PINNBROOK CAPITAL MANAGEMENT LP Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TLT	ISHARES TR	1,290,000	$112,436	15.7%	—	—	PUT	464287432
SMH	VANECK ETF TRUST	63,200	$22,760	3.2%	—	—	PUT	92189F676
AMZN	AMAZON COM INC	93,000	$21,466	3.0%	$221.48	+3.3%	CALL	023135106
TSM	TAIWAN SEMICONDUCTOR MFG LTD	65,900	$20,026	2.8%	$271.50	—	CALL	874039100
IEF	ISHARES TR	193,634	$18,620	2.6%	$96.16	—	7-10 YR TRSY BD	464287440
FCX	FREEPORT-MCMORAN INC	330,000	$16,761	2.3%	—	—	CALL	35671D857
NU	NU HLDGS LTD	894,000	$14,966	2.1%	$16.07	0.0%	CALL	G6683N103
AA	ALCOA CORP	270,000	$14,348	2.0%	$40.88	0.0%	CALL	013872106
MDB	MONGODB INC	30,600	$12,843	1.8%	$257.06	+41.5%	CALL	60937P106
XLV	SELECT SECTOR SPDR TR	76,294	$11,810	1.7%	$154.80	—	STATE STREET HEA	81369Y209
AME	AMETEK INC	52,161	$10,709	1.5%	$194.36	0.0%	COM	031100100
CX	CEMEX SAB DE CV	928,505	$10,669	1.5%	$11.49	—	SPON ADR NEW	151290889
DHR	DANAHER CORPORATION	43,387	$9,932	1.4%	$219.54	0.0%	COM	235851102
EMBJ	EMBRAER S.A.	146,500	$9,430	1.3%	$58.38	—	CALL	29082A107
CRWV	COREWEAVE INC	127,800	$9,152	1.3%	—	—	CALL	21873S108
MU	MICRON TECHNOLOGY INC	32,000	$9,133	1.3%	$171.25	+33.9%	CALL	595112103
MKSI	MKS INC.	55,298	$8,837	1.2%	$148.21	0.0%	COM	55306N104
MS	MORGAN STANLEY	46,839	$8,315	1.2%	$166.47	0.0%	COM NEW	617446448
RAL	RALLIANT CORP	154,740	$7,878	1.1%	$46.87	0.0%	COM	750940108
WAB	WABTEC	36,275	$7,743	1.1%	$205.33	0.0%	COM	929740108
LIN	LINDE PLC	17,641	$7,522	1.1%	$427.28	0.0%	SHS	G54950103
RTX	RTX CORPORATION	40,062	$7,347	1.0%	$173.32	0.0%	COM	75513E101
CSCO	CISCO SYS INC	91,265	$7,030	1.0%	$73.79	0.0%	COM	17275R102
LITE	LUMENTUM HLDGS INC	18,000	$6,635	0.9%	$256.82	0.0%	CALL	55024U109
WDC	WESTERN DIGITAL CORP	38,000	$6,546	0.9%	$81.60	+85.7%	CALL	958102105
PH	PARKER-HANNIFIN CORP	7,216	$6,343	0.9%	$817.77	0.0%	COM	701094104
LITE	LUMENTUM HLDGS INC	16,919	$6,236	0.9%	$256.82	0.0%	COM	55024U109
GIL	GILDAN ACTIVEWEAR INC	94,948	$5,930	0.8%	$59.45	0.0%	COM	375916103
PEP	PEPSICO INC	35,700	$5,124	0.7%	$145.91	0.0%	CALL	713448108
C	CITIGROUP INC	41,882	$4,887	0.7%	$103.64	0.0%	COM NEW	172967424
TMO	THERMO FISHER SCIENTIFIC INC	8,291	$4,804	0.7%	$565.16	0.0%	COM	883556102
SPGI	S&P GLOBAL INC	8,809	$4,603	0.6%	$494.21	0.0%	COM	78409V104
CIEN	CIENA CORP	19,165	$4,482	0.6%	$194.00	0.0%	COM NEW	171779309
FIVE	FIVE BELOW INC	22,159	$4,174	0.6%	$162.56	0.0%	COM	33829M101
ROST	ROSS STORES INC	22,481	$4,050	0.6%	$166.60	0.0%	COM	778296103
BA	BOEING CO	18,363	$3,987	0.6%	$205.66	0.0%	COM	097023105
ALSN	ALLISON TRANSMISSION HLDGS I	40,092	$3,925	0.5%	$87.50	0.0%	COM	01973R101
AER	AERCAP HOLDINGS NV	26,635	$3,829	0.5%	$132.45	0.0%	SHS	N00985106
FWONK	LIBERTY MEDIA CORP DEL	36,319	$3,578	0.5%	$98.51	—	COM LBTY ONE S C	531229755
CEG	CONSTELLATION ENERGY CORP	10,000	$3,533	0.5%	—	—	CALL	21037T109
AMAT	APPLIED MATLS INC	13,303	$3,419	0.5%	$239.49	0.0%	COM	038222105
AAPL	APPLE INC	12,500	$3,398	0.5%	$225.58	+19.0%	CALL	037833100
HUBG	HUB GROUP INC	79,491	$3,387	0.5%	$38.02	0.0%	CL A	443320106
HII	HUNTINGTON INGALLS INDS INC	8,599	$2,924	0.4%	$309.50	0.0%	COM	446413106
FOXA	FOX CORP	34,570	$2,526	0.4%	$65.34	0.0%	CL A COM	35137L105
COF	CAPITAL ONE FINL CORP	10,293	$2,495	0.3%	$222.19	0.0%	COM	14040H105
PEP	PEPSICO INC	16,364	$2,349	0.3%	$145.91	0.0%	COM	713448108
KO	COCA COLA CO	32,667	$2,284	0.3%	$69.40	0.0%	COM	191216100
NVO	NOVO-NORDISK A S	39,141	$1,991	0.3%	$50.88	—	ADR	670100205
AS	AMER SPORTS INC	41,476	$1,549	0.2%	$34.31	0.0%	COM SHS	G0260P102
NU	NU HLDGS LTD	82,060	$1,374	0.2%	$16.07	0.0%	ORD SHS CL A	G6683N103
TSLA	TESLA INC	2,393	$1,076	0.2%	$443.29	0.0%	COM	88160R101
AA	ALCOA CORP	18,436	$980	0.1%	$40.88	0.0%	COM	013872106
EXPD	EXPEDITORS INTL WASH INC	6,561	$978	0.1%	$135.64	0.0%	COM	302130109

