848 | 25400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COLLEGIUM PHARMACEUTICAL INC | COM | 19459J104 |  | 6998 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 4456484 | 83800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CERENCE INC | COM | 156727109 |  | 363832 | 29200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CVR ENERGY INC | COM | 12662P108 |  | 14595647 | 400100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CYTOKINETICS INC | COM NEW | 23282W605 |  | 274800 | 5000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DYNAVAX TECHNOLOGIES CORP | COM NEW | 268158201 |  | 136041 | 13700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 18133836 | 512400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 3747635 | 68500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 897918 | 600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FIVE9 INC | COM | 338307101 |  | 433180 | 17900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FASTLY INC | CL A | 31188V100 |  | 6988770 | 817400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FUBOTV INC | COM | 35953D104 |  | 6264010 | 1509400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 2407034 | 13300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 3777010 | 51500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IMMUNOCORE HLDGS PLC | ADS | 45258D105 |  | 610343 | 16800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INDIE SEMICONDUCTOR INC | CLASS A COM | 45569U101 |  | 7541303 | 1852900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IONIS PHARMACEUTICALS INC | COM | 462222100 |  | 2289700 | 35000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 247349258 | 5270600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LUMINAR TECHNOLOGIES INC | COM NEW CL A | 550424303 |  | 5685497 | 2976700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LUCID GROUP INC | COM NEW | 549498202 |  | 482953653 | 20300700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CENTRUS ENERGY CORP | CL A | 15643U104 |  | 217049 | 700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 2541602 | 100300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MARA HOLDINGS INC | COM | 565788106 |  | 149277326 | 8175100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 799645 | 33500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 429828140 | 1334000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 2057794 | 45800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 |  | 1565321 | 38300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NOBLE CORP PLC | ORD SHS A | G65431127 |  | 1258460 | 44500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 |  | 254371 | 115100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 164304726 | 21562300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NORTHERN OIL  GAS INC | COM | 665531307 |  | 2142720 | 86400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NOVAVAX INC | COM NEW | 670002401 |  | 1940346 | 223800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 160200 | 15000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 12795945 | 259500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PBF ENERGY INC | CL A | 69318G106 |  | 6034000 | 200000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 34684 | 2300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PACIRA BIOSCIENCES INC | COM | 695127100 |  | 649404 | 25200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PRECISION DRILLING CORP | COM NEW | 74022D407 |  | 563600 | 10000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PROGRESS SOFTWARE CORP | COM | 743312100 |  | 7810754 | 177800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 |  | 3931200 | 1260000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 45479797 | 2389900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 205370264 | 13989800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RAPID7 INC | COM | 753422104 |  | 371250 | 19800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RYAN SPECIALTY HOLDINGS INC | CL A | 78351F107 |  | 1008844 | 17900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ECHOSTAR CORP | CL A | 278768106 |  | 320712 | 4200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SEADRILL LTD | COM | G7997W102 |  | 21147 | 700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 29107900 | 786700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SM ENERGY CO | COM | 78454L100 |  | 1051237 | 42100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 65984616 | 1376400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SEMTECH CORP | COM | 816850101 |  | 7145 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 33990385 | 150700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VIRGIN GALACTIC HOLDINGS INC | COM NEW | 92766K403 |  | 22889414 | 5929900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SAREPTA THERAPEUTICS INC | COM | 803607100 |  | 745749 | 38700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SILVERCORP METALS INC | COM | 82835P103 |  | 304624 | 48200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 767952 | 14400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TEMPUS AI INC | CL A | 88023B103 |  | 16965242 | 210200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADS | 881624209 |  | 5256040 | 260200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 32032 | 800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNISYS CORP | COM NEW | 909214306 |  | 3495569 | 896300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VALARIS LTD | CL A | G9460G101 |  | 13084991 | 268300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BRISTOW GROUP INC | COM | 11040G103 |  | 36079 | 1000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 101711138 | 1138600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WEATHERFORD INTL PLC | ORD SHS | G48833118 |  | 540597 | 7900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TERAWULF INC | COM | 88080T104 |  | 48706300 | 4265000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ZIFF DAVIS INC | COM | 48123V102 |  | 1992630 | 52300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BRUKER CORP | COM | 116794108 |  | 2683674 | 82600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 44029320 | 204000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 90871 | 3700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ATS CORPORATION | COM | 00217Y104 |  | 86293 | 3300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 14518602 | 502200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 11619738 | 647700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 15486341 | 755800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 14465232 | 746400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 129311155 | 723500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BILL HOLDINGS INC | COM | 090043100 |  | 95346 | 1800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 157607830 | 467000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 14433186 | 217400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GAMESTOP CORP NEW | CL A | 36467W109 |  | 57637184 | 2112800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 128754 | 600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 63916827 | 291100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 7485690 | 9400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 23118900 | 30300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 18328088 | 115300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 61584255 | 118900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 130512710 | 699500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 36533076 | 129900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 88232448 | 198400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WEBULL CORP | ORD SHS | G9572D103 |  | 7394 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CXAPP INC | COM CL A | 23248B109 |  | 737 | 1000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LIVEWIRE GROUP INC | COM | 53838J105 |  | 475 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ARBOR REALTY TRUST INC | COM | 038923108 |  | 6105 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ARCOSA INC | COM | 039653100 |  | 84339 | 900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FIRST MAJESTIC SILVER CORP | COM | 32076V103 |  | 49668805 | 4041400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 348008 | 4100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMC NETWORKS INC | CL A | 00164V103 |  | 1045656 | 126900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ARRAY TECHNOLOGIES INC | COM SHS | 04271T100 |  | 5919345 | 726300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 640256 | 12800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALGOMA STL GROUP INC | COM | 015658107 |  | 375408 | 105600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| A10 NETWORKS INC | COM | 002121101 |  | 114344 | 6300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ADTALEM GLOBAL ED INC | COM | 00737L103 |  | 417015 | 2700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 1865864 | 2600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 94380120 | 1116000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| B  G FOODS INC NEW | COM | 05508R106 |  | 269787 | 60900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BLACKSKY TECHNOLOGY INC | CL A NEW | 09263B207 |  | 1612000 | 80000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| B2GOLD CORP | COM | 11777Q209 |  | 990 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BLUELINX HLDGS INC | COM NEW | 09624H208 |  | 7308 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BOYD GAMING CORP | COM | 103304101 |  | 17290 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CARDLYTICS INC | COM | 14161W105 |  | 607986 | 250200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CENTURY ALUM CO | COM | 156431108 |  | 11744 | 400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CHURCHILL DOWNS INC | COM | 171484108 |  | 10641997 | 109700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 610000 | 50000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CINEMARK HLDGS INC | COM | 17243V102 |  | 509964 | 18200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COMPASS DIVERSIFIED | SH BEN INT | 20451Q104 |  | 115850 | 17500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MR COOPER GROUP INC | COM | 62482R107 |  | 737765 | 3500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 24554 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CAPITAL SOUTHWEST CORP | COM | 140501107 |  | 756356 | 34600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DIVERSIFIED HEALTHCARE TR | COM SH BEN INT | 25525P107 |  | 302526 | 68600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRUMP MEDIA  TECHNOLOGY GRO | COM | 25400Q105 |  | 7040896 | 428800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 8949820 | 239300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DELUXE CORP | COM | 248019101 |  | 629200 | 32500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DENISON MINES CORP | COM | 248356107 |  | 3266725 | 1187900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GRAFTECH INTL LTD | COM NEW | 384313607 |  | 1282 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENERGIZER HLDGS INC NEW | COM | 29272W109 |  | 6391752 | 256800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENOVA INTL INC | COM | 29357K103 |  | 126599 | 1100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENOVIX CORPORATION | COM | 293594107 |  | 15997862 | 1604600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FIRSTCASH HOLDINGS INC | COM | 33768G107 |  | 6035802 | 38100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FLUENCE ENERGY INC | COM CL A | 34379V103 |  | 14226840 | 1317300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 5816600 | 22900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SHIFT4 PMTS INC | CL A | 82452J109 |  | 843660 | 10900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FIVE POINT HOLDINGS LLC | COM CL A | 33833Q106 |  | 73560 | 12000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FORTUNA MNG CORP | COM NEW | 349942102 |  | 4717440 | 526500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 1067904 | 6400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORP | COM | 83001C108 |  | 536192 | 23600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GFL ENVIRONMENTAL INC | SUB VTG SHS | 36168Q104 |  | 85284 | 1800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GALAXY DIGITAL INC. | CL A | 36317J209 |  | 3381 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GREEN PLAINS INC | COM | 393222104 |  | 2102567 | 239200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 |  | 1775900 | 295000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GROUPON INC | COM NEW | 399473206 |  | 4455180 | 190800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GATES INDL CORP PLC | ORD SHS | G39108108 |  | 260610 | 10500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GRAY MEDIA INC | COM | 389375106 |  | 1549618 | 268100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HOWARD HUGHES HOLDINGS INC | COM | 44267T102 |  | 65736 | 800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HERBALIFE LTD | COM SHS | G4412G101 |  | 9755796 | 1155900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 1452864 | 5600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ANYWHERE REAL ESTATE INC | COM | 75605Y106 |  | 1059 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INNOVATIVE INDL PPTYS INC | COM | 45781V101 |  | 42864 | 800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 2925678 | 28700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 817160 | 6200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 3721871 | 106400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| KBR INC | COM | 48242W106 |  | 1153876 | 24400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INTUITIVE MACHINES INC | CLASS A COM | 46125A100 |  | 4759248 | 452400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MERCER INTL INC | COM | 588056101 |  | 782496 | 271700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 928888 | 26800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 46224644 | 689200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 62361 | 12300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MILLROSE PPTYS INC | COM CL A | 601137102 |  | 4856645 | 144500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 2037964 | 57700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MCEWEN INC. | COM NEW | 58039P305 |  | 5841360 | 341600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 5647181 | 50300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 9364326 | 380200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 9943730 | 61400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| OUTFRONT MEDIA INC | COM NEW | 69007J304 |  | 3664 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PENNYMAC FINL SVCS INC NEW | COM | 70932M107 |  | 2774912 | 22400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PHINIA INC | COMMON STOCK | 71880K101 |  | 701256 | 12200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PLANET LABS PBC | COM CL A | 72703X106 |  | 122012 | 9400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PENNYMAC MTG INVT TR | COM | 70931T103 |  | 771154 | 62900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| POST HLDGS INC | COM | 737446104 |  | 4395932 | 40900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 850850 | 38500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 1699710 | 26500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| READY CAPITAL CORP | COM | 75574U101 |  | 8514 | 2200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RYMAN HOSPITALITY PPTYS INC | COM | 78377T107 |  | 1675333 | 18700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 206159 | 18100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ROCKET LAB CORP | COM | 773121108 |  | 170693748 | 3562800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| REPAY HLDGS CORP | COM CL A | 76029L100 |  | 50208 | 9600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 1882000 | 50000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RAYONIER ADVANCED MATLS INC | COM | 75508B104 |  | 161006 | 22300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SINCLAIR INC | CL A | 829242106 |  | 16610 | 1100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 56836140 | 318000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 2327500 | 100000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SPIRIT AEROSYSTEMS HLDGS INC | COM CL A | 848574109 |  | 40923720 | 1060200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 541436 | 6100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SSR MINING IN | COM | 784730103 |  | 4297920 | 176000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| STEM INC | COM NEW | 85859N300 |  | 515088 | 29400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 406770 | 21000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SERVICE PPTYS TR | COM SH BEN INT | 81761L102 |  | 8672 | 3200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRIP COM GROUP LTD | ADS | 89677Q107 |  | 7520 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 2240634 | 1700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TEADS HLDG CO | COM | 69002R103 |  | 372735 | 225900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 780672 | 38400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRINET GROUP INC | COM | 896288107 |  | 1598671 | 23900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRONOX HOLDINGS PLC | SHS | G9087Q102 |  | 256074 | 63700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 99780 | 3000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITI GROUP LLC | COM SHS | 912932100 |  | 1020816 | 166800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UPSTART HLDGS INC | COM | 91680M107 |  | 228599 | 