# EDGAR Filing Document

**Accession Number:** 0002056052
**File Stem:** 0002056052-25-000006
**Filing Date:** 2025-11
**Character Count:** 32450
**Document Hash:** 59d0b5b1dc97c1568e395d1a31bbda7c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002056052-25-000006.hdr.sgml**: 20251110

**ACCESSION NUMBER**: 0002056052-25-000006

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251110

**DATE AS OF CHANGE**: 20251110

**EFFECTIVENESS DATE**: 20251110

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Persistent Asset Partners Ltd
- **CENTRAL INDEX KEY:** 0002056052

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** K3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25300
- **FILM NUMBER:** 251464212

**BUSINESS ADDRESS:**
- **STREET 1:** TWO EXCHANGE SQUARE, 8 CONNAUGHT PLACE
- **STREET 2:** SUITE 1901
- **CITY:** HONG KONG
- **STATE:** K3
- **ZIP:** 00000
- **BUSINESS PHONE:** 852 3793 3700

**MAIL ADDRESS:**
- **STREET 1:** TWO EXCHANGE SQUARE, 8 CONNAUGHT PLACE
- **STREET 2:** SUITE 1901
- **CITY:** HONG KONG
- **STATE:** K3
- **ZIP:** 00000

### 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:** Persistent Asset Partners Ltd<br>**Address:** TWO EXCHANGE SQUARE 8 CONNAUGHT PLACE<br>SUITE 1901<br>HONG KONG, K3 00000

**Form 13F File Number:** 028-25300

**CRD Number (if applicable):** 000177528

**SEC File Number (if applicable):** 802-89175

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:** Yuen Man Lee<br>**Title:** Director<br>**Phone:** 852-3793-3700

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

Yuan Man Lee  Hong Kong, K3  11-10-2025<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:** 9

**Form 13F Information Table Entry Total:** 287

**Form 13F Information Table Value Total:** $145498358

      (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   |
|:---|:---|:---|
|  | 8 Knots Management LLC                      |  |
|  | Diadema Partners LP                         | 028-25172              |
|  | L1 Capital Pty Ltd                          | 028-20329              |
|  | PMC FIG Opportunities LLC                   | 028-25513              |
|  | Auspice Investment Management Limited       |  |
|  | WaterValley Capital Management (HK) Limited |  |
|  | Lexington Capital Management LP             |  |
|  | Ascensus Point IM Limited                   |  |
|  | Protium Capital Limited                     |  |

