Tejara Capital Ltd Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	300,000	$184,293	43.4%	—	—	PUT	46090E103
DEC	DIVERSIFIED ENERGY CO	2,007,882	$29,074	6.8%	$13.84	0.0%	COMMON STOCK	25520W107
DNOW	DNOW INC	685,617	$9,084	2.1%	$14.04	0.0%	COM	67011P100
EVH	EVOLENT HEALTH INC	1,331,441	$5,326	1.3%	$5.56	0.0%	CL A	30050B101
OVV	OVINTIV INC	101,700	$3,986	0.9%	$38.77	0.0%	COM	69047Q102
GEO	GEO GROUP INC NEW	232,700	$3,751	0.9%	$16.67	0.0%	COM	36162J106
UNH	UNITEDHEALTH GROUP INC	10,680	$3,526	0.8%	$337.21	0.0%	COM	91324P102
MAN	MANPOWERGROUP INC WIS	104,100	$3,095	0.7%	$31.24	0.0%	COM	56418H100
TALO	TALOS ENERGY INC	264,100	$2,910	0.7%	$10.46	0.0%	COM	87484T108
MHK	MOHAWK INDS INC	23,000	$2,514	0.6%	$114.84	0.0%	COM	608190104
SSYS	STRATASYS LTD	250,000	$2,170	0.5%	$9.91	0.0%	SHS	M85548101
FIS	FIDELITY NATL INFORMATION	25,111	$1,669	0.4%	$65.64	0.0%	COM	31620M106
IT	GARTNER INC	6,400	$1,615	0.4%	$240.69	0.0%	COM	366651107
RNW	RENEW ENERGY GLOBAL PLC	274,800	$1,553	0.4%	$7.23	0.0%	CL A SHS	G7500M104
CC	CHEMOURS CO	125,300	$1,477	0.3%	$12.79	0.0%	COM	163851108
LYB	LYONDELLBASELL INDUSTRIES N	32,900	$1,425	0.3%	$44.45	0.0%	SHS - A -	N53745100
CSAN	COSAN S A	351,000	$1,386	0.3%	$3.95	—	ADS	22113B103
SAM	BOSTON BEER INC	6,900	$1,346	0.3%	$206.20	0.0%	CL A	100557107
FOUR	SHIFT4 PMTS INC	21,200	$1,335	0.3%	$70.65	0.0%	CL A	82452J109
RHI	ROBERT HALF INC.	45,700	$1,241	0.3%	$28.54	0.0%	COM	770323103
TDOC	TELADOC HEALTH INC	159,200	$1,114	0.3%	$7.83	0.0%	COM	87918A105
TNET	TRINET GROUP INC	18,000	$1,064	0.3%	$59.14	0.0%	COM	896288107
BDX	BECTON DICKINSON & CO	5,400	$1,048	0.2%	$189.55	0.0%	COM	075887109
QURE	UNIQURE NV	42,000	$1,005	0.2%	$38.59	0.0%	SHS	N90064101
KLC	KINDERCARE LEARNING	214,646	$927	0.2%	$5.04	0.0%	COM	49456W105
CRK	COMSTOCK RES INC	23,200	$538	0.1%	$22.04	0.0%	COM	205768302
CMCSA	COMCAST CORP NEW	17,100	$511	0.1%	$28.53	0.0%	CL A	20030N101
FND	FLOOR & DECOR HLDGS INC	7,900	$481	0.1%	$64.82	0.0%	CL A	339750101
ECOR	ELECTROCORE INC	100,378	$450	0.1%	$5.01	0.0%	COM NEW	28531P202

Increased Positions (22)

TFX TELEFLEX INCORPORATED 2.2%

Value ($000) $9,483 (+868.7%) Shares 77,700 (+871.3%) Est. Cost $120.97 Unrealized +0.0%

SDRL SEADRILL LTD 3.0%

Value ($000) $12,728 (+129.9%) Shares 367,868 (+100.7%) Est. Cost $30.48 Unrealized +2.2%

