| Issuer | % book | Value | Conviction | Business |
|---|
| $HYG · ISHARES TR | 1.5% | $75,582,000 | Low | BlackRock iShares ETF family (index funds) |
| $COIN 0.5 06.01.26 · COINBASE GLOBAL INC | 1.2% | $60,810,129 | Low | Cryptocurrency exchange platform |
| $ETSY 0.125 10.01.26 · ETSY INC | 0.9% | $45,918,767 | Low | Online marketplace for handmade and vintage goods |
| $VNET 2 10.01.27 · VNET GROUP INC | 0.7% | $34,704,841 | Low | Chinese data center and internet infrastructure |
| $UNM · UNUM GROUP | 0.7% | $33,516,388 | Low | Unum Group — disability and group benefits insurer |
| $BOX 1.5 09.15.29 · BOX INC | 0.6% | $28,980,000 | Low | Cloud content management and collaboration |
| $GPC · GENUINE PARTS CO | 0.6% | $28,722,546 | Low | Auto and industrial parts distribution (NAPA) |
| $SMH · VANECK ETF TRUST | 0.5% | $23,387,400 | Low | VanEck exchange-traded fund family |
| $SNDK · SANDISK CORP | 0.5% | $26,868,529 | Low | |
| $RIOT · RIOT PLATFORMS INC | 0.5% | $24,798,399 | Low | Bitcoin mining company |
| $LASR · NLIGHT INC | 0.5% | $26,514,300 | Low | |
| $UHS · UNIVERSAL HLTH SVCS INC | 0.4% | $21,709,061 | Low | Hospital and behavioral health facilities operator |
| $CALY 2.75 05.01.26 · CALLAWAY GOLF CO | 0.4% | $20,960,100 | Low | |
| $FPS · FORGENT POWER SOLUTIONS INC | 0.4% | $21,555,130 | Low | |
| $KKR · KKR & CO INC | 0.4% | $20,128,000 | Low | Global private equity and alternative asset manager |
| $HBAN · HUNTINGTON BANCSHARES INC | 0.3% | $17,027,200 | Low | |
| $HRI · HERC HLDGS INC | 0.3% | $15,547,221 | Low | |
| $AA · ALCOA CORP | 0.3% | $15,680,545 | Low | Aluminum and bauxite/alumina producer |
| $UNP · UNION PAC CORP | 0.3% | $13,180,089 | Low | Western US freight railroad |
| $SOLS · SOLSTICE ADVANCED MATLS INC | 0.3% | $14,165,760 | Low | Honeywell spinoff — refrigerants and specialty materials |
| $HUBG · HUB GROUP INC | 0.3% | $15,172,516 | Low | |
| $CR · CRANE COMPANY | 0.2% | $12,060,801 | Low | Diversified industrial: fluid handling, aerospace |
| KRAKACQUISITION CORPORATION | 0.2% | $10,010,000 | Low | |
| AVERIN CAP ACQUISITION CORP | 0.2% | $10,000,000 | Low | |
| ONEIM ACQUISITION CORP | 0.2% | $10,956,000 | Low | |
| $FLR · FLUOR CORP | 0.2% | $7,579,645 | Low | Engineering, procurement and construction services |
| FORTRESS VALUE ACQU CORP V | 0.2% | $10,030,000 | Low | |
| ALUSSA ENERGY ACQUISIT CORP | 0.2% | $7,984,000 | Low | |
| $BE · BLOOM ENERGY CORP | 0.2% | $11,313,415 | Low | Solid-oxide fuel cell power systems |
| SILVERBOX CORP V | 0.2% | $7,936,000 | Low | Special-purpose acquisition company (blank-check) |
| $FIX · COMFORT SYS USA INC | 0.2% | $8,188,443 | Low | Commercial HVAC installation and services |
| $HUM · HUMANA INC | 0.2% | $9,402,593 | Low | |
| CHURCHILL CAP CORP XI | 0.2% | $10,160,000 | Low | Special-purpose acquisition company (blank-check) |
