Q4 2025 · 13F-HR
HIGHBRIDGE CAPITAL MANAGEMENT LLCholdings as filed
Filed 2026-02-11 · accession 0000919185-26-000002
$3.14B
Reported value
297
Positions
2025-12-31
Period end
The Brief · HIGHBRIDGE CAPITAL MANAGEMENT LLC · Q4 2025
AI · grounded in 13F
Highbridge Capital Management LLC established a new position in ISHARES TR valued at $369.24M. The fund also opened new stakes in SPDR GOLD TR for $198.16M and ELME for $98.1M. On the sell side, the fund closed its position in INVESCO QQQ TR, reducing exposure by $150.09M. Other notable exits included HYG and EVERGY INC.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464287955 | — | ISHARES TR | $369.2M | 11.8% | 1,500,000 | PUT | SHARED |
| 464288953 | — | ISHARES TR | $322.5M | 10.3% | 4,000,000 | PUT | SHARED |
| 78463V957 | — | SPDR GOLD TR | $198.2M | 6.32% | 500,000 | PUT | SHARED |
| 345370CZ1 | F 0 03/15/26 | FORD MTR CO | $119.5M | 3.81% | 115,000,000 | Common | SHARED |
| 285512109 | EA | ELECTRONIC ARTS INC | $108.1M | 3.44% | 528,950 | Common | SHARED |
| 939653101 | ELME | ELME COMMUNITIES | $98.1M | 3.13% | 5,638,128 | Common | SHARED |
| 01609WBG6 | BABA 0.5 06/01/31 | ALIBABA GROUP HLDG LTD | $77.7M | 2.47% | 50,000,000 | Common | SHARED |
| M2682V108 | CYBR | CYBERARK SOFTWARE LTD | $73.8M | 2.35% | 165,341 | Common | SHARED |
| 35137L204 | FOX | FOX CORP | $58.0M | 1.85% | 893,359 | Common | SHARED |
| 35909D109 | FYBR | FRONTIER COMMUNICATIONS PAR | $56.3M | 1.79% | 1,477,836 | Common | SHARED |
| 644535106 | NGDN | NEW GOLD INC CDA | $54.4M | 1.73% | 6,240,314 | Common | SHARED |
| 09709UV70 | BAC 0.6 05/25/27 MTN | BOFA FIN LLC | $53.4M | 1.70% | 48,735,000 | Common | SHARED |
| 803607AD2 | SRPT 1.25 09/15/27 | SAREPTA THERAPEUTICS INC | $51.7M | 1.65% | 57,306,000 | Common | SHARED |
| 422806208 | HEI/A | HEICO CORP NEW | $48.9M | 1.56% | 193,537 | Common | SHARED |
| 30063P105 | EXK | EXACT SCIENCES CORP | $48.8M | 1.56% | 480,733 | Common | SHARED |
| 023135906 | — | AMAZON COM INC | $46.2M | 1.47% | 200,000 | CALL | SHARED |
| 436440101 | HO1 | HOLOGIC INC | $45.6M | 1.45% | 611,860 | Common | SHARED |
| 62914VAJ5 | NIO 3.875 10/15/29 | NIO INC | $45.6M | 1.45% | 47,000,000 | Common | SHARED |
| 46333XAH1 | IRWD 1.5 06/15/26 | IRONWOOD PHARMACEUTICALS IN | $44.7M | 1.43% | 46,942,000 | Common | SHARED |
| G29687103 | AVDL | AVADEL PHARMACEUTICALS PLC | $44.1M | 1.41% | 2,048,585 | Common | SHARED |
| 26210CAD6 | DBX 0 03/01/28 | DROPBOX INC | $43.8M | 1.40% | 43,553,000 | Common | SHARED |
| 84921RAB6 | SPOT 0 03/15/26 | SPOTIFY USA INC | $42.7M | 1.36% | 37,500,000 | Common | SHARED |
| 05370A108 | RNAGBP | AVIDITY BIOSCIENCES INC | $42.2M | 1.35% | 585,550 | Common | SHARED |
| 29975EAD1 | EB 0.75 09/15/26 | EVENTBRITE INC | $36.3M | 1.16% | 36,995,000 | Common | SHARED |
| 86333MAA6 | LRN 1.125 09/01/27 | STRIDE INC | $34.1M | 1.09% | 25,000,000 | Common | SHARED |
| 594972AJ0 | MSTR 0.625 03/15/30 | STRATEGY INC | $32.8M | 1.05% | 25,892,000 | Common | SHARED |
| 565788AF3 | MARA 0 03/01/30 | MARA HOLDINGS INC | $31.5M | 1.00% | 31,813,000 | Common | SHARED |
| 594972AQ4 | MSTR 0.625 09/15/28 | STRATEGY INC | $30.4M | 0.97% | 26,000,000 | Common | SHARED |
| 98139AAD7 | WK 1.25 08/15/28 | WORKIVA INC | $29.0M | 0.93% | 29,234,000 | Common | SHARED |
| 86800UAB0 | SMCI 3.5 03/01/29 | SUPER MICRO COMPUTER INC | $29.0M | 0.92% | 32,500,000 | Common | SHARED |
| 08265TAB5 | BSY 0.125 01/15/26 | BENTLEY SYS INC | $28.5M | 0.91% | 28,559,000 | Common | SHARED |
