Duquesne Family Office LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XLF	Select Sector Spdr Tr	5,495,600	$301	6.7%	$0.05	—	STATE STREET FIN	81369Y605
RSP	Invesco Exchange Traded Fd T	1,173,925	$225	5.0%	$0.19	—	S&P500 EQL WGT	46137V357
EWZ	Ishares Inc	4,228,000	$134	3.0%	$0.03	—	CALL	464286400
EWZ	Ishares Inc	3,552,575	$113	2.5%	$0.03	—	MSCI BRAZIL ETF	464286400
AA	Alcoa Corp	1,376,050	$73	1.6%	$40.88	0.0%	COM	013872106
ENTG	Entegris Inc	844,160	$71	1.6%	$86.76	0.0%	COM	29362U104
LSCC	Lattice Semiconductor Corp	925,970	$68	1.5%	$0.07	—	COM	518415104
BE	Bloom Energy Corp	740,545	$64	1.4%	$105.07	0.0%	COM CL A	093712107
DAL	Delta Air Lines Inc Del	650,910	$45	1.0%	$62.45	0.0%	COM NEW	247361702
UAL	United Airls Hldgs Inc	348,400	$39	0.9%	$101.05	0.0%	COM	910047109
ON	On Semiconductor Corp	536,260	$29	0.6%	$51.30	0.0%	COM	682189105
GS	Goldman Sachs Group Inc	27,500	$24	0.5%	$813.35	0.0%	COM	38141G104
AMZN	Amazon Com Inc	100,000	$23	0.5%	$227.34	+0.6%	CALL	023135106
STM	Stmicroelectronics N V	773,555	$20	0.4%	$0.03	—	NY REGISTRY	861012102
SCCO	Southern Copper Corp	120,817	$17	0.4%	$132.76	0.0%	COM	84265V105
RH	Rh	88,200	$16	0.4%	$171.01	0.0%	COM	74967X103
Z	Zillow Group Inc	192,640	$13	0.3%	$72.41	0.0%	CL C CAP STK	98954M200
—	Cidara Therapeutics Inc	49,495	$11	0.2%	$0.22	—	COM NEW	171757206
PM	Philip Morris Intl Inc	67,400	$11	0.2%	$153.57	0.0%	COM	718172109
AAL	American Airls Group Inc	639,785	$10	0.2%	$13.49	0.0%	COM	02376R102
AGX	Argan Inc	30,000	$9	0.2%	$316.84	0.0%	COM	04010E109
DASH	Doordash Inc	35,900	$8	0.2%	$234.56	0.0%	CL A	25809K105
PGNY	Progyny Inc	295,115	$8	0.2%	$23.00	0.0%	COM	74340E103
ADMA	Adma Biologics Inc	252,200	$5	0.1%	$16.85	0.0%	COM	000899104
ALM	Almonty Inds Inc	469,880	$4	0.1%	$7.35	0.0%	COM NEW	020398707
WOLF	Wolfspeed Inc	186,900	$3	0.1%	$22.94	0.0%	COMMON STOCK	97785W106
WVE	Wave Life Sciences Ltd	173,000	$3	0.1%	$10.16	0.0%	SHS	Y95308105
NP	Neptune Ins Hldgs Inc	20,000	$1	0.0%	$26.30	0.0%	CL A	64073B103

Increased Positions (13)

GOOGL Alphabet Inc 2.7%

Value ($000) $121 (+385.0%) Shares 385,000 (+276.7%) Est. Cost $265.32 Unrealized +7.6%

AMZN Amazon Com Inc 3.8%

Value ($000) $170 (+77.5%) Shares 737,940 (+68.8%) Est. Cost $227.34 Unrealized +0.6%

SE Sea Ltd 2.7%

Value ($000) $120 (+145.8%) Shares 944,120 (+244.3%) Est. Cost $0.14 Unrealized —

COGT Cogent Biosciences Inc 1.8%

Value ($000) $79 (+416.9%) Shares 2,214,470 (+109.0%) Est. Cost $20.33 Unrealized +38.3%

TBBB Bbb Foods Inc 2.0%

Value ($000) $89 (+180.0%) Shares 2,675,152 (+126.1%) Est. Cost $28.46 Unrealized +5.1%

NAMS Newamsterdam Pharma Company 2.4%

Value ($000) $108 (+96.9%) Shares 3,070,146 (+59.6%) Est. Cost $27.63 Unrealized +31.7%

