Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
LNC	Lincoln National Corp	820,000	$33.01M	3.1%	$40.26	$42.64	-5.6%	COM	534187109
C	Citigroup	205,000	$26.54M	2.5%	$129.48	$134.67	-3.9%	COM NEW	172967424
CPAY	CORPAY INC	44,000	$17.1M	1.6%	$388.60	$391.19	-0.7%	COM SHS	219948106
FIGR	FIGURE TECHNOLOGY SOLUTIO	505,000	$14.57M	1.4%	$28.85	$32.47	-11.1%	COM CL A	349381103
SKIN	Beauty Health Company (The)	22,276,935	$14.03M	1.3%	$0.63	$0.63	—	COM CL A	88331L306
CPRT	Copart	500,000	$13.64M	1.3%	$27.28	$29.98	-9.0%	COM	217204106
MKSI	MKS Instruments	45,000	$11.94M	1.1%	$265.36	$295.41	-10.2%	COM	55306N104
IT	Gartner	60,000	$11.19M	1.1%	$186.54	$170.54	+9.4%	COM	366651107
BHVN	Biohaven Ltd	764,801	$10.21M	1.0%	$13.35	$14.46	-7.7%	COM	G1110E107
NICE	NICE Ltd	89,590	$9.969M	0.9%	$111.27	$102.20	+8.9%	SPONSORED ADR	653656108
MRX	MAREX GROUP ORD	141,197	$9.85M	0.9%	$69.76	$69.76	—	ORD	G5T40M104
NU	Nu Holdings Ltd	750,000	$9.495M	0.9%	$12.66	$14.18	-10.7%	ORD SHS CL A	G6683N103
LGN	LEGENCE CL A ORD	175,000	$9.394M	0.9%	$53.68	$61.97	-13.4%	CL A	52476L109
DG	Dollar General Corp	61,500	$7.354M	0.7%	$119.58	$123.31	-3.0%	COM	256677105
WAT	Waters Corp	16,599	$7.293M	0.7%	$439.39	$400.65	+9.7%	COM	941848103
GLD	SPDR Gold Trust SPDR Gold Shares	18,100	$6.893M	0.7%	$380.84	$391.06	-2.6%	GOLD SHS	78463V107
RYTM	Rhythm Pharmaceuticals	50,166	$4.777M	0.5%	$95.22	$106.73	-10.8%	COM	76243J105
ZGN	Ermenegildo Zegna NV	380,000	$4.75M	0.4%	$12.50	$13.44	-7.0%	ORD SHS	N30577105
PACB	Pacific Biosciences of Califor	1,932,623	$4.58M	0.4%	$2.37	$1.41	+67.9%	COM	69404D108
BCS	Barclays PLC	165,701	$4.022M	0.4%	$24.27	$26.90	-9.8%	ADR	06738E204
CDNA	CareDx	61,800	$4.017M	0.4%	$65.00	$45.31	+43.4%	COM	14167L103
—	SOLARIS ENERGY INFRAS INC	1,870,000	$2.766M	0.3%	$1.48	$1.48	—	NOTE 0.250%10/0	83419XAB4
MFG	Mizuho Financial Group	220,000	$2.431M	0.2%	$11.05	$10.61	+4.1%	SPONSORED ADR	60687Y109
MKL	Markel Corp	1,360	$2.329M	0.2%	$1712.45	$1857.79	-7.8%	COM	570535104
GDX	VanEck Gold Miners ETF	26,000	$2.284M	0.2%	$87.83	$87.37	+0.5%	GOLD MINERS ETF	92189F106
SMFG	Sumitomo Mitsui Financial Group	84,500	$2.189M	0.2%	$25.91	$25.86	+0.2%	SPONSORED ADR	86562M209
MUFG	Mitsubishi UFJ Financial Group	90,000	$2.076M	0.2%	$23.07	$22.55	+2.3%	SPONSORED ADS	606822104
RVMD	Revolution Medicines	10,000	$2.053M	0.2%	$205.26	$198.22	+3.6%	COM	76155X100
CPRI	Capri Holdings Limited	140,000	$1.977M	0.2%	$14.12	$15.27	-7.5%	SHS	G1890L107
BLK	Blackrock	1,840	$1.947M	0.2%	$1058.29	$1092.14	-3.1%	COM	09290D101
—	ADVANCED MICRO DEVICES INC	200	$1.941M	0.2%	$9706.00	—	—	CALL	007903907
VSCO	Victoria's Secret & Co	19,653	$1.739M	0.2%	$88.46	$88.46	—	COMMON STOCK	926400102
UTHR	United Therapeutics Corp	3,097	$1.678M	0.2%	$541.89	$517.04	+4.8%	COM	91307C102
TPG	TPG INC	37,678	$1.663M	0.2%	$44.13	$47.14	-6.4%	COM CL A	872657101
MANE	Veradermics Inc	10,824	$1.312M	0.1%	$121.23	$109.35	+10.9%	COMMON STOCK	922967104
FSLR	First Solar	2,700	$473K	0.0%	$175.16	$211.60	-17.2%	COM	336433107
AGI	Alamos Gold	13,000	$421K	0.0%	$32.39	$32.96	-1.7%	COM CL A	011532108
—	BROADCOM INC.	1,000	$420K	0.0%	$420.43	—	—	CALL	11135F901
MMED	MINIMED GROUP INC	21,437	$417K	0.0%	$19.47	$19.22	+1.3%	COM	60365F109
CMPS	COMPASS PATHWAYS PLC	33,024	$411K	0.0%	$12.44	$13.29	-6.4%	SPONSORED ADS	20451W101
UROY	Uranium Royalty Corp	95,000	$384K	0.0%	$4.04	$4.04	—	COM	91703D100
—	ISHARES TR	30,000	$330K	0.0%	$11.00	—	—	CALL	464287902
RVTY	REVVITY ORD	2,000	$306K	0.0%	$152.89	$123.01	+24.3%	COM	714046109
—	ISHARES TR	1,899	$306K	0.0%	$161.00	—	—	PUT	464288953
—	BOOST RUN INC	5,000	$304K	0.0%	$60.84	—	—	CALL	09940T900
DLB	Dolby Laboratories IncClass A	3,640	$214K	0.0%	$58.77	$57.59	+2.1%	COM CL A	25659T107
TAK	Takeda Pharmaceutical Company Limited	10,517	$191K	0.0%	$18.19	$17.71	+2.7%	SPONSORED ADS	874060205
CCC	CCC Intelligent Solutions Holdings	21,000	$140K	0.0%	$6.66	$6.58	+1.3%	COM	12510Q100
TGB	TREKOR METALS LTD.	11,500	$102K	0.0%	$8.90	$8.90	—	COM	89472Y107
—	ROCKET COMPANIES INC.	10,000	$70,000	0.0%	$7.00	—	—	CALL	77311W901

