Intrinsic Edge Capital Management LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HUT	HUT 8 CORP	300,000	$13,782	2.5%	$17.02	+159.0%	PUT	44812J104
AZZ	AZZ INC	104,500	$11,200	2.0%	$103.44	0.0%	COM	002474104
LENZ	LENZ THERAPEUTICS INC	569,705	$9,115	1.6%	$29.15	0.0%	COM	52635N103
CTRI	CENTURI HOLDINGS INC	327,605	$8,272	1.5%	$22.36	0.0%	COM SHS	155923105
WT	WISDOMTREE INC	580,000	$7,070	1.3%	$12.08	0.0%	COM	97717P104
CEG	CONSTELLATION ENERGY CORP	20,000	$7,065	1.3%	$363.20	0.0%	COM	21037T109
KNF	KNIFE RIVER CORP	100,000	$7,035	1.3%	$70.23	0.0%	COMMON STOCK	498894104
SFIX	STITCH FIX INC	1,283,677	$6,739	1.2%	$4.56	0.0%	COM CL A	860897107
RSI	RUSH STREET INTERACTIVE INC	343,631	$6,677	1.2%	$18.48	0.0%	COM	782011100
MOD	MODINE MFG CO	50,000	$6,676	1.2%	$148.95	0.0%	COM	607828100
BITW	BITWISE 10 CRYPTO INDEX ETF	105,432	$6,195	1.1%	$58.76	—	UNIT BENEFICIAL	091749101
CWST	CASELLA WASTE SYS INC	60,000	$5,876	1.0%	$92.83	0.0%	CL A	147448104
MTZ	MASTEC INC	20,000	$4,347	0.8%	$93.15	+125.3%	PUT	576323109
IREN	IREN LIMITED	100,000	$3,777	0.7%	$8.12	+535.1%	PUT	Q4982L109
FISV	FISERV INC	50,400	$3,385	0.6%	$83.87	0.0%	COM	337738108
CRL	CHARLES RIV LABS INTL INC	10,000	$1,995	0.4%	$181.39	0.0%	COM	159864107
GLOB	GLOBANT S A	30,000	$1,961	0.3%	$62.86	0.0%	COM	L44385109
CORT	CORCEPT THERAPEUTICS INC	50,000	$1,740	0.3%	$43.39	+81.0%	CALL	218352102
SKYW	SKYWEST INC	15,000	$1,506	0.3%	$100.13	0.0%	COM	830879102
CUBI	CUSTOMERS BANCORP INC	20,000	$1,462	0.3%	$68.59	0.0%	COM	23204G100
FIGR	FIGURE TECHNOLOGY SOLUTIO	30,000	$1,225	0.2%	$40.00	0.0%	COM CL A	349381103
MSOS	ADVISORSHARES TR	250,000	$1,180	0.2%	$4.79	—	CALL	00768Y453
CYRX	CRYOPORT INC	100,000	$960	0.2%	$9.45	0.0%	COM PAR $0.001	229050307
LEU	CENTRUS ENERGY CORP	3,500	$850	0.2%	$301.96	0.0%	CL A	15643U104
OSUR	ORASURE TECHNOLOGIES INC	349,064	$845	0.2%	$2.63	0.0%	COM	68554V108
NOA	NORTH AMERN CONSTR GROUP LTD	50,000	$719	0.1%	$14.23	0.0%	COM	656811106
COIN	COINBASE GLOBAL INC	2,000	$452	0.1%	$324.72	-8.2%	PUT	19260Q107
CRC	CALIFORNIA RES CORP	10,000	$447	0.1%	$47.17	0.0%	COM STOCK	13057Q305
SLNH	SOLUNA HOLDINGS INC	270,000	$316	0.1%	$2.28	0.0%	COM NEW	583543301
FRMI	FERMI INC	30,000	$240	0.0%	—	—	CALL	314911108

Increased Positions (17)

MNRO MONRO INC 2.2%

Value ($000) $12,124 (+229.1%) Shares 605,000 (+195.1%) Est. Cost $17.73 Unrealized +3.8%

MSM MSC INDL DIRECT INC 2.1%

Value ($000) $11,774 (+219.5%) Shares 140,000 (+250.0%) Est. Cost $84.48 Unrealized +2.6%

CRCL CIRCLE INTERNET GROUP INC 1.9%

Value ($000) $10,745 (+217.8%) Shares 135,500 (+431.4%) Est. Cost $113.68 Unrealized -9.1%

