CITADEL ADVISORS LLC

13F filer, CIK 1423053, MIAMI, FL

CITADEL ADVISORS LLC reported $665,872,168,045 across 12,508 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 12.88% of the portfolio.

Filed 2026-02-17 (acceptance time not in the bulk data set), ingested 2026-10-07 03:01:36 UTC13F-HR 0001104659-26-016408

Period: 2025-12-31
Reported value: $666B
Holdings: 12,508
Top 10 weight: 12.88%
New: 2,177
Sold out: 2,293

Part of the filer group CITADEL ADVISORS LLC

Citadel Securities GP LLCCitadel Advisors Holdings LP +4 others

Citadel Securities GP LLC
Citadel Advisors Holdings LP
Citadel GP LLC
Citadel Securities Group LP
Citadel Securities LLC
Kenneth Griffin

How groups are built

Stakes and trades reported after 2025-12-31

13D, 13G and Form 4 filings by this filer's group, dated after the 13F period, on securities the quarter does not hold as shares.

AMPG AMPLITECH GROUP INC: 13G 1,443,191 shares, 5.7% of the class, 13G filed 2026-10-06, 0001104659-26-114133 Timeline
Accepted 2026-10-06 21:32:18 UTC, ingested 2026-10-06 21:33:48 UTC
WAVE ECO WAVE POWER GLOBAL AB: 13G 5,177,215 shares, 9.99% of the class, 13G filed 2026-10-06, 0001104659-26-114131 Timeline
Accepted 2026-10-06 21:30:05 UTC, ingested 2026-10-06 21:30:48 UTC
FJET STARFIGHTERS SPACE INC: 13G 3,102,815 shares, 6.3% of the class, 13G filed 2026-10-06, 0001104659-26-114128 Timeline
Accepted 2026-10-06 21:26:55 UTC, ingested 2026-10-06 21:27:48 UTC
ALOY REALLOYS INC: 13G 4,209,692 shares, 6.1% of the class, 13G filed 2026-10-06, 0001104659-26-114124 Timeline
Accepted 2026-10-06 21:24:20 UTC, ingested 2026-10-06 21:24:49 UTC
QNT QUANTINUUM INC: 13G 2,403,427 shares, 7.3% of the class, 13G filed 2026-10-06, 0001104659-26-114121 Timeline
Accepted 2026-10-06 21:20:52 UTC, ingested 2026-10-06 21:21:48 UTC

Largest buys vs the previous quarter

Security	Shares change	Approx. value
AMZNadded	+10,897,730	$2.52B
NVDAadded	+11,739,611	$2.19B
DIAadded	+4,111,571	$1.98B
TSMadded	+2,481,031	$754M
UNHadded	+2,079,416	$686M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
METAreduced	-1,160,113	-$766M
ABBVreduced	-2,372,075	-$542M
LLYreduced	-453,059	-$487M
DALreduced	-6,940,577	-$482M
LITEreduced	-1,280,247	-$472M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Back to all 5,829 share positions

