# EDGAR Filing Document

**Accession Number:** 0001054587
**File Stem:** 0001193125-25-282907
**Filing Date:** 2025-11
**Character Count:** 47263
**Document Hash:** 0bd69ca3d2802f1a5494c289561ac217
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-282907.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001193125-25-282907

**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:** Sculptor Capital LP
- **CENTRAL INDEX KEY:** 0001054587

**ORGANIZATION NAME:**
- **EIN:** 133980578
- **FISCAL YEAR END:** 1231
- **LEGAL ENTITY IDENTIFIER:** HL5S0Q35D58KLZHEX572

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06663
- **FILM NUMBER:** 251485751

**BUSINESS ADDRESS:**
- **STREET 1:** 9 WEST 57TH STREET
- **STREET 2:** 40TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-790-0000

**MAIL ADDRESS:**
- **STREET 1:** 9 WEST 57TH STREET
- **STREET 2:** 40TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OZ MANAGEMENT LP
- **DATE OF NAME CHANGE:** 20070703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OZ MANAGEMENT LLC
- **DATE OF NAME CHANGE:** 19980204

### 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:** Sculptor Capital LP<br>**Address:** 9 West 57th Street<br>40th Floor<br>New York, NY 10019

**Form 13F File Number:** 028-06663

**CRD Number (if applicable):** 000107913

**SEC File Number (if applicable):** 801-56729

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:** Wayne Cohen<br>**Title:** President and Chief Operating Officer<br>**Phone:** (212) 790-0000

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

s/Wayne Cohen  New York, NY  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:** 2

**Form 13F Information Table Entry Total:** 404

**Form 13F Information Table Value Total:** $8471049563

      (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   |
|:---|:---|:---|
|  | Sculptor Capital II LP | 028-13627              |
|  | Rithm Capital Corp.    | 028-25604              |

