The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
890 5TH AVE PARTNERS INC COM CL A 28250A105 198 20,000 SH   DFND   20,000 0 0
ACCELERATE ACQUISITION CORP UNIT 99/99/9999 00439D201 228 22,670 SH   DFND   22,670 0 0
ADIT EDTECH ACQUISITION CORP UNIT 99/99/9999 007024201 139 13,900 SH   DFND   13,900 0 0
AF ACQUISITION CORP UNIT 03/23/2028 001040203 398 40,601 SH   DFND   40,601 0 0
AGILE GROWTH CORP UNIT 03/09/2026 G01202129 198 20,000 SH   DFND   20,000 0 0
ALTITUDE ACQUISITION CORP *W EXP 11/30/202 02156Y111 14 20,000 SH   DFND   20,000 0 0
ARCHER AVIATION INC COM CL A 03945R102 89 10,000 SH   DFND   10,000 0 0
ARCHIMEDES TECH SPAC PARTNR UNIT 03/10/2026 039562202 399 40,099 SH   DFND   40,099 0 0
ARES ACQUISITION CORPORATION COM CL A G33032106 188 19,322 SH   DFND   19,322 0 0
ARK ETF TR INNOVATION ETF 00214Q104 6 20,000 SH Put DFND   20,000 0 0
ASA GOLD AND PRECIOUS MTLS L SHS G3156P103 191 10,117 SH   DFND   10,117 0 0
ATHENA TECHNOLOGY ACQUISI CO *W EXP 03/31/202 04687A117 27 20,000 SH   DFND   20,000 0 0
ATHENA TECHNOLOGY ACQUISI CO COM CLASS A 04687A109 199 20,033 SH   DFND   20,033 0 0
ATHENA TECHNOLOGY ACQUISI CO UNIT 99/99/9999 04687A208 211 20,300 SH   DFND   20,300 0 0
ATLANTIC COASTAL ACQUISTN CO UNIT 03/02/2026 048453203 581 58,718 SH   DFND   58,718 0 0
AUSTERLITZ ACQUISITION CORP *W EXP 02/19/202 G0633U127 19 18,400 SH   DFND   18,400 0 0
AUSTERLITZ ACQUISITION CORP COM CL A G0633U101 195 20,000 SH   DFND   20,000 0 0
AVAYA HLDGS CORP NOTE 2.250% 6/1 05351XAB7 4,860 4,640,000 PRN   DFND   4,640,000 0 0
BITE ACQUISITION CORP UNIT 99/99/9999 09175K204 159 15,883 SH   DFND   15,883 0 0
BOA ACQUISITION CORP UNIT 99/99/9999 05601A208 301 30,510 SH   DFND   30,510 0 0
BRIDGETOWN 2 HOLDINGS LTD CL A G1355V103 99 10,000 SH   DFND   10,000 0 0
BROADSTONE ACQUISITION CORP SHS CL A G1739V100 656 65,973 SH   DFND   65,973 0 0
BUILD ACQUISITION CORP UNIT 99/99/9999 12008J204 362 36,154 SH   DFND   36,154 0 0
CAPSTAR SPL PURP ACQUISITION COM CL A 14070Y101 198 20,000 SH   DFND   20,000 0 0
CARTESIAN GROWTH CORP UNIT 02/26/2028 G19276123 163 16,000 SH   DFND   16,000 0 0
CBRE ACQUISITION HLDGS INC *W EXP 99/99/999 12510J114 17 10,000 SH   DFND   10,000 0 0
CC NEUBERGER PRIN HLDGS II SHS CL A G3166T103 164 16,684 SH   DFND   16,684 0 0
CENTER COAST BRKFLD MLP ENRG SHS BEN INT 151461209 269 19,362 SH   DFND   19,362 0 0
CERBERUS TELECOM ACQUISITION SHS CL A G2040C104 78 10,000 SH   DFND   10,000 0 0
CHURCHILL CAPITAL CORP VII COM CL A 17144M102 97 10,000 SH   DFND   10,000 0 0