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

Security	Type	Amount	Value	Change
SLMSLM CORP Stock	call	22,800	$617K	-49,500
PRCTPROCEPT BIOROBOTICS CORP Stock	call	19,600	$617K	-25,600
GSITGSI TECHNOLOGY INC COMMON STOCK	put	99,200	$616K	+62,600
HZOMARINEMAX INC COM	put	25,400	$615K	-1,600
DXCDXC TECHNOLOGY CO Stock	call	42,000	$615K	-64,300
LKFTLAKEFRONT BIOTHERAPEUTICS NV SPON ADR	call	18,800	$615K	+7,100
WLACWILLOW LANE ACQUISITION CORP ORD SHS CL A	put	48,600	$614K	new
USACUSA COMPRESSION PARTNERS LP COM UNIT LTDPAR	call	26,700	$614K	-50,800
LWLGLIGHTWAVE LOGIC INC COM	put	189,300	$613K	+28,400
XTLSPDR SERIES TRUST ST STR SP TELCO	call	4,000	$613K	new
LDILOANDEPOT INC COM CL A	call	295,700	$612K	-719,800
QSIQUANTUM SI INC COM CL A	put	556,000	$612K	+91,300
ZENAZENATECH INC CMN	put	190,900	$611K	+122,000
LAKELAKELAND INDS INC COM	call	69,100	$611K	+36,400
SPTMSPDR SERIES TRUST SHS	call	7,400	$610K	-7,200
EBCEASTERN BANKSHARES INC Stock	call	33,100	$610K	+6,100
ALKSALKERMES PLC SHS	call	21,800	$610K	new
GRSDGRANDSTAND LTD Stock	put	111,700	$610K	+15,200
GEFGREIF INC CL A	call	9,000	$609K	-6,700
HAEHAEMONETICS CORP MASS Stock	put	7,600	$609K	-8,800
VSTSVESTIS CORPORATION COM SHS	call	91,300	$609K	+26,700
AIVAPARTMENT INVT & MGMT CO REIT	call	102,500	$609K	+900
ITTITT INC Stock	put	3,500	$607K	-2,800
COTYCOTY INC COM CL A	put	197,100	$607K	-101,800
PSFEPAYSAFE LIMITED SHS	call	75,000	$607K	+36,900
SFIXSTITCH FIX INC COM CL A	call	115,500	$606K	+27,400
ALLEALLEGION PLC ORD SHS	call	3,800	$605K	-5,800
EWAISHARES INC MSCI AUST ETF	put	23,100	$605K	+14,000
IMPPIMPERIAL PETE INC COM NEW	call	166,900	$604K	+16,200
QUBXINVESTMENT MANAGERS SER TR I TRADR 2X LONG Q	call	27,560	$603K	new
RGTXTIDAL TR II DEFIANCE DAILY TAR ETF	call	49,600	$603K	new
ICOPISHARES TR COPPER & METALS	call	13,600	$603K	new
PRTAPROTHENA CORP PLC Stock	put	63,100	$603K	-10,900
KRPKIMBELL RTY PARTNERS LP UNIT	put	51,100	$601K	-30,900
EUENCORE ENERGY CORP Stock	put	242,300	$601K	+28,400
ULCCFRONTIER GROUP HLDGS INC Stock	put	127,400	$600K	+45,100
AXSAXIS CAP HLDGS LTD Stock	call	5,600	$600K	+3,200
JOEST JOE CO COM	put	10,100	$600K	-17,500
MQMARQETA INC CLASS A COM	call	126,200	$599K	-60,700
STAGSTAG INDUSTRIAL INC COM	put	16,300	$599K	-1,800
ABCLABCELLERA BIOLOGICS INC Stock	put	175,100	$599K	-61,300
VGLTVANGUARD SCOTTSDALE FDS COM	put	10,700	$597K	+5,000
MTGMGIC INVT CORP WIS Stock	put	20,400	$596K	-11,100
DNAGINKGO BIOWORKS HOLDINGS INC COMMON STOCK	put	71,630	$595K	+26,892
EETHPROSHARES TR ETHER ETF	call	16,000	$595K	-20,900
AWRAMER STATES WTR CO Stock	put	8,200	$594K	-400
BFLYBUTTERFLY NETWORK INC COM CL A	put	156,400	$594K	-4,700
CTRNCITI TRENDS INC COMMON STOCK	put	14,300	$594K	new
AVAAVISTA CORP Stock	call	15,400	$594K	+2,900
FIZZNATIONAL BEVERAGE CORP Stock	call	18,600	$593K	-9,500
SVIASILVIA INC Common Stock	call	167,500	$591K	new
ACDCPROFRAC HLDG CORP CLASS A COM	call	151,700	$590K	+59,900
AMRCAMERESCO INC CL A	put	20,100	$589K	-55,600
UROYURANIUM RTY CORP COM	put	166,200	$588K	-120,900
ULTYTIDAL TRUST II YIELD ULTRA ETF	call	15,750	$588K	new
TNKTEEKAY TANKERS LTD COMMON STOCK	call	11,000	$588K	-27,300
XRPCCANARY XRP ETF SHS	call	30,200	$587K	new
DCOMDIME COML BANCSHARES INC COMMON STOCK	call	19,500	$587K	new
ATOATMOS ENERGY CORP Stock	put	3,500	$587K	-5,700
DYNCDYNAMIX CORP SHS CL A	call	57,000	$587K	+13,900
USAUU S GOLD CORP COMMON STOCK	call	30,200	$586K	-36,500
SSYSSTRATASYS LTD SHS	put	67,500	$586K	+31,900
CWCOCONSOLIDATED WATER CO INC COMMON STOCK	call	16,600	$586K	+100
VOEVANGUARD INDEX FDS SHS	call	3,300	$585K	-4,700
BFHBREAD FINANCIAL HOLDINGS INC COM	put	7,900	$585K	-36,600
TXTERNIUM SA SPONSORED ADS	put	15,300	$584K	+900
URBAN ONE INCURBAN ONE INC CL A	call	567,200	$584K	+526,400
LBRDALIBERTY BROADBAND CORP COMMON STOCK	call	12,100	$584K	-9,700
KNFKNIFE RIVER CORP Stock	put	8,300	$584K	+4,800
EDCDIREXION SHARES ETF TRUST DLY EMG MK BL 3X	put	10,700	$584K	new
NFBKNORTHFIELD BANCORP INC DEL COMMON STOCK	put	51,000	$583K	-100
WWWW INTL INC COM NEW	call	19,951	$583K	+10,866
BDCBELDEN INC Stock	put	5,000	$583K	+1,600
ABXABACUS GLOBAL MGMT INC COMMON STOCK	call	68,100	$582K	-54,600
NICNICOLET BANKSHARES INC COM	call	4,800	$582K	+2,100
NVCTNUVECTIS PHARMA INC COMMON STOCK	call	77,000	$581K	-10,300
BOHBANK OF HI CORP COM	call	8,500	$581K	-1,800
ITRNITURAN LOCATION AND CONTROL Stock	call	13,500	$581K	-33,900
CRESYCRESUD S A C I F Y A SPONSORED ADR	call	45,900	$580K	+23,700
OGSONE GAS INC Stock	put	7,500	$579K	+300
BITQBITWISE FUNDS TRUST ETF	call	29,000	$578K	new
PPHVANECK ETF TRUST ETF	put	5,600	$578K	-2,700
PTCTPTC THERAPEUTICS INC COM	put	7,600	$577K	-900
ANGIANGI INC CL A NEW	call	44,600	$577K	+18,870
INVESTMENT MANAGERS SER TR IINVESTMENT MANAGERS SER TR I TRADR 2X LONG	put	56,800	$575K	new
BLOKAMPLIFY ETF TR BLOCK TECHN ETF	put	10,100	$575K	-7,500
LMNRLIMONEIRA CO COM	put	45,500	$574K	-13,600
ARECAMERICAN RES CORP CL A	put	231,600	$574K	+72,500
ACAARCOSA INC Stock	call	5,400	$574K	-2,100
MCYMERCURY GENL CORP NEW COM	put	6,100	$574K	+2,000
BLBDBLUE BIRD CORP COM	call	12,200	$573K	-5,900
NUVLNUVALENT INC Stock	put	5,700	$573K	-50,100
GEOSGEOSPACE TECHNOLOGIES CORP COM	call	33,800	$572K	-37,300
OMEXODYSSEY MARINE EXPL INC COM NEW	call	291,600	$572K	+104,600
HPPHUDSON PACIFIC PROPERTIES IN COM	put	52,756	$571K	new
ARKXARK ETF TR SPACE & DEFENSE	put	19,700	$571K	-800
SNCYSUN CTRY AIRLS HLDGS INC COM	put	39,600	$570K	+25,800
KNFKNIFE RIVER CORP Stock	call	8,100	$570K	-19,500
BUGGLOBAL X FDS CYBRSCURTY ETF	put	18,700	$570K	+3,600
MAGNMAGNERA CORP COMMON STOCK	call	37,600	$569K	+11,000
AMXAMERICA MOVIL SAB DE CV ADR	put	27,500	$568K	-36,000
