SOROS FUND MANAGEMENT LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XOP	SPDR SERIES TRUST	3,290,700	$415,484	4.8%	—	—	PUT	78468R556
—	JAZZ INVESTMENTS I LTD	149,399,000	$173,176	2.0%	$1.16	—	NOTE 2.000% 6/1	472145AF8
XLE	SELECT SECTOR SPDR TR	3,639,800	$162,735	1.9%	—	—	PUT	81369Y506
CRWV	COREWEAVE INC	1,720,100	$123,176	1.4%	—	—	PUT	21873S108
—	DAYFORCE INC	1,489,221	$102,995	1.2%	$68.83	0.0%	COM	15677J108
EXAS	EXACT SCIENCES CORP	864,009	$87,749	1.0%	$80.31	0.0%	COM	30063P105
NGD	NEW GOLD INC CDA	9,691,998	$84,417	1.0%	$7.53	0.0%	COM	644535106
—	BILL HOLDINGS INC	90,385,000	$83,338	1.0%	$0.92	—	NOTE 4/0	090043AF7
CFLT	CONFLUENT INC	2,689,913	$81,343	0.9%	$24.55	0.0%	CLASS A COM	20717M103
—	SYNOVUS FINL CORP	1,438,381	$71,991	0.8%	$50.05	—	COM NEW	87161C501
FOLD	AMICUS THERAPEUTICS INC	5,000,000	$71,200	0.8%	$9.82	0.0%	COM	03152W109
CWAN	CLEARWATER ANALYTICS HLDGS I	2,879,113	$69,444	0.8%	$20.03	0.0%	CL A	185123106
MDLN	MEDLINE INC	1,580,000	$66,360	0.8%	$42.23	0.0%	COM CL A	58507V107
HOLX	HOLOGIC INC	876,422	$65,285	0.8%	$73.07	0.0%	COM	436440101
CMA	COMERICA INC	748,994	$65,110	0.8%	$79.98	0.0%	COM	200340107
—	CIDARA THERAPEUTICS INC	275,000	$60,745	0.7%	$220.89	—	COM NEW	171757206
RNA	AVIDITY BIOSCIENCES INC	840,976	$60,660	0.7%	$64.59	0.0%	COM	05370A108
HUN	HUNTSMAN CORP	5,900,000	$59,000	0.7%	$9.16	0.0%	CALL	447011107
ITT	ITT INC	329,390	$57,152	0.7%	$179.17	0.0%	COM	45073V108
WWD	WOODWARD INC	181,258	$54,798	0.6%	$274.80	0.0%	COM	980745103
XEL	XCEL ENERGY INC	732,025	$54,067	0.6%	$78.29	0.0%	COM	98389B100
JHG	JANUS HENDERSON GROUP PLC	996,991	$47,427	0.5%	$44.24	0.0%	ORD SHS	G4474Y214
—	HILLENBRAND INC	1,391,980	$44,154	0.5%	$31.72	—	COM	431571108
—	REV GROUP INC	641,910	$39,035	0.5%	$60.81	—	COM	749527107
DBRG	DIGITALBRIDGE GROUP INC	2,400,000	$36,816	0.4%	$12.01	0.0%	CL A NEW	25401T603
AVGO	BROADCOM INC	102,379	$35,433	0.4%	$357.00	0.0%	COM	11135F101
ITRI	ITRON INC	375,219	$34,843	0.4%	$108.94	0.0%	COM	465741106
—	NOVANTA INC	581,067	$31,743	0.4%	$54.63	—	UNIT 11/01/2028	67000B203
CSGS	CSG SYS INTL INC	377,410	$28,944	0.3%	$73.52	0.0%	COM	126349109
IRM	IRON MTN INC DEL	327,700	$27,183	0.3%	—	—	CALL	46284V101
CADE	CADENCE BANK	597,348	$25,590	0.3%	$39.41	0.0%	COM	12740C103
TSLA	TESLA INC	56,661	$25,482	0.3%	$443.29	0.0%	COM	88160R101
—	DYNAVAX TECHNOLOGIES CORP	1,569,507	$24,139	0.3%	$15.38	—	COM NEW	268158201
LLY	ELI LILLY & CO	22,334	$24,002	0.3%	$955.55	0.0%	COM	532457108
CNM	CORE & MAIN INC	434,454	$22,579	0.3%	$51.29	0.0%	CL A	21874C102
SEE	SEALED AIR CORP NEW	520,974	$21,584	0.3%	$38.57	0.0%	COM	81211K100
KVUE	KENVUE INC	1,246,246	$21,498	0.2%	$16.26	0.0%	COM	49177J102
XHB	SPDR SERIES TRUST	202,579	$20,858	0.2%	$102.96	—	STATE STREET SPD	78464A888
ZTS	ZOETIS INC	148,448	$18,678	0.2%	$130.26	0.0%	CL A	98978V103
OWL	BLUE OWL CAPITAL INC	1,186,576	$17,727	0.2%	$15.64	0.0%	COM CL A	09581B103
CFG	CITIZENS FINL GROUP INC	298,507	$17,436	0.2%	$53.58	0.0%	COM	174610105
XLF	SELECT SECTOR SPDR TR	312,270	$17,103	0.2%	$54.77	—	STATE STREET FIN	81369Y605
TXN	TEXAS INSTRS INC	98,191	$17,035	0.2%	$170.73	0.0%	COM	882508104
AIG	AMERICAN INTL GROUP INC	186,001	$15,912	0.2%	$79.68	0.0%	COM NEW	026874784
SEMR	SEMRUSH HLDGS INC	1,285,100	$15,280	0.2%	$9.37	0.0%	CL A COM	81686C104
PONY	PONY AI INC	1,000,000	$14,500	0.2%	$11.59	—	CALL	732908108
—	LUMENTUM HLDGS INC	5,000,000	$14,186	0.2%	$2.84	—	NOTE 0.500% 6/1	55024UAF6
FWONK	LIBERTY MEDIA CORP DEL	140,000	$13,791	0.2%	$98.51	—	COM LBTY ONE S C	531229755
FXI	ISHARES TR	325,000	$12,444	0.1%	$38.29	—	CHINA LG-CAP ETF	464287184
—	ASTRIA THERAPEUTICS INC	873,400	$11,433	0.1%	$13.09	—	COM	04635X102
DIS	DISNEY WALT CO	100,000	$11,377	0.1%	$116.73	-6.2%	CALL	254687106
WOLF	WOLFSPEED INC	591,900	$10,305	0.1%	$25.35	-9.5%	CALL	97785W106
EQR	EQUITY RESIDENTIAL	161,288	$10,168	0.1%	$60.67	0.0%	SH BEN INT	29476L107
WEC	WEC ENERGY GROUP INC	96,245	$10,150	0.1%	$110.27	0.0%	COM	92939U106
—	AMERICAN WTR CAP CORP	10,000,000	$9,966	0.1%	$1.00	—	NOTE 3.625% 6/1	03040WBE4
RIVN	RIVIAN AUTOMOTIVE INC	475,000	$9,362	0.1%	—	—	PUT	76954A103
ALEX	ALEXANDER & BALDWIN INC NEW	440,176	$9,085	0.1%	$20.64	—	COM	014491104
CORZW	CORE SCIENTIFIC INC NEW	1,062,761	$8,991	0.1%	$8.46	—	*W EXP 01/23/202	21874A114
DLR	DIGITAL RLTY TR INC	57,418	$8,883	0.1%	$163.13	0.0%	COM	253868103
FRGE	FORGE GLOBAL HOLDINGS INC	198,530	$8,846	0.1%	$33.80	0.0%	COM SHS	34629L202
PTGX	PROTAGONIST THERAPEUTICS INC	100,000	$8,734	0.1%	$81.85	0.0%	COM	74366E102
BG	BUNGE GLOBAL SA	86,568	$7,711	0.1%	$91.86	0.0%	COM SHS	H11356104
COIN	COINBASE GLOBAL INC	33,984	$7,685	0.1%	$297.98	0.0%	COM CL A	19260Q107
BETA	BETA TECHNOLOGIES INC	268,520	$7,575	0.1%	$29.84	0.0%	COM SHS CL A	086921103
TRIP	TRIPADVISOR INC	520,000	$7,571	0.1%	$15.22	0.0%	COM	896945201
ORA	ORMAT TECHNOLOGIES INC	68,190	$7,533	0.1%	$109.32	0.0%	COM	686688102
PLYM	PLYMOUTH INDL REIT INC	313,225	$6,853	0.1%	$21.88	—	COM	729640102
FUN	SIX FLAGS ENTERTAINMENT CORP	440,000	$6,750	0.1%	$18.08	0.0%	COM	83001C108
Q	QNITY ELECTRONICS INC	80,000	$6,532	0.1%	$84.91	0.0%	COMMON STOCK	74743L100
UDMY	UDEMY INC	1,100,000	$6,435	0.1%	$5.83	0.0%	COM	902685106
BKU	BANKUNITED INC	129,704	$5,781	0.1%	$41.09	0.0%	COM	06652K103
D	DOMINION ENERGY INC	91,323	$5,351	0.1%	$59.76	0.0%	COM	25746U109
NP	NEPTUNE INS HLDGS INC	171,000	$4,986	0.1%	$26.30	0.0%	CL A	64073B103
FLR	FLUOR CORP NEW	122,052	$4,837	0.1%	$44.24	0.0%	COM	343412102
GSAT	GLOBALSTAR INC	78,881	$4,815	0.1%	$55.22	0.0%	COM NEW	378973507
WBD	WARNER BROS DISCOVERY INC	150,000	$4,323	0.1%	$23.37	0.0%	COM SER A	934423104
BL	BLACKLINE INC	75,000	$4,147	0.0%	$55.08	0.0%	COM	09239B109
GEHC	GE HEALTHCARE TECHNOLOGIES I	47,298	$3,879	0.0%	$77.91	0.0%	COMMON STOCK	36266G107
AMD	ADVANCED MICRO DEVICES INC	17,201	$3,684	0.0%	$224.60	0.0%	COM	007903107
ROG	ROGERS CORP	37,197	$3,406	0.0%	$85.87	0.0%	COM	775133101
MTZ	MASTEC INC	14,704	$3,196	0.0%	$209.86	0.0%	COM	576323109
AMTM	AMENTUM HOLDINGS INC	109,303	$3,170	0.0%	$25.56	0.0%	COM	023939101
VKTX	VIKING THERAPEUTICS INC	90,000	$3,166	0.0%	$35.43	0.0%	COM	92686J106
PCH	POTLATCHDELTIC CORPORATION	75,900	$3,019	0.0%	$39.78	—	COM	737630103
AERO	GRUPO AEROMEXICO SAB DE CV	125,000	$2,745	0.0%	$21.96	—	SPONSORED ADS	40054J109
CBC	CENTRAL BANCOMPANY	110,820	$2,673	0.0%	$23.43	0.0%	COM CL A	152413100
WLTH	WEALTHFRONT CORP	182,960	$2,486	0.0%	$13.20	0.0%	COM	947002101
PD	PAGERDUTY INC	184,592	$2,420	0.0%	$14.59	0.0%	COM	69553P100
PZZA	PAPA JOHNS INTL INC	62,731	$2,415	0.0%	$43.32	0.0%	COM	698813102
OKLO	OKLO INC	32,147	$2,307	0.0%	$111.52	0.0%	COM CL A	02156V109
CMCSA	COMCAST CORP NEW	73,440	$2,195	0.0%	$28.53	0.0%	CL A	20030N101
CPNG	COUPANG INC	92,732	$2,188	0.0%	$28.45	0.0%	CL A	22266T109
SMR	NUSCALE PWR CORP	150,211	$2,128	0.0%	$28.60	0.0%	CL A COM	67079K100
WMT	WALMART INC	17,744	$1,977	0.0%	$107.20	0.0%	COM	931142103
ENVX	ENOVIX CORPORATION	250,000	$1,828	0.0%	—	—	CALL	293594107
J	JACOBS SOLUTIONS INC	13,031	$1,726	0.0%	$146.41	0.0%	COM	46982L108
RBRK	RUBRIK INC.	21,971	$1,680	0.0%	$76.71	0.0%	CL A	781154109
ANDG	ANDERSEN GROUP INC	62,600	$1,623	0.0%	$25.14	0.0%	CL A	033853102
LNC	LINCOLN NATL CORP IND	34,015	$1,515	0.0%	$41.17	0.0%	COM	534187109
CCO	CLEAR CHANNEL OUTDOOR HLDGS	680,000	$1,503	0.0%	$1.85	0.0%	COM	18453H106
LULU	LULULEMON ATHLETICA INC	7,225	$1,501	0.0%	$181.15	0.0%	COM	550021109
GO	GROCERY OUTLET HLDG CORP	137,330	$1,387	0.0%	$12.58	0.0%	COM	39874R101
CRL	CHARLES RIV LABS INTL INC	6,778	$1,352	0.0%	$181.39	0.0%	COM	159864107
VOYG	VOYAGER TECHNOLOGIES INC	51,600	$1,349	0.0%	$27.13	0.0%	COM CL A	92892B103
EME	EMCOR GROUP INC	2,021	$1,236	0.0%	$647.50	0.0%	COM	29084Q100
BLLN	BILLIONTOONE INC	14,500	$1,187	0.0%	$101.40	0.0%	CL A	090168105
VSEC	VSE CORP	6,616	$1,143	0.0%	$170.91	0.0%	COM	918284100
LCID	LUCID GROUP INC	96,100	$1,016	0.0%	$15.98	0.0%	COM NEW	549498202
BLDR	BUILDERS FIRSTSOURCE INC	9,828	$1,011	0.0%	$112.38	0.0%	COM	12008R107
ES	EVERSOURCE ENERGY	14,890	$1,003	0.0%	$69.55	0.0%	COM	30040W108
FWONA	LIBERTY MEDIA CORP DEL	10,200	$912	0.0%	$89.38	—	COM LBTY ONE S A	531229771
SHOP	SHOPIFY INC	5,376	$865	0.0%	$160.56	0.0%	CL A SUB VTG SHS	82509L107
WSC	WILLSCOT HLDGS CORP	45,138	$850	0.0%	$20.17	0.0%	COM CL A	971378104
RKT	ROCKET COS INC	43,868	$849	0.0%	$17.88	0.0%	COM CL A	77311W101
RBLX	ROBLOX CORP	10,335	$837	0.0%	$106.17	0.0%	CL A	771049103
QXO	QXO INC	41,095	$793	0.0%	$19.16	0.0%	COM NEW	82846H405
CEPV	CANTOR EQUITY PARTNERS V INC	75,000	$769	0.0%	$10.25	0.0%	SHS CL A S	G1828S109
TWO	TWO HBRS INVT CORP	71,432	$750	0.0%	$10.50	—	COM	90187B804
JPM	JPMORGAN CHASE & CO.	2,165	$698	0.0%	$309.53	0.0%	COM	46625H100
MP	MP MATERIALS CORP	12,368	$625	0.0%	$63.41	0.0%	COM CL A	553368101
CODI	COMPASS DIVERSIFIED	124,827	$599	0.0%	$6.32	0.0%	SH BEN INT	20451Q104
ALAB	ASTERA LABS INC	3,359	$559	0.0%	$167.29	0.0%	COM	04626A103
PCT	PURECYCLE TECHNOLOGIES INC	58,903	$506	0.0%	$10.62	0.0%	COM	74623V103
FRMI	FERMI INC	60,539	$484	0.0%	$19.51	0.0%	COM	314911108
AAOI	APPLIED OPTOELECTRONICS INC	11,576	$404	0.0%	$29.86	0.0%	COM	03823U102
HUN	HUNTSMAN CORP	38,435	$384	0.0%	$9.16	0.0%	COM	447011107
PPTA	PERPETUA RESOURCES CORP	11,406	$276	0.0%	$24.60	0.0%	COM	714266103
ROIV	ROIVANT SCIENCES LTD	9,492	$206	0.0%	$19.73	0.0%	SHS	G76279101
—	PINNACLE FINL PARTNERS INC	2,153	$205	0.0%	$95.41	—	COM	72346Q104
ETHZ	ETHZILLA CORPORATION	35,482	$174	0.0%	$14.11	0.0%	COM SHS	68236V401
NAK	NORTHERN DYNASTY MINERALS LT	64,305	$127	0.0%	$1.93	0.0%	COM NEW	66510M204
CORZ	CORE SCIENTIFIC INC NEW	5,458	$79	0.0%	$17.44	0.0%	COM	21874A106
OPENW	OPENDOOR TECHNOLOGIES INC	33,026	$30	0.0%	$0.90	—	*W EXP 11/20/202	683712129
OPENL	OPENDOOR TECHNOLOGIES INC	200	$0	0.0%	$0.52	—	*W EXP 11/20/202	683712137

