Blackstone Inc. Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	1,800,000	$443,088	1.8%	$228.35	—	CALL	464287655
QQQ	INVESCO QQQ TR	500,000	$307,155	1.2%	—	—	CALL	46090E103
SUNC	SUNOCOCORP LLC	1,634,855	$80,566	0.3%	$49.49	0.0%	COM SHS LLC	86765Q106
NVT	NVENT ELECTRIC PLC	610,000	$62,202	0.2%	$103.61	0.0%	SHS	G6700G107
ACHR	ARCHER AVIATION INC	7,812,500	$58,750	0.2%	$9.41	0.0%	COM CL A	03945R102
WBS	WEBSTER FINL CORP	575,000	$36,191	0.1%	$59.37	0.0%	COM	947890109
CMA	COMERICA INC	388,669	$33,787	0.1%	$79.98	0.0%	COM	200340107
KRE	SPDR SERIES TRUST	425,782	$27,595	0.1%	$64.81	—	STATE STREET SPD	78464A698
ITT	ITT INC	140,000	$24,291	0.1%	$179.17	0.0%	COM	45073V108
VRT	VERTIV HOLDINGS CO	135,000	$21,871	0.1%	$173.58	0.0%	COM CL A	92537N108
TERN	TERNS PHARMACEUTICALS INC	476,754	$19,261	0.1%	$23.11	0.0%	COM	880881107
—	RIOT PLATFORMS INC	16,000,000	$18,140	0.1%	$1.13	—	NOTE 0.750% 1/1	767292AB1
—	MARA HOLDINGS INC	20,000,000	$15,780	0.1%	$0.79	—	NOTE 3/0	565788AF3
—	JD.COM INC	11,000,000	$11,050	0.0%	$1.00	—	NOTE 0.250% 6/0	47215PAJ5
XFOR	X4 PHARMACEUTICALS INC	2,681,922	$10,728	0.0%	$3.63	0.0%	COM NEW	98420X202
KBONU	KARBON CAP PARTNERS CORP	1,000,000	$10,060	0.0%	$10.06	—	UNIT 12/11/2030	G5225W126
SABS	SAB BIOTHERAPEUTICS INC	2,143,585	$8,017	0.0%	$3.29	0.0%	COM NEW	78397T202
HPP	HUDSON PAC PPTYS INC	542,442	$5,875	0.0%	$10.83	—	COM	444097406
LMRI	LUMEXA IMAGING HOLDINGS INC	300,000	$5,550	0.0%	$18.05	0.0%	COM	550249106
GM	GENERAL MTRS CO	62,284	$5,065	0.0%	$70.40	0.0%	COM	37045V100
LBRDK	LIBERTY BROADBAND CORP	100,093	$4,865	0.0%	$52.01	0.0%	COM SER C	530307305
GTLB	GITLAB INC	109,706	$4,117	0.0%	$43.29	0.0%	CLASS A COM	37637K108
LINE	LINEAGE INC	117,538	$4,114	0.0%	$35.00	—	COM	53566V106
MRP	MILLROSE PPTYS INC	135,411	$4,045	0.0%	$29.87	—	COM CL A	601137102
CPNG	COUPANG INC	169,287	$3,993	0.0%	$28.45	0.0%	CL A	22266T109
DRVN	DRIVEN BRANDS HLDGS INC	250,705	$3,715	0.0%	$14.88	0.0%	COM	26210V102
SPGI	S&P GLOBAL INC	7,063	$3,691	0.0%	$494.21	0.0%	COM	78409V104
WDC	WESTERN DIGITAL CORP	20,605	$3,550	0.0%	$151.55	0.0%	COM	958102105
XEL	XCEL ENERGY INC	48,041	$3,548	0.0%	$78.29	0.0%	COM	98389B100
ATEC	ALPHATEC HLDGS INC	161,900	$3,406	0.0%	$18.51	0.0%	COM NEW	02081G201
TS	TENARIS S A	84,597	$3,253	0.0%	$38.45	—	SPONSORED ADS	88031M109
FHN	FIRST HORIZON CORPORATION	134,596	$3,217	0.0%	$22.18	0.0%	COM	320517105
FOXA	FOX CORP	43,931	$3,210	0.0%	$65.34	0.0%	CL A COM	35137L105
SYF	SYNCHRONY FINANCIAL	35,435	$2,956	0.0%	$76.31	0.0%	COM	87165B103
NWSA	NEWS CORP NEW	112,975	$2,951	0.0%	$26.23	0.0%	CL A	65249B109
CTVA	CORTEVA INC	42,998	$2,882	0.0%	$64.54	0.0%	COM	22052L104
ABCB	AMERIS BANCORP	38,741	$2,877	0.0%	$74.22	0.0%	COM	03076K108
CVX	CHEVRON CORP NEW	18,792	$2,864	0.0%	$151.40	0.0%	COM	166764100
GLW	CORNING INC	32,523	$2,848	0.0%	$85.98	0.0%	COM	219350105
DXCM	DEXCOM INC	42,417	$2,815	0.0%	$64.65	0.0%	COM	252131107
ISRG	INTUITIVE SURGICAL INC	4,891	$2,770	0.0%	$532.37	0.0%	COM NEW	46120E602
AAUC	ALLIED GOLD CORP	119,457	$2,733	0.0%	$19.26	0.0%	COM NEW	01921D204
CEPV	CANTOR EQUITY PARTNERS V INC	250,000	$2,563	0.0%	$10.25	0.0%	SHS CL A S	G1828S109
SGHC	SUPER GROUP SGHC LIMITED	208,349	$2,490	0.0%	$12.02	0.0%	ORD SHS	G8588X103
TNL	TRAVEL PLUS LEISURE CO	35,073	$2,474	0.0%	$65.12	0.0%	COM	894164102
INTU	INTUIT	3,733	$2,473	0.0%	$660.69	0.0%	COM	461202103
ENVA	ENOVA INTL INC	15,607	$2,453	0.0%	$130.16	0.0%	COM	29357K103
APLD	APPLIED DIGITAL CORP	98,678	$2,420	0.0%	$28.80	0.0%	COM NEW	038169207
MCD	MCDONALDS CORP	7,596	$2,322	0.0%	$305.09	0.0%	COM	580135101
ORLY	OREILLY AUTOMOTIVE INC	24,880	$2,269	0.0%	$97.70	0.0%	COM	67103H107
MMM	3M CO	14,098	$2,257	0.0%	$163.18	0.0%	COM	88579Y101
AVGO	BROADCOM INC	6,182	$2,140	0.0%	$357.00	0.0%	COM	11135F101
IMVT	IMMUNOVANT INC	79,673	$2,025	0.0%	$22.30	0.0%	COM	45258J102
CP	CANADIAN PACIFIC KANSAS CITY	27,239	$2,006	0.0%	$73.60	0.0%	COM	13646K108
ARMN	ARIS MNG CORP	122,951	$1,995	0.0%	$12.29	0.0%	COM	04040Y109
GRAL	GRAIL INC	23,036	$1,972	0.0%	$86.40	0.0%	COM	384747101
ARM	ARM HOLDINGS PLC	16,784	$1,835	0.0%	$109.31	—	SPONSORED ADS	042068205
APP	APPLOVIN CORP	2,545	$1,715	0.0%	$630.10	0.0%	COM CL A	03831W108
SATS	ECHOSTAR CORP	14,702	$1,598	0.0%	$81.43	0.0%	CL A	278768106
WBD	WARNER BROS DISCOVERY INC	54,857	$1,581	0.0%	$23.37	0.0%	COM SER A	934423104
ONC	BEONE MEDICINES LTD	5,203	$1,581	0.0%	$303.81	—	SPONSORED ADS	07725L102
—	CYBERARK SOFTWARE LTD	3,483	$1,554	0.0%	$446.06	—	SHS	M2682V108
RNA	AVIDITY BIOSCIENCES INC	21,470	$1,549	0.0%	$64.59	0.0%	COM	05370A108
—	CIDARA THERAPEUTICS INC	6,944	$1,534	0.0%	$220.89	—	COM NEW	171757206
JHG	JANUS HENDERSON GROUP PLC	32,028	$1,524	0.0%	$44.24	0.0%	ORD SHS	G4474Y214
EXAS	EXACT SCIENCES CORP	14,996	$1,523	0.0%	$80.31	0.0%	COM	30063P105
EA	ELECTRONIC ARTS INC	7,437	$1,520	0.0%	$201.71	0.0%	COM	285512109
—	INDIVIOR PLC	42,288	$1,517	0.0%	$35.88	—	ORD	G4766E116
GTLS	CHART INDS INC	7,353	$1,516	0.0%	$202.64	0.0%	COM	16115Q308
NSC	NORFOLK SOUTHN CORP	5,231	$1,510	0.0%	$288.62	0.0%	COM	655844108
MELI	MERCADOLIBRE INC	711	$1,432	0.0%	$2100.46	0.0%	COM	58733R102
DBRG	DIGITALBRIDGE GROUP INC	92,887	$1,425	0.0%	$12.01	0.0%	CL A NEW	25401T603
AHL	ASPEN INSURANCE HOLDINGS LTD	37,053	$1,375	0.0%	$36.88	0.0%	ORD SHS CL A	G05384501
—	FRONTIER COMMUNICATIONS PARE	34,262	$1,304	0.0%	$38.07	—	COM	35909D109
LITE	LUMENTUM HLDGS INC	3,418	$1,260	0.0%	$256.82	0.0%	COM	55024U109
TGNA	TEGNA INC	63,974	$1,242	0.0%	$19.76	0.0%	COM	87901J105
—	HILLENBRAND INC	38,300	$1,215	0.0%	$31.72	—	COM	431571108
CELC	CELCUITY INC	11,668	$1,164	0.0%	$82.21	0.0%	COM	15102K100
GOOG	ALPHABET INC	3,542	$1,111	0.0%	$286.33	0.0%	CAP STK CL C	02079K107
ASML	ASML HOLDING N V	1,035	$1,107	0.0%	$1069.86	—	N Y REGISTRY SHS	N07059210
CSGS	CSG SYS INTL INC	14,369	$1,102	0.0%	$73.52	0.0%	COM	126349109
TTMI	TTM TECHNOLOGIES INC	14,212	$981	0.0%	$65.27	0.0%	COM	87305R109
SEMR	SEMRUSH HLDGS INC	79,299	$943	0.0%	$9.37	0.0%	CL A COM	81686C104
—	JAMF HLDG CORP	70,193	$913	0.0%	$13.01	—	COM	47074L105
TGS	TRANSPORTADORA DE GAS SUR	24,946	$776	0.0%	$31.09	—	SPONSORED ADS B	893870204
—	FS SPECIALTY LENDING FD	48,202	$682	0.0%	$14.14	—	COM SH BEN INT	644323107
PRA	PROASSURANCE CORP	25,193	$609	0.0%	$24.04	0.0%	COM	74267C106
STAA	STAAR SURGICAL CO	22,795	$526	0.0%	$25.77	0.0%	COM PAR $0.01	852312305
—	SOHO HOUSE & CO INC	47,502	$426	0.0%	$8.96	—	COM CL A	586001109
GLOO	GLOO HOLDINGS INC	60,800	$346	0.0%	$7.39	0.0%	CL A	379598105
NG	NOVAGOLD RES INC	17,051	$159	0.0%	$9.27	0.0%	COM NEW	66987E206
XIFR	XPLR INFRASTRUCTURE LP	14,000	$140	0.0%	$9.69	0.0%	COM UNIT PART IN	65341B106
BTDR	BITDEER TECHNOLOGIES GROUP	10,444	$117	0.0%	$16.11	0.0%	CL A ORD SHS	G11448100
PLUG	PLUG POWER INC	15,250	$30	0.0%	$2.61	0.0%	COM NEW	72919P202