COHN ROBBINS HOLDINGS CORP *W EXP 08/28/202 G23726113 9 10,000 SH   DFND   10,000 0 0
COHN ROBBINS HOLDINGS CORP COM CL A G23726105 589 60,000 SH   DFND   60,000 0 0
CONSTELLATION ACQUISITN CORP UNIT 99/99/9999 G2R18K121 99 10,000 SH   DFND   10,000 0 0
CONX CORP *W EXP 10/30/202 212873111 12 10,000 SH   DFND   10,000 0 0
CONX CORP COM CL A 212873103 245 25,000 SH   DFND   25,000 0 0
CORAZON CAPITAL V838 MONOCER UNIT 03/24/2026 G24237110 144 14,408 SH   DFND   14,408 0 0
COVA ACQUISITION CORP CL A SHS G2554Y104 201 20,655 SH   DFND   20,655 0 0
CROWN PROPTECH ACQUISITIONS UNIT 99/99/9999 G25741128 453 46,100 SH   DFND   46,100 0 0
D AND Z MEDIA ACQUISITION CO COM CL A 23305Q106 169 17,400 SH   DFND   17,400 0 0
DD3 ACQUISITION CORP II COM CL A 23318M100 99 10,000 SH   DFND   10,000 0 0
DELAWARE ENHANCED GLOBAL DIV COM 246060107 364 35,935 SH   DFND   35,935 0 0
DHC ACQUISITION CORP CLASS A ORD SHS G2758T109 195 20,000 SH   DFND   20,000 0 0
DISRUPTIVE ACQUISITION CORP UNIT 03/06/2026 G2770Y110 279 28,166 SH   DFND   28,166 0 0
DMY TECHNOLOGY GROUP INC IV *W EXP 03/04/202 23344K110 19 10,000 SH   DFND   10,000 0 0
DMY TECHNOLOGY GROUP INC IV COM CL A 23344K102 347 35,000 SH   DFND   35,000 0 0
EAST RES ACQUISITION CO COM CL A 274681105 204 20,705 SH   DFND   20,705 0 0
EFFECTOR THERAPEUTICS INC *W EXP 12/31/202 28202V116 37 22,935 SH   DFND   22,935 0 0
ENDO INTL PLC SHS G30401106 122 37,500 SH   DFND   37,500 0 0
EQ HEALTH ACQUISITION CORP UNIT 02/02/2028 26886A200 154 15,404 SH   DFND   15,404 0 0
EVO ACQUISITION CORP UNIT 99/99/9999 30052G207 288 28,900 SH   DFND   28,900 0 0
FAR PEAK ACQUISITION CORP SHS CL A G3312L103 149 15,000 SH   DFND   15,000 0 0
FIRST TR ENERGY INFRASTRCTR COM 33738C103 165 12,939 SH   DFND   12,939 0 0
FLAME ACQUISITION CORP COM CL A 33850F108 194 20,000 SH   DFND   20,000 0 0
FRONTIER INVESTMENT CORP UNIT 06/29/2026 G36816117 99 10,000 SH   DFND   10,000 0 0
GAMCO NAT RES GOLD & INCOME SH BEN INT 36465E101 680 134,081 SH   DFND   134,081 0 0
GDL FD COM SH BEN IT 361570104 2,145 238,869 SH   DFND   238,869 0 0
GIGCAPITAL4 INC COM 37518G101 502 50,953 SH   DFND   50,953 0 0
GO ACQUISITION CORP COM 362019101 151 15,419 SH   DFND   15,419 0 0
GOAL ACQUISITIONS CORP COM 38021H107 195 20,014 SH   DFND   20,014 0 0
GOLDEN ARROW MERGER CORP UNIT 07/31/2026 380799205 693 70,000 SH   DFND   70,000 0 0
GOOD WKS II ACQUISITION CORP *W EXP 02/01/202 38216G112 13 20,000 SH   DFND   20,000 0 0