OPCH Option Care Health Inc 1.2%

Value ($000) $56 (+105.0%) Shares 1,745,950 (+78.6%) Est. Cost $30.35 Unrealized -3.3%

YPF Ypf Sociedad Anonima 0.5%

Value ($000) $22 (+687.8%) Shares 606,990 (+429.2%) Est. Cost $0.04 Unrealized —

CRH Crh Plc 1.3%

Value ($000) $59 (+25.5%) Shares 474,955 (+20.6%) Est. Cost $107.92 Unrealized +10.4%

CPNG Coupang Inc 3.6%

Value ($000) $160 (+7.1%) Shares 6,772,909 (+46.2%) Est. Cost $30.90 Unrealized -7.9%

QSR Restaurant Brands Intl Inc 1.8%

Value ($000) $82 (+13.7%) Shares 1,209,000 (+6.9%) Est. Cost $66.61 Unrealized +3.4%

PCT Purecycle Technologies Inc 0.6%

Value ($000) $25 (-18.4%) Shares 2,878,434 (+25.0%) Est. Cost $10.30 Unrealized +3.0%

CMG Chipotle Mexican Grill Inc 0.3%

Value ($000) $15 (+58.7%) Shares 391,930 (+68.1%) Est. Cost $41.44 Unrealized -12.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	Alphabet Inc	385,000 (+276.7%)	$121 (+385.0%)	2.7%	$265.32	+7.6%	CAP STK CL A	02079K305
AMZN	Amazon Com Inc	737,940 (+68.8%)	$170 (+77.5%)	3.8%	$227.34	+0.6%	COM	023135106
SE	Sea Ltd	944,120 (+244.3%)	$120 (+145.8%)	2.7%	$0.14	—	SPONSORD ADS	81141R100
COGT	Cogent Biosciences Inc	2,214,470 (+109.0%)	$79 (+416.9%)	1.8%	$20.33	+38.3%	COM	19240Q201
TBBB	Bbb Foods Inc	2,675,152 (+126.1%)	$89 (+180.0%)	2.0%	$28.46	+5.1%	CL A COM	G0896C103
NAMS	Newamsterdam Pharma Company	3,070,146 (+59.6%)	$108 (+96.9%)	2.4%	$27.63	+31.7%	ORDINARY SHARES	N62509109
OPCH	Option Care Health Inc	1,745,950 (+78.6%)	$56 (+105.0%)	1.2%	$30.35	-3.3%	COM NEW	68404L201
YPF	Ypf Sociedad Anonima	606,990 (+429.2%)	$22 (+687.8%)	0.5%	$0.04	—	SPON ADR CL D	984245100
CRH	Crh Plc	474,955 (+20.6%)	$59 (+25.5%)	1.3%	$107.92	+10.4%	ORD	G25508105
CPNG	Coupang Inc	6,772,909 (+46.2%)	$160 (+7.1%)	3.6%	$30.90	-7.9%	CL A	22266T109
QSR	Restaurant Brands Intl Inc	1,209,000 (+6.9%)	$82 (+13.7%)	1.8%	$66.61	+3.4%	COM	76131D103
PCT	Purecycle Technologies Inc	2,878,434 (+25.0%)	$25 (-18.4%)	0.6%	$10.30	+3.0%	COM	74623V103
CMG	Chipotle Mexican Grill Inc	391,930 (+68.1%)	$15 (+58.7%)	0.3%	$41.44	-12.7%	COM	169656105

Exited Positions (31)

