Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ALKT	ALKAMI TECHNOLOGY INC	600,284	$10.88M	1.7%	—	—	COM	01644J108
CELC	CELCUITY INC	64,110	$6.707M	1.1%	—	—	COM	15102K100
RARE	ULTRAGENYX PHARMACEUTICAL IN	100,000	$3.339M	0.5%	—	—	CALL	90400D108
SLN	SILENCE THERAPEUTICS PLC	300,000	$3.294M	0.5%	—	—	CALL	82686Q101
CUE	CUE BIOPHARMA INC	93,819	$2.961M	0.5%	—	—	COM	22978P205
ACRS	ACLARIS THERAPEUTICS INC	400,000	$2.116M	0.3%	—	—	COM	00461U105
AGIO	AGIOS PHARMACEUTICALS INC	50,000	$1.855M	0.3%	—	—	CALL	00847X104
GLUE	MONTE ROSA THERAPEUTICS INC	56,052	$1.356M	0.2%	—	—	COM	61225M102
TENX	TENAX THERAPEUTICS INC	75,100	$1.093M	0.2%	—	—	CALL	88032L605
AMLX	AMYLYX PHARMACEUTICALS INC	8,500	$153K	0.0%	—	—	CALL	03237H101

Increased Positions (16)

PATH UIPATH INC 53.0%

Value $336M (+20.2%) Shares 30,950,000 (+22.8%) Est. Cost — Unrealized —

DFTX DEFINIUM THERAPEUTICS INC 2.1%

Value $13.5M (+257.2%) Shares 286,990 (+43.5%) Est. Cost — Unrealized —

RLAY RELAY THERAPEUTICS INC 1.7%

Value $10.67M (+490.7%) Shares 570,311 (+214.1%) Est. Cost — Unrealized —

MBX MBX BIOSCIENCES INC 1.8%

Value $11.24M (+158.7%) Shares 203,543 (+39.9%) Est. Cost — Unrealized —

SLN SILENCE THERAPEUTICS PLC 1.3%

Value $8.392M (+152.7%) Shares 764,256 (+21.3%) Est. Cost — Unrealized —

IONS IONIS PHARMACEUTICALS INC 1.2%

Value $7.705M (+145.7%) Shares 97,173 (+132.7%) Est. Cost — Unrealized —

IMVT IMMUNOVANT INC 1.6%

Value $9.861M (+81.7%) Shares 255,934 (+17.1%) Est. Cost — Unrealized —

ALKS ALKERMES PLC 1.6%

Value $9.954M (+76.2%) Shares 189,979 (+18.9%) Est. Cost — Unrealized —

HRMY HARMONY BIOSCIENCES HLDGS IN 1.2%

Value $7.32M (+119.0%) Shares 201,036 (+68.5%) Est. Cost — Unrealized —

PHVS PHARVARIS N V 1.6%

Value $10.22M (+63.3%) Shares 295,627 (+33.4%) Est. Cost — Unrealized —

DYN DYNE THERAPEUTICS INC 1.2%

Value $7.921M (+69.3%) Shares 356,657 (+38.2%) Est. Cost — Unrealized —

ARWR ARROWHEAD PHARMACEUTICALS IN 1.7%

Value $10.64M (+33.4%) Shares 130,484 (+2.6%) Est. Cost — Unrealized —

KPTI KARYOPHARM THERAPEUTICS INC 0.4%

Value $2.445M (+778.1%) Shares 250,300 (+400.6%) Est. Cost — Unrealized —

AGIO AGIOS PHARMACEUTICALS INC 1.2%

Value $7.629M (+36.8%) Shares 205,579 (+24.7%) Est. Cost — Unrealized —

ACAD ACADIA PHARMACEUTICALS INC 0.7%

Value $4.247M (+31.9%) Shares 167,875 (+16.1%) Est. Cost — Unrealized —

TECX TECTONIC THERAPEUTIC INC 0.3%

Value $1.599M (+37.6%) Shares 46,516 (+23.8%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PATH	UIPATH INC	30,950,000 (+22.8%)	$336M (+20.2%)	53.0%	—	—	CL A	90364P105
