# EDGAR Filing Document

**Accession Number:** 0001966898
**File Stem:** 0001172661-25-002756
**Filing Date:** 2025-7
**Character Count:** 21601
**Document Hash:** 944192d81d2cc0f5b9016f90d06cda99
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-002756.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001172661-25-002756

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**EFFECTIVENESS DATE**: 20250729

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Portman Square Capital LLP
- **CENTRAL INDEX KEY:** 0001966898

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23143
- **FILM NUMBER:** 251158823

**BUSINESS ADDRESS:**
- **STREET 1:** 10 PORTMAN SQUARE
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** W1H 6AZ
- **BUSINESS PHONE:** 44-203-627-6800

**MAIL ADDRESS:**
- **STREET 1:** 10 PORTMAN SQUARE
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** W1H 6AZ

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Portman Square Capital LLP<br>**Address:** 10 Portman Square<br>London, X0 W1H 6AZ

**Form 13F File Number:** 028-23143

**CRD Number (if applicable):** 000319011

**SEC File Number (if applicable):** 801-126696

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

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

**Name:** Petros Toseland<br>**Title:** CCO<br>**Phone:** 44-203-627-6800

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

/s/ Petros Toseland  London, X0  07-29-2025<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 177

**Form 13F Information Table Value Total:** $3420473892

      (round to nearest dollar)

