SOURCE CAPITAL /DE/ — Regulatory Filings 2024

Aug 29, 2024

xml version="1.0" encoding="UTF-8"? NPORT-P false 0000091847 XXXXXXXX SOURCE CAPITAL INC /DE/ 811-01731 0000091847 549300SKP40828EGYZ60 11601 Wilshire Boulevard Suite 1200 Los Angeles 90025 310-473-0225 Source Capital, Inc. 549300SKP40828EGYZ60 2024-12-31 2024-06-30 N 398606142.630000000000 22335629.640000000000 376270512.990000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 1194444.730000000000 EUR USD N Diamond Issuer LLC N/A Diamond Issuer LLC 25267TAS0 1000000 PA USD 847883 0.2253386781 Long ABS-O CORP US Y 2 2051-11-20 Fixed 3.7870 N N N N N N Elm Trust N/A Elm 2020-4 Trust 28924AAC5 543438.5440 PA USD 512717.96 0.1362631251 Long ABS-O CORP US Y 2 2029-10-20 Fixed 3.8660 N N N N N N Elm Trust N/A Elm 2020-3 Trust 289338AB1 31628.70 PA USD 30429.12 0.0080870329 Long ABS-O CORP US Y 2 2029-08-20 Fixed 2.9540 N N N N N N Elm Trust N/A Elm 2020-3 Trust 289338AC9 85002.3040 PA USD 80713.34 0.0214508810 Long ABS-O CORP US Y 2 2029-08-20 Fixed 4.4810 N N N N N N Fortress Credit Opportunities 2549008RD44HDM6DNP14 Fortress Credit Opportunities IX CLO Ltd. 34961MAE7 5186000 PA USD 5186223 1.3783229940 Long ABS-CBDO CORP KY Y 2 2033-10-15 Floating 13.650170 N N N N N N FRONTIER COMMUNICATIONS N/A Frontier Communications Holdings LLC 35906ABE7 453000 PA USD 441108.75 0.1172318146 Long DBT CORP US Y 2 2027-10-15 Fixed 5.8750 N N N N N N Nexon Co Ltd 5299005SFO0GAJFLKN43 Nexon Co., Ltd. 999999999 83639 NS 1546559.92 0.4110234171 Long EC CORP JP N 1 N N N TCP Whitney CLO LTD 549300YFKQJL35BDIM44 TCP Waterman Clo LLC 87240GAG6 1571000 PA USD 1571805.92 0.4177329516 Long ABS-CBDO CORP KY Y 2 2033-08-20 Floating 13.747350 N N N N N N TVEST 2020A, LLC N/A TVEST 2020A LLC 90115AAA8 9872.2910 PA USD 9847.44 0.0026171171 Long ABS-O CORP US Y 2 2032-07-15 Fixed 4.50 N N N N N N UPWORK INC 5493004QJ6WWBXVE2S70 Upwork, Inc. 91688FAB0 2500000 PA USD 2217715 0.5893937801 Long DBT CORP US N 2 2026-08-15 Fixed 0.25 N N N N Y Upwork Inc Upwork Inc USD XXXX N N N VT TOPCO INC 5493007T812R37X02Y38 VT Topco, Inc. 91838PAA9 421000 PA USD 442050 0.1174819670 Long DBT CORP US Y 2 2030-08-15 Fixed 8.50 N N N N N N VCP RRL ABS I, Ltd N/A VCP RRL ABS I Ltd. 92243RAC8 893225.1680 PA USD 829105 0.2203481196 Long ABS-O CORP US Y 2 2031-10-20 Fixed 2.8480 N N N N N N FARFETCH U.S. HOLDINGS BANK DEBT 10/20/2027 / N/A FARFETCH U.S. HOLDINGS BANK DEBT 10/20/2027 / 30745BAB8 2133145.40 PA USD 1978492.36 0.5258164782 Long LON CORP US Y 2 2027-10-20 None 11.574560 N N N N N N HLEND SENIOR NOTES DUE 3/15/2028 / N/A HLEND SENIOR NOTES DUE 3/15/2028 / 952JRDII2 3500000 PA USD 3500000 0.9301818450 Long DBT CORP US Y 3 2028-03-15 Fixed 8.17 N N N N N N LIGHT COMMERCIAL FND / N/A LIGHT COMMERCIAL FND / 952KGZ901 1480000 PA USD 1443067.33 0.3835185804 Long DBT CORP US Y 3 2099-12-31 None 0 N N N N N N ELEMENT COMMERCIAL FUNDING LP / N/A ELEMENT COMMERCIAL FUNDING LP / 952PMBII7 2360000 PA USD 2341740.81 0.6223556535 Long DBT CORP US Y 3 2099-12-31 None 0 N N N N N N PRG MYRTLE DRAWDOWN BANK DEBT 06/15/2025 / N/A PRG MYRTLE DRAWDOWN BANK DEBT 06/15/2025 / 953BGJII7 3000000 PA USD 3000000 0.7972987243 Long LON CORP US Y 3 2025-06-15 None 1.90 N N N N N N SILVERVIEW CREDIT OP ONSHORE FUND LP / N/A SILVERVIEW CREDIT OP ONSHORE FUND LP / 966LHXII8 34745.0830 OU Other Units USD 1688419 0.4487247716 Long PF US Y N/A N N N MSD REAL ESTATE CREDIT OPPS FD / N/A MSD REAL ESTATE CREDIT OPPS FD / 966RVUII5 30000 OU Other Units USD 3528730.47 0.9378174340 Long PF US Y N/A N N N EPIC GAMES, INC. PRIVATE COMMON STOCK / N/A EPIC GAMES, INC. PRIVATE COMMON STOCK / 966TDKII3 4347 NS USD 1156302 0.3073060365 Long EC CORP US Y 3 N N N NEBARI NAT RES CREDIT FD I LP / N/A NEBARI NAT RES CREDIT FD I LP / 966ZTA002 55000 OU Other Units USD 5164209.16 1.3724724584 Long PF US Y N/A N N N SILVERVIEW SPECIAL