Arosa Capital Management LP Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PWR	QUANTA SVCS INC	90,000	$37,985	4.8%	$403.51	+8.9%	CALL	74762E102
WULF	TERAWULF INC	2,710,000	$31,138	3.9%	$13.40	0.0%	CALL	88080T104
CORZ	CORE SCIENTIFIC INC NEW	1,850,000	$26,936	3.4%	—	—	CALL	21874A106
RUN	SUNRUN INC	1,300,000	$23,920	3.0%	—	—	CALL	86771W105
BE	BLOOM ENERGY CORP	240,000	$20,854	2.6%	$102.42	+2.6%	CALL	093712107
VICR	VICOR CORP	135,000	$14,796	1.9%	$85.01	0.0%	COM	925815102
GEV	GE VERNOVA INC	20,000	$13,071	1.6%	—	—	CALL	36828A101
NXT	NEXTPOWER INC	140,000	$12,195	1.5%	$90.67	0.0%	CALL	65290E101
ETN	EATON CORP PLC	30,000	$9,555	1.2%	$354.39	0.0%	PUT	G29183103
URA	GLOBAL X FDS	220,000	$9,401	1.2%	—	—	PUT	37954Y871
WGMI	VALKYRIE ETF TRUST II	200,000	$7,654	1.0%	—	—	PUT	91917A207
ENPH	ENPHASE ENERGY INC	200,000	$6,410	0.8%	$32.39	0.0%	CALL	29355A107
ETN	EATON CORP PLC	20,000	$6,370	0.8%	$354.39	0.0%	SHS	G29183103
GM	GENERAL MTRS CO	75,000	$6,099	0.8%	$70.40	0.0%	CALL	37045V100
VRT	VERTIV HOLDINGS CO	35,000	$5,670	0.7%	$173.58	0.0%	COM CL A	92537N108
HAL	HALLIBURTON CO	200,000	$5,652	0.7%	—	—	CALL	406216101
CLSK	CLEANSPARK INC	500,000	$5,060	0.6%	—	—	CALL	18452B209
SEDG	SOLAREDGE TECHNOLOGIES INC	150,000	$4,328	0.5%	$34.87	0.0%	CALL	83417M104
BEP	BROOKFIELD RENEWABLE PARTNER	155,000	$4,180	0.5%	$26.97	—	PARTNERSHIP UNIT	G16258108
E	ENI S P A	110,000	$4,173	0.5%	$37.94	—	SPONSORED ADR	26874R108
F	FORD MTR CO	300,000	$3,936	0.5%	$12.83	0.0%	COM	345370860
HUT	HUT 8 CORP	85,000	$3,905	0.5%	$44.08	0.0%	COM	44812J104
WULF	TERAWULF INC	292,870	$3,365	0.4%	$13.40	0.0%	COM	88080T104
EOSE	EOS ENERGY ENTERPRISES INC	292,113	$3,348	0.4%	$14.37	0.0%	COM CL A	29415C101
SEDG	SOLAREDGE TECHNOLOGIES INC	105,000	$3,029	0.4%	$34.87	0.0%	COM	83417M104
NVT	NVENT ELECTRIC PLC	27,722	$2,827	0.4%	$103.61	0.0%	SHS	G6700G107
GILT	GILAT SATELLITE NETWORKS LTD	200,000	$2,588	0.3%	$12.84	0.0%	SHS NEW	M51474118
MP	MP MATERIALS CORP	50,000	$2,526	0.3%	$63.41	0.0%	COM CL A	553368101
NRGV	ENERGY VAULT HOLDINGS INC	525,000	$2,420	0.3%	$3.82	0.0%	COM	29280W109
DJT	TRUMP MEDIA & TECHNOLOGY GRO	180,000	$2,383	0.3%	$13.64	0.0%	COM	25400Q105
TE	T1 ENERGY INC	300,000	$2,004	0.3%	—	—	CALL	35834F104
NXT	NEXTPOWER INC	21,608	$1,882	0.2%	$90.67	0.0%	CLASS A COM	65290E101
LGN	LEGENCE CORP	40,000	$1,722	0.2%	$39.53	0.0%	CL A	52476L109
PRIM	PRIMORIS SVCS CORP	12,000	$1,490	0.2%	$130.57	0.0%	COM	74164F103
POWI	POWER INTEGRATIONS INC	40,000	$1,422	0.2%	$37.75	0.0%	COM	739276103
TSSI	TSS INC DEL	200,000	$1,414	0.2%	$12.92	0.0%	COM	87288V101
AXTI	AXT INC	80,000	$1,308	0.2%	$9.66	0.0%	COM	00246W103
STRL	STERLING INFRASTRUCTURE INC	4,000	$1,225	0.2%	$344.54	0.0%	COM	859241101
GM	GENERAL MTRS CO	15,000	$1,220	0.2%	$70.40	0.0%	COM	37045V100
ASPI	ASP ISOTOPES INC	200,000	$1,070	0.1%	$7.95	0.0%	COM	00218A105
NB	NIOCORP DEVS LTD	200,000	$1,060	0.1%	$6.88	0.0%	COM NEW	654484609
GNRC	GENERAC HLDGS INC	7,500	$1,023	0.1%	$161.36	0.0%	COM	368736104
KULR	KULR TECHNOLOGY GROUP INC	300,000	$888	0.1%	$3.67	0.0%	COM	50125G307
BITF	BITFARMS LTD	375,000	$881	0.1%	$3.42	0.0%	COM	09173B107
LEU	CENTRUS ENERGY CORP	3,000	$728	0.1%	$301.96	0.0%	CL A	15643U104
OPTX	SYNTEC OPTICS HLDGS INC	250,000	$715	0.1%	$2.01	0.0%	CL A	87169M105
ENPH	ENPHASE ENERGY INC	20,152	$646	0.1%	$32.39	0.0%	COM	29355A107
AOSL	ALPHA & OMEGA SEMICONDUCTOR	30,000	$594	0.1%	$23.61	0.0%	SHS	G6331P104
IMSRW	TERRESTRIAL ENERGY INC	275,000	$583	0.1%	$2.12	—	*W EXP 10/28/203	881454110

