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	690	70,000	SH		DFND		70,000	0	0
8I ACQUISITION 2 CORP	ORDINARY SHARES	G2956R103	984	100,000	SH		DFND		100,000	0	0
ABG ACQUISITION CORP I	CL A SHS	G00496102	2,207	225,000	SH		DFND		225,000	0	0
ACCELERATE ACQUISITION CORP	UNIT 99/99/9999	00439D201	986	100,000	SH		DFND		100,000	0	0
ADARA ACQUISITION CORP	UNIT 99/99/9999	00653H201	502	50,000	SH		DFND		50,000	0	0
ADIT EDTECH ACQUISITION CORP	UNIT 99/99/9999	007024201	1,012	100,000	SH		DFND		100,000	0	0
AEQUI ACQUISITION CORP	UNIT 11/30/2027	00775W201	3,455	350,000	SH		DFND		350,000	0	0
AF ACQUISITION CORP	UNIT 03/23/2028	001040203	985	100,000	SH		DFND		100,000	0	0
AFRICAN GOLD ACQUISITION COR	UNIT 99/99/9999	G0112R116	500	50,000	SH		DFND		50,000	0	0
AGRICO ACQUISITION CORP	CLASS A ORD SHS	G41089106	1,011	100,000	SH		DFND		100,000	0	0
ALSET CAPITAL ACQUISITION CO	UNIT 01/31/2027	02115M208	504	50,000	SH		DFND		50,000	0	0
ALTIMETER GROWTH CORP 2	COM CL A	G0371B109	982	100,000	SH		DFND		100,000	0	0
AMCI ACQUISITION CORP II	UNIT 03/24/2026	00166R209	1,578	150,000	SH		DFND		150,000	0	0
ANTHEMIS DIGITAL ACQUISITION	UNIT 10/18/2026	G03959122	505	50,000	SH		DFND		50,000	0	0
ANZU SPECIAL ACQUISITIN CORP	UNIT 01/27/2026	03737A200	492	50,000	SH		DFND		50,000	0	0
AP ACQUISITION CORP	UNIT 99/99/9999	G04058122	1,008	100,000	SH		DFND		100,000	0	0
APOLLO STRATEGIC GRWT CPTL I	UNIT 99/99/9999	G0412A110	495	50,000	SH		DFND		50,000	0	0
ARCLIGHT CLEAN TRANSITION II	CLASS A ORD SHS	G0R21B104	496	50,000	SH		DFND		50,000	0	0
ARCTOS NORTHSTAR ACQUIS CORP	SHS CL A	G0477L100	734	75,000	SH		DFND		75,000	0	0
ARCTOS NORTHSTAR ACQUIS CORP	UNIT 99/99/9999	G0477L118	495	50,000	SH		DFND		50,000	0	0
ARES ACQUISITION CORPORATION	COM CL A	G33032106	981	100,000	SH		DFND		100,000	0	0
ARES ACQUISITION CORPORATION	UNIT 99/99/9999	G33032114	495	50,000	SH		DFND		50,000	0	0
ARGUS CAPITAL CORP	CLASS A COM	04026L105	499	50,000	SH		DFND		50,000	0	0
ARGUS CAPITAL CORP	UNIT 08/31/2028	04026L204	1,017	100,000	SH		DFND		100,000	0	0
ATHLON ACQUISITION CORP	UNIT 01/12/2026	04748A205	2,499	250,000	SH		DFND		250,000	0	0
AURORA ACQUISITION CORP	CLASS A ORD SHS	G0698L103	493	50,000	SH		DFND		50,000	0	0
AURORA TECHNOLOGY ACQUISITIO	UNIT 01/27/2027	G06984101	505	50,000	SH		DFND		50,000	0	0
AUTHENTIC EQUITY ACQUISTN CO	UNIT 10/31/2027	G06607116	496	50,000	SH		DFND		50,000	0	0
BANCO SANTANDER MEXICO SA	SPONSORED ADS B	05969B103	1,064	203,060	SH		DFND		203,060	0	0
BANNIX ACQUISITION CORP	COM	066644105	1,978	200,000	SH		DFND		200,000	0	0
BETTER WORLD ACQUISITION COR	COM	08772B104	1,028	100,000	SH		DFND		100,000	0	0
BIG SKY GROWTH PARTNERS INC	UNIT 04/01/2026	08954L201	981	100,000	SH		DFND		100,000	0	0
BILANDER ACQUISITION CORP	UNIT 05/19/2026	09001T205	1,978	200,000	SH		DFND		200,000	0	0
