Fund 1 Investments, LLC Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RSP	INVESCO EXCHANGE TRADED FD T	350,000	$67,046	8.2%	—	—	CALL	46137V357
BRK/B	BERKSHIRE HATHAWAY INC DEL	100,000	$50,265	6.1%	—	—	PUT	084670702
SE	SEA LTD	79,000	$10,078	1.2%	$127.57	—	SPONSORED ADS	81141R100
TLN	TALEN ENERGY CORP	18,500	$6,935	0.8%	$388.68	0.0%	COM	87422Q109
TXRH	TEXAS ROADHOUSE INC	38,800	$6,441	0.8%	$168.76	0.0%	COM	882681109
WING	WINGSTOP INC	25,000	$5,962	0.7%	$247.68	0.0%	COM	974155103
LEG	LEGGETT & PLATT INC	444,596	$4,891	0.6%	$9.84	0.0%	COM	524660107
BURL	BURLINGTON STORES INC	11,900	$3,437	0.4%	$271.28	0.0%	COM	122017106
CAL	CALERES INC	214,811	$2,614	0.3%	$12.25	0.0%	COM	129500104
SPY	SPDR S&P 500 ETF TR	2,267	$1,546	0.2%	$681.92	—	TR UNIT	78462F103
CMG	CHIPOTLE MEXICAN GRILL INC	40,000	$1,480	0.2%	$36.17	0.0%	COM	169656105
SG	SWEETGREEN INC	200,000	$1,352	0.2%	$6.87	0.0%	COM CL A	87043Q108
CPNG	COUPANG INC	55,000	$1,297	0.2%	$28.45	0.0%	CL A	22266T109
PRMB	PRIMO BRANDS CORPORATION	65,000	$1,063	0.1%	$18.48	0.0%	CLASS A COM SHS	741623102
OLPX	OLAPLEX HLDGS INC	763,328	$1,023	0.1%	$1.19	0.0%	COM	679369108
TBBB	BBB FOODS INC	29,695	$992	0.1%	$29.90	0.0%	CL A COM	G0896C103
GRPN	GROUPON INC	35,000	$616	0.1%	$18.84	0.0%	COM NEW	399473206
WW	WW INTL INC	16,600	$485	0.1%	$27.95	0.0%	COM NEW	98262P200

Increased Positions (11)

CELH CELSIUS HLDGS INC 6.6%

Value ($000) $53,869 (+276.5%) Shares 1,177,720 (+373.3%) Est. Cost $49.07 Unrealized +2.7%

JMIA JUMIA TECHNOLOGIES AG 13.4%

Value ($000) $109,354 (+42.9%) Shares 8,755,298 (+32.9%) Est. Cost $10.36 Unrealized —

AMZN AMAZON COM INC 2.5%

Value ($000) $20,086 (+181.5%) Shares 87,020 (+167.8%) Est. Cost $227.88 Unrealized +0.4%

VFC V F CORP 1.3%

Value ($000) $10,465 (+806.5%) Shares 578,818 (+623.5%) Est. Cost $15.82 Unrealized +2.4%

LOCO EL POLLO LOCO HLDGS INC 1.0%

Value ($000) $7,794 (+216.4%) Shares 745,140 (+193.4%) Est. Cost $10.09 Unrealized +2.5%

GCO GENESCO INC 3.0%

Value ($000) $24,429 (-11.6%) Shares 986,241 (+3.5%) Est. Cost $34.07 Unrealized -15.8%

BABA ALIBABA GROUP HLDG LTD 0.6%

Value ($000) $5,174 (+71.3%) Shares 35,300 (+108.9%) Est. Cost $130.70 Unrealized —

BLMN BLOOMIN BRANDS INC 0.4%

Value ($000) $3,234 (+197.9%) Shares 524,140 (+246.2%) Est. Cost $7.25 Unrealized -3.9%

FOSL FOSSIL GROUP INC 0.3%

Value ($000) $2,414 (+310.7%) Shares 642,043 (+180.7%) Est. Cost $2.36 Unrealized +19.4%

PLAY DAVE & BUSTERS ENTMT INC 0.9%

Value ($000) $7,358 (-5.6%) Shares 453,909 (+5.8%) Est. Cost $25.75 Unrealized -35.0%

