CREDIT INDUSTRIEL ET COMMERCIAL Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RNA	AVIDITY BIOSCIENCES INC	168,000	$12,118	0.9%	$64.59	0.0%	COM	05370A108
—	DEXCOM INC	12,500,000	$11,394	0.9%	$0.91	—	NOTE 0.375% 5/1	252131AM9
—	AVADEL PHARMACEUTICALS PLC	522,034	$11,250	0.9%	$21.55	—	COM SHS	G29687103
HOLX	HOLOGIC INC	147,250	$10,969	0.8%	$73.07	0.0%	COM	436440101
—	SHIFT4 PMTS INC	125,000	$10,258	0.8%	$82.06	—	6 SER A CNV PREF	82452J307
BHF	BRIGHTHOUSE FINL INC	155,196	$10,055	0.8%	$58.76	0.0%	COM	10922N103
XLF	SELECT SECTOR SPDR TR	172,000	$9,420	0.7%	$54.77	—	PUT	81369Y605
IJH	ISHARES TR	100,000	$6,600	0.5%	$66.00	—	PUT	464287507
—	ANYWHERE REAL ESTATE INC	450,000	$6,372	0.5%	$14.16	—	COM	75605Y106
—	GLOBAL PMTS INC	7,000,000	$6,219	0.5%	$0.89	—	NOTE 1.500% 3/0	37940XAU6
CSGS	CSG SYS INTL INC	75,467	$5,788	0.4%	$73.52	0.0%	COM	126349109
TGNA	TEGNA INC	297,279	$5,770	0.4%	$19.76	0.0%	COM	87901J105
QRVO	QORVO INC	61,800	$5,223	0.4%	$88.25	0.0%	COM	74736K101
—	CIDARA THERAPEUTICS INC	22,500	$4,970	0.4%	$220.89	—	COM NEW	171757206
—	AKAMAI TECHNOLOGIES INC	5,000,000	$4,949	0.4%	$0.99	—	NOTE 1.125% 2/1	00971TAN1
EFA	ISHARES TR	50,000	$4,802	0.4%	$96.03	—	PUT	464287465
—	ALARM COM HLDGS INC	5,000,000	$4,744	0.4%	$0.95	—	NOTE 2.250% 6/0	011642AD7
FOLD	AMICUS THERAPEUTICS INC	240,000	$3,418	0.3%	$9.82	0.0%	COM	03152W109
—	JAMF HLDG CORP	253,079	$3,293	0.3%	$13.01	—	COM	47074L105
—	LIVE NATION ENTERTAINMENT IN	3,000,000	$3,175	0.2%	$1.06	—	NOTE 2.875% 1/1	538034BC2
FFWM	FIRST FNDTN INC	480,040	$2,957	0.2%	$5.60	0.0%	COM	32026V104
EA	ELECTRONIC ARTS INC	11,900	$2,432	0.2%	$201.71	0.0%	COM	285512109
NVRI	ENVIRI CORP	130,000	$2,330	0.2%	$14.90	0.0%	COM	415864107
—	JAZZ INVESTMENTS I LTD	1,750,000	$2,328	0.2%	$1.33	—	NOTE 3.125% 9/1	472145AH4
—	SUPER MICRO COMPUTER INC	2,500,000	$2,231	0.2%	$0.89	—	NOTE 3.500% 3/0	86800UAB0
SWKH	SWK HLDGS CORP	125,000	$2,150	0.2%	$16.51	0.0%	COM NEW	78501P203
USB	US BANCORP DEL	39,900	$2,129	0.2%	$48.72	0.0%	PUT	902973304
KVUE	KENVUE INC	122,500	$2,113	0.2%	$16.26	0.0%	COM	49177J102
XLRE	SELECT SECTOR SPDR TR	50,000	$2,018	0.2%	$40.35	—	PUT	81369Y860
NGD	NEW GOLD INC CDA	212,500	$1,851	0.1%	$7.53	0.0%	COM	644535106
—	DENNYS CORP	288,285	$1,793	0.1%	$6.22	—	COM	24869P104
XLF	SELECT SECTOR SPDR TR	30,219	$1,655	0.1%	$54.77	—	STATE STREET FIN	81369Y605
XLRE	SELECT SECTOR SPDR TR	40,938	$1,652	0.1%	$40.35	—	STATE STREET REA	81369Y860
ARM	ARM HOLDINGS PLC	15,000	$1,640	0.1%	$109.31	—	PUT	042068205
IJH	ISHARES TR	23,677	$1,563	0.1%	$66.00	—	CORE S&P MCP ETF	464287507
DHIL	DIAMOND HILL INVT GROUP INC	8,800	$1,492	0.1%	$135.06	0.0%	COM NEW	25264R207
GIFI	GULF IS FABRICATION INC	119,999	$1,436	0.1%	$10.06	0.0%	COM	402307102
SEMR	SEMRUSH HLDGS INC	120,000	$1,427	0.1%	$9.37	0.0%	CL A COM	81686C104
EB	EVENTBRITE INC	320,000	$1,424	0.1%	$3.10	0.0%	COM CL A	29975E109
ORCL	ORACLE CORP	7,181	$1,400	0.1%	$238.05	0.0%	COM	68389X105
TM	TOYOTA MOTOR CORP	6,500	$1,391	0.1%	$214.06	—	PUT	892331307
XLI	SELECT SECTOR SPDR TR	8,800	$1,365	0.1%	$155.12	—	PUT	81369Y704
—	ASTRIA THERAPEUTICS INC	100,000	$1,309	0.1%	$13.09	—	COM	04635X102
RACE	FERRARI N V	3,456	$1,294	0.1%	$400.15	0.0%	COM	N3167Y103
GDOT	GREEN DOT CORP	100,000	$1,281	0.1%	$12.42	0.0%	CL A	39304D102
GDEN	GOLDEN ENTMT INC	46,280	$1,258	0.1%	$25.68	0.0%	COM	381013101
—	MERSANA THERAPEUTICS INC	41,392	$1,197	0.1%	$28.93	—	COM	59045L205
TEM	TEMPUS AI INC	20,000	$1,181	0.1%	$78.23	0.0%	PUT	88023B103
NSC	NORFOLK SOUTHN CORP	4,000	$1,155	0.1%	$288.62	0.0%	COM	655844108
QIPT	QUIPT HOME MEDICAL CORP	324,000	$1,144	0.1%	$2.65	0.0%	COM	74880P104
TEM	TEMPUS AI INC	18,352	$1,084	0.1%	$78.23	0.0%	CL A	88023B103
GRND	GRINDR INC	80,000	$1,083	0.1%	—	—	CALL	39854F101
FRGE	FORGE GLOBAL HOLDINGS INC	20,000	$891	0.1%	$33.80	0.0%	COM SHS	34629L202
—	HILLENBRAND INC	28,000	$888	0.1%	$31.72	—	COM	431571108
DECK	DECKERS OUTDOOR CORP	8,500	$881	0.1%	$93.73	0.0%	COM	243537107
GS	GOLDMAN SACHS GROUP INC	991	$871	0.1%	$813.35	0.0%	COM	38141G104
MRNA	MODERNA INC	25,000	$737	0.1%	$27.17	0.0%	PUT	60770K107
SEE	SEALED AIR CORP NEW	17,500	$725	0.1%	$38.57	0.0%	COM	81211K100
UDMY	UDEMY INC	102,400	$599	0.0%	$5.83	0.0%	COM	902685106
MOFG	MIDWESTONE FINL GROUP INC NE	15,194	$585	0.0%	$36.46	0.0%	COM	598511103
KBH	KB HOME	9,400	$530	0.0%	$61.14	0.0%	PUT	48666K109
ARM	ARM HOLDINGS PLC	4,603	$503	0.0%	$109.31	—	SPONSORED ADS	042068205
RIOT	RIOT PLATFORMS INC	35,000	$443	0.0%	$17.11	0.0%	PUT	767292105
—	TRUECAR INC	178,528	$403	0.0%	$2.26	—	COM	89785L107
EFA	ISHARES TR	3,701	$355	0.0%	$96.03	—	MSCI EAFE ETF	464287465
XLI	SELECT SECTOR SPDR TR	2,055	$319	0.0%	$155.12	—	STATE STREET IND	81369Y704
TSN	TYSON FOODS INC	5,000	$293	0.0%	$56.13	-2.7%	PUT	902494103
CORZ	CORE SCIENTIFIC INC NEW	20,000	$291	0.0%	$17.44	0.0%	PUT	21874A106
TM	TOYOTA MOTOR CORP	1,300	$278	0.0%	$214.06	—	ADS	892331307
SCHW	SCHWAB CHARLES CORP	2,600	$260	0.0%	$94.74	0.0%	PUT	808513105
KBH	KB HOME	4,544	$256	0.0%	$61.14	0.0%	COM	48666K109
EXAS	EXACT SCIENCES CORP	2,474	$251	0.0%	$80.31	0.0%	COM	30063P105
BAC	BANK AMERICA CORP	3,339	$184	0.0%	$52.67	0.0%	COM	060505104
RIOT	RIOT PLATFORMS INC	13,559	$172	0.0%	$17.11	0.0%	COM	767292105
USB	US BANCORP DEL	2,955	$158	0.0%	$48.72	0.0%	COM NEW	902973304
MRNA	MODERNA INC	5,097	$150	0.0%	$27.17	0.0%	COM	60770K107
CORZ	CORE SCIENTIFIC INC NEW	7,630	$111	0.0%	$17.44	0.0%	COM	21874A106
BMA	BANCO MACRO SA	1,000	$90	0.0%	$90.16	—	PUT	05961W105
SCHW	SCHWAB CHARLES CORP	555	$55	0.0%	$94.74	0.0%	COM	808513105
BMA	BANCO MACRO SA	355	$32	0.0%	$90.16	—	SPON ADR B	05961W105
XLV	SELECT SECTOR SPDR TR	200	$31	0.0%	$154.81	—	PUT	81369Y209
MICC	MAGNUM ICE CREAM CO NV	1,210	$19	0.0%	$15.68	0.0%	ORD SHS	N5505D105
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	63	$16	0.0%	$249.31	0.0%	COM	874054109
CHR	CHEER HLDG INC	4,539	$6	0.0%	$1.28	—	SHS CL A	G39973121
XLV	SELECT SECTOR SPDR TR	36	$6	0.0%	$154.81	—	STATE STREET HEA	81369Y209
VEEV	VEEVA SYS INC	2	$0	0.0%	$265.35	0.0%	CL A COM	922475108
EBAY	EBAY INC.	4	$0	0.0%	$86.37	0.0%	COM	278642103

Increased Positions (93)

SMH VANECK ETF TRUST 4.0%

Value ($000) $51,823 (+85.9%) Shares 143,900 (+68.5%) Est. Cost $323.49 Unrealized —

XLE SELECT SECTOR SPDR TR 4.6%

Value ($000) $59,876 (+28.4%) Shares 1,339,200 (+156.5%) Est. Cost $61.64 Unrealized —

KRE SPDR SERIES TRUST 1.3%

Value ($000) $16,533 (+186.1%) Shares 255,100 (+179.4%) Est. Cost $62.41 Unrealized —

XBI SPDR SERIES TRUST 1.8%

Value ($000) $23,118 (+65.3%) Shares 189,600 (+35.8%) Est. Cost $83.87 Unrealized —

XLB SELECT SECTOR SPDR TR 1.0%

Value ($000) $12,698 (+254.2%) Shares 280,000 (+600.0%) Est. Cost $48.78 Unrealized —

— PG&E CORP 1.5%

Value ($000) $19,337 (+76.9%) Shares 475,000 (+72.7%) Est. Cost $40.83 Unrealized —

XOP SPDR SERIES TRUST 1.4%

Value ($000) $18,623 (+76.1%) Shares 147,500 (+84.4%) Est. Cost $126.57 Unrealized —

AAPL APPLE INC 1.6%

Value ($000) $20,553 (+60.5%) Shares 75,600 (+50.3%) Est. Cost $236.91 Unrealized +13.3%

XLK SELECT SECTOR SPDR TR 1.5%

Value ($000) $20,012 (+59.5%) Shares 139,000 (+212.4%) Est. Cost $206.23 Unrealized —

CFLT CONFLUENT INC 0.6%

Value ($000) $7,288 (+36707.3%) Shares 241,000 (+24000.0%) Est. Cost $24.56 Unrealized -0.0%

RYAAY RYANAIR HOLDINGS PLC 1.1%

Value ($000) $14,115 (+88.4%) Shares 195,439 (+56.9%) Est. Cost $60.76 Unrealized —

QQQ INVESCO QQQ TR 1.9%

Value ($000) $24,572 (+36.4%) Shares 40,000 (+33.3%) Est. Cost — Unrealized —

— DAYFORCE INC 0.8%

Value ($000) $10,789 (+117.5%) Shares 156,004 (+116.7%) Est. Cost $65.79 Unrealized +4.6%

SMH VANECK ETF TRUST 0.5%

Value ($000) $6,579 (+347.7%) Shares 18,268 (+305.7%) Est. Cost $323.49 Unrealized —

WBD WARNER BROS DISCOVERY INC 0.5%

Value ($000) $6,052 (+342.7%) Shares 210,000 (+200.0%) Est. Cost $18.68 Unrealized +25.1%

RACE FERRARI N V 0.7%

Value ($000) $9,362 (+93.7%) Shares 25,000 (+150.0%) Est. Cost $400.15 Unrealized 0.0%

— MICROCHIP TECHNOLOGY INC. 0.6%

Value ($000) $8,079 (+112.5%) Shares 8,500,000 (+112.5%) Est. Cost $0.95 Unrealized —

XLY SELECT SECTOR SPDR TR 1.3%

Value ($000) $16,526 (+27.2%) Shares 138,400 (+155.4%) Est. Cost $158.93 Unrealized —

FCX FREEPORT-MCMORAN INC 0.3%

Value ($000) $3,565 (+6393.5%) Shares 70,200 (+4914.3%) Est. Cost $43.15 Unrealized +0.4%

GS GOLDMAN SACHS GROUP INC 0.3%

Value ($000) $4,307 (+350.7%) Shares 4,900 (+308.3%) Est. Cost $813.35 Unrealized 0.0%

CB CHUBB LIMITED 0.4%

Value ($000) $4,588 (+245.9%) Shares 14,700 (+212.8%) Est. Cost $281.06 Unrealized +4.0%

