# EDGAR Filing Document

**Accession Number:** 0001029160
**File Stem:** 0000902664-26-000998
**Filing Date:** 2026-2
**Character Count:** 28639
**Document Hash:** 0f2c57f24305ad6fc34713c3289429bc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000902664-26-000998.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0000902664-26-000998

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**EFFECTIVENESS DATE**: 20260213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SOROS FUND MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001029160

**ORGANIZATION NAME:**
- **EIN:** 133914976
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06420
- **FILM NUMBER:** 26633570

**BUSINESS ADDRESS:**
- **STREET 1:** 250 WEST 55TH STREET, FLOOR 29
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** (212) 872-1054

**MAIL ADDRESS:**
- **STREET 1:** 250 WEST 55TH STREET, FLOOR 29
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

### FORM 13F COVER PAGE

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

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** SOROS FUND MANAGEMENT LLC<br>**Address:** 250 WEST 55TH STREET FLOOR 29<br>NEW YORK, NY 10019

**Form 13F File Number:** 028-06420

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:** John DeSisto<br>**Title:** Assistant General Counsel<br>**Phone:** 212-320-5000

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

/s/ John DeSisto  New York, NY  02-13-2026<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 244

**Form 13F Information Table Value Total:** $8630929364

      (round to nearest dollar)

**List of Other Included Managers:**

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

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

| No.   | Name         | Form 13F File Number   |
|:---|:---|:---|
|  | SOROS GEORGE | 028-10418              |

