SYQUANT CAPITAL SAS Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	DAYFORCE INC	2,305,738	$159	19.5%	$68.83	0.0%	COM	15677J108
BABA	ALIBABA GROUP HLDG LTD	621,505	$91	11.1%	$0.15	—	SPONSORED ADS	01609W102
LLY	ELI LILLY & CO	71,000	$76	9.3%	$955.55	0.0%	COM	532457108
GTLS	CHART INDS INC	350,458	$72	8.8%	$202.64	0.0%	COM	16115Q308
INTU	INTUIT	105,000	$70	8.5%	$660.69	0.0%	COM	461202103
ORCL	ORACLE CORP	295,000	$57	7.0%	$238.05	0.0%	COM	68389X105
SE	SEA LTD	446,114	$57	7.0%	$0.13	—	SPONSORD ADS	81141R100
SCHW	SCHWAB CHARLES CORP	525,000	$52	6.4%	$94.74	0.0%	COM	808513105
CRDO	CREDO TECHNOLOGY GROUP HOLDI	342,000	$49	6.0%	$153.78	0.0%	ORDINARY SHARES	G25457105
JD	JD.COM INC	1,230,769	$35	4.3%	$0.03	—	SPON ADS CL A	47215P106
SEE	SEALED AIR CORP NEW	640,400	$27	3.2%	$38.57	0.0%	COM	81211K100
HOLX	HOLOGIC INC	126,300	$9	1.2%	$73.07	0.0%	COM	436440101
EXAS	EXACT SCIENCES CORP	92,010	$9	1.1%	$80.31	0.0%	COM	30063P105
CSGS	CSG SYS INTL INC	89,691	$7	0.8%	$73.52	0.0%	COM	126349109
CFLT	CONFLUENT INC	204,756	$6	0.8%	$24.55	0.0%	CLASS A COM	20717M103
BHF	BRIGHTHOUSE FINL INC	83,276	$5	0.7%	$58.76	0.0%	COM	10922N103
OCS	OCULIS HOLDING AG	192,722	$4	0.5%	$20.00	0.0%	ORDINARY SHARES	H5870P102
SBXE/U	SILVERBOX CORP V	250,000	$3	0.3%	$0.01	—	UNIT 99/99/9999	G8148S123
ALUB/U	ALUSSA ENERGY ACQUISITION CO	250,000	$3	0.3%	$0.01	—	UNIT 99/99/9999	G0233J126
MESHU	MESHFLOW ACQUISITION CORP	250,000	$3	0.3%	$0.01	—	UNIT 11/19/2030	G6032N127
ADACU	AMERICAN DRIVE ACQUISITION C	200,000	$2	0.2%	$0.01	—	UNIT 12/04/2030	G0R91M121
LPCVU	LAUNCHPAD CADENZA ACQUISITIO	200,000	$2	0.2%	$0.01	—	UNIT 12/15/2030	G6001S123
IRHOU	IRON HORSE ACQUISIT CORP II	125,000	$1	0.2%	$0.01	—	UNIT 07/11/2030	46283H202
BLRKU	BLUEROCK ACQUISITION CORP	105,750	$1	0.1%	$0.01	—	UNIT 11/06/2030	G1352R121
CCXIU	CHURCHILL CAP CORP XI	100,000	$1	0.1%	$0.01	—	UNIT 12/10/2030	G2131A124
SAC/U	SAFEGUARD ACQUISITION CORP	100,000	$1	0.1%	$0.01	—	UNIT 99/99/9999	G77676123
ITHAU	ITHAX ACQUISITION CORP III	100,000	$1	0.1%	$0.01	—	UNIT 11/17/2030	G4977S128
CEPV	CANTOR EQUITY PARTNERS V INC	10,000	$0	0.0%	$10.25	0.0%	SHS CL A S	G1828S109

Exited Positions (8)