Increased Positions (19)

RBC RBC BEARINGS INC 1.7%

Value ($000) $11,818 (+1062.0%) Shares 26,355 (+911.3%) Est. Cost $420.11 Unrealized +0.8%

EWZ ISHARES INC 2.6%

Value ($000) $18,808 (+61.8%) Shares 592,000 (+57.9%) Est. Cost — Unrealized —

CRS CARPENTER TECHNOLOGY CORP 1.5%

Value ($000) $10,526 (+120.7%) Shares 33,432 (+72.1%) Est. Cost $252.28 Unrealized +19.1%

CCL CARNIVAL CORP 1.4%

Value ($000) $9,767 (+143.1%) Shares 319,796 (+130.1%) Est. Cost $28.57 Unrealized -2.4%

WWD WOODWARD INC 1.1%

Value ($000) $7,749 (+281.1%) Shares 25,631 (+218.6%) Est. Cost $246.29 Unrealized +11.6%

NTRA NATERA INC 1.3%

Value ($000) $9,595 (+66.0%) Shares 41,882 (+16.6%) Est. Cost $165.38 Unrealized +26.1%

EAT BRINKER INTL INC 0.7%

Value ($000) $5,042 (+288.3%) Shares 35,130 (+242.7%) Est. Cost $138.56 Unrealized -5.5%

HUT HUT 8 CORP 0.7%

Value ($000) $5,030 (+290.6%) Shares 109,500 (+195.9%) Est. Cost $25.41 Unrealized +73.4%

GOOGL ALPHABET INC 1.0%

Value ($000) $6,856 (+79.4%) Shares 21,903 (+39.4%) Est. Cost $230.78 Unrealized +23.8%

MU MICRON TECHNOLOGY INC 0.6%

Value ($000) $4,520 (+198.1%) Shares 15,837 (+74.8%) Est. Cost $171.25 Unrealized +33.9%

TEVA TEVA PHARMACEUTICAL INDS LTD 0.4%

Value ($000) $3,023 (+4945.2%) Shares 96,851 (+3165.4%) Est. Cost $30.87 Unrealized —

CRH CRH PLC 0.7%

Value ($000) $5,096 (+63.8%) Shares 40,831 (+57.4%) Est. Cost $110.53 Unrealized +7.8%

TJX TJX COS INC NEW 0.6%

Value ($000) $4,552 (+70.0%) Shares 29,635 (+59.9%) Est. Cost $138.06 Unrealized +7.0%

SPHR SPHERE ENTERTAINMENT CO 0.7%

Value ($000) $4,731 (+55.4%) Shares 49,759 (+1.5%) Est. Cost $47.63 Unrealized +60.0%

MRK MERCK & CO INC 0.3%

Value ($000) $2,450 (+144.8%) Shares 23,280 (+95.2%) Est. Cost $86.98 Unrealized +7.2%

WBS WEBSTER FINL CORP 0.5%

Value ($000) $3,423 (+51.8%) Shares 54,380 (+43.4%) Est. Cost $59.52 Unrealized -0.2%

CCJ CAMECO CORP 0.3%

Value ($000) $1,953 (+144.5%) Shares 21,343 (+124.1%) Est. Cost $73.57 Unrealized +22.2%

HAS HASBRO INC 0.6%

Value ($000) $3,970 (+30.8%) Shares 48,419 (+20.9%) Est. Cost $64.44 Unrealized +21.1%

RDDT REDDIT INC 0.3%

Value ($000) $1,993 (+4.9%) Shares 8,670 (+4.9%) Est. Cost $204.38 Unrealized +2.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RBC	RBC BEARINGS INC	26,355 (+911.3%)	$11,818 (+1062.0%)	1.7%	$420.11	+0.8%	COM	75524B104
EWZ	ISHARES INC	592,000 (+57.9%)	$18,808 (+61.8%)	2.6%	—	—	CALL	464286400
CRS	CARPENTER TECHNOLOGY CORP	33,432 (+72.1%)	$10,526 (+120.7%)	1.5%	$252.28	+19.1%	COM	144285103
CCL	CARNIVAL CORP	319,796 (+130.1%)	$9,767 (+143.1%)	1.4%	$28.57	-2.4%	UNIT 99/99/9999	143658300
WWD	WOODWARD INC	25,631 (+218.6%)	$7,749 (+281.1%)	1.1%	$246.29	+11.6%	COM	980745103
NTRA	NATERA INC	41,882 (+16.6%)	$9,595 (+66.0%)	1.3%	$165.38	+26.1%	COM	632307104
EAT	BRINKER INTL INC	35,130 (+242.7%)	$5,042 (+288.3%)	0.7%	$138.56	-5.5%	COM	109641100
HUT	HUT 8 CORP	109,500 (+195.9%)	$5,030 (+290.6%)	0.7%	$25.41	+73.4%	CALL	44812J104
GOOGL	ALPHABET INC	21,903 (+39.4%)	$6,856 (+79.4%)	1.0%	$230.78	+23.8%	CAP STK CL A	02079K305
MU	MICRON TECHNOLOGY INC	15,837 (+74.8%)	$4,520 (+198.1%)	0.6%	$171.25	+33.9%	COM	595112103
TEVA	TEVA PHARMACEUTICAL INDS LTD	96,851 (+3165.4%)	$3,023 (+4945.2%)	0.4%	$30.87	—	SPONSORED ADS	881624209
CRH	CRH PLC	40,831 (+57.4%)	$5,096 (+63.8%)	0.7%	$110.53	+7.8%	ORD	G25508105
TJX	TJX COS INC NEW	29,635 (+59.9%)	$4,552 (+70.0%)	0.6%	$138.06	+7.0%	COM	872540109
SPHR	SPHERE ENTERTAINMENT CO	49,759 (+1.5%)	$4,731 (+55.4%)	0.7%	$47.63	+60.0%	CL A	55826T102
MRK	MERCK & CO INC	23,280 (+95.2%)	$2,450 (+144.8%)	0.3%	$86.98	+7.2%	COM	58933Y105
WBS	WEBSTER FINL CORP	54,380 (+43.4%)	$3,423 (+51.8%)	0.5%	$59.52	-0.2%	COM	947890109
CCJ	CAMECO CORP	21,343 (+124.1%)	$1,953 (+144.5%)	0.3%	$73.57	+22.2%	COM	13321L108
HAS	HASBRO INC	48,419 (+20.9%)	$3,970 (+30.8%)	0.6%	$64.44	+21.1%	COM	418056107
RDDT	REDDIT INC	8,670 (+4.9%)	$1,993 (+4.9%)	0.3%	$204.38	+2.9%	CL A	75734B100