VMC VULCAN MATLS CO 2.0%

Value ($000) $11,409 (+147.2%) Shares 40,000 (+166.7%) Est. Cost $289.43 Unrealized +1.3%

THR THERMON GROUP HLDGS INC 1.5%

Value ($000) $8,547 (+166.6%) Shares 230,000 (+91.7%) Est. Cost $29.72 Unrealized +10.4%

CORT CORCEPT THERAPEUTICS INC 0.9%

Value ($000) $4,801 (-48.4%) Shares 137,947 (+23.2%) Est. Cost $43.39 Unrealized +81.0%

ODFL OLD DOMINION FREIGHT LINE IN 1.7%

Value ($000) $9,426 (+66.9%) Shares 60,112 (+49.9%) Est. Cost $168.93 Unrealized -15.2%

CACI CACI INTL INC 1.1%

Value ($000) $6,011 (+91.9%) Shares 11,281 (+79.6%) Est. Cost $497.12 Unrealized +13.7%

MCHP MICROCHIP TECHNOLOGY INC. 1.0%

Value ($000) $5,862 (+60.1%) Shares 92,000 (+61.4%) Est. Cost $56.73 Unrealized +8.2%

CTOS CUSTOM TRUCK ONE SOURCE INC 0.8%

Value ($000) $4,491 (+75.0%) Shares 779,622 (+95.1%) Est. Cost $5.95 Unrealized +2.7%

ATGE ADTALEM GLOBAL ED INC 1.8%

Value ($000) $9,921 (-12.8%) Shares 95,880 (+30.2%) Est. Cost $84.80 Unrealized +35.0%

GVA GRANITE CONSTR INC 1.0%

Value ($000) $5,777 (+31.4%) Shares 50,081 (+24.9%) Est. Cost $88.89 Unrealized +20.9%

BLBD BLUE BIRD CORP 1.7%

Value ($000) $9,317 (+16.2%) Shares 198,227 (+42.3%) Est. Cost $43.30 Unrealized +20.7%

CVCO CAVCO INDS INC DEL 1.2%

Value ($000) $6,498 (+11.9%) Shares 11,000 (+10.0%) Est. Cost $496.06 Unrealized +14.2%

DBRG DIGITALBRIDGE GROUP INC 0.2%

Value ($000) $997 (+113.1%) Shares 65,000 (+62.5%) Est. Cost $11.48 Unrealized +4.6%

CLSK CLEANSPARK INC 0.2%

Value ($000) $1,262 (-24.1%) Shares 124,735 (+8.7%) Est. Cost $9.58 Unrealized +56.4%

IRM IRON MTN INC DEL 2.7%

Value ($000) $14,887 (-2.2%) Shares 179,473 (+20.2%) Est. Cost $92.08 Unrealized +0.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MNRO	MONRO INC	605,000 (+195.1%)	$12,124 (+229.1%)	2.2%	$17.73	+3.8%	COM	610236101
MSM	MSC INDL DIRECT INC	140,000 (+250.0%)	$11,774 (+219.5%)	2.1%	$84.48	+2.6%	CL A	553530106
CRCL	CIRCLE INTERNET GROUP INC	135,500 (+431.4%)	$10,745 (+217.8%)	1.9%	$113.68	-9.1%	COM CL A	172573107
VMC	VULCAN MATLS CO	40,000 (+166.7%)	$11,409 (+147.2%)	2.0%	$289.43	+1.3%	COM	929160109
THR	THERMON GROUP HLDGS INC	230,000 (+91.7%)	$8,547 (+166.6%)	1.5%	$29.72	+10.4%	COM	88362T103
CORT	CORCEPT THERAPEUTICS INC	137,947 (+23.2%)	$4,801 (-48.4%)	0.9%	$43.39	+81.0%	COM	218352102
ODFL	OLD DOMINION FREIGHT LINE IN	60,112 (+49.9%)	$9,426 (+66.9%)	1.7%	$168.93	-15.2%	COM	679580100
CACI	CACI INTL INC	11,281 (+79.6%)	$6,011 (+91.9%)	1.1%	$497.12	+13.7%	CL A	127190304
MCHP	MICROCHIP TECHNOLOGY INC.	92,000 (+61.4%)	$5,862 (+60.1%)	1.0%	$56.73	+8.2%	COM	595017104
CTOS	CUSTOM TRUCK ONE SOURCE INC	779,622 (+95.1%)	$4,491 (+75.0%)	0.8%	$5.95	+2.7%	COM CL A	23204X103
ATGE	ADTALEM GLOBAL ED INC	95,880 (+30.2%)	$9,921 (-12.8%)	1.8%	$84.80	+35.0%	COM	00737L103
GVA	GRANITE CONSTR INC	50,081 (+24.9%)	$5,777 (+31.4%)	1.0%	$88.89	+20.9%	COM	387328107
BLBD	BLUE BIRD CORP	198,227 (+42.3%)	$9,317 (+16.2%)	1.7%	$43.30	+20.7%	COM	095306106
CVCO	CAVCO INDS INC DEL	11,000 (+10.0%)	$6,498 (+11.9%)	1.2%	$496.06	+14.2%	COM	149568107
DBRG	DIGITALBRIDGE GROUP INC	65,000 (+62.5%)	$997 (+113.1%)	0.2%	$11.48	+4.6%	CL A NEW	25401T603
CLSK	CLEANSPARK INC	124,735 (+8.7%)	$1,262 (-24.1%)	0.2%	$9.58	+56.4%	COM NEW	18452B209
IRM	IRON MTN INC DEL	179,473 (+20.2%)	$14,887 (-2.2%)	2.7%	$92.08	+0.8%	COM	46284V101

