# SONA ASSET MANAGEMENT (US) LLC: Form 13F holdings

An institutional investment manager in NEW YORK, NY. SEC CIK 1856405.

- Quarter ended: 2026-06-30
- Filed: 2026-08-14
- Reported value: $4.76bn
- Positions: 424 (691 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1856405/000090514826003745/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| ISHARES TR | 20 YR TR BD ETF | $670.7m | 14.1% | 7,761,400 | Call | Reduced −420,000 |
| [ECHOSTAR CORP (ECHO)](/companies/echo.md) | CL A | $232.2m | 4.9% | 2,287,240 |  | Added +420,870 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | $209.9m | 4.4% | 320,000 | Put | Added +270,000 |
| ISHARES TR | IBOXX HI YD ETF | $179.9m | 3.8% | 2,250,000 | Put | Added +1,625,000 |
| WARNER BROS DISCOVERY INC | COM SER A | $146.5m | 3.1% | 5,495,158 |  | Reduced −441,051 |
| INVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | $137.9m | 2.9% | 648,262 |  | New +648,262 |
| BILL HOLDINGS INC | NOTE4/0 | $129.7m | 2.7% | $150,078,000 principal |  | Added +13,738,000 |
| ISHARES TR | IBOXX INV CP ETF | $109.1m | 2.3% | 1,000,000 | Put | New +1,000,000 |
| TRIP COM GROUP LTD | NOTE 0.750% 6/1 | $93.6m | 2.0% | $95,000,000 principal |  | Reduced −5,000,000 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | $86.6m | 1.8% | 4,250,000 | Put | Reduced −3,500,000 |
| ISHARES TR | RUSSELL 2000 ETF | $83.4m | 1.8% | 277,700 | Put | Added +177,700 |
| WARNER BROS DISCOVERY INC | COM SER A | $80.0m | 1.7% | 3,000,000 | Put | New +3,000,000 |
| ISHARES INC | MSCI BRAZIL ETF | $74.1m | 1.6% | 2,147,200 | Call | Reduced −2,062,800 |
| ETSY INC | NOTE 0.250% 6/1 | $71.0m | 1.5% | $77,500,000 principal |  | New +77,500,000 |
| ISHARES INC | MSCI STH KOR ETF | $65.6m | 1.4% | 325,000 | Put | New +325,000 |
| KYIVSTAR GROUP LTD | ORD SHS | $64.9m | 1.4% | 4,014,331 |  | Reduced −1,535,348 |
| [SHARONAI HOLDINGS INC (SHAZ)](/companies/shaz.md) | COM CL A | $63.4m | 1.3% | 749,362 |  | Added +649,362 |
| ALPHABET INC | DEP SHS RP1/20 B | $62.4m | 1.3% | 1,245,000 |  | New +1,245,000 |
| [COREWEAVE INC (CRWV)](/companies/crwv.md) | COM CL A | $59.7m | 1.3% | 600,000 | Put | New +600,000 |
| KRANESHARES TRUST | CSI CHI INTERNET | $54.3m | 1.1% | 2,219,500 | Call | Added +2,119,500 |
| DRAFTKINGS INC NEW | NOTE3/1 | $52.3m | 1.1% | $55,999,000 principal |  | Reduced −22,401,000 |
| ISHARES TR | JPMORGAN USD EMG | $51.7m | 1.1% | 536,466 |  | Added +528,515 |
| SHIFT4 PMTS INC | NOTE 0.500% 8/0 | $51.0m | 1.1% | $53,398,000 principal |  | Added +7,769,000 |
| [ECHOSTAR CORP (ECHO)](/companies/echo.md) | CL A | $50.5m | 1.1% | 497,100 | Call | Reduced −600,000 |
| WARNER BROS DISCOVERY INC | COM SER A | $49.9m | 1.0% | 1,871,900 | Call | New +1,871,900 |
| [AES CORP (AES)](/companies/aes.md) | COM | $48.7m | 1.0% | 3,319,005 |  | Reduced −7,739,260 |
| ISHARES TR | ISHARES SEMICDTR | $48.1m | 1.0% | 75,000 | Put | New +75,000 |
| ALPHABET INC | DEP SHS RP1/20 A | $42.9m | 0.9% | 850,000 |  | New +850,000 |
| [ROCKET COS INC (RKT)](/companies/rkt.md) | COM CL A | $40.6m | 0.9% | 2,575,000 |  | New +2,575,000 |
| SUPER MICRO COMPUTER INC | 7 DEP CM SR A WI | $38.5m | 0.8% | 750,000 |  | New +750,000 |
| BLUE ACQUISITION CORP. | ORD SHS CL A | $35.4m | 0.7% | 3,342,359 |  | Unchanged |
| ISHARES INC | MSCI STH KOR ETF | $33.5m | 0.7% | 166,000 | Call | Reduced −9,000 |
| ISHARES TR | RUSSELL 2000 ETF | $30.0m | 0.6% | 100,000 | Call | New +100,000 |
| INVESCO QQQ TR | UNIT SER 1 | $29.5m | 0.6% | 40,000 | Call | Reduced −95,000 |
| NEBIUS GROUP N.V. | SHS CLASS A | $27.6m | 0.6% | 100,000 | Put | New +100,000 |
| IREN LIMITED | ORDINARY SHARES | $27.4m | 0.6% | 600,000 | Put | New +600,000 |
| [CHARTER COMMUNICATIONS INC (CHTR)](/companies/chtr.md) | CL A | $25.7m | 0.5% | 181,029 |  | Added +171,029 |
| BORR DRILLING LTD | SHS | $25.0m | 0.5% | 6,050,000 |  | New +6,050,000 |
| INVESCO QQQ TR | UNIT SER 1 | $24.7m | 0.5% | 33,500 | Put | New +33,500 |
| [VIASAT INC (VSAT)](/companies/vsat.md) | COM | $24.4m | 0.5% | 272,241 |  | New +272,241 |
| CELCUITY INC | NOTE 0.250% 8/0 | $23.9m | 0.5% | $21,000,000 principal |  | New +21,000,000 |
| ISHARES TR | IBOXX INV CP ETF | $22.8m | 0.5% | 209,432 |  | Reduced −904,656 |
| BITDEER TECHNOLOGIES GROUP | CL A ORD SHS | $22.4m | 0.5% | 1,410,000 |  | Added +261,976 |
| SERVICE PPTYS TR | COM SH BEN INT | $22.1m | 0.5% | 13,100,000 |  | New +13,100,000 |
| ETSY INC | NOTE 0.125%10/0 | $20.6m | 0.4% | $20,222,000 principal |  | Reduced −67,000,000 |
| SOREN ACQUISITION CORP | USD CL A ORD SHS | $18.4m | 0.4% | 1,850,000 |  | Unchanged |
| BITDEER TECHNOLOGIES GROUP | CL A ORD SHS | $18.3m | 0.4% | 1,150,000 | Call | Added +750,000 |
| [IHEARTMEDIA INC (IHRT)](/companies/ihrt.md) | COM CL A | $17.6m | 0.4% | 4,109,524 |  | Added +2,234,856 |
| [SPACE EXPLORATION TECHN CORP (SPCX)](/companies/spcx.md) | CLASS A COM STK | $17.1m | 0.4% | 100,000 | Put | New +100,000 |
| LAFAYETTE DIGITAL ACQUISITIO | ORD CLASS A | $16.7m | 0.4% | 1,675,000 |  | Unchanged |
| [CCC INTELLIGENT SOLUTIONS HL (CCC)](/companies/ccc.md) | COM | $16.4m | 0.3% | 3,182,847 |  | New +3,182,847 |
| MANCHESTER UTD PLC NEW | ORD CL A | $15.6m | 0.3% | 681,402 |  | New +681,402 |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | CAP STK CL A | $15.6m | 0.3% | 43,520 |  | New +43,520 |
| ISHARES INC | MSCI TAIWAN ETF | $14.1m | 0.3% | 129,600 | Put | New +129,600 |
| WAYFAIR INC | NOTE 1.000% 8/1 | $14.1m | 0.3% | $14,095,000 principal |  | Unchanged |
| [AMC ENTMT HLDGS INC (AMC)](/companies/amc.md) | CL A NEW | $13.9m | 0.3% | 7,306,759 |  | New +7,306,759 |
| RRE VENTURES ACQUISITION COR | UNIT 04/22/2031 | $12.0m | 0.3% | 1,200,000 |  | New +1,200,000 |
| [DAUCH CORP (DCH)](/companies/dch.md) | COM | $10.8m | 0.2% | 1,999,257 |  | New +1,999,257 |
