Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SOXX	ISHARES TR	260,000	$167M	5.1%	—	—	PUT	464287523
VRSN	VERISIGN INC	305,000	$76.73M	2.4%	—	—	CALL	92343E102
NOW	SERVICENOW INC	660,000	$65.52M	2.0%	—	—	CALL	81762P102
V	VISA INC	187,500	$64.33M	2.0%	—	—	CALL	92826C839
NVDA	NVIDIA CORPORATION	321,200	$64.27M	2.0%	—	—	PUT	67066G104
CRM	SALESFORCE INC	400,000	$62.66M	1.9%	—	—	CALL	79466L302
MSFT	MICROSOFT CORP	146,500	$54.65M	1.7%	—	—	CALL	594918104
HD	HOME DEPOT INC	145,000	$51.14M	1.6%	—	—	CALL	437076102
MA	MASTERCARD INCORPORATED	92,500	$47.51M	1.5%	—	—	CALL	57636Q104
INTC	INTEL CORP	303,043	$42.31M	1.3%	—	—	COM	458140100
META	META PLATFORMS INC	70,000	$39.43M	1.2%	—	—	CALL	30303M102
OKTA	OKTA INC	270,000	$36.84M	1.1%	—	—	CALL	679295105
NFLX	NETFLIX INC.	420,000	$29.99M	0.9%	—	—	CALL	64110L106
TEAM	ATLASSIAN CORPORATION	347,500	$27.03M	0.8%	—	—	CALL	049468101
ASML	ASML HLDG NV	13,500	$26.86M	0.8%	—	—	CALL	N07059210
SNDK	SANDISK CORP	11,181	$25.42M	0.8%	—	—	COM	80004C200
MU	MICRON TECHNOLOGY INC	21,500	$24.82M	0.8%	—	—	CALL	595112103
LRCX	LAM RESEARCH CORP	52,980	$22.96M	0.7%	—	—	COM NEW	512807306
GEV	GE VERNOVA INC	19,100	$22.44M	0.7%	—	—	CALL	36828A101
BWA	BORGWARNER INC	304,949	$20.25M	0.6%	—	—	COM	099724106
RDDT	REDDIT INC	115,706	$20.08M	0.6%	—	—	CL A	75734B100
WDC	WESTERN DIGITAL CORP	31,293	$19.99M	0.6%	—	—	COM	958102105
TTMI	TTM TECHNOLOGIES INC	105,979	$19.82M	0.6%	—	—	COM	87305R109
AMZN	AMAZON COM INC	77,500	$18.47M	0.6%	—	—	PUT	023135106
MDB	MONGODB INC	49,549	$16.64M	0.5%	—	—	CL A	60937P106
APP	APPLOVIN CORP	29,171	$15.03M	0.5%	—	—	COM CL A	03831W108
QCOM	QUALCOMM INC	79,500	$14.69M	0.5%	—	—	CALL	747525103
NOK	NOKIA CORP	1,041,758	$13.83M	0.4%	—	—	SPONSORED ADR	654902204
SOXX	ISHARES TR	21,400	$13.71M	0.4%	—	—	CALL	464287523
TWLO	TWILIO INC	59,422	$12.26M	0.4%	—	—	CL A	90138F102
LITE	LUMENTUM HLDGS INC	13,300	$11.41M	0.4%	—	—	CALL	55024U109
EWY	ISHARES INC	52,000	$10.5M	0.3%	—	—	CALL	464286772
CDW	CDW CORP	70,309	$9.888M	0.3%	—	—	COM	12514G108
OKTA	OKTA INC	71,405	$9.743M	0.3%	—	—	CL A	679295105
CIEN	CIENA CORP	19,800	$9.713M	0.3%	—	—	CALL	171779309
MRVL	MARVELL TECHNOLOGY INC	27,200	$8.103M	0.2%	—	—	CALL	573874104
BTDR	BITDEER TECHNOLOGIES GROUP	477,300	$7.575M	0.2%	—	—	CL A ORD SHS	G11448100
UAL	UNITED AIRLS HLDGS INC	53,200	$7.235M	0.2%	—	—	COM	910047109
MKSI	MKS INC.	8,600	$3.825M	0.1%	—	—	COM	55306N104

Increased Positions (12)

QQQ INVESCO QQQ TR 16.6%

Value $538M (+296.9%) Shares 731,000 (+211.1%) Est. Cost — Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 16.6%

