Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	STATE STR SPDR S&P 500 ETF T	5,100,000	$3.317B	42.0%	—	—	PUT	78462F103
IWM	ISHARES TR	1,100,000	$273M	3.5%	—	—	PUT	464287655
EWY	ISHARES INC	1,720,621	$212M	2.7%	$123.01	—	MSCI STH KOR ETF	464286772
Q	QNITY ELECTRONICS INC	1,737,944	$201M	2.5%	$101.21	0.0%	COMMON STOCK	74743L100
ENTG	ENTEGRIS INC	1,112,040	$130M	1.7%	$118.35	0.0%	COM	29362U104
EWZ	ISHARES INC	2,422,975	$93.02M	1.2%	$38.39	—	MSCI BRAZIL ETF	464286400
RMBS	RAMBUS INC DEL	701,307	$60.33M	0.8%	$104.73	0.0%	COM	750917106
LYB	LYONDELLBASELL INDUSTRIES NV	616,792	$49.69M	0.6%	$52.41	0.0%	SHS - A -	N53745100
META	META PLATFORMS INC	72,670	$41.58M	0.5%	$655.57	0.0%	CL A	30303M102
DOW	DOW HLDGS INC	902,960	$37.61M	0.5%	$29.05	0.0%	COM	260557103
LTH	LIFE TIME GROUP HOLDINGS INC	907,880	$24.46M	0.3%	$28.49	0.0%	COMMON STOCK	53190C102
VG	VENTURE GLOBAL INC	1,464,704	$23.08M	0.3%	$8.89	0.0%	COM CL A	92333F101
MT	ARCELORMITTAL SA LUXEMBOURG	125,127	$6.504M	0.1%	$51.98	—	NY REGISTRY SH	03938L203
VISN	VISTANCE NETWORKS INC	293,428	$5.34M	0.1%	$18.49	0.0%	COM	20337X109

Increased Positions (11)

PCG PG&E CORP 4.8%

Value $377M (+99.0%) Shares 21,467,215 (+82.0%) Est. Cost $16.40 Unrealized -0.1%

FLUT FLUTTER ENTMT PLC 1.8%

Value $144M (-52.0%) Shares 1,416,572 (+1.2%) Est. Cost $220.43 Unrealized -24.5%

DASH DOORDASH INC 3.5%

Value $275M (+122.4%) Shares 1,829,987 (+235.4%) Est. Cost $207.97 Unrealized -5.4%

XYZ BLOCK INC 3.0%

Value $239M (+78.8%) Shares 3,977,687 (+93.4%) Est. Cost $64.80 Unrealized -6.9%

CX CEMEX SA EURO MTN BE 144A 3.7%

Value $289M (+45.4%) Shares 25,243,519 (+46.1%) Est. Cost $8.45 Unrealized —

CAI CARIS LIFE SCIENCES INC 1.7%

Value $132M (-27.4%) Shares 7,360,446 (+9.6%) Est. Cost $28.07 Unrealized -15.4%

WAB WABTEC 1.9%

Value $150M (+26.0%) Shares 600,656 (+7.6%) Est. Cost $204.12 Unrealized +17.1%

RBRK RUBRIK INC. 2.3%

Value $179M (+11.2%) Shares 3,646,244 (+73.6%) Est. Cost $74.22 Unrealized -18.3%

