# EDGAR Filing Document

**Accession Number:** 0001510281
**File Stem:** 0001062993-25-016858
**Filing Date:** 2025-11
**Character Count:** 39534
**Document Hash:** b3408c0aa5c6bd8589ec2b100eeee351
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-25-016858.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001062993-25-016858

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Saba Capital Management, L.P.
- **CENTRAL INDEX KEY:** 0001510281

**ORGANIZATION NAME:**
- **EIN:** 800361690
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14282
- **FILM NUMBER:** 251488040

**BUSINESS ADDRESS:**
- **STREET 1:** 405 LEXINGTON AVENUE
- **STREET 2:** 58TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10174
- **BUSINESS PHONE:** 212-542-4635

**MAIL ADDRESS:**
- **STREET 1:** 405 LEXINGTON AVENUE
- **STREET 2:** 58TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10174

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Saba Capital Management L.P.<br>**Address:** 405 LEXINGTON AVENUE<br>58TH FLOOR<br>NEW YORK, NY 10174

**Form 13F File Number:** 028-14282

**CRD Number (if applicable):** 000154362

**SEC File Number (if applicable):** 801-71740

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:** Benjamin Vice<br>**Title:** Senior Compliance Officer Legal Counsel<br>**Phone:** 212-542-3610

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

Benjamin Vice  New York, NY  11-14-2025<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:** 329

