Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EEM	ISHARES TR	4,000,000	$274M	2.2%	—	—	CALL	464287234
AVGO	BROADCOM INC	600,000	$227M	1.8%	$376.65	—	PUT	11135F101
INTC	INTEL CORP	1,200,000	$168M	1.3%	—	—	PUT	458140100
SNOW	SNOWFLAKE INC	650,000	$165M	1.3%	—	—	PUT	833445109
IBM	INTERNATIONAL BUSINESS MACHS	575,000	$162M	1.3%	$283.93	—	CALL	459200101
GOOG	ALPHABET INC	400,000	$141M	1.1%	$353.33	—	PUT	02079K107
SNOW	SNOWFLAKE INC	250,000	$63.63M	0.5%	—	—	CALL	833445109
SMH	VANECK ETF TRUST	63,911	$41.92M	0.3%	$655.89	—	SEMICONDUCTR ETF	92189F676
GOOG	ALPHABET INC	100,000	$35.33M	0.3%	$353.33	—	CALL	02079K107
NOW	SERVICENOW INC	300,000	$29.78M	0.2%	—	—	PUT	81762P102
KWEB	KRANESHARES TRUST	1,184,601	$28.99M	0.2%	$24.47	—	CSI CHI INTERNET	500767306
EWJ	ISHARES INC	203,245	$18.96M	0.2%	$93.27	—	MSCI JAPAN ETF	46434G822
GOOG	ALPHABET INC	53,147	$18.78M	0.1%	$353.33	—	CAP STK CL C	02079K107
ORCL	ORACLE CORP	100,000	$14.65M	0.1%	$164.31	—	CALL	68389X105
PFE	PFIZER INC	465,783	$11.22M	0.1%	$24.08	—	COM	717081103
NOW	SERVICENOW INC	100,000	$9.928M	0.1%	—	—	CALL	81762P102
VZ	VERIZON COMMUNICATIONS INC	99,866	$4.228M	0.0%	$42.34	—	COM	92343V104
COP	CONOCOPHILLIPS	35,703	$3.712M	0.0%	$103.96	—	COM	20825C104
FXI	ISHARES TR	21,900	$692K	0.0%	—	—	PUT	464287184
FXI	ISHARES TR	14,600	$461K	0.0%	—	—	CALL	464287184
ADI	ANALOG DEVICES INC	270	$107K	0.0%	$397.17	—	COM	032654105

Increased Positions (29)

AMD ADVANCED MICRO DEVICES INC 20.5%

Value $2.569B (+320.8%) Shares 4,423,100 (+47.4%) Est. Cost $221.70 Unrealized —

DELL DELL TECHNOLOGIES INC 2.6%

Value $332M (+478.3%) Shares 770,000 (+120.0%) Est. Cost — Unrealized —

EEM ISHARES TR 2.7%

Value $342M (+201.2%) Shares 5,000,000 (+150.0%) Est. Cost — Unrealized —

NVDA NVIDIA CORPORATION 1.9%

Value $240M (+817.8%) Shares 1,200,000 (+700.0%) Est. Cost $186.15 Unrealized —

OKTA OKTA INC 2.3%

Value $287M (+114.1%) Shares 2,102,900 (+23.5%) Est. Cost — Unrealized —

UNH UNITEDHEALTH GROUP INC 1.2%

Value $145M (+313.1%) Shares 349,600 (+168.9%) Est. Cost $308.69 Unrealized —

HYG ISHARES TR 4.8%

Value $600M (+20.6%) Shares 7,500,000 (+20.0%) Est. Cost — Unrealized —

MSFT MICROSOFT CORP 0.9%

Value $115M (+315.3%) Shares 309,100 (+312.1%) Est. Cost $406.01 Unrealized —

XLB SELECT SECTOR SPDR TR 1.4%

Value $178M (+78.0%) Shares 3,500,000 (+75.0%) Est. Cost — Unrealized —

ADBE ADOBE INC 1.1%

Value $135M (+114.4%) Shares 660,900 (+154.2%) Est. Cost $289.87 Unrealized —

QCOM QUALCOMM INC 0.7%

Value $83.16M (+545.7%) Shares 450,000 (+350.0%) Est. Cost $153.90 Unrealized —

NVDA NVIDIA CORPORATION 0.5%

Value $59.14M (+392.4%) Shares 295,573 (+329.2%) Est. Cost $186.15 Unrealized —

AVGO BROADCOM INC 0.3%

Value $39.64M (+15909.8%) Shares 104,941 (+13017.6%) Est. Cost $376.65 Unrealized —

MSFT MICROSOFT CORP 0.4%

Value $48.37M (+199.2%) Shares 129,673 (+196.9%) Est. Cost $406.01 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 1.4%

