Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ALK	ALASKA AIR GROUP INC	130,000	$1.437M	0.5%	$52.50	0.0%	COM	011659109
SPOT	SPOTIFY TECHNOLOGY S A	17,000	$1.289M	0.4%	$497.31	0.0%	SHS	L8681T102
AMZN	AMAZON COM INC	75,000	$1.129M	0.4%	$226.83	0.0%	COM	023135106
BSX	BOSTON SCIENTIFIC CORP	5,000	$915K	0.3%	$85.82	0.0%	COM	101137107
DASH	DOORDASH INC	4,000	$833K	0.3%	$196.68	0.0%	CL A	25809K105
KKR	KKR & CO INC	5,500	$826K	0.3%	$114.76	0.0%	COM	48251W104
OLED	UNIVERSAL DISPLAY CORP	2,100	$777K	0.3%	$118.89	0.0%	COM	91347P105
NFLX	NETFLIX INC.	1,500	$691K	0.2%	$83.84	0.0%	COM	64110L106
MSFT	MICROSOFT CORP	150,000	$617K	0.2%	$434.61	0.0%	COM	594918104

Increased Positions (6)

REGN REGENERON PHARMACEUTICALS 0.2%

Value $648K (-53.4%) Shares 7,000 (+288.9%) Est. Cost $760.24 Unrealized +1.2%

AVAV AEROVIRONMENT INC 0.4%

Value $1.14M (+88.5%) Shares 10,000 (+300.0%) Est. Cost $300.93 Unrealized -1.5%

ELF E L F BEAUTY INC 0.2%

Value $688K (-28.2%) Shares 60,000 (+376.2%) Est. Cost $85.97 Unrealized -0.3%

ORCL ORACLE CORP 0.3%

Value $776K (+32.7%) Shares 45,000 (+1400.0%) Est. Cost $174.17 Unrealized -2.6%

COF CAPITAL ONE FINL CORP 0.9%

Value $2.56M (+5.6%) Shares 30,000 (+200.0%) Est. Cost $174.73 Unrealized +27.8%

ISRG INTUITIVE SURGICAL INC 0.3%

Value $753K (-11.4%) Shares 12,000 (+700.0%) Est. Cost $515.83 Unrealized +1.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
REGN	REGENERON PHARMACEUTICALS	7,000 (+288.9%)	$648K (-53.4%)	0.2%	$760.24	+1.2%	COM	75886F107
AVAV	AEROVIRONMENT INC	10,000 (+300.0%)	$1.14M (+88.5%)	0.4%	$300.93	-1.5%	COM	008073108
ELF	E L F BEAUTY INC	60,000 (+376.2%)	$688K (-28.2%)	0.2%	$85.97	-0.3%	COM	26856L103
ORCL	ORACLE CORP	45,000 (+1400.0%)	$776K (+32.7%)	0.3%	$174.17	-2.6%	COM	68389X105
COF	CAPITAL ONE FINL CORP	30,000 (+200.0%)	$2.56M (+5.6%)	0.9%	$174.73	+27.8%	COM	14040H105
ISRG	INTUITIVE SURGICAL INC	12,000 (+700.0%)	$753K (-11.4%)	0.3%	$515.83	+1.0%	COM NEW	46120E602

Exited Positions (3)

ALGN ALIGN TECHNOLOGY INC 0.4%

Value $1.093M Shares 7,000 Est. Cost $185.19 Unrealized -5.7%

PCG PG&E CORP 0.3%

Value $916K Shares 57,000 Est. Cost $16.45 Unrealized -0.4%

NOMD NOMAD FOODS LTD 0.2%

Value $626K Shares 50,000 Est. Cost $14.97 Unrealized -17.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ALGN	ALIGN TECHNOLOGY INC	7,000	$1.093M	0.4%	$185.19	-5.7%	—	016255101
PCG	PG&E CORP	57,000	$916K	0.3%	$16.45	-0.4%	—	69331C108
NOMD	NOMAD FOODS LTD	50,000	$626K	0.2%	$14.97	-17.5%	—	G6564A105

Decreased Positions (6)

