Maytus Capital Management, LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
V	VISA INC	97,500	$34,194	8.1%	$340.38	0.0%	COM CL A	92826C839
NXPI	NXP SEMICONDUCTORS N V	41,736	$9,059	2.1%	$213.68	0.0%	COM	N6596X109
JBL	JABIL INC	35,000	$7,981	1.9%	$213.29	0.0%	COM	466313103
CIEN	CIENA CORP	32,000	$7,484	1.8%	$194.00	0.0%	COM NEW	171779309
AMZN	AMAZON COM INC	32,000	$7,386	1.7%	$228.79	0.0%	COM	023135106
CFLT	CONFLUENT INC	240,000	$7,258	1.7%	$24.55	0.0%	CLASS A COM	20717M103
CRM	SALESFORCE INC	27,000	$7,153	1.7%	$248.17	0.0%	COM	79466L302
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	81,000	$6,723	1.6%	$74.65	0.0%	CL A	192446102
RDDT	REDDIT INC	24,000	$5,517	1.3%	$210.30	0.0%	CL A	75734B100
EXPE	EXPEDIA GROUP INC	18,000	$5,100	1.2%	$246.88	0.0%	COM NEW	30212P303
HOOD	ROBINHOOD MKTS INC	44,000	$4,976	1.2%	$130.05	0.0%	COM CL A	770700102
ROKU	ROKU INC	44,000	$4,774	1.1%	$101.49	0.0%	COM CL A	77543R102
CRDO	CREDO TECHNOLOGY GROUP HOLDI	33,000	$4,748	1.1%	$153.78	0.0%	ORDINARY SHARES	G25457105
U	UNITY SOFTWARE INC	105,000	$4,638	1.1%	$40.75	0.0%	COM	91332U101
FTNT	FORTINET INC	54,500	$4,328	1.0%	$82.94	0.0%	COM	34959E109
FISV	FISERV INC	59,500	$3,997	0.9%	$83.87	0.0%	COM	337738108
DIS	DISNEY WALT CO	30,000	$3,413	0.8%	$109.53	0.0%	COM	254687106
CVNA	CARVANA CO	8,000	$3,376	0.8%	$371.73	0.0%	CL A	146869102
CSCO	CISCO SYS INC	40,000	$3,081	0.7%	$73.79	0.0%	COM	17275R102
CRWD	CROWDSTRIKE HLDGS INC	4,000	$1,875	0.4%	$509.22	0.0%	CL A	22788C105
OKTA	OKTA INC	16,000	$1,384	0.3%	$87.27	0.0%	CL A	679295105
MNDY	MONDAY COM LTD	9,000	$1,328	0.3%	$168.41	0.0%	SHS	M7S64H106
AKAM	AKAMAI TECHNOLOGIES INC	15,000	$1,309	0.3%	$82.26	0.0%	COM	00971T101
NET	CLOUDFLARE INC	6,000	$1,183	0.3%	$211.53	0.0%	CL A COM	18915M107
CART	MAPLEBEAR INC	25,000	$1,125	0.3%	$40.93	0.0%	COM	565394103
CRCL	CIRCLE INTERNET GROUP INC	12,000	$952	0.2%	$103.35	0.0%	COM CL A	172573107
NBIS	NEBIUS GROUP N.V.	8,000	$670	0.2%	$103.64	0.0%	SHS CLASS A	N97284108

Increased Positions (17)

AMAT APPLIED MATLS INC 4.3%

Value ($000) $18,246 (+585.5%) Shares 71,000 (+446.2%) Est. Cost $228.74 Unrealized +4.7%

NVDA NVIDIA CORPORATION 4.4%

Value ($000) $18,650 (+122.1%) Shares 100,000 (+122.2%) Est. Cost $152.59 Unrealized +22.0%

INTU INTUIT 2.3%

Value ($000) $9,936 (+2810.0%) Shares 15,000 (+2900.0%) Est. Cost $659.63 Unrealized +0.2%