SOXX ISHARES TR 1.7%

Value ($000) $21,984 (+16.7%) Shares 73,000 (+5.0%) Est. Cost $188.17 Unrealized —

NOW SERVICENOW INC 0.2%

Value ($000) $3,140 (-48.3%) Shares 20,500 (+210.6%) Est. Cost $173.71 Unrealized -1.2%

ORCL ORACLE CORP 0.3%

Value ($000) $3,645 (+398.5%) Shares 18,700 (+619.2%) Est. Cost $238.05 Unrealized 0.0%

— FRONTIER COMMUNICATIONS PARE 0.7%

Value ($000) $9,629 (+39.6%) Shares 252,926 (+37.0%) Est. Cost $36.32 Unrealized —

PLYM PLYMOUTH INDL REIT INC 0.2%

Value ($000) $2,634 (+29393.4%) Shares 120,400 (+30000.0%) Est. Cost $21.88 Unrealized —

BAC BANK AMERICA CORP 0.3%

Value ($000) $3,300 (+326.4%) Shares 60,000 (+300.0%) Est. Cost $52.67 Unrealized 0.0%

TT TRANE TECHNOLOGIES PLC 0.3%

Value ($000) $4,515 (+114.0%) Shares 11,600 (+132.0%) Est. Cost $417.20 Unrealized -0.9%

PRA PROASSURANCE CORP 0.6%

Value ($000) $8,380 (+38.5%) Shares 346,854 (+37.5%) Est. Cost $23.35 Unrealized +3.0%

XOP SPDR SERIES TRUST 0.4%

Value ($000) $4,857 (+79.2%) Shares 38,468 (+87.6%) Est. Cost $126.57 Unrealized —

KRE SPDR SERIES TRUST 0.3%

Value ($000) $3,266 (+166.1%) Shares 50,396 (+159.9%) Est. Cost $62.41 Unrealized —

BBU BROOKFIELD BUSINESS PARTNERS 0.5%

Value ($000) $6,852 (+39.7%) Shares 194,668 (+29.4%) Est. Cost $33.20 Unrealized —

LI LI AUTO INC 0.2%

Value ($000) $2,159 (+581.5%) Shares 127,500 (+920.0%) Est. Cost $17.34 Unrealized —

ELME ELME COMMUNITIES 0.3%

Value ($000) $3,524 (+109.0%) Shares 202,516 (+102.5%) Est. Cost $17.13 Unrealized —

KWEB KRANESHARES TRUST 0.2%

Value ($000) $2,072 (+779.8%) Shares 60,862 (+985.5%) Est. Cost $33.95 Unrealized —

XLE SELECT SECTOR SPDR TR 0.8%

Value ($000) $10,522 (+19.8%) Shares 235,330 (+139.4%) Est. Cost $61.64 Unrealized —

— TRIPADVISOR INC 0.2%

Value ($000) $2,205 (+277.6%) Shares 2,245,000 (+274.2%) Est. Cost $0.97 Unrealized —

MET METLIFE INC 0.3%

Value ($000) $4,065 (+64.5%) Shares 51,500 (+71.7%) Est. Cost $78.40 Unrealized +0.7%

LI LI AUTO INC 0.1%

Value ($000) $1,631 (+1514.7%) Shares 96,335 (+2316.8%) Est. Cost $17.34 Unrealized —

— GUESS INC 0.3%

Value ($000) $3,496 (+76.8%) Shares 208,688 (+76.4%) Est. Cost $15.48 Unrealized —

TXNM TXNM ENERGY INC 0.6%

Value ($000) $7,376 (+24.2%) Shares 125,274 (+19.3%) Est. Cost $56.68 Unrealized +1.8%

AAPL APPLE INC 0.3%

Value ($000) $3,819 (+53.9%) Shares 14,049 (+44.1%) Est. Cost $236.91 Unrealized +13.3%

TT TRANE TECHNOLOGIES PLC 0.1%

Value ($000) $1,869 (+233.1%) Shares 4,803 (+261.1%) Est. Cost $417.20 Unrealized -0.9%

FXI ISHARES TR 0.1%

Value ($000) $1,476 (+629.2%) Shares 38,537 (+683.4%) Est. Cost $37.47 Unrealized —

XLB SELECT SECTOR SPDR TR 0.1%

Value ($000) $1,396 (+499.2%) Shares 30,777 (+1084.2%) Est. Cost $48.78 Unrealized —

SYK STRYKER CORPORATION 0.2%

Value ($000) $2,545 (+80.5%) Shares 7,242 (+89.8%) Est. Cost $372.12 Unrealized -2.3%

ADI ANALOG DEVICES INC 0.1%

Value ($000) $1,374 (+418.3%) Shares 5,067 (+369.6%) Est. Cost $242.59 Unrealized +3.3%

ABT ABBOTT LABS 0.3%

Value ($000) $3,759 (+40.3%) Shares 30,000 (+50.0%) Est. Cost $129.28 Unrealized -1.5%

KWEB KRANESHARES TRUST 0.6%

Value ($000) $7,307 (+16.0%) Shares 214,600 (+43.1%) Est. Cost $33.95 Unrealized —

— CITY OFFICE REIT INC 0.1%

Value ($000) $1,923 (+104.5%) Shares 275,144 (+103.6%) Est. Cost $6.98 Unrealized —

CF CF INDS HLDGS INC 0.1%

Value ($000) $1,373 (+206.6%) Shares 17,751 (+255.6%) Est. Cost $82.26 Unrealized -0.4%

ALL ALLSTATE CORP 0.2%

Value ($000) $2,037 (+80.3%) Shares 9,788 (+85.9%) Est. Cost $200.21 Unrealized +1.9%

— CYBERARK SOFTWARE LTD 0.5%

Value ($000) $6,852 (+14.7%) Shares 15,361 (+24.3%) Est. Cost $475.91 Unrealized —

MELI MERCADOLIBRE INC 0.1%

Value ($000) $1,487 (+132.2%) Shares 738 (+169.3%) Est. Cost $2048.49 Unrealized +2.5%

ABT ABBOTT LABS 0.2%

Value ($000) $2,300 (+56.1%) Shares 18,359 (+66.9%) Est. Cost $129.28 Unrealized -1.5%

HD HOME DEPOT INC 0.1%

Value ($000) $1,396 (+126.6%) Shares 4,056 (+166.8%) Est. Cost $370.63 Unrealized -1.6%

ADP AUTOMATIC DATA PROCESSING IN 0.2%

Value ($000) $2,419 (+46.3%) Shares 9,404 (+66.9%) Est. Cost $283.44 Unrealized -6.6%

BIP BROOKFIELD INFRAST PARTNERS 0.5%

Value ($000) $6,507 (+13.1%) Shares 187,313 (+7.1%) Est. Cost $32.59 Unrealized —

MET METLIFE INC 0.1%

Value ($000) $1,600 (+83.9%) Shares 20,273 (+91.9%) Est. Cost $78.40 Unrealized +0.7%

PDD PDD HOLDINGS INC 0.1%

Value ($000) $1,230 (+141.6%) Shares 10,849 (+181.6%) Est. Cost $111.34 Unrealized —

ZS ZSCALER INC 0.1%

Value ($000) $795 (+630.5%) Shares 3,533 (+873.3%) Est. Cost $273.73 Unrealized +3.1%

— SOHO HOUSE & CO INC 0.1%

Value ($000) $1,846 (+51.1%) Shares 205,983 (+49.3%) Est. Cost $7.20 Unrealized —

TROW PRICE T ROWE GROUP INC 0.1%

Value ($000) $1,948 (+45.4%) Shares 19,025 (+45.8%) Est. Cost $102.05 Unrealized +0.1%

FCX FREEPORT-MCMORAN INC 0.0%

Value ($000) $639 (+1698.0%) Shares 12,579 (+1288.4%) Est. Cost $43.15 Unrealized +0.4%

SWK STANLEY BLACK & DECKER INC 0.2%

Value ($000) $2,788 (+27.3%) Shares 37,537 (+27.4%) Est. Cost $75.08 Unrealized -6.9%

GTLS CHART INDS INC 0.2%

Value ($000) $2,191 (+36.8%) Shares 10,625 (+32.8%) Est. Cost $193.16 Unrealized +4.9%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $1,490 (+48.8%) Shares 7,200 (+33.3%) Est. Cost $169.51 Unrealized +16.2%

NOW SERVICENOW INC 0.2%

Value ($000) $2,823 (+19.8%) Shares 18,428 (+619.8%) Est. Cost $173.71 Unrealized -1.2%

XLK SELECT SECTOR SPDR TR 0.3%

Value ($000) $3,904 (+13.1%) Shares 27,120 (+121.5%) Est. Cost $206.23 Unrealized —

PPG PPG INDS INC 0.2%

Value ($000) $1,996 (+28.3%) Shares 19,482 (+31.6%) Est. Cost $108.76 Unrealized -7.9%

CMCSA COMCAST CORP NEW 0.1%

Value ($000) $1,181 (+46.0%) Shares 42,192 (+63.8%) Est. Cost $31.82 Unrealized -10.3%

SQNS SEQUANS COMMUNICATIONS S A 0.1%

Value ($000) $988 (+49.2%) Shares 220,000 (+214.3%) Est. Cost $6.07 Unrealized —

AHL ASPEN INSURANCE HOLDINGS LTD 0.1%

Value ($000) $1,741 (+21.8%) Shares 46,936 (+20.5%) Est. Cost $33.56 Unrealized +9.9%

RNW RENEW ENERGY GLOBAL PLC 0.1%

Value ($000) $788 (+63.6%) Shares 139,390 (+123.0%) Est. Cost $6.82 Unrealized +6.0%

SYY SYSCO CORP 0.1%

Value ($000) $894 (+48.3%) Shares 12,126 (+65.7%) Est. Cost $77.52 Unrealized -2.6%

MOS MOSAIC CO NEW 0.0%

Value ($000) $567 (+103.9%) Shares 23,539 (+193.5%) Est. Cost $26.31 Unrealized +1.7%

CB CHUBB LIMITED 0.1%

Value ($000) $702 (+67.6%) Shares 2,248 (+51.6%) Est. Cost $281.06 Unrealized +4.0%

PAYX PAYCHEX INC 0.1%

Value ($000) $1,016 (+36.6%) Shares 9,054 (+54.3%) Est. Cost $135.13 Unrealized -13.8%

PFE PFIZER INC 0.2%

Value ($000) $3,113 (+8.6%) Shares 125,000 (+11.1%) Est. Cost $24.14 Unrealized +3.7%

AXON AXON ENTERPRISE INC 0.1%

Value ($000) $833 (+39.4%) Shares 1,466 (+76.2%) Est. Cost $657.50 Unrealized -5.6%

BIRK BIRKENSTOCK HOLDING PLC 0.1%

Value ($000) $1,243 (+11.2%) Shares 30,384 (+23.1%) Est. Cost $49.05 Unrealized -13.7%

TROW PRICE T ROWE GROUP INC 0.2%

Value ($000) $2,150 (+5.8%) Shares 21,000 (+6.1%) Est. Cost $102.05 Unrealized +0.1%

AL AIR LEASE CORP 0.1%

Value ($000) $1,381 (+8.5%) Shares 21,500 (+7.5%) Est. Cost $59.70 Unrealized +6.7%

LOGI LOGITECH INTL S A 0.1%

Value ($000) $1,199 (+8.6%) Shares 11,659 (+14.9%) Est. Cost $90.62 Unrealized +24.0%

MGM MGM RESORTS INTERNATIONAL 0.1%

Value ($000) $791 (+8.1%) Shares 21,683 (+2.7%) Est. Cost $33.61 Unrealized +1.0%

SNPS SYNOPSYS INC 0.1%

Value ($000) $852 (+5.5%) Shares 1,813 (+10.8%) Est. Cost $553.48 Unrealized -19.7%

ITB ISHARES TR 0.2%

Value ($000) $2,109 (-1.7%) Shares 21,900 (+9.5%) Est. Cost $93.17 Unrealized —

LBTYK LIBERTY GLOBAL LTD 0.5%

Value ($000) $6,347 (-0.5%) Shares 574,930 (+5.9%) Est. Cost $10.40 Unrealized +7.0%

XLY SELECT SECTOR SPDR TR 0.1%

Value ($000) $903 (-1.6%) Shares 7,559 (+97.5%) Est. Cost $158.93 Unrealized —

ACN ACCENTURE PLC IRELAND 0.0%

Value ($000) $50 (+26.6%) Shares 185 (+16.4%) Est. Cost $278.65 Unrealized -8.8%

IP INTERNATIONAL PAPER CO 0.0%

Value ($000) $445 (-1.0%) Shares 11,302 (+16.6%) Est. Cost $48.92 Unrealized -16.5%

