CLOUGH CAPITAL PARTNERS L P Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BAH	BOOZ ALLEN HAMILTON HLDG COR	228,580	$19,283	1.7%	$88.51	0.0%	CL A	099502106
TXT	TEXTRON INC	193,430	$16,861	1.5%	$83.66	0.0%	COM	883203101
UHS	UNIVERSAL HLTH SVCS INC	76,650	$16,711	1.5%	$220.94	0.0%	CL B	913903100
BSX	BOSTON SCIENTIFIC CORP	138,440	$13,200	1.2%	$98.04	0.0%	COM	101137107
ETN	EATON CORP PLC	40,430	$12,877	1.1%	$354.39	0.0%	SHS	G29183103
AR	ANTERO RESOURCES CORP	343,821	$11,848	1.1%	$33.87	0.0%	COM	03674X106
TXG	10X GENOMICS INC	610,374	$9,955	0.9%	$15.11	0.0%	CL A COM	88025U109
ACLX	ARCELLX INC	129,780	$8,462	0.8%	$79.78	0.0%	COMMON STOCK	03940C100
PFSI	PENNYMAC FINL SVCS INC NEW	40,890	$5,391	0.5%	$126.84	0.0%	COM	70932M107
TJX	TJX COS INC NEW	17,206	$2,643	0.2%	$147.70	0.0%	COM	872540109
SEM	SELECT MED HLDGS CORP	173,010	$2,569	0.2%	$14.10	0.0%	COM	81619Q105
FTI	TECHNIPFMC PLC	52,180	$2,325	0.2%	$42.20	0.0%	COM	G87110105
GKOS	GLAUKOS CORP	20,368	$2,300	0.2%	$95.54	0.0%	COM	377322102
HP	HELMERICH & PAYNE INC	77,742	$2,230	0.2%	$26.56	0.0%	COM	423452101
PAAS	PAN AMERN SILVER CORP	41,563	$2,153	0.2%	$41.86	0.0%	COM	697900108
JAZZ	JAZZ PHARMACEUTICALS PLC	12,517	$2,128	0.2%	$153.31	0.0%	SHS USD	G50871105
VIK	VIKING HOLDINGS LTD	29,452	$2,103	0.2%	$63.81	0.0%	ORD SHS	G93A5A101
ASML	ASML HOLDING N V	1,953	$2,089	0.2%	$1069.86	—	N Y REGISTRY SHS	N07059210
KRYS	KRYSTAL BIOTECH INC	7,806	$1,924	0.2%	$210.47	0.0%	COM	501147102
WGS	GENEDX HOLDINGS CORP	13,789	$1,793	0.2%	$137.25	0.0%	COM CL A	81663L200
WRBY	WARBY PARKER INC	71,827	$1,565	0.1%	$21.76	0.0%	CL A COM	93403J106
SOC	SABLE OFFSHORE CORP	172,830	$1,559	0.1%	$9.44	0.0%	COM SHS	78574H104
WMT	WALMART INC	11,637	$1,296	0.1%	$107.20	0.0%	COM	931142103
ARCO	ARCOS DORADOS HOLDINGS INC	147,294	$1,081	0.1%	$7.14	0.0%	SHS CLASS -A -	G0457F107
NVT	NVENT ELECTRIC PLC	10,116	$1,032	0.1%	$103.61	0.0%	SHS	G6700G107
SBUX	STARBUCKS CORP	11,564	$974	0.1%	$84.06	0.0%	COM	855244109
LITE	LUMENTUM HLDGS INC	2,504	$923	0.1%	$256.82	0.0%	COM	55024U109
PCT	PURECYCLE TECHNOLOGIES INC	102,974	$885	0.1%	$10.62	0.0%	COM	74623V103
TMDX	TRANSMEDICS GROUP INC	7,119	$866	0.1%	$125.49	0.0%	COM	89377M109
DNLI	DENALI THERAPEUTICS INC	51,830	$856	0.1%	$16.88	0.0%	COM	24823R105
KYMR	KYMERA THERAPEUTICS INC	10,925	$850	0.1%	$67.53	0.0%	COM	501575104
BFLY	BUTTERFLY NETWORK INC	222,490	$845	0.1%	$2.72	0.0%	COM CL A	124155102
JNJ	JOHNSON & JOHNSON	3,107	$643	0.1%	$197.01	0.0%	COM	478160104

Increased Positions (31)

RKT ROCKET COS INC 3.0%

Value ($000) $33,272 (+1625.3%) Shares 1,718,580 (+1627.0%) Est. Cost $17.85 Unrealized +0.1%

BWXT BWX TECHNOLOGIES INC 1.5%

Value ($000) $17,217 (+487.3%) Shares 99,610 (+526.5%) Est. Cost $176.41 Unrealized +6.2%

RCL ROYAL CARIBBEAN GROUP 2.8%

Value ($000) $31,920 (+49.3%) Shares 114,441 (+73.2%) Est. Cost $168.82 Unrealized +66.8%

