Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PL	PLANET LABS PBC	660,200	$21.87M	2.0%	$33.13	—	COM	72703X106
DELL	DELL TECHNOLOGIES	37,500	$16.18M	1.5%	$431.46	—	COM CL C	24703L202
COF	CAPITAL ONE FINANCIAL CORP	75,000	$15.05M	1.4%	$200.62	—	COM	14040H105
ADI	ANALOG DEVICES	36,250	$14.4M	1.3%	$397.17	—	COM	032654105
MRVL	MARVELL TECHNOLOGY INC	48,233	$14.37M	1.3%	$297.89	—	COM	573874104
INTC	INTEL CORP	98,400	$13.74M	1.2%	$139.63	—	COM	458140100
ONTO	ONTO INNOVATION INC	32,600	$12.34M	1.1%	$378.45	—	COM	683344105
TLN	TALEN ENERGY CORP	17,650	$6.782M	0.6%	$384.26	—	COM	87422Q109
FPS	FORGENT POWER SOLUTIONS INC	109,268	$6.104M	0.6%	$55.86	—	COM CL A	34631F102
RYTM	RHYTHM PHARMACEUTICALS INC	42,100	$4.674M	0.4%	$111.03	—	COM	76243J105
BORR	BORR DRILLING LTD	877,000	$3.622M	0.3%	$4.13	—	COM	G1466R173
QNT	QUANTINUUM INC	41,000	$3.351M	0.3%	$81.74	—	COM CL A	74768A104
TBBB	BBB FOODS INC	64,100	$2.671M	0.2%	$41.67	—	COM CL A	G0896C103
TBN	TAMBORAN RESOURCES CORP	80,500	$2.617M	0.2%	$32.51	—	COM	87507T101
AADX	APPLIED AEROSPACE & DEFENSE	110,500	$2.517M	0.2%	$22.78	—	COM	03815J107
GIS	GENERAL MILLS	71,000	$2.471M	0.2%	$34.80	—	COM	370334104
VIAV	VIAVI SOLUTIONS INC	38,924	$1.859M	0.2%	$47.75	—	COM	925550105
QBTS	D-WAVE QUANTUM INC	54,800	$1.315M	0.1%	$23.99	—	COM	26740W109
DDOG	DATADOG INC	4,500	$1.172M	0.1%	$260.36	—	COM CL A	23804L103
DPC	DPC HOLDINGS PLC	5,330	$261K	0.0%	$49.06	—	COM	G2R11M108
DUOL	DUOLINGO	1,500	$173K	0.0%	$115.02	—	COM	26603R106

Increased Positions (12)

SNDK SANDISK CORP 6.7%

Value $74.14M (+369.6%) Shares 32,609 (+31.2%) Est. Cost $693.65 Unrealized —

AMD ADVANCED MICRO DEVICES INC 3.3%

Value $36.73M (+419.4%) Shares 63,226 (+81.9%) Est. Cost $330.47 Unrealized —

RVMD REVOLUTION MEDICINES INC 2.0%

Value $22.51M (+2693.2%) Shares 120,200 (+1350.5%) Est. Cost $178.89 Unrealized —

