# EDGAR Filing Document

**Accession Number:** 0001825214
**File Stem:** 0001172661-25-004873
**Filing Date:** 2025-11
**Character Count:** 26926
**Document Hash:** ff15b234f85ef3cd2472d0c9aa194c11
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-004873.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001172661-25-004873

**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:** Ghisallo Capital Management LLC
- **CENTRAL INDEX KEY:** 0001825214

**ORGANIZATION NAME:**
- **EIN:** 850621394
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20973
- **FILM NUMBER:** 251481994

**BUSINESS ADDRESS:**
- **STREET 1:** 240 NEWBURY STREET, 2ND FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116
- **BUSINESS PHONE:** (212) 624-0042

**MAIL ADDRESS:**
- **STREET 1:** 240 NEWBURY STREET, 2ND FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116

### 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:** Ghisallo Capital Management LLC<br>**Address:** 240 Newbury Street 2nd Floor<br>Boston, MA 02116

**Form 13F File Number:** 028-20973

**CRD Number (if applicable):** 000309856

**SEC File Number (if applicable):** 801-119233

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:** Paula Eliason<br>**Title:** Chief Compliance Officer<br>**Phone:** 617-938-5328

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

/s/ Paula Eliason  Boston, MA  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:** 0

**Form 13F Information Table Entry Total:** 215

**Form 13F Information Table Value Total:** $3055714997

      (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.]

