Hartree Partners, LP Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OVV	OVINTIV INC	618,850	$24,254	8.8%	$38.77	0.0%	COM	69047Q102
NEE	NEXTERA ENERGY INC	72,000	$5,780	2.1%	$82.50	0.0%	COM	65339F101
BTE	BAYTEX ENERGY CORP	1,762,500	$5,702	2.1%	$2.79	0.0%	COM	07317Q105
LAFAU	LAFAYETTE ACQUISITION CORP	500,000	$5,000	1.8%	$10.00	—	UNIT 10/24/2030	G53426121
SWX	SOUTHWEST GAS HLDGS INC	61,200	$4,897	1.8%	$80.11	0.0%	COM	844895102
ALB	ALBEMARLE CORP	24,949	$3,529	1.3%	$113.25	0.0%	COM	012653101
EQT	EQT CORP	63,915	$3,426	1.2%	$56.13	0.0%	COM	26884L109
KRSP	RICE ACQUISITION CORP 3	240,000	$2,400	0.9%	$10.36	0.0%	UNIT 99/99/9999	G7553X106
CNH	CNH INDL N V	250,000	$2,305	0.8%	$9.99	0.0%	SHS	N20944109
KGC	Kinross Gold Corp	55,000	$1,549	0.6%	$25.98	0.0%	COM	496902404
ECVT	ECOVYST INC	135,000	$1,314	0.5%	$8.73	0.0%	COM	27923Q109
MATX	MATSON INC	7,230	$1,213	0.4%	—	—	PUT	57686G105
CDE	COEUR MNG INC	57,500	$1,025	0.4%	$17.39	0.0%	COM NEW	192108504
OUNZ	VANECK MERK GOLD ETF	2,000	$930	0.3%	—	—	PUT	921078101
COP	CONOCOPHILLIPS	9,600	$899	0.3%	$90.02	0.0%	COM	20825C104
GPRK	GEOPARK LTD	115,574	$856	0.3%	$7.32	0.0%	USD SHS	G38327105
LNG	CHENIERE ENERGY INC	4,000	$778	0.3%	$209.99	0.0%	COM NEW	16411R208
NFGC	NEW FOUND GOLD CORP	250,000	$740	0.3%	$2.45	0.0%	COM	64440N103
CORZ	CORE SCIENTIFIC INC NEW	50,000	$728	0.3%	$17.44	0.0%	COM	21874A106
ALB	ALBEMARLE CORP	1,000	$721	0.3%	$113.25	0.0%	PUT	012653101
ARLP	ALLIANCE RESOURCE PARTNERS L	28,887	$671	0.2%	$23.23	—	UT LTD PART	01877R108
AU	ANGLOGOLD ASHANTI PLC	7,500	$640	0.2%	$77.50	0.0%	COM SHS	G0378L100
VALE	VALE S A	30,000	$391	0.1%	$13.03	—	SPONSORED ADS	91912E105
EOG	EOG RES INC	3,350	$352	0.1%	$107.22	0.0%	COM	26875P101
MT	ARCELORMITTAL SA LUXEMBOURG	5,224	$238	0.1%	$45.57	—	NY REGISTRY SH	03938L203
NAK	NORTHERN DYNASTY MINERALS LT	20,000	$39	0.0%	$1.93	0.0%	COM NEW	66510M204

Increased Positions (16)

B BARRICK MNG CORP 4.7%

Value ($000) $13,065 (+431.6%) Shares 300,000 (+300.0%) Est. Cost $34.35 Unrealized +8.9%

UGI UGI CORP NEW 1.6%

Value ($000) $4,465 (+379.5%) Shares 119,300 (+326.1%) Est. Cost $35.24 Unrealized +0.5%

SHMD SCHMID GROUP N.V. 1.7%

Value ($000) $4,624 (+155.6%) Shares 1,027,500 (+13.6%) Est. Cost $4.12 Unrealized +6.9%

CVE CENOVUS ENERGY INC 1.6%

Value ($000) $4,399 (+130.3%) Shares 260,000 (+131.1%) Est. Cost $16.61 Unrealized +4.6%

EE EXCELERATE ENERGY INC 2.0%

Value ($000) $5,488 (+57.8%) Shares 195,663 (+41.7%) Est. Cost $25.48 Unrealized +6.0%

DAC DANAOS CORPORATION 2.2%

Value ($000) $5,951 (+46.8%) Shares 63,187 (+39.9%) Est. Cost $92.16 Unrealized -0.0%