**Form 13F Information Table Value Total:** $3657235731

      (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 |
| 1RT ACQUISITION CORP. | USD CL A ORD SHS | G6757R105 |  | 8098039 | 774932 | SH |  | SOLE |  | 774932 | 0 | 0 |
| 1RT ACQUISITION CORP. | *W EXP 06/26/203 | G6757R113 |  | 177998 | 199998 | SH |  | SOLE |  | 199998 | 0 | 0 |
| ABPRO HLDGS INC | *W EXP 11/12/202 | 000847111 |  | 27219 | 997048 | SH |  | SOLE |  | 997048 | 0 | 0 |
| ABRDN HEALTHCARE INVESTORS | SH BEN INT | 87911J103 |  | 1487064 | 80556 | SH |  | SOLE |  | 0 | 0 | 80556 |
| ABRDN JAPAN EQUITY FUND INC | COM | 00306J109 |  | 4346230 | 551552 | SH |  | SOLE |  | 499633 | 0 | 51919 |
| ABRDN LIFE SCIENCES INVESTOR | SH BEN INT | 87911K100 |  | 40118973 | 2586652 | SH |  | SOLE |  | 2318564 | 0 | 268088 |
| ABRDN NATL MUN INCOME FD | SH BEN INT | 24610T108 |  | 1339166 | 130523 | SH |  | SOLE |  | 113339 | 0 | 17184 |
| ADAM NAT RES FD INC | COM | 00548F105 |  | 57831212 | 2687324 | SH |  | SOLE |  | 2673246 | 0 | 14078 |
| ADAMS DIVERSIFIED EQUITY FD | COM | 006212104 |  | 29865007 | 1339238 | SH |  | SOLE |  | 975641 | 0 | 363597 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 78144570 | 483000 | SH | Put | SOLE |  | 483000 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 8421978 | 52055 | SH |  | SOLE |  | 52055 | 0 | 0 |
| ADVANTAGE SOLUTIONS INC | *W EXP 10/28/202 | 00791N110 |  | 1344 | 151879 | SH |  | SOLE |  | 151879 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 4100419 | 311582 | SH |  | SOLE |  | 311582 | 0 | 0 |
| AGRICULTURE  NAT SOL ACQ CO | *W EXP 10/01/202 | G0131Y118 |  | 50475 | 249200 | SH |  | SOLE |  | 249200 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 8547968 | 70400 | SH | Put | SOLE |  | 70400 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 3182418 | 26210 | SH |  | SOLE |  | 26210 | 0 | 0 |
| AIRJOULE TECHNOLOGIES CORP | *W EXP 03/15/202 | 612160119 |  | 234300 | 275647 | SH |  | SOLE |  | 275647 | 0 | 0 |
| AIRSHIP AI HLDGS INC | *W EXP 12/21/202 | 008940116 |  | 71127 | 42591 | SH |  | SOLE |  | 42591 | 0 | 0 |
| ALCHEMY INVTS ACQUISITN CORP | *W EXP 11/30/202 | G0232F133 |  | 3142 | 21669 | SH |  | SOLE |  | 21669 | 0 | 0 |
| ALGOMA STL GROUP INC | *W EXP 10/19/202 | 015658115 |  | 1563 | 10200 | SH |  | SOLE |  | 10200 | 0 | 0 |
| ALLIANCEBERNSTEIN NATL MUN I | COM | 01864U106 |  | 33432094 | 3081299 | SH |  | SOLE |  | 2863386 | 0 | 217913 |
| ALLSPRING GLOBAL DIVIDEND OP | COM | 94987C103 |  | 5679212 | 996353 | SH |  | SOLE |  | 923798 | 0 | 72555 |
| ALLSPRING UTILITIES AND HIGH | WF UTILITIES INC | 94987E109 |  | 139362 | 11257 | SH |  | SOLE |  | 0 | 0 | 11257 |
| ALLURION TECHNOLOGIES INC | *W EXP 08/01/203 | 02008G110 |  | 3294 | 122683 | SH |  | SOLE |  | 122683 | 0 | 0 |
| ALTICE USA INC | CL A | 02156K103 |  | 290287 | 120451 | SH |  | SOLE |  | 120451 | 0 | 0 |
| AMERICAN EXCEPTIONALISM ACQU | ORD CL A | G0273J101 |  | 1857007 | 169900 | SH |  | SOLE |  | 169900 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 335600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ANYWHERE REAL ESTATE INC | COM | 75605Y106 |  | 3279628 | 309691 | SH |  | SOLE |  | 309691 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 44264788 | 216200 | SH | Put | SOLE |  | 216200 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 4698374 | 22948 | SH |  | SOLE |  | 22948 | 0 | 0 |
| ARBE ROBOTICS LTD | ORDINARY SHARES | M1R95N100 |  | 1650000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| ARBE ROBOTICS LTD | *W EXP 99/99/999 | M1R95N118 |  | 31291 | 114180 | SH |  | SOLE |  | 114180 | 0 | 0 |
| ARBUTUS BIOPHARMA CORP | COM | 03879J100 |  | 3081620 | 678771 | SH |  | SOLE |  | 678771 | 0 | 0 |
| ARMADA ACQUISITION CORP II | *W EXP 05/21/203 | G0R38G112 |  | 174399 | 183597 | SH |  | SOLE |  | 183597 | 0 | 0 |
| ASA GOLD AND PRECIOUS MTLS L | SHS | G3156P103 |  | 213275807 | 4656677 | SH |  | SOLE |  | 4081549 | 0 | 575128 |
| ASPIRE BIOPHARMA HLDGS INC | *W EXP 02/14/203 | 738920115 |  | 29410 | 983603 | SH |  | SOLE |  | 983603 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 9101090 | 69068 | SH |  | SOLE |  | 69068 | 0 | 0 |
| BAIN CAP GSS INVT CORP | UNIT 99/99/9999 | G0R78B122 |  | 8072000 | 800000 | SH |  | SOLE |  | 800000 | 0 | 0 |
| BAIRD MED INVT HLDGS LTD | *W EXP 10/01/202 | G0705H111 |  | 9413 | 132013 | SH |  | SOLE |  | 132013 | 0 | 0 |
| BANCROFT FD LTD | COM | 059695106 |  | 6882837 | 314539 | SH |  | SOLE |  | 283648 | 0 | 30891 |
| BANK AMERICA CORP | COM | 060505104 |  | 10828741 | 209900 | SH | Put | SOLE |  | 209900 | 0 | 0 |
| BANZAI INTERNATIONAL INC | *W EXP 12/14/202 | 06682J118 |  | 3313 | 124100 | SH |  | SOLE |  | 124100 | 0 | 0 |
| BERTO ACQUISITION CORP | ORD SHS | G1051H101 |  | 7280000 | 700000 | SH |  | SOLE |  | 700000 | 0 | 0 |
| BERTO ACQUISITION CORP | *W EXP 05/01/203 | G1051H119 |  | 278454 | 406561 | SH |  | SOLE |  | 406561 | 0 | 0 |
| BITCOIN DEPOT INC | *W EXP 06/30/202 | 09174P113 |  | 336733 | 1357795 | SH |  | SOLE |  | 1357795 | 0 | 0 |
| BITFUFU INC | *W EXP 03/01/202 | G1152A120 |  | 165697 | 414140 | SH |  | SOLE |  | 414140 | 0 | 0 |