| 12685JAE5 | CABO 0 03/15/26 | CABLE ONE INC | $28.3M | 0.90% | 28,668,000 | Common | SHARED |
| 415864107 | NVRI | ENVIRI CORP | $26.8M | 0.85% | 1,495,645 | Common | SHARED |
| 74736LAD1 | QTWO 0.75 06/01/26 | Q2 HLDGS INC | $26.2M | 0.83% | 25,882,000 | Common | SHARED |
| 171757206 | CDTX | CIDARA THERAPEUTICS INC | $25.0M | 0.80% | 112,980 | Common | SHARED |
| G6359F137 | NBR | NABORS INDUSTRIES LTD | $22.4M | 0.72% | 413,294 | Common | SHARED |
| G1169T104 | MRLN | INFLECTION POINT ACQUISITIO | $21.6M | 0.69% | 2,011,897 | Common | SHARED |
| G19307100 | CGCT | CARTESIAN GROWTH CORP III | $20.6M | 0.66% | 2,000,000 | Common | SHARED |
| 531229771 | FWONA | LIBERTY MEDIA CORP DEL | $20.3M | 0.65% | 227,221 | Common | SHARED |
| 49177J102 | KVUE | KENVUE INC | $20.3M | 0.65% | 1,174,353 | Common | SHARED |
| G38648104 | GIG | GIGCAPITAL7 CORP | $19.8M | 0.63% | 1,878,437 | Common | SHARED |
| 401617AF2 | GES 3.75 04/15/28 | GUESS INC | $19.3M | 0.62% | 19,450,000 | Common | SHARED |
| 65249B109 | NWSA | NEWS CORP NEW | $19.0M | 0.61% | 727,579 | Common | SHARED |
| 62914V956 | — | NIO INC | $18.0M | 0.57% | 3,526,600 | PUT | SHARED |
| 10922N103 | BHF | BRIGHTHOUSE FINL INC | $17.8M | 0.57% | 275,390 | Common | SHARED |
| 530909100 | LLYVA | LIBERTY LIVE HOLDINGS INC | $17.1M | 0.55% | 210,332 | Common | SHARED |
| 047726302 | BATRK | ATLANTA BRAVES HLDGS INC | $16.8M | 0.54% | 426,160 | Common | SHARED |
| 44891N208 | IAC | IAC INC | $16.3M | 0.52% | 417,452 | Common | SHARED |
| G4036C106 | GRAF | GRAF GLOBAL CORP | $16.1M | 0.51% | 1,500,000 | Common | SHARED |
| G4405D107 | HVII | HENNESSY CAP INVT CORP VII | $15.5M | 0.49% | 1,500,000 | Common | SHARED |
| 494368903 | — | KIMBERLY-CLARK CORP | $15.4M | 0.49% | 152,400 | CALL | SHARED |
| G1827P106 | CEPT | CANTOR EQUITY PARTNERS II I | $14.9M | 0.47% | 1,321,945 | Common | SHARED |
| G93Y09107 | — | VINE HILL CAP INVT CORP. | $14.8M | 0.47% | 1,373,824 | Common | SHARED |
| G63221108 | MBVI | M3-BRIGADE ACQUISITION VI C | $14.7M | 0.47% | 1,470,000 | Common | SHARED |
| 153527205 | CENTA | CENTRAL GARDEN & PET CO | $13.4M | 0.43% | 460,169 | Common | SHARED |
| 36164V800 | GLIBK | GCI LIBERTY INC | $12.7M | 0.40% | 341,070 | Common | SHARED |
| 464287655 | IWM | ISHARES TR | $12.7M | 0.40% | 51,440 | Common | SHARED |
| G25014120 | CRANU | CRANE HBR ACQUISITION CORP | $12.1M | 0.38% | 1,200,000 | Common | SHARED |
| 10316TAB0 | BOX 0 01/15/26 | BOX INC | $11.5M | 0.37% | 9,808,000 | Common | SHARED |
| 70614WAB6 | PTON 0 02/15/26 | PELOTON INTERACTIVE INC | $11.1M | 0.35% | 11,314,000 | Common | SHARED |
| G4365E103 | HCMA | HCM III ACQUISITION CORP | $10.1M | 0.32% | 1,000,000 | Common | SHARED |
| 85512G106 | STHO | STAR HLDGS | $9.8M | 0.31% | 1,194,275 | Common | SHARED |
| 977852AP7 | WOLF 2.5 06/15/31 | WOLFSPEED INC | $9.2M | 0.29% | 5,990,000 | Common | SHARED |
| G04819101 | ENHA | A PARADISE ACQUISITION CORP | $8.9M | 0.28% | 884,351 | Common | SHARED |
| G24979109 | CHAC | CRANE HBR ACQUISITION CORP | $8.6M | 0.27% | 800,000 | Common | SHARED |
| 803607100 | SRPT | SAREPTA THERAPEUTICS INC | $8.6M | 0.27% | 400,000 | Common | SHARED |
| 92864V608 | EMPD | EMPERY DIGITAL INC | $8.4M | 0.27% | 1,839,151 | Common | SHARED |
| 75134PAB1 | METC 0 11/01/31 | RAMACO RES INC | $7.7M | 0.24% | 9,000,000 | Common | SHARED |
| G1828A108 | CAEP | CANTOR EQUITY PARTNERS III | $7.2M | 0.23% | 710,419 | Common | SHARED |
| 98978V103 | ZTS | ZOETIS INC | $7.0M | 0.22% | 55,667 | Common | SHARED |