### 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 |
| ACADIAN ASSET MANAGEMENT INC | COM | 10948W103 |  | 34656249 | 737367 | SH |  | SOLE | 1 | 737367 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 33606990 | 125259 | SH |  | SOLE | 1 | 125259 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 3683766 | 17201 | SH |  | SOLE | 1 | 17201 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 71249889 | 1109293 | SH |  | SOLE | 1 | 1109293 | 0 | 0 |
| ALEXANDER  BALDWIN INC NEW | COM | 014491104 |  | 9085233 | 440176 | SH |  | SOLE | 1 | 440176 | 0 | 0 |
| ALLIANT ENERGY CORP | NOTE 3.875% 3/1 | 018802AC2 |  | 36438023 | 35000000 | PRN |  | SOLE | 1 | 35000000 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 76426558 | 1687493 | SH |  | SOLE | 1 | 1687493 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 200027971 | 639067 | SH |  | SOLE | 1 | 639067 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 544636409 | 2359572 | SH |  | SOLE | 1 | 2359572 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 69246000 | 300000 | SH | Call | SOLE | 1 | 300000 | 0 | 0 |
| AMENTUM HOLDINGS INC | COM | 023939101 |  | 3169787 | 109303 | SH |  | SOLE | 1 | 109303 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 15912386 | 186001 | SH |  | SOLE | 1 | 186001 | 0 | 0 |
| AMERICAN WTR CAP CORP | NOTE 3.625% 6/1 | 03040WBE4 |  | 9965635 | 10000000 | PRN |  | SOLE | 1 | 10000000 | 0 | 0 |
| AMICUS THERAPEUTICS INC | COM | 03152W109 |  | 71200000 | 5000000 | SH |  | SOLE | 1 | 5000000 | 0 | 0 |
| AMRIZE LTD | SHS | H2927K103 |  | 14421351 | 266667 | SH |  | SOLE | 1 | 266667 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 5803680 | 21400 | SH |  | SOLE | 1 | 21400 | 0 | 0 |
| ANDERSEN GROUP INC | CL A | 033853102 |  | 1623218 | 62600 | SH |  | SOLE | 1 | 62600 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 113158735 | 416239 | SH |  | SOLE | 1 | 416239 | 0 | 0 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 |  | 403539 | 11576 | SH |  | SOLE | 1 | 11576 | 0 | 0 |
| ASTERA LABS INC | COM | 04626A103 |  | 558803 | 3359 | SH |  | SOLE | 1 | 3359 | 0 | 0 |
| ASTRIA THERAPEUTICS INC | COM | 04635X102 |  | 11432806 | 873400 | SH |  | SOLE | 1 | 873400 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 46496239 | 286766 | SH |  | SOLE | 1 | 286766 | 0 | 0 |
| AVIDITY BIOSCIENCES INC | COM | 05370A108 |  | 60659599 | 840976 | SH |  | SOLE | 1 | 840976 | 0 | 0 |
| BANKUNITED INC | COM | 06652K103 |  | 5780907 | 129704 | SH |  | SOLE | 1 | 129704 | 0 | 0 |
| BETA TECHNOLOGIES INC | COM SHS CL A | 086921103 |  | 7574949 | 268520 | SH |  | SOLE | 1 | 268520 | 0 | 0 |
| BGC GROUP INC | CL A | 088929104 |  | 18849114 | 2110763 | SH |  | SOLE | 1 | 2110763 | 0 | 0 |
| BILL HOLDINGS INC | NOTE 4/0 | 090043AF7 |  | 83338230 | 90385000 | PRN |  | SOLE | 1 | 90385000 | 0 | 0 |
| BILLIONTOONE INC | CL A | 090168105 |  | 1186680 | 14500 | SH |  | SOLE | 1 | 14500 | 0 | 0 |
| BLACK ROCK COFFEE BAR INC | CL A | 092244102 |  | 7526063 | 338250 | SH |  | SOLE | 1 | 338250 | 0 | 0 |
| BLACKLINE INC | COM | 09239B109 |  | 4146750 | 75000 | SH |  | SOLE | 1 | 75000 | 0 | 0 |
| BLUE OWL CAPITAL INC | COM CL A | 09581B103 |  | 17727445 | 1186576 | SH |  | SOLE | 1 | 1186576 | 0 | 0 |
| BRIGHTHOUSE FINL INC | COM | 10922N103 |  | 50164435 | 774262 | SH |  | SOLE | 1 | 774262 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 35433372 | 102379 | SH |  | SOLE | 1 | 102379 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 1011203 | 9828 | SH |  | SOLE | 1 | 9828 | 0 | 0 |
