Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FDXF	FEDEX FGHT HLDG CO INC	366,682	$55.37M	2.2%	—	—	COMMON STOCK	314352105
CVNA	CARVANA CO	813,127	$53.52M	2.1%	—	—	CL A	146869102
GLW	CORNING INC	163,766	$41.83M	1.7%	—	—	COM	219350105
PRIM	PRIMORIS SVCS CORP	415,103	$41.15M	1.6%	—	—	COM	74164F103
ES	EVERSOURCE ENERGY	507,164	$36.65M	1.5%	—	—	COM	30040W108
WOLF	WOLFSPEED INC	571,267	$27.56M	1.1%	—	—	COMMON STOCK	97785W106
RIG	TRANSOCEAN LTD	4,652,185	$22.75M	0.9%	—	—	REGISTERED SHS	H8817H100
FRVO	FERVO ENERGY CO	459,840	$13.44M	0.5%	—	—	CL A COM	31556C106
XIFR	XPLR INFRASTRUCTURE LP	342,633	$4.046M	0.2%	—	—	COM UNIT PART IN	65341B106
NIO	NIO INC	284,515	$1.44M	0.1%	—	—	SPON ADS	62914V106

Increased Positions (17)

FLEX FLEX LTD 11.2%

Value $280M (+435.5%) Shares 1,727,715 (+116.3%) Est. Cost — Unrealized —

XEL XCEL ENERGY INC 8.1%

Value $203M (+32.9%) Shares 2,522,174 (+31.4%) Est. Cost — Unrealized —

JCI JOHNSON CONTROLS INTERNATION 3.6%

Value $90.93M (+49.7%) Shares 622,330 (+34.2%) Est. Cost — Unrealized —

CGNX COGNEX CORP 2.8%

Value $70.09M (+61.0%) Shares 967,843 (+8.9%) Est. Cost — Unrealized —

KEYS KEYSIGHT TECHNOLOGIES INC 2.8%

Value $69.99M (+50.2%) Shares 199,931 (+21.2%) Est. Cost — Unrealized —

NXT NEXTPOWER INC 0.8%

Value $21.21M (+547.2%) Shares 178,035 (+554.9%) Est. Cost — Unrealized —

EOSE EOS ENERGY ENTERPRISES INC 1.6%

Value $39.29M (+47.2%) Shares 6,681,859 (+24.2%) Est. Cost — Unrealized —

ETR ENTERGY CORP NEW 6.1%

Value $154M (+8.3%) Shares 1,340,648 (+6.0%) Est. Cost — Unrealized —

CHRW C H ROBINSON WORLDWIDE IN 2.7%

Value $67.63M (+19.3%) Shares 359,077 (+5.2%) Est. Cost — Unrealized —

CEG CONSTELLATION ENERGY CORP 2.8%

Value $71.07M (+14.3%) Shares 286,137 (+28.5%) Est. Cost — Unrealized —

WMB WILLIAMS COS INC 3.4%

Value $85.84M (+8.2%) Shares 1,154,694 (+5.9%) Est. Cost — Unrealized —

GDS GDS HLDGS LTD 1.0%

Value $24.98M (-20.6%) Shares 831,889 (+6.5%) Est. Cost — Unrealized —

ENVX ENOVIX CORPORATION 1.2%

Value $29.06M (+21.2%) Shares 4,788,098 (+3.5%) Est. Cost — Unrealized —

MWH SOLV ENERGY INC 1.0%

Value $25.52M (+17.8%) Shares 749,386 (+3.9%) Est. Cost — Unrealized —

NPKI NPK INTERNATIONAL INC 0.7%

Value $18.6M (+16.7%) Shares 1,169,304 (+6.3%) Est. Cost — Unrealized —

EIX EDISON INTL 1.1%

Value $26.66M (+7.3%) Shares 358,124 (+5.4%) Est. Cost — Unrealized —

PCG PG&E CORP 2.5%

Value $61.89M (+1.2%) Shares 3,679,420 (+5.7%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FLEX	FLEX LTD	1,727,715 (+116.3%)	$280M (+435.5%)	11.2%	—	—	ORD	Y2573F102
XEL	XCEL ENERGY INC	2,522,174 (+31.4%)	$203M (+32.9%)	8.1%	—	—	COM	98389B100
JCI	JOHNSON CONTROLS INTERNATION	622,330 (+34.2%)	$90.93M (+49.7%)	3.6%	—	—	SHS	G51502105