Exited Positions (43)

POWL POWELL INDS INC 3.6%

Value ($000) $19,996 Shares 65,600 Est. Cost $253.93 Unrealized +32.5%

CSGP COSTAR GROUP INC 3.4%

Value ($000) $18,924 Shares 224,297 Est. Cost $77.90 Unrealized -9.1%

IREN IREN LIMITED 1.9%

Value ($000) $10,794 Shares 230,000 Est. Cost $8.12 Unrealized +535.1%

AIR AAR CORP 1.9%

Value ($000) $10,669 Shares 118,986 Est. Cost $64.90 Unrealized +27.5%

LDOS LEIDOS HOLDINGS INC 1.7%

Value ($000) $9,652 Shares 51,077 Est. Cost $146.85 Unrealized +28.8%

SVV SAVERS VALUE VLG INC 1.7%

Value ($000) $9,407 Shares 709,987 Est. Cost $11.50 Unrealized -10.6%

GLW CORNING INC 1.5%

Value ($000) $8,203 Shares 100,000 Est. Cost $46.30 Unrealized +85.7%

SFD SMITHFIELD FOODS INC 1.3%

Value ($000) $7,137 Shares 303,961 Est. Cost $24.05 Unrealized -9.0%

GTM ZOOMINFO TECHNOLOGIES INC 1.1%

Value ($000) $6,000 Shares 549,964 Est. Cost $10.72 Unrealized -4.0%

EZPW EZCORP INC 1.1%

Value ($000) $5,896 Shares 309,689 Est. Cost $14.45 Unrealized +30.4%

FBIN FORTUNE BRANDS INNOVATIONS I 1.0%

Value ($000) $5,873 Shares 110,000 Est. Cost $55.69 Unrealized -10.6%

EXP EAGLE MATLS INC 1.0%

Value ($000) $5,826 Shares 25,000 Est. Cost $226.24 Unrealized -2.5%

CVLT COMMVAULT SYS INC 1.0%

Value ($000) $5,663 Shares 30,000 Est. Cost $173.63 Unrealized -19.0%

ARM ARM HOLDINGS PLC 1.0%

Value ($000) $5,660 Shares 40,000 Est. Cost $161.74 Unrealized —

FIVN FIVE9 INC 1.0%

Value ($000) $5,451 Shares 225,231 Est. Cost $26.44 Unrealized -19.7%

LEVI LEVI STRAUSS & CO NEW 0.9%

Value ($000) $5,315 Shares 228,100 Est. Cost $16.28 Unrealized +31.4%

WGMI VALKYRIE ETF TRUST II 0.9%

Value ($000) $5,309 Shares 120,000 Est. Cost — Unrealized —

LRN STRIDE INC 0.9%

Value ($000) $5,213 Shares 35,000 Est. Cost $146.61 Unrealized -38.1%

COIN COINBASE GLOBAL INC 0.9%

Value ($000) $5,001 Shares 14,818 Est. Cost $324.72 Unrealized -8.2%

BLKB BLACKBAUD INC 0.8%

Value ($000) $4,739 Shares 73,692 Est. Cost $62.52 Unrealized -1.1%

ZETA ZETA GLOBAL HOLDINGS CORP 0.8%

Value ($000) $4,310 Shares 216,887 Est. Cost $23.33 Unrealized -19.9%

CRTO CRITEO S A 0.7%

Value ($000) $4,030 Shares 178,328 Est. Cost $23.96 Unrealized —

OLLI OLLIES BARGAIN OUTLET HLDGS 0.7%

Value ($000) $3,852 Shares 30,000 Est. Cost $132.75 Unrealized -9.2%

EEFT EURONET WORLDWIDE INC 0.6%

Value ($000) $3,512 Shares 40,000 Est. Cost $95.87 Unrealized -18.7%