NTRA NATERA INC 1.9%

Value $148M (-9.7%) Shares 739,879 (+3.4%) Est. Cost $156.00 Unrealized +44.8%

GRAB GRAB HOLDINGS LIMITED 2.0%

Value $155M (-4.8%) Shares 42,272,380 (+29.8%) Est. Cost $5.11 Unrealized -12.2%

WAY WAYSTAR HLDG CORP 1.2%

Value $90.84M (+0.0%) Shares 3,767,798 (+35.9%) Est. Cost $34.28 Unrealized -19.8%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PCG	PG&E CORP	21,467,215 (+82.0%)	$377M (+99.0%)	4.8%	$16.40	-0.1%	COM	69331C108
FLUT	FLUTTER ENTMT PLC	1,416,572 (+1.2%)	$144M (-52.0%)	1.8%	$220.43	-24.5%	SHS	G3643J108
DASH	DOORDASH INC	1,829,987 (+235.4%)	$275M (+122.4%)	3.5%	$207.97	-5.4%	CL A	25809K105
XYZ	BLOCK INC	3,977,687 (+93.4%)	$239M (+78.8%)	3.0%	$64.80	-6.9%	CL A	852234103
CX	CEMEX SA EURO MTN BE 144A	25,243,519 (+46.1%)	$289M (+45.4%)	3.7%	$8.45	—	SPON ADR NEW	151290889
CAI	CARIS LIFE SCIENCES INC	7,360,446 (+9.6%)	$132M (-27.4%)	1.7%	$28.07	-15.4%	COM	142152107
WAB	WABTEC	600,656 (+7.6%)	$150M (+26.0%)	1.9%	$204.12	+17.1%	COM	929740108
RBRK	RUBRIK INC.	3,646,244 (+73.6%)	$179M (+11.2%)	2.3%	$74.22	-18.3%	CL A	781154109
NTRA	NATERA INC	739,879 (+3.4%)	$148M (-9.7%)	1.9%	$156.00	+44.8%	COM	632307104
GRAB	GRAB HOLDINGS LIMITED	42,272,380 (+29.8%)	$155M (-4.8%)	2.0%	$5.11	-12.2%	CLASS A ORD	G4124C109
WAY	WAYSTAR HLDG CORP	3,767,798 (+35.9%)	$90.84M (+0.0%)	1.2%	$34.28	-19.8%	COM	946784105

Exited Positions (28)

