Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
META	META PLATFORMS INC	1,315,000	$741M	9.5%	—	—	CALL	30303M102
SMH	VANECK ETF TRUST	916,400	$601M	7.7%	—	—	PUT	92189F676
PCG	PG&E CORP	31,500,000	$530M	6.8%	—	—	CALL	69331C108
AMZN	AMAZON COM INC	1,423,550	$339M	4.3%	—	—	COM	023135106
RTX	RTX CORPORATION	1,491,395	$283M	3.6%	—	—	COM	75513E101
DKNG	DRAFTKINGS INC NEW	8,986,638	$227M	2.9%	—	—	COM CL A	26142V105
FLS	FLOWSERVE CORP	2,654,220	$197M	2.5%	—	—	COM	34354P105
KNX	KNIGHT-SWIFT TRANSN HLDGS IN	1,994,977	$155M	2.0%	—	—	CL A	499049104
UNP	UNION PAC CORP	504,063	$137M	1.8%	—	—	COM	907818108
CSX	CSX CORP	2,552,063	$121M	1.6%	—	—	COM	126408103
UAL	UNITED AIRLS HLDGS INC	889,534	$121M	1.5%	—	—	COM	910047109
WMB	WILLIAMS COS INC	1,238,869	$92.1M	1.2%	—	—	COM	969457100
EWZ	ISHARES INC	2,400,000	$82.8M	1.1%	—	—	CALL	464286400
DKNG	DRAFTKINGS INC NEW	3,000,000	$75.78M	1.0%	—	—	CALL	26142V105
NN	NEXTNAV INC	3,790,000	$67.58M	0.9%	—	—	CALL	65345N106
CLF	CLEVELAND-CLIFFS INC NEW	6,582,026	$61.81M	0.8%	—	—	COM	185899101
NUE	NUCOR CORP	249,432	$55.56M	0.7%	—	—	COM	670346105
NN	NEXTNAV INC	3,114,953	$55.54M	0.7%	—	—	COMMON STOCK	65345N106
RMBS	RAMBUS INC DEL	350,000	$46.46M	0.6%	—	—	CALL	750917106
MSFT	MICROSOFT CORP	117,333	$43.77M	0.6%	—	—	COM	594918104
MTCH	MATCH GROUP INC NEW	1,097,337	$41.75M	0.5%	—	—	COM	57667L107
—	GOLAR LNG LTD	25,000,000	$28.4M	0.4%	—	—	NOTE 2.750%12/1	38046YAD3
STLD	STEEL DYNAMICS INC	74,216	$17.03M	0.2%	—	—	COM	858119100
AZUL	AZUL S A	1,855,834	$16.68M	0.2%	—	—	SPONSORED ADS	05501U601

Increased Positions (11)