| BLACKROCK CALIF MUN INCOME T | SH BEN INT | 09248E102 |  | 30309863 | 2768024 | SH |  | SOLE |  | 2182309 | 0 | 585715 |
| BLACKROCK CAP ALLOCATION TER | COM | 09260U109 |  | 15944345 | 1078049 | SH |  | SOLE |  | 653030 | 0 | 425019 |
| BLACKROCK ENHANCED GLOBAL DI | COM | 092501105 |  | 27704805 | 2394538 | SH |  | SOLE |  | 2022103 | 0 | 372435 |
| BLACKROCK ENHANCED INTL DIV | COM BENE INTER | 092524107 |  | 134579 | 23405 | SH |  | SOLE |  | 0 | 0 | 23405 |
| BLACKROCK ESG CAP ALLC TERM | SHS BEN INT | 09262F100 |  | 455931874 | 27800724 | SH |  | SOLE |  | 25752556 | 0 | 2048168 |
| BLACKROCK MUN TARGET TERM TR | COM SHS BEN IN | 09257P105 |  | 1201812 | 53509 | SH |  | SOLE |  | 0 | 0 | 53509 |
| BLACKROCK MUNIHLDNGS CALI QL | COM | 09254L107 |  | 6473077 | 596597 | SH |  | SOLE |  | 557221 | 0 | 39376 |
| BLACKROCK MUNIVEST FD II INC | COM | 09253T101 |  | 233105 | 21929 | SH |  | SOLE |  | 0 | 0 | 21929 |
| BLACKROCK N Y MUN INCOME TRU | SH BEN INT | 09248L106 |  | 13773765 | 1361044 | SH |  | SOLE |  | 1360877 | 0 | 167 |
| BLACKROCK RES  COMMODITIES | SHS | 09257A108 |  | 12821116 | 1260680 | SH |  | SOLE |  | 1019453 | 0 | 241227 |
| BLACKROCK SCIENCE  TECHNOLO | SHS BEN INT | 09260K101 |  | 81858929 | 3693995 | SH |  | SOLE |  | 3487817 | 0 | 206178 |
| BLAIZE HLDGS INC | *W EXP 01/13/203 | 092915115 |  | 614912 | 989878 | SH |  | SOLE |  | 989878 | 0 | 0 |
| BLEICHROEDER ACQUISITION COR | RIGHT 11/04/2026 | G1169T138 |  | 460473 | 719489 | SH |  | SOLE |  | 719489 | 0 | 0 |
| BLUE GOLD LTD | *W EXP 04/01/203 | G1331C112 |  | 231882 | 484298 | SH |  | SOLE |  | 484298 | 0 | 0 |
| BNY MELLON MUN BD INFRASTRUC | COM SHS | 09662W109 |  | 13364782 | 1249045 | SH |  | SOLE |  | 1173217 | 0 | 75828 |
| BNY MELLON STRATEGIC MUN BD | COM | 09662E109 |  | 30503339 | 5152591 | SH |  | SOLE |  | 4817030 | 0 | 335561 |
| BNY MELLON STRATEGIC MUNS IN | COM | 05588W108 |  | 35617619 | 5698819 | SH |  | SOLE |  | 5269010 | 0 | 429809 |
| BOEING CO | COM | 097023105 |  | 84281615 | 390500 | SH | Put | SOLE |  | 390500 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 7506352 | 34779 | SH |  | SOLE |  | 34779 | 0 | 0 |
| BOLT PROJS HLDGS INC | *W EXP 08/13/202 | 09769B115 |  | 1644 | 41097 | SH |  | SOLE |  | 41097 | 0 | 0 |
| BOREALIS FOODS INC | *W EXP 02/07/202 | 09973D113 |  | 12559 | 166894 | SH |  | SOLE |  | 166894 | 0 | 0 |
| BRAND ENGAGEMENT NETWORK INC | *W EXP 03/14/202 | 104932116 |  | 3248 | 212302 | SH |  | SOLE |  | 212302 | 0 | 0 |
| BRIDGER AEROSPACE GRP HLDGS | *W EXP 01/24/202 | 96812F110 |  | 1657 | 18752 | SH |  | SOLE |  | 18752 | 0 | 0 |
| BTC DEV CORP | UNIT 09/11/2030 | G0701G125 |  | 5302500 | 525000 | SH |  | SOLE |  | 525000 | 0 | 0 |
| BUMBLE INC | COM CL A | 12047B105 |  | 21306632 | 3498626 | SH |  | SOLE |  | 3498626 | 0 | 0 |
| BUTTERFLY NETWORK INC | *W EXP 02/12/202 | 124155110 |  | 714 | 16866 | SH |  | SOLE |  | 16866 | 0 | 0 |
| CALAMOS GBL DYN INCOME FUND | COM | 12811L107 |  | 2779583 | 368645 | SH |  | SOLE |  | 310039 | 0 | 58606 |
| CALAMOS LNG SHR EQT DYNAMIC | COM | 12812C106 |  | 183093 | 11330 | SH |  | SOLE |  | 0 | 0 | 11330 |
| CANNAE HLDGS INC | COM | 13765N107 |  | 25477688 | 1391463 | SH |  | SOLE |  | 1391463 | 0 | 0 |
| CANTOR EQUITY PARTNERS II IN | CL A ORD SHS | G1827P106 |  | 3153000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| CANTOR EQUITY PARTNERS III I | SHS CL A | G1828A108 |  | 5160000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| CANTOR EQUITY PARTNERS IV IN | SHS CL A | G1828E100 |  | 4140203 | 406500 | SH |  | SOLE |  | 406500 | 0 | 0 |
| CAPITAL SOUTHWEST CORP | NOTE 5.125%11/1 | 140501AE7 |  | 9893560 | 10000000 | PRN |  | SOLE |  | 10000000 | 0 | 0 |
| CAPRI HOLDINGS LIMITED | SHS | G1890L107 |  | 2206598 | 110773 | SH |  | SOLE |  | 110773 | 0 | 0 |
| CAPTIVISION INC | *W EXP 11/15/202 | G18932114 |  | 23367 | 649998 | SH |  | SOLE |  | 649998 | 0 | 0 |
| CARBON REVOLUTION LTD | *W EXP 99/99/999 | G1893D110 |  | 1933 | 81901 | SH |  | SOLE |  | 81901 | 0 | 0 |
| CARDIO DIAGNOSTICS HOLDGS IN | *W EXP 10/25/202 | 14159C111 |  | 4087 | 199839 | SH |  | SOLE |  | 199839 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 2363400 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| CDT EQUITY INC | *W EXP 09/22/202 | 20678X114 |  | 9065 | 765000 | SH |  | SOLE |  | 765000 | 0 | 0 |
| CEA INDUSTRIES INC | COM | 86887P309 |  | 5328757 | 683174 | SH |  | SOLE |  | 683174 | 0 | 0 |
| CENTURION ACQUISITION CORP | *W EXP 05/31/203 | G20315118 |  | 24279 | 71410 | SH |  | SOLE |  | 71410 | 0 | 0 |
| CERO THERAPEUTICS HLDGS INC | *W EXP 02/13/202 | 71902K113 |  | 4261 | 295913 | SH |  | SOLE |  | 295913 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 2403960 | 26800 | SH | Put | SOLE |  | 26800 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 449666 | 5013 | SH |  | SOLE |  | 5013 | 0 | 0 |
| CHECHE GROUP INC | *W EXP 10/01/203 | G20707116 |  | 796 | 22099 | SH |  | SOLE |  | 22099 | 0 | 0 |
| CHENGHE ACQUISITION III CO | UNIT 09/09/2030 | G2086N113 |  | 2523942 | 252900 | SH |  | SOLE |  | 252900 | 0 | 0 |
| CID HOLDCO INC | *W EXP 12/31/202 | 171756117 |  | 109815 | 726048 | SH |  | SOLE |  | 726048 | 0 | 0 |
