Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ASND	ASCENDIS PHARMA A/S	100,000	$22,873	20.2%	$0.23	—	SPONSORED ADR	K08588103
CCL	CARNIVAL CORP	400,000	$10,352	9.1%	$0.03	—	COMMON STOCK	G2004J103
—	ASCENDIS PHARMA A/S	41,000	$9,378	8.3%	—	—	CALL	04351P901
KKR	KKR & CO INC	61,000	$5,643	5.0%	$114.76	0.0%	COM	48251W104
AMZN	AMAZON COM INC	15,384	$3,204	2.8%	$226.83	0.0%	COM	023135106
HQWWW	HORIZON QUANTUM HOLDINGS LTD	198,133	$406	0.4%	$0.00	—	*W EXP 03/17/203	Y4000A128
NUCLW	EAGLE NUCLEAR ENERGY CORP	151,370	$210	0.2%	$0.00	—	*W EXP 02/25/203	269710117

Increased Positions (5)

ENVA ENOVA INTL INC 11.2%

Value $12,726 (-99.9%) Shares 93,690 (+9.9%) Est. Cost $112.78 Unrealized +38.3%

SPY STATE STR SPDR S&P 500 ETF T 11.5%

Value $13,007 (-99.9%) Shares 20,000 (+36.4%) Est. Cost $499.97 Unrealized —

FBRT FRANKLIN BSP RLTY TR INC 3.0%

Value $3,380 (-99.9%) Shares 398,078 (+32.1%) Est. Cost $7.60 Unrealized —

PGY PAGAYA TECHNOLOGIES LTD 5.5%

Value $6,262 (-99.8%) Shares 537,551 (+324.8%) Est. Cost $20.17 Unrealized -8.1%

BX BLACKSTONE INC 6.2%

Value $7,014 (-99.6%) Shares 61,000 (+378.7%) Est. Cost $143.09 Unrealized -1.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ENVA	ENOVA INTL INC	93,690 (+9.9%)	$12,726 (-99.9%)	11.2%	$112.78	+38.3%	COM	29357K103
SPY	STATE STR SPDR S&P 500 ETF T	20,000 (+36.4%)	$13,007 (-99.9%)	11.5%	$499.97	—	TR UNIT	78462F103
FBRT	FRANKLIN BSP RLTY TR INC	398,078 (+32.1%)	$3,380 (-99.9%)	3.0%	$7.60	—	COMMON STOCK	35243J101
PGY	PAGAYA TECHNOLOGIES LTD	537,551 (+324.8%)	$6,262 (-99.8%)	5.5%	$20.17	-8.1%	CL A NEW	M7S64L123
BX	BLACKSTONE INC	61,000 (+378.7%)	$7,014 (-99.6%)	6.2%	$143.09	-1.5%	COM	09260D107

Exited Positions (6)