Value $172M (+18.5%) Shares 612,500 (+2.1%) Est. Cost $283.93 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.3%

Value $41.48M (+135.8%) Shares 99,800 (+53.5%) Est. Cost $308.69 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.3%

Value $35M (+131.0%) Shares 300,000 (+189.6%) Est. Cost $116.77 Unrealized —

CRM SALESFORCE INC 0.3%

Value $43.08M (+84.6%) Shares 275,000 (+120.0%) Est. Cost $215.77 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.1%

Value $12.67M (+28774.8%) Shares 108,609 (+36103.0%) Est. Cost $116.77 Unrealized —

GILD GILEAD SCIENCES INC 0.2%

Value $25.27M (+81.3%) Shares 200,000 (+100.0%) Est. Cost $138.38 Unrealized —

GLD SPDR GOLD TR 0.2%

Value $25.88M (+49.4%) Shares 70,240 (+74.6%) Est. Cost $384.38 Unrealized —

NKE NIKE INC 0.1%

Value $12.73M (+171.3%) Shares 310,138 (+249.1%) Est. Cost $48.26 Unrealized —

ADSK AUTODESK INC 0.1%

Value $11.1M (+256.1%) Shares 57,099 (+338.5%) Est. Cost $219.13 Unrealized —

BKNG BOOKING HOLDINGS INC 0.2%

Value $21.99M (+53.6%) Shares 123,400 (+3529.4%) Est. Cost $4781.74 Unrealized —

AAPL APPLE INC 0.0%

Value $5.653M (+540.6%) Shares 19,536 (+461.9%) Est. Cost $285.62 Unrealized —

META META PLATFORMS INC 0.3%

Value $35.47M (+11.5%) Shares 62,964 (+13.3%) Est. Cost $652.99 Unrealized —

BKNG BOOKING HOLDINGS INC 0.1%

Value $9.857M (+37.7%) Shares 55,300 (+3152.9%) Est. Cost $4781.74 Unrealized —

ORCL ORACLE CORP 0.1%

Value $9.499M (+29.4%) Shares 64,819 (+29.9%) Est. Cost $164.31 Unrealized —

WYNN WYNN RESORTS LTD 0.0%

Value $237K (+3390.3%) Shares 2,446 (+3550.7%) Est. Cost $97.56 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMD	ADVANCED MICRO DEVICES INC	4,423,100 (+47.4%)	$2.569B (+320.8%)	20.5%	$221.70	—	PUT	007903107
DELL	DELL TECHNOLOGIES INC	770,000 (+120.0%)	$332M (+478.3%)	2.6%	—	—	PUT	24703L202
EEM	ISHARES TR	5,000,000 (+150.0%)	$342M (+201.2%)	2.7%	—	—	PUT	464287234
NVDA	NVIDIA CORPORATION	1,200,000 (+700.0%)	$240M (+817.8%)	1.9%	$186.15	—	CALL	67066G104
OKTA	OKTA INC	2,102,900 (+23.5%)	$287M (+114.1%)	2.3%	—	—	PUT	679295105
UNH	UNITEDHEALTH GROUP INC	349,600 (+168.9%)	$145M (+313.1%)	1.2%	$308.69	—	PUT	91324P102
HYG	ISHARES TR	7,500,000 (+20.0%)	$600M (+20.6%)	4.8%	—	—	PUT	464288513
MSFT	MICROSOFT CORP	309,100 (+312.1%)	$115M (+315.3%)	0.9%	$406.01	—	CALL	594918104
XLB	SELECT SECTOR SPDR TR	3,500,000 (+75.0%)	$178M (+78.0%)	1.4%	—	—	CALL	81369Y100
ADBE	ADOBE INC	660,900 (+154.2%)	$135M (+114.4%)	1.1%	$289.87	—	CALL	00724F101
QCOM	QUALCOMM INC	450,000 (+350.0%)	$83.16M (+545.7%)	0.7%	$153.90	—	PUT	747525103
NVDA	NVIDIA CORPORATION	295,573 (+329.2%)	$59.14M (+392.4%)	0.5%	$186.15	—	COM	67066G104
AVGO	BROADCOM INC	104,941 (+13017.6%)	$39.64M (+15909.8%)	0.3%	$376.65	—	COM	11135F101
MSFT	MICROSOFT CORP	129,673 (+196.9%)	$48.37M (+199.2%)	0.4%	$406.01	—	COM	594918104
IBM	INTERNATIONAL BUSINESS MACHS	612,500 (+2.1%)	$172M (+18.5%)	1.4%	$283.93	—	PUT	459200101
UNH	UNITEDHEALTH GROUP INC	99,800 (+53.5%)	$41.48M (+135.8%)	0.3%	$308.69	—	CALL	91324P102
PLTR	PALANTIR TECHNOLOGIES INC	300,000 (+189.6%)	$35M (+131.0%)	0.3%	$116.77	—	CALL	69608A108
CRM	SALESFORCE INC	275,000 (+120.0%)	$43.08M (+84.6%)	0.3%	$215.77	—	CALL	79466L302
PLTR	PALANTIR TECHNOLOGIES INC	108,609 (+36103.0%)	$12.67M (+28774.8%)	0.1%	$116.77	—	CL A	69608A108
GILD	GILEAD SCIENCES INC	200,000 (+100.0%)	$25.27M (+81.3%)	0.2%	$138.38	—	CALL	375558103
GLD	SPDR GOLD TR	70,240 (+74.6%)	$25.88M (+49.4%)	0.2%	$384.38	—	GOLD SHS	78463V107
NKE	NIKE INC	310,138 (+249.1%)	$12.73M (+171.3%)	0.1%	$48.26	—	CL B	654106103
ADSK	AUTODESK INC	57,099 (+338.5%)	$11.1M (+256.1%)	0.1%	$219.13	—	COM	052769106
BKNG	BOOKING HOLDINGS INC	123,400 (+3529.4%)	$21.99M (+53.6%)	0.2%	$4781.74	—	PUT	09857L108
AAPL	APPLE INC	19,536 (+461.9%)	$5.653M (+540.6%)	0.0%	$285.62	—	COM	037833100
META	META PLATFORMS INC	62,964 (+13.3%)	$35.47M (+11.5%)	0.3%	$652.99	—	CL A	30303M102
BKNG	BOOKING HOLDINGS INC	55,300 (+3152.9%)	$9.857M (+37.7%)	0.1%	$4781.74	—	CALL	09857L108
ORCL	ORACLE CORP	64,819 (+29.9%)	$9.499M (+29.4%)	0.1%	$164.31	—	COM	68389X105
WYNN	WYNN RESORTS LTD	2,446 (+3550.7%)	$237K (+3390.3%)	0.0%	$97.56	—	COM	983134107

