Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MU	MICRON TECHNOLOGY INC	400,000	$462M	24.7%	$902.64	—	CALL	595112103
DRAM	ROUNDHILL ETF TRUST	1,600,000	$118M	6.3%	$73.85	—	CALL	77926X320
AMD	ADVANCED MICRO DEVICES INC	200,000	$116M	6.2%	$457.22	—	CALL	007903107
INTC	INTEL CORP	800,000	$112M	6.0%	$139.63	—	CALL	458140100
LRCX	LAM RESEARCH CORP	200,000	$86.67M	4.6%	$433.33	—	CALL	512807306
COHR	COHERENT CORP	187,500	$73.96M	4.0%	$394.47	—	CALL	19247G107
KLAC	KLA CORP	200,000	$60.34M	3.2%	—	—	CALL	482480100
DELL	DELL TECHNOLOGIES INC	108,000	$46.6M	2.5%	$431.46	—	CALL	24703L202
AMAT	APPLIED MATLS INC	60,000	$43.38M	2.3%	$723.00	—	CALL	038222105
MU	MICRON TECHNOLOGY INC	30,000	$34.63M	1.9%	$902.64	—	PUT	595112103
TXN	TEXAS INSTRS INC	100,000	$29.81M	1.6%	$298.07	—	CALL	882508104
MRVL	MARVELL TECHNOLOGY INC	100,000	$29.79M	1.6%	—	—	CALL	573874104
LRCX	LAM RESEARCH CORP	65,000	$28.17M	1.5%	$433.33	—	COM NEW	512807306
MCHP	MICROCHIP TECHNOLOGY INC.	250,000	$22.8M	1.2%	—	—	CALL	595017104
INTC	INTEL CORP	150,000	$20.94M	1.1%	$139.63	—	COM	458140100
AMAT	APPLIED MATLS INC	25,000	$18.07M	1.0%	$723.00	—	COM	038222105
ARM	ARM HOLDINGS PLC	50,000	$17.73M	0.9%	$354.57	—	CALL	042068205
WDAY	WORKDAY INC	100,000	$12.24M	0.7%	—	—	CALL	98138H101
CRDO	CREDO TECHNOLOGY GROUP HOLDI	40,000	$10.88M	0.6%	$271.95	—	CALL	G25457105
WOLF	WOLFSPEED INC	170,000	$8.203M	0.4%	—	—	CALL	97785W106
TXN	TEXAS INSTRS INC	27,500	$8.197M	0.4%	$298.07	—	COM	882508104
ADI	ANALOG DEVICES INC	20,000	$7.943M	0.4%	$397.17	—	COM	032654105
DELL	DELL TECHNOLOGIES INC	16,000	$6.903M	0.4%	$431.46	—	CL C	24703L202
NOK	NOKIA CORP	500,000	$6.64M	0.4%	—	—	CALL	654902204
SMCI	SUPER MICRO COMPUTER INC	208,000	$6.101M	0.3%	$29.33	—	CALL	86800U302
CRDO	CREDO TECHNOLOGY GROUP HOLDI	20,000	$5.439M	0.3%	$271.95	—	ORDINARY SHARES	G25457105
GLW	CORNING INC	20,000	$5.109M	0.3%	$255.43	—	COM	219350105
SMCI	SUPER MICRO COMPUTER INC	160,000	$4.693M	0.3%	$29.33	—	COM NEW	86800U302
COHR	COHERENT CORP	7,500	$2.959M	0.2%	$394.47	—	COM	19247G107
ARM	ARM HOLDINGS PLC	7,500	$2.659M	0.1%	$354.57	—	SPONSORED ADS	042068205
DRAM	ROUNDHILL ETF TRUST	25,000	$1.846M	0.1%	$73.85	—	MEMORY ETF	77926X320

Increased Positions (13)