SIT LD ONSHORE LP / N/A SILVERVIEW SPECIAL SIT LD ONSHORE LP / 967DPC901 48500 OU Other Units USD 4857031 1.2908348734 Long PF US Y N/A N N N ZILLOW GROUP INC 2549002XEELQDIR6FU05 Zillow Group, Inc. 98954MAG6 350000 PA USD 421963.85 0.1121437464 Long DBT CORP US N 2 2026-09-01 Fixed 1.3750 N N N N Y Zillow Group Inc Zillow Group Inc USD XXXX N N N ZILLOW GROUP INC 2549002XEELQDIR6FU05 Zillow Group, Inc. 98954MAH4 48000 PA USD 48378.82 0.0128574572 Long DBT CORP US N 2 2025-05-15 Fixed 2.75 N N N N Y Zillow Group Inc Zillow Group Inc USD XXXX N N N Alibaba Group Holding Ltd 5493001NTNQJDH60PM02 Alibaba Group Holding Ltd. 999999999 28187 NS 254470.23 0.0676295966 Long EC CORP CN N 1 N N N ATLANTIC COAST ACQUISITION-A N/A Atlantic Coastal Acquisition Corp. II 04845A116 11954 NC USD 717.24 0.0001906182 N/A DE CORP US N 1 NASDAQ GM N/A Call Purchased ATLANTIC COASTAL AQS CLASS A COM ATLANTIC COASTAL AQS CLASS A COM 1 11.500000000000 USD 2028-06-02 XXXX -78.29 N N N TIDEWATER, Inc. Sr. SEC 11/16/26 8.5 / N/A TIDEWATER, Inc. Sr. SEC 11/16/26 8.5 / ACI22L8Z7 9600000 PA USD 9972000 2.6502209596 Long DBT CORP US N 2 2026-11-16 Fixed 8.50 N N N N N N Analog Devices Inc GYVOE5EZ4GDAVTU4CQ61 Analog Devices, Inc. 032654105 41465 NS USD 9464800.90 2.5154245611 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 Amazon.com, Inc. 023135106 15596 NS USD 3013927 0.8010000507 Long EC CORP US N 1 N N N Aon PLC 635400FALWQYX5E6QC64 Aon PLC - Class A G0403H108 16270 NS USD 4776546.60 1.2694448369 Long EC CORP US N 1 N N N LEALAND FINANCE CO BV N/A Lealand Finance Co. B.V. N5200EAC5 141926.75 PA USD 78059.71 0.0207456357 Long LON CORP NL Y 2 2027-06-30 Floating 8.457540 N N N N N N FRONTIER COMMUNICATIONS N/A Frontier Communications Holdings LLC 35906EAQ3 1227757.50 PA USD 1224688.11 0.3254807559 Long LON CORP US Y 2 2027-10-08 Floating 9.207540 N N N N N N POLARIS NEWCO LLC 254900LEPDAG7EDOA064 Polaris Newco LLC 73108RAB4 1133935 PA USD 1132925.80 0.3010934317 Long LON CORP US Y 2 2028-06-05 Floating 9.343040 N N N N N N CORNERSTONE ONDEMAND INC 549300Z402F16H5EGH48 Cornerstone OnDemand, Inc. 86803YAB9 72698.49 PA USD 68336.58 0.0181615560 Long LON CORP US Y 2 2028-10-16 Floating 9.343160 N N N N N N VISION SOLUTIONS INC N/A Vision Solutions, Inc. 70477BAE2 72878.78 PA USD 71694.50 0.0190539778 Long LON CORP US Y 2 2028-04-24 Floating 11.75 N N N N N N WH BORROWER LLC N/A WH Borrower LLC 92942LAB7 1146577.50 PA USD 1117913.06 0.2971035522 Long LON CORP US Y 2 2027-02-16 Floating 10.817070 N N N N N N DELIVERY HERO AG 529900C3EX1FZGE48X78 Delivery Hero S.E. 999999999 100000 PA 82471.19 0.0219180582 Long DBT CORP DE N 2 2028-01-15 Fixed 1.50 N N N N N N DELIVERY HERO AG 529900C3EX1FZGE48X78 Delivery Hero S.E. 999999999 3500000 PA 3383631.93 0.8992551404 Long DBT CORP DE N 2 2026-04-30 Fixed 1 N N N N N N BRAND ENGAGEMENT NETWORK INC N/A Brand Engagement Network, Inc. 104932116 13186 NC USD 424.59 0.0001128417 N/A DE CORP US N 1 NASDAQ CM N/A Call Purchased BRAND ENGAGEMENT NTW CLASS A ORD SHS BRAND ENGAGEMENT NTW CLASS A ORD SHS 1 11.500000000000 USD 2027-12-31 XXXX -2603.61 N N N DELIVERY HERO AG 529900C3EX1FZGE48X78 Delivery Hero S.E. ZL0636734 100000 PA 93170.74 0.0247616374 Long DBT CORP DE N 2 2030-02-21 Fixed 3.25 N N N N N N BURTECH ACQUISITION CORP-A N/A BurTech Acquisition Corp. 123013112 94574 NC USD 23643.50 0.0062836441 N/A DE CORP US N 1 NASDAQ GM N/A Call Purchased BURTECH ACQUISITION CLASS A COM BURTECH ACQUISITION CLASS A COM 1 11.500000000000 USD 2026-12-18 XXXX 20629.37 N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 Citigroup, Inc. 172967424 134615 NS USD 8542667.90 2.2703527396 Long EC CORP US N 1 N N N Cie Financiere Richemont SA 549300YIPGJ6UX2QPS51 Cie Financiere Richemont S.A. 999999999 18617 NS 2905992.49 0.7723147017 Long EC CORP CH N 1 N N N Charter Communications Inc 0J0XRGZE3PBRFEZ7MV65 