**NONE**

### 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 |
| 1RT ACQUISITION CORP. | UNIT 06/26/2030 | G6757R121 |  | 2622500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| ACCELERANT HOLDINGS | CL A | G00894108 |  | 6328250 | 425000 | SH |  | SOLE |  | 425000 | 0 | 0 |
| AEROVIRONMENT INC | COM | 008073108 |  | 62978000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| AGRICULTURE  NAT SOL ACQ CO | SHS CL A | G0131Y100 |  | 6552000 | 600000 | SH |  | SOLE |  | 600000 | 0 | 0 |
| ALDEL FINL II INC | CL A | G01558108 |  | 9405000 | 900000 | SH |  | SOLE |  | 900000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | NOTE 0.500% 6/0 | 01609WBG6 |  | 9187302 | 5000000 | SH |  | SOLE |  | 5000000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 17873000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| AMBIQ MICRO INC | COMMON STOCK | 023193105 |  | 598400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| AMER SPORTS INC | COM SHS | G0260P102 |  | 17375000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| AMERICAN HEALTHCARE REIT INC | COM SHS | 398182303 |  | 6301500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| AMERICAN INTEGRITY INS GROUP | COM | 026948109 |  | 1450150 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| AMERICAN SUPERCONDUCTOR CORP | SHS NEW | 030111207 |  | 5939000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 13919000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| APPLIED DIGITAL CORP | COM NEW | 038169207 |  | 4519180 | 197000 | SH |  | SOLE |  | 197000 | 0 | 0 |
| ARCHIMEDES TECH SPAC PARTNER | ORD SHS | G04537109 |  | 8188000 | 800000 | SH |  | SOLE |  | 800000 | 0 | 0 |
| ASPEN INSURANCE HOLDINGS LTD | ORD SHS CL A | G05384501 |  | 6057150 | 165000 | SH |  | SOLE |  | 165000 | 0 | 0 |
| ATEGRITY SPECIALTY IN CO HO | COM | 04681Y103 |  | 1977000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ATOUR LIFESTYLE HLDGS LTD | SPONSORED ADS | 04965M106 |  | 3759000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| AVIDBANK HLDGS INC | COM | 05368J103 |  | 255000 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| AVT 1.750 09/01/30 CVT PUT | CONVERTIBLE BOND | 053807AY9 |  | 7080111 | 7000000 | SH |  | SOLE |  | 7000000 | 0 | 0 |
| BABA         07/09/32 CVT PUT | CONVERTIBLE BOND | YM0158654 |  | 79246757 | 495000000 | SH |  | SOLE |  | 495000000 | 0 | 0 |
| BABA         09/15/32 CVT PUT | CONVERTIBLE BOND | YK0592740 |  | 274507183 | 240000000 | SH |  | SOLE |  | 240000000 | 0 | 0 |
| BAIN CAP GSS INVT CORP | UNIT 99/99/9999 | G0R78B122 |  | 10090000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| BBB FOODS INC | CL A COM | G0896C103 |  | 6740000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| BETA BIONICS INC | COM | 08659B102 |  | 496750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| BIONTECH SE | SPONSORED ADS | 09075V102 |  | 12327500 | 125000 | SH |  | SOLE |  | 125000 | 0 | 0 |
| BIRKENSTOCK HOLDING PLC | COM SHS | M2029K104 |  | 9050000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| BKV CORP | COM | 05603J108 |  | 2313000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| BLACK ROCK COFFEE BAR INC | CL A | 092244102 |  | 2624600 | 110000 | SH |  | SOLE |  | 110000 | 0 | 0 |
| BLEICHROEDER ACQUISITION COR | SHS CL A | G1169T104 |  | 5195000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| BLUE WTR ACQUISITION CORP. I | ORD SHS CL A | G1368E106 |  | 1994000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| BOWHEAD SPECIALTY HLDGS INC | COM SHS | 10240L102 |  | 1352000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 23447500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| BULLISH | ORD SHS | G16910120 |  | 6997100 | 110000 | SH |  | SOLE |  | 110000 | 0 | 0 |
| BXP    2.000 10/01/30 CVT | CONVERTIBLE BOND | 10112RBM5 |  | 19909893 | 20000000 | SH |  | SOLE |  | 20000000 | 0 | 0 |
