# EDGAR Filing Document

**Accession Number:** 0001279891
**File Stem:** 0001279891-25-000027
**Filing Date:** 2025-8
**Character Count:** 167299
**Document Hash:** b2f7503527bcbb5a25de8dfb2fd3f6c3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001279891-25-000027.hdr.sgml**: 20250804

**ACCESSION NUMBER**: 0001279891-25-000027

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250804

**DATE AS OF CHANGE**: 20250804

**EFFECTIVENESS DATE**: 20250804

**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:** 251179494

**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:** 06-30-2025

**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

**CRD Number (if applicable):** 000138907

**SEC File Number (if applicable):** 801-72458

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:** 3128843505

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

Kenneth Nadel  Chicago, IL  08-04-2025<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:** 1599

**Form 13F Information Table Value Total:** $10806402349

      (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 |
| CLEANSPARK INC | COM NEW | 18452B209 |  | 1103000 | 100000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 543473 | 11900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 53909 | 3700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 2711000 | 100000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 2248 | 100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MICROSTRATEGY INC | CL A NEW | 594972408 |  | 2425380 | 6000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 |  | 6972 | 2100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 418100 | 37000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VIRGIN GALACTIC HOLDINGS INC | COM NEW | 92766K403 |  | 273 | 100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 359814 | 7800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UNISYS CORP | COM NEW | 909214306 |  | 2265 | 500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 1939311 | 17100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 587490 | 3000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 45216279 | 206100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1273950 | 1800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 6937817 | 8900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 10846220 | 77000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 34818700 | 70000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 48297543 | 305700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 26366778 | 120600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 27382292 | 86200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AIRSHIP AI HLDGS INC | COM | 008940108 |  | 5890 | 1000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 1303536 | 20800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CYBIN INC | COM NEW | 23256X407 |  | 50340 | 6000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AMC NETWORKS INC | CL A | 00164V103 |  | 30096 | 4800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 191360 | 8000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| B  G FOODS INC NEW | COM | 05508R106 |  | 81639 | 19300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 9880 | 1300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COMPASS DIVERSIFIED | SH BEN INT | 20451Q104 |  | 382452 | 60900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COOPER STD HLDGS INC | COM | 21676P103 |  | 453650 | 21100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 1286700 | 30000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| GRAFTECH INTL LTD | COM | 384313508 |  | 19452 | 20000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SHIFT4 PMTS INC | CL A | 82452J109 |  | 247775 | 2500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| FIVE POINT HOLDINGS LLC | COM CL A | 33833Q106 |  | 1650 | 300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| GRAY MEDIA INC | COM | 389375106 |  | 74292 | 16400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| HOWARD HUGHES HOLDINGS INC | COM | 44267T102 |  | 33750 | 500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| HERBALIFE LTD | COM SHS | G4412G101 |  | 1369718 | 158900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MERCER INTL INC | COM | 588056101 |  | 20300 | 5800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 1293 | 300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 20910 | 1500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| READY CAPITAL CORP | COM | 75574U101 |  | 1311 | 300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 12427338 | 77700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 1216512 | 800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TEADS HLDG CO | COM | 69002R103 |  | 106888 | 43100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UNITI GROUP INC | COM | 91325V108 |  | 2160 | 500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 140505 | 1500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 714510 | 10200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 2867046 | 41300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 6390665 | 30500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 45301536 | 220800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 8687016 | 46800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 5644415 | 41500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 2869344 | 9600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 16945344 | 43800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 1927962 | 8100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 3606479 | 19700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 32253870 | 227300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 1368129 | 4900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 2873260 | 13000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 6315804 | 19800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 9085440 | 192000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 439755 | 9500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 6250181 | 16100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 603161 | 16900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 4863908 | 54200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1484910 | 1500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 12216512 | 44800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 11773786 | 169700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 4235372 | 61400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 7947045 | 55500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 1881413 | 3700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 454342 | 2300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 12326594 | 99400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 3068000 | 26000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 1205727 | 32800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 14336623 | 55700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 30865860 | 174000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 23138999 | 131300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 5499600 | 15000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 9831360 | 438900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 11194246 | 20600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 5285150 | 34600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 21134439 | 72900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 2228625 | 31500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SPDR SERIES TRUST | S REGL BKG | 78464A698 |  | 4976882 | 83800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 4222620 | 9000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 1553090 | 7000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 2034406 | 20900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 5169848 | 9200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 2454228 | 8400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 2571515 | 29500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 25833150 | 35000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 8295968 | 104800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 5534100 | 71500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 20471825 | 166100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 3749564 | 2800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 1676544 | 23600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 9972376 | 9700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 204640 | 1000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 952406 | 9100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 4132852 | 31300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 5143728 | 212200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 6611780 | 41500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 1566288 | 14900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 2276625 | 12500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 10887880 | 146500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 17566378 | 110300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 6629308 | 45400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 5653571 | 61700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 1751808 | 19200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 1819898 | 4600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 1056310 | 36500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 3186395 | 32300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 2270576 | 5600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 9010708 | 43400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 9515085 | 30500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 2116736 | 9200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 1342502 | 13300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 5219235 | 14700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 3755836 | 86800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 14365516 | 179300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 2004490 | 20500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 15609440 | 144800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 1655 | 200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COMMUNITY HEALTH SYS INC NEW | COM | 203668108 |  | 680000 | 200000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 331702 | 3800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ENOVIS CORPORATION | COM | 194014502 |  | 404544 | 12900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| JETBLUE AWYS CORP | COM | 477143101 |  | 270297 | 63900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 104566 | 1100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 157600 | 10000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 3719859 | 75900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 597872 | 68800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 28866 | 200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 1175580 | 12600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VAREX IMAGING CORP | COM | 92214X106 |  | 5202 | 600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VIASAT INC | COM | 92552V100 |  | 566480 | 38800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 46447025 | 168500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 20164928 | 236900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 9816174 | 33300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AFFIRM HLDGS INC | COM CL A | 00827B106 |  | 1832209 | 26500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ANTERO MIDSTREAM CORP | COM | 03676B102 |  | 458590 | 24200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMPHASTAR PHARMACEUTICALS IN | COM | 03209R103 |  | 6888 | 300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| APOLLO COML REAL EST FIN INC | COM | 03762U105 |  | 105512 | 10900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 50535496 | 445600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BRIDGEBIO PHARMA INC | COM | 10806X102 |  | 1506982 | 34900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BORR DRILLING LTD | SHS | G1466R173 |  | 107421 | 58700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BITDEER TECHNOLOGIES GROUP | CL A ORD SHS | G11448100 |  | 29427832 | 2563400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 4433968 | 330400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BEYOND MEAT INC | COM | 08862E109 |  | 5926020 | 1698000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CONFLUENT INC | CLASS A COM | 20717M103 |  | 1171710 | 47000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 1268735 | 13100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CIPHER MINING INC | COM | 17253J106 |  | 4736024 | 990800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CIVITAS RESOURCES INC | COM NEW | 17888H103 |  | 2193344 | 79700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CLEANSPARK INC | COM NEW | 18452B209 |  | 60548082 | 5489400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CNX RES CORP | COM | 12653C108 |  | 855472 | 25400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COLLEGIUM PHARMACEUTICAL INC | COM | 19459J104 |  | 5914 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 2552953 | 55900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CERENCE INC | COM | 156727109 |  | 298132 | 29200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CVR ENERGY INC | COM | 12662P108 |  | 8967900 | 334000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CYTOKINETICS INC | COM NEW | 23282W605 |  | 165200 | 5000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DIGITALOCEAN HLDGS INC | COM | 25402D102 |  | 799680 | 28000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DYNAVAX TECHNOLOGIES CORP | COM NEW | 268158201 |  | 51584 | 5200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 8544575 | 215500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 1248790 | 23500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 1096776 | 600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FIVE9 INC | COM | 338307101 |  | 473992 | 17900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FASTLY INC | CL A | 31188V100 |  | 3597070 | 509500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FUBOTV INC | COM | 35953D104 |  | 5826284 | 1509400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 1448423 | 7200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 2876706 | 55300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IMMUNOCORE HLDGS PLC | ADS | 45258D105 |  | 125520 | 4000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INDIE SEMICONDUCTOR INC | CLASS A COM | 45569U101 |  | 6596324 | 1852900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IONIS PHARMACEUTICALS INC | COM | 462222100 |  | 1382850 | 35000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 64418341 | 4421300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 445704 | 4200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LUMINAR TECHNOLOGIES INC | COM NEW CL A | 550424303 |  | 7333998 | 2555400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LUCID GROUP INC | COM | 549498103 |  | 34943288 | 16560800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CENTRUS ENERGY CORP | CL A | 15643U104 |  | 128226 | 700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 2719133 | 100300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MARA HOLDINGS INC | COM | 565788106 |  | 126672448 | 8078600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 753080 | 33500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MICROSTRATEGY INC | CL A NEW | 594972408 |  | 574329984 | 1420800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 1598620 | 33500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 |  | 818184 | 29200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NOBLE CORP PLC | ORD SHS A | G65431127 |  | 1181475 | 44500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 |  | 372504 | 112200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 75639732 | 22052400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NORTHERN OIL  GAS INC | COM | 665531307 |  | 2449440 | 86400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NOVAVAX INC | COM NEW | 670002401 |  | 630 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 145200 | 15000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 13600395 | 259500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PBF ENERGY INC | CL A | 69318G106 |  | 4334000 | 200000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 32062 | 2300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PACIRA BIOSCIENCES INC | COM | 695127100 |  | 602280 | 25200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PRECISION DRILLING CORP | COM NEW | 74022D407 |  | 472400 | 10000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 |  | 3263400 | 1260000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 21740070 | 1923900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 185349852 | 13489800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RAPID7 INC | COM | 753422104 |  | 457974 | 19800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RYAN SPECIALTY HOLDINGS INC | CL A | 78351F107 |  | 1217020 | 17900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ECHOSTAR CORP | CL A | 278768106 |  | 116340 | 4200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SEADRILL LTD | COM | G7997W102 |  | 133875 | 5100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 13916879 | 682200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SM ENERGY CO | COM | 78454L100 |  | 1040291 | 42100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 68618901 | 1400100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SEMTECH CORP | COM | 816850101 |  | 4514 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VIRGIN GALACTIC HOLDINGS INC | COM NEW | 92766K403 |  | 15628431 | 5724700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SAREPTA THERAPEUTICS INC | COM | 803607100 |  | 1089270 | 63700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SILVERCORP METALS INC | COM | 82835P103 |  | 442256 | 104800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 650433 | 14100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADS | 881624209 |  | 4360952 | 260200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 19360 | 800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNISYS CORP | COM NEW | 909214306 |  | 4060239 | 896300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VALARIS LTD | CL A | G9460G101 |  | 11298113 | 268300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BRISTOW GROUP INC | COM | 11040G103 |  | 32970 | 1000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 52878760 | 1034000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WEATHERFORD INTL PLC | ORD SHS | G48833118 |  | 397449 | 7900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TERAWULF INC | COM | 88080T104 |  | 18242262 | 4164900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ZIFF DAVIS INC | COM | 48123V102 |  | 1213827 | 40100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 19004371 | 90700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 75665 | 3700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ATS CORPORATION | COM | 00217Y104 |  | 63807 | 2000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 14121864 | 502200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 11056239 | 647700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 18089435 | 755300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BLACKBERRY LTD | COM | 09228F103 |  | 8156064 | 1780800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BILL HOLDINGS INC | COM | 090043100 |  | 83268 | 1800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 169532013 | 483700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 9650784 | 192400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GAMESTOP CORP NEW | CL A | 36467W109 |  | 39189852 | 1606800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 117498 | 600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ROCKET LAB CORP | COM | 773121108 |  | 127441356 | 3562800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 59454690 | 271000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 6511300 | 9200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 24399289 | 31300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 22650288 | 160800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 56804222 | 114200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 89517134 | 566600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 26432367 | 120900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 61022486 | 192100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WEBULL CORP | ORD SHS | G9572D103 |  | 5980 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CXAPP INC | COM CL A | 23248B109 |  | 1070 | 1000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CYBIN INC | COM NEW | 23256X407 |  | 4195 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LIVEWIRE GROUP INC | COM | 53838J105 |  | 459 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ARBOR REALTY TRUST INC | COM | 038923108 |  | 10700 | 1000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FIRST MAJESTIC SILVER CORP | COM | 32076V103 |  | 32802128 | 3966400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 389459 | 4100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMC NETWORKS INC | CL A | 00164V103 |  | 795663 | 126900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ARRAY TECHNOLOGIES INC | COM SHS | 04271T100 |  | 129800 | 22000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 573568 | 12800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALGOMA STL GROUP INC | COM | 015658107 |  | 727583 | 105600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| A10 NETWORKS INC | COM | 002121101 |  | 121905 | 6300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ADTALEM GLOBAL ED INC | COM | 00737L103 |  | 292629 | 2300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 2152644 | 2600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 33265544 | 1390700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| B  G FOODS INC NEW | COM | 05508R106 |  | 150165 | 35500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| B2GOLD CORP | COM | 11777Q209 |  | 722 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BLUELINX HLDGS INC | COM NEW | 09624H208 |  | 7438 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BOYD GAMING CORP | COM | 103304101 |  | 15646 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CARDLYTICS INC | COM | 14161W105 |  | 411579 | 250200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CHURCHILL DOWNS INC | COM | 171484108 |  | 9685900 | 95900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 380000 | 50000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CINEMARK HLDGS INC | COM | 17243V102 |  | 597564 | 19800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COMPASS DIVERSIFIED | SH BEN INT | 20451Q104 |  | 109900 | 17500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MR COOPER GROUP INC | COM | 62482R107 |  | 522235 | 3500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 27638 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CAPITAL SOUTHWEST CORP | COM | 140501107 |  | 564224 | 25600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRUMP MEDIA  TECHNOLOGY GRO | COM | 25400Q105 |  | 1482888 | 82200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 10263577 | 239300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DELUXE CORP | COM | 248019101 |  | 517075 | 32500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GRAFTECH INTL LTD | COM | 384313508 |  | 97 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENERGIZER HLDGS INC NEW | COM | 29272W109 |  | 5177088 | 256800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENOVA INTL INC | COM | 29357K103 |  | 122672 | 1100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENOVIX CORPORATION | COM | 293594107 |  | 15928770 | 1540500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FIRSTCASH HOLDINGS INC | COM | 33768G107 |  | 4459620 | 33000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FLUENCE ENERGY INC | COM CL A | 34379V103 |  | 8116416 | 1209600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 4314976 | 15100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SHIFT4 PMTS INC | CL A | 82452J109 |  | 1080299 | 10900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FORTUNA MNG CORP | COM NEW | 349942102 |  | 3319050 | 507500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 736256 | 6400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORP | COM | 83001C108 |  | 146064 | 4800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GFL ENVIRONMENTAL INC | SUB VTG SHS | 36168Q104 |  | 90828 | 1800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GREEN PLAINS INC | COM | 393222104 |  | 1442376 | 239200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 |  | 1305788 | 259600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GATES INDL CORP PLC | ORD SHS | G39108108 |  | 241815 | 10500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GRAY MEDIA INC | COM | 389375106 |  | 192072 | 42400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HOWARD HUGHES HOLDINGS INC | COM | 44267T102 |  | 54000 | 800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HERBALIFE LTD | COM SHS | G4412G101 |  | 9963858 | 1155900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ANYWHERE REAL ESTATE INC | COM | 75605Y106 |  | 362 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INNOVATIVE INDL PPTYS INC | COM | 45781V101 |  | 44176 | 800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 2943758 | 28700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MERCER INTL INC | COM | 588056101 |  | 833350 | 238100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 921652 | 26800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 26922084 | 809200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 53012 | 12300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 1782353 | 57700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MCEWEN INC. | COM NEW | 58039P305 |  | 3282775 | 341600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 1394316 | 25200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 9087468 | 448100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 9859612 | 61400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| OUTFRONT MEDIA INC | COM NEW | 69007J304 |  | 3264 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 2700228 | 25800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PENNYMAC FINL SVCS INC NEW | COM | 70932M107 |  | 2221972 | 22300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PHINIA INC | COMMON STOCK | 71880K101 |  | 551676 | 12400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PENNYMAC MTG INVT TR | COM | 70931T103 |  | 808894 | 62900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| POST HLDGS INC | COM | 737446104 |  | 2027958 | 18600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 1140370 | 38500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 1756685 | 26500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| READY CAPITAL CORP | COM | 75574U101 |  | 9614 | 2200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RYMAN HOSPITALITY PPTYS INC | COM | 78377T107 |  | 661089 | 6700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 204348 | 18100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| REPAY HLDGS CORP | COM CL A | 76029L100 |  | 42416 | 8800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 2033500 | 50000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RAYONIER ADVANCED MATLS INC | COM | 75508B104 |  | 85855 | 22300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SINCLAIR INC | CL A | 829242106 |  | 15202 | 1100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 54779450 | 342500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 2297000 | 100000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 156639 | 700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SPIRIT AEROSYSTEMS HLDGS INC | COM CL A | 848574109 |  | 40446630 | 1060200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 505080 | 6100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SSR MINING IN | COM | 784730103 |  | 2242240 | 176000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| STEM INC | COM NEW | 85859N300 |  | 183162 | 29400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 421470 | 21000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SERVICE PPTYS TR | COM SH BEN INT | 81761L102 |  | 7648 | 3200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRIP COM GROUP LTD | ADS | 89677Q107 |  | 11728 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 2585088 | 1700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TEADS HLDG CO | COM | 69002R103 |  | 560232 | 225900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRIUMPH GROUP INC NEW | COM | 896818101 |  | 133900 | 5200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 130728 | 7800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRINET GROUP INC | COM | 896288107 |  | 2274654 | 31100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 109260 | 3000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITI GROUP INC | COM | 91325V108 |  | 684288 | 158400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UPSTART HLDGS INC | COM | 91680M107 |  | 291060 | 4500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| US FOODS HLDG CORP | COM | 912008109 |  | 462060 | 6000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VIRTU FINL INC | CL A | 928254101 |  | 443421 | 9900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VERRA MOBILITY CORP | CL A COM STK | 92511U102 |  | 50780 | 2000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 16163754 | 83400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WINNEBAGO INDS INC | COM | 974637100 |  | 150800 | 5200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 17047940 | 182000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 59272 | 400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 868619 | 12400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HERC HLDGS INC | COM | 42704L104 |  | 750633 | 5700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 4408170 | 63500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 67849719 | 330700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 14199930 | 76500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 14729883 | 108300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 10491039 | 35100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 21897408 | 56600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 4403370 | 18500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 9922394 | 54200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 55355190 | 390100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 4076466 | 14600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 2740648 | 12400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 10015972 | 31400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 17129840 | 362000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 2894619 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1120218 | 24200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 11025164 | 28400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 6645478 | 186200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 10284204 | 114600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 2969820 | 3000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 24678445 | 90500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 21167838 | 305100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 6870408 | 99600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 13789197 | 96300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 203396 | 400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 118524 | 600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 16604939 | 133900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 4802600 | 40700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 73520 | 2000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 16447221 | 63900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 40178835 | 226500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 40850114 | 231800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 13968984 | 38100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 116440 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 15252160 | 680900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 22877561 | 42100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 15030600 | 98400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 28150261 | 97100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 3367700 | 47600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SPDR SERIES TRUST | S REGL BKG | 78464A698 |  | 4163239 | 70100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 7600716 | 16200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 10161646 | 45800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 2530840 | 26000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 8822458 | 15700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 3418389 | 11700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1412154 | 16200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 55578177 | 75300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 10148312 | 128200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 7732260 | 99900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 14457225 | 117300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 24907818 | 18600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 1783104 | 25100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 8327448 | 8100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 286496 | 1400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 5004316 | 37900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 5977584 | 246600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 10594780 | 66500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 3332304 | 31700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 13632 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 4480398 | 24600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 4399743 | 59200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 20656022 | 129700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 4745650 | 32500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 18912432 | 206400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 9954284 | 109100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 1147327 | 2900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 3212340 | 111000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 3728970 | 37800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 37047 | 300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 7055004 | 17400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 31662050 | 152500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 11293314 | 36200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 2185760 | 9500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 1413160 | 14000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 7491555 | 21100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 11155006 | 257800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 31607340 | 394500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 5201896 | 53200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 28189700 | 261500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 17935170 | 1598500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 |  | 6430207 | 250300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALIGNMENT HEALTHCARE INC | COM | 01625V104 |  | 2126600 | 151900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AST SPACEMOBILE INC | COM CL A | 00217D100 |  | 57267615 | 1225500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BAUSCH PLUS LOMB CORP | COMMON SHARES | 071705107 |  | 186043 | 14300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 125346 | 2600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 25667 | 3100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CLARITEV CORPORATION | CL A NEW | 62548M209 |  | 54156 | 1200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 4185218 | 85100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 8048425 | 56500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 1318079 | 15100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 1091407 | 8900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENOVIS CORPORATION | COM | 194014502 |  | 288512 | 9200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| EVOLENT HEALTH INC | CL A | 30050B101 |  | 5630 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FRONTIER COMMUNICATIONS PARE | COM | 35909D109 |  | 411319 | 11300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GUARDANT HEALTH INC | COM | 40131M109 |  | 437136 | 8400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HAEMONETICS CORP MASS | COM | 405024100 |  | 208908 | 2800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HIMS  HERS HEALTH INC | COM CL A | 433000106 |  | 9027835 | 181100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IRHYTHM TECHNOLOGIES INC | COM | 450056106 |  | 46188 | 300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JETBLUE AWYS CORP | COM | 477143101 |  | 5711346 | 1350200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 23080568 | 242800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LIVANOVA PLC | SHS | G5509L101 |  | 103546 | 2300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 1148904 | 72900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 2889629 | 9700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 41425 | 300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NOVOCURE LTD | ORD SHS | G6674U108 |  | 1780 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PAGERDUTY INC | COM | 69553P100 |  | 3056 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 1916498 | 6100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SABRE CORP | COM | 78573M104 |  | 2212 | 700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SEMLER SCIENTIFIC INC | COM | 81684M104 |  | 23244 | 600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 28066962 | 3229800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 492800 | 2800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRANSMEDICS GROUP INC | COM | 89377M109 |  | 1487511 | 11100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 16196741 | 203400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VAREX IMAGING CORP | COM | 92214X106 |  | 8670 | 1000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VIASAT INC | COM | 92552V100 |  | 1484820 | 101700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 1644543 | 25700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| XPO INC | COM | 983793100 |  | 1452335 | 11500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| XEROX HOLDINGS CORP | COM NEW | 98421M106 |  | 20026 | 3800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ZTO EXPRESS CAYMAN INC | SPONSORED ADS A | 98980A105 |  | 1065000 | 60000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JUNIPER NETWORKS INC | COM | 48203R104 |  | 15972 | 400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 81344315 | 295100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 25297664 | 297200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 15358038 | 52100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BANCROFT FD LTD | COM | 059695106 |  | 239066 | 12649 | SH |  | DFND | 1 | 12649 | 0 | 0 |
