FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Carlson Capital, L.P.
  2. Issuer Name and Ticker or Trading Symbol
SWK Holdings Corp [SWKH] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
2100 MCKINNEY AVE, STE 1900		 3. Date of Earliest Transaction (Month/Day/Year)
10/23/2024
(Street)

DALLAS, TX 75201		 4. If Amendment, Date Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) 		7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share (the "Common Stock") 10/23/2024   J(1)   600,678 D (1) $ 0 0 I See footnote (2)
Common Stock               8,493,088 I See footnotes (2) (3)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5) 		6. Date Exercisable and Expiration Date
(Month/Day/Year) 		7. Title and Amount of Underlying Securities
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4) 		10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) 		11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Carlson Capital, L.P.
2100 MCKINNEY AVE
STE 1900
DALLAS, TX 75201		     X    
Black Diamond Offshore Ltd.
2100 MCKINNEY AVENUE
STE 1900
DALLAS, TX 75201		     X    
Double Black Diamond Offshore Ltd
2100 MCKINNEY AVENUE
STE 1900
DALLAS, TX 75201		     X    
Asgard Investment Corp. II
2100 MCKINNEY AVENUE
STE 1900
DALLAS, TX 75201		     X    
Carlson Clint Duane
2100 MCKINNEY AVENUE
STE 1900
DALLAS, TX 75201		     X    

Signatures

 Carlson Capital, L.P., By: /s/ Clint D. Carlson, Title: President   10/25/2024
**Signature of Reporting Person Date

 Black Diamond Offshore Ltd., By its investment manager Carlson Capital, L.P., By its general partner Asgard II, By: /s/ Clint D. Carlson, Title: President   10/25/2024
**Signature of Reporting Person Date

 Double Black Diamond Offshore Ltd., By its investment manager Carlson Capital, L.P., By its general partner Asgard II, By: /s/ Clint D. Carlson, Title: President   10/25/2024
**Signature of Reporting Person Date

 Asgard Investment Corp. II, By: /s/ Clint D. Carlson, Title: President   10/25/2024
**Signature of Reporting Person Date

 Clint D. Carlson, By: /s/ Clint D. Carlson   10/25/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Transaction reflects pro rata in-kind distributions by Black Diamond Offshore Ltd. of 600,678 Common Stock. Clint Carlson received 399,394.19 Common Stock. Lewis Carlson received 62,078.97 Common Stock. Owen Augustus Carlson 1997 A Trust received 62,078.97 Common Stock. Julian Orlando Carlson 1997 A Trust received 62,078.97 Common Stock. Carlson Capital GP, L.P. received 12,353.51 Common Stock. The Carlson Foundation received 2,693.40 Common Stock.
(2) Carlson Capital, L.P., a Delaware limited partnership, serves as the investment manager to, and has the power to direct the affairs of, Black Diamond Offshore Ltd., a Cayman Islands exempt company, and Double Black Diamond Offshore Ltd, a Cayman Islands exempt company (together, the "Funds"). Asgard Investment Corp. II, a Delaware corporation ("Asgard II") serves as the general partner of, and has the power to direct the affairs of, the Funds. Mr. Clint D. Carlson, a U.S. citizen, serves as the president of, and has the power to direct the affairs of, Asgard II and the Funds.
(3) The shares of Common Stock to which this relates are held directly by Double Black Diamond Offshore, Ltd.

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