| 45783QAB6 | NOTV 3.25 10/15/27 | INOTIV INC | $6.8M | 0.22% | 28,250,000 | Common | SHARED |
| G9709D125 | VHCPU | VINE HILL CAP INVTS CORP II | $6.5M | 0.21% | 650,000 | Common | SHARED |
| 090043AD2 | BILL 0 04/01/27 | BILL HOLDINGS INC | $6.2M | 0.20% | 7,103,000 | Common | SHARED |
| G1828S109 | CEPV | CANTOR EQUITY PARTNERS V IN | $6.2M | 0.20% | 600,000 | Common | SHARED |
| 30334J102 | FGMC | FG MERGER II CORP | $5.6M | 0.18% | 559,889 | Common | SHARED |
| 47074L105 | JAMF | JAMF HLDG CORP | $5.5M | 0.18% | 422,704 | Common | SHARED |
| G1051H101 | TACO | BERTO ACQUISITION CORP | $5.1M | 0.16% | 500,000 | Common | SHARED |
| G2130T108 | INFQ | CHURCHILL CAP CORP X | $5.1M | 0.16% | 323,800 | Common | SHARED |
| G5451A103 | LEGT | LEGATO MERGER CORP III | $4.8M | 0.15% | 444,487 | Common | SHARED |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $4.8M | 0.15% | 16,560 | Common | SHARED |
| 393222AL8 | GPRE 5.25 11/01/30 144A | GREEN PLAINS INC | $4.7M | 0.15% | 4,504,000 | Common | SHARED |
| G9145D127 | TWLVU | TWELVE SEAS INVT CO III | $4.6M | 0.15% | 466,100 | Common | SHARED |
| 820014405 | SBET | SHARPLINK GAMING INC | $4.6M | 0.15% | 512,764 | Common | SHARED |
| G6001S123 | LPCVU | LAUNCHPAD CADENZA ACQUISITI | $4.6M | 0.15% | 458,162 | Common | SHARED |
| M22465104 | CHKP | CHECK POINT SOFTWARE TECH L | $4.3M | 0.14% | 22,976 | Common | SHARED |
| 393222AM6 | GPRE 5.25 11/01/30 UNRS | GREEN PLAINS INC | $4.2M | 0.13% | 4,048,000 | Common | SHARED |
| G9675P102 | WLAC | WILLOW LANE ACQUISITION COR | $4.1M | 0.13% | 321,813 | Common | SHARED |
| 20717M103 | 8QR | CONFLUENT INC | $3.8M | 0.12% | 125,000 | Common | SHARED |
| N4732M903 | — | JBS N.V. | $3.6M | 0.11% | 250,000 | CALL | SHARED |
| 42806J148 | HTZWW | HERTZ GLOBAL HLDGS INC | $3.6M | 0.11% | 1,333,071 | Common | SHARED |
| G42386121 | HCACU | HALL CHADWICK ACQUISITION C | $3.5M | 0.11% | 350,000 | Common | SHARED |
| G4977S128 | ITHAU | ITHAX ACQUISITION CORP III | $3.5M | 0.11% | 350,000 | Common | SHARED |
| G7866D128 | SCIIU | SC II ACQUISITION CORP | $3.3M | 0.11% | 327,678 | Common | SHARED |
| G11448100 | BTDR | BITDEER TECHNOLOGIES GROUP | $3.2M | 0.10% | 283,500 | Common | SHARED |
| G0R78B106 | BCSS | BAIN CAP GSS INVT CORP | $3.0M | 0.10% | 300,000 | Common | SHARED |
| G0701G109 | BDCI | BTC DEV CORP | $3.0M | 0.10% | 300,000 | Common | SHARED |
| G7633M104 | DRDB | ROMAN DBDR ACQUISITION CORP | $2.6M | 0.08% | 250,000 | Common | SHARED |
| 668771116 | GENVR | GEN DIGITAL INC | $2.6M | 0.08% | 582,785 | Common | SHARED |
| G1196A128 | BPACU | BLUEPORT ACQUISITION LTD | $2.5M | 0.08% | 250,000 | Common | SHARED |
| G8773E126 | BEBE/U | TGE VALUE CREATIVE SOLUTION | $2.5M | 0.08% | 250,000 | Common | SHARED |
| 67000B203 | NOVT 6.5 11/01/28 | NOVANTA INC | $2.5M | 0.08% | 45,000 | Common | SHARED |
| 12685JAG0 | CABO 1.125 03/15/28 | CABLE ONE INC | $2.4M | 0.08% | 2,981,000 | Common | SHARED |
| G6032N127 | MESHU | MESHFLOW ACQUISITION CORP | $2.3M | 0.07% | 233,986 | Common | SHARED |
| 62914VAK2 | NIO 4.625 10/15/30 | NIO INC | $2.3M | 0.07% | 2,500,000 | Common | SHARED |
| 38341PAA0 | GOSS 5 06/01/27 | GOSSAMER BIO INC | $2.1M | 0.07% | 3,000,000 | Common | SHARED |
| G81306105 | SVAQU | SILICON VY ACQUISITION CORP | $2.0M | 0.06% | 200,000 | Common | SHARED |
| G1828E100 | CEPF | CANTOR EQUITY PARTNERS IV I | $1.7M | 0.05% | 163,658 | Common | SHARED |
| 963320106 | WHR | WHIRLPOOL CORP | $1.7M | 0.05% | 23,000 | Common | SHARED |
| 68277Q105 | OKUR | ONKURE THERAPEUTICS INC | $1.6M | 0.05% | 542,361 | Common | SHARED |
