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      <invstOrSec>
        <name>VISA INC.</name>
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      <invstOrSec>
        <name>AMERICAN ELECTRIC POWER COMPANY, INC.</name>
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        <name>WASTE MANAGEMENT, INC.</name>
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        <payoffProfile>N/A</payoffProfile>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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                <issuerName>WASTE MANAGEMENT, INC.</issuerName>
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            <unrealizedAppr>-71858.88000000</unrealizedAppr>
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      <invstOrSec>
        <name>THE PNC FINANCIAL SERVICES GROUP, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <unrealizedAppr>-39457.75000000</unrealizedAppr>
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      <invstOrSec>
        <name>MARSH &amp; MCLENNAN COMPANIES, INC.</name>
        <lei>549300XMP3KDCKJXIU47</lei>
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          <isin value="N/A"/>
          <ticker value="MMC"/>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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            <shareNo>74.00000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-240.81000000</unrealizedAppr>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LENNOX INTERNATIONAL INC.</name>
        <lei>S7DWAC87RDMPBF77GJ92</lei>
        <title>LENNOX INTERNATIONAL INC</title>
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          <isin value="US526107AD92"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>HILTON WORLDWIDE HOLDINGS INC.</name>
        <lei>549300HVGPK36ICB0B89</lei>
        <title>HILTON WORLDWIDE HOLDINGS INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="HLT"/>
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        <balance>-150.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-76608.15000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
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              <otherRefInst>
                <issuerName>HILTON WORLDWIDE HOLDINGS INC.</issuerName>
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            <delta>XXXX</delta>
            <unrealizedAppr>130286.75000000</unrealizedAppr>
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      <invstOrSec>
        <name>LOCKHEED MARTIN CORPORATION</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
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          <ticker value="LMT"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                <issuerName>LOCKHEED MARTIN CORPORATION</issuerName>
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            <delta>XXXX</delta>
            <unrealizedAppr>-11991.51000000</unrealizedAppr>
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      <invstOrSec>
        <name>CMS ENERGY CORPORATION</name>
        <lei>549300IA9XFBAGNIBW29</lei>
        <title>CMS ENERGY CORP PFD</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>INTERCONTINENTAL EXCHANGE INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="ICE"/>
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        <balance>-93.00000000</balance>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CCO HOLDINGS, LLC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>HEARTLAND DENTAL, LLC</name>
        <lei>5493008FRC0GRKBN1075</lei>
        <title>HEARTLAND DENTAL LLC TERM LOAN B</title>
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        <balance>475000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>ADMI CORP.</name>
        <lei>5493008U1LYGMQWO7N12</lei>
        <title>ASPEN DENTAL</title>
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          <other otherDesc="Internal" value="LX195710"/>
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        <balance>1815000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BANK OF AMERICA CORP (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="BAC"/>
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        <balance>-162.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-60655.46000000</valUSD>
        <pctVal>-0.00428477559</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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        <name>DUKE ENERGY CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FILTRATION GROUP CORPORATION</name>
        <lei>549300ZA0D9WN5ECE978</lei>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>MARRIOTT INTERNATIONAL, INC.</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
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          <ticker value="MAR"/>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

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            <putOrCall>Call</putOrCall>
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      <invstOrSec>
        <name>THE COCA-COLA COMPANY</name>
        <lei>UWJKFUJFZ02DKWI3RY53</lei>
        <title>COCA-COLA CO/THE (CALL OPTION)</title>
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          <isin value="N/A"/>
          <ticker value="KO"/>
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        <balance>-269.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-57616.74000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>THE COCA-COLA COMPANY</issuerName>
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            <shareNo>269.00000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-8899.42000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Pepsico, Inc.</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
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          <isin value="N/A"/>
          <ticker value="PEP"/>
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        <balance>-79.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
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                <issuerName>Pepsico, Inc.</issuerName>
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            <shareNo>79.00000000</shareNo>
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            <delta>XXXX</delta>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FACEBOOK, INC.</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
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          <isin value="N/A"/>
          <ticker value="FB"/>
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        <balance>-19.00000000</balance>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
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            <delta>XXXX</delta>
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      <invstOrSec>
        <name>YUM! Brands, Inc.</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM! BRANDS INC</title>
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        <curCd>USD</curCd>
        <valUSD>1377600.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HUB INTERNATIONAL LIMITED</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>HUB INTERNATIONAL LTD</title>
        <cusip>44332EAP1</cusip>
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          <isin value="US44332EAP16"/>
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        <balance>19873785.62380000</balance>
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        <curCd>USD</curCd>
        <valUSD>19643050.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mondelez International, Inc.</name>
        <lei>549300DV9GIB88LZ5P30</lei>
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        <identifiers>
          <isin value="N/A"/>
