Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	39,500	$29.09M	2.5%	$736.40	—	CALL	46090E103
EC	ECOPETROL S A	1,930,200	$27.49M	2.3%	$14.59	—	CALL	279158109
META	META PLATFORMS INC	48,500	$27.32M	2.3%	$563.29	—	CALL	30303M102
INTC	INTEL CORP	130,000	$18.15M	1.5%	$139.63	—	PUT	458140100
SPCX	SPACE EXPLORATION TECHN CORP	75,000	$12.81M	1.1%	$170.86	—	PUT	84615Q103
QQQ	INVESCO QQQ TR	15,000	$11.05M	0.9%	$736.40	—	UNIT SER 1	46090E103
YPF	YPF SOCIEDAD ANONIMA	200,000	$9.094M	0.8%	$45.47	—	PUT	984245100
YPF	YPF SOCIEDAD ANONIMA	200,000	$9.094M	0.8%	$45.47	—	CALL	984245100
META	META PLATFORMS INC	16,000	$9.013M	0.8%	$563.29	—	PUT	30303M102
SPCX	SPACE EXPLORATION TECHN CORP	51,707	$8.835M	0.7%	$170.86	—	CLASS A COM STK	84615Q103
EC	ECOPETROL S A	600,000	$8.544M	0.7%	$14.59	—	PUT	279158109
GEV	GE VERNOVA INC	7,160	$8.412M	0.7%	$1174.86	—	COM	36828A101
INTC	INTEL CORP	50,000	$6.981M	0.6%	$139.63	—	COM	458140100
SPCX	SPACE EXPLORATION TECHN CORP	35,000	$5.98M	0.5%	$170.86	—	CALL	84615Q103
BABA	ALIBABA GROUP HLDG LTD	60,000	$5.759M	0.5%	$95.98	—	PUT	01609W102
IGV	ISHARES TR	62,900	$5.699M	0.5%	$90.60	—	CALL	464287515
CDNS	CADENCE DESIGN SYSTEM INC	15,100	$5.667M	0.5%	—	—	PUT	127387108
QCOM	QUALCOMM INC	30,015	$5.546M	0.5%	$184.79	—	COM	747525103
FCX	FREEPORT MCMORAN INC	85,000	$5.346M	0.5%	$62.89	—	CL B	35671D857
IGV	ISHARES TR	50,000	$4.53M	0.4%	$90.60	—	EXPANDED TECH	464287515
PSUS	PERSHING SQUARE USA LTD	92,625	$3.462M	0.3%	$37.38	—	COM SHS	71531T105
MAGS	LISTED FDS TR	50,000	$3.215M	0.3%	—	—	CALL	53656G498
GDX	VANECK ETF TRUST	40,000	$3.018M	0.3%	$75.45	—	GOLD MINERS ETF	92189F106
CBRE	CBRE GROUP INC	19,500	$2.626M	0.2%	—	—	CALL	12504L109
INTR	INTER & CO INC	439,845	$2.388M	0.2%	$5.43	—	CLASS A COM	G4R20B107
INTC	INTEL CORP	15,000	$2.094M	0.2%	$139.63	—	CALL	458140100
CEPU	CENTRAL PUERTO S A	135,312	$2.011M	0.2%	$14.86	—	SPONSORED ADR	155038201
STX	SEAGATE TECHNOLOGY HLDNGS PL	2,000	$1.93M	0.2%	—	—	PUT	G7997R103
CDNS	CADENCE DESIGN SYSTEM INC	5,000	$1.877M	0.2%	—	—	CALL	127387108
COLO	GLOBAL X FDS	43,600	$1.816M	0.2%	$41.65	—	CALL	37954Y327
LH	LABCORP HOLDINGS INC	4,800	$1.784M	0.2%	—	—	CALL	504922105
TMUS	T-MOBILE US INC	10,000	$1.677M	0.1%	—	—	CALL	872590104
XP	XP INC	100,180	$1.629M	0.1%	$16.26	—	CL A	G98239109
TMUS	T-MOBILE US INC	9,500	$1.593M	0.1%	—	—	PUT	872590104
KKR	KKR & CO INC	16,600	$1.524M	0.1%	$99.22	—	PUT	48251W104
REMX	VANECK ETF TRUST	16,236	$1.437M	0.1%	$88.50	—	RARE EAR STR ETF	92189H805
SRE	SEMPRA	15,000	$1.391M	0.1%	—	—	CALL	816851109
PLTR	PALANTIR TECHNOLOGIES INC	8,675	$1.012M	0.1%	$116.67	—	CL A	69608A108
DKNG	DRAFTKINGS INC NEW	40,000	$1.01M	0.1%	$25.26	—	COM CL A	26142V105
TBBB	BBB FOODS INC	24,000	$1M	0.1%	$41.67	—	CL A COM	G0896C103
FIX	COMFORT SYS USA INC	500	$991K	0.1%	$1981.95	—	PUT	199908104
ORLY	OREILLY AUTOMOTIVE INC	10,000	$921K	0.1%	$92.09	—	PUT	67103H107
KKR	KKR & CO INC	10,000	$918K	0.1%	$99.22	—	CALL	48251W104
SGOL	ETFS GOLD TR	23,760	$908K	0.1%	$38.23	—	PHYSCL GOLD SHS	00326A104
SIVR	ABRDN SILVER ETF TRUST	15,543	$874K	0.1%	$56.22	—	PHYSCL SILVR SHS	003264108
IBKR	INTERACTIVE BROKERS GROUP IN	10,000	$870K	0.1%	—	—	CALL	45841N107
C	CITIGROUP INC	6,000	$840K	0.1%	—	—	CALL	172967424
VWO	VANGUARD INTL EQUITY INDEX F	13,946	$832K	0.1%	$59.69	—	FTSE EMR MKT ETF	922042858
NBIS	NEBIUS GROUP N.V.	2,820	$779K	0.1%	$276.17	—	SHS CLASS A	N97284108
MCK	MCKESSON CORP	1,000	$756K	0.1%	$755.60	—	PUT	58155Q103
IBIT	ISHARES BITCOIN TRUST ETF	19,500	$649K	0.1%	$39.31	—	PUT	46438F101
PS	PERSHING SQUARE INC	18,525	$609K	0.1%	$32.86	—	COMMON STOCK	71531U102
WYNN	WYNN RESORTS LTD	6,028	$585K	0.0%	$97.09	—	COM	983134107
GOOGL	ALPHABET INC	1,500	$536K	0.0%	—	—	CALL	02079K305
TDG	TRANSDIGM GROUP INC	383	$510K	0.0%	$1332.04	—	COM	893641100
FIX	COMFORT SYS USA INC	251	$497K	0.0%	$1981.95	—	COM	199908104
ACWI	ISHARES TR	2,978	$467K	0.0%	$156.97	—	MSCI ACWI ETF	464288257
BAC	BANK OF AMER CORP	8,000	$456K	0.0%	$56.98	—	PUT	060505104
GOOG	ALPHABET INC	1,284	$454K	0.0%	$353.33	—	CAP STK CL C	02079K107
TRMB	TRIMBLE INC	8,000	$409K	0.0%	—	—	CALL	896239100
CBRE	CBRE GROUP INC	3,000	$404K	0.0%	—	—	PUT	12504L109
PAYX	PAYCHEX INC	4,000	$393K	0.0%	—	—	PUT	704326107
MCK	MCKESSON CORP	510	$385K	0.0%	$755.60	—	COM	58155Q103
ISRG	INTUITIVE SURGICAL INC	866	$344K	0.0%	$397.68	—	COM NEW	46120E602
YPF	YPF SOCIEDAD ANONIMA	7,433	$338K	0.0%	$45.47	—	SPON ADR CL D	984245100
SGI	SOMNIGROUP INTERNATIONAL INC	4,199	$329K	0.0%	$78.40	—	COM	88023U101
SHAZ	SHARONAI HOLDINGS INC	3,814	$323K	0.0%	$84.66	—	COM CL A	778920306
EA	ELECTRONIC ARTS INC	1,500	$308K	0.0%	$205.04	—	COM	285512109
ETHA	ISHARES ETHEREUM TR	25,834	$307K	0.0%	$11.89	—	SHS	46438R105
SPGI	S&P GLOBAL INC	743	$303K	0.0%	$407.26	—	COM	78409V104
ORLY	OREILLY AUTOMOTIVE INC	3,281	$302K	0.0%	$92.09	—	COM	67103H107
LH	LABCORP HOLDINGS INC	800	$297K	0.0%	—	—	PUT	504922105
GM	GENERAL MTRS CO	3,700	$285K	0.0%	$77.08	—	COM	37045V100
F	FORD MTR CO	20,300	$282K	0.0%	$13.90	—	COM	345370860
HD	HOME DEPOT INC	767	$271K	0.0%	$352.68	—	COM	437076102
GWRE	GUIDEWIRE SOFTWARE INC	2,195	$270K	0.0%	$123.05	—	COM	40171V100
JPM	JPMORGAN CHASE & CO	762	$249K	0.0%	$327.33	—	COM	46625H100
LLY	ELI LILLY & CO	207	$248K	0.0%	$1199.43	—	COM	532457108
PANW	PALO ALTO NETWORKS INC	725	$247K	0.0%	$341.02	—	COM	697435105
MCO	MOODYS CORP	531	$241K	0.0%	$452.92	—	COM	615369105
DHR	DANAHER CORP DEL	1,262	$240K	0.0%	$190.48	—	COM	235851102
SOXX	ISHARES TR	375	$240K	0.0%	$640.76	—	ISHARES SEMICDTR	464287523
CPNG	COUPANG INC	13,711	$238K	0.0%	$17.37	—	CL A	22266T109
SCHW	SCHWAB CHARLES CORP	2,397	$221K	0.0%	$92.27	—	COM	808513105
VEEV	VEEVA SYS INC	1,244	$221K	0.0%	$177.47	—	CL A COM	922475108
CRM	SALESFORCE INC	1,389	$218K	0.0%	$156.66	—	COM	79466L302
META	META PLATFORMS INC	381	$215K	0.0%	$563.29	—	CL A	30303M102
SLV	ISHARES SILVER TR	4,000	$214K	0.0%	—	—	PUT	46428Q109
FWONK	LIBERTY MEDIA CORP DEL	2,224	$212K	0.0%	$95.14	—	COM LBTY ONE S C	531229755
BAC	BANK OF AMER CORP	3,643	$208K	0.0%	$56.98	—	COM	060505104
CIB	GRUPO CIBEST SA	2,600	$207K	0.0%	$77.73	—	CALL	40090E106
ARES	ARES MANAGEMENT CORPORATION	1,801	$200K	0.0%	$111.31	—	CL A COM STK	03990B101
COLO	GLOBAL X FDS	2,700	$112K	0.0%	$41.65	—	GLBX MSCI COLUM	37954Y327
BABA	ALIBABA GROUP HLDG LTD	518	$49,718	0.0%	$95.98	—	SPONSORED ADS	01609W102
DEFT	DEFI TECHNOLOGIES INC	11,516	$5,922	0.0%	$0.51	—	COM	244916102