AAPL APPLE INC 2.8%

Value ($000) $30,979 (+43.1%) Shares 113,952 (+34.0%) Est. Cost $203.57 Unrealized +31.8%

AMZN AMAZON COM INC 5.1%

Value ($000) $56,965 (+17.7%) Shares 246,796 (+12.0%) Est. Cost $169.56 Unrealized +34.9%

BA BOEING CO 3.4%

Value ($000) $37,921 (+21.6%) Shares 174,655 (+20.9%) Est. Cost $181.62 Unrealized +13.2%

RIG TRANSOCEAN LTD 1.7%

Value ($000) $18,906 (+53.1%) Shares 4,577,619 (+15.7%) Est. Cost $4.16 Unrealized -6.7%

MU MICRON TECHNOLOGY INC 0.8%

Value ($000) $9,224 (+77.8%) Shares 32,320 (+4.3%) Est. Cost $114.72 Unrealized +99.9%

HII HUNTINGTON INGALLS INDS INC 2.0%

Value ($000) $22,764 (+21.2%) Shares 66,940 (+2.6%) Est. Cost $207.92 Unrealized +48.9%

DHI D R HORTON INC 3.0%

Value ($000) $33,311 (-9.9%) Shares 231,281 (+6.0%) Est. Cost $131.83 Unrealized +15.3%

APH AMPHENOL CORP NEW 1.6%

Value ($000) $18,567 (+21.3%) Shares 137,389 (+11.1%) Est. Cost $68.62 Unrealized +94.6%

AVGO BROADCOM INC 3.1%

Value ($000) $35,017 (+9.8%) Shares 101,175 (+4.6%) Est. Cost $192.12 Unrealized +85.8%

RDDT REDDIT INC 0.3%

Value ($000) $3,807 (+382.6%) Shares 16,563 (+382.9%) Est. Cost $192.32 Unrealized +9.4%

SCHW SCHWAB CHARLES CORP 2.9%

Value ($000) $32,525 (+8.9%) Shares 325,538 (+4.0%) Est. Cost $90.06 Unrealized +5.2%

CCL CARNIVAL CORP 3.6%

Value ($000) $40,221 (+7.0%) Shares 1,316,993 (+1.3%) Est. Cost $18.40 Unrealized +51.5%

TEL TE CONNECTIVITY PLC 0.6%

Value ($000) $6,268 (+67.0%) Shares 27,550 (+61.1%) Est. Cost $211.87 Unrealized +9.2%

NVDA NVIDIA CORPORATION 3.3%

Value ($000) $37,697 (+4.6%) Shares 202,130 (+4.7%) Est. Cost $159.85 Unrealized +16.4%

VALE VALE S A 0.2%

Value ($000) $2,149 (+251.5%) Shares 164,928 (+192.9%) Est. Cost $13.25 Unrealized —

LNG CHENIERE ENERGY INC 0.9%

Value ($000) $9,789 (-11.8%) Shares 50,360 (+6.6%) Est. Cost $168.97 Unrealized +24.3%

KGC KINROSS GOLD CORP 0.2%

Value ($000) $2,044 (+137.5%) Shares 72,580 (+109.6%) Est. Cost $20.53 Unrealized +26.5%

NU NU HLDGS LTD 0.2%

Value ($000) $1,947 (+141.1%) Shares 116,337 (+130.6%) Est. Cost $15.15 Unrealized +6.1%

SPOT SPOTIFY TECHNOLOGY S A 0.2%

Value ($000) $2,078 (+106.3%) Shares 3,579 (+148.0%) Est. Cost $569.04 Unrealized +9.9%

PHM PULTE GROUP INC 3.0%

Value ($000) $33,400 (-2.4%) Shares 284,834 (+10.0%) Est. Cost $104.73 Unrealized +16.9%

PWR QUANTA SVCS INC 0.2%

Value ($000) $1,903 (+63.4%) Shares 4,509 (+60.5%) Est. Cost $407.63 Unrealized +7.8%

BABA ALIBABA GROUP HLDG LTD 1.9%

Value ($000) $21,593 (+3.5%) Shares 147,310 (+26.2%) Est. Cost $30.55 Unrealized —

SITM SITIME CORP 0.2%

Value ($000) $1,720 (+56.1%) Shares 4,871 (+33.2%) Est. Cost $252.01 Unrealized +24.2%

RH RH 0.2%

Value ($000) $2,266 (+36.7%) Shares 12,648 (+55.1%) Est. Cost $200.83 Unrealized -14.8%

SCI SERVICE CORP INTL 0.2%

Value ($000) $2,393 (+19.0%) Shares 30,686 (+27.0%) Est. Cost $77.99 Unrealized +2.6%

ROL ROLLINS INC 0.1%

Value ($000) $1,403 (+24.8%) Shares 23,368 (+22.1%) Est. Cost $50.44 Unrealized +16.3%