| [GDS HLDGS LTD (GDS)](/companies/gds.md) | SPONSORED ADS | $10.3m | 0.2% | 343,300 |  | New +343,300 |
| [NEXTNAV INC (NN)](/companies/nn.md) | COMMON STOCK | $10.2m | 0.2% | 569,713 |  | Added +48,236 |
| FORTRESS VALUE ACQU CORP V | ORD SHS CL A | $10.1m | 0.2% | 1,000,000 |  | Unchanged |
| IRENIC ACQUISITION CORP | ORD SHS CL A | $10.0m | 0.2% | 1,000,000 |  | New +1,000,000 |
| AVERIN CAP ACQUISITION CORP | ORD SHS CL A | $10.0m | 0.2% | 1,000,000 |  | New +1,000,000 |
| MOUNTAIN LAKE ACQUISIT CORP | USD CL A ORD SHS | $9.9m | 0.2% | 1,000,000 |  | Unchanged |
| [COMCAST CORP NEW (CMCSA)](/companies/cmcsa.md) | CL A | $9.8m | 0.2% | 400,000 |  | New +400,000 |
| [ROKU INC (ROKU)](/companies/roku.md) | COM CL A | $9.7m | 0.2% | 70,000 |  | New +70,000 |
| [NORFOLK SOUTHN CORP (NSC)](/companies/nsc.md) | COM | $9.4m | 0.2% | 30,000 |  | Reduced −39,083 |
| CAMBRIDGE ACQUISITION CORP | USD CL A ORD SHS | $9.4m | 0.2% | 950,000 |  | New +950,000 |
| BLEICHROEDER ACQUISITI CORP | USD CL A ORD SHS | $9.3m | 0.2% | 900,000 |  | Added +553,789 |
| [DIGITAL RLTY TR INC (DLR)](/companies/dlr.md) | COM | $9.0m | 0.2% | 50,000 |  | New +50,000 |
| ILLUMINATION ACQUISITIO CORP | ORD SHS CL A | $8.9m | 0.2% | 900,000 |  | New +900,000 |
| KEYSTONE ACQUISITION CORP | CL A | $8.9m | 0.2% | 900,000 |  | New +900,000 |
| [REVOLUTION MEDICINES INC (RVMD)](/companies/rvmd.md) | COM | $8.7m | 0.2% | 46,450 |  | New +46,450 |
| QIAGEN NV | ORD SHARES | $8.7m | 0.2% | 222,060 |  | Unchanged |
| IRIS ACQUISITION CORP II | ORD SHS CL A | $8.4m | 0.2% | 850,000 |  | Unchanged |
| OCEANHAWK ACQUISITION CORP | CL A ORD SHS | $8.4m | 0.2% | 850,000 |  | New +850,000 |
| NEWHOLD INVTS CORP IV | UNIT 04/14/2031 | $8.2m | 0.2% | 800,000 |  | New +800,000 |
| FLUTTER ENTMT PLC | SHS | $8.1m | 0.2% | 78,823 |  | New +78,823 |
| ARCHIMEDES TECH SPAC PTNRS I | ORD SHS | $8.0m | 0.2% | 800,000 |  | Unchanged |
| MUZERO ACQUISITION CORP | CL A ORD SHS | $7.9m | 0.2% | 800,000 |  | Unchanged |
| D. BORAL ARC ACQ I CORP. | SHS CL A | $7.8m | 0.2% | 750,000 |  | New +750,000 |
| [STUBHUB HLDGS INC (STUB)](/companies/stub.md) | CL A | $7.5m | 0.2% | 585,106 |  | New +585,106 |
| ABONY ACQUISITION CORP I | UNIT 01/29/2031 | $7.5m | 0.2% | 750,000 |  | Unchanged |
| [STATE STR SPDR S&P 500 ETF T (SPY)](/companies/spy.md) | TR UNIT | $7.5m | 0.2% | 10,000 | Put | Added +4,000 |
| ART TECHNOLOGY ACQUISITION C | USD CL A ORD SHS | $7.4m | 0.2% | 750,000 |  | Unchanged |
| ALDABRA 4 LQDTY OPP VEH INC | CL A ORD SHS | $7.4m | 0.2% | 748,363 |  | Unchanged |
| ENERGY TRANSITION SPL OPPORT | ORD CL A | $7.4m | 0.2% | 747,500 |  | New +747,500 |
| [NEXTNAV INC (NN)](/companies/nn.md) | COMMON STOCK | $7.1m | 0.1% | 400,000 | Call | New +400,000 |
| ETSY INC | NOTE 0.125% 9/0 | $7.1m | 0.1% | $7,500,000 principal |  | New +7,500,000 |
| TRIBECA STRATEGIC ACQUISITIO | UNIT 05/22/2031 | $7.0m | 0.1% | 700,000 |  | New +700,000 |
| [GMR SOLUTIONS INC (GMRS)](/companies/gmrs.md) | COM CL A | $7.0m | 0.1% | 450,000 |  | New +450,000 |
| [MARVELL TECHNOLOGY INC (MRVL)](/companies/mrvl.md) | COM | $6.9m | 0.1% | 23,000 |  | New +23,000 |
| AXIOM INTELLIGENCE AC CORP 1 | ORD SHS CL A | $6.7m | 0.1% | 650,000 |  | Added +200,351 |
| [BAUSCH PLUS LOMB CORP (BLCO)](/companies/blco.md) | COMMON SHARES | $6.7m | 0.1% | 404,279 |  | New +404,279 |
| ARMADA ACQUISITION CORP III | ORD SHS CL A | $6.5m | 0.1% | 650,000 |  | Unchanged |
| [SHOPIFY INC (SHOP)](/companies/shop.md) | CL A SUB VTG SHS | $6.3m | 0.1% | 55,000 |  | New +55,000 |
| [CHEMOURS CO (CC)](/companies/cc.md) | COM | $6.2m | 0.1% | 300,000 |  | New +300,000 |
| [RIOT PLATFORMS INC (RIOT)](/companies/riot.md) | COM | $6.2m | 0.1% | 224,830 |  | Reduced −97,170 |
| MOZAYYX ACQUISITION CORP | UNIT 99/99/9999 | $6.0m | 0.1% | 600,000 |  | Unchanged |
| BLACK SPADE ACQUISITION III | USD CL A ORD SHS | $6.0m | 0.1% | 600,000 |  | New +600,000 |
| LEGATO MERGER CORP IV | ORD SHS | $6.0m | 0.1% | 600,000 |  | Unchanged |
| M EVO GBL ACQUISITION CORP I | ORD SHS CL A | $6.0m | 0.1% | 600,000 |  | Unchanged |
| [MEDLINE INC (MDLN)](/companies/mdln.md) | COM CL A | $5.9m | 0.1% | 150,000 |  | New +150,000 |
| SPDR SERIES TRUST | ST STR SP HOME | $5.8m | 0.1% | 50,000 | Call | New +50,000 |
| [SANDISK CORP (SNDK)](/companies/sndk.md) | COM | $5.7m | 0.1% | 2,500 |  | Reduced −7,500 |
| [CIPHER DIGITAL INC (CIFR)](/companies/cifr.md) | COM | $5.7m | 0.1% | 232,000 |  | Added +12,000 |
| FIRSTENERGY CORP | NOTE 3.875% 1/1 | $5.6m | 0.1% | $5,000,000 principal |  | New +5,000,000 |
| MESHFLOW ACQUISITION CORP | USD CL A ORD SHS | $5.5m | 0.1% | 550,000 |  | Unchanged |
| [DAUCH CORP (DCH)](/companies/dch.md) | COM | $5.4m | 0.1% | 1,000,000 | Call | Unchanged |
| [HUT 8 CORP (HUT)](/companies/hut.md) | COM | $5.2m | 0.1% | 45,000 |  | Reduced −46,400 |
| SPRING VY ACQUISITION CORP I | ORD SHS CL A | $5.2m | 0.1% | 506,018 |  | Added +6,018 |
| [CLOUDFLARE INC (NET)](/companies/net.md) | CL A COM | $5.2m | 0.1% | 21,000 |  | New +21,000 |
| COLOMBIER ACQUISITION CORP I | ORD SHS CL A | $5.1m | 0.1% | 500,000 |  | New +500,000 |
| HENNESSY CAP INVTS CORP VIII | ORD CL A | $5.1m | 0.1% | 515,696 |  | Unchanged |
| AI INFRASTRUCTURE ACQUISI | ORD SHS CL A | $5.1m | 0.1% | 500,000 |  | Added +346,172 |
| [TXNM ENERGY INC (TXNM)](/companies/txnm.md) | COM | $5.1m | 0.1% | 90,000 |  | New +90,000 |
| [ARES CAPITAL CORP (ARCC)](/companies/arcc.md) | COM | $5.1m | 0.1% | 275,000 |  | New +275,000 |
| ISHARES INC | MSCI MEXICO ETF | $5.0m | 0.1% | 67,065 |  | Reduced −6,935 |
| DRUGS MADE IN AMER ACQ II CO | USD ORD SHS | $5.0m | 0.1% | 500,000 |  | Unchanged |
| EVOLUTION GLOBAL ACQUISITION | USD CL A ORD SHS | $5.0m | 0.1% | 501,622 |  | Unchanged |
