# EDGAR Filing Document

**Accession Number:** 0001469877
**File Stem:** 0001172661-25-005068
**Filing Date:** 2025-11
**Character Count:** 17464
**Document Hash:** f245c392b06352c773ff7149cbb7637c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-005068.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001172661-25-005068

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEXPOINT ASSET MANAGEMENT, L.P.
- **CENTRAL INDEX KEY:** 0001469877

**ORGANIZATION NAME:**
- **EIN:** 264245035
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16918
- **FILM NUMBER:** 251486727

**BUSINESS ADDRESS:**
- **STREET 1:** 300 CRESCENT COURT
- **STREET 2:** SUITE 700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201
- **BUSINESS PHONE:** 214-276-6300

**MAIL ADDRESS:**
- **STREET 1:** 300 CRESCENT COURT
- **STREET 2:** SUITE 700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P.
- **DATE OF NAME CHANGE:** 20140505

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Pyxis Capital, L.P. /DE
- **DATE OF NAME CHANGE:** 20120406

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Highland Funds Asset Management, L.P.
- **DATE OF NAME CHANGE:** 20090806

### FORM 13F COVER PAGE

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

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** NEXPOINT ASSET MANAGEMENT L.P.<br>**Address:** 300 Crescent Court<br>Suite 700<br>Dallas, TX 75201

**Form 13F File Number:** 028-16918

**CRD Number (if applicable):** 000149653

**SEC File Number (if applicable):** 801-69968

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:** Frank Waterhouse<br>**Title:** Treasurer<br>**Phone:** 1-214-276-6300

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

/s/  Frank Waterhouse  Dallas, TX  11-14-2025<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:** 132

**Form 13F Information Table Value Total:** $1150852922

      (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   |
|:---|:---|:---|
|  | NexPoint Advisors L.P. | 028-16920              |