| CLASSOVER HLDGS INC | *W EXP 04/03/203 | 182744110 |  | 56083 | 699290 | SH |  | SOLE |  | 699290 | 0 | 0 |
| CLOUGH GLOBAL DIVID  INCOME | COM | 18913Y103 |  | 3738480 | 628316 | SH |  | SOLE |  | 620353 | 0 | 7963 |
| CLOUGH GLOBAL EQUITY FD | COM | 18914C100 |  | 4073275 | 535253 | SH |  | SOLE |  | 458661 | 0 | 76592 |
| CLOUGH GLOBAL OPPORTUNITIES | SH BEN INT | 18914E106 |  | 15211014 | 2668599 | SH |  | SOLE |  | 2592680 | 0 | 75919 |
| COHEN CIRCLE ACQUISIT CORP I | SHS CL A | G2254C121 |  | 6942600 | 684000 | SH |  | SOLE |  | 684000 | 0 | 0 |
| COHEN CIRCLE ACQUISIT CORP I | *W EXP 07/01/203 | G2254C113 |  | 149999 | 187499 | SH |  | SOLE |  | 187499 | 0 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 3052408 | 197184 | SH |  | SOLE |  | 197184 | 0 | 0 |
| COMMUNITY HEALTH SYS INC NEW | COM | 203668108 |  | 2891594 | 900808 | SH |  | SOLE |  | 900808 | 0 | 0 |
| COMPASS DIVERSIFIED | SH BEN INT | 20451Q104 |  | 1992170 | 300932 | SH |  | SOLE |  | 300932 | 0 | 0 |
| COMPASS PATHWAYS PLC | SPONSORED ADS | 20451W101 |  | 865419 | 151033 | SH |  | SOLE |  | 151033 | 0 | 0 |
| COMPOSECURE INC | *W EXP 12/27/202 | 20459V113 |  | 481917 | 37753 | SH |  | SOLE |  | 37753 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 3139500 | 175000 | SH |  | SOLE |  | 175000 | 0 | 0 |
| CRITICAL METALS CORP | *W EXP 02/27/202 | G2662B111 |  | 668224 | 317899 | SH |  | SOLE |  | 317899 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 24126696 | 49200 | SH | Put | SOLE |  | 49200 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 5756571 | 11739 | SH |  | SOLE |  | 11739 | 0 | 0 |
| CYCURION INC | *W EXP 02/13/203 | 95758L115 |  | 24600 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| DAVE  BUSTERS ENTMT INC | COM | 238337109 |  | 1730811 | 95309 | SH |  | SOLE |  | 95309 | 0 | 0 |
| DESTRA MULTI-ALTERNATIVE FD | COMMON SHARES | 25065A502 |  | 19311644 | 2235144 | SH |  | SOLE |  | 1967906 | 0 | 267238 |
| DIGITAL ASSET ACQUISITION CO | SHS CL A | G2868C103 |  | 8661500 | 850000 | SH |  | SOLE |  | 850000 | 0 | 0 |
| DIGITAL ASSET ACQUISITION CO | *W EXP 04/01/203 | G2868C111 |  | 320399 | 471140 | SH |  | SOLE |  | 471140 | 0 | 0 |
| DIH HLDG US INC | *W EXP 04/20/202 | 23290B114 |  | 9639 | 945000 | SH |  | SOLE |  | 945000 | 0 | 0 |
| DIREXION SHS ETF TR | DAILY ROBOTICS | 25460G823 |  | 1828161 | 73068 | SH |  | SOLE |  | 73068 | 0 | 0 |
| DISTOKEN ACQUISITION CORP | *W EXP 11/30/202 | G9878M112 |  | 11971 | 99762 | SH |  | SOLE |  | 99762 | 0 | 0 |
| DRAFTKINGS INC NEW | NOTE 3/1 | 26142RAB0 |  | 1802704 | 2000000 | PRN |  | SOLE |  | 2000000 | 0 | 0 |
| DRUGS MADE IN AMER ACQ II CO | UNIT 09/16/2030 | G2851K120 |  | 1984028 | 199500 | SH |  | SOLE |  | 199500 | 0 | 0 |
| DYNAMIX CORP | *W EXP 10/25/202 | G2949D112 |  | 532317 | 252283 | SH |  | SOLE |  | 252283 | 0 | 0 |
| EATON VANCE CALIF MUN BD FD | COM | 27828A100 |  | 43126166 | 4544380 | SH |  | SOLE |  | 3968034 | 0 | 576346 |
| EATON VANCE CALIF MUN INCOM | SH BEN INT | 27826F101 |  | 3555145 | 352693 | SH |  | SOLE |  | 296327 | 0 | 56366 |
| EATON VANCE NEW YORK MUN BD | COM | 27827Y109 |  | 38443608 | 3898946 | SH |  | SOLE |  | 3363431 | 0 | 535515 |
| EATON VANCE TAX-MANAGED GLOB | COM | 27829C105 |  | 135985 | 15026 | SH |  | SOLE |  | 0 | 0 | 15026 |
| ECARX HOLDINGS INC | *W EXP 99/99/999 | G29201111 |  | 2419 | 43358 | SH |  | SOLE |  | 43358 | 0 | 0 |
| ELLSWORTH GROWTH  INCOME FD | COM | 289074106 |  | 18968923 | 1635252 | SH |  | SOLE |  | 1448614 | 0 | 186638 |
| EMBECTA CORP | COMMON STOCK | 29082K105 |  | 4123069 | 292209 | SH |  | SOLE |  | 292209 | 0 | 0 |
| EMPERY DIGITAL INC | COM NEW | 92864V608 |  | 1589322 | 211346 | SH |  | SOLE |  | 211346 | 0 | 0 |
| ENGENE HOLDINGS INC | *W EXP 10/31/202 | 29286M113 |  | 127509 | 178334 | SH |  | SOLE |  | 178334 | 0 | 0 |
| EON RESOURCES INC | *W EXP 02/04/202 | 40472A128 |  | 31250 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 |  | 398650 | 35000 | SH | Put | SOLE |  | 35000 | 0 | 0 |
| EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 |  | 398650 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| EQV VENTURES AC CORP. II | ORD SHS CL A | G3106Q102 |  | 7559393 | 759738 | SH |  | SOLE |  | 759738 | 0 | 0 |
| EQV VENTURES AC CORP. II | *W EXP 06/30/203 | G3106Q128 |  | 82462 | 336579 | SH |  | SOLE |  | 336579 | 0 | 0 |
| EQV VENTURES ACQUISITION COR | *W EXP 07/01/203 | G3106N117 |  | 111643 | 235038 | SH |  | SOLE |  | 235038 | 0 | 0 |
| ESS TECH INC | *W EXP 10/08/202 | 26916J114 |  | 13191 | 303596 | SH |  | SOLE |  | 303596 | 0 | 0 |
| ETHZILLA CORPORATION | COM | 68236V302 |  | 3048739 | 1265037 | SH |  | SOLE |  | 1265037 | 0 | 0 |
| ETORO GROUP LTD | SHS CL A | G32089107 |  | 1297570 | 31441 | SH |  | SOLE |  | 31441 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 33295075 | 295300 | SH | Put | SOLE |  | 295300 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3209542 | 28466 | SH |  | SOLE |  | 28466 | 0 | 0 |
| FACT II ACQUISITION CORP | *W EXP 11/26/203 | G32901129 |  | 71193 | 237350 | SH |  | SOLE |  | 237350 | 0 | 0 |
