Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVCT	NUVECTIS PHARMA INC	777,078 (+19.2%)	$14.29M (+183.6%)	4.9%	$9.23	—	COM	67080T108
PGEN	PRECIGEN INC	4,031,963 (+12.2%)	$22.98M (+65.3%)	7.9%	$3.48	—	COM	74017N105
HLF	HERBALIFE LTD	2,078,280 (+28.2%)	$27.33M (+14.5%)	9.4%	$14.68	—	COM SHS	G4412G101
AMRZ	AMRIZE LTD	51,501 (+313.4%)	$2.745M (+293.3%)	0.9%	$54.22	—	SHS	H2927K103
POST	POST HLDGS INC	224,893 (+23.6%)	$19.85M (+10.3%)	6.8%	$82.72	—	COM	737446104
LPLA	LPL FINL HLDGS INC	27,247 (+39.6%)	$7.675M (+30.7%)	2.6%	$257.63	—	COM	50212V100
NKTR	NEKTAR THERAPEUTICS	38,802 (+23.9%)	$2.709M (+20.2%)	0.9%	$54.38	—	COM NEW	640268306
ICE	INTERCONTINENTAL EXCHANGE IN	16,981 (+9.4%)	$2.091M (-14.3%)	0.7%	$99.97	—	COM	45866F104
BRBR	BELLRING BRANDS INC	284,929 (+27.8%)	$3.687M (+2.8%)	1.3%	$20.19	—	COMMON STOCK	07831C103

Exited Positions (3)

CRL CHARLES RIV LABS INTL INC 0.6%

Value $1.698M Shares 9,845 Est. Cost $202.24 Unrealized —

YOU CLEAR SECURE INC 0.4%

Value $1.04M Shares 21,478 Est. Cost $19.66 Unrealized —

ELTX ELICIO THERAPEUTICS INC 0.1%

Value $321K Shares 30,051 Est. Cost $8.43 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CRL	CHARLES RIV LABS INTL INC	9,845	$1.698M	0.6%	$202.24	—	—	159864107
YOU	CLEAR SECURE INC	21,478	$1.04M	0.4%	$19.66	—	—	18467V109
ELTX	ELICIO THERAPEUTICS INC	30,051	$321K	0.1%	$8.43	—	—	28657F103

Decreased Positions (26)