Exited Positions (88)

MSFT MICROSOFT CORP 12.1%

Value ($000) $86,601 Shares 167,200 Est. Cost $468.65 Unrealized +6.8%

CHRW C H ROBINSON WORLDWIDE INC 7.6%

Value ($000) $54,152 Shares 409,000 Est. Cost $116.46 Unrealized +26.5%

GEV GE VERNOVA INC 3.5%

Value ($000) $25,211 Shares 41,000 Est. Cost $425.34 Unrealized +43.2%

ORCL ORACLE CORP 3.4%

Value ($000) $23,990 Shares 85,300 Est. Cost $160.80 Unrealized +48.0%

EAT BRINKER INTL INC 2.5%

Value ($000) $18,014 Shares 142,200 Est. Cost $138.56 Unrealized -5.5%

RCL ROYAL CARIBBEAN GROUP 2.2%

Value ($000) $15,855 Shares 49,000 Est. Cost $332.02 Unrealized -15.2%

ADSK AUTODESK INC 2.2%

Value ($000) $15,661 Shares 49,300 Est. Cost $304.73 Unrealized -0.7%

META META PLATFORMS INC 2.2%

Value ($000) $15,617 Shares 21,266 Est. Cost $653.49 Unrealized +2.1%

WULF TERAWULF INC 1.9%

Value ($000) $13,704 Shares 1,200,000 Est. Cost — Unrealized —

MLM MARTIN MARIETTA MATLS INC 1.9%

Value ($000) $13,287 Shares 21,081 Est. Cost $559.09 Unrealized +11.1%

NVT NVENT ELECTRIC PLC 1.4%

Value ($000) $10,134 Shares 102,736 Est. Cost $86.47 Unrealized +19.8%

CCL CARNIVAL CORP 1.4%

Value ($000) $9,757 Shares 337,500 Est. Cost $28.57 Unrealized -2.4%

TLN TALEN ENERGY CORP 1.3%

Value ($000) $9,073 Shares 21,329 Est. Cost $361.29 Unrealized +7.6%

AMZN AMAZON COM INC 1.3%

Value ($000) $8,978 Shares 40,890 Est. Cost $221.48 Unrealized +3.3%

META META PLATFORMS INC 1.3%

Value ($000) $8,959 Shares 12,200 Est. Cost $653.49 Unrealized +2.1%

PIPR PIPER SANDLER COMPANIES 1.2%

Value ($000) $8,402 Shares 24,214 Est. Cost $326.18 Unrealized +3.6%

ORCL ORACLE CORP 1.1%

Value ($000) $8,191 Shares 29,124 Est. Cost $160.80 Unrealized +48.0%

TEVA TEVA PHARMACEUTICAL INDS LTD 1.1%

Value ($000) $8,181 Shares 405,000 Est. Cost $30.87 Unrealized —

APH AMPHENOL CORP NEW 1.1%

Value ($000) $8,075 Shares 65,253 Est. Cost $95.96 Unrealized +39.2%

HD HOME DEPOT INC 1.1%

Value ($000) $8,051 Shares 19,869 Est. Cost $389.16 Unrealized -6.3%

NFLX NETFLIX INC 1.1%

Value ($000) $8,006 Shares 6,678 Est. Cost $113.68 Unrealized -5.2%

LYV LIVE NATION ENTERTAINMENT IN 1.1%

Value ($000) $7,966 Shares 48,753 Est. Cost $146.61 Unrealized -2.0%

MIR MIRION TECHNOLOGIES INC 1.1%

Value ($000) $7,794 Shares 335,070 Est. Cost $21.62 Unrealized +15.4%

MOD MODINE MFG CO 1.0%

Value ($000) $6,924 Shares 48,703 Est. Cost $127.24 Unrealized +17.1%

WMT WALMART INC 0.9%

Value ($000) $6,754 Shares 65,533 Est. Cost $99.23 Unrealized +8.0%

T AT&T INC 0.9%

Value ($000) $6,746 Shares 238,895 Est. Cost $24.73 Unrealized +2.3%

CCJ CAMECO CORP 0.9%

Value ($000) $6,625 Shares 79,000 Est. Cost $73.57 Unrealized +22.2%

AAPL APPLE INC 0.9%

Value ($000) $6,557 Shares 25,751 Est. Cost $225.58 Unrealized +19.0%

ROAD CONSTRUCTION PARTNERS INC 0.9%

Value ($000) $6,277 Shares 49,422 Est. Cost $114.16 Unrealized -1.4%

BABA ALIBABA GROUP HLDG LTD 0.9%

Value ($000) $6,256 Shares 35,000 Est. Cost $178.73 Unrealized —

HEI HEICO CORP NEW 0.8%

Value ($000) $5,558 Shares 17,218 Est. Cost $243.50 Unrealized +29.8%

SE SEA LTD 0.8%

Value ($000) $5,553 Shares 31,070 Est. Cost $178.73 Unrealized —

CDNS CADENCE DESIGN SYSTEM INC 0.8%

Value ($000) $5,517 Shares 15,705 Est. Cost $344.03 Unrealized -5.1%

CRDO CREDO TECHNOLOGY GROUP HOLDI 0.8%

Value ($000) $5,373 Shares 36,898 Est. Cost $122.39 Unrealized +25.7%

BE BLOOM ENERGY CORP 0.7%

Value ($000) $5,159 Shares 61,000 Est. Cost $46.44 Unrealized +126.3%

GDX VANECK ETF TRUST 0.7%

Value ($000) $4,974 Shares 65,108 Est. Cost $76.40 Unrealized —

AIT APPLIED INDL TECHNOLOGIES IN 0.7%

Value ($000) $4,941 Shares 18,927 Est. Cost $261.21 Unrealized -2.3%