NXPI NXP SEMICONDUCTORS NV 2.0%

Value $22.29M (+180.1%) Shares 79,301 (+96.2%) Est. Cost $239.55 Unrealized —

SEI SOLARIS ENERGY INFRASTRUCTURE 1.3%

Value $13.89M (+417.5%) Shares 172,650 (+263.5%) Est. Cost $72.91 Unrealized —

NTRA NATERA INC 2.0%

Value $22.25M (+45.9%) Shares 81,982 (+7.5%) Est. Cost $127.27 Unrealized —

NVDA NVIDIA CORPORATION 2.7%

Value $29.34M (+28.8%) Shares 146,615 (+12.2%) Est. Cost $115.22 Unrealized —

V VISA INC 2.4%

Value $26.47M (+31.3%) Shares 77,150 (+15.7%) Est. Cost $278.69 Unrealized —

PWR QUANTA SVCS INC 1.3%

Value $14.29M (+67.4%) Shares 19,850 (+27.7%) Est. Cost $310.75 Unrealized —

QXO QXO INC 0.9%

Value $10.35M (-8.5%) Shares 598,900 (+2.8%) Est. Cost $23.96 Unrealized —

AI C3.AI INC 0.3%

Value $3.295M (+22.7%) Shares 362,450 (+13.6%) Est. Cost $11.70 Unrealized —

MSFT MICROSOFT CORP 1.0%

Value $10.89M (+5.7%) Shares 29,200 (+4.8%) Est. Cost $343.88 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SNDK	SANDISK CORP	32,609 (+31.2%)	$74.14M (+369.6%)	6.7%	$693.65	—	COM	80004C200
AMD	ADVANCED MICRO DEVICES INC	63,226 (+81.9%)	$36.73M (+419.4%)	3.3%	$330.47	—	COM	007903107
RVMD	REVOLUTION MEDICINES INC	120,200 (+1350.5%)	$22.51M (+2693.2%)	2.0%	$178.89	—	COM	76155X100
NXPI	NXP SEMICONDUCTORS NV	79,301 (+96.2%)	$22.29M (+180.1%)	2.0%	$239.55	—	COM	N6596X109
SEI	SOLARIS ENERGY INFRASTRUCTURE	172,650 (+263.5%)	$13.89M (+417.5%)	1.3%	$72.91	—	COM	83418M103
NTRA	NATERA INC	81,982 (+7.5%)	$22.25M (+45.9%)	2.0%	$127.27	—	COM	632307104
NVDA	NVIDIA CORPORATION	146,615 (+12.2%)	$29.34M (+28.8%)	2.7%	$115.22	—	COM	67066G104
V	VISA INC	77,150 (+15.7%)	$26.47M (+31.3%)	2.4%	$278.69	—	COM CL A	92826C839
PWR	QUANTA SVCS INC	19,850 (+27.7%)	$14.29M (+67.4%)	1.3%	$310.75	—	COM	74762E102
QXO	QXO INC	598,900 (+2.8%)	$10.35M (-8.5%)	0.9%	$23.96	—	COM	82846H405
AI	C3.AI INC	362,450 (+13.6%)	$3.295M (+22.7%)	0.3%	$11.70	—	COM CL A	12468P104
MSFT	MICROSOFT CORP	29,200 (+4.8%)	$10.89M (+5.7%)	1.0%	$343.88	—	COM	594918104

Exited Positions (12)