GLNG GOLAR LNG LTD 3.2%

Value ($000) $13,731 (+72.9%) Shares 369,026 (+87.8%) Est. Cost $38.70 Unrealized -1.6%

ESTA ESTABLISHMENT LABS HLDGS 2.1%

Value ($000) $9,131 (+117.4%) Shares 125,294 (+22.2%) Est. Cost $41.76 Unrealized +44.6%

STNG SCORPIO TANKERS INC 1.3%

Value ($000) $5,629 (+402.1%) Shares 110,738 (+453.7%) Est. Cost $50.64 Unrealized —

AR ANTERO RESOURCES CORP 1.1%

Value ($000) $4,821 (+260.9%) Shares 139,900 (+251.5%) Est. Cost $33.71 Unrealized +0.5%

VTRS VIATRIS INC 1.7%

Value ($000) $7,386 (+76.5%) Shares 593,220 (+40.4%) Est. Cost $10.12 Unrealized +5.9%

MREO MEREO BIOPHARMA GROUP PLC 0.2%

Value ($000) $900 (-77.1%) Shares 2,159,681 (+13.3%) Est. Cost $1.37 Unrealized —

QDEL QUIDELORTHO CORP 1.4%

Value ($000) $5,950 (+91.3%) Shares 208,327 (+97.2%) Est. Cost $35.67 Unrealized -24.0%

MRVI MARAVAI LIFESCIENCES HLDGS 2.3%

Value ($000) $9,816 (+39.4%) Shares 3,020,209 (+23.1%) Est. Cost $2.75 Unrealized +22.5%

PTEN PATTERSON-UTI ENERGY INC 1.3%

Value ($000) $5,441 (+89.3%) Shares 890,493 (+60.5%) Est. Cost $6.35 Unrealized -6.0%

CRDL CARDIOL THERAPEUTICS INC 1.2%

Value ($000) $4,893 (+73.9%) Shares 5,130,122 (+95.1%) Est. Cost $1.18 Unrealized -11.3%

NE NOBLE CORP PLC 2.3%

Value ($000) $9,846 (+26.1%) Shares 348,648 (+26.3%) Est. Cost $32.58 Unrealized -10.3%

SLB SLB LIMITED 1.6%

Value ($000) $6,657 (+39.6%) Shares 173,459 (+25.0%) Est. Cost $36.30 Unrealized -0.7%

EXE EXPAND ENERGY CORPORATION 0.8%

Value ($000) $3,443 (+58.9%) Shares 31,200 (+52.9%) Est. Cost $103.10 Unrealized +7.3%

ALIT ALIGHT INC 0.6%

Value ($000) $2,667 (+84.5%) Shares 1,367,529 (+208.5%) Est. Cost $3.34 Unrealized -26.3%

TDW TIDEWATER INC NEW 0.5%

Value ($000) $2,253 (+115.5%) Shares 44,600 (+127.6%) Est. Cost $53.69 Unrealized -1.6%

HRTX HERON THERAPEUTICS INC 1.6%

Value ($000) $6,671 (+15.4%) Shares 5,131,426 (+11.8%) Est. Cost $1.73 Unrealized -28.6%

IART INTEGRA LIFESCIENCES HLDGS 0.5%

Value ($000) $2,134 (+23.6%) Shares 171,813 (+42.6%) Est. Cost $16.86 Unrealized -21.1%

TXMD THERAPEUTICSMD INC 0.1%

Value ($000) $572 (+54.6%) Shares 350,852 (+1.9%) Est. Cost $5.36 Unrealized -73.0%

FIP FTAI INFRASTRUCTURE INC 0.3%

Value ($000) $1,195 (+16.4%) Shares 259,146 (+10.1%) Est. Cost $5.83 Unrealized -15.8%