| TALON CAP CORP | ORD SHS CL A | $5.0m | 0.1% | 487,324 |  | Unchanged |
| SC II ACQUISITION CORP | ORD SHS CLASS A | $5.0m | 0.1% | 500,000 |  | Unchanged |
| [NVIDIA CORPORATION (NVDA)](/companies/nvda.md) | COM | $5.0m | 0.1% | 25,000 |  | New +25,000 |
| PATRIOT ACQUISITION CORP | UNIT 05/11/2031 | $5.0m | 0.1% | 500,000 |  | New +500,000 |
| WILCO 63 CORP | UNIT 05/29/2031 | $5.0m | 0.1% | 500,000 |  | New +500,000 |
| IDEA ACQUISITION CORP | ORD SHS CL A | $5.0m | 0.1% | 500,000 |  | New +500,000 |
| [BLOOM ENERGY CORP (BE)](/companies/be.md) | COM CL A | $4.9m | 0.1% | 14,925 |  | Reduced −10,375 |
| AMERICAN DRIVE ACQUISITION C | USD CL A ORD SHS | $4.8m | 0.1% | 483,091 |  | Unchanged |
| SOCIAL COMM PARTNERS CORP | ORD SHS CL A | $4.8m | 0.1% | 477,971 |  | Unchanged |
| FG IMPERII ACQUISITION CORP | ORD SHS CL A | $4.7m | <0.1% | 473,433 |  | Unchanged |
| [FMC CORP (FMC)](/companies/fmc.md) | COM NEW | $4.7m | <0.1% | 408,097 |  | New +408,097 |
| [INVESCO DB COMMDY INDX TRCK (DBC)](/companies/dbc.md) | UNIT | $4.7m | <0.1% | 175,000 |  | Unchanged |
| WEN ACQUISITION CORP | COM CL A | $4.6m | <0.1% | 450,000 |  | Unchanged |
| [SABLE OFFSHORE CORP (SOC)](/companies/soc.md) | COM SHS | $4.6m | <0.1% | 1,501,943 |  | New +1,501,943 |
| REPUBLIC DIGITAL ACQUISITION | USD CL A ORD SHS | $4.6m | <0.1% | 444,102 |  | Unchanged |
| CRANE HBR ACQUISITION CORP I | ORD SHS CL A | $4.6m | <0.1% | 451,963 |  | Unchanged |
| COLUMBUS CIRCLE CAP CORP II | USD CL A ORD SHS | $4.6m | <0.1% | 450,000 |  | Unchanged |
| [CURBLINE PPTYS CORP (CURB)](/companies/curb.md) | COM | $4.6m | <0.1% | 150,000 |  | New +150,000 |
| ISHARES TR | MSCI UK ETF NEW | $4.6m | <0.1% | 98,750 |  | New +98,750 |
| [VERSANT MEDIA GROUP INC (VSNT)](/companies/vsnt.md) | COM CL A | $4.5m | <0.1% | 125,000 |  | New +125,000 |
| X3 ACQUISITION CORP LTD | ORD SHS CL A | $4.5m | <0.1% | 450,000 |  | Unchanged |
| SILVERBOX CORP V | ORD SHS CL A | $4.5m | <0.1% | 443,400 |  | Unchanged |
| SILICON VY ACQUISITION CORP | CL A | $4.5m | <0.1% | 441,739 |  | Added +148,609 |
| XSOLLA SPAC 1 | USD CL A ORD SHS | $4.5m | <0.1% | 450,000 |  | Unchanged |
| OTG ACQUISITION CORP. I | ORD CL A | $4.5m | <0.1% | 438,894 |  | Unchanged |
| VIKING ACQUISITION CORP I | ORD CL A | $4.4m | <0.1% | 428,614 |  | Added +300,000 |
| LISTED FDS TR | ROUN MA SEVE ETF | $4.4m | <0.1% | 68,100 | Call | New +68,100 |
| LIONHEART HOLDINGS | SHS CL A | $4.3m | <0.1% | 400,000 |  | Added +259,302 |
| GSR V ACQUISITION CORP | UNIT 05/12/2031 | $4.3m | <0.1% | 426,478 |  | New +426,478 |
| GIGCAPITAL8 CORP | ORD CL A | $4.2m | <0.1% | 416,416 |  | Unchanged |
| HARVARD AVE ACQUISITION CORP | USD CL A ORD SHS | $4.1m | <0.1% | 410,208 |  | Unchanged |
| UNITED ACQUISITION CORP I | ORD SHS CL A | $4.1m | <0.1% | 414,655 |  | Unchanged |
| SPACE ASSET ACQUISITION CORP | USD CL A ORD SHS | $4.1m | <0.1% | 400,000 |  | Unchanged |
| METALS ACQUISITION CORP II | ORD CL A | $4.1m | <0.1% | 400,000 |  | New +400,000 |
| CANTOR EQUITY PARTNERS VII I | CL A ORD SHS | $4.0m | <0.1% | 400,000 |  | New +400,000 |
| ONEIM ACQUISITION CORP | ORD SHS CL A | $4.0m | <0.1% | 400,000 |  | Unchanged |
| [THE CAMPBELLS COMPANY (CPB)](/companies/cpb.md) | COM | $4.0m | <0.1% | 180,000 |  | New +180,000 |
| SPARTACUS ACQUISITION CORP I | CL A ORD SHS | $4.0m | <0.1% | 400,000 |  | New +400,000 |
| KPET ULTRA PACELINE CORP | ORD CL A | $4.0m | <0.1% | 400,000 |  | New +400,000 |
| TRANSLATIONAL DEV ACQUISITIO | COM CL A | $4.0m | <0.1% | 369,960 |  | Unchanged |
| DYNAMIX CORP III | USD CL A ORD SHS | $3.9m | <0.1% | 392,034 |  | Unchanged |
| [DATADOG INC (DDOG)](/companies/ddog.md) | CL A COM | $3.9m | <0.1% | 15,000 |  | New +15,000 |
| KARBON CAP PARTNERS CORP | ORD SHS CL A | $3.9m | <0.1% | 386,047 |  | Unchanged |
| WHITE PEARL ACQUISITION CORP | ORD SHS CL A | $3.8m | <0.1% | 383,451 |  | Unchanged |
| NEW PROVIDENCE ACQUISITION C | USD CL A ORD SHS | $3.8m | <0.1% | 366,183 |  | Unchanged |
| [CAESARS ENTERTAINMENT INC NE (CZR)](/companies/czr.md) | COM | $3.8m | <0.1% | 125,000 |  | Unchanged |
| CHAMPIONSGATE ACQUISITION CO | SHS CL A | $3.8m | <0.1% | 362,528 |  | Unchanged |
| K2 CAP ACQUISITION CORP | ORD SHS CL A | $3.8m | <0.1% | 377,226 |  | Unchanged |
| PLUM ACQUISITION CORP IV | SHS CL A | $3.7m | <0.1% | 350,000 |  | Unchanged |
| HELIX ACQUISITION CORP III | USD CL A ORD SHS | $3.7m | <0.1% | 350,000 |  | Unchanged |
| [NOKIA CORP (NOK)](/companies/nok.md) | SPONSORED ADR | $3.7m | <0.1% | 280,000 |  | New +280,000 |
| [TERAWULF INC (WULF)](/companies/wulf.md) | COM | $3.7m | <0.1% | 150,000 |  | Reduced −381,000 |
| ROUNDHILL ETF TRUST | MEMORY ETF | $3.7m | <0.1% | 50,000 | Call | New +50,000 |
| M3-BRIGADE ACQUISITION VI CO | ORD SHS CL A | $3.7m | <0.1% | 363,069 |  | Unchanged |
| COHEN CIRCLE ACQUISIT CORP I | SHS CL A | $3.6m | <0.1% | 350,000 |  | Unchanged |
| [ENTEGRIS INC (ENTG)](/companies/entg.md) | COM | $3.6m | <0.1% | 20,000 |  | New +20,000 |
| CALISA ACQUISITION CORP | ORD SHS | $3.6m | <0.1% | 353,786 |  | Unchanged |
| SIRIUSPOINT LTD | COM | $3.6m | <0.1% | 149,128 |  | New +149,128 |
| CSLM DIGITA ASSET ACQ CORP I | USD CL A ORD SHS | $3.5m | <0.1% | 350,000 |  | Unchanged |
| [ARM HOLDINGS PLC (ARM)](/companies/arm.md) | SPONSORED ADS | $3.5m | <0.1% | 10,000 |  | Unchanged |
| LAFAYETTE ACQUISITION CORP | ORD SHS | $3.5m | <0.1% | 350,000 |  | Unchanged |
| SPACSPHERE ACQUISITION CORP | CL A SHS | $3.5m | <0.1% | 350,000 |  | New +350,000 |
| GIGCAPITAL9 CORP | CL A | $3.5m | <0.1% | 350,000 |  | Unchanged |
| PRAETORIAN ACQUISITION CORP | ORD SHS CL A | $3.5m | <0.1% | 350,000 |  | Unchanged |
| BLUE WTR ACQUISITION CORP IV | ORD SHS CL A | $3.5m | <0.1% | 350,000 |  | New +350,000 |
| [MICRON TECHNOLOGY INC (MU)](/companies/mu.md) | COM | $3.5m | <0.1% | 3,000 |  | New +3,000 |