| SPROTT PHYSICAL GOLD  SILVE | TR UNIT | 85208R101 |  | 1289062 | 42826 | SH |  | DFND | 1 | 42826 | 0 | 0 |
| CALAMOS CONV OPPORTUNITIES | SH BEN INT | 128117108 |  | 2133193 | 202775 | SH |  | DFND | 1 | 202775 | 0 | 0 |
| CALAMOS CONV  HIGH INCOME F | COM SHS | 12811P108 |  | 1470462 | 133800 | SH |  | DFND | 1 | 133800 | 0 | 0 |
| CLOUGH GLOBAL DIVID  INCOME | COM | 18913Y103 |  | 116819 | 20585 | SH |  | DFND | 1 | 20585 | 0 | 0 |
| ABRDN AUSTRALIA EQUITY FD IN | COM | 003011103 |  | 832202 | 186175 | SH |  | DFND | 1 | 186175 | 0 | 0 |
| ISHARES TR | GLB INFRASTR ETF | 464288372 |  | 612720 | 10350 | SH |  | DFND | 1 | 10350 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1188824 | 2800 | SH |  | DFND | 1 | 2800 | 0 | 0 |
| SPDR SERIES TRUST | S REGL BKG | 78464A698 |  | 1824163 | 30715 | SH |  | DFND | 1 | 30715 | 0 | 0 |
| COHEN  STEERS QUALITY INCOM | COM | 19247L106 |  | 824800 | 66249 | SH |  | DFND | 1 | 66249 | 0 | 0 |
| LIBERTY ALL STAR EQUITY FD | SH BEN INT | 530158104 |  | 1295929 | 190298 | SH |  | DFND | 1 | 190298 | 0 | 0 |
| BLACKSTONE STRATEGIC CRED 20 | COM SHS BEN IN | 09257R101 |  | 76974 | 6351 | SH |  | DFND | 1 | 6351 | 0 | 0 |
| BLACKROCK MUNI INCOME TR II | COM | 09249N101 |  | 197858 | 19707 | SH |  | DFND | 1 | 19707 | 0 | 0 |
| EATON VANCE NATL MUN OPPORT | COM SHS | 27829L105 |  | 73372 | 4518 | SH |  | DFND | 1 | 4518 | 0 | 0 |
| HANCOCK JOHN PFD INCOME FD I | COM | 41021P103 |  | 58851 | 4127 | SH |  | DFND | 1 | 4127 | 0 | 0 |
| WESTERN ASSET HIGH YIELD DEF | COM | 95768B107 |  | 7319 | 611 | SH |  | DFND | 1 | 611 | 0 | 0 |
| BLACKROCK MUNIYIELD N Y QUAL | COM | 09255E102 |  | 27427 | 2878 | SH |  | DFND | 1 | 2878 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | EMRNG MKT SVRG | 46138E784 |  | 308329 | 15092 | SH |  | DFND | 1 | 15092 | 0 | 0 |
| PIMCO NEW YORK MUN INCOME FD | COM | 72200T103 |  | 238757 | 34157 | SH |  | DFND | 1 | 34157 | 0 | 0 |
| INVESCO MUNICIPAL TRUST | COM | 46131J103 |  | 80401 | 8787 | SH |  | DFND | 1 | 8787 | 0 | 0 |
| ADVANCED ENERGY INDS | NOTE  2.500% 9/1 | 007973AE0 |  | 40746723 | 33905000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| FIRST MAJESTIC SILVER CORP | NOTE  0.375% 1/1 | 32076VAD5 |  | 36394783 | 37475000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | NOTE  1.125% 2/1 | 00971TAN1 |  | 4743982 | 5000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ALARM COM HLDGS INC | NOTE  2.250% 6/0 | 011642AD7 |  | 49078522 | 50444000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ANTERO MIDSTREAM CORP | COM | 03676B102 |  | 12791 | 675 | SH |  | DFND | 1 | 675 | 0 | 0 |
| AMPHASTAR PHARMACEUTICALS IN | NOTE  2.000% 3/1 | 03209RAB9 |  | 17084910 | 19645000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| APELLIS PHARMACEUTICALS INC | NOTE  3.500% 9/1 | 03753UAB2 |  | 2957431 | 2967000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ASCENDIS PHARMA A/S | NOTE  2.250% 4/0 | 04351PAD3 |  | 114939518 | 91650000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | NOTE  0.500% 6/0 | 01609WBG6 |  | 167504152 | 131242000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BRIDGEBIO PHARMA INC | NOTE  2.250% 2/0 | 10806XAD4 |  | 41638284 | 44500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BRIDGEBIO PHARMA INC | NOTE  2.500% 3/1 | 10806XAB8 |  | 112801903 | 90165000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 902150 | 135458 | SH |  | DFND | 1 | 135458 | 0 | 0 |
| BLACKLINE INC | NOTE  1.000% 6/0 | 09239BAF6 |  | 58441643 | 54850000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BENTLEY SYS INC | NOTE  0.375% 7/0 | 08265TAD1 |  | 7560586 | 8000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PEABODY ENGR CORP | NOTE  3.250% 3/0 | 704551AD2 |  | 42521775 | 41131000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BEYOND MEAT INC | NOTE         3/1 | 08862EAB5 |  | 10214313 | 117820000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CONFLUENT INC | CLASS A COM | 20717M103 |  | 439266 | 17620 | SH |  | DFND | 1 | 17620 | 0 | 0 |
| CIPHER MINING INC | NOTE  1.750% 5/1 | 17253JAA4 |  | 23953982 | 18500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CIVITAS RESOURCES INC | COM NEW | 17888H103 |  | 890409 | 32355 | SH |  | DFND | 1 | 32355 | 0 | 0 |
| CNX RES CORP | COM | 12653C108 |  | 280790 | 8337 | SH |  | DFND | 1 | 8337 | 0 | 0 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 601610 | 13173 | SH |  | DFND | 1 | 13173 | 0 | 0 |
| CERENCE INC | COM | 156727109 |  | 33100 | 3242 | SH |  | DFND | 1 | 3242 | 0 | 0 |
| CYTOKINETICS INC | NOTE  3.500% 7/0 | 23282WAC4 |  | 80051900 | 75201000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| DIGITALOCEAN HLDGS INC | COM | 25402D102 |  | 388530 | 13604 | SH |  | DFND | 1 | 13604 | 0 | 0 |
| DYNAVAX TECHNOLOGIES CORP | DEBT  2.000% 3/1 | 268158AE2 |  | 27466013 | 30275000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| EMERGENT BIOSOLUTIONS INC | COM | 29089Q105 |  | 1116072 | 174933 | SH |  | DFND | 1 | 174933 | 0 | 0 |
| ENCORE CAP GROUP INC | NOTE  3.250%10/0 | 292554AM4 |  | 23903909 | 22467000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ENPHASE ENERGY INC | NOTE         3/0 | 29355AAK3 |  | 20914455 | 25561000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 666159 | 16801 | SH |  | DFND | 1 | 16801 | 0 | 0 |
| ESPERION THERAPEUTICS INC NE | COM | 29664W105 |  | 87519 | 88906 | SH |  | DFND | 1 | 88906 | 0 | 0 |
| FARO TECHNOLOGIES INC | NOTE  5.500% 2/0 | 311642AB8 |  | 16427227 | 13521000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| FIVE9 INC | COM | 338307101 |  | 344187 | 12998 | SH |  | DFND | 1 | 12998 | 0 | 0 |
| FUBOTV INC | NOTE  3.250% 2/1 | 35953DAB0 |  | 1955809 | 2000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| GOSSAMER BIO INC | NOTE  5.000% 6/0 | 38341PAA0 |  | 11456686 | 21996000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 310204 | 1542 | SH |  | DFND | 1 | 1542 | 0 | 0 |
| GREEN PLAINS INC | COM | 393222104 |  | 1389613 | 230450 | SH |  | DFND | 1 | 230450 | 0 | 0 |
| GRIFOLS S A | SP ADR REP B NVT | 398438408 |  | 1488797 | 164690 | SH |  | DFND | 1 | 164690 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | NOTE  1.000% 8/1 | 40637HAF6 |  | 39273954 | 34409000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| IONIS PHARMACEUTICALS INC | NOTE  1.750% 6/1 | 462222AF7 |  | 42413332 | 40271000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| IRHYTHM TECHNOLOGIES INC | NOTE  1.500% 9/0 | 450056AB2 |  | 69761947 | 54450000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LUCID GROUP INC | COM | 549498103 |  | 1457986 | 690989 | SH |  | DFND | 1 | 690989 | 0 | 0 |
| LI AUTO INC | NOTE  0.250% 5/0 | 50202MAB8 |  | 106327334 | 89484000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 100530 | 4472 | SH |  | DFND | 1 | 4472 | 0 | 0 |
| MIRUM PHARMACEUTICALS INC | NOTE  4.000% 5/0 | 604749AB7 |  | 83545291 | 46996000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MICROSTRATEGY INC | NOTE  2.250% 6/1 | 594972AN1 |  | 166479939 | 77600000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 398271 | 8346 | SH |  | DFND | 1 | 8346 | 0 | 0 |
| MACOM TECH SOLUTIONS HLDGS I | COM | 55405Y100 |  | 1794993 | 12527 | SH |  | DFND | 1 | 12527 | 0 | 0 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 |  | 781898 | 27905 | SH |  | DFND | 1 | 27905 | 0 | 0 |
| NORTHERN OIL  GAS INC | COM | 665531307 |  | 1238129 | 43673 | SH |  | DFND | 1 | 43673 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 217732 | 22493 | SH |  | DFND | 1 | 22493 | 0 | 0 |
| ON SEMICONDUCTOR CORP | NOTE  0.500% 3/0 | 682189AU9 |  | 75691382 | 81862000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| OPKO HEALTH INC | NOTE  3.750% 1/1 | 68375NAG8 |  | 17593855 | 12950000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PACIRA BIOSCIENCES INC | COM | 695127100 |  | 277909 | 11628 | SH |  | DFND | 1 | 11628 | 0 | 0 |
| PRECISION DRILLING CORP | COM NEW | 74022D407 |  | 179606 | 3802 | SH |  | DFND | 1 | 3802 | 0 | 0 |
| PENGUIN SOLUTIONS INC | NOTE  2.250% 2/1 | 83205YAB0 |  | 15784034 | 13450000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| IMPINJ INC | NOTE  1.125% 5/1 | 453204AD1 |  | 39752899 | 31846000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PENNYMAC CORP | NOTE  5.500% 3/1 | 70932AAF0 |  | 8958080 | 9000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PROGRESS SOFTWARE CORP | NOTE  3.500% 3/0 | 743312AD2 |  | 35816377 | 30818000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PTC THERAPEUTICS INC | COM | 69366J200 |  | 710231 | 14542 | SH |  | DFND | 1 | 14542 | 0 | 0 |
| REPLIGEN CORP | NOTE  1.000%12/1 | 759916AD1 |  | 15920838 | 16021000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 |  | 906119 | 349853 | SH |  | DFND | 1 | 349853 | 0 | 0 |
| RAPID7 INC | COM | 753422104 |  | 254823 | 11017 | SH |  | DFND | 1 | 11017 | 0 | 0 |
| RYAN SPECIALTY HOLDINGS INC | CL A | 78351F107 |  | 349128 | 5135 | SH |  | DFND | 1 | 5135 | 0 | 0 |
| ECHOSTAR CORP | CL A | 278768106 |  | 98639 | 3561 | SH |  | DFND | 1 | 3561 | 0 | 0 |
| SM ENERGY CO | COM | 78454L100 |  | 148803 | 6022 | SH |  | DFND | 1 | 6022 | 0 | 0 |
| SUPER MICRO COMPUTER INC | NOTE  3.500% 3/0 | 86800UAB0 |  | 123725159 | 117938000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SEMTECH CORP | COM | 816850101 |  | 1534 | 34 | SH |  | DFND | 1 | 34 | 0 | 0 |
| SAREPTA THERAPEUTICS INC | NOTE  1.250% 9/1 | 803607AD2 |  | 7336580 | 9940000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| TRIP COM GROUP LTD | NOTE  0.750% 6/1 | 89677QAB3 |  | 47102853 | 42470000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 64856 | 2680 | SH |  | DFND | 1 | 2680 | 0 | 0 |
| VEECO INSTRS INC DEL | NOTE  2.875% 6/0 | 922417AJ9 |  | 27573874 | 25947000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| VERTEX INC | NOTE  0.750% 5/0 | 92538JAB2 |  | 60658717 | 50690000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| VERINT SYS INC | COM | 92343X100 |  | 92527 | 4704 | SH |  | DFND | 1 | 4704 | 0 | 0 |
| VITAL ENERGY INC | COM | 516806205 |  | 865207 | 53773 | SH |  | DFND | 1 | 53773 | 0 | 0 |
| BRISTOW GROUP INC | COM | 11040G103 |  | 60137 | 1824 | SH |  | DFND | 1 | 1824 | 0 | 0 |
| WEATHERFORD INTL PLC | ORD SHS | G48833118 |  | 115461 | 2295 | SH |  | DFND | 1 | 2295 | 0 | 0 |
| WORKIVA INC | NOTE  1.250% 8/1 | 98139AAD7 |  | 61617096 | 66233000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| WORLD KINECT CORPORATION | NOTE  3.250% 7/0 | 98149GAB6 |  | 56161674 | 48300000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ZIFF DAVIS INC | DEBT  3.625% 3/0 | 48123VAH5 |  | 9046725 | 9665000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 1836000 | 20000 | SH |  | DFND | 1 | 20000 | 0 | 0 |
| BANK AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 3911925 | 3225 | SH |  | DFND | 1 | 3225 | 0 | 0 |
| WELLS FARGO CO NEW | PERP PFD CNV A | 949746804 |  | 201630 | 173 | SH |  | DFND | 1 | 173 | 0 | 0 |
| SHIFT4 PMTS INC | 6 SER A CNV PREF | 82452J307 |  | 30858041 | 267021 | SH |  | DFND | 1 | 267021 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 5822273 | 82738 | SH |  | DFND | 1 | 82738 | 0 | 0 |
| BOEING CO | DEP CONV PFD A | 097023204 |  | 46114738 | 674999 | SH |  | DFND | 1 | 674999 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | 7.625 MAND CONV | 42824C208 |  | 5722242 | 97166 | SH |  | DFND | 1 | 97166 | 0 | 0 |
| KKR  CO INC | 6.25 CON SER D | 48251W500 |  | 508088 | 9471 | SH |  | DFND | 1 | 9471 | 0 | 0 |
| CHIMERA INVT CORP | COM SHS | 16934Q802 |  | 10566471 | 761822 | SH |  | DFND | 1 | 761822 | 0 | 0 |
| INVESCO MORTGAGE CAPITAL INC | COM | 46131B704 |  | 7562918 | 964658 | SH |  | DFND | 1 | 964658 | 0 | 0 |
| ATLANTIC UN BANKSHARES CORP | COM | 04911A107 |  | 6381 | 204 | SH |  | DFND | 1 | 204 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 261560 | 3743 | SH |  | DFND | 1 | 3743 | 0 | 0 |
| BLUEPRINT MEDICINES CORP | COM | 09627Y109 |  | 665382 | 5191 | SH |  | DFND | 1 | 5191 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 104706 | 700 | SH |  | DFND | 1 | 700 | 0 | 0 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 1807130 | 85242 | SH |  | DFND | 1 | 85242 | 0 | 0 |
| GENWORTH FINL INC | COM SHS | 37247D106 |  | 501631 | 64477 | SH |  | DFND | 1 | 64477 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 586186 | 3195 | SH |  | DFND | 1 | 3195 | 0 | 0 |
| INDUSTRIAL LOGISTICS PPTYS T | COM SHS BEN INT | 456237106 |  | 23914 | 5256 | SH |  | DFND | 1 | 5256 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 900397 | 4121 | SH |  | DFND | 1 | 4121 | 0 | 0 |
| PROASSURANCE CORP | COM | 74267C106 |  | 748321 | 32778 | SH |  | DFND | 1 | 32778 | 0 | 0 |
| SYNOVUS FINL CORP | COM NEW | 87161C501 |  | 591502 | 11430 | SH |  | DFND | 1 | 11430 | 0 | 0 |
| TOWER SEMICONDUCTOR LTD | SHS NEW | M87915274 |  | 188875 | 4357 | SH |  | DFND | 1 | 4357 | 0 | 0 |
| FORAFRIC GLOBAL PLC | *W EXP 06/09/202 | X3R81D110 |  | 57553 | 125117 | SH |  | DFND | 1 | 125117 | 0 | 0 |
| ALVOTECH | ORDINARY SHARES | L01800108 |  | 219135 | 24028 | SH |  | DFND | 1 | 24028 | 0 | 0 |
| CHECHE GROUP INC | *W EXP 10/01/203 | G20707116 |  | 3138 | 124052 | SH |  | DFND | 1 | 124052 | 0 | 0 |
| FREIGHTOS LTD | *W EXP 99/99/999 | G51405119 |  | 17524 | 87976 | SH |  | DFND | 1 | 87976 | 0 | 0 |
| ALPHA TAU MEDICAL LTD | *W EXP 99/99/999 | M0740A116 |  | 23320 | 97127 | SH |  | DFND | 1 | 97127 | 0 | 0 |
| EUDA HEALTH HOLDINGS LTD | *W EXP 11/22/202 | G3142E121 |  | 7947 | 61134 | SH |  | DFND | 1 | 61134 | 0 | 0 |
| GRAB HOLDINGS LIMITED | *W EXP 99/99/999 | G4124C117 |  | 19305 | 49374 | SH |  | DFND | 1 | 49374 | 0 | 0 |
| HOLLEY INC | *W EXP 11/30/202 | 43538H111 |  | 10430 | 211997 | SH |  | DFND | 1 | 211997 | 0 | 0 |
| INSPIRATO INCORPORATED | *W EXP 02/11/202 | 45791E115 |  | 762 | 61029 | SH |  | DFND | 1 | 61029 | 0 | 0 |
| LOTTERY COM INC | *W EXP 10/15/202 | 54570M116 |  | 430 | 19199 | SH |  | DFND | 1 | 19199 | 0 | 0 |
| LIFEZONE METALS LIMITED | *W EXP 07/05/202 | G5568L117 |  | 192491 | 497395 | SH |  | DFND | 1 | 497395 | 0 | 0 |
| WM TECHNOLOGY INC | *W EXP 06/16/202 | 92971A117 |  | 740 | 54843 | SH |  | DFND | 1 | 54843 | 0 | 0 |
| NET POWER INC | *W EXP 06/08/202 | 64107A113 |  | 46496 | 140898 | SH |  | DFND | 1 | 140898 | 0 | 0 |
| NWTN INC | *W EXP 12/31/202 | G6693P114 |  | 11894 | 211269 | SH |  | DFND | 1 | 211269 | 0 | 0 |
| PLANET LABS PBC | *W EXP 12/06/202 | 72703X114 |  | 325868 | 394275 | SH |  | DFND | 1 | 394275 | 0 | 0 |
| RENEW ENERGY GLOBAL PLC | *W EXP 08/21/202 | G7500M120 |  | 24739 | 183255 | SH |  | DFND | 1 | 183255 | 0 | 0 |
| SCHMID GROUP N.V. | *W EXP 04/30/202 | N68722110 |  | 30760 | 102536 | SH |  | DFND | 1 | 102536 | 0 | 0 |
| SWVL HOLDINGS CORP | *W EXP 99/99/999 | G86302117 |  | 750 | 44651 | SH |  | DFND | 1 | 44651 | 0 | 0 |
| TABOOLA.COM LTD | *W EXP 99/99/999 | M8744T114 |  | 11479 | 47833 | SH |  | DFND | 1 | 47833 | 0 | 0 |
| UWM HOLDINGS CORPORATION | *W EXP 01/21/202 | 91823B117 |  | 11219 | 160282 | SH |  | DFND | 1 | 160282 | 0 | 0 |
| XOS INC | *W EXP 08/20/202 | 98423B116 |  | 209 | 21817 | SH |  | DFND | 1 | 21817 | 0 | 0 |
| MICROSTRATEGY INC | SERIES A PERP PF | 594972887 |  | 999695 | 9176 | SH |  | DFND | 1 | 9176 | 0 | 0 |
| AIRBNB INC | NOTE         3/1 | 009066AB7 |  | 96060562 | 99587000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BLOOM ENERGY CORP | NOTE  3.000% 6/0 | 093712AK3 |  | 128140309 | 86137000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| DRAFTKINGS INC NEW | NOTE         3/1 | 26142RAB0 |  | 92746579 | 103148000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| POST HLDGS INC | NOTE  2.500% 8/1 | 737446AT1 |  | 33705361 | 29499000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE  4.625% 3/1 | 76954AAB9 |  | 94364784 | 92510000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SPECTRUM BRANDS INC | NOTE  3.375% 6/0 | 84762LAZ8 |  | 33058669 | 36392000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ZTO EXPRESS CAYMAN INC | NOTE  1.500% 9/0 | 98980AAB1 |  | 58273108 | 58570000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ARTIUS II ACQUISITION INC | SHS CL A | G0509J115 |  | 643206 | 63558 | SH |  | DFND | 1 | 63558 | 0 | 0 |
| ARMADA ACQUISITION CORP II | COM CL A | G0R38G104 |  | 9646180 | 959819 | SH |  | DFND | 1 | 959819 | 0 | 0 |
| ARMADA ACQUISITION CORP II | *W EXP 05/21/203 | G0R38G112 |  | 26945 | 99799 | SH |  | DFND | 1 | 99799 | 0 | 0 |
| ARES ACQUISITION CORP II | SHS CLASS A | G33033104 |  | 22928645 | 2023711 | SH |  | DFND | 1 | 2023711 | 0 | 0 |
| AA MISSION ACQUISITION CORP | ORD SHS CL A | G1000R101 |  | 23761736 | 2280397 | SH |  | DFND | 1 | 2280397 | 0 | 0 |
| AA MISSION ACQUISITION CORP | *W EXP 08/01/203 | G1000R127 |  | 46955 | 477193 | SH |  | DFND | 1 | 477193 | 0 | 0 |
| AIMEI HEALTH TECHNOLOGY CO L | SHS | G01341109 |  | 4484707 | 404757 | SH |  | DFND | 1 | 404757 | 0 | 0 |
| AIMEI HEALTH TECHNOLOGY CO L | RIGHT 11/17/2028 | G01341133 |  | 105999 | 441663 | SH |  | DFND | 1 | 441663 | 0 | 0 |
| AIFEEX NEXUS ACQUISITION COR | ORD SHS CL A | G8089R100 |  | 7682622 | 754678 | SH |  | DFND | 1 | 754678 | 0 | 0 |
| AIFEEX NEXUS ACQUISITION COR | RIGHT 12/31/2026 | G8089R118 |  | 94534 | 429700 | SH |  | DFND | 1 | 429700 | 0 | 0 |
| ALCHEMY INVTS ACQUISITN CORP | CL A ORD SHS | G0232F109 |  | 196366 | 17120 | SH |  | DFND | 1 | 17120 | 0 | 0 |
| ALDEL FINL II INC | CL A | G01558108 |  | 517314 | 49315 | SH |  | DFND | 1 | 49315 | 0 | 0 |
| CENTURION ACQUISITION CORP | SHS CL A | G20315100 |  | 8178447 | 777419 | SH |  | DFND | 1 | 777419 | 0 | 0 |
| AGRICULTURE  NAT SOL ACQ CO | SHS CL A | G0131Y100 |  | 18829806 | 1735466 | SH |  | DFND | 1 | 1735466 | 0 | 0 |
| A SPAC III ACQUISITION CORP | ORD SHS CL A | G0544A103 |  | 5952312 | 583560 | SH |  | DFND | 1 | 583560 | 0 | 0 |
| A SPAC III ACQUISITION CORP | RIGHT 01/02/2026 | G0544A145 |  | 45643 | 268494 | SH |  | DFND | 1 | 268494 | 0 | 0 |
| ARCHIMEDES TECH SPAC PARTNER | ORD SHS | G04537109 |  | 154892 | 15141 | SH |  | DFND | 1 | 15141 | 0 | 0 |
| ARCHIMEDES TECH SPAC PARTNER | *W EXP 10/15/202 | G04537125 |  | 2241 | 5521 | SH |  | DFND | 1 | 5521 | 0 | 0 |
| ALPHATIME ACQUISITION CORP | ORDINARY SHARES | G0223V105 |  | 2170943 | 183667 | SH |  | DFND | 1 | 183667 | 0 | 0 |
| ALPHAVEST ACQUISITION CORP | ORDINARY SHARES | G0283A108 |  | 2250903 | 189470 | SH |  | DFND | 1 | 189470 | 0 | 0 |
| BLEICHROEDER ACQUISITION COR | SHS CL A | G1169T104 |  | 4632530 | 449324 | SH |  | DFND | 1 | 449324 | 0 | 0 |
| BAYVIEW ACQUISITION CORP | ORD SHS | 07323B100 |  | 2231081 | 200097 | SH |  | DFND | 1 | 200097 | 0 | 0 |
| BLACK HAWK ACQUISITION CORP | USD CL A SHS | G1148A101 |  | 3765310 | 354549 | SH |  | DFND | 1 | 354549 | 0 | 0 |
| BEST SPAC I ACQUISITION CORP | UNIT 05/27/2030 | G1069P137 |  | 3775742 | 376070 | SH |  | DFND | 1 | 376070 | 0 | 0 |
| CANTOR EQUITY PARTNERS III I | SHS CL A | G1828A108 |  | 1213250 | 115000 | SH |  | DFND | 1 | 115000 | 0 | 0 |
| CAYSON ACQUISITION CORP | SHS | G1993W109 |  | 5895609 | 571280 | SH |  | DFND | 1 | 571280 | 0 | 0 |
| COLUMBUS CIRCLE CAP CORP. I | SHS CL A | G2296A109 |  | 1019222 | 95972 | SH |  | DFND | 1 | 95972 | 0 | 0 |
| COLUMBUS CIRCLE CAP CORP. I | *W EXP 05/16/203 | G2296A117 |  | 111630 | 67247 | SH |  | DFND | 1 | 67247 | 0 | 0 |
| CHURCHILL CAPITAL CORP IX | CL A SHS | G21301109 |  | 120980 | 11500 | SH |  | DFND | 1 | 11500 | 0 | 0 |