Exited Positions (21)

LRCX LAM RESEARCH CORP 0.6%

Value $80.12M Shares 375,000 Est. Cost — Unrealized —

XOM EXXON MOBIL CORP 0.5%

Value $67.86M Shares 400,000 Est. Cost $138.74 Unrealized —

ZM ZOOM COMMUNICATIONS INC 0.3%

Value $40.2M Shares 500,000 Est. Cost — Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.2%

Value $27.76M Shares 114,525 Est. Cost $283.93 Unrealized —

MRVL MARVELL TECHNOLOGY INC 0.2%

Value $24.76M Shares 250,000 Est. Cost — Unrealized —

ZM ZOOM COMMUNICATIONS INC 0.2%

Value $20.1M Shares 250,000 Est. Cost — Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.2%

Value $19.01M Shares 93,463 Est. Cost $221.70 Unrealized —

LLY ELI LILLY & CO 0.1%

Value $14.6M Shares 15,873 Est. Cost $1047.09 Unrealized —

QCOM QUALCOMM INC 0.1%

Value $12.88M Shares 100,000 Est. Cost $153.90 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.0%

Value $4.457M Shares 16,470 Est. Cost $308.69 Unrealized —

BAC BANK AMERICA CORP 0.0%

Value $3.937M Shares 80,759 Est. Cost $53.66 Unrealized —

JPM JPMORGAN CHASE & CO 0.0%

Value $3.627M Shares 12,329 Est. Cost $311.42 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value $2.967M Shares 6,192 Est. Cost $493.47 Unrealized —