### 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 |
| SERVICE CORP INTL | COM | 817565104 |  | 306915 | 3688 | SH |  | DFND | 1 | 3688 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 8190130 | 229544 | SH |  | DFND | 1 | 229544 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 4165354 | 12063 | SH |  | DFND | 1 | 12063 | 0 | 0 |
| EHEALTH INC | COM | 28238P109 |  | 465937 | 108106 | SH |  | DFND | 1 | 108106 | 0 | 0 |
| ADDUS HOMECARE CORP | COM | 006739106 |  | 266539 | 2259 | SH |  | DFND | 1 | 2259 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 2581818 | 8994 | SH |  | DFND | 1 | 8994 | 0 | 0 |
| SURGERY PARTNERS INC | COM | 86881A100 |  | 209995 | 9704 | SH |  | DFND | 1 | 9704 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 2302397 | 12081 | SH |  | DFND | 1 | 12081 | 0 | 0 |
| BRIGHTSPRING HEALTH SVCS INC | COM | 10950A106 |  | 2248333 | 76060 | SH |  | DFND | 1 | 76060 | 0 | 0 |
| ENHABIT INC | COM | 29332G102 |  | 1486608 | 185594 | SH |  | DFND | 1 | 185594 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 1310826 | 6456 | SH |  | DFND | 1 | 6456 | 0 | 0 |
| HEALTHCARE SVCS GROUP INC | COM | 421906108 |  | 2480187 | 147367 | SH |  | DFND | 1 | 147367 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 1002849 | 2353 | SH |  | DFND | 1 | 2353 | 0 | 0 |
| ALIGNMENT HEALTHCARE INC | COM | 01625V104 |  | 2214911 | 126929 | SH |  | DFND | 1 | 126929 | 0 | 0 |
| EVOLENT HEALTH INC | CL A | 30050B101 |  | 656817 | 77638 | SH |  | DFND | 1 | 77638 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 2522275 | 7806 | SH |  | DFND | 1 | 7806 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 3885751 | 51542 | SH |  | DFND | 1 | 51542 | 0 | 0 |
| PENNANT GROUP INC | COM | 70805E109 |  | 1927085 | 76411 | SH |  | DFND | 1 | 76411 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 596401 | 772 | SH |  | DFND | 1 | 772 | 0 | 0 |
| ABIVAX SA | SPONSORED ADS | 00370M103 |  | 815380 | 9604 | SH |  | DFND | 2 | 9604 | 0 | 0 |
| ALECTOR INC | COM | 014442107 |  | 92470 | 31240 | SH |  | DFND | 2 | 31240 | 0 | 0 |
| ALKERMES PLC | SHS | G01767105 |  | 496230 | 16541 | SH |  | DFND | 2 | 16541 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 1026912 | 2252 | SH |  | DFND | 2 | 2252 | 0 | 0 |
| AMYLYX PHARMACEUTICALS INC | COM | 03237H101 |  | 311388 | 22913 | SH |  | DFND | 2 | 22913 | 0 | 0 |
| ANAPTYSBIO INC | COM | 032724106 |  | 23087 | 754 | SH |  | DFND | 2 | 754 | 0 | 0 |
| ANI PHARMACEUTICALS INC | COM | 00182C103 |  | 660253 | 7208 | SH |  | DFND | 2 | 7208 | 0 | 0 |
| APOGEE THERAPEUTICS INC | COM | 03770N101 |  | 588759 | 14819 | SH |  | DFND | 2 | 14819 | 0 | 0 |
| ARCTURUS THERAPEUTICS HLDGS | COM | 03969T109 |  | 206213 | 11189 | SH |  | DFND | 2 | 11189 | 0 | 0 |
| ARDELYX INC | COM | 039697107 |  | 507173 | 92046 | SH |  | DFND | 2 | 92046 | 0 | 0 |
| ASCENDIS PHARMA A/S | SPONSORED ADR | 04351P101 |  | 1258467 | 6330 | SH |  | DFND | 2 | 6330 | 0 | 0 |
| AVIDITY BIOSCIENCES INC | COM | 05370A108 |  | 299064 | 6864 | SH |  | DFND | 2 | 6864 | 0 | 0 |
| AYTU BIOPHARMA INC | COM | 054754858 |  | 117410 | 62452 | SH |  | DFND | 2 | 62452 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 2646583 | 48866 | SH |  | DFND | 2 | 48866 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1343664 | 29793 | SH |  | DFND | 2 | 29793 | 0 | 0 |
| ARBUTUS BIOPHARMA CORP | CALL | 03879J900 |  | 171147 | 1192 | SH | Call | DFND | 2 | 1192 | 0 | 0 |
| ACADIA PHARMACEUTICALS INC | CALL | 004225908 |  | 11901 | 204 | SH | Call | DFND | 2 | 204 | 0 | 0 |
| AGIOS PHARMACEUTICALS INC | CALL | 00847X904 |  | 174200 | 230 | SH | Call | DFND | 2 | 230 | 0 | 0 |
| AGIOS PHARMACEUTICALS INC | CALL | 00847X904 |  | 116784 | 316 | SH | Call | DFND | 2 | 316 | 0 | 0 |
| ALTIMMUNE INC | CALL | 02155H900 |  | 28792 | 1064 | SH | Call | DFND | 2 | 1064 | 0 | 0 |
| APOGEE THERAPEUTICS INC | CALL | 03770N901 |  | 15063 | 241 | SH | Call | DFND | 2 | 241 | 0 | 0 |
| APOGEE THERAPEUTICS INC | CALL | 03770N901 |  | 13675 | 54 | SH | Call | DFND | 2 | 54 | 0 | 0 |