### 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 |
| 89BIO INC | COM | 282559103 |  | 1649340 | 112200 | SH | Put | OTR | 1 | 112200 | 0 | 0 |
| 89BIO INC | COM | 282559103 |  | 2646000 | 180000 | SH | Put | SOLE |  | 180000 | 0 | 0 |
| 89BIO INC | COM | 282559103 |  | 824670 | 56100 | SH |  | OTR | 1 | 56100 | 0 | 0 |
| 89BIO INC | COM | 282559103 |  | 1323000 | 90000 | SH |  | SOLE |  | 90000 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 759471 | 2153 | SH |  | SOLE |  | 2153 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 436833 | 2700 | SH |  | SOLE |  | 2700 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 47263244 | 742549 | SH |  | SOLE |  | 742549 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 1422514 | 22349 | SH |  | OTR | 1 | 22349 | 0 | 0 |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 |  | 4667040 | 56000 | SH |  | SOLE |  | 56000 | 0 | 0 |
| ALLETE INC | COM NEW | 018522300 |  | 2986406 | 44976 | SH |  | SOLE |  | 44976 | 0 | 0 |
| ALLETE INC | COM NEW | 018522300 |  | 233994 | 3524 | SH |  | OTR | 1 | 3524 | 0 | 0 |
| ARIS WATER SOLUTIONS INC | CLASS A COM | 04041L106 |  | 11094485 | 449898 | SH |  | SOLE |  | 449898 | 0 | 0 |
| AVIDXCHANGE HOLDINGS INC | COM | 05368X102 |  | 88247147 | 8869060 | SH |  | SOLE |  | 8869060 | 0 | 0 |
| BILL HOLDINGS INC | COM | 090043100 |  | 848685 | 16022 | SH |  | SOLE |  | 16022 | 0 | 0 |
| BRAEMAR HOTELS  RESORTS INC | 5.5 CUM CV PFD B | 10482B200 |  | 8500942 | 523457 | SH |  | SOLE |  | 523457 | 0 | 0 |
| BRAZE INC | COM CL A | 10576N102 |  | 1196727 | 42079 | SH |  | SOLE |  | 42079 | 0 | 0 |
| BROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | G16258108 |  | 1483080 | 57506 | SH |  | SOLE |  | 57506 | 0 | 0 |
| CALAVO GROWERS INC | COM | 128246105 |  | 787284 | 30586 | SH |  | SOLE |  | 30586 | 0 | 0 |
| CENTRAL PUERTO S A | SPONSORED ADR | 155038201 |  | 1620023 | 202250 | SH |  | SOLE |  | 202250 | 0 | 0 |
| CENTRAL PUERTO S A | SPONSORED ADR | 155038201 |  | 2625278 | 327750 | SH |  | OTR | 1 | 327750 | 0 | 0 |
| CERO THERAPEUTICS HLDGS INC | *W EXP 02/13/202 | 71902K113 |  | 1446 | 108741 | SH |  | SOLE |  | 108741 | 0 | 0 |
| CHARLES RIV LABS INTL INC | COM | 159864107 |  | 1307067 | 8354 | SH |  | SOLE |  | 8354 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 36487345 | 182300 | SH |  | SOLE |  | 182300 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 1687265 | 8430 | SH |  | OTR | 1 | 8430 | 0 | 0 |
| CITY OFFICE REIT INC | COM | 178587101 |  | 3086621 | 443480 | SH |  | OTR | 1 | 443480 | 0 | 0 |
| CITY OFFICE REIT INC | COM | 178587101 |  | 2231411 | 320605 | SH |  | SOLE |  | 320605 | 0 | 0 |
| CORE NATURAL RESOURCES INC | COM SHS | 218937100 |  | 448121 | 5368 | SH |  | OTR | 1 | 5368 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 397805 | 4715 | SH |  | SOLE |  | 4715 | 0 | 0 |
| CRESUD S A C I F Y A | SPONSORED ADR | 226406106 |  | 1558655 | 169419 | SH |  | OTR | 1 | 169419 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 4083650 | 115000 | SH |  | SOLE |  | 115000 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 424352 | 2980 | SH |  | SOLE |  | 2980 | 0 | 0 |