Value $538M (+108.5%) Shares 721,000 (+81.6%) Est. Cost — Unrealized —

GOOGL ALPHABET INC 4.1%

Value $132M (+894.2%) Shares 368,800 (+700.0%) Est. Cost — Unrealized —

AMD ADVANCED MICRO DEVICES INC 2.9%

Value $92.88M (+387.7%) Shares 159,888 (+70.8%) Est. Cost — Unrealized —

STX SEAGATE TECHNOLOGY HLDNGS PL 2.2%

Value $72.73M (+269.4%) Shares 75,373 (+49.9%) Est. Cost — Unrealized —

VRSN VERISIGN INC 1.7%

Value $54.93M (+827.3%) Shares 218,352 (+815.5%) Est. Cost — Unrealized —

VECO VEECO INSTRS INC DEL 0.6%

Value $18.83M (+820.9%) Shares 248,464 (+311.4%) Est. Cost — Unrealized —

FWONK LIBERTY MEDIA CORP DEL 0.9%

Value $30.02M (+95.9%) Shares 315,569 (+75.1%) Est. Cost — Unrealized —

FCX FREEPORT MCMORAN INC 0.7%

Value $21.17M (+116.1%) Shares 336,557 (+102.0%) Est. Cost — Unrealized —

ENTG ENTEGRIS INC 0.6%

Value $20.88M (+58.2%) Shares 116,073 (+3.1%) Est. Cost — Unrealized —

BIDU BAIDU INC 0.3%

Value $10.27M (+9.9%) Shares 89,830 (+7.2%) Est. Cost — Unrealized —

AZ A2Z CUST2MATE SOLUTIONS CORP 0.1%

Value $3.009M (-4.9%) Shares 516,927 (+8.9%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	731,000 (+211.1%)	$538M (+296.9%)	16.6%	—	—	PUT	46090E103
SPY	STATE STR SPDR S&P 500 ETF T	721,000 (+81.6%)	$538M (+108.5%)	16.6%	—	—	PUT	78462F103
GOOGL	ALPHABET INC	368,800 (+700.0%)	$132M (+894.2%)	4.1%	—	—	PUT	02079K305
AMD	ADVANCED MICRO DEVICES INC	159,888 (+70.8%)	$92.88M (+387.7%)	2.9%	—	—	COM	007903107
STX	SEAGATE TECHNOLOGY HLDNGS PL	75,373 (+49.9%)	$72.73M (+269.4%)	2.2%	—	—	ORD SHS	G7997R103
VRSN	VERISIGN INC	218,352 (+815.5%)	$54.93M (+827.3%)	1.7%	—	—	COM	92343E102
VECO	VEECO INSTRS INC DEL	248,464 (+311.4%)	$18.83M (+820.9%)	0.6%	—	—	COM	922417100
FWONK	LIBERTY MEDIA CORP DEL	315,569 (+75.1%)	$30.02M (+95.9%)	0.9%	—	—	COM LBTY ONE S C	531229755
FCX	FREEPORT MCMORAN INC	336,557 (+102.0%)	$21.17M (+116.1%)	0.7%	—	—	CL B	35671D857
ENTG	ENTEGRIS INC	116,073 (+3.1%)	$20.88M (+58.2%)	0.6%	—	—	COM	29362U104
BIDU	BAIDU INC	89,830 (+7.2%)	$10.27M (+9.9%)	0.3%	—	—	SPON ADR REP A	056752108
AZ	A2Z CUST2MATE SOLUTIONS CORP	516,927 (+8.9%)	$3.009M (-4.9%)	0.1%	—	—	COM	002205102

Exited Positions (30)

EQIX EQUINIX INC 3.8%

Value $124M Shares 126,000 Est. Cost — Unrealized —

IWM ISHARES TR 2.9%

Value $93M Shares 375,000 Est. Cost — Unrealized —

AMZN AMAZON COM INC 1.1%

Value $36.68M Shares 176,122 Est. Cost — Unrealized —

WMT WALMART INC 0.9%

Value $27.84M Shares 224,000 Est. Cost — Unrealized —

RKT ROCKET COS INC 0.8%

Value $25.46M Shares 1,786,841 Est. Cost — Unrealized —

TXN TEXAS INSTRS INC 0.8%

Value $25.01M Shares 128,805 Est. Cost — Unrealized —

TGT TARGET CORP 0.7%

Value $21.82M Shares 180,000 Est. Cost — Unrealized —

C CITIGROUP INC 0.7%

Value $21.55M Shares 190,000 Est. Cost — Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.6%