| APPLIED THERAPEUTICS INC | CALL | 03828A901 |  | 1085 | 44 | SH | Call | DFND | 2 | 44 | 0 | 0 |
| ATYR PHARMA INC | CALL | 002120902 |  | 1 | 90 | SH | Call | DFND | 2 | 90 | 0 | 0 |
| ATYR PHARMA INC | CALL | 002120902 |  | 416 | 28 | SH | Call | DFND | 2 | 28 | 0 | 0 |
| ATYR PHARMA INC | CALL | 002120902 |  | 17 | 8 | SH | Call | DFND | 2 | 8 | 0 | 0 |
| ATYR PHARMA INC | CALL | 002120902 |  | 2 | 171 | SH | Call | DFND | 2 | 171 | 0 | 0 |
| ANAVEX LIFE SCIENCES CORP | CALL | 032797900 |  | 49743 | 322 | SH | Call | DFND | 2 | 322 | 0 | 0 |
| BRIDGEBIO PHARMA INC | CALL | 10806X902 |  | 235560 | 302 | SH | Call | DFND | 2 | 302 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | CALL | 110122908 |  | 28595 | 229 | SH | Call | DFND | 2 | 229 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | CALL | 110122908 |  | 19490 | 183 | SH | Call | DFND | 2 | 183 | 0 | 0 |
| CAPRICOR THERAPEUTICS INC | CALL | 14070B909 |  | 53902 | 458 | SH | Call | DFND | 2 | 458 | 0 | 0 |
| CAPRICOR THERAPEUTICS INC | CALL | 14070B909 |  | 18665 | 231 | SH | Call | DFND | 2 | 231 | 0 | 0 |
| C4 THERAPEUTICS INC | CALL | 12529R907 |  | 3250 | 325 | SH | Call | DFND | 2 | 325 | 0 | 0 |
| COGENT BIOSCIENCES INC | CALL | 19240Q901 |  | 133009 | 460 | SH | Call | DFND | 2 | 460 | 0 | 0 |
| CRISPR THERAPEUTICS AG | CALL | H17182908 |  | 135709 | 124 | SH | Call | DFND | 2 | 124 | 0 | 0 |
| CRISPR THERAPEUTICS AG | CALL | H17182908 |  | 56280 | 134 | SH | Call | DFND | 2 | 134 | 0 | 0 |
| EDITAS MEDICINE INC | CALL | 28106W903 |  | 27720 | 693 | SH | Call | DFND | 2 | 693 | 0 | 0 |
| AMICUS THERAPEUTICS INC | CALL | 03152W909 |  | 16665 | 303 | SH | Call | DFND | 2 | 303 | 0 | 0 |
| GOSSAMER BIO INC | CALL | 38341P902 |  | 49486 | 303 | SH | Call | DFND | 2 | 303 | 0 | 0 |
| GOSSAMER BIO INC | CALL | 38341P902 |  | 135749 | 1151 | SH | Call | DFND | 2 | 1151 | 0 | 0 |
| GOSSAMER BIO INC | CALL | 38341P902 |  | 17813 | 475 | SH | Call | DFND | 2 | 475 | 0 | 0 |
| HARMONY BIOSCIENCES HLDGS IN | CALL | 413197904 |  | 3 | 345 | SH | Call | DFND | 2 | 345 | 0 | 0 |
| INCYTE CORP | CALL | 45337C902 |  | 296813 | 230 | SH | Call | DFND | 2 | 230 | 0 | 0 |
| IONIS PHARMACEUTICALS INC | CALL | 462222900 |  | 165336 | 229 | SH | Call | DFND | 2 | 229 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | CALL | G50871905 |  | 82767 | 115 | SH | Call | DFND | 2 | 115 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | CALL | G50871905 |  | 6389 | 114 | SH | Call | DFND | 2 | 114 | 0 | 0 |
| KODIAK SCIENCES INC | CALL | 50015M909 |  | 68480 | 64 | SH | Call | DFND | 2 | 64 | 0 | 0 |
| MBX BIOSCIENCES INC | CALL | 55287L901 |  | 71822 | 230 | SH | Call | DFND | 2 | 230 | 0 | 0 |
| MOONLAKE IMMUNOTHERAPEUTICS | CALL | 61559X904 |  | 15 | 16 | SH | Call | DFND | 2 | 16 | 0 | 0 |
| MOONLAKE IMMUNOTHERAPEUTICS | CALL | 61559X904 |  | 1 | 1 | SH | Call | DFND | 2 | 1 | 0 | 0 |
| MOONLAKE IMMUNOTHERAPEUTICS | CALL | 61559X904 |  | 20 | 44 | SH | Call | DFND | 2 | 44 | 0 | 0 |
| MANNKIND CORP | CALL | 56400P906 |  | 79056 | 1196 | SH | Call | DFND | 2 | 1196 | 0 | 0 |
| MANNKIND CORP | CALL | 56400P906 |  | 35910 | 1197 | SH | Call | DFND | 2 | 1197 | 0 | 0 |
| MEREO BIOPHARMA GROUP PLC | CALL | 589492907 |  | 139774 | 1855 | SH | Call | DFND | 2 | 1855 | 0 | 0 |
| MEREO BIOPHARMA GROUP PLC | CALL | 589492907 |  | 28805 | 1646 | SH | Call | DFND | 2 | 1646 | 0 | 0 |
| MODERNA INC | CALL | 60770K907 |  | 1787 | 115 | SH | Call | DFND | 2 | 115 | 0 | 0 |
| MODERNA INC | CALL | 60770K907 |  | 364 | 134 | SH | Call | DFND | 2 | 134 | 0 | 0 |
| INTELLIA THERAPEUTICS INC | CALL | 45826J905 |  | 201062 | 458 | SH | Call | DFND | 2 | 458 | 0 | 0 |
| INTELLIA THERAPEUTICS INC | CALL | 45826J905 |  | 152955 | 618 | SH | Call | DFND | 2 | 618 | 0 | 0 |
| NOVAVAX INC | CALL | 670002901 |  | 7781 | 399 | SH | Call | DFND | 2 | 399 | 0 | 0 |
| OCULAR THERAPEUTIX INC | CALL | 67576A900 |  | 163809 | 313 | SH | Call | DFND | 2 | 313 | 0 | 0 |