NVTXINVESTMENT MANAGERS SER TR I TRAD 2X NVTS ETF	put	27,500	$567K	+22,100
GEOSGEOSPACE TECHNOLOGIES CORP COM	put	33,500	$566K	-45,800
CBSHCOMMERCE BANCSHARES INC COM	call	10,815	$566K	+3,015
LFCRLIFECORE BIOMEDICAL INC STOK	call	69,200	$566K	new
XRNCHIRON REAL ESTATE INC REIT	put	16,760	$565K	+7,480
PDYNPALLADYNE AI CORP COMMON STOCK	call	132,700	$565K	+61,000
GOOXETF OPPORTUNITIES TRUST CMN	call	8,100	$565K	+1,700
RVLVREVOLVE GROUP INC Stock	call	18,700	$565K	-14,500
UFPIUFP INDUSTRIES INC COM	call	6,200	$565K	+2,600
PRVAPRIVIA HEALTH GROUP INC COM	call	23,800	$564K	+10,300
JNKSPDR SERIES TRUST BLOOMBERG HIGH Y	put	5,800	$564K	-2,200
INVESTMENT MANAGERS SER TR IINVESTMENT MANAGERS SER TR I TRADR 2X LONG	call	55,700	$564K	new
NVDGRANITESHARES ETF TR CMN	call	78,716	$563K	-60,800
CNTACENTESSA PHARMACEUTICALS PLC SPONSORED ADS	call	22,500	$563K	-9,100
IEVISHARES TR EUROPE ETF	call	8,200	$563K	+3,200
TSLZETF OPPORTUNITIES TRUST T REX 2X INVERSE	call	47,400	$562K	new
DGROISHARES TR SHS	put	8,100	$562K	+100
ANVSANNOVIS BIO INC COM	call	162,500	$562K	+53,300
OBDCBLUE OWL CAPITAL CORPORATION CEF	put	45,200	$562K	-21,700
MESOMESOBLAST LTD SPONS ADR	put	31,100	$561K	-35,000
SKTTANGER INC COM	put	16,800	$561K	-41,200
TRUPTRUPANION INC COM	call	15,000	$561K	-100
ULCCFRONTIER GROUP HLDGS INC Stock	call	118,900	$560K	-109,500
TMHCTAYLOR MORRISON HOME CORP Stock	call	9,500	$559K	-4,100
THSTREEHOUSE FOODS INC Stock	call	23,700	$559K	-68,300
PTGXPROTAGONIST THERAPEUTICS INC COM	put	6,400	$559K	+200
CVSACOVISTA INC COM	put	5,400	$559K	-5,700
TIPTTIPTREE INC COM	put	30,500	$557K	-23,400
IXNISHARES TR SHS	call	5,300	$556K	+700
NWGNATWEST GROUP PLC ADR	call	31,800	$556K	new
KLICKULICKE & SOFFA INDS INC COM	put	12,200	$556K	-6,300
LASRNLIGHT INC COM	put	14,800	$555K	-3,400
GAUGALIANO GOLD INC COM	put	219,200	$555K	+106,000
SXTSENSIENT TECHNOLOGIES CORP COM	put	5,900	$554K	new
SIBNSI BONE INC COM	call	28,100	$554K	-19,100
INDIINDIE SEMICONDUCTOR INC CLASS A COM	put	156,900	$554K	-35,200
BSYBENTLEY SYS INC Stock	put	14,500	$553K	-31,200
NDSNNORDSON CORP COM	call	2,300	$553K	-21,900
SNDLSNDL INC COM	call	333,100	$553K	+36,500
INVZINNOVIZ TECHNOLOGIES LTD SHS	call	648,100	$553K	+138,900
GDXYTIDAL TRUST II YIE GOL MIN ETF	put	34,500	$553K	-300
AXTIAXT INC COM	put	33,800	$553K	new
NBTBNBT BANCORP INC Stock	call	13,300	$552K	-5,700
DFHDREAM FINDERS HOMES INC Stock	call	32,200	$551K	-5,700
HGVHILTON GRAND VACATIONS INC Stock	call	12,300	$550K	-25,800
HTOH2O AMERICA COM	put	11,200	$549K	+5,400
CRWLGRANITESHARES ETF TR CMN	put	17,800	$548K	+3,700
AGOASSURED GUARANTY LTD Stock	call	6,100	$548K	-5,400
SGMTSAGIMET BIOSCIENCES INC COMMON STOCK	call	92,600	$548K	+47,400
ADURADURO CLEAN TECHNOLOGIES INC COM NEW	put	52,900	$548K	+1,700
CXMSPRINKLR INC CL A	call	70,400	$548K	+15,600
SLDPSOLID POWER INC Stock	call	128,800	$547K	-102,100
CNXTVANECK ETF TRUST CHINE INNOV ETF	call	12,500	$547K	0
AZZAZZ INC Stock	call	5,100	$547K	-2,900
ATMUATMUS FILTRATION TECHNOLOGIE COM	put	10,500	$545K	-900
CCEPCOCA-COLA EUROPACIFIC PARTNE Stock	put	6,000	$544K	-600
UMHUMH PPTYS INC COM	call	34,200	$544K	+23,400
PNFPPINNACLE FINANCIAL PARTNERS COM	put	5,700	$544K	+1,800
BJRIBJS RESTAURANTS INC COM	call	13,800	$544K	-2,600
LXRXLEXICON PHARMACEUTICALS INC COMMON STOCK	call	472,800	$544K	+115,200
SRSPROSHARES TR ULTRASHORT REAL	put	11,000	$543K	new
PRIPRIMERICA INC COM	call	2,100	$543K	-1,100
DDD3D SYS CORP DEL COMMON STOCK	call	305,400	$541K	-5,800
CNXCCONCENTRIX CORP COM	call	13,000	$541K	-33,000
FNFFIDELITY NATL FINL INC FNF GROUP COM	call	9,900	$540K	-1,400
XRXXEROX HOLDINGS CORP COM NEW	call	228,000	$540K	-13,900
OXMOXFORD INDS INC COM	call	15,800	$540K	+1,600
MVLLGRANITESHARES ETF TR CMN	call	25,100	$540K	-15,300
NVTXINVESTMENT MANAGERS SER TR I TRAD 2X NVTS ETF	call	26,200	$540K	new
VYMIVANGUARD WHITEHALL FDS SHS	call	6,000	$540K	-100
ARWARROW ELECTRS INC COM	call	4,900	$540K	-600
TTITETRA TECHNOLOGIES INC DEL COM	put	57,600	$540K	+16,300
CDNACAREDX INC COM	call	28,600	$539K	-12,700
SCHGSCHWAB STRATEGIC TR SHS	put	16,500	$538K	+8,900
SCHXSCHWAB STRATEGIC TR SHS	call	20,000	$538K	-2,200
CUBECUBESMART REIT	put	14,900	$537K	+900
EBEVENTBRITE INC-CLASS A COM CL A	call	120,400	$536K	+108,600
GDRXGOODRX HLDGS INC COM CL A	put	197,700	$536K	+161,000
DHCDIVERSIFIED HEALTHCARE TR COM SH BEN INT	call	110,300	$535K	+54,300
EENI SPA ADR	call	14,100	$535K	-5,900
ABGASBURY AUTOMOTIVE GROUP INC Stock	put	2,300	$535K	-500
LBRDKLIBERTY BROADBAND CORP COM SER C	put	11,000	$535K	+5,700
APTALPHA PRO TECH LTD COM	call	120,300	$534K	+79,700
MBXMBX BIOSCIENCES INC Stock	call	16,900	$533K	-1,700
COMTISHARES U S ETF TR SHS	put	21,400	$533K	new
KWYKINGSWAY CORP COMMON STOCK	put	39,600	$533K	+7,400
KULRKULR TECHNOLOGY GROUP INC COM	call	179,421	$531K	-56,196
GOSSGOSSAMER BIO INC Stock	put	171,300	$531K	+82,200
TECSDIREXION SHARES ETF TRUST DA TE BE 3X ETF	put	30,700	$531K	-136,600
TRINTRINITY CAP INC COM	put	36,200	$530K	new
MCWMISTER CAR WASH INC COM	put	95,300	$530K	+22,500
MATVMATIV HOLDINGS INC COM	call	43,600	$530K	-11,500
BLMNBLOOMIN BRANDS INC COM	put	85,800	$529K	-52,600
IGSBISHARES TR ETF	call	10,000	$529K	-200
LFMDLIFEMD INC COM	put	155,000	$529K	-32,400
ARCTARCTURUS THERAPEUTICS HLDGS COM	put	86,200	$528K	+35,300
FLJPFRANKLIN TEMPLETON ETF TR FTSE JAPAN ETF	put	15,300	$527K	new
LOMALOMA NEGRA C I A S A MTN 14 SPONSORED ADS	call	40,700	$527K	+7,000
EUFNISHARES TR MSCI EURO FL ETF	call	14,200	$527K	-4,900
GRBKGREEN BRICK PARTNERS INC COM	call	8,400	$526K	-1,800
BRZUDIREXION SHARES ETF TRUST DAIL MS BRAZ ETF	put	6,600	$526K	-21,300