4500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| US FOODS HLDG CORP | COM | 912008109 |  | 459720 | 6000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VIRTU FINL INC | CL A | 928254101 |  | 262700 | 7400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VERRA MOBILITY CORP | CL A COM STK | 92511U102 |  | 49400 | 2000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 16339728 | 83400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WINNEBAGO INDS INC | COM | 974637100 |  | 10032 | 300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 23345140 | 182000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 628749 | 8700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 60800 | 400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 955419 | 12400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WW INTL INC | COM NEW | 98262P200 |  | 2736 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HERC HLDGS INC | COM | 42704L104 |  | 128326 | 1100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 2906365 | 38500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 4013460 | 49500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 116773318 | 458600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 20884908 | 90200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 12858240 | 96000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 5721120 | 23200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 16367600 | 46400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 98280 | 400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 13287626 | 64900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 54620304 | 337600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 3301740 | 11700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 14183232 | 42700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 43480052 | 842800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 13530 | 300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 13073910 | 27400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 587554 | 18700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 11227833 | 118700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 5738906 | 6200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 20026500 | 84500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 10304052 | 150600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 1666119 | 22100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 17112958 | 110200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 91452 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 16717000 | 146000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 74250 | 600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 14890590 | 49500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 48466450 | 199000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 51051000 | 210000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 12520371 | 30900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 105250 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 45302565 | 1350300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 15921388 | 35600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 13869416 | 74800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 27000808 | 85600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 3349160 | 50500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 9975000 | 21000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 25131 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 9386390 | 70100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 8190864 | 14400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 3920181 | 12900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 108027298 | 147100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 13772913 | 164100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 16242324 | 193200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 20630556 | 123300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 19302612 | 16100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 3333094 | 47800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 7362240 | 8000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 81448 | 400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 7443320 | 53000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 2142868 | 84100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 10386740 | 67600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 14903714 | 81700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 4087440 | 25200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 1951446 | 29100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 33588084 | 201900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 2125091 | 12700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 8290800 | 98000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2596784 | 27200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 2304383 | 81600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 224250 | 2500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 28908 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 3880160 | 8000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 24399344 | 132800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 2713769 | 27700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 9910110 | 28700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 23637 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 6144840 | 18000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 6755115 | 153700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 25506426 | 304300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 5173612 | 50200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 27443350 | 243400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 17967140 | 1598500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 |  | 6490279 | 250300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALIGNMENT HEALTHCARE INC | COM | 01625V104 |  | 2650655 | 151900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AST SPACEMOBILE INC | COM CL A | 00217D100 |  | 95602932 | 1947900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BAUSCH PLUS LOMB CORP | COMMON SHARES | 071705107 |  | 215501 | 14300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 99710 | 2600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 47988 | 3100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CLARITEV CORPORATION | CL A NEW | 62548M209 |  | 297248 | 5600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COMMUNITY HEALTH SYS INC NEW | COM | 203668108 |  | 3210 | 1000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 4829425 | 85100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 7507155 | 56500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 1016079 | 15100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 1130478 | 8900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENOVIS CORPORATION | COM | 194014502 |  | 279128 | 9200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| EVOLENT HEALTH INC | CL A | 30050B101 |  | 4230 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FRONTIER COMMUNICATIONS PARE | COM | 35909D109 |  | 310005 | 8300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GUARDANT HEALTH INC | COM | 40131M109 |  | 524832 | 8400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HAEMONETICS CORP MASS | COM | 405024100 |  | 531266 | 10900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HIMS  HERS HEALTH INC | COM CL A | 433000106 |  | 26505256 | 467300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IRHYTHM TECHNOLOGIES INC | COM | 450056106 |  | 51597 | 300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JETBLUE AWYS CORP | COM | 477143101 |  | 13582152 | 2760600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 39505988 | 242800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LIVANOVA PLC | SHS | G5509L101 |  | 455706 | 8700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 1604529 | 72900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MERIT MED SYS INC | COM | 589889104 |  | 41615 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 1856192 | 9700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 34023 | 300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NOVOCURE LTD | ORD SHS | G6674U108 |  | 1292 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PAGERDUTY INC | COM | 69553P100 |  | 3304 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 1914126 | 6200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SABRE CORP | COM | 78573M104 |  | 1281 | 700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SEMLER SCIENTIFIC INC | COM | 81684M104 |  | 9000 | 300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 5161845 | 669500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 23606000 | 100000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 7512480 | 37000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRANSMEDICS GROUP INC | COM | 89377M109 |  | 1245420 | 11100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 19628100 | 203400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VAREX IMAGING CORP | COM | 92214X106 |  | 12400 | 1000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VIASAT INC | COM | 92552V100 |  | 2979810 | 101700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 3085542 | 25700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| XPO INC | COM | 983793100 |  | 1486605 | 11500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| XEROX HOLDINGS CORP | COM NEW | 98421M106 |  | 338400 | 90000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ZTO EXPRESS CAYMAN INC | SPONSORED ADS A | 98980A105 |  | 1152000 | 60000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 82048617 | 248700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 24603600 | 242400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 16506360 | 58500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VIRTUS ARTIFICIAL INTELLIGEN | COM | 92838Y100 |  | 1592011 | 66251 | SH |  | DFND | 1 | 66251 | 0 | 0 |
| BANCROFT FD LTD | COM | 059695106 |  | 82277 | 3760 | SH |  | DFND | 1 | 3760 | 0 | 0 |
| CALAMOS CONV OPPORTUNITIES | SH BEN INT | 128117108 |  | 3048790 | 282557 | SH |  | DFND | 1 | 282557 | 0 | 0 |
| CALAMOS CONV  HIGH INCOME F | COM SHS | 12811P108 |  | 2677742 | 238658 | SH |  | DFND | 1 | 238658 | 0 | 0 |
| CALAMOS STRATEGIC TOTAL RETU | COM SH BEN INT | 128125101 |  | 1777052 | 92123 | SH |  | DFND | 1 | 92123 | 0 | 0 |
| EATON VANCE ENHANCED EQUITY | COM | 278277108 |  | 975338 | 40758 | SH |  | DFND | 1 | 40758 | 0 | 0 |
| COHEN  STEERS CLOSED-END OP | COM | 19248P106 |  | 28701 | 2201 | SH |  | DFND | 1 | 2201 | 0 | 0 |
| CLOUGH GLOBAL OPPORTUNITIES | SH BEN INT | 18914E106 |  | 145469 | 25521 | SH |  | DFND | 1 | 25521 | 0 | 0 |
| CLOUGH GLOBAL EQUITY FD | COM | 18914C100 |  | 77766 | 10219 | SH |  | DFND | 1 | 10219 | 0 | 0 |
| CLOUGH GLOBAL DIVID  INCOME | COM | 18913Y103 |  | 86513 | 14540 | SH |  | DFND | 1 | 14540 | 0 | 0 |
| INDIA FD INC | COM | 454089103 |  | 48887 | 3337 | SH |  | DFND | 1 | 3337 | 0 | 0 |
| COLUMBIA SELIGM PREM TECH GR | COM | 19842X109 |  | 1891068 | 53541 | SH |  | DFND | 1 | 53541 | 0 | 0 |
| LIBERTY ALL STAR EQUITY FD | SH BEN INT | 530158104 |  | 4331183 | 683152 | SH |  | DFND | 1 | 683152 | 0 | 0 |
| EATON VANCE NATL MUN OPPORT | COM SHS | 27829L105 |  | 195303 | 11737 | SH |  | DFND | 1 | 11737 | 0 | 0 |
| WESTERN ASSET HIGH INCOME OP | COM | 95766K109 |  | 1018967 | 265356 | SH |  | DFND | 1 | 265356 | 0 | 0 |
| WESTERN ASSET HIGH YIELD OPP | COM | 95768B107 |  | 274985 | 23483 | SH |  | DFND | 1 | 23483 | 0 | 0 |
| BLACKROCK CORPOR HI YLD FD I | COM | 09255P107 |  | 718931 | 75677 | SH |  | DFND | 1 | 75677 | 0 | 0 |
| NUVEEN FLOATING RATE INCOME | COM | 67072T108 |  | 544976 | 66623 | SH |  | DFND | 1 | 66623 | 0 | 0 |
| MORGAN STANLEY EMKT DBT FD I | COM | 61744H105 |  | 993343 | 134782 | SH |  | DFND | 1 | 134782 | 0 | 0 |
| INVESCO SR INCOME TR | COM | 46131H107 |  | 984473 | 284530 | SH |  | DFND | 1 | 284530 | 0 | 0 |
| ADVANCED ENERGY INDS | NOTE  2.500% 9/1 | 007973AE0 |  | 73674901 | 53203000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| FIRST MAJESTIC SILVER CORP | NOTE  0.375% 1/1 | 32076VAD5 |  | 38260865 | 35475000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | NOTE  1.125% 2/1 | 00971TAN1 |  | 4704625 | 5000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 3556800 | 7800 | SH |  | DFND | 1 | 7800 | 0 | 0 |
| ALARM COM HLDGS INC | NOTE  2.250% 6/0 | 011642AD7 |  | 48401020 | 50444000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ANTERO MIDSTREAM CORP | COM | 03676B102 |  | 81570 | 4196 | SH |  | DFND | 1 | 4196 | 0 | 0 |
| AMPHASTAR PHARMACEUTICALS IN | COM | 03209R103 |  | 126400 | 4743 | SH |  | DFND | 1 | 4743 | 0 | 0 |
| APELLIS PHARMACEUTICALS INC | NOTE  3.500% 9/1 | 03753UAB2 |  | 3196891 | 3122000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ASCENDIS PHARMA A/S | NOTE  2.250% 4/0 | 04351PAD3 |  | 127161015 | 93235000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BLACKBERRY LTD | NOTE  3.000% 2/1 | 09228FAM5 |  | 28143400 | 18955000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BRIDGEBIO PHARMA INC | NOTE  2.250% 2/0 | 10806XAD4 |  | 44009105 | 44500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BRIDGEBIO PHARMA INC | NOTE  2.500% 3/1 | 10806XAB8 |  | 126635287 | 90165000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 539168 | 83592 | SH |  | DFND | 1 | 83592 | 0 | 0 |
| BLACKLINE INC | NOTE  1.000% 6/0 | 09239BAF6 |  | 42293752 | 40750000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BENTLEY SYS INC | COM CL B | 08265T208 |  | 1176060 | 22845 | SH |  | DFND | 1 | 22845 | 0 | 0 |
| PEABODY ENGR CORP | NOTE  3.250% 3/0 | 704551AD2 |  | 15253761 | 10131000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 2488955 | 93852 | SH |  | DFND | 1 | 93852 | 0 | 0 |
| BEYOND MEAT INC | NOTE         3/1 | 08862EAB5 |  | 29293892 | 117820000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 107021 | 1077 | SH |  | DFND | 1 | 1077 | 0 | 0 |
| CIPHER MINING INC | NOTE  1.750% 5/1 | 17253JAA4 |  | 77137580 | 25825000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CIVITAS RESOURCES INC | COM NEW | 17888H103 |  | 1797705 | 55314 | SH |  | DFND | 1 | 55314 | 0 | 0 |
| CLEANSPARK INC | COM NEW | 18452B209 |  | 857704 | 59152 | SH |  | DFND | 1 | 59152 | 0 | 0 |
| CNX RES CORP | COM | 12653C108 |  | 267784 | 8337 | SH |  | DFND | 1 | 8337 | 0 | 0 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 1038818 | 19534 | SH |  | DFND | 1 | 19534 | 0 | 0 |
| CERENCE INC | COM | 156727109 |  | 40395 | 3242 | SH |  | DFND | 1 | 3242 | 0 | 0 |
| DYNAVAX TECHNOLOGIES CORP | DEBT  2.000% 3/1 | 268158AE2 |  | 28137234 | 30275000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| EMERGENT BIOSOLUTIONS INC | COM | 29089Q105 |  | 1542909 | 174933 | SH |  | DFND | 1 | 174933 | 0 | 0 |
| ENCORE CAP GROUP INC | NOTE  4.000% 3/1 | 292554AP7 |  | 13955428 | 14000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ENPHASE ENERGY INC | NOTE         3/0 | 29355AAK3 |  | 19040626 | 21966000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 5590558 | 157970 | SH |  | DFND | 1 | 157970 | 0 | 0 |
| ESPERION THERAPEUTICS INC NE | COM | 29664W105 |  | 235600 | 88906 | SH |  | DFND | 1 | 88906 | 0 | 0 |
| FIVE9 INC | COM | 338307101 |  | 319101 | 13186 | SH |  | DFND | 1 | 13186 | 0 | 0 |
| FUBOTV INC | NOTE  3.250% 2/1 | 35953DAB0 |  | 1977107 | 2000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| GOSSAMER BIO INC | NOTE  5.000% 6/0 | 38341PAA0 |  | 15109630 | 21996000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 809342 | 4472 | SH |  | DFND | 1 | 4472 | 0 | 0 |
| GREEN PLAINS INC | COM | 393222104 |  | 1840801 | 209420 | SH |  | DFND | 1 | 209420 | 0 | 0 |
| GRIFOLS S A | SP ADR REP B NVT | 398438408 |  | 1640312 | 164690 | SH |  | DFND | 1 | 164690 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 4243452 | 57860 | SH |  | DFND | 1 | 57860 | 0 | 0 |
| IMMUNOCORE HLDGS PLC | NOTE  2.500% 2/0 | 45258DAB1 |  | 1822229 | 2000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| IONIS PHARMACEUTICALS INC | NOTE  1.750% 6/1 | 462222AF7 |  | 39472445 | 28562000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| IRHYTHM TECHNOLOGIES INC | NOTE  1.500% 9/0 | 450056AB2 |  | 78248263 | 57019000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| KALVISTA PHARMACEUTICALS INC | COM | 483497103 |  | 56783 | 4662 | SH |  | DFND | 1 | 4662 | 0 | 0 |
| CENTRUS ENERGY CORP | CL A | 15643U104 |  | 2291727 | 7391 | SH |  | DFND | 1 | 7391 | 0 | 0 |
| LI AUTO INC | NOTE  0.250% 5/0 | 50202MAB8 |  | 102557566 | 89484000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MARA HOLDINGS INC | NOTE  2.125% 9/0 | 565788AD8 |  | 39905387 | 32820000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 106746 | 4472 | SH |  | DFND | 1 | 4472 | 0 | 0 |
| STRATEGY INC | NOTE  2.250% 6/1 | 594972AN1 |  | 138539981 | 77600000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 456578 | 10162 | SH |  | DFND | 1 | 10162 | 0 | 0 |
| MACOM TECH SOLUTIONS HLDGS I | COM | 55405Y100 |  | 434345 | 3489 | SH |  | DFND | 1 | 3489 | 0 | 0 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 |  | 1335100 | 32667 | SH |  | DFND | 1 | 32667 | 0 | 0 |
| NIO INC | NOTE  3.875%10/1 | 62914VAJ5 |  | 75904988 | 70650000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NIO INC | NOTE  4.625%10/1 | 62914VAK2 |  | 2111986 | 2000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NORTHERN OIL  GAS INC | COM | 665531307 |  | 1207090 | 48673 | SH |  | DFND | 1 | 48673 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 172994 | 16198 | SH |  | DFND | 1 | 16198 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 2738529 | 55537 | SH |  | DFND | 1 | 55537 | 0 | 0 |