CNM CORE & MAIN INC 0.6%

Value ($000) $3,230 Shares 60,000 Est. Cost $60.57 Unrealized -15.3%

CARS CARS COM INC 0.6%

Value ($000) $3,223 Shares 263,748 Est. Cost $11.01 Unrealized +5.6%

UAMY UNITED STATES ANTIMONY CORP 0.6%

Value ($000) $3,100 Shares 500,058 Est. Cost $4.18 Unrealized +87.9%

ICLN ISHARES TR 0.6%

Value ($000) $3,096 Shares 200,000 Est. Cost $15.48 Unrealized —

STKL SUNOPTA INC 0.5%

Value ($000) $3,005 Shares 512,843 Est. Cost $6.33 Unrealized -28.3%

HSY HERSHEY CO 0.5%

Value ($000) $2,806 Shares 15,000 Est. Cost $179.65 Unrealized +1.4%

PRIM PRIMORIS SVCS CORP 0.5%

Value ($000) $2,747 Shares 20,000 Est. Cost $59.15 Unrealized +120.8%

HRI HERC HLDGS INC 0.4%

Value ($000) $2,333 Shares 20,000 Est. Cost $127.39 Unrealized +6.7%

QNST QUINSTREET INC 0.4%

Value ($000) $2,321 Shares 150,000 Est. Cost $15.88 Unrealized -9.1%

EVER EVERQUOTE INC 0.3%

Value ($000) $1,830 Shares 80,000 Est. Cost $24.16 Unrealized +0.3%

HLF HERBALIFE LTD 0.3%

Value ($000) $1,688 Shares 200,000 Est. Cost $9.43 Unrealized +12.3%

HLMN HILLMAN SOLUTIONS CORP 0.2%

Value ($000) $1,098 Shares 119,600 Est. Cost $9.03 Unrealized -0.2%

DEFT DEFI TECHNOLOGIES INC 0.1%

Value ($000) $696 Shares 330,000 Est. Cost $2.98 Unrealized -48.7%

CWH CAMPING WORLD HLDGS INC 0.1%

Value ($000) $641 Shares 40,576 Est. Cost $21.69 Unrealized -43.5%

GDEN GOLDEN ENTMT INC 0.1%

Value ($000) $603 Shares 25,572 Est. Cost $26.11 Unrealized -1.6%

HLLY HOLLEY INC 0.1%

Value ($000) $567 Shares 180,594 Est. Cost $2.98 Unrealized +20.9%

BULL WEBULL CORP 0.1%

Value ($000) $444 Shares 30,000 Est. Cost $14.26 Unrealized -29.5%

SSSS SURO CAPITAL CORP 0.1%

Value ($000) $360 Shares 40,000 Est. Cost $7.33 Unrealized +28.4%

ETH GRAYSCALE ETHEREUM MINI TR E 0.0%

Value ($000) $235 Shares 6,000 Est. Cost $39.18 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
POWL	POWELL INDS INC	65,600	$19,996	3.6%	$253.93	+32.5%	—	739128106
CSGP	COSTAR GROUP INC	224,297	$18,924	3.4%	$77.90	-9.1%	—	22160N109
IREN	IREN LIMITED	230,000	$10,794	1.9%	$8.12	+535.1%	—	Q4982L109
AIR	AAR CORP	118,986	$10,669	1.9%	$64.90	+27.5%	—	000361105
LDOS	LEIDOS HOLDINGS INC	51,077	$9,652	1.7%	$146.85	+28.8%	—	525327102
SVV	SAVERS VALUE VLG INC	709,987	$9,407	1.7%	$11.50	-10.6%	—	80517M109
GLW	CORNING INC	100,000	$8,203	1.5%	$46.30	+85.7%	PUT	219350105
SFD	SMITHFIELD FOODS INC	303,961	$7,137	1.3%	$24.05	-9.0%	—	832248207
