Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	OWL 21AUG26 11 P ⚠	9,089,000	$79.53M	19.4%	$8.75	—	—	PUT	09581B953
—	OWL 18SEP26 12 P ⚠	8,990,300	$78.67M	19.2%	$8.75	—	—	PUT	09581B953
—	OWL 21AUG26 12 P ⚠	5,000,000	$43.75M	10.7%	$8.75	—	—	PUT	09581B953
PS	PERSHING SQUARE INC	802,967	$26.39M	6.4%	$32.86	$36.11	-9.0%	Common Stock	71531U102
TPG	TPG Inc.	650,000	$26.36M	6.4%	$40.55	$42.05	-3.6%	Common Stock	872657101
—	KKR 17JUL26 100 P	200,000	$18.36M	4.5%	$91.78	—	—	PUT	48251W954
—	CG 21AUG26 40 P	312,500	$13.16M	3.2%	$42.11	—	—	PUT	14316J958
ARES	Ares Management Corporation	100,000	$11.13M	2.7%	$111.31	$119.97	-7.2%	Common Stock	03990B101
MSDL	MORGAN STANLEY DIRECT LENDIN	399,455	$6.04M	1.5%	$15.12	$15.15	-0.2%	Common Stock	61774A103
CG	The Carlyle Group Inc.	106,000	$4.464M	1.1%	$42.11	$46.97	-10.3%	Common Stock	14316J108
—	ARES 17JUL26 120 P	30,000	$3.339M	0.8%	$111.31	—	—	PUT	03990B951
—	OWL 18SEP26 11 P ⚠	280,000	$2.45M	0.6%	$8.75	—	—	PUT	09581B953
GLOO	GLOO HOLDINGS INC	500,935	$2.279M	0.6%	$4.55	$5.77	-21.2%	Common Stock	379598105
—	SPX P 07/17/2026 6340 ⚠	4,800	$1.177M	0.3%	$245.17	—	—	PUT	78473E953
—	SPX P 09/18/2026 6710 ⚠	4,800	$1.177M	0.3%	$245.17	—	—	PUT	78473E953
EROK	EAGLEROCK LAND LLC -CL A	50,000	$1.063M	0.3%	$21.25	$21.60	-1.6%	Common Stock	27005A105
—	SPX P 08/21/2026 6690 ⚠	3,900	$956K	0.2%	$245.17	—	—	PUT	78473E953
XE	X-ENERGY INC	30,000	$551K	0.1%	$18.36	$25.89	-29.1%	Common Stock	98386P102
HRZN	HORIZON TECHNOLOGY FINANCE C	108,630	$514K	0.1%	$4.73	$4.33	+9.4%	Common Stock	44045A102
RPC	RIDGEPOST CAPITAL INC-A	20,000	$157K	0.0%	$7.87	$7.96	-1.2%	Common Stock	69376K106

Increased Positions (4)

OTF BLUE OWL TECHNOLOGY FINANCE 11.4%

Value $46.71M (+22.2%) Shares 4,512,778 (+46.3%) Share Price $10.35 Est. Cost/Share $12.54 Unrealized @ Report Date -17.5%

SMR NUSCALE POWER CORP 0.5%

Value $2.136M (-4.6%) Shares 213,000 (+3.1%) Share Price $10.03 Est. Cost/Share $21.40 Unrealized @ Report Date -53.1%

OWL BLUE OWL CAPITAL INC 0.2%

Value $746K (+8.9%) Shares 85,200 (+13.6%) Share Price $8.75 Est. Cost/Share $11.78 Unrealized @ Report Date -25.8%

IEP ICAHN ENTERPRISES LP 0.0%

Value $104K (+8.7%) Shares 14,473 (+13.8%) Share Price $7.21 Est. Cost/Share $8.39 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
OTF	BLUE OWL TECHNOLOGY FINANCE	4,512,778 (+46.3%)	$46.71M (+22.2%)	11.4%	$10.35	$12.54	-17.5%	Common Stock	095924106
SMR	NUSCALE POWER CORP	213,000 (+3.1%)	$2.136M (-4.6%)	0.5%	$10.03	$21.40	-53.1%	Common Stock	67079K100
OWL	BLUE OWL CAPITAL INC	85,200 (+13.6%)	$746K (+8.9%)	0.2%	$8.75	$11.78	-25.8%	Common Stock	09581B103
IEP	ICAHN ENTERPRISES LP	14,473 (+13.8%)	$104K (+8.7%)	0.0%	$7.21	$8.39	—	Common Stock	451100101

Exited Positions (2)

— SPX P 04/17/2026 6250 0.6%

Value $2.479M Shares 12,400 Share Price $199.94 Est. Cost/Share — Unrealized @ Report Date —

