Cowen Investment Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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
5 01 ACQUISITION CORP	COM CL A	33836P105	698	70,000	SH		DFND		70,000	0	0
890 5TH AVE PARTNERS INC	UNIT 01/12/2026	28250A204	1,539	150,000	SH		DFND		150,000	0	0
ACCELERATE ACQUISITION CORP	UNIT 99/99/9999	00439D201	1,009	100,000	SH		DFND		100,000	0	0
ACKRELL SPAC PARTNERS I CO	UNIT 12/01/2026	00461L204	767	75,000	SH		DFND		75,000	0	0
ADARA ACQUISITION CORP	UNIT 99/99/9999	00653H201	504	50,000	SH		DFND		50,000	0	0
ADIT EDTECH ACQUISITION CORP	COMMON STOCK	007024102	485	50,000	SH		DFND		50,000	0	0
ADIT EDTECH ACQUISITION CORP	UNIT 99/99/9999	007024201	2,252	225,000	SH		DFND		225,000	0	0
AEQUI ACQUISITION CORP	UNIT 11/30/2027	00775W201	3,497	350,000	SH		DFND		350,000	0	0
AF ACQUISITION CORP	UNIT 03/23/2028	001040203	994	100,000	SH		DFND		100,000	0	0
AFRICAN GOLD ACQUISITION COR	UNIT 99/99/9999	G0112R116	506	50,000	SH		DFND		50,000	0	0
ALEXION PHARMACEUTICALS INC	COM	015351109	3,674	20,000	SH		DFND		20,000	0	0
ALLIED ESPORTS ENTMT INC	COM	019170109	178	77,498	SH		DFND		77,498	0	0
ANZU SPECIAL ACQUISITIN CORP	UNIT 01/27/2026	03737A200	500	50,000	SH		DFND		50,000	0	0
APOLLO STRATEGIC GROWTH CAPT	SHS CL A	G0411R106	734	75,000	SH		DFND		75,000	0	0
APOLLO STRATEGIC GRWT CPTL I	*W EXP 02/12/202	G0412A128	126	100,000	SH		DFND		100,000	0	0
APOLLO STRATEGIC GRWT CPTL I	UNIT 99/99/9999	G0412A110	500	50,000	SH		DFND		50,000	0	0
ARCHIMEDES TECH SPAC PARTNR	UNIT 03/10/2026	039562202	497	50,000	SH		DFND		50,000	0	0
ARCTOS NORTHSTAR ACQUIS CORP	UNIT 99/99/9999	G0477L118	500	50,000	SH		DFND		50,000	0	0
ARES ACQUISITION CORPORATION	UNIT 99/99/9999	G33032114	1,000	100,000	SH		DFND		100,000	0	0
ARIES I ACQUISITION CORP	UNIT 03/18/2026	G0542N115	502	50,000	SH		DFND		50,000	0	0
ASTRAZENECA PLC	SPONSORED ADR	046353108	44,949	750,400	SH		DFND		750,400	0	0
ATHLON ACQUISITION CORP	UNIT 01/12/2026	04748A205	2,508	250,000	SH		DFND		250,000	0	0
ATLANTIC AVE ACQUISITION COR	*W EXP 10/06/202	04906P119	262	297,915	SH		DFND		297,915	0	0
ATLANTIC COASTAL ACQUISTN CO	UNIT 03/02/2026	048453203	249	25,000	SH		DFND		25,000	0	0
AURORA ACQUISITION CORP	UNIT 03/02/2026	G0698L111	261	25,000	SH		DFND		25,000	0	0
AUSTERLITZ ACQUISITION CORP	UNIT 99/99/9999	G0633U119	1,007	100,000	SH		DFND		100,000	0	0
AUTHENTIC EQUITY ACQUISTN CO	UNIT 10/31/2027	G06607116	506	50,000	SH		DFND		50,000	0	0
BIG CYPRESS ACQUISITION CORP	UNIT 07/25/2027	089115208	1,041	100,000	SH		DFND		100,000	0	0