SIG SIGNET JEWELERS LIMITED 0.3%

Value ($000) $2,072 (-10.0%) Shares 25,000 (+4.2%) Est. Cost $67.31 Unrealized +41.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CELH	CELSIUS HLDGS INC	1,177,720 (+373.3%)	$53,869 (+276.5%)	6.6%	$49.07	+2.7%	COM NEW	15118V207
JMIA	JUMIA TECHNOLOGIES AG	8,755,298 (+32.9%)	$109,354 (+42.9%)	13.4%	$10.36	—	SPONSORED ADS	48138M105
AMZN	AMAZON COM INC	87,020 (+167.8%)	$20,086 (+181.5%)	2.5%	$227.88	+0.4%	COM	023135106
VFC	V F CORP	578,818 (+623.5%)	$10,465 (+806.5%)	1.3%	$15.82	+2.4%	COM	918204108
LOCO	EL POLLO LOCO HLDGS INC	745,140 (+193.4%)	$7,794 (+216.4%)	1.0%	$10.09	+2.5%	COM	268603107
GCO	GENESCO INC	986,241 (+3.5%)	$24,429 (-11.6%)	3.0%	$34.07	-15.8%	COM	371532102
BABA	ALIBABA GROUP HLDG LTD	35,300 (+108.9%)	$5,174 (+71.3%)	0.6%	$130.70	—	SPONSORED ADS	01609W102
BLMN	BLOOMIN BRANDS INC	524,140 (+246.2%)	$3,234 (+197.9%)	0.4%	$7.25	-3.9%	COM	094235108
FOSL	FOSSIL GROUP INC	642,043 (+180.7%)	$2,414 (+310.7%)	0.3%	$2.36	+19.4%	COM	34988V106
PLAY	DAVE & BUSTERS ENTMT INC	453,909 (+5.8%)	$7,358 (-5.6%)	0.9%	$25.75	-35.0%	COM	238337109
SIG	SIGNET JEWELERS LIMITED	25,000 (+4.2%)	$2,072 (-10.0%)	0.3%	$67.31	+41.1%	SHS	G81276100

Exited Positions (23)