Increased Positions (73)

SPY SPDR S&P 500 ETF TR 6.9%

Value ($000) $1,738,419 (+13.5%) Shares 2,549,300 (+10.8%) Est. Cost $665.44 Unrealized —

MPLX MPLX LP 3.3%

Value ($000) $838,202 (+19.7%) Shares 15,705,485 (+12.0%) Est. Cost $19.25 Unrealized —

VNOM VIPER ENERGY INC 0.8%

Value ($000) $193,150 (+152.7%) Shares 5,000,000 (+150.0%) Est. Cost $37.96 Unrealized -0.2%

MSFT MICROSOFT CORP 0.4%

Value ($000) $104,200 (+2195.2%) Shares 215,459 (+2358.2%) Est. Cost $499.99 Unrealized +0.1%

WES WESTERN MIDSTREAM PARTNERS L 1.7%

Value ($000) $438,169 (+23.3%) Shares 11,092,895 (+22.6%) Est. Cost $25.70 Unrealized —

LNG CHENIERE ENERGY INC 3.0%

Value ($000) $756,163 (-6.7%) Shares 3,889,928 (+12.8%) Est. Cost $158.14 Unrealized +32.8%

SUN SUNOCO LP/SUNOCO FIN CORP 0.5%

Value ($000) $127,597 (+35.4%) Shares 2,434,594 (+29.2%) Est. Cost $52.71 Unrealized —

TRP TC ENERGY CORP 0.5%

Value ($000) $123,882 (+35.5%) Shares 2,251,984 (+34.0%) Est. Cost $45.27 Unrealized +17.9%

CX CEMEX SAB DE CV 0.3%

Value ($000) $84,071 (+61.2%) Shares 7,316,901 (+26.2%) Est. Cost $9.51 Unrealized —

V VISA INC 0.3%

Value ($000) $69,543 (+65.1%) Shares 198,293 (+60.7%) Est. Cost $343.34 Unrealized -0.9%

AMZN AMAZON COM INC 0.5%

Value ($000) $117,206 (+29.8%) Shares 507,780 (+23.5%) Est. Cost $197.00 Unrealized +16.1%

CRS CARPENTER TECHNOLOGY CORP 0.1%

Value ($000) $23,138 (+3025.5%) Shares 73,491 (+2337.5%) Est. Cost $298.70 Unrealized +0.6%

GDX VANECK ETF TRUST 0.2%

Value ($000) $48,692 (+82.1%) Shares 567,710 (+62.2%) Est. Cost $64.99 Unrealized —

BXMT BLACKSTONE MTG TR INC 0.7%

Value ($000) $177,590 (+12.1%) Shares 9,283,323 (+7.9%) Est. Cost $25.59 Unrealized —

ORKA ORUKA THERAPEUTICS INC 0.1%

Value ($000) $35,324 (+116.0%) Shares 1,165,408 (+37.0%) Est. Cost $19.06 Unrealized +46.2%

DTM DT MIDSTREAM INC 1.1%

Value ($000) $266,964 (+7.3%) Shares 2,230,647 (+1.4%) Est. Cost $94.35 Unrealized +21.1%

FLUT FLUTTER ENTMT PLC 0.3%

Value ($000) $72,038 (+31.9%) Shares 335,000 (+55.8%) Est. Cost $244.50 Unrealized -8.0%

FOLD AMICUS THERAPEUTICS INC 0.1%

Value ($000) $36,657 (+88.6%) Shares 2,574,204 (+4.3%) Est. Cost $11.29 Unrealized -13.0%

BAC BANK AMERICA CORP 0.3%

Value ($000) $63,525 (+28.4%) Shares 1,155,000 (+20.4%) Est. Cost $43.58 Unrealized +20.8%

META META PLATFORMS INC 0.1%

Value ($000) $15,876 (+251.3%) Shares 24,052 (+290.8%) Est. Cost $676.63 Unrealized -1.4%

MTZ MASTEC INC 0.3%

Value ($000) $79,106 (+16.2%) Shares 363,924 (+13.7%) Est. Cost $144.77 Unrealized +45.0%

IKT INHIBIKASE THERAPEUTICS INC 0.0%

Value ($000) $12,173 (+184.8%) Shares 5,938,276 (+125.1%) Est. Cost $1.94 Unrealized -18.0%

SPY SPDR S&P 500 ETF TR 0.3%

Value ($000) $67,381 (+12.1%) Shares 98,810 (+9.5%) Est. Cost $665.44 Unrealized —

UNP UNION PAC CORP 0.0%

Value ($000) $8,266 (+687.1%) Shares 35,733 (+704.3%) Est. Cost $226.80 Unrealized +0.2%

BMBL BUMBLE INC 0.5%

Value ($000) $133,473 (+5.3%) Shares 37,387,500 (+79.6%) Est. Cost $39.48 Unrealized -88.8%

MA MASTERCARD INCORPORATED 0.0%

Value ($000) $6,249 (+551.7%) Shares 10,947 (+549.3%) Est. Cost $556.34 Unrealized +0.5%

GE GE AEROSPACE 0.0%

Value ($000) $6,495 (+435.0%) Shares 21,087 (+422.5%) Est. Cost $295.42 Unrealized +1.8%

AAPL APPLE INC 0.0%

Value ($000) $7,315 (+214.2%) Shares 26,907 (+194.3%) Est. Cost $253.81 Unrealized +5.7%

WMT WALMART INC 0.0%

Value ($000) $6,973 (+173.2%) Shares 62,593 (+152.7%) Est. Cost $104.05 Unrealized +3.0%

FSLR FIRST SOLAR INC 0.0%

Value ($000) $4,796 (+518.6%) Shares 18,360 (+422.2%) Est. Cost $240.66 Unrealized +4.8%

JPM JPMORGAN CHASE & CO. 0.0%

Value ($000) $4,722 (+554.1%) Shares 14,656 (+540.3%) Est. Cost $300.38 Unrealized +3.0%

TDG TRANSDIGM GROUP INC 0.0%

Value ($000) $4,254 (+430.9%) Shares 3,199 (+426.2%) Est. Cost $1321.02 Unrealized -0.8%

SNPS SYNOPSYS INC 0.0%

Value ($000) $3,896 (+709.1%) Shares 8,295 (+749.9%) Est. Cost $458.47 Unrealized -3.1%

NFLX NETFLIX INC 0.0%

Value ($000) $5,936 (+126.1%) Shares 63,308 (+2790.8%) Est. Cost $107.96 Unrealized -0.1%

SHEL SHELL PLC 0.0%

Value ($000) $4,634 (+245.8%) Shares 63,064 (+236.6%) Est. Cost $72.90 Unrealized —

MNSO MINISO GROUP HLDG LTD 0.0%

Value ($000) $4,869 (+200.8%) Shares 259,702 (+260.9%) Est. Cost $19.79 Unrealized —

BTI BRITISH AMERN TOB PLC 0.0%

Value ($000) $4,378 (+253.0%) Shares 77,314 (+230.9%) Est. Cost $55.55 Unrealized —

CVS CVS HEALTH CORP 0.0%

Value ($000) $4,700 (+168.2%) Shares 59,223 (+154.8%) Est. Cost $74.42 Unrealized +5.7%

TEVA TEVA PHARMACEUTICAL INDS LTD 0.0%

Value ($000) $4,278 (+210.4%) Shares 137,056 (+100.9%) Est. Cost $25.73 Unrealized —

BP BP PLC 0.0%

Value ($000) $4,233 (+216.8%) Shares 121,896 (+214.3%) Est. Cost $34.64 Unrealized —

ROIV ROIVANT SCIENCES LTD 0.0%

Value ($000) $4,844 (+137.5%) Shares 223,244 (+65.6%) Est. Cost $15.29 Unrealized +29.0%

PCG PG&E CORP 0.0%

Value ($000) $3,880 (+245.8%) Shares 241,451 (+224.5%) Est. Cost $15.49 Unrealized +2.8%

NVDA NVIDIA CORPORATION 0.0%

Value ($000) $9,629 (+39.3%) Shares 51,630 (+39.4%) Est. Cost $148.75 Unrealized +25.1%

NEE NEXTERA ENERGY INC 0.0%

Value ($000) $2,780 (+1196.1%) Shares 34,626 (+1118.8%) Est. Cost $81.66 Unrealized +1.0%

DHR DANAHER CORPORATION 0.0%

Value ($000) $3,592 (+244.5%) Shares 15,691 (+198.4%) Est. Cost $212.45 Unrealized +3.3%

MO ALTRIA GROUP INC 0.0%

Value ($000) $3,698 (+197.0%) Shares 64,143 (+240.3%) Est. Cost $59.96 Unrealized -1.0%

FERG FERGUSON ENTERPRISES INC 0.0%

Value ($000) $3,353 (+240.7%) Shares 15,059 (+243.7%) Est. Cost $234.10 Unrealized +1.6%

UBER UBER TECHNOLOGIES INC 0.0%

Value ($000) $4,076 (+131.3%) Shares 49,879 (+177.3%) Est. Cost $89.03 Unrealized +1.1%

ETR ENTERGY CORP NEW 0.0%

Value ($000) $3,231 (+226.8%) Shares 34,951 (+229.5%) Est. Cost $92.29 Unrealized +2.4%

PLNT PLANET FITNESS INC 0.0%

Value ($000) $2,644 (+277.8%) Shares 24,373 (+261.5%) Est. Cost $103.87 Unrealized -0.9%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.0%

Value ($000) $4,158 (+74.5%) Shares 13,682 (+60.4%) Est. Cost $288.55 Unrealized —

ABT ABBOTT LABS 0.0%

Value ($000) $2,864 (+162.2%) Shares 22,858 (+180.3%) Est. Cost $128.48 Unrealized -0.9%

AMTM AMENTUM HOLDINGS INC 0.0%

Value ($000) $2,890 (+145.7%) Shares 99,643 (+102.9%) Est. Cost $24.96 Unrealized +2.4%

SPOT SPOTIFY TECHNOLOGY S A 0.0%

Value ($000) $2,550 (+188.1%) Shares 4,391 (+246.3%) Est. Cost $646.53 Unrealized -3.3%

F FORD MTR CO 0.0%

Value ($000) $2,665 (+141.6%) Shares 203,130 (+120.2%) Est. Cost $12.15 Unrealized +5.6%