BIG SKY GROWTH PARTNERS INC	UNIT 04/01/2026	08954L201	999	100,000	SH		DFND		100,000	0	0
BIOTECH ACQUISITION COMPANY	UNIT 11/30/2027	G1125A124	1,260	125,000	SH		DFND		125,000	0	0
BITE ACQUISITION CORP	UNIT 99/99/9999	09175K204	1,496	150,000	SH		DFND		150,000	0	0
BLUE SAFARI GRP ACQUISITN CO	UNIT 06/10/2026	G1195R122	499	50,000	SH		DFND		50,000	0	0
BLUERIVER ACQUISITION CORP	UNIT 01/04/2026	G1261Q123	1,001	100,000	SH		DFND		100,000	0	0
BOA ACQUISITION CORP	UNIT 99/99/9999	05601A208	991	100,000	SH		DFND		100,000	0	0
BROADSCALE ACQUISITION CORP	UNIT 02/02/2026	11134Y200	1,000	100,000	SH		DFND		100,000	0	0
BRP INC	COM SUN VTG	05577W200	1,565	20,000	SH		DFND		20,000	0	0
BULL HORN HLDGS CORP	SHS	G1686P106	494	50,000	SH		DFND		50,000	0	0
BURGUNDY TECHNOLOGY ACQU COR	CL A	G1702T116	493	50,000	SH		DFND		50,000	0	0
CARNEY TECHNOLOGY ACQU CORP	UNIT 12/10/2025	143636207	850	85,000	SH		DFND		85,000	0	0
CBRE ACQUISITION HLDGS INC	UNIT 99/99/9999	12510J205	996	100,000	SH		DFND		100,000	0	0
CC NEUBERGER PRIN HLDGS II	SHS CL A	G3166T103	989	100,000	SH		DFND		100,000	0	0
CC NEUBERGER PRINCIPAL HOLDN	UNIT 99/99/9999	G1992N118	999	100,000	SH		DFND		100,000	0	0
CF ACQUISITION CORP IV	UNIT 12/31/2027	12520T201	402	40,000	SH		DFND		40,000	0	0
CHURCHILL CAPITAL CORP VII	UNIT 99/99/9999	17144M201	1,001	100,000	SH		DFND		100,000	0	0
CLIMATE REAL IMPACT SLUTINS	COM CL A	187171103	494	50,000	SH		DFND		50,000	0	0
CONCORD ACQUISITION CORP	UNIT 12/28/2025	206071201	361	35,000	SH		DFND		35,000	0	0
CONX CORP	UNIT 10/30/2027	212873202	254	25,000	SH		DFND		25,000	0	0
CROWN PROPTECH ACQUISITIONS	UNIT 99/99/9999	G25741128	993	100,000	SH		DFND		100,000	0	0
CRUCIBLE ACQUISITION CORP	COM CL A	22877P108	485	50,000	SH		DFND		50,000	0	0
D8 HOLDINGS CORP	SHS CL A	G2614K110	598	60,000	SH		DFND		60,000	0	0
DELWINDS INS ACQUISITION COR	UNIT 99/99/9999	24803C201	1,520	150,000	SH		DFND		150,000	0	0
DFP HEALTHCARE ACQUISITNS CO	UNIT 03/31/2025	23343Q209	208	20,000	SH		DFND		20,000	0	0
DIAMONDHEAD HOLDINGS CORP	UNIT 01/21/2026	25278L204	400	40,000	SH		DFND		40,000	0	0
DMY TECHNOLOGY GROUP INC IV	UNIT 99/99/9999	23344K201	752	75,000	SH		DFND		75,000	0	0
DPCM CAP INC	COM CL A	23344P101	988	100,000	SH		DFND		100,000	0	0
DUDDELL STREET ACQUISITN COR	CL A	G28553108	485	50,000	SH		DFND		50,000	0	0
DUNE ACQUISITION CORP	COM CL A	265334102	1,956	200,000	SH		DFND		200,000	0	0
ECP ENVIRONMENTAL GW OPT COR	UNIT 03/01/2026	26829T209	1,014	100,000	SH		DFND		100,000	0	0