GTM	ZOOMINFO TECHNOLOGIES INC	549,964	$6,000	1.1%	$10.72	-4.0%	—	98980F104
EZPW	EZCORP INC	309,689	$5,896	1.1%	$14.45	+30.4%	—	302301106
FBIN	FORTUNE BRANDS INNOVATIONS I	110,000	$5,873	1.0%	$55.69	-10.6%	—	34964C106
EXP	EAGLE MATLS INC	25,000	$5,826	1.0%	$226.24	-2.5%	—	26969P108
CVLT	COMMVAULT SYS INC	30,000	$5,663	1.0%	$173.63	-19.0%	—	204166102
ARM	ARM HOLDINGS PLC	40,000	$5,660	1.0%	$161.74	—	—	042068205
FIVN	FIVE9 INC	225,231	$5,451	1.0%	$26.44	-19.7%	—	338307101
LEVI	LEVI STRAUSS & CO NEW	228,100	$5,315	0.9%	$16.28	+31.4%	PUT	52736R102
WGMI	VALKYRIE ETF TRUST II	120,000	$5,309	0.9%	—	—	PUT	91917A207
LRN	STRIDE INC	35,000	$5,213	0.9%	$146.61	-38.1%	—	86333M108
COIN	COINBASE GLOBAL INC	14,818	$5,001	0.9%	$324.72	-8.2%	—	19260Q107
BLKB	BLACKBAUD INC	73,692	$4,739	0.8%	$62.52	-1.1%	—	09227Q100
ZETA	ZETA GLOBAL HOLDINGS CORP	216,887	$4,310	0.8%	$23.33	-19.9%	—	98956A105
CRTO	CRITEO S A	178,328	$4,030	0.7%	$23.96	—	—	226718104
OLLI	OLLIES BARGAIN OUTLET HLDGS	30,000	$3,852	0.7%	$132.75	-9.2%	—	681116109
EEFT	EURONET WORLDWIDE INC	40,000	$3,512	0.6%	$95.87	-18.7%	—	298736109
CNM	CORE & MAIN INC	60,000	$3,230	0.6%	$60.57	-15.3%	—	21874C102
CARS	CARS COM INC	263,748	$3,223	0.6%	$11.01	+5.6%	—	14575E105
UAMY	UNITED STATES ANTIMONY CORP	500,058	$3,100	0.6%	$4.18	+87.9%	—	911549103
ICLN	ISHARES TR	200,000	$3,096	0.6%	$15.48	—	—	464288224
STKL	SUNOPTA INC	512,843	$3,005	0.5%	$6.33	-28.3%	—	8676EP108
HSY	HERSHEY CO	15,000	$2,806	0.5%	$179.65	+1.4%	—	427866108
PRIM	PRIMORIS SVCS CORP	20,000	$2,747	0.5%	$59.15	+120.8%	PUT	74164F103
HRI	HERC HLDGS INC	20,000	$2,333	0.4%	$127.39	+6.7%	—	42704L104
QNST	QUINSTREET INC	150,000	$2,321	0.4%	$15.88	-9.1%	—	74874Q100
EVER	EVERQUOTE INC	80,000	$1,830	0.3%	$24.16	+0.3%	—	30041R108
HLF	HERBALIFE LTD	200,000	$1,688	0.3%	$9.43	+12.3%	—	G4412G101
HLMN	HILLMAN SOLUTIONS CORP	119,600	$1,098	0.2%	$9.03	-0.2%	—	431636109
DEFT	DEFI TECHNOLOGIES INC	330,000	$696	0.1%	$2.98	-48.7%	—	244916102
CWH	CAMPING WORLD HLDGS INC	40,576	$641	0.1%	$21.69	-43.5%	—	13462K109
GDEN	GOLDEN ENTMT INC	25,572	$603	0.1%	$26.11	-1.6%	—	381013101
HLLY	HOLLEY INC	180,594	$567	0.1%	$2.98	+20.9%	—	43538H103
BULL	WEBULL CORP	30,000	$444	0.1%	$14.26	-29.5%	—	G9572D103
SSSS	SURO CAPITAL CORP	40,000	$360	0.1%	$7.33	+28.4%	—	86887Q109
ETH	GRAYSCALE ETHEREUM MINI TR E	6,000	$235	0.0%	$39.18	—	—	38964R203

Decreased Positions (25)

