Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SNDK	SANDISK CORP	10,088	$17.55M	3.2%	$1739.89	$1564.36	+11.2%	COM	80004C200
ORCL	ORACLE CORP	108,677	$14.92M	2.7%	$137.30	$141.09	-2.7%	COM	68389X105
PTF	INVESCO EXCHANGE TRADED FD T	80,100	$8.722M	1.6%	$108.89	$104.66	+4.0%	DORSEY WRGT TECH	46137V811
MDB	MONGODB INC	24,000	$8.367M	1.5%	$348.63	$377.56	-7.7%	CL A	60937P106
DRAM	ROUNDHILL ETF TRUST	84,000	$5.07M	0.9%	$60.36	$56.97	+6.0%	MEMORY ETF	77926X320
FSLR	FIRST SOLAR INC	26,371	$4.619M	0.8%	$175.15	$211.60	-17.2%	COM	336433107
NBIS	NEBIUS GROUP N.V.	19,102	$4.506M	0.8%	$235.89	$215.08	+9.7%	SHS CLASS A	N97284108
ALNY	ALNYLAM PHARMACEUTICALS INC	14,100	$3.479M	0.6%	$246.74	$254.48	-3.0%	COM	02043Q107
TTMI	TTM TECHNOLOGIES INC	22,300	$2.739M	0.5%	$122.83	$128.42	-4.3%	COM	87305R109
TEM	TEMPUS AI INC	32,500	$2.662M	0.5%	$81.91	$60.36	+35.7%	CL A	88023B103
SHOP	SHOPIFY INC	10,000	$2.109M	0.4%	$210.90 *	$135.71	+9.3%	CL A	82509L107
ASML	ASML HOLDING N V	800	$1.449M	0.3%	$1811.25	$1733.64	+4.5%	N Y REGISTRY SHS	N07059210
DAL	DELTA AIR LINES INC DEL	16,000	$1.335M	0.2%	$83.44	$84.83	-1.6%	COM NEW	247361702
UAL	UNITED AIRLS HLDGS INC	11,300	$1.254M	0.2%	$110.97	$117.87	-5.9%	COM	910047109
ALK	ALASKA AIR GROUP INC	31,000	$1.2M	0.2%	$38.71	$44.57	-13.2%	COM	011659109
CMPS	COMPASS PATHWAYS PLC	86,000	$1.07M	0.2%	$12.44	$13.29	-6.4%	SPONSORED ADS	20451W101
CLS	CELESTICA INC	1,911	$984K	0.2%	$514.91 *	$330.71	+9.3%	COM	15101Q207
QURE	UNIQURE NV	40,000	$966K	0.2%	$24.15	$43.37	-44.3%	SHS	N90064101
BWA	BORGWARNER INC	15,346	$922K	0.2%	$60.08	$64.50	-6.8%	COM	099724106
ESTC	ELASTIC N V	9,638	$884K	0.2%	$91.72	$76.76	+19.5%	ORD SHS	N14506104
PVH	PVH CORPORATION	10,553	$781K	0.1%	$74.01	$78.06	-5.1%	COM	693656100
CVLT	COMMVAULT SYS INC	3,900	$585K	0.1%	$150.00	$140.22	+6.9%	COM	204166102
REPL	REPLIMUNE GROUP INC	42,000	$556K	0.1%	$13.24	$12.53	+5.6%	COM	76029N106
RGNX	REGENXBIO INC	50,000	$377K	0.1%	$7.54	$10.15	-25.8%	COM	75901B107
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	1,800	$374K	0.1%	$207.78	$231.35	-10.3%	COM	874054109
CRDO	CREDO TECHNOLOGY GROUP HOLDI	1,000	$195K	0.0%	$195.00	$215.32	-9.5%	ORDINARY SHARES	G25457105
ADTN	ADTRAN HOLDINGS INC	27,958	$191K	0.0%	$6.83	$8.88	-23.0%	COM	00486H105

Increased Positions (15)

SGOV ISHARES TR 8.7%

Value $47.27M (+898.3%) Shares 469,500 (+898.2%) Share Price $100.68 Est. Cost/Share $100.55 Unrealized @ Report Date +0.1%

TSM TAIWAN SEMICONDUCTOR MFG LTD 6.8%

Value $37.05M (+224.1%) Shares 81,213 (+239.3%) Share Price $456.20 Est. Cost/Share $391.72 Unrealized @ Report Date +16.5%