### 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 |
| 1 800 FLOWERS COM INC | CL A | 68243Q106 |  | 863420 | 187700 | SH |  | DFND | 12 | 0 | 0 | 187700 |
| 1 800 FLOWERS COM INC | CL A | 68243Q106 |  | 863420 | 187700 | SH | Put | DFND | 12 | 0 | 0 | 187700 |
| ABOVE FOOD INGREDIENTS INC | *W EXP 06/28/202 | 00373V118 |  | 21956 | 83500 | SH |  | DFND |  | 2 | 83500 | 0 |
| ABPRO HLDGS INC | *W EXP 11/12/202 | 000847111 |  | 186 | 6820 | SH |  | DFND | 12 | 0 | 0 | 6820 |
| ABPRO HLDGS INC | *W EXP 11/12/202 | 000847111 |  | 745 | 27281 | SH |  | DFND |  | 2 | 27281 | 0 |
| ADS TEC ENERGY PLC | *W EXP 99/99/999 | G0085J109 |  | 96738 | 86373 | SH |  | DFND | 12 | 0 | 0 | 86373 |
| ADS TEC ENERGY PLC | *W EXP 99/99/999 | G0085J109 |  | 158286 | 141327 | SH |  | DFND |  | 2 | 141327 | 0 |
| AEHR TEST SYS | COM | 00760J108 |  | 9033000 | 300000 | SH |  | DFND | 12 | 0 | 0 | 300000 |
| AEHR TEST SYS | COM | 00760J108 |  | 9033000 | 300000 | SH | Put | DFND | 12 | 0 | 0 | 300000 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 43197000 | 357000 | SH |  | DFND |  | 2 | 357000 | 0 |
| AERIES TECHNOLOGY INC | *W EXP 11/06/202 | G0136H110 |  | 8398 | 225437 | SH |  | DFND | 12 | 0 | 0 | 225437 |
| AERIES TECHNOLOGY INC | *W EXP 11/06/202 | G0136H110 |  | 9281 | 249163 | SH |  | DFND |  | 2 | 249163 | 0 |
| AFFIRM HLDGS INC | COM CL A | 00827B106 |  | 13614804 | 186300 | SH | Put | DFND |  | 2 | 186300 | 0 |
| AFFIRM HLDGS INC | NOTE 11/1 | 00827BAB2 |  | 26229500 | 27500000 | PRN |  | DFND |  | 2 | 27500000 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 206414 | 1700 | SH | Put | DFND |  | 2 | 1700 | 0 |
| AIRBNB INC | NOTE 3/1 | 009066AB7 |  | 8378710 | 8558000 | PRN |  | DFND |  | 2 | 8558000 | 0 |
| AIRSCULPT TECHNOLOGIES INC | COM | 009496100 |  | 3548850 | 442500 | SH |  | DFND | 12 | 0 | 0 | 442500 |
| AIRSCULPT TECHNOLOGIES INC | COM | 009496100 |  | 3548850 | 442500 | SH | Put | DFND | 12 | 0 | 0 | 442500 |
| ALEANNA INC | COM CL A | 01444V103 |  | 111853 | 26600 | SH |  | DFND | 12 | 0 | 0 | 26600 |
| ALEANNA INC | COM CL A | 01444V103 |  | 123627 | 29400 | SH |  | DFND |  | 2 | 29400 | 0 |
| ALEANNA INC | *W EXP 12/13/202 | 01444V111 |  | 39012 | 181453 | SH |  | DFND | 12 | 0 | 0 | 181453 |
| ALEANNA INC | *W EXP 12/13/202 | 01444V111 |  | 43118 | 200547 | SH |  | DFND |  | 2 | 200547 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 59856677 | 334900 | SH | Put | DFND |  | 2 | 334900 | 0 |
| ALIBABA GROUP HLDG LTD | NOTE 0.500% 6/0 | 01609WBG6 |  | 82747575 | 45000000 | PRN |  | DFND |  | 2 | 45000000 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 90433200 | 372000 | SH |  | DFND |  | 2 | 372000 | 0 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 7387345 | 157412 | SH |  | DFND |  | 2 | 157412 | 0 |
| ALTIMMUNE INC | COM NEW | 02155H200 |  | 1043159 | 276700 | SH |  | DFND | 12 | 0 | 0 | 276700 |
| ALTIMMUNE INC | COM NEW | 02155H200 |  | 1043159 | 276700 | SH | Put | DFND | 12 | 0 | 0 | 276700 |
| ALVOTECH | ORDINARY SHARES | L01800108 |  | 34262 | 19447 | SH |  | DFND |  | 2 | 19447 | 0 |
| ALVOTECH | ORDINARY SHARES | L01800108 |  | 25324 | 14374 | SH |  | DFND | 12 | 0 | 0 | 14374 |
| ALVOTECH | *W EXP 99/99/999 | L01800116 |  | 9553 | 6543 | SH |  | DFND |  | 2 | 6543 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 137980203 | 628411 | SH |  | DFND |  | 2 | 628411 | 0 |
| AMC ENTMT HLDGS INC | CL A NEW | 00165C302 |  | 6524710 | 2249900 | SH | Put | DFND |  | 2 | 2249900 | 0 |
| AMC NETWORKS INC | NOTE 4.250% 2/1 | 00164VAJ2 |  | 9287750 | 9700000 | PRN |  | DFND |  | 2 | 9700000 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 281000 | 25000 | SH |  | DFND |  | 2 | 25000 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 28771028 | 2559700 | SH | Put | DFND |  | 2 | 2559700 | 0 |
| AMERICAN EXCEPTIONALISM ACQU | ORD CL A | G0273J101 |  | 10930000 | 1000000 | SH |  | DFND |  | 2 | 1000000 | 0 |
| BLUE GOLD LTD | *W EXP 04/01/203 | G1331C112 |  | 11349 | 23703 | SH |  | DFND | 12 | 0 | 0 | 23703 |
| BLUE GOLD LTD | *W EXP 04/01/203 | G1331C112 |  | 12543 | 26197 | SH |  | DFND |  | 2 | 26197 | 0 |
| BOEING CO | DEP CONV PFD A | 097023204 |  | 8810971 | 126649 | SH |  | DFND | 12 | 0 | 0 | 126649 |
| BOLD EAGLE ACQUISITION CORP | RIGHT 10/11/2029 | G2003N121 |  | 119875 | 443983 | SH |  | DFND |  | 2 | 443983 | 0 |
| BOLT PROJS HLDGS INC | *W EXP 08/13/202 | 09769B115 |  | 1493 | 37500 | SH |  | DFND | 12 | 0 | 0 | 37500 |
| BOLT PROJS HLDGS INC | *W EXP 08/13/202 | 09769B115 |  | 8458 | 212500 | SH |  | DFND |  | 2 | 212500 | 0 |
| BRAND ENGAGEMENT NETWORK INC | *W EXP 03/14/202 | 104932116 |  | 99 | 6149 | SH |  | DFND | 12 | 0 | 0 | 6149 |
| BRAND ENGAGEMENT NETWORK INC | *W EXP 03/14/202 | 104932116 |  | 4299 | 266993 | SH |  | DFND |  | 2 | 266993 | 0 |
| BRIDGER AEROSPACE GRP HLDGS | *W EXP 01/24/202 | 96812F110 |  | 8482 | 96000 | SH |  | DFND |  | 2 | 96000 | 0 |
| BRIGHTSPRING HEALTH SVCS INC | UNIT 02/01/2027 | 10950A205 |  | 18009184 | 178150 | SH |  | DFND |  | 2 | 178150 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 16495500 | 50000 | SH |  | DFND |  | 2 | 50000 | 0 |
| BRUKER CORP | COM | 116794108 |  | 99900284 | 3074801 | SH |  | DFND |  | 2 | 3074801 | 0 |
| BRUKER CORP | 6.375 PREF SER A | 116794207 |  | 10207177 | 37554 | SH |  | DFND |  | 2 | 37554 | 0 |
| BTC DEV CORP | UNIT 09/11/2030 | G0701G125 |  | 2525000 | 250000 | SH |  | DFND |  | 2 | 250000 | 0 |
| BULLISH | ORD SHS | G16910120 |  | 2137296 | 33600 | SH |  | DFND | 12 | 0 | 0 | 33600 |
| BULLISH | ORD SHS | G16910120 |  | 2137296 | 33600 | SH | Put | DFND | 12 | 0 | 0 | 33600 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 21461986 | 61100 | SH |  | DFND |  | 2 | 61100 | 0 |
| CAMTEK LTD | ORD | M20791105 |  | 13845590 | 131800 | SH | Put | DFND |  | 2 | 131800 | 0 |
| CANADIAN SOLAR INC | COM | 136635109 |  | 355992 | 27300 | SH |  | DFND | 12 | 0 | 0 | 27300 |
| CANADIAN SOLAR INC | COM | 136635109 |  | 355992 | 27300 | SH | Put | DFND | 12 | 0 | 0 | 27300 |
| CANTOR EQUITY PARTNERS III I | SHS CL A | G1828A108 |  | 1032000 | 100000 | SH |  | DFND |  | 2 | 100000 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 15715476 | 543600 | SH | Put | DFND |  | 2 | 543600 | 0 |
