SOROS CAPITAL MANAGEMENT LLC Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GM	GENERAL MTRS CO	131,400	$10,685	2.8%	$70.40	0.0%	COM	37045V100
PUMP	PROPETRO HLDG CORP	684,600	$6,511	1.7%	$8.69	0.0%	COM	74347M108
FIX	COMFORT SYS USA INC	6,260	$5,842	1.5%	$922.99	0.0%	COM	199908104
TM	TOYOTA MOTOR CORP	23,200	$4,966	1.3%	$214.06	—	ADS	892331307
ON	ON SEMICONDUCTOR CORP	89,700	$4,857	1.3%	$51.30	0.0%	COM	682189105
CAT	CATERPILLAR INC	8,360	$4,789	1.3%	$555.50	0.0%	COM	149123101
EWZ	ISHARES INC	150,000	$4,766	1.3%	$31.77	—	MSCI BRAZIL ETF	464286400
SEI	SOLARIS ENERGY INFRAS INC	43,800	$2,013	0.5%	$48.29	0.0%	COM CL A	83418M103
GAP	GAP INC	74,100	$1,897	0.5%	$24.07	0.0%	COM	364760108
BKNG	BOOKING HOLDINGS INC	212	$1,135	0.3%	$5137.84	0.0%	COM	09857L108
PWR	QUANTA SVCS INC	2,030	$857	0.2%	$439.27	0.0%	COM	74762E102
RBLX	ROBLOX CORP	3,758	$305	0.1%	$106.17	0.0%	CL A	771049103
EAT	BRINKER INTL INC	2,027	$291	0.1%	$130.99	0.0%	COM	109641100

Increased Positions (26)

GOOGL ALPHABET INC 20.3%

Value ($000) $77,307 (+152.4%) Shares 246,986 (+96.1%) Est. Cost $246.63 Unrealized +15.8%

AVGO BROADCOM INC 7.4%

Value ($000) $28,110 (+247.0%) Shares 81,220 (+230.8%) Est. Cost $311.43 Unrealized +14.6%

V VISA INC 2.9%

Value ($000) $10,966 (+126.1%) Shares 31,269 (+120.1%) Est. Cost $326.60 Unrealized +4.2%

BSX BOSTON SCIENTIFIC CORP 1.4%

Value ($000) $5,237 (+1096.3%) Shares 54,923 (+1124.9%) Est. Cost $98.26 Unrealized -0.2%

CHDN CHURCHILL DOWNS INC 1.5%

Value ($000) $5,705 (+501.5%) Shares 50,144 (+412.9%) Est. Cost $108.38 Unrealized -4.5%

FLUT FLUTTER ENTMT PLC 1.9%

Value ($000) $7,327 (+143.8%) Shares 34,073 (+187.9%) Est. Cost $218.61 Unrealized +2.9%

WULF TERAWULF INC 2.2%

Value ($000) $8,347 (+62.1%) Shares 726,500 (+61.1%) Est. Cost $9.83 Unrealized +36.4%

AEO AMERICAN EAGLE OUTFITTERS IN 1.0%

Value ($000) $3,780 (+453.8%) Shares 143,343 (+259.3%) Est. Cost $17.57 Unrealized +11.9%

DHR DANAHER CORPORATION 1.6%

Value ($000) $6,255 (+66.9%) Shares 27,323 (+44.5%) Est. Cost $217.25 Unrealized +1.1%

SBUX STARBUCKS CORP 1.1%

Value ($000) $4,335 (+75.8%) Shares 51,475 (+76.6%) Est. Cost $90.47 Unrealized -7.1%

BE BLOOM ENERGY CORP 1.3%

Value ($000) $4,953 (+57.4%) Shares 57,000 (+53.2%) Est. Cost $66.81 Unrealized +57.3%

HD HOME DEPOT INC 1.4%

Value ($000) $5,262 (+42.2%) Shares 15,292 (+67.5%) Est. Cost $369.53 Unrealized -1.3%

LOW LOWES COS INC 1.1%

Value ($000) $4,090 (+45.4%) Shares 16,959 (+51.5%) Est. Cost $233.22 Unrealized +2.8%

TMO THERMO FISHER SCIENTIFIC INC 0.7%

Value ($000) $2,563 (+45.0%) Shares 4,423 (+21.3%) Est. Cost $443.11 Unrealized +27.5%