EDOC ACQUISITION CORP	*W EXP 11/30/202	G4000A110	23	65,000	SH		DFND		65,000	0	0
EDOC ACQUISITION CORP	CL A	G4000A102	1,005	100,000	SH		DFND		100,000	0	0
EDTECHX HOLDINGS ACQU CORP I	UNIT 08/31/2027	28139A201	1,020	100,000	SH		DFND		100,000	0	0
ENVIRONMENTAL IMPACT ACQU CO	COM CL A	29408N106	2,453	250,000	SH		DFND		250,000	0	0
EPIPHANY TECHNOLOGY ACQUISIT	UNIT 99/99/9999	29429X208	755	75,000	SH		DFND		75,000	0	0
EQUITY DISTR ACQUISITION COR	COM CL A	29465E106	1,479	150,000	SH		DFND		150,000	0	0
EUCRATES BIOMEDICAL ACQU COR	SHS	G3141W106	492	50,000	SH		DFND		50,000	0	0
EUROPEAN SUSTAINABLE GROWTH	CL A SHS	G3194F109	243	25,000	SH		DFND		25,000	0	0
EUROPEAN SUSTAINABLE GROWTH	UNIT 01/18/2024	G3194F125	1,013	100,000	SH		DFND		100,000	0	0
EVO ACQUISITION CORP	COM CL A	30052G108	2,425	250,000	SH		DFND		250,000	0	0
EXECUTIVE NETWORK PARTNERING	*W EXP 09/25/202	30158L118	31	31,250	SH		DFND		31,250	0	0
EXECUTIVE NETWORK PARTNERING	CL A	30158L100	1,218	125,000	SH		DFND		125,000	0	0
FAR PEAK ACQUISITION CORP	SHS CL A	G3312L103	1,741	175,000	SH		DFND		175,000	0	0
FLAME ACQUISITION CORP	UNIT 99/99/9999	33850F207	1,523	150,000	SH		DFND		150,000	0	0
FORESIGHT ACQUISITION CORP	*W EXP 01/29/202	34552Y114	139	100,000	SH		DFND		100,000	0	0
FORTISTAR SUSTAINABLE SOL CO	UNIT 01/14/2026	34962M205	1,539	150,000	SH		DFND		150,000	0	0
FORTRESS CAPITAL ACQUISITION	UNIT 99/99/9999	G36427113	1,002	100,000	SH		DFND		100,000	0	0
FORTRESS VALUE ACQUISI CORP	UNIT 03/31/2028	34964K207	1,000	100,000	SH		DFND		100,000	0	0
FOXWAYNE ENTERPRIS AQSTN COR	UNIT 01/12/2026	35166L208	470	45,000	SH		DFND		45,000	0	0
FRAZIER LIFESCIENCES ACQU CO	UNIT 12/09/2025	G3710A121	402	40,000	SH		DFND		40,000	0	0
FTAC HERA ACQUISITION CORP	UNIT 02/28/2026	G3728Y129	251	25,000	SH		DFND		25,000	0	0
FUSION ACQUISITION CORP II	UNIT 02/29/2028	36118N201	1,499	150,000	SH		DFND		150,000	0	0
G SQUARED ASCEND I INC	UNIT 99/99/9999	G4204R125	854	85,000	SH		DFND		85,000	0	0
GALILEO ACQUISITION CORP	SHS	G3770A102	2,500	250,000	SH		DFND		250,000	0	0
GIGCAPITAL4 INC	UNIT 99/99/9999	37518G200	1,022	100,000	SH		DFND		100,000	0	0
GLOBAL CONSUMER ACQUISITN CO	UNIT 05/21/2026	37892B207	400	40,000	SH		DFND		40,000	0	0
GLOBAL PARTNER ACQISTN CORP	UNIT 01/06/2026	G3934P110	990	100,000	SH		DFND		100,000	0	0
GLOBAL SYNERGY ACQUISIT CORP	UNIT 01/01/2024	G3934J114	2,022	200,000	SH		DFND		200,000	0	0
GO ACQUISITION CORP	COM	362019101	978	100,000	SH		DFND		100,000	0	0