| 881454102 | IMSR | TERRESTRIAL ENERGY INC | $1.5M | 0.05% | 244,000 | Common | SHARED |
| 008940116 | AISPW | AIRSHIP AI HLDGS INC | $1.4M | 0.04% | 1,708,795 | Common | SHARED |
| G0273J101 | AEXA | AMERICAN EXCEPTIONALISM ACQ | $1.3M | 0.04% | 117,000 | Common | SHARED |
| 78454L100 | SM | SM ENERGY CO | $1.2M | 0.04% | 66,000 | Common | SHARED |
| 21874A114 | CORZW | CORE SCIENTIFIC INC NEW | $1.2M | 0.04% | 140,486 | Common | SHARED |
| N4732M103 | JBS | JBS N.V. | $1.1M | 0.04% | 76,200 | Common | SHARED |
| 24665A103 | DK | DELEK US HLDGS INC NEW | $1.1M | 0.03% | 36,837 | Common | SHARED |
| G4002F109 | GTEN | GORES HLDGS X INC | $1.0M | 0.03% | 100,000 | Common | SHARED |
| 872590104 | TMUS | T-MOBILE US INC | $1.0M | 0.03% | 5,000 | Common | SHARED |
| G8254P129 | SCPQU | SOCIAL COMM PARTNERS CORP | $1.0M | 0.03% | 100,000 | Common | SHARED |
| 03214Q116 | AMPX/WS | AMPRIUS TECHNOLOGIES INC | $979,149 | 0.03% | 380,992 | Common | SHARED |
| 36164V602 | GLIBA | GCI LIBERTY INC | $978,566 | 0.03% | 26,541 | Common | SHARED |
| 565788AB2 | MARA 1 12/01/26 | MARA HOLDINGS INC | $938,750 | 0.03% | 1,000,000 | Common | SHARED |
| G3810N122 | GPACU | GENERAL PURP ACQUISITION CO | $893,713 | 0.03% | 89,282 | Common | SHARED |
| 024061103 | DCH | AMERICAN AXLE & MFG HLDGS I | $865,350 | 0.03% | 135,000 | Common | SHARED |
| 927950113 | VWAVW | VISIONWAVE HOLDINGS INC | $864,343 | 0.03% | 738,755 | Common | SHARED |
| 63938C108 | NAVI | NAVIENT CORPORATION | $845,000 | 0.03% | 65,000 | Common | SHARED |
| G1352R121 | BLRKU | BLUEROCK ACQUISITION CORP | $788,500 | 0.03% | 78,850 | Common | SHARED |
| X3R81D110 | AFRIW | FORAFRIC GLOBAL PLC | $725,498 | 0.02% | 518,213 | Common | SHARED |
| 881454110 | IMSRW | TERRESTRIAL ENERGY INC | $646,600 | 0.02% | 305,000 | Common | SHARED |
| 42806J700 | HTZ | HERTZ GLOBAL HLDGS INC | $629,352 | 0.02% | 122,442 | Common | SHARED |
| 500081112 | KDKRW | KODIAK AI INC. | $605,594 | 0.02% | 395,813 | Common | SHARED |
| G63212115 | MBAVW | M3BRIGADE ACQUISITION V COR | $586,268 | 0.02% | 670,020 | Common | SHARED |
| 530909308 | LLYVK | LIBERTY LIVE HOLDINGS INC | $585,862 | 0.02% | 7,045 | Common | SHARED |
| 44955L155 | IAUX/WS | I-80 GOLD CORP W EXP 11/16/202 | $570,080 | 0.02% | 700,000 | Common | SHARED |
| G19307126 | CGCTW | CARTESIAN GROWTH CORP III | $569,519 | 0.02% | 711,721 | Common | SHARED |
| 20030N101 | CMCSA | COMCAST CORP NEW | $538,020 | 0.02% | 18,000 | Common | SHARED |
| G5568L117 | LZM/WS | LIFEZONE METALS LIMITED | $525,252 | 0.02% | 1,278,608 | Common | SHARED |
| N68722110 | SHMDW | SCHMID GROUP N.V. | $487,919 | 0.02% | 334,191 | Common | SHARED |
| G77676123 | SAC/U | SAFEGUARD ACQUISITION CORP | $463,537 | 0.01% | 45,963 | Common | SHARED |
| 879433829 | TDS | TELEPHONE & DATA SYS INC | $410,000 | 0.01% | 10,000 | Common | SHARED |
| 89278D125 | TBMCR | TRAILBLAZER MERGER CORP I | $408,845 | 0.01% | 1,685,264 | Common | SHARED |
| G01341133 | AFJKR | AIMEI HEALTH TECHNOLOGY CO | $360,000 | 0.01% | 900,000 | Common | SHARED |
| 74841A113 | QETAR | QUETTA ACQUISITION CORP | $287,348 | 0.01% | 140,857 | Common | SHARED |
| G3106N117 | — | EQV VENTURES ACQUISITION CO | $250,634 | 0.01% | 522,046 | Common | SHARED |
| 67190B120 | OAKUR | OAK WOODS ACQUISITION CORP | $224,151 | 0.01% | 897,322 | Common | SHARED |
| G9877L115 | CHARR | CHARLTON ARIA ACQUISITION C | $223,891 | 0.01% | 1,178,372 | Common | SHARED |
| 98944F117 | ZEOWW | ZEO ENERGY CORP | $221,923 | 0.01% | 2,175,712 | Common | SHARED |
