OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) — Q3 2025 13F Holdings

Holdings as of September 30, 2025

Portfolio value

$1.66T

Holdings count

263

263 positions reported

Accession #

0001132716-26-000002

Form 13F-HR/A

Loading quarter-over-quarter changes...

All Reported Positions

263 positions sorted by value

263 positions

Issuer	CUSIP	Valuev	Weight	Shares/Prin.	Discretion	Voting (Sole/Shared/None)
VERONA PHASPONS	925050106	$457.09B	27.57%	4,283,462shares	DFND	4,283,462 / 0 / 0
MR COOPERCOM	62482R107	$168.63B	10.17%	799,969shares	DFND	799,969 / 0 / 0
SPIRIT AERCOMCL	848574109	$106.27B	6.41%	2,753,215shares	DFND	2,753,215 / 0 / 0
NVIDIA CORCOM	67066G104	$35.17B	2.12%	188,520shares	DFND	188,520 / 0 / 0
SNOWFLAKENOTE1	833445AB5	$30.39B	1.83%	20,000,000principal	DFND	20,000,000 / 0 / 0
PELOTON INNOTE2	70614WAB6	$26.80B	1.62%	27,352,000principal	DFND	27,352,000 / 0 / 0
HALOZYME TNOTE0	40637HAD1	$20.66B	1.25%	18,000,000principal	DFND	18,000,000 / 0 / 0
ALLIANT ENCOM	018802108	$20.42B	1.23%	302,980shares	DFND	302,980 / 0 / 0
DRAFTKINGSNOTE3	26142RAB0	$19.82B	1.20%	22,000,000principal	DFND	22,000,000 / 0 / 0
SOUTHERN CNOTE4	842587DZ7	$19.48B	1.17%	17,500,000principal	DFND	17,500,000 / 0 / 0
ENTERGY COCOM	29364G103	$19.41B	1.17%	208,330shares	DFND	208,330 / 0 / 0
SOUTHERN CCOM	842587107	$19.14B	1.15%	201,920shares	DFND	201,920 / 0 / 0
PACKAGINGCOM	695156109	$16.51B	1.00%	75,740shares	DFND	75,740 / 0 / 0
DUKE ENERGNOTE4	26441CBY0	$16.12B	0.97%	15,000,000principal	DFND	15,000,000 / 0 / 0
AMERICAN WNOTE3	03040WBE4	$16.05B	0.97%	16,000,000principal	DFND	16,000,000 / 0 / 0
MATTEL INCCOM	577081102	$15.87B	0.96%	943,229shares	DFND	943,229 / 0 / 0
MERCADOLIBCOM	58733R102	$15.35B	0.93%	6,570shares	DFND	6,570 / 0 / 0
CENTERPOINCOM	15189T107	$15.04B	0.91%	387,665shares	DFND	387,665 / 0 / 0
PLYMOUTH ICOM	729640102	$14.56B	0.88%	651,886shares	DFND	651,886 / 0 / 0
SPOTIFY USNOTE3	84921RAB6	$13.70B	0.83%	10,000,000principal	DFND	10,000,000 / 0 / 0
WASTE CONNCOM	94106B101	$11.27B	0.68%	64,100shares	DFND	64,100 / 0 / 0
ITAU UNIBASPONA	465562106	$10.97B	0.66%	1,494,716shares	DFND	1,494,716 / 0 / 0
LIVE NATIOCOM	538034109	$10.95B	0.66%	67,000shares	DFND	67,000 / 0 / 0
EMBRAER S.SPONS	29082A107	$10.40B	0.63%	172,120shares	DFND	172,120 / 0 / 0
FIRSTENERGNOTE4	337932AR8	$10.40B	0.63%	10,000,000principal	DFND	10,000,000 / 0 / 0
CROCS INCCOM	227046109	$10.36B	0.62%	124,000shares	DFND	124,000 / 0 / 0
B2GOLD CORCOM	11777Q209	$10.18B	0.61%	2,056,154shares	DFND	2,056,154 / 0 / 0