MRCC MONROE CAPITAL CORP 0.2%

Value $690K Shares 150,000 Share Price $4.60 Est. Cost/Share $6.38 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	SPX P 04/17/2026 6250	12,400	$2.479M	0.6%	$199.94	—	—	PUT	78473E953
MRCC	MONROE CAPITAL CORP	150,000	$690K	0.2%	$4.60	$6.38	—	—	610335101

Decreased Positions (9)

WBI WATERBRIDGE INFRASTRUC-CL A 0.4%

Value $1.714M (-43.1%) Shares 50,000 (-55.6%) Share Price $34.27 Est. Cost/Share $23.36 Unrealized @ Report Date +46.7%

USCI UNITED STATES COMMODITY INDE 0.3%

Value $1.156M (-22.2%) Shares 12,480 (-20.0%) Share Price $92.64 Est. Cost/Share $32.05 Unrealized @ Report Date +189.1%

GBDC GOLUB CAPITAL BDC INC 0.1%

Value $258K (-32.2%) Shares 20,000 (-33.3%) Share Price $12.88 Est. Cost/Share $12.83 Unrealized @ Report Date +0.4%

YSS YORK SPACE SYSTEMS INC 0.0%

Value $36,930 (-72.2%) Shares 1,500 (-75.0%) Share Price $24.62 Est. Cost/Share $24.25 Unrealized @ Report Date +1.5%

GLRE GREENLIGHT CAPITAL RE LTD-A 0.0%

Value $40,450 (-53.2%) Shares 2,500 (-50.0%) Share Price $16.18 Est. Cost/Share $11.18 Unrealized @ Report Date +44.7%

COOK TRAEGER INC 0.0%

Value $47,298 (+103.9%) Shares 600 (-25.0%) Share Price $78.83 Est. Cost/Share $29.00 Unrealized @ Report Date —

ZM ZOOM COMMUNICATIONS INC 0.0%

Value $25,893 (-35.6%) Shares 300 (-40.0%) Share Price $86.31 Est. Cost/Share $101.82 Unrealized @ Report Date -15.2%

BLMN BLOOMIN' BRANDS INC 0.0%

Value $45,700 (-15.4%) Shares 5,000 (-50.0%) Share Price $9.14 Est. Cost/Share $6.40 Unrealized @ Report Date +42.9%

RDW REDWIRE CORP 0.0%

Value $12,230 (-4.1%) Shares 1,000 (-33.3%) Share Price $12.23 Est. Cost/Share $5.88 Unrealized @ Report Date +108.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
WBI	WATERBRIDGE INFRASTRUC-CL A	50,000 (-55.6%)	$1.714M (-43.1%)	0.4%	$34.27	$23.36	+46.7%	Common Stock	940923105
USCI	UNITED STATES COMMODITY INDE	12,480 (-20.0%)	$1.156M (-22.2%)	0.3%	$92.64	$32.05	+189.1%	Common Stock	911717106
GBDC	GOLUB CAPITAL BDC INC	20,000 (-33.3%)	$258K (-32.2%)	0.1%	$12.88	$12.83	+0.4%	Common Stock	38173M102
YSS	YORK SPACE SYSTEMS INC	1,500 (-75.0%)	$36,930 (-72.2%)	0.0%	$24.62	$24.25	+1.5%	Common Stock	987084100
GLRE	GREENLIGHT CAPITAL RE LTD-A	2,500 (-50.0%)	$40,450 (-53.2%)	0.0%	$16.18	$11.18	+44.7%	Common Stock	G4095J109
COOK	TRAEGER INC	600 (-25.0%)	$47,298 (+103.9%)	0.0%	$78.83	$29.00	—	Common Stock	89269P202
ZM	ZOOM COMMUNICATIONS INC	300 (-40.0%)	$25,893 (-35.6%)	0.0%	$86.31	$101.82	-15.2%	Common Stock	98980L101
BLMN	BLOOMIN' BRANDS INC	5,000 (-50.0%)	$45,700 (-15.4%)	0.0%	$9.14	$6.40	+42.9%	Common Stock	094235108
RDW	REDWIRE CORP	1,000 (-33.3%)	$12,230 (-4.1%)	0.0%	$12.23	$5.88	+108.0%	Common Stock	75776W103

Unchanged Positions (28)

FANG DIAMONDBACK ENERGY INC 1.3%

Value $5.482M Shares 31,185 Share Price $175.78 Est. Cost/Share $141.08 Unrealized @ Report Date +24.6%

XOP SPDR S&P OIL & GAS EXP & PR 0.6%

Value $2.314M Shares 15,000 Share Price $154.26 Est. Cost/Share $119.90 Unrealized @ Report Date +28.7%