Increased Positions (25)

QQQ INVESCO QQQ TR 8.5%

Value ($000) $67,574 (+462.8%) Shares 110,000 (+450.0%) Est. Cost — Unrealized —

FSLR FIRST SOLAR INC 6.6%

Value ($000) $52,246 (+93.4%) Shares 200,000 (+63.3%) Est. Cost $193.79 Unrealized +30.1%

VST VISTRA CORP 4.8%

Value ($000) $37,913 (+103.7%) Shares 235,000 (+147.4%) Est. Cost $148.13 Unrealized +22.8%

EOSE EOS ENERGY ENTERPRISES INC 2.4%

Value ($000) $18,909 (+315.0%) Shares 1,650,000 (+312.5%) Est. Cost $14.37 Unrealized 0.0%

ETN EATON CORP PLC 5.0%

Value ($000) $39,814 (+52.0%) Shares 125,000 (+78.6%) Est. Cost $354.39 Unrealized 0.0%

IREN IREN LIMITED 4.0%

Value ($000) $32,105 (+64.8%) Shares 850,000 (+104.8%) Est. Cost $47.28 Unrealized +9.1%

CIFR CIPHER MINING INC 4.1%

Value ($000) $32,472 (+43.3%) Shares 2,200,000 (+22.2%) Est. Cost $16.83 Unrealized +4.9%

EQT EQT CORP 1.3%

Value ($000) $10,720 (+556.5%) Shares 200,000 (+566.7%) Est. Cost $49.64 Unrealized +13.1%

ORA ORMAT TECHNOLOGIES INC 1.2%

Value ($000) $9,169 (+693.9%) Shares 83,000 (+591.7%) Est. Cost $106.53 Unrealized +2.6%

