Alight Capital Management LP Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SAP	SAP SE	45,000	$10,931	2.8%	$242.91	—	SPON ADR	803054204
VICR	VICOR CORP	90,000	$9,864	2.5%	$85.01	0.0%	COM	925815102
DE	DEERE & CO	20,000	$9,311	2.4%	$467.69	0.0%	COM	244199105
CRWV	COREWEAVE INC	100,000	$7,161	1.8%	$118.31	-14.3%	CALL	21873S108
CORZ	CORE SCIENTIFIC INC NEW	400,000	$5,824	1.5%	—	—	CALL	21874A106
NKE	NIKE INC	80,000	$5,097	1.3%	$64.91	0.0%	CL B	654106103
CRWD	CROWDSTRIKE HLDGS INC	10,000	$4,688	1.2%	$509.22	0.0%	CL A	22788C105
BKR	BAKER HUGHES COMPANY	100,000	$4,554	1.2%	$47.34	0.0%	CL A	05722G100
ON	ON SEMICONDUCTOR CORP	75,000	$4,061	1.0%	$51.30	0.0%	COM	682189105
TSLA	TESLA INC	9,000	$4,047	1.0%	$443.29	0.0%	COM	88160R101
SAIA	SAIA INC	12,000	$3,918	1.0%	$302.29	0.0%	COM	78709Y105
APLD	APPLIED DIGITAL CORP	150,000	$3,678	0.9%	$28.80	0.0%	COM NEW	038169207
CLSK	CLEANSPARK INC	350,000	$3,542	0.9%	$14.99	0.0%	COM NEW	18452B209
UPS	UNITED PARCEL SERVICE INC	20,000	$1,984	0.5%	$92.75	0.0%	CL B	911312106
WULF	TERAWULF INC	150,000	$1,724	0.4%	$8.91	+50.4%	CALL	88080T104
CRCL	CIRCLE INTERNET GROUP INC	20,000	$1,586	0.4%	—	—	CALL	172573107
BE	BLOOM ENERGY CORP	10,000	$869	0.2%	$105.07	0.0%	COM CL A	093712107
NOK	NOKIA CORP	100,000	$647	0.2%	$6.47	—	SPONSORED ADR	654902204
OPENW	OPENDOOR TECHNOLOGIES INC	50,000	$45	0.0%	$0.90	—	*W EXP 11/20/202	683712129

Increased Positions (18)

META META PLATFORMS INC 6.7%

Value ($000) $26,404 (+139.7%) Shares 40,000 (+166.7%) Est. Cost $604.77 Unrealized +10.3%

HUT HUT 8 CORP 3.5%

Value ($000) $13,782 (+295.9%) Shares 300,000 (+200.0%) Est. Cost $34.14 Unrealized +29.1%

TSM TAIWAN SEMICONDUCTOR MFG LTD 3.9%

Value ($000) $15,195 (+55.4%) Shares 50,000 (+42.9%) Est. Cost $207.09 Unrealized —

CRM SALESFORCE INC 3.4%

Value ($000) $13,113 (+58.1%) Shares 49,500 (+41.4%) Est. Cost $255.61 Unrealized -2.9%

LRCX LAM RESEARCH CORP 2.2%

Value ($000) $8,559 (+113.1%) Shares 50,000 (+66.7%) Est. Cost $125.46 Unrealized +23.8%

MDB MONGODB INC 2.1%

Value ($000) $8,394 (+50.2%) Shares 20,000 (+11.1%) Est. Cost $267.74 Unrealized +35.9%

NFLX NETFLIX INC 1.7%

Value ($000) $6,563 (-27.0%) Shares 70,000 (+833.3%) Est. Cost $104.07 Unrealized +3.6%

INTC INTEL CORP 1.9%

Value ($000) $7,380 (+46.6%) Shares 200,000 (+33.3%) Est. Cost $27.61 Unrealized +36.8%

AMZN AMAZON COM INC 5.9%

Value ($000) $23,082 (+10.7%) Shares 100,000 (+5.3%) Est. Cost $169.33 Unrealized +35.1%

SNOW SNOWFLAKE INC 2.0%

Value ($000) $7,678 (+36.2%) Shares 35,000 (+40.0%) Est. Cost $192.03 Unrealized +27.1%

WULF TERAWULF INC 0.9%

Value ($000) $3,677 (+114.6%) Shares 320,000 (+113.3%) Est. Cost $8.91 Unrealized +50.4%

RIOT RIOT PLATFORMS INC 1.9%

Value ($000) $7,602 (+33.2%) Shares 600,000 (+100.0%) Est. Cost $12.80 Unrealized +33.6%