Increased Positions (45)

SPY STATE STR SPDR S&P 500 ETF T 5.9%

Value $69.9M (+53.5%) Shares 93,600 (+33.7%) Est. Cost $674.23 Unrealized —

CIB GRUPO CIBEST SA 2.2%

Value $25.68M (+323.9%) Shares 323,276 (+288.5%) Est. Cost $77.73 Unrealized —

RIO RIO TINTO PLC 1.4%

Value $16.19M (+2891.5%) Shares 170,511 (+2839.8%) Est. Cost $94.87 Unrealized —

IWM ISHARES TR 4.1%

Value $48.07M (+38.5%) Shares 160,000 (+14.3%) Est. Cost $254.56 Unrealized —

TSLA TESLA INC 2.7%

Value $32.4M (+67.4%) Shares 77,042 (+48.0%) Est. Cost $424.24 Unrealized —

VOO VANGUARD INDEX FDS 4.1%

Value $48.71M (+36.0%) Shares 70,918 (+18.3%) Est. Cost $611.35 Unrealized —

SMH VANECK ETF TRUST 1.1%

Value $12.86M (+640.7%) Shares 19,609 (+333.0%) Est. Cost $592.95 Unrealized —

NVDA NVIDIA CORPORATION 1.5%

Value $18.01M (+143.0%) Shares 90,000 (+111.8%) Est. Cost $178.56 Unrealized —

AAPL APPLE INC 0.9%

Value $10.71M (+1797.0%) Shares 37,004 (+1563.8%) Est. Cost $287.76 Unrealized —

EWZ ISHARES INC 3.2%

Value $38.47M (+33.4%) Shares 1,115,073 (+48.5%) Est. Cost $36.06 Unrealized —

NU NU HLDGS LTD 1.1%

Value $12.56M (+263.0%) Shares 939,839 (+290.4%) Est. Cost $13.51 Unrealized —

EWW ISHARES INC 3.9%

Value $46M (+19.6%) Shares 611,127 (+19.6%) Est. Cost $75.24 Unrealized —

XLE SELECT SECTOR SPDR TR 1.9%

Value $22.9M (+46.3%) Shares 431,202 (+68.8%) Est. Cost $57.94 Unrealized —

EWZ ISHARES INC 7.6%

Value $89.55M (+8.7%) Shares 2,595,600 (+21.0%) Est. Cost $36.06 Unrealized —

WMT WALMART INC 1.2%

Value $14.55M (+41.1%) Shares 128,500 (+54.8%) Est. Cost $118.93 Unrealized —

ENIC ENEL CHILE SA 0.4%

Value $5.124M (+311.6%) Shares 1,138,705 (+260.3%) Est. Cost $4.37 Unrealized —

UBER UBER TECHNOLOGIES INC 0.3%

Value $4.048M (+1122.2%) Shares 56,103 (+1118.3%) Est. Cost $72.51 Unrealized —

HYG ISHARES TR 5.1%

Value $60.09M (+5.9%) Shares 751,373 (+5.4%) Est. Cost $79.58 Unrealized —

EC ECOPETROL S A 0.5%

Value $5.735M (+105.8%) Shares 402,757 (+116.6%) Est. Cost $14.59 Unrealized —

JBBB JANUS DETROIT STR TR 1.1%

Value $12.54M (+24.6%) Shares 264,830 (+22.7%) Est. Cost $46.74 Unrealized —

IBIT ISHARES BITCOIN TRUST ETF 0.2%

Value $2.72M (+315.3%) Shares 81,705 (+379.3%) Est. Cost $39.31 Unrealized —

NVDA NVIDIA CORPORATION 0.3%

Value $2.975M (+199.4%) Shares 14,867 (+161.0%) Est. Cost $178.56 Unrealized —

AAPL APPLE INC 0.2%

Value $2.894M (+185.0%) Shares 10,000 (+150.0%) Est. Cost $287.76 Unrealized —

GGAL GRUPO FINANCIERO GALICIA S.A 0.2%

Value $2.016M (+723.6%) Shares 40,294 (+669.0%) Est. Cost $50.54 Unrealized —

LQD ISHARES TR 0.1%

Value $1.652M (+447.7%) Shares 15,144 (+447.3%) Est. Cost $109.06 Unrealized —

OUNZ VANECK MERK GOLD ETF 0.2%

Value $2.539M (+102.8%) Shares 65,795 (+136.7%) Est. Cost $41.32 Unrealized —

QQQI NEOS ETF TRUST 0.2%

Value $2.491M (+75.1%) Shares 43,865 (+53.2%) Est. Cost $52.16 Unrealized —

NLR VANECK ETF TRUST 0.1%

Value $1.383M (+279.3%) Shares 11,921 (+335.5%) Est. Cost $119.93 Unrealized —

VIOV VANGUARD ADMIRAL FDS INC 0.1%

Value $1.192M (+355.2%) Shares 10,159 (+294.7%) Est. Cost $113.38 Unrealized —

VGT VANGUARD WORLD FD 0.1%

Value $676K (-54.0%) Shares 5,653 (+168.7%) Est. Cost $334.72 Unrealized —

AMZN AMAZON COM INC 0.4%

Value $4.346M (+19.3%) Shares 18,233 (+4.3%) Est. Cost $193.38 Unrealized —

KKR KKR & CO INC 0.1%

Value $911K (+206.6%) Shares 9,923 (+209.0%) Est. Cost $99.22 Unrealized —

BTCI NEOS ETF TRUST 0.1%

Value $950K (+139.3%) Shares 35,373 (+192.0%) Est. Cost $28.89 Unrealized —

AVAL GRUPO AVAL ACCIONES Y VALORE 0.1%

Value $1.14M (+91.4%) Shares 226,559 (+67.4%) Est. Cost $4.65 Unrealized —

MSFT MICROSOFT CORP 0.1%

Value $1.127M (+90.8%) Shares 3,022 (+89.3%) Est. Cost $417.54 Unrealized —

BHP BHP BILLITON LIMITED 0.1%

Value $1.488M (+54.9%) Shares 17,856 (+35.3%) Est. Cost $75.50 Unrealized —

V VISA INC 0.1%

Value $684K (+220.4%) Shares 1,993 (+182.3%) Est. Cost $343.58 Unrealized —

MA MASTERCARD INCORPORATED 0.1%

Value $817K (+70.8%) Shares 1,590 (+66.1%) Est. Cost $542.45 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.1%

Value $766K (+55.1%) Shares 1,528 (+52.0%) Est. Cost $487.72 Unrealized —

NOW SERVICENOW INC 0.0%

Value $437K (+102.4%) Shares 4,405 (+113.1%) Est. Cost $109.56 Unrealized —

EQIX EQUINIX INC 0.0%

Value $580K (+45.6%) Shares 556 (+36.9%) Est. Cost $839.19 Unrealized —

VNQ VANGUARD INDEX FDS 0.0%