| FALCONS BEYOND GLOBAL INC | *W EXP 03/16/202 | 306121112 |  | 313911 | 186852 | SH |  | SOLE |  | 186852 | 0 | 0 |
| FEDERATED HERMES PREM MUNI I | COM | 31423P108 |  | 4138984 | 374908 | SH |  | SOLE |  | 342107 | 0 | 32801 |
| FISCALNOTE HOLDINGS INC | *W EXP 07/29/202 | 337655112 |  | 21162 | 273057 | SH |  | SOLE |  | 273057 | 0 | 0 |
| FLYEXCLUSIVE INC | *W EXP 99/99/999 | 343928115 |  | 73184 | 230500 | SH |  | SOLE |  | 230500 | 0 | 0 |
| FOLD HLDGS INC | *W EXP 02/14/203 | 29103K118 |  | 285389 | 568730 | SH |  | SOLE |  | 568730 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 3501888 | 292800 | SH | Put | SOLE |  | 292800 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 291692 | 24389 | SH |  | SOLE |  | 24389 | 0 | 0 |
| FOUR LEAF ACQUISITION CORP | *W EXP 03/15/202 | 35088F115 |  | 2675 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| FOXX DEV HLDGS INC | *W EXP 09/26/202 | 351665112 |  | 37663 | 244962 | SH |  | SOLE |  | 244962 | 0 | 0 |
| FUTURECREST ACQUISITION CORP | UNIT 99/99/9999 | G3730U123 |  | 2648940 | 249900 | SH |  | SOLE |  | 249900 | 0 | 0 |
| GABELLI DIVID  INCOME TR | COM | 36242H104 |  | 165881285 | 6114312 | SH |  | SOLE |  | 5530162 | 0 | 584150 |
| GABELLI HLTHCARE  WELLNESS | SHS | 36246K103 |  | 18602887 | 2051035 | SH |  | SOLE |  | 1796049 | 0 | 254986 |
| GAMCO NAT RES GOLD  INCOME | SH BEN INT | 36465E101 |  | 7347658 | 1045186 | SH |  | SOLE |  | 1002337 | 0 | 42849 |
| GCL GLOBAL HLDGS LTD | *W EXP 02/13/203 | G3777K111 |  | 19168 | 275000 | SH |  | SOLE |  | 275000 | 0 | 0 |
| GCT SEMICONDUCTOR HLDG INC | *W EXP 03/01/202 | 36170N115 |  | 137653 | 710648 | SH |  | SOLE |  | 710648 | 0 | 0 |
| GDS HLDGS LTD | SPONSORED ADS | 36165L108 |  | 6192000 | 160000 | SH |  | SOLE |  | 160000 | 0 | 0 |
| GENERAL AMERN INVS CO INC | COM | 368802104 |  | 127005510 | 2041561 | SH |  | SOLE |  | 1847684 | 0 | 193877 |
| GENERAL MTRS CO | COM | 37045V100 |  | 1743742 | 28600 | SH |  | SOLE |  | 28600 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 2538998 | 123914 | SH |  | SOLE |  | 123914 | 0 | 0 |
| GLADSTONE CAP CORP | NOTE 5.875%10/0 | 376535AG5 |  | 1475268 | 1500000 | PRN |  | SOLE |  | 1500000 | 0 | 0 |
| GOGORO INC | *W EXP 04/04/202 | G9491K113 |  | 9408 | 400330 | SH |  | SOLE |  | 400330 | 0 | 0 |
| GORES HLDGS X INC | *W EXP 05/02/203 | G4002F125 |  | 24028 | 31616 | SH |  | SOLE |  | 31616 | 0 | 0 |
| GP-ACT III ACQUISITION CORP | *W EXP 05/13/202 | G4035N129 |  | 51206 | 193229 | SH |  | SOLE |  | 193229 | 0 | 0 |
| GRAB HOLDINGS LIMITED | *W EXP 99/99/999 | G4124C117 |  | 42762 | 84913 | SH |  | SOLE |  | 84913 | 0 | 0 |
| GRANITE RIDGE RESOURCES INC | COM | 387432107 |  | 626900 | 115878 | SH |  | SOLE |  | 115878 | 0 | 0 |
| HCM II ACQUISITION CORP | *W EXP 99/99/999 | G43658122 |  | 295305 | 48932 | SH |  | SOLE |  | 48932 | 0 | 0 |
| HCM III ACQUISITION CORP | ORD SHS CL A | G4365E103 |  | 9596213 | 949650 | SH |  | SOLE |  | 949650 | 0 | 0 |
| HCM III ACQUISITION CORP | *W EXP 07/23/203 | G4365E111 |  | 235833 | 333333 | SH |  | SOLE |  | 333333 | 0 | 0 |
| HENNESSY CAP INVT CORP VII | RIGHT 01/17/2030 | G4405D115 |  | 50750 | 175000 | SH |  | SOLE |  | 175000 | 0 | 0 |
| HIGHLAND OPPS  INCOME FD | HIGHLAND INCOME | 43010E404 |  | 23684738 | 3729880 | SH |  | SOLE |  | 3303053 | 0 | 426827 |
| HOLLEY INC | *W EXP 11/30/202 | 43538H111 |  | 32650 | 298716 | SH |  | SOLE |  | 298716 | 0 | 0 |
| HUB CYBER SECURITY LTD | *W EXP 02/27/202 | M6000J127 |  | 3353 | 179799 | SH |  | SOLE |  | 179799 | 0 | 0 |
| HUDSON PAC PPTYS INC | COM | 444097109 |  | 5178696 | 1876339 | SH |  | SOLE |  | 1876339 | 0 | 0 |
| INFLECTION PT ACQUISITION CO | RIGHT 04/25/2030 | G47875110 |  | 227929 | 512200 | SH |  | SOLE |  | 512200 | 0 | 0 |
| IONQ INC | *W EXP 10/01/202 | 46222L116 |  | 1608853 | 32248 | SH |  | SOLE |  | 32248 | 0 | 0 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 2815800 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| ISRAEL ACQUISITIONS CORP | *W EXP 99/99/999 | G49667119 |  | 86869 | 472500 | SH |  | SOLE |  | 472500 | 0 | 0 |
| JAPAN SMALLER CAPITALIZATION | COM | 47109U104 |  | 23995195 | 2276584 | SH |  | SOLE |  | 2051245 | 0 | 225339 |
| JOHN HANCOCK DIVERSIFIED INC | COM | 47804L102 |  | 2698391 | 253370 | SH |  | SOLE |  | 242775 | 0 | 10595 |
| K GROWTH ACQUISITION CORP | RIGHT 08/29/2031 | G52258129 |  | 14005 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| KAYNE ANDERSON ENERGY INFRST | COM | 486606106 |  | 1722448 | 139244 | SH |  | SOLE |  | 0 | 0 | 139244 |
| KOREA FD INC | COM NEW | 500634209 |  | 977167 | 31949 | SH |  | SOLE |  | 28028 | 0 | 3921 |
| LAUNCH TWO ACQUISITION CORP. | *W EXP 10/09/202 | G5S87A113 |  | 5338 | 14427 | SH |  | SOLE |  | 14427 | 0 | 0 |
| LIFEZONE METALS LIMITED | *W EXP 07/05/202 | G5568L117 |  | 421941 | 733811 | SH |  | SOLE |  | 733811 | 0 | 0 |
| LIGHTWAVE ACQUISITION CORP | *W EXP 06/06/203 | G5490M126 |  | 36742 | 197486 | SH |  | SOLE |  | 197486 | 0 | 0 |
| LIMINATUS PHARMA INC. | *W EXP 04/30/203 | 53271X116 |  | 34585 | 233761 | SH |  | SOLE |  | 233761 | 0 | 0 |