XYZ BLOCK INC 0.0%

Value ($000) $9 (+52.4%) Shares 132 (+69.2%) Est. Cost $73.56 Unrealized -6.2%

BX BLACKSTONE INC 0.0%

Value ($000) $4 (+53.9%) Shares 29 (+70.6%) Est. Cost $155.40 Unrealized -2.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SMH	VANECK ETF TRUST	143,900 (+68.5%)	$51,823 (+85.9%)	4.0%	$323.49	—	PUT	92189F676
XLE	SELECT SECTOR SPDR TR	1,339,200 (+156.5%)	$59,876 (+28.4%)	4.6%	$61.64	—	PUT	81369Y506
KRE	SPDR SERIES TRUST	255,100 (+179.4%)	$16,533 (+186.1%)	1.3%	$62.41	—	PUT	78464A698
XBI	SPDR SERIES TRUST	189,600 (+35.8%)	$23,118 (+65.3%)	1.8%	$83.87	—	PUT	78464A870
XLB	SELECT SECTOR SPDR TR	280,000 (+600.0%)	$12,698 (+254.2%)	1.0%	$48.78	—	PUT	81369Y100
—	PG&E CORP	475,000 (+72.7%)	$19,337 (+76.9%)	1.5%	$40.83	—	PFD CONV SER A	69331C306
XOP	SPDR SERIES TRUST	147,500 (+84.4%)	$18,623 (+76.1%)	1.4%	$126.57	—	PUT	78468R556
AAPL	APPLE INC	75,600 (+50.3%)	$20,553 (+60.5%)	1.6%	$236.91	+13.3%	PUT	037833100
XLK	SELECT SECTOR SPDR TR	139,000 (+212.4%)	$20,012 (+59.5%)	1.5%	$206.23	—	PUT	81369Y803
CFLT	CONFLUENT INC	241,000 (+24000.0%)	$7,288 (+36707.3%)	0.6%	$24.56	-0.0%	CLASS A COM	20717M103
RYAAY	RYANAIR HOLDINGS PLC	195,439 (+56.9%)	$14,115 (+88.4%)	1.1%	$60.76	—	SPONSORED ADR	783513203
QQQ	INVESCO QQQ TR	40,000 (+33.3%)	$24,572 (+36.4%)	1.9%	—	—	PUT	46090E103
—	DAYFORCE INC	156,004 (+116.7%)	$10,789 (+117.5%)	0.8%	$65.79	+4.6%	COM	15677J108
SMH	VANECK ETF TRUST	18,268 (+305.7%)	$6,579 (+347.7%)	0.5%	$323.49	—	SEMICONDUCTR ETF	92189F676
WBD	WARNER BROS DISCOVERY INC	210,000 (+200.0%)	$6,052 (+342.7%)	0.5%	$18.68	+25.1%	COM SER A	934423104
RACE	FERRARI N V	25,000 (+150.0%)	$9,362 (+93.7%)	0.7%	$400.15	0.0%	PUT	N3167Y103
—	MICROCHIP TECHNOLOGY INC.	8,500,000 (+112.5%)	$8,079 (+112.5%)	0.6%	$0.95	—	NOTE 0.750% 6/0	595017BG8
XLY	SELECT SECTOR SPDR TR	138,400 (+155.4%)	$16,526 (+27.2%)	1.3%	$158.93	—	PUT	81369Y407
FCX	FREEPORT-MCMORAN INC	70,200 (+4914.3%)	$3,565 (+6393.5%)	0.3%	$43.15	+0.4%	PUT	35671D857
GS	GOLDMAN SACHS GROUP INC	4,900 (+308.3%)	$4,307 (+350.7%)	0.3%	$813.35	0.0%	PUT	38141G104
CB	CHUBB LIMITED	14,700 (+212.8%)	$4,588 (+245.9%)	0.4%	$281.06	+4.0%	PUT	H1467J104
SOXX	ISHARES TR	73,000 (+5.0%)	$21,984 (+16.7%)	1.7%	$188.17	—	PUT	464287523
NOW	SERVICENOW INC	20,500 (+210.6%)	$3,140 (-48.3%)	0.2%	$173.71	-1.2%	PUT	81762P102
ORCL	ORACLE CORP	18,700 (+619.2%)	$3,645 (+398.5%)	0.3%	$238.05	0.0%	PUT	68389X105
—	FRONTIER COMMUNICATIONS PARE	252,926 (+37.0%)	$9,629 (+39.6%)	0.7%	$36.32	—	COM	35909D109
PLYM	PLYMOUTH INDL REIT INC	120,400 (+30000.0%)	$2,634 (+29393.4%)	0.2%	$21.88	—	COM	729640102
BAC	BANK AMERICA CORP	60,000 (+300.0%)	$3,300 (+326.4%)	0.3%	$52.67	0.0%	PUT	060505104
TT	TRANE TECHNOLOGIES PLC	11,600 (+132.0%)	$4,515 (+114.0%)	0.3%	$417.20	-0.9%	PUT	G8994E103
PRA	PROASSURANCE CORP	346,854 (+37.5%)	$8,380 (+38.5%)	0.6%	$23.35	+3.0%	COM	74267C106
XOP	SPDR SERIES TRUST	38,468 (+87.6%)	$4,857 (+79.2%)	0.4%	$126.57	—	STATE STREET SPD	78468R556
KRE	SPDR SERIES TRUST	50,396 (+159.9%)	$3,266 (+166.1%)	0.3%	$62.41	—	STATE STREET SPD	78464A698
BBU	BROOKFIELD BUSINESS PARTNERS	194,668 (+29.4%)	$6,852 (+39.7%)	0.5%	$33.20	—	UNIT LTD L P	G16234109
LI	LI AUTO INC	127,500 (+920.0%)	$2,159 (+581.5%)	0.2%	$17.34	—	PUT	50202M102
ELME	ELME COMMUNITIES	202,516 (+102.5%)	$3,524 (+109.0%)	0.3%	$17.13	—	SH BEN INT	939653101
KWEB	KRANESHARES TRUST	60,862 (+985.5%)	$2,072 (+779.8%)	0.2%	$33.95	—	CSI CHI INTERNET	500767306
XLE	SELECT SECTOR SPDR TR	235,330 (+139.4%)	$10,522 (+19.8%)	0.8%	$61.64	—	STATE STREET ENE	81369Y506
—	TRIPADVISOR INC	2,245,000 (+274.2%)	$2,205 (+277.6%)	0.2%	$0.97	—	NOTE 0.250% 4/0	896945AD4
MET	METLIFE INC	51,500 (+71.7%)	$4,065 (+64.5%)	0.3%	$78.40	+0.7%	PUT	59156R108
LI	LI AUTO INC	96,335 (+2316.8%)	$1,631 (+1514.7%)	0.1%	$17.34	—	SPONSORED ADS	50202M102
—	GUESS INC	208,688 (+76.4%)	$3,496 (+76.8%)	0.3%	$15.48	—	COM	401617105
TXNM	TXNM ENERGY INC	125,274 (+19.3%)	$7,376 (+24.2%)	0.6%	$56.68	+1.8%	COM	69349H107
AAPL	APPLE INC	14,049 (+44.1%)	$3,819 (+53.9%)	0.3%	$236.91	+13.3%	COM	037833100
TT	TRANE TECHNOLOGIES PLC	4,803 (+261.1%)	$1,869 (+233.1%)	0.1%	$417.20	-0.9%	SHS	G8994E103
FXI	ISHARES TR	38,537 (+683.4%)	$1,476 (+629.2%)	0.1%	$37.47	—	CHINA LG-CAP ETF	464287184
XLB	SELECT SECTOR SPDR TR	30,777 (+1084.2%)	$1,396 (+499.2%)	0.1%	$48.78	—	STATE STREET MAT	81369Y100
SYK	STRYKER CORPORATION	7,242 (+89.8%)	$2,545 (+80.5%)	0.2%	$372.12	-2.3%	COM	863667101
ADI	ANALOG DEVICES INC	5,067 (+369.6%)	$1,374 (+418.3%)	0.1%	$242.59	+3.3%	COM	032654105
ABT	ABBOTT LABS	30,000 (+50.0%)	$3,759 (+40.3%)	0.3%	$129.28	-1.5%	PUT	002824100
KWEB	KRANESHARES TRUST	214,600 (+43.1%)	$7,307 (+16.0%)	0.6%	$33.95	—	PUT	500767306
—	CITY OFFICE REIT INC	275,144 (+103.6%)	$1,923 (+104.5%)	0.1%	$6.98	—	COM	178587101
CF	CF INDS HLDGS INC	17,751 (+255.6%)	$1,373 (+206.6%)	0.1%	$82.26	-0.4%	COM	125269100
ALL	ALLSTATE CORP	9,788 (+85.9%)	$2,037 (+80.3%)	0.2%	$200.21	+1.9%	COM	020002101
—	CYBERARK SOFTWARE LTD	15,361 (+24.3%)	$6,852 (+14.7%)	0.5%	$475.91	—	SHS	M2682V108
MELI	MERCADOLIBRE INC	738 (+169.3%)	$1,487 (+132.2%)	0.1%	$2048.49	+2.5%	COM	58733R102
ABT	ABBOTT LABS	18,359 (+66.9%)	$2,300 (+56.1%)	0.2%	$129.28	-1.5%	COM	002824100
HD	HOME DEPOT INC	4,056 (+166.8%)	$1,396 (+126.6%)	0.1%	$370.63	-1.6%	COM	437076102
ADP	AUTOMATIC DATA PROCESSING IN	9,404 (+66.9%)	$2,419 (+46.3%)	0.2%	$283.44	-6.6%	COM	053015103
BIP	BROOKFIELD INFRAST PARTNERS	187,313 (+7.1%)	$6,507 (+13.1%)	0.5%	$32.59	—	LP INT UNIT	G16252101
MET	METLIFE INC	20,273 (+91.9%)	$1,600 (+83.9%)	0.1%	$78.40	+0.7%	COM	59156R108
PDD	PDD HOLDINGS INC	10,849 (+181.6%)	$1,230 (+141.6%)	0.1%	$111.34	—	SPONSORED ADS	722304102
ZS	ZSCALER INC	3,533 (+873.3%)	$795 (+630.5%)	0.1%	$273.73	+3.1%	COM	98980G102
—	SOHO HOUSE & CO INC	205,983 (+49.3%)	$1,846 (+51.1%)	0.1%	$7.20	—	COM CL A	586001109
TROW	PRICE T ROWE GROUP INC	19,025 (+45.8%)	$1,948 (+45.4%)	0.1%	$102.05	+0.1%	COM	74144T108
FCX	FREEPORT-MCMORAN INC	12,579 (+1288.4%)	$639 (+1698.0%)	0.0%	$43.15	+0.4%	CL B	35671D857
SWK	STANLEY BLACK & DECKER INC	37,537 (+27.4%)	$2,788 (+27.3%)	0.2%	$75.08	-6.9%	COM	854502101
GTLS	CHART INDS INC	10,625 (+32.8%)	$2,191 (+36.8%)	0.2%	$193.16	+4.9%	COM	16115Q308
JNJ	JOHNSON & JOHNSON	7,200 (+33.3%)	$1,490 (+48.8%)	0.1%	$169.51	+16.2%	PUT	478160104
NOW	SERVICENOW INC	18,428 (+619.8%)	$2,823 (+19.8%)	0.2%	$173.71	-1.2%	COM	81762P102
XLK	SELECT SECTOR SPDR TR	27,120 (+121.5%)	$3,904 (+13.1%)	0.3%	$206.23	—	STATE STREET TEC	81369Y803
PPG	PPG INDS INC	19,482 (+31.6%)	$1,996 (+28.3%)	0.2%	$108.76	-7.9%	COM	693506107
CMCSA	COMCAST CORP NEW	42,192 (+63.8%)	$1,181 (+46.0%)	0.1%	$31.82	-10.3%	CL A	20030N101
SQNS	SEQUANS COMMUNICATIONS S A	220,000 (+214.3%)	$988 (+49.2%)	0.1%	$6.07	—	SPONSORED ADS	817323405
AHL	ASPEN INSURANCE HOLDINGS LTD	46,936 (+20.5%)	$1,741 (+21.8%)	0.1%	$33.56	+9.9%	ORD SHS CL A	G05384501
RNW	RENEW ENERGY GLOBAL PLC	139,390 (+123.0%)	$788 (+63.6%)	0.1%	$6.82	+6.0%	CL A SHS	G7500M104
SYY	SYSCO CORP	12,126 (+65.7%)	$894 (+48.3%)	0.1%	$77.52	-2.6%	COM	871829107
MOS	MOSAIC CO NEW	23,539 (+193.5%)	$567 (+103.9%)	0.0%	$26.31	+1.7%	COM	61945C103
CB	CHUBB LIMITED	2,248 (+51.6%)	$702 (+67.6%)	0.1%	$281.06	+4.0%	COM	H1467J104
PAYX	PAYCHEX INC	9,054 (+54.3%)	$1,016 (+36.6%)	0.1%	$135.13	-13.8%	COM	704326107
PFE	PFIZER INC	125,000 (+11.1%)	$3,113 (+8.6%)	0.2%	$24.14	+3.7%	PUT	717081103
AXON	AXON ENTERPRISE INC	1,466 (+76.2%)	$833 (+39.4%)	0.1%	$657.50	-5.6%	COM	05464C101
BIRK	BIRKENSTOCK HOLDING PLC	30,384 (+23.1%)	$1,243 (+11.2%)	0.1%	$49.05	-13.7%	COM SHS	M2029K104
TROW	PRICE T ROWE GROUP INC	21,000 (+6.1%)	$2,150 (+5.8%)	0.2%	$102.05	+0.1%	PUT	74144T108
AL	AIR LEASE CORP	21,500 (+7.5%)	$1,381 (+8.5%)	0.1%	$59.70	+6.7%	CL A	00912X302
LOGI	LOGITECH INTL S A	11,659 (+14.9%)	$1,199 (+8.6%)	0.1%	$90.62	+24.0%	SHS	H50430232
MGM	MGM RESORTS INTERNATIONAL	21,683 (+2.7%)	$791 (+8.1%)	0.1%	$33.61	+1.0%	COM	552953101
SNPS	SYNOPSYS INC	1,813 (+10.8%)	$852 (+5.5%)	0.1%	$553.48	-19.7%	COM	871607107
ITB	ISHARES TR	21,900 (+9.5%)	$2,109 (-1.7%)	0.2%	$93.17	—	PUT	464288752
LBTYK	LIBERTY GLOBAL LTD	574,930 (+5.9%)	$6,347 (-0.5%)	0.5%	$10.40	+7.0%	COM CL C	G61188127
XLY	SELECT SECTOR SPDR TR	7,559 (+97.5%)	$903 (-1.6%)	0.1%	$158.93	—	STATE STREET CON	81369Y407
ACN	ACCENTURE PLC IRELAND	185 (+16.4%)	$50 (+26.6%)	0.0%	$278.65	-8.8%	SHS CLASS A	G1151C101
IP	INTERNATIONAL PAPER CO	11,302 (+16.6%)	$445 (-1.0%)	0.0%	$48.92	-16.5%	COM	460146103
XYZ	BLOCK INC	132 (+69.2%)	$9 (+52.4%)	0.0%	$73.56	-6.2%	CL A	852234103
BX	BLACKSTONE INC	29 (+70.6%)	$4 (+53.9%)	0.0%	$155.40	-2.5%	COM	09260D107

Exited Positions (82)