QQQ INVESCO QQQ TR 16.2%

Value $88.07M (+25.8%) Shares 119,052 (+25.2%) Share Price $739.77 Est. Cost/Share $679.85 Unrealized @ Report Date +8.8%

AVGO BROADCOM INC 4.9%

Value $26.77M (+46.2%) Shares 76,220 (+57.3%) Share Price $351.19 Est. Cost/Share $369.44 Unrealized @ Report Date -4.9%

MU MICRON TECHNOLOGY INC 4.0%

Value $21.55M (+62.3%) Shares 20,231 (+75.9%) Share Price $1065.10 Est. Cost/Share $791.98 Unrealized @ Report Date +34.5%

INTC INTEL CORP 1.4%

Value $7.587M (+334.8%) Shares 63,100 (+404.8%) Share Price $120.24 Est. Cost/Share $101.83 Unrealized @ Report Date +18.1%

NVDA NVIDIA CORPORATION 3.8%

Value $20.51M (+38.5%) Shares 89,790 (+21.4%) Share Price $228.38 Est. Cost/Share $189.57 Unrealized @ Report Date +20.5%

TXG 10X GENOMICS INC 1.0%

Value $5.521M (+772.2%) Shares 61,100 (+270.3%) Share Price $90.36 Est. Cost/Share $49.78 Unrealized @ Report Date +81.5%

MRVL MARVELL TECHNOLOGY INC 1.3%

Value $6.843M (+223.5%) Shares 25,900 (+264.8%) Share Price $264.21 Est. Cost/Share $180.01 Unrealized @ Report Date +46.8%

AMD ADVANCED MICRO DEVICES INC 2.2%

Value $11.87M (+57.2%) Shares 19,400 (+49.2%) Share Price $611.75 Est. Cost/Share $444.45 Unrealized @ Report Date +37.6%

QCOM QUALCOMM INC 1.0%

Value $5.703M (+155.1%) Shares 30,986 (+156.0%) Share Price $184.05 Est. Cost/Share $178.48 Unrealized @ Report Date +3.1%

BKNG BOOKING HOLDINGS INC 1.3%

Value $7.299M (+28.0%) Shares 44,806 (+40.0%) Share Price $162.90 Est. Cost/Share $190.42 Unrealized @ Report Date -14.4%

WDC WESTERN DIGITAL CORP. 0.6%

Value $3.227M (+57.9%) Shares 7,100 (+121.9%) Share Price $454.51 Est. Cost/Share $486.20 Unrealized @ Report Date -6.5%

MKSI MKS INSTRS INC 0.2%

Value $1.197M (+37.6%) Shares 4,510 (+130.5%) Share Price $265.41 Est. Cost/Share $303.01 Unrealized @ Report Date -12.4%

DIOD DIODES INC 0.1%

Value $627K (+22.7%) Shares 6,482 (+38.9%) Share Price $96.73 Est. Cost/Share $99.06 Unrealized @ Report Date -2.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SGOV	ISHARES TR	469,500 (+898.2%)	$47.27M (+898.3%)	8.7%	$100.68	$100.55	+0.1%	0-3 MNTH TREASRY	46436E718
TSM	TAIWAN SEMICONDUCTOR MFG LTD	81,213 (+239.3%)	$37.05M (+224.1%)	6.8%	$456.20	$391.72	+16.5%	SPONSORED ADS	874039100
QQQ	INVESCO QQQ TR	119,052 (+25.2%)	$88.07M (+25.8%)	16.2%	$739.77	$679.85	+8.8%	UNIT SER 1	46090E103
AVGO	BROADCOM INC	76,220 (+57.3%)	$26.77M (+46.2%)	4.9%	$351.19	$369.44	-4.9%	COM	11135F101
MU	MICRON TECHNOLOGY INC	20,231 (+75.9%)	$21.55M (+62.3%)	4.0%	$1065.10	$791.98	+34.5%	COM	595112103
INTC	INTEL CORP	63,100 (+404.8%)	$7.587M (+334.8%)	1.4%	$120.24	$101.83	+18.1%	COM	458140100
NVDA	NVIDIA CORPORATION	89,790 (+21.4%)	$20.51M (+38.5%)	3.8%	$228.38	$189.57	+20.5%	COM	67066G104
TXG	10X GENOMICS INC	61,100 (+270.3%)	$5.521M (+772.2%)	1.0%	$90.36	$49.78	+81.5%	CL A COM	88025U109
MRVL	MARVELL TECHNOLOGY INC	25,900 (+264.8%)	$6.843M (+223.5%)	1.3%	$264.21	$180.01	+46.8%	COM	573874104
AMD	ADVANCED MICRO DEVICES INC	19,400 (+49.2%)	$11.87M (+57.2%)	2.2%	$611.75	$444.45	+37.6%	COM	007903107
QCOM	QUALCOMM INC	30,986 (+156.0%)	$5.703M (+155.1%)	1.0%	$184.05	$178.48	+3.1%	COM	747525103
BKNG	BOOKING HOLDINGS INC	44,806 (+40.0%)	$7.299M (+28.0%)	1.3%	$162.90	$190.42	-14.4%	COM	09857L108
WDC	WESTERN DIGITAL CORP.	7,100 (+121.9%)	$3.227M (+57.9%)	0.6%	$454.51	$486.20	-6.5%	COM	958102105
MKSI	MKS INSTRS INC	4,510 (+130.5%)	$1.197M (+37.6%)	0.2%	$265.41	$303.01	-12.4%	COM	55306N104
DIOD	DIODES INC	6,482 (+38.9%)	$627K (+22.7%)	0.1%	$96.73	$99.06	-2.3%	COM	254543101