Charter Communications, Inc. - Class A 16119P108 5983 NS USD 1788677.68 0.4753701442 Long EC CORP US N 1 N N N Comcast Corp 51M0QTTNCGUN7KFCFZ59 Comcast Corp. - Class A 20030N101 215600 NS USD 8442896 2.2438367367 Long EC CORP US N 1 N N N Copper Property CTL Pass Throu N/A Copper Property CTL Pass-Through Trust 217519107 16058 NS USD 146288.38 0.0388785129 Long EC CORP US Y 1 N N N CHURCHILL CAPITAL CORP VII-A N/A Churchill Capital Corp. VII 17144M110 9384 NC USD 3284.40 0.0008728826 N/A DE CORP US N 1 NASDAQ GM N/A Call Purchased CHURCHILL CAPITAL CO COM CL A CHURCHILL CAPITAL CO COM CL A 1 11.500000000000 USD 2028-02-29 XXXX 2166.64 N N N Delivery Hero SE 529900C3EX1FZGE48X78 Delivery Hero S.E. 999999999 8390 NS 199013.17 0.0528909822 Long EC CORP DE N 1 N N N JPY SPOT FORWARD CONTRACT / N/A JPY SPOT FORWARD CONTRACT / 999999999 -5462999 OU Currency -33954.87 -0.0090240582 Short STIV JP N 1 N N N Kinder Morgan Inc 549300WR7IX8XE0TBO16 Kinder Morgan, Inc. 49456B101 160090 NS USD 3180988.30 0.8453993045 Long EC CORP US N 1 N N N CarMax Inc N/A CarMax, Inc. 143130102 23348 NS USD 1712342.32 0.4550827824 Long EC CORP US N 1 N N N Marriott International Inc/MD 225YDZ14ZO8E1TXUSU86 Marriott International, Inc. - Class A 571903202 12342 NS USD 2983925.34 0.7930266223 Long EC CORP US N 1 N N N Mcdermott International Ltd 54930004RAXI4B3L4752 Mcdermott International Ltd. G5924V106 503257 NS USD 145944.53 0.0387871292 Long EC CORP US Y 3 N N N LEALAND FINANCE Co. B.V. SUPER SNR EXIT LC / N/A LEALAND FINANCE Co. B.V. SUPER SNR EXIT LC / 935IFTII4 4666311.9370 PA USD 3033102.76 0.8060963204 Long DBT CORP US Y 3 2027-06-30 Fixed 0 N N N N N N LEALAND FINANCE Co. B.V. LETTER OF CREDIT / N/A LEALAND FINANCE Co. B.V. LETTER OF CREDIT / 935IQZII8 991164.38 PA USD 515405.48 0.1369773772 Long LON CORP US Y 3 2027-06-30 Variable 9.593160 N N N N N N HIG WHITEHORSE DIR LEN 2020 LP / N/A HIG WHITEHORSE DIR LEN 2020 LP / 936JLN906 55000 OU Other Units USD 5357960.76 1.4239650929 Long PF US Y N/A N N N LEALAND FINANCE Co. B.V. SENIOR EXIT LC / N/A LEALAND FINANCE Co. B.V. SENIOR EXIT LC / 589477088 -1493117.92 PA USD -776421.32 -0.2063465760 Short LON CORP US Y 3 2027-06-30 Fixed 0 N N N N N N CAPSTONE ACQ HLDGS BANK DEBT 11/12/2027 / N/A CAPSTONE ACQ HLDGS BANK DEBT 11/12/2027 / 938SJGII3 148675.80 PA USD 141426.22 0.0375863149 Long LON CORP US Y 3 2027-11-12 Variable 10.193040 N N N N N N CAPSTONE ACQ HLDGS BANK DEBT 11/12/2027 / N/A CAPSTONE ACQ HLDGS BANK DEBT 11/12/2027 / 938SJWII8 2148090 PA USD 2043346.98 0.5430526468 Long LON CORP US Y 3 2027-11-12 Variable 10.193040 N N N N N N MCDERMOTT INTERNATIO Ltd. PREF SHARES / N/A MCDERMOTT INTERNATIO Ltd. PREF SHARES / 999999999 908.4750 NS USD 167765.53 0.0445864144 Long EC CORP US Y 3 N N N POST ROAD SPEC OPP FUND II LP / N/A POST ROAD SPEC OPP FUND II LP / 942FPU906 18000 OU Other Units USD 1998560 0.5311497795 Long PF US Y N/A N N N BLUE TORCH CRED OPP FUND II LP / N/A BLUE TORCH CRED OPP FUND II LP / 942JAU904 55000 OU Other Units USD 5201944 1.3825011050 Long PF US Y N/A N N N MSD PRIVATE CREDIT OPP FD 2 LP / N/A MSD PRIVATE CREDIT OPP FD 2 LP / 942KWF009 80000 OU Other Units USD 8985456.04 2.3880308793 Long PF US Y N/A N N N METRO PARTNERS FUND VII, LP / N/A METRO PARTNERS FUND VII, LP / 942TKW907 80000 OU Other Units USD 8547060 2.2715200115 Long PF US Y N/A N N N PINEY LAKE OPPS FUND LP / N/A PINEY LAKE OPPS FUND LP / 942XPN903 30000 OU Other Units USD 3077477.38 0.8178895964 Long PF US Y N/A N N N WAYFAIR INC 54930027N9ZAVYFDHK53 Wayfair, Inc. 94419LAF8 122000 PA USD 109765.60 0.0291719910 Long DBT CORP US N 2 2026-08-15 Fixed 1 N N N N Y Wayfair Inc Wayfair Inc USD XXXX N N N WAYFAIR INC 54930027N9ZAVYFDHK53 Wayfair, Inc. 94419LAM3 5078000 PA USD 4722606.01 1.2551092491 Long DBT CORP US N 2 2025-10-01 Fixed 0.6250 N N N N N N Windstream Common / N/A Windstream