Value $518K (+25.0%) Shares 5,375 (+15.0%) Est. Cost $89.71 Unrealized —

AAAU GOLDMAN SACHS PHYSICAL GOLD 0.0%

Value $361K (+12.7%) Shares 9,124 (+31.5%) Est. Cost $44.60 Unrealized —

SCCO SOUTHERN COPPER CORP 0.0%

Value $308K (+10.4%) Shares 1,766 (+9.0%) Est. Cost $186.27 Unrealized —

BX BLACKSTONE INC 0.0%

Value $310K (+4.3%) Shares 2,636 (+2.0%) Est. Cost $140.43 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	STATE STR SPDR S&P 500 ETF T	93,600 (+33.7%)	$69.9M (+53.5%)	5.9%	$674.23	—	TR UNIT	78462F103
CIB	GRUPO CIBEST SA	323,276 (+288.5%)	$25.68M (+323.9%)	2.2%	$77.73	—	SPON ADS	40090E106
RIO	RIO TINTO PLC	170,511 (+2839.8%)	$16.19M (+2891.5%)	1.4%	$94.87	—	SPONSORED ADR	767204100
IWM	ISHARES TR	160,000 (+14.3%)	$48.07M (+38.5%)	4.1%	$254.56	—	RUSSELL 2000 ETF	464287655
TSLA	TESLA INC	77,042 (+48.0%)	$32.4M (+67.4%)	2.7%	$424.24	—	COM	88160R101
VOO	VANGUARD INDEX FDS	70,918 (+18.3%)	$48.71M (+36.0%)	4.1%	$611.35	—	S&P 500 ETF SHS	922908363
SMH	VANECK ETF TRUST	19,609 (+333.0%)	$12.86M (+640.7%)	1.1%	$592.95	—	SEMICONDUCTR ETF	92189F676
NVDA	NVIDIA CORPORATION	90,000 (+111.8%)	$18.01M (+143.0%)	1.5%	$178.56	—	PUT	67066G104
AAPL	APPLE INC	37,004 (+1563.8%)	$10.71M (+1797.0%)	0.9%	$287.76	—	COM	037833100
EWZ	ISHARES INC	1,115,073 (+48.5%)	$38.47M (+33.4%)	3.2%	$36.06	—	MSCI BRAZIL ETF	464286400
NU	NU HLDGS LTD	939,839 (+290.4%)	$12.56M (+263.0%)	1.1%	$13.51	—	ORD SHS CL A	G6683N103
EWW	ISHARES INC	611,127 (+19.6%)	$46M (+19.6%)	3.9%	$75.24	—	MSCI MEXICO ETF	464286822
XLE	SELECT SECTOR SPDR TR	431,202 (+68.8%)	$22.9M (+46.3%)	1.9%	$57.94	—	ST STR ENERG ETF	81369Y506
EWZ	ISHARES INC	2,595,600 (+21.0%)	$89.55M (+8.7%)	7.6%	$36.06	—	CALL	464286400
WMT	WALMART INC	128,500 (+54.8%)	$14.55M (+41.1%)	1.2%	$118.93	—	COM	931142103
ENIC	ENEL CHILE SA	1,138,705 (+260.3%)	$5.124M (+311.6%)	0.4%	$4.37	—	SPONSORED ADR	29278D105
UBER	UBER TECHNOLOGIES INC	56,103 (+1118.3%)	$4.048M (+1122.2%)	0.3%	$72.51	—	COM	90353T100
HYG	ISHARES TR	751,373 (+5.4%)	$60.09M (+5.9%)	5.1%	$79.58	—	IBOXX HI YD ETF	464288513
EC	ECOPETROL S A	402,757 (+116.6%)	$5.735M (+105.8%)	0.5%	$14.59	—	SPONSORED ADS	279158109
JBBB	JANUS DETROIT STR TR	264,830 (+22.7%)	$12.54M (+24.6%)	1.1%	$46.74	—	B-BBB CLO ETF	47103U753
IBIT	ISHARES BITCOIN TRUST ETF	81,705 (+379.3%)	$2.72M (+315.3%)	0.2%	$39.31	—	SHS BEN INT	46438F101
NVDA	NVIDIA CORPORATION	14,867 (+161.0%)	$2.975M (+199.4%)	0.3%	$178.56	—	COM	67066G104
AAPL	APPLE INC	10,000 (+150.0%)	$2.894M (+185.0%)	0.2%	$287.76	—	CALL	037833100
GGAL	GRUPO FINANCIERO GALICIA S.A	40,294 (+669.0%)	$2.016M (+723.6%)	0.2%	$50.54	—	SPONSORED ADR	399909100
LQD	ISHARES TR	15,144 (+447.3%)	$1.652M (+447.7%)	0.1%	$109.06	—	IBOXX INV CP ETF	464287242
OUNZ	VANECK MERK GOLD ETF	65,795 (+136.7%)	$2.539M (+102.8%)	0.2%	$41.32	—	GOLD SHS	921078101
QQQI	NEOS ETF TRUST	43,865 (+53.2%)	$2.491M (+75.1%)	0.2%	$52.16	—	NASDAQ 100 HIGH	78433H675
NLR	VANECK ETF TRUST	11,921 (+335.5%)	$1.383M (+279.3%)	0.1%	$119.93	—	URANI NUCLE ETF	92189F601
VIOV	VANGUARD ADMIRAL FDS INC	10,159 (+294.7%)	$1.192M (+355.2%)	0.1%	$113.38	—	SMLCP 600 VAL	921932778
VGT	VANGUARD WORLD FD	5,653 (+168.7%)	$676K (-54.0%)	0.1%	$334.72	—	INF TECH ETF	92204A702
AMZN	AMAZON COM INC	18,233 (+4.3%)	$4.346M (+19.3%)	0.4%	$193.38	—	COM	023135106
KKR	KKR & CO INC	9,923 (+209.0%)	$911K (+206.6%)	0.1%	$99.22	—	COM	48251W104
BTCI	NEOS ETF TRUST	35,373 (+192.0%)	$950K (+139.3%)	0.1%	$28.89	—	BITC HIG INC ETF	78433H642
AVAL	GRUPO AVAL ACCIONES Y VALORE	226,559 (+67.4%)	$1.14M (+91.4%)	0.1%	$4.65	—	SPONSORED ADS	40053W101
MSFT	MICROSOFT CORP	3,022 (+89.3%)	$1.127M (+90.8%)	0.1%	$417.54	—	COM	594918104
BHP	BHP BILLITON LIMITED	17,856 (+35.3%)	$1.488M (+54.9%)	0.1%	$75.50	—	SPONSORED ADS	088606108
V	VISA INC	1,993 (+182.3%)	$684K (+220.4%)	0.1%	$343.58	—	COM CL A	92826C839
MA	MASTERCARD INCORPORATED	1,590 (+66.1%)	$817K (+70.8%)	0.1%	$542.45	—	CL A	57636Q104
TMO	THERMO FISHER SCIENTIFIC INC	1,528 (+52.0%)	$766K (+55.1%)	0.1%	$487.72	—	COM	883556102
NOW	SERVICENOW INC	4,405 (+113.1%)	$437K (+102.4%)	0.0%	$109.56	—	COM	81762P102
EQIX	EQUINIX INC	556 (+36.9%)	$580K (+45.6%)	0.0%	$839.19	—	COM	29444U700
VNQ	VANGUARD INDEX FDS	5,375 (+15.0%)	$518K (+25.0%)	0.0%	$89.71	—	REAL ESTATE ETF	922908553
AAAU	GOLDMAN SACHS PHYSICAL GOLD	9,124 (+31.5%)	$361K (+12.7%)	0.0%	$44.60	—	UNIT	38150K103
SCCO	SOUTHERN COPPER CORP	1,766 (+9.0%)	$308K (+10.4%)	0.0%	$186.27	—	COM	84265V105
BX	BLACKSTONE INC	2,636 (+2.0%)	$310K (+4.3%)	0.0%	$140.43	—	COM	09260D107