SRGSERITAGE GROWTH PPTYS CL A	call	161,900	$526K	+7,000
ANGXANGEL STUDIOS INC. Stock	put	112,500	$525K	new
SRTYPROSHARES TR CMN	put	12,375	$525K	new
CONYTIDAL TRUST II YIELD COIN ETF	put	13,340	$525K	new
SJTSAN JUAN BASIN RTY TR UNIT BEN INT	put	93,400	$525K	+56,200
MSTZETF OPPORTUNITIES TRUST T REX 2X INVERSE	put	30,600	$525K	-119,200
KPTIKARYOPHARM THERAPEUTICS INC COMMON STOCK	call	71,300	$525K	+25,000
WTSWATTS WATER TECHNOLOGIES INC Stock	put	1,900	$524K	new
BITQBITWISE FUNDS TRUST ETF	put	26,300	$524K	new
AHCOADAPTHEALTH CORP COMMON STOCK	put	52,600	$524K	-124,900
TPGTPG INC Stock	put	8,200	$523K	-9,700
SPDNDIREXION SHARES ETF TRUST DAILY 500 1X ETF	put	55,500	$523K	-37,800
MANMANPOWERGROUP INC WIS Stock	call	17,600	$523K	+7,400
GAINGLADSTONE INVT CORP COM	call	37,400	$522K	+5,700
GDXYTIDAL TRUST II YIE GOL MIN ETF	call	32,600	$522K	+15,400
SGOVISHARES TR SHS	put	5,200	$522K	-1,300
MBIMBIA INC COMMON STOCK	call	72,900	$522K	-64,400
VSHVISHAY INTERTECHNOLOGY INC Stock	put	36,000	$522K	+12,400
BGSB & G FOODS INC COM	call	121,300	$522K	+72,500
GREKGLOBAL X FDS CMN	put	7,900	$521K	-2,400
GCOGENESCO INC COM	put	21,000	$520K	+10,300
YCSPROSHARES TR II ULTRASHORT YEN N	put	10,200	$519K	+2,100
TXNMTXNM ENERGY INC Stock	call	8,800	$518K	new
XMTRXOMETRY INC CLASS A COM	put	8,700	$517K	-10,700
CUTINVESCO EXCH TRADED FD TR II MSCI GBL TIMBR	call	17,800	$517K	+700
GSITGSI TECHNOLOGY INC COMMON STOCK	call	83,300	$517K	+51,800
PAVEGLOBAL X FDS US INFR DEV ETF	call	10,800	$516K	-12,900
AWIARMSTRONG WORLD INDS INC NEW COM	call	2,700	$516K	-81,700
LOPEGRAND CANYON ED INC Stock	call	3,100	$516K	-2,600
FBRTFRANKLIN BSP RLTY TR INC REIT	call	51,400	$516K	-52,400
MVLLGRANITESHARES ETF TR CMN	put	23,900	$514K	+4,100
VTEBVANGUARD MUN BD FDS ETF	call	10,200	$513K	-6,500
RAPPRAPPORT THERAPEUTICS INC Stock	put	16,900	$513K	-17,700
SDGRSCHRODINGER INC Stock	call	28,600	$511K	-15,100
SPYVSPDR SERIES TRUST PRTFLO S&P500 VL	call	9,000	$511K	-10,000
RDNRADIAN GROUP INC Stock	call	14,200	$511K	-26,800
MLCOMELCO RESORTS AND ENTMNT LTD ADR	put	67,400	$510K	+32,000
PNNTPENNANTPARK INVTS CORP COM	call	85,600	$510K	+54,900
MFICMIDCAP FINANCIAL INVSTMNT CO COM NEW	call	44,500	$509K	-51,100
PWBINVESCO EXCHANGE TRADED FD T LARGE CAP GROWTH	call	4,000	$508K	new
MANMANPOWERGROUP INC WIS Stock	put	17,100	$508K	+6,100
OSSONE STOP SYS INC COMMON STOCK	put	70,800	$508K	-5,400
SLPSIMULATIONS PLUS INC COM	call	27,800	$507K	-10,500
ITOTISHARES TR SHS	put	3,400	$506K	-800
DAYDAYFORCE INC COM	call	7,300	$505K	-15,000
FDIGFIDELITY COVINGTON TRUST CRYPTO IND & DIG	call	13,100	$505K	+8,100
ENLTENLIGHT RENEWABLE ENERGY LTD Stock	put	11,100	$505K	-39,900
AMDYTIDAL TRUST II YIE AMD INC ETF	call	13,260	$505K	new
FRTFEDERAL RLTY INVT TR NEW SH BEN INT NEW	put	5,000	$504K	-2,900
IAUINEOS ETF TRUST GOLD HIG INC ETF	put	9,000	$503K	new
PCRXPACIRA BIOSCIENCES INC Stock	call	19,400	$502K	-22,600
VRRMVERRA MOBILITY CORP Stock	put	22,400	$502K	-4,100
ORBSEIGHTCO HOLDINGS INC COMMON STOCK	put	290,100	$502K	new
ZVRAZEVRA THERAPEUTICS INC Stock	put	56,000	$502K	-63,600
MXLMAXLINEAR INC COM	put	28,700	$500K	+8,300
GTPEGOLDMAN SACHS ETF TR ETF	call	9,700	$500K	new
NMRKNEWMARK GROUP INC CL A	call	28,800	$499K	+16,100
KNSAKINIKSA PHARMACEUTICALS INTL Stock	put	12,100	$499K	+3,900
FRHCFREEDOM HOLDING CORP COM	call	4,100	$499K	-1,000
INVESTMENT MANAGERS SER TR IINVESTMENT MANAGERS SER TR I TRADR 2X LONG	call	32,700	$498K	+24,900
IYGISHARES TR U.S. FIN SVC ETF	put	5,400	$498K	-200
ACHCACADIA HEALTHCARE COMPANY IN Stock	put	35,100	$498K	+18,000
BLBLACKLINE INC COM	call	9,000	$498K	-8,300
ORCORCHID IS CAP INC COM NEW	call	69,100	$498K	+39,700
PLTGTHEMES ETF TR LEVERAGE SHS 2X	call	19,000	$497K	+11,800
CARSCARS COM INC COM	put	40,700	$497K	-37,400
FCGFIRST TR EXCHANGE-TRADED FD NAT GAS ETF	put	21,200	$496K	-7,300
MSGEMADISON SQUARE GARDEN ENTMT COM CL A	put	9,200	$496K	+3,300
PRDOPERDOCEO ED CORP COM	put	16,900	$496K	+10,700
WWWWOLVERINE WORLD WIDE INC COM	call	27,300	$495K	+15,000
ASPNASPEN AEROGELS INC COMMON STOCK	put	174,800	$495K	+11,200
SNEXSTONEX GROUP INC COM	put	5,200	$495K	+1,850
TALTAL ED GROUP ADR	put	45,300	$494K	-34,300
VEONVEON LTD SPONSORED ADS	put	9,400	$494K	-9,500
DUGPROSHARES TR ULTRA ENERG NEW	call	15,200	$494K	+7,600
CFRCULLEN FROST BANKERS INC Stock	put	3,900	$494K	-1,800
ACNTASCENT INDUSTRIES CO COM	call	30,500	$494K	new
OMCLOMNICELL COM Stock	call	10,900	$494K	+1,100
VUZIVUZIX CORP COM NEW	put	130,300	$493K	-74,400
LYELLYELL IMMUNOPHARMA INC Stock	put	16,000	$492K	-750
CATOCATO CORP NEW CL A	put	159,200	$492K	+83,300
CNACNA FINL CORP COM	put	10,300	$492K	new
PHATPHATHOM PHARMACEUTICALS INC COMMON STOCK	put	29,600	$491K	new
PMTPENNYMAC MTG INVT TR REIT	put	39,100	$491K	-1,600
INSEINSPIRED ENTMT INC COMMON STOCK	call	52,400	$490K	+19,100
ARAYACCURAY INC DEL COM	put	594,500	$490K	new
DBAINVESCO DB MULTI-SECTOR COMM AGRICULTURE FD	call	19,200	$490K	+7,500
MRVIMARAVAI LIFESCIENCES HLDGS I COMMON STOCK	call	150,700	$490K	-5,900
TOPWROUNDHILL ETF TRUST TOP WEEKLYPAY	put	11,700	$490K	+6,800
ABTCAMERICAN BITCOIN CORP. COM CL A	put	287,600	$489K	+126,800
CLDXCELLDEX THERAPEUTICS INC NEW COM NEW	put	18,000	$489K	-19,200
GOGROCERY OUTLET HLDG CORP Stock	call	48,400	$489K	-7,000
VYXNCR VOYIX CORPORATION COM	call	47,900	$489K	-37,400
NKLRTERRA INNOVATUM GLOBAL NV ORD SHS	put	105,600	$488K	new
RWMPROSHARES TR SHRT RUSSELL2000	call	29,800	$488K	+10,100
FDVVFIDELITY COVINGTON TRUST SHS	call	8,600	$488K	-3,000
CABACABALETTA BIO INC COMMON STOCK	call	222,600	$487K	-22,200
RLGTRADIANT LOGISTICS INC COM	call	76,900	$487K	+24,800
CQPCHENIERE ENERGY PARTNERS L P COM UNIT	call	9,100	$487K	-13,900