| OLEMA PHARMACEUTICALS INC | CALL | 68062P906 |  | 116478 | 209 | SH | Call | DFND | 2 | 209 | 0 | 0 |
| PUMA BIOTECHNOLOGY INC | CALL | 74587V907 |  | 3285 | 73 | SH | Call | DFND | 2 | 73 | 0 | 0 |
| PUMA BIOTECHNOLOGY INC | CALL | 74587V907 |  | 5378 | 239 | SH | Call | DFND | 2 | 239 | 0 | 0 |
| ULTRAGENYX PHARMACEUTICAL IN | CALL | 90400D908 |  | 27550 | 116 | SH | Call | DFND | 2 | 116 | 0 | 0 |
| ULTRAGENYX PHARMACEUTICAL IN | CALL | 90400D908 |  | 31915 | 231 | SH | Call | DFND | 2 | 231 | 0 | 0 |
| AVITA MEDICAL INC | CALL | 05380C902 |  | 20 | 57 | SH | Call | DFND | 2 | 57 | 0 | 0 |
| AVITA MEDICAL INC | CALL | 05380C902 |  | 21526 | 1379 | SH | Call | DFND | 2 | 1379 | 0 | 0 |
| AVITA MEDICAL INC | CALL | 05380C902 |  | 700 | 28 | SH | Call | DFND | 2 | 28 | 0 | 0 |
| AVIDITY BIOSCIENCES INC | CALL | 05370A908 |  | 504340 | 458 | SH | Call | DFND | 2 | 458 | 0 | 0 |
| RECURSION PHARMACEUTICALS IN | CALL | 75629V904 |  | 27098 | 906 | SH | Call | DFND | 2 | 906 | 0 | 0 |
| RECURSION PHARMACEUTICALS IN | CALL | 75629V904 |  | 10619 | 700 | SH | Call | DFND | 2 | 700 | 0 | 0 |
| SCPHARMACEUTICALS INC | CALL | 810648905 |  | 339478 | 1066 | SH | Call | DFND | 2 | 1066 | 0 | 0 |
| SKYE BIOSCIENCE INC | CALL | 83086J900 |  | 80840 | 688 | SH | Call | DFND | 2 | 688 | 0 | 0 |
| SOLENO THERAPEUTICS INC | CALL | 834203909 |  | 44850 | 115 | SH | Call | DFND | 2 | 115 | 0 | 0 |
| SELLAS LIFE SCIENCES GROUP I | CALL | 81642T909 |  | 11620 | 920 | SH | Call | DFND | 2 | 920 | 0 | 0 |
| SUMMIT THERAPEUTICS INC | CALL | 86627T908 |  | 33271 | 115 | SH | Call | DFND | 2 | 115 | 0 | 0 |
| SUMMIT THERAPEUTICS INC | CALL | 86627T908 |  | 4867 | 60 | SH | Call | DFND | 2 | 60 | 0 | 0 |
| SCHOLAR ROCK HLDG CORP | CALL | 80706P903 |  | 35495 | 229 | SH | Call | DFND | 2 | 229 | 0 | 0 |
| TECTONIC THERAPEUTIC INC | CALL | 878972908 |  | 42376 | 229 | SH | Call | DFND | 2 | 229 | 0 | 0 |
| TERNS PHARMACEUTICALS INC | CALL | 880881907 |  | 27207 | 147 | SH | Call | DFND | 2 | 147 | 0 | 0 |
| TERNS PHARMACEUTICALS INC | CALL | 880881907 |  | 146522 | 373 | SH | Call | DFND | 2 | 373 | 0 | 0 |
| UPSTREAM BIO INC | CALL | 91678A907 |  | 220360 | 462 | SH | Call | DFND | 2 | 462 | 0 | 0 |
| VIKING THERAPEUTICS INC | CALL | 92686J906 |  | 32976 | 687 | SH | Call | DFND | 2 | 687 | 0 | 0 |
| VIKING THERAPEUTICS INC | CALL | 92686J906 |  | 13633 | 12 | SH | Call | DFND | 2 | 12 | 0 | 0 |
| VIKING THERAPEUTICS INC | CALL | 92686J906 |  | 238879 | 229 | SH | Call | DFND | 2 | 229 | 0 | 0 |
| VISTAGEN THERAPEUTICS INC | CALL | 92840H900 |  | 28700 | 231 | SH | Call | DFND | 2 | 231 | 0 | 0 |
| ZYMEWORKS INC | CALL | 98985Y908 |  | 119720 | 292 | SH | Call | DFND | 2 | 292 | 0 | 0 |
| ZYMEWORKS INC | CALL | 98985Y908 |  | 20237 | 74 | SH | Call | DFND | 2 | 74 | 0 | 0 |
| ZYMEWORKS INC | CALL | 98985Y908 |  | 30805 | 85 | SH | Call | DFND | 2 | 85 | 0 | 0 |
| CATALYST PHARMACEUTICALS INC | COM | 14888U101 |  | 225388 | 11441 | SH |  | DFND | 2 | 11441 | 0 | 0 |
| CLIMB BIO INC | COM | 28658R106 |  | 56724 | 28221 | SH |  | DFND | 2 | 28221 | 0 | 0 |
| COGENT BIOSCIENCES INC | COM | 19240Q201 |  | 322899 | 22486 | SH |  | DFND | 2 | 22486 | 0 | 0 |
| CYTOMX THERAPEUTICS INC | COM | 23284F105 |  | 136038 | 42645 | SH |  | DFND | 2 | 42645 | 0 | 0 |
| EQUILLIUM INC | COM | 29446K106 |  | 98657 | 68991 | SH |  | DFND | 2 | 68991 | 0 | 0 |
| FOGHORN THERAPEUTICS INC | COM | 344174107 |  | 55946 | 11441 | SH |  | DFND | 2 | 11441 | 0 | 0 |
| HARMONY BIOSCIENCES HLDGS IN | COM | 413197104 |  | 316940 | 11500 | SH |  | DFND | 2 | 11500 | 0 | 0 |
| IMMUNOCORE HLDGS PLC | ADS | 45258D105 |  | 1039583 | 28615 | SH |  | DFND | 2 | 28615 | 0 | 0 |
| INDIVIOR PLC | ORD | G4766E116 |  | 1408241 | 58409 | SH |  | DFND | 2 | 58409 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 695377 | 5276 | SH |  | DFND | 2 | 5276 | 0 | 0 |
| MANNKIND CORP | COM NEW | 56400P706 |  | 264537 | 49262 | SH |  | DFND | 2 | 49262 | 0 | 0 |
| MIND MEDICINE MINDMED INC | COM NEW | 60255C885 |  | 286285 | 24282 | SH |  | DFND | 2 | 24282 | 0 | 0 |