          <ticker value="MDLZ"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>MICROSOFT CORPORATION</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
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          <ticker value="MSFT"/>
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      <invstOrSec>
        <name>SCE TRUST III</name>
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      <invstOrSec>
        <name>CEDAR FAIR, L.P.</name>
        <lei>549300TUVLNQQ6BVKH61</lei>
        <title>CEDAR FAIR/CAN/MAGNUM/ MI</title>
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      <invstOrSec>
        <name>MEDTRONIC PUBLIC LIMITED COMPANY</name>
        <lei>549300GX3ZBSQWUXY261</lei>
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          <ticker value="MDT"/>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>AMAZON.COM, INC.</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Northrop Grumman Corporation</name>
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        <name>VISA INC.</name>
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      <invstOrSec>
        <name>NETFLIX, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>BECTON, DICKINSON AND COMPANY</name>
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        <balance>56839.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
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      <invstOrSec>
        <name>MCDONALD'S CORPORATION</name>
        <lei>UE2136O97NLB5BYP9H04</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="MCD"/>
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        <balance>-42.00000000</balance>
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        <valUSD>-49662.73000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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                <issuerName>MCDONALD'S CORPORATION</issuerName>
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      <invstOrSec>
        <name>VISA INC.</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <unrealizedAppr>-24770.68000000</unrealizedAppr>
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      <invstOrSec>
        <name>THE COCA-COLA COMPANY</name>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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      <invstOrSec>
        <name>FORMULA ONE ASSET MANAGEMENT LIMITED</name>
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      <invstOrSec>
        <name>DANAHER CORPORATION</name>
        <lei>S4BKK9OTCEWQ3YHPFM11</lei>
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      <invstOrSec>
        <name>NETFLIX, INC.</name>
        <lei>549300Y7VHGU0I7CE873</lei>
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      <invstOrSec>
        <name>Mondelez International, Inc.</name>
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        <name>ROSS STORES, INC.</name>
        <lei>549300ENZFLPGRDFZQ60</lei>
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        <name>The Bank of New York Mellon Corporation</name>
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      <invstOrSec>
        <name>MICROSOFT CORPORATION</name>
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      <invstOrSec>
        <name>Domino's Pizza Master Issuer LLC</name>
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      <invstOrSec>
        <name>YUM! Brands, Inc.</name>
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          <isin value="N/A"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                <issuerName>YUM! Brands, Inc.</issuerName>
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      <invstOrSec>
        <name>LOCKHEED MARTIN CORPORATION</name>
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        <title>LOCKHEED MARTIN CORP.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CCO HOLDINGS, LLC</name>
        <lei>N/A</lei>
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          <isin value="US1248EPBT92"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>H.B. FULLER COMPANY</name>
        <lei>JSMX3Z5FOYM8V0Q52357</lei>
        <title>HB FULLER CO TL B 1L BANKDEBT</title>
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          <isin value="US40409VAR50"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALPHABET INC.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
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          <isin value="N/A"/>
          <ticker value="GOOGL"/>
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        <balance>-1.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>XCBO</counterpartyName>
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      <invstOrSec>
        <name>AMERICAN ELECTRIC POWER COMPANY, INC.</name>
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          <ticker value="AEP"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>THE PNC FINANCIAL SERVICES GROUP, INC.</name>
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      <invstOrSec>
        <name>ALPHABET INC.</name>
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      <invstOrSec>
        <name>Sensata Technologies B.V.</name>
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      <invstOrSec>
        <name>WASTE MANAGEMENT, INC.</name>
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        <title>WASTE MANAGEMENT, INC.</title>
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        <name>GENERAL ELECTRIC COMPANY</name>
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        <title>GENERAL ELECTRIC CO.</title>
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        <name>NETFLIX, INC.</name>
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      <invstOrSec>
        <name>ALPHABET INC.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>VISA INC.</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>THE COCA-COLA COMPANY</name>
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      <invstOrSec>
        <name>YUM! Brands, Inc.</name>
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        <name>APPLIED SYSTEMS, INC.</name>
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        <name>KORN FERRY</name>
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        <name>INGERSOLL RAND INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>AMERICAN TOWER CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>ALLIANT HOLDINGS INTERMEDIATE, LLC</name>
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      <invstOrSec>
        <name>GLOBAL PAYMENTS INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Eagle Broadband Investments, LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AMERICAN TOWER CORPORATION</name>
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          <ticker value="AMT"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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      <invstOrSec>
        <name>THERMO FISHER SCIENTIFIC INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FACEBOOK, INC.</name>
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        <name>DTE ENERGY COMPANY</name>
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        <title>DTE ENERGY CO PREFERRED STOCK</title>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>US Airways Pass Through Trusts</name>
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        <name>TELEDYNE TECHNOLOGIES INCORPORATED</name>
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        <name>WASTE MANAGEMENT, INC.</name>
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        <name>MILEAGE PLUS HOLDINGS, LLC</name>
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        <name>LOIRE UK MIDCO 3 LIMITED</name>
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      <invstOrSec>
