Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DVN	DEVON ENERGY CORP NEW	225,000	$9.297M	3.9%	—	—	CALL	25179M103
IBM	INTERNATIONAL BUSINESS MACHS	25,000	$7.03M	3.0%	—	—	COM	459200101
COMP	COMPASS INC	550,000	$6.782M	2.9%	—	—	CL A	20464U100
FLO	FLOWERS FOODS INC	730,000	$5.767M	2.4%	—	—	COM	343498101
HRI	HERC HLDGS INC	38,000	$5.447M	2.3%	—	—	COM	42704L104
FIG	FIGMA INC	260,000	$4.703M	2.0%	—	—	CLASS A COM STK	316841105
DVN	DEVON ENERGY CORP NEW	97,000	$4.008M	1.7%	—	—	COM	25179M103
F	FORD MTR CO	285,000	$3.962M	1.7%	—	—	COM	345370860
CLX	CLOROX CO DEL	40,000	$3.818M	1.6%	—	—	COM	189054109
KEEL	KEEL INFRASTRUCTURE CORP	650,000	$3.731M	1.6%	—	—	COM SHS	486917107
RXT	RACKSPACE TECHNOLOGY INC	530,000	$3.461M	1.5%	—	—	COM	750102105
GTLB	GITLAB INC	110,000	$3.358M	1.4%	—	—	CLASS A COM	37637K108
OSCR	OSCAR HEALTH INC	110,000	$3.137M	1.3%	—	—	CL A	687793109
POET	POET TECHNOLOGIES INC	260,000	$2.673M	1.1%	—	—	COM NEW	73044W302
GENI	GENIUS SPORTS LIMITED	440,000	$2.666M	1.1%	—	—	SHARES CL A	G3934V109
SOFI	SOFI TECHNOLOGIES INC	130,000	$2.331M	1.0%	—	—	COM	83406F102
ASTI	ASCENT SOLAR TECHNOLOGIES IN	370,000	$1.85M	0.8%	—	—	COM NEW	043635804
ONON	ON HLDG AG	40,000	$1.417M	0.6%	—	—	NAMEN AKT A	H5919C104
NUAI	NEW ERA ENERGY & DIGITAL INC	210,000	$1.34M	0.6%	—	—	CALL	64428N109
SMR	NUSCALE PWR CORP	130,000	$1.304M	0.5%	—	—	CL A COM	67079K100
RPD	RAPID7 INC	130,000	$1.053M	0.4%	—	—	COM	753422104
TROX	TRONOX HOLDINGS PLC	145,000	$914K	0.4%	—	—	CALL	G9087Q102
EBS	EMERGENT BIOSOLUTIONS INC	100,000	$838K	0.4%	—	—	COM	29089Q105
RXRX	RECURSION PHARMACEUTICALS IN	200,000	$734K	0.3%	—	—	CL A	75629V104
EVGO	EVGO INC	200,000	$382K	0.2%	—	—	CL A COM	30052F100

Increased Positions (18)