| MODERNA INC | COM | 60770K107 |  | 118379 | 4583 | SH |  | DFND | 2 | 4583 | 0 | 0 |
| NEKTAR THERAPEUTICS | COM NEW | 640268306 |  | 982663 | 17270 | SH |  | DFND | 2 | 17270 | 0 | 0 |
| NEUPHORIA THERAPEUTICS INC | COM | 64136E102 |  | 57865 | 4908 | SH |  | DFND | 2 | 4908 | 0 | 0 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 |  | 1220464 | 8694 | SH |  | DFND | 2 | 8694 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 319567 | 5759 | SH |  | DFND | 2 | 5759 | 0 | 0 |
| OVID THERAPEUTICS INC | COM | 690469101 |  | 59852 | 46040 | SH |  | DFND | 2 | 46040 | 0 | 0 |
| PACIRA BIOSCIENCES INC | COM | 695127100 |  | 349828 | 13575 | SH |  | DFND | 2 | 13575 | 0 | 0 |
| PELTHOS THERAPEUTICS INC | COM SHS | 171126204 |  | 67284 | 2403 | SH |  | DFND | 2 | 2403 | 0 | 0 |
| PMV PHARMACEUTICALS INC | COM | 69353Y103 |  | 3625 | 2589 | SH |  | DFND | 2 | 2589 | 0 | 0 |
| PROQR THRAPEUTICS N V | SHS EURO | N71542109 |  | 77276 | 36280 | SH |  | DFND | 2 | 36280 | 0 | 0 |
| PROTAGONIST THERAPEUTICS INC | COM | 74366E102 |  | 782545 | 11780 | SH |  | DFND | 2 | 11780 | 0 | 0 |
| PURETECH HEALTH PLC | ADS | 746237106 |  | 31173 | 1685 | SH |  | DFND | 2 | 1685 | 0 | 0 |
| ARCTURUS THERAPEUTICS HLDGS | PUT | 03969T959 |  | 18893 | 229 | SH | Put | DFND | 2 | 229 | 0 | 0 |
| ARCTURUS THERAPEUTICS HLDGS | PUT | 03969T959 |  | 19095 | 114 | SH | Put | DFND | 2 | 114 | 0 | 0 |
| ARCTURUS THERAPEUTICS HLDGS | PUT | 03969T959 |  | 565 | 2 | SH | Put | DFND | 2 | 2 | 0 | 0 |
| ATYR PHARMA INC | PUT | 002120952 |  | 4802 | 27 | SH | Put | DFND | 2 | 27 | 0 | 0 |
| ATYR PHARMA INC | PUT | 002120952 |  | 26501 | 149 | SH | Put | DFND | 2 | 149 | 0 | 0 |
| AURINIA PHARMACEUTICALS INC | PUT | 05156V952 |  | 118 | 3 | SH | Put | DFND | 2 | 3 | 0 | 0 |
| CORCEPT THERAPEUTICS INC | PUT | 218352952 |  | 143 | 1 | SH | Put | DFND | 2 | 1 | 0 | 0 |
| CORCEPT THERAPEUTICS INC | PUT | 218352952 |  | 18294 | 60 | SH | Put | DFND | 2 | 60 | 0 | 0 |
| CORMEDIX INC | PUT | 21900C958 |  | 42109 | 229 | SH | Put | DFND | 2 | 229 | 0 | 0 |
| CORVUS PHARMACEUTICALS INC | PUT | 221015950 |  | 8265 | 114 | SH | Put | DFND | 2 | 114 | 0 | 0 |
| HARMONY BIOSCIENCES HLDGS IN | PUT | 413197954 |  | 143060 | 115 | SH | Put | DFND | 2 | 115 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | PUT | G50871955 |  | 2355 | 115 | SH | Put | DFND | 2 | 115 | 0 | 0 |
| JADE BIOSCIENCES INC | PUT | 008064956 |  | 10225 | 88 | SH | Put | DFND | 2 | 88 | 0 | 0 |
| KODIAK SCIENCES INC | PUT | 50015M959 |  | 145 | 3 | SH | Put | DFND | 2 | 3 | 0 | 0 |
| ELI LILLY  CO | PUT | 532457958 |  | 1852 | 23 | SH | Put | DFND | 2 | 23 | 0 | 0 |
| MEREO BIOPHARMA GROUP PLC | PUT | 589492957 |  | 6807 | 91 | SH | Put | DFND | 2 | 91 | 0 | 0 |
| MODERNA INC | PUT | 60770K957 |  | 107744 | 230 | SH | Put | DFND | 2 | 230 | 0 | 0 |
| NOVO-NORDISK A S | PUT | 670100955 |  | 15380 | 114 | SH | Put | DFND | 2 | 114 | 0 | 0 |
| NOVO-NORDISK A S | PUT | 670100955 |  | 143452 | 115 | SH | Put | DFND | 2 | 115 | 0 | 0 |
| PRAXIS PRECISION MEDICINES I | PUT | 74006W957 |  | 319127 | 230 | SH | Put | DFND | 2 | 230 | 0 | 0 |
| UNIQURE NV | PUT | N90064951 |  | 41451 | 229 | SH | Put | DFND | 2 | 229 | 0 | 0 |
| UNIQURE NV | PUT | N90064951 |  | 105790 | 459 | SH | Put | DFND | 2 | 459 | 0 | 0 |
| ULTRAGENYX PHARMACEUTICAL IN | PUT | 90400D958 |  | 214800 | 320 | SH | Put | DFND | 2 | 320 | 0 | 0 |
| ROIVANT SCIENCES LTD | PUT | G76279951 |  | 36284 | 691 | SH | Put | DFND | 2 | 691 | 0 | 0 |
| CASSAVA SCIENCES INC | PUT | 14817C957 |  | 984 | 24 | SH | Put | DFND | 2 | 24 | 0 | 0 |
| SOLENO THERAPEUTICS INC | PUT | 834203959 |  | 12850 | 230 | SH | Put | DFND | 2 | 230 | 0 | 0 |
| SPDR S 500 ETF TR | PUT | 78462F953 |  | 6141 | 46 | SH | Put | DFND | 2 | 46 | 0 | 0 |
| TRAVERE THERAPEUTICS INC | PUT | 89422G957 |  | 390 | 1 | SH | Put | DFND | 2 | 1 | 0 | 0 |
| PYXIS ONCOLOGY INC | COMMON STOCK | 747324101 |  | 76883 | 34632 | SH |  | DFND | 2 | 34632 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 3885848 | 6911 | SH |  | DFND | 2 | 6911 | 0 | 0 |