| [APPLIED MATLS INC (AMAT)](/companies/amat.md) | COM | $3.5m | <0.1% | 4,777 |  | New +4,777 |
| APEX TREAS CORP | ORD SHS CL A | $3.4m | <0.1% | 342,422 |  | Unchanged |
| IREN LIMITED | ORDINARY SHARES | $3.4m | <0.1% | 75,000 |  | Unchanged |
| VINE HILL CAP INVTS CORP II | CL A | $3.4m | <0.1% | 342,825 |  | Unchanged |
| STELLAR V CAP CORP | SHS CL A | $3.4m | <0.1% | 322,958 |  | Unchanged |
| LEAPFROG ACQUISITION CORP | CL A ORD SHS | $3.4m | <0.1% | 336,813 |  | Unchanged |
| PROCAP ACQUISITION CORP | SHS CL A | $3.3m | <0.1% | 323,751 |  | Unchanged |
| ORIGIN INVT CORP I | ORD SHS | $3.2m | <0.1% | 313,800 |  | Unchanged |
| [EQT CORP (EQT)](/companies/eqt.md) | COM | $3.2m | <0.1% | 60,000 |  | Unchanged |
| CAL REDWOOD ACQUISITION CORP | COM CL A | $3.1m | <0.1% | 304,000 |  | Unchanged |
| CANTOR EQUITY PARTNERS VI IN | CL A ORD SHS | $3.1m | <0.1% | 300,000 |  | Unchanged |
| [COGENT BIOSCIENCES INC (COGT)](/companies/cogt.md) | COM | $3.1m | <0.1% | 80,000 |  | Unchanged |
| SOLARIUS CAPITAL ACQU CORP | SHS CL A | $3.1m | <0.1% | 300,000 |  | Unchanged |
| WILLOW LANE ACQUISITION CRP | USD CL A ORD SHS | $3.1m | <0.1% | 300,000 |  | New +300,000 |
| BERTO ACQUISITION CORP II | UNIT 03/06/2031 | $3.0m | <0.1% | 300,000 |  | New +300,000 |
| ARES ACQUISITION CORP III | UNIT 99/99/9999 | $3.0m | <0.1% | 300,000 |  | New +300,000 |
| HCM IV ACQUISITION CORP | ORD USD CL A | $3.0m | <0.1% | 300,000 |  | New +300,000 |
| TWELVE SEAS INVT CO III | ORD SHS CL A | $3.0m | <0.1% | 301,000 |  | Unchanged |
| LAUNCHPAD CADENZA ACQU CORP | USD CL A ORD SHS | $3.0m | <0.1% | 300,000 |  | Unchanged |
| COLLECTIVE ACQUISITION CORP | ORD SHS CL A | $3.0m | <0.1% | 300,000 |  | New +300,000 |
| TRAILBLAZER ACQUISITION CORP | ORD SHS CL A | $3.0m | <0.1% | 293,300 |  | Unchanged |
| [KEEL INFRASTRUCTURE CORP (KEEL)](/companies/keel.md) | COM SHS | $2.9m | <0.1% | 498,645 |  | New +498,645 |
| CHURCHILL CAP CORP XII | UNIT 04/02/2031 | $2.8m | <0.1% | 259,292 |  | New +259,292 |
| FERRARI N V | COM | $2.8m | <0.1% | 7,500 |  | New +7,500 |
| [GALAXY DIGITAL INC. (GLXY)](/companies/glxy.md) | CL A | $2.8m | <0.1% | 101,362 |  | New +101,362 |
| [EVERPURE INC (P)](/companies/p.md) | CL A | $2.8m | <0.1% | 35,000 |  | Added +10,000 |
| [OKTA INC (OKTA)](/companies/okta.md) | CL A | $2.7m | <0.1% | 20,000 |  | New +20,000 |
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | $2.7m | <0.1% | 10,000 |  | New +10,000 |
| TAILWIND 2.0 ACQUISITION COR | ORD SHS CL A | $2.7m | <0.1% | 268,100 |  | Unchanged |
| [ISHARES SILVER TR (SLV)](/companies/slv.md) | ISHARES | $2.7m | <0.1% | 50,000 | Call | New +50,000 |
| DIGITAL ASSET ACQUISITION CO | SHS CL A | $2.7m | <0.1% | 255,300 |  | Unchanged |
| BTC DEV CORP | ORD SHS CL A | $2.6m | <0.1% | 262,494 |  | Unchanged |
| [CO2 ENERGY TRANSITION CORP (NOEM)](/companies/noem.md) | COM | $2.6m | <0.1% | 252,019 |  | Unchanged |
| RICE ACQUISITION CORP 3 | ORD SHS CL A | $2.6m | <0.1% | 250,000 |  | Unchanged |
| JENA ACQUISITION CORP II | USD CL A ORD SHS | $2.6m | <0.1% | 251,916 |  | Unchanged |
| [SNOWFLAKE INC (SNOW)](/companies/snow.md) | COM SHS | $2.5m | <0.1% | 10,000 |  | New +10,000 |
| GSR IV ACQUISITION CORP | CL A SHS | $2.5m | <0.1% | 250,000 |  | Unchanged |
| [T-MOBILE US INC (TMUS)](/companies/tmus.md) | COM | $2.5m | <0.1% | 15,000 |  | New +15,000 |
| [HERTZ GLOBAL HLDGS INC (HTZ)](/companies/htz.md) | COM NEW | $2.5m | <0.1% | 1,106,956 |  | Added +550,000 |
| [THERMO FISHER SCIENTIFIC INC (TMO)](/companies/tmo.md) | COM | $2.5m | <0.1% | 5,000 |  | New +5,000 |
| D BORAL ACQUISITION I CORP | ORD SHS CL A | $2.5m | <0.1% | 250,000 |  | Unchanged |
| FOREFRONT TECHNOLOGY HOLDING | ORD SHS CL A | $2.5m | <0.1% | 250,000 |  | New +250,000 |
| DOORDASH INC | NOTE5/1 | $2.5m | <0.1% | $2,500,000 principal |  | New +2,500,000 |
| [IRON HORSE ACQUISIT II CORP (IRHO)](/companies/irho.md) | COM | $2.4m | <0.1% | 244,139 |  | Unchanged |
| ACTIVATE ENERGY ACQUISIT COR | CL A ORD SHS | $2.4m | <0.1% | 242,419 |  | Unchanged |
| CHENGHE ACQUISITION III CO | ORD SHS CL A | $2.4m | <0.1% | 236,300 |  | Unchanged |
| [IONQ INC (IONQ)](/companies/ionq.md) | COM | $2.4m | <0.1% | 45,000 | Put | New +45,000 |
| MCKINLEY ACQUISITION CORP | SHS CL A | $2.4m | <0.1% | 232,800 |  | Unchanged |
| DAEDALUS SPL ACQUISITION COR | USD CL A ORD SHS | $2.3m | <0.1% | 230,538 |  | Unchanged |
| ITHAX ACQUISITION CORP III | USD CL A ORD SHS | $2.3m | <0.1% | 231,465 |  | Unchanged |
| [CLEANSPARK INC (CLSK)](/companies/clsk.md) | COM NEW | $2.3m | <0.1% | 157,616 |  | New +157,616 |
| GENERAL PURP ACQUISITION COR | USD CL A ORD SHS | $2.3m | <0.1% | 227,723 |  | Unchanged |
| INFINITE EAGLE ACQUISITION C | CL A | $2.3m | <0.1% | 225,000 |  | Unchanged |
| FORTUNEX ACQUISITION CORP | UNIT 05/19/2031 | $2.3m | <0.1% | 225,000 |  | New +225,000 |
| INSIGHT DIGITAL PARTNERS II | CL A ORD | $2.2m | <0.1% | 223,070 |  | Unchanged |
| [APPLIED OPTOELECTRONICS INC (AAOI)](/companies/aaoi.md) | COM | $2.2m | <0.1% | 15,000 |  | New +15,000 |
| [SILICON LABORATORIES INC (SLAB)](/companies/slab.md) | COM | $2.2m | <0.1% | 10,059 |  | Reduced −165,000 |
| JACKSON ACQUISITION CO II | COM SHS CL A | $2.2m | <0.1% | 206,468 |  | Unchanged |
| NEWHOLD INVT CORP III | ORD SHS CL A | $2.2m | <0.1% | 198,304 |  | Reduced −93,696 |
| ROMAN DBDR ACQUISITION CORP | ORD SHS CL A | $2.1m | <0.1% | 200,000 |  | Unchanged |
| [TEXAS INSTRS INC (TXN)](/companies/txn.md) | COM | $2.1m | <0.1% | 7,000 |  | New +7,000 |
| LIGHTWAVE ACQUISITION CORP | USD CL A ORD SHS | $2.0m | <0.1% | 199,100 |  | Unchanged |
| [TIMKEN CO (TKR)](/companies/tkr.md) | COM | $2.0m | <0.1% | 14,000 |  | Unchanged |
