Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	695,000	$172M	3.0%	$241.96	—	PUT	464287655
—	LINDE PLC	309,512	$153M	2.7%	$495.76	—	COM	G5494J103
SPY	STATE STR SPDR S&P 500 ETF T	150,000	$97.55M	1.7%	—	—	PUT	78462F103
SPOT	SPOTIFY TECHNOLOGY S A	155,871	$75.58M	1.3%	$497.31	0.0%	SHS	L8681T102
PG	PROCTER & GAMBLE CO	433,750	$62.65M	1.1%	$151.77	0.0%	COM	742718109
MDLZ	MONDELEZ INTL INC	1,049,496	$60.49M	1.0%	$58.16	0.0%	CL A	609207105
V	VISA INC	194,000	$58.63M	1.0%	$329.17	0.0%	COM CL A	92826C839
CVNA	CARVANA CO	185,375	$58.28M	1.0%	$408.48	0.0%	COM	146869102
QQQ	INVESCO QQQ TR	100,000	$57.72M	1.0%	—	—	PUT	46090E103
—	ASML HOLDING NV-NY REG SHS	40,710	$53.77M	0.9%	$1320.83	—	COM	00B908F01
PFGC	PERFORMANCE FOOD GROUP CO	600,000	$51.4M	0.9%	$87.80	+7.1%	CALL	71377A103
TSM	TAIWAN SEMICONDUCTOR MANUFAC	144,465	$48.82M	0.8%	$337.95	—	SPONSORED ADS	874039100
UBER	UBER TECHNOLOGIES INC	578,270	$41.59M	0.7%	$78.72	0.0%	COM	90353T100
SGI	SOMNIGROUP INTERNATIONAL INC	535,500	$39.58M	0.7%	$91.97	0.0%	COM	88023U101
LNG	CHENIERE ENERGY INC	138,072	$39.18M	0.7%	$209.78	0.0%	COM NEW	16411R208
NFLX	NETFLIX INC.	363,670	$34.97M	0.6%	$83.84	0.0%	COM	64110L106
ESI	ELEMENT SOLUTIONS INC	950,000	$32.43M	0.6%	$21.53	+41.6%	PUT	28618M106
XRT	SPDR SERIES TRUST	400,000	$32.19M	0.6%	—	—	PUT	78464A714
VST	VISTRA CORP	210,000	$31.57M	0.5%	$163.18	0.0%	COM	92840M102
VST	VISTRA CORP	200,000	$30.07M	0.5%	$163.18	0.0%	PUT	92840M102
SMH	VANECK ETF TRUST	75,000	$28.75M	0.5%	—	—	PUT	92189F676
CE	CELANESE CORP DEL	400,000	$26.31M	0.5%	$49.52	0.0%	COM	150870103
RL	RALPH LAUREN CORP	75,000	$25.8M	0.4%	$312.47	+16.2%	CALL	751212101
RPM	RPM INTL INC	230,000	$22.86M	0.4%	$112.14	0.0%	COM	749685103
MA	MASTERCARD INCORPORATED	43,500	$21.74M	0.4%	$539.05	0.0%	CL A	57636Q104
ETN	EATON CORP PLC	60,000	$21.46M	0.4%	$341.50	+3.6%	PUT	G29183103
RTX	RTX CORPORATION	110,000	$21.22M	0.4%	$161.78	+21.5%	PUT	75513E101
CRH	CRH PLC	200,000	$21.02M	0.4%	$98.14	+26.7%	CALL	G25508105
CNR	CORE NATURAL RESOURCES INC	200,000	$20.95M	0.4%	$89.03	+4.2%	PUT	218937100
CEG	CONSTELLATION ENERGY CORP	75,000	$20.94M	0.4%	$283.65	+6.2%	CALL	21037T109
TSM	TAIWAN SEMICONDUCTOR MANUFAC	60,000	$20.28M	0.4%	$337.95	—	CALL	874039100
URBN	URBAN OUTFITTERS INC	300,000	$19M	0.3%	$71.42	0.0%	CALL	917047102
—	CONSTELLIUM SE	750,000	$18.43M	0.3%	$14.89	—	PUT	N22035104
—	SMURFIT WESTROCK PLC	440,000	$17.53M	0.3%	$39.85	—	COM	00BRK49M5
MWH	SOLV ENERGY INC	539,045	$16.19M	0.3%	$30.03	—	COM SHS CL A	78475V103
PKG	PACKAGING CORP AMER	75,000	$15.92M	0.3%	$211.51	+7.0%	PUT	695156109
URBN	URBAN OUTFITTERS INC	244,062	$15.46M	0.3%	$71.42	0.0%	COM	917047102
SYY	SYSCO CORP	215,000	$15.34M	0.3%	$82.24	0.0%	COM	871829107
XLE	SELECT SECTOR SPDR TR	250,000	$15.31M	0.3%	—	—	PUT	81369Y506
EWY	ISHARES INC	120,000	$14.76M	0.3%	$123.01	—	MSCI STH KOR ETF	464286772
NRG	NRG ENERGY INC	100,000	$14.61M	0.3%	$158.48	0.0%	COM NEW	629377508
UBER	UBER TECHNOLOGIES INC	200,000	$14.39M	0.2%	$78.72	0.0%	CALL	90353T100
VMI	VALMONT INDS INC	30,000	$11.99M	0.2%	$423.73	+5.9%	PUT	920253101
—	AMER SPORTS INC	350,000	$11.52M	0.2%	$38.54	—	CALL	00BN6TZY0
EL	LAUDER ESTEE COS INC	150,000	$10.77M	0.2%	$83.98	+33.2%	CALL	518439104
SITE	SITEONE LANDSCAPE SUPPLY INC	80,000	$10.65M	0.2%	$145.62	0.0%	COM	82982L103
NOVT	NOVANTA INC	90,000	$10.63M	0.2%	$135.74	0.0%	CALL	67000B104
—	JAMES HARDIE IND PLC	550,000	$10.42M	0.2%	$18.94	—	COM	47030M106
DOW	DOW HLDGS INC	250,000	$10.41M	0.2%	—	—	PUT	260557103
ESI	ELEMENT SOLUTIONS INC	300,000	$10.24M	0.2%	$21.53	+41.6%	CALL	28618M106
—	BRENNTAG SE	130,932	$8.669M	0.2%	$66.21	—	COM	00B4YVF56
SHOO	MADDEN STEVEN LTD	250,000	$8.48M	0.1%	$28.35	+47.3%	CALL	556269108
—	TE CONNECTIVITY PLC	40,000	$8.361M	0.1%	—	—	PUT	00BRC3N84
—	SPROTT PHYSICAL URANIUM TR	400,000	$8.079M	0.1%	—	—	PUT	00BNZKG52
EWG	ISHARES INC	200,000	$7.934M	0.1%	—	—	PUT	464286806
IEX	IDEX CORP	40,000	$7.582M	0.1%	$199.09	0.0%	PUT	45167R104
IEX	IDEX CORP	40,000	$7.582M	0.1%	$199.09	0.0%	COM	45167R104
—	GLENCORE PLC	1,000,000	$7.484M	0.1%	—	—	PUT	00B4T3BW6
ABNB	AIRBNB INC	58,800	$7.425M	0.1%	$129.40	0.0%	COM CL A	009066101
NOVT	NOVANTA INC	60,000	$7.087M	0.1%	$135.74	0.0%	PUT	67000B104
NOVT	NOVANTA INC	56,720	$6.699M	0.1%	$135.74	0.0%	COM	67000B104
CARR	CARRIER GLOBAL CORPORATION	111,466	$6.277M	0.1%	$59.66	0.0%	COM	14448C104
KRMN	KARMAN HLDGS INC	75,000	$6.004M	0.1%	$85.46	+12.5%	PUT	485924104
—	AMG CRITICAL MATERIALS N.V.	150,000	$5.899M	0.1%	$39.32	—	COM	00B1Z95S1
IEX	IDEX CORP	30,000	$5.686M	0.1%	$199.09	0.0%	CALL	45167R104
W	WAYFAIR INC	75,000	$5.641M	0.1%	$96.17	+3.4%	CALL	94419L101
CARR	CARRIER GLOBAL CORPORATION	100,000	$5.631M	0.1%	$59.66	0.0%	PUT	14448C104
CARR	CARRIER GLOBAL CORPORATION	100,000	$5.631M	0.1%	$59.66	0.0%	CALL	14448C104
AER	AERCAP HOLDINGS NV	40,000	$5.487M	0.1%	$145.79	0.0%	SHS	N00985106
AER	AERCAP HOLDINGS NV	40,000	$5.487M	0.1%	$145.79	0.0%	PUT	N00985106
—	ABONY ACQUISITION CORP I	550,000	$5.467M	0.1%	$9.94	—	COM	00BTY4SK6
XLY	SELECT SECTOR SPDR TR	50,000	$5.449M	0.1%	—	—	PUT	81369Y407
KSS	KOHLS CORP	400,000	$5.16M	0.1%	—	—	PUT	500255104
—	SPACE ASSET ACQUISITION CORP	500,000	$5.095M	0.1%	$10.19	—	COM	00BWRNCS7
—	VIX	200,000	$5.05M	0.1%	—	—	CALL	12497K100
ESAB	ESAB CORPORATION	50,000	$4.833M	0.1%	$123.42	0.0%	CALL	29605J106
ALM	ALMONTY INDS INC	325,000	$4.706M	0.1%	$11.89	0.0%	COM NEW	020398707
KMT	KENNAMETAL INC	125,000	$4.516M	0.1%	—	—	CALL	489170100
SUNB	SUNBELT RENTALS HOLDINGS INC	50,000	$3.255M	0.1%	—	—	CALL	866966104
BKR	BAKER HUGHES COMPANY	50,000	$3.053M	0.1%	$56.08	0.0%	CL A	05722G100
AN	AUTONATION INC	15,000	$2.929M	0.1%	$209.36	0.0%	COM	05329W102
ESAB	ESAB CORPORATION	30,000	$2.9M	0.1%	$123.42	0.0%	COM	29605J106
ESAB	ESAB CORPORATION	30,000	$2.9M	0.1%	$123.42	0.0%	PUT	29605J106
MSM	MSC INDL DIRECT INC	30,000	$2.768M	0.0%	$88.87	0.0%	PUT	553530106
MSM	MSC INDL DIRECT INC	30,000	$2.768M	0.0%	$88.87	0.0%	CL A	553530106
VSEC	VSE CORP	15,000	$2.766M	0.0%	$207.99	0.0%	COM	918284100
HON	HONEYWELL INTL INC	10,000	$2.26M	0.0%	$225.93	0.0%	COM	438516106
ETD	ETHAN ALLEN INTERIORS INC	100,000	$2.226M	0.0%	$23.55	0.0%	COM	297602104
TKR	TIMKEN CO	20,000	$2.011M	0.0%	$79.55	+23.7%	PUT	887389104
—	SPARTACUS ACQU CORP II	200,000	$2.007M	0.0%	$10.04	—	COM	00BSD5DN1
GPGI	GPGI INC	100,000	$1.71M	0.0%	$23.35	0.0%	COM CL A	20459V105
ATRO	ASTRONICS CORP	20,000	$1.335M	0.0%	$73.42	0.0%	COM	046433108
FSS	FEDERAL SIGNAL CORP	10,000	$1.081M	0.0%	$115.16	0.0%	COM	313855108
YSS	YORK SPACE SYSTEMS INC	32,932	$730K	0.0%	$22.17	—	COM	987084100

Increased Positions (63)

— LINDE PLC 1.8%

Value $102M (+77.0%) Shares 205,500 (+52.2%) Est. Cost $495.76 Unrealized —

XLI SELECT SECTOR SPDR TR 1.0%

Value $56.61M (+264.9%) Shares 350,000 (+250.0%) Est. Cost — Unrealized —

LNG CHENIERE ENERGY INC 0.7%

Value $42.56M (+775.8%) Shares 150,000 (+500.0%) Est. Cost $209.78 Unrealized 0.0%