Common / 999999999 10312 NS USD 134056 0.0356275593 Long EC CORP US N 3 N N N TIDEWATER INC 2549000JA5GRUPLMUH98 Tidewater, Inc. U8859YAA5 3000000 PA USD 3225000 0.8570961286 Long DBT CORP US Y 2 2028-07-03 Fixed 10.3750 N N N N N N PLUM ACQUISITION CORP I-A N/A Plum Acquisition Corp. I G7134L118 14795 NC USD 1257.58 0.0003342223 N/A DE CORP US N 1 NASDAQ CM N/A Call Purchased PLUM ACQUISITION COR CLASS A ORD SHS PLUM ACQUISITION COR CLASS A ORD SHS 1 11.500000000000 USD 2028-12-31 XXXX 712.54 N N N PLUM ACQUISITION CORP III N/A Plum Acquisition Corp. III G63290103 1029 NC USD 67.09 0.0000178303 N/A DE CORP US N 1 NASDAQ CM N/A Call Purchased PLUM ACQ CORP III PLUM ACQ CORP III 1 11.500000000000 USD 2028-03-31 XXXX 24.48 N N N PRENETICS GLOBAL LTD-CL A N/A Prenetics Global Ltd. G72245114 815 NC USD 11.33 0.0000030111 N/A DE CORP KY N 1 NASDAQ CM N/A Call Purchased PRENETICS GLOBAL LTD CL A PRENETICS GLOBAL LTD CL A 1 11.500000000000 USD 2026-12-31 XXXX -676.61 N N N Prosus NV 635400Z5LQ5F9OLVT688 Prosus N.V. 999999999 86481 NS 3080272.07 0.8186323306 Long EC CORP NL N 1 N N N POWERUP ACQUISITION COR-CL A N/A PowerUp Acquisition Corp. G7207P129 1748 NC USD 48.07 0.0000127754 N/A DE CORP US N 1 NASDAQ GM N/A Call Purchased POWERUP ACQUISITION CLASS A ORDI SHS POWERUP ACQUISITION CLASS A ORDI SHS 1 11.500000000000 USD 2027-02-18 XXXX 48.07 N N N LEALAND REFICAR TERM LOAN / N/A LEALAND REFICAR TERM LOAN / 999999999 140384.11 PA USD 91249.67 0.0242510818 Long LON CORP US Y 3 2027-06-30 Variable 12.798230 N N N N N N ROSS ACQUISITION CORP II -A N/A Ross Acquisition Corp. II G7641C114 5878 NC USD 530.20 0.0001409093 N/A DE CORP US N 3 New York N/A Call Purchased ROSS ACQUISITION COR SHS CL A ROSS ACQUISITION COR SHS CL A 1 11.500000000000 USD 2026-02-12 XXXX -742.64 N N N Rentokil Initial PLC 549300VN4WV7Z6T14K68 Rentokil Initial PLC 999999999 77 NS 448.90 0.0001193025 Long EC CORP GB N 1 N N N Safran SA 969500UIC89GT3UL7L24 Safran S.A. 999999999 21166 NS 4474371.81 1.1891369787 Long EC CORP FR N 1 N N N SLAM CORP-A N/A Slam Corp. G8210L121 13618 NC USD 3404.50 0.0009048012 N/A DE CORP US N 1 NASDAQ CM N/A Call Purchased SLAM CORP CL A SHS SLAM CORP CL A SHS 1 11.500000000000 USD 2027-12-31 XXXX 2263.01 N N N SABLE OFFSHORE CORP N/A Sable Offshore Corp. 78574H112 39217 NC USD 167456.59 0.0445043085 N/A DE CORP US N 1 New York N/A Call Purchased FLAME ACQUISITION CO COM CL A FLAME ACQUISITION CO COM CL A 1 11.500000000000 USD 2028-12-31 XXXX 144726.98 N N N SWVL HOLDINGS CORP 254900YBV6FCSGOW6E19 Swvl Holdings Corp. G86302117 2126 NC USD 29.98 0.0000079677 N/A DE CORP US N 1 NASDAQ CM N/A Call Purchased SWVL HOLDINGS CORP SWVL HOLDINGS CORP 0.04 287.500000000000 USD 2027-03-31 XXXX -2461.99 N N N McDermott Tanks Escrow LC 12/31/26 / N/A McDermott Tanks Escrow LC 12/31/26 / 999999999 228692.79 PA USD 118920.25 0.0316049879 Long LON CORP US Y 3 2026-12-31 Variable 10.051910 N N N N N N McDermott Tanks Secured LC 12.31.26 / N/A McDermott Tanks Secured LC 12.31.26 / 999999999 2513908.5430 PA USD 2262517.69 0.6013008227 Long DBT CORP US Y 3 2026-12-31 Fixed 0 N N N N N N TE Connectivity Ltd 894500ZRIX9K13RHXR17 TE Connectivity Ltd. H84989104 53212 NS USD 8004681.16 2.1273740258 Long EC CORP US N 1 N N N ABPCI Direct Lending Fund CLO N/A ABPCI Direct Lending Fund CLO II LLC 000840AC2 2942000 PA USD 2941673.44 0.7817974937 Long ABS-CBDO CORP KY Y 2 2032-04-20 Floating 13.186170 N N N N N N Just Eat Takeaway.com NV 724500FVZIBSSQ7SHI95 Just Eat Takeaway.com N.V. 999999999 9669 NS 116332.42 0.0309172300 Long EC CORP NL N 1 N N N Uber Technologies Inc 549300B2FTG34FILDR98 Uber Technologies, Inc. 90353T100 14078 NS USD 1023189.04 0.2719291054 Long EC CORP US N 1 N N N Westinghouse Air Brake Technol 06BTX5UWZD0GQ5N5Y745 Westinghouse Air Brake Technologies Corp. 929740108 12344 NS USD 1950969.20 0.5185017514 Long