# EDGAR Filing Document

**Accession Number:** 0001279891
**File Stem:** 0001279891-26-000002
**Filing Date:** 2026-2
**Character Count:** 173307
**Document Hash:** 488feca736f3ae47cd3a8d0a8d4ab439
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001279891-26-000002.hdr.sgml**: 20260202

**ACCESSION NUMBER**: 0001279891-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260202

**DATE AS OF CHANGE**: 20260202

**EFFECTIVENESS DATE**: 20260202

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WOLVERINE ASSET MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001279891

**ORGANIZATION NAME:**
- **EIN:** 020611276

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10687
- **FILM NUMBER:** 26587795

**BUSINESS ADDRESS:**
- **STREET 1:** 175 W. JACKSON
- **STREET 2:** SUITE 340
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60064
- **BUSINESS PHONE:** 3128844400

**MAIL ADDRESS:**
- **STREET 1:** 175 WEST JACKSON
- **STREET 2:** SUITE 340
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60604

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** WOLVERINE ASSET MANAGEMENT LLC<br>**Address:** 175 WEST JACKSON<br>SUITE 340<br>CHICAGO, IL 60604

**Form 13F File Number:** 028-10687

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

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

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Kenneth Nadel<br>**Title:** Chief Operating Officer<br>**Phone:** 312-884-3505

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

Kenneth Nadel  Chicago, IL  02-02-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 1648