ITT ITT INC 0.7%

Value $38.11M (+266.0%) Shares 200,000 (+233.3%) Est. Cost $148.84 Unrealized +28.0%

PH PARKER-HANNIFIN CORP 0.8%

Value $44.76M (+154.6%) Shares 50,000 (+150.0%) Est. Cost $562.68 Unrealized +70.2%

NVDA NVIDIA CORPORATION 1.3%

Value $75.43M (+50.1%) Shares 432,500 (+60.5%) Est. Cost $186.32 Unrealized +0.2%

PEP PEPSICO INC 1.2%

Value $70.95M (+52.1%) Shares 456,875 (+40.6%) Est. Cost $148.46 Unrealized +4.2%

AME AMETEK INC 0.6%

Value $32.15M (+291.5%) Shares 150,000 (+275.0%) Est. Cost $190.64 Unrealized +17.1%

CNR CORE NATURAL RESOURCES INC 0.7%

Value $38.12M (+139.3%) Shares 364,000 (+102.2%) Est. Cost $89.03 Unrealized +4.2%

TPR TAPESTRY INC 0.9%

Value $51.29M (+73.0%) Shares 363,500 (+56.7%) Est. Cost $123.27 Unrealized +13.2%

DOV DOVER CORP 0.5%

Value $29.18M (+273.7%) Shares 140,000 (+250.0%) Est. Cost $177.43 Unrealized +21.0%

RL RALPH LAUREN CORP 0.9%

Value $54.15M (+62.5%) Shares 157,406 (+67.0%) Est. Cost $312.47 Unrealized +16.2%

ETN EATON CORP PLC 0.4%

Value $21.3M (+682.1%) Shares 59,554 (+596.5%) Est. Cost $341.50 Unrealized +3.6%

XLB SELECT SECTOR SPDR TR 0.8%

Value $44.97M (+65.3%) Shares 900,000 (+50.0%) Est. Cost — Unrealized —

— SIEMENS ENERGY AG 0.4%

Value $24.66M (+248.8%) Shares 150,000 (+200.0%) Est. Cost $75.07 Unrealized —

RTX RTX CORPORATION 0.6%

Value $32.18M (+116.0%) Shares 166,822 (+105.4%) Est. Cost $161.78 Unrealized +21.5%

ULS UL SOLUTIONS INC 1.0%

Value $56.43M (+43.4%) Shares 658,379 (+31.9%) Est. Cost $63.73 Unrealized +19.0%

CR CRANE COMPANY 0.4%

Value $22.23M (+301.8%) Shares 130,000 (+333.3%) Est. Cost $153.59 Unrealized +29.1%

CW CURTISS WRIGHT CORP 0.5%

Value $27.24M (+147.1%) Shares 40,000 (+100.0%) Est. Cost $474.43 Unrealized +37.2%

PNR PENTAIR PLC 0.3%

Value $20.04M (+284.8%) Shares 230,000 (+360.0%) Est. Cost $88.17 Unrealized +16.3%

CRH CRH PLC 1.2%

Value $70.96M (+26.3%) Shares 675,000 (+50.0%) Est. Cost $98.14 Unrealized +26.7%

LNG CHENIERE ENERGY INC 0.5%

Value $28.38M (+94.6%) Shares 100,000 (+33.3%) Est. Cost $209.78 Unrealized 0.0%

ULS UL SOLUTIONS INC 0.3%

Value $17.14M (+334.7%) Shares 200,000 (+300.0%) Est. Cost $63.73 Unrealized +19.0%

JCI JOHNSON CONTROLS INTERNATION 0.4%

Value $24.88M (+107.8%) Shares 190,000 (+90.0%) Est. Cost $94.27 Unrealized +33.7%

— HEIDELBERG MATERIALS AG 0.8%

Value $45.95M (+37.2%) Shares 222,878 (+74.3%) Est. Cost $152.91 Unrealized —

CCJ CAMECO CORP 0.5%

Value $27.15M (+69.6%) Shares 250,000 (+42.9%) Est. Cost $61.17 Unrealized +90.1%

XYL XYLEM INC 0.3%

Value $17.93M (+163.3%) Shares 150,000 (+200.0%) Est. Cost $136.68 Unrealized -0.2%

RS RELIANCE INC 0.3%

Value $16.72M (+131.5%) Shares 55,000 (+120.0%) Est. Cost $309.01 Unrealized +5.8%

— VIKING HOLDINGS LTD 0.3%

Value $19.84M (+85.2%) Shares 270,000 (+80.0%) Est. Cost $49.15 Unrealized —

APH AMPHENOL CORP 0.3%

Value $16.43M (+121.0%) Shares 130,000 (+136.4%) Est. Cost $110.34 Unrealized +32.7%

AMZN AMAZON COM INC 1.7%

Value $95.54M (-8.2%) Shares 458,750 (+1.7%) Est. Cost $147.03 Unrealized +54.3%

AWI ARMSTRONG WORLD INDS INC NEW 0.3%

Value $19.78M (+72.5%) Shares 120,000 (+100.0%) Est. Cost $191.73 Unrealized +0.5%

CSX CSX CORP 0.6%

Value $32.22M (+34.7%) Shares 785,000 (+18.9%) Est. Cost $35.25 Unrealized +9.3%

— TE CONNECTIVITY PLC 0.1%

Value $8.256M (+787.5%) Shares 39,500 (+866.0%) Est. Cost $210.11 Unrealized —

SRUUF SPROTT PHYSICAL URANIUM TR 0.7%

Value $38.56M (+23.3%) Shares 1,909,400 (+19.3%) Est. Cost $19.78 Unrealized —

ITT ITT INC 0.4%

Value $22.86M (+46.4%) Shares 120,000 (+33.3%) Est. Cost $148.84 Unrealized +28.0%

— AMER SPORTS INC 1.0%

Value $58.75M (-10.6%) Shares 1,784,781 (+1.4%) Est. Cost $38.54 Unrealized —

CW CURTISS WRIGHT CORP 0.4%

Value $20.43M (+48.3%) Shares 30,000 (+20.0%) Est. Cost $474.43 Unrealized +37.2%

NPO ENPRO INC 0.3%

Value $15.04M (+75.6%) Shares 60,000 (+50.0%) Est. Cost $174.38 Unrealized +43.2%

URA GLOBAL X FDS 0.3%

Value $16.95M (+58.7%) Shares 350,000 (+40.0%) Est. Cost — Unrealized —

HUBB HUBBELL INC 0.3%

Value $14.72M (+65.7%) Shares 30,000 (+50.0%) Est. Cost $422.11 Unrealized +17.3%

APH AMPHENOL CORP 0.3%

Value $14.66M (+57.7%) Shares 115,994 (+68.7%) Est. Cost $110.34 Unrealized +32.7%

CRH CRH PLC 1.8%

Value $105M (+5.2%) Shares 1,002,596 (+24.9%) Est. Cost $98.14 Unrealized +26.7%

KRMN KARMAN HLDGS INC 0.1%

Value $6.684M (+323.6%) Shares 83,500 (+287.2%) Est. Cost $85.46 Unrealized +12.5%

— VIKING HOLDINGS LTD 0.5%

Value $29.52M (+19.6%) Shares 401,796 (+16.2%) Est. Cost $49.15 Unrealized —

AME AMETEK INC 0.5%

Value $27.98M (+16.7%) Shares 130,532 (+11.8%) Est. Cost $190.64 Unrealized +17.1%

PNR PENTAIR PLC 0.3%

Value $20.13M (+24.3%) Shares 231,118 (+48.6%) Est. Cost $88.17 Unrealized +16.3%

HAYW HAYWARD HLDGS INC 0.1%

Value $6.69M (+116.5%) Shares 500,000 (+150.0%) Est. Cost $15.60 Unrealized +4.3%

KO COCA COLA CO 0.5%

Value $30.13M (+12.7%) Shares 396,189 (+3.6%) Est. Cost $61.49 Unrealized +21.6%

ROK ROCKWELL AUTOMATION INC 0.2%

Value $10.77M (+38.4%) Shares 30,000 (+50.0%) Est. Cost $315.11 Unrealized +30.2%

AME AMETEK INC 0.3%

Value $19.29M (+17.5%) Shares 90,000 (+12.5%) Est. Cost $190.64 Unrealized +17.1%

NVT NVENT ELEC PLC 0.1%

Value $5.914M (+93.3%) Shares 50,000 (+66.7%) Est. Cost $62.00 Unrealized +81.2%

VMI VALMONT INDS INC 0.1%

Value $6.986M (+66.2%) Shares 17,485 (+67.3%) Est. Cost $423.73 Unrealized +5.9%

DHI D R HORTON INC 0.1%

Value $5.489M (+90.5%) Shares 40,000 (+100.0%) Est. Cost $156.51 Unrealized -0.4%

WMS ADVANCED DRAIN SYS INC DEL 0.1%

Value $8.228M (+42.0%) Shares 60,000 (+50.0%) Est. Cost $121.19 Unrealized +33.0%

OSK OSHKOSH CORP 0.1%

Value $5.152M (+64.0%) Shares 35,000 (+40.0%) Est. Cost $127.92 Unrealized +23.5%

