# EDGAR Filing Document

**Accession Number:** 0000828803
**File Stem:** 0001049169-25-001153
**Filing Date:** 2025-12
**Character Count:** 318196
**Document Hash:** b5ffa44de64dea2eace95a651fdd29d2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001049169-25-001153.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0001049169-25-001153

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251230

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Saba Capital Income & Opportunities Fund II
- **CENTRAL INDEX KEY:** 0000828803

**ORGANIZATION NAME:**
- **EIN:** 222864496
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05459
- **FILM NUMBER:** 251612594

**BUSINESS ADDRESS:**
- **STREET 1:** 300 S.E. 2ND STREET
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33301-1923
- **BUSINESS PHONE:** 9545277500

**MAIL ADDRESS:**
- **STREET 1:** 300 S.E. 2ND STREET
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33301-1923

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TEMPLETON GLOBAL INCOME FUND
- **DATE OF NAME CHANGE:** 20041029

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TEMPLETON GLOBAL INCOME FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Saba Capital Income & Opportunities Fund II

- **b. Investment Company Act file number:** 811-05459

- **c. CIK number of Registrant:** 0000828803

- **d. LEI of Registrant:** QU1AAXOSV5K4OVMXJP19

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 405 Lexington Avenue 58th Floor

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10174

  - **Telephone number:** 212-542-4644

**Item A.2. Information about the Series.**

- **a. Name of Series:** Saba Capital Income & Opportunities Fund II

- **c. LEI of Series:** QU1AAXOSV5K4OVMXJP19

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $869705376.15

**Total Liabilities:** $596319441.02

**Net Assets:** $273385935.13

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 3.88237000 | **5-Year:** 363.95983100 | **10-Year:** 713.65761500 | **30-Year:** 77628.48253500

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 138.40773900 | **1-Year:** 851.85829136 | **5-Year:** 53614.63342072 | **10-Year:** 254.95559465 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.34%               | -0.56%               | -2.98%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4148747.21              | $-3058719.82                               |
| Month 2  | $564111.76               | $-966327.06                                |
| Month 3  | $-110404.37              | $-3965466.67                               |