— Verona Pharma PLC 15.8%

Value ($000) $129 Shares 1,208,312 Est. Cost $0.11 Unrealized —

— Kellanova 15.2%

Value ($000) $124 Shares 1,513,343 Est. Cost $79.30 Unrealized +4.2%

— 89BIO 4.7%

Value ($000) $38 Shares 2,593,694 Est. Cost $0.01 Unrealized —

— Interpublic Grp Common Stock 2.9%

Value ($000) $24 Shares 854,279 Est. Cost $25.59 Unrealized +1.5%

— Informatica Inc cl A 1.6%

Value ($000) $13 Shares 537,775 Est. Cost $0.02 Unrealized —

— WNS Holdings Ltd 0.5%

Value ($000) $4 Shares 48,659 Est. Cost $0.08 Unrealized —

CRH CRH PLC - NYSE listing 0.3%

Value ($000) $3 Shares 23,820 Est. Cost $105.61 Unrealized +12.8%

— MERUS BV 0.1%

Value ($000) $1 Shares 11,691 Est. Cost $0.09 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	Verona Pharma PLC	1,208,312	$129	15.8%	$0.11	—	—	925050106
—	Kellanova	1,513,343	$124	15.2%	$79.30	+4.2%	—	487836108
—	89BIO	2,593,694	$38	4.7%	$0.01	—	—	282559103
—	Interpublic Grp Common Stock	854,279	$24	2.9%	$25.59	+1.5%	—	460690100
—	Informatica Inc cl A	537,775	$13	1.6%	$0.02	—	—	45674M101
—	WNS Holdings Ltd	48,659	$4	0.5%	$0.08	—	—	G98196101
CRH	CRH PLC - NYSE listing	23,820	$3	0.3%	$105.61	+12.8%	—	G25508105
—	MERUS BV	11,691	$1	0.1%	$0.09	—	—	N5749R100

Unchanged Positions (9)

AEXA AMERICAN EXCEPTIONALISM ACQU 0.2%

Value ($000) $1 Shares 125,000 Est. Cost $10.77 Unrealized +4.2%

CEPF CANTOR EQUITY PARTNERS IV IN 0.6%

Value ($000) $5 Shares 500,000 Est. Cost $10.15 Unrealized +2.4%

— AIRBNB INC 0.2%

Value ($000) $2 Shares 2,000,000 Est. Cost $0.00 Unrealized —

PACHU PIONEER ACQUISITION I CORP 0.1%

Value ($000) $1 Shares 110,000 Est. Cost $0.01 Unrealized —

WENNU WEN ACQUISITION CORP 0.0%

Value ($000) $0 Shares 25,000 Est. Cost $0.01 Unrealized —

MBVIU M3-BRIGADE ACQUISITION VI CO 0.2%

Value ($000) $2 Shares 200,000 Est. Cost $0.01 Unrealized —

BCSS/U BAIN CAP GSS INVT CORP 0.0%

Value ($000) $0 Shares 20,000 Est. Cost $0.01 Unrealized —

ONCHU 1RT ACQUISITION CORP. 0.0%

Value ($000) $0 Shares 10,000 Est. Cost $0.01 Unrealized —

BLZRU TRAILBLAZER ACQUISITION CORP 0.0%

Value ($000) $0 Shares 25,000 Est. Cost $0.01 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AEXA	AMERICAN EXCEPTIONALISM ACQU	125,000	$1	0.2%	$10.77	+4.2%	ORD CL A	G0273J101
CEPF	CANTOR EQUITY PARTNERS IV IN	500,000	$5	0.6%	$10.15	+2.4%	SHS CL A	G1828E100
—	AIRBNB INC	2,000,000	$2	0.2%	$0.00	—	NOTE 3/1	009066AB7
PACHU	PIONEER ACQUISITION I CORP	110,000	$1	0.1%	$0.01	—	UNIT 06/16/2030	G7117W123
WENNU	WEN ACQUISITION CORP	25,000	$0	0.0%	$0.01	—	UNIT 05/16/2030	G9R39C129
MBVIU	M3-BRIGADE ACQUISITION VI CO	200,000	$2	0.2%	$0.01	—	UNIT 08/18/2030	G63221124
BCSS/U	BAIN CAP GSS INVT CORP	20,000	$0	0.0%	$0.01	—	UNIT 99/99/9999	G0R78B122
ONCHU	1RT ACQUISITION CORP.	10,000	$0	0.0%	$0.01	—	UNIT 06/26/2030	G6757R121
BLZRU	TRAILBLAZER ACQUISITION CORP	25,000	$0	0.0%	$0.01	—	UNIT 08/21/2030	G9009S129