BITE ACQUISITION CORP	UNIT 99/99/9999	09175K204	1,493	150,000	SH		DFND		150,000	0	0
BLEUACACIA LTD	UNIT 10/30/2026	G11728121	4,000	400,000	SH		DFND		400,000	0	0
BLOCKCHAIN MOON ACQUISITN CO	UNIT 10/14/2026	09370F208	412	40,000	SH		DFND		40,000	0	0
BLUE OCEAN ACQUISITION CORP	UNIT 12/02/2026	G1330L113	991	100,000	SH		DFND		100,000	0	0
BLUERIVER ACQUISITION CORP	UNIT 01/04/2026	G1261Q123	989	100,000	SH		DFND		100,000	0	0
BLUESCAPE OPPORTUNITIES ACQU	SHS	G1195N105	986	100,000	SH		DFND		100,000	0	0
BOA ACQUISITION CORP	UNIT 99/99/9999	05601A208	997	100,000	SH		DFND		100,000	0	0
BREEZE HOLDINGS ACQUISITN CO	COM	106762107	412	40,000	SH		DFND		40,000	0	0
BULL HORN HLDGS CORP	SHS	G1686P106	505	50,000	SH		DFND		50,000	0	0
BYTE ACQUISITION CORP	CLASS A ORD SHS	G1R25Q105	1,221	125,000	SH		DFND		125,000	0	0
CANNA GLOBAL ACQUISITION COR	CLASS A COM	13767K101	998	100,000	SH		DFND		100,000	0	0
CARNEY TECHNOLOGY ACQU CORP	UNIT 12/10/2025	143636207	846	85,000	SH		DFND		85,000	0	0
CARTICA ACQUISITION CORP	UNIT 04/30/2028	G1995D125	1,010	100,000	SH		DFND		100,000	0	0
CC NEUBERGER PRINCIPAL HOLDN	UNIT 99/99/9999	G1992N118	2,712	272,041	SH		DFND		272,041	0	0
CF ACQUISITION CORP IV	UNIT 12/31/2027	12520T201	396	40,000	SH		DFND		40,000	0	0
CHURCHILL CAPITAL CORP V	COM CL A	17144T107	1,966	200,000	SH		DFND		200,000	0	0
CHURCHILL CAPITAL CORP VI	COM CL A	17143W101	1,964	200,000	SH		DFND		200,000	0	0
CHURCHILL CAPITAL CORP VI	UNIT 99/99/9999	17143W200	3,473	350,000	SH		DFND		350,000	0	0
CHURCHILL CAPITAL CORP VII	COM CL A	17144M102	1,958	200,000	SH		DFND		200,000	0	0
CHURCHILL CAPITAL CORP VII	UNIT 99/99/9999	17144M201	990	100,000	SH		DFND		100,000	0	0
CIIG CAPITAL PARTNERS II INC	COM CL A	12561U109	992	100,000	SH		DFND		100,000	0	0
CLIMATE REAL IMPACT SLUTINS	COM CL A	187171103	490	50,000	SH		DFND		50,000	0	0
COLISEUM ACQUISITION CORP	UNIT 04/02/2028	G2263T115	2,454	250,000	SH		DFND		250,000	0	0
COLOMBIER ACQUISITION CORP	UNIT 99/99/9999	19533H207	2,440	250,000	SH		DFND		250,000	0	0
COMPASS DIGITAL ACQUISITN CO	UNIT 09/29/2026	G2476C115	974	100,000	SH		DFND		100,000	0	0
CONCORD ACQUISITION CORP III	COM CL A	20607V106	994	100,000	SH		DFND		100,000	0	0
CONCORD ACQUISITION CORP III	UNIT 99/99/9999	20607V205	505	50,000	SH		DFND		50,000	0	0
CORSAIR PARTNERING CORP	UNIT 99/99/9999	G2540H124	990	100,000	SH		DFND		100,000	0	0
CRIXUS BH3 ACQUISITION CO	UNIT 10/04/2026	22677T201	1,251	125,000	SH		DFND		125,000	0	0
CRUCIBLE ACQUISITION CORP	COM CL A	22877P108	491	50,000	SH		DFND		50,000	0	0
CRYPTO 1 ACQUISITION CORP	CLASS A ORD	G3168A102	989	100,000	SH		DFND		100,000	0	0
DA32 LIFE SCNCE TEC ACQSTN C	CLASS A COM	23312M106	972	100,000	SH		DFND		100,000	0	0
DATA KNIGHTS ACQUISITION COR	CLASS A COM	237699103	1,018	100,000	SH		DFND		100,000	0	0
DELWINDS INS ACQUISITION COR	UNIT 99/99/9999	24803C201	1,511	150,000	SH		DFND		150,000	0	0