| CANTOR EQUITY PARTNERS II IN | CL A ORD SHS | G1827P106 |  | 1582500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| CANTOR EQUITY PARTNERS III I | SHS CL A | G1828A108 |  | 5160000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| CANTOR EQUITY PARTNERS IV IN | SHS CL A | G1828E100 |  | 3566500 | 350000 | SH |  | SOLE |  | 350000 | 0 | 0 |
| CARETRUST REIT INC | COM | 14174T107 |  | 5202000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| CARIS LIFE SCIENCES INC | COM | 142152107 |  | 31706931 | 1048163 | SH |  | SOLE |  | 1048163 | 0 | 0 |
| CARLSMED INC | COM | 14280C105 |  | 669500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| CARTESIAN GROWTH CORP III | COM CL A | G19307100 |  | 251125 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 19400000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| CERCA  2.250 08/14/30 CVT PUT | CONVERTIBLE BOND | YM7007433 |  | 4943525 | 5000000 | SH |  | SOLE |  | 5000000 | 0 | 0 |
| CHAGEE HLDGS LTD | SPONSORED ADS | 15743P104 |  | 1986000 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| CHENGHE ACQUISITION III CO | UNIT 09/09/2030 | G2086N113 |  | 2245500 | 225000 | SH |  | SOLE |  | 225000 | 0 | 0 |
| CHIME FINL INC | COM SHS CL A | 16935C109 |  | 4538250 | 225000 | SH |  | SOLE |  | 225000 | 0 | 0 |
| CHPAC        09/18/30 CVT PUT | CONVERTIBLE BOND | YK0477157 |  | 157523793 | 1220000000 | SH |  | SOLE |  | 1220000000 | 0 | 0 |
| CHURCHILL CAP CORP X | SHS CL A | G2130T108 |  | 1286000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| CHURCHILL CAPITAL CORP IX | CL A SHS | G21301109 |  | 4192000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| CIFR         10/01/31 CVT PUT | CONVERTIBLE BOND | 17253JAB2 |  | 21962364 | 20000000 | SH |  | SOLE |  | 20000000 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 6629000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| CLEANCORE SOLUTIONS INC | CLASS B COM SHS | 184492106 |  | 4000000 | 4000000 | SH |  | SOLE |  | 4000000 | 0 | 0 |
| COASTALSOUTH BANCSHARES INC | COM NEW | 19058X207 |  | 436200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| COIN         10/01/29 CVT | CONVERTIBLE BOND | 19260QAG2 |  | 10646466 | 10000000 | SH |  | SOLE |  | 10000000 | 0 | 0 |
| COIN         10/01/32 CVT | CONVERTIBLE BOND | 19260QAJ6 |  | 5518543 | 5000000 | SH |  | SOLE |  | 5000000 | 0 | 0 |
| COINCHECK GROUP NV | SHS | N20967118 |  | 3955140 | 854242 | SH |  | SOLE |  | 854242 | 0 | 0 |
| CONCENTRA GROUP HOLDINGS PAR | COMMON STOCK | 20603L102 |  | 2093000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| COREBRIDGE FINL INC | COM | 21871X109 |  | 3205000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 6842500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| CVLT         09/15/30 CVT | CONVERTIBLE BOND | 204166AA0 |  | 10335121 | 10000000 | SH |  | SOLE |  | 10000000 | 0 | 0 |
| CYTK   1.750 10/01/31 CVT | CONVERTIBLE BOND | 23282WAD2 |  | 5690567 | 5000000 | SH |  | SOLE |  | 5000000 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 14310000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| DLOCAL LTD | CLASS A COM | G29018101 |  | 3570000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| DOLE PLC | ORD SHS | G27907107 |  | 3360000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| DRUGS MADE IN AMER ACQ II CO | UNIT 09/16/2030 | G2851K120 |  | 7458750 | 750000 | SH |  | SOLE |  | 750000 | 0 | 0 |
| DWAHY        03/30/29 '29 CVT | CONVERTIBLE BOND | ZF2943735 |  | 294662 | 40000000 | SH |  | SOLE |  | 40000000 | 0 | 0 |
| EEFT   0.625 10/01/30 CVT | CONVERTIBLE BOND | 298736AM1 |  | 4757119 | 5000000 | SH |  | SOLE |  | 5000000 | 0 | 0 |
| ELBIT SYS LTD | ORD | M3760D101 |  | 50980000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| EQV VENTURES AC CORP. II | UNIT 06/30/2032 | G3106Q110 |  | 8008000 | 800000 | SH |  | SOLE |  | 800000 | 0 | 0 |