| OPKO HEALTH INC | NOTE  3.750% 1/1 | 68375NAG8 |  | 19934843 | 12950000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PG CORP | NOTE  4.250%12/0 | 69331CAL2 |  | 97201308 | 95964000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PACIRA BIOSCIENCES INC | COM | 695127100 |  | 299653 | 11628 | SH |  | DFND | 1 | 11628 | 0 | 0 |
| PRECISION DRILLING CORP | COM NEW | 74022D407 |  | 214280 | 3802 | SH |  | DFND | 1 | 3802 | 0 | 0 |
| PENGUIN SOLUTIONS INC | NOTE  2.250% 2/1 | 83205YAB0 |  | 18334508 | 13450000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| IMPINJ INC | NOTE  1.125% 5/1 | 453204AD1 |  | 16282167 | 9740000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PENNYMAC CORP | NOTE  5.500% 3/1 | 70932AAF0 |  | 8985227 | 9000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PROGRESS SOFTWARE CORP | NOTE  3.500% 3/0 | 743312AD2 |  | 32521129 | 32318000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PTC THERAPEUTICS INC | COM | 69366J200 |  | 1496937 | 24392 | SH |  | DFND | 1 | 24392 | 0 | 0 |
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 |  | 1091541 | 349853 | SH |  | DFND | 1 | 349853 | 0 | 0 |
| RAPID7 INC | COM | 753422104 |  | 206568 | 11017 | SH |  | DFND | 1 | 11017 | 0 | 0 |
| RYAN SPECIALTY HOLDINGS INC | CL A | 78351F107 |  | 289408 | 5135 | SH |  | DFND | 1 | 5135 | 0 | 0 |
| ECHOSTAR CORP | CL A | 278768106 |  | 271917 | 3561 | SH |  | DFND | 1 | 3561 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | NOTE  2.250% 7/0 | 83417MAE4 |  | 36272607 | 27425000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SM ENERGY CO | COM | 78454L100 |  | 479099 | 19187 | SH |  | DFND | 1 | 19187 | 0 | 0 |
| SUPER MICRO COMPUTER INC | NOTE  3.500% 3/0 | 86800UAB0 |  | 139921918 | 136938000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SEMTECH CORP | COM | 816850101 |  | 571 | 8 | SH |  | DFND | 1 | 8 | 0 | 0 |
| SNOWFLAKE INC | NOTE        10/0 | 833445AB5 |  | 27592835 | 18167000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SNOWFLAKE INC | NOTE        10/0 | 833445AD1 |  | 18480279 | 11800000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 10704828 | 47461 | SH |  | DFND | 1 | 47461 | 0 | 0 |
| SAREPTA THERAPEUTICS INC | COM | 803607100 |  | 504604 | 26186 | SH |  | DFND | 1 | 26186 | 0 | 0 |
| TRIP COM GROUP LTD | NOTE  0.750% 6/1 | 89677QAB3 |  | 64440125 | 50470000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 107307 | 2680 | SH |  | DFND | 1 | 2680 | 0 | 0 |
| VALARIS LTD | CL A | G9460G101 |  | 106172 | 2177 | SH |  | DFND | 1 | 2177 | 0 | 0 |
| VEECO INSTRS INC DEL | NOTE  2.875% 6/0 | 922417AJ9 |  | 33284379 | 25947000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| VERTEX INC | NOTE  0.750% 5/0 | 92538JAB2 |  | 51683427 | 50690000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| VARONIS SYS INC | NOTE  1.000% 9/1 | 922280AD4 |  | 17568267 | 16258000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| VITAL ENERGY INC | COM | 516806205 |  | 908225 | 53773 | SH |  | DFND | 1 | 53773 | 0 | 0 |
| BRISTOW GROUP INC | COM | 11040G103 |  | 65809 | 1824 | SH |  | DFND | 1 | 1824 | 0 | 0 |
| WEATHERFORD INTL PLC | ORD SHS | G48833118 |  | 13343 | 195 | SH |  | DFND | 1 | 195 | 0 | 0 |
| WORKIVA INC | NOTE  1.250% 8/1 | 98139AAD7 |  | 48176941 | 48733000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| WORLD KINECT CORPORATION | NOTE  3.250% 7/0 | 98149GAB6 |  | 24163977 | 21800000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ZIFF DAVIS INC | COM | 48123V102 |  | 210959 | 5537 | SH |  | DFND | 1 | 5537 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 1678600 | 14000 | SH |  | DFND | 1 | 14000 | 0 | 0 |
| BANK AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 4102703 | 3205 | SH |  | DFND | 1 | 3205 | 0 | 0 |
| BRUKER CORP | 6.375 PREF SER A | 116794207 |  | 23912571 | 88082 | SH |  | DFND | 1 | 88082 | 0 | 0 |
| SHIFT4 PMTS INC | 6 SER A CNV PREF | 82452J307 |  | 36513781 | 384348 | SH |  | DFND | 1 | 384348 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 61908 | 964 | SH |  | DFND | 1 | 964 | 0 | 0 |
| BOEING CO | DEP CONV PFD A | 097023204 |  | 41858049 | 601022 | SH |  | DFND | 1 | 601022 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | 7.625 MAND CONV | 42824C208 |  | 4371116 | 64180 | SH |  | DFND | 1 | 64180 | 0 | 0 |
| KKR  CO INC | 6.25 CON SER D | 48251W500 |  | 1964378 | 37605 | SH |  | DFND | 1 | 37605 | 0 | 0 |
| CHIMERA INVT CORP | COM SHS | 16934Q802 |  | 6965948 | 526925 | SH |  | DFND | 1 | 526925 | 0 | 0 |
| INVESCO MORTGAGE CAPITAL INC | COM | 46131B704 |  | 9004481 | 1191069 | SH |  | DFND | 1 | 1191069 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 287162 | 3743 | SH |  | DFND | 1 | 3743 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 119595 | 700 | SH |  | DFND | 1 | 700 | 0 | 0 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 1897928 | 83942 | SH |  | DFND | 1 | 83942 | 0 | 0 |
| GENWORTH FINL INC | COM SHS | 37247D106 |  | 573845 | 64477 | SH |  | DFND | 1 | 64477 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 538293 | 3195 | SH |  | DFND | 1 | 3195 | 0 | 0 |
| INDUSTRIAL LOGISTICS PPTYS T | COM SHS BEN INT | 456237106 |  | 30642 | 5256 | SH |  | DFND | 1 | 5256 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 858769 | 3771 | SH |  | DFND | 1 | 3771 | 0 | 0 |
| PROASSURANCE CORP | COM | 74267C106 |  | 2034112 | 84790 | SH |  | DFND | 1 | 84790 | 0 | 0 |
| SYNOVUS FINL CORP | COM NEW | 87161C501 |  | 962507 | 19611 | SH |  | DFND | 1 | 19611 | 0 | 0 |
| TOWER SEMICONDUCTOR LTD | SHS NEW | M87915274 |  | 315011 | 4357 | SH |  | DFND | 1 | 4357 | 0 | 0 |
| FORAFRIC GLOBAL PLC | *W EXP 06/09/202 | X3R81D110 |  | 62939 | 80004 | SH |  | DFND | 1 | 80004 | 0 | 0 |
| ROBO.AI INC. | *W EXP 11/11/202 | G6693P114 |  | 32480 | 194845 | SH |  | DFND | 1 | 194845 | 0 | 0 |
| ALVOTECH | ORDINARY SHARES | L01800108 |  | 188902 | 23065 | SH |  | DFND | 1 | 23065 | 0 | 0 |
| CHECHE GROUP INC | *W EXP 10/01/203 | G20707116 |  | 3948 | 92252 | SH |  | DFND | 1 | 92252 | 0 | 0 |
| FREIGHTOS LTD | *W EXP 99/99/999 | G51405119 |  | 23911 | 95645 | SH |  | DFND | 1 | 95645 | 0 | 0 |
| ALPHA TAU MEDICAL LTD | *W EXP 99/99/999 | M0740A116 |  | 30013 | 86996 | SH |  | DFND | 1 | 86996 | 0 | 0 |
| EUDA HEALTH HOLDINGS LTD | *W EXP 11/22/202 | G3142E121 |  | 4445 | 41434 | SH |  | DFND | 1 | 41434 | 0 | 0 |
| GRAB HOLDINGS LIMITED | *W EXP 99/99/999 | G4124C117 |  | 26607 | 52838 | SH |  | DFND | 1 | 52838 | 0 | 0 |
| HOLLEY INC | *W EXP 11/30/202 | 43538H111 |  | 14842 | 135794 | SH |  | DFND | 1 | 135794 | 0 | 0 |
| HUB CYBER SECURITY LTD | SHS NEW | M6000J168 |  | 19 | 10 | SH |  | DFND | 1 | 10 | 0 | 0 |
| INSPIRATO INCORPORATED | *W EXP 02/11/202 | 45791E115 |  | 1141 | 61029 | SH |  | DFND | 1 | 61029 | 0 | 0 |
| LIFEZONE METALS LIMITED | *W EXP 07/05/202 | G5568L117 |  | 309873 | 491863 | SH |  | DFND | 1 | 491863 | 0 | 0 |
| WM TECHNOLOGY INC | *W EXP 06/16/202 | 92971A117 |  | 1431 | 54843 | SH |  | DFND | 1 | 54843 | 0 | 0 |
| NET POWER INC | *W EXP 06/08/202 | 64107A113 |  | 99042 | 132057 | SH |  | DFND | 1 | 132057 | 0 | 0 |
| OCULIS HOLDING AG | ORDINARY SHARES | H5870P102 |  | 4729 | 269 | SH |  | DFND | 1 | 269 | 0 | 0 |
| PLANET LABS PBC | *W EXP 12/06/202 | 72703X114 |  | 1704360 | 477428 | SH |  | DFND | 1 | 477428 | 0 | 0 |
| RENEW ENERGY GLOBAL PLC | *W EXP 08/21/202 | G7500M120 |  | 9856 | 216161 | SH |  | DFND | 1 | 216161 | 0 | 0 |
| SCHMID GROUP N.V. | *W EXP 04/30/202 | N68722110 |  | 21542 | 78969 | SH |  | DFND | 1 | 78969 | 0 | 0 |
| SWVL HOLDINGS CORP | *W EXP 99/99/999 | G86302117 |  | 629 | 44651 | SH |  | DFND | 1 | 44651 | 0 | 0 |
| TABOOLA.COM LTD | *W EXP 99/99/999 | M8744T114 |  | 6032 | 70969 | SH |  | DFND | 1 | 70969 | 0 | 0 |
| UWM HOLDINGS CORPORATION | *W EXP 01/21/202 | 91823B117 |  | 20361 | 146695 | SH |  | DFND | 1 | 146695 | 0 | 0 |
| XOS INC | *W EXP 08/20/202 | 98423B116 |  | 255 | 21817 | SH |  | DFND | 1 | 21817 | 0 | 0 |
| ZOOZ PWR LTD | SHARE | M2573A106 |  | 428 | 200 | SH |  | DFND | 1 | 200 | 0 | 0 |
| STRATEGY INC | SERIES A PERP PF | 594972887 |  | 799377 | 8716 | SH |  | DFND | 1 | 8716 | 0 | 0 |
| AIRBNB INC | NOTE         3/1 | 009066AB7 |  | 97507868 | 99587000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BLOOM ENERGY CORP | NOTE  3.000% 6/0 | 093712AK3 |  | 389647609 | 86137000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| DRAFTKINGS INC NEW | NOTE         3/1 | 26142RAB0 |  | 95575827 | 106346000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE  4.625% 3/1 | 76954AAB9 |  | 96306442 | 92510000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SPECTRUM BRANDS INC | NOTE  3.375% 6/0 | 84762LAZ8 |  | 38564525 | 41392000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| WW INTL INC | COM NEW | 98262P200 |  | 1863079 | 68095 | SH |  | DFND | 1 | 68095 | 0 | 0 |
| KITE RLTY GROUP TR | COM NEW | 49803T300 |  | 4371580 | 196035 | SH |  | DFND | 1 | 196035 | 0 | 0 |
| ARTIUS II ACQUISITION INC | SHS CL A | G0509J115 |  | 674941 | 66628 | SH |  | DFND | 1 | 66628 | 0 | 0 |
| ARMADA ACQUISITION CORP II | COM CL A | G0R38G104 |  | 1659412 | 159039 | SH |  | DFND | 1 | 159039 | 0 | 0 |
| ARMADA ACQUISITION CORP II | *W EXP 05/21/203 | G0R38G112 |  | 31873 | 33555 | SH |  | DFND | 1 | 33555 | 0 | 0 |
| AA MISSION ACQUISITION CORP | ORD SHS CL A | G1000R101 |  | 26918681 | 2558810 | SH |  | DFND | 1 | 2558810 | 0 | 0 |
| AA MISSION ACQUISITION CORP | *W EXP 08/01/203 | G1000R127 |  | 75020 | 468875 | SH |  | DFND | 1 | 468875 | 0 | 0 |
| AIMEI HEALTH TECHNOLOGY CO L | SHS | G01341109 |  | 4547855 | 401754 | SH |  | DFND | 1 | 401754 | 0 | 0 |
| AIMEI HEALTH TECHNOLOGY CO L | RIGHT 11/17/2028 | G01341133 |  | 115549 | 361093 | SH |  | DFND | 1 | 361093 | 0 | 0 |
| ALDEL FINL II INC | CL A | G01558108 |  | 2568275 | 245768 | SH |  | DFND | 1 | 245768 | 0 | 0 |
| CENTURION ACQUISITION CORP | SHS CL A | G20315100 |  | 10173248 | 964289 | SH |  | DFND | 1 | 964289 | 0 | 0 |
| AGRICULTURE  NAT SOL ACQ CO | SHS CL A | G0131Y100 |  | 19592494 | 1795829 | SH |  | DFND | 1 | 1795829 | 0 | 0 |
| A PARADISE ACQUISITION CORP | COM CL A | G04819101 |  | 5750738 | 581000 | SH |  | DFND | 1 | 581000 | 0 | 0 |
| A SPAC III ACQUISITION CORP | ORD SHS CL A | G0544A103 |  | 5976623 | 578010 | SH |  | DFND | 1 | 578010 | 0 | 0 |
| A SPAC III ACQUISITION CORP | RIGHT 01/02/2026 | G0544A145 |  | 38083 | 199806 | SH |  | DFND | 1 | 199806 | 0 | 0 |
| ARCHIMEDES TECH SPAC PARTNER | ORD SHS | G04537109 |  | 4659225 | 456326 | SH |  | DFND | 1 | 456326 | 0 | 0 |
| ARCHIMEDES TECH SPAC PARTNER | *W EXP 10/15/202 | G04537125 |  | 1373 | 3521 | SH |  | DFND | 1 | 3521 | 0 | 0 |
| ALPHATIME ACQUISITION CORP | ORDINARY SHARES | G0223V105 |  | 974250 | 75000 | SH |  | DFND | 1 | 75000 | 0 | 0 |
| AXIOM INTELLIGENCE AC CORP 1 | ORD SHS CL A | G0750N104 |  | 1851564 | 185900 | SH |  | DFND | 1 | 185900 | 0 | 0 |
| BLUE ACQUISITION CORP. | ORD SHS CL A | G1331A108 |  | 2936750 | 293822 | SH |  | DFND | 1 | 293822 | 0 | 0 |
| BLEICHROEDER ACQUISITION COR | SHS CL A | G1169T104 |  | 3553648 | 341697 | SH |  | DFND | 1 | 341697 | 0 | 0 |
| BAYVIEW ACQUISITION CORP | ORD SHS | 07323B100 |  | 2330164 | 202976 | SH |  | DFND | 1 | 202976 | 0 | 0 |
| D. BORAL ARC ACQ I CORP. | SHS CL A | G2616F101 |  | 8440500 | 850000 | SH |  | DFND | 1 | 850000 | 0 | 0 |
| BLACK HAWK ACQUISITION CORP | USD CL A SHS | G1148A101 |  | 4015956 | 358888 | SH |  | DFND | 1 | 358888 | 0 | 0 |
| BLUE WTR ACQUISITION CORP. I | ORD SHS CL A | G1368E106 |  | 5288018 | 530393 | SH |  | DFND | 1 | 530393 | 0 | 0 |
| COLUMBUS CIRCLE CAP CORP. I | SHS CL A | G2296A109 |  | 466957 | 46142 | SH |  | DFND | 1 | 46142 | 0 | 0 |
| COLUMBUS CIRCLE CAP CORP. I | *W EXP 05/16/203 | G2296A117 |  | 55848 | 46540 | SH |  | DFND | 1 | 46540 | 0 | 0 |
| BEST SPAC I ACQUISITION CORP | USD CL A ORD SHS | G1069P103 |  | 3786282 | 376370 | SH |  | DFND | 1 | 376370 | 0 | 0 |
| BEST SPAC I ACQUISITION CORP | RIGHT 05/27/2030 | G1069P129 |  | 52221 | 372741 | SH |  | DFND | 1 | 372741 | 0 | 0 |
| CANTOR EQUITY PARTNERS III I | SHS CL A | G1828A108 |  | 1186800 | 115000 | SH |  | DFND | 1 | 115000 | 0 | 0 |
| CAYSON ACQUISITION CORP | SHS | G1993W109 |  | 5946007 | 568452 | SH |  | DFND | 1 | 568452 | 0 | 0 |
| CHURCHILL CAPITAL CORP IX | CL A SHS | G21301109 |  | 120520 | 11500 | SH |  | DFND | 1 | 11500 | 0 | 0 |
| CANTOR EQUITY PARTNERS IV IN | SHS CL A | G1828E100 |  | 1532557 | 150472 | SH |  | DFND | 1 | 150472 | 0 | 0 |
| CANTOR EQUITY PARTNERS I INC | SHS CL A | G1827K107 |  | 218488 | 20888 | SH |  | DFND | 1 | 20888 | 0 | 0 |
| CANTOR EQUITY PARTNERS II IN | CL A ORD SHS | G1827P106 |  | 1404619 | 133646 | SH |  | DFND | 1 | 133646 | 0 | 0 |
| CARTESIAN GROWTH CORP III | COM CL A | G19307100 |  | 3526277 | 351048 | SH |  | DFND | 1 | 351048 | 0 | 0 |
| CARTESIAN GROWTH CORP III | *W EXP 05/02/203 | G19307126 |  | 13298 | 53195 | SH |  | DFND | 1 | 53195 | 0 | 0 |
| CRANE HBR ACQUISITION CORP | CL A | G24979109 |  | 2710026 | 267261 | SH |  | DFND | 1 | 267261 | 0 | 0 |
| CRANE HBR ACQUISITION CORP | RIGHT 04/17/2030 | G24979117 |  | 24899 | 80322 | SH |  | DFND | 1 | 80322 | 0 | 0 |
| CHARLTON ARIA ACQUISITION CO | ORD SHS CL A | G9877L107 |  | 7873475 | 759988 | SH |  | DFND | 1 | 759988 | 0 | 0 |
| CHARLTON ARIA ACQUISITION CO | RIGHT 12/31/2026 | G9877L115 |  | 66031 | 308415 | SH |  | DFND | 1 | 308415 | 0 | 0 |
| CHAMPIONSGATE ACQUISITION CO | SHS CL A | G2124S108 |  | 3636528 | 361125 | SH |  | DFND | 1 | 361125 | 0 | 0 |
| COLUMBUS ACQUISITION CORP | SHS | G2295P107 |  | 5483362 | 537058 | SH |  | DFND | 1 | 537058 | 0 | 0 |
| COLUMBUS ACQUISITION CORP | RIGHT 09/30/2025 | G2295P115 |  | 47667 | 264817 | SH |  | DFND | 1 | 264817 | 0 | 0 |
| COPLEY ACQUISITION CORP | ORD SHS CL A | G24243100 |  | 3888083 | 384578 | SH |  | DFND | 1 | 384578 | 0 | 0 |
| COPLEY ACQUISITION CORP | *W EXP 99/99/999 | G24243126 |  | 30456 | 151600 | SH |  | DFND | 1 | 151600 | 0 | 0 |
| CAL REDWOOD ACQUISITION CORP | COM CL A | G17564108 |  | 3026512 | 302624 | SH |  | DFND | 1 | 302624 | 0 | 0 |
| CAL REDWOOD ACQUISITION CORP | RIGHT 05/15/2030 | G17564116 |  | 15705 | 71390 | SH |  | DFND | 1 | 71390 | 0 | 0 |
| LIONHEART HOLDINGS | SHS CL A | G5501C109 |  | 13278701 | 1263435 | SH |  | DFND | 1 | 1263435 | 0 | 0 |
| LIONHEART HOLDINGS | *W EXP 06/07/203 | G5501C117 |  | 6576 | 25791 | SH |  | DFND | 1 | 25791 | 0 | 0 |
| DIGITAL ASSET ACQUISITION CO | SHS CL A | G2868C103 |  | 1218734 | 119601 | SH |  | DFND | 1 | 119601 | 0 | 0 |
| DRUGS MADE IN AMER ACQUTN CO | ORD SHS | G2847J104 |  | 12828544 | 1249128 | SH |  | DFND | 1 | 1249128 | 0 | 0 |
| DRUGS MADE IN AMER ACQUTN CO | UNIT 10/15/2029 | G2847J120 |  | 1352000 | 130000 | SH |  | DFND | 1 | 130000 | 0 | 0 |
| ROMAN DBDR ACQUISITION CORP | ORD SHS CL A | G7633M104 |  | 6070688 | 588302 | SH |  | DFND | 1 | 588302 | 0 | 0 |
| DT CLOUD STAR ACQUISITION CO | RIGHT 07/09/2029 | G2853N114 |  | 9884 | 65899 | SH |  | DFND | 1 | 65899 | 0 | 0 |
| EGH ACQUISITION CORP. | SHS CL A | G2946P100 |  | 1011010 | 101000 | SH |  | DFND | 1 | 101000 | 0 | 0 |
| EQV VENTURES ACQUISITION COR | CL A ORD SHS | G3106N109 |  | 2732441 | 263241 | SH |  | DFND | 1 | 263241 | 0 | 0 |
| ESH ACQUISITION CORP | COM | 296424104 |  | 859675 | 75536 | SH |  | DFND | 1 | 75536 | 0 | 0 |
| DYNAMIX CORP | SHS CL A | G2949D104 |  | 141711 | 13613 | SH |  | DFND | 1 | 13613 | 0 | 0 |
| DYNAMIX CORP | *W EXP 10/25/202 | G2949D112 |  | 13674 | 6481 | SH |  | DFND | 1 | 6481 | 0 | 0 |
| EUREKA ACQUISITION CORP | SHS CL A | G32168109 |  | 4259059 | 398378 | SH |  | DFND | 1 | 398378 | 0 | 0 |
| EUREKA ACQUISITION CORP | RIGHT 01/03/2026 | G32168125 |  | 33186 | 138279 | SH |  | DFND | 1 | 138279 | 0 | 0 |
| EQV VENTURES AC CORP. II | ORD SHS CL A | G3106Q102 |  | 8525846 | 856869 | SH |  | DFND | 1 | 856869 | 0 | 0 |
| EQV VENTURES AC CORP. II | *W EXP 06/30/203 | G3106Q128 |  | 33151 | 138133 | SH |  | DFND | 1 | 138133 | 0 | 0 |
| FACT II ACQUISITION CORP | ORD SHS CL A | G32901103 |  | 7684325 | 744598 | SH |  | DFND | 1 | 744598 | 0 | 0 |
| FIFTH ERA ACQUISITION CORP I | ORD SHS CL A | G3415K101 |  | 95252 | 9366 | SH |  | DFND | 1 | 9366 | 0 | 0 |
| FIFTH ERA ACQUISITION CORP I | RIGHT 02/21/2030 | G3415K135 |  | 16594 | 62620 | SH |  | DFND | 1 | 62620 | 0 | 0 |
| FG MERGER II CORP | COM | 30334J102 |  | 594228 | 59474 | SH |  | DFND | 1 | 59474 | 0 | 0 |
| FOUR LEAF ACQUISITION CORP | COM CL A | 35088F107 |  | 2213713 | 184630 | SH |  | DFND | 1 | 184630 | 0 | 0 |
| FLAG SHIP ACQUISITION CORP | ORD SHS | G3530C109 |  | 1570023 | 147420 | SH |  | DFND | 1 | 147420 | 0 | 0 |
| FLAG SHIP ACQUISITION CORP | RIGHT 03/31/2026 | G3530C117 |  | 10603 | 58906 | SH |  | DFND | 1 | 58906 | 0 | 0 |
| FUTURE VISION II ACQUISITION | SHS | G37068106 |  | 4069358 | 389040 | SH |  | DFND | 1 | 389040 | 0 | 0 |
| GIGCAPITAL7 CORP | ORD SHS CL A | G38648104 |  | 9389869 | 890035 | SH |  | DFND | 1 | 890035 | 0 | 0 |
| GP-ACT III ACQUISITION CORP | CL A | G4035N103 |  | 10121579 | 954866 | SH |  | DFND | 1 | 954866 | 0 | 0 |
| GRAF GLOBAL CORP | ORD SHS CL A | G4036C106 |  | 11599438 | 1100516 | SH |  | DFND | 1 | 1100516 | 0 | 0 |
| GESHER ACQUISITION CORP. II | USD CL A ORD SHS | G3852D107 |  | 2103526 | 207244 | SH |  | DFND | 1 | 207244 | 0 | 0 |
| GESHER ACQUISITION CORP. II | UNIT 03/11/2030 | G3852D123 |  | 10 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| GESHER ACQUISITION CORP. II | *W EXP 10/31/203 | G3852D115 |  | 26188 | 78197 | SH |  | DFND | 1 | 78197 | 0 | 0 |
| GLOBA TERRA ACQUISITION COR | CL A ORD SHS | G3933N116 |  | 11471850 | 1149484 | SH |  | DFND | 1 | 1149484 | 0 | 0 |
| GLOBA TERRA ACQUISITION COR | RIGHT 06/17/2030 | G3933N132 |  | 105251 | 701679 | SH |  | DFND | 1 | 701679 | 0 | 0 |
| GLOBA TERRA ACQUISITION COR | *W EXP 06/17/203 | G3933N124 |  | 86322 | 595328 | SH |  | DFND | 1 | 595328 | 0 | 0 |
| HCM III ACQUISITION CORP | ORD SHS CL A | G4365E103 |  | 4131186 | 408826 | SH |  | DFND | 1 | 408826 | 0 | 0 |
| HCM III ACQUISITION CORP | *W EXP 07/23/203 | G4365E111 |  | 92388 | 130584 | SH |  | DFND | 1 | 130584 | 0 | 0 |
| HORIZON SPACE ACQUSTN I CORP | ORDINARY SHARES | G4619M109 |  | 4504869 | 365655 | SH |  | DFND | 1 | 365655 | 0 | 0 |