DFTX	DEFINIUM THERAPEUTICS INC	286,990 (+43.5%)	$13.5M (+257.2%)	2.1%	—	—	COM SHS	24477V105
RLAY	RELAY THERAPEUTICS INC	570,311 (+214.1%)	$10.67M (+490.7%)	1.7%	—	—	COM	75943R102
MBX	MBX BIOSCIENCES INC	203,543 (+39.9%)	$11.24M (+158.7%)	1.8%	—	—	COM	55287L101
SLN	SILENCE THERAPEUTICS PLC	764,256 (+21.3%)	$8.392M (+152.7%)	1.3%	—	—	ADS	82686Q101
IONS	IONIS PHARMACEUTICALS INC	97,173 (+132.7%)	$7.705M (+145.7%)	1.2%	—	—	COM	462222100
IMVT	IMMUNOVANT INC	255,934 (+17.1%)	$9.861M (+81.7%)	1.6%	—	—	COM	45258J102
ALKS	ALKERMES PLC	189,979 (+18.9%)	$9.954M (+76.2%)	1.6%	—	—	SHS	G01767105
HRMY	HARMONY BIOSCIENCES HLDGS IN	201,036 (+68.5%)	$7.32M (+119.0%)	1.2%	—	—	COM	413197104
PHVS	PHARVARIS N V	295,627 (+33.4%)	$10.22M (+63.3%)	1.6%	—	—	COM	N69605108
DYN	DYNE THERAPEUTICS INC	356,657 (+38.2%)	$7.921M (+69.3%)	1.2%	—	—	COM	26818M108
ARWR	ARROWHEAD PHARMACEUTICALS IN	130,484 (+2.6%)	$10.64M (+33.4%)	1.7%	—	—	COM	04280A100
KPTI	KARYOPHARM THERAPEUTICS INC	250,300 (+400.6%)	$2.445M (+778.1%)	0.4%	—	—	CALL	48576U205
AGIO	AGIOS PHARMACEUTICALS INC	205,579 (+24.7%)	$7.629M (+36.8%)	1.2%	—	—	COM	00847X104
ACAD	ACADIA PHARMACEUTICALS INC	167,875 (+16.1%)	$4.247M (+31.9%)	0.7%	—	—	COM	004225108
TECX	TECTONIC THERAPEUTIC INC	46,516 (+23.8%)	$1.599M (+37.6%)	0.3%	—	—	COM	878972108

Exited Positions (7)

PRAX PRAXIS PRECISION MEDICINES I 0.8%

Value $5.14M Shares 15,952 Est. Cost — Unrealized —

SLNO SOLENO THERAPEUTICS INC 0.5%

Value $3.419M Shares 102,125 Est. Cost — Unrealized —

AXSM AXSOME THERAPEUTICS INC. 0.5%

Value $3.39M Shares 20,059 Est. Cost — Unrealized —

MPLT MAPLIGHT THERAPEUTICS INC 0.4%

Value $2.279M Shares 112,115 Est. Cost — Unrealized —

AARD AARDVARK THERAPEUTICS INC 0.2%

Value $1.194M Shares 316,621 Est. Cost — Unrealized —

RARE ULTRAGENYX PHARMACEUTICAL IN 0.1%

Value $827K Shares 39,473 Est. Cost — Unrealized —

KPTI KARYOPHARM THERAPEUTICS INC 0.0%

Value $295K Shares 52,984 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PRAX	PRAXIS PRECISION MEDICINES I	15,952	$5.14M	0.8%	—	—	—	74006W207
SLNO	SOLENO THERAPEUTICS INC	102,125	$3.419M	0.5%	—	—	—	834203309
AXSM	AXSOME THERAPEUTICS INC.	20,059	$3.39M	0.5%	—	—	—	05464T104
MPLT	MAPLIGHT THERAPEUTICS INC	112,115	$2.279M	0.4%	—	—	—	56565P103
AARD	AARDVARK THERAPEUTICS INC	316,621	$1.194M	0.2%	—	—	—	002942100
RARE	ULTRAGENYX PHARMACEUTICAL IN	39,473	$827K	0.1%	—	—	—	90400D108
KPTI	KARYOPHARM THERAPEUTICS INC	52,984	$295K	0.0%	—	—	—	48576U205