T AT&T INC 5.2%

Value ($000) $21,859 (+72.1%) Shares 880,000 (+95.7%) Est. Cost $26.71 Unrealized -5.3%

MDB MONGODB INC 1.2%

Value ($000) $5,246 (+1107.3%) Shares 12,500 (+792.9%) Est. Cost $343.79 Unrealized +5.8%

BIDU BAIDU INC 1.2%

Value ($000) $4,965 (+86.6%) Shares 38,000 (+88.2%) Est. Cost $109.02 Unrealized —

GOOGL ALPHABET INC 2.0%

Value ($000) $8,608 (+31.1%) Shares 27,500 (+1.9%) Est. Cost $210.59 Unrealized +35.6%

SNOW SNOWFLAKE INC 2.2%

Value ($000) $9,213 (+26.9%) Shares 42,000 (+30.5%) Est. Cost $171.57 Unrealized +42.3%

IBM INTERNATIONAL BUSINESS MACHS 1.3%

Value ($000) $5,332 (+52.4%) Shares 18,000 (+45.2%) Est. Cost $271.75 Unrealized +9.9%

FIS FIDELITY NATL INFORMATION SV 1.5%

Value ($000) $6,314 (+27.7%) Shares 95,000 (+26.7%) Est. Cost $70.78 Unrealized -7.3%

ASML ASML HOLDING N V 2.8%

Value ($000) $11,768 (+12.6%) Shares 11,000 (+1.9%) Est. Cost $969.94 Unrealized —

AFRM AFFIRM HLDGS INC 1.5%

Value ($000) $6,327 (+21.9%) Shares 85,000 (+19.7%) Est. Cost $75.42 Unrealized -4.6%

QRVO QORVO INC 1.5%

Value ($000) $6,338 (+8.6%) Shares 75,000 (+17.1%) Est. Cost $88.93 Unrealized -0.8%

SNPS SYNOPSYS INC 0.7%

Value ($000) $2,818 (+19.0%) Shares 6,000 (+25.0%) Est. Cost $461.57 Unrealized -3.8%

SPOT SPOTIFY TECHNOLOGY S A 1.6%

Value ($000) $6,678 (-5.3%) Shares 11,500 (+13.9%) Est. Cost $639.81 Unrealized -2.3%

ADSK AUTODESK INC 1.5%

Value ($000) $6,364 (-1.8%) Shares 21,500 (+5.4%) Est. Cost $304.62 Unrealized -0.7%

CHKP CHECK POINT SOFTWARE TECH LT 1.3%

Value ($000) $5,567 (+0.2%) Shares 30,000 (+11.7%) Est. Cost $200.66 Unrealized -3.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMAT	APPLIED MATLS INC	71,000 (+446.2%)	$18,246 (+585.5%)	4.3%	$228.74	+4.7%	COM	038222105
NVDA	NVIDIA CORPORATION	100,000 (+122.2%)	$18,650 (+122.1%)	4.4%	$152.59	+22.0%	COM	67066G104
INTU	INTUIT	15,000 (+2900.0%)	$9,936 (+2810.0%)	2.3%	$659.63	+0.2%	COM	461202103
T	AT&T INC	880,000 (+95.7%)	$21,859 (+72.1%)	5.2%	$26.71	-5.3%	COM	00206R102
MDB	MONGODB INC	12,500 (+792.9%)	$5,246 (+1107.3%)	1.2%	$343.79	+5.8%	CL A	60937P106
BIDU	BAIDU INC	38,000 (+88.2%)	$4,965 (+86.6%)	1.2%	$109.02	—	SPON ADR REP A	056752108
GOOGL	ALPHABET INC	27,500 (+1.9%)	$8,608 (+31.1%)	2.0%	$210.59	+35.6%	CAP STK CL A	02079K305
SNOW	SNOWFLAKE INC	42,000 (+30.5%)	$9,213 (+26.9%)	2.2%	$171.57	+42.3%	COM SHS	833445109
IBM	INTERNATIONAL BUSINESS MACHS	18,000 (+45.2%)	$5,332 (+52.4%)	1.3%	$271.75	+9.9%	COM	459200101
FIS	FIDELITY NATL INFORMATION SV	95,000 (+26.7%)	$6,314 (+27.7%)	1.5%	$70.78	-7.3%	COM	31620M106
ASML	ASML HOLDING N V	11,000 (+1.9%)	$11,768 (+12.6%)	2.8%	$969.94	—	N Y REGISTRY SHS	N07059210
AFRM	AFFIRM HLDGS INC	85,000 (+19.7%)	$6,327 (+21.9%)	1.5%	$75.42	-4.6%	COM CL A	00827B106
QRVO	QORVO INC	75,000 (+17.1%)	$6,338 (+8.6%)	1.5%	$88.93	-0.8%	COM	74736K101
SNPS	SYNOPSYS INC	6,000 (+25.0%)	$2,818 (+19.0%)	0.7%	$461.57	-3.8%	COM	871607107
SPOT	SPOTIFY TECHNOLOGY S A	11,500 (+13.9%)	$6,678 (-5.3%)	1.6%	$639.81	-2.3%	SHS	L8681T102
ADSK	AUTODESK INC	21,500 (+5.4%)	$6,364 (-1.8%)	1.5%	$304.62	-0.7%	COM	052769106
CHKP	CHECK POINT SOFTWARE TECH LT	30,000 (+11.7%)	$5,567 (+0.2%)	1.3%	$200.66	-3.6%	ORD	M22465104