**Form 13F Information Table Value Total:** $12687030003

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name                   | Form 13F File Number   |
|:---|:---|:---|
|  | Wolverine Holdings LLC | 028-17506              |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADOBE INC | COM | 00724F101 |  | 5494843 | 15700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 38226200 | 85000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 6169230 | 27000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 44548260 | 193000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 1342272 | 19200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 |  | 445260 | 8200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 27419315 | 160300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 26292000 | 84000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 19021836 | 17700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 36024240 | 114800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 12869100 | 72400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 27326816 | 127600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 64118700 | 343800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 49874040 | 1351600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 5270404 | 9200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 3353750 | 12500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 4159695 | 20100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2301245 | 56500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AMC NETWORKS INC | CL A | 00164V103 |  | 383656 | 40300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 30345920 | 325600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 34522707 | 52300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 7174692 | 85200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 16243995 | 91500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 12026914 | 45400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 13647788 | 160600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 22747177 | 79700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 10314649 | 161900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 2726880 | 19000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 7823607 | 23700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 16751240 | 48400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 23842466 | 49300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 5169636 | 30200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 13179184 | 60700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 43472000 | 790400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 21821030 | 187000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 14988579 | 76900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 879000 | 1000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 7513813 | 49300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 8796606 | 27300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CLARITEV CORPORATION | CL A NEW | 62548M209 |  | 8550 | 200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 115051152 | 423200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 14292048 | 63200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 1571088 | 4800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 6222206 | 20200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 2193984 | 23400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 11590249 | 45100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 4255902 | 72900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 8952084 | 51600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 3370180 | 22000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 422964 | 6200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 4399344 | 54800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 4032455 | 10900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 4301250 | 12500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 3875348 | 132400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 880139 | 7900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1251120 | 7800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 7488800 | 80000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 308016 | 12400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 2020671 | 14100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 3584141 | 12100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SHIFT4 PMTS INC | CL A | 82452J109 |  | 157425 | 2500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 8894470 | 84500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 4968435 | 64500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| HERBALIFE LTD | COM SHS | G4412G101 |  | 2048221 | 158900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 19284 | 1200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1379744 | 1600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 2259855 | 3900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 3917888 | 27700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 3268400 | 40000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 2473062 | 5800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 193700 | 10000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 7815768 | 13800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 269583 | 2300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 2907006 | 43800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 6382497 | 56100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 660240 | 3600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 259362 | 2700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 13369774 | 111100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| JETBLUE AWYS CORP | COM | 477143101 |  | 288015 | 63300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VIASAT INC | COM | 92552V100 |  | 1337048 | 38800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 2233530 | 89700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MILLROSE PPTYS INC | COM CL A | 601137102 |  | 11948 | 400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 2139331 | 6100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MERCER INTL INC | COM | 588056101 |  | 89496 | 45200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 591450 | 3000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CONFLUENT INC | CLASS A COM | 20717M103 |  | 199584 | 6600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UNITI GROUP LLC | COM SHS | 912932100 |  | 73605 | 10500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 3382830 | 27000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 2811075 | 18500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 65357 | 100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 |  | 2394 | 2100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 180495 | 1500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PERIMETER SOLUTIONS INC | COMMON STOCK | 71385M107 |  | 68825 | 2500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| GAMESTOP CORP NEW | CL A | 36467W109 |  | 2911600 | 145000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TRONOX HOLDINGS PLC | SHS | G9087Q102 |  | 15012 | 3600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 37530 | 5400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 14559450 | 145000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 269824 | 3400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| XEROX HOLDINGS CORP | COM NEW | 98421M106 |  | 3555 | 1500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 331682 | 2600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 414182 | 8200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 855764 | 2800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 460484 | 1900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| B  G FOODS INC NEW | COM | 05508R106 |  | 2284160 | 531200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UNISYS CORP | COM NEW | 909214306 |  | 279036 | 101100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 55260 | 300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 17264 | 1300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 8942 | 200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A698 |  | 1095289 | 16900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 294872 | 800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VIRGIN GALACTIC HOLDINGS INC | COM NEW | 92766K403 |  | 321 | 100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 1033800 | 30000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 367360 | 12800 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COMMUNITY HEALTH SYS INC NEW | COM | 203668108 |  | 1248000 | 400000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 4456032 | 30400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 6772 | 400 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TRIP COM GROUP LTD | ADS | 89677Q107 |  | 1668312 | 23200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 3626 | 200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| AIRSHIP AI HLDGS INC | COM | 008940108 |  | 2890 | 1000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| FORTUNA MNG CORP | COM NEW | 349942102 |  | 1256661 | 128100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 |  | 3717 | 900 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 24210 | 3000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BKV CORP | COM | 05603J108 |  | 2715 | 100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| FORTRESS BIOTECH INC | COM NEW | 34960Q307 |  | 2196 | 600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 10783049 | 124100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 14945 | 500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 722190 | 57000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 81360 | 300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 210882 | 600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 72026 | 200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 3457554 | 64100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 1282000 | 40000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 19838 | 200 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BIT DIGITAL INC | SHS | G1144A105 |  | 283500 | 150000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 85500 | 600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1141760 | 2000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| WW INTL INC | COM NEW | 98262P200 |  | 5991996 | 205100 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| FIRST MAJESTIC SILVER CORP | COM | 32076V103 |  | 1692656 | 101600 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 1500 | 300 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ARQIT QUANTUM INC | COM NEW | G0567U127 |  | 10940 | 500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| BITDEER TECHNOLOGIES GROUP | CL A ORD SHS | G11448100 |  | 3278925 | 292500 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 624807 | 31700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| CORMEDIX INC | COM | 21900C308 |  | 46520 | 4000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| MARA HOLDINGS INC | COM | 565788106 |  | 1212300 | 135000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| SABRE CORP | COM | 78573M104 |  | 1292000 | 950000 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 344682 | 2700 | SH | Call | DFND | 1 | 0 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 15057491 | 65900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 80000 | 16000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 272876416 | 1256800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 19107646 | 59300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 46048590 | 199500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 18380013 | 94300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 16219470 | 562200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 36182800 | 115600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 50263352 | 234700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 26767140 | 85300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SABRE CORP | COM | 78573M104 |  | 1632 | 1200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 276320403 | 14019300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 95543950 | 512300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 6656960 | 71000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 21179070 | 713100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 29694268 | 61400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 35048145 | 204900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 35389844 | 2793200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 12373992 | 21600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 11845656 | 69200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 12052656 | 217400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MARA HOLDINGS INC | COM | 565788106 |  | 112924398 | 12575100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 48323000 | 878600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 78946764 | 119600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 8782829 | 70100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SEADRILL LTD | COM | G7997W102 |  | 65740 | 1900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 44265240 | 1199600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 21749111 | 82100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HIMS  HERS HEALTH INC | COM CL A | 433000106 |  | 29956822 | 922600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 28655164 | 100400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 17679560 | 116000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 64171519 | 174100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 13185240 | 76000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 15831774 | 186300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 34108487 | 292300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 21960461 | 123700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 4699514 | 13400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 12874260 | 34800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 2341985 | 33500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 10129890 | 159000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 2053120 | 12800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 16087574 | 62600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 11465030 | 55400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 7352640 | 37000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NOBLE CORP PLC | ORD SHS A | G65431127 |  | 1256680 | 44500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 4653540 | 50200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GROUPON INC | COM NEW | 399473206 |  | 7852299 | 445900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FORTUNA MNG CORP | COM NEW | 349942102 |  | 5410215 | 551500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BILL HOLDINGS INC | COM | 090043100 |  | 98172 | 1800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 7469427 | 88700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 58958292 | 131100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 8242210 | 107000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 18450450 | 103800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TERAWULF INC | COM | 88080T104 |  | 51199440 | 4456000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 39282350 | 113500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 28876260 | 197000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 20203984 | 18800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 5821220 | 38000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 5553810 | 20700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 13454922 | 83400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 |  | 2704140 | 49800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 3567679 | 10900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 11878021 | 40100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 1680965 | 5500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 459597 | 64100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 12984629 | 37100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 3076500 | 3500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 90523329 | 3092700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORP | COM | 83001C108 |  | 2184416 | 142400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 3196928 | 5600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 5310240 | 37000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 1762288 | 6200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 58605 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 12805848 | 136800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JETBLUE AWYS CORP | COM | 477143101 |  | 14048125 | 3087500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 115921104 | 426400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PAGERDUTY INC | COM | 69553P100 |  | 2622 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 639488 | 12800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NEOGENOMICS INC | COM NEW | 64049M209 |  | 449232 | 38200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FASTLY INC | CL A | 31188V100 |  | 8355744 | 820800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 41021796 | 181400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 30933080 | 331900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NORTHERN OIL  GAS INC | COM | 665531307 |  | 2939243 | 136900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRANSMEDICS GROUP INC | COM | 89377M109 |  | 1167840 | 9600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GAMESTOP CORP NEW | CL A | 36467W109 |  | 42423016 | 2112700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BITDEER TECHNOLOGIES GROUP | CL A ORD SHS | G11448100 |  | 31079725 | 2772500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 544000 | 3200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 494998 | 9800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AST SPACEMOBILE INC | COM CL A | 00217D100 |  | 165618189 | 2280300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CLEANSPARK INC | COM NEW | 18452B209 |  | 42376488 | 4187400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 10873459 | 35300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| XPO INC | COM | 983793100 |  | 1562965 | 11500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 977932 | 26800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 378210 | 21000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SSR MINING IN | COM | 784730103 |  | 3857920 | 176000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HERBALIFE LTD | COM SHS | G4412G101 |  | 14899551 | 1155900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 4773556 | 117200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| STONEX GROUP INC | COM | 861896108 |  | 1284255 | 13500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 700488 | 28200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INTUITIVE MACHINES INC | CLASS A COM | 46125A100 |  | 9268953 | 571100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BEYOND MEAT INC | COM | 08862E109 |  | 1310770 | 1598500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENOVIX CORPORATION | COM | 293594107 |  | 13668238 | 1869800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TEMPUS AI INC | CL A | 88023B103 |  | 12412310 | 210200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 15348356 | 27100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 197290 | 18100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 9108528 | 57200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FIRST MAJESTIC SILVER CORP | COM | 32076V103 |  | 43499260 | 2611000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 2182460 | 11900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 1412073 | 72900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FIVE9 INC | COM | 338307101 |  | 358895 | 17900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 39870384 | 789200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SHIFT4 PMTS INC | CL A | 82452J109 |  | 3595587 | 57100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 170184000 | 1120000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MCEWEN INC. | COM NEW | 58039P305 |  | 919947 | 49700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ANTERO MIDSTREAM CORP | COM | 03676B102 |  | 1211499 | 68100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FLUENCE ENERGY INC | COM CL A | 34379V103 |  | 27889800 | 1410000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 8648882 | 26200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 22475820 | 201000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 6979197 | 48700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 7363740 | 21400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VIRGIN GALACTIC HOLDINGS INC | COM NEW | 92766K403 |  | 12975783 | 4042300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INDIE SEMICONDUCTOR INC | CLASS A COM | 45569U101 |  | 5316533 | 1506100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 2380665 | 28700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 2495584 | 22400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 4427339 | 25700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 14819920 | 462400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ROCKET LAB CORP | COM | 773121108 |  | 248540928 | 3562800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 6651684 | 15600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 6767604 | 84300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 1608600 | 5600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 35595345 | 354500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 1002187 | 15100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LUCID GROUP INC | COM NEW | 549498202 |  | 177348745 | 16778500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 21588996 | 179400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 9932121 | 87300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 2259855 | 3900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 1808095 | 26500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 3535594 | 4100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 |  | 125172 | 109800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| US FOODS HLDG CORP | COM | 912008109 |  | 451920 | 6000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 165958 | 1300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 450864 | 20200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MERCER INTL INC | COM | 588056101 |  | 590832 | 298400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 16073202 | 152700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 629475 | 38500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BRIDGEBIO PHARMA INC | COM | 10806X102 |  | 3778606 | 49400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 1753856 | 22100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CVR ENERGY INC | COM | 12662P108 |  | 4930272 | 193800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 