LHX L3HARRIS TECHNOLOGIES INC 0.7%

Value ($000) $4,887 Shares 16,000 Est. Cost — Unrealized —

RCL ROYAL CARIBBEAN GROUP 0.6%

Value ($000) $4,639 Shares 14,338 Est. Cost $332.02 Unrealized -15.2%

BMNR BITMINE IMMERSION TECNOLOGIE 0.6%

Value ($000) $4,593 Shares 88,438 Est. Cost $50.65 Unrealized -20.0%

RIVN RIVIAN AUTOMOTIVE INC 0.6%

Value ($000) $4,404 Shares 300,000 Est. Cost — Unrealized —

WIX WIX COM LTD 0.6%

Value ($000) $4,349 Shares 24,486 Est. Cost $150.49 Unrealized -19.7%

KRMN KARMAN HLDGS INC 0.6%

Value ($000) $4,058 Shares 56,200 Est. Cost $54.85 Unrealized +32.0%

UNP UNION PAC CORP 0.6%

Value ($000) $4,057 Shares 17,162 Est. Cost $223.15 Unrealized +1.9%

HPE HEWLETT PACKARD ENTERPRISE C 0.6%

Value ($000) $4,038 Shares 164,407 Est. Cost $21.88 Unrealized +7.1%

GFL GFL ENVIRONMENTAL INC 0.6%

Value ($000) $4,037 Shares 85,214 Est. Cost $46.47 Unrealized -3.9%

APP APPLOVIN CORP 0.6%

Value ($000) $4,037 Shares 5,618 Est. Cost $461.14 Unrealized +36.6%

SNOW SNOWFLAKE INC 0.5%

Value ($000) $3,903 Shares 17,305 Est. Cost $210.34 Unrealized +16.0%

CVCO CAVCO INDS INC DEL 0.5%

Value ($000) $3,866 Shares 6,657 Est. Cost $489.00 Unrealized +15.9%

UNH UNITEDHEALTH GROUP INC 0.5%

Value ($000) $3,789 Shares 10,974 Est. Cost $298.94 Unrealized +12.8%

GLW CORNING INC 0.5%

Value ($000) $3,772 Shares 45,980 Est. Cost $64.97 Unrealized +32.3%

ETR ENTERGY CORP NEW 0.5%

Value ($000) $3,633 Shares 38,990 Est. Cost $87.11 Unrealized +8.5%

FAST FASTENAL CO 0.5%

Value ($000) $3,272 Shares 66,713 Est. Cost $46.94 Unrealized -10.5%

RCL ROYAL CARIBBEAN GROUP 0.5%

Value ($000) $3,236 Shares 10,000 Est. Cost $332.02 Unrealized -15.2%

HUT HUT 8 CORP 0.4%

Value ($000) $3,158 Shares 90,724 Est. Cost $25.41 Unrealized +73.4%

CMI CUMMINS INC 0.4%

Value ($000) $3,132 Shares 7,415 Est. Cost $380.68 Unrealized +22.5%

GE GE AEROSPACE 0.4%

Value ($000) $3,064 Shares 10,186 Est. Cost $219.53 Unrealized +37.0%

SCCO SOUTHERN COPPER CORP 0.4%

Value ($000) $3,020 Shares 24,882 Est. Cost $97.73 Unrealized +35.8%

KTOS KRATOS DEFENSE & SEC SOLUTIO 0.4%

Value ($000) $3,004 Shares 32,877 Est. Cost $64.04 Unrealized +27.8%

GXO GXO LOGISTICS INCORPORATED 0.4%

Value ($000) $2,961 Shares 55,988 Est. Cost $51.42 Unrealized +2.2%

CAT CATERPILLAR INC 0.4%

Value ($000) $2,747 Shares 5,758 Est. Cost $330.84 Unrealized +67.9%

SNDK SANDISK CORP 0.4%

Value ($000) $2,614 Shares 23,300 Est. Cost $58.39 Unrealized +243.0%

KMI KINDER MORGAN INC DEL 0.4%

Value ($000) $2,564 Shares 90,584 Est. Cost $26.70 Unrealized +0.8%

WMB WILLIAMS COS INC 0.3%

Value ($000) $2,495 Shares 39,389 Est. Cost $51.72 Unrealized +16.1%

COIN COINBASE GLOBAL INC 0.3%

Value ($000) $2,464 Shares 7,300 Est. Cost $339.07 Unrealized -12.1%

DB DEUTSCHE BANK A G 0.3%

Value ($000) $2,419 Shares 68,314 Est. Cost $34.09 Unrealized +5.9%

TAC TRANSALTA CORP 0.3%

Value ($000) $2,354 Shares 172,238 Est. Cost $12.30 Unrealized +21.4%

ADI ANALOG DEVICES INC 0.3%

Value ($000) $2,034 Shares 8,277 Est. Cost $238.95 Unrealized +4.9%

WTW WILLIS TOWERS WATSON PLC LTD 0.3%

Value ($000) $2,021 Shares 5,851 Est. Cost $322.11 Unrealized +1.4%

PSTG PURE STORAGE INC 0.3%

Value ($000) $2,012 Shares 24,003 Est. Cost $66.50 Unrealized +25.6%

OKLO OKLO INC 0.3%

Value ($000) $1,995 Shares 17,870 Est. Cost $78.30 Unrealized +42.4%

RBLX ROBLOX CORP 0.3%

Value ($000) $1,995 Shares 14,399 Est. Cost $124.28 Unrealized -14.6%

IBM INTERNATIONAL BUSINESS MACHS 0.3%

Value ($000) $1,968 Shares 6,976 Est. Cost $259.55 Unrealized +15.1%

RIOT RIOT PLATFORMS INC 0.3%

Value ($000) $1,860 Shares 97,729 Est. Cost $13.85 Unrealized +23.5%