AMZN AMAZON COM INC 1.9%

Value ($000) $7,287 (+10.2%) Shares 31,571 (+4.8%) Est. Cost $191.08 Unrealized +19.7%

ZTS ZOETIS INC 1.2%

Value ($000) $4,616 (-12.5%) Shares 36,687 (+1.7%) Est. Cost $161.15 Unrealized -19.2%

ICE INTERCONTINENTAL EXCHANGE IN 1.5%

Value ($000) $5,578 (+10.0%) Shares 34,439 (+14.4%) Est. Cost $156.32 Unrealized -0.1%

CP CANADIAN PACIFIC KANSAS CITY 1.3%

Value ($000) $5,041 (+8.9%) Shares 68,466 (+10.2%) Est. Cost $76.66 Unrealized -4.0%

NKE NIKE INC 1.1%

Value ($000) $4,316 (-7.6%) Shares 67,751 (+1.1%) Est. Cost $84.95 Unrealized -23.6%

META META PLATFORMS INC 0.8%

Value ($000) $3,005 (+12.9%) Shares 4,553 (+25.6%) Est. Cost $561.23 Unrealized +18.9%

TRU TRANSUNION 0.5%

Value ($000) $1,844 (+17.4%) Shares 21,510 (+14.7%) Est. Cost $83.05 Unrealized -1.1%

TPR TAPESTRY INC 0.3%

Value ($000) $1,119 (+29.5%) Shares 8,758 (+14.7%) Est. Cost $105.29 Unrealized +8.3%

NFLX NETFLIX INC 0.6%

Value ($000) $2,338 (+9.1%) Shares 24,936 (+1295.4%) Est. Cost $106.76 Unrealized +1.0%

GDDY GODADDY INC 1.4%

Value ($000) $5,238 (+2.9%) Shares 42,217 (+13.4%) Est. Cost $158.21 Unrealized -18.2%

UNP UNION PAC CORP 1.3%

Value ($000) $4,862 (-0.5%) Shares 21,018 (+1.7%) Est. Cost $226.75 Unrealized +0.3%