Exited Positions (34)

— NEBIUS GROUP NV 1.6%

Value $8.755M Shares 31,700 Share Price $276.18 Est. Cost/Share $276.18 Unrealized @ Report Date —

NOW SERVICENOW INC 1.4%

Value $7.793M Shares 78,500 Share Price $99.27 * Est. Cost/Share $99.01 Unrealized @ Report Date +35.4%

ADI ANALOG DEVICES INC 1.2%

Value $6.446M Shares 16,230 Share Price $397.17 Est. Cost/Share $395.80 Unrealized @ Report Date +0.2%

DASH DOORDASH INC 1.1%

Value $6.126M Shares 33,200 Share Price $184.52 Est. Cost/Share $165.28 Unrealized @ Report Date +11.1%

MELI MERCADOLIBRE INC 0.9%

Value $5.024M Shares 2,960 Share Price $1697.30 Est. Cost/Share $1771.68 Unrealized @ Report Date -2.4%

SYK STRYKER CORPORATION 0.7%

Value $3.967M Shares 12,600 Share Price $314.84 * Est. Cost/Share $315.13 Unrealized @ Report Date -12.6%

CAI CARIS LIFE SCIENCES INC 0.7%

Value $3.754M Shares 210,670 Share Price $17.82 * Est. Cost/Share $17.90 Unrealized @ Report Date +71.1%

POOL POOL CORP 0.7%

Value $3.739M Shares 17,400 Share Price $214.89 * Est. Cost/Share $199.54 Unrealized @ Report Date -18.9%

VSH VISHAY INTERTECHNOLOGY INC 0.7%

Value $3.579M Shares 66,550 Share Price $53.78 * Est. Cost/Share $40.91 Unrealized @ Report Date -20.4%

CRH CRH PLC 0.6%

Value $3.413M Shares 31,900 Share Price $106.99 * Est. Cost/Share $110.00 Unrealized @ Report Date -24.7%

ARM ARM HOLDINGS PLC 0.5%

Value $2.943M Shares 8,300 Share Price $354.58 * Est. Cost/Share $265.90 Unrealized @ Report Date +8.9%

HON HONEYWELL INTL INC 0.5%

Value $2.664M Shares 11,900 Share Price $223.87 Est. Cost/Share $223.87 Unrealized @ Report Date —

HONA HONEYWELL AEROSPACE INC 0.5%

Value $2.631M Shares 11,900 Share Price $221.09 * Est. Cost/Share $240.18 Unrealized @ Report Date -35.5%

YUM YUM BRANDS INC 0.5%

Value $2.558M Shares 16,000 Share Price $159.88 * Est. Cost/Share $154.88 Unrealized @ Report Date -12.0%

COHR COHERENT CORP 0.5%

Value $2.525M Shares 6,400 Share Price $394.53 * Est. Cost/Share $353.72 Unrealized @ Report Date -18.6%