Decreased Positions (5)

WBD WARNER BROS DISCOVERY INC 1.0%

Value $6.665M (-73.7%) Shares 250,000 (-72.9%) Est. Cost — Unrealized —

NKTR NEKTAR THERAPEUTICS 1.0%

Value $6.073M (-18.1%) Shares 86,996 (-15.6%) Est. Cost — Unrealized —

AMLX AMYLYX PHARMACEUTICALS INC 0.8%

Value $5.351M (+21.1%) Shares 297,926 (-6.3%) Est. Cost — Unrealized —

CLDX CELLDEX THERAPEUTICS INC NEW 1.7%

Value $10.81M (+9.1%) Shares 290,441 (-7.0%) Est. Cost — Unrealized —

ANNX ANNEXON INC 1.1%

Value $7.094M (-0.9%) Shares 1,242,455 (-3.9%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WBD	WARNER BROS DISCOVERY INC	250,000 (-72.9%)	$6.665M (-73.7%)	1.0%	—	—	COM SER A	934423104
NKTR	NEKTAR THERAPEUTICS	86,996 (-15.6%)	$6.073M (-18.1%)	1.0%	—	—	COM NEW	640268306
AMLX	AMYLYX PHARMACEUTICALS INC	297,926 (-6.3%)	$5.351M (+21.1%)	0.8%	—	—	COM	03237H101
CLDX	CELLDEX THERAPEUTICS INC NEW	290,441 (-7.0%)	$10.81M (+9.1%)	1.7%	—	—	COM NEW	15117B202
ANNX	ANNEXON INC	1,242,455 (-3.9%)	$7.094M (-0.9%)	1.1%	—	—	COM	03589W102

Unchanged Positions (8)

KGEI KOLIBRI GLOBAL ENERGY INC 5.3%

Value $33.85M Shares 6,834,504 Est. Cost — Unrealized —

WK WORKIVA INC 1.9%

Value $12.13M Shares 250,000 Est. Cost — Unrealized —

AXSM AXSOME THERAPEUTICS INC. 1.3%

Value $8.567M Shares 35,000 Est. Cost — Unrealized —

KRYS KRYSTAL BIOTECH INC 1.2%

Value $7.31M Shares 19,668 Est. Cost — Unrealized —

AUTL AUTOLUS THERAPEUTICS LTD 2.4%

Value $15.2M Shares 9,500,000 Est. Cost — Unrealized —

CXM SPRINKLR INC 1.8%

Value $11.35M Shares 2,200,000 Est. Cost — Unrealized —

LYFT LYFT INC 2.3%

Value $14.61M Shares 1,000,000 Est. Cost — Unrealized —

SNOW SNOWFLAKE INC 0.4%

Value $2.545M Shares 10,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
KGEI	KOLIBRI GLOBAL ENERGY INC	6,834,504	$33.85M	5.3%	—	—	COM NEW	50043K406
WK	WORKIVA INC	250,000	$12.13M	1.9%	—	—	COM CL A	98139A105
AXSM	AXSOME THERAPEUTICS INC.	35,000	$8.567M	1.3%	—	—	CALL	05464T104
KRYS	KRYSTAL BIOTECH INC	19,668	$7.31M	1.2%	—	—	COM	501147102
AUTL	AUTOLUS THERAPEUTICS LTD	9,500,000	$15.2M	2.4%	—	—	SPON ADS	05280R100
CXM	SPRINKLR INC	2,200,000	$11.35M	1.8%	—	—	CL A	85208T107
LYFT	LYFT INC	1,000,000	$14.61M	2.3%	—	—	CL A COM	55087P104
SNOW	SNOWFLAKE INC	10,000	$2.545M	0.4%	—	—	COM SHS	833445109