HALOZYME TNOTE1	40637HAF6	$9.87B	0.60%	7,000,000principal	DFND	7,000,000 / 0 / 0
OCCIDENTALCOM	674599105	$9.77B	0.59%	206,784shares	DFND	206,784 / 0 / 0
C H ROBINSCOMNE	12541W209	$9.51B	0.57%	71,800shares	DFND	71,800 / 0 / 0
KASPI KZ JSPONS	48581R205	$9.30B	0.56%	113,903shares	DFND	113,903 / 0 / 0
SYNOPSYS ICOM	871607107	$9.28B	0.56%	18,801shares	DFND	18,801 / 0 / 0
CLEAN HARBCOM	184496107	$9.16B	0.55%	39,450shares	DFND	39,450 / 0 / 0
NVENT ELECSHS	G6700G107	$9.12B	0.55%	92,500shares	DFND	92,500 / 0 / 0
AIR PRODSCOM	009158106	$8.60B	0.52%	31,535shares	DFND	31,535 / 0 / 0
UNITED RENCOM	911363109	$8.37B	0.50%	8,770shares	DFND	8,770 / 0 / 0
NRG ENERGYCOMNE	629377508	$7.93B	0.48%	48,955shares	DFND	48,955 / 0 / 0
VISTRA CORCOM	92840M102	$7.89B	0.48%	40,280shares	DFND	40,280 / 0 / 0
PENTAIR PLSHS	G7S00T104	$7.53B	0.45%	67,987shares	DFND	67,987 / 0 / 0
JENA ACQUIUSDCL	G5093B105	$7.11B	0.43%	700,000shares	DFND	700,000 / 0 / 0
PONY AI INSPONS	732908108	$7.00B	0.42%	311,224shares	DFND	311,224 / 0 / 0
DELTA AIRCOMNE	247361702	$6.53B	0.39%	115,148shares	DFND	115,148 / 0 / 0
COINBASE GCOMCL	19260Q107	$6.41B	0.39%	19,000shares	DFND	19,000 / 0 / 0
AMPHENOL CCLA	032095101	$6.19B	0.37%	50,000shares	DFND	50,000 / 0 / 0
PDD HOLDINSPONS	722304102	$6.19B	0.37%	46,801shares	DFND	46,801 / 0 / 0
HUB GROUPCLA	443320106	$5.92B	0.36%	172,000shares	DFND	172,000 / 0 / 0
META PLATFCLA	30303M102	$5.88B	0.35%	8,000shares	DFND	8,000 / 0 / 0
VULCAN MATCOM	929160109	$5.83B	0.35%	18,950shares	DFND	18,950 / 0 / 0
PAGSEGUROCOMCL	G68707101	$5.82B	0.35%	582,357shares	DFND	582,357 / 0 / 0
MARTIN MARCOM	573284106	$5.74B	0.35%	9,100shares	DFND	9,100 / 0 / 0
GORES HLDGSHSCL	G4002F109	$5.62B	0.34%	550,000shares	DFND	550,000 / 0 / 0
INTER & COCLASS	G4R20B107	$5.44B	0.33%	589,643shares	DFND	589,643 / 0 / 0
TESLA INCCOM	88160R101	$5.25B	0.32%	11,800shares	DFND	11,800 / 0 / 0
GATES INDLORDSH	G39108108	$5.23B	0.32%	210,790shares	DFND	210,790 / 0 / 0
BOLD EAGLECLA	G2003N105	$5.20B	0.31%	500,000shares	DFND	500,000 / 0 / 0
WYNN RESORCOM	983134107	$5.13B	0.31%	40,000shares	DFND	40,000 / 0 / 0
EGH ACQUISSHSCL	G2946P100	$5.00B	0.30%	500,000shares	DFND	500,000 / 0 / 0
QUANTA SVCCOM	74762E102	$4.97B	0.30%	12,000shares	DFND	12,000 / 0 / 0
HOWMET AERCOM	443201108	$4.91B	0.30%	25,000shares	DFND	25,000 / 0 / 0
AMERICAN ECOM	025537101	$4.72B	0.28%	42,000shares	DFND	42,000 / 0 / 0
BLEICHROEDSHSCL	G1169T104	$4.68B	0.28%	450,000shares	DFND	450,000 / 0 / 0
AMERICAN EORDCL	G0273J101	$4.37B	0.26%	400,000shares	DFND	400,000 / 0 / 0
ARISTA NETCOMSH	040413205	$4.37B	0.26%	30,000shares	DFND	30,000 / 0 / 0