NOW SERVICENOW INC 1.0%

Value ($000) $3,830 (-30.6%) Shares 25,000 (+316.7%) Est. Cost $169.60 Unrealized +1.1%

PFSI PENNYMAC FINL SVCS INC NEW 0.7%

Value ($000) $2,637 (+112.9%) Shares 20,000 (+100.0%) Est. Cost $117.15 Unrealized +8.3%

BITF BITFARMS LTD 0.5%

Value ($000) $1,880 (+66.7%) Shares 800,000 (+100.0%) Est. Cost $2.49 Unrealized +37.6%

MSFT MICROSOFT CORP 6.8%

Value ($000) $26,599 (+2.7%) Shares 55,000 (+10.0%) Est. Cost $352.49 Unrealized +42.0%

UWMC UWM HOLDINGS CORPORATION 0.9%

Value ($000) $3,504 (-11.5%) Shares 800,000 (+23.1%) Est. Cost $5.27 Unrealized +2.1%

RIOT RIOT PLATFORMS INC 0.5%

Value ($000) $1,901 (-0.1%) Shares 150,000 (+50.0%) Est. Cost $12.80 Unrealized +33.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
META	META PLATFORMS INC	40,000 (+166.7%)	$26,404 (+139.7%)	6.7%	$604.77	+10.3%	CL A	30303M102
HUT	HUT 8 CORP	300,000 (+200.0%)	$13,782 (+295.9%)	3.5%	$34.14	+29.1%	COM	44812J104
TSM	TAIWAN SEMICONDUCTOR MFG LTD	50,000 (+42.9%)	$15,195 (+55.4%)	3.9%	$207.09	—	SPONSORED ADS	874039100
CRM	SALESFORCE INC	49,500 (+41.4%)	$13,113 (+58.1%)	3.4%	$255.61	-2.9%	COM	79466L302
LRCX	LAM RESEARCH CORP	50,000 (+66.7%)	$8,559 (+113.1%)	2.2%	$125.46	+23.8%	COM NEW	512807306
MDB	MONGODB INC	20,000 (+11.1%)	$8,394 (+50.2%)	2.1%	$267.74	+35.9%	CL A	60937P106
NFLX	NETFLIX INC	70,000 (+833.3%)	$6,563 (-27.0%)	1.7%	$104.07	+3.6%	COM	64110L106
INTC	INTEL CORP	200,000 (+33.3%)	$7,380 (+46.6%)	1.9%	$27.61	+36.8%	COM	458140100
AMZN	AMAZON COM INC	100,000 (+5.3%)	$23,082 (+10.7%)	5.9%	$169.33	+35.1%	COM	023135106
SNOW	SNOWFLAKE INC	35,000 (+40.0%)	$7,678 (+36.2%)	2.0%	$192.03	+27.1%	COM SHS	833445109
WULF	TERAWULF INC	320,000 (+113.3%)	$3,677 (+114.6%)	0.9%	$8.91	+50.4%	COM	88080T104
RIOT	RIOT PLATFORMS INC	600,000 (+100.0%)	$7,602 (+33.2%)	1.9%	$12.80	+33.6%	COM	767292105
NOW	SERVICENOW INC	25,000 (+316.7%)	$3,830 (-30.6%)	1.0%	$169.60	+1.1%	COM	81762P102
PFSI	PENNYMAC FINL SVCS INC NEW	20,000 (+100.0%)	$2,637 (+112.9%)	0.7%	$117.15	+8.3%	COM	70932M107
BITF	BITFARMS LTD	800,000 (+100.0%)	$1,880 (+66.7%)	0.5%	$2.49	+37.6%	COM	09173B107
MSFT	MICROSOFT CORP	55,000 (+10.0%)	$26,599 (+2.7%)	6.8%	$352.49	+42.0%	COM	594918104
UWMC	UWM HOLDINGS CORPORATION	800,000 (+23.1%)	$3,504 (-11.5%)	0.9%	$5.27	+2.1%	COM CL A	91823B109
RIOT	RIOT PLATFORMS INC	150,000 (+50.0%)	$1,901 (-0.1%)	0.5%	$12.80	+33.6%	CALL	767292105

Exited Positions (19)