ADBE ADOBE INC 0.0%

Value $2.734M Shares 11,247 Est. Cost $289.87 Unrealized —

HPQ HP INC 0.0%

Value $2.607M Shares 135,699 Est. Cost $19.77 Unrealized —

QCOM QUALCOMM INC 0.0%

Value $1.75M Shares 13,588 Est. Cost $153.90 Unrealized —

SBUX STARBUCKS CORP 0.0%

Value $1.65M Shares 18,416 Est. Cost $93.62 Unrealized —

C CITIGROUP INC 0.0%

Value $658K Shares 5,801 Est. Cost $116.18 Unrealized —

BKNG BOOKING HOLDINGS INC 0.0%

Value $324K Shares 77 Est. Cost $4781.74 Unrealized —

ABNB AIRBNB INC 0.0%

Value $115K Shares 912 Est. Cost $129.40 Unrealized —

CSCO CISCO SYS INC 0.0%

Value $76,116 Shares 981 Est. Cost $77.91 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LRCX	LAM RESEARCH CORP	375,000	$80.12M	0.6%	—	—	PUT	512807306
XOM	EXXON MOBIL CORP	400,000	$67.86M	0.5%	$138.74	—	PUT	30231G102
ZM	ZOOM COMMUNICATIONS INC	500,000	$40.2M	0.3%	—	—	PUT	98980L101
IBM	INTERNATIONAL BUSINESS MACHS	114,525	$27.76M	0.2%	$283.93	—	—	459200101
MRVL	MARVELL TECHNOLOGY INC	250,000	$24.76M	0.2%	—	—	CALL	573874104
ZM	ZOOM COMMUNICATIONS INC	250,000	$20.1M	0.2%	—	—	CALL	98980L101
AMD	ADVANCED MICRO DEVICES INC	93,463	$19.01M	0.2%	$221.70	—	—	007903107
LLY	ELI LILLY & CO	15,873	$14.6M	0.1%	$1047.09	—	—	532457108
QCOM	QUALCOMM INC	100,000	$12.88M	0.1%	$153.90	—	CALL	747525103
UNH	UNITEDHEALTH GROUP INC	16,470	$4.457M	0.0%	$308.69	—	—	91324P102
BAC	BANK AMERICA CORP	80,759	$3.937M	0.0%	$53.66	—	—	060505104
JPM	JPMORGAN CHASE & CO	12,329	$3.627M	0.0%	$311.42	—	—	46625H100
BRK/B	BERKSHIRE HATHAWAY INC DEL	6,192	$2.967M	0.0%	$493.47	—	—	084670702
ADBE	ADOBE INC	11,247	$2.734M	0.0%	$289.87	—	—	00724F101
HPQ	HP INC	135,699	$2.607M	0.0%	$19.77	—	—	40434L105
QCOM	QUALCOMM INC	13,588	$1.75M	0.0%	$153.90	—	—	747525103
SBUX	STARBUCKS CORP	18,416	$1.65M	0.0%	$93.62	—	—	855244109
C	CITIGROUP INC	5,801	$658K	0.0%	$116.18	—	—	172967424
BKNG	BOOKING HOLDINGS INC	77	$324K	0.0%	$4781.74	—	—	09857L108
ABNB	AIRBNB INC	912	$115K	0.0%	$129.40	—	—	009066101
CSCO	CISCO SYS INC	981	$76,116	0.0%	$77.91	—	—	17275R102

Decreased Positions (24)

MU MICRON TECHNOLOGY INC 9.6%

Value $1.205B (+162.2%) Shares 1,044,000 (-23.3%) Est. Cost — Unrealized —

TSLA TESLA INC 4.2%

Value $526M (-29.3%) Shares 1,250,000 (-37.5%) Est. Cost $343.35 Unrealized —

NVDA NVIDIA CORPORATION 5.3%

Value $660M (-16.8%) Shares 3,300,000 (-27.5%) Est. Cost $186.15 Unrealized —

ORCL ORACLE CORP 0.5%

Value $65.95M (-60.1%) Shares 450,000 (-60.0%) Est. Cost $164.31 Unrealized —

AAPL APPLE INC 0.5%

Value $57.87M (-57.1%) Shares 200,000 (-62.4%) Est. Cost $285.62 Unrealized —

MRVL MARVELL TECHNOLOGY INC 0.9%

Value $119M (+60.4%) Shares 400,000 (-46.7%) Est. Cost — Unrealized —

ADBE ADOBE INC 0.7%

Value $86.31M (-31.7%) Shares 421,000 (-19.0%) Est. Cost $289.87 Unrealized —

AAPL APPLE INC 0.2%

Value $28.94M (-57.1%) Shares 100,000 (-62.4%) Est. Cost $285.62 Unrealized —

AMZN AMAZON COM INC 0.3%

Value $38.13M (-49.1%) Shares 160,000 (-55.6%) Est. Cost $220.60 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.6%

Value $70M (-32.3%) Shares 600,000 (-15.2%) Est. Cost $116.77 Unrealized —

ADI ANALOG DEVICES INC 0.0%

Value $2.145M (-93.3%) Shares 5,400 (-94.6%) Est. Cost $397.17 Unrealized —

AMZN AMAZON COM INC 0.1%

Value $17.16M (-57.9%) Shares 71,982 (-63.2%) Est. Cost $220.60 Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.3%