5999616 | 27900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VERRA MOBILITY CORP | CL A COM STK | 92511U102 |  | 96363 | 4300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRUMP MEDIA  TECHNOLOGY GRO | COM | 25400Q105 |  | 9719484 | 734100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 1259840 | 6400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 1944054 | 33300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CIPHER MINING INC | COM | 17253J106 |  | 25010820 | 1694500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BLACKSKY TECHNOLOGY INC | CL A NEW | 09263B207 |  | 3376875 | 180100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 3742227 | 83700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 296670 | 5500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NOVAVAX INC | COM NEW | 670002401 |  | 1503936 | 223800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 |  | 11452050 | 2295000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 24116 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRIP COM GROUP LTD | ADS | 89677Q107 |  | 7191 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 39018 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 12183496 | 755800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VALARIS LTD | CL A | G9460G101 |  | 11581920 | 229800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 1160340 | 46600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BIT DIGITAL INC | SHS | G1144A105 |  | 3616515 | 1913500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A698 |  | 4154321 | 64100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRINET GROUP INC | COM | 896288107 |  | 1413207 | 23900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALGOMA STL GROUP INC | COM | 015658107 |  | 432960 | 105600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 247922280 | 6564000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 101300790 | 19862900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 2818995 | 34500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 14452240 | 746500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MILLROSE PPTYS INC | COM CL A | 601137102 |  | 4316215 | 144500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 5402865 | 669500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MARRIOTT VACATIONS WORLDWIDE | COM | 57164Y107 |  | 640359 | 11100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITI GROUP LLC | COM SHS | 912932100 |  | 1169268 | 166800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CINEMARK HLDGS INC | COM | 17243V102 |  | 422968 | 18200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| STEM INC | COM NEW | 85859N300 |  | 442470 | 29400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FUBOTV INC | CLASS A COM SHS | 35953D104 |  | 3809232 | 1511600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IMMUNOCORE HLDGS PLC | ADS | 45258D105 |  | 444288 | 12800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AFFIRM HLDGS INC | COM CL A | 00827B106 |  | 1972395 | 26500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALBERTSONS COS INC | COMMON STOCK | 013091103 |  | 161398 | 9400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ATS CORPORATION | COM | 00217Y104 |  | 82645 | 3000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 73680 | 400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RAYONIER ADVANCED MATLS INC | COM | 75508B104 |  | 131347 | 22300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GLADSTONE CAPITAL CORP | COM NEW | 376535878 |  | 758222 | 36700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 1314818 | 20200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 23132 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 1943752 | 45800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 52340736 | 625300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PENNYMAC FINL SVCS INC NEW | COM | 70932M107 |  | 13184 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 9430512 | 647700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 |  | 8725458 | 250300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VIASAT INC | COM | 92552V100 |  | 3504582 | 101700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 14920920 | 124000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CENTURY ALUM CO | COM | 156431108 |  | 35262 | 900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRONOX HOLDINGS PLC | SHS | G9087Q102 |  | 309831 | 74300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 6956860 | 68500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 1698079 | 100300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 12216000 | 400000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SEMTECH CORP | COM | 816850101 |  | 7369 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 140188326 | 1613400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GRAY MEDIA INC | COM | 389375106 |  | 1162084 | 240100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 31970 | 4600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RYMAN HOSPITALITY PPTYS INC | COM | 78377T107 |  | 2261418 | 23900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ARRAY TECHNOLOGIES INC | COM SHS | 04271T100 |  | 6696486 | 726300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADS | 881624209 |  | 8120842 | 260200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BLUELINX HLDGS INC | COM NEW | 09624H208 |  | 6143 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 436248 | 1800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ARBOR REALTY TRUST INC | COM | 038923108 |  | 3880 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| XPLR INFRASTRUCTURE LP | COM UNIT PART IN | 65341B106 |  | 6000 | 600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 35336 | 800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| XEROX HOLDINGS CORP | COM NEW | 98421M106 |  | 516423 | 217900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SAREPTA THERAPEUTICS INC | COM | 803607100 |  | 421792 | 19600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UPSTART HLDGS INC | COM | 91680M107 |  | 192412 | 4400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GUARDANT HEALTH INC | COM | 40131M109 |  | 714980 | 7000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 148785 | 1500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 23951592 | 1562400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENPRO INC | COM | 29355X107 |  | 171304 | 800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| B  G FOODS INC NEW | COM | 05508R106 |  | 365500 | 85000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 1476618 | 2600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 1690620 | 1000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CYTOKINETICS INC | COM NEW | 23282W605 |  | 317700 | 5000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 |  | 4407123 | 1067100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CNX RES CORP | COM | 12653C108 |  | 88248 | 2400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BRUKER CORP | COM | 116794108 |  | 4602647 | 97700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BORR DRILLING LTD | SHS | G1466R173 |  | 12493 | 3100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| POST HLDGS INC | COM | 737446104 |  | 2565395 | 25900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BIGBEAR AI HLDGS INC | COM | 08975B109 |  | 275400 | 51000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DENISON MINES CORP | COM | 248356107 |  | 3159814 | 1187900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 1763000 | 50000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WATERBRIDGE INFRASTRUCTURE L | CL A SHS REPSTG | 940923105 |  | 6003 | 300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PROGRESS SOFTWARE CORP | COM | 743312100 |  | 7792944 | 181400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 425154 | 17700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VIZSLA SILVER CORP | COM NEW | 92859G608 |  | 5125937 | 937100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| READY CAPITAL CORP | COM | 75574U101 |  | 1090 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 33836 | 2000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COMMUNITY HEALTH SYS INC NEW | COM | 203668108 |  | 3120 | 1000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 21686900 | 170000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SPECTRUM BRANDS HLDGS INC NE | COM | 84790A105 |  | 94528 | 1600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 6418965 | 56500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 36961 | 2300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FINVOLUTION GROUP | SPONSORED ADS | 31810T101 |  | 28765 | 5500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FIRSTCASH HOLDINGS INC | COM | 33768G107 |  | 621582 | 3900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 83196 | 400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 54390 | 3000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 5206180 | 181400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2587669 | 25900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 244375 | 2500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CHURCHILL DOWNS INC | COM | 171484108 |  | 2742098 | 24100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DIVERSIFIED HEALTHCARE TR | COM SH BEN INT | 25525P107 |  | 332710 | 68600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GREEN PLAINS INC | COM | 393222104 |  | 2344160 | 239200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| GALAXY DIGITAL INC. | CL A | 36317J209 |  | 561236 | 25100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 33057552 | 150700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DANAOS CORPORATION | SHS | Y1968P121 |  | 235450 | 2500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BKV CORP | COM | 05603J108 |  | 13575 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 30722 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| IONIS PHARMACEUTICALS INC | COM | 462222100 |  | 2768850 | 35000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VIAVI SOLUTIONS INC | COM | 925550105 |  | 3564 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| EVOLENT HEALTH INC | CL A | 30050B101 |  | 2000 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| B2GOLD CORP | COM | 11777Q209 |  | 902 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 845928 | 12400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 6898892 | 200200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 93114 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| KBR INC | COM | 48242W106 |  | 980880 | 24400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PLANET LABS PBC | COM CL A | 72703X106 |  | 382568 | 19400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| EURONET WORLDWIDE INC | COM | 298736109 |  | 53277 | 700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 28915950 | 105000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| OSCAR HEALTH INC | CL A | 687793109 |  | 14518011 | 1010300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 4164000 | 60000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SUNCOKE ENERGY INC | COM | 86722A103 |  | 720 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| BLACKBERRY LTD | COM | 09228F103 |  | 6749232 | 1780800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| AMERICAN AXLE  MFG HLDGS IN | COM | 024061103 |  | 16025 | 2500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SERVICE PPTYS TR | COM SH BEN INT | 81761L102 |  | 4600 | 2500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| HAEMONETICS CORP MASS | COM | 405024100 |  | 32060 | 400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 1863133 | 57700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| PBF ENERGY INC | CL A | 69318G106 |  | 5424000 | 200000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SINCLAIR INC | CL A | 829242106 |  | 128520 | 8400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NOVANTA INC | COM | 67000B104 |  | 345071 | 2900 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 1999500 | 100000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| RAPID7 INC | COM | 753422104 |  | 300960 | 19800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENCORE CAP GROUP INC | COM | 292554102 |  | 1358750 | 25000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WEIBO CORP | SPONSORED ADR | 948596101 |  | 3066 | 300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| FIVE POINT HOLDINGS LLC | COM CL A | 33833Q106 |  | 67080 | 12000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 14051925 | 259500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MERIT MED SYS INC | COM | 589889104 |  | 44070 | 500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ZIFF DAVIS INC | COM | 48123V102 |  | 1476300 | 42000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 108480 | 400 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 546987 | 18300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CERENCE INC | COM | 156727109 |  | 312148 | 29200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ELLINGTON FINANCIAL INC | COM | 28852N109 |  | 20370 | 1500 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| VARONIS SYS INC | COM | 922280102 |  | 19680 | 600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 593946 | 30600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| NEW ERA ENERGY  DIGITAL INC | COM | 64428N109 |  | 11134 | 3800 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ADIENT PLC | ORD SHS | G0084W101 |  | 174447 | 9100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CENTRUS ENERGY CORP | CL A | 15643U104 |  | 3641400 | 15000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 4338500 | 25000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 23705344 | 167600 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WW INTL INC | COM NEW | 98262P200 |  | 2922 | 100 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| WINNEBAGO INDS INC | COM | 974637100 |  | 12156 | 300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| LIVANOVA PLC | SHS | G5509L101 |  | 535311 | 8700 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| UNISYS CORP | COM NEW | 909214306 |  | 2495868 | 904300 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| INTEGER HLDGS CORP | COM | 45826H109 |  | 78430 | 1000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ENERGIZER HLDGS INC NEW | COM | 29272W109 |  | 1734408 | 87200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| CARDLYTICS INC | COM | 14161W105 |  | 143750 | 125000 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 44984 | 200 | SH | Put | DFND | 1 | 0 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 316537 | 1824 | SH |  | DFND | 1 | 1824 | 0 | 0 |
| JEFFS BRANDS LTD | *W EXP 99/99/999 | M61472110 |  | 214 | 18740 | SH |  | DFND | 1 | 18740 | 0 | 0 |
| REGENCY CTRS CORP | COM | 758849103 |  | 1956586 | 28344 | SH |  | DFND | 1 | 28344 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 3765253 | 21703 | SH |  | DFND | 1 | 21703 | 0 | 0 |
| PYROPHYTE ACQUISITION CORP. | CL A SHS | G7309T102 |  | 87572 | 8705 | SH |  | DFND | 1 | 8705 | 0 | 0 |
| NVNI GROUP LIMITED | *W EXP 11/01/202 | G50716110 |  | 2818 | 41992 | SH |  | DFND | 1 | 41992 | 0 | 0 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 930131 | 4472 | SH |  | DFND | 1 | 4472 | 0 | 0 |
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 |  | 1416578 | 342997 | SH |  | DFND | 1 | 342997 | 0 | 0 |
| NRX PHARMACEUTICALS INC | *W EXP 05/24/202 | 629444118 |  | 1578 | 22293 | SH |  | DFND | 1 | 22293 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 3250007 | 9286 | SH |  | DFND | 1 | 9286 | 0 | 0 |
| RLJ LODGING TR | COM | 74965L101 |  | 447834 | 60112 | SH |  | DFND | 1 | 60112 | 0 | 0 |
| PACIRA BIOSCIENCES INC | COM | 695127100 |  | 77640 | 3000 | SH |  | DFND | 1 | 3000 | 0 | 0 |
| CARBON REVOLUTION LTD | *W EXP 99/99/999 | G1893D110 |  | 31 | 4224 | SH |  | DFND | 1 | 4224 | 0 | 0 |
| OPKO HEALTH INC | NOTE  3.750% 1/1 | 68375NAG8 |  | 17347895 | 12950000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 1282375 | 21966 | SH |  | DFND | 1 | 21966 | 0 | 0 |
| KILROY RLTY CORP | COM | 49427F108 |  | 5095250 | 136346 | SH |  | DFND | 1 | 136346 | 0 | 0 |
| APPLE HOSPITALITY REIT INC | COM NEW | 03784Y200 |  | 3786703 | 319553 | SH |  | DFND | 1 | 319553 | 0 | 0 |
| GOSSAMER BIO INC | NOTE  5.000% 6/0 | 38341PAA0 |  | 14937316 | 21996000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ADAM NAT RES FD INC | COM | 00548F105 |  | 990279 | 45551 | SH |  | DFND | 1 | 45551 | 0 | 0 |
| PERIMETER SOLUTIONS INC | COMMON STOCK | 71385M107 |  | 664519 | 24138 | SH |  | DFND | 1 | 24138 | 0 | 0 |
| INVESCO SR INCOME TR | COM | 46131H107 |  | 1387579 | 424336 | SH |  | DFND | 1 | 424336 | 0 | 0 |
| TABOOLA.COM LTD | *W EXP 99/99/999 | M8744T114 |  | 3917 | 82467 | SH |  | DFND | 1 | 82467 | 0 | 0 |
| COINBASE GLOBAL INC | NOTE  0.500% 6/0 | 19260QAB3 |  | 102936216 | 103085000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 2274425 | 117178 | SH |  | DFND | 1 | 117178 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 4573425 | 48778 | SH |  | DFND | 1 | 48778 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 395009 | 4532 | SH |  | DFND | 1 | 4532 | 0 | 0 |
| ALLURION TECHNOLOGIES INC | *W EXP 08/01/203 | 02008G110 |  | 3236 | 211472 | SH |  | DFND | 1 | 211472 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 3059246 | 11789 | SH |  | DFND | 1 | 11789 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 984525 | 27310 | SH |  | DFND | 1 | 27310 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 2584829 | 16022 | SH |  | DFND | 1 | 16022 | 0 | 0 |
| DAVE INC | *W EXP 01/05/202 | 23834J110 |  | 183810 | 187561 | SH |  | DFND | 1 | 187561 | 0 | 0 |
| RIGETTI COMPUTING INC | COMMON STOCK | 76655K103 |  | 48597 | 2194 | SH |  | DFND | 1 | 2194 | 0 | 0 |
| ECD AUTOMOTIVE DESIGN INC | *W EXP 12/12/202 | 27877D112 |  | 4167 | 400652 | SH |  | DFND | 1 | 400652 | 0 | 0 |
| SYNTEC OPTICS HLDGS INC | *W EXP 99/99/999 | 87169M113 |  | 9723 | 40666 | SH |  | DFND | 1 | 40666 | 0 | 0 |
| NEW ERA ENERGY  DIGITAL INC | COM | 64428N109 |  | 40507 | 13825 | SH |  | DFND | 1 | 13825 | 0 | 0 |
| GDEV INC | *W EXP 99/99/999 | G6529J118 |  | 4631 | 258738 | SH |  | DFND | 1 | 258738 | 0 | 0 |
| COHEN  STEERS REIT  PFD | COM | 19247X100 |  | 2526708 | 127226 | SH |  | DFND | 1 | 127226 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 3015735 | 11384 | SH |  | DFND | 1 | 11384 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 130856 | 1630 | SH |  | DFND | 1 | 1630 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 3360528 | 26822 | SH |  | DFND | 1 | 26822 | 0 | 0 |
| STRATA CRITICAL MEDICAL INC | *W EXP 05/07/202 | 092667112 |  | 13547 | 125436 | SH |  | DFND | 1 | 125436 | 0 | 0 |
| CLASSOVER HLDGS INC | COM CL B | 182744102 |  | 87 | 490 | SH |  | DFND | 1 | 490 | 0 | 0 |
| CYCURION INC | *W EXP 02/13/203 | 95758L115 |  | 378 | 11110 | SH |  | DFND | 1 | 11110 | 0 | 0 |
| HIGHWOODS PPTYS INC | COM | 431284108 |  | 2791374 | 108109 | SH |  | DFND | 1 | 108109 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 18486 | 56 | SH |  | DFND | 1 | 56 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 2897467 | 19011 | SH |  | DFND | 1 | 19011 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 830688 | 4787 | SH |  | DFND | 1 | 4787 | 0 | 0 |
| WM TECHNOLOGY INC | *W EXP 06/16/202 | 92971A117 |  | 554 | 54843 | SH |  | DFND | 1 | 54843 | 0 | 0 |
| ACADIA HEALTHCARE COMPANY IN | COM | 00404A109 |  | 703611 | 49585 | SH |  | DFND | 1 | 49585 | 0 | 0 |
| OWENS  MINOR INC NEW | COM | 690732102 |  | 977931 | 349261 | SH |  | DFND | 1 | 349261 | 0 | 0 |
| REDFIN CORP | NOTE  0.500% 4/0 | 75737FAE8 |  | 38758991 | 41000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 8380 | 18 | SH |  | DFND | 1 | 18 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 29398048 | 135400 | SH |  | DFND | 1 | 135400 | 0 | 0 |
| INVENTRUST PPTYS CORP | COM NEW | 46124J201 |  | 1242425 | 44042 | SH |  | DFND | 1 | 44042 | 0 | 0 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 31484 | 100 | SH |  | DFND | 1 | 100 | 0 | 0 |
| TRONOX HOLDINGS PLC | SHS | G9087Q102 |  | 634541 | 152168 | SH |  | DFND | 1 | 152168 | 0 | 0 |
| COINBASE GLOBAL INC | NOTE  0.250% 4/0 | 19260QAF4 |  | 50545518 | 49350000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| STAAR SURGICAL CO | COM PAR $0.01 | 852312305 |  | 267590 | 11589 | SH |  | DFND | 1 | 11589 | 0 | 0 |
| URBAN EDGE PPTYS | COM | 91704F104 |  | 1793114 | 93440 | SH |  | DFND | 1 | 93440 | 0 | 0 |
| PARK HOTELS  RESORTS INC | COM | 700517105 |  | 553554 | 52921 | SH |  | DFND | 1 | 52921 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 2384933 | 134514 | SH |  | DFND | 1 | 134514 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 11/01/2027 | 65339F119 |  | 378398 | 7782 | SH |  | DFND | 1 | 7782 | 0 | 0 |
| SILVER PEGASUS ACQUISITION C | RIGHT 06/26/2030 | G8192J136 |  | 9289 | 38704 | SH |  | DFND | 1 | 38704 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 2064678 | 30265 | SH |  | DFND | 1 | 30265 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 2459461 | 38604 | SH |  | DFND | 1 | 38604 | 0 | 0 |
| DISTOKEN ACQUISITION CORP | *W EXP 11/30/202 | G9878M112 |  | 0 | 264006 | SH |  | DFND | 1 | 264006 | 0 | 0 |
| SKY HARBOUR GROUP CORPORATIO | *W EXP 01/25/202 | 83085C115 |  | 239158 | 370156 | SH |  | DFND | 1 | 370156 | 0 | 0 |
| OSR HLDGS INC | *W EXP 02/09/202 | 68840D110 |  | 5691 | 111585 | SH |  | DFND | 1 | 111585 | 0 | 0 |
| BRISTOW GROUP INC | COM | 11040G103 |  | 66795 | 1824 | SH |  | DFND | 1 | 1824 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 2613424 | 196794 | SH |  | DFND | 1 | 196794 | 0 | 0 |
| MILUNA ACQUISITION CORP | UNIT 09/29/2030 | G6180J126 |  | 2252525 | 225478 | SH |  | DFND | 1 | 225478 | 0 | 0 |
| ASPIRE BIOPHARMA HLDGS INC | *W EXP 02/14/203 | 738920115 |  | 3253 | 197144 | SH |  | DFND | 1 | 197144 | 0 | 0 |
| FREIGHTOS LTD | *W EXP 99/99/999 | G51405119 |  | 12824 | 85667 | SH |  | DFND | 1 | 85667 | 0 | 0 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 287920 | 1588 | SH |  | DFND | 1 | 1588 | 0 | 0 |
| JBG SMITH PPTYS | COM | 46590V100 |  | 341408 | 20071 | SH |  | DFND | 1 | 20071 | 0 | 0 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 615310 | 18500 | SH |  | DFND | 1 | 18500 | 0 | 0 |
| CHEMOURS CO | COM | 163851108 |  | 1057775 | 89718 | SH |  | DFND | 1 | 89718 | 0 | 0 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 1655175 | 331035 | SH |  | DFND | 1 | 331035 | 0 | 0 |
| SHF HOLDINGS INC | *W EXP 09/28/202 | 824430110 |  | 313 | 8250 | SH |  | DFND | 1 | 8250 | 0 | 0 |
| CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 |  | 3017021 | 1365168 | SH |  | DFND | 1 | 1365168 | 0 | 0 |
| TRIP COM GROUP LTD | NOTE  0.750% 6/1 | 89677QAB3 |  | 130730473 | 106116000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| HERC HLDGS INC | COM | 42704L104 |  | 1954165 | 13170 | SH |  | DFND | 1 | 13170 | 0 | 0 |
| PLAYSTUDIOS INC | *W EXP 99/99/999 | 72815G116 |  | 471 | 59571 | SH |  | DFND | 1 | 59571 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 1964011 | 31155 | SH |  | DFND | 1 | 31155 | 0 | 0 |
| ALDEL FINL II INC | CL A | G01558108 |  | 2165681 | 206452 | SH |  | DFND | 1 | 206452 | 0 | 0 |
| XPO INC | COM | 983793100 |  | 355269 | 2614 | SH |  | DFND | 1 | 2614 | 0 | 0 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 574890 | 82718 | SH |  | DFND | 1 | 82718 | 0 | 0 |