MLCO MELCO RESORTS AND ENTMNT LTD 0.8%

Value ($000) $8,485 (-2.9%) Shares 1,120,920 (+17.6%) Est. Cost $8.93 Unrealized —

WTTR SELECT WATER SOLUTIONS INC 0.1%

Value ($000) $1,028 (+9.6%) Shares 97,720 (+11.4%) Est. Cost $3.07 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RKT	ROCKET COS INC	1,718,580 (+1627.0%)	$33,272 (+1625.3%)	3.0%	$17.85	+0.1%	COM CL A	77311W101
BWXT	BWX TECHNOLOGIES INC	99,610 (+526.5%)	$17,217 (+487.3%)	1.5%	$176.41	+6.2%	COM	05605H100
RCL	ROYAL CARIBBEAN GROUP	114,441 (+73.2%)	$31,920 (+49.3%)	2.8%	$168.82	+66.8%	COM	V7780T103
AAPL	APPLE INC	113,952 (+34.0%)	$30,979 (+43.1%)	2.8%	$203.57	+31.8%	COM	037833100
AMZN	AMAZON COM INC	246,796 (+12.0%)	$56,965 (+17.7%)	5.1%	$169.56	+34.9%	COM	023135106
BA	BOEING CO	174,655 (+20.9%)	$37,921 (+21.6%)	3.4%	$181.62	+13.2%	COM	097023105
RIG	TRANSOCEAN LTD	4,577,619 (+15.7%)	$18,906 (+53.1%)	1.7%	$4.16	-6.7%	REGISTERED SHS	H8817H100
MU	MICRON TECHNOLOGY INC	32,320 (+4.3%)	$9,224 (+77.8%)	0.8%	$114.72	+99.9%	COM	595112103
HII	HUNTINGTON INGALLS INDS INC	66,940 (+2.6%)	$22,764 (+21.2%)	2.0%	$207.92	+48.9%	COM	446413106
DHI	D R HORTON INC	231,281 (+6.0%)	$33,311 (-9.9%)	3.0%	$131.83	+15.3%	COM	23331A109
APH	AMPHENOL CORP NEW	137,389 (+11.1%)	$18,567 (+21.3%)	1.6%	$68.62	+94.6%	CL A	032095101
AVGO	BROADCOM INC	101,175 (+4.6%)	$35,017 (+9.8%)	3.1%	$192.12	+85.8%	COM	11135F101
RDDT	REDDIT INC	16,563 (+382.9%)	$3,807 (+382.6%)	0.3%	$192.32	+9.4%	CL A	75734B100
SCHW	SCHWAB CHARLES CORP	325,538 (+4.0%)	$32,525 (+8.9%)	2.9%	$90.06	+5.2%	COM	808513105
CCL	CARNIVAL CORP	1,316,993 (+1.3%)	$40,221 (+7.0%)	3.6%	$18.40	+51.5%	UNIT 99/99/9999	143658300
TEL	TE CONNECTIVITY PLC	27,550 (+61.1%)	$6,268 (+67.0%)	0.6%	$211.87	+9.2%	ORD SHS	G87052109
NVDA	NVIDIA CORPORATION	202,130 (+4.7%)	$37,697 (+4.6%)	3.3%	$159.85	+16.4%	COM	67066G104
VALE	VALE S A	164,928 (+192.9%)	$2,149 (+251.5%)	0.2%	$13.25	—	SPONSORED ADS	91912E105
LNG	CHENIERE ENERGY INC	50,360 (+6.6%)	$9,789 (-11.8%)	0.9%	$168.97	+24.3%	COM NEW	16411R208
KGC	KINROSS GOLD CORP	72,580 (+109.6%)	$2,044 (+137.5%)	0.2%	$20.53	+26.5%	COM	496902404
NU	NU HLDGS LTD	116,337 (+130.6%)	$1,947 (+141.1%)	0.2%	$15.15	+6.1%	ORD SHS CL A	G6683N103
SPOT	SPOTIFY TECHNOLOGY S A	3,579 (+148.0%)	$2,078 (+106.3%)	0.2%	$569.04	+9.9%	SHS	L8681T102
PHM	PULTE GROUP INC	284,834 (+10.0%)	$33,400 (-2.4%)	3.0%	$104.73	+16.9%	COM	745867101
PWR	QUANTA SVCS INC	4,509 (+60.5%)	$1,903 (+63.4%)	0.2%	$407.63	+7.8%	COM	74762E102
BABA	ALIBABA GROUP HLDG LTD	147,310 (+26.2%)	$21,593 (+3.5%)	1.9%	$30.55	—	SPONSORED ADS	01609W102
SITM	SITIME CORP	4,871 (+33.2%)	$1,720 (+56.1%)	0.2%	$252.01	+24.2%	COM	82982T106
RH	RH	12,648 (+55.1%)	$2,266 (+36.7%)	0.2%	$200.83	-14.8%	COM	74967X103
SCI	SERVICE CORP INTL	30,686 (+27.0%)	$2,393 (+19.0%)	0.2%	$77.99	+2.6%	COM	817565104
ROL	ROLLINS INC	23,368 (+22.1%)	$1,403 (+24.8%)	0.1%	$50.44	+16.3%	COM	775711104
MLCO	MELCO RESORTS AND ENTMNT LTD	1,120,920 (+17.6%)	$8,485 (-2.9%)	0.8%	$8.93	—	ADR	585464100
WTTR	SELECT WATER SOLUTIONS INC	97,720 (+11.4%)	$1,028 (+9.6%)	0.1%	$3.07	—	CL A COM	81617J301