| LINCOLN NATL CORP IND | COM | 534187109 |  | 5420029 | 134392 | SH |  | SOLE |  | 134392 | 0 | 0 |
| LIVE OAK ACQUISITION CORP V | *W EXP 99/99/999 | G5509P110 |  | 79726 | 164350 | SH |  | SOLE |  | 164350 | 0 | 0 |
| LIVEWIRE GROUP INC | *W EXP 09/26/202 | 53838J113 |  | 3656 | 49203 | SH |  | SOLE |  | 49203 | 0 | 0 |
| LOTUS TECHNOLOGY INC | *W EXP 02/22/202 | 54572F119 |  | 2061 | 26945 | SH |  | SOLE |  | 26945 | 0 | 0 |
| M3BRIGADE ACQUISITION V CORP | *W EXP 99/99/999 | G63212115 |  | 199888 | 149170 | SH |  | SOLE |  | 149170 | 0 | 0 |
| M3-BRIGADE ACQUISITION VI CO | UNIT 08/18/2030 | G63221124 |  | 2505479 | 247577 | SH |  | SOLE |  | 247577 | 0 | 0 |
| MELAR ACQUISITION CORP. I | *W EXP 06/01/203 | G6004G118 |  | 68589 | 438551 | SH |  | SOLE |  | 438551 | 0 | 0 |
| MEXICO EQUITY  INCOME FD | COM | 592834105 |  | 1407782 | 118600 | SH |  | SOLE |  | 116657 | 0 | 1943 |
| MEXICO FD INC | COM | 592835102 |  | 25170572 | 1277694 | SH |  | SOLE |  | 1138304 | 0 | 139390 |
| MFS HIGH INCOME MUN TR | SH BEN INT | 59318D104 |  | 8253534 | 2218692 | SH |  | SOLE |  | 2080956 | 0 | 137736 |
| MFS MUN INCOME TR | SH BEN INT | 552738106 |  | 4952925 | 918910 | SH |  | SOLE |  | 867116 | 0 | 51794 |
| MICROSOFT CORP | COM | 594918104 |  | 54799110 | 105800 | SH | Put | SOLE |  | 105800 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 1067495 | 2061 | SH |  | SOLE |  | 2061 | 0 | 0 |
| MORGAN STANLEY CHINA A SH FD | COM | 617468103 |  | 4578933 | 275011 | SH |  | SOLE |  | 242102 | 0 | 32909 |
| MORGAN STANLEY INDIA INVT FD | COM | 61745C105 |  | 26796685 | 1016952 | SH |  | SOLE |  | 948995 | 0 | 67957 |
| MOSAIC CO NEW | COM | 61945C103 |  | 6679368 | 192600 | SH | Put | SOLE |  | 192600 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 936117 | 26993 | SH |  | SOLE |  | 26993 | 0 | 0 |
| MURANO GLOBAL INVTS PLC | *W EXP 03/19/202 | G63369113 |  | 25532 | 174998 | SH |  | SOLE |  | 174998 | 0 | 0 |
| MURPHY OIL CORP | COM | 626717102 |  | 4554066 | 160298 | SH |  | SOLE |  | 160298 | 0 | 0 |
| NABORS ENERGY TRANSITION COR | *W EXP 09/01/202 | G6363K114 |  | 81780 | 352804 | SH |  | SOLE |  | 352804 | 0 | 0 |
| NAMIB MINERALS | *W EXP 06/05/203 | G63638111 |  | 12100 | 83480 | SH |  | SOLE |  | 83480 | 0 | 0 |
| NET POWER INC | *W EXP 06/08/202 | 64107A113 |  | 154488 | 205984 | SH |  | SOLE |  | 205984 | 0 | 0 |
| NEUBERGER BERMAN ENERGY INFR | COM | 64129H104 |  | 4046106 | 464003 | SH |  | SOLE |  | 462262 | 0 | 1741 |
| NEUBERGER BERMAN MUN FD INC | COM | 64124P101 |  | 10445192 | 1012131 | SH |  | SOLE |  | 917280 | 0 | 94851 |
| NEUBERGER BERMAN NEXT GENERA | COMMON STOCK | 64133Q108 |  | 118755194 | 7721404 | SH |  | SOLE |  | 6980519 | 0 | 740885 |
| NEW GERMANY FD INC | COM | 644465106 |  | 22589535 | 1954112 | SH |  | SOLE |  | 1779425 | 0 | 174687 |
| NEW HORIZON AIRCRAFT LTD | *W EXP 02/14/202 | 64550A115 |  | 77488 | 199659 | SH |  | SOLE |  | 199659 | 0 | 0 |
| NEW PROVIDENCE ACQUISITION C | *W EXP 04/24/203 | G6476A110 |  | 41121 | 95631 | SH |  | SOLE |  | 95631 | 0 | 0 |
| NEWHOLD INVT CORP III | *W EXP 01/30/203 | G6486E110 |  | 18249 | 49998 | SH |  | SOLE |  | 49998 | 0 | 0 |
| NU HLDGS LTD | ORD SHS CL A | G6683N103 |  | 1517748 | 94800 | SH | Put | SOLE |  | 94800 | 0 | 0 |
| NUVEEN DOW 30 DYNMC OVERWRT | SHS | 67075F105 |  | 15402603 | 1034426 | SH |  | SOLE |  | 930615 | 0 | 103811 |
| NUVEEN MULTI ASSET INCOME FU | COM | 670750108 |  | 9529851 | 734195 | SH |  | SOLE |  | 142201 | 0 | 591994 |
| NUVEEN NEW JERSEY QULT MUN F | COM | 67069Y102 |  | 3968209 | 319759 | SH |  | SOLE |  | 0 | 0 | 319759 |
| NUVEEN PENNSYLVANIA QLT MUN | COM | 670972108 |  | 56626392 | 4718866 | SH |  | SOLE |  | 4371170 | 0 | 347696 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 70359318 | 377100 | SH | Put | SOLE |  | 377100 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 8502264 | 45569 | SH |  | SOLE |  | 45569 | 0 | 0 |
| NVNI GROUP LIMITED | *W EXP 11/01/202 | G50716110 |  | 15197 | 211075 | SH |  | SOLE |  | 211075 | 0 | 0 |
| NYLI CBRE GBL INFR MEGTRNDS | COM | 56064Q107 |  | 91896345 | 6259969 | SH |  | SOLE |  | 5749478 | 0 | 510491 |
| OLIN CORP | COM PAR $1 | 680665205 |  | 2785061 | 111447 | SH |  | SOLE |  | 111447 | 0 | 0 |
| OMNIAB INC | *W EXP 99/99/999 | 68218J111 |  | 2861 | 19900 | SH |  | SOLE |  | 19900 | 0 | 0 |
| OPPFI INC | *W EXP 07/20/202 | 68386H111 |  | 345519 | 153564 | SH |  | SOLE |  | 153564 | 0 | 0 |
| ORIGIN MATERIALS INC | *W EXP 06/25/202 | 68622D114 |  | 2277 | 155950 | SH |  | SOLE |  | 155950 | 0 | 0 |
| OSR HLDGS INC | *W EXP 02/09/202 | 68840D110 |  | 9788 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| OTG ACQUISITION CORP. I | UNIT 09/05/2030 | G6791A126 |  | 2517500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| PAGSEGURO DIGITAL LTD | COM CL A | G68707101 |  | 12934150 | 1293415 | SH |  | SOLE |  | 1293415 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 6021988 | 89800 | SH | Put | SOLE |  | 89800 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 2067795 | 30835 | SH |  | SOLE |  | 30835 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 2926112 | 22139 | SH |  | SOLE |  | 22139 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 11340186 | 85800 | SH | Put | SOLE |  | 85800 | 0 | 0 |