Value $39.56M (-33.1%) Shares 68,100 (-76.6%) Est. Cost $221.70 Unrealized —

ADI ANALOG DEVICES INC 0.0%

Value $1.072M (-93.3%) Shares 2,700 (-94.6%) Est. Cost $397.17 Unrealized —

DELL DELL TECHNOLOGIES INC 0.3%

Value $38.83M (+57.7%) Shares 90,000 (-40.0%) Est. Cost — Unrealized —

TXN TEXAS INSTRS INC 0.4%

Value $44.71M (-23.2%) Shares 150,000 (-50.0%) Est. Cost $206.27 Unrealized —

TXN TEXAS INSTRS INC 0.1%

Value $15.62M (-45.7%) Shares 52,414 (-64.6%) Est. Cost $206.27 Unrealized —

TSLA TESLA INC 0.0%

Value $1.202M (-91.2%) Shares 2,859 (-92.2%) Est. Cost $343.35 Unrealized —

ZS ZSCALER INC 0.1%

Value $14.12M (-28.1%) Shares 100,000 (-28.6%) Est. Cost — Unrealized —

GILD GILEAD SCIENCES INC 0.0%

Value $4.847M (-44.9%) Shares 38,365 (-39.3%) Est. Cost $138.38 Unrealized —

RCL ROYAL CARIBBEAN GROUP 0.0%

Value $601K (-84.8%) Shares 1,894 (-86.8%) Est. Cost $308.86 Unrealized —

CRM SALESFORCE INC 0.0%

Value $784K (-80.9%) Shares 5,005 (-77.2%) Est. Cost $215.77 Unrealized —

WFC WELLS FARGO & CO 0.0%

Value $4.628M (+2.6%) Shares 56,002 (-1.2%) Est. Cost $90.04 Unrealized —

OKTA OKTA INC 0.1%

Value $18.33M (-0.6%) Shares 134,300 (-42.7%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MU	MICRON TECHNOLOGY INC	1,044,000 (-23.3%)	$1.205B (+162.2%)	9.6%	—	—	PUT	595112103
TSLA	TESLA INC	1,250,000 (-37.5%)	$526M (-29.3%)	4.2%	$343.35	—	PUT	88160R101
NVDA	NVIDIA CORPORATION	3,300,000 (-27.5%)	$660M (-16.8%)	5.3%	$186.15	—	PUT	67066G104
ORCL	ORACLE CORP	450,000 (-60.0%)	$65.95M (-60.1%)	0.5%	$164.31	—	PUT	68389X105
AAPL	APPLE INC	200,000 (-62.4%)	$57.87M (-57.1%)	0.5%	$285.62	—	PUT	037833100
MRVL	MARVELL TECHNOLOGY INC	400,000 (-46.7%)	$119M (+60.4%)	0.9%	—	—	PUT	573874104
ADBE	ADOBE INC	421,000 (-19.0%)	$86.31M (-31.7%)	0.7%	$289.87	—	PUT	00724F101
AAPL	APPLE INC	100,000 (-62.4%)	$28.94M (-57.1%)	0.2%	$285.62	—	CALL	037833100
AMZN	AMAZON COM INC	160,000 (-55.6%)	$38.13M (-49.1%)	0.3%	$220.60	—	PUT	023135106
PLTR	PALANTIR TECHNOLOGIES INC	600,000 (-15.2%)	$70M (-32.3%)	0.6%	$116.77	—	PUT	69608A108
ADI	ANALOG DEVICES INC	5,400 (-94.6%)	$2.145M (-93.3%)	0.0%	$397.17	—	PUT	032654105
AMZN	AMAZON COM INC	71,982 (-63.2%)	$17.16M (-57.9%)	0.1%	$220.60	—	COM	023135106
AMD	ADVANCED MICRO DEVICES INC	68,100 (-76.6%)	$39.56M (-33.1%)	0.3%	$221.70	—	CALL	007903107
ADI	ANALOG DEVICES INC	2,700 (-94.6%)	$1.072M (-93.3%)	0.0%	$397.17	—	CALL	032654105
DELL	DELL TECHNOLOGIES INC	90,000 (-40.0%)	$38.83M (+57.7%)	0.3%	—	—	CALL	24703L202
TXN	TEXAS INSTRS INC	150,000 (-50.0%)	$44.71M (-23.2%)	0.4%	$206.27	—	PUT	882508104
TXN	TEXAS INSTRS INC	52,414 (-64.6%)	$15.62M (-45.7%)	0.1%	$206.27	—	COM	882508104
TSLA	TESLA INC	2,859 (-92.2%)	$1.202M (-91.2%)	0.0%	$343.35	—	COM	88160R101
ZS	ZSCALER INC	100,000 (-28.6%)	$14.12M (-28.1%)	0.1%	—	—	PUT	98980G102
GILD	GILEAD SCIENCES INC	38,365 (-39.3%)	$4.847M (-44.9%)	0.0%	$138.38	—	COM	375558103
RCL	ROYAL CARIBBEAN GROUP	1,894 (-86.8%)	$601K (-84.8%)	0.0%	$308.86	—	COM	V7780T103
CRM	SALESFORCE INC	5,005 (-77.2%)	$784K (-80.9%)	0.0%	$215.77	—	COM	79466L302
WFC	WELLS FARGO & CO	56,002 (-1.2%)	$4.628M (+2.6%)	0.0%	$90.04	—	COM	949746101
OKTA	OKTA INC	134,300 (-42.7%)	$18.33M (-0.6%)	0.1%	—	—	CALL	679295105