| EQV VENTURES ACQUISITION COR | CL A ORD SHS | G3106N109 |  | 10380000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| ETORO GROUP LTD | SHS CL A | G32089107 |  | 4127000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| EVE HLDG INC | COM | 29970N104 |  | 381000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| EXPEDIA GROUP INC | NOTE 2/1 | 30212PBE4 |  | 11081097 | 11000000 | SH |  | SOLE |  | 11000000 | 0 | 0 |
| FIGMA INC | CLASS A COM STK | 316841105 |  | 10374000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| FIGURE TECHNOLOGY SOLUTIO | COM CL A | 349381103 |  | 7274000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| FIGX CAP ACQUISITION CORP. | USD CL A ORD SHS | G3473K100 |  | 1998000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| FIREFLY AEROSPACE INC | COM | 31816X106 |  | 4691200 | 160000 | SH |  | SOLE |  | 160000 | 0 | 0 |
| FIRST WATCH RESTAURANT GROUP | COM | 33748L101 |  | 2516367 | 160893 | SH |  | SOLE |  | 160893 | 0 | 0 |
| FLOWCO HLDGS INC | COM CL A | 342909108 |  | 1039500 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| FORD MTR CO | NOTE 3/1 | 345370CZ1 |  | 4047364 | 4000000 | SH |  | SOLE |  | 4000000 | 0 | 0 |
| FORWARD INDS INC N Y | COM NEW | 349862409 |  | 25000012 | 1351352 | SH |  | SOLE |  | 1351352 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 142973955 | 2495618 | SH |  | SOLE |  | 2495618 | 0 | 0 |
| FUTURECREST ACQUISITION CORP | UNIT 99/99/9999 | G3730U123 |  | 2650000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| GALATA ACQUISITION CORP II | UNIT 09/12/2030 | G3R25N124 |  | 1996000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| GALAXY DIGITAL INC. | CL A | 36317J209 |  | 16905000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| GDS HLDGS LTD | SPONSORED ADS | 36165L108 |  | 7740000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| GEMINI SPACE STA INC | CL A COM | 36866J105 |  | 1677200 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| GORES HLDGS X INC | SHS CL A | G4002F109 |  | 4088000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| GRAB         06/15/30 CVT PUT | CONVERTIBLE BOND | G4124CAA7 |  | 11588103 | 10000000 | SH |  | SOLE |  | 10000000 | 0 | 0 |
| GUARDIAN PHARMACY SVCS INC | CL A | 40145W101 |  | 2623000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| HAWAIIAN ELEC INDUSTRIES | COM | 419870100 |  | 2760000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| HCM III ACQUISITION CORP | ORD SHS CL A | G4365E103 |  | 252500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| HEARTFLOW INC | COM | 42238D107 |  | 2524500 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| HELIUS MED TECHNOLOGIES INC | COM CL A NEW | 42328V876 |  | 4999996 | 726638 | SH |  | SOLE |  | 726638 | 0 | 0 |
| HESAI GROUP | SPONSORED ADS | 428050108 |  | 14050000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| HILTON GRAND VACATIONS INC | COM | 43283X105 |  | 5226250 | 125000 | SH |  | SOLE |  | 125000 | 0 | 0 |
| HINGE HEALTH INC | CL A | 433313103 |  | 3681000 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| HOLLEY INC | COM | 43538H103 |  | 143454 | 45686 | SH |  | SOLE |  | 45686 | 0 | 0 |
| HPEVG  0.500 07/16/30 CVT PUT | CONVERTIBLE BOND | YM1588222 |  | 10056257 | 80000000 | SH |  | SOLE |  | 80000000 | 0 | 0 |
| INFINITY NAT RES INC | COM CL A | 456941103 |  | 983250 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| INGRAM MICRO HLDG CORP | COM | 457152106 |  | 3223500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| INSPIREMD INC | COM | 45779A846 |  | 2221025 | 921587 | SH |  | SOLE |  | 921587 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 33550000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| JEFFERSON CAPITAL INC | COM | 47248R103 |  | 604100 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| JLMAG  1.750 08/04/30 CVT PUT | CONVERTIBLE BOND | YM6853217 |  | 3290255 | 3000000 | SH |  | SOLE |  | 3000000 | 0 | 0 |
| KARMAN HLDGS INC | COMMON STOCK | 485924104 |  | 16245000 | 225000 | SH |  | SOLE |  | 225000 | 0 | 0 |