        <name>Life Time Inc.</name>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>YUM! Brands, Inc.</name>
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        <name>ALPHABET INC.</name>
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        <name>ROSS STORES, INC.</name>
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        <name>MARRIOTT INTERNATIONAL, INC.</name>
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        <name>TE Connectivity Ltd.</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>THYSSENKRUPP TL B 1L BANKDEBT</name>
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          <isin value="XAD9000BAB80"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WOOF HOLDINGS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ALPHABET INC.</name>
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          <isin value="N/A"/>
          <ticker value="GOOG"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GLOBAL PAYMENTS INC.</name>
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        <name>VISA INC.</name>
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        <name>Sensata Technologies B.V.</name>
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        <name>CORELOGIC, INC.</name>
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        <name>CCC INTELLIGENT SOLUTIONS INC.</name>
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        <name>GENERAL ELECTRIC COMPANY</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Pepsico, Inc.</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
        <title>PEPSICO INC (CALL OPTION)</title>
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          <isin value="N/A"/>
          <ticker value="PEP"/>
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        <balance>-80.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-67826.80000000</valUSD>
        <pctVal>-0.00479136778</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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              <otherRefInst>
                <issuerName>Pepsico, Inc.</issuerName>
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            </descRefInstrmnt>
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            <delta>XXXX</delta>
            <unrealizedAppr>2823.20000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MILEAGE PLUS HOLDINGS, LLC</name>
        <lei>N/A</lei>
        <title>MILEAGE PLUS HLDINGS LLC</title>
        <cusip>599191AA1</cusip>
        <identifiers>
          <isin value="US599191AA16"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1376562.50000000</valUSD>
        <pctVal>0.097242052089</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sensata Technologies B.V.</name>
        <lei>PUCKW5P5O3XMOZVH7T53</lei>
        <title>SENSATA TECHNOLOGIES BV</title>
        <cusip>81725WAG8</cusip>
        <identifiers>
          <isin value="US81725WAG87"/>
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        <balance>745000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>799943.75000000</valUSD>
        <pctVal>0.056509001085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>YUM! Brands, Inc.</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM! BRANDS INC</title>
        <cusip>988498AK7</cusip>
        <identifiers>
          <isin value="US988498AK76"/>
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        <balance>1889000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1992895.00000000</valUSD>
        <pctVal>0.140780530777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.35000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALPHABET INC.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="GOOG"/>
        </identifiers>
        <balance>-4.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-246046.72000000</valUSD>
        <pctVal>-0.01738104006</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>ALPHABET INC.</issuerName>
                <issueTitle>ALPHABET INC (CALL OPTION)</issueTitle>
                <identifiers>
                  <cusip value="02079K107"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>4.00000000</shareNo>
            <exercisePrice>1980.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2022-06-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-171267.78000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VISA INC.</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>VISA INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="V"/>
        </identifiers>
        <balance>-19.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-7801.73000000</valUSD>
        <pctVal>-0.00055112371</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>VISA INC.</issuerName>
                <issueTitle>VISA INC (CALL OPTION)</issueTitle>
                <identifiers>
                  <cusip value="92826C839"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>19.00000000</shareNo>
            <exercisePrice>265.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2022-01-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>3514.67000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EXELON CORPORATION</name>
        <lei>3SOUA6IRML7435B56G12</lei>
        <title>EXELON CORP (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="EXC"/>
        </identifiers>
        <balance>-60.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-31540.48000000</valUSD>
        <pctVal>-0.00222805793</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>EXELON CORPORATION</issuerName>
                <issueTitle>EXELON CORP (CALL OPTION)</issueTitle>
                <identifiers>
                  <cusip value="30161N101"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>60.00000000</shareNo>
            <exercisePrice>40.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2022-01-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-3446.37000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE STREET CORPORATION</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>STATE STREET CORP</title>
        <cusip>857477AQ6</cusip>
        <identifiers>
          <isin value="US857477AQ64"/>
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        <balance>452000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>452565.00000000</valUSD>
        <pctVal>0.031969742967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.71588000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUM! Brands, Inc.</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM! BRANDS, INC.</title>
        <cusip>988498101</cusip>
        <identifiers>
          <isin value="US9884981013"/>
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        <balance>328621.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>37801273.63000000</valUSD>
        <pctVal>2.670328023155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MARRIOTT INTERNATIONAL, INC.</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>MARRIOTT INTERNATIONAL INC/MD (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="MAR"/>
        </identifiers>
        <balance>-76.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-55077.65000000</valUSD>
        <pctVal>-0.00389075229</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>MARRIOTT INTERNATIONAL, INC.</issuerName>
                <issueTitle>MARRIOTT INTERNATIONAL INC/MD (CALL OPTION)</issueTitle>
                <identifiers>
                  <cusip value="571903202"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>76.00000000</shareNo>
            <exercisePrice>150.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2022-01-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>27782.53000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROPER TECHNOLOGIES, INC.</name>
        <lei>54930003T4SXCIWVXY35</lei>