DHC ACQUISITION CORP	CLASS A ORD SHS	G2758T109	490	50,000	SH		DFND		50,000	0	0
DIAMONDHEAD HOLDINGS CORP	UNIT 01/21/2026	25278L204	396	40,000	SH		DFND		40,000	0	0
DIGITAL HEALTH ACQUISITION C	COMMON STOCK	253893101	350	35,000	SH		DFND		35,000	0	0
DMY TECHNOLOGY GROUP INC VI	CL A COM	233247105	740	75,000	SH		DFND		75,000	0	0
DP CAP ACQUISITION CORP I	CLASS A ORD	G2R05B100	1,493	150,000	SH		DFND		150,000	0	0
DRAGONEER GROWTH OPT CORP II	CL A SHS	G28315102	1,960	200,000	SH		DFND		200,000	0	0
DUNE ACQUISITION CORP	COM CL A	265334102	497	50,000	SH		DFND		50,000	0	0
DYNAMICS SPECIAL PURPOSE COR	CLASS A COM	268010105	3,455	350,000	SH		DFND		350,000	0	0
EDTECHX HOLDINGS ACQU CORP I	UNIT 08/31/2027	28139A201	1,006	100,000	SH		DFND		100,000	0	0
ENERGEM CORP	CLASS A ORD SHS	G30449105	1,000	100,000	SH		DFND		100,000	0	0
ENTERPRISE 4.0 TEC ACQSTN CO	UNIT 10/14/2026	G3137C122	1,010	100,000	SH		DFND		100,000	0	0
EPIPHANY TECHNOLOGY ACQUISIT	UNIT 99/99/9999	29429X208	745	75,000	SH		DFND		75,000	0	0
EQ HEALTH ACQUISITION CORP	UNIT 02/02/2028	26886A200	2,976	300,000	SH		DFND		300,000	0	0
EQUITY DISTR ACQUISITION COR	COM CL A	29465E106	989	100,000	SH		DFND		100,000	0	0
EUCRATES BIOMEDICAL ACQU COR	SHS	G3141W106	1,227	124,726	SH		DFND		124,726	0	0
EUCRATES BIOMEDICAL ACQU COR	UNIT 10/23/2027	G3141W114	986	100,000	SH		DFND		100,000	0	0
EVO ACQUISITION CORP	COM CL A	30052G108	2,458	250,000	SH		DFND		250,000	0	0
EXECUTIVE NETWORK PARTNERING	CL A	30158L100	2,463	250,000	SH		DFND		250,000	0	0
FAT PROJECTS ACQUISITION COR	CLASS A ORD SHS	G3400W102	1,481	150,000	SH		DFND		150,000	0	0
FIGURE ACQUISITION CORP I	COM CL A	302438106	978	100,000	SH		DFND		100,000	0	0
FINANCIAL STRATEGIES ACQUISI	CLASS A COM	31772T107	1,982	200,000	SH		DFND		200,000	0	0
FINTECH ECOSYSTEM DEVE	UNIT 04/01/2026	318136207	1,019	100,000	SH		DFND		100,000	0	0
FLAME ACQUISITION CORP	COM CL A	33850F108	731	75,000	SH		DFND		75,000	0	0
FLAME ACQUISITION CORP	UNIT 99/99/9999	33850F207	1,481	150,000	SH		DFND		150,000	0	0
FOCUS IMPACT ACQUISITION COR	UNIT 10/28/2026	34417L208	501	50,000	SH		DFND		50,000	0	0
FORTISTAR SUSTAINABLE SOL CO	UNIT 01/14/2026	34962M205	1,487	150,000	SH		DFND		150,000	0	0
FORTRESS CAPITAL ACQUISITION	UNIT 99/99/9999	G36427113	994	100,000	SH		DFND		100,000	0	0
FORTRESS VALUE ACQUISI CORP	UNIT 03/31/2028	34964K207	981	100,000	SH		DFND		100,000	0	0
FOXWAYNE ENTERPRIS AQSTN COR	UNIT 01/12/2026	35166L208	409	40,000	SH		DFND		40,000	0	0
FRAZIER LIFESCIENCES ACQU CO	UNIT 12/09/2025	G3710A121	400	40,000	SH		DFND		40,000	0	0
FRONTIER ACQUISITION CORP	UNIT 03/01/2026	G36826116	987	100,000	SH		DFND		100,000	0	0
FTAC HERA ACQUISITION CORP	UNIT 02/28/2026	G3728Y129	247	25,000	SH		DFND		25,000	0	0
FTAC PARNASSUS ACQUISITN COR	CLASS A COM	30319B108	976	100,000	SH		DFND		100,000	0	0
