DELTEC ASSET MANAGEMENT LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GEV	GE VERNOVA INC	5,000	$3,268	0.5%	$609.04	0.0%	COM	36828A101
DASH	DOORDASH INC	10,000	$2,265	0.4%	$234.56	0.0%	CL A	25809K105
ALK	ALASKA AIR GROUP INC	30,000	$1,509	0.3%	$46.23	0.0%	COM	011659109
GLD	SPDR GOLD TR	3,350	$1,328	0.2%	$396.31	—	GOLD SHS	78463V107
AMD	ADVANCED MICRO DEVICES INC	6,000	$1,285	0.2%	$224.60	0.0%	COM	007903107
COF	CAPITAL ONE FINL CORP	5,300	$1,285	0.2%	$222.19	0.0%	COM	14040H105
XBI	SPDR SERIES TRUST	10,000	$1,219	0.2%	$121.93	—	STATE STREET SPD	78464A870
BURL	BURLINGTON STORES INC	4,000	$1,155	0.2%	$271.28	0.0%	COM	122017106
SAC/U	SAFEGUARD ACQUISITION CORP	100,000	$1,009	0.2%	$10.09	—	UNIT 99/99/9999	G77676123
OTGA	OTG ACQUISITION CORP. I	100,000	$1,000	0.2%	$10.02	0.0%	ORD CL A	G6791A100
EMIS	EMMIS ACQUISITION CORP.	100,000	$993	0.2%	$9.97	0.0%	SHS CL A	G3037D105
XLU	SELECT SECTOR SPDR TR	22,000	$939	0.2%	$42.69	—	STATE STREET UTI	81369Y886
GPACU	GENERAL PURP ACQUISITION COR	80,000	$801	0.1%	$10.01	—	UNIT 12/03/2030	G3810N122
PANW	PALO ALTO NETWORKS INC	4,150	$764	0.1%	$201.75	0.0%	COM	697435105
ALUB/U	ALUSSA ENERGY ACQUISITION CO	75,000	$758	0.1%	$10.10	—	UNIT 99/99/9999	G0233J126
DSACU	DAEDALUS SPL ACQUISITION COR	75,000	$753	0.1%	$10.04	—	UNIT 11/10/2030	G2616C124
LKSP	LAKE SUPERIOR ACQUISITION CO	70,500	$699	0.1%	$9.92	0.0%	USD CL A ORD SHS	G5354C107
—	AVADEL PHARMACEUTICALS PLC	30,000	$647	0.1%	$21.55	—	COM SHS	G29687103
WFC	WELLS FARGO CO NEW	5,800	$541	0.1%	$86.63	0.0%	COM	949746101
—	MERSANA THERAPEUTICS INC	18,000	$521	0.1%	$28.93	—	COM	59045L205
EW	EDWARDS LIFESCIENCES CORP	6,000	$512	0.1%	$82.07	0.0%	COM	28176E108
CCXIU	CHURCHILL CAP CORP XI	50,000	$511	0.1%	$10.21	—	UNIT 12/10/2030	G2131A124
CRANU	CRANE HBR ACQUISITION CORP I	50,000	$504	0.1%	$10.07	—	UNIT 12/09/2030	G25014120
SBXE/U	SILVERBOX CORP V	50,000	$502	0.1%	$10.04	—	UNIT 99/99/9999	G8148S123
VHCPU	VINE HILL CAP INVTS CORP II	50,000	$501	0.1%	$10.02	—	UNIT 11/25/2030	G9709D125
BLRKU	BLUEROCK ACQUISITION CORP	50,000	$500	0.1%	$10.00	—	UNIT 11/06/2030	G1352R121
DMII	DRUGS MADE IN AMER ACQ II CO	50,000	$495	0.1%	$9.89	0.0%	USD ORD SHS	G2851K104
IBKR	INTERACTIVE BROKERS GROUP IN	7,630	$491	0.1%	$66.89	0.0%	COM CL A	45841N107
SPOT	SPOTIFY TECHNOLOGY S A	750	$436	0.1%	$625.13	0.0%	SHS	L8681T102
ANET	ARISTA NETWORKS INC	3,300	$432	0.1%	$137.66	0.0%	COM SHS	040413205
NKE	NIKE INC	6,734	$429	0.1%	$64.91	0.0%	CL B	654106103
DELL	DELL TECHNOLOGIES INC	3,100	$390	0.1%	$140.75	0.0%	CL C	24703L202
—	APPLIED THERAPEUTICS INC	3,847,449	$385	0.1%	$0.10	—	COM	03828A101
AXIA/PC	CENTRAIS ELET BRAS SA	40,604	$350	0.1%	$8.62	—	SPON ADS PF CL C	15236F100
VINP	VINCI COMPASS INVESTMENTS LT	25,381	$331	0.1%	$11.94	0.0%	COM CL A	G9451V109
RNGT	RANGE CAP ACQUISITION CORP I	30,000	$299	0.0%	$9.99	0.0%	CL A ORD SHS	G7375J103
MMYT	MAKEMYTRIP LIMITED MAURITIUS	3,450	$283	0.0%	$82.03	0.0%	SHS	V5633W109
SE	SEA LTD	2,000	$255	0.0%	$127.57	—	SPONSORD ADS	81141R100
MBVI	M3-BRIGADE ACQUISITION VI CO	25,000	$250	0.0%	$10.06	0.0%	ORD SHS CL A	G63221108
SCPQU	SOCIAL COMM PARTNERS CORP	25,000	$250	0.0%	$10.00	—	UNIT 11/24/2030	G8254P129
AEAQU	ACTIVATE ENERGY ACQUISITION	25,000	$250	0.0%	$9.99	—	UNIT 11/10/2030	G0081J129
LPCVU	LAUNCHPAD CADENZA ACQUISITIO	25,000	$250	0.0%	$9.98	—	UNIT 12/15/2030	G6001S123
ITHAU	ITHAX ACQUISITION CORP III	25,000	$249	0.0%	$9.97	—	UNIT 11/17/2030	G4977S128
ADACU	AMERICAN DRIVE ACQUISITION C	25,000	$249	0.0%	$9.97	—	UNIT 12/04/2030	G0R91M121
IRHOU	IRON HORSE ACQUISIT CORP II	25,000	$249	0.0%	$9.95	—	UNIT 07/11/2030	46283H202
MESHU	MESHFLOW ACQUISITION CORP	20,000	$200	0.0%	$10.00	—	UNIT 11/19/2030	G6032N127
—	GENERATION BIO CO	32,650	$185	0.0%	$5.68	—	COM NEW	37148K209
VLRS	CONTROLADORA VUELA COMP DE A	19,700	$175	0.0%	$8.88	—	SPON ADR RP 10	21240E105
LFACU	LEAPFROG ACQUISITION CORP	15,000	$150	0.0%	$10.01	—	UNIT 11/10/2030	G5414D129
LATA	GALATA ACQUISITION CORP II	15,000	$149	0.0%	$9.97	0.0%	ORD SHS CL A	G3R25N108
CEPV	CANTOR EQUITY PARTNERS V INC	10,000	$103	0.0%	$10.25	0.0%	SHS CL A S	G1828S109
EMISR	EMMIS ACQUISITION CORP.	43,500	$7	0.0%	$0.15	—	RIGHT 09/12/2030	G3037D113
DMIIR	DRUGS MADE IN AMER ACQ II CO	44,500	$6	0.0%	$0.14	—	RIGHT 09/16/2030	G2851K112

Increased Positions (26)

AVGO BROADCOM INC 6.2%

Value ($000) $37,231 (+18.6%) Shares 107,572 (+13.1%) Est. Cost $171.95 Unrealized +107.6%

CCL CARNIVAL CORP 3.3%

Value ($000) $19,994 (+17.9%) Shares 654,694 (+11.6%) Est. Cost $18.26 Unrealized +52.7%

MSFT MICROSOFT CORP 5.7%

Value ($000) $34,446 (+8.1%) Shares 71,225 (+15.8%) Est. Cost $164.32 Unrealized +204.6%

MRVL MARVELL TECHNOLOGY INC 0.9%

Value ($000) $5,228 (+59.4%) Shares 61,515 (+57.7%) Est. Cost $76.55 Unrealized +14.3%

MNKD MANNKIND CORP 0.9%

Value ($000) $5,527 (+42.2%) Shares 974,700 (+34.7%) Est. Cost $4.68 Unrealized +17.8%

META META PLATFORMS INC 3.0%

Value ($000) $17,944 (-6.7%) Shares 27,184 (+3.8%) Est. Cost $270.62 Unrealized +146.6%

BA BOEING CO 0.3%

Value ($000) $1,520 (+421.6%) Shares 7,000 (+418.5%) Est. Cost $208.72 Unrealized -1.5%

TBBB BBB FOODS INC 0.2%

Value ($000) $1,486 (+320.7%) Shares 44,500 (+239.7%) Est. Cost $28.75 Unrealized +4.0%