| CANTOR EQUITY PARTNERS I INC | SHS CL A | G1827K107 |  | 1825912 | 153438 | SH |  | DFND | 1 | 153438 | 0 | 0 |
| CANTOR EQUITY PARTNERS II IN | CL A ORD SHS | G1827P106 |  | 1198078 | 108620 | SH |  | DFND | 1 | 108620 | 0 | 0 |
| CARTESIAN GROWTH CORP III | COM CL A | G19307100 |  | 3533192 | 352614 | SH |  | DFND | 1 | 352614 | 0 | 0 |
| CARTESIAN GROWTH CORP III | *W EXP 05/02/203 | G19307126 |  | 38893 | 143995 | SH |  | DFND | 1 | 143995 | 0 | 0 |
| CRANE HBR ACQUISITION CORP | CL A | G24979109 |  | 2188855 | 217364 | SH |  | DFND | 1 | 217364 | 0 | 0 |
| CRANE HBR ACQUISITION CORP | RIGHT 04/17/2030 | G24979117 |  | 52005 | 192612 | SH |  | DFND | 1 | 192612 | 0 | 0 |
| CHARLTON ARIA ACQUISITION CO | ORD SHS CL A | G9877L107 |  | 7783162 | 757117 | SH |  | DFND | 1 | 757117 | 0 | 0 |
| CHARLTON ARIA ACQUISITION CO | RIGHT 12/31/2026 | G9877L115 |  | 46365 | 308900 | SH |  | DFND | 1 | 308900 | 0 | 0 |
| CHENGHE ACQUISITION II CO | *W EXP 05/30/203 | G20873116 |  | 973 | 11071 | SH |  | DFND | 1 | 11071 | 0 | 0 |
| CHAMPIONSGATE ACQUISITION CO | SHS CL A | G2124S108 |  | 3544160 | 354416 | SH |  | DFND | 1 | 354416 | 0 | 0 |
| COLUMBUS ACQUISITION CORP | SHS | G2295P107 |  | 5390268 | 531784 | SH |  | DFND | 1 | 531784 | 0 | 0 |
| COLUMBUS ACQUISITION CORP | RIGHT 09/30/2025 | G2295P115 |  | 48779 | 264817 | SH |  | DFND | 1 | 264817 | 0 | 0 |
| COPLEY ACQUISITION CORP | ORD SHS CL A | G24243100 |  | 3521479 | 349700 | SH |  | DFND | 1 | 349700 | 0 | 0 |
| COPLEY ACQUISITION CORP | *W EXP 99/99/999 | G24243126 |  | 31425 | 187500 | SH |  | DFND | 1 | 187500 | 0 | 0 |
| LIONHEART HOLDINGS | SHS CL A | G5501C109 |  | 9875733 | 940546 | SH |  | DFND | 1 | 940546 | 0 | 0 |
| LIONHEART HOLDINGS | *W EXP 06/07/203 | G5501C117 |  | 6039 | 17758 | SH |  | DFND | 1 | 17758 | 0 | 0 |
| DIGITAL ASSET ACQUISITION CO | SHS CL A | G2868C103 |  | 1483014 | 141509 | SH |  | DFND | 1 | 141509 | 0 | 0 |
| DRUGS MADE IN AMER ACQUTN CO | ORD SHS | G2847J104 |  | 10423441 | 1021906 | SH |  | DFND | 1 | 1021906 | 0 | 0 |
| DRUGS MADE IN AMER ACQUTN CO | UNIT 10/15/2029 | G2847J120 |  | 1341600 | 130000 | SH |  | DFND | 1 | 130000 | 0 | 0 |
| ROMAN DBDR ACQUISITION CORP | ORD SHS CL A | G7633M104 |  | 1147503 | 111300 | SH |  | DFND | 1 | 111300 | 0 | 0 |
| DT CLOUD STAR ACQUISITION CO | SHS | G2853N106 |  | 5614974 | 540421 | SH |  | DFND | 1 | 540421 | 0 | 0 |
| DT CLOUD STAR ACQUISITION CO | RIGHT 07/09/2029 | G2853N114 |  | 8424 | 68999 | SH |  | DFND | 1 | 68999 | 0 | 0 |
| DT CLOUD ACQUISITION CORP | ORD SHS | G28524117 |  | 1012695 | 93250 | SH |  | DFND | 1 | 93250 | 0 | 0 |
| DYNAMIX CORP | SHS CL A | G2949D104 |  | 3499609 | 343099 | SH |  | DFND | 1 | 343099 | 0 | 0 |
| EMBRACE CHANGE ACQUISITN COR | ORDINARY SHARES | G3034H109 |  | 2915470 | 240948 | SH |  | DFND | 1 | 240948 | 0 | 0 |
| EQV VENTURES ACQUISITION COR | CL A ORD SHS | G3106N109 |  | 539919 | 51372 | SH |  | DFND | 1 | 51372 | 0 | 0 |
| ESH ACQUISITION CORP | COM | 296424104 |  | 1007950 | 90643 | SH |  | DFND | 1 | 90643 | 0 | 0 |
| EUREKA ACQUISITION CORP | SHS CL A | G32168109 |  | 4188000 | 400000 | SH |  | DFND | 1 | 400000 | 0 | 0 |
| EUREKA ACQUISITION CORP | RIGHT 01/03/2026 | G32168125 |  | 31235 | 141978 | SH |  | DFND | 1 | 141978 | 0 | 0 |
| FACT II ACQUISITION CORP | ORD SHS CL A | G32901103 |  | 6406913 | 620224 | SH |  | DFND | 1 | 620224 | 0 | 0 |
| FIFTH ERA ACQUISITION CORP I | ORD SHS CL A | G3415K101 |  | 126560 | 12469 | SH |  | DFND | 1 | 12469 | 0 | 0 |
| FIFTH ERA ACQUISITION CORP I | RIGHT 02/21/2030 | G3415K135 |  | 35109 | 124810 | SH |  | DFND | 1 | 124810 | 0 | 0 |
| FG MERGER II CORP | COM | 30334J102 |  | 276600 | 27996 | SH |  | DFND | 1 | 27996 | 0 | 0 |
| FG MERGER II CORP | RIGHT 02/11/2030 | 30334J128 |  | 661 | 2403 | SH |  | DFND | 1 | 2403 | 0 | 0 |
| FOUR LEAF ACQUISITION CORP | COM CL A | 35088F107 |  | 2162763 | 185500 | SH |  | DFND | 1 | 185500 | 0 | 0 |
| FLAG SHIP ACQUISITION CORP | ORD SHS | G3530C109 |  | 5203052 | 494117 | SH |  | DFND | 1 | 494117 | 0 | 0 |
| FLAG SHIP ACQUISITION CORP | RIGHT 03/31/2026 | G3530C117 |  | 10223 | 78706 | SH |  | DFND | 1 | 78706 | 0 | 0 |
| FUTURE VISION II ACQUISITION | SHS | G37068106 |  | 4063668 | 390362 | SH |  | DFND | 1 | 390362 | 0 | 0 |
| GIGCAPITAL7 CORP | ORD SHS CL A | G38648104 |  | 6089997 | 586705 | SH |  | DFND | 1 | 586705 | 0 | 0 |
| GP-ACT III ACQUISITION CORP | CL A | G4035N103 |  | 5285550 | 501000 | SH |  | DFND | 1 | 501000 | 0 | 0 |
| GRAF GLOBAL CORP | ORD SHS CL A | G4036C106 |  | 12238147 | 1169995 | SH |  | DFND | 1 | 1169995 | 0 | 0 |
| GESHER ACQUISITION CORP. II | USD CL A ORD SHS | G3852D107 |  | 1588414 | 156494 | SH |  | DFND | 1 | 156494 | 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 |  | 21988 | 78197 | SH |  | DFND | 1 | 78197 | 0 | 0 |
| GSR III ACQUISITION CORP | CL A | G4R103107 |  | 745049 | 69050 | SH |  | DFND | 1 | 69050 | 0 | 0 |
| HCM II ACQUISITION CORP | SHS CL A | G43658106 |  | 930945 | 83869 | SH |  | DFND | 1 | 83869 | 0 | 0 |
| HCM II ACQUISITION CORP | *W EXP 99/99/999 | G43658122 |  | 72979 | 31055 | SH |  | DFND | 1 | 31055 | 0 | 0 |
| HORIZON SPACE ACQUSTN I CORP | ORDINARY SHARES | G4619M109 |  | 4400917 | 367049 | SH |  | DFND | 1 | 367049 | 0 | 0 |
| HORIZON SPACE ACQUISITION II | ORD SHS | G4627B103 |  | 6995281 | 683133 | SH |  | DFND | 1 | 683133 | 0 | 0 |
| HENNESSY CAP INVT CORP VII | ORD SHS CL A | G4405D107 |  | 1407566 | 138540 | SH |  | DFND | 1 | 138540 | 0 | 0 |
| HAYMAKER ACQUISITION CORP IV | CLASS A | G4375F108 |  | 11122743 | 1002049 | SH |  | DFND | 1 | 1002049 | 0 | 0 |
| IB ACQUISITION CORP | COM SHS | 44934N108 |  | 7400154 | 706796 | SH |  | DFND | 1 | 706796 | 0 | 0 |
| INFLECTION PT ACQUISITION CO | CL A ORD SHS | G47875102 |  | 1030863 | 100572 | SH |  | DFND | 1 | 100572 | 0 | 0 |
| DUNE ACQUISITION CORP II | SHS CL A | G2867S109 |  | 5405895 | 537900 | SH |  | DFND | 1 | 537900 | 0 | 0 |
| DUNE ACQUISITION CORP II | UNIT 04/04/2030 | G2867S125 |  | 20 | 2 | SH |  | DFND | 1 | 2 | 0 | 0 |
| DUNE ACQUISITION CORP II | *W EXP 04/04/203 | G2867S117 |  | 75125 | 395395 | SH |  | DFND | 1 | 395395 | 0 | 0 |
| ISRAEL ACQUISITIONS CORP | *W EXP 99/99/999 | G49667119 |  | 18167 | 81650 | SH |  | DFND | 1 | 81650 | 0 | 0 |
| JACKSON ACQUISITION CO II | COM SHS CL A | G4992A110 |  | 6451116 | 626322 | SH |  | DFND | 1 | 626322 | 0 | 0 |
| K GROWTH ACQUISITION CORP | SHS CL A | G52258111 |  | 4199606 | 412535 | SH |  | DFND | 1 | 412535 | 0 | 0 |
| KEEN VISION ACQUISITION CORP | SHS | G52443119 |  | 6985318 | 614364 | SH |  | DFND | 1 | 614364 | 0 | 0 |
| LAKESHORE ACQUISITION III CO | USD ORD SHS | G5353S103 |  | 2262030 | 225702 | SH |  | DFND | 1 | 225702 | 0 | 0 |
| LAKESHORE ACQUISITION III CO | RIGHT 04/30/2025 | G5353S137 |  | 44140 | 220702 | SH |  | DFND | 1 | 220702 | 0 | 0 |
| LEGATO MERGER CORP III | ORD SHS | G5451A103 |  | 4135125 | 387184 | SH |  | DFND | 1 | 387184 | 0 | 0 |
| LAUNCH ONE ACQUISITION CORP | SHS CLASS A | G5S86M100 |  | 5960608 | 572310 | SH |  | DFND | 1 | 572310 | 0 | 0 |
| LAUNCH ONE ACQUISITION CORP | *W EXP 06/01/203 | G5S86M126 |  | 9808 | 36327 | SH |  | DFND | 1 | 36327 | 0 | 0 |
| LAUNCH TWO ACQUISITION CORP. | ORD SHS CL A | G5S87A105 |  | 4929233 | 473055 | SH |  | DFND | 1 | 473055 | 0 | 0 |
| MELAR ACQUISITION CORP. I | SHS CL A | G6004G100 |  | 4099446 | 390052 | SH |  | DFND | 1 | 390052 | 0 | 0 |
| MAYWOOD ACQUISITION CORP | ORD SHS CL A | G6001J107 |  | 3722582 | 367481 | SH |  | DFND | 1 | 367481 | 0 | 0 |
| MAYWOOD ACQUISITION CORP | RIGHT 99/99/9999 | G6001J131 |  | 80267 | 295100 | SH |  | DFND | 1 | 295100 | 0 | 0 |
| M3BRIGADE ACQUISITION V CORP | CL A | G63212107 |  | 1103462 | 97738 | SH |  | DFND | 1 | 97738 | 0 | 0 |
| M3BRIGADE ACQUISITION V CORP | *W EXP 99/99/999 | G63212115 |  | 10850 | 6200 | SH |  | DFND | 1 | 6200 | 0 | 0 |
| MOUNTAIN LAKE ACQUISITION CO | SHS CL A | G6301B101 |  | 15938479 | 1553458 | SH |  | DFND | 1 | 1553458 | 0 | 0 |
| NABORS ENERGY TRANSITION COR | CL A | G6363K106 |  | 14843874 | 1337286 | SH |  | DFND | 1 | 1337286 | 0 | 0 |
| NEWHOLD INVT CORP III | ORD SHS CL A | G6486E102 |  | 2039166 | 200508 | SH |  | DFND | 1 | 200508 | 0 | 0 |
| CO2 ENERGY TRANSITION CORP | COM | 12664M103 |  | 141392 | 14041 | SH |  | DFND | 1 | 14041 | 0 | 0 |
| CO2 ENERGY TRANSITION CORP | *W EXP 08/17/202 | 12664M111 |  | 63 | 700 | SH |  | DFND | 1 | 700 | 0 | 0 |
| NEW PROVIDENCE ACQUISITION C | USD CL A ORD SHS | G6476A102 |  | 3389766 | 332330 | SH |  | DFND | 1 | 332330 | 0 | 0 |
| NEW PROVIDENCE ACQUISITION C | *W EXP 04/24/203 | G6476A110 |  | 71212 | 113940 | SH |  | DFND | 1 | 113940 | 0 | 0 |
| NEWBURY STR II ACQUISITION C | ORD SHS CL A | G6439S109 |  | 9302087 | 903993 | SH |  | DFND | 1 | 903993 | 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 |  | 9145 | 36581 | SH |  | DFND | 1 | 36581 | 0 | 0 |
| OAK WOODS ACQUISITION CORP | CL A | 67190B104 |  | 3980925 | 336511 | SH |  | DFND | 1 | 336511 | 0 | 0 |
| OXLEY BRIDGE ACQ LTD | UNIT 06/17/2030 | G6858G123 |  | 1401400 | 140000 | SH |  | DFND | 1 | 140000 | 0 | 0 |
| PIONEER ACQUISITION I CORP | UNIT 06/16/2030 | G7117W123 |  | 2761790 | 276041 | SH |  | DFND | 1 | 276041 | 0 | 0 |
| PELICAN ACQUISITION CORP | RIGHT 05/02/2030 | G6993G111 |  | 91546 | 481823 | SH |  | DFND | 1 | 481823 | 0 | 0 |
| PLUM ACQUISITION CORP IV | SHS CL A | G7134A104 |  | 6676521 | 648206 | SH |  | DFND | 1 | 648206 | 0 | 0 |
| PLUM ACQUISITION CORP IV | *W EXP 08/19/202 | G7134A120 |  | 13578 | 56575 | SH |  | DFND | 1 | 56575 | 0 | 0 |
| ANDRETTI ACQUISITION CORP II | ORD SHS CL A | G26745102 |  | 10983887 | 1058178 | SH |  | DFND | 1 | 1058178 | 0 | 0 |
| QUETTA ACQUISITION CORP | COM | 74841A105 |  | 1709993 | 157458 | SH |  | DFND | 1 | 157458 | 0 | 0 |
| QUARTZSEA ACQUISITION CORP | ORD SHS | G7314B104 |  | 5357249 | 533325 | SH |  | DFND | 1 | 533325 | 0 | 0 |
| REAL ASSET ACQUISITION CORP | SHS CL A | G73944103 |  | 983707 | 96917 | SH |  | DFND | 1 | 96917 | 0 | 0 |
| REAL ASSET ACQUISITION CORP | *W EXP 04/24/203 | G73944111 |  | 23000 | 50000 | SH |  | DFND | 1 | 50000 | 0 | 0 |
| RANGE CAP ACQUISITION CORP | ORD SHS | G7375C108 |  | 8319385 | 815626 | SH |  | DFND | 1 | 815626 | 0 | 0 |
| RISING DRAGON ACQUISITION CO | SHS | G7576K107 |  | 1980144 | 192247 | SH |  | DFND | 1 | 192247 | 0 | 0 |
| RF ACQUISITION CORP II | SHS | G75389109 |  | 9146445 | 863687 | SH |  | DFND | 1 | 863687 | 0 | 0 |
| RF ACQUISITION CORP II | RIGHT 05/01/2026 | G75389117 |  | 21637 | 327845 | SH |  | DFND | 1 | 327845 | 0 | 0 |
| RIBBON ACQUISITION CORP | ORD SHS CL A | G7552W109 |  | 4541114 | 446082 | SH |  | DFND | 1 | 446082 | 0 | 0 |
| RIBBON ACQUISITION CORP | RIGHT 12/31/2026 | G7552W117 |  | 41352 | 199674 | SH |  | DFND | 1 | 199674 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | SHS CL A | G7490F101 |  | 176410 | 14950 | SH |  | DFND | 1 | 14950 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | *W EXP 05/15/203 | G7490F127 |  | 32841 | 16099 | SH |  | DFND | 1 | 16099 | 0 | 0 |
| SILVERBOX CORP IV | SHS CL A | G81354105 |  | 583663 | 53254 | SH |  | DFND | 1 | 53254 | 0 | 0 |
| SIDDHI ACQUISITION CORP | CL A SHS | G8118C124 |  | 202361 | 20016 | SH |  | DFND | 1 | 20016 | 0 | 0 |
| SIM ACQUISITION CORP. I | SHS CL A | G8431T101 |  | 4116896 | 395016 | SH |  | DFND | 1 | 395016 | 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 |  | 15829 | 57834 | SH |  | DFND | 1 | 57834 | 0 | 0 |
| SOULPOWER ACQUISITION CORP | USD CL A ORD SHS | G82745103 |  | 4867251 | 484786 | SH |  | DFND | 1 | 484786 | 0 | 0 |
| SOULPOWER ACQUISITION CORP | RIGHT 99/99/9999 | G82745137 |  | 75624 | 378120 | SH |  | DFND | 1 | 378120 | 0 | 0 |
| SPARK I ACQUISITION CORP | ORD SHS | G8316B100 |  | 9836029 | 902388 | SH |  | DFND | 1 | 902388 | 0 | 0 |
| STELLAR V CAP CORP | SHS CL A | G8475V103 |  | 2552916 | 249552 | SH |  | DFND | 1 | 249552 | 0 | 0 |
| SIZZLE ACQUISITION CORP. II | USD CL A ORD SHS | G8193F109 |  | 8762785 | 871919 | SH |  | DFND | 1 | 871919 | 0 | 0 |
| SIZZLE ACQUISITION CORP. II | RIGHT 04/02/2030 | G8193F133 |  | 82919 | 414599 | SH |  | DFND | 1 | 414599 | 0 | 0 |
| TITAN ACQUISITION CORP | CL A | G8901A103 |  | 3270516 | 324456 | SH |  | DFND | 1 | 324456 | 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 |  | 52360 | 141515 | SH |  | DFND | 1 | 141515 | 0 | 0 |
| BERTO ACQUISITION CORP | ORD SHS | G1051H101 |  | 929943 | 89246 | SH |  | DFND | 1 | 89246 | 0 | 0 |
| BERTO ACQUISITION CORP | *W EXP 05/01/203 | G1051H119 |  | 31820 | 40000 | SH |  | DFND | 1 | 40000 | 0 | 0 |
| TAVIA ACQUISITION CORP | SHS | G86880104 |  | 9059893 | 883892 | SH |  | DFND | 1 | 883892 | 0 | 0 |
| TAVIA ACQUISITION CORP | RIGHT 11/26/2029 | G86880146 |  | 69300 | 420000 | SH |  | DFND | 1 | 420000 | 0 | 0 |
| TRAILBLAZER MERGER CORP I | CL A | 89278D109 |  | 851199 | 72690 | SH |  | DFND | 1 | 72690 | 0 | 0 |
| TRANSLATIONAL DEV ACQUISITIO | COM CL A | G9008W105 |  | 13953317 | 1354691 | SH |  | DFND | 1 | 1354691 | 0 | 0 |
| TEXAS VENTURES ACQUISITION I | USD CL A ORD SHS | G8772L105 |  | 4984036 | 493958 | SH |  | DFND | 1 | 493958 | 0 | 0 |
| TEXAS VENTURES ACQUISITION I | *W EXP 04/23/203 | G8772L113 |  | 51299 | 189998 | SH |  | DFND | 1 | 189998 | 0 | 0 |
| THAYER VENTURES ACQ CORP II | UNIT 05/15/2030 | G87890128 |  | 2499542 | 246018 | SH |  | DFND | 1 | 246018 | 0 | 0 |
| UY SCUTI ACQUISITION CORP. | ORD SHS | G93Y0A104 |  | 4271250 | 425000 | SH |  | DFND | 1 | 425000 | 0 | 0 |
| UY SCUTI ACQUISITION CORP. | RIGHT 03/03/2030 | G93Y0A112 |  | 29960 | 149800 | SH |  | DFND | 1 | 149800 | 0 | 0 |
| VOYAGER ACQUISITION CORP | CL A | G93A7H104 |  | 25888236 | 2492417 | SH |  | DFND | 1 | 2492417 | 0 | 0 |
| VOYAGER ACQUISITION CORP | *W EXP 05/16/203 | G93A7H112 |  | 118146 | 393953 | SH |  | DFND | 1 | 393953 | 0 | 0 |
| VINE HILL CAP INVT CORP. | ORD SHS CL A | G93Y09107 |  | 14329213 | 1377809 | SH |  | DFND | 1 | 1377809 | 0 | 0 |
| VINE HILL CAP INVT CORP. | *W EXP 07/01/203 | G93Y09115 |  | 3819 | 15798 | SH |  | DFND | 1 | 15798 | 0 | 0 |
| WILLOW LANE ACQUISITION CORP | ORD SHS CL A | G9675P102 |  | 5430841 | 530874 | SH |  | DFND | 1 | 530874 | 0 | 0 |
| WINTERGREEN ACQUISITION CORP | UNIT 05/21/2030 | G9717M125 |  | 4281378 | 424319 | SH |  | DFND | 1 | 424319 | 0 | 0 |
| YHN ACQUISITION I LTD | SHS | G1514D101 |  | 2532092 | 244978 | SH |  | DFND | 1 | 244978 | 0 | 0 |
| YHN ACQUISITION I LTD | UNIT 08/15/2029 | G1514D119 |  | 387872 | 37117 | SH |  | DFND | 1 | 37117 | 0 | 0 |
| LIVEWIRE GROUP INC | *W EXP 09/26/202 | 53838J113 |  | 28064 | 550281 | SH |  | DFND | 1 | 550281 | 0 | 0 |
| CSG SYS INTL INC | NOTE  3.875% 9/1 | 126349AH2 |  | 14191782 | 12536000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| GRANITE CONSTR INC | NOTE  3.250% 6/1 | 387328AF4 |  | 26867897 | 19631000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SEAGATE HDD CAYMAN | NOTE  3.500% 6/0 | 81180WBL4 |  | 76771053 | 42640000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ABRDN EMERGING MARKETS EX CH | COM | 00301W105 |  | 85292 | 14359 | SH |  | DFND | 1 | 14359 | 0 | 0 |
| ABRDN TOTAL DYNAMIC DIVIDEND | COM SH BEN INT | 00326L100 |  | 556611 | 62823 | SH |  | DFND | 1 | 62823 | 0 | 0 |
| ASA GOLD AND PRECIOUS MTLS L | SHS | G3156P103 |  | 1212635 | 38411 | SH |  | DFND | 1 | 38411 | 0 | 0 |
| LIBERTY ALL-STAR GROWTH FD I | COM | 529900102 |  | 1566580 | 286395 | SH |  | DFND | 1 | 286395 | 0 | 0 |
| ABRDN GLOBAL INFRA INCOME FU | COM SHS BEN INT | 00326W106 |  | 84821 | 4162 | SH |  | DFND | 1 | 4162 | 0 | 0 |
| BLACKROCK RES  COMMODITIES | SHS | 09257A108 |  | 430863 | 45594 | SH |  | DFND | 1 | 45594 | 0 | 0 |
| BLACKROCK ENHANCED EQUITY DI | COM | 09251A104 |  | 273509 | 30766 | SH |  | DFND | 1 | 30766 | 0 | 0 |
| BLACKROCK ENHANCED INTL DIV | COM BENE INTER | 092524107 |  | 727530 | 125653 | SH |  | DFND | 1 | 125653 | 0 | 0 |
| BLACKROCK HEALTH SCIENCES TR | COM | 09250W107 |  | 1711250 | 46935 | SH |  | DFND | 1 | 46935 | 0 | 0 |
| BLACKROCK ENHANCED GLOBAL DI | COM | 092501105 |  | 868309 | 76503 | SH |  | DFND | 1 | 76503 | 0 | 0 |
| BLACKROCK SCIENCE  TECHNOLO | SHS BEN INT | 09260K101 |  | 540475 | 26047 | SH |  | DFND | 1 | 26047 | 0 | 0 |
| BLACKROCK TECH AND PRIVATE E | SHS BEN INT | 09260Q108 |  | 88329 | 12034 | SH |  | DFND | 1 | 12034 | 0 | 0 |
| CENTRAL SECS CORP | COM | 155123102 |  | 2268276 | 47394 | SH |  | DFND | 1 | 47394 | 0 | 0 |
| CALAMOS GLOBAL TOTAL RETURN | COM SH BEN INT | 128118106 |  | 1067823 | 91189 | SH |  | DFND | 1 | 91189 | 0 | 0 |
| CALAMOS GBL DYN INCOME FUND | COM | 12811L107 |  | 2869582 | 402466 | SH |  | DFND | 1 | 402466 | 0 | 0 |
| NUVEEN DOW 30 DYNMC OVERWRT | SHS | 67075F105 |  | 3580956 | 249718 | SH |  | DFND | 1 | 249718 | 0 | 0 |
| ELLSWORTH GROWTH  INCOME FD | COM | 289074106 |  | 1399401 | 136527 | SH |  | DFND | 1 | 136527 | 0 | 0 |
| EUROPEAN EQUITY FD INC | COM | 298768102 |  | 308383 | 30145 | SH |  | DFND | 1 | 30145 | 0 | 0 |
| TEMPLETON EMERGING MKTS FD | COM | 880191101 |  | 1911552 | 131018 | SH |  | DFND | 1 | 131018 | 0 | 0 |
| EATON VANCE TAX MNGED BUY WR | COM | 27828X100 |  | 691964 | 47920 | SH |  | DFND | 1 | 47920 | 0 | 0 |
| EATON VANCE TAX-ADVANTAGED G | COM | 27828U106 |  | 10876 | 400 | SH |  | DFND | 1 | 400 | 0 | 0 |
| EATON VANCE TAX-MANAGED BUY- | COM | 27828Y108 |  | 7919 | 571 | SH |  | DFND | 1 | 571 | 0 | 0 |
| EATON VANCE TAX-MANAGED GLOB | COM | 27829C105 |  | 635567 | 73476 | SH |  | DFND | 1 | 73476 | 0 | 0 |
| EATON VANCE TAX ADVT DIV INC | COM | 27828G107 |  | 1664273 | 69057 | SH |  | DFND | 1 | 69057 | 0 | 0 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 21534 | 300 | SH |  | DFND | 1 | 300 | 0 | 0 |
| FIRST TR ENHANCED EQUITY INC | COM | 337318109 |  | 1912463 | 93382 | SH |  | DFND | 1 | 93382 | 0 | 0 |
| FRANKLIN UNVL TR | SH BEN INT | 355145103 |  | 34930 | 4584 | SH |  | DFND | 1 | 4584 | 0 | 0 |
| SPROTT FOCUS TR INC | COM | 85208J109 |  | 16770 | 2242 | SH |  | DFND | 1 | 2242 | 0 | 0 |
| GENERAL AMERN INVS CO INC | COM | 368802104 |  | 350978 | 6263 | SH |  | DFND | 1 | 6263 | 0 | 0 |
| GABELLI CONV  INC SECS FD I | COM | 36240B109 |  | 147757 | 38579 | SH |  | DFND | 1 | 38579 | 0 | 0 |
| GABELLI DIVID  INCOME TR | COM | 36242H104 |  | 812448 | 31236 | SH |  | DFND | 1 | 31236 | 0 | 0 |
| GAMCO GLOBAL GOLD NAT RES | COM SH BEN INT | 36465A109 |  | 233912 | 53283 | SH |  | DFND | 1 | 53283 | 0 | 0 |
| GABELLI GLOBAL SMALL  MID C | COM | 36249W104 |  | 853505 | 64077 | SH |  | DFND | 1 | 64077 | 0 | 0 |
| GAMCO NAT RES GOLD  INCOME | SH BEN INT | 36465E101 |  | 17618 | 2801 | SH |  | DFND | 1 | 2801 | 0 | 0 |
| JOHN HANCOCK DIVERSIFIED INC | COM | 47804L102 |  | 703972 | 66538 | SH |  | DFND | 1 | 66538 | 0 | 0 |
| ABRDN HEALTHCARE INVESTORS | SH BEN INT | 87911J103 |  | 989222 | 63862 | SH |  | DFND | 1 | 63862 | 0 | 0 |
| ABRDN LIFE SCIENCES INVESTOR | SH BEN INT | 87911K100 |  | 1830805 | 142920 | SH |  | DFND | 1 | 142920 | 0 | 0 |
| HANCOCK JOHN TAX-ADVANTAGED | COM | 41013V100 |  | 187962 | 8036 | SH |  | DFND | 1 | 8036 | 0 | 0 |
| NUVEEN CORE EQUITY ALPHA FD | COM | 67090X107 |  | 443594 | 28619 | SH |  | DFND | 1 | 28619 | 0 | 0 |
| ABRDN JAPAN EQUITY FUND INC | COM | 00306J109 |  | 580647 | 77009 | SH |  | DFND | 1 | 77009 | 0 | 0 |
| NUVEEN REAL ESTATE INCOME FD | COM | 67071B108 |  | 2497302 | 320990 | SH |  | DFND | 1 | 320990 | 0 | 0 |
| KOREA FD INC | COM NEW | 500634209 |  | 69802 | 2592 | SH |  | DFND | 1 | 2592 | 0 | 0 |
| KAYNE ANDERSON ENERGY INFRST | COM | 486606106 |  | 78228 | 6150 | SH |  | DFND | 1 | 6150 | 0 | 0 |
| XAI MADISON EQUITY PREMIUM I | COM | 557437100 |  | 30906 | 4945 | SH |  | DFND | 1 | 4945 | 0 | 0 |
| MEXICO EQUITY  INCOME FD | COM | 592834105 |  | 109882 | 10495 | SH |  | DFND | 1 | 10495 | 0 | 0 |
| NEUBERGER BERMAN NEXT GENERA | COMMON STOCK | 64133Q108 |  | 2607881 | 178622 | SH |  | DFND | 1 | 178622 | 0 | 0 |