SMH VANECK ETF TRUST 6.3%

Value $497M Shares 1,380,000 Est. Cost — Unrealized —

CEG CONSTELLATION ENERGY CORP 3.7%

Value $292M Shares 827,626 Est. Cost $363.20 Unrealized -17.1%

AMZN AMAZON COM INC 3.7%

Value $290M Shares 1,256,355 Est. Cost $212.91 Unrealized +6.5%

SCHW SCHWAB CHARLES CORP 3.0%

Value $241M Shares 2,408,147 Est. Cost $73.82 Unrealized +35.6%

CCC CCC INTELLIGENT SOLUTIONS HL 1.9%

Value $150M Shares 18,925,086 Est. Cost $9.08 Unrealized -23.9%

CRS CARPENTER TECHNOLOGY CORP 1.8%

Value $142M Shares 450,000 Est. Cost $248.73 Unrealized +40.4%

TEVA TEVA PHARMACEUTICAL INDS LTD 1.5%

Value $115M Shares 3,672,100 Est. Cost $16.90 Unrealized —

CX CEMEX SAB DE CV 1.3%

Value $103M Shares 9,000,000 Est. Cost $8.45 Unrealized —

ILMN ILLUMINA INC 1.1%

Value $84.85M Shares 646,900 Est. Cost $120.97 Unrealized +11.9%

BAC BANK AMERICA CORP 1.0%

Value $78.04M Shares 1,418,828 Est. Cost $52.67 Unrealized +1.9%

GLW CORNING INC 1.0%

Value $75.02M Shares 856,764 Est. Cost $48.33 Unrealized +131.1%

IOT SAMSARA INC 0.8%

Value $61.58M Shares 1,737,068 Est. Cost $37.62 Unrealized -20.9%

TSEM TOWER SEMICONDUCTOR LTD 0.7%

Value $56.43M Shares 480,614 Est. Cost $71.71 Unrealized +79.7%

VST VISTRA CORP 0.7%

Value $55.23M Shares 342,360 Est. Cost $170.27 Unrealized -4.2%

TLN TALEN ENERGY CORP 0.6%

Value $50.93M Shares 135,870 Est. Cost $294.01 Unrealized +25.2%

CRH CRH PLC 0.6%

Value $44.03M Shares 352,765 Est. Cost $85.76 Unrealized +45.0%

EXE EXPAND ENERGY CORPORATION 0.5%

Value $39.88M Shares 361,377 Est. Cost $109.50 Unrealized -3.4%

ETR ENTERGY CORP NEW 0.4%

Value $28.68M Shares 310,325 Est. Cost $94.54 Unrealized +3.0%

VALE VALE S A 0.3%

Value $20.09M Shares 1,542,021 Est. Cost $13.03 Unrealized —

LSCC LATTICE SEMICONDUCTOR CORP 0.3%

Value $19.91M Shares 270,613 Est. Cost $73.58 Unrealized —

METC RAMACO RES INC 0.2%

Value $17.99M Shares 999,187 Est. Cost $25.29 Unrealized -22.3%

HUT HUT 8 CORP 0.1%

Value $10.7M Shares 232,938 Est. Cost $44.08 Unrealized +28.4%

UNP UNION PAC CORP 0.1%

Value $10.52M Shares 45,466 Est. Cost $227.32 Unrealized +7.0%

EQT EQT CORP 0.1%

Value $10.42M Shares 194,486 Est. Cost $53.58 Unrealized +3.2%

SATS ECHOSTAR CORP 0.1%

Value $9.487M Shares 87,273 Est. Cost $81.43 Unrealized +42.9%

XP XP INC 0.1%

Value $9.36M Shares 571,756 Est. Cost $17.61 Unrealized +9.9%

OKTA OKTA INC 0.1%

Value $7.203M Shares 83,300 Est. Cost $96.53 Unrealized -10.7%

ALVO ALVOTECH 0.1%

Value $5.382M Shares 1,049,039 Est. Cost $12.91 Unrealized -62.2%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SMH	VANECK ETF TRUST	1,380,000	$497M	6.3%	—	—	PUT	92189F676
CEG	CONSTELLATION ENERGY CORP	827,626	$292M	3.7%	$363.20	-17.1%	—	21037T109
AMZN	AMAZON COM INC	1,256,355	$290M	3.7%	$212.91	+6.5%	—	023135106
SCHW	SCHWAB CHARLES CORP	2,408,147	$241M	3.0%	$73.82	+35.6%	—	808513105
CCC	CCC INTELLIGENT SOLUTIONS HL	18,925,086	$150M	1.9%	$9.08	-23.9%	—	12510Q100
CRS	CARPENTER TECHNOLOGY CORP	450,000	$142M	1.8%	$248.73	+40.4%	CALL	144285103
TEVA	TEVA PHARMACEUTICAL INDS LTD	3,672,100	$115M	1.5%	$16.90	—	CALL	881624209
CX	CEMEX SAB DE CV	9,000,000	$103M	1.3%	$8.45	—	CALL	151290889
ILMN	ILLUMINA INC	646,900	$84.85M	1.1%	$120.97	+11.9%	CALL	452327109
BAC	BANK AMERICA CORP	1,418,828	$78.04M	1.0%	$52.67	+1.9%	—	060505104
GLW	CORNING INC	856,764	$75.02M	1.0%	$48.33	+131.1%	—	219350105
IOT	SAMSARA INC	1,737,068	$61.58M	0.8%	$37.62	-20.9%	—	79589L106
TSEM	TOWER SEMICONDUCTOR LTD	480,614	$56.43M	0.7%	$71.71	+79.7%	—	M87915274
VST	VISTRA CORP	342,360	$55.23M	0.7%	$170.27	-4.2%	—	92840M102
TLN	TALEN ENERGY CORP	135,870	$50.93M	0.6%	$294.01	+25.2%	—	87422Q109
CRH	CRH PLC	352,765	$44.03M	0.6%	$85.76	+45.0%	—	G25508105
EXE	EXPAND ENERGY CORPORATION	361,377	$39.88M	0.5%	$109.50	-3.4%	—	165167735
ETR	ENTERGY CORP NEW	310,325	$28.68M	0.4%	$94.54	+3.0%	—	29364G103
VALE	VALE S A	1,542,021	$20.09M	0.3%	$13.03	—	—	91912E105
LSCC	LATTICE SEMICONDUCTOR CORP	270,613	$19.91M	0.3%	$73.58	—	—	518415104
METC	RAMACO RES INC	999,187	$17.99M	0.2%	$25.29	-22.3%	—	75134P600
HUT	HUT 8 CORP	232,938	$10.7M	0.1%	$44.08	+28.4%	—	44812J104
UNP	UNION PAC CORP	45,466	$10.52M	0.1%	$227.32	+7.0%	—	907818108
EQT	EQT CORP	194,486	$10.42M	0.1%	$53.58	+3.2%	—	26884L109
SATS	ECHOSTAR CORP	87,273	$9.487M	0.1%	$81.43	+42.9%	—	278768106
XP	XP INC	571,756	$9.36M	0.1%	$17.61	+9.9%	—	G98239109
OKTA	OKTA INC	83,300	$7.203M	0.1%	$96.53	-10.7%	—	679295105
ALVO	ALVOTECH	1,049,039	$5.382M	0.1%	$12.91	-62.2%	—	L01800108