Increased Positions (40)

MSFT Microsoft Corp 3.2%

Value $33.61M (+178.5%) Shares 65,520 (+102.6%) Share Price $512.90 Est. Cost/Share $444.22 Unrealized @ Report Date +15.5%

XENE Xenon Pharmaceuticals 2.0%

Value $21.15M (+1576.8%) Shares 568,800 (+2621.5%) Share Price $37.19 Est. Cost/Share $59.26 Unrealized @ Report Date -37.2%

ROIV Roivant Sciences Ltd 1.9%

Value $19.65M (+1284.9%) Shares 537,409 (+1240.2%) Share Price $36.57 Est. Cost/Share $35.27 Unrealized @ Report Date +3.7%

NOK Nokia Corp 1.7%

Value $17.6M (+2278.7%) Shares 1,735,252 (+3015.2%) Share Price $10.14 Est. Cost/Share $10.47 Unrealized @ Report Date -3.2%

BURL Burlington Stores 1.7%

Value $17.63M (+328.1%) Shares 65,988 (+407.6%) Share Price $267.19 Est. Cost/Share $310.36 Unrealized @ Report Date -13.9%

GH Guardant Health 1.6%

Value $17.32M (+263.3%) Shares 97,102 (+205.6%) Share Price $178.36 Est. Cost/Share $145.53 Unrealized @ Report Date +22.6%

ADPT Adaptive Biotechnologies Corp 1.0%

Value $10.61M (+2078.9%) Shares 367,000 (+1517.2%) Share Price $28.90 Est. Cost/Share $24.03 Unrealized @ Report Date +20.3%

WST West Pharmaceutical Services 1.5%

Value $16.12M (+140.1%) Shares 43,467 (+132.4%) Share Price $370.76 Est. Cost/Share $332.68 Unrealized @ Report Date +11.4%

CYTK Cytokinetics 1.5%

Value $15.83M (+127.0%) Shares 240,200 (+193.4%) Share Price $65.91 Est. Cost/Share $74.74 Unrealized @ Report Date -11.8%

CELH Celsius Holdings 1.0%

Value $10.82M (+428.0%) Shares 395,667 (+465.2%) Share Price $27.35 Est. Cost/Share $30.00 Unrealized @ Report Date -8.8%

COCO Vita Coco Company (The) 0.8%

Value $8.359M (+742.6%) Shares 146,000 (+873.3%) Share Price $57.26 Est. Cost/Share $62.56 Unrealized @ Report Date -8.5%

VOD Vodafone Group Plc 1.1%

Value $11.3M (+185.9%) Shares 700,000 (+134.1%) Share Price $16.15 Est. Cost/Share $15.58 Unrealized @ Report Date +3.7%

BLND Blend Labs 1.3%

Value $13.68M (-29.3%) Shares 13,280,549 (+17.4%) Share Price $1.03 Est. Cost/Share $1.85 Unrealized @ Report Date -44.5%