FTAC ZEUS ACQUISITION COR	UNIT 04/15/2026	30320F205	1,000	100,000	SH		DFND		100,000	0	0
FUSION ACQUISITION CORP II	COM CL A	36118N102	979	100,000	SH		DFND		100,000	0	0
FUSION ACQUISITION CORP II	UNIT 02/29/2028	36118N201	1,475	150,000	SH		DFND		150,000	0	0
G SQUARED ASCEND I INC	UNIT 99/99/9999	G4204R125	841	85,000	SH		DFND		85,000	0	0
GLADSTONE ACQUISITION CORP	UNIT 04/01/2024	37653T207	514	50,000	SH		DFND		50,000	0	0
GLOBAL CONSUMER ACQUISITN CO	UNIT 05/21/2026	37892B207	403	40,000	SH		DFND		40,000	0	0
GLOBAL PARTNER ACQISTN CORP	UNIT 01/06/2026	G3934P110	983	100,000	SH		DFND		100,000	0	0
GLOBAL SYNERGY ACQUISIT CORP	UNIT 01/01/2024	G3934J114	2,008	200,000	SH		DFND		200,000	0	0
GO ACQUISITION CORP	COM	362019101	990	100,000	SH		DFND		100,000	0	0
GO ACQUISITION CORP	UNIT 08/31/2027	362019200	398	40,000	SH		DFND		40,000	0	0
GOLDEN FALCON ACQUISITION CO	CL A	38102H109	981	100,000	SH		DFND		100,000	0	0
GORES HOLDINGS VII INC	UNIT 02/12/2028	38286T200	494	50,000	SH		DFND		50,000	0	0
GREEN VISOR FIN TEC ACQ CORP	CLASS A ORD	G4166K100	999	100,000	SH		DFND		100,000	0	0
H I G ACQUISITION CORP	COM CL A	G44898107	1,478	150,000	SH		DFND		150,000	0	0
H I G ACQUISITION CORP	UNIT 99/99/9999	G44898115	298	30,000	SH		DFND		30,000	0	0
HEALTH SCIENCES ACQ CORP 2	ORD SHS	G4411D109	991	100,000	SH		DFND		100,000	0	0
HEALTHCARE SERVICES ACQU COR	UNIT 11/18/2023	42227K203	746	75,000	SH		DFND		75,000	0	0
HEARTLAND MEDIA ACQUISITION	UNIT 99/99/9999	42237V207	498	50,000	SH		DFND		50,000	0	0
HENNESSY CAPITAL INVS CORP V	COM CL A	42589T107	491	50,000	SH		DFND		50,000	0	0
HORIZON ACQUISITION CORPORAT	SHS CL A	G46044106	1,090	110,000	SH		DFND		110,000	0	0
HPX CORP	SHS CL A	G32219100	992	100,000	SH		DFND		100,000	0	0
HUDSON EXECUTIVE INVES III	UNIT 02/22/2026	44376L206	739	75,000	SH		DFND		75,000	0	0
HUDSON EXECUTIVE INVS CORP I	UNIT 01/31/2027	443760202	984	100,000	SH		DFND		100,000	0	0
ICONIC SPORTS ACQUISITION CO	UNIT 99/99/9999	G4712C123	2,014	200,000	SH		DFND		200,000	0	0
INDEPENDENCE HOLDINGS CORP	CLASS A ORD SHS	G4761A101	1,469	150,000	SH		DFND		150,000	0	0
INDEPENDENCE HOLDINGS CORP	UNIT 03/02/2026	G4761A119	988	100,000	SH		DFND		100,000	0	0
INDUSTRIAL HUMAN CAPITAL INC	UNIT 99/99/9999	45617P203	1,792	175,000	SH		DFND		175,000	0	0
INFINT ACQUISITION CORP	CL A ORD SHS	G47862100	500	50,000	SH		DFND		50,000	0	0
INTERPRIVATE II ACQUISITION	UNIT 99/99/9999	46064Q207	985	100,000	SH		DFND		100,000	0	0
INTERPRIVATE III FINANCIAL P	COM CL A	46064R106	494	50,000	SH		DFND		50,000	0	0
INTERPRIVATE IV INFRATECH PR	UNIT 03/05/2026	46064T201	983	100,000	SH		DFND		100,000	0	0
INVESTCORP EUROPE ACQUISITIO	UNIT 12/15/2026	G4923T121	758	75,000	SH		DFND		75,000	0	0
ISHARES SILVER TR	ISHARES	46428Q109	27	45,000	SH	Put	DFND		45,000	0	0
ISLEWORTH HEALTHCARE ACQU CO	COM	46468P102	990	100,000	SH		DFND		100,000	0	0