CLS CELESTICA INC 3.4%

Value ($000) $19,164 (-39.2%) Shares 64,828 (-49.3%) Est. Cost $75.85 Unrealized +297.3%

HOOD ROBINHOOD MKTS INC 1.5%

Value ($000) $8,623 (-54.1%) Shares 76,240 (-41.9%) Est. Cost $23.30 Unrealized +458.2%

CLS CELESTICA INC 2.6%

Value ($000) $14,781 (-40.0%) Shares 50,000 (-50.0%) Est. Cost $75.85 Unrealized +297.3%

WLY WILEY JOHN & SONS INC 1.5%

Value ($000) $8,684 (-51.8%) Shares 283,517 (-36.4%) Est. Cost $40.73 Unrealized -14.5%

ATEC ALPHATEC HLDGS INC 1.9%

Value ($000) $10,506 (-44.0%) Shares 499,328 (-61.3%) Est. Cost $9.29 Unrealized +99.2%

ATEC ALPHATEC HLDGS INC 0.9%

Value ($000) $5,260 (-58.9%) Shares 250,000 (-71.6%) Est. Cost $9.29 Unrealized +99.2%

GLXY GALAXY DIGITAL INC. 0.1%

Value ($000) $734 (-91.1%) Shares 32,848 (-86.5%) Est. Cost $20.30 Unrealized +52.6%

GLW CORNING INC 2.3%

Value ($000) $12,794 (-36.6%) Shares 146,122 (-40.6%) Est. Cost $46.30 Unrealized +85.7%

OSIS OSI SYSTEMS INC 1.4%

Value ($000) $7,947 (-47.2%) Shares 31,158 (-48.4%) Est. Cost $168.57 Unrealized +54.9%

HURN HURON CONSULTING GROUP INC 1.5%

Value ($000) $8,607 (-43.9%) Shares 49,777 (-52.4%) Est. Cost $140.67 Unrealized +16.4%

LEVI LEVI STRAUSS & CO NEW 1.7%

Value ($000) $9,333 (-37.4%) Shares 450,000 (-29.7%) Est. Cost $16.28 Unrealized +31.4%

PRDO PERDOCEO ED CORP 0.8%

Value ($000) $4,693 (-52.8%) Shares 160,000 (-39.3%) Est. Cost $29.65 Unrealized +6.2%

CEVA CEVA INC 0.7%

Value ($000) $3,670 (-57.9%) Shares 170,533 (-48.3%) Est. Cost $22.58 Unrealized +8.7%

SGHC SUPER GROUP SGHC LIMITED 0.1%

Value ($000) $359 (-92.8%) Shares 30,000 (-92.1%) Est. Cost $11.77 Unrealized +2.1%

PRIM PRIMORIS SVCS CORP 1.6%

Value ($000) $8,780 (-29.6%) Shares 70,723 (-22.2%) Est. Cost $59.15 Unrealized +120.8%

GXO GXO LOGISTICS INCORPORATED 1.5%

Value ($000) $8,607 (-23.8%) Shares 163,512 (-23.4%) Est. Cost $41.66 Unrealized +26.1%

CORZ CORE SCIENTIFIC INC NEW 1.2%

Value ($000) $6,496 (-27.0%) Shares 446,176 (-10.1%) Est. Cost $4.88 Unrealized +257.1%

HUT HUT 8 CORP 2.9%

Value ($000) $16,079 (+15.5%) Shares 350,000 (-12.5%) Est. Cost $17.02 Unrealized +159.0%

AVGO BROADCOM INC 0.9%

Value ($000) $5,192 (-21.3%) Shares 15,000 (-25.0%) Est. Cost $215.92 Unrealized +65.3%

TWI TITAN INTL INC ILL 0.3%

Value ($000) $1,873 (-36.6%) Shares 239,209 (-38.7%) Est. Cost $7.65 Unrealized +2.4%

MSOS ADVISORSHARES TR 1.0%

Value ($000) $5,758 (-14.1%) Shares 1,220,000 (-12.9%) Est. Cost $4.79 Unrealized —

OPLN OPENLANE INC 2.4%

Value ($000) $13,307 (-6.6%) Shares 446,831 (-9.7%) Est. Cost $26.26 Unrealized +3.0%

LPX LOUISIANA PAC CORP 0.7%

Value ($000) $4,038 (-12.1%) Shares 50,000 (-3.3%) Est. Cost $97.20 Unrealized -13.1%