TTEKTETRA TECH INC NEW COM	call	14,500	$486K	-23,000
WBIWATERBRIDGE INFRASTRUCTURE L CL A SHS REPSTG	call	24,200	$484K	new
UAAUNDER ARMOUR INC CL A	call	97,400	$484K	+21,500
IVESWEDBUSH SER TR DAN IVE REVO ETF	put	15,300	$484K	new
TRMDTORM PLC Stock	put	24,700	$484K	-2,200
TIPISHARES TR SHS	put	4,400	$484K	+2,000
VYXNCR VOYIX CORPORATION COM	put	47,400	$483K	-96,400
VBKVANGUARD INDEX FDS SHS	put	1,600	$483K	-1,000
EGANEGAIN CORP COM NEW	put	46,900	$483K	new
GNLGLOBAL NET LEASE INC REIT	call	56,100	$482K	+23,900
MBUUMALIBU BOATS INC COMMON STOCK	put	17,100	$482K	-25,400
ATLOAMES NATL CORP COMMON STOCK	call	21,000	$482K	-20,900
KRCKILROY REALTY CORP REIT	put	12,900	$482K	+7,100
GOOXETF OPPORTUNITIES TRUST CMN	put	6,900	$481K	new
EMBISHARES TR JPMORGAN USD EMG	put	5,000	$481K	+900
GLADGLADSTONE CAP CORP COM NEW	call	23,300	$481K	+11,100
STEMSTEM INC Stock	call	31,970	$481K	-7,080
CHCTCOMMUNITY HEALTHCARE TR INC COM	call	29,300	$481K	+11,700
CBLCBL & ASSOC PPTYS INC REIT	call	13,000	$481K	+2,100
MRAMEVERSPIN TECHNOLOGIES INC COMMON STOCK	call	51,800	$481K	+3,400
MISTMILESTONE PHARMACEUTICALS IN COM	put	237,800	$480K	+175,200
TAILCAMBRIA ETF TR TAIL RISK	put	41,800	$480K	new
TKRTIMKEN CO COM	call	5,700	$480K	-20,900
LECOLINCOLN ELEC HLDGS INC COM	put	2,000	$479K	-5,000
QLYSQUALYS INC Stock	call	3,600	$478K	-3,700
SCLSTEPAN CO COM	call	10,100	$478K	+5,100
TECXTECTONIC THERAPEUTIC INC COMMON STOCK	put	22,900	$478K	new
ATROASTRONICS CORP Stock	put	8,800	$477K	new
CRMGTHEMES ETF TR CMN	call	34,800	$477K	new
OIO-I GLASS INC COM	put	32,300	$477K	-82,100
PGCPEAPACK-GLADSTONE FINL CORP COMMON STOCK	call	17,100	$476K	+6,000
MMSIMERIT MED SYS INC Stock	call	5,400	$476K	-5,700
FLGTFULGENT GENETICS INC COM	call	18,100	$475K	-62,600
WMGWARNER MUSIC GROUP CORP COM CL A	put	15,500	$475K	-7,400
RYANRYAN SPECIALTY HOLDINGS INC Stock	put	9,200	$475K	+4,400
SHOOMADDEN STEVEN LTD COM	call	11,400	$475K	-60,700
DOOBRP INC Stock	put	6,700	$474K	-12,200
KEXKIRBY CORP COM	call	4,300	$474K	+1,600
SBHSALLY BEAUTY HLDGS INC COM	call	33,100	$472K	-7,800
AXTAAXALTA COATING SYS LTD Stock	put	14,600	$472K	+2,300
KYNKAYNE ANDERSON ENERGY INFRST COM	call	38,100	$472K	+11,800
VLRSCONTROLADORA VUELA COMP DE A SPON ADR RP 10	call	53,100	$472K	+11,300
UANCVR PARTNERS LP/CVR NITROGEN COM	put	4,600	$472K	-3,800
MNRMACH NATURAL RESOURCES LP COM	call	42,700	$471K	new
GSHDGOOSEHEAD INS INC COM CL A	call	6,400	$471K	+900
SFLSFL CORPORATION LTD COMMON STOCK	put	60,300	$471K	-36,500
ASTLALGOMA STL GROUP INC COM	call	114,700	$470K	-73,700
HIWHIGHWOODS PPTYS INC REIT	call	18,200	$470K	-29,200
PPAINVESCO EXCHANGE TRADED FD T AEROSPACE DEFN	call	3,000	$470K	-4,400
LOARLOAR HOLDINGS INC Stock	put	6,900	$469K	-7,800
ADAMADAMAS TRUST INC. COM	call	64,200	$469K	+46,000
EUFNISHARES TR MSCI EURO FL ETF	put	12,600	$467K	+1,200
ACHVACHIEVE LIFE SCIENCE INC COMMON STOCK	call	93,900	$467K	+69,700
IJTISHARES TR S&P SML 600 GWT	call	3,300	$466K	new
NNOXNANO X IMAGING LTD ORD SHS	put	166,300	$466K	+42,100
CRNXCRINETICS PHARMACEUTICALS IN Stock	put	10,000	$466K	-28,200
UPBDUPBOUND GROUP INC Stock	call	26,500	$465K	-27,400
INVESTMENT MANAGERS SER TR IINVESTMENT MANAGERS SER TR I TRADR 2X LONG	call	30,900	$465K	new
HOOYTIDAL TRUST II YIE HOO INC ETF	put	9,800	$465K	+4,100
AIPIETF OPPORTUNITIES TRUST REX AI EQUIT ETF	put	11,600	$465K	+6,400
SPLVINVESCO EXCH TRADED FD TR II S&P500 LOW VOL	put	6,500	$464K	-8,600
SAILSAILPOINT INC Stock	put	22,900	$463K	-22,500
SPYDSPDR SERIES TRUST SHS	put	10,700	$463K	-6,900
FXAINVESCO CURRENCYSHARES AUSTR ETF	put	7,000	$463K	new
DLBDOLBY LABORATORIES INC Stock	call	7,200	$462K	+4,200
RYAAYRYANAIR HOLDINGS PLC ADR	put	6,400	$462K	+500
HYMBSPDR SERIES TRUST NUVEEN ICE HIGH	call	18,500	$461K	new
INSWINTERNATIONAL SEAWAYS INC Stock	call	9,500	$461K	-2,300
UBRLGRANITESHARES ETF TR 2X LONG UBER	put	21,700	$460K	-16,200
CATOCATO CORP NEW CL A	call	149,000	$460K	-54,700
HVTHAVERTY FURNITURE COS INC Stock	call	19,700	$460K	-3,200
AIRSAIRSCULPT TECHNOLOGIES INC COMMON STOCK	call	232,300	$460K	+212,700
CRBPCORBUS PHARMACEUTICALS HLDGS COM NEW	call	56,500	$460K	+32,400
HLLYHOLLEY INC COMMON STOCK	call	111,300	$460K	+1,800
NMFCNEW MTN FIN CORP COM	call	49,800	$459K	+24,200
MAGYROUNDHILL ETF TRUST MAG SEV CAL ETF	call	8,600	$459K	new
CEPUCENTRAL PUERTO S A SPONSORED ADR	put	26,200	$458K	new
RALRALLIANT CORP COM	put	9,000	$458K	new
AOSLALPHA & OMEGA SEMICONDUCTOR SHS	put	23,100	$458K	+1,500
BLNDBLEND LABS INC CL A	put	150,300	$457K	+29,700
MIDUDIREXION SHARES ETF TRUST CMN	call	9,000	$457K	-1,500
BTGDTIDAL TRUST II STKD 100 100 ETF	call	13,300	$457K	+7,100
REZIRESIDEO TECHNOLOGIES INC Stock	put	13,000	$457K	new
BNCBNB STANDARD CORP COM	call	71,000	$456K	+36,900
CMPSCOMPASS PATHWAYS PLC SPONSORED ADS	call	66,000	$455K	-49,100
UHTUNIVERSAL HEALTH RLTY INCOME REIT	call	11,600	$455K	new
UDRUDR INC REIT	call	12,400	$455K	+4,000
VRDNVIRIDIAN THERAPEUTICS INC COM	call	14,600	$454K	-1,000
IYZISHARES TR US TELECOM ETF	call	13,400	$454K	-5,200
NOANORTH AMERN CONSTR GROUP LTD COM	call	31,600	$454K	new
ASTHASTRANA HEALTH INC COM NEW	put	18,300	$454K	-2,900
WORWORTHINGTON ENTERPRISES INC COM	put	8,800	$454K	-19,700
VVVVALVOLINE INC Stock	put	15,600	$453K	+5,000
SCSCSCANSOURCE INC COM	put	11,600	$453K	new
ONBOLD NATL BANCORP IND COM	call	20,300	$453K	-2,000
CMPRCIMPRESS PLC SHS EURO	call	6,800	$453K	-9,600
KALVKALVISTA PHARMACEUTICALS INC COM	call	28,000	$452K	new
KROSKEROS THERAPEUTICS INC Stock	call	22,200	$452K	+300
IRWDIRONWOOD PHARMACEUTICALS INC COMMON STOCK	call	134,100	$452K	+107,400
TSLTETF OPPORTUNITIES TRUST T REX 2X LONG	put	16,900	$451K	-24,600