| DAYFORCE INC | COM | 15677J108 |  | 15006929 | 217839 | SH |  | SOLE |  | 217839 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 1397781 | 6930 | SH |  | OTR | 1 | 6930 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 30035147 | 148910 | SH |  | SOLE |  | 148910 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 12047006 | 702040 | SH |  | SOLE |  | 702040 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 1029600 | 60000 | SH |  | OTR | 1 | 60000 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 676883 | 5250 | SH |  | OTR | 1 | 5250 | 0 | 0 |
| FLUOR CORP NEW | COM | 343412102 |  | 1312584 | 31200 | SH |  | SOLE |  | 31200 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 617715 | 15750 | SH |  | SOLE |  | 15750 | 0 | 0 |
| FRONTIER COMMUNICATIONS PARE | COM | 35909D109 |  | 2880544 | 77123 | SH |  | OTR | 1 | 77123 | 0 | 0 |
| FRONTIER COMMUNICATIONS PARE | COM | 35909D109 |  | 48039570 | 1286200 | SH |  | SOLE |  | 1286200 | 0 | 0 |
| GITLAB INC | CLASS A COM | 37637K108 |  | 1305382 | 28957 | SH |  | SOLE |  | 28957 | 0 | 0 |
| GREEN PLAINS INC | COM | 393222104 |  | 3058920 | 348000 | SH |  | SOLE |  | 348000 | 0 | 0 |
| GRUPO SUPERVIELLE S.A. | SPONSORED ADR | 40054A108 |  | 120285 | 24300 | SH |  | SOLE |  | 24300 | 0 | 0 |
| GUESS INC | COM | 401617105 |  | 6959581 | 416492 | SH |  | SOLE |  | 416492 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 |  | 440182 | 1915 | SH |  | SOLE |  | 1915 | 0 | 0 |
| GUILD HLDGS CO | CL A | 40172N107 |  | 14615821 | 732990 | SH |  | SOLE |  | 732990 | 0 | 0 |
| GUILD HLDGS CO | CL A | 40172N107 |  | 1983551 | 99476 | SH |  | OTR | 1 | 99476 | 0 | 0 |
| HANESBRANDS INC | COM | 410345102 |  | 581060 | 88173 | SH |  | OTR | 1 | 88173 | 0 | 0 |
| HANESBRANDS INC | COM | 410345102 |  | 12571209 | 1907619 | SH |  | SOLE |  | 1907619 | 0 | 0 |
| HERON THERAPEUTICS INC | COM | 427746102 |  | 293328 | 232800 | SH |  | SOLE |  | 232800 | 0 | 0 |
| HERON THERAPEUTICS INC | COM | 427746102 |  | 306117 | 242950 | SH |  | OTR | 1 | 242950 | 0 | 0 |
| HIGHLAND OPPS  INCOME FD | HIGHLAND INCOME | 43010E404 |  | 8470932 | 1334005 | SH |  | SOLE |  | 1334005 | 0 | 0 |
| HIGHLAND OPPS  INCOME FD | HIGHLAND INCOME | 43010E404 |  | 9423667 | 1484042 | SH |  | OTR |  | 1484042 | 0 | 0 |
| HIGHLAND OPPS  INCOME FD | HIGHLAND INCOME | 43010E404 |  | 0 | 0 | SH |  | OTR | 1 | 0 | 0 | 0 |
| INDIE SEMICONDUCTOR INC | CLASS A COM | 45569U101 |  | 431827 | 106100 | SH |  | SOLE |  | 106100 | 0 | 0 |
| INTEGRAL AD SCIENCE HLDNG CO | COM | 45828L108 |  | 27286730 | 2683061 | SH |  | SOLE |  | 2683061 | 0 | 0 |
| INTERNATIONAL MNY EXPRESS IN | COM | 46005L101 |  | 535470 | 38330 | SH |  | OTR | 1 | 38330 | 0 | 0 |
| INTERNATIONAL MNY EXPRESS IN | COM | 46005L101 |  | 849097 | 60780 | SH |  | SOLE |  | 60780 | 0 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 3118080 | 67200 | SH |  | SOLE |  | 67200 | 0 | 0 |
| JAMF HLDG CORP | COM | 47074L105 |  | 808492 | 75560 | SH |  | SOLE |  | 75560 | 0 | 0 |
| KBR INC | COM | 48242W106 |  | 2171273 | 45914 | SH |  | SOLE |  | 45914 | 0 | 0 |
| KELLANOVA | COM | 487836108 |  | 732521 | 8931 | SH |  | OTR | 1 | 8931 | 0 | 0 |
| KELLANOVA | COM | 487836108 |  | 9954685 | 121369 | SH |  | SOLE |  | 121369 | 0 | 0 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 4147899 | 71417 | SH |  | SOLE |  | 71417 | 0 | 0 |
| LIGHTWAVE ACQUISITION CORP | UNIT 06/06/2030 | G5490M118 |  | 1004000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| LIONSGATE STUDIOS CORP | COM | 53626N102 |  | 1139390 | 165129 | SH |  | SOLE |  | 165129 | 0 | 0 |