Exited Positions (86)

NU NU HLDGS LTD 2.8%

Value $32.6M Shares 2,268,900 Est. Cost $13.51 Unrealized —

IWM ISHARES TR 2.5%

Value $29.76M Shares 120,000 Est. Cost $254.56 Unrealized —

IWM ISHARES TR 2.1%

Value $24.8M Shares 100,000 Est. Cost $254.56 Unrealized —

IBIT ISHARES BITCOIN TRUST ETF 1.9%

Value $23.05M Shares 600,000 Est. Cost $39.31 Unrealized —

GEV GE VERNOVA INC 1.6%

Value $19.2M Shares 22,000 Est. Cost $1174.86 Unrealized —

AVGO BROADCOM INC 1.4%

Value $17.18M Shares 55,500 Est. Cost $306.19 Unrealized —

AVGO BROADCOM INC 1.4%

Value $17.02M Shares 55,000 Est. Cost $306.19 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 1.4%

Value $16.9M Shares 50,000 Est. Cost $224.88 Unrealized —

AMZN AMAZON COM INC 1.0%

Value $12.29M Shares 59,000 Est. Cost $193.38 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.9%

Value $11.15M Shares 33,000 Est. Cost $224.88 Unrealized —

GEV GE VERNOVA INC 0.9%

Value $10.47M Shares 12,000 Est. Cost $1174.86 Unrealized —

ASHR DBX ETF TR 0.8%

Value $9.792M Shares 300,000 Est. Cost — Unrealized —

XLP SELECT SECTOR SPDR TR 0.7%

Value $7.87M Shares 96,000 Est. Cost $81.98 Unrealized —

SMH VANECK ETF TRUST 0.6%

Value $7.668M Shares 20,000 Est. Cost $592.95 Unrealized —

UBER UBER TECHNOLOGIES INC 0.6%

Value $7.193M Shares 100,000 Est. Cost $72.51 Unrealized —

GOOG ALPHABET INC 0.4%

Value $5.163M Shares 18,000 Est. Cost $353.33 Unrealized —

GOOG ALPHABET INC 0.4%

Value $4.733M Shares 16,500 Est. Cost $353.33 Unrealized —

AMZN AMAZON COM INC 0.4%

Value $4.374M Shares 21,000 Est. Cost $193.38 Unrealized —

MPWR MONOLITHIC PWR SYS INC 0.3%

Value $3.936M Shares 3,600 Est. Cost — Unrealized —

FXI ISHARES TR 0.3%

Value $3.59M Shares 100,000 Est. Cost $34.49 Unrealized —

WELL WELLTOWER INC 0.3%

Value $3.262M Shares 16,500 Est. Cost $186.94 Unrealized —

NEM NEWMONT CORP 0.3%

Value $3.248M Shares 30,000 Est. Cost — Unrealized —

DKNG DRAFTKINGS INC NEW 0.3%

Value $3.243M Shares 150,000 Est. Cost $25.26 Unrealized —

MA MASTERCARD INCORPORATED 0.2%

Value $2.648M Shares 5,300 Est. Cost $542.45 Unrealized —

NUE NUCOR CORP 0.2%

Value $2.537M Shares 15,000 Est. Cost — Unrealized —

BRZE BRAZE INC 0.2%

Value $2.361M Shares 100,000 Est. Cost — Unrealized —

V VISA INC 0.2%

Value $2.267M Shares 7,500 Est. Cost $343.58 Unrealized —

NXPI NXP SEMICONDUCTORS N V 0.2%

Value $1.969M Shares 10,000 Est. Cost — Unrealized —

REGN REGENERON PHARMACEUTICALS 0.2%

Value $1.932M Shares 2,500 Est. Cost — Unrealized —

KO COCA COLA CO 0.2%

Value $1.901M Shares 25,000 Est. Cost — Unrealized —

NEM NEWMONT CORP 0.2%

Value $1.894M Shares 17,500 Est. Cost — Unrealized —

NXPI NXP SEMICONDUCTORS N V 0.2%

Value $1.87M Shares 9,500 Est. Cost — Unrealized —

HWM HOWMET AEROSPACE INC 0.2%

Value $1.844M Shares 8,000 Est. Cost $182.11 Unrealized —

V VISA INC 0.2%

Value $1.813M Shares 6,000 Est. Cost $343.58 Unrealized —

WELL WELLTOWER INC 0.2%

Value $1.812M Shares 9,166 Est. Cost $186.94 Unrealized —

UBER UBER TECHNOLOGIES INC 0.2%

Value $1.798M Shares 25,000 Est. Cost $72.51 Unrealized —

WYNN WYNN RESORTS LTD 0.1%

Value $1.757M Shares 17,300 Est. Cost $97.09 Unrealized —

HOOD ROBINHOOD MKTS INC 0.1%

Value $1.663M Shares 24,000 Est. Cost — Unrealized —

VTR VENTAS INC 0.1%

Value $1.636M Shares 20,000 Est. Cost $77.33 Unrealized —

EWY ISHARES INC 0.1%

Value $1.539M Shares 12,510 Est. Cost $123.01 Unrealized —

VST VISTRA CORP 0.1%

Value $1.503M Shares 10,000 Est. Cost — Unrealized —

ITUB ITAU UNIBANCO HLDG S A 0.1%

Value $1.422M Shares 169,644 Est. Cost $8.38 Unrealized —

MPWR MONOLITHIC PWR SYS INC 0.1%

Value $1.421M Shares 1,300 Est. Cost — Unrealized —

LTM LATAM AIRLINES GROUP SA 0.1%

Value $1.236M Shares 25,000 Est. Cost $52.32 Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 0.1%