— APPLOVIN CORP 0.5%

Value $5.97M Shares 150 Est. Cost — Unrealized —

SNPS SYNOPSYS INC 0.5%

Value $5.741M Shares 14,479 Est. Cost $444.23 Unrealized —

LVS LAS VEGAS SANDS 0.5%

Value $5.253M Shares 97,500 Est. Cost $52.28 Unrealized —

VST VISTRA CORP 0.4%

Value $4.36M Shares 29,000 Est. Cost $163.18 Unrealized —

— GENEDX HOLDINGS CORP 0.3%

Value $3.211M Shares 500 Est. Cost — Unrealized —

ALNT ALLIENT INC 0.3%

Value $2.777M Shares 47,000 Est. Cost $62.86 Unrealized —

KVYO KLAVIYO INC 0.2%

Value $2.514M Shares 129,200 Est. Cost $22.82 Unrealized —

OIH VANECK ETF TRUST 0.2%

Value $2.304M Shares 5,700 Est. Cost $321.16 Unrealized —

ROOT ROOT INC/OH 0.1%

Value $1.193M Shares 27,000 Est. Cost $65.74 Unrealized —

XHB STATE STREET SPDR S&P HOMEBUIL 0.1%

Value $1.007M Shares 10,200 Est. Cost $100.81 Unrealized —

BTBT BIT DIGITAL INC 0.0%

Value $331K Shares 253,000 Est. Cost $2.39 Unrealized —

BTG B2GOLD CORP 0.0%

Value $207K Shares 45,800 Est. Cost $4.66 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	APPLOVIN CORP	150	$5.97M	0.5%	—	—	CALL	99DN9QZ79
SNPS	SYNOPSYS INC	14,479	$5.741M	0.5%	$444.23	—	—	871607107
LVS	LAS VEGAS SANDS	97,500	$5.253M	0.5%	$52.28	—	—	517834107
VST	VISTRA CORP	29,000	$4.36M	0.4%	$163.18	—	—	92840M102
—	GENEDX HOLDINGS CORP	500	$3.211M	0.3%	—	—	CALL	99DP6M5W4
ALNT	ALLIENT INC	47,000	$2.777M	0.3%	$62.86	—	—	019330109
KVYO	KLAVIYO INC	129,200	$2.514M	0.2%	$22.82	—	—	49845K101
OIH	VANECK ETF TRUST	5,700	$2.304M	0.2%	$321.16	—	—	92189H607
ROOT	ROOT INC/OH	27,000	$1.193M	0.1%	$65.74	—	—	77664L207
XHB	STATE STREET SPDR S&P HOMEBUIL	10,200	$1.007M	0.1%	$100.81	—	—	78464A888
BTBT	BIT DIGITAL INC	253,000	$331K	0.0%	$2.39	—	—	G1144A105
BTG	B2GOLD CORP	45,800	$207K	0.0%	$4.66	—	—	11777Q209

Decreased Positions (25)

MU MICRON TECHNOLOGY INC 4.3%

Value $47.76M (+210.7%) Shares 41,377 (-9.1%) Est. Cost $209.44 Unrealized —

AMZN AMAZON COM INC 4.9%

Value $54M (-27.9%) Shares 226,579 (-37.0%) Est. Cost $141.01 Unrealized —

LRCX LAM RESEARCH 3.5%

Value $38.55M (+87.0%) Shares 88,966 (-7.8%) Est. Cost $129.55 Unrealized —

AMAT APPLIED MATERIALS 3.6%

Value $39.13M (+75.3%) Shares 54,128 (-17.1%) Est. Cost $326.57 Unrealized —

BE BLOOM ENERGY CORP 1.6%

Value $17.41M (+105.6%) Shares 57,525 (-8.0%) Est. Cost $144.65 Unrealized —

COHR COHERENT CORP 3.3%

Value $36.44M (+31.0%) Shares 92,371 (-20.9%) Est. Cost $171.35 Unrealized —

WULF TERAWULF INC 1.4%

Value $15.76M (+63.5%) Shares 637,982 (-4.5%) Est. Cost $3.48 Unrealized —

META META PLATFORMS INC 1.4%

Value $14.94M (-28.1%) Shares 26,520 (-27.0%) Est. Cost $463.34 Unrealized —

WGS GENEDX HOLDINGS CORP 3.6%

Value $39.26M (-11.3%) Shares 571,950 (-17.0%) Est. Cost $80.11 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 2.8%