| KCCOP  1.750 07/10/30 CVT PUT | CONVERTIBLE BOND | YM0319504 |  | 13915565 | 12000000 | SH |  | SOLE |  | 12000000 | 0 | 0 |
| KE HLDGS INC | SPONSORED ADS | 482497104 |  | 47500000 | 2500000 | SH |  | SOLE |  | 2500000 | 0 | 0 |
| KESTRA MED TECHNOLOGIES LTD | SHS | G52441105 |  | 1782000 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| KIMBELL RTY PARTNERS LP | UNIT | 49435R102 |  | 1686250 | 125000 | SH |  | SOLE |  | 125000 | 0 | 0 |
| KINGSOFT CLOUD HLDGS LTD | ADS | 49639K101 |  | 7460000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| KODIAK GAS SVCS INC | COM | 50012A108 |  | 9242500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| KRATOS DEFENSE  SEC SOLUTIO | COM NEW | 50077B207 |  | 18274000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| LANDBRIDGE COMPANY LLC | CL A | 514952100 |  | 6935500 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| LATAM AIRLINES GROUP SA | SPONSORED ADR | 51817R205 |  | 38018733 | 840193 | SH |  | SOLE |  | 840193 | 0 | 0 |
| LEGENCE CORP | CL A | 52476L109 |  | 4621500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| LHAG         09/10/32 CVT PUT | CONVERTIBLE BOND | YL8582642 |  | 6318454 | 5500000 | SH |  | SOLE |  | 5500000 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 10136000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| LIGHTWAVE ACQUISITION CORP | USD CL A ORD SHS | G5490M100 |  | 3240250 | 325000 | SH |  | SOLE |  | 325000 | 0 | 0 |
| LINEAGE INC | COM | 53566V106 |  | 7731864 | 200100 | SH |  | SOLE |  | 200100 | 0 | 0 |
| LITE   0.375 03/15/32 CVT | CONVERTIBLE BOND | 55024UAJ8 |  | 9192168 | 8000000 | SH |  | SOLE |  | 8000000 | 0 | 0 |
| LITE STRATEGY INC | COM | 55279B301 |  | 605000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| LNT    3.250 05/30/28 CVT | CONVERTIBLE BOND | 018802AD0 |  | 15470306 | 15000000 | SH |  | SOLE |  | 15000000 | 0 | 0 |
| LOAR HOLDINGS INC | COM SHS | 53947R105 |  | 60000000 | 750000 | SH |  | SOLE |  | 750000 | 0 | 0 |
| LOGCO  6.950 08/04/26 CVT PUT | CONVERTIBLE BOND | BT8137494 |  | 646428 | 56000000 | SH |  | SOLE |  | 56000000 | 0 | 0 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 16634500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| LUCID DIAGNOSTICS INC | COM | 54948X109 |  | 2989667 | 2960066 | SH |  | SOLE |  | 2960066 | 0 | 0 |
| M3-BRIGADE ACQUISITION VI CO | UNIT 08/18/2030 | G63221124 |  | 1012000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| MAKEMYTRIP LIMITED MAURITIUS | SHS | V5633W109 |  | 31206240 | 333400 | SH |  | SOLE |  | 333400 | 0 | 0 |
| MBX BIOSCIENCES INC | COM | 55287L101 |  | 669375 | 38250 | SH |  | SOLE |  | 38250 | 0 | 0 |
| MCGRAW HILL INC | COM | 580907103 |  | 3137500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| MIAMI INTL HLDGS INC | COM | 59356Q108 |  | 11071500 | 275000 | SH |  | SOLE |  | 275000 | 0 | 0 |
| MIRION TECHNOLOGIES INC | COM CL A | 60471A101 |  | 18024174 | 774900 | SH |  | SOLE |  | 774900 | 0 | 0 |
| MIRX         10/01/31 CVT | CONVERTIBLE BOND | 60471AAC5 |  | 2675946 | 2500000 | SH |  | SOLE |  | 2500000 | 0 | 0 |
| MMGLT        10/08/30 CVT PUT | CONVERTIBLE BOND | YK5500748 |  | 21630445 | 20000000 | SH |  | SOLE |  | 20000000 | 0 | 0 |
| MMYT         07/01/30 CVT PUT | CONVERTIBLE BOND | 56087FAC8 |  | 20539149 | 20000000 | SH |  | SOLE |  | 20000000 | 0 | 0 |
| MNTN INC | CL A | 55318A108 |  | 1855000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| MOBILEYE GLOBAL INC | COMMON CLASS A | 60741F104 |  | 14120000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 6707000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| NABORS ENERGY TRANSITION COR | CL A | G6363K106 |  | 6723758 | 599800 | SH |  | SOLE |  | 599800 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 22112500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| NBIS   1.000 09/15/30 CVT | CONVERTIBLE BOND | 63954QAE6 |  | 34887763 | 30000000 | SH |  | SOLE |  | 30000000 | 0 | 0 |