| [NEW AMER ACQUISITION I CORP (NWAX)](/companies/nwax.md) | COM SHS CL A | $2.0m | <0.1% | 200,000 |  | Unchanged |
| SILVER PEGASUS ACQUISITION C | SHS CL A | $2.0m | <0.1% | 197,613 |  | Unchanged |
| CROWN RESV ACQUISITION CORP | ORD SHS CL A | $2.0m | <0.1% | 200,000 |  | Unchanged |
| GENERAL CATALYST GBL RESIL M | CL A | $2.0m | <0.1% | 200,000 |  | New +200,000 |
| OXLEY BRIDGE ACQ LTD | USD CL A ORD SHS | $2.0m | <0.1% | 194,599 |  | Unchanged |
| [PETROLEO BRASILEIRO S A (PBR)](/companies/pbr.md) | SPONSORED ADR | $1.9m | <0.1% | 120,000 |  | Added +60,000 |
| EQV VENTURES AC CORP. II | ORD SHS CL A | $1.9m | <0.1% | 187,616 |  | Unchanged |
| ROUNDHILL ETF TRUST | MEMORY ETF | $1.9m | <0.1% | 25,800 |  | New +25,800 |
| GLOBALFOUNDRIES INC | ORDINARY SHARES | $1.9m | <0.1% | 22,980 |  | New +22,980 |
| THAYER VENTURES ACQ CORP II | CL A | $1.9m | <0.1% | 182,437 |  | Unchanged |
| GESHER ACQUISITION CORP. II | USD CL A ORD SHS | $1.8m | <0.1% | 174,729 |  | Unchanged |
| KOCHAV DEFENSE ACQUI CO | SHS CL A | $1.8m | <0.1% | 175,122 |  | Unchanged |
| ARTIUS II ACQUISITION INC | SHS CL A | $1.8m | <0.1% | 172,874 |  | Unchanged |
| NEWBURY STR II ACQUISITION C | ORD SHS CL A | $1.8m | <0.1% | 167,796 |  | Unchanged |
| [BLOOM ENERGY CORP (BE)](/companies/be.md) | COM CL A | $1.8m | <0.1% | 5,400 | Call | New +5,400 |
| OYSTER ENTERPRISES II ACQUIS | ORD SHS CL A | $1.8m | <0.1% | 173,344 |  | Unchanged |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | CAP STK CL C | $1.8m | <0.1% | 5,000 |  | New +5,000 |
| [SOUTHERN COPPER CORP (SCCO)](/companies/scco.md) | COM | $1.8m | <0.1% | 10,100 |  | New +10,100 |
| FUTUREWAVE ACQUISITION CORP | UNIT 06/04/2031 | $1.8m | <0.1% | 175,000 |  | New +175,000 |
| BERTO ACQUISITION CORP | ORD SHS | $1.7m | <0.1% | 165,606 |  | Unchanged |
| DRUGS MADE IN AMER ACQUTN CO | ORD SHS | $1.7m | <0.1% | 162,795 |  | Unchanged |
| STARLINK AI ACQUISITION CORP | ORD SHS | $1.7m | <0.1% | 170,978 |  | New +170,978 |
| ISHARES TR | ISHS 1-5YR INVS | $1.7m | <0.1% | 32,114 |  | Reduced −1,222,340 |
| HALL CHADWICK ACQUISITION CO | ORD SHS CL A | $1.7m | <0.1% | 166,460 |  | Unchanged |
| GORES HLDGS X INC | SHS CL A | $1.7m | <0.1% | 159,265 |  | Unchanged |
| 1RT ACQUISITION CORP. | USD CL A ORD SHS | $1.7m | <0.1% | 161,200 |  | Unchanged |
| [QUANTUM CORP (QMCO)](/companies/qmco.md) | COM | $1.6m | <0.1% | 150,000 |  | Added +79,908 |
| INDIGO ACQUISITION CORP | ORD SHS | $1.6m | <0.1% | 158,059 |  | Unchanged |
| ALUSSA ENERGY ACQUISIT CORP | ORD SHS CL A | $1.6m | <0.1% | 160,904 |  | Unchanged |
| COLLECTIVE ACQUISITION CORP | SHS CL A | $1.6m | <0.1% | 154,162 |  | Unchanged |
| HIGHVIEW MERGER CORP | ORD SH CL A | $1.6m | <0.1% | 156,076 |  | Unchanged |
| PYROPHYTE ACQUISITION CORP. | CL A SHS | $1.5m | <0.1% | 151,757 |  | Unchanged |
| FUTURECREST ACQUISITION CORP | CL A ORD SHS | $1.5m | <0.1% | 150,000 |  | Unchanged |
| EQV VENTURES AC CORP. II | UNIT 06/30/2032 | $1.5m | <0.1% | 150,000 |  | Unchanged |
| SAFEGUARD ACQUISITION CORP | CL A ORD SHS | $1.5m | <0.1% | 150,000 |  | Unchanged |
| BLUEROCK ACQUISITION CORP | USD CL A ORD SHS | $1.5m | <0.1% | 150,000 |  | Unchanged |
| GALATA ACQUISITION CORP II | ORD SHS CL A | $1.4m | <0.1% | 141,207 |  | Unchanged |
| RITHM ACQUISITION CORP | CL A | $1.4m | <0.1% | 136,178 |  | Unchanged |
| [ECOPETROL S A (EC)](/companies/ec.md) | SPONSORED ADS | $1.4m | <0.1% | 100,000 |  | Unchanged |
| COPLEY ACQUISITION CORP | ORD SHS CL A | $1.4m | <0.1% | 135,811 |  | Unchanged |
| BLUEPORT ACQUISITION LTD | USD CL A ORD SHS | $1.4m | <0.1% | 135,098 |  | Unchanged |
| TGE VALUE CREATIVE SOLUTIONS | USD CL A ORD SHS | $1.3m | <0.1% | 134,076 |  | Unchanged |
| ALVOTECH | ORDINARY SHARES | $1.3m | <0.1% | 360,000 |  | New +360,000 |
| [RAMBUS INC DEL (RMBS)](/companies/rmbs.md) | COM | $1.3m | <0.1% | 10,000 |  | New +10,000 |
| BITCOIN INFRASTRUCTURE ACQUI | USD CL A ORD SHS | $1.3m | <0.1% | 131,846 |  | Unchanged |
| SIDDHI ACQUISITION CORP | CL A SHS | $1.3m | <0.1% | 125,998 |  | Unchanged |
| INVEST GREEN ACQUISITION COR | CL A ORD SHS | $1.3m | <0.1% | 131,000 |  | Unchanged |
| [SENSIENT TECHNOLOGIES CORP (SXT)](/companies/sxt.md) | COM | $1.2m | <0.1% | 10,000 |  | New +10,000 |
| [ULTRA CLEAN HLDGS INC (UCTT)](/companies/uctt.md) | COM | $1.2m | <0.1% | 8,548 |  | New +8,548 |
| STARRY SEA ACQUISITION CORP | SHS | $1.2m | <0.1% | 118,403 |  | Unchanged |
| KRAKACQUISITION CORPORATION | CL A ORD SHS | $1.2m | <0.1% | 119,121 |  | Unchanged |
| STONEBRIDGE ACQUISITION II C | CL A SHS | $1.2m | <0.1% | 117,096 |  | Unchanged |
| [TECK RESOURCES LTD (TECK)](/companies/teck.md) | CL B | $1.2m | <0.1% | 20,000 |  | Unchanged |
| MILUNA ACQUISITION CORP | USD CL A ORD SHS | $1.2m | <0.1% | 117,608 |  | Unchanged |
| NMP ACQUISITION CORP | CL A | $1.1m | <0.1% | 111,700 |  | Unchanged |
| AGRICULTURE & NAT SOL ACQ CO | SHS CL A | $1.1m | <0.1% | 100,000 |  | Unchanged |
| WESTIN ACQUISITION CORP | ORD SHS CL A | $1.1m | <0.1% | 113,100 |  | Unchanged |
| K&F GROWTH ACQUISITION CORP | SHS CL A | $1.1m | <0.1% | 107,873 |  | Unchanged |
| PIONEER ACQUISITION I CORP | CL A ORD SHS | $1.1m | <0.1% | 111,059 |  | Unchanged |
| [CONCENTRIX CORP (CNXC)](/companies/cnxc.md) | COM | $1.1m | <0.1% | 50,000 | Put | Unchanged |
| RANGE CAP ACQUISITION CORP I | CL A ORD SHS | $1.1m | <0.1% | 109,609 |  | Unchanged |
| FIGX CAP ACQUISITION CORP. | USD CL A ORD SHS | $1.1m | <0.1% | 107,945 |  | Unchanged |
| [QUANTUM CORP (QMCO)](/companies/qmco.md) | COM | $1.1m | <0.1% | 100,100 | Call | New +100,100 |
| [VISTA ENERGY S.A.B. DE C.V. (VIST)](/companies/vist.md) | SPONSORED ADS | $1.1m | <0.1% | 17,000 |  | Unchanged |
| CHARLTON ARIA ACQUISITION CO | ORD SHS CL A | $1.1m | <0.1% | 100,000 |  | Unchanged |
| LAUNCH TWO ACQUISITION CORP. | ORD SHS CL A | $1.1m | <0.1% | 100,000 |  | Unchanged |