Value $30.91M (+18.1%) Shares 64,728 (-16.4%) Est. Cost $172.98 Unrealized —

PRCH PORCH GROUP INC 0.9%

Value $10.43M (+73.3%) Shares 693,738 (-17.4%) Est. Cost $9.50 Unrealized —

AAOI APPLIED OPTOELR 1.0%

Value $10.64M (+57.2%) Shares 71,835 (-10.3%) Est. Cost $30.09 Unrealized —

KTOS KRATOS DEFENSE & SECURITY SOLTNS INC 0.6%

Value $7.131M (-34.8%) Shares 143,026 (-7.7%) Est. Cost $43.20 Unrealized —

APP APPLOVIN CORP 3.2%

Value $35.38M (+9.8%) Shares 68,675 (-15.2%) Est. Cost $312.74 Unrealized —

TDUP THREDUP INC 0.7%

Value $7.905M (+65.7%) Shares 1,154,000 (-20.7%) Est. Cost $6.29 Unrealized —

LITE LUMENTUM HLDGS INC 2.8%

Value $31.36M (+9.5%) Shares 36,553 (-10.3%) Est. Cost $79.56 Unrealized —

CRWD CROWDSTRIKE HOLDINGS INC 1.4%

Value $15.65M (-13.8%) Shares 20,511 (-55.9%) Est. Cost $431.12 Unrealized —

SNOW SNOWFLAKE INC 0.3%

Value $3.69M (-38.2%) Shares 14,500 (-63.4%) Est. Cost $194.49 Unrealized —

MCHP MICROCHIP TECHNOLOGY 1.0%

Value $11.46M (+20.6%) Shares 125,644 (-14.5%) Est. Cost $63.85 Unrealized —

DAL DELTA AIR LINES INC 1.1%

Value $12.54M (-11.1%) Shares 133,850 (-36.9%) Est. Cost $45.18 Unrealized —

VRT VERTIV HOLDINGS CO 1.9%

Value $21.26M (+6.6%) Shares 63,502 (-20.2%) Est. Cost $80.22 Unrealized —

ANET ARISTA NETWORKS INC 1.0%

Value $10.58M (+9.8%) Shares 62,304 (-20.6%) Est. Cost $125.82 Unrealized —

SPOT SPOTIFY TECHNOLOGY S A 1.1%

Value $12.41M (-6.6%) Shares 27,021 (-1.4%) Est. Cost $534.31 Unrealized —

HUT HUT 8 MINING CORP 0.6%

Value $7.012M (+2.6%) Shares 60,738 (-58.3%) Est. Cost $22.47 Unrealized —

GOOGL ALPHABET INC 1.3%

Value $14.81M (-0.3%) Shares 41,450 (-19.8%) Est. Cost $152.31 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MU	MICRON TECHNOLOGY INC	41,377 (-9.1%)	$47.76M (+210.7%)	4.3%	$209.44	—	COM	595112103
AMZN	AMAZON COM INC	226,579 (-37.0%)	$54M (-27.9%)	4.9%	$141.01	—	COM	023135106
LRCX	LAM RESEARCH	88,966 (-7.8%)	$38.55M (+87.0%)	3.5%	$129.55	—	COM	512807306
AMAT	APPLIED MATERIALS	54,128 (-17.1%)	$39.13M (+75.3%)	3.6%	$326.57	—	COM	038222105
BE	BLOOM ENERGY CORP	57,525 (-8.0%)	$17.41M (+105.6%)	1.6%	$144.65	—	COM CL A	093712107
COHR	COHERENT CORP	92,371 (-20.9%)	$36.44M (+31.0%)	3.3%	$171.35	—	COM	19247G107
WULF	TERAWULF INC	637,982 (-4.5%)	$15.76M (+63.5%)	1.4%	$3.48	—	COM	88080T104
META	META PLATFORMS INC	26,520 (-27.0%)	$14.94M (-28.1%)	1.4%	$463.34	—	CL A	30303M102
WGS	GENEDX HOLDINGS CORP	571,950 (-17.0%)	$39.26M (-11.3%)	3.6%	$80.11	—	COM CL A	81663L200
TSM	TAIWAN SEMICONDUCTOR MFG LTD	64,728 (-16.4%)	$30.91M (+18.1%)	2.8%	$172.98	—	SPONSORED ADS	874039100
PRCH	PORCH GROUP INC	693,738 (-17.4%)	$10.43M (+73.3%)	0.9%	$9.50	—	COM	733245104
AAOI	APPLIED OPTOELR	71,835 (-10.3%)	$10.64M (+57.2%)	1.0%	$30.09	—	COM	03823U102
KTOS	KRATOS DEFENSE & SECURITY SOLTNS INC	143,026 (-7.7%)	$7.131M (-34.8%)	0.6%	$43.20	—	COM	50077B207
APP	APPLOVIN CORP	68,675 (-15.2%)	$35.38M (+9.8%)	3.2%	$312.74	—	COM CL A	03831W108
TDUP	THREDUP INC	1,154,000 (-20.7%)	$7.905M (+65.7%)	0.7%	$6.29	—	COM CL A	88556E102
LITE	LUMENTUM HLDGS INC	36,553 (-10.3%)	$31.36M (+9.5%)	2.8%	$79.56	—	COM	55024U109
CRWD	CROWDSTRIKE HOLDINGS INC	20,511 (-55.9%)	$15.65M (-13.8%)	1.4%	$431.12	—	COM CL A	22788C105
SNOW	SNOWFLAKE INC	14,500 (-63.4%)	$3.69M (-38.2%)	0.3%	$194.49	—	COM CL A	833445109
MCHP	MICROCHIP TECHNOLOGY	125,644 (-14.5%)	$11.46M (+20.6%)	1.0%	$63.85	—	COM	595017104
DAL	DELTA AIR LINES INC	133,850 (-36.9%)	$12.54M (-11.1%)	1.1%	$45.18	—	COM	247361702
VRT	VERTIV HOLDINGS CO	63,502 (-20.2%)	$21.26M (+6.6%)	1.9%	$80.22	—	COM CL A	92537N108
ANET	ARISTA NETWORKS INC	62,304 (-20.6%)	$10.58M (+9.8%)	1.0%	$125.82	—	COM SHS	040413205
SPOT	SPOTIFY TECHNOLOGY S A	27,021 (-1.4%)	$12.41M (-6.6%)	1.1%	$534.31	—	SHS	L8681T102
HUT	HUT 8 MINING CORP	60,738 (-58.3%)	$7.012M (+2.6%)	0.6%	$22.47	—	COM	44812J104
GOOGL	ALPHABET INC	41,450 (-19.8%)	$14.81M (-0.3%)	1.3%	$152.31	—	CAP STK CL A	02079K305