ORLY OREILLY AUTOMOTIVE INC 0.4%

Value ($000) $2,361 (+57.7%) Shares 25,890 (+86.4%) Est. Cost $94.20 Unrealized +3.7%

GGAL GRUPO FINANCIERO GALICIA S.A 0.2%

Value ($000) $1,375 (+134.3%) Shares 25,500 (+19.7%) Est. Cost $51.57 Unrealized —

BMA BANCO MACRO SA 0.1%

Value ($000) $748 (+172.2%) Shares 8,300 (+27.7%) Est. Cost $52.67 Unrealized —

JBL JABIL INC 0.4%

Value ($000) $2,622 (+20.7%) Shares 11,500 (+15.0%) Est. Cost $180.54 Unrealized +18.1%

NVDA NVIDIA CORPORATION 5.3%

Value ($000) $31,837 (+1.4%) Shares 170,709 (+1.4%) Est. Cost $103.00 Unrealized +80.7%

FCX FREEPORT-MCMORAN INC 0.1%

Value ($000) $762 (+94.3%) Shares 15,000 (+50.0%) Est. Cost $43.24 Unrealized +0.2%

URI UNITED RENTALS INC 0.1%

Value ($000) $801 (+67.9%) Shares 990 (+98.0%) Est. Cost $611.50 Unrealized +41.8%

ETN EATON CORP PLC 0.7%

Value ($000) $4,093 (+8.3%) Shares 12,850 (+27.2%) Est. Cost $316.02 Unrealized +12.1%

MELI MERCADOLIBRE INC 0.5%

Value ($000) $2,850 (-8.6%) Shares 1,415 (+6.0%) Est. Cost $1199.14 Unrealized +75.2%

EXEEL EXPAND ENERGY CORPORATION 0.1%

Value ($000) $500 (+106.6%) Shares 5,013 (+100.5%) Est. Cost $93.09 Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.1%

Value ($000) $854 (-10.3%) Shares 5,825 (+9.4%) Est. Cost $131.74 Unrealized —

CPNG COUPANG INC 0.1%

Value ($000) $425 (-12.1%) Shares 18,000 (+20.0%) Est. Cost $25.20 Unrealized +12.9%

AXIA CENTRAIS ELET BRAS SA 0.2%

Value ($000) $1,498 (+3.8%) Shares 163,500 (+12.4%) Est. Cost $7.85 Unrealized —

QQQ INVESCO QQQ TR 0.2%

Value ($000) $1,045 (+5.4%) Shares 1,701 (+3.0%) Est. Cost $553.48 Unrealized —

PBR PETROLEO BRASILEIRO SA PETRO 0.1%

Value ($000) $841 (+2.2%) Shares 71,000 (+9.2%) Est. Cost $11.39 Unrealized —

JBS JBS N.V. 0.1%

Value ($000) $687 (+1.9%) Shares 47,650 (+5.5%) Est. Cost $14.16 Unrealized -2.9%

ITUB ITAU UNIBANCO HLDG S A 0.2%

Value ($000) $986 (+0.5%) Shares 137,658 (+3.0%) Est. Cost $4.99 Unrealized —

VGASW VERDE CLEAN FUELS INC 0.0%

Value ($000) $7 (-4.2%) Shares 83,855 (+19.8%) Est. Cost $0.18 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AVGO	BROADCOM INC	107,572 (+13.1%)	$37,231 (+18.6%)	6.2%	$171.95	+107.6%	COM	11135F101
CCL	CARNIVAL CORP	654,694 (+11.6%)	$19,994 (+17.9%)	3.3%	$18.26	+52.7%	UNIT 99/99/9999	143658300
MSFT	MICROSOFT CORP	71,225 (+15.8%)	$34,446 (+8.1%)	5.7%	$164.32	+204.6%	COM	594918104
MRVL	MARVELL TECHNOLOGY INC	61,515 (+57.7%)	$5,228 (+59.4%)	0.9%	$76.55	+14.3%	COM	573874104
MNKD	MANNKIND CORP	974,700 (+34.7%)	$5,527 (+42.2%)	0.9%	$4.68	+17.8%	COM NEW	56400P706
META	META PLATFORMS INC	27,184 (+3.8%)	$17,944 (-6.7%)	3.0%	$270.62	+146.6%	CL A	30303M102
BA	BOEING CO	7,000 (+418.5%)	$1,520 (+421.6%)	0.3%	$208.72	-1.5%	COM	097023105
TBBB	BBB FOODS INC	44,500 (+239.7%)	$1,486 (+320.7%)	0.2%	$28.75	+4.0%	CL A COM	G0896C103
ORLY	OREILLY AUTOMOTIVE INC	25,890 (+86.4%)	$2,361 (+57.7%)	0.4%	$94.20	+3.7%	COM	67103H107
GGAL	GRUPO FINANCIERO GALICIA S.A	25,500 (+19.7%)	$1,375 (+134.3%)	0.2%	$51.57	—	SPONSORED ADR	399909100
BMA	BANCO MACRO SA	8,300 (+27.7%)	$748 (+172.2%)	0.1%	$52.67	—	SPON ADR B	05961W105
JBL	JABIL INC	11,500 (+15.0%)	$2,622 (+20.7%)	0.4%	$180.54	+18.1%	COM	466313103
NVDA	NVIDIA CORPORATION	170,709 (+1.4%)	$31,837 (+1.4%)	5.3%	$103.00	+80.7%	COM	67066G104
FCX	FREEPORT-MCMORAN INC	15,000 (+50.0%)	$762 (+94.3%)	0.1%	$43.24	+0.2%	CL B	35671D857
URI	UNITED RENTALS INC	990 (+98.0%)	$801 (+67.9%)	0.1%	$611.50	+41.8%	COM	911363109
ETN	EATON CORP PLC	12,850 (+27.2%)	$4,093 (+8.3%)	0.7%	$316.02	+12.1%	SHS	G29183103
MELI	MERCADOLIBRE INC	1,415 (+6.0%)	$2,850 (-8.6%)	0.5%	$1199.14	+75.2%	COM	58733R102
EXEEL	EXPAND ENERGY CORPORATION	5,013 (+100.5%)	$500 (+106.6%)	0.1%	$93.09	—	*W EXP 02/09/202	165167180
BABA	ALIBABA GROUP HLDG LTD	5,825 (+9.4%)	$854 (-10.3%)	0.1%	$131.74	—	SPONSORED ADS	01609W102
CPNG	COUPANG INC	18,000 (+20.0%)	$425 (-12.1%)	0.1%	$25.20	+12.9%	CL A	22266T109
AXIA	CENTRAIS ELET BRAS SA	163,500 (+12.4%)	$1,498 (+3.8%)	0.2%	$7.85	—	SPONSORED ADR	15234Q207
QQQ	INVESCO QQQ TR	1,701 (+3.0%)	$1,045 (+5.4%)	0.2%	$553.48	—	UNIT SER 1	46090E103
PBR	PETROLEO BRASILEIRO SA PETRO	71,000 (+9.2%)	$841 (+2.2%)	0.1%	$11.39	—	SPONSORED ADR	71654V408
JBS	JBS N.V.	47,650 (+5.5%)	$687 (+1.9%)	0.1%	$14.16	-2.9%	CL A SHS	N4732M103
ITUB	ITAU UNIBANCO HLDG S A	137,658 (+3.0%)	$986 (+0.5%)	0.2%	$4.99	—	SPON ADR REP PFD	465562106
VGASW	VERDE CLEAN FUELS INC	83,855 (+19.8%)	$7 (-4.2%)	0.0%	$0.18	—	*W EXP 02/15/202	923372114

Exited Positions (41)