        <title>ROPER TECHNOLOGIES INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="ROP"/>
        </identifiers>
        <balance>-10.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-16361.61000000</valUSD>
        <pctVal>-0.00115580406</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>ROPER TECHNOLOGIES, INC.</issuerName>
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                  <cusip value="776696106"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>10.00000000</shareNo>
            <exercisePrice>490.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2021-11-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-5726.71000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GLOBAL PAYMENTS INC.</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>GLOBAL PAYMENTS INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="GPN"/>
        </identifiers>
        <balance>-28.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-6278.81000000</valUSD>
        <pctVal>-0.00044354278</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>GLOBAL PAYMENTS INC.</issuerName>
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            <shareNo>28.00000000</shareNo>
            <exercisePrice>240.00000000</exercisePrice>
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            <expDt>2022-01-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>7548.99000000</unrealizedAppr>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>AMAZON.COM, INC.</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMAZON.COM, INC.</title>
        <cusip>023135106</cusip>
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        <balance>23024.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>79206243.84000000</valUSD>
        <pctVal>5.595225563167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN TOWER CORPORATION</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>AMERICAN TOWER CORP (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="AMT"/>
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        <balance>-6.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-21979.42000000</valUSD>
        <pctVal>-0.00155265300</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>AMERICAN TOWER CORPORATION</issuerName>
                <issueTitle>AMERICAN TOWER CORP (CALL OPTION)</issueTitle>
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                  <cusip value="03027X100"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>6.00000000</shareNo>
            <exercisePrice>240.00000000</exercisePrice>
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            <expDt>2022-01-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-10546.24000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GENERAL ELECTRIC COMPANY</name>
        <lei>3C7474T6CDKPR9K6YT90</lei>
        <title>GENERAL ELECTRIC CO (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="GE"/>
        </identifiers>
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        <name>NISOURCE INC.</name>
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      <invstOrSec>
        <name>YUM! Brands, Inc.</name>
        <lei>549300JE8XHZZ7OHN517</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>YUM! Brands, Inc.</name>
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        <name>MICROSOFT CORPORATION</name>
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        <name>EXELON CORPORATION</name>
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      <invstOrSec>
        <name>KFC HOLDING CO.</name>
        <lei>549300G2LG4YUB3MM115</lei>
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      <invstOrSec>
        <name>Northrop Grumman Corporation</name>
        <lei>RIMU48P07456QXSO0R61</lei>
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      <invstOrSec>
        <name>YUM! Brands, Inc.</name>
        <lei>549300JE8XHZZ7OHN517</lei>
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      <invstOrSec>
        <name>HUMANA INC.</name>
        <lei>529900YLDW34GJAO4J06</lei>
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        <name>ALLIANT HOLDINGS INTERMEDIATE, LLC</name>
        <lei>5493006Q26653NF8SI73</lei>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CME GROUP INC.</name>
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      <invstOrSec>
        <name>ALPHABET INC.</name>
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      <invstOrSec>
        <name>USIS MERGER SUB, INC.</name>
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      <invstOrSec>
        <name>NETFLIX, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NVA HOLDINGS, INC.</name>
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        <name>ALTICE FINANCING S.A.</name>
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        <invCountry>LU</invCountry>

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      <invstOrSec>
        <name>DANAHER CORPORATION</name>
        <lei>S4BKK9OTCEWQ3YHPFM11</lei>
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          <isin value="N/A"/>
          <ticker value="DHR"/>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CLARIVATE SCIENCE HOLDINGS CORPORATION</name>
        <lei>N/A</lei>
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          <isin value="US18064PAB58"/>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>SBA Communications Corporation</name>
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        <title>SBA COMMUNICATIONS CORP</title>
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        <balance>605000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-15</maturityDt>
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      <invstOrSec>
        <name>MARRIOTT INTERNATIONAL, INC.</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
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          <ticker value="MAR"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>ALPHABET INC.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC - CLASS A</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MCDONALD'S CORPORATION</name>
        <lei>UE2136O97NLB5BYP9H04</lei>
        <title>MCDONALD'S CORP (CALL OPTION)</title>
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          <isin value="N/A"/>
          <ticker value="MCD"/>
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        <name>EXELON CORPORATION</name>
        <lei>3SOUA6IRML7435B56G12</lei>
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      <invstOrSec>
        <name>Mondelez International, Inc.</name>
        <lei>549300DV9GIB88LZ5P30</lei>
        <title>MONDELEZ INTERNATIONAL INC</title>
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        <name>MICROSOFT CORPORATION</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
        <title>MICROSOFT CORP.</title>
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      <invstOrSec>
        <name>VISA INC.</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>VISA INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
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          <isin value="N/A"/>
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        <balance>-39.00000000</balance>
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        <name>USI, INC.</name>
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      <invstOrSec>
        <name>CISCO SYSTEMS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>ELANCO ANIMAL HEALTH INCORPORATED</name>
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      <invstOrSec>
        <name>AMAZON.COM, INC.</name>
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      <invstOrSec>
        <name>AMEREN CORPORATION</name>