— TILE SHOP HLDGS INC 9.5%

Value ($000) $77,797 Shares 12,859,012 Est. Cost $6.04 Unrealized —

MU MICRON TECHNOLOGY INC 4.1%

Value ($000) $33,464 Shares 200,000 Est. Cost $93.22 Unrealized +146.0%

CROX CROCS INC 2.0%

Value ($000) $16,646 Shares 199,230 Est. Cost $95.82 Unrealized -12.7%

RH RH 1.5%

Value ($000) $12,088 Shares 59,500 Est. Cost $303.90 Unrealized -43.7%

PCG PG&E CORP 1.0%

Value ($000) $8,128 Shares 539,000 Est. Cost $14.52 Unrealized +9.7%

EYE NATIONAL VISION HLDGS INC 0.9%

Value ($000) $7,262 Shares 248,800 Est. Cost $11.82 Unrealized +127.6%

NVRI ENVIRI CORP 0.8%

Value ($000) $6,345 Shares 500,000 Est. Cost $7.73 Unrealized +92.8%

SGHC SUPER GROUP SGHC LIMITED 0.8%

Value ($000) $6,198 Shares 469,549 Est. Cost $11.77 Unrealized +2.1%

TIGR UP FINTECH HLDG LTD 0.7%

Value ($000) $5,633 Shares 527,911 Est. Cost $10.67 Unrealized —

VRA VERA BRADLEY INC 0.7%

Value ($000) $5,594 Shares 2,783,155 Est. Cost $6.34 Unrealized -63.4%

MCD MCDONALDS CORP 0.6%

Value ($000) $5,075 Shares 16,700 Est. Cost $301.40 Unrealized +1.2%

TPB TURNING PT BRANDS INC 0.5%

Value ($000) $3,895 Shares 39,400 Est. Cost $90.53 Unrealized +8.0%

GAP GAP INC 0.4%

Value ($000) $3,315 Shares 155,000 Est. Cost $21.86 Unrealized +10.1%

EYE NATIONAL VISION HLDGS INC 0.4%

Value ($000) $3,211 Shares 110,000 Est. Cost $11.82 Unrealized +127.6%

MNRO MONRO INC 0.3%

Value ($000) $2,516 Shares 140,000 Est. Cost $16.41 Unrealized +12.2%

LTM LATAM AIRLINES GROUP SA 0.2%

Value ($000) $1,584 Shares 35,000 Est. Cost $45.25 Unrealized —

NKE NIKE INC 0.2%

Value ($000) $1,523 Shares 21,847 Est. Cost $73.79 Unrealized -12.0%

JOE ST JOE CO 0.1%

Value ($000) $1,071 Shares 21,649 Est. Cost $44.71 Unrealized +25.3%

ATI ATI INC 0.1%

Value ($000) $1,042 Shares 12,813 Est. Cost $81.04 Unrealized +20.3%

MIR MIRION TECHNOLOGIES INC 0.1%

Value ($000) $1,021 Shares 43,900 Est. Cost $21.62 Unrealized +15.4%

SIMO SILICON MOTION TECHNOLOGY CO 0.1%

Value ($000) $1,016 Shares 10,721 Est. Cost $94.81 Unrealized —

TGT TARGET CORP 0.1%

Value ($000) $897 Shares 10,000 Est. Cost $96.73 Unrealized -5.3%

PYPL PAYPAL HLDGS INC 0.1%

Value ($000) $671 Shares 10,000 Est. Cost $70.32 Unrealized -7.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	TILE SHOP HLDGS INC	12,859,012	$77,797	9.5%	$6.04	—	—	88677Q109
MU	MICRON TECHNOLOGY INC	200,000	$33,464	4.1%	$93.22	+146.0%	CALL	595112103
CROX	CROCS INC	199,230	$16,646	2.0%	$95.82	-12.7%	—	227046109
RH	RH	59,500	$12,088	1.5%	$303.90	-43.7%	—	74967X103
PCG	PG&E CORP	539,000	$8,128	1.0%	$14.52	+9.7%	—	69331C108
EYE	NATIONAL VISION HLDGS INC	248,800	$7,262	0.9%	$11.82	+127.6%	CALL	63845R107
NVRI	ENVIRI CORP	500,000	$6,345	0.8%	$7.73	+92.8%	CALL	415864107
SGHC	SUPER GROUP SGHC LIMITED	469,549	$6,198	0.8%	$11.77	+2.1%	—	G8588X103
TIGR	UP FINTECH HLDG LTD	527,911	$5,633	0.7%	$10.67	—	—	91531W106
VRA	VERA BRADLEY INC	2,783,155	$5,594	0.7%	$6.34	-63.4%	—	92335C106
MCD	MCDONALDS CORP	16,700	$5,075	0.6%	$301.40	+1.2%	—	580135101
TPB	TURNING PT BRANDS INC	39,400	$3,895	0.5%	$90.53	+8.0%	—	90041L105
GAP	GAP INC	155,000	$3,315	0.4%	$21.86	+10.1%	—	364760108
EYE	NATIONAL VISION HLDGS INC	110,000	$3,211	0.4%	$11.82	+127.6%	—	63845R107
MNRO	MONRO INC	140,000	$2,516	0.3%	$16.41	+12.2%	—	610236101
LTM	LATAM AIRLINES GROUP SA	35,000	$1,584	0.2%	$45.25	—	—	51817R205
NKE	NIKE INC	21,847	$1,523	0.2%	$73.79	-12.0%	—	654106103
JOE	ST JOE CO	21,649	$1,071	0.1%	$44.71	+25.3%	—	790148100
ATI	ATI INC	12,813	$1,042	0.1%	$81.04	+20.3%	—	01741R102
MIR	MIRION TECHNOLOGIES INC	43,900	$1,021	0.1%	$21.62	+15.4%	—	60471A101
SIMO	SILICON MOTION TECHNOLOGY CO	10,721	$1,016	0.1%	$94.81	—	—	82706C108
TGT	TARGET CORP	10,000	$897	0.1%	$96.73	-5.3%	—	87612E106
PYPL	PAYPAL HLDGS INC	10,000	$671	0.1%	$70.32	-7.8%	—	70450Y103