GO ACQUISITION CORP	UNIT 08/31/2027	362019200	406	40,000	SH		DFND		40,000	0	0
GOLDEN FALCON ACQUISITION CO	CL A	38102H109	972	100,000	SH		DFND		100,000	0	0
GOLDEN FALCON ACQUISITION CO	UNIT 99/99/9999	38102H208	204	20,000	SH		DFND		20,000	0	0
GORES GUGGENHEIM INC	UNIT 03/25/2028	38286Q206	1,002	100,000	SH		DFND		100,000	0	0
GORES HOLDINGS VII INC	UNIT 02/12/2028	38286T200	754	75,000	SH		DFND		75,000	0	0
H I G ACQUISITION CORP	UNIT 99/99/9999	G44898115	301	30,000	SH		DFND		30,000	0	0
HEALTHCARE SERVICES ACQU COR	UNIT 11/18/2023	42227K203	754	75,000	SH		DFND		75,000	0	0
HIGHLAND TRANSCEND PARTNERS	UNIT 99/99/9999	G44690116	200	20,000	SH		DFND		20,000	0	0
HPX CORP	SHS CL A	G32219100	985	100,000	SH		DFND		100,000	0	0
HUDSON EXECUTIVE INVES III	UNIT 02/22/2026	44376L206	749	75,000	SH		DFND		75,000	0	0
HUDSON EXECUTIVE INVS CORP I	UNIT 01/31/2027	443760202	996	100,000	SH		DFND		100,000	0	0
INDEPENDENCE HOLDINGS CORP	UNIT 03/02/2026	G4761A119	999	100,000	SH		DFND		100,000	0	0
INTERPRIVATE II ACQUISITION	UNIT 99/99/9999	46064Q207	997	100,000	SH		DFND		100,000	0	0
INTERPRIVATE III FINANCIAL P	UNIT 99/99/9999	46064R205	998	100,000	SH		DFND		100,000	0	0
INTERPRIVATE IV INFRATECH PR	UNIT 03/05/2026	46064T201	995	100,000	SH		DFND		100,000	0	0
IRONSOURCE LTD	CL A ORD SHS	M5R75Y101	121	11,500	SH		DFND		11,500	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	27	50,000	SH	Put	DFND		50,000	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	449	85,000	SH	Put	DFND		85,000	0	0
ISLEWORTH HEALTHCARE ACQU CO	COM	46468P102	980	100,000	SH		DFND		100,000	0	0
JACK CREEK INVESTMENT CORP	UNIT 10/01/2023	G4989X107	1,508	150,000	SH		DFND		150,000	0	0
JAWS MUSTANG ACQUISITION COR	SHS CL A	G50737108	976	100,000	SH		DFND		100,000	0	0
JIYA ACQUISITION CORP	COM CL A	47760M102	596	60,000	SH		DFND		60,000	0	0
KAIROS ACQUISITION CORP	UNIT 99/99/9999	G52110122	752	75,000	SH		DFND		75,000	0	0
KINS TECHNOLOGY GROUP INC	UNIT 10/14/2025	49714K208	358	35,000	SH		DFND		35,000	0	0
KKR ACQUISITION HOLDING I CO	UNIT 99/99/9999	48253T208	1,004	100,000	SH		DFND		100,000	0	0
KL ACQUISITION CORP	UNIT 99/99/9999	49837C208	750	75,000	SH		DFND		75,000	0	0
LAZARD GROWTH ACQUISITION CO	SHS	G54035103	978	100,000	SH		DFND		100,000	0	0
LAZARD GROWTH ACQUISITION CO	UNIT 99/99/9999	G54035129	998	100,000	SH		DFND		100,000	0	0
LEO HLDGS CORP II	COM CL A	G5463R102	972	100,000	SH		DFND		100,000	0	0
LEO HLDGS CORP II	UNIT 99/99/9999	G5463R110	1,494	150,000	SH		DFND		150,000	0	0