| RELAY THERAPEUTICS INC | COM | 75943R102 |  | 53662 | 10280 | SH |  | DFND | 2 | 10280 | 0 | 0 |
| REVIVA PHARMACEUTCLS HLDGS I | COM | 76152G100 |  | 218912 | 593902 | SH |  | DFND | 2 | 593902 | 0 | 0 |
| REVOLUTION MEDICINES INC | COM | 76155X100 |  | 636381 | 13627 | SH |  | DFND | 2 | 13627 | 0 | 0 |
| ROIVANT SCIENCES LTD | SHS | G76279101 |  | 418602 | 27667 | SH |  | DFND | 2 | 27667 | 0 | 0 |
| SOLENO THERAPEUTICS INC | COM | 834203309 |  | 2789108 | 41259 | SH |  | DFND | 2 | 41259 | 0 | 0 |
| SUPERNUS PHARMACEUTICALS INC | COM | 868459108 |  | 246549 | 5159 | SH |  | DFND | 2 | 5159 | 0 | 0 |
| TENAYA THERAPEUTICS INC | COM | 87990A106 |  | 117440 | 72494 | SH |  | DFND | 2 | 72494 | 0 | 0 |
| TERNS PHARMACEUTICALS INC | COM | 880881107 |  | 558481 | 74365 | SH |  | DFND | 2 | 74365 | 0 | 0 |
| TG THERAPEUTICS INC | COM | 88322Q108 |  | 507231 | 14041 | SH |  | DFND | 2 | 14041 | 0 | 0 |
| TREVI THERAPEUTICS INC | COM | 89532M101 |  | 180145 | 19688 | SH |  | DFND | 2 | 19688 | 0 | 0 |
| TVARDI THERAPEUTICS INC | COM | 140755307 |  | 19485 | 500 | SH |  | DFND | 2 | 500 | 0 | 0 |
| ULTRAGENYX PHARMACEUTICAL IN | COM | 90400D108 |  | 62627 | 2082 | SH |  | DFND | 2 | 2082 | 0 | 0 |
| UROGEN PHARMA LTD | COM | M96088105 |  | 413484 | 20726 | SH |  | DFND | 2 | 20726 | 0 | 0 |
| VAXCYTE INC | COM | 92243G108 |  | 1803738 | 50076 | SH |  | DFND | 2 | 50076 | 0 | 0 |
| VENTYX BIOSCIENCES INC | COM | 92332V107 |  | 50677 | 16295 | SH |  | DFND | 2 | 16295 | 0 | 0 |
| VIKING THERAPEUTICS INC | COM | 92686J106 |  | 1171510 | 44578 | SH |  | DFND | 2 | 44578 | 0 | 0 |
| VISTAGEN THERAPEUTICS INC | COM | 92840H400 |  | 267382 | 75319 | SH |  | DFND | 2 | 75319 | 0 | 0 |
| XERIS BIOPHARMA HOLDINGS INC | COM | 98422E103 |  | 140024 | 17202 | SH |  | DFND | 2 | 17202 | 0 | 0 |
| DENISON MINES CORP | COM | 248356107 |  | 309805 | 112549 | SH |  | DFND | 3 | 112549 | 0 | 0 |
| NEXGEN ENERGY LTD | COM | 65340P106 |  | 2232949 | 249352 | SH |  | DFND | 3 | 249352 | 0 | 0 |
| SOLARIS RES INC | COM NEW | 83419D201 |  | 259469 | 40656 | SH |  | DFND | 3 | 40656 | 0 | 0 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 1026487 | 67754 | SH |  | DFND | 3 | 67754 | 0 | 0 |
| TASEKO MINES LTD | COM | 876511106 |  | 839439 | 198449 | SH |  | DFND | 3 | 198449 | 0 | 0 |
| EQUINOX GOLD CORP | COM | 29446Y502 |  | 1597649 | 142393 | SH |  | DFND | 3 | 142393 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 644021 | 2341 | SH |  | DFND | 3 | 2341 | 0 | 0 |
| ELDORADO GOLD CORP NEW | COM | 284902509 |  | 1684605 | 58311 | SH |  | DFND | 3 | 58311 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 350827 | 2926 | SH |  | DFND | 3 | 2926 | 0 | 0 |
| ANTERIS TECHNOLOGIES GLOBAL | COM | 03675P102 |  | 104927 | 23317 | SH |  | DFND | 3 | 23317 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 889308 | 52343 | SH |  | DFND | 3 | 52343 | 0 | 0 |
| NEWS CORP NEW | CL B | 65249B208 |  | 950574 | 27513 | SH |  | DFND | 3 | 27513 | 0 | 0 |
| ALCOA CORP | COM | 013872106 |  | 1559874 | 47427 | SH |  | DFND | 3 | 47427 | 0 | 0 |
| WARRIOR MET COAL INC | COM | 93627C101 |  | 236486 | 3716 | SH |  | DFND | 3 | 3716 | 0 | 0 |
| AGNC INVT CORP | COM | 00123Q104 |  | 400489 | 40908 | SH |  | DFND | 4 | 40908 | 0 | 0 |
| AMERIS BANCORP | COM | 03076K108 |  | 566027 | 7721 | SH |  | DFND | 4 | 7721 | 0 | 0 |
| ARBOR REALTY TRUST INC | COM | 038923108 |  | 555006 | 45455 | SH |  | DFND | 4 | 45455 | 0 | 0 |
| AVIDBANK HLDGS INC | COM | 05368J103 |  | 768315 | 30130 | SH |  | DFND | 4 | 30130 | 0 | 0 |
| AXOS FINANCIAL INC | COM | 05465C100 |  | 1077510 | 12729 | SH |  | DFND | 4 | 12729 | 0 | 0 |
| BANCORP INC DEL | COM | 05969A105 |  | 510675 | 6819 | SH |  | DFND | 4 | 6819 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 469005 | 9091 | SH |  | DFND | 4 | 9091 | 0 | 0 |
| BANKUNITED INC | COM | 06652K103 |  | 520235 | 13633 | SH |  | DFND | 4 | 13633 | 0 | 0 |