| NEWGENIVF GROUP LIMITED | *W EXP 04/03/202 | G0544E113 |  | 183 | 10761 | SH |  | DFND | 1 | 10761 | 0 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 1824515 | 119016 | SH |  | DFND | 1 | 119016 | 0 | 0 |
| BILL HOLDINGS INC | COM | 090043100 |  | 40414 | 741 | SH |  | DFND | 1 | 741 | 0 | 0 |
| HARVARD AVE ACQUISITION CORP | UNIT 10/03/2030 | G4330A129 |  | 3481050 | 345000 | SH |  | DFND | 1 | 345000 | 0 | 0 |
| GLOBA TERRA ACQUISITION COR | RIGHT 06/17/2030 | G3933N132 |  | 90666 | 696893 | SH |  | DFND | 1 | 696893 | 0 | 0 |
| TAVIA ACQUISITION CORP | RIGHT 11/26/2029 | G86880146 |  | 57989 | 252234 | SH |  | DFND | 1 | 252234 | 0 | 0 |
| GLOBA TERRA ACQUISITION COR | *W EXP 06/17/203 | G3933N124 |  | 70733 | 562716 | SH |  | DFND | 1 | 562716 | 0 | 0 |
| GLOBA TERRA ACQUISITION COR | CL A ORD SHS | G3933N116 |  | 11739634 | 1162340 | SH |  | DFND | 1 | 1162340 | 0 | 0 |
| ARCHER AVIATION INC | *W EXP 09/16/202 | 03945R110 |  | 38512 | 33635 | SH |  | DFND | 1 | 33635 | 0 | 0 |
| CAYSON ACQUISITION CORP | SHS | G1993W109 |  | 6017824 | 565585 | SH |  | DFND | 1 | 565585 | 0 | 0 |
| LAUNCH ONE ACQUISITION CORP | *W EXP 06/01/203 | G5S86M126 |  | 8832 | 35327 | SH |  | DFND | 1 | 35327 | 0 | 0 |
| EUREKA ACQUISITION CORP | SHS CL A | G32168109 |  | 4351205 | 395924 | SH |  | DFND | 1 | 395924 | 0 | 0 |
| ELME COMMUNITIES | SH BEN INT | 939653101 |  | 5982677 | 343832 | SH |  | DFND | 1 | 343832 | 0 | 0 |
| BLACKROCK HEALTH SCIENCES TE | COM SHS | 09260E105 |  | 6042741 | 401511 | SH |  | DFND | 1 | 401511 | 0 | 0 |
| GRAB HOLDINGS LIMITED | *W EXP 99/99/999 | G4124C117 |  | 14953 | 50859 | SH |  | DFND | 1 | 50859 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 85124 | 802 | SH |  | DFND | 1 | 802 | 0 | 0 |
| PIMCO CALIF MUN INCOME FD | COM | 72200N106 |  | 774700 | 88740 | SH |  | DFND | 1 | 88740 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 431275 | 10162 | SH |  | DFND | 1 | 10162 | 0 | 0 |
| DT CLOUD STAR ACQUISITION CO | SHS | G2853N106 |  | 1510636 | 140506 | SH |  | DFND | 1 | 140506 | 0 | 0 |
| LXP INDUSTRIAL TRUST | COM | 529043408 |  | 3085562 | 62234 | SH |  | DFND | 1 | 62234 | 0 | 0 |
| ZIFF DAVIS INC | COM | 48123V102 |  | 765954 | 21791 | SH |  | DFND | 1 | 21791 | 0 | 0 |
| ORCHID IS CAP INC | COM NEW | 68571X301 |  | 7285702 | 1011903 | SH |  | DFND | 1 | 1011903 | 0 | 0 |
| OIL STS INTL INC | NOTE  4.750% 4/0 | 678026AK1 |  | 2699860 | 2687000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 471109 | 10537 | SH |  | DFND | 1 | 10537 | 0 | 0 |
| LANTHEUS HLDGS INC | NOTE  2.625%12/1 | 516544AB9 |  | 61145258 | 53393000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ALPHA MODUS HLDGS INC | *W EXP 12/13/202 | 020952115 |  | 8845 | 161113 | SH |  | DFND | 1 | 161113 | 0 | 0 |
| PENN ENTERTAINMENT INC | COM | 707569109 |  | 981258 | 66526 | SH |  | DFND | 1 | 66526 | 0 | 0 |
| LIFEZONE METALS LIMITED | *W EXP 07/05/202 | G5568L117 |  | 196118 | 477406 | SH |  | DFND | 1 | 477406 | 0 | 0 |
| ESGL HLDGS LTD | *W EXP 10/19/202 | G3R95P116 |  | 204 | 2038 | SH |  | DFND | 1 | 2038 | 0 | 0 |
| ENVVENO MEDICAL CORPORATION | COM | 29415J106 |  | 567 | 1768 | SH |  | DFND | 1 | 1768 | 0 | 0 |
| REXFORD INDL RLTY INC | COM | 76169C100 |  | 2802747 | 72385 | SH |  | DFND | 1 | 72385 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2475244 | 60772 | SH |  | DFND | 1 | 60772 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 2542849 | 52322 | SH |  | DFND | 1 | 52322 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 3580 | 50 | SH |  | DFND | 1 | 50 | 0 | 0 |
| CROSS CTRY HEALTHCARE INC | COM | 227483104 |  | 369133 | 45572 | SH |  | DFND | 1 | 45572 | 0 | 0 |
| BITFUFU INC | *W EXP 03/01/202 | G1152A120 |  | 4979 | 24893 | SH |  | DFND | 1 | 24893 | 0 | 0 |
| CENTRUS ENERGY CORP | CL A | 15643U104 |  | 4134931 | 17033 | SH |  | DFND | 1 | 17033 | 0 | 0 |
| AMN HEALTHCARE SVCS INC | COM | 001744101 |  | 873719 | 55439 | SH |  | DFND | 1 | 55439 | 0 | 0 |
| REAL ASSET ACQUISITION CORP | SHS CL A | G73944103 |  | 331823 | 32468 | SH |  | DFND | 1 | 32468 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 1706380 | 6500 | SH |  | DFND | 1 | 6500 | 0 | 0 |
| ANYWHERE REAL ESTATE INC | COM | 75605Y106 |  | 5950528 | 420235 | SH |  | DFND | 1 | 420235 | 0 | 0 |
| OLIN CORP | COM PAR $1 | 680665205 |  | 1391319 | 66794 | SH |  | DFND | 1 | 66794 | 0 | 0 |
| SERVICE PPTYS TR | COM SH BEN INT | 81761L102 |  | 1402157 | 762042 | SH |  | DFND | 1 | 762042 | 0 | 0 |
| WORLD KINECT CORPORATION | NOTE  3.250% 7/0 | 98149GAB6 |  | 34155186 | 32367000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 7344994 | 17226 | SH |  | DFND | 1 | 17226 | 0 | 0 |
| VERDE CLEAN FUELS INC | *W EXP 02/15/202 | 923372114 |  | 9918 | 120516 | SH |  | DFND | 1 | 120516 | 0 | 0 |
| FRONTIER COMMUNICATIONS PARE | COM | 35909D109 |  | 4486055 | 117837 | SH |  | DFND | 1 | 117837 | 0 | 0 |
| UPBOUND GROUP INC | COM | 76009N100 |  | 151929 | 8652 | SH |  | DFND | 1 | 8652 | 0 | 0 |
| BOREALIS FOODS INC | *W EXP 02/07/202 | 09973D113 |  | 11806 | 235639 | SH |  | DFND | 1 | 235639 | 0 | 0 |
| VOYAGER ACQUISITION CORP | CL A | G93A7H104 |  | 26539192 | 2487272 | SH |  | DFND | 1 | 2487272 | 0 | 0 |
| NEWBURY STR II ACQUISITION C | *W EXP 06/01/203 | G6439S117 |  | 9081 | 36179 | SH |  | DFND | 1 | 36179 | 0 | 0 |
| RB GLOBAL INC | COM | 74935Q107 |  | 104002 | 1011 | SH |  | DFND | 1 | 1011 | 0 | 0 |
| MONEYHERO LIMITED | *W EXP 09/13/202 | G6202B119 |  | 2174 | 50803 | SH |  | DFND | 1 | 50803 | 0 | 0 |
| QUANTUM SI INC | COM CL A | 74765K105 |  | 6787 | 6170 | SH |  | DFND | 1 | 6170 | 0 | 0 |
| SOUTHLAND HLDGS INC | COM | 84445C100 |  | 1730 | 521 | SH |  | DFND | 1 | 521 | 0 | 0 |
| ROYCE GLOBAL TRUST INC | COM | 78081T104 |  | 103267 | 7877 | SH |  | DFND | 1 | 7877 | 0 | 0 |
| QORVO INC | COM | 74736K101 |  | 1132434 | 13400 | SH |  | DFND | 1 | 13400 | 0 | 0 |
| AMERICAN AXLE  MFG HLDGS IN | COM | 024061103 |  | 695556 | 108511 | SH |  | DFND | 1 | 108511 | 0 | 0 |
| KITE RLTY GROUP TR | COM NEW | 49803T300 |  | 2013408 | 83997 | SH |  | DFND | 1 | 83997 | 0 | 0 |
| STAG INDL INC | COM | 85254J102 |  | 3962030 | 107781 | SH |  | DFND | 1 | 107781 | 0 | 0 |
| VISIONWAVE HOLDINGS INC | *W EXP 07/14/203 | 927950113 |  | 224739 | 192085 | SH |  | DFND | 1 | 192085 | 0 | 0 |
| NEWAMSTERDAM PHARMA COMPANY | ORDINARY SHARES | N62509109 |  | 70581 | 2012 | SH |  | DFND | 1 | 2012 | 0 | 0 |
| FIRSTCASH HOLDINGS INC | COM | 33768G107 |  | 461086 | 2893 | SH |  | DFND | 1 | 2893 | 0 | 0 |
| FLAG SHIP ACQUISITION CORP | ORD SHS | G3530C109 |  | 1565587 | 145636 | SH |  | DFND | 1 | 145636 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 2416326 | 37921 | SH |  | DFND | 1 | 37921 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 103365 | 1973 | SH |  | DFND | 1 | 1973 | 0 | 0 |
| EATON VANCE TAX-MANAGED BUY- | COM | 27828Y108 |  | 4789907 | 333559 | SH |  | DFND | 1 | 333559 | 0 | 0 |
| ADVANCED ENERGY INDS | COM | 007973100 |  | 1107358 | 5289 | SH |  | DFND | 1 | 5289 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 586904 | 3659 | SH |  | DFND | 1 | 3659 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 534882 | 17895 | SH |  | DFND | 1 | 17895 | 0 | 0 |
| RESOLUTE HLDGS MGMT INC | COM | 76134H101 |  | 126954 | 615 | SH |  | DFND | 1 | 615 | 0 | 0 |
| MKDWELL TECH INC | *W EXP 07/31/202 | G6209W116 |  | 2733 | 181012 | SH |  | DFND | 1 | 181012 | 0 | 0 |
| FORWARD AIR CORP | COM | 34986A104 |  | 164125 | 6565 | SH |  | DFND | 1 | 6565 | 0 | 0 |
| QUETTA ACQUISITION CORP | COM | 74841A105 |  | 1631574 | 143751 | SH |  | DFND | 1 | 143751 | 0 | 0 |
| TRINET GROUP INC | COM | 896288107 |  | 334617 | 5659 | SH |  | DFND | 1 | 5659 | 0 | 0 |
| TRANSLATIONAL DEV ACQUISITIO | COM CL A | G9008W105 |  | 14341036 | 1367115 | SH |  | DFND | 1 | 1367115 | 0 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 2188436 | 120708 | SH |  | DFND | 1 | 120708 | 0 | 0 |
| INVESCO MORTGAGE CAPITAL INC | COM | 46131B704 |  | 6572810 | 781547 | SH |  | DFND | 1 | 781547 | 0 | 0 |
| VINFAST AUTO LTD | *W EXP 08/11/202 | Y9390M111 |  | 35741 | 238271 | SH |  | DFND | 1 | 238271 | 0 | 0 |
| TAVIA ACQUISITION CORP | SHS | G86880104 |  | 5372055 | 515058 | SH |  | DFND | 1 | 515058 | 0 | 0 |
| CARTESIAN GROWTH CORP III | COM CL A | G19307100 |  | 466487 | 45312 | SH |  | DFND | 1 | 45312 | 0 | 0 |
| AEVA TECHNOLOGIES INC | *W EXP 03/12/202 | 00835Q111 |  | 1159 | 11594 | SH |  | DFND | 1 | 11594 | 0 | 0 |
| COMPOSECURE INC | COM CL A | 20459V105 |  | 37615 | 1951 | SH |  | DFND | 1 | 1951 | 0 | 0 |
| DRAFTKINGS INC NEW | NOTE         3/1 | 26142RAB0 |  | 88168559 | 96346000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| FORAFRIC GLOBAL PLC | *W EXP 06/09/202 | X3R81D110 |  | 89100 | 63643 | SH |  | DFND | 1 | 63643 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 3135 | 13 | SH |  | DFND | 1 | 13 | 0 | 0 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 2006214 | 83942 | SH |  | DFND | 1 | 83942 | 0 | 0 |
| DIVERSIFIED HEALTHCARE TR | COM SH BEN INT | 25525P107 |  | 1609793 | 331916 | SH |  | DFND | 1 | 331916 | 0 | 0 |
| OPTIMUM COMMUNICATIONS INC | CL A | 02156K103 |  | 784478 | 475441 | SH |  | DFND | 1 | 475441 | 0 | 0 |
| LIONHEART HOLDINGS | SHS CL A | G5501C109 |  | 13890628 | 1306726 | SH |  | DFND | 1 | 1306726 | 0 | 0 |
| EATON VANCE ENHANCED EQUITY | COM | 278277108 |  | 3810656 | 162779 | SH |  | DFND | 1 | 162779 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 3666744 | 12700 | SH |  | DFND | 1 | 12700 | 0 | 0 |
| RESERVOIR MEDIA INC | *W EXP 08/26/202 | 76119X113 |  | 17469 | 62389 | SH |  | DFND | 1 | 62389 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 1828440 | 36000 | SH |  | DFND | 1 | 36000 | 0 | 0 |
| GRIFOLS S A | SP ADR REP B NVT | 398438408 |  | 1539852 | 164690 | SH |  | DFND | 1 | 164690 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 2527984 | 30020 | SH |  | DFND | 1 | 30020 | 0 | 0 |
| SILVERBOX CORP IV | SHS CL A | G81354105 |  | 10284913 | 972109 | SH |  | DFND | 1 | 972109 | 0 | 0 |
| VIRTUS CONVERTIBLE  INCOME | COM NEW | 92838X805 |  | 2173055 | 143436 | SH |  | DFND | 1 | 143436 | 0 | 0 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 52058 | 1042 | SH |  | DFND | 1 | 1042 | 0 | 0 |
| STELLAR V CAP CORP | SHS CL A | G8475V103 |  | 1075431 | 103756 | SH |  | DFND | 1 | 103756 | 0 | 0 |
| INFLECTION POINT ACQU CORP V | ORD SHS CL A | G6001J107 |  | 3519903 | 342403 | SH |  | DFND | 1 | 342403 | 0 | 0 |
| CANTOR EQUITY PARTNERS I INC | SHS CL A | G1827K107 |  | 220942 | 21224 | SH |  | DFND | 1 | 21224 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 35316 | 400 | SH |  | DFND | 1 | 400 | 0 | 0 |
| MOBIX LABS INC | COM CL A | 60743G100 |  | 225 | 842 | SH |  | DFND | 1 | 842 | 0 | 0 |
| ALVOTECH | *W EXP 99/99/999 | L01800116 |  | 12164 | 18716 | SH |  | DFND | 1 | 18716 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1192082 | 10478 | SH |  | DFND | 1 | 10478 | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORP | COM | 83001C108 |  | 514626 | 33548 | SH |  | DFND | 1 | 33548 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 2835541 | 30291 | SH |  | DFND | 1 | 30291 | 0 | 0 |
| LANVIN GROUP HOLDINGS LIMITE | *W EXP 01/14/202 | G5380J118 |  | 1620 | 122728 | SH |  | DFND | 1 | 122728 | 0 | 0 |
| MOUNTAIN LAKE ACQUISITION CO | SHS CL A | G6301B101 |  | 10019027 | 963368 | SH |  | DFND | 1 | 963368 | 0 | 0 |
| APOLLO COML REAL EST FIN INC | COM | 03762U105 |  | 1729177 | 178634 | SH |  | DFND | 1 | 178634 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 1407630 | 21000 | SH |  | DFND | 1 | 21000 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 270766 | 1988 | SH |  | DFND | 1 | 1988 | 0 | 0 |
| LIVEWIRE GROUP INC | *W EXP 09/26/202 | 53838J113 |  | 34190 | 546169 | SH |  | DFND | 1 | 546169 | 0 | 0 |
| MFA FINL INC | COM | 55272X607 |  | 15390007 | 1653062 | SH |  | DFND | 1 | 1653062 | 0 | 0 |
| AURORA INNOVATION INC | *W EXP 11/03/202 | 051774115 |  | 49563 | 220180 | SH |  | DFND | 1 | 220180 | 0 | 0 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 11017 | 511 | SH |  | DFND | 1 | 511 | 0 | 0 |
| DYNAVAX TECHNOLOGIES CORP | DEBT  2.000% 3/1 | 268158AE2 |  | 31632256 | 30275000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| AMERICAN ASSETS TR INC | COM | 024013104 |  | 999731 | 52812 | SH |  | DFND | 1 | 52812 | 0 | 0 |
| HERTZ GLOBAL HLDGS INC | *W EXP 06/30/205 | 42806J148 |  | 20805 | 7763 | SH |  | DFND | 1 | 7763 | 0 | 0 |
| APOLLOMICS INC | *W EXP 04/01/202 | G0411D115 |  | 1858 | 167364 | SH |  | DFND | 1 | 167364 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 403251 | 2067 | SH |  | DFND | 1 | 2067 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 178509 | 4892 | SH |  | DFND | 1 | 4892 | 0 | 0 |
| LANZATECH GLOBAL INC | *W EXP 01/01/202 | 51655R119 |  | 489 | 41069 | SH |  | DFND | 1 | 41069 | 0 | 0 |
| RANGE CAP ACQUISITION CORP | ORD SHS | G7375C108 |  | 5953914 | 564352 | SH |  | DFND | 1 | 564352 | 0 | 0 |
| FACT II ACQUISITION CORP | ORD SHS CL A | G32901103 |  | 8312052 | 798468 | SH |  | DFND | 1 | 798468 | 0 | 0 |
| ALPHATIME ACQUISITION CORP | *W EXP 03/01/202 | G0223V121 |  | 19794 | 282367 | SH |  | DFND | 1 | 282367 | 0 | 0 |
| EQV VENTURES AC CORP. II | *W EXP 06/30/203 | G3106Q128 |  | 46912 | 134033 | SH |  | DFND | 1 | 134033 | 0 | 0 |
| ALPHATIME ACQUISITION CORP | RIGHT 03/01/2028 | G0223V139 |  | 1185 | 6160 | SH |  | DFND | 1 | 6160 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 121016 | 805 | SH |  | DFND | 1 | 805 | 0 | 0 |
| ADAPTHEALTH CORP | COMMON STOCK | 00653Q102 |  | 687041 | 68980 | SH |  | DFND | 1 | 68980 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 4021153 | 11686 | SH |  | DFND | 1 | 11686 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 1620150 | 5000 | SH |  | DFND | 1 | 5000 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 72530 | 742 | SH |  | DFND | 1 | 742 | 0 | 0 |
| RIBBON ACQUISITION CORP | ORD SHS CL A | G7552W109 |  | 4555315 | 438855 | SH |  | DFND | 1 | 438855 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1436658 | 1666 | SH |  | DFND | 1 | 1666 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 5146262 | 35910 | SH |  | DFND | 1 | 35910 | 0 | 0 |
| BIG TREE CLOUD HLDGS LTD | *W EXP 06/07/202 | G1263B116 |  | 5661 | 264513 | SH |  | DFND | 1 | 264513 | 0 | 0 |
| CHARLTON ARIA ACQUISITION CO | ORD SHS CL A | G9877L107 |  | 7801574 | 744425 | SH |  | DFND | 1 | 744425 | 0 | 0 |
| MULTISENSOR AI HOLDINGS INC | *W EXP 12/19/202 | 456948116 |  | 4504 | 158593 | SH |  | DFND | 1 | 158593 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 606332 | 2203 | SH |  | DFND | 1 | 2203 | 0 | 0 |
| CLARIVATE PLC | ORD SHS | G21810109 |  | 490803 | 146947 | SH |  | DFND | 1 | 146947 | 0 | 0 |
| SOLID POWER INC | *W EXP 12/08/202 | 83422N113 |  | 81978 | 115821 | SH |  | DFND | 1 | 115821 | 0 | 0 |
| STRATEGY INC | NOTE  0.625% 9/1 | 594972AQ4 |  | 146296463 | 124835000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SWVL HOLDINGS CORP | *W EXP 99/99/999 | G86302117 |  | 442 | 44651 | SH |  | DFND | 1 | 44651 | 0 | 0 |
| PURECYCLE TECHNOLOGIES INC | *W EXP 03/17/202 | 74623V111 |  | 86170 | 111895 | SH |  | DFND | 1 | 111895 | 0 | 0 |
| BRANDYWINE RLTY TR | SH BEN INT NEW | 105368203 |  | 5588314 | 1913806 | SH |  | DFND | 1 | 1913806 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 868069 | 5039 | SH |  | DFND | 1 | 5039 | 0 | 0 |
| TETRA TECH INC NEW | DBCV  2.250% 8/1 | 88162GAB9 |  | 22739839 | 20930000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 682856 | 33688 | SH |  | DFND | 1 | 33688 | 0 | 0 |
| BAIRD MED INVT HLDGS LTD | *W EXP 10/01/202 | G0705H111 |  | 9274 | 154566 | SH |  | DFND | 1 | 154566 | 0 | 0 |
| KATAPULT HOLDINGS INC | *W EXP 06/09/202 | 485859110 |  | 232 | 64532 | SH |  | DFND | 1 | 64532 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 47932 | 327 | SH |  | DFND | 1 | 327 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 1519272 | 3600 | SH |  | DFND | 1 | 3600 | 0 | 0 |
| WESTERN ASSET INTER MUNI FD | COM | 958435109 |  | 195686 | 25480 | SH |  | DFND | 1 | 25480 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 2446325 | 24500 | SH |  | DFND | 1 | 24500 | 0 | 0 |
| ARDAGH METAL PACKAGING S A | SHS | L02235106 |  | 1049186 | 255899 | SH |  | DFND | 1 | 255899 | 0 | 0 |
| VIRTUS EQUITY  CONV INCM FD | COM | 92841M101 |  | 2834700 | 113752 | SH |  | DFND | 1 | 113752 | 0 | 0 |
| BITCOIN DEPOT INC | *W EXP 06/30/202 | 09174P113 |  | 16374 | 145803 | SH |  | DFND | 1 | 145803 | 0 | 0 |
| FLAG SHIP ACQUISITION CORP | RIGHT 03/31/2026 | G3530C117 |  | 12536 | 57192 | SH |  | DFND | 1 | 57192 | 0 | 0 |
| HYLIION HOLDINGS CORP | COMMON STOCK | 449109107 |  | 116 | 63 | SH |  | DFND | 1 | 63 | 0 | 0 |
| PAR TECHNOLOGY CORP | NOTE  1.500%10/1 | 698884AE3 |  | 12473728 | 12743000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SUNCAR TECHNOLOGY GROUP INC | *W EXP 05/17/202 | G85727116 |  | 11112 | 264564 | SH |  | DFND | 1 | 264564 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 2462266 | 28237 | SH |  | DFND | 1 | 28237 | 0 | 0 |
| NNN REIT INC | COM | 637417106 |  | 71334 | 1800 | SH |  | DFND | 1 | 1800 | 0 | 0 |
| SURGERY PARTNERS INC | COM | 86881A100 |  | 1182373 | 76529 | SH |  | DFND | 1 | 76529 | 0 | 0 |
| WHEELER REAL ESTATE INVT TR | CV PFD SER B | 963025309 |  | 132791 | 25586 | SH |  | DFND | 1 | 25586 | 0 | 0 |
| VERTEX INC | NOTE  0.750% 5/0 | 92538JAB2 |  | 55356901 | 58351000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| K WAVE MEDIA LTD | *W EXP 05/14/203 | G53151125 |  | 9616 | 319476 | SH |  | DFND | 1 | 319476 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 394256 | 4100 | SH |  | DFND | 1 | 4100 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 3585 | 44 | SH |  | DFND | 1 | 44 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 34217 | 306 | SH |  | DFND | 1 | 306 | 0 | 0 |
| VALARIS LTD | *W EXP 04/29/202 | G9460G119 |  | 85140 | 48375 | SH |  | DFND | 1 | 48375 | 0 | 0 |
| US FOODS HLDG CORP | COM | 912008109 |  | 198845 | 2640 | SH |  | DFND | 1 | 2640 | 0 | 0 |
| EMPIRE ST RLTY TR INC | CL A | 292104106 |  | 9102572 | 1396100 | SH |  | DFND | 1 | 1396100 | 0 | 0 |
| BRIDGEBIO PHARMA INC | NOTE  2.500% 3/1 | 10806XAB8 |  | 86201180 | 45665000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PALLADYNE AI CORP | COM NEW | 80359A205 |  | 2219 | 521 | SH |  | DFND | 1 | 521 | 0 | 0 |
| ABLE VIEW GLOBAL INC | *W EXP 08/18/202 | G1149B116 |  | 7944 | 275845 | SH |  | DFND | 1 | 275845 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 321929 | 5711 | SH |  | DFND | 1 | 5711 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 183265 | 25560 | SH |  | DFND | 1 | 25560 | 0 | 0 |
| AERIES TECHNOLOGY INC | *W EXP 11/06/202 | G0136H110 |  | 527 | 14057 | SH |  | DFND | 1 | 14057 | 0 | 0 |
| ENVOY MEDICAL INC | *W EXP 09/29/202 | 29415V117 |  | 2126 | 54646 | SH |  | DFND | 1 | 54646 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 8102062 | 36935 | SH |  | DFND | 1 | 36935 | 0 | 0 |
| ALGOMA STL GROUP INC | *W EXP 10/19/202 | 015658115 |  | 1687 | 22497 | SH |  | DFND | 1 | 22497 | 0 | 0 |
| LAUNCH ONE ACQUISITION CORP | SHS CLASS A | G5S86M100 |  | 10764703 | 1016497 | SH |  | DFND | 1 | 1016497 | 0 | 0 |
| SEASTAR MEDICAL HOLDING CORP | *W EXP 10/28/202 | 81256L112 |  | 139 | 12281 | SH |  | DFND | 1 | 12281 | 0 | 0 |
| GRAY MEDIA INC | COM | 389375106 |  | 1602393 | 331073 | SH |  | DFND | 1 | 331073 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 989490 | 3688 | SH |  | DFND | 1 | 3688 | 0 | 0 |
| GIGCAPITAL7 CORP | ORD SHS CL A | G38648104 |  | 276549 | 26238 | SH |  | DFND | 1 | 26238 | 0 | 0 |
| CAPITAL SOUTHWEST CORP | NOTE  5.125%11/1 | 140501AE7 |  | 14758056 | 14834000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ATKORE INC | COM | 047649108 |  | 562925 | 8900 | SH |  | DFND | 1 | 8900 | 0 | 0 |
| COMPASS DIVERSIFIED | SH BEN INT | 20451Q104 |  | 1354920 | 282275 | SH |  | DFND | 1 | 282275 | 0 | 0 |
| FG MERGER II CORP | COM | 30334J102 |  | 537220 | 53508 | SH |  | DFND | 1 | 53508 | 0 | 0 |
| EQV VENTURES AC CORP. II | ORD SHS CL A | G3106Q102 |  | 17809830 | 1775656 | SH |  | DFND | 1 | 1775656 | 0 | 0 |
| HORIZON SPACE ACQUISITION II | ORD SHS | G4627B103 |  | 6757732 | 641151 | SH |  | DFND | 1 | 641151 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 1052433 | 47152 | SH |  | DFND | 1 | 47152 | 0 | 0 |
| LAVORO LTD | *W EXP 02/27/202 | G5391L110 |  | 1557 | 142884 | SH |  | DFND | 1 | 142884 | 0 | 0 |
| AIRSHIP AI HLDGS INC | *W EXP 12/21/202 | 008940116 |  | 161929 | 202411 | SH |  | DFND | 1 | 202411 | 0 | 0 |
| REVOLUTION MEDICINES INC | *W EXP 12/17/202 | 76155X118 |  | 145561 | 154869 | SH |  | DFND | 1 | 154869 | 0 | 0 |
| A SPAC III ACQUISITION CORP | RIGHT 01/02/2026 | G0544A145 |  | 36300 | 191054 | SH |  | DFND | 1 | 191054 | 0 | 0 |
| EATON VANCE SR INCOME TR | SH BEN INT | 27826S103 |  | 2183667 | 414358 | SH |  | DFND | 1 | 414358 | 0 | 0 |
| UY SCUTI ACQUISITION CORP. | ORD SHS | G93Y0A104 |  | 5155176 | 502944 | SH |  | DFND | 1 | 502944 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 741290 | 11000 | SH |  | DFND | 1 | 11000 | 0 | 0 |
| KODIAK AI INC. | *W EXP 09/25/203 | 500081112 |  | 695973 | 454884 | SH |  | DFND | 1 | 454884 | 0 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 2546644 | 97126 | SH |  | DFND | 1 | 97126 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 185497 | 1199 | SH |  | DFND | 1 | 1199 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 253927 | 1828 | SH |  | DFND | 1 | 1828 | 0 | 0 |
| K GROWTH ACQUISITION CORP | SHS CL A | G52258111 |  | 12396988 | 1198935 | SH |  | DFND | 1 | 1198935 | 0 | 0 |
| AGRICULTURE  NAT SOL ACQ CO | SHS CL A | G0131Y100 |  | 22242005 | 1987668 | SH |  | DFND | 1 | 1987668 | 0 | 0 |
| SIZZLE ACQUISITION CORP. II | USD CL A ORD SHS | G8193F109 |  | 10175210 | 1001497 | SH |  | DFND | 1 | 1001497 | 0 | 0 |
| COLUMBUS ACQUISITION CORP | SHS | G2295P107 |  | 1516596 | 145995 | SH |  | DFND | 1 | 145995 | 0 | 0 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 499875 | 25000 | SH |  | DFND | 1 | 25000 | 0 | 0 |
| CAPTIVISION INC | *W EXP 11/15/202 | G18932114 |  | 3153 | 244441 | SH |  | DFND | 1 | 244441 | 0 | 0 |
| OYSTER ENTERPRISES II ACQUIS | ORD SHS CL A | G6861F104 |  | 2376558 | 235070 | SH |  | DFND | 1 | 235070 | 0 | 0 |
| NET POWER INC | *W EXP 06/08/202 | 64107A113 |  | 62528 | 125055 | SH |  | DFND | 1 | 125055 | 0 | 0 |
| CLEANSPARK INC | NOTE         6/1 | 18452BAC4 |  | 45924112 | 44683000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CEA INDUSTRIES INC | COM | 86887P309 |  | 7563 | 1178 | SH |  | DFND | 1 | 1178 | 0 | 0 |
| PSYENCE BIOMEDICAL LTD | *W EXP 01/25/202 | 74449F118 |  | 2721 | 147101 | SH |  | DFND | 1 | 147101 | 0 | 0 |
| CARDIO DIAGNOSTICS HOLDGS IN | COM NEW | 14159C202 |  | 282 | 104 | SH |  | DFND | 1 | 104 | 0 | 0 |
| GCL GLOBAL HLDGS LTD | *W EXP 02/13/203 | G3777K111 |  | 345 | 11508 | SH |  | DFND | 1 | 11508 | 0 | 0 |
| SOUNDHOUND AI INC | *W EXP 04/26/202 | 836100115 |  | 59621 | 17133 | SH |  | DFND | 1 | 17133 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 107898 | 700 | SH |  | DFND | 1 | 700 | 0 | 0 |
| LXP INDUSTRIAL TRUST | PFD CONV SER C | 529043309 |  | 442693 | 9399 | SH |  | DFND | 1 | 9399 | 0 | 0 |
| TALKSPACE INC | *W EXP 06/21/202 | 87427V111 |  | 583 | 38837 | SH |  | DFND | 1 | 38837 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 721805 | 3500 | SH |  | DFND | 1 | 3500 | 0 | 0 |