Exited Positions (31)

MA MASTERCARD INCORPORATED 6.4%

Value ($000) $27,284 Shares 47,967 Est. Cost $537.02 Unrealized +4.1%

NOW SERVICENOW INC 2.6%

Value ($000) $11,178 Shares 12,146 Est. Cost $187.20 Unrealized -8.4%

PANW PALO ALTO NETWORKS INC 2.5%

Value ($000) $10,540 Shares 51,761 Est. Cost $191.42 Unrealized +5.4%

HPE HEWLETT PACKARD ENTERPRISE C 2.5%

Value ($000) $10,413 Shares 423,973 Est. Cost $20.35 Unrealized +15.2%

WIX WIX COM LTD 2.1%

Value ($000) $8,994 Shares 50,635 Est. Cost $154.93 Unrealized -22.0%

VZ VERIZON COMMUNICATIONS INC 2.1%

Value ($000) $8,703 Shares 198,026 Est. Cost $42.00 Unrealized -3.6%

LRCX LAM RESEARCH CORP 2.0%

Value ($000) $8,574 Shares 64,034 Est. Cost $74.98 Unrealized +107.2%

ZS ZSCALER INC 2.0%

Value ($000) $8,383 Shares 27,976 Est. Cost $249.30 Unrealized +13.2%

GLW CORNING INC 1.8%

Value ($000) $7,711 Shares 94,000 Est. Cost $64.97 Unrealized +32.3%

AVGO BROADCOM INC 1.7%

Value ($000) $7,126 Shares 21,600 Est. Cost $213.90 Unrealized +66.9%

RBLX ROBLOX CORP 1.6%

Value ($000) $6,815 Shares 49,200 Est. Cost $124.28 Unrealized -14.6%

GFS GLOBALFOUNDRIES INC 1.6%

Value ($000) $6,810 Shares 190,000 Est. Cost $35.68 Unrealized -0.3%

BKNG BOOKING HOLDINGS INC 1.5%

Value ($000) $6,479 Shares 1,200 Est. Cost $5563.60 Unrealized -7.7%

CLS CELESTICA INC 1.3%

Value ($000) $5,667 Shares 23,000 Est. Cost $106.13 Unrealized +184.0%

GPN GLOBAL PMTS INC 1.3%

Value ($000) $5,505 Shares 66,266 Est. Cost $83.75 Unrealized -4.1%

COIN COINBASE GLOBAL INC 1.2%

Value ($000) $5,265 Shares 15,600 Est. Cost $249.24 Unrealized +19.6%

WDAY WORKDAY INC 1.2%

Value ($000) $5,185 Shares 21,540 Est. Cost $231.22 Unrealized -1.7%

DDOG DATADOG INC 1.1%

Value ($000) $4,770 Shares 33,500 Est. Cost $133.27 Unrealized +18.6%

TCOM TRIP COM GROUP LTD 1.0%

Value ($000) $4,200 Shares 55,849 Est. Cost $55.74 Unrealized —

CDNS CADENCE DESIGN SYSTEM INC 1.0%

Value ($000) $4,154 Shares 11,826 Est. Cost $344.03 Unrealized -5.1%

DASH DOORDASH INC 0.8%

Value ($000) $3,536 Shares 13,000 Est. Cost $200.58 Unrealized +16.9%

SMCI SUPER MICRO COMPUTER INC 0.8%