Exited Positions (34)

IBN ICICI BANK LIMITED 2.5%

Value ($000) $27,764 Shares 918,412 Est. Cost $26.37 Unrealized —

LHX L3HARRIS TECHNOLOGIES INC 1.8%

Value ($000) $20,777 Shares 68,030 Est. Cost $227.05 Unrealized +27.0%

PM PHILIP MORRIS INTL INC 1.7%

Value ($000) $19,336 Shares 119,213 Est. Cost $127.53 Unrealized +20.4%

— PROSHARES TR 0.6%

Value ($000) $6,886 Shares 476,550 Est. Cost $14.45 Unrealized —

GEV GE VERNOVA INC 0.6%

Value ($000) $6,272 Shares 10,200 Est. Cost $415.97 Unrealized +46.4%

FAS DIREXION SHS ETF TR 0.5%

Value ($000) $5,586 Shares 31,400 Est. Cost — Unrealized —

HON HONEYWELL INTL INC 0.3%

Value ($000) $3,556 Shares 16,894 Est. Cost $203.59 Unrealized -4.2%

AEM AGNICO EAGLE MINES LTD 0.2%

Value ($000) $2,567 Shares 15,228 Est. Cost $115.60 Unrealized +45.2%

MRVL MARVELL TECHNOLOGY INC 0.2%

Value ($000) $2,156 Shares 25,641 Est. Cost $73.50 Unrealized +19.0%

SKY CHAMPION HOMES INC 0.2%

Value ($000) $2,114 Shares 27,684 Est. Cost $70.62 Unrealized +11.6%

MGNI MAGNITE INC 0.2%

Value ($000) $2,062 Shares 94,652 Est. Cost $14.73 Unrealized +12.7%

CDNS CADENCE DESIGN SYSTEM INC 0.2%

Value ($000) $2,049 Shares 5,833 Est. Cost $344.03 Unrealized -5.1%

RBLX ROBLOX CORP 0.2%

Value ($000) $2,038 Shares 14,711 Est. Cost $124.28 Unrealized -14.6%

NCLH NORWEGIAN CRUISE LINE HLDG L 0.2%

Value ($000) $2,015 Shares 81,819 Est. Cost $20.71 Unrealized +1.9%

VG VENTURE GLOBAL INC 0.2%

Value ($000) $1,842 Shares 129,778 Est. Cost $14.48 Unrealized -42.6%

SAM BOSTON BEER INC 0.1%

Value ($000) $1,573 Shares 7,440 Est. Cost $212.75 Unrealized -3.1%

LULU LULULEMON ATHLETICA INC 0.1%

Value ($000) $1,509 Shares 8,480 Est. Cost $200.38 Unrealized -9.6%

BE BLOOM ENERGY CORP 0.1%

Value ($000) $1,424 Shares 16,836 Est. Cost $46.44 Unrealized +126.3%

GRAL GRAIL INC 0.1%

Value ($000) $1,257 Shares 21,253 Est. Cost $36.64 Unrealized +135.8%

INDA ISHARES TR 0.1%

Value ($000) $1,204 Shares 23,129 Est. Cost $33.52 Unrealized —

UVIX VS TRUST 0.1%

Value ($000) $984 Shares 99,126 Est. Cost $9.30 Unrealized —

XPEV XPENG INC 0.1%

Value ($000) $969 Shares 41,390 Est. Cost $23.42 Unrealized —

BTG B2GOLD CORP 0.1%

Value ($000) $962 Shares 194,412 Est. Cost $3.93 Unrealized +18.5%

STRL STERLING INFRASTRUCTURE INC 0.1%

Value ($000) $894 Shares 2,633 Est. Cost $283.87 Unrealized +21.4%

PLTR PALANTIR TECHNOLOGIES INC 0.1%

Value ($000) $866 Shares 4,750 Est. Cost $162.07 Unrealized +11.7%

DPZ DOMINOS PIZZA INC 0.1%

Value ($000) $842 Shares 1,950 Est. Cost $450.82 Unrealized -7.8%

OSCR OSCAR HEALTH INC 0.1%

Value ($000) $842 Shares 44,454 Est. Cost $16.48 Unrealized +5.0%

UUUU ENERGY FUELS INC 0.1%

Value ($000) $830 Shares 54,074 Est. Cost $5.66 Unrealized +199.7%

VZ VERIZON COMMUNICATIONS INC 0.1%

Value ($000) $817 Shares 18,600 Est. Cost $35.75 Unrealized +13.3%

