COLUMN 1 | COLUMN 2 | COLUMN 3 | COLUMN 4 | COLUMN 5 | COLUMN 6 | COLUMN 7 | COLUMN 8 |
| | | VALUE | SHRS OR | SH/ | PUT/ | INVESTMENT | OTHER | VOTING AUTHORITY |
NAME OF ISSUER | TITLE OF CLASS | CUSIP | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
AETHERIUM ACQUISITION CORP | UNIT 12/21/2026 | 00809J200 | 307 | 30,000 | SH | | DFND | | 30,000 | 0 | 0 |
APX ACQUISITION CORP I | UNIT 12/07/2026 | G0440J117 | 431 | 40,000 | SH | | DFND | | 40,000 | 0 | 0 |
ATHENA TECHNOLOGY ACQ CORP I | *W EXP 10/17/202 | 04687C113 | 0 | 10,000 | SH | | DFND | | 10,000 | 0 | 0 |
ATHENA TECHNOLOGY ACQ CORP I | CL A COM | 04687C105 | 201 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
AVAYA HLDGS CORP | NOTE 2.250% 6/1 | 05351XAB7 | 979 | 23,030,000 | PRN | | DFND | | 23,030,000 | 0 | 0 |
BATTERY FUTURE ACQUISITION C | UNIT 99/99/9999 | G0888J116 | 205 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
BLACKROCK CAP ALLOCATION TR | COM | 09260U109 | 351 | 25,277 | SH | | DFND | | 25,277 | 0 | 0 |
BLACKROCK ESG CAP ALLC TR | SHS BEN INT | 09262F100 | 463 | 34,442 | SH | | DFND | | 34,442 | 0 | 0 |
BLACKROCK MUNI INCOME TR II | COM | 09249N101 | 540 | 52,301 | SH | | DFND | | 52,301 | 0 | 0 |
BLACKROCK MUNIYIELD FD INC | COM | 09253W104 | 673 | 64,688 | SH | | DFND | | 64,688 | 0 | 0 |
BLUE OWL CAPITAL INC | COM CL A | 09581B103 | 326 | 30,800 | SH | | DFND | | 30,800 | 0 | 0 |
BYNORDIC ACQUISITION CORP | UNIT 07/01/2027 | 124420209 | 205 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
CARTESIAN GROWTH CORP | CL A SHS | G19276107 | 175 | 16,000 | SH | | DFND | | 16,000 | 0 | 0 |
CHURCHILL CAPITAL CORP VII | COM CL A | 17144M102 | 199 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 | 107 | 102,000 | SH | | DFND | | 102,000 | 0 | 0 |
CONSTELLATION ACQUISITN CORP | UNIT 99/99/9999 | G2R18K121 | 101 | 10,000 | SH | | DFND | | 10,000 | 0 | 0 |
CREDIT SUISSE GROUP | SPONSORED ADR | 225401108 | 10 | 201,000 | SH | Put | DFND | | 201,000 | 0 | 0 |
DYNEX CAP INC | COM | 26817Q886 | 127 | 10,000 | SH | | DFND | | 10,000 | 0 | 0 |
EATON VANCE CALIF MUN BD FD | COM | 27828A100 | 503 | 58,242 | SH | | DFND | | 58,242 | 0 | 0 |
EATON VANCE NEW YORK MUN BD | COM | 27827Y109 | 589 | 65,376 | SH | | DFND | | 65,376 | 0 | 0 |
EDTECHX HOLDINGS ACQU CORP I | *W EXP 06/15/202 | 28139A110 | 0 | 10,000 | SH | | DFND | | 10,000 | 0 | 0 |
EVE MOBILITY ACQUISITION COR | UNIT 99/99/9999 | G3218G125 | 308 | 30,000 | SH | | DFND | | 30,000 | 0 | 0 |
EVERGREEN CORPORATION | UNIT 02/08/2027 | G3312W125 | 301 | 28,220 | SH | | DFND | | 28,220 | 0 | 0 |
EVO ACQUISITION CORP | *W EXP 01/04/202 | 30052G116 | 1 | 14,450 | SH | | DFND | | 14,450 | 0 | 0 |
FIRST RESERVE SUSTAINABLE GW | CLASS A COM | 336169107 | 201 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
FRONTIER INVESTMENT CORP | UNIT 06/29/2026 | G36816117 | 118 | 11,789 | SH | | DFND | | 11,789 | 0 | 0 |
FTAC EMERALD ACQUISITION COR | UNIT 10/19/2028 | 29103K209 | 201 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
FUTURETECH II ACQUISITION CO | UNIT 12/23/2022 | 36119D202 | 132 | 12,900 | SH | | DFND | | 12,900 | 0 | 0 |
GARDINER HEALTHCARE ACQTS CO | *W EXP 07/30/202 | 365506112 | 4 | 30,000 | SH | | DFND | | 30,000 | 0 | 0 |