Decreased Positions (17)

STUB STUBHUB HLDGS INC 1.6%

Value $126M (-62.6%) Shares 20,126,701 (-18.9%) Est. Cost $17.90 Unrealized -32.7%

FCX FREEPORT MCMORAN INC 0.0%

Value $547K (-99.7%) Shares 9,307 (-99.8%) Est. Cost $43.31 Unrealized +41.1%

CRS CARPENTER TECHNOLOGY CORP 0.1%

Value $5.103M (-97.4%) Shares 12,947 (-97.9%) Est. Cost $248.73 Unrealized +40.4%

CPNG COUPANG INC 0.2%

Value $13.93M (-92.5%) Shares 737,690 (-90.6%) Est. Cost $22.02 Unrealized -9.8%

RKT ROCKET COS INC 0.5%

Value $40.2M (-66.6%) Shares 2,820,714 (-54.7%) Est. Cost $15.55 Unrealized +29.5%

WCC WESCO INTL INC 1.0%

Value $80.75M (-46.1%) Shares 295,107 (-51.8%) Est. Cost $193.39 Unrealized +49.1%

COF CAPITAL ONE FINL CORP 1.6%

Value $124M (-32.3%) Shares 682,080 (-10.0%) Est. Cost $176.77 Unrealized +26.3%

TEVA TEVA PHARMACEUTICAL INDS LTD 0.8%

Value $59.45M (-49.8%) Shares 1,973,782 (-48.0%) Est. Cost $16.90 Unrealized —

ILMN ILLUMINA INC 0.2%

Value $18.31M (-73.8%) Shares 148,545 (-72.1%) Est. Cost $120.97 Unrealized +11.9%