— Verona Pharma Plc 2.4%

Value ($000) $107 Shares 1,002,080 Est. Cost $0.04 Unrealized —

META Meta Platforms Inc 1.2%

Value ($000) $56 Shares 76,100 Est. Cost $743.23 Unrealized -10.2%

CRS Carpenter Technology Corp 1.2%

Value ($000) $54 Shares 220,035 Est. Cost $233.50 Unrealized +28.7%

C Citigroup Inc 1.2%

Value ($000) $52 Shares 514,850 Est. Cost $71.20 Unrealized +45.6%

TWLO Twilio Inc 1.1%

Value ($000) $51 Shares 512,800 Est. Cost $114.89 Unrealized +7.8%

BAC Bank America Corp 1.1%

Value ($000) $51 Shares 989,250 Est. Cost $45.96 Unrealized +14.6%

EQT Eqt Corp 1.1%

Value ($000) $49 Shares 894,950 Est. Cost $51.50 Unrealized +9.0%

GEV Ge Vernova Inc 1.1%

Value ($000) $48 Shares 77,320 Est. Cost $605.52 Unrealized +0.6%

VST Vistra Corp 1.0%

Value ($000) $46 Shares 233,985 Est. Cost $197.68 Unrealized -8.0%

LEN Lennar Corp 0.8%

Value ($000) $35 Shares 279,424 Est. Cost $118.34 Unrealized +2.0%

DHI D R Horton Inc 0.8%

Value ($000) $35 Shares 205,150 Est. Cost $143.68 Unrealized +5.8%

FWONK Liberty Media Corp Del 0.7%

Value ($000) $30 Shares 288,400 Est. Cost $0.10 Unrealized —

DKS Dicks Sporting Goods Inc 0.7%

Value ($000) $29 Shares 132,425 Est. Cost $215.56 Unrealized +0.7%

KBE Spdr Series Trust 0.6%

Value ($000) $29 Shares 482,095 Est. Cost $0.06 Unrealized —

PCG Pg&E Corp 0.6%

Value ($000) $25 Shares 1,649,300 Est. Cost $14.52 Unrealized +9.7%

ARM Arm Holdings Plc 0.5%

Value ($000) $24 Shares 167,900 Est. Cost $0.14 Unrealized —

NU Nu Hldgs Ltd 0.5%

Value ($000) $23 Shares 1,454,180 Est. Cost $11.97 Unrealized +34.2%

SMTC Semtech Corp 0.5%

Value ($000) $22 Shares 301,515 Est. Cost $54.29 Unrealized +30.7%

STX Seagate Technology Hldngs Pl 0.5%

Value ($000) $20 Shares 85,900 Est. Cost $70.40 Unrealized +267.8%

GPC Genuine Parts Co 0.4%

Value ($000) $20 Shares 144,185 Est. Cost $132.40 Unrealized -2.8%

ELVN Enliven Therapeutics Inc 0.4%

Value ($000) $19 Shares 947,405 Est. Cost $19.56 Unrealized +1.9%

POST Post Hldgs Inc 0.4%

Value ($000) $19 Shares 176,400 Est. Cost $107.27 Unrealized -3.5%

SNDK Sandisk Corp 0.4%

Value ($000) $19 Shares 166,235 Est. Cost $58.39 Unrealized +243.0%

SYF Synchrony Financial 0.4%

Value ($000) $19 Shares 261,825 Est. Cost $72.04 Unrealized +5.9%

ARGT Global X Fds 0.4%

Value ($000) $18 Shares 254,045 Est. Cost $0.07 Unrealized —

NTRA Natera Inc 0.4%

Value ($000) $16 Shares 100,000 Est. Cost $88.84 Unrealized +134.8%

COF Capital One Finl Corp 0.2%

Value ($000) $9 Shares 43,920 Est. Cost $217.80 Unrealized +2.0%

SEI Solaris Energy Infras Inc 0.1%

Value ($000) $6 Shares 145,600 Est. Cost $31.12 Unrealized +55.2%

MDB Mongodb Inc 0.1%

Value ($000) $5 Shares 17,710 Est. Cost $257.06 Unrealized +41.5%

TXRH Texas Roadhouse Inc 0.1%

Value ($000) $5 Shares 29,800 Est. Cost $175.05 Unrealized -3.6%

CHYM Chime Finl Inc 0.0%

Value ($000) $1 Shares 43,230 Est. Cost $32.95 Unrealized -35.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	Verona Pharma Plc	1,002,080	$107	2.4%	$0.04	—	—	925050106
META	Meta Platforms Inc	76,100	$56	1.2%	$743.23	-10.2%	—	30303M102
CRS	Carpenter Technology Corp	220,035	$54	1.2%	$233.50	+28.7%	—	144285103