| BOLD EAGLE ACQUISITION CORP | CL A | $1.1m | <0.1% | 99,164 |  | Added +5,375 |
| BAIN CAP GSS INVT CORP | ORD CL A | $1.1m | <0.1% | 102,723 |  | Unchanged |
| INNIO NV | ORDINARY SHARES | $1.0m | <0.1% | 26,514 |  | New +26,514 |
| SIZZLE ACQUISITION CORP. II | USD CL A ORD SHS | $1.0m | <0.1% | 101,170 |  | Unchanged |
| LAKESHORE ACQUISITION III CO | USD ORD SHS | $1.0m | <0.1% | 100,000 |  | Unchanged |
| TITAN ACQUISITION CORP | CL A | $1.0m | <0.1% | 100,000 |  | Unchanged |
| CANTOR EQUITY PARTNERS IV IN | SHS CL A | $1.0m | <0.1% | 100,000 |  | Unchanged |
| IHS HOLDING LIMITED | ORD SHS | $1.0m | <0.1% | 125,000 |  | Reduced −776,337 |
| VENDOME ACQUISITION CORP I | COM CL A | $1.0m | <0.1% | 100,000 |  | Unchanged |
| AA MISSION ACQUISITION CORP | ORD SHS CL A | $1.0m | <0.1% | 100,147 |  | Unchanged |
| EMMIS ACQUISITION CORP. | SHS CL A | $1.0m | <0.1% | 100,000 |  | Unchanged |
| ISHARES TR | IBOXX HI YD ETF | $988.7k | <0.1% | 12,363 |  | Reduced −75,855 |
| SPDR SERIES TRUST | ST BLOO HIGH ETF | $915.9k | <0.1% | 9,504 |  | Reduced −74,446 |
| LAKE SUPERIOR ACQUISITION CO | USD CL A ORD SHS | $900.3k | <0.1% | 88,790 |  | Unchanged |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | $899.6k | <0.1% | 10,885 |  | Reduced −690,859 |
| PERIMETER ACQUISITION CORP I | COM CL A | $864.8k | <0.1% | 82,991 |  | Unchanged |
| BLUE WTR ACQUISITION CORP. I | ORD SHS CL A | $807.9k | <0.1% | 78,209 |  | Unchanged |
| NORWEGIAN CRUISE LINE HLDGS | SHS | $692.4k | <0.1% | 32,800 |  | New +32,800 |
| [TREKOR METALS LTD (TGB)](/companies/tgb.md) | COM | $688.0k | <0.1% | 100,000 |  | New +100,000 |
| [TERRESTRIAL ENERGY INC (IMSR)](/companies/imsr.md) | COM SHS | $605.8k | <0.1% | 85,566 |  | Unchanged |
| ALDEL FINL II INC | CL A | $598.0k | <0.1% | 55,971 |  | Unchanged |
| HCM III ACQUISITION CORP | UNIT 07/23/2030 | $522.0k | <0.1% | 50,000 |  | Unchanged |
| INNOVIZ TECHNOLOGIES LTD | SHS | $378.0k | <0.1% | 496,550 |  | Reduced −3,450 |
| [MACERICH CO (MAC)](/companies/mac.md) | COM | $377.9k | <0.1% | 15,000 |  | New +15,000 |
| [PEABODY ENGR CORP (BTU)](/companies/btu.md) | COM | $352.6k | <0.1% | 15,250 |  | New +15,250 |
| FUTURECORP SPACE ACQUISITION | UNIT 99/99/9999 | $334.5k | <0.1% | 33,025 |  | New +33,025 |
| [AEVA TECHNOLOGIES INC (AEVA)](/companies/aeva.md) | COM NEW | $287.2k | <0.1% | 10,000 |  | Reduced −65,000 |
| M3-BRIGADE ACQUISITION VI CO | UNIT 08/18/2030 | $256.3k | <0.1% | 25,000 |  | Unchanged |
| [OKLO INC (OKLO)](/companies/oklo.md) | COM CL A | $240.7k | <0.1% | 4,600 |  | Unchanged |
| GIGCAPITAL9 CORP | RIGHT 12/01/2030 | $234.0k | <0.1% | 900,000 |  | Added +550,000 |
| OCEANHAWK ACQUISITION CORP | RIGHT 05/19/2031 | $221.0k | <0.1% | 850,000 |  | New +850,000 |
| KENSINGTON CAP ACQUISITION | \*W EXP 99/99/999 | $215.3k | <0.1% | 175,000 |  | New +175,000 |
| KEYSTONE ACQUISITION CORP | \*W EXP 05/28/203 | $198.0k | <0.1% | 450,000 |  | New +450,000 |
| COLUMBUS CIRCLE CAP CORP II | \*W EXP 02/11/203 | $198.0k | <0.1% | 149,998 |  | Unchanged |
| TH INTERNATIONAL LIMITED | SHS NEW | $191.0k | <0.1% | 100,000 |  | Unchanged |
| RENATUS TACTICAL ACQUIS | SHS CL A | $188.8k | <0.1% | 18,014 |  | New +18,014 |
| IRENIC ACQUISITION CORP | \*W EXP 04/10/203 | $183.3k | <0.1% | 333,332 |  | New +333,332 |
| SOREN ACQUISITION CORP | \*W EXP 12/19/203 | $177.6k | <0.1% | 616,665 |  | Unchanged |
| KYIVSTAR GROUP LTD | \*W EXP 08/14/203 | $162.3k | <0.1% | 25,000 |  | Unchanged |
| LAFAYETTE DIGITAL ACQUISITIO | \*W EXP 12/23/203 | $150.8k | <0.1% | 418,749 |  | Unchanged |
| ARCHIMEDES TECH SPAC PTNRS I | \*W EXP 01/23/203 | $150.0k | <0.1% | 200,000 |  | Unchanged |
| ILLUMINATION ACQUISITIO CORP | \*W EXP 12/23/203 | $146.7k | <0.1% | 299,998 |  | New +299,998 |
| MOUNTAIN LAKE ACQUISIT CORP | \*W EXP 99/99/999 | $135.1k | <0.1% | 500,000 |  | Unchanged |
| MUZERO ACQUISITION CORP | \*W EXP 01/30/203 | $124.0k | <0.1% | 400,000 |  | Unchanged |
| AI INFRASTRUCTURE ACQUISI | RIGHT 99/99/9999 | $123.6k | <0.1% | 588,764 |  | New +588,764 |
| SILICON VY ACQUISITION CORP | \*W EXP 12/08/203 | $120.2k | <0.1% | 146,565 |  | Unchanged |
| ALDABRA 4 LQDTY OPP VEH INC | \*W EXP 12/23/203 | $119.7k | <0.1% | 249,453 |  | Unchanged |
| UNITED ACQUISITION CORP I | \*W EXP 99/99/999 | $115.1k | <0.1% | 103,663 |  | Unchanged |
| M EVO GBL ACQUISITION CORP I | \*W EXP 02/18/203 | $111.3k | <0.1% | 300,000 |  | Unchanged |
| WHITE PEARL ACQUISITION CORP | RIGHT 09/10/2030 | $110.5k | <0.1% | 392,944 |  | Added +9,493 |
| AVERIN CAP ACQUISITION CORP | \*W EXP 12/31/203 | $107.4k | <0.1% | 166,666 |  | New +166,666 |
| ARMADA ACQUISITION CORP III | \*W EXP 02/13/203 | $107.3k | <0.1% | 325,000 |  | Unchanged |
| IRIS ACQUISITION CORP II | \*W EXP 08/15/203 | $106.3k | <0.1% | 425,000 |  | Unchanged |
| SPACE ASSET ACQUISITION CORP | \*W EXP 03/31/203 | $105.1k | <0.1% | 113,076 |  | Reduced −20,256 |
| SPRING VY ACQUISITION CORP I | \*W EXP 01/22/203 | $103.2k | <0.1% | 108,612 |  | Reduced −16,388 |
| K2 CAP ACQUISITION CORP | RIGHT 07/30/2027 | $99.5k | <0.1% | 452,226 |  | Added +75,000 |
| CAMBRIDGE ACQUISITION CORP | \*W EXP 01/30/203 | $95.0k | <0.1% | 316,665 |  | New +316,665 |
| KOCHAV DEFENSE ACQUI CO | RIGHT 05/21/2030 | $90.9k | <0.1% | 450,000 |  | New +450,000 |
| LEGATO MERGER CORP IV | \*W EXP 99/99/999 | $88.0k | <0.1% | 199,998 |  | Unchanged |
| HENNESSY CAP INVTS CORP VIII | RIGHT 02/02/2031 | $83.0k | <0.1% | 515,696 |  | New +515,696 |
| BLACK SPADE ACQUISITION III | \*W EXP 99/99/999 | $80.0k | <0.1% | 199,997 |  | New +199,997 |
| AMERICAN DRIVE ACQUISITION C | \*W EXP 02/06/203 | $76.0k | <0.1% | 133,331 |  | Unchanged |
| SIZZLE ACQUISITION CORP. II | RIGHT 04/02/2030 | $74.5k | <0.1% | 458,229 |  | New +458,229 |