BE BLOOM ENERGY CORP 1.0%

Value ($000) $7,693 (+2174.0%) Shares 88,532 (+2113.3%) Est. Cost $102.42 Unrealized +2.6%

CIFR CIPHER MINING INC 0.7%

Value ($000) $5,863 (+1957.2%) Shares 397,207 (+1654.8%) Est. Cost $16.83 Unrealized +4.9%

APLD APPLIED DIGITAL CORP 0.6%

Value ($000) $4,904 (+1427.0%) Shares 200,000 (+1328.6%) Est. Cost $27.82 Unrealized +3.5%

WMB WILLIAMS COS INC 0.8%

Value ($000) $6,612 (+174.7%) Shares 110,000 (+189.5%) Est. Cost $58.80 Unrealized +2.2%

APLD APPLIED DIGITAL CORP 0.8%

Value ($000) $6,130 (+132.4%) Shares 250,000 (+117.4%) Est. Cost $27.82 Unrealized +3.5%

IREN IREN LIMITED 0.4%

Value ($000) $3,434 (+713.0%) Shares 90,912 (+910.1%) Est. Cost $47.28 Unrealized +9.1%

VRT VERTIV HOLDINGS CO 1.2%

Value ($000) $9,721 (+28.9%) Shares 60,000 (+20.0%) Est. Cost $173.58 Unrealized 0.0%

MTZ MASTEC INC 0.4%

Value ($000) $3,261 (+118.9%) Shares 15,000 (+114.3%) Est. Cost $174.89 Unrealized +20.0%

CCJ CAMECO CORP 0.6%

Value ($000) $4,577 (+43.6%) Shares 50,025 (+31.6%) Est. Cost $61.83 Unrealized +45.4%

TLN TALEN ENERGY CORP 5.2%

Value ($000) $41,232 (-3.1%) Shares 110,000 (+10.0%) Est. Cost $237.27 Unrealized +63.8%

ECG EVERUS CONSTR GROUP 0.4%

Value ($000) $3,422 (+59.6%) Shares 40,000 (+60.0%) Est. Cost $65.19 Unrealized +37.3%

PWR QUANTA SVCS INC 0.4%

Value ($000) $3,295 (+44.6%) Shares 7,808 (+42.0%) Est. Cost $403.51 Unrealized +8.9%

TGEN TECOGEN INC NEW 0.2%

Value ($000) $1,729 (-31.7%) Shares 350,000 (+21.7%) Est. Cost $7.93 Unrealized -5.3%

GWH ESS TECH INC 0.2%

Value ($000) $1,786 (+74.0%) Shares 950,000 (+40.7%) Est. Cost $2.08 Unrealized +52.9%

BWXT BWX TECHNOLOGIES INC 0.4%

Value ($000) $3,457 (+17.2%) Shares 20,000 (+25.0%) Est. Cost $144.80 Unrealized +29.4%