ITHAX ACQUISITION CORP	UNIT 12/31/2027	G49775110	1,002	100,000	SH		DFND		100,000	0	0
JACK CREEK INVESTMENT CORP	UNIT 10/01/2023	G4989X107	1,484	150,000	SH		DFND		150,000	0	0
JATT ACQUISITION CORP	UNIT 99/99/9999	G50752115	1,008	100,000	SH		DFND		100,000	0	0
JAWS HURRICANE ACQUISITN COR	CLASS A COM	47201B103	1,954	200,000	SH		DFND		200,000	0	0
JAWS MUSTANG ACQUISITION COR	SHS CL A	G50737108	2,109	215,000	SH		DFND		215,000	0	0
JIYA ACQUISITION CORP	COM CL A	47760M102	590	60,000	SH		DFND		60,000	0	0
JOFF FINTECH ACQUISITION COR	COM CL A	46592C100	244	25,000	SH		DFND		25,000	0	0
KAIROS ACQUISITION CORP	UNIT 99/99/9999	G52110122	745	75,000	SH		DFND		75,000	0	0
KHOSLA VENTURES ACQUISITION	CL A	482504107	1,467	150,000	SH		DFND		150,000	0	0
KKR ACQUISITION HOLDING I CO	COM CLASS A	48253T109	1,966	200,000	SH		DFND		200,000	0	0
KKR ACQUISITION HOLDING I CO	UNIT 99/99/9999	48253T208	498	50,000	SH		DFND		50,000	0	0
KL ACQUISITION CORP	UNIT 99/99/9999	49837C208	736	75,000	SH		DFND		75,000	0	0
KLUDEIN I ACQUISITION CORP	CL A	49878L109	1,491	150,000	SH		DFND		150,000	0	0
KNIGHTSWAN ACQUISITION CORP	UNIT 99/99/9999	499103208	501	50,000	SH		DFND		50,000	0	0
L&F ACQUISITION CORP	SHS CL A	G53702109	3,542	350,000	SH		DFND		350,000	0	0
LAVA MEDTECH ACQUISITION COR	UNIT 10/21/2026	519345201	1,010	100,000	SH		DFND		100,000	0	0
LAZARD GROWTH ACQUISITION CO	CL A ORD SHS	G54035103	980	100,000	SH		DFND		100,000	0	0
LAZARD GROWTH ACQUISITION CO	UNIT 99/99/9999	G54035129	993	100,000	SH		DFND		100,000	0	0
LDH GROWTH CORP I	CLASS A ORD SHS	G54094100	979	100,000	SH		DFND		100,000	0	0
LEO HLDGS CORP II	COM CL A	G5463R102	735	75,000	SH		DFND		75,000	0	0
LEO HLDGS CORP II	UNIT 99/99/9999	G5463R110	1,478	150,000	SH		DFND		150,000	0	0
LIBERTY BROADBAND CORP	COM SER A	530307107	5,985	45,669	SH		DFND		45,669	0	0
LIBERTY MEDIA ACQUISITION CO	COM SR A	53073L104	595	60,038	SH		DFND		60,038	0	0
LIBERTY MEDIA CORP DEL	COM A SIRIUSXM	531229409	1,180	25,807	SH		DFND		25,807	0	0
LIBERTY MEDIA CORP DEL	COM C SIRIUSXM	531229607	1,372	30,000	SH		DFND		30,000	0	0
LIBERTY RES ACQUISITION CORP	CLASS A COM	53118A105	999	100,000	SH		DFND		100,000	0	0
LIGHTJUMP ACQUISITION CORP	UNIT 01/06/2026	53228M205	1,002	100,000	SH		DFND		100,000	0	0
LIV CAPITAL ACQUISITN CORP I	UNIT 02/07/2027	G5510R121	1,000	100,000	SH		DFND		100,000	0	0
LLOYDS BANKING GROUP PLC	SPONSORED ADR	539439109	10,703	4,441,183	SH		DFND		4,441,183	0	0
LMF ACQUISITION OPPORTUNIT I	UNIT 99/99/9999	502015209	931	90,000	SH		DFND		90,000	0	0
LONGVIEW ACQUISITION CORP II	COM CL A	54319Q105	1,708	175,000	SH		DFND		175,000	0	0
M3 BRIGADE ACQUISITION II CO	COM CL A	553800103	6,351	650,000	SH		DFND		650,000	0	0
MALACCA STRAITS ACQUISITION	COM CL A	G5859B117	253	25,000	SH		DFND		25,000	0	0
MALLARD ACQUISITION CORP	UNIT 06/30/2027	561204207	769	75,000	SH		DFND		75,000	0	0