| SOCIAL COMM PARTNERS CORP | \*W EXP 02/13/203 | $73.3k | <0.1% | 165,748 |  | Unchanged |
| SPARTACUS ACQUISITION CORP I | \*W EXP 01/30/203 | $72.0k | <0.1% | 133,332 |  | New +133,332 |
| FG IMPERII ACQUISITION CORP | \*W EXP 10/14/203 | $71.3k | <0.1% | 236,715 |  | Unchanged |
| SILVERBOX CORP V | \*W EXP 09/16/203 | $70.9k | <0.1% | 147,797 |  | Unchanged |
| ART TECHNOLOGY ACQUISITION C | \*W EXP 12/19/203 | $69.4k | <0.1% | 187,500 |  | Unchanged |
| FOREFRONT TECHNOLOGY HOLDING | \*W EXP 04/30/203 | $68.1k | <0.1% | 125,000 |  | New +125,000 |
| WILLOW LANE ACQUISITION CRP | \*W EXP 12/31/203 | $66.8k | <0.1% | 75,000 |  | New +75,000 |
| X3 ACQUISITION CORP LTD | \*W EXP 12/19/203 | $63.5k | <0.1% | 225,000 |  | Unchanged |
| NEW AMER ACQUISITION I CORP | \*W EXP 99/99/999 | $59.8k | <0.1% | 100,000 |  | Unchanged |
| BLUE WTR ACQUISITION CORP IV | \*W EXP 08/09/203 | $59.5k | <0.1% | 175,000 |  | New +175,000 |
| IDEA ACQUISITION CORP | \*W EXP 01/06/203 | $56.7k | <0.1% | 166,665 |  | New +166,665 |
| ONEIM ACQUISITION CORP | \*W EXP 01/07/203 | $56.7k | <0.1% | 66,666 |  | Unchanged |
| HARVARD AVE ACQUISITION CORP | RIGHT 99/99/9999 | $55.9k | <0.1% | 349,600 |  | New +349,600 |
| MESHFLOW ACQUISITION CORP | \*W EXP 11/20/203 | $55.0k | <0.1% | 183,331 |  | Unchanged |
| XSOLLA SPAC 1 | \*W EXP 01/12/203 | $54.0k | <0.1% | 225,000 |  | Unchanged |
| SPACSPHERE ACQUISITION CORP | RIGHT 02/06/2031 | $52.5k | <0.1% | 350,000 |  | New +350,000 |
| OYSTER ENTERPRISES II ACQUIS | RIGHT 05/22/2030 | $49.5k | <0.1% | 450,000 |  | New +450,000 |
| VINE HILL CAP INVTS CORP II | \*W EXP 11/25/203 | $49.0k | <0.1% | 104,260 |  | Unchanged |
| GENERAL CATALYST GBL RESIL M | \*W EXP 04/13/203 | $47.5k | <0.1% | 50,000 |  | New +50,000 |
| PRAETORIAN ACQUISITION CORP | \*W EXP 01/16/203 | $46.2k | <0.1% | 116,667 |  | Unchanged |
| EMMIS ACQUISITION CORP. | RIGHT 09/12/2030 | $45.0k | <0.1% | 300,000 |  | New +300,000 |
| DRUGS MADE IN AMER ACQ II CO | RIGHT 09/16/2030 | $44.0k | <0.1% | 550,000 |  | Added +250,000 |
| INFINITE EAGLE ACQUISITION C | RIGHT 01/13/2031 | $43.9k | <0.1% | 225,000 |  | Unchanged |
| KPET ULTRA PACELINE CORP | \*W EXP 03/01/203 | $42.0k | <0.1% | 66,666 |  | New +66,666 |
| COLLECTIVE ACQUISITION CORP | \*W EXP 04/27/203 | $41.3k | <0.1% | 150,000 |  | New +150,000 |
| HCM IV ACQUISITION CORP | \*W EXP 01/20/203 | $40.5k | <0.1% | 75,000 |  | New +75,000 |
| [IRON HORSE ACQUISIT II CORP (IRHO)](/companies/irho.md) | RIGHT 07/11/2030 | $39.3k | <0.1% | 244,139 |  | Unchanged |
| STARLINK AI ACQUISITION CORP | RIGHT 04/30/2027 | $37.6k | <0.1% | 170,978 |  | New +170,978 |
| LAUNCHPAD CADENZA ACQU CORP | \*W EXP 12/15/203 | $35.0k | <0.1% | 99,997 |  | Unchanged |
| TGE VALUE CREATIVE SOLUTIONS | \*W EXP 09/16/203 | $26.1k | <0.1% | 67,037 |  | Unchanged |
| GENERAL PURP ACQUISITION COR | \*W EXP 12/03/203 | $26.0k | <0.1% | 100,000 |  | Unchanged |
| ACTIVATE ENERGY ACQUISIT COR | \*W EXP 11/10/203 | $23.7k | <0.1% | 75,000 |  | Unchanged |
| BLUEROCK ACQUISITION CORP | \*W EXP 12/12/203 | $22.5k | <0.1% | 49,997 |  | Unchanged |
| TAILWIND 2.0 ACQUISITION COR | RIGHT 11/07/2030 | $17.9k | <0.1% | 143,200 |  | New +143,200 |
| SPACSPHERE ACQUISITION CORP | \*W EXP 02/06/203 | $16.6k | <0.1% | 175,000 |  | New +175,000 |
| BITCOIN INFRASTRUCTURE ACQUI | \*W EXP 11/06/203 | $15.8k | <0.1% | 50,000 |  | Unchanged |
| DAEDALUS SPL ACQUISITION COR | \*W EXP 11/24/203 | $15.0k | <0.1% | 25,000 |  | Unchanged |
| ITHAX ACQUISITION CORP III | \*W EXP 11/17/203 | $14.5k | <0.1% | 50,122 |  | Unchanged |
| KRAKACQUISITION CORPORATION | \*W EXP 12/23/203 | $13.9k | <0.1% | 29,779 |  | Unchanged |
| TRAILBLAZER ACQUISITION CORP | \*W EXP 09/30/203 | $13.3k | <0.1% | 33,332 |  | Unchanged |
| FUTURECREST ACQUISITION CORP | \*W EXP 09/30/203 | $9.9k | <0.1% | 12,500 |  | Unchanged |
| CHARLTON ARIA ACQUISITION CO | RIGHT 12/31/2026 | $8.9k | <0.1% | 110,113 |  | New +110,113 |
| [AVALANCHE TREAS CORP (AVAT)](/companies/avat.md) | SHS CL A | $6.1k | <0.1% | 12,113 |  | New +12,113 |
| KARBON CAP PARTNERS CORP | \*W EXP 12/11/203 | $5.4k | <0.1% | 9,925 |  | Unchanged |
| COLOMBIER ACQUISITION CORP I | \*W EXP 12/31/203 | $1.5k | <0.1% | 1,875 |  | New +1,875 |
| GIGCAPITAL8 CORP | RIGHT 09/30/2030 | $156 | <0.1% | 600 |  | New +600 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [AGNC INVT CORP (AGNC)](/companies/agnc.md) | COM | $0 | 0.0% | 0 |  | Sold out −100,000 |
| AKAMAI TECHNOLOGIES INC | NOTE 1.125% 2/1 | $0 | 0.0% | $0 principal |  | Sold out −93,526,000 |
| ALIBABA GROUP HLDG LTD | NOTE 0.500% 6/0 | $0 | 0.0% | $0 principal |  | Sold out −2,801,000 |
| [ALIBABA GROUP HLDG LTD (BABA)](/companies/baba.md) | SPONSORED ADS | $0 | 0.0% | 0 |  | Sold out −31,186 |
| [ANNALY CAPITAL MANAGEMENT IN (NLY)](/companies/nly.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −130,000 |
| AVERIN CAP ACQUISITION CORP | UNIT 01/30/2031 | $0 | 0.0% | 0 |  | Sold out −1,000,000 |
| [AXON ENTERPRISE INC (AXON)](/companies/axon.md) | COM | $0 | 0.0% | 0 |  | Sold out −5,000 |
| BLACK SPADE ACQUISITION III | UNIT 99/99/9999 | $0 | 0.0% | 0 |  | Sold out −600,000 |
| BLEICHROEDER ACQUISITI CORP | \*W EXP 12/23/203 | $0 | 0.0% | 0 |  | Sold out −116,664 |
| [BLUE OWL CAPITAL CORPORATION (OBDC)](/companies/obdc.md) | COM | $0 | 0.0% | 0 |  | Sold out −886,000 |
| BLUE WTR ACQUISITION CORP IV | UNIT 99/99/9999 | $0 | 0.0% | 0 |  | Sold out −350,000 |
| CAMBRIDGE ACQUISITION CORP | UNIT 01/30/2031 | $0 | 0.0% | 0 |  | Sold out −950,000 |
| CENTURION ACQUISITION CORP | SHS CL A | $0 | 0.0% | 0 |  | Sold out −101,507 |
| [CF INDUSTRIES HOLD (CF)](/companies/cf.md) | COM | $0 | 0.0% | 0 | Call | Sold out −44,100 |