| CENTURI HOLDINGS INC | COM SHS | 155923105 |  | 529250 | 25000 | SH |  | DFND |  | 2 | 25000 | 0 |
| CHATHAM LODGING TR | COM | 16208T102 |  | 14345275 | 2137895 | SH |  | DFND | 12 | 0 | 0 | 2137895 |
| CHECHE GROUP INC | *W EXP 10/01/203 | G20707116 |  | 280 | 7772 | SH |  | DFND | 12 | 0 | 0 | 7772 |
| CHECHE GROUP INC | *W EXP 10/01/203 | G20707116 |  | 12119 | 336628 | SH |  | DFND |  | 2 | 336628 | 0 |
| CHEFS WHSE INC | NOTE 2.375%12/1 | 163086AE1 |  | 14561730 | 10037000 | PRN |  | DFND |  | 2 | 10037000 | 0 |
| CHURCHILL CAP CORP X | SHS CL A | G2130T108 |  | 4638653 | 360704 | SH |  | DFND |  | 2 | 360704 | 0 |
| CHURCHILL CAP CORP X | *W EXP 05/14/203 | G2130T116 |  | 439381 | 124119 | SH |  | DFND |  | 2 | 124119 | 0 |
| LUCID GROUP INC | COM | 549498202 |  | 5060133 | 212700 | SH | Put | DFND |  | 2 | 208650 | 0 |
| CHURCHILL CAPITAL CORP IX | CL A SHS | G21301109 |  | 5360656 | 511513 | SH |  | DFND |  | 2 | 511513 | 0 |
| CHURCHILL CAPITAL CORP IX | *W EXP 03/31/203 | G21301117 |  | 362059 | 458303 | SH |  | DFND |  | 2 | 458303 | 0 |
| CID HOLDCO INC | *W EXP 12/31/202 | 171756117 |  | 23299 | 154042 | SH |  | DFND | 12 | 0 | 0 | 154042 |
| CID HOLDCO INC | *W EXP 12/31/202 | 171756117 |  | 25752 | 170258 | SH |  | DFND |  | 2 | 170258 | 0 |
| CLEARBRIDGE ENERGY MIDSTRM O | RIGHT 10/10/2025 | 18469P118 |  | 7068 | 372001 | SH |  | DFND |  | 2 | 372001 | 0 |
| COHEN  STEERS INFRASTRUCTUR | RIGHT 10/16/2025 | 19248A117 |  | 37776 | 484312 | SH |  | DFND |  | 2 | 484312 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 38406362 | 113800 | SH | Put | DFND |  | 2 | 113800 | 0 |
| ANAVEX LIFE SCIENCES CORP | COM NEW | 032797300 |  | 1387510 | 155900 | SH |  | DFND | 12 | 0 | 0 | 155900 |
| ANAVEX LIFE SCIENCES CORP | COM NEW | 032797300 |  | 1387510 | 155900 | SH | Put | DFND | 12 | 0 | 0 | 155900 |
| ANDRETTI ACQUISITION CORP II | *W EXP 06/01/203 | G26745128 |  | 31831 | 135507 | SH |  | DFND |  | 2 | 135507 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 1199430 | 9000 | SH | Put | DFND | 12 | 0 | 0 | 9000 |
| APOLLO GLOBAL MGMT INC | SER A MAND CNV | 03769M304 |  | 45421823 | 646298 | SH |  | DFND | 12 | 0 | 0 | 646298 |
| APPLIED DIGITAL CORP | COM NEW | 038169207 |  | 481740 | 21000 | SH | Put | DFND |  | 2 | 21000 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 5118500 | 25000 | SH |  | DFND |  | 2 | 25000 | 0 |
| ARCHIMEDES TECH SPAC PARTNER | ORD SHS | G04537109 |  | 7555622 | 740000 | SH |  | DFND |  | 2 | 740000 | 0 |
| ARES MANAGEMENT CORPORATION | 6.75 SE B PFD | 03990B309 |  | 14323639 | 288260 | SH |  | DFND | 12 | 0 | 0 | 288260 |
| ARS PHARMACEUTICALS INC | COM | 82835W108 |  | 774855 | 77100 | SH |  | DFND | 12 | 0 | 0 | 77100 |
| ARS PHARMACEUTICALS INC | COM | 82835W108 |  | 774855 | 77100 | SH | Put | DFND | 12 | 0 | 0 | 77100 |
| ARTIUS II ACQUISITION INC | SHS CL A | G0509J115 |  | 10180000 | 1000000 | SH |  | DFND |  | 2 | 1000000 | 0 |
| ARTIUS II ACQUISITION INC | RIGHT 11/27/2029 | G0509J123 |  | 455400 | 1980000 | SH |  | DFND |  | 2 | 1980000 | 0 |
| ASPIRE BIOPHARMA HLDGS INC | *W EXP 02/14/203 | 738920115 |  | 2795 | 100000 | SH |  | DFND | 12 | 0 | 0 | 100000 |
| ASPIRE BIOPHARMA HLDGS INC | *W EXP 02/14/203 | 738920115 |  | 11180 | 400000 | SH |  | DFND |  | 2 | 400000 | 0 |
| AST SPACEMOBILE INC | COM CL A | 00217D100 |  | 2326392 | 47400 | SH | Put | DFND |  | 2 | 47400 | 0 |
| AURORA CANNABIS INC | COM | 05156X850 |  | 503620 | 84500 | SH |  | DFND | 12 | 0 | 0 | 84500 |
| AURORA CANNABIS INC | COM | 05156X850 |  | 503620 | 84500 | SH | Put | DFND | 12 | 0 | 0 | 84500 |
| BAIN CAP GSS INVT CORP | UNIT 99/99/9999 | G0R78B122 |  | 15135000 | 1500000 | SH |  | DFND |  | 2 | 1500000 | 0 |
| BAIRD MED INVT HLDGS LTD | *W EXP 10/01/202 | G0705H111 |  | 23707 | 332500 | SH |  | DFND | 12 | 0 | 0 | 332500 |
| BAIRD MED INVT HLDGS LTD | *W EXP 10/01/202 | G0705H111 |  | 26203 | 367500 | SH |  | DFND |  | 2 | 367500 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 67100791 | 1300655 | SH |  | DFND |  | 2 | 1300655 | 0 |
| BERTO ACQUISITION CORP | ORD SHS | G1051H101 |  | 1228323 | 118108 | SH |  | DFND |  | 2 | 118108 | 0 |
| BEYOND MEAT INC | COM | 08862E109 |  | 1890 | 1000 | SH |  | DFND | 12 | 0 | 0 | 1000 |
| BEYOND MEAT INC | COM | 08862E109 |  | 1890 | 1000 | SH | Put | DFND | 12 | 0 | 0 | 1000 |
| BEYOND MEAT INC | COM | 08862E109 |  | 175581 | 92900 | SH | Put | DFND |  | 2 | 92900 | 0 |
| BEYOND MEAT INC | NOTE 3/1 | 08862EAB5 |  | 1975900 | 10000000 | PRN |  | DFND |  | 2 | 10000000 | 0 |
| BIGBEAR AI HLDGS INC | COM | 08975B109 |  | 1592836 | 244300 | SH |  | DFND | 12 | 0 | 0 | 244300 |
| BIGBEAR AI HLDGS INC | COM | 08975B109 |  | 1593488 | 244400 | SH | Put | DFND | 12 | 0 | 0 | 244400 |
| BILIBILI INC | SPONS ADS REP Z | 090040106 |  | 27045052 | 962800 | SH | Put | DFND |  | 2 | 962800 | 0 |
| BIOMEA FUSION INC | COM | 09077A106 |  | 171296 | 84800 | SH |  | DFND | 12 | 0 | 0 | 84800 |
| BIOMEA FUSION INC | COM | 09077A106 |  | 171296 | 84800 | SH | Put | DFND | 12 | 0 | 0 | 84800 |
| BITDEER TECHNOLOGIES GROUP | CL A ORD SHS | G11448100 |  | 697272 | 40800 | SH | Put | DFND |  | 2 | 40800 | 0 |
| BITWISE BITCOIN ETF TR | SHS BEN INT | 09174C104 |  | 34300517 | 551278 | SH |  | DFND |  | 2 | 551278 | 0 |
| BLAIZE HLDGS INC | *W EXP 01/13/203 | 092915115 |  | 154063 | 250000 | SH |  | DFND |  | 2 | 250000 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 93120027 | 1101100 | SH | Put | DFND |  | 2 | 1101100 | 0 |
| BLOOM ENERGY CORP | NOTE 3.000% 6/0 | 093712AM9 |  | 101680635 | 24500000 | PRN |  | DFND |  | 2 | 24500000 | 0 |
| HIMS  HERS HEALTH INC | COM CL A | 433000106 |  | 2836000 | 50000 | SH |  | DFND | 12 | 0 | 0 | 50000 |
| HIMS  HERS HEALTH INC | COM CL A | 433000106 |  | 2836000 | 50000 | SH | Put | DFND | 12 | 0 | 0 | 50000 |
| HIMS  HERS HEALTH INC | COM CL A | 433000106 |  | 10635000 | 187500 | SH | Put | DFND |  | 2 | 187500 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 66031395 | 336500 | SH |  | DFND |  | 2 | 336500 | 0 |
| IMMUNITYBIO INC | COM | 45256X103 |  | 1522740 | 619000 | SH |  | DFND | 12 | 0 | 0 | 619000 |