OBDC BLUE OWL CAPITAL CORP 3.0%

Value $12.22M Shares 1,124,305 Share Price $10.87 Est. Cost/Share $13.43 Unrealized @ Report Date -19.1%

GRAB GRAB HOLDINGS LTD - CL A 1.7%

Value $6.881M Shares 1,825,116 Share Price $3.77 Est. Cost/Share $7.00 Unrealized @ Report Date -46.2%

OKLO OKLO INC 0.6%

Value $2.658M Shares 50,800 Share Price $52.33 Est. Cost/Share $71.84 Unrealized @ Report Date -27.2%

OPEN OPENDOOR TECHNOLOGIES INC 1.0%

Value $4.031M Shares 872,465 Share Price $4.62 Est. Cost/Share $6.96 Unrealized @ Report Date -33.6%

SNOW SNOWFLAKE INC 0.0%

Value $76,350 Shares 300 Share Price $254.50 Est. Cost/Share $217.74 Unrealized @ Report Date +16.9%

NXDR NEXTDOOR HOLDINGS INC 0.0%

Value $45,400 Shares 20,000 Share Price $2.27 Est. Cost/Share $2.34 Unrealized @ Report Date -3.0%

XYZ BLOCK INC 0.0%

Value $76,000 Shares 1,000 Share Price $76.00 Est. Cost/Share $66.38 Unrealized @ Report Date +14.5%

DSGN DESIGN THERAPEUTICS INC 0.0%

Value $50,645 Shares 3,500 Share Price $14.47 Est. Cost/Share $3.90 Unrealized @ Report Date +271.4%

TSLX SIXTH STREET SPECIALTY LENDI 0.0%

Value $172K Shares 10,000 Share Price $17.17 Est. Cost/Share $19.77 Unrealized @ Report Date -13.1%

HGTY HAGERTY INC-A 0.0%

Value $89,400 Shares 7,500 Share Price $11.92 Est. Cost/Share $10.91 Unrealized @ Report Date +9.2%

BRC BRADY CORPORATION - CL A 0.0%

Value $91,570 Shares 1,000 Share Price $91.57 Est. Cost/Share $77.14 Unrealized @ Report Date +18.7%

DBX DROPBOX INC-CLASS A 0.0%

Value $54,940 Shares 2,000 Share Price $27.47 Est. Cost/Share $22.78 Unrealized @ Report Date +20.6%

PLTR PALANTIR TECHNOLOGIES INC-A 0.0%

Value $35,001 Shares 300 Share Price $116.67 Est. Cost/Share $15.14 Unrealized @ Report Date +670.5%

CGBD CARLYLE SECURED LENDING INC 0.1%

Value $211K Shares 20,000 Share Price $10.53 Est. Cost/Share $11.80 Unrealized @ Report Date -10.8%

ARCC ARES CAPITAL CORP 0.0%

Value $185K Shares 10,000 Share Price $18.53 Est. Cost/Share $19.36 Unrealized @ Report Date -4.3%

— OWL C 01/21/2028 20 0.0%

Value $87,500 Shares 10,000 Share Price $8.75 Est. Cost/Share — Unrealized @ Report Date —

SPOT SPOTIFY TECHNOLOGY SA 0.0%

Value $45,913 Shares 100 Share Price $459.13 Est. Cost/Share $136.87 Unrealized @ Report Date +235.4%

GAME GAMESQUARE HLDGS INC 0.0%

Value $7,755 Shares 19,634 Share Price $0.39 Est. Cost/Share $1.27 Unrealized @ Report Date -68.9%

HIPO HIPPO HOLDINGS INC 0.0%

Value $19,782 Shares 700 Share Price $28.26 Est. Cost/Share $31.03 Unrealized @ Report Date -8.9%

DOCU DOCUSIGN INC 0.0%

Value $22,210 Shares 500 Share Price $44.42 Est. Cost/Share $59.77 Unrealized @ Report Date -25.7%

HYPR HYPERFINE INC 0.0%

Value $6,750 Shares 5,000 Share Price $1.35 Est. Cost/Share $0.91 Unrealized @ Report Date +49.0%

BCSF BAIN CAPITAL SPECIALTY FINAN 0.0%

Value $125K Shares 10,000 Share Price $12.52 Est. Cost/Share $13.10 Unrealized @ Report Date -4.4%

GROV GROVE COLLABORATIVE HOLDINGS 0.0%

Value $16,688 Shares 13,350 Share Price $1.25 Est. Cost/Share $2.54 Unrealized @ Report Date -50.7%

CYDY CYTODYN INC 0.0%

Value $955 Shares 4,000 Share Price $0.24 Est. Cost/Share $3.30 Unrealized @ Report Date -92.7%

