MARK ASSET MANAGEMENT LP Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	625,000	$426,200	28.2%	—	—	PUT	78462F103
TLT	ISHARES TR	790,000	$68,856	4.6%	—	—	PUT	464287432
TSM	TAIWAN SEMICONDUCTOR MFG	42,231	$12,834	0.9%	$303.89	—	SPONSORED ADS	874039100
CRM	SALESFORCE INC	38,023	$10,073	0.7%	$248.17	0.0%	COM	79466L302
NKE	NIKE INC	107,004	$6,817	0.5%	$64.91	0.0%	CL B	654106103
ISRG	INTUITIVE SURGICAL INC	9,497	$5,379	0.4%	$532.37	0.0%	COM NEW	46120E602
WBD	WARNER BROS DISCOVERY INC	161,599	$4,657	0.3%	$23.37	0.0%	COM SER A	934423104
FLUT	FLUTTER ENTMT PLC	12,200	$2,623	0.2%	$225.86	-0.4%	CALL	G3643J108

Increased Positions (19)

NFLX NETFLIX INC 0.7%

Value ($000) $10,321 (-72.9%) Shares 110,083 (+246.1%) Est. Cost $97.33 Unrealized +10.8%

TSLA TESLA INC 2.4%

Value ($000) $35,978 (+304.5%) Shares 80,000 (+300.0%) Est. Cost $332.91 Unrealized +33.2%

NVDA NVIDIA CORPORATION 3.4%

Value ($000) $51,288 (+83.3%) Shares 275,000 (+83.3%) Est. Cost $100.67 Unrealized +84.9%

META META PLATFORMS INC 5.7%

Value ($000) $85,704 (+30.8%) Shares 129,837 (+45.5%) Est. Cost $346.55 Unrealized +92.6%

FLUT FLUTTER ENTMT PLC 3.4%

Value ($000) $51,881 (+47.8%) Shares 241,260 (+74.6%) Est. Cost $225.86 Unrealized -0.4%

BA BOEING CO 3.0%

Value ($000) $45,725 (+51.8%) Shares 210,597 (+50.9%) Est. Cost $178.29 Unrealized +15.4%

UNP UNION PAC CORP 0.6%

Value ($000) $9,771 (+832.3%) Shares 42,239 (+852.6%) Est. Cost $226.88 Unrealized +0.2%

AMZN AMAZON COM INC 1.2%

Value ($000) $18,466 (+86.9%) Shares 80,000 (+77.8%) Est. Cost $157.40 Unrealized +45.4%

ORCL ORACLE CORP 1.8%

Value ($000) $27,388 (-21.9%) Shares 140,516 (+12.7%) Est. Cost $159.12 Unrealized +49.6%

COF CAPITAL ONE FINL CORP 1.9%

Value ($000) $29,014 (+34.3%) Shares 119,716 (+17.8%) Est. Cost $197.27 Unrealized +12.6%

DIS DISNEY WALT CO 2.1%

Value ($000) $31,837 (+13.2%) Shares 279,834 (+13.9%) Est. Cost $111.00 Unrealized -1.3%

RIOT RIOT PLATFORMS INC 1.2%

Value ($000) $18,160 (+16.8%) Shares 1,433,286 (+75.4%) Est. Cost $13.07 Unrealized +30.9%

MSFT MICROSOFT CORP 3.5%

Value ($000) $52,736 (+3.3%) Shares 109,045 (+10.6%) Est. Cost $257.17 Unrealized +94.6%

TSLA TESLA INC 0.2%

Value ($000) $2,517 (+118.9%) Shares 5,596 (+116.5%) Est. Cost $332.91 Unrealized +33.2%

SPOT SPOTIFY TECHNOLOGY S A 1.0%

Value ($000) $14,764 (-6.9%) Shares 25,424 (+11.9%) Est. Cost $446.55 Unrealized +40.0%

SCHL SCHOLASTIC CORP 0.2%

Value ($000) $3,345 (+44.4%) Shares 112,891 (+33.4%) Est. Cost $25.33 Unrealized +12.3%

SCHW SCHWAB CHARLES CORP 0.5%

Value ($000) $7,573 (+13.3%) Shares 75,795 (+8.3%) Est. Cost $93.05 Unrealized +1.8%

DKNG DRAFTKINGS INC NEW 0.1%

Value ($000) $1,810 (+49.9%) Shares 52,522 (+62.7%) Est. Cost $35.33 Unrealized -6.9%