MSI MOTOROLA SOLUTIONS INC 0.7%

Value ($000) $2,702 (-0.7%) Shares 7,050 (+18.5%) Est. Cost $431.48 Unrealized -7.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	246,986 (+96.1%)	$77,307 (+152.4%)	20.3%	$246.63	+15.8%	CAP STK CL A	02079K305
AVGO	BROADCOM INC	81,220 (+230.8%)	$28,110 (+247.0%)	7.4%	$311.43	+14.6%	COM	11135F101
V	VISA INC	31,269 (+120.1%)	$10,966 (+126.1%)	2.9%	$326.60	+4.2%	COM CL A	92826C839
BSX	BOSTON SCIENTIFIC CORP	54,923 (+1124.9%)	$5,237 (+1096.3%)	1.4%	$98.26	-0.2%	COM	101137107
CHDN	CHURCHILL DOWNS INC	50,144 (+412.9%)	$5,705 (+501.5%)	1.5%	$108.38	-4.5%	COM	171484108
FLUT	FLUTTER ENTMT PLC	34,073 (+187.9%)	$7,327 (+143.8%)	1.9%	$218.61	+2.9%	SHS	G3643J108
WULF	TERAWULF INC	726,500 (+61.1%)	$8,347 (+62.1%)	2.2%	$9.83	+36.4%	COM	88080T104
AEO	AMERICAN EAGLE OUTFITTERS IN	143,343 (+259.3%)	$3,780 (+453.8%)	1.0%	$17.57	+11.9%	COM	02553E106
DHR	DANAHER CORPORATION	27,323 (+44.5%)	$6,255 (+66.9%)	1.6%	$217.25	+1.1%	COM	235851102
SBUX	STARBUCKS CORP	51,475 (+76.6%)	$4,335 (+75.8%)	1.1%	$90.47	-7.1%	COM	855244109
BE	BLOOM ENERGY CORP	57,000 (+53.2%)	$4,953 (+57.4%)	1.3%	$66.81	+57.3%	COM CL A	093712107
HD	HOME DEPOT INC	15,292 (+67.5%)	$5,262 (+42.2%)	1.4%	$369.53	-1.3%	COM	437076102
LOW	LOWES COS INC	16,959 (+51.5%)	$4,090 (+45.4%)	1.1%	$233.22	+2.8%	COM	548661107
TMO	THERMO FISHER SCIENTIFIC INC	4,423 (+21.3%)	$2,563 (+45.0%)	0.7%	$443.11	+27.5%	COM	883556102
AMZN	AMAZON COM INC	31,571 (+4.8%)	$7,287 (+10.2%)	1.9%	$191.08	+19.7%	COM	023135106
ZTS	ZOETIS INC	36,687 (+1.7%)	$4,616 (-12.5%)	1.2%	$161.15	-19.2%	CL A	98978V103
ICE	INTERCONTINENTAL EXCHANGE IN	34,439 (+14.4%)	$5,578 (+10.0%)	1.5%	$156.32	-0.1%	COM	45866F104
CP	CANADIAN PACIFIC KANSAS CITY	68,466 (+10.2%)	$5,041 (+8.9%)	1.3%	$76.66	-4.0%	COM	13646K108
NKE	NIKE INC	67,751 (+1.1%)	$4,316 (-7.6%)	1.1%	$84.95	-23.6%	CL B	654106103
META	META PLATFORMS INC	4,553 (+25.6%)	$3,005 (+12.9%)	0.8%	$561.23	+18.9%	CL A	30303M102
TRU	TRANSUNION	21,510 (+14.7%)	$1,844 (+17.4%)	0.5%	$83.05	-1.1%	COM	89400J107
TPR	TAPESTRY INC	8,758 (+14.7%)	$1,119 (+29.5%)	0.3%	$105.29	+8.3%	COM	876030107
NFLX	NETFLIX INC	24,936 (+1295.4%)	$2,338 (+9.1%)	0.6%	$106.76	+1.0%	COM	64110L106
GDDY	GODADDY INC	42,217 (+13.4%)	$5,238 (+2.9%)	1.4%	$158.21	-18.2%	CL A	380237107
UNP	UNION PAC CORP	21,018 (+1.7%)	$4,862 (-0.5%)	1.3%	$226.75	+0.3%	COM	907818108
MSI	MOTOROLA SOLUTIONS INC	7,050 (+18.5%)	$2,702 (-0.7%)	0.7%	$431.48	-7.1%	COM NEW	620076307

Exited Positions (16)