**Designated Index Information**

- **Index Name:** Markit iBoxx USD Liquid High Yield Index

- **Index Identifier:** IBOXHY

### Schedule of Portfolio Investments

| Name                                                                             | Title                                                                            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Vertical Aerospace Ltd                                                           | Vertical Aerospace, Ltd.                                                         | CUSIP: G9471C131<br>LEI: 9845002F3CF4E56DA491 | N/A              | DE               | CORP              | GB        |    249443 | NC      | $816826.05    | 0.30%             |  |  |  | No            | 3                  | On Loan: No      |
| Nuveen Municipal High Income Opportunity Fund                                    | Nuveen Municipal High Income Opportunity Fund                                    | CUSIP: 670682103<br>LEI: BN7VUB6JBYC7TTWZRZ58 | Short            | EC               | RF                | US        |     -1406 | NS      | $-14973.90    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Evolution Ab                                                                     | Evolution AB                                                                     | CUSIP: N/A<br>LEI: 549300SUH6ZR1RF6TA88       | Long             | EC               | CORP              | SE        |     16104 | NS      | $1076735.96   | 0.39%             |  |  |  | Yes           | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: GBP 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $656882.00    | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Mitie Group PLC TRS                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-65315.10    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Visa Inc                                                                         | Visa, Inc.                                                                       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Short            | EC               | CORP              | US        |      -144 | NS      | $-49066.56    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.Crew                                                                           | J.Crew 9/24 TLB 1L                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5077348 | PA      | $4352556.99   | 1.59%             | 2031-09-17      | Floating      | 10.31%                | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Sdp Ln Trs:0791887                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $5017.01      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Nemetschek SE TRS                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | DE        |         1 | NC      | $-265108.29   | -0.10%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | HMS Networks AB TRS                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | SE        |         1 | NC      | $-297958.37   | -0.11%            |  |  |  | No            | 2                  | On Loan: No      |
| Insulet Corp                                                                     | Insulet Corp.                                                                    | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Short            | EC               | CORP              | US        |      -751 | NS      | $-235070.51   | -0.09%            |  |  |  | No            | 1                  | On Loan: No      |
| Herald Investment Trust Plc                                                      | Herald Investment Trust PLC                                                      | CUSIP: G4410F105<br>LEI: 213800U7G1ROCTJYRR70 | Long             | EC               | RF                | GB        |     36669 | NS      | $1206708.33   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Wkp Ln Trs:b67g5x0                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $1037474.23   | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| Avepoint Inc                                                                     | AvePoint, Inc.                                                                   | CUSIP: 053604104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -5242 | NS      | $-73754.94    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Range Capital Acquisition Corp II Class B                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      8914 | NS      | $89140.00     | 0.03%             |  |  |  | No            | 3                  | On Loan: No      |
| Paysafe Ltd                                                                      | Paysafe, Ltd.                                                                    | CUSIP: G6964L206<br>LEI: 2138003K6PVDCI5TBN11 | Short            | EC               | CORP              | BM        |     -4008 | NS      | $-44128.08    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Graco Inc                                                                        | Graco, Inc.                                                                      | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Short            | EC               | CORP              | US        |     -3732 | NS      | $-305165.64   | -0.11%            |  |  |  | No            | 1                  | On Loan: No      |
| CANTOR EQUITY PARTNERS I                                                         | CANTOR EQUITY PARTNERS I..Project Enigma PIPE Cnv                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      1182 | PA      | $1182000.00   | 0.43%             | 2030-07-01      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Osb Ln Trs:bldrh36                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-84155.69    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Gama Ln Trs:bqs10j5                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-135655.17   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| New Holland Special Opportunities Aggregator LP                                  | New Holland Special Opportunities Aggregator LP                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      4066 | NS      | $4467759.93   | 1.63%             |  |  |  | No            | N/A                | On Loan: No      |
| Kulicke & Soffa Industries Inc                                                   | Kulicke & Soffa Industries, Inc.                                                 | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Short            | EC               | CORP              | US        |     -1681 | NS      | $-67122.33    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Renatus Tactical Acquisition Corp I                                              | Renatus Tactical Acquisition Corp. I                                             | CUSIP: G7490F101<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      5464 | NS      | $60705.04     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Coupang Inc                                                                      | Coupang, Inc.                                                                    | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Short            | EC               | CORP              | US        |     -5277 | NS      | $-168705.69   | -0.06%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | TD.TR BROKER SWEEP                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |  21945559 | NS      | $21945558.53  | 8.03%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Hsl Ln Trs:0906506                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $1941144.55   | 0.71%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Baillie Gifford UK Growth Trust PLC                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $61828.96     | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Blackrock Esg Capital Allocation Term Trust                                      | BlackRock ESG Capital Allocation Term Trust                                      | CUSIP: 09262F100<br>LEI: 549300EWOI5G0PSVIX17 | Long             | EC               | RF                | US        |     64390 | NS      | $1050200.90   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Ferrari Nv                                                                       | Ferrari NV                                                                       | CUSIP: N3167Y103<br>LEI: 549300RIVY5EX8RCON76 | Short            | EC               | CORP              | NL        |      -426 | NS      | $-172082.70   | -0.06%            |  |  |  | No            | 1                  | On Loan: No      |
| Alliant Energy Corp                                                              | Alliant Energy Corp.                                                             | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Short            | EC               | CORP              | US        |      -627 | NS      | $-41896.14    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Boston Scientific Corp                                                           | Boston Scientific Corp.                                                          | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Short            | EC               | CORP              | US        |       -52 | NS      | $-5237.44     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Gp-act Iii Acquisition Corp                                                      | GP-Act III Acquisition Corp Class B Warrants                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | KY        |     21362 | NC      | $5957.86      | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Equifax Inc                                                                      | Equifax, Inc.                                                                    | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Short            | EC               | CORP              | US        |     -1130 | NS      | $-238543.00   | -0.09%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Amrq Ln Trs:bplh6m8                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $315299.06    | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| Globant Sa                                                                       | Globant SA                                                                       | CUSIP: L44385109<br>LEI: 2221008DCMSPYS42DS88 | Short            | EC               | CORP              | LU        |      -615 | NS      | $-37871.70    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Mondi PLC TRS                                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-57174.42    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ng/ Ln Trs:bdr05c0                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-101792.93   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Chs/community Health Sys                                                         | CHS/Community Health Systems, Inc.                                               | CUSIP: 12543DBQ2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   1692000 | PA      | $1794577.50   | 0.66%             | 2034-01-15      | Fixed         | 9.75%                 | Yes           | 2                  | On Loan: No      |
| Lam Research Corp                                                                | Lam Research Corp.                                                               | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Short            | EC               | CORP              | US        |      -291 | NS      | $-45820.86    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Critical Metals Corp                                                             | Critical Metals Corp.                                                            | CUSIP: G2662B103<br>LEI: 984500158752F66VAE27 | Short            | EC               | CORP              | VG        |    -33513 | NS      | $-433658.22   | -0.16%            |  |  |  | No            | 1                  | On Loan: No      |
| Watts Water Technologies Inc                                                     | Watts Water Technologies, Inc.                                                   | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Short            | EC               | CORP              | US        |      -204 | NS      | $-55610.40    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ipu Ln Trs:b1fl3c7                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $296717.59    | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Philip Morris International Inc                                                  | Philip Morris International, Inc.                                                | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Short            | EC               | CORP              | US        |       -75 | NS      | $-10824.75    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| MI7 Founders, LLC                                                                | MI7 Founders, LLC (MBAV) Class A Warrants                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |    236458 | NC      | $378332.80    | 0.14%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Grow Ln Trs:by7qyj5                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $1093950.92   | 0.40%             |  |  |  | No            | 2                  | On Loan: No      |
| Applovin Corp                                                                    | AppLovin Corp.                                                                   | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Short            | EC               | CORP              | US        |      -256 | NS      | $-163156.48   | -0.06%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Weibo Corp. TRS                                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |         1 | NC      | $1958400.00   | 0.72%             |  |  |  | No            | 2                  | On Loan: No      |
| Spring Valley Acquisition Corp Iii                                               | Spring Valley Acquisition Corp. III                                              | CUSIP: G8377R119<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      2501 | NC      | $2250.90      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Fannie Mae                                                                       | FNMA, Series 23-52, Class IO                                                     | CUSIP: 3136BQQE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6168297 | PA      | $1224543.25   | 0.45%             | 2051-05-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Dynamix Corp Iii                                                                 | Dynamix Corp. III                                                                | CUSIP: G2949T125<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      9635 | NS      | $97602.55     | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Xtao Inc                                                                         | XTAO, Inc.                                                                       | CUSIP: G9T27M103<br>LEI: 254900JJUD4X8PHAKB45 | Long             | EC               | CORP              | KY        |    184195 | NS      | $213666.20    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Atlas Copco AB TRS                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | SE        |         1 | NC      | $-107550.54   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Akero Therapeutics Inc                                                           | Akero Therapeutics, Inc.                                                         | CUSIP: 00973Y108<br>LEI: 549300SI3KG74LBE2955 | Short            | EC               | CORP              | US        |     -1390 | NS      | $-75338.00    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Gsct Ln Trs:bklxd97                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $504207.49    | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| China Evergrande Group                                                           | China Evergrande Group                                                           | CUSIP: N/A<br>LEI: 549300CUF7B1LAB15T90       | Long             | DBT              | CORP              | KY        |  57621000 | PA      | $1152420.00   | 0.42%             | 2025-06-28      | Fixed         | 8.75%                 | No            | 2                  | On Loan: No      |
| Oxley Bridge Holdings LLC                                                        | Oxley Bridge Holdings LLC Class B                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    160330 | NS      | $25652.80     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| Clean Harbors Inc                                                                | Clean Harbors, Inc.                                                              | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Short            | EC               | CORP              | US        |      -319 | NS      | $-67152.69    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | M&G PLC TRS                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-84914.18    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 01/16/26 P6520                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        51 | NC      | $481644.00    | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Ether Reserve LLC                                                                | Ether Reserve LLC Equity PIPE                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     59091 | NS      | $590908.40    | 0.22%             |  |  |  | No            | 3                  | On Loan: No      |
| Spotify Technology Sa                                                            | Spotify Technology SA                                                            | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Short            | EC               | CORP              | LU        |      -713 | NS      | $-467243.16   | -0.17%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Serica Energy PLC TRS                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-102748.66   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| New Providence Acquisition Corp Iii                                              | New Providence Holdings III, LLC CL A                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     15759 | NS      | $37191.24     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| Oyster Enterprises II LLC                                                        | Oyster Enterprises II LLC CL A                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    134995 | NS      | $539.98       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Gabelli Healthcare & Wellnessrx Trust/the                                        | Gabelli Healthcare & WellnessRx Trust                                            | CUSIP: 36246K103<br>LEI: 549300XULWZNLHFTG832 | Long             | EC               | RF                | US        |     23912 | NS      | $222381.60    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Apex Treasury Corp                                                               | Apex Treasury Corp.                                                              | CUSIP: G04104116<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     16517 | NS      | $167152.04    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Gp-act Iii Acquisition Corp                                                      | GP-Act III Acquisition Corp Class A Sponsor Shares                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     17094 | NS      | $28546.98     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| Trailblazer Acquisition Corp                                                     | Trailblazer Acquisition Corp.                                                    | CUSIP: G9009S129<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     23471 | NS      | $242924.85    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: GBP 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $8635428.00   | 3.16%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | SDCL Efficiency Income Trust PLC TRS                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $2837229.17   | 1.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Weibo Corp                                                                       | Weibo Corp.                                                                      | CUSIP: 948596101<br>LEI: 549300Q9ID4640FE0422 | Long             | EC               | CORP              | KY        |    119257 | NS      | $1297516.16   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| EGH Sponsor LLC                                                                  | EGH Sponsor LLC, Cl B                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      7312 | NS      | $14550.88     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| Uniqure Nv                                                                       | uniQure NV                                                                       | CUSIP: N90064101<br>LEI: 724500RPCTZLFYJZ3S98 | Short            | EC               | CORP              | NL        |     -2850 | NS      | $-192916.50   | -0.07%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Divi Ln Trs:b65tlw2                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $911699.73    | 0.33%             |  |  |  | No            | 2                  | On Loan: No      |
| Shopify Inc                                                                      | Shopify, Inc.                                                                    | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Short            | EC               | CORP              | CA        |     -4462 | NS      | $-774849.18   | -0.28%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | CEA Industries, Inc warrents                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     23342 | NC      | $10503.90     | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Bny Mellon Municipal Bond Infrastructure Fund Inc                                | BNY Mellon Municipal Bond Infrastructure Fund, Inc.                              | CUSIP: 09662W109<br>LEI: 5493003OUY2BKGFZ2414 | Long             | EC               | RF                | US        |       343 | NS      | $3704.40      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Arlo Technologies Inc                                                            | Arlo Technologies, Inc.                                                          | CUSIP: 04206A101<br>LEI: 549300T4EUX2OQ75HV52 | Short            | EC               | CORP              | US        |     -8264 | NS      | $-159825.76   | -0.06%            |  |  |  | No            | 1                  | On Loan: No      |
| Medpace Holdings Inc                                                             | Medpace Holdings, Inc.                                                           | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Short            | EC               | CORP              | US        |      -419 | NS      | $-245077.29   | -0.09%            |  |  |  | No            | 1                  | On Loan: No      |
| Direxion Daily Robotics Artificial Intelligence & Automation Index Bull 2x Share | Direxion Daily Robotics Artificial Intelligence & Automation Index Bull 2X Share | CUSIP: 25460G823<br>LEI: 549300T7PQ41I2T80K11 | Long             | EC               | RF                | US        |     13958 | NS      | $393336.44    | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Quantalx SAFE                                                                    | CUSIP: QUANTALX2<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       328 | NS      | $327670.00    | 0.12%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Enav SpA TRS                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | IT        |         1 | NC      | $-35161.30    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Spring Valley Acquisition Corp Iii                                               | Spring Valley Acquisition Corp. III                                              | CUSIP: G8377R101<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      7505 | NS      | $78652.40     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: SEK 01/08/2026                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-1479540.00  | -0.54%            |  |  |  | No            | 2                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 11/21/25 P6265                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        32 | NC      | $28480.00     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Webster Financial Corp                                                           | Webster Financial Corp.                                                          | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Short            | EC               | CORP              | US        |     -2066 | NS      | $-117844.64   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Dnlm Ln Trs:b1ckq73                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-111078.86   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Graphic Packaging Holding Co                                                     | Graphic Packaging Holding Co.                                                    | CUSIP: 388689101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -1956 | NS      | $-31276.44    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 01/16/26 P6680                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        58 | NC      | $689040.00    | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Bgs Ln Trs:bfxyh24                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $71369.69     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Gsf Ln Trs:bg0p0v7                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $345770.44    | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ihp Ln Trs:bd45sh4                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-192733.94   | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Gbg Ln Trs:0687061                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-185241.89   | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Mercantile Investment Trust PLC                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $3071748.66   | 1.12%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Prv Ln Trs:0696368                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-4900.65     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Radware Ltd                                                                      | Radware, Ltd.                                                                    | CUSIP: M81873107<br>LEI: 254900LYRZOTBQ99ZG59 | Short            | EC               | CORP              | IL        |     -2749 | NS      | $-70456.87    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Prologis Inc                                                                     | Prologis, Inc.                                                                   | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Short            | EC               | CORP              | US        |      -168 | NS      | $-20847.12    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae REMICS                                                                | CUSIP: 3136BWCN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  15171025 | PA      | $632399.61    | 0.23%             | 2055-06-25      | Floating      | 0.82%                 | No            | 2                  | On Loan: No      |
| Sizzle Acquisition Corp Ii                                                       | Sizzle II VO Sponsor II, LLC Class A                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     72306 | NS      | $112074.30    | 0.04%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Chg Ln Trs:b45c9x4                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-291283.72   | -0.11%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | ASML Holding NV TRS                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | NL        |         1 | NC      | $-240221.19   | -0.09%            |  |  |  | No            | 2                  | On Loan: No      |
| Tribeca Global Natural Resources Ltd                                             | Tribeca Global Natural Resources, Ltd.                                           | CUSIP: Q9217M103<br>LEI: 549300BYPPXY2BGKOZ26 | Long             | EC               | CORP              | AU        |      1796 | NS      | $2409.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 01/16/26 P6505                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        46 | NC      | $417680.00    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: EUR 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $2658513.00   | 0.97%             |  |  |  | No            | 2                  | On Loan: No      |
| Msci Inc                                                                         | MSCI, Inc.                                                                       | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Short            | EC               | CORP              | US        |      -523 | NS      | $-307811.65   | -0.11%            |  |  |  | No            | 1                  | On Loan: No      |
| China Evergrande Group                                                           | China Evergrande Group                                                           | CUSIP: ZS0897679<br>LEI: 549300CUF7B1LAB15T90 | Long             | DBT              | CORP              | KY        |   4572000 | PA      | $91440.00     | 0.03%             | 2024-04-11      | Fixed         | 10.50%                | No            | 2                  | On Loan: No      |
| AEYE HEALTH INC                                                                  | AEYE Health, Inc. SAFE                                                           | CUSIP: AEYESAFE2<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       225 | NS      | $224992.00    | 0.08%             |  |  |  | No            | 3                  | On Loan: No      |
| Cohen Circle Sponsor II                                                          | Cohen Circle Sponsor II, LLC Class A                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     34290 | NS      | $102184.20    | 0.04%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Rmii Ln Trs:bymtbg5                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $205244.78    | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Natera Inc                                                                       | Natera, Inc.                                                                     | CUSIP: 632307104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |      -142 | NS      | $-28248.06    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Kla Corp                                                                         | KLA Corp.                                                                        | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Short            | EC               | CORP              | US        |       -78 | NS      | $-94281.72    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                                                      | Jpn Yen Currency Fut                                                             | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DFE              | CORP              | US        |       -15 | NC      | $-1221843.75  | -0.45%            |  |  |  | No            | 1                  | On Loan: No      |