Increased Positions (46)

MSFT MICROSOFT CORP 1.5%

Value ($000) $127,212 (+141.4%) Shares 263,041 (+158.5%) Est. Cost $494.03 Unrealized +1.3%

— CONFLUENT INC 1.9%

Value ($000) $160,808 (+79.5%) Shares 164,927,000 (+73.6%) Est. Cost $0.95 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 1.2%

Value ($000) $106,318 (+179.7%) Shares 349,858 (+157.1%) Est. Cost $275.38 Unrealized —

EA ELECTRONIC ARTS INC 1.0%

Value ($000) $87,535 (+294.5%) Shares 428,402 (+289.5%) Est. Cost $192.35 Unrealized +4.9%

AL AIR LEASE CORP 0.8%

Value ($000) $71,250 (+888.2%) Shares 1,109,293 (+879.3%) Est. Cost $63.25 Unrealized +0.7%

AMZN AMAZON COM INC 6.3%

Value ($000) $544,636 (+11.4%) Shares 2,359,572 (+6.0%) Est. Cost $215.13 Unrealized +6.4%

— CYBERARK SOFTWARE LTD 1.0%

Value ($000) $87,469 (+167.4%) Shares 196,092 (+189.6%) Est. Cost $419.97 Unrealized —

— ETSY INC 1.0%

Value ($000) $85,976 (+153.1%) Shares 85,000,000 (+161.5%) Est. Cost $1.02 Unrealized —

ALLY ALLY FINL INC 0.9%

Value ($000) $76,427 (+164.3%) Shares 1,687,493 (+128.8%) Est. Cost $39.18 Unrealized +4.1%