IBIT ISHARES BITCOIN TRUST ETF 1.0%

Value ($000) $6,087 Shares 93,650 Est. Cost $59.78 Unrealized —

ETHA ISHARES ETHEREUM TR 0.8%

Value ($000) $4,994 Shares 158,500 Est. Cost $31.51 Unrealized —

CMG CHIPOTLE MEXICAN GRILL INC 0.6%

Value ($000) $3,551 Shares 90,600 Est. Cost $53.65 Unrealized -32.6%

SMLR SEMLER SCIENTIFIC INC 0.6%

Value ($000) $3,328 Shares 110,932 Est. Cost $39.97 Unrealized -43.2%

CART MAPLEBEAR INC 0.3%

Value ($000) $1,838 Shares 50,000 Est. Cost $46.04 Unrealized -11.1%

UNH UNITEDHEALTH GROUP INC 0.3%

Value ($000) $1,526 Shares 4,420 Est. Cost $374.94 Unrealized -10.1%

MTSI MACOM TECH SOLUTIONS HLDGS I 0.2%

Value ($000) $1,429 Shares 11,480 Est. Cost $131.97 Unrealized +20.3%

IMSR HCM II ACQUISITION CORP 0.2%

Value ($000) $1,231 Shares 75,000 Est. Cost $10.00 Unrealized +33.7%

IBAC IB ACQUISITION CORP 0.2%

Value ($000) $1,060 Shares 100,000 Est. Cost $9.97 Unrealized +4.9%

OTGAU OTG ACQUISITION CORP. I 0.2%

Value ($000) $1,007 Shares 100,000 Est. Cost $10.07 Unrealized —

— EMMIS ACQUISITION CORP. 0.2%

Value ($000) $999 Shares 100,000 Est. Cost $9.98 Unrealized —

SNPS SYNOPSYS INC 0.2%

Value ($000) $987 Shares 2,000 Est. Cost $565.30 Unrealized -21.4%

ISRG INTUITIVE SURGICAL INC 0.1%

Value ($000) $894 Shares 2,000 Est. Cost $479.87 Unrealized +10.9%

— SCPHARMACEUTICALS INC 0.1%

Value ($000) $861 Shares 151,837 Est. Cost $5.67 Unrealized —

EQIX EQUINIX INC 0.1%

Value ($000) $822 Shares 1,050 Est. Cost $774.22 Unrealized +0.9%

MAR MARRIOTT INTL INC NEW 0.1%

Value ($000) $821 Shares 3,151 Est. Cost $267.49 Unrealized +6.7%

FISV FISERV INC 0.1%

Value ($000) $774 Shares 6,000 Est. Cost $181.35 Unrealized -53.8%

RBLX ROBLOX CORP 0.1%

Value ($000) $582 Shares 4,200 Est. Cost $124.28 Unrealized -14.6%

COHR COHERENT CORP 0.1%

Value ($000) $539 Shares 5,000 Est. Cost $99.69 Unrealized +50.0%

VRT VERTIV HOLDINGS CO 0.1%

Value ($000) $528 Shares 3,500 Est. Cost $133.31 Unrealized +30.2%

ROP ROPER TECHNOLOGIES INC 0.1%

Value ($000) $499 Shares 1,000 Est. Cost $531.36 Unrealized -13.0%

DMIIU DRUGS MADE IN AMER ACQ II CO 0.1%

Value ($000) $497 Shares 50,000 Est. Cost $9.95 Unrealized —

FICO FAIR ISAAC CORP 0.1%

Value ($000) $449 Shares 300 Est. Cost $1503.82 Unrealized +14.5%

TEAM ATLASSIAN CORPORATION 0.1%

Value ($000) $399 Shares 2,500 Est. Cost $180.93 Unrealized -13.3%

AJG GALLAGHER ARTHUR J & CO 0.1%

Value ($000) $381 Shares 1,230 Est. Cost $300.20 Unrealized -12.0%

— MONOGRAM TECHNOLOGIES INC 0.1%

Value ($000) $375 Shares 63,897 Est. Cost $5.87 Unrealized —

— MURAL ONCOLOGY PUB LTD CO 0.1%

Value ($000) $371 Shares 179,057 Est. Cost $2.07 Unrealized —

GPN GLOBAL PMTS INC 0.1%

Value ($000) $357 Shares 4,300 Est. Cost $107.88 Unrealized -25.6%

SHW SHERWIN WILLIAMS CO 0.1%

Value ($000) $346 Shares 1,000 Est. Cost $369.58 Unrealized -9.6%

ORCL ORACLE CORP 0.0%

Value ($000) $281 Shares 1,000 Est. Cost $160.80 Unrealized +48.0%

BIDU BAIDU INC 0.0%

Value ($000) $264 Shares 2,000 Est. Cost $185.49 Unrealized —

MBVIU M3-BRIGADE ACQUISITION VI CO 0.0%

Value ($000) $253 Shares 25,000 Est. Cost $10.12 Unrealized —

BTC GRAYSCALE BITCOIN MINI TR ET 0.0%

Value ($000) $231 Shares 4,570 Est. Cost $47.75 Unrealized —

GXO GXO LOGISTICS INCORPORATED 0.0%

Value ($000) $220 Shares 4,158 Est. Cost $39.85 Unrealized +31.9%

FMC FMC CORP 0.0%

Value ($000) $202 Shares 6,000 Est. Cost $40.72 Unrealized -53.5%

RKT ROCKET COS INC 0.0%

Value ($000) $194 Shares 10,000 Est. Cost $17.44 Unrealized +2.5%

LATAU GALATA ACQUISITION CORP II 0.0%

Value ($000) $150 Shares 15,000 Est. Cost $9.98 Unrealized —

BLZRU TRAILBLAZER ACQUISITION CORP 0.0%

Value ($000) $102 Shares 10,000 Est. Cost $10.22 Unrealized —

FIGX FIGX CAP ACQUISITION CORP. 0.0%

Value ($000) $100 Shares 10,000 Est. Cost $10.00 Unrealized +0.6%

CHECU CHENGHE ACQUISITION III CO 0.0%

Value ($000) $100 Shares 10,000 Est. Cost $9.98 Unrealized —

SOCAW SOLARIUS CAPITAL ACQU CORP 0.0%

Value ($000) $6 Shares 25,000 Est. Cost $0.25 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IBIT	ISHARES BITCOIN TRUST ETF	93,650	$6,087	1.0%	$59.78	—	—	46438F101
ETHA	ISHARES ETHEREUM TR	158,500	$4,994	0.8%	$31.51	—	—	46438R105
CMG	CHIPOTLE MEXICAN GRILL INC	90,600	$3,551	0.6%	$53.65	-32.6%	—	169656105
SMLR	SEMLER SCIENTIFIC INC	110,932	$3,328	0.6%	$39.97	-43.2%	—	81684M104
CART	MAPLEBEAR INC	50,000	$1,838	0.3%	$46.04	-11.1%	—	565394103
UNH	UNITEDHEALTH GROUP INC	4,420	$1,526	0.3%	$374.94	-10.1%	—	91324P102
MTSI	MACOM TECH SOLUTIONS HLDGS I	11,480	$1,429	0.2%	$131.97	+20.3%	—	55405Y100
IMSR	HCM II ACQUISITION CORP	75,000	$1,231	0.2%	$10.00	+33.7%	—	G43658106
IBAC	IB ACQUISITION CORP	100,000	$1,060	0.2%	$9.97	+4.9%	—	44934N108
OTGAU	OTG ACQUISITION CORP. I	100,000	$1,007	0.2%	$10.07	—	—	G6791A126
—	EMMIS ACQUISITION CORP.	100,000	$999	0.2%	$9.98	—	—	G3037D121
SNPS	SYNOPSYS INC	2,000	$987	0.2%	$565.30	-21.4%	—	871607107
ISRG	INTUITIVE SURGICAL INC	2,000	$894	0.1%	$479.87	+10.9%	—	46120E602
—	SCPHARMACEUTICALS INC	151,837	$861	0.1%	$5.67	—	—	810648105
EQIX	EQUINIX INC	1,050	$822	0.1%	$774.22	+0.9%	—	29444U700
MAR	MARRIOTT INTL INC NEW	3,151	$821	0.1%	$267.49	+6.7%	—	571903202
FISV	FISERV INC	6,000	$774	0.1%	$181.35	-53.8%	—	337738108
RBLX	ROBLOX CORP	4,200	$582	0.1%	$124.28	-14.6%	—	771049103
COHR	COHERENT CORP	5,000	$539	0.1%	$99.69	+50.0%	—	19247G107
VRT	VERTIV HOLDINGS CO	3,500	$528	0.1%	$133.31	+30.2%	—	92537N108
ROP	ROPER TECHNOLOGIES INC	1,000	$499	0.1%	$531.36	-13.0%	—	776696106
DMIIU	DRUGS MADE IN AMER ACQ II CO	50,000	$497	0.1%	$9.95	—	—	G2851K120
FICO	FAIR ISAAC CORP	300	$449	0.1%	$1503.82	+14.5%	—	303250104
TEAM	ATLASSIAN CORPORATION	2,500	$399	0.1%	$180.93	-13.3%	—	049468101
AJG	GALLAGHER ARTHUR J & CO	1,230	$381	0.1%	$300.20	-12.0%	—	363576109
—	MONOGRAM TECHNOLOGIES INC	63,897	$375	0.1%	$5.87	—	—	609786108
—	MURAL ONCOLOGY PUB LTD CO	179,057	$371	0.1%	$2.07	—	—	G63365103
GPN	GLOBAL PMTS INC	4,300	$357	0.1%	$107.88	-25.6%	—	37940X102
SHW	SHERWIN WILLIAMS CO	1,000	$346	0.1%	$369.58	-9.6%	—	824348106
ORCL	ORACLE CORP	1,000	$281	0.0%	$160.80	+48.0%	—	68389X105
BIDU	BAIDU INC	2,000	$264	0.0%	$185.49	—	—	056752108
MBVIU	M3-BRIGADE ACQUISITION VI CO	25,000	$253	0.0%	$10.12	—	—	G63221124
BTC	GRAYSCALE BITCOIN MINI TR ET	4,570	$231	0.0%	$47.75	—	—	389930207
GXO	GXO LOGISTICS INCORPORATED	4,158	$220	0.0%	$39.85	+31.9%	—	36262G101
FMC	FMC CORP	6,000	$202	0.0%	$40.72	-53.5%	—	302491303
RKT	ROCKET COS INC	10,000	$194	0.0%	$17.44	+2.5%	—	77311W101
LATAU	GALATA ACQUISITION CORP II	15,000	$150	0.0%	$9.98	—	—	G3R25N124
BLZRU	TRAILBLAZER ACQUISITION CORP	10,000	$102	0.0%	$10.22	—	—	G9009S129
FIGX	FIGX CAP ACQUISITION CORP.	10,000	$100	0.0%	$10.00	+0.6%	—	G3473K100
CHECU	CHENGHE ACQUISITION III CO	10,000	$100	0.0%	$9.98	—	—	G2086N113
SOCAW	SOLARIUS CAPITAL ACQU CORP	25,000	$6	0.0%	$0.25	—	—	G82617112