Value $1.227M Shares 7,800 Est. Cost — Unrealized —

BIZD VANECK ETF TRUST 0.1%

Value $1.131M Shares 88,380 Est. Cost $12.80 Unrealized —

AMAT APPLIED MATLS INC 0.1%

Value $1.025M Shares 3,000 Est. Cost — Unrealized —

AMAT APPLIED MATLS INC 0.1%

Value $1.025M Shares 3,000 Est. Cost — Unrealized —

NUE NUCOR CORP 0.1%

Value $1.015M Shares 6,000 Est. Cost — Unrealized —

XEL XCEL ENERGY INC 0.1%

Value $993K Shares 12,500 Est. Cost $77.17 Unrealized —

GILD GILEAD SCIENCES INC 0.1%

Value $976K Shares 7,000 Est. Cost $120.88 Unrealized —

BG BUNGE GLOBAL SA 0.1%

Value $954K Shares 7,500 Est. Cost $112.04 Unrealized —

KO COCA COLA CO 0.1%

Value $951K Shares 12,500 Est. Cost — Unrealized —

CRH CRH PLC 0.1%

Value $946K Shares 9,000 Est. Cost $121.74 Unrealized —

LLY ELI LILLY & CO 0.1%

Value $920K Shares 1,000 Est. Cost $1199.43 Unrealized —

LLY ELI LILLY & CO 0.1%

Value $920K Shares 1,000 Est. Cost $1199.43 Unrealized —

A AGILENT TECHNOLOGIES INC 0.1%

Value $912K Shares 8,000 Est. Cost $134.76 Unrealized —

DKNG DRAFTKINGS INC NEW 0.1%

Value $865K Shares 40,000 Est. Cost $25.26 Unrealized —

WDC WESTERN DIGITAL CORP 0.1%

Value $811K Shares 3,000 Est. Cost — Unrealized —

XEL XCEL ENERGY INC 0.1%

Value $794K Shares 10,000 Est. Cost $77.17 Unrealized —

WELL WELLTOWER INC 0.1%

Value $791K Shares 4,000 Est. Cost $186.94 Unrealized —

VST VISTRA CORP 0.1%

Value $752K Shares 5,000 Est. Cost — Unrealized —

MA MASTERCARD INCORPORATED 0.1%

Value $749K Shares 1,500 Est. Cost $542.45 Unrealized —

CI THE CIGNA GROUP 0.1%

Value $738K Shares 2,768 Est. Cost $280.70 Unrealized —

ARKK ARK ETF TR 0.1%

Value $608K Shares 9,001 Est. Cost $67.59 Unrealized —

HWM HOWMET AEROSPACE INC 0.1%

Value $606K Shares 2,628 Est. Cost $182.11 Unrealized —

SNDK SANDISK CORP 0.0%

Value $566K Shares 891 Est. Cost $200.29 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.0%