ON ON SEMICONDUCTOR CORP 0.1%

Value $4.334M (+60.1%) Shares 70,000 (+40.0%) Est. Cost $52.37 Unrealized +22.4%

CEG CONSTELLATION ENERGY CORP 0.1%

Value $5.585M (-17.4%) Shares 20,000 (+4.4%) Est. Cost $283.65 Unrealized +6.2%

FND FLOOR & DECOR HLDGS INC 0.1%

Value $4.064M (+33.5%) Shares 80,000 (+60.0%) Est. Cost $77.45 Unrealized -9.7%

DHI D R HORTON INC 0.1%

Value $5.306M (+15.6%) Shares 38,667 (+21.4%) Est. Cost $156.51 Unrealized -0.4%

MAS MASCO CORP 0.0%

Value $2.415M (+26.8%) Shares 40,000 (+33.3%) Est. Cost $68.90 Unrealized +2.5%

GM GENERAL MTRS CO 0.1%

Value $5.588M (-1.8%) Shares 75,000 (+7.1%) Est. Cost $63.22 Unrealized +30.1%

OKLO OKLO INC 0.0%

Value $1.488M (+3.7%) Shares 30,000 (+50.0%) Est. Cost $38.65 Unrealized +107.8%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	LINDE PLC	205,500 (+52.2%)	$102M (+77.0%)	1.8%	$495.76	—	PUT	G5494J103
XLI	SELECT SECTOR SPDR TR	350,000 (+250.0%)	$56.61M (+264.9%)	1.0%	—	—	PUT	81369Y704
LNG	CHENIERE ENERGY INC	150,000 (+500.0%)	$42.56M (+775.8%)	0.7%	$209.78	0.0%	PUT	16411R208
ITT	ITT INC	200,000 (+233.3%)	$38.11M (+266.0%)	0.7%	$148.84	+28.0%	PUT	45073V108
PH	PARKER-HANNIFIN CORP	50,000 (+150.0%)	$44.76M (+154.6%)	0.8%	$562.68	+70.2%	PUT	701094104
NVDA	NVIDIA CORPORATION	432,500 (+60.5%)	$75.43M (+50.1%)	1.3%	$186.32	+0.2%	COM	67066G104
PEP	PEPSICO INC	456,875 (+40.6%)	$70.95M (+52.1%)	1.2%	$148.46	+4.2%	COM	713448108
AME	AMETEK INC	150,000 (+275.0%)	$32.15M (+291.5%)	0.6%	$190.64	+17.1%	PUT	031100100
CNR	CORE NATURAL RESOURCES INC	364,000 (+102.2%)	$38.12M (+139.3%)	0.7%	$89.03	+4.2%	COM SHS	218937100
TPR	TAPESTRY INC	363,500 (+56.7%)	$51.29M (+73.0%)	0.9%	$123.27	+13.2%	COM	876030107
DOV	DOVER CORP	140,000 (+250.0%)	$29.18M (+273.7%)	0.5%	$177.43	+21.0%	PUT	260003108
RL	RALPH LAUREN CORP	157,406 (+67.0%)	$54.15M (+62.5%)	0.9%	$312.47	+16.2%	CL A	751212101
ETN	EATON CORP PLC	59,554 (+596.5%)	$21.3M (+682.1%)	0.4%	$341.50	+3.6%	SHS	G29183103
XLB	SELECT SECTOR SPDR TR	900,000 (+50.0%)	$44.97M (+65.3%)	0.8%	—	—	PUT	81369Y100
—	SIEMENS ENERGY AG	150,000 (+200.0%)	$24.66M (+248.8%)	0.4%	$75.07	—	PUT	00BMTVQK9
RTX	RTX CORPORATION	166,822 (+105.4%)	$32.18M (+116.0%)	0.6%	$161.78	+21.5%	COM	75513E101
ULS	UL SOLUTIONS INC	658,379 (+31.9%)	$56.43M (+43.4%)	1.0%	$63.73	+19.0%	CLASS A COM SHS	903731107
CR	CRANE COMPANY	130,000 (+333.3%)	$22.23M (+301.8%)	0.4%	$153.59	+29.1%	PUT	224408104
CW	CURTISS WRIGHT CORP	40,000 (+100.0%)	$27.24M (+147.1%)	0.5%	$474.43	+37.2%	PUT	231561101
PNR	PENTAIR PLC	230,000 (+360.0%)	$20.04M (+284.8%)	0.3%	$88.17	+16.3%	PUT	G7S00T104
CRH	CRH PLC	675,000 (+50.0%)	$70.96M (+26.3%)	1.2%	$98.14	+26.7%	PUT	G25508105
LNG	CHENIERE ENERGY INC	100,000 (+33.3%)	$28.38M (+94.6%)	0.5%	$209.78	0.0%	CALL	16411R208
ULS	UL SOLUTIONS INC	200,000 (+300.0%)	$17.14M (+334.7%)	0.3%	$63.73	+19.0%	PUT	903731107
JCI	JOHNSON CONTROLS INTERNATION	190,000 (+90.0%)	$24.88M (+107.8%)	0.4%	$94.27	+33.7%	PUT	G51502105
—	HEIDELBERG MATERIALS AG	222,878 (+74.3%)	$45.95M (+37.2%)	0.8%	$152.91	—	COM	005120679
CCJ	CAMECO CORP	250,000 (+42.9%)	$27.15M (+69.6%)	0.5%	$61.17	+90.1%	PUT	13321L108
XYL	XYLEM INC	150,000 (+200.0%)	$17.93M (+163.3%)	0.3%	$136.68	-0.2%	PUT	98419M100
RS	RELIANCE INC	55,000 (+120.0%)	$16.72M (+131.5%)	0.3%	$309.01	+5.8%	COM	759509102
—	VIKING HOLDINGS LTD	270,000 (+80.0%)	$19.84M (+85.2%)	0.3%	$49.15	—	PUT	00BRDXKH1
APH	AMPHENOL CORP	130,000 (+136.4%)	$16.43M (+121.0%)	0.3%	$110.34	+32.7%	PUT	032095101
AMZN	AMAZON COM INC	458,750 (+1.7%)	$95.54M (-8.2%)	1.7%	$147.03	+54.3%	COM	023135106
AWI	ARMSTRONG WORLD INDS INC NEW	120,000 (+100.0%)	$19.78M (+72.5%)	0.3%	$191.73	+0.5%	COM	04247X102
CSX	CSX CORP	785,000 (+18.9%)	$32.22M (+34.7%)	0.6%	$35.25	+9.3%	COM	126408103
—	TE CONNECTIVITY PLC	39,500 (+866.0%)	$8.256M (+787.5%)	0.1%	$210.11	—	COM	H84989104
SRUUF	SPROTT PHYSICAL URANIUM TR	1,909,400 (+19.3%)	$38.56M (+23.3%)	0.7%	$19.78	—	COM	85210A104
ITT	ITT INC	120,000 (+33.3%)	$22.86M (+46.4%)	0.4%	$148.84	+28.0%	CALL	45073V108
—	AMER SPORTS INC	1,784,781 (+1.4%)	$58.75M (-10.6%)	1.0%	$38.54	—	COM	00BN6TZY0
CW	CURTISS WRIGHT CORP	30,000 (+20.0%)	$20.43M (+48.3%)	0.4%	$474.43	+37.2%	CALL	231561101
NPO	ENPRO INC	60,000 (+50.0%)	$15.04M (+75.6%)	0.3%	$174.38	+43.2%	PUT	29355X107
URA	GLOBAL X FDS	350,000 (+40.0%)	$16.95M (+58.7%)	0.3%	—	—	PUT	37954Y871
HUBB	HUBBELL INC	30,000 (+50.0%)	$14.72M (+65.7%)	0.3%	$422.11	+17.3%	PUT	443510607
APH	AMPHENOL CORP	115,994 (+68.7%)	$14.66M (+57.7%)	0.3%	$110.34	+32.7%	CL A	032095101
CRH	CRH PLC	1,002,596 (+24.9%)	$105M (+5.2%)	1.8%	$98.14	+26.7%	ORD	G25508105
KRMN	KARMAN HLDGS INC	83,500 (+287.2%)	$6.684M (+323.6%)	0.1%	$85.46	+12.5%	COMMON STOCK	485924104
—	VIKING HOLDINGS LTD	401,796 (+16.2%)	$29.52M (+19.6%)	0.5%	$49.15	—	COM	00BRDXKH1
AME	AMETEK INC	130,532 (+11.8%)	$27.98M (+16.7%)	0.5%	$190.64	+17.1%	COM	031100100
PNR	PENTAIR PLC	231,118 (+48.6%)	$20.13M (+24.3%)	0.3%	$88.17	+16.3%	SHS	G7S00T104
HAYW	HAYWARD HLDGS INC	500,000 (+150.0%)	$6.69M (+116.5%)	0.1%	$15.60	+4.3%	PUT	421298100
KO	COCA COLA CO	396,189 (+3.6%)	$30.13M (+12.7%)	0.5%	$61.49	+21.6%	COM	191216100
ROK	ROCKWELL AUTOMATION INC	30,000 (+50.0%)	$10.77M (+38.4%)	0.2%	$315.11	+30.2%	PUT	773903109
AME	AMETEK INC	90,000 (+12.5%)	$19.29M (+17.5%)	0.3%	$190.64	+17.1%	CALL	031100100
NVT	NVENT ELEC PLC	50,000 (+66.7%)	$5.914M (+93.3%)	0.1%	$62.00	+81.2%	PUT	G6700G107
VMI	VALMONT INDS INC	17,485 (+67.3%)	$6.986M (+66.2%)	0.1%	$423.73	+5.9%	COM	920253101
DHI	D R HORTON INC	40,000 (+100.0%)	$5.489M (+90.5%)	0.1%	$156.51	-0.4%	PUT	23331A109
WMS	ADVANCED DRAIN SYS INC DEL	60,000 (+50.0%)	$8.228M (+42.0%)	0.1%	$121.19	+33.0%	PUT	00790R104
OSK	OSHKOSH CORP	35,000 (+40.0%)	$5.152M (+64.0%)	0.1%	$127.92	+23.5%	PUT	688239201
ON	ON SEMICONDUCTOR CORP	70,000 (+40.0%)	$4.334M (+60.1%)	0.1%	$52.37	+22.4%	PUT	682189105
CEG	CONSTELLATION ENERGY CORP	20,000 (+4.4%)	$5.585M (-17.4%)	0.1%	$283.65	+6.2%	COM	21037T109
FND	FLOOR & DECOR HLDGS INC	80,000 (+60.0%)	$4.064M (+33.5%)	0.1%	$77.45	-9.7%	CL A	339750101
DHI	D R HORTON INC	38,667 (+21.4%)	$5.306M (+15.6%)	0.1%	$156.51	-0.4%	COM	23331A109
MAS	MASCO CORP	40,000 (+33.3%)	$2.415M (+26.8%)	0.0%	$68.90	+2.5%	PUT	574599106
GM	GENERAL MTRS CO	75,000 (+7.1%)	$5.588M (-1.8%)	0.1%	$63.22	+30.1%	PUT	37045V100
OKLO	OKLO INC	30,000 (+50.0%)	$1.488M (+3.7%)	0.0%	$38.65	+107.8%	COM CL A	02156V109

Exited Positions (87)