| LightWave Founders                                                               | LightWave Founders Class A                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    160720 | NS      | $642.88       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Ormat Technologies Inc                                                           | Ormat Technologies, Inc.                                                         | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Short            | EC               | CORP              | US        |     -1139 | NS      | $-121155.43   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Global Infrastructure Etf                                                | iShares Global Infrastructure ETF                                                | CUSIP: 464288372<br>LEI: 549300ZC2N3HUK3DTK30 | Short            | EC               | RF                | US        |     -7524 | NS      | $-458964.00   | -0.17%            |  |  |  | No            | 1                  | On Loan: No      |
| Alphabet Inc                                                                     | Alphabet, Inc.                                                                   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Short            | EC               | CORP              | US        |      -313 | NS      | $-88012.47    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Soulpower Acquisition Corp                                                       | Soulpower Acquisition Sponsor LLC Class A                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    120459 | NS      | $196348.17    | 0.07%             |  |  |  | No            | 3                  | On Loan: No      |
| Monday.com Ltd                                                                   | Monday.com, Ltd.                                                                 | CUSIP: M7S64H106<br>LEI: 984500MDAFVD86E3B328 | Short            | EC               | CORP              | IL        |      -159 | NS      | $-32633.16    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Hcm Iii Acquisition Corp                                                         | HCM III Acquisition Corp.                                                        | CUSIP: G4365E103<br>LEI: 529900X6CMNA2LN6C461 | Long             | EC               | CORP              | KY        |     28419 | NS      | $291863.13    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Morgan Stanley                                                                   | Recv Fn 5.5 12/23 Tba Cfd                                                        | CUSIP: TRF0526C1<br>LEI: N/A                  | N/A              | DCR              | CORP              | US        |         1 | NC      | $-51269.75    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Corpay Inc                                                                       | Corpay, Inc.                                                                     | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Short            | EC               | CORP              | US        |      -207 | NS      | $-53892.45    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: JPY 01/08/2026                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-1580961.00  | -0.58%            |  |  |  | No            | 2                  | On Loan: No      |
| Etoro Group Ltd                                                                  | Etoro Group, Ltd.                                                                | CUSIP: G32089107<br>LEI: 213800XPRPJK2X5QRG86 | Long             | EC               | CORP              | US        |      5788 | NS      | $214503.28    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: GBP 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-1051011.00  | -0.38%            |  |  |  | No            | 2                  | On Loan: No      |
| Allfunds Group Plc                                                               | Allfunds Group PLC                                                               | CUSIP: N/A<br>LEI: 9598005U8TZQ8Q64SC71       | Long             | EC               | CORP              | GB        |    176372 | NS      | $1341742.11   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Verisk Analytics Inc                                                             | Verisk Analytics, Inc.                                                           | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Short            | EC               | CORP              | US        |     -1201 | NS      | $-262730.76   | -0.10%            |  |  |  | No            | 1                  | On Loan: No      |
| Pembina Pipeline Corp                                                            | Pembina Pipeline Corp.                                                           | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Short            | EC               | CORP              | CA        |     -2220 | NS      | $-83985.03    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Elm Ln Trs:0241854                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-67851.91    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Arbutus Biopharma Corp                                                           | Arbutus Biopharma Corp.                                                          | CUSIP: 03879J100<br>LEI: 25490064CESONAUIAS23 | Long             | EC               | CORP              | CA        |     62570 | NS      | $295956.10    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Liberty Media Corp-liberty Formula One                                           | Liberty Media Corp.-Liberty Formula One                                          | CUSIP: 531229755<br>LEI: 549300ZKUTPIBZLWLL89 | Short            | EC               | CORP              | US        |     -1740 | NS      | $-173739.00   | -0.06%            |  |  |  | No            | 1                  | On Loan: No      |
| Pioneer Acquisition 1 Sponsor Holdco LLC                                         | Pioneer Acquisition 1 Sponsor Holdco LLC CLASS A                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    137148 | NS      | $548.59       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Argenx SE TRS                                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | NL        |         1 | NC      | $-317189.39   | -0.12%            |  |  |  | No            | 2                  | On Loan: No      |
| Snap Inc                                                                         | Snap, Inc.                                                                       | CUSIP: 83304A106<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | EC               | CORP              | US        |    182547 | NS      | $1423866.60   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Insight Digital Partners Ii                                                      | Insight Digital Partners II                                                      | CUSIP: G4814G121<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     10829 | NS      | $109914.35    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Rice Acquisition Corp 3                                                          | Rice Acquisition Corp. 3                                                         | CUSIP: G7553X122<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      2186 | NS      | $23827.40     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Delivery Hero SE TRS                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | DE        |         1 | NC      | $-68314.95    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Asl Ln Trs:0006655                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $14331.24     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Verizon Communications Inc                                                       | Verizon Communications, Inc.                                                     | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Short            | EC               | CORP              | US        |      -650 | NS      | $-25831.00    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Rr Donnelley & Sons Co                                                           | RR Donnelley & Sons Co.                                                          | CUSIP: 257867BK6<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |   2572000 | PA      | $2600935.00   | 0.95%             | 2029-08-01      | Fixed         | 10.88%                | Yes           | 2                  | On Loan: No      |
| Jpmorgan Us Treasury Plus Money Market Fund                                      | JPMorgan US Treasury Plus Money Market Fund                                      | CUSIP: 4812C2734<br>LEI: 549300WIC5LVF25Z1127 | Long             | STIV             | RF                | US        |  23059741 | NS      | $23059741.39  | 8.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Axiom Intelligence Holdings 1 LLC                                                | Axiom Intelligence Holdings 1 LLC Class B                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     13715 | NS      | $21669.70     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| Gabelli Dividend & Income Trust/the                                              | Gabelli Dividend & Income Trust                                                  | CUSIP: 36242H104<br>LEI: 549300082N1MHBT8NI60 | Long             | EC               | RF                | US        |     55298 | NS      | $1499128.78   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Moncler SpA TRS                                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | IT        |         1 | NC      | $-427534.38   | -0.16%            |  |  |  | No            | 2                  | On Loan: No      |
| Baidu Inc                                                                        | Baidu, Inc.                                                                      | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | KY        |      8833 | NS      | $1067644.71   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Celestica Inc                                                                    | Celestica, Inc.                                                                  | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Short            | EC               | CORP              | CA        |     -3523 | NS      | $-1213603.04  | -0.44%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Kingspan Group PLC TRS                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | IE        |         1 | NC      | $-89244.33    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Ishares Russell 1000 Value Etf                                                   | iShares Russell 1000 Value ETF                                                   | CUSIP: 464287598<br>LEI: 549300KLSYN5NN4YNM90 | Short            | EC               | RF                | US        |       -96 | NS      | $-19638.72    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Columbus Circle 1 Sponsor Corp LLC                                               | Columbus Circle 1 Sponsor Corp LLC CL B                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      2946 | NS      | $15098.25     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| Vanguard Ftse Emerging Markets Etf                                               | Vanguard FTSE Emerging Markets ETF                                               | CUSIP: 922042858<br>LEI: 549300UR5XWDVDO7NP96 | Short            | EC               | RF                | US        |    -95064 | NS      | $-5225668.08  | -1.91%            |  |  |  | No            | 1                  | On Loan: No      |
| Range Capital Acquisition Corp Ii                                                | Range Capital Acquisition Corp. II                                               | CUSIP: G7375J129<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     27017 | NS      | $275573.40    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Pct Ln Trs:0422002                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $4673838.97   | 1.71%             |  |  |  | No            | 2                  | On Loan: No      |
| Cytokinetics Inc                                                                 | Cytokinetics, Inc.                                                               | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Short            | EC               | CORP              | US        |      -667 | NS      | $-42414.53    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ccc Ln Trs:bv9fp30                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-68448.76    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Virtus Dividend Interest & Premium Strategy Fund                                 | Virtus Dividend Interest & Premium Strategy Fund                                 | CUSIP: 92840R101<br>LEI: 549300535GECAFITZP67 | Long             | EC               | RF                | US        |     14430 | NS      | $185569.80    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Scholar Rock Holding Corp                                                        | Scholar Rock Holding Corp.                                                       | CUSIP: 80706P103<br>LEI: 549300Z1FLPGL4OWJ459 | Short            | EC               | CORP              | US        |     -1360 | NS      | $-40283.20    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Oxig Ln Trs:0665045                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-119478.78   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| CEA Industries, Inc                                                              | CEA Industries, Inc PIPE                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     23342 | NS      | $281737.94    | 0.10%             |  |  |  | No            | 3                  | On Loan: No      |
| Red Violet Inc                                                                   | Red Violet, Inc.                                                                 | CUSIP: 75704L104<br>LEI: 549300T4EGADG881UU63 | Short            | EC               | CORP              | US        |     -1492 | NS      | $-80015.96    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Reply SpA TRS                                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | IT        |         1 | NC      | $-130069.97   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| Vertex Inc                                                                       | Vertex, Inc.                                                                     | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |     39234 | NS      | $898458.60    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Iii Ln Trs:b1yw440                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-97917.79    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Incyte Corp                                                                      | Incyte Corp.                                                                     | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Short            | EC               | CORP              | US        |      -757 | NS      | $-70764.36    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Perimeter Acquisition Corp I                                                     | Perimeter Acquisition Corp. I                                                    | CUSIP: G7010A111<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     33393 | NC      | $29853.34     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | EDP Renovaveis SA TRS                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | ES        |         1 | NC      | $-67406.85    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Sanofi Sa                                                                        | Sanofi SA                                                                        | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | N/A              | DE               | CORP              | FR        |     -5225 | NC      | $0.00         | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| New Providence Acquisition Corp Iii                                              | New Providence Holdings III, LLC CL A                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    126069 | NS      | $57991.74     | 0.02%             |  |  |  | No            | 3                  | On Loan: No      |
| China Evergrande Group                                                           | China Evergrande Group                                                           | CUSIP: AM9155384<br>LEI: 549300CUF7B1LAB15T90 | Long             | DBT              | CORP              | KY        |  16395000 | PA      | $327900.00    | 0.12%             | 2026-03-23      | Fixed         | 8.25%                 | No            | 2                  | On Loan: No      |
| Pioneer Acquisition 1 Sponsor Holdco LLC                                         | Pioneer Acquisition 1 Sponsor Holdco LLC CLASS B                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    171435 | NS      | $171435.00    | 0.06%             |  |  |  | No            | 3                  | On Loan: No      |
| Tlgy Acquisition Corp                                                            | TLGY Acquisition Corp.                                                           | CUSIP: G8656T125<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     30000 | NC      | $45600.00     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Biomarin Pharmaceutical Inc                                                      | BioMarin Pharmaceutical, Inc.                                                    | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Short            | EC               | CORP              | US        |      -794 | NS      | $-42534.58    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | SigmaRoc PLC TRS                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-146755.59   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| BEEHERO LTD                                                                      | G-ILS Transporation, Ltd.                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |      2000 | NS      | $1417280.00   | 0.52%             |  |  |  | No            | 3                  | On Loan: No      |
| Sim Acquisition Corp I                                                           | SIM Acquisition Corp. I                                                          | CUSIP: G8431T119<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     12138 | NC      | $3520.02      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Boralex Inc                                                                      | Boralex, Inc.                                                                    | CUSIP: 09950M300<br>LEI: 5493004UT7HNQU2SVR90 | Short            | EC               | CORP              | CA        |     -2617 | NS      | $-52543.38    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Health Care Select Sector Spdr Fund                                              | Health Care Select Sector SPDR Fund                                              | CUSIP: 81369Y209<br>LEI: 549300EJNY3KKJHPOY44 | Short            | EC               | RF                | US        |      -159 | NS      | $-22935.75    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | RIT Capital Partners PLC TRS                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $2090170.26   | 0.76%             |  |  |  | No            | 2                  | On Loan: No      |
| Altice Usa Inc                                                                   | Altice USA, Inc.                                                                 | CUSIP: 02156K103<br>LEI: 54930064K3612MGCER95 | Long             | EC               | CORP              | US        |    105696 | NS      | $235702.08    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Blue Holdings Sponsor                                                            | Blue Holdings Sponsor Class B                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     13715 | NS      | $22492.60     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| Digital Asset Acquisition Corp                                                   | Digital Asset Acquisition Corp.                                                  | CUSIP: G2868C111<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     29467 | NC      | $22120.88     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Jet2 Ln Trs:b1722w1                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-172285.86   | -0.06%            |  |  |  | No            | 2                  | On Loan: No      |
| Repligen Corp                                                                    | Repligen Corp.                                                                   | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Short            | EC               | CORP              | US        |      -472 | NS      | $-70356.32    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Fan Ln Trs:bn3zz52                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-213832.91   | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| Ceva Inc                                                                         | CEVA, Inc.                                                                       | CUSIP: 157210105<br>LEI: 529900G9T7CVU2J2VU73 | Short            | EC               | CORP              | US        |     -2406 | NS      | $-65467.26    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ajb Ln Trs:bfznlb6                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-132332.58   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| Terrestrial Energy Inc                                                           | Terrestrial Energy, Inc.                                                         | CUSIP: 881454110<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      5046 | NC      | $36093.53     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: GBP 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $46073686.00  | 16.85%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ipo Ln Trs:b128j45                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |         1 | NC      | $1112442.77   | 0.41%             |  |  |  | No            | 2                  | On Loan: No      |
| Brookfield Corp                                                                  | Brookfield Corp.                                                                 | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Short            | EC               | CORP              | CA        |     -3147 | NS      | $-144919.35   | -0.05%            |  |  |  | No            | 1                  | On Loan: No      |
| Ai Infrastructure Acquisition Corp                                               | AI Infrastructure Acquisition Corp.                                              | CUSIP: G01336125<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      5542 | NS      | $56223.59     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Aberdeen Diversified Income and Growth Trust PLC                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $1552545.01   | 0.57%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: CAD 01/08/2026                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-1430936.00  | -0.52%            |  |  |  | No            | 2                  | On Loan: No      |
| AEYE HEALTH INC                                                                  | AEYE Health, Inc. Warrants 2                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |         4 | NC      | $4500.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Adams Natural Resources Fund Inc                                                 | Adams Natural Resources Fund, Inc.                                               | CUSIP: 00548F105<br>LEI: 549300LPTQAH0G3NGD42 | Long             | EC               | RF                | US        |     24652 | NS      | $529031.92    | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: EUR 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-491247.00   | -0.18%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Hils Ln Trs:0427030                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-259321.34   | -0.09%            |  |  |  | No            | 2                  | On Loan: No      |
| 1rt Acquisition Corp                                                             | 1RT Acquisition Corp.                                                            | CUSIP: G6757R113<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      5929 | NC      | $5988.29      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Varonis Systems Inc                                                              | Varonis Systems, Inc.                                                            | CUSIP: 922280102<br>LEI: 549300SHIVNRRH7STS26 | Short            | EC               | CORP              | US        |     -2905 | NS      | $-102343.15   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| American Exceptionalism Acquisition Corp A                                       | American Exceptionalism Acquisition Corp. A                                      | CUSIP: G0273J101<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      4327 | NS      | $49976.85     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Newhold Investment Corp Iii                                                      | NewHold Investment Corp III Sponsor Shs Class B                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      8378 | NS      | $13823.70     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| Eli Lilly & Co                                                                   | Eli Lilly & Co.                                                                  | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Short            | EC               | CORP              | US        |       -14 | NS      | $-12080.04    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Intercontinental Exchange Inc                                                    | Intercontinental Exchange, Inc.                                                  | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Short            | EC               | CORP              | US        |     -1584 | NS      | $-231723.36   | -0.08%            |  |  |  | No            | 1                  | On Loan: No      |
| Credo Technology Group Holding Ltd                                               | Credo Technology Group Holding, Ltd.                                             | CUSIP: G25457105<br>LEI: N/A                  | Short            | EC               | CORP              | KY        |      -535 | NS      | $-100376.70   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| Axsome Therapeutics Inc                                                          | Axsome Therapeutics, Inc.                                                        | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Short            | EC               | CORP              | US        |      -312 | NS      | $-42116.88    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Grid Ln Trs:bfx3k77                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $70104.78     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| ICE Futures Europe Financials                                                    | FTSE 100 IDX Future                                                              | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | N/A              | DE               | CORP              | GB        |        -9 | NC      | $-1152297.00  | -0.42%            |  |  |  | No            | 1                  | On Loan: No      |
| Voyager Technologies Inc                                                         | Voyager Technologies, Inc.                                                       | CUSIP: 92892B103<br>LEI: 254900DDCLSP240FE187 | Long             | EC               | CORP              | US        |      7299 | NS      | $223203.42    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| China Evergrande Group                                                           | China Evergrande Group                                                           | CUSIP: ZS0897661<br>LEI: 549300CUF7B1LAB15T90 | Long             | DBT              | CORP              | KY        |   7568000 | PA      | $151360.00    | 0.06%             | 2049-12-31      | Fixed         | 10.00%                | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | SGS SA TRS                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | CH        |         1 | NC      | $-55852.77    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Titan Acquisition Corp                                                           | Titan Acquisition Sponsor Holdco, LLC Class A                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     72306 | NS      | $98336.16     | 0.04%             |  |  |  | No            | 3                  | On Loan: No      |
| Morgan Stanley                                                                   | Recv Inch Ln Trs:b61tvq0                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-79831.53    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Advanced Micro Devices Inc                                                       | Advanced Micro Devices, Inc.                                                     | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Short            | EC               | CORP              | US        |      -628 | NS      | $-160843.36   | -0.06%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Bab Ln Trs:0969703                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-148993.71   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| Commscope Holding Co Inc                                                         | CommScope Holding Co., Inc.                                                      | CUSIP: 20337X109<br>LEI: 254900AW4CEPCQWSRI58 | Long             | EC               | CORP              | US        |     27687 | NS      | $478985.10    | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Ferrovial SE TRS                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | ES        |         1 | NC      | $-59971.64    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Pia At Trs:byw6809                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | AU        |         1 | NC      | $504465.60    | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| Netflix Inc                                                                      | Netflix, Inc.                                                                    | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Short            | EC               | CORP              | US        |      -475 | NS      | $-531458.50   | -0.19%            |  |  |  | No            | 1                  | On Loan: No      |