| BULLISH | ORD SHS | G16910120 |  | 4097534 | 108200 | SH |  | SOLE | 1 | 108200 | 0 | 0 |
| BUNGE GLOBAL SA | COM SHS | H11356104 |  | 7711477 | 86568 | SH |  | SOLE | 1 | 86568 | 0 | 0 |
| CADENCE BANK | COM | 12740C103 |  | 25590388 | 597348 | SH |  | SOLE | 1 | 597348 | 0 | 0 |
| CANTALOUPE INC | COM | 138103106 |  | 13294966 | 1251880 | SH |  | SOLE | 1 | 1251880 | 0 | 0 |
| CANTOR EQUITY PARTNERS V INC | SHS CL A S | G1828S109 |  | 768750 | 75000 | SH |  | SOLE | 1 | 75000 | 0 | 0 |
| CENTERPOINT ENERGY INC | NOTE 4.250% 8/1 | 15189TBD8 |  | 5474953 | 5000000 | PRN |  | SOLE | 1 | 5000000 | 0 | 0 |
| CENTRAL BANCOMPANY | COM CL A | 152413100 |  | 2672978 | 110820 | SH |  | SOLE | 1 | 110820 | 0 | 0 |
| CHARLES RIV LABS INTL INC | COM | 159864107 |  | 1352075 | 6778 | SH |  | SOLE | 1 | 6778 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 58891245 | 285561 | SH |  | SOLE | 1 | 285561 | 0 | 0 |
| CIDARA THERAPEUTICS INC | COM NEW | 171757206 |  | 60744750 | 275000 | SH |  | SOLE | 1 | 275000 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 4100365 | 51707 | SH |  | SOLE | 1 | 51707 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 17435794 | 298507 | SH |  | SOLE | 1 | 298507 | 0 | 0 |
| CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 |  | 1502800 | 680000 | SH |  | SOLE | 1 | 680000 | 0 | 0 |
| CLEARWATER ANALYTICS HLDGS I | CL A | 185123106 |  | 69444206 | 2879113 | SH |  | SOLE | 1 | 2879113 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 8200046 | 30028 | SH |  | SOLE | 1 | 30028 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 77368804 | 1106375 | SH |  | SOLE | 1 | 1106375 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 7685142 | 33984 | SH |  | SOLE | 1 | 33984 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 2195122 | 73440 | SH |  | SOLE | 1 | 73440 | 0 | 0 |
| COMERICA INC | COM | 200340107 |  | 65110048 | 748994 | SH |  | SOLE | 1 | 748994 | 0 | 0 |
| COMMVAULT SYS INC | COM | 204166102 |  | 8775200 | 70000 | SH |  | SOLE | 1 | 70000 | 0 | 0 |
| COMPASS DIVERSIFIED | SH BEN INT | 20451Q104 |  | 599170 | 124827 | SH |  | SOLE | 1 | 124827 | 0 | 0 |
| CONFLUENT INC | CLASS A COM | 20717M103 |  | 81342969 | 2689913 | SH |  | SOLE | 1 | 2689913 | 0 | 0 |
| CONFLUENT INC | CLASS A COM | 20717M103 |  | 24612336 | 813900 | SH | Call | SOLE | 1 | 813900 | 0 | 0 |
| CONFLUENT INC | NOTE 1/1 | 20717MAB9 |  | 160807899 | 164927000 | PRN |  | SOLE | 1 | 164927000 | 0 | 0 |
| CORE  MAIN INC | CL A | 21874C102 |  | 22578574 | 434454 | SH |  | SOLE | 1 | 434454 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 79468 | 5458 | SH |  | SOLE | 1 | 5458 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | *W EXP 01/23/202 | 21874A114 |  | 8990958 | 1062761 | SH |  | SOLE | 1 | 1062761 | 0 | 0 |
| COREBRIDGE FINL INC | COM | 21871X109 |  | 62401788 | 2068339 | SH |  | SOLE | 1 | 2068339 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 123176361 | 1720100 | SH | Put | SOLE | 1 | 1720100 | 0 | 0 |
| COUPANG INC | CL A | 22266T109 |  | 2187548 | 92732 | SH |  | SOLE | 1 | 92732 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 24960000 | 200000 | SH |  | SOLE | 1 | 200000 | 0 | 0 |
| CSG SYS INTL INC | COM | 126349109 |  | 28943573 | 377410 | SH |  | SOLE | 1 | 377410 | 0 | 0 |
| CYBERARK SOFTWARE LTD | SHS | M2682V108 |  | 87468798 | 196092 | SH |  | SOLE | 1 | 196092 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 51691839 | 380115 | SH |  | SOLE | 1 | 380115 | 0 | 0 |
| DAYFORCE INC | COM | 15677J108 |  | 102994524 | 1489221 | SH |  | SOLE | 1 | 1489221 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 8883139 | 57418 | SH |  | SOLE | 1 | 57418 | 0 | 0 |