ASND ASCENDIS PHARMA A/S 35733.1%

Value $40.52M Shares 190,000 Est. Cost $123.51 Unrealized —

CCL CARNIVAL CORP 1742.7%

Value $1.976M Shares 64,695 Est. Cost $27.88 Unrealized +11.3%

RCL ROYAL CARIBBEAN GROUP 1537.2%

Value $1.743M Shares 6,250 Est. Cost $255.68 Unrealized +20.8%

BRSP BRIGHTSPIRE CAPITAL INC 456.9%

Value $518K Shares 92,588 Est. Cost $5.59 Unrealized —

BSLKW BOLT PROJS HLDGS INC 1.8%

Value $2,000 Shares 106,937 Est. Cost $0.06 Unrealized —

CRPWF CARBON REVOLUTION LTD 0.9%

Value $1,000 Shares 105,521 Est. Cost $0.06 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ASND	ASCENDIS PHARMA A/S	190,000	$40.52M	35733.1%	$123.51	—	—	04351P101
CCL	CARNIVAL CORP	64,695	$1.976M	1742.7%	$27.88	+11.3%	—	143658300
RCL	ROYAL CARIBBEAN GROUP	6,250	$1.743M	1537.2%	$255.68	+20.8%	—	V7780T103
BRSP	BRIGHTSPIRE CAPITAL INC	92,588	$518K	456.9%	$5.59	—	—	10949T109
BSLKW	BOLT PROJS HLDGS INC	106,937	$2,000	1.8%	$0.06	—	—	09769B115
CRPWF	CARBON REVOLUTION LTD	105,521	$1,000	0.9%	$0.06	—	—	G1893D110

Decreased Positions (7)

NCLH NORWEGIAN CRUISE LINE HLDGS 2.0%

Value $2,279 (-100.0%) Shares 121,885 (-54.9%) Est. Cost $21.11 Unrealized +8.3%

TRTX TPG RE FIN TR INC 4.1%

Value $4,607 (-99.9%) Shares 589,903 (-6.2%) Est. Cost $7.88 Unrealized —

HLF HERBALIFE LTD 3.4%

Value $3,839 (-99.9%) Shares 260,790 (-32.9%) Est. Cost $7.39 Unrealized +125.4%

NUAIW NEW ERA ENERGY & DIGITAL INC 0.1%

Value $117 (-99.8%) Shares 64,500 (-14.0%) Est. Cost $0.48 Unrealized —

FLYX/WS FLYEXCLUSIVE INC 0.0%

Value $24 (-99.9%) Shares 99,600 (-11.9%) Est. Cost $0.18 Unrealized —

NAMMW NAMIB MINERALS 0.0%

Value $45 (-99.8%) Shares 333,060 (-7.0%) Est. Cost $0.20 Unrealized —

BNAIW BRAND ENGAGEMENT NETWORK INC 0.0%

Value $44 (-99.5%) Shares 169,164 (-12.9%) Est. Cost $0.06 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NCLH	NORWEGIAN CRUISE LINE HLDGS	121,885 (-54.9%)	$2,279 (-100.0%)	2.0%	$21.11	+8.3%	SHS	G66721104
TRTX	TPG RE FIN TR INC	589,903 (-6.2%)	$4,607 (-99.9%)	4.1%	$7.88	—	COM	87266M107
HLF	HERBALIFE LTD	260,790 (-32.9%)	$3,839 (-99.9%)	3.4%	$7.39	+125.4%	COM SHS	G4412G101
NUAIW	NEW ERA ENERGY & DIGITAL INC	64,500 (-14.0%)	$117 (-99.8%)	0.1%	$0.48	—	*W EXP 12/06/202	64428N117
FLYX/WS	FLYEXCLUSIVE INC	99,600 (-11.9%)	$24 (-99.9%)	0.0%	$0.18	—	*W EXP 99/99/999	343928115
NAMMW	NAMIB MINERALS	333,060 (-7.0%)	$45 (-99.8%)	0.0%	$0.20	—	*W EXP 06/05/203	G63638111
BNAIW	BRAND ENGAGEMENT NETWORK INC	169,164 (-12.9%)	$44 (-99.5%)	0.0%	$0.06	—	*W EXP 03/14/202	104932116

Unchanged Positions (30)