MANA CAP ACQUISITION CORP	COMMON STOCK	56168P104	495	50,000	SH		DFND		50,000	0	0
MAQUIA CAPITAL ACQUISITION C	CLASS A COM	56564V101	1,013	100,000	SH		DFND		100,000	0	0
MASON INDUSTRIAL TECHNOLGY I	COM CL A	57520Y106	3,175	325,000	SH		DFND		325,000	0	0
MASON INDUSTRIAL TECHNOLGY I	UNIT 99/99/9999	57520Y205	987	100,000	SH		DFND		100,000	0	0
MEDICUS SCIENCES ACQUISITION	CL A SHS	G5960S108	978	100,000	SH		DFND		100,000	0	0
MINORITY EQUALITY OPPORTUNIT	CLASS A COM	60436Q100	1,004	100,000	SH		DFND		100,000	0	0
MONUMENT CIRCLE ACQUISITN CO	UNIT 01/14/2026	61531M200	493	50,000	SH		DFND		50,000	0	0
MOUNTAIN CREST ACQSTN CORP I	COM	62402U107	1,730	175,000	SH		DFND		175,000	0	0
MOUNTAIN CREST ACQUSITN CRP	COM	62403K108	1,339	135,000	SH		DFND		135,000	0	0
NATURAL ORDER ACQUISITION CO	COM	63889L107	4,915	500,000	SH		DFND		500,000	0	0
NIGHTDRAGON ACQUISITION CORP	UNIT 02/26/20266	65413D204	739	75,000	SH		DFND		75,000	0	0
NOBLE ROCK ACQUISITION CORP	UNIT 01/31/2028	G6546R127	2,465	250,000	SH		DFND		250,000	0	0
NORTH ATLANTIC ACQUISITN COR	UNIT 10/20/2025	G66139117	1,837	185,000	SH		DFND		185,000	0	0
NORTHERN LIGHTS ACQUISITN CO	UNIT 11/01/2027	66538L204	965	95,000	SH		DFND		95,000	0	0
NORTHVIEW ACQUISITION CORP	COM	66718N103	982	100,000	SH		DFND		100,000	0	0
NORTHVIEW ACQUISITION CORP	RIGHT 99/99/9999	66718N129	14	100,000	SH		DFND		100,000	0	0
NUBIA BRAND INTERNATIONAL CO	UNIT 11/16/2026	67022R202	749	75,000	SH		DFND		75,000	0	0
OMEGA ALPHA SPAC	CL A	G6749V107	246	25,000	SH		DFND		25,000	0	0
ONE EQUITY PARTNERS OPEN WTR	UNIT 01/14/2026	68237L204	990	100,000	SH		DFND		100,000	0	0
OTR ACQUISITION CORP	UNIT 10/01/2025	67113Q204	514	50,000	SH		DFND		50,000	0	0
OYSTER ENTERPRISES ACQ CORP	UNIT 01/20/2026	69242M203	990	100,000	SH		DFND		100,000	0	0
PANACEA ACQUISITION CORP II	CL A SHS	G6882C106	488	50,000	SH		DFND		50,000	0	0
PEPPERLIME HEALTH ACQUSTN CO	UNIT 99/99/9999	G70021129	1,005	100,000	SH		DFND		100,000	0	0
PERCEPTION CAPITAL CORP II	UNIT 10/25/2026	G7007D128	501	50,000	SH		DFND		50,000	0	0
PIONEER MERGER CORP	CL A SHS	G7S24C103	981	100,000	SH		DFND		100,000	0	0
PMV CONSUMER ACQUISITION COR	COM	693486102	494	50,000	SH		DFND		50,000	0	0
PONTEM CORPORATION	UNIT 99/99/9999	G71707114	988	100,000	SH		DFND		100,000	0	0
POWERED BRANDS	UNIT 99/99/9999	G7209M124	992	100,000	SH		DFND		100,000	0	0
PRIME IMPACT ACQUISITION I	UNIT 10/01/2030	G61074111	447	45,000	SH		DFND		45,000	0	0
PRIVETERRA ACQUISITION CORP	UNIT 99/99/9999	74275N201	739	75,000	SH		DFND		75,000	0	0
PROGRESS ACQUISITION CORP	UNIT 12/25/2025	74327P204	991	100,000	SH		DFND		100,000	0	0
PROOF ACQUISITION CORP I	UNIT 99/99/9999	74349W203	1,002	100,000	SH		DFND		100,000	0	0
PROPERTY SOLUTIONS ACQUISITI	UNIT 03/01/2026	74350A207	245	25,000	SH		DFND		25,000	0	0