EC CORP US N 1 N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co. 949746101 105255 NS USD 6251094.45 1.6613298768 Long EC CORP US N 1 N N N ABPCI Direct Lending Fund CLO N/A ABPCI Direct Lending Fund CLO I LLC 00086BAC6 2056000 PA USD 2057060.90 0.5466973438 Long ABS-CBDO CORP KY Y 2 2033-07-20 Floating 14.316170 N N N N N N ABPCI Direct Lending Fund ABS N/A ABPCI Direct Lending Fund ABS II LLC 00090NAG5 3370951.30 PA USD 3134418.39 0.8330225946 Long ABS-O CORP US Y 2 2032-03-01 Fixed 8.2365 N N N N N N ABPCI Direct Lending Fund ABS N/A ABPCI Direct Lending Fund ABS I Ltd. 00090TAA5 289599.9450 PA USD 285430 0.0758576583 Long ABS-O CORP US Y 2 2030-12-20 Fixed 3.1990 N N N N N N ABPCI Direct Lending Fund ABS N/A ABPCI Direct Lending Fund ABS I Ltd. 00090TAC1 2925786.8720 PA USD 2852241.37 0.7580294686 Long ABS-O CORP US Y 2 2030-12-20 Fixed 4.9350 N N N N N N LG Corp N/A LG Corp. 999999999 44825 NS 2624696.69 0.6975557742 Long EC CORP KR N 1 N N N AIR CANADA 2020-1C PTT N/A Air Canada 2020-1 Class C Pass-Through Trust 008911BD0 1500000 PA USD 1620000 0.4305413111 Long DBT CORP CA Y 2 2026-07-15 Fixed 10.50 N N N N N N ALTABA, Inc. ESCROW SHS ORD REG / N/A ALTABA, Inc. ESCROW SHS ORD REG / 021ESC017 142220 NS USD 331372.60 0.0880676504 Long EC CORP US Y 3 N N N Samsung C&T Corp 988400GFRE4IDFPE9E64 Samsung C&T Corp. 999999999 21370 NS 2204533.24 0.5858905133 Long EC CORP KR N 1 N N N BX Trust N/A BX Commercial Mortgage Trust 2021-VOLT 05609VAQ8 1311000 PA USD 1293668.19 0.3438133325 Long ABS-MBS CORP US Y 2 2036-09-15 Floating 7.843320 N N N N N N Golub Capital Partners Funding N/A Golub Capital Partners ABS Funding 2020-1 Ltd. 38177UAC4 956987.2690 PA USD 923190.31 0.2453528188 Long ABS-O CORP KY Y 2 2029-01-22 Fixed 4.4960 N N N N N N Golub Capital Partners Funding N/A Golub Capital Partners ABS Funding 2021-1 Ltd. 38178HAC2 1397493.2880 PA USD 1339540.64 0.3560046811 Long ABS-O CORP KY Y 2 2029-04-20 Fixed 3.8160 N N N N N N Golub Capital Partners Funding N/A Golub Capital Partners ABS Funding 2021-2 Ltd. 38178XAC7 3339965.25 PA USD 2901361.01 0.7710838107 Long ABS-O CORP US Y 2 2029-10-19 Fixed 3.9936 N N N N N N GULFPORT ENERGY Corp. CONV PFD Series A / N/A GULFPORT ENERGY Corp. CONV PFD Series A / 402635601 47 NS USD 43891.75 0.0116649454 Long EP CORP US N 3 N N N GULFPORT ENERGY OP CORP 254900DJRGZBUZ3F5038 Gulfport Energy Corp. 402635AQ9 11736 PA USD 11813.46 0.0031396189 Long DBT CORP US N 2 2026-05-17 Fixed 8 N N N N N N HPS CORPORATE LENDING FU 549300ZS7IHUA6FKFV61 HPS Corporate Lending Fund 40440VAA3 520000 PA USD 523164.46 0.1390394522 Long DBT CORP US Y 2 2029-01-30 Fixed 6.75 N N N N N N HRT DNT / HRT DNT FIN N/A Heartland Dental LLC / Heartland Dental Finance Corp. 42239PAB5 1796000 PA USD 1906382.16 0.5066520214 Long DBT CORP US Y 2 2028-04-30 Fixed 10.50 N N N N N N Hotwire Funding LLC 254900ZCO90MCT7Y9348 Hotwire Funding LLC 44148JAC3 750000 PA USD 674456.70 0.1792478222 Long ABS-O CORP US Y 2 2051-11-20 Fixed 4.4590 N N N N N N Ivy Hill Middle Market Credit 5493003XZKSFJKWICW70 IVY Hill Middle Market Credit Fund XII Ltd. 46600DAE8 814000 PA USD 814126.17 0.2163672523 Long ABS-CBDO CORP KY Y 2 2033-07-20 Floating 13.756170 N N N N N N Ivy Hill Middle Market Credit N/A Ivy Hill Middle Market Credit Fund XVIII Ltd. 46600QAA7 3464000 PA USD 3463715.95 0.9205387694 Long ABS-CBDO CORP KY Y 2 2033-04-22 Floating 13.336170 N N N N N N Ivy Hill Middle Market Credit N/A Ivy Hill Middle Market Credit Fund XX Ltd. 46604JAA9 2380000 PA USD 2417004.24 0.6423581324 Long ABS-CBDO CORP JE Y 2 2035-04-20 Floating 15.324560 N N N N N N Madison Avenue Trust N/A Eleven Madison Trust 2015-11MD Mortgage Trust 556227AA4 344000 PA USD 328658.46 0.0873463236 Long ABS-MBS CORP US Y 2 2035-09-10 Variable 3.673290 N N N N N N MCDERMOTT INTERNATIO Ltd. AI CONTRA CUSIP / N/A MCDERMOTT INTERNATIO Ltd. AI