| VIRTUS CONVERTIBLE  INCOME | COM NEW | 92838X805 |  | 3631706 | 255754 | SH |  | DFND | 1 | 255754 | 0 | 0 |
| VIRTUS CONVERTIBLE  INC FD | COM NEW | 92838U801 |  | 406758 | 31679 | SH |  | DFND | 1 | 31679 | 0 | 0 |
| VIRTUS DIVIDEND INTEREST  P | COM | 92840R101 |  | 980530 | 79075 | SH |  | DFND | 1 | 79075 | 0 | 0 |
| VIRTUS EQUITY  CONV INCM FD | COM | 92841M101 |  | 3899117 | 163143 | SH |  | DFND | 1 | 163143 | 0 | 0 |
| NUVEEN MULTI ASSET INCOME FU | COM | 670750108 |  | 5137113 | 406739 | SH |  | DFND | 1 | 406739 | 0 | 0 |
| NEUBERGER BERMAN ENERGY INFR | COM | 64129H104 |  | 3732255 | 414695 | SH |  | DFND | 1 | 414695 | 0 | 0 |
| NEUBERGER BERMAN REAL ESTATE | COM | 64190A103 |  | 467263 | 145113 | SH |  | DFND | 1 | 145113 | 0 | 0 |
| ADAM NAT RES FD INC | COM | 00548F105 |  | 2439812 | 114170 | SH |  | DFND | 1 | 114170 | 0 | 0 |
| SPROTT PHYSICAL GOLD TR | UNIT | 85207H104 |  | 1806871 | 71277 | SH |  | DFND | 1 | 71277 | 0 | 0 |
| ROYCE GLOBAL TRUST INC | COM | 78081T104 |  | 891555 | 74111 | SH |  | DFND | 1 | 74111 | 0 | 0 |
| COHEN  STEERS REAL ESTATE O | SHS BENFIN INT | 19249Q103 |  | 1087586 | 71646 | SH |  | DFND | 1 | 71646 | 0 | 0 |
| ROYCE MICRO-CAP TR INC | COM | 780915104 |  | 4556975 | 492646 | SH |  | DFND | 1 | 492646 | 0 | 0 |
| ROYCE SMALL CAP TRUST INC | COM | 780910105 |  | 2455241 | 163139 | SH |  | DFND | 1 | 163139 | 0 | 0 |
| SOURCE CAPITAL | COM SHS OF BEN I | 836144303 |  | 576077 | 13285 | SH |  | DFND | 1 | 13285 | 0 | 0 |
| SPROTT PHYSICAL PLAT PALLAD | UNIT | 85207Q104 |  | 881720 | 75168 | SH |  | DFND | 1 | 75168 | 0 | 0 |
| NXG CUSHING MIDSTREAM ENERGY | COM NEW | 231631300 |  | 283829 | 6702 | SH |  | DFND | 1 | 6702 | 0 | 0 |
| SRH TOTAL RETURN FUND INC | COM | 101507101 |  | 706457 | 39958 | SH |  | DFND | 1 | 39958 | 0 | 0 |
| TRI CONTL CORP | COM | 895436103 |  | 4877349 | 154054 | SH |  | DFND | 1 | 154054 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 572028 | 7005 | SH |  | DFND | 1 | 7005 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 1900539 | 14100 | SH |  | DFND | 1 | 14100 | 0 | 0 |
| VIRTUS TOTAL RETURN FD INC | COM | 92835W107 |  | 2884253 | 462962 | SH |  | DFND | 1 | 462962 | 0 | 0 |
| ISHARES ETHEREUM TR | SHS | 46438R105 |  | 17178904 | 900834 | SH |  | DFND | 1 | 900834 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 71174620 | 1162794 | SH |  | DFND | 1 | 1162794 | 0 | 0 |
| ALLIANCEBERNSTEIN NATL MUN I | COM | 01864U106 |  | 101831 | 9877 | SH |  | DFND | 1 | 9877 | 0 | 0 |
| ARES DYNAMIC CR ALLOCATION F | COM | 04014F102 |  | 954873 | 67150 | SH |  | DFND | 1 | 67150 | 0 | 0 |
| BLACKROCK TAX MUNICPAL BD TR | SHS | 09248X100 |  | 218999 | 13594 | SH |  | DFND | 1 | 13594 | 0 | 0 |
| BLACKROCK MUN INCOME TR | SH BEN INT | 09248F109 |  | 302919 | 31587 | SH |  | DFND | 1 | 31587 | 0 | 0 |
| BLACKSTONE LONG SHORT CR INC | COM SHS BN INT | 09257D102 |  | 778988 | 62771 | SH |  | DFND | 1 | 62771 | 0 | 0 |
| BLACKROCK INVT QUALITY MUN T | COM | 09247D105 |  | 1100637 | 100791 | SH |  | DFND | 1 | 100791 | 0 | 0 |
| BLACKROCK LONG-TERM MUN ADVA | COM | 09250B103 |  | 1294923 | 141213 | SH |  | DFND | 1 | 141213 | 0 | 0 |
| BRANDYWINEGBL GBL INCM OPP F | COM | 10537L104 |  | 398963 | 48010 | SH |  | DFND | 1 | 48010 | 0 | 0 |
| BLACKROCK MUN INCOME QUALITY | COM | 092479104 |  | 261983 | 24809 | SH |  | DFND | 1 | 24809 | 0 | 0 |
| EATON VANCE CALIF MUN INCOM | SH BEN INT | 27826F101 |  | 91930 | 9492 | SH |  | DFND | 1 | 9492 | 0 | 0 |
| MFS HIGH INCOME MUN TR | SH BEN INT | 59318D104 |  | 60845 | 16996 | SH |  | DFND | 1 | 16996 | 0 | 0 |
| FLAHERTY  CRUMRINE DYNAMIC | SHS | 33848W106 |  | 597361 | 29097 | SH |  | DFND | 1 | 29097 | 0 | 0 |
| BNY MELLON HIGH YIELD STRATE | SH BEN INT | 09660L105 |  | 696693 | 267959 | SH |  | DFND | 1 | 267959 | 0 | 0 |
| CREDIT SUISSE HIGH YIELD BD | SH BEN INT | 22544F103 |  | 380873 | 178814 | SH |  | DFND | 1 | 178814 | 0 | 0 |
| EATON VANCE SR FLTNG RTE TR | COM | 27828Q105 |  | 943420 | 77840 | SH |  | DFND | 1 | 77840 | 0 | 0 |
| EATON VANCE FLTING RATE INC | COM | 278279104 |  | 866785 | 69454 | SH |  | DFND | 1 | 69454 | 0 | 0 |
| EATON VANCE MUN BD FD | COM | 27827X101 |  | 16013 | 1656 | SH |  | DFND | 1 | 1656 | 0 | 0 |
| EATON VANCE SR INCOME TR | SH BEN INT | 27826S103 |  | 968147 | 170149 | SH |  | DFND | 1 | 170149 | 0 | 0 |
| FLAHERTY  CRUMRINE TOTAL RE | COM | 338479108 |  | 71281 | 4193 | SH |  | DFND | 1 | 4193 | 0 | 0 |
| FEDERATED HERMES PREM MUNI I | COM | 31423P108 |  | 377283 | 35459 | SH |  | DFND | 1 | 35459 | 0 | 0 |
| FRANKLIN LTD DURATION INCOME | COM | 35472T101 |  | 56252 | 8762 | SH |  | DFND | 1 | 8762 | 0 | 0 |
| GUGGENHEIM TAXABLE MUNICP BO | COM | 401664107 |  | 606698 | 40339 | SH |  | DFND | 1 | 40339 | 0 | 0 |
| WSTRN AST GLBL CORP OPP FD I | COM | 95790C107 |  | 282114 | 23908 | SH |  | DFND | 1 | 23908 | 0 | 0 |
| PIONEER DIVERSIFIED HIGH INC | COM | 723653101 |  | 78844 | 6305 | SH |  | DFND | 1 | 6305 | 0 | 0 |
| HANCOCK JOHN PFD INCOME FD | SH BEN INT | 41013W108 |  | 171764 | 10742 | SH |  | DFND | 1 | 10742 | 0 | 0 |
| WESTERN ASSET INVT GRADE OPP | COM | 95790A101 |  | 1027379 | 61965 | SH |  | DFND | 1 | 61965 | 0 | 0 |
| NUVEEN GLOBAL HIGH INCOME FD | SHS | 67075G103 |  | 240032 | 18564 | SH |  | DFND | 1 | 18564 | 0 | 0 |
| HANCOCK JOHN INCOME SECS TR | COM | 410123103 |  | 61983 | 5495 | SH |  | DFND | 1 | 5495 | 0 | 0 |
| KKR INCOME OPPORTUNITIES FD | COM | 48249T106 |  | 641841 | 51102 | SH |  | DFND | 1 | 51102 | 0 | 0 |
| COHEN  STEERS LTD DURATION | COM | 19248C105 |  | 14371 | 685 | SH |  | DFND | 1 | 685 | 0 | 0 |
| PIONEER MUNICIPAL HIGH INCOM | COM | 723762100 |  | 133737 | 16113 | SH |  | DFND | 1 | 16113 | 0 | 0 |
| MFS MUN INCOME TR | SH BEN INT | 552738106 |  | 302899 | 58588 | SH |  | DFND | 1 | 58588 | 0 | 0 |
| BLACKROCK MUNIHOLDINGS FD IN | COM | 09253N104 |  | 1013846 | 90522 | SH |  | DFND | 1 | 90522 | 0 | 0 |
| PIONEER MUNICIPAL HIGH INCOM | COM SHS | 723763108 |  | 100705 | 10994 | SH |  | DFND | 1 | 10994 | 0 | 0 |
| PIONEER MUN HIGH INCOME OPPO | COMMON STOCK | 723760104 |  | 112336 | 9520 | SH |  | DFND | 1 | 9520 | 0 | 0 |
| NYLI MACKAY DEFINEDTERM MUNI | COM | 56064K100 |  | 545455 | 36880 | SH |  | DFND | 1 | 36880 | 0 | 0 |
| MFS MULTIMARKET INCOME TR | SH BEN INT | 552737108 |  | 50703 | 10788 | SH |  | DFND | 1 | 10788 | 0 | 0 |
| BLACKROCK MUNIYIELD PA QLTY | COM | 09255G107 |  | 723965 | 67096 | SH |  | DFND | 1 | 67096 | 0 | 0 |
| BLACKROCK MUNIYIELD QUALITY | COM | 09254G108 |  | 1021107 | 105924 | SH |  | DFND | 1 | 105924 | 0 | 0 |
| BLACKROCK MUNIYILD QULT FD I | COM | 09254F100 |  | 420646 | 37862 | SH |  | DFND | 1 | 37862 | 0 | 0 |
| BLACKROCK MUNIASSETS FD INC | COM | 09254J102 |  | 906703 | 87183 | SH |  | DFND | 1 | 87183 | 0 | 0 |
| BLACKROCK MUNIHOLDINGS QUALI | COM | 09254C107 |  | 79207 | 8268 | SH |  | DFND | 1 | 8268 | 0 | 0 |
| BLACKROCK MUNIHLDGS NJ QLTY | COM | 09254X101 |  | 75774 | 6920 | SH |  | DFND | 1 | 6920 | 0 | 0 |
| BLACKROCK MUNIVEST FD INC | COM | 09253R105 |  | 542606 | 82463 | SH |  | DFND | 1 | 82463 | 0 | 0 |
| BLACKROCK MUNIYIELD FD INC | COM | 09253W104 |  | 963809 | 95997 | SH |  | DFND | 1 | 95997 | 0 | 0 |
| BLACKROCK MUNIYIELD QUALITY | COM | 09254E103 |  | 127159 | 12122 | SH |  | DFND | 1 | 12122 | 0 | 0 |
| NEUBERGER BERMAN MUN FD INC | COM | 64124P101 |  | 273224 | 27795 | SH |  | DFND | 1 | 27795 | 0 | 0 |
| NUVEEN MINN QUALITY MUN INM | SHS | 670734102 |  | 138916 | 12175 | SH |  | DFND | 1 | 12175 | 0 | 0 |
| NUVEEN VIRGINIA QLTY MUNCPL | COM | 67064R102 |  | 61367 | 5450 | SH |  | DFND | 1 | 5450 | 0 | 0 |
| NUVEEN NEW JERSEY QULT MUN F | COM | 67069Y102 |  | 229326 | 20205 | SH |  | DFND | 1 | 20205 | 0 | 0 |
| NUVEEN SELECT TAX-FREE INCOM | SH BEN INT | 67062F100 |  | 193749 | 13790 | SH |  | DFND | 1 | 13790 | 0 | 0 |
| INVESCO MUNI INCOME OPP TRST | COM | 46132X101 |  | 369644 | 64286 | SH |  | DFND | 1 | 64286 | 0 | 0 |
| PIMCO CALIF MUN INCOME FD II | COM | 72200M108 |  | 20925 | 3904 | SH |  | DFND | 1 | 3904 | 0 | 0 |
| FLAHERTY  CRUMRINE PFD INCO | COM | 338480106 |  | 626381 | 55383 | SH |  | DFND | 1 | 55383 | 0 | 0 |
| FLAHERTY  CRUMRINE PFD INCO | COM | 33848E106 |  | 364736 | 39431 | SH |  | DFND | 1 | 39431 | 0 | 0 |
| PIONEER FLOATING RATE FUND I | COM | 72369J102 |  | 78903 | 8035 | SH |  | DFND | 1 | 8035 | 0 | 0 |
| PIMCO MUN INCOME FD | COM | 72200R107 |  | 737144 | 92374 | SH |  | DFND | 1 | 92374 | 0 | 0 |
| PIMCO MUN INCOME FD II | COM | 72200W106 |  | 518855 | 69645 | SH |  | DFND | 1 | 69645 | 0 | 0 |
| PUTNAM MUN OPPORTUNITIES TR | SH BEN INT | 746922103 |  | 178455 | 18044 | SH |  | DFND | 1 | 18044 | 0 | 0 |
| PIMCO MUN INCOME FD III | COM | 72201A103 |  | 32269 | 4704 | SH |  | DFND | 1 | 4704 | 0 | 0 |
| COHEN  STEERS SELECT PFD | COM | 19248Y107 |  | 505675 | 25108 | SH |  | DFND | 1 | 25108 | 0 | 0 |
| PIMCO NEW YORK MUN INCOME FD | COM | 72201E105 |  | 11155 | 2129 | SH |  | DFND | 1 | 2129 | 0 | 0 |
| PIMCO CALIF MUN INCOME FD II | COM | 72201C109 |  | 353446 | 56733 | SH |  | DFND | 1 | 56733 | 0 | 0 |
| RIVERNORTH FLEXIBLE MUN INCO | COM | 76883H104 |  | 90340 | 6476 | SH |  | DFND | 1 | 6476 | 0 | 0 |
| RIVERNORTH FLEXIBLE MUNI INC | COM | 76883Y107 |  | 310501 | 24565 | SH |  | DFND | 1 | 24565 | 0 | 0 |
| RIVERNORTH MANAGED DUR MUN I | COM | 76882H105 |  | 409662 | 30549 | SH |  | DFND | 1 | 30549 | 0 | 0 |
| WESTERN ASSET INTER MUNI FD | COM | 958435109 |  | 330112 | 43898 | SH |  | DFND | 1 | 43898 | 0 | 0 |
| INVESCO BD FD | COM | 46132L107 |  | 1008648 | 65327 | SH |  | DFND | 1 | 65327 | 0 | 0 |
| ABRDN NATL MUN INCOME FD | SH BEN INT | 24610T108 |  | 77366 | 8009 | SH |  | DFND | 1 | 8009 | 0 | 0 |
| WESTERN ASSET PREMIER BD FD | SHS BEN INT | 957664105 |  | 99277 | 9150 | SH |  | DFND | 1 | 9150 | 0 | 0 |
| AMC ENTMT HLDGS INC | CL A NEW | 00165C302 |  | 68550 | 22113 | SH |  | DFND | 1 | 22113 | 0 | 0 |
| B  G FOODS INC NEW | COM | 05508R106 |  | 808932 | 191237 | SH |  | DFND | 1 | 191237 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 5867659 | 208665 | SH |  | DFND | 1 | 208665 | 0 | 0 |
| CHURCHILL DOWNS INC | COM | 171484108 |  | 3512578 | 34778 | SH |  | DFND | 1 | 34778 | 0 | 0 |
| COMMUNITY HEALTH SYS INC NEW | COM | 203668108 |  | 459210 | 135062 | SH |  | DFND | 1 | 135062 | 0 | 0 |
| HANESBRANDS INC | COM | 410345102 |  | 193253 | 42195 | SH |  | DFND | 1 | 42195 | 0 | 0 |
| HERTZ GLOBAL HLDGS INC | COM NEW | 42806J700 |  | 2505906 | 366897 | SH |  | DFND | 1 | 366897 | 0 | 0 |
| OWENS  MINOR INC NEW | COM | 690732102 |  | 2717496 | 298626 | SH |  | DFND | 1 | 298626 | 0 | 0 |
| SONIC AUTOMOTIVE INC | CL A | 83545G102 |  | 1832155 | 22922 | SH |  | DFND | 1 | 22922 | 0 | 0 |
| SCRIPPS E W CO OHIO | CL A NEW | 811054402 |  | 329230 | 111983 | SH |  | DFND | 1 | 111983 | 0 | 0 |
| TRONOX HOLDINGS PLC | SHS | G9087Q102 |  | 722383 | 142482 | SH |  | DFND | 1 | 142482 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 8436719 | 164973 | SH |  | DFND | 1 | 164973 | 0 | 0 |
| BLACKBERRY LTD | NOTE  3.000% 2/1 | 09228FAM5 |  | 59549666 | 42000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BILL HOLDINGS INC | COM | 090043100 |  | 34278 | 741 | SH |  | DFND | 1 | 741 | 0 | 0 |
| COINBASE GLOBAL INC | NOTE  0.500% 6/0 | 19260QAB3 |  | 119398057 | 103085000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 3715802 | 74079 | SH |  | DFND | 1 | 74079 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | NOTE  3.125% 1/1 | 538034BA6 |  | 98096243 | 63884000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MICROSTRATEGY INC | NOTE  0.625% 3/1 | 594972AJ0 |  | 109044410 | 39199000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MICROSTRATEGY INC | NOTE  0.875% 3/1 | 594972AL5 |  | 16005011 | 8500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NIO INC | NOTE  3.875%10/1 | 62914VAJ5 |  | 50441190 | 70650000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NIO INC | NOTE  4.625%10/1 | 62914VAK2 |  | 2543539 | 4000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 1102714 | 321491 | SH |  | DFND | 1 | 321491 | 0 | 0 |
| PG CORP | NOTE  4.250%12/0 | 69331CAL2 |  | 81959113 | 82500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PAGERDUTY INC | NOTE  1.500%10/1 | 69553PAD2 |  | 32017115 | 33500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE  3.625%10/1 | 76954AAD5 |  | 5113432 | 5681000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ZYNEX INC | NOTE  5.000% 5/1 | 98986MAD5 |  | 6082824 | 9500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 1457786 | 31357 | SH |  | DFND | 1 | 31357 | 0 | 0 |
| ARBOR REALTY TRUST INC | COM | 038923108 |  | 18725 | 1750 | SH |  | DFND | 1 | 1750 | 0 | 0 |
| FIRST MAJESTIC SILVER CORP | COM | 32076V103 |  | 7120594 | 861015 | SH |  | DFND | 1 | 861015 | 0 | 0 |
| ANGI INC | CL A NEW | 00183L201 |  | 546094 | 35786 | SH |  | DFND | 1 | 35786 | 0 | 0 |
| GETTY IMAGES HOLDINGS INC | CL A COM | 374275105 |  | 249210 | 150127 | SH |  | DFND | 1 | 150127 | 0 | 0 |
| HUDSON PAC PPTYS INC | COM | 444097109 |  | 626917 | 228802 | SH |  | DFND | 1 | 228802 | 0 | 0 |
| LOANDEPOT INC | COM CL A | 53946R106 |  | 1496884 | 1178649 | SH |  | DFND | 1 | 1178649 | 0 | 0 |
| SALLY BEAUTY HLDGS INC | COM | 79546E104 |  | 1217597 | 131490 | SH |  | DFND | 1 | 131490 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 686460 | 3000 | SH |  | DFND | 1 | 3000 | 0 | 0 |
| BRIGHTSPRING HEALTH SVCS INC | UNIT 02/01/2027 | 10950A205 |  | 35969483 | 435663 | SH |  | DFND | 1 | 435663 | 0 | 0 |
| PG CORP | PFD CONV SER A | 69331C306 |  | 22476911 | 595026 | SH |  | DFND | 1 | 595026 | 0 | 0 |
| ANGEL OAK MORTGAGE REIT INC | COM | 03464Y108 |  | 2112208 | 224226 | SH |  | DFND | 1 | 224226 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 203359 | 6200 | SH |  | DFND | 1 | 6200 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 4186076 | 5370 | SH |  | DFND | 1 | 5370 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 9502798 | 29915 | SH |  | DFND | 1 | 29915 | 0 | 0 |
| ABLE VIEW GLOBAL INC | *W EXP 08/18/202 | G1149B116 |  | 4579 | 275845 | SH |  | DFND | 1 | 275845 | 0 | 0 |
| ABPRO HLDGS INC | *W EXP 11/12/202 | 000847111 |  | 9797 | 473332 | SH |  | DFND | 1 | 473332 | 0 | 0 |
| ALCHEMY INVTS ACQUISITN CORP | *W EXP 11/30/202 | G0232F133 |  | 5645 | 50000 | SH |  | DFND | 1 | 50000 | 0 | 0 |
| ALPHA MODUS HLDGS INC | *W EXP 12/13/202 | 020952115 |  | 21761 | 196046 | SH |  | DFND | 1 | 196046 | 0 | 0 |
| APOLLOMICS INC | *W EXP 04/01/202 | G0411D115 |  | 7414 | 167364 | SH |  | DFND | 1 | 167364 | 0 | 0 |
| ASPIRE BIOPHARMA HLDGS INC | *W EXP 02/14/203 | 738920115 |  | 8758 | 195944 | SH |  | DFND | 1 | 195944 | 0 | 0 |
| ALPHATIME ACQUISITION CORP | RIGHT 03/01/2028 | G0223V139 |  | 52604 | 263549 | SH |  | DFND | 1 | 263549 | 0 | 0 |
| ALPHATIME ACQUISITION CORP | *W EXP 03/01/202 | G0223V121 |  | 8636 | 287889 | SH |  | DFND | 1 | 287889 | 0 | 0 |
| AXIOM INTELLIGENCE AC CORP 1 | UNIT 06/10/2030 | G0750N120 |  | 1563950 | 155000 | SH |  | DFND | 1 | 155000 | 0 | 0 |
| BLUE ACQUISITION CORP. | UNIT 06/02/2030 | G1331A124 |  | 955165 | 95136 | SH |  | DFND | 1 | 95136 | 0 | 0 |
| BAIRD MED INVT HLDGS LTD | *W EXP 10/01/202 | G0705H111 |  | 16475 | 205685 | SH |  | DFND | 1 | 205685 | 0 | 0 |
| BENEFICIENT | *W EXP 06/07/202 | 08178Q119 |  | 153 | 22235 | SH |  | DFND | 1 | 22235 | 0 | 0 |
| BLACK HAWK ACQUISITION CORP | RIGHT 06/20/2025 | G1148A119 |  | 27337 | 19701 | SH |  | DFND | 1 | 19701 | 0 | 0 |
| BLUE WTR ACQUISITION CORP. I | UNIT 05/23/2030 | G1368E122 |  | 1001000 | 100000 | SH |  | DFND | 1 | 100000 | 0 | 0 |
| CAYSON ACQUISITION CORP | RIGHT 99/99/9999 | G1993W117 |  | 34961 | 249728 | SH |  | DFND | 1 | 249728 | 0 | 0 |
| CHURCHILL CAP CORP X | UNIT 05/14/2030 | G2130T124 |  | 1030070 | 100000 | SH |  | DFND | 1 | 100000 | 0 | 0 |
| CONDUIT PHARMACEUTICALS INC | *W EXP 09/22/202 | 20678X114 |  | 2654 | 243532 | SH |  | DFND | 1 | 243532 | 0 | 0 |
| CERO THERAPEUTICS HLDGS INC | *W EXP 02/13/202 | 71902K113 |  | 804 | 33796 | SH |  | DFND | 1 | 33796 | 0 | 0 |
| CHAMPIONSGATE ACQUISITION CO | RIGHT 05/14/2030 | G2124S116 |  | 34607 | 346070 | SH |  | DFND | 1 | 346070 | 0 | 0 |
| CAL REDWOOD ACQUISITION CORP | COM CL A | G17564108 |  | 2925596 | 293440 | SH |  | DFND | 1 | 293440 | 0 | 0 |
| CAL REDWOOD ACQUISITION CORP | RIGHT 05/15/2030 | G17564116 |  | 52228 | 193440 | SH |  | DFND | 1 | 193440 | 0 | 0 |
| CYCURION INC | *W EXP 02/13/203 | 95758L115 |  | 747 | 12466 | SH |  | DFND | 1 | 12466 | 0 | 0 |
| DIGITAL ASSET ACQUISITION CO | *W EXP 04/01/203 | G2868C111 |  | 66937 | 78750 | SH |  | DFND | 1 | 78750 | 0 | 0 |
| CID HOLDCO INC | *W EXP 12/31/202 | 171756117 |  | 1297 | 16427 | SH |  | DFND | 1 | 16427 | 0 | 0 |
| DIH HLDG US INC | *W EXP 04/20/202 | 23290B114 |  | 10250 | 539517 | SH |  | DFND | 1 | 539517 | 0 | 0 |
| DRUGS MADE IN AMER ACQUTN CO | RIGHT 10/15/2029 | G2847J112 |  | 72244 | 601038 | SH |  | DFND | 1 | 601038 | 0 | 0 |
| BIG TREE CLOUD HLDGS LTD | *W EXP 06/07/202 | G1263B116 |  | 4313 | 269613 | SH |  | DFND | 1 | 269613 | 0 | 0 |
| DT CLOUD ACQUISITION CORP | RIGHT 02/14/2029 | G28524133 |  | 17833 | 104900 | SH |  | DFND | 1 | 104900 | 0 | 0 |
| ECD AUTOMOTIVE DESIGN INC | *W EXP 12/12/202 | 27877D112 |  | 11873 | 496807 | SH |  | DFND | 1 | 496807 | 0 | 0 |
| EGH ACQUISITION CORP. | UNIT 99/99/9999 | G2946P126 |  | 1019000 | 100000 | SH |  | DFND | 1 | 100000 | 0 | 0 |
| EMBRACE CHANGE ACQUISITN COR | RIGHT 10/25/2026 | G3034H141 |  | 34716 | 304000 | SH |  | DFND | 1 | 304000 | 0 | 0 |
| EMBRACE CHANGE ACQUISITN COR | *W EXP 10/25/202 | G3034H125 |  | 6080 | 304000 | SH |  | DFND | 1 | 304000 | 0 | 0 |
| FIGX CAP ACQUISITION CORP. | UNIT 06/17/2030 | G3473K126 |  | 2384661 | 238109 | SH |  | DFND | 1 | 238109 | 0 | 0 |
| FOUR LEAF ACQUISITION CORP | *W EXP 03/15/202 | 35088F115 |  | 2630 | 87697 | SH |  | DFND | 1 | 87697 | 0 | 0 |
| FUTURE VISION II ACQUISITION | RIGHT 06/29/2029 | G37068114 |  | 47326 | 249085 | SH |  | DFND | 1 | 249085 | 0 | 0 |
| GIBO HOLDINGS LTD. | *W EXP 05/08/203 | G38617117 |  | 1795 | 51590 | SH |  | DFND | 1 | 51590 | 0 | 0 |
| HORIZON SPACE ACQUSTN I CORP | RIGHT 12/27/2024 | G4619M125 |  | 31725 | 211503 | SH |  | DFND | 1 | 211503 | 0 | 0 |
| HORIZON SPACE ACQUSTN I CORP | *W EXP 12/27/202 | G4619M117 |  | 8521 | 213025 | SH |  | DFND | 1 | 213025 | 0 | 0 |
| HORIZON SPACE ACQUISITION II | RIGHT 03/30/2026 | G4627B111 |  | 31500 | 225000 | SH |  | DFND | 1 | 225000 | 0 | 0 |
| KOCHAV DEFENSE ACQUI CO | UNIT 05/21/2030 | G5304D122 |  | 4991855 | 490600 | SH |  | DFND | 1 | 490600 | 0 | 0 |
| K GROWTH ACQUISITION CORP | RIGHT 08/29/2031 | G52258129 |  | 49507 | 310006 | SH |  | DFND | 1 | 310006 | 0 | 0 |
| CLASSOVER HLDGS INC | *W EXP 04/03/203 | 182744110 |  | 824 | 6197 | SH |  | DFND | 1 | 6197 | 0 | 0 |
| KEEN VISION ACQUISITION CORP | *W EXP 03/15/202 | G52443127 |  | 6912 | 128000 | SH |  | DFND | 1 | 128000 | 0 | 0 |
| K WAVE MEDIA LTD | *W EXP 05/14/203 | G53151125 |  | 59416 | 434969 | SH |  | DFND | 1 | 434969 | 0 | 0 |
| LIGHTWAVE ACQUISITION CORP | UNIT 06/06/2030 | G5490M118 |  | 503000 | 50000 | SH |  | DFND | 1 | 50000 | 0 | 0 |
| MKDWELL TECH INC | *W EXP 07/31/202 | G6209W116 |  | 2135 | 181012 | SH |  | DFND | 1 | 181012 | 0 | 0 |
| MOUNTAIN LAKE ACQUISITION CO | RIGHT 11/15/2028 | G6301B127 |  | 97750 | 575000 | SH |  | DFND | 1 | 575000 | 0 | 0 |
| MURANO GLOBAL INVTS PLC | *W EXP 03/19/202 | G63369113 |  | 38688 | 198400 | SH |  | DFND | 1 | 198400 | 0 | 0 |
| MULTISENSOR AI HOLDINGS INC | *W EXP 12/19/202 | 456948116 |  | 5797 | 179486 | SH |  | DFND | 1 | 179486 | 0 | 0 |
| NEWHOLD INVT CORP III | *W EXP 01/30/203 | G6486E110 |  | 15009 | 46057 | SH |  | DFND | 1 | 46057 | 0 | 0 |
| OAK WOODS ACQUISITION CORP | RIGHT 03/23/2028 | 67190B120 |  | 30350 | 139159 | SH |  | DFND | 1 | 139159 | 0 | 0 |
| OAK WOODS ACQUISITION CORP | *W EXP 99/99/999 | 67190B112 |  | 1174 | 39159 | SH |  | DFND | 1 | 39159 | 0 | 0 |