AMAT APPLIED MATLS INC 6.0%

Value ($000) $22,799 Shares 111,354 Est. Cost $184.96 Unrealized +29.5%

GEV GE VERNOVA INC 5.0%

Value ($000) $19,185 Shares 31,200 Est. Cost $605.52 Unrealized +0.6%

BABA ALIBABA GROUP HLDG LTD 3.2%

Value ($000) $12,350 Shares 69,100 Est. Cost $178.73 Unrealized —

MSFT MICROSOFT CORP 2.7%

Value ($000) $10,100 Shares 19,500 Est. Cost $508.71 Unrealized -1.6%

INOD INNODATA INC 2.0%

Value ($000) $7,514 Shares 97,500 Est. Cost $50.51 Unrealized +29.1%

PLTR PALANTIR TECHNOLOGIES INC 1.9%

Value ($000) $7,217 Shares 39,565 Est. Cost $162.07 Unrealized +11.7%

BWXT BWX TECHNOLOGIES INC 1.9%

Value ($000) $7,135 Shares 38,700 Est. Cost $160.55 Unrealized +16.7%

AGX ARGAN INC 1.5%

Value ($000) $5,752 Shares 21,300 Est. Cost $228.35 Unrealized +38.8%

TSLA TESLA INC 1.4%

Value ($000) $5,194 Shares 11,680 Est. Cost $346.84 Unrealized +27.8%

FISV FISERV INC 1.3%

Value ($000) $4,794 Shares 37,181 Est. Cost $158.00 Unrealized -46.9%

BX BLACKSTONE INC 1.2%

Value ($000) $4,630 Shares 27,100 Est. Cost $169.47 Unrealized -10.6%

ARES ARES MANAGEMENT CORPORATION 1.1%

Value ($000) $4,333 Shares 27,100 Est. Cost $178.28 Unrealized -13.1%

ORCL ORACLE CORP 0.8%

Value ($000) $2,981 Shares 10,600 Est. Cost $254.17 Unrealized -6.3%

RRX REGAL REXNORD CORPORATION 0.3%

Value ($000) $1,109 Shares 7,731 Est. Cost $129.40 Unrealized +10.0%

BLDR BUILDERS FIRSTSOURCE INC 0.2%

Value ($000) $934 Shares 7,704 Est. Cost $166.51 Unrealized -32.5%

AXON AXON ENTERPRISE INC 0.1%

Value ($000) $331 Shares 461 Est. Cost $669.75 Unrealized -7.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMAT	APPLIED MATLS INC	111,354	$22,799	6.0%	$184.96	+29.5%	—	038222105
GEV	GE VERNOVA INC	31,200	$19,185	5.0%	$605.52	+0.6%	—	36828A101
BABA	ALIBABA GROUP HLDG LTD	69,100	$12,350	3.2%	$178.73	—	—	01609W102
MSFT	MICROSOFT CORP	19,500	$10,100	2.7%	$508.71	-1.6%	—	594918104
INOD	INNODATA INC	97,500	$7,514	2.0%	$50.51	+29.1%	—	457642205
PLTR	PALANTIR TECHNOLOGIES INC	39,565	$7,217	1.9%	$162.07	+11.7%	—	69608A108
BWXT	BWX TECHNOLOGIES INC	38,700	$7,135	1.9%	$160.55	+16.7%	—	05605H100
AGX	ARGAN INC	21,300	$5,752	1.5%	$228.35	+38.8%	—	04010E109
TSLA	TESLA INC	11,680	$5,194	1.4%	$346.84	+27.8%	—	88160R101
FISV	FISERV INC	37,181	$4,794	1.3%	$158.00	-46.9%	—	337738108
BX	BLACKSTONE INC	27,100	$4,630	1.2%	$169.47	-10.6%	—	09260D107
ARES	ARES MANAGEMENT CORPORATION	27,100	$4,333	1.1%	$178.28	-13.1%	—	03990B101
ORCL	ORACLE CORP	10,600	$2,981	0.8%	$254.17	-6.3%	—	68389X105
RRX	REGAL REXNORD CORPORATION	7,731	$1,109	0.3%	$129.40	+10.0%	—	758750103
BLDR	BUILDERS FIRSTSOURCE INC	7,704	$934	0.2%	$166.51	-32.5%	—	12008R107
AXON	AXON ENTERPRISE INC	461	$331	0.1%	$669.75	-7.4%	—	05464C101

Decreased Positions (11)

EWY ISHARES INC 1.3%

Value ($000) $5,114 (-79.2%) Shares 52,600 (-82.9%) Est. Cost $73.90 Unrealized —

NVDA NVIDIA CORPORATION 0.5%

Value ($000) $1,769 (-87.8%) Shares 9,487 (-87.8%) Est. Cost $127.85 Unrealized +45.6%

VRSN VERISIGN INC 1.2%

Value ($000) $4,494 (-72.8%) Shares 18,497 (-68.7%) Est. Cost $212.40 Unrealized +18.1%

CASY CASEYS GEN STORES INC 0.9%

Value ($000) $3,327 (-67.7%) Shares 6,020 (-67.0%) Est. Cost $381.81 Unrealized +44.0%

TSM TAIWAN SEMICONDUCTOR MFG LTD 6.7%

Value ($000) $25,357 (+6.2%) Shares 83,442 (-2.4%) Est. Cost $181.57 Unrealized —

ASML ASML HOLDING N V 1.0%

Value ($000) $3,902 (-20.4%) Shares 3,647 (-28.0%) Est. Cost $810.66 Unrealized —

TJX TJX COS INC NEW 0.6%

Value ($000) $2,144 (-27.6%) Shares 13,957 (-31.9%) Est. Cost $117.93 Unrealized +25.2%

CZR CAESARS ENTERTAINMENT INC NE 0.6%

Value ($000) $2,335 (-25.0%) Shares 99,835 (-13.3%) Est. Cost $43.44 Unrealized -48.2%

CPAY CORPAY INC 0.9%

Value ($000) $3,499 (-7.6%) Shares 11,626 (-11.6%) Est. Cost $358.35 Unrealized -19.0%