MU MICRON TECHNOLOGY INC 3.2%

Value $60.02M (+1084.4%) Shares 52,000 (+246.7%) Est. Cost $902.64 Unrealized —

AMZN AMAZON COM INC 2.5%

Value $47.67M (+128.9%) Shares 200,000 (+100.0%) Est. Cost $221.59 Unrealized —

NVDA NVIDIA CORPORATION 3.7%

Value $69.03M (+55.2%) Shares 345,000 (+35.3%) Est. Cost $155.08 Unrealized —

AMD ADVANCED MICRO DEVICES INC 1.4%

Value $26.27M (+722.6%) Shares 45,226 (+188.1%) Est. Cost $457.22 Unrealized —

GOOG ALPHABET INC 2.0%

Value $37.1M (+99.0%) Shares 105,000 (+61.5%) Est. Cost $249.79 Unrealized —

MSFT MICROSOFT CORP 2.0%

Value $37.3M (+12.0%) Shares 100,000 (+11.1%) Est. Cost $383.44 Unrealized —

SE SEA LTD 0.7%

Value $13.32M (+28.7%) Shares 139,000 (+11.2%) Est. Cost $118.48 Unrealized —

DASH DOORDASH INC 0.4%

Value $8.007M (+58.8%) Shares 43,392 (+29.2%) Est. Cost $193.93 Unrealized —

WIX WIX COM LTD 0.2%

Value $4.31M (-38.3%) Shares 95,000 (+22.6%) Est. Cost $74.81 Unrealized —

MSFT MICROSOFT CORP 1.0%

Value $19.21M (+3.8%) Shares 51,500 (+3.0%) Est. Cost $383.44 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.3%

Value $4.77M (-9.1%) Shares 40,881 (+13.9%) Est. Cost $149.58 Unrealized —

MNTN MNTN INC 0.2%

Value $3.132M (+9.4%) Shares 340,441 (+4.6%) Est. Cost $10.23 Unrealized —

MELI MERCADOLIBRE INC 0.5%

Value $9.336M (+1.9%) Shares 5,500 (+3.8%) Est. Cost $1827.64 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MU	MICRON TECHNOLOGY INC	52,000 (+246.7%)	$60.02M (+1084.4%)	3.2%	$902.64	—	COM	595112103
AMZN	AMAZON COM INC	200,000 (+100.0%)	$47.67M (+128.9%)	2.5%	$221.59	—	CALL	023135106
NVDA	NVIDIA CORPORATION	345,000 (+35.3%)	$69.03M (+55.2%)	3.7%	$155.08	—	COM	67066G104
AMD	ADVANCED MICRO DEVICES INC	45,226 (+188.1%)	$26.27M (+722.6%)	1.4%	$457.22	—	COM	007903107
GOOG	ALPHABET INC	105,000 (+61.5%)	$37.1M (+99.0%)	2.0%	$249.79	—	CAP STK CL C	02079K107
MSFT	MICROSOFT CORP	100,000 (+11.1%)	$37.3M (+12.0%)	2.0%	$383.44	—	COM	594918104
SE	SEA LTD	139,000 (+11.2%)	$13.32M (+28.7%)	0.7%	$118.48	—	SPONSORD ADS	81141R100
DASH	DOORDASH INC	43,392 (+29.2%)	$8.007M (+58.8%)	0.4%	$193.93	—	CL A	25809K105
WIX	WIX COM LTD	95,000 (+22.6%)	$4.31M (-38.3%)	0.2%	$74.81	—	SHS	M98068105
MSFT	MICROSOFT CORP	51,500 (+3.0%)	$19.21M (+3.8%)	1.0%	$383.44	—	CALL	594918104
PLTR	PALANTIR TECHNOLOGIES INC	40,881 (+13.9%)	$4.77M (-9.1%)	0.3%	$149.58	—	CL A	69608A108
MNTN	MNTN INC	340,441 (+4.6%)	$3.132M (+9.4%)	0.2%	$10.23	—	CL A	55318A108
MELI	MERCADOLIBRE INC	5,500 (+3.8%)	$9.336M (+1.9%)	0.5%	$1827.64	—	COM	58733R102

Exited Positions (11)