WYNN WYNN RESORTS LTD 2.1%

Value ($000) $32,106 (-1.2%) Shares 266,817 (+5.3%) Est. Cost $88.01 Unrealized +40.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NFLX	NETFLIX INC	110,083 (+246.1%)	$10,321 (-72.9%)	0.7%	$97.33	+10.8%	COM	64110L106
TSLA	TESLA INC	80,000 (+300.0%)	$35,978 (+304.5%)	2.4%	$332.91	+33.2%	CALL	88160R101
NVDA	NVIDIA CORPORATION	275,000 (+83.3%)	$51,288 (+83.3%)	3.4%	$100.67	+84.9%	CALL	67066G104
META	META PLATFORMS INC	129,837 (+45.5%)	$85,704 (+30.8%)	5.7%	$346.55	+92.6%	CL A	30303M102
FLUT	FLUTTER ENTMT PLC	241,260 (+74.6%)	$51,881 (+47.8%)	3.4%	$225.86	-0.4%	SHS	G3643J108
BA	BOEING CO	210,597 (+50.9%)	$45,725 (+51.8%)	3.0%	$178.29	+15.4%	COM	097023105
UNP	UNION PAC CORP	42,239 (+852.6%)	$9,771 (+832.3%)	0.6%	$226.88	+0.2%	COM	907818108
AMZN	AMAZON COM INC	80,000 (+77.8%)	$18,466 (+86.9%)	1.2%	$157.40	+45.4%	CALL	023135106
ORCL	ORACLE CORP	140,516 (+12.7%)	$27,388 (-21.9%)	1.8%	$159.12	+49.6%	COM	68389X105
COF	CAPITAL ONE FINL CORP	119,716 (+17.8%)	$29,014 (+34.3%)	1.9%	$197.27	+12.6%	COM	14040H105
DIS	DISNEY WALT CO	279,834 (+13.9%)	$31,837 (+13.2%)	2.1%	$111.00	-1.3%	COM	254687106
RIOT	RIOT PLATFORMS INC	1,433,286 (+75.4%)	$18,160 (+16.8%)	1.2%	$13.07	+30.9%	COM	767292105
MSFT	MICROSOFT CORP	109,045 (+10.6%)	$52,736 (+3.3%)	3.5%	$257.17	+94.6%	COM	594918104
TSLA	TESLA INC	5,596 (+116.5%)	$2,517 (+118.9%)	0.2%	$332.91	+33.2%	COM	88160R101
SPOT	SPOTIFY TECHNOLOGY S A	25,424 (+11.9%)	$14,764 (-6.9%)	1.0%	$446.55	+40.0%	SHS	L8681T102
SCHL	SCHOLASTIC CORP	112,891 (+33.4%)	$3,345 (+44.4%)	0.2%	$25.33	+12.3%	COM	807066105
SCHW	SCHWAB CHARLES CORP	75,795 (+8.3%)	$7,573 (+13.3%)	0.5%	$93.05	+1.8%	COM	808513105
DKNG	DRAFTKINGS INC NEW	52,522 (+62.7%)	$1,810 (+49.9%)	0.1%	$35.33	-6.9%	COM CL A	26142V105
WYNN	WYNN RESORTS LTD	266,817 (+5.3%)	$32,106 (-1.2%)	2.1%	$88.01	+40.4%	COM	983134107

Exited Positions (16)

QQQ INVESCO QQQ TR 20.7%

Value ($000) $312,793 Shares 521,000 Est. Cost — Unrealized —

DUOL DUOLINGO INC 1.7%

Value ($000) $26,252 Shares 81,568 Est. Cost $241.01 Unrealized -2.2%

AVGO BROADCOM INC 1.3%

Value ($000) $19,795 Shares 60,000 Est. Cost $305.74 Unrealized +16.8%

GEV GE VERNOVA INC 1.2%

Value ($000) $18,447 Shares 30,000 Est. Cost $250.77 Unrealized +142.9%

SBUX STARBUCKS CORP 1.1%

Value ($000) $17,280 Shares 204,251 Est. Cost $92.70 Unrealized -9.3%

ZS ZSCALER INC 0.9%

Value ($000) $14,181 Shares 47,325 Est. Cost $183.08 Unrealized +54.2%

NWSA NEWS CORP NEW 0.8%

Value ($000) $11,484 Shares 373,952 Est. Cost $29.56 Unrealized -11.3%

BX BLACKSTONE INC 0.8%

Value ($000) $11,361 Shares 66,495 Est. Cost $110.22 Unrealized +37.4%

LVS LAS VEGAS SANDS CORP 0.5%

Value ($000) $6,993 Shares 130,000 Est. Cost $45.44 Unrealized +34.7%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 0.3%