| Cme Group Inc                                                                    | CME Group, Inc.                                                                  | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Short            | EC               | CORP              | US        |      -241 | NS      | $-63983.09    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Modivcare Inc                                                                    | ModivCare, Inc.                                                                  | CUSIP: 60783LAC4<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | LON              | CORP              | US        |    954417 | PA      | $415567.65    | 0.15%             | 2031-07-01      | Floating      | 2.00%                 | No            | 2                  | On Loan: No      |
| Draftkings Inc                                                                   | DraftKings, Inc.                                                                 | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Short            | EC               | CORP              | US        |     -3335 | NS      | $-102017.65   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Srp Ln Trs:0797379                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-220658.40   | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| Cogent Communications Holdings Inc                                               | Cogent Communications Holdings, Inc.                                             | CUSIP: 19239V302<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -1415 | NS      | $-58368.75    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | AddTech AB TRS                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | SE        |         1 | NC      | $-133643.43   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| Abrdn Life Sciences Investors                                                    | abrdn Life Sciences Investors                                                    | CUSIP: 87911K100<br>LEI: 5493007BYZPSOVVS0M04 | Long             | EC               | RF                | US        |     86043 | NS      | $1527263.25   | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Scottish American Investment Co. PLC TRS                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $111934.08    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Eqv Ventures Acquisition Corp                                                    | EQV Ventures Acquisition Corp.                                                   | CUSIP: G3106N117<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     22723 | NC      | $14088.26     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Amc Entertainment Hldgs                                                          | AMC Entertainment Holdings, Inc.                                                 | CUSIP: 00164CAD7<br>LEI: 549300ZO77UNR6NRBR11 | Long             | LON              | CORP              | US        |   1562334 | PA      | $1568106.73   | 0.57%             | 2029-01-04      | Floating      | 11.03%                | No            | 2                  | On Loan: No      |
| Us Treasury N/b                                                                  | U.S. Treasury Bond                                                               | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        | -57643000 | PA      | $-58422079.73 | -21.37%           | 2035-08-15      | Fixed         | 4.25%                 | No            | 1                  | On Loan: No      |
| Ptc Inc                                                                          | PTC, Inc.                                                                        | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Short            | EC               | CORP              | US        |      -422 | NS      | $-83783.88    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Walt Disney Co                                                                   | Walt Disney Co.                                                                  | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Short            | EC               | CORP              | US        |      -659 | NS      | $-74216.58    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Chipotle Mexican Grill Inc                                                       | Chipotle Mexican Grill, Inc.                                                     | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4736 | NS      | $150083.84    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Diversified United Investment Ltd                                                | Diversified United Investment, Ltd.                                              | CUSIP: Q3212S108<br>LEI: 254900ENGLQ9SQJJCR84 | Long             | EC               | CORP              | AU        |    159966 | NS      | $558915.46    | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | JP.CS BROKER SWEEP                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |  31149950 | NS      | $31149949.94  | 11.39%            |  |  |  | No            | 1                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 01/16/26 P6500                                              | CUSIP: 43V994A74<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |        59 | NC      | $514008.00    | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Shopify Inc                                                                      | Shopify, Inc.                                                                    | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Short            | EC               | CORP              | CA        |      -694 | NS      | $-120658.84   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| Cantor Equity Partners Ii Inc                                                    | Cantor Equity Partners II, Inc.                                                  | CUSIP: G1827P106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     20257 | NS      | $240248.02    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Sharps Technology INC                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    130557 | NS      | $751591.84    | 0.27%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Att Ln Trs:bng2m15                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $2839627.28   | 1.04%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Snam SpA TRS                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | ES        |         1 | NC      | $-57223.60    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Genuit Group PLC TRS                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-62377.14    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Oddity Tech Ltd                                                                  | Oddity Tech, Ltd.                                                                | CUSIP: M7518J104<br>LEI: 254900QH12XZS53G0V57 | Short            | EC               | CORP              | IL        |     -9055 | NS      | $-409738.75   | -0.15%            |  |  |  | No            | 1                  | On Loan: No      |
| Datadog Inc                                                                      | Datadog, Inc.                                                                    | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Short            | EC               | CORP              | US        |      -805 | NS      | $-131062.05   | -0.05%            |  |  |  | No            | 1                  | On Loan: No      |
| Ethzilla Corp                                                                    | Ethzilla Corp.                                                                   | CUSIP: 68236V401<br>LEI: 98450063A2D8EF54EB11 | Long             | EC               | CORP              | US        |     30994 | NS      | $608722.16    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Sonnet BioTherapeutics Holdings, Inc                                             | Sonnet BioTherapeutics Holdings, Inc                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    283636 | NS      | $354545.01    | 0.13%             |  |  |  | No            | 3                  | On Loan: No      |
| Oyster Enterprises II LLC                                                        | Oyster Enterprises II LLC CL B                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     16874 | NS      | $154903.32    | 0.06%             |  |  |  | No            | 3                  | On Loan: No      |
| Aurora Innovation Inc                                                            | Aurora Innovation, Inc.                                                          | CUSIP: 051774107<br>LEI: 984500AB2E0D9F7D9D76 | Short            | EC               | CORP              | US        |    -33683 | NS      | $-176498.92   | -0.06%            |  |  |  | No            | 1                  | On Loan: No      |
| Eog Resources Inc                                                                | EOG Resources, Inc.                                                              | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Short            | EC               | CORP              | US        |       -12 | NS      | $-1270.08     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Jfrog Ltd                                                                        | JFrog, Ltd.                                                                      | CUSIP: M6191J100<br>LEI: 2549002N8E00AY49G567 | Short            | EC               | CORP              | IL        |     -1866 | NS      | $-88597.68    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Cvsg Ln Trs:b286382                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-113690.78   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ent Ln Trs:b5vqmv6                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-43096.33    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Geo Group Inc/the                                                                | GEO Group, Inc.                                                                  | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |     13938 | NS      | $236527.86    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Idex Corp                                                                        | IDEX Corp.                                                                       | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Short            | EC               | CORP              | US        |     -1126 | NS      | $-193063.96   | -0.07%            |  |  |  | No            | 1                  | On Loan: No      |
| Bentley Systems Inc                                                              | Bentley Systems, Inc.                                                            | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Short            | EC               | CORP              | US        |     -1221 | NS      | $-62063.43    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Qualys Inc                                                                       | Qualys, Inc.                                                                     | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Short            | EC               | CORP              | US        |     -2247 | NS      | $-276965.22   | -0.10%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Coats Group PLC TRS                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-76144.35    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Level 3 Financing Inc                                                            | Level 3 Financing, Inc.                                                          | CUSIP: 527298CF8<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   1291800 | PA      | $1164234.75   | 0.43%             | 2030-10-15      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| Lineage Inc                                                                      | Lineage, Inc.                                                                    | CUSIP: 53566V106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -1658 | NS      | $-65325.20    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Williams Cos Inc/the                                                             | Williams Cos., Inc.                                                              | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Short            | EC               | CORP              | US        |      -755 | NS      | $-43691.85    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Cloudflare Inc                                                                   | Cloudflare, Inc.                                                                 | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Short            | EC               | CORP              | US        |     -4571 | NS      | $-1157834.30  | -0.42%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                                                      | CHF Currency Fut                                                                 | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DFE              | CORP              | US        |         7 | NC      | $1092875.00   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Critical Metals Corp                                                             | Critical Metals Corp.                                                            | CUSIP: G2662B103<br>LEI: 984500158752F66VAE27 | Long             | EC               | CORP              | VG        |      1933 | NS      | $25013.02     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| MI7 Founders, LLC                                                                | MI7 Founders, LLC (MBAV) Class Z Warrants                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     78859 | NC      | $126174.40    | 0.05%             |  |  |  | No            | 3                  | On Loan: No      |
| Inflection Point Acquisition Corp Iii                                            | Inflection Point Acquisition Corp. III                                           | CUSIP: G47875110<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     54192 | NC      | $23844.48     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Russell 2000 Etf                                                         | iShares Russell 2000 ETF                                                         | CUSIP: 464287655<br>LEI: 549300O80OAR5VTWR172 | Short            | EC               | RF                | US        |     -1092 | NS      | $-268883.16   | -0.10%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Anni Ln Trs:0604877                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $417278.12    | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Bion Sw Trs:7117884                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | CH        |         1 | NC      | $1574542.40   | 0.58%             |  |  |  | No            | 2                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 01/16/26 P6525                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        51 | NC      | $464100.00    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Mab1 Ln Trs:bqsbh50                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-80353.31    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Iron Horse II                                                                    | Iron Horse II Sponsor Class A                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    132416 | NS      | $529.66       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Inspire Medical Systems Inc                                                      | Inspire Medical Systems, Inc.                                                    | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Short            | EC               | CORP              | US        |      -536 | NS      | $-38634.88    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Us Treasury N/b                                                                  | U.S. Treasury Note                                                               | CUSIP: 91282CPD7<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        | -28533000 | PA      | $-28447734.84 | -10.41%           | 2030-10-31      | Fixed         | 3.62%                 | No            | 1                  | On Loan: No      |
| Bumble Inc                                                                       | Bumble, Inc.                                                                     | CUSIP: 12047B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    336908 | NS      | $1869839.40   | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Coherent Corp                                                                    | Coherent Corp.                                                                   | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Short            | EC               | CORP              | US        |      -259 | NS      | $-34177.64    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Usa Ln Trs:bdfghw4                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $4092211.87   | 1.50%             |  |  |  | No            | 2                  | On Loan: No      |
| Littelfuse Inc                                                                   | Littelfuse, Inc.                                                                 | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Short            | EC               | CORP              | US        |      -340 | NS      | $-82725.40    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Real view imaging LTD SAFE                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |       131 | NS      | $131070.00    | 0.05%             |  |  |  | No            | 3                  | On Loan: No      |
| Ishares Msci Acwi Etf                                                            | iShares MSCI ACWI ETF                                                            | CUSIP: 464288257<br>LEI: 549300KZ2WFTI4GQ7M77 | Short            | EC               | RF                | US        |    -42191 | NS      | $-5966229.31  | -2.18%            |  |  |  | No            | 1                  | On Loan: No      |
| American Electric Power Co Inc                                                   | American Electric Power Co., Inc.                                                | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Short            | EC               | CORP              | US        |      -339 | NS      | $-40768.14    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Goldman Sachs                                                                    | R.R. Donnelley & Sons Company                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              | CORP              | US        |         1 | NC      | $-20000.49    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| CANTOR EQUITY PARTNERS I                                                         | CANTOR EQUITY PARTNERS I, INC. Project Enigma PIPE                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     59091 | NS      | $590910.00    | 0.22%             |  |  |  | No            | 3                  | On Loan: No      |
| Altice France Sa                                                                 | Altice France SA                                                                 | CUSIP: 02090DAE8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    566793 | PA      | $546246.75    | 0.20%             | 2032-07-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv You Ln Trs:b1vq6h2                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-39155.78    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Bgfd Ln Trs:0048583                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $675802.54    | 0.25%             |  |  |  | No            | 2                  | On Loan: No      |
| REVLON INTERMEDIATE HOLDINGS IV LLC                                              | Revlon Intermediate Holdings IV LLC, Term Loan                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6080445 | PA      | $6037395.45   | 2.21%             | 2028-05-02      | Floating      | 12.32%                | No            | 2                  | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp.                                                                  | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Short            | EC               | CORP              | US        |      -475 | NS      | $-245959.75   | -0.09%            |  |  |  | No            | 1                  | On Loan: No      |
| Royal Bank Of Canada                                                             | MARKIT CDX HY S43 5Y 2/29 ICE                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              | CORP              | US        |         1 | NC      | $-7712164.85  | -2.82%            |  |  |  | No            | 2                  | On Loan: No      |
| Vertical Aerospace Ltd                                                           | Vertical Aerospace, Ltd.                                                         | CUSIP: G9471C149<br>LEI: 9845002F3CF4E56DA491 | N/A              | DE               | CORP              | GB        |    249443 | NC      | $763410.32    | 0.28%             |  |  |  | No            | 3                  | On Loan: No      |
| Compass Diversified Holdings                                                     | Compass Diversified Holdings                                                     | CUSIP: 20451Q104<br>LEI: 5299001SM1LBYANJRR58 | Long             | EC               | CORP              | US        |     35813 | NS      | $228486.94    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Hearts And Minds Investments Ltd/fund                                            | Hearts and Minds Investments, Ltd.                                               | CUSIP: Q4524H103<br>LEI: 2549002S6SA5DJZXRD63 | Long             | EC               | CORP              | AU        |   1733506 | NS      | $3754313.38   | 1.37%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Sharps Technology INC Warrant A                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     44101 | NC      | $253881.08    | 0.09%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Imi Ln Trs:bglp8l2                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-96215.18    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Eaton Corp Plc                                                                   | Eaton Corp. PLC                                                                  | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Short            | EC               | CORP              | IE        |       -45 | NS      | $-17170.20    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac REMICS                                                               | CUSIP: 3137HHBT7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7342295 | PA      | $245728.26    | 0.09%             | 2054-11-25      | Floating      | 0.62%                 | No            | 2                  | On Loan: No      |
| N/A                                                                              | GS.FU BROKER SWEEP                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   1728528 | NS      | $1728527.91   | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Waste Connections Inc                                                            | Waste Connections, Inc.                                                          | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Short            | EC               | CORP              | CA        |      -279 | NS      | $-46790.76    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Vortex Opco Llc                                                                  | Vortex Opco LLC                                                                  | CUSIP: G9158TAC4<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |   1734000 | PA      | $1752787.89   | 0.64%             | 2030-04-30      | Floating      | 10.55%                | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Caml Ln Trs:b67kbv2                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-54475.37    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Merus Nv                                                                         | Merus NV                                                                         | CUSIP: N5749R100<br>LEI: 549300W8GPUWU8QNU293 | Short            | EC               | CORP              | NL        |      -746 | NS      | $-70765.56    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Icahn Enterprises/fin                                                            | Icahn Enterprises LP / Icahn Enterprises Finance Corp.                           | CUSIP: 451102BZ9<br>LEI: 549300T0G4GS0SINS786 | Short            | DBT              | CORP              | US        |  -2890000 | PA      | $-2846650.00  | -1.04%            | 2027-05-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Alph Ln Trs:bf1tm59                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-250893.38   | -0.09%            |  |  |  | No            | 2                  | On Loan: No      |
| Bny Mellon Strategic Municipals Inc                                              | BNY Mellon Strategic Municipals, Inc.                                            | CUSIP: 05588W108<br>LEI: 549300FH0LKMOBY7N332 | Long             | EC               | RF                | US        |     21897 | NS      | $137951.10    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Dish Network Corp                                                                | DISH Network Corp.                                                               | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1844062.50   | 0.67%             | 2027-11-15      | Fixed         | 11.75%                | Yes           | 2                  | On Loan: No      |
| Broadcom Inc                                                                     | Broadcom, Inc.                                                                   | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Short            | EC               | CORP              | US        |      -319 | NS      | $-117911.97   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Phoenix Group Holdings PLC TRS                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-69683.53    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Duolingo Inc                                                                     | Duolingo, Inc.                                                                   | CUSIP: 26603R106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |      -643 | NS      | $-174021.52   | -0.06%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | NEW HOLLAND SPECIAL OPPORTUNITIES AGGREGATO LP Y-6                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      1434 | NS      | $143417.00    | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| Money Forward Inc                                                                | Money Forward, Inc.                                                              | CUSIP: N/A<br>LEI: 35380017JS3GIGP6WN95       | Short            | EC               | CORP              | JP        |     -2141 | NS      | $-62517.03    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Goldman Sachs                                                                    | MARKIT CDX HY S44 5Y 6/30 ICE                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              | CORP              | US        |         1 | NC      | $15764537.80  | 5.77%             |  |  |  | No            | 2                  | On Loan: No      |
| Cannae Holdings Inc                                                              | Cannae Holdings, Inc.                                                            | CUSIP: 13765N107<br>LEI: 549300OGRF1ICI7D2V77 | Long             | EC               | CORP              | US        |     54220 | NS      | $969453.60    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Nexgen Energy Ltd                                                                | NexGen Energy, Ltd.                                                              | CUSIP: 65340P106<br>LEI: 529900N0IXNXB3IP7F06 | Short            | EC               | CORP              | CA        |     -5839 | NS      | $-56910.01    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Sync Ln Trs:b8p59c0                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GG        |         1 | NC      | $1030971.43   | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: GBP 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-3941291.00  | -1.44%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Gftu Ln Trs:b00mz44                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-74350.57    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Cohen Circle Sponsor II                                                          | Cohen Circle Sponsor II, LLC Class B                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      6858 | NS      | $21945.60     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 11/21/25 P6180                                              | CUSIP: 58599HCL9<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |        46 | NC      | $35420.00     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Sct Ln Trs:byzdvk8                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-80759.66    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Xcel Energy Inc                                                                  | Xcel Energy, Inc.                                                                | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Short            | EC               | CORP              | US        |      -389 | NS      | $-31575.13    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | NEW HOLLAND SPECIAL OPPORTUNITIE AGGREGATOR LP Y-7                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     58937 | NS      | $6094131.30   | 2.23%             |  |  |  | No            | N/A                | On Loan: No      |
| Procap Acquisition Corp                                                          | ProCap Acquisition Corp.                                                         | CUSIP: G7257A121<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     20612 | NC      | $17520.20     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Rmmc Ln Trs:bndmjp1                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $456434.62    | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Sword Group TRS                                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | ES        |         1 | NC      | $-61380.29    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Super Micro Computer Inc                                                         | Super Micro Computer, Inc.                                                       | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Short            | EC               | CORP              | US        |     -5115 | NS      | $-265775.40   | -0.10%            |  |  |  | No            | 1                  | On Loan: No      |
| Grayscale Bitcoin Trust Etf                                                      | Grayscale Bitcoin Trust ETF                                                      | CUSIP: 389637109<br>LEI: 549300XZGUJEF0EHBE41 | Short            | EC               | RF                | US        |   -109421 | NS      | $-9412394.42  | -3.44%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Igg Ln Trs:b06qfb7                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-37464.56    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Berto Acquisition Corp                                                           | BERTO ACQUISITION Corp.                                                          | CUSIP: G1051H101<br>LEI: 5299004IBCSPGYGOI790 | Long             | EC               | CORP              | KY        |     24609 | NS      | $250765.71    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Chenghe Investment III LLC Class B                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     16679 | NS      | $166790.00    | 0.06%             |  |  |  | No            | 3                  | On Loan: No      |