Decreased Positions (44)

GOOGL ALPHABET INC 9.0%

Value ($000) $54,131 (+22.5%) Shares 172,943 (-4.8%) Est. Cost $108.91 Unrealized +162.2%

URA GLOBAL X FDS 1.3%

Value ($000) $7,909 (-41.2%) Shares 185,100 (-34.4%) Est. Cost $34.53 Unrealized —

AR ANTERO RESOURCES CORP 0.3%

Value ($000) $1,930 (-70.8%) Shares 56,000 (-71.6%) Est. Cost $35.70 Unrealized -5.1%

UBER UBER TECHNOLOGIES INC 2.2%

Value ($000) $13,058 (-26.2%) Shares 159,815 (-11.6%) Est. Cost $46.33 Unrealized +94.4%

NCLH NORWEGIAN CRUISE LINE HLDG L 1.3%

Value ($000) $7,670 (-36.5%) Shares 343,633 (-29.9%) Est. Cost $21.13 Unrealized -0.1%

BTU PEABODY ENERGY CORP 0.1%

Value ($000) $609 (-81.1%) Shares 20,500 (-83.1%) Est. Cost $17.75 Unrealized +65.4%

OCUL OCULAR THERAPEUTIX INC 5.0%

Value ($000) $30,204 (-6.5%) Shares 2,487,934 (-9.9%) Est. Cost $5.30 Unrealized +129.1%

FLEX FLEX LTD 1.2%

Value ($000) $6,964 (-22.7%) Shares 115,252 (-25.8%) Est. Cost $24.22 Unrealized +155.0%

TSLA TESLA INC 1.2%

Value ($000) $7,202 (-21.4%) Shares 16,015 (-22.3%) Est. Cost $330.13 Unrealized +34.3%

QXO QXO INC 0.2%

Value ($000) $1,006 (-60.6%) Shares 52,161 (-61.1%) Est. Cost $19.78 Unrealized -3.1%

VIST VISTA ENERGY S.A.B. DE C.V. 1.0%

Value ($000) $6,266 (+27.3%) Shares 128,761 (-10.0%) Est. Cost $9.80 Unrealized —

IGV ISHARES TR 0.9%

Value ($000) $5,189 (-17.5%) Shares 49,100 (-10.2%) Est. Cost $104.29 Unrealized —

GOOG ALPHABET INC 0.8%

Value ($000) $5,041 (+24.1%) Shares 16,065 (-3.7%) Est. Cost $107.15 Unrealized +167.2%

DAL DELTA AIR LINES INC DEL 0.1%

Value ($000) $312 (-73.4%) Shares 4,500 (-78.3%) Est. Cost $57.76 Unrealized +8.1%

BBAR BANCO BBVA ARGENTINA S A 0.2%

Value ($000) $1,382 (+109.0%) Shares 76,500 (-3.8%) Est. Cost $15.48 Unrealized —

YPF YPF SOCIEDAD ANONIMA 0.3%

Value ($000) $2,106 (+45.7%) Shares 58,250 (-2.1%) Est. Cost $32.58 Unrealized —

GPRK GEOPARK LTD 0.0%

Value ($000) $207 (-74.3%) Shares 28,000 (-77.9%) Est. Cost $8.22 Unrealized -10.9%

AUNA AUNA S A 0.0%

Value ($000) $52 (-91.5%) Shares 10,500 (-88.4%) Est. Cost $7.97 Unrealized -31.9%

PM PHILIP MORRIS INTL INC 1.1%

Value ($000) $6,796 (-7.4%) Shares 42,370 (-6.4%) Est. Cost $75.82 Unrealized +102.6%

BKNG BOOKING HOLDINGS INC 0.1%

Value ($000) $594 (-47.8%) Shares 111 (-47.4%) Est. Cost $3591.65 Unrealized +43.0%

PVLA PALVELLA THERAPEUTICS INC NE 0.0%

Value ($000) $251 (-67.9%) Shares 2,400 (-80.8%) Est. Cost $15.71 Unrealized +443.1%

EQT EQT CORP 1.4%

Value ($000) $8,155 (-5.8%) Shares 152,139 (-4.4%) Est. Cost $21.95 Unrealized +155.7%

SPSM SPDR SERIES TRUST 0.2%

Value ($000) $1,374 (-25.5%) Shares 29,330 (-26.4%) Est. Cost $45.23 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 1.9%

Value ($000) $11,507 (+4.1%) Shares 37,867 (-4.3%) Est. Cost $67.88 Unrealized —

XLV SELECT SECTOR SPDR TR 0.8%

Value ($000) $5,048 (+9.6%) Shares 32,610 (-1.5%) Est. Cost $133.94 Unrealized —

MO ALTRIA GROUP INC 0.4%

Value ($000) $2,401 (-13.9%) Shares 41,632 (-1.4%) Est. Cost $28.36 Unrealized +109.3%

CHAC CRANE HBR ACQUISITION CORP 0.1%

Value ($000) $808 (-20.3%) Shares 75,000 (-25.0%) Est. Cost $9.98 Unrealized +11.6%

CSCO CISCO SYS INC 0.6%

Value ($000) $3,655 (-4.5%) Shares 47,446 (-15.2%) Est. Cost $60.38 Unrealized +22.2%

BSX BOSTON SCIENTIFIC CORP 0.7%

Value ($000) $4,033 (-3.5%) Shares 42,300 (-1.2%) Est. Cost $101.91 Unrealized -3.8%

EMBJ EMBRAER S.A. 0.9%

Value ($000) $5,246 (+2.7%) Shares 81,500 (-3.6%) Est. Cost $12.81 Unrealized —

CGCT CARTESIAN GROWTH CORP III 0.1%

Value ($000) $590 (-18.8%) Shares 57,300 (-20.7%) Est. Cost $10.01 Unrealized +1.3%

VNQ VANGUARD INDEX FDS 0.2%

Value ($000) $1,013 (-11.0%) Shares 11,450 (-8.0%) Est. Cost $97.42 Unrealized —

CPA COPA HOLDINGS SA 0.8%

Value ($000) $4,571 (-2.4%) Shares 37,900 (-3.8%) Est. Cost $80.18 Unrealized +51.2%

MLAC MOUNTAIN LAKE ACQUISITION CO 0.1%

Value ($000) $416 (-19.2%) Shares 40,000 (-20.0%) Est. Cost $10.00 Unrealized +4.1%

TCOM TRIP COM GROUP LTD 0.1%

Value ($000) $396 (-19.1%) Shares 5,500 (-15.4%) Est. Cost $45.87 Unrealized —

SCCO SOUTHERN COPPER CORP 0.1%

Value ($000) $368 (-20.1%) Shares 2,564 (-32.4%) Est. Cost $88.42 Unrealized +50.2%

SPY SPDR S&P 500 ETF TR 0.8%

Value ($000) $5,084 (-1.6%) Shares 7,456 (-3.9%) Est. Cost $418.78 Unrealized —

HDB HDFC BANK LTD 0.3%

Value ($000) $1,725 (+4.7%) Shares 47,200 (-2.1%) Est. Cost $43.83 Unrealized —

SHEL SHELL PLC 0.7%

Value ($000) $4,149 (+1.4%) Shares 56,471 (-1.3%) Est. Cost $57.54 Unrealized —

BCIC BCP INVESTMENT CORPORATION 0.0%

Value ($000) $263 (-15.6%) Shares 22,222 (-17.7%) Est. Cost $13.41 Unrealized -11.0%

CEPT CANTOR EQUITY PARTNERS II IN 0.0%

Value ($000) $169 (-19.6%) Shares 15,000 (-25.0%) Est. Cost $11.29 Unrealized -0.1%