GARDINER HEALTHCARE ACQTS CO | COMMON STOCK | 365506104 | 308 | 30,000 | SH | | DFND | | 30,000 | 0 | 0 |
GIGCAPITAL 5 INC | *W EXP 03/28/202 | 37519U117 | 1 | 15,530 | SH | | DFND | | 15,530 | 0 | 0 |
GOAL ACQUISITIONS CORP | *W EXP 02/11/202 | 38021H115 | 2 | 50,000 | SH | | DFND | | 50,000 | 0 | 0 |
GOLDEN ARROW MERGER CORP | *W EXP 07/31/202 | 380799114 | 0 | 19,150 | SH | | DFND | | 19,150 | 0 | 0 |
GOLDEN ARROW MERGER CORP | CLASS A COM | 380799106 | 701 | 70,000 | SH | | DFND | | 70,000 | 0 | 0 |
GORES HOLDINGS IX INC | UNIT 01/14/2029 | 38287A200 | 199 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
GX ACQUISITION CORP II | UNIT 03/17/2026 | 36260F204 | 152 | 14,900 | SH | | DFND | | 14,900 | 0 | 0 |
HEALTHCARE AI ACQUISITION CO | UNIT 12/07/2026 | G4373K125 | 205 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
HERTZ GLOBAL HLDGS INC | COM NEW | 42806J700 | 7,388 | 480,065 | SH | | DFND | | 480,065 | 0 | 0 |
INDUSTRIAL TECH ACQSTNS II I | UNIT 03/31/2028 | 45635R207 | 205 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
ISHARES TR | IBOXX HI YD ETF | 464288513 | 28 | 600,000 | SH | Call | DFND | | 600,000 | 0 | 0 |
ISHARES TR | IBOXX HI YD ETF | 464288513 | 7 | 200,000 | SH | Put | DFND | | 200,000 | 0 | 0 |
ISHARES TR | PFD AND INCM SEC | 464288687 | 3 | 50,500 | SH | Put | DFND | | 50,500 | 0 | 0 |
JACKSON ACQUISITION CO | UNIT 99/99/9999 | 46653C205 | 254 | 25,000 | SH | | DFND | | 25,000 | 0 | 0 |
KHOSLA VENTURES ACQUISITION | CL A | 482504107 | 398 | 39,900 | SH | | DFND | | 39,900 | 0 | 0 |
KHOSLA VENTURES ACQUT CO III | COM CL A | 482506102 | 100 | 10,000 | SH | | DFND | | 10,000 | 0 | 0 |
M3 BRIGADE ACQUISITION II CO | COM CL A | 553800103 | 339 | 33,790 | SH | | DFND | | 33,790 | 0 | 0 |
MARATHON DIGITAL HOLDINGS IN | COM | 565788106 | 1,046 | 775,000 | SH | Put | DFND | | 775,000 | 0 | 0 |
MARLIN TECHNOLOGY CORP | UNIT 99/99/9999 | G58411128 | 178 | 17,650 | SH | | DFND | | 17,650 | 0 | 0 |
MASON INDUSTRIAL TECHNOLGY I | COM CL A | 57520Y106 | 186 | 18,589 | SH | | DFND | | 18,589 | 0 | 0 |
MFS HIGH YIELD MUN TR | SH BEN INT | 59318E102 | 579 | 185,095 | SH | | DFND | | 185,095 | 0 | 0 |
MFS INVT GRADE MUN TR | SH BEN INT | 59318B108 | 391 | 54,932 | SH | | DFND | | 54,932 | 0 | 0 |
MOTIVE CAPITAL CORP II | UNIT 99/99/9999 | G6293R122 | 511 | 50,000 | SH | | DFND | | 50,000 | 0 | 0 |
NEWBURY STREET ACQUISITN COR | *W EXP 04/30/202 | 65101L112 | 1 | 12,413 | SH | | DFND | | 12,413 | 0 | 0 |
NEWBURY STREET ACQUISITN COR | COM | 65101L104 | 274 | 27,403 | SH | | DFND | | 27,403 | 0 | 0 |
NEXPOINT DIVERSIFIED REL ET | COM NEW | 65340G205 | 1,012 | 90,311 | SH | | DFND | | 90,311 | 0 | 0 |
NORDSTROM INC | COM | 655664100 | 3 | 200,000 | SH | Put | DFND | | 200,000 | 0 | 0 |
NUVEEN AMT-FREE MUN VALUE FD | COM | 670695105 | 363 | 26,690 | SH | | DFND | | 26,690 | 0 | 0 |
NUVEEN MUN VALUE FD INC | COM | 670928100 | 734 | 85,325 | SH | | DFND | | 85,325 | 0 | 0 |
NUVEEN N Y MUN VALUE FD | COM | 67062M105 | 379 | 45,858 | SH | | DFND | | 45,858 | 0 | 0 |
NUVEEN NEW YORK AMT QLT MUNI | COM | 670656107 | 647 | 63,017 | SH | | DFND | | 63,017 | 0 | 0 |
OFS CAP CORP | COM | 67103B100 | 406 | 39,787 | SH | | DFND | | 39,787 | 0 | 0 |