GTLS CHART INDS INC 0.7%

Value ($000) $58,891 (+280.7%) Shares 285,561 (+269.4%) Est. Cost $199.23 Unrealized +1.7%

AMZN AMAZON COM INC 0.8%

Value ($000) $69,246 (+110.2%) Shares 300,000 (+100.0%) Est. Cost $215.13 Unrealized +6.4%

TEAM ATLASSIAN CORPORATION 0.5%

Value ($000) $46,496 (+313.5%) Shares 286,766 (+307.3%) Est. Cost $165.44 Unrealized -5.2%

— SPOTIFY USA INC 2.6%

Value ($000) $221,228 (-12.6%) Shares 194,500,000 (+5.2%) Est. Cost $1.25 Unrealized —

SPY SPDR S&P 500 ETF TR 1.1%

Value ($000) $96,596 (+48.3%) Shares 141,653 (+44.9%) Est. Cost $638.42 Unrealized —

CRM SALESFORCE INC 1.6%

Value ($000) $137,553 (+25.2%) Shares 519,246 (+12.0%) Est. Cost $275.90 Unrealized -10.1%

RDNT RADNET INC 0.5%

Value ($000) $40,994 (+201.4%) Shares 574,555 (+221.9%) Est. Cost $73.39 Unrealized +5.2%

AAPL APPLE INC 1.3%

Value ($000) $113,159 (+27.1%) Shares 416,239 (+19.0%) Est. Cost $231.19 Unrealized +16.1%

NVDA NVIDIA CORPORATION 1.4%

Value ($000) $124,149 (+21.5%) Shares 665,676 (+21.5%) Est. Cost $137.13 Unrealized +35.7%

EXC EXELON CORP 0.3%

Value ($000) $27,148 (+346.8%) Shares 622,806 (+361.3%) Est. Cost $45.01 Unrealized +1.0%

IDA IDACORP INC 0.9%

Value ($000) $74,045 (+38.7%) Shares 585,056 (+44.8%) Est. Cost $120.26 Unrealized +8.2%

CMS CMS ENERGY CORP 0.9%

Value ($000) $77,369 (+36.1%) Shares 1,106,375 (+42.5%) Est. Cost $71.50 Unrealized +1.4%

SRE SEMPRA 0.4%

Value ($000) $35,009 (+104.6%) Shares 396,519 (+108.5%) Est. Cost $85.40 Unrealized +6.0%

BHF BRIGHTHOUSE FINL INC 0.6%

Value ($000) $50,164 (+45.8%) Shares 774,262 (+19.5%) Est. Cost $56.42 Unrealized +4.1%

— DROPBOX INC 1.6%

Value ($000) $137,550 (+12.4%) Shares 138,750,000 (+12.1%) Est. Cost $0.96 Unrealized —

AAMI ACADIAN ASSET MANAGEMENT INC 0.4%

Value ($000) $34,656 (+57.4%) Shares 737,367 (+61.3%) Est. Cost $28.61 Unrealized +61.0%

ULS UL SOLUTIONS INC 0.5%

Value ($000) $45,780 (+34.6%) Shares 580,520 (+21.0%) Est. Cost $50.23 Unrealized +59.8%

ENPH ENPHASE ENERGY INC 0.1%

Value ($000) $12,820 (+262.2%) Shares 400,000 (+300.0%) Est. Cost $33.58 Unrealized -3.5%

ACN ACCENTURE PLC IRELAND 0.4%

Value ($000) $33,607 (+35.9%) Shares 125,259 (+24.9%) Est. Cost $302.17 Unrealized -15.9%

— DIGITALOCEAN HLDGS INC 0.4%

Value ($000) $36,066 (+30.0%) Shares 37,348,000 (+27.3%) Est. Cost $0.89 Unrealized —

TKO TKO GROUP HOLDINGS INC 1.5%

Value ($000) $132,837 (+6.1%) Shares 635,583 (+2.5%) Est. Cost $165.69 Unrealized +16.9%

— MARRIOTT VACATIONS WORLDWIDE 1.0%

Value ($000) $83,404 (+8.9%) Shares 83,609,000 (+7.5%) Est. Cost $0.92 Unrealized —

EVGO EVGO INC 0.2%

Value ($000) $13,095 (-30.8%) Shares 4,500,000 (+12.5%) Est. Cost $3.71 Unrealized -2.1%

UBER UBER TECHNOLOGIES INC 0.4%

Value ($000) $30,406 (+22.6%) Shares 372,119 (+47.0%) Est. Cost $60.70 Unrealized +48.4%

— RAPID7 INC 0.8%

Value ($000) $73,334 (+7.8%) Shares 77,500,000 (+7.3%) Est. Cost $0.89 Unrealized —

CRH CRH PLC 0.3%

Value ($000) $24,960 (+16.3%) Shares 200,000 (+11.8%) Est. Cost $71.20 Unrealized +67.3%

DASH DOORDASH INC 0.4%

Value ($000) $32,118 (+12.1%) Shares 141,816 (+34.6%) Est. Cost $172.31 Unrealized +36.1%

SYF SYNCHRONY FINANCIAL 0.2%

Value ($000) $13,966 (+23.9%) Shares 167,394 (+5.5%) Est. Cost $55.22 Unrealized +38.2%

MIAX MIAMI INTL HLDGS INC 0.1%

Value ($000) $6,859 (+63.4%) Shares 154,560 (+48.2%) Est. Cost $39.19 Unrealized +13.8%

UNH UNITEDHEALTH GROUP INC 0.2%

Value ($000) $18,747 (+14.5%) Shares 56,791 (+19.7%) Est. Cost $474.39 Unrealized -28.9%

DIS DISNEY WALT CO 0.9%

Value ($000) $77,217 (+2.8%) Shares 678,713 (+3.5%) Est. Cost $116.73 Unrealized -6.2%

CRBG COREBRIDGE FINL INC 0.7%

Value ($000) $62,402 (-2.9%) Shares 2,068,339 (+3.1%) Est. Cost $29.58 Unrealized +3.3%

ZBRA ZEBRA TECHNOLOGIES CORPORATI 0.2%

Value ($000) $16,130 (+12.8%) Shares 66,426 (+38.1%) Est. Cost $305.10 Unrealized -12.4%

LION LIONSGATE STUDIOS CORP 0.0%

Value ($000) $3,661 (+76.9%) Shares 400,972 (+33.7%) Est. Cost $6.60 Unrealized +7.7%

— NCL CORP LTD 0.5%

Value ($000) $40,193 (+3.6%) Shares 40,175,000 (+6.6%) Est. Cost $1.03 Unrealized —

ETOR ETORO GROUP LTD 0.1%

Value ($000) $6,050 (-11.3%) Shares 172,220 (+4.2%) Est. Cost $62.63 Unrealized -38.3%