GOOD WKS II ACQUISITION CORP COMMON STOCK 38216G104 391 40,000 SH   DFND   40,000 0 0
GORES GUGGENHEIM INC CLASS A COM 38286Q107 409 40,000 SH   DFND   40,000 0 0
GORES GUGGENHEIM INC CLASS A COM 38286Q107 3 10,000 SH Call DFND   10,000 0 0
GORES GUGGENHEIM INC UNIT 03/25/2028 38286Q206 249 23,415 SH   DFND   23,415 0 0
GROWTH CAP ACQUISITION CORP UNIT 06/01/2027 39986V206 530 51,040 SH   DFND   51,040 0 0
GX ACQUISITION CORP II UNIT 03/17/2026 36260F204 99 10,000 SH   DFND   10,000 0 0
HAYMAKER ACQUISITION CORP II UNIT 03/01/2026 42087R207 191 19,236 SH   DFND   19,236 0 0
HEALTHCARE CAPITAL CORP *W EXP 12/31/202 42228C119 10 15,000 SH   DFND   15,000 0 0
HEALTHCARE CAPITAL CORP COM CL A 42228C101 148 15,000 SH   DFND   15,000 0 0
HEALTHCOR CATALIO ACQU CORP CL A SHS G44125105 99 10,000 SH   DFND   10,000 0 0
IG ACQUISITION CORP COM CL A 449534106 294 30,000 SH   DFND   30,000 0 0
INNOVATIVE INDL PPTYS INC COM 45781V101 10 25,000 SH Put DFND   25,000 0 0
IRON SPARK I INC CLASS A COM 46301G103 550 55,000 SH   DFND   55,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 29 300,000 SH Put DFND   300,000 0 0
KHOSLA VENTURES ACQUISITION CL A 482504107 394 39,900 SH   DFND   39,900 0 0
KISMET ACQUISITION TWO CORP UNIT 99/99/9999 G52807123 296 30,000 SH   DFND   30,000 0 0
LEFTERIS ACQUISITION CORP COM CL A 52470X109 191 19,488 SH   DFND   19,488 0 0
LOGAN RIDGE FINANCE CORP COM 541098109 1,088 42,320 SH   DFND   42,320 0 0
MAGNUM OPUS ACQUISITION LTD UNIT 06/03/2026 G5S70A120 210 20,000 SH   DFND   20,000 0 0
MARLIN TECHNOLOGY CORP UNIT 99/99/9999 G58411128 177 17,650 SH   DFND   17,650 0 0
MASON INDUSTRIAL TECHNOLGY I UNIT 99/99/9999 57520Y205 235 23,613 SH   DFND   23,613 0 0
MCAP ACQUISITION CORP *W EXP 03/02/202 55282T117 22 20,000 SH   DFND   20,000 0 0
MEDICUS SCIENCES ACQUISITION CL A SHS G5960S108 98 10,000 SH   DFND   10,000 0 0
MILLER HOWARD HIGH INC EQTY COM SHS BEN IN 600379101 110 11,211 SH   DFND   11,211 0 0
NEWBURY STREET ACQUISITN COR UNIT 04/30/2028 65101L203 246 24,826 SH   DFND   24,826 0 0
NEXPOINT STRATEGIC OPPORTES COM NEW 65340G205 320 22,971 SH   DFND   22,971 0 0
NEXTGEN ACQUISITION CORP II UNIT 03/23/2026 G65317110 311 30,367 SH   DFND   30,367 0 0
NORWEGIAN CRUISE LINE HLDG L SHS G66721104 10 46,200 SH Put DFND   46,200 0 0
NUVEEN DIVERSIFIED DIVID & I COM 6706EP105 349 33,666 SH   DFND   33,666 0 0
ORIGIN MATERIALS INC *W EXP 06/24/202 68622D114 18 11,188 SH   DFND   11,188 0 0
OYSTER ENTERPRISES ACQ CORP UNIT 01/20/2026 69242M203 332 33,192 SH   DFND   33,192 0 0