Decreased Positions (19)

JMIA JUMIA TECHNOLOGIES AG 0.8%

Value ($000) $6,245 (-82.1%) Shares 500,000 (-83.3%) Est. Cost $10.36 Unrealized —

BBWI BATH & BODY WORKS INC 0.8%

Value ($000) $6,755 (-78.6%) Shares 336,427 (-72.6%) Est. Cost $28.62 Unrealized -24.1%

FLWS 1 800 FLOWERS COM INC 2.6%

Value ($000) $21,063 (-51.9%) Shares 5,359,437 (-43.7%) Est. Cost $7.92 Unrealized -50.4%

SFIX STITCH FIX INC 0.9%

Value ($000) $7,570 (-72.8%) Shares 1,441,892 (-77.5%) Est. Cost $4.05 Unrealized +12.6%

NVRI ENVIRI CORP 9.4%

Value ($000) $76,959 (-19.4%) Shares 4,294,596 (-43.0%) Est. Cost $7.73 Unrealized +92.8%

AMD ADVANCED MICRO DEVICES INC 2.3%

Value ($000) $18,672 (-48.7%) Shares 87,185 (-61.2%) Est. Cost $155.54 Unrealized +44.4%

RDDT REDDIT INC 3.7%

Value ($000) $30,384 (-26.1%) Shares 132,181 (-26.1%) Est. Cost $140.27 Unrealized +49.9%

TPR TAPESTRY INC 1.7%

Value ($000) $13,628 (-32.7%) Shares 106,662 (-40.4%) Est. Cost $99.73 Unrealized +14.3%

DOCN DIGITALOCEAN HLDGS INC 2.2%

Value ($000) $18,014 (+38.4%) Shares 374,349 (-1.7%) Est. Cost $31.70 Unrealized +38.9%

MU MICRON TECHNOLOGY INC 1.5%

Value ($000) $12,558 (-28.3%) Shares 44,000 (-58.0%) Est. Cost $93.22 Unrealized +146.0%

BJRI BJS RESTAURANTS INC 0.1%

Value ($000) $525 (-88.0%) Shares 13,337 (-90.7%) Est. Cost $30.92 Unrealized +14.9%

BIDU BAIDU INC 0.3%

Value ($000) $2,787 (-55.5%) Shares 21,327 (-55.1%) Est. Cost $131.77 Unrealized —

JILL J JILL INC 0.9%

Value ($000) $7,390 (-23.1%) Shares 538,599 (-3.8%) Est. Cost $22.79 Unrealized -34.1%

TLYS TILLYS INC 2.0%

Value ($000) $16,036 (-4.8%) Shares 8,058,268 (-1.4%) Est. Cost $8.10 Unrealized -79.8%

SWIM LATHAM GROUP INC 0.1%

Value ($000) $1,112 (-41.7%) Shares 175,162 (-30.2%) Est. Cost $5.81 Unrealized +20.4%

FNKO FUNKO INC 2.2%

Value ($000) $17,846 (-4.2%) Shares 5,248,709 (-3.1%) Est. Cost $8.32 Unrealized -62.2%

PZZA PAPA JOHNS INTL INC 0.0%

Value ($000) $407 (-58.9%) Shares 10,581 (-48.6%) Est. Cost $44.95 Unrealized -3.6%

GOOS CANADA GOOSE HLDGS INC 0.2%

Value ($000) $1,767 (-8.5%) Shares 136,416 (-2.6%) Est. Cost $12.97 Unrealized +2.6%