INTEL CORPCOM	458140100	$4.29B	0.26%	128,000shares	DFND	128,000 / 0 / 0
AGRICULTURSHSCL	G0131Y100	$4.20B	0.25%	384,160shares	DFND	384,160 / 0 / 0
MASTEC INCCOM	576323109	$4.06B	0.24%	19,080shares	DFND	19,080 / 0 / 0
CAMECO CORCOM	13321L108	$3.96B	0.24%	47,165shares	DFND	47,165 / 0 / 0
FOMENTO ECSPONA	344419106	$3.95B	0.24%	40,075shares	DFND	40,075 / 0 / 0
SNOWFLAKENOTE1	833445AD1	$3.92B	0.24%	2,500,000principal	DFND	2,500,000 / 0 / 0
NEWHOLD INORDSH	G6486E102	$3.82B	0.23%	375,000shares	DFND	375,000 / 0 / 0
RALLIANT CCOM	750940108	$3.80B	0.23%	87,000shares	DFND	87,000 / 0 / 0
BEYOND MEANOTE3	08862EAB5	$3.80B	0.23%	19,000,000principal	DFND	19,000,000 / 0 / 0
LINDE PLCSHS	G54950103	$3.75B	0.23%	7,900shares	DFND	7,900 / 0 / 0
CREDICORPCOM	G2519Y108	$3.75B	0.23%	14,076shares	DFND	14,076 / 0 / 0
HUBBELL INCOM	443510607	$3.73B	0.22%	8,660shares	DFND	8,660 / 0 / 0
GP-ACT IIICLA	G4035N103	$3.71B	0.22%	350,000shares	DFND	350,000 / 0 / 0
ARCOS DORASHSCL	G0457F107	$3.62B	0.22%	536,643shares	DFND	536,643 / 0 / 0
FLUOR CORPCOM	343412102	$3.53B	0.21%	83,890shares	DFND	83,890 / 0 / 0
NORWEGIANSHS	G66721104	$3.33B	0.20%	135,000shares	DFND	135,000 / 0 / 0
LIVE OAK ACLASH	G5509P102	$3.31B	0.20%	324,923shares	DFND	324,923 / 0 / 0
VERTIV HOLCOMCL	92537N108	$3.23B	0.19%	21,400shares	DFND	21,400 / 0 / 0
BANCO SANTSPADR	05965X109	$3.17B	0.19%	119,793shares	DFND	119,793 / 0 / 0
ZEEKR INTESPONA	98923K103	$3.17B	0.19%	104,037shares	DFND	104,037 / 0 / 0
OAKTREE ACSHSCL	G6717R104	$3.15B	0.19%	300,000shares	DFND	300,000 / 0 / 0
ACM RESH ICOMCL	00108J109	$3.11B	0.19%	79,396shares	DFND	79,396 / 0 / 0
VISTA ENERSPONS	92837L109	$3.07B	0.19%	89,299shares	DFND	89,299 / 0 / 0
BANCO BBVASPONS	058934100	$3.07B	0.18%	368,434shares	DFND	368,434 / 0 / 0
CANTOR EQUSHSCL	G1828E100	$3.06B	0.18%	300,000shares	DFND	300,000 / 0 / 0
TEXAS VENTUSDCL	G8772L105	$2.95B	0.18%	275,466shares	DFND	275,466 / 0 / 0
TOAST INCCLA	888787108	$2.92B	0.18%	80,000shares	DFND	80,000 / 0 / 0
GLOBANT SCOM	L44385109	$2.91B	0.18%	50,726shares	DFND	50,726 / 0 / 0
TOWER SEMISHSNE	M87915274	$2.82B	0.17%	39,044shares	DFND	39,044 / 0 / 0
ULTA BEAUTCOM	90384S303	$2.73B	0.16%	5,000shares	DFND	5,000 / 0 / 0
ACCEL ENTECOMCL	00436Q106	$2.73B	0.16%	246,728shares	DFND	246,728 / 0 / 0
SPORTRADARCLASS	H8088L103	$2.69B	0.16%	100,000shares	DFND	100,000 / 0 / 0
AA MISSIONORDSH	G1000R101	$2.63B	0.16%	250,000shares	DFND	250,000 / 0 / 0
CALIFORNIACOMST	13057Q305	$2.63B	0.16%	49,400shares	DFND	49,400 / 0 / 0
BROADCOM ICOM	11135F101	$2.62B	0.16%	7,950shares	DFND	7,950 / 0 / 0