Unchanged Positions (59)

XLK SELECT SECTOR SPDR TR 6.1%

Value $762M Shares 4,000,000 Est. Cost — Unrealized —

CSCO CISCO SYS INC 0.5%

Value $58.73M Shares 500,000 Est. Cost $77.91 Unrealized —

LLY ELI LILLY & CO 0.5%

Value $59.97M Shares 50,000 Est. Cost $1047.09 Unrealized —

EBAY EBAY INC. 0.4%

Value $55.88M Shares 500,000 Est. Cost — Unrealized —

ETSY ETSY INC 0.2%

Value $30.36M Shares 403,000 Est. Cost — Unrealized —

CSCO CISCO SYS INC 0.2%

Value $29.36M Shares 250,000 Est. Cost $77.91 Unrealized —

TSLA TESLA INC 0.6%

Value $73.61M Shares 175,000 Est. Cost $343.35 Unrealized —

KWEB KRANESHARES TRUST 0.4%

Value $48.94M Shares 2,000,000 Est. Cost $24.47 Unrealized —

CRM SALESFORCE INC 0.3%

Value $39.16M Shares 250,000 Est. Cost $215.77 Unrealized —

COP CONOCOPHILLIPS 0.2%

Value $25.99M Shares 250,000 Est. Cost $103.96 Unrealized —

AMZN AMAZON COM INC 0.4%

Value $54.82M Shares 230,000 Est. Cost $220.60 Unrealized —

LLY ELI LILLY & CO 0.2%

Value $23.99M Shares 20,000 Est. Cost $1047.09 Unrealized —

EBAY EBAY INC. 0.2%

Value $27.94M Shares 250,000 Est. Cost — Unrealized —

AVGO BROADCOM INC 0.2%

Value $28.33M Shares 75,000 Est. Cost $376.65 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.2%

Value $25.4M Shares 600,000 Est. Cost $42.34 Unrealized —

NKE NIKE INC 0.1%

Value $16.42M Shares 400,000 Est. Cost $48.26 Unrealized —

SBUX STARBUCKS CORP 0.3%

Value $36.89M Shares 361,000 Est. Cost $93.62 Unrealized —

BAC BANK OF AMER CORP 0.2%

Value $28.49M Shares 500,000 Est. Cost $53.66 Unrealized —

ETSY ETSY INC 0.1%

Value $12.13M Shares 161,000 Est. Cost — Unrealized —

PFE PFIZER INC 0.2%

Value $24.08M Shares 1,000,000 Est. Cost $24.08 Unrealized —

C CITIGROUP INC 0.2%

Value $20.99M Shares 150,000 Est. Cost $116.18 Unrealized —

KWEB KRANESHARES TRUST 0.2%

Value $24.47M Shares 1,000,000 Est. Cost $24.47 Unrealized —

ADSK AUTODESK INC 0.1%

Value $14.58M Shares 75,000 Est. Cost $219.13 Unrealized —

ADSK AUTODESK INC 0.1%

Value $14.58M Shares 75,000 Est. Cost $219.13 Unrealized —

ABNB AIRBNB INC 0.2%

Value $28.62M Shares 200,000 Est. Cost $129.40 Unrealized —

META META PLATFORMS INC 1.7%

Value $208M Shares 370,000 Est. Cost $652.99 Unrealized —

COP CONOCOPHILLIPS 0.1%

Value $10.4M Shares 100,000 Est. Cost $103.96 Unrealized —

HPQ HP INC 0.2%

Value $21.94M Shares 1,000,000 Est. Cost $19.77 Unrealized —

GILD GILEAD SCIENCES INC 0.2%

Value $25.27M Shares 200,000 Est. Cost $138.38 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.1%

Value $12.7M Shares 300,000 Est. Cost $42.34 Unrealized —

NKE NIKE INC 0.1%

Value $8.21M Shares 200,000 Est. Cost $48.26 Unrealized —

SBUX STARBUCKS CORP 0.1%

Value $18.45M Shares 180,500 Est. Cost $93.62 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.4%

Value $53.54M Shares 107,000 Est. Cost $493.47 Unrealized —

RCL ROYAL CARIBBEAN GROUP 0.1%

Value $16.13M Shares 50,800 Est. Cost $308.86 Unrealized —

BAC BANK OF AMER CORP 0.1%

Value $14.24M Shares 250,000 Est. Cost $53.66 Unrealized —

PYPL PAYPAL HLDGS INC 0.3%

Value $43.18M Shares 1,000,000 Est. Cost — Unrealized —

PFE PFIZER INC 0.1%

Value $12.04M Shares 500,000 Est. Cost $24.08 Unrealized —

C CITIGROUP INC 0.1%

Value $10.5M Shares 75,000 Est. Cost $116.18 Unrealized —

JPM JPMORGAN CHASE & CO 0.2%

Value $19.64M Shares 60,000 Est. Cost $311.42 Unrealized —

XYZ BLOCK INC 0.1%

Value $9.5M Shares 125,000 Est. Cost — Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value $8.08M Shares 59,100 Est. Cost $138.74 Unrealized —