| DIGITALBRIDGE GROUP INC | CL A NEW | 25401T603 |  | 36816000 | 2400000 | SH |  | SOLE | 1 | 2400000 | 0 | 0 |
| DIGITALOCEAN HLDGS INC | NOTE 12/0 | 25402DAB8 |  | 36065929 | 37348000 | PRN |  | SOLE | 1 | 37348000 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 77217178 | 678713 | SH |  | SOLE | 1 | 678713 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 11377000 | 100000 | SH | Call | SOLE | 1 | 100000 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 5350615 | 91323 | SH |  | SOLE | 1 | 91323 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 32118488 | 141816 | SH |  | SOLE | 1 | 141816 | 0 | 0 |
| DROPBOX INC | NOTE 3/0 | 26210CAC8 |  | 137550347 | 138750000 | PRN |  | SOLE | 1 | 138750000 | 0 | 0 |
| DROPBOX INC | NOTE 3/0 | 26210CAD6 |  | 93411226 | 92500000 | PRN |  | SOLE | 1 | 92500000 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 14793600 | 368000 | SH |  | SOLE | 1 | 368000 | 0 | 0 |
| DYNAVAX TECHNOLOGIES CORP | COM NEW | 268158201 |  | 24139018 | 1569507 | SH |  | SOLE | 1 | 1569507 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 87535381 | 428402 | SH |  | SOLE | 1 | 428402 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 24001903 | 22334 | SH |  | SOLE | 1 | 22334 | 0 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 1236428 | 2021 | SH |  | SOLE | 1 | 2021 | 0 | 0 |
| ENOVIX CORPORATION | COM | 293594107 |  | 1827500 | 250000 | SH | Call | SOLE | 1 | 250000 | 0 | 0 |
| ENPHASE ENERGY INC | NOTE 3/0 | 29355AAH0 |  | 990625 | 1000000 | PRN |  | SOLE | 1 | 1000000 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 12820000 | 400000 | SH |  | SOLE | 1 | 400000 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 14400502 | 155799 | SH |  | SOLE | 1 | 155799 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 10167596 | 161288 | SH |  | SOLE | 1 | 161288 | 0 | 0 |
| ETHZILLA CORPORATION | COM SHS | 68236V401 |  | 173862 | 35482 | SH |  | SOLE | 1 | 35482 | 0 | 0 |
| ETORO GROUP LTD | SHS CL A | G32089107 |  | 6050089 | 172220 | SH |  | SOLE | 1 | 172220 | 0 | 0 |
| ETSY INC | NOTE 0.125%10/0 | 29786AAJ5 |  | 85975812 | 85000000 | PRN |  | SOLE | 1 | 85000000 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 1002544 | 14890 | SH |  | SOLE | 1 | 14890 | 0 | 0 |
| EVGO INC | CL A COM | 30052F100 |  | 13095000 | 4500000 | SH |  | SOLE | 1 | 4500000 | 0 | 0 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 87748754 | 864009 | SH |  | SOLE | 1 | 864009 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 27148114 | 622806 | SH |  | SOLE | 1 | 622806 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 224852 | 133 | SH |  | SOLE | 1 | 133 | 0 | 0 |
| FERMI INC | COM | 314911108 |  | 484312 | 60539 | SH |  | SOLE | 1 | 60539 | 0 | 0 |
| FIGURE TECHNOLOGY SOLUTIO | COM CL A | 349381103 |  | 85669986 | 2097698 | SH |  | SOLE | 1 | 2097698 | 0 | 0 |
| FLUOR CORP NEW | COM | 343412102 |  | 4836921 | 122052 | SH |  | SOLE | 1 | 122052 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 19996140 | 92988 | SH |  | SOLE | 1 | 92988 | 0 | 0 |
| FORGE GLOBAL HOLDINGS INC | COM SHS | 34629L202 |  | 8846497 | 198530 | SH |  | SOLE | 1 | 198530 | 0 | 0 |
| GALAXY DIGITAL INC. | CL A | 36317J209 |  | 6079930 | 271911 | SH |  | SOLE | 1 | 271911 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 3879382 | 47298 | SH |  | SOLE | 1 | 47298 | 0 | 0 |
| GFL ENVIRONMENTAL INC | SUB VTG SHS | 36168Q104 |  | 31466029 | 732620 | SH |  | SOLE | 1 | 732620 | 0 | 0 |