| IMMUNITYBIO INC | COM | 45256X103 |  | 1525200 | 620000 | SH | Put | DFND | 12 | 0 | 0 | 620000 |
| IMPINJ INC | COM | 453204109 |  | 1032986 | 5715 | SH |  | DFND |  | 2 | 5715 | 0 |
| INFLECTION PT ACQUISITION CO | CL A ORD SHS | G47875102 |  | 7804250 | 775000 | SH |  | DFND |  | 2 | 775000 | 0 |
| INFLECTION PT ACQUISITION CO | RIGHT 04/25/2030 | G47875110 |  | 358116 | 813900 | SH |  | DFND |  | 2 | 813900 | 0 |
| INFOSYS LTD | SPONSORED ADR | 456788108 |  | 4391273 | 269900 | SH |  | DFND | 12 | 0 | 0 | 269900 |
| INFOSYS LTD | SPONSORED ADR | 456788108 |  | 3156380 | 194000 | SH | Call | DFND | 12 | 0 | 0 | 194000 |
| INFOSYS LTD | SPONSORED ADR | 456788108 |  | 4375003 | 268900 | SH | Put | DFND | 12 | 0 | 0 | 268900 |
| INMUNE BIO INC | COM | 45782T105 |  | 12627 | 6100 | SH |  | DFND | 12 | 0 | 0 | 6100 |
| INMUNE BIO INC | COM | 45782T105 |  | 12627 | 6100 | SH | Put | DFND | 12 | 0 | 0 | 6100 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 16925258 | 360649 | SH |  | DFND |  | 2 | 360649 | 0 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 469300 | 10000 | SH | Put | DFND |  | 2 | 10000 | 0 |
| IRHYTHM TECHNOLOGIES INC | NOTE 1.500% 9/0 | 450056AB2 |  | 11683930 | 8500000 | PRN |  | DFND |  | 2 | 8500000 | 0 |
| IROBOT CORP | COM | 462726100 |  | 359000 | 100000 | SH |  | DFND | 12 | 0 | 0 | 100000 |
| IROBOT CORP | COM | 462726100 |  | 359000 | 100000 | SH | Put | DFND | 12 | 0 | 0 | 100000 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 213984420 | 3292068 | SH |  | DFND |  | 2 | 3292068 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 1950000 | 30000 | SH | Put | DFND |  | 2 | 30000 | 0 |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | G4992A136 |  | 3068 | 11800 | SH |  | DFND |  | 2 | 11800 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 297330 | 8500 | SH | Put | DFND |  | 2 | 8500 | 0 |
| JD.COM INC | NOTE 0.250% 6/0 | 47215PAJ5 |  | 40774336 | 37900000 | PRN |  | DFND |  | 2 | 37900000 | 0 |
| JD.COM INC | NOTE 0.250% 6/0 | 47215PAJ5 |  | 5276737 | 350 | SH |  | DFND |  | 2 | 350 | 0 |
| JENA ACQUISITION CORP II | RIGHT 03/31/2030 | G5093B113 |  | 252140 | 1260700 | SH |  | DFND |  | 2 | 1260700 | 0 |
| JETBLUE AIRWAYS CORP | NOTE 2.500% 9/0 | 477143AR2 |  | 20738600 | 20000000 | PRN |  | DFND |  | 2 | 20000000 | 0 |
| JETBLUE AWYS CORP | COM | 477143101 |  | 4727136 | 960800 | SH | Put | DFND |  | 2 | 960800 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 61761194 | 195800 | SH |  | DFND |  | 2 | 195800 | 0 |
| K GROWTH ACQUISITION CORP | RIGHT 08/29/2031 | G52258129 |  | 145032 | 1035200 | SH |  | DFND |  | 2 | 1035200 | 0 |
| KELLANOVA | COM | 487836108 |  | 31413660 | 383000 | SH |  | DFND |  | 2 | 383000 | 0 |
| KENVUE INC | COM | 49177J102 |  | 18615810 | 1147000 | SH |  | DFND |  | 2 | 1147000 | 0 |
| KLARNA GROUP PLC | SHS | G5279N105 |  | 5497500 | 150000 | SH |  | DFND |  | 2 | 150000 | 0 |
| KODIAK AI INC. | *W EXP 09/25/203 | 500081112 |  | 12839 | 12055 | SH |  | DFND | 12 | 0 | 0 | 12055 |
| KODIAK AI INC. | *W EXP 09/25/203 | 500081112 |  | 353197 | 331640 | SH |  | DFND |  | 2 | 331640 | 0 |
| KOHLS CORP | COM | 500255104 |  | 914515 | 59500 | SH |  | DFND | 12 | 0 | 0 | 59500 |
| KOHLS CORP | COM | 500255104 |  | 914515 | 59500 | SH | Put | DFND | 12 | 0 | 0 | 59500 |
| COINBASE GLOBAL INC | NOTE 0.500% 6/0 | 19260QAB3 |  | 63840813 | 57500000 | PRN |  | DFND |  | 2 | 57500000 | 0 |
| COINCHECK GROUP NV | *W EXP 12/11/202 | N20967100 |  | 16052 | 22932 | SH |  | DFND | 12 | 0 | 0 | 22932 |
| COINCHECK GROUP NV | *W EXP 12/11/202 | N20967100 |  | 37458 | 53512 | SH |  | DFND |  | 2 | 53512 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 464400 | 30000 | SH |  | DFND | 12 | 0 | 0 | 30000 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 1083600 | 70000 | SH |  | DFND |  | 2 | 70000 | 0 |
| COMMVAULT SYS INC | COM | 204166102 |  | 3794478 | 20100 | SH |  | DFND |  | 2 | 20100 | 0 |
| COMPLETE SOLARIA INC | *W EXP 07/31/202 | 20460L112 |  | 82167 | 290855 | SH |  | DFND |  | 2 | 290855 | 0 |
| CORE SCIENTIFIC INC NEW | *W EXP 01/23/202 | 21874A114 |  | 51042093 | 4413497 | SH |  | DFND |  | 2 | 4413497 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 6390895 | 46700 | SH | Put | DFND |  | 2 | 46700 | 0 |
| CORNERSTONE STRATEGIC INVEST | COM | 21924B302 |  | 23287087 | 2812450 | SH |  | DFND | 12 | 0 | 0 | 2812450 |
| CORNERSTONE TOTAL RETURN FD | COM | 21924U300 |  | 20701589 | 2574825 | SH |  | DFND | 12 | 0 | 0 | 2574825 |
| CSLM DIGITA ASSET ACQ CORP I | USD CL A ORD SHS | G2584S101 |  | 5330936 | 537122 | SH |  | DFND |  | 2 | 537122 | 0 |
| CSLM DIGITA ASSET ACQ CORP I | *W EXP 08/28/203 | G2584S119 |  | 107424 | 268561 | SH |  | DFND |  | 2 | 268561 | 0 |
| CSX CORP | COM | 126408103 |  | 55786210 | 1571000 | SH |  | DFND |  | 2 | 1571000 | 0 |
| CYBERARK SOFTWARE LTD | SHS | M2682V108 |  | 100012050 | 207000 | SH |  | DFND |  | 2 | 207000 | 0 |
| D-WAVE QUANTUM INC | COM | 26740W109 |  | 11707598 | 473800 | SH |  | DFND | 12 | 0 | 0 | 473800 |
| D-WAVE QUANTUM INC | COM | 26740W109 |  | 11962111 | 484100 | SH | Put | DFND | 12 | 0 | 0 | 484100 |
| D. BORAL ARC ACQ I CORP. | SHS CL A | G2616F101 |  | 21199418 | 2134886 | SH |  | DFND |  | 2 | 2134886 | 0 |
| DAYFORCE INC | NOTE 0.250% 3/1 | 15677JAD0 |  | 17132588 | 17500000 | PRN |  | DFND |  | 2 | 17500000 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 28375000 | 500000 | SH | Call | DFND |  | 2 | 500000 | 0 |
| DEXCOM INC | NOTE 0.375% 5/1 | 252131AM9 |  | 36497600 | 40000000 | PRN |  | DFND |  | 2 | 40000000 | 0 |
| DIGITAL ASSET ACQUISITION CO | SHS CL A | G2868C103 |  | 2547500 | 250000 | SH |  | DFND |  | 2 | 250000 | 0 |
| DRUGS MADE IN AMER ACQ II CO | UNIT 09/16/2030 | G2851K120 |  | 7466338 | 750763 | SH |  | DFND |  | 2 | 750763 | 0 |
| DUNE ACQUISITION CORP II | *W EXP 04/04/203 | G2867S117 |  | 78746 | 369700 | SH |  | DFND |  | 2 | 369700 | 0 |
| ECARX HOLDINGS INC | *W EXP 99/99/999 | G29201111 |  | 2790 | 50000 | SH |  | DFND |  | 2 | 50000 | 0 |
| ECD AUTOMOTIVE DESIGN INC | *W EXP 12/12/202 | 27877D112 |  | 617 | 35559 | SH |  | DFND | 12 | 0 | 0 | 35559 |
| ECD AUTOMOTIVE DESIGN INC | *W EXP 12/12/202 | 27877D112 |  | 2468 | 142241 | SH |  | DFND |  | 2 | 142241 | 0 |