EOLS EVOLUS INC 2.2%

Value $5.344M (+91.1%) Shares 770,000 (+13.2%) Est. Cost — Unrealized —

NUAI NEW ERA ENERGY & DIGITAL INC 1.4%

Value $3.254M (+345.2%) Shares 510,000 (+183.3%) Est. Cost — Unrealized —

AMZN AMAZON COM INC 3.3%

Value $7.865M (+34.9%) Shares 33,000 (+17.9%) Est. Cost — Unrealized —

CARR CARRIER GLOBAL CORPORATION 2.3%

Value $5.575M (+43.5%) Shares 76,000 (+10.1%) Est. Cost — Unrealized —

IEP ICAHN ENTERPRISES LP 2.1%

Value $5.047M (+48.6%) Shares 700,000 (+55.6%) Est. Cost — Unrealized —

TOST TOAST INC 1.8%

Value $4.173M (+57.4%) Shares 150,000 (+50.0%) Est. Cost — Unrealized —

WEN WENDYS CO 2.0%

Value $4.725M (+44.7%) Shares 570,000 (+21.3%) Est. Cost — Unrealized —

PATH UIPATH INC 1.2%

Value $2.935M (+76.3%) Shares 270,000 (+80.0%) Est. Cost — Unrealized —

AMTM AMENTUM HOLDINGS INC 1.6%

Value $3.721M (+42.7%) Shares 180,000 (+80.0%) Est. Cost — Unrealized —

IHRT IHEARTMEDIA INC 0.9%

Value $2.102M (+80.0%) Shares 490,000 (+22.5%) Est. Cost — Unrealized —

VISN VISTANCE NETWORKS INC 2.3%

Value $5.495M (-13.7%) Shares 430,000 (+22.9%) Est. Cost — Unrealized —

SOC SABLE OFFSHORE CORP 0.3%

Value $739K (-44.1%) Shares 240,000 (+200.0%) Est. Cost — Unrealized —

LW LAMB WESTON HLDGS INC 1.5%

Value $3.541M (+16.4%) Shares 82,000 (+13.9%) Est. Cost — Unrealized —

MOS MOSAIC CO 2.1%

Value $5.033M (-8.2%) Shares 237,500 (+10.5%) Est. Cost — Unrealized —

PPTA PERPETUA RESOURCES CORP 1.6%

Value $3.841M (-8.9%) Shares 185,000 (+23.3%) Est. Cost — Unrealized —

CVI CVR ENERGY INC 2.8%

Value $6.665M (+5.4%) Shares 242,000 (+28.8%) Est. Cost — Unrealized —

ADNT ADIENT PLC 1.5%

Value $3.492M (-6.6%) Shares 190,000 (+2.7%) Est. Cost — Unrealized —

CLVT CLARIVATE PLC 0.5%

Value $1.145M (+0.6%) Shares 530,000 (+17.8%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EOLS	EVOLUS INC	770,000 (+13.2%)	$5.344M (+91.1%)	2.2%	—	—	COM	30052C107
NUAI	NEW ERA ENERGY & DIGITAL INC	510,000 (+183.3%)	$3.254M (+345.2%)	1.4%	—	—	COM	64428N109
AMZN	AMAZON COM INC	33,000 (+17.9%)	$7.865M (+34.9%)	3.3%	—	—	COM	023135106
CARR	CARRIER GLOBAL CORPORATION	76,000 (+10.1%)	$5.575M (+43.5%)	2.3%	—	—	COM	14448C104
IEP	ICAHN ENTERPRISES LP	700,000 (+55.6%)	$5.047M (+48.6%)	2.1%	—	—	DEPOSITARY UNIT	451100101
TOST	TOAST INC	150,000 (+50.0%)	$4.173M (+57.4%)	1.8%	—	—	CL A	888787108
WEN	WENDYS CO	570,000 (+21.3%)	$4.725M (+44.7%)	2.0%	—	—	COM	95058W100
PATH	UIPATH INC	270,000 (+80.0%)	$2.935M (+76.3%)	1.2%	—	—	CALL	90364P105
AMTM	AMENTUM HOLDINGS INC	180,000 (+80.0%)	$3.721M (+42.7%)	1.6%	—	—	CALL	023939101
IHRT	IHEARTMEDIA INC	490,000 (+22.5%)	$2.102M (+80.0%)	0.9%	—	—	COM CL A	45174J509
VISN	VISTANCE NETWORKS INC	430,000 (+22.9%)	$5.495M (-13.7%)	2.3%	—	—	COM	20337X109
SOC	SABLE OFFSHORE CORP	240,000 (+200.0%)	$739K (-44.1%)	0.3%	—	—	COM SHS	78574H104
LW	LAMB WESTON HLDGS INC	82,000 (+13.9%)	$3.541M (+16.4%)	1.5%	—	—	COM	513272104
MOS	MOSAIC CO	237,500 (+10.5%)	$5.033M (-8.2%)	2.1%	—	—	CALL	61945C103
PPTA	PERPETUA RESOURCES CORP	185,000 (+23.3%)	$3.841M (-8.9%)	1.6%	—	—	COM	714266103
CVI	CVR ENERGY INC	242,000 (+28.8%)	$6.665M (+5.4%)	2.8%	—	—	COM	12662P108
ADNT	ADIENT PLC	190,000 (+2.7%)	$3.492M (-6.6%)	1.5%	—	—	ORD SHS	G0084W101
CLVT	CLARIVATE PLC	530,000 (+17.8%)	$1.145M (+0.6%)	0.5%	—	—	ORD SHS	G21810109

Exited Positions (18)