SPGI S&P GLOBAL INC 1.5%

Value $88.84M Shares 170,000 Est. Cost $494.21 Unrealized -1.8%

— Linde PLC 1.3%

Value $74.62M Shares 175,000 Est. Cost $495.76 Unrealized —

META META PLATFORMS INC 1.3%

Value $72.61M Shares 110,000 Est. Cost $699.94 Unrealized -6.3%

USFD US FOODS HLDG CORP 1.2%

Value $70.05M Shares 930,000 Est. Cost $75.09 Unrealized +15.4%

MCO MOODYS CORP 1.2%

Value $67.69M Shares 132,500 Est. Cost $487.35 Unrealized +0.5%

DKS DICKS SPORTING GOODS INC 1.1%

Value $61.8M Shares 312,163 Est. Cost $217.13 Unrealized -4.2%

RBLX ROBLOX CORP 1.1%

Value $60.77M Shares 750,000 Est. Cost $90.47 Unrealized -20.7%

APP APPLOVIN CORP 1.0%

Value $58.05M Shares 86,150 Est. Cost $271.35 Unrealized +86.9%

FIVE FIVE BELOW INC 0.9%

Value $54.44M Shares 289,025 Est. Cost $94.15 Unrealized +114.1%

HOOD ROBINHOOD MKTS INC 0.9%

Value $49.14M Shares 434,500 Est. Cost $59.18 Unrealized +61.8%

ORLY OREILLY AUTOMOTIVE INC 0.8%

Value $44.88M Shares 492,000 Est. Cost $97.70 Unrealized -2.8%

LULU LULULEMON ATHLETICA INC 0.7%

Value $40.68M Shares 195,750 Est. Cost $181.15 Unrealized +4.2%

NVDA NVIDIA CORPORATION 0.7%

Value $38.23M Shares 205,000 Est. Cost $186.32 Unrealized +0.2%

— ON HOLDING AG-CLASS A 0.6%

Value $37.18M Shares 800,000 Est. Cost $52.05 Unrealized —

RTX RTX CORPORATION 0.6%

Value $36.68M Shares 200,000 Est. Cost $161.78 Unrealized +21.5%

OIH VANECK ETF TRUST 0.6%

Value $35.6M Shares 125,000 Est. Cost $284.77 Unrealized —

RDDT REDDIT INC 0.6%

Value $32.65M Shares 142,050 Est. Cost $113.37 Unrealized +67.3%

XME SPDR SERIES TRUST 0.5%

Value $31.08M Shares 300,000 Est. Cost — Unrealized —

ARKK ARK ETF TR 0.5%

Value $30.77M Shares 400,000 Est. Cost — Unrealized —

CHWY CHEWY INC 0.5%

Value $30.04M Shares 909,000 Est. Cost $37.29 Unrealized -21.5%

— SHARKNINJA INC 0.5%

Value $29.65M Shares 265,000 Est. Cost $103.15 Unrealized —

BKNG BOOKING HOLDINGS INC 0.5%

Value $29.45M Shares 5,500 Est. Cost $5563.60 Unrealized -14.1%

ULS UL SOLUTIONS INC 0.5%

Value $27.6M Shares 350,000 Est. Cost $63.73 Unrealized +19.0%

SHOP SHOPIFY INC 0.5%

Value $27.36M Shares 170,000 Est. Cost $160.56 Unrealized -15.0%

Z ZILLOW GROUP INC 0.5%

Value $27.29M Shares 400,000 Est. Cost — Unrealized —

BHP BHP GROUP LTD 0.5%

Value $27.17M Shares 450,000 Est. Cost — Unrealized —

EMR EMERSON ELEC CO 0.5%

Value $26.54M Shares 200,000 Est. Cost $126.58 Unrealized +17.3%

BCC BOISE CASCADE CO DEL 0.5%

Value $26.44M Shares 359,221 Est. Cost $72.78 Unrealized +15.1%

Q QNITY ELECTRONICS INC 0.4%

Value $24.12M Shares 295,390 Est. Cost $84.91 Unrealized +19.2%

GOOGL ALPHABET INC 0.4%

Value $23.48M Shares 75,000 Est. Cost $163.29 Unrealized +98.0%

RKT ROCKET COS INC 0.4%

Value $22.7M Shares 1,172,500 Est. Cost $17.44 Unrealized +15.6%

JBTM JBT MAREL CORPORATION 0.4%

Value $21.85M Shares 145,000 Est. Cost $114.03 Unrealized +40.0%

RDDT REDDIT INC 0.4%

Value $21.84M Shares 95,000 Est. Cost $113.37 Unrealized +67.3%

— BIRKENSTOCK HOLDING PLC 0.4%

Value $20.45M Shares 500,000 Est. Cost $40.90 Unrealized —

URI UNITED RENTALS INC 0.4%

Value $20.23M Shares 25,000 Est. Cost $777.13 Unrealized +13.6%

SHOP SHOPIFY INC 0.3%

Value $19.24M Shares 119,500 Est. Cost $160.56 Unrealized -15.0%

KDP KEURIG DR PEPPER INC 0.3%

Value $18.21M Shares 650,000 Est. Cost $27.24 Unrealized +4.0%

IJR ISHARES TR 0.3%

Value $18.03M Shares 150,000 Est. Cost — Unrealized —

WCC WESCO INTL INC 0.3%

Value $17.12M Shares 70,000 Est. Cost $176.87 Unrealized +63.0%

XOP SPDR SERIES TRUST 0.3%

Value $15.78M Shares 125,000 Est. Cost — Unrealized —

DECK DECKERS OUTDOOR CORP 0.3%

Value $15.55M Shares 150,000 Est. Cost — Unrealized —

— FTAI AVIATION LTD 0.3%

Value $14.76M Shares 75,000 Est. Cost $196.85 Unrealized —

EMR EMERSON ELEC CO 0.2%

Value $13.32M Shares 100,327 Est. Cost $126.58 Unrealized +17.3%

NXT NEXTPOWER INC 0.2%

Value $13.07M Shares 150,000 Est. Cost $58.93 Unrealized +84.6%

— HOLCIM LTD 0.2%

Value $12.9M Shares 131,485 Est. Cost $90.49 Unrealized —

MSGS MADISON SQUARE GRDN SPRT COR 0.2%

Value $12.63M Shares 48,836 Est. Cost $192.61 Unrealized +48.9%

IWM ISHARES TR 0.2%

Value $12.31M Shares 50,000 Est. Cost $241.96 Unrealized —

VLO VALERO ENERGY CORP 0.2%

Value $12.21M Shares 75,000 Est. Cost — Unrealized —

— AMRIZE LTD 0.2%

Value $11.64M Shares 211,715 Est. Cost $49.02 Unrealized —

EFX EQUIFAX INC 0.2%

Value $10.85M Shares 50,000 Est. Cost $218.67 Unrealized -6.6%

GD GENERAL DYNAMICS CORP 0.2%

Value $10.33M Shares 30,692 Est. Cost $340.86 Unrealized +4.0%

GD GENERAL DYNAMICS CORP 0.2%

Value $10.1M Shares 30,000 Est. Cost $340.86 Unrealized +4.0%

TGT TARGET CORP 0.2%

Value $9.775M Shares 100,000 Est. Cost — Unrealized —

ITB ISHARES TR 0.2%

Value $9.63M Shares 100,000 Est. Cost — Unrealized —

— TE CONNECTIVITY PLC 0.2%

Value $9.1M Shares 40,000 Est. Cost $210.11 Unrealized —

VFC V F CORP 0.2%

Value $9.04M Shares 500,000 Est. Cost — Unrealized —

TSLA TESLA INC 0.2%

Value $8.994M Shares 20,000 Est. Cost $353.80 Unrealized +20.4%

TDY TELEDYNE TECHNOLOGIES INC 0.1%

Value $8.11M Shares 15,879 Est. Cost $526.90 Unrealized +16.5%

IR INGERSOLL RAND INC 0.1%

Value $7.922M Shares 100,000 Est. Cost — Unrealized —

OKLO OKLO INC 0.1%

Value $7.176M Shares 100,000 Est. Cost $38.65 Unrealized +107.8%

IWM ISHARES RUSSELL 2000 ETF 0.1%

Value $6.701M Shares 27,221 Est. Cost $241.96 Unrealized —

PSX PHILLIPS 66 0.1%

Value $6.452M Shares 50,000 Est. Cost — Unrealized —

MAS MASCO CORP 0.1%

Value $6.346M Shares 100,000 Est. Cost $68.90 Unrealized +2.5%

DHI D R HORTON INC 0.1%

Value $5.761M Shares 40,000 Est. Cost $156.51 Unrealized -0.4%

ORA ORMAT TECHNOLOGIES INC 0.1%

Value $5.524M Shares 50,000 Est. Cost $98.82 Unrealized +21.9%

— FTAI AVIATION LTD 0.1%

Value $5.455M Shares 27,710 Est. Cost $196.85 Unrealized —

UUUU ENERGY FUELS INC 0.1%

Value $5.452M Shares 375,000 Est. Cost — Unrealized —

MOD MODINE MFG CO 0.1%

Value $5.34M Shares 40,000 Est. Cost $112.84 Unrealized +56.4%

EMR EMERSON ELEC CO 0.1%

Value $5.309M Shares 40,000 Est. Cost $126.58 Unrealized +17.3%

CVLG COVENANT LOGISTICS GROUP INC 0.1%

Value $5.179M Shares 235,000 Est. Cost $22.84 Unrealized +17.6%

TDY TELEDYNE TECHNOLOGIES INC 0.1%

Value $5.107M Shares 10,000 Est. Cost $526.90 Unrealized +16.5%

GD GENERAL DYNAMICS CORP 0.1%

Value $5.05M Shares 15,000 Est. Cost $340.86 Unrealized +4.0%

TAN INVESCO EXCH TRADED FD TR II 0.1%

Value $4.912M Shares 100,000 Est. Cost — Unrealized —

WCC WESCO INTL INC 0.1%

Value $4.893M Shares 20,000 Est. Cost $176.87 Unrealized +63.0%

ON ON SEMICONDUCTOR CORP 0.1%

Value $4.873M Shares 90,000 Est. Cost $52.37 Unrealized +22.4%

LPX LOUISIANA PAC CORP 0.1%

Value $4.846M Shares 60,000 Est. Cost $92.32 Unrealized -3.5%

PHM PULTE GROUP INC 0.1%

Value $4.69M Shares 40,000 Est. Cost $123.61 Unrealized +6.3%

DD DUPONT DE NEMOURS INC 0.1%

Value $4.02M Shares 100,000 Est. Cost — Unrealized —

— FERRARI NV 0.1%

Value $4.019M Shares 10,874 Est. Cost $369.56 Unrealized —

— FTAI AVIATION LTD 0.1%

Value $3.937M Shares 20,000 Est. Cost $196.85 Unrealized —

MOD MODINE MANUFACTURING CO 0.1%

Value $3.743M Shares 28,036 Est. Cost $112.84 Unrealized +56.4%

FAST FASTENAL CO 0.1%

Value $3.698M Shares 92,150 Est. Cost $46.94 Unrealized -5.7%

LHX L3HARRIS TECHNOLOGIES INC 0.1%

Value $2.936M Shares 10,000 Est. Cost $244.05 Unrealized +40.6%

ADM ARCHER DANIELS MIDLAND CO 0.0%

Value $2.874M Shares 50,000 Est. Cost — Unrealized —

URNJ SPROTT FDS TR 0.0%

Value $2.52M Shares 100,000 Est. Cost — Unrealized —

— TE CONNECTIVITY PLC 0.0%

Value $2.275M Shares 10,000 Est. Cost $210.11 Unrealized —

STKL SUNOPTA INC 0.0%

Value $187K Shares 49,164 Est. Cost $5.25 Unrealized -1.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPGI	S&P GLOBAL INC	170,000	$88.84M	1.5%	$494.21	-1.8%	—	78409V104
—	Linde PLC	175,000	$74.62M	1.3%	$495.76	—	CALL	G5494J103
META	META PLATFORMS INC	110,000	$72.61M	1.3%	$699.94	-6.3%	CALL	30303M102
USFD	US FOODS HLDG CORP	930,000	$70.05M	1.2%	$75.09	+15.4%	—	912008109
MCO	MOODYS CORP	132,500	$67.69M	1.2%	$487.35	+0.5%	—	615369105
DKS	DICKS SPORTING GOODS INC	312,163	$61.8M	1.1%	$217.13	-4.2%	—	253393102