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        <name>USI, INC.</name>
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        <name>CISCO SYSTEMS, INC.</name>
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        <name>MCDONALD'S CORPORATION</name>
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        <name>ALPHABET INC.</name>
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        <name>THE PNC FINANCIAL SERVICES GROUP, INC.</name>
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      <invstOrSec>
        <name>UKG INC.</name>
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        <title>ULTIMATE SOFTWARE TL B 1L BANKDEBT</title>
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        <name>NXP Semiconductors N.V.</name>
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        <name>GENERAL ELECTRIC COMPANY</name>
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      <invstOrSec>
        <name>MICROSOFT CORPORATION</name>
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        <name>HEARTLAND DENTAL, LLC</name>
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        <name>YUM! Brands, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>NXP Semiconductors N.V.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sunshine Luxembourg VII SARL</name>
        <lei>254900CHQOBZNYV4DY60</lei>
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          <isin value="XAL8908YAE85"/>
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      <invstOrSec>
        <name>AMERICAN ELECTRIC POWER COMPANY, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Domino's Pizza Master Issuer LLC</name>
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        <name>AMERICAN TOWER CORPORATION</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>AMERICAN TOWER CORP.   REIT</title>
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        <name>KEURIG DR PEPPER INC.</name>
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      <invstOrSec>
        <name>FACEBOOK, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SIRIUS XM RADIO INC.</name>
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        <name>ENVISTA HOLDINGS CORPORATION</name>
        <lei>549300BX623VURJZ5269</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GARDNER DENVER, INC.</name>
        <lei>549300MJL50HVCB7RP74</lei>
        <title>GARDNER DENVER INC</title>
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      <invstOrSec>
        <name>MICROSOFT CORPORATION</name>
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          <ticker value="MSFT"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
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      <invstOrSec>
        <name>IRB HOLDING CORP.</name>
        <lei>549300HVW4WNWYBXN830</lei>
        <title>INSPIRE BRANDS</title>
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          <isin value="US44988LAF40"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>334196.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>ALPHABET INC.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="GOOG"/>
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        <balance>-14.00000000</balance>
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        <pctVal>-0.07272351021</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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              <otherRefInst>
                <issuerName>ALPHABET INC.</issuerName>
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            <shareNo>14.00000000</shareNo>
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            <delta>XXXX</delta>
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      </invstOrSec>
      <invstOrSec>
        <name>PRESTIGE BRANDS, INC.</name>
        <lei>549300JBVP4J6D42I235</lei>
        <title>PRESTIGE BRANDS INC</title>
        <cusip>74112CAT0</cusip>
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          <isin value="US74112CAT09"/>
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        <balance>47170.93510000</balance>
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        <curCd>USD</curCd>
        <valUSD>47178.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-01-26</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CEDAR FAIR, L.P.</name>
        <lei>549300TUVLNQQ6BVKH61</lei>
        <title>CEDAR FAIR LP / CANADA'S WONDERLAND CO</title>
        <cusip>150191AJ3</cusip>
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          <isin value="US150191AJ35"/>
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        <balance>3293000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3321813.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROPER TECHNOLOGIES, INC.</name>
        <lei>54930003T4SXCIWVXY35</lei>
        <title>ROPER TECHNOLOGIES INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="ROP"/>
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        <balance>-38.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-36993.64000000</valUSD>
        <pctVal>-0.00261327579</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>ROPER TECHNOLOGIES, INC.</issuerName>
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            <shareNo>38.00000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>9746.36000000</unrealizedAppr>
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        <securityLending>
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      <invstOrSec>
        <name>Northrop Grumman Corporation</name>
        <lei>RIMU48P07456QXSO0R61</lei>
        <title>NORTHROP GRUMMAN CORP (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="NOC"/>
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        <balance>-31.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-209491.44000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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                <issuerName>Northrop Grumman Corporation</issuerName>
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            <shareNo>31.00000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-124904.44000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ROPER TECHNOLOGIES, INC.</name>
        <lei>54930003T4SXCIWVXY35</lei>
        <title>ROPER TECHNOLOGIES INC</title>
        <cusip>776696106</cusip>
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          <isin value="US7766961061"/>
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        <curCd>USD</curCd>
        <valUSD>9938617.40000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>UNITEDHEALTH GROUP INCORPORATED</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UNITEDHEALTH GROUP, INC.</title>
        <cusip>91324P102</cusip>
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          <isin value="US91324P1021"/>
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        <balance>100617.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>40291071.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PETVET CARE CENTERS, LLC</name>
        <lei>549300V0HK8MSXZNOM91</lei>
        <title>PETVET CARE CENTERES LLC</title>
        <cusip>70476XAC9</cusip>
        <identifiers>
          <isin value="US70476XAC92"/>
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        <balance>307222.46000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>302826.11000000</valUSD>
        <pctVal>0.021392005348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mondelez International, Inc.</name>
        <lei>549300DV9GIB88LZ5P30</lei>
        <title>MONDELEZ INTERNATIONAL INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="MDLZ"/>
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        <balance>-78.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-23155.47000000</valUSD>