OXUS ACQUISITION CORP | *W EXP 99/99/999 | G6859L121 | 1 | 23,300 | SH | | DFND | | 23,300 | 0 | 0 |
PERELLA WEINBERG PARTNERS | CLASS A COM | 71367G102 | 98 | 10,000 | SH | | DFND | | 10,000 | 0 | 0 |
PGIM SHORT DUR HIG YLD OPP F | COM | 69355J104 | 471 | 32,071 | SH | | DFND | | 32,071 | 0 | 0 |
PIMCO GLOBAL STOCKSPLS INCM | COM | 722011103 | 136 | 19,644 | SH | | DFND | | 19,644 | 0 | 0 |
PIMCO NEW YORK MUN INCOME FD | COM | 72201E105 | 164 | 24,040 | SH | | DFND | | 24,040 | 0 | 0 |
PIONEER MUN HIGH INCOME OPPO | COMMON STOCK | 723760104 | 885 | 83,134 | SH | | DFND | | 83,134 | 0 | 0 |
POWER REIT | COM | 73933H101 | 61 | 15,423 | SH | | DFND | | 15,423 | 0 | 0 |
REVELSTONE CAPITAL ACQSTN CO | UNIT 12/17/2026 | 76137R205 | 203 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 | 4 | 200,000 | SH | Put | DFND | | 200,000 | 0 | 0 |
SEVEN HILLS REALTY TRUST | COM | 81784E101 | 1,935 | 212,846 | SH | | DFND | | 212,846 | 0 | 0 |
SHAPEWAYS HOLDINGS INC | *W EXP 09/29/202 | 81947T110 | 0 | 11,950 | SH | | DFND | | 11,950 | 0 | 0 |
SOUTHPORT ACQUISITION CORP | UNIT 99/99/9999 | 84465L204 | 203 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
SPDR GOLD TR | GOLD SHS | 78463V107 | 0 | 20,000 | SH | Call | DFND | | 20,000 | 0 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 6 | 50,000 | SH | Put | DFND | | 50,000 | 0 | 0 |
SPREE ACQUISITION CORP 1 LTD | UNIT 99/99/9999 | G83745110 | 204 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
ST ENERGY TRANSITION I LTD | UNIT 99/99/9999 | G8465L123 | 198 | 19,300 | SH | | DFND | | 19,300 | 0 | 0 |
SWIFTMERGE ACQUISITION CORP | UNIT 12/13/2026 | G63836129 | 303 | 30,000 | SH | | DFND | | 30,000 | 0 | 0 |
TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | 3 | 60,000 | SH | Put | DFND | | 60,000 | 0 | 0 |
TARGET GLOBAL ACQUISI I CORP | UNIT 99/99/9999 | G8675N117 | 205 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
TERAWULF INC | COM | 88080T104 | 233 | 349,718 | SH | | DFND | | 349,718 | 0 | 0 |
TOLL BROTHERS INC | COM | 889478103 | 10 | 50,000 | SH | Put | DFND | | 50,000 | 0 | 0 |
TRAJECTORY ALPHA ACQUISITION | UNIT 99/99/9999 | 89301B203 | 201 | 20,000 | SH | | DFND | | 20,000 | 0 | 0 |
VISCOGLIOSI BROS ACQUISTN CO | UNIT 03/18/2027 | 92838K209 | 201 | 19,900 | SH | | DFND | | 19,900 | 0 | 0 |
VISTRA CORP | COM | 92840M102 | 603 | 26,000 | SH | | DFND | | 26,000 | 0 | 0 |
WAYFAIR INC | CL A | 94419L101 | 12 | 51,300 | SH | Put | DFND | | 51,300 | 0 | 0 |
WEJO GROUP LIMITED | *W EXP 11/18/202 | G9525W117 | 1 | 26,566 | SH | | DFND | | 26,566 | 0 | 0 |
WESTERN ACQSTN VENTURES CORP | *W EXP 09/01/202 | 95758L115 | 2 | 30,000 | SH | | DFND | | 30,000 | 0 | 0 |
WESTERN ACQSTN VENTURES CORP | COM | 95758L107 | 347 | 30,000 | SH | | DFND | | 30,000 | 0 | 0 |
WESTERN ASSET INTER MUNI FD | COM | 958435109 | 274 | 36,068 | SH | | DFND | | 36,068 | 0 | 0 |
WESTERN ASSET MANAGED MUNS F | COM | 95766M105 | 1,178 | 117,003 | SH | | DFND | | 117,003 | 0 | 0 |
WESTERN ASST INFLTN LKD INM | COM SH BEN INT | 95766Q106 | 225 | 26,169 | SH | | DFND | | 26,169 | 0 | 0 |
WESTERN AST INFL LKD OPP & I | COM | 95766R104 | 1,111 | 121,719 | SH | | DFND | | 121,719 | 0 | 0 |