OSW ONESPAWORLD HOLDINGS LIMITED 0.1%

Value ($000) $785 Shares 37,131 Est. Cost $19.19 Unrealized +8.9%

EXC EXELON CORP 0.1%

Value ($000) $644 Shares 14,317 Est. Cost $43.37 Unrealized +4.8%

NFE NEW FORTRESS ENERGY INC 0.1%

Value ($000) $611 Shares 276,601 Est. Cost $2.85 Unrealized -48.2%

MDT MEDTRONIC PLC 0.1%

Value ($000) $571 Shares 6,000 Est. Cost $73.46 Unrealized +32.2%

VICI VICI PPTYS INC 0.0%

Value ($000) $538 Shares 16,500 Est. Cost $26.97 Unrealized +8.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IBN	ICICI BANK LIMITED	918,412	$27,764	2.5%	$26.37	—	—	45104G104
LHX	L3HARRIS TECHNOLOGIES INC	68,030	$20,777	1.8%	$227.05	+27.0%	—	502431109
PM	PHILIP MORRIS INTL INC	119,213	$19,336	1.7%	$127.53	+20.4%	—	718172109
—	PROSHARES TR	476,550	$6,886	0.6%	$14.45	—	—	74347G416
GEV	GE VERNOVA INC	10,200	$6,272	0.6%	$415.97	+46.4%	—	36828A101
FAS	DIREXION SHS ETF TR	31,400	$5,586	0.5%	—	—	PUT	25459Y694
HON	HONEYWELL INTL INC	16,894	$3,556	0.3%	$203.59	-4.2%	—	438516106
AEM	AGNICO EAGLE MINES LTD	15,228	$2,567	0.2%	$115.60	+45.2%	—	008474108
MRVL	MARVELL TECHNOLOGY INC	25,641	$2,156	0.2%	$73.50	+19.0%	—	573874104
SKY	CHAMPION HOMES INC	27,684	$2,114	0.2%	$70.62	+11.6%	—	830830105
MGNI	MAGNITE INC	94,652	$2,062	0.2%	$14.73	+12.7%	—	55955D100
CDNS	CADENCE DESIGN SYSTEM INC	5,833	$2,049	0.2%	$344.03	-5.1%	—	127387108
RBLX	ROBLOX CORP	14,711	$2,038	0.2%	$124.28	-14.6%	—	771049103
NCLH	NORWEGIAN CRUISE LINE HLDG L	81,819	$2,015	0.2%	$20.71	+1.9%	—	G66721104
VG	VENTURE GLOBAL INC	129,778	$1,842	0.2%	$14.48	-42.6%	—	92333F101
SAM	BOSTON BEER INC	7,440	$1,573	0.1%	$212.75	-3.1%	—	100557107
LULU	LULULEMON ATHLETICA INC	8,480	$1,509	0.1%	$200.38	-9.6%	—	550021109
BE	BLOOM ENERGY CORP	16,836	$1,424	0.1%	$46.44	+126.3%	—	093712107
GRAL	GRAIL INC	21,253	$1,257	0.1%	$36.64	+135.8%	—	384747101
INDA	ISHARES TR	23,129	$1,204	0.1%	$33.52	—	—	46429B598
UVIX	VS TRUST	99,126	$984	0.1%	$9.30	—	—	92891H606
XPEV	XPENG INC	41,390	$969	0.1%	$23.42	—	—	98422D105
BTG	B2GOLD CORP	194,412	$962	0.1%	$3.93	+18.5%	—	11777Q209
STRL	STERLING INFRASTRUCTURE INC	2,633	$894	0.1%	$283.87	+21.4%	—	859241101
PLTR	PALANTIR TECHNOLOGIES INC	4,750	$866	0.1%	$162.07	+11.7%	—	69608A108
DPZ	DOMINOS PIZZA INC	1,950	$842	0.1%	$450.82	-7.8%	—	25754A201
OSCR	OSCAR HEALTH INC	44,454	$842	0.1%	$16.48	+5.0%	—	687793109
UUUU	ENERGY FUELS INC	54,074	$830	0.1%	$5.66	+199.7%	—	292671708
VZ	VERIZON COMMUNICATIONS INC	18,600	$817	0.1%	$35.75	+13.3%	—	92343V104
OSW	ONESPAWORLD HOLDINGS LIMITED	37,131	$785	0.1%	$19.19	+8.9%	—	P73684113
EXC	EXELON CORP	14,317	$644	0.1%	$43.37	+4.8%	—	30161N101
NFE	NEW FORTRESS ENERGY INC	276,601	$611	0.1%	$2.85	-48.2%	—	644393100
MDT	MEDTRONIC PLC	6,000	$571	0.1%	$73.46	+32.2%	—	G5960L103
VICI	VICI PPTYS INC	16,500	$538	0.0%	$26.97	+8.7%	—	925652109