CRM SALESFORCE INC 6.1%

Value ($000) $23,700 Shares 100,000 Est. Cost $255.61 Unrealized -2.9%

AMD ADVANCED MICRO DEVICES INC 2.7%

Value ($000) $10,516 Shares 65,000 Est. Cost $122.06 Unrealized +84.0%

NOK NOKIA CORP 2.5%

Value ($000) $9,620 Shares 2,000,000 Est. Cost $6.47 Unrealized —

MRVL MARVELL TECHNOLOGY INC 2.1%

Value ($000) $8,407 Shares 100,000 Est. Cost $73.50 Unrealized +19.0%

TEAM ATLASSIAN CORPORATION 2.0%

Value ($000) $7,985 Shares 50,000 Est. Cost $189.12 Unrealized -17.0%

SHOP SHOPIFY INC 1.9%

Value ($000) $7,431 Shares 50,000 Est. Cost $135.57 Unrealized +18.4%

GOOGL ALPHABET INC 1.9%

Value ($000) $7,293 Shares 30,000 Est. Cost $190.42 Unrealized +50.0%

IWM ISHARES TR 1.9%

Value ($000) $7,259 Shares 30,000 Est. Cost $241.96 Unrealized —

DDOG DATADOG INC 1.6%

Value ($000) $6,408 Shares 45,000 Est. Cost $112.87 Unrealized +40.0%

VRT VERTIV HOLDINGS CO 1.3%

Value ($000) $5,280 Shares 35,000 Est. Cost $133.31 Unrealized +30.2%

NBIS NEBIUS GROUP N.V. 1.3%

Value ($000) $5,052 Shares 45,000 Est. Cost $34.43 Unrealized +201.0%

COF CAPITAL ONE FINL CORP 1.1%

Value ($000) $4,252 Shares 20,000 Est. Cost $185.05 Unrealized +20.1%

CRWV COREWEAVE INC 1.0%

Value ($000) $4,106 Shares 30,000 Est. Cost $118.31 Unrealized -14.3%

MCHP MICROCHIP TECHNOLOGY INC. 0.8%

Value ($000) $3,211 Shares 50,000 Est. Cost $59.66 Unrealized +2.8%

FDX FEDEX CORP 0.7%

Value ($000) $2,594 Shares 11,000 Est. Cost $215.22 Unrealized +21.5%

ANET ARISTA NETWORKS INC 0.5%

Value ($000) $1,894 Shares 13,000 Est. Cost $86.52 Unrealized +59.1%

MARA MARA HOLDINGS INC 0.5%

Value ($000) $1,826 Shares 100,000 Est. Cost $16.85 Unrealized -12.5%

LDI LOANDEPOT INC 0.4%

Value ($000) $1,382 Shares 450,000 Est. Cost $2.31 Unrealized +20.2%

APLD APPLIED DIGITAL CORP 0.3%

Value ($000) $1,147 Shares 50,000 Est. Cost $28.80 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CRM	SALESFORCE INC	100,000	$23,700	6.1%	$255.61	-2.9%	CALL	79466L302
AMD	ADVANCED MICRO DEVICES INC	65,000	$10,516	2.7%	$122.06	+84.0%	—	007903107
NOK	NOKIA CORP	2,000,000	$9,620	2.5%	$6.47	—	CALL	654902204
MRVL	MARVELL TECHNOLOGY INC	100,000	$8,407	2.1%	$73.50	+19.0%	—	573874104
TEAM	ATLASSIAN CORPORATION	50,000	$7,985	2.0%	$189.12	-17.0%	—	049468101
SHOP	SHOPIFY INC	50,000	$7,431	1.9%	$135.57	+18.4%	—	82509L107
GOOGL	ALPHABET INC	30,000	$7,293	1.9%	$190.42	+50.0%	CALL	02079K305
IWM	ISHARES TR	30,000	$7,259	1.9%	$241.96	—	—	464287655
DDOG	DATADOG INC	45,000	$6,408	1.6%	$112.87	+40.0%	—	23804L103
VRT	VERTIV HOLDINGS CO	35,000	$5,280	1.3%	$133.31	+30.2%	—	92537N108
NBIS	NEBIUS GROUP N.V.	45,000	$5,052	1.3%	$34.43	+201.0%	—	N97284108
COF	CAPITAL ONE FINL CORP	20,000	$4,252	1.1%	$185.05	+20.1%	—	14040H105
CRWV	COREWEAVE INC	30,000	$4,106	1.0%	$118.31	-14.3%	—	21873S108
MCHP	MICROCHIP TECHNOLOGY INC.	50,000	$3,211	0.8%	$59.66	+2.8%	—	595017104
FDX	FEDEX CORP	11,000	$2,594	0.7%	$215.22	+21.5%	—	31428X106
ANET	ARISTA NETWORKS INC	13,000	$1,894	0.5%	$86.52	+59.1%	—	040413205
MARA	MARA HOLDINGS INC	100,000	$1,826	0.5%	$16.85	-12.5%	—	565788106
LDI	LOANDEPOT INC	450,000	$1,382	0.4%	$2.31	+20.2%	—	53946R106
APLD	APPLIED DIGITAL CORP	50,000	$1,147	0.3%	$28.80	0.0%	CALL	038169207