— VERONA PHARMA PLC 1.1%

Value ($000) $14,678 Shares 137,552 Est. Cost $106.71 Unrealized —

NVDA NVIDIA CORPORATION 1.0%

Value ($000) $13,023 Shares 69,800 Est. Cost $125.82 Unrealized +47.9%

— INTERPUBLIC GROUP COS INC 0.9%

Value ($000) $11,143 Shares 399,260 Est. Cost $25.59 Unrealized +1.5%

MSFT MICROSOFT CORP 0.8%

Value ($000) $10,359 Shares 20,000 Est. Cost — Unrealized —

— 89BIO INC 0.7%

Value ($000) $8,820 Shares 600,000 Est. Cost $14.70 Unrealized —

GOOG ALPHABET INC 0.7%

Value ($000) $8,768 Shares 36,000 Est. Cost $165.73 Unrealized +72.8%

— ALLETE INC 0.7%

Value ($000) $8,550 Shares 128,769 Est. Cost $64.07 Unrealized —

— MERUS N V 0.7%

Value ($000) $8,474 Shares 90,000 Est. Cost $94.15 Unrealized —

— SAPIENS INTL CORP N V 0.6%

Value ($000) $7,617 Shares 177,135 Est. Cost $43.00 Unrealized —

UAA UNDER ARMOUR INC 0.6%

Value ($000) $7,572 Shares 1,517,445 Est. Cost $6.37 Unrealized -27.3%

— SANDSTORM GOLD LTD 0.5%

Value ($000) $6,926 Shares 553,194 Est. Cost $12.52 Unrealized —

KVUE KENVUE INC 0.4%

Value ($000) $4,869 Shares 300,000 Est. Cost $16.26 Unrealized 0.0%

PZZA PAPA JOHNS INTL INC 0.4%

Value ($000) $4,815 Shares 100,000 Est. Cost — Unrealized —

FWONA LIBERTY MEDIA CORP DEL 0.3%

Value ($000) $4,419 Shares 46,411 Est. Cost $95.03 Unrealized —

— KELLANOVA 0.3%

Value ($000) $3,371 Shares 41,100 Est. Cost $78.62 Unrealized +5.1%

— WNS HLDGS LTD 0.3%

Value ($000) $3,286 Shares 43,082 Est. Cost $76.27 Unrealized —

STAA STAAR SURGICAL CO 0.3%

Value ($000) $3,258 Shares 121,258 Est. Cost $23.84 Unrealized +8.1%

— PROS HOLDINGS INC 0.2%

Value ($000) $3,093 Shares 135,000 Est. Cost $22.91 Unrealized —

— GUILD HLDGS CO 0.2%

Value ($000) $2,991 Shares 150,000 Est. Cost $19.85 Unrealized —

— VERINT SYS INC 0.2%

Value ($000) $2,927 Shares 144,538 Est. Cost $20.25 Unrealized —

CDNS CADENCE DESIGN SYSTEM INC 0.2%

Value ($000) $2,634 Shares 7,500 Est. Cost $290.76 Unrealized +12.2%

— PREMIER INC 0.2%

Value ($000) $2,502 Shares 90,000 Est. Cost $27.80 Unrealized —

HAL HALLIBURTON CO 0.2%

Value ($000) $2,460 Shares 100,000 Est. Cost $23.82 Unrealized +10.4%

SNOW SNOWFLAKE INC 0.2%

Value ($000) $2,256 Shares 10,000 Est. Cost $180.80 Unrealized +35.0%

— VIMEO INC 0.2%

Value ($000) $2,226 Shares 287,223 Est. Cost $7.75 Unrealized —

AZO AUTOZONE INC 0.2%

Value ($000) $2,145 Shares 500 Est. Cost $3686.04 Unrealized +2.5%

— PARAMOUNT GROUP INC 0.2%

Value ($000) $1,962 Shares 299,942 Est. Cost $6.54 Unrealized —

— HARBORONE BANCORP INC NEW 0.1%

Value ($000) $1,795 Shares 131,984 Est. Cost $11.68 Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.1%

Value ($000) $1,748 Shares 17,900 Est. Cost $102.21 Unrealized -4.1%

MU MICRON TECHNOLOGY INC 0.1%

Value ($000) $1,673 Shares 10,000 Est. Cost — Unrealized —

— MAC COPPER LIMITED 0.1%

Value ($000) $1,636 Shares 134,000 Est. Cost $12.09 Unrealized —

RMBS RAMBUS INC DEL 0.1%

Value ($000) $1,563 Shares 15,000 Est. Cost $77.09 Unrealized +27.7%

HAL HALLIBURTON CO 0.1%

Value ($000) $1,530 Shares 62,211 Est. Cost $23.82 Unrealized +10.4%

— SURMODICS INC 0.1%

Value ($000) $1,530 Shares 51,200 Est. Cost $36.52 Unrealized —

— AVIDXCHANGE HOLDINGS INC 0.1%

Value ($000) $1,493 Shares 150,000 Est. Cost $9.79 Unrealized —

LEN LENNAR CORP 0.1%

Value ($000) $1,447 Shares 11,477 Est. Cost $159.73 Unrealized -24.4%

— TOURMALINE BIO INC 0.1%

Value ($000) $1,419 Shares 29,661 Est. Cost $47.83 Unrealized —

SGML SIGMA LITHIUM CORPORATION 0.1%

Value ($000) $1,409 Shares 219,748 Est. Cost $8.93 Unrealized -3.6%

YUM YUM BRANDS INC 0.1%

Value ($000) $1,292 Shares 8,500 Est. Cost $144.17 Unrealized +2.4%

BSX BOSTON SCIENTIFIC CORP 0.1%

Value ($000) $1,252 Shares 12,829 Est. Cost $102.21 Unrealized -4.1%

— MERIDIANLINK INC 0.1%

Value ($000) $1,172 Shares 58,800 Est. Cost $19.93 Unrealized —

CCRN CROSS CTRY HEALTHCARE INC 0.1%

Value ($000) $1,152 Shares 81,106 Est. Cost $13.60 Unrealized -19.6%

NBIS NEBIUS GROUP N.V. 0.1%

Value ($000) $1,123 Shares 10,000 Est. Cost $34.43 Unrealized +201.0%

— THE ODP CORP 0.1%

Value ($000) $1,119 Shares 40,181 Est. Cost $27.85 Unrealized —

— POTBELLY CORP 0.1%

Value ($000) $1,046 Shares 61,403 Est. Cost $17.04 Unrealized —

EWZ ISHARES INC 0.1%

Value ($000) $1,024 Shares 33,028 Est. Cost $22.51 Unrealized —

AIG AMERICAN INTL GROUP INC 0.1%

Value ($000) $1,007 Shares 12,817 Est. Cost $78.12 Unrealized +2.0%

ALMS ALUMIS INC 0.1%

Value ($000) $986 Shares 247,002 Est. Cost $5.12 Unrealized +36.5%

CMA COMERICA INC 0.1%

Value ($000) $918 Shares 13,400 Est. Cost $60.21 Unrealized +32.8%

— SCPHARMACEUTICALS INC 0.1%

Value ($000) $907 Shares 160,000 Est. Cost $5.67 Unrealized —

— PERFORMANT HEALTHCARE INC 0.1%

Value ($000) $835 Shares 108,000 Est. Cost $7.73 Unrealized —

— STEELCASE INC 0.1%

Value ($000) $780 Shares 45,323 Est. Cost $17.20 Unrealized —

— WIDEOPENWEST INC 0.1%

Value ($000) $749 Shares 145,187 Est. Cost $5.16 Unrealized —

— HANESBRANDS INC 0.1%

Value ($000) $659 Shares 100,000 Est. Cost $6.59 Unrealized —

CDNS CADENCE DESIGN SYSTEM INC 0.0%

Value ($000) $572 Shares 1,627 Est. Cost $290.76 Unrealized +12.2%

HRB BLOCK H & R INC 0.0%

Value ($000) $536 Shares 10,604 Est. Cost $55.98 Unrealized -17.1%

HRB BLOCK H & R INC 0.0%

Value ($000) $536 Shares 10,600 Est. Cost $55.98 Unrealized -17.1%

— INFORMATICA INC 0.0%

Value ($000) $520 Shares 20,935 Est. Cost $24.84 Unrealized —

MAS MASCO CORP 0.0%

Value ($000) $500 Shares 7,100 Est. Cost $70.41 Unrealized -8.0%

CAT CATERPILLAR INC 0.0%

Value ($000) $489 Shares 1,025 Est. Cost $351.95 Unrealized +57.8%

YUM YUM BRANDS INC 0.0%

Value ($000) $411 Shares 2,705 Est. Cost $144.17 Unrealized +2.4%

— ZIMVIE INC 0.0%

Value ($000) $410 Shares 21,636 Est. Cost $18.94 Unrealized —

GM GENERAL MTRS CO 0.0%

Value ($000) $408 Shares 6,685 Est. Cost $47.53 Unrealized +48.1%

TSN TYSON FOODS INC 0.0%

Value ($000) $353 Shares 6,500 Est. Cost $56.13 Unrealized -2.7%

SWKS SKYWORKS SOLUTIONS INC 0.0%

Value ($000) $309 Shares 4,008 Est. Cost $73.36 Unrealized -5.3%

LAR LITHIUM ARGENTINA AG 0.0%

Value ($000) $301 Shares 90,000 Est. Cost $2.52 Unrealized +88.2%

CMI CUMMINS INC 0.0%

Value ($000) $286 Shares 678 Est. Cost $346.08 Unrealized +34.7%

META META PLATFORMS INC 0.0%

Value ($000) $273 Shares 372 Est. Cost $643.25 Unrealized +3.7%

AZO AUTOZONE INC 0.0%

Value ($000) $202 Shares 47 Est. Cost $3686.04 Unrealized +2.5%

AMD ADVANCED MICRO DEVICES INC 0.0%

Value ($000) $192 Shares 1,186 Est. Cost $111.19 Unrealized +102.0%

RSP INVESCO EXCHANGE TRADED FD T 0.0%

Value ($000) $186 Shares 978 Est. Cost $181.74 Unrealized —

TTEC TTEC HLDGS INC 0.0%

Value ($000) $167 Shares 49,580 Est. Cost $5.23 Unrealized -35.0%

NBIS NEBIUS GROUP N.V. 0.0%

Value ($000) $97 Shares 863 Est. Cost $34.43 Unrealized +201.0%

STT STATE STR CORP 0.0%

Value ($000) $70 Shares 600 Est. Cost $92.75 Unrealized +28.3%

PATH UIPATH INC 0.0%

Value ($000) $67 Shares 5,000 Est. Cost $13.06 Unrealized +19.2%

CMA COMERICA INC 0.0%

Value ($000) $65 Shares 944 Est. Cost $60.21 Unrealized +32.8%

RMBS RAMBUS INC DEL 0.0%

Value ($000) $53 Shares 505 Est. Cost $77.09 Unrealized +27.7%

LWAY LIFEWAY FOODS INC 0.0%

Value ($000) $35 Shares 1,272 Est. Cost $24.98 Unrealized -1.9%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.0%