| GLOBAL PMTS INC | NOTE 1.500% 3/0 | 37940XAU6 |  | 175686464 | 195500000 | PRN |  | SOLE | 1 | 195500000 | 0 | 0 |
| GLOBALSTAR INC | COM NEW | 378973507 |  | 4814896 | 78881 | SH |  | SOLE | 1 | 78881 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 20349630 | 145500 | SH |  | SOLE | 1 | 145500 | 0 | 0 |
| GROCERY OUTLET HLDG CORP | COM | 39874R101 |  | 1387033 | 137330 | SH |  | SOLE | 1 | 137330 | 0 | 0 |
| GRUPO AEROMEXICO SAB DE CV | SPONSORED ADS | 40054J109 |  | 2745000 | 125000 | SH |  | SOLE | 1 | 125000 | 0 | 0 |
| HILLENBRAND INC | COM | 431571108 |  | 44153606 | 1391980 | SH |  | SOLE | 1 | 1391980 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 65284675 | 876422 | SH |  | SOLE | 1 | 876422 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 13862120 | 71055 | SH |  | SOLE | 1 | 71055 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 12942249 | 50530 | SH |  | SOLE | 1 | 50530 | 0 | 0 |
| HUNTSMAN CORP | COM | 447011107 |  | 59000000 | 5900000 | SH | Call | SOLE | 1 | 5900000 | 0 | 0 |
| HUNTSMAN CORP | COM | 447011107 |  | 384350 | 38435 | SH |  | SOLE | 1 | 38435 | 0 | 0 |
| IDACORP INC | COM | 451107106 |  | 74044687 | 585056 | SH |  | SOLE | 1 | 585056 | 0 | 0 |
| INDIVIOR PLC | ORD | G4766E116 |  | 41421738 | 1154452 | SH |  | SOLE | 1 | 1154452 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 49613879 | 771480 | SH |  | SOLE | 1 | 771480 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 19935075 | 104067 | SH |  | SOLE | 1 | 104067 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 27182715 | 327700 | SH | Call | SOLE | 1 | 327700 | 0 | 0 |
| ISHARES INC | MSCI EMRG CHN | 46434G764 |  | 25778578 | 354686 | SH |  | SOLE | 1 | 354686 | 0 | 0 |
| ISHARES INC | MSCI CDA ETF | 464286509 |  | 5268961 | 97700 | SH |  | SOLE | 1 | 97700 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 25856354 | 241400 | SH |  | SOLE | 1 | 241400 | 0 | 0 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 12444250 | 325000 | SH |  | SOLE | 1 | 325000 | 0 | 0 |
| ITRON INC | COM | 465741106 |  | 34842836 | 375219 | SH |  | SOLE | 1 | 375219 | 0 | 0 |
| ITT INC | COM | 45073V108 |  | 57152459 | 329390 | SH |  | SOLE | 1 | 329390 | 0 | 0 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 1726086 | 13031 | SH |  | SOLE | 1 | 13031 | 0 | 0 |
| JANUS HENDERSON GROUP PLC | ORD SHS | G4474Y214 |  | 47426862 | 996991 | SH |  | SOLE | 1 | 996991 | 0 | 0 |
| JAZZ INVESTMENTS I LTD | NOTE 2.000% 6/1 | 472145AF8 |  | 173176300 | 149399000 | PRN |  | SOLE | 1 | 149399000 | 0 | 0 |
| JD.COM INC | NOTE 0.250% 6/0 | 47215PAJ5 |  | 41073512 | 41000000 | PRN |  | SOLE | 1 | 41000000 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 697606 | 2165 | SH |  | SOLE | 1 | 2165 | 0 | 0 |
| KARMAN HLDGS INC | COMMON STOCK | 485924104 |  | 698261 | 9543 | SH |  | SOLE | 1 | 9543 | 0 | 0 |
| KENVUE INC | COM | 49177J102 |  | 21497744 | 1246246 | SH |  | SOLE | 1 | 1246246 | 0 | 0 |
| KODIAK AI INC. | COM | 500081104 |  | 108850320 | 9967978 | SH |  | SOLE | 1 | 9967978 | 0 | 0 |
| LEGENCE CORP | CL A | 52476L109 |  | 5533222 | 128560 | SH |  | SOLE | 1 | 128560 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S A | 531229771 |  | 911676 | 10200 | SH |  | SOLE | 1 | 10200 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S C | 531229755 |  | 13791400 | 140000 | SH |  | SOLE | 1 | 140000 | 0 | 0 |
| LINCOLN NATL CORP IND | COM | 534187109 |  | 1514688 | 34015 | SH |  | SOLE | 1 | 34015 | 0 | 0 |
| LIONSGATE STUDIOS CORP | COM | 53626N102 |  | 3660874 | 400972 | SH |  | SOLE | 1 | 400972 | 0 | 0 |