L LOEWS CORP 2.4%

Value ($000) $6,726 (+20.1%) Shares 63,865 (+14.5%) Est. Cost $89.60 Unrealized +15.2%

CHRD CHORD ENERGY CORPORATION 0.5%

Value ($000) $1,435 (+312.5%) Shares 15,475 (+342.1%) Est. Cost $94.45 Unrealized -2.6%

SBSW SIBANYE STILLWATER LTD 1.3%

Value ($000) $3,659 (+36.3%) Shares 256,750 (+7.5%) Est. Cost $11.14 Unrealized —

EQX EQUINOX GOLD CORP 0.7%

Value ($000) $2,068 (+84.3%) Shares 147,300 (+47.3%) Est. Cost $8.18 Unrealized +54.3%

BG BUNGE GLOBAL SA 1.6%

Value ($000) $4,543 (+24.3%) Shares 51,000 (+13.3%) Est. Cost $80.70 Unrealized +13.8%

CGAU CENTERRA GOLD INC 0.5%

Value ($000) $1,512 (+101.6%) Shares 105,000 (+50.0%) Est. Cost $9.49 Unrealized +31.9%

TLN TALEN ENERGY CORP 1.9%

Value ($000) $5,248 (+12.2%) Shares 14,000 (+27.3%) Est. Cost $352.10 Unrealized +10.4%

DVN DEVON ENERGY CORP NEW 0.7%

Value ($000) $2,048 (+35.8%) Shares 55,900 (+30.0%) Est. Cost $33.89 Unrealized +2.5%

SHEL SHELL PLC 0.6%

Value ($000) $1,543 (+43.8%) Shares 21,000 (+40.0%) Est. Cost $71.29 Unrealized —

GGB GERDAU SA 0.3%

Value ($000) $775 (+39.6%) Shares 210,000 (+17.3%) Est. Cost $3.19 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
B	BARRICK MNG CORP	300,000 (+300.0%)	$13,065 (+431.6%)	4.7%	$34.35	+8.9%	COM SHS	06849F108
UGI	UGI CORP NEW	119,300 (+326.1%)	$4,465 (+379.5%)	1.6%	$35.24	+0.5%	COM	902681105
SHMD	SCHMID GROUP N.V.	1,027,500 (+13.6%)	$4,624 (+155.6%)	1.7%	$4.12	+6.9%	EURO SHS CL A	N68722102
CVE	CENOVUS ENERGY INC	260,000 (+131.1%)	$4,399 (+130.3%)	1.6%	$16.61	+4.6%	COM	15135U109
EE	EXCELERATE ENERGY INC	195,663 (+41.7%)	$5,488 (+57.8%)	2.0%	$25.48	+6.0%	CL A COM	30069T101
DAC	DANAOS CORPORATION	63,187 (+39.9%)	$5,951 (+46.8%)	2.2%	$92.16	-0.0%	SHS	Y1968P121
L	LOEWS CORP	63,865 (+14.5%)	$6,726 (+20.1%)	2.4%	$89.60	+15.2%	COM	540424108
CHRD	CHORD ENERGY CORPORATION	15,475 (+342.1%)	$1,435 (+312.5%)	0.5%	$94.45	-2.6%	COM NEW	674215207
SBSW	SIBANYE STILLWATER LTD	256,750 (+7.5%)	$3,659 (+36.3%)	1.3%	$11.14	—	SPONSORED ADR	82575P107
EQX	EQUINOX GOLD CORP	147,300 (+47.3%)	$2,068 (+84.3%)	0.7%	$8.18	+54.3%	COM	29446Y502
BG	BUNGE GLOBAL SA	51,000 (+13.3%)	$4,543 (+24.3%)	1.6%	$80.70	+13.8%	COM SHS	H11356104
CGAU	CENTERRA GOLD INC	105,000 (+50.0%)	$1,512 (+101.6%)	0.5%	$9.49	+31.9%	COM	152006102
TLN	TALEN ENERGY CORP	14,000 (+27.3%)	$5,248 (+12.2%)	1.9%	$352.10	+10.4%	COM	87422Q109
DVN	DEVON ENERGY CORP NEW	55,900 (+30.0%)	$2,048 (+35.8%)	0.7%	$33.89	+2.5%	COM	25179M103
SHEL	SHELL PLC	21,000 (+40.0%)	$1,543 (+43.8%)	0.6%	$71.29	—	SPON ADS	780259305
GGB	GERDAU SA	210,000 (+17.3%)	$775 (+39.6%)	0.3%	$3.19	—	SPON ADR REP PFD	373737105

