# EDGAR Filing Document

**Accession Number:** 0001386462
**File Stem:** 0000929638-26-001894
**Filing Date:** 2026-5
**Character Count:** 20845
**Document Hash:** 3905a22c3611e9bd79283bd25dbf3683
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-26-001894.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0000929638-26-001894

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ionic Capital Management LLC
- **CENTRAL INDEX KEY:** 0001386462

**ORGANIZATION NAME:**
- **EIN:** 680629832
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12913
- **FILM NUMBER:** 26986867

**BUSINESS ADDRESS:**
- **STREET 1:** 475 FIFTH AVENUE
- **STREET 2:** 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212-294-8531

**MAIL ADDRESS:**
- **STREET 1:** 475 FIFTH AVENUE
- **STREET 2:** 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** Ionic Capital Management LLC<br>**Address:** 475 FIFTH AVENUE<br>9TH FLOOR<br>NEW YORK, NY 10017

**Form 13F File Number:** 028-12913

**CRD Number (if applicable):** 000156400

**SEC File Number (if applicable):** 801-72188

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:** Steven Vecchio<br>**Title:** Chief Compliance Officer and Associate General Counsel<br>**Phone:** (212) 294-8500

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

/s/ Steven Vecchio  New York, NY  05-15-2026<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:** 0