| $NTNX 0.25 10.01.27 · NUTANIX INC | 0.2% | $10,187,488 | Low | Hybrid-cloud and hyperconverged infrastructure software |
| $PEN · PENUMBRA INC | 0.2% | $8,209,250 | Low | |
| $SHW · SHERWIN WILLIAMS CO | 0.2% | $9,794,726 | Low | Paints and coatings manufacturer |
| $VSEC · VSE CORP | 0.2% | $8,228,481 | Low | Aviation and fleet aftermarket parts/services |
| KPET ULTRA PACELINE CORP | 0.2% | $8,000,000 | Low | |
| METALS ACQUISITION CORP II | 0.2% | $10,090,000 | Low | |
| FERRARI N V | 0.1% | $2,515,051 | Low | Luxury sports car manufacturer |
| KENSINGTON CAP ACQUIST CORP | 0.1% | $5,522,000 | Low | |
| $AES · AES CORP | 0.1% | $3,804,300 | Low | Global power generation and utilities |
| ALKERMES PLC | 0.1% | $5,604,525 | Low | Biopharma for neuroscience and addiction |
| $CARR · CARRIER GLOBAL CORPORATION | 0.1% | $4,888,778 | Low | HVAC, refrigeration and building systems |
| $NUE · NUCOR CORP | 0.1% | $5,027,512 | Low | |
| $NTNX 0.5 12.15.29 · NUTANIX INC | 0.1% | $3,618,451 | Low | Hybrid-cloud and hyperconverged infrastructure software |
| TWELVE SEAS INVT CO III | 0.1% | $2,467,500 | Low | Special-purpose acquisition company (blank-check) |
| $VG · VENTURE GLOBAL INC | 0.1% | $2,472,129 | Low | LNG export terminals and liquefaction |
| WILLOW LANE ACQUISITION CRP | 0.1% | $3,535,000 | Low | |
| GENERAL PURP ACQUISITION COR | 0.1% | $2,973,000 | Low | Special-purpose acquisition company (blank-check) |
| ABONY ACQUISITION CORP I | 0.1% | $3,976,000 | Low | |
| ACTIVATE ENERGY ACQUISIT COR | 0.1% | $3,956,000 | Low | |
| $ATD · ATI INC | 0.1% | $4,933,421 | Low | |
| BLEICHROEDER ACQUISITI CORP | 0.1% | $4,509,000 | Low | |
| $IMCR · IMMUNOCORE HLDGS PLC | 0.1% | $5,948,836 | Low | TCR-based cancer immunotherapy biotech (UK) |
| IREN LIMITED | 0.1% | $4,285,000 | Low | Bitcoin mining and AI data-center operator |
| BUNGE GLOBAL SA | 0.1% | $6,009,691 | Low | Agribusiness and oilseed processing |
| $PANW · PALO ALTO NETWORKS INC | 0.1% | $3,607,200 | Low | Enterprise cybersecurity platform |
| PALOMA ACQUISITION CORP I | 0.1% | $2,495,000 | Low | |
| $SKYT · SKYWATER TECHNOLOGY INC | 0.1% | $2,761,804 | Low | |
| CRANE HBR ACQUISITION CORP I | 0.1% | $2,477,500 | Low | Special-purpose acquisition company (blank-check) |
| DAEDALUS SPL ACQUISITION COR | 0.1% | $3,964,000 | Low | Special-purpose acquisition company (blank-check) |
| $IRON · DISC MEDICINE INC | 0.1% | $3,695,476 | Low | |
| $GMAB · GENMAB A/S | 0.1% | $5,680,045 | Low | |
| $HAL · HALLIBURTON CO | 0.1% | $3,569,573 | Low | Oilfield services and equipment |
| ITHAX ACQUISITION CORP III | 0.1% | $2,970,000 | Low | Special-purpose acquisition company (blank-check) |
| LEGATO MERGER CORP IV | 0.1% | $3,964,000 | Low | |
| $430 · TERNS PHARMACEUTICALS INC | 0.1% | $2,636,000 | Low | |
| EQUINOX GOLD CORP | 0.1% | $5,079,003 | Low | |
| INFINITE EAGLE ACQUISITION C | 0.1% | $6,500,000 | Low | |