VNOM VIPER ENERGY INC 0.3%

Value ($000) $2,318 (+21.3%) Shares 60,000 (+20.0%) Est. Cost $38.06 Unrealized -0.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	110,000 (+450.0%)	$67,574 (+462.8%)	8.5%	—	—	PUT	46090E103
FSLR	FIRST SOLAR INC	200,000 (+63.3%)	$52,246 (+93.4%)	6.6%	$193.79	+30.1%	CALL	336433107
VST	VISTRA CORP	235,000 (+147.4%)	$37,913 (+103.7%)	4.8%	$148.13	+22.8%	CALL	92840M102
EOSE	EOS ENERGY ENTERPRISES INC	1,650,000 (+312.5%)	$18,909 (+315.0%)	2.4%	$14.37	0.0%	CALL	29415C101
ETN	EATON CORP PLC	125,000 (+78.6%)	$39,814 (+52.0%)	5.0%	$354.39	0.0%	CALL	G29183103
IREN	IREN LIMITED	850,000 (+104.8%)	$32,105 (+64.8%)	4.0%	$47.28	+9.1%	CALL	Q4982L109
CIFR	CIPHER MINING INC	2,200,000 (+22.2%)	$32,472 (+43.3%)	4.1%	$16.83	+4.9%	CALL	17253J106
EQT	EQT CORP	200,000 (+566.7%)	$10,720 (+556.5%)	1.3%	$49.64	+13.1%	CALL	26884L109
ORA	ORMAT TECHNOLOGIES INC	83,000 (+591.7%)	$9,169 (+693.9%)	1.2%	$106.53	+2.6%	COM	686688102
BE	BLOOM ENERGY CORP	88,532 (+2113.3%)	$7,693 (+2174.0%)	1.0%	$102.42	+2.6%	COM CL A	093712107
CIFR	CIPHER MINING INC	397,207 (+1654.8%)	$5,863 (+1957.2%)	0.7%	$16.83	+4.9%	COM	17253J106
APLD	APPLIED DIGITAL CORP	200,000 (+1328.6%)	$4,904 (+1427.0%)	0.6%	$27.82	+3.5%	COM NEW	038169207
WMB	WILLIAMS COS INC	110,000 (+189.5%)	$6,612 (+174.7%)	0.8%	$58.80	+2.2%	COM	969457100
APLD	APPLIED DIGITAL CORP	250,000 (+117.4%)	$6,130 (+132.4%)	0.8%	$27.82	+3.5%	CALL	038169207
IREN	IREN LIMITED	90,912 (+910.1%)	$3,434 (+713.0%)	0.4%	$47.28	+9.1%	ORDINARY SHARES	Q4982L109
VRT	VERTIV HOLDINGS CO	60,000 (+20.0%)	$9,721 (+28.9%)	1.2%	$173.58	0.0%	PUT	92537N108
MTZ	MASTEC INC	15,000 (+114.3%)	$3,261 (+118.9%)	0.4%	$174.89	+20.0%	COM	576323109
CCJ	CAMECO CORP	50,025 (+31.6%)	$4,577 (+43.6%)	0.6%	$61.83	+45.4%	COM	13321L108
TLN	TALEN ENERGY CORP	110,000 (+10.0%)	$41,232 (-3.1%)	5.2%	$237.27	+63.8%	CALL	87422Q109
ECG	EVERUS CONSTR GROUP	40,000 (+60.0%)	$3,422 (+59.6%)	0.4%	$65.19	+37.3%	COM	300426103
PWR	QUANTA SVCS INC	7,808 (+42.0%)	$3,295 (+44.6%)	0.4%	$403.51	+8.9%	COM	74762E102
TGEN	TECOGEN INC NEW	350,000 (+21.7%)	$1,729 (-31.7%)	0.2%	$7.93	-5.3%	COM NEW	87876P201
GWH	ESS TECH INC	950,000 (+40.7%)	$1,786 (+74.0%)	0.2%	$2.08	+52.9%	COM NEW	26916J205
BWXT	BWX TECHNOLOGIES INC	20,000 (+25.0%)	$3,457 (+17.2%)	0.4%	$144.80	+29.4%	COM	05605H100
VNOM	VIPER ENERGY INC	60,000 (+20.0%)	$2,318 (+21.3%)	0.3%	$38.06	-0.5%	CL A	64361Q101

Exited Positions (36)