Exited Positions (43)

HAL HALLIBURTON CO 4.2%

Value ($000) $11,611 Shares 472,000 Est. Cost $21.87 Unrealized +20.2%

USO UNITED STS OIL FD LP 3.3%

Value ($000) $9,219 Shares 125,000 Est. Cost $73.75 Unrealized —

DAR DARLING INGREDIENTS INC 2.2%

Value ($000) $6,157 Shares 199,448 Est. Cost $33.27 Unrealized +1.7%

DBRG DIGITALBRIDGE GROUP INC 2.1%

Value ($000) $5,765 Shares 492,701 Est. Cost $11.15 Unrealized +7.6%

MEOH METHANEX CORP 1.9%

Value ($000) $5,347 Shares 134,470 Est. Cost $32.24 Unrealized +15.4%

OI O-I GLASS INC 1.9%

Value ($000) $5,244 Shares 404,346 Est. Cost $12.79 Unrealized +3.4%

XEL XCEL ENERGY INC 1.8%

Value ($000) $5,081 Shares 63,000 Est. Cost $71.34 Unrealized +9.7%

NVDA NVIDIA CORPORATION 1.7%

Value ($000) $4,758 Shares 25,500 Est. Cost $143.88 Unrealized +29.4%

GNRC GENERAC HLDGS INC 1.1%

Value ($000) $3,013 Shares 18,000 Est. Cost $175.19 Unrealized -7.9%

NGD NEW GOLD INC CDA 1.1%

Value ($000) $2,930 Shares 408,532 Est. Cost $5.41 Unrealized +39.2%

HAFN HAFNIA LTD 1.0%

Value ($000) $2,645 Shares 441,100 Est. Cost $5.72 Unrealized +4.2%

NEM NEWMONT CORP 0.9%

Value ($000) $2,449 Shares 29,051 Est. Cost $51.40 Unrealized +75.5%

EXK ENDEAVOUR SILVER CORP 0.8%

Value ($000) $2,156 Shares 275,298 Est. Cost $5.04 Unrealized +68.2%

EVRG EVERGY INC 0.6%

Value ($000) $1,672 Shares 22,000 Est. Cost $70.25 Unrealized +7.4%

— CENTURY ALUM CO 0.5%

Value ($000) $1,305 Shares 3,000 Est. Cost — Unrealized —

BWXT BWX TECHNOLOGIES INC 0.4%

Value ($000) $1,106 Shares 6,000 Est. Cost $160.55 Unrealized +16.7%

FCX FREEPORT-MCMORAN INC 0.4%

Value ($000) $1,098 Shares 28,000 Est. Cost $43.20 Unrealized +0.3%

AA ALCOA CORP 0.3%

Value ($000) $822 Shares 25,000 Est. Cost $27.63 Unrealized +48.0%

META META PLATFORMS INC 0.3%

Value ($000) $808 Shares 1,100 Est. Cost $743.23 Unrealized -10.2%

DCH AMERICAN AXLE & MFG HLDGS IN 0.2%

Value ($000) $611 Shares 101,622 Est. Cost $5.35 Unrealized +16.2%

NRG NRG ENERGY INC 0.2%

Value ($000) $567 Shares 3,500 Est. Cost $155.26 Unrealized +6.5%

SPY SPDR S&P 500 ETF TR 0.2%

Value ($000) $566 Shares 850 Est. Cost $666.18 Unrealized —

DTM DT MIDSTREAM INC 0.2%

Value ($000) $565 Shares 5,000 Est. Cost $103.16 Unrealized +10.8%

TAC TRANSALTA CORP 0.2%

Value ($000) $546 Shares 40,000 Est. Cost $12.30 Unrealized +21.4%

LNT ALLIANT ENERGY CORP 0.2%

Value ($000) $539 Shares 8,000 Est. Cost $63.88 Unrealized +4.6%

— SIBANYE STILLWATER LTD 0.2%

Value ($000) $491 Shares 5,000 Est. Cost — Unrealized —

OGE OGE ENERGY CORP 0.2%

Value ($000) $463 Shares 10,000 Est. Cost $44.77 Unrealized -0.4%

SHMDW SCHMID GROUP N.V. 0.2%

Value ($000) $454 Shares 2,269,373 Est. Cost — Unrealized —

XOP SPDR SERIES TRUST 0.1%

Value ($000) $397 Shares 3,000 Est. Cost $132.20 Unrealized —

VST VISTRA CORP 0.1%

Value ($000) $362 Shares 1,850 Est. Cost $147.45 Unrealized +23.4%

FANG DIAMONDBACK ENERGY INC 0.1%

Value ($000) $258 Shares 1,800 Est. Cost $140.85 Unrealized +4.4%

BKV BKV CORP 0.1%

Value ($000) $254 Shares 11,000 Est. Cost $20.67 Unrealized +21.5%

GDX VANECK ETF TRUST 0.1%

Value ($000) $226 Shares 2,500 Est. Cost — Unrealized —

SHLS SHOALS TECHNOLOGIES GROUP IN 0.1%

Value ($000) $222 Shares 30,000 Est. Cost $6.15 Unrealized +46.0%

KEX KIRBY CORP 0.1%

Value ($000) $209 Shares 2,500 Est. Cost $100.46 Unrealized +1.2%

BRLSW BOREALIS FOODS INC 0.0%

