#	Issuer	Ticker	Shares	Value	% of Portfolio
1	M3-Brigade Acquisition V Corp	G63212107	3,889,052	$41.3M	4.74%
2	Cantor Equity Partners I Inc	CEPO	2,949,729	$30.7M	3.52%
3	ARMADA ACQUISITION CORP II	XRPNW	2,974,719	$30.5M	3.49%
4	Republic Digital Acquisition Co	RDAGW	2,970,000	$30.1M	3.45%
5	Cantor Equity Partners III Inc	G1828A108	2,783,768	$28.4M	3.26%
6	Apex Treasury Corp	APXTW	2,739,443	$27.1M	3.11%
7	Crane Harbor Acquisition Corp II	CR	2,639,790	$26.6M	3.05%
8	Gores Holdings X Inc	G4002F109	2,500,000	$25.6M	2.94%
9	Dynamix Corp	ETHMW	2,473,400	$25.5M	2.92%
10	Invest Acquisition Corp	G4923T105	2,000,000	$24.0M	2.75%
11	Cal Redwood Acquisition Corp	CRAQU	2,276,418	$23.0M	2.64%
12	ProCap Acquisition Corp	PCAPW	2,220,025	$22.5M	2.58%
13	Trailblazer Acquisition Corp	BLZRW	2,225,911	$22.3M	2.56%
14	Aurora Innovation Inc	AUROW	22,500,000	$21.9M	2.51%
15	Cantor Equity Partners IV Inc	G1828E100	2,122,416	$21.8M	2.50%
16	Cohen Circle Acquisition Corp II	COHN	2,112,489	$21.6M	2.48%
17	New America Acquisition I Corp	023634207	1,998,502	$20.8M	2.39%
18	Roman DBDR Acquisition Corp II	DRDBW	1,983,186	$20.7M	2.37%
19	Vendome Acquisition Corp I	VNMEW	1,999,794	$20.1M	2.30%
20	D Boral ARC Acquisition I Corp	G2616F101	1,928,291	$19.3M	2.22%