| NBIS   2.750 09/15/32 CVT | CONVERTIBLE BOND | 63954QAF3 |  | 29080538 | 25000000 | SH |  | SOLE |  | 25000000 | 0 | 0 |
| NCLH   0.750 09/15/30 CVT | CONVERTIBLE BOND | 62886HBW0 |  | 3538491 | 3500000 | SH |  | SOLE |  | 3500000 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 180084224 | 1604028 | SH |  | SOLE |  | 1604028 | 0 | 0 |
| NETSKOPE INC | CL A | 64119N608 |  | 5682500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| NETSTREIT CORP | COM | 64119V303 |  | 1806000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| NEW PROVIDENCE ACQUISITION C | USD CL A ORD SHS | G6476A102 |  | 10170000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| NEWBURY STR II ACQUISITION C | ORD SHS CL A | G6439S109 |  | 9837250 | 950000 | SH |  | SOLE |  | 950000 | 0 | 0 |
| NEWS CORP NEW | CL B | 65249B208 |  | 4358413 | 126148 | SH |  | SOLE |  | 126148 | 0 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 91440000 | 12000000 | SH |  | SOLE |  | 12000000 | 0 | 0 |
| NIQ GLOBAL INTELLIGENCE PLC | ORDINARY SHARES | G63755105 |  | 10205000 | 650000 | SH |  | SOLE |  | 650000 | 0 | 0 |
| OAKTREE ACQUISITION CORP III | SHS CL A | G6717R104 |  | 4711500 | 450000 | SH |  | SOLE |  | 450000 | 0 | 0 |
| OKLO INC | COM CL A | 02156V109 |  | 27907500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| OMADA HEALTH INC | COM | 68170A108 |  | 1989900 | 90000 | SH |  | SOLE |  | 90000 | 0 | 0 |
| ONDAS HLDGS INC | COM NEW | 68236H204 |  | 7720000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| OSCR   2.250 09/01/30 CVT | CONVERTIBLE BOND | 687793AD1 |  | 5479070 | 5000000 | SH |  | SOLE |  | 5000000 | 0 | 0 |
| OTG ACQUISITION CORP. I | UNIT 09/05/2030 | G6791A126 |  | 2517500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| OXLEY BRIDGE ACQ LTD | USD CL A ORD SHS | G6858G107 |  | 4970000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| PATTERN GROUP INC | COM SER A | 70339W104 |  | 2740000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| PERIMETER ACQUISITION CORP I | COM CL A | G7010A129 |  | 5125000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| PINGA        06/11/30 CVT PUT | CONVERTIBLE BOND | YN1128530 |  | 98689310 | 701000000 | SH |  | SOLE |  | 701000000 | 0 | 0 |
| PINGA  0.875 07/22/29 | CONVERTIBLE BOND | YW4260876 |  | 15641377 | 11500000 | SH |  | SOLE |  | 11500000 | 0 | 0 |
| PIONEER ACQUISITION I CORP | CL A ORD SHS | G7117W107 |  | 2485000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| PLANET LABS PBC | COM CL A | 72703X106 |  | 519200 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| PONY AI INC | SPONSORED ADS | 732908108 |  | 53076400 | 2360000 | SH |  | SOLE |  | 2360000 | 0 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 5525000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| PROCAP ACQUISITION CORP | SHS CL A | G7257A105 |  | 1027000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| QUANC        10/02/30 CVT PUT | CONVERTIBLE BOND | YK3645941 |  | 64596172 | 65000000 | SH |  | SOLE |  | 65000000 | 0 | 0 |
| QUANTUM COMPUTING INC | COM | 74766W108 |  | 74193994 | 4030092 | SH |  | SOLE |  | 4030092 | 0 | 0 |
| QXO INC | COM NEW | 82846H405 |  | 7624000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| RAMACO RES INC | COM CL A | 75134P600 |  | 9957000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| SABLE OFFSHORE CORP | COM SHS | 78574H104 |  | 1746000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| SAILPOINT INC | COM | 78781J109 |  | 9936000 | 450000 | SH |  | SOLE |  | 450000 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 |  | 33660000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| SAVERS VALUE VLG INC | COM | 80517M109 |  | 3312500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| SCHN   1.250 09/23/33 CVT | CONVERTIBLE BOND | YK1745230 |  | 4743119 | 4000000 | SH |  | SOLE |  | 4000000 | 0 | 0 |
| SERVICETITAN INC | SHS CL A | 81764X103 |  | 34437579 | 341541 | SH |  | SOLE |  | 341541 | 0 | 0 |