| ANGEL OAK MORTGAGE REIT INC | COM | 03464Y108 |  | 2489065 | 289090 | SH |  | DFND | 1 | 289090 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 1342543 | 19345 | SH |  | DFND | 1 | 19345 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 227559 | 9161 | SH |  | DFND | 1 | 9161 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 11490 | 115 | SH |  | DFND | 1 | 115 | 0 | 0 |
| SATELLOGIC INC | *W EXP 01/25/202 | 80401C118 |  | 14044 | 55074 | SH |  | DFND | 1 | 55074 | 0 | 0 |
| NUVEEN MULTI ASSET INCOME FU | COM | 670750108 |  | 2381234 | 182610 | SH |  | DFND | 1 | 182610 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 414720 | 4744 | SH |  | DFND | 1 | 4744 | 0 | 0 |
| PRA GROUP INC | COM | 69354N106 |  | 1496362 | 84588 | SH |  | DFND | 1 | 84588 | 0 | 0 |
| MARA HOLDINGS INC | NOTE  2.125% 9/0 | 565788AD8 |  | 26353011 | 32820000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| UNITI GROUP LLC | COM SHS | 912932100 |  | 834484 | 119042 | SH |  | DFND | 1 | 119042 | 0 | 0 |
| PANTAGES CAPITAL ACQUISITION | RIGHT 11/15/2029 | G8089R118 |  | 83758 | 418371 | SH |  | DFND | 1 | 418371 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 260494 | 340 | SH |  | DFND | 1 | 340 | 0 | 0 |
| GAP INC | COM | 364760108 |  | 2351232 | 91845 | SH |  | DFND | 1 | 91845 | 0 | 0 |
| LIONHEART HOLDINGS | *W EXP 06/07/203 | G5501C117 |  | 3861 | 22710 | SH |  | DFND | 1 | 22710 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 545487 | 4279 | SH |  | DFND | 1 | 4279 | 0 | 0 |
| VOYAGER ACQUISITION CORP | *W EXP 05/16/203 | G93A7H112 |  | 65246 | 318271 | SH |  | DFND | 1 | 318271 | 0 | 0 |
| SIM ACQUISITION CORP. I | SHS CL A | G8431T101 |  | 7756741 | 732459 | SH |  | DFND | 1 | 732459 | 0 | 0 |
| SIM ACQUISITION CORP. I | *W EXP 06/01/203 | G8431T119 |  | 5647 | 26217 | SH |  | DFND | 1 | 26217 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 5079032 | 24628 | SH |  | DFND | 1 | 24628 | 0 | 0 |
| NEOGEN CORP | COM | 640491106 |  | 1036596 | 148297 | SH |  | DFND | 1 | 148297 | 0 | 0 |
| MATIV HOLDINGS INC | COM | 808541106 |  | 1901937 | 156538 | SH |  | DFND | 1 | 156538 | 0 | 0 |
| FIRST TR ENHANCED EQUITY INC | COM | 337318109 |  | 1376624 | 62517 | SH |  | DFND | 1 | 62517 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 600470 | 55089 | SH |  | DFND | 1 | 55089 | 0 | 0 |
| UDR INC | COM | 902653104 |  | 2810825 | 76631 | SH |  | DFND | 1 | 76631 | 0 | 0 |
| TOWER SEMICONDUCTOR LTD | SHS NEW | M87915274 |  | 511599 | 4357 | SH |  | DFND | 1 | 4357 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 1976864 | 23832 | SH |  | DFND | 1 | 23832 | 0 | 0 |
| IHEARTMEDIA INC | COM CL A | 45174J509 |  | 1876493 | 451080 | SH |  | DFND | 1 | 451080 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 619148 | 13492 | SH |  | DFND | 1 | 13492 | 0 | 0 |
| CO2 ENERGY TRANSITION CORP | *W EXP 08/17/202 | 12664M111 |  | 118 | 700 | SH |  | DFND | 1 | 700 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 629739 | 7707 | SH |  | DFND | 1 | 7707 | 0 | 0 |
| SALLY BEAUTY HLDGS INC | COM | 79546E104 |  | 1875047 | 131490 | SH |  | DFND | 1 | 131490 | 0 | 0 |
| KBR INC | COM | 48242W106 |  | 321278 | 7992 | SH |  | DFND | 1 | 7992 | 0 | 0 |
| WEIBO CORP | NOTE  1.375%12/0 | 948596AJ0 |  | 11630305 | 10011000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CHECHE GROUP INC | *W EXP 10/01/203 | G20707116 |  | 1882 | 92252 | SH |  | DFND | 1 | 92252 | 0 | 0 |
| NUVEEN CORE EQUITY ALPHA FD | COM | 67090X107 |  | 1434887 | 90018 | SH |  | DFND | 1 | 90018 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 182116 | 634 | SH |  | DFND | 1 | 634 | 0 | 0 |
| NORTHERN OIL  GAS INC | NOTE  3.625% 4/1 | 665531AJ8 |  | 21968578 | 22877000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 1497316 | 8067 | SH |  | DFND | 1 | 8067 | 0 | 0 |
| MURANO GLOBAL INVTS PLC | *W EXP 03/19/202 | G63369113 |  | 2672 | 101582 | SH |  | DFND | 1 | 101582 | 0 | 0 |
| EVOLV TECHNOLOGIES HLDNGS IN | *W EXP 07/16/202 | 30049H110 |  | 84871 | 314805 | SH |  | DFND | 1 | 314805 | 0 | 0 |
| PG CORP | NOTE  4.250%12/0 | 69331CAL2 |  | 110384164 | 107214000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SOULPOWER ACQUISITION CORP | USD CL A ORD SHS | G82745103 |  | 13047561 | 1285474 | SH |  | DFND | 1 | 1285474 | 0 | 0 |
| OPPFI INC | *W EXP 07/20/202 | 68386H111 |  | 21102 | 13792 | SH |  | DFND | 1 | 13792 | 0 | 0 |
| RF ACQUISITION CORP II | SHS | G75389109 |  | 1625085 | 150750 | SH |  | DFND | 1 | 150750 | 0 | 0 |
| HAYMAKER ACQUISITION CORP IV | CLASS A | G4375F108 |  | 16611124 | 1459677 | SH |  | DFND | 1 | 1459677 | 0 | 0 |
| TERAWULF INC | COM | 88080T104 |  | 8648351 | 752685 | SH |  | DFND | 1 | 752685 | 0 | 0 |
| NUVEEN DOW 30 DYNMC OVERWRT | SHS | 67075F105 |  | 3804410 | 249306 | SH |  | DFND | 1 | 249306 | 0 | 0 |
| TEVOGEN BIO HLDGS INC | *W EXP 02/14/202 | 88165K119 |  | 8467 | 200638 | SH |  | DFND | 1 | 200638 | 0 | 0 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 77301 | 1492 | SH |  | DFND | 1 | 1492 | 0 | 0 |
| NIO INC | NOTE  3.875%10/1 | 62914VAJ5 |  | 66609721 | 70650000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LOANDEPOT INC | COM CL A | 53946R106 |  | 1837713 | 887784 | SH |  | DFND | 1 | 887784 | 0 | 0 |
| LEAPFROG ACQUISITION CORP | UNIT 11/10/2030 | G5414D129 |  | 100050 | 10000 | SH |  | DFND | 1 | 10000 | 0 | 0 |
| VIVID SEATS INC | COM CL A | 92854T209 |  | 22 | 3 | SH |  | DFND | 1 | 3 | 0 | 0 |
| THAYER VENTURES ACQ CORP II | CL A | G87890102 |  | 5967713 | 589695 | SH |  | DFND | 1 | 589695 | 0 | 0 |
| BENEFICIENT | *W EXP 06/07/202 | 08178Q119 |  | 236 | 22235 | SH |  | DFND | 1 | 22235 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 1712655 | 10500 | SH |  | DFND | 1 | 10500 | 0 | 0 |
| GARTNER INC | COM | 366651107 |  | 247739 | 982 | SH |  | DFND | 1 | 982 | 0 | 0 |
| GP-ACT III ACQUISITION CORP | CL A | G4035N103 |  | 10174197 | 951749 | SH |  | DFND | 1 | 951749 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 1284427 | 26854 | SH |  | DFND | 1 | 26854 | 0 | 0 |
| HOWARD HUGHES HOLDINGS INC | COM | 44267T102 |  | 350190 | 4390 | SH |  | DFND | 1 | 4390 | 0 | 0 |
| ROADZEN INC | *W EXP 11/30/202 | G7606H116 |  | 9159 | 33709 | SH |  | DFND | 1 | 33709 | 0 | 0 |
| TRANSMEDICS GROUP INC | NOTE  1.500% 6/0 | 89377MAB5 |  | 93026094 | 62107000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| STARDUST PWR INC | COM | 854936200 |  | 83 | 27 | SH |  | DFND | 1 | 27 | 0 | 0 |
| NEWELL BRANDS INC | COM | 651229106 |  | 530885 | 142711 | SH |  | DFND | 1 | 142711 | 0 | 0 |
| MOOLEC SCIENCE SA | *W EXP 01/30/202 | G6223S117 |  | 179 | 30793 | SH |  | DFND | 1 | 30793 | 0 | 0 |
| CROWN RESV ACQUISITION CORP | ORD SHS CL A | G2574F119 |  | 927650 | 93325 | SH |  | DFND | 1 | 93325 | 0 | 0 |
| VOYA GLBL ADV  PREM OPP FD | COM | 92912R104 |  | 530527 | 54581 | SH |  | DFND | 1 | 54581 | 0 | 0 |
| OMNICELL COM | NOTE  1.000%12/0 | 68213NAF6 |  | 29847652 | 27695000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ROYALTY MGMT HLDG CORP | *W EXP 05/28/202 | 02369M110 |  | 727 | 5589 | SH |  | DFND | 1 | 5589 | 0 | 0 |
| INSPIRATO INCORPORATED | *W EXP 02/11/202 | 45791E115 |  | 470 | 61029 | SH |  | DFND | 1 | 61029 | 0 | 0 |
| AMPRIUS TECHNOLOGIES INC | *W EXP 09/14/202 | 03214Q116 |  | 556179 | 216412 | SH |  | DFND | 1 | 216412 | 0 | 0 |
| CDT EQUITY INC | *W EXP 09/22/202 | 20678X114 |  | 1339 | 243532 | SH |  | DFND | 1 | 243532 | 0 | 0 |
| NEXTDECADE CORP | COM | 65342K105 |  | 8158 | 1548 | SH |  | DFND | 1 | 1548 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 1016700 | 6000 | SH |  | DFND | 1 | 6000 | 0 | 0 |
| PELICAN ACQUISITION CORP | RIGHT 05/02/2030 | G6993G111 |  | 3227 | 14032 | SH |  | DFND | 1 | 14032 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 111480 | 4000 | SH |  | DFND | 1 | 4000 | 0 | 0 |
| PLANET LABS PBC | *W EXP 12/06/202 | 72703X114 |  | 3953841 | 459215 | SH |  | DFND | 1 | 459215 | 0 | 0 |
| ORIGIN MATERIALS INC | *W EXP 06/25/202 | 68622D114 |  | 17 | 3561 | SH |  | DFND | 1 | 3561 | 0 | 0 |
| XOS INC | *W EXP 08/20/202 | 98423B116 |  | 85 | 21817 | SH |  | DFND | 1 | 21817 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 973370 | 9500 | SH |  | DFND | 1 | 9500 | 0 | 0 |
| PRENETICS GLOBAL LTD | SHS NEW | G72245122 |  | 16 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| XBP GLOBAL HOLDINGS INC | *W EXP 11/30/202 | 98400V119 |  | 1261 | 45529 | SH |  | DFND | 1 | 45529 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 413902 | 2736 | SH |  | DFND | 1 | 2736 | 0 | 0 |
| REPUBLIC DIGITAL ACQUISITION | *W EXP 05/01/203 | G7515A129 |  | 26550 | 45776 | SH |  | DFND | 1 | 45776 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | SER A MAND CNV | 03769M304 |  | 660695 | 8755 | SH |  | DFND | 1 | 8755 | 0 | 0 |
| CXAPP INC | *W EXP 99/99/999 | 23248B117 |  | 48079 | 1033965 | SH |  | DFND | 1 | 1033965 | 0 | 0 |
| RAIN ENHANCEMENT TECHNOLOGIE | *W EXP 12/31/202 | 75080J111 |  | 38048 | 152191 | SH |  | DFND | 1 | 152191 | 0 | 0 |
| ADTALEM GLOBAL ED INC | COM | 00737L103 |  | 9209 | 89 | SH |  | DFND | 1 | 89 | 0 | 0 |
| CITY OFFICE REIT INC | COM | 178587101 |  | 1883742 | 269491 | SH |  | DFND | 1 | 269491 | 0 | 0 |
| AVISTA CORP | COM | 05379B107 |  | 37268 | 967 | SH |  | DFND | 1 | 967 | 0 | 0 |
| MELAR ACQUISITION CORP. I | SHS CL A | G6004G100 |  | 10934964 | 1028689 | SH |  | DFND | 1 | 1028689 | 0 | 0 |
| INVESCO BD FD | COM | 46132L107 |  | 1448632 | 94006 | SH |  | DFND | 1 | 94006 | 0 | 0 |
| EXPAND ENERGY CORPORATION | *W EXP 02/09/202 | 165167180 |  | 792417 | 7952 | SH |  | DFND | 1 | 7952 | 0 | 0 |
| AEYE INC | CL A NEW | 008183204 |  | 786 | 427 | SH |  | DFND | 1 | 427 | 0 | 0 |
| BUTTERFLY NETWORK INC | *W EXP 02/12/202 | 124155110 |  | 491 | 27884 | SH |  | DFND | 1 | 27884 | 0 | 0 |
| BANK AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 4012660 | 3205 | SH |  | DFND | 1 | 3205 | 0 | 0 |
| P3 HEALTH PARTNERS INC | *W EXP 11/19/202 | 744413113 |  | 51 | 5094 | SH |  | DFND | 1 | 5094 | 0 | 0 |
| SMX SEC MATTERS PLC | *W EXP 03/07/202 | G8267K117 |  | 1388 | 29224 | SH |  | DFND | 1 | 29224 | 0 | 0 |
| ASPEN INSURANCE HOLDINGS LTD | ORD SHS CL A | G05384501 |  | 1932391 | 52086 | SH |  | DFND | 1 | 52086 | 0 | 0 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 |  | 127588 | 3660 | SH |  | DFND | 1 | 3660 | 0 | 0 |
| PERFECT CORP | *W EXP 99/99/999 | G7006A117 |  | 1107 | 55075 | SH |  | DFND | 1 | 55075 | 0 | 0 |
| ADAMAS TRUST INC. | COM | 649604840 |  | 2905298 | 397986 | SH |  | DFND | 1 | 397986 | 0 | 0 |
| BLACK HAWK ACQUISITION CORP | USD CL A SHS | G1148A101 |  | 3876638 | 344590 | SH |  | DFND | 1 | 344590 | 0 | 0 |
| OXLEY BRIDGE ACQ LTD | *W EXP 06/17/203 | G6858G115 |  | 11910 | 54113 | SH |  | DFND | 1 | 54113 | 0 | 0 |
| PIONEER ACQUISITION I CORP | CL A ORD SHS | G7117W107 |  | 5150685 | 512506 | SH |  | DFND | 1 | 512506 | 0 | 0 |
| PIONEER ACQUISITION I CORP | *W EXP 06/16/203 | G7117W115 |  | 26442 | 101700 | SH |  | DFND | 1 | 101700 | 0 | 0 |
| AUSTRALIAN OILSEEDS HLDGS LT | *W EXP 03/22/202 | G07041117 |  | 1117 | 71168 | SH |  | DFND | 1 | 71168 | 0 | 0 |
| RYMAN HOSPITALITY PPTYS INC | COM | 78377T107 |  | 612097 | 6469 | SH |  | DFND | 1 | 6469 | 0 | 0 |
| BEST SPAC I ACQUISITION CORP | RIGHT 05/27/2030 | G1069P129 |  | 55227 | 365741 | SH |  | DFND | 1 | 365741 | 0 | 0 |
| BEST SPAC I ACQUISITION CORP | USD CL A ORD SHS | G1069P103 |  | 5328198 | 525982 | SH |  | DFND | 1 | 525982 | 0 | 0 |
| CO2 ENERGY TRANSITION CORP | COM | 12664M103 |  | 748896 | 72779 | SH |  | DFND | 1 | 72779 | 0 | 0 |
| INDIGO ACQUISITION CORP | RIGHT 04/02/2027 | G4791J114 |  | 34489 | 216912 | SH |  | DFND | 1 | 216912 | 0 | 0 |
| INDIGO ACQUISITION CORP | ORD SHS | G4791J106 |  | 4758546 | 472078 | SH |  | DFND | 1 | 472078 | 0 | 0 |
| AIRBNB INC | NOTE         3/1 | 009066AB7 |  | 98696328 | 99587000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| DIGITAL ASSET ACQUISITION CO | SHS CL A | G2868C103 |  | 1652148 | 162613 | SH |  | DFND | 1 | 162613 | 0 | 0 |
| WINTERGREEN ACQUISITION CORP | RIGHT 99/99/9999 | G9717M117 |  | 44438 | 296252 | SH |  | DFND | 1 | 296252 | 0 | 0 |
| GCT SEMICONDUCTOR HLDG INC | *W EXP 03/01/202 | 36170N115 |  | 2629 | 34910 | SH |  | DFND | 1 | 34910 | 0 | 0 |
| EVE HLDG INC | COM | 29970N104 |  | 1133 | 284 | SH |  | DFND | 1 | 284 | 0 | 0 |
| WEN ACQUISITION CORP | *W EXP 99/99/999 | G9R39C111 |  | 10470 | 33741 | SH |  | DFND | 1 | 33741 | 0 | 0 |
| WEN ACQUISITION CORP | COM CL A | G9R39C103 |  | 4181683 | 414028 | SH |  | DFND | 1 | 414028 | 0 | 0 |
| CRANE HBR ACQUISITION CORP I | UNIT 12/09/2030 | G25014120 |  | 1218470 | 121000 | SH |  | DFND | 1 | 121000 | 0 | 0 |
| VENDOME ACQUISITION CORP I | COM CL A | G9580A109 |  | 1023475 | 101636 | SH |  | DFND | 1 | 101636 | 0 | 0 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 |  | 1642466 | 30248 | SH |  | DFND | 1 | 30248 | 0 | 0 |
| THAYER VENTURES ACQ CORP II | RIGHT 05/15/2030 | G87890110 |  | 11109 | 52900 | SH |  | DFND | 1 | 52900 | 0 | 0 |
| GENEDX HOLDINGS CORP | *W EXP 07/22/202 | 81663L119 |  | 2842 | 59948 | SH |  | DFND | 1 | 59948 | 0 | 0 |
| EGH ACQUISITION CORP. | RIGHT 99/99/9999 | G2946P118 |  | 1149 | 4597 | SH |  | DFND | 1 | 4597 | 0 | 0 |
| EGH ACQUISITION CORP. | SHS CL A | G2946P100 |  | 960942 | 94861 | SH |  | DFND | 1 | 94861 | 0 | 0 |
| REZOLVE AI PLC | ORD SHS | G75398100 |  | 5613 | 2184 | SH |  | DFND | 1 | 2184 | 0 | 0 |
| LIMINATUS PHARMA INC. | *W EXP 04/30/203 | 53271X116 |  | 2198 | 62795 | SH |  | DFND | 1 | 62795 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE  3.625%10/1 | 76954AAD5 |  | 6374959 | 5681000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NIOCORP DEVS LTD | *W EXP 03/17/202 | 654484153 |  | 455250 | 244758 | SH |  | DFND | 1 | 244758 | 0 | 0 |
| DRUGS MADE IN AMER ACQUTN CO | UNIT 10/15/2029 | G2847J120 |  | 1366300 | 130000 | SH |  | DFND | 1 | 130000 | 0 | 0 |
| IONQ INC | COM | 46222L108 |  | 418458 | 9326 | SH |  | DFND | 1 | 9326 | 0 | 0 |
| BANZAI INTERNATIONAL INC | *W EXP 12/14/202 | 06682J118 |  | 19 | 1341 | SH |  | DFND | 1 | 1341 | 0 | 0 |
| DIGITAL ASSET ACQUISITION CO | *W EXP 04/01/203 | G2868C111 |  | 15880 | 39700 | SH |  | DFND | 1 | 39700 | 0 | 0 |
| PANTAGES CAPITAL ACQUISITION | ORD SHS CL A | G8089R100 |  | 7900930 | 762638 | SH |  | DFND | 1 | 762638 | 0 | 0 |
| OCCIDENTAL PETE CORP | *W EXP 08/03/202 | 674599162 |  | 6474 | 336 | SH |  | DFND | 1 | 336 | 0 | 0 |
| LAUNCH TWO ACQUISITION CORP. | ORD SHS CL A | G5S87A105 |  | 3618951 | 344662 | SH |  | DFND | 1 | 344662 | 0 | 0 |
| GAMESTOP CORP NEW | CL A | 36467W109 |  | 85601 | 4263 | SH |  | DFND | 1 | 4263 | 0 | 0 |
| GOGORO INC | *W EXP 04/04/202 | G9491K113 |  | 754 | 85635 | SH |  | DFND | 1 | 85635 | 0 | 0 |
| ANGHAMI INC | *W EXP 02/03/202 | G0369L119 |  | 297 | 12652 | SH |  | DFND | 1 | 12652 | 0 | 0 |
| ZEO ENERGY CORP | *W EXP 03/13/202 | 98944F117 |  | 5358 | 150511 | SH |  | DFND | 1 | 150511 | 0 | 0 |
| EON RESOURCES INC | *W EXP 02/04/202 | 40472A128 |  | 6389 | 134509 | SH |  | DFND | 1 | 134509 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 31210 | 759 | SH |  | DFND | 1 | 759 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | *W EXP 01/23/202 | 21874A130 |  | 253825 | 17457 | SH |  | DFND | 1 | 17457 | 0 | 0 |
| EXPAND ENERGY CORPORATION | *W EXP 02/09/202 | 165167172 |  | 3870846 | 38329 | SH |  | DFND | 1 | 38329 | 0 | 0 |
| QUANTUMSCAPE CORP | COM CL A | 74767V109 |  | 21 | 2 | SH |  | DFND | 1 | 2 | 0 | 0 |
| STARWOOD PPTY TR INC | NOTE  6.750% 7/1 | 85571BBA2 |  | 18024113 | 17415000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ALPHA TAU MEDICAL LTD | *W EXP 99/99/999 | M0740A116 |  | 34209 | 100616 | SH |  | DFND | 1 | 100616 | 0 | 0 |
| NEXTNAV INC | *W EXP 99/99/999 | 65345N114 |  | 758458 | 106078 | SH |  | DFND | 1 | 106078 | 0 | 0 |
| COHEN  STEERS TOTAL RETURN | COM | 19247R103 |  | 1000688 | 90560 | SH |  | DFND | 1 | 90560 | 0 | 0 |
| CRITICAL METALS CORP | *W EXP 02/27/202 | G2662B111 |  | 310860 | 113868 | SH |  | DFND | 1 | 113868 | 0 | 0 |
| ALARM COM HLDGS INC | NOTE  2.250% 6/0 | 011642AD7 |  | 50472667 | 52944000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BUZZFEED INC | *W EXP 12/03/202 | 12430A110 |  | 2601 | 103207 | SH |  | DFND | 1 | 103207 | 0 | 0 |
| ALIGNMENT HEALTHCARE INC | NOTE  4.250%11/1 | 01625VAB0 |  | 69866368 | 46000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SPECTRAL AI INC | *W EXP 99/99/999 | 84757T113 |  | 1510 | 3356 | SH |  | DFND | 1 | 3356 | 0 | 0 |
| CANTOR EQUITY PARTNERS III I | SHS CL A | G1828A108 |  | 966960 | 94800 | SH |  | DFND | 1 | 94800 | 0 | 0 |
| BLAIZE HLDGS INC | *W EXP 01/13/203 | 092915115 |  | 161123 | 402909 | SH |  | DFND | 1 | 402909 | 0 | 0 |
| PALLADYNE AI CORP | *W EXP 09/24/202 | 80359A114 |  | 1550 | 25331 | SH |  | DFND | 1 | 25331 | 0 | 0 |
| BAKKT HOLDINGS INC | COM CL A NEW | 05759B305 |  | 1215 | 121 | SH |  | DFND | 1 | 121 | 0 | 0 |
| GRAF GLOBAL CORP | ORD SHS CL A | G4036C106 |  | 5550462 | 516082 | SH |  | DFND | 1 | 516082 | 0 | 0 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 1060037 | 5385 | SH |  | DFND | 1 | 5385 | 0 | 0 |
| ADIENT PLC | ORD SHS | G0084W101 |  | 2007195 | 104705 | SH |  | DFND | 1 | 104705 | 0 | 0 |
| GREEN PLAINS INC | COM | 393222104 |  | 2299129 | 234605 | SH |  | DFND | 1 | 234605 | 0 | 0 |
| MILLROSE PPTYS INC | COM CL A | 601137102 |  | 643430 | 21541 | SH |  | DFND | 1 | 21541 | 0 | 0 |
| CLEANSPARK INC | COM NEW | 18452B209 |  | 30 | 3 | SH |  | DFND | 1 | 3 | 0 | 0 |
| PENNYMAC CORP | NOTE  5.500% 3/1 | 70932AAF0 |  | 9001829 | 9000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| UNITED NAT FOODS INC | COM | 911163103 |  | 488215 | 14500 | SH |  | DFND | 1 | 14500 | 0 | 0 |
| STRATEGY INC | SERIES A PERP PF | 594972887 |  | 233442 | 2916 | SH |  | DFND | 1 | 2916 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE  4.625% 3/1 | 76954AAB9 |  | 116329348 | 92510000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MICROVAST HOLDINGS INC | *W EXP 04/01/202 | 59516C114 |  | 52981 | 557694 | SH |  | DFND | 1 | 557694 | 0 | 0 |
| CHAMPIONSGATE ACQUISITION CO | RIGHT 05/14/2030 | G2124S116 |  | 64023 | 346070 | SH |  | DFND | 1 | 346070 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 61882 | 1401 | SH |  | DFND | 1 | 1401 | 0 | 0 |
| PIMCO MUN INCOME FD II | COM | 72200W106 |  | 196507 | 26062 | SH |  | DFND | 1 | 26062 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 2248776 | 1691 | SH |  | DFND | 1 | 1691 | 0 | 0 |
| WORKIVA INC | NOTE  1.250% 8/1 | 98139AAD7 |  | 66754667 | 67532000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CHURCHILL DOWNS INC | COM | 171484108 |  | 948129 | 8333 | SH |  | DFND | 1 | 8333 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 5408 | 49 | SH |  | DFND | 1 | 49 | 0 | 0 |
| PLUM ACQUISITION CORP IV | SHS CL A | G7134A104 |  | 5275014 | 505754 | SH |  | DFND | 1 | 505754 | 0 | 0 |
| EVOLENT HEALTH INC | CL A | 30050B101 |  | 1948 | 487 | SH |  | DFND | 1 | 487 | 0 | 0 |
| HILLENBRAND INC | COM | 431571108 |  | 2582135 | 81404 | SH |  | DFND | 1 | 81404 | 0 | 0 |
| LEMAITRE VASCULAR INC | NOTE  2.500% 2/0 | 525558AB8 |  | 21973857 | 22000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LOTUS TECHNOLOGY INC | *W EXP 02/22/202 | 54572F119 |  | 18637 | 338854 | SH |  | DFND | 1 | 338854 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 281173 | 4799 | SH |  | DFND | 1 | 4799 | 0 | 0 |
| SOUTHLAND HLDGS INC | *W EXP 02/14/202 | 84445C118 |  | 136 | 1577 | SH |  | DFND | 1 | 1577 | 0 | 0 |
| BLACKROCK FLOATING RATE INC | COM | 091941104 |  | 1337303 | 118032 | SH |  | DFND | 1 | 118032 | 0 | 0 |
| ABRDN LIFE SCIENCES INVESTOR | SH BEN INT | 87911K100 |  | 1629707 | 97122 | SH |  | DFND | 1 | 97122 | 0 | 0 |
| FOXX DEV HLDGS INC | COM | 351665104 |  | 798 | 172 | SH |  | DFND | 1 | 172 | 0 | 0 |
| ASCENDIS PHARMA A/S | NOTE  2.250% 4/0 | 04351PAD3 |  | 112449863 | 79235000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SCAGE FUTURE | *W EXP 05/15/203 | G7840J118 |  | 4855 | 74917 | SH |  | DFND | 1 | 74917 | 0 | 0 |
| NUVEEN CORE PLUS IMPACT FUND | COM BEN INT | 67080D103 |  | 1158158 | 113768 | SH |  | DFND | 1 | 113768 | 0 | 0 |
| ECARX HOLDINGS INC | *W EXP 99/99/999 | G29201111 |  | 11106 | 246248 | SH |  | DFND | 1 | 246248 | 0 | 0 |
| BLACKSTONE SENI FLTN RAT 202 | COM | 09256U105 |  | 346558 | 25671 | SH |  | DFND | 1 | 25671 | 0 | 0 |
| MARA HOLDINGS INC | NOTE         6/0 | 565788AH9 |  | 39032411 | 46900000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LIBERTY ALL-STAR GROWTH FD I | COM | 529900102 |  | 3105376 | 585920 | SH |  | DFND | 1 | 585920 | 0 | 0 |
| DT CLOUD STAR ACQUISITION CO | RIGHT 07/09/2029 | G2853N114 |  | 5645 | 40322 | SH |  | DFND | 1 | 40322 | 0 | 0 |
| OAK WOODS ACQUISITION CORP | *W EXP 99/99/999 | 67190B112 |  | 1515 | 38159 | SH |  | DFND | 1 | 38159 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 68040 | 695 | SH |  | DFND | 1 | 695 | 0 | 0 |
| FIRST TR HIGH YIELD OPPRT 20 | COM | 33741Q107 |  | 407397 | 28955 | SH |  | DFND | 1 | 28955 | 0 | 0 |
| COHEN  STEERS QUALITY INCOM | COM | 19247L106 |  | 3208004 | 280911 | SH |  | DFND | 1 | 280911 | 0 | 0 |
| ENGENE HOLDINGS INC | *W EXP 10/31/202 | 29286M113 |  | 48020 | 16223 | SH |  | DFND | 1 | 16223 | 0 | 0 |
| ENPHASE ENERGY INC | NOTE         3/0 | 29355AAH0 |  | 81983066 | 82793000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MOUNTAIN LAKE ACQUISITION CO | RIGHT 11/15/2028 | G6301B127 |  | 87482 | 364509 | SH |  | DFND | 1 | 364509 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 222643 | 390 | SH |  | DFND | 1 | 390 | 0 | 0 |
| IRHYTHM TECHNOLOGIES INC | NOTE  1.500% 9/0 | 450056AB2 |  | 65820176 | 47013000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PLAYTIKA HLDG CORP | COM | 72815L107 |  | 1050759 | 266015 | SH |  | DFND | 1 | 266015 | 0 | 0 |
| FIVE9 INC | COM | 338307101 |  | 316850 | 15803 | SH |  | DFND | 1 | 15803 | 0 | 0 |
| ARQIT QUANTUM INC | *W EXP 09/03/202 | G0567U119 |  | 507 | 3282 | SH |  | DFND | 1 | 3282 | 0 | 0 |
| BRIGHTSPRING HEALTH SVCS INC | UNIT 02/01/2027 | 10950A205 |  | 65292652 | 516211 | SH |  | DFND | 1 | 516211 | 0 | 0 |
| ITRON INC | NOTE  1.375% 7/1 | 465741AQ9 |  | 37347010 | 36859000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| INNOVIVA INC | NOTE  2.125% 3/1 | 45781MAD3 |  | 33579403 | 32893000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SYNOVUS FINL CORP | COM NEW | 87161C501 |  | 3274621 | 65427 | SH |  | DFND | 1 | 65427 | 0 | 0 |
| CBRE GBL REAL ESTATE INC FD | COM | 12504G100 |  | 2354132 | 537473 | SH |  | DFND | 1 | 537473 | 0 | 0 |
| ROYCE SMALL CAP TRUST INC | COM | 780910105 |  | 1492486 | 92701 | SH |  | DFND | 1 | 92701 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 290197 | 2022 | SH |  | DFND | 1 | 2022 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 742562 | 3421 | SH |  | DFND | 1 | 3421 | 0 | 0 |
| ROBO.AI INC. | *W EXP 11/11/202 | G6693P114 |  | 8680 | 172899 | SH |  | DFND | 1 | 172899 | 0 | 0 |
| INDUSTRIAL LOGISTICS PPTYS T | COM SHS BEN INT | 456237106 |  | 29118 | 5256 | SH |  | DFND | 1 | 5256 | 0 | 0 |
| ARBOR REALTY TRUST INC | COM | 038923108 |  | 388 | 50 | SH |  | DFND | 1 | 50 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 517462 | 3195 | SH |  | DFND | 1 | 3195 | 0 | 0 |
| ARMOUR RESIDENTIAL REIT INC | COM SHS | 042315705 |  | 9393761 | 531021 | SH |  | DFND | 1 | 531021 | 0 | 0 |
| GENWORTH FINL INC | COM SHS | 37247D106 |  | 582227 | 64477 | SH |  | DFND | 1 | 64477 | 0 | 0 |
| TEMPLETON DRAGON FD INC | COM | 88018T101 |  | 694438 | 61673 | SH |  | DFND | 1 | 61673 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 170236 | 2200 | SH |  | DFND | 1 | 2200 | 0 | 0 |