**Form 13F Information Table Entry Total:** 165

**Form 13F Information Table Value Total:** $1368348385

      (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 |
| ABOVE FOOD INGREDIENTS INC | *W EXP 06/28/202 | 00373V118 |  | 15299 | 52755 | SH |  | DFND |  | 52755 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 779137 | 3830 | SH |  | DFND |  | 3830 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 3087857 | 26886 | SH |  | DFND |  | 26886 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | NOTE 1.125% 2/1 | 00971TAN1 |  | 4568000 | 4000000 | PRN |  | DFND |  | 4000000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 891644 | 7107 | SH |  | DFND |  | 7107 | 0 | 0 |
| ALPHA TAU MEDICAL LTD | *W EXP 99/99/999 | M0740A116 |  | 118448 | 118448 | SH |  | DFND |  | 118448 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 407584 | 1957 | SH |  | DFND |  | 1957 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 930902 | 3668 | SH |  | DFND |  | 3668 | 0 | 0 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 |  | 126885 | 1500 | SH | Call | DFND |  | 1500 | 0 | 0 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 |  | 126885 | 1500 | SH | Put | DFND |  | 1500 | 0 | 0 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 |  | 126885 | 1500 | SH |  | DFND |  | 1500 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 450934 | 1133 | SH |  | DFND |  | 1133 | 0 | 0 |
| ARCHER AVIATION INC | *W EXP 09/16/202 | 03945R110 |  | 57877 | 206629 | SH |  | DFND |  | 206629 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 605120 | 4000 | SH | Put | DFND |  | 4000 | 0 | 0 |
| ARRAY TECHNOLOGIES INC | COM SHS | 04271T100 |  | 325350 | 45000 | SH |  | DFND |  | 45000 | 0 | 0 |
| ARRAY TECHNOLOGIES INC | NOTE 1.000%12/0 | 04271TAB6 |  | 3133725 | 3500000 | PRN |  | DFND |  | 3500000 | 0 | 0 |
| AST SPACEMOBILE INC | COM CL A | 00217D100 |  | 477165 | 5758 | SH |  | DFND |  | 5758 | 0 | 0 |
| ASTERA LABS INC | COM | 04626A103 |  | 295920 | 2700 | SH |  | DFND |  | 2700 | 0 | 0 |
| ATLANTA BRAVES HLDGS INC | COM SER A | 047726104 |  | 291906 | 6191 | SH |  | DFND |  | 6191 | 0 | 0 |
| ATLANTA BRAVES HLDGS INC | COM SER C | 047726302 |  | 456420 | 10689 | SH |  | DFND |  | 10689 | 0 | 0 |
| AURORA INNOVATION INC | *W EXP 11/03/202 | 051774115 |  | 105580 | 530555 | SH |  | DFND |  | 530555 | 0 | 0 |
| BED BATH  BEYOND INC | *W EXP 10/07/202 | 075896159 |  | 90663 | 161466 | SH |  | DFND |  | 161466 | 0 | 0 |
| BIGBEAR AI HLDGS INC | *W EXP 12/08/202 | 08975B117 |  | 23606 | 52423 | SH |  | DFND |  | 52423 | 0 | 0 |
| BIGBEAR AI HLDGS INC | COM | 08975B109 |  | 332031 | 94327 | SH |  | DFND |  | 94327 | 0 | 0 |
| BITCOIN DEPOT INC | *W EXP 06/30/202 | 09174P113 |  | 3534 | 165132 | SH |  | DFND |  | 165132 | 0 | 0 |
| BLACKROCK CORPOR HI YLD FD I | COM | 09255P107 |  | 664551 | 77999 | SH |  | DFND |  | 77999 | 0 | 0 |
| BLAIZE HLDGS INC | *W EXP 01/13/203 | 092915115 |  | 32082 | 84427 | SH |  | DFND |  | 84427 | 0 | 0 |
| BLUE GOLD LTD | *W EXP 04/01/203 | G1331C112 |  | 30593 | 152964 | SH |  | DFND |  | 152964 | 0 | 0 |
| BLUE OWL CAPITAL INC | COM CL A | 09581B103 |  | 456500 | 50000 | SH | Call | DFND |  | 50000 | 0 | 0 |
| BLUE WTR ACQUISITION CORP IV | UNIT 99/99/9999 | G1368A120 |  | 496000 | 50000 | SH |  | DFND |  | 50000 | 0 | 0 |
| BOREALIS FOODS INC | *W EXP 02/07/202 | 09973D113 |  | 5425 | 70000 | SH |  | DFND |  | 70000 | 0 | 0 |