| LUCID GROUP INC | COM NEW | 549498202 |  | 1015777 | 96100 | SH |  | SOLE | 1 | 96100 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 1501427 | 7225 | SH |  | SOLE | 1 | 7225 | 0 | 0 |
| LUMENTUM HLDGS INC | NOTE 0.500%12/1 | 55024UAD1 |  | 38054314 | 10250000 | PRN |  | SOLE | 1 | 10250000 | 0 | 0 |
| LUMENTUM HLDGS INC | NOTE 0.500% 6/1 | 55024UAF6 |  | 14186445 | 5000000 | PRN |  | SOLE | 1 | 5000000 | 0 | 0 |
| MARRIOTT VACATIONS WORLDWIDE | NOTE 1/1 | 57164YAD9 |  | 83404156 | 83609000 | PRN |  | SOLE | 1 | 83609000 | 0 | 0 |
| MASTEC INC | COM | 576323109 |  | 3196208 | 14704 | SH |  | SOLE | 1 | 14704 | 0 | 0 |
| MEDLINE INC | COM CL A | 58507V107 |  | 66360000 | 1580000 | SH |  | SOLE | 1 | 1580000 | 0 | 0 |
| MIAMI INTL HLDGS INC | COM | 59356Q108 |  | 6859373 | 154560 | SH |  | SOLE | 1 | 154560 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 127211888 | 263041 | SH |  | SOLE | 1 | 263041 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 11907864 | 28373 | SH |  | SOLE | 1 | 28373 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 624831 | 12368 | SH |  | SOLE | 1 | 12368 | 0 | 0 |
| NCL CORP LTD | NOTE 1.125% 2/1 | 62886HBD2 |  | 40192759 | 40175000 | PRN |  | SOLE | 1 | 40175000 | 0 | 0 |
| NEPTUNE INS HLDGS INC | CL A | 64073B103 |  | 4986360 | 171000 | SH |  | SOLE | 1 | 171000 | 0 | 0 |
| NEW GOLD INC CDA | COM | 644535106 |  | 84417303 | 9691998 | SH |  | SOLE | 1 | 9691998 | 0 | 0 |
| NORTHERN DYNASTY MINERALS LT | COM NEW | 66510M204 |  | 126681 | 64305 | SH |  | SOLE | 1 | 64305 | 0 | 0 |
| NOVANTA INC | UNIT 11/01/2028 | 67000B203 |  | 31742988 | 581067 | SH |  | SOLE | 1 | 581067 | 0 | 0 |
| NUSCALE PWR CORP | CL A COM | 67079K100 |  | 2128490 | 150211 | SH |  | SOLE | 1 | 150211 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 124148574 | 665676 | SH |  | SOLE | 1 | 665676 | 0 | 0 |
| OKLO INC | COM CL A | 02156V109 |  | 2306869 | 32147 | SH |  | SOLE | 1 | 32147 | 0 | 0 |
| OKTA INC | NOTE 0.375% 6/1 | 679295AF2 |  | 10300492 | 10500000 | PRN |  | SOLE | 1 | 10500000 | 0 | 0 |
| OLD NATL BANCORP IND | COM | 680033107 |  | 19090332 | 855685 | SH |  | SOLE | 1 | 855685 | 0 | 0 |
| ONESTREAM INC | CL A | 68278B107 |  | 6065400 | 330000 | SH |  | SOLE | 1 | 330000 | 0 | 0 |
| OPENDOOR TECHNOLOGIES INC | *W EXP 11/20/202 | 683712137 |  | 104 | 200 | SH |  | SOLE | 1 | 200 | 0 | 0 |
| OPENDOOR TECHNOLOGIES INC | *W EXP 11/20/202 | 683712129 |  | 29723 | 33026 | SH |  | SOLE | 1 | 33026 | 0 | 0 |
| ORMAT TECHNOLOGIES INC | COM | 686688102 |  | 7532949 | 68190 | SH |  | SOLE | 1 | 68190 | 0 | 0 |
| PAGERDUTY INC | COM | 69553P100 |  | 2420001 | 184592 | SH |  | SOLE | 1 | 184592 | 0 | 0 |
| PAPA JOHNS INTL INC | COM | 698813102 |  | 2414516 | 62731 | SH |  | SOLE | 1 | 62731 | 0 | 0 |
| PERPETUA RESOURCES CORP | COM | 714266103 |  | 276139 | 11406 | SH |  | SOLE | 1 | 11406 | 0 | 0 |
| PG CORP | NOTE 4.250%12/0 | 69331CAL2 |  | 137494735 | 133500000 | PRN |  | SOLE | 1 | 133500000 | 0 | 0 |
| PINNACLE FINL PARTNERS INC | COM | 72346Q104 |  | 205418 | 2153 | SH |  | SOLE | 1 | 2153 | 0 | 0 |
| PLYMOUTH INDL REIT INC | COM | 729640102 |  | 6853363 | 313225 | SH |  | SOLE | 1 | 313225 | 0 | 0 |
| PONY AI INC | SPONSORED ADS | 732908108 |  | 17859853 | 1231714 | SH |  | SOLE | 1 | 1231714 | 0 | 0 |
| PONY AI INC | SPONSORED ADS | 732908108 |  | 14500000 | 1000000 | SH | Call | SOLE | 1 | 1000000 | 0 | 0 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 |  | 3019302 | 75900 | SH |  | SOLE | 1 | 75900 | 0 | 0 |
| PROTAGONIST THERAPEUTICS INC | COM | 74366E102 |  | 8734000 | 100000 | SH |  | SOLE | 1 | 100000 | 0 | 0 |