CERT CERTARA INC 0.8%

Value ($000) $3,361 (+0.7%) Shares 381,552 (+39.7%) Est. Cost $11.09 Unrealized -7.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TFX	TELEFLEX INCORPORATED	77,700 (+871.3%)	$9,483 (+868.7%)	2.2%	$120.97	+0.0%	COM	879369106
SDRL	SEADRILL LTD	367,868 (+100.7%)	$12,728 (+129.9%)	3.0%	$30.48	+2.2%	COM	G7997W102
GLNG	GOLAR LNG LTD	369,026 (+87.8%)	$13,731 (+72.9%)	3.2%	$38.70	-1.6%	SHS	G9456A100
ESTA	ESTABLISHMENT LABS HLDGS	125,294 (+22.2%)	$9,131 (+117.4%)	2.1%	$41.76	+44.6%	COM	G31249108
STNG	SCORPIO TANKERS INC	110,738 (+453.7%)	$5,629 (+402.1%)	1.3%	$50.64	—	SHS	Y7542C130
AR	ANTERO RESOURCES CORP	139,900 (+251.5%)	$4,821 (+260.9%)	1.1%	$33.71	+0.5%	COM	03674X106
VTRS	VIATRIS INC	593,220 (+40.4%)	$7,386 (+76.5%)	1.7%	$10.12	+5.9%	COM	92556V106
MREO	MEREO BIOPHARMA GROUP PLC	2,159,681 (+13.3%)	$900 (-77.1%)	0.2%	$1.37	—	SPON ADS	589492107
QDEL	QUIDELORTHO CORP	208,327 (+97.2%)	$5,950 (+91.3%)	1.4%	$35.67	-24.0%	COM	219798105
MRVI	MARAVAI LIFESCIENCES HLDGS	3,020,209 (+23.1%)	$9,816 (+39.4%)	2.3%	$2.75	+22.5%	COM CL A	56600D107
PTEN	PATTERSON-UTI ENERGY INC	890,493 (+60.5%)	$5,441 (+89.3%)	1.3%	$6.35	-6.0%	COM	703481101
CRDL	CARDIOL THERAPEUTICS INC	5,130,122 (+95.1%)	$4,893 (+73.9%)	1.2%	$1.18	-11.3%	COM CL A	14161Y200
NE	NOBLE CORP PLC	348,648 (+26.3%)	$9,846 (+26.1%)	2.3%	$32.58	-10.3%	ORD SHS A	G65431127
SLB	SLB LIMITED	173,459 (+25.0%)	$6,657 (+39.6%)	1.6%	$36.30	-0.7%	COM STK	806857108
EXE	EXPAND ENERGY CORPORATION	31,200 (+52.9%)	$3,443 (+58.9%)	0.8%	$103.10	+7.3%	COM	165167735
ALIT	ALIGHT INC	1,367,529 (+208.5%)	$2,667 (+84.5%)	0.6%	$3.34	-26.3%	COM CL A	01626W101
TDW	TIDEWATER INC NEW	44,600 (+127.6%)	$2,253 (+115.5%)	0.5%	$53.69	-1.6%	COM	88642R109
HRTX	HERON THERAPEUTICS INC	5,131,426 (+11.8%)	$6,671 (+15.4%)	1.6%	$1.73	-28.6%	COM	427746102
IART	INTEGRA LIFESCIENCES HLDGS	171,813 (+42.6%)	$2,134 (+23.6%)	0.5%	$16.86	-21.1%	COM NEW	457985208
TXMD	THERAPEUTICSMD INC	350,852 (+1.9%)	$572 (+54.6%)	0.1%	$5.36	-73.0%	COM NEW	88338N206
FIP	FTAI INFRASTRUCTURE INC	259,146 (+10.1%)	$1,195 (+16.4%)	0.3%	$5.83	-15.8%	COMMON STOCK	35953C106
CERT	CERTARA INC	381,552 (+39.7%)	$3,361 (+0.7%)	0.8%	$11.09	-7.1%	COM	15687V109