GS GOLDMAN SACHS GROUP INC 0.0%

Value ($000) $2,299 (+200.5%) Shares 2,616 (+172.2%) Est. Cost $784.51 Unrealized +3.7%

BSX BOSTON SCIENTIFIC CORP 0.0%

Value ($000) $2,117 (+194.2%) Shares 22,201 (+201.3%) Est. Cost $99.87 Unrealized -1.8%

PG PROCTER AND GAMBLE CO 0.0%

Value ($000) $2,799 (+91.2%) Shares 19,531 (+105.0%) Est. Cost $150.94 Unrealized -2.5%

MIAX MIAMI INTL HLDGS INC 0.0%

Value ($000) $3,329 (+65.4%) Shares 75,000 (+50.0%) Est. Cost $39.25 Unrealized +13.6%

MT ARCELORMITTAL SA LUXEMBOURG 0.0%

Value ($000) $2,323 (+119.6%) Shares 50,984 (+74.2%) Est. Cost $40.16 Unrealized —

MCK MCKESSON CORP 0.0%

Value ($000) $2,435 (+88.3%) Shares 2,968 (+77.3%) Est. Cost $752.09 Unrealized +8.4%

GLP GLOBAL PARTNERS LP 0.0%

Value ($000) $10,074 (-7.6%) Shares 240,717 (+6.0%) Est. Cost $39.36 Unrealized —

SE SEA LTD 0.0%

Value ($000) $2,352 (+45.0%) Shares 18,439 (+103.2%) Est. Cost $152.75 Unrealized —

B BARRICK MNG CORP 0.0%

Value ($000) $1,943 (+46.0%) Shares 44,623 (+9.9%) Est. Cost $26.25 Unrealized +42.5%

DAVE DAVE INC 0.0%

Value ($000) $1,065 (+107.3%) Shares 4,811 (+86.7%) Est. Cost $215.56 Unrealized -0.2%

SPH SUBURBAN PROPANE PARTNERS L 0.0%

Value ($000) $8,175 (+5.8%) Shares 440,936 (+6.5%) Est. Cost $16.58 Unrealized —

USAC USA COMPRESSION PARTNERS LP 0.1%

Value ($000) $16,024 (+2.0%) Shares 696,709 (+6.5%) Est. Cost $21.75 Unrealized —

DKL DELEK LOGISTICS PARTNERS LP 0.0%

Value ($000) $6,172 (+4.3%) Shares 138,325 (+6.5%) Est. Cost $36.30 Unrealized —

SGU STAR GROUP L P 0.0%

Value ($000) $2,056 (+6.6%) Shares 173,629 (+6.5%) Est. Cost $11.80 Unrealized +0.3%

CAPL CROSSAMERICA PARTNERS LP 0.0%

Value ($000) $2,711 (+4.3%) Shares 131,598 (+6.5%) Est. Cost $21.15 Unrealized —

NEXT NEXTDECADE CORP 0.0%

Value ($000) $313 (-17.4%) Shares 59,418 (+6.5%) Est. Cost $6.03 Unrealized -1.2%

UNH UNITEDHEALTH GROUP INC 0.0%

Value ($000) $2,970 (-1.8%) Shares 8,996 (+2.7%) Est. Cost $373.94 Unrealized -9.8%

ALEC ALECTOR INC 0.0%

Value ($000) $104 (+37.0%) Shares 66,859 (+160.0%) Est. Cost $3.72 Unrealized -52.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	2,549,300 (+10.8%)	$1,738,419 (+13.5%)	6.9%	$665.44	—	PUT	78462F103
MPLX	MPLX LP	15,705,485 (+12.0%)	$838,202 (+19.7%)	3.3%	$19.25	—	COM UNIT REP LTD	55336V100
VNOM	VIPER ENERGY INC	5,000,000 (+150.0%)	$193,150 (+152.7%)	0.8%	$37.96	-0.2%	CL A	64361Q101
MSFT	MICROSOFT CORP	215,459 (+2358.2%)	$104,200 (+2195.2%)	0.4%	$499.99	+0.1%	COM	594918104
WES	WESTERN MIDSTREAM PARTNERS L	11,092,895 (+22.6%)	$438,169 (+23.3%)	1.7%	$25.70	—	COM UNIT LP INT	958669103
LNG	CHENIERE ENERGY INC	3,889,928 (+12.8%)	$756,163 (-6.7%)	3.0%	$158.14	+32.8%	COM NEW	16411R208
SUN	SUNOCO LP/SUNOCO FIN CORP	2,434,594 (+29.2%)	$127,597 (+35.4%)	0.5%	$52.71	—	COM UT REP LTD	86765K109
TRP	TC ENERGY CORP	2,251,984 (+34.0%)	$123,882 (+35.5%)	0.5%	$45.27	+17.9%	COM	87807B107
CX	CEMEX SAB DE CV	7,316,901 (+26.2%)	$84,071 (+61.2%)	0.3%	$9.51	—	SPON ADR NEW	151290889
V	VISA INC	198,293 (+60.7%)	$69,543 (+65.1%)	0.3%	$343.34	-0.9%	COM CL A	92826C839
AMZN	AMAZON COM INC	507,780 (+23.5%)	$117,206 (+29.8%)	0.5%	$197.00	+16.1%	COM	023135106
CRS	CARPENTER TECHNOLOGY CORP	73,491 (+2337.5%)	$23,138 (+3025.5%)	0.1%	$298.70	+0.6%	COM	144285103
GDX	VANECK ETF TRUST	567,710 (+62.2%)	$48,692 (+82.1%)	0.2%	$64.99	—	GOLD MINERS ETF	92189F106
BXMT	BLACKSTONE MTG TR INC	9,283,323 (+7.9%)	$177,590 (+12.1%)	0.7%	$25.59	—	COM CL A	09257W100
ORKA	ORUKA THERAPEUTICS INC	1,165,408 (+37.0%)	$35,324 (+116.0%)	0.1%	$19.06	+46.2%	COM	687604108
DTM	DT MIDSTREAM INC	2,230,647 (+1.4%)	$266,964 (+7.3%)	1.1%	$94.35	+21.1%	COMMON STOCK	23345M107
FLUT	FLUTTER ENTMT PLC	335,000 (+55.8%)	$72,038 (+31.9%)	0.3%	$244.50	-8.0%	SHS	G3643J108
FOLD	AMICUS THERAPEUTICS INC	2,574,204 (+4.3%)	$36,657 (+88.6%)	0.1%	$11.29	-13.0%	COM	03152W109
BAC	BANK AMERICA CORP	1,155,000 (+20.4%)	$63,525 (+28.4%)	0.3%	$43.58	+20.8%	COM	060505104
META	META PLATFORMS INC	24,052 (+290.8%)	$15,876 (+251.3%)	0.1%	$676.63	-1.4%	CL A	30303M102
MTZ	MASTEC INC	363,924 (+13.7%)	$79,106 (+16.2%)	0.3%	$144.77	+45.0%	COM	576323109
IKT	INHIBIKASE THERAPEUTICS INC	5,938,276 (+125.1%)	$12,173 (+184.8%)	0.0%	$1.94	-18.0%	COM NEW	45719W205
SPY	SPDR S&P 500 ETF TR	98,810 (+9.5%)	$67,381 (+12.1%)	0.3%	$665.44	—	TR UNIT	78462F103
UNP	UNION PAC CORP	35,733 (+704.3%)	$8,266 (+687.1%)	0.0%	$226.80	+0.2%	COM	907818108
BMBL	BUMBLE INC	37,387,500 (+79.6%)	$133,473 (+5.3%)	0.5%	$39.48	-88.8%	COM CL A	12047B105
MA	MASTERCARD INCORPORATED	10,947 (+549.3%)	$6,249 (+551.7%)	0.0%	$556.34	+0.5%	CL A	57636Q104
GE	GE AEROSPACE	21,087 (+422.5%)	$6,495 (+435.0%)	0.0%	$295.42	+1.8%	COM NEW	369604301
AAPL	APPLE INC	26,907 (+194.3%)	$7,315 (+214.2%)	0.0%	$253.81	+5.7%	COM	037833100
WMT	WALMART INC	62,593 (+152.7%)	$6,973 (+173.2%)	0.0%	$104.05	+3.0%	COM	931142103
FSLR	FIRST SOLAR INC	18,360 (+422.2%)	$4,796 (+518.6%)	0.0%	$240.66	+4.8%	COM	336433107
JPM	JPMORGAN CHASE & CO.	14,656 (+540.3%)	$4,722 (+554.1%)	0.0%	$300.38	+3.0%	COM	46625H100
TDG	TRANSDIGM GROUP INC	3,199 (+426.2%)	$4,254 (+430.9%)	0.0%	$1321.02	-0.8%	COM	893641100
SNPS	SYNOPSYS INC	8,295 (+749.9%)	$3,896 (+709.1%)	0.0%	$458.47	-3.1%	COM	871607107
NFLX	NETFLIX INC	63,308 (+2790.8%)	$5,936 (+126.1%)	0.0%	$107.96	-0.1%	COM	64110L106
SHEL	SHELL PLC	63,064 (+236.6%)	$4,634 (+245.8%)	0.0%	$72.90	—	SPON ADS	780259305
MNSO	MINISO GROUP HLDG LTD	259,702 (+260.9%)	$4,869 (+200.8%)	0.0%	$19.79	—	SPONSORED ADS	66981J102
BTI	BRITISH AMERN TOB PLC	77,314 (+230.9%)	$4,378 (+253.0%)	0.0%	$55.55	—	SPONSORED ADR	110448107
CVS	CVS HEALTH CORP	59,223 (+154.8%)	$4,700 (+168.2%)	0.0%	$74.42	+5.7%	COM	126650100
TEVA	TEVA PHARMACEUTICAL INDS LTD	137,056 (+100.9%)	$4,278 (+210.4%)	0.0%	$25.73	—	SPONSORED ADS	881624209
BP	BP PLC	121,896 (+214.3%)	$4,233 (+216.8%)	0.0%	$34.64	—	SPONSORED ADR	055622104
ROIV	ROIVANT SCIENCES LTD	223,244 (+65.6%)	$4,844 (+137.5%)	0.0%	$15.29	+29.0%	SHS	G76279101
PCG	PG&E CORP	241,451 (+224.5%)	$3,880 (+245.8%)	0.0%	$15.49	+2.8%	COM	69331C108
NVDA	NVIDIA CORPORATION	51,630 (+39.4%)	$9,629 (+39.3%)	0.0%	$148.75	+25.1%	COM	67066G104
NEE	NEXTERA ENERGY INC	34,626 (+1118.8%)	$2,780 (+1196.1%)	0.0%	$81.66	+1.0%	COM	65339F101
DHR	DANAHER CORPORATION	15,691 (+198.4%)	$3,592 (+244.5%)	0.0%	$212.45	+3.3%	COM	235851102
MO	ALTRIA GROUP INC	64,143 (+240.3%)	$3,698 (+197.0%)	0.0%	$59.96	-1.0%	COM	02209S103
FERG	FERGUSON ENTERPRISES INC	15,059 (+243.7%)	$3,353 (+240.7%)	0.0%	$234.10	+1.6%	COMMON STOCK NEW	31488V107
UBER	UBER TECHNOLOGIES INC	49,879 (+177.3%)	$4,076 (+131.3%)	0.0%	$89.03	+1.1%	COM	90353T100
ETR	ENTERGY CORP NEW	34,951 (+229.5%)	$3,231 (+226.8%)	0.0%	$92.29	+2.4%	COM	29364G103
PLNT	PLANET FITNESS INC	24,373 (+261.5%)	$2,644 (+277.8%)	0.0%	$103.87	-0.9%	CL A	72703H101
TSM	TAIWAN SEMICONDUCTOR MFG LTD	13,682 (+60.4%)	$4,158 (+74.5%)	0.0%	$288.55	—	SPONSORED ADS	874039100
ABT	ABBOTT LABS	22,858 (+180.3%)	$2,864 (+162.2%)	0.0%	$128.48	-0.9%	COM	002824100
AMTM	AMENTUM HOLDINGS INC	99,643 (+102.9%)	$2,890 (+145.7%)	0.0%	$24.96	+2.4%	COM	023939101
SPOT	SPOTIFY TECHNOLOGY S A	4,391 (+246.3%)	$2,550 (+188.1%)	0.0%	$646.53	-3.3%	SHS	L8681T102
F	FORD MTR CO	203,130 (+120.2%)	$2,665 (+141.6%)	0.0%	$12.15	+5.6%	COM	345370860
GS	GOLDMAN SACHS GROUP INC	2,616 (+172.2%)	$2,299 (+200.5%)	0.0%	$784.51	+3.7%	COM	38141G104
BSX	BOSTON SCIENTIFIC CORP	22,201 (+201.3%)	$2,117 (+194.2%)	0.0%	$99.87	-1.8%	COM	101137107
PG	PROCTER AND GAMBLE CO	19,531 (+105.0%)	$2,799 (+91.2%)	0.0%	$150.94	-2.5%	COM	742718109
MIAX	MIAMI INTL HLDGS INC	75,000 (+50.0%)	$3,329 (+65.4%)	0.0%	$39.25	+13.6%	COM	59356Q108
MT	ARCELORMITTAL SA LUXEMBOURG	50,984 (+74.2%)	$2,323 (+119.6%)	0.0%	$40.16	—	NY REGISTRY SH	03938L203
MCK	MCKESSON CORP	2,968 (+77.3%)	$2,435 (+88.3%)	0.0%	$752.09	+8.4%	COM	58155Q103
GLP	GLOBAL PARTNERS LP	240,717 (+6.0%)	$10,074 (-7.6%)	0.0%	$39.36	—	COM UNITS	37946R109
SE	SEA LTD	18,439 (+103.2%)	$2,352 (+45.0%)	0.0%	$152.75	—	SPONSORD ADS	81141R100
B	BARRICK MNG CORP	44,623 (+9.9%)	$1,943 (+46.0%)	0.0%	$26.25	+42.5%	COM SHS	06849F108
DAVE	DAVE INC	4,811 (+86.7%)	$1,065 (+107.3%)	0.0%	$215.56	-0.2%	CLASS A COM NEW	23834J201
SPH	SUBURBAN PROPANE PARTNERS L	440,936 (+6.5%)	$8,175 (+5.8%)	0.0%	$16.58	—	UNIT LTD PARTN	864482104
USAC	USA COMPRESSION PARTNERS LP	696,709 (+6.5%)	$16,024 (+2.0%)	0.1%	$21.75	—	COM UNIT LTDPAR	90290N109
DKL	DELEK LOGISTICS PARTNERS LP	138,325 (+6.5%)	$6,172 (+4.3%)	0.0%	$36.30	—	COM UNT RP INT	24664T103
SGU	STAR GROUP L P	173,629 (+6.5%)	$2,056 (+6.6%)	0.0%	$11.80	+0.3%	UNIT LTD PARTNR	85512C105
CAPL	CROSSAMERICA PARTNERS LP	131,598 (+6.5%)	$2,711 (+4.3%)	0.0%	$21.15	—	UT LTD PTN INT	22758A105
NEXT	NEXTDECADE CORP	59,418 (+6.5%)	$313 (-17.4%)	0.0%	$6.03	-1.2%	COM	65342K105
UNH	UNITEDHEALTH GROUP INC	8,996 (+2.7%)	$2,970 (-1.8%)	0.0%	$373.94	-9.8%	COM	91324P102
ALEC	ALECTOR INC	66,859 (+160.0%)	$104 (+37.0%)	0.0%	$3.72	-52.4%	COM	014442107