ABNB AIRBNB INC 0.1%

Value $14.31M Shares 100,000 Est. Cost $129.40 Unrealized —

META META PLATFORMS INC 0.8%

Value $94.35M Shares 167,500 Est. Cost $652.99 Unrealized —

HPQ HP INC 0.1%

Value $10.97M Shares 500,000 Est. Cost $19.77 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value $26.77M Shares 53,500 Est. Cost $493.47 Unrealized —

RCL ROYAL CARIBBEAN GROUP 0.1%

Value $8.065M Shares 25,400 Est. Cost $308.86 Unrealized —

PYPL PAYPAL HLDGS INC 0.2%

Value $21.59M Shares 500,000 Est. Cost — Unrealized —

JPM JPMORGAN CHASE & CO 0.1%

Value $9.82M Shares 30,000 Est. Cost $311.42 Unrealized —

WFC WELLS FARGO & CO 0.1%

Value $16.53M Shares 200,000 Est. Cost $90.04 Unrealized —

WFC WELLS FARGO & CO 0.1%

Value $16.53M Shares 200,000 Est. Cost $90.04 Unrealized —

AIG AMERICAN INTL GROUP INC 0.4%

Value $44.72M Shares 600,000 Est. Cost — Unrealized —

BAM BROOKFIELD ASSET MANAGMT LTD 0.4%

Value $44.85M Shares 1,000,000 Est. Cost — Unrealized —

PSX PHILLIPS 66 0.0%

Value $3.381M Shares 20,000 Est. Cost — Unrealized —

WYNN WYNN RESORTS LTD 0.0%

Value $3.961M Shares 40,800 Est. Cost $97.56 Unrealized —

AIG AMERICAN INTL GROUP INC 0.1%

Value $14.91M Shares 200,000 Est. Cost — Unrealized —

PSX PHILLIPS 66 0.0%

Value $1.69M Shares 10,000 Est. Cost — Unrealized —

UBER UBER TECHNOLOGIES INC 0.3%

Value $36.08M Shares 500,000 Est. Cost — Unrealized —

WYNN WYNN RESORTS LTD 0.0%

Value $1.981M Shares 20,400 Est. Cost $97.56 Unrealized —

UBER UBER TECHNOLOGIES INC 0.1%

Value $18.04M Shares 250,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XLK	SELECT SECTOR SPDR TR	4,000,000	$762M	6.1%	—	—	PUT	81369Y803
CSCO	CISCO SYS INC	500,000	$58.73M	0.5%	$77.91	—	PUT	17275R102
LLY	ELI LILLY & CO	50,000	$59.97M	0.5%	$1047.09	—	PUT	532457108
EBAY	EBAY INC.	500,000	$55.88M	0.4%	—	—	PUT	278642103
ETSY	ETSY INC	403,000	$30.36M	0.2%	—	—	PUT	29786A106
CSCO	CISCO SYS INC	250,000	$29.36M	0.2%	$77.91	—	CALL	17275R102
TSLA	TESLA INC	175,000	$73.61M	0.6%	$343.35	—	CALL	88160R101
KWEB	KRANESHARES TRUST	2,000,000	$48.94M	0.4%	$24.47	—	PUT	500767306
CRM	SALESFORCE INC	250,000	$39.16M	0.3%	$215.77	—	PUT	79466L302
COP	CONOCOPHILLIPS	250,000	$25.99M	0.2%	$103.96	—	PUT	20825C104
AMZN	AMAZON COM INC	230,000	$54.82M	0.4%	$220.60	—	CALL	023135106
LLY	ELI LILLY & CO	20,000	$23.99M	0.2%	$1047.09	—	CALL	532457108
EBAY	EBAY INC.	250,000	$27.94M	0.2%	—	—	CALL	278642103
AVGO	BROADCOM INC	75,000	$28.33M	0.2%	$376.65	—	CALL	11135F101
VZ	VERIZON COMMUNICATIONS INC	600,000	$25.4M	0.2%	$42.34	—	PUT	92343V104
NKE	NIKE INC	400,000	$16.42M	0.1%	$48.26	—	PUT	654106103
SBUX	STARBUCKS CORP	361,000	$36.89M	0.3%	$93.62	—	PUT	855244109