SPY STATE STR SPDR S&P 500 ETF T 38.2%

Value $715M Shares 1,100,000 Est. Cost — Unrealized —

QQQ INVESCO QQQ TR 23.5%

Value $439M Shares 760,200 Est. Cost — Unrealized —

IWM ISHARES TR 5.3%

Value $99.2M Shares 400,000 Est. Cost — Unrealized —

META META PLATFORMS INC 1.5%

Value $28.61M Shares 50,000 Est. Cost $671.44 Unrealized —

FSLY FASTLY INC 0.4%

Value $7.537M Shares 259,343 Est. Cost $9.86 Unrealized —

IOT SAMSARA INC 0.3%

Value $5.768M Shares 182,000 Est. Cost $29.75 Unrealized —

DLO DLOCAL LTD 0.3%

Value $5.519M Shares 425,485 Est. Cost $11.00 Unrealized —

SEZL SEZZLE INC 0.2%

Value $4.318M Shares 68,232 Est. Cost $67.47 Unrealized —

ORCL ORACLE CORP 0.2%

Value $2.942M Shares 20,000 Est. Cost $201.82 Unrealized —

XYZ BLOCK INC 0.1%

Value $2.407M Shares 40,000 Est. Cost $60.32 Unrealized —

BMBL BUMBLE INC 0.0%

Value $579K Shares 177,608 Est. Cost $3.31 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	STATE STR SPDR S&P 500 ETF T	1,100,000	$715M	38.2%	—	—	PUT	78462F103
QQQ	INVESCO QQQ TR	760,200	$439M	23.5%	—	—	PUT	46090E103
IWM	ISHARES TR	400,000	$99.2M	5.3%	—	—	PUT	464287655
META	META PLATFORMS INC	50,000	$28.61M	1.5%	$671.44	—	CALL	30303M102
FSLY	FASTLY INC	259,343	$7.537M	0.4%	$9.86	—	—	31188V100
IOT	SAMSARA INC	182,000	$5.768M	0.3%	$29.75	—	—	79589L106
DLO	DLOCAL LTD	425,485	$5.519M	0.3%	$11.00	—	—	G29018101
SEZL	SEZZLE INC	68,232	$4.318M	0.2%	$67.47	—	—	78435P105
ORCL	ORACLE CORP	20,000	$2.942M	0.2%	$201.82	—	—	68389X105
XYZ	BLOCK INC	40,000	$2.407M	0.1%	$60.32	—	—	852234103
BMBL	BUMBLE INC	177,608	$579K	0.0%	$3.31	—	—	12047B105

Decreased Positions (6)

NVDA NVIDIA CORPORATION 1.1%

Value $20.01M (-61.8%) Shares 100,000 (-66.7%) Est. Cost $155.08 Unrealized —

AVGO BROADCOM INC 0.6%

Value $11.33M (-71.8%) Shares 30,000 (-76.9%) Est. Cost $267.85 Unrealized —

META META PLATFORMS INC 0.6%

Value $11.27M (-21.2%) Shares 20,000 (-20.0%) Est. Cost $671.44 Unrealized —

AMZN AMAZON COM INC 0.1%

Value $2.383M (-42.8%) Shares 10,000 (-50.0%) Est. Cost $221.59 Unrealized —

AAPL APPLE INC 1.7%

Value $31.83M (+4.5%) Shares 110,000 (-8.3%) Est. Cost $262.82 Unrealized —

APP APPLOVIN CORP 0.8%

Value $14.17M (-7.5%) Shares 27,500 (-28.6%) Est. Cost $498.66 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	100,000 (-66.7%)	$20.01M (-61.8%)	1.1%	$155.08	—	CALL	67066G104
AVGO	BROADCOM INC	30,000 (-76.9%)	$11.33M (-71.8%)	0.6%	$267.85	—	COM	11135F101
META	META PLATFORMS INC	20,000 (-20.0%)	$11.27M (-21.2%)	0.6%	$671.44	—	CL A	30303M102
AMZN	AMAZON COM INC	10,000 (-50.0%)	$2.383M (-42.8%)	0.1%	$221.59	—	COM	023135106
AAPL	APPLE INC	110,000 (-8.3%)	$31.83M (+4.5%)	1.7%	$262.82	—	COM	037833100
APP	APPLOVIN CORP	27,500 (-28.6%)	$14.17M (-7.5%)	0.8%	$498.66	—	COM CL A	03831W108

Unchanged Positions (6)

HOOD ROBINHOOD MKTS INC 0.5%

Value $9.226M Shares 92,000 Est. Cost $73.62 Unrealized —

HIMS HIMS & HERS HEALTH INC 0.2%

Value $3.814M Shares 110,000 Est. Cost $25.10 Unrealized —

DUOL DUOLINGO INC 0.4%

Value $7.873M Shares 68,450 Est. Cost $188.44 Unrealized —

NU NU HLDGS LTD 0.3%

Value $5.686M Shares 425,614 Est. Cost $13.30 Unrealized —

ZETA ZETA GLOBAL HOLDINGS CORP 0.1%

Value $1.082M Shares 55,000 Est. Cost $25.26 Unrealized —

PAACU PROEM ACQUISITION CORP I 0.1%

Value $2.449M Shares 242,924 Est. Cost $10.01 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HOOD	ROBINHOOD MKTS INC	92,000	$9.226M	0.5%	$73.62	—	COM CL A	770700102
HIMS	HIMS & HERS HEALTH INC	110,000	$3.814M	0.2%	$25.10	—	COM CL A	433000106
DUOL	DUOLINGO INC	68,450	$7.873M	0.4%	$188.44	—	CL A COM	26603R106
NU	NU HLDGS LTD	425,614	$5.686M	0.3%	$13.30	—	ORD SHS CL A	G6683N103
ZETA	ZETA GLOBAL HOLDINGS CORP	55,000	$1.082M	0.1%	$25.26	—	CL A	98956A105
PAACU	PROEM ACQUISITION CORP I	242,924	$2.449M	0.1%	$10.01	—	UNIT 01/29/2031	G7341A129