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
Expires: July 31, 2015
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
ADOBE INC COM 00724F101 593,738 2,896 SH SOLE 2,896 0 0
AMRIZE LTD SHS H2927K103 2,638,883 49,510 SH SOLE 49,510 0 0
APOGEE THERAPEUTICS INC COM 03770N101 38,814,234 292,430 SH SOLE 292,430 0 0
APOGEE THERAPEUTICS INC COM 03770N101 996,802 7,510 SH OTR 1 7,510 0 0
APTIV PLC COM SHS G3265R107 8,028,811 130,805 SH SOLE 130,805 0 0
ATRIUM THERAPEUTICS INC COM 04965N104 1,952,550 145,171 SH SOLE 145,171 0 0
ATRIUM THERAPEUTICS INC COM 04965N104 65,286 4,854 SH OTR 1 4,854 0 0
AVANOS MED INC COM 05350V106 2,235,443 89,849 SH OTR 1 89,849 0 0
AVANOS MED INC COM 05350V106 51,937,423 2,087,517 SH SOLE 2,087,517 0 0
BILL HOLDINGS INC COM 090043100 1,674,208 46,300 SH SOLE 46,300 0 0
BRAEMAR HOTELS & RESORTS INC 5.5 CUM CV PFD B 10482B200 4,675,290 339,774 SH SOLE 339,774 0 0
BRIGHTHOUSE FINL INC COM 10922N103 35,535,797 561,387 SH SOLE 561,387 0 0
BRIGHTHOUSE FINL INC COM 10922N103 1,366,647 21,590 SH OTR 1 21,590 0 0
CATALYST PHARMACEUTICALS INC COM 14888U101 48,951,691 1,557,483 SH SOLE 1,557,483 0 0
CATALYST PHARMACEUTICALS INC COM 14888U101 1,416,676 45,074 SH OTR 1 45,074 0 0
CENTRAL PUERTO S A SPONSORED ADR 155038201 3,005,435 202,250 SH SOLE 202,250 0 0
CENTRAL PUERTO S A SPONSORED ADR 155038201 4,870,365 327,750 SH OTR 1 327,750 0 0
CHART INDS INC COM 16115Q308 1,784,348 8,540 SH OTR 1 8,540 0 0
CHART INDS INC COM 16115Q308 44,374,050 212,377 SH SOLE 212,377 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 24,335,084 10,055,820 SH SOLE 10,055,820 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 1,356,265 560,440 SH OTR 1 560,440 0 0
CORE NATURAL RESOURCES INC COM SHS 218937100 429,547 5,368 SH OTR 1 5,368 0 0
CRESUD S A C I F Y A SPONSORED ADR 226406106 1,915,251 170,852 SH OTR 1 170,852 0 0
CROSS CTRY HEALTHCARE INC COM 227483104 1,366,707 103,460 SH OTR 1 103,460 0 0
CROSS CTRY HEALTHCARE INC COM 227483104 7,307,376 553,170 SH SOLE 553,170 0 0
ELECTRONIC ARTS INC COM 285512109 2,284,556 11,142 SH OTR 1 11,142 0 0
ELECTRONIC ARTS INC COM 285512109 60,655,343 295,822 SH SOLE 295,822 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 13,645,753 713,690 SH SOLE 713,690 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 1,147,200 60,000 SH OTR 1 60,000 0 0
EQV VENTURES AC CORP. II *W EXP 06/30/203 G3106Q128 26,633 67,000 SH Call SOLE 67,000 0 0
ESPERION THERAPEUTICS INC NE COM 29664W105 894,944 283,210 SH OTR 1 283,210 0 0
ESPERION THERAPEUTICS INC NE COM 29664W105 8,445,764 2,672,710 SH SOLE 2,672,710 0 0
ESSENTIAL UTILS INC COM 29670G102 1,802,945 47,062 SH OTR 1 47,062 0 0
ESSENTIAL UTILS INC COM 29670G102 66,402,225 1,733,287 SH SOLE 1,733,287 0 0