        <pctVal>-0.00163573061</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                <issuerName>Mondelez International, Inc.</issuerName>
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            <shareNo>78.00000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-7789.47000000</unrealizedAppr>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CME GROUP INC.</name>
        <lei>LCZ7XYGSLJUHFXXNXD88</lei>
        <title>CME GROUP INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="CME"/>
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        <balance>-57.00000000</balance>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                <issuerName>CME GROUP INC.</issuerName>
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            <shareNo>57.00000000</shareNo>
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      <invstOrSec>
        <name>UNITEDHEALTH GROUP INCORPORATED</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UNITEDHEALTH GROUP INC (CALL OPTION)</title>
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        <isRestrictedSec>N</isRestrictedSec>

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            <expDt>2022-01-21</expDt>
            <delta>XXXX</delta>
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      <invstOrSec>
        <name>HILTON WORLDWIDE HOLDINGS INC.</name>
        <lei>549300HVGPK36ICB0B89</lei>
        <title>HILTON WORLDWIDE HOLDINGS INC (CALL OPTION)</title>
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          <isin value="N/A"/>
          <ticker value="HLT"/>
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        <balance>-112.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>XCBO</counterpartyName>
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                <issuerName>HILTON WORLDWIDE HOLDINGS INC.</issuerName>
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            <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>THE PNC FINANCIAL SERVICES GROUP, INC.</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC FINANCIAL SERVICES GROUP INC/THE (CALL OPTION)</title>
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          <isin value="N/A"/>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>MARSH &amp; MCLENNAN COMPANIES, INC.</name>
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        <name>THE COCA-COLA COMPANY</name>
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        <name>FISERV, INC.</name>
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        <name>PROJECT BOOST PURCHASER, LLC</name>
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        <name>MEDTRONIC PUBLIC LIMITED COMPANY</name>
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        <name>BANK OF AMERICA CORPORATION</name>
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        <name>IRB HOLDING CORP.</name>
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        <name>MICROSOFT CORPORATION</name>
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        <name>Four Seasons Holdings Inc.</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>UNITEDHEALTH GROUP INCORPORATED</name>
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        <name>HUMANA INC.</name>
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        <name>THERMO FISHER SCIENTIFIC INC.</name>
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      <invstOrSec>
        <name>VISA INC.</name>
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      <invstOrSec>
        <name>FILTRATION GROUP CORPORATION</name>
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      <invstOrSec>
        <name>LOCKHEED MARTIN CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <optionSwaptionWarrantDeriv derivCat="OPT">
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      <invstOrSec>
        <name>HUB INTERNATIONAL LIMITED</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>HUB INTERNATIONAL LTD</title>
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          <isin value="US44332EAU01"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-25</maturityDt>
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      <invstOrSec>
        <name>Alabama Power Company</name>
        <lei>0RL818ELFOHP5JHOFU19</lei>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SIX FLAGS ENTERTAINMENT CORPORATION</name>
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        <title>SIX FLAGS ENTERTAINMENT</title>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>CME GROUP INC.</name>
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        <balance>-57.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FACEBOOK, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK OF AMERICA CORPORATION</name>
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        <name>MICROSOFT CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CEDAR FAIR, L.P.</name>
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        <name>CASH</name>
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        <name>Clarios Global LP</name>
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        <title>CLARIOS GLOBAL LP</title>
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          <isin value="US18060TAA34"/>
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        <balance>152000.00000000</balance>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>ROSS STORES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CPI HOLDCO, LLC</name>
        <lei>549300TMNYXLWYDEPJ03</lei>
        <title>CPI HOLDCO LLC</title>
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      <invstOrSec>
        <name>NXP Semiconductors N.V.</name>
        <lei>724500M9BY5293JDF951</lei>
        <title>NXP SEMICONDUCTORS NV (CALL OPTION)</title>
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      <invstOrSec>
        <name>SIRIUS XM RADIO INC.</name>
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        <name>SBA Communications Corporation</name>
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      <invstOrSec>
        <name>Life Time Inc.</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RYAN SPECIALTY GROUP, LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FLEETCOR TECHNOLOGIES, INC.</name>
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          <isin value="N/A"/>
          <ticker value="FLT"/>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
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      <invstOrSec>
        <name>DELTA AIR LINES, INC.</name>
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        <title>SKYMILES IP LTD</title>
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      <invstOrSec>
        <name>DUKE ENERGY CORPORATION</name>
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      <invstOrSec>
        <name>SkyMiles IP Ltd.</name>
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        <name>SURGERY CENTER HOLDINGS, INC.</name>
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        <name>SHUTTERFLY, LLC</name>
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        <title>PHOTO HOLDINGS MERGER SU</title>
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        <name>MEDTRONIC PUBLIC LIMITED COMPANY</name>
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        <name>MARRIOTT INTERNATIONAL, INC.</name>
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        <name>SCE TRUST IV</name>
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        <name>HUMANA INC.</name>
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        <name>AMERICAN ELECTRIC POWER COMPANY, INC.</name>
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        <name>Domino's Pizza Master Issuer LLC</name>