Decreased Positions (22)

AAPL APPLE INC 1.7%

Value ($000) $6,797 (-73.3%) Shares 25,000 (-75.0%) Est. Cost $217.12 Unrealized +23.6%

AVGO BROADCOM INC 0.9%

Value ($000) $3,461 (-73.8%) Shares 10,000 (-75.0%) Est. Cost $267.42 Unrealized +33.5%

AMRZ AMRIZE LTD 0.7%

Value ($000) $2,704 (-72.1%) Shares 50,000 (-75.0%) Est. Cost $50.50 Unrealized +1.0%

ASML ASML HOLDING N V 1.6%

Value ($000) $6,419 (-49.0%) Shares 6,000 (-53.8%) Est. Cost $968.09 Unrealized —

NVDA NVIDIA CORPORATION 4.8%

Value ($000) $18,650 (-24.6%) Shares 100,000 (-24.5%) Est. Cost $116.14 Unrealized +60.3%

ESTC ELASTIC N V 1.1%

Value ($000) $4,225 (-58.3%) Shares 56,000 (-53.3%) Est. Cost $84.34 Unrealized -3.3%

GOOGL ALPHABET INC 2.4%

Value ($000) $9,390 (-29.8%) Shares 30,000 (-45.5%) Est. Cost $190.42 Unrealized +50.0%

IREN IREN LIMITED 0.9%

Value ($000) $3,399 (-48.3%) Shares 90,000 (-35.7%) Est. Cost $8.12 Unrealized +535.1%

WDC WESTERN DIGITAL CORP 0.4%

Value ($000) $1,723 (-64.1%) Shares 10,000 (-75.0%) Est. Cost $81.60 Unrealized +85.7%

URI UNITED RENTALS INC 1.7%

Value ($000) $6,475 (-32.2%) Shares 8,000 (-20.0%) Est. Cost $665.35 Unrealized +30.3%

ORCL ORACLE CORP 0.5%

Value ($000) $1,949 (-60.4%) Shares 10,000 (-42.9%) Est. Cost $152.77 Unrealized +55.8%

U UNITY SOFTWARE INC 0.6%

Value ($000) $2,209 (-55.9%) Shares 50,000 (-60.0%) Est. Cost $22.41 Unrealized +81.9%

KLAC KLA CORP 1.6%

Value ($000) $6,075 (-29.7%) Shares 5,000 (-37.6%) Est. Cost $930.36 Unrealized +26.0%

AMAT APPLIED MATLS INC 2.0%

Value ($000) $7,710 (-24.7%) Shares 30,000 (-40.0%) Est. Cost $180.78 Unrealized +32.5%

HUBS HUBSPOT INC 0.9%

Value ($000) $3,612 (-40.6%) Shares 9,000 (-30.8%) Est. Cost $569.93 Unrealized -27.3%

OPEN OPENDOOR TECHNOLOGIES INC 0.3%

Value ($000) $1,166 (-63.4%) Shares 200,000 (-50.0%) Est. Cost $4.19 Unrealized +74.2%

OKLO OKLO INC 0.1%

Value ($000) $359 (-84.3%) Shares 5,000 (-75.6%) Est. Cost $38.57 Unrealized +189.1%

FLEX FLEX LTD 1.0%

Value ($000) $3,927 (-32.3%) Shares 65,000 (-35.0%) Est. Cost $32.80 Unrealized +88.3%

GLW CORNING INC 0.7%

Value ($000) $2,627 (-36.0%) Shares 30,000 (-40.0%) Est. Cost $46.30 Unrealized +85.7%

CAT CATERPILLAR INC 1.5%

Value ($000) $5,729 (-20.0%) Shares 10,000 (-33.3%) Est. Cost $330.84 Unrealized +67.9%

HIVE HIVE DIGITAL TECHNOLOGIES LT 0.1%

Value ($000) $387 (-70.5%) Shares 150,000 (-53.8%) Est. Cost $2.69 Unrealized +56.9%