Value ($000) $5,167 Shares 20,000 Est. Cost $236.70 Unrealized +5.3%

ZG ZILLOW GROUP INC 0.1%

Value ($000) $1,861 Shares 25,000 Est. Cost $53.87 Unrealized +30.5%

BATRK ATLANTA BRAVES HLDGS INC 0.1%

Value ($000) $1,838 Shares 44,189 Est. Cost $42.19 Unrealized -6.3%

LQDA LIQUIDIA CORPORATION 0.1%

Value ($000) $995 Shares 43,756 Est. Cost $17.68 Unrealized +61.0%

MLYS MINERALYS THERAPEUTICS INC 0.0%

Value ($000) $738 Shares 19,465 Est. Cost $21.63 Unrealized +85.4%

AMT AMERICAN TOWER CORP NEW 0.0%

Value ($000) $428 Shares 2,228 Est. Cost $189.52 Unrealized -4.9%

BHVN BIOHAVEN LTD 0.0%

Value ($000) $177 Shares 11,787 Est. Cost $17.82 Unrealized -30.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	521,000	$312,793	20.7%	—	—	PUT	46090E103
DUOL	DUOLINGO INC	81,568	$26,252	1.7%	$241.01	-2.2%	—	26603R106
AVGO	BROADCOM INC	60,000	$19,795	1.3%	$305.74	+16.8%	CALL	11135F101
GEV	GE VERNOVA INC	30,000	$18,447	1.2%	$250.77	+142.9%	CALL	36828A101
SBUX	STARBUCKS CORP	204,251	$17,280	1.1%	$92.70	-9.3%	—	855244109
ZS	ZSCALER INC	47,325	$14,181	0.9%	$183.08	+54.2%	—	98980G102
NWSA	NEWS CORP NEW	373,952	$11,484	0.8%	$29.56	-11.3%	—	65249B109
BX	BLACKSTONE INC	66,495	$11,361	0.8%	$110.22	+37.4%	—	09260D107
LVS	LAS VEGAS SANDS CORP	130,000	$6,993	0.5%	$45.44	+34.7%	—	517834107
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	20,000	$5,167	0.3%	$236.70	+5.3%	—	874054109
ZG	ZILLOW GROUP INC	25,000	$1,861	0.1%	$53.87	+30.5%	—	98954M101
BATRK	ATLANTA BRAVES HLDGS INC	44,189	$1,838	0.1%	$42.19	-6.3%	—	047726302
LQDA	LIQUIDIA CORPORATION	43,756	$995	0.1%	$17.68	+61.0%	—	53635D202
MLYS	MINERALYS THERAPEUTICS INC	19,465	$738	0.0%	$21.63	+85.4%	—	603170101
AMT	AMERICAN TOWER CORP NEW	2,228	$428	0.0%	$189.52	-4.9%	—	03027X100
BHVN	BIOHAVEN LTD	11,787	$177	0.0%	$17.82	-30.5%	—	G1110E107

Decreased Positions (15)

PSKY PARAMOUNT SKYDANCE CORP 0.5%

Value ($000) $6,850 (-77.1%) Shares 511,205 (-67.7%) Est. Cost $14.51 Unrealized +7.3%

PINS PINTEREST INC 0.1%

Value ($000) $1,171 (-94.7%) Shares 45,225 (-93.4%) Est. Cost $34.17 Unrealized -15.8%

GOOGL ALPHABET INC 5.2%

Value ($000) $77,927 (+21.9%) Shares 248,967 (-5.3%) Est. Cost $150.52 Unrealized +89.7%

ARM ARM HOLDINGS PLC 2.1%

Value ($000) $31,024 (-26.5%) Shares 283,817 (-4.8%) Est. Cost $121.12 Unrealized —

GE GE AEROSPACE 0.8%

Value ($000) $12,428 (-46.0%) Shares 40,347 (-47.2%) Est. Cost $73.12 Unrealized +311.4%

AAPL APPLE INC 1.8%

Value ($000) $27,074 (-26.0%) Shares 99,588 (-30.7%) Est. Cost $144.64 Unrealized +85.5%

GEV GE VERNOVA INC 2.6%

Value ($000) $38,632 (-12.7%) Shares 59,109 (-17.9%) Est. Cost $250.77 Unrealized +142.9%

WFC WELLS FARGO CO NEW 0.7%

Value ($000) $11,061 (-23.6%) Shares 118,683 (-31.3%) Est. Cost $55.98 Unrealized +54.8%

RTX RTX CORPORATION 2.7%

Value ($000) $40,860 (+6.5%) Shares 222,794 (-2.9%) Est. Cost $99.52 Unrealized +74.2%

NVDA NVIDIA CORPORATION 5.6%

Value ($000) $84,657 (-2.8%) Shares 453,926 (-2.8%) Est. Cost $100.67 Unrealized +84.9%

AVGO BROADCOM INC 0.2%

Value ($000) $3,034 (-24.3%) Shares 8,766 (-27.9%) Est. Cost $305.74 Unrealized +16.8%