| PERFECT CORP | *W EXP 99/99/999 | G7006A117 |  | 905 | 41822 | SH |  | SOLE |  | 41822 | 0 | 0 |
| PERIMETER ACQUISITION CORP I | COM CL A | G7010A129 |  | 10738198 | 1055870 | SH |  | SOLE |  | 1055870 | 0 | 0 |
| PERIMETER ACQUISITION CORP I | *W EXP 05/13/203 | G7010A111 |  | 332935 | 554845 | SH |  | SOLE |  | 554845 | 0 | 0 |
| PIMCO CALIF MUN INCOME FD | COM | 72200N106 |  | 9409115 | 1079027 | SH |  | SOLE |  | 988904 | 0 | 90123 |
| PIMCO DYNAMIC INCOME STRATEG | COM SHS BEN INT | 69346N107 |  | 186705931 | 7489207 | SH |  | SOLE |  | 6911613 | 0 | 577594 |
| PIONEER FLOATING RATE FUND I | COM | 72369J102 |  | 3183355 | 319614 | SH |  | SOLE |  | 284856 | 0 | 34758 |
| PLUM ACQUISITION CORP IV | *W EXP 08/19/202 | G7134A120 |  | 29005 | 99999 | SH |  | SOLE |  | 99999 | 0 | 0 |
| POLESTAR AUTOMOTIVE HLDG UK | ADS A | 731105201 |  | 3002495 | 3193804 | SH |  | SOLE |  | 3193804 | 0 | 0 |
| PRINCIPAL REAL ESTATE INCOME | SHS BEN INT | 74255X104 |  | 1385437 | 132451 | SH |  | SOLE |  | 48258 | 0 | 84193 |
| PROCAP ACQUISITION CORP | SHS CL A | G7257A105 |  | 9201879 | 895996 | SH |  | SOLE |  | 895996 | 0 | 0 |
| PROCAP ACQUISITION CORP | *W EXP 05/16/203 | G7257A121 |  | 224999 | 333332 | SH |  | SOLE |  | 333332 | 0 | 0 |
| PSYENCE BIOMEDICAL LTD | *W EXP 01/25/202 | 74449F118 |  | 7506 | 297847 | SH |  | SOLE |  | 297847 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 36765560 | 221000 | SH | Put | SOLE |  | 221000 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 6488705 | 39004 | SH |  | SOLE |  | 39004 | 0 | 0 |
| REAL ASSET ACQUISITION CORP | SHS CL A | G73944103 |  | 8147854 | 797246 | SH |  | SOLE |  | 797246 | 0 | 0 |
| REAL ASSET ACQUISITION CORP | *W EXP 04/24/203 | G73944111 |  | 292321 | 687813 | SH |  | SOLE |  | 687813 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | SHS CL A | G7490F101 |  | 963833 | 88344 | SH |  | SOLE |  | 88344 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | *W EXP 05/15/203 | G7490F127 |  | 68234 | 56866 | SH |  | SOLE |  | 56866 | 0 | 0 |
| REPUBLIC DIGITAL ACQUISITION | USD CL A ORD SHS | G7515A103 |  | 16846500 | 1650000 | SH |  | SOLE |  | 1650000 | 0 | 0 |
| REPUBLIC DIGITAL ACQUISITION | *W EXP 05/01/203 | G7515A129 |  | 636499 | 949999 | SH |  | SOLE |  | 949999 | 0 | 0 |
| RITHM ACQUISITION CORP | *W EXP 99/99/999 | G75751118 |  | 15923 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 5695000 | 500000 | SH | Put | SOLE |  | 500000 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 455600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| RIVERNORTH FLEXIBLE MUNI INC | COM | 76883Y107 |  | 275055 | 21077 | SH |  | SOLE |  | 0 | 0 | 21077 |
| ROADZEN INC | *W EXP 11/30/202 | G7606H116 |  | 34656 | 541499 | SH |  | SOLE |  | 541499 | 0 | 0 |
| ROMAN DBDR ACQUISITION CORP | *W EXP 10/31/203 | G7633M112 |  | 89710 | 174262 | SH |  | SOLE |  | 174262 | 0 | 0 |
| ROYALTY MGMT HLDG CORP | *W EXP 05/28/202 | 02369M110 |  | 982 | 19443 | SH |  | SOLE |  | 19443 | 0 | 0 |
| ROYCE MICRO-CAP TR INC | COM | 780915104 |  | 14629962 | 1408081 | SH |  | SOLE |  | 1240370 | 0 | 167711 |
| ROYCE SMALL CAP TRUST INC | COM | 780910105 |  | 22649310 | 1404173 | SH |  | SOLE |  | 1225141 | 0 | 179032 |
| SABA CAPITAL INCOME  OPPORT | COM NEW | 880198205 |  | 23983794 | 2629802 | SH |  | SOLE |  | 2327404 | 0 | 302398 |
| SABRE CORP | COM | 78573M104 |  | 11072534 | 6050565 | SH |  | SOLE |  | 6050565 | 0 | 0 |
| SBC MED GROUP HLDGS INC | *W EXP 09/17/202 | 73245B115 |  | 43350 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| SCAGE FUTURE | *W EXP 05/15/203 | G7840J118 |  | 33038 | 660109 | SH |  | SOLE |  | 660109 | 0 | 0 |
| SHIFT4 PMTS INC | NOTE 12/1 | 82452JAB5 |  | 2556625 | 2500000 | PRN |  | SOLE |  | 2500000 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 17937227 | 120700 | SH | Put | SOLE |  | 120700 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 4788809 | 32224 | SH |  | SOLE |  | 32224 | 0 | 0 |
| SILEXION THERAPEUTICS CORP | *W EXP 08/15/202 | G1281K114 |  | 421 | 11937 | SH |  | SOLE |  | 11937 | 0 | 0 |
| SILVERBOX CORP IV | *W EXP 08/19/202 | G81354121 |  | 28100 | 67710 | SH |  | SOLE |  | 67710 | 0 | 0 |
| SIM ACQUISITION CORP. I | *W EXP 06/01/203 | G8431T119 |  | 45933 | 111217 | SH |  | SOLE |  | 111217 | 0 | 0 |
| SMX SEC MATTERS PLC | *W EXP 03/07/202 | G8267K117 |  | 6463 | 265947 | SH |  | SOLE |  | 265947 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 10961955 | 1421784 | SH |  | SOLE |  | 1421784 | 0 | 0 |
| SOLID POWER INC | *W EXP 12/08/202 | 83422N113 |  | 65487 | 154086 | SH |  | SOLE |  | 154086 | 0 | 0 |
| SONDER HOLDINGS INC | *W EXP 01/18/202 | 83542D110 |  | 5736 | 531114 | SH |  | SOLE |  | 531114 | 0 | 0 |
| SPECTRAL AI INC | *W EXP 99/99/999 | 84757T113 |  | 41715 | 59763 | SH |  | SOLE |  | 59763 | 0 | 0 |
| SPRING VALLEY ACQUISTN CORP | *W EXP 02/25/202 | G83752116 |  | 463747 | 349998 | SH |  | SOLE |  | 349998 | 0 | 0 |