ZEO ZEO ENERGY CORP 0.0%

Value $904 Shares 1,369 Share Price $0.66 Est. Cost/Share $2.02 Unrealized @ Report Date -67.3%

SPRY ARS PHARMACEUTICALS INC 0.0%

Value $16,020 Shares 2,000 Share Price $8.01 Est. Cost/Share $8.87 Unrealized @ Report Date -9.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FANG	DIAMONDBACK ENERGY INC	31,185	$5.482M	1.3%	$175.78	$141.08	+24.6%	Common Stock	25278X109
XOP	SPDR S&P OIL & GAS EXP & PR	15,000	$2.314M	0.6%	$154.26	$119.90	+28.7%	Common Stock	78468R556
OBDC	BLUE OWL CAPITAL CORP	1,124,305	$12.22M	3.0%	$10.87	$13.43	-19.1%	Common Stock	69121K104
GRAB	GRAB HOLDINGS LTD - CL A	1,825,116	$6.881M	1.7%	$3.77	$7.00	-46.2%	Common Stock	G4124C109
OKLO	OKLO INC	50,800	$2.658M	0.6%	$52.33	$71.84	-27.2%	Common Stock	02156V109
OPEN	OPENDOOR TECHNOLOGIES INC	872,465	$4.031M	1.0%	$4.62	$6.96	-33.6%	Common Stock	683712103
SNOW	SNOWFLAKE INC	300	$76,350	0.0%	$254.50	$217.74	+16.9%	Common Stock	833445109
NXDR	NEXTDOOR HOLDINGS INC	20,000	$45,400	0.0%	$2.27	$2.34	-3.0%	Common Stock	65345M108
XYZ	BLOCK INC	1,000	$76,000	0.0%	$76.00	$66.38	+14.5%	Common Stock	852234103
DSGN	DESIGN THERAPEUTICS INC	3,500	$50,645	0.0%	$14.47	$3.90	+271.4%	Common Stock	25056L103
TSLX	SIXTH STREET SPECIALTY LENDI	10,000	$172K	0.0%	$17.17	$19.77	-13.1%	Common Stock	83012A109
HGTY	HAGERTY INC-A	7,500	$89,400	0.0%	$11.92	$10.91	+9.2%	Common Stock	405166109
BRC	BRADY CORPORATION - CL A	1,000	$91,570	0.0%	$91.57	$77.14	+18.7%	Common Stock	104674106
DBX	DROPBOX INC-CLASS A	2,000	$54,940	0.0%	$27.47	$22.78	+20.6%	Common Stock	26210C104
PLTR	PALANTIR TECHNOLOGIES INC-A	300	$35,001	0.0%	$116.67	$15.14	+670.5%	Common Stock	69608A108
CGBD	CARLYLE SECURED LENDING INC	20,000	$211K	0.1%	$10.53	$11.80	-10.8%	Common Stock	872280102
ARCC	ARES CAPITAL CORP	10,000	$185K	0.0%	$18.53	$19.36	-4.3%	Common Stock	04010L103
—	OWL C 01/21/2028 20	10,000	$87,500	0.0%	$8.75	—	—	CALL	09581B903
SPOT	SPOTIFY TECHNOLOGY SA	100	$45,913	0.0%	$459.13	$136.87	+235.4%	Common Stock	L8681T102
GAME	GAMESQUARE HLDGS INC	19,634	$7,755	0.0%	$0.39	$1.27	-68.9%	Common Stock	36468G103
HIPO	HIPPO HOLDINGS INC	700	$19,782	0.0%	$28.26	$31.03	-8.9%	Common Stock	433539202
DOCU	DOCUSIGN INC	500	$22,210	0.0%	$44.42	$59.77	-25.7%	Common Stock	256163106
HYPR	HYPERFINE INC	5,000	$6,750	0.0%	$1.35	$0.91	+49.0%	Common Stock	44916K106
BCSF	BAIN CAPITAL SPECIALTY FINAN	10,000	$125K	0.0%	$12.52	$13.10	-4.4%	Common Stock	05684B107
GROV	GROVE COLLABORATIVE HOLDINGS	13,350	$16,688	0.0%	$1.25	$2.54	-50.7%	Common Stock	39957D201
CYDY	CYTODYN INC	4,000	$955	0.0%	$0.24	$3.30	-92.7%	Common Stock	23283M101
ZEO	ZEO ENERGY CORP	1,369	$904	0.0%	$0.66	$2.02	-67.3%	Common Stock	98944F109
SPRY	ARS PHARMACEUTICALS INC	2,000	$16,020	0.0%	$8.01	$8.87	-9.7%	Common Stock	82835W108