Exited Positions (95)

TLN TALEN ENERGY CORP 0.8%

Value ($000) $211,716 Shares 497,710 Est. Cost $236.23 Unrealized +64.5%

PINS PINTEREST INC 0.2%

Value ($000) $49,059 Shares 1,525,000 Est. Cost $36.26 Unrealized -20.6%

RNR RENAISSANCERE HLDGS LTD 0.2%

Value ($000) $43,168 Shares 170,000 Est. Cost $242.35 Unrealized +8.6%

RZLT REZOLUTE INC 0.1%

Value ($000) $28,425 Shares 3,023,899 Est. Cost $3.53 Unrealized +122.1%

ZYME ZYMEWORKS INC 0.1%

Value ($000) $27,606 Shares 1,616,290 Est. Cost $13.42 Unrealized +62.5%

VST VISTRA CORP 0.1%

Value ($000) $25,470 Shares 130,000 Est. Cost $197.68 Unrealized -8.0%

MP MP MATERIALS CORP 0.1%

Value ($000) $21,798 Shares 325,000 Est. Cost $62.91 Unrealized +0.8%

CRWV COREWEAVE INC 0.1%

Value ($000) $21,068 Shares 153,947 Est. Cost $38.54 Unrealized +163.1%

BCAX BICARA THERAPEUTICS INC 0.1%

Value ($000) $19,332 Shares 1,224,336 Est. Cost $21.17 Unrealized -19.3%

— RIVIAN AUTOMOTIVE INC 0.1%

Value ($000) $18,447 Shares 20,000,000 Est. Cost $0.92 Unrealized —

WBI WATERBRIDGE INFRASTRUCTURE L 0.1%

Value ($000) $17,024 Shares 675,000 Est. Cost $23.45 Unrealized -1.0%

CRCL CIRCLE INTERNET GROUP INC 0.1%

Value ($000) $16,573 Shares 125,000 Est. Cost $158.24 Unrealized -34.7%

BULL WEBULL CORP 0.1%

Value ($000) $16,269 Shares 1,100,000 Est. Cost — Unrealized —

NBIS NEBIUS GROUP N.V. 0.1%

Value ($000) $14,034 Shares 125,000 Est. Cost $69.43 Unrealized +49.3%

KRMN KARMAN HLDGS INC 0.0%

Value ($000) $11,913 Shares 165,000 Est. Cost $32.27 Unrealized +124.4%

SARO STANDARDAERO INC 0.0%

Value ($000) $10,916 Shares 400,000 Est. Cost $28.72 Unrealized -5.2%

— HUDSON PAC PPTYS INC 0.0%

Value ($000) $10,480 Shares 3,797,100 Est. Cost $27.13 Unrealized —

— ALBEMARLE CORP 0.0%

Value ($000) $9,470 Shares 250,000 Est. Cost $40.13 Unrealized —

FIG FIGMA INC 0.0%

Value ($000) $7,781 Shares 150,000 Est. Cost $68.66 Unrealized -34.2%

WYFI WHITEFIBER INC 0.0%

Value ($000) $5,434 Shares 200,000 Est. Cost $19.54 Unrealized +26.5%

LB LANDBRIDGE COMPANY LLC 0.0%

Value ($000) $5,335 Shares 100,000 Est. Cost $48.19 Unrealized +20.7%

CEPT CANTOR EQUITY PARTNERS II IN 0.0%

Value ($000) $5,255 Shares 500,000 Est. Cost $10.76 Unrealized +4.9%

FIGR FIGURE TECHNOLOGY SOLUTIO 0.0%

Value ($000) $4,364 Shares 120,000 Est. Cost $38.84 Unrealized +3.0%

NIQ NIQ GLOBAL INTELLIGENCE PLC 0.0%

Value ($000) $3,925 Shares 250,000 Est. Cost $17.40 Unrealized -15.9%

ARX ACCELERANT HOLDINGS 0.0%

Value ($000) $2,978 Shares 200,000 Est. Cost $23.42 Unrealized -39.9%

EGO ELDORADO GOLD CORP NEW 0.0%

Value ($000) $2,816 Shares 97,459 Est. Cost $23.54 Unrealized +27.1%

CIFR CIPHER MINING INC 0.0%

Value ($000) $2,518 Shares 200,000 Est. Cost $7.54 Unrealized +134.0%

EQX EQUINOX GOLD CORP 0.0%

Value ($000) $2,401 Shares 213,980 Est. Cost $7.95 Unrealized +58.7%

MGM MGM RESORTS INTERNATIONAL 0.0%

Value ($000) $2,361 Shares 68,113 Est. Cost $36.70 Unrealized -7.5%

RIG TRANSOCEAN LTD 0.0%

Value ($000) $2,340 Shares 750,000 Est. Cost $3.02 Unrealized +28.7%

LTM LATAM AIRLINES GROUP SA 0.0%

Value ($000) $2,263 Shares 50,000 Est. Cost $45.25 Unrealized —

BTBT BIT DIGITAL INC 0.0%

Value ($000) $2,250 Shares 750,000 Est. Cost $2.48 Unrealized +16.4%

TAC TRANSALTA CORP 0.0%

Value ($000) $2,218 Shares 162,266 Est. Cost $12.30 Unrealized +21.4%

VOYG VOYAGER TECHNOLOGIES INC 0.0%

Value ($000) $2,085 Shares 70,000 Est. Cost $47.68 Unrealized -43.1%

CSX CSX CORP 0.0%

Value ($000) $1,909 Shares 53,765 Est. Cost $33.93 Unrealized +5.2%

SEZL SEZZLE INC 0.0%

Value ($000) $1,903 Shares 23,924 Est. Cost $114.79 Unrealized -40.6%

TIGO MILLICOM INTL CELLULAR S A 0.0%

Value ($000) $1,822 Shares 37,544 Est. Cost $43.89 Unrealized +14.7%

KVUE KENVUE INC 0.0%

Value ($000) $1,698 Shares 104,623 Est. Cost $20.06 Unrealized -19.0%

PTRN PATTERN GROUP INC 0.0%

Value ($000) $1,644 Shares 120,000 Est. Cost $13.94 Unrealized +4.5%

HBM HUDBAY MINERALS INC 0.0%

Value ($000) $1,542 Shares 101,705 Est. Cost $11.45 Unrealized +47.7%

LLY ELI LILLY & CO 0.0%

Value ($000) $1,510 Shares 1,979 Est. Cost $742.24 Unrealized +28.7%

GILD GILEAD SCIENCES INC 0.0%

Value ($000) $1,502 Shares 13,532 Est. Cost $112.28 Unrealized +7.7%

SCHW SCHWAB CHARLES CORP 0.0%

Value ($000) $1,434 Shares 15,022 Est. Cost $94.54 Unrealized +0.2%

MEOH METHANEX CORP 0.0%

Value ($000) $1,433 Shares 36,037 Est. Cost $35.54 Unrealized +4.7%

SO SOUTHERN CO 0.0%

Value ($000) $1,422 Shares 15,005 Est. Cost $92.22 Unrealized -1.4%

CHYM CHIME FINL INC 0.0%

Value ($000) $1,412 Shares 70,000 Est. Cost $32.95 Unrealized -35.5%

AQN ALGONQUIN PWR UTILS CORP 0.0%

Value ($000) $1,338 Shares 249,085 Est. Cost $5.75 Unrealized +3.3%

AVTR AVANTOR INC 0.0%

Value ($000) $1,306 Shares 104,660 Est. Cost $13.28 Unrealized -7.3%

ATS ATS CORPORATION 0.0%

Value ($000) $1,297 Shares 49,501 Est. Cost $28.81 Unrealized -7.3%

AR ANTERO RESOURCES CORP 0.0%

Value ($000) $1,294 Shares 38,543 Est. Cost $33.33 Unrealized +1.6%

WFC WELLS FARGO CO NEW 0.0%

Value ($000) $1,291 Shares 15,403 Est. Cost $80.47 Unrealized +7.7%

ABBV ABBVIE INC 0.0%

Value ($000) $1,283 Shares 5,543 Est. Cost $201.95 Unrealized +12.7%

TMO THERMO FISHER SCIENTIFIC INC 0.0%

Value ($000) $1,264 Shares 2,607 Est. Cost $464.78 Unrealized +21.6%

CLS CELESTICA INC 0.0%

Value ($000) $1,252 Shares 5,081 Est. Cost $201.61 Unrealized +49.5%

AXP AMERICAN EXPRESS CO 0.0%

Value ($000) $1,241 Shares 3,737 Est. Cost $316.55 Unrealized +12.8%

O REALTY INCOME CORP 0.0%

Value ($000) $1,229 Shares 20,222 Est. Cost $56.92 Unrealized +0.8%

BDX BECTON DICKINSON & CO 0.0%

Value ($000) $1,209 Shares 6,462 Est. Cost $184.06 Unrealized +3.0%

CCJ CAMECO CORP 0.0%

Value ($000) $1,201 Shares 14,322 Est. Cost $77.39 Unrealized +16.2%