FERMI INC COM 314911108 36,103,929 3,941,477 SH SOLE 3,941,477 0 0
FERMI INC COM 314911108 916,000 100,000 SH Put SOLE 100,000 0 0
FISERV INC COM 337738108 1,226,250 25,000 SH OTR 1 25,000 0 0
FLOWSERVE CORP COM 34354P105 2,506,608 33,800 SH SOLE 33,800 0 0
GLOBAL BUSINESS TRAVEL GROUP COM CL A 37890B100 73,885,300 7,868,509 SH SOLE 7,868,509 0 0
GLOBAL BUSINESS TRAVEL GROUP COM CL A 37890B100 2,073,594 220,830 SH OTR 1 220,830 0 0
GLOBALSTAR INC COM NEW 378973507 353,270 4,346 SH OTR 1 4,346 0 0
GLOBALSTAR INC COM NEW 378973507 11,510,664 141,600 SH SOLE 141,600 0 0
GRUPO SUPERVIELLE S.A. SPONSORED ADR 40054A108 234,738 24,300 SH SOLE 24,300 0 0
HERON THERAPEUTICS INC COM 427746102 99,359 232,800 SH SOLE 232,800 0 0
HERON THERAPEUTICS INC COM 427746102 103,691 242,950 SH OTR 1 242,950 0 0
HIGHLAND OPPS & INCOME FD HIGHLAND INCOME 43010E404 0 0 SH OTR 1 0 0 0
HIGHLAND OPPS & INCOME FD HIGHLAND INCOME 43010E404 10,581,219 1,484,042 SH OTR 1,484,042 0 0
HIGHLAND OPPS & INCOME FD HIGHLAND INCOME 43010E404 22,211,754 3,115,253 SH SOLE 3,115,253 0 0
HONEYWELL AEROSPACE INC COM 43849R105 563,754 2,550 SH SOLE 2,550 0 0
HONEYWELL INTL INC COM 438516205 570,945 2,550 SH SOLE 2,550 0 0
INDIE SEMICONDUCTOR INC CLASS A COM 45569U101 476,389 106,100 SH SOLE 106,100 0 0
JANUS HENDERSON GROUP PLC ORD SHS G4474Y214 65,623,811 1,263,211 SH SOLE 1,263,211 0 0
KYIVSTAR GROUP LTD ORD SHS G5331N101 3,545,612 219,271 SH SOLE 219,271 0 0
LIGHTWAVE ACQUISITION CORP *W EXP 06/06/203 G5490M126 15,495 50,000 SH Call SOLE 50,000 0 0
LIONSGATE STUDIOS CORP COM 53626N102 3,487,128 227,768 SH SOLE 227,768 0 0
LOMA NEGRA C I A S A MTN 14 SPONSORED ADS 54150E104 732,800 64,000 SH OTR 1 64,000 0 0
MARTIN MIDSTREAM PRTNRS L P UNIT L P INT 573331105 943,034 408,240 SH SOLE 408,240 0 0
MCCORMICK & CO INC COM NON VTG 579780206 1,583,642 31,409 SH SOLE 31,409 0 0
MIDDLEBY CORP COM 596278101 2,550,048 14,825 SH SOLE 14,825 0 0
NEXPOINT DIVERSIFIED REL ET COM NEW 65340G205 12,961,890 2,497,474 SH OTR 1 2,497,474 0 0
NEXPOINT DIVERSIFIED REL ET COM NEW 65340G205 3,379,131 651,085 SH OTR 651,085 0 0
NEXPOINT DIVERSIFIED REL ET COM NEW 65340G205 12,109,661 2,333,268 SH SOLE 2,333,268 0 0
NEXPOINT REAL ESTATE FIN INC COM 65342V101 88,517,090 5,710,780 SH SOLE 5,710,780 0 0
NEXPOINT REAL ESTATE FIN INC COM 65342V101 57,797,253 3,728,855 SH OTR 1 3,728,855 0 0
NEXPOINT RESIDENTIAL TR INC COM 65341D102 1,681,650 60,231 SH OTR 1 60,231 0 0
NEXPOINT RESIDENTIAL TR INC COM 65341D102 10,155,034 363,719 SH OTR 363,719 0 0
NEXPOINT RESIDENTIAL TR INC COM 65341D102 14,261,592 510,802 SH SOLE 510,802 0 0
NRG ENERGY INC COM NEW 629377508 5,301,978 36,300 SH SOLE 36,300 0 0
NUVALENT INC COM 670703107 73,909,810 598,460 SH SOLE 598,460 0 0