| Pegasystems Inc                                                                  | Pegasystems, Inc.                                                                | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Short            | EC               | CORP              | US        |     -4524 | NS      | $-287952.60   | -0.11%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Cannae Holdings, Inc. TRS                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |         1 | NC      | $1966800.00   | 0.72%             |  |  |  | No            | 2                  | On Loan: No      |
| Monolithic Power Systems Inc                                                     | Monolithic Power Systems, Inc.                                                   | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Short            | EC               | CORP              | US        |      -128 | NS      | $-128640.00   | -0.05%            |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Science And Technology Term Trust                                      | BlackRock Science and Technology Term Trust                                      | CUSIP: 09260K101<br>LEI: 549300NQ3IL1NKVC9M67 | Long             | EC               | RF                | US        |     51039 | NS      | $1169813.88   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Prsr Ln Trs:bf01nh5                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $79657.56     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Future Generation Global Ltd                                                     | Future Generation Global, Ltd.                                                   | CUSIP: Q39694106<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     58355 | NS      | $62045.26     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Melar Acquisition Corp I                                                         | Melar Acquisition Corp. I                                                        | CUSIP: G6004G118<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     32537 | NC      | $6136.48      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Sharkninja Inc                                                                   | SharkNinja, Inc.                                                                 | CUSIP: G8068L108<br>LEI: N/A                  | Short            | EC               | CORP              | KY        |      -929 | NS      | $-79429.50    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Hennessy Capital Investment Corp Vii                                             | Hennessy Capital Investment Corp. VII                                            | CUSIP: G4405D115<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      7305 | NC      | $3579.45      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Berto Acquisition Corp                                                           | BERTO ACQUISITION Corp.                                                          | CUSIP: G1051H119<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     31254 | NC      | $14064.30     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | JTC PLC TRS                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-210706.64   | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 01/16/26 P6620                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        26 | NC      | $290940.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Nvent Electric Plc                                                               | nVent Electric PLC                                                               | CUSIP: G6700G107<br>LEI: N/A                  | Short            | EC               | CORP              | IE        |      -716 | NS      | $-81874.60    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Telephone And Data Systems Inc                                                   | Telephone and Data Systems, Inc.                                                 | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8367 | NS      | $324806.94    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Biotechnology Etf                                                        | iShares Biotechnology ETF                                                        | CUSIP: 464287556<br>LEI: 549300S7IVD88MPK0066 | Short            | EC               | RF                | US        |    -17959 | NS      | $-2862305.42  | -1.05%            |  |  |  | No            | 1                  | On Loan: No      |
| FIGX Acquisition Partners LLC                                                    | FIGX Acquisition Partners LLC Class A                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     10858 | NS      | $10640.84     | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Roblox Corp                                                                      | ROBLOX Corp.                                                                     | CUSIP: 771049103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -4005 | NS      | $-455448.60   | -0.17%            |  |  |  | No            | 1                  | On Loan: No      |
| BNY Mellon U.S. Treasury Fund                                                    | BNY Mellon U.S. Treasury Fund                                                    | CUSIP: G1206E136<br>LEI: N/A                  | Long             | STIV             | RF                | IE        |  10373040 | NS      | $10373040.15  | 3.79%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | M3 Brigade Sponsor VI Class A                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     85721 | NS      | $257.16       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Herald Investment Trust PLC                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $6953093.63   | 2.54%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | SSE PLC TRS                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-28291.59    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| LightWave Founders                                                               | LightWave Founders Class B                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     16072 | NS      | $160720.00    | 0.06%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | RWE AG TRS                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | DE        |         1 | NC      | $-34174.42    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Us Treasury N/b                                                                  | U.S. Treasury Note                                                               | CUSIP: 91282CPB1<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        | -76824000 | PA      | $-76723468.11 | -28.06%           | 2027-09-30      | Fixed         | 3.50%                 | No            | 1                  | On Loan: No      |
| American Express Co                                                              | American Express Co.                                                             | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Short            | EC               | CORP              | US        |       -92 | NS      | $-33187.16    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Aviva PLC TRS                                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-68484.05    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Mony Ln Trs:b1zbky8                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-59700.66    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                                                              | MIO ESCROW                                                                       | CUSIP: 723ESC018<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4798 | NS      | $863.64       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Infomart Corp                                                                    | Infomart Corp.                                                                   | CUSIP: N/A<br>LEI: N/A                        | Short            | EC               | CORP              | JP        |    -17167 | NS      | $-36537.38    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 11/21/25 P6305                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        19 | NC      | $19285.00     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Short            | EC               | CORP              | US        |      -204 | NS      | $-33456.00    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 01/16/26 P6750                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        43 | NC      | $642291.00    | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Luce Ln Trs:bzc0lp4                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-67762.69    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Israel Acquisitions Corp                                                         | Israel Acquisitions Corp.                                                        | CUSIP: G49667119<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     18390 | NC      | $3740.53      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Sizzle Acquisition Corp Ii                                                       | Sizzle II VO Sponsor II, LLC Class B                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     90383 | NS      | $154554.93    | 0.06%             |  |  |  | No            | 3                  | On Loan: No      |
| Digital Asset Acquisition Corp                                                   | Digital Asset Acquisition Corp.                                                  | CUSIP: G2868C103<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     55906 | NS      | $577508.98    | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Iwg Ln Trs:byvqys0                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | JE        |         1 | NC      | $-68960.08    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Sirius Real Estate, Ltd. TRS                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-106794.29   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Gamco Natural Resources Gold & Income Trust                                      | GAMCO Natural Resources Gold & Income Trust                                      | CUSIP: 36465E101<br>LEI: 23EBEGZ81713Q1VCP222 | Long             | EC               | RF                | US        |       129 | NS      | $882.36       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Aas Ln Trs:bmf19b5                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $262470.44    | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Irish Continental Group PLC TRS                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | ES        |         1 | NC      | $-443.28      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Anywhere Real Estate Inc                                                         | Anywhere Real Estate, Inc.                                                       | CUSIP: 75605Y106<br>LEI: 5493004HBTOTE9DI9P12 | Long             | EC               | CORP              | US        |     37705 | NS      | $378935.25    | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Block Inc                                                                        | Block, Inc.                                                                      | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Short            | EC               | CORP              | US        |     -3190 | NS      | $-242248.60   | -0.09%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Sst Ln Trs:0783613                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $31612.46     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                                                              | Project Snowball /Avax One                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    151083 | NS      | $356555.88    | 0.13%             |  |  |  | No            | 3                  | On Loan: No      |
| Biocon Biologics Global                                                          | Biocon Biologics Global PLC                                                      | CUSIP: YU2449483<br>LEI: 254900PMQN51VACG2D55 | Short            | DBT              | CORP              | GB        |  -2598000 | PA      | $-2585010.00  | -0.95%            | 2029-10-09      | Fixed         | 6.67%                 | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Geberit AG TRS                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | CH        |         1 | NC      | $-413580.62   | -0.15%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                                                              | MHI ESCROW                                                                       | CUSIP: 723ESC034<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24447 | NS      | $9045.39      | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Cwk Ln Trs: 0231888                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-326942.70   | -0.12%            |  |  |  | No            | 2                  | On Loan: No      |
| Amphenol Corp                                                                    | Amphenol Corp.                                                                   | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Short            | EC               | CORP              | US        |      -844 | NS      | $-117602.96   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| Newhold Investment Corp Iii                                                      | NewHold Investment Corp. III                                                     | CUSIP: G6486E110<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      2084 | NC      | $1042.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                                                      | EURO/GBP FUTURE   Dec25                                                          | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DFE              | CORP              | US        |        -6 | NC      | $-866203.15   | -0.32%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Melexis NV TRS                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | CH        |         1 | NC      | $-131761.70   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Tep Ln Trs:0879471                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-304239.83   | -0.11%            |  |  |  | No            | 2                  | On Loan: No      |
| Armada Acquisition Corp Ii                                                       | Armada Acquisition Corp. II                                                      | CUSIP: G0R38G112<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     54162 | NC      | $62827.92     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Btc Development Corp                                                             | BTC Development Corp.                                                            | CUSIP: G0701G117<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      3919 | NC      | $3135.20      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Blue Water Acquisition III                                                       | Blue Water Acquisition III Class A                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    137425 | NS      | $65964.00     | 0.02%             |  |  |  | No            | 3                  | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                                             | Clear Channel Outdoor Holdings, Inc.                                             | CUSIP: 18453HAD8<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   1138000 | PA      | $1122352.50   | 0.41%             | 2029-06-01      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Nvidia Corp                                                                      | NVIDIA Corp.                                                                     | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Short            | EC               | CORP              | US        |     -5245 | NS      | $-1062060.05  | -0.39%            |  |  |  | No            | 1                  | On Loan: No      |
| Morgan Stanley                                                                   | Recv Mtu Ln  Trs:bz1h9l8                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $2903.11      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 01/16/26 P6615                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        19 | NC      | $210805.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Clorox Co/the                                                                    | Clorox Co.                                                                       | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Short            | EC               | CORP              | US        |     -1973 | NS      | $-221883.58   | -0.08%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Pag Ln Trs:b2ngpm5                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-319136.85   | -0.12%            |  |  |  | No            | 2                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 01/16/26 P6675                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        58 | NC      | $716880.00    | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: GBP 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-2642586.00  | -0.97%            |  |  |  | No            | 2                  | On Loan: No      |
| Costar Group Inc                                                                 | CoStar Group, Inc.                                                               | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Short            | EC               | CORP              | US        |     -2240 | NS      | $-154134.40   | -0.06%            |  |  |  | No            | 1                  | On Loan: No      |
| 1261229 Bc Ltd                                                                   | 1261229 BC, Ltd.                                                                 | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1557000 | PA      | $1629011.25   | 0.60%             | 2032-04-15      | Fixed         | 10.00%                | Yes           | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Pac Ln Trs:0667438                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $467542.99    | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | DSM-Firmenich AG TRS                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | CH        |         1 | NC      | $-81084.52    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| HCM Investor Holdings III                                                        | HCM Investor Holdings III,CL A                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    103450 | NS      | $270004.50    | 0.10%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Scp Ln Trs:0610841                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $1464420.91   | 0.54%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: GBP 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-3941291.00  | -1.44%            |  |  |  | No            | 2                  | On Loan: No      |
| Labl Inc                                                                         | LABL, Inc.                                                                       | CUSIP: 50168QAF2<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |   2735000 | PA      | $1760656.25   | 0.64%             | 2031-10-01      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp.                                                                     | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Short            | EC               | CORP              | US        |      -330 | NS      | $-86661.30    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Sharps Technology Inc                                                            | Sharps Technology, Inc.                                                          | CUSIP: 82003F309<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1560 | NS      | $6879.60      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Smwh Ln Trs:b2pdgw1                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-42298.29    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Lightwave Acquisition Corp                                                       | Lightwave Acquisition Corp.                                                      | CUSIP: G5490M126<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     10620 | NC      | $2655.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Verisign Inc                                                                     | VeriSign, Inc.                                                                   | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Short            | EC               | CORP              | US        |     -2004 | NS      | $-480559.20   | -0.18%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Pey Ln Trs:b28c2r2                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GG        |         1 | NC      | $399272.22    | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| Denali Therapeutics Inc                                                          | Denali Therapeutics, Inc.                                                        | CUSIP: 24823R105<br>LEI: 549300ZTQ2HO18L3Q830 | Short            | EC               | CORP              | US        |     -4876 | NS      | $-79381.28    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Samsara Inc                                                                      | Samsara, Inc.                                                                    | CUSIP: 79589L106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -3265 | NS      | $-131155.05   | -0.05%            |  |  |  | No            | 1                  | On Loan: No      |
| Empery Digital Inc                                                               | Empery Digital, Inc.                                                             | CUSIP: 92864V608<br>LEI: 254900YNQ643TK62S464 | Long             | EC               | CORP              | US        |     41830 | NS      | $291555.10    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Monotaro Co Ltd                                                                  | MonotaRO Co., Ltd.                                                               | CUSIP: N/A<br>LEI: 5299005JUER5ANXWTC33       | Short            | EC               | CORP              | JP        |     -8162 | NS      | $-114001.07   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Veil Ln Trs:bd9x204                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | KY        |         1 | NC      | $26572.22     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| China Evergrande Group                                                           | China Evergrande Group                                                           | CUSIP: N/A<br>LEI: 549300CUF7B1LAB15T90       | Long             | DBT              | CORP              | KY        |  11802000 | PA      | $236040.00    | 0.09%             | 2023-06-28      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| Dave & Buster's Entertainment Inc                                                | Dave & Buster's Entertainment, Inc.                                              | CUSIP: 238337109<br>LEI: 529900WTVU85QZLYHR86 | Long             | EC               | CORP              | US        |     27067 | NS      | $397614.23    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Real Asset Acquisition Corp                                                      | Real Asset Acquisition Corp.                                                     | CUSIP: G73944111<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     87360 | NC      | $54870.82     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Htg Ln Trs:0447889                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-82399.48    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Arbe Robotics Ltd                                                                | Arbe Robotics, Ltd.                                                              | CUSIP: M1R95N100<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     55882 | NS      | $109528.72    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Wise Ln Trs:bl9yr75                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-317561.93   | -0.12%            |  |  |  | No            | 2                  | On Loan: No      |
| Utilities Select Sector Spdr Fund                                                | Utilities Select Sector SPDR Fund                                                | CUSIP: 81369Y886<br>LEI: 549300ERQDM80PRYUH21 | Short            | EC               | RF                | US        |     -5052 | NS      | $-450133.20   | -0.16%            |  |  |  | No            | 1                  | On Loan: No      |
| Caesars Entertain Inc                                                            | Caesars Entertainment, Inc.                                                      | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    553000 | PA      | $557838.75    | 0.20%             | 2032-02-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Alnylam Pharmaceuticals Inc                                                      | Alnylam Pharmaceuticals, Inc.                                                    | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Short            | EC               | CORP              | US        |      -886 | NS      | $-404051.44   | -0.15%            |  |  |  | No            | 1                  | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac REMICS                                                               | CUSIP: 3137HK4E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7163076 | PA      | $266204.25    | 0.10%             | 2055-03-25      | Floating      | 1.00%                 | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Bmy Ln Trs:3314775                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-168567.15   | -0.06%            |  |  |  | No            | 2                  | On Loan: No      |
| Vanguard Total Stock Market Etf                                                  | Vanguard Total Stock Market ETF                                                  | CUSIP: 922908769<br>LEI: 549300G6KNDK44WUN559 | Short            | EC               | RF                | US        |    -15018 | NS      | $-5037337.56  | -1.84%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Aalberts NV TRS                                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | NL        |         1 | NC      | $-67553.63    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Wen Sponsor LLC                                                                  | Wen Sponsor LLC Class A                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    125704 | NS      | $502.82       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Erf Ln Trs:bndpyv1                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | LU        |         1 | NC      | $-94644.84    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Trade Desk Inc/the                                                               | Trade Desk, Inc.                                                                 | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Short            | EC               | CORP              | US        |     -2683 | NS      | $-134901.24   | -0.05%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ckn Ln Trs:0201836                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-74670.59    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Atg Ln Trs:bmvqdz6                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-41455.87    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Global Opportunities Trust PLC TRS                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $1627.36      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Gcl Ln Trs:b15fw33                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | JE        |         1 | NC      | $56250.92     | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Vsl Ln Trs:bvg6x43                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $185334.57    | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| China Evergrande Group                                                           | China Evergrande Group                                                           | CUSIP: ZP5379026<br>LEI: 549300CUF7B1LAB15T90 | Long             | DBT              | CORP              | KY        |  19888000 | PA      | $397760.00    | 0.15%             | 2024-01-22      | Fixed         | 12.00%                | No            | 2                  | On Loan: No      |
| Calisa Acquisition Corp                                                          | Calisa Acquisition Corp.                                                         | CUSIP: G1771C119<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      2135 | NS      | $21359.39     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Lowland Investment Company PLC TRS                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $2047001.42   | 0.75%             |  |  |  | No            | 2                  | On Loan: No      |
| Mff Capital Investments Ltd                                                      | MFF Capital Investments, Ltd.                                                    | CUSIP: Q6S61B118<br>LEI: 549300OYTXE8HSZSYH82 | Long             | EC               | CORP              | AU        |     41310 | NS      | $128929.04    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Roman Dbdr Acquisition Corp Ii                                                   | Roman DBDR Acquisition Corp. II                                                  | CUSIP: G7633M112<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     19566 | NC      | $13207.05     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Exxon Mobil Corp                                                                 | Exxon Mobil Corp.                                                                | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Short            | EC               | CORP              | US        |      -237 | NS      | $-27103.32    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Biocon Biologics Global                                                          | Biocon Biologics Global PLC                                                      | CUSIP: 090978AA5<br>LEI: 254900PMQN51VACG2D55 | Short            | DBT              | CORP              | GB        |   -732000 | PA      | $-728340.00   | -0.27%            | 2029-10-09      | Fixed         | 6.67%                 | Yes           | 2                  | On Loan: No      |
| Zillow Group Inc                                                                 | Zillow Group, Inc.                                                               | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Short            | EC               | CORP              | US        |     -4287 | NS      | $-321439.26   | -0.12%            |  |  |  | No            | 1                  | On Loan: No      |