RDDT REDDIT INC 0.5%

Value $2.465M Shares 14,200 Share Price $173.59 * Est. Cost/Share $162.97 Unrealized @ Report Date -12.6%

TWST TWIST BIOSCIENCE CORP 0.4%

Value $2.449M Shares 23,800 Share Price $102.90 * Est. Cost/Share $47.28 Unrealized @ Report Date +308.7%

AKAM AKAMAI TECHNOLOGIES INC 0.4%

Value $2.128M Shares 18,000 Share Price $118.22 * Est. Cost/Share $124.50 Unrealized @ Report Date -14.6%

VICR VICOR CORP 0.4%

Value $2.089M Shares 5,500 Share Price $379.82 * Est. Cost/Share $273.05 Unrealized @ Report Date +5.8%

GEV GE VERNOVA INC 0.4%

Value $1.997M Shares 1,700 Share Price $1174.71 * Est. Cost/Share $1020.67 Unrealized @ Report Date -6.9%

REGN REGENERON PHARMACEUTICALS 0.3%

Value $1.871M Shares 3,000 Share Price $623.67 * Est. Cost/Share $680.68 Unrealized @ Report Date +11.4%

TSEM TOWER SEMICONDUCTOR LTD 0.3%

Value $1.772M Shares 6,800 Share Price $260.59 * Est. Cost/Share $239.61 Unrealized @ Report Date -5.1%

PWR QUANTA SVCS INC 0.3%

Value $1.656M Shares 2,300 Share Price $720.00 * Est. Cost/Share $683.53 Unrealized @ Report Date -6.0%

MOD MODINE MFG CO 0.3%

Value $1.575M Shares 5,900 Share Price $266.95 * Est. Cost/Share $188.25 Unrealized @ Report Date -0.6%

LITE LUMENTUM HLDGS INC 0.3%

Value $1.545M Shares 1,800 Share Price $858.33 * Est. Cost/Share $892.05 Unrealized @ Report Date +8.9%

VECO VEECO INSTRS INC DEL 0.3%

Value $1.516M Shares 20,000 Share Price $75.80 * Est. Cost/Share $57.02 Unrealized @ Report Date -9.0%

SMTC SEMTECH CORP 0.3%

Value $1.473M Shares 9,100 Share Price $161.87 * Est. Cost/Share $82.25 Unrealized @ Report Date +116.8%

TCOM TRIP COM GROUP LTD 0.2%

Value $1.299M Shares 32,600 Share Price $39.85 Est. Cost/Share $58.29 Unrealized @ Report Date -32.9%

RBLX ROBLOX CORP 0.2%

Value $1.207M Shares 22,200 Share Price $54.37 * Est. Cost/Share $49.75 Unrealized @ Report Date -14.8%

ON ON SEMICONDUCTOR CORP 0.2%

Value $1.191M Shares 12,600 Share Price $94.52 * Est. Cost/Share $102.53 Unrealized @ Report Date -25.0%

INIO INNIO NV 0.2%

Value $1.068M Shares 27,000 Share Price $39.56 * Est. Cost/Share $35.96 Unrealized @ Report Date -49.6%

AEIS ADVANCED ENERGY INDS 0.1%

Value $584K Shares 1,566 Share Price $372.92 * Est. Cost/Share $349.69 Unrealized @ Report Date -19.4%

EVC ENTRAVISION COMMUNICATIONS C 0.1%

Value $436K Shares 33,472 Share Price $13.03 * Est. Cost/Share $7.09 Unrealized @ Report Date +3.7%