| G75389117 | RFAIR | RF ACQUISITION CORP II | $220,397 | 0.01% | 1,836,641 | Common | SHARED |
| G32168125 | EURKR | EUREKA ACQUISITION CORP | $216,266 | 0.01% | 490,956 | Common | SHARED |
| 651229106 | NWL | NEWELL BRANDS INC | $215,760 | 0.01% | 58,000 | Common | SHARED |
| G2616C124 | DSACU | DAEDALUS SPL ACQUISITION CO | $214,256 | 0.01% | 21,319 | Common | SHARED |
| G4375F116 | — | HAYMAKER ACQUISITION CORP I | $212,238 | 0.01% | 136,928 | Common | SHARED |
| 916931207 | ULYX | URGENTLY INC | $200,744 | 0.01% | 68,748 | Common | SHARED |
| G3864J118 | GIWWR | GIGCAPITAL8 CORP | $193,750 | 0.01% | 625,000 | Common | SHARED |
| G9580A117 | VNMEW | VENDOME ACQUISITION CORP I | $193,595 | 0.01% | 774,071 | Common | SHARED |
| G21301117 | CCIXW | CHURCHILL CAPITAL CORP IX | $186,181 | 0.01% | 218,985 | Common | SHARED |
| G1148A119 | BKHAR | BLACK HAWK ACQUISITION CORP | $185,307 | 0.01% | 142,544 | Common | SHARED |
| G4036C122 | GRAF/WS | GRAF GLOBAL CORP | $184,799 | 0.01% | 408,848 | Common | SHARED |
| G1331C112 | BGLWW | BLUE GOLD LTD | $179,126 | 0.01% | 407,105 | Common | SHARED |
| G01336117 | AIIA-R | AI INFRASTRUCTURE ACQUISI | $175,341 | 0.01% | 674,389 | Common | SHARED |
| G5451A111 | LEGT/WS | LEGATO MERGER CORP III | $170,035 | 0.01% | 414,619 | Common | SHARED |
| G0705H103 | BDMD | BAIRD MED INVT HLDGS LTD | $170,000 | 0.01% | 125,000 | Common | SHARED |
| G63221116 | MBVIW | M3-BRIGADE ACQUISITION VI C | $168,159 | 0.01% | 454,484 | Common | SHARED |
| G04104124 | APXTW | APEX TREAS CORP | $167,425 | 0.01% | 602,900 | Common | SHARED |
| 296424112 | ESHAR | ESH ACQUISITION CORP | $164,730 | 0.01% | 803,560 | Common | SHARED |
| G2847J112 | DMAAR | DRUGS MADE IN AMER ACQUTN C | $161,707 | 0.01% | 1,024,112 | Common | SHARED |
| 07323B118 | BAYAR | BAYVIEW ACQUISITION CORP | $159,875 | 0.01% | 809,082 | Common | SHARED |
| 74277P113 | BRRWW | PROCAP FINL INC | $158,078 | 0.01% | 225,825 | Common | SHARED |
| G4R52R103 | HPAI | HELPORT AI LTD | $156,975 | 0.01% | 37,375 | Common | SHARED |
| G6375X112 | NMPAR | NMP ACQUISITION CORP | $146,987 | 0.00% | 731,280 | Common | SHARED |
| G0232F133 | ALCWF | ALCHEMY INVTS ACQUISITN COR | $145,200 | 0.00% | 691,430 | Common | SHARED |
| G7387B114 | QUMSR | QUANTUMSPHERE ACQUISITION C | $143,716 | 0.00% | 684,037 | Common | SHARED |
| 683712103 | OPEN | OPENDOOR TECHNOLOGIES INC | $143,068 | 0.00% | 24,540 | Common | SHARED |
| G3933N132 | GTERR | GLOBA TERRA ACQUISITION COR | $138,728 | 0.00% | 1,066,316 | Common | SHARED |
| G8559L120 | SSEAR | STARRY SEA ACQUISITION CORP | $133,314 | 0.00% | 466,132 | Common | SHARED |
| G04819119 | — | A PARADISE ACQUISITION CORP | $132,664 | 0.00% | 530,657 | Common | SHARED |
| G93A7H112 | VACHW | VOYAGER ACQUISITION CORP | $130,242 | 0.00% | 566,762 | Common | SHARED |
| 29103K118 | FLDDW | FOLD HLDGS INC | $128,417 | 0.00% | 676,948 | Common | SHARED |
| G1000R127 | — | AA MISSION ACQUISITION CORP | $125,138 | 0.00% | 737,405 | Common | SHARED |
| G1993W117 | CAPNR | CAYSON ACQUISITION CORP | $123,313 | 0.00% | 540,845 | Common | SHARED |
| G8118C116 | SDHIR | SIDDHI ACQUISITION CORP | $120,917 | 0.00% | 483,666 | Common | SHARED |
| G87890110 | TVAIR | THAYER VENTURES ACQ CORP II | $118,632 | 0.00% | 564,913 | Common | SHARED |
| G1331A116 | BACCR | BLUE ACQUISITION CORP. | $115,720 | 0.00% | 385,733 | Common | SHARED |
| G5225W126 | KBONU | KARBON CAP PARTNERS CORP | $115,453 | 0.00% | 11,465 | Common | SHARED |