SPY SPDR S&P 500 ETF TR 5.0%

Value ($000) $39,971 Shares 60,000 Est. Cost — Unrealized —

GEV GE VERNOVA INC 1.5%

Value ($000) $12,298 Shares 20,000 Est. Cost — Unrealized —

PWR QUANTA SVCS INC 1.3%

Value ($000) $10,361 Shares 25,000 Est. Cost $403.51 Unrealized +8.9%

RIOT RIOT PLATFORMS INC 1.2%

Value ($000) $9,515 Shares 500,000 Est. Cost $13.85 Unrealized +23.5%

NXPI NXP SEMICONDUCTORS N V 0.7%

Value ($000) $5,238 Shares 23,000 Est. Cost $193.82 Unrealized +10.2%

XLE SELECT SECTOR SPDR TR 0.6%

Value ($000) $4,467 Shares 50,000 Est. Cost — Unrealized —

FLNC FLUENCE ENERGY INC 0.5%

Value ($000) $4,320 Shares 400,000 Est. Cost — Unrealized —

EXE EXPAND ENERGY CORPORATION 0.5%

Value ($000) $3,718 Shares 35,000 Est. Cost — Unrealized —

ARRY ARRAY TECHNOLOGIES INC 0.4%

Value ($000) $3,260 Shares 400,000 Est. Cost $7.57 Unrealized +13.3%

IMSRW HCM II ACQUISITION CORP 0.3%

Value ($000) $2,700 Shares 450,000 Est. Cost $2.35 Unrealized —

OXY OCCIDENTAL PETE CORP 0.3%

Value ($000) $2,363 Shares 50,000 Est. Cost — Unrealized —

SLB SCHLUMBERGER LTD 0.3%

Value ($000) $2,062 Shares 60,000 Est. Cost $34.34 Unrealized +5.0%

HAL HALLIBURTON CO 0.2%

Value ($000) $1,968 Shares 80,000 Est. Cost — Unrealized —

VAL VALARIS LTD 0.2%

Value ($000) $1,951 Shares 40,000 Est. Cost — Unrealized —

WMB WILLIAMS COS INC 0.2%

Value ($000) $1,901 Shares 30,000 Est. Cost $58.80 Unrealized +2.2%

TLN TALEN ENERGY CORP 0.2%

Value ($000) $1,726 Shares 4,057 Est. Cost $237.27 Unrealized +63.8%

KMI KINDER MORGAN INC DEL 0.2%

Value ($000) $1,699 Shares 60,000 Est. Cost $26.97 Unrealized -0.2%

OKLO OKLO INC 0.2%

Value ($000) $1,674 Shares 15,000 Est. Cost — Unrealized —

CTRA COTERRA ENERGY INC 0.2%

Value ($000) $1,419 Shares 60,000 Est. Cost $23.81 Unrealized +5.4%

AN AUTONATION INC 0.2%

Value ($000) $1,313 Shares 6,000 Est. Cost $210.78 Unrealized -1.3%

GPI GROUP 1 AUTOMOTIVE INC 0.2%

Value ($000) $1,313 Shares 3,000 Est. Cost $397.28 Unrealized +3.3%

FCEL FUELCELL ENERGY INC 0.1%

Value ($000) $1,170 Shares 150,000 Est. Cost $5.44 Unrealized +50.4%

ARRY ARRAY TECHNOLOGIES INC 0.1%

Value ($000) $1,117 Shares 137,000 Est. Cost $7.57 Unrealized +13.3%

IMSR HCM II ACQUISITION CORP 0.1%

Value ($000) $1,067 Shares 65,000 Est. Cost $11.12 Unrealized +20.3%

— SPRING VALLEY ACQUISTN CORP 0.1%

Value ($000) $801 Shares 64,000 Est. Cost $12.51 Unrealized —

LBRT LIBERTY ENERGY INC 0.1%

Value ($000) $740 Shares 60,000 Est. Cost $11.56 Unrealized +44.5%

ON ON SEMICONDUCTOR CORP 0.1%

Value ($000) $740 Shares 15,000 Est. Cost $52.63 Unrealized -2.5%

NXE NEXGEN ENERGY LTD 0.1%

Value ($000) $716 Shares 80,000 Est. Cost $7.38 Unrealized +19.6%

MPC MARATHON PETE CORP 0.1%

Value ($000) $694 Shares 3,600 Est. Cost $145.16 Unrealized +28.4%

SVIWF SPRING VALLEY ACQUISTN CORP 0.1%

Value ($000) $650 Shares 500,000 Est. Cost $1.30 Unrealized —

ISOU ISOENERGY LTD 0.1%

