Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CCL	CARNIVAL CORP LTD	525,740	$15.02M	4.7%	$28.57	—	COMMON SHARES	G2004J103
GEHC	GE HEALTHCARE TECHNOLOGIES I	213,571	$13.67M	4.3%	$64.01	—	COMMON STOCK	36266G107
HON	HONEYWELL INTL INC	34,184	$7.654M	2.4%	$223.90	—	COM	438516205
HONA	HONEYWELL AEROSPACE INC	34,148	$7.549M	2.4%	$221.08	—	COM	43849R105
SOXX	ISHARES TR	5,000	$3.204M	1.0%	—	—	PUT	464287523
EWY	ISHARES INC	5,000	$1.096M	0.3%	—	—	PUT	464286772

Increased Positions (4)

COMP COMPASS INC 11.8%

Value $37.44M (+82.5%) Shares 3,036,645 (+8.2%) Est. Cost $8.75 Unrealized —

CPT CAMDEN PPTY TR 8.3%

Value $26.32M (+50.3%) Shares 229,889 (+28.2%) Est. Cost $105.64 Unrealized —

TOST TOAST INC 5.5%

Value $17.32M (+72.2%) Shares 622,725 (+64.1%) Est. Cost $29.77 Unrealized —

GENI GENIUS SPORTS LIMITED 5.4%

Value $17.22M (+52.6%) Shares 2,842,205 (+11.6%) Est. Cost $8.11 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
COMP	COMPASS INC	3,036,645 (+8.2%)	$37.44M (+82.5%)	11.8%	$8.75	—	CL A	20464U100
CPT	CAMDEN PPTY TR	229,889 (+28.2%)	$26.32M (+50.3%)	8.3%	$105.64	—	SH BEN INT	133131102
TOST	TOAST INC	622,725 (+64.1%)	$17.32M (+72.2%)	5.5%	$29.77	—	CL A	888787108
GENI	GENIUS SPORTS LIMITED	2,842,205 (+11.6%)	$17.22M (+52.6%)	5.4%	$8.11	—	SHARES CL A	G3934V109

Exited Positions (9)

CCL CARNIVAL CORP 7.1%

Value $22.49M Shares 869,152 Est. Cost $19.29 Unrealized —

MBC MASTERBRAND INC 4.3%

Value $13.71M Shares 1,649,501 Est. Cost $14.05 Unrealized —

PYPL PAYPAL HLDGS INC 3.8%

Value $12M Shares 265,381 Est. Cost $60.80 Unrealized —

SRAD SPORTRADAR GROUP AG 3.4%

Value $10.93M Shares 652,875 Est. Cost $18.68 Unrealized —

BIL SPDR SERIES TRUST 2.5%

Value $8.101M Shares 88,395 Est. Cost $91.64 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value $292K Shares 610 Est. Cost $376.71 Unrealized —

COST COSTCO WHOLESALE CORPORATION 0.1%

Value $279K Shares 280 Est. Cost $990.72 Unrealized —

AAPL APPLE INC 0.1%

Value $259K Shares 1,019 Est. Cost $201.41 Unrealized —

GOOGL ALPHABET INC 0.1%

Value $216K Shares 750 Est. Cost $285.60 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CCL	CARNIVAL CORP	869,152	$22.49M	7.1%	$19.29	—	—	143658300
MBC	MASTERBRAND INC	1,649,501	$13.71M	4.3%	$14.05	—	—	57638P104
PYPL	PAYPAL HLDGS INC	265,381	$12M	3.8%	$60.80	—	—	70450Y103
SRAD	SPORTRADAR GROUP AG	652,875	$10.93M	3.4%	$18.68	—	—	H8088L103
BIL	SPDR SERIES TRUST	88,395	$8.101M	2.5%	$91.64	—	—	78468R663
BRK/B	BERKSHIRE HATHAWAY INC DEL	610	$292K	0.1%	$376.71	—	—	084670702
COST	COSTCO WHOLESALE CORPORATION	280	$279K	0.1%	$990.72	—	—	22160K105
AAPL	APPLE INC	1,019	$259K	0.1%	$201.41	—	—	037833100
GOOGL	ALPHABET INC	750	$216K	0.1%	$285.60	—	—	02079K305

Decreased Positions (2)

GTLS CHART INDS INC 3.1%

Value $9.77M (-43.3%) Shares 46,760 (-43.9%) Est. Cost $138.24 Unrealized —

AESI ATLAS ENERGY SOLUTIONS INC 4.8%

Value $15.41M (-1.7%) Shares 927,651 (-22.4%) Est. Cost $10.11 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GTLS	CHART INDS INC	46,760 (-43.9%)	$9.77M (-43.3%)	3.1%	$138.24	—	COM	16115Q308
AESI	ATLAS ENERGY SOLUTIONS INC	927,651 (-22.4%)	$15.41M (-1.7%)	4.8%	$10.11	—	COM NEW	642045108

Unchanged Positions (7)

SN SHARKNINJA INC 10.0%

Value $31.8M Shares 208,837 Est. Cost $93.78 Unrealized —

OSW ONESPAWORLD HOLDINGS LIMITED 7.9%

Value $25.17M Shares 891,202 Est. Cost $14.19 Unrealized —

SHOO MADDEN STEVEN LTD 5.9%

Value $18.65M Shares 443,063 Est. Cost $25.83 Unrealized —

PR PERMIAN RESOURCES CORP 3.5%

Value $11.06M Shares 600,590 Est. Cost $13.66 Unrealized —

NU NU HLDGS LTD 7.1%

Value $22.58M Shares 1,690,430 Est. Cost $10.97 Unrealized —

LUXE LUXEXPERIENCE BV 3.0%

Value $9.47M Shares 1,274,532 Est. Cost $8.29 Unrealized —

UBER UBER TECHNOLOGIES INC 8.6%

Value $27.39M Shares 379,552 Est. Cost $37.19 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SN	SHARKNINJA INC	208,837	$31.8M	10.0%	$93.78	—	COM SHS	G8068L108
OSW	ONESPAWORLD HOLDINGS LIMITED	891,202	$25.17M	7.9%	$14.19	—	COM	P73684113
SHOO	MADDEN STEVEN LTD	443,063	$18.65M	5.9%	$25.83	—	COM	556269108
PR	PERMIAN RESOURCES CORP	600,590	$11.06M	3.5%	$13.66	—	CLASS A COM	71424F105
NU	NU HLDGS LTD	1,690,430	$22.58M	7.1%	$10.97	—	ORD SHS CL A	G6683N103
LUXE	LUXEXPERIENCE BV	1,274,532	$9.47M	3.0%	$8.29	—	SPONSORED ADS	55406W103
UBER	UBER TECHNOLOGIES INC	379,552	$27.39M	8.6%	$37.19	—	COM	90353T100