| 12664M129 | NOEMR | CO2 ENERGY TRANSITION CORP | $111,866 | 0.00% | 588,770 | Common | SHARED |
| G5S86M126 | LPAAW | LAUNCH ONE ACQUISITION CORP | $110,335 | 0.00% | 441,338 | Common | SHARED |
| G4569C119 | HVMCW | HIGHVIEW MERGER CORP | $110,312 | 0.00% | 408,108 | Common | SHARED |
| G5093B113 | JENA-R | JENA ACQUISITION CORP II | $110,061 | 0.00% | 562,398 | Common | SHARED |
| G6005T119 | MKLYR | MCKINLEY ACQUISITION CORP | $110,000 | 0.00% | 1,000,000 | Common | SHARED |
| G5354C115 | LKSPR | LAKE SUPERIOR ACQUISITION C | $109,433 | 0.00% | 58,835 | Common | SHARED |
| G2574F127 | CRACR | CROWN RESV ACQUISITION CORP | $108,000 | 0.00% | 600,000 | Common | SHARED |
| G93Y0A112 | UYSCR | UY SCUTI ACQUISITION CORP. | $107,600 | 0.00% | 400,000 | Common | SHARED |
| G2124S116 | CHPGR | CHAMPIONSGATE ACQUISITION C | $106,697 | 0.00% | 576,739 | Common | SHARED |
| G1152A120 | FUFUW | BITFUFU INC | $105,130 | 0.00% | 525,648 | Common | SHARED |
| G7500M104 | RNW | RENEW ENERGY GLOBAL PLC | $97,395 | 0.00% | 17,238 | Common | SHARED |
| G7552W117 | RIBBR | RIBBON ACQUISITION CORP | $96,132 | 0.00% | 400,549 | Common | SHARED |
| G20315118 | ALFUW | CENTURION ACQUISITION CORP | $95,722 | 0.00% | 299,600 | Common | SHARED |
| G4791J114 | INACR | INDIGO ACQUISITION CORP | $92,357 | 0.00% | 580,860 | Common | SHARED |
| G4627B111 | HSPTR | HORIZON SPACE ACQUISITION I | $90,221 | 0.00% | 563,884 | Common | SHARED |
| N20967100 | CNCKW | COINCHECK GROUP NV | $87,356 | 0.00% | 191,991 | Common | SHARED |
| G1514D127 | YHNAR | YHN ACQUISITION I LTD | $85,774 | 0.00% | 659,799 | Common | SHARED |
| 12664M111 | NOEMW | CO2 ENERGY TRANSITION CORP | $83,626 | 0.00% | 494,830 | Common | SHARED |
| G8431T119 | SIMAW | SIM ACQUISITION CORP. I | $83,495 | 0.00% | 387,628 | Common | SHARED |
| 84757T113 | MDAIW | SPECTRAL AI INC | $81,572 | 0.00% | 181,272 | Common | SHARED |
| G3530C117 | FSHPR | FLAG SHIP ACQUISITION CORP | $81,261 | 0.00% | 451,449 | Common | SHARED |
| G7117W115 | PACHW | PIONEER ACQUISITION I CORP | $80,910 | 0.00% | 311,191 | Common | SHARED |
| G7314B120 | QSEAR | QUARTZSEA ACQUISITION CORP | $80,080 | 0.00% | 400,000 | Common | SHARED |
| G5353S137 | LCCCR | LAKESHORE ACQUISITION III C | $78,426 | 0.00% | 312,328 | Common | SHARED |
| G1051H119 | TACOW | BERTO ACQUISITION CORP | $76,778 | 0.00% | 207,508 | Common | SHARED |
| G86880146 | TAVIR | TAVIA ACQUISITION CORP | $76,326 | 0.00% | 364,673 | Common | SHARED |
| G63369113 | MRNOW | MURANO GLOBAL INVTS PLC | $75,890 | 0.00% | 2,885,542 | Common | SHARED |
| G0750N112 | AXINR | AXIOM INTELLIGENCE AC CORP | $75,557 | 0.00% | 359,794 | Common | SHARED |
| G0544A145 | ASPCR | A SPAC III ACQUISITION CORP | $73,622 | 0.00% | 387,486 | Common | SHARED |
| 49876K111 | GRMLW | KLOTHO NEUROSCIENCES INC | $69,912 | 0.00% | 720,744 | Common | SHARED |
| G37068114 | FVNNR | FUTURE VISION II ACQUISITIO | $68,591 | 0.00% | 526,411 | Common | SHARED |
| G3933N124 | GTERW | GLOBA TERRA ACQUISITION COR | $68,313 | 0.00% | 543,457 | Common | SHARED |
| G82745137 | SOUL-R | SOULPOWER ACQUISITION CORP | $67,262 | 0.00% | 384,355 | Common | SHARED |
| G7840J118 | SCAGW | SCAGE FUTURE | $63,443 | 0.00% | 976,051 | Common | SHARED |
| G2853N114 | DTSQR | DT CLOUD STAR ACQUISITION C | $62,975 | 0.00% | 449,500 | Common | SHARED |
| G2616F119 | BCARW | D. BORAL ARC ACQ I CORP. | $62,054 | 0.00% | 170,807 | Common | SHARED |
| G4814G113 | DYORW | INSIGHT DIGITAL PARTNERS II | $61,409 | 0.00% | 186,087 | Common | SHARED |