Value ($000) $35 Shares 124 Est. Cost $166.00 Unrealized —

TJX TJX COS INC NEW 0.0%

Value ($000) $25 Shares 171 Est. Cost $118.72 Unrealized +24.4%

— CHEER HLDG INC 0.0%

Value ($000) $18 Shares 26,966 Est. Cost $2.53 Unrealized —

SNOW SNOWFLAKE INC 0.0%

Value ($000) $9 Shares 39 Est. Cost $180.80 Unrealized +35.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	VERONA PHARMA PLC	137,552	$14,678	1.1%	$106.71	—	—	925050106
NVDA	NVIDIA CORPORATION	69,800	$13,023	1.0%	$125.82	+47.9%	PUT	67066G104
—	INTERPUBLIC GROUP COS INC	399,260	$11,143	0.9%	$25.59	+1.5%	—	460690100
MSFT	MICROSOFT CORP	20,000	$10,359	0.8%	—	—	PUT	594918104
—	89BIO INC	600,000	$8,820	0.7%	$14.70	—	—	282559103
GOOG	ALPHABET INC	36,000	$8,768	0.7%	$165.73	+72.8%	PUT	02079K107
—	ALLETE INC	128,769	$8,550	0.7%	$64.07	—	—	018522300
—	MERUS N V	90,000	$8,474	0.7%	$94.15	—	—	N5749R100
—	SAPIENS INTL CORP N V	177,135	$7,617	0.6%	$43.00	—	—	G7T16G103
UAA	UNDER ARMOUR INC	1,517,445	$7,572	0.6%	$6.37	-27.3%	—	904311107
—	SANDSTORM GOLD LTD	553,194	$6,926	0.5%	$12.52	—	—	80013R206
KVUE	KENVUE INC	300,000	$4,869	0.4%	$16.26	0.0%	CALL	49177J102
PZZA	PAPA JOHNS INTL INC	100,000	$4,815	0.4%	—	—	CALL	698813102
FWONA	LIBERTY MEDIA CORP DEL	46,411	$4,419	0.3%	$95.03	—	—	531229771
—	KELLANOVA	41,100	$3,371	0.3%	$78.62	+5.1%	—	487836108
—	WNS HLDGS LTD	43,082	$3,286	0.3%	$76.27	—	—	G98196101
STAA	STAAR SURGICAL CO	121,258	$3,258	0.3%	$23.84	+8.1%	—	852312305
—	PROS HOLDINGS INC	135,000	$3,093	0.2%	$22.91	—	—	74346Y103
—	GUILD HLDGS CO	150,000	$2,991	0.2%	$19.85	—	—	40172N107
—	VERINT SYS INC	144,538	$2,927	0.2%	$20.25	—	—	92343X100
CDNS	CADENCE DESIGN SYSTEM INC	7,500	$2,634	0.2%	$290.76	+12.2%	PUT	127387108
—	PREMIER INC	90,000	$2,502	0.2%	$27.80	—	—	74051N102
HAL	HALLIBURTON CO	100,000	$2,460	0.2%	$23.82	+10.4%	PUT	406216101
SNOW	SNOWFLAKE INC	10,000	$2,256	0.2%	$180.80	+35.0%	PUT	833445109
—	VIMEO INC	287,223	$2,226	0.2%	$7.75	—	—	92719V100
AZO	AUTOZONE INC	500	$2,145	0.2%	$3686.04	+2.5%	PUT	053332102
—	PARAMOUNT GROUP INC	299,942	$1,962	0.2%	$6.54	—	—	69924R108
—	HARBORONE BANCORP INC NEW	131,984	$1,795	0.1%	$11.68	—	—	41165Y100
BSX	BOSTON SCIENTIFIC CORP	17,900	$1,748	0.1%	$102.21	-4.1%	PUT	101137107
MU	MICRON TECHNOLOGY INC	10,000	$1,673	0.1%	—	—	PUT	595112103
—	MAC COPPER LIMITED	134,000	$1,636	0.1%	$12.09	—	—	G60409110
RMBS	RAMBUS INC DEL	15,000	$1,563	0.1%	$77.09	+27.7%	PUT	750917106
HAL	HALLIBURTON CO	62,211	$1,530	0.1%	$23.82	+10.4%	—	406216101
—	SURMODICS INC	51,200	$1,530	0.1%	$36.52	—	—	868873100
—	AVIDXCHANGE HOLDINGS INC	150,000	$1,493	0.1%	$9.79	—	—	05368X102
LEN	LENNAR CORP	11,477	$1,447	0.1%	$159.73	-24.4%	—	526057104
—	TOURMALINE BIO INC	29,661	$1,419	0.1%	$47.83	—	—	89157D105
SGML	SIGMA LITHIUM CORPORATION	219,748	$1,409	0.1%	$8.93	-3.6%	—	826599102
YUM	YUM BRANDS INC	8,500	$1,292	0.1%	$144.17	+2.4%	PUT	988498101
BSX	BOSTON SCIENTIFIC CORP	12,829	$1,252	0.1%	$102.21	-4.1%	—	101137107
—	MERIDIANLINK INC	58,800	$1,172	0.1%	$19.93	—	—	58985J105
CCRN	CROSS CTRY HEALTHCARE INC	81,106	$1,152	0.1%	$13.60	-19.6%	—	227483104
NBIS	NEBIUS GROUP N.V.	10,000	$1,123	0.1%	$34.43	+201.0%	PUT	N97284108
—	THE ODP CORP	40,181	$1,119	0.1%	$27.85	—	—	88337F105
—	POTBELLY CORP	61,403	$1,046	0.1%	$17.04	—	—	73754Y100
EWZ	ISHARES INC	33,028	$1,024	0.1%	$22.51	—	—	464286400
AIG	AMERICAN INTL GROUP INC	12,817	$1,007	0.1%	$78.12	+2.0%	—	026874784
ALMS	ALUMIS INC	247,002	$986	0.1%	$5.12	+36.5%	—	022307102
CMA	COMERICA INC	13,400	$918	0.1%	$60.21	+32.8%	PUT	200340107
—	SCPHARMACEUTICALS INC	160,000	$907	0.1%	$5.67	—	—	810648105
—	PERFORMANT HEALTHCARE INC	108,000	$835	0.1%	$7.73	—	—	71377E105
—	STEELCASE INC	45,323	$780	0.1%	$17.20	—	—	858155203
—	WIDEOPENWEST INC	145,187	$749	0.1%	$5.16	—	—	96758W101
—	HANESBRANDS INC	100,000	$659	0.1%	$6.59	—	—	410345102
CDNS	CADENCE DESIGN SYSTEM INC	1,627	$572	0.0%	$290.76	+12.2%	—	127387108
HRB	BLOCK H & R INC	10,604	$536	0.0%	$55.98	-17.1%	—	093671105
HRB	BLOCK H & R INC	10,600	$536	0.0%	$55.98	-17.1%	PUT	093671105
—	INFORMATICA INC	20,935	$520	0.0%	$24.84	—	—	45674M101
MAS	MASCO CORP	7,100	$500	0.0%	$70.41	-8.0%	PUT	574599106
CAT	CATERPILLAR INC	1,025	$489	0.0%	$351.95	+57.8%	—	149123101
YUM	YUM BRANDS INC	2,705	$411	0.0%	$144.17	+2.4%	—	988498101
—	ZIMVIE INC	21,636	$410	0.0%	$18.94	—	—	98888T107
GM	GENERAL MTRS CO	6,685	$408	0.0%	$47.53	+48.1%	—	37045V100
TSN	TYSON FOODS INC	6,500	$353	0.0%	$56.13	-2.7%	—	902494103
SWKS	SKYWORKS SOLUTIONS INC	4,008	$309	0.0%	$73.36	-5.3%	—	83088M102
LAR	LITHIUM ARGENTINA AG	90,000	$301	0.0%	$2.52	+88.2%	—	H5012F103
CMI	CUMMINS INC	678	$286	0.0%	$346.08	+34.7%	—	231021106
META	META PLATFORMS INC	372	$273	0.0%	$643.25	+3.7%	—	30303M102
AZO	AUTOZONE INC	47	$202	0.0%	$3686.04	+2.5%	—	053332102
AMD	ADVANCED MICRO DEVICES INC	1,186	$192	0.0%	$111.19	+102.0%	—	007903107
RSP	INVESCO EXCHANGE TRADED FD T	978	$186	0.0%	$181.74	—	—	46137V357
TTEC	TTEC HLDGS INC	49,580	$167	0.0%	$5.23	-35.0%	—	89854H102
NBIS	NEBIUS GROUP N.V.	863	$97	0.0%	$34.43	+201.0%	—	N97284108
STT	STATE STR CORP	600	$70	0.0%	$92.75	+28.3%	—	857477103
PATH	UIPATH INC	5,000	$67	0.0%	$13.06	+19.2%	PUT	90364P105
CMA	COMERICA INC	944	$65	0.0%	$60.21	+32.8%	—	200340107
RMBS	RAMBUS INC DEL	505	$53	0.0%	$77.09	+27.7%	—	750917106
LWAY	LIFEWAY FOODS INC	1,272	$35	0.0%	$24.98	-1.9%	—	531914109
TSM	TAIWAN SEMICONDUCTOR MFG LTD	124	$35	0.0%	$166.00	—	—	874039100
TJX	TJX COS INC NEW	171	$25	0.0%	$118.72	+24.4%	—	872540109
—	CHEER HLDG INC	26,966	$18	0.0%	$2.53	—	—	G39973204
SNOW	SNOWFLAKE INC	39	$9	0.0%	$180.80	+35.0%	—	833445109

Decreased Positions (68)

GOOG ALPHABET INC 1.4%

Value ($000) $18,235 (-60.2%) Shares 58,109 (-69.1%) Est. Cost $165.73 Unrealized +72.8%

FXI ISHARES TR 0.7%

Value ($000) $9,190 (-64.6%) Shares 240,000 (-62.0%) Est. Cost $37.47 Unrealized —

DB DEUTSCHE BANK A G 0.0%

Value ($000) $60 (-99.5%) Shares 1,535 (-99.6%) Est. Cost $33.99 Unrealized +6.2%

EWZ ISHARES INC 0.1%

Value ($000) $1,589 (-87.2%) Shares 50,000 (-87.5%) Est. Cost $22.51 Unrealized —

AMZN AMAZON COM INC 0.9%

Value ($000) $12,352 (-41.8%) Shares 53,514 (-44.7%) Est. Cost $217.00 Unrealized +5.4%

CUK CARNIVAL PLC 0.3%

Value ($000) $3,760 (-68.8%) Shares 123,955 (-72.8%) Est. Cost $22.51 Unrealized —

UBER UBER TECHNOLOGIES INC 0.1%

Value ($000) $735 (-86.6%) Shares 9,000 (-84.0%) Est. Cost $71.42 Unrealized +26.1%

AMD ADVANCED MICRO DEVICES INC 0.3%

Value ($000) $4,283 (-51.9%) Shares 20,000 (-63.6%) Est. Cost $111.19 Unrealized +102.0%

F FORD MTR CO 0.3%

Value ($000) $4,142 (-50.8%) Shares 315,700 (-55.2%) Est. Cost $9.87 Unrealized +30.0%

INTU INTUIT 0.2%

Value ($000) $1,987 (-63.6%) Shares 3,000 (-62.5%) Est. Cost $637.66 Unrealized +3.6%

META META PLATFORMS INC 0.2%

Value ($000) $2,178 (-59.4%) Shares 3,300 (-54.8%) Est. Cost $643.25 Unrealized +3.7%

BKNG BOOKING HOLDINGS INC 0.2%

Value ($000) $2,678 (-50.4%) Shares 500 (-50.0%) Est. Cost $5419.77 Unrealized -5.2%

GM GENERAL MTRS CO 0.2%

Value ($000) $2,960 (-43.8%) Shares 36,400 (-57.9%) Est. Cost $47.53 Unrealized +48.1%

NWSA NEWS CORP NEW 0.2%

Value ($000) $2,537 (-43.4%) Shares 97,143 (-33.5%) Est. Cost $27.64 Unrealized -5.1%

ALC ALCON AG 0.4%

Value ($000) $4,951 (-27.6%) Shares 62,018 (-32.6%) Est. Cost $87.22 Unrealized -11.7%

UHAL/B U HAUL HOLDING COMPANY 0.2%

Value ($000) $3,100 (-34.3%) Shares 66,334 (-19.8%) Est. Cost $59.61 Unrealized -18.3%

UBS UBS GROUP AG 0.1%

Value ($000) $743 (-66.2%) Shares 15,928 (-70.4%) Est. Cost $33.05 Unrealized +22.2%

CAT CATERPILLAR INC 0.8%

Value ($000) $10,426 (+15.6%) Shares 18,200 (-3.7%) Est. Cost $351.95 Unrealized +57.8%

MOS MOSAIC CO NEW 0.2%

Value ($000) $2,409 (-36.9%) Shares 100,000 (-9.1%) Est. Cost $26.31 Unrealized +1.7%

TASK TASKUS INC 0.0%

Value ($000) $303 (-80.3%) Shares 25,700 (-70.2%) Est. Cost $15.23 Unrealized -16.1%

IWM ISHARES TR 0.2%

Value ($000) $2,230 (-35.0%) Shares 9,060 (-36.1%) Est. Cost $231.54 Unrealized —

FOX FOX CORP 1.3%

Value ($000) $16,859 (+6.4%) Shares 259,643 (-6.1%) Est. Cost $50.34 Unrealized +16.0%

BIRK BIRKENSTOCK HOLDING PLC 0.0%

Value ($000) $389 (-70.9%) Shares 9,500 (-67.8%) Est. Cost $49.05 Unrealized -13.7%

ROIV ROIVANT SCIENCES LTD 0.3%

Value ($000) $3,255 (+38.8%) Shares 150,000 (-3.2%) Est. Cost $11.79 Unrealized +67.3%

LOGI LOGITECH INTL S A 0.5%

Value ($000) $6,203 (-10.6%) Shares 60,300 (-5.5%) Est. Cost $90.62 Unrealized +24.0%

STLD STEEL DYNAMICS INC 0.0%

Value ($000) $512 (-58.6%) Shares 3,023 (-66.0%) Est. Cost $127.06 Unrealized +24.6%

SOXX ISHARES TR 0.0%

Value ($000) $9 (-98.7%) Shares 31 (-98.8%) Est. Cost $188.17 Unrealized —

AMWD AMERICAN WOODMARK CORPORATIO 0.2%

Value ($000) $1,996 (-25.3%) Shares 37,026 (-7.4%) Est. Cost $61.36 Unrealized -4.6%

WFC WELLS FARGO CO NEW 0.0%

Value ($000) $481 (-56.9%) Shares 5,160 (-61.2%) Est. Cost $73.70 Unrealized +17.5%

LION LIONSGATE STUDIOS CORP 0.1%

Value ($000) $1,761 (-23.3%) Shares 192,895 (-42.0%) Est. Cost $6.61 Unrealized +7.6%

EEM ISHARES TR 0.0%

Value ($000) $528 (-46.8%) Shares 9,660 (-48.0%) Est. Cost $51.36 Unrealized —

MAR MARRIOTT INTL INC NEW 0.0%

Value ($000) $204 (-68.0%) Shares 658 (-73.1%) Est. Cost $250.32 Unrealized +14.0%

M MACYS INC 0.0%

Value ($000) $22 (-94.1%) Shares 1,000 (-95.2%) Est. Cost $14.69 Unrealized +39.3%

F FORD MTR CO 0.0%

Value ($000) $348 (-49.4%) Shares 26,519 (-53.9%) Est. Cost $9.87 Unrealized +30.0%

COF CAPITAL ONE FINL CORP 0.0%

Value ($000) $13 (-96.3%) Shares 52 (-96.7%) Est. Cost $185.05 Unrealized +20.1%

BKNG BOOKING HOLDINGS INC 0.1%

Value ($000) $825 (-28.3%) Shares 154 (-27.7%) Est. Cost $5419.77 Unrealized -5.2%

CTSH COGNIZANT TECHNOLOGY SOLUTIO 0.0%

Value ($000) $133 (-70.3%) Shares 1,599 (-76.0%) Est. Cost $79.64 Unrealized -6.3%

INTU INTUIT 0.0%

Value ($000) $215 (-59.3%) Shares 325 (-58.1%) Est. Cost $637.66 Unrealized +3.6%

NVDA NVIDIA CORPORATION 0.0%

Value ($000) $1 (-99.6%) Shares 6 (-99.6%) Est. Cost $125.82 Unrealized +47.9%

INBX INHIBRX BIOSCIENCES INC 0.1%

Value ($000) $684 (-29.9%) Shares 8,656 (-70.1%) Est. Cost $15.23 Unrealized +347.3%

PFE PFIZER INC 0.1%

Value ($000) $863 (-24.9%) Shares 34,673 (-23.1%) Est. Cost $24.14 Unrealized +3.7%

CSX CSX CORP 0.2%

Value ($000) $2,900 (-8.5%) Shares 80,000 (-10.4%) Est. Cost $31.31 Unrealized +14.0%

IJR ISHARES TR 0.0%

Value ($000) $31 (-88.0%) Shares 260 (-88.1%) Est. Cost $104.57 Unrealized —

MAS MASCO CORP 0.0%

Value ($000) $0 (-100.0%) Shares 1 (-100.0%) Est. Cost $70.41 Unrealized -8.0%

CTLP CANTALOUPE INC 0.0%

Value ($000) $26 (-88.9%) Shares 2,480 (-89.0%) Est. Cost $8.65 Unrealized +22.5%

FITB FIFTH THIRD BANCORP 0.0%

Value ($000) $299 (-40.0%) Shares 6,380 (-42.9%) Est. Cost $40.69 Unrealized +7.3%