INDA ISHARES TR 0.1%

Value ($000) $773 (-3.0%) Shares 14,300 (-6.5%) Est. Cost $39.24 Unrealized —

INFY INFOSYS LTD 0.2%

Value ($000) $918 (-1.9%) Shares 51,500 (-10.4%) Est. Cost $17.96 Unrealized —

ARCO ARCOS DORADOS HOLDINGS INC 0.2%

Value ($000) $1,141 (+1.6%) Shares 155,400 (-6.6%) Est. Cost $5.71 Unrealized +25.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	172,943 (-4.8%)	$54,131 (+22.5%)	9.0%	$108.91	+162.2%	CAP STK CL A	02079K305
URA	GLOBAL X FDS	185,100 (-34.4%)	$7,909 (-41.2%)	1.3%	$34.53	—	GLOBAL X URANIUM	37954Y871
AR	ANTERO RESOURCES CORP	56,000 (-71.6%)	$1,930 (-70.8%)	0.3%	$35.70	-5.1%	COM	03674X106
UBER	UBER TECHNOLOGIES INC	159,815 (-11.6%)	$13,058 (-26.2%)	2.2%	$46.33	+94.4%	COM	90353T100
NCLH	NORWEGIAN CRUISE LINE HLDG L	343,633 (-29.9%)	$7,670 (-36.5%)	1.3%	$21.13	-0.1%	SHS	G66721104
BTU	PEABODY ENERGY CORP	20,500 (-83.1%)	$609 (-81.1%)	0.1%	$17.75	+65.4%	COM	704551100
OCUL	OCULAR THERAPEUTIX INC	2,487,934 (-9.9%)	$30,204 (-6.5%)	5.0%	$5.30	+129.1%	COM	67576A100
FLEX	FLEX LTD	115,252 (-25.8%)	$6,964 (-22.7%)	1.2%	$24.22	+155.0%	ORD	Y2573F102
TSLA	TESLA INC	16,015 (-22.3%)	$7,202 (-21.4%)	1.2%	$330.13	+34.3%	COM	88160R101
QXO	QXO INC	52,161 (-61.1%)	$1,006 (-60.6%)	0.2%	$19.78	-3.1%	COM NEW	82846H405
VIST	VISTA ENERGY S.A.B. DE C.V.	128,761 (-10.0%)	$6,266 (+27.3%)	1.0%	$9.80	—	SPONSORED ADS	92837L109
IGV	ISHARES TR	49,100 (-10.2%)	$5,189 (-17.5%)	0.9%	$104.29	—	EXPANDED TECH	464287515
GOOG	ALPHABET INC	16,065 (-3.7%)	$5,041 (+24.1%)	0.8%	$107.15	+167.2%	CAP STK CL C	02079K107
DAL	DELTA AIR LINES INC DEL	4,500 (-78.3%)	$312 (-73.4%)	0.1%	$57.76	+8.1%	COM NEW	247361702
BBAR	BANCO BBVA ARGENTINA S A	76,500 (-3.8%)	$1,382 (+109.0%)	0.2%	$15.48	—	SPONSORED ADS	058934100
YPF	YPF SOCIEDAD ANONIMA	58,250 (-2.1%)	$2,106 (+45.7%)	0.3%	$32.58	—	SPON ADR CL D	984245100
GPRK	GEOPARK LTD	28,000 (-77.9%)	$207 (-74.3%)	0.0%	$8.22	-10.9%	USD SHS	G38327105
AUNA	AUNA S A	10,500 (-88.4%)	$52 (-91.5%)	0.0%	$7.97	-31.9%	CLASS A	L0415A103
PM	PHILIP MORRIS INTL INC	42,370 (-6.4%)	$6,796 (-7.4%)	1.1%	$75.82	+102.6%	COM	718172109
BKNG	BOOKING HOLDINGS INC	111 (-47.4%)	$594 (-47.8%)	0.1%	$3591.65	+43.0%	COM	09857L108
PVLA	PALVELLA THERAPEUTICS INC NE	2,400 (-80.8%)	$251 (-67.9%)	0.0%	$15.71	+443.1%	COM	697947109
EQT	EQT CORP	152,139 (-4.4%)	$8,155 (-5.8%)	1.4%	$21.95	+155.7%	COM	26884L109
SPSM	SPDR SERIES TRUST	29,330 (-26.4%)	$1,374 (-25.5%)	0.2%	$45.23	—	STATE STREET SPD	78468R853
TSM	TAIWAN SEMICONDUCTOR MFG LTD	37,867 (-4.3%)	$11,507 (+4.1%)	1.9%	$67.88	—	SPONSORED ADS	874039100
XLV	SELECT SECTOR SPDR TR	32,610 (-1.5%)	$5,048 (+9.6%)	0.8%	$133.94	—	STATE STREET HEA	81369Y209
MO	ALTRIA GROUP INC	41,632 (-1.4%)	$2,401 (-13.9%)	0.4%	$28.36	+109.3%	COM	02209S103
CHAC	CRANE HBR ACQUISITION CORP	75,000 (-25.0%)	$808 (-20.3%)	0.1%	$9.98	+11.6%	CL A	G24979109
CSCO	CISCO SYS INC	47,446 (-15.2%)	$3,655 (-4.5%)	0.6%	$60.38	+22.2%	COM	17275R102
BSX	BOSTON SCIENTIFIC CORP	42,300 (-1.2%)	$4,033 (-3.5%)	0.7%	$101.91	-3.8%	COM	101137107
EMBJ	EMBRAER S.A.	81,500 (-3.6%)	$5,246 (+2.7%)	0.9%	$12.81	—	SPONSORED ADS	29082A107
CGCT	CARTESIAN GROWTH CORP III	57,300 (-20.7%)	$590 (-18.8%)	0.1%	$10.01	+1.3%	COM CL A	G19307100
VNQ	VANGUARD INDEX FDS	11,450 (-8.0%)	$1,013 (-11.0%)	0.2%	$97.42	—	REAL ESTATE ETF	922908553
CPA	COPA HOLDINGS SA	37,900 (-3.8%)	$4,571 (-2.4%)	0.8%	$80.18	+51.2%	CL A	P31076105
MLAC	MOUNTAIN LAKE ACQUISITION CO	40,000 (-20.0%)	$416 (-19.2%)	0.1%	$10.00	+4.1%	SHS CL A	G6301B101
TCOM	TRIP COM GROUP LTD	5,500 (-15.4%)	$396 (-19.1%)	0.1%	$45.87	—	ADS	89677Q107
SCCO	SOUTHERN COPPER CORP	2,564 (-32.4%)	$368 (-20.1%)	0.1%	$88.42	+50.2%	COM	84265V105
SPY	SPDR S&P 500 ETF TR	7,456 (-3.9%)	$5,084 (-1.6%)	0.8%	$418.78	—	TR UNIT	78462F103
HDB	HDFC BANK LTD	47,200 (-2.1%)	$1,725 (+4.7%)	0.3%	$43.83	—	SPONSORED ADS	40415F101
SHEL	SHELL PLC	56,471 (-1.3%)	$4,149 (+1.4%)	0.7%	$57.54	—	SPON ADS	780259305
BCIC	BCP INVESTMENT CORPORATION	22,222 (-17.7%)	$263 (-15.6%)	0.0%	$13.41	-11.0%	COM NEW	73688F201
CEPT	CANTOR EQUITY PARTNERS II IN	15,000 (-25.0%)	$169 (-19.6%)	0.0%	$11.29	-0.1%	CL A ORD SHS	G1827P106
INDA	ISHARES TR	14,300 (-6.5%)	$773 (-3.0%)	0.1%	$39.24	—	MSCI INDIA ETF	46429B598
INFY	INFOSYS LTD	51,500 (-10.4%)	$918 (-1.9%)	0.2%	$17.96	—	SPONSORED ADR	456788108
ARCO	ARCOS DORADOS HOLDINGS INC	155,400 (-6.6%)	$1,141 (+1.6%)	0.2%	$5.71	+25.0%	SHS CLASS -A -	G0457F107

Unchanged Positions (95)