| KARBON CAP PARTNERS CORP | 0.1% | $5,030,000 | Low | Special-purpose acquisition company (blank-check) |
| CAMBRIDGE ACQUISITION CORP | 0.1% | $5,976,000 | Low | |
| COLUMBUS CIRCLE CAP CORP II | 0.1% | $3,440,500 | Low | |
| SOREN ACQUISITION CORP | 0.1% | $3,952,000 | Low | |
| $ATAI · ATAIBECKLEY INC | 0.1% | $3,371,425 | Low | |
| MOUNTAIN LAKE ACQUISIT CORP | 0.1% | $4,965,000 | Low | |
| $PTCT · PTC THERAPEUTICS INC | 0.1% | $3,045,002 | Low | Rare-disease drug developer |
| SPARTACUS ACQUISITION CORP I | 0.1% | $4,014,000 | Low | |
| $UMAC · UNUSUAL MACHS INC | 0.1% | $2,736,469 | Low | |
| ILLUMINATION ACQUISITIO CORP | 0.1% | $5,952,000 | Low | |
| $KTOS · KRATOS DEFENSE & SEC SOLUTIO | 0.1% | $5,027,222 | Low | Defense drones, satellites and electronics |
| MESHFLOW ACQUISITION CORP | 0.1% | $2,967,000 | Low | Special-purpose acquisition company (blank-check) |
| ARCHIMEDES TECH SPAC PTNRS I | 0.1% | $4,925,000 | Low | |
| BRUKER CORP | 0.1% | $2,726,410 | Low | Scientific analytical instruments |
| $CENX · CENTURY ALUM CO | 0.1% | $4,856,715 | Low | Primary aluminum producer |
| MUZERO ACQUISITION CORP | 0.1% | $2,979,000 | Low | |
| SAFEGUARD ACQUISITION CORP | 0.1% | $2,490,000 | Low | Special-purpose acquisition company (blank-check) |
| $SLAB · SILICON LABORATORIES INC | 0.1% | $4,163,000 | Low | Wireless and IoT semiconductors |
| $GWRE 1.25 11.01.29 · GUIDEWIRE SOFTWARE INC | 0.1% | $4,983,865 | Low | Software platform for property/casualty insurers |
| HENNESSY CAP INVTS CORP VIII | 0.1% | $6,000,000 | Low | |
| LEAPFROG ACQUISITION CORP | 0.1% | $2,977,500 | Low | Special-purpose acquisition company (blank-check) |
| SPACE ASSET ACQUISITION CORP | 0.1% | $4,076,000 | Low | |
| TGE VALUE CREATIVE SOLUTIONS | 0.1% | $4,446,000 | Low | |
| TRG LATIN AMER ACQUIS CORP | 0.1% | $4,975,000 | Low | |
| $WDC · WESTERN DIGITAL CORP | 0.0% | $238,031 | Low | Hard drives and data storage devices |
| GENERAL PURP ACQUISITION COR | 0.0% | $36,015 | Low | Special-purpose acquisition company (blank-check) |
| INFLEQTION INC | 0.0% | $995,625 | Low | |
| INVEST GREEN ACQUISITION COR | 0.0% | $28,500 | Low | Special-purpose acquisition company (blank-check) |
| $ALMS · ALUMIS INC | 0.0% | $911,381 | Low | |
| AMERICAN DRIVE ACQUISITION C | 0.0% | $10,000 | Low | Special-purpose acquisition company (blank-check) |
| ARCHIMEDES TECH SPAC PTNRS I | 0.0% | $66,875 | Low | |
| BLACK SPADE ACQUISITION III | 0.0% | $1,968,000 | Low | |
| BLUEROCK ACQUISITION CORP | 0.0% | $16,500 | Low | Special-purpose acquisition company (blank-check) |
| $NATL · NCR ATLEOS CORPORATION | 0.0% | $435,800 | Low | ATM and self-service banking technology |
| $REPL · REPLIMUNE GROUP INC | 0.0% | $2,380,099 | Low | |
| $CLV · TRIP COM GROUP LTD | 0.0% | $1,095,380 | Low | |
| UNITED ACQUISITION CORP I | 0.0% | $24,063 | Low | |
| $VRSN · VERISIGN INC | 0.0% | $218,557 | Low | Domain name registry and internet infrastructure |