| BRIGHTHOUSE FINL INC | COM | 10922N103 |  | 943110 | 15750 | SH |  | DFND |  | 15750 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 771918 | 2494 | SH |  | DFND |  | 2494 | 0 | 0 |
| CANTOR EQUITY PARTNERS II IN | CL A ORD SHS | G1827P106 |  | 505296 | 46400 | SH |  | DFND |  | 46400 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 |  | 290975 | 1033 | SH |  | DFND |  | 1033 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 190820 | 2000 | SH | Call | DFND |  | 2000 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 190820 | 2000 | SH | Put | DFND |  | 2000 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 560248 | 5872 | SH |  | DFND |  | 5872 | 0 | 0 |
| CLEANSPARK INC | COM NEW | 18452B209 |  | 445924 | 52400 | SH |  | DFND |  | 52400 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 298932 | 1712 | SH |  | DFND |  | 1712 | 0 | 0 |
| CONSTELLIUM SE | CL A SHS | F21107101 |  | 4368407 | 177722 | SH |  | DFND |  | 177722 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 209440 | 14000 | SH |  | DFND |  | 14000 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 519591 | 6707 | SH |  | DFND |  | 6707 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 1196536 | 8800 | SH |  | DFND |  | 8800 | 0 | 0 |
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | G25457105 |  | 309771 | 3300 | SH |  | DFND |  | 3300 | 0 | 0 |
| DIGITALBRIDGE GROUP INC | CL A NEW | 25401T603 |  | 686190 | 44500 | SH |  | DFND |  | 44500 | 0 | 0 |
| EAGLE NUCLEAR ENERGY CORP | *W EXP 02/25/203 | 269710117 |  | 56744 | 40823 | SH |  | DFND |  | 40823 | 0 | 0 |
| EATON VANCE FLOATING RATE IN | COM | 278279104 |  | 321900 | 30000 | SH |  | DFND |  | 30000 | 0 | 0 |
| ENGENE HOLDINGS INC | *W EXP 10/31/202 | 29286M113 |  | 42385 | 16753 | SH |  | DFND |  | 16753 | 0 | 0 |
| EVOLV TECHNOLOGIES HLDNGS IN | *W EXP 07/16/202 | 30049H110 |  | 25033 | 197268 | SH |  | DFND |  | 197268 | 0 | 0 |
| EXZEO GROUP INC | COM SHS | 30234F101 |  | 1159737 | 79055 | SH |  | DFND |  | 79055 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 1078930 | 23000 | SH |  | DFND |  | 23000 | 0 | 0 |
| FLEXTRONICS INTL LTD | ORD | Y2573F102 |  | 3289561 | 50253 | SH |  | DFND |  | 50253 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 1984770 | 27000 | SH |  | DFND |  | 27000 | 0 | 0 |
| FREEPORT MCMORAN INC | CL B | 35671D857 |  | 2204250 | 37500 | SH | Call | DFND |  | 37500 | 0 | 0 |
| GAMESTOP CORP | CL A | 36467W109 |  | 1036800 | 45000 | SH | Call | DFND |  | 45000 | 0 | 0 |
| GCT SEMICONDUCTOR HLDG INC | *W EXP 03/01/202 | 36170N115 |  | 121813 | 673000 | SH |  | DFND |  | 673000 | 0 | 0 |
| GEN DIGITAL INC | RIGHT 99/99/9999 | 668771116 |  | 78615 | 166910 | SH |  | DFND |  | 166910 | 0 | 0 |
| GIGCAPITAL7 CORP | *W EXP 08/29/202 | G38648120 |  | 12140 | 38175 | SH |  | DFND |  | 38175 | 0 | 0 |
| GIGCAPITAL7 CORP | ORD SHS CL A | G38648104 |  | 745500 | 70000 | SH |  | DFND |  | 70000 | 0 | 0 |
| GLOBUS MED INC | CL A | 379577208 |  | 1774551 | 20596 | SH |  | DFND |  | 20596 | 0 | 0 |
| GXO LOGISTICS INCORPORATED | COMMON STOCK | 36262G101 |  | 2907852 | 56082 | SH |  | DFND |  | 56082 | 0 | 0 |
| HELPORT AI LTD | *W EXP 03/31/202 | G4R52R111 |  | 9090 | 82640 | SH |  | DFND |  | 82640 | 0 | 0 |
| HERTZ GLOBAL HLDGS INC | *W EXP 06/30/205 | 42806J148 |  | 32625 | 14309 | SH |  | DFND |  | 14309 | 0 | 0 |