| HORIZON SPACE ACQUISITION II | ORD SHS | G4627B103 |  | 6798118 | 656189 | SH |  | DFND | 1 | 656189 | 0 | 0 |
| HENNESSY CAP INVT CORP VII | ORD SHS CL A | G4405D107 |  | 552157 | 53869 | SH |  | DFND | 1 | 53869 | 0 | 0 |
| HAYMAKER ACQUISITION CORP IV | CLASS A | G4375F108 |  | 16357178 | 1442432 | SH |  | DFND | 1 | 1442432 | 0 | 0 |
| IB ACQUISITION CORP | COM SHS | 44934N108 |  | 1052000 | 100000 | SH |  | DFND | 1 | 100000 | 0 | 0 |
| INDIGO ACQUISITION CORP | ORD SHS | G4791J106 |  | 3685659 | 369675 | SH |  | DFND | 1 | 369675 | 0 | 0 |
| INFLECTION PT ACQUISITION CO | CL A ORD SHS | G47875102 |  | 1658508 | 164698 | SH |  | DFND | 1 | 164698 | 0 | 0 |
| DUNE ACQUISITION CORP II | SHS CL A | G2867S109 |  | 6730680 | 665087 | SH |  | DFND | 1 | 665087 | 0 | 0 |
| DUNE ACQUISITION CORP II | *W EXP 04/04/203 | G2867S117 |  | 79591 | 378285 | SH |  | DFND | 1 | 378285 | 0 | 0 |
| ISRAEL ACQUISITIONS CORP | *W EXP 99/99/999 | G49667119 |  | 14901 | 81650 | SH |  | DFND | 1 | 81650 | 0 | 0 |
| JACKSON ACQUISITION CO II | COM SHS CL A | G4992A110 |  | 10250115 | 987487 | SH |  | DFND | 1 | 987487 | 0 | 0 |
| KOCHAV DEFENSE ACQUI CO | SHS CL A | G5304D106 |  | 3706255 | 369517 | SH |  | DFND | 1 | 369517 | 0 | 0 |
| KODIAK AI INC. | *W EXP 09/25/203 | 500081112 |  | 31985 | 30033 | SH |  | DFND | 1 | 30033 | 0 | 0 |
| K GROWTH ACQUISITION CORP | SHS CL A | G52258111 |  | 12149669 | 1189395 | SH |  | DFND | 1 | 1189395 | 0 | 0 |
| KEEN VISION ACQUISITION CORP | SHS | G52443119 |  | 3425279 | 297589 | SH |  | DFND | 1 | 297589 | 0 | 0 |
| LAKESHORE ACQUISITION III CO | USD ORD SHS | G5353S103 |  | 2824053 | 280164 | SH |  | DFND | 1 | 280164 | 0 | 0 |
| LAKESHORE ACQUISITION III CO | RIGHT 08/01/2026 | G5353S137 |  | 24623 | 120702 | SH |  | DFND | 1 | 120702 | 0 | 0 |
| LEGATO MERGER CORP III | ORD SHS | G5451A103 |  | 4757218 | 442944 | SH |  | DFND | 1 | 442944 | 0 | 0 |
| LIVE OAK ACQUISITION CORP V | CL A SHS | G5509P102 |  | 686898 | 67343 | SH |  | DFND | 1 | 67343 | 0 | 0 |
| LAUNCH ONE ACQUISITION CORP | SHS CLASS A | G5S86M100 |  | 7341379 | 699179 | SH |  | DFND | 1 | 699179 | 0 | 0 |
| LAUNCH ONE ACQUISITION CORP | *W EXP 06/01/203 | G5S86M126 |  | 7771 | 35327 | SH |  | DFND | 1 | 35327 | 0 | 0 |
| LAUNCH TWO ACQUISITION CORP. | ORD SHS CL A | G5S87A105 |  | 3816308 | 365197 | SH |  | DFND | 1 | 365197 | 0 | 0 |
| LIGHTWAVE ACQUISITION CORP | USD CL A ORD SHS | G5490M100 |  | 995298 | 100030 | SH |  | DFND | 1 | 100030 | 0 | 0 |
| MELAR ACQUISITION CORP. I | SHS CL A | G6004G100 |  | 9726444 | 926328 | SH |  | DFND | 1 | 926328 | 0 | 0 |
| MAYWOOD ACQUISITION CORP | ORD SHS CL A | G6001J107 |  | 3916697 | 382490 | SH |  | DFND | 1 | 382490 | 0 | 0 |
| MAYWOOD ACQUISITION CORP | RIGHT 99/99/9999 | G6001J131 |  | 123936 | 206560 | SH |  | DFND | 1 | 206560 | 0 | 0 |
| M3BRIGADE ACQUISITION V CORP | CL A | G63212107 |  | 3694156 | 350157 | SH |  | DFND | 1 | 350157 | 0 | 0 |
| M3BRIGADE ACQUISITION V CORP | *W EXP 99/99/999 | G63212115 |  | 1964 | 1610 | SH |  | DFND | 1 | 1610 | 0 | 0 |
| YORKVILLE ACQUISITION CORP. | SHS CL A | G98659116 |  | 479700 | 45000 | SH |  | DFND | 1 | 45000 | 0 | 0 |
| MOUNTAIN LAKE ACQUISITION CO | SHS CL A | G6301B101 |  | 16919923 | 1642711 | SH |  | DFND | 1 | 1642711 | 0 | 0 |
| NABORS ENERGY TRANSITION COR | CL A | G6363K106 |  | 11067745 | 987310 | SH |  | DFND | 1 | 987310 | 0 | 0 |
| NEWHOLD INVT CORP III | ORD SHS CL A | G6486E102 |  | 1039612 | 102123 | SH |  | DFND | 1 | 102123 | 0 | 0 |
| NMP ACQUISITION CORP | CL A | G6375X104 |  | 7475919 | 752862 | SH |  | DFND | 1 | 752862 | 0 | 0 |
| CO2 ENERGY TRANSITION CORP | COM | 12664M103 |  | 566946 | 55583 | SH |  | DFND | 1 | 55583 | 0 | 0 |
| CO2 ENERGY TRANSITION CORP | *W EXP 08/17/202 | 12664M111 |  | 118 | 700 | SH |  | DFND | 1 | 700 | 0 | 0 |
| NEW PROVIDENCE ACQUISITION C | USD CL A ORD SHS | G6476A102 |  | 3038175 | 298739 | SH |  | DFND | 1 | 298739 | 0 | 0 |
| NEW PROVIDENCE ACQUISITION C | *W EXP 04/24/203 | G6476A110 |  | 49781 | 113140 | SH |  | DFND | 1 | 113140 | 0 | 0 |
| NEWBURY STR II ACQUISITION C | ORD SHS CL A | G6439S109 |  | 10428552 | 1006617 | SH |  | DFND | 1 | 1006617 | 0 | 0 |
| NEWBURY STR II ACQUISITION C | UNIT 10/23/2029 | G6439S125 |  | 10 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| NEWBURY STR II ACQUISITION C | *W EXP 06/01/203 | G6439S117 |  | 9313 | 36581 | SH |  | DFND | 1 | 36581 | 0 | 0 |
| OXLEY BRIDGE ACQ LTD | USD CL A ORD SHS | G6858G107 |  | 6204786 | 624224 | SH |  | DFND | 1 | 624224 | 0 | 0 |
| OXLEY BRIDGE ACQ LTD | *W EXP 06/17/203 | G6858G115 |  | 20114 | 118250 | SH |  | DFND | 1 | 118250 | 0 | 0 |
| ORIGIN INVT CORP I | ORD SHS | G67751100 |  | 4385850 | 436403 | SH |  | DFND | 1 | 436403 | 0 | 0 |
| OYSTER ENTERPRISES II ACQUIS | ORD SHS CL A | G6861F104 |  | 1360957 | 135797 | SH |  | DFND | 1 | 135797 | 0 | 0 |
| PIONEER ACQUISITION I CORP | CL A ORD SHS | G7117W107 |  | 6731447 | 677208 | SH |  | DFND | 1 | 677208 | 0 | 0 |
| PIONEER ACQUISITION I CORP | UNIT 06/16/2030 | G7117W123 |  | 10 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| PIONEER ACQUISITION I CORP | *W EXP 06/16/203 | G7117W115 |  | 40115 | 182344 | SH |  | DFND | 1 | 182344 | 0 | 0 |
| PELICAN ACQUISITION CORP | SHS | G6993G103 |  | 4643384 | 461569 | SH |  | DFND | 1 | 461569 | 0 | 0 |
| PELICAN ACQUISITION CORP | RIGHT 05/02/2030 | G6993G111 |  | 51809 | 191886 | SH |  | DFND | 1 | 191886 | 0 | 0 |
| PANTAGES CAPITAL ACQUISITION | ORD SHS CL A | G8089R100 |  | 7697513 | 750245 | SH |  | DFND | 1 | 750245 | 0 | 0 |
| PANTAGES CAPITAL ACQUISITION | RIGHT 11/15/2029 | G8089R118 |  | 85340 | 426700 | SH |  | DFND | 1 | 426700 | 0 | 0 |
| PLUM ACQUISITION CORP IV | SHS CL A | G7134A104 |  | 6644728 | 643869 | SH |  | DFND | 1 | 643869 | 0 | 0 |
| PLUM ACQUISITION CORP IV | *W EXP 08/19/202 | G7134A120 |  | 1478 | 5475 | SH |  | DFND | 1 | 5475 | 0 | 0 |
| ANDRETTI ACQUISITION CORP II | ORD SHS CL A | G26745102 |  | 11376076 | 1087579 | SH |  | DFND | 1 | 1087579 | 0 | 0 |
| QUETTA ACQUISITION CORP | COM | 74841A105 |  | 1724179 | 154220 | SH |  | DFND | 1 | 154220 | 0 | 0 |
| QUARTZSEA ACQUISITION CORP | ORD SHS | G7314B104 |  | 5921035 | 584505 | SH |  | DFND | 1 | 584505 | 0 | 0 |
| REAL ASSET ACQUISITION CORP | SHS CL A | G73944103 |  | 512770 | 50619 | SH |  | DFND | 1 | 50619 | 0 | 0 |
| REAL ASSET ACQUISITION CORP | *W EXP 04/24/203 | G73944111 |  | 14443 | 32096 | SH |  | DFND | 1 | 32096 | 0 | 0 |
| RANGE CAP ACQUISITION CORP | ORD SHS | G7375C108 |  | 8398173 | 816149 | SH |  | DFND | 1 | 816149 | 0 | 0 |
| RISING DRAGON ACQUISITION CO | SHS | G7576K107 |  | 2022787 | 194312 | SH |  | DFND | 1 | 194312 | 0 | 0 |
| REPUBLIC DIGITAL ACQUISITION | USD CL A ORD SHS | G7515A103 |  | 175908 | 17229 | SH |  | DFND | 1 | 17229 | 0 | 0 |
| RF ACQUISITION CORP II | SHS | G75389109 |  | 9150200 | 851974 | SH |  | DFND | 1 | 851974 | 0 | 0 |
| RF ACQUISITION CORP II | RIGHT 05/01/2026 | G75389117 |  | 18071 | 225610 | SH |  | DFND | 1 | 225610 | 0 | 0 |
| RIBBON ACQUISITION CORP | ORD SHS CL A | G7552W109 |  | 4548454 | 444185 | SH |  | DFND | 1 | 444185 | 0 | 0 |
| RIBBON ACQUISITION CORP | RIGHT 12/31/2026 | G7552W117 |  | 40415 | 183709 | SH |  | DFND | 1 | 183709 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | SHS CL A | G7490F101 |  | 279263 | 25597 | SH |  | DFND | 1 | 25597 | 0 | 0 |
| SILVERBOX CORP IV | SHS CL A | G81354105 |  | 7042247 | 672612 | SH |  | DFND | 1 | 672612 | 0 | 0 |
| SIDDHI ACQUISITION CORP | CL A SHS | G8118C124 |  | 962179 | 94796 | SH |  | DFND | 1 | 94796 | 0 | 0 |
| SIM ACQUISITION CORP. I | SHS CL A | G8431T101 |  | 7630380 | 723945 | SH |  | DFND | 1 | 723945 | 0 | 0 |
| SIM ACQUISITION CORP. I | UNIT 06/17/2029 | G8431T127 |  | 10 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| SIM ACQUISITION CORP. I | *W EXP 06/01/203 | G8431T119 |  | 9700 | 26217 | SH |  | DFND | 1 | 26217 | 0 | 0 |
| SOLARIUS CAPITAL ACQU CORP | SHS CL A | G82617104 |  | 5827655 | 585106 | SH |  | DFND | 1 | 585106 | 0 | 0 |
| SOULPOWER ACQUISITION CORP | USD CL A ORD SHS | G82745103 |  | 5065388 | 501956 | SH |  | DFND | 1 | 501956 | 0 | 0 |
| SOULPOWER ACQUISITION CORP | RIGHT 99/99/9999 | G82745137 |  | 58214 | 306390 | SH |  | DFND | 1 | 306390 | 0 | 0 |
| SILVER PEGASUS ACQUISITION C | SHS CL A | G8192J102 |  | 1484253 | 148872 | SH |  | DFND | 1 | 148872 | 0 | 0 |
| SILVER PEGASUS ACQUISITION C | RIGHT 06/26/2030 | G8192J136 |  | 17718 | 70872 | SH |  | DFND | 1 | 70872 | 0 | 0 |
| STELLAR V CAP CORP | SHS CL A | G8475V103 |  | 1099195 | 106718 | SH |  | DFND | 1 | 106718 | 0 | 0 |
| SIZZLE ACQUISITION CORP. II | USD CL A ORD SHS | G8193F109 |  | 8169023 | 810419 | SH |  | DFND | 1 | 810419 | 0 | 0 |
| SIZZLE ACQUISITION CORP. II | RIGHT 04/02/2030 | G8193F133 |  | 72403 | 402467 | SH |  | DFND | 1 | 402467 | 0 | 0 |
| TITAN ACQUISITION CORP | CL A | G8901A103 |  | 2804970 | 277171 | SH |  | DFND | 1 | 277171 | 0 | 0 |
| TITAN ACQUISITION CORP | UNIT 04/09/2030 | G8901A129 |  | 10 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| TITAN ACQUISITION CORP | *W EXP 05/16/203 | G8901A111 |  | 39298 | 130473 | SH |  | DFND | 1 | 130473 | 0 | 0 |
| BERTO ACQUISITION CORP | ORD SHS | G1051H101 |  | 247364 | 23785 | SH |  | DFND | 1 | 23785 | 0 | 0 |
| BERTO ACQUISITION CORP | *W EXP 05/01/203 | G1051H119 |  | 3102 | 4630 | SH |  | DFND | 1 | 4630 | 0 | 0 |
| TAVIA ACQUISITION CORP | SHS | G86880104 |  | 9332584 | 902571 | SH |  | DFND | 1 | 902571 | 0 | 0 |
| TAVIA ACQUISITION CORP | RIGHT 11/26/2029 | G86880146 |  | 84484 | 384194 | SH |  | DFND | 1 | 384194 | 0 | 0 |
| TRANSLATIONAL DEV ACQUISITIO | COM CL A | G9008W105 |  | 16116336 | 1557134 | SH |  | DFND | 1 | 1557134 | 0 | 0 |
| TEXAS VENTURES ACQUISITION I | USD CL A ORD SHS | G8772L105 |  | 2584483 | 241315 | SH |  | DFND | 1 | 241315 | 0 | 0 |
| TEXAS VENTURES ACQUISITION I | *W EXP 04/23/203 | G8772L113 |  | 93442 | 84948 | SH |  | DFND | 1 | 84948 | 0 | 0 |
| THAYER VENTURES ACQ CORP II | CL A | G87890102 |  | 3485064 | 347118 | SH |  | DFND | 1 | 347118 | 0 | 0 |
| THAYER VENTURES ACQ CORP II | RIGHT 05/15/2030 | G87890110 |  | 41337 | 243018 | SH |  | DFND | 1 | 243018 | 0 | 0 |
| UY SCUTI ACQUISITION CORP. | ORD SHS | G93Y0A104 |  | 4732657 | 463078 | SH |  | DFND | 1 | 463078 | 0 | 0 |
| UY SCUTI ACQUISITION CORP. | RIGHT 03/03/2030 | G93Y0A112 |  | 33210 | 123000 | SH |  | DFND | 1 | 123000 | 0 | 0 |
| VOYAGER ACQUISITION CORP | CL A | G93A7H104 |  | 26134298 | 2490048 | SH |  | DFND | 1 | 2490048 | 0 | 0 |
| VOYAGER ACQUISITION CORP | *W EXP 05/16/203 | G93A7H112 |  | 59886 | 352272 | SH |  | DFND | 1 | 352272 | 0 | 0 |
| VINE HILL CAP INVT CORP. | ORD SHS CL A | G93Y09107 |  | 1459408 | 136266 | SH |  | DFND | 1 | 136266 | 0 | 0 |
| VENDOME ACQUISITION CORP I | COM CL A | G9580A109 |  | 1061467 | 106895 | SH |  | DFND | 1 | 106895 | 0 | 0 |
| WEN ACQUISITION CORP | COM CL A | G9R39C103 |  | 875106 | 86473 | SH |  | DFND | 1 | 86473 | 0 | 0 |
| WEN ACQUISITION CORP | *W EXP 99/99/999 | G9R39C111 |  | 21935 | 39171 | SH |  | DFND | 1 | 39171 | 0 | 0 |
| WINTERGREEN ACQUISITION CORP | SHS | G9717M109 |  | 4390163 | 436398 | SH |  | DFND | 1 | 436398 | 0 | 0 |
| YHN ACQUISITION I LTD | UNIT 08/15/2029 | G1514D119 |  | 387872 | 37117 | SH |  | DFND | 1 | 37117 | 0 | 0 |
| ABOVE FOOD INGREDIENTS INC | COM | 00373V100 |  | 9964 | 5727 | SH |  | DFND | 1 | 5727 | 0 | 0 |
| LIVEWIRE GROUP INC | *W EXP 09/26/202 | 53838J113 |  | 39761 | 547673 | SH |  | DFND | 1 | 547673 | 0 | 0 |
| EATON VANCE ENHANCED EQUITY | COM | 278274105 |  | 85260 | 4060 | SH |  | DFND | 1 | 4060 | 0 | 0 |
| CSG SYS INTL INC | NOTE  3.875% 9/1 | 126349AH2 |  | 58381929 | 52387000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| GRANITE CONSTR INC | NOTE  3.250% 6/1 | 387328AF4 |  | 11497300 | 7499000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LUMENTUM HLDGS INC | NOTE  0.500% 6/1 | 55024UAF6 |  | 94324313 | 67564000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| WISDOMTREE INC | NOTE  3.250% 6/1 | 97717PAD6 |  | 22963383 | 17925000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| VIRTUS DIVERSIFIED INCM  CO | COM | 92840N100 |  | 468455 | 19438 | SH |  | DFND | 1 | 19438 | 0 | 0 |
| ASA GOLD AND PRECIOUS MTLS L | SHS | G3156P103 |  | 161399 | 3524 | SH |  | DFND | 1 | 3524 | 0 | 0 |
| LIBERTY ALL-STAR GROWTH FD I | COM | 529900102 |  | 1437738 | 259052 | SH |  | DFND | 1 | 259052 | 0 | 0 |
| BLACKROCK ENHANCED INTL DIV | COM BENE INTER | 092524107 |  | 150310 | 26141 | SH |  | DFND | 1 | 26141 | 0 | 0 |
| BLACKROCK HEALTH SCIENCES TR | COM | 09250W107 |  | 2283911 | 61346 | SH |  | DFND | 1 | 61346 | 0 | 0 |
| BLACKROCK ENHANCED GLOBAL DI | COM | 092501105 |  | 1784522 | 154237 | SH |  | DFND | 1 | 154237 | 0 | 0 |
| BLACKROCK SCIENCE  TECHNOLO | SHS BEN INT | 09260K101 |  | 867364 | 39141 | SH |  | DFND | 1 | 39141 | 0 | 0 |
| BLACKROCK TECH AND PRIVATE E | SHS BEN INT | 09260Q108 |  | 3537841 | 528036 | SH |  | DFND | 1 | 528036 | 0 | 0 |
| NUVEEN S 500 BUY-WRITE INC | COM | 6706ER101 |  | 456722 | 31629 | SH |  | DFND | 1 | 31629 | 0 | 0 |
| CENTRAL SECS CORP | COM | 155123102 |  | 838872 | 16330 | SH |  | DFND | 1 | 16330 | 0 | 0 |
| CALAMOS GLOBAL TOTAL RETURN | COM SH BEN INT | 128118106 |  | 1096976 | 91111 | SH |  | DFND | 1 | 91111 | 0 | 0 |
| CALAMOS GBL DYN INCOME FUND | COM | 12811L107 |  | 1512486 | 200595 | SH |  | DFND | 1 | 200595 | 0 | 0 |
| NUVEEN DOW 30 DYNMC OVERWRT | SHS | 67075F105 |  | 3673913 | 246737 | SH |  | DFND | 1 | 246737 | 0 | 0 |
| DUFF  PHELPS UTLITY AND INF | COM | 26433C105 |  | 239854 | 18579 | SH |  | DFND | 1 | 18579 | 0 | 0 |
| ELLSWORTH GROWTH  INCOME FD | COM | 289074106 |  | 1303074 | 112334 | SH |  | DFND | 1 | 112334 | 0 | 0 |
| EATON VANCE TAX MNGED BUY WR | COM | 27828X100 |  | 439890 | 29326 | SH |  | DFND | 1 | 29326 | 0 | 0 |
| EATON VANCE TAX-ADVANTAGED G | COM | 27828U106 |  | 234563 | 8511 | SH |  | DFND | 1 | 8511 | 0 | 0 |
| EATON VANCE TAX-MANAGED BUY- | COM | 27828Y108 |  | 1765290 | 123880 | SH |  | DFND | 1 | 123880 | 0 | 0 |
| EATON VANCE TAX-MANAGED GLOB | COM | 27829C105 |  | 298867 | 33024 | SH |  | DFND | 1 | 33024 | 0 | 0 |
| EATON VANCE TAX ADVT DIV INC | COM | 27828G107 |  | 153961 | 6297 | SH |  | DFND | 1 | 6297 | 0 | 0 |
| FIRST TR ENHANCED EQUITY INC | COM | 337318109 |  | 2026473 | 94167 | SH |  | DFND | 1 | 94167 | 0 | 0 |
| SPROTT FOCUS TR INC | COM | 85208J109 |  | 33447 | 4025 | SH |  | DFND | 1 | 4025 | 0 | 0 |
| GABELLI CONV  INC SECS FD I | COM | 36240B109 |  | 287237 | 69549 | SH |  | DFND | 1 | 69549 | 0 | 0 |
| GABELLI DIVID  INCOME TR | COM | 36242H104 |  | 10255 | 378 | SH |  | DFND | 1 | 378 | 0 | 0 |
| GAMCO NAT RES GOLD  INCOME | SH BEN INT | 36465E101 |  | 156839 | 22310 | SH |  | DFND | 1 | 22310 | 0 | 0 |
| GABELLI HLTHCARE  WELLNESS | SHS | 36246K103 |  | 215884 | 23802 | SH |  | DFND | 1 | 23802 | 0 | 0 |
| JOHN HANCOCK DIVERSIFIED INC | COM | 47804L102 |  | 951790 | 89370 | SH |  | DFND | 1 | 89370 | 0 | 0 |
| ABRDN LIFE SCIENCES INVESTOR | SH BEN INT | 87911K100 |  | 3342730 | 215521 | SH |  | DFND | 1 | 215521 | 0 | 0 |
| VOYA GLBL ADV  PREM OPP FD | COM | 92912R104 |  | 25583 | 2579 | SH |  | DFND | 1 | 2579 | 0 | 0 |
| NUVEEN CORE EQUITY ALPHA FD | COM | 67090X107 |  | 1527618 | 97115 | SH |  | DFND | 1 | 97115 | 0 | 0 |
| NUVEEN REAL ESTATE INCOME FD | COM | 67071B108 |  | 1135465 | 138810 | SH |  | DFND | 1 | 138810 | 0 | 0 |
| XAI MADISON EQUITY PREMIUM I | COM | 557437100 |  | 655667 | 106267 | SH |  | DFND | 1 | 106267 | 0 | 0 |
| VIRTUS CONVERTIBLE  INCOME | COM NEW | 92838X805 |  | 2036715 | 135781 | SH |  | DFND | 1 | 135781 | 0 | 0 |
| VIRTUS CONVERTIBLE  INC FD | COM NEW | 92838U801 |  | 265460 | 19405 | SH |  | DFND | 1 | 19405 | 0 | 0 |
| VIRTUS EQUITY  CONV INCM FD | COM | 92841M101 |  | 4155027 | 165473 | SH |  | DFND | 1 | 165473 | 0 | 0 |
| NUVEEN MULTI ASSET INCOME FU | COM | 670750108 |  | 4374039 | 336983 | SH |  | DFND | 1 | 336983 | 0 | 0 |
| NXG NEXTGEN INFRASTR INCM FD | COM | 231647207 |  | 240432 | 4932 | SH |  | DFND | 1 | 4932 | 0 | 0 |
| ADAM NAT RES FD INC | COM | 00548F105 |  | 3339172 | 155166 | SH |  | DFND | 1 | 155166 | 0 | 0 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD TR | 85207H104 |  | 872279 | 29449 | SH |  | DFND | 1 | 29449 | 0 | 0 |
| NUVEEN NASDAQ 100 DYNAMIC OV | COM SHS | 670699107 |  | 110032 | 4007 | SH |  | DFND | 1 | 4007 | 0 | 0 |
| ROYCE GLOBAL TRUST INC | COM | 78081T104 |  | 495337 | 38250 | SH |  | DFND | 1 | 38250 | 0 | 0 |
| COHEN  STEERS REAL ESTATE O | SHS BENFIN INT | 19249Q103 |  | 554511 | 36290 | SH |  | DFND | 1 | 36290 | 0 | 0 |
| ROYCE MICRO-CAP TR INC | COM | 780915104 |  | 3708523 | 356932 | SH |  | DFND | 1 | 356932 | 0 | 0 |
| ROYCE SMALL CAP TRUST INC | COM | 780910105 |  | 2331236 | 144528 | SH |  | DFND | 1 | 144528 | 0 | 0 |
| LMP CAP  INCOME FD INC | COM | 50208A102 |  | 396946 | 25560 | SH |  | DFND | 1 | 25560 | 0 | 0 |
| SPECIAL OPPORTUNITIES FD INC | COM | 84741T104 |  | 112406 | 7252 | SH |  | DFND | 1 | 7252 | 0 | 0 |
| SRH TOTAL RETURN FUND INC | COM | 101507101 |  | 987014 | 54351 | SH |  | DFND | 1 | 54351 | 0 | 0 |
| TORTOISE SUSTAINABLE  SOCIA | COM SH BEN INT | 27901F109 |  | 502928 | 42766 | SH |  | DFND | 1 | 42766 | 0 | 0 |
| TRI CONTL CORP | COM | 895436103 |  | 542946 | 15969 | SH |  | DFND | 1 | 15969 | 0 | 0 |
| TORTOISE ENERGY INFRA CORP | COM | 89147L886 |  | 220663 | 5121 | SH |  | DFND | 1 | 5121 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 104651 | 1200 | SH |  | DFND | 1 | 1200 | 0 | 0 |
| VIRTUS TOTAL RETURN FD INC | COM | 92835W107 |  | 1684443 | 261154 | SH |  | DFND | 1 | 261154 | 0 | 0 |
| ISHARES ETHEREUM TR | SHS | 46438R105 |  | 19354513 | 614234 | SH |  | DFND | 1 | 614234 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 35989850 | 553690 | SH |  | DFND | 1 | 553690 | 0 | 0 |
| ETF OPPORTUNITIES TRUST | REX-OSPREY SOL | 26923N249 |  | 9257632 | 289301 | SH |  | DFND | 1 | 289301 | 0 | 0 |
| ETF OPPORTUNITIES TRUST | REX OSPREY XRP | 26923N231 |  | 1655485 | 70029 | SH |  | DFND | 1 | 70029 | 0 | 0 |