LIBERTY BROADBAND CORP	COM SER A	530307107	4,010	23,846	SH		DFND		23,846	0	0
LIBERTY MEDIA CORP DEL	COM C SIRIUSXM	531229607	1,856	40,000	SH		DFND		40,000	0	0
LIGHTJUMP ACQUISITION CORP	UNIT 01/06/2026	53228M205	1,011	100,000	SH		DFND		100,000	0	0
LLOYDS BANKING GROUP PLC	SPONSORED ADR	539439109	12,648	4,960,083	SH		DFND		4,960,083	0	0
LMF ACQUISITION OPPORTUNIT I	UNIT 99/99/9999	502015209	1,034	100,000	SH		DFND		100,000	0	0
LONGVIEW ACQUISITION CORP II	UNIT 99/99/9999	54319Q204	1,512	150,000	SH		DFND		150,000	0	0
MAGNUM OPUS ACQUISITION LTD	UNIT 06/03/2026	G5S70A120	500	50,000	SH		DFND		50,000	0	0
MALLARD ACQUISITION CORP	UNIT 06/30/2027	561204207	773	75,000	SH		DFND		75,000	0	0
MARLIN TECHNOLOGY CORP	UNIT 99/99/9999	G58411128	252	25,000	SH		DFND		25,000	0	0
MASON INDUSTRIAL TECHNOLGY I	UNIT 99/99/9999	57520Y205	1,007	100,000	SH		DFND		100,000	0	0
MCAP ACQUISITION CORP	UNIT 02/18/2030	55282T208	998	100,000	SH		DFND		100,000	0	0
MDH ACQUISITION CORP	UNIT 99/99/9999	55283P205	1,002	100,000	SH		DFND		100,000	0	0
MEDICUS SCIENCES ACQUISITION	CL A SHS	G5960S108	724	75,000	SH		DFND		75,000	0	0
MONTES ARCHIMEDES ACQUISITIO	COM CL A	612657106	495	50,000	SH		DFND		50,000	0	0
MONUMENT CIRCLE ACQUISITN CO	UNIT 01/14/2026	61531M200	502	50,000	SH		DFND		50,000	0	0
NIGHTDRAGON ACQUISITION CORP	UNIT 02/26/20266	65413D204	755	75,000	SH		DFND		75,000	0	0
NOBLE ROCK ACQUISITION CORP	UNIT 01/31/2028	G6546R127	2,500	250,000	SH		DFND		250,000	0	0
NORTHERN LIGHTS ACQUISITN CO	UNIT 11/01/2027	66538L204	1,013	100,000	SH		DFND		100,000	0	0
OMEGA ALPHA SPAC	CL A	G6749V107	746	75,000	SH		DFND		75,000	0	0
ONE EQUITY PARTNERS OPEN WTR	UNIT 01/14/2026	68237L204	1,000	100,000	SH		DFND		100,000	0	0
OTR ACQUISITION CORP	UNIT 10/01/2025	67113Q204	783	75,000	SH		DFND		75,000	0	0
OYSTER ENTERPRISES ACQ CORP	UNIT 01/20/2026	69242M203	998	100,000	SH		DFND		100,000	0	0
PANACEA ACQUISITION CORP II	CL A SHS	G6882C106	501	50,000	SH		DFND		50,000	0	0
PERSHING SQUARE TONTINE HLDG	COM CL A	71531R109	2,845	125,000	SH		DFND		125,000	0	0
PERSHING SQUARE TONTINE HLDG	COM CL A	71531R109	724	125,000	SH	Put	DFND		125,000	0	0
PINE TECHNOLOGY ACQUISITN CO	UNIT 03/31/2028	722850203	497	50,000	SH		DFND		50,000	0	0
PMV CONSUMER ACQUISITION COR	COM	693486102	731	75,000	SH		DFND		75,000	0	0
POEMA GLOBAL HOLDINGS CORP	UNIT 99/99/9999	G7154B123	1,004	100,000	SH		DFND		100,000	0	0
PONTEM CORPORATION	UNIT 99/99/9999	G71707114	1,001	100,000	SH		DFND		100,000	0	0