Value ($000) $609 Shares 60,425 Est. Cost $6.60 Unrealized +36.7%

VLO VALERO ENERGY CORP 0.1%

Value ($000) $511 Shares 3,000 Est. Cost $147.81 Unrealized +14.2%

WWR WESTWATER RES INC 0.1%

Value ($000) $427 Shares 450,000 Est. Cost $0.75 Unrealized +65.1%

RIOT RIOT PLATFORMS INC 0.0%

Value ($000) $343 Shares 18,000 Est. Cost $13.85 Unrealized +23.5%

AGX ARGAN INC 0.0%

Value ($000) $338 Shares 1,250 Est. Cost $138.40 Unrealized +128.9%

VST VISTRA CORP 0.0%

Value ($000) $325 Shares 1,657 Est. Cost $148.13 Unrealized +22.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	60,000	$39,971	5.0%	—	—	PUT	78462F103
GEV	GE VERNOVA INC	20,000	$12,298	1.5%	—	—	PUT	36828A101
PWR	QUANTA SVCS INC	25,000	$10,361	1.3%	$403.51	+8.9%	PUT	74762E102
RIOT	RIOT PLATFORMS INC	500,000	$9,515	1.2%	$13.85	+23.5%	CALL	767292105
NXPI	NXP SEMICONDUCTORS N V	23,000	$5,238	0.7%	$193.82	+10.2%	—	N6596X109
XLE	SELECT SECTOR SPDR TR	50,000	$4,467	0.6%	—	—	CALL	81369Y506
FLNC	FLUENCE ENERGY INC	400,000	$4,320	0.5%	—	—	CALL	34379V103
EXE	EXPAND ENERGY CORPORATION	35,000	$3,718	0.5%	—	—	CALL	165167735
ARRY	ARRAY TECHNOLOGIES INC	400,000	$3,260	0.4%	$7.57	+13.3%	CALL	04271T100
IMSRW	HCM II ACQUISITION CORP	450,000	$2,700	0.3%	$2.35	—	—	G43658122
OXY	OCCIDENTAL PETE CORP	50,000	$2,363	0.3%	—	—	PUT	674599105
SLB	SCHLUMBERGER LTD	60,000	$2,062	0.3%	$34.34	+5.0%	—	806857108
HAL	HALLIBURTON CO	80,000	$1,968	0.2%	—	—	PUT	406216101
VAL	VALARIS LTD	40,000	$1,951	0.2%	—	—	PUT	G9460G101
WMB	WILLIAMS COS INC	30,000	$1,901	0.2%	$58.80	+2.2%	CALL	969457100
TLN	TALEN ENERGY CORP	4,057	$1,726	0.2%	$237.27	+63.8%	—	87422Q109
KMI	KINDER MORGAN INC DEL	60,000	$1,699	0.2%	$26.97	-0.2%	—	49456B101
OKLO	OKLO INC	15,000	$1,674	0.2%	—	—	PUT	02156V109
CTRA	COTERRA ENERGY INC	60,000	$1,419	0.2%	$23.81	+5.4%	—	127097103
AN	AUTONATION INC	6,000	$1,313	0.2%	$210.78	-1.3%	—	05329W102
GPI	GROUP 1 AUTOMOTIVE INC	3,000	$1,313	0.2%	$397.28	+3.3%	—	398905109
FCEL	FUELCELL ENERGY INC	150,000	$1,170	0.1%	$5.44	+50.4%	—	35952H700
ARRY	ARRAY TECHNOLOGIES INC	137,000	$1,117	0.1%	$7.57	+13.3%	—	04271T100
IMSR	HCM II ACQUISITION CORP	65,000	$1,067	0.1%	$11.12	+20.3%	—	G43658106
—	SPRING VALLEY ACQUISTN CORP	64,000	$801	0.1%	$12.51	—	—	G83752108
LBRT	LIBERTY ENERGY INC	60,000	$740	0.1%	$11.56	+44.5%	—	53115L104
ON	ON SEMICONDUCTOR CORP	15,000	$740	0.1%	$52.63	-2.5%	—	682189105
NXE	NEXGEN ENERGY LTD	80,000	$716	0.1%	$7.38	+19.6%	—	65340P106
MPC	MARATHON PETE CORP	3,600	$694	0.1%	$145.16	+28.4%	—	56585A102
SVIWF	SPRING VALLEY ACQUISTN CORP	500,000	$650	0.1%	$1.30	—	—	G83752116
ISOU	ISOENERGY LTD	60,425	$609	0.1%	$6.60	+36.7%	—	46500E867
VLO	VALERO ENERGY CORP	3,000	$511	0.1%	$147.81	+14.2%	—	91913Y100
WWR	WESTWATER RES INC	450,000	$427	0.1%	$0.75	+65.1%	—	961684206
RIOT	RIOT PLATFORMS INC	18,000	$343	0.0%	$13.85	+23.5%	—	767292105
AGX	ARGAN INC	1,250	$338	0.0%	$138.40	+128.9%	—	04010E109
VST	VISTRA CORP	1,657	$325	0.0%	$148.13	+22.8%	—	92840M102