Value ($000) $3,356 Shares 70,000 Est. Cost $47.75 Unrealized -13.8%

WMG WARNER MUSIC GROUP CORP 0.7%

Value ($000) $2,874 Shares 84,395 Est. Cost $28.29 Unrealized +6.9%

ORCL ORACLE CORP 0.6%

Value ($000) $2,391 Shares 8,500 Est. Cost $160.80 Unrealized +48.0%

PDD PDD HOLDINGS INC 0.6%

Value ($000) $2,379 Shares 18,000 Est. Cost $113.92 Unrealized —

HUBS HUBSPOT INC 0.5%

Value ($000) $2,105 Shares 4,500 Est. Cost $503.08 Unrealized -17.7%

Z ZILLOW GROUP INC 0.5%

Value ($000) $1,926 Shares 25,000 Est. Cost $57.45 Unrealized +26.0%

META META PLATFORMS INC 0.4%

Value ($000) $1,616 Shares 2,200 Est. Cost $504.77 Unrealized +32.2%

TSLA TESLA INC 0.3%

Value ($000) $1,334 Shares 3,000 Est. Cost $346.84 Unrealized +27.8%

PCTY PAYLOCITY HLDG CORP 0.3%

Value ($000) $1,274 Shares 8,000 Est. Cost $177.08 Unrealized -16.0%

CRWV COREWEAVE INC 0.1%

Value ($000) $342 Shares 2,500 Est. Cost $118.31 Unrealized -14.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD INCORPORATED	47,967	$27,284	6.4%	$537.02	+4.1%	—	57636Q104
NOW	SERVICENOW INC	12,146	$11,178	2.6%	$187.20	-8.4%	—	81762P102
PANW	PALO ALTO NETWORKS INC	51,761	$10,540	2.5%	$191.42	+5.4%	—	697435105
HPE	HEWLETT PACKARD ENTERPRISE C	423,973	$10,413	2.5%	$20.35	+15.2%	—	42824C109
WIX	WIX COM LTD	50,635	$8,994	2.1%	$154.93	-22.0%	—	M98068105
VZ	VERIZON COMMUNICATIONS INC	198,026	$8,703	2.1%	$42.00	-3.6%	—	92343V104
LRCX	LAM RESEARCH CORP	64,034	$8,574	2.0%	$74.98	+107.2%	—	512807306
ZS	ZSCALER INC	27,976	$8,383	2.0%	$249.30	+13.2%	—	98980G102
GLW	CORNING INC	94,000	$7,711	1.8%	$64.97	+32.3%	—	219350105
AVGO	BROADCOM INC	21,600	$7,126	1.7%	$213.90	+66.9%	—	11135F101
RBLX	ROBLOX CORP	49,200	$6,815	1.6%	$124.28	-14.6%	—	771049103
GFS	GLOBALFOUNDRIES INC	190,000	$6,810	1.6%	$35.68	-0.3%	—	G39387108
BKNG	BOOKING HOLDINGS INC	1,200	$6,479	1.5%	$5563.60	-7.7%	—	09857L108
CLS	CELESTICA INC	23,000	$5,667	1.3%	$106.13	+184.0%	—	15101Q207
GPN	GLOBAL PMTS INC	66,266	$5,505	1.3%	$83.75	-4.1%	—	37940X102
COIN	COINBASE GLOBAL INC	15,600	$5,265	1.2%	$249.24	+19.6%	—	19260Q107
WDAY	WORKDAY INC	21,540	$5,185	1.2%	$231.22	-1.7%	—	98138H101