CGNX	COGNEX CORP	967,843 (+8.9%)	$70.09M (+61.0%)	2.8%	—	—	COM	192422103
KEYS	KEYSIGHT TECHNOLOGIES INC	199,931 (+21.2%)	$69.99M (+50.2%)	2.8%	—	—	COM	49338L103
NXT	NEXTPOWER INC	178,035 (+554.9%)	$21.21M (+547.2%)	0.8%	—	—	CLASS A COM	65290E101
EOSE	EOS ENERGY ENTERPRISES INC	6,681,859 (+24.2%)	$39.29M (+47.2%)	1.6%	—	—	COM CL A	29415C101
ETR	ENTERGY CORP NEW	1,340,648 (+6.0%)	$154M (+8.3%)	6.1%	—	—	COM	29364G103
CHRW	C H ROBINSON WORLDWIDE IN	359,077 (+5.2%)	$67.63M (+19.3%)	2.7%	—	—	COM NEW	12541W209
CEG	CONSTELLATION ENERGY CORP	286,137 (+28.5%)	$71.07M (+14.3%)	2.8%	—	—	COM	21037T109
WMB	WILLIAMS COS INC	1,154,694 (+5.9%)	$85.84M (+8.2%)	3.4%	—	—	COM	969457100
GDS	GDS HLDGS LTD	831,889 (+6.5%)	$24.98M (-20.6%)	1.0%	—	—	SPONSORED ADS	36165L108
ENVX	ENOVIX CORPORATION	4,788,098 (+3.5%)	$29.06M (+21.2%)	1.2%	—	—	COM	293594107
MWH	SOLV ENERGY INC	749,386 (+3.9%)	$25.52M (+17.8%)	1.0%	—	—	COM SHS CL A	78475V103
NPKI	NPK INTERNATIONAL INC	1,169,304 (+6.3%)	$18.6M (+16.7%)	0.7%	—	—	COM SHS	651718504
EIX	EDISON INTL	358,124 (+5.4%)	$26.66M (+7.3%)	1.1%	—	—	COM	281020107
PCG	PG&E CORP	3,679,420 (+5.7%)	$61.89M (+1.2%)	2.5%	—	—	COM	69331C108

Exited Positions (10)

SPY STATE STR SPDR S&P 500 ETF T 13.4%

Value $337M Shares 518,000 Est. Cost — Unrealized —

CEG CONSTELLATION ENERGY CORP 3.6%

Value $89.36M Shares 320,000 Est. Cost — Unrealized —

DOW DOW HLDGS INC 3.2%

Value $79.87M Shares 1,917,631 Est. Cost — Unrealized —

XLU SELECT SECTOR SPDR TR 2.3%

Value $56.92M Shares 1,240,257 Est. Cost — Unrealized —

FDX FEDEX CORP 2.3%

Value $56.69M Shares 159,165 Est. Cost — Unrealized —

AES AES CORP 0.9%

Value $22.52M Shares 1,598,292 Est. Cost — Unrealized —

BA BOEING CO 0.7%

Value $18.64M Shares 93,653 Est. Cost — Unrealized —

ENPH ENPHASE ENERGY INC 0.7%

Value $18.48M Shares 488,852 Est. Cost — Unrealized —

FPS FORGENT POWER SOLUTIONS INC 0.6%

Value $15.47M Shares 528,663 Est. Cost — Unrealized —

FTCI FTC SOLAR INC 0.0%

Value $341K Shares 90,201 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	STATE STR SPDR S&P 500 ETF T	518,000	$337M	13.4%	—	—	PUT	78462F103
CEG	CONSTELLATION ENERGY CORP	320,000	$89.36M	3.6%	—	—	CALL	21037T109
DOW	DOW HLDGS INC	1,917,631	$79.87M	3.2%	—	—	—	260557103
XLU	SELECT SECTOR SPDR TR	1,240,257	$56.92M	2.3%	—	—	—	81369Y886
FDX	FEDEX CORP	159,165	$56.69M	2.3%	—	—	—	31428X106
AES	AES CORP	1,598,292	$22.52M	0.9%	—	—	—	00130H105
BA	BOEING CO	93,653	$18.64M	0.7%	—	—	—	097023105
ENPH	ENPHASE ENERGY INC	488,852	$18.48M	0.7%	—	—	—	29355A107
FPS	FORGENT POWER SOLUTIONS INC	528,663	$15.47M	0.6%	—	—	—	34631F102
FTCI	FTC SOLAR INC	90,201	$341K	0.0%	—	—	—	30320C301

Decreased Positions (17)