CONTRA CUSIP / 58004K109 1608604 NS USD 466495.16 0.1239786653 Long EC CORP BM Y 3 N N N MCDERMOTT INTERNATIO Ltd. QIB/AI CTRACUSIP / N/A MCDERMOTT INTERNATIO Ltd. QIB/AI CTRACUSIP / 58004K208 23285 NS USD 6752.65 0.0017946264 Long EC CORP BM Y 3 N N N MIDCAP FINANCIAL ISSR TR N/A Midcap Financial Issuer Trust 59567LAA2 3466000 PA USD 3266705 0.8681799097 Long DBT CORP US Y 2 2028-05-01 Fixed 6.50 N N N N N N Monroe Capital ABS Funding LTD N/A Monroe Capital ABS Funding 2021-1 Ltd. 610331AC4 812710.9490 PA USD 781085.93 0.2075862719 Long ABS-O CORP KY Y 2 2031-04-22 Fixed 3.9080 N N N N N N OAKTREE STRATEGIC CREDIT 2549006RRE0JC7G43241 Oaktree Strategic Credit Fund 67403AAA7 1615000 PA USD 1704027.36 0.4528729468 Long DBT CORP US Y 2 2028-11-14 Fixed 8.40 N N N N N N BLUE OWL CREDIT INCOME 5493003I42XBWPE05N35 Blue Owl Credit Income Corp. 69120VAP6 2243000 PA USD 2301714.56 0.6117180275 Long DBT CORP US N 2 2027-09-16 Fixed 7.75 N N N N N N Parliament CLO Ltd 5493009BTB3REE8RVW84 Parliament Clo II Ltd. 701631AD5 1854000 PA USD 1853779.37 0.4926719756 Long ABS-CBDO CORP KY Y 2 2032-08-20 Floating 9.287350 N N N N N N PERSHING SQUARE TONT SHS / N/A PERSHING SQUARE TONT SHS / 715ESC018 14610 NS USD 0 0.0000000000 Long EC CORP US Y 3 N N N Nintendo Co Ltd 353800FEEXU6I9M0ZF27 Nintendo Co., Ltd. 999999999 49244 NS 2618756.07 0.6959769580 Long EC CORP JP N 1 N N N CHARLES SCHWAB CORP 549300VSGCJ7E698NM85 Charles Schwab Corp. 808513AR6 75000 PA USD 68156.25 0.0181136304 Long EP CORP US N 2 2069-10-31 Variable 5 N N N N N N CHARLES SCHWAB CORP 549300VSGCJ7E698NM85 Charles Schwab Corp. 808513BK0 549000 PA USD 509056.24 0.1352899636 Long EP CORP US N 2 2069-06-01 Variable 4 N N N N N N AMERICAN ONCOLOGY NETWORK IN N/A American Oncology Network, Inc. 028719110 1374 NC USD 41.22 0.0000109549 N/A DE CORP US N 1 OTC US N/A Call Purchased AMERICAN ONCOLOGY NETWORK INC AMERICAN ONCOLOGY NETWORK INC 1 11.500000000000 USD 2028-03-31 XXXX -96.99 N N N Apollo Debt Solution BDC Senior Notes / N/A APOLLO DEBT SOLUTION DELAYED DRAW TERM LO / 999999999 2333000 PA USD 2333000 0.6200326413 Long LON CORP US Y 3 2028-09-28 Fixed 8.62 N N N N N N Broadcom Inc 549300WV6GIDOZJTV909 Broadcom, Inc. 11135F101 1630 NS USD 2617013.90 0.6955139480 Long EC CORP US N 1 N N N BIGBEAR.AI HOLDINGS INC 549300XGCF2ELN28CS63 BigBear.ai Holdings, Inc. 08975B117 20278 NC USD 3193.79 0.0008488016 N/A DE CORP US N 1 New York N/A Call Purchased BIGBEAR.AI HOLDINGS INC BIGBEAR.AI HOLDINGS INC 1 11.500000000000 USD 2028-12-31 XXXX -22400.10 N N N DELIVERY HERO AG 529900C3EX1FZGE48X78 Delivery Hero S.E. 999999999 500000 PA 442906.40 0.1177095692 Long DBT CORP DE N 2 2027-01-23 Fixed 1 N N N N N N JC PENNEY CORP INC 8TDNUQ07MEFMWW1VHP39 Copper Sub Corp., Inc. 46611NAJ2 462318.61 PA USD 46.23 0.0000122864 Long LON CORP US Y 3 2025-06-23 Floating 5.567780 N Y N N N N QBS PARENT INC N/A QBS Parent, Inc. 74738AAB7 1913924.03 PA USD 1867664.49 0.4963621718 Long LON CORP US Y 2 2025-09-22 Floating 9.581560 N N N N N N AXIOM GLOBAL INC 549300W2I02HCGWMMJ20 Axiom Global, Inc. 05464KAC7 1713263.40 PA USD 1657582.34 0.4405294284 Long LON CORP US Y 2 2026-10-01 Floating 10.193640 N N N N N N WINDSTREAM SERVICES LLC 549300KT9GVEBYCD2N29 Windstream Services LLC 97381JAE3 250424.06 PA USD 249277.12 0.0662494433 Long LON CORP US Y 2 2027-09-21 Floating 11.693930 N N N N N N LEALAND FINANCE CO BV N/A Lealand Finance Co. B.V. N5200EAB7 1544246.09 PA USD 679468.28 0.1805797309 Long LON CORP NL Y 2 2027-12-31 Floating 9.457540 N N N N N N CB&I STS DELAWARE TERM LOAN / N/A CB&I STS DELAWARE TERM LOAN / 999999999 2208134.26 PA USD 2230215.60 0.5927160176 Long LON CORP US Y 3 2026-12-31 Fixed 13.159340 N N N N N N Meta Platforms Inc BQ4BKCS1HXDV9HN80Z93 Meta Platforms, Inc. - Class A 30303M102 10387 NS USD 5237333.14 1.3919063438 Long EC CORP US N 1 N N N MSILF Treasury