SPRY ARS PHARMACEUTICALS INC 0.6%

Value $1.711M (+167.0%) Shares 7,000 (-87.3%) Est. Cost $14.35 Unrealized -28.7%

WY WEYERHAEUSER CO 0.4%

Value $1.25M (+50.8%) Shares 13,000 (-62.9%) Est. Cost $22.99 Unrealized +3.5%

LNTH LANTHEUS HLDGS INC 0.3%

Value $764K (-32.5%) Shares 12,600 (-25.9%) Est. Cost $62.49 Unrealized +9.5%

COLD AMERICOLD REALTY TRUST INC 0.1%

Value $407K (-47.2%) Shares 6,500 (-89.2%) Est. Cost $12.34 Unrealized —

KVUE KENVUE INC 0.3%

Value $821K (+36.0%) Shares 4,500 (-87.1%) Est. Cost $20.06 Unrealized -12.0%

EOLS EVOLUS INC 0.3%

Value $883K (+6.3%) Shares 110,000 (-12.0%) Est. Cost $7.80 Unrealized -37.2%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPRY	ARS PHARMACEUTICALS INC	7,000 (-87.3%)	$1.711M (+167.0%)	0.6%	$14.35	-28.7%	COM	82835W108
WY	WEYERHAEUSER CO	13,000 (-62.9%)	$1.25M (+50.8%)	0.4%	$22.99	+3.5%	COM NEW	962166104
LNTH	LANTHEUS HLDGS INC	12,600 (-25.9%)	$764K (-32.5%)	0.3%	$62.49	+9.5%	COM	516544103
COLD	AMERICOLD REALTY TRUST INC	6,500 (-89.2%)	$407K (-47.2%)	0.1%	$12.34	—	COM	03064D108
KVUE	KENVUE INC	4,500 (-87.1%)	$821K (+36.0%)	0.3%	$20.06	-12.0%	COM	49177J102
EOLS	EVOLUS INC	110,000 (-12.0%)	$883K (+6.3%)	0.3%	$7.80	-37.2%	COM	30052C107

Unchanged Positions (9)

WFC WELLS FARGO & CO 42.7%

Value $127M Shares 1,600,626 Est. Cost $43.36 Unrealized +107.6%

AAT AMERICAN ASSETS TR INC 45.5%

Value $136M Shares 7,374,599 Est. Cost $26.26 Unrealized —

XOM EXXON MOBIL CORP 2.0%

Value $5.938M Shares 35,000 Est. Cost $38.97 Unrealized +256.0%

BAC BANK AMERICA CORP 1.4%

Value $4.266M Shares 87,500 Est. Cost $23.66 Unrealized +126.8%

CVX CHEVRON CORPORATION 0.3%

Value $1.034M Shares 5,000 Est. Cost $76.00 Unrealized +126.1%

TFC TRUIST FINL CORP 0.2%

Value $460K Shares 10,000 Est. Cost $35.66 Unrealized +43.4%

BUD ANHEUSER BUSCH INBEV SA NV 0.1%

Value $347K Shares 5,000 Est. Cost $49.30 Unrealized —

TD TORONTO DOMINION BK ONT 0.5%

Value $1.4M Shares 15,000 Est. Cost $50.68 Unrealized +88.0%

SPG SIMON PPTY GROUP INC NEW 0.3%

Value $933K Shares 5,000 Est. Cost $86.10 Unrealized +113.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WFC	WELLS FARGO & CO	1,600,626	$127M	42.7%	$43.36	+107.6%	COM	949746101
AAT	AMERICAN ASSETS TR INC	7,374,599	$136M	45.5%	$26.26	—	COM	024013104
XOM	EXXON MOBIL CORP	35,000	$5.938M	2.0%	$38.97	+256.0%	COM	30231G102
BAC	BANK AMERICA CORP	87,500	$4.266M	1.4%	$23.66	+126.8%	COM	060505104
CVX	CHEVRON CORPORATION	5,000	$1.034M	0.3%	$76.00	+126.1%	COM	166764100
TFC	TRUIST FINL CORP	10,000	$460K	0.2%	$35.66	+43.4%	COM	89832Q109
BUD	ANHEUSER BUSCH INBEV SA NV	5,000	$347K	0.1%	$49.30	—	SPONSORED ADR	03524A108
TD	TORONTO DOMINION BK ONT	15,000	$1.4M	0.5%	$50.68	+88.0%	COM NEW	891160509
SPG	SIMON PPTY GROUP INC NEW	5,000	$933K	0.3%	$86.10	+113.7%	COM	828806109