POPULATION HEALTH INVS CO IN	UNIT 99/99/9999	G71716123	305	30,000	SH		DFND		30,000	0	0
POWER & DIGITAL INFRA ACQ CO	UNIT 99/99/9999	739190205	253	25,000	SH		DFND		25,000	0	0
POWERED BRANDS	UNIT 99/99/9999	G7209M124	1,001	100,000	SH		DFND		100,000	0	0
PRIME IMPACT ACQUISITION I	UNIT 10/01/2030	G61074111	452	45,000	SH		DFND		45,000	0	0
PRIVETERRA ACQUISITION CORP	UNIT 99/99/9999	74275N201	747	75,000	SH		DFND		75,000	0	0
PROGRESS ACQUISITION CORP	UNIT 12/25/2025	74327P204	1,003	100,000	SH		DFND		100,000	0	0
PROPERTY SOLUTIONS ACQUISITI	UNIT 03/01/2026	74350A207	248	25,000	SH		DFND		25,000	0	0
PROTERRA INC	*W EXP 09/22/202	74374T117	65,545	3,427,607	SH		DFND		3,427,607	0	0
QUEENS GAMBIT GROWTH CAPITAL	CL A SHS	G7315C101	243	25,000	SH		DFND		25,000	0	0
QUEENS GAMBIT GROWTH CAPITAL	UNIT 01/19/2026	G7315C127	501	50,000	SH		DFND		50,000	0	0
RECHARGE ACQUISITION CORP	COM CL A	756229100	1,225	125,000	SH		DFND		125,000	0	0
REDBALL ACQUISITION CORP	COM CL A	G7417R105	1,954	200,000	SH		DFND		200,000	0	0
RENREN INC	SPONSORED ADS	759892300	205	17,110	SH		DFND		17,110	0	0
RMG ACQUISITION CORP III	UNIT 02/08/2026	G76088114	250	25,000	SH		DFND		25,000	0	0
RXR ACQUISITION CORP	UNIT 01/01/2025	74981W206	249	25,000	SH		DFND		25,000	0	0
SCIENCE STRATEGIC ACQ ALPHA	UNIT 01/20/2026	808641203	993	100,000	SH		DFND		100,000	0	0
SCION TECH GROWTH I	UNIT 12/17/2025	G31067120	505	50,000	SH		DFND		50,000	0	0
SCP & CO HEALTHCARE ACQUSTN	UNIT 10/27/2025	784065203	1,762	175,000	SH		DFND		175,000	0	0
SENIOR CONNECT ACQUISITN COR	UNIT 12/09/2023	81723H207	304	30,000	SH		DFND		30,000	0	0
SHELTER ACQUISITION CORP I	UNIT 02/25/2026	822821203	999	100,000	SH		DFND		100,000	0	0
SILVER CREST ACQUISITION COR	UNIT 12/15/2025	G81355110	3,665	365,000	SH		DFND		365,000	0	0
SIRIUS XM HOLDINGS INC	COM	82968B103	21	105,700	SH	Call	DFND		105,700	0	0
SIRIUS XM HOLDINGS INC	COM	82968B103	8	10,600	SH	Put	DFND		10,600	0	0
SIRIUSPOINT LTD	COM	G8192H106	681	67,613	SH		DFND		67,613	0	0
SLAM CORP	UNIT 99/99/9999	G8210L113	2,994	300,000	SH		DFND		300,000	0	0
SOARING EAGLE ACQUISITION CO	CL A SHS	G8354H126	747	75,000	SH		DFND		75,000	0	0
SPARTAN ACQUISITION CORP III	UNIT 99/99/9999	84677R205	1,006	100,000	SH		DFND		100,000	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	408	70,000	SH	Put	DFND		70,000	0	0
SPDR SER TR	S&P BIOTECH	78464A870	858	175,000	SH	Put	DFND		175,000	0	0
SPORTS ENTERTAINMENT ACQU CO	COM CL A	84918M106	756	75,000	SH		DFND		75,000	0	0