| ECHOSTAR CORP | CL A | 278768106 |  | 43902877 | 574946 | SH |  | DFND |  | 2 | 574946 | 0 |
| ECHOSTAR CORP | CL A | 278768106 |  | 22437241 | 293835 | SH | Put | DFND |  | 2 | 293835 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 65149100 | 323000 | SH |  | DFND |  | 2 | 323000 | 0 |
| ENERGY FUELS INC | COM NEW | 292671708 |  | 529560 | 34499 | SH |  | DFND |  | 2 | 34499 | 0 |
| ENVOY MEDICAL INC | *W EXP 09/29/202 | 29415V117 |  | 0 | 5 | SH |  | DFND | 12 | 0 | 0 | 5 |
| ENVOY MEDICAL INC | *W EXP 09/29/202 | 29415V117 |  | 6857 | 182137 | SH |  | DFND |  | 2 | 182137 | 0 |
| EQV VENTURES AC CORP. II | ORD SHS CL A | G3106Q102 |  | 5012800 | 503799 | SH |  | DFND |  | 2 | 503799 | 0 |
| EQV VENTURES AC CORP. II | *W EXP 06/30/203 | G3106Q128 |  | 41560 | 169633 | SH |  | DFND |  | 2 | 169633 | 0 |
| EQV VENTURES ACQUISITION COR | CL A ORD SHS | G3106N109 |  | 2939305 | 283170 | SH |  | DFND |  | 2 | 283170 | 0 |
| FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 |  | 218456842 | 2188727 | SH |  | DFND |  | 2 | 2188727 | 0 |
| FIFTH ERA ACQUISITION CORP I | RIGHT 02/21/2030 | G3415K135 |  | 55809 | 210600 | SH |  | DFND |  | 2 | 210600 | 0 |
| FIGMA INC | CLASS A COM STK | 316841105 |  | 12967500 | 250000 | SH |  | DFND | 12 | 0 | 0 | 250000 |
| FIGMA INC | CLASS A COM STK | 316841105 |  | 2593500 | 50000 | SH | Call | DFND | 12 | 0 | 0 | 50000 |
| FIGMA INC | CLASS A COM STK | 316841105 |  | 11411400 | 220000 | SH | Put | DFND | 12 | 0 | 0 | 220000 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 |  | 64486694 | 36043 | SH |  | DFND |  | 2 | 36043 | 0 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 86392810 | 3821000 | SH |  | DFND |  | 2 | 3821000 | 0 |
| FOLD HLDGS INC | *W EXP 02/14/203 | 29103K118 |  | 69898 | 138425 | SH |  | DFND | 12 | 0 | 0 | 138425 |
| FOLD HLDGS INC | *W EXP 02/14/203 | 29103K118 |  | 98806 | 195675 | SH |  | DFND |  | 2 | 195675 | 0 |
| FORD MTR CO | COM | 345370860 |  | 5980000 | 500000 | SH | Put | DFND |  | 2 | 500000 | 0 |
| FORD MTR CO | NOTE 3/1 | 345370CZ1 |  | 70977550 | 70000000 | PRN |  | DFND | 12 | 0 | 0 | 70000000 |
| FORTRESS BIOTECH INC | COM NEW | 34960Q307 |  | 771886 | 208900 | SH |  | DFND | 12 | 0 | 0 | 208900 |
| FORTRESS BIOTECH INC | COM NEW | 34960Q307 |  | 771886 | 208900 | SH | Put | DFND | 12 | 0 | 0 | 208900 |
| FOX CORP | CL B COM | 35137L204 |  | 2739665 | 47821 | SH |  | DFND |  | 2 | 47821 | 0 |
| FRESHPET INC | COM | 358039105 |  | 1631256 | 29600 | SH | Put | DFND |  | 2 | 29600 | 0 |
| FUTURECREST ACQUISITION CORP | UNIT 99/99/9999 | G3730U123 |  | 265000 | 25000 | SH |  | DFND |  | 2 | 25000 | 0 |
| GAMESTOP CORP NEW | CL A | 36467W109 |  | 27648280 | 1013500 | SH | Put | DFND |  | 2 | 1013500 | 0 |
| GCT SEMICONDUCTOR HLDG INC | *W EXP 03/01/202 | 36170N115 |  | 45360 | 234175 | SH |  | DFND | 12 | 0 | 0 | 234175 |
| GCT SEMICONDUCTOR HLDG INC | *W EXP 03/01/202 | 36170N115 |  | 50134 | 258825 | SH |  | DFND |  | 2 | 258825 | 0 |
| GDEV INC | *W EXP 99/99/999 | G6529J118 |  | 12368 | 425000 | SH |  | DFND |  | 2 | 425000 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 53188850 | 86500 | SH |  | DFND |  | 2 | 86500 | 0 |
| GLOBUS MED INC | CL A | 379577208 |  | 200445000 | 3500000 | SH |  | DFND |  | 2 | 3500000 | 0 |
| GOGORO INC | *W EXP 04/04/202 | G9491K113 |  | 2332 | 99213 | SH |  | DFND | 12 | 0 | 0 | 99213 |
| GOGORO INC | *W EXP 04/04/202 | G9491K113 |  | 3016 | 128327 | SH |  | DFND |  | 2 | 128327 | 0 |
| GORES HLDGS X INC | SHS CL A | G4002F109 |  | 15315000 | 1500000 | SH |  | DFND |  | 2 | 1500000 | 0 |
| GORES HLDGS X INC | *W EXP 05/02/203 | G4002F125 |  | 222750 | 275000 | SH |  | DFND |  | 2 | 275000 | 0 |
| GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 |  | 7077714 | 1175700 | SH | Put | DFND |  | 2 | 1175700 | 0 |
| GRABAGUN DIGITAL HLDGS INC | *W EXP 99/99/999 | 38387Q113 |  | 386199 | 301718 | SH |  | DFND |  | 2 | 301718 | 0 |
| GROVE COLLABORATIVE HOLD INC | COM CL A | 39957D201 |  | 1789199 | 1192799 | SH |  | DFND |  | 2 | 1192799 | 0 |
| GUESS INC | COM | 401617105 |  | 1908282 | 114200 | SH | Put | DFND | 12 | 0 | 0 | 114200 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 |  | 87806520 | 382000 | SH |  | DFND |  | 2 | 382000 | 0 |
| H WORLD GROUP LTD | SPONSORED ADS | 44332N106 |  | 6257600 | 160000 | SH | Put | DFND |  | 2 | 160000 | 0 |
| H WORLD GROUP LTD | NOTE 3.000% 5/0 | 44332NAB2 |  | 16662450 | 15000000 | PRN |  | DFND |  | 2 | 15000000 | 0 |
| HALEON PLC | SPON ADS | 405552100 |  | 89250316 | 9949868 | SH |  | DFND |  | 2 | 9949868 | 0 |
| HERTZ CORP | NOTE 8.000% 7/1 | 428040DE6 |  | 26381116 | 18810065 | PRN |  | DFND |  | 2 | 18810065 | 0 |
| HERTZ GLOBAL HLDGS INC | *W EXP 06/30/205 | 42806J148 |  | 981362 | 264875 | SH |  | DFND |  | 2 | 264875 | 0 |
| HERTZ GLOBAL HLDGS INC | COM NEW | 42806J700 |  | 178160 | 26200 | SH | Put | DFND |  | 2 | 26200 | 0 |
| HIGHVIEW MERGER CORP | UNIT 07/24/2030 | G4569C127 |  | 7590000 | 750000 | SH |  | DFND |  | 2 | 750000 | 0 |
| SOUTHERN CO | NOTE 4.500% 6/1 | 842587DZ7 |  | 39004350 | 35000000 | PRN |  | DFND | 12 | 0 | 0 | 35000000 |
| SPARK I ACQUISITION CORP | *W EXP 10/01/203 | G8316B118 |  | 21400 | 40000 | SH |  | DFND |  | 2 | 40000 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 24981750 | 37500 | SH | Put | DFND |  | 2 | 37500 | 0 |
| SPIRIT AEROSYSTEMS HLDGS INC | COM CL A | 848574109 |  | 59791400 | 1549000 | SH |  | DFND |  | 2 | 1549000 | 0 |
| SPIRIT AEROSYSTEMS HLDGS INC | COM CL A | 848574109 |  | 10090040 | 261400 | SH | Put | DFND |  | 2 | 261400 | 0 |
| SPIRIT AEROSYSTEMS INC | NOTE 3.250%11/0 | 85205TAQ3 |  | 30062961 | 20288000 | PRN |  | DFND |  | 2 | 20288000 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 62089867 | 192700 | SH | Put | DFND |  | 2 | 192700 | 0 |
| STRATEGY INC | NOTE 0.625% 3/1 | 594972AJ0 |  | 69525250 | 31000000 | PRN |  | DFND |  | 2 | 31000000 | 0 |
| STRATEGY INC | NOTE 0.875% 3/1 | 594972AL5 |  | 15765650 | 10000000 | PRN |  | DFND |  | 2 | 10000000 | 0 |
| STRATEGY INC | NOTE 0.625% 9/1 | 594972AQ4 |  | 236589375 | 125000000 | PRN |  | DFND |  | 2 | 125000000 | 0 |