RBLX	ROBLOX CORP	750,000	$60.77M	1.1%	$90.47	-20.7%	—	771049103
APP	APPLOVIN CORP	86,150	$58.05M	1.0%	$271.35	+86.9%	—	03831W108
FIVE	FIVE BELOW INC	289,025	$54.44M	0.9%	$94.15	+114.1%	—	33829M101
HOOD	ROBINHOOD MKTS INC	434,500	$49.14M	0.9%	$59.18	+61.8%	—	770700102
ORLY	OREILLY AUTOMOTIVE INC	492,000	$44.88M	0.8%	$97.70	-2.8%	—	67103H107
LULU	LULULEMON ATHLETICA INC	195,750	$40.68M	0.7%	$181.15	+4.2%	—	550021109
NVDA	NVIDIA CORPORATION	205,000	$38.23M	0.7%	$186.32	+0.2%	CALL	67066G104
—	ON HOLDING AG-CLASS A	800,000	$37.18M	0.6%	$52.05	—	—	00BPF0FP9
RTX	RTX CORPORATION	200,000	$36.68M	0.6%	$161.78	+21.5%	CALL	75513E101
OIH	VANECK ETF TRUST	125,000	$35.6M	0.6%	$284.77	—	—	92189H607
RDDT	REDDIT INC	142,050	$32.65M	0.6%	$113.37	+67.3%	—	75734B100
XME	SPDR SERIES TRUST	300,000	$31.08M	0.5%	—	—	PUT	78464A755
ARKK	ARK ETF TR	400,000	$30.77M	0.5%	—	—	PUT	00214Q104
CHWY	CHEWY INC	909,000	$30.04M	0.5%	$37.29	-21.5%	—	16679L109
—	SHARKNINJA INC	265,000	$29.65M	0.5%	$103.15	—	—	79970Y105
BKNG	BOOKING HOLDINGS INC	5,500	$29.45M	0.5%	$5563.60	-14.1%	—	09857L108
ULS	UL SOLUTIONS INC	350,000	$27.6M	0.5%	$63.73	+19.0%	CALL	903731107
SHOP	SHOPIFY INC	170,000	$27.36M	0.5%	$160.56	-15.0%	CALL	82509L107
Z	ZILLOW GROUP INC	400,000	$27.29M	0.5%	—	—	CALL	98954M200
BHP	BHP GROUP LTD	450,000	$27.17M	0.5%	—	—	PUT	088606108
EMR	EMERSON ELEC CO	200,000	$26.54M	0.5%	$126.58	+17.3%	CALL	291011104
BCC	BOISE CASCADE CO DEL	359,221	$26.44M	0.5%	$72.78	+15.1%	—	09739D100
Q	QNITY ELECTRONICS INC	295,390	$24.12M	0.4%	$84.91	+19.2%	—	74743L100
GOOGL	ALPHABET INC	75,000	$23.48M	0.4%	$163.29	+98.0%	CALL	02079K305
RKT	ROCKET COS INC	1,172,500	$22.7M	0.4%	$17.44	+15.6%	—	77311W101
JBTM	JBT MAREL CORPORATION	145,000	$21.85M	0.4%	$114.03	+40.0%	CALL	477839104
RDDT	REDDIT INC	95,000	$21.84M	0.4%	$113.37	+67.3%	CALL	75734B100
—	BIRKENSTOCK HOLDING PLC	500,000	$20.45M	0.4%	$40.90	—	CALL	00BS44BN3
URI	UNITED RENTALS INC	25,000	$20.23M	0.4%	$777.13	+13.6%	CALL	911363109
SHOP	SHOPIFY INC	119,500	$19.24M	0.3%	$160.56	-15.0%	—	82509L107
KDP	KEURIG DR PEPPER INC	650,000	$18.21M	0.3%	$27.24	+4.0%	—	49271V100
IJR	ISHARES TR	150,000	$18.03M	0.3%	—	—	PUT	464287804
WCC	WESCO INTL INC	70,000	$17.12M	0.3%	$176.87	+63.0%	CALL	95082P105
XOP	SPDR SERIES TRUST	125,000	$15.78M	0.3%	—	—	PUT	78468R556
DECK	DECKERS OUTDOOR CORP	150,000	$15.55M	0.3%	—	—	PUT	243537107
—	FTAI AVIATION LTD	75,000	$14.76M	0.3%	$196.85	—	CALL	34960P101
EMR	EMERSON ELEC CO	100,327	$13.32M	0.2%	$126.58	+17.3%	—	291011104
NXT	NEXTPOWER INC	150,000	$13.07M	0.2%	$58.93	+84.6%	CALL	65290E101
—	HOLCIM LTD	131,485	$12.9M	0.2%	$90.49	—	—	007110753
MSGS	MADISON SQUARE GRDN SPRT COR	48,836	$12.63M	0.2%	$192.61	+48.9%	—	55825T103
IWM	ISHARES TR	50,000	$12.31M	0.2%	$241.96	—	CALL	464287655
VLO	VALERO ENERGY CORP	75,000	$12.21M	0.2%	—	—	PUT	91913Y100
—	AMRIZE LTD	211,715	$11.64M	0.2%	$49.02	—	—	00BVBMCR2
EFX	EQUIFAX INC	50,000	$10.85M	0.2%	$218.67	-6.6%	—	294429105
GD	GENERAL DYNAMICS CORP	30,692	$10.33M	0.2%	$340.86	+4.0%	—	369550108
GD	GENERAL DYNAMICS CORP	30,000	$10.1M	0.2%	$340.86	+4.0%	CALL	369550108
TGT	TARGET CORP	100,000	$9.775M	0.2%	—	—	CALL	87612E106
ITB	ISHARES TR	100,000	$9.63M	0.2%	—	—	PUT	464288752
—	TE CONNECTIVITY PLC	40,000	$9.1M	0.2%	$210.11	—	CALL	H84989104
VFC	V F CORP	500,000	$9.04M	0.2%	—	—	CALL	918204108
TSLA	TESLA INC	20,000	$8.994M	0.2%	$353.80	+20.4%	CALL	88160R101
TDY	TELEDYNE TECHNOLOGIES INC	15,879	$8.11M	0.1%	$526.90	+16.5%	—	879360105
IR	INGERSOLL RAND INC	100,000	$7.922M	0.1%	—	—	CALL	45687V106
OKLO	OKLO INC	100,000	$7.176M	0.1%	$38.65	+107.8%	CALL	02156V109
IWM	ISHARES RUSSELL 2000 ETF	27,221	$6.701M	0.1%	$241.96	—	—	464287655
PSX	PHILLIPS 66	50,000	$6.452M	0.1%	—	—	PUT	718546104
MAS	MASCO CORP	100,000	$6.346M	0.1%	$68.90	+2.5%	CALL	574599106
DHI	D R HORTON INC	40,000	$5.761M	0.1%	$156.51	-0.4%	CALL	23331A109
ORA	ORMAT TECHNOLOGIES INC	50,000	$5.524M	0.1%	$98.82	+21.9%	CALL	686688102
—	FTAI AVIATION LTD	27,710	$5.455M	0.1%	$196.85	—	—	34960P101
UUUU	ENERGY FUELS INC	375,000	$5.452M	0.1%	—	—	CALL	292671708
MOD	MODINE MFG CO	40,000	$5.34M	0.1%	$112.84	+56.4%	PUT	607828100
EMR	EMERSON ELEC CO	40,000	$5.309M	0.1%	$126.58	+17.3%	PUT	291011104
CVLG	COVENANT LOGISTICS GROUP INC	235,000	$5.179M	0.1%	$22.84	+17.6%	—	22284P105
TDY	TELEDYNE TECHNOLOGIES INC	10,000	$5.107M	0.1%	$526.90	+16.5%	PUT	879360105
GD	GENERAL DYNAMICS CORP	15,000	$5.05M	0.1%	$340.86	+4.0%	PUT	369550108
TAN	INVESCO EXCH TRADED FD TR II	100,000	$4.912M	0.1%	—	—	PUT	46138G706
WCC	WESCO INTL INC	20,000	$4.893M	0.1%	$176.87	+63.0%	PUT	95082P105
ON	ON SEMICONDUCTOR CORP	90,000	$4.873M	0.1%	$52.37	+22.4%	CALL	682189105
LPX	LOUISIANA PAC CORP	60,000	$4.846M	0.1%	$92.32	-3.5%	—	546347105
PHM	PULTE GROUP INC	40,000	$4.69M	0.1%	$123.61	+6.3%	CALL	745867101
DD	DUPONT DE NEMOURS INC	100,000	$4.02M	0.1%	—	—	PUT	26614N102
—	FERRARI NV	10,874	$4.019M	0.1%	$369.56	—	—	N3167J106
—	FTAI AVIATION LTD	20,000	$3.937M	0.1%	$196.85	—	PUT	34960P101
MOD	MODINE MANUFACTURING CO	28,036	$3.743M	0.1%	$112.84	+56.4%	—	607828100
FAST	FASTENAL CO	92,150	$3.698M	0.1%	$46.94	-5.7%	—	311900104
LHX	L3HARRIS TECHNOLOGIES INC	10,000	$2.936M	0.1%	$244.05	+40.6%	PUT	502431109
ADM	ARCHER DANIELS MIDLAND CO	50,000	$2.874M	0.0%	—	—	PUT	039483102
URNJ	SPROTT FDS TR	100,000	$2.52M	0.0%	—	—	CALL	85208P808
—	TE CONNECTIVITY PLC	10,000	$2.275M	0.0%	$210.11	—	PUT	H84989104
STKL	SUNOPTA INC	49,164	$187K	0.0%	$5.25	-1.7%	—	8676EP108

Decreased Positions (108)

MMM 3M CO 0.1%

Value $7.446M (-89.7%) Shares 51,268 (-88.6%) Est. Cost $125.87 Unrealized +30.3%

DASH DOORDASH INC 0.2%

Value $12.7M (-83.1%) Shares 84,550 (-74.6%) Est. Cost $207.13 Unrealized -5.0%

CELH CELSIUS HLDGS INC 0.2%

Value $11.66M (-79.2%) Shares 328,625 (-73.2%) Est. Cost $40.81 Unrealized +24.2%

META META PLATFORMS INC 1.0%

Value $60.59M (-42.1%) Shares 105,900 (-33.2%) Est. Cost $699.94 Unrealized -6.3%

JCI JOHNSON CONTROLS INTERNATION 0.4%

Value $20.95M (-62.0%) Shares 160,000 (-65.2%) Est. Cost $94.27 Unrealized +33.7%

SPOT SPOTIFY TECHNOLOGY S A 0.4%

Value $24.25M (-58.2%) Shares 50,000 (-50.0%) Est. Cost $497.31 Unrealized 0.0%

CAT CATERPILLAR INC 0.7%

Value $42.51M (-42.9%) Shares 60,000 (-53.8%) Est. Cost $398.58 Unrealized +71.7%

PFGC PERFORMANCE FOOD GROUP CO 1.0%

Value $59.32M (-32.6%) Shares 692,500 (-29.2%) Est. Cost $87.80 Unrealized +7.1%

BA BOEING CO 0.1%

Value $3.981M (-87.6%) Shares 20,000 (-86.4%) Est. Cost $179.53 Unrealized +32.9%

BURL BURLINGTON STORES INC 0.5%

Value $26.54M (-47.6%) Shares 81,562 (-53.5%) Est. Cost $271.28 Unrealized +12.1%

CR CRANE COMPANY 0.4%

Value $21.57M (-52.4%) Shares 126,153 (-48.7%) Est. Cost $153.59 Unrealized +29.1%

ORA ORMAT TECHNOLOGIES INC 0.1%

Value $3.426M (-87.2%) Shares 30,613 (-87.3%) Est. Cost $98.82 Unrealized +21.9%

JCI JOHNSON CONTROLS INTERNATION 0.4%

Value $24.73M (-48.3%) Shares 188,879 (-52.7%) Est. Cost $94.27 Unrealized +33.7%

ESI ELEMENT SOLUTIONS INC 1.8%

Value $106M (+27.7%) Shares 3,102,366 (-6.6%) Est. Cost $21.53 Unrealized +41.6%

— BIRKENSTOCK HOLDING PLC 0.2%

Value $8.886M (-71.5%) Shares 248,000 (-67.4%) Est. Cost $40.90 Unrealized —

BA BOEING CO 0.4%

Value $25.87M (-45.8%) Shares 130,000 (-40.9%) Est. Cost $179.53 Unrealized +32.9%

CSCCF CAPSTONE COPPER CORP 0.1%

Value $8.445M (-71.9%) Shares 1,119,024 (-62.6%) Est. Cost $5.82 Unrealized +85.9%

PH PARKER-HANNIFIN CORP 0.9%

Value $49.24M (-30.0%) Shares 55,000 (-31.3%) Est. Cost $562.68 Unrealized +70.2%

DASH DOORDASH INC 0.6%

Value $36.04M (-36.4%) Shares 240,000 (-4.0%) Est. Cost $207.13 Unrealized -5.0%

CR CRANE COMPANY 0.4%

Value $25.65M (-44.4%) Shares 150,000 (-40.0%) Est. Cost $153.59 Unrealized +29.1%

MMM 3M CO 0.2%

Value $11.62M (-63.7%) Shares 80,000 (-60.0%) Est. Cost $125.87 Unrealized +30.3%

ROK ROCKWELL AUTOMATION INC 0.1%

Value $7.178M (-73.6%) Shares 20,000 (-71.4%) Est. Cost $315.11 Unrealized +30.2%

MMM 3M CO 0.1%

Value $7.261M (-73.3%) Shares 50,000 (-70.6%) Est. Cost $125.87 Unrealized +30.3%

ETN EATON CORP PLC 0.4%

Value $21.46M (-48.2%) Shares 60,000 (-53.8%) Est. Cost $341.50 Unrealized +3.6%

W WAYFAIR INC 0.5%

Value $29.48M (-40.0%) Shares 391,988 (-19.9%) Est. Cost $96.17 Unrealized +3.4%

GE GE AEROSPACE 0.4%

Value $23.34M (-45.3%) Shares 82,236 (-40.6%) Est. Cost $161.71 Unrealized +96.8%