C	Citigroup Inc	514,850	$52	1.2%	$71.20	+45.6%	—	172967424
TWLO	Twilio Inc	512,800	$51	1.1%	$114.89	+7.8%	—	90138F102
BAC	Bank America Corp	989,250	$51	1.1%	$45.96	+14.6%	—	060505104
EQT	Eqt Corp	894,950	$49	1.1%	$51.50	+9.0%	—	26884L109
GEV	Ge Vernova Inc	77,320	$48	1.1%	$605.52	+0.6%	—	36828A101
VST	Vistra Corp	233,985	$46	1.0%	$197.68	-8.0%	—	92840M102
LEN	Lennar Corp	279,424	$35	0.8%	$118.34	+2.0%	—	526057104
DHI	D R Horton Inc	205,150	$35	0.8%	$143.68	+5.8%	—	23331A109
FWONK	Liberty Media Corp Del	288,400	$30	0.7%	$0.10	—	—	531229755
DKS	Dicks Sporting Goods Inc	132,425	$29	0.7%	$215.56	+0.7%	—	253393102
KBE	Spdr Series Trust	482,095	$29	0.6%	$0.06	—	—	78464A797
PCG	Pg&E Corp	1,649,300	$25	0.6%	$14.52	+9.7%	—	69331C108
ARM	Arm Holdings Plc	167,900	$24	0.5%	$0.14	—	—	042068205
NU	Nu Hldgs Ltd	1,454,180	$23	0.5%	$11.97	+34.2%	—	G6683N103
SMTC	Semtech Corp	301,515	$22	0.5%	$54.29	+30.7%	—	816850101
STX	Seagate Technology Hldngs Pl	85,900	$20	0.5%	$70.40	+267.8%	—	G7997R103
GPC	Genuine Parts Co	144,185	$20	0.4%	$132.40	-2.8%	—	372460105
ELVN	Enliven Therapeutics Inc	947,405	$19	0.4%	$19.56	+1.9%	—	29337E102
POST	Post Hldgs Inc	176,400	$19	0.4%	$107.27	-3.5%	—	737446104
SNDK	Sandisk Corp	166,235	$19	0.4%	$58.39	+243.0%	—	80004C200
SYF	Synchrony Financial	261,825	$19	0.4%	$72.04	+5.9%	—	87165B103
ARGT	Global X Fds	254,045	$18	0.4%	$0.07	—	—	37950E259
NTRA	Natera Inc	100,000	$16	0.4%	$88.84	+134.8%	CALL	632307104
COF	Capital One Finl Corp	43,920	$9	0.2%	$217.80	+2.0%	—	14040H105
SEI	Solaris Energy Infras Inc	145,600	$6	0.1%	$31.12	+55.2%	—	83418M103
MDB	Mongodb Inc	17,710	$5	0.1%	$257.06	+41.5%	—	60937P106
TXRH	Texas Roadhouse Inc	29,800	$5	0.1%	$175.05	-3.6%	—	882681109
CHYM	Chime Finl Inc	43,230	$1	0.0%	$32.95	-35.5%	—	16935C109

Decreased Positions (14)

TEVA Teva Pharmaceutical Inds Ltd 4.1%

Value ($000) $183 (-45.3%) Shares 5,874,870 (-64.6%) Est. Cost $0.02 Unrealized —

INSM Insmed Inc 5.7%

Value ($000) $258 (-26.1%) Shares 1,481,752 (-38.9%) Est. Cost $78.34 Unrealized +132.9%

NTRA Natera Inc 12.8%

Value ($000) $575 (+11.2%) Shares 2,511,357 (-21.9%) Est. Cost $88.84 Unrealized +134.8%

EEM Ishares Tr 1.1%

Value ($000) $49 (-51.3%) Shares 902,500 (-52.5%) Est. Cost $0.05 Unrealized —

DOCU Docusign Inc 1.6%

Value ($000) $70 (-42.6%) Shares 1,019,085 (-39.6%) Est. Cost $84.26 Unrealized -17.9%

TSM Taiwan Semiconductor Mfg Ltd 3.7%

Value ($000) $165 (-22.8%) Shares 543,085 (-29.0%) Est. Cost $0.18 Unrealized —

MELI Mercadolibre Inc 2.1%

Value ($000) $95 (-30.3%) Shares 47,149 (-19.2%) Est. Cost $1739.73 Unrealized +20.7%

STUB Stubhub Hldgs Inc 0.7%

Value ($000) $31 (-56.5%) Shares 2,305,751 (-45.9%) Est. Cost $18.34 Unrealized -14.3%

ROKU Roku Inc 1.4%

Value ($000) $63 (-23.2%) Shares 582,980 (-29.1%) Est. Cost $74.42 Unrealized +36.4%

WWD Woodward Inc 4.0%

Value ($000) $179 (+11.7%) Shares 590,930 (-6.6%) Est. Cost $142.24 Unrealized +93.2%

U Unity Software Inc 0.4%

Value ($000) $18 (-48.7%) Shares 410,020 (-53.5%) Est. Cost $22.00 Unrealized +85.2%

FIGR Figure Technology Solutio 1.4%

Value ($000) $63 (-18.3%) Shares 1,539,785 (-27.3%) Est. Cost $38.84 Unrealized +3.0%