FE FIRSTENERGY CORP 3.9%

Value $97.31M (-35.8%) Shares 2,046,976 (-31.6%) Est. Cost — Unrealized —

MTZ MASTEC INC 10.3%

Value $258M (+12.5%) Shares 620,190 (-13.0%) Est. Cost — Unrealized —

ALB ALBEMARLE CORP 0.7%

Value $18.53M (-53.6%) Shares 137,253 (-38.3%) Est. Cost — Unrealized —

NEE NEXTERA ENERGY INC 6.8%

Value $170M (-10.5%) Shares 1,932,900 (-5.3%) Est. Cost — Unrealized —

SEDG SOLAREDGE TECHNOLOGIES INC 1.6%

Value $39.31M (-28.6%) Shares 672,680 (-37.6%) Est. Cost — Unrealized —

NRG NRG ENERGY INC 2.1%

Value $52.24M (-12.1%) Shares 357,635 (-12.1%) Est. Cost — Unrealized —

ULS UL SOLUTIONS INC 2.2%

Value $54.05M (-11.7%) Shares 530,585 (-25.7%) Est. Cost — Unrealized —

GEV GE VERNOVA INC 0.7%

Value $16.65M (+33.2%) Shares 14,175 (-1.0%) Est. Cost — Unrealized —

VRT VERTIV HOLDINGS CO 0.4%

Value $8.93M (+32.3%) Shares 26,670 (-1.0%) Est. Cost — Unrealized —

TE T1 ENERGY INC 1.1%

Value $27.79M (+6.8%) Shares 2,931,918 (-50.6%) Est. Cost — Unrealized —

COHR COHERENT CORP 4.4%

Value $109M (+1.5%) Shares 277,072 (-38.7%) Est. Cost — Unrealized —

PWR QUANTA SVCS INC 0.3%

Value $6.705M (+29.8%) Shares 9,312 (-1.0%) Est. Cost — Unrealized —

WRD WERIDE INC 0.0%

Value $771K (-28.8%) Shares 132,500 (-1.0%) Est. Cost — Unrealized —

PONY PONY AI INC 0.0%

Value $346K (-27.1%) Shares 49,853 (-1.0%) Est. Cost — Unrealized —

EH EHANG HLDGS LTD 0.0%

Value $222K (-33.2%) Shares 33,825 (-1.0%) Est. Cost — Unrealized —

HSAI HESAI GROUP 0.0%

Value $1.094M (-5.7%) Shares 60,050 (-1.0%) Est. Cost — Unrealized —

ARRY ARRAY TECHNOLOGIES INC 0.1%

Value $2.904M (+1.4%) Shares 391,887 (-1.0%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FE	FIRSTENERGY CORP	2,046,976 (-31.6%)	$97.31M (-35.8%)	3.9%	—	—	COM	337932107
MTZ	MASTEC INC	620,190 (-13.0%)	$258M (+12.5%)	10.3%	—	—	COM	576323109
ALB	ALBEMARLE CORP	137,253 (-38.3%)	$18.53M (-53.6%)	0.7%	—	—	COM	012653101
NEE	NEXTERA ENERGY INC	1,932,900 (-5.3%)	$170M (-10.5%)	6.8%	—	—	COM	65339F101
SEDG	SOLAREDGE TECHNOLOGIES INC	672,680 (-37.6%)	$39.31M (-28.6%)	1.6%	—	—	COM	83417M104
NRG	NRG ENERGY INC	357,635 (-12.1%)	$52.24M (-12.1%)	2.1%	—	—	COM NEW	629377508
ULS	UL SOLUTIONS INC	530,585 (-25.7%)	$54.05M (-11.7%)	2.2%	—	—	CLASS A COM SHS	903731107
GEV	GE VERNOVA INC	14,175 (-1.0%)	$16.65M (+33.2%)	0.7%	—	—	COM	36828A101
VRT	VERTIV HOLDINGS CO	26,670 (-1.0%)	$8.93M (+32.3%)	0.4%	—	—	COM CL A	92537N108
TE	T1 ENERGY INC	2,931,918 (-50.6%)	$27.79M (+6.8%)	1.1%	—	—	COM NEW	35834F104
COHR	COHERENT CORP	277,072 (-38.7%)	$109M (+1.5%)	4.4%	—	—	COM	19247G107
PWR	QUANTA SVCS INC	9,312 (-1.0%)	$6.705M (+29.8%)	0.3%	—	—	COM	74762E102
WRD	WERIDE INC	132,500 (-1.0%)	$771K (-28.8%)	0.0%	—	—	SPONSORED ADS	950915108
PONY	PONY AI INC	49,853 (-1.0%)	$346K (-27.1%)	0.0%	—	—	SPONSORED ADS	732908108
EH	EHANG HLDGS LTD	33,825 (-1.0%)	$222K (-33.2%)	0.0%	—	—	ADS	26853E102
HSAI	HESAI GROUP	60,050 (-1.0%)	$1.094M (-5.7%)	0.0%	—	—	SPONSORED ADS	428050108
ARRY	ARRAY TECHNOLOGIES INC	391,887 (-1.0%)	$2.904M (+1.4%)	0.1%	—	—	COM SHS	04271T100

Unchanged Positions (2)

OPAL OPAL FUELS INC 0.2%

Value $3.96M Shares 1,800,000 Est. Cost — Unrealized —

SES/WS SES AI CORPORATION 0.0%

Value $7,948 Shares 239,752 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
OPAL	OPAL FUELS INC	1,800,000	$3.96M	0.2%	—	—	CLASS A COM	68347P103
SES/WS	SES AI CORPORATION	239,752	$7,948	0.0%	—	—	*W EXP 12/10/202	78397Q117