GNRC GENERAC HLDGS INC 0.2%

Value ($000) $620 (-21.8%) Shares 4,550 (-4.0%) Est. Cost $144.85 Unrealized +11.4%

ALC ALCON AG 1.6%

Value ($000) $5,955 (+0.0%) Shares 75,565 (-5.4%) Est. Cost $85.41 Unrealized -9.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EWY	ISHARES INC	52,600 (-82.9%)	$5,114 (-79.2%)	1.3%	$73.90	—	MSCI STH KOR ETF	464286772
NVDA	NVIDIA CORPORATION	9,487 (-87.8%)	$1,769 (-87.8%)	0.5%	$127.85	+45.6%	COM	67066G104
VRSN	VERISIGN INC	18,497 (-68.7%)	$4,494 (-72.8%)	1.2%	$212.40	+18.1%	COM	92343E102
CASY	CASEYS GEN STORES INC	6,020 (-67.0%)	$3,327 (-67.7%)	0.9%	$381.81	+44.0%	COM	147528103
TSM	TAIWAN SEMICONDUCTOR MFG LTD	83,442 (-2.4%)	$25,357 (+6.2%)	6.7%	$181.57	—	SPONSORED ADS	874039100
ASML	ASML HOLDING N V	3,647 (-28.0%)	$3,902 (-20.4%)	1.0%	$810.66	—	N Y REGISTRY SHS	N07059210
TJX	TJX COS INC NEW	13,957 (-31.9%)	$2,144 (-27.6%)	0.6%	$117.93	+25.2%	COM	872540109
CZR	CAESARS ENTERTAINMENT INC NE	99,835 (-13.3%)	$2,335 (-25.0%)	0.6%	$43.44	-48.2%	COM	12769G100
CPAY	CORPAY INC	11,626 (-11.6%)	$3,499 (-7.6%)	0.9%	$358.35	-19.0%	COM SHS	219948106
GNRC	GENERAC HLDGS INC	4,550 (-4.0%)	$620 (-21.8%)	0.2%	$144.85	+11.4%	COM	368736104
ALC	ALCON AG	75,565 (-5.4%)	$5,955 (+0.0%)	1.6%	$85.41	-9.8%	ORD SHS	H01301128

Unchanged Positions (7)

NBIS NEBIUS GROUP N.V. 5.0%

Value ($000) $19,168 Shares 229,000 Est. Cost $69.43 Unrealized +49.3%

PACK RANPAK HOLDINGS CORP 6.6%

Value ($000) $25,050 Shares 4,630,292 Est. Cost $17.78 Unrealized -70.4%

EME EMCOR GROUP INC 1.5%

Value ($000) $5,628 Shares 9,200 Est. Cost $606.37 Unrealized +6.8%

RVMDW REVOLUTION MEDICINES INC 0.1%

Value ($000) $343 Shares 364,824 Est. Cost $0.33 Unrealized —

ABT ABBOTT LABS 0.2%

Value ($000) $703 Shares 5,611 Est. Cost $126.89 Unrealized +0.3%

IVV ISHARES TR 0.1%

Value ($000) $364 Shares 532 Est. Cost $561.90 Unrealized —

IUSB ISHARES TR 0.1%

Value ($000) $217 Shares 4,668 Est. Cost $46.08 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NBIS	NEBIUS GROUP N.V.	229,000	$19,168	5.0%	$69.43	+49.3%	SHS CLASS A	N97284108
PACK	RANPAK HOLDINGS CORP	4,630,292	$25,050	6.6%	$17.78	-70.4%	COM CL A	75321W103
EME	EMCOR GROUP INC	9,200	$5,628	1.5%	$606.37	+6.8%	COM	29084Q100
RVMDW	REVOLUTION MEDICINES INC	364,824	$343	0.1%	$0.33	—	*W EXP 12/17/202	76155X118
ABT	ABBOTT LABS	5,611	$703	0.2%	$126.89	+0.3%	COM	002824100
IVV	ISHARES TR	532	$364	0.1%	$561.90	—	CORE S&P500 ETF	464287200
IUSB	ISHARES TR	4,668	$217	0.1%	$46.08	—	CORE UNIVRSL USD	46434V613