PROTERRA INC	COM	74374T109	86,396	13,484,094	SH		DFND		13,484,094	0	0
PYROPHYTE ACQUISITION CORP	UNIT 99/99/9999	G7308P119	1,015	100,000	SH		DFND		100,000	0	0
RECHARGE ACQUISITION CORP	COM CL A	756229100	1,246	125,000	SH		DFND		125,000	0	0
REDWOODS ACQUISITION CORP	UNIT 03/15/2027	758083208	1,003	100,000	SH		DFND		100,000	0	0
RIBBIT LEAP LTD	SHS CL A	G7552B105	987	100,000	SH		DFND		100,000	0	0
RIVERVIEW ACQUISITION CORP	UNIT 07/29/2026	769395203	2,000	200,000	SH		DFND		200,000	0	0
RMG ACQUISITION CORP III	UNIT 02/08/2026	G76088114	247	25,000	SH		DFND		25,000	0	0
ROSS ACQUISITION CORP II	SHS CL A	G7641C106	1,964	200,000	SH		DFND		200,000	0	0
ROTH CH ACQUISITION IV CO	COM	77867P104	1,685	170,000	SH		DFND		170,000	0	0
RXR ACQUISITION CORP	UNIT 01/01/2025	74981W206	246	25,000	SH		DFND		25,000	0	0
RYANAIR HOLDINGS PLC	SPONSORED ADS	783513203	1,799	20,648	SH		DFND		20,648	0	0
SCIENCE STRATEGIC ACQ ALPHA	UNIT 01/20/2026	808641203	984	100,000	SH		DFND		100,000	0	0
SCION TECH GROWTH I	UNIT 12/17/2025	G31067120	497	50,000	SH		DFND		50,000	0	0
SCP & CO HEALTHCARE ACQUSTN	UNIT 10/27/2025	784065203	1,730	175,000	SH		DFND		175,000	0	0
SCREAMING EAGLE ACQUISITN CO	UNIT 01/05/2027	G79407113	1,000	100,000	SH		DFND		100,000	0	0
SEAPORT CALIBRE MATLS ACQUIS	UNIT 10/28/2026	812204204	499	50,000	SH		DFND		50,000	0	0
SENIOR CONNECT ACQUISITN COR	COM CL A	81723H108	1,473	150,000	SH		DFND		150,000	0	0
SHELTER ACQUISITION CORP I	UNIT 02/25/2026	822821203	994	100,000	SH		DFND		100,000	0	0
SILVER SPIKE ACQUISITN CORP	CLASS A ORD SHS	G8201H105	979	100,000	SH		DFND		100,000	0	0
SIMON PROPERTY GRP ACQ HOLDI	COM CL A	82880R103	1,956	200,000	SH		DFND		200,000	0	0
SIRIUS XM HOLDINGS INC	COM	82968B103	445	200,000	SH	Put	DFND		200,000	0	0
SIRIUSPOINT LTD	COM	G8192H106	506	67,613	SH		DFND		67,613	0	0
SLAM CORP	UNIT 99/99/9999	G8210L113	2,958	300,000	SH		DFND		300,000	0	0
SOCIAL CAP SUVRETTA HLDS CP	CLASS A ORD SHS	G8253Y105	487	50,000	SH		DFND		50,000	0	0
SOCIAL CAP SUVRETTA HLDS CRP	CLASS A ORD SHS	G8253U103	975	100,000	SH		DFND		100,000	0	0
SOCIAL CAP SUVRETTA HLDS CRP	CLASS A ORD SHS	G8253T106	989	100,000	SH		DFND		100,000	0	0
SOCIAL LEVERAGE ACQUISN CORP	COM CL A	83363K102	1,958	200,000	SH		DFND		200,000	0	0
SOFTWARE ACQUISITN GRP INC I	COM CL A	83407J103	1,496	150,000	SH		DFND		150,000	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	117	10,000	SH	Put	DFND		10,000	0	0
SPORTSMAP TECH ACQUISITIN CO	UNIT 09/01/2027	84921J207	1,008	100,000	SH		DFND		100,000	0	0
SPORTSTEK ACQUISITION CORP	UNIT 02/16/2028	849196209	983	100,000	SH		DFND		100,000	0	0
SPRINGWATER SPL SITUATIONS C	UNIT 12/01/2027	85205U206	999	100,000	SH		DFND		100,000	0	0
SPROTT PHYSICAL GOLD & SILVE	TR UNIT	85208R101	3,085	159,190	SH		DFND		159,190	0	0
STEEL CONNECT INC	COM	858098106	280	216,787	SH		DFND		216,787	0	0