MIAX MIAMI INTL HLDGS INC 2.6%

Value ($000) $14,313 (+2.0%) Shares 322,519 (-7.4%) Est. Cost $36.58 Unrealized +21.9%

PEGA PEGASYSTEMS INC 1.9%

Value ($000) $10,750 (-1.7%) Shares 180,000 (-5.4%) Est. Cost $55.10 Unrealized +6.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CLS	CELESTICA INC	64,828 (-49.3%)	$19,164 (-39.2%)	3.4%	$75.85	+297.3%	COM	15101Q207
HOOD	ROBINHOOD MKTS INC	76,240 (-41.9%)	$8,623 (-54.1%)	1.5%	$23.30	+458.2%	COM CL A	770700102
CLS	CELESTICA INC	50,000 (-50.0%)	$14,781 (-40.0%)	2.6%	$75.85	+297.3%	PUT	15101Q207
WLY	WILEY JOHN & SONS INC	283,517 (-36.4%)	$8,684 (-51.8%)	1.5%	$40.73	-14.5%	CL A	968223206
ATEC	ALPHATEC HLDGS INC	499,328 (-61.3%)	$10,506 (-44.0%)	1.9%	$9.29	+99.2%	COM NEW	02081G201
ATEC	ALPHATEC HLDGS INC	250,000 (-71.6%)	$5,260 (-58.9%)	0.9%	$9.29	+99.2%	PUT	02081G201
GLXY	GALAXY DIGITAL INC.	32,848 (-86.5%)	$734 (-91.1%)	0.1%	$20.30	+52.6%	CL A	36317J209
GLW	CORNING INC	146,122 (-40.6%)	$12,794 (-36.6%)	2.3%	$46.30	+85.7%	COM	219350105
OSIS	OSI SYSTEMS INC	31,158 (-48.4%)	$7,947 (-47.2%)	1.4%	$168.57	+54.9%	COM	671044105
HURN	HURON CONSULTING GROUP INC	49,777 (-52.4%)	$8,607 (-43.9%)	1.5%	$140.67	+16.4%	COM	447462102
LEVI	LEVI STRAUSS & CO NEW	450,000 (-29.7%)	$9,333 (-37.4%)	1.7%	$16.28	+31.4%	CL A COM STK	52736R102
PRDO	PERDOCEO ED CORP	160,000 (-39.3%)	$4,693 (-52.8%)	0.8%	$29.65	+6.2%	COM	71363P106
CEVA	CEVA INC	170,533 (-48.3%)	$3,670 (-57.9%)	0.7%	$22.58	+8.7%	COM	157210105
SGHC	SUPER GROUP SGHC LIMITED	30,000 (-92.1%)	$359 (-92.8%)	0.1%	$11.77	+2.1%	ORD SHS	G8588X103
PRIM	PRIMORIS SVCS CORP	70,723 (-22.2%)	$8,780 (-29.6%)	1.6%	$59.15	+120.8%	COM	74164F103
GXO	GXO LOGISTICS INCORPORATED	163,512 (-23.4%)	$8,607 (-23.8%)	1.5%	$41.66	+26.1%	COMMON STOCK	36262G101
CORZ	CORE SCIENTIFIC INC NEW	446,176 (-10.1%)	$6,496 (-27.0%)	1.2%	$4.88	+257.1%	COM	21874A106
HUT	HUT 8 CORP	350,000 (-12.5%)	$16,079 (+15.5%)	2.9%	$17.02	+159.0%	COM	44812J104
AVGO	BROADCOM INC	15,000 (-25.0%)	$5,192 (-21.3%)	0.9%	$215.92	+65.3%	COM	11135F101
TWI	TITAN INTL INC ILL	239,209 (-38.7%)	$1,873 (-36.6%)	0.3%	$7.65	+2.4%	COM	88830M102
MSOS	ADVISORSHARES TR	1,220,000 (-12.9%)	$5,758 (-14.1%)	1.0%	$4.79	—	PURE US CANNABIS	00768Y453
OPLN	OPENLANE INC	446,831 (-9.7%)	$13,307 (-6.6%)	2.4%	$26.26	+3.0%	COM	48238T109
LPX	LOUISIANA PAC CORP	50,000 (-3.3%)	$4,038 (-12.1%)	0.7%	$97.20	-13.1%	COM	546347105
MIAX	MIAMI INTL HLDGS INC	322,519 (-7.4%)	$14,313 (+2.0%)	2.6%	$36.58	+21.9%	COM	59356Q108
PEGA	PEGASYSTEMS INC	180,000 (-5.4%)	$10,750 (-1.7%)	1.9%	$55.10	+6.3%	COM	705573103