LLY ELI LILLY & CO 1.6%

Value ($000) $9,403 Shares 8,750 Est. Cost $474.83 Unrealized +101.2%

AMZN AMAZON COM INC 5.9%

Value ($000) $35,777 Shares 155,001 Est. Cost $128.70 Unrealized +77.8%

HD HOME DEPOT INC 1.4%

Value ($000) $8,178 Shares 23,767 Est. Cost $131.52 Unrealized +177.2%

WMT WALMART INC 2.1%

Value ($000) $12,730 Shares 114,267 Est. Cost $63.98 Unrealized +67.5%

AAPL APPLE INC 1.2%

Value ($000) $7,160 Shares 26,337 Est. Cost $156.03 Unrealized +72.0%

V VISA INC 2.6%

Value ($000) $15,923 Shares 45,403 Est. Cost $90.36 Unrealized +276.7%

PH PARKER-HANNIFIN CORP 0.4%

Value ($000) $2,309 Shares 2,627 Est. Cost $574.10 Unrealized +42.4%

GBTC GRAYSCALE BITCOIN TRUST ETF 0.2%

Value ($000) $906 Shares 13,250 Est. Cost $63.17 Unrealized —

C CITIGROUP INC 0.3%

Value ($000) $2,054 Shares 17,605 Est. Cost $73.98 Unrealized +40.1%

COST COSTCO WHSL CORP NEW 0.5%

Value ($000) $3,005 Shares 3,485 Est. Cost $471.31 Unrealized +92.2%

MDLZ MONDELEZ INTL INC 0.2%

Value ($000) $1,206 Shares 22,402 Est. Cost $48.05 Unrealized +18.7%

TJX TJX COS INC NEW 0.5%

Value ($000) $3,241 Shares 21,100 Est. Cost $107.07 Unrealized +38.0%

GS GOLDMAN SACHS GROUP INC 0.3%

Value ($000) $1,670 Shares 1,900 Est. Cost $581.72 Unrealized +39.8%

PAM PAMPA ENERGIA S A 0.1%

Value ($000) $443 Shares 5,000 Est. Cost $70.34 Unrealized —

GTX GARRETT MOTION INC 0.1%

Value ($000) $610 Shares 35,000 Est. Cost $7.94 Unrealized +100.5%

LFT LUMENT FINANCE TRUST INC 0.0%

Value ($000) $282 Shares 200,000 Est. Cost $2.96 Unrealized —

GRAB GRAB HOLDINGS LIMITED 0.1%

Value ($000) $524 Shares 105,000 Est. Cost $3.57 Unrealized +54.6%

JBIO JADE BIOSCIENCES INC 0.0%

Value ($000) $243 Shares 15,756 Est. Cost $33.31 Unrealized -64.8%

VNM VANECK ETF TRUST 0.3%

Value ($000) $1,641 Shares 86,000 Est. Cost $12.62 Unrealized —

BATRA ATLANTA BRAVES HLDGS INC 0.2%

Value ($000) $1,353 Shares 31,847 Est. Cost $42.37 Unrealized +1.4%

SPGI S&P GLOBAL INC 0.2%

Value ($000) $1,280 Shares 2,450 Est. Cost $496.65 Unrealized -0.5%

SMH VANECK ETF TRUST 0.1%

Value ($000) $900 Shares 2,500 Est. Cost $174.87 Unrealized —

NN NEXTNAV INC 0.1%

Value ($000) $582 Shares 35,000 Est. Cost $2.68 Unrealized +430.2%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $727 Shares 3,514 Est. Cost $122.22 Unrealized +61.2%