TDG TRANSDIGM GROUP INC 6.4%

Value $7,274 Shares 6,276 Est. Cost $1229.53 Unrealized +10.7%

GPMT GRANITE PT MTG TR INC 0.2%

Value $266 Shares 183,717 Est. Cost $2.40 Unrealized —

BZAIW BLAIZE HLDGS INC 0.1%

Value $57 Shares 150,000 Est. Cost $0.19 Unrealized —

FBYDW FALCONS BEYOND GLOBAL INC 0.0%

Value $47 Shares 25,000 Est. Cost $0.91 Unrealized —

MDAIW SPECTRAL AI INC 0.0%

Value $56 Shares 99,670 Est. Cost $0.13 Unrealized —

RDZNW ROADZEN INC 0.0%

Value $17 Shares 150,816 Est. Cost $0.03 Unrealized —

CLSKW CLEANSPARK INC 0.0%

Value $25 Shares 100,000 Est. Cost $0.72 Unrealized —

CNCKW COINCHECK GROUP NV 0.0%

Value $15 Shares 89,237 Est. Cost $1.87 Unrealized —

FLDDW FOLD HLDGS INC 0.0%

Value $22 Shares 203,778 Est. Cost $0.74 Unrealized —

RAINW RAIN ENHANCEMENT TECHNOLOGIE 0.0%

Value $18 Shares 85,137 Est. Cost $0.08 Unrealized —

AISPW AIRSHIP AI HLDGS INC 0.0%

Value $18 Shares 25,090 Est. Cost $2.05 Unrealized —

MNYWW MONEYHERO LIMITED 0.0%

Value $40 Shares 470,085 Est. Cost $0.07 Unrealized —

SLND/WS SOUTHLAND HLDGS INC 0.0%

Value $6 Shares 163,529 Est. Cost $0.79 Unrealized —

SCAGW SCAGE FUTURE 0.0%

Value $10 Shares 211,287 Est. Cost — Unrealized —

RZLVW REZOLVE AI PLC 0.0%

Value $12 Shares 13,356 Est. Cost $0.24 Unrealized —

FUSEW FUSEMACHINES INC 0.0%

Value $13 Shares 179,614 Est. Cost $0.06 Unrealized —

GRRRW GORILLA TECHNOLOGY GROUP INC 0.0%

Value $13 Shares 43,676 Est. Cost — Unrealized —

BRLSW BOREALIS FOODS INC 0.0%

Value $17 Shares 224,685 Est. Cost $0.14 Unrealized —

NVNIW NVNI GROUP LIMITED 0.0%

Value $8 Shares 130,872 Est. Cost $0.04 Unrealized —

PSQH/WS PSQ HOLDINGS INC 0.0%

Value $3 Shares 60,000 Est. Cost $0.80 Unrealized —

TVGNW TEVOGEN BIO HLDGS INC 0.0%

Value $4 Shares 132,146 Est. Cost $0.08 Unrealized —

MRNOW MURANO GLOBAL INVTS PLC 0.0%

Value $9 Shares 218,153 Est. Cost $0.11 Unrealized —

WGSWW GENEDX HOLDINGS CORP 0.0%

Value $1 Shares 111,701 Est. Cost $0.15 Unrealized —

DAICW CID HOLDCO INC 0.0%

Value $2 Shares 59,602 Est. Cost $0.08 Unrealized —

AMODW ALPHA MODUS HLDGS INC 0.0%

Value $4 Shares 99,534 Est. Cost $0.08 Unrealized —

COCHW ENVOY MEDICAL INC 0.0%

Value $9 Shares 129,120 Est. Cost $0.02 Unrealized —

BDMDW BAIRD MED INVT HLDGS LTD 0.0%

Value $6 Shares 72,992 Est. Cost $0.21 Unrealized —

TBLAW TABOOLA.COM LTD 0.0%

Value $0 Shares 46,078 Est. Cost $0.34 Unrealized —

ECXWW ECARX HOLDINGS INC 0.0%