| ILLUMINATION ACQUISITIO CORP | UNIT 12/23/2031 | G470AU126 |  | 644800 | 65000 | SH |  | DFND |  | 65000 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 1765200 | 40000 | SH | Call | DFND |  | 40000 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 57718000 | 100000 | SH | Put | DFND |  | 100000 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 4617440 | 8000 | SH |  | DFND |  | 8000 | 0 | 0 |
| INVESCO SR INCOME TR | COM | 46131H107 |  | 1262079 | 391950 | SH |  | DFND |  | 391950 | 0 | 0 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 208182 | 6073 | SH |  | DFND |  | 6073 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 3243955 | 84500 | SH | Call | DFND |  | 84500 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 4207544 | 109600 | SH | Put | DFND |  | 109600 | 0 | 0 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 412699 | 3355 | SH |  | DFND |  | 3355 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 293002 | 4300 | SH |  | DFND |  | 4300 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 162811584 | 2046400 | SH | Call | DFND |  | 2046400 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 759511584 | 9546400 | SH | Put | DFND |  | 9546400 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 70843500 | 650000 | SH | Put | DFND |  | 650000 | 0 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 1330416 | 4048 | SH |  | DFND |  | 4048 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 56818395 | 1000500 | SH | Call | DFND |  | 1000500 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 62000000 | 250000 | SH | Call | DFND |  | 250000 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 62000000 | 250000 | SH | Put | DFND |  | 250000 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 4960000 | 20000 | SH |  | DFND |  | 20000 | 0 | 0 |
| JAMES HARDIE INDS PLC | ORD SHS | G4253H101 |  | 2010045 | 106127 | SH |  | DFND |  | 106127 | 0 | 0 |
| JANUS HENDERSON GROUP PLC | ORD SHS | G4474Y214 |  | 770550 | 15000 | SH |  | DFND |  | 15000 | 0 | 0 |
| JOBY AVIATION INC | *W EXP 08/10/202 | G65163118 |  | 42513 | 53814 | SH |  | DFND |  | 53814 | 0 | 0 |
| K WAVE MEDIA LTD | *W EXP 05/14/203 | G53151125 |  | 18160 | 400000 | SH |  | DFND |  | 400000 | 0 | 0 |
| KODIAK AI INC. | *W EXP 09/25/203 | 500081112 |  | 119896 | 111015 | SH |  | DFND |  | 111015 | 0 | 0 |
| LANVIN GROUP HOLDINGS LIMITE | *W EXP 01/14/202 | G5380J118 |  | 23290 | 2117304 | SH |  | DFND |  | 2117304 | 0 | 0 |
| LIBERTY ALL STAR EQUITY FD | SH BEN INT | 530158104 |  | 769957 | 138731 | SH |  | DFND |  | 138731 | 0 | 0 |
| LISTED FDS TR | ROUNDHILL MAGNIF | 53656G498 |  | 917480 | 15835 | SH |  | DFND |  | 15835 | 0 | 0 |
| LIVEWIRE GROUP INC | *W EXP 09/26/202 | 53838J113 |  | 76730 | 1534590 | SH |  | DFND |  | 1534590 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 1041490 | 1482 | SH |  | DFND |  | 1482 | 0 | 0 |
| MANCHESTER UTD PLC NEW | ORD CL A | G5784H106 |  | 662372 | 39380 | SH |  | DFND |  | 39380 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1624277 | 2839 | SH |  | DFND |  | 2839 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1013520 | 3000 | SH | Call | DFND |  | 3000 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 935479 | 2769 | SH |  | DFND |  | 2769 | 0 | 0 |
| NET POWER INC | *W EXP 06/08/202 | 64107A113 |  | 45685 | 169203 | SH |  | DFND |  | 169203 | 0 | 0 |
| NEW ERA ENERGY  DIGITAL INC | *W EXP 12/06/202 | 64428N117 |  | 83116 | 45668 | SH |  | DFND |  | 45668 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 595375 | 5500 | SH |  | DFND |  | 5500 | 0 | 0 |