Decreased Positions (25)

LMT LOCKHEED MARTIN CORP 0.1%

Value ($000) $1,245 (-96.0%) Shares 2,575 (-95.9%) Est. Cost $448.15 Unrealized +6.3%

GD GENERAL DYNAMICS CORP 1.6%

Value ($000) $17,523 (-54.1%) Shares 52,050 (-53.5%) Est. Cost $248.03 Unrealized +37.4%

KTOS KRATOS DEFENSE & SEC SOLUTIO 0.1%

Value ($000) $1,659 (-91.9%) Shares 21,854 (-90.2%) Est. Cost $36.21 Unrealized +126.1%

TDY TELEDYNE TECHNOLOGIES INC 1.3%

Value ($000) $14,681 (-54.4%) Shares 28,745 (-47.7%) Est. Cost $547.47 Unrealized -3.8%

DELL DELL TECHNOLOGIES INC 1.3%

Value ($000) $15,047 (-51.8%) Shares 119,532 (-45.7%) Est. Cost $124.24 Unrealized +13.3%

MSFT MICROSOFT CORP 1.8%

Value ($000) $20,453 (-40.3%) Shares 42,292 (-36.0%) Est. Cost $310.83 Unrealized +61.0%

MMYT MAKEMYTRIP LIMITED MAURITIUS 0.1%

Value ($000) $852 (-94.0%) Shares 10,374 (-93.2%) Est. Cost $97.63 Unrealized -16.0%

META META PLATFORMS INC 3.4%

Value ($000) $38,320 (-15.5%) Shares 58,053 (-6.0%) Est. Cost $597.81 Unrealized +11.6%

TSLA TESLA INC 0.2%

Value ($000) $2,570 (-71.1%) Shares 5,715 (-71.4%) Est. Cost $338.79 Unrealized +30.8%

NOC NORTHROP GRUMMAN CORP 0.8%

Value ($000) $8,733 (-39.7%) Shares 15,316 (-35.6%) Est. Cost $442.41 Unrealized +30.8%

EXE EXPAND ENERGY CORPORATION 2.2%

Value ($000) $24,800 (-16.9%) Shares 224,715 (-20.0%) Est. Cost $92.26 Unrealized +19.9%

EG EVEREST GROUP LTD 0.8%

Value ($000) $9,456 (-33.0%) Shares 27,865 (-30.8%) Est. Cost $365.99 Unrealized -9.8%

FWONK LIBERTY MEDIA CORP DEL 0.3%

Value ($000) $3,564 (-52.7%) Shares 36,174 (-49.9%) Est. Cost $72.86 Unrealized —

WYNN WYNN RESORTS LTD 1.4%

Value ($000) $15,550 (-11.9%) Shares 129,230 (-6.1%) Est. Cost $115.07 Unrealized +7.4%

HDB HDFC BANK LTD 0.1%

Value ($000) $1,569 (-49.8%) Shares 42,930 (-53.0%) Est. Cost $48.35 Unrealized —

PDD PDD HOLDINGS INC 0.1%

Value ($000) $958 (-60.1%) Shares 8,450 (-53.4%) Est. Cost $0.10 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.5%

Value ($000) $5,315 (-19.9%) Shares 16,100 (-16.2%) Est. Cost $409.72 Unrealized -17.7%

C CITIGROUP INC 0.8%

Value ($000) $8,578 (-10.4%) Shares 73,510 (-22.1%) Est. Cost $86.23 Unrealized +20.2%

BKD BROOKDALE SR LIVING INC 0.5%

Value ($000) $5,744 (+13.0%) Shares 532,300 (-11.3%) Est. Cost $6.66 Unrealized +47.6%

RTX RTX CORPORATION 2.3%

Value ($000) $25,347 (+2.2%) Shares 138,206 (-6.8%) Est. Cost $109.59 Unrealized +58.2%

NEM NEWMONT CORP 0.2%

Value ($000) $2,050 (-7.3%) Shares 20,532 (-21.7%) Est. Cost $69.39 Unrealized +30.0%

JPM JPMORGAN CHASE & CO. 1.5%

Value ($000) $16,759 (+0.8%) Shares 52,010 (-1.3%) Est. Cost $117.97 Unrealized +162.4%

PL PLANET LABS PBC 0.1%

Value ($000) $976 (+5.4%) Shares 49,512 (-30.7%) Est. Cost $3.83 Unrealized +274.0%

LVS LAS VEGAS SANDS CORP 2.1%

Value ($000) $23,563 (+0.2%) Shares 362,002 (-17.2%) Est. Cost $52.28 Unrealized +17.1%