| VINE HILL CAP INVTS CORP II | 0.0% | $26,666 | Low | Special-purpose acquisition company (blank-check) |
| $WMT · WALMART INC | 0.0% | $429,263 | Low | World's largest retailer; stores and e-commerce |
| X3 ACQUISITION CORP LTD | 0.0% | $24,020 | Low | |
| DAEDALUS SPL ACQUISITION COR | 0.0% | $41,000 | Low | Special-purpose acquisition company (blank-check) |
| $DDOG · DATADOG INC | 0.0% | $728,132 | Low | Cloud monitoring and observability platform |
| $DOCN · DIGITALOCEAN HLDGS INC | 0.0% | $228,861 | Low | Cloud computing for developers and SMBs |
| $DT · DYNATRACE INC | 0.0% | $371,279 | Low | Software observability and monitoring |
| FG IMPERII ACQUISITION CORP | 0.0% | $20,000 | Low | |
| HCM IV ACQUISITION CORP | 0.0% | $2,006,000 | Low | |
| $IQV · IQVIA HLDGS INC | 0.0% | $1,380,862 | Low | Healthcare data, analytics and clinical research |
| LEGATO MERGER CORP IV | 0.0% | $42,907 | Low | |
| M EVO GBL ACQUISITION CORP I | 0.0% | $34,000 | Low | |
| MESHFLOW ACQUISITION CORP | 0.0% | $26,000 | Low | Special-purpose acquisition company (blank-check) |
| $RTX · RTX CORPORATION | 0.0% | $1,362,260 | Low | |
| SILICON VY ACQUISITION CORP | 0.0% | $14,245 | Low | Special-purpose acquisition company (blank-check) |
| SOCIAL COMM PARTNERS CORP | 0.0% | $27,000 | Low | Special-purpose acquisition company (blank-check) |
| $TWO · TWO HARBORS INVENTMENT CORPO | 0.0% | $1,088,931 | Low | |
| X3 ACQUISITION CORP LTD | 0.0% | $1,968,000 | Low | |
| $XNDU · XANADU QUANTUM TECHNOLO LTD | 0.0% | $229,800 | Low | |
| $EQIX · EQUINIX INC | 0.0% | $2,240,829 | Low | Global data-center and interconnection REIT |
| IDEA ACQUISITION CORP | 0.0% | $1,982,000 | Low | |
| $LYV · LIVE NATION ENTERTAINMENT IN | 0.0% | $540,190 | Low | Concert promotion and Ticketmaster ticketing |
| ACTIVATE ENERGY ACQUISIT COR | 0.0% | $66,000 | Low | |
| $AII · ALMONTY INDS INC | 0.0% | $2,437,433 | Low | Tungsten mining company (Sangdong, Korea) |
| BLUEROCK ACQUISITION CORP | 0.0% | $1,485,000 | Low | Special-purpose acquisition company (blank-check) |
| CHURCHILL CAP CORP XI | 0.0% | $75,000 | Low | Special-purpose acquisition company (blank-check) |
| $RDDT · REDDIT INC | 0.0% | $238,061 | Low | Social news and discussion platform |
| SAFEGUARD ACQUISITION CORP | 0.0% | $50,000 | Low | Special-purpose acquisition company (blank-check) |
| SEAGATE TECHNOLOGY HLDNGS PL | 0.0% | $429,369 | Low | Hard disk drive and data storage maker |
| SILVERBOX CORP V | 0.0% | $113,066 | Low | Special-purpose acquisition company (blank-check) |
| SPRING VY ACQUISITION CORP I | 0.0% | $36,500 | Low | Special-purpose acquisition company (blank-check) |
| UNITED ACQUISITION CORP I | 0.0% | $1,715,000 | Low | |
| VINE HILL CAP INVTS CORP II | 0.0% | $1,980,000 | Low | Special-purpose acquisition company (blank-check) |