| MI7 Founders, LLC                                                                | MI7 Founders, LLC (MBAV) Class A PIPE                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    236458 | NS      | $2364580.00   | 0.86%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: GBP 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-3941291.00  | -1.44%            |  |  |  | No            | 2                  | On Loan: No      |
| Vanguard Real Estate Etf                                                         | Vanguard Real Estate ETF                                                         | CUSIP: 922908553<br>LEI: 549300G6KNDK44WUN559 | Short            | EC               | RF                | US        |    -10256 | NS      | $-914630.08   | -0.33%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Labs Ln Trs:bp5x4q2                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $52189.45     | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Ensign Group Inc/the                                                             | Ensign Group, Inc.                                                               | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Short            | EC               | CORP              | US        |      -626 | NS      | $-112742.60   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 01/16/26 P6585                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        45 | NC      | $470250.00    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| PK Fund 2023, LLC                                                                | PK Fund 2023, LLC                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |       675 | NS      | $674727.80    | 0.25%             |  |  |  | No            | 3                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 01/16/26 P6580                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        38 | NC      | $382280.00    | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Realreal Inc/the                                                                 | RealReal, Inc.                                                                   | CUSIP: 88339P101<br>LEI: 549300O00VUGT4H1PE90 | Long             | EC               | CORP              | US        |     15640 | NS      | $190964.40    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 01/16/26 P6755                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        50 | NC      | $762350.00    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: EUR 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $1502638.00   | 0.55%             |  |  |  | No            | 2                  | On Loan: No      |
| Materials Select Sector Spdr Fund                                                | Materials Select Sector SPDR Fund                                                | CUSIP: 81369Y100<br>LEI: 549300N81BAQ1XPGBT65 | Short            | EC               | RF                | US        |      -857 | NS      | $-73419.19    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Ashland Inc                                                                      | Ashland, Inc.                                                                    | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Short            | EC               | CORP              | US        |     -1053 | NS      | $-51491.70    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv At/ Ln Trs:blh4250                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-75420.38    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Agios Pharmaceuticals Inc                                                        | Agios Pharmaceuticals, Inc.                                                      | CUSIP: 00847X104<br>LEI: 529900ONJHY8EOGYT555 | Short            | EC               | CORP              | US        |     -1868 | NS      | $-80772.32    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Republic Digital Acquisition Co                                                  | Republic Digital Acquisition Co.                                                 | CUSIP: G7515A103<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     43541 | NS      | $449778.53    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | MAV ESCROW                                                                       | CUSIP: 723ESC026<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39278 | NS      | $17675.10     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| Aes Corp/the                                                                     | AES Corp.                                                                        | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Short            | EC               | CORP              | US        |     -3345 | NS      | $-46395.15    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Arista Networks Inc                                                              | Arista Networks, Inc.                                                            | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Short            | EC               | CORP              | US        |      -608 | NS      | $-95875.52    | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| Columbus Circle Capital Corp I                                                   | Columbus Circle Capital Corp I                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     11429 | NS      | $109375.63    | 0.04%             |  |  |  | No            | 3                  | On Loan: No      |
| Vertiv Holdings Co                                                               | Vertiv Holdings Co.                                                              | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Short            | EC               | CORP              | US        |      -505 | NS      | $-97394.30    | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| Tempus Ai Inc                                                                    | Tempus AI, Inc.                                                                  | CUSIP: 88023B103<br>LEI: 2549009LA0KWRAGQBX50 | Short            | EC               | CORP              | US        |     -2994 | NS      | $-269010.90   | -0.10%            |  |  |  | No            | 1                  | On Loan: No      |
| Blue Holdings Sponsor                                                            | Blue Holdings Sponsor Class A                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    137148 | NS      | $202979.04    | 0.07%             |  |  |  | No            | 3                  | On Loan: No      |
| China Evergrande Group                                                           | China Evergrande Group                                                           | CUSIP: ZS0897653<br>LEI: 549300CUF7B1LAB15T90 | Long             | DBT              | CORP              | KY        |   6148000 | PA      | $122960.00    | 0.04%             | 2049-12-31      | Fixed         | 9.50%                 | No            | 2                  | On Loan: No      |
| Northland Power Inc                                                              | Northland Power, Inc.                                                            | CUSIP: 666511100<br>LEI: 8945002IJ77NEBK48M81 | Short            | EC               | CORP              | CA        |     -3345 | NS      | $-61126.06    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| X Corp                                                                           | X Corp.                                                                          | CUSIP: 90184NAK4<br>LEI: 549300I8RX485XMK6836 | Long             | LON              | CORP              | US        |   2072020 | PA      | $2081085.09   | 0.76%             | 2029-10-29      | Floating      | 9.50%                 | No            | 2                  | On Loan: No      |
| Bain Capital Gss Investment Corp                                                 | Bain Capital GSS Investment Corp.                                                | CUSIP: G0R78B122<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     14929 | NS      | $155560.18    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                                                      | CAD $ Currency Fut                                                               | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DFE              | CORP              | US        |        -3 | NC      | $-214545.00   | -0.08%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                                           | US 10 Yr Note Future                                                             | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |        -5 | NC      | $-563359.38   | -0.21%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Fltr Ln Trs:bwxc0z1                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-42616.03    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Tesla Inc                                                                        | Tesla, Inc.                                                                      | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Short            | EC               | CORP              | US        |      -215 | NS      | $-98160.40    | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Trst Ln Trs:bnk9tp5                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-201975.81   | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| Affirm Holdings Inc                                                              | Affirm Holdings, Inc.                                                            | CUSIP: 00827B106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -4756 | NS      | $-341861.28   | -0.13%            |  |  |  | No            | 1                  | On Loan: No      |
| Live Oak Acquisition Corp V                                                      | Live Oak Acquisition Corp. V                                                     | CUSIP: G5509P110<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     18443 | NC      | $11997.17     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Energy Select Sector Spdr Fund                                                   | Energy Select Sector SPDR Fund                                                   | CUSIP: 81369Y506<br>LEI: 54930064FLK0RD4TRU75 | Short            | EC               | RF                | US        |     -5719 | NS      | $-504015.47   | -0.18%            |  |  |  | No            | 1                  | On Loan: No      |
| Astera Labs Inc                                                                  | Astera Labs, Inc.                                                                | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Short            | EC               | CORP              | US        |      -280 | NS      | $-52270.40    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Mountain Lake Acquisition Corp                                                   | Mountain Lake Acquisition Corp.                                                  | CUSIP: G6301B127<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      9699 | NC      | $4219.07      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Star Parent Inc                                                                  | Star Parent, Inc.                                                                | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Short            | DBT              | CORP              | US        |  -3161000 | PA      | $-3386221.25  | -1.24%            | 2030-10-01      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ror Ln Trs:bvfnzh2                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-49868.30    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| John Hancock Diversified Income Fund                                             | John Hancock Diversified Income Fund                                             | CUSIP: 47804L102<br>LEI: TXPTLN9B34V0S0MTR071 | Long             | EC               | RF                | US        |       137 | NS      | $1472.75      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Perimeter Acquisition Corp I                                                     | Perimeter Acquisition Corp. I                                                    | CUSIP: G7010A129<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     63968 | NS      | $671664.00    | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Launch Two Acquisition Corp                                                      | Launch Two Acquisition Corp.                                                     | CUSIP: G5S87A113<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      1652 | NC      | $743.90       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Pinterest Inc                                                                    | Pinterest, Inc.                                                                  | CUSIP: 72352L106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -3885 | NS      | $-128593.50   | -0.05%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Qq/ Ln Trs:b0wmwd0                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-72179.86    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Tbcg Ln Trs:byt1830                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-40906.25    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| International Flavors & Fragrances Inc                                           | International Flavors & Fragrances, Inc.                                         | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Short            | EC               | CORP              | US        |      -569 | NS      | $-35829.93    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Edenred SE TRS                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | FR        |         1 | NC      | $4113218.68   | 1.50%             |  |  |  | No            | 2                  | On Loan: No      |
| Gores Holdings X Inc                                                             | Gores Holdings X, Inc.                                                           | CUSIP: G4002F125<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      3460 | NC      | $3200.50      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Ciena Corp                                                                       | Ciena Corp.                                                                      | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Short            | EC               | CORP              | US        |      -451 | NS      | $-85653.92    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | ALTICE FRANCE LUXCO 3 SHARES                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      3331 | NS      | $46634.00     | 0.02%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Inficon Holding AG TRS                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | CH        |         1 | NC      | $-150334.89   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| Revolution Medicines Inc                                                         | Revolution Medicines, Inc.                                                       | CUSIP: 76155X100<br>LEI: 549300JU3X0LBCQ65892 | Short            | EC               | CORP              | US        |     -2312 | NS      | $-136038.08   | -0.05%            |  |  |  | No            | 1                  | On Loan: No      |
| Wayfair Inc                                                                      | Wayfair, Inc.                                                                    | CUSIP: 94419L101<br>LEI: 54930027N9ZAVYFDHK53 | Short            | EC               | CORP              | US        |     -1688 | NS      | $-174724.88   | -0.06%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ibt Ln Trs:0455934                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $184775.55    | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| ALTERNATIVE CAPITAL INVESTMENTS FUND III                                         | Alternative Capital Investments Fund III LP                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |       424 | NS      | $807165.24    | 0.30%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                                                              | Sharps Technology INC Warrant B                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |    174658 | NC      | $208948.61    | 0.08%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Egl Ln Trs:bd3v464                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $939153.98    | 0.34%             |  |  |  | No            | 2                  | On Loan: No      |
| Generac Holdings Inc                                                             | Generac Holdings, Inc.                                                           | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Short            | EC               | CORP              | US        |      -415 | NS      | $-69728.30    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Oxley Bridge Holdings LLC                                                        | Oxley Bridge Holdings LLC Class A                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    128263 | NS      | $70544.65     | 0.03%             |  |  |  | No            | 3                  | On Loan: No      |
| Xylem Inc/ny                                                                     | Xylem, Inc.                                                                      | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Short            | EC               | CORP              | US        |      -616 | NS      | $-92923.60    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Syncona Ltd                                                                      | Syncona, Ltd.                                                                    | CUSIP: G8651Q100<br>LEI: 213800X8MBI5VQITLW60 | Long             | EC               | CORP              | GB        |   1507674 | NS      | $2004395.75   | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Range Capital Acquisition Corp II Class A                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     71311 | NS      | $213.93       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac REMICS                                                               | CUSIP: 3137HLZ62<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11421496 | PA      | $435883.10    | 0.16%             | 2055-07-25      | Floating      | 0.87%                 | No            | 2                  | On Loan: No      |
| Wen Acquisition Corp                                                             | Wen Acquisition Corp.                                                            | CUSIP: G9R39C111<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     61927 | NC      | $40252.55     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Sps Commerce Inc                                                                 | SPS Commerce, Inc.                                                               | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Short            | EC               | CORP              | US        |      -368 | NS      | $-30264.32    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Dte Energy Co                                                                    | DTE Energy Co.                                                                   | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Short            | EC               | CORP              | US        |      -350 | NS      | $-47439.00    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Xps Ln Trs:bddn1t2                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-290440.39   | -0.11%            |  |  |  | No            | 2                  | On Loan: No      |
| Rollins Inc                                                                      | Rollins, Inc.                                                                    | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Short            | EC               | CORP              | US        |     -5063 | NS      | $-291679.43   | -0.11%            |  |  |  | No            | 1                  | On Loan: No      |
| China Evergrande Group                                                           | China Evergrande Group                                                           | CUSIP: ZP5378630<br>LEI: 549300CUF7B1LAB15T90 | Long             | DBT              | CORP              | KY        |   4600000 | PA      | $92000.00     | 0.03%             | 2049-12-31      | Fixed         | 11.50%                | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | VEF AB TRS                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | SE        |         1 | NC      | $31127.56     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| First Advantage Corp                                                             | First Advantage Corp.                                                            | CUSIP: 31846B108<br>LEI: 549300RNJ0PXU8FP7D06 | Short            | EC               | CORP              | US        |     -2245 | NS      | $-28354.35    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Trane Technologies Plc                                                           | Trane Technologies PLC                                                           | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Short            | EC               | CORP              | IE        |       -73 | NS      | $-32751.45    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Grayscale Ethereum Classic Trust                                                 | Grayscale Ethereum Classic Trust                                                 | CUSIP: 38963Q107<br>LEI: 54930092HET8DVEQYD83 | Long             | EC               | RF                | US        |   1637990 | NS      | $13785323.84  | 5.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Futurecrest Acquisition Corp                                                     | FutureCrest Acquisition Corp.                                                    | CUSIP: G3730U123<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      7462 | NS      | $79171.82     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Polestar Automotive Holding Uk Plc                                               | Polestar Automotive Holding UK PLC                                               | CUSIP: 731105201<br>LEI: 894500HDA1DJKHYN4D83 | Long             | EC               | CORP              | GB        |    312525 | NS      | $264052.37    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| NEMO ENTERPRISES INC                                                             | NEMO ENTERPRISES INC                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |        64 | NC      | $0.00         | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Chewy Inc                                                                        | Chewy, Inc.                                                                      | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Short            | EC               | CORP              | US        |     -2188 | NS      | $-73779.36    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Blue Water Acquisition III                                                       | Blue Water Acquisition III Class B                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     17178 | NS      | $9447.90      | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Goldman Sachs                                                                    | CSC Holdings, LLC                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              | CORP              | US        |         1 | NC      | $-83630.64    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Vistra Corp                                                                      | Vistra Corp.                                                                     | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Short            | EC               | CORP              | US        |      -207 | NS      | $-38978.10    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Crn Ln Trs:bwy4zf1                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | IE        |         1 | NC      | $-80198.00    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Lemonade Inc                                                                     | Lemonade, Inc.                                                                   | CUSIP: 52567D107<br>LEI: 5493009BKR06OXXU6853 | Short            | EC               | CORP              | US        |     -1417 | NS      | $-85133.36    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Cea Industries Inc                                                               | CEA Industries, Inc.                                                             | CUSIP: 86887P309<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91107 | NS      | $676013.94    | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Dplm Ln Trs:0182663                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-1117268.56  | -0.41%            |  |  |  | No            | 2                  | On Loan: No      |
| Trump Media & Technology Group Corp                                              | Trump Media & Technology Group Corp.                                             | CUSIP: 25400Q105<br>LEI: 6488S3A83U2SRQ48O215 | Long             | EC               | CORP              | US        |     45518 | NS      | $697563.35    | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Real Asset Acquisition Corp                                                      | Real Asset Acquisition Corp.                                                     | CUSIP: G73944103<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     25855 | NS      | $269667.65    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Gnc Ln Trs:0386410                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | IE        |         1 | NC      | $-75221.13    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Vertex Pharmaceuticals Inc                                                       | Vertex Pharmaceuticals, Inc.                                                     | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Short            | EC               | CORP              | US        |      -282 | NS      | $-120010.74   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: SEK 01/08/2026                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-1268177.00  | -0.46%            |  |  |  | No            | 2                  | On Loan: No      |
| ALTERNATIVE CAPITAL INVESTMENTS FUND III                                         | Alternative Capital Investments Fund III LP 2                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      4264 | NS      | $12201217.11  | 4.46%             |  |  |  | No            | N/A                | On Loan: No      |
| Gigcapital7 Corp                                                                 | GigCapital7 Corp.                                                                | CUSIP: G38648120<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |         5 | NC      | $4.75         | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Kindly Md Inc                                                                    | Kindly MD, Inc.                                                                  | CUSIP: 49457M106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    416381 | NS      | $387067.78    | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ai Fp Trs:b1yxbj7                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | FR        |         1 | NC      | $-72969.14    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Iren SpA TRS                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | ES        |         1 | NC      | $-52043.36    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: AUD 01/08/2026                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-8243089.00  | -3.02%            |  |  |  | No            | 2                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 11/21/25 P6135                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        36 | NC      | $26172.00     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Penumbra Inc                                                                     | Penumbra, Inc.                                                                   | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Short            | EC               | CORP              | US        |      -400 | NS      | $-90948.00    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Bank Of America Corp                                                             | Bank of America Corp.                                                            | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Short            | EC               | CORP              | US        |      -233 | NS      | $-12453.85    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Moon Ln Trs:bmt9k01                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-101936.89   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Rapid7 Inc                                                                       | Rapid7, Inc.                                                                     | CUSIP: 753422104<br>LEI: 549300GNVG5D60KEYN14 | Short            | EC               | CORP              | US        |      -586 | NS      | $-10846.86    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Fact Ii Acquisition Corp                                                         | Fact II Acquisition Corp.                                                        | CUSIP: G32901129<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     22895 | NC      | $8059.04      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Gmo Internet Group Inc                                                           | GMO internet group, Inc.                                                         | CUSIP: N/A<br>LEI: 529900BFZEY3BESHBW90       | Short            | EC               | CORP              | JP        |     -2131 | NS      | $-47719.69    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Adyen NV TRS                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | NL        |         1 | NC      | $-180161.83   | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ker Fp Trs:5505072                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |         1 | NC      | $-99016.79    | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Winnebago Industries Inc                                                         | Winnebago Industries, Inc.                                                       | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |      8874 | NS      | $334638.54    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Core Scientific Inc                                                              | Core Scientific, Inc.                                                            | CUSIP: 21874A106<br>LEI: 5299003RGB2LAZ65RK73 | Long             | EC               | CORP              | US        |     29774 | NS      | $641331.96    | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 01/16/26 P6625                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        19 | NC      | $213750.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Plum Acquisition Corp Iv                                                         | Plum Acquisition Corp. IV                                                        | CUSIP: G7134A120<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      4175 | NC      | $1377.75      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Uber Technologies Inc                                                            | Uber Technologies, Inc.                                                          | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      5025 | NS      | $484912.50    | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Paycom Software Inc                                                              | Paycom Software, Inc.                                                            | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Short            | EC               | CORP              | US        |     -1037 | NS      | $-194012.33   | -0.07%            |  |  |  | No            | 1                  | On Loan: No      |