| NIOCORP DEVS LTD | *W EXP 03/17/202 | 654484153 |  | 81093 | 47423 | SH |  | DFND |  | 47423 | 0 | 0 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 603000 | 75000 | SH |  | DFND |  | 75000 | 0 | 0 |
| NORTHERN DYNASTY MINERALS LT | COM NEW | 66510M204 |  | 642600 | 459000 | SH |  | DFND |  | 459000 | 0 | 0 |
| NUSCALE PWR CORP | CL A COM | 67079K100 |  | 188616 | 17400 | SH |  | DFND |  | 17400 | 0 | 0 |
| NUVEEN CR STRATEGIES INCOME | COM SHS | 67073D102 |  | 1015074 | 208434 | SH |  | DFND |  | 208434 | 0 | 0 |
| NUVEEN FLOATING RATE INCOME | COM | 67072T108 |  | 709587 | 94360 | SH |  | DFND |  | 94360 | 0 | 0 |
| NUVEEN NASDAQ 100 DYNAMIC OV | COM SHS | 670699107 |  | 1763234 | 66113 | SH |  | DFND |  | 66113 | 0 | 0 |
| NUVEEN S 500 DYNAMIC OVERW | COM | 6706EW100 |  | 2104961 | 130987 | SH |  | DFND |  | 130987 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1196558 | 6861 | SH |  | DFND |  | 6861 | 0 | 0 |
| OKLO INC | COM CL A | 02156V109 |  | 459402 | 9264 | SH |  | DFND |  | 9264 | 0 | 0 |
| OLAPLEX HLDGS INC | COM | 679369108 |  | 39652 | 19533 | SH |  | DFND |  | 19533 | 0 | 0 |
| ON SEMICONDUCTOR CORP | NOTE 0.500% 3/0 | 682189AU9 |  | 3931040 | 4000000 | PRN |  | DFND |  | 4000000 | 0 | 0 |
| OPENDOOR TECHNOLOGIES INC | *W EXP 11/20/202 | 683712137 |  | 22540 | 91627 | SH |  | DFND |  | 91627 | 0 | 0 |
| OPENDOOR TECHNOLOGIES INC | *W EXP 11/20/202 | 683712129 |  | 74533 | 123277 | SH |  | DFND |  | 123277 | 0 | 0 |
| OPENDOOR TECHNOLOGIES INC | *W EXP 11/20/202 | 683712145 |  | 14582 | 61945 | SH |  | DFND |  | 61945 | 0 | 0 |
| OPENDOOR TECHNOLOGIES INC | COM | 683712103 |  | 56160 | 12000 | SH |  | DFND |  | 12000 | 0 | 0 |
| ORACLE CORP | 6.5 DEP CUM SR D | 68389X204 |  | 1237775 | 27500 | SH |  | DFND |  | 27500 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 1471100 | 10000 | SH |  | DFND |  | 10000 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 578099 | 3952 | SH |  | DFND |  | 3952 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 678450 | 15000 | SH |  | DFND |  | 15000 | 0 | 0 |
| PAYPAY CORP | SPONSORED ADS | 70450C101 |  | 213400 | 10000 | SH |  | DFND |  | 10000 | 0 | 0 |
| PLANET FITNESS MASTER ISSUER | CL A | 72703H101 |  | 892560 | 12000 | SH |  | DFND |  | 12000 | 0 | 0 |
| POWERFLEET INC | COM | 73931J109 |  | 1702304 | 552696 | SH |  | DFND |  | 552696 | 0 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 2365161 | 125606 | SH |  | DFND |  | 125606 | 0 | 0 |
| REGENXBIO INC | COM | 75901B107 |  | 347770 | 41500 | SH |  | DFND |  | 41500 | 0 | 0 |
| RENEW ENERGY GLOBAL PLC | *W EXP 08/21/202 | G7500M120 |  | 1540 | 200000 | SH |  | DFND |  | 200000 | 0 | 0 |
| RESIDEO TECHNOLOGIES INC | COM | 76118Y104 |  | 1550660 | 46000 | SH |  | DFND |  | 46000 | 0 | 0 |
| RH | COM | 74967X103 |  | 1831642 | 13100 | SH |  | DFND |  | 13100 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 693000 | 10000 | SH | Call | DFND |  | 10000 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 423700 | 6114 | SH |  | DFND |  | 6114 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 |  | 682355 | 1074 | SH |  | DFND |  | 1074 | 0 | 0 |
| SBC MED GROUP HLDGS INC | *W EXP 09/17/202 | 73245B115 |  | 29995 | 100000 | SH |  | DFND |  | 100000 | 0 | 0 |
| SHARPLINK INC | COM NEW | 820014405 |  | 105619 | 16375 | SH |  | DFND |  | 16375 | 0 | 0 |