GEMI GEMINI SPACE STA INC 0.0%

Value ($000) $1,198 Shares 50,000 Est. Cost $25.81 Unrealized -39.6%

AEP AMERICAN ELEC PWR CO INC 0.0%

Value ($000) $1,192 Shares 10,595 Est. Cost $108.19 Unrealized +8.8%

SLDE SLIDE INS HLDGS INC 0.0%

Value ($000) $1,184 Shares 75,000 Est. Cost $21.55 Unrealized -22.6%

FLY FIREFLY AEROSPACE INC 0.0%

Value ($000) $1,173 Shares 40,000 Est. Cost $44.96 Unrealized -48.5%

MRK MERCK & CO INC 0.0%

Value ($000) $1,139 Shares 13,571 Est. Cost $81.01 Unrealized +15.1%

JNJ JOHNSON & JOHNSON 0.0%

Value ($000) $1,115 Shares 6,011 Est. Cost $169.51 Unrealized +16.2%

ILMN ILLUMINA INC 0.0%

Value ($000) $1,095 Shares 11,531 Est. Cost $99.18 Unrealized +18.4%

RBA RB GLOBAL INC 0.0%

Value ($000) $1,078 Shares 9,950 Est. Cost $112.11 Unrealized -9.4%

APO APOLLO GLOBAL MGMT INC 0.0%

Value ($000) $1,061 Shares 7,958 Est. Cost $140.75 Unrealized -5.8%

BBIO BRIDGEBIO PHARMA INC 0.0%

Value ($000) $1,058 Shares 20,361 Est. Cost $48.77 Unrealized +34.6%

TTD THE TRADE DESK INC 0.0%

Value ($000) $1,005 Shares 20,516 Est. Cost $63.45 Unrealized -30.1%

TECK TECK RESOURCES LTD 0.0%

Value ($000) $971 Shares 22,125 Est. Cost $36.34 Unrealized +19.2%

EVEX EVE HLDG INC 0.0%

Value ($000) $951 Shares 249,700 Est. Cost $5.32 Unrealized -17.3%

GLNG GOLAR LNG LTD 0.0%

Value ($000) $946 Shares 23,398 Est. Cost $40.92 Unrealized -6.9%

DUK DUKE ENERGY CORP NEW 0.0%

Value ($000) $936 Shares 7,564 Est. Cost $119.80 Unrealized +1.5%

GFL GFL ENVIRONMENTAL INC 0.0%

Value ($000) $920 Shares 19,420 Est. Cost $48.43 Unrealized -7.8%

QFIN QFIN HOLDINGS INC 0.0%

Value ($000) $909 Shares 31,596 Est. Cost $28.78 Unrealized —

TCOM TRIP COM GROUP LTD 0.0%

Value ($000) $908 Shares 12,077 Est. Cost $75.20 Unrealized —

C CITIGROUP INC 0.0%

Value ($000) $898 Shares 8,850 Est. Cost $94.11 Unrealized +10.1%

CVE CENOVUS ENERGY INC 0.0%

Value ($000) $893 Shares 52,583 Est. Cost $15.61 Unrealized +11.2%

QBTS D-WAVE QUANTUM INC 0.0%

Value ($000) $870 Shares 35,191 Est. Cost $18.22 Unrealized +59.9%

NTR NUTRIEN LTD 0.0%

Value ($000) $858 Shares 14,611 Est. Cost $58.28 Unrealized +1.0%

QSR RESTAURANT BRANDS INTL INC 0.0%

Value ($000) $854 Shares 13,316 Est. Cost $65.79 Unrealized +4.7%

AI C3 AI INC 0.0%

Value ($000) $820 Shares 47,287 Est. Cost $20.88 Unrealized -23.6%

COST COSTCO WHSL CORP NEW 0.0%

Value ($000) $816 Shares 882 Est. Cost $956.70 Unrealized -5.3%

AMBQ AMBIQ MICRO INC 0.0%

Value ($000) $598 Shares 20,000 Est. Cost $36.46 Unrealized -21.4%

AMD ADVANCED MICRO DEVICES INC 0.0%

Value ($000) $361 Shares 2,234 Est. Cost $161.38 Unrealized +39.2%

— NEUEHEALTH INC 0.0%

Value ($000) $306 Shares 45,916 Est. Cost $12.22 Unrealized —

— ARIS WATER SOLUTIONS INC 0.0%

Value ($000) $303 Shares 12,286 Est. Cost $17.44 Unrealized —

EXE EXPAND ENERGY CORPORATION 0.0%

Value ($000) $293 Shares 2,762 Est. Cost $51.29 Unrealized +115.7%

OVV OVINTIV INC 0.0%

Value ($000) $251 Shares 6,228 Est. Cost $43.06 Unrealized -10.0%

TXG 10X GENOMICS INC 0.0%

Value ($000) $193 Shares 16,485 Est. Cost $40.36 Unrealized -62.6%

RLAY RELAY THERAPEUTICS INC 0.0%

Value ($000) $186 Shares 35,618 Est. Cost $33.66 Unrealized -78.8%

PR PERMIAN RESOURCES CORP 0.0%

Value ($000) $162 Shares 12,664 Est. Cost $10.78 Unrealized +24.6%

UAA UNDER ARMOUR INC 0.0%

Value ($000) $61 Shares 12,125 Est. Cost $5.83 Unrealized -20.5%

— REPARE THERAPEUTICS INC 0.0%

Value ($000) $46 Shares 25,957 Est. Cost $19.44 Unrealized —

IBRX IMMUNITYBIO INC 0.0%

Value ($000) $29 Shares 11,944 Est. Cost $2.58 Unrealized -12.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TLN	TALEN ENERGY CORP	497,710	$211,716	0.8%	$236.23	+64.5%	—	87422Q109
PINS	PINTEREST INC	1,525,000	$49,059	0.2%	$36.26	-20.6%	—	72352L106
RNR	RENAISSANCERE HLDGS LTD	170,000	$43,168	0.2%	$242.35	+8.6%	—	G7496G103
RZLT	REZOLUTE INC	3,023,899	$28,425	0.1%	$3.53	+122.1%	—	76200L309
ZYME	ZYMEWORKS INC	1,616,290	$27,606	0.1%	$13.42	+62.5%	—	98985Y108
VST	VISTRA CORP	130,000	$25,470	0.1%	$197.68	-8.0%	—	92840M102
MP	MP MATERIALS CORP	325,000	$21,798	0.1%	$62.91	+0.8%	—	553368101
CRWV	COREWEAVE INC	153,947	$21,068	0.1%	$38.54	+163.1%	—	21873S108
BCAX	BICARA THERAPEUTICS INC	1,224,336	$19,332	0.1%	$21.17	-19.3%	—	055477103
—	RIVIAN AUTOMOTIVE INC	20,000,000	$18,447	0.1%	$0.92	—	—	76954AAD5
WBI	WATERBRIDGE INFRASTRUCTURE L	675,000	$17,024	0.1%	$23.45	-1.0%	—	940923105
CRCL	CIRCLE INTERNET GROUP INC	125,000	$16,573	0.1%	$158.24	-34.7%	—	172573107
BULL	WEBULL CORP	1,100,000	$16,269	0.1%	—	—	PUT	G9572D103
NBIS	NEBIUS GROUP N.V.	125,000	$14,034	0.1%	$69.43	+49.3%	—	N97284108
KRMN	KARMAN HLDGS INC	165,000	$11,913	0.0%	$32.27	+124.4%	—	485924104
SARO	STANDARDAERO INC	400,000	$10,916	0.0%	$28.72	-5.2%	—	85423L103
—	HUDSON PAC PPTYS INC	3,797,100	$10,480	0.0%	$27.13	—	—	444097109
—	ALBEMARLE CORP	250,000	$9,470	0.0%	$40.13	—	—	012653200
FIG	FIGMA INC	150,000	$7,781	0.0%	$68.66	-34.2%	—	316841105
WYFI	WHITEFIBER INC	200,000	$5,434	0.0%	$19.54	+26.5%	—	G96115103
LB	LANDBRIDGE COMPANY LLC	100,000	$5,335	0.0%	$48.19	+20.7%	—	514952100
CEPT	CANTOR EQUITY PARTNERS II IN	500,000	$5,255	0.0%	$10.76	+4.9%	—	G1827P106
FIGR	FIGURE TECHNOLOGY SOLUTIO	120,000	$4,364	0.0%	$38.84	+3.0%	—	349381103
NIQ	NIQ GLOBAL INTELLIGENCE PLC	250,000	$3,925	0.0%	$17.40	-15.9%	—	G63755105
ARX	ACCELERANT HOLDINGS	200,000	$2,978	0.0%	$23.42	-39.9%	—	G00894108
EGO	ELDORADO GOLD CORP NEW	97,459	$2,816	0.0%	$23.54	+27.1%	—	284902509
CIFR	CIPHER MINING INC	200,000	$2,518	0.0%	$7.54	+134.0%	—	17253J106
EQX	EQUINOX GOLD CORP	213,980	$2,401	0.0%	$7.95	+58.7%	—	29446Y502
MGM	MGM RESORTS INTERNATIONAL	68,113	$2,361	0.0%	$36.70	-7.5%	—	552953101
RIG	TRANSOCEAN LTD	750,000	$2,340	0.0%	$3.02	+28.7%	—	H8817H100
LTM	LATAM AIRLINES GROUP SA	50,000	$2,263	0.0%	$45.25	—	—	51817R205