**List of Other Included Managers:**

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

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

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADVANCED ENERGY INDS | COM | 007973100 |  | 12932000 | 97600 | SH | Put | SOLE |  | 97600 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 8522696 | 64400 | SH | Call | SOLE |  | 64400 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 16185182 | 122300 | SH | Put | SOLE |  | 122300 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 30308800 | 380000 | SH | Put | SOLE |  | 380000 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 36348600 | 580000 | SH | Put | SOLE |  | 580000 | 0 | 0 |
| ALBEMARLE CORP | 7.25% DEP SHS A | 012653200 |  | 3227000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 131283416 | 1157600 | SH | Put | SOLE |  | 1157600 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 834471 | 7358 | SH |  | SOLE |  | 7358 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | NOTE 0.500% 6/0 | 01609WBG6 |  | 120951193 | 94580000 | PRN |  | SOLE |  | 94580000 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 11739240 | 36000 | SH | Put | SOLE |  | 36000 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 2271869 | 6967 | SH |  | SOLE |  | 6967 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 8007664 | 198800 | SH | Put | SOLE |  | 198800 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 3077392 | 76400 | SH | Call | SOLE |  | 76400 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | 6.75 SE B PFD | 03990B309 |  | 56411250 | 1050000 | SH |  | SOLE |  | 1050000 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 69280000 | 400000 | SH | Put | SOLE |  | 400000 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 9683760 | 31400 | SH | Put | SOLE |  | 31400 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 6568920 | 21300 | SH | Call | SOLE |  | 21300 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 5096364 | 107700 | SH | Call | SOLE |  | 107700 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 11777948 | 248900 | SH | Put | SOLE |  | 248900 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 374525 | 7788 | SH |  | SOLE |  | 7788 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 5953542 | 123800 | SH | Call | SOLE |  | 123800 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 9074583 | 188700 | SH | Put | SOLE |  | 188700 | 0 | 0 |
| BLACKLINE INC | COM | 09239B109 |  | 13617110 | 240500 | SH | Put | SOLE |  | 240500 | 0 | 0 |
| BLACKLINE INC | COM | 09239B109 |  | 462925 | 8176 | SH |  | SOLE |  | 8176 | 0 | 0 |
| BOEING CO | DEP CONV PFD A | 097023204 |  | 123103630 | 1802000 | SH |  | SOLE |  | 1802000 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 137765975 | 657500 | SH | Put | SOLE |  | 657500 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 8683860 | 1500 | SH | Call | SOLE |  | 1500 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 10999556 | 1900 | SH | Put | SOLE |  | 1900 | 0 | 0 |
| BRIDGEBIO PHARMA INC | COM | 10806X102 |  | 6291024 | 145693 | SH |  | SOLE |  | 145693 | 0 | 0 |
| BRIDGEBIO PHARMA INC | COM | 10806X102 |  | 21395690 | 495500 | SH | Put | SOLE |  | 495500 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 7647737 | 19700 | SH | Put | SOLE |  | 19700 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 5124372 | 13200 | SH | Call | SOLE |  | 13200 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 12217600 | 132800 | SH | Call | SOLE |  | 132800 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 23009200 | 250100 | SH | Put | SOLE |  | 250100 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 8305020 | 58000 | SH | Put | SOLE |  | 58000 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 5484177 | 38300 | SH | Call | SOLE |  | 38300 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1039846 | 7262 | SH |  | SOLE |  | 7262 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 6188696 | 89200 | SH | Call | SOLE |  | 89200 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 9567502 | 137900 | SH | Put | SOLE |  | 137900 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 20209656 | 103200 | SH | Put | SOLE |  | 103200 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 1781074 | 9095 | SH |  | SOLE |  | 9095 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 5424491 | 27700 | SH | Call | SOLE |  | 27700 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 9602208 | 138600 | SH | Put | SOLE |  | 138600 | 0 | 0 |
| CMS ENERGY CORP | NOTE 3.375% 5/0 | 125896BX7 |  | 10548450 | 9900000 | PRN |  | SOLE |  | 9900000 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 12337248 | 35200 | SH | Put | SOLE |  | 35200 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 5327448 | 15200 | SH | Call | SOLE |  | 15200 | 0 | 0 |
| CONFLUENT INC | CLASS A COM | 20717M103 |  | 1495800 | 60000 | SH | Call | SOLE |  | 60000 | 0 | 0 |
| CONMED CORP | COM | 207410101 |  | 3906000 | 75000 | SH | Call | SOLE |  | 75000 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 6918954 | 77100 | SH | Put | SOLE |  | 77100 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 1269731 | 14149 | SH |  | SOLE |  | 14149 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 4567766 | 50900 | SH | Call | SOLE |  | 50900 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 4176960 | 30400 | SH | Call | SOLE |  | 30400 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 1502332 | 10934 | SH |  | SOLE |  | 10934 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 6155520 | 44800 | SH | Put | SOLE |  | 44800 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 829753 | 3366 | SH |  | SOLE |  | 3366 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 87461748 | 354800 | SH | Put | SOLE |  | 354800 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 6502124 | 151600 | SH | Put | SOLE |  | 151600 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 3984481 | 92900 | SH | Call | SOLE |  | 92900 | 0 | 0 |