OS ONESTREAM INC 0.1%

Value ($000) $6,065 (+2.0%) Shares 330,000 (+2.3%) Est. Cost $28.29 Unrealized -32.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	263,041 (+158.5%)	$127,212 (+141.4%)	1.5%	$494.03	+1.3%	COM	594918104
—	CONFLUENT INC	164,927,000 (+73.6%)	$160,808 (+79.5%)	1.9%	$0.95	—	NOTE 1/1	20717MAB9
TSM	TAIWAN SEMICONDUCTOR MFG LTD	349,858 (+157.1%)	$106,318 (+179.7%)	1.2%	$275.38	—	SPONSORED ADS	874039100
EA	ELECTRONIC ARTS INC	428,402 (+289.5%)	$87,535 (+294.5%)	1.0%	$192.35	+4.9%	COM	285512109
AL	AIR LEASE CORP	1,109,293 (+879.3%)	$71,250 (+888.2%)	0.8%	$63.25	+0.7%	CL A	00912X302
AMZN	AMAZON COM INC	2,359,572 (+6.0%)	$544,636 (+11.4%)	6.3%	$215.13	+6.4%	COM	023135106
—	CYBERARK SOFTWARE LTD	196,092 (+189.6%)	$87,469 (+167.4%)	1.0%	$419.97	—	SHS	M2682V108
—	ETSY INC	85,000,000 (+161.5%)	$85,976 (+153.1%)	1.0%	$1.02	—	NOTE 0.125%10/0	29786AAJ5
ALLY	ALLY FINL INC	1,687,493 (+128.8%)	$76,427 (+164.3%)	0.9%	$39.18	+4.1%	COM	02005N100
GTLS	CHART INDS INC	285,561 (+269.4%)	$58,891 (+280.7%)	0.7%	$199.23	+1.7%	COM	16115Q308
AMZN	AMAZON COM INC	300,000 (+100.0%)	$69,246 (+110.2%)	0.8%	$215.13	+6.4%	CALL	023135106
TEAM	ATLASSIAN CORPORATION	286,766 (+307.3%)	$46,496 (+313.5%)	0.5%	$165.44	-5.2%	CL A	049468101
—	SPOTIFY USA INC	194,500,000 (+5.2%)	$221,228 (-12.6%)	2.6%	$1.25	—	NOTE 3/1	84921RAB6
SPY	SPDR S&P 500 ETF TR	141,653 (+44.9%)	$96,596 (+48.3%)	1.1%	$638.42	—	TR UNIT	78462F103
CRM	SALESFORCE INC	519,246 (+12.0%)	$137,553 (+25.2%)	1.6%	$275.90	-10.1%	COM	79466L302
RDNT	RADNET INC	574,555 (+221.9%)	$40,994 (+201.4%)	0.5%	$73.39	+5.2%	COM	750491102
AAPL	APPLE INC	416,239 (+19.0%)	$113,159 (+27.1%)	1.3%	$231.19	+16.1%	COM	037833100
NVDA	NVIDIA CORPORATION	665,676 (+21.5%)	$124,149 (+21.5%)	1.4%	$137.13	+35.7%	COM	67066G104
EXC	EXELON CORP	622,806 (+361.3%)	$27,148 (+346.8%)	0.3%	$45.01	+1.0%	COM	30161N101
IDA	IDACORP INC	585,056 (+44.8%)	$74,045 (+38.7%)	0.9%	$120.26	+8.2%	COM	451107106
CMS	CMS ENERGY CORP	1,106,375 (+42.5%)	$77,369 (+36.1%)	0.9%	$71.50	+1.4%	COM	125896100
SRE	SEMPRA	396,519 (+108.5%)	$35,009 (+104.6%)	0.4%	$85.40	+6.0%	COM	816851109
BHF	BRIGHTHOUSE FINL INC	774,262 (+19.5%)	$50,164 (+45.8%)	0.6%	$56.42	+4.1%	COM	10922N103
—	DROPBOX INC	138,750,000 (+12.1%)	$137,550 (+12.4%)	1.6%	$0.96	—	NOTE 3/0	26210CAC8
AAMI	ACADIAN ASSET MANAGEMENT INC	737,367 (+61.3%)	$34,656 (+57.4%)	0.4%	$28.61	+61.0%	COM	10948W103
ULS	UL SOLUTIONS INC	580,520 (+21.0%)	$45,780 (+34.6%)	0.5%	$50.23	+59.8%	CLASS A COM SHS	903731107
ENPH	ENPHASE ENERGY INC	400,000 (+300.0%)	$12,820 (+262.2%)	0.1%	$33.58	-3.5%	COM	29355A107
ACN	ACCENTURE PLC IRELAND	125,259 (+24.9%)	$33,607 (+35.9%)	0.4%	$302.17	-15.9%	SHS CLASS A	G1151C101
—	DIGITALOCEAN HLDGS INC	37,348,000 (+27.3%)	$36,066 (+30.0%)	0.4%	$0.89	—	NOTE 12/0	25402DAB8
TKO	TKO GROUP HOLDINGS INC	635,583 (+2.5%)	$132,837 (+6.1%)	1.5%	$165.69	+16.9%	CL A	87256C101
—	MARRIOTT VACATIONS WORLDWIDE	83,609,000 (+7.5%)	$83,404 (+8.9%)	1.0%	$0.92	—	NOTE 1/1	57164YAD9
EVGO	EVGO INC	4,500,000 (+12.5%)	$13,095 (-30.8%)	0.2%	$3.71	-2.1%	CL A COM	30052F100
UBER	UBER TECHNOLOGIES INC	372,119 (+47.0%)	$30,406 (+22.6%)	0.4%	$60.70	+48.4%	COM	90353T100
—	RAPID7 INC	77,500,000 (+7.3%)	$73,334 (+7.8%)	0.8%	$0.89	—	NOTE 0.250% 3/1	753422AF1
CRH	CRH PLC	200,000 (+11.8%)	$24,960 (+16.3%)	0.3%	$71.20	+67.3%	ORD	G25508105
DASH	DOORDASH INC	141,816 (+34.6%)	$32,118 (+12.1%)	0.4%	$172.31	+36.1%	CL A	25809K105
SYF	SYNCHRONY FINANCIAL	167,394 (+5.5%)	$13,966 (+23.9%)	0.2%	$55.22	+38.2%	COM	87165B103
MIAX	MIAMI INTL HLDGS INC	154,560 (+48.2%)	$6,859 (+63.4%)	0.1%	$39.19	+13.8%	COM	59356Q108
UNH	UNITEDHEALTH GROUP INC	56,791 (+19.7%)	$18,747 (+14.5%)	0.2%	$474.39	-28.9%	COM	91324P102
DIS	DISNEY WALT CO	678,713 (+3.5%)	$77,217 (+2.8%)	0.9%	$116.73	-6.2%	COM	254687106
CRBG	COREBRIDGE FINL INC	2,068,339 (+3.1%)	$62,402 (-2.9%)	0.7%	$29.58	+3.3%	COM	21871X109
ZBRA	ZEBRA TECHNOLOGIES CORPORATI	66,426 (+38.1%)	$16,130 (+12.8%)	0.2%	$305.10	-12.4%	CL A	989207105
LION	LIONSGATE STUDIOS CORP	400,972 (+33.7%)	$3,661 (+76.9%)	0.0%	$6.60	+7.7%	COM	53626N102
—	NCL CORP LTD	40,175,000 (+6.6%)	$40,193 (+3.6%)	0.5%	$1.03	—	NOTE 1.125% 2/1	62886HBD2
ETOR	ETORO GROUP LTD	172,220 (+4.2%)	$6,050 (-11.3%)	0.1%	$62.63	-38.3%	SHS CL A	G32089107
OS	ONESTREAM INC	330,000 (+2.3%)	$6,065 (+2.0%)	0.1%	$28.29	-32.6%	CL A	68278B107

Exited Positions (74)