CCSCENTURY COMMUNITIES INC COM	call	7,600	$451K	-11,200
TSHATAYSHA GENE THERAPIES INC COMMON STOCK	put	82,000	$451K	+56,300
KNTKKINETIK HOLDINGS INC Stock	put	12,500	$451K	+7,700
NHINATIONAL HEALTH INVS INC REIT	put	5,900	$451K	+100
MCBMETROPOLITAN BK HLDG CORP COMMON STOCK	call	5,900	$451K	-4,100
DXPEDXP ENTERPRISES INC COM NEW	put	4,100	$450K	-2,400
FDUSFIDUS INVT CORP COM	call	23,300	$450K	+3,600
NPOENPRO INC COM	put	2,100	$450K	new
ANGXANGEL STUDIOS INC. Stock	call	96,200	$449K	new
ALMSALUMIS INC COM	call	46,000	$449K	+35,400
DNLIDENALI THERAPEUTICS INC Stock	call	27,100	$447K	+15,500
DMLPDORCHESTER MINERALS L P COM UNIT	call	20,000	$447K	-44,200
DAKTDAKTRONICS INC COM	call	22,600	$447K	-17,200
QPUXTIDAL TR II DEFIANCE 2X DAILY DEFIANCE 2X DAIL	put	27,800	$446K	new
FCFSFIRSTCASH HOLDINGS INC COM	put	2,800	$446K	+200
MVVPROSHARES TR PSHS ULT MCAP400	call	6,400	$446K	+800
KRGKITE REALTY GROUP TRUST REIT	put	18,600	$446K	new
QYLDGLOBAL X FDS NASDAQ 100 COVER	put	25,200	$445K	-2,900
DNTHDIANTHUS THERAPEUTICS INC COM	put	10,800	$445K	-37,900
SARKINVESTMENT MANAGERS SER TR I TRADR 1X SHORT	call	14,700	$445K	-2,500
TUASIMPLIFY EXCHANGE TRADED FUN N SHORT TERM TREA	call	20,300	$445K	-10,700
CTEVCLARITEV CORPORATION Stock	call	10,400	$445K	-10,914
HIWHIGHWOODS PPTYS INC REIT	put	17,200	$444K	+10,200
NWSANEWS CORP NEW Stock	put	17,000	$444K	+5,600
INVESTMENT MANAGERS SER TR IINVESTMENT MANAGERS SER TR I TRADR 2X LONG	put	29,500	$444K	new
NTCTNETSCOUT SYS INC COM	call	16,400	$444K	new
IWYISHARES TR RUS TP200 GR ETF	call	1,600	$443K	new
PINEALPINE INCOME PPTY TR INC REIT	call	26,500	$443K	new
ABEOABEONA THERAPEUTICS INC COM NEW	put	84,000	$443K	+20,600
CMCLCALEDONIA MNG CORP COMMON STOCK	call	16,900	$442K	-200
DOGPROSHARES TR PSHS SHORT DOW30	put	18,800	$442K	new
UTLUNITIL CORP Stock	call	9,100	$441K	+1,800
ZTOZTO EXPRESS CAYMAN INC SPONSORED ADS A	put	21,000	$439K	-27,400
ICLICL GROUP LTD Stock	call	76,800	$439K	new
CRWGTHEMES ETF TR LEVERAGE SHS 2X	call	161,800	$438K	+88,300
MSDLMORGAN STANLEY DIRECT LENDIN Common Stock	put	26,600	$438K	-21,300
SMCSUMMIT MIDSTREAM CORPORATION COMMON STOCK	call	16,400	$438K	-6,400
GNWGENWORTH FINL INC COM SHS	call	48,400	$437K	-11,300
FAFFIRST AMERN FINL CORP COM	put	7,100	$436K	+1,600
HTOH2O AMERICA COM	call	8,900	$436K	new
LZLEGALZOOM COM INC COM	put	43,900	$436K	+22,300
BIPCBROOKFIELD INFRASTRUCTURE CO Stock	call	9,600	$436K	-5,600
RGTXTIDAL TR II DEFIANCE DAILY TAR ETF	put	35,800	$435K	new
MTWMANITOWOC CO INC COM NEW	call	36,200	$434K	-25,300
VIXYPROSHARES TR II VIX SHT TERM FUT	call	16,925	$434K	-300
EYENATIONAL VISION HLDGS INC Stock	put	16,800	$434K	-10,600
ODVOSISKO DEVELOPMENT CORP COM NEW	call	124,100	$433K	+76,600
GTLSCHART INDS INC COM	call	2,100	$433K	-11,000
SUIGSUI GROUP HOLDINGS LIMITED COM NEW	call	259,300	$433K	+248,200
HTHTH WORLD GROUP LTD ADR	put	9,200	$433K	new
HODLVANECK BITCOIN ETF SHS	call	17,500	$433K	new
AIRRFIRST TR EXCHANGE TRADED FD RBA INDL ETF	call	4,400	$433K	+2,100
RIGLRIGEL PHARMACEUTICALS INC COMMON STOCK	put	10,100	$433K	-11,300
AMGAFFILIATED MANAGERS GROUP Stock	call	1,500	$432K	-11,600
VRTLGRANITESHARES ETF TR 2X LONG VRT DAI	put	8,700	$432K	new
MFCMANULIFE FINL CORP COM	put	11,900	$432K	-25,600
GOGOGOGO INC COM	call	92,600	$432K	-18,100
BBDBANCO BRADESCO S A SP ADR PFD NEW	put	129,500	$431K	+3,500
XXRPLISTED FDS TR TEUCRIUM 2X LONG	put	45,200	$431K	-22,200
USLMUNITED STS LIME & MINERALS I COM	put	3,600	$431K	+1,200
SEESEALED AIR CORP NEW COM	put	10,400	$431K	-16,400
ACICAMERICAN COASTAL INS CORP COMMON STOCK	put	34,100	$431K	+23,700
IHSIHS HOLDING LIMITED ORD SHS	call	57,700	$430K	+34,000
NOMDNOMAD FOODS LTD Stock	put	34,400	$430K	+8,100
DLBDOLBY LABORATORIES INC Stock	put	6,700	$430K	+3,100
ALITALIGHT INC COM CL A	call	220,600	$430K	-1,100
LFUSLITTELFUSE INC Stock	put	1,700	$430K	0
FXAINVESCO CURRENCYSHARES AUSTR ETF	call	6,500	$430K	-800
GPROGOPRO INC CL A	call	304,100	$429K	-230,900
CHHCHOICE HOTELS INTL INC COM	put	4,500	$429K	+1,300
ARBEARBE ROBOTICS LTD Stock	call	363,000	$428K	+197,300
CXCEMEX SAB DE CV ADR	put	37,100	$426K	+8,800
STCESCHWAB STRATEGIC TR CRYPTO THEMATIC	call	7,100	$426K	+3,100
ACAARCOSA INC Stock	put	4,000	$425K	-3,000
KCKINGSOFT CLOUD HLDGS LTD ADR	put	41,100	$425K	-99,700
SVOLSIMPLIFY EXCHANGE TRADED FUN N VOLATILITY PREM	put	24,200	$425K	-10,100
SNBRQSLEEP NUMBER CORP COM D	call	50,200	$425K	+23,100
NFGCNEW FOUND GOLD CORP COM	put	142,700	$424K	+104,600
NXDRNEXTDOOR HOLDINGS INC COM CL A	call	201,700	$424K	-69,100
NRDSNERDWALLET INC COMMON STOCK	call	31,200	$423K	new
QDELQUIDELORTHO CORP Stock	call	14,800	$423K	-15,500
CRCDETF OPPORTUNITIES TRUST CMN	call	12,300	$423K	new
CMCOCOLUMBUS MCKINNON CORP N Y COMMON STOCK	call	24,500	$423K	new
VDCVANGUARD WORLD FD SHS	put	2,000	$422K	new
PLCECHILDRENS PL INC NEW COM	put	106,000	$422K	+32,400
LDILOANDEPOT INC COM CL A	put	203,600	$421K	-487,700
EPRTESSENTIAL PPTYS RLTY TR INC REIT	call	14,200	$421K	+3,000
MTGMGIC INVT CORP WIS Stock	call	14,400	$421K	+2,100
QQQPINVESTMENT MANAGERS SER TR I TRAD 2X 100 QUAR	call	2,400	$420K	0
FWONALIBERTY MEDIA CORP DEL COM LBTY ONE S A	put	4,700	$420K	+1,300
FWONALIBERTY MEDIA CORP DEL COM LBTY ONE S A	call	4,700	$420K	new
BFORALPS ETF TR BARRONS 400 ETF	call	5,100	$420K	+2,100
CIBGRUPO CIBEST SA ADR	call	6,600	$420K	new
LXLEXINFINTECH HLDGS LTD ADR	call	128,300	$420K	+61,900
GEVOGEVO INC COM PAR	call	209,400	$419K	+175,500
BLCOBAUSCH PLUS LOMB CORP COMMON SHARES	put	24,500	$418K	-59,700
AZZAZZ INC Stock	put	3,900	$418K	new
YMMFULL TRUCK ALLIANCE CO LTD ADR	call	38,900	$417K	-109,500
EGANEGAIN CORP COM NEW	call	40,500	$417K	new