| ONEMEDNET CORP | *W EXP 11/07/202 | 68270C111 |  | 155 | 5751 | SH |  | DFND | 1 | 5751 | 0 | 0 |
| OSR HLDGS INC | *W EXP 02/09/202 | 68840D110 |  | 6179 | 116373 | SH |  | DFND | 1 | 116373 | 0 | 0 |
| OYSTER ENTERPRISES II ACQUIS | UNIT 05/22/2030 | G6861F120 |  | 329648 | 32574 | SH |  | DFND | 1 | 32574 | 0 | 0 |
| PSYENCE BIOMEDICAL LTD | *W EXP 01/25/202 | 74449F118 |  | 2986 | 147101 | SH |  | DFND | 1 | 147101 | 0 | 0 |
| PELICAN ACQUISITION CORP | SHS | G6993G103 |  | 4540891 | 452731 | SH |  | DFND | 1 | 452731 | 0 | 0 |
| QUARTZSEA ACQUISITION CORP | RIGHT 02/18/2030 | G7314B120 |  | 103700 | 305000 | SH |  | DFND | 1 | 305000 | 0 | 0 |
| RISING DRAGON ACQUISITION CO | RIGHT 11/15/2028 | G7576K115 |  | 5795 | 38100 | SH |  | DFND | 1 | 38100 | 0 | 0 |
| REPUBLIC DIGITAL ACQUISITION | USD CL A ORD SHS | G7515A103 |  | 1082830 | 105539 | SH |  | DFND | 1 | 105539 | 0 | 0 |
| REPUBLIC DIGITAL ACQUISITION | UNIT 99/99/9999 | G7515A111 |  | 10 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| REPUBLIC DIGITAL ACQUISITION | *W EXP 05/01/203 | G7515A129 |  | 49170 | 68293 | SH |  | DFND | 1 | 68293 | 0 | 0 |
| ROADZEN INC | *W EXP 11/30/202 | G7606H116 |  | 9959 | 194905 | SH |  | DFND | 1 | 194905 | 0 | 0 |
| SCAGE FUTURE | *W EXP 05/15/203 | G7840J118 |  | 2231 | 27856 | SH |  | DFND | 1 | 27856 | 0 | 0 |
| SMX SEC MATTERS PLC | *W EXP 03/07/202 | G8267K117 |  | 1346 | 89786 | SH |  | DFND | 1 | 89786 | 0 | 0 |
| SPARK I ACQUISITION CORP | *W EXP 10/01/203 | G8316B118 |  | 7239 | 37202 | SH |  | DFND | 1 | 37202 | 0 | 0 |
| STELLAR V CAP CORP | *W EXP 10/15/202 | G8475V111 |  | 50625 | 187500 | SH |  | DFND | 1 | 187500 | 0 | 0 |
| SPRING VALLEY ACQUISTN CORP | RIGHT 02/25/2026 | G83752132 |  | 49835 | 355971 | SH |  | DFND | 1 | 355971 | 0 | 0 |
| SPRING VALLEY ACQUISTN CORP | *W EXP 02/25/202 | G83752116 |  | 24666 | 176186 | SH |  | DFND | 1 | 176186 | 0 | 0 |
| TRANSLATIONAL DEV ACQUISITIO | *W EXP 12/18/202 | G9008W113 |  | 38812 | 155000 | SH |  | DFND | 1 | 155000 | 0 | 0 |
| TMC THE METALS COMPANY INC | COM | 87261Y106 |  | 32637 | 4945 | SH |  | DFND | 1 | 4945 | 0 | 0 |
| TEVOGEN BIO HLDGS INC | *W EXP 02/14/202 | 88165K119 |  | 14024 | 200638 | SH |  | DFND | 1 | 200638 | 0 | 0 |
| VOYAGER ACQUISITION CORP | UNIT 99/99/9999 | G93A7H120 |  | 10 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| WEN ACQUISITION CORP | UNIT 05/16/2030 | G9R39C129 |  | 1057000 | 100000 | SH |  | DFND | 1 | 100000 | 0 | 0 |
| WILLOW LANE ACQUISITION CORP | UNIT 99/99/9999 | G9675P128 |  | 10 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| YHN ACQUISITION I LTD | RIGHT 08/15/2029 | G1514D127 |  | 33089 | 203000 | SH |  | DFND | 1 | 203000 | 0 | 0 |
| YORKVILLE ACQUISITION CORP. | UNIT 06/06/2030 | G98659108 |  | 787500 | 70000 | SH |  | DFND | 1 | 70000 | 0 | 0 |
| DISTOKEN ACQUISITION CORP | RIGHT 99/99/9999 | G27740136 |  | 3479 | 12000 | SH |  | DFND | 1 | 12000 | 0 | 0 |
| ZEO ENERGY CORP | *W EXP 03/13/202 | 98944F117 |  | 9554 | 149516 | SH |  | DFND | 1 | 149516 | 0 | 0 |
| ZOOZ PWR LTD | *W EXP 04/02/202 | M2573A197 |  | 7851 | 108595 | SH |  | DFND | 1 | 108595 | 0 | 0 |
| ABACUS GLOBAL MGMT INC | *W EXP 06/30/202 | 00258Y112 |  | 61460 | 54875 | SH |  | DFND | 1 | 54875 | 0 | 0 |
| ARCHER AVIATION INC | *W EXP 09/16/202 | 03945R110 |  | 107823 | 33382 | SH |  | DFND | 1 | 33382 | 0 | 0 |
| ADS TEC ENERGY PLC | *W EXP 99/99/999 | G0085J109 |  | 114183 | 57961 | SH |  | DFND | 1 | 57961 | 0 | 0 |
| ALLIANCE ENTERTAINMENT HOLDI | *W EXP 02/10/202 | 01861F110 |  | 22479 | 124884 | SH |  | DFND | 1 | 124884 | 0 | 0 |
| AEVA TECHNOLOGIES INC | *W EXP 03/12/202 | 00835Q111 |  | 139327 | 118074 | SH |  | DFND | 1 | 118074 | 0 | 0 |
| AIRJOULE TECHNOLOGIES CORP | *W EXP 03/15/202 | 612160119 |  | 222093 | 342209 | SH |  | DFND | 1 | 342209 | 0 | 0 |
| AIRSHIP AI HLDGS INC | *W EXP 12/21/202 | 008940116 |  | 274524 | 137952 | SH |  | DFND | 1 | 137952 | 0 | 0 |
| AMBIPAR EMERGENCY RESPONSE | *W EXP 03/06/202 | G02532110 |  | 4121 | 24261 | SH |  | DFND | 1 | 24261 | 0 | 0 |
| ARDAGH METAL PACKAGING S A | *W EXP 08/04/202 | L02235114 |  | 2619 | 87597 | SH |  | DFND | 1 | 87597 | 0 | 0 |
| AMPRIUS TECHNOLOGIES INC | *W EXP 09/14/202 | 03214Q116 |  | 114434 | 220066 | SH |  | DFND | 1 | 220066 | 0 | 0 |
| ALEANNA INC | COM CL A | 01444V103 |  | 835 | 116 | SH |  | DFND | 1 | 116 | 0 | 0 |
| ALEANNA INC | *W EXP 12/13/202 | 01444V111 |  | 21486 | 91430 | SH |  | DFND | 1 | 91430 | 0 | 0 |
| AMPCO-PITTSBURG CORP | *W EXP 08/01/202 | 032037111 |  | 360 | 18988 | SH |  | DFND | 1 | 18988 | 0 | 0 |
| ARBE ROBOTICS LTD | *W EXP 99/99/999 | M1R95N118 |  | 1780 | 5744 | SH |  | DFND | 1 | 5744 | 0 | 0 |
| ARKO CORP | *W EXP 12/22/202 | 041242116 |  | 1193 | 93986 | SH |  | DFND | 1 | 93986 | 0 | 0 |
| ARQIT QUANTUM INC | *W EXP 09/03/202 | G0567U119 |  | 14881 | 16466 | SH |  | DFND | 1 | 16466 | 0 | 0 |
| ALGOMA STL GROUP INC | *W EXP 10/19/202 | 015658115 |  | 1859 | 3646 | SH |  | DFND | 1 | 3646 | 0 | 0 |
| AURORA INNOVATION INC | *W EXP 11/03/202 | 051774115 |  | 186561 | 214439 | SH |  | DFND | 1 | 214439 | 0 | 0 |
| BRIDGER AEROSPACE GRP HLDGS | *W EXP 01/24/202 | 96812F110 |  | 2888 | 37270 | SH |  | DFND | 1 | 37270 | 0 | 0 |
| BIGBEAR AI HLDGS INC | COM | 08975B109 |  | 166898 | 24580 | SH |  | DFND | 1 | 24580 | 0 | 0 |
| BUTTERFLY NETWORK INC | *W EXP 02/12/202 | 124155110 |  | 9444 | 156631 | SH |  | DFND | 1 | 156631 | 0 | 0 |
| BAKKT HOLDINGS INC | COM CL A NEW | 05759B305 |  | 1687 | 121 | SH |  | DFND | 1 | 121 | 0 | 0 |
| BLADE AIR MOBILITY INC | *W EXP 05/07/202 | 092667112 |  | 17256 | 82056 | SH |  | DFND | 1 | 82056 | 0 | 0 |
| BRAND ENGAGEMENT NETWORK INC | *W EXP 03/14/202 | 104932116 |  | 649 | 21585 | SH |  | DFND | 1 | 21585 | 0 | 0 |
| BOREALIS FOODS INC | *W EXP 02/07/202 | 09973D113 |  | 24430 | 271151 | SH |  | DFND | 1 | 271151 | 0 | 0 |
| BITCOIN DEPOT INC | *W EXP 06/30/202 | 09174P113 |  | 70927 | 178254 | SH |  | DFND | 1 | 178254 | 0 | 0 |
| WEBULL CORP | ORD SHS | G9572D103 |  | 352018 | 29433 | SH |  | DFND | 1 | 29433 | 0 | 0 |
| BLAIZE HLDGS INC | *W EXP 01/13/203 | 092915115 |  | 52107 | 135626 | SH |  | DFND | 1 | 135626 | 0 | 0 |
| BUZZFEED INC | *W EXP 12/03/202 | 12430A110 |  | 8547 | 106184 | SH |  | DFND | 1 | 106184 | 0 | 0 |
| CAPTIVISION INC | *W EXP 11/15/202 | G18932114 |  | 5402 | 244441 | SH |  | DFND | 1 | 244441 | 0 | 0 |
| CARDIO DIAGNOSTICS HOLDGS IN | COM NEW | 14159C202 |  | 374 | 104 | SH |  | DFND | 1 | 104 | 0 | 0 |
| CODERE ONLINE LUXEMBOURG S A | ORDINARY SHARES | L18268109 |  | 2861 | 337 | SH |  | DFND | 1 | 337 | 0 | 0 |
| CIPHER MINING INC | *W EXP 08/27/202 | 17253J114 |  | 19354 | 25737 | SH |  | DFND | 1 | 25737 | 0 | 0 |
| CLEANSPARK INC | COM NEW | 18452B209 |  | 33 | 3 | SH |  | DFND | 1 | 3 | 0 | 0 |
| COMPOSECURE INC | COM CL A | 20459V105 |  | 248420 | 17631 | SH |  | DFND | 1 | 17631 | 0 | 0 |
| COINCHECK GROUP NV | *W EXP 12/11/202 | N20967100 |  | 71042 | 81658 | SH |  | DFND | 1 | 81658 | 0 | 0 |
| ENVOY MEDICAL INC | *W EXP 09/29/202 | 29415V117 |  | 2369 | 67115 | SH |  | DFND | 1 | 67115 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | *W EXP 01/23/202 | 21874A114 |  | 3391196 | 312841 | SH |  | DFND | 1 | 312841 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | *W EXP 01/23/202 | 21874A130 |  | 22390 | 1301 | SH |  | DFND | 1 | 1301 | 0 | 0 |
| CRITICAL METALS CORP | *W EXP 02/27/202 | G2662B111 |  | 77726 | 170379 | SH |  | DFND | 1 | 170379 | 0 | 0 |
| CURIOSITYSTREAM INC | *W EXP 10/14/202 | 23130Q115 |  | 12907 | 276396 | SH |  | DFND | 1 | 276396 | 0 | 0 |
| CXAPP INC | *W EXP 99/99/999 | 23248B117 |  | 77495 | 1043003 | SH |  | DFND | 1 | 1043003 | 0 | 0 |
| DAVE INC | *W EXP 01/05/202 | 23834J110 |  | 363589 | 200878 | SH |  | DFND | 1 | 200878 | 0 | 0 |
| TRUMP MEDIA  TECHNOLOGY GRO | *W EXP 03/25/202 | 25400Q113 |  | 2053818 | 179844 | SH |  | DFND | 1 | 179844 | 0 | 0 |
| EOS ENERGY ENTERPRISES INC | *W EXP 11/17/202 | 29415C119 |  | 4068 | 8656 | SH |  | DFND | 1 | 8656 | 0 | 0 |
| ESTRELLA IMMUNOPHARMA INC | *W EXP 09/29/202 | 297584112 |  | 104 | 2191 | SH |  | DFND | 1 | 2191 | 0 | 0 |
| EVE HLDG INC | *W EXP 05/09/202 | 29970N112 |  | 17789 | 19295 | SH |  | DFND | 1 | 19295 | 0 | 0 |
| EVGO INC | *W EXP 07/01/202 | 30052F118 |  | 10133 | 46061 | SH |  | DFND | 1 | 46061 | 0 | 0 |
| EVOLV TECHNOLOGIES HLDNGS IN | *W EXP 07/16/202 | 30049H110 |  | 114799 | 208726 | SH |  | DFND | 1 | 208726 | 0 | 0 |
| EXPAND ENERGY CORPORATION | *W EXP 02/09/202 | 165167164 |  | 140987 | 1253 | SH |  | DFND | 1 | 1253 | 0 | 0 |
| EXPAND ENERGY CORPORATION | *W EXP 02/09/202 | 165167172 |  | 4670273 | 41606 | SH |  | DFND | 1 | 41606 | 0 | 0 |
| EXPAND ENERGY CORPORATION | *W EXP 02/09/202 | 165167180 |  | 3038369 | 26650 | SH |  | DFND | 1 | 26650 | 0 | 0 |
| DIGIASIA CORP | *W EXP 04/02/202 | G27617110 |  | 13268 | 265893 | SH |  | DFND | 1 | 265893 | 0 | 0 |
| FALCONS BEYOND GLOBAL INC | *W EXP 03/16/202 | 306121112 |  | 42504 | 52475 | SH |  | DFND | 1 | 52475 | 0 | 0 |
| FOLD HLDGS INC | *W EXP 02/14/203 | 29103K118 |  | 15200 | 21409 | SH |  | DFND | 1 | 21409 | 0 | 0 |
| FLYEXCLUSIVE INC | *W EXP 99/99/999 | 343928115 |  | 2608 | 26087 | SH |  | DFND | 1 | 26087 | 0 | 0 |
| FOXX DEV HLDGS INC | *W EXP 09/26/202 | 351665112 |  | 1216 | 8686 | SH |  | DFND | 1 | 8686 | 0 | 0 |
| BITFUFU INC | *W EXP 03/01/202 | G1152A120 |  | 15562 | 51447 | SH |  | DFND | 1 | 51447 | 0 | 0 |
| GCL GLOBAL HLDGS LTD | *W EXP 02/13/203 | G3777K111 |  | 151 | 1613 | SH |  | DFND | 1 | 1613 | 0 | 0 |
| GCM GROSVENOR INC | *W EXP 11/17/202 | 36831E116 |  | 260993 | 407803 | SH |  | DFND | 1 | 407803 | 0 | 0 |
| GCT SEMICONDUCTOR HLDG INC | *W EXP 03/01/202 | 36170N115 |  | 6488 | 66960 | SH |  | DFND | 1 | 66960 | 0 | 0 |
| GDEV INC | *W EXP 99/99/999 | G6529J118 |  | 3520 | 268738 | SH |  | DFND | 1 | 268738 | 0 | 0 |
| ESS TECH INC | *W EXP 10/08/202 | 26916J114 |  | 95 | 2389 | SH |  | DFND | 1 | 2389 | 0 | 0 |
| NEW HORIZON AIRCRAFT LTD | COM | 64550A107 |  | 6525 | 3816 | SH |  | DFND | 1 | 3816 | 0 | 0 |
| HELPORT AI LTD | ORD SHS | G4R52R103 |  | 2001 | 417 | SH |  | DFND | 1 | 417 | 0 | 0 |
| HERTZ GLOBAL HLDGS INC | *W EXP 06/30/205 | 42806J148 |  | 40796 | 11177 | SH |  | DFND | 1 | 11177 | 0 | 0 |
| HUMACYTE INC | *W EXP 08/27/202 | 44486Q111 |  | 12739 | 31849 | SH |  | DFND | 1 | 31849 | 0 | 0 |
| TRILLER GROUP INC | *W EXP 03/15/202 | 895970119 |  | 422 | 4702 | SH |  | DFND | 1 | 4702 | 0 | 0 |
| IONQ INC | COM | 46222L108 |  | 802378 | 18673 | SH |  | DFND | 1 | 18673 | 0 | 0 |
| JOBY AVIATION INC | *W EXP 08/10/202 | G65163118 |  | 81907 | 34128 | SH |  | DFND | 1 | 34128 | 0 | 0 |
| NAUTICUS ROBOTICS INC | *W EXP 03/15/202 | 63911H116 |  | 272 | 2761 | SH |  | DFND | 1 | 2761 | 0 | 0 |
| KLOTHO NEUROSCIENCES INC | COM | 49876K103 |  | 14305 | 12660 | SH |  | DFND | 1 | 12660 | 0 | 0 |
| KATAPULT HOLDINGS INC | *W EXP 06/09/202 | 485859110 |  | 397 | 49694 | SH |  | DFND | 1 | 49694 | 0 | 0 |
| LANVIN GROUP HOLDINGS LIMITE | *W EXP 01/14/202 | G5380J118 |  | 2331 | 122728 | SH |  | DFND | 1 | 122728 | 0 | 0 |
| LIMINATUS PHARMA INC. | *W EXP 04/30/203 | 53271X116 |  | 24706 | 102987 | SH |  | DFND | 1 | 102987 | 0 | 0 |
| LEMONADE INC | *W EXP 02/09/202 | 52567D115 |  | 321 | 3839 | SH |  | DFND | 1 | 3839 | 0 | 0 |
| LANZATECH GLOBAL INC | *W EXP 01/01/202 | 51655R119 |  | 1035 | 39069 | SH |  | DFND | 1 | 39069 | 0 | 0 |
| LOTUS TECHNOLOGY INC | *W EXP 02/22/202 | 54572F119 |  | 35695 | 339954 | SH |  | DFND | 1 | 339954 | 0 | 0 |
| LAVORO LTD | *W EXP 02/27/202 | G5391L110 |  | 5072 | 142884 | SH |  | DFND | 1 | 142884 | 0 | 0 |
| SPECTRAL AI INC | *W EXP 99/99/999 | 84757T113 |  | 21519 | 30742 | SH |  | DFND | 1 | 30742 | 0 | 0 |
| MOOLEC SCIENCE SA | *W EXP 12/30/202 | L64875112 |  | 501 | 30793 | SH |  | DFND | 1 | 30793 | 0 | 0 |
| MOBIX LABS INC | *W EXP 99/99/999 | 60743G118 |  | 443 | 4436 | SH |  | DFND | 1 | 4436 | 0 | 0 |
| MICROVAST HOLDINGS INC | *W EXP 04/01/202 | 59516C114 |  | 52016 | 141734 | SH |  | DFND | 1 | 141734 | 0 | 0 |
| NAMIB MINERALS | *W EXP 06/05/203 | G63638111 |  | 75000 | 384618 | SH |  | DFND | 1 | 384618 | 0 | 0 |
| NEWAMSTERDAM PHARMA COMPANY | *W EXP 99/99/999 | N62509117 |  | 16728 | 2091 | SH |  | DFND | 1 | 2091 | 0 | 0 |
| NIOCORP DEVS LTD | *W EXP 03/17/202 | 654484153 |  | 39408 | 77668 | SH |  | DFND | 1 | 77668 | 0 | 0 |
| NOBLE CORP PLC | *W EXP 02/04/202 | G65431150 |  | 181454 | 25202 | SH |  | DFND | 1 | 25202 | 0 | 0 |
| NEW ERA HELIUM INC | *W EXP 12/10/202 | 64428N117 |  | 833 | 8973 | SH |  | DFND | 1 | 8973 | 0 | 0 |
| NATIONAL ENERGY SERVICES REU | SHS | G6375R107 |  | 7946 | 1320 | SH |  | DFND | 1 | 1320 | 0 | 0 |
| NEXTNAV INC | *W EXP 99/99/999 | 65345N114 |  | 372452 | 58654 | SH |  | DFND | 1 | 58654 | 0 | 0 |
| FISCALNOTE HOLDINGS INC | *W EXP 07/29/202 | 337655112 |  | 18356 | 184670 | SH |  | DFND | 1 | 184670 | 0 | 0 |
| NRX PHARMACEUTICALS INC | *W EXP 05/24/202 | 629444118 |  | 1853 | 21778 | SH |  | DFND | 1 | 21778 | 0 | 0 |
| NUKKLEUS INC | *W EXP 12/04/202 | 67054R112 |  | 5005 | 41751 | SH |  | DFND | 1 | 41751 | 0 | 0 |
| NUVATION BIO INC | COM CL A | 67080N101 |  | 7934 | 4069 | SH |  | DFND | 1 | 4069 | 0 | 0 |
| OMNIAB INC | COM | 68218J103 |  | 1332 | 766 | SH |  | DFND | 1 | 766 | 0 | 0 |
| OMNIAB INC | *W EXP 99/99/999 | 68218J111 |  | 38 | 224 | SH |  | DFND | 1 | 224 | 0 | 0 |
| OCULIS HOLDING AG | *W EXP 03/06/202 | H5870P110 |  | 13333 | 1564 | SH |  | DFND | 1 | 1564 | 0 | 0 |
| OPPFI INC | COM CL A | 68386H103 |  | 209808 | 14997 | SH |  | DFND | 1 | 14997 | 0 | 0 |
| SYNTEC OPTICS HLDGS INC | *W EXP 99/99/999 | 87169M113 |  | 8255 | 94999 | SH |  | DFND | 1 | 94999 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 791636 | 18844 | SH |  | DFND | 1 | 18844 | 0 | 0 |
| PURECYCLE TECHNOLOGIES INC | *W EXP 03/17/202 | 74623V111 |  | 719228 | 165340 | SH |  | DFND | 1 | 165340 | 0 | 0 |
| PALLADYNE AI CORP | COM NEW | 80359A205 |  | 2788 | 322 | SH |  | DFND | 1 | 322 | 0 | 0 |
| PAGAYA TECHNOLOGIES LTD | *W EXP 99/99/999 | M7S64L107 |  | 2 | 12 | SH |  | DFND | 1 | 12 | 0 | 0 |
| P3 HEALTH PARTNERS INC | *W EXP 11/19/202 | 744413113 |  | 57 | 5094 | SH |  | DFND | 1 | 5094 | 0 | 0 |
| POLESTAR AUTOMOTIVE HLDG UK | ADS C-1 | 731105102 |  | 1106 | 7676 | SH |  | DFND | 1 | 7676 | 0 | 0 |
| QUANTUM SI INC | COM CL A | 74765K105 |  | 32341 | 16501 | SH |  | DFND | 1 | 16501 | 0 | 0 |
| QXO INC | 5.50 DEP PFD | 82846H504 |  | 10583781 | 172067 | SH |  | DFND | 1 | 172067 | 0 | 0 |
| RAIN ENHANCEMENT TECHNOLOGIE | *W EXP 12/31/202 | 75080J111 |  | 7940 | 77469 | SH |  | DFND | 1 | 77469 | 0 | 0 |
| REDWIRE CORPORATION | COM | 75776W103 |  | 2119 | 130 | SH |  | DFND | 1 | 130 | 0 | 0 |
| REAL MESSENGER CORP. | *W EXP 11/19/202 | G7410G114 |  | 3489 | 77720 | SH |  | DFND | 1 | 77720 | 0 | 0 |
| RESERVOIR MEDIA INC | *W EXP 08/26/202 | 76119X113 |  | 73195 | 58556 | SH |  | DFND | 1 | 58556 | 0 | 0 |
| RUMBLE INC | *W EXP 09/16/202 | 78137L113 |  | 15503 | 5000 | SH |  | DFND | 1 | 5000 | 0 | 0 |
| REVIVA PHARMACEUTCLS HLDGS I | COM | 76152G100 |  | 168 | 442 | SH |  | DFND | 1 | 442 | 0 | 0 |
| REZOLVE AI PLC | ORD SHS | G75398100 |  | 67440 | 21932 | SH |  | DFND | 1 | 21932 | 0 | 0 |
| SAB BIOTHERAPEUTICS INC | *W EXP 10/22/202 | 78397T111 |  | 153 | 4620 | SH |  | DFND | 1 | 4620 | 0 | 0 |
| SATELLOGIC INC | *W EXP 01/25/202 | 80401C118 |  | 36479 | 84837 | SH |  | DFND | 1 | 84837 | 0 | 0 |
| SATIXFY COMMUNICATIONS LTD | ORD SHS | M82363124 |  | 879 | 300 | SH |  | DFND | 1 | 300 | 0 | 0 |
| SUNCAR TECHNOLOGY GROUP INC | *W EXP 05/17/202 | G85727116 |  | 18519 | 264564 | SH |  | DFND | 1 | 264564 | 0 | 0 |
| SES AI CORPORATION | *W EXP 12/10/202 | 78397Q117 |  | 288 | 2670 | SH |  | DFND | 1 | 2670 | 0 | 0 |
| SKY HARBOUR GROUP CORPORATIO | *W EXP 01/25/202 | 83085C115 |  | 608047 | 357675 | SH |  | DFND | 1 | 357675 | 0 | 0 |
| SOLID POWER INC | *W EXP 12/08/202 | 83422N113 |  | 3291 | 9973 | SH |  | DFND | 1 | 9973 | 0 | 0 |
| SOUTHLAND HLDGS INC | *W EXP 02/14/202 | 84445C118 |  | 6678 | 20871 | SH |  | DFND | 1 | 20871 | 0 | 0 |
| SOUNDHOUND AI INC | *W EXP 04/26/202 | 836100115 |  | 60142 | 13365 | SH |  | DFND | 1 | 13365 | 0 | 0 |
| COMPLETE SOLARIA INC | COM | 20460L104 |  | 3794 | 2062 | SH |  | DFND | 1 | 2062 | 0 | 0 |
| TALKSPACE INC | *W EXP 06/21/202 | 87427V111 |  | 8666 | 131119 | SH |  | DFND | 1 | 131119 | 0 | 0 |
| T1 ENERGY INC | *W EXP 07/09/202 | 35834F112 |  | 5387 | 36526 | SH |  | DFND | 1 | 36526 | 0 | 0 |
| GENERATION ESSENTIALS GROUP | *W EXP 02/15/202 | G38268119 |  | 58125 | 145313 | SH |  | DFND | 1 | 145313 | 0 | 0 |
| THE ONCOLOGY INSTITUTE INC | *W EXP 99/99/999 | 68236X118 |  | 9827 | 191565 | SH |  | DFND | 1 | 191565 | 0 | 0 |
| USA RARE EARTH INC | *W EXP 03/13/203 | 91733P115 |  | 435542 | 183001 | SH |  | DFND | 1 | 183001 | 0 | 0 |
| VALARIS LTD | *W EXP 04/29/202 | G9460G119 |  | 29393 | 7615 | SH |  | DFND | 1 | 7615 | 0 | 0 |
| VEEA INC | *W EXP 09/13/202 | 693489114 |  | 13259 | 97494 | SH |  | DFND | 1 | 97494 | 0 | 0 |
| VINFAST AUTO LTD | *W EXP 08/11/202 | Y9390M111 |  | 22933 | 83395 | SH |  | DFND | 1 | 83395 | 0 | 0 |
| VERDE CLEAN FUELS INC | *W EXP 02/15/202 | 923372114 |  | 19128 | 111664 | SH |  | DFND | 1 | 111664 | 0 | 0 |
| GENEDX HOLDINGS CORP | *W EXP 07/22/202 | 81663L119 |  | 2516 | 34764 | SH |  | DFND | 1 | 34764 | 0 | 0 |
| ENGENE HOLDINGS INC | COM | 29286M105 |  | 23154 | 6361 | SH |  | DFND | 1 | 6361 | 0 | 0 |
| GORILLA TECHNOLOGY GROUP INC | SHS NEW | G4000K175 |  | 22833 | 1148 | SH |  | DFND | 1 | 1148 | 0 | 0 |
| TRILLER GROUP INC | COM | 895970101 |  | 119 | 128 | SH |  | DFND | 1 | 128 | 0 | 0 |
| D-WAVE QUANTUM INC | COM | 26740W109 |  | 1293663 | 88365 | SH |  | DFND | 1 | 88365 | 0 | 0 |
| RIGETTI COMPUTING INC | COMMON STOCK | 76655K103 |  | 127744 | 10771 | SH |  | DFND | 1 | 10771 | 0 | 0 |
| WALDENCAST PLC | CLASS A ORD SHS | G9503X103 |  | 5027 | 2052 | SH |  | DFND | 1 | 2052 | 0 | 0 |
| CALAMOS DYNAMIC CONV  INCOM | COM | 12811V105 |  | 1024760 | 50818 | SH |  | DFND | 1 | 50818 | 0 | 0 |
| GABELLI MULTIMEDIA TR INC | COM | 36239Q109 |  | 362651 | 87809 | SH |  | DFND | 1 | 87809 | 0 | 0 |
| GABELLI GLOBL UTIL  INCOME | COM SH BEN INT | 36242L105 |  | 94235 | 5445 | SH |  | DFND | 1 | 5445 | 0 | 0 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 155904 | 2800 | SH |  | DFND | 1 | 2800 | 0 | 0 |
| SPDR INDEX SHS FDS | DJ GLB RL ES ETF | 78463X749 |  | 988427 | 22393 | SH |  | DFND | 1 | 22393 | 0 | 0 |
| HANCOCK JOHN PFD INCOME FD I | COM | 41013X106 |  | 112013 | 7085 | SH |  | DFND | 1 | 7085 | 0 | 0 |
| ADIENT PLC | ORD SHS | G0084W101 |  | 2185182 | 112291 | SH |  | DFND | 1 | 112291 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 66018 | 695 | SH |  | DFND | 1 | 695 | 0 | 0 |
| ARDAGH METAL PACKAGING S A | SHS | L02235106 |  | 545267 | 127399 | SH |  | DFND | 1 | 127399 | 0 | 0 |
| AMC NETWORKS INC | CL A | 00164V103 |  | 270688 | 43172 | SH |  | DFND | 1 | 43172 | 0 | 0 |
| AMENTUM HOLDINGS INC | COM | 023939101 |  | 1606424 | 68040 | SH |  | DFND | 1 | 68040 | 0 | 0 |
| APOLLO COML REAL EST FIN INC | COM | 03762U105 |  | 1729177 | 178634 | SH |  | DFND | 1 | 178634 | 0 | 0 |
| ARCHROCK INC | COM | 03957W106 |  | 37344 | 1504 | SH |  | DFND | 1 | 1504 | 0 | 0 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 46692 | 1042 | SH |  | DFND | 1 | 1042 | 0 | 0 |
| ADTALEM GLOBAL ED INC | COM | 00737L103 |  | 11577 | 91 | SH |  | DFND | 1 | 91 | 0 | 0 |
| ATKORE INC | COM | 047649108 |  | 627895 | 8900 | SH |  | DFND | 1 | 8900 | 0 | 0 |
| ALTICE USA INC | CL A | 02156K103 |  | 1017443 | 475441 | SH |  | DFND | 1 | 475441 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 560515 | 677 | SH |  | DFND | 1 | 677 | 0 | 0 |
| BALLYS CORPORATION | COMMON STOCK | 05875B304 |  | 157763 | 16468 | SH |  | DFND | 1 | 16468 | 0 | 0 |