GE GE AEROSPACE 0.4%

Value $22.7M (-43.3%) Shares 80,000 (-38.5%) Est. Cost $161.71 Unrealized +96.8%

WMS ADVANCED DRAIN SYS INC DEL 0.2%

Value $9.599M (-63.2%) Shares 70,000 (-61.1%) Est. Cost $121.19 Unrealized +33.0%

PH PARKER-HANNIFIN CORP 0.5%

Value $30.24M (-35.1%) Shares 33,783 (-36.3%) Est. Cost $562.68 Unrealized +70.2%

NVT NVENT ELEC PLC 0.2%

Value $9.462M (-62.9%) Shares 80,000 (-68.0%) Est. Cost $62.00 Unrealized +81.2%

GTES GATES INDL CORP PLC 0.1%

Value $6.622M (-70.7%) Shares 292,894 (-72.2%) Est. Cost $21.46 Unrealized +15.1%

EL LAUDER ESTEE COS INC 0.5%

Value $28.13M (-36.2%) Shares 391,901 (-7.0%) Est. Cost $83.98 Unrealized +33.2%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 0.0%

Value $1.975M (-88.8%) Shares 10,000 (-85.5%) Est. Cost $230.43 Unrealized -2.4%

URI UNITED RENTALS INC 0.0%

Value $2.838M (-83.6%) Shares 3,896 (-81.8%) Est. Cost $777.13 Unrealized +13.6%

GE GE AEROSPACE 0.4%

Value $22.7M (-38.6%) Shares 80,000 (-33.3%) Est. Cost $161.71 Unrealized +96.8%

CVNA CARVANA CO 0.3%

Value $15.72M (-46.8%) Shares 50,000 (-28.6%) Est. Cost $408.48 Unrealized 0.0%

GM GENERAL MTRS CO 0.1%

Value $7.45M (-64.8%) Shares 100,000 (-61.5%) Est. Cost $63.22 Unrealized +30.1%

NXT NEXTPOWER INC 0.3%

Value $17.03M (-43.3%) Shares 141,250 (-59.0%) Est. Cost $58.93 Unrealized +84.6%

GEV GE VERNOVA INC 0.2%

Value $10.54M (-55.0%) Shares 12,075 (-66.3%) Est. Cost $379.04 Unrealized +94.4%

DOV DOVER CORP 0.3%

Value $18.76M (-39.9%) Shares 90,000 (-43.8%) Est. Cost $177.43 Unrealized +21.0%

MTZ MASTEC INC 0.4%

Value $22.52M (-35.2%) Shares 70,000 (-56.3%) Est. Cost $158.10 Unrealized +58.2%

ITT ITT INC 0.6%

Value $32.75M (-26.6%) Shares 171,869 (-33.1%) Est. Cost $148.84 Unrealized +28.0%

WWD WOODWARD INC 0.1%

Value $8.465M (-58.0%) Shares 23,650 (-64.5%) Est. Cost $221.07 Unrealized +59.8%

APH AMPHENOL CORP 0.3%

Value $16.43M (-40.7%) Shares 130,000 (-36.6%) Est. Cost $110.34 Unrealized +32.7%

GM GENERAL MTRS CO 0.1%

Value $5.588M (-66.8%) Shares 75,000 (-63.8%) Est. Cost $63.22 Unrealized +30.1%

SHOO MADDEN STEVEN LTD 0.6%

Value $37.21M (-22.5%) Shares 1,097,000 (-4.8%) Est. Cost $28.35 Unrealized +47.3%

GTES GATES INDL CORP PLC 0.2%

Value $11.76M (-47.8%) Shares 520,000 (-50.5%) Est. Cost $21.46 Unrealized +15.1%

WMS ADVANCED DRAIN SYS INC DEL 0.1%

Value $7.949M (-53.4%) Shares 57,966 (-50.8%) Est. Cost $121.19 Unrealized +33.0%

BA BOEING CO 0.1%

Value $3.981M (-69.4%) Shares 20,000 (-66.7%) Est. Cost $179.53 Unrealized +32.9%

RBLX ROBLOX CORP 0.2%

Value $11.31M (-44.2%) Shares 200,000 (-20.0%) Est. Cost $90.47 Unrealized -20.7%

— CONSTELLIUM SE 0.7%

Value $41.34M (+26.6%) Shares 1,681,708 (-2.9%) Est. Cost $14.89 Unrealized —

GEV GE VERNOVA INC 0.3%

Value $17.46M (-33.2%) Shares 20,000 (-50.0%) Est. Cost $379.04 Unrealized +94.4%

AMZN AMAZON COM INC 0.5%

Value $26.03M (-24.8%) Shares 125,000 (-16.7%) Est. Cost $147.03 Unrealized +54.3%

MOD MODINE MFG CO 0.1%

Value $6.501M (-55.7%) Shares 30,000 (-72.7%) Est. Cost $112.84 Unrealized +56.4%

OSK OSHKOSH CORP 0.2%

Value $10.3M (-43.4%) Shares 70,000 (-51.7%) Est. Cost $127.92 Unrealized +23.5%

HUBB HUBBELL INC 0.2%

Value $11.34M (-40.5%) Shares 23,110 (-46.2%) Est. Cost $422.11 Unrealized +17.3%

PWR QUANTA SVCS INC 0.4%

Value $21.96M (-25.7%) Shares 40,000 (-42.9%) Est. Cost $321.32 Unrealized +51.3%

ROK ROCKWELL AUTOMATION INC 0.2%

Value $9.773M (-43.7%) Shares 27,233 (-38.9%) Est. Cost $315.11 Unrealized +30.2%

GEV GE VERNOVA INC 0.6%

Value $34.92M (-17.8%) Shares 40,000 (-38.5%) Est. Cost $379.04 Unrealized +94.4%

HUBB HUBBELL INC 0.3%

Value $14.72M (-33.7%) Shares 30,000 (-40.0%) Est. Cost $422.11 Unrealized +17.3%

GOOGL ALPHABET INC 0.7%

Value $39.27M (-15.6%) Shares 136,575 (-8.2%) Est. Cost $163.29 Unrealized +98.0%

TSLA TESLA INC 0.1%

Value $3.383M (-68.0%) Shares 9,100 (-61.3%) Est. Cost $353.80 Unrealized +20.4%

FEZ SPDR INDEX SHS FDS 0.3%

Value $15.52M (-31.1%) Shares 250,000 (-28.6%) Est. Cost — Unrealized —

URI UNITED RENTALS INC 0.0%

Value $1.457M (-82.0%) Shares 2,000 (-80.0%) Est. Cost $777.13 Unrealized +13.6%

HAYW HAYWARD HLDGS INC 0.0%

Value $2.676M (-71.1%) Shares 200,000 (-66.7%) Est. Cost $15.60 Unrealized +4.3%

JBTM JBT MAREL CORPORATION 0.1%

Value $5.923M (-51.1%) Shares 46,323 (-42.4%) Est. Cost $114.03 Unrealized +40.0%

— TRANE TECHNOLOGIES PLC 0.1%

Value $4.347M (-56.4%) Shares 10,432 (-59.3%) Est. Cost $406.08 Unrealized —

WWD WOODWARD INC 0.1%

Value $7.158M (-40.8%) Shares 20,000 (-50.0%) Est. Cost $221.07 Unrealized +59.8%

CW CURTISS WRIGHT CORP 0.4%

Value $25.42M (-15.8%) Shares 37,322 (-31.8%) Est. Cost $474.43 Unrealized +37.2%

CCJ CAMECO CORP 0.2%

Value $13.58M (-25.8%) Shares 125,000 (-37.5%) Est. Cost $61.17 Unrealized +90.1%

OSK OSHKOSH CORP 0.1%

Value $5.054M (-45.6%) Shares 34,329 (-53.6%) Est. Cost $127.92 Unrealized +23.5%

DAL DELTA AIR LINES INC 0.0%

Value $997K (-79.5%) Shares 15,000 (-78.6%) Est. Cost $58.04 Unrealized +20.4%

XYL XYLEM INC 0.3%

Value $17.72M (-17.8%) Shares 148,245 (-6.3%) Est. Cost $136.68 Unrealized -0.2%

HWM HOWMET AEROSPACE INC 0.1%

Value $5.807M (-39.0%) Shares 25,198 (-45.7%) Est. Cost $178.25 Unrealized +27.1%

HAYW HAYWARD HLDGS INC 0.1%

Value $8.2M (-30.8%) Shares 612,846 (-20.1%) Est. Cost $15.60 Unrealized +4.3%

TKR TIMKEN CO 0.1%

Value $5.029M (-40.2%) Shares 50,000 (-50.0%) Est. Cost $79.55 Unrealized +23.7%

LHX L3HARRIS TECHNOLOGIES INC 0.1%

Value $6.088M (-34.5%) Shares 17,639 (-44.3%) Est. Cost $244.05 Unrealized +40.6%

WWD WOODWARD INC 0.2%

Value $8.948M (-26.0%) Shares 25,000 (-37.5%) Est. Cost $221.07 Unrealized +59.8%

TEX TEREX CORP NEW 0.0%

Value $1.959M (-60.2%) Shares 33,139 (-64.1%) Est. Cost $50.69 Unrealized +23.0%

CTVA CORTEVA INC 0.2%

Value $10.46M (-21.9%) Shares 125,000 (-37.5%) Est. Cost $64.54 Unrealized +12.7%

TSLA TESLA INC 0.0%

Value $1.859M (-58.7%) Shares 5,000 (-50.0%) Est. Cost $353.80 Unrealized +20.4%

WCC WESCO INTL INC 0.0%

Value $1.873M (-57.9%) Shares 6,847 (-62.4%) Est. Cost $176.87 Unrealized +63.0%

PNR PENTAIR PLC 0.1%

Value $7.84M (-24.7%) Shares 90,000 (-10.0%) Est. Cost $88.17 Unrealized +16.3%

UNP UNION PAC CORP 0.1%

Value $3.639M (-41.4%) Shares 15,000 (-44.1%) Est. Cost $220.76 Unrealized +10.2%

DOV DOVER CORP 0.4%

Value $24.89M (-9.2%) Shares 119,397 (-14.9%) Est. Cost $177.43 Unrealized +21.0%

PHM PULTE GROUP INC 0.1%

Value $2.932M (-45.5%) Shares 24,926 (-45.7%) Est. Cost $123.61 Unrealized +6.3%

ON ON SEMICONDUCTOR CORP 0.1%

Value $4.608M (-31.6%) Shares 74,424 (-40.2%) Est. Cost $52.37 Unrealized +22.4%

— SIEMENS ENERGY AG 0.6%

Value $35.7M (-5.5%) Shares 217,139 (-18.7%) Est. Cost $75.07 Unrealized —

NVT NVENT ELEC PLC 0.1%

Value $4.924M (-29.3%) Shares 41,633 (-39.1%) Est. Cost $62.00 Unrealized +81.2%

XYL XYLEM INC 0.1%

Value $4.78M (-29.8%) Shares 40,000 (-20.0%) Est. Cost $136.68 Unrealized -0.2%

MAS MASCO CORP 0.1%

Value $2.933M (-39.5%) Shares 48,585 (-36.4%) Est. Cost $68.90 Unrealized +2.5%

PWR QUANTA SVCS INC 0.2%

Value $10.98M (-13.3%) Shares 20,000 (-33.3%) Est. Cost $321.32 Unrealized +51.3%

STLD STEEL DYNAMICS INC 0.3%

Value $18.9M (-7.1%) Shares 105,000 (-12.5%) Est. Cost $146.71 Unrealized +25.5%

BATRK ATLANTA BRAVES HLDGS INC 0.1%

Value $8.099M (-14.3%) Shares 189,666 (-20.9%) Est. Cost $37.76 Unrealized +7.5%

MTZ MASTEC INC 0.2%

Value $9.652M (-11.2%) Shares 30,000 (-40.0%) Est. Cost $158.10 Unrealized +58.2%