Value ($000) $115 Shares 1,152,000 Est. Cost — Unrealized —

— GERDAU SA 0.0%

Value ($000) $104 Shares 11,000 Est. Cost — Unrealized —

SLSR SOLARIS RES INC 0.0%

Value ($000) $64 Shares 10,000 Est. Cost $5.31 Unrealized +30.6%

SCAGW SCAGE FUTURE 0.0%

Value ($000) $53 Shares 1,067,486 Est. Cost — Unrealized —

GCLWW GCL GLOBAL HLDGS LTD 0.0%

Value ($000) $23 Shares 325,564 Est. Cost — Unrealized —

SLXNW SILEXION THERAPEUTICS CORP 0.0%

Value ($000) $7 Shares 182,355 Est. Cost — Unrealized —

OUSTZ OUSTER INC 0.0%

Value ($000) $5 Shares 98,616 Est. Cost — Unrealized —

— MOOLEC SCIENCE SA 0.0%

Value ($000) $4 Shares 412,400 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HAL	HALLIBURTON CO	472,000	$11,611	4.2%	$21.87	+20.2%	—	406216101
USO	UNITED STS OIL FD LP	125,000	$9,219	3.3%	$73.75	—	—	91232N207
DAR	DARLING INGREDIENTS INC	199,448	$6,157	2.2%	$33.27	+1.7%	—	237266101
DBRG	DIGITALBRIDGE GROUP INC	492,701	$5,765	2.1%	$11.15	+7.6%	—	25401T603
MEOH	METHANEX CORP	134,470	$5,347	1.9%	$32.24	+15.4%	—	59151K108
OI	O-I GLASS INC	404,346	$5,244	1.9%	$12.79	+3.4%	—	67098H104
XEL	XCEL ENERGY INC	63,000	$5,081	1.8%	$71.34	+9.7%	—	98389B100
NVDA	NVIDIA CORPORATION	25,500	$4,758	1.7%	$143.88	+29.4%	—	67066G104
GNRC	GENERAC HLDGS INC	18,000	$3,013	1.1%	$175.19	-7.9%	—	368736104
NGD	NEW GOLD INC CDA	408,532	$2,930	1.1%	$5.41	+39.2%	—	644535106
HAFN	HAFNIA LTD	441,100	$2,645	1.0%	$5.72	+4.2%	—	Y2990R101
NEM	NEWMONT CORP	29,051	$2,449	0.9%	$51.40	+75.5%	—	651639106
EXK	ENDEAVOUR SILVER CORP	275,298	$2,156	0.8%	$5.04	+68.2%	—	29258Y103
EVRG	EVERGY INC	22,000	$1,672	0.6%	$70.25	+7.4%	—	30034W106
—	CENTURY ALUM CO	3,000	$1,305	0.5%	—	—	CALL	156431908
BWXT	BWX TECHNOLOGIES INC	6,000	$1,106	0.4%	$160.55	+16.7%	—	05605H100
FCX	FREEPORT-MCMORAN INC	28,000	$1,098	0.4%	$43.20	+0.3%	—	35671D857
AA	ALCOA CORP	25,000	$822	0.3%	$27.63	+48.0%	—	013872106
META	META PLATFORMS INC	1,100	$808	0.3%	$743.23	-10.2%	—	30303M102
DCH	AMERICAN AXLE & MFG HLDGS IN	101,622	$611	0.2%	$5.35	+16.2%	—	024061103
NRG	NRG ENERGY INC	3,500	$567	0.2%	$155.26	+6.5%	—	629377508
SPY	SPDR S&P 500 ETF TR	850	$566	0.2%	$666.18	—	—	78462F103
DTM	DT MIDSTREAM INC	5,000	$565	0.2%	$103.16	+10.8%	—	23345M107
TAC	TRANSALTA CORP	40,000	$546	0.2%	$12.30	+21.4%	—	89346D107
LNT	ALLIANT ENERGY CORP	8,000	$539	0.2%	$63.88	+4.6%	—	018802108
—	SIBANYE STILLWATER LTD	5,000	$491	0.2%	—	—	CALL	82575P907
OGE	OGE ENERGY CORP	10,000	$463	0.2%	$44.77	-0.4%	—	670837103
SHMDW	SCHMID GROUP N.V.	2,269,373	$454	0.2%	—	—	CALL	N68722110
XOP	SPDR SERIES TRUST	3,000	$397	0.1%	$132.20	—	—	78468R556
VST	VISTRA CORP	1,850	$362	0.1%	$147.45	+23.4%	—	92840M102
FANG	DIAMONDBACK ENERGY INC	1,800	$258	0.1%	$140.85	+4.4%	—	25278X109
BKV	BKV CORP	11,000	$254	0.1%	$20.67	+21.5%	—	05603J108
GDX	VANECK ETF TRUST	2,500	$226	0.1%	—	—	PUT	92189F106
SHLS	SHOALS TECHNOLOGIES GROUP IN	30,000	$222	0.1%	$6.15	+46.0%	—	82489W107
KEX	KIRBY CORP	2,500	$209	0.1%	$100.46	+1.2%	—	497266106
BRLSW	BOREALIS FOODS INC	1,152,000	$115	0.0%	—	—	CALL	09973D113
—	GERDAU SA	11,000	$104	0.0%	—	—	CALL	373737905
SLSR	SOLARIS RES INC	10,000	$64	0.0%	$5.31	+30.6%	—	83419D201
SCAGW	SCAGE FUTURE	1,067,486	$53	0.0%	—	—	CALL	G7840J118
GCLWW	GCL GLOBAL HLDGS LTD	325,564	$23	0.0%	—	—	CALL	G3777K111
SLXNW	SILEXION THERAPEUTICS CORP	182,355	$7	0.0%	—	—	CALL	G1281K114
OUSTZ	OUSTER INC	98,616	$5	0.0%	—	—	CALL	68989M111
—	MOOLEC SCIENCE SA	412,400	$4	0.0%	—	—	CALL	L64875112