Exited Positions (14)

— DIVERSIFIED ENERGY COMPANY P 6.4%

Value ($000) $27,360 Shares 1,952,906 Est. Cost $14.60 Unrealized —

ARQT ARCUTIS BIOTHERAPEUTICS INC 2.3%

Value ($000) $9,811 Shares 520,503 Est. Cost $6.57 Unrealized +289.9%

NVDA NVIDIA CORPORATION 2.2%

Value ($000) $9,329 Shares 50,000 Est. Cost — Unrealized —

ROIV ROIVANT SCIENCES LTD 1.8%

Value ($000) $7,657 Shares 506,095 Est. Cost $10.15 Unrealized +94.3%

VAL VALARIS LTD 1.3%

Value ($000) $5,384 Shares 110,392 Est. Cost $55.82 Unrealized -3.8%

REKR REKOR SYSTEMS INC 0.9%

Value ($000) $4,002 Shares 2,548,950 Est. Cost $2.45 Unrealized -16.6%

HAL HALLIBURTON CO 0.8%

Value ($000) $3,305 Shares 134,365 Est. Cost $24.94 Unrealized +5.4%

NXE NEXGEN ENERGY LTD 0.7%

Value ($000) $3,092 Shares 345,425 Est. Cost $6.09 Unrealized +44.9%

RIG TRANSOCEAN LTD 0.7%

Value ($000) $2,774 Shares 889,066 Est. Cost $5.98 Unrealized -35.1%

ZYME ZYMEWORKS INC 0.3%

Value ($000) $1,455 Shares 85,163 Est. Cost $13.61 Unrealized +60.2%

— SCPHARMACEUTICALS INC 0.3%

Value ($000) $1,390 Shares 245,209 Est. Cost $6.10 Unrealized —

AKAM AKAMAI TECHNOLOGIES INC 0.1%

Value ($000) $492 Shares 6,500 Est. Cost $77.08 Unrealized +6.7%

TRVI TREVI THERAPEUTICS INC 0.1%

Value ($000) $340 Shares 37,200 Est. Cost $4.43 Unrealized +160.7%

DTIL PRECISION BIOSCIENCES INC 0.1%

Value ($000) $324 Shares 58,752 Est. Cost $7.60 Unrealized -25.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	DIVERSIFIED ENERGY COMPANY P	1,952,906	$27,360	6.4%	$14.60	—	—	G2891G204
ARQT	ARCUTIS BIOTHERAPEUTICS INC	520,503	$9,811	2.3%	$6.57	+289.9%	—	03969K108
NVDA	NVIDIA CORPORATION	50,000	$9,329	2.2%	—	—	PUT	67066G104
ROIV	ROIVANT SCIENCES LTD	506,095	$7,657	1.8%	$10.15	+94.3%	—	G76279101
VAL	VALARIS LTD	110,392	$5,384	1.3%	$55.82	-3.8%	—	G9460G101
REKR	REKOR SYSTEMS INC	2,548,950	$4,002	0.9%	$2.45	-16.6%	—	759419104
HAL	HALLIBURTON CO	134,365	$3,305	0.8%	$24.94	+5.4%	—	406216101
NXE	NEXGEN ENERGY LTD	345,425	$3,092	0.7%	$6.09	+44.9%	—	65340P106
RIG	TRANSOCEAN LTD	889,066	$2,774	0.7%	$5.98	-35.1%	—	H8817H100
ZYME	ZYMEWORKS INC	85,163	$1,455	0.3%	$13.61	+60.2%	—	98985Y108
—	SCPHARMACEUTICALS INC	245,209	$1,390	0.3%	$6.10	—	—	810648105
AKAM	AKAMAI TECHNOLOGIES INC	6,500	$492	0.1%	$77.08	+6.7%	—	00971T101
TRVI	TREVI THERAPEUTICS INC	37,200	$340	0.1%	$4.43	+160.7%	—	89532M101
DTIL	PRECISION BIOSCIENCES INC	58,752	$324	0.1%	$7.60	-25.3%	—	74019P207