| ARES DYNAMIC CR ALLOCATION F | COM | 04014F102 |  | 174805 | 12424 | SH |  | DFND | 1 | 12424 | 0 | 0 |
| BLACKROCK CALIF MUN INCOME T | SH BEN INT | 09248E102 |  | 798178 | 72893 | SH |  | DFND | 1 | 72893 | 0 | 0 |
| BLACKSTONE LONG SHORT CR INC | COM SHS BN INT | 09257D102 |  | 770208 | 64184 | SH |  | DFND | 1 | 64184 | 0 | 0 |
| BLACKROCK INVT QUALITY MUN T | COM | 09247D105 |  | 1041805 | 91870 | SH |  | DFND | 1 | 91870 | 0 | 0 |
| EATON VANCE CALIF MUN INCOM | SH BEN INT | 27826F101 |  | 216931 | 21521 | SH |  | DFND | 1 | 21521 | 0 | 0 |
| MFS HIGH INCOME MUN TR | SH BEN INT | 59318D104 |  | 7547 | 2029 | SH |  | DFND | 1 | 2029 | 0 | 0 |
| CREDIT SUISSE HIGH YIELD CRE | SH BEN INT | 22544F103 |  | 6324 | 3070 | SH |  | DFND | 1 | 3070 | 0 | 0 |
| ALLSPRING INCOME OPPORTUNIT | INC OPPTY FD | 94987B105 |  | 66679 | 9512 | SH |  | DFND | 1 | 9512 | 0 | 0 |
| EATON VANCE SR FLTNG RTE TR | COM | 27828Q105 |  | 1980321 | 173105 | SH |  | DFND | 1 | 173105 | 0 | 0 |
| EATON VANCE FLTING RATE INC | COM | 278279104 |  | 1399629 | 118915 | SH |  | DFND | 1 | 118915 | 0 | 0 |
| WESTERN ASSET GBL HIGH INC F | COM | 95766B109 |  | 66046 | 10007 | SH |  | DFND | 1 | 10007 | 0 | 0 |
| EATON VANCE SR INCOME TR | SH BEN INT | 27826S103 |  | 1494828 | 272779 | SH |  | DFND | 1 | 272779 | 0 | 0 |
| EATON VANCE LIMITED DURATION | COM | 27828H105 |  | 41889 | 4127 | SH |  | DFND | 1 | 4127 | 0 | 0 |
| FRANKLIN LTD DURATION INCOME | COM | 35472T101 |  | 71229 | 11182 | SH |  | DFND | 1 | 11182 | 0 | 0 |
| PGIM GLOBAL HIGH YIELD FD FO | COM | 69346J106 |  | 705592 | 54782 | SH |  | DFND | 1 | 54782 | 0 | 0 |
| WESTERN ASSET INVT GRADE OPP | COM | 95790A101 |  | 972376 | 58261 | SH |  | DFND | 1 | 58261 | 0 | 0 |
| NUVEEN CR STRATEGIES INCOME | COM SHS | 67073D102 |  | 436835 | 82891 | SH |  | DFND | 1 | 82891 | 0 | 0 |
| BLACKROCK MUNIYIELD MICH QU | COM | 09254V105 |  | 84193 | 7464 | SH |  | DFND | 1 | 7464 | 0 | 0 |
| BLACKROCK MUNIYIELD QUALITY | COM | 09254G108 |  | 866250 | 86366 | SH |  | DFND | 1 | 86366 | 0 | 0 |
| BLACKROCK MUNIVEST FD INC | COM | 09253R105 |  | 398675 | 58116 | SH |  | DFND | 1 | 58116 | 0 | 0 |
| BLACKROCK MUNIYIELD FD INC | COM | 09253W104 |  | 264348 | 25033 | SH |  | DFND | 1 | 25033 | 0 | 0 |
| NUVEEN ARIZONA QLTY MUN INC | COM | 67061W104 |  | 1706 | 144 | SH |  | DFND | 1 | 144 | 0 | 0 |
| PIMCO CALIF MUN INCOME FD | COM | 72200N106 |  | 365969 | 41969 | SH |  | DFND | 1 | 41969 | 0 | 0 |
| PUTNAM MANAGED MUN INCOME TR | COM | 746823103 |  | 6040 | 1000 | SH |  | DFND | 1 | 1000 | 0 | 0 |
| TEMPLETON EMERGING MKTS INCO | COM | 880192109 |  | 118655 | 19138 | SH |  | DFND | 1 | 19138 | 0 | 0 |
| INVESCO BD FD | COM | 46132L107 |  | 1180580 | 74815 | SH |  | DFND | 1 | 74815 | 0 | 0 |
| WESTERN ASST INFLTN LKD INM | COM SH BEN INT | 95766Q106 |  | 58603 | 6960 | SH |  | DFND | 1 | 6960 | 0 | 0 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 1679719 | 27357 | SH |  | DFND | 1 | 27357 | 0 | 0 |
| ARBOR REALTY TRUST INC | COM | 038923108 |  | 610 | 50 | SH |  | DFND | 1 | 50 | 0 | 0 |
| AST SPACEMOBILE INC | COM CL A | 00217D100 |  | 12584161 | 256401 | SH |  | DFND | 1 | 256401 | 0 | 0 |
| B  G FOODS INC NEW | COM | 05508R106 |  | 754858 | 170397 | SH |  | DFND | 1 | 170397 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 4347052 | 150365 | SH |  | DFND | 1 | 150365 | 0 | 0 |
| GETTY IMAGES HOLDINGS INC | CL A COM | 374275105 |  | 45549 | 23005 | SH |  | DFND | 1 | 23005 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 4178731 | 20878 | SH |  | DFND | 1 | 20878 | 0 | 0 |
| HANESBRANDS INC | COM | 410345102 |  | 277406 | 42095 | SH |  | DFND | 1 | 42095 | 0 | 0 |
| OWENS  MINOR INC NEW | COM | 690732102 |  | 1553404 | 323626 | SH |  | DFND | 1 | 323626 | 0 | 0 |
| SONIC AUTOMOTIVE INC | CL A | 83545G102 |  | 1672077 | 21975 | SH |  | DFND | 1 | 21975 | 0 | 0 |
| SCRIPPS E W CO OHIO | CL A NEW | 811054402 |  | 647700 | 263293 | SH |  | DFND | 1 | 263293 | 0 | 0 |
| TRONOX HOLDINGS PLC | SHS | G9087Q102 |  | 603759 | 150189 | SH |  | DFND | 1 | 150189 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 824515 | 9230 | SH |  | DFND | 1 | 9230 | 0 | 0 |
| ALGOMA STL GROUP INC | COM | 015658107 |  | 194753 | 54783 | SH |  | DFND | 1 | 54783 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | NOTE  0.500% 6/0 | 01609WBG6 |  | 397666713 | 216242000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BILL HOLDINGS INC | COM | 090043100 |  | 39250 | 741 | SH |  | DFND | 1 | 741 | 0 | 0 |
| COINBASE GLOBAL INC | NOTE  0.250% 4/0 | 19260QAF4 |  | 62049349 | 49350000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| COINBASE GLOBAL INC | NOTE  0.500% 6/0 | 19260QAB3 |  | 114751144 | 103085000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ETSY INC | NOTE  0.125% 9/0 | 29786AAL0 |  | 18432283 | 20021000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ETSY INC | NOTE  0.250% 6/1 | 29786AAN6 |  | 12400755 | 14000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 5442585 | 81979 | SH |  | DFND | 1 | 81979 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 130808 | 6384 | SH |  | DFND | 1 | 6384 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | NOTE  3.125% 1/1 | 538034BA6 |  | 17653599 | 10884000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| STRATEGY INC | NOTE  0.625% 9/1 | 594972AQ4 |  | 236096903 | 124835000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| STRATEGY INC | NOTE  0.625% 3/1 | 594972AJ0 |  | 85506599 | 38199000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| STRATEGY INC | NOTE  0.875% 3/1 | 594972AL5 |  | 13384192 | 8500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PAGERDUTY INC | NOTE  1.500%10/1 | 69553PAD2 |  | 32809524 | 33500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE  3.625%10/1 | 76954AAD5 |  | 5227376 | 5681000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ZYNEX INC | NOTE  5.000% 5/1 | 98986MAD5 |  | 6052339 | 9500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| FIRST MAJESTIC SILVER CORP | COM | 32076V103 |  | 7349764 | 598028 | SH |  | DFND | 1 | 598028 | 0 | 0 |
| ANGI INC | CL A NEW | 00183L201 |  | 581880 | 35786 | SH |  | DFND | 1 | 35786 | 0 | 0 |
| BALLYS CORPORATION | COMMON STOCK | 05875B304 |  | 263447 | 23734 | SH |  | DFND | 1 | 23734 | 0 | 0 |
| AVIS BUDGET GROUP | COM | 053774105 |  | 3631243 | 22614 | SH |  | DFND | 1 | 22614 | 0 | 0 |
| CHURCHILL DOWNS INC | COM | 171484108 |  | 3430661 | 35364 | SH |  | DFND | 1 | 35364 | 0 | 0 |
| HERTZ GLOBAL HLDGS INC | COM NEW | 42806J700 |  | 7574649 | 1113919 | SH |  | DFND | 1 | 1113919 | 0 | 0 |
| KOHLS CORP | COM | 500255104 |  | 937201 | 60976 | SH |  | DFND | 1 | 60976 | 0 | 0 |
| LOANDEPOT INC | COM CL A | 53946R106 |  | 2725496 | 887784 | SH |  | DFND | 1 | 887784 | 0 | 0 |
| ENVIRI CORP | COM | 415864107 |  | 2489448 | 196174 | SH |  | DFND | 1 | 196174 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 694828 | 10833 | SH |  | DFND | 1 | 10833 | 0 | 0 |
| SALLY BEAUTY HLDGS INC | COM | 79546E104 |  | 2140657 | 131490 | SH |  | DFND | 1 | 131490 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 2930200 | 5000 | SH |  | DFND | 1 | 5000 | 0 | 0 |
| QXO INC | 5.50 DEP PFD | 82846H504 |  | 8731776 | 158787 | SH |  | DFND | 1 | 158787 | 0 | 0 |
| BRIGHTSPRING HEALTH SVCS INC | UNIT 02/01/2027 | 10950A205 |  | 56199431 | 554985 | SH |  | DFND | 1 | 554985 | 0 | 0 |
| PG CORP | PFD CONV SER A | 69331C306 |  | 19091545 | 481621 | SH |  | DFND | 1 | 481621 | 0 | 0 |
| ANGEL OAK MORTGAGE REIT INC | COM | 03464Y108 |  | 1927493 | 205709 | SH |  | DFND | 1 | 205709 | 0 | 0 |
| STAG INDL INC | COM | 85254J102 |  | 4561691 | 129263 | SH |  | DFND | 1 | 129263 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 181846 | 6200 | SH |  | DFND | 1 | 6200 | 0 | 0 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 |  | 4544138 | 162814 | SH |  | DFND | 1 | 162814 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 1445885 | 1895 | SH |  | DFND | 1 | 1895 | 0 | 0 |
| ABLE VIEW GLOBAL INC | *W EXP 08/18/202 | G1149B116 |  | 8799 | 275845 | SH |  | DFND | 1 | 275845 | 0 | 0 |
| ABPRO HLDGS INC | *W EXP 11/12/202 | 000847111 |  | 11151 | 472520 | SH |  | DFND | 1 | 472520 | 0 | 0 |
| ALCHEMY INVTS ACQUISITN CORP | *W EXP 11/30/202 | G0232F133 |  | 8379 | 49294 | SH |  | DFND | 1 | 49294 | 0 | 0 |
| ALPHA MODUS HLDGS INC | *W EXP 12/13/202 | 020952115 |  | 12647 | 161113 | SH |  | DFND | 1 | 161113 | 0 | 0 |
| STONEBRIDGE ACQUISITION II C | UNIT 09/09/2030 | G85096124 |  | 1732088 | 173730 | SH |  | DFND | 1 | 173730 | 0 | 0 |
| A PARADISE ACQUISITION CORP | RIGHT 07/29/2025 | G04819119 |  | 89958 | 580000 | SH |  | DFND | 1 | 580000 | 0 | 0 |
| APOLLOMICS INC | *W EXP 04/01/202 | G0411D115 |  | 3196 | 167364 | SH |  | DFND | 1 | 167364 | 0 | 0 |
| ASPIRE BIOPHARMA HLDGS INC | *W EXP 02/14/203 | 738920115 |  | 5894 | 197144 | SH |  | DFND | 1 | 197144 | 0 | 0 |
| ALPHATIME ACQUISITION CORP | RIGHT 03/01/2028 | G0223V139 |  | 41651 | 146713 | SH |  | DFND | 1 | 146713 | 0 | 0 |
| ALPHATIME ACQUISITION CORP | *W EXP 03/01/202 | G0223V121 |  | 20204 | 283367 | SH |  | DFND | 1 | 283367 | 0 | 0 |
| AXIOM INTELLIGENCE AC CORP 1 | RIGHT 06/10/2030 | G0750N112 |  | 23912 | 149450 | SH |  | DFND | 1 | 149450 | 0 | 0 |
| BLUE ACQUISITION CORP. | RIGHT 06/11/2030 | G1331A116 |  | 13384 | 82926 | SH |  | DFND | 1 | 82926 | 0 | 0 |
| D. BORAL ARC ACQ I CORP. | *W EXP 07/23/203 | G2616F119 |  | 1050 | 4779 | SH |  | DFND | 1 | 4779 | 0 | 0 |
| BTC DEV CORP | UNIT 09/11/2030 | G0701G125 |  | 202000 | 20000 | SH |  | DFND | 1 | 20000 | 0 | 0 |
| BAIRD MED INVT HLDGS LTD | *W EXP 10/01/202 | G0705H111 |  | 13483 | 174433 | SH |  | DFND | 1 | 174433 | 0 | 0 |
| BENEFICIENT | *W EXP 06/07/202 | 08178Q119 |  | 320 | 22235 | SH |  | DFND | 1 | 22235 | 0 | 0 |
| BLACK HAWK ACQUISITION CORP | RIGHT 06/20/2025 | G1148A119 |  | 33491 | 19701 | SH |  | DFND | 1 | 19701 | 0 | 0 |
| BLUE WTR ACQUISITION CORP. I | *W EXP 05/23/203 | G1368E114 |  | 16829 | 118600 | SH |  | DFND | 1 | 118600 | 0 | 0 |
| TRAILBLAZER ACQUISITION CORP | UNIT 08/21/2030 | G9009S129 |  | 511250 | 50000 | SH |  | DFND | 1 | 50000 | 0 | 0 |
| CAYSON ACQUISITION CORP | RIGHT 99/99/9999 | G1993W117 |  | 43510 | 243076 | SH |  | DFND | 1 | 243076 | 0 | 0 |
| COHEN CIRCLE ACQUISIT CORP I | SHS CL A | G2254C121 |  | 1421000 | 140000 | SH |  | DFND | 1 | 140000 | 0 | 0 |
| COHEN CIRCLE ACQUISIT CORP I | *W EXP 07/01/203 | G2254C113 |  | 33250 | 35000 | SH |  | DFND | 1 | 35000 | 0 | 0 |
| CDT EQUITY INC | *W EXP 09/22/202 | 20678X114 |  | 2581 | 243532 | SH |  | DFND | 1 | 243532 | 0 | 0 |
| CERO THERAPEUTICS HLDGS INC | *W EXP 02/13/202 | 71902K113 |  | 449 | 33796 | SH |  | DFND | 1 | 33796 | 0 | 0 |
| CHENGHE ACQUISITION III CO | UNIT 09/09/2030 | G2086N113 |  | 2288414 | 229300 | SH |  | DFND | 1 | 229300 | 0 | 0 |
| CHAMPIONSGATE ACQUISITION CO | RIGHT 05/14/2030 | G2124S116 |  | 48449 | 346070 | SH |  | DFND | 1 | 346070 | 0 | 0 |
| CYCURION INC | *W EXP 02/13/203 | 95758L115 |  | 550 | 12510 | SH |  | DFND | 1 | 12510 | 0 | 0 |
| DIGITAL ASSET ACQUISITION CO | *W EXP 04/01/203 | G2868C111 |  | 28687 | 47028 | SH |  | DFND | 1 | 47028 | 0 | 0 |
| DIH HLDG US INC | *W EXP 04/20/202 | 23290B114 |  | 4990 | 499049 | SH |  | DFND | 1 | 499049 | 0 | 0 |
| DRUGS MADE IN AMER ACQUTN CO | RIGHT 10/15/2029 | G2847J112 |  | 122426 | 563138 | SH |  | DFND | 1 | 563138 | 0 | 0 |
| DRUGS MADE IN AMER ACQ II CO | UNIT 09/16/2030 | G2851K120 |  | 7111241 | 715057 | SH |  | DFND | 1 | 715057 | 0 | 0 |
| BIG TREE CLOUD HLDGS LTD | *W EXP 06/07/202 | G1263B116 |  | 8820 | 268113 | SH |  | DFND | 1 | 268113 | 0 | 0 |
| DT CLOUD ACQUISITION CORP | RIGHT 02/14/2029 | G28524133 |  | 17797 | 98875 | SH |  | DFND | 1 | 98875 | 0 | 0 |
| ECD AUTOMOTIVE DESIGN INC | *W EXP 12/12/202 | 27877D112 |  | 8644 | 496807 | SH |  | DFND | 1 | 496807 | 0 | 0 |
| EGH ACQUISITION CORP. | RIGHT 05/08/2025 | G2946P118 |  | 5405 | 25742 | SH |  | DFND | 1 | 25742 | 0 | 0 |
| EMMIS ACQUISITION CORP. | UNIT 09/12/2030 | G3037D121 |  | 4176286 | 418256 | SH |  | DFND | 1 | 418256 | 0 | 0 |
| EQV VENTURES AC CORP. II | UNIT 06/30/2032 | G3106Q110 |  | 10 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| FUTURECREST ACQUISITION CORP | UNIT 99/99/9999 | G3730U123 |  | 530000 | 50000 | SH |  | DFND | 1 | 50000 | 0 | 0 |
| FIGX CAP ACQUISITION CORP. | USD CL A ORD SHS | G3473K100 |  | 1279758 | 128104 | SH |  | DFND | 1 | 128104 | 0 | 0 |
| FIGX CAP ACQUISITION CORP. | *W EXP 06/17/203 | G3473K118 |  | 7044 | 29350 | SH |  | DFND | 1 | 29350 | 0 | 0 |
| FOUR LEAF ACQUISITION CORP | *W EXP 03/15/202 | 35088F115 |  | 3130 | 87697 | SH |  | DFND | 1 | 87697 | 0 | 0 |
| FUTURE VISION II ACQUISITION | RIGHT 06/29/2029 | G37068114 |  | 44810 | 249085 | SH |  | DFND | 1 | 249085 | 0 | 0 |
| GIBO HOLDINGS LTD. | *W EXP 05/08/203 | G38617117 |  | 1172 | 33500 | SH |  | DFND | 1 | 33500 | 0 | 0 |
| HORIZON SPACE ACQUSTN I CORP | RIGHT 12/27/2024 | G4619M125 |  | 33504 | 209403 | SH |  | DFND | 1 | 209403 | 0 | 0 |
| HORIZON SPACE ACQUSTN I CORP | *W EXP 12/27/202 | G4619M117 |  | 14680 | 210025 | SH |  | DFND | 1 | 210025 | 0 | 0 |
| HORIZON SPACE ACQUISITION II | RIGHT 03/30/2026 | G4627B111 |  | 33529 | 223381 | SH |  | DFND | 1 | 223381 | 0 | 0 |
| INDIGO ACQUISITION CORP | RIGHT 04/02/2027 | G4791J114 |  | 34912 | 218200 | SH |  | DFND | 1 | 218200 | 0 | 0 |
| KOCHAV DEFENSE ACQUI CO | RIGHT 05/21/2030 | G5304D114 |  | 84876 | 385803 | SH |  | DFND | 1 | 385803 | 0 | 0 |
| K GROWTH ACQUISITION CORP | RIGHT 08/29/2031 | G52258129 |  | 46500 | 310006 | SH |  | DFND | 1 | 310006 | 0 | 0 |
| CSLM DIGITA ASSET ACQ CORP I | UNIT 08/12/2030 | G2584S135 |  | 1066095 | 105554 | SH |  | DFND | 1 | 105554 | 0 | 0 |
| KEEN VISION ACQUISITION CORP | *W EXP 03/15/202 | G52443127 |  | 7573 | 125799 | SH |  | DFND | 1 | 125799 | 0 | 0 |
| K WAVE MEDIA LTD | *W EXP 05/14/203 | G53151125 |  | 48665 | 335626 | SH |  | DFND | 1 | 335626 | 0 | 0 |
| GALATA ACQUISITION CORP II | UNIT 09/12/2030 | G3R25N124 |  | 399200 | 40000 | SH |  | DFND | 1 | 40000 | 0 | 0 |
| LIGHTWAVE ACQUISITION CORP | *W EXP 06/06/203 | G5490M126 |  | 4797 | 25000 | SH |  | DFND | 1 | 25000 | 0 | 0 |
| M3-BRIGADE ACQUISITION VI CO | UNIT 08/18/2030 | G63221124 |  | 3339599 | 330000 | SH |  | DFND | 1 | 330000 | 0 | 0 |
| YORKVILLE ACQUISITION CORP. | *W EXP 06/06/203 | G98659124 |  | 13599 | 11333 | SH |  | DFND | 1 | 11333 | 0 | 0 |
| MKDWELL TECH INC | *W EXP 07/31/202 | G6209W116 |  | 2371 | 181012 | SH |  | DFND | 1 | 181012 | 0 | 0 |
| MOUNTAIN LAKE ACQUISITION CO | RIGHT 11/15/2028 | G6301B127 |  | 78026 | 519833 | SH |  | DFND | 1 | 519833 | 0 | 0 |
| MULTISENSOR AI HOLDINGS INC | *W EXP 12/19/202 | 456948116 |  | 6820 | 179486 | SH |  | DFND | 1 | 179486 | 0 | 0 |
| NEWHOLD INVT CORP III | *W EXP 01/30/203 | G6486E110 |  | 11421 | 31727 | SH |  | DFND | 1 | 31727 | 0 | 0 |
| NMP ACQUISITION CORP | RIGHT 06/27/2030 | G6375X112 |  | 109444 | 521162 | SH |  | DFND | 1 | 521162 | 0 | 0 |
| OAK WOODS ACQUISITION CORP | *W EXP 99/99/999 | 67190B112 |  | 1335 | 38159 | SH |  | DFND | 1 | 38159 | 0 | 0 |
| ONEMEDNET CORP | *W EXP 11/07/202 | 68270C111 |  | 258 | 4951 | SH |  | DFND | 1 | 4951 | 0 | 0 |
| ORIGIN INVT CORP I | *W EXP 06/27/203 | G67751126 |  | 13500 | 75000 | SH |  | DFND | 1 | 75000 | 0 | 0 |
| OSR HLDGS INC | *W EXP 02/09/202 | 68840D110 |  | 4557 | 111980 | SH |  | DFND | 1 | 111980 | 0 | 0 |
| OTG ACQUISITION CORP. I | UNIT 09/05/2030 | G6791A126 |  | 5035000 | 500000 | SH |  | DFND | 1 | 500000 | 0 | 0 |
| PSYENCE BIOMEDICAL LTD | *W EXP 01/25/202 | 74449F118 |  | 3706 | 147101 | SH |  | DFND | 1 | 147101 | 0 | 0 |
| PALLADYNE AI CORP | *W EXP 09/24/202 | 80359A114 |  | 1413 | 7052 | SH |  | DFND | 1 | 7052 | 0 | 0 |
| QUARTZSEA ACQUISITION CORP | RIGHT 02/18/2030 | G7314B120 |  | 34752 | 121006 | SH |  | DFND | 1 | 121006 | 0 | 0 |
| QUANTUMSPHERE ACQUISITION CO | UNIT 07/30/2030 | G7387B122 |  | 1519500 | 150000 | SH |  | DFND | 1 | 150000 | 0 | 0 |
| REPUBLIC DIGITAL ACQUISITION | *W EXP 05/01/203 | G7515A129 |  | 39953 | 61467 | SH |  | DFND | 1 | 61467 | 0 | 0 |
| ROADZEN INC | *W EXP 11/30/202 | G7606H116 |  | 12645 | 180647 | SH |  | DFND | 1 | 180647 | 0 | 0 |
| SCAGE FUTURE | *W EXP 05/15/203 | G7840J118 |  | 3841 | 80705 | SH |  | DFND | 1 | 80705 | 0 | 0 |
| SMX SEC MATTERS PLC | *W EXP 03/07/202 | G8267K117 |  | 2416 | 89501 | SH |  | DFND | 1 | 89501 | 0 | 0 |
| SOLARIUS CAPITAL ACQU CORP | *W EXP 07/10/203 | G82617112 |  | 23350 | 94080 | SH |  | DFND | 1 | 94080 | 0 | 0 |
| STARRY SEA ACQUISITION CORP | UNIT 07/07/2030 | G8559L104 |  | 2998458 | 295706 | SH |  | DFND | 1 | 295706 | 0 | 0 |
| STELLAR V CAP CORP | *W EXP 10/15/202 | G8475V111 |  | 64446 | 184186 | SH |  | DFND | 1 | 184186 | 0 | 0 |
| SPRING VALLEY ACQUISTN CORP | RIGHT 02/25/2026 | G83752132 |  | 22615 | 43492 | SH |  | DFND | 1 | 43492 | 0 | 0 |
| TRANSLATIONAL DEV ACQUISITIO | *W EXP 12/18/202 | G9008W113 |  | 41702 | 143803 | SH |  | DFND | 1 | 143803 | 0 | 0 |
| TEVOGEN BIO HLDGS INC | *W EXP 02/14/202 | 88165K119 |  | 11135 | 200638 | SH |  | DFND | 1 | 200638 | 0 | 0 |
| WINTERGREEN ACQUISITION CORP | RIGHT 99/99/9999 | G9717M117 |  | 67683 | 423019 | SH |  | DFND | 1 | 423019 | 0 | 0 |
| YHN ACQUISITION I LTD | RIGHT 08/15/2029 | G1514D127 |  | 31201 | 203000 | SH |  | DFND | 1 | 203000 | 0 | 0 |
| ZEO ENERGY CORP | *W EXP 03/13/202 | 98944F117 |  | 8279 | 150541 | SH |  | DFND | 1 | 150541 | 0 | 0 |
| ARCHER AVIATION INC | *W EXP 09/16/202 | 03945R110 |  | 47731 | 21795 | SH |  | DFND | 1 | 21795 | 0 | 0 |
| ADS TEC ENERGY PLC | *W EXP 99/99/999 | G0085J109 |  | 86180 | 76947 | SH |  | DFND | 1 | 76947 | 0 | 0 |
| ALLIANCE ENTERTAINMENT HOLDI | *W EXP 02/10/202 | 01861F110 |  | 79326 | 134452 | SH |  | DFND | 1 | 134452 | 0 | 0 |
| AEVA TECHNOLOGIES INC | *W EXP 03/12/202 | 00835Q111 |  | 5064 | 17465 | SH |  | DFND | 1 | 17465 | 0 | 0 |
| AIRJOULE TECHNOLOGIES CORP | *W EXP 03/15/202 | 612160119 |  | 203858 | 270836 | SH |  | DFND | 1 | 270836 | 0 | 0 |
| AIRSHIP AI HLDGS INC | *W EXP 12/21/202 | 008940116 |  | 220894 | 132272 | SH |  | DFND | 1 | 132272 | 0 | 0 |