Decreased Positions (11)

TNK TEEKAY TANKERS LTD 2.9%

Value ($000) $7,925 (-61.0%) Shares 148,360 (-63.1%) Est. Cost $41.94 Unrealized +33.9%

JBS JBS N.V. 2.1%

Value ($000) $5,768 (-47.5%) Shares 400,000 (-45.7%) Est. Cost $14.07 Unrealized -2.4%

EXE EXPAND ENERGY CORP 3.3%

Value ($000) $9,135 (-20.4%) Shares 82,779 (-23.3%) Est. Cost $94.07 Unrealized +17.6%

MTDR MATADOR RES CO 0.4%

Value ($000) $1,073 (-46.9%) Shares 25,293 (-43.8%) Est. Cost $48.82 Unrealized -14.0%

IAG IAMGOLD CORP 2.8%

Value ($000) $7,632 (-11.0%) Shares 462,844 (-30.2%) Est. Cost $5.66 Unrealized +148.8%

TRGP TARGA RES CORP 0.1%

Value ($000) $351 (-64.8%) Shares 1,900 (-68.1%) Est. Cost $165.56 Unrealized +1.5%

HBM HUDBAY MINERALS IN 0.2%

Value ($000) $596 (-43.8%) Shares 30,000 (-57.1%) Est. Cost $11.45 Unrealized +47.7%

PDS PRECISION DRILLING CORP 2.1%

Value ($000) $5,920 (+5.1%) Shares 82,500 (-17.5%) Est. Cost $52.43 Unrealized +17.1%

GPRE GREEN PLAINS INC 0.1%

Value ($000) $225 (-48.7%) Shares 23,000 (-54.0%) Est. Cost $8.76 Unrealized +14.9%

GPOR GULFPORT ENERGY CORP 0.1%

Value ($000) $312 (-13.8%) Shares 1,500 (-25.0%) Est. Cost $186.46 Unrealized +6.9%