| NUVEEN REAL ESTATE INCOME FD | COM | 67071B108 |  | 171255 | 22357 | SH |  | DFND | 1 | 22357 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 560763 | 858 | SH |  | DFND | 1 | 858 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 344094 | 3743 | SH |  | DFND | 1 | 3743 | 0 | 0 |
| AXALTA COATING SYS LTD | COM | G0750C108 |  | 342486 | 10600 | SH |  | DFND | 1 | 10600 | 0 | 0 |
| AMERICAN DRIVE ACQUISITION C | UNIT 12/04/2030 | G0R91M121 |  | 1994000 | 200000 | SH |  | DFND | 1 | 200000 | 0 | 0 |
| HORIZON SPACE ACQUISITION II | RIGHT 03/30/2026 | G4627B111 |  | 13224 | 104454 | SH |  | DFND | 1 | 104454 | 0 | 0 |
| EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 |  | 1421 | 124 | SH |  | DFND | 1 | 124 | 0 | 0 |
| NEWBURY STR II ACQUISITION C | ORD SHS CL A | G6439S109 |  | 11225496 | 1076270 | SH |  | DFND | 1 | 1076270 | 0 | 0 |
| PROCAP FINL INC | *W EXP 12/05/203 | 74277P113 |  | 56285 | 80407 | SH |  | DFND | 1 | 80407 | 0 | 0 |
| CID HOLDCO INC | *W EXP 12/31/202 | 171756117 |  | 20160 | 251682 | SH |  | DFND | 1 | 251682 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 1414827 | 3570 | SH |  | DFND | 1 | 3570 | 0 | 0 |
| INFLECTION PT ACQUISITION CO | CL A ORD SHS | G47875102 |  | 4618831 | 455506 | SH |  | DFND | 1 | 455506 | 0 | 0 |
| TRISALUS LIFE SCIENCES INC | *W EXP 08/10/202 | 89680M119 |  | 51443 | 30990 | SH |  | DFND | 1 | 30990 | 0 | 0 |
| WW INTL INC | COM NEW | 98262P200 |  | 711239 | 24345 | SH |  | DFND | 1 | 24345 | 0 | 0 |
| RENEW ENERGY GLOBAL PLC | *W EXP 08/21/202 | G7500M120 |  | 1509 | 212574 | SH |  | DFND | 1 | 212574 | 0 | 0 |
| NOBLE CORP PLC | *W EXP 02/04/202 | G65431150 |  | 240007 | 28801 | SH |  | DFND | 1 | 28801 | 0 | 0 |
| ROYCE MICRO-CAP TR INC | COM | 780915104 |  | 2068488 | 198321 | SH |  | DFND | 1 | 198321 | 0 | 0 |
| SUNPOWER INC | COM | 20460L104 |  | 3211 | 2045 | SH |  | DFND | 1 | 2045 | 0 | 0 |
| EATON VANCE MUN BD FD | COM | 27827X101 |  | 333379 | 34263 | SH |  | DFND | 1 | 34263 | 0 | 0 |
| FIRST TR SR FLTG RATE INCOME | COM | 33733U108 |  | 961866 | 95518 | SH |  | DFND | 1 | 95518 | 0 | 0 |
| GUGGENHEIM STRATEGIC OPPORTU | COM SBI | 40167F101 |  | 39129 | 3038 | SH |  | DFND | 1 | 3038 | 0 | 0 |
| NUVEEN MULTI-MKT INCOME FD | COM | 67075J107 |  | 84802 | 14040 | SH |  | DFND | 1 | 14040 | 0 | 0 |
| PAGERDUTY INC | NOTE  1.500%10/1 | 69553PAD2 |  | 39014276 | 41000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| T1 ENERGY INC | *W EXP 07/09/202 | 35834F112 |  | 333870 | 285359 | SH |  | DFND | 1 | 285359 | 0 | 0 |
| BLUE WTR ACQUISITION CORP. I | *W EXP 05/23/203 | G1368E114 |  | 27616 | 52106 | SH |  | DFND | 1 | 52106 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 1013866 | 27087 | SH |  | DFND | 1 | 27087 | 0 | 0 |
| GENERATION ESSENTIALS GROUP | *W EXP 02/15/202 | G38268119 |  | 11215 | 74764 | SH |  | DFND | 1 | 74764 | 0 | 0 |
| SSR MINING IN | NOTE  2.500% 4/0 | 784730AB9 |  | 29530263 | 22524000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| DRUGS MADE IN AMER ACQUTN CO | ORD SHS | G2847J104 |  | 13563935 | 1307468 | SH |  | DFND | 1 | 1307468 | 0 | 0 |
| ABPRO HLDGS INC | *W EXP 11/12/202 | 000847111 |  | 7753 | 472720 | SH |  | DFND | 1 | 472720 | 0 | 0 |
| COINCHECK GROUP NV | *W EXP 12/11/202 | N20967100 |  | 8506 | 21266 | SH |  | DFND | 1 | 21266 | 0 | 0 |
| CHIMERA INVT CORP | COM SHS | 16934Q802 |  | 8863075 | 713039 | SH |  | DFND | 1 | 713039 | 0 | 0 |
| CENTRAL SECS CORP | COM | 155123102 |  | 471857 | 9305 | SH |  | DFND | 1 | 9305 | 0 | 0 |
| SIDDHI ACQUISITION CORP | CL A SHS | G8118C124 |  | 1736744 | 168944 | SH |  | DFND | 1 | 168944 | 0 | 0 |
| EATON VANCE TAX-MANAGED GLOB | COM | 27829C105 |  | 2390764 | 259302 | SH |  | DFND | 1 | 259302 | 0 | 0 |
| XOMETRY INC | NOTE  1.000% 2/0 | 98423FAB5 |  | 2524930 | 2000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| KEEN VISION ACQUISITION CORP | *W EXP 03/15/202 | G52443127 |  | 6428 | 125799 | SH |  | DFND | 1 | 125799 | 0 | 0 |
| PRENETICS GLOBAL LTD | *W EXP 05/18/202 | G72245114 |  | 143 | 4793 | SH |  | DFND | 1 | 4793 | 0 | 0 |
| EMERGENT BIOSOLUTIONS INC | COM | 29089Q105 |  | 2162172 | 174933 | SH |  | DFND | 1 | 174933 | 0 | 0 |
| BITMINE IMMERSION TECNOLOGIE | COM NEW | 09175A206 |  | 2858949 | 105302 | SH |  | DFND | 1 | 105302 | 0 | 0 |
| GIBO HOLDINGS LTD. | *W EXP 05/08/203 | G38617117 |  | 1317 | 33500 | SH |  | DFND | 1 | 33500 | 0 | 0 |
| CALAMOS STRATEGIC TOTAL RETU | COM SH BEN INT | 128125101 |  | 3052282 | 158973 | SH |  | DFND | 1 | 158973 | 0 | 0 |
| ALTA EQUIPMENT GROUP INC | COMMON STOCK | 02128L106 |  | 208472 | 45320 | SH |  | DFND | 1 | 45320 | 0 | 0 |
| KEEN VISION ACQUISITION CORP | SHS | G52443119 |  | 3409227 | 290147 | SH |  | DFND | 1 | 290147 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 |  | 461053 | 1230 | SH |  | DFND | 1 | 1230 | 0 | 0 |
| EATON VANCE TAX-MANAGED DIVE | COM | 27828N102 |  | 835999 | 54498 | SH |  | DFND | 1 | 54498 | 0 | 0 |
| LAUNCHPAD CADENZA ACQUISITIO | UNIT 12/15/2030 | G6001S123 |  | 1996000 | 200000 | SH |  | DFND | 1 | 200000 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 217303 | 711 | SH |  | DFND | 1 | 711 | 0 | 0 |
| CODERE ONLINE LUXEMBOURG S A | ORDINARY SHARES | L18268109 |  | 58531 | 7289 | SH |  | DFND | 1 | 7289 | 0 | 0 |
| SEMRUSH HLDGS INC | CL A COM | 81686C104 |  | 356700 | 30000 | SH |  | DFND | 1 | 30000 | 0 | 0 |
| HOLLEY INC | *W EXP 11/30/202 | 43538H111 |  | 18221 | 132709 | SH |  | DFND | 1 | 132709 | 0 | 0 |
| API GROUP CORP | COM STK | 00187Y100 |  | 1721700 | 45000 | SH |  | DFND | 1 | 45000 | 0 | 0 |
| GLOBAL NET LEASE INC | COM NEW | 379378201 |  | 66469 | 7729 | SH |  | DFND | 1 | 7729 | 0 | 0 |
| SUPER MICRO COMPUTER INC | NOTE  3.500% 3/0 | 86800UAB0 |  | 146025832 | 163919000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| OXLEY BRIDGE ACQ LTD | USD CL A ORD SHS | G6858G107 |  | 8284611 | 821886 | SH |  | DFND | 1 | 821886 | 0 | 0 |
| TERRESTRIAL ENERGY INC | *W EXP 10/28/203 | 881454110 |  | 151726 | 71569 | SH |  | DFND | 1 | 71569 | 0 | 0 |
| NEUBERGER ENGY INFRSTR  INC | COM | 64129H104 |  | 1501338 | 176628 | SH |  | DFND | 1 | 176628 | 0 | 0 |
| SPECTRAL AI INC | COM CL A | 84757T105 |  | 2350 | 1655 | SH |  | DFND | 1 | 1655 | 0 | 0 |
| ARQIT QUANTUM INC | COM NEW | G0567U127 |  | 10699 | 489 | SH |  | DFND | 1 | 489 | 0 | 0 |
| VERRA MOBILITY CORP | CL A COM STK | 92511U102 |  | 192771 | 8602 | SH |  | DFND | 1 | 8602 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 168771 | 544 | SH |  | DFND | 1 | 544 | 0 | 0 |
| BLACK HAWK ACQUISITION CORP | RIGHT 06/20/2025 | G1148A119 |  | 25611 | 19701 | SH |  | DFND | 1 | 19701 | 0 | 0 |
| FORWARD INDS INC N Y | COM NEW | 349862409 |  | 909225 | 137553 | SH |  | DFND | 1 | 137553 | 0 | 0 |
| DRUGS MADE IN AMER ACQUTN CO | RIGHT 10/15/2029 | G2847J112 |  | 105475 | 563136 | SH |  | DFND | 1 | 563136 | 0 | 0 |
| CEA INDUSTRIES INC | *W EXP 02/11/202 | 86887P119 |  | 2423 | 43661 | SH |  | DFND | 1 | 43661 | 0 | 0 |
| CALAMOS GLOBAL TOTAL RETURN | COM SH BEN INT | 128118106 |  | 873294 | 76672 | SH |  | DFND | 1 | 76672 | 0 | 0 |
| ETHZILLA CORPORATION | COM SHS | 68236V401 |  | 1910579 | 389914 | SH |  | DFND | 1 | 389914 | 0 | 0 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 1427258 | 36317 | SH |  | DFND | 1 | 36317 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 81098 | 2300 | SH |  | DFND | 1 | 2300 | 0 | 0 |
| GABELLI MULTIMEDIA TR INC | COM | 36239Q109 |  | 111812 | 26622 | SH |  | DFND | 1 | 26622 | 0 | 0 |
| BLACKROCK ENHANCED INTL DIV | COM BENE INTER | 092524107 |  | 233895 | 39778 | SH |  | DFND | 1 | 39778 | 0 | 0 |
| JELD-WEN HLDG INC | COM | 47580P103 |  | 401809 | 163337 | SH |  | DFND | 1 | 163337 | 0 | 0 |
| ALBEMARLE CORP | 7.25% DEP SHS A | 012653200 |  | 85491696 | 1447324 | SH |  | DFND | 1 | 1447324 | 0 | 0 |
| REVELATION BIOSCIENCES INC | *W EXP 01/10/202 | 76135L119 |  | 438 | 54752 | SH |  | DFND | 1 | 54752 | 0 | 0 |
| AA MISSION ACQUISITION CORP | *W EXP 08/01/203 | G1000R127 |  | 48979 | 288624 | SH |  | DFND | 1 | 288624 | 0 | 0 |
| NMP ACQUISITION CORP | CL A | G6375X104 |  | 8613172 | 859598 | SH |  | DFND | 1 | 859598 | 0 | 0 |
| BLUE WTR ACQUISITION CORP. I | ORD SHS CL A | G1368E106 |  | 2426531 | 235129 | SH |  | DFND | 1 | 235129 | 0 | 0 |
| IONIS PHARMACEUTICALS INC | COM | 462222100 |  | 2414042 | 30515 | SH |  | DFND | 1 | 30515 | 0 | 0 |
| VINE HILL CAP INVTS CORP II | UNIT 11/25/2030 | G9709D125 |  | 2405040 | 240000 | SH |  | DFND | 1 | 240000 | 0 | 0 |
| HERBALIFE LTD | COM SHS | G4412G101 |  | 2900302 | 225004 | SH |  | DFND | 1 | 225004 | 0 | 0 |
| DAYFORCE INC | COM | 15677J108 |  | 3987281 | 57653 | SH |  | DFND | 1 | 57653 | 0 | 0 |
| IMPINJ INC | NOTE  1.125% 5/1 | 453204AD1 |  | 21433243 | 13194000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 384489 | 677 | SH |  | DFND | 1 | 677 | 0 | 0 |
| ABRDN HEALTHCARE INVESTORS | SH BEN INT | 87911J103 |  | 2779994 | 146779 | SH |  | DFND | 1 | 146779 | 0 | 0 |
| BETTER HOME  FINANCE HOLDIN | *W EXP 08/22/202 | 08774B110 |  | 2063 | 18751 | SH |  | DFND | 1 | 18751 | 0 | 0 |
| THE ONCOLOGY INSTITUTE INC | *W EXP 99/99/999 | 68236X118 |  | 21846 | 181292 | SH |  | DFND | 1 | 181292 | 0 | 0 |
| HCM III ACQUISITION CORP | *W EXP 07/23/203 | G4365E111 |  | 35000 | 70000 | SH |  | DFND | 1 | 70000 | 0 | 0 |
| BLACKROCK TECH AND PRIVATE E | SHS BEN INT | 09260Q108 |  | 5094413 | 773052 | SH |  | DFND | 1 | 773052 | 0 | 0 |
| CREDIT SUISSE HIGH YIELD CRE | SH BEN INT | 22544F103 |  | 84340 | 42170 | SH |  | DFND | 1 | 42170 | 0 | 0 |
| PG CORP | PFD CONV SER A | 69331C306 |  | 19605641 | 478341 | SH |  | DFND | 1 | 478341 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | 6.75 SE B PFD | 03990B309 |  | 4345027 | 86241 | SH |  | DFND | 1 | 86241 | 0 | 0 |
| CNX RES CORP | COM | 12653C108 |  | 273458 | 7437 | SH |  | DFND | 1 | 7437 | 0 | 0 |
| FRANKLIN LTD DURATION INCOME | COM | 35472T101 |  | 1568502 | 255041 | SH |  | DFND | 1 | 255041 | 0 | 0 |
| FIGX CAP ACQUISITION CORP. | USD CL A ORD SHS | G3473K100 |  | 1710532 | 170033 | SH |  | DFND | 1 | 170033 | 0 | 0 |
| EPR PPTYS | PFD C CV 5.75% | 26884U208 |  | 580695 | 26181 | SH |  | DFND | 1 | 26181 | 0 | 0 |
| ENPHASE ENERGY INC | NOTE         3/0 | 29355AAK3 |  | 8090668 | 9255000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| STRATEGY INC | NOTE  0.625% 3/1 | 594972AJ0 |  | 48452248 | 38199000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NUVEEN FLOATING RATE INCOME | COM | 67072T108 |  | 2248345 | 287145 | SH |  | DFND | 1 | 287145 | 0 | 0 |
| REAL MESSENGER CORP. | *W EXP 11/19/202 | G7410G114 |  | 4298 | 85959 | SH |  | DFND | 1 | 85959 | 0 | 0 |
| COGENT BIOSCIENCES INC | NOTE  1.625%11/1 | 19240QAA0 |  | 21062366 | 18000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| TRANSLATIONAL DEV ACQUISITIO | *W EXP 12/18/202 | G9008W113 |  | 33008 | 106479 | SH |  | DFND | 1 | 106479 | 0 | 0 |
| CARDLYTICS INC | NOTE  4.250% 4/0 | 14161WAD7 |  | 5954636 | 14879000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CSLM DIGITA ASSET ACQ CORP I | USD CL A ORD SHS | G2584S101 |  | 3059516 | 307489 | SH |  | DFND | 1 | 307489 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 6632 | 392 | SH |  | DFND | 1 | 392 | 0 | 0 |
| RIBBON ACQUISITION CORP | RIGHT 12/31/2026 | G7552W117 |  | 37666 | 171209 | SH |  | DFND | 1 | 171209 | 0 | 0 |
| AURORA INNOVATION INC | CLASS A COM | 051774107 |  | 153354 | 39936 | SH |  | DFND | 1 | 39936 | 0 | 0 |
| GATES INDL CORP PLC | ORD SHS | G39108108 |  | 7214 | 336 | SH |  | DFND | 1 | 336 | 0 | 0 |
| VARONIS SYS INC | NOTE  1.000% 9/1 | 922280AD4 |  | 31364926 | 33772000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SINCLAIR INC | CL A | 829242106 |  | 773354 | 50546 | SH |  | DFND | 1 | 50546 | 0 | 0 |
| FUTURE VISION II ACQUISITION | RIGHT 06/29/2029 | G37068114 |  | 32065 | 246085 | SH |  | DFND | 1 | 246085 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 10546977 | 82676 | SH |  | DFND | 1 | 82676 | 0 | 0 |
| SONIC AUTOMOTIVE INC | CL A | 83545G102 |  | 1359374 | 21975 | SH |  | DFND | 1 | 21975 | 0 | 0 |
| CALAMOS DYNAMIC CONV  INCOM | COM | 12811V105 |  | 1336813 | 64085 | SH |  | DFND | 1 | 64085 | 0 | 0 |
| AA MISSION ACQUISITION CORP | ORD SHS CL A | G1000R101 |  | 26830611 | 2514584 | SH |  | DFND | 1 | 2514584 | 0 | 0 |
| NEUBERGER REAL ESTATE | COM | 64190A103 |  | 1461024 | 480600 | SH |  | DFND | 1 | 480600 | 0 | 0 |
| SCRIPPS E W CO OHIO | CL A NEW | 811054402 |  | 1050539 | 263293 | SH |  | DFND | 1 | 263293 | 0 | 0 |
| CINEMARK HLDGS INC | COM | 17243V102 |  | 1011475 | 43523 | SH |  | DFND | 1 | 43523 | 0 | 0 |
| WESTERN ASSET INVT GRADE OPP | COM | 95790A101 |  | 896990 | 54363 | SH |  | DFND | 1 | 54363 | 0 | 0 |
| BEYOND MEAT INC | DEBT  7.000%10/1 | 08862EAD1 |  | 17725598 | 23486000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| VEECO INSTRS INC DEL | NOTE  2.875% 6/0 | 922417AJ9 |  | 32285738 | 25947000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ANGI INC | CL A NEW | 00183L201 |  | 462713 | 35786 | SH |  | DFND | 1 | 35786 | 0 | 0 |
| WESTERN ASSET MUN HIGH INCOM | COM | 95766N103 |  | 260546 | 37870 | SH |  | DFND | 1 | 37870 | 0 | 0 |
| HCM III ACQUISITION CORP | ORD SHS CL A | G4365E103 |  | 3565947 | 355174 | SH |  | DFND | 1 | 355174 | 0 | 0 |
| KOCHAV DEFENSE ACQUI CO | RIGHT 05/21/2030 | G5304D114 |  | 83884 | 349516 | SH |  | DFND | 1 | 349516 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 8925 | 19 | SH |  | DFND | 1 | 19 | 0 | 0 |
| FUTURE VISION II ACQUISITION | SHS | G37068106 |  | 4102596 | 387769 | SH |  | DFND | 1 | 387769 | 0 | 0 |
| SHIFT4 PMTS INC | 6 SER A CNV PREF | 82452J307 |  | 40417961 | 505482 | SH |  | DFND | 1 | 505482 | 0 | 0 |
| LI AUTO INC | NOTE  0.250% 5/0 | 50202MAB8 |  | 90222179 | 89484000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| STRATEGY INC | NOTE  0.875% 3/1 | 594972AL5 |  | 8728161 | 8500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NIO INC | NOTE  4.625%10/1 | 62914VAK2 |  | 1780856 | 2000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 7225399 | 31951 | SH |  | DFND | 1 | 31951 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 387107 | 1948 | SH |  | DFND | 1 | 1948 | 0 | 0 |
| CHARLTON ARIA ACQUISITION CO | RIGHT 12/31/2026 | G9877L115 |  | 58162 | 306275 | SH |  | DFND | 1 | 306275 | 0 | 0 |
| IMMUNOCORE HLDGS PLC | NOTE  2.500% 2/0 | 45258DAB1 |  | 7238437 | 8000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| HERTZ GLOBAL HLDGS INC | COM NEW | 42806J700 |  | 5100216 | 992260 | SH |  | DFND | 1 | 992260 | 0 | 0 |
| FLAHERTY  CRUMRINE DYNAMIC | SHS | 33848W106 |  | 16881 | 812 | SH |  | DFND | 1 | 812 | 0 | 0 |
| FRESHPET INC | NOTE  3.000% 4/0 | 358039AB1 |  | 16324137 | 13943000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| AIRJOULE TECHNOLOGIES CORP | *W EXP 03/15/202 | 612160119 |  | 138020 | 162377 | SH |  | DFND | 1 | 162377 | 0 | 0 |
| ECHOSTAR CORP | CL A | 278768106 |  | 387081 | 3561 | SH |  | DFND | 1 | 3561 | 0 | 0 |
| INVEST GREEN ACQUISITION COR | UNIT 11/04/2030 | G4924G128 |  | 1317741 | 131380 | SH |  | DFND | 1 | 131380 | 0 | 0 |
| AMENTUM HOLDINGS INC | COM | 023939101 |  | 1973160 | 68040 | SH |  | DFND | 1 | 68040 | 0 | 0 |
| FISCALNOTE HOLDINGS INC | *W EXP 07/29/202 | 337655112 |  | 5436 | 178245 | SH |  | DFND | 1 | 178245 | 0 | 0 |
| VALARIS LTD | CL A | G9460G101 |  | 265810 | 5274 | SH |  | DFND | 1 | 5274 | 0 | 0 |
| MORGAN STANLEY EMKT DBT FD I | COM | 61744H105 |  | 1216357 | 164595 | SH |  | DFND | 1 | 164595 | 0 | 0 |
| INFLECTION POINT ACQU CORP V | RIGHT 99/99/9999 | G6001J131 |  | 53511 | 66889 | SH |  | DFND | 1 | 66889 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 400250 | 2500 | SH |  | DFND | 1 | 2500 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 89 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| CELULARITY INC | *W EXP 07/16/202 | 151190113 |  | 1 | 68 | SH |  | DFND | 1 | 68 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 482029 | 6895 | SH |  | DFND | 1 | 6895 | 0 | 0 |
| BLACKBERRY LTD | NOTE  3.000% 2/1 | 09228FAM5 |  | 23886374 | 18955000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| FLUENCE ENERGY INC | NOTE  2.250% 6/1 | 34379VAB9 |  | 38192145 | 31570000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ADS TEC ENERGY PLC | *W EXP 99/99/999 | G0085J109 |  | 109060 | 91647 | SH |  | DFND | 1 | 91647 | 0 | 0 |
| LYFT INC | NOTE  0.625% 3/0 | 55087PAD6 |  | 68874266 | 57199000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| STONEBRIDGE ACQUISITION II C | CL A SHS | G85096108 |  | 4989219 | 501429 | SH |  | DFND | 1 | 501429 | 0 | 0 |
| ALGOMA STL GROUP INC | COM | 015658107 |  | 295786 | 72143 | SH |  | DFND | 1 | 72143 | 0 | 0 |
| AIMEI HEALTH TECHNOLOGY CO L | RIGHT 11/17/2028 | G01341133 |  | 116991 | 312643 | SH |  | DFND | 1 | 312643 | 0 | 0 |
| CSG SYS INTL INC | NOTE  3.875% 9/1 | 126349AH2 |  | 61973163 | 52387000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| YORKVILLE ACQUISITION CORP. | SHS CL A | G98659116 |  | 455850 | 45000 | SH |  | DFND | 1 | 45000 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 06/01/2027 | 65339F663 |  | 1934881 | 37487 | SH |  | DFND | 1 | 37487 | 0 | 0 |
| BLACKROCK MUNIVEST FD INC | COM | 09253R105 |  | 1000394 | 144357 | SH |  | DFND | 1 | 144357 | 0 | 0 |
| GRAYSCALE ETHEREUM MINI TR E | SHS NEW | 38964R203 |  | 26433951 | 942051 | SH |  | DFND | 1 | 942051 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | 7.625 MAND CONV | 42824C208 |  | 6705835 | 101122 | SH |  | DFND | 1 | 101122 | 0 | 0 |
| COOPER STD HLDGS INC | COM | 21676P103 |  | 884079 | 26929 | SH |  | DFND | 1 | 26929 | 0 | 0 |
| EUDA HEALTH HOLDINGS LTD | *W EXP 11/22/202 | G3142E121 |  | 3023 | 30229 | SH |  | DFND | 1 | 30229 | 0 | 0 |
| COPLEY ACQUISITION CORP | *W EXP 99/99/999 | G24243126 |  | 30359 | 117855 | SH |  | DFND | 1 | 117855 | 0 | 0 |
| DUNE ACQUISITION CORP II | *W EXP 04/04/203 | G2867S117 |  | 55637 | 185519 | SH |  | DFND | 1 | 185519 | 0 | 0 |
| CADENCE BANK | COM | 12740C103 |  | 1087108 | 25376 | SH |  | DFND | 1 | 25376 | 0 | 0 |
| EQV VENTURES ACQUISITION COR | CL A ORD SHS | G3106N109 |  | 3203719 | 305407 | SH |  | DFND | 1 | 305407 | 0 | 0 |
| DUNE ACQUISITION CORP II | SHS CL A | G2867S109 |  | 7098211 | 696586 | SH |  | DFND | 1 | 696586 | 0 | 0 |
| TRUMP MEDIA  TECHNOLOGY GRO | *W EXP 03/25/202 | 25400Q113 |  | 757637 | 108081 | SH |  | DFND | 1 | 108081 | 0 | 0 |
| ASTRIA THERAPEUTICS INC | COM | 04635X102 |  | 1309 | 100 | SH |  | DFND | 1 | 100 | 0 | 0 |
| RUMBLE INC | COM CL A | 78137L105 |  | 21501 | 3402 | SH |  | DFND | 1 | 3402 | 0 | 0 |
| TMC THE METALS COMPANY INC | *W EXP 09/09/202 | 87261Y114 |  | 108950 | 84457 | SH |  | DFND | 1 | 84457 | 0 | 0 |
| WALDENCAST PLC | CLASS A ORD SHS | G9503X103 |  | 3858 | 2052 | SH |  | DFND | 1 | 2052 | 0 | 0 |
| HUMACYTE INC | *W EXP 08/27/202 | 44486Q111 |  | 3454 | 36860 | SH |  | DFND | 1 | 36860 | 0 | 0 |
| ALLIANCE ENTERTAINMENT HOLDI | *W EXP 02/10/202 | 01861F110 |  | 162736 | 191522 | SH |  | DFND | 1 | 191522 | 0 | 0 |
| ROMAN DBDR ACQUISITION CORP | ORD SHS CL A | G7633M104 |  | 2191207 | 210087 | SH |  | DFND | 1 | 210087 | 0 | 0 |
| WISDOMTREE INC | NOTE  3.250% 8/1 | 97717PAH7 |  | 67502446 | 56000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| DEXCOM INC | NOTE  0.375% 5/1 | 252131AM9 |  | 19535825 | 21187000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 466884 | 1200 | SH |  | DFND | 1 | 1200 | 0 | 0 |
| APELLIS PHARMACEUTICALS INC | NOTE  3.500% 9/1 | 03753UAB2 |  | 3224150 | 3122000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CARTERS INC | COM | 146229109 |  | 905770 | 27930 | SH |  | DFND | 1 | 27930 | 0 | 0 |
| BLACKROCK CAP ALLOCATION TER | COM | 09260U109 |  | 2564787 | 181129 | SH |  | DFND | 1 | 181129 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 1309206 | 5300 | SH |  | DFND | 1 | 5300 | 0 | 0 |
| ANDRETTI ACQUISITION CORP II | ORD SHS CL A | G26745102 |  | 10954132 | 1042258 | SH |  | DFND | 1 | 1042258 | 0 | 0 |
| SILVERCORP METALS INC | NOTE  4.750%12/1 | 82835PAB9 |  | 28724033 | 14075000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| K GROWTH ACQUISITION CORP | RIGHT 08/29/2031 | G52258129 |  | 12311 | 94700 | SH |  | DFND | 1 | 94700 | 0 | 0 |
| COLUMBUS ACQUISITION CORP | RIGHT 09/30/2025 | G2295P115 |  | 336 | 1000 | SH |  | DFND | 1 | 1000 | 0 | 0 |
| UPSTART HLDGS INC | COM | 91680M107 |  | 2318 | 53 | SH |  | DFND | 1 | 53 | 0 | 0 |
| DEFI DEVELOPMENT CORP | *W EXP 01/21/202 | 47100L111 |  | 15374 | 9919 | SH |  | DFND | 1 | 9919 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 10089280 | 20862 | SH |  | DFND | 1 | 20862 | 0 | 0 |
| PROGRESS SOFTWARE CORP | NOTE  3.500% 3/0 | 743312AD2 |  | 8422672 | 8318000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LAFAYETTE ACQUISITION CORP | RIGHT 10/24/2030 | G53426113 |  | 37152 | 275000 | SH |  | DFND | 1 | 275000 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 2499878 | 50350 | SH |  | DFND | 1 | 50350 | 0 | 0 |
| QXO INC | 5.50 DEP PFD | 82846H504 |  | 9383662 | 170148 | SH |  | DFND | 1 | 170148 | 0 | 0 |
| CAYSON ACQUISITION CORP | RIGHT 99/99/9999 | G1993W117 |  | 54761 | 240182 | SH |  | DFND | 1 | 240182 | 0 | 0 |
| KKR INCOME OPPORTUNITIES FD | COM | 48249T106 |  | 822218 | 70942 | SH |  | DFND | 1 | 70942 | 0 | 0 |
| BLACKROCK CORE BD TR | SHS BEN INT | 09249E101 |  | 1032383 | 107652 | SH |  | DFND | 1 | 107652 | 0 | 0 |
| SPECTRUM BRANDS INC | NOTE  3.375% 6/0 | 84762LAZ8 |  | 39140894 | 41392000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| FLYEXCLUSIVE INC | *W EXP 99/99/999 | 343928115 |  | 4212 | 14790 | SH |  | DFND | 1 | 14790 | 0 | 0 |
| BLACKLINE INC | NOTE  1.000% 6/0 | 09239BAF6 |  | 5772069 | 5454000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| EATON VANCE LIMITED DURATION | COM | 27828H105 |  | 508740 | 51336 | SH |  | DFND | 1 | 51336 | 0 | 0 |
| BLACKROCK MUNIYILD QULT FD I | COM | 09254F100 |  | 1081557 | 95713 | SH |  | DFND | 1 | 95713 | 0 | 0 |
| ABRDN INCOME CREDIT STRATEGI | COM | 003057106 |  | 1348388 | 249240 | SH |  | DFND | 1 | 249240 | 0 | 0 |
| ASTRONICS CORP | COM | 046433108 |  | 3797 | 70 | SH |  | DFND | 1 | 70 | 0 | 0 |
| NEUBERGER MUN FD INC | COM | 64124P101 |  | 229815 | 22709 | SH |  | DFND | 1 | 22709 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 224740 | 1322 | SH |  | DFND | 1 | 1322 | 0 | 0 |
| ZTO EXPRESS CAYMAN INC | NOTE  1.500% 9/0 | 98980AAB1 |  | 9553822 | 10050000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| AI INFRASTRUCTURE ACQUISI | ORD SHS CL A | G01336109 |  | 9451230 | 950828 | SH |  | DFND | 1 | 950828 | 0 | 0 |
| OMNIAB INC | *W EXP 99/99/999 | 68218J111 |  | 3277 | 27329 | SH |  | DFND | 1 | 27329 | 0 | 0 |
| CALAMOS CONV OPPORTUNITIES | SH BEN INT | 128117108 |  | 328475 | 31343 | SH |  | DFND | 1 | 31343 | 0 | 0 |
| PRINCIPAL REAL ESTATE INCOME | SHS BEN INT | 74255X104 |  | 297677 | 29738 | SH |  | DFND | 1 | 29738 | 0 | 0 |
| EATON VANCE SR FLTNG RTE TR | COM | 27828Q105 |  | 2732843 | 245318 | SH |  | DFND | 1 | 245318 | 0 | 0 |
| BRIDGEBIO PHARMA INC | NOTE  2.250% 2/0 | 10806XAD4 |  | 97078905 | 86250000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| MARRIOTT VACATIONS WORLDWIDE | NOTE  3.250%12/1 | 57164YAF4 |  | 28793038 | 30250000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PELICAN ACQUISITION CORP | SHS | G6993G103 |  | 2747334 | 270660 | SH |  | DFND | 1 | 270660 | 0 | 0 |
| NUVEEN N Y SELECT TAX FREE I | SH BEN INT | 67063V104 |  | 73884 | 6121 | SH |  | DFND | 1 | 6121 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 1470685 | 182241 | SH |  | DFND | 1 | 182241 | 0 | 0 |
| INSEEGO CORP | COM NEW | 45782B302 |  | 1527570 | 148741 | SH |  | DFND | 1 | 148741 | 0 | 0 |