AVBP ARRIVENT BIOPHARMA INC 1.4%

Value ($000) $11,385 (-0.4%) Shares 565,851 (-8.7%) Est. Cost $20.60 Unrealized +1.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JMIA	JUMIA TECHNOLOGIES AG	500,000 (-83.3%)	$6,245 (-82.1%)	0.8%	$10.36	—	CALL	48138M105
BBWI	BATH & BODY WORKS INC	336,427 (-72.6%)	$6,755 (-78.6%)	0.8%	$28.62	-24.1%	COM	070830104
FLWS	1 800 FLOWERS COM INC	5,359,437 (-43.7%)	$21,063 (-51.9%)	2.6%	$7.92	-50.4%	CL A	68243Q106
SFIX	STITCH FIX INC	1,441,892 (-77.5%)	$7,570 (-72.8%)	0.9%	$4.05	+12.6%	COM CL A	860897107
NVRI	ENVIRI CORP	4,294,596 (-43.0%)	$76,959 (-19.4%)	9.4%	$7.73	+92.8%	COM	415864107
AMD	ADVANCED MICRO DEVICES INC	87,185 (-61.2%)	$18,672 (-48.7%)	2.3%	$155.54	+44.4%	COM	007903107
RDDT	REDDIT INC	132,181 (-26.1%)	$30,384 (-26.1%)	3.7%	$140.27	+49.9%	CL A	75734B100
TPR	TAPESTRY INC	106,662 (-40.4%)	$13,628 (-32.7%)	1.7%	$99.73	+14.3%	COM	876030107
DOCN	DIGITALOCEAN HLDGS INC	374,349 (-1.7%)	$18,014 (+38.4%)	2.2%	$31.70	+38.9%	COM	25402D102
MU	MICRON TECHNOLOGY INC	44,000 (-58.0%)	$12,558 (-28.3%)	1.5%	$93.22	+146.0%	COM	595112103
BJRI	BJS RESTAURANTS INC	13,337 (-90.7%)	$525 (-88.0%)	0.1%	$30.92	+14.9%	COM	09180C106
BIDU	BAIDU INC	21,327 (-55.1%)	$2,787 (-55.5%)	0.3%	$131.77	—	SPON ADR REP A	056752108
JILL	J JILL INC	538,599 (-3.8%)	$7,390 (-23.1%)	0.9%	$22.79	-34.1%	COM	46620W201
TLYS	TILLYS INC	8,058,268 (-1.4%)	$16,036 (-4.8%)	2.0%	$8.10	-79.8%	CL A	886885102
SWIM	LATHAM GROUP INC	175,162 (-30.2%)	$1,112 (-41.7%)	0.1%	$5.81	+20.4%	COM	51819L107
FNKO	FUNKO INC	5,248,709 (-3.1%)	$17,846 (-4.2%)	2.2%	$8.32	-62.2%	COM CL A	361008105
PZZA	PAPA JOHNS INTL INC	10,581 (-48.6%)	$407 (-58.9%)	0.0%	$44.95	-3.6%	COM	698813102
GOOS	CANADA GOOSE HLDGS INC	136,416 (-2.6%)	$1,767 (-8.5%)	0.2%	$12.97	+2.6%	SHS SUB VTG	135086106
AVBP	ARRIVENT BIOPHARMA INC	565,851 (-8.7%)	$11,385 (-0.4%)	1.4%	$20.60	+1.0%	COM	04272N102

Unchanged Positions (5)

CTRN CITI TRENDS INC 13.1%

Value ($000) $106,954 Shares 2,573,486 Est. Cost $22.79 Unrealized +73.3%

CURV TORRID HLDGS INC 1.2%

Value ($000) $9,691 Shares 9,904,856 Est. Cost $5.54 Unrealized -76.9%

DXLG DESTINATION XL GROUP INC 0.6%

Value ($000) $5,295 Shares 5,758,261 Est. Cost $4.94 Unrealized -79.2%

PAR PAR TECHNOLOGY CORP 0.9%

Value ($000) $7,509 Shares 206,985 Est. Cost $50.48 Unrealized -28.5%

RKT ROCKET COS INC 0.4%

Value ($000) $3,291 Shares 170,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CTRN	CITI TRENDS INC	2,573,486	$106,954	13.1%	$22.79	+73.3%	COM	17306X102
CURV	TORRID HLDGS INC	9,904,856	$9,691	1.2%	$5.54	-76.9%	COM	89142B107
DXLG	DESTINATION XL GROUP INC	5,758,261	$5,295	0.6%	$4.94	-79.2%	COM	25065K104
PAR	PAR TECHNOLOGY CORP	206,985	$7,509	0.9%	$50.48	-28.5%	COM	698884103
RKT	ROCKET COS INC	170,000	$3,291	0.4%	—	—	CALL	77311W101