NABORS ENECLA	G6363K106	$2.62B	0.16%	233,912shares	DFND	233,912 / 0 / 0
CHURCHILLCLASH	G21301109	$2.62B	0.16%	250,000shares	DFND	250,000 / 0 / 0
MOUNTAIN LSHSCL	G6301B101	$2.58B	0.16%	250,000shares	DFND	250,000 / 0 / 0
STELLAR VSHSCL	G8475V103	$2.58B	0.16%	250,000shares	DFND	250,000 / 0 / 0
NEW PROVIDUSDCL	G6476A102	$2.54B	0.15%	250,000shares	DFND	250,000 / 0 / 0
CRANE HBRCLA	G24979109	$2.53B	0.15%	250,000shares	DFND	250,000 / 0 / 0
DUNE ACQUISHSCL	G2867S109	$2.53B	0.15%	250,000shares	DFND	250,000 / 0 / 0
EQV VENTURCLAOR	G3106N109	$2.51B	0.15%	242,175shares	DFND	242,175 / 0 / 0
CARTESIANCOMCL	G19307100	$2.51B	0.15%	250,000shares	DFND	250,000 / 0 / 0
THAYER VENCLA	G87890102	$2.51B	0.15%	250,000shares	DFND	250,000 / 0 / 0
BLUE WTR AORDSH	G1368E106	$2.50B	0.15%	250,000shares	DFND	250,000 / 0 / 0
SOLARIUS CSHSCL	G82617104	$2.49B	0.15%	250,000shares	DFND	250,000 / 0 / 0
OXLEY BRIDUSDCL	G6858G107	$2.48B	0.15%	250,000shares	DFND	250,000 / 0 / 0
PIONEER ACCLAOR	G7117W107	$2.48B	0.15%	250,000shares	DFND	250,000 / 0 / 0
CSLM DIGITUSDCL	G2584S101	$2.48B	0.15%	250,000shares	DFND	250,000 / 0 / 0
AXALTA COACOM	G0750C108	$2.44B	0.15%	85,250shares	DFND	85,250 / 0 / 0
NIO INCSPONA	62914V106	$2.30B	0.14%	301,200shares	DFND	301,200 / 0 / 0
LUCID GROUCOM Put	549498202	$2.27B	0.14%	3,165,100shares	DFND	3,165,100 / 0 / 0
VINE HILLORDSH	G93Y09107	$2.14B	0.13%	200,000shares	DFND	200,000 / 0 / 0
VALE S ASPONS	91912E105	$2.12B	0.13%	195,578shares	DFND	195,578 / 0 / 0
AMERICAN ACOM Put	02376R102	$2.11B	0.13%	9,310,000shares	DFND	9,310,000 / 0 / 0
GEN DIGITARIGHT	668771116	$2.11B	0.13%	297,742shares	DFND	297,742 / 0 / 0
LEGATO MERORDSH	G5451A103	$2.08B	0.13%	193,740shares	DFND	193,740 / 0 / 0
ARCHIMEDESORDSH	G04537109	$2.05B	0.12%	200,000shares	DFND	200,000 / 0 / 0
GESHER ACQUSDCL	G3852D107	$2.03B	0.12%	200,000shares	DFND	200,000 / 0 / 0
COHEN CIRCSHSCL	G2254C121	$2.03B	0.12%	200,000shares	DFND	200,000 / 0 / 0
CAL REDWOOCOMCL	G17564108	$2.00B	0.12%	200,000shares	DFND	200,000 / 0 / 0
ADT INC DECOM	00090Q103	$2.00B	0.12%	229,607shares	DFND	229,607 / 0 / 0
BLUE ACQUIORDSH	G1331A108	$2.00B	0.12%	200,000shares	DFND	200,000 / 0 / 0
D R HORTONCOM	23331A109	$1.99B	0.12%	11,720shares	DFND	11,720 / 0 / 0
D. BORAL ASHSCL	G2616F101	$1.98B	0.12%	200,000shares	DFND	200,000 / 0 / 0
FREEPORT-MCLB	35671D857	$1.96B	0.12%	50,000shares	DFND	50,000 / 0 / 0
COMMSCOPECOM	20337X109	$1.94B	0.12%	125,000shares	DFND	125,000 / 0 / 0
SIGNET JEWSHS	G81276100	$1.92B	0.12%	20,000shares	DFND	20,000 / 0 / 0
PACCAR INCCOM	693718108	$1.87B	0.11%	19,000shares	DFND	19,000 / 0 / 0