| $VOYG · VOYAGER TECHNOLOGIES INC | 0.0% | $671,293 | Low | Space infrastructure and defense technology |
| $CPNG · COUPANG INC | 0.0% | $314,692 | Low | South Korea's largest e-commerce platform |
| $EBA · EBAY INC. | 0.0% | $399,396 | Low | Online marketplace and e-commerce platform |
| IRIS ACQUISITION CORP II | 0.0% | $491,000 | Low | |
| $IRHO · IRON HORSE ACQUISIT II CORP | 0.0% | $986,000 | Low | Special-purpose acquisition company (blank-check) |
| LAUNCHPAD CADENZA ACQU CORP | 0.0% | $7,667 | Low | |
| M EVO GBL ACQUISITION CORP I | 0.0% | $1,970,000 | Low | |
| AMERICAN DRIVE ACQUISITION C | 0.0% | $990,000 | Low | Special-purpose acquisition company (blank-check) |
| $APH · AMPHENOL CORP | 0.0% | $703,138 | Low | Electronic connectors and interconnect systems |
| $BCO · BRINKS CO | 0.0% | $414,520 | Low | Cash logistics and secure transport |
| $NG · NOVAGOLD RESOURCES INC | 0.0% | $824,885 | Low | |
| $ORIC · ORIC PHARMACEUTICALS INC | 0.0% | $754,663 | Low | |
| $TSHA · TAYSHA GENE THERAPIES INC | 0.0% | $1,469,875 | Low | |
| $UNF · UNIFIRST CORP MASS | 0.0% | $503,180 | Low | Uniform rental and workwear services |
| $VELO · VELO3D INC | 0.0% | $93,900 | Low | |
| $NUCL · EAGLE NUCLEAR ENERGY CORP | 0.0% | $307,200 | Low | |
| $FIVE · FIVE BELOW INC | 0.0% | $435,483 | Low | Discount retailer for teens (value items) |
| $FLGT · FULGENT GENETICS INC | 0.0% | $733,372 | Low | Genetic and molecular diagnostic testing |
| LEAPFROG ACQUISITION CORP | 0.0% | $43,500 | Low | Special-purpose acquisition company (blank-check) |
| ASML HLDG NV | 0.0% | $1,444,988 | Low | |
| BLACK SPADE ACQUISITION III | 0.0% | $23,333 | Low | |
| $EAT · BRINKER INTL INC | 0.0% | $805,508 | Low | Restaurant operator (Chili's, Maggiano's) |
| COLOMBIER ACQUISITION CORP I | 0.0% | $1,781,500 | Low | |
| $MYGN · MYRIAD GENETICS INC | 0.0% | $982,791 | Low | |
| ONEIM ACQUISITION CORP | 0.0% | $119,166 | Low | |
| RF ACQUISITION CORP III | 0.0% | $685,300 | Low | |
| $SKM · SK TELECOM CO LTD | 0.0% | $663,477 | Low | |
| $TALK · TALKSPACE INC | 0.0% | $1,552,500 | Low | |
| TGE VALUE CREATIVE SOLUTIONS | 0.0% | $65,250 | Low | |
| TWELVE SEAS INVT CO III | 0.0% | $37,550 | Low | Special-purpose acquisition company (blank-check) |
| $GWW · WW GRAINGER INC | 0.0% | $205,072 | Low | |
| $CRWD · CROWDSTRIKE HLDGS INC | 0.0% | $400,561 | Low | Cloud-native endpoint cybersecurity platform |
| $CGEM · CULLINAN THERAPEUTICS INC | 0.0% | $1,505,692 | Low | |
| D. BORAL ARC ACQ I CORP. | 0.0% | $1,012,000 | Low | |
| $NUCLW · EAGLE NUCLEAR ENERGY CORP | 0.0% | $347,500 | Low | |
| FG IMPERII ACQUISITION CORP | 0.0% | $1,980,000 | Low | |
| $FTRE · FORTREA HLDGS INC | 0.0% | $666,211 | Low | Clinical-research contract organization (CRO) |
| HELIX ACQUISITION CORP III | 0.0% | $1,016,000 | Low | |
| KARBON CAP PARTNERS CORP | 0.0% | $64,275 | Low | Special-purpose acquisition company (blank-check) |