SPORTSTEK ACQUISITION CORP	UNIT 02/16/2028	849196209	1,001	100,000	SH		DFND		100,000	0	0
SPRING VY ACQUISITION CORP	CL A	G8377A108	501	50,000	SH		DFND		50,000	0	0
SPROTT PHYSICAL GOLD & SILVE	TR UNIT	85208R101	864	46,257	SH		DFND		46,257	0	0
STARBOARD VALUE ACQUISITN CO	COM CL A	85521J109	948	94,794	SH		DFND		94,794	0	0
STEEL CONNECT INC	COM	858098106	248	124,000	SH		DFND		124,000	0	0
SUMITOMO MITSUI FINL GROUP I	SPONSORED ADR	86562M209	71,385	10,360,600	SH		DFND		10,360,600	0	0
SUPERNOVA PARTN ACQ CO III L	UNIT 99/99/9999	G8T90F110	499	50,000	SH		DFND		50,000	0	0
SUSTAINABLE DEVELP ACQU I CO	UNIT 02/04/2026	86934L202	1,018	100,000	SH		DFND		100,000	0	0
SVF INVESTMENT CORP 2	CL A SHS	G8601M100	995	100,000	SH		DFND		100,000	0	0
SVF INVESTMENT CORP 3	CL A SHS	G8601N108	994	100,000	SH		DFND		100,000	0	0
TCW SPECIAL PURPOSE ACQU COR	UNIT 99/99/9999	87301L205	997	100,000	SH		DFND		100,000	0	0
THIMBLE POINT ACQUISITION CO	UNIT 99/99/9999	88408P206	2,070	200,000	SH		DFND		200,000	0	0
THUNDER BRIDGE CAP PRTNRS II	UNIT 02/15/2028	88605T209	1,998	200,000	SH		DFND		200,000	0	0
TISHMAN SPEYER INNOVATION CO	UNIT 02/11/2026	88825H209	504	50,000	SH		DFND		50,000	0	0
TUATARA CAPITAL ACQUISITN CO	UNIT 99/99/9999	G9118J127	1,526	150,000	SH		DFND		150,000	0	0
TWELVE SEAS INVESTMENT CO II	UNIT 99/99/9999	90118T205	498	50,000	SH		DFND		50,000	0	0
TWIN RIDGE CAPITAL ACQUIS CO	SHS CL A	G9151L104	965	100,000	SH		DFND		100,000	0	0
TWIN RIDGE CAPITAL ACQUIS CO	UNIT 99/99/9999	G9151L112	3,497	350,000	SH		DFND		350,000	0	0
TZP STRATEGIES ACQUISTN CORP	UNIT 01/06/2026	G91595127	994	100,000	SH		DFND		100,000	0	0
UNILEVER PLC	SPON ADR NEW	904767704	544	9,296	SH		DFND		9,296	0	0
VECTOIQ ACQUISITION CORP II	UNIT 99/99/9999	92244F208	2,054	200,000	SH		DFND		200,000	0	0
VENTOUX CCM ACQUISITION CORP	COM	92280L101	2,234	225,000	SH		DFND		225,000	0	0
VICKERS VANTAGE CORP I	UNIT 09/15/2027	G9440B123	2,036	200,000	SH		DFND		200,000	0	0
VIRGIN GROUP ACQUISIT CORP I	UNIT 99/99/9999	G9460K110	1,002	100,000	SH		DFND		100,000	0	0
WARBURG PINCUS CAPTAL CORP I	SHS CL A	G9460M108	341	35,000	SH		DFND		35,000	0	0
WARBURG PINCUS CAPTAL CORP I	UNIT 99/99/9999	G9461D123	508	50,000	SH		DFND		50,000	0	0
WARBURG PINCUS CAPTAL CORP I	UNIT 99/99/9999	G9460M116	504	50,000	SH		DFND		50,000	0	0
WARRIOR TECHNOLOGIES ACQUI C	UNIT 03/31/2028	936273200	503	50,000	SH		DFND		50,000	0	0
YATRA ONLINE INC	ORD SHS	G98338109	103	45,484	SH		DFND		45,484	0	0