Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WBD	WARNER BROS DISCOVERY INC	460,300	$12.64M	6.9%	$24.39	+15.8%	PUT	934423104
TLN	TALEN ENERGY CORP	28,000	$8.938M	4.9%	$138.87	+165.2%	CALL	87422Q109
JHG	JANUS HENDERSON GROUP PLC	156,300	$8.029M	4.4%	$48.49	0.0%	ORD SHS	G4474Y214
NFLX	NETFLIX INC.	50,000	$4.808M	2.6%	—	—	CALL	64110L106
NATL	NCR ATLEOS CORPORATION	75,000	$3.268M	1.8%	$39.47	0.0%	COM SHS	63001N106
MASI	MASIMO CORP	15,000	$2.668M	1.4%	$145.14	0.0%	COM	574795100
GDX	VANECK ETF TRUST	25,000	$2.294M	1.2%	$85.77	—	CALL	92189F106
VSAT	VIASAT INC	50,000	$2.29M	1.2%	$29.41	+48.6%	CALL	92552V100
PEN	PENUMBRA INC	6,130	$2.013M	1.1%	$339.56	0.0%	COM	70975L107
BL	BLACKLINE INC	21,500	$796K	0.4%	$46.64	0.0%	COM	09239B109

Increased Positions (6)

WBD WARNER BROS DISCOVERY INC 13.1%

Value $24.17M (+131.4%) Shares 880,303 (+142.8%) Est. Cost $24.39 Unrealized +15.8%

VISN VISTANCE NETWORKS INC 2.9%

Value $5.3M (+259.6%) Shares 291,200 (+258.2%) Est. Cost $16.95 Unrealized +9.1%

TDAY USA TODAY CO INC 2.9%

Value $5.329M (+158.7%) Shares 755,914 (+89.0%) Est. Cost $5.27 Unrealized +12.2%

VSAT VIASAT INC 3.3%

Value $6.125M (+83.9%) Shares 133,732 (+38.4%) Est. Cost $29.41 Unrealized +48.6%

KVUE KENVUE INC 2.4%

Value $4.417M (+99.7%) Shares 256,200 (+99.8%) Est. Cost $16.96 Unrealized +4.2%

EA ELECTRONIC ARTS INC 3.9%

Value $7.135M (+23.8%) Shares 35,000 (+24.1%) Est. Cost $172.49 Unrealized +17.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WBD	WARNER BROS DISCOVERY INC	880,303 (+142.8%)	$24.17M (+131.4%)	13.1%	$24.39	+15.8%	COM SER A	934423104
VISN	VISTANCE NETWORKS INC	291,200 (+258.2%)	$5.3M (+259.6%)	2.9%	$16.95	+9.1%	COM	20337X109
TDAY	USA TODAY CO INC	755,914 (+89.0%)	$5.329M (+158.7%)	2.9%	$5.27	+12.2%	COM	36472T109
VSAT	VIASAT INC	133,732 (+38.4%)	$6.125M (+83.9%)	3.3%	$29.41	+48.6%	COM	92552V100
KVUE	KENVUE INC	256,200 (+99.8%)	$4.417M (+99.7%)	2.4%	$16.96	+4.2%	COM	49177J102
EA	ELECTRONIC ARTS INC	35,000 (+24.1%)	$7.135M (+23.8%)	3.9%	$172.49	+17.4%	COM	285512109

Exited Positions (19)