NUVALENT INC COM 670703107 2,390,960 19,360 SH OTR 1 19,360 0 0
ONTERRIS INC COM 615111101 2,230,234 110,353 SH SOLE 110,353 0 0
ORGANON & CO COMMON STOCK 68622V106 1,797,164 132,730 SH OTR 1 132,730 0 0
ORGANON & CO COMMON STOCK 68622V106 38,953,226 2,876,900 SH SOLE 2,876,900 0 0
PARSONS CORP DEL COM 70202L102 1,362,140 26,000 SH SOLE 26,000 0 0
PAYONEER GLOBAL INC COM 70451X104 2,478 348 SH OTR 1 348 0 0
PAYONEER GLOBAL INC COM 70451X104 95,066 13,352 SH SOLE 13,352 0 0
PRIMORIS SVCS CORP COM 74164F103 3,669,918 37,025 SH SOLE 37,025 0 0
READY CAPITAL CORP COM 75574U101 203,840 116,480 SH SOLE 116,480 0 0
READY CAPITAL CORP COM 75574U101 1,283,886 733,649 SH OTR 1 733,649 0 0
RESIDEO TECHNOLOGIES INC COM 76118Y104 2,491,110 80,100 SH SOLE 80,100 0 0
ROKU INC COM CL A 77543R102 39,431,787 285,448 SH SOLE 285,448 0 0
ROKU INC COM CL A 77543R102 1,011,461 7,322 SH OTR 1 7,322 0 0
SERITAGE GROWTH PPTYS CL A 81752R100 1,098,025 417,500 SH SOLE 417,500 0 0
SILA REALTY TRUST INC COMMON STOCK 146280508 1,766,648 58,190 SH OTR 1 58,190 0 0
SILA REALTY TRUST INC COMMON STOCK 146280508 57,923,024 1,907,873 SH SOLE 1,907,873 0 0
SOTERA HEALTH CO COM 83601L102 3,388,759 190,916 SH SOLE 190,916 0 0
STELLAR BANCORP INC COM 858927106 5,281,974 134,333 SH SOLE 134,333 0 0
STELLAR BANCORP INC COM 858927106 149,219 3,795 SH OTR 1 3,795 0 0
SUJA LIFE INC COM SHS CL A 86508F102 839,104 82,589 SH SOLE 82,589 0 0
TALKSPACE INC COM 87427V103 1,993,264 383,320 SH OTR 1 383,320 0 0
TALKSPACE INC COM 87427V103 33,298,096 6,403,480 SH SOLE 6,403,480 0 0
TALOS ENERGY INC COM 87484T108 6,411,054 496,596 SH SOLE 496,596 0 0
TAYLOR MORRISON HOME CORP COM 87724P106 73,678,415 1,027,020 SH SOLE 1,027,020 0 0
TAYLOR MORRISON HOME CORP COM 87724P106 1,643,563 22,910 SH OTR 1 22,910 0 0
TELESAT CORP CL A & CL B SHS 879512309 2,384,202 47,100 SH OTR 1 47,100 0 0
TELESAT CORP CL A & CL B SHS 879512309 17,692,854 349,523 SH SOLE 349,523 0 0
TOPBUILD COR COM 89055F103 1,864,828 5,260 SH OTR 1 5,260 0 0
TOPBUILD COR COM 89055F103 63,964,303 180,420 SH SOLE 180,420 0 0
TXNM ENERGY INC COM 69349H107 44,352,845 781,135 SH SOLE 781,135 0 0
TXNM ENERGY INC COM 69349H107 1,700,845 29,955 SH OTR 1 29,955 0 0
VERRA MOBILITY CORP CL A COM STK 92511U102 1,785,000 420,000 SH SOLE 420,000 0 0
VISTANCE NETWORKS INC COM 20337X109 1,565,550 122,500 SH SOLE 122,500 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104 49,880,860 1,871,000 SH SOLE 1,871,000 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104 1,652,920 62,000 SH OTR 1 62,000 0 0
WHEELER REAL ESTATE INVT TR CV PFD SER B 963025309 823,010 82,301 SH SOLE 82,301 0 0
WHITESTONE REIT COM 966084204 55,359,503 2,919,805 SH SOLE 2,919,805 0 0
WHITESTONE REIT COM 966084204 2,472,384 130,400 SH OTR 1 130,400 0 0