| CHEMOURS CO | COM | 163851108 |  | 1027271 | 89718 | SH |  | DFND | 1 | 89718 | 0 | 0 |
| CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 |  | 1597246 | 1365168 | SH |  | DFND | 1 | 1365168 | 0 | 0 |
| CARDLYTICS INC | NOTE  4.250% 4/0 | 14161WAD7 |  | 6229081 | 14879000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 1519247 | 199901 | SH |  | DFND | 1 | 199901 | 0 | 0 |
| CLARIVATE PLC | ORD SHS | G21810109 |  | 631872 | 146947 | SH |  | DFND | 1 | 146947 | 0 | 0 |
| CIMPRESS PLC | SHS EURO | G2143T103 |  | 1538310 | 32730 | SH |  | DFND | 1 | 32730 | 0 | 0 |
| CINEMARK HLDGS INC | NOTE  4.500% 8/1 | 17243VAB8 |  | 63552331 | 29999000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| COMPASS DIVERSIFIED | SH BEN INT | 20451Q104 |  | 1884000 | 300000 | SH |  | DFND | 1 | 300000 | 0 | 0 |
| MR COOPER GROUP INC | COM | 62482R107 |  | 2969428 | 19901 | SH |  | DFND | 1 | 19901 | 0 | 0 |
| COOPER STD HLDGS INC | COM | 21676P103 |  | 655599 | 30493 | SH |  | DFND | 1 | 30493 | 0 | 0 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 27638 | 100 | SH |  | DFND | 1 | 100 | 0 | 0 |
| CAPITAL SOUTHWEST CORP | NOTE  5.125%11/1 | 140501AE7 |  | 14542316 | 14834000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CAESARS ENTERTAINMENT INC NE | COM | 12769G100 |  | 3105127 | 109374 | SH |  | DFND | 1 | 109374 | 0 | 0 |
| DIVERSIFIED HEALTHCARE TR | COM SH BEN INT | 25525P107 |  | 1414837 | 395206 | SH |  | DFND | 1 | 395206 | 0 | 0 |
| ENERGIZER HLDGS INC NEW | COM | 29272W109 |  | 2034587 | 100922 | SH |  | DFND | 1 | 100922 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 12278 | 105 | SH |  | DFND | 1 | 105 | 0 | 0 |
| FIRSTCASH HOLDINGS INC | COM | 33768G107 |  | 266901 | 1975 | SH |  | DFND | 1 | 1975 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 1085316 | 3798 | SH |  | DFND | 1 | 3798 | 0 | 0 |
| FRESHPET INC | NOTE  3.000% 4/0 | 358039AB1 |  | 86874087 | 69814000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| FORTUNA MNG CORP | NOTE  3.750% 6/3 | 349915AE8 |  | 31978036 | 24665000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 21282 | 185 | SH |  | DFND | 1 | 185 | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORP | COM | 83001C108 |  | 588333 | 19334 | SH |  | DFND | 1 | 19334 | 0 | 0 |
| GAP INC | COM | 364760108 |  | 2003139 | 91845 | SH |  | DFND | 1 | 91845 | 0 | 0 |
| GATES INDL CORP PLC | ORD SHS | G39108108 |  | 7738 | 336 | SH |  | DFND | 1 | 336 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 1208201 | 7338 | SH |  | DFND | 1 | 7338 | 0 | 0 |
| GRAY MEDIA INC | COM | 389375106 |  | 976803 | 215630 | SH |  | DFND | 1 | 215630 | 0 | 0 |
| HOWARD HUGHES HOLDINGS INC | COM | 44267T102 |  | 262575 | 3890 | SH |  | DFND | 1 | 3890 | 0 | 0 |
| HERBALIFE LTD | COM SHS | G4412G101 |  | 1949533 | 226164 | SH |  | DFND | 1 | 226164 | 0 | 0 |
| ANYWHERE REAL ESTATE INC | COM | 75605Y106 |  | 1596427 | 441002 | SH |  | DFND | 1 | 441002 | 0 | 0 |
| HERC HLDGS INC | COM | 42704L104 |  | 1754110 | 13320 | SH |  | DFND | 1 | 13320 | 0 | 0 |
| H WORLD GROUP LTD | NOTE  3.000% 5/0 | 44332NAB2 |  | 14872839 | 14000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| IHEARTMEDIA INC | COM CL A | 45174J509 |  | 972116 | 552339 | SH |  | DFND | 1 | 552339 | 0 | 0 |
| INSEEGO CORP | COM NEW | 45782B302 |  | 2679120 | 325136 | SH |  | DFND | 1 | 325136 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 2541889 | 24782 | SH |  | DFND | 1 | 24782 | 0 | 0 |
| JD.COM INC | NOTE  0.250% 6/0 | 47215PAJ5 |  | 22418001 | 21500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| JELD-WEN HLDG INC | COM | 47580P103 |  | 640281 | 163337 | SH |  | DFND | 1 | 163337 | 0 | 0 |
| KOHLS CORP | COM | 500255104 |  | 517076 | 60976 | SH |  | DFND | 1 | 60976 | 0 | 0 |
| LCI INDS | COM | 50189K103 |  | 15319 | 168 | SH |  | DFND | 1 | 168 | 0 | 0 |
| LIONSGATE STUDIOS CORP | COM | 53626N102 |  | 189818 | 32671 | SH |  | DFND | 1 | 32671 | 0 | 0 |
| MATIV HOLDINGS INC | COM | 808541106 |  | 1136607 | 166658 | SH |  | DFND | 1 | 166658 | 0 | 0 |
| MERCER INTL INC | COM | 588056101 |  | 5187 | 1482 | SH |  | DFND | 1 | 1482 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 168235 | 4892 | SH |  | DFND | 1 | 4892 | 0 | 0 |
| MGP INGREDIENTS INC NEW | COM | 55303J106 |  | 3236 | 108 | SH |  | DFND | 1 | 108 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 376888 | 12201 | SH |  | DFND | 1 | 12201 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 1665495 | 82125 | SH |  | DFND | 1 | 82125 | 0 | 0 |
| ENVIRI CORP | COM | 415864107 |  | 1990679 | 229341 | SH |  | DFND | 1 | 229341 | 0 | 0 |
| OIL STS INTL INC | NOTE  4.750% 4/0 | 678026AK1 |  | 13567275 | 13747000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| OLIN CORP | COM PAR $1 | 680665205 |  | 1341891 | 66794 | SH |  | DFND | 1 | 66794 | 0 | 0 |
| ORMAT TECHNOLOGIES INC | COM | 686688102 |  | 586 | 7 | SH |  | DFND | 1 | 7 | 0 | 0 |
| PITNEY BOWES INC | COM | 724479100 |  | 750760 | 68814 | SH |  | DFND | 1 | 68814 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 88542 | 846 | SH |  | DFND | 1 | 846 | 0 | 0 |
| PENN ENTERTAINMENT INC | COM | 707569109 |  | 1188819 | 66526 | SH |  | DFND | 1 | 66526 | 0 | 0 |
| PERFORMANCE FOOD GROUP CO | COM | 71377A103 |  | 30527 | 349 | SH |  | DFND | 1 | 349 | 0 | 0 |
| PENNYMAC FINL SVCS INC NEW | COM | 70932M107 |  | 131126 | 1316 | SH |  | DFND | 1 | 1316 | 0 | 0 |
| PHINIA INC | COMMON STOCK | 71880K101 |  | 215287 | 4839 | SH |  | DFND | 1 | 4839 | 0 | 0 |
| PLAYTIKA HLDG CORP | COM | 72815L107 |  | 1210950 | 256015 | SH |  | DFND | 1 | 256015 | 0 | 0 |
| PINNACLE WEST CAP CORP | NOTE  4.750% 6/1 | 723484AK7 |  | 61737654 | 57000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PRA GROUP INC | COM | 69354N106 |  | 1247673 | 84588 | SH |  | DFND | 1 | 84588 | 0 | 0 |
| PROG HOLDINGS INC | COM NPV | 74319R101 |  | 9245 | 315 | SH |  | DFND | 1 | 315 | 0 | 0 |
| PARSONS CORP DEL | NOTE  2.625% 3/0 | 70202LAD4 |  | 2524444 | 2363000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 718119 | 10833 | SH |  | DFND | 1 | 10833 | 0 | 0 |
| RB GLOBAL INC | COM | 74935Q107 |  | 107358 | 1011 | SH |  | DFND | 1 | 1011 | 0 | 0 |
| REXFORD INDL RLTY INC | COM | 76169C100 |  | 861967 | 24233 | SH |  | DFND | 1 | 24233 | 0 | 0 |
| RYMAN HOSPITALITY PPTYS INC | COM | 78377T107 |  | 105971 | 1074 | SH |  | DFND | 1 | 1074 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 621954 | 55089 | SH |  | DFND | 1 | 55089 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 296891 | 7300 | SH |  | DFND | 1 | 7300 | 0 | 0 |
| SABRE CORP | COM | 78573M104 |  | 4035 | 1277 | SH |  | DFND | 1 | 1277 | 0 | 0 |
| SINCLAIR INC | CL A | 829242106 |  | 614796 | 44486 | SH |  | DFND | 1 | 44486 | 0 | 0 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 574250 | 25000 | SH |  | DFND | 1 | 25000 | 0 | 0 |
| SPIRIT AEROSYSTEMS HLDGS INC | COM CL A | 848574109 |  | 2657757 | 69666 | SH |  | DFND | 1 | 69666 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 573058 | 6921 | SH |  | DFND | 1 | 6921 | 0 | 0 |
| SSR MINING IN | NOTE  2.500% 4/0 | 784730AB9 |  | 20823833 | 20042000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| STARZ ENTERTAINMENT CORP. | COM | 855919106 |  | 308383 | 19190 | SH |  | DFND | 1 | 19190 | 0 | 0 |
| STARWOOD PPTY TR INC | NOTE  6.750% 7/1 | 85571BBA2 |  | 18473489 | 17415000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SERVICE PPTYS TR | COM SH BEN INT | 81761L102 |  | 990215 | 414316 | SH |  | DFND | 1 | 414316 | 0 | 0 |
| SUNCOKE ENERGY INC | COM | 86722A103 |  | 7731 | 900 | SH |  | DFND | 1 | 900 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 1811082 | 1191 | SH |  | DFND | 1 | 1191 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 150823 | 8999 | SH |  | DFND | 1 | 8999 | 0 | 0 |
| TRINET GROUP INC | COM | 896288107 |  | 940507 | 12859 | SH |  | DFND | 1 | 12859 | 0 | 0 |
| TETRA TECH INC NEW | DBCV  2.250% 8/1 | 88162GAB9 |  | 17800396 | 15825000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| TXNM ENERGY INC | NOTE  5.750% 6/0 | 69349HAF4 |  | 10330358 | 7950000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 690668 | 18964 | SH |  | DFND | 1 | 18964 | 0 | 0 |
| UNITED NAT FOODS INC | COM | 911163103 |  | 337995 | 14500 | SH |  | DFND | 1 | 14500 | 0 | 0 |
| UNITI GROUP INC | COM | 91325V108 |  | 366647 | 84872 | SH |  | DFND | 1 | 84872 | 0 | 0 |
| UPSTART HLDGS INC | COM | 91680M107 |  | 120692 | 1866 | SH |  | DFND | 1 | 1866 | 0 | 0 |
| US FOODS HLDG CORP | COM | 912008109 |  | 203306 | 2640 | SH |  | DFND | 1 | 2640 | 0 | 0 |
| VERRA MOBILITY CORP | CL A COM STK | 92511U102 |  | 186311 | 7338 | SH |  | DFND | 1 | 7338 | 0 | 0 |
| VICTORIAS SECRET AND CO | COMMON STOCK | 926400102 |  | 1595516 | 86151 | SH |  | DFND | 1 | 86151 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 3279652 | 16922 | SH |  | DFND | 1 | 16922 | 0 | 0 |
| WEIBO CORP | SPONSORED ADR | 948596101 |  | 1211644 | 127140 | SH |  | DFND | 1 | 127140 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 6669707 | 580985 | SH |  | DFND | 1 | 580985 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 1040290 | 6767 | SH |  | DFND | 1 | 6767 | 0 | 0 |
| WINNEBAGO INDS INC | COM | 974637100 |  | 38628 | 1332 | SH |  | DFND | 1 | 1332 | 0 | 0 |
| WISDOMTREE INC | NOTE  5.750% 8/1 | 97717PAF1 |  | 11608626 | 8530000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 1487385 | 15879 | SH |  | DFND | 1 | 15879 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 405420 | 2736 | SH |  | DFND | 1 | 2736 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 1573673 | 22465 | SH |  | DFND | 1 | 22465 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 462599 | 1500 | SH |  | DFND | 1 | 1500 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 1128240 | 4000 | SH |  | DFND | 1 | 4000 | 0 | 0 |
| API GROUP CORP | COM STK | 00187Y100 |  | 3318250 | 65000 | SH |  | DFND | 1 | 65000 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 2450490 | 21000 | SH |  | DFND | 1 | 21000 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 557175 | 2500 | SH |  | DFND | 1 | 2500 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 2608550 | 35000 | SH |  | DFND | 1 | 35000 | 0 | 0 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 390840 | 800 | SH |  | DFND | 1 | 800 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 3292320 | 48000 | SH |  | DFND | 1 | 48000 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 248651 | 489 | SH |  | DFND | 1 | 489 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 1465840 | 8000 | SH |  | DFND | 1 | 8000 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 1481920 | 5500 | SH |  | DFND | 1 | 5500 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 1666625 | 12500 | SH |  | DFND | 1 | 12500 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 1963445 | 5500 | SH |  | DFND | 1 | 5500 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 1300500 | 30000 | SH |  | DFND | 1 | 30000 | 0 | 0 |
| GRAPHIC PACKAGING HLDG CO | COM | 388689101 |  | 1053500 | 50000 | SH |  | DFND | 1 | 50000 | 0 | 0 |
| HEICO CORP NEW | COM | 422806109 |  | 656000 | 2000 | SH |  | DFND | 1 | 2000 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1197701 | 5143 | SH |  | DFND | 1 | 5143 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 372260 | 2000 | SH |  | DFND | 1 | 2000 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 404525 | 5500 | SH |  | DFND | 1 | 5500 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 528100 | 5000 | SH |  | DFND | 1 | 5000 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 5213058 | 11111 | SH |  | DFND | 1 | 11111 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 463140 | 1000 | SH |  | DFND | 1 | 1000 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 1903000 | 12500 | SH |  | DFND | 1 | 12500 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 1339980 | 23000 | SH |  | DFND | 1 | 23000 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 712470 | 5500 | SH |  | DFND | 1 | 5500 | 0 | 0 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 |  | 1918499 | 50000 | SH |  | DFND | 1 | 50000 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 3769000 | 20000 | SH |  | DFND | 1 | 20000 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 664340 | 2000 | SH |  | DFND | 1 | 2000 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 1545120 | 4500 | SH |  | DFND | 1 | 4500 | 0 | 0 |
| SONOCO PRODS CO | COM | 835495102 |  | 2090880 | 48000 | SH |  | DFND | 1 | 48000 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 874820 | 2000 | SH |  | DFND | 1 | 2000 | 0 | 0 |
| UL SOLUTIONS INC | CLASS A COM SHS | 903731107 |  | 1384340 | 19000 | SH |  | DFND | 1 | 19000 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 1290978 | 5611 | SH |  | DFND | 1 | 5611 | 0 | 0 |
| EPR PPTYS | PFD C CV 5.75% | 26884U208 |  | 723984 | 28413 | SH |  | DFND | 1 | 28413 | 0 | 0 |
| EPR PPTYS | CONV PFD 9% SR E | 26884U307 |  | 182776 | 5845 | SH |  | DFND | 1 | 5845 | 0 | 0 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 1695830 | 80677 | SH |  | DFND | 1 | 80677 | 0 | 0 |
| LXP INDUSTRIAL TRUST | PFD CONV SER C | 529043309 |  | 764068 | 16499 | SH |  | DFND | 1 | 16499 | 0 | 0 |
| LXP INDUSTRIAL TRUST | COM | 529043101 |  | 1369359 | 165782 | SH |  | DFND | 1 | 165782 | 0 | 0 |
| WHEELER REAL ESTATE INVT TR | CV PFD SER B | 963025309 |  | 218805 | 55254 | SH |  | DFND | 1 | 55254 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | 6.75 SE B PFD | 03990B309 |  | 6410039 | 119346 | SH |  | DFND | 1 | 119346 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 09/01/2025 | 65339F713 |  | 17435860 | 438212 | SH |  | DFND | 1 | 438212 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 11/01/2027 | 65339F119 |  | 4032752 | 90927 | SH |  | DFND | 1 | 90927 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 06/01/2027 | 65339F663 |  | 3649823 | 77277 | SH |  | DFND | 1 | 77277 | 0 | 0 |
| ALBEMARLE CORP | 7.25% DEP SHS A | 012653200 |  | 9561291 | 296698 | SH |  | DFND | 1 | 296698 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | SER A MAND CNV | 03769M304 |  | 1587012 | 21095 | SH |  | DFND | 1 | 21095 | 0 | 0 |
| CHART INDS INC | 6.75DP CNV PFD B | 16115Q407 |  | 12417418 | 203768 | SH |  | DFND | 1 | 203768 | 0 | 0 |
| AMERICAN ASSETS TR INC | COM | 024013104 |  | 1067013 | 54026 | SH |  | DFND | 1 | 54026 | 0 | 0 |
| APPLE HOSPITALITY REIT INC | COM NEW | 03784Y200 |  | 5247975 | 449698 | SH |  | DFND | 1 | 449698 | 0 | 0 |
| BRANDYWINE RLTY TR | SH BEN INT NEW | 105368203 |  | 4565666 | 1064258 | SH |  | DFND | 1 | 1064258 | 0 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 942023 | 36176 | SH |  | DFND | 1 | 36176 | 0 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 658222 | 5841 | SH |  | DFND | 1 | 5841 | 0 | 0 |
| ELME COMMUNITIES | SH BEN INT | 939653101 |  | 2248085 | 141389 | SH |  | DFND | 1 | 141389 | 0 | 0 |
| EMPIRE ST RLTY TR INC | CL A | 292104106 |  | 7296621 | 901931 | SH |  | DFND | 1 | 901931 | 0 | 0 |
| HIGHWOODS PPTYS INC | COM | 431284108 |  | 120411 | 3873 | SH |  | DFND | 1 | 3873 | 0 | 0 |
| INVENTRUST PPTYS CORP | COM NEW | 46124J201 |  | 373681 | 13638 | SH |  | DFND | 1 | 13638 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 1156550 | 7814 | SH |  | DFND | 1 | 7814 | 0 | 0 |
| NATIONAL STORAGE AFFILIATES | COM SHS BEN IN | 637870106 |  | 1162644 | 36344 | SH |  | DFND | 1 | 36344 | 0 | 0 |
| PIEDMONT REALTY TRUST INC | COM CL A | 720190206 |  | 3157255 | 433094 | SH |  | DFND | 1 | 433094 | 0 | 0 |
| PARAMOUNT GROUP INC | COM | 69924R108 |  | 519128 | 85103 | SH |  | DFND | 1 | 85103 | 0 | 0 |
| PARK HOTELS  RESORTS INC | COM | 700517105 |  | 1095561 | 107093 | SH |  | DFND | 1 | 107093 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 1127306 | 10724 | SH |  | DFND | 1 | 10724 | 0 | 0 |
| RLJ LODGING TR | COM | 74965L101 |  | 3743776 | 514255 | SH |  | DFND | 1 | 514255 | 0 | 0 |
| STAG INDL INC | COM | 85254J102 |  | 923072 | 25443 | SH |  | DFND | 1 | 25443 | 0 | 0 |
| UDR INC | COM | 902653104 |  | 2070815 | 50718 | SH |  | DFND | 1 | 50718 | 0 | 0 |
| URBAN EDGE PPTYS | COM | 91704F104 |  | 662000 | 35477 | SH |  | DFND | 1 | 35477 | 0 | 0 |
| VORNADO RLTY TR | SH BEN INT | 929042109 |  | 553715 | 14480 | SH |  | DFND | 1 | 14480 | 0 | 0 |
| ALBERTSONS COS INC | COMMON STOCK | 013091103 |  | 27231 | 1266 | SH |  | DFND | 1 | 1266 | 0 | 0 |
| ALLETE INC | COM NEW | 018522300 |  | 3593558 | 56088 | SH |  | DFND | 1 | 56088 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 2701 | 294 | SH |  | DFND | 1 | 294 | 0 | 0 |
| AMEDISYS INC | COM | 023436108 |  | 1374114 | 13966 | SH |  | DFND | 1 | 13966 | 0 | 0 |
| ANSYS INC | COM | 03662Q105 |  | 1143923 | 3257 | SH |  | DFND | 1 | 3257 | 0 | 0 |
| AVISTA CORP | COM | 05379B107 |  | 36697 | 967 | SH |  | DFND | 1 | 967 | 0 | 0 |
| AVIDXCHANGE HOLDINGS INC | COM | 05368X102 |  | 979558 | 100057 | SH |  | DFND | 1 | 100057 | 0 | 0 |
| AXALTA COATING SYS LTD | COM | G0750C108 |  | 314714 | 10600 | SH |  | DFND | 1 | 10600 | 0 | 0 |
| AZEK CO INC | CL A | 05478C105 |  | 4380990 | 80607 | SH |  | DFND | 1 | 80607 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 109067 | 1973 | SH |  | DFND | 1 | 1973 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 556340 | 8995 | SH |  | DFND | 1 | 8995 | 0 | 0 |
| COEUR MNG INC | COM NEW | 192108504 |  | 1408 | 159 | SH |  | DFND | 1 | 159 | 0 | 0 |
| CHAMPIONX CORPORATION | COM | 15872M104 |  | 3625050 | 145936 | SH |  | DFND | 1 | 145936 | 0 | 0 |
| CMB.TECH NV | SHS | B38564108 |  | 8118 | 900 | SH |  | DFND | 1 | 900 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 5834176 | 65012 | SH |  | DFND | 1 | 65012 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 122600 | 4000 | SH |  | DFND | 1 | 4000 | 0 | 0 |
| CANTALOUPE INC | COM | 138103106 |  | 1906358 | 173463 | SH |  | DFND | 1 | 173463 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1111727 | 7764 | SH |  | DFND | 1 | 7764 | 0 | 0 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 592000 | 18500 | SH |  | DFND | 1 | 18500 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 271239 | 4799 | SH |  | DFND | 1 | 4799 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 209021 | 1199 | SH |  | DFND | 1 | 1199 | 0 | 0 |
| DUN  BRADSTREET HLDGS INC | COM | 26484T106 |  | 3016080 | 331802 | SH |  | DFND | 1 | 331802 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 1217023 | 26854 | SH |  | DFND | 1 | 26854 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 270459 | 340 | SH |  | DFND | 1 | 340 | 0 | 0 |
| ENSTAR GROUP LIMITED | SHS | G3075P101 |  | 1824416 | 5424 | SH |  | DFND | 1 | 5424 | 0 | 0 |
| E2OPEN PARENT HOLDINGS INC | COM CL A | 29788T103 |  | 393497 | 121826 | SH |  | DFND | 1 | 121826 | 0 | 0 |
| EVERI HLDGS INC | COM | 30034T103 |  | 3152565 | 221388 | SH |  | DFND | 1 | 221388 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 110607 | 805 | SH |  | DFND | 1 | 805 | 0 | 0 |
| FOOT LOCKER INC | COM | 344849104 |  | 761362 | 31076 | SH |  | DFND | 1 | 31076 | 0 | 0 |
| GLOBAL BLUE GROUP HOLDING AG | ORD SHS | H33700107 |  | 227820 | 30498 | SH |  | DFND | 1 | 30498 | 0 | 0 |
| GUILD HLDGS CO | CL A | 40172N107 |  | 65241 | 3300 | SH |  | DFND | 1 | 3300 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 1088243 | 3570 | SH |  | DFND | 1 | 3570 | 0 | 0 |
| GMS INC | COM | 36251C103 |  | 97875 | 900 | SH |  | DFND | 1 | 900 | 0 | 0 |
| GLOBAL NET LEASE INC | COM NEW | 379378201 |  | 58353 | 7729 | SH |  | DFND | 1 | 7729 | 0 | 0 |
| HESS CORP | COM | 42809H107 |  | 2411288 | 17405 | SH |  | DFND | 1 | 17405 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 392657 | 4100 | SH |  | DFND | 1 | 4100 | 0 | 0 |
| INFORMATICA INC | COM CL A | 45674M101 |  | 138795 | 5700 | SH |  | DFND | 1 | 5700 | 0 | 0 |
| INOZYME PHARMA INC | COM | 45790W108 |  | 233776 | 58444 | SH |  | DFND | 1 | 58444 | 0 | 0 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 |  | 2179919 | 89049 | SH |  | DFND | 1 | 89049 | 0 | 0 |