INTERNATIOCOM	460146103	$1.85B	0.11%	39,970shares	DFND	39,970 / 0 / 0
LEVI STRAUCLACO	52736R102	$1.75B	0.11%	75,000shares	DFND	75,000 / 0 / 0
AXIOM INTEORDSH	G0750N104	$1.74B	0.11%	175,000shares	DFND	175,000 / 0 / 0
COHERENT CCOM	19247G107	$1.72B	0.10%	15,928shares	DFND	15,928 / 0 / 0
ZTO EXPRESSPONS	98980A105	$1.65B	0.10%	85,872shares	DFND	85,872 / 0 / 0
TASKUS INCCLASS	87652V109	$1.63B	0.10%	91,181shares	DFND	91,181 / 0 / 0
ARTIUS IISHSCL	G0509J115	$1.62B	0.10%	160,000shares	DFND	160,000 / 0 / 0
HOME DEPOTCOM	437076102	$1.62B	0.10%	4,000shares	DFND	4,000 / 0 / 0
CENTURIONSHSCL	G20315100	$1.58B	0.10%	150,000shares	DFND	150,000 / 0 / 0
CLEAR CHANCOM	18453H106	$1.58B	0.10%	1,000,000shares	DFND	1,000,000 / 0 / 0
ANDRETTI AORDSH	G26745102	$1.57B	0.09%	150,000shares	DFND	150,000 / 0 / 0
ARMADA ACQCOMCL	G0R38G104	$1.57B	0.09%	150,000shares	DFND	150,000 / 0 / 0
CANTOR EQUSHSCL	G1828A108	$1.54B	0.09%	149,700shares	DFND	149,700 / 0 / 0
SOULPOWERUSDCL	G82745103	$1.51B	0.09%	150,000shares	DFND	150,000 / 0 / 0
PYROPHYTECLASH	G7309T102	$1.49B	0.09%	150,000shares	DFND	150,000 / 0 / 0
EQV VENTURORDSH	G3106Q102	$1.49B	0.09%	150,000shares	DFND	150,000 / 0 / 0
NIKE INCCLB	654106103	$1.39B	0.08%	20,000shares	DFND	20,000 / 0 / 0
AMER SPORTCOMSH	G0260P102	$1.39B	0.08%	40,000shares	DFND	40,000 / 0 / 0
GEOPARK LTUSDSH	G38327105	$1.36B	0.08%	214,222shares	DFND	214,222 / 0 / 0
VERTIV HOLCOM Call	92537N108	$1.36B	0.08%	75,000shares	DFND	75,000 / 0 / 0
NEWMONT COCOM	651639106	$1.35B	0.08%	16,000shares	DFND	16,000 / 0 / 0
SABLE OFFSCOMSH	78574H104	$1.29B	0.08%	74,000shares	DFND	74,000 / 0 / 0
H WORLD GRSPONS	44332N106	$1.29B	0.08%	32,956shares	DFND	32,956 / 0 / 0
CHARTER COCOM Put	16119P108	$1.28B	0.08%	20,500shares	DFND	20,500 / 0 / 0
BILIBILI ISPONS	090040106	$1.21B	0.07%	43,230shares	DFND	43,230 / 0 / 0
TKO GROUPCLA	87256C101	$1.21B	0.07%	6,000shares	DFND	6,000 / 0 / 0
SILVER PEGSHSCL	G8192J102	$1.20B	0.07%	120,000shares	DFND	120,000 / 0 / 0
ALCHEMY INCLAOR	G0232F109	$1.16B	0.07%	100,248shares	DFND	100,248 / 0 / 0
FIVE BELOWCOM	33829M101	$1.16B	0.07%	7,500shares	DFND	7,500 / 0 / 0
ROSS STORECOM	778296103	$1.14B	0.07%	7,500shares	DFND	7,500 / 0 / 0
HAYMAKER ACLASS	G4375F108	$1.14B	0.07%	100,248shares	DFND	100,248 / 0 / 0
DLOCAL LTDCLASS	G29018101	$1.12B	0.07%	78,152shares	DFND	78,152 / 0 / 0
VNET GROUPSPONS	90138A103	$1.11B	0.07%	107,300shares	DFND	107,300 / 0 / 0
1RT ACQUISUSDCL	G6757R105	$1.04B	0.06%	100,000shares	DFND	100,000 / 0 / 0
ALDEL FINLCLA	G01558108	$1.04B	0.06%	100,000shares	DFND	100,000 / 0 / 0