| SUMMIT THERAPEUTICS INC | COM | 86627T108 |  | 6890110 | 333500 | SH |  | DFND | 12 | 0 | 0 | 333500 |
| SUMMIT THERAPEUTICS INC | COM | 86627T108 |  | 6890110 | 333500 | SH | Put | DFND | 12 | 0 | 0 | 333500 |
| SUNRUN INC | COM | 86771W105 |  | 6986889 | 404100 | SH | Put | DFND |  | 2 | 404100 | 0 |
| SUNRUN INC | NOTE 4.000% 3/0 | 86771WAD7 |  | 3380075 | 2500000 | PRN |  | DFND |  | 2 | 2500000 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 74378910 | 1551500 | SH | Put | DFND |  | 2 | 1551500 | 0 |
| SUPER MICRO COMPUTER INC | NOTE 3.500% 3/0 | 86800UAB0 |  | 58151187 | 57500000 | PRN |  | DFND |  | 2 | 57500000 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 45943205 | 164500 | SH |  | DFND |  | 2 | 164500 | 0 |
| TANDEM DIABETES CARE INC | NOTE 1.500% 3/1 | 875372AD6 |  | 8557605 | 9800000 | PRN |  | DFND |  | 2 | 9800000 | 0 |
| TEMPUS AI INC | CL A | 88023B103 |  | 6779640 | 84000 | SH |  | DFND | 12 | 0 | 0 | 84000 |
| TEMPUS AI INC | CL A | 88023B103 |  | 6787711 | 84100 | SH | Put | DFND | 12 | 0 | 0 | 84100 |
| TEVOGEN BIO HLDGS INC | *W EXP 02/14/202 | 88165K119 |  | 3144 | 58711 | SH |  | DFND | 12 | 0 | 0 | 58711 |
| TEVOGEN BIO HLDGS INC | *W EXP 02/14/202 | 88165K119 |  | 3475 | 64889 | SH |  | DFND |  | 2 | 64889 | 0 |
| TRAILBLAZER ACQUISITION CORP | UNIT 08/21/2030 | G9009S129 |  | 511250 | 50000 | SH |  | DFND |  | 2 | 50000 | 0 |
| TRANSMEDICS GROUP INC | NOTE 1.500% 6/0 | 89377MAB5 |  | 33147455 | 23500000 | PRN |  | DFND |  | 2 | 23500000 | 0 |
| TRIP COM GROUP LTD | ADS | 89677Q107 |  | 6670240 | 88700 | SH | Put | DFND |  | 2 | 88700 | 0 |
| TRIP COM GROUP LTD | NOTE 0.750% 6/1 | 89677QAB3 |  | 38291250 | 30000000 | PRN |  | DFND |  | 2 | 30000000 | 0 |
| TRUMP MEDIA  TECHNOLOGY GRO | COM | 25400Q105 |  | 369450 | 22500 | SH |  | DFND |  | 2 | 22500 | 0 |
| TRUMP MEDIA  TECHNOLOGY GRO | COM | 25400Q105 |  | 11925846 | 726300 | SH | Put | DFND |  | 2 | 726300 | 0 |
| TXNM ENERGY INC | NOTE 5.750% 6/0 | 69349HAF4 |  | 39237150 | 30000000 | PRN |  | DFND | 12 | 0 | 0 | 30000000 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 1508738 | 15400 | SH | Put | DFND |  | 2 | 15400 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 19300000 | 200000 | SH | Call | DFND |  | 2 | 200000 | 0 |
| UNITI GROUP LLC | COM SHS | 912932100 |  | 45166 | 7380 | SH | Put | DFND |  | 2 | 7380 | 0 |
| UNITI GROUP LLC | NOTE 7.500%12/0 | 91325VAB4 |  | 8031346 | 7422000 | PRN |  | DFND | 12 | 0 | 0 | 7422000 |
| UNITI GROUP LLC | NOTE 7.500%12/0 | 91325VAB4 |  | 15786757 | 14589000 | PRN |  | DFND |  | 2 | 14589000 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 7987980 | 199500 | SH | Put | DFND |  | 2 | 199500 | 0 |
| UPSTART HLDGS INC | COM | 91680M107 |  | 1935480 | 38100 | SH | Put | DFND |  | 2 | 38100 | 0 |
| VALVOLINE INC | COM | 92047W101 |  | 71820000 | 2000000 | SH |  | DFND |  | 2 | 2000000 | 0 |
| VENTURE GLOBAL INC | COM CL A | 92333F101 |  | 2838000 | 200000 | SH |  | DFND |  | 2 | 200000 | 0 |
| VIKING HOLDINGS LTD | ORD SHS | G93A5A101 |  | 73473120 | 1182000 | SH |  | DFND |  | 2 | 1182000 | 0 |
| VIRTUS TOTAL RETURN FD INC | COM | 92835W107 |  | 2237273 | 346864 | SH |  | DFND |  | 2 | 346864 | 0 |
| WALDENCAST PLC | *W EXP 07/27/202 | G9503X111 |  | 3569 | 91754 | SH |  | DFND | 12 | 0 | 0 | 91754 |
| WALDENCAST PLC | *W EXP 07/27/202 | G9503X111 |  | 11110 | 285604 | SH |  | DFND |  | 2 | 285604 | 0 |
| WATERBRIDGE INFRASTRUCTURE L | CL A SHS REPSTG | 940923105 |  | 5926700 | 235000 | SH |  | DFND |  | 2 | 235000 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 2519106 | 28200 | SH | Put | DFND |  | 2 | 28200 | 0 |
| WEBULL CORP | *W EXP 04/10/203 | G9572D111 |  | 723108 | 119522 | SH |  | DFND |  | 2 | 119522 | 0 |
| WEN ACQUISITION CORP | COM CL A | G9R39C103 |  | 2530000 | 250000 | SH |  | DFND |  | 2 | 250000 | 0 |
| WESTERN DIGITAL CORP | NOTE 3.000%11/1 | 958102AT2 |  | 144147600 | 45000000 | PRN |  | DFND | 12 | 0 | 0 | 45000000 |
| WIPRO LTD | SPON ADR 1 SH | 97651M109 |  | 163586 | 62200 | SH |  | DFND | 12 | 0 | 0 | 62200 |
| WIPRO LTD | SPON ADR 1 SH | 97651M109 |  | 163586 | 62200 | SH | Put | DFND | 12 | 0 | 0 | 62200 |
| Wolfspeed Inc/DE | COM | 977852102 |  | 2882880 | 100800 | SH |  | DFND |  | 2 | 100800 | 0 |
| Wolfspeed Inc/DE | COM | 977852102 |  | 54694640 | 1912400 | SH | Put | DFND |  | 2 | 1912400 | 0 |
| XEROX HOLDINGS CORP | NOTE 3.750% 3/1 | 98421MAE6 |  | 9200000 | 20000000 | PRN |  | DFND |  | 2 | 20000000 | 0 |
| ZEO ENERGY CORP | *W EXP 03/13/202 | 98944F117 |  | 8817 | 177052 | SH |  | DFND | 12 | 0 | 0 | 177052 |
| ZEO ENERGY CORP | *W EXP 03/13/202 | 98944F117 |  | 9745 | 195687 | SH |  | DFND |  | 2 | 195687 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 898980 | 3000 | SH | Put | DFND |  | 2 | 3000 | 0 |
| KRISPY KREME INC | COM | 50101L106 |  | 30960 | 8000 | SH |  | DFND | 12 | 0 | 0 | 8000 |
| KRISPY KREME INC | COM | 50101L106 |  | 30960 | 8000 | SH | Put | DFND | 12 | 0 | 0 | 8000 |
| LEGENCE CORP | CL A | 52476L109 |  | 8340421 | 270705 | SH |  | DFND |  | 2 | 270705 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 61094740 | 2411000 | SH | Put | DFND |  | 2 | 2411000 | 0 |
| LI AUTO INC | NOTE 0.250% 5/0 | 50202MAB8 |  | 42998625 | 37500000 | PRN |  | DFND |  | 2 | 37500000 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY LIV S C | 531229722 |  | 95854845 | 988500 | SH |  | DFND |  | 2 | 988500 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY LIV S A | 531229748 |  | 103730000 | 1100000 | SH |  | DFND |  | 2 | 1100000 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S C | 531229755 |  | 493406655 | 4723855 | SH |  | DFND |  | 2 | 4723855 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S A | 531229771 |  | 71415000 | 750000 | SH |  | DFND |  | 2 | 750000 | 0 |
| LIBERTY MEDIA CORP DEL | NOTE 2.250% 8/1 | 531229AQ5 |  | 18207848 | 13700000 | PRN |  | DFND |  | 2 | 13700000 | 0 |
| LIFEZONE METALS LIMITED | *W EXP 07/05/202 | G5568L117 |  | 30121 | 52385 | SH |  | DFND |  | 2 | 52385 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 163400000 | 1000000 | SH |  | DFND |  | 2 | 1000000 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 10882440 | 66600 | SH | Put | DFND |  | 2 | 66600 | 0 |