BAC	BANK OF AMER CORP	500,000	$28.49M	0.2%	$53.66	—	PUT	060505104
ETSY	ETSY INC	161,000	$12.13M	0.1%	—	—	CALL	29786A106
PFE	PFIZER INC	1,000,000	$24.08M	0.2%	$24.08	—	PUT	717081103
C	CITIGROUP INC	150,000	$20.99M	0.2%	$116.18	—	PUT	172967424
KWEB	KRANESHARES TRUST	1,000,000	$24.47M	0.2%	$24.47	—	CALL	500767306
ADSK	AUTODESK INC	75,000	$14.58M	0.1%	$219.13	—	PUT	052769106
ADSK	AUTODESK INC	75,000	$14.58M	0.1%	$219.13	—	CALL	052769106
ABNB	AIRBNB INC	200,000	$28.62M	0.2%	$129.40	—	PUT	009066101
META	META PLATFORMS INC	370,000	$208M	1.7%	$652.99	—	PUT	30303M102
COP	CONOCOPHILLIPS	100,000	$10.4M	0.1%	$103.96	—	CALL	20825C104
HPQ	HP INC	1,000,000	$21.94M	0.2%	$19.77	—	PUT	40434L105
GILD	GILEAD SCIENCES INC	200,000	$25.27M	0.2%	$138.38	—	PUT	375558103
VZ	VERIZON COMMUNICATIONS INC	300,000	$12.7M	0.1%	$42.34	—	CALL	92343V104
NKE	NIKE INC	200,000	$8.21M	0.1%	$48.26	—	CALL	654106103
SBUX	STARBUCKS CORP	180,500	$18.45M	0.1%	$93.62	—	CALL	855244109
BRK/B	BERKSHIRE HATHAWAY INC DEL	107,000	$53.54M	0.4%	$493.47	—	PUT	084670702
RCL	ROYAL CARIBBEAN GROUP	50,800	$16.13M	0.1%	$308.86	—	PUT	V7780T103
BAC	BANK OF AMER CORP	250,000	$14.24M	0.1%	$53.66	—	CALL	060505104
PYPL	PAYPAL HLDGS INC	1,000,000	$43.18M	0.3%	—	—	PUT	70450Y103
PFE	PFIZER INC	500,000	$12.04M	0.1%	$24.08	—	CALL	717081103
C	CITIGROUP INC	75,000	$10.5M	0.1%	$116.18	—	CALL	172967424
JPM	JPMORGAN CHASE & CO	60,000	$19.64M	0.2%	$311.42	—	PUT	46625H100
XYZ	BLOCK INC	125,000	$9.5M	0.1%	—	—	PUT	852234103
XOM	EXXON MOBIL CORP	59,100	$8.08M	0.1%	$138.74	—	COM	30231G102
ABNB	AIRBNB INC	100,000	$14.31M	0.1%	$129.40	—	CALL	009066101
META	META PLATFORMS INC	167,500	$94.35M	0.8%	$652.99	—	CALL	30303M102
HPQ	HP INC	500,000	$10.97M	0.1%	$19.77	—	CALL	40434L105
BRK/B	BERKSHIRE HATHAWAY INC DEL	53,500	$26.77M	0.2%	$493.47	—	CALL	084670702
RCL	ROYAL CARIBBEAN GROUP	25,400	$8.065M	0.1%	$308.86	—	CALL	V7780T103
PYPL	PAYPAL HLDGS INC	500,000	$21.59M	0.2%	—	—	CALL	70450Y103
JPM	JPMORGAN CHASE & CO	30,000	$9.82M	0.1%	$311.42	—	CALL	46625H100
WFC	WELLS FARGO & CO	200,000	$16.53M	0.1%	$90.04	—	CALL	949746101
WFC	WELLS FARGO & CO	200,000	$16.53M	0.1%	$90.04	—	PUT	949746101
AIG	AMERICAN INTL GROUP INC	600,000	$44.72M	0.4%	—	—	PUT	026874784
BAM	BROOKFIELD ASSET MANAGMT LTD	1,000,000	$44.85M	0.4%	—	—	PUT	113004105
PSX	PHILLIPS 66	20,000	$3.381M	0.0%	—	—	PUT	718546104
WYNN	WYNN RESORTS LTD	40,800	$3.961M	0.0%	$97.56	—	PUT	983134107
AIG	AMERICAN INTL GROUP INC	200,000	$14.91M	0.1%	—	—	CALL	026874784
PSX	PHILLIPS 66	10,000	$1.69M	0.0%	—	—	CALL	718546104
UBER	UBER TECHNOLOGIES INC	500,000	$36.08M	0.3%	—	—	PUT	90353T100
WYNN	WYNN RESORTS LTD	20,400	$1.981M	0.0%	$97.56	—	CALL	983134107
UBER	UBER TECHNOLOGIES INC	250,000	$18.04M	0.1%	—	—	CALL	90353T100