COPX GLOBAL X FDS 0.1%

Value $5.572M (-89.7%) Shares 72,978 (-90.3%) Est. Cost $71.79 Unrealized —

GGAL GRUPO FINANCIERO GALICIA S.A 0.8%

Value $60.57M (-29.5%) Shares 1,296,753 (-18.6%) Est. Cost $51.58 Unrealized —

BMA BANCO MACRO S A 0.7%

Value $54.97M (-28.9%) Shares 710,493 (-17.1%) Est. Cost $83.94 Unrealized —

GLNG GOLAR LNG LTD 1.6%

Value $127M (-13.2%) Shares 2,346,795 (-40.3%) Est. Cost $38.48 Unrealized +7.4%

NVT NVENT ELEC PLC 3.3%

Value $260M (+7.1%) Shares 2,196,528 (-7.7%) Est. Cost $62.55 Unrealized +79.6%

BBAR BANCO BBVA ARGENTINA S A 0.5%

Value $35.79M (-25.8%) Shares 2,228,453 (-16.5%) Est. Cost $15.68 Unrealized —

ARMK ARAMARK 2.3%

Value $184M (+5.2%) Shares 4,532,293 (-4.3%) Est. Cost $35.78 Unrealized +9.2%

SUPV GRUPO SUPERVIELLE S.A. 0.2%

Value $11.85M (-34.0%) Shares 1,257,064 (-17.2%) Est. Cost $12.08 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
STUB	STUBHUB HLDGS INC	20,126,701 (-18.9%)	$126M (-62.6%)	1.6%	$17.90	-32.7%	CL A	86384P109
FCX	FREEPORT MCMORAN INC	9,307 (-99.8%)	$547K (-99.7%)	0.0%	$43.31	+41.1%	CL B	35671D857
CRS	CARPENTER TECHNOLOGY CORP	12,947 (-97.9%)	$5.103M (-97.4%)	0.1%	$248.73	+40.4%	COM	144285103
CPNG	COUPANG INC	737,690 (-90.6%)	$13.93M (-92.5%)	0.2%	$22.02	-9.8%	CL A	22266T109
RKT	ROCKET COS INC	2,820,714 (-54.7%)	$40.2M (-66.6%)	0.5%	$15.55	+29.5%	COM CL A	77311W101
WCC	WESCO INTL INC	295,107 (-51.8%)	$80.75M (-46.1%)	1.0%	$193.39	+49.1%	COM	95082P105
COF	CAPITAL ONE FINL CORP	682,080 (-10.0%)	$124M (-32.3%)	1.6%	$176.77	+26.3%	COM	14040H105
TEVA	TEVA PHARMACEUTICAL INDS LTD	1,973,782 (-48.0%)	$59.45M (-49.8%)	0.8%	$16.90	—	SPONSORED ADS	881624209
ILMN	ILLUMINA INC	148,545 (-72.1%)	$18.31M (-73.8%)	0.2%	$120.97	+11.9%	COM	452327109
COPX	GLOBAL X FDS	72,978 (-90.3%)	$5.572M (-89.7%)	0.1%	$71.79	—	GLOBAL X COPPER	37954Y830
GGAL	GRUPO FINANCIERO GALICIA S.A	1,296,753 (-18.6%)	$60.57M (-29.5%)	0.8%	$51.58	—	SPONSORED ADR	399909100
BMA	BANCO MACRO S A	710,493 (-17.1%)	$54.97M (-28.9%)	0.7%	$83.94	—	SPON ADR B	05961W105
GLNG	GOLAR LNG LTD	2,346,795 (-40.3%)	$127M (-13.2%)	1.6%	$38.48	+7.4%	SHS	G9456A100
NVT	NVENT ELEC PLC	2,196,528 (-7.7%)	$260M (+7.1%)	3.3%	$62.55	+79.6%	SHS	G6700G107
BBAR	BANCO BBVA ARGENTINA S A	2,228,453 (-16.5%)	$35.79M (-25.8%)	0.5%	$15.68	—	SPONSORED ADS	058934100
ARMK	ARAMARK	4,532,293 (-4.3%)	$184M (+5.2%)	2.3%	$35.78	+9.2%	COM	03852U106
SUPV	GRUPO SUPERVIELLE S.A.	1,257,064 (-17.2%)	$11.85M (-34.0%)	0.2%	$12.08	—	SPONSORED ADR	40054A108

Unchanged Positions (3)

LOMA LOMA NEGRA C I A S A MTN 14 0.2%

Value $12.54M Shares 1,130,732 Est. Cost $11.33 Unrealized —

— RAMACO RES INC 0.0%

Value $167K Shares 220,000 Est. Cost $0.84 Unrealized —

PAM PAMPA ENERGIA SA 0.3%

Value $24M Shares 271,221 Est. Cost $88.51 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LOMA	LOMA NEGRA C I A S A MTN 14	1,130,732	$12.54M	0.2%	$11.33	—	SPONSORED ADS	54150E104
—	RAMACO RES INC	220,000	$167K	0.0%	$0.84	—	NOTE 11/0	75134PAB1
PAM	PAMPA ENERGIA SA	271,221	$24M	0.3%	$88.51	—	SPONS ADR LVL I	697660207