META META PLATFORMS INC 2.7%

Value $214M (+415.4%) Shares 380,411 (+423.5%) Est. Cost — Unrealized —

GRAB GRAB HOLDINGS LIMITED 4.1%

Value $320M (+106.9%) Shares 84,891,692 (+100.8%) Est. Cost — Unrealized —

ILMN ILLUMINA INC 1.9%

Value $152M (+728.0%) Shares 862,210 (+480.4%) Est. Cost — Unrealized —

Q QNITY ELECTRONICS INC 3.8%

Value $293M (+46.4%) Shares 1,797,184 (+3.4%) Est. Cost — Unrealized —

CPNG COUPANG INC 0.9%

Value $72.25M (+418.7%) Shares 4,159,204 (+463.8%) Est. Cost — Unrealized —

COF CAPITAL ONE FINL CORP 2.2%

Value $171M (+37.7%) Shares 854,060 (+25.2%) Est. Cost — Unrealized —

RMBS RAMBUS INC DEL 1.3%

Value $101M (+68.1%) Shares 764,172 (+9.0%) Est. Cost — Unrealized —

WAB WABTEC 2.2%

Value $172M (+14.7%) Shares 638,455 (+6.3%) Est. Cost — Unrealized —

BMA BANCO MACRO S A 0.9%

Value $70.97M (+29.1%) Shares 766,444 (+7.9%) Est. Cost — Unrealized —

BBAR BANCO BBVA ARGENTINA S A 0.6%

Value $47.13M (+31.7%) Shares 2,403,557 (+7.9%) Est. Cost — Unrealized —

GGAL GRUPO FINANCIERO GALICIA S.A 0.9%

Value $69.99M (+15.6%) Shares 1,399,000 (+7.9%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
META	META PLATFORMS INC	380,411 (+423.5%)	$214M (+415.4%)	2.7%	—	—	CL A	30303M102
GRAB	GRAB HOLDINGS LIMITED	84,891,692 (+100.8%)	$320M (+106.9%)	4.1%	—	—	CLASS A ORD	G4124C109
ILMN	ILLUMINA INC	862,210 (+480.4%)	$152M (+728.0%)	1.9%	—	—	COM	452327109
Q	QNITY ELECTRONICS INC	1,797,184 (+3.4%)	$293M (+46.4%)	3.8%	—	—	COMMON STOCK	74743L100
CPNG	COUPANG INC	4,159,204 (+463.8%)	$72.25M (+418.7%)	0.9%	—	—	CL A	22266T109
COF	CAPITAL ONE FINL CORP	854,060 (+25.2%)	$171M (+37.7%)	2.2%	—	—	COM	14040H105
RMBS	RAMBUS INC DEL	764,172 (+9.0%)	$101M (+68.1%)	1.3%	—	—	COM	750917106
WAB	WABTEC	638,455 (+6.3%)	$172M (+14.7%)	2.2%	—	—	COM	929740108
BMA	BANCO MACRO S A	766,444 (+7.9%)	$70.97M (+29.1%)	0.9%	—	—	SPON ADR B	05961W105
BBAR	BANCO BBVA ARGENTINA S A	2,403,557 (+7.9%)	$47.13M (+31.7%)	0.6%	—	—	SPONSORED ADS	058934100
GGAL	GRUPO FINANCIERO GALICIA S.A	1,399,000 (+7.9%)	$69.99M (+15.6%)	0.9%	—	—	SPONSORED ADR	399909100

Exited Positions (19)

SPY STATE STR SPDR S&P 500 ETF T 42.4%

Value $3.317B Shares 5,100,000 Est. Cost — Unrealized —

IWM ISHARES TR 3.5%

Value $273M Shares 1,100,000 Est. Cost — Unrealized —

NVT NVENT ELEC PLC 3.3%

Value $260M Shares 2,196,528 Est. Cost — Unrealized —

EWY ISHARES INC 2.7%

Value $212M Shares 1,720,621 Est. Cost — Unrealized —

ENTG ENTEGRIS INC 1.7%

Value $130M Shares 1,112,040 Est. Cost — Unrealized —

GLNG GOLAR LNG LTD 1.6%

Value $127M Shares 2,346,795 Est. Cost — Unrealized —

EWZ ISHARES INC 1.2%

Value $93.02M Shares 2,422,975 Est. Cost — Unrealized —

WCC WESCO INTL INC 1.0%

Value $80.75M Shares 295,107 Est. Cost — Unrealized —

TEVA TEVA PHARMACEUTICAL INDS LTD 0.8%

Value $59.45M Shares 1,973,782 Est. Cost — Unrealized —

LYB LYONDELLBASELL INDUSTRIES NV 0.6%

Value $49.69M Shares 616,792 Est. Cost — Unrealized —

RKT ROCKET COS INC 0.5%

Value $40.2M Shares 2,820,714 Est. Cost — Unrealized —

DOW DOW HLDGS INC 0.5%

Value $37.61M Shares 902,960 Est. Cost — Unrealized —

VG VENTURE GLOBAL INC 0.3%

Value $23.08M Shares 1,464,704 Est. Cost — Unrealized —

SUPV GRUPO SUPERVIELLE S.A. 0.2%

Value $11.85M Shares 1,257,064 Est. Cost — Unrealized —

MT ARCELORMITTAL SA LUXEMBOURG 0.1%

Value $6.504M Shares 125,127 Est. Cost — Unrealized —

COPX GLOBAL X FDS 0.1%

Value $5.572M Shares 72,978 Est. Cost — Unrealized —

VISN VISTANCE NETWORKS INC 0.1%

Value $5.34M Shares 293,428 Est. Cost — Unrealized —

CRS CARPENTER TECHNOLOGY CORP 0.1%

Value $5.103M Shares 12,947 Est. Cost — Unrealized —

FCX FREEPORT MCMORAN INC 0.0%

Value $547K Shares 9,307 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	STATE STR SPDR S&P 500 ETF T	5,100,000	$3.317B	42.4%	—	—	PUT	78462F103
IWM	ISHARES TR	1,100,000	$273M	3.5%	—	—	PUT	464287655
NVT	NVENT ELEC PLC	2,196,528	$260M	3.3%	—	—	—	G6700G107
EWY	ISHARES INC	1,720,621	$212M	2.7%	—	—	—	464286772
ENTG	ENTEGRIS INC	1,112,040	$130M	1.7%	—	—	—	29362U104
GLNG	GOLAR LNG LTD	2,346,795	$127M	1.6%	—	—	—	G9456A100
EWZ	ISHARES INC	2,422,975	$93.02M	1.2%	—	—	—	464286400
WCC	WESCO INTL INC	295,107	$80.75M	1.0%	—	—	—	95082P105
TEVA	TEVA PHARMACEUTICAL INDS LTD	1,973,782	$59.45M	0.8%	—	—	—	881624209
LYB	LYONDELLBASELL INDUSTRIES NV	616,792	$49.69M	0.6%	—	—	—	N53745100
RKT	ROCKET COS INC	2,820,714	$40.2M	0.5%	—	—	—	77311W101
DOW	DOW HLDGS INC	902,960	$37.61M	0.5%	—	—	—	260557103
VG	VENTURE GLOBAL INC	1,464,704	$23.08M	0.3%	—	—	—	92333F101
SUPV	GRUPO SUPERVIELLE S.A.	1,257,064	$11.85M	0.2%	—	—	—	40054A108
MT	ARCELORMITTAL SA LUXEMBOURG	125,127	$6.504M	0.1%	—	—	—	03938L203
COPX	GLOBAL X FDS	72,978	$5.572M	0.1%	—	—	—	37954Y830
VISN	VISTANCE NETWORKS INC	293,428	$5.34M	0.1%	—	—	—	20337X109
CRS	CARPENTER TECHNOLOGY CORP	12,947	$5.103M	0.1%	—	—	—	144285103
FCX	FREEPORT MCMORAN INC	9,307	$547K	0.0%	—	—	—	35671D857