BERTO ACQUORDSH	G1051H101	$1.04B	0.06%	100,000shares	DFND	100,000 / 0 / 0
JACKSON ACCOMSH	G4992A110	$1.04B	0.06%	100,000shares	DFND	100,000 / 0 / 0
ROMAN DBDRORDSH	G7633M104	$1.03B	0.06%	100,000shares	DFND	100,000 / 0 / 0
RITHM ACQUCLA	G75751100	$1.02B	0.06%	100,000shares	DFND	100,000 / 0 / 0
PERIMETERCOMCL	G7010A129	$1.02B	0.06%	100,000shares	DFND	100,000 / 0 / 0
WEN ACQUISCOMCL	G9R39C103	$1.01B	0.06%	100,000shares	DFND	100,000 / 0 / 0
SIZZLE ACQUSDCL	G8193F109	$1.01B	0.06%	100,000shares	DFND	100,000 / 0 / 0
COPLEY ACQORDSH	G24243100	$1.01B	0.06%	100,000shares	DFND	100,000 / 0 / 0
INFLECTIONCLAOR	G47875102	$1.01B	0.06%	100,000shares	DFND	100,000 / 0 / 0
SABRE CORPCOM	78573M104	$1.01B	0.06%	550,900shares	DFND	550,900 / 0 / 0
PELICAN ACSHS	G6993G103	$1.01B	0.06%	100,000shares	DFND	100,000 / 0 / 0
OYSTER ENTORDSH	G6861F104	$1.00B	0.06%	100,000shares	DFND	100,000 / 0 / 0
FIGX CAP AUSDCL	G3473K100	$999.00M	0.06%	100,000shares	DFND	100,000 / 0 / 0
HESAI GROUSPONS	428050108	$980.69M	0.06%	34,900shares	DFND	34,900 / 0 / 0
WARNER BROCOMSE	934423104	$976.50M	0.06%	50,000shares	DFND	50,000 / 0 / 0
PAGAYA TECCLANE	M7S64L123	$936.90M	0.06%	31,556shares	DFND	31,556 / 0 / 0
REAL ASSETSHSCL	G73944103	$916.17M	0.06%	89,645shares	DFND	89,645 / 0 / 0
SHARKNINJACOMSH	G8068L108	$903.59M	0.05%	8,760shares	DFND	8,760 / 0 / 0
STRATEGY ISERIE	594972887	$871.86M	0.05%	9,500shares	DFND	9,500 / 0 / 0
HERTZ GLOBCOM Put	42806J700	$829.98M	0.05%	1,194,300shares	DFND	1,194,300 / 0 / 0
YETI HLDGSCOM	98585X104	$829.50M	0.05%	25,000shares	DFND	25,000 / 0 / 0
SPARK I ACORDSH	G8316B100	$777.26M	0.05%	66,832shares	DFND	66,832 / 0 / 0
CROCS INCCOM Put	227046109	$749.25M	0.05%	81,000shares	DFND	81,000 / 0 / 0
INDIGO ACQORDSH	G4791J106	$747.00M	0.05%	75,000shares	DFND	75,000 / 0 / 0
FORD MTR CCOM Put	345370860	$566.20M	0.03%	900,000shares	DFND	900,000 / 0 / 0
SKILLSOFTCLA	83066P309	$542.83M	0.03%	41,692shares	DFND	41,692 / 0 / 0
CANTOR EQUCLAOR	G1827P106	$527.50M	0.03%	50,000shares	DFND	50,000 / 0 / 0
SILVERBOXSHSCL	G81354105	$500.78M	0.03%	47,830shares	DFND	47,830 / 0 / 0
MAGNITE INCOM Call	55955D100	$453.80M	0.03%	232,000shares	DFND	232,000 / 0 / 0
HARLEY DAVCOM Put	412822108	$431.25M	0.03%	375,000shares	DFND	375,000 / 0 / 0
TRANSOCEANCOM Put	H8817H100	$422.16M	0.03%	483,400shares	DFND	483,400 / 0 / 0
SABRE CORPCOM Put	78573M104	$420.05M	0.03%	688,600shares	DFND	688,600 / 0 / 0
CHEMOURS CCOM Put	163851108	$396.31M	0.02%	46,900shares	DFND	46,900 / 0 / 0
MGM RESORTCOM Put	552953101	$388.25M	0.02%	82,600shares	DFND	82,600 / 0 / 0