NBIS NEBIUS GROUP N.V. 0.3%

Value ($000) $1,851 Shares 16,488 Est. Cost $69.43 Unrealized +49.3%

STX SEAGATE TECHNOLOGY HLDNGS PL 0.2%

Value ($000) $1,604 Shares 6,795 Est. Cost $102.43 Unrealized +152.8%

BABA ALIBABA GROUP HLDG LTD 0.2%

Value ($000) $1,569 Shares 8,781 Est. Cost $178.73 Unrealized —

GDS GDS HLDGS LTD 0.2%

Value ($000) $1,377 Shares 35,579 Est. Cost $38.70 Unrealized —

HTZ HERTZ GLOBAL HLDGS INC 0.2%

Value ($000) $1,360 Shares 200,000 Est. Cost — Unrealized —

L LOEWS CORP 0.2%

Value ($000) $1,119 Shares 11,143 Est. Cost $94.44 Unrealized +9.3%

BE BLOOM ENERGY CORP 0.2%

Value ($000) $1,112 Shares 13,148 Est. Cost $46.44 Unrealized +126.3%

AON AON PLC 0.1%

Value ($000) $1,004 Shares 2,815 Est. Cost $361.49 Unrealized -3.4%

U UNITY SOFTWARE INC 0.1%

Value ($000) $907 Shares 22,646 Est. Cost $37.08 Unrealized +9.9%

ESLT ELBIT SYS LTD 0.1%

Value ($000) $793 Shares 1,556 Est. Cost $467.26 Unrealized +7.1%

COIN COINBASE GLOBAL INC 0.1%

Value ($000) $778 Shares 2,304 Est. Cost $339.07 Unrealized -12.1%

SIL GLOBAL X FDS 0.1%

Value ($000) $766 Shares 10,697 Est. Cost $71.63 Unrealized —

ADSK AUTODESK INC 0.1%

Value ($000) $599 Shares 1,887 Est. Cost $304.73 Unrealized -0.7%

MT ARCELORMITTAL SA LUXEMBOURG 0.1%

Value ($000) $539 Shares 14,907 Est. Cost $36.15 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	167,200	$86,601	12.1%	$468.65	+6.8%	CALL	594918104
CHRW	C H ROBINSON WORLDWIDE INC	409,000	$54,152	7.6%	$116.46	+26.5%	CALL	12541W209
GEV	GE VERNOVA INC	41,000	$25,211	3.5%	$425.34	+43.2%	CALL	36828A101
ORCL	ORACLE CORP	85,300	$23,990	3.4%	$160.80	+48.0%	CALL	68389X105
EAT	BRINKER INTL INC	142,200	$18,014	2.5%	$138.56	-5.5%	CALL	109641100
RCL	ROYAL CARIBBEAN GROUP	49,000	$15,855	2.2%	$332.02	-15.2%	CALL	V7780T103
ADSK	AUTODESK INC	49,300	$15,661	2.2%	$304.73	-0.7%	CALL	052769106
META	META PLATFORMS INC	21,266	$15,617	2.2%	$653.49	+2.1%	—	30303M102
WULF	TERAWULF INC	1,200,000	$13,704	1.9%	—	—	CALL	88080T104
MLM	MARTIN MARIETTA MATLS INC	21,081	$13,287	1.9%	$559.09	+11.1%	—	573284106
NVT	NVENT ELECTRIC PLC	102,736	$10,134	1.4%	$86.47	+19.8%	—	G6700G107
CCL	CARNIVAL CORP	337,500	$9,757	1.4%	$28.57	-2.4%	CALL	143658300
TLN	TALEN ENERGY CORP	21,329	$9,073	1.3%	$361.29	+7.6%	—	87422Q109
AMZN	AMAZON COM INC	40,890	$8,978	1.3%	$221.48	+3.3%	—	023135106
META	META PLATFORMS INC	12,200	$8,959	1.3%	$653.49	+2.1%	CALL	30303M102
PIPR	PIPER SANDLER COMPANIES	24,214	$8,402	1.2%	$326.18	+3.6%	—	724078100
ORCL	ORACLE CORP	29,124	$8,191	1.1%	$160.80	+48.0%	—	68389X105
TEVA	TEVA PHARMACEUTICAL INDS LTD	405,000	$8,181	1.1%	$30.87	—	CALL	881624209
APH	AMPHENOL CORP NEW	65,253	$8,075	1.1%	$95.96	+39.2%	—	032095101
HD	HOME DEPOT INC	19,869	$8,051	1.1%	$389.16	-6.3%	—	437076102
NFLX	NETFLIX INC	6,678	$8,006	1.1%	$113.68	-5.2%	—	64110L106
LYV	LIVE NATION ENTERTAINMENT IN	48,753	$7,966	1.1%	$146.61	-2.0%	—	538034109
MIR	MIRION TECHNOLOGIES INC	335,070	$7,794	1.1%	$21.62	+15.4%	—	60471A101
MOD	MODINE MFG CO	48,703	$6,924	1.0%	$127.24	+17.1%	—	607828100
WMT	WALMART INC	65,533	$6,754	0.9%	$99.23	+8.0%	—	931142103
T	AT&T INC	238,895	$6,746	0.9%	$24.73	+2.3%	—	00206R102
CCJ	CAMECO CORP	79,000	$6,625	0.9%	$73.57	+22.2%	CALL	13321L108
AAPL	APPLE INC	25,751	$6,557	0.9%	$225.58	+19.0%	—	037833100
ROAD	CONSTRUCTION PARTNERS INC	49,422	$6,277	0.9%	$114.16	-1.4%	—	21044C107
BABA	ALIBABA GROUP HLDG LTD	35,000	$6,256	0.9%	$178.73	—	CALL	01609W102
HEI	HEICO CORP NEW	17,218	$5,558	0.8%	$243.50	+29.8%	—	422806109
SE	SEA LTD	31,070	$5,553	0.8%	$178.73	—	—	81141R100
CDNS	CADENCE DESIGN SYSTEM INC	15,705	$5,517	0.8%	$344.03	-5.1%	—	127387108
CRDO	CREDO TECHNOLOGY GROUP HOLDI	36,898	$5,373	0.8%	$122.39	+25.7%	—	G25457105