Decreased Positions (7)

CCJ CAMECO CORP 3.7%

Value ($000) $29,734 (-57.0%) Shares 325,000 (-60.6%) Est. Cost $61.83 Unrealized +45.4%

RACE FERRARI N V 0.2%

Value ($000) $1,478 (-56.5%) Shares 4,000 (-42.9%) Est. Cost $432.98 Unrealized -7.6%

CEG CONSTELLATION ENERGY CORP 0.3%

Value ($000) $2,120 (-38.7%) Shares 6,000 (-42.9%) Est. Cost $266.62 Unrealized +36.2%

EQT EQT CORP 0.1%

Value ($000) $1,072 (-48.2%) Shares 20,000 (-47.4%) Est. Cost $49.64 Unrealized +13.1%

FSLR FIRST SOLAR INC 0.2%

Value ($000) $1,621 (-26.5%) Shares 6,206 (-37.9%) Est. Cost $193.79 Unrealized +30.1%

KN KNOWLES CORP 0.1%

Value ($000) $771 (-40.9%) Shares 36,000 (-35.7%) Est. Cost $20.48 Unrealized +11.3%

TRGP TARGA RES CORP 0.2%

Value ($000) $1,845 (-21.3%) Shares 10,000 (-28.6%) Est. Cost $168.90 Unrealized -0.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	325,000 (-60.6%)	$29,734 (-57.0%)	3.7%	$61.83	+45.4%	CALL	13321L108
RACE	FERRARI N V	4,000 (-42.9%)	$1,478 (-56.5%)	0.2%	$432.98	-7.6%	COM	N3167Y103
CEG	CONSTELLATION ENERGY CORP	6,000 (-42.9%)	$2,120 (-38.7%)	0.3%	$266.62	+36.2%	COM	21037T109
EQT	EQT CORP	20,000 (-47.4%)	$1,072 (-48.2%)	0.1%	$49.64	+13.1%	COM	26884L109
FSLR	FIRST SOLAR INC	6,206 (-37.9%)	$1,621 (-26.5%)	0.2%	$193.79	+30.1%	COM	336433107
KN	KNOWLES CORP	36,000 (-35.7%)	$771 (-40.9%)	0.1%	$20.48	+11.3%	COM	49926D109
TRGP	TARGA RES CORP	10,000 (-28.6%)	$1,845 (-21.3%)	0.2%	$168.90	-0.5%	COM	87612G101

Unchanged Positions (2)

XLI SELECT SECTOR SPDR TR 4.9%

Value ($000) $38,780 Shares 250,000 Est. Cost — Unrealized —

NPWR/WS NET POWER INC 0.0%

Value ($000) $53 Shares 106,249 Est. Cost $13.00 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XLI	SELECT SECTOR SPDR TR	250,000	$38,780	4.9%	—	—	PUT	81369Y704
NPWR/WS	NET POWER INC	106,249	$53	0.0%	$13.00	—	*W EXP 06/08/202	64107A113