Value $557K Shares 2,900 Est. Cost $191.92 Unrealized —

CSX CSX CORP 0.0%

Value $513K Shares 12,500 Est. Cost — Unrealized —

MU MICRON TECHNOLOGY INC 0.0%

Value $502K Shares 1,487 Est. Cost $229.35 Unrealized —

BAC BANK AMERICA CORP 0.0%

Value $488K Shares 10,000 Est. Cost $56.98 Unrealized —

CFG CITIZENS FINL GROUP INC 0.0%

Value $480K Shares 8,000 Est. Cost — Unrealized —

CFG CITIZENS FINL GROUP INC 0.0%

Value $480K Shares 8,000 Est. Cost — Unrealized —

A AGILENT TECHNOLOGIES INC 0.0%

Value $474K Shares 4,160 Est. Cost $134.76 Unrealized —

UAL UNITED AIRLS HLDGS INC 0.0%

Value $460K Shares 5,000 Est. Cost $111.68 Unrealized —

GILD GILEAD SCIENCES INC 0.0%

Value $438K Shares 3,144 Est. Cost $120.88 Unrealized —

CRH CRH PLC 0.0%

Value $425K Shares 4,041 Est. Cost $121.74 Unrealized —

BG BUNGE GLOBAL SA 0.0%

Value $399K Shares 3,135 Est. Cost $112.04 Unrealized —

JBL JABIL INC 0.0%

Value $398K Shares 1,500 Est. Cost — Unrealized —

REGN REGENERON PHARMACEUTICALS 0.0%

Value $309K Shares 400 Est. Cost — Unrealized —

XLV SELECT SECTOR SPDR TR 0.0%

Value $299K Shares 2,042 Est. Cost $141.36 Unrealized —

CPB THE CAMPBELLS COMPANY 0.0%

Value $255K Shares 11,435 Est. Cost $27.30 Unrealized —

UAL UNITED AIRLS HLDGS INC 0.0%

Value $243K Shares 2,635 Est. Cost $111.68 Unrealized —

XLU SELECT SECTOR SPDR TR 0.0%

Value $242K Shares 5,284 Est. Cost $42.69 Unrealized —

XEL XCEL ENERGY INC 0.0%

Value $219K Shares 2,757 Est. Cost $77.17 Unrealized —

PDD PDD HOLDINGS INC 0.0%

Value $205K Shares 2,005 Est. Cost $121.38 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NU	NU HLDGS LTD	2,268,900	$32.6M	2.8%	$13.51	—	CALL	G6683N103
IWM	ISHARES TR	120,000	$29.76M	2.5%	$254.56	—	PUT	464287655
IWM	ISHARES TR	100,000	$24.8M	2.1%	$254.56	—	CALL	464287655
IBIT	ISHARES BITCOIN TRUST ETF	600,000	$23.05M	1.9%	$39.31	—	CALL	46438F101
GEV	GE VERNOVA INC	22,000	$19.2M	1.6%	$1174.86	—	CALL	36828A101
AVGO	BROADCOM INC	55,500	$17.18M	1.4%	$306.19	—	PUT	11135F101
AVGO	BROADCOM INC	55,000	$17.02M	1.4%	$306.19	—	CALL	11135F101
TSM	TAIWAN SEMICONDUCTOR MANUFAC	50,000	$16.9M	1.4%	$224.88	—	CALL	874039100
AMZN	AMAZON COM INC	59,000	$12.29M	1.0%	$193.38	—	PUT	023135106
TSM	TAIWAN SEMICONDUCTOR MANUFAC	33,000	$11.15M	0.9%	$224.88	—	PUT	874039100
GEV	GE VERNOVA INC	12,000	$10.47M	0.9%	$1174.86	—	PUT	36828A101
ASHR	DBX ETF TR	300,000	$9.792M	0.8%	—	—	CALL	233051879
XLP	SELECT SECTOR SPDR TR	96,000	$7.87M	0.7%	$81.98	—	PUT	81369Y308
SMH	VANECK ETF TRUST	20,000	$7.668M	0.6%	$592.95	—	PUT	92189F676
UBER	UBER TECHNOLOGIES INC	100,000	$7.193M	0.6%	$72.51	—	PUT	90353T100
GOOG	ALPHABET INC	18,000	$5.163M	0.4%	$353.33	—	CALL	02079K107
GOOG	ALPHABET INC	16,500	$4.733M	0.4%	$353.33	—	PUT	02079K107
AMZN	AMAZON COM INC	21,000	$4.374M	0.4%	$193.38	—	CALL	023135106
MPWR	MONOLITHIC PWR SYS INC	3,600	$3.936M	0.3%	—	—	PUT	609839105
FXI	ISHARES TR	100,000	$3.59M	0.3%	$34.49	—	—	464287184
WELL	WELLTOWER INC	16,500	$3.262M	0.3%	$186.94	—	PUT	95040Q104
NEM	NEWMONT CORP	30,000	$3.248M	0.3%	—	—	PUT	651639106
DKNG	DRAFTKINGS INC NEW	150,000	$3.243M	0.3%	$25.26	—	CALL	26142V105
MA	MASTERCARD INCORPORATED	5,300	$2.648M	0.2%	$542.45	—	PUT	57636Q104
NUE	NUCOR CORP	15,000	$2.537M	0.2%	—	—	PUT	670346105
BRZE	BRAZE INC	100,000	$2.361M	0.2%	—	—	CALL	10576N102
V	VISA INC	7,500	$2.267M	0.2%	$343.58	—	PUT	92826C839
NXPI	NXP SEMICONDUCTORS N V	10,000	$1.969M	0.2%	—	—	CALL	N6596X109
REGN	REGENERON PHARMACEUTICALS	2,500	$1.932M	0.2%	—	—	PUT	75886F107
KO	COCA COLA CO	25,000	$1.901M	0.2%	—	—	CALL	191216100
NEM	NEWMONT CORP	17,500	$1.894M	0.2%	—	—	CALL	651639106
NXPI	NXP SEMICONDUCTORS N V	9,500	$1.87M	0.2%	—	—	PUT	N6596X109
HWM	HOWMET AEROSPACE INC	8,000	$1.844M	0.2%	$182.11	—	PUT	443201108
V	VISA INC	6,000	$1.813M	0.2%	$343.58	—	CALL	92826C839
WELL	WELLTOWER INC	9,166	$1.812M	0.2%	$186.94	—	—	95040Q104
UBER	UBER TECHNOLOGIES INC	25,000	$1.798M	0.2%	$72.51	—	CALL	90353T100
WYNN	WYNN RESORTS LTD	17,300	$1.757M	0.1%	$97.09	—	CALL	983134107
HOOD	ROBINHOOD MKTS INC	24,000	$1.663M	0.1%	—	—	CALL	770700102
VTR	VENTAS INC	20,000	$1.636M	0.1%	$77.33	—	PUT	92276F100
EWY	ISHARES INC	12,510	$1.539M	0.1%	$123.01	—	—	464286772
VST	VISTRA CORP	10,000	$1.503M	0.1%	—	—	CALL	92840M102
ITUB	ITAU UNIBANCO HLDG S A	169,644	$1.422M	0.1%	$8.38	—	—	465562106
MPWR	MONOLITHIC PWR SYS INC	1,300	$1.421M	0.1%	—	—	CALL	609839105
LTM	LATAM AIRLINES GROUP SA	25,000	$1.236M	0.1%	$52.32	—	—	51817R205
ICE	INTERCONTINENTAL EXCHANGE IN	7,800	$1.227M	0.1%	—	—	CALL	45866F104
BIZD	VANECK ETF TRUST	88,380	$1.131M	0.1%	$12.80	—	—	92189F411
AMAT	APPLIED MATLS INC	3,000	$1.025M	0.1%	—	—	PUT	038222105
AMAT	APPLIED MATLS INC	3,000	$1.025M	0.1%	—	—	CALL	038222105
NUE	NUCOR CORP	6,000	$1.015M	0.1%	—	—	CALL	670346105
XEL	XCEL ENERGY INC	12,500	$993K	0.1%	$77.17	—	PUT	98389B100
GILD	GILEAD SCIENCES INC	7,000	$976K	0.1%	$120.88	—	PUT	375558103
BG	BUNGE GLOBAL SA	7,500	$954K	0.1%	$112.04	—	PUT	H11356104
KO	COCA COLA CO	12,500	$951K	0.1%	—	—	PUT	191216100
CRH	CRH PLC	9,000	$946K	0.1%	$121.74	—	PUT	G25508105
LLY	ELI LILLY & CO	1,000	$920K	0.1%	$1199.43	—	CALL	532457108
LLY	ELI LILLY & CO	1,000	$920K	0.1%	$1199.43	—	PUT	532457108
A	AGILENT TECHNOLOGIES INC	8,000	$912K	0.1%	$134.76	—	PUT	00846U101
DKNG	DRAFTKINGS INC NEW	40,000	$865K	0.1%	$25.26	—	PUT	26142V105
WDC	WESTERN DIGITAL CORP	3,000	$811K	0.1%	—	—	PUT	958102105
XEL	XCEL ENERGY INC	10,000	$794K	0.1%	$77.17	—	CALL	98389B100
WELL	WELLTOWER INC	4,000	$791K	0.1%	$186.94	—	CALL	95040Q104
VST	VISTRA CORP	5,000	$752K	0.1%	—	—	PUT	92840M102
MA	MASTERCARD INCORPORATED	1,500	$749K	0.1%	$542.45	—	CALL	57636Q104
CI	THE CIGNA GROUP	2,768	$738K	0.1%	$280.70	—	—	125523100
ARKK	ARK ETF TR	9,001	$608K	0.1%	$67.59	—	—	00214Q104
HWM	HOWMET AEROSPACE INC	2,628	$606K	0.1%	$182.11	—	—	443201108
SNDK	SANDISK CORP	891	$566K	0.0%	$200.29	—	—	80004C200
RSP	INVESCO EXCHANGE TRADED FD T	2,900	$557K	0.0%	$191.92	—	—	46137V357
CSX	CSX CORP	12,500	$513K	0.0%	—	—	PUT	126408103
MU	MICRON TECHNOLOGY INC	1,487	$502K	0.0%	$229.35	—	—	595112103
BAC	BANK AMERICA CORP	10,000	$488K	0.0%	$56.98	—	CALL	060505104
CFG	CITIZENS FINL GROUP INC	8,000	$480K	0.0%	—	—	PUT	174610105
CFG	CITIZENS FINL GROUP INC	8,000	$480K	0.0%	—	—	CALL	174610105
A	AGILENT TECHNOLOGIES INC	4,160	$474K	0.0%	$134.76	—	—	00846U101
UAL	UNITED AIRLS HLDGS INC	5,000	$460K	0.0%	$111.68	—	PUT	910047109
GILD	GILEAD SCIENCES INC	3,144	$438K	0.0%	$120.88	—	—	375558103
CRH	CRH PLC	4,041	$425K	0.0%	$121.74	—	—	G25508105
BG	BUNGE GLOBAL SA	3,135	$399K	0.0%	$112.04	—	—	H11356104
JBL	JABIL INC	1,500	$398K	0.0%	—	—	CALL	466313103
REGN	REGENERON PHARMACEUTICALS	400	$309K	0.0%	—	—	CALL	75886F107
XLV	SELECT SECTOR SPDR TR	2,042	$299K	0.0%	$141.36	—	—	81369Y209
CPB	THE CAMPBELLS COMPANY	11,435	$255K	0.0%	$27.30	—	—	134429109
UAL	UNITED AIRLS HLDGS INC	2,635	$243K	0.0%	$111.68	—	—	910047109
XLU	SELECT SECTOR SPDR TR	5,284	$242K	0.0%	$42.69	—	—	81369Y886
XEL	XCEL ENERGY INC	2,757	$219K	0.0%	$77.17	—	—	98389B100
PDD	PDD HOLDINGS INC	2,005	$205K	0.0%	$121.38	—	—	722304102

Decreased Positions (35)