TGB TASEKO MINES LTD 0.0%

Value ($000) $65 (-23.1%) Shares 11,500 (-42.5%) Est. Cost $3.40 Unrealized +38.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TNK	TEEKAY TANKERS LTD	148,360 (-63.1%)	$7,925 (-61.0%)	2.9%	$41.94	+33.9%	CL A	G8726X106
JBS	JBS N.V.	400,000 (-45.7%)	$5,768 (-47.5%)	2.1%	$14.07	-2.4%	CL A SHS	N4732M103
EXE	EXPAND ENERGY CORP	82,779 (-23.3%)	$9,135 (-20.4%)	3.3%	$94.07	+17.6%	COM	165167735
MTDR	MATADOR RES CO	25,293 (-43.8%)	$1,073 (-46.9%)	0.4%	$48.82	-14.0%	COM	576485205
IAG	IAMGOLD CORP	462,844 (-30.2%)	$7,632 (-11.0%)	2.8%	$5.66	+148.8%	COM	450913108
TRGP	TARGA RES CORP	1,900 (-68.1%)	$351 (-64.8%)	0.1%	$165.56	+1.5%	COM	87612G101
HBM	HUDBAY MINERALS IN	30,000 (-57.1%)	$596 (-43.8%)	0.2%	$11.45	+47.7%	COM	443628102
PDS	PRECISION DRILLING CORP	82,500 (-17.5%)	$5,920 (+5.1%)	2.1%	$52.43	+17.1%	COM NEW	74022D407
GPRE	GREEN PLAINS INC	23,000 (-54.0%)	$225 (-48.7%)	0.1%	$8.76	+14.9%	COM	393222104
GPOR	GULFPORT ENERGY CORP	1,500 (-25.0%)	$312 (-13.8%)	0.1%	$186.46	+6.9%	COMMON SHARES	402635502
TGB	TASEKO MINES LTD	11,500 (-42.5%)	$65 (-23.1%)	0.0%	$3.40	+38.3%	COM	876511106

Unchanged Positions (9)

HDSN HUDSON TECHNOLOGIES INC 9.4%

Value ($000) $26,030 Shares 3,800,000 Est. Cost $5.98 Unrealized +31.8%

GLP GLOBAL PARTNERS LP 7.7%

Value ($000) $21,263 Shares 508,080 Est. Cost $31.95 Unrealized —

CENX CENTURY ALUM CO 3.1%

Value ($000) $8,490 Shares 216,688 Est. Cost $17.57 Unrealized +77.9%

DC DAKOTA GOLD CORP 0.4%

Value ($000) $1,153 Shares 203,002 Est. Cost $3.67 Unrealized +30.7%

FF FUTUREFUEL CORP 0.3%

Value ($000) $829 Shares 260,000 Est. Cost $4.54 Unrealized -22.0%

CDZI CADIZ INC 0.4%

Value ($000) $1,122 Shares 200,000 Est. Cost $3.49 Unrealized +53.7%

SLI STANDARD LITHIUM LTD 0.1%

Value ($000) $224 Shares 50,000 Est. Cost $1.84 Unrealized +130.4%

SGU STAR GROUP L P 14.6%

Value ($000) $40,267 Shares 3,400,907 Est. Cost $11.40 Unrealized +3.8%

EAF GRAFTECH INTL LTD 0.1%

Value ($000) $155 Shares 10,000 Est. Cost $11.57 Unrealized +31.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HDSN	HUDSON TECHNOLOGIES INC	3,800,000	$26,030	9.4%	$5.98	+31.8%	COM	444144109
GLP	GLOBAL PARTNERS LP	508,080	$21,263	7.7%	$31.95	—	COM UNITS	37946R109
CENX	CENTURY ALUM CO	216,688	$8,490	3.1%	$17.57	+77.9%	COM	156431108
DC	DAKOTA GOLD CORP	203,002	$1,153	0.4%	$3.67	+30.7%	COM	46655E100
FF	FUTUREFUEL CORP	260,000	$829	0.3%	$4.54	-22.0%	COM	36116M106
CDZI	CADIZ INC	200,000	$1,122	0.4%	$3.49	+53.7%	COM NEW	127537207
SLI	STANDARD LITHIUM LTD	50,000	$224	0.1%	$1.84	+130.4%	COM	853606101
SGU	STAR GROUP L P	3,400,907	$40,267	14.6%	$11.40	+3.8%	UNIT LTD PARTNR	85512C105
EAF	GRAFTECH INTL LTD	10,000	$155	0.1%	$11.57	+31.4%	COM NEW	384313607