DDOG	DATADOG INC	33,500	$4,770	1.1%	$133.27	+18.6%	—	23804L103
TCOM	TRIP COM GROUP LTD	55,849	$4,200	1.0%	$55.74	—	—	89677Q107
CDNS	CADENCE DESIGN SYSTEM INC	11,826	$4,154	1.0%	$344.03	-5.1%	—	127387108
DASH	DOORDASH INC	13,000	$3,536	0.8%	$200.58	+16.9%	—	25809K105
SMCI	SUPER MICRO COMPUTER INC	70,000	$3,356	0.8%	$47.75	-13.8%	—	86800U302
WMG	WARNER MUSIC GROUP CORP	84,395	$2,874	0.7%	$28.29	+6.9%	—	934550203
ORCL	ORACLE CORP	8,500	$2,391	0.6%	$160.80	+48.0%	—	68389X105
PDD	PDD HOLDINGS INC	18,000	$2,379	0.6%	$113.92	—	—	722304102
HUBS	HUBSPOT INC	4,500	$2,105	0.5%	$503.08	-17.7%	—	443573100
Z	ZILLOW GROUP INC	25,000	$1,926	0.5%	$57.45	+26.0%	—	98954M200
META	META PLATFORMS INC	2,200	$1,616	0.4%	$504.77	+32.2%	—	30303M102
TSLA	TESLA INC	3,000	$1,334	0.3%	$346.84	+27.8%	—	88160R101
PCTY	PAYLOCITY HLDG CORP	8,000	$1,274	0.3%	$177.08	-16.0%	—	70438V106
CRWV	COREWEAVE INC	2,500	$342	0.1%	$118.31	-14.3%	—	21873S108

Decreased Positions (16)

IWM ISHARES TR 1.8%

Value ($000) $7,631 (-70.5%) Shares 31,000 (-71.0%) Est. Cost $241.96 Unrealized —

AAPL APPLE INC 0.6%

Value ($000) $2,719 (-79.2%) Shares 10,000 (-80.5%) Est. Cost $225.58 Unrealized +19.0%

BABA ALIBABA GROUP HLDG LTD 1.4%

Value ($000) $6,010 (-55.5%) Shares 41,000 (-45.8%) Est. Cost $160.32 Unrealized —

MU MICRON TECHNOLOGY INC 4.0%

Value ($000) $16,839 (+62.3%) Shares 59,000 (-4.8%) Est. Cost $127.82 Unrealized +79.4%

EWY ISHARES INC 2.5%

Value ($000) $10,694 (-33.7%) Shares 110,000 (-45.3%) Est. Cost $74.76 Unrealized —

LITE LUMENTUM HLDGS INC 1.2%

Value ($000) $5,160 (-47.1%) Shares 14,000 (-76.7%) Est. Cost $75.57 Unrealized +239.8%

MSFT MICROSOFT CORP 3.4%

Value ($000) $14,509 (-23.2%) Shares 30,000 (-17.8%) Est. Cost $432.38 Unrealized +15.8%

MCHP MICROCHIP TECHNOLOGY INC. 2.2%

Value ($000) $9,239 (-29.4%) Shares 145,000 (-28.8%) Est. Cost $66.89 Unrealized -8.3%

ADP AUTOMATIC DATA PROCESSING IN 0.2%

Value ($000) $772 (-81.9%) Shares 3,000 (-79.3%) Est. Cost $297.80 Unrealized -11.1%

FLUT FLUTTER ENTMT PLC 0.8%

Value ($000) $3,441 (-47.9%) Shares 16,000 (-38.5%) Est. Cost $249.52 Unrealized -9.9%