Decreased Positions (8)

NOV NOV INC 1.1%

Value ($000) $4,633 (-47.8%) Shares 296,399 (-55.8%) Est. Cost $17.60 Unrealized -15.7%

FET FORUM ENERGY TECHNOLOGIES 0.3%

Value ($000) $1,101 (-74.1%) Shares 29,793 (-81.3%) Est. Cost $26.73 Unrealized +16.1%

CNR CORE NATURAL RESOURCES INC 1.9%

Value ($000) $8,133 (-23.0%) Shares 91,883 (-27.4%) Est. Cost $79.46 Unrealized +7.2%

NBR NABORS INDUSTRIES LTD 0.3%

Value ($000) $1,463 (-46.8%) Shares 26,941 (-60.0%) Est. Cost $109.99 Unrealized -55.7%

HUM HUMANA INC 0.2%

Value ($000) $994 (-46.9%) Shares 3,880 (-46.1%) Est. Cost $261.21 Unrealized +0.0%

SDGR SCHRODINGER INC 0.5%

Value ($000) $2,176 (-16.4%) Shares 121,697 (-6.2%) Est. Cost $22.81 Unrealized -16.9%

BORR BORR DRILLING LTD 0.9%

Value ($000) $3,733 (-8.6%) Shares 926,398 (-39.0%) Est. Cost $3.88 Unrealized -14.7%

VIR VIR BIOTECHNOLOGY INC 0.3%

Value ($000) $1,394 (-5.0%) Shares 231,246 (-10.0%) Est. Cost $8.29 Unrealized -28.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NOV	NOV INC	296,399 (-55.8%)	$4,633 (-47.8%)	1.1%	$17.60	-15.7%	COM	62955J103
FET	FORUM ENERGY TECHNOLOGIES	29,793 (-81.3%)	$1,101 (-74.1%)	0.3%	$26.73	+16.1%	COM	34984V209
CNR	CORE NATURAL RESOURCES INC	91,883 (-27.4%)	$8,133 (-23.0%)	1.9%	$79.46	+7.2%	COM SHS	218937100
NBR	NABORS INDUSTRIES LTD	26,941 (-60.0%)	$1,463 (-46.8%)	0.3%	$109.99	-55.7%	SHS	G6359F137
HUM	HUMANA INC	3,880 (-46.1%)	$994 (-46.9%)	0.2%	$261.21	+0.0%	COM	444859102
SDGR	SCHRODINGER INC	121,697 (-6.2%)	$2,176 (-16.4%)	0.5%	$22.81	-16.9%	COM	80810D103
BORR	BORR DRILLING LTD	926,398 (-39.0%)	$3,733 (-8.6%)	0.9%	$3.88	-14.7%	SHS	G1466R173
VIR	VIR BIOTECHNOLOGY INC	231,246 (-10.0%)	$1,394 (-5.0%)	0.3%	$8.29	-28.2%	COM	92764N102

Unchanged Positions (3)

NFE NEW FORTRESS ENERGY INC 0.3%

Value ($000) $1,162 Shares 1,019,696 Est. Cost $8.37 Unrealized -82.4%

OPK OPKO HEALTH INC 0.3%

Value ($000) $1,106 Shares 877,941 Est. Cost $1.35 Unrealized +3.0%

OFIX ORTHOFIX MED INC 0.1%

Value ($000) $331 Shares 21,820 Est. Cost $16.79 Unrealized -9.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NFE	NEW FORTRESS ENERGY INC	1,019,696	$1,162	0.3%	$8.37	-82.4%	COM CL A	644393100
OPK	OPKO HEALTH INC	877,941	$1,106	0.3%	$1.35	+3.0%	COM	68375N103
OFIX	ORTHOFIX MED INC	21,820	$331	0.1%	$16.79	-9.1%	COM	68752M108