| ARBOR REALTY TRUST INC | CALL | 038923908 |  | 39156 | 580 | SH | Call | DFND | 4 | 580 | 0 | 0 |
| ARBOR REALTY TRUST INC | CALL | 038923908 |  | 13782 | 335 | SH | Call | DFND | 4 | 335 | 0 | 0 |
| AFFIRM HLDGS INC | CALL | 00827B906 |  | 9258 | 23 | SH | Call | DFND | 4 | 23 | 0 | 0 |
| AGNC INVT CORP | CALL | 00123Q904 |  | 1705 | 682 | SH | Call | DFND | 4 | 682 | 0 | 0 |
| AGNC INVT CORP | CALL | 00123Q904 |  | 4680 | 936 | SH | Call | DFND | 4 | 936 | 0 | 0 |
| CITIGROUP INC | CALL | 172967904 |  | 102218 | 151 | SH | Call | DFND | 4 | 151 | 0 | 0 |
| ROBINHOOD MKTS INC | CALL | 770700902 |  | 119250 | 75 | SH | Call | DFND | 4 | 75 | 0 | 0 |
| ROBINHOOD MKTS INC | CALL | 770700902 |  | 49680 | 46 | SH | Call | DFND | 4 | 46 | 0 | 0 |
| ISHARES TR | CALL | 464288902 |  | 30750 | 75 | SH | Call | DFND | 4 | 75 | 0 | 0 |
| ISHARES TR | CALL | 464288902 |  | 6900 | 23 | SH | Call | DFND | 4 | 23 | 0 | 0 |
| ISHARES TR | CALL | 464288902 |  | 11746 | 54 | SH | Call | DFND | 4 | 54 | 0 | 0 |
| SPDR SERIES TRUST | CALL | 78464A908 |  | 49735 | 245 | SH | Call | DFND | 4 | 245 | 0 | 0 |
| SPDR SERIES TRUST | CALL | 78464A908 |  | 25803 | 122 | SH | Call | DFND | 4 | 122 | 0 | 0 |
| SPDR SERIES TRUST | CALL | 78464A908 |  | 97356 | 854 | SH | Call | DFND | 4 | 854 | 0 | 0 |
| SPDR SERIES TRUST | CALL | 78464A908 |  | 69048 | 1096 | SH | Call | DFND | 4 | 1096 | 0 | 0 |
| PAGAYA TECHNOLOGIES LTD | CALL | M7S64L903 |  | 8937 | 32 | SH | Call | DFND | 4 | 32 | 0 | 0 |
| READY CAPITAL CORP | CALL | 75574U901 |  | 6593 | 527 | SH | Call | DFND | 4 | 527 | 0 | 0 |
| SL GREEN RLTY CORP | CALL | 78440X907 |  | 16875 | 90 | SH | Call | DFND | 4 | 90 | 0 | 0 |
| UWM HOLDINGS CORPORATION | CALL | 91823B909 |  | 25313 | 675 | SH | Call | DFND | 4 | 675 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1153649 | 11366 | SH |  | DFND | 4 | 11366 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 483331 | 9092 | SH |  | DFND | 4 | 9092 | 0 | 0 |
| COASTAL FINL CORP WA | COM NEW | 19046P209 |  | 983373 | 9091 | SH |  | DFND | 4 | 9091 | 0 | 0 |
| CONNECTONE BANCORP INC | COM | 20786W107 |  | 1880573 | 75799 | SH |  | DFND | 4 | 75799 | 0 | 0 |
| FB FINL CORP | COM | 30257X104 |  | 1140162 | 20455 | SH |  | DFND | 4 | 20455 | 0 | 0 |
| FIRST WESTN FINL INC | COM | 33751L105 |  | 888926 | 38607 | SH |  | DFND | 4 | 38607 | 0 | 0 |
| LINKBANCORP INC | COM | 53578P105 |  | 283646 | 39782 | SH |  | DFND | 4 | 39782 | 0 | 0 |
| LIVE OAK BANCSHARES INC | COM | 53803X105 |  | 800445 | 22727 | SH |  | DFND | 4 | 22727 | 0 | 0 |
| NORTHPOINTE BANCSHARES INC. | COM SHS | 66661N886 |  | 712748 | 41730 | SH |  | DFND | 4 | 41730 | 0 | 0 |
| OLD SECOND BANCORP INC ILL | COM | 680277100 |  | 314276 | 18182 | SH |  | DFND | 4 | 18182 | 0 | 0 |
| PAGAYA TECHNOLOGIES LTD | CL A NEW | M7S64L123 |  | 915610 | 30839 | SH |  | DFND | 4 | 30839 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | PUT | 99DMZR5X6 |  | 48773 | 68 | SH | Put | DFND | 4 | 68 | 0 | 0 |
| ISHARES TR | PUT | 464287955 |  | 5100 | 60 | SH | Put | DFND | 4 | 60 | 0 | 0 |
| ISHARES TR | PUT | 46436E338 |  | 1863 | 621 | SH | Put | DFND | 4 | 621 | 0 | 0 |
| QCR HOLDINGS INC | COM | 74727A104 |  | 859573 | 11364 | SH |  | DFND | 4 | 11364 | 0 | 0 |
| SEACOAST BKG CORP FLA | COM NEW | 811707801 |  | 829917 | 27273 | SH |  | DFND | 4 | 27273 | 0 | 0 |
| SMARTFINANCIAL INC | COM NEW | 83190L208 |  | 267439 | 7485 | SH |  | DFND | 4 | 7485 | 0 | 0 |
| SOUTHSTATE BK CORP | COM | 84472E102 |  | 674096 | 6818 | SH |  | DFND | 4 | 6818 | 0 | 0 |
| STIFEL FINL CORP | COM | 860630102 |  | 1134587 | 9999 | SH |  | DFND | 4 | 9999 | 0 | 0 |
| TOWNEBANK PORTSMOUTH VA | COM | 89214P109 |  | 785672 | 22727 | SH |  | DFND | 4 | 22727 | 0 | 0 |
| UWM HOLDINGS CORPORATION | COM CL A | 91823B109 |  | 553587 | 90901 | SH |  | DFND | 4 | 90901 | 0 | 0 |
| WEBSTER FINL CORP | COM | 947890109 |  | 675417 | 11363 | SH |  | DFND | 4 | 11363 | 0 | 0 |