DE DEERE & CO 0.1%

Value ($000) $1,719 (-10.0%) Shares 3,693 (-11.6%) Est. Cost $452.08 Unrealized +3.5%

RF REGIONS FINANCIAL CORP NEW 0.0%

Value ($000) $453 (-26.6%) Shares 16,699 (-28.6%) Est. Cost $23.33 Unrealized +8.7%

AAL AMERICAN AIRLS GROUP INC 0.0%

Value ($000) $34 (-82.3%) Shares 2,223 (-87.0%) Est. Cost $10.71 Unrealized +26.0%

KLAC KLA CORP 0.0%

Value ($000) $162 (-48.5%) Shares 133 (-54.3%) Est. Cost $748.55 Unrealized +56.6%

MA MASTERCARD INCORPORATED 0.0%

Value ($000) $160 (-45.9%) Shares 281 (-46.1%) Est. Cost $551.47 Unrealized +1.4%

JNJ JOHNSON & JOHNSON 0.0%

Value ($000) $287 (-31.6%) Shares 1,386 (-38.7%) Est. Cost $169.51 Unrealized +16.2%

UBER UBER TECHNOLOGIES INC 0.0%

Value ($000) $66 (-66.6%) Shares 805 (-59.9%) Est. Cost $71.42 Unrealized +26.1%

CSX CSX CORP 0.0%

Value ($000) $528 (-19.2%) Shares 14,565 (-20.8%) Est. Cost $31.31 Unrealized +14.0%

GAP GAP INC 0.0%

Value ($000) $104 (-54.3%) Shares 4,073 (-61.8%) Est. Cost $21.80 Unrealized +10.4%

WFC WELLS FARGO CO NEW 0.5%

Value ($000) $5,965 (-1.8%) Shares 64,000 (-11.7%) Est. Cost $73.70 Unrealized +17.5%

ADSK AUTODESK INC 0.0%

Value ($000) $76 (-52.2%) Shares 257 (-48.7%) Est. Cost $284.41 Unrealized +6.4%

XBI SPDR SERIES TRUST 0.2%

Value ($000) $2,314 (-3.4%) Shares 18,977 (-20.6%) Est. Cost $83.87 Unrealized —

XME SPDR SERIES TRUST 0.0%

Value ($000) $3 (-95.3%) Shares 29 (-95.8%) Est. Cost $55.99 Unrealized —

MDT MEDTRONIC PLC 0.0%

Value ($000) $446 (-11.5%) Shares 4,646 (-12.2%) Est. Cost $85.04 Unrealized +14.2%

ZION ZIONS BANCORPORATION N A 0.0%

Value ($000) $118 (-28.5%) Shares 2,010 (-30.9%) Est. Cost $55.64 Unrealized -2.1%

PATH UIPATH INC 0.0%

Value ($000) $1 (-98.0%) Shares 50 (-98.4%) Est. Cost $13.06 Unrealized +19.2%

ITB ISHARES TR 0.0%

Value ($000) $153 (-14.3%) Shares 1,587 (-4.6%) Est. Cost $93.17 Unrealized —

KBE SPDR SERIES TRUST 0.0%

Value ($000) $0 (-98.0%) Shares 7 (-98.1%) Est. Cost $52.96 Unrealized —

STLA STELLANTIS N.V 0.1%

Value ($000) $1,465 (-1.3%) Shares 131,812 (-18.0%) Est. Cost $11.71 Unrealized —

LAMR LAMAR ADVERTISING CO NEW 0.0%

Value ($000) $12 (-62.1%) Shares 91 (-63.3%) Est. Cost $121.36 Unrealized —

FER FERROVIAL SE 0.0%

Value ($000) $64 (-10.8%) Shares 990 (-21.4%) Est. Cost $53.87 Unrealized +18.2%

ROST ROSS STORES INC 0.0%

Value ($000) $6 (-44.2%) Shares 34 (-52.8%) Est. Cost $142.18 Unrealized +17.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	58,109 (-69.1%)	$18,235 (-60.2%)	1.4%	$165.73	+72.8%	CAP STK CL C	02079K107
FXI	ISHARES TR	240,000 (-62.0%)	$9,190 (-64.6%)	0.7%	$37.47	—	PUT	464287184
DB	DEUTSCHE BANK A G	1,535 (-99.6%)	$60 (-99.5%)	0.0%	$33.99	+6.2%	NAMEN AKT	D18190898
EWZ	ISHARES INC	50,000 (-87.5%)	$1,589 (-87.2%)	0.1%	$22.51	—	PUT	464286400
AMZN	AMAZON COM INC	53,514 (-44.7%)	$12,352 (-41.8%)	0.9%	$217.00	+5.4%	COM	023135106
CUK	CARNIVAL PLC	123,955 (-72.8%)	$3,760 (-68.8%)	0.3%	$22.51	—	ADS	14365C103
UBER	UBER TECHNOLOGIES INC	9,000 (-84.0%)	$735 (-86.6%)	0.1%	$71.42	+26.1%	PUT	90353T100
AMD	ADVANCED MICRO DEVICES INC	20,000 (-63.6%)	$4,283 (-51.9%)	0.3%	$111.19	+102.0%	PUT	007903107
F	FORD MTR CO	315,700 (-55.2%)	$4,142 (-50.8%)	0.3%	$9.87	+30.0%	PUT	345370860
INTU	INTUIT	3,000 (-62.5%)	$1,987 (-63.6%)	0.2%	$637.66	+3.6%	PUT	461202103
META	META PLATFORMS INC	3,300 (-54.8%)	$2,178 (-59.4%)	0.2%	$643.25	+3.7%	PUT	30303M102
BKNG	BOOKING HOLDINGS INC	500 (-50.0%)	$2,678 (-50.4%)	0.2%	$5419.77	-5.2%	PUT	09857L108
GM	GENERAL MTRS CO	36,400 (-57.9%)	$2,960 (-43.8%)	0.2%	$47.53	+48.1%	PUT	37045V100
NWSA	NEWS CORP NEW	97,143 (-33.5%)	$2,537 (-43.4%)	0.2%	$27.64	-5.1%	CL A	65249B109
ALC	ALCON AG	62,018 (-32.6%)	$4,951 (-27.6%)	0.4%	$87.22	-11.7%	ORD SHS	H01301128
UHAL/B	U HAUL HOLDING COMPANY	66,334 (-19.8%)	$3,100 (-34.3%)	0.2%	$59.61	-18.3%	COM SER N	023586506
UBS	UBS GROUP AG	15,928 (-70.4%)	$743 (-66.2%)	0.1%	$33.05	+22.2%	SHS	H42097107
CAT	CATERPILLAR INC	18,200 (-3.7%)	$10,426 (+15.6%)	0.8%	$351.95	+57.8%	PUT	149123101
MOS	MOSAIC CO NEW	100,000 (-9.1%)	$2,409 (-36.9%)	0.2%	$26.31	+1.7%	PUT	61945C103
TASK	TASKUS INC	25,700 (-70.2%)	$303 (-80.3%)	0.0%	$15.23	-16.1%	CLASS A COM	87652V109
IWM	ISHARES TR	9,060 (-36.1%)	$2,230 (-35.0%)	0.2%	$231.54	—	RUSSELL 2000 ETF	464287655
FOX	FOX CORP	259,643 (-6.1%)	$16,859 (+6.4%)	1.3%	$50.34	+16.0%	CL B COM	35137L204
BIRK	BIRKENSTOCK HOLDING PLC	9,500 (-67.8%)	$389 (-70.9%)	0.0%	$49.05	-13.7%	PUT	M2029K104
ROIV	ROIVANT SCIENCES LTD	150,000 (-3.2%)	$3,255 (+38.8%)	0.3%	$11.79	+67.3%	SHS	G76279101
LOGI	LOGITECH INTL S A	60,300 (-5.5%)	$6,203 (-10.6%)	0.5%	$90.62	+24.0%	PUT	H50430232
STLD	STEEL DYNAMICS INC	3,023 (-66.0%)	$512 (-58.6%)	0.0%	$127.06	+24.6%	COM	858119100
SOXX	ISHARES TR	31 (-98.8%)	$9 (-98.7%)	0.0%	$188.17	—	ISHARES SEMICDTR	464287523
AMWD	AMERICAN WOODMARK CORPORATIO	37,026 (-7.4%)	$1,996 (-25.3%)	0.2%	$61.36	-4.6%	COM	030506109
WFC	WELLS FARGO CO NEW	5,160 (-61.2%)	$481 (-56.9%)	0.0%	$73.70	+17.5%	COM	949746101
LION	LIONSGATE STUDIOS CORP	192,895 (-42.0%)	$1,761 (-23.3%)	0.1%	$6.61	+7.6%	COM	53626N102
EEM	ISHARES TR	9,660 (-48.0%)	$528 (-46.8%)	0.0%	$51.36	—	MSCI EMG MKT ETF	464287234
MAR	MARRIOTT INTL INC NEW	658 (-73.1%)	$204 (-68.0%)	0.0%	$250.32	+14.0%	CL A	571903202
M	MACYS INC	1,000 (-95.2%)	$22 (-94.1%)	0.0%	$14.69	+39.3%	COM	55616P104
F	FORD MTR CO	26,519 (-53.9%)	$348 (-49.4%)	0.0%	$9.87	+30.0%	COM	345370860
COF	CAPITAL ONE FINL CORP	52 (-96.7%)	$13 (-96.3%)	0.0%	$185.05	+20.1%	COM	14040H105
BKNG	BOOKING HOLDINGS INC	154 (-27.7%)	$825 (-28.3%)	0.1%	$5419.77	-5.2%	COM	09857L108
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	1,599 (-76.0%)	$133 (-70.3%)	0.0%	$79.64	-6.3%	CL A	192446102
INTU	INTUIT	325 (-58.1%)	$215 (-59.3%)	0.0%	$637.66	+3.6%	COM	461202103
NVDA	NVIDIA CORPORATION	6 (-99.6%)	$1 (-99.6%)	0.0%	$125.82	+47.9%	COM	67066G104
INBX	INHIBRX BIOSCIENCES INC	8,656 (-70.1%)	$684 (-29.9%)	0.1%	$15.23	+347.3%	COM	45720N103
PFE	PFIZER INC	34,673 (-23.1%)	$863 (-24.9%)	0.1%	$24.14	+3.7%	COM	717081103
CSX	CSX CORP	80,000 (-10.4%)	$2,900 (-8.5%)	0.2%	$31.31	+14.0%	PUT	126408103
IJR	ISHARES TR	260 (-88.1%)	$31 (-88.0%)	0.0%	$104.57	—	CORE S&P SCP ETF	464287804
MAS	MASCO CORP	1 (-100.0%)	$0 (-100.0%)	0.0%	$70.41	-8.0%	COM	574599106
CTLP	CANTALOUPE INC	2,480 (-89.0%)	$26 (-88.9%)	0.0%	$8.65	+22.5%	COM	138103106
FITB	FIFTH THIRD BANCORP	6,380 (-42.9%)	$299 (-40.0%)	0.0%	$40.69	+7.3%	COM	316773100
DE	DEERE & CO	3,693 (-11.6%)	$1,719 (-10.0%)	0.1%	$452.08	+3.5%	COM	244199105
RF	REGIONS FINANCIAL CORP NEW	16,699 (-28.6%)	$453 (-26.6%)	0.0%	$23.33	+8.7%	COM	7591EP100
AAL	AMERICAN AIRLS GROUP INC	2,223 (-87.0%)	$34 (-82.3%)	0.0%	$10.71	+26.0%	COM	02376R102
KLAC	KLA CORP	133 (-54.3%)	$162 (-48.5%)	0.0%	$748.55	+56.6%	COM NEW	482480100
MA	MASTERCARD INCORPORATED	281 (-46.1%)	$160 (-45.9%)	0.0%	$551.47	+1.4%	CL A	57636Q104
JNJ	JOHNSON & JOHNSON	1,386 (-38.7%)	$287 (-31.6%)	0.0%	$169.51	+16.2%	COM	478160104
UBER	UBER TECHNOLOGIES INC	805 (-59.9%)	$66 (-66.6%)	0.0%	$71.42	+26.1%	COM	90353T100
CSX	CSX CORP	14,565 (-20.8%)	$528 (-19.2%)	0.0%	$31.31	+14.0%	COM	126408103
GAP	GAP INC	4,073 (-61.8%)	$104 (-54.3%)	0.0%	$21.80	+10.4%	COM	364760108
WFC	WELLS FARGO CO NEW	64,000 (-11.7%)	$5,965 (-1.8%)	0.5%	$73.70	+17.5%	PUT	949746101
ADSK	AUTODESK INC	257 (-48.7%)	$76 (-52.2%)	0.0%	$284.41	+6.4%	COM	052769106
XBI	SPDR SERIES TRUST	18,977 (-20.6%)	$2,314 (-3.4%)	0.2%	$83.87	—	STATE STREET SPD	78464A870
XME	SPDR SERIES TRUST	29 (-95.8%)	$3 (-95.3%)	0.0%	$55.99	—	STATE STREET SPD	78464A755
MDT	MEDTRONIC PLC	4,646 (-12.2%)	$446 (-11.5%)	0.0%	$85.04	+14.2%	SHS	G5960L103
ZION	ZIONS BANCORPORATION N A	2,010 (-30.9%)	$118 (-28.5%)	0.0%	$55.64	-2.1%	COM	989701107
PATH	UIPATH INC	50 (-98.4%)	$1 (-98.0%)	0.0%	$13.06	+19.2%	CL A	90364P105
ITB	ISHARES TR	1,587 (-4.6%)	$153 (-14.3%)	0.0%	$93.17	—	US HOME CONS ETF	464288752
KBE	SPDR SERIES TRUST	7 (-98.1%)	$0 (-98.0%)	0.0%	$52.96	—	STATE STREET SPD	78464A797
STLA	STELLANTIS N.V	131,812 (-18.0%)	$1,465 (-1.3%)	0.1%	$11.71	—	SHS	N82405106
LAMR	LAMAR ADVERTISING CO NEW	91 (-63.3%)	$12 (-62.1%)	0.0%	$121.36	—	CL A	512816109
FER	FERROVIAL SE	990 (-21.4%)	$64 (-10.8%)	0.0%	$53.87	+18.2%	ORD SHS	N3168P101
ROST	ROSS STORES INC	34 (-52.8%)	$6 (-44.2%)	0.0%	$142.18	+17.2%	COM	778296103