EWZ ISHARES INC 4.1%

Value $48.23M (-57.5%) Shares 1,397,900 (-52.7%) Est. Cost $36.06 Unrealized —

NVDA NVIDIA CORPORATION 0.8%

Value $9.004M (-67.7%) Shares 45,000 (-71.9%) Est. Cost $178.56 Unrealized —

XLP SELECT SECTOR SPDR TR 2.0%

Value $23.72M (-18.2%) Shares 285,500 (-19.3%) Est. Cost $81.98 Unrealized —

JAAA JANUS DETROIT STR TR 1.5%

Value $17.31M (-20.0%) Shares 342,802 (-20.2%) Est. Cost $50.37 Unrealized —

BND VANGUARD BD INDEX FDS 0.2%

Value $2.137M (-61.1%) Shares 29,112 (-60.9%) Est. Cost $73.64 Unrealized —

CI THE CIGNA GROUP 0.1%

Value $827K (-79.3%) Shares 3,000 (-80.0%) Est. Cost $280.70 Unrealized —

CI THE CIGNA GROUP 0.1%

Value $827K (-77.9%) Shares 3,000 (-78.6%) Est. Cost $280.70 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.0%

Value $340K (-87.8%) Shares 711 (-91.4%) Est. Cost $224.88 Unrealized —

TRGP TARGA RES CORP 0.1%

Value $1.609M (-57.2%) Shares 6,000 (-60.0%) Est. Cost — Unrealized —

WYNN WYNN RESORTS LTD 0.1%

Value $777K (-72.2%) Shares 8,000 (-70.9%) Est. Cost $97.09 Unrealized —

VT VANGUARD INTL EQUITY INDEX F 0.1%

Value $1.162M (-59.3%) Shares 7,405 (-64.1%) Est. Cost $138.32 Unrealized —

EXE EXPAND ENERGY CORPORATION 0.2%

Value $1.824M (-48.1%) Shares 20,000 (-37.5%) Est. Cost $105.80 Unrealized —

XRT SPDR SERIES TRUST 0.9%

Value $10.7M (-11.3%) Shares 122,000 (-18.7%) Est. Cost $80.47 Unrealized —

SLV ISHARES SILVER TR 0.1%

Value $1.144M (-51.4%) Shares 21,400 (-38.2%) Est. Cost — Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.4%

Value $4.267M (+34.3%) Shares 7,346 (-53.0%) Est. Cost $221.70 Unrealized —

EWY ISHARES INC 0.3%

Value $4.038M (+31.3%) Shares 20,000 (-20.0%) Est. Cost $123.01 Unrealized —

STX SEAGATE TECHNOLOGY HLDNGS PL 0.2%

Value $1.93M (+97.1%) Shares 2,000 (-20.0%) Est. Cost — Unrealized —

BNDX VANGUARD CHARLOTTE FDS 0.1%

Value $695K (-57.1%) Shares 14,360 (-57.4%) Est. Cost $48.05 Unrealized —

XBCI NEOS ETF TRUST 0.0%

Value $356K (-69.9%) Shares 11,998 (-58.9%) Est. Cost $40.56 Unrealized —

ESPO VANECK ETF TRUST 0.1%

Value $1.022M (-41.4%) Shares 11,392 (-40.9%) Est. Cost $90.50 Unrealized —

SPYI NEOS ETF TRUST 0.1%

Value $1.355M (-33.1%) Shares 25,519 (-37.7%) Est. Cost $49.37 Unrealized —

NFLX NETFLIX INC. 0.1%

Value $629K (-50.3%) Shares 8,805 (-33.1%) Est. Cost $83.84 Unrealized —

ECH ISHARES INC 0.4%

Value $4.724M (-11.3%) Shares 118,993 (-11.2%) Est. Cost $39.76 Unrealized —

VTR VENTAS INC 0.0%

Value $548K (-44.8%) Shares 6,174 (-49.1%) Est. Cost $77.33 Unrealized —

MELI MERCADOLIBRE INC 0.0%

Value $435K (-50.3%) Shares 256 (-49.4%) Est. Cost $2100.46 Unrealized —

HODL VANECK BITCOIN ETF 0.0%

Value $383K (-38.0%) Shares 23,085 (-28.4%) Est. Cost $19.16 Unrealized —

EXE EXPAND ENERGY CORPORATION 0.1%

Value $675K (-24.1%) Shares 7,400 (-8.6%) Est. Cost $105.80 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 1.7%