Unchanged Positions (15)

CRS CARPENTER TECHNOLOGY CORP 2.3%

Value ($000) $12,666 Shares 40,230 Est. Cost $75.93 Unrealized +295.8%

JBHT HUNT J B TRANS SVCS INC 1.2%

Value ($000) $6,802 Shares 35,000 Est. Cost $137.35 Unrealized +24.9%

GLD SPDR GOLD TR 3.5%

Value ($000) $19,816 Shares 50,000 Est. Cost $172.34 Unrealized —

REZI RESIDEO TECHNOLOGIES INC 1.0%

Value ($000) $5,704 Shares 162,408 Est. Cost $19.08 Unrealized +94.0%

GDLC GRAYSCALE COINDESK CRYPTO 0.3%

Value ($000) $1,883 Shares 45,567 Est. Cost $55.90 Unrealized —

ETHE GRAYSCALE ETHEREUM TRUST ETF 0.2%

Value ($000) $1,219 Shares 50,000 Est. Cost $21.89 Unrealized —

AMZN AMAZON COM INC 1.6%

Value ($000) $9,233 Shares 40,000 Est. Cost $205.01 Unrealized +11.6%

SNPS SYNOPSYS INC 0.8%

Value ($000) $4,697 Shares 10,000 Est. Cost $565.30 Unrealized -21.4%

MTZ MASTEC INC 1.7%

Value ($000) $9,620 Shares 44,257 Est. Cost $93.15 Unrealized +125.3%

DVN DEVON ENERGY CORP NEW 0.7%

Value ($000) $4,132 Shares 112,804 Est. Cost $12.53 Unrealized +177.2%

HZO MARINEMAX INC 0.4%

Value ($000) $2,411 Shares 99,510 Est. Cost $22.15 Unrealized +11.4%

VPU VANGUARD WORLD FD 0.3%

Value ($000) $1,850 Shares 10,000 Est. Cost $189.41 Unrealized —

APA APA CORPORATION 0.6%

Value ($000) $3,477 Shares 142,156 Est. Cost $16.32 Unrealized +47.9%

HEI HEICO CORP NEW 1.1%

Value ($000) $5,952 Shares 18,394 Est. Cost $142.87 Unrealized +121.2%

AMLP ALPS ETF TR 0.8%

Value ($000) $4,232 Shares 90,000 Est. Cost $48.65 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CRS	CARPENTER TECHNOLOGY CORP	40,230	$12,666	2.3%	$75.93	+295.8%	COM	144285103
JBHT	HUNT J B TRANS SVCS INC	35,000	$6,802	1.2%	$137.35	+24.9%	COM	445658107
GLD	SPDR GOLD TR	50,000	$19,816	3.5%	$172.34	—	GOLD SHS	78463V107
REZI	RESIDEO TECHNOLOGIES INC	162,408	$5,704	1.0%	$19.08	+94.0%	COM	76118Y104
GDLC	GRAYSCALE COINDESK CRYPTO	45,567	$1,883	0.3%	$55.90	—	USD SHS	G40705108
ETHE	GRAYSCALE ETHEREUM TRUST ETF	50,000	$1,219	0.2%	$21.89	—	SHS	389638107
AMZN	AMAZON COM INC	40,000	$9,233	1.6%	$205.01	+11.6%	COM	023135106
SNPS	SYNOPSYS INC	10,000	$4,697	0.8%	$565.30	-21.4%	COM	871607107
MTZ	MASTEC INC	44,257	$9,620	1.7%	$93.15	+125.3%	COM	576323109
DVN	DEVON ENERGY CORP NEW	112,804	$4,132	0.7%	$12.53	+177.2%	COM	25179M103
HZO	MARINEMAX INC	99,510	$2,411	0.4%	$22.15	+11.4%	COM	567908108
VPU	VANGUARD WORLD FD	10,000	$1,850	0.3%	$189.41	—	UTILITIES ETF	92204A876
APA	APA CORPORATION	142,156	$3,477	0.6%	$16.32	+47.9%	COM	03743Q108
HEI	HEICO CORP NEW	18,394	$5,952	1.1%	$142.87	+121.2%	COM	422806109
AMLP	ALPS ETF TR	90,000	$4,232	0.8%	$48.65	—	ALERIAN MLP	00162Q452