| G5380J118 | LANV/WS | LANVIN GROUP HOLDINGS LIMIT | $60,901 | 0.00% | 4,613,706 | Common | SHARED |
| G7006A117 | PERFF | PERFECT CORP | $60,780 | 0.00% | 2,026,005 | Common | SHARED |
| G2867S117 | IPODW | DUNE ACQUISITION CORP II | $60,085 | 0.00% | 234,248 | Common | SHARED |
| G17564116 | CRAQR | CAL REDWOOD ACQUISITION COR | $60,000 | 0.00% | 200,000 | Common | SHARED |
| G6993G111 | PELIR | PELICAN ACQUISITION CORP | $59,816 | 0.00% | 260,069 | Common | SHARED |
| G73944111 | RAAQW | REAL ASSET ACQUISITION CORP | $58,937 | 0.00% | 130,971 | Common | SHARED |
| G8316B118 | SPKLW | SPARK I ACQUISITION CORP | $58,650 | 0.00% | 186,192 | Common | SHARED |
| G3226F119 | EVOXW | EVOLUTION GLOBAL ACQUISITIO | $56,718 | 0.00% | 148,244 | Common | SHARED |
| G2949T117 | DNMXW | DYNAMIX CORP III | $55,447 | 0.00% | 149,856 | Common | SHARED |
| G5501C117 | CUBWW | LIONHEART HOLDINGS | $55,023 | 0.00% | 364,389 | Common | SHARED |
| G51405119 | CRGOW | FREIGHTOS LTD | $54,882 | 0.00% | 366,859 | Common | SHARED |
| G38648120 | GIGGW | GIGCAPITAL7 CORP | $53,693 | 0.00% | 130,958 | Common | SHARED |
| G24243126 | COPL/WS | COPLEY ACQUISITION CORP W EXP 99/99/999 | $52,838 | 0.00% | 234,159 | Common | SHARED |
| Y9390M111 | VFSWW | VINFAST AUTO LTD | $52,427 | 0.00% | 264,782 | Common | SHARED |
| G7633M112 | DRDBW | ROMAN DBDR ACQUISITION CORP | $51,934 | 0.00% | 89,542 | Common | SHARED |
| 020952107 | AMOD | ALPHA MODUS HLDGS INC | $51,761 | 0.00% | 112,500 | Common | SHARED |
| G2295P115 | COLAR | COLUMBUS ACQUISITION CORP | $51,578 | 0.00% | 147,365 | Common | SHARED |
| G85096116 | APACR | STONEBRIDGE ACQUISITION II | $51,564 | 0.00% | 429,699 | Common | SHARED |
| 84445C118 | SLND/WS | SOUTHLAND HLDGS INC | $50,713 | 0.00% | 589,681 | Common | SHARED |
| G4992A136 | JACS-R | JACKSON ACQUISITION CO II | $49,279 | 0.00% | 197,115 | Common | SHARED |
| G0223V121 | ATMCW | ALPHATIME ACQUISITION CORP | $47,693 | 0.00% | 680,354 | Common | SHARED |
| 171756109 | DAIC | CID HOLDCO INC | $44,880 | 0.00% | 100,000 | Common | SHARED |
| G52443127 | KVACW | KEEN VISION ACQUISITION COR | $44,220 | 0.00% | 867,055 | Common | SHARED |
| 44934N116 | IBACR | IB ACQUISITION CORP | $43,628 | 0.00% | 632,289 | Common | SHARED |
| G6858G115 | OBAWW | OXLEY BRIDGE ACQ LTD | $43,416 | 0.00% | 197,257 | Common | SHARED |
| G9717M117 | WTGUR | WINTERGREEN ACQUISITION COR | $41,452 | 0.00% | 259,076 | Common | SHARED |
| G1000S125 | YCY/WS | AA MISSION ACQUISITION CORP | $40,060 | 0.00% | 200,000 | Common | SHARED |
| G6180J118 | MMTXW | MILUNA ACQUISITION CORP | $38,550 | 0.00% | 300,000 | Common | SHARED |
| G8662J129 | TDWDR | TAILWIND 2.0 ACQUISITION CO | $35,995 | 0.00% | 219,480 | Common | SHARED |
| G63638111 | NAMMW | NAMIB MINERALS | $35,439 | 0.00% | 493,585 | Common | SHARED |
| G8901A111 | TACHW | TITAN ACQUISITION CORP | $34,466 | 0.00% | 98,503 | Common | SHARED |
| G67751126 | ORIQW | ORIGIN INVT CORP I | $34,430 | 0.00% | 179,322 | Common | SHARED |
| 68840D110 | OSRHW | OSR HLDGS INC | $33,085 | 0.00% | 736,858 | Common | SHARED |
| G3473K118 | FIGXW | FIGX CAP ACQUISITION CORP. | $32,372 | 0.00% | 117,844 | Common | SHARED |
| 923372114 | VGASW | VERDE CLEAN FUELS INC | $31,793 | 0.00% | 388,671 | Common | SHARED |
| G18932114 | CPTWF | CAPTIVISION INC | $30,626 | 0.00% | 2,355,872 | Common | SHARED |
| G3037D113 | EMISR | EMMIS ACQUISITION CORP. | $30,300 | 0.00% | 200,000 | Common | SHARED |
| G6004G118 | MACIW | MELAR ACQUISITION CORP. I | $29,841 | 0.00% | 212,999 | Common | SHARED |