Portfolio 549300D1XR6GP7EZ0T47 MSILF Treasury Portfolio - Class Institutional 61747C582 67630163.69 PA USD 67630163.69 17.9738144115 Long STIV RF US N 1 N N N MARIADB PLC N/A MariaDB PLC G5920M118 24015 NC USD 2497.56 0.0006637671 N/A DE CORP US N 1 New York N/A Call Purchased MARIADB PLC ORD SHS MARIADB PLC ORD SHS 1 11.500000000000 USD 2027-12-16 XXXX -11218.34 N N N Metals Acquisition Ltd 984500A55FX8DC465F12 Metals Acquisition Ltd. - Class A G60409110 4213 NS USD 57675.97 0.0153283258 Long EC CORP AU N 1 N N N Netflix Inc 549300Y7VHGU0I7CE873 Netflix, Inc. 64110L106 885 NS USD 597268.80 0.1587338841 Long EC CORP US N 1 N N N Barings Middle Market CLO Ltd. 549300NSFWDKJE15UK02 Barings Middle Market CLO Ltd. 2021-I 06761EAA3 1040000 PA USD 1040482.56 0.2765251392 Long ABS-CBDO CORP KY Y 2 2033-07-20 Floating 14.236170 N N N N N N BlackRock Maroon Bells CLO XI N/A BlackRock Maroon Bells CLO XI LLC 09262NAQ6 3243750 PA USD 3257733.81 0.8657956703 Long ABS-CBDO CORP US Y 2 2034-10-15 Floating 14.828560 N N N N N N VCP RRL ABS I, Ltd N/A VCP RRL ABS I Ltd. 92243RAE4 1881543.0570 PA USD 1712036.72 0.4550015643 Long ABS-O CORP US Y 2 2031-10-20 Fixed 5.4250 N N N N N N NIOCORP DEVELOPMENTS LTD 5299001QL26XJPOD3A17 NioCorp Developments Ltd. 654484153 16476 NC USD 3822.43 0.0010158729 N/A DE CORP US N 1 NASDAQ CM N/A Call Purchased NIGERIAN BREWERIES NGN0.50 NIGERIAN BREWERIES NGN0.50 1 8.942000000000 USD 2028-03-17 XXXX -9358.37 N N N NORTHERN STAR INVESTMENT -A N/A Northern Star Investment Corp. IV 66575B119 5407 NC USD 0.54 0.0000001435 N/A DE CORP US N 3 OTC US N/A Call Purchased NORTHERN STAR INVEST COM CL A NORTHERN STAR INVEST COM CL A 1 11.500000000000 USD 2027-12-31 XXXX -477.94 N N N NORTHERN STAR INVESTMENT -A N/A Northern Star Investment Corp. III 66574L118 6999 NC USD 0.70 0.0000001860 N/A DE CORP US N 3 OTC US N/A Call Purchased NORTHERN STAR INVEST CORP III CL A NORTHERN STAR INVEST CORP III CL A 1 11.500000000000 USD 2028-02-24 XXXX -2108.73 N N N NXP Semiconductors NV 724500M9BY5293JDF951 NXP Semiconductors N.V. N6596X109 14990 NS USD 4033659.10 1.0720104182 Long EC CORP NL N 1 N N N OCREDIT BDC SENIOR NOTE DDTL / N/A OCREDIT BDC SENIOR NOTE DDTL / 999999999 552000 PA USD 552000 0.1467029653 Long LON CORP US Y 3 2029-03-07 Variable 7.77 N N N N N N PG&E Corp 8YQ2GSDWYZXO2EDN3511 PG&E Corp. 69331C108 9047 NS USD 157960.62 0.0419806003 Long EC CORP US N 1 N N N PHI Group Inc/DE 5493002853B5XXHLIP12 PHI Group, Inc. 69360B104 84452 NS USD 1689040 0.4488898124 Long EC CORP US Y 3 N N N VORNADO REALTY LP 549300BMOJ05INE4YK86 Vornado Realty LP 929043AJ6 1000000 PA USD 985000 0.2617797478 Long DBT CORP US N 2 2025-01-15 Fixed 3.50 N N N N N N VORNADO REALTY LP 549300BMOJ05INE4YK86 Vornado Realty LP 929043AK3 250000 PA USD 229457.50 0.0609820573 Long DBT CORP US N 2 2026-06-01 Fixed 2.15 N N N N N N PROP SERIES 2017 1A 5.30% 3/15/2042 / N/A PROP SERIES 2017 1A 5.30% 3/15/2042 / 930RAXII5 335101.8260 PA USD 288187.57 0.0765905273 Long ABS-CBDO CORP US Y 3 2042-03-15 Fixed 5.30 N N N N N N CLOVER PRIVATE CRED / N/A CLOVER PRIVATE CRED / 9353JY901 60000 OU Other Units USD 6059084.80 1.6103001938 Long PF US Y N/A N N N ECARX HOLDINGS INC-CL A N/A ECARX Holdings, Inc. G29201111 12721 NC USD 437.60 0.0001162993 N/A DE CORP US N 1 NASDAQ CM N/A Call Purchased ECLIPX GROUP LTD NPV ECLIPX GROUP LTD NPV 1 11.500000000000 USD 2027-12-21 XXXX -2120.55 N N N ELECTRIQ POWER HOLDINGS INC N/A Electriq Power Holdings, Inc. 285046116 31567 NC USD 6.31 0.0000016770 N/A DE CORP US N 1 OTC US N/A Call Purchased TLG ACQUISITION ONE COM CL A TLG ACQUISITION ONE COM CL A 1 11.500000000000 USD 2028-01-25 XXXX -2493.67 N N N Entain PLC 213800GNI3K45LQR8L28 Entain PLC 999999999 48095 NS 383009.10 0.1017908889 Long EC CORP GB N 1 N N N Eurofins Scientific SE 529900JEHFM47DYY3S57 Eurofins Scientific S.E. 999999999 6729 NS 