| LIVE OAK ACQUISITION CORP V | CL A SHS | G5509P102 |  | 11220000 | 1100000 | SH |  | DFND |  | 2 | 1100000 | 0 |
| LIVE OAK ACQUISITION CORP V | *W EXP 99/99/999 | G5509P110 |  | 121275 | 250000 | SH |  | DFND |  | 2 | 250000 | 0 |
| LOTUS TECHNOLOGY INC | *W EXP 02/22/202 | 54572F119 |  | 993 | 12977 | SH |  | DFND | 12 | 0 | 0 | 12977 |
| LOTUS TECHNOLOGY INC | *W EXP 02/22/202 | 54572F119 |  | 60731 | 793867 | SH |  | DFND |  | 2 | 793867 | 0 |
| OKLO INC | COM CL A | 02156V109 |  | 23520441 | 210700 | SH |  | DFND | 12 | 0 | 0 | 210700 |
| OKLO INC | COM CL A | 02156V109 |  | 23531604 | 210800 | SH | Put | DFND | 12 | 0 | 0 | 210800 |
| OMNIAB INC | *W EXP 99/99/999 | 68218J111 |  | 42234 | 293802 | SH |  | DFND |  | 2 | 293802 | 0 |
| OPKO HEALTH INC | NOTE 3.750% 1/1 | 68375NAG8 |  | 3078190 | 2000000 | PRN |  | DFND |  | 2 | 2000000 | 0 |
| OXLEY BRIDGE ACQ LTD | USD CL A ORD SHS | G6858G107 |  | 7150634 | 718000 | SH |  | DFND |  | 2 | 718000 | 0 |
| OXLEY BRIDGE ACQ LTD | *W EXP 06/17/203 | G6858G115 |  | 59784 | 330300 | SH |  | DFND |  | 2 | 330300 | 0 |
| PAR TECHNOLOGY CORP | NOTE 1.500%10/1 | 698884AE3 |  | 9696450 | 10000000 | PRN |  | DFND |  | 2 | 10000000 | 0 |
| PARK HOTELS  RESORTS INC | COM | 700517105 |  | 72398415 | 6534153 | SH |  | DFND | 12 | 0 | 0 | 6534153 |
| PATRICK INDS INC | NOTE 1.750%12/0 | 703343AG8 |  | 82476680 | 50595000 | PRN |  | DFND |  | 2 | 50595000 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 5088545 | 38500 | SH | Put | DFND |  | 2 | 38500 | 0 |
| PDD HOLDINGS INC | NOTE 12/0 | 722304AC6 |  | 7437338 | 7500000 | PRN |  | DFND |  | 2 | 7500000 | 0 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 1551420 | 58500 | SH | Put | DFND | 12 | 0 | 0 | 58500 |
| PEABODY ENGR CORP | NOTE 3.250% 3/0 | 704551AD2 |  | 63927863 | 42500000 | PRN |  | DFND | 12 | 0 | 0 | 42500000 |
| PELOTON INTERACTIVE INC | CL A COM | 70614W100 |  | 1708200 | 189800 | SH | Put | DFND |  | 2 | 189800 | 0 |
| PENN ENTERTAINMENT INC | NOTE 2.750% 5/1 | 707569AU3 |  | 33648821 | 32546000 | PRN |  | DFND |  | 2 | 32546000 | 0 |
| PERCEPTIVE CAP SOLUTIONS COR | CL A ORD SHS | G70077105 |  | 4399954 | 415090 | SH |  | DFND |  | 2 | 415090 | 0 |
| PERFECT CORP | *W EXP 99/99/999 | G7006A117 |  | 242 | 11197 | SH |  | DFND | 12 | 0 | 0 | 11197 |
| PERFECT CORP | *W EXP 99/99/999 | G7006A117 |  | 1407 | 65003 | SH |  | DFND |  | 2 | 65003 | 0 |
| PERIMETER ACQUISITION CORP I | COM CL A | G7010A129 |  | 6714732 | 660249 | SH |  | DFND |  | 2 | 660249 | 0 |
| PG CORP | COM | 69331C108 |  | 150800 | 10000 | SH | Call | DFND | 12 | 0 | 0 | 10000 |
| PG CORP | COM | 69331C108 |  | 173420 | 11500 | SH | Put | DFND | 12 | 0 | 0 | 11500 |
| PG CORP | PFD CONV SER A | 69331C306 |  | 4550162 | 115545 | SH |  | DFND | 12 | 0 | 0 | 115545 |
| PG CORP | NOTE 4.250%12/0 | 69331CAL2 |  | 25341625 | 25000000 | PRN |  | DFND | 12 | 0 | 0 | 25000000 |
| PIONEER ACQUISITION I CORP | *W EXP 06/16/203 | G7117W115 |  | 31500 | 150000 | SH |  | DFND |  | 2 | 150000 | 0 |
| PLUG POWER INC | COM NEW | 72919P202 |  | 233000 | 100000 | SH |  | DFND | 12 | 0 | 0 | 100000 |
| PLUG POWER INC | COM NEW | 72919P202 |  | 233000 | 100000 | SH | Put | DFND | 12 | 0 | 0 | 100000 |
| PLUG POWER INC | COM NEW | 72919P202 |  | 1798061 | 771700 | SH | Put | DFND |  | 2 | 771700 | 0 |
| PPL CAP FDG INC | NOTE 2.875% 3/1 | 69352PAS2 |  | 62846794 | 54967000 | PRN |  | DFND | 12 | 0 | 0 | 54967000 |
| PROCAP ACQUISITION CORP | SHS CL A | G7257A105 |  | 1932783 | 188197 | SH |  | DFND |  | 2 | 188197 | 0 |
| PYROPHYTE ACQUISITION CORP. | CL A SHS | G7309T102 |  | 3984000 | 400000 | SH |  | DFND |  | 2 | 400000 | 0 |
| PYROPHYTE ACQUISITION CORP. | *W EXP 07/30/203 | G7309T110 |  | 70000 | 200000 | SH |  | DFND |  | 2 | 200000 | 0 |
| REAL ASSET ACQUISITION CORP | SHS CL A | G73944103 |  | 2532500 | 250000 | SH |  | DFND |  | 2 | 250000 | 0 |
| REAL ASSET ACQUISITION CORP | *W EXP 04/24/203 | G73944111 |  | 116365 | 273800 | SH |  | DFND |  | 2 | 273800 | 0 |
| RECURSION PHARMACEUTICALS IN | CL A | 75629V104 |  | 176656 | 36200 | SH |  | DFND | 12 | 0 | 0 | 36200 |
| RECURSION PHARMACEUTICALS IN | CL A | 75629V104 |  | 1707024 | 349800 | SH | Call | DFND | 12 | 0 | 0 | 349800 |
| RECURSION PHARMACEUTICALS IN | CL A | 75629V104 |  | 1883680 | 386000 | SH | Put | DFND | 12 | 0 | 0 | 386000 |
| REVOLUTION MEDICINES INC | *W EXP 12/17/202 | 76155X118 |  | 15789 | 55871 | SH |  | DFND | 12 | 0 | 0 | 55871 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 439317 | 2700 | SH | Put | DFND |  | 2 | 2700 | 0 |
| LUMENTUM HLDGS INC | NOTE 0.500%12/1 | 55024UAD1 |  | 133916160 | 79500000 | PRN |  | DFND |  | 2 | 79500000 | 0 |
| LUMENTUM HLDGS INC | NOTE 0.500% 6/1 | 55024UAF6 |  | 66356075 | 47500000 | PRN |  | DFND |  | 2 | 47500000 | 0 |
| LUMENTUM HLDGS INC | NOTE 1.500%12/1 | 55024UAH2 |  | 126952350 | 52500000 | PRN |  | DFND |  | 2 | 52500000 | 0 |
| M3BRIGADE ACQUISITION V CORP | CL A | G63212107 |  | 2637500 | 250000 | SH |  | DFND |  | 2 | 250000 | 0 |
| MARA HOLDINGS INC | COM | 565788106 |  | 15873418 | 869300 | SH | Put | DFND |  | 2 | 869300 | 0 |
| MARA HOLDINGS INC | NOTE 2.125% 9/0 | 565788AD8 |  | 6108750 | 5000000 | PRN |  | DFND |  | 2 | 5000000 | 0 |
| MECHANICS BANCORP | CL A | 43785V102 |  | 6824396 | 512727 | SH |  | DFND |  | 2 | 512727 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 73144248 | 99600 | SH |  | DFND |  | 2 | 99600 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 36256500 | 70000 | SH |  | DFND |  | 2 | 70000 | 0 |
| MIRION TECHNOLOGIES INC | COM CL A | 60471A101 |  | 11630000 | 500000 | SH |  | DFND |  | 2 | 500000 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 13930439 | 207700 | SH | Put | DFND |  | 2 | 207700 | 0 |
| MURANO GLOBAL INVTS PLC | *W EXP 03/19/202 | G63369113 |  | 1371 | 9935 | SH |  | DFND | 12 | 0 | 0 | 9935 |
| MURANO GLOBAL INVTS PLC | *W EXP 03/19/202 | G63369113 |  | 5484 | 39737 | SH |  | DFND |  | 2 | 39737 | 0 |
| NABORS ENERGY TRANSITION COR | *W EXP 09/01/202 | G6363K114 |  | 81130 | 350000 | SH |  | DFND |  | 2 | 350000 | 0 |
| NCL CORP LTD | NOTE 1.125% 2/1 | 62886HBD2 |  | 7705013 | 7500000 | PRN |  | DFND |  | 2 | 7500000 | 0 |