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

Security	Type	Amount	Value	Change
WESTERN DIGITAL CORPWESTERN DIGITAL CORP NOTE 3.000%11/1	principal	90,804,000	$417M	+17,304,000
SEAGATE HDD CAYMANSEAGATE HDD CAYMAN NOTE 3.500% 6/0	principal	100,000,000	$336M	-26,798,000
LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1	principal	86,500,000	$126M	+27,500,000
GRANITE CONSTR INCGRANITE CONSTR INC NOTE 3.750% 5/1	principal	35,119,000	$89.3M	+9,119,000
BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC NOTE 2.500% 3/1	principal	44,505,000	$84M	+15,500,000
PATRICK INDS INCPATRICK INDS INC NOTE 1.750%12/0	principal	42,774,000	$72.8M	-10,000,000
Dynavax Technologies CorpDynavax Technologies Corp Convertible bond	principal	54,177,000	$56.5M	+36,808,000
WORLD KINECT CORPORATIONWORLD KINECT CORPORATION Convertible	principal	51,000,000	$53.8M	-4,000,000
GRANITE CONSTR INCGRANITE CONSTR INC NOTE 3.250% 6/1	principal	30,000,000	$47.9M	new
WEC ENERGY GROUP INCWEC ENERGY GROUP INC Convertible	principal	40,900,000	$47.8M	-59,500,000
MIRUM PHARMACEUTICALS INCMIRUM PHARMACEUTICALS INC NOTE 4.000% 5/0	principal	18,431,000	$47.7M	-6,000,000
HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 0.250% 3/0	principal	42,157,000	$45.6M	new
BLACKLINE INCBLACKLINE INC NOTE 1.000% 6/0	principal	39,383,000	$41.7M	-19,000,000
EVERGY INCEVERGY INC NOTE 4.500%12/1	principal	34,100,000	$41.5M	-55,000,000
GUARDANT HEALTH INCGUARDANT HEALTH INC DEBT 1.250% 2/1	principal	21,627,000	$39.6M	+16,627,000
TRANSMEDICS GROUP INCTRANSMEDICS GROUP INC NOTE 1.500% 6/0	principal	25,500,000	$38.2M	+15,500,000
PINNACLE WEST CAP CORPPINNACLE WEST CAP CORP CNV	principal	30,000,000	$32.1M	-37,000,000
HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 1.000% 8/1	principal	23,692,000	$31.5M	+9,692,000
FRESHPET INCFRESHPET INC NOTE 3.000% 4/0	principal	26,463,000	$31M	-19,303,000
ITRON INCITRON INC NOTE 1.375% 7/1	principal	29,599,000	$30M	-27,606,000
PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1	principal	25,000,000	$27.5M	new
JETBLUE AIRWAYS CORPJETBLUE AIRWAYS CORP NOTE 2.500% 9/0	principal	27,896,000	$27.1M	-3,000,000
CHEFS WHSE INCCHEFS WHSE INC NOTE 2.375%12/1	principal	17,689,000	$26.9M	-4,958,000
LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN Convertible	principal	25,500,000	$26.9M	new
IRHYTHM HOLDINGS INCIRHYTHM HOLDINGS INC NOTE 1.500% 9/0	principal	15,291,000	$21.4M	+291,000
JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD Convertible	principal	15,000,000	$20M	new
LEMAITRE VASCULAR INCLEMAITRE VASCULAR INC NOTE 2.500% 2/0	principal	20,000,000	$19.9M	new
ANI PHARMACEUTICALS INCANI PHARMACEUTICALS INC NOTE 2.250% 9/0	principal	15,000,000	$18.9M	-4,500,000
COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.250% 4/0	principal	18,410,000	$18.9M	-11,590,000
RAMACO RES INCRAMACO RES INC NOTE 11/0	principal	18,000,000	$15.2M	new
ALIGNMENT HEALTHCARE INCALIGNMENT HEALTHCARE INC NOTE 4.250%11/1	principal	8,850,000	$13.4M	new
GLOBAL PMTS INCGLOBAL PMTS INC NOTE 1.500% 3/0	principal	11,000,000	$9.88M	-36,250,000
GREEN PLAINS INCGREEN PLAINS INC NOTE 5.250%11/0	principal	8,776,000	$9.29M	new
NUTANIX INCNUTANIX INC Convertible	principal	5,428,000	$6.11M	-15,397,000
BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC Convertible	principal	5,000,000	$5.63M	new
STRIDE INCSTRIDE INC NOTE 1.125% 9/0	principal	4,000,000	$5.46M	-56,956,000
ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0	principal	5,000,000	$4.75M	new
SYNAPTICS INCSYNAPTICS INC NOTE 0.750%12/0	principal	3,000,000	$3.17M	new
GREEN PLAINS INCGREEN PLAINS INC DEBT 5.250%11/0	principal	1,752,000	$1.86M	new
GREEN PLAINS INCGREEN PLAINS INC NOTE 2.250% 3/1	principal	1,149,000	$1.1M	-8,776,000
LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500% 6/1	principal	382,000	$1.08M	new