MASCO CORPCOM	574599106	$355.47M	0.02%	5,050shares	DFND	5,050 / 0 / 0
SPDR S&P 5COM Put	78462F103	$346.50M	0.02%	96,000shares	DFND	96,000 / 0 / 0
HERBALIFECOM Put	G4412G101	$346.08M	0.02%	82,400shares	DFND	82,400 / 0 / 0
INVESCO QQCOM Put	46090E103	$239.96M	0.01%	68,500shares	DFND	68,500 / 0 / 0
CROCS INCCOM Call	227046109	$231.25M	0.01%	125,000shares	DFND	125,000 / 0 / 0
TRANSOCEANCOM Call	H8817H100	$190.00M	0.01%	400,000shares	DFND	400,000 / 0 / 0
XPLR INFRACOM Put	65341B106	$150.38M	0.01%	20,600shares	DFND	20,600 / 0 / 0
ISHARES TRCOM Call	464287432	$122.00M	0.01%	50,000shares	DFND	50,000 / 0 / 0
AMC ENTMTCLANE	00165C302	$115.09M	0.01%	39,688shares	DFND	39,688 / 0 / 0
SERVICE PPCOM Call	81761L102	$105.00M	0.01%	600,000shares	DFND	600,000 / 0 / 0
BOLD EAGLERIGHT	G2003N121	$104.00M	0.01%	400,000shares	DFND	400,000 / 0 / 0
MACYS INCCOM Put	55616P104	$103.60M	0.01%	80,000shares	DFND	80,000 / 0 / 0
COLUMBUS C*WEXP	G2296A117	$103.30M	0.01%	89,434shares	DFND	89,434 / 0 / 0
B & G FOODCOM Put	05508R106	$102.24M	0.01%	113,600shares	DFND	113,600 / 0 / 0
CALUMET INCOM Put	131428104	$102.10M	0.01%	175,000shares	DFND	175,000 / 0 / 0
SPDR SERIECOM Call	78468R556	$101.01M	0.01%	37,000shares	DFND	37,000 / 0 / 0
SMART SH GADS	83193E102	$100.03M	0.01%	74,100shares	DFND	74,100 / 0 / 0
NIKE INCCOM Call	654106103	$82.31M	0.00%	29,500shares	DFND	29,500 / 0 / 0
NEWHOLD IN*WEXP	G6486E110	$60.71M	0.00%	187,499shares	DFND	187,499 / 0 / 0
STARWOOD PCOM Put	85571B105	$60.38M	0.00%	172,500shares	DFND	172,500 / 0 / 0
TEXAS VENT*WEXP	G8772L113	$56.25M	0.00%	50,000shares	DFND	50,000 / 0 / 0
LIVE NATIOCOM Put	538034109	$51.63M	0.00%	32,500shares	DFND	32,500 / 0 / 0
VIASAT INCCOM Put	92552V100	$47.65M	0.00%	73,300shares	DFND	73,300 / 0 / 0
MATTEL INCCOM Call	577081102	$44.38M	0.00%	355,000shares	DFND	355,000 / 0 / 0
CARTESIAN*WEXP	G19307126	$44.27M	0.00%	165,500shares	DFND	165,500 / 0 / 0
THAYER VENRIGHT	G87890110	$43.75M	0.00%	250,000shares	DFND	250,000 / 0 / 0
CID HOLDCO*WEXP	171756117	$42.76M	0.00%	282,640shares	DFND	282,640 / 0 / 0
BARRICK MNCOM Call	06849F108	$40.76M	0.00%	143,000shares	DFND	143,000 / 0 / 0
VORNADO RLCOM Put	929042109	$38.52M	0.00%	33,500shares	DFND	33,500 / 0 / 0
MEDICAL PPCOM Put	58463J304	$37.67M	0.00%	396,500shares	DFND	396,500 / 0 / 0
LAS VEGASCOM Put	517834107	$34.94M	0.00%	37,200shares	DFND	37,200 / 0 / 0
TRI POINTECOM Put	87265H109	$31.27M	0.00%	23,600shares	DFND	23,600 / 0 / 0
VANECK ETFCOM Put	92189F676	$30.54M	0.00%	10,300shares	DFND	10,300 / 0 / 0
BLUE ACQUIRIGHT	G1331A116	$30.00M	0.00%	200,000shares	DFND	200,000 / 0 / 0