| ARDAGH METAL PACKAGING S A | *W EXP 08/04/202 | L02235114 |  | 1103 | 87597 | SH |  | DFND | 1 | 87597 | 0 | 0 |
| AMPRIUS TECHNOLOGIES INC | *W EXP 09/14/202 | 03214Q116 |  | 765309 | 209101 | SH |  | DFND | 1 | 209101 | 0 | 0 |
| ALEANNA INC | COM CL A | 01444V103 |  | 1417 | 337 | SH |  | DFND | 1 | 337 | 0 | 0 |
| ALEANNA INC | *W EXP 12/13/202 | 01444V111 |  | 10574 | 55654 | SH |  | DFND | 1 | 55654 | 0 | 0 |
| ARKO CORP | *W EXP 12/22/202 | 041242116 |  | 680 | 73216 | SH |  | DFND | 1 | 73216 | 0 | 0 |
| ARQIT QUANTUM INC | COM NEW | G0567U127 |  | 18948 | 489 | SH |  | DFND | 1 | 489 | 0 | 0 |
| AURORA INNOVATION INC | *W EXP 11/03/202 | 051774115 |  | 137532 | 237138 | SH |  | DFND | 1 | 237138 | 0 | 0 |
| BRIDGER AEROSPACE GRP HLDGS | *W EXP 01/24/202 | 96812F110 |  | 844 | 10971 | SH |  | DFND | 1 | 10971 | 0 | 0 |
| BIGBEAR AI HLDGS INC | COM | 08975B109 |  | 11044 | 1694 | SH |  | DFND | 1 | 1694 | 0 | 0 |
| BUTTERFLY NETWORK INC | *W EXP 02/12/202 | 124155110 |  | 969 | 21252 | SH |  | DFND | 1 | 21252 | 0 | 0 |
| BLUE GOLD LTD | *W EXP 04/01/203 | G1331C112 |  | 2663 | 5820 | SH |  | DFND | 1 | 5820 | 0 | 0 |
| BAKKT HOLDINGS INC | COM CL A NEW | 05759B305 |  | 4071 | 121 | SH |  | DFND | 1 | 121 | 0 | 0 |
| BLACKSKY TECHNOLOGY INC | *W EXP 09/09/202 | 09263B116 |  | 1679 | 9958 | SH |  | DFND | 1 | 9958 | 0 | 0 |
| BRAND ENGAGEMENT NETWORK INC | *W EXP 03/14/202 | 104932116 |  | 330 | 21585 | SH |  | DFND | 1 | 21585 | 0 | 0 |
| CEA INDUSTRIES INC | *W EXP 02/11/202 | 86887P119 |  | 7583 | 47424 | SH |  | DFND | 1 | 47424 | 0 | 0 |
| BOREALIS FOODS INC | *W EXP 02/07/202 | 09973D113 |  | 19934 | 260587 | SH |  | DFND | 1 | 260587 | 0 | 0 |
| BIT DIGITAL INC | SHS | G1144A105 |  | 5865 | 1955 | SH |  | DFND | 1 | 1955 | 0 | 0 |
| BITCOIN DEPOT INC | *W EXP 06/30/202 | 09174P113 |  | 38386 | 154783 | SH |  | DFND | 1 | 154783 | 0 | 0 |
| WEBULL CORP | ORD SHS | G9572D103 |  | 355403 | 24030 | SH |  | DFND | 1 | 24030 | 0 | 0 |
| BLAIZE HLDGS INC | *W EXP 01/13/203 | 092915115 |  | 98726 | 158928 | SH |  | DFND | 1 | 158928 | 0 | 0 |
| BUZZFEED INC | *W EXP 12/03/202 | 12430A110 |  | 6161 | 103207 | SH |  | DFND | 1 | 103207 | 0 | 0 |
| CAPTIVISION INC | *W EXP 11/15/202 | G18932114 |  | 9777 | 244441 | SH |  | DFND | 1 | 244441 | 0 | 0 |
| CARDIO DIAGNOSTICS HOLDGS IN | COM NEW | 14159C202 |  | 417 | 104 | SH |  | DFND | 1 | 104 | 0 | 0 |
| CODERE ONLINE LUXEMBOURG S A | ORDINARY SHARES | L18268109 |  | 47044 | 6818 | SH |  | DFND | 1 | 6818 | 0 | 0 |
| COMPOSECURE INC | COM CL A | 20459V105 |  | 573028 | 27523 | SH |  | DFND | 1 | 27523 | 0 | 0 |
| COINCHECK GROUP NV | *W EXP 12/11/202 | N20967100 |  | 50301 | 69863 | SH |  | DFND | 1 | 69863 | 0 | 0 |
| ENVOY MEDICAL INC | *W EXP 09/29/202 | 29415V117 |  | 2455 | 65318 | SH |  | DFND | 1 | 65318 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | *W EXP 01/23/202 | 21874A114 |  | 3379542 | 290591 | SH |  | DFND | 1 | 290591 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | *W EXP 01/23/202 | 21874A130 |  | 76693 | 4275 | SH |  | DFND | 1 | 4275 | 0 | 0 |
| CRITICAL METALS CORP | *W EXP 02/27/202 | G2662B111 |  | 323068 | 153696 | SH |  | DFND | 1 | 153696 | 0 | 0 |
| CURIOSITYSTREAM INC | *W EXP 10/14/202 | 23130Q115 |  | 3067 | 148195 | SH |  | DFND | 1 | 148195 | 0 | 0 |
| CXAPP INC | *W EXP 99/99/999 | 23248B117 |  | 72197 | 1035828 | SH |  | DFND | 1 | 1035828 | 0 | 0 |
| CID HOLDCO INC | *W EXP 12/31/202 | 171756117 |  | 47240 | 309772 | SH |  | DFND | 1 | 309772 | 0 | 0 |
| DAVE INC | *W EXP 01/05/202 | 23834J110 |  | 178865 | 164853 | SH |  | DFND | 1 | 164853 | 0 | 0 |
| TRUMP MEDIA  TECHNOLOGY GRO | *W EXP 03/25/202 | 25400Q113 |  | 1567055 | 193950 | SH |  | DFND | 1 | 193950 | 0 | 0 |
| ECARX HOLDINGS INC | *W EXP 99/99/999 | G29201111 |  | 14760 | 246007 | SH |  | DFND | 1 | 246007 | 0 | 0 |
| ENGENE HOLDINGS INC | *W EXP 10/31/202 | 29286M113 |  | 42196 | 59431 | SH |  | DFND | 1 | 59431 | 0 | 0 |
| EOS ENERGY ENTERPRISES INC | *W EXP 11/17/202 | 29415C119 |  | 55794 | 31523 | SH |  | DFND | 1 | 31523 | 0 | 0 |
| ESTRELLA IMMUNOPHARMA INC | *W EXP 09/29/202 | 297584112 |  | 113 | 2191 | SH |  | DFND | 1 | 2191 | 0 | 0 |
| EVE HLDG INC | COM | 29970N104 |  | 2682 | 704 | SH |  | DFND | 1 | 704 | 0 | 0 |
| EVGO INC | *W EXP 07/01/202 | 30052F118 |  | 12243 | 64406 | SH |  | DFND | 1 | 64406 | 0 | 0 |
| EVOLV TECHNOLOGIES HLDNGS IN | *W EXP 07/16/202 | 30049H110 |  | 183703 | 251649 | SH |  | DFND | 1 | 251649 | 0 | 0 |
| EXPAND ENERGY CORPORATION | *W EXP 02/09/202 | 165167164 |  | 129080 | 1243 | SH |  | DFND | 1 | 1243 | 0 | 0 |
| EXPAND ENERGY CORPORATION | *W EXP 02/09/202 | 165167172 |  | 4066381 | 40906 | SH |  | DFND | 1 | 40906 | 0 | 0 |
| EXPAND ENERGY CORPORATION | *W EXP 02/09/202 | 165167180 |  | 2008761 | 20771 | SH |  | DFND | 1 | 20771 | 0 | 0 |
| FALCONS BEYOND GLOBAL INC | *W EXP 03/16/202 | 306121112 |  | 88470 | 52661 | SH |  | DFND | 1 | 52661 | 0 | 0 |
| FOLD HLDGS INC | *W EXP 02/14/203 | 29103K118 |  | 30360 | 60503 | SH |  | DFND | 1 | 60503 | 0 | 0 |
| FLYEXCLUSIVE INC | *W EXP 99/99/999 | 343928115 |  | 6396 | 20148 | SH |  | DFND | 1 | 20148 | 0 | 0 |
| FOXX DEV HLDGS INC | *W EXP 09/26/202 | 351665112 |  | 1050 | 7486 | SH |  | DFND | 1 | 7486 | 0 | 0 |
| BITFUFU INC | *W EXP 03/01/202 | G1152A120 |  | 15529 | 38814 | SH |  | DFND | 1 | 38814 | 0 | 0 |
| GCL GLOBAL HLDGS LTD | *W EXP 02/13/203 | G3777K111 |  | 1191 | 17025 | SH |  | DFND | 1 | 17025 | 0 | 0 |
| GCT SEMICONDUCTOR HLDG INC | *W EXP 03/01/202 | 36170N115 |  | 3598 | 19194 | SH |  | DFND | 1 | 19194 | 0 | 0 |
| GDEV INC | *W EXP 99/99/999 | G6529J118 |  | 6222 | 268738 | SH |  | DFND | 1 | 268738 | 0 | 0 |
| GAMESTOP CORP NEW | CL A | 36467W109 |  | 132362 | 4852 | SH |  | DFND | 1 | 4852 | 0 | 0 |
| ESS TECH INC | *W EXP 10/08/202 | 26916J114 |  | 100 | 2389 | SH |  | DFND | 1 | 2389 | 0 | 0 |
| NEW HORIZON AIRCRAFT LTD | COM | 64550A107 |  | 5486 | 2160 | SH |  | DFND | 1 | 2160 | 0 | 0 |
| FUSION FUEL GREEN PLC | *W EXP 12/10/202 | G3R25D100 |  | 432 | 18644 | SH |  | DFND | 1 | 18644 | 0 | 0 |
| HERTZ GLOBAL HLDGS INC | *W EXP 06/30/205 | 42806J148 |  | 33796 | 9086 | SH |  | DFND | 1 | 9086 | 0 | 0 |
| HUMACYTE INC | *W EXP 08/27/202 | 44486Q111 |  | 13297 | 50011 | SH |  | DFND | 1 | 50011 | 0 | 0 |
| TRILLER GROUP INC | *W EXP 03/15/202 | 895970119 |  | 447 | 8482 | SH |  | DFND | 1 | 8482 | 0 | 0 |
| IONQ INC | COM | 46222L108 |  | 870840 | 14160 | SH |  | DFND | 1 | 14160 | 0 | 0 |
| JOBY AVIATION INC | *W EXP 08/10/202 | G65163118 |  | 166872 | 27812 | SH |  | DFND | 1 | 27812 | 0 | 0 |
| CLASSOVER HLDGS INC | COM CL B | 182744102 |  | 592 | 490 | SH |  | DFND | 1 | 490 | 0 | 0 |
| KLOTHO NEUROSCIENCES INC | COM | 49876K103 |  | 5532 | 11417 | SH |  | DFND | 1 | 11417 | 0 | 0 |
| KATAPULT HOLDINGS INC | *W EXP 06/09/202 | 485859110 |  | 438 | 64532 | SH |  | DFND | 1 | 64532 | 0 | 0 |
| KYIVSTAR GROUP LTD | *W EXP 08/14/203 | G5331N119 |  | 223206 | 54977 | SH |  | DFND | 1 | 54977 | 0 | 0 |
| LANVIN GROUP HOLDINGS LIMITE | *W EXP 01/14/202 | G5380J118 |  | 2307 | 122728 | SH |  | DFND | 1 | 122728 | 0 | 0 |
| AEYE INC | CL A NEW | 008183204 |  | 1063 | 427 | SH |  | DFND | 1 | 427 | 0 | 0 |
| LIMINATUS PHARMA INC. | *W EXP 04/30/203 | 53271X116 |  | 9297 | 62863 | SH |  | DFND | 1 | 62863 | 0 | 0 |
| LEMONADE INC | *W EXP 02/09/202 | 52567D115 |  | 723 | 10654 | SH |  | DFND | 1 | 10654 | 0 | 0 |
| LANZATECH GLOBAL INC | *W EXP 01/01/202 | 51655R119 |  | 743 | 41069 | SH |  | DFND | 1 | 41069 | 0 | 0 |
| LOTUS TECHNOLOGY INC | *W EXP 02/22/202 | 54572F119 |  | 24170 | 339954 | SH |  | DFND | 1 | 339954 | 0 | 0 |
| LAVORO LTD | *W EXP 02/27/202 | G5391L110 |  | 5401 | 142884 | SH |  | DFND | 1 | 142884 | 0 | 0 |
| SPECTRAL AI INC | *W EXP 99/99/999 | 84757T113 |  | 12573 | 18014 | SH |  | DFND | 1 | 18014 | 0 | 0 |
| MOOLEC SCIENCE SA | *W EXP 12/30/202 | L64875112 |  | 332 | 30793 | SH |  | DFND | 1 | 30793 | 0 | 0 |
| MONEYHERO LIMITED | *W EXP 09/13/202 | G6202B119 |  | 3883 | 34763 | SH |  | DFND | 1 | 34763 | 0 | 0 |
| MOBIX LABS INC | *W EXP 99/99/999 | 60743G118 |  | 152 | 1690 | SH |  | DFND | 1 | 1690 | 0 | 0 |
| MURANO GLOBAL INVTS PLC | *W EXP 03/19/202 | G63369113 |  | 16085 | 110247 | SH |  | DFND | 1 | 110247 | 0 | 0 |
| MICROVAST HOLDINGS INC | *W EXP 04/01/202 | 59516C114 |  | 30739 | 172696 | SH |  | DFND | 1 | 172696 | 0 | 0 |
| NAMIB MINERALS | *W EXP 06/05/203 | G63638111 |  | 52401 | 374299 | SH |  | DFND | 1 | 374299 | 0 | 0 |
| NEWAMSTERDAM PHARMA COMPANY | ORDINARY SHARES | N62509109 |  | 69080 | 2429 | SH |  | DFND | 1 | 2429 | 0 | 0 |
| NIOCORP DEVS LTD | *W EXP 03/17/202 | 654484153 |  | 217524 | 118220 | SH |  | DFND | 1 | 118220 | 0 | 0 |
| NOBLE CORP PLC | *W EXP 02/04/202 | G65431150 |  | 231130 | 26908 | SH |  | DFND | 1 | 26908 | 0 | 0 |
| NEXTNAV INC | *W EXP 99/99/999 | 65345N114 |  | 338268 | 61728 | SH |  | DFND | 1 | 61728 | 0 | 0 |
| FISCALNOTE HOLDINGS INC | *W EXP 07/29/202 | 337655112 |  | 12295 | 186290 | SH |  | DFND | 1 | 186290 | 0 | 0 |
| NRX PHARMACEUTICALS INC | *W EXP 05/24/202 | 629444118 |  | 1550 | 21778 | SH |  | DFND | 1 | 21778 | 0 | 0 |
| NEW ERA ENERGY  DIGITAL INC | *W EXP 12/06/202 | 64428N117 |  | 215 | 635 | SH |  | DFND | 1 | 635 | 0 | 0 |
| NUVATION BIO INC | *W EXP 02/10/202 | 67080N119 |  | 7307 | 36158 | SH |  | DFND | 1 | 36158 | 0 | 0 |
| ENVVENO MEDICAL CORPORATION | COM | 29415J106 |  | 1601 | 1768 | SH |  | DFND | 1 | 1768 | 0 | 0 |
| OMNIAB INC | COM | 68218J103 |  | 92 | 58 | SH |  | DFND | 1 | 58 | 0 | 0 |
| OMNIAB INC | *W EXP 99/99/999 | 68218J111 |  | 2031 | 11951 | SH |  | DFND | 1 | 11951 | 0 | 0 |
| OCULIS HOLDING AG | *W EXP 03/06/202 | H5870P110 |  | 20604 | 3048 | SH |  | DFND | 1 | 3048 | 0 | 0 |
| OPPFI INC | COM CL A | 68386H103 |  | 59210 | 5226 | SH |  | DFND | 1 | 5226 | 0 | 0 |
| SYNTEC OPTICS HLDGS INC | *W EXP 99/99/999 | 87169M113 |  | 7095 | 81372 | SH |  | DFND | 1 | 81372 | 0 | 0 |
| OUSTER INC | *W EXP 03/11/202 | 68989M111 |  | 794 | 15395 | SH |  | DFND | 1 | 15395 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 161453 | 3417 | SH |  | DFND | 1 | 3417 | 0 | 0 |
| PURECYCLE TECHNOLOGIES INC | *W EXP 03/17/202 | 74623V111 |  | 542223 | 160424 | SH |  | DFND | 1 | 160424 | 0 | 0 |
| PALLADYNE AI CORP | COM NEW | 80359A205 |  | 4475 | 521 | SH |  | DFND | 1 | 521 | 0 | 0 |
| GRABAGUN DIGITAL HLDGS INC | *W EXP 99/99/999 | 38387Q113 |  | 28524 | 22818 | SH |  | DFND | 1 | 22818 | 0 | 0 |
| PAGAYA TECHNOLOGIES LTD | CL A NEW | M7S64L123 |  | 11965 | 403 | SH |  | DFND | 1 | 403 | 0 | 0 |
| P3 HEALTH PARTNERS INC | *W EXP 11/19/202 | 744413113 |  | 47 | 5094 | SH |  | DFND | 1 | 5094 | 0 | 0 |
| PSQ HOLDINGS INC | *W EXP 07/19/202 | 693691115 |  | 11666 | 61371 | SH |  | DFND | 1 | 61371 | 0 | 0 |
| QUANTUM SI INC | COM CL A | 74765K105 |  | 11033 | 7825 | SH |  | DFND | 1 | 7825 | 0 | 0 |
| RAIN ENHANCEMENT TECHNOLOGIE | *W EXP 12/31/202 | 75080J111 |  | 22394 | 135725 | SH |  | DFND | 1 | 135725 | 0 | 0 |
| REDWIRE CORPORATION | COM | 75776W103 |  | 1168 | 130 | SH |  | DFND | 1 | 130 | 0 | 0 |
| REAL MESSENGER CORP. | *W EXP 11/19/202 | G7410G114 |  | 5488 | 93817 | SH |  | DFND | 1 | 93817 | 0 | 0 |
| RESERVOIR MEDIA INC | *W EXP 08/26/202 | 76119X113 |  | 51529 | 58556 | SH |  | DFND | 1 | 58556 | 0 | 0 |
| RUMBLE INC | *W EXP 09/16/202 | 78137L113 |  | 823 | 414 | SH |  | DFND | 1 | 414 | 0 | 0 |
| REZOLVE AI PLC | ORD SHS | G75398100 |  | 93121 | 18699 | SH |  | DFND | 1 | 18699 | 0 | 0 |
| SAB BIOTHERAPEUTICS INC | *W EXP 10/22/202 | 78397T111 |  | 42 | 1811 | SH |  | DFND | 1 | 1811 | 0 | 0 |
| SATELLOGIC INC | *W EXP 01/25/202 | 80401C118 |  | 37741 | 107834 | SH |  | DFND | 1 | 107834 | 0 | 0 |
| SUNCAR TECHNOLOGY GROUP INC | *W EXP 05/17/202 | G85727116 |  | 15291 | 264564 | SH |  | DFND | 1 | 264564 | 0 | 0 |
| VIVID SEATS INC | COM CL A | 92854T209 |  | 49 | 3 | SH |  | DFND | 1 | 3 | 0 | 0 |
| SES AI CORPORATION | *W EXP 12/10/202 | 78397Q117 |  | 7194 | 39994 | SH |  | DFND | 1 | 39994 | 0 | 0 |
| SKY HARBOUR GROUP CORPORATIO | *W EXP 01/25/202 | 83085C115 |  | 517054 | 342420 | SH |  | DFND | 1 | 342420 | 0 | 0 |
| SOLID POWER INC | CLASS A COM | 83422N105 |  | 7103 | 2047 | SH |  | DFND | 1 | 2047 | 0 | 0 |
| SOLID POWER INC | *W EXP 12/08/202 | 83422N113 |  | 6264 | 14569 | SH |  | DFND | 1 | 14569 | 0 | 0 |
| SOUTHLAND HLDGS INC | *W EXP 02/14/202 | 84445C118 |  | 6255 | 32429 | SH |  | DFND | 1 | 32429 | 0 | 0 |
| SOUNDHOUND AI INC | *W EXP 04/26/202 | 836100115 |  | 125011 | 17399 | SH |  | DFND | 1 | 17399 | 0 | 0 |
| COMPLETE SOLARIA INC | COM | 20460L104 |  | 3951 | 2245 | SH |  | DFND | 1 | 2245 | 0 | 0 |
| STRATA CRITICAL MEDICAL INC | *W EXP 05/07/202 | 092667112 |  | 23986 | 115322 | SH |  | DFND | 1 | 115322 | 0 | 0 |
| TALKSPACE INC | *W EXP 06/21/202 | 87427V111 |  | 1301 | 27685 | SH |  | DFND | 1 | 27685 | 0 | 0 |
| T1 ENERGY INC | *W EXP 07/09/202 | 35834F112 |  | 4580 | 59252 | SH |  | DFND | 1 | 59252 | 0 | 0 |
| GENERATION ESSENTIALS GROUP | *W EXP 02/15/202 | G38268119 |  | 13995 | 106836 | SH |  | DFND | 1 | 106836 | 0 | 0 |
| TMC THE METALS COMPANY INC | *W EXP 09/09/202 | 87261Y114 |  | 25111 | 23918 | SH |  | DFND | 1 | 23918 | 0 | 0 |
| THE ONCOLOGY INSTITUTE INC | *W EXP 99/99/999 | 68236X118 |  | 23642 | 197019 | SH |  | DFND | 1 | 197019 | 0 | 0 |
| USA RARE EARTH INC | *W EXP 03/13/203 | 91733P115 |  | 890364 | 123355 | SH |  | DFND | 1 | 123355 | 0 | 0 |
| VALARIS LTD | *W EXP 04/29/202 | G9460G119 |  | 65928 | 23550 | SH |  | DFND | 1 | 23550 | 0 | 0 |
| VINFAST AUTO LTD | *W EXP 08/11/202 | Y9390M111 |  | 35186 | 167476 | SH |  | DFND | 1 | 167476 | 0 | 0 |
| VERDE CLEAN FUELS INC | *W EXP 02/15/202 | 923372114 |  | 12212 | 118567 | SH |  | DFND | 1 | 118567 | 0 | 0 |
| VISIONWAVE HOLDINGS INC | *W EXP 07/14/203 | 927950113 |  | 106771 | 259594 | SH |  | DFND | 1 | 259594 | 0 | 0 |
| GENEDX HOLDINGS CORP | *W EXP 07/22/202 | 81663L119 |  | 3876 | 35368 | SH |  | DFND | 1 | 35368 | 0 | 0 |
| WEARABLE DEVICES LTD | SHS | M97838201 |  | 1095 | 225 | SH |  | DFND | 1 | 225 | 0 | 0 |
| YD BIO LTD | *W EXP 08/28/203 | G9835J103 |  | 38625 | 18134 | SH |  | DFND | 1 | 18134 | 0 | 0 |
| TRILLER GROUP INC | COM | 895970101 |  | 106 | 128 | SH |  | DFND | 1 | 128 | 0 | 0 |
| POLESTAR AUTOMOTIVE HLDG UK | ADS A | 731105201 |  | 4122 | 4385 | SH |  | DFND | 1 | 4385 | 0 | 0 |
| D-WAVE QUANTUM INC | COM | 26740W109 |  | 3779196 | 152942 | SH |  | DFND | 1 | 152942 | 0 | 0 |
| RIGETTI COMPUTING INC | COMMON STOCK | 76655K103 |  | 657673 | 22077 | SH |  | DFND | 1 | 22077 | 0 | 0 |
| WALDENCAST PLC | CLASS A ORD SHS | G9503X103 |  | 4062 | 2052 | SH |  | DFND | 1 | 2052 | 0 | 0 |
| CALAMOS DYNAMIC CONV  INCOM | COM | 12811V105 |  | 1583196 | 75247 | SH |  | DFND | 1 | 75247 | 0 | 0 |
| GABELLI MULTIMEDIA TR INC | COM | 36239Q109 |  | 258834 | 60194 | SH |  | DFND | 1 | 60194 | 0 | 0 |
| GABELLI GLOBL UTIL  INCOME | COM SH BEN INT | 36242L105 |  | 11404 | 630 | SH |  | DFND | 1 | 630 | 0 | 0 |
| HANCOCK JOHN PREM DIVID FD | COM SH BEN INT | 41013T105 |  | 158212 | 11860 | SH |  | DFND | 1 | 11860 | 0 | 0 |
| SPDR INDEX SHS FDS | DJ GLB RL ES ETF | 78463X749 |  | 668791 | 14612 | SH |  | DFND | 1 | 14612 | 0 | 0 |
| SEMLER SCIENTIFIC INC | COM | 81684M104 |  | 1027950 | 34265 | SH |  | DFND | 1 | 34265 | 0 | 0 |
| WESTERN ASSET INVESTMENT GRA | COM | 95766T100 |  | 120559 | 9404 | SH |  | DFND | 1 | 9404 | 0 | 0 |
| ADIENT PLC | ORD SHS | G0084W101 |  | 2439087 | 101291 | SH |  | DFND | 1 | 101291 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 58991 | 695 | SH |  | DFND | 1 | 695 | 0 | 0 |
| ALTA EQUIPMENT GROUP INC | COMMON STOCK | 02128L106 |  | 328116 | 45320 | SH |  | DFND | 1 | 45320 | 0 | 0 |
| ARDAGH METAL PACKAGING S A | SHS | L02235106 |  | 508322 | 127399 | SH |  | DFND | 1 | 127399 | 0 | 0 |
| AMENTUM HOLDINGS INC | COM | 023939101 |  | 1629558 | 68040 | SH |  | DFND | 1 | 68040 | 0 | 0 |
| APOLLO COML REAL EST FIN INC | COM | 03762U105 |  | 1809562 | 178634 | SH |  | DFND | 1 | 178634 | 0 | 0 |
| ARCHROCK INC | COM | 03957W106 |  | 39570 | 1504 | SH |  | DFND | 1 | 1504 | 0 | 0 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 52120 | 1042 | SH |  | DFND | 1 | 1042 | 0 | 0 |
| ADTALEM GLOBAL ED INC | COM | 00737L103 |  | 30735 | 199 | SH |  | DFND | 1 | 199 | 0 | 0 |
| ATKORE INC | COM | 047649108 |  | 558386 | 8900 | SH |  | DFND | 1 | 8900 | 0 | 0 |
| ALTICE USA INC | CL A | 02156K103 |  | 1145812 | 475441 | SH |  | DFND | 1 | 475441 | 0 | 0 |
| AEROVIRONMENT INC | NOTE         7/1 | 008073AA6 |  | 19297116 | 15553000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| AVNET INC | COM | 053807103 |  | 15684 | 300 | SH |  | DFND | 1 | 300 | 0 | 0 |
| AMERICAN AXLE  MFG HLDGS IN | COM | 024061103 |  | 700231 | 116511 | SH |  | DFND | 1 | 116511 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 485842 | 677 | SH |  | DFND | 1 | 677 | 0 | 0 |
| BEYOND MEAT INC | COM | 08862E109 |  | 1457 | 771 | SH |  | DFND | 1 | 771 | 0 | 0 |
| CHEMOURS CO | COM | 163851108 |  | 1421133 | 89718 | SH |  | DFND | 1 | 89718 | 0 | 0 |
| CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 |  | 2156965 | 1365168 | SH |  | DFND | 1 | 1365168 | 0 | 0 |
| CARDLYTICS INC | NOTE  4.250% 4/0 | 14161WAD7 |  | 7736854 | 14879000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 2400886 | 196794 | SH |  | DFND | 1 | 196794 | 0 | 0 |
| CLARIVATE PLC | ORD SHS | G21810109 |  | 562807 | 146947 | SH |  | DFND | 1 | 146947 | 0 | 0 |
| CIMPRESS PLC | SHS EURO | G2143T103 |  | 2063299 | 32730 | SH |  | DFND | 1 | 32730 | 0 | 0 |
| CINEMARK HLDGS INC | COM | 17243V102 |  | 1535243 | 54791 | SH |  | DFND | 1 | 54791 | 0 | 0 |
| COMPASS DIVERSIFIED | SH BEN INT | 20451Q104 |  | 1984510 | 299775 | SH |  | DFND | 1 | 299775 | 0 | 0 |
| MR COOPER GROUP INC | COM | 62482R107 |  | 4652346 | 22071 | SH |  | DFND | 1 | 22071 | 0 | 0 |
| COOPER STD HLDGS INC | COM | 21676P103 |  | 215264 | 5829 | SH |  | DFND | 1 | 5829 | 0 | 0 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 24554 | 100 | SH |  | DFND | 1 | 100 | 0 | 0 |