VRT VERTIV HOLDINGS CO 0.1%

Value $6.117M (+17.3%) Shares 24,413 (-24.2%) Est. Cost $133.31 Unrealized +49.9%

LHX L3HARRIS TECHNOLOGIES INC 0.2%

Value $13.81M (-5.9%) Shares 40,000 (-20.0%) Est. Cost $244.05 Unrealized +40.6%

MTZ MASTEC INC 0.2%

Value $11.54M (-6.9%) Shares 35,857 (-37.1%) Est. Cost $158.10 Unrealized +58.2%

CAT CATERPILLAR INC 0.1%

Value $6.08M (+14.8%) Shares 8,582 (-7.2%) Est. Cost $398.58 Unrealized +71.7%

VRT VERTIV HOLDINGS CO 0.1%

Value $5.012M (-11.6%) Shares 20,000 (-42.9%) Est. Cost $133.31 Unrealized +49.9%

VRT VERTIV HOLDINGS CO 0.2%

Value $10.02M (-4.8%) Shares 40,000 (-38.5%) Est. Cost $133.31 Unrealized +49.9%

TEX TEREX CORP NEW 0.2%

Value $8.865M (-5.1%) Shares 150,000 (-14.3%) Est. Cost $50.69 Unrealized +23.0%

PKG PACKAGING CORP AMER 0.9%

Value $51.51M (+0.8%) Shares 242,700 (-2.0%) Est. Cost $211.51 Unrealized +7.0%

HWM HOWMET AEROSPACE INC 0.1%

Value $5.761M (-6.3%) Shares 25,000 (-16.7%) Est. Cost $178.25 Unrealized +27.1%

TKR TIMKEN CO 0.0%

Value $2.77M (+15.5%) Shares 27,539 (-3.4%) Est. Cost $79.55 Unrealized +23.7%

CCJ CAMECO CORP 0.6%

Value $32.76M (+1.0%) Shares 301,594 (-14.9%) Est. Cost $61.17 Unrealized +90.1%

PWR QUANTA SVCS INC 0.2%

Value $14.34M (+0.4%) Shares 26,112 (-22.8%) Est. Cost $321.32 Unrealized +51.3%

NPO ENPRO INC 0.2%

Value $12.53M (+0.2%) Shares 49,972 (-14.4%) Est. Cost $174.38 Unrealized +43.2%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MMM	3M CO	51,268 (-88.6%)	$7.446M (-89.7%)	0.1%	$125.87	+30.3%	COM	88579Y101
DASH	DOORDASH INC	84,550 (-74.6%)	$12.7M (-83.1%)	0.2%	$207.13	-5.0%	CL A	25809K105
CELH	CELSIUS HLDGS INC	328,625 (-73.2%)	$11.66M (-79.2%)	0.2%	$40.81	+24.2%	COM NEW	15118V207
META	META PLATFORMS INC	105,900 (-33.2%)	$60.59M (-42.1%)	1.0%	$699.94	-6.3%	CL A	30303M102
JCI	JOHNSON CONTROLS INTERNATION	160,000 (-65.2%)	$20.95M (-62.0%)	0.4%	$94.27	+33.7%	CALL	G51502105
SPOT	SPOTIFY TECHNOLOGY S A	50,000 (-50.0%)	$24.25M (-58.2%)	0.4%	$497.31	0.0%	CALL	L8681T102
CAT	CATERPILLAR INC	60,000 (-53.8%)	$42.51M (-42.9%)	0.7%	$398.58	+71.7%	CALL	149123101
PFGC	PERFORMANCE FOOD GROUP CO	692,500 (-29.2%)	$59.32M (-32.6%)	1.0%	$87.80	+7.1%	COM	71377A103
BA	BOEING CO	20,000 (-86.4%)	$3.981M (-87.6%)	0.1%	$179.53	+32.9%	COM	097023105
BURL	BURLINGTON STORES INC	81,562 (-53.5%)	$26.54M (-47.6%)	0.5%	$271.28	+12.1%	COM	122017106
CR	CRANE COMPANY	126,153 (-48.7%)	$21.57M (-52.4%)	0.4%	$153.59	+29.1%	COMMON STOCK	224408104
ORA	ORMAT TECHNOLOGIES INC	30,613 (-87.3%)	$3.426M (-87.2%)	0.1%	$98.82	+21.9%	COM	686688102
JCI	JOHNSON CONTROLS INTERNATION	188,879 (-52.7%)	$24.73M (-48.3%)	0.4%	$94.27	+33.7%	SHS	G51502105
ESI	ELEMENT SOLUTIONS INC	3,102,366 (-6.6%)	$106M (+27.7%)	1.8%	$21.53	+41.6%	COM	28618M106
—	BIRKENSTOCK HOLDING PLC	248,000 (-67.4%)	$8.886M (-71.5%)	0.2%	$40.90	—	COM	00BS44BN3
BA	BOEING CO	130,000 (-40.9%)	$25.87M (-45.8%)	0.4%	$179.53	+32.9%	CALL	097023105
CSCCF	CAPSTONE COPPER CORP	1,119,024 (-62.6%)	$8.445M (-71.9%)	0.1%	$5.82	+85.9%	COM	14071L108
PH	PARKER-HANNIFIN CORP	55,000 (-31.3%)	$49.24M (-30.0%)	0.9%	$562.68	+70.2%	CALL	701094104
DASH	DOORDASH INC	240,000 (-4.0%)	$36.04M (-36.4%)	0.6%	$207.13	-5.0%	CALL	25809K105
CR	CRANE COMPANY	150,000 (-40.0%)	$25.65M (-44.4%)	0.4%	$153.59	+29.1%	CALL	224408104
MMM	3M CO	80,000 (-60.0%)	$11.62M (-63.7%)	0.2%	$125.87	+30.3%	PUT	88579Y101
ROK	ROCKWELL AUTOMATION INC	20,000 (-71.4%)	$7.178M (-73.6%)	0.1%	$315.11	+30.2%	CALL	773903109
MMM	3M CO	50,000 (-70.6%)	$7.261M (-73.3%)	0.1%	$125.87	+30.3%	CALL	88579Y101
ETN	EATON CORP PLC	60,000 (-53.8%)	$21.46M (-48.2%)	0.4%	$341.50	+3.6%	CALL	G29183103
W	WAYFAIR INC	391,988 (-19.9%)	$29.48M (-40.0%)	0.5%	$96.17	+3.4%	CL A	94419L101
GE	GE AEROSPACE	82,236 (-40.6%)	$23.34M (-45.3%)	0.4%	$161.71	+96.8%	COM NEW	369604301
GE	GE AEROSPACE	80,000 (-38.5%)	$22.7M (-43.3%)	0.4%	$161.71	+96.8%	CALL	369604301
WMS	ADVANCED DRAIN SYS INC DEL	70,000 (-61.1%)	$9.599M (-63.2%)	0.2%	$121.19	+33.0%	CALL	00790R104
PH	PARKER-HANNIFIN CORP	33,783 (-36.3%)	$30.24M (-35.1%)	0.5%	$562.68	+70.2%	COM	701094104
NVT	NVENT ELEC PLC	80,000 (-68.0%)	$9.462M (-62.9%)	0.2%	$62.00	+81.2%	CALL	G6700G107
GTES	GATES INDL CORP PLC	292,894 (-72.2%)	$6.622M (-70.7%)	0.1%	$21.46	+15.1%	ORD SHS	G39108108
EL	LAUDER ESTEE COS INC	391,901 (-7.0%)	$28.13M (-36.2%)	0.5%	$83.98	+33.2%	CL A	518439104
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	10,000 (-85.5%)	$1.975M (-88.8%)	0.0%	$230.43	-2.4%	COM	874054109
URI	UNITED RENTALS INC	3,896 (-81.8%)	$2.838M (-83.6%)	0.0%	$777.13	+13.6%	COM	911363109
GE	GE AEROSPACE	80,000 (-33.3%)	$22.7M (-38.6%)	0.4%	$161.71	+96.8%	PUT	369604301
CVNA	CARVANA CO	50,000 (-28.6%)	$15.72M (-46.8%)	0.3%	$408.48	0.0%	CALL	146869102
GM	GENERAL MTRS CO	100,000 (-61.5%)	$7.45M (-64.8%)	0.1%	$63.22	+30.1%	CALL	37045V100
NXT	NEXTPOWER INC	141,250 (-59.0%)	$17.03M (-43.3%)	0.3%	$58.93	+84.6%	CLASS A COM	65290E101
GEV	GE VERNOVA INC	12,075 (-66.3%)	$10.54M (-55.0%)	0.2%	$379.04	+94.4%	COM	36828A101
DOV	DOVER CORP	90,000 (-43.8%)	$18.76M (-39.9%)	0.3%	$177.43	+21.0%	CALL	260003108
MTZ	MASTEC INC	70,000 (-56.3%)	$22.52M (-35.2%)	0.4%	$158.10	+58.2%	CALL	576323109
ITT	ITT INC	171,869 (-33.1%)	$32.75M (-26.6%)	0.6%	$148.84	+28.0%	COM	45073V108
WWD	WOODWARD INC	23,650 (-64.5%)	$8.465M (-58.0%)	0.1%	$221.07	+59.8%	COM	980745103
APH	AMPHENOL CORP	130,000 (-36.6%)	$16.43M (-40.7%)	0.3%	$110.34	+32.7%	CALL	032095101
GM	GENERAL MTRS CO	75,000 (-63.8%)	$5.588M (-66.8%)	0.1%	$63.22	+30.1%	COM	37045V100
SHOO	MADDEN STEVEN LTD	1,097,000 (-4.8%)	$37.21M (-22.5%)	0.6%	$28.35	+47.3%	COM	556269108
GTES	GATES INDL CORP PLC	520,000 (-50.5%)	$11.76M (-47.8%)	0.2%	$21.46	+15.1%	CALL	G39108108
WMS	ADVANCED DRAIN SYS INC DEL	57,966 (-50.8%)	$7.949M (-53.4%)	0.1%	$121.19	+33.0%	COM	00790R104
BA	BOEING CO	20,000 (-66.7%)	$3.981M (-69.4%)	0.1%	$179.53	+32.9%	PUT	097023105
RBLX	ROBLOX CORP	200,000 (-20.0%)	$11.31M (-44.2%)	0.2%	$90.47	-20.7%	PUT	771049103
—	CONSTELLIUM SE	1,681,708 (-2.9%)	$41.34M (+26.6%)	0.7%	$14.89	—	COM	N22035104
GEV	GE VERNOVA INC	20,000 (-50.0%)	$17.46M (-33.2%)	0.3%	$379.04	+94.4%	PUT	36828A101
AMZN	AMAZON COM INC	125,000 (-16.7%)	$26.03M (-24.8%)	0.5%	$147.03	+54.3%	CALL	023135106
MOD	MODINE MFG CO	30,000 (-72.7%)	$6.501M (-55.7%)	0.1%	$112.84	+56.4%	CALL	607828100
OSK	OSHKOSH CORP	70,000 (-51.7%)	$10.3M (-43.4%)	0.2%	$127.92	+23.5%	CALL	688239201
HUBB	HUBBELL INC	23,110 (-46.2%)	$11.34M (-40.5%)	0.2%	$422.11	+17.3%	COM	443510607
PWR	QUANTA SVCS INC	40,000 (-42.9%)	$21.96M (-25.7%)	0.4%	$321.32	+51.3%	CALL	74762E102
ROK	ROCKWELL AUTOMATION INC	27,233 (-38.9%)	$9.773M (-43.7%)	0.2%	$315.11	+30.2%	COM	773903109
GEV	GE VERNOVA INC	40,000 (-38.5%)	$34.92M (-17.8%)	0.6%	$379.04	+94.4%	CALL	36828A101
HUBB	HUBBELL INC	30,000 (-40.0%)	$14.72M (-33.7%)	0.3%	$422.11	+17.3%	CALL	443510607
GOOGL	ALPHABET INC	136,575 (-8.2%)	$39.27M (-15.6%)	0.7%	$163.29	+98.0%	CAP STK CL A	02079K305
TSLA	TESLA INC	9,100 (-61.3%)	$3.383M (-68.0%)	0.1%	$353.80	+20.4%	COM	88160R101
FEZ	SPDR INDEX SHS FDS	250,000 (-28.6%)	$15.52M (-31.1%)	0.3%	—	—	PUT	78463X202
URI	UNITED RENTALS INC	2,000 (-80.0%)	$1.457M (-82.0%)	0.0%	$777.13	+13.6%	PUT	911363109
HAYW	HAYWARD HLDGS INC	200,000 (-66.7%)	$2.676M (-71.1%)	0.0%	$15.60	+4.3%	CALL	421298100
JBTM	JBT MAREL CORPORATION	46,323 (-42.4%)	$5.923M (-51.1%)	0.1%	$114.03	+40.0%	COM	477839104
—	TRANE TECHNOLOGIES PLC	10,432 (-59.3%)	$4.347M (-56.4%)	0.1%	$406.08	—	COM	00BK9ZQ96
WWD	WOODWARD INC	20,000 (-50.0%)	$7.158M (-40.8%)	0.1%	$221.07	+59.8%	CALL	980745103
CW	CURTISS WRIGHT CORP	37,322 (-31.8%)	$25.42M (-15.8%)	0.4%	$474.43	+37.2%	COM	231561101
CCJ	CAMECO CORP	125,000 (-37.5%)	$13.58M (-25.8%)	0.2%	$61.17	+90.1%	CALL	13321L108
OSK	OSHKOSH CORP	34,329 (-53.6%)	$5.054M (-45.6%)	0.1%	$127.92	+23.5%	COM	688239201
DAL	DELTA AIR LINES INC	15,000 (-78.6%)	$997K (-79.5%)	0.0%	$58.04	+20.4%	COM NEW	247361702
XYL	XYLEM INC	148,245 (-6.3%)	$17.72M (-17.8%)	0.3%	$136.68	-0.2%	COM	98419M100
HWM	HOWMET AEROSPACE INC	25,198 (-45.7%)	$5.807M (-39.0%)	0.1%	$178.25	+27.1%	COM	443201108
HAYW	HAYWARD HLDGS INC	612,846 (-20.1%)	$8.2M (-30.8%)	0.1%	$15.60	+4.3%	COM	421298100
TKR	TIMKEN CO	50,000 (-50.0%)	$5.029M (-40.2%)	0.1%	$79.55	+23.7%	CALL	887389104
LHX	L3HARRIS TECHNOLOGIES INC	17,639 (-44.3%)	$6.088M (-34.5%)	0.1%	$244.05	+40.6%	COM	502431109
WWD	WOODWARD INC	25,000 (-37.5%)	$8.948M (-26.0%)	0.2%	$221.07	+59.8%	PUT	980745103
TEX	TEREX CORP NEW	33,139 (-64.1%)	$1.959M (-60.2%)	0.0%	$50.69	+23.0%	COM	880779103
CTVA	CORTEVA INC	125,000 (-37.5%)	$10.46M (-21.9%)	0.2%	$64.54	+12.7%	COM	22052L104
TSLA	TESLA INC	5,000 (-50.0%)	$1.859M (-58.7%)	0.0%	$353.80	+20.4%	PUT	88160R101
WCC	WESCO INTL INC	6,847 (-62.4%)	$1.873M (-57.9%)	0.0%	$176.87	+63.0%	COM	95082P105
PNR	PENTAIR PLC	90,000 (-10.0%)	$7.84M (-24.7%)	0.1%	$88.17	+16.3%	CALL	G7S00T104
UNP	UNION PAC CORP	15,000 (-44.1%)	$3.639M (-41.4%)	0.1%	$220.76	+10.2%	COM	907818108
DOV	DOVER CORP	119,397 (-14.9%)	$24.89M (-9.2%)	0.4%	$177.43	+21.0%	COM	260003108
PHM	PULTE GROUP INC	24,926 (-45.7%)	$2.932M (-45.5%)	0.1%	$123.61	+6.3%	COM	745867101
ON	ON SEMICONDUCTOR CORP	74,424 (-40.2%)	$4.608M (-31.6%)	0.1%	$52.37	+22.4%	COM	682189105
—	SIEMENS ENERGY AG	217,139 (-18.7%)	$35.7M (-5.5%)	0.6%	$75.07	—	COM	00BMTVQK9
NVT	NVENT ELEC PLC	41,633 (-39.1%)	$4.924M (-29.3%)	0.1%	$62.00	+81.2%	SHS	G6700G107
XYL	XYLEM INC	40,000 (-20.0%)	$4.78M (-29.8%)	0.1%	$136.68	-0.2%	CALL	98419M100
MAS	MASCO CORP	48,585 (-36.4%)	$2.933M (-39.5%)	0.1%	$68.90	+2.5%	COM	574599106
PWR	QUANTA SVCS INC	20,000 (-33.3%)	$10.98M (-13.3%)	0.2%	$321.32	+51.3%	PUT	74762E102
STLD	STEEL DYNAMICS INC	105,000 (-12.5%)	$18.9M (-7.1%)	0.3%	$146.71	+25.5%	COM	858119100
BATRK	ATLANTA BRAVES HLDGS INC	189,666 (-20.9%)	$8.099M (-14.3%)	0.1%	$37.76	+7.5%	COM SER C	047726302
MTZ	MASTEC INC	30,000 (-40.0%)	$9.652M (-11.2%)	0.2%	$158.10	+58.2%	PUT	576323109
VRT	VERTIV HOLDINGS CO	24,413 (-24.2%)	$6.117M (+17.3%)	0.1%	$133.31	+49.9%	COM CL A	92537N108
LHX	L3HARRIS TECHNOLOGIES INC	40,000 (-20.0%)	$13.81M (-5.9%)	0.2%	$244.05	+40.6%	CALL	502431109
MTZ	MASTEC INC	35,857 (-37.1%)	$11.54M (-6.9%)	0.2%	$158.10	+58.2%	COM	576323109
CAT	CATERPILLAR INC	8,582 (-7.2%)	$6.08M (+14.8%)	0.1%	$398.58	+71.7%	COM	149123101
VRT	VERTIV HOLDINGS CO	20,000 (-42.9%)	$5.012M (-11.6%)	0.1%	$133.31	+49.9%	PUT	92537N108
VRT	VERTIV HOLDINGS CO	40,000 (-38.5%)	$10.02M (-4.8%)	0.2%	$133.31	+49.9%	CALL	92537N108
TEX	TEREX CORP NEW	150,000 (-14.3%)	$8.865M (-5.1%)	0.2%	$50.69	+23.0%	CALL	880779103
PKG	PACKAGING CORP AMER	242,700 (-2.0%)	$51.51M (+0.8%)	0.9%	$211.51	+7.0%	COM	695156109
HWM	HOWMET AEROSPACE INC	25,000 (-16.7%)	$5.761M (-6.3%)	0.1%	$178.25	+27.1%	PUT	443201108
TKR	TIMKEN CO	27,539 (-3.4%)	$2.77M (+15.5%)	0.0%	$79.55	+23.7%	COM	887389104
CCJ	CAMECO CORP	301,594 (-14.9%)	$32.76M (+1.0%)	0.6%	$61.17	+90.1%	COM	13321L108
PWR	QUANTA SVCS INC	26,112 (-22.8%)	$14.34M (+0.4%)	0.2%	$321.32	+51.3%	COM	74762E102
NPO	ENPRO INC	49,972 (-14.4%)	$12.53M (+0.2%)	0.2%	$174.38	+43.2%	COM	29355X107