SEI SOLARIS ENERGY INFRAS INC 0.2%

Value ($000) $2,249 (-1.7%) Shares 48,932 (-14.6%) Est. Cost $20.51 Unrealized +135.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LMT	LOCKHEED MARTIN CORP	2,575 (-95.9%)	$1,245 (-96.0%)	0.1%	$448.15	+6.3%	COM	539830109
GD	GENERAL DYNAMICS CORP	52,050 (-53.5%)	$17,523 (-54.1%)	1.6%	$248.03	+37.4%	COM	369550108
KTOS	KRATOS DEFENSE & SEC SOLUTIO	21,854 (-90.2%)	$1,659 (-91.9%)	0.1%	$36.21	+126.1%	COM NEW	50077B207
TDY	TELEDYNE TECHNOLOGIES INC	28,745 (-47.7%)	$14,681 (-54.4%)	1.3%	$547.47	-3.8%	COM	879360105
DELL	DELL TECHNOLOGIES INC	119,532 (-45.7%)	$15,047 (-51.8%)	1.3%	$124.24	+13.3%	CL C	24703L202
MSFT	MICROSOFT CORP	42,292 (-36.0%)	$20,453 (-40.3%)	1.8%	$310.83	+61.0%	COM	594918104
MMYT	MAKEMYTRIP LIMITED MAURITIUS	10,374 (-93.2%)	$852 (-94.0%)	0.1%	$97.63	-16.0%	SHS	V5633W109
META	META PLATFORMS INC	58,053 (-6.0%)	$38,320 (-15.5%)	3.4%	$597.81	+11.6%	CL A	30303M102
TSLA	TESLA INC	5,715 (-71.4%)	$2,570 (-71.1%)	0.2%	$338.79	+30.8%	COM	88160R101
NOC	NORTHROP GRUMMAN CORP	15,316 (-35.6%)	$8,733 (-39.7%)	0.8%	$442.41	+30.8%	COM	666807102
EXE	EXPAND ENERGY CORPORATION	224,715 (-20.0%)	$24,800 (-16.9%)	2.2%	$92.26	+19.9%	COM	165167735
EG	EVEREST GROUP LTD	27,865 (-30.8%)	$9,456 (-33.0%)	0.8%	$365.99	-9.8%	COM	G3223R108
FWONK	LIBERTY MEDIA CORP DEL	36,174 (-49.9%)	$3,564 (-52.7%)	0.3%	$72.86	—	COM LBTY ONE S C	531229755
WYNN	WYNN RESORTS LTD	129,230 (-6.1%)	$15,550 (-11.9%)	1.4%	$115.07	+7.4%	COM	983134107
HDB	HDFC BANK LTD	42,930 (-53.0%)	$1,569 (-49.8%)	0.1%	$48.35	—	SPONSORED ADS	40415F101
PDD	PDD HOLDINGS INC	8,450 (-53.4%)	$958 (-60.1%)	0.1%	$0.10	—	SPONSORED ADS	722304102
UNH	UNITEDHEALTH GROUP INC	16,100 (-16.2%)	$5,315 (-19.9%)	0.5%	$409.72	-17.7%	COM	91324P102
C	CITIGROUP INC	73,510 (-22.1%)	$8,578 (-10.4%)	0.8%	$86.23	+20.2%	COM NEW	172967424
BKD	BROOKDALE SR LIVING INC	532,300 (-11.3%)	$5,744 (+13.0%)	0.5%	$6.66	+47.6%	COM	112463104
RTX	RTX CORPORATION	138,206 (-6.8%)	$25,347 (+2.2%)	2.3%	$109.59	+58.2%	COM	75513E101
NEM	NEWMONT CORP	20,532 (-21.7%)	$2,050 (-7.3%)	0.2%	$69.39	+30.0%	COM	651639106
JPM	JPMORGAN CHASE & CO.	52,010 (-1.3%)	$16,759 (+0.8%)	1.5%	$117.97	+162.4%	COM	46625H100
PL	PLANET LABS PBC	49,512 (-30.7%)	$976 (+5.4%)	0.1%	$3.83	+274.0%	COM CL A	72703X106
LVS	LAS VEGAS SANDS CORP	362,002 (-17.2%)	$23,563 (+0.2%)	2.1%	$52.28	+17.1%	COM	517834107
SEI	SOLARIS ENERGY INFRAS INC	48,932 (-14.6%)	$2,249 (-1.7%)	0.2%	$20.51	+135.5%	COM CL A	83418M103

Unchanged Positions (19)