STONEBRIDGE ACQUISITION CORP	UNIT 04/11/2026	G85094111	1,007	100,000	SH		DFND		100,000	0	0
SUMITOMO MITSUI FINL GROUP I	SPONSORED ADR	86562M209	62,171	9,915,600	SH		DFND		9,915,600	0	0
SUPERNOVA PARTN ACQ CO III L	UNIT 99/99/9999	G8T90F110	489	50,000	SH		DFND		50,000	0	0
SUSTAINABLE DEVELP ACQU I CO	UNIT 02/04/2026	86934L202	494	50,000	SH		DFND		50,000	0	0
SVF INVESTMENT CORP	CL A SHS	G8601L102	2,940	300,000	SH		DFND		300,000	0	0
SVF INVESTMENT CORP 2	CL A SHS	G8601M100	492	50,000	SH		DFND		50,000	0	0
TCW SPECIAL PURPOSE ACQU COR	UNIT 99/99/9999	87301L205	974	100,000	SH		DFND		100,000	0	0
THUNDER BRIDGE CAP PRTNRS II	UNIT 02/15/2028	88605T209	1,980	200,000	SH		DFND		200,000	0	0
TISHMAN SPEYER INNOVATION CO	COM CL A	88825H100	735	75,000	SH		DFND		75,000	0	0
TISHMAN SPEYER INNOVATION CO	UNIT 02/11/2026	88825H209	494	50,000	SH		DFND		50,000	0	0
TORTOISEECOFIN ACQUISITION C	UNIT 99/99/9999	G8956E208	1,478	150,000	SH		DFND		150,000	0	0
TPB ACQUISITION CORP I	COM CL A	G8990L101	972	100,000	SH		DFND		100,000	0	0
TREPONT ACQUISITION CORP I	SHS CL A	G9095M101	2,514	250,000	SH		DFND		250,000	0	0
TWELVE SEAS INVESTMENT CO II	UNIT 99/99/9999	90118T205	491	50,000	SH		DFND		50,000	0	0
TWIN RIDGE CAPITAL ACQUIS CO	UNIT 99/99/9999	G9151L112	3,428	350,000	SH		DFND		350,000	0	0
TZP STRATEGIES ACQUISTN CORP	UNIT 01/06/2026	G91595127	989	100,000	SH		DFND		100,000	0	0
VALOR LATITUDE ACQUISITN COR	UNIT 04/02/2026	G9460N114	981	100,000	SH		DFND		100,000	0	0
VALUENCE MERGER CORP I	UNIT 02/18/2027	G9R16L126	2,508	250,000	SH		DFND		250,000	0	0
VECTOIQ ACQUISITION CORP II	COM CL A	92244F109	983	100,000	SH		DFND		100,000	0	0
VECTOIQ ACQUISITION CORP II	UNIT 99/99/9999	92244F208	1,988	200,000	SH		DFND		200,000	0	0
VELOCITY ACQUISITION CORP	COM CL A	92259E104	1,950	200,000	SH		DFND		200,000	0	0
VENTOUX CCM ACQUISITION CORP	COM	92280L101	2,779	275,000	SH		DFND		275,000	0	0
VICKERS VANTAGE CORP I	UNIT 09/15/2027	G9440B123	1,955	190,000	SH		DFND		190,000	0	0
VIRGIN GROUP ACQUISIT CORP I	UNIT 99/99/9999	G9460K110	992	100,000	SH		DFND		100,000	0	0
VIVEON HEALTH ACQUISITION CO	COMMON STOCK	92853V106	2,525	250,000	SH		DFND		250,000	0	0
WARBURG PINCUS CAPTAL CORP I	SHS CL A	G9461D107	983	100,000	SH		DFND		100,000	0	0
WARBURG PINCUS CAPTAL CORP I	SHS CL A	G9460M108	1,473	150,000	SH		DFND		150,000	0	0
WARBURG PINCUS CAPTAL CORP I	UNIT 99/99/9999	G9461D123	495	50,000	SH		DFND		50,000	0	0
WARRIOR TECHNOLOGIES ACQUI C	UNIT 03/31/2028	936273200	499	50,000	SH		DFND		50,000	0	0
WILLIAMS ROWLAND ACQUISITION	UNIT 99/99/9999	96951B201	1,008	100,000	SH		DFND		100,000	0	0
WORLD QUANTUM GROWTH ACQUISI	SHS CL A	G5596W101	990	100,000	SH		DFND		100,000	0	0
WORLDWIDE WEBB ACQUISITION C	UNIT 10/20/2026	G97775129	992	100,000	SH		DFND		100,000	0	0
ZIMMER ENERGY TRANSITION ACQ	COM CL A	989570106	1,935	200,000	SH		DFND		200,000	0	0