AMZN AMAZON COM INC 3.7%

Value ($000) $56,436 (-1.6%) Shares 244,503 (-6.4%) Est. Cost $157.40 Unrealized +45.4%

HUT HUT 8 CORP 0.4%

Value ($000) $5,541 (-12.0%) Shares 120,607 (-33.4%) Est. Cost $25.41 Unrealized +73.4%

ASML ASML HOLDING N V 1.1%

Value ($000) $16,882 (+3.6%) Shares 15,780 (-6.3%) Est. Cost $723.96 Unrealized —

CHYM CHIME FINL INC 0.5%

Value ($000) $7,777 (+5.9%) Shares 308,983 (-15.1%) Est. Cost $31.30 Unrealized -32.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PSKY	PARAMOUNT SKYDANCE CORP	511,205 (-67.7%)	$6,850 (-77.1%)	0.5%	$14.51	+7.3%	COM CL B	69932A204
PINS	PINTEREST INC	45,225 (-93.4%)	$1,171 (-94.7%)	0.1%	$34.17	-15.8%	CL A	72352L106
GOOGL	ALPHABET INC	248,967 (-5.3%)	$77,927 (+21.9%)	5.2%	$150.52	+89.7%	CAP STK CL A	02079K305
ARM	ARM HOLDINGS PLC	283,817 (-4.8%)	$31,024 (-26.5%)	2.1%	$121.12	—	SPONSORED ADS	042068205
GE	GE AEROSPACE	40,347 (-47.2%)	$12,428 (-46.0%)	0.8%	$73.12	+311.4%	COM NEW	369604301
AAPL	APPLE INC	99,588 (-30.7%)	$27,074 (-26.0%)	1.8%	$144.64	+85.5%	COM	037833100
GEV	GE VERNOVA INC	59,109 (-17.9%)	$38,632 (-12.7%)	2.6%	$250.77	+142.9%	COM	36828A101
WFC	WELLS FARGO CO NEW	118,683 (-31.3%)	$11,061 (-23.6%)	0.7%	$55.98	+54.8%	COM	949746101
RTX	RTX CORPORATION	222,794 (-2.9%)	$40,860 (+6.5%)	2.7%	$99.52	+74.2%	COM	75513E101
NVDA	NVIDIA CORPORATION	453,926 (-2.8%)	$84,657 (-2.8%)	5.6%	$100.67	+84.9%	COM	67066G104
AVGO	BROADCOM INC	8,766 (-27.9%)	$3,034 (-24.3%)	0.2%	$305.74	+16.8%	COM	11135F101
AMZN	AMAZON COM INC	244,503 (-6.4%)	$56,436 (-1.6%)	3.7%	$157.40	+45.4%	COM	023135106
HUT	HUT 8 CORP	120,607 (-33.4%)	$5,541 (-12.0%)	0.4%	$25.41	+73.4%	COM	44812J104
ASML	ASML HOLDING N V	15,780 (-6.3%)	$16,882 (+3.6%)	1.1%	$723.96	—	N Y REGISTRY SHS	N07059210
CHYM	CHIME FINL INC	308,983 (-15.1%)	$7,777 (+5.9%)	0.5%	$31.30	-32.1%	COM SHS CL A	16935C109

Unchanged Positions (5)

GOOGL ALPHABET INC 0.4%

Value ($000) $6,260 Shares 20,000 Est. Cost $150.52 Unrealized +89.7%

GOOG ALPHABET INC 0.3%

Value ($000) $4,142 Shares 13,199 Est. Cost $119.23 Unrealized +140.1%

DIS DISNEY WALT CO 0.5%

Value ($000) $6,826 Shares 60,000 Est. Cost $111.00 Unrealized -1.3%

SPG SIMON PPTY GROUP INC NEW 0.1%

Value ($000) $1,508 Shares 8,148 Est. Cost $166.88 Unrealized +7.9%

MLM MARTIN MARIETTA MATLS INC 0.1%

Value ($000) $1,227 Shares 1,970 Est. Cost $505.20 Unrealized +23.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	20,000	$6,260	0.4%	$150.52	+89.7%	CALL	02079K305
GOOG	ALPHABET INC	13,199	$4,142	0.3%	$119.23	+140.1%	CAP STK CL C	02079K107
DIS	DISNEY WALT CO	60,000	$6,826	0.5%	$111.00	-1.3%	CALL	254687106
SPG	SIMON PPTY GROUP INC NEW	8,148	$1,508	0.1%	$166.88	+7.9%	COM	828806109
MLM	MARTIN MARIETTA MATLS INC	1,970	$1,227	0.1%	$505.20	+23.0%	COM	573284106