Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
POOL	POOL CORP	270,000 (+92.9%)	$58.02M (+104.8%)	3.0%	$214.90	—	—	COM	73278L105
TIC	TIC SOLUTIONS INC	15,562,990 (+1.6%)	$126M (+24.9%)	6.5%	$8.09	—	—	COM	00510N102
CLBT	CELLEBRITE DI LTD	2,000,000 (+77.3%)	$29.2M (+87.8%)	1.5%	$14.60	—	—	ORDINARY SHARES	M2197Q107
AMZN	AMAZON COM INC	270,600 (+8.2%)	$64.49M (+23.8%)	3.3%	$238.34	—	—	COM	023135106
SSNC	SS&C TECHNOLOGIES HLDGS INC	1,332,900 (+5.9%)	$82.71M (-2.8%)	4.3%	$62.05	—	—	COM	78467J100

Exited Positions (5)

GFL GFL ENVIRONMENTAL INC 4.2%

Value $80.82M Shares 1,937,200 Share Price $41.72 Est. Cost/Share — Unrealized @ Report Date —

ABVX ABIVAX SA 0.1%

Value $1.363M Shares 12,240 Share Price $111.35 Est. Cost/Share — Unrealized @ Report Date —

PCVX VAXCYTE INC 0.1%

Value $1.354M Shares 23,300 Share Price $58.11 Est. Cost/Share — Unrealized @ Report Date —

ASND ASCENDIS PHARMA A/S 0.1%

Value $1.196M Shares 5,230 Share Price $228.73 Est. Cost/Share — Unrealized @ Report Date —

CRNX CRINETICS PHARMACEUTICALS IN 0.0%

Value $872K Shares 24,000 Share Price $36.32 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GFL	GFL ENVIRONMENTAL INC	1,937,200	$80.82M	4.2%	$41.72	—	—	—	36168Q104
ABVX	ABIVAX SA	12,240	$1.363M	0.1%	$111.35	—	—	—	00370M103
PCVX	VAXCYTE INC	23,300	$1.354M	0.1%	$58.11	—	—	—	92243G108
ASND	ASCENDIS PHARMA A/S	5,230	$1.196M	0.1%	$228.73	—	—	—	04351P101
CRNX	CRINETICS PHARMACEUTICALS IN	24,000	$872K	0.0%	$36.32	—	—	—	22663K107

Decreased Positions (2)

NRP NATURAL RESOURCE PARTNERS L 1.1%

Value $22.26M (-41.1%) Shares 229,463 (-26.6%) Share Price $97.00 Est. Cost/Share — Unrealized @ Report Date —

PAR PAR TECHNOLOGY CORP 1.9%

Value $37M (+27.9%) Shares 2,124,058 (-2.2%) Share Price $17.42 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
NRP	NATURAL RESOURCE PARTNERS L	229,463 (-26.6%)	$22.26M (-41.1%)	1.1%	$97.00	—	—	COM UNIT LTD PAR	63900P608
PAR	PAR TECHNOLOGY CORP	2,124,058 (-2.2%)	$37M (+27.9%)	1.9%	$17.42	—	—	COM	698884103

Unchanged Positions (20)

IBKR INTERACTIVE BROKERS GROUP IN 9.9%

Value $191M Shares 2,195,640 Share Price $87.04 Est. Cost/Share — Unrealized @ Report Date —

CCJ CAMECO CORP 12.4%

Value $241M Shares 2,367,131 Share Price $101.86 Est. Cost/Share — Unrealized @ Report Date —

AEM AGNICO EAGLE MINES LTD 2.3%

Value $44.2M Shares 284,925 Share Price $155.13 Est. Cost/Share — Unrealized @ Report Date —

IVV ISHARES TR 5.4%

Value $104M Shares 139,069 Share Price $748.89 Est. Cost/Share — Unrealized @ Report Date —

PSMT PRICESMART INC 2.7%

Value $53.15M Shares 272,100 Share Price $195.34 Est. Cost/Share — Unrealized @ Report Date —

ARLP ALLIANCE RESOURCE PARTNERS L 4.0%

Value $77.89M Shares 3,248,264 Share Price $23.98 Est. Cost/Share — Unrealized @ Report Date —

EQT EQT CORP 2.8%

Value $53.67M Shares 1,009,400 Share Price $53.17 Est. Cost/Share — Unrealized @ Report Date —

VOO VANGUARD INDEX FDS 3.7%

Value $70.95M Shares 103,300 Share Price $686.81 Est. Cost/Share — Unrealized @ Report Date —

SOLS SOLSTICE ADVANCED MATLS INC 3.3%

Value $64.78M Shares 731,100 Share Price $88.60 Est. Cost/Share — Unrealized @ Report Date —

