Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LMND	LEMONADE I	925,496	$65.88M	0.6%	$62.79	+19.9%	—	52567D107
CRCL	Circle Internet Group Inc	95,659	$7.586M	0.1%	$103.35	-32.5%	—	172573107
UBER	Uber Technologies, Inc.	18,497	$1.511M	0.0%	$90.05	-12.6%	—	90353T100
COIN	Coinbase Global A	1,163	$263K	0.0%	$297.98	-32.7%	—	19260Q107

Decreased Positions (2)

TMUS T-MOBILE US 18.4%

Value $2.1B (-63.7%) Shares 10,000,000 (-64.9%) Est. Cost $121.04 Unrealized +65.5%

NMRA NEUMORA THERAPEUTICS INC. 0.1%

Value $11.88M (+3.2%) Shares 6,090,301 (-5.3%) Est. Cost $12.87 Unrealized -80.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TMUS	T-MOBILE US	10,000,000 (-64.9%)	$2.1B (-63.7%)	18.4%	$121.04	+65.5%	COM	872590104
NMRA	NEUMORA THERAPEUTICS INC.	6,090,301 (-5.3%)	$11.88M (+3.2%)	0.1%	$12.87	-80.9%	COM	640979100

Unchanged Positions (26)

INTC INTEL CORP 33.6%

Value $3.837B Shares 86,956,522 Est. Cost $24.23 Unrealized +91.6%

SYM SYMBOTIC INC 18.6%

Value $2.119B Shares 39,825,312 Est. Cost $28.57 Unrealized +112.4%

KLAR Klarna Group PLC 1.8%

Value $202M Shares 15,400,224 Est. Cost $42.59 Unrealized -44.9%

XXI TWENTY ONE CAP INC 5.0%

Value $570M Shares 89,106,748 Est. Cost $15.87 Unrealized -51.4%

WBTN WEBTOON ENTMT INC 2.5%

Value $289M Shares 31,432,480 Est. Cost $22.91 Unrealized -46.5%

TEM TEMPUS AI INC 2.1%

Value $244M Shares 5,405,406 Est. Cost $30.66 Unrealized +99.7%

TSM TAIWAN SEMICONDUCTOR MFG LTD 5.9%

Value $671M Shares 1,985,000 Est. Cost $166.00 Unrealized —

NU NU HLDGS L 2.2%

Value $256M Shares 17,842,116 Est. Cost $9.84 Unrealized +76.2%

CHYM CHIME FINL INC 0.8%

Value $94.91M Shares 5,067,336 Est. Cost $32.95 Unrealized -27.2%

INTR INTER & CO I 4.2%

Value $482M Shares 60,506,636 Est. Cost $2.91 Unrealized +204.7%

RXRX RECURSION PHARMACEUTICALS IN 0.4%

Value $41.86M Shares 13,636,515 Est. Cost $6.72 Unrealized -37.9%

PACB PACIFIC BIOSCIENCES CALIF IN 0.2%

Value $27M Shares 20,451,570 Est. Cost $1.95 Unrealized +3.6%

YMM FULL TRUCK ALLIANCE CO LTD 0.3%

Value $31.89M Shares 3,884,483 Est. Cost $11.19 Unrealized —

VTEX VTEX 1.3%

Value $154M Shares 38,434,587 Est. Cost $16.07 Unrealized -79.6%

SATL SATELLOGIC 0.1%

Value $14.05M Shares 2,582,645 Est. Cost $3.62 Unrealized —

ETOR eToro Group Ltd 0.2%

Value $23.9M Shares 795,996 Est. Cost $51.33 Unrealized -40.3%

BETR BETTER HOME & FINANCE HOLDIN 0.2%

Value $22.39M Shares 628,553 Est. Cost $13.71 Unrealized +131.2%

GSAT GLOBALSTAR INC 0.2%

Value $21.32M Shares 321,003 Est. Cost $24.21 Unrealized +153.9%

GWH ESS TECH IN 0.0%

Value $2.804M Shares 2,396,980 Est. Cost $9.06 Unrealized -81.4%