Unchanged Positions (15)

DNN DENISON MINES CORP 0.5%

Value $26.62M Shares 7,511,802 Est. Cost $1.92 Unrealized +96.3%

CASY CASEYS GEN STORES INC 0.2%

Value $12.54M Shares 17,232 Est. Cost $273.10 Unrealized +131.1%

CAT CATERPILLAR INC 0.2%

Value $14.17M Shares 20,000 Est. Cost $398.58 Unrealized +71.7%

HWM HOWMET AEROSPACE INC 0.2%

Value $13.83M Shares 60,000 Est. Cost $178.25 Unrealized +27.1%

NPO ENPRO INC 0.2%

Value $10.03M Shares 40,000 Est. Cost $174.38 Unrealized +43.2%

JBTM JBT MAREL CORPORATION 0.1%

Value $5.115M Shares 40,000 Est. Cost $114.03 Unrealized +40.0%

— TRANE TECHNOLOGIES PLC 0.2%

Value $12.5M Shares 30,000 Est. Cost $406.08 Unrealized —

GTES GATES INDL CORP PLC 0.1%

Value $6.783M Shares 300,000 Est. Cost $21.46 Unrealized +15.1%

— TRANE TECHNOLOGIES PLC 0.1%

Value $4.167M Shares 10,000 Est. Cost $406.08 Unrealized —

— SAFRAN 0.1%

Value $3.23M Shares 10,000 Est. Cost — Unrealized —

TEX TEREX CORP NEW 0.0%

Value $2.364M Shares 40,000 Est. Cost $50.69 Unrealized +23.0%

SHY ISHARES TR 0.9%

Value $50.01M Shares 605,726 Est. Cost $82.04 Unrealized —

TLT ISHARES TR 0.4%

Value $21.37M Shares 246,549 Est. Cost $91.03 Unrealized —

VGSH VANGUARD SCOTTSDALE FDS 0.5%

Value $30.01M Shares 512,714 Est. Cost $58.24 Unrealized —

PHM PULTE GROUP INC 0.0%

Value $2.352M Shares 20,000 Est. Cost $123.61 Unrealized +6.3%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DNN	DENISON MINES CORP	7,511,802	$26.62M	0.5%	$1.92	+96.3%	COM	248356107
CASY	CASEYS GEN STORES INC	17,232	$12.54M	0.2%	$273.10	+131.1%	COM	147528103
CAT	CATERPILLAR INC	20,000	$14.17M	0.2%	$398.58	+71.7%	PUT	149123101
HWM	HOWMET AEROSPACE INC	60,000	$13.83M	0.2%	$178.25	+27.1%	CALL	443201108
NPO	ENPRO INC	40,000	$10.03M	0.2%	$174.38	+43.2%	CALL	29355X107
JBTM	JBT MAREL CORPORATION	40,000	$5.115M	0.1%	$114.03	+40.0%	PUT	477839104
—	TRANE TECHNOLOGIES PLC	30,000	$12.5M	0.2%	$406.08	—	CALL	00BK9ZQ96
GTES	GATES INDL CORP PLC	300,000	$6.783M	0.1%	$21.46	+15.1%	PUT	G39108108
—	TRANE TECHNOLOGIES PLC	10,000	$4.167M	0.1%	$406.08	—	PUT	00BK9ZQ96
—	SAFRAN	10,000	$3.23M	0.1%	—	—	PUT	00B058TZ6
TEX	TEREX CORP NEW	40,000	$2.364M	0.0%	$50.69	+23.0%	PUT	880779103
SHY	ISHARES TR	605,726	$50.01M	0.9%	$82.04	—	1 3 YR TREAS BD	464287457
TLT	ISHARES TR	246,549	$21.37M	0.4%	$91.03	—	20 YR TR BD ETF	464287432
VGSH	VANGUARD SCOTTSDALE FDS	512,714	$30.01M	0.5%	$58.24	—	SHORT TERM TREAS	92206C102
PHM	PULTE GROUP INC	20,000	$2.352M	0.0%	$123.61	+6.3%	PUT	745867101