| KELLANOVA | COM | 487836108 |  | 3865476 | 48604 | SH |  | DFND | 1 | 48604 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 3276742 | 33307 | SH |  | DFND | 1 | 33307 | 0 | 0 |
| MAG SILVER CORP | COM | 55903Q104 |  | 2005828 | 94928 | SH |  | DFND | 1 | 94928 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 148626 | 544 | SH |  | DFND | 1 | 544 | 0 | 0 |
| MAC COPPER LIMITED | ORD SHS | G60409110 |  | 51987 | 4300 | SH |  | DFND | 1 | 4300 | 0 | 0 |
| NNN REIT INC | COM | 637417106 |  | 77724 | 1800 | SH |  | DFND | 1 | 1800 | 0 | 0 |
| NEWELL BRANDS INC | COM | 651229106 |  | 7225 | 1338 | SH |  | DFND | 1 | 1338 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 329010 | 5711 | SH |  | DFND | 1 | 5711 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 3026442 | 18996 | SH |  | DFND | 1 | 18996 | 0 | 0 |
| RADIUS RECYCLING INC | CL A | 806882106 |  | 3710240 | 124966 | SH |  | DFND | 1 | 124966 | 0 | 0 |
| SKECHERS U S A INC | CL A | 830566105 |  | 1191895 | 18889 | SH |  | DFND | 1 | 18889 | 0 | 0 |
| SPARTANNASH CO | COM | 847215100 |  | 471522 | 17800 | SH |  | DFND | 1 | 17800 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 123570 | 200 | SH |  | DFND | 1 | 200 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 30308 | 400 | SH |  | DFND | 1 | 400 | 0 | 0 |
| SPRINGWORKS THERAPEUTICS INC | COM | 85205L107 |  | 4554458 | 96924 | SH |  | DFND | 1 | 96924 | 0 | 0 |
| TRIUMPH GROUP INC NEW | COM | 896818101 |  | 5088406 | 197608 | SH |  | DFND | 1 | 197608 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 532324 | 6032 | SH |  | DFND | 1 | 6032 | 0 | 0 |
| UPBOUND GROUP INC | COM | 76009N100 |  | 217165 | 8652 | SH |  | DFND | 1 | 8652 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 138930 | 2200 | SH |  | DFND | 1 | 2200 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 21103991 | 102861 | SH |  | DFND | 1 | 102861 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 3945538 | 21256 | SH |  | DFND | 1 | 21256 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 1046732 | 7696 | SH |  | DFND | 1 | 7696 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 6323914 | 21158 | SH |  | DFND | 1 | 21158 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 3649052 | 9432 | SH |  | DFND | 1 | 9432 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 507836 | 2774 | SH |  | DFND | 1 | 2774 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 1745341 | 6251 | SH |  | DFND | 1 | 6251 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 946167 | 20440 | SH |  | DFND | 1 | 20440 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 2896493 | 81157 | SH |  | DFND | 1 | 81157 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 347468 | 351 | SH |  | DFND | 1 | 351 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 5740124 | 21050 | SH |  | DFND | 1 | 21050 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 1032854 | 8753 | SH |  | DFND | 1 | 8753 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 628083 | 3564 | SH |  | DFND | 1 | 3564 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 2949252 | 8044 | SH |  | DFND | 1 | 8044 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 4039459 | 180333 | SH |  | DFND | 1 | 180333 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3954697 | 25890 | SH |  | DFND | 1 | 25890 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 181898 | 2571 | SH |  | DFND | 1 | 2571 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 7607478 | 34288 | SH |  | DFND | 1 | 34288 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 756933 | 1347 | SH |  | DFND | 1 | 1347 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 260907 | 893 | SH |  | DFND | 1 | 893 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 436721 | 5010 | SH |  | DFND | 1 | 5010 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 3260521 | 41189 | SH |  | DFND | 1 | 41189 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 301240 | 3892 | SH |  | DFND | 1 | 3892 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 584801 | 8232 | SH |  | DFND | 1 | 8232 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 716713 | 5428 | SH |  | DFND | 1 | 5428 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 1869776 | 77136 | SH |  | DFND | 1 | 77136 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 545 | 4 | SH |  | DFND | 1 | 4 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 26408 | 145 | SH |  | DFND | 1 | 145 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 272334 | 1710 | SH |  | DFND | 1 | 1710 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 8806742 | 96112 | SH |  | DFND | 1 | 96112 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 100490 | 254 | SH |  | DFND | 1 | 254 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 314925 | 10882 | SH |  | DFND | 1 | 10882 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 3091888 | 31342 | SH |  | DFND | 1 | 31342 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 10620 | 86 | SH |  | DFND | 1 | 86 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 2676441 | 6601 | SH |  | DFND | 1 | 6601 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 7513797 | 24085 | SH |  | DFND | 1 | 24085 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 1161920 | 11511 | SH |  | DFND | 1 | 11511 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 4116664 | 95139 | SH |  | DFND | 1 | 95139 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 818418 | 8370 | SH |  | DFND | 1 | 8370 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 6064289 | 56255 | SH |  | DFND | 1 | 56255 | 0 | 0 |
| MFA FINL INC | COM | 55272X607 |  | 9090927 | 960986 | SH |  | DFND | 1 | 960986 | 0 | 0 |
| NEW YORK MTG TR INC | COM | 649604840 |  | 2165105 | 323150 | SH |  | DFND | 1 | 323150 | 0 | 0 |
| TWO HBRS INVT CORP | COM | 90187B804 |  | 8013181 | 744028 | SH |  | DFND | 1 | 744028 | 0 | 0 |
| ADVENT TECHNOLOGIES HOLDNG I | *W EXP 02/03/202 | 00788A113 |  | 213 | 38054 | SH |  | DFND | 1 | 38054 | 0 | 0 |
| ADVANTAGE SOLUTIONS INC | *W EXP 10/28/202 | 00791N110 |  | 869 | 68429 | SH |  | DFND | 1 | 68429 | 0 | 0 |
| AERIES TECHNOLOGY INC | *W EXP 11/06/202 | G0136H110 |  | 548 | 19057 | SH |  | DFND | 1 | 19057 | 0 | 0 |
| ALLURION TECHNOLOGIES INC | *W EXP 08/01/203 | 02008G110 |  | 6686 | 212956 | SH |  | DFND | 1 | 212956 | 0 | 0 |
| ANGHAMI INC | *W EXP 02/03/202 | G0369L119 |  | 149 | 12652 | SH |  | DFND | 1 | 12652 | 0 | 0 |
| 180 LIFE SCIENCES CORP | *W EXP 11/07/202 | 68236V112 |  | 82 | 10348 | SH |  | DFND | 1 | 10348 | 0 | 0 |
| AVEPOINT INC | *W EXP 09/18/202 | 053604112 |  | 39875 | 5132 | SH |  | DFND | 1 | 5132 | 0 | 0 |
| BANZAI INTERNATIONAL INC | *W EXP 12/14/202 | 06682J118 |  | 33 | 1341 | SH |  | DFND | 1 | 1341 | 0 | 0 |
| CLENE INC | *W EXP 12/30/202 | 185634110 |  | 93 | 4261 | SH |  | DFND | 1 | 4261 | 0 | 0 |
| AUSTRALIAN OILSEEDS HLDGS LT | *W EXP 11/16/202 | G07041117 |  | 63 | 2937 | SH |  | DFND | 1 | 2937 | 0 | 0 |
| CARBON REVOLUTION LTD | *W EXP 99/99/999 | G1893D110 |  | 74 | 4224 | SH |  | DFND | 1 | 4224 | 0 | 0 |
| DRAGONFLY ENERGY HOLDINGS CO | *W EXP 10/07/202 | 26145B114 |  | 28 | 2071 | SH |  | DFND | 1 | 2071 | 0 | 0 |
| ECARX HOLDINGS INC | *W EXP 99/99/999 | G29201111 |  | 14773 | 249138 | SH |  | DFND | 1 | 249138 | 0 | 0 |
| EON RESOURCES INC | *W EXP 02/04/202 | 40472A128 |  | 8484 | 166034 | SH |  | DFND | 1 | 166034 | 0 | 0 |
| ESGL HLDGS LTD | *W EXP 10/19/202 | G3R95P116 |  | 1089 | 35134 | SH |  | DFND | 1 | 35134 | 0 | 0 |
| FAT BRANDS INC | CLASS A COM | 30258N105 |  | 694 | 292 | SH |  | DFND | 1 | 292 | 0 | 0 |
| GEN DIGITAL INC | RIGHT 99/99/9999 | 668771116 |  | 31622 | 3943 | SH |  | DFND | 1 | 3943 | 0 | 0 |
| GOGORO INC | *W EXP 04/04/202 | G9491K113 |  | 962 | 74067 | SH |  | DFND | 1 | 74067 | 0 | 0 |
| HIGHPEAK ENERGY INC | *W EXP 08/21/202 | 43114Q121 |  | 8064 | 18754 | SH |  | DFND | 1 | 18754 | 0 | 0 |
| FUSION FUEL GREEN PLC | *W EXP 12/10/202 | G3R25D100 |  | 544 | 53882 | SH |  | DFND | 1 | 53882 | 0 | 0 |
| HYLIION HOLDINGS CORP | COMMON STOCK | 449109107 |  | 83 | 63 | SH |  | DFND | 1 | 63 | 0 | 0 |
| HYCROFT MINING HOLDING CORP | *W EXP 10/06/202 | 44862P133 |  | 1514 | 86526 | SH |  | DFND | 1 | 86526 | 0 | 0 |
| SEASTAR MEDICAL HOLDING CORP | *W EXP 10/28/202 | 81256L112 |  | 667 | 33548 | SH |  | DFND | 1 | 33548 | 0 | 0 |
| IMMATICS N.V | *W EXP 07/01/202 | N44445117 |  | 32 | 54375 | SH |  | DFND | 1 | 54375 | 0 | 0 |
| JEFFS BRANDS LTD | *W EXP 99/99/999 | M61472110 |  | 511 | 18740 | SH |  | DFND | 1 | 18740 | 0 | 0 |
| MONEYHERO LIMITED | *W EXP 09/13/202 | G6202B119 |  | 1852 | 39579 | SH |  | DFND | 1 | 39579 | 0 | 0 |
| MSP RECOVERY INC | *W EXP 05/20/202 | 553745126 |  | 3 | 1334 | SH |  | DFND | 1 | 1334 | 0 | 0 |
| PLAYSTUDIOS INC | *W EXP 99/99/999 | 72815G116 |  | 786 | 59571 | SH |  | DFND | 1 | 59571 | 0 | 0 |
| NEXTDECADE CORP | COM | 65342K105 |  | 13792 | 1548 | SH |  | DFND | 1 | 1548 | 0 | 0 |
| NEWGENIVF GROUP LIMITED | *W EXP 04/03/202 | G0544E113 |  | 286 | 10761 | SH |  | DFND | 1 | 10761 | 0 | 0 |
| ORIGIN MATERIALS INC | *W EXP 06/25/202 | 68622D114 |  | 68 | 3561 | SH |  | DFND | 1 | 3561 | 0 | 0 |
| OUSTER INC | *W EXP 09/29/202 | 68989M129 |  | 362 | 9567 | SH |  | DFND | 1 | 9567 | 0 | 0 |
| PERFECT CORP | *W EXP 99/99/999 | G7006A117 |  | 1999 | 55075 | SH |  | DFND | 1 | 55075 | 0 | 0 |
| WAG GROUP CO | *W EXP 07/30/202 | 93042P117 |  | 403 | 25243 | SH |  | DFND | 1 | 25243 | 0 | 0 |
| PRENETICS GLOBAL LTD | SHS NEW | G72245122 |  | 8 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| PRENETICS GLOBAL LTD | *W EXP 05/18/202 | G72245114 |  | 187 | 4793 | SH |  | DFND | 1 | 4793 | 0 | 0 |
| PAYSAFE LIMITED | *W EXP 03/30/202 | G6964L115 |  | 491 | 29768 | SH |  | DFND | 1 | 29768 | 0 | 0 |
| VICARIOUS SURGICAL INC | *W EXP 09/17/202 | 92561V117 |  | 413 | 14193 | SH |  | DFND | 1 | 14193 | 0 | 0 |
| REVELATION BIOSCIENCES INC | *W EXP 01/10/202 | 76135L119 |  | 657 | 54752 | SH |  | DFND | 1 | 54752 | 0 | 0 |
| RESOLUTE HLDGS MGMT INC | COM | 76134H101 |  | 19600 | 615 | SH |  | DFND | 1 | 615 | 0 | 0 |
| ROYALTY MGMT HLDG CORP | *W EXP 05/28/202 | 02369M110 |  | 799 | 36321 | SH |  | DFND | 1 | 36321 | 0 | 0 |
| REVOLUTION MEDICINES INC | *W EXP 12/17/202 | 76155X118 |  | 18480 | 70349 | SH |  | DFND | 1 | 70349 | 0 | 0 |
| SAIHEAT LTD | *W EXP 04/29/202 | G7852T111 |  | 396 | 2927 | SH |  | DFND | 1 | 2927 | 0 | 0 |
| STARDUST PWR INC | COM | 854936101 |  | 54 | 276 | SH |  | DFND | 1 | 276 | 0 | 0 |
| SHF HOLDINGS INC | *W EXP 09/28/202 | 824430110 |  | 430 | 19467 | SH |  | DFND | 1 | 19467 | 0 | 0 |
| SONDER HOLDINGS INC | *W EXP 01/18/202 | 83542D110 |  | 239 | 25443 | SH |  | DFND | 1 | 25443 | 0 | 0 |
| SURROZEN INC | COM NEW | 86889P208 |  | 2512 | 281 | SH |  | DFND | 1 | 281 | 0 | 0 |
| UNITED HOMES GROUP INC | CL A | 91060H108 |  | 27825 | 9595 | SH |  | DFND | 1 | 9595 | 0 | 0 |
| UCOMMUNE INTERNATIONAL LTD | *W EXP 11/01/202 | G9449A118 |  | 226 | 26965 | SH |  | DFND | 1 | 26965 | 0 | 0 |
| VALENS SEMICONDUCTOR LTD | *W EXP 09/30/202 | M9607U107 |  | 62 | 1210 | SH |  | DFND | 1 | 1210 | 0 | 0 |
| VSEE HEALTH INC | *W EXP 99/99/999 | 92919Y110 |  | 2159 | 60831 | SH |  | DFND | 1 | 60831 | 0 | 0 |
| LONGEVITY HEALTH HLDGS INC | COMMON STOCK | 142922129 |  | 40 | 16 | SH |  | DFND | 1 | 16 | 0 | 0 |
| XBP EUROPE HOLDINGS INC | *W EXP 11/30/202 | 98400V119 |  | 2524 | 46229 | SH |  | DFND | 1 | 46229 | 0 | 0 |
| ZEO ENERGY CORP | CL A | 98944F109 |  | 635 | 219 | SH |  | DFND | 1 | 219 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 6685854 | 70333 | SH |  | DFND | 1 | 70333 | 0 | 0 |
| TRANSMEDICS GROUP INC | NOTE  1.500% 6/0 | 89377MAB5 |  | 98338884 | 61307000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 2007916 | 465874 | SH |  | DFND | 1 | 465874 | 0 | 0 |
| ISHARES TR | MSCI AC ASIA ETF | 464288182 |  | 8262 | 100 | SH |  | DFND | 1 | 100 | 0 | 0 |
| BLACKROCK HEALTH SCIENCES TE | COM SHS | 09260E105 |  | 54430 | 3817 | SH |  | DFND | 1 | 3817 | 0 | 0 |
| BLACKROCK SCIENCE  TECHNOLO | SHS | 09258G104 |  | 502050 | 13153 | SH |  | DFND | 1 | 13153 | 0 | 0 |
| CORNERSTONE TOTAL RETURN FD | COM | 21924U300 |  | 138236 | 17837 | SH |  | DFND | 1 | 17837 | 0 | 0 |
| ABRDN WORLD HEALTHCARE FUND | BEN INT SHS | 87911L108 |  | 14128 | 1377 | SH |  | DFND | 1 | 1377 | 0 | 0 |
| PIONEER HIGH INCOME FUND INC | COM | 72369H106 |  | 258192 | 31915 | SH |  | DFND | 1 | 31915 | 0 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 1570979 | 140016 | SH |  | DFND | 1 | 140016 | 0 | 0 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 |  | 297361 | 11575 | SH |  | DFND | 1 | 11575 | 0 | 0 |
| ACADIA HEALTHCARE COMPANY IN | COM | 00404A109 |  | 1125083 | 49585 | SH |  | DFND | 1 | 49585 | 0 | 0 |
| ADAPTHEALTH CORP | COMMON STOCK | 00653Q102 |  | 650481 | 68980 | SH |  | DFND | 1 | 68980 | 0 | 0 |
| AMN HEALTHCARE SVCS INC | COM | 001744101 |  | 1145924 | 55439 | SH |  | DFND | 1 | 55439 | 0 | 0 |
| AVIS BUDGET GROUP | COM | 053774105 |  | 4018487 | 23771 | SH |  | DFND | 1 | 23771 | 0 | 0 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 190574 | 3953 | SH |  | DFND | 1 | 3953 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 355036 | 1988 | SH |  | DFND | 1 | 1988 | 0 | 0 |
| CONMED CORP | NOTE  2.250% 6/1 | 207410AH4 |  | 8685661 | 9150000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 3810431 | 460197 | SH |  | DFND | 1 | 460197 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 1059583 | 21545 | SH |  | DFND | 1 | 21545 | 0 | 0 |
| DEXCOM INC | NOTE  0.375% 5/1 | 252131AM9 |  | 17849459 | 19000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 137219 | 1572 | SH |  | DFND | 1 | 1572 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 98349 | 802 | SH |  | DFND | 1 | 802 | 0 | 0 |
| EVOLENT HEALTH INC | CL A | 30050B101 |  | 5483 | 487 | SH |  | DFND | 1 | 487 | 0 | 0 |
| FORWARD AIR CORP | COM | 34986A104 |  | 161105 | 6565 | SH |  | DFND | 1 | 6565 | 0 | 0 |
| FRONTIER COMMUNICATIONS PARE | COM | 35909D109 |  | 3808786 | 104637 | SH |  | DFND | 1 | 104637 | 0 | 0 |
| GUARDANT HEALTH INC | NOTE        11/1 | 40131MAB5 |  | 5977760 | 6589000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| HAEMONETICS CORP MASS | NOTE  2.500% 6/0 | 405024AD2 |  | 56226738 | 56340000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| GARTNER INC | COM | 366651107 |  | 396944 | 982 | SH |  | DFND | 1 | 982 | 0 | 0 |
| ITRON INC | COM | 465741106 |  | 377119 | 2865 | SH |  | DFND | 1 | 2865 | 0 | 0 |
| LIVANOVA PLC | NOTE  2.500% 3/1 | 53802LAB8 |  | 30285308 | 29868000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LANTHEUS HLDGS INC | NOTE  2.625%12/1 | 516544AB9 |  | 53223570 | 41872000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 330329 | 20960 | SH |  | DFND | 1 | 20960 | 0 | 0 |
| MIRION TECHNOLOGIES INC | COM CL A | 60471A101 |  | 1925901 | 89452 | SH |  | DFND | 1 | 89452 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 1168959 | 3924 | SH |  | DFND | 1 | 3924 | 0 | 0 |
| NEOGEN CORP | COM | 640491106 |  | 708859 | 148297 | SH |  | DFND | 1 | 148297 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 47501 | 344 | SH |  | DFND | 1 | 344 | 0 | 0 |
| NOVOCURE LTD | ORD SHS | G6674U108 |  | 1815 | 102 | SH |  | DFND | 1 | 102 | 0 | 0 |
| PAR TECHNOLOGY CORP | NOTE  1.500%10/1 | 698884AE3 |  | 43722249 | 38073000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PROS HOLDINGS INC | NOTE  2.250% 9/1 | 74346YAG8 |  | 1480108 | 1573000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PROS HOLDINGS INC | DEBT  2.500% 7/0 | 74346YAK9 |  | 20154311 | 18669000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SURGERY PARTNERS INC | COM | 86881A100 |  | 1478939 | 66529 | SH |  | DFND | 1 | 66529 | 0 | 0 |
| SEMLER SCIENTIFIC INC | COM | 81684M104 |  | 5965 | 154 | SH |  | DFND | 1 | 154 | 0 | 0 |
| SNAP INC | NOTE         5/0 | 83304AAF3 |  | 8234516 | 9089000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 18026970 | 2074450 | SH |  | DFND | 1 | 2074450 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 50688 | 288 | SH |  | DFND | 1 | 288 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 928406 | 11659 | SH |  | DFND | 1 | 11659 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 1384758 | 14842 | SH |  | DFND | 1 | 14842 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 693587 | 10839 | SH |  | DFND | 1 | 10839 | 0 | 0 |
| XPO INC | COM | 983793100 |  | 330122 | 2614 | SH |  | DFND | 1 | 2614 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 652600 | 20000 | SH |  | DFND | 1 | 20000 | 0 | 0 |
| VONTIER CORPORATION | COM | 928881101 |  | 516600 | 14000 | SH |  | DFND | 1 | 14000 | 0 | 0 |
| CROSS CTRY HEALTHCARE INC | COM | 227483104 |  | 1058655 | 81123 | SH |  | DFND | 1 | 81123 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 728267 | 2203 | SH |  | DFND | 1 | 2203 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 859888 | 4787 | SH |  | DFND | 1 | 4787 | 0 | 0 |
| JUNIPER NETWORKS INC | COM | 48203R104 |  | 1643159 | 41151 | SH |  | DFND | 1 | 41151 | 0 | 0 |
| SURMODICS INC | COM | 868873100 |  | 221309 | 7449 | SH |  | DFND | 1 | 7449 | 0 | 0 |
| STRATASYS LTD | SHS | M85548101 |  | 3142 | 274 | SH |  | DFND | 1 | 274 | 0 | 0 |
| ORCHID IS CAP INC | COM NEW | 68571X301 |  | 3859012 | 550501 | SH |  | DFND | 1 | 550501 | 0 | 0 |
| BARK INC | *W EXP 05/01/202 | 68622E112 |  | 23 | 1820 | SH |  | DFND | 1 | 1820 | 0 | 0 |
| FOXX DEV HLDGS INC | COM | 351665104 |  | 944 | 172 | SH |  | DFND | 1 | 172 | 0 | 0 |
| QUANTUMSCAPE CORP | COM CL A | 74767V109 |  | 13 | 2 | SH |  | DFND | 1 | 2 | 0 | 0 |
| SBC MED GROUP HLDGS INC | *W EXP 09/17/202 | 73245B115 |  | 12088 | 62603 | SH |  | DFND | 1 | 62603 | 0 | 0 |
| TRISALUS LIFE SCIENCES INC | COM | 89680M101 |  | 3411 | 626 | SH |  | DFND | 1 | 626 | 0 | 0 |
| AST SPACEMOBILE INC | COM CL A | 00217D100 |  | 12078676 | 258478 | SH |  | DFND | 1 | 258478 | 0 | 0 |
| BROOKDALE SR LIVING INC | COM | 112463104 |  | 17400 | 2500 | SH |  | DFND | 1 | 2500 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 42401 | 2484 | SH |  | DFND | 1 | 2484 | 0 | 0 |
| ENPHASE ENERGY INC | NOTE         3/0 | 29355AAH0 |  | 79324493 | 82793000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| IMMUNOCORE HLDGS PLC | NOTE  2.500% 2/0 | 45258DAB1 |  | 15164630 | 17500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| INNOVIVA INC | NOTE  2.125% 3/1 | 45781MAD3 |  | 43247077 | 42893000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LUMINAR TECHNOLOGIES INC | DEBT 11.500% 1/1 | 550424AE5 |  | 16181598 | 34467000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LUMINAR TECHNOLOGIES INC | DEBT  9.000% 1/1 | 550424AD7 |  | 6966840 | 14771000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| EXACT SCIENCES CORP | NOTE  0.375% 3/1 | 30063PAB1 |  | 22141459 | 23150000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SEA LTD | NOTE  2.375%12/0 | 81141RAF7 |  | 177798036 | 100135000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 2055455 | 6100 | SH |  | DFND | 1 | 6100 | 0 | 0 |
| FUBOTV INC | COM | 35953D104 |  | 365677 | 94735 | SH |  | DFND | 1 | 94735 | 0 | 0 |
| PELOTON INTERACTIVE INC | CL A COM | 70614W100 |  | 1274204 | 183603 | SH |  | DFND | 1 | 183603 | 0 | 0 |
| JBG SMITH PPTYS | COM | 46590V100 |  | 964717 | 55764 | SH |  | DFND | 1 | 55764 | 0 | 0 |
| ARMOUR RESIDENTIAL REIT INC | COM SHS | 042315705 |  | 2127540 | 126564 | SH |  | DFND | 1 | 126564 | 0 | 0 |
| REDFIN CORP | COM | 75737F108 |  | 387408 | 34621 | SH |  | DFND | 1 | 34621 | 0 | 0 |
| REDFIN CORP | COM | 75737F108 |  | 8352216 | 746400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DISTOKEN ACQUISITION CORP | *W EXP 11/30/202 | G27740102 |  | 31680 | 264006 | SH |  | DFND | 1 | 264006 | 0 | 0 |

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