| G1069P129 | BSAAR | BEST SPAC I ACQUISITION COR | $28,226 | 0.00% | 186,925 | Common | SHARED |
| 092915115 | BZAIW | BLAIZE HLDGS INC | $26,967 | 0.00% | 72,785 | Common | SHARED |
| G5304D114 | KCHVR | KOCHAV DEFENSE ACQUI CO | $26,880 | 0.00% | 112,000 | Common | SHARED |
| 182744110 | KIDZW | CLASSOVER HLDGS INC | $26,125 | 0.00% | 2,177,084 | Common | SHARED |
| 351665112 | FOXXW | FOXX DEV HLDGS INC W EXP 09/26/202 | $23,398 | 0.00% | 190,227 | Common | SHARED |
| G2574S103 | CRACW | CROWN RESV ACQUISITION CORP | $20,780 | 0.00% | 244,468 | Common | SHARED |
| G4924G110 | IGACR | INVEST GREEN ACQUISITION CO | $18,581 | 0.00% | 97,793 | Common | SHARED |
| G8193F133 | SZZLR | SIZZLE ACQUISITION CORP. II | $17,289 | 0.00% | 108,056 | Common | SHARED |
| G38617117 | GIBOW | GIBO HOLDINGS LTD. | $15,269 | 0.00% | 669,680 | Common | SHARED |
| 36467W117 | GME/WS | GAMESTOP CORP NEW | $14,508 | 0.00% | 4,820 | Common | SHARED |
| 462837113 | UCFIW | CN HEALTHY FOOD TECH GROUP | $12,640 | 0.00% | 140,447 | Common | SHARED |
| G1143H119 | BIXIW | BITCOIN INFRASTRUCTURE ACQU | $12,211 | 0.00% | 43,612 | Common | SHARED |
| 171756117 | DAICW | CID HOLDCO INC | $11,006 | 0.00% | 137,407 | Common | SHARED |
| G0136H110 | AERTW | AERIES TECHNOLOGY INC | $10,883 | 0.00% | 290,215 | Common | SHARED |
| G2131A124 | CCXIU | CHURCHILL CAP CORP XI | $10,210 | 0.00% | 1,000 | Common | SHARED |
| 40472A128 | EONR/WS | EON RESOURCES INC | $10,172 | 0.00% | 214,141 | Common | SHARED |
| G5414D129 | LFACU | LEAPFROG ACQUISITION CORP | $10,005 | 0.00% | 1,000 | Common | SHARED |
| G0081J129 | AEAQU | ACTIVATE ENERGY ACQUISITION | $10,000 | 0.00% | 1,000 | Common | SHARED |
| 738920115 | ASBPW | ASPIRE BIOPHARMA HLDGS INC | $8,668 | 0.00% | 525,333 | Common | SHARED |
| 80007P869 | SD | SANDRIDGE ENERGY INC | $8,297 | 0.00% | 575 | Common | SHARED |
| 854936119 | SDSTW | STARDUST PWR INC | $8,262 | 0.00% | 97,204 | Common | SHARED |
| 075896159 | BBBY/WS | BED BATH & BEYOND INC | $6,704 | 0.00% | 10,157 | Common | SHARED |
| G04537125 | ATIIW | ARCHIMEDES TECH SPAC PARTNE | $5,551 | 0.00% | 10,109 | Common | SHARED |
| 53271X116 | LIMNW | LIMINATUS PHARMA INC. | $5,546 | 0.00% | 158,468 | Common | SHARED |
| G9503X111 | WALDW | WALDENCAST PLC | $5,313 | 0.00% | 158,605 | Common | SHARED |
| 182744102 | — | CLASSOVER HLDGS INC | $4,753 | 0.00% | 26,701 | Common | SHARED |
| G9582G112 | VACI/WS | VIKING ACQUISITION CORP I | $3,500 | 0.00% | 8,333 | Common | SHARED |
| N20967118 | CNCK | COINCHECK GROUP NV | $2,860 | 0.00% | 1,135 | Common | SHARED |
| G0085J109 | ADSEW | ADS TEC ENERGY PLC | $2,250 | 0.00% | 1,891 | Common | SHARED |
| 320703408 | CLDI | CALIDI BIOTHERAPEUTICS INC | $1,218 | 0.00% | 1,042 | Common | SHARED |
| G4375F108 | HYAC | HAYMAKER ACQUISITION CORP I | $1,138 | 0.00% | 100 | Common | SHARED |
| G7500M120 | RNWWW | RENEW ENERGY GLOBAL PLC | $975 | 0.00% | 108,307 | Common | SHARED |
| G4365E111 | HCMAW | HCM III ACQUISITION CORP | $880 | 0.00% | 1,849 | Common | SHARED |
| G2946P118 | EGHAR | EGH ACQUISITION CORP. | $210 | 0.00% | 875 | Common | SHARED |
| G2851K112 | DMIIR | DRUGS MADE IN AMER ACQ II C | $140 | 0.00% | 1,003 | Common | SHARED |
| G63369105 | MRNO | MURANO GLOBAL INVTS PLC | $116 | 0.00% | 200 | Common | SHARED |
| G2868C111 | DAAQW | DIGITAL ASSET ACQUISITION C | $48 | 0.00% | 100 | Common | SHARED |
| G9878M112 | — | DISTOKEN ACQUISITION CORP W EXP 11/30/202 | $35 | 0.00% | 355,974 | Common | SHARED |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.