| NCL CORP LTD | NOTE 2.500% 2/1 | 62886HBK6 |  | 1220254 | 1158000 | PRN |  | DFND |  | 2 | 1158000 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 56505491 | 503300 | SH | Put | DFND |  | 2 | 503300 | 0 |
| NET POWER INC | *W EXP 06/08/202 | 64107A113 |  | 64638 | 85472 | SH |  | DFND |  | 2 | 85472 | 0 |
| NETSKOPE INC | CL A | 64119N608 |  | 6819000 | 300000 | SH |  | DFND |  | 2 | 300000 | 0 |
| NICE LTD | SPONSORED ADR | 653656108 |  | 506730 | 3500 | SH | Put | DFND |  | 2 | 3500 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 7321296 | 960800 | SH | Put | DFND |  | 2 | 960800 | 0 |
| NIO INC | NOTE 3.875%10/1 | 62914VAJ5 |  | 1064250 | 1000000 | PRN |  | DFND |  | 2 | 1000000 | 0 |
| NIO INC | NOTE 4.625%10/1 | 62914VAK2 |  | 20009850 | 19000000 | PRN |  | DFND |  | 2 | 19000000 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 152608280 | 508000 | SH |  | DFND |  | 2 | 508000 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 16492248 | 669600 | SH | Put | DFND |  | 2 | 669600 | 0 |
| NOVAVAX INC | COM NEW | 670002401 |  | 7591452 | 875600 | SH | Put | DFND |  | 2 | 875600 | 0 |
| NUSCALE PWR CORP | CL A COM | 67079K100 |  | 3636000 | 101000 | SH |  | DFND | 12 | 0 | 0 | 101000 |
| NUSCALE PWR CORP | CL A COM | 67079K100 |  | 3636000 | 101000 | SH | Put | DFND | 12 | 0 | 0 | 101000 |
| NUTANIX INC | NOTE 0.250%10/0 | 67059NAH1 |  | 18706545 | 13500000 | PRN |  | DFND |  | 2 | 13500000 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 64743260 | 347000 | SH |  | DFND |  | 2 | 347000 | 0 |
| NVNI GROUP LIMITED | *W EXP 11/01/202 | G50716110 |  | 6183 | 68590 | SH |  | DFND | 12 | 0 | 0 | 68590 |
| NVNI GROUP LIMITED | *W EXP 11/01/202 | G50716110 |  | 6834 | 75810 | SH |  | DFND |  | 2 | 75810 | 0 |
| OAKTREE ACQUISITION CORP III | SHS CL A | G6717R104 |  | 5255000 | 500000 | SH |  | DFND |  | 2 | 500000 | 0 |
| OAKTREE ACQUISITION CORP III | *W EXP 09/01/203 | G6717R112 |  | 41250 | 50000 | SH |  | DFND |  | 2 | 50000 | 0 |
| ODDITY TECH LTD | SHS CL A | M7518J104 |  | 4323620 | 69400 | SH |  | DFND |  | 2 | 69400 | 0 |
| REVOLUTION MEDICINES INC | *W EXP 12/17/202 | 76155X118 |  | 34544 | 122236 | SH |  | DFND |  | 2 | 122236 | 0 |
| RIGETTI COMPUTING INC | COMMON STOCK | 76655K103 |  | 9520884 | 319600 | SH |  | DFND | 12 | 0 | 0 | 319600 |
| RIGETTI COMPUTING INC | COMMON STOCK | 76655K103 |  | 9529821 | 319900 | SH | Put | DFND | 12 | 0 | 0 | 319900 |
| RIVERNORTH OPPORTUNITIES FD | RIGHT 10/06/2025 | 76881Y174 |  | 402 | 49665 | SH |  | DFND |  | 2 | 49665 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 20402264 | 1389800 | SH |  | DFND |  | 2 | 1389800 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 77934652 | 5308900 | SH | Put | DFND |  | 2 | 5308900 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE 4.625% 3/1 | 76954AAB9 |  | 1558260 | 1500000 | PRN |  | DFND |  | 2 | 1500000 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE 3.625%10/1 | 76954AAD5 |  | 115062500 | 125000000 | PRN |  | DFND |  | 2 | 125000000 | 0 |
| ROCKET LAB CORP | COM | 773121108 |  | 9102900 | 190000 | SH | Put | DFND |  | 2 | 190000 | 0 |
| SABRE GLBL INC | NOTE 7.320% 8/0 | 78573NAK8 |  | 22373163 | 22120000 | PRN |  | DFND |  | 2 | 22120000 | 0 |
| SCAGE FUTURE | *W EXP 05/15/203 | G7840J118 |  | 7133 | 142518 | SH |  | DFND | 12 | 0 | 0 | 142518 |
| SCAGE FUTURE | *W EXP 05/15/203 | G7840J118 |  | 7882 | 157481 | SH |  | DFND |  | 2 | 157481 | 0 |
| SCHMID GROUP N.V. | *W EXP 04/30/202 | N68722110 |  | 109239 | 404291 | SH |  | DFND | 12 | 0 | 0 | 404291 |
| SCHMID GROUP N.V. | *W EXP 04/30/202 | N68722110 |  | 120715 | 446760 | SH |  | DFND |  | 2 | 446760 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 31706702 | 177400 | SH | Put | DFND |  | 2 | 177400 | 0 |
| SEA LTD | NOTE 2.375%12/0 | 81141RAF7 |  | 197481500 | 100000000 | PRN |  | DFND |  | 2 | 100000000 | 0 |
| SEAGATE HDD CAYMAN | NOTE 3.500% 6/0 | 81180WBL4 |  | 107501063 | 37500000 | PRN |  | DFND |  | 2 | 37500000 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 6491650 | 27500 | SH | Put | DFND |  | 2 | 27500 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 8608499 | 98710 | SH |  | DFND |  | 2 | 98710 | 0 |
| SEMTECH CORP | NOTE 1.625%11/0 | 816850AF8 |  | 54960675 | 27500000 | PRN |  | DFND |  | 2 | 27500000 | 0 |
| SERVE ROBOTICS INC | COM | 81758H106 |  | 1071123 | 92100 | SH |  | DFND | 12 | 0 | 0 | 92100 |
| SERVE ROBOTICS INC | COM | 81758H106 |  | 1071123 | 92100 | SH | Put | DFND | 12 | 0 | 0 | 92100 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 222915 | 1500 | SH | Put | DFND |  | 2 | 1500 | 0 |
| SIDDHI ACQUISITION CORP | RIGHT 09/15/2029 | G8118C116 |  | 362757 | 1648895 | SH |  | DFND |  | 2 | 1648895 | 0 |
| SIDDHI ACQUISITION CORP | CL A SHS | G8118C124 |  | 12656888 | 1246984 | SH |  | DFND |  | 2 | 1246984 | 0 |
| SILVERBOX CORP IV | SHS CL A | G81354105 |  | 12295486 | 1174354 | SH |  | DFND |  | 2 | 1174354 | 0 |
| SILVERBOX CORP IV | *W EXP 08/19/202 | G81354121 |  | 195009 | 469900 | SH |  | DFND |  | 2 | 469900 | 0 |
| SNAP INC | CL A | 83304A106 |  | 80955 | 10500 | SH | Put | DFND |  | 2 | 10500 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 45110000 | 200000 | SH |  | DFND |  | 2 | 200000 | 0 |
| SNOWFLAKE INC | NOTE 10/0 | 833445AB5 |  | 60754600 | 40000000 | PRN |  | DFND |  | 2 | 40000000 | 0 |
| SNOWFLAKE INC | NOTE 10/0 | 833445AD1 |  | 74387375 | 47500000 | PRN |  | DFND |  | 2 | 47500000 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 39598296 | 1498800 | SH | Put | DFND |  | 2 | 1498800 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 1831500 | 49500 | SH | Put | DFND |  | 2 | 49500 | 0 |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 |  | 116544060 | 1382000 | SH |  | DFND |  | 2 | 1382000 | 0 |
| SOTERA HEALTH CO | COM | 83601L102 |  | 209866514 | 13341800 | SH |  | DFND |  | 2 | 13341800 | 0 |
| SOUNDHOUND AI INC | CLASS A COM | 836100107 |  | 8202408 | 510100 | SH |  | DFND | 12 | 0 | 0 | 510100 |
| SOUNDHOUND AI INC | CLASS A COM | 836100107 |  | 8266728 | 514100 | SH | Put | DFND | 12 | 0 | 0 | 514100 |

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