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        <name>NISOURCE INC.</name>
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        <name>UNITEDHEALTH GROUP INCORPORATED</name>
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        <name>Clarios Global LP</name>
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        <name>CMS ENERGY CORPORATION</name>
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        <name>FACEBOOK, INC.</name>
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        <name>WASTE MANAGEMENT, INC.</name>
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        <name>SIX FLAGS THEME PARKS INC.</name>
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        <name>DANAHER CORPORATION</name>
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        <name>CEDAR FAIR, L.P.</name>
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        <name>SIX FLAGS ENTERTAINMENT CORPORATION</name>
        <lei>549300JYTDUAA4JQ3717</lei>
        <title>SIX FLAGS ENTERTAINMENT</title>
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          <isin value="US83001AAB89"/>
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        <balance>4939000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4988390.00000000</valUSD>
        <pctVal>0.352385947040</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FLEETCOR TECHNOLOGIES, INC.</name>
        <lei>549300DG6RR0NQSFLN74</lei>
        <title>FLEETCOR TECHNOLOGIES INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="FLT"/>
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        <balance>-14.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-6807.72000000</valUSD>
        <pctVal>-0.00048090563</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
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              <otherRefInst>
                <issuerName>FLEETCOR TECHNOLOGIES, INC.</issuerName>
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                  <cusip value="339041105"/>
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              </otherRefInst>
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            <shareNo>14.00000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>21150.28000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NXP Semiconductors N.V.</name>
        <lei>724500M9BY5293JDF951</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="NXPI"/>
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        <balance>-48.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-84580.80000000</valUSD>
        <pctVal>-0.00597489075</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NXP Semiconductors N.V.</issuerName>
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                  <cusip value="N6596X109"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>48.00000000</shareNo>
            <exercisePrice>210.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2022-01-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-15134.40000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pepsico, Inc.</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
        <title>PEPSICO INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="PEP"/>
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        <balance>-80.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-94648.75000000</valUSD>
        <pctVal>-0.00668610301</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Pepsico, Inc.</issuerName>
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                  <cusip value="713448108"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>80.00000000</shareNo>
            <exercisePrice>140.00000000</exercisePrice>
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            <expDt>2022-01-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-5788.75000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VISA INC.</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>VISA INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="V"/>
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        <balance>-89.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-84773.75000000</valUSD>
        <pctVal>-0.00598852098</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>VISA INC.</issuerName>
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                  <cusip value="92826C839"/>
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              </otherRefInst>
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            <shareNo>89.00000000</shareNo>
            <exercisePrice>245.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2022-01-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>10546.10000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROSS STORES, INC.</name>
        <lei>549300ENZFLPGRDFZQ60</lei>
        <title>ROSS STORES, INC.</title>
        <cusip>778296103</cusip>
        <identifiers>
          <isin value="US7782961038"/>
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        <balance>5600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>694400.00000000</valUSD>
        <pctVal>0.049053261999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ENVISTA HOLDINGS CORPORATION</name>
        <lei>549300BX623VURJZ5269</lei>
        <title>ENVISTA HOLDINGS CORP</title>
        <cusip>29415F104</cusip>
        <identifiers>
          <isin value="US29415F1049"/>
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        <balance>48690.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2103894.90000000</valUSD>
        <pctVal>0.148621698946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HILTON WORLDWIDE HOLDINGS INC.</name>
        <lei>549300HVGPK36ICB0B89</lei>
        <title>HILTON WORLDWIDE HOLDINGS INC</title>
        <cusip>43300A203</cusip>
        <identifiers>
          <isin value="US43300A2033"/>
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        <balance>75380.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9092335.60000000</valUSD>
        <pctVal>0.642293664130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALPHABET INC.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="GOOGL"/>
        </identifiers>
        <balance>-1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-28498.34000000</valUSD>
        <pctVal>-0.00201315745</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>ALPHABET INC.</issuerName>
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            <shareNo>1.00000000</shareNo>
            <exercisePrice>2450.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2022-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-1751.34000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CLARIVATE SCIENCE HOLDINGS CORPORATION</name>
        <lei>N/A</lei>
        <title>CLARIVATE SCIENCE HOLDINGS CORP</title>
        <cusip>18064PAA7</cusip>
        <identifiers>
          <isin value="US18064PAA75"/>
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        <balance>715000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>719468.75000000</valUSD>
        <pctVal>0.050824149040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HILTON WORLDWIDE HOLDINGS INC.</name>
        <lei>549300HVGPK36ICB0B89</lei>
        <title>HILTON WORLDWIDE HOLDINGS INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="HLT"/>
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        <balance>-87.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-58004.00000000</valUSD>
        <pctVal>-0.00409747322</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
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                <issuerName>HILTON WORLDWIDE HOLDINGS INC.</issuerName>