ACVA ACV AUCTIONS INC 11.3%

Value $32.91M (+49.3%) Shares 4,577,721 (-12.0%) Est. Cost $10.62 Unrealized —

HGV HILTON GRAND VACATIONS INC 8.3%

Value $24.12M (+27.1%) Shares 460,596 (-5.1%) Est. Cost $42.35 Unrealized —

FLEX FLEX LTD 3.0%

Value $8.665M (+80.8%) Shares 53,467 (-27.0%) Est. Cost $10.20 Unrealized —

LAD LITHIA MTRS INC 6.4%

Value $18.55M (+13.3%) Shares 63,863 (-2.6%) Est. Cost $299.03 Unrealized —

ENR ENERGIZER HLDGS INC 0.5%

Value $1.456M (-56.9%) Shares 67,913 (-67.0%) Est. Cost $21.37 Unrealized —

NESR NATIONAL ENERGY SERVICES REU 2.3%

Value $6.802M (+35.1%) Shares 227,266 (-3.1%) Est. Cost $8.68 Unrealized —

RTO RENTOKIL INITIAL PLC 1.5%

Value $4.236M (-28.7%) Shares 148,070 (-21.6%) Est. Cost $27.81 Unrealized —

ON ON SEMICONDUCTOR CORP 2.4%

Value $6.899M (+26.8%) Shares 72,979 (-17.0%) Est. Cost $56.56 Unrealized —

CLVT CLARIVATE PLC 1.2%

Value $3.53M (-22.0%) Shares 1,634,309 (-8.6%) Est. Cost $5.89 Unrealized —

TGTX TG THERAPEUTICS INC 0.5%

Value $1.521M (-39.2%) Shares 27,689 (-63.2%) Est. Cost $22.86 Unrealized —

BILL BILL HOLDINGS INC 2.3%

Value $6.792M (-10.8%) Shares 187,831 (-5.5%) Est. Cost $58.06 Unrealized —

ESI ELEMENT SOLUTIONS INC 3.0%

Value $8.82M (+9.3%) Shares 184,702 (-21.8%) Est. Cost $19.59 Unrealized —

MOH MOLINA HEALTHCARE INC 0.1%

Value $353K (-66.2%) Shares 1,542 (-80.3%) Est. Cost $184.06 Unrealized —

SLB SLB LIMITED 0.7%

Value $2.042M (-25.0%) Shares 43,927 (-17.0%) Est. Cost $34.34 Unrealized —

KPLT KATAPULT HOLDINGS INC 2.0%

Value $5.77M (-8.9%) Shares 872,856 (-2.7%) Est. Cost $10.44 Unrealized —

ELV ELEVANCE HEALTH INC FORMERLY 2.0%

Value $5.797M (-8.4%) Shares 14,989 (-30.7%) Est. Cost $357.16 Unrealized —

QSR RESTAURANT BRANDS INTL INC 0.6%

Value $1.732M (-21.4%) Shares 23,890 (-19.9%) Est. Cost $62.28 Unrealized —

BKR BAKER HUGHES COMPANY 0.9%

Value $2.585M (-14.1%) Shares 46,580 (-5.6%) Est. Cost $23.12 Unrealized —

AXSM AXSOME THERAPEUTICS INC. 4.0%

Value $11.73M (+2.8%) Shares 47,924 (-29.0%) Est. Cost $65.79 Unrealized —

CCK CROWN HLDGS INC 1.7%

Value $5.024M (+5.4%) Shares 44,931 (-5.5%) Est. Cost $91.12 Unrealized —

LH LABCORP HOLDINGS INC 0.2%

Value $496K (-34.3%) Shares 1,771 (-37.4%) Est. Cost $200.95 Unrealized —

GEN GEN DIGITAL INC 1.3%

Value $3.791M (+6.3%) Shares 152,306 (-19.6%) Est. Cost $24.10 Unrealized —

Z ZILLOW GROUP INC 0.2%

Value $536K (-28.2%) Shares 17,013 (-5.7%) Est. Cost $54.64 Unrealized —

KKR KKR & CO INC 0.9%

Value $2.721M (-6.2%) Shares 29,647 (-5.5%) Est. Cost $72.74 Unrealized —

RH RH 0.3%

Value $941K (+11.0%) Shares 5,714 (-5.8%) Est. Cost $189.83 Unrealized —

BALL BALL CORP 0.7%

Value $2.068M (-0.3%) Shares 33,139 (-5.5%) Est. Cost $50.41 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ACVA	ACV AUCTIONS INC	4,577,721 (-12.0%)	$32.91M (+49.3%)	11.3%	$10.62	—	COM CL A	00091G104