GIL GILDAN ACTIVEWEAR INC 2.1%

Value $4.953M Shares 89,000 Est. Cost — Unrealized —

UBER UBER TECHNOLOGIES INC 2.1%

Value $4.891M Shares 68,000 Est. Cost — Unrealized —

W WAYFAIR INC 2.1%

Value $4.889M Shares 65,000 Est. Cost — Unrealized —

PATH UIPATH INC 1.7%

Value $3.996M Shares 360,000 Est. Cost — Unrealized —

PBF PBF ENERGY INC 1.6%

Value $3.81M Shares 80,000 Est. Cost — Unrealized —

DGX QUEST DIAGNOSTICS INC 1.5%

Value $3.528M Shares 18,000 Est. Cost — Unrealized —

DFTX DEFINIUM THERAPEUTICS INC 1.1%

Value $2.646M Shares 140,000 Est. Cost — Unrealized —

ZIM ZIM INTEGRATED SHIPPING SERV 1.1%

Value $2.635M Shares 100,000 Est. Cost — Unrealized —

VERA VERA THERAPEUTICS INC 1.1%

Value $2.615M Shares 65,000 Est. Cost — Unrealized —

TDOC TELADOC HEALTH INC 1.0%

Value $2.398M Shares 440,000 Est. Cost — Unrealized —

TREX TREX INC 0.8%

Value $2.003M Shares 55,000 Est. Cost — Unrealized —

CAVA CAVA GROUP INC 0.7%

Value $1.78M Shares 22,000 Est. Cost — Unrealized —

AMKR AMKOR TECHNOLOGY INC 0.7%

Value $1.666M Shares 37,000 Est. Cost — Unrealized —

GRAB GRAB HOLDINGS LIMITED 0.5%

Value $1.208M Shares 330,000 Est. Cost — Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.4%

Value $1.017M Shares 5,000 Est. Cost — Unrealized —

UAA UNDER ARMOUR INC 0.4%

Value $1.005M Shares 170,000 Est. Cost — Unrealized —

UMAC UNUSUAL MACHS INC 0.3%

Value $744K Shares 60,000 Est. Cost — Unrealized —

NVTS NAVITAS SEMICONDUCTOR CORP 0.2%

Value $439K Shares 50,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GIL	GILDAN ACTIVEWEAR INC	89,000	$4.953M	2.1%	—	—	—	375916103
UBER	UBER TECHNOLOGIES INC	68,000	$4.891M	2.1%	—	—	—	90353T100
W	WAYFAIR INC	65,000	$4.889M	2.1%	—	—	—	94419L101
PATH	UIPATH INC	360,000	$3.996M	1.7%	—	—	—	90364P105
PBF	PBF ENERGY INC	80,000	$3.81M	1.6%	—	—	CALL	69318G106
DGX	QUEST DIAGNOSTICS INC	18,000	$3.528M	1.5%	—	—	—	74834L100
DFTX	DEFINIUM THERAPEUTICS INC	140,000	$2.646M	1.1%	—	—	—	24477V105
ZIM	ZIM INTEGRATED SHIPPING SERV	100,000	$2.635M	1.1%	—	—	—	M9T951109
VERA	VERA THERAPEUTICS INC	65,000	$2.615M	1.1%	—	—	—	92337R101
TDOC	TELADOC HEALTH INC	440,000	$2.398M	1.0%	—	—	—	87918A105
TREX	TREX INC	55,000	$2.003M	0.8%	—	—	—	89531P105
CAVA	CAVA GROUP INC	22,000	$1.78M	0.7%	—	—	—	148929102
AMKR	AMKOR TECHNOLOGY INC	37,000	$1.666M	0.7%	—	—	—	031652100
GRAB	GRAB HOLDINGS LIMITED	330,000	$1.208M	0.5%	—	—	—	G4124C109
AMD	ADVANCED MICRO DEVICES INC	5,000	$1.017M	0.4%	—	—	—	007903107
UAA	UNDER ARMOUR INC	170,000	$1.005M	0.4%	—	—	—	904311107
UMAC	UNUSUAL MACHS INC	60,000	$744K	0.3%	—	—	—	91532F102
NVTS	NAVITAS SEMICONDUCTOR CORP	50,000	$439K	0.2%	—	—	—	63942X106

Decreased Positions (19)