FVRR FIVERR INTL LTD 0.0%

Value $111K Shares 10,742 Share Price $10.33 * Est. Cost/Share $10.63 Unrealized @ Report Date -18.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	NEBIUS GROUP NV	31,700	$8.755M	1.6%	$276.18	$276.18	—	—	N97284908
NOW	SERVICENOW INC	78,500	$7.793M	1.4%	$99.27 *	$99.01	+35.4%	—	81762P102
ADI	ANALOG DEVICES INC	16,230	$6.446M	1.2%	$397.17	$395.80	+0.2%	—	032654105
DASH	DOORDASH INC	33,200	$6.126M	1.1%	$184.52	$165.28	+11.1%	—	25809K105
MELI	MERCADOLIBRE INC	2,960	$5.024M	0.9%	$1697.30	$1771.68	-2.4%	—	58733R102
SYK	STRYKER CORPORATION	12,600	$3.967M	0.7%	$314.84 *	$315.13	-12.6%	—	863667101
CAI	CARIS LIFE SCIENCES INC	210,670	$3.754M	0.7%	$17.82 *	$17.90	+71.1%	—	142152107
POOL	POOL CORP	17,400	$3.739M	0.7%	$214.89 *	$199.54	-18.9%	—	73278L105
VSH	VISHAY INTERTECHNOLOGY INC	66,550	$3.579M	0.7%	$53.78 *	$40.91	-20.4%	—	928298108
CRH	CRH PLC	31,900	$3.413M	0.6%	$106.99 *	$110.00	-24.7%	—	G25508105
ARM	ARM HOLDINGS PLC	8,300	$2.943M	0.5%	$354.58 *	$265.90	+8.9%	—	042068205
HON	HONEYWELL INTL INC	11,900	$2.664M	0.5%	$223.87	$223.87	—	—	438516205
HONA	HONEYWELL AEROSPACE INC	11,900	$2.631M	0.5%	$221.09 *	$240.18	-35.5%	—	43849R105
YUM	YUM BRANDS INC	16,000	$2.558M	0.5%	$159.88 *	$154.88	-12.0%	—	988498101
COHR	COHERENT CORP	6,400	$2.525M	0.5%	$394.53 *	$353.72	-18.6%	—	19247G107
RDDT	REDDIT INC	14,200	$2.465M	0.5%	$173.59 *	$162.97	-12.6%	—	75734B100
TWST	TWIST BIOSCIENCE CORP	23,800	$2.449M	0.4%	$102.90 *	$47.28	+308.7%	—	90184D100
AKAM	AKAMAI TECHNOLOGIES INC	18,000	$2.128M	0.4%	$118.22 *	$124.50	-14.6%	—	00971T101
VICR	VICOR CORP	5,500	$2.089M	0.4%	$379.82 *	$273.05	+5.8%	—	925815102
GEV	GE VERNOVA INC	1,700	$1.997M	0.4%	$1174.71 *	$1020.67	-6.9%	—	36828A101
REGN	REGENERON PHARMACEUTICALS	3,000	$1.871M	0.3%	$623.67 *	$680.68	+11.4%	—	75886F107
TSEM	TOWER SEMICONDUCTOR LTD	6,800	$1.772M	0.3%	$260.59 *	$239.61	-5.1%	—	M87915274
PWR	QUANTA SVCS INC	2,300	$1.656M	0.3%	$720.00 *	$683.53	-6.0%	—	74762E102
MOD	MODINE MFG CO	5,900	$1.575M	0.3%	$266.95 *	$188.25	-0.6%	—	607828100
LITE	LUMENTUM HLDGS INC	1,800	$1.545M	0.3%	$858.33 *	$892.05	+8.9%	—	55024U109
VECO	VEECO INSTRS INC DEL	20,000	$1.516M	0.3%	$75.80 *	$57.02	-9.0%	—	922417100
SMTC	SEMTECH CORP	9,100	$1.473M	0.3%	$161.87 *	$82.25	+116.8%	—	816850101
TCOM	TRIP COM GROUP LTD	32,600	$1.299M	0.2%	$39.85	$58.29	-32.9%	—	89677Q107
RBLX	ROBLOX CORP	22,200	$1.207M	0.2%	$54.37 *	$49.75	-14.8%	—	771049103
ON	ON SEMICONDUCTOR CORP	12,600	$1.191M	0.2%	$94.52 *	$102.53	-25.0%	—	682189105
INIO	INNIO NV	27,000	$1.068M	0.2%	$39.56 *	$35.96	-49.6%	—	N52A8C105
AEIS	ADVANCED ENERGY INDS	1,566	$584K	0.1%	$372.92 *	$349.69	-19.4%	—	007973100
EVC	ENTRAVISION COMMUNICATIONS C	33,472	$436K	0.1%	$13.03 *	$7.09	+3.7%	—	29382R107
FVRR	FIVERR INTL LTD	10,742	$111K	0.0%	$10.33 *	$10.63	-18.9%	—	M4R82T106

Decreased Positions (16)

AMZN AMAZON COM INC 1.8%

Value $9.784M (-68.3%) Shares 39,269 (-69.7%) Share Price $249.15 Est. Cost/Share $212.50 Unrealized @ Report Date +17.2%