Value $1 Shares 19,614 Est. Cost $0.10 Unrealized —

LNZAW LANZATECH GLOBAL INC 0.0%

Value $2 Shares 106,974 Est. Cost $0.30 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TDG	TRANSDIGM GROUP INC	6,276	$7,274	6.4%	$1229.53	+10.7%	COM	893641100
GPMT	GRANITE PT MTG TR INC	183,717	$266	0.2%	$2.40	—	COM STK	38741L107
BZAIW	BLAIZE HLDGS INC	150,000	$57	0.1%	$0.19	—	*W EXP 01/13/203	092915115
FBYDW	FALCONS BEYOND GLOBAL INC	25,000	$47	0.0%	$0.91	—	*W EXP 10/06/202	306121112
MDAIW	SPECTRAL AI INC	99,670	$56	0.0%	$0.13	—	*W EXP 09/11/202	84757T113
RDZNW	ROADZEN INC	150,816	$17	0.0%	$0.03	—	*W EXP 11/30/202	G7606H116
CLSKW	CLEANSPARK INC	100,000	$25	0.0%	$0.72	—	*W EXP 12/29/202	18452B118
CNCKW	COINCHECK GROUP NV	89,237	$15	0.0%	$1.87	—	*W EXP 12/11/202	N20967100
FLDDW	FOLD HLDGS INC	203,778	$22	0.0%	$0.74	—	*W EXP 02/14/203	29103K118
RAINW	RAIN ENHANCEMENT TECHNOLOGIE	85,137	$18	0.0%	$0.08	—	*W EXP 12/31/202	75080J111
AISPW	AIRSHIP AI HLDGS INC	25,090	$18	0.0%	$2.05	—	*W EXP 12/21/202	008940116
MNYWW	MONEYHERO LIMITED	470,085	$40	0.0%	$0.07	—	*W EXP 09/13/202	G6202B119
SLND/WS	SOUTHLAND HLDGS INC	163,529	$6	0.0%	$0.79	—	*W EXP 02/14/202	84445C118
SCAGW	SCAGE FUTURE	211,287	$10	0.0%	—	—	*W EXP 05/15/203	G7840J118
RZLVW	REZOLVE AI PLC	13,356	$12	0.0%	$0.24	—	*W EXP 08/15/202	G75398118
FUSEW	FUSEMACHINES INC	179,614	$13	0.0%	$0.06	—	*W EXP 10/22/203	36118R111
GRRRW	GORILLA TECHNOLOGY GROUP INC	43,676	$13	0.0%	—	—	*W EXP 99/99/999	G4000K118
BRLSW	BOREALIS FOODS INC	224,685	$17	0.0%	$0.14	—	*W EXP 02/07/202	09973D113
NVNIW	NVNI GROUP LIMITED	130,872	$8	0.0%	$0.04	—	*W EXP 11/01/202	G50716110
PSQH/WS	PSQ HOLDINGS INC	60,000	$3	0.0%	$0.80	—	*W EXP 07/19/202	693691115
TVGNW	TEVOGEN BIO HLDGS INC	132,146	$4	0.0%	$0.08	—	*W EXP 02/14/202	88165K119
MRNOW	MURANO GLOBAL INVTS PLC	218,153	$9	0.0%	$0.11	—	*W EXP 03/19/202	G63369113
WGSWW	GENEDX HOLDINGS CORP	111,701	$1	0.0%	$0.15	—	*W EXP 07/22/202	81663L119
DAICW	CID HOLDCO INC	59,602	$2	0.0%	$0.08	—	*W EXP 12/31/202	171756117
AMODW	ALPHA MODUS HLDGS INC	99,534	$4	0.0%	$0.08	—	*W EXP 12/13/202	020952115
COCHW	ENVOY MEDICAL INC	129,120	$9	0.0%	$0.02	—	*W EXP 09/29/202	29415V117
BDMDW	BAIRD MED INVT HLDGS LTD	72,992	$6	0.0%	$0.21	—	*W EXP 10/01/202	G0705H111
TBLAW	TABOOLA.COM LTD	46,078	$0	0.0%	$0.34	—	*W EXP 99/99/999	M8744T114
ECXWW	ECARX HOLDINGS INC	19,614	$1	0.0%	$0.10	—	*W EXP 99/99/999	G29201111
LNZAW	LANZATECH GLOBAL INC	106,974	$2	0.0%	$0.30	—	*W EXP 01/01/202	51655R119