| SOLSTICE ADVANCED MATLS INC | COM SHS | 83443Q103 |  | 1865920 | 24500 | SH |  | DFND |  | 24500 | 0 | 0 |
| SOUTHLAND HLDGS INC | *W EXP 02/14/202 | 84445C118 |  | 7717 | 220489 | SH |  | DFND |  | 220489 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 301203 | 700 | SH |  | DFND |  | 700 | 0 | 0 |
| SPERO THERAPEUTICS INC | COM | 84833T103 |  | 458497 | 195939 | SH |  | DFND |  | 195939 | 0 | 0 |
| STANDARDAERO INC | COM | 85423L103 |  | 942872 | 36503 | SH |  | DFND |  | 36503 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 499200 | 4000 | SH | Put | DFND |  | 4000 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 126797 | 1016 | SH |  | DFND |  | 1016 | 0 | 0 |
| STRATEGY INC | SERIES A PERP PF | 594972887 |  | 2670480 | 37772 | SH |  | DFND |  | 37772 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 455400 | 20000 | SH | Call | DFND |  | 20000 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 455400 | 20000 | SH | Put | DFND |  | 20000 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 223146 | 9800 | SH |  | DFND |  | 9800 | 0 | 0 |
| T1 ENERGY INC | *W EXP 07/09/202 | 35834F112 |  | 8962 | 40554 | SH |  | DFND |  | 40554 | 0 | 0 |
| TMC THE METALS COMPANY INC | *W EXP 09/09/202 | 87261Y114 |  | 52077 | 160187 | SH |  | DFND |  | 160187 | 0 | 0 |
| TRAVEL PLUS LEISURE CO | COM | 894164102 |  | 3569443 | 51589 | SH |  | DFND |  | 51589 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 899125 | 12500 | SH |  | DFND |  | 12500 | 0 | 0 |
| UNIFIRST CORP MASS | COM | 904708104 |  | 880565 | 3500 | SH |  | DFND |  | 3500 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 300084 | 1109 | SH |  | DFND |  | 1109 | 0 | 0 |
| UNITY SOFTWARE INC | NOTE 3/1 | 91332UAH4 |  | 2508300 | 2500000 | PRN |  | DFND |  | 2500000 | 0 | 0 |
| US GOLDMINING INC | *W EXP 04/24/202 | 90291W116 |  | 17134 | 38083 | SH |  | DFND |  | 38083 | 0 | 0 |
| US GOLDMINING INC | COM | 90291W108 |  | 1163 | 100 | SH |  | DFND |  | 100 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 1894316 | 20642 | SH |  | DFND |  | 20642 | 0 | 0 |
| VIRTUS DIVIDEND INTEREST  P | COM | 92840R101 |  | 504400 | 40000 | SH |  | DFND |  | 40000 | 0 | 0 |
| VISIONWAVE HOLDINGS INC | *W EXP 07/14/203 | 927950113 |  | 74124 | 86181 | SH |  | DFND |  | 86181 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 961100 | 35000 | SH |  | DFND |  | 35000 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 864915 | 11500 | SH |  | DFND |  | 11500 | 0 | 0 |
| WESTERN ASSET HIGH YIELD OPP | COM | 95768B107 |  | 381255 | 35698 | SH |  | DFND |  | 35698 | 0 | 0 |
| WESTERN AST INFL LKD OPP  I | COM | 95766R104 |  | 1442125 | 170464 | SH |  | DFND |  | 170464 | 0 | 0 |
| XANADU QUANTUM TECHNOLO LTD | SUB VTG B | 98390R102 |  | 210650 | 27500 | SH |  | DFND |  | 27500 | 0 | 0 |
| XEROX HOLDINGS CORP | *W EXP 02/11/202 | 98421M114 |  | 50884 | 562259 | SH |  | DFND |  | 562259 | 0 | 0 |
| YETI HLDGS INC | COM | 98585X104 |  | 1920975 | 52500 | SH |  | DFND |  | 52500 | 0 | 0 |
| ZIM INTEGRATED SHIPPING SERV | SHS | M9T951109 |  | 527000 | 20000 | SH |  | DFND |  | 20000 | 0 | 0 |
| ZOOMINFO TECHNOLOGIES INC | COMMON STOCK | 98980F104 |  | 239200 | 40000 | SH | Call | DFND |  | 40000 | 0 | 0 |
| ZOOMINFO TECHNOLOGIES INC | COMMON STOCK | 98980F104 |  | 2043097 | 341655 | SH |  | DFND |  | 341655 | 0 | 0 |

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