Decreased Positions (9)

NTRA NATERA INC 0.9%

Value $70.04M (-52.7%) Shares 258,012 (-65.1%) Est. Cost — Unrealized —

WAY WAYSTAR HLDG CORP 0.3%

Value $21.16M (-76.7%) Shares 1,030,502 (-72.6%) Est. Cost — Unrealized —

FLUT FLUTTER ENTMT PLC 1.1%

Value $87.28M (-39.6%) Shares 854,251 (-39.7%) Est. Cost — Unrealized —

ARMK ARAMARK 1.7%

Value $135M (-26.5%) Shares 2,373,938 (-47.6%) Est. Cost — Unrealized —

PCG PG&E CORP 4.4%

Value $341M (-9.6%) Shares 20,273,520 (-5.6%) Est. Cost — Unrealized —

RBRK RUBRIK INC. 1.9%

Value $149M (-16.5%) Shares 1,856,244 (-49.1%) Est. Cost — Unrealized —

CAI CARIS LIFE SCIENCES INC 1.6%

Value $122M (-7.5%) Shares 6,828,835 (-7.2%) Est. Cost — Unrealized —

XYZ BLOCK INC 3.0%

Value $235M (-1.8%) Shares 3,094,493 (-22.2%) Est. Cost — Unrealized —

STUB STUBHUB HLDGS INC 1.6%

Value $128M (+2.1%) Shares 9,963,172 (-50.5%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NTRA	NATERA INC	258,012 (-65.1%)	$70.04M (-52.7%)	0.9%	—	—	COM	632307104
WAY	WAYSTAR HLDG CORP	1,030,502 (-72.6%)	$21.16M (-76.7%)	0.3%	—	—	COM	946784105
FLUT	FLUTTER ENTMT PLC	854,251 (-39.7%)	$87.28M (-39.6%)	1.1%	—	—	SHS	G3643J108
ARMK	ARAMARK	2,373,938 (-47.6%)	$135M (-26.5%)	1.7%	—	—	COM	03852U106
PCG	PG&E CORP	20,273,520 (-5.6%)	$341M (-9.6%)	4.4%	—	—	COM	69331C108
RBRK	RUBRIK INC.	1,856,244 (-49.1%)	$149M (-16.5%)	1.9%	—	—	CL A	781154109
CAI	CARIS LIFE SCIENCES INC	6,828,835 (-7.2%)	$122M (-7.5%)	1.6%	—	—	COM	142152107
XYZ	BLOCK INC	3,094,493 (-22.2%)	$235M (-1.8%)	3.0%	—	—	CL A	852234103
STUB	STUBHUB HLDGS INC	9,963,172 (-50.5%)	$128M (+2.1%)	1.6%	—	—	CL A	86384P109

Unchanged Positions (6)

DASH DOORDASH INC 4.3%

Value $338M Shares 1,829,987 Est. Cost — Unrealized —

CX CEMEX SA EURO MTN BE 144A 3.9%

Value $303M Shares 25,243,519 Est. Cost — Unrealized —

LTH LIFE TIME GROUP HOLDINGS INC 0.5%

Value $37.08M Shares 907,880 Est. Cost — Unrealized —

PAM PAMPA ENERGIA SA 0.3%

Value $22.28M Shares 271,221 Est. Cost — Unrealized —

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

Value $12.95M Shares 1,130,732 Est. Cost — Unrealized —

— RAMACO RES INC 0.0%

Value $162K Shares 220,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DASH	DOORDASH INC	1,829,987	$338M	4.3%	—	—	CL A	25809K105
CX	CEMEX SA EURO MTN BE 144A	25,243,519	$303M	3.9%	—	—	SPON ADR NEW	151290889
LTH	LIFE TIME GROUP HOLDINGS INC	907,880	$37.08M	0.5%	—	—	COMMON STOCK	53190C102
PAM	PAMPA ENERGIA SA	271,221	$22.28M	0.3%	—	—	SPONS ADR LVL I	697660207
LOMA	LOMA NEGRA C I A S A MTN 14	1,130,732	$12.95M	0.2%	—	—	SPONSORED ADS	54150E104
—	RAMACO RES INC	220,000	$162K	0.0%	—	—	NOTE 11/0	75134PAB1