CIFR CIPHER MINING INC 1.1%

Value ($000) $4,428 (+9.9%) Shares 300,000 (-6.3%) Est. Cost $5.51 Unrealized +220.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	25,000 (-75.0%)	$6,797 (-73.3%)	1.7%	$217.12	+23.6%	COM	037833100
AVGO	BROADCOM INC	10,000 (-75.0%)	$3,461 (-73.8%)	0.9%	$267.42	+33.5%	COM	11135F101
AMRZ	AMRIZE LTD	50,000 (-75.0%)	$2,704 (-72.1%)	0.7%	$50.50	+1.0%	SHS	H2927K103
ASML	ASML HOLDING N V	6,000 (-53.8%)	$6,419 (-49.0%)	1.6%	$968.09	—	N Y REGISTRY SHS	N07059210
NVDA	NVIDIA CORPORATION	100,000 (-24.5%)	$18,650 (-24.6%)	4.8%	$116.14	+60.3%	COM	67066G104
ESTC	ELASTIC N V	56,000 (-53.3%)	$4,225 (-58.3%)	1.1%	$84.34	-3.3%	ORD SHS	N14506104
GOOGL	ALPHABET INC	30,000 (-45.5%)	$9,390 (-29.8%)	2.4%	$190.42	+50.0%	CAP STK CL A	02079K305
IREN	IREN LIMITED	90,000 (-35.7%)	$3,399 (-48.3%)	0.9%	$8.12	+535.1%	ORDINARY SHARES	Q4982L109
WDC	WESTERN DIGITAL CORP	10,000 (-75.0%)	$1,723 (-64.1%)	0.4%	$81.60	+85.7%	COM	958102105
URI	UNITED RENTALS INC	8,000 (-20.0%)	$6,475 (-32.2%)	1.7%	$665.35	+30.3%	COM	911363109
ORCL	ORACLE CORP	10,000 (-42.9%)	$1,949 (-60.4%)	0.5%	$152.77	+55.8%	COM	68389X105
U	UNITY SOFTWARE INC	50,000 (-60.0%)	$2,209 (-55.9%)	0.6%	$22.41	+81.9%	COM	91332U101
KLAC	KLA CORP	5,000 (-37.6%)	$6,075 (-29.7%)	1.6%	$930.36	+26.0%	COM NEW	482480100
AMAT	APPLIED MATLS INC	30,000 (-40.0%)	$7,710 (-24.7%)	2.0%	$180.78	+32.5%	COM	038222105
HUBS	HUBSPOT INC	9,000 (-30.8%)	$3,612 (-40.6%)	0.9%	$569.93	-27.3%	COM	443573100
OPEN	OPENDOOR TECHNOLOGIES INC	200,000 (-50.0%)	$1,166 (-63.4%)	0.3%	$4.19	+74.2%	COM	683712103
OKLO	OKLO INC	5,000 (-75.6%)	$359 (-84.3%)	0.1%	$38.57	+189.1%	COM CL A	02156V109
FLEX	FLEX LTD	65,000 (-35.0%)	$3,927 (-32.3%)	1.0%	$32.80	+88.3%	ORD	Y2573F102
GLW	CORNING INC	30,000 (-40.0%)	$2,627 (-36.0%)	0.7%	$46.30	+85.7%	COM	219350105
CAT	CATERPILLAR INC	10,000 (-33.3%)	$5,729 (-20.0%)	1.5%	$330.84	+67.9%	COM	149123101
HIVE	HIVE DIGITAL TECHNOLOGIES LT	150,000 (-53.8%)	$387 (-70.5%)	0.1%	$2.69	+56.9%	COM NEW	433921103
CIFR	CIPHER MINING INC	300,000 (-6.3%)	$4,428 (+9.9%)	1.1%	$5.51	+220.7%	COM	17253J106

Unchanged Positions (3)

CFLT CONFLUENT INC 1.5%

Value ($000) $6,048 Shares 200,000 Est. Cost $20.91 Unrealized +17.4%

CLS CELESTICA INC 0.8%

Value ($000) $2,956 Shares 10,000 Est. Cost $106.30 Unrealized +183.5%

RKT ROCKET COS INC 3.5%

Value ($000) $13,552 Shares 700,000 Est. Cost $11.88 Unrealized +50.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CFLT	CONFLUENT INC	200,000	$6,048	1.5%	$20.91	+17.4%	CLASS A COM	20717M103
CLS	CELESTICA INC	10,000	$2,956	0.8%	$106.30	+183.5%	COM	15101Q207
RKT	ROCKET COS INC	700,000	$13,552	3.5%	$11.88	+50.5%	COM CL A	77311W101