| PURECYCLE TECHNOLOGIES INC | COM | 74623V103 |  | 505977 | 58903 | SH |  | SOLE | 1 | 58903 | 0 | 0 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 6532000 | 80000 | SH |  | SOLE | 1 | 80000 | 0 | 0 |
| QXO INC | COM NEW | 82846H405 |  | 792723 | 41095 | SH |  | SOLE | 1 | 41095 | 0 | 0 |
| RADIAN GROUP INC | COM | 750236101 |  | 6433824 | 178767 | SH |  | SOLE | 1 | 178767 | 0 | 0 |
| RADNET INC | COM | 750491102 |  | 40994499 | 574555 | SH |  | SOLE | 1 | 574555 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 7590121 | 149089 | SH |  | SOLE | 1 | 149089 | 0 | 0 |
| RAPID7 INC | NOTE 0.250% 3/1 | 753422AF1 |  | 73334312 | 77500000 | PRN |  | SOLE | 1 | 77500000 | 0 | 0 |
| RAPID7 INC | COM | 753422104 |  | 2049644 | 134845 | SH |  | SOLE | 1 | 134845 | 0 | 0 |
| REV GROUP INC | COM | 749527107 |  | 39034547 | 641910 | SH |  | SOLE | 1 | 641910 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE 4.625% 3/1 | 76954AAB9 |  | 180329907 | 143436000 | PRN |  | SOLE | 1 | 143436000 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 9362250 | 475000 | SH | Put | SOLE | 1 | 475000 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 |  | 837445 | 10335 | SH |  | SOLE | 1 | 10335 | 0 | 0 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 849284 | 43868 | SH |  | SOLE | 1 | 43868 | 0 | 0 |
| ROGERS CORP | COM | 775133101 |  | 3406129 | 37197 | SH |  | SOLE | 1 | 37197 | 0 | 0 |
| ROIVANT SCIENCES LTD | SHS | G76279101 |  | 205976 | 9492 | SH |  | SOLE | 1 | 9492 | 0 | 0 |
| RUBRIK INC. | CL A | 781154109 |  | 1680342 | 21971 | SH |  | SOLE | 1 | 21971 | 0 | 0 |
| SAILPOINT INC | COM | 78781J109 |  | 8597750 | 425000 | SH |  | SOLE | 1 | 425000 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 137553458 | 519246 | SH |  | SOLE | 1 | 519246 | 0 | 0 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 21583953 | 520974 | SH |  | SOLE | 1 | 520974 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 17103028 | 312270 | SH |  | SOLE | 1 | 312270 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 162735458 | 3639800 | SH | Put | SOLE | 1 | 3639800 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 35008663 | 396519 | SH |  | SOLE | 1 | 396519 | 0 | 0 |
| SEMRUSH HLDGS INC | CL A COM | 81686C104 |  | 15279839 | 1285100 | SH |  | SOLE | 1 | 1285100 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 865375 | 5376 | SH |  | SOLE | 1 | 5376 | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORP | COM | 83001C108 |  | 6749600 | 440000 | SH |  | SOLE | 1 | 440000 | 0 | 0 |
| SMURFIT WESTROCK PLC | SHS | G8267P108 |  | 92891063 | 2402148 | SH |  | SOLE | 1 | 2402148 | 0 | 0 |
| SNAP INC | NOTE 0.125% 3/0 | 83304AAH9 |  | 9116187 | 10000000 | PRN |  | SOLE | 1 | 10000000 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 19796143 | 90245 | SH |  | SOLE | 1 | 90245 | 0 | 0 |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 |  | 19641600 | 220000 | SH |  | SOLE | 1 | 220000 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 96596014 | 141653 | SH |  | SOLE | 1 | 141653 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 102288000 | 150000 | SH | Put | SOLE | 1 | 150000 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A474 |  | 914094 | 30268 | SH |  | SOLE | 1 | 30268 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A888 |  | 20857534 | 202579 | SH |  | SOLE | 1 | 202579 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R556 |  | 415483782 | 3290700 | SH | Put | SOLE | 1 | 3290700 | 0 | 0 |