MTUM ISHARES TR 0.5%

Value ($000) $2,829 Shares 11,300 Est. Cost $240.32 Unrealized —

SYK STRYKER CORPORATION 0.2%

Value ($000) $1,297 Shares 3,690 Est. Cost $378.05 Unrealized -3.9%

WH WYNDHAM HOTELS & RESORTS INC 0.2%

Value ($000) $1,058 Shares 14,000 Est. Cost $72.78 Unrealized +3.6%

KB KB FINL GROUP INC 0.2%

Value ($000) $1,506 Shares 17,500 Est. Cost $43.90 Unrealized —

JPM JPMORGAN CHASE & CO. 0.4%

Value ($000) $2,231 Shares 6,925 Est. Cost $206.74 Unrealized +49.7%

HE HAWAIIAN ELEC INDUSTRIES 0.1%

Value ($000) $454 Shares 36,886 Est. Cost $12.39 Unrealized -6.5%

VALE VALE S A 0.0%

Value ($000) $215 Shares 16,500 Est. Cost $9.71 Unrealized —

RSG REPUBLIC SVCS INC 0.1%

Value ($000) $424 Shares 2,000 Est. Cost $233.28 Unrealized -8.0%

BAP CREDICORP LTD 0.1%

Value ($000) $465 Shares 1,620 Est. Cost $144.97 Unrealized +82.6%

MA MASTERCARD INCORPORATED 1.2%

Value ($000) $7,058 Shares 12,364 Est. Cost $103.11 Unrealized +442.1%

LNSR LENSAR INC 0.1%

Value ($000) $378 Shares 32,500 Est. Cost $13.50 Unrealized -15.5%

GRAF GRAF GLOBAL CORP 0.2%

Value ($000) $1,076 Shares 100,000 Est. Cost $9.99 Unrealized +6.7%

CHT CHUNGHWA TELECOM CO LTD 0.1%

Value ($000) $434 Shares 10,398 Est. Cost $32.11 Unrealized —

BLUW BLUE WTR ACQUISITION CORP. I 0.1%

Value ($000) $516 Shares 50,000 Est. Cost $9.97 Unrealized +1.6%

VACH VOYAGER ACQUISITION CORP 0.2%

Value ($000) $1,067 Shares 100,000 Est. Cost $10.02 Unrealized +5.0%

RSP INVESCO EXCHANGE TRADED FD T 0.3%

Value ($000) $1,785 Shares 9,317 Est. Cost $174.72 Unrealized —

CEG CONSTELLATION ENERGY CORP 0.0%

Value ($000) $230 Shares 650 Est. Cost $263.84 Unrealized +37.7%

IBN ICICI BANK LIMITED 0.2%

Value ($000) $1,058 Shares 35,500 Est. Cost $14.78 Unrealized —

VTI VANGUARD INDEX FDS 0.1%

Value ($000) $665 Shares 1,983 Est. Cost $102.51 Unrealized —

FMX FOMENTO ECONOMICO MEXICANO S 0.1%

Value ($000) $556 Shares 5,500 Est. Cost $90.19 Unrealized —

TACH TITAN ACQUISITION CORP 0.2%

Value ($000) $1,025 Shares 100,000 Est. Cost $10.05 Unrealized +1.7%

MACI MELAR ACQUISITION CORP. I 0.2%

Value ($000) $1,063 Shares 100,000 Est. Cost $9.98 Unrealized +6.0%

CUB LIONHEART HOLDINGS 0.2%

Value ($000) $1,063 Shares 100,000 Est. Cost $10.00 Unrealized +6.0%

SZZL SIZZLE ACQUISITION CORP. II 0.3%

Value ($000) $1,524 Shares 150,000 Est. Cost $9.98 Unrealized +1.7%

PBR/A PETROLEO BRASILEIRO SA PETRO 0.0%

Value ($000) $234 Shares 20,750 Est. Cost $13.70 Unrealized —

XLI SELECT SECTOR SPDR TR 0.3%

Value ($000) $1,900 Shares 12,250 Est. Cost $107.32 Unrealized —

SOUL SOULPOWER ACQUISITION CORP 0.3%

Value ($000) $1,523 Shares 150,000 Est. Cost $9.97 Unrealized +1.8%

CCIX CHURCHILL CAPITAL CORP IX 0.1%

Value ($000) $744 Shares 70,000 Est. Cost $10.02 Unrealized +6.2%

ALF CENTURION ACQUISITION CORP 0.2%

Value ($000) $1,065 Shares 100,000 Est. Cost $9.99 Unrealized +6.2%

AEXA AMERICAN EXCEPTIONALISM ACQU 0.0%

Value ($000) $228 Shares 20,000 Est. Cost $10.77 Unrealized +4.2%

LPAA LAUNCH ONE ACQUISITION CORP 0.2%

Value ($000) $1,059 Shares 100,000 Est. Cost $9.97 Unrealized +5.7%

BEAG BOLD EAGLE ACQUISITION CORP 0.1%

Value ($000) $529 Shares 50,000 Est. Cost $9.86 Unrealized +8.0%

MTB M & T BK CORP 0.1%

Value ($000) $403 Shares 2,000 Est. Cost $136.01 Unrealized +39.8%

CVX CHEVRON CORP NEW 0.1%

Value ($000) $404 Shares 2,650 Est. Cost $137.80 Unrealized +9.9%

NPAC NEW PROVIDENCE ACQUISITION C 0.1%

Value ($000) $770 Shares 75,000 Est. Cost $10.35 Unrealized -0.9%

FERA FIFTH ERA ACQUISITION CORP I 0.1%

Value ($000) $515 Shares 50,000 Est. Cost $10.05 Unrealized +2.8%

RTAC RENATUS TACTICAL ACQUIS 0.0%

Value ($000) $267 Shares 25,000 Est. Cost $11.48 Unrealized -5.0%

VCIC VINE HILL CAP INVT CORP. 0.2%

Value ($000) $1,077 Shares 100,000 Est. Cost $10.00 Unrealized +9.5%

SIMO SILICON MOTION TECHNOLOGY CO 0.0%

Value ($000) $255 Shares 2,750 Est. Cost $52.51 Unrealized —

AXIN AXIOM INTELLIGENCE AC CORP 1 0.1%

Value ($000) $503 Shares 50,000 Est. Cost $9.97 Unrealized +0.8%

FTW EQV VENTURES ACQUISITION COR 0.1%

Value ($000) $525 Shares 50,000 Est. Cost $9.93 Unrealized +5.2%

RANG RANGE CAP ACQUISITION CORP 0.1%

Value ($000) $521 Shares 50,000 Est. Cost $9.99 Unrealized +4.9%

SIMA SIM ACQUISITION CORP. I 0.2%

Value ($000) $1,059 Shares 100,000 Est. Cost $9.98 Unrealized +5.8%

SOCA SOLARIUS CAPITAL ACQU CORP 0.1%

Value ($000) $503 Shares 50,000 Est. Cost $9.98 Unrealized +1.0%

LPBB LAUNCH TWO ACQUISITION CORP. 0.3%

Value ($000) $1,572 Shares 150,000 Est. Cost $9.95 Unrealized +5.3%

BACC BLUE ACQUISITION CORP. 0.0%

Value ($000) $204 Shares 20,000 Est. Cost $9.98 Unrealized +1.7%

RDAG REPUBLIC DIGITAL ACQUISITION 0.1%

Value ($000) $506 Shares 50,000 Est. Cost $10.33 Unrealized -0.8%

MBAV M3BRIGADE ACQUISITION V CORP 0.1%

Value ($000) $532 Shares 50,000 Est. Cost $9.99 Unrealized +6.2%

OBA OXLEY BRIDGE ACQ LTD 0.0%

Value ($000) $252 Shares 25,000 Est. Cost $9.94 Unrealized +0.8%

MNY MONEYHERO LIMITED 0.0%

Value ($000) $28 Shares 22,000 Est. Cost $2.20 Unrealized -40.3%

IPCX INFLECTION PT ACQUISITION CO 0.1%

Value ($000) $507 Shares 50,000 Est. Cost $10.21 Unrealized -0.5%

OYSE OYSTER ENTERPRISES II ACQUIS 0.1%

Value ($000) $504 Shares 50,000 Est. Cost $10.01 Unrealized +0.6%

DGRW WISDOMTREE TR 0.1%

Value ($000) $563 Shares 6,300 Est. Cost $38.20 Unrealized —

GRNY TIDAL TRUST I 0.0%

Value ($000) $262 Shares 10,600 Est. Cost $24.99 Unrealized —

TVAI THAYER VENTURES ACQ CORP II 0.0%

Value ($000) $253 Shares 25,000 Est. Cost $10.02 Unrealized +0.7%

SPEG SILVER PEGASUS ACQUISITION C 0.0%

Value ($000) $252 Shares 25,000 Est. Cost $9.96 Unrealized +0.9%

HYAC HAYMAKER ACQUISITION CORP IV 0.1%

Value ($000) $569 Shares 50,000 Est. Cost $10.17 Unrealized +11.3%

JENA JENA ACQUISITION CORP II 0.2%

Value ($000) $1,017 Shares 100,000 Est. Cost $10.14 Unrealized +0.6%

ALDF ALDEL FINL II INC 0.1%

Value ($000) $525 Shares 50,000 Est. Cost $9.92 Unrealized +5.8%

TOTL SSGA ACTIVE ETF TR 0.0%

Value ($000) $217 Shares 5,400 Est. Cost $49.26 Unrealized —

JACS JACKSON ACQUISITION CO II 0.1%

Value ($000) $417 Shares 40,000 Est. Cost $10.03 Unrealized +3.9%

MNYWW MONEYHERO LIMITED 0.0%

Value ($000) $1 Shares 23,200 Est. Cost $0.07 Unrealized —

EVAC EQV VENTURES AC CORP. II 0.0%

Value ($000) $193 Shares 19,290 Est. Cost $9.94 Unrealized +0.7%

CEPO CANTOR EQUITY PARTNERS I INC 0.1%

Value ($000) $312 Shares 30,000 Est. Cost $10.11 Unrealized +3.4%

CAEP CANTOR EQUITY PARTNERS III I 0.0%

Value ($000) $102 Shares 10,000 Est. Cost $10.53 Unrealized -1.5%

PACH PIONEER ACQUISITION I CORP 0.0%

Value ($000) $101 Shares 10,000 Est. Cost $9.95 Unrealized +1.2%

PAII PYROPHYTE ACQUISITION CORP. 0.0%

Value ($000) $101 Shares 10,000 Est. Cost $9.94 Unrealized +1.3%

ASHR DBX ETF TR 0.0%

Value ($000) $246 Shares 7,500 Est. Cost $27.54 Unrealized —

CEPF CANTOR EQUITY PARTNERS IV IN 0.0%

Value ($000) $103 Shares 10,000 Est. Cost $10.15 Unrealized +2.4%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.7%