| DUKE ENERGY CORP NEW | NOTE 4.125% 4/1 | 26441CBY0 |  | 10327688 | 9750000 | PRN |  | SOLE |  | 9750000 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 7127200 | 60400 | SH | Put | SOLE |  | 60400 | 0 | 0 |
| ENOVIS CORPORATION | COM | 194014502 |  | 11681600 | 372500 | SH | Put | SOLE |  | 372500 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 922672 | 7714 | SH |  | SOLE |  | 7714 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 4604985 | 38500 | SH | Call | SOLE |  | 38500 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 6315408 | 52800 | SH | Put | SOLE |  | 52800 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 3845904 | 22800 | SH | Call | SOLE |  | 22800 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 6072480 | 36000 | SH | Put | SOLE |  | 36000 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 6327860 | 58700 | SH | Call | SOLE |  | 58700 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 9766680 | 90600 | SH | Put | SOLE |  | 90600 | 0 | 0 |
| EZCORP INC | CL A NON VTG | 302301106 |  | 5782408 | 416600 | SH | Put | SOLE |  | 416600 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 |  | 43037940 | 1069000 | SH | Put | SOLE |  | 1069000 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 |  | 479336 | 11906 | SH |  | SOLE |  | 11906 | 0 | 0 |
| FLUOR CORP NEW | COM | 343412102 |  | 44512614 | 868200 | SH | Put | SOLE |  | 868200 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 35617800 | 445000 | SH | Call | SOLE |  | 445000 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 46023000 | 575000 | SH | Put | SOLE |  | 575000 | 0 | 0 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 13592700 | 330000 | SH | Put | SOLE |  | 330000 | 0 | 0 |
| GUESS INC | COM | 401617105 |  | 5915637 | 489300 | SH | Put | SOLE |  | 489300 | 0 | 0 |
| HA SUSTAINABLE INFRA CAP INC | COM | 41068X100 |  | 28745572 | 1070200 | SH | Put | SOLE |  | 1070200 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 59863285 | 2927300 | SH | Put | SOLE |  | 2927300 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | 7.625 MAND CONV | 42824C208 |  | 85637000 | 1450000 | SH |  | SOLE |  | 1450000 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 13108532 | 41723 | SH |  | SOLE |  | 41723 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 51619774 | 164300 | SH | Put | SOLE |  | 164300 | 0 | 0 |
| IQIYI INC | SPONSORED ADS | 46267X108 |  | 4950867 | 2797100 | SH | Put | SOLE |  | 2797100 | 0 | 0 |
| IQIYI INC | SPONSORED ADS | 46267X108 |  | 1217369 | 687779 | SH |  | SOLE |  | 687779 | 0 | 0 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 3351100 | 230000 | SH | Put | SOLE |  | 230000 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 3281000 | 100000 | SH | Call | SOLE |  | 100000 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 80650000 | 1000000 | SH | Put | SOLE |  | 1000000 | 0 | 0 |
| ITRON INC | COM | 465741106 |  | 19520729 | 148300 | SH | Put | SOLE |  | 148300 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 183674521 | 1380700 | SH | Put | SOLE |  | 1380700 | 0 | 0 |
| KKR  CO INC | 6.25 CON SER D | 48251W500 |  | 142040000 | 2650000 | SH |  | SOLE |  | 2650000 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 18153600 | 120000 | SH | Put | SOLE |  | 120000 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 601943 | 3979 | SH |  | SOLE |  | 3979 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 12136289 | 54700 | SH | Put | SOLE |  | 54700 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 2036545 | 9179 | SH |  | SOLE |  | 9179 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 8408873 | 37900 | SH | Call | SOLE |  | 37900 | 0 | 0 |
| LUCID GROUP INC | COM | 549498103 |  | 1379353 | 653722 | SH |  | SOLE |  | 653722 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 20623198 | 36700 | SH | Put | SOLE |  | 36700 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 13542754 | 24100 | SH | Call | SOLE |  | 24100 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 8337211 | 269900 | SH | Put | SOLE |  | 269900 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 3400989 | 110100 | SH | Call | SOLE |  | 110100 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 10193157 | 3900 | SH | Put | SOLE |  | 3900 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 7056801 | 2700 | SH | Call | SOLE |  | 2700 | 0 | 0 |
| MERIT MED SYS INC | COM | 589889104 |  | 663708 | 7100 | SH | Put | SOLE |  | 7100 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 15481400 | 220000 | SH | Call | SOLE |  | 220000 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 37296100 | 530000 | SH | Put | SOLE |  | 530000 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | DEP SHS REPSTG | 595017302 |  | 8173125 | 125000 | SH |  | SOLE |  | 125000 | 0 | 0 |
| MICROSTRATEGY INC | CL A NEW | 594972408 |  | 20211500 | 50000 | SH | Put | SOLE |  | 50000 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 4990500 | 150000 | SH | Put | SOLE |  | 150000 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 21292167 | 15900 | SH | Put | SOLE |  | 15900 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 230330 | 172 | SH |  | SOLE |  | 172 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 11650431 | 8700 | SH | Call | SOLE |  | 8700 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 06/01/2027 | 65339F663 |  | 52008000 | 1100000 | SH |  | SOLE |  | 1100000 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 151675758 | 2184900 | SH | Put | SOLE |  | 2184900 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 11/01/2027 | 65339F119 |  | 90787515 | 2051000 | SH |  | SOLE |  | 2051000 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 15555288 | 296800 | SH | Call | SOLE |  | 296800 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 5094252 | 97200 | SH | Put | SOLE |  | 97200 | 0 | 0 |
| PARSONS CORP DEL | COM | 70202L102 |  | 559806 | 7800 | SH | Put | SOLE |  | 7800 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 72567458 | 5205700 | SH | Put | SOLE |  | 5205700 | 0 | 0 |