Unchanged Positions (108)

— ALBEMARLE CORP 1.0%

Value ($000) $13,417 Shares 225,000 Est. Cost $40.79 Unrealized —

UBS UBS GROUP AG 1.0%

Value ($000) $12,515 Shares 268,400 Est. Cost $33.05 Unrealized +22.2%

— ARES MANAGEMENT CORPORATION 2.5%

Value ($000) $32,050 Shares 625,000 Est. Cost $55.39 Unrealized —

STLD STEEL DYNAMICS INC 0.5%

Value ($000) $5,931 Shares 35,000 Est. Cost $127.06 Unrealized +24.6%

LBRDA LIBERTY BROADBAND CORP 0.2%

Value ($000) $3,204 Shares 66,372 Est. Cost $78.50 Unrealized -34.0%

MELI MERCADOLIBRE INC 0.3%

Value ($000) $4,431 Shares 2,200 Est. Cost $2048.49 Unrealized +2.5%

ALC ALCON AG 0.8%

Value ($000) $9,979 Shares 125,000 Est. Cost $87.22 Unrealized -11.7%

CF CF INDS HLDGS INC 0.3%

Value ($000) $4,254 Shares 55,000 Est. Cost $82.26 Unrealized -0.4%

— ALIBABA GROUP HLDG LTD 0.3%

Value ($000) $3,909 Shares 2,500,000 Est. Cost $1.26 Unrealized —

XME SPDR SERIES TRUST 0.5%

Value ($000) $6,217 Shares 60,000 Est. Cost $55.99 Unrealized —

PDD PDD HOLDINGS INC 0.3%

Value ($000) $3,424 Shares 30,200 Est. Cost $111.34 Unrealized —

SRG SERITAGE GROWTH PPTYS 0.1%

Value ($000) $1,825 Shares 561,648 Est. Cost $4.29 Unrealized -11.7%

— JD.COM INC 0.5%

Value ($000) $6,339 Shares 6,500,000 Est. Cost $1.02 Unrealized —

BEP BROOKFIELD RENEWABLE PARTNER 0.9%

Value ($000) $11,222 Shares 416,093 Est. Cost $23.74 Unrealized —

CMI CUMMINS INC 0.2%

Value ($000) $2,705 Shares 5,300 Est. Cost $346.08 Unrealized +34.7%

IWM ISHARES TR 2.1%

Value ($000) $27,078 Shares 110,000 Est. Cost $231.54 Unrealized —

AXON AXON ENTERPRISE INC 0.1%

Value ($000) $1,704 Shares 3,000 Est. Cost $657.50 Unrealized -5.6%

AAL AMERICAN AIRLS GROUP INC 0.1%

Value ($000) $1,533 Shares 100,000 Est. Cost $10.71 Unrealized +26.0%

— KKR & CO INC 1.9%

Value ($000) $25,032 Shares 480,000 Est. Cost $53.43 Unrealized —

— NEXTERA ENERGY INC 1.1%

Value ($000) $14,141 Shares 275,000 Est. Cost $51.31 Unrealized —

HD HOME DEPOT INC 0.2%

Value ($000) $2,168 Shares 6,300 Est. Cost $370.63 Unrealized -1.6%

ZS ZSCALER INC 0.1%

Value ($000) $1,125 Shares 5,000 Est. Cost $273.73 Unrealized +3.1%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.4%

Value ($000) $4,558 Shares 15,000 Est. Cost $166.00 Unrealized —

ADP AUTOMATIC DATA PROCESSING IN 0.2%

Value ($000) $2,572 Shares 10,000 Est. Cost $283.44 Unrealized -6.6%

MAR MARRIOTT INTL INC NEW 0.2%

Value ($000) $2,234 Shares 7,200 Est. Cost $250.32 Unrealized +14.0%

KLAC KLA CORP 0.2%

Value ($000) $3,038 Shares 2,500 Est. Cost $748.55 Unrealized +56.6%

AIG AMERICAN INTL GROUP INC 0.3%

Value ($000) $3,944 Shares 46,100 Est. Cost $78.12 Unrealized +2.0%

— AKAMAI TECHNOLOGIES INC 0.4%

Value ($000) $5,041 Shares 5,000,000 Est. Cost $0.98 Unrealized —

— AIRBNB INC 1.7%

Value ($000) $22,713 Shares 23,000,000 Est. Cost $0.96 Unrealized —

COF CAPITAL ONE FINL CORP 0.2%

Value ($000) $2,302 Shares 9,500 Est. Cost $185.05 Unrealized +20.1%

SWKS SKYWORKS SOLUTIONS INC 0.1%

Value ($000) $1,268 Shares 20,000 Est. Cost $73.36 Unrealized -5.3%

ADI ANALOG DEVICES INC 0.2%

Value ($000) $2,820 Shares 10,400 Est. Cost $242.59 Unrealized +3.3%

C CITIGROUP INC 0.1%

Value ($000) $1,867 Shares 16,000 Est. Cost — Unrealized —

CAH CARDINAL HEALTH INC 0.1%

Value ($000) $1,028 Shares 5,000 Est. Cost — Unrealized —

JD JD.COM INC 0.1%

Value ($000) $1,076 Shares 37,500 Est. Cost — Unrealized —

GRFS GRIFOLS S A 0.3%

Value ($000) $3,381 Shares 361,455 Est. Cost $7.44 Unrealized —

BMRN BIOMARIN PHARMACEUTICAL INC 0.2%

Value ($000) $2,378 Shares 40,013 Est. Cost $65.97 Unrealized -17.5%

SYY SYSCO CORP 0.1%

Value ($000) $1,769 Shares 24,000 Est. Cost $77.52 Unrealized -2.6%

AXP AMERICAN EXPRESS CO 0.2%

Value ($000) $1,961 Shares 5,300 Est. Cost — Unrealized —

SIRI SIRIUSXM HOLDINGS INC 0.1%

Value ($000) $1,207 Shares 60,385 Est. Cost $25.50 Unrealized -15.7%

EEM ISHARES TR 0.6%

Value ($000) $8,207 Shares 150,000 Est. Cost $51.36 Unrealized —

STT STATE STR CORP 0.1%

Value ($000) $1,935 Shares 15,000 Est. Cost $92.75 Unrealized +28.3%

ITRG INTEGRA RES CORP 0.0%

Value ($000) $644 Shares 159,842 Est. Cost $1.00 Unrealized +238.7%

CMCSA COMCAST CORP NEW 0.1%

Value ($000) $1,400 Shares 50,000 Est. Cost $31.82 Unrealized -10.3%

SYK STRYKER CORPORATION 0.2%

Value ($000) $3,163 Shares 9,000 Est. Cost $372.12 Unrealized -2.3%

— ON SEMICONDUCTOR CORP 0.5%

Value ($000) $6,282 Shares 6,627,000 Est. Cost $0.92 Unrealized —

PAYX PAYCHEX INC 0.1%

Value ($000) $1,122 Shares 10,000 Est. Cost $135.13 Unrealized -13.8%

ADSK AUTODESK INC 0.2%

Value ($000) $1,983 Shares 6,700 Est. Cost $284.41 Unrealized +6.4%

MS MORGAN STANLEY 0.1%

Value ($000) $1,331 Shares 7,500 Est. Cost — Unrealized —

CTSH COGNIZANT TECHNOLOGY SOLUTIO 0.1%

Value ($000) $689 Shares 8,300 Est. Cost $79.64 Unrealized -6.3%

DE DEERE & CO 0.5%

Value ($000) $6,611 Shares 14,200 Est. Cost $452.08 Unrealized +3.5%

EBAY EBAY INC. 0.2%

Value ($000) $2,613 Shares 30,000 Est. Cost $86.37 Unrealized 0.0%

— HEWLETT PACKARD ENTERPRISE C 2.8%

Value ($000) $36,839 Shares 550,000 Est. Cost $52.54 Unrealized —

FITB FIFTH THIRD BANCORP 0.2%

Value ($000) $2,341 Shares 50,000 Est. Cost $40.69 Unrealized +7.3%

— TRIP COM GROUP LTD 0.2%

Value ($000) $2,475 Shares 2,000,000 Est. Cost $1.11 Unrealized —

GAP GAP INC 0.0%

Value ($000) $640 Shares 25,000 Est. Cost $21.80 Unrealized +10.4%

AQN ALGONQUIN PWR UTILS CORP 0.1%

Value ($000) $800 Shares 130,000 Est. Cost $4.64 Unrealized +27.9%

IMXI INTERNATIONAL MNY EXPRESS IN 0.1%

Value ($000) $1,106 Shares 72,000 Est. Cost $12.39 Unrealized +21.2%

MGM MGM RESORTS INTERNATIONAL 0.1%

Value ($000) $1,825 Shares 50,000 Est. Cost $33.61 Unrealized +1.0%

IP INTERNATIONAL PAPER CO 0.0%

Value ($000) $445 Shares 11,300 Est. Cost $48.92 Unrealized -16.5%

LNSR LENSAR INC 0.1%

Value ($000) $1,448 Shares 124,483 Est. Cost $12.49 Unrealized -8.6%

SNPS SYNOPSYS INC 0.1%

Value ($000) $1,409 Shares 3,000 Est. Cost $553.48 Unrealized -19.7%

ALL ALLSTATE CORP 0.2%

Value ($000) $2,082 Shares 10,000 Est. Cost $200.21 Unrealized +1.9%

KMX CARMAX INC 0.0%

Value ($000) $386 Shares 10,001 Est. Cost $71.96 Unrealized -44.4%

KMX CARMAX INC 0.0%

Value ($000) $386 Shares 10,000 Est. Cost $71.96 Unrealized -44.4%

PPG PPG INDS INC 0.2%

Value ($000) $2,049 Shares 20,000 Est. Cost $108.76 Unrealized -7.9%

KBE SPDR SERIES TRUST 0.2%

Value ($000) $2,276 Shares 37,500 Est. Cost $52.96 Unrealized —

JPM JPMORGAN CHASE & CO. 0.1%

Value ($000) $1,772 Shares 5,500 Est. Cost — Unrealized —

RF REGIONS FINANCIAL CORP NEW 0.1%

Value ($000) $1,355 Shares 50,000 Est. Cost $23.33 Unrealized +8.7%

— ETSY INC 0.3%

Value ($000) $3,559 Shares 4,000,000 Est. Cost $0.85 Unrealized —

UPS UNITED PARCEL SERVICE INC 0.0%

Value ($000) $198 Shares 2,000 Est. Cost — Unrealized —

GENVR GEN DIGITAL INC 0.0%

Value ($000) $52 Shares 11,820 Est. Cost $8.16 Unrealized —

JCI JOHNSON CTLS INTL PLC 0.0%

Value ($000) $359 Shares 3,000 Est. Cost — Unrealized —

HEI/A HEICO CORP NEW 0.3%

Value ($000) $4,207 Shares 16,666 Est. Cost $201.31 Unrealized +22.7%

DELL DELL TECHNOLOGIES INC 0.0%

Value ($000) $189 Shares 1,500 Est. Cost — Unrealized —

BHC BAUSCH HEALTH COS INC 0.0%

Value ($000) $325 Shares 46,797 Est. Cost $8.24 Unrealized -20.2%

TJX TJX COS INC NEW 0.0%

Value ($000) $384 Shares 2,500 Est. Cost $118.72 Unrealized +24.4%

EPD ENTERPRISE PRODS PARTNERS L 0.1%

Value ($000) $856 Shares 26,705 Est. Cost $31.36 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.0%

Value ($000) $444 Shares 1,500 Est. Cost — Unrealized —

LOW LOWES COS INC 0.0%

Value ($000) $482 Shares 2,000 Est. Cost — Unrealized —

IJR ISHARES TR 0.1%

Value ($000) $1,803 Shares 15,000 Est. Cost $104.57 Unrealized —

— MARRIOTT VACATIONS WORLDWIDE 0.2%

Value ($000) $2,375 Shares 2,500,000 Est. Cost $0.93 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.1%

Value ($000) $1,916 Shares 10,000 Est. Cost $181.74 Unrealized —

CPB THE CAMPBELLS COMPANY 0.0%

Value ($000) $139 Shares 5,000 Est. Cost — Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 0.1%

Value ($000) $734 Shares 22,900 Est. Cost $31.36 Unrealized —

CAG CONAGRA BRANDS INC 0.0%

Value ($000) $303 Shares 17,500 Est. Cost — Unrealized —

WMT WALMART INC 0.0%

Value ($000) $223 Shares 2,000 Est. Cost — Unrealized —

GIS GENERAL MLS INC 0.0%

Value ($000) $186 Shares 4,000 Est. Cost — Unrealized —

ZION ZIONS BANCORPORATION N A 0.0%

Value ($000) $445 Shares 7,600 Est. Cost $55.64 Unrealized -2.1%

MDT MEDTRONIC PLC 0.1%

Value ($000) $1,210 Shares 12,600 Est. Cost $85.04 Unrealized +14.2%

HPE HEWLETT PACKARD ENTERPRISE C 0.0%

Value ($000) $360 Shares 15,000 Est. Cost — Unrealized —

AVGO BROADCOM INC 0.0%

Value ($000) $173 Shares 500 Est. Cost — Unrealized —

MCD MCDONALDS CORP 0.1%

Value ($000) $1,375 Shares 4,500 Est. Cost — Unrealized —

S SENTINELONE INC 0.0%

Value ($000) $45 Shares 3,000 Est. Cost $25.52 Unrealized -35.8%

ROST ROSS STORES INC 0.0%

Value ($000) $36 Shares 200 Est. Cost $142.18 Unrealized +17.2%

MA MASTERCARD INCORPORATED 0.1%

Value ($000) $1,370 Shares 2,400 Est. Cost $551.47 Unrealized +1.4%

TKNO ALPHA TEKNOVA INC 0.0%

Value ($000) $8 Shares 2,000 Est. Cost $6.96 Unrealized -30.1%

ACN ACCENTURE PLC IRELAND 0.0%

Value ($000) $54 Shares 200 Est. Cost $278.65 Unrealized -8.8%

ACI ALBERTSONS COS INC 0.0%

Value ($000) $172 Shares 10,000 Est. Cost $18.22 Unrealized -3.2%

LAMR LAMAR ADVERTISING CO NEW 0.0%

Value ($000) $101 Shares 800 Est. Cost $121.36 Unrealized —

ZEO ZEO ENERGY CORP 0.0%

Value ($000) $12 Shares 10,845 Est. Cost $2.02 Unrealized -32.0%

EMN EASTMAN CHEM CO 0.0%

Value ($000) $191 Shares 3,000 Est. Cost $75.94 Unrealized -19.7%

SWK STANLEY BLACK & DECKER INC 0.2%

Value ($000) $2,971 Shares 40,000 Est. Cost $75.08 Unrealized -6.9%

ESI ELEMENT SOLUTIONS INC 0.0%

Value ($000) $268 Shares 10,709 Est. Cost $26.63 Unrealized -2.7%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 0.0%