— FORD MTR CO 1.6%

Value ($000) $137,715 Shares 135,788,000 Est. Cost $1.01 Unrealized —

FXI ISHARES TR 1.5%

Value ($000) $132,677 Shares 3,225,000 Est. Cost $38.29 Unrealized —

KWEB KRANESHARES TRUST 1.2%

Value ($000) $100,824 Shares 2,400,000 Est. Cost — Unrealized —

— SOUTHERN CO 1.1%

Value ($000) $94,022 Shares 84,500,000 Est. Cost $1.10 Unrealized —

TLT ISHARES TR 1.0%

Value ($000) $89,370 Shares 1,000,000 Est. Cost — Unrealized —

ARMK ARAMARK 1.0%

Value ($000) $87,179 Shares 2,270,287 Est. Cost $37.84 Unrealized +0.2%

IEF ISHARES TR 0.5%

Value ($000) $45,587 Shares 472,599 Est. Cost $95.77 Unrealized —

— INTERPUBLIC GROUP COS INC 0.5%

Value ($000) $40,500 Shares 1,451,103 Est. Cost $24.73 Unrealized +5.0%

— MERUS N V 0.4%

Value ($000) $38,131 Shares 405,000 Est. Cost $94.15 Unrealized —

— CLOUDFLARE INC 0.4%

Value ($000) $31,101 Shares 25,000,000 Est. Cost $1.19 Unrealized —

— MR COOPER GROUP INC 0.4%

Value ($000) $30,871 Shares 146,456 Est. Cost $202.41 Unrealized —

— VERONA PHARMA PLC 0.4%

Value ($000) $30,432 Shares 285,185 Est. Cost $106.71 Unrealized —

— SAPIENS INTL CORP N V 0.3%

Value ($000) $25,942 Shares 603,291 Est. Cost $43.00 Unrealized —

— SUNRUN INC 0.3%

Value ($000) $24,385 Shares 18,080,000 Est. Cost $0.71 Unrealized —

KKR KKR & CO INC 0.3%

Value ($000) $24,250 Shares 186,607 Est. Cost $125.38 Unrealized -0.9%

— VIMEO INC 0.3%

Value ($000) $22,121 Shares 2,854,340 Est. Cost $7.75 Unrealized —

FSLR FIRST SOLAR INC 0.3%

Value ($000) $22,053 Shares 100,000 Est. Cost $186.42 Unrealized +35.3%

— AKAMAI TECHNOLOGIES INC 0.3%

Value ($000) $22,043 Shares 23,000,000 Est. Cost $0.96 Unrealized —

— STEELCASE INC 0.3%

Value ($000) $21,782 Shares 1,266,380 Est. Cost $17.20 Unrealized —

— INTEGRAL AD SCIENCE HLDNG CO 0.2%

Value ($000) $20,238 Shares 1,990,000 Est. Cost $10.17 Unrealized —

— JBT MAREL CORPORATION 0.2%

Value ($000) $20,231 Shares 20,000,000 Est. Cost $1.01 Unrealized —

CTRE CARETRUST REIT INC 0.2%

Value ($000) $18,230 Shares 525,656 Est. Cost $34.68 Unrealized —

KEY KEYCORP 0.2%

Value ($000) $16,449 Shares 880,100 Est. Cost $13.46 Unrealized +37.3%

TPG TPG INC 0.2%

Value ($000) $15,883 Shares 276,460 Est. Cost $47.97 Unrealized +23.1%

AS AMER SPORTS INC 0.2%

Value ($000) $15,868 Shares 456,620 Est. Cost $23.09 Unrealized +48.6%

SRAD SPORTRADAR GROUP AG 0.2%

Value ($000) $15,753 Shares 585,620 Est. Cost $28.08 Unrealized —

ALL ALLSTATE CORP 0.2%

Value ($000) $15,041 Shares 70,070 Est. Cost $142.19 Unrealized +43.5%

BKNG BOOKING HOLDINGS INC 0.2%

Value ($000) $13,498 Shares 2,500 Est. Cost $3393.10 Unrealized +51.4%

WAY WAYSTAR HLDG CORP 0.1%

Value ($000) $12,800 Shares 337,554 Est. Cost $32.89 Unrealized +8.3%

SMH VANECK ETF TRUST 0.1%

Value ($000) $12,239 Shares 37,500 Est. Cost $326.36 Unrealized —

FSLR FIRST SOLAR INC 0.1%

Value ($000) $11,857 Shares 53,768 Est. Cost $186.42 Unrealized +35.3%

AMAT APPLIED MATLS INC 0.1%

Value ($000) $11,356 Shares 55,464 Est. Cost $162.91 Unrealized +47.0%

— PERFORMANT HEALTHCARE INC 0.1%

Value ($000) $10,703 Shares 1,384,600 Est. Cost $7.73 Unrealized —

ADT ADT INC DEL 0.1%

Value ($000) $10,646 Shares 1,222,222 Est. Cost $7.44 Unrealized +11.1%

NIQ NIQ GLOBAL INTELLIGENCE PLC 0.1%

Value ($000) $10,240 Shares 652,260 Est. Cost $17.40 Unrealized -15.9%

WBD WARNER BROS DISCOVERY INC 0.1%

Value ($000) $9,765 Shares 500,000 Est. Cost $23.37 Unrealized 0.0%

SFD SMITHFIELD FOODS INC 0.1%

Value ($000) $8,663 Shares 368,940 Est. Cost $24.05 Unrealized -9.0%

— HANESBRANDS INC 0.1%

Value ($000) $7,744 Shares 1,175,096 Est. Cost $6.59 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.1%