APG API GROUP CORP 7.7%

Value $150M Shares 3,540,787 Share Price $42.35 Est. Cost/Share — Unrealized @ Report Date —

TSLX SIXTH STREET SPECIALTY LENDN 2.2%

Value $42.52M Shares 2,476,398 Share Price $17.17 Est. Cost/Share — Unrealized @ Report Date —

EPD ENTERPRISE PRODS PARTNERS L 3.2%

Value $61.98M Shares 1,686,131 Share Price $36.76 Est. Cost/Share — Unrealized @ Report Date —

MLM MARTIN MARIETTA MATLS INC 3.4%

Value $65.25M Shares 113,150 Share Price $576.70 Est. Cost/Share — Unrealized @ Report Date —

ARCC ARES CAPITAL CORP 2.1%

Value $41.22M Shares 2,224,728 Share Price $18.53 Est. Cost/Share — Unrealized @ Report Date —

BRK/B BERKSHIRE HATHAWAY INC DEL 1.4%

Value $26.64M Shares 53,239 Share Price $500.39 Est. Cost/Share — Unrealized @ Report Date —

MPLX MPLX LP 3.0%

Value $57.23M Shares 1,015,966 Share Price $56.33 Est. Cost/Share — Unrealized @ Report Date —

HCC WARRIOR MET COAL INC 0.2%

Value $4.402M Shares 54,235 Share Price $81.16 Est. Cost/Share — Unrealized @ Report Date —

ET ENERGY TRANSFER LP 2.7%

Value $52.46M Shares 2,743,907 Share Price $19.12 Est. Cost/Share — Unrealized @ Report Date —

DAKT DAKTRONICS INC 2.8%

Value $53.72M Shares 2,746,408 Share Price $19.56 Est. Cost/Share — Unrealized @ Report Date —

BXSL BLACKSTONE SECD LENDING FD 0.9%

Value $18.31M Shares 772,156 Share Price $23.71 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
IBKR	INTERACTIVE BROKERS GROUP IN	2,195,640	$191M	9.9%	$87.04	—	—	COM CL A	45841N107
CCJ	CAMECO CORP	2,367,131	$241M	12.4%	$101.86	—	—	COM	13321L108
AEM	AGNICO EAGLE MINES LTD	284,925	$44.2M	2.3%	$155.13	—	—	COM	008474108
IVV	ISHARES TR	139,069	$104M	5.4%	$748.89	—	—	CORE S&P500 ETF	464287200
PSMT	PRICESMART INC	272,100	$53.15M	2.7%	$195.34	—	—	COM	741511109
ARLP	ALLIANCE RESOURCE PARTNERS L	3,248,264	$77.89M	4.0%	$23.98	—	—	UT LTD PART	01877R108
EQT	EQT CORP	1,009,400	$53.67M	2.8%	$53.17	—	—	COM	26884L109
VOO	VANGUARD INDEX FDS	103,300	$70.95M	3.7%	$686.81	—	—	S&P 500 ETF SHS	922908363
SOLS	SOLSTICE ADVANCED MATLS INC	731,100	$64.78M	3.3%	$88.60	—	—	COM SHS	83443Q103
APG	API GROUP CORP	3,540,787	$150M	7.7%	$42.35	—	—	COM STK	00187Y100
TSLX	SIXTH STREET SPECIALTY LENDN	2,476,398	$42.52M	2.2%	$17.17	—	—	COM	83012A109
EPD	ENTERPRISE PRODS PARTNERS L	1,686,131	$61.98M	3.2%	$36.76	—	—	COM	293792107
MLM	MARTIN MARIETTA MATLS INC	113,150	$65.25M	3.4%	$576.70	—	—	COM	573284106
ARCC	ARES CAPITAL CORP	2,224,728	$41.22M	2.1%	$18.53	—	—	COM	04010L103
BRK/B	BERKSHIRE HATHAWAY INC DEL	53,239	$26.64M	1.4%	$500.39	—	—	CL B NEW	084670702
MPLX	MPLX LP	1,015,966	$57.23M	3.0%	$56.33	—	—	COM UNIT REP LTD	55336V100
HCC	WARRIOR MET COAL INC	54,235	$4.402M	0.2%	$81.16	—	—	COM	93627C101
ET	ENERGY TRANSFER LP	2,743,907	$52.46M	2.7%	$19.12	—	—	COM UT LTD PTN	29273V100
DAKT	DAKTRONICS INC	2,746,408	$53.72M	2.8%	$19.56	—	—	COM	234264109
BXSL	BLACKSTONE SECD LENDING FD	772,156	$18.31M	0.9%	$23.71	—	—	COMMON STOCK	09261X102