| RAPID7 INC | COM | 753422104 |  | 168978 | 11117 | SH |  | DFND | 1 | 11117 | 0 | 0 |
| POLESTAR AUTOMOTIVE HLDG UK | SPONSORED ADS | 731105409 |  | 4210 | 197 | SH |  | DFND | 1 | 197 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 408360 | 800 | SH |  | DFND | 1 | 800 | 0 | 0 |
| EVGO INC | *W EXP 07/01/202 | 30052F118 |  | 2765 | 36872 | SH |  | DFND | 1 | 36872 | 0 | 0 |
| PIEDMONT REALTY TRUST INC | COM CL A | 720190206 |  | 2843314 | 340925 | SH |  | DFND | 1 | 340925 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 615272 | 700 | SH |  | DFND | 1 | 700 | 0 | 0 |
| UY SCUTI ACQUISITION CORP. | RIGHT 03/03/2030 | G93Y0A112 |  | 33087 | 123000 | SH |  | DFND | 1 | 123000 | 0 | 0 |
| CHAMPIONSGATE ACQUISITION CO | SHS CL A | G2124S108 |  | 4128927 | 405194 | SH |  | DFND | 1 | 405194 | 0 | 0 |
| LAKESHORE ACQUISITION III CO | RIGHT 08/01/2026 | G5353S137 |  | 29907 | 119102 | SH |  | DFND | 1 | 119102 | 0 | 0 |
| OUSTER INC | *W EXP 03/11/202 | 68989M111 |  | 615 | 9633 | SH |  | DFND | 1 | 9633 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 1534740 | 7137 | SH |  | DFND | 1 | 7137 | 0 | 0 |
| RIOT PLATFORMS INC | NOTE  0.750% 1/1 | 767292AB1 |  | 29909158 | 26447000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LEGATO MERGER CORP III | ORD SHS | G5451A103 |  | 3339116 | 306904 | SH |  | DFND | 1 | 306904 | 0 | 0 |
| DYNAMIX CORP | SHS CL A | G2949D104 |  | 140078 | 13613 | SH |  | DFND | 1 | 13613 | 0 | 0 |
| FOLD HLDGS INC | *W EXP 02/14/203 | 29103K118 |  | 23097 | 151951 | SH |  | DFND | 1 | 151951 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 172298 | 6200 | SH |  | DFND | 1 | 6200 | 0 | 0 |
| SBC MED GROUP HLDGS INC | *W EXP 09/17/202 | 73245B115 |  | 13277 | 65406 | SH |  | DFND | 1 | 65406 | 0 | 0 |
| GORILLA TECHNOLOGY GROUP INC | *W EXP 99/99/999 | G4000K118 |  | 3792 | 15078 | SH |  | DFND | 1 | 15078 | 0 | 0 |
| MARA HOLDINGS INC | NOTE         3/0 | 565788AF3 |  | 52077633 | 66400000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SAIHEAT LTD | *W EXP 04/29/202 | G7852T111 |  | 1304 | 30528 | SH |  | DFND | 1 | 30528 | 0 | 0 |
| BIGBEAR AI HLDGS INC | COM | 08975B109 |  | 71512 | 13243 | SH |  | DFND | 1 | 13243 | 0 | 0 |
| NEW HORIZON AIRCRAFT LTD | COM | 64550A107 |  | 15298 | 10407 | SH |  | DFND | 1 | 10407 | 0 | 0 |
| VIRTUS ARTIFICIAL INTELLIGEN | COM | 92838Y100 |  | 3607912 | 165881 | SH |  | DFND | 1 | 165881 | 0 | 0 |
| LIVE OAK ACQUISITION CORP V | CL A SHS | G5509P102 |  | 6863570 | 666366 | SH |  | DFND | 1 | 666366 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | *W EXP 01/23/202 | 21874A114 |  | 3084660 | 364617 | SH |  | DFND | 1 | 364617 | 0 | 0 |
| CENTURION ACQUISITION CORP | SHS CL A | G20315100 |  | 10238963 | 961405 | SH |  | DFND | 1 | 961405 | 0 | 0 |
| YHN ACQUISITION I LTD | RIGHT 08/15/2029 | G1514D127 |  | 20343 | 132961 | SH |  | DFND | 1 | 132961 | 0 | 0 |
| LCI INDS | COM | 50189K103 |  | 391200 | 3224 | SH |  | DFND | 1 | 3224 | 0 | 0 |
| JACKSON ACQUISITION CO II | COM SHS CL A | G4992A110 |  | 10249258 | 983614 | SH |  | DFND | 1 | 983614 | 0 | 0 |
| SCHMID GROUP N.V. | *W EXP 04/30/202 | N68722110 |  | 141306 | 96785 | SH |  | DFND | 1 | 96785 | 0 | 0 |
| SEMTECH CORP | COM | 816850101 |  | 147 | 2 | SH |  | DFND | 1 | 2 | 0 | 0 |
| FASTLY INC | NOTE  7.750% 6/0 | 31188VAD2 |  | 22885411 | 20604000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| FALCONS BEYOND GLOBAL INC | *W EXP 10/06/202 | 306121112 |  | 105331 | 52144 | SH |  | DFND | 1 | 52144 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 339537 | 3300 | SH |  | DFND | 1 | 3300 | 0 | 0 |
| ARMADA ACQUISITION CORP II | COM CL A | G0R38G104 |  | 1057659 | 103287 | SH |  | DFND | 1 | 103287 | 0 | 0 |
| BLACKROCK SCIENCE  TECHNOLO | SHS BEN INT | 09260K101 |  | 2558231 | 113146 | SH |  | DFND | 1 | 113146 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | NOTE  0.500% 6/0 | 01609WBG6 |  | 383663842 | 246742000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| HAEMONETICS CORP MASS | NOTE  2.500% 6/0 | 405024AD2 |  | 70452511 | 67840000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| INSIGHT DIGITAL PARTNERS II | CL A ORD | G4814G105 |  | 2080525 | 209942 | SH |  | DFND | 1 | 209942 | 0 | 0 |
| STONEX GROUP INC | COM | 861896108 |  | 239632 | 2519 | SH |  | DFND | 1 | 2519 | 0 | 0 |
| REDWIRE CORPORATION | COM | 75776W103 |  | 988 | 130 | SH |  | DFND | 1 | 130 | 0 | 0 |
| GROUPON INC | NOTE  4.875% 6/3 | 399473AK3 |  | 20578989 | 23200000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SMURFIT WESTROCK PLC | SHS | G8267P108 |  | 696060 | 18000 | SH |  | DFND | 1 | 18000 | 0 | 0 |
| TASKUS INC | CLASS A COM | 87652V109 |  | 101936 | 8646 | SH |  | DFND | 1 | 8646 | 0 | 0 |
| SAREPTA THERAPEUTICS INC | COM | 803607100 |  | 306380 | 14237 | SH |  | DFND | 1 | 14237 | 0 | 0 |
| NEW ERA ENERGY  DIGITAL INC | *W EXP 12/06/202 | 64428N117 |  | 102168 | 124580 | SH |  | DFND | 1 | 124580 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 3754534 | 24509 | SH |  | DFND | 1 | 24509 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 1568710 | 5500 | SH |  | DFND | 1 | 5500 | 0 | 0 |
| PITNEY BOWES INC | COM | 724479100 |  | 692494 | 65515 | SH |  | DFND | 1 | 65515 | 0 | 0 |
| BRAND ENGAGEMENT NETWORK INC | *W EXP 03/14/202 | 104932116 |  | 500 | 11397 | SH |  | DFND | 1 | 11397 | 0 | 0 |
| SC II ACQUISITION CORP | UNIT 11/06/2030 | G7866D128 |  | 4793683 | 476036 | SH |  | DFND | 1 | 476036 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 477724 | 2451 | SH |  | DFND | 1 | 2451 | 0 | 0 |
| H WORLD GROUP LTD | NOTE  3.000% 5/0 | 44332NAB2 |  | 61336172 | 48010000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SYNTEC OPTICS HLDGS INC | CL A | 87169M105 |  | 764 | 267 | SH |  | DFND | 1 | 267 | 0 | 0 |
| GRABAGUN DIGITAL HLDGS INC | *W EXP 99/99/999 | 38387Q113 |  | 17623 | 46995 | SH |  | DFND | 1 | 46995 | 0 | 0 |
| KOCHAV DEFENSE ACQUI CO | SHS CL A | G5304D106 |  | 4510921 | 444864 | SH |  | DFND | 1 | 444864 | 0 | 0 |
| IB ACQUISITION CORP | COM SHS | 44934N108 |  | 1470000 | 140000 | SH |  | DFND | 1 | 140000 | 0 | 0 |
| TXNM ENERGY INC | NOTE  5.750% 6/0 | 69349HAF4 |  | 10663830 | 7950000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ALEANNA INC | *W EXP 12/13/202 | 01444V111 |  | 7400 | 52300 | SH |  | DFND | 1 | 52300 | 0 | 0 |
| HENNESSY CAP INVT CORP VII | ORD SHS CL A | G4405D107 |  | 151907 | 14677 | SH |  | DFND | 1 | 14677 | 0 | 0 |
| WINTERGREEN ACQUISITION CORP | SHS | G9717M109 |  | 4542620 | 445792 | SH |  | DFND | 1 | 445792 | 0 | 0 |
| STELLAR V CAP CORP | *W EXP 10/15/202 | G8475V111 |  | 55253 | 167485 | SH |  | DFND | 1 | 167485 | 0 | 0 |
| FORTUNA MNG CORP | NOTE  3.750% 6/3 | 349915AE8 |  | 23931982 | 14059000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| WISDOMTREE INC | NOTE  3.250% 6/1 | 97717PAD6 |  | 20759193 | 17925000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CIPHER MINING INC | NOTE  1.750% 5/1 | 17253JAA4 |  | 90182242 | 25825000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CALISA ACQUISITION CORP | ORD SHS | G1771C101 |  | 2964731 | 298563 | SH |  | DFND | 1 | 298563 | 0 | 0 |
| PENGUIN SOLUTIONS INC | NOTE  2.250% 2/1 | 83205YAB0 |  | 13822994 | 13450000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NEWHOLD INVT CORP III | *W EXP 01/30/203 | G6486E110 |  | 5794 | 12867 | SH |  | DFND | 1 | 12867 | 0 | 0 |
| NEW PROVIDENCE ACQUISITION C | USD CL A ORD SHS | G6476A102 |  | 2238794 | 218206 | SH |  | DFND | 1 | 218206 | 0 | 0 |
| DYNAMIX CORP | *W EXP 10/25/202 | G2949D112 |  | 3883 | 1894 | SH |  | DFND | 1 | 1894 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 154 | 1 | SH |  | DFND | 1 | 1 | 0 | 0 |
| EZCORP INC | CL A NON VTG | 302301106 |  | 230884 | 11889 | SH |  | DFND | 1 | 11889 | 0 | 0 |
| NEWHOLD INVT CORP III | ORD SHS CL A | G6486E102 |  | 941610 | 90889 | SH |  | DFND | 1 | 90889 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 834156 | 3029 | SH |  | DFND | 1 | 3029 | 0 | 0 |
| LAFAYETTE ACQUISITION CORP | ORD SHS | G53426105 |  | 2722500 | 275000 | SH |  | DFND | 1 | 275000 | 0 | 0 |
| STRATEGY INC | NOTE  2.250% 6/1 | 594972AN1 |  | 86088933 | 77600000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| IONIS PHARMACEUTICALS INC | NOTE  1.750% 6/1 | 462222AF7 |  | 2976971 | 1873000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NUVEEN VIRGINIA QLTY MUNCPL | COM | 67064R102 |  | 464741 | 41982 | SH |  | DFND | 1 | 41982 | 0 | 0 |
| ALLIANCEBERNSTEIN NATL MUN I | COM | 01864U106 |  | 294261 | 27196 | SH |  | DFND | 1 | 27196 | 0 | 0 |
| NEW PROVIDENCE ACQUISITION C | *W EXP 04/24/203 | G6476A110 |  | 51596 | 102109 | SH |  | DFND | 1 | 102109 | 0 | 0 |
| FUBOTV INC | NOTE  3.250% 2/1 | 35953DAB0 |  | 1998776 | 2000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| VEEA INC | *W EXP 09/13/202 | 693489114 |  | 367 | 4599 | SH |  | DFND | 1 | 4599 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 1086815 | 11724 | SH |  | DFND | 1 | 11724 | 0 | 0 |
| ALLIANCEBERNSTEIN GLOBAL HIG | COM | 01879R106 |  | 1510219 | 141274 | SH |  | DFND | 1 | 141274 | 0 | 0 |
| NEUBERGER NEXT GENERATION | COMMON STOCK | 64133Q108 |  | 3455853 | 239325 | SH |  | DFND | 1 | 239325 | 0 | 0 |
| CYTOKINETICS INC | COM NEW | 23282W605 |  | 349470 | 5500 | SH |  | DFND | 1 | 5500 | 0 | 0 |
| FIRST MAJESTIC SILVER CORP | COM | 32076V103 |  | 4789367 | 287477 | SH |  | DFND | 1 | 287477 | 0 | 0 |
| SHARPLINK GAMING INC | COM NEW | 820014405 |  | 4398248 | 491974 | SH |  | DFND | 1 | 491974 | 0 | 0 |
| NYLI MACKAY DEFINEDTERM MUNI | COM | 56064K100 |  | 1311133 | 88173 | SH |  | DFND | 1 | 88173 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 21561840 | 32665 | SH |  | DFND | 1 | 32665 | 0 | 0 |
| APEX TREAS CORP | ORD SHS CL A | G04104108 |  | 11245652 | 1137073 | SH |  | DFND | 1 | 1137073 | 0 | 0 |
| INTEGER HLDGS CORP | NOTE  2.125% 2/1 | 45826HAB5 |  | 20751698 | 18366000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| AI INFRASTRUCTURE ACQUISI | RIGHT 99/99/9999 | G01336117 |  | 164701 | 633467 | SH |  | DFND | 1 | 633467 | 0 | 0 |
| ESS TECH INC | *W EXP 10/08/202 | 26916J114 |  | 119 | 2334 | SH |  | DFND | 1 | 2334 | 0 | 0 |
| EATON VANCE ENHANCED EQUITY | COM | 278274105 |  | 1670233 | 81237 | SH |  | DFND | 1 | 81237 | 0 | 0 |
| BROOKFIELD REAL ASSETS INCOM | SHS BEN INT | 112830104 |  | 562438 | 43398 | SH |  | DFND | 1 | 43398 | 0 | 0 |
| SHIFT4 PMTS INC | NOTE  0.500% 8/0 | 82452JAD1 |  | 53591870 | 55631000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NUVEEN NASDAQ 100 DYNAMIC OV | COM SHS | 670699107 |  | 834638 | 29265 | SH |  | DFND | 1 | 29265 | 0 | 0 |
| PBF ENERGY INC | CL A | 69318G106 |  | 317331 | 11701 | SH |  | DFND | 1 | 11701 | 0 | 0 |
| ALEANNA INC | COM CL A | 01444V103 |  | 969 | 337 | SH |  | DFND | 1 | 337 | 0 | 0 |
| STARRY SEA ACQUISITION CORP | SHS | G8559L112 |  | 5186984 | 517147 | SH |  | DFND | 1 | 517147 | 0 | 0 |
| VIRTUS DIVIDEND INTEREST  P | COM | 92840R101 |  | 1403425 | 108877 | SH |  | DFND | 1 | 108877 | 0 | 0 |
| QUANTUMSPHERE ACQUISITION CO | ORD SHS | G7387B106 |  | 5757972 | 575222 | SH |  | DFND | 1 | 575222 | 0 | 0 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 844115 | 43601 | SH |  | DFND | 1 | 43601 | 0 | 0 |
| LAKE SUPERIOR ACQUISITION CO | USD CL A ORD SHS | G5354C107 |  | 291618 | 29397 | SH |  | DFND | 1 | 29397 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 318029 | 11035 | SH |  | DFND | 1 | 11035 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 777920 | 5500 | SH |  | DFND | 1 | 5500 | 0 | 0 |
| MFS HIGH INCOME MUN TR | SH BEN INT | 59318D104 |  | 192596 | 52053 | SH |  | DFND | 1 | 52053 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 2546320 | 14000 | SH |  | DFND | 1 | 14000 | 0 | 0 |
| BLUEPORT ACQUISITION LTD | UNIT 10/22/2030 | G1196A128 |  | 1513500 | 150000 | SH |  | DFND | 1 | 150000 | 0 | 0 |
| KOHLS CORP | COM | 500255104 |  | 1244520 | 60976 | SH |  | DFND | 1 | 60976 | 0 | 0 |
| BRUKER CORP | 6.375 PREF SER A | 116794207 |  | 42676169 | 116924 | SH |  | DFND | 1 | 116924 | 0 | 0 |
| COPLEY ACQUISITION CORP | ORD SHS CL A | G24243100 |  | 4847563 | 472012 | SH |  | DFND | 1 | 472012 | 0 | 0 |
| ACTIVATE ENERGY ACQUISITION | UNIT 11/10/2030 | G0081J129 |  | 349825 | 35000 | SH |  | DFND | 1 | 35000 | 0 | 0 |
| XPLR INFRASTRUCTURE LP | COM UNIT PART IN | 65341B106 |  | 2480 | 248 | SH |  | DFND | 1 | 248 | 0 | 0 |
| ABOVE FOOD INGREDIENTS INC | *W EXP 06/28/202 | 00373V118 |  | 9087 | 25963 | SH |  | DFND | 1 | 25963 | 0 | 0 |
| BED BATH  BEYOND INC | *W EXP 10/07/202 | 075896159 |  | 3567 | 5405 | SH |  | DFND | 1 | 5405 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 264393 | 1740 | SH |  | DFND | 1 | 1740 | 0 | 0 |
| BLACKROCK MUNIHLDNGS CALI QL | COM | 09254L107 |  | 405121 | 38219 | SH |  | DFND | 1 | 38219 | 0 | 0 |
| HANCOCK JOHN FINL OPPTYS FD | SH BEN INT NEW | 409735206 |  | 2671272 | 76148 | SH |  | DFND | 1 | 76148 | 0 | 0 |
| IREN LIMITED | NOTE  3.250% 6/1 | 46270CAB5 |  | 42338852 | 17252000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| COHEN  STEERS TAX ADVAN PFD | COM | 19249X108 |  | 561670 | 29087 | SH |  | DFND | 1 | 29087 | 0 | 0 |
| LIVANOVA PLC | NOTE  2.500% 3/1 | 53802LAB8 |  | 4476203 | 3865000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NUVEEN PENNSYLVANIA QLT MUN | COM | 670972108 |  | 336475 | 28299 | SH |  | DFND | 1 | 28299 | 0 | 0 |
| EMPERY DIGITAL INC | COM NEW | 92864V608 |  | 2089528 | 457728 | SH |  | DFND | 1 | 457728 | 0 | 0 |
| BLACKROCK FLOATING RATE INCO | COM | 09255X100 |  | 940020 | 79798 | SH |  | DFND | 1 | 79798 | 0 | 0 |
| CIDARA THERAPEUTICS INC | COM NEW | 171757206 |  | 452824 | 2050 | SH |  | DFND | 1 | 2050 | 0 | 0 |
| NUVEEN CALIF SELECT TAX FREE | SH BEN INT | 67063R103 |  | 197050 | 14928 | SH |  | DFND | 1 | 14928 | 0 | 0 |
| HERITAGE INSURANCE HLDGS INC | NOTE  5.875% 8/0 | 42727JAB8 |  | 1604349 | 820000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BRIGHTHOUSE FINL INC | COM | 10922N103 |  | 2896048 | 44699 | SH |  | DFND | 1 | 44699 | 0 | 0 |
| KENVUE INC | COM | 49177J102 |  | 2464646 | 142878 | SH |  | DFND | 1 | 142878 | 0 | 0 |
| JD.COM INC | NOTE  0.250% 6/0 | 47215PAJ5 |  | 109724505 | 109628000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| DENNYS CORP | COM | 24869P104 |  | 1036034 | 166565 | SH |  | DFND | 1 | 166565 | 0 | 0 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL SILVER | 85207K107 |  | 998077 | 42202 | SH |  | DFND | 1 | 42202 | 0 | 0 |
| KLOTHO NEUROSCIENCES INC | COM | 49876K103 |  | 3691 | 12770 | SH |  | DFND | 1 | 12770 | 0 | 0 |
| EATON VANCE FLTING RATE INC | COM | 278279104 |  | 2378340 | 210659 | SH |  | DFND | 1 | 210659 | 0 | 0 |
| CIMPRESS PLC | SHS EURO | G2143T103 |  | 2179491 | 32730 | SH |  | DFND | 1 | 32730 | 0 | 0 |
| PROASSURANCE CORP | COM | 74267C106 |  | 2258718 | 93490 | SH |  | DFND | 1 | 93490 | 0 | 0 |
| BLACKROCK INVT QUALITY MUN T | COM | 09247D105 |  | 1347326 | 120297 | SH |  | DFND | 1 | 120297 | 0 | 0 |
| CANTOR EQUITY PARTNERS II IN | CL A ORD SHS | G1827P106 |  | 56919 | 5055 | SH |  | DFND | 1 | 5055 | 0 | 0 |
| BLACKROCK MUNIYIELD QUALITY | COM | 09254G108 |  | 1073692 | 106835 | SH |  | DFND | 1 | 106835 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | NOTE  1.125% 2/1 | 00971TAN1 |  | 47610872 | 48138000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ALLSPRING INCOME OPPORTUNIT | INC OPPTY FD | 94987B105 |  | 578965 | 85393 | SH |  | DFND | 1 | 85393 | 0 | 0 |
| GIGCAPITAL8 CORP | ORD CL A | G3864J100 |  | 3823899 | 386643 | SH |  | DFND | 1 | 386643 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 181861 | 2794 | SH |  | DFND | 1 | 2794 | 0 | 0 |
| NOVANTA INC | UNIT 11/01/2028 | 67000B203 |  | 13929649 | 254653 | SH |  | DFND | 1 | 254653 | 0 | 0 |
| VOYA INFRASTRUCTURE INDLS | COM | 92912X101 |  | 299025 | 24311 | SH |  | DFND | 1 | 24311 | 0 | 0 |
| CROWN RESV ACQUISITION CORP | UNIT 10/14/2030 | G2574F101 |  | 5403377 | 535518 | SH |  | DFND | 1 | 535518 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 4920471 | 24081 | SH |  | DFND | 1 | 24081 | 0 | 0 |
| BLACKROCK MUNIYIELD PA QLTY | COM | 09255G107 |  | 880450 | 79463 | SH |  | DFND | 1 | 79463 | 0 | 0 |
| LIGHTWAVE ACQUISITION CORP | USD CL A ORD SHS | G5490M100 |  | 1410035 | 140302 | SH |  | DFND | 1 | 140302 | 0 | 0 |
| ON SEMICONDUCTOR CORP | NOTE  0.500% 3/0 | 682189AU9 |  | 105718796 | 111316000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| UL SOLUTIONS INC | CLASS A COM SHS | 903731107 |  | 3548700 | 45000 | SH |  | DFND | 1 | 45000 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 369558 | 1800 | SH |  | DFND | 1 | 1800 | 0 | 0 |
| SOHO HOUSE  CO INC | COM CL A | 586001109 |  | 1402894 | 156573 | SH |  | DFND | 1 | 156573 | 0 | 0 |
| MCKINLEY ACQUISITION CORP | SHS CL A | G6005T101 |  | 4675950 | 469002 | SH |  | DFND | 1 | 469002 | 0 | 0 |
| ENPRO INC | COM | 29355X107 |  | 30835 | 144 | SH |  | DFND | 1 | 144 | 0 | 0 |
| ARCHIMEDES TECH SPAC PARTNER | ORD SHS | G04537109 |  | 3681467 | 355354 | SH |  | DFND | 1 | 355354 | 0 | 0 |
| PENNYMAC FINL SVCS INC NEW | COM | 70932M107 |  | 173897 | 1319 | SH |  | DFND | 1 | 1319 | 0 | 0 |
| PGIM GLOBAL HIGH YIELD FD FO | COM | 69346J106 |  | 1603583 | 129950 | SH |  | DFND | 1 | 129950 | 0 | 0 |
| WESTERN ASSET HIGH INCOME OP | COM | 95766K109 |  | 2376240 | 640496 | SH |  | DFND | 1 | 640496 | 0 | 0 |
| TAILWIND 2.0 ACQUISITION COR | UNIT 11/07/2030 | G8662J103 |  | 754500 | 75000 | SH |  | DFND | 1 | 75000 | 0 | 0 |
| ARES DYNAMIC CR ALLOCATION F | COM | 04014F102 |  | 1355456 | 101914 | SH |  | DFND | 1 | 101914 | 0 | 0 |
| DYNAMIX CORP III | *W EXP 10/10/203 | G2949T117 |  | 26743 | 74700 | SH |  | DFND | 1 | 74700 | 0 | 0 |
| WESTERN ASSET GBL HIGH INC F | COM | 95766B109 |  | 81324 | 12687 | SH |  | DFND | 1 | 12687 | 0 | 0 |
| COMERICA INC | COM | 200340107 |  | 3773979 | 43414 | SH |  | DFND | 1 | 43414 | 0 | 0 |
| VIRTUS STONE HBR EMRG MKTS I | COM | 86164T107 |  | 94067 | 18927 | SH |  | DFND | 1 | 18927 | 0 | 0 |
| LEMONADE INC | *W EXP 02/09/202 | 52567D115 |  | 713 | 27198 | SH |  | DFND | 1 | 27198 | 0 | 0 |
| PAGAYA TECHNOLOGIES LTD | CL A NEW | M7S64L123 |  | 8423 | 403 | SH |  | DFND | 1 | 403 | 0 | 0 |
| RIVERNORTH MANAGED DUR MUN I | COM | 76882H105 |  | 278284 | 20447 | SH |  | DFND | 1 | 20447 | 0 | 0 |
| BLACKROCK CALIF MUN INCOME T | SH BEN INT | 09248E102 |  | 1161198 | 108119 | SH |  | DFND | 1 | 108119 | 0 | 0 |
| AA MISSION ACQUISITION CORP | ORD SHS CL A | G1000S109 |  | 4835425 | 485387 | SH |  | DFND | 1 | 485387 | 0 | 0 |
| BITWISE SOLANA STAKING ETF | COM SHS OF BENEF | 091948109 |  | 14267246 | 869954 | SH |  | DFND | 1 | 869954 | 0 | 0 |
| ABRDN WORLD HEALTHCARE FUND | BEN INT SHS | 87911L108 |  | 170421 | 13335 | SH |  | DFND | 1 | 13335 | 0 | 0 |
| NUVEEN CR STRATEGIES INCOME | COM SHS | 67073D102 |  | 2076719 | 413689 | SH |  | DFND | 1 | 413689 | 0 | 0 |
| WESTERN ASSET HIGH YIELD OPP | COM | 95768B107 |  | 2253795 | 201953 | SH |  | DFND | 1 | 201953 | 0 | 0 |
| HANCOCK JOHN PREM DIVID FD | COM SH BEN INT | 41013T105 |  | 3303308 | 260103 | SH |  | DFND | 1 | 260103 | 0 | 0 |
| LMP CAP  INCOME FD INC | COM | 50208A102 |  | 2832190 | 191235 | SH |  | DFND | 1 | 191235 | 0 | 0 |
| NUVEEN MUN CR OPPORTUNITIES | COM | 670663103 |  | 101154 | 9888 | SH |  | DFND | 1 | 9888 | 0 | 0 |
| MORGAN STANLEY EMERGING MKTS | COM | 617477104 |  | 256003 | 47146 | SH |  | DFND | 1 | 47146 | 0 | 0 |
| KYIVSTAR GROUP LTD | *W EXP 08/14/203 | G5331N119 |  | 215416 | 60852 | SH |  | DFND | 1 | 60852 | 0 | 0 |
| AA MISSION ACQUISITION CORP | *W EXP 07/23/203 | G1000S125 |  | 41781 | 190000 | SH |  | DFND | 1 | 190000 | 0 | 0 |
| CVR ENERGY INC | COM | 12662P108 |  | 548486 | 21560 | SH |  | DFND | 1 | 21560 | 0 | 0 |
| MFS CHARTER INCOME TR | SH BEN INT | 552727109 |  | 100433 | 16018 | SH |  | DFND | 1 | 16018 | 0 | 0 |
| HELPORT AI LTD | *W EXP 03/31/202 | G4R52R111 |  | 7165 | 45006 | SH |  | DFND | 1 | 45006 | 0 | 0 |
| TRUMP MEDIA  TECHNOLOGY GRO | COM | 25400Q105 |  | 399769 | 30194 | SH |  | DFND | 1 | 30194 | 0 | 0 |
| RIVERNORTH FLEXIBLE MUNI INC | COM | 76883Y107 |  | 10888 | 860 | SH |  | DFND | 1 | 860 | 0 | 0 |
| SOURCE CAPITAL | COM SHS OF BEN I | 836144303 |  | 198644 | 4341 | SH |  | DFND | 1 | 4341 | 0 | 0 |
| NUVEEN MUN HIGH INCOME OPPOR | COM | 670682103 |  | 240341 | 23586 | SH |  | DFND | 1 | 23586 | 0 | 0 |
| JAMF HLDG CORP | COM | 47074L105 |  | 1499663 | 115270 | SH |  | DFND | 1 | 115270 | 0 | 0 |
| EUROPEAN EQUITY FD INC | COM | 298768102 |  | 76498 | 7427 | SH |  | DFND | 1 | 7427 | 0 | 0 |
| GAMCO NAT RES GOLD  INCOME | SH BEN INT | 36465E101 |  | 238005 | 31947 | SH |  | DFND | 1 | 31947 | 0 | 0 |
| NUVEEN VRIABL RAT PFD  INM | COM | 67080R102 |  | 58232 | 3060 | SH |  | DFND | 1 | 3060 | 0 | 0 |
| BLACKROCK N Y MUN INCOME TRU | SH BEN INT | 09248L106 |  | 30420 | 3000 | SH |  | DFND | 1 | 3000 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 701400 | 30000 | SH |  | DFND | 1 | 30000 | 0 | 0 |
| LIGHTWAVE ACQUISITION CORP | *W EXP 06/06/203 | G5490M126 |  | 3409 | 12627 | SH |  | DFND | 1 | 12627 | 0 | 0 |
| RBC BEARINGS INC | COM | 75524B104 |  | 538116 | 1200 | SH |  | DFND | 1 | 1200 | 0 | 0 |
| EMMIS ACQUISITION CORP. | SHS CL A | G3037D105 |  | 4875759 | 490026 | SH |  | DFND | 1 | 490026 | 0 | 0 |
| NYLI CBRE GBL INFR MEGTRNDS | COM | 56064Q107 |  | 3554717 | 258337 | SH |  | DFND | 1 | 258337 | 0 | 0 |
| LAKESHORE ACQUISITION III CO | USD ORD SHS | G5353S103 |  | 3431605 | 336762 | SH |  | DFND | 1 | 336762 | 0 | 0 |
| SES AI CORPORATION | *W EXP 12/10/202 | 78397Q117 |  | 17942 | 94433 | SH |  | DFND | 1 | 94433 | 0 | 0 |
| GUARDANT HEALTH INC | DEBT  1.250% 2/1 | 40131MAD1 |  | 105718512 | 57756000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SURROZEN INC | *W EXP 08/01/203 | 86889P117 |  | 40 | 1977 | SH |  | DFND | 1 | 1977 | 0 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 709020 | 18000 | SH |  | DFND | 1 | 18000 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | NOTE  0.375% 9/0 | 00971TAL5 |  | 1510349 | 1500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| OCULIS HOLDING AG | *W EXP 03/06/202 | H5870P110 |  | 54981 | 6423 | SH |  | DFND | 1 | 6423 | 0 | 0 |
| JOBY AVIATION INC | *W EXP 08/10/202 | G65163118 |  | 109716 | 27706 | SH |  | DFND | 1 | 27706 | 0 | 0 |
| BLOOM ENERGY CORP | NOTE  3.000% 6/0 | 093712AM9 |  | 96507702 | 22757000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| TRAILBLAZER ACQUISITION CORP | *W EXP 09/30/203 | G9009S111 |  | 8001 | 16666 | SH |  | DFND | 1 | 16666 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 4981435 | 155427 | SH |  | DFND | 1 | 155427 | 0 | 0 |
| VSEE HEALTH INC | *W EXP 99/99/999 | 92919Y110 |  | 1420 | 17729 | SH |  | DFND | 1 | 17729 | 0 | 0 |
| ZOOZ STRATEGY LTD | *W EXP 04/02/202 | M2573A197 |  | 34 | 845 | SH |  | DFND | 1 | 845 | 0 | 0 |
| HARVARD AVE ACQUISITION CORP | USD CL A ORD SHS | G4330A103 |  | 2581800 | 260000 | SH |  | DFND | 1 | 260000 | 0 | 0 |
| FUSEMACHINES INC | *W EXP 10/22/203 | 36118R111 |  | 1646 | 26545 | SH |  | DFND | 1 | 26545 | 0 | 0 |
| FLUOR CORP | NOTE  1.125% 8/1 | 343412AJ1 |  | 59348264 | 52034000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NUVEEN GLOBAL HIGH INCOME FD | SHS | 67075G103 |  | 855778 | 67865 | SH |  | DFND | 1 | 67865 | 0 | 0 |
| BLACKROCK MULTI SECTOR INC T | COM | 09258A107 |  | 921527 | 70561 | SH |  | DFND | 1 | 70561 | 0 | 0 |
| INOVIO PHARMACEUTICALS INC | COM SHS | 45773H409 |  | 53070 | 30500 | SH |  | DFND | 1 | 30500 | 0 | 0 |
| SPECIAL OPPORTUNITIES FD INC | COM | 84741T104 |  | 13765 | 937 | SH |  | DFND | 1 | 937 | 0 | 0 |