BTBT	BIT DIGITAL INC	750,000	$2,250	0.0%	$2.48	+16.4%	—	G1144A105
TAC	TRANSALTA CORP	162,266	$2,218	0.0%	$12.30	+21.4%	—	89346D107
VOYG	VOYAGER TECHNOLOGIES INC	70,000	$2,085	0.0%	$47.68	-43.1%	—	92892B103
CSX	CSX CORP	53,765	$1,909	0.0%	$33.93	+5.2%	—	126408103
SEZL	SEZZLE INC	23,924	$1,903	0.0%	$114.79	-40.6%	—	78435P105
TIGO	MILLICOM INTL CELLULAR S A	37,544	$1,822	0.0%	$43.89	+14.7%	—	L6388F110
KVUE	KENVUE INC	104,623	$1,698	0.0%	$20.06	-19.0%	—	49177J102
PTRN	PATTERN GROUP INC	120,000	$1,644	0.0%	$13.94	+4.5%	—	70339W104
HBM	HUDBAY MINERALS INC	101,705	$1,542	0.0%	$11.45	+47.7%	—	443628102
LLY	ELI LILLY & CO	1,979	$1,510	0.0%	$742.24	+28.7%	—	532457108
GILD	GILEAD SCIENCES INC	13,532	$1,502	0.0%	$112.28	+7.7%	—	375558103
SCHW	SCHWAB CHARLES CORP	15,022	$1,434	0.0%	$94.54	+0.2%	—	808513105
MEOH	METHANEX CORP	36,037	$1,433	0.0%	$35.54	+4.7%	—	59151K108
SO	SOUTHERN CO	15,005	$1,422	0.0%	$92.22	-1.4%	—	842587107
CHYM	CHIME FINL INC	70,000	$1,412	0.0%	$32.95	-35.5%	—	16935C109
AQN	ALGONQUIN PWR UTILS CORP	249,085	$1,338	0.0%	$5.75	+3.3%	—	015857105
AVTR	AVANTOR INC	104,660	$1,306	0.0%	$13.28	-7.3%	—	05352A100
ATS	ATS CORPORATION	49,501	$1,297	0.0%	$28.81	-7.3%	—	00217Y104
AR	ANTERO RESOURCES CORP	38,543	$1,294	0.0%	$33.33	+1.6%	—	03674X106
WFC	WELLS FARGO CO NEW	15,403	$1,291	0.0%	$80.47	+7.7%	—	949746101
ABBV	ABBVIE INC	5,543	$1,283	0.0%	$201.95	+12.7%	—	00287Y109
TMO	THERMO FISHER SCIENTIFIC INC	2,607	$1,264	0.0%	$464.78	+21.6%	—	883556102
CLS	CELESTICA INC	5,081	$1,252	0.0%	$201.61	+49.5%	—	15101Q207
AXP	AMERICAN EXPRESS CO	3,737	$1,241	0.0%	$316.55	+12.8%	—	025816109
O	REALTY INCOME CORP	20,222	$1,229	0.0%	$56.92	+0.8%	—	756109104
BDX	BECTON DICKINSON & CO	6,462	$1,209	0.0%	$184.06	+3.0%	—	075887109
CCJ	CAMECO CORP	14,322	$1,201	0.0%	$77.39	+16.2%	—	13321L108
GEMI	GEMINI SPACE STA INC	50,000	$1,198	0.0%	$25.81	-39.6%	—	36866J105
AEP	AMERICAN ELEC PWR CO INC	10,595	$1,192	0.0%	$108.19	+8.8%	—	025537101
SLDE	SLIDE INS HLDGS INC	75,000	$1,184	0.0%	$21.55	-22.6%	—	831349105
FLY	FIREFLY AEROSPACE INC	40,000	$1,173	0.0%	$44.96	-48.5%	—	31816X106
MRK	MERCK & CO INC	13,571	$1,139	0.0%	$81.01	+15.1%	—	58933Y105
JNJ	JOHNSON & JOHNSON	6,011	$1,115	0.0%	$169.51	+16.2%	—	478160104
ILMN	ILLUMINA INC	11,531	$1,095	0.0%	$99.18	+18.4%	—	452327109
RBA	RB GLOBAL INC	9,950	$1,078	0.0%	$112.11	-9.4%	—	74935Q107
APO	APOLLO GLOBAL MGMT INC	7,958	$1,061	0.0%	$140.75	-5.8%	—	03769M106
BBIO	BRIDGEBIO PHARMA INC	20,361	$1,058	0.0%	$48.77	+34.6%	—	10806X102
TTD	THE TRADE DESK INC	20,516	$1,005	0.0%	$63.45	-30.1%	—	88339J105
TECK	TECK RESOURCES LTD	22,125	$971	0.0%	$36.34	+19.2%	—	878742204
EVEX	EVE HLDG INC	249,700	$951	0.0%	$5.32	-17.3%	—	29970N104
GLNG	GOLAR LNG LTD	23,398	$946	0.0%	$40.92	-6.9%	—	G9456A100
DUK	DUKE ENERGY CORP NEW	7,564	$936	0.0%	$119.80	+1.5%	—	26441C204
GFL	GFL ENVIRONMENTAL INC	19,420	$920	0.0%	$48.43	-7.8%	—	36168Q104
QFIN	QFIN HOLDINGS INC	31,596	$909	0.0%	$28.78	—	—	88557W101
TCOM	TRIP COM GROUP LTD	12,077	$908	0.0%	$75.20	—	—	89677Q107
C	CITIGROUP INC	8,850	$898	0.0%	$94.11	+10.1%	—	172967424
CVE	CENOVUS ENERGY INC	52,583	$893	0.0%	$15.61	+11.2%	—	15135U109
QBTS	D-WAVE QUANTUM INC	35,191	$870	0.0%	$18.22	+59.9%	—	26740W109
NTR	NUTRIEN LTD	14,611	$858	0.0%	$58.28	+1.0%	—	67077M108
QSR	RESTAURANT BRANDS INTL INC	13,316	$854	0.0%	$65.79	+4.7%	—	76131D103
AI	C3 AI INC	47,287	$820	0.0%	$20.88	-23.6%	—	12468P104
COST	COSTCO WHSL CORP NEW	882	$816	0.0%	$956.70	-5.3%	—	22160K105
AMBQ	AMBIQ MICRO INC	20,000	$598	0.0%	$36.46	-21.4%	—	023193105
AMD	ADVANCED MICRO DEVICES INC	2,234	$361	0.0%	$161.38	+39.2%	—	007903107
—	NEUEHEALTH INC	45,916	$306	0.0%	$12.22	—	—	10920V404
—	ARIS WATER SOLUTIONS INC	12,286	$303	0.0%	$17.44	—	—	04041L106
EXE	EXPAND ENERGY CORPORATION	2,762	$293	0.0%	$51.29	+115.7%	—	165167735
OVV	OVINTIV INC	6,228	$251	0.0%	$43.06	-10.0%	—	69047Q102
TXG	10X GENOMICS INC	16,485	$193	0.0%	$40.36	-62.6%	—	88025U109
RLAY	RELAY THERAPEUTICS INC	35,618	$186	0.0%	$33.66	-78.8%	—	75943R102
PR	PERMIAN RESOURCES CORP	12,664	$162	0.0%	$10.78	+24.6%	—	71424F105
UAA	UNDER ARMOUR INC	12,125	$61	0.0%	$5.83	-20.5%	—	904311107
—	REPARE THERAPEUTICS INC	25,957	$46	0.0%	$19.44	—	—	760273102
IBRX	IMMUNITYBIO INC	11,944	$29	0.0%	$2.58	-12.0%	—	45256X103

Decreased Positions (33)

LOAR LOAR HOLDINGS INC 1.0%

Value ($000) $241,298 (-55.9%) Shares 3,548,506 (-48.1%) Est. Cost $65.18 Unrealized +11.9%

ET ENERGY TRANSFER L P 1.7%

Value ($000) $425,034 (-35.7%) Shares 25,775,241 (-33.1%) Est. Cost $7.09 Unrealized —

LGN LEGENCE CORP 4.4%

Value ($000) $1,111,360 (+24.3%) Shares 25,821,570 (-11.0%) Est. Cost $31.48 Unrealized +25.6%

WMB WILLIAMS COS INC 4.2%

Value ($000) $1,060,800 (-14.6%) Shares 17,647,639 (-10.0%) Est. Cost $39.63 Unrealized +51.5%

SRE SEMPRA 0.0%

Value ($000) $547 (-99.4%) Shares 6,200 (-99.4%) Est. Cost $75.61 Unrealized +19.8%

ENB ENBRIDGE INC 2.8%

Value ($000) $709,887 (-10.0%) Shares 14,841,870 (-5.1%) Est. Cost $40.95 Unrealized +15.0%

TRGP TARGA RES CORP 2.7%

Value ($000) $692,341 (+8.2%) Shares 3,752,528 (-1.7%) Est. Cost $53.16 Unrealized +216.2%

SOBO SOUTH BOW CORP 0.1%

Value ($000) $19,479 (-68.3%) Shares 709,098 (-67.3%) Est. Cost $23.05 Unrealized +17.9%

CRH CRH PLC 0.1%

Value ($000) $13,728 (-74.6%) Shares 110,000 (-75.6%) Est. Cost $76.33 Unrealized +56.1%

FOA FINANCE OF AMERICA COMPAN 0.2%

Value ($000) $38,643 (-46.0%) Shares 1,596,142 (-50.0%) Est. Cost $17.81 Unrealized +27.9%

KMI KINDER MORGAN INC DEL 2.3%

Value ($000) $587,567 (-4.6%) Shares 21,373,863 (-1.7%) Est. Cost $26.08 Unrealized +3.2%

EPD ENTERPRISE PRODS PARTNERS L 2.4%

Value ($000) $617,327 (-3.9%) Shares 19,255,355 (-6.3%) Est. Cost $22.91 Unrealized —

QUBT QUANTUM COMPUTING INC 0.0%

Value ($000) $5,130 (-79.3%) Shares 500,000 (-62.8%) Est. Cost $17.16 Unrealized -17.1%