Value ($000) $7,614 Shares 9,561 Est. Cost $555.71 Unrealized +46.4%

WOLF WOLFSPEED INC 0.1%

Value ($000) $7,101 Shares 5,869,000 Est. Cost $25.35 Unrealized -9.5%

FCNCA FIRST CTZNS BANCSHARES INC D 0.1%

Value ($000) $6,663 Shares 3,724 Est. Cost $1534.00 Unrealized +22.8%

LAZ LAZARD INC 0.1%

Value ($000) $6,584 Shares 124,750 Est. Cost $44.11 Unrealized +13.1%

FIG FIGMA INC 0.1%

Value ($000) $6,362 Shares 122,650 Est. Cost $68.66 Unrealized -34.2%

SFNC SIMMONS 1ST NATL CORP 0.1%

Value ($000) $6,222 Shares 324,550 Est. Cost $19.96 Unrealized -7.2%

KLAR KLARNA GROUP PLC 0.1%

Value ($000) $5,706 Shares 155,678 Est. Cost $42.59 Unrealized -19.4%

INTU INTUIT 0.1%

Value ($000) $5,594 Shares 8,191 Est. Cost $719.44 Unrealized -8.2%

SHLS SHOALS TECHNOLOGIES GROUP IN 0.1%

Value ($000) $5,558 Shares 750,000 Est. Cost $4.68 Unrealized +91.9%

— WISDOMTREE INC 0.1%

Value ($000) $5,148 Shares 4,000,000 Est. Cost $1.29 Unrealized —

CUBI CUSTOMERS BANCORP INC 0.1%

Value ($000) $5,135 Shares 78,560 Est. Cost $65.77 Unrealized +4.3%

NTSK NETSKOPE INC 0.1%

Value ($000) $4,892 Shares 215,222 Est. Cost $23.79 Unrealized -12.3%

CAMT CAMTEK LTD 0.1%

Value ($000) $4,685 Shares 44,600 Est. Cost $89.58 Unrealized +25.4%

HNGE HINGE HEALTH INC 0.0%

Value ($000) $3,856 Shares 78,560 Est. Cost $40.96 Unrealized +17.6%

AIRO AIRO GROUP HLDGS INC 0.0%

Value ($000) $3,807 Shares 198,274 Est. Cost $21.92 Unrealized -41.2%

ARX ACCELERANT HOLDINGS 0.0%

Value ($000) $3,350 Shares 225,000 Est. Cost $23.42 Unrealized -39.9%

HG HAMILTON INSURANCE GROUP LTD 0.0%

Value ($000) $2,976 Shares 120,000 Est. Cost $15.94 Unrealized +62.9%

CIFR CIPHER MINING INC 0.0%

Value ($000) $2,614 Shares 207,635 Est. Cost $4.02 Unrealized +339.1%

MNTN MNTN INC 0.0%

Value ($000) $2,385 Shares 128,560 Est. Cost $22.94 Unrealized -37.2%

LQD ISHARES TR 0.0%

Value ($000) $2,229 Shares 20,000 Est. Cost $106.84 Unrealized —

HTFL HEARTFLOW INC 0.0%

Value ($000) $2,218 Shares 65,896 Est. Cost $32.24 Unrealized -0.1%

— ANYWHERE REAL ESTATE INC 0.0%

Value ($000) $2,114 Shares 199,612 Est. Cost $10.59 Unrealized —

ALNY ALNYLAM PHARMACEUTICALS INC 0.0%

Value ($000) $1,959 Shares 4,295 Est. Cost $407.20 Unrealized +8.7%

OSCR OSCAR HEALTH INC 0.0%

Value ($000) $1,743 Shares 92,100 Est. Cost $16.48 Unrealized +5.0%

CAI CARIS LIFE SCIENCES INC 0.0%

Value ($000) $1,683 Shares 55,650 Est. Cost $27.45 Unrealized +2.6%

MH MCGRAW HILL INC 0.0%

Value ($000) $1,569 Shares 125,000 Est. Cost $14.51 Unrealized +0.0%

WOLF WOLFSPEED INC 0.0%

Value ($000) $1,401 Shares 48,998 Est. Cost $25.35 Unrealized -9.5%

HGTY HAGERTY INC 0.0%

Value ($000) $1,235 Shares 102,611 Est. Cost $11.08 Unrealized +12.7%

TGT TARGET CORP 0.0%

Value ($000) $1,052 Shares 11,732 Est. Cost $96.73 Unrealized -5.3%

CHYM CHIME FINL INC 0.0%

Value ($000) $959 Shares 47,562 Est. Cost $32.23 Unrealized -34.1%

MMYT MAKEMYTRIP LIMITED MAURITIUS 0.0%

Value ($000) $899 Shares 9,600 Est. Cost $97.21 Unrealized -15.6%

BRO BROWN & BROWN INC 0.0%

Value ($000) $797 Shares 8,500 Est. Cost $111.89 Unrealized -25.5%

PTRN PATTERN GROUP INC 0.0%

Value ($000) $685 Shares 50,000 Est. Cost $13.94 Unrealized +4.5%

— POTBELLY CORP 0.0%

Value ($000) $399 Shares 23,400 Est. Cost $17.04 Unrealized —

JCI JOHNSON CTLS INTL PLC 0.0%

Value ($000) $276 Shares 2,507 Est. Cost $91.75 Unrealized +25.1%

COMP COMPASS INC 0.0%

Value ($000) $174 Shares 21,669 Est. Cost $8.10 Unrealized +12.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	FORD MTR CO	135,788,000	$137,715	1.6%	$1.01	—	—	345370CZ1
FXI	ISHARES TR	3,225,000	$132,677	1.5%	$38.29	—	CALL	464287184
KWEB	KRANESHARES TRUST	2,400,000	$100,824	1.2%	—	—	CALL	500767306
—	SOUTHERN CO	84,500,000	$94,022	1.1%	$1.10	—	—	842587DZ7
TLT	ISHARES TR	1,000,000	$89,370	1.0%	—	—	CALL	464287432
ARMK	ARAMARK	2,270,287	$87,179	1.0%	$37.84	+0.2%	—	03852U106
IEF	ISHARES TR	472,599	$45,587	0.5%	$95.77	—	—	464287440
—	INTERPUBLIC GROUP COS INC	1,451,103	$40,500	0.5%	$24.73	+5.0%	—	460690100
—	MERUS N V	405,000	$38,131	0.4%	$94.15	—	—	N5749R100
—	CLOUDFLARE INC	25,000,000	$31,101	0.4%	$1.19	—	—	18915MAC1
—	MR COOPER GROUP INC	146,456	$30,871	0.4%	$202.41	—	—	62482R107
—	VERONA PHARMA PLC	285,185	$30,432	0.4%	$106.71	—	—	925050106
—	SAPIENS INTL CORP N V	603,291	$25,942	0.3%	$43.00	—	—	G7T16G103
—	SUNRUN INC	18,080,000	$24,385	0.3%	$0.71	—	—	86771WAD7
KKR	KKR & CO INC	186,607	$24,250	0.3%	$125.38	-0.9%	—	48251W104
—	VIMEO INC	2,854,340	$22,121	0.3%	$7.75	—	—	92719V100
FSLR	FIRST SOLAR INC	100,000	$22,053	0.3%	$186.42	+35.3%	CALL	336433107
—	AKAMAI TECHNOLOGIES INC	23,000,000	$22,043	0.3%	$0.96	—	—	00971TAL5
—	STEELCASE INC	1,266,380	$21,782	0.3%	$17.20	—	—	858155203
—	INTEGRAL AD SCIENCE HLDNG CO	1,990,000	$20,238	0.2%	$10.17	—	—	45828L108
—	JBT MAREL CORPORATION	20,000,000	$20,231	0.2%	$1.01	—	—	477839AB0
CTRE	CARETRUST REIT INC	525,656	$18,230	0.2%	$34.68	—	—	14174T107
KEY	KEYCORP	880,100	$16,449	0.2%	$13.46	+37.3%	—	493267108
TPG	TPG INC	276,460	$15,883	0.2%	$47.97	+23.1%	—	872657101
AS	AMER SPORTS INC	456,620	$15,868	0.2%	$23.09	+48.6%	—	G0260P102
SRAD	SPORTRADAR GROUP AG	585,620	$15,753	0.2%	$28.08	—	—	H8088L103
ALL	ALLSTATE CORP	70,070	$15,041	0.2%	$142.19	+43.5%	—	020002101
BKNG	BOOKING HOLDINGS INC	2,500	$13,498	0.2%	$3393.10	+51.4%	—	09857L108
WAY	WAYSTAR HLDG CORP	337,554	$12,800	0.1%	$32.89	+8.3%	—	946784105
SMH	VANECK ETF TRUST	37,500	$12,239	0.1%	$326.36	—	—	92189F676
FSLR	FIRST SOLAR INC	53,768	$11,857	0.1%	$186.42	+35.3%	—	336433107
AMAT	APPLIED MATLS INC	55,464	$11,356	0.1%	$162.91	+47.0%	—	038222105
—	PERFORMANT HEALTHCARE INC	1,384,600	$10,703	0.1%	$7.73	—	—	71377E105
ADT	ADT INC DEL	1,222,222	$10,646	0.1%	$7.44	+11.1%	—	00090Q103
NIQ	NIQ GLOBAL INTELLIGENCE PLC	652,260	$10,240	0.1%	$17.40	-15.9%	—	G63755105
WBD	WARNER BROS DISCOVERY INC	500,000	$9,765	0.1%	$23.37	0.0%	CALL	934423104
SFD	SMITHFIELD FOODS INC	368,940	$8,663	0.1%	$24.05	-9.0%	—	832248207
—	HANESBRANDS INC	1,175,096	$7,744	0.1%	$6.59	—	—	410345102
GS	GOLDMAN SACHS GROUP INC	9,561	$7,614	0.1%	$555.71	+46.4%	—	38141G104
WOLF	WOLFSPEED INC	5,869,000	$7,101	0.1%	$25.35	-9.5%	PUT	97785W106
FCNCA	FIRST CTZNS BANCSHARES INC D	3,724	$6,663	0.1%	$1534.00	+22.8%	—	31946M103
LAZ	LAZARD INC	124,750	$6,584	0.1%	$44.11	+13.1%	—	52110M109
FIG	FIGMA INC	122,650	$6,362	0.1%	$68.66	-34.2%	—	316841105
SFNC	SIMMONS 1ST NATL CORP	324,550	$6,222	0.1%	$19.96	-7.2%	—	828730200
KLAR	KLARNA GROUP PLC	155,678	$5,706	0.1%	$42.59	-19.4%	—	G5279N105
INTU	INTUIT	8,191	$5,594	0.1%	$719.44	-8.2%	—	461202103
SHLS	SHOALS TECHNOLOGIES GROUP IN	750,000	$5,558	0.1%	$4.68	+91.9%	—	82489W107
—	WISDOMTREE INC	4,000,000	$5,148	0.1%	$1.29	—	—	97717PAD6
CUBI	CUSTOMERS BANCORP INC	78,560	$5,135	0.1%	$65.77	+4.3%	—	23204G100
NTSK	NETSKOPE INC	215,222	$4,892	0.1%	$23.79	-12.3%	—	64119N608
CAMT	CAMTEK LTD	44,600	$4,685	0.1%	$89.58	+25.4%	—	M20791105
HNGE	HINGE HEALTH INC	78,560	$3,856	0.0%	$40.96	+17.6%	—	433313103
AIRO	AIRO GROUP HLDGS INC	198,274	$3,807	0.0%	$21.92	-41.2%	—	009422106
ARX	ACCELERANT HOLDINGS	225,000	$3,350	0.0%	$23.42	-39.9%	—	G00894108
HG	HAMILTON INSURANCE GROUP LTD	120,000	$2,976	0.0%	$15.94	+62.9%	—	G42706104
CIFR	CIPHER MINING INC	207,635	$2,614	0.0%	$4.02	+339.1%	—	17253J106
MNTN	MNTN INC	128,560	$2,385	0.0%	$22.94	-37.2%	—	55318A108
LQD	ISHARES TR	20,000	$2,229	0.0%	$106.84	—	—	464287242
HTFL	HEARTFLOW INC	65,896	$2,218	0.0%	$32.24	-0.1%	—	42238D107
—	ANYWHERE REAL ESTATE INC	199,612	$2,114	0.0%	$10.59	—	—	75605Y106
ALNY	ALNYLAM PHARMACEUTICALS INC	4,295	$1,959	0.0%	$407.20	+8.7%	—	02043Q107
OSCR	OSCAR HEALTH INC	92,100	$1,743	0.0%	$16.48	+5.0%	—	687793109
CAI	CARIS LIFE SCIENCES INC	55,650	$1,683	0.0%	$27.45	+2.6%	—	142152107
MH	MCGRAW HILL INC	125,000	$1,569	0.0%	$14.51	+0.0%	—	580907103
WOLF	WOLFSPEED INC	48,998	$1,401	0.0%	$25.35	-9.5%	—	97785W106
HGTY	HAGERTY INC	102,611	$1,235	0.0%	$11.08	+12.7%	—	405166109
TGT	TARGET CORP	11,732	$1,052	0.0%	$96.73	-5.3%	—	87612E106
CHYM	CHIME FINL INC	47,562	$959	0.0%	$32.23	-34.1%	—	16935C109
MMYT	MAKEMYTRIP LIMITED MAURITIUS	9,600	$899	0.0%	$97.21	-15.6%	—	V5633W109
BRO	BROWN & BROWN INC	8,500	$797	0.0%	$111.89	-25.5%	—	115236101
PTRN	PATTERN GROUP INC	50,000	$685	0.0%	$13.94	+4.5%	—	70339W104
—	POTBELLY CORP	23,400	$399	0.0%	$17.04	—	—	73754Y100
JCI	JOHNSON CTLS INTL PLC	2,507	$276	0.0%	$91.75	+25.1%	—	G51502105
COMP	COMPASS INC	21,669	$174	0.0%	$8.10	+12.6%	—	20464U100

Decreased Positions (46)

SW SMURFIT WESTROCK PLC 1.1%

Value ($000) $92,891 (-71.8%) Shares 2,402,148 (-69.0%) Est. Cost $43.85 Unrealized -13.1%

RSP INVESCO EXCHANGE TRADED FD T 0.2%

Value ($000) $19,935 (-87.3%) Shares 104,067 (-87.5%) Est. Cost $189.70 Unrealized —

— CENTERPOINT ENERGY INC 0.1%

Value ($000) $5,475 (-95.1%) Shares 5,000,000 (-95.0%) Est. Cost $1.08 Unrealized —

FLUT FLUTTER ENTMT PLC 0.2%

Value ($000) $19,996 (-83.9%) Shares 92,988 (-81.0%) Est. Cost $245.81 Unrealized -8.5%

IBKR INTERACTIVE BROKERS GROUP IN 0.6%

Value ($000) $49,614 (-54.5%) Shares 771,480 (-51.3%) Est. Cost $45.25 Unrealized +47.8%

GOOGL ALPHABET INC 2.3%

Value ($000) $200,028 (+25.0%) Shares 639,067 (-2.9%) Est. Cost $206.74 Unrealized +38.1%

— GLOBAL PMTS INC 2.0%

Value ($000) $175,686 (-18.1%) Shares 195,500,000 (-16.5%) Est. Cost $0.90 Unrealized —

SNOW SNOWFLAKE INC 0.2%

Value ($000) $19,796 (-66.0%) Shares 90,245 (-65.0%) Est. Cost $166.30 Unrealized +46.8%

SGI SOMNIGROUP INTERNATIONAL INC 0.2%

Value ($000) $19,642 (-62.8%) Shares 220,000 (-64.8%) Est. Cost $61.85 Unrealized +41.2%

CVLT COMMVAULT SYS INC 0.1%

Value ($000) $8,775 (-78.6%) Shares 70,000 (-67.8%) Est. Cost $176.32 Unrealized -20.2%

RUN SUNRUN INC 0.5%

Value ($000) $41,023 (-43.8%) Shares 2,229,518 (-47.2%) Est. Cost $13.39 Unrealized +43.2%

PONY PONY AI INC 0.2%

Value ($000) $17,860 (-61.8%) Shares 1,231,714 (-40.8%) Est. Cost $11.59 Unrealized —

— RIVIAN AUTOMOTIVE INC 2.1%

Value ($000) $180,330 (+17.0%) Shares 143,436,000 (-3.4%) Est. Cost $0.83 Unrealized —