| DUFF  PHELPS UTLITY AND INF | COM | 26433C105 |  | 375428 | 29538 | SH |  | DFND | 1 | 29538 | 0 | 0 |
| TORTOISE ENERGY INFRA CORP | COM | 89147L886 |  | 44090 | 1078 | SH |  | DFND | 1 | 1078 | 0 | 0 |
| BLACKROCK CR ALLOCATION INCO | COM | 092508100 |  | 2166 | 200 | SH |  | DFND | 1 | 200 | 0 | 0 |
| WESTERN ASSET PREMIER BD FD | SHS BEN INT | 957664105 |  | 29781 | 2700 | SH |  | DFND | 1 | 2700 | 0 | 0 |
| ASHLAND INC | COM | 044186104 |  | 322685 | 5500 | SH |  | DFND | 1 | 5500 | 0 | 0 |
| BLACKROCK MUNIYIELD FD INC | COM | 09253W104 |  | 1005446 | 95848 | SH |  | DFND | 1 | 95848 | 0 | 0 |
| ARRAY TECHNOLOGIES INC | COM SHS | 04271T100 |  | 2288358 | 248195 | SH |  | DFND | 1 | 248195 | 0 | 0 |
| AEROVIRONMENT INC | NOTE         7/1 | 008073AA6 |  | 43553190 | 40053000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NUVEEN S 500 BUY-WRITE INC | COM | 6706ER101 |  | 399708 | 27191 | SH |  | DFND | 1 | 27191 | 0 | 0 |
| CAESARS ENTERTAINMENT INC NE | COM | 12769G100 |  | 2792158 | 119374 | SH |  | DFND | 1 | 119374 | 0 | 0 |
| ODDITY TECH LTD | SHS CL A | M7518J104 |  | 47854 | 1191 | SH |  | DFND | 1 | 1191 | 0 | 0 |
| EMMIS ACQUISITION CORP. | RIGHT 09/12/2030 | G3037D113 |  | 63366 | 418256 | SH |  | DFND | 1 | 418256 | 0 | 0 |
| DYNAMIX CORP III | USD CL A ORD SHS | G2949T109 |  | 1483500 | 150000 | SH |  | DFND | 1 | 150000 | 0 | 0 |
| TRAILBLAZER ACQUISITION CORP | ORD SHS CL A | G9009S103 |  | 500480 | 49998 | SH |  | DFND | 1 | 49998 | 0 | 0 |
| OTG ACQUISITION CORP. I | ORD CL A | G6791A100 |  | 4998000 | 499800 | SH |  | DFND | 1 | 499800 | 0 | 0 |
| ARCHIMEDES TECH SPAC PARTNER | *W EXP 10/15/202 | G04537125 |  | 1933 | 3521 | SH |  | DFND | 1 | 3521 | 0 | 0 |
| PRECISION DRILLING CORP | COM NEW | 74022D407 |  | 57648 | 802 | SH |  | DFND | 1 | 802 | 0 | 0 |
| ARTIUS II ACQUISITION INC | SHS CL A | G0509J115 |  | 547517 | 53157 | SH |  | DFND | 1 | 53157 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 735997 | 10787 | SH |  | DFND | 1 | 10787 | 0 | 0 |
| ANTERO MIDSTREAM CORP | COM | 03676B102 |  | 112949 | 6349 | SH |  | DFND | 1 | 6349 | 0 | 0 |
| PSQ HOLDINGS INC | *W EXP 07/19/202 | 693691115 |  | 11734 | 123513 | SH |  | DFND | 1 | 123513 | 0 | 0 |
| DIGITALBRIDGE GROUP INC | CL A NEW | 25401T603 |  | 420577 | 27417 | SH |  | DFND | 1 | 27417 | 0 | 0 |
| BLACKSKY TECHNOLOGY INC | *W EXP 09/09/202 | 09263B116 |  | 1478 | 28864 | SH |  | DFND | 1 | 28864 | 0 | 0 |
| CAL REDWOOD ACQUISITION CORP | RIGHT 05/15/2030 | G17564116 |  | 6332 | 19554 | SH |  | DFND | 1 | 19554 | 0 | 0 |
| WEBULL CORP | ORD SHS | G9572D103 |  | 168726 | 21715 | SH |  | DFND | 1 | 21715 | 0 | 0 |
| REPUBLIC DIGITAL ACQUISITION | USD CL A ORD SHS | G7515A103 |  | 196334 | 19391 | SH |  | DFND | 1 | 19391 | 0 | 0 |
| PINNACLE WEST CAP CORP | NOTE  4.750% 6/1 | 723484AK7 |  | 21155157 | 19785000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CAL REDWOOD ACQUISITION CORP | COM CL A | G17564108 |  | 3029497 | 297593 | SH |  | DFND | 1 | 297593 | 0 | 0 |
| NEOGENOMICS INC | NOTE  0.250% 1/1 | 64049MAB6 |  | 17097567 | 19196000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| LIONSGATE STUDIOS CORP | COM | 53626N102 |  | 220836 | 24188 | SH |  | DFND | 1 | 24188 | 0 | 0 |
| STARZ ENTERTAINMENT CORP. | COM | 855919106 |  | 224523 | 19190 | SH |  | DFND | 1 | 19190 | 0 | 0 |
| OTG ACQUISITION CORP. I | *W EXP 09/05/203 | G6791A118 |  | 80000 | 250000 | SH |  | DFND | 1 | 250000 | 0 | 0 |
| BLOOM ENERGY CORP | NOTE  3.000% 6/0 | 093712AK3 |  | 24795288 | 5343000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CANTOR EQUITY PARTNERS V INC | SHS CL A S | G1828S109 |  | 1025000 | 100000 | SH |  | DFND | 1 | 100000 | 0 | 0 |
| QUANTUMSPHERE ACQUISITION CO | RIGHT 08/06/2030 | G7387B114 |  | 31515 | 150000 | SH |  | DFND | 1 | 150000 | 0 | 0 |
| GESHER ACQUISITION CORP. II | USD CL A ORD SHS | G3852D107 |  | 2075309 | 202130 | SH |  | DFND | 1 | 202130 | 0 | 0 |
| QUARTZSEA ACQUISITION CORP | ORD SHS | G7314B104 |  | 6163708 | 602513 | SH |  | DFND | 1 | 602513 | 0 | 0 |
| ASA GOLD AND PRECIOUS MTLS L | SHS | G3156P103 |  | 341491 | 5723 | SH |  | DFND | 1 | 5723 | 0 | 0 |
| COHEN  STEERS REAL ESTATE O | SHS BENFIN INT | 19249Q103 |  | 2623009 | 178436 | SH |  | DFND | 1 | 178436 | 0 | 0 |
| FUTURECREST ACQUISITION CORP | UNIT 99/99/9999 | G3730U123 |  | 343347 | 33530 | SH |  | DFND | 1 | 33530 | 0 | 0 |
| VIRTUS CONVERTIBLE  INC FD | COM NEW | 92838U801 |  | 726606 | 52729 | SH |  | DFND | 1 | 52729 | 0 | 0 |
| ENVIRI CORP | COM | 415864107 |  | 3515438 | 196174 | SH |  | DFND | 1 | 196174 | 0 | 0 |
| STRATEGY INC | NOTE        12/0 | 594972AS0 |  | 50452232 | 61500000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 3672955 | 66251 | SH |  | DFND | 1 | 66251 | 0 | 0 |
| XAI MADISON EQUITY PREMIUM I | COM | 557437100 |  | 1168704 | 194784 | SH |  | DFND | 1 | 194784 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 997589 | 32665 | SH |  | DFND | 1 | 32665 | 0 | 0 |
| VOYA GLBL EQTY DIV  PREM OP | COM | 92912T100 |  | 514640 | 89972 | SH |  | DFND | 1 | 89972 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 92216 | 1142 | SH |  | DFND | 1 | 1142 | 0 | 0 |
| VICTORIAS SECRET AND CO | COMMON STOCK | 926400102 |  | 3716387 | 68606 | SH |  | DFND | 1 | 68606 | 0 | 0 |
| YD BIO LTD | SHS | G98301107 |  | 30670 | 2516 | SH |  | DFND | 1 | 2516 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 763800 | 19000 | SH |  | DFND | 1 | 19000 | 0 | 0 |
| SONOCO PRODS CO | COM | 835495102 |  | 349120 | 8000 | SH |  | DFND | 1 | 8000 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 3202206 | 110995 | SH |  | DFND | 1 | 110995 | 0 | 0 |
| LIBERTY ALL STAR EQUITY FD | SH BEN INT | 530158104 |  | 5973806 | 951243 | SH |  | DFND | 1 | 951243 | 0 | 0 |
| GROUPON INC | NOTE  6.250% 3/1 | 399473AH0 |  | 7447434 | 7064000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| CERENCE INC | COM | 156727109 |  | 53610 | 5015 | SH |  | DFND | 1 | 5015 | 0 | 0 |
| BTC DEV CORP | *W EXP 09/11/203 | G0701G117 |  | 3400 | 5000 | SH |  | DFND | 1 | 5000 | 0 | 0 |
| THORNBURG INCM BUILDER OPP T | COM | 885213108 |  | 1404488 | 69875 | SH |  | DFND | 1 | 69875 | 0 | 0 |
| BERTO ACQUISITION CORP | ORD SHS | G1051H101 |  | 339578 | 33489 | SH |  | DFND | 1 | 33489 | 0 | 0 |
| ENCORE CAP GROUP INC | NOTE  4.000% 3/1 | 292554AP7 |  | 21347753 | 19375000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| BERTO ACQUISITION CORP | *W EXP 05/01/203 | G1051H119 |  | 373 | 1008 | SH |  | DFND | 1 | 1008 | 0 | 0 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 12871832 | 433395 | SH |  | DFND | 1 | 433395 | 0 | 0 |
| CHURCHILL CAPITAL CORP IX | CL A SHS | G21301109 |  | 1039614 | 97800 | SH |  | DFND | 1 | 97800 | 0 | 0 |
| BLACKROCK ENHANCED GLOBAL DI | COM | 092501105 |  | 2512017 | 214519 | SH |  | DFND | 1 | 214519 | 0 | 0 |
| BITDEER TECHNOLOGIES GROUP | CL A ORD SHS | G11448100 |  | 2428871 | 216670 | SH |  | DFND | 1 | 216670 | 0 | 0 |
| TITAN ACQUISITION CORP | CL A | G8901A103 |  | 6333939 | 617885 | SH |  | DFND | 1 | 617885 | 0 | 0 |
| TITAN ACQUISITION CORP | *W EXP 05/16/203 | G8901A111 |  | 35271 | 111971 | SH |  | DFND | 1 | 111971 | 0 | 0 |
| QUARTZSEA ACQUISITION CORP | RIGHT 02/18/2030 | G7314B120 |  | 23710 | 118431 | SH |  | DFND | 1 | 118431 | 0 | 0 |
| GESHER ACQUISITION CORP. II | *W EXP 10/31/203 | G3852D115 |  | 8326 | 18503 | SH |  | DFND | 1 | 18503 | 0 | 0 |
| SOULPOWER ACQUISITION CORP | RIGHT 99/99/9999 | G82745137 |  | 52110 | 297771 | SH |  | DFND | 1 | 297771 | 0 | 0 |
| SIZZLE ACQUISITION CORP. II | RIGHT 04/02/2030 | G8193F133 |  | 61920 | 387003 | SH |  | DFND | 1 | 387003 | 0 | 0 |
| TEXAS VENTURES ACQUISITION I | *W EXP 04/23/203 | G8772L113 |  | 7258 | 8065 | SH |  | DFND | 1 | 8065 | 0 | 0 |
| GSR IV ACQUISITION CORP | CL A SHS | G4R12K107 |  | 65664 | 6573 | SH |  | DFND | 1 | 6573 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | SHS CL A | G7490F101 |  | 61107 | 5727 | SH |  | DFND | 1 | 5727 | 0 | 0 |
| BLUE GOLD LTD | COM CL A | G1331C104 |  | 16675 | 8685 | SH |  | DFND | 1 | 8685 | 0 | 0 |
| ORIGIN INVT CORP I | ORD SHS | G67751100 |  | 4827583 | 476093 | SH |  | DFND | 1 | 476093 | 0 | 0 |
| NAMIB MINERALS | *W EXP 06/05/203 | G63638111 |  | 24714 | 344207 | SH |  | DFND | 1 | 344207 | 0 | 0 |
| CANTOR EQUITY PARTNERS IV IN | SHS CL A | G1828E100 |  | 1546852 | 150472 | SH |  | DFND | 1 | 150472 | 0 | 0 |
| OSI SYSTEMS INC | NOTE  2.250% 8/0 | 671044AF2 |  | 10570398 | 7110000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| DAEDALUS SPL ACQUISITION COR | UNIT 11/10/2030 | G2616C124 |  | 502000 | 50000 | SH |  | DFND | 1 | 50000 | 0 | 0 |
| CLOUGH GLOBAL EQUITY FD | COM | 18914C100 |  | 132127 | 17249 | SH |  | DFND | 1 | 17249 | 0 | 0 |
| M3BRIGADE ACQUISITION V CORP | *W EXP 99/99/999 | G63212115 |  | 1409 | 1610 | SH |  | DFND | 1 | 1610 | 0 | 0 |
| SRH TOTAL RETURN FUND INC | COM | 101507101 |  | 661322 | 35670 | SH |  | DFND | 1 | 35670 | 0 | 0 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 |  | 24097 | 21138 | SH |  | DFND | 1 | 21138 | 0 | 0 |
| BTC DEV CORP | ORD SHS CL A | G0701G109 |  | 200200 | 20000 | SH |  | DFND | 1 | 20000 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 338569 | 700 | SH |  | DFND | 1 | 700 | 0 | 0 |
| OPENDOOR TECHNOLOGIES INC | *W EXP 11/20/202 | 683712129 |  | 5724 | 6360 | SH |  | DFND | 1 | 6360 | 0 | 0 |
| OPENDOOR TECHNOLOGIES INC | *W EXP 11/20/202 | 683712145 |  | 13127 | 32867 | SH |  | DFND | 1 | 32867 | 0 | 0 |
| NUVATION BIO INC | *W EXP 02/10/202 | 67080N119 |  | 40564 | 122921 | SH |  | DFND | 1 | 122921 | 0 | 0 |
| OPENDOOR TECHNOLOGIES INC | *W EXP 11/20/202 | 683712137 |  | 9579 | 18410 | SH |  | DFND | 1 | 18410 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 1196250 | 33000 | SH |  | DFND | 1 | 33000 | 0 | 0 |
| SOLARIUS CAPITAL ACQU CORP | SHS CL A | G82617104 |  | 6310978 | 627958 | SH |  | DFND | 1 | 627958 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 90297 | 508 | SH |  | DFND | 1 | 508 | 0 | 0 |
| NUVEEN SELECT MAT MUN FD | SH BEN INT | 67061T101 |  | 42826 | 4600 | SH |  | DFND | 1 | 4600 | 0 | 0 |
| CANTALOUPE INC | COM | 138103106 |  | 3448834 | 324749 | SH |  | DFND | 1 | 324749 | 0 | 0 |
| MILUNA ACQUISITION CORP | USD CL A ORD SHS | G6180J100 |  | 1078595 | 108850 | SH |  | DFND | 1 | 108850 | 0 | 0 |
| ETSY INC | NOTE  0.125% 9/0 | 29786AAL0 |  | 35612439 | 38380000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SAB BIOTHERAPEUTICS INC | *W EXP 10/22/202 | 78397T111 |  | 57 | 1811 | SH |  | DFND | 1 | 1811 | 0 | 0 |
| INNOVIZ TECHNOLOGIES LTD | *W EXP 04/05/202 | M5R635116 |  | 53 | 2634 | SH |  | DFND | 1 | 2634 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A698 |  | 1079799 | 16661 | SH |  | DFND | 1 | 16661 | 0 | 0 |
| COLUMBIA SELIGM PREM TECH GR | COM | 19842X109 |  | 2780883 | 75588 | SH |  | DFND | 1 | 75588 | 0 | 0 |
| YORKVILLE ACQUISITION CORP. | *W EXP 06/06/203 | G98659124 |  | 5666 | 11332 | SH |  | DFND | 1 | 11332 | 0 | 0 |
| AXIOM INTELLIGENCE AC CORP 1 | RIGHT 06/10/2030 | G0750N112 |  | 6724 | 32020 | SH |  | DFND | 1 | 32020 | 0 | 0 |
| JANUS HENDERSON GROUP PLC | ORD SHS | G4474Y214 |  | 144708 | 3042 | SH |  | DFND | 1 | 3042 | 0 | 0 |
| BAIRD MED INVT HLDGS LTD | SHS | G0705H103 |  | 279 | 205 | SH |  | DFND | 1 | 205 | 0 | 0 |
| CLEARWATER ANALYTICS HLDGS I | CL A | 185123106 |  | 906912 | 37600 | SH |  | DFND | 1 | 37600 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 755880 | 1480 | SH |  | DFND | 1 | 1480 | 0 | 0 |
| AXIOM INTELLIGENCE AC CORP 1 | ORD SHS CL A | G0750N104 |  | 1764393 | 175387 | SH |  | DFND | 1 | 175387 | 0 | 0 |
| AVIS BUDGET GROUP | COM | 053774105 |  | 2901828 | 22614 | SH |  | DFND | 1 | 22614 | 0 | 0 |
| D. BORAL ARC ACQ I CORP. | SHS CL A | G2616F101 |  | 11382676 | 1134863 | SH |  | DFND | 1 | 1134863 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 2121600 | 17000 | SH |  | DFND | 1 | 17000 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 3735960 | 6000 | SH |  | DFND | 1 | 6000 | 0 | 0 |
| WESTERN ASSET INVESTMENT GRA | COM | 95766T100 |  | 668479 | 53564 | SH |  | DFND | 1 | 53564 | 0 | 0 |
| FOXX DEV HLDGS INC | *W EXP 09/26/202 | 351665112 |  | 10 | 100 | SH |  | DFND | 1 | 100 | 0 | 0 |
| STARRY SEA ACQUISITION CORP | RIGHT 07/07/2030 | G8559L120 |  | 63488 | 295706 | SH |  | DFND | 1 | 295706 | 0 | 0 |
| EATON VANCE TAX ADVT DIV INC | COM | 27828G107 |  | 1314623 | 52209 | SH |  | DFND | 1 | 52209 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 4526673 | 70476 | SH |  | DFND | 1 | 70476 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 423858 | 12300 | SH |  | DFND | 1 | 12300 | 0 | 0 |
| A PARADISE ACQUISITION CORP | COM CL A | G04819101 |  | 7234181 | 719819 | SH |  | DFND | 1 | 719819 | 0 | 0 |
| VIRTUS TOTAL RETURN FD INC | COM | 92835W107 |  | 540017 | 85717 | SH |  | DFND | 1 | 85717 | 0 | 0 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL PLATINU | 85207Q104 |  | 2615909 | 155339 | SH |  | DFND | 1 | 155339 | 0 | 0 |
| ALLSPRING UTILITIES AND HIGH | WF UTILITIES INC | 94987E109 |  | 31429 | 2659 | SH |  | DFND | 1 | 2659 | 0 | 0 |
| HALL CHADWICK ACQUISITION CO | UNIT 11/20/2030 | G42386121 |  | 1002000 | 100000 | SH |  | DFND | 1 | 100000 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 1176164 | 72963 | SH |  | DFND | 1 | 72963 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 1332630 | 6500 | SH |  | DFND | 1 | 6500 | 0 | 0 |
| CSLM DIGITA ASSET ACQ CORP I | *W EXP 08/28/203 | G2584S119 |  | 18472 | 52777 | SH |  | DFND | 1 | 52777 | 0 | 0 |
| TRI CONTL CORP | COM | 895436103 |  | 194588 | 5958 | SH |  | DFND | 1 | 5958 | 0 | 0 |
| WIX COM LTD | SHS | M98068105 |  | 395717 | 3809 | SH |  | DFND | 1 | 3809 | 0 | 0 |
| GLADSTONE CAP CORP | NOTE  5.875%10/0 | 376535AG5 |  | 3164882 | 3250000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| SILVER PEGASUS ACQUISITION C | SHS CL A | G8192J102 |  | 2785102 | 276026 | SH |  | DFND | 1 | 276026 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 2440500 | 12500 | SH |  | DFND | 1 | 12500 | 0 | 0 |
| M3-BRIGADE ACQUISITION VI CO | ORD SHS CL A | G63221108 |  | 3199980 | 319998 | SH |  | DFND | 1 | 319998 | 0 | 0 |
| BED BATH  BEYOND INC | COM | 690370101 |  | 1245 | 228 | SH |  | DFND | 1 | 228 | 0 | 0 |
| GRAYSCALE CHAINLINK TR ETF | SHS | 38963V106 |  | 157879 | 14492 | SH |  | DFND | 1 | 14492 | 0 | 0 |
| GAMCO GLOBAL GOLD NAT RES | COM SH BEN INT | 36465A109 |  | 3171687 | 614668 | SH |  | DFND | 1 | 614668 | 0 | 0 |
| POST HLDGS INC | NOTE  2.500% 8/1 | 737446AT1 |  | 8842172 | 8200000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| PROCAP ACQUISITION CORP | SHS CL A | G7257A105 |  | 2082323 | 205560 | SH |  | DFND | 1 | 205560 | 0 | 0 |
| M3-BRIGADE ACQUISITION VI CO | *W EXP 08/18/203 | G63221116 |  | 39466 | 106666 | SH |  | DFND | 1 | 106666 | 0 | 0 |
| SOLARIUS CAPITAL ACQU CORP | *W EXP 07/10/203 | G82617112 |  | 26352 | 94080 | SH |  | DFND | 1 | 94080 | 0 | 0 |
| NMP ACQUISITION CORP | RIGHT 06/27/2030 | G6375X112 |  | 104754 | 521162 | SH |  | DFND | 1 | 521162 | 0 | 0 |
| A PARADISE ACQUISITION CORP | RIGHT 07/29/2025 | G04819119 |  | 118426 | 473706 | SH |  | DFND | 1 | 473706 | 0 | 0 |
| COHEN CIRCLE ACQUISIT CORP I | SHS CL A | G2254C121 |  | 1433600 | 140000 | SH |  | DFND | 1 | 140000 | 0 | 0 |
| COHEN CIRCLE ACQUISIT CORP I | *W EXP 07/01/203 | G2254C113 |  | 24496 | 35000 | SH |  | DFND | 1 | 35000 | 0 | 0 |
| ORIGIN INVT CORP I | *W EXP 06/27/203 | G67751126 |  | 14392 | 75000 | SH |  | DFND | 1 | 75000 | 0 | 0 |
| WEARABLE DEVICES LTD | SHS | M97838201 |  | 256 | 225 | SH |  | DFND | 1 | 225 | 0 | 0 |
| BLACKSTONE LONG SHORT CR INC | COM SHS BN INT | 09257D102 |  | 2270727 | 194745 | SH |  | DFND | 1 | 194745 | 0 | 0 |
| RENEW ENERGY GLOBAL PLC | CL A SHS | G7500M104 |  | 34465 | 6100 | SH |  | DFND | 1 | 6100 | 0 | 0 |
| SNOWFLAKE INC | NOTE        10/0 | 833445AB5 |  | 33544185 | 22567000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 968661 | 2762 | SH |  | DFND | 1 | 2762 | 0 | 0 |
| ITHAX ACQUISITION CORP III | UNIT 11/17/2030 | G4977S128 |  | 1995000 | 200000 | SH |  | DFND | 1 | 200000 | 0 | 0 |
| M3BRIGADE ACQUISITION V CORP | CL A | G63212107 |  | 124392 | 11702 | SH |  | DFND | 1 | 11702 | 0 | 0 |
| MFS MULTIMARKET INCOME TR | SH BEN INT | 552737108 |  | 123323 | 26521 | SH |  | DFND | 1 | 26521 | 0 | 0 |
| SOLARIUS CAPITAL ACQU CORP | UNIT 07/10/2030 | G82617120 |  | 2547500 | 250000 | SH |  | DFND | 1 | 250000 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 268141 | 4293 | SH |  | DFND | 1 | 4293 | 0 | 0 |
| RANGE CAP ACQUISITION CORP I | *W EXP 09/29/203 | G7375J111 |  | 10546 | 32955 | SH |  | DFND | 1 | 32955 | 0 | 0 |
| RANGE CAP ACQUISITION CORP I | CL A ORD SHS | G7375J103 |  | 657782 | 65910 | SH |  | DFND | 1 | 65910 | 0 | 0 |
| MESHFLOW ACQUISITION CORP | UNIT 11/19/2030 | G6032N127 |  | 600000 | 60000 | SH |  | DFND | 1 | 60000 | 0 | 0 |
| BITCOIN INFRASTRUCTURE ACQUI | UNIT 11/06/2030 | G1143H127 |  | 3087600 | 310000 | SH |  | DFND | 1 | 310000 | 0 | 0 |
| CHURCHILL CAP CORP XI | UNIT 12/10/2030 | G2131A124 |  | 204200 | 20000 | SH |  | DFND | 1 | 20000 | 0 | 0 |
| TWELVE SEAS INVT CO III | UNIT 11/21/2030 | G9145D127 |  | 1480560 | 148800 | SH |  | DFND | 1 | 148800 | 0 | 0 |
| DRUGS MADE IN AMER ACQ II CO | RIGHT 09/16/2030 | G2851K112 |  | 70708 | 505057 | SH |  | DFND | 1 | 505057 | 0 | 0 |
| BNY MELLON HIGH YIELD STRATE | SH BEN INT | 09660L105 |  | 606824 | 244687 | SH |  | DFND | 1 | 244687 | 0 | 0 |
| DRUGS MADE IN AMER ACQ II CO | USD ORD SHS | G2851K104 |  | 10521453 | 1062773 | SH |  | DFND | 1 | 1062773 | 0 | 0 |
| WESTERN AST INFL LKD OPP  I | COM | 95766R104 |  | 240443 | 27991 | SH |  | DFND | 1 | 27991 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 491824 | 16803 | SH |  | DFND | 1 | 16803 | 0 | 0 |
| NEW AMER ACQUISITION I CORP | UNIT 99/99/9999 | 023634207 |  | 1639575 | 157500 | SH |  | DFND | 1 | 157500 | 0 | 0 |
| STONEBRIDGE ACQUISITION II C | RIGHT 09/09/2030 | G85096116 |  | 28909 | 173730 | SH |  | DFND | 1 | 173730 | 0 | 0 |
| CHENGHE ACQUISITION III CO | ORD SHS CL A | G2086N105 |  | 2375223 | 238237 | SH |  | DFND | 1 | 238237 | 0 | 0 |
| CHENGHE ACQUISITION III CO | *W EXP 09/09/203 | G2086N121 |  | 22930 | 114650 | SH |  | DFND | 1 | 114650 | 0 | 0 |
| GALATA ACQUISITION CORP II | ORD SHS CL A | G3R25N108 |  | 321648 | 32294 | SH |  | DFND | 1 | 32294 | 0 | 0 |
| GALATA ACQUISITION CORP II | *W EXP 09/12/203 | G3R25N116 |  | 114 | 284 | SH |  | DFND | 1 | 284 | 0 | 0 |
| GIGCAPITAL8 CORP | RIGHT 09/30/2030 | G3864J118 |  | 119838 | 386573 | SH |  | DFND | 1 | 386573 | 0 | 0 |
| APEX TREAS CORP | *W EXP 10/07/203 | G04104124 |  | 34712 | 125000 | SH |  | DFND | 1 | 125000 | 0 | 0 |
| VIKING ACQUISITION CORP I | ORD CL A | G9582G104 |  | 989990 | 99999 | SH |  | DFND | 1 | 99999 | 0 | 0 |
| VIKING ACQUISITION CORP I | *W EXP 11/03/203 | G9582G112 |  | 14000 | 33333 | SH |  | DFND | 1 | 33333 | 0 | 0 |
| INSIGHT DIGITAL PARTNERS II | *W EXP 10/28/203 | G4814G113 |  | 320 | 971 | SH |  | DFND | 1 | 971 | 0 | 0 |
| NEW GOLD INC CDA | COM | 644535106 |  | 2402218 | 275800 | SH |  | DFND | 1 | 275800 | 0 | 0 |
| EATON VANCE TAX MNGED BUY WR | COM | 27828X100 |  | 473370 | 31000 | SH |  | DFND | 1 | 31000 | 0 | 0 |
| BLACKROCK LTD DURATION INCOM | COM SHS | 09249W101 |  | 338471 | 24634 | SH |  | DFND | 1 | 24634 | 0 | 0 |
| ALLSPRING MULTI SECTOR INCOM | COM | 94987D101 |  | 241456 | 25963 | SH |  | DFND | 1 | 25963 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 369450 | 1500 | SH |  | DFND | 1 | 1500 | 0 | 0 |
| CONFLUENT INC | CLASS A COM | 20717M103 |  | 2697468 | 89202 | SH |  | DFND | 1 | 89202 | 0 | 0 |
| BLACKROCK ESG CAP ALLC TERM | SHS BEN INT | 09262F100 |  | 1312960 | 85368 | SH |  | DFND | 1 | 85368 | 0 | 0 |
| ALEXANDER  BALDWIN INC NEW | COM | 014491104 |  | 417898 | 20247 | SH |  | DFND | 1 | 20247 | 0 | 0 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 116163599 | 3075552 | SH |  | DFND | 1 | 3075552 | 0 | 0 |
| INDIA FD INC | COM | 454089103 |  | 806559 | 58830 | SH |  | DFND | 1 | 58830 | 0 | 0 |
| JOHN HANCOCK DIVERSIFIED INC | COM | 47804L102 |  | 511464 | 47578 | SH |  | DFND | 1 | 47578 | 0 | 0 |
| BLUEROCK ACQUISITION CORP | UNIT 11/06/2030 | G1352R121 |  | 500000 | 50000 | SH |  | DFND | 1 | 50000 | 0 | 0 |
| IRON HORSE ACQUISIT CORP II | UNIT 07/11/2030 | 46283H202 |  | 1988006 | 199900 | SH |  | DFND | 1 | 199900 | 0 | 0 |
| EQV VENTURES AC CORP. II | UNIT 06/30/2032 | G3106Q110 |  | 6474242 | 640380 | SH |  | DFND | 1 | 640380 | 0 | 0 |
| ASTRONICS CORP | NOTE  5.500% 3/1 | 046433AD0 |  | 5138650 | 2000000 | PRN |  | DFND | 1 | 0 | 0 | 0 |
| NUVEEN S 500 DYNAMIC OVERW | COM | 6706EW100 |  | 14035 | 778 | SH |  | DFND | 1 | 778 | 0 | 0 |
| COHEN  STEERS INFRASTRUCTUR | COM | 19248A109 |  | 867116 | 35965 | SH |  | DFND | 1 | 35965 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 507975 | 2500 | SH |  | DFND | 1 | 2500 | 0 | 0 |
| CLOUGH GLOBAL DIVID  INCOME | COM | 18913Y103 |  | 51384 | 8607 | SH |  | DFND | 1 | 8607 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 54356 | 548 | SH |  | DFND | 1 | 548 | 0 | 0 |
| BLACKROCK MUNIYIELD QUALITY | COM | 09254E103 |  | 31349 | 2884 | SH |  | DFND | 1 | 2884 | 0 | 0 |
| BLUE ACQUISITION CORP. | ORD SHS CL A | G1331A108 |  | 10006 | 980 | SH |  | DFND | 1 | 980 | 0 | 0 |
| CRESCENT ENERGY COMPANY | CL A COM | 44952J104 |  | 859992 | 102502 | SH |  | DFND | 1 | 102502 | 0 | 0 |
| RIVERNORTH FLEXIBLE MUN INCO | COM | 76883H104 |  | 72197 | 5168 | SH |  | DFND | 1 | 5168 | 0 | 0 |
| EATON VANCE CALIF MUN INCOM | SH BEN INT | 27826F101 |  | 110360 | 10992 | SH |  | DFND | 1 | 10992 | 0 | 0 |
| BLACKROCK LONG-TERM MUN ADVA | COM | 09250B103 |  | 248704 | 26800 | SH |  | DFND | 1 | 26800 | 0 | 0 |
| SEQUANS COMMUNICATIONS S A | SPONSORED ADS | 817323405 |  | 1336942 | 297760 | SH |  | DFND | 1 | 297760 | 0 | 0 |
| BITWISE XRP ETF | BENEFICIAL INT | 09174F107 |  | 30780 | 1500 | SH |  | DFND | 1 | 1500 | 0 | 0 |
| CANARY CAPITAL GROUP LLX | CANARY HBAR ETF | 136945102 |  | 31051 | 2123 | SH |  | DFND | 1 | 2123 | 0 | 0 |
| GRAYSCALE DOGECOIN TR ETF | SHS | 389923103 |  | 49387 | 3586 | SH |  | DFND | 1 | 3586 | 0 | 0 |
| MFS INTER HIGH INCOME FD | SH BEN INT | 59318T109 |  | 12395 | 7291 | SH |  | DFND | 1 | 7291 | 0 | 0 |
| FG NEXUS INC. | COM NEW | 30329Y304 |  | 465025 | 169100 | SH |  | DFND | 1 | 169100 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 1109640 | 21000 | SH |  | DFND | 1 | 21000 | 0 | 0 |
| ALLSPRING GLOBAL DIVIDEND OP | COM | 94987C103 |  | 375983 | 64491 | SH |  | DFND | 1 | 64491 | 0 | 0 |
| NUVEEN MASSACHUSETS QLT MUN | COM | 67061E104 |  | 131439 | 11601 | SH |  | DFND | 1 | 11601 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 44110 | 182 | SH |  | DFND | 1 | 182 | 0 | 0 |
| NUVEEN SELECT TAX-FREE INCOM | SH BEN INT | 67062F100 |  | 436071 | 30927 | SH |  | DFND | 1 | 30927 | 0 | 0 |
| AMICUS THERAPEUTICS INC | COM | 03152W109 |  | 346260 | 24316 | SH |  | DFND | 1 | 24316 | 0 | 0 |
| CLOUGH GLOBAL OPPORTUNITIES | SH BEN INT | 18914E106 |  | 196108 | 34648 | SH |  | DFND | 1 | 34648 | 0 | 0 |
| KOREA FD INC | COM NEW | 500634209 |  | 439436 | 12099 | SH |  | DFND | 1 | 12099 | 0 | 0 |
| BLACKROCK VA MUN BD TR | COM | 092481100 |  | 46649 | 4464 | SH |  | DFND | 1 | 4464 | 0 | 0 |
| CHENGHE ACQUISITION II CO | *W EXP 05/30/203 | G71604113 |  | 0 | 8541 | SH |  | DFND | 1 | 8541 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 458700 | 55000 | SH |  | DFND | 1 | 55000 | 0 | 0 |
| SEMLER SCIENTIFIC INC | COM | 81684M104 |  | 2115096 | 138332 | SH |  | DFND | 1 | 138332 | 0 | 0 |
| HUB CYBER SECURITY LTD | SHS NEW | M6000J168 |  | 4 | 10 | SH |  | DFND | 1 | 10 | 0 | 0 |

---