BE	BLOOM ENERGY CORP	61,000	$5,159	0.7%	$46.44	+126.3%	CALL	093712107
GDX	VANECK ETF TRUST	65,108	$4,974	0.7%	$76.40	—	—	92189F106
AIT	APPLIED INDL TECHNOLOGIES IN	18,927	$4,941	0.7%	$261.21	-2.3%	—	03820C105
LHX	L3HARRIS TECHNOLOGIES INC	16,000	$4,887	0.7%	—	—	CALL	502431109
RCL	ROYAL CARIBBEAN GROUP	14,338	$4,639	0.6%	$332.02	-15.2%	—	V7780T103
BMNR	BITMINE IMMERSION TECNOLOGIE	88,438	$4,593	0.6%	$50.65	-20.0%	—	09175A206
RIVN	RIVIAN AUTOMOTIVE INC	300,000	$4,404	0.6%	—	—	CALL	76954A103
WIX	WIX COM LTD	24,486	$4,349	0.6%	$150.49	-19.7%	—	M98068105
KRMN	KARMAN HLDGS INC	56,200	$4,058	0.6%	$54.85	+32.0%	—	485924104
UNP	UNION PAC CORP	17,162	$4,057	0.6%	$223.15	+1.9%	—	907818108
HPE	HEWLETT PACKARD ENTERPRISE C	164,407	$4,038	0.6%	$21.88	+7.1%	—	42824C109
GFL	GFL ENVIRONMENTAL INC	85,214	$4,037	0.6%	$46.47	-3.9%	—	36168Q104
APP	APPLOVIN CORP	5,618	$4,037	0.6%	$461.14	+36.6%	—	03831W108
SNOW	SNOWFLAKE INC	17,305	$3,903	0.5%	$210.34	+16.0%	—	833445109
CVCO	CAVCO INDS INC DEL	6,657	$3,866	0.5%	$489.00	+15.9%	—	149568107
UNH	UNITEDHEALTH GROUP INC	10,974	$3,789	0.5%	$298.94	+12.8%	—	91324P102
GLW	CORNING INC	45,980	$3,772	0.5%	$64.97	+32.3%	—	219350105
ETR	ENTERGY CORP NEW	38,990	$3,633	0.5%	$87.11	+8.5%	—	29364G103
FAST	FASTENAL CO	66,713	$3,272	0.5%	$46.94	-10.5%	—	311900104
RCL	ROYAL CARIBBEAN GROUP	10,000	$3,236	0.5%	$332.02	-15.2%	PUT	V7780T103
HUT	HUT 8 CORP	90,724	$3,158	0.4%	$25.41	+73.4%	—	44812J104
CMI	CUMMINS INC	7,415	$3,132	0.4%	$380.68	+22.5%	—	231021106
GE	GE AEROSPACE	10,186	$3,064	0.4%	$219.53	+37.0%	—	369604301
SCCO	SOUTHERN COPPER CORP	24,882	$3,020	0.4%	$97.73	+35.8%	—	84265V105
KTOS	KRATOS DEFENSE & SEC SOLUTIO	32,877	$3,004	0.4%	$64.04	+27.8%	—	50077B207
GXO	GXO LOGISTICS INCORPORATED	55,988	$2,961	0.4%	$51.42	+2.2%	—	36262G101
CAT	CATERPILLAR INC	5,758	$2,747	0.4%	$330.84	+67.9%	—	149123101
SNDK	SANDISK CORP	23,300	$2,614	0.4%	$58.39	+243.0%	—	80004C200
KMI	KINDER MORGAN INC DEL	90,584	$2,564	0.4%	$26.70	+0.8%	—	49456B101
WMB	WILLIAMS COS INC	39,389	$2,495	0.3%	$51.72	+16.1%	—	969457100
COIN	COINBASE GLOBAL INC	7,300	$2,464	0.3%	$339.07	-12.1%	CALL	19260Q107
DB	DEUTSCHE BANK A G	68,314	$2,419	0.3%	$34.09	+5.9%	—	D18190898
TAC	TRANSALTA CORP	172,238	$2,354	0.3%	$12.30	+21.4%	—	89346D107
ADI	ANALOG DEVICES INC	8,277	$2,034	0.3%	$238.95	+4.9%	—	032654105
WTW	WILLIS TOWERS WATSON PLC LTD	5,851	$2,021	0.3%	$322.11	+1.4%	—	G96629103
PSTG	PURE STORAGE INC	24,003	$2,012	0.3%	$66.50	+25.6%	—	74624M102
OKLO	OKLO INC	17,870	$1,995	0.3%	$78.30	+42.4%	—	02156V109
RBLX	ROBLOX CORP	14,399	$1,995	0.3%	$124.28	-14.6%	—	771049103
IBM	INTERNATIONAL BUSINESS MACHS	6,976	$1,968	0.3%	$259.55	+15.1%	—	459200101
RIOT	RIOT PLATFORMS INC	97,729	$1,860	0.3%	$13.85	+23.5%	—	767292105
NBIS	NEBIUS GROUP N.V.	16,488	$1,851	0.3%	$69.43	+49.3%	—	N97284108
STX	SEAGATE TECHNOLOGY HLDNGS PL	6,795	$1,604	0.2%	$102.43	+152.8%	—	G7997R103
BABA	ALIBABA GROUP HLDG LTD	8,781	$1,569	0.2%	$178.73	—	—	01609W102
GDS	GDS HLDGS LTD	35,579	$1,377	0.2%	$38.70	—	—	36165L108
HTZ	HERTZ GLOBAL HLDGS INC	200,000	$1,360	0.2%	—	—	CALL	42806J700
L	LOEWS CORP	11,143	$1,119	0.2%	$94.44	+9.3%	—	540424108
BE	BLOOM ENERGY CORP	13,148	$1,112	0.2%	$46.44	+126.3%	—	093712107
AON	AON PLC	2,815	$1,004	0.1%	$361.49	-3.4%	—	G0403H108
U	UNITY SOFTWARE INC	22,646	$907	0.1%	$37.08	+9.9%	—	91332U101
ESLT	ELBIT SYS LTD	1,556	$793	0.1%	$467.26	+7.1%	—	M3760D101
COIN	COINBASE GLOBAL INC	2,304	$778	0.1%	$339.07	-12.1%	—	19260Q107
SIL	GLOBAL X FDS	10,697	$766	0.1%	$71.63	—	—	37954Y848
ADSK	AUTODESK INC	1,887	$599	0.1%	$304.73	-0.7%	—	052769106
MT	ARCELORMITTAL SA LUXEMBOURG	14,907	$539	0.1%	$36.15	—	—	03938L203