GOOG ALPHABET INC 4.8%

Value ($000) $54,387 Shares 173,318 Est. Cost $169.70 Unrealized +68.7%

EHC ENCOMPASS HEALTH CORP 0.9%

Value ($000) $10,136 Shares 95,501 Est. Cost $59.39 Unrealized +94.8%

MELI MERCADOLIBRE INC 0.9%

Value ($000) $9,747 Shares 4,839 Est. Cost $1704.14 Unrealized +23.3%

FIHL FIDELIS INSURANCE HOLDINGS L 1.1%

Value ($000) $11,880 Shares 607,054 Est. Cost $17.25 Unrealized +8.1%

PANW PALO ALTO NETWORKS INC 0.6%

Value ($000) $7,235 Shares 39,279 Est. Cost $187.43 Unrealized +7.6%

AER AERCAP HOLDINGS NV 0.4%

Value ($000) $4,210 Shares 29,286 Est. Cost $107.75 Unrealized +22.9%

MOS MOSAIC CO NEW 0.1%

Value ($000) $997 Shares 41,390 Est. Cost $33.96 Unrealized -21.2%

GE GE AEROSPACE 1.4%

Value ($000) $15,842 Shares 51,430 Est. Cost $218.59 Unrealized +37.6%

DUK DUKE ENERGY CORP NEW 0.6%

Value ($000) $6,253 Shares 53,352 Est. Cost $90.70 Unrealized +34.0%

CRSP CRISPR THERAPEUTICS AG 0.1%

Value ($000) $1,206 Shares 23,000 Est. Cost $57.41 Unrealized +4.3%

CCL CARNIVAL CORP 0.4%

Value ($000) $4,865 Shares 159,300 Est. Cost $18.40 Unrealized +51.5%

MS MORGAN STANLEY 0.2%

Value ($000) $1,763 Shares 9,928 Est. Cost $92.61 Unrealized +79.8%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.1%

Value ($000) $1,148 Shares 3,779 Est. Cost $279.29 Unrealized —

BAC BANK AMERICA CORP 0.1%

Value ($000) $1,320 Shares 24,000 Est. Cost $31.71 Unrealized +66.1%

GILD GILEAD SCIENCES INC 0.1%

Value ($000) $773 Shares 6,300 Est. Cost $70.79 Unrealized +70.7%

XOM EXXON MOBIL CORP 0.1%

Value ($000) $880 Shares 7,310 Est. Cost $74.76 Unrealized +54.5%

BA BOEING CO 0.8%

Value ($000) $9,119 Shares 42,000 Est. Cost $181.62 Unrealized +13.2%

BKNG BOOKING HOLDINGS INC 0.4%

Value ($000) $4,948 Shares 924 Est. Cost $2150.16 Unrealized +139.0%

SPG SIMON PPTY GROUP INC NEW 0.1%

Value ($000) $889 Shares 4,800 Est. Cost $93.48 Unrealized +92.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	173,318	$54,387	4.8%	$169.70	+68.7%	CAP STK CL C	02079K107
EHC	ENCOMPASS HEALTH CORP	95,501	$10,136	0.9%	$59.39	+94.8%	COM	29261A100
MELI	MERCADOLIBRE INC	4,839	$9,747	0.9%	$1704.14	+23.3%	COM	58733R102
FIHL	FIDELIS INSURANCE HOLDINGS L	607,054	$11,880	1.1%	$17.25	+8.1%	COM	G3398L118
PANW	PALO ALTO NETWORKS INC	39,279	$7,235	0.6%	$187.43	+7.6%	COM	697435105
AER	AERCAP HOLDINGS NV	29,286	$4,210	0.4%	$107.75	+22.9%	SHS	N00985106
MOS	MOSAIC CO NEW	41,390	$997	0.1%	$33.96	-21.2%	COM	61945C103
GE	GE AEROSPACE	51,430	$15,842	1.4%	$218.59	+37.6%	COM NEW	369604301
DUK	DUKE ENERGY CORP NEW	53,352	$6,253	0.6%	$90.70	+34.0%	COM NEW	26441C204
CRSP	CRISPR THERAPEUTICS AG	23,000	$1,206	0.1%	$57.41	+4.3%	NAMEN AKT	H17182108
CCL	CARNIVAL CORP	159,300	$4,865	0.4%	$18.40	+51.5%	CALL	143658300
MS	MORGAN STANLEY	9,928	$1,763	0.2%	$92.61	+79.8%	COM NEW	617446448
TSM	TAIWAN SEMICONDUCTOR MFG LTD	3,779	$1,148	0.1%	$279.29	—	SPONSORED ADS	874039100
BAC	BANK AMERICA CORP	24,000	$1,320	0.1%	$31.71	+66.1%	COM	060505104
GILD	GILEAD SCIENCES INC	6,300	$773	0.1%	$70.79	+70.7%	COM	375558103
XOM	EXXON MOBIL CORP	7,310	$880	0.1%	$74.76	+54.5%	COM	30231G102
BA	BOEING CO	42,000	$9,119	0.8%	$181.62	+13.2%	CALL	097023105
BKNG	BOOKING HOLDINGS INC	924	$4,948	0.4%	$2150.16	+139.0%	COM	09857L108
SPG	SIMON PPTY GROUP INC NEW	4,800	$889	0.1%	$93.48	+92.6%	COM	828806109