Value $18.87M Shares 55,842 Est. Cost — Unrealized —

FIGR FIGURE TECHNOLOGY SOLUTIO 0.6%

Value $18.43M Shares 542,921 Est. Cost — Unrealized —

W WAYFAIR INC 0.6%

Value $18.31M Shares 243,400 Est. Cost — Unrealized —

FDX FEDEX CORP 0.5%

Value $16.03M Shares 45,000 Est. Cost — Unrealized —

CAT CATERPILLAR INC 0.5%

Value $15.94M Shares 22,500 Est. Cost — Unrealized —

COHR COHERENT CORP 0.5%

Value $15.79M Shares 66,276 Est. Cost — Unrealized —

WFC WELLS FARGO & CO 0.5%

Value $15.13M Shares 190,000 Est. Cost — Unrealized —

ZM ZOOM COMMUNICATIONS INC 0.4%

Value $12.7M Shares 158,000 Est. Cost — Unrealized —

BE BLOOM ENERGY CORP 0.4%

Value $12.55M Shares 92,621 Est. Cost — Unrealized —

TSEM TOWER SEMICONDUCTOR LTD 0.4%

Value $12.15M Shares 69,225 Est. Cost — Unrealized —

UBER UBER TECHNOLOGIES INC 0.4%

Value $12.01M Shares 166,940 Est. Cost — Unrealized —

NU NU HLDGS LTD 0.4%

Value $11.97M Shares 832,856 Est. Cost — Unrealized —

IMAX IMAX CORP 0.3%

Value $11.28M Shares 296,795 Est. Cost — Unrealized —

GRAB GRAB HOLDINGS LIMITED 0.3%

Value $10.55M Shares 2,882,626 Est. Cost — Unrealized —

AKAM AKAMAI TECHNOLOGIES INC 0.3%

Value $9.062M Shares 78,905 Est. Cost — Unrealized —

CPNG COUPANG INC 0.3%

Value $9.044M Shares 479,018 Est. Cost — Unrealized —

COIN COINBASE GLOBAL INC 0.3%

Value $8.294M Shares 47,500 Est. Cost — Unrealized —

ARM ARM HOLDINGS PLC 0.2%

Value $6.354M Shares 42,000 Est. Cost — Unrealized —

VNET VNET GROUP INC 0.2%

Value $5.622M Shares 670,112 Est. Cost — Unrealized —

WRBY WARBY PARKER INC 0.2%

Value $5.509M Shares 261,442 Est. Cost — Unrealized —

PICS PICS NV 0.1%

Value $4.845M Shares 463,645 Est. Cost — Unrealized —

ARRY ARRAY TECHNOLOGIES INC 0.1%

Value $2.188M Shares 302,606 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EQIX	EQUINIX INC	126,000	$124M	3.8%	—	—	CALL	29444U700
IWM	ISHARES TR	375,000	$93M	2.9%	—	—	PUT	464287655
AMZN	AMAZON COM INC	176,122	$36.68M	1.1%	—	—	—	023135106
WMT	WALMART INC	224,000	$27.84M	0.9%	—	—	PUT	931142103
RKT	ROCKET COS INC	1,786,841	$25.46M	0.8%	—	—	—	77311W101
TXN	TEXAS INSTRS INC	128,805	$25.01M	0.8%	—	—	—	882508104
TGT	TARGET CORP	180,000	$21.82M	0.7%	—	—	PUT	87612E106
C	CITIGROUP INC	190,000	$21.55M	0.7%	—	—	PUT	172967424
TSM	TAIWAN SEMICONDUCTOR MANUFAC	55,842	$18.87M	0.6%	—	—	—	874039100
FIGR	FIGURE TECHNOLOGY SOLUTIO	542,921	$18.43M	0.6%	—	—	—	349381103
W	WAYFAIR INC	243,400	$18.31M	0.6%	—	—	—	94419L101
FDX	FEDEX CORP	45,000	$16.03M	0.5%	—	—	PUT	31428X106
CAT	CATERPILLAR INC	22,500	$15.94M	0.5%	—	—	PUT	149123101
COHR	COHERENT CORP	66,276	$15.79M	0.5%	—	—	—	19247G107
WFC	WELLS FARGO & CO	190,000	$15.13M	0.5%	—	—	PUT	949746101
ZM	ZOOM COMMUNICATIONS INC	158,000	$12.7M	0.4%	—	—	—	98980L101
BE	BLOOM ENERGY CORP	92,621	$12.55M	0.4%	—	—	—	093712107
TSEM	TOWER SEMICONDUCTOR LTD	69,225	$12.15M	0.4%	—	—	—	M87915274
UBER	UBER TECHNOLOGIES INC	166,940	$12.01M	0.4%	—	—	—	90353T100
NU	NU HLDGS LTD	832,856	$11.97M	0.4%	—	—	—	G6683N103
IMAX	IMAX CORP	296,795	$11.28M	0.3%	—	—	—	45245E109
GRAB	GRAB HOLDINGS LIMITED	2,882,626	$10.55M	0.3%	—	—	—	G4124C109
AKAM	AKAMAI TECHNOLOGIES INC	78,905	$9.062M	0.3%	—	—	—	00971T101
CPNG	COUPANG INC	479,018	$9.044M	0.3%	—	—	—	22266T109
COIN	COINBASE GLOBAL INC	47,500	$8.294M	0.3%	—	—	PUT	19260Q107
ARM	ARM HOLDINGS PLC	42,000	$6.354M	0.2%	—	—	—	042068205
VNET	VNET GROUP INC	670,112	$5.622M	0.2%	—	—	—	90138A103
WRBY	WARBY PARKER INC	261,442	$5.509M	0.2%	—	—	—	93403J106
PICS	PICS NV	463,645	$4.845M	0.1%	—	—	—	N69958101
ARRY	ARRAY TECHNOLOGIES INC	302,606	$2.188M	0.1%	—	—	—	04271T100