Decreased Positions (31)

MSFT MICROSOFT CORP 0.3%

Value ($000) $1,976 (-88.7%) Shares 4,086 (-87.9%) Est. Cost $468.65 Unrealized +6.8%

TSLA TESLA INC 0.8%

Value ($000) $6,071 (-69.0%) Shares 13,500 (-69.3%) Est. Cost $443.29 Unrealized 0.0%

SPOT SPOTIFY TECHNOLOGY S A 0.1%

Value ($000) $498 (-96.0%) Shares 857 (-95.2%) Est. Cost $584.91 Unrealized +6.9%

AVGO BROADCOM INC 0.3%

Value ($000) $2,013 (-83.0%) Shares 5,815 (-83.8%) Est. Cost $266.12 Unrealized +34.1%

SGI SOMNIGROUP INTERNATIONAL INC 0.4%

Value ($000) $2,952 (-73.6%) Shares 33,064 (-75.1%) Est. Cost $78.80 Unrealized +10.9%

BIDU BAIDU INC 0.1%

Value ($000) $379 (-94.7%) Shares 2,900 (-94.6%) Est. Cost — Unrealized —

CLS CELESTICA INC 0.4%

Value ($000) $2,665 (-66.3%) Shares 9,015 (-71.9%) Est. Cost $106.30 Unrealized +183.5%

EMBJ EMBRAER S.A. 0.1%

Value ($000) $757 (-86.4%) Shares 11,754 (-87.2%) Est. Cost $58.38 Unrealized —

BWXT BWX TECHNOLOGIES INC 0.4%

Value ($000) $2,909 (-61.8%) Shares 16,828 (-59.3%) Est. Cost $117.97 Unrealized +58.9%

W WAYFAIR INC 0.2%

Value ($000) $1,643 (-73.1%) Shares 16,364 (-76.1%) Est. Cost $73.26 Unrealized +31.3%

SF STIFEL FINL CORP 0.3%

Value ($000) $2,195 (-66.4%) Shares 17,529 (-69.6%) Est. Cost $111.58 Unrealized +7.2%

CW CURTISS WRIGHT CORP 0.5%

Value ($000) $3,490 (-55.4%) Shares 6,330 (-56.1%) Est. Cost $394.21 Unrealized +41.5%

CHRW C H ROBINSON WORLDWIDE INC 1.9%

Value ($000) $13,502 (-23.9%) Shares 83,987 (-37.3%) Est. Cost $116.46 Unrealized +26.5%

GEV GE VERNOVA INC 0.3%

Value ($000) $1,796 (-70.0%) Shares 2,748 (-71.8%) Est. Cost $425.34 Unrealized +43.2%

RKT ROCKET COS INC 0.3%

Value ($000) $1,976 (-65.3%) Shares 102,071 (-65.3%) Est. Cost $17.44 Unrealized +2.5%

DASH DOORDASH INC 0.2%

Value ($000) $1,449 (-71.4%) Shares 6,396 (-65.6%) Est. Cost $250.83 Unrealized -6.5%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 0.1%

Value ($000) $999 (-77.9%) Shares 3,902 (-77.7%) Est. Cost $219.08 Unrealized +13.8%

FIX COMFORT SYS USA INC 0.2%

Value ($000) $1,701 (-66.0%) Shares 1,823 (-69.9%) Est. Cost $434.87 Unrealized +112.2%

PLTR PALANTIR TECHNOLOGIES INC 0.1%

Value ($000) $479 (-86.2%) Shares 2,694 (-85.8%) Est. Cost $162.07 Unrealized +11.7%

MTZ MASTEC INC 0.8%

Value ($000) $5,692 (-34.1%) Shares 26,185 (-35.5%) Est. Cost $144.03 Unrealized +45.7%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.2%

Value ($000) $1,741 (-58.5%) Shares 5,728 (-61.8%) Est. Cost $271.50 Unrealized —

IQV IQVIA HLDGS INC 0.4%

Value ($000) $3,030 (-37.1%) Shares 13,444 (-47.0%) Est. Cost $181.84 Unrealized +19.7%

WPM WHEATON PRECIOUS METALS CORP 0.3%

Value ($000) $1,973 (-47.1%) Shares 16,789 (-49.6%) Est. Cost $97.71 Unrealized +9.6%

SHOP SHOPIFY INC 0.4%

Value ($000) $2,839 (-37.0%) Shares 17,634 (-41.8%) Est. Cost $135.57 Unrealized +18.4%

MDB MONGODB INC 0.4%

Value ($000) $3,040 (-32.5%) Shares 7,243 (-50.1%) Est. Cost $257.06 Unrealized +41.5%

VIK VIKING HOLDINGS LTD 0.5%

Value ($000) $3,531 (-29.1%) Shares 49,450 (-38.3%) Est. Cost $50.50 Unrealized +26.3%

HWM HOWMET AEROSPACE INC 0.7%

Value ($000) $5,105 (-20.8%) Shares 24,901 (-24.2%) Est. Cost $134.75 Unrealized +47.7%