| Snowflake Inc                                                                    | Snowflake, Inc.                                                                  | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Short            | EC               | CORP              | US        |     -1870 | NS      | $-514025.60   | -0.19%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: GBP 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-525505.00   | -0.19%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ibst Ln Trs:byxjc27                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-76146.50    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Icahn Enterprises/fin                                                            | Icahn Enterprises LP / Icahn Enterprises Finance Corp.                           | CUSIP: 451102CC9<br>LEI: 549300T0G4GS0SINS786 | Short            | DBT              | CORP              | US        |   -355000 | PA      | $-306187.50   | -0.11%            | 2029-02-01      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| Republic Digital Acquisition Co                                                  | Republic Digital Acquisition Co.                                                 | CUSIP: G7515A129<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     64146 | NC      | $47458.42     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Axiom Intelligence Holdings 1 LLC                                                | Axiom Intelligence Holdings 1 LLC Class A                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    109718 | NS      | $155799.56    | 0.06%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                                                              | NEW HOLLAND SPECIAL OPPORTUNITIE AGGREGATOR LP Y-5                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |        89 | NS      | $8832.57      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Sabre Corp                                                                       | Sabre Corp.                                                                      | CUSIP: 78573M104<br>LEI: 529900VKCYZW8GZ4WW58 | Short            | EC               | CORP              | US        |    -71707 | NS      | $-146640.82   | -0.05%            |  |  |  | No            | 1                  | On Loan: No      |
| Gogo Intermediate Holdin                                                         | Gogo Intermediate Holdings LLC                                                   | CUSIP: 38046JAB0<br>LEI: 2549003PQSV921SNHM89 | Long             | LON              | CORP              | US        |    273949 | PA      | $269546.64    | 0.10%             | 2028-04-28      | Floating      | 8.03%                 | No            | 2                  | On Loan: No      |
| Cbre Group Inc                                                                   | CBRE Group, Inc.                                                                 | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      1596 | NS      | $243278.28    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Ausc Ln Trs:0295958                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $2708262.29   | 0.99%             |  |  |  | No            | 2                  | On Loan: No      |
| Robinhood Markets Inc                                                            | Robinhood Markets, Inc.                                                          | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Short            | EC               | CORP              | US        |      -666 | NS      | $-97755.48    | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| Sweetgreen Inc                                                                   | Sweetgreen, Inc.                                                                 | CUSIP: 87043Q108<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -5795 | NS      | $-36450.55    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Cpi Property Group Sa                                                            | CPI Property Group SA                                                            | CUSIP: BT3966533<br>LEI: 222100CO2ZOTEPGJO223 | Short            | DBT              | CORP              | LU        |  -1257000 | PA      | $-1271169.99  | -0.46%            | 2030-01-14      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| Tenet Healthcare Corp                                                            | Tenet Healthcare Corp.                                                           | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Short            | EC               | CORP              | US        |       -76 | NS      | $-15693.24    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: EUR 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-3236451.00  | -1.18%            |  |  |  | No            | 2                  | On Loan: No      |
| Compass Group Diversifie                                                         | Compass Group Diversified Holdings LLC                                           | CUSIP: 20451RAB8<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |   1275945 | PA      | $1156325.16   | 0.42%             | 2029-04-15      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| N/A                                                                              | M3 Brigade Sponsor VI Class B                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    114295 | NS      | $171442.50    | 0.06%             |  |  |  | No            | 3                  | On Loan: No      |
| New Providence Acquisition Corp Iii                                              | New Providence Acquisition Corp. III                                             | CUSIP: G6476A110<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      6181 | NC      | $3399.86      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | GlobalData PLC TRS                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-109432.44   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Meta Platforms Inc                                                               | Meta Platforms, Inc.                                                             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Short            | EC               | CORP              | US        |     -1564 | NS      | $-1014019.40  | -0.37%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Megp Ln Trs:0848125                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-47525.09    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Yeti Holdings Inc                                                                | YETI Holdings, Inc.                                                              | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Short            | EC               | CORP              | US        |     -1606 | NS      | $-54587.94    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Ftse Developed Markets Etf                                              | Vanguard FTSE Developed Markets ETF                                              | CUSIP: 921943858<br>LEI: 549300PTTIGTMUA02X28 | Short            | EC               | RF                | US        |   -123673 | NS      | $-7541579.54  | -2.76%            |  |  |  | No            | 1                  | On Loan: No      |
| HCM Investor Holdings III                                                        | HCM Investor Holdings III,CL B                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    137934 | NS      | $89657.10     | 0.03%             |  |  |  | No            | 3                  | On Loan: No      |
| Morgan Stanley                                                                   | Recv Gns Ln Trs:0207458                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-47732.16    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Pay Ln Trs:b02qnd9                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-72656.63    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| ICE Futures Europe Financials                                                    | FTSE 250 Index FU Dec25                                                          | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | N/A              | DE               | CORP              | GB        |      -106 | NC      | $-6182509.43  | -2.26%            |  |  |  | No            | 1                  | On Loan: No      |
| Vgi Partners Global Investments Ltd                                              | VGI Partners Global Investments, Ltd.                                            | CUSIP: Q9395Z108<br>LEI: 549300JHME36HG5U2Y72 | Long             | EC               | CORP              | AU        |    627796 | NS      | $805103.65    | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Insmed Inc                                                                       | Insmed, Inc.                                                                     | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Short            | EC               | CORP              | US        |      -601 | NS      | $-113949.60   | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| GDS Holdings Ltd                                                                 | GDS Holdings, Ltd.                                                               | CUSIP: 36165L108<br>LEI: 391200MGV8DDCHTN2R77 | Long             | EC               | CORP              | KY        |     17010 | NS      | $607257.00    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Valmont Industries Inc                                                           | Valmont Industries, Inc.                                                         | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Short            | EC               | CORP              | US        |      -147 | NS      | $-60774.21    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Abn Amro Euro Sustainable Money Market                                           | ABN Amro Euro Sustainable Money Market                                           | CUSIP: N/A<br>LEI: 969500ZZMMN1N7HTVV44       | Long             | EC               | CORP              | US        |        64 | NS      | $64449.63     | 0.02%             |  |  |  | No            | 3                  | On Loan: No      |
| Blackrock Enhanced Global Dividend Trust                                         | BlackRock Enhanced Global Dividend Trust                                         | CUSIP: 092501105<br>LEI: U48QD6ILUF60LKMSND68 | Long             | EC               | RF                | US        |      1295 | NS      | $15099.70     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| TV Partners III, LLC                                                             | TV Partners III, LLC CL A                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    167872 | NS      | $503.62       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Elastic Nv                                                                       | Elastic NV                                                                       | CUSIP: N14506104<br>LEI: 2549003I48WHHH937I59 | Short            | EC               | CORP              | NL        |      -450 | NS      | $-40149.00    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Teck Resources Ltd                                                               | Teck Resources, Ltd.                                                             | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Short            | EC               | CORP              | CA        |     -1117 | NS      | $-47941.64    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Micron Technology Inc                                                            | Micron Technology, Inc.                                                          | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Short            | EC               | CORP              | US        |      -425 | NS      | $-95102.25    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: AUD 01/08/2026                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $1964199.00   | 0.72%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Basc Ln Trs:0346340                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $878388.75    | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| Global Auto Ho/aag Fh Uk                                                         | Global Auto Holdings, Ltd./AAG FH UK, Ltd.                                       | CUSIP: 00033GAB1<br>LEI: 98450091563BF7M9DC47 | Short            | DBT              | CORP              | GB        |   -578000 | PA      | $-549100.00   | -0.20%            | 2032-01-15      | Fixed         | 8.75%                 | Yes           | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Enel SpA TRS                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | BE        |         1 | NC      | $-18209.91    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Spx Ln Trs:bwfgqn1                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-405543.08   | -0.15%            |  |  |  | No            | 2                  | On Loan: No      |
| Capri Holdings Ltd                                                               | Capri Holdings, Ltd.                                                             | CUSIP: G1890L107<br>LEI: 549300LPG8W0H1OX3A26 | Long             | EC               | CORP              | VG        |     13247 | NS      | $274875.25    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| System1 Inc                                                                      | System1, Inc.                                                                    | CUSIP: 87200P208<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -1909 | NS      | $-10785.85    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Staples Inc                                                                      | Staples, Inc.                                                                    | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |   1369000 | PA      | $1341620.00   | 0.49%             | 2029-09-01      | Fixed         | 10.75%                | Yes           | 2                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 11/21/25 P6140                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        36 | NC      | $21960.00     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Hcm Iii Acquisition Corp                                                         | HCM III Acquisition Corp.                                                        | CUSIP: G4365E103<br>LEI: 529900X6CMNA2LN6C461 | Short            | EC               | CORP              | KY        |     -1421 | NS      | $-14593.67    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Hcm Iii Acquisition Corp                                                         | HCM III Acquisition Corp.                                                        | CUSIP: G4365E111<br>LEI: 529900X6CMNA2LN6C461 | N/A              | DE               | CORP              | US        |      9476 | NC      | $7580.80      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Mfs High Income Municipal Trust                                                  | MFS High Income Municipal Trust                                                  | CUSIP: 59318D104<br>LEI: 0G9TCUWY2FBUXSJY2691 | Long             | EC               | RF                | US        |     24645 | NS      | $91925.85     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| GRAF GLOBAL SPONSOR                                                              | GRAF Global Sponsor LCC Class B Warrants                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | KY        |     19276 | NC      | $4828.64      | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Fabrinet                                                                         | Fabrinet                                                                         | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Short            | EC               | CORP              | KY        |     -1270 | NS      | $-559523.90   | -0.20%            |  |  |  | No            | 1                  | On Loan: No      |
| STONERIDGE OPPORTUNITIES FUND LLP                                                | Stone Ridge Opportunities Fund LLP                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     24000 | NS      | $34368000.00  | 12.57%            |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                                                              | Forward Contracts: GBP 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-919634.00   | -0.34%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Smithson Investment Trust PLC TRS                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $8193001.83   | 3.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                                                      | AUD $ Currency Fut                                                               | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DFE              | CORP              | US        |        91 | NC      | $5956860.00   | 2.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Pimco California Municipal Income Fund                                           | PIMCO California Municipal Income Fund                                           | CUSIP: 72200N106<br>LEI: M4DHYCROG6SFNO22X437 | Long             | EC               | RF                | US        |      2248 | NS      | $19960.17     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Hubbell Inc                                                                      | Hubbell, Inc.                                                                    | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Short            | EC               | CORP              | US        |      -108 | NS      | $-50760.00    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Rms Fp Trs:5253973                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | FR        |         1 | NC      | $-79265.07    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Workday Inc                                                                      | Workday, Inc.                                                                    | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Short            | EC               | CORP              | US        |      -357 | NS      | $-85651.44    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Morgan Stanley                                                                   | Recv Boy Ln Trs:b3flwh9                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-59851.13    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Phi Ln Trs:0666747                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $72343.23     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Titan Acquisition Corp                                                           | Titan Acquisition Sponsor Holdco, LLC Class B                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     90383 | NS      | $30730.22     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| Otg Acquisition Corp I                                                           | OTG Acquisition Corp. I                                                          | CUSIP: G6791A126<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      7462 | NS      | $76149.71     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Clearway Energy Inc                                                              | Clearway Energy, Inc.                                                            | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Short            | EC               | CORP              | US        |      -470 | NS      | $-15007.10    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Salesforce Inc                                                                   | Salesforce, Inc.                                                                 | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Short            | EC               | CORP              | US        |      -208 | NS      | $-54165.28    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Hbm Healthcare Investments Ag                                                    | HBM Healthcare Investments AG                                                    | CUSIP: H3553X112<br>LEI: 549300IFDFSDRT4D3076 | Long             | EC               | CORP              | CH        |       141 | NS      | $35129.54     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Vertical Aerospace Ltd                                                           | Vertical Aerospace, Ltd.                                                         | CUSIP: G9471C206<br>LEI: 9845002F3CF4E56DA491 | Long             | EC               | CORP              | KY        |    458450 | NS      | $2067609.50   | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Gp-act Iii Acquisition Corp                                                      | GP-Act III Acquisition Corp.                                                     | CUSIP: G4035N129<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     23593 | NC      | $7880.06      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Nu Holdings Ltd/cayman Islands                                                   | NU Holdings, Ltd.                                                                | CUSIP: G6683N103<br>LEI: 5493002DG1RHWK9W2X27 | Short            | EC               | CORP              | KY        |     -4868 | NS      | $-78423.48    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Pin Ln Trs:bp37wf1                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $94797.86     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Prysmian SpA TRS                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | ES        |         1 | NC      | $-77026.73    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Willow Lane Acquisition Corp                                                     | Willow Lane Acquisition Corp.                                                    | CUSIP: G9675P110<br>LEI: 254900Z85UYRON5ZBZ90 | N/A              | DE               | CORP              | US        |        32 | NC      | $108.80       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Croda International PLC TRS                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-210188.44   | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Uem Ln Trs:bd45s96                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $436151.50    | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Leonardo Drs Inc                                                                 | Leonardo DRS, Inc.                                                               | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Short            | EC               | CORP              | US        |     -2395 | NS      | $-87561.20    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Smt Ln Trs:bldyk61                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $6291943.50   | 2.30%             |  |  |  | No            | 2                  | On Loan: No      |
| Vef Ab                                                                           | VEF AB                                                                           | CUSIP: N/A<br>LEI: 549300GLLHHE80RQ2Y24       | Long             | EC               | CORP              | SE        |     44096 | NS      | $10373.89     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Blackrock Throgmorton Trust PLC TRS                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $1174122.38   | 0.43%             |  |  |  | No            | 2                  | On Loan: No      |
| Soulpower Acquisition Corp                                                       | Soulpower Acquisition Sponsor LLC Class B                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     15057 | NS      | $27102.60     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Hfg Ln Trs:b1v9nw5                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-109356.73   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Pengana International Equities Ltd                                               | Pengana International Equities, Ltd.                                             | CUSIP: Q7377W101<br>LEI: 549300CHRVZUD361YS09 | Long             | EC               | CORP              | AU        |   1064780 | NS      | $895241.47    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Hvpe Ln Trs:br30mj8                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GG        |         1 | NC      | $55253.48     | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Neurocrine Biosciences Inc                                                       | Neurocrine Biosciences, Inc.                                                     | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Short            | EC               | CORP              | US        |     -1261 | NS      | $-180587.81   | -0.07%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Arr Ln Trs:0063326                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $3014.95      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com, Inc.                                                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Short            | EC               | CORP              | US        |     -4344 | NS      | $-1060891.68  | -0.39%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Gpe Ln Trs:bf5h9p8                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-67867.76    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| 1rt Acquisition Corp                                                             | 1RT Acquisition Corp.                                                            | CUSIP: G6757R105<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     22971 | NS      | $238438.98    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Ambu A/S TRS                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | DK        |         1 | NC      | $-293258.57   | -0.11%            |  |  |  | No            | 2                  | On Loan: No      |
| Accenture Plc                                                                    | Accenture PLC                                                                    | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Short            | EC               | CORP              | IE        |       -66 | NS      | $-16506.60    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Procap Acquisition Corp                                                          | ProCap Acquisition Corp.                                                         | CUSIP: G7257A105<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     55406 | NS      | $570127.74    | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Mlhl Ln Trs:bvybw43                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |         1 | NC      | $199320.45    | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Cyberark Software Ltd                                                            | CyberArk Software, Ltd.                                                          | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Short            | EC               | CORP              | IL        |      -530 | NS      | $-276013.40   | -0.10%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Just Ln Trs:bcrx1j1                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-221826.76   | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| Intercontinental Exchange                                                        | CZR CDS USD 12/29 GS                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              | CORP              | US        |         1 | NC      | $-44468.10    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Vicor Corp                                                                       | Vicor Corp.                                                                      | CUSIP: 925815102<br>LEI: 5299005KMQOTR6B51F09 | Short            | EC               | CORP              | US        |     -1476 | NS      | $-133917.48   | -0.05%            |  |  |  | No            | 1                  | On Loan: No      |
| Ionis Pharmaceuticals Inc                                                        | Ionis Pharmaceuticals, Inc.                                                      | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Short            | EC               | CORP              | US        |     -4394 | NS      | $-326474.20   | -0.12%            |  |  |  | No            | 1                  | On Loan: No      |
| Doordash Inc                                                                     | DoorDash, Inc.                                                                   | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Short            | EC               | CORP              | US        |     -2323 | NS      | $-590901.51   | -0.22%            |  |  |  | No            | 1                  | On Loan: No      |
| Watsco Inc                                                                       | Watsco, Inc.                                                                     | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Short            | EC               | CORP              | US        |      -258 | NS      | $-94946.58    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Barc Ln Trs:3134865                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-54782.81    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                                                      | GBP Currency Future                                                              | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DFE              | CORP              | US        |        23 | NC      | $1888875.00   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Invesco S&p 500 Equal Weight Etf                                                 | Invesco S&P 500 Equal Weight ETF                                                 | CUSIP: 46137V357<br>LEI: 549300F8VBQFIX481R47 | Short            | EC               | RF                | US        |     -4136 | NS      | $-777278.44   | -0.28%            |  |  |  | No            | 1                  | On Loan: No      |
