Disclosed positions
| DIVERSIFIED HEALTHCARE TR | DHC | COM SH BEN INT | $218,429,118 | 23,487,002 | SH | None |
| ISHARES TR | HYG | IBOXX HI YD ETF | $176,733,700 | 2,210,000 | SH | Put |
| CORE NATURAL RESOURCES INC | CNR | SHSCOM | $93,284,275 | 1,165,762 | SH | None |
| SERVICE PPTYS TR | SVC | COM SH BEN INT | $86,211,035 | 51,012,447 | SH | None |
| ROYAL BK CDA | RY | COM | $79,683,450 | 385,000 | SH | Put |
| CANADIAN IMPERIAL BANK OF CO | CM | COM | $66,987,500 | 582,500 | SH | Put |
| TORONTO DOMINION BK ONT | TD | COM NEW | $56,161,375 | 462,500 | SH | Put |
| MARRIOTT INTL INC NEW | MAR | CL A | $45,174,921 | 121,900 | SH | Put |
| BANK MONTREAL MEDIUM | BMO | COM | $44,528,400 | 252,000 | SH | Put |
| HOWARD HUGHES HOLDINGS INC | HHH | COM | $44,353,683 | 620,418 | SH | None |
| CARVANA CO | CVNA | CL A | $40,676,760 | 618,000 | SH | Put |
| HILTON WORLDWIDE HLDGS INC | HLT | COM | $38,168,130 | 115,500 | SH | Put |
| AFFIRM HLDGS INC | AFRM | COM CL A | $31,804,500 | 390,000 | SH | Put |
| GRIFOLS S A | GRFS | SP ADR REP B NVT | $30,795,933 | 4,349,708 | SH | None |
| SPDR SERIES TRUST | KIE | ST STR SP INS | $24,597,267 | 403,300 | SH | Put |
| ISHARES TR | IYR | U.S. REAL ES ETF | $23,517,500 | 230,000 | SH | Put |
| ROYAL CARIBBEAN GROUP | RCL | COM | $22,862,160 | 72,000 | SH | Put |
| BANK NOVA SCOTIA B C | BNS | COM | $20,190,300 | 232,500 | SH | Put |
| TEEKAY CORPORATION LTD | TK | SHS | $17,689,150 | 1,768,915 | SH | None |
| RMR GROUP INC | RMR | CL A | $17,686,739 | 861,507 | SH | None |
| MGM RESORTS INTERNATIONAL | MGM | COM | $17,211,600 | 360,000 | SH | Put |
| ARDMORE SHIPPING CORP | ASC | COM | $13,293,599 | 948,865 | SH | None |
| FISERV INC | FISV | COM | $11,772,000 | 240,000 | SH | None |
| WELLTOWER INC | WELL | COM | $9,373,861 | 41,300 | SH | Put |
| TRANSOCEAN LTD | RIG | REGISTERED SHS | $7,842,474 | 1,603,778 | SH | None |
| EQT CORP | EQT | COM | $7,709,650 | 145,000 | SH | None |
| CORE NATURAL RESOURCES INC | CNR | SHSCOM | $7,601,900 | 95,000 | SH | Call |
| FMC CORP | FMC | COM NEW | $7,448,228 | 647,672 | SH | None |
| MARRIOTT VACATIONS WORLDWIDE | VAC | COM | $7,131,600 | 70,000 | SH | Put |
| PERFORMANCE FOOD GROUP CO | PFGC | COM | $6,148,450 | 55,000 | SH | Put |
| VENTAS INC | VTR | COM | $5,905,200 | 66,500 | SH | Put |
| SEACOR MARINE HLDGS INC | SMHI | COM | $5,230,895 | 683,777 | SH | None |
| SUMMIT MIDSTREAM CORPORATION | SMC | COM | $4,514,564 | 158,517 | SH | None |
| RYMAN HOSPITALITY PPTYS INC | RHP | COM | $4,177,875 | 32,500 | SH | Put |
| INDUSTRIAL LOGISTICS PPTYS T | ILPT | COM SHS BEN INT | $3,292,464 | 371,191 | SH | None |
| I-80 GOLD CORP | IAUX | COM | $2,603,324 | 1,807,864 | SH | None |
| PEABODY ENGR CORP | BTU | COM | $1,722,486 | 74,502 | SH | None |
| ORCHESTRA BIOMED HLDGS INC | OBIO | COM | $1,084,670 | 251,372 | SH | None |
| PANGAEA LOGISTICS SOLUTION L | PANL | SHS | $973,739 | 149,806 | SH | None |
| PERDOCEO ED CORP | PRDO | COM | $953,600 | 29,800 | SH | Put |
| SEVEN HILLS REALTY TRUST | SEVN | COM | $700,052 | 83,043 | SH | None |
| BROOKDALE SR LIVING INC | Unresolved | NOTE 2.000%10/1 | $625,669 | 315,000 | PRN | None |
| STRATEGIC ED INC | STRA | COM | $421,410 | 5,500 | SH | Put |
No matching rows. Clear the filter to see all records.
Largest 50 positions by reported value; the filing may contain more positions.
How amendments affect these holdings
This view uses 1 effective filing version(s). A restatement replaces the previous book; a new-holdings amendment adds positions. 1 positions lack a resolved ticker and 22 positions are put or call entries.
A 13F is a delayed quarterly snapshot of disclosed holdings. It is not a complete trade ledger and does not reveal every position in a manager's portfolio. Option values refer to the reported underlying position rather than a traded option premium.
Quarter end and public filing date
Use the filing's public availability date when constructing a historical observation. The quarter-end report period is earlier and cannot be substituted for when the public learned the holdings.