Value ($000) $4,312 Shares 8,578 Est. Cost $308.18 Unrealized +61.4%

WENN WEN ACQUISITION CORP 0.0%

Value ($000) $253 Shares 25,000 Est. Cost $10.20 Unrealized -0.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY & CO	8,750	$9,403	1.6%	$474.83	+101.2%	COM	532457108
AMZN	AMAZON COM INC	155,001	$35,777	5.9%	$128.70	+77.8%	COM	023135106
HD	HOME DEPOT INC	23,767	$8,178	1.4%	$131.52	+177.2%	COM	437076102
WMT	WALMART INC	114,267	$12,730	2.1%	$63.98	+67.5%	COM	931142103
AAPL	APPLE INC	26,337	$7,160	1.2%	$156.03	+72.0%	COM	037833100
V	VISA INC	45,403	$15,923	2.6%	$90.36	+276.7%	COM CL A	92826C839
PH	PARKER-HANNIFIN CORP	2,627	$2,309	0.4%	$574.10	+42.4%	COM	701094104
GBTC	GRAYSCALE BITCOIN TRUST ETF	13,250	$906	0.2%	$63.17	—	SHS REP COM UT	389637109
C	CITIGROUP INC	17,605	$2,054	0.3%	$73.98	+40.1%	COM NEW	172967424
COST	COSTCO WHSL CORP NEW	3,485	$3,005	0.5%	$471.31	+92.2%	COM	22160K105
MDLZ	MONDELEZ INTL INC	22,402	$1,206	0.2%	$48.05	+18.7%	CL A	609207105
TJX	TJX COS INC NEW	21,100	$3,241	0.5%	$107.07	+38.0%	COM	872540109
GS	GOLDMAN SACHS GROUP INC	1,900	$1,670	0.3%	$581.72	+39.8%	COM	38141G104
PAM	PAMPA ENERGIA S A	5,000	$443	0.1%	$70.34	—	SPONS ADR LVL I	697660207
GTX	GARRETT MOTION INC	35,000	$610	0.1%	$7.94	+100.5%	COM	366505105
LFT	LUMENT FINANCE TRUST INC	200,000	$282	0.0%	$2.96	—	COM	55025L108
GRAB	GRAB HOLDINGS LIMITED	105,000	$524	0.1%	$3.57	+54.6%	CLASS A ORD	G4124C109
JBIO	JADE BIOSCIENCES INC	15,756	$243	0.0%	$33.31	-64.8%	COM NEW	008064206
VNM	VANECK ETF TRUST	86,000	$1,641	0.3%	$12.62	—	VANECK VIETNAM	92189F817
BATRA	ATLANTA BRAVES HLDGS INC	31,847	$1,353	0.2%	$42.37	+1.4%	COM SER A	047726104
SPGI	S&P GLOBAL INC	2,450	$1,280	0.2%	$496.65	-0.5%	COM	78409V104
SMH	VANECK ETF TRUST	2,500	$900	0.1%	$174.87	—	SEMICONDUCTR ETF	92189F676
NN	NEXTNAV INC	35,000	$582	0.1%	$2.68	+430.2%	COMMON STOCK	65345N106
JNJ	JOHNSON & JOHNSON	3,514	$727	0.1%	$122.22	+61.2%	COM	478160104
MTUM	ISHARES TR	11,300	$2,829	0.5%	$240.32	—	MSCI USA MMENTM	46432F396
SYK	STRYKER CORPORATION	3,690	$1,297	0.2%	$378.05	-3.9%	COM	863667101
WH	WYNDHAM HOTELS & RESORTS INC	14,000	$1,058	0.2%	$72.78	+3.6%	COM	98311A105
KB	KB FINL GROUP INC	17,500	$1,506	0.2%	$43.90	—	SPONSORED ADR	48241A105
JPM	JPMORGAN CHASE & CO.	6,925	$2,231	0.4%	$206.74	+49.7%	COM	46625H100
HE	HAWAIIAN ELEC INDUSTRIES	36,886	$454	0.1%	$12.39	-6.5%	COM	419870100
VALE	VALE S A	16,500	$215	0.0%	$9.71	—	SPONSORED ADS	91912E105
RSG	REPUBLIC SVCS INC	2,000	$424	0.1%	$233.28	-8.0%	COM	760759100
BAP	CREDICORP LTD	1,620	$465	0.1%	$144.97	+82.6%	COM	G2519Y108
MA	MASTERCARD INCORPORATED	12,364	$7,058	1.2%	$103.11	+442.1%	CL A	57636Q104
LNSR	LENSAR INC	32,500	$378	0.1%	$13.50	-15.5%	COM	52634L108
GRAF	GRAF GLOBAL CORP	100,000	$1,076	0.2%	$9.99	+6.7%	ORD SHS CL A	G4036C106
CHT	CHUNGHWA TELECOM CO LTD	10,398	$434	0.1%	$32.11	—	SPON ADR NEW11	17133Q502
BLUW	BLUE WTR ACQUISITION CORP. I	50,000	$516	0.1%	$9.97	+1.6%	ORD SHS CL A	G1368E106
VACH	VOYAGER ACQUISITION CORP	100,000	$1,067	0.2%	$10.02	+5.0%	CL A	G93A7H104
RSP	INVESCO EXCHANGE TRADED FD T	9,317	$1,785	0.3%	$174.72	—	S&P500 EQL WGT	46137V357
CEG	CONSTELLATION ENERGY CORP	650	$230	0.0%	$263.84	+37.7%	COM	21037T109
IBN	ICICI BANK LIMITED	35,500	$1,058	0.2%	$14.78	—	ADR	45104G104
VTI	VANGUARD INDEX FDS	1,983	$665	0.1%	$102.51	—	TOTAL STK MKT	922908769
FMX	FOMENTO ECONOMICO MEXICANO S	5,500	$556	0.1%	$90.19	—	SPON ADR UNITS	344419106
TACH	TITAN ACQUISITION CORP	100,000	$1,025	0.2%	$10.05	+1.7%	CL A	G8901A103
MACI	MELAR ACQUISITION CORP. I	100,000	$1,063	0.2%	$9.98	+6.0%	SHS CL A	G6004G100
CUB	LIONHEART HOLDINGS	100,000	$1,063	0.2%	$10.00	+6.0%	SHS CL A	G5501C109
SZZL	SIZZLE ACQUISITION CORP. II	150,000	$1,524	0.3%	$9.98	+1.7%	USD CL A ORD SHS	G8193F109
PBR/A	PETROLEO BRASILEIRO SA PETRO	20,750	$234	0.0%	$13.70	—	SP ADR NON VTG	71654V101
XLI	SELECT SECTOR SPDR TR	12,250	$1,900	0.3%	$107.32	—	STATE STREET IND	81369Y704
SOUL	SOULPOWER ACQUISITION CORP	150,000	$1,523	0.3%	$9.97	+1.8%	USD CL A ORD SHS	G82745103
CCIX	CHURCHILL CAPITAL CORP IX	70,000	$744	0.1%	$10.02	+6.2%	CL A SHS	G21301109
ALF	CENTURION ACQUISITION CORP	100,000	$1,065	0.2%	$9.99	+6.2%	SHS CL A	G20315100
AEXA	AMERICAN EXCEPTIONALISM ACQU	20,000	$228	0.0%	$10.77	+4.2%	ORD CL A	G0273J101
LPAA	LAUNCH ONE ACQUISITION CORP	100,000	$1,059	0.2%	$9.97	+5.7%	SHS CLASS A	G5S86M100
BEAG	BOLD EAGLE ACQUISITION CORP	50,000	$529	0.1%	$9.86	+8.0%	CL A	G2003N105
MTB	M & T BK CORP	2,000	$403	0.1%	$136.01	+39.8%	COM	55261F104
CVX	CHEVRON CORP NEW	2,650	$404	0.1%	$137.80	+9.9%	COM	166764100
NPAC	NEW PROVIDENCE ACQUISITION C	75,000	$770	0.1%	$10.35	-0.9%	USD CL A ORD SHS	G6476A102
FERA	FIFTH ERA ACQUISITION CORP I	50,000	$515	0.1%	$10.05	+2.8%	ORD SHS CL A	G3415K101
RTAC	RENATUS TACTICAL ACQUIS	25,000	$267	0.0%	$11.48	-5.0%	SHS CL A	G7490F101
VCIC	VINE HILL CAP INVT CORP.	100,000	$1,077	0.2%	$10.00	+9.5%	ORD SHS CL A	G93Y09107
SIMO	SILICON MOTION TECHNOLOGY CO	2,750	$255	0.0%	$52.51	—	SPONSORED ADR	82706C108
AXIN	AXIOM INTELLIGENCE AC CORP 1	50,000	$503	0.1%	$9.97	+0.8%	ORD SHS CL A	G0750N104
FTW	EQV VENTURES ACQUISITION COR	50,000	$525	0.1%	$9.93	+5.2%	CL A ORD SHS	G3106N109
RANG	RANGE CAP ACQUISITION CORP	50,000	$521	0.1%	$9.99	+4.9%	ORD SHS	G7375C108
SIMA	SIM ACQUISITION CORP. I	100,000	$1,059	0.2%	$9.98	+5.8%	SHS CL A	G8431T101
SOCA	SOLARIUS CAPITAL ACQU CORP	50,000	$503	0.1%	$9.98	+1.0%	SHS CL A	G82617104
LPBB	LAUNCH TWO ACQUISITION CORP.	150,000	$1,572	0.3%	$9.95	+5.3%	ORD SHS CL A	G5S87A105
BACC	BLUE ACQUISITION CORP.	20,000	$204	0.0%	$9.98	+1.7%	ORD SHS CL A	G1331A108
RDAG	REPUBLIC DIGITAL ACQUISITION	50,000	$506	0.1%	$10.33	-0.8%	USD CL A ORD SHS	G7515A103
MBAV	M3BRIGADE ACQUISITION V CORP	50,000	$532	0.1%	$9.99	+6.2%	CL A	G63212107
OBA	OXLEY BRIDGE ACQ LTD	25,000	$252	0.0%	$9.94	+0.8%	USD CL A ORD SHS	G6858G107
MNY	MONEYHERO LIMITED	22,000	$28	0.0%	$2.20	-40.3%	ORD SHS	G6202B101
IPCX	INFLECTION PT ACQUISITION CO	50,000	$507	0.1%	$10.21	-0.5%	CL A ORD SHS	G47875102
OYSE	OYSTER ENTERPRISES II ACQUIS	50,000	$504	0.1%	$10.01	+0.6%	ORD SHS CL A	G6861F104
DGRW	WISDOMTREE TR	6,300	$563	0.1%	$38.20	—	US QTLY DIV GRT	97717X669
GRNY	TIDAL TRUST I	10,600	$262	0.0%	$24.99	—	FUNDSTRAT GRANNY	886364231
TVAI	THAYER VENTURES ACQ CORP II	25,000	$253	0.0%	$10.02	+0.7%	CL A	G87890102
SPEG	SILVER PEGASUS ACQUISITION C	25,000	$252	0.0%	$9.96	+0.9%	SHS CL A	G8192J102
HYAC	HAYMAKER ACQUISITION CORP IV	50,000	$569	0.1%	$10.17	+11.3%	CLASS A	G4375F108
JENA	JENA ACQUISITION CORP II	100,000	$1,017	0.2%	$10.14	+0.6%	USD CL A ORD SHS	G5093B105
ALDF	ALDEL FINL II INC	50,000	$525	0.1%	$9.92	+5.8%	CL A	G01558108
TOTL	SSGA ACTIVE ETF TR	5,400	$217	0.0%	$49.26	—	STATE STREET DOU	78467V848
JACS	JACKSON ACQUISITION CO II	40,000	$417	0.1%	$10.03	+3.9%	COM SHS CL A	G4992A110
MNYWW	MONEYHERO LIMITED	23,200	$1	0.0%	$0.07	—	*W EXP 09/13/202	G6202B119
EVAC	EQV VENTURES AC CORP. II	19,290	$193	0.0%	$9.94	+0.7%	ORD SHS CL A	G3106Q102
CEPO	CANTOR EQUITY PARTNERS I INC	30,000	$312	0.1%	$10.11	+3.4%	SHS CL A	G1827K107
CAEP	CANTOR EQUITY PARTNERS III I	10,000	$102	0.0%	$10.53	-1.5%	SHS CL A	G1828A108
PACH	PIONEER ACQUISITION I CORP	10,000	$101	0.0%	$9.95	+1.2%	CL A ORD SHS	G7117W107
PAII	PYROPHYTE ACQUISITION CORP.	10,000	$101	0.0%	$9.94	+1.3%	CL A SHS	G7309T102
ASHR	DBX ETF TR	7,500	$246	0.0%	$27.54	—	XTRACK HRVST CSI	233051879
CEPF	CANTOR EQUITY PARTNERS IV IN	10,000	$103	0.0%	$10.15	+2.4%	SHS CL A	G1828E100
BRK/B	BERKSHIRE HATHAWAY INC DEL	8,578	$4,312	0.7%	$308.18	+61.4%	CL B NEW	084670702
WENN	WEN ACQUISITION CORP	25,000	$253	0.0%	$10.20	-0.2%	COM CL A	G9R39C103