MSFT MICROSOFT CORP 3.0%

Value $16.11M (-48.9%) Shares 31,400 (-62.8%) Share Price $512.90 Est. Cost/Share $442.43 Unrealized @ Report Date +15.9%

APP APPLOVIN CORP 1.5%

Value $7.987M (-50.6%) Shares 27,500 (-12.4%) Share Price $290.44 Est. Cost/Share $489.80 Unrealized @ Report Date -40.7%

AMAT APPLIED MATLS INC 1.0%

Value $5.326M (-53.1%) Shares 10,415 (-33.7%) Share Price $511.38 Est. Cost/Share $461.39 Unrealized @ Report Date +10.8%

BABA ALIBABA GROUP HLDG LTD 0.8%

Value $4.517M (-56.4%) Shares 42,000 (-61.1%) Share Price $107.55 Est. Cost/Share $150.69 Unrealized @ Report Date -28.6%

GOOGL ALPHABET INC 5.3%

Value $29.03M (-13.4%) Shares 84,375 (-10.0%) Share Price $344.08 Est. Cost/Share $311.04 Unrealized @ Report Date +10.6%

META META PLATFORMS INC 4.2%

Value $22.63M (-11.9%) Shares 31,200 (-31.5%) Share Price $725.19 Est. Cost/Share $648.35 Unrealized @ Report Date +11.8%

STM STMICROELECTRONICS N V 0.9%

Value $5.032M (-37.0%) Shares 94,300 (-11.5%) Share Price $53.36 Est. Cost/Share $60.14 Unrealized @ Report Date -11.3%

HUBS HUBSPOT INC 0.8%

Value $4.221M (-38.3%) Shares 20,594 (-45.1%) Share Price $204.96 Est. Cost/Share $234.94 Unrealized @ Report Date -12.8%

IWM ISHARES TR 0.6%

Value $3.122M (-37.3%) Shares 11,235 (-32.2%) Share Price $277.88 Est. Cost/Share $281.01 Unrealized @ Report Date -1.1%

VRT VERTIV HOLDINGS CO 0.0%

Value $181K (-90.0%) Shares 750 (-86.1%) Share Price $241.33 Est. Cost/Share $317.15 Unrealized @ Report Date -23.9%

HSAI HESAI GROUP 1.1%

Value $6.236M (-20.6%) Shares 390,974 (-9.3%) Share Price $15.95 Est. Cost/Share $21.26 Unrealized @ Report Date -25.0%

AAPL APPLE INC 2.8%

Value $15.25M (+8.7%) Shares 45,800 (-5.6%) Share Price $333.01 Est. Cost/Share $264.19 Unrealized @ Report Date +26.1%

CRM SALESFORCE INC 0.8%

Value $4.591M (-16.3%) Shares 20,000 (-42.9%) Share Price $229.55 Est. Cost/Share $274.95 Unrealized @ Report Date -16.5%

DUOL DUOLINGO INC 0.6%

Value $3.133M (-7.4%) Shares 22,000 (-25.2%) Share Price $142.41 Est. Cost/Share $109.47 Unrealized @ Report Date +30.1%