| Brookfield Infrastructure Partners Lp                                            | Brookfield Infrastructure Partners LP                                            | CUSIP: G16252101<br>LEI: 549300WEH5R2OODI7Y90 | Short            | EC               | CORP              | BM        |     -1959 | NS      | $-66939.03    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: GBP 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-1490089.00  | -0.55%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Sabre Insurance Group PLC TRS                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-47675.70    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp.                                                              | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Short            | EC               | CORP              | US        |      -206 | NS      | $-45396.22    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Doximity Inc                                                                     | Doximity, Inc.                                                                   | CUSIP: 26622P107<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -3853 | NS      | $-254298.00   | -0.09%            |  |  |  | No            | 1                  | On Loan: No      |
| ALTERNATIVE CAPITAL INVETMTS FUND III LP 2                                       | ALTERNATIVE CAPITAL INVETMTS FUND III LP 2                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     10629 | NS      | $9990495.43   | 3.65%             |  |  |  | No            | N/A                | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Bez Ln Trs:byq0jc6                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-93818.89    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Icp Ln Trs:byt1dj1                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-123539.76   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| XTEND                                                                            | XTEND Preferred B-2 Shares                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | IL        |    579633 | NS      | $747031.01    | 0.27%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Bowl Ln Trs:bd0nvk6                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-139226.86   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| FIGX Acquisition Partners LLC                                                    | FIGX Acquisition Partners LLC Class A                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     86860 | NS      | $74699.60     | 0.03%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Prosus NV TRS                                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | NL        |         1 | NC      | $-66660.27    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Wingarc1st Inc                                                                   | WingArc1st, Inc.                                                                 | CUSIP: N/A<br>LEI: N/A                        | Short            | EC               | CORP              | JP        |     -1896 | NS      | $-41337.75    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Morgan Stanley                                                                   | Recv Fncl 6 12/23 Tba Cfd                                                        | CUSIP: TRF0606C4<br>LEI: N/A                  | N/A              | DCR              | CORP              | US        |         1 | NC      | $-153808.50   | -0.06%            |  |  |  | No            | 2                  | On Loan: No      |
| Pure Storage Inc                                                                 | Pure Storage, Inc.                                                               | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Short            | EC               | CORP              | US        |      -409 | NS      | $-40368.30    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Ellsworth Growth And Income Fund Ltd                                             | Ellsworth Growth and Income Fund, Ltd.                                           | CUSIP: 289074106<br>LEI: 549300GYFOXHCDQTI772 | Long             | EC               | RF                | US        |      5295 | NS      | $65658.00     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Chenghe Investment III LLC Class A                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    133435 | NS      | $800.61       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Columbus Circle Capital Corp I                                                   | Columbus Circle Convertible Notes                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   1714351 | PA      | $1615330.09   | 0.59%             | 2049-12-31      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Dscv Ln Trs:0005588                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-184479.58   | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Bby Ln Trs:0096162                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-191904.15   | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| Iren Ltd                                                                         | IREN, Ltd.                                                                       | CUSIP: Q4982L109<br>LEI: 254900FZF02RB3NNGB71 | Long             | EC               | CORP              | AU        |      6250 | NS      | $379687.50    | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Harmonic Inc                                                                     | Harmonic, Inc.                                                                   | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Short            | EC               | CORP              | US        |     -5884 | NS      | $-62958.80    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| MI7 Founders, LLC                                                                | MI7 Founders, LLC (MBAV) Convertible Note 1% 7/30                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   2364575 | PA      | $2364575.00   | 0.86%             | 2030-07-01      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| Guardant Health Inc                                                              | Guardant Health, Inc.                                                            | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Short            | EC               | CORP              | US        |     -2137 | NS      | $-198783.74   | -0.07%            |  |  |  | No            | 1                  | On Loan: No      |
| Star Holdings                                                                    | Star Holdings                                                                    | CUSIP: 85512G106<br>LEI: 549300NXTGWF12PTMW64 | Long             | EC               | CORP              | US        |    130599 | NS      | $955984.68    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac REMICS                                                               | CUSIP: 3137HN3H9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13197843 | PA      | $624499.49    | 0.23%             | 2055-09-25      | Floating      | 0.97%                 | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Four Ln Trs:0664097                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-150574.22   | -0.06%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Alfa Ln Trs:bdhxpg3                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-80233.64    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Cantor Equity Partners Iii Inc                                                   | Cantor Equity Partners III, Inc.                                                 | CUSIP: G1828A108<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     31544 | NS      | $338151.68    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | International Personal Finance PLC TRS                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-63635.42    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | MARKIT CDX HY S45 5Y 12/30 ICE                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              | CORP              | US        |         1 | NC      | $615569.79    | 0.23%             |  |  |  | No            | 2                  | On Loan: No      |
| Dell Technologies Inc                                                            | Dell Technologies, Inc.                                                          | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Short            | EC               | CORP              | US        |      -211 | NS      | $-34184.11    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Integrity Labs Inc.                                                              | Integrity Labs Inc.                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    337488 | NS      | $339619.91    | 0.12%             |  |  |  | No            | 3                  | On Loan: No      |
| Veralto Corp                                                                     | Veralto Corp.                                                                    | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Short            | EC               | CORP              | US        |      -481 | NS      | $-47465.08    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard, Inc.                                                                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Short            | EC               | CORP              | US        |      -525 | NS      | $-289794.75   | -0.11%            |  |  |  | No            | 1                  | On Loan: No      |
| K&f Growth Acquisition Corp Ii                                                   | K&F Growth Acquisition Corp. II                                                  | CUSIP: G52258129<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      4142 | NC      | $745.56       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Veolia Environnement SA TRS                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | FR        |         1 | NC      | $-138994.95   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Gaw Ln Trs:0371847                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-269751.71   | -0.10%            |  |  |  | No            | 2                  | On Loan: No      |
| Newhold Investment Corp Iii                                                      | NewHold Investment Corp III Sponsor Shs Class A                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     67027 | NS      | $98529.69     | 0.04%             |  |  |  | No            | 3                  | On Loan: No      |
| Cal Redwood SPAC Sponsor Equity                                                  | Cal Redwood SPAC Sponsor Equity Class B                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     16833 | NS      | $38715.90     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Iem Ln Trs:3123249                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $3046785.20   | 1.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac REMICS                                                               | CUSIP: 3137HF2W4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  17466446 | PA      | $546353.93    | 0.20%             | 2054-08-25      | Floating      | 0.77%                 | No            | 2                  | On Loan: No      |
| Mercadolibre Inc                                                                 | MercadoLibre, Inc.                                                               | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Short            | EC               | CORP              | US        |      -233 | NS      | $-542251.58   | -0.20%            |  |  |  | No            | 1                  | On Loan: No      |
| Home Depot Inc/the                                                               | Home Depot, Inc.                                                                 | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Short            | EC               | CORP              | US        |       -18 | NS      | $-6832.62     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| BEEHERO LTD                                                                      | BEEHERO LTD                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |       178 | NS      | $205791.10    | 0.08%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Lmp Ln Trs:b4wfw71                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-78432.73    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Exponent Inc                                                                     | Exponent, Inc.                                                                   | CUSIP: 30214U102<br>LEI: 529900NY3F5Q2NWPUZ42 | Short            | EC               | CORP              | US        |     -2691 | NS      | $-190549.71   | -0.07%            |  |  |  | No            | 1                  | On Loan: No      |
| Enbridge Inc                                                                     | Enbridge, Inc.                                                                   | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Short            | EC               | CORP              | CA        |     -1185 | NS      | $-55255.78    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Futr Ln Trs:byzn904                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-116565.09   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Cohen Circle Acquisition Corp Ii                                                 | Cohen Circle Acquisition Corp. II                                                | CUSIP: G2254C113<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      5559 | NC      | $4864.13      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Gerresheimer Ag                                                                  | Gerresheimer AG                                                                  | CUSIP: D2852S109<br>LEI: 5299006GD4UWSYZOKC28 | Long             | EC               | CORP              | DE        |     51401 | NS      | $1634034.81   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Pentair Plc                                                                      | Pentair PLC                                                                      | CUSIP: G7S00T104<br>LEI: 549300EVR9D56WPSRP15 | Short            | EC               | CORP              | IE        |      -575 | NS      | $-61151.25    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Ithaca Energy PLC TRS                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-68840.77    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Jsg Ln Trs:0476281                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-104055.42   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| Corning Inc                                                                      | Corning, Inc.                                                                    | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Short            | EC               | CORP              | US        |      -782 | NS      | $-69660.56    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Trimble Inc                                                                      | Trimble, Inc.                                                                    | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Short            | EC               | CORP              | US        |     -1242 | NS      | $-99049.50    | -0.04%            |  |  |  | No            | 1                  | On Loan: No      |
| China Evergrande Group                                                           | China Evergrande Group                                                           | CUSIP: AN0016476<br>LEI: 549300CUF7B1LAB15T90 | Long             | DBT              | CORP              | KY        |   4420000 | PA      | $88400.00     | 0.03%             | 2024-03-29      | Fixed         | 9.50%                 | No            | 2                  | On Loan: No      |
| Ge Vernova Inc                                                                   | GE Vernova, Inc.                                                                 | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Short            | EC               | CORP              | US        |       -78 | NS      | $-45640.92    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Pagseguro Digital Ltd                                                            | Pagseguro Digital, Ltd.                                                          | CUSIP: G68707101<br>LEI: 391200VY4YW47I4HGH62 | Long             | EC               | CORP              | KY        |    140185 | NS      | $1344374.15   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Harmony Biosciences Holdings Inc                                                 | Harmony Biosciences Holdings, Inc.                                               | CUSIP: 413197104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -1516 | NS      | $-43312.12    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| GRAF GLOBAL SPONSOR                                                              | GRAF Global Sponsor LLC Class A Shares                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     15421 | NS      | $22206.24     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Bwy Ln Trs:0090498                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-235715.66   | -0.09%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Hbmn Sw Trs:b01tcc1                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | CH        |         1 | NC      | $901409.13    | 0.33%             |  |  |  | No            | 2                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 12/19/25 P6395                                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        76 | NC      | $367080.00    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Mgns Ln Trs:0808561                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-404090.20   | -0.15%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Fevertree Drinks PLC TRS                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-35925.51    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 11/21/25 P6270                                              | CUSIP: 58599HWV5<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |        64 | NC      | $75520.00     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Brsc Ln Trs:0643610                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $2696036.84   | 0.99%             |  |  |  | No            | 2                  | On Loan: No      |
| Synopsys Inc                                                                     | Synopsys, Inc.                                                                   | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Short            | EC               | CORP              | US        |      -180 | NS      | $-81687.60    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: GBP 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-3941291.00  | -1.44%            |  |  |  | No            | 2                  | On Loan: No      |
| Servicenow Inc                                                                   | ServiceNow, Inc.                                                                 | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Short            | EC               | CORP              | US        |       -54 | NS      | $-49641.12    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Dynamix Corp                                                                     | Dynamix Corp.                                                                    | CUSIP: G2949D112<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     33079 | NC      | $72112.22     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Critical Metals Corp                                                             | Critical Metals Corp. Warrants                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     38669 | NC      | $119100.52    | 0.04%             |  |  |  | No            | 3                  | On Loan: No      |
| Asp Isotopes Inc                                                                 | ASP Isotopes, Inc.                                                               | CUSIP: 00218A105<br>LEI: 6488WHV94BZ496OZ3219 | Long             | EC               | CORP              | US        |     21178 | NS      | $214533.14    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Nyli Cbre Global Infrastructure Megatrends Term Fund                             | NYLI CBRE Global Infrastructure Megatrends Term Fund                             | CUSIP: 56064Q107<br>LEI: 549300TWA0SUTWA4FE65 | Long             | EC               | RF                | US        |     60263 | NS      | $852721.45    | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Destra Multi-alternative Fund                                                    | Destra Multi-Alternative Fund                                                    | CUSIP: 25065A502<br>LEI: 549300SP0KUS5HR5P569 | Long             | EC               | RF                | US        |      2947 | NS      | $25432.61     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Stryker Corp                                                                     | Stryker Corp.                                                                    | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Short            | EC               | CORP              | US        |      -134 | NS      | $-47736.16    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Schiehallion Fund Ltd/the                                                        | Schiehallion Fund, Ltd.                                                          | CUSIP: G78497107<br>LEI: 213800NQOLJA1JCWXQ56 | Long             | EC               | CORP              | GB        |      1664 | NS      | $2013.44      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Advanced Drainage Systems Inc                                                    | Advanced Drainage Systems, Inc.                                                  | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Short            | EC               | CORP              | US        |      -532 | NS      | $-74506.60    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Hlma Ln Trs:0405207                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-357390.37   | -0.13%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | BE Semiconductor Industries NV TRS                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | ES        |         1 | NC      | $-319164.56   | -0.12%            |  |  |  | No            | 2                  | On Loan: No      |
| The Options Clearing Corporation                                                 | S&P 500 INDEX-SPX US 11/21/25 P6275                                              | CUSIP: 475995PC4<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |        71 | NC      | $72420.00     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Byit Ln Trs:bmh18q1                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-120037.68   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Pfd Ln Trs:b7n0k05                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-135123.26   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| Labl Inc                                                                         | Multi-Color Corp, Term Loan                                                      | CUSIP: 50168EAN2<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | LON              | CORP              | US        |   1527232 | PA      | $1160146.58   | 0.42%             | 2028-10-30      | Floating      | 9.26%                 | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Plus Ln Trs:bbt3ps9                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-74657.06    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| Renatus Tactical Acquisition Corp I                                              | Renatus Tactical Acquisition Corp. I                                             | CUSIP: G7490F127<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      3588 | NC      | $5202.60      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Alight Inc                                                                       | Alight, Inc.                                                                     | CUSIP: 01626W101<br>LEI: 549300600ESCO1HTVN74 | Short            | EC               | CORP              | US        |    -73028 | NS      | $-210320.64   | -0.08%            |  |  |  | No            | 1                  | On Loan: No      |
| Iron Horse II                                                                    | Iron Horse II Sponsor Class B                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     16552 | NS      | $165520.00    | 0.06%             |  |  |  | No            | 3                  | On Loan: No      |
| Trump Media & Technology                                                         | Trump Media & Technology Group Corp.                                             | CUSIP: 25400QAA3<br>LEI: 6488S3A83U2SRQ48O215 | Long             | DBT              | CORP              | US        |      1122 | PA      | $1044952.93   | 0.38%             | 2028-05-29      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Columbus Circle 1 Sponsor Corp LLC                                               | Columbus Circle 1 Sponsor Corp LLC CL A                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     19640 | NS      | $84648.40     | 0.03%             |  |  |  | No            | 3                  | On Loan: No      |
| Cal Redwood SPAC Sponsor Equity                                                  | Cal Redwood SPAC Sponsor Equity Class A                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    134662 | NS      | $278750.34    | 0.10%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                                                              | Forward Contracts: EUR 12/22/2025                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-8669064.00  | -3.17%            |  |  |  | No            | 2                  | On Loan: No      |
| Moderna Inc                                                                      | Moderna, Inc.                                                                    | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Short            | EC               | CORP              | US        |     -6692 | NS      | $-181754.72   | -0.07%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Ryanair Holdings PLC TRS                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | IE        |         1 | NC      | $-44961.79    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| Ton Strategy Co                                                                  | TON Strategy Co.                                                                 | CUSIP: 92337U302<br>LEI: 54930048C3BMORBXZM88 | Long             | EC               | CORP              | US        |     68636 | NS      | $295821.16    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Rational AG TRS                                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | BE        |         1 | NC      | $-391890.57   | -0.14%            |  |  |  | No            | 2                  | On Loan: No      |
| 1261229 Bc Ltd                                                                   | 1261229 BC, Ltd.                                                                 | CUSIP: C6903HAB0<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    548306 | PA      | $545910.04    | 0.20%             | 2030-10-08      | Floating      | 10.41%                | No            | 2                  | On Loan: No      |
| Wen Sponsor LLC                                                                  | Wen Sponsor LLC Class B                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    157130 | NS      | $144245.34    | 0.05%             |  |  |  | No            | 3                  | On Loan: No      |
| EGH Sponsor LLC                                                                  | EGH Sponsor LLC, Cl A                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     58498 | NS      | $116411.02    | 0.04%             |  |  |  | No            | 3                  | On Loan: No      |
| Csc Holdings Llc                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    270000 | PA      | $164700.00    | 0.06%             | 2031-02-15      | Fixed         | 3.38%                 | Yes           | 2                  | On Loan: No      |
| Community Health Systems Inc                                                     | Community Health Systems, Inc.                                                   | CUSIP: 203668108<br>LEI: 549300BQWM4WENQ3YW73 | Long             | EC               | CORP              | US        |     61571 | NS      | $238895.48    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Chs/community Health Sys                                                         | CHS/Community Health Systems, Inc.                                               | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    857000 | PA      | $779870.00    | 0.29%             | 2029-04-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Btc Development Corp                                                             | BTC Development Corp.                                                            | CUSIP: G0701G109<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     15676 | NS      | $158405.98    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Dynatrace Inc                                                                    | Dynatrace, Inc.                                                                  | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Short            | EC               | CORP              | US        |      -378 | NS      | $-19115.46    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recordati Industria Chimica e Farmaceutica SpA TRS                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | IT        |         1 | NC      | $-381870.63   | -0.14%            |  |  |  | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | BT Group PLC TRS                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |         1 | NC      | $-61512.41    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                                                              | ModivCare Inc                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     27397 | PA      | $27123.41     | 0.01%             | 2026-02-22      | Floating      | 0.00%                 | No            | 2                  | On Loan: No      |
| J.P. Morgan Chase & Co.                                                          | Recv Vof Ln Trs:byxvt88                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GG        |         1 | NC      | $433337.40    | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Cantor Equity Partners Iv Inc                                                    | Cantor Equity Partners IV, Inc.                                                  | CUSIP: G1828E100<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     11518 | NS      | $121284.54    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Rithm Acquisition Corp                                                           | Rithm Acquisition Corp.                                                          | CUSIP: G75751118<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      1581 | NC      | $1027.65      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-11-30

**Name of Applicant:** Saba Capital Income & Opportunities Fund II

**Signature:** Troy Statczar

**Name of Signer:** Troy Statczar

**Title:** Principal Financial Officer