| CAPITAL SOUTHWEST CORP | NOTE  5.125%11/1 | 140501AE7 |  | 14803679 | 14834000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CAESARS ENTERTAINMENT INC NE | COM | 12769G100 |  | 2955832 | 109374 | SH |  | DFND | 1 | 109374 | 0 | 0 |
| DIVERSIFIED HEALTHCARE TR | COM SH BEN INT | 25525P107 |  | 1483374 | 336366 | SH |  | DFND | 1 | 336366 | 0 | 0 |
| ENERGIZER HLDGS INC NEW | COM | 29272W109 |  | 857858 | 34466 | SH |  | DFND | 1 | 34466 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 11155 | 105 | SH |  | DFND | 1 | 105 | 0 | 0 |
| FIRSTCASH HOLDINGS INC | COM | 33768G107 |  | 458309 | 2893 | SH |  | DFND | 1 | 2893 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 |  | 1085934 | 23700 | SH |  | DFND | 1 | 23700 | 0 | 0 |
| FLUOR CORP NEW | COM | 343412102 |  | 103029 | 2449 | SH |  | DFND | 1 | 2449 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 1335532 | 5258 | SH |  | DFND | 1 | 5258 | 0 | 0 |
| FRESHPET INC | NOTE  3.000% 4/0 | 358039AB1 |  | 79742368 | 70814000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| FORTUNA MNG CORP | NOTE  3.750% 6/3 | 349915AE8 |  | 28608551 | 18159000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 30869 | 185 | SH |  | DFND | 1 | 185 | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORP | COM | 83001C108 |  | 572884 | 25215 | SH |  | DFND | 1 | 25215 | 0 | 0 |
| GAP INC | COM | 364760108 |  | 1964564 | 91845 | SH |  | DFND | 1 | 91845 | 0 | 0 |
| GLADSTONE CAP CORP | NOTE  5.875%10/0 | 376535AG5 |  | 3199310 | 3250000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| GROUPON INC | NOTE  4.875% 6/3 | 399473AK3 |  | 23587218 | 25200000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| GROUPON INC | NOTE  6.250% 3/1 | 399473AH0 |  | 8216232 | 7064000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| GATES INDL CORP PLC | ORD SHS | G39108108 |  | 8339 | 336 | SH |  | DFND | 1 | 336 | 0 | 0 |
| GRAY MEDIA INC | COM | 389375106 |  | 1809718 | 313100 | SH |  | DFND | 1 | 313100 | 0 | 0 |
| HOWARD HUGHES HOLDINGS INC | COM | 44267T102 |  | 319641 | 3890 | SH |  | DFND | 1 | 3890 | 0 | 0 |
| HERBALIFE LTD | COM SHS | G4412G101 |  | 1908824 | 226164 | SH |  | DFND | 1 | 226164 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 164484 | 634 | SH |  | DFND | 1 | 634 | 0 | 0 |
| ANYWHERE REAL ESTATE INC | COM | 75605Y106 |  | 4670211 | 441002 | SH |  | DFND | 1 | 441002 | 0 | 0 |
| HERC HLDGS INC | COM | 42704L104 |  | 1536412 | 13170 | SH |  | DFND | 1 | 13170 | 0 | 0 |
| H WORLD GROUP LTD | NOTE  3.000% 5/0 | 44332NAB2 |  | 30959953 | 27849000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| IHEARTMEDIA INC | COM CL A | 45174J509 |  | 1585212 | 552339 | SH |  | DFND | 1 | 552339 | 0 | 0 |
| INSEEGO CORP | COM NEW | 45782B302 |  | 3558997 | 237742 | SH |  | DFND | 1 | 237742 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 2429434 | 23832 | SH |  | DFND | 1 | 23832 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 11203 | 85 | SH |  | DFND | 1 | 85 | 0 | 0 |
| JD.COM INC | NOTE  0.250% 6/0 | 47215PAJ5 |  | 59738945 | 55600000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| JELD-WEN HLDG INC | COM | 47580P103 |  | 801984 | 163337 | SH |  | DFND | 1 | 163337 | 0 | 0 |
| LCI INDS | COM | 50189K103 |  | 15649 | 168 | SH |  | DFND | 1 | 168 | 0 | 0 |
| LIONSGATE STUDIOS CORP | COM | 53626N102 |  | 166897 | 24188 | SH |  | DFND | 1 | 24188 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 6500052 | 39780 | SH |  | DFND | 1 | 39780 | 0 | 0 |
| MATIV HOLDINGS INC | COM | 808541106 |  | 1770444 | 156538 | SH |  | DFND | 1 | 156538 | 0 | 0 |
| MERCER INTL INC | COM | 588056101 |  | 46370 | 16101 | SH |  | DFND | 1 | 16101 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 169556 | 4892 | SH |  | DFND | 1 | 4892 | 0 | 0 |
| MGP INGREDIENTS INC NEW | COM | 55303J106 |  | 14707 | 608 | SH |  | DFND | 1 | 608 | 0 | 0 |
| MILLROSE PPTYS INC | COM CL A | 601137102 |  | 723993 | 21541 | SH |  | DFND | 1 | 21541 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 254339 | 7201 | SH |  | DFND | 1 | 7201 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 1161353 | 47152 | SH |  | DFND | 1 | 47152 | 0 | 0 |
| ODDITY TECH LTD | SHS CL A | M7518J104 |  | 204032 | 3275 | SH |  | DFND | 1 | 3275 | 0 | 0 |
| OIL STS INTL INC | NOTE  4.750% 4/0 | 678026AK1 |  | 13743887 | 13747000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| OLIN CORP | COM PAR $1 | 680665205 |  | 1669182 | 66794 | SH |  | DFND | 1 | 66794 | 0 | 0 |
| ORMAT TECHNOLOGIES INC | COM | 686688102 |  | 673 | 7 | SH |  | DFND | 1 | 7 | 0 | 0 |
| PITNEY BOWES INC | COM | 724479100 |  | 747526 | 65515 | SH |  | DFND | 1 | 65515 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 170234 | 1288 | SH |  | DFND | 1 | 1288 | 0 | 0 |
| PENN ENTERTAINMENT INC | COM | 707569109 |  | 1281290 | 66526 | SH |  | DFND | 1 | 66526 | 0 | 0 |
| PENNYMAC FINL SVCS INC NEW | COM | 70932M107 |  | 163397 | 1319 | SH |  | DFND | 1 | 1319 | 0 | 0 |
| PHINIA INC | COMMON STOCK | 71880K101 |  | 163185 | 2839 | SH |  | DFND | 1 | 2839 | 0 | 0 |
| PLAYTIKA HLDG CORP | COM | 72815L107 |  | 995898 | 256015 | SH |  | DFND | 1 | 256015 | 0 | 0 |
| PINNACLE WEST CAP CORP | NOTE  4.750% 6/1 | 723484AK7 |  | 78426869 | 72900000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| POST HLDGS INC | COM | 737446104 |  | 2674424 | 24883 | SH |  | DFND | 1 | 24883 | 0 | 0 |
| PRA GROUP INC | COM | 69354N106 |  | 1306038 | 84588 | SH |  | DFND | 1 | 84588 | 0 | 0 |
| PARSONS CORP DEL | COM | 70202L102 |  | 1369092 | 16511 | SH |  | DFND | 1 | 16511 | 0 | 0 |
| RB GLOBAL INC | COM | 74935Q107 |  | 109551 | 1011 | SH |  | DFND | 1 | 1011 | 0 | 0 |
| RYMAN HOSPITALITY PPTYS INC | COM | 78377T107 |  | 243595 | 2719 | SH |  | DFND | 1 | 2719 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 627463 | 55089 | SH |  | DFND | 1 | 55089 | 0 | 0 |
| REDFIN CORP | NOTE  0.500% 4/0 | 75737FAE8 |  | 38043620 | 41000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 274772 | 7300 | SH |  | DFND | 1 | 7300 | 0 | 0 |
| SABRE CORP | COM | 78573M104 |  | 2336 | 1277 | SH |  | DFND | 1 | 1277 | 0 | 0 |
| SINCLAIR INC | CL A | 829242106 |  | 747238 | 49486 | SH |  | DFND | 1 | 49486 | 0 | 0 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 581875 | 25000 | SH |  | DFND | 1 | 25000 | 0 | 0 |
| SPIRIT AEROSYSTEMS HLDGS INC | COM CL A | 848574109 |  | 2689107 | 69666 | SH |  | DFND | 1 | 69666 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 614307 | 6921 | SH |  | DFND | 1 | 6921 | 0 | 0 |
| SSR MINING IN | NOTE  2.500% 4/0 | 784730AB9 |  | 20585650 | 14511000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| STARZ ENTERTAINMENT CORP. | COM | 855919106 |  | 282668 | 19190 | SH |  | DFND | 1 | 19190 | 0 | 0 |
| STARWOOD PPTY TR INC | NOTE  6.750% 7/1 | 85571BBA2 |  | 18425590 | 17415000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SERVICE PPTYS TR | COM SH BEN INT | 81761L102 |  | 1284071 | 473827 | SH |  | DFND | 1 | 473827 | 0 | 0 |
| SUNCOKE ENERGY INC | COM | 86722A103 |  | 7344 | 900 | SH |  | DFND | 1 | 900 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 1569761 | 1191 | SH |  | DFND | 1 | 1191 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 2396459 | 117878 | SH |  | DFND | 1 | 117878 | 0 | 0 |
| TRINET GROUP INC | COM | 896288107 |  | 378530 | 5659 | SH |  | DFND | 1 | 5659 | 0 | 0 |
| TETRA TECH INC NEW | DBCV  2.250% 8/1 | 88162GAB9 |  | 18261059 | 16930000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| TXNM ENERGY INC | NOTE  5.750% 6/0 | 69349HAF4 |  | 10407571 | 7950000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| UGI CORP NEW | NOTE  5.000% 6/0 | 902681AB1 |  | 44187214 | 34488000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| UNITED NAT FOODS INC | COM | 911163103 |  | 545490 | 14500 | SH |  | DFND | 1 | 14500 | 0 | 0 |
| UNITI GROUP LLC | COM SHS | 912932100 |  | 697937 | 114042 | SH |  | DFND | 1 | 114042 | 0 | 0 |
| UPSTART HLDGS INC | COM | 91680M107 |  | 94792 | 1866 | SH |  | DFND | 1 | 1866 | 0 | 0 |
| US FOODS HLDG CORP | COM | 912008109 |  | 202276 | 2640 | SH |  | DFND | 1 | 2640 | 0 | 0 |
| VERRA MOBILITY CORP | CL A COM STK | 92511U102 |  | 181248 | 7338 | SH |  | DFND | 1 | 7338 | 0 | 0 |
| VICTORIAS SECRET AND CO | COMMON STOCK | 926400102 |  | 2338138 | 86151 | SH |  | DFND | 1 | 86151 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 3139030 | 16022 | SH |  | DFND | 1 | 16022 | 0 | 0 |
| WEIBO CORP | NOTE  1.375%12/0 | 948596AJ0 |  | 30227223 | 23288000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 1437055 | 8067 | SH |  | DFND | 1 | 8067 | 0 | 0 |
| WISDOMTREE INC | NOTE  3.250% 8/1 | 97717PAH7 |  | 73043878 | 56000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 66572 | 519 | SH |  | DFND | 1 | 519 | 0 | 0 |
| BLOCK INC | NOTE  0.250%11/0 | 852234AK9 |  | 1869567 | 2050000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 415872 | 2736 | SH |  | DFND | 1 | 2736 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 1561418 | 20265 | SH |  | DFND | 1 | 20265 | 0 | 0 |
| MIRION TECHNOLOGIES INC | COM CL A | 60471A101 |  | 1148090 | 49359 | SH |  | DFND | 1 | 49359 | 0 | 0 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 |  | 1044200 | 4000 | SH |  | DFND | 1 | 4000 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 1363600 | 5000 | SH |  | DFND | 1 | 5000 | 0 | 0 |
| API GROUP CORP | COM STK | 00187Y100 |  | 1374800 | 40000 | SH |  | DFND | 1 | 40000 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 2243125 | 18500 | SH |  | DFND | 1 | 18500 | 0 | 0 |
| CORE  MAIN INC | CL A | 21874C102 |  | 1130430 | 21000 | SH |  | DFND | 1 | 21000 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 1454045 | 21500 | SH |  | DFND | 1 | 21500 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 3895000 | 50000 | SH |  | DFND | 1 | 50000 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 477379 | 1044 | SH |  | DFND | 1 | 1044 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 1780090 | 6500 | SH |  | DFND | 1 | 6500 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 935625 | 2500 | SH |  | DFND | 1 | 2500 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 1372700 | 35000 | SH |  | DFND | 1 | 35000 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 614900 | 1000 | SH |  | DFND | 1 | 1000 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 970200 | 7000 | SH |  | DFND | 1 | 7000 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 481413 | 2287 | SH |  | DFND | 1 | 2287 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 490575 | 2500 | SH |  | DFND | 1 | 2500 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 430780 | 7000 | SH |  | DFND | 1 | 7000 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 6617225 | 13931 | SH |  | DFND | 1 | 13931 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 1260560 | 2000 | SH |  | DFND | 1 | 2000 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 2402835 | 28500 | SH |  | DFND | 1 | 28500 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 365592 | 600 | SH |  | DFND | 1 | 600 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 1354300 | 10000 | SH |  | DFND | 1 | 10000 | 0 | 0 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 |  | 2078250 | 51000 | SH |  | DFND | 1 | 51000 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 4358600 | 20000 | SH |  | DFND | 1 | 20000 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 621630 | 1500 | SH |  | DFND | 1 | 1500 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 655950 | 15000 | SH |  | DFND | 1 | 15000 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 204142 | 1220 | SH |  | DFND | 1 | 1220 | 0 | 0 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 3004750 | 85000 | SH |  | DFND | 1 | 85000 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 2008308 | 5800 | SH |  | DFND | 1 | 5800 | 0 | 0 |
| TRIMAS CORP | COM NEW | 896215209 |  | 2318400 | 60000 | SH |  | DFND | 1 | 60000 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 1918980 | 18000 | SH |  | DFND | 1 | 18000 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 1384290 | 4500 | SH |  | DFND | 1 | 4500 | 0 | 0 |
| EPR PPTYS | PFD C CV 5.75% | 26884U208 |  | 668492 | 26283 | SH |  | DFND | 1 | 26283 | 0 | 0 |
| LXP INDUSTRIAL TRUST | PFD CONV SER C | 529043309 |  | 451372 | 9399 | SH |  | DFND | 1 | 9399 | 0 | 0 |
| LXP INDUSTRIAL TRUST | COM | 529043101 |  | 3241808 | 361809 | SH |  | DFND | 1 | 361809 | 0 | 0 |
| WHEELER REAL ESTATE INVT TR | CV PFD SER B | 963025309 |  | 229377 | 54230 | SH |  | DFND | 1 | 54230 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | 6.75 SE B PFD | 03990B309 |  | 6870312 | 137818 | SH |  | DFND | 1 | 137818 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 11/01/2027 | 65339F119 |  | 1956447 | 41476 | SH |  | DFND | 1 | 41476 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 06/01/2027 | 65339F663 |  | 2973109 | 59441 | SH |  | DFND | 1 | 59441 | 0 | 0 |
| ALBEMARLE CORP | 7.25% DEP SHS A | 012653200 |  | 51137404 | 1332695 | SH |  | DFND | 1 | 1332695 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | SER A MAND CNV | 03769M304 |  | 2992856 | 42477 | SH |  | DFND | 1 | 42477 | 0 | 0 |
| CHART INDS INC | 6.75DP CNV PFD B | 16115Q407 |  | 17027295 | 239041 | SH |  | DFND | 1 | 239041 | 0 | 0 |
| AMERICAN ASSETS TR INC | COM | 024013104 |  | 1819432 | 89539 | SH |  | DFND | 1 | 89539 | 0 | 0 |
| APPLE HOSPITALITY REIT INC | COM NEW | 03784Y200 |  | 2553410 | 212607 | SH |  | DFND | 1 | 212607 | 0 | 0 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 244360 | 1265 | SH |  | DFND | 1 | 1265 | 0 | 0 |
| BRANDYWINE RLTY TR | SH BEN INT NEW | 105368203 |  | 7662491 | 1837528 | SH |  | DFND | 1 | 1837528 | 0 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 1639015 | 59213 | SH |  | DFND | 1 | 59213 | 0 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 3019631 | 28279 | SH |  | DFND | 1 | 28279 | 0 | 0 |
| DIAMONDROCK HOSPITALITY CO | COM | 252784301 |  | 3216460 | 404078 | SH |  | DFND | 1 | 404078 | 0 | 0 |
| ELME COMMUNITIES | SH BEN INT | 939653101 |  | 9693437 | 574937 | SH |  | DFND | 1 | 574937 | 0 | 0 |
| EMPIRE ST RLTY TR INC | CL A | 292104106 |  | 11960890 | 1561474 | SH |  | DFND | 1 | 1561474 | 0 | 0 |
| HIGHWOODS PPTYS INC | COM | 431284108 |  | 2939786 | 92388 | SH |  | DFND | 1 | 92388 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 5774069 | 339252 | SH |  | DFND | 1 | 339252 | 0 | 0 |
| INVENTRUST PPTYS CORP | COM NEW | 46124J201 |  | 831182 | 29042 | SH |  | DFND | 1 | 29042 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 1517886 | 10863 | SH |  | DFND | 1 | 10863 | 0 | 0 |
| NATIONAL STORAGE AFFILIATES | COM SHS BEN IN | 637870106 |  | 1309583 | 43335 | SH |  | DFND | 1 | 43335 | 0 | 0 |
| PIEDMONT REALTY TRUST INC | COM CL A | 720190206 |  | 5872608 | 652512 | SH |  | DFND | 1 | 652512 | 0 | 0 |
| PARK HOTELS  RESORTS INC | COM | 700517105 |  | 1074172 | 96947 | SH |  | DFND | 1 | 96947 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 341131 | 1181 | SH |  | DFND | 1 | 1181 | 0 | 0 |
| REGENCY CTRS CORP | COM | 758849103 |  | 1083148 | 14858 | SH |  | DFND | 1 | 14858 | 0 | 0 |
| RLJ LODGING TR | COM | 74965L101 |  | 2157472 | 299649 | SH |  | DFND | 1 | 299649 | 0 | 0 |
| UDR INC | COM | 902653104 |  | 3625845 | 97312 | SH |  | DFND | 1 | 97312 | 0 | 0 |
| URBAN EDGE PPTYS | COM | 91704F104 |  | 1285945 | 62821 | SH |  | DFND | 1 | 62821 | 0 | 0 |
| ASPEN INSURANCE HOLDINGS LTD | ORD SHS CL A | G05384501 |  | 143866 | 3919 | SH |  | DFND | 1 | 3919 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 3110384 | 48867 | SH |  | DFND | 1 | 48867 | 0 | 0 |
| ALLETE INC | COM NEW | 018522300 |  | 4220915 | 63568 | SH |  | DFND | 1 | 63568 | 0 | 0 |
| AVISTA CORP | COM | 05379B107 |  | 36562 | 967 | SH |  | DFND | 1 | 967 | 0 | 0 |
| AVIDXCHANGE HOLDINGS INC | COM | 05368X102 |  | 1706554 | 171513 | SH |  | DFND | 1 | 171513 | 0 | 0 |
| AXALTA COATING SYS LTD | COM | G0750C108 |  | 303372 | 10600 | SH |  | DFND | 1 | 10600 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 112342 | 1973 | SH |  | DFND | 1 | 1973 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 616877 | 8995 | SH |  | DFND | 1 | 8995 | 0 | 0 |
| CITY OFFICE REIT INC | COM | 178587101 |  | 628355 | 90281 | SH |  | DFND | 1 | 90281 | 0 | 0 |
| CMB.TECH NV | SHS | B38564108 |  | 8451 | 900 | SH |  | DFND | 1 | 900 | 0 | 0 |
| COMPASS INC | CL A | 20464U100 |  | 802 | 100 | SH |  | DFND | 1 | 100 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 2303739 | 24355 | SH |  | DFND | 1 | 24355 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 126320 | 4000 | SH |  | DFND | 1 | 4000 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 6842 | 50 | SH |  | DFND | 1 | 50 | 0 | 0 |
| CANTALOUPE INC | COM | 138103106 |  | 3395601 | 321249 | SH |  | DFND | 1 | 321249 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1385186 | 8920 | SH |  | DFND | 1 | 8920 | 0 | 0 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 522625 | 18500 | SH |  | DFND | 1 | 18500 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 293554 | 4799 | SH |  | DFND | 1 | 4799 | 0 | 0 |
| DAYFORCE INC | COM | 15677J108 |  | 358228 | 5200 | SH |  | DFND | 1 | 5200 | 0 | 0 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 117554 | 529 | SH |  | DFND | 1 | 529 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 207283 | 1199 | SH |  | DFND | 1 | 1199 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 645440 | 3200 | SH |  | DFND | 1 | 3200 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 1355052 | 26854 | SH |  | DFND | 1 | 26854 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 266301 | 340 | SH |  | DFND | 1 | 340 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 115195 | 805 | SH |  | DFND | 1 | 805 | 0 | 0 |
| GUILD HLDGS CO | CL A | 40172N107 |  | 202450 | 10153 | SH |  | DFND | 1 | 10153 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 1269027 | 3570 | SH |  | DFND | 1 | 3570 | 0 | 0 |
| GLOBAL NET LEASE INC | COM NEW | 379378201 |  | 62836 | 7729 | SH |  | DFND | 1 | 7729 | 0 | 0 |
| INTEGRAL AD SCIENCE HLDNG CO | COM | 45828L108 |  | 441306 | 43393 | SH |  | DFND | 1 | 43393 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 395486 | 4100 | SH |  | DFND | 1 | 4100 | 0 | 0 |