SMCI SUPER MICRO COMPUTER INC 0.1%

Value $730K (-19.9%) Shares 17,770 (-42.8%) Share Price $41.08 Est. Cost/Share $31.86 Unrealized @ Report Date +28.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AMZN	AMAZON COM INC	39,269 (-69.7%)	$9.784M (-68.3%)	1.8%	$249.15	$212.50	+17.2%	COM	023135106
MSFT	MICROSOFT CORP	31,400 (-62.8%)	$16.11M (-48.9%)	3.0%	$512.90	$442.43	+15.9%	COM	594918104
APP	APPLOVIN CORP	27,500 (-12.4%)	$7.987M (-50.6%)	1.5%	$290.44	$489.80	-40.7%	COM CL A	03831W108
AMAT	APPLIED MATLS INC	10,415 (-33.7%)	$5.326M (-53.1%)	1.0%	$511.38	$461.39	+10.8%	COM	038222105
BABA	ALIBABA GROUP HLDG LTD	42,000 (-61.1%)	$4.517M (-56.4%)	0.8%	$107.55	$150.69	-28.6%	SPONSORED ADS	01609W102
GOOGL	ALPHABET INC	84,375 (-10.0%)	$29.03M (-13.4%)	5.3%	$344.08	$311.04	+10.6%	CAP STK CL A	02079K305
META	META PLATFORMS INC	31,200 (-31.5%)	$22.63M (-11.9%)	4.2%	$725.19	$648.35	+11.8%	CL A	30303M102
STM	STMICROELECTRONICS N V	94,300 (-11.5%)	$5.032M (-37.0%)	0.9%	$53.36	$60.14	-11.3%	NY REGISTRY	861012102
HUBS	HUBSPOT INC	20,594 (-45.1%)	$4.221M (-38.3%)	0.8%	$204.96	$234.94	-12.8%	COM	443573100
IWM	ISHARES TR	11,235 (-32.2%)	$3.122M (-37.3%)	0.6%	$277.88	$281.01	-1.1%	RUSSELL 2000 ETF	464287655
VRT	VERTIV HOLDINGS CO	750 (-86.1%)	$181K (-90.0%)	0.0%	$241.33	$317.15	-23.9%	COM CL A	92537N108
HSAI	HESAI GROUP	390,974 (-9.3%)	$6.236M (-20.6%)	1.1%	$15.95	$21.26	-25.0%	SPONSORED ADS	428050108
AAPL	APPLE INC	45,800 (-5.6%)	$15.25M (+8.7%)	2.8%	$333.01	$264.19	+26.1%	COM	037833100
CRM	SALESFORCE INC	20,000 (-42.9%)	$4.591M (-16.3%)	0.8%	$229.55	$274.95	-16.5%	COM	79466L302
DUOL	DUOLINGO INC	22,000 (-25.2%)	$3.133M (-7.4%)	0.6%	$142.41	$109.47	+30.1%	CL A COM	26603R106
SMCI	SUPER MICRO COMPUTER INC	17,770 (-42.8%)	$730K (-19.9%)	0.1%	$41.08	$31.86	+28.9%	COM NEW	86800U302

Unchanged Positions (7)

UPST UPSTART HLDGS INC 0.8%

Value $4.446M Shares 193,400 Share Price $22.99 Est. Cost/Share $46.04 Unrealized @ Report Date -50.1%

PANW PALO ALTO NETWORKS INC 0.7%

Value $3.973M Shares 10,000 Share Price $397.30 Est. Cost/Share $213.80 Unrealized @ Report Date +85.8%

TSLA TESLA INC 0.5%

Value $2.853M Shares 8,040 Share Price $354.85 Est. Cost/Share $374.88 Unrealized @ Report Date -5.4%

VST VISTRA CORP 0.5%

Value $2.781M Shares 20,100 Share Price $138.36 Est. Cost/Share $155.14 Unrealized @ Report Date -10.8%

GDS GDS HLDGS LTD 1.0%

Value $5.715M Shares 183,000 Share Price $31.23 Est. Cost/Share $35.68 Unrealized @ Report Date -12.5%

NFLX NETFLIX INC 1.0%

Value $5.406M Shares 77,700 Share Price $69.58 Est. Cost/Share $101.91 Unrealized @ Report Date -31.7%

KC KINGSOFT CLOUD HLDGS LTD 0.6%

Value $3.124M Shares 342,500 Share Price $9.12 Est. Cost/Share $13.39 Unrealized @ Report Date -31.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
UPST	UPSTART HLDGS INC	193,400	$4.446M	0.8%	$22.99	$46.04	-50.1%	COM	91680M107
PANW	PALO ALTO NETWORKS INC	10,000	$3.973M	0.7%	$397.30	$213.80	+85.8%	COM	697435105
TSLA	TESLA INC	8,040	$2.853M	0.5%	$354.85	$374.88	-5.4%	COM	88160R101
VST	VISTRA CORP	20,100	$2.781M	0.5%	$138.36	$155.14	-10.8%	COM	92840M102
GDS	GDS HLDGS LTD	183,000	$5.715M	1.0%	$31.23	$35.68	-12.5%	SPONSORED ADS	36165L108
NFLX	NETFLIX INC	77,700	$5.406M	1.0%	$69.58	$101.91	-31.7%	COM	64110L106
KC	KINGSOFT CLOUD HLDGS LTD	342,500	$3.124M	0.6%	$9.12	$13.39	-31.9%	ADS	49639K101