WDC WESTERN DIGITAL CORP 5.0%

Value ($000) $21,189 (-9.1%) Shares 123,000 (-36.6%) Est. Cost $63.24 Unrealized +139.7%

FLEX FLEX LTD 0.7%

Value ($000) $3,021 (-38.0%) Shares 50,000 (-40.5%) Est. Cost $53.12 Unrealized +16.3%

NTSK NETSKOPE INC 0.2%

Value ($000) $965 (-58.7%) Shares 55,000 (-46.5%) Est. Cost $23.79 Unrealized -12.3%

S SENTINELONE INC 0.4%

Value ($000) $1,500 (-47.4%) Shares 100,000 (-38.3%) Est. Cost $20.72 Unrealized -21.0%

ON ON SEMICONDUCTOR CORP 1.9%

Value ($000) $8,123 (-7.5%) Shares 150,000 (-15.7%) Est. Cost $46.32 Unrealized +10.7%

SHOP SHOPIFY INC 1.3%

Value ($000) $5,392 (-7.0%) Shares 33,500 (-14.1%) Est. Cost $135.57 Unrealized +18.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	31,000 (-71.0%)	$7,631 (-70.5%)	1.8%	$241.96	—	RUSSELL 2000 ETF	464287655
AAPL	APPLE INC	10,000 (-80.5%)	$2,719 (-79.2%)	0.6%	$225.58	+19.0%	COM	037833100
BABA	ALIBABA GROUP HLDG LTD	41,000 (-45.8%)	$6,010 (-55.5%)	1.4%	$160.32	—	SPONSORED ADS	01609W102
MU	MICRON TECHNOLOGY INC	59,000 (-4.8%)	$16,839 (+62.3%)	4.0%	$127.82	+79.4%	COM	595112103
EWY	ISHARES INC	110,000 (-45.3%)	$10,694 (-33.7%)	2.5%	$74.76	—	MSCI STH KOR ETF	464286772
LITE	LUMENTUM HLDGS INC	14,000 (-76.7%)	$5,160 (-47.1%)	1.2%	$75.57	+239.8%	COM	55024U109
MSFT	MICROSOFT CORP	30,000 (-17.8%)	$14,509 (-23.2%)	3.4%	$432.38	+15.8%	COM	594918104
MCHP	MICROCHIP TECHNOLOGY INC.	145,000 (-28.8%)	$9,239 (-29.4%)	2.2%	$66.89	-8.3%	COM	595017104
ADP	AUTOMATIC DATA PROCESSING IN	3,000 (-79.3%)	$772 (-81.9%)	0.2%	$297.80	-11.1%	COM	053015103
FLUT	FLUTTER ENTMT PLC	16,000 (-38.5%)	$3,441 (-47.9%)	0.8%	$249.52	-9.9%	SHS	G3643J108
WDC	WESTERN DIGITAL CORP	123,000 (-36.6%)	$21,189 (-9.1%)	5.0%	$63.24	+139.7%	COM	958102105
FLEX	FLEX LTD	50,000 (-40.5%)	$3,021 (-38.0%)	0.7%	$53.12	+16.3%	ORD	Y2573F102
NTSK	NETSKOPE INC	55,000 (-46.5%)	$965 (-58.7%)	0.2%	$23.79	-12.3%	CL A	64119N608
S	SENTINELONE INC	100,000 (-38.3%)	$1,500 (-47.4%)	0.4%	$20.72	-21.0%	CL A	81730H109
ON	ON SEMICONDUCTOR CORP	150,000 (-15.7%)	$8,123 (-7.5%)	1.9%	$46.32	+10.7%	COM	682189105
SHOP	SHOPIFY INC	33,500 (-14.1%)	$5,392 (-7.0%)	1.3%	$135.57	+18.4%	CL A SUB VTG SHS	82509L107

Unchanged Positions (1)

XYZ BLOCK INC 1.6%

Value ($000) $6,737 Shares 103,500 Est. Cost $58.18 Unrealized +18.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XYZ	BLOCK INC	103,500	$6,737	1.6%	$58.18	+18.6%	CL A	852234103