Decreased Positions (10)

SMH VANECK ETF TRUST 6.3%

Value $203M (+54.4%) Shares 310,000 (-9.8%) Est. Cost — Unrealized —

EQIX EQUINIX INC 3.5%

Value $113M (-12.3%) Shares 108,800 (-17.5%) Est. Cost — Unrealized —

GDS GDS HLDGS LTD 0.2%

Value $7.986M (-60.2%) Shares 265,928 (-46.6%) Est. Cost — Unrealized —

WMB WILLIAMS COS INC 0.8%

Value $25.66M (-29.4%) Shares 345,109 (-30.8%) Est. Cost — Unrealized —

STM STMICROELECTRONICS N V 1.2%

Value $39.51M (+36.3%) Shares 527,522 (-37.1%) Est. Cost — Unrealized —

AMAT APPLIED MATLS INC 1.2%

Value $39.07M (+36.2%) Shares 54,033 (-35.6%) Est. Cost — Unrealized —

ASML ASML HLDG NV 0.8%

Value $25.69M (-17.4%) Shares 12,915 (-45.2%) Est. Cost — Unrealized —

EQT EQT CORP 0.6%

Value $18.54M (-21.8%) Shares 348,633 (-6.4%) Est. Cost — Unrealized —

CORZ CORE SCIENTIFIC INC NEW 0.4%

Value $12.02M (+24.4%) Shares 469,798 (-27.3%) Est. Cost — Unrealized —

SHLS SHOALS TECHNOLOGIES GROUP IN 0.4%

Value $12.71M (-3.1%) Shares 1,284,065 (-35.6%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SMH	VANECK ETF TRUST	310,000 (-9.8%)	$203M (+54.4%)	6.3%	—	—	PUT	92189F676
EQIX	EQUINIX INC	108,800 (-17.5%)	$113M (-12.3%)	3.5%	—	—	COM	29444U700
GDS	GDS HLDGS LTD	265,928 (-46.6%)	$7.986M (-60.2%)	0.2%	—	—	SPONSORED ADS	36165L108
WMB	WILLIAMS COS INC	345,109 (-30.8%)	$25.66M (-29.4%)	0.8%	—	—	COM	969457100
STM	STMICROELECTRONICS N V	527,522 (-37.1%)	$39.51M (+36.3%)	1.2%	—	—	NY REGISTRY	861012102
AMAT	APPLIED MATLS INC	54,033 (-35.6%)	$39.07M (+36.2%)	1.2%	—	—	COM	038222105
ASML	ASML HLDG NV	12,915 (-45.2%)	$25.69M (-17.4%)	0.8%	—	—	NY REGISTRY SHS	N07059210
EQT	EQT CORP	348,633 (-6.4%)	$18.54M (-21.8%)	0.6%	—	—	COM	26884L109
CORZ	CORE SCIENTIFIC INC NEW	469,798 (-27.3%)	$12.02M (+24.4%)	0.4%	—	—	COM	21874A106
SHLS	SHOALS TECHNOLOGIES GROUP IN	1,284,065 (-35.6%)	$12.71M (-3.1%)	0.4%	—	—	CL A	82489W107