335441.15 0.0891489337 Long EC CORP LU N 1 N N N EUR SPOT FORWARD CONTRACT / N/A EUR SPOT FORWARD CONTRACT / 999999999 436615.05 OU Currency 467568.06 0.1242638059 Long STIV XX N 1 N N N FirstEnergy Corp 549300SVYJS666PQJH88 FirstEnergy Corp. 337932107 68180 NS USD 2609248.60 0.6934501934 Long EC CORP US N 1 N N N Ferguson PLC 213800DU1LGY3R2S2X42 Ferguson PLC G3421J106 21507 NS USD 4164830.55 1.1068713615 Long EC CORP GB N 1 N N N GOLDEN ARROW MERGER CORP-A N/A Golden Arrow Merger Corp. 380799114 26146 NC USD 3948.05 0.0010492584 N/A DE CORP US N 1 NASDAQ CM N/A Call Purchased GOLDEN ARROW MERGER CLASS A COM GOLDEN ARROW MERGER CLASS A COM 1 11.500000000000 USD 2027-07-31 XXXX 3102.47 N N N Groupe Bruxelles Lambert NV 549300KV0ZEHT2KVU152 Groupe Bruxelles Lambert N.V. 999999999 8189 NS 584490.09 0.1553377344 Long EC CORP BE N 1 N N N GREAT BRITAIN POUND / N/A GREAT BRITAIN POUND / 999999999 1.58 OU Currency 2 0.0000005315 Long STIV GB N 1 N N N Glencore PLC 2138002658CPO9NBH955 Glencore PLC 999999999 788595 NS 4496716.02 1.1950753154 Long EC CORP CH N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet, Inc. - Class C 02079K107 19721 NS USD 3617225.82 0.9613365106 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet, Inc. - Class A 02079K305 31853 NS USD 5802023.95 1.5419820979 Long EC CORP US N 1 N N N GLOBAL PARTNER ACQUISITION-A N/A Global Partner Acquisition Corp. II G3934P128 4908 NC USD 0 0.0000000000 N/A DE CORP US N 3 NASDAQ CM N/A Call Purchased GLOBAL PARTNER ACQIS CL A SHS GLOBAL PARTNER ACQIS CL A SHS 1 11.500000000000 USD 2027-12-30 XXXX -142.29 N N N Gulfport Energy Corp 254900DJRGZBUZ3F5038 Gulfport Energy Corp. 402635502 6110 NS USD 922610 0.2451985920 Long EC CORP US N 1 N N N Heineken Holding NV 724500M1WJLFM9TYBS04 Heineken Holding N.V. 999999999 64215 NS 5064719.16 1.3460313751 Long EC CORP NL N 1 N N N HELIOGEN INC N/A Heliogen, Inc. 42329E113 7538 NC USD 52.77 0.0000140245 N/A DE CORP US N 1 OTC US N/A Call Purchased HELIOGEN INC HELIOGEN INC 0.028571 402.500000000000 USD 2028-03-31 XXXX -10687.26 N N N Holcim AG 529900EHPFPYHV6IQO98 Holcim A.G. 999999999 115552 NS 10239566.21 2.7213310256 Long EC CORP CH N 1 N N N Howmet Aerospace Inc 549300HO5WFZUT5N2T22 Howmet Aerospace, Inc. 443201108 23249 NS USD 1804819.87 0.4796601933 Long EC CORP US N 1 N N N ICON PLC 6354008SRQGEMC4XFI67 ICON PLC G4705A100 3606 NS USD 1130372.82 0.3004149358 Long EC CORP IE N 1 N N N IFF BZLRL03D3GPGMOGFO832 International Flavors & Fragrances, Inc. 459506101 77685 NS USD 7396388.85 1.9657104649 Long EC CORP US N 1 N N N JDE Peet's NV 724500EHG519SE5ZRT89 JDE Peet's N.V. 999999999 140976 NS 2808046.26 0.7462839003 Long EC CORP NL N 1 N N N JAPANESE YEN / N/A JAPANESE YEN / 999999999 5462998.86 OU Currency 33954.87 0.0090240582 Long STIV JP N 1 N N N CIMPRESS PLC 549300X1IFD75XISOR81 Cimpress PLC 17186HAG7 381000 PA USD 380458.98 0.1011131531 Long DBT CORP IE N 2 2026-06-15 Fixed 7 N N N N N N Swire Pacific Ltd 549300KZOZHII0DGF611 Swire Pacific Ltd. - A Shares Y83310105 62216 NS 549730.95 0.1460999284 Long EC CORP HK N 1 N N N Coinstar Funding, LLC N/A Coinstar Funding LLC Series 2017-1 19260MAA4 2849520 PA USD 2509794.53 0.6670186590 Long ABS-O CORP US Y 2 2047-04-25 Fixed 5.2160 N N N N N N Cologix Data Centers Issuer LL N/A Cologix Data Centers U.S. Issuer LLC 19521UAE3 1765000 PA USD 1583642.01 0.4208785848 Long ABS-O CORP US Y 2 2051-12-26 Fixed 5.99 N N N N N N CONSOLIDATED COMMUNICATI 549300WW675Y48HDVX34 Consolidated Communications, Inc. 20903XAF0 1272000 PA USD 1085321.28 0.2884417573 Long DBT CORP US Y 2 2028-10-01 Fixed 6.50 N N N N N N Diamond Infrastructure Funding N/A Diamond Infrastructure Funding LLC 25265LAE0 384000 PA USD 345846.53 0.0919143324 Long ABS-O CORP US Y 2 2049-04-15 Fixed 3.4750 N N N N N N 2024-07-09 SOURCE CAPITAL INC /DE/ /s/ Maureen Quill Maureen Quill President