| INFORMATICA INC | COM CL A | 45674M101 |  | 4203772 | 169234 | SH |  | DFND | 1 | 169234 | 0 | 0 |
| KELLANOVA | COM | 487836108 |  | 4417925 | 53864 | SH |  | DFND | 1 | 53864 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 2593258 | 40813 | SH |  | DFND | 1 | 40813 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 141679 | 544 | SH |  | DFND | 1 | 544 | 0 | 0 |
| MERIDIANLINK INC | COMMON STOCK | 58985J105 |  | 560889 | 28143 | SH |  | DFND | 1 | 28143 | 0 | 0 |
| MERUS N V | COM | N5749R100 |  | 252322 | 2680 | SH |  | DFND | 1 | 2680 | 0 | 0 |
| MAC COPPER LIMITED | ORD SHS | G60409110 |  | 3121156 | 255623 | SH |  | DFND | 1 | 255623 | 0 | 0 |
| NNN REIT INC | COM | 637417106 |  | 76626 | 1800 | SH |  | DFND | 1 | 1800 | 0 | 0 |
| NEWELL BRANDS INC | COM | 651229106 |  | 7011 | 1338 | SH |  | DFND | 1 | 1338 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 347171 | 5711 | SH |  | DFND | 1 | 5711 | 0 | 0 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 57785 | 1492 | SH |  | DFND | 1 | 1492 | 0 | 0 |
| POTBELLY CORP | COM | 73754Y100 |  | 175784 | 10316 | SH |  | DFND | 1 | 10316 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 4418666 | 28758 | SH |  | DFND | 1 | 28758 | 0 | 0 |
| PARAMOUNT GROUP INC | COM | 69924R108 |  | 154867 | 23680 | SH |  | DFND | 1 | 23680 | 0 | 0 |
| PROS HOLDINGS INC | COM | 74346Y103 |  | 15968 | 697 | SH |  | DFND | 1 | 697 | 0 | 0 |
| SANDSTORM GOLD LTD | COM NEW | 80013R206 |  | 2009134 | 160474 | SH |  | DFND | 1 | 160474 | 0 | 0 |
| STEELCASE INC | CL A | 858155203 |  | 1861796 | 108244 | SH |  | DFND | 1 | 108244 | 0 | 0 |
| SOHO HOUSE  CO INC | COM CL A | 586001109 |  | 803588 | 90801 | SH |  | DFND | 1 | 90801 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 9374 | 19 | SH |  | DFND | 1 | 19 | 0 | 0 |
| SAPIENS INTL CORP N V | SHS | G7T16G103 |  | 111800 | 2600 | SH |  | DFND | 1 | 2600 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 66618 | 100 | SH |  | DFND | 1 | 100 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 35992 | 400 | SH |  | DFND | 1 | 400 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 405024 | 4532 | SH |  | DFND | 1 | 4532 | 0 | 0 |
| TOURMALINE BIO INC | COM | 89157D105 |  | 579699 | 12120 | SH |  | DFND | 1 | 12120 | 0 | 0 |
| UPBOUND GROUP INC | COM | 76009N100 |  | 204446 | 8652 | SH |  | DFND | 1 | 8652 | 0 | 0 |
| VIMEO INC | COMMON STOCK | 92719V100 |  | 299150 | 38600 | SH |  | DFND | 1 | 38600 | 0 | 0 |
| VERONA PHARMA PLC | SPONSORED ADS | 925050106 |  | 4099691 | 38419 | SH |  | DFND | 1 | 38419 | 0 | 0 |
| VERINT SYS INC | COM | 92343X100 |  | 1005412 | 49650 | SH |  | DFND | 1 | 49650 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 153978 | 2200 | SH |  | DFND | 1 | 2200 | 0 | 0 |
| WNS HLDGS LTD | COM SHS | G98196101 |  | 4399253 | 57680 | SH |  | DFND | 1 | 57680 | 0 | 0 |
| WIDEOPENWEST INC | COM | 96758W101 |  | 80557 | 15612 | SH |  | DFND | 1 | 15612 | 0 | 0 |
| ZIMVIE INC | COM | 98888T107 |  | 228018 | 12039 | SH |  | DFND | 1 | 12039 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 1896858 | 14162 | SH |  | DFND | 1 | 14162 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 2102265 | 8525 | SH |  | DFND | 1 | 8525 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 3836509 | 10876 | SH |  | DFND | 1 | 10876 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 886390 | 3141 | SH |  | DFND | 1 | 3141 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 242179 | 1355 | SH |  | DFND | 1 | 1355 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 9922 | 220 | SH |  | DFND | 1 | 220 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 439911 | 14001 | SH |  | DFND | 1 | 14001 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1482859 | 1602 | SH |  | DFND | 1 | 1602 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 6693354 | 28242 | SH |  | DFND | 1 | 28242 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 220289 | 2922 | SH |  | DFND | 1 | 2922 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 64463 | 563 | SH |  | DFND | 1 | 563 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 5666404 | 12670 | SH |  | DFND | 1 | 12670 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 1298611 | 19581 | SH |  | DFND | 1 | 19581 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 5780 | 23 | SH |  | DFND | 1 | 23 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 272459 | 479 | SH |  | DFND | 1 | 479 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 397184 | 1307 | SH |  | DFND | 1 | 1307 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 2276265 | 27121 | SH |  | DFND | 1 | 27121 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 2568086 | 2142 | SH |  | DFND | 1 | 2142 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 960112 | 13769 | SH |  | DFND | 1 | 13769 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 1507418 | 1638 | SH |  | DFND | 1 | 1638 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 979428 | 6974 | SH |  | DFND | 1 | 6974 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1302628 | 8031 | SH |  | DFND | 1 | 8031 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 1848848 | 21854 | SH |  | DFND | 1 | 21854 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 257769 | 2700 | SH |  | DFND | 1 | 2700 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 307279 | 10881 | SH |  | DFND | 1 | 10881 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 130154 | 1451 | SH |  | DFND | 1 | 1451 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 1445 | 10 | SH |  | DFND | 1 | 10 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 4042794 | 22004 | SH |  | DFND | 1 | 22004 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 563915 | 5756 | SH |  | DFND | 1 | 5756 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1933580 | 43995 | SH |  | DFND | 1 | 43995 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 319073 | 3096 | SH |  | DFND | 1 | 3096 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2388270 | 21182 | SH |  | DFND | 1 | 21182 | 0 | 0 |
| ADAMAS TRUST INC. | COM | 649604840 |  | 3252892 | 466699 | SH |  | DFND | 1 | 466699 | 0 | 0 |
| MFA FINL INC | COM | 55272X607 |  | 13909092 | 1513503 | SH |  | DFND | 1 | 1513503 | 0 | 0 |
| TWO HBRS INVT CORP | COM | 90187B804 |  | 2328609 | 235928 | SH |  | DFND | 1 | 235928 | 0 | 0 |
| ADVENT TECHNOLOGIES HOLDNG I | *W EXP 02/03/202 | 00788A113 |  | 424 | 30554 | SH |  | DFND | 1 | 30554 | 0 | 0 |
| ADVANTAGE SOLUTIONS INC | *W EXP 10/28/202 | 00791N110 |  | 451 | 43429 | SH |  | DFND | 1 | 43429 | 0 | 0 |
| AERIES TECHNOLOGY INC | *W EXP 11/06/202 | G0136H110 |  | 565 | 14057 | SH |  | DFND | 1 | 14057 | 0 | 0 |
| ALLURION TECHNOLOGIES INC | *W EXP 08/01/203 | 02008G110 |  | 5709 | 211472 | SH |  | DFND | 1 | 211472 | 0 | 0 |
| ANGHAMI INC | *W EXP 02/03/202 | G0369L119 |  | 164 | 12652 | SH |  | DFND | 1 | 12652 | 0 | 0 |
| BANZAI INTERNATIONAL INC | *W EXP 12/14/202 | 06682J118 |  | 35 | 1341 | SH |  | DFND | 1 | 1341 | 0 | 0 |
| CLENE INC | *W EXP 12/30/202 | 185634110 |  | 114 | 4261 | SH |  | DFND | 1 | 4261 | 0 | 0 |
| AUSTRALIAN OILSEEDS HLDGS LT | *W EXP 11/16/202 | G07041117 |  | 58 | 2937 | SH |  | DFND | 1 | 2937 | 0 | 0 |
| CARBON REVOLUTION LTD | *W EXP 99/99/999 | G1893D110 |  | 99 | 4224 | SH |  | DFND | 1 | 4224 | 0 | 0 |
| EON RESOURCES INC | *W EXP 02/04/202 | 40472A128 |  | 6860 | 137209 | SH |  | DFND | 1 | 137209 | 0 | 0 |
| ESGL HLDGS LTD | *W EXP 10/19/202 | G3R95P116 |  | 150 | 1363 | SH |  | DFND | 1 | 1363 | 0 | 0 |
| GCM GROSVENOR INC | *W EXP 11/17/202 | 36831E116 |  | 229491 | 431699 | SH |  | DFND | 1 | 431699 | 0 | 0 |
| GOGORO INC | *W EXP 04/04/202 | G9491K113 |  | 1636 | 74067 | SH |  | DFND | 1 | 74067 | 0 | 0 |
| NEW HORIZON AIRCRAFT LTD | *W EXP 02/14/202 | 64550A115 |  | 3886 | 10015 | SH |  | DFND | 1 | 10015 | 0 | 0 |
| HYLIION HOLDINGS CORP | COMMON STOCK | 449109107 |  | 124 | 63 | SH |  | DFND | 1 | 63 | 0 | 0 |
| SEASTAR MEDICAL HOLDING CORP | *W EXP 10/28/202 | 81256L112 |  | 332 | 12281 | SH |  | DFND | 1 | 12281 | 0 | 0 |
| JEFFS BRANDS LTD | *W EXP 99/99/999 | M61472110 |  | 560 | 18740 | SH |  | DFND | 1 | 18740 | 0 | 0 |
| MSP RECOVERY INC | *W EXP 05/20/202 | 553745126 |  | 2 | 1334 | SH |  | DFND | 1 | 1334 | 0 | 0 |
| PLAYSTUDIOS INC | *W EXP 99/99/999 | 72815G116 |  | 1250 | 59571 | SH |  | DFND | 1 | 59571 | 0 | 0 |
| NEXTDECADE CORP | COM | 65342K105 |  | 10510 | 1548 | SH |  | DFND | 1 | 1548 | 0 | 0 |
| NEWGENIVF GROUP LIMITED | *W EXP 04/03/202 | G0544E113 |  | 177 | 10761 | SH |  | DFND | 1 | 10761 | 0 | 0 |
| ORIGIN MATERIALS INC | *W EXP 06/25/202 | 68622D114 |  | 51 | 3561 | SH |  | DFND | 1 | 3561 | 0 | 0 |
| OUSTER INC | *W EXP 09/29/202 | 68989M129 |  | 17 | 9567 | SH |  | DFND | 1 | 9567 | 0 | 0 |
| PERFECT CORP | *W EXP 99/99/999 | G7006A117 |  | 776 | 55075 | SH |  | DFND | 1 | 55075 | 0 | 0 |
| PRENETICS GLOBAL LTD | SHS NEW | G72245122 |  | 13 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| PRENETICS GLOBAL LTD | *W EXP 05/18/202 | G72245114 |  | 166 | 4793 | SH |  | DFND | 1 | 4793 | 0 | 0 |
| PAYSAFE LIMITED | *W EXP 03/30/202 | G6964L115 |  | 547 | 29768 | SH |  | DFND | 1 | 29768 | 0 | 0 |
| VICARIOUS SURGICAL INC | *W EXP 09/17/202 | 92561V117 |  | 283 | 14193 | SH |  | DFND | 1 | 14193 | 0 | 0 |
| REVELATION BIOSCIENCES INC | *W EXP 01/10/202 | 76135L119 |  | 684 | 54752 | SH |  | DFND | 1 | 54752 | 0 | 0 |
| RESOLUTE HLDGS MGMT INC | COM | 76134H101 |  | 44372 | 615 | SH |  | DFND | 1 | 615 | 0 | 0 |
| ROYALTY MGMT HLDG CORP | *W EXP 05/28/202 | 02369M110 |  | 1778 | 35221 | SH |  | DFND | 1 | 35221 | 0 | 0 |
| REVOLUTION MEDICINES INC | *W EXP 12/17/202 | 76155X118 |  | 21097 | 70349 | SH |  | DFND | 1 | 70349 | 0 | 0 |
| SAIHEAT LTD | *W EXP 04/29/202 | G7852T111 |  | 5502 | 20586 | SH |  | DFND | 1 | 20586 | 0 | 0 |
| STARDUST PWR INC | COM | 854936200 |  | 83 | 27 | SH |  | DFND | 1 | 27 | 0 | 0 |
| SHF HOLDINGS INC | *W EXP 09/28/202 | 824430110 |  | 278 | 8250 | SH |  | DFND | 1 | 8250 | 0 | 0 |
| SONDER HOLDINGS INC | *W EXP 01/18/202 | 83542D110 |  | 274 | 25443 | SH |  | DFND | 1 | 25443 | 0 | 0 |
| SURROZEN INC | COM NEW | 86889P208 |  | 3620 | 281 | SH |  | DFND | 1 | 281 | 0 | 0 |
| UNITED HOMES GROUP INC | CL A | 91060H108 |  | 81848 | 19818 | SH |  | DFND | 1 | 19818 | 0 | 0 |
| UCOMMUNE INTERNATIONAL LTD | *W EXP 11/01/202 | G9449A118 |  | 13 | 1965 | SH |  | DFND | 1 | 1965 | 0 | 0 |
| VSEE HEALTH INC | *W EXP 99/99/999 | 92919Y110 |  | 1028 | 60831 | SH |  | DFND | 1 | 60831 | 0 | 0 |
| XBP GLOBAL HOLDINGS INC | *W EXP 11/30/202 | 98400V119 |  | 1825 | 45529 | SH |  | DFND | 1 | 45529 | 0 | 0 |
| TRANSMEDICS GROUP INC | NOTE  1.500% 6/0 | 89377MAB5 |  | 88306590 | 62107000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 1934139 | 381487 | SH |  | DFND | 1 | 381487 | 0 | 0 |
| ADAMS DIVERSIFIED EQUITY FD | COM | 006212104 |  | 287290 | 12883 | SH |  | DFND | 1 | 12883 | 0 | 0 |
| BLACKROCK HEALTH SCIENCES TE | COM SHS | 09260E105 |  | 3237549 | 224518 | SH |  | DFND | 1 | 224518 | 0 | 0 |
| BLACKROCK SCIENCE  TECHNOLO | SHS | 09258G104 |  | 49632 | 1200 | SH |  | DFND | 1 | 1200 | 0 | 0 |
| ABRDN HEALTHCARE OPPORTUNITI | SHS | 879105104 |  | 1196519 | 69203 | SH |  | DFND | 1 | 69203 | 0 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 1573779 | 140016 | SH |  | DFND | 1 | 140016 | 0 | 0 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 |  | 232721 | 8975 | SH |  | DFND | 1 | 8975 | 0 | 0 |
| ACADIA HEALTHCARE COMPANY IN | COM | 00404A109 |  | 1227724 | 49585 | SH |  | DFND | 1 | 49585 | 0 | 0 |
| ADTRAN HOLDINGS INC | COM | 00486H105 |  | 2442552 | 260400 | SH |  | DFND | 1 | 260400 | 0 | 0 |
| ADAPTHEALTH CORP | COMMON STOCK | 00653Q102 |  | 617371 | 68980 | SH |  | DFND | 1 | 68980 | 0 | 0 |
| AMN HEALTHCARE SVCS INC | COM | 001744101 |  | 1073299 | 55439 | SH |  | DFND | 1 | 55439 | 0 | 0 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 151597 | 3953 | SH |  | DFND | 1 | 3953 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 316648 | 1988 | SH |  | DFND | 1 | 1988 | 0 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 3223028 | 208206 | SH |  | DFND | 1 | 208206 | 0 | 0 |
| CLARITEV CORPORATION | CL A NEW | 62548M209 |  | 38164 | 719 | SH |  | DFND | 1 | 719 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 1097828 | 19345 | SH |  | DFND | 1 | 19345 | 0 | 0 |
| DEXCOM INC | NOTE  0.375% 5/1 | 252131AM9 |  | 19315200 | 21187000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 101870 | 802 | SH |  | DFND | 1 | 802 | 0 | 0 |
| EVOLENT HEALTH INC | CL A | 30050B101 |  | 4120 | 487 | SH |  | DFND | 1 | 487 | 0 | 0 |
| FORWARD AIR CORP | COM | 34986A104 |  | 168326 | 6565 | SH |  | DFND | 1 | 6565 | 0 | 0 |
| FRONTIER COMMUNICATIONS PARE | COM | 35909D109 |  | 3923131 | 105037 | SH |  | DFND | 1 | 105037 | 0 | 0 |
| HAEMONETICS CORP MASS | NOTE  2.500% 6/0 | 405024AD2 |  | 52055201 | 56340000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| HAEMONETICS CORP MASS | COM | 405024100 |  | 131598 | 2700 | SH |  | DFND | 1 | 2700 | 0 | 0 |
| GARTNER INC | COM | 366651107 |  | 258138 | 982 | SH |  | DFND | 1 | 982 | 0 | 0 |
| ITRON INC | COM | 465741106 |  | 133528 | 1072 | SH |  | DFND | 1 | 1072 | 0 | 0 |
| LUMENTUM HLDGS INC | NOTE  1.500%12/1 | 55024UAH2 |  | 10270404 | 4250000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LIVANOVA PLC | SHS | G5509L101 |  | 421239 | 8042 | SH |  | DFND | 1 | 8042 | 0 | 0 |
| LANTHEUS HLDGS INC | NOTE  2.625%12/1 | 516544AB9 |  | 82531199 | 78457000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LYFT INC | NOTE  0.625% 3/0 | 55087PAD6 |  | 73984784 | 57199000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 750896 | 3924 | SH |  | DFND | 1 | 3924 | 0 | 0 |
| NEOGEN CORP | COM | 640491106 |  | 846775 | 148297 | SH |  | DFND | 1 | 148297 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 39013 | 344 | SH |  | DFND | 1 | 344 | 0 | 0 |
| NOVOCURE LTD | ORD SHS | G6674U108 |  | 1317 | 102 | SH |  | DFND | 1 | 102 | 0 | 0 |
| PAR TECHNOLOGY CORP | NOTE  1.500%10/1 | 698884AE3 |  | 12531384 | 12923000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PROS HOLDINGS INC | DEBT  2.500% 7/0 | 74346YAK9 |  | 24099916 | 18669000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SURGERY PARTNERS INC | COM | 86881A100 |  | 1439687 | 66529 | SH |  | DFND | 1 | 66529 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 2118191 | 274733 | SH |  | DFND | 1 | 274733 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 13686522 | 57979 | SH |  | DFND | 1 | 57979 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 395521 | 1948 | SH |  | DFND | 1 | 1948 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 29529 | 306 | SH |  | DFND | 1 | 306 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 604982 | 5039 | SH |  | DFND | 1 | 5039 | 0 | 0 |
| XPO INC | COM | 983793100 |  | 337911 | 2614 | SH |  | DFND | 1 | 2614 | 0 | 0 |
| ZTO EXPRESS CAYMAN INC | NOTE  1.500% 9/0 | 98980AAB1 |  | 9110579 | 10050000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 710200 | 20000 | SH |  | DFND | 1 | 20000 | 0 | 0 |
| CROSS CTRY HEALTHCARE INC | COM | 227483104 |  | 1009549 | 71095 | SH |  | DFND | 1 | 71095 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 635014 | 2203 | SH |  | DFND | 1 | 2203 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 912306 | 4787 | SH |  | DFND | 1 | 4787 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 2418300 | 8050 | SH |  | DFND | 1 | 8050 | 0 | 0 |
| SURMODICS INC | COM | 868873100 |  | 218645 | 7315 | SH |  | DFND | 1 | 7315 | 0 | 0 |
| STAAR SURGICAL CO | COM PAR $0.01 | 852312305 |  | 199402 | 7421 | SH |  | DFND | 1 | 7421 | 0 | 0 |
| ORCHID IS CAP INC | COM NEW | 68571X301 |  | 1778338 | 253686 | SH |  | DFND | 1 | 253686 | 0 | 0 |
| BARK INC | *W EXP 05/01/202 | 68622E112 |  | 36 | 1820 | SH |  | DFND | 1 | 1820 | 0 | 0 |
| BAIRD MED INVT HLDGS LTD | SHS | G0705H103 |  | 434 | 205 | SH |  | DFND | 1 | 205 | 0 | 0 |
| CEA INDUSTRIES INC | COM | 86887P309 |  | 9188 | 1178 | SH |  | DFND | 1 | 1178 | 0 | 0 |
| BOREALIS FOODS INC | CL A | 09973D105 |  | 654 | 243 | SH |  | DFND | 1 | 243 | 0 | 0 |
| FOXX DEV HLDGS INC | COM | 351665104 |  | 782 | 172 | SH |  | DFND | 1 | 172 | 0 | 0 |
| INNOVIZ TECHNOLOGIES LTD | *W EXP 04/05/202 | M5R635116 |  | 16 | 200 | SH |  | DFND | 1 | 200 | 0 | 0 |
| QUANTUMSCAPE CORP | COM CL A | 74767V109 |  | 24 | 2 | SH |  | DFND | 1 | 2 | 0 | 0 |
| SBC MED GROUP HLDGS INC | *W EXP 09/17/202 | 73245B115 |  | 14227 | 68206 | SH |  | DFND | 1 | 68206 | 0 | 0 |
| TRISALUS LIFE SCIENCES INC | COM | 89680M101 |  | 3813 | 820 | SH |  | DFND | 1 | 820 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2840581 | 3868 | SH |  | DFND | 1 | 3868 | 0 | 0 |
| BROOKDALE SR LIVING INC | COM | 112463104 |  | 21175 | 2500 | SH |  | DFND | 1 | 2500 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 1059895 | 59080 | SH |  | DFND | 1 | 59080 | 0 | 0 |
| ENPHASE ENERGY INC | NOTE         3/0 | 29355AAH0 |  | 80997001 | 82793000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 |  | 471672 | 2052 | SH |  | DFND | 1 | 2052 | 0 | 0 |
| INNOVIVA INC | NOTE  2.125% 3/1 | 45781MAD3 |  | 42029669 | 42893000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LUMINAR TECHNOLOGIES INC | DEBT 11.500% 1/1 | 550424AE5 |  | 12782274 | 34467000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LUMINAR TECHNOLOGIES INC | DEBT  9.000% 1/1 | 550424AD7 |  | 4859180 | 14771000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MIRUM PHARMACEUTICALS INC | COM | 604749101 |  | 782217 | 10670 | SH |  | DFND | 1 | 10670 | 0 | 0 |
| ON SEMICONDUCTOR CORP | NOTE  0.500% 3/0 | 682189AU9 |  | 7239727 | 7816000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SEA LTD | NOTE  2.375%12/0 | 81141RAF7 |  | 197946451 | 100135000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 1358064 | 3600 | SH |  | DFND | 1 | 3600 | 0 | 0 |
| ARMOUR RESIDENTIAL REIT INC | COM SHS | 042315705 |  | 12679936 | 848724 | SH |  | DFND | 1 | 848724 | 0 | 0 |

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