NVDA NVIDIA CORPORATION 0.6%

Value ($000) $4,048 (-23.8%) Shares 21,707 (-23.8%) Est. Cost $168.85 Unrealized +10.2%

WDC WESTERN DIGITAL CORP 1.0%

Value ($000) $7,119 (-14.4%) Shares 41,323 (-40.4%) Est. Cost $81.60 Unrealized +85.7%

FTI TECHNIPFMC PLC 0.3%

Value ($000) $2,042 (-17.3%) Shares 45,816 (-26.8%) Est. Cost $28.27 Unrealized +49.3%

BAC BANK AMERICA CORP 0.3%

Value ($000) $1,996 (-17.1%) Shares 36,287 (-22.2%) Est. Cost $46.76 Unrealized +12.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	4,086 (-87.9%)	$1,976 (-88.7%)	0.3%	$468.65	+6.8%	COM	594918104
TSLA	TESLA INC	13,500 (-69.3%)	$6,071 (-69.0%)	0.8%	$443.29	0.0%	CALL	88160R101
SPOT	SPOTIFY TECHNOLOGY S A	857 (-95.2%)	$498 (-96.0%)	0.1%	$584.91	+6.9%	SHS	L8681T102
AVGO	BROADCOM INC	5,815 (-83.8%)	$2,013 (-83.0%)	0.3%	$266.12	+34.1%	COM	11135F101
SGI	SOMNIGROUP INTERNATIONAL INC	33,064 (-75.1%)	$2,952 (-73.6%)	0.4%	$78.80	+10.9%	COM	88023U101
BIDU	BAIDU INC	2,900 (-94.6%)	$379 (-94.7%)	0.1%	—	—	CALL	056752108
CLS	CELESTICA INC	9,015 (-71.9%)	$2,665 (-66.3%)	0.4%	$106.30	+183.5%	COM	15101Q207
EMBJ	EMBRAER S.A.	11,754 (-87.2%)	$757 (-86.4%)	0.1%	$58.38	—	SPONSORED ADS	29082A107
BWXT	BWX TECHNOLOGIES INC	16,828 (-59.3%)	$2,909 (-61.8%)	0.4%	$117.97	+58.9%	COM	05605H100
W	WAYFAIR INC	16,364 (-76.1%)	$1,643 (-73.1%)	0.2%	$73.26	+31.3%	CL A	94419L101
SF	STIFEL FINL CORP	17,529 (-69.6%)	$2,195 (-66.4%)	0.3%	$111.58	+7.2%	COM	860630102
CW	CURTISS WRIGHT CORP	6,330 (-56.1%)	$3,490 (-55.4%)	0.5%	$394.21	+41.5%	COM	231561101
CHRW	C H ROBINSON WORLDWIDE INC	83,987 (-37.3%)	$13,502 (-23.9%)	1.9%	$116.46	+26.5%	COM NEW	12541W209
GEV	GE VERNOVA INC	2,748 (-71.8%)	$1,796 (-70.0%)	0.3%	$425.34	+43.2%	COM	36828A101
RKT	ROCKET COS INC	102,071 (-65.3%)	$1,976 (-65.3%)	0.3%	$17.44	+2.5%	COM CL A	77311W101
DASH	DOORDASH INC	6,396 (-65.6%)	$1,449 (-71.4%)	0.2%	$250.83	-6.5%	CL A	25809K105
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	3,902 (-77.7%)	$999 (-77.9%)	0.1%	$219.08	+13.8%	COM	874054109
FIX	COMFORT SYS USA INC	1,823 (-69.9%)	$1,701 (-66.0%)	0.2%	$434.87	+112.2%	COM	199908104
PLTR	PALANTIR TECHNOLOGIES INC	2,694 (-85.8%)	$479 (-86.2%)	0.1%	$162.07	+11.7%	CL A	69608A108
MTZ	MASTEC INC	26,185 (-35.5%)	$5,692 (-34.1%)	0.8%	$144.03	+45.7%	COM	576323109
TSM	TAIWAN SEMICONDUCTOR MFG LTD	5,728 (-61.8%)	$1,741 (-58.5%)	0.2%	$271.50	—	SPONSORED ADS	874039100
IQV	IQVIA HLDGS INC	13,444 (-47.0%)	$3,030 (-37.1%)	0.4%	$181.84	+19.7%	COM	46266C105
WPM	WHEATON PRECIOUS METALS CORP	16,789 (-49.6%)	$1,973 (-47.1%)	0.3%	$97.71	+9.6%	COM	962879102
SHOP	SHOPIFY INC	17,634 (-41.8%)	$2,839 (-37.0%)	0.4%	$135.57	+18.4%	CL A SUB VTG SHS	82509L107
MDB	MONGODB INC	7,243 (-50.1%)	$3,040 (-32.5%)	0.4%	$257.06	+41.5%	CL A	60937P106
VIK	VIKING HOLDINGS LTD	49,450 (-38.3%)	$3,531 (-29.1%)	0.5%	$50.50	+26.3%	ORD SHS	G93A5A101
HWM	HOWMET AEROSPACE INC	24,901 (-24.2%)	$5,105 (-20.8%)	0.7%	$134.75	+47.7%	COM	443201108
NVDA	NVIDIA CORPORATION	21,707 (-23.8%)	$4,048 (-23.8%)	0.6%	$168.85	+10.2%	COM	67066G104
WDC	WESTERN DIGITAL CORP	41,323 (-40.4%)	$7,119 (-14.4%)	1.0%	$81.60	+85.7%	COM	958102105
FTI	TECHNIPFMC PLC	45,816 (-26.8%)	$2,042 (-17.3%)	0.3%	$28.27	+49.3%	COM	G87110105
BAC	BANK AMERICA CORP	36,287 (-22.2%)	$1,996 (-17.1%)	0.3%	$46.76	+12.6%	COM	060505104

Unchanged Positions (1)

NVDA NVIDIA CORPORATION 1.3%

Value ($000) $9,325 Shares 50,000 Est. Cost $168.85 Unrealized +10.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	50,000	$9,325	1.3%	$168.85	+10.2%	CALL	67066G104