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            </descRefInstrmnt>
            <shareNo>87.00000000</shareNo>
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            <expDt>2022-01-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>39819.52000000</unrealizedAppr>
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      </invstOrSec>
      <invstOrSec>
        <name>TELEFLEX INCORPORATED</name>
        <lei>UUL85LWXB4NGSWWXIQ25</lei>
        <title>TELEFLEX INC</title>
        <cusip>879369AF3</cusip>
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          <isin value="US879369AF39"/>
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        <balance>860000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>913750.00000000</valUSD>
        <pctVal>0.064548413237</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITEDHEALTH GROUP INCORPORATED</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UNITEDHEALTH GROUP INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="UNH"/>
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        <balance>-10.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-5258.94000000</valUSD>
        <pctVal>-0.00037149792</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                <issuerName>UNITEDHEALTH GROUP INCORPORATED</issuerName>
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            <shareNo>10.00000000</shareNo>
            <exercisePrice>470.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2022-01-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>7798.76000000</unrealizedAppr>
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      </invstOrSec>
      <invstOrSec>
        <name>AMAZON.COM, INC.</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMAZON.COM INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="AMZN"/>
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        <balance>-6.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <pctVal>-0.00343034745</pctVal>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>XCBO</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                <issuerName>AMAZON.COM, INC.</issuerName>
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            <shareNo>6.00000000</shareNo>
            <exercisePrice>4100.00000000</exercisePrice>
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            <expDt>2022-01-21</expDt>
            <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MARRIOTT INTERNATIONAL, INC.</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>MARRIOTT INTERNATIONAL INC/MD (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="MAR"/>
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        <balance>-37.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-17325.32000000</valUSD>
        <pctVal>-0.00122388171</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>FLEETCOR TECHNOLOGIES, INC.</name>
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        <name>WELBILT, INC.</name>
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        <name>Pepsico, Inc.</name>
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        <name>CORELOGIC, INC.</name>
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        <name>TELEDYNE TECHNOLOGIES INCORPORATED</name>
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        <name>AZALEA TOPCO, INC.</name>
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        <name>FACEBOOK, INC.</name>
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        <name>WASTE CONNECTIONS, INC.</name>
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        <name>HIG FINANCE 2 LIMITED</name>
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        <name>ACRISURE, LLC</name>
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        <pctVal>0.162121596037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TELEDYNE TECHNOLOGIES INCORPORATED</name>
        <lei>549300VSMO9KYQWDND94</lei>
        <title>TELEDYNE TECHNOLOGIES INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="TDY"/>
        </identifiers>
        <balance>-10.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-18930.16000000</valUSD>
        <pctVal>-0.00133724956</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>TELEDYNE TECHNOLOGIES INCORPORATED</issuerName>
                <issueTitle>TELEDYNE TECHNOLOGIES INC (CALL OPTION)</issueTitle>
                <identifiers>
                  <cusip value="879360105"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>10.00000000</shareNo>
            <exercisePrice>420.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2021-09-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>359.44000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALPHABET INC.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="GOOG"/>
        </identifiers>
        <balance>-2.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-39070.66000000</valUSD>
        <pctVal>-0.00275999902</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>ALPHABET INC.</issuerName>
                <issueTitle>ALPHABET INC (CALL OPTION)</issueTitle>
                <identifiers>
                  <cusip value="02079K107"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>2.00000000</shareNo>
            <exercisePrice>2650.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2022-06-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-2290.66000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UKG INC.</name>
        <lei>529900FKHWSTQ1GXK240</lei>
        <title>ULTIMATE SOFTWARE GROUP INC/THE</title>
        <cusip>90385KAF8</cusip>
        <identifiers>
          <isin value="US90385KAF84"/>
        </identifiers>
        <balance>525000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>533310.75000000</valUSD>
        <pctVal>0.037673721121</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northrop Grumman Corporation</name>
        <lei>RIMU48P07456QXSO0R61</lei>
        <title>NORTHROP GRUMMAN CORP (CALL OPTION)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="NOC"/>
        </identifiers>
        <balance>-30.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-164879.86000000</valUSD>
        <pctVal>-0.01164731418</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>XCBO</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Northrop Grumman Corporation</issuerName>
                <issueTitle>NORTHROP GRUMMAN CORP (CALL OPTION)</issueTitle>
                <identifiers>
                  <cusip value="666807102"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>30.00000000</shareNo>
            <exercisePrice>315.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2022-01-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-101409.86000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUM! Brands, Inc.</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM! BRANDS INC</title>
        <cusip>988498AL5</cusip>
        <identifiers>
          <isin value="US988498AL59"/>
        </identifiers>
        <balance>370000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>399137.50000000</valUSD>
        <pctVal>0.028195559275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NISOURCE INC.</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NISOURCE, INC.</title>
        <cusip>65473P105</cusip>
        <identifiers>
          <isin value="US65473P1057"/>
        </identifiers>
        <balance>519500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12727750.00000000</valUSD>
        <pctVal>0.899103766433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Allianz Variable Insurance Products Trust</ncom:nameOfApplicant>
      <ncom:signature>Bashir C. Asad</ncom:signature>
      <ncom:signerName>Bashir C. Asad</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