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

The largest 100 of 2,293. All 2,293

Security	Shares before	Value before	Type
WEXWEX INC	869,761	$137M	shares
KKELLANOVA	1,393,252	$114M	shares
DYNFBLACKROCK ETF TRUST	1,567,704	$92.8M	shares
TBFGETF SER SOLUTIONS	3,085,371	$91.1M	shares
NINISOURCE INC	2,040,300	$88.3M	call
STRIVE INCSTRIVE INC	34,783,581	$87M	shares
USHYISHARES TR	2,295,906	$86.7M	shares
AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC	85,924,000	$80.9M	principal
TOTALENERGIES SE -SPON ADRTOTALENERGIES SE -SPON ADR	1,275,600	$76.1M	call
KLARKLARNA GROUP PLC	2,021,303	$74.1M	shares
VARONIS SYS INCVARONIS SYS INC	67,382,000	$72.8M	principal
SQQQProShares UltraPro Short QQQ	4,676,980	$71.2M	call
SIRIUSXM HOLDINGS INCSIRIUSXM HOLDINGS INC	59,350,000	$62.1M	principal
LNWOLIGHT & WONDER INC	721,869	$60.6M	shares
IUSBISHARES TR	1,281,984	$59.9M	shares
MERUS N VMERUS N V	614,538	$57.9M	shares
FCNCAFIRST CTZNS BANCSHARES INC D	30,195	$54M	shares
IEFAISHARES TR	606,052	$52.9M	shares
CIFRCIPHER DIGITAL INC	4,198,307	$52.9M	shares
UNILEVER PLCUNILEVER PLC	859,000	$50.9M	call
SQQQProShares UltraPro Short QQQ	3,264,120	$49.7M	put
VERONA PHARMA PLCVERONA PHARMA PLC	461,869	$49.3M	shares
CLSKCLEANSPARK INC	3,380,329	$49M	shares
ZEEKR INTELLIGENT TECHNOLOGYZEEKR INTELLIGENT TECHNOLOGY	1,567,649	$47.8M	shares
IMAXIMAX CORP	1,451,820	$47.5M	shares
FUNSIX FLAGS ENTERTAINMENT CORP	2,044,975	$46.5M	shares
UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC	29,000,000	$42.7M	principal
ETENERGY TRANSFER L P	2,386,663	$41M	shares
BOX INCBOX INC	39,670,000	$40M	principal
SITMSITIME CORP	132,362	$39.9M	shares
SPRSPIRIT AEROSYSTEMS HLDGS INC	1,010,105	$39M	shares
FASDIREXION SHARES ETF TRUST	201,868	$35.9M	shares
BLSHBULLISH	557,717	$35.5M	shares
AKRACADIA RLTY TR	1,741,120	$35.1M	shares
VERTEX INCVERTEX INC	34,274,000	$34.9M	principal
SNOWFLAKE INCSNOWFLAKE INC	22,247,000	$34.9M	principal
METCRAMACO RES INC	1,046,317	$34.7M	shares
CPNGCOUPANG INC	1,059,308	$34.1M	shares
IVERSIFIED ENERGY COMPANY PIVERSIFIED ENERGY COMPANY P	2,379,205	$33.3M	shares
EFGISHARES TR	291,314	$33.2M	shares
AKROAKERO THERAPEUTICS INC	685,842	$32.6M	shares
FIGRFIGURE TECHNOLOGY SOLUTIO	885,127	$32.2M	shares
EYPTEYEPOINT INC	2,135,389	$30.4M	shares
UNILEVER PLCUNILEVER PLC	466,542	$27.7M	shares
DFICDIMENSIONAL ETF TRUST	818,559	$26.8M	shares
EWUISHARES TR	633,973	$26.6M	shares
MR COOPER GROUP INCMR COOPER GROUP INC	125,100	$26.4M	put
OSI SYSTEMS INCOSI SYSTEMS INC	17,700,000	$25.6M	principal
SFSTIFEL FINL CORP	222,483	$25.2M	shares
BOOTBOOT BARN HLDGS INC	144,805	$24M	shares
HPPHUDSON PAC PPTYS INC	8,572,540	$23.7M	shares
SIISPROTT INC	279,944	$23.3M	shares
ENTGENTEGRIS INC	249,553	$23.1M	shares
JCPBJ P MORGAN EXCHANGE TRADED F	480,836	$22.9M	shares
ACWIISHARES TR	162,097	$22.4M	shares
GDXJVANECK ETF TRUST	222,212	$22M	shares
BLDTOPBUILD COR	55,248	$21.6M	shares
RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC	20,000,000	$20.8M	principal
SDSPROSHARES TR	1,436,400	$20.8M	put
ASXASE TECHNOLOGY HLDG CO LTD	1,849,169	$20.5M	shares
MR COOPER GROUP INCMR COOPER GROUP INC	95,000	$20M	call
AAXJISHARES TR	214,735	$19.6M	shares
MORNMORNINGSTAR INC	84,318	$19.6M	shares
TLTISHARES TR	214,580	$19.2M	shares
FDDFIRST TR EXCHANGE-TRADED FD	1,169,383	$18.9M	shares
DEXCOM INCDEXCOM INC	20,500,000	$18.7M	principal
ICSHISHARES TR	364,879	$18.5M	shares
HALOHALOZYME THERAPEUTICS INC	244,801	$18M	shares
ETHZILLA CORPORATIONETHZILLA CORPORATION	7,425,015	$17.9M	shares
ProShares UltraPro Short S&…ProShares UltraPro Short S&P 500	1,324,200	$17.9M	put
MUBISHARES TR	164,798	$17.5M	shares
USFDUS FOODS HLDG CORP	223,991	$17.2M	shares
FHIFEDERATED HERMES INC	326,545	$17M	shares
HCM II ACQUISITION CORPHCM II ACQUISITION CORP	1,030,421	$16.9M	shares
WEC ENERGY GROUP INCWEC ENERGY GROUP INC	14,000,000	$16.8M	principal
TRIPTRIPADVISOR INC	1,007,768	$16.4M	shares
ESEESCO TECHNOLOGIES INC	75,255	$15.9M	shares
JAAAJANUS DETROIT STR TR	311,094	$15.8M	shares
INTERPUBLIC GROUP COSINTERPUBLIC GROUP COS	560,852	$15.7M	shares
CGGOCAPITAL GROUP GBL GROWTH EQT	451,392	$15.4M	shares
SNOWFLAKE INCSNOWFLAKE INC	10,128,000	$15.4M	principal
ADTADT INC DEL	1,727,900	$15.1M	call
FTSMFIRST TR EXCHANGE-TRADED FD	249,581	$15M	shares
SGRYSURGERY PARTNERS INC	685,000	$14.8M	call
DFEMDIMENSIONAL ETF TRUST	460,193	$14.8M	shares
JPSTJ P MORGAN EXCHANGE TRADED F	289,664	$14.7M	shares
UNILEVER PLCUNILEVER PLC	237,000	$14M	put
SLVISHARES SILVER TR	327,822	$13.9M	shares
FBNDFIDELITY MERRIMACK STR TR	293,309	$13.6M	shares
DFGPDIMENSIONAL ETF TRUST	244,060	$13.6M	shares
SCHDSCHWAB STRATEGIC TR	465,006	$12.7M	shares
REPLIGEN CORPREPLIGEN CORP	11,925,000	$12M	principal
ProShares Ultra VIX Short-T…ProShares Ultra VIX Short-Term Fu…	1,130,080	$11.8M	call
BFHBREAD FINANCIAL HOLDINGS INC	211,049	$11.8M	shares
TILRAY INCTILRAY INC	6,800,500	$11.8M	call
BIVVANGUARD BD INDEX FDS	146,882	$11.5M	shares
VSSVANGUARD INTL EQUITY INDEX F	79,517	$11.3M	shares
CANTOR EQUITY PARTNERS INCCANTOR EQUITY PARTNERS INC	499,600	$11.2M	call
YieldMax MSTR Option Income…YieldMax MSTR Option Income Strat…	797,600	$11.1M	call
PAAAPGIM ETF TR	216,121	$11.1M	shares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001104659-26-016408	base		2026-02-17	acceptance time not in the bulk data set	2026-10-07 03:01:36 UTC