PERSHING SQUARE TONTINE HLDG COM CL A 71531R109 1,110 56,370 SH   DFND   56,370 0 0
PIMCO ENERGY & TACTICAL CR O COM SHS BEN INT 69346N107 416 34,060 SH   DFND   34,060 0 0
POWER & DIGITAL INFRA ACQ CO COM CL A 739190106 138 13,659 SH   DFND   13,659 0 0
POWER REIT COM 73933H101 430 8,608 SH   DFND   8,608 0 0
PROGRESS ACQUISITION CORP UNIT 12/25/2025 74327P204 156 15,600 SH   DFND   15,600 0 0
REDBALL ACQUISITION CORP COM CL A G7417R105 143 14,567 SH   DFND   14,567 0 0
REINVENT TECHNOLOGY PARTNERS CLASS A ORD SHS G7484L106 104 10,505 SH   DFND   10,505 0 0
RMR MORTGAGE TR COM 76970B101 1,469 142,436 SH   DFND   142,436 0 0
ROTH CH ACQUISITION III CO COM 77867Q102 298 30,000 SH   DFND   30,000 0 0
ROYAL CARIBBEAN GROUP COM V7780T103 12 30,000 SH Put DFND   30,000 0 0
SEVEN OAKS ACQUISITION CORP COM CL A 81787X106 399 40,190 SH   DFND   40,190 0 0
SHAPEWAYS HOLDINGS INC *W EXP 99/99/999 81947T110 12 12,000 SH   DFND   12,000 0 0
SILVER CREST ACQUISITION COR UNIT 12/15/2025 G81355110 202 20,000 SH   DFND   20,000 0 0
SLAM CORP CL A SHS G8210L105 102 10,500 SH   DFND   10,500 0 0
SOCIAL CAPITAL HEDOSOPHA HLD *W EXP 09/26/202 G8251L113 28 15,234 SH   DFND   15,234 0 0
SOCIAL CAPITAL HEDOSOPHA HLD SHS CL A G8251L105 406 40,000 SH   DFND   40,000 0 0
SPDR GOLD TR GOLD SHS 78463V107 15 125,000 SH Call DFND   125,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 5 20,000 SH Call DFND   20,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 11 50,000 SH Put DFND   50,000 0 0
TAILWIND INTERNATNAL ACQ COR UNIT 99/99/9999 G8662F127 485 48,950 SH   DFND   48,950 0 0
TB SA ACQUISITION CORP UNIT 03/25/2028 G8657L113 590 59,800 SH   DFND   59,800 0 0
THE BEACHBODY COMPANY INC *W EXP 12/31/202 073463119 19 15,893 SH   DFND   15,893 0 0
THIMBLE POINT ACQUISITION CO COM CL A 88408P107 348 35,000 SH   DFND   35,000 0 0
TMC THE METALS COMPANY INC *W EXP 09/09/202 87261Y114 10 10,000 SH   DFND   10,000 0 0
TREBIA ACQUISITION CORP COM CL A G9027T109 99 10,000 SH   DFND   10,000 0 0
TREMONT MTG TR COM 894789106 52 10,000 SH   DFND   10,000 0 0
VELOCITY ACQUISITION CORP COM CL A 92259E104 99 10,000 SH   DFND   10,000 0 0
VELOCITY ACQUISITION CORP UNIT 99/99/9999 92259E203 111 11,000 SH   DFND   11,000 0 0
VIRTUOSO ACQUISITION CORP COM CL A 92837J104 1,007 101,620 SH   DFND   101,620 0 0
VISTRA CORP COM 92840M102 787 46,000 SH   DFND   46,000 0 0
VPC IMPACT ACQU HOLDI III IN COM CL A 91835J108 204 20,600 SH   DFND   20,600 0 0
YUCAIPA ACQUISITION CORP COM G9879L105 494 50,000 SH   DFND   50,000 0 0