| LOMA NEGRA C I A S A MTN 14 | SPONSORED ADS | 54150E104 |  | 471680 | 64000 | SH |  | OTR | 1 | 64000 | 0 | 0 |
| MARTIN MIDSTREAM PRTNRS L P | UNIT L P INT | 573331105 |  | 1249214 | 408240 | SH |  | SOLE |  | 408240 | 0 | 0 |
| MERIDIANLINK INC | COMMON STOCK | 58985J105 |  | 8771791 | 440130 | SH |  | SOLE |  | 440130 | 0 | 0 |
| MERIDIANLINK INC | COMMON STOCK | 58985J105 |  | 1838343 | 92240 | SH |  | OTR | 1 | 92240 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 251514 | 1800 | SH |  | OTR | 1 | 1800 | 0 | 0 |
| MR COOPER GROUP INC | COM | 62482R107 |  | 37759867 | 179135 | SH |  | SOLE |  | 179135 | 0 | 0 |
| MR COOPER GROUP INC | COM | 62482R107 |  | 2525686 | 11982 | SH |  | OTR | 1 | 11982 | 0 | 0 |
| MRC GLOBAL INC | COM | 55345K103 |  | 12098726 | 839024 | SH |  | SOLE |  | 839024 | 0 | 0 |
| NEXPOINT DIVERSIFIED REL ET | COM NEW | 65340G205 |  | 8030374 | 2176253 | SH |  | SOLE |  | 2176253 | 0 | 0 |
| NEXPOINT DIVERSIFIED REL ET | COM NEW | 65340G205 |  | 2240830 | 607271 | SH |  | OTR |  | 607271 | 0 | 0 |
| NEXPOINT DIVERSIFIED REL ET | COM NEW | 65340G205 |  | 7829356 | 2121777 | SH |  | OTR | 1 | 2121777 | 0 | 0 |
| NEXPOINT REAL ESTATE FIN INC | COM | 65342V101 |  | 104572840 | 7374671 | SH |  | SOLE |  | 7374671 | 0 | 0 |
| NEXPOINT REAL ESTATE FIN INC | COM | 65342V101 |  | 1350035 | 95207 | SH |  | OTR |  | 95207 | 0 | 0 |
| NEXPOINT REAL ESTATE FIN INC | COM | 65342V101 |  | 15845953 | 1117486 | SH |  | OTR | 1 | 1117486 | 0 | 0 |
| NEXPOINT RESIDENTIAL TR INC | COM | 65341D102 |  | 11719026 | 363719 | SH |  | OTR |  | 363719 | 0 | 0 |
| NEXPOINT RESIDENTIAL TR INC | COM | 65341D102 |  | 16458040 | 510802 | SH |  | SOLE |  | 510802 | 0 | 0 |
| NEXPOINT RESIDENTIAL TR INC | COM | 65341D102 |  | 1940643 | 60231 | SH |  | OTR | 1 | 60231 | 0 | 0 |
| NUSCALE PWR CORP | CL A COM | 67079K100 |  | 255600 | 7100 | SH | Put | SOLE |  | 7100 | 0 | 0 |
| PARAMOUNT GROUP INC | COM | 69924R108 |  | 5314136 | 812559 | SH |  | SOLE |  | 812559 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 4961330 | 36475 | SH |  | SOLE |  | 36475 | 0 | 0 |
| PROASSURANCE CORP | COM | 74267C106 |  | 30068106 | 1253360 | SH |  | SOLE |  | 1253360 | 0 | 0 |
| PROASSURANCE CORP | COM | 74267C106 |  | 1814364 | 75630 | SH |  | OTR | 1 | 75630 | 0 | 0 |
| PROS HOLDINGS INC | COM | 74346Y103 |  | 10323658 | 450618 | SH |  | SOLE |  | 450618 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 1373472 | 31408 | SH |  | SOLE |  | 31408 | 0 | 0 |
| READY CAPITAL CORP | COM | 75574U101 |  | 450778 | 116480 | SH |  | SOLE |  | 116480 | 0 | 0 |
| READY CAPITAL CORP | COM | 75574U101 |  | 2927814 | 756541 | SH |  | OTR | 1 | 756541 | 0 | 0 |
| REYNOLDS CONSUMER PRODS INC | COM | 76171L106 |  | 6009220 | 245575 | SH |  | SOLE |  | 245575 | 0 | 0 |
| SAFEHOLD INC | COM | 78646V107 |  | 577095 | 37256 | SH |  | OTR | 1 | 37256 | 0 | 0 |
| SERITAGE GROWTH PPTYS | CL A | 81752R100 |  | 1774375 | 417500 | SH |  | SOLE |  | 417500 | 0 | 0 |
| SIMPLY GOOD FOODS CO | COM | 82900L102 |  | 639810 | 25778 | SH |  | SOLE |  | 25778 | 0 | 0 |
| SOHO HOUSE  CO INC | COM CL A | 586001109 |  | 839334 | 94840 | SH |  | OTR | 1 | 94840 | 0 | 0 |