COF CAPITAL ONE FINL CORP 0.2%

Value ($000) $51,872 (-23.6%) Shares 214,030 (-33.0%) Est. Cost $186.79 Unrealized +19.0%

AXSM AXSOME THERAPEUTICS INC 0.0%

Value ($000) $4,475 (-73.7%) Shares 24,500 (-82.5%) Est. Cost $105.89 Unrealized +31.8%

GOOGL ALPHABET INC 0.0%

Value ($000) $7,783 (-61.6%) Shares 24,867 (-70.2%) Est. Cost $163.29 Unrealized +74.9%

ELVN ENLIVEN THERAPEUTICS INC 0.1%

Value ($000) $14,706 (-45.6%) Shares 954,946 (-27.7%) Est. Cost $20.27 Unrealized -1.7%

CORZ CORE SCIENTIFIC INC NEW 0.0%

Value ($000) $7,280 (-59.4%) Shares 500,000 (-50.0%) Est. Cost $11.20 Unrealized +55.6%

FTV FORTIVE CORP 0.3%

Value ($000) $64,596 (-12.1%) Shares 1,170,000 (-22.0%) Est. Cost $52.56 Unrealized -1.3%

KLAR KLARNA GROUP PLC 0.1%

Value ($000) $15,202 (-31.5%) Shares 525,844 (-13.2%) Est. Cost $42.59 Unrealized -19.4%

NTSK NETSKOPE INC 0.0%

Value ($000) $2,193 (-72.4%) Shares 125,000 (-64.3%) Est. Cost $23.79 Unrealized -12.3%

AM ANTERO MIDSTREAM CORP 0.2%

Value ($000) $49,765 (-9.6%) Shares 2,797,376 (-1.2%) Est. Cost $16.85 Unrealized +5.3%

— MIND MEDICINE MINDMED INC 0.1%

Value ($000) $27,581 (-15.7%) Shares 2,059,805 (-25.8%) Est. Cost $7.13 Unrealized —

PAA PLAINS ALL AMERN PIPELINE L 0.9%

Value ($000) $238,735 (+1.7%) Shares 13,292,576 (-3.4%) Est. Cost $15.36 Unrealized —

APGE APOGEE THERAPEUTICS INC 0.0%

Value ($000) $3,912 (-48.3%) Shares 51,827 (-72.8%) Est. Cost $31.72 Unrealized +98.6%

CMPX COMPASS THERAPEUTICS INC 0.1%

Value ($000) $32,898 (-4.5%) Shares 6,126,182 (-37.7%) Est. Cost $2.72 Unrealized +69.7%

LXEO LEXEO THERAPEUTICS INC 0.0%

Value ($000) $8,986 (+20.3%) Shares 904,959 (-19.6%) Est. Cost $12.47 Unrealized -26.8%

PAGP PLAINS GP HLDGS L P 0.2%

Value ($000) $38,703 (+3.5%) Shares 2,022,101 (-1.4%) Est. Cost $14.65 Unrealized —

PM PHILIP MORRIS INTL INC 0.0%

Value ($000) $910 (-52.1%) Shares 5,674 (-51.5%) Est. Cost $151.55 Unrealized +1.3%

ASMB ASSEMBLY BIOSCIENCES INC 0.0%

Value ($000) $10,841 (-5.4%) Shares 318,754 (-28.8%) Est. Cost $21.94 Unrealized +46.8%

DASH DOORDASH INC 0.0%

Value ($000) $202 (-24.0%) Shares 892 (-8.7%) Est. Cost $206.54 Unrealized +13.6%

BKV BKV CORP 0.0%

Value ($000) $325 (-9.0%) Shares 11,981 (-22.5%) Est. Cost $22.23 Unrealized +13.0%

MLM MARTIN MARIETTA MATLS INC 0.0%

Value ($000) $550 (-4.6%) Shares 884 (-3.4%) Est. Cost $508.23 Unrealized +22.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LOAR	LOAR HOLDINGS INC	3,548,506 (-48.1%)	$241,298 (-55.9%)	1.0%	$65.18	+11.9%	COM SHS	53947R105
ET	ENERGY TRANSFER L P	25,775,241 (-33.1%)	$425,034 (-35.7%)	1.7%	$7.09	—	COM UT LTD PTN	29273V100
LGN	LEGENCE CORP	25,821,570 (-11.0%)	$1,111,360 (+24.3%)	4.4%	$31.48	+25.6%	CL A	52476L109
WMB	WILLIAMS COS INC	17,647,639 (-10.0%)	$1,060,800 (-14.6%)	4.2%	$39.63	+51.5%	COM	969457100
SRE	SEMPRA	6,200 (-99.4%)	$547 (-99.4%)	0.0%	$75.61	+19.8%	COM	816851109
ENB	ENBRIDGE INC	14,841,870 (-5.1%)	$709,887 (-10.0%)	2.8%	$40.95	+15.0%	COM	29250N105
TRGP	TARGA RES CORP	3,752,528 (-1.7%)	$692,341 (+8.2%)	2.7%	$53.16	+216.2%	COM	87612G101
SOBO	SOUTH BOW CORP	709,098 (-67.3%)	$19,479 (-68.3%)	0.1%	$23.05	+17.9%	COM	83671M105
CRH	CRH PLC	110,000 (-75.6%)	$13,728 (-74.6%)	0.1%	$76.33	+56.1%	ORD	G25508105
FOA	FINANCE OF AMERICA COMPAN	1,596,142 (-50.0%)	$38,643 (-46.0%)	0.2%	$17.81	+27.9%	CL A NEW	31738L206
KMI	KINDER MORGAN INC DEL	21,373,863 (-1.7%)	$587,567 (-4.6%)	2.3%	$26.08	+3.2%	COM	49456B101
EPD	ENTERPRISE PRODS PARTNERS L	19,255,355 (-6.3%)	$617,327 (-3.9%)	2.4%	$22.91	—	COM	293792107
QUBT	QUANTUM COMPUTING INC	500,000 (-62.8%)	$5,130 (-79.3%)	0.0%	$17.16	-17.1%	COM	74766W108
COF	CAPITAL ONE FINL CORP	214,030 (-33.0%)	$51,872 (-23.6%)	0.2%	$186.79	+19.0%	COM	14040H105
AXSM	AXSOME THERAPEUTICS INC	24,500 (-82.5%)	$4,475 (-73.7%)	0.0%	$105.89	+31.8%	COM	05464T104
GOOGL	ALPHABET INC	24,867 (-70.2%)	$7,783 (-61.6%)	0.0%	$163.29	+74.9%	CAP STK CL A	02079K305
ELVN	ENLIVEN THERAPEUTICS INC	954,946 (-27.7%)	$14,706 (-45.6%)	0.1%	$20.27	-1.7%	COM	29337E102
CORZ	CORE SCIENTIFIC INC NEW	500,000 (-50.0%)	$7,280 (-59.4%)	0.0%	$11.20	+55.6%	COM	21874A106
FTV	FORTIVE CORP	1,170,000 (-22.0%)	$64,596 (-12.1%)	0.3%	$52.56	-1.3%	COM	34959J108
KLAR	KLARNA GROUP PLC	525,844 (-13.2%)	$15,202 (-31.5%)	0.1%	$42.59	-19.4%	SHS	G5279N105
NTSK	NETSKOPE INC	125,000 (-64.3%)	$2,193 (-72.4%)	0.0%	$23.79	-12.3%	CL A	64119N608
AM	ANTERO MIDSTREAM CORP	2,797,376 (-1.2%)	$49,765 (-9.6%)	0.2%	$16.85	+5.3%	COM	03676B102
—	MIND MEDICINE MINDMED INC	2,059,805 (-25.8%)	$27,581 (-15.7%)	0.1%	$7.13	—	COM NEW	60255C885
PAA	PLAINS ALL AMERN PIPELINE L	13,292,576 (-3.4%)	$238,735 (+1.7%)	0.9%	$15.36	—	UNIT LTD PARTN	726503105
APGE	APOGEE THERAPEUTICS INC	51,827 (-72.8%)	$3,912 (-48.3%)	0.0%	$31.72	+98.6%	COM	03770N101
CMPX	COMPASS THERAPEUTICS INC	6,126,182 (-37.7%)	$32,898 (-4.5%)	0.1%	$2.72	+69.7%	COM	20454B104
LXEO	LEXEO THERAPEUTICS INC	904,959 (-19.6%)	$8,986 (+20.3%)	0.0%	$12.47	-26.8%	COM	52886X107
PAGP	PLAINS GP HLDGS L P	2,022,101 (-1.4%)	$38,703 (+3.5%)	0.2%	$14.65	—	LTD PARTNR INT A	72651A207
PM	PHILIP MORRIS INTL INC	5,674 (-51.5%)	$910 (-52.1%)	0.0%	$151.55	+1.3%	COM	718172109
ASMB	ASSEMBLY BIOSCIENCES INC	318,754 (-28.8%)	$10,841 (-5.4%)	0.0%	$21.94	+46.8%	COM NEW	045396207
DASH	DOORDASH INC	892 (-8.7%)	$202 (-24.0%)	0.0%	$206.54	+13.6%	CL A	25809K105
BKV	BKV CORP	11,981 (-22.5%)	$325 (-9.0%)	0.0%	$22.23	+13.0%	COM	05603J108
MLM	MARTIN MARIETTA MATLS INC	884 (-3.4%)	$550 (-4.6%)	0.0%	$508.23	+22.3%	COM	573284106

Unchanged Positions (43)