DAKT Daktronics Inc 0.4%

Value ($000) $17 (-43.9%) Shares 852,960 (-40.6%) Est. Cost $9.89 Unrealized +93.2%

CLF Cleveland-Cliffs Inc New 0.5%

Value ($000) $23 (-30.0%) Shares 1,745,655 (-35.7%) Est. Cost $10.52 Unrealized +20.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TEVA	Teva Pharmaceutical Inds Ltd	5,874,870 (-64.6%)	$183 (-45.3%)	4.1%	$0.02	—	SPONSORED ADS	881624209
INSM	Insmed Inc	1,481,752 (-38.9%)	$258 (-26.1%)	5.7%	$78.34	+132.9%	COM PAR $.01	457669307
NTRA	Natera Inc	2,511,357 (-21.9%)	$575 (+11.2%)	12.8%	$88.84	+134.8%	COM	632307104
EEM	Ishares Tr	902,500 (-52.5%)	$49 (-51.3%)	1.1%	$0.05	—	MSCI EMG MKT ETF	464287234
DOCU	Docusign Inc	1,019,085 (-39.6%)	$70 (-42.6%)	1.6%	$84.26	-17.9%	COM	256163106
TSM	Taiwan Semiconductor Mfg Ltd	543,085 (-29.0%)	$165 (-22.8%)	3.7%	$0.18	—	SPONSORED ADS	874039100
MELI	Mercadolibre Inc	47,149 (-19.2%)	$95 (-30.3%)	2.1%	$1739.73	+20.7%	COM	58733R102
STUB	Stubhub Hldgs Inc	2,305,751 (-45.9%)	$31 (-56.5%)	0.7%	$18.34	-14.3%	CL A	86384P109
ROKU	Roku Inc	582,980 (-29.1%)	$63 (-23.2%)	1.4%	$74.42	+36.4%	COM CL A	77543R102
WWD	Woodward Inc	590,930 (-6.6%)	$179 (+11.7%)	4.0%	$142.24	+93.2%	COM	980745103
U	Unity Software Inc	410,020 (-53.5%)	$18 (-48.7%)	0.4%	$22.00	+85.2%	COM	91332U101
FIGR	Figure Technology Solutio	1,539,785 (-27.3%)	$63 (-18.3%)	1.4%	$38.84	+3.0%	COM CL A	349381103
DAKT	Daktronics Inc	852,960 (-40.6%)	$17 (-43.9%)	0.4%	$9.89	+93.2%	COM	234264109
CLF	Cleveland-Cliffs Inc New	1,745,655 (-35.7%)	$23 (-30.0%)	0.5%	$10.52	+20.1%	COM	185899101

Unchanged Positions (7)

FLUT Flutter Entmt Plc 0.6%

Value ($000) $25 Shares 115,245 Est. Cost $255.10 Unrealized -11.8%

WAB Wabtec 1.4%

Value ($000) $64 Shares 300,110 Est. Cost $176.35 Unrealized +16.4%

PTGX Protagonist Therapeutics Inc 0.3%

Value ($000) $14 Shares 159,700 Est. Cost $56.84 Unrealized +44.0%

AEVA Aeva Technologies Inc 0.5%

Value ($000) $24 Shares 1,824,862 Est. Cost $18.95 Unrealized -24.9%

SATS Echostar Corp 0.1%

Value ($000) $7 Shares 60,765 Est. Cost $45.28 Unrealized +79.8%

SPY Spdr S&P 500 Etf Tr 1.4%

Value ($000) $61 Shares 90,000 Est. Cost — Unrealized —

IWM Ishares Tr 1.2%

Value ($000) $56 Shares 226,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FLUT	Flutter Entmt Plc	115,245	$25	0.6%	$255.10	-11.8%	SHS	G3643J108
WAB	Wabtec	300,110	$64	1.4%	$176.35	+16.4%	COM	929740108
PTGX	Protagonist Therapeutics Inc	159,700	$14	0.3%	$56.84	+44.0%	COM	74366E102
AEVA	Aeva Technologies Inc	1,824,862	$24	0.5%	$18.95	-24.9%	COM NEW	00835Q202
SATS	Echostar Corp	60,765	$7	0.1%	$45.28	+79.8%	CL A	278768106
SPY	Spdr S&P 500 Etf Tr	90,000	$61	1.4%	—	—	CALL	78462F103
IWM	Ishares Tr	226,000	$56	1.2%	—	—	CALL	464287655