KRMN KARMAN HLDGS INC 0.0%

Value ($000) $698 (-97.3%) Shares 9,543 (-97.4%) Est. Cost $32.71 Unrealized +121.3%

SPY SPDR S&P 500 ETF TR 1.2%

Value ($000) $102,288 (-18.8%) Shares 150,000 (-20.6%) Est. Cost $638.42 Unrealized —

— JD.COM INC 0.5%

Value ($000) $41,074 (-36.3%) Shares 41,000,000 (-31.7%) Est. Cost $1.06 Unrealized —

CRCL CIRCLE INTERNET GROUP INC 0.0%

Value ($000) $4,100 (-84.7%) Shares 51,707 (-74.5%) Est. Cost $162.91 Unrealized -36.6%

BGC BGC GROUP INC 0.2%

Value ($000) $18,849 (-54.7%) Shares 2,110,763 (-52.0%) Est. Cost $7.43 Unrealized +21.0%

— PG&E CORP 1.6%

Value ($000) $137,495 (-13.6%) Shares 133,500,000 (-15.0%) Est. Cost $1.02 Unrealized —

SAIL SAILPOINT INC 0.1%

Value ($000) $8,598 (-70.0%) Shares 425,000 (-67.2%) Est. Cost $21.11 Unrealized -1.2%

— LUMENTUM HLDGS INC 0.4%

Value ($000) $38,054 (+100.7%) Shares 10,250,000 (-8.9%) Est. Cost $0.96 Unrealized —

ETR ENTERGY CORP NEW 0.2%

Value ($000) $14,401 (-54.2%) Shares 155,799 (-53.8%) Est. Cost $80.44 Unrealized +17.5%

DD DUPONT DE NEMOURS INC 0.2%

Value ($000) $14,794 (-52.5%) Shares 368,000 (-8.0%) Est. Cost $31.14 Unrealized +20.0%

— ALLIANT ENERGY CORP 0.4%

Value ($000) $36,438 (-28.8%) Shares 35,000,000 (-26.3%) Est. Cost $1.06 Unrealized —

AMRZ AMRIZE LTD 0.2%

Value ($000) $14,421 (-50.5%) Shares 266,667 (-55.6%) Est. Cost $50.64 Unrealized +0.8%

CFLT CONFLUENT INC 0.3%

Value ($000) $24,612 (-33.3%) Shares 813,900 (-56.3%) Est. Cost $24.55 Unrealized 0.0%

GFL GFL ENVIRONMENTAL INC 0.4%

Value ($000) $31,466 (-24.1%) Shares 732,620 (-16.3%) Est. Cost $39.06 Unrealized +14.4%

DDOG DATADOG INC 0.6%

Value ($000) $51,692 (-15.3%) Shares 380,115 (-11.3%) Est. Cost $118.19 Unrealized +33.7%

BLSH BULLISH 0.0%

Value ($000) $4,098 (-68.6%) Shares 108,200 (-47.3%) Est. Cost $61.33 Unrealized -20.6%

TGNA TEGNA INC 0.0%

Value ($000) $712 (-92.6%) Shares 36,673 (-92.3%) Est. Cost $19.06 Unrealized +3.7%

— INDIVIOR PLC 0.5%

Value ($000) $41,422 (+26.9%) Shares 1,154,452 (-14.7%) Est. Cost $24.11 Unrealized —

STUB STUBHUB HLDGS INC 0.1%

Value ($000) $6,584 (-55.3%) Shares 486,599 (-44.4%) Est. Cost $18.34 Unrealized -14.3%

ADI ANALOG DEVICES INC 0.1%

Value ($000) $5,804 (-58.1%) Shares 21,400 (-62.1%) Est. Cost $217.62 Unrealized +15.2%

HON HONEYWELL INTL INC 0.2%

Value ($000) $13,862 (-34.1%) Shares 71,055 (-28.9%) Est. Cost $207.11 Unrealized -5.8%

SARO STANDARDAERO INC 0.1%

Value ($000) $12,178 (-35.0%) Shares 424,600 (-38.1%) Est. Cost $27.70 Unrealized -1.7%

FIGR FIGURE TECHNOLOGY SOLUTIO 1.0%

Value ($000) $85,670 (+5.5%) Shares 2,097,698 (-6.1%) Est. Cost $38.84 Unrealized +3.0%

SMH VANECK ETF TRUST 1.2%

Value ($000) $104,438 (+3.2%) Shares 290,000 (-6.5%) Est. Cost $326.36 Unrealized —

HUM HUMANA INC 0.1%

Value ($000) $12,942 (-17.0%) Shares 50,530 (-15.7%) Est. Cost $261.21 Unrealized +0.0%

RUN SUNRUN INC 0.4%

Value ($000) $36,800 (-5.4%) Shares 2,000,000 (-11.1%) Est. Cost $13.39 Unrealized +43.2%

BRCB BLACK ROCK COFFEE BAR INC 0.1%

Value ($000) $7,526 (-18.3%) Shares 338,250 (-12.4%) Est. Cost $26.13 Unrealized -11.3%

LGN LEGENCE CORP 0.1%

Value ($000) $5,533 (+34.4%) Shares 128,560 (-3.8%) Est. Cost $31.48 Unrealized +25.6%

U UNITY SOFTWARE INC 0.0%

Value ($000) $657 (-67.2%) Shares 14,882 (-70.2%) Est. Cost $37.08 Unrealized +9.9%

VVX V2X INC 0.1%

Value ($000) $5,062 (-18.5%) Shares 92,800 (-13.2%) Est. Cost $53.46 Unrealized +5.2%

MDB MONGODB INC 0.1%

Value ($000) $11,908 (+8.0%) Shares 28,373 (-20.1%) Est. Cost $257.06 Unrealized +41.5%