— CYBERARK SOFTWARE LTD 13.7%

Value $25.2M Shares 56,500 Est. Cost $468.71 Unrealized —

— FRONTIER COMMUNICATIONS PARE 7.7%

Value $14.21M Shares 373,171 Est. Cost $35.41 Unrealized —

WBD WARNER BROS DISCOVERY INC 5.4%

Value $9.92M Shares 344,200 Est. Cost $24.39 Unrealized +15.8%

CFLT CONFLUENT INC 4.6%

Value $8.461M Shares 279,792 Est. Cost $24.55 Unrealized +24.2%

IAG IAMGOLD CORP 4.5%

Value $8.245M Shares 500,000 Est. Cost $3.30 Unrealized +499.6%

SPY SPDR S&P 500 ETF TR 4.4%

Value $8.183M Shares 12,000 Est. Cost $681.92 Unrealized —

KMB KIMBERLY-CLARK CORP 3.8%

Value $7.022M Shares 69,600 Est. Cost — Unrealized —

EXAS EXACT SCIENCES CORP 3.8%

Value $6.916M Shares 68,100 Est. Cost $80.31 Unrealized +27.8%

GDX VANECK ETF TRUST 3.5%

Value $6.433M Shares 75,000 Est. Cost $85.77 Unrealized —

GDXJ VANECK ETF TRUST 3.4%

Value $6.258M Shares 55,000 Est. Cost — Unrealized —

RNAM AVIDITY BIOSCIENCES INC 3.3%

Value $6.109M Shares 84,700 Est. Cost $64.59 Unrealized +12.5%

IWN ISHARES TR 2.7%

Value $4.983M Shares 27,500 Est. Cost $181.21 Unrealized —

B BARRICK MNG CORP 2.4%

Value $4.355M Shares 100,000 Est. Cost $37.42 Unrealized +29.1%

XLK SELECT SECTOR SPDR TR 2.3%

Value $4.319M Shares 30,000 Est. Cost $143.97 Unrealized —

WULF TERAWULF INC 2.2%

Value $4.021M Shares 350,000 Est. Cost $7.64 Unrealized +90.9%

PLYM PLYMOUTH INDL REIT INC 1.5%

Value $2.691M Shares 123,000 Est. Cost $22.33 Unrealized —

PSKY PARAMOUNT SKYDANCE CORP 0.5%

Value $844K Shares 63,000 Est. Cost — Unrealized —

USAR USA RARE EARTH INC 0.1%

Value $245K Shares 20,600 Est. Cost $19.05 Unrealized +5.8%

— ASPIRE BIOPHARMA HLDGS INC 0.0%

Value $7,724 Shares 58,563 Est. Cost $0.21 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CYBERARK SOFTWARE LTD	56,500	$25.2M	13.7%	$468.71	—	—	M2682V108
—	FRONTIER COMMUNICATIONS PARE	373,171	$14.21M	7.7%	$35.41	—	—	35909D109
WBD	WARNER BROS DISCOVERY INC	344,200	$9.92M	5.4%	$24.39	+15.8%	CALL	934423104
CFLT	CONFLUENT INC	279,792	$8.461M	4.6%	$24.55	+24.2%	—	20717M103
IAG	IAMGOLD CORP	500,000	$8.245M	4.5%	$3.30	+499.6%	PUT	450913108
SPY	SPDR S&P 500 ETF TR	12,000	$8.183M	4.4%	$681.92	—	—	78462F103
KMB	KIMBERLY-CLARK CORP	69,600	$7.022M	3.8%	—	—	CALL	494368103
EXAS	EXACT SCIENCES CORP	68,100	$6.916M	3.8%	$80.31	+27.8%	—	30063P105
GDX	VANECK ETF TRUST	75,000	$6.433M	3.5%	$85.77	—	—	92189F106
GDXJ	VANECK ETF TRUST	55,000	$6.258M	3.4%	—	—	CALL	92189F791
RNAM	AVIDITY BIOSCIENCES INC	84,700	$6.109M	3.3%	$64.59	+12.5%	—	05370A108
IWN	ISHARES TR	27,500	$4.983M	2.7%	$181.21	—	—	464287630
B	BARRICK MNG CORP	100,000	$4.355M	2.4%	$37.42	+29.1%	—	06849F108
XLK	SELECT SECTOR SPDR TR	30,000	$4.319M	2.3%	$143.97	—	—	81369Y803
WULF	TERAWULF INC	350,000	$4.021M	2.2%	$7.64	+90.9%	CALL	88080T104
PLYM	PLYMOUTH INDL REIT INC	123,000	$2.691M	1.5%	$22.33	—	—	729640102
PSKY	PARAMOUNT SKYDANCE CORP	63,000	$844K	0.5%	—	—	PUT	69932A204
USAR	USA RARE EARTH INC	20,600	$245K	0.1%	$19.05	+5.8%	PUT	91733P107
—	ASPIRE BIOPHARMA HLDGS INC	58,563	$7,724	0.0%	$0.21	—	—	738920107

Decreased Positions (14)

NSC NORFOLK SOUTHN CORP 3.1%

Value $5.654M (-69.7%) Shares 19,700 (-69.6%) Est. Cost $284.79 Unrealized +4.7%

TLN TALEN ENERGY CORP 2.5%

Value $4.533M (-61.7%) Shares 14,200 (-55.1%) Est. Cost $138.87 Unrealized +165.2%

TLN TALEN ENERGY CORP 2.5%

Value $4.526M (-57.6%) Shares 14,178 (-50.2%) Est. Cost $138.87 Unrealized +165.2%

CORZ CORE SCIENTIFIC INC NEW 1.0%

Value $1.87M (-74.5%) Shares 125,000 (-75.2%) Est. Cost $14.67 Unrealized +20.7%

IAG IAMGOLD CORP 3.5%

Value $6.431M (-30.8%) Shares 341,737 (-39.4%) Est. Cost $3.30 Unrealized +499.6%

CORZ CORE SCIENTIFIC INC NEW 4.7%

Value $8.738M (-24.0%) Shares 584,124 (-26.0%) Est. Cost $14.67 Unrealized +20.7%

CORZ CORE SCIENTIFIC INC NEW 5.3%

Value $9.724M (-20.5%) Shares 650,000 (-22.6%) Est. Cost $14.67 Unrealized +20.7%