| CHURCHILL CAP CORP XI | CL A ORD SHS | $0 | 0.0% | 0 |  | Sold out −200,000 |
| CHURCHILL CAP CORP XI | \*W EXP 12/10/203 | $0 | 0.0% | 0 |  | Sold out −20,000 |
| [CIENA CORP (CIEN)](/companies/cien.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −4,000 |
| [CIPHER DIGITAL INC (CIFR)](/companies/cifr.md) | COM | $0 | 0.0% | 0 | Call | Sold out −400,000 |
| COINBASE GLOBAL INC | NOTE 0.500% 6/0 | $0 | 0.0% | $0 principal |  | Sold out −22,524,000 |
| COLOMBIER ACQUISITION CORP I | UNIT 99/99/9999 | $0 | 0.0% | 0 |  | Sold out −500,000 |
| [CORE SCIENTIFIC INC NEW (CORZ)](/companies/corz.md) | COM | $0 | 0.0% | 0 |  | Sold out −220,000 |
| [CORE SCIENTIFIC INC NEW (CORZ)](/companies/corz.md) | COM | $0 | 0.0% | 0 | Call | Sold out −403,000 |
| [CORNING INC (GLW)](/companies/glw.md) | COM | $0 | 0.0% | 0 |  | Sold out −15,000 |
| [ETSY INC (ETSY)](/companies/etsy.md) | COM | $0 | 0.0% | 0 |  | Sold out −13,650 |
| [FREEPORT MCMORAN INC (FCX)](/companies/fcx.md) | CL B | $0 | 0.0% | 0 |  | Sold out −25,000 |
| [GLOBALSTAR INC (GSAT)](/companies/gsat.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −60,000 |
| GLOBAL X FDS | LITHIUM BTRY ETF | $0 | 0.0% | 0 |  | Sold out −31,000 |
| GP-ACT III ACQUISITION CORP | CL A | $0 | 0.0% | 0 |  | Sold out −200,000 |
| GRAF GLOBAL CORP | ORD SHS CL A | $0 | 0.0% | 0 |  | Sold out −600,000 |
| HCM IV ACQUISITION CORP | UNIT 01/20/2031 | $0 | 0.0% | 0 |  | Sold out −300,000 |
| [HUT 8 CORP (HUT)](/companies/hut.md) | COM | $0 | 0.0% | 0 | Call | Sold out −100,000 |
| H WORLD GROUP LTD | NOTE 3.000% 5/0 | $0 | 0.0% | $0 principal |  | Sold out −20,000,000 |
| IDEA ACQUISITION CORP | UNIT 01/06/2031 | $0 | 0.0% | 0 |  | Sold out −500,000 |
| ILLUMINATION ACQUISITIO CORP | UNIT 12/23/2031 | $0 | 0.0% | 0 |  | Sold out −900,000 |
| [INVESCO DB COMMDY INDX TRCK (DBC)](/companies/dbc.md) | UNIT | $0 | 0.0% | 0 | Call | Sold out −300,000 |
| INVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | $0 | 0.0% | 0 | Call | Sold out −770,000 |
| IREN LIMITED | ORDINARY SHARES | $0 | 0.0% | 0 | Call | Sold out −150,000 |
| [ISHARES BITCOIN TRUST ETF (IBIT)](/companies/ibit.md) | SHS BEN INT | $0 | 0.0% | 0 | Put | Sold out −750,000 |
| ISHARES INC | MSCI CHILE ETF | $0 | 0.0% | 0 | Call | Sold out −1,275,000 |
| ISHARES INC | MSCI STH KOR ETF | $0 | 0.0% | 0 |  | Sold out −20,000 |
| ISHARES INC | MSCI CHILE ETF | $0 | 0.0% | 0 |  | Sold out −70,500 |
| ISHARES INC | MSCI JAPAN ETF | $0 | 0.0% | 0 | Call | Sold out −200,000 |
| ISHARES TR | 20 YR TR BD ETF | $0 | 0.0% | 0 | Put | Sold out −2,000,000 |
| ISHARES TR | MSCI UK ETF NEW | $0 | 0.0% | 0 | Call | Sold out −900,000 |
| ISHARES TR | EXPANDED TECH | $0 | 0.0% | 0 | Call | Sold out −200,000 |
| ISHARES TR | IBOXX INV CP ETF | $0 | 0.0% | 0 | Call | Sold out −419,100 |
| ISHARES TR | MSCI EMG MKT ETF | $0 | 0.0% | 0 | Put | Sold out −1,500,000 |
| ISHARES TR | MSCI EMG MKT ETF | $0 | 0.0% | 0 | Call | Sold out −600,000 |
| JD.COM INC | NOTE 0.250% 6/0 | $0 | 0.0% | $0 principal |  | Sold out −3,931,000 |
| KENSINGTON CAP ACQUIST CORP | UNIT 99/99/9999 | $0 | 0.0% | 0 |  | Sold out −700,000 |
| [KKR & CO INC (KKR)](/companies/kkr.md) | COM | $0 | 0.0% | 0 | Call | Sold out −83,300 |
| KPET ULTRA PACELINE CORP | UNIT 99/99/9999 | $0 | 0.0% | 0 |  | Sold out −400,000 |
| LI AUTO INC | NOTE 0.250% 5/0 | $0 | 0.0% | $0 principal |  | Sold out −250,500,000 |
| [LUMENTUM HLDGS INC (LITE)](/companies/lite.md) | COM | $0 | 0.0% | 0 |  | Sold out −3,000 |
| [MARA HOLDINGS INC (MARA)](/companies/mara.md) | COM | $0 | 0.0% | 0 |  | Sold out −230,000 |
| METALS ACQUISITION CORP II | UNIT 99/99/9999 | $0 | 0.0% | 0 |  | Sold out −400,000 |
| MICROCHIP TECHNOLOGY INC. | NOTE 0.750% 6/0 | $0 | 0.0% | $0 principal |  | Sold out −14,937,000 |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $0 | 0.0% | 0 | Call | Sold out −50,000 |
| [NVIDIA CORPORATION (NVDA)](/companies/nvda.md) | COM | $0 | 0.0% | 0 | Call | Sold out −100,000 |
| [OUSTER INC (OUST)](/companies/oust.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −75,000 |
| [OUSTER INC (OUST)](/companies/oust.md) | COM NEW | $0 | 0.0% | 0 | Call | Sold out −10,000 |
| QORVO INC | COM | $0 | 0.0% | 0 |  | Sold out −90,046 |
| RANGE CAP ACQUISITION CORP | ORD SHS | $0 | 0.0% | 0 |  | Sold out −174,774 |
| REAL ASSET ACQUISITION CORP | SHS CL A | $0 | 0.0% | 0 |  | Sold out −243,252 |
| [RIOT PLATFORMS INC (RIOT)](/companies/riot.md) | COM | $0 | 0.0% | 0 | Call | Sold out −200,000 |
| [ROCKET COS INC (RKT)](/companies/rkt.md) | COM CL A | $0 | 0.0% | 0 | Call | Sold out −250,000 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | $0 | 0.0% | 0 | Call | Sold out −100,000 |
| SIM ACQUISITION CORP. I | SHS CL A | $0 | 0.0% | 0 |  | Sold out −100,000 |
| SPACSPHERE ACQUISITION CORP | UNIT 02/06/2031 | $0 | 0.0% | 0 |  | Sold out −350,000 |
| SPARTACUS ACQUISITION CORP I | UNIT 01/30/2031 | $0 | 0.0% | 0 |  | Sold out −400,000 |
| SPDR SERIES TRUST | STATE STREET SPD | $0 | 0.0% | 0 | Put | Sold out −100,000 |
| SPDR SERIES TRUST | STATE STREET SPD | $0 | 0.0% | 0 |  | Sold out −2,345,000 |
| [SYNOPSYS INC (SNPS)](/companies/snps.md) | COM | $0 | 0.0% | 0 |  | Sold out −7,500 |
| TASEKO MINES LTD | COM | $0 | 0.0% | 0 |  | Sold out −100,000 |
| TAVIA ACQUISITION CORP | SHS | $0 | 0.0% | 0 |  | Sold out −100,000 |
| TOTALENERGIES SE | ACT | $0 | 0.0% | 0 | Call | Sold out −300,000 |
| [USA TODAY CO INC (TDAY)](/companies/tday.md) | COM | $0 | 0.0% | 0 |  | Sold out −195,799 |
| [VOYAGER TECHNOLOGIES INC (VOYG)](/companies/voyg.md) | COM CL A | $0 | 0.0% | 0 |  | Sold out −43,000 |
| WILLOW LANE ACQUISITION CRP | UNIT 01/27/2031 | $0 | 0.0% | 0 |  | Sold out −300,000 |

Source: SEC EDGAR, Form 13F-HR, accession 0000905148-26-003745. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.