SPSB SPDR SERIES TRUST 0.0%

Value ($000) $914 (-5.5%) Shares 30,268 (-5.2%) Est. Cost $30.71 Unrealized —

FICO FAIR ISAAC CORP 0.0%

Value ($000) $225 (-10.0%) Shares 133 (-20.4%) Est. Cost $1877.74 Unrealized -8.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SW	SMURFIT WESTROCK PLC	2,402,148 (-69.0%)	$92,891 (-71.8%)	1.1%	$43.85	-13.1%	SHS	G8267P108
RSP	INVESCO EXCHANGE TRADED FD T	104,067 (-87.5%)	$19,935 (-87.3%)	0.2%	$189.70	—	S&P500 EQL WGT	46137V357
—	CENTERPOINT ENERGY INC	5,000,000 (-95.0%)	$5,475 (-95.1%)	0.1%	$1.08	—	NOTE 4.250% 8/1	15189TBD8
FLUT	FLUTTER ENTMT PLC	92,988 (-81.0%)	$19,996 (-83.9%)	0.2%	$245.81	-8.5%	SHS	G3643J108
IBKR	INTERACTIVE BROKERS GROUP IN	771,480 (-51.3%)	$49,614 (-54.5%)	0.6%	$45.25	+47.8%	COM CL A	45841N107
GOOGL	ALPHABET INC	639,067 (-2.9%)	$200,028 (+25.0%)	2.3%	$206.74	+38.1%	CAP STK CL A	02079K305
—	GLOBAL PMTS INC	195,500,000 (-16.5%)	$175,686 (-18.1%)	2.0%	$0.90	—	NOTE 1.500% 3/0	37940XAU6
SNOW	SNOWFLAKE INC	90,245 (-65.0%)	$19,796 (-66.0%)	0.2%	$166.30	+46.8%	COM SHS	833445109
SGI	SOMNIGROUP INTERNATIONAL INC	220,000 (-64.8%)	$19,642 (-62.8%)	0.2%	$61.85	+41.2%	COM	88023U101
CVLT	COMMVAULT SYS INC	70,000 (-67.8%)	$8,775 (-78.6%)	0.1%	$176.32	-20.2%	COM	204166102
RUN	SUNRUN INC	2,229,518 (-47.2%)	$41,023 (-43.8%)	0.5%	$13.39	+43.2%	COM	86771W105
PONY	PONY AI INC	1,231,714 (-40.8%)	$17,860 (-61.8%)	0.2%	$11.59	—	SPONSORED ADS	732908108
—	RIVIAN AUTOMOTIVE INC	143,436,000 (-3.4%)	$180,330 (+17.0%)	2.1%	$0.83	—	NOTE 4.625% 3/1	76954AAB9
KRMN	KARMAN HLDGS INC	9,543 (-97.4%)	$698 (-97.3%)	0.0%	$32.71	+121.3%	COMMON STOCK	485924104
SPY	SPDR S&P 500 ETF TR	150,000 (-20.6%)	$102,288 (-18.8%)	1.2%	$638.42	—	PUT	78462F103
—	JD.COM INC	41,000,000 (-31.7%)	$41,074 (-36.3%)	0.5%	$1.06	—	NOTE 0.250% 6/0	47215PAJ5
CRCL	CIRCLE INTERNET GROUP INC	51,707 (-74.5%)	$4,100 (-84.7%)	0.0%	$162.91	-36.6%	COM CL A	172573107
BGC	BGC GROUP INC	2,110,763 (-52.0%)	$18,849 (-54.7%)	0.2%	$7.43	+21.0%	CL A	088929104
—	PG&E CORP	133,500,000 (-15.0%)	$137,495 (-13.6%)	1.6%	$1.02	—	NOTE 4.250%12/0	69331CAL2
SAIL	SAILPOINT INC	425,000 (-67.2%)	$8,598 (-70.0%)	0.1%	$21.11	-1.2%	COM	78781J109
—	LUMENTUM HLDGS INC	10,250,000 (-8.9%)	$38,054 (+100.7%)	0.4%	$0.96	—	NOTE 0.500%12/1	55024UAD1
ETR	ENTERGY CORP NEW	155,799 (-53.8%)	$14,401 (-54.2%)	0.2%	$80.44	+17.5%	COM	29364G103
DD	DUPONT DE NEMOURS INC	368,000 (-8.0%)	$14,794 (-52.5%)	0.2%	$31.14	+20.0%	COM	26614N102
—	ALLIANT ENERGY CORP	35,000,000 (-26.3%)	$36,438 (-28.8%)	0.4%	$1.06	—	NOTE 3.875% 3/1	018802AC2
AMRZ	AMRIZE LTD	266,667 (-55.6%)	$14,421 (-50.5%)	0.2%	$50.64	+0.8%	SHS	H2927K103
CFLT	CONFLUENT INC	813,900 (-56.3%)	$24,612 (-33.3%)	0.3%	$24.55	0.0%	CALL	20717M103
GFL	GFL ENVIRONMENTAL INC	732,620 (-16.3%)	$31,466 (-24.1%)	0.4%	$39.06	+14.4%	SUB VTG SHS	36168Q104
DDOG	DATADOG INC	380,115 (-11.3%)	$51,692 (-15.3%)	0.6%	$118.19	+33.7%	CL A COM	23804L103
BLSH	BULLISH	108,200 (-47.3%)	$4,098 (-68.6%)	0.0%	$61.33	-20.6%	ORD SHS	G16910120
TGNA	TEGNA INC	36,673 (-92.3%)	$712 (-92.6%)	0.0%	$19.06	+3.7%	COM	87901J105
—	INDIVIOR PLC	1,154,452 (-14.7%)	$41,422 (+26.9%)	0.5%	$24.11	—	ORD	G4766E116
STUB	STUBHUB HLDGS INC	486,599 (-44.4%)	$6,584 (-55.3%)	0.1%	$18.34	-14.3%	CL A	86384P109
ADI	ANALOG DEVICES INC	21,400 (-62.1%)	$5,804 (-58.1%)	0.1%	$217.62	+15.2%	COM	032654105
HON	HONEYWELL INTL INC	71,055 (-28.9%)	$13,862 (-34.1%)	0.2%	$207.11	-5.8%	COM	438516106
SARO	STANDARDAERO INC	424,600 (-38.1%)	$12,178 (-35.0%)	0.1%	$27.70	-1.7%	COM	85423L103
FIGR	FIGURE TECHNOLOGY SOLUTIO	2,097,698 (-6.1%)	$85,670 (+5.5%)	1.0%	$38.84	+3.0%	COM CL A	349381103
SMH	VANECK ETF TRUST	290,000 (-6.5%)	$104,438 (+3.2%)	1.2%	$326.36	—	PUT	92189F676
HUM	HUMANA INC	50,530 (-15.7%)	$12,942 (-17.0%)	0.1%	$261.21	+0.0%	COM	444859102
RUN	SUNRUN INC	2,000,000 (-11.1%)	$36,800 (-5.4%)	0.4%	$13.39	+43.2%	CALL	86771W105
BRCB	BLACK ROCK COFFEE BAR INC	338,250 (-12.4%)	$7,526 (-18.3%)	0.1%	$26.13	-11.3%	CL A	092244102
LGN	LEGENCE CORP	128,560 (-3.8%)	$5,533 (+34.4%)	0.1%	$31.48	+25.6%	CL A	52476L109
U	UNITY SOFTWARE INC	14,882 (-70.2%)	$657 (-67.2%)	0.0%	$37.08	+9.9%	COM	91332U101
VVX	V2X INC	92,800 (-13.2%)	$5,062 (-18.5%)	0.1%	$53.46	+5.2%	COM	92242T101
MDB	MONGODB INC	28,373 (-20.1%)	$11,908 (+8.0%)	0.1%	$257.06	+41.5%	CL A	60937P106
SPSB	SPDR SERIES TRUST	30,268 (-5.2%)	$914 (-5.5%)	0.0%	$30.71	—	STATE STREET SPD	78464A474
FICO	FAIR ISAAC CORP	133 (-20.4%)	$225 (-10.0%)	0.0%	$1877.74	-8.3%	COM	303250104

Unchanged Positions (18)

KDK KODIAK AI INC. 1.3%

Value ($000) $108,850 Shares 9,967,978 Est. Cost $6.84 Unrealized —

GLXY GALAXY DIGITAL INC. 0.1%

Value ($000) $6,080 Shares 271,911 Est. Cost $20.30 Unrealized +52.6%

— DROPBOX INC 1.1%

Value ($000) $93,411 Shares 92,500,000 Est. Cost $0.97 Unrealized —

EMXC ISHARES INC 0.3%

Value ($000) $25,779 Shares 354,686 Est. Cost $49.54 Unrealized —

RAL RALLIANT CORP 0.1%

Value ($000) $7,590 Shares 149,089 Est. Cost $44.46 Unrealized +5.4%

VIA VIA TRANSN INC 0.0%

Value ($000) $870 Shares 30,000 Est. Cost $49.48 Unrealized -16.6%

RPD RAPID7 INC 0.0%

Value ($000) $2,050 Shares 134,845 Est. Cost $36.43 Unrealized -54.8%

GL GLOBE LIFE INC 0.2%

Value ($000) $20,350 Shares 145,500 Est. Cost $118.57 Unrealized +14.2%

EWC ISHARES INC 0.1%

Value ($000) $5,269 Shares 97,700 Est. Cost $33.46 Unrealized —

ONB OLD NATL BANCORP IND 0.2%

Value ($000) $19,090 Shares 855,685 Est. Cost $20.76 Unrealized +3.8%

— SNAP INC 0.1%

Value ($000) $9,116 Shares 10,000,000 Est. Cost $0.74 Unrealized —

MUB ISHARES TR 0.3%

Value ($000) $25,856 Shares 241,400 Est. Cost $113.01 Unrealized —

CTLP CANTALOUPE INC 0.2%

Value ($000) $13,295 Shares 1,251,880 Est. Cost $10.91 Unrealized -2.8%

— OKTA INC 0.1%

Value ($000) $10,300 Shares 10,500,000 Est. Cost $0.87 Unrealized —

CME CME GROUP INC 0.1%

Value ($000) $8,200 Shares 30,028 Est. Cost $145.77 Unrealized +85.7%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 0.1%

Value ($000) $6,523 Shares 25,478 Est. Cost $236.70 Unrealized +5.3%

RDN RADIAN GROUP INC 0.1%

Value ($000) $6,434 Shares 178,767 Est. Cost $34.42 Unrealized +1.0%

— ENPHASE ENERGY INC 0.0%

Value ($000) $991 Shares 1,000,000 Est. Cost $0.88 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KDK	KODIAK AI INC.	9,967,978	$108,850	1.3%	$6.84	—	COM	500081104
GLXY	GALAXY DIGITAL INC.	271,911	$6,080	0.1%	$20.30	+52.6%	CL A	36317J209
—	DROPBOX INC	92,500,000	$93,411	1.1%	$0.97	—	NOTE 3/0	26210CAD6
EMXC	ISHARES INC	354,686	$25,779	0.3%	$49.54	—	MSCI EMRG CHN	46434G764
RAL	RALLIANT CORP	149,089	$7,590	0.1%	$44.46	+5.4%	COM	750940108
VIA	VIA TRANSN INC	30,000	$870	0.0%	$49.48	-16.6%	COM CL A	92556W104
RPD	RAPID7 INC	134,845	$2,050	0.0%	$36.43	-54.8%	COM	753422104
GL	GLOBE LIFE INC	145,500	$20,350	0.2%	$118.57	+14.2%	COM	37959E102
EWC	ISHARES INC	97,700	$5,269	0.1%	$33.46	—	MSCI CDA ETF	464286509
ONB	OLD NATL BANCORP IND	855,685	$19,090	0.2%	$20.76	+3.8%	COM	680033107
—	SNAP INC	10,000,000	$9,116	0.1%	$0.74	—	NOTE 0.125% 3/0	83304AAH9
MUB	ISHARES TR	241,400	$25,856	0.3%	$113.01	—	NATIONAL MUN ETF	464288414
CTLP	CANTALOUPE INC	1,251,880	$13,295	0.2%	$10.91	-2.8%	COM	138103106
—	OKTA INC	10,500,000	$10,300	0.1%	$0.87	—	NOTE 0.375% 6/1	679295AF2
CME	CME GROUP INC	30,028	$8,200	0.1%	$145.77	+85.7%	COM	12572Q105
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	25,478	$6,523	0.1%	$236.70	+5.3%	COM	874054109
RDN	RADIAN GROUP INC	178,767	$6,434	0.1%	$34.42	+1.0%	COM	750236101
—	ENPHASE ENERGY INC	1,000,000	$991	0.0%	$0.88	—	NOTE 3/0	29355AAH0