SILVER PEGRIGHT	G8192J136	$27.60M	0.00%	120,000shares	DFND	120,000 / 0 / 0
AXIOM INTERIGHT	G0750N112	$27.56M	0.00%	175,000shares	DFND	175,000 / 0 / 0
CHEESECAKECOM Put	163072101	$27.19M	0.00%	17,500shares	DFND	17,500 / 0 / 0
VANECK ETFCOM Call	92189F106	$26.59M	0.00%	13,500shares	DFND	13,500 / 0 / 0
PYROPHYTE*WEXP	G7309T110	$26.25M	0.00%	75,000shares	DFND	75,000 / 0 / 0
ONEMAIN HLCOM Put	68268W103	$25.28M	0.00%	34,400shares	DFND	34,400 / 0 / 0
PELOTON INCOM Put	70614W100	$24.00M	0.00%	400,000shares	DFND	400,000 / 0 / 0
RIOT PLATFCOM Call	767292105	$23.51M	0.00%	29,200shares	DFND	29,200 / 0 / 0
1RT ACQUIS*WEXP	G6757R113	$22.69M	0.00%	24,800shares	DFND	24,800 / 0 / 0
OXLEY BRID*WEXP	G6858G115	$22.63M	0.00%	125,000shares	DFND	125,000 / 0 / 0
NORWEGIANCOM Put	G66721104	$21.71M	0.00%	188,800shares	DFND	188,800 / 0 / 0
ARISTA NETCOM Call	040413205	$19.98M	0.00%	23,500shares	DFND	23,500 / 0 / 0
INDIGO ACQRIGHT	G4791J114	$12.56M	0.00%	75,000shares	DFND	75,000 / 0 / 0
ROYALTY MG*WEXP	02369M110	$10.75M	0.00%	221,686shares	DFND	221,686 / 0 / 0
SYNCHRONYCOM Put	87165B103	$10.40M	0.00%	21,900shares	DFND	21,900 / 0 / 0
ADVANCE AUCOM Put	00751Y106	$9.84M	0.00%	12,000shares	DFND	12,000 / 0 / 0
TEVOGEN BI*WEXP	88165K119	$9.72M	0.00%	181,387shares	DFND	181,387 / 0 / 0
ENERGY TRACOM Call	29273V100	$9.00M	0.00%	600,000shares	DFND	600,000 / 0 / 0
TANGER INCCOM Put	875465106	$7.76M	0.00%	13,500shares	DFND	13,500 / 0 / 0
SCAGE FUTU*WEXP	G7840J118	$6.39M	0.00%	127,590shares	DFND	127,590 / 0 / 0
BOREALIS F*WEXP	09973D113	$5.36M	0.00%	70,030shares	DFND	70,030 / 0 / 0
MULTISENSO*WEXP	456948116	$4.88M	0.00%	142,585shares	DFND	142,585 / 0 / 0
BOLT PROJS*WEXP	09769B115	$4.41M	0.00%	110,914shares	DFND	110,914 / 0 / 0
ROADZEN IN*WEXP	G7606H116	$4.21M	0.00%	65,696shares	DFND	65,696 / 0 / 0
FIRSTENERGCOM Put	337932107	$3.25M	0.00%	26,000shares	DFND	26,000 / 0 / 0
SYNTEC OPT*WEXP	87169M113	$2.78M	0.00%	32,034shares	DFND	32,034 / 0 / 0
BRAND ENGA*WEXP	104932116	$2.42M	0.00%	150,251shares	DFND	150,251 / 0 / 0

Filing Metadata

Form type

13F-HR/A

Filing date

Jan 15, 2026

Holdings as of

September 30, 2025

Accession

0001132716-26-000002

CIK

0001132716

View on SEC

Portfolio Snapshot

Total Portfolio Value

$1.66T

Number of Positions

263

263 reported by filer

Top 10 Concentration

54.6%

Top 20 Concentration

64.3%

Unique Issuers

253

By CUSIP

Avg. Position Size

$6.30B

Across 263 holdings

Top 5 Holdings

VERONA PHA27.6%

MR COOPER10.2%

SPIRIT AER6.4%

NVIDIA COR2.1%

SNOWFLAKE1.8%