DBRG DIGITALBRIDGE GROUP INC 0.1%

Value $154K (-94.1%) Shares 10,000 (-94.1%) Est. Cost $12.01 Unrealized +28.1%

LBRDK LIBERTY BROADBAND CORP 3.9%

Value $7.138M (-23.5%) Shares 141,900 (-26.1%) Est. Cost $68.55 Unrealized -27.4%

KHC KRAFT HEINZ CO 1.7%

Value $3.142M (-9.1%) Shares 139,700 (-2.0%) Est. Cost $26.49 Unrealized -9.7%

WULF TERAWULF INC 4.8%

Value $8.889M (+3.6%) Shares 616,000 (-17.5%) Est. Cost $7.64 Unrealized +90.9%

TECK TECK RESOURCES LTD 0.7%

Value $1.213M (-19.4%) Shares 23,438 (-25.4%) Est. Cost $38.17 Unrealized +44.0%

SEE SEALED AIR CORP NEW 1.7%

Value $3.04M (-6.3%) Shares 72,300 (-7.7%) Est. Cost $38.57 Unrealized +8.4%

WULF TERAWULF INC 6.1%

Value $11.18M (+1.1%) Shares 775,000 (-19.5%) Est. Cost $7.64 Unrealized +90.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NSC	NORFOLK SOUTHN CORP	19,700 (-69.6%)	$5.654M (-69.7%)	3.1%	$284.79	+4.7%	COM	655844108
TLN	TALEN ENERGY CORP	14,200 (-55.1%)	$4.533M (-61.7%)	2.5%	$138.87	+165.2%	PUT	87422Q109
TLN	TALEN ENERGY CORP	14,178 (-50.2%)	$4.526M (-57.6%)	2.5%	$138.87	+165.2%	COM	87422Q109
CORZ	CORE SCIENTIFIC INC NEW	125,000 (-75.2%)	$1.87M (-74.5%)	1.0%	$14.67	+20.7%	CALL	21874A106
IAG	IAMGOLD CORP	341,737 (-39.4%)	$6.431M (-30.8%)	3.5%	$3.30	+499.6%	COM	450913108
CORZ	CORE SCIENTIFIC INC NEW	584,124 (-26.0%)	$8.738M (-24.0%)	4.7%	$14.67	+20.7%	COM	21874A106
CORZ	CORE SCIENTIFIC INC NEW	650,000 (-22.6%)	$9.724M (-20.5%)	5.3%	$14.67	+20.7%	PUT	21874A106
DBRG	DIGITALBRIDGE GROUP INC	10,000 (-94.1%)	$154K (-94.1%)	0.1%	$12.01	+28.1%	CL A NEW	25401T603
LBRDK	LIBERTY BROADBAND CORP	141,900 (-26.1%)	$7.138M (-23.5%)	3.9%	$68.55	-27.4%	COM SER C	530307305
KHC	KRAFT HEINZ CO	139,700 (-2.0%)	$3.142M (-9.1%)	1.7%	$26.49	-9.7%	COM	500754106
WULF	TERAWULF INC	616,000 (-17.5%)	$8.889M (+3.6%)	4.8%	$7.64	+90.9%	COM	88080T104
TECK	TECK RESOURCES LTD	23,438 (-25.4%)	$1.213M (-19.4%)	0.7%	$38.17	+44.0%	CL B	878742204
SEE	SEALED AIR CORP NEW	72,300 (-7.7%)	$3.04M (-6.3%)	1.7%	$38.57	+8.4%	COM	81211K100
WULF	TERAWULF INC	775,000 (-19.5%)	$11.18M (+1.1%)	6.1%	$7.64	+90.9%	PUT	88080T104

Unchanged Positions (5)

TRIP TRIPADVISOR INC 0.7%

Value $1.333M Shares 125,000 Est. Cost $17.00 Unrealized -25.3%

USAR USA RARE EARTH INC 0.6%

Value $1.06M Shares 70,005 Est. Cost $19.05 Unrealized +5.8%

FOLD AMICUS THERAPEUTIC 2.9%

Value $5.249M Shares 363,000 Est. Cost $9.82 Unrealized +45.6%

BTMWW BITCOIN DEPOT INC 0.0%

Value $7,220 Shares 337,375 Est. Cost $0.19 Unrealized —

SDSTW STARDUST PWR INC 0.0%

Value $4,059 Shares 24,766 Est. Cost $0.45 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TRIP	TRIPADVISOR INC	125,000	$1.333M	0.7%	$17.00	-25.3%	COM	896945201
USAR	USA RARE EARTH INC	70,005	$1.06M	0.6%	$19.05	+5.8%	COM	91733P107
FOLD	AMICUS THERAPEUTIC	363,000	$5.249M	2.9%	$9.82	+45.6%	COM	03152W109
BTMWW	BITCOIN DEPOT INC	337,375	$7,220	0.0%	$0.19	—	*W EXP 06/30/202	09174P113
SDSTW	STARDUST PWR INC	24,766	$4,059	0.0%	$0.45	—	*W EXP 06/21/202	854936119