CRBG COREBRIDGE FINL INC 7.4%

Value ($000) $1,869,397 Shares 61,962,123 Est. Cost $16.26 Unrealized +87.9%

KNTK KINETIK HOLDINGS INC 1.7%

Value ($000) $429,510 Shares 11,914,273 Est. Cost $34.18 Unrealized +5.7%

TASK TASKUS INC 0.5%

Value ($000) $119,016 Shares 10,094,674 Est. Cost $15.23 Unrealized -16.1%

PSFE PAYSAFE LIMITED 0.4%

Value ($000) $88,675 Shares 10,961,114 Est. Cost $16.23 Unrealized -40.3%

CQP CHENIERE ENERGY PARTNERS LP 21.6%

Value ($000) $5,473,482 Shares 102,346,331 Est. Cost $28.80 Unrealized —

FE FIRSTENERGY CORP 5.1%

Value ($000) $1,290,813 Shares 28,832,099 Est. Cost $31.67 Unrealized +44.4%

PTEN PATTERSON-UTI ENERGY INC 0.7%

Value ($000) $171,456 Shares 28,061,526 Est. Cost $14.63 Unrealized -59.2%

CWAN CLEARWATER ANALYTICS HLDGS I 0.4%

Value ($000) $98,105 Shares 4,067,360 Est. Cost $27.78 Unrealized -27.9%

VNET VNET GROUP INC 0.3%

Value ($000) $88,002 Shares 10,402,130 Est. Cost $30.24 Unrealized —

TXNM TXNM ENERGY INC 1.9%

Value ($000) $471,040 Shares 8,000,000 Est. Cost $54.45 Unrealized +6.0%

OTLY OATLY GROUP AB 0.1%

Value ($000) $21,261 Shares 1,988,909 Est. Cost $9.83 Unrealized —

SYRE SPYRE THERAPEUTICS INC 0.1%

Value ($000) $16,413 Shares 500,998 Est. Cost $30.12 Unrealized -13.2%

AUTL AUTOLUS THERAPEUTICS PLC 0.2%

Value ($000) $40,766 Shares 20,485,611 Est. Cost $4.79 Unrealized —

EQT EQT CORP 3.9%

Value ($000) $987,935 Shares 18,431,631 Est. Cost $52.61 Unrealized +6.7%

BLSH BULLISH 0.0%

Value ($000) $7,574 Shares 200,000 Est. Cost $61.33 Unrealized -20.6%

SHO SUNSTONE HOTEL INVS INC NEW 0.3%

Value ($000) $77,286 Shares 8,645,000 Est. Cost $9.92 Unrealized —

VIK VIKING HOLDINGS LTD 0.1%

Value ($000) $19,638 Shares 275,000 Est. Cost $59.63 Unrealized +7.0%

PBA PEMBINA PIPELINE CORP 0.1%

Value ($000) $36,709 Shares 964,494 Est. Cost $17.52 Unrealized +119.6%

ARRY ARRAY TECHNOLOGIES INC 0.1%

Value ($000) $16,595 Shares 1,799,900 Est. Cost $15.92 Unrealized -46.1%

TARA PROTARA THERAPEUTICS INC 0.0%

Value ($000) $10,178 Shares 1,909,662 Est. Cost $3.29 Unrealized +68.9%

CNTX CONTEXT THERAPEUTICS INC 0.0%

Value ($000) $3,587 Shares 2,440,330 Est. Cost $1.85 Unrealized -36.7%

— FS CREDIT OPPORTUNITIES CORP 0.0%

Value ($000) $10,477 Shares 1,662,945 Est. Cost $6.82 Unrealized —

CCAP CRESCENT CAP BDC INC 0.2%

Value ($000) $59,085 Shares 4,205,307 Est. Cost $16.27 Unrealized -15.2%

BXSL BLACKSTONE SECD LENDING FD 0.3%

Value ($000) $84,428 Shares 3,206,530 Est. Cost $20.74 Unrealized +25.8%

IWM ISHARES TR 0.2%

Value ($000) $41,257 Shares 167,601 Est. Cost $228.35 Unrealized —

INDA ISHARES TR 0.1%

Value ($000) $18,965 Shares 350,872 Est. Cost $52.61 Unrealized —

GEL GENESIS ENERGY L P 0.0%

Value ($000) $8,981 Shares 575,735 Est. Cost $6.36 Unrealized —

OKE ONEOK INC NEW 1.0%

Value ($000) $259,021 Shares 3,524,100 Est. Cost $73.85 Unrealized -4.6%

MMLP MARTIN MIDSTREAM PRTNRS L P 0.0%

Value ($000) $2,545 Shares 975,081 Est. Cost $2.85 Unrealized —

BAER BRIDGER AEROSPACE GRP HLDGS 0.1%

Value ($000) $17,613 Shares 9,624,610 Est. Cost $6.79 Unrealized -74.3%

GBTG GLOBAL BUSINESS TRAVEL GROUP 0.0%

Value ($000) $2,701 Shares 353,031 Est. Cost $7.41 Unrealized +4.7%

SRLN SSGA ACTIVE ETF TR 0.1%

Value ($000) $22,929 Shares 555,591 Est. Cost $41.72 Unrealized —

NKTX NKARTA INC 0.0%

Value ($000) $1,382 Shares 747,044 Est. Cost $4.88 Unrealized -59.0%

CLDT CHATHAM LODGING TR 0.0%

Value ($000) $11,039 Shares 1,621,000 Est. Cost $12.91 Unrealized —

HESM HESS MIDSTREAM LP 0.5%

Value ($000) $125,824 Shares 3,647,075 Est. Cost $35.03 Unrealized -6.9%

APLE APPLE HOSPITALITY REIT INC 0.0%

Value ($000) $5,296 Shares 446,900 Est. Cost $16.06 Unrealized —

XBI SPDR SERIES TRUST 0.0%

Value ($000) $311 Shares 2,548 Est. Cost $88.43 Unrealized —

CYRX CRYOPORT INC 0.0%

Value ($000) $4,353 Shares 453,396 Est. Cost $56.34 Unrealized -83.2%

MRNA MODERNA INC 0.0%

Value ($000) $372 Shares 12,613 Est. Cost $91.81 Unrealized -70.4%

CEPF CANTOR EQUITY PARTNERS IV IN 0.0%

Value ($000) $2,570 Shares 250,000 Est. Cost $10.15 Unrealized +2.4%

PLRX PLIANT THERAPEUTICS INC 0.0%

Value ($000) $27 Shares 22,206 Est. Cost $20.84 Unrealized -92.8%

CBIO CRESCENT BIOPHARMA INC. 0.0%

Value ($000) $897 Shares 75,614 Est. Cost $21.15 Unrealized -39.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $657 Shares 1,307 Est. Cost $486.15 Unrealized +2.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CRBG	COREBRIDGE FINL INC	61,962,123	$1,869,397	7.4%	$16.26	+87.9%	COM	21871X109
KNTK	KINETIK HOLDINGS INC	11,914,273	$429,510	1.7%	$34.18	+5.7%	COM NEW CL A	02215L209
TASK	TASKUS INC	10,094,674	$119,016	0.5%	$15.23	-16.1%	CLASS A COM	87652V109
PSFE	PAYSAFE LIMITED	10,961,114	$88,675	0.4%	$16.23	-40.3%	SHS	G6964L206
CQP	CHENIERE ENERGY PARTNERS LP	102,346,331	$5,473,482	21.6%	$28.80	—	COM UNIT	16411Q101
FE	FIRSTENERGY CORP	28,832,099	$1,290,813	5.1%	$31.67	+44.4%	COM	337932107
PTEN	PATTERSON-UTI ENERGY INC	28,061,526	$171,456	0.7%	$14.63	-59.2%	COM	703481101
CWAN	CLEARWATER ANALYTICS HLDGS I	4,067,360	$98,105	0.4%	$27.78	-27.9%	CL A	185123106
VNET	VNET GROUP INC	10,402,130	$88,002	0.3%	$30.24	—	SPONSORED ADS A	90138A103
TXNM	TXNM ENERGY INC	8,000,000	$471,040	1.9%	$54.45	+6.0%	COM	69349H107
OTLY	OATLY GROUP AB	1,988,909	$21,261	0.1%	$9.83	—	SPONSORED ADS	67421J207
SYRE	SPYRE THERAPEUTICS INC	500,998	$16,413	0.1%	$30.12	-13.2%	COM NEW	00773J202
AUTL	AUTOLUS THERAPEUTICS PLC	20,485,611	$40,766	0.2%	$4.79	—	SPON ADS	05280R100
EQT	EQT CORP	18,431,631	$987,935	3.9%	$52.61	+6.7%	COM	26884L109
BLSH	BULLISH	200,000	$7,574	0.0%	$61.33	-20.6%	ORD SHS	G16910120
SHO	SUNSTONE HOTEL INVS INC NEW	8,645,000	$77,286	0.3%	$9.92	—	COM	867892101
VIK	VIKING HOLDINGS LTD	275,000	$19,638	0.1%	$59.63	+7.0%	ORD SHS	G93A5A101
PBA	PEMBINA PIPELINE CORP	964,494	$36,709	0.1%	$17.52	+119.6%	COM	706327103
ARRY	ARRAY TECHNOLOGIES INC	1,799,900	$16,595	0.1%	$15.92	-46.1%	COM SHS	04271T100
TARA	PROTARA THERAPEUTICS INC	1,909,662	$10,178	0.0%	$3.29	+68.9%	COM STK	74365U107
CNTX	CONTEXT THERAPEUTICS INC	2,440,330	$3,587	0.0%	$1.85	-36.7%	COM	21077P108
—	FS CREDIT OPPORTUNITIES CORP	1,662,945	$10,477	0.0%	$6.82	—	COMMON STOCK	30290Y101
CCAP	CRESCENT CAP BDC INC	4,205,307	$59,085	0.2%	$16.27	-15.2%	COM	225655109
BXSL	BLACKSTONE SECD LENDING FD	3,206,530	$84,428	0.3%	$20.74	+25.8%	COMMON STOCK	09261X102
IWM	ISHARES TR	167,601	$41,257	0.2%	$228.35	—	RUSSELL 2000 ETF	464287655
INDA	ISHARES TR	350,872	$18,965	0.1%	$52.61	—	MSCI INDIA ETF	46429B598
GEL	GENESIS ENERGY L P	575,735	$8,981	0.0%	$6.36	—	UNIT LTD PARTN	371927104
OKE	ONEOK INC NEW	3,524,100	$259,021	1.0%	$73.85	-4.6%	COM	682680103
MMLP	MARTIN MIDSTREAM PRTNRS L P	975,081	$2,545	0.0%	$2.85	—	UNIT L P INT	573331105
BAER	BRIDGER AEROSPACE GRP HLDGS	9,624,610	$17,613	0.1%	$6.79	-74.3%	COM	96812F102
GBTG	GLOBAL BUSINESS TRAVEL GROUP	353,031	$2,701	0.0%	$7.41	+4.7%	COM CL A	37890B100
SRLN	SSGA ACTIVE ETF TR	555,591	$22,929	0.1%	$41.72	—	STATE STREET BLA	78467V608
NKTX	NKARTA INC	747,044	$1,382	0.0%	$4.88	-59.0%	COM	65487U108
CLDT	CHATHAM LODGING TR	1,621,000	$11,039	0.0%	$12.91	—	COM	16208T102
HESM	HESS MIDSTREAM LP	3,647,075	$125,824	0.5%	$35.03	-6.9%	CL A SHS	428103105
APLE	APPLE HOSPITALITY REIT INC	446,900	$5,296	0.0%	$16.06	—	COM NEW	03784Y200
XBI	SPDR SERIES TRUST	2,548	$311	0.0%	$88.43	—	STATE STREET SPD	78464A870
CYRX	CRYOPORT INC	453,396	$4,353	0.0%	$56.34	-83.2%	COM PAR $0.001	229050307
MRNA	MODERNA INC	12,613	$372	0.0%	$91.81	-70.4%	COM	60770K107
CEPF	CANTOR EQUITY PARTNERS IV IN	250,000	$2,570	0.0%	$10.15	+2.4%	SHS CL A	G1828E100
PLRX	PLIANT THERAPEUTICS INC	22,206	$27	0.0%	$20.84	-92.8%	COM	729139105
CBIO	CRESCENT BIOPHARMA INC.	75,614	$897	0.0%	$21.15	-39.8%	COM	G2545C104
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,307	$657	0.0%	$486.15	+2.3%	CL B NEW	084670702