| $MLB1 · MERCADOLIBRE INC | 0.0% | $325,056 | Low | Latin American e-commerce and fintech |
| BITCOIN INFRASTRUCTURE ACQUI | 0.0% | $22,275 | Low | Special-purpose acquisition company (blank-check) |
| BITCOIN INFRASTRUCTURE ACQUI | 0.0% | $1,488,000 | Low | Special-purpose acquisition company (blank-check) |
| BLEICHROEDER ACQUISITI CORP | 0.0% | $142,664 | Low | |
| PRESIDIO PRODTN CO | 0.0% | $53,999 | Low | |
| $QXO · QXO INC | 0.0% | $485,500 | Low | Building-products distribution roll-up (Brad Jacobs) |
| SILICON VY ACQUISITION CORP | 0.0% | $989,000 | Low | Special-purpose acquisition company (blank-check) |
| $USO · UNITED STS OIL FD LP | 0.0% | $501,620 | Low | |
| CRANE HBR ACQUISITION CORP I | 0.0% | $45,000 | Low | Special-purpose acquisition company (blank-check) |
| $DYN · DYNE THERAPEUTICS INC | 0.0% | $1,428,009 | Low | |
| $GDS · GDS HLDGS LTD | 0.0% | $653,665 | Low | Chinese data-center developer and operator |
| INFINITE EAGLE ACQUISITION C | 0.0% | $117,000 | Low | |
| INVEST GREEN ACQUISITION COR | 0.0% | $1,485,000 | Low | Special-purpose acquisition company (blank-check) |
| IRIS ACQUISITION CORP II | 0.0% | $7,700 | Low | |
| $IRHOR · IRON HORSE ACQUISIT II CORP | 0.0% | $14,210 | Low | Special-purpose acquisition company (blank-check) |
| ITHAX ACQUISITION CORP III | 0.0% | $36,000 | Low | Special-purpose acquisition company (blank-check) |
| LAUNCHPAD CADENZA ACQU CORP | 0.0% | $990,000 | Low | |
| $MASI* · MASIMO CORP | 0.0% | $1,782,257 | Low | Patient monitoring and pulse oximetry |
| $MRLN · MERLIN INC | 0.0% | $551,250 | Low | |
| $CHWY · CHEWY INC | 0.0% | $358,182 | Low | Online pet food and supplies retailer |
| COLUMBUS CIRCLE CAP CORP II | 0.0% | $42,000 | Low | |
| $AVO · MISSION PRODUCE INC | 0.0% | $481,600 | Low | |
| SOCIAL COMM PARTNERS CORP | 0.0% | $1,980,000 | Low | Special-purpose acquisition company (blank-check) |
| SUMA ACQUISITION CORP | 0.0% | $1,503,000 | Low | |
| $FWDI · FORWARD INDUSTRIES INC | 0.0% | $886,000 | Low | |
| $LITE · LUMENTUM HLDGS INC | 0.0% | $413,223 | Low | Optical and photonic components for networking |
| ALUSSA ENERGY ACQUISIT CORP | 0.0% | $96,000 | Low | |
| BLUE WTR ACQUISITION CORP IV | 0.0% | $1,984,000 | Low | |
| CALAVO GROWERS INC | 0.0% | $1,058,267 | Low | |
| CANTOR EQUITY PARTNERS VI IN | 0.0% | $2,070,500 | Low | |
| $MKSI · MKS INC. | 0.0% | $2,298,100 | Low | Semiconductor and advanced manufacturing instruments |
| QIAGEN NV | 0.0% | $800,800 | Low | |
| RF ACQUISITION CORP III | 0.0% | $7,000 | Low | |
| ROSS STORES INC | 0.0% | $581,218 | Low | Off-price apparel and home retailer |
| $RXST · RXSIGHT INC | 0.0% | $431,582 | Low | |
| $SLDB · SOLID BIOSCIENCES INC | 0.0% | $2,338,193 | Low | |
| SOREN ACQUISITION CORP | 0.0% | $42,667 | Low | |
| SPRING VY ACQUISITION CORP I | 0.0% | $1,974,000 | Low | Special-purpose acquisition company (blank-check) |