| PG CORP | NOTE 4.250%12/0 | 69331CAL2 |  | 12534480 | 12600000 | PRN |  | SOLE |  | 12600000 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 725159 | 52020 | SH |  | SOLE |  | 52020 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 3877250 | 32500 | SH | Call | SOLE |  | 32500 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 785471 | 6584 | SH |  | SOLE |  | 6584 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 9150310 | 76700 | SH | Put | SOLE |  | 76700 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 6066333 | 105300 | SH | Call | SOLE |  | 105300 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 14102928 | 244800 | SH | Put | SOLE |  | 244800 | 0 | 0 |
| REDDIT INC | CL A | 75734B100 |  | 22585500 | 150000 | SH | Put | SOLE |  | 150000 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 7693727 | 131900 | SH | Put | SOLE |  | 131900 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 555477 | 9523 | SH |  | SOLE |  | 9523 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 4963883 | 85100 | SH | Call | SOLE |  | 85100 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 9385762 | 17800 | SH | Put | SOLE |  | 17800 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 6274751 | 11900 | SH | Call | SOLE |  | 11900 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 11240768 | 123200 | SH | Put | SOLE |  | 123200 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 4771852 | 52300 | SH | Call | SOLE |  | 52300 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 16237125 | 112500 | SH | Put | SOLE |  | 112500 | 0 | 0 |
| SEMTECH CORP | COM | 816850101 |  | 6771000 | 150000 | SH | Put | SOLE |  | 150000 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 5140400 | 5000 | SH | Call | SOLE |  | 5000 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 7196560 | 7000 | SH | Put | SOLE |  | 7000 | 0 | 0 |
| SHIFT4 PMTS INC | CL A | 82452J109 |  | 14866500 | 150000 | SH | Put | SOLE |  | 150000 | 0 | 0 |
| SHIFT4 PMTS INC | 6 SER A CNV PREF | 82452J307 |  | 17879250 | 155000 | SH |  | SOLE |  | 155000 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 15241500 | 50000 | SH | Call | SOLE |  | 50000 | 0 | 0 |
| SPECTRUM BRANDS HLDGS INC NE | COM | 84790A105 |  | 10335000 | 195000 | SH | Call | SOLE |  | 195000 | 0 | 0 |
| STARWOOD PPTY TR INC | NOTE 6.750% 7/1 | 85571BBA2 |  | 6430500 | 6000000 | PRN |  | SOLE |  | 6000000 | 0 | 0 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 7152948 | 356400 | SH | Put | SOLE |  | 356400 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 10495758 | 98700 | SH | Put | SOLE |  | 98700 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 6242158 | 58700 | SH | Call | SOLE |  | 58700 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 553078 | 11285 | SH |  | SOLE |  | 11285 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 41364440 | 844000 | SH | Put | SOLE |  | 844000 | 0 | 0 |
| SYNAPTICS INC | COM | 87157D109 |  | 14908600 | 230000 | SH | Put | SOLE |  | 230000 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 6973626 | 172700 | SH | Put | SOLE |  | 172700 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 4280280 | 106000 | SH | Call | SOLE |  | 106000 | 0 | 0 |
| TETRA TECH INC NEW | COM | 88162G103 |  | 574245 | 15969 | SH |  | SOLE |  | 15969 | 0 | 0 |
| TETRA TECH INC NEW | COM | 88162G103 |  | 16182000 | 450000 | SH | Put | SOLE |  | 450000 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 10225680 | 109600 | SH | Put | SOLE |  | 109600 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 4347780 | 46600 | SH | Call | SOLE |  | 46600 | 0 | 0 |
| UGI CORP NEW | NOTE 5.000% 6/0 | 902681AB1 |  | 82582868 | 59714000 | PRN |  | SOLE |  | 59714000 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 42585906 | 1169300 | SH | Put | SOLE |  | 1169300 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 11066848 | 48100 | SH | Put | SOLE |  | 48100 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 216045 | 939 | SH |  | SOLE |  | 939 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 4923712 | 21400 | SH | Call | SOLE |  | 21400 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 4445060 | 5900 | SH | Call | SOLE |  | 5900 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 6403900 | 8500 | SH | Put | SOLE |  | 8500 | 0 | 0 |
| UNITED STS OIL FD LP | UNITS | 91232N207 |  | 1827750 | 25000 | SH | Call | SOLE |  | 25000 | 0 | 0 |
| UPSTART HLDGS INC | COM | 91680M107 |  | 272497 | 4213 | SH |  | SOLE |  | 4213 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 9369074 | 69700 | SH | Put | SOLE |  | 69700 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 4019158 | 29900 | SH | Call | SOLE |  | 29900 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 12945750 | 205000 | SH | Put | SOLE |  | 205000 | 0 | 0 |
| VENTAS RLTY LTD PARTNERSHIP | NOTE 3.750% 6/0 | 92277GAZ0 |  | 12169284 | 10158000 | PRN |  | SOLE |  | 10158000 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 28127000 | 550000 | SH | Put | SOLE |  | 550000 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 9450314 | 184793 | SH |  | SOLE |  | 184793 | 0 | 0 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 16901240 | 162200 | SH | Put | SOLE |  | 162200 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 15834190 | 103000 | SH | Put | SOLE |  | 103000 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 46123992 | 720800 | SH | Put | SOLE |  | 720800 | 0 | 0 |
| WESTERN DIGITAL CORP | NOTE 3.000%11/1 | 958102AT2 |  | 43859000 | 24400000 | PRN |  | SOLE |  | 24400000 | 0 | 0 |
| WINNEBAGO INDS INC | COM | 974637100 |  | 5800000 | 200000 | SH | Put | SOLE |  | 200000 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 4074645 | 43500 | SH | Call | SOLE |  | 43500 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 9189027 | 98100 | SH | Put | SOLE |  | 98100 | 0 | 0 |
| XEROX HOLDINGS CORP | COM NEW | 98421M106 |  | 55762 | 10581 | SH |  | SOLE |  | 10581 | 0 | 0 |
| XEROX HOLDINGS CORP | COM NEW | 98421M106 |  | 1581000 | 300000 | SH | Call | SOLE |  | 300000 | 0 | 0 |

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