Value $19.71M (+1.0%) Shares 26,400 (-12.0%) Est. Cost $674.23 Unrealized —

ZETA ZETA GLOBAL HOLDINGS CORP 0.0%

Value $500K (-25.2%) Shares 25,389 (-39.5%) Est. Cost $19.22 Unrealized —

VALE VALE S A 0.1%

Value $1.551M (-9.7%) Shares 103,124 (-4.5%) Est. Cost $15.91 Unrealized —

TRGP TARGA RES CORP 0.0%

Value $402K (-19.8%) Shares 1,500 (-25.0%) Est. Cost — Unrealized —

EQIX EQUINIX INC 0.1%

Value $938K (-4.3%) Shares 900 (-10.0%) Est. Cost $839.19 Unrealized —

APO APOLLO GLOBAL MGMT INC 0.0%

Value $292K (-3.3%) Shares 2,467 (-9.0%) Est. Cost $133.41 Unrealized —

OBDC BLUE OWL CAPITAL CORPORATION 0.0%

Value $115K (-6.5%) Shares 10,608 (-4.8%) Est. Cost $12.03 Unrealized —

PH PARKER-HANNIFIN CORP 0.0%

Value $276K (+0.4%) Shares 282 (-8.1%) Est. Cost $957.81 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EWZ	ISHARES INC	1,397,900 (-52.7%)	$48.23M (-57.5%)	4.1%	$36.06	—	PUT	464286400
NVDA	NVIDIA CORPORATION	45,000 (-71.9%)	$9.004M (-67.7%)	0.8%	$178.56	—	CALL	67066G104
XLP	SELECT SECTOR SPDR TR	285,500 (-19.3%)	$23.72M (-18.2%)	2.0%	$81.98	—	ST STR STAPL ETF	81369Y308
JAAA	JANUS DETROIT STR TR	342,802 (-20.2%)	$17.31M (-20.0%)	1.5%	$50.37	—	HENDRSON AAA CL	47103U845
BND	VANGUARD BD INDEX FDS	29,112 (-60.9%)	$2.137M (-61.1%)	0.2%	$73.64	—	TOTAL BND MRKT	921937835
CI	THE CIGNA GROUP	3,000 (-80.0%)	$827K (-79.3%)	0.1%	$280.70	—	PUT	125523100
CI	THE CIGNA GROUP	3,000 (-78.6%)	$827K (-77.9%)	0.1%	$280.70	—	CALL	125523100
TSM	TAIWAN SEMICONDUCTOR MANUFAC	711 (-91.4%)	$340K (-87.8%)	0.0%	$224.88	—	SPONSORED ADS	874039100
TRGP	TARGA RES CORP	6,000 (-60.0%)	$1.609M (-57.2%)	0.1%	—	—	CALL	87612G101
WYNN	WYNN RESORTS LTD	8,000 (-70.9%)	$777K (-72.2%)	0.1%	$97.09	—	PUT	983134107
VT	VANGUARD INTL EQUITY INDEX F	7,405 (-64.1%)	$1.162M (-59.3%)	0.1%	$138.32	—	TT WRLD ST ETF	922042742
EXE	EXPAND ENERGY CORPORATION	20,000 (-37.5%)	$1.824M (-48.1%)	0.2%	$105.80	—	PUT	165167735
XRT	SPDR SERIES TRUST	122,000 (-18.7%)	$10.7M (-11.3%)	0.9%	$80.47	—	ST STR SP RETAIL	78464A714
SLV	ISHARES SILVER TR	21,400 (-38.2%)	$1.144M (-51.4%)	0.1%	—	—	CALL	46428Q109
AMD	ADVANCED MICRO DEVICES INC	7,346 (-53.0%)	$4.267M (+34.3%)	0.4%	$221.70	—	COM	007903107
EWY	ISHARES INC	20,000 (-20.0%)	$4.038M (+31.3%)	0.3%	$123.01	—	CALL	464286772
STX	SEAGATE TECHNOLOGY HLDNGS PL	2,000 (-20.0%)	$1.93M (+97.1%)	0.2%	—	—	CALL	G7997R103
BNDX	VANGUARD CHARLOTTE FDS	14,360 (-57.4%)	$695K (-57.1%)	0.1%	$48.05	—	TOTAL INT BD ETF	92203J407
XBCI	NEOS ETF TRUST	11,998 (-58.9%)	$356K (-69.9%)	0.0%	$40.56	—	BOOSTED BITCOIND	78433H527
ESPO	VANECK ETF TRUST	11,392 (-40.9%)	$1.022M (-41.4%)	0.1%	$90.50	—	VIDEO GMNG ESPRT	92189F114
SPYI	NEOS ETF TRUST	25,519 (-37.7%)	$1.355M (-33.1%)	0.1%	$49.37	—	NEOS S&P 500 HI	78433H303
NFLX	NETFLIX INC.	8,805 (-33.1%)	$629K (-50.3%)	0.1%	$83.84	—	COM	64110L106
ECH	ISHARES INC	118,993 (-11.2%)	$4.724M (-11.3%)	0.4%	$39.76	—	MSCI CHILE ETF	464286640
VTR	VENTAS INC	6,174 (-49.1%)	$548K (-44.8%)	0.0%	$77.33	—	COM	92276F100
MELI	MERCADOLIBRE INC	256 (-49.4%)	$435K (-50.3%)	0.0%	$2100.46	—	COM	58733R102
HODL	VANECK BITCOIN ETF	23,085 (-28.4%)	$383K (-38.0%)	0.0%	$19.16	—	SH BEN INT	92189K105
EXE	EXPAND ENERGY CORPORATION	7,400 (-8.6%)	$675K (-24.1%)	0.1%	$105.80	—	COM	165167735
SPY	STATE STR SPDR S&P 500 ETF T	26,400 (-12.0%)	$19.71M (+1.0%)	1.7%	$674.23	—	PUT	78462F103
ZETA	ZETA GLOBAL HOLDINGS CORP	25,389 (-39.5%)	$500K (-25.2%)	0.0%	$19.22	—	CL A	98956A105
VALE	VALE S A	103,124 (-4.5%)	$1.551M (-9.7%)	0.1%	$15.91	—	SPONSORED ADS	91912E105
TRGP	TARGA RES CORP	1,500 (-25.0%)	$402K (-19.8%)	0.0%	—	—	PUT	87612G101
EQIX	EQUINIX INC	900 (-10.0%)	$938K (-4.3%)	0.1%	$839.19	—	PUT	29444U700
APO	APOLLO GLOBAL MGMT INC	2,467 (-9.0%)	$292K (-3.3%)	0.0%	$133.41	—	COM	03769M106
OBDC	BLUE OWL CAPITAL CORPORATION	10,608 (-4.8%)	$115K (-6.5%)	0.0%	$12.03	—	COM	69121K104
PH	PARKER-HANNIFIN CORP	282 (-8.1%)	$276K (+0.4%)	0.0%	$957.81	—	COM	701094104

Unchanged Positions (19)

AVGO BROADCOM INC 2.2%

Value $26.58M Shares 70,366 Est. Cost $306.19 Unrealized —

CPA COPA HOLDINGS SA 1.1%

Value $13.22M Shares 85,000 Est. Cost $136.40 Unrealized —

KRE SPDR SERIES TRUST 0.9%

Value $11.23M Shares 150,000 Est. Cost $65.15 Unrealized —

AUGO AURA MINERALS INC 0.4%

Value $4.833M Shares 76,777 Est. Cost $62.37 Unrealized —

TSLA TESLA INC 0.9%

Value $10.09M Shares 24,000 Est. Cost $424.24 Unrealized —

JBS JBS N.V. 0.2%

Value $2.264M Shares 191,081 Est. Cost $15.40 Unrealized —

CRWD CROWDSTRIKE HLDGS INC 0.1%

Value $1.68M Shares 2,201 Est. Cost $449.15 Unrealized —

XOM EXXON MOBIL CORP 0.2%

Value $2.109M Shares 15,428 Est. Cost $138.74 Unrealized —

IAU ISHARES GOLD TR 0.2%

Value $2.374M Shares 31,440 Est. Cost $88.16 Unrealized —

BN BROOKFIELD CORP 0.6%

Value $6.703M Shares 157,392 Est. Cost $44.15 Unrealized —

VXUS VANGUARD STAR FDS 0.3%

Value $3.125M Shares 36,552 Est. Cost $77.11 Unrealized —

BUD ANHEUSER BUSCH INBEV SA NV 0.1%

Value $1.648M Shares 20,000 Est. Cost $69.37 Unrealized —

MSFT MICROSOFT CORP 1.1%

Value $13.43M Shares 36,000 Est. Cost $417.54 Unrealized —

XBI SPDR SERIES TRUST 0.0%

Value $413K Shares 2,610 Est. Cost $127.73 Unrealized —

COIN COINBASE GLOBAL INC 0.0%

Value $344K Shares 2,352 Est. Cost $200.57 Unrealized —

MSFT MICROSOFT CORP 0.4%

Value $4.476M Shares 12,000 Est. Cost $417.54 Unrealized —

PAGS PAGSEGURO DIGITAL LTD 0.0%

Value $188K Shares 20,828 Est. Cost $10.73 Unrealized —

XLB SELECT SECTOR SPDR TR 0.0%

Value $514K Shares 10,106 Est. Cost $49.97 Unrealized —

XME SPDR SERIES TRUST 0.1%

Value $631K Shares 5,900 Est. Cost $108.01 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AVGO	BROADCOM INC	70,366	$26.58M	2.2%	$306.19	—	COM	11135F101
CPA	COPA HOLDINGS SA	85,000	$13.22M	1.1%	$136.40	—	CL A	P31076105
KRE	SPDR SERIES TRUST	150,000	$11.23M	0.9%	$65.15	—	ST STR SP REGBNK	78464A698
AUGO	AURA MINERALS INC	76,777	$4.833M	0.4%	$62.37	—	SHS NEW	G06973112
TSLA	TESLA INC	24,000	$10.09M	0.9%	$424.24	—	PUT	88160R101
JBS	JBS N.V.	191,081	$2.264M	0.2%	$15.40	—	CL A SHS	N4732M103
CRWD	CROWDSTRIKE HLDGS INC	2,201	$1.68M	0.1%	$449.15	—	CL A	22788C105
XOM	EXXON MOBIL CORP	15,428	$2.109M	0.2%	$138.74	—	COM	30231G102
IAU	ISHARES GOLD TR	31,440	$2.374M	0.2%	$88.16	—	ISHARES NEW	464285204
BN	BROOKFIELD CORP	157,392	$6.703M	0.6%	$44.15	—	CL A LTD VT SH	11271J107
VXUS	VANGUARD STAR FDS	36,552	$3.125M	0.3%	$77.11	—	VG TL INTL STK F	921909768
BUD	ANHEUSER BUSCH INBEV SA NV	20,000	$1.648M	0.1%	$69.37	—	SPONSORED ADR	03524A108
MSFT	MICROSOFT CORP	36,000	$13.43M	1.1%	$417.54	—	CALL	594918104
XBI	SPDR SERIES TRUST	2,610	$413K	0.0%	$127.73	—	ST STR SP BIOT	78464A870
COIN	COINBASE GLOBAL INC	2,352	$344K	0.0%	$200.57	—	COM CL A	19260Q107
MSFT	MICROSOFT CORP	12,000	$4.476M	0.4%	$417.54	—	PUT	594918104
PAGS	PAGSEGURO DIGITAL LTD	20,828	$188K	0.0%	$10.73	—	COM CL A	G68707101
XLB	SELECT SECTOR SPDR TR	10,106	$514K	0.0%	$49.97	—	ST STR MATER ETF	81369Y100
XME	SPDR SERIES TRUST	5,900	$631K	0.1%	$108.01	—	ST STR SP METAL	78464A755