| SPOTIFY USA INC | NOTE 3/1 | 84921RAB6 |  | 221228461 | 194500000 | PRN |  | SOLE | 1 | 194500000 | 0 | 0 |
| STANDARDAERO INC | COM | 85423L103 |  | 12177528 | 424600 | SH |  | SOLE | 1 | 424600 | 0 | 0 |
| STUBHUB HLDGS INC | CL A | 86384P109 |  | 6583684 | 486599 | SH |  | SOLE | 1 | 486599 | 0 | 0 |
| SUNRUN INC | COM | 86771W105 |  | 41023131 | 2229518 | SH |  | SOLE | 1 | 2229518 | 0 | 0 |
| SUNRUN INC | COM | 86771W105 |  | 36800000 | 2000000 | SH | Call | SOLE | 1 | 2000000 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 13965681 | 167394 | SH |  | SOLE | 1 | 167394 | 0 | 0 |
| SYNOVUS FINL CORP | COM NEW | 87161C501 |  | 71990969 | 1438381 | SH |  | SOLE | 1 | 1438381 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 106318348 | 349858 | SH |  | SOLE | 1 | 349858 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 6523132 | 25478 | SH |  | SOLE | 1 | 25478 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 711823 | 36673 | SH |  | SOLE | 1 | 36673 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 25481585 | 56661 | SH |  | SOLE | 1 | 56661 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 17035157 | 98191 | SH |  | SOLE | 1 | 98191 | 0 | 0 |
| TKO GROUP HOLDINGS INC | CL A | 87256C101 |  | 132836847 | 635583 | SH |  | SOLE | 1 | 635583 | 0 | 0 |
| TRIPADVISOR INC | COM | 896945201 |  | 7571200 | 520000 | SH |  | SOLE | 1 | 520000 | 0 | 0 |
| TWO HBRS INVT CORP | COM | 90187B804 |  | 750036 | 71432 | SH |  | SOLE | 1 | 71432 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 30405843 | 372119 | SH |  | SOLE | 1 | 372119 | 0 | 0 |
| UDEMY INC | COM | 902685106 |  | 6435000 | 1100000 | SH |  | SOLE | 1 | 1100000 | 0 | 0 |
| UL SOLUTIONS INC | CLASS A COM SHS | 903731107 |  | 45779807 | 580520 | SH |  | SOLE | 1 | 580520 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 18747277 | 56791 | SH |  | SOLE | 1 | 56791 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 657338 | 14882 | SH |  | SOLE | 1 | 14882 | 0 | 0 |
| V2X INC | COM | 92242T101 |  | 5062240 | 92800 | SH |  | SOLE | 1 | 92800 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 104437700 | 290000 | SH | Put | SOLE | 1 | 290000 | 0 | 0 |
| VIA TRANSN INC | COM CL A | 92556W104 |  | 870300 | 30000 | SH |  | SOLE | 1 | 30000 | 0 | 0 |
| VIKING THERAPEUTICS INC | COM | 92686J106 |  | 3166200 | 90000 | SH |  | SOLE | 1 | 90000 | 0 | 0 |
| VOYAGER TECHNOLOGIES INC | COM CL A | 92892B103 |  | 1348824 | 51600 | SH |  | SOLE | 1 | 51600 | 0 | 0 |
| VSE CORP | COM | 918284100 |  | 1143046 | 6616 | SH |  | SOLE | 1 | 6616 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 1976859 | 17744 | SH |  | SOLE | 1 | 17744 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 4323000 | 150000 | SH |  | SOLE | 1 | 150000 | 0 | 0 |
| WEALTHFRONT CORP | COM | 947002101 |  | 2486426 | 182960 | SH |  | SOLE | 1 | 182960 | 0 | 0 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 10149998 | 96245 | SH |  | SOLE | 1 | 96245 | 0 | 0 |
| WILLSCOT HLDGS CORP | COM CL A | 971378104 |  | 849949 | 45138 | SH |  | SOLE | 1 | 45138 | 0 | 0 |
| WOLFSPEED INC | COMMON STOCK | 97785W106 |  | 10304979 | 591900 | SH | Call | SOLE | 1 | 591900 | 0 | 0 |
| WOODWARD INC | COM | 980745103 |  | 54797919 | 181258 | SH |  | SOLE | 1 | 181258 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 54067367 | 732025 | SH |  | SOLE | 1 | 732025 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 16129561 | 66426 | SH |  | SOLE | 1 | 66426 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 18677727 | 148448 | SH |  | SOLE | 1 | 148448 | 0 | 0 |

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