Unchanged Positions (12)

STX SEAGATE TECHNOLOGY HLDNGS PL 1.6%

Value $17.22M Shares 17,844 Est. Cost $107.84 Unrealized —

TER TERADYNE INC 1.7%

Value $18.4M Shares 38,034 Est. Cost $111.88 Unrealized —

XMTR XOMETRY INC 0.9%

Value $9.908M Shares 102,650 Est. Cost $38.20 Unrealized —

AVGO BROADCOM INC 2.4%

Value $26.37M Shares 69,814 Est. Cost $154.27 Unrealized —

CDNA CAREDX INC 1.0%

Value $11.08M Shares 388,812 Est. Cost $15.81 Unrealized —

NFLX NETFLIX INC 0.7%

Value $7.211M Shares 101,000 Est. Cost $105.62 Unrealized —

SPNT SIRIUSPOINT LTD 0.9%

Value $9.536M Shares 397,350 Est. Cost $15.32 Unrealized —

EMBJ EMBRAER SA 0.7%

Value $7.794M Shares 122,161 Est. Cost $48.98 Unrealized —

FN FABRINET 0.7%

Value $7.251M Shares 12,900 Est. Cost $492.64 Unrealized —

ONB OLD NATL BNCP 0.2%

Value $2.59M Shares 100,000 Est. Cost $22.11 Unrealized —

LUXE LUXEXPERIENCE BV 0.4%

Value $4.384M Shares 590,000 Est. Cost $8.17 Unrealized —

STEM STEM INC 0.0%

Value $64,839 Shares 8,302 Est. Cost $19.16 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
STX	SEAGATE TECHNOLOGY HLDNGS PL	17,844	$17.22M	1.6%	$107.84	—	ORD SHS	G7997R103
TER	TERADYNE INC	38,034	$18.4M	1.7%	$111.88	—	COM	880770102
XMTR	XOMETRY INC	102,650	$9.908M	0.9%	$38.20	—	COM CL A	98423F109
AVGO	BROADCOM INC	69,814	$26.37M	2.4%	$154.27	—	COM	11135F101
CDNA	CAREDX INC	388,812	$11.08M	1.0%	$15.81	—	COM	14167L103
NFLX	NETFLIX INC	101,000	$7.211M	0.7%	$105.62	—	COM	64110L106
SPNT	SIRIUSPOINT LTD	397,350	$9.536M	0.9%	$15.32	—	COM	G8192H106
EMBJ	EMBRAER SA	122,161	$7.794M	0.7%	$48.98	—	SPONSORED ADS	29082A107
FN	FABRINET	12,900	$7.251M	0.7%	$492.64	—	COM	G3323L100
ONB	OLD NATL BNCP	100,000	$2.59M	0.2%	$22.11	—	COM	680033107
LUXE	LUXEXPERIENCE BV	590,000	$4.384M	0.4%	$8.17	—	SPONSORED ADS	55406W103
STEM	STEM INC	8,302	$64,839	0.0%	$19.16	—	COM	85859N300