AFYA AFYA LTD 0.3%

Value $36.18M Shares 2,433,323 Est. Cost $16.36 Unrealized -10.4%

SEER SEER INC 0.1%

Value $8.627M Shares 5,135,383 Est. Cost $4.60 Unrealized -58.5%

QXO QXO INC 0.9%

Value $106M Shares 5,470,459 Est. Cost $29.17 Unrealized -17.2%

AMBQ AMBIQ MICRO INC 0.0%

Value $3.785M Shares 148,939 Est. Cost $36.46 Unrealized -13.6%

DDL DINGDONG CAYMAN LTD 0.0%

Value $2.699M Shares 1,050,000 Est. Cost $3.86 Unrealized —

CIGL CONCORDE INTL GROUP LTD 0.0%

Value $461K Shares 259,082 Est. Cost $4.50 Unrealized -56.7%

ABCL AbCellera Biologics Inc 0.0%

Value $1.205M Shares 345,161 Est. Cost $4.46 Unrealized -18.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
INTC	INTEL CORP	86,956,522	$3.837B	33.6%	$24.23	+91.6%	COM	458140100
SYM	SYMBOTIC INC	39,825,312	$2.119B	18.6%	$28.57	+112.4%	CLASS A COM	87151X101
KLAR	Klarna Group PLC	15,400,224	$202M	1.8%	$42.59	-44.9%	SHS	G5279N105
XXI	TWENTY ONE CAP INC	89,106,748	$570M	5.0%	$15.87	-51.4%	COM SHS CL A	90138L109
WBTN	WEBTOON ENTMT INC	31,432,480	$289M	2.5%	$22.91	-46.5%	COM	94845U105
TEM	TEMPUS AI INC	5,405,406	$244M	2.1%	$30.66	+99.7%	CL A	88023B103
TSM	TAIWAN SEMICONDUCTOR MFG LTD	1,985,000	$671M	5.9%	$166.00	—	SPONSORED ADS	874039100
NU	NU HLDGS L	17,842,116	$256M	2.2%	$9.84	+76.2%	ORD SHS CL	G6683N103
CHYM	CHIME FINL INC	5,067,336	$94.91M	0.8%	$32.95	-27.2%	COM SHS CL A	16935C109
INTR	INTER & CO I	60,506,636	$482M	4.2%	$2.91	+204.7%	CLASS A CO	G4R20B107
RXRX	RECURSION PHARMACEUTICALS IN	13,636,515	$41.86M	0.4%	$6.72	-37.9%	CL A	75629V104
PACB	PACIFIC BIOSCIENCES CALIF IN	20,451,570	$27M	0.2%	$1.95	+3.6%	COM	69404D108
YMM	FULL TRUCK ALLIANCE CO LTD	3,884,483	$31.89M	0.3%	$11.19	—	SPONSORED ADS	35969L108
VTEX	VTEX	38,434,587	$154M	1.3%	$16.07	-79.6%	SHS CL A	G9470A102
SATL	SATELLOGIC	2,582,645	$14.05M	0.1%	$3.62	—	COM CL A	80401C100
ETOR	eToro Group Ltd	795,996	$23.9M	0.2%	$51.33	-40.3%	SHS CL A	G32089107
BETR	BETTER HOME & FINANCE HOLDIN	628,553	$22.39M	0.2%	$13.71	+131.2%	COM NEW CL A	08774B508
GSAT	GLOBALSTAR INC	321,003	$21.32M	0.2%	$24.21	+153.9%	COM	378973507
GWH	ESS TECH IN	2,396,980	$2.804M	0.0%	$9.06	-81.4%	COM NEW	26916J205
AFYA	AFYA LTD	2,433,323	$36.18M	0.3%	$16.36	-10.4%	CL A COM	G01125106
SEER	SEER INC	5,135,383	$8.627M	0.1%	$4.60	-58.5%	COM CL A	81578P106
QXO	QXO INC	5,470,459	$106M	0.9%	$29.17	-17.2%	COM NEW	82846H405
AMBQ	AMBIQ MICRO INC	148,939	$3.785M	0.0%	$36.46	-13.6%	COMMON STOCK	023193105
DDL	DINGDONG CAYMAN LTD	1,050,000	$2.699M	0.0%	$3.86	—	ADS	25445D101
CIGL	CONCORDE INTL GROUP LTD	259,082	$461K	0.0%	$4.50	-56.7%	ORD SHS CL A	G2452S100
ABCL	AbCellera Biologics Inc	345,161	$1.205M	0.0%	$4.46	-18.0%	COM	00288U106