FLEX FLEX LTD 4.0%

Value $9.562M (+89.7%) Shares 59,000 (-23.4%) Est. Cost — Unrealized —

CPNG COUPANG INC 0.7%

Value $1.737M (-68.3%) Shares 100,000 (-65.5%) Est. Cost — Unrealized —

RIG TRANSOCEAN LTD 0.9%

Value $2.152M (-59.9%) Shares 440,000 (-45.7%) Est. Cost — Unrealized —

AMTM AMENTUM HOLDINGS INC 1.3%

Value $3.1M (-50.5%) Shares 150,000 (-37.5%) Est. Cost — Unrealized —

TROX TRONOX HOLDINGS PLC 1.3%

Value $3.15M (-47.1%) Shares 500,000 (-18.0%) Est. Cost — Unrealized —

TALO TALOS ENERGY INC 1.6%

Value $3.744M (-41.8%) Shares 290,000 (-28.9%) Est. Cost — Unrealized —

RYAM RAYONIER ADVANCED MATLS INC 1.2%

Value $2.83M (-46.7%) Shares 360,000 (-25.0%) Est. Cost — Unrealized —

WOLF WOLFSPEED INC 2.2%

Value $5.308M (+80.7%) Shares 110,000 (-38.9%) Est. Cost — Unrealized —

PR PERMIAN RESOURCES CORP 2.1%

Value $4.971M (-25.0%) Shares 270,000 (-13.2%) Est. Cost — Unrealized —

VAL VALARIS LTD 1.6%

Value $3.703M (-28.7%) Shares 51,000 (-3.8%) Est. Cost — Unrealized —

GME GAMESTOP CORP 1.7%

Value $3.974M (-25.0%) Shares 180,000 (-21.7%) Est. Cost — Unrealized —

RKLB ROCKET LAB CORP 2.0%

Value $4.676M (+34.8%) Shares 46,000 (-14.8%) Est. Cost — Unrealized —

CBRL CRACKER BARREL OLD CTRY STOR 1.2%

Value $2.932M (+39.0%) Shares 55,000 (-26.7%) Est. Cost — Unrealized —

HZO MARINEMAX INC 1.7%

Value $4.008M (+18.3%) Shares 109,439 (-12.6%) Est. Cost — Unrealized —

WEN WENDYS CO 0.6%

Value $1.492M (-28.4%) Shares 180,000 (-40.0%) Est. Cost — Unrealized —

CNK CINEMARK HLDGS INC 1.5%

Value $3.49M (-9.3%) Shares 110,000 (-18.5%) Est. Cost — Unrealized —

C CITIGROUP INC 2.7%

Value $6.438M (+3.2%) Shares 46,000 (-16.4%) Est. Cost — Unrealized —

LUMN LUMEN TECHNOLOGIES INC 1.5%

Value $3.456M (-0.5%) Shares 450,000 (-10.0%) Est. Cost — Unrealized —

LTRX LANTRONIX INC 1.4%

Value $3.41M (+0.1%) Shares 580,000 (-10.8%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FLEX	FLEX LTD	59,000 (-23.4%)	$9.562M (+89.7%)	4.0%	—	—	ORD	Y2573F102
CPNG	COUPANG INC	100,000 (-65.5%)	$1.737M (-68.3%)	0.7%	—	—	CL A	22266T109
RIG	TRANSOCEAN LTD	440,000 (-45.7%)	$2.152M (-59.9%)	0.9%	—	—	REGISTERED SHS	H8817H100
AMTM	AMENTUM HOLDINGS INC	150,000 (-37.5%)	$3.1M (-50.5%)	1.3%	—	—	COM	023939101
TROX	TRONOX HOLDINGS PLC	500,000 (-18.0%)	$3.15M (-47.1%)	1.3%	—	—	SHS	G9087Q102
TALO	TALOS ENERGY INC	290,000 (-28.9%)	$3.744M (-41.8%)	1.6%	—	—	COM	87484T108
RYAM	RAYONIER ADVANCED MATLS INC	360,000 (-25.0%)	$2.83M (-46.7%)	1.2%	—	—	COM	75508B104
WOLF	WOLFSPEED INC	110,000 (-38.9%)	$5.308M (+80.7%)	2.2%	—	—	COMMON STOCK	97785W106
PR	PERMIAN RESOURCES CORP	270,000 (-13.2%)	$4.971M (-25.0%)	2.1%	—	—	CLASS A COM	71424F105
VAL	VALARIS LTD	51,000 (-3.8%)	$3.703M (-28.7%)	1.6%	—	—	CL A	G9460G101
GME	GAMESTOP CORP	180,000 (-21.7%)	$3.974M (-25.0%)	1.7%	—	—	CL A	36467W109
RKLB	ROCKET LAB CORP	46,000 (-14.8%)	$4.676M (+34.8%)	2.0%	—	—	COM	773121108
CBRL	CRACKER BARREL OLD CTRY STOR	55,000 (-26.7%)	$2.932M (+39.0%)	1.2%	—	—	COM	22410J106
HZO	MARINEMAX INC	109,439 (-12.6%)	$4.008M (+18.3%)	1.7%	—	—	COM	567908108
WEN	WENDYS CO	180,000 (-40.0%)	$1.492M (-28.4%)	0.6%	—	—	CALL	95058W100
CNK	CINEMARK HLDGS INC	110,000 (-18.5%)	$3.49M (-9.3%)	1.5%	—	—	COM	17243V102
C	CITIGROUP INC	46,000 (-16.4%)	$6.438M (+3.2%)	2.7%	—	—	COM NEW	172967424
LUMN	LUMEN TECHNOLOGIES INC	450,000 (-10.0%)	$3.456M (-0.5%)	1.5%	—	—	COM	550241103
LTRX	LANTRONIX INC	580,000 (-10.8%)	$3.41M (+0.1%)	1.4%	—	—	COM NEW	516548203

Unchanged Positions (2)

TDOC TELADOC HEALTH INC 1.0%

Value $2.442M Shares 288,000 Est. Cost — Unrealized —

CPNG COUPANG INC 1.9%

Value $4.516M Shares 260,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TDOC	TELADOC HEALTH INC	288,000	$2.442M	1.0%	—	—	CALL	87918A105
CPNG	COUPANG INC	260,000	$4.516M	1.9%	—	—	CALL	22266T109