Value ($000) $205 Shares 800 Est. Cost $249.31 Unrealized 0.0%

BX BLACKSTONE INC 0.0%

Value ($000) $15 Shares 100 Est. Cost $155.40 Unrealized -2.5%

XYZ BLOCK INC 0.0%

Value ($000) $13 Shares 200 Est. Cost $73.56 Unrealized -6.2%

THCH TH INTERNATIONAL LIMITED 0.0%

Value ($000) $2 Shares 856 Est. Cost $3.13 Unrealized -19.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ALBEMARLE CORP	225,000	$13,417	1.0%	$40.79	—	7.25% DEP SHS A	012653200
UBS	UBS GROUP AG	268,400	$12,515	1.0%	$33.05	+22.2%	PUT	H42097107
—	ARES MANAGEMENT CORPORATION	625,000	$32,050	2.5%	$55.39	—	6.75 SE B PFD	03990B309
STLD	STEEL DYNAMICS INC	35,000	$5,931	0.5%	$127.06	+24.6%	PUT	858119100
LBRDA	LIBERTY BROADBAND CORP	66,372	$3,204	0.2%	$78.50	-34.0%	COM SER A	530307107
MELI	MERCADOLIBRE INC	2,200	$4,431	0.3%	$2048.49	+2.5%	PUT	58733R102
ALC	ALCON AG	125,000	$9,979	0.8%	$87.22	-11.7%	PUT	H01301128
CF	CF INDS HLDGS INC	55,000	$4,254	0.3%	$82.26	-0.4%	PUT	125269100
—	ALIBABA GROUP HLDG LTD	2,500,000	$3,909	0.3%	$1.26	—	NOTE 0.500% 6/0	01609WBG6
XME	SPDR SERIES TRUST	60,000	$6,217	0.5%	$55.99	—	PUT	78464A755
PDD	PDD HOLDINGS INC	30,200	$3,424	0.3%	$111.34	—	PUT	722304102
SRG	SERITAGE GROWTH PPTYS	561,648	$1,825	0.1%	$4.29	-11.7%	CL A	81752R100
—	JD.COM INC	6,500,000	$6,339	0.5%	$1.02	—	NOTE 0.250% 6/0	47215PAJ5
BEP	BROOKFIELD RENEWABLE PARTNER	416,093	$11,222	0.9%	$23.74	—	PARTNERSHIP UNIT	G16258108
CMI	CUMMINS INC	5,300	$2,705	0.2%	$346.08	+34.7%	PUT	231021106
IWM	ISHARES TR	110,000	$27,078	2.1%	$231.54	—	PUT	464287655
AXON	AXON ENTERPRISE INC	3,000	$1,704	0.1%	$657.50	-5.6%	PUT	05464C101
AAL	AMERICAN AIRLS GROUP INC	100,000	$1,533	0.1%	$10.71	+26.0%	PUT	02376R102
—	KKR & CO INC	480,000	$25,032	1.9%	$53.43	—	6.25 CON SER D	48251W500
—	NEXTERA ENERGY INC	275,000	$14,141	1.1%	$51.31	—	UNIT 06/01/2027	65339F663
HD	HOME DEPOT INC	6,300	$2,168	0.2%	$370.63	-1.6%	PUT	437076102
ZS	ZSCALER INC	5,000	$1,125	0.1%	$273.73	+3.1%	PUT	98980G102
TSM	TAIWAN SEMICONDUCTOR MFG LTD	15,000	$4,558	0.4%	$166.00	—	PUT	874039100
ADP	AUTOMATIC DATA PROCESSING IN	10,000	$2,572	0.2%	$283.44	-6.6%	PUT	053015103
MAR	MARRIOTT INTL INC NEW	7,200	$2,234	0.2%	$250.32	+14.0%	PUT	571903202
KLAC	KLA CORP	2,500	$3,038	0.2%	$748.55	+56.6%	PUT	482480100
AIG	AMERICAN INTL GROUP INC	46,100	$3,944	0.3%	$78.12	+2.0%	PUT	026874784
—	AKAMAI TECHNOLOGIES INC	5,000,000	$5,041	0.4%	$0.98	—	NOTE 0.375% 9/0	00971TAL5
—	AIRBNB INC	23,000,000	$22,713	1.7%	$0.96	—	NOTE 3/1	009066AB7
COF	CAPITAL ONE FINL CORP	9,500	$2,302	0.2%	$185.05	+20.1%	PUT	14040H105
SWKS	SKYWORKS SOLUTIONS INC	20,000	$1,268	0.1%	$73.36	-5.3%	PUT	83088M102
ADI	ANALOG DEVICES INC	10,400	$2,820	0.2%	$242.59	+3.3%	PUT	032654105
C	CITIGROUP INC	16,000	$1,867	0.1%	—	—	PUT	172967424
CAH	CARDINAL HEALTH INC	5,000	$1,028	0.1%	—	—	PUT	14149Y108
JD	JD.COM INC	37,500	$1,076	0.1%	—	—	PUT	47215P106
GRFS	GRIFOLS S A	361,455	$3,381	0.3%	$7.44	—	SP ADR REP B NVT	398438408
BMRN	BIOMARIN PHARMACEUTICAL INC	40,013	$2,378	0.2%	$65.97	-17.5%	COM	09061G101
SYY	SYSCO CORP	24,000	$1,769	0.1%	$77.52	-2.6%	PUT	871829107
AXP	AMERICAN EXPRESS CO	5,300	$1,961	0.2%	—	—	PUT	025816109
SIRI	SIRIUSXM HOLDINGS INC	60,385	$1,207	0.1%	$25.50	-15.7%	COMMON STOCK	829933100
EEM	ISHARES TR	150,000	$8,207	0.6%	$51.36	—	PUT	464287234
STT	STATE STR CORP	15,000	$1,935	0.1%	$92.75	+28.3%	PUT	857477103
ITRG	INTEGRA RES CORP	159,842	$644	0.0%	$1.00	+238.7%	COM	45826T509
CMCSA	COMCAST CORP NEW	50,000	$1,400	0.1%	$31.82	-10.3%	PUT	20030N101
SYK	STRYKER CORPORATION	9,000	$3,163	0.2%	$372.12	-2.3%	PUT	863667101
—	ON SEMICONDUCTOR CORP	6,627,000	$6,282	0.5%	$0.92	—	NOTE 0.500% 3/0	682189AU9
PAYX	PAYCHEX INC	10,000	$1,122	0.1%	$135.13	-13.8%	PUT	704326107
ADSK	AUTODESK INC	6,700	$1,983	0.2%	$284.41	+6.4%	PUT	052769106
MS	MORGAN STANLEY	7,500	$1,331	0.1%	—	—	PUT	617446448
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	8,300	$689	0.1%	$79.64	-6.3%	PUT	192446102
DE	DEERE & CO	14,200	$6,611	0.5%	$452.08	+3.5%	PUT	244199105
EBAY	EBAY INC.	30,000	$2,613	0.2%	$86.37	0.0%	PUT	278642103
—	HEWLETT PACKARD ENTERPRISE C	550,000	$36,839	2.8%	$52.54	—	7.625 MAND CONV	42824C208
FITB	FIFTH THIRD BANCORP	50,000	$2,341	0.2%	$40.69	+7.3%	PUT	316773100
—	TRIP COM GROUP LTD	2,000,000	$2,475	0.2%	$1.11	—	NOTE 0.750% 6/1	89677QAB3
GAP	GAP INC	25,000	$640	0.0%	$21.80	+10.4%	PUT	364760108
AQN	ALGONQUIN PWR UTILS CORP	130,000	$800	0.1%	$4.64	+27.9%	COM	015857105
IMXI	INTERNATIONAL MNY EXPRESS IN	72,000	$1,106	0.1%	$12.39	+21.2%	COM	46005L101
MGM	MGM RESORTS INTERNATIONAL	50,000	$1,825	0.1%	$33.61	+1.0%	PUT	552953101
IP	INTERNATIONAL PAPER CO	11,300	$445	0.0%	$48.92	-16.5%	PUT	460146103
LNSR	LENSAR INC	124,483	$1,448	0.1%	$12.49	-8.6%	COM	52634L108
SNPS	SYNOPSYS INC	3,000	$1,409	0.1%	$553.48	-19.7%	PUT	871607107
ALL	ALLSTATE CORP	10,000	$2,082	0.2%	$200.21	+1.9%	PUT	020002101
KMX	CARMAX INC	10,001	$386	0.0%	$71.96	-44.4%	COM	143130102
KMX	CARMAX INC	10,000	$386	0.0%	$71.96	-44.4%	PUT	143130102
PPG	PPG INDS INC	20,000	$2,049	0.2%	$108.76	-7.9%	PUT	693506107
KBE	SPDR SERIES TRUST	37,500	$2,276	0.2%	$52.96	—	PUT	78464A797
JPM	JPMORGAN CHASE & CO.	5,500	$1,772	0.1%	—	—	PUT	46625H100
RF	REGIONS FINANCIAL CORP NEW	50,000	$1,355	0.1%	$23.33	+8.7%	PUT	7591EP100
—	ETSY INC	4,000,000	$3,559	0.3%	$0.85	—	NOTE 0.250% 6/1	29786AAN6
UPS	UNITED PARCEL SERVICE INC	2,000	$198	0.0%	—	—	PUT	911312106
GENVR	GEN DIGITAL INC	11,820	$52	0.0%	$8.16	—	RIGHT 99/99/9999	668771116
JCI	JOHNSON CTLS INTL PLC	3,000	$359	0.0%	—	—	PUT	G51502105
HEI/A	HEICO CORP NEW	16,666	$4,207	0.3%	$201.31	+22.7%	CL A	422806208
DELL	DELL TECHNOLOGIES INC	1,500	$189	0.0%	—	—	PUT	24703L202
BHC	BAUSCH HEALTH COS INC	46,797	$325	0.0%	$8.24	-20.2%	COM	071734107
TJX	TJX COS INC NEW	2,500	$384	0.0%	$118.72	+24.4%	PUT	872540109
EPD	ENTERPRISE PRODS PARTNERS L	26,705	$856	0.1%	$31.36	—	COM	293792107
IBM	INTERNATIONAL BUSINESS MACHS	1,500	$444	0.0%	—	—	PUT	459200101
LOW	LOWES COS INC	2,000	$482	0.0%	—	—	PUT	548661107
IJR	ISHARES TR	15,000	$1,803	0.1%	$104.57	—	PUT	464287804
—	MARRIOTT VACATIONS WORLDWIDE	2,500,000	$2,375	0.2%	$0.93	—	NOTE 3.250%12/1	57164YAF4
RSP	INVESCO EXCHANGE TRADED FD T	10,000	$1,916	0.1%	$181.74	—	PUT	46137V357
CPB	THE CAMPBELLS COMPANY	5,000	$139	0.0%	—	—	PUT	134429109
EPD	ENTERPRISE PRODS PARTNERS L	22,900	$734	0.1%	$31.36	—	PUT	293792107
CAG	CONAGRA BRANDS INC	17,500	$303	0.0%	—	—	PUT	205887102
WMT	WALMART INC	2,000	$223	0.0%	—	—	PUT	931142103
GIS	GENERAL MLS INC	4,000	$186	0.0%	—	—	PUT	370334104
ZION	ZIONS BANCORPORATION N A	7,600	$445	0.0%	$55.64	-2.1%	PUT	989701107
MDT	MEDTRONIC PLC	12,600	$1,210	0.1%	$85.04	+14.2%	PUT	G5960L103
HPE	HEWLETT PACKARD ENTERPRISE C	15,000	$360	0.0%	—	—	PUT	42824C109
AVGO	BROADCOM INC	500	$173	0.0%	—	—	PUT	11135F101
MCD	MCDONALDS CORP	4,500	$1,375	0.1%	—	—	PUT	580135101
S	SENTINELONE INC	3,000	$45	0.0%	$25.52	-35.8%	CL A	81730H109
ROST	ROSS STORES INC	200	$36	0.0%	$142.18	+17.2%	PUT	778296103
MA	MASTERCARD INCORPORATED	2,400	$1,370	0.1%	$551.47	+1.4%	PUT	57636Q104
TKNO	ALPHA TEKNOVA INC	2,000	$8	0.0%	$6.96	-30.1%	COM	02080L102
ACN	ACCENTURE PLC IRELAND	200	$54	0.0%	$278.65	-8.8%	PUT	G1151C101
ACI	ALBERTSONS COS INC	10,000	$172	0.0%	$18.22	-3.2%	COMMON STOCK	013091103
LAMR	LAMAR ADVERTISING CO NEW	800	$101	0.0%	$121.36	—	PUT	512816109
ZEO	ZEO ENERGY CORP	10,845	$12	0.0%	$2.02	-32.0%	CL A	98944F109
EMN	EASTMAN CHEM CO	3,000	$191	0.0%	$75.94	-19.7%	COM	277432100
SWK	STANLEY BLACK & DECKER INC	40,000	$2,971	0.2%	$75.08	-6.9%	PUT	854502101
ESI	ELEMENT SOLUTIONS INC	10,709	$268	0.0%	$26.63	-2.7%	COM	28618M106
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	800	$205	0.0%	$249.31	0.0%	PUT	874054109
BX	BLACKSTONE INC	100	$15	0.0%	$155.40	-2.5%	PUT	09260D107
XYZ	BLOCK INC	200	$13	0.0%	$73.56	-6.2%	PUT	852234103
THCH	TH INTERNATIONAL LIMITED	856	$2	0.0%	$3.13	-19.8%	SHS NEW	G8656L130