| SIMMONS 1ST NATL CORP | CL A $1 PAR | 828730200 |  | 4313250 | 225000 | SH |  | SOLE |  | 225000 | 0 | 0 |
| SLIDE INS HLDGS INC | COM | 831349105 |  | 6314000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| SMARTSTOP SELF STORAG REIT I | COMMON STOCK | 83192D402 |  | 11292000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| SMITH DOUGLAS HOMES CORP | COM SHS CL A | 83207R107 |  | 883000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| SMITHFIELD FOODS INC | COM | 832248207 |  | 1761000 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| SO   3.250 06/15/28 CVT | CONVERTIBLE BOND | 842587EC7 |  | 10131201 | 10000000 | SH |  | SOLE |  | 10000000 | 0 | 0 |
| SPORTRADAR GROUP AG | CLASS A ORD SHS | H8088L103 |  | 2690000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| SPX TECHNOLOGIES INC | COM | 78473E103 |  | 9339000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| STANDARDAERO INC | COM | 85423L103 |  | 20467500 | 750000 | SH |  | SOLE |  | 750000 | 0 | 0 |
| STRIVE INC | CL A COM | 862945102 |  | 15000000 | 11111111 | SH |  | SOLE |  | 11111111 | 0 | 0 |
| STUBHUB HLDGS INC | CL A | 86384P109 |  | 336800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| SUPER MICRO COMPUTER INC | NOTE 3.500% 3/0 | 86800UAB0 |  | 12675006 | 12500000 | SH |  | SOLE |  | 12500000 | 0 | 0 |
| TITAN ACQUISITION CORP | CL A | G8901A103 |  | 10120000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| TITAN AMER SA | COMMON SHARES | B9151N105 |  | 3585600 | 240000 | SH |  | SOLE |  | 240000 | 0 | 0 |
| TRAILBLAZER ACQUISITION CORP | UNIT 08/21/2030 | G9009S129 |  | 4100000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 |  | 57720000 | 18500000 | SH |  | SOLE |  | 18500000 | 0 | 0 |
| TWFG INC | COM CL A | 87318A101 |  | 2744000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| TYLER TEX INDPT SCH DIST | NOTE 0.250% 3/1 | 902252AB1 |  | 8219942 | 7500000 | SH |  | SOLE |  | 7500000 | 0 | 0 |
| UL SOLUTIONS INC | CLASS A COM SHS | 903731107 |  | 7086000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| VENTURE GLOBAL INC | COM CL A | 92333F101 |  | 1419000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| VERTICAL AEROSPACE LTD | SHS NEW | G9471C206 |  | 519000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| VIA TRANSN INC | COM CL A | 92556W104 |  | 4808000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 3261000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| VIPER ENERGY INC | CL A | 64361Q101 |  | 9555000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| VOYAGER TECHNOLOGIES INC | COM CL A | 92892B103 |  | 4467000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| WATERBRIDGE INFRASTRUCTURE L | CL A SHS REPSTG | 940923105 |  | 7566000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| WAYSTAR HLDG CORP | COM | 946784105 |  | 18960000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| WEN ACQUISITION CORP | COM CL A | G9R39C103 |  | 2026000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| WHITEFIBER INC | SHS | G96115103 |  | 679250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| WIXX         09/15/30 CVT | CONVERTIBLE BOND | 92940WAE9 |  | 10931936 | 10000000 | SH |  | SOLE |  | 10000000 | 0 | 0 |
| WULF   1.000 09/01/31 CVT | CONVERTIBLE BOND | 88080TAC8 |  | 8939113 | 7500000 | SH |  | SOLE |  | 7500000 | 0 | 0 |
| WUXIA        10/19/25 CVT EXCD | CONVERTIBLE BOND | YU3705321 |  | 12147425 | 8000000 | SH |  | SOLE |  | 8000000 | 0 | 0 |
| XPENG INC | ADS | 98422D105 |  | 11710000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| XTEPI  1.500 02/18/26 CVT | CONVERTIBLE BOND | YR4068270 |  | 7486323 | 56000000 | SH |  | SOLE |  | 56000000 | 0 | 0 |
| ZEVIA PBC | CL A | 98955K104 |  | 2992000 | 1100000 | SH |  | SOLE |  | 1100000 | 0 | 0 |
| ZHDIG        01/24/29 CVT PUT | CONVERTIBLE BOND | G989AVAA5 |  | 4240312 | 2500000 | SH |  | SOLE |  | 2500000 | 0 | 0 |

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