HGV	HILTON GRAND VACATIONS INC	460,596 (-5.1%)	$24.12M (+27.1%)	8.3%	$42.35	—	COM	43283X105
FLEX	FLEX LTD	53,467 (-27.0%)	$8.665M (+80.8%)	3.0%	$10.20	—	ORD	Y2573F102
LAD	LITHIA MTRS INC	63,863 (-2.6%)	$18.55M (+13.3%)	6.4%	$299.03	—	COM	536797103
ENR	ENERGIZER HLDGS INC	67,913 (-67.0%)	$1.456M (-56.9%)	0.5%	$21.37	—	COM	29272W109
NESR	NATIONAL ENERGY SERVICES REU	227,266 (-3.1%)	$6.802M (+35.1%)	2.3%	$8.68	—	SHS	G6375R107
RTO	RENTOKIL INITIAL PLC	148,070 (-21.6%)	$4.236M (-28.7%)	1.5%	$27.81	—	SPONSORED ADR	760125104
ON	ON SEMICONDUCTOR CORP	72,979 (-17.0%)	$6.899M (+26.8%)	2.4%	$56.56	—	COM	682189105
CLVT	CLARIVATE PLC	1,634,309 (-8.6%)	$3.53M (-22.0%)	1.2%	$5.89	—	ORD SHS	G21810109
TGTX	TG THERAPEUTICS INC	27,689 (-63.2%)	$1.521M (-39.2%)	0.5%	$22.86	—	COM	88322Q108
BILL	BILL HOLDINGS INC	187,831 (-5.5%)	$6.792M (-10.8%)	2.3%	$58.06	—	COM	090043100
ESI	ELEMENT SOLUTIONS INC	184,702 (-21.8%)	$8.82M (+9.3%)	3.0%	$19.59	—	COM	28618M106
MOH	MOLINA HEALTHCARE INC	1,542 (-80.3%)	$353K (-66.2%)	0.1%	$184.06	—	COM	60855R100
SLB	SLB LIMITED	43,927 (-17.0%)	$2.042M (-25.0%)	0.7%	$34.34	—	COM STK	806857108
KPLT	KATAPULT HOLDINGS INC	872,856 (-2.7%)	$5.77M (-8.9%)	2.0%	$10.44	—	COM NEW	485859201
ELV	ELEVANCE HEALTH INC FORMERLY	14,989 (-30.7%)	$5.797M (-8.4%)	2.0%	$357.16	—	COM	036752103
QSR	RESTAURANT BRANDS INTL INC	23,890 (-19.9%)	$1.732M (-21.4%)	0.6%	$62.28	—	COM	76131D103
BKR	BAKER HUGHES COMPANY	46,580 (-5.6%)	$2.585M (-14.1%)	0.9%	$23.12	—	CL A	05722G100
AXSM	AXSOME THERAPEUTICS INC.	47,924 (-29.0%)	$11.73M (+2.8%)	4.0%	$65.79	—	COM	05464T104
CCK	CROWN HLDGS INC	44,931 (-5.5%)	$5.024M (+5.4%)	1.7%	$91.12	—	COM	228368106
LH	LABCORP HOLDINGS INC	1,771 (-37.4%)	$496K (-34.3%)	0.2%	$200.95	—	COM SHS	504922105
GEN	GEN DIGITAL INC	152,306 (-19.6%)	$3.791M (+6.3%)	1.3%	$24.10	—	COM	668771108
Z	ZILLOW GROUP INC	17,013 (-5.7%)	$536K (-28.2%)	0.2%	$54.64	—	CL C CAP STK	98954M200
KKR	KKR & CO INC	29,647 (-5.5%)	$2.721M (-6.2%)	0.9%	$72.74	—	COM	48251W104
RH	RH	5,714 (-5.8%)	$941K (+11.0%)	0.3%	$189.83	—	COM	74967X103
BALL	BALL CORP	33,139 (-5.5%)	$2.068M (-0.3%)	0.7%	$50.41	—	COM	058498106

Unchanged Positions (4)

TNL TRAVEL PLUS LEISURE CO 5.2%

Value $15M Shares 196,202 Est. Cost $43.33 Unrealized —

BCTX BRIACELL THERAPEUTICS CORP 0.1%

Value $211K Shares 65,000 Est. Cost $4.99 Unrealized —

DBRG DIGITALBRIDGE GROUP INC 0.2%

Value $624K Shares 39,518 Est. Cost $16.40 Unrealized —

BCTXL BRIACELL THERAPEUTICS CORP 0.0%

Value $57,850 Shares 65,000 Est. Cost $1.03 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TNL	TRAVEL PLUS LEISURE CO	196,202	$15M	5.2%	$43.33	—	COM	894164102
BCTX	BRIACELL THERAPEUTICS CORP	65,000	$211K	0.1%	$4.99	—	COM	107930307
DBRG	DIGITALBRIDGE GROUP INC	39,518	$624K	0.2%	$16.40	—	CL A NEW	25401T603
BCTXL	BRIACELL THERAPEUTICS CORP	65,000	$57,850	0.0%	$1.03	—	*W EXP 01/15/203	107930125