| WESTERN ALLIANCE BANCORP | COM | 957638109 |  | 788372 | 9091 | SH |  | DFND | 4 | 9091 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 717640 | 1000 | SH |  | DFND | 5 | 1000 | 0 | 0 |
| CONFLUENT INC | CLASS A COM | 20717M103 |  | 990000 | 50000 | SH |  | DFND | 5 | 50000 | 0 | 0 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 333720 | 2000 | SH |  | DFND | 5 | 2000 | 0 | 0 |
| HESAI GROUP | SPONSORED ADS | 428050108 |  | 1214651 | 43226 | SH |  | DFND | 5 | 43226 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 1073600 | 32000 | SH |  | DFND | 5 | 32000 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 3368100 | 30000 | SH |  | DFND | 5 | 30000 | 0 | 0 |
| NEXTRACKER INC | CLASS A COM | 65290E101 |  | 739900 | 10000 | SH |  | DFND | 5 | 10000 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 932900 | 5000 | SH |  | DFND | 5 | 5000 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 1408271 | 10655 | SH |  | DFND | 5 | 10655 | 0 | 0 |
| RUBRIK INC. | CL A | 781154109 |  | 1316000 | 16000 | SH |  | DFND | 5 | 16000 | 0 | 0 |
| SAILPOINT INC | COM | 78781J109 |  | 1527075 | 69161 | SH |  | DFND | 5 | 69161 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 2873000 | 44200 | SH |  | DFND | 6 | 44200 | 0 | 0 |
| ISHARES ETHEREUM TR | SHS | 46438R105 |  | 1046699 | 33218 | SH |  | DFND | 6 | 33218 | 0 | 0 |
| NVIDIA CORPORATION | CALL | 67066G904 |  | 16450 | 31 | SH | Call | DFND | 7 | 31 | 0 | 0 |
| SPDR S 500 ETF TR | CALL | 78462F903 |  | 15174 | 20 | SH | Call | DFND | 7 | 20 | 0 | 0 |
| MICRON TECHNOLOGY INC | CALL | 595112903 |  | 13746 | 12 | SH | Call | DFND | 7 | 12 | 0 | 0 |
| TESLA INC | CALL | 88160R901 |  | 25075 | 10 | SH | Call | DFND | 7 | 10 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | CALL | 45841N907 |  | 12307 | 40 | SH | Call | DFND | 7 | 40 | 0 | 0 |
| SPDR GOLD TR | CALL | 78463V907 |  | 34396 | 42 | SH | Call | DFND | 7 | 42 | 0 | 0 |
| AEVA TECHNOLOGIES INC | CALL | 00835Q902 |  | 1250 | 20 | SH | Call | DFND | 7 | 20 | 0 | 0 |
| APPLE INC | CALL | 037833900 |  | 3840 | 80 | SH | Call | DFND | 7 | 80 | 0 | 0 |
| APPLE INC | CALL | 037833900 |  | 12270 | 60 | SH | Call | DFND | 7 | 60 | 0 | 0 |
| ROBINHOOD MKTS INC | CALL | 770700902 |  | 18743 | 36 | SH | Call | DFND | 7 | 36 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 4823000 | 50000 | SH |  | DFND | 8 | 50000 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 829600 | 10000 | SH |  | DFND | 8 | 10000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 1251110 | 7000 | SH |  | DFND | 9 | 7000 | 0 | 0 |
| FUTU HLDGS LTD | SPON ADS CL A | 36118L106 |  | 395124 | 2272 | SH |  | DFND | 9 | 2272 | 0 | 0 |
| MINISO GROUP HLDG LTD | SPONSORED ADS | 66981J102 |  | 948398 | 42151 | SH |  | DFND | 9 | 42151 | 0 | 0 |
| NEW ORIENTAL ED  TECHNOLOGY | SPON ADR | 647581206 |  | 565355 | 10653 | SH |  | DFND | 9 | 10653 | 0 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 1571701 | 206260 | SH |  | DFND | 9 | 206260 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 1480304 | 11200 | SH |  | DFND | 9 | 11200 | 0 | 0 |
| UP FINTECH HLDG LTD | SPONSORED ADS | 91531W106 |  | 124711 | 11688 | SH |  | DFND | 9 | 11688 | 0 | 0 |
| VNET GROUP INC | SPONSORED ADS A | 90138A103 |  | 99695 | 9651 | SH |  | DFND | 9 | 9651 | 0 | 0 |
| YATSEN HLDG LTD | SPONSORED ADS | 985194208 |  | 45300 | 5000 | SH |  | DFND | 9 | 5000 | 0 | 0 |
| AMER SPORTS INC | COM SHS | G0260P102 |  | 99003 | 2849 | SH |  | DFND | 9 | 2849 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 354010 | 4186 | SH |  | DFND | 9 | 4186 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 154371 | 700 | SH |  | DFND | 9 | 700 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 162122 | 2325 | SH |  | DFND | 9 | 2325 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 246164 | 1520 | SH |  | DFND | 9 | 1520 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1234040 | 6614 | SH |  | DFND | 9 | 6614 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 640420 | 1298 | SH |  | DFND | 9 | 1298 | 0 | 0 |

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