| SOHO HOUSE  CO INC | COM CL A | 586001109 |  | 17200064 | 1943510 | SH |  | SOLE |  | 1943510 | 0 | 0 |
| SOTERA HEALTH CO | COM | 83601L102 |  | 3733390 | 237342 | SH |  | SOLE |  | 237342 | 0 | 0 |
| STAAR SURGICAL CO | COM PAR $0.01 | 852312305 |  | 14490991 | 539300 | SH | Put | SOLE |  | 539300 | 0 | 0 |
| STAAR SURGICAL CO | COM PAR $0.01 | 852312305 |  | 666376 | 24800 | SH | Put | OTR | 1 | 24800 | 0 | 0 |
| STAAR SURGICAL CO | COM PAR $0.01 | 852312305 |  | 275874 | 10267 | SH |  | OTR | 1 | 10267 | 0 | 0 |
| STAAR SURGICAL CO | COM PAR $0.01 | 852312305 |  | 5999265 | 223270 | SH |  | SOLE |  | 223270 | 0 | 0 |
| STEELCASE INC | CL A | 858155203 |  | 11440614 | 665152 | SH |  | SOLE |  | 665152 | 0 | 0 |
| SURMODICS INC | COM | 868873100 |  | 619978 | 20742 | SH |  | SOLE |  | 20742 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 1593156 | 3229 | SH |  | SOLE |  | 3229 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 4687205 | 9500 | SH | Put | SOLE |  | 9500 | 0 | 0 |
| TALOS ENERGY INC | COM | 87484T108 |  | 465134 | 48502 | SH |  | OTR | 1 | 48502 | 0 | 0 |
| TALOS ENERGY INC | COM | 87484T108 |  | 12159439 | 1267929 | SH |  | SOLE |  | 1267929 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 5997932 | 35800 | SH |  | SOLE |  | 35800 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 739547 | 16850 | SH |  | SOLE |  | 16850 | 0 | 0 |
| TELESAT CORP | CL A  CL B SHS | 879512309 |  | 9262360 | 349523 | SH |  | SOLE |  | 349523 | 0 | 0 |
| TELESAT CORP | CL A  CL B SHS | 879512309 |  | 1248150 | 47100 | SH |  | OTR | 1 | 47100 | 0 | 0 |
| TOURMALINE BIO INC | COM | 89157D105 |  | 21779869 | 455360 | SH |  | SOLE |  | 455360 | 0 | 0 |
| TXNM ENERGY INC | COM | 69349H107 |  | 41036073 | 725660 | SH |  | SOLE |  | 725660 | 0 | 0 |
| VERINT SYS INC | COM | 92343X100 |  | 23122260 | 1141840 | SH |  | SOLE |  | 1141840 | 0 | 0 |
| VERONA PHARMA PLC | SPONSORED ADS | 925050106 |  | 59288183 | 555601 | SH |  | SOLE |  | 555601 | 0 | 0 |
| VERONA PHARMA PLC | SPONSORED ADS | 925050106 |  | 3094590 | 29000 | SH |  | OTR | 1 | 29000 | 0 | 0 |
| VERTEX INC | CL A | 92538J106 |  | 296117 | 11945 | SH |  | SOLE |  | 11945 | 0 | 0 |
| VICTORIAS SECRET AND CO | COMMON STOCK | 926400102 |  | 7206783 | 265541 | SH |  | SOLE |  | 265541 | 0 | 0 |
| VIMEO INC | COMMON STOCK | 92719V100 |  | 13818258 | 1783001 | SH |  | SOLE |  | 1783001 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 14596040 | 74500 | SH |  | SOLE |  | 74500 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 1953000 | 100000 | SH | Put | SOLE |  | 100000 | 0 | 0 |
| WHEELER REAL ESTATE INVT TR | CV PFD SER B | 963025309 |  | 348133 | 82301 | SH |  | SOLE |  | 82301 | 0 | 0 |
| WHITESTONE REIT | COM | 966084204 |  | 10748131 | 875255 | SH |  | SOLE |  | 875255 | 0 | 0 |
| WILLSCOT HLDGS CORP | COM CL A | 971378104 |  | 789831 | 37415 | SH |  | SOLE |  | 37415 | 0 | 0 |
| WNS HLDGS LTD | COM SHS | G98196101 |  | 4484829 | 58802 | SH |  | OTR | 1 | 58802 | 0 | 0 |
| WNS HLDGS LTD | COM SHS | G98196101 |  | 92461816 | 1212296 | SH |  | SOLE |  | 1212296 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 428499 | 1780 | SH |  | SOLE |  | 1780 | 0 | 0 |
| YETI HLDGS INC | COM | 98585X104 |  | 3181896 | 95898 | SH |  | SOLE |  | 95898 | 0 | 0 |
| ZIMVIE INC | COM | 98888T107 |  | 1672970 | 88330 | SH |  | OTR | 1 | 88330 | 0 | 0 |

---