| SPRING VALLEY ACQUISTN CORP | RIGHT 02/25/2026 | G83752132 |  | 255475 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| SPRING VY ACQUISITION CORP I | UNIT 09/04/2030 | G8377R127 |  | 2570000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| STAR HLDGS | SHS BEN INT | 85512G106 |  | 8333830 | 1012616 | SH |  | SOLE |  | 1012616 | 0 | 0 |
| STARWOOD PPTY TR INC | NOTE 6.750% 7/1 | 85571BBA2 |  | 5311150 | 5000000 | PRN |  | SOLE |  | 5000000 | 0 | 0 |
| STRATA CRITICAL MEDICAL INC | *W EXP 05/07/202 | 092667112 |  | 5767 | 27728 | SH |  | SOLE |  | 27728 | 0 | 0 |
| SWVL HOLDINGS CORP | *W EXP 99/99/999 | G86302117 |  | 2315 | 170222 | SH |  | SOLE |  | 170222 | 0 | 0 |
| SYNTEC OPTICS HLDGS INC | *W EXP 99/99/999 | 87169M113 |  | 28950 | 332000 | SH |  | SOLE |  | 332000 | 0 | 0 |
| TABOOLA.COM LTD | *W EXP 99/99/999 | M8744T114 |  | 5786 | 72280 | SH |  | SOLE |  | 72280 | 0 | 0 |
| TAIWAN FD INC | COM | 874036106 |  | 12268679 | 226694 | SH |  | SOLE |  | 204160 | 0 | 22534 |
| TALON CAP CORP | UNIT 08/27/2030 | G86652115 |  | 1994858 | 198517 | SH |  | SOLE |  | 198517 | 0 | 0 |
| TELEPHONE  DATA SYS INC | COM NEW | 879433829 |  | 3139200 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| TEMPLETON DRAGON FD INC | COM | 88018T101 |  | 6282379 | 539260 | SH |  | SOLE |  | 468835 | 0 | 70425 |
| TEMPLETON EMERGING MKTS FD | COM | 880191101 |  | 751107 | 44869 | SH |  | SOLE |  | 44869 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 23080968 | 51900 | SH | Put | SOLE |  | 51900 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 2799957 | 6296 | SH |  | SOLE |  | 6296 | 0 | 0 |
| THE REALREAL INC | COM | 88339P101 |  | 3486289 | 327967 | SH |  | SOLE |  | 327967 | 0 | 0 |
| TON STRATEGY CO | COM | 92337U302 |  | 3437372 | 488263 | SH |  | SOLE |  | 488263 | 0 | 0 |
| TORTOISE ENERGY INFRA CORP | COM | 89147L886 |  | 987580 | 22919 | SH |  | SOLE |  | 0 | 0 | 22919 |
| TORTOISE SUSTAINABLE  SOCIA | COM SH BEN INT | 27901F109 |  | 18218898 | 1549226 | SH |  | SOLE |  | 1367551 | 0 | 181675 |
| TOTAL RETURN SECURITIES FUND | COM | 870875101 |  | 1839881 | 302612 | SH |  | SOLE |  | 278963 | 0 | 23649 |
| TRAILBLAZER ACQUISITION CORP | UNIT 08/21/2030 | G9009S129 |  | 8040081 | 786316 | SH |  | SOLE |  | 786316 | 0 | 0 |
| TRI CONTL CORP | COM | 895436103 |  | 22021256 | 647684 | SH |  | SOLE |  | 492413 | 0 | 155271 |
| TRONOX HOLDINGS PLC | SHS | G9087Q102 |  | 983561 | 244667 | SH |  | SOLE |  | 244667 | 0 | 0 |
| TRUMP MEDIA  TECHNOLOGY GRO | COM | 25400Q105 |  | 6384129 | 388802 | SH |  | SOLE |  | 388802 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 37532307 | 383100 | SH | Put | SOLE |  | 383100 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 5599769 | 57158 | SH |  | SOLE |  | 57158 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 2201700 | 53700 | SH | Put | SOLE |  | 53700 | 0 | 0 |
| UNISYS CORP | COM NEW | 909214306 |  | 3649835 | 935855 | SH |  | SOLE |  | 935855 | 0 | 0 |
| UNITED HOMES GROUP INC | *W EXP 03/30/202 | 91060H116 |  | 76961 | 45810 | SH |  | SOLE |  | 45810 | 0 | 0 |
| UWM HOLDINGS CORPORATION | *W EXP 01/21/202 | 91823B117 |  | 52828 | 380604 | SH |  | SOLE |  | 380604 | 0 | 0 |
| VERDE CLEAN FUELS INC | *W EXP 02/15/202 | 923372114 |  | 8901 | 73108 | SH |  | SOLE |  | 73108 | 0 | 0 |
| VERTEX INC | CL A | 92538J106 |  | 5044120 | 203474 | SH |  | SOLE |  | 203474 | 0 | 0 |
| VERTICAL AEROSPACE LTD | SHS NEW | G9471C206 |  | 21267878 | 4097857 | SH |  | SOLE |  | 4097857 | 0 | 0 |
| VIRTUS CONVERTIBLE  INCOME | COM NEW | 92838X805 |  | 483660 | 32244 | SH |  | SOLE |  | 27935 | 0 | 4309 |
| VIRTUS DIVIDEND INTEREST  P | COM | 92840R101 |  | 97678534 | 7507958 | SH |  | SOLE |  | 6822473 | 0 | 685485 |
| VIRTUS TOTAL RETURN FD INC | COM | 92835W107 |  | 307310 | 47645 | SH |  | SOLE |  | 42503 | 0 | 5142 |
| VOYA ASIA PAC HIGH DIV EQT I | COM | 92912J102 |  | 13625153 | 1816687 | SH |  | SOLE |  | 1496166 | 0 | 320521 |
| VOYA EMERGING MKTS HIGH DIVI | COM | 92912P108 |  | 10965522 | 1748915 | SH |  | SOLE |  | 1572620 | 0 | 176295 |
| VOYAGER TECHNOLOGIES INC | COM CL A | 92892B103 |  | 2074624 | 69665 | SH |  | SOLE |  | 69665 | 0 | 0 |
| VSEE HEALTH INC | *W EXP 99/99/999 | 92919Y110 |  | 4938 | 243249 | SH |  | SOLE |  | 243249 | 0 | 0 |
| WALDENCAST PLC | *W EXP 07/27/202 | G9503X111 |  | 3890 | 99998 | SH |  | SOLE |  | 99998 | 0 | 0 |
| WEIBO CORP | SPONSORED ADR | 948596101 |  | 24986781 | 2015063 | SH |  | SOLE |  | 2015063 | 0 | 0 |
| WEN ACQUISITION CORP | COM CL A | G9R39C103 |  | 15819807 | 1563222 | SH |  | SOLE |  | 1563222 | 0 | 0 |
| WEN ACQUISITION CORP | *W EXP 99/99/999 | G9R39C111 |  | 564477 | 981614 | SH |  | SOLE |  | 981614 | 0 | 0 |
| WESTERN AST INFL LKD OPP  I | COM | 95766R104 |  | 889000 | 100000 | SH |  | SOLE |  | 0 | 0 | 100000 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 67113540 | 559000 | SH | Put | SOLE |  | 559000 | 0 | 0 |
| WINNEBAGO INDS INC | COM | 974637100 |  | 3407001 | 101884 | SH |  | SOLE |  | 101884 | 0 | 0 |
| ZEO ENERGY CORP | *W EXP 03/13/202 | 98944F117 |  | 36156 | 726030 | SH |  | SOLE |  | 726030 | 0 | 0 |
| ZOOZ PWR LTD | *W EXP 04/02/202 | M2573A197 |  | 46305 | 262498 | SH |  | SOLE |  | 262498 | 0 | 0 |

---