FIVE Five Below 1.2%

Value $13.17M (+72.4%) Shares 60,000 (+41.2%) Share Price $219.57 Est. Cost/Share $216.70 Unrealized @ Report Date +1.3%

MSCI MSCI 0.9%

Value $9.869M (+115.3%) Shares 18,321 (+123.8%) Share Price $538.66 Est. Cost/Share $577.01 Unrealized @ Report Date -6.6%

ONON On Holding AG 1.1%

Value $11.55M (+63.0%) Shares 390,000 (+95.0%) Share Price $29.61 Est. Cost/Share $37.18 Unrealized @ Report Date -20.4%

PFE Pfizer 0.4%

Value $4.123M (+673.7%) Shares 144,568 (+553.3%) Share Price $28.52 Est. Cost/Share $26.36 Unrealized @ Report Date +8.2%

EHC Encompass Health Corp 0.5%

Value $5.021M (+170.8%) Shares 41,326 (+125.3%) Share Price $121.49 Est. Cost/Share $111.48 Unrealized @ Report Date +9.0%

META Meta Platforms 1.0%

Value $10.15M (+33.5%) Shares 14,000 (+3.7%) Share Price $725.18 Est. Cost/Share $527.74 Unrealized @ Report Date +37.4%

AS AMER SPORTS ORD 1.2%

Value $12.55M (+23.7%) Shares 460,000 (+53.3%) Share Price $27.29 Est. Cost/Share $33.96 Unrealized @ Report Date -19.6%

QSR Restaurant Brands International 0.3%

Value $2.748M (+644.8%) Shares 38,664 (+659.8%) Share Price $71.08 Est. Cost/Share $73.88 Unrealized @ Report Date -3.8%

— FERMI INC. 0.1%

Value $1.156M (-66.9%) Shares 60,000 (+500.0%) Share Price $19.27 Est. Cost/Share — Unrealized @ Report Date —

EVR Evercore 0.4%

Value $3.847M (+139.7%) Shares 14,940 (+217.9%) Share Price $257.50 Est. Cost/Share $316.15 Unrealized @ Report Date -18.6%

CIGI Colliers International Group 0.3%

Value $2.809M (+274.3%) Shares 31,276 (+290.9%) Share Price $89.80 Est. Cost/Share $99.09 Unrealized @ Report Date -9.4%

SPGI S&P Global 0.3%

Value $2.761M (+239.0%) Shares 7,000 (+250.0%) Share Price $394.47 Est. Cost/Share $422.90 Unrealized @ Report Date -6.7%

BAC Bank of America Corp 2.6%

Value $27.9M (+7.0%) Shares 512,500 (+12.0%) Share Price $54.43 Est. Cost/Share $52.49 Unrealized @ Report Date +3.7%

EAT Brinker International 0.8%

Value $8.322M (+23.8%) Shares 43,000 (+7.5%) Share Price $193.53 Est. Cost/Share $155.74 Unrealized @ Report Date +24.3%

CVNA Carvana Co 3.1%

Value $32.72M (+4.6%) Shares 523,120 (+10.1%) Share Price $62.54 Est. Cost/Share $108.11 Unrealized @ Report Date -42.2%

DEO Diageo plc 0.5%

Value $5.735M (+32.1%) Shares 67,000 (+24.1%) Share Price $85.60 Est. Cost/Share $83.60 Unrealized @ Report Date +2.4%

MSM MSC Industrial Direct Co 0.4%

Value $3.712M (+56.0%) Shares 30,000 (+50.0%) Share Price $123.72 Est. Cost/Share $111.50 Unrealized @ Report Date +11.0%

BOOT Boot Barn Holdings 0.8%

Value $7.951M (+19.5%) Shares 66,000 (+63.0%) Share Price $120.47 Est. Cost/Share $157.55 Unrealized @ Report Date -23.5%

LIN Linde plc 0.4%

Value $4.407M (+34.0%) Shares 9,279 (+46.4%) Share Price $474.90 Est. Cost/Share $419.01 Unrealized @ Report Date +13.3%

ROST Ross Stores 0.5%

Value $4.793M (+21.7%) Shares 20,536 (+11.0%) Share Price $233.40 Est. Cost/Share $202.73 Unrealized @ Report Date +15.1%

DECK Deckers Outdoor Corp 0.4%

Value $4.688M (-12.6%) Shares 60,000 (+11.1%) Share Price $78.14 Est. Cost/Share $105.29 Unrealized @ Report Date -25.8%

NXT Nextracker 0.1%

Value $674K (+151.5%) Shares 8,650 (+284.4%) Share Price $77.93 Est. Cost/Share $101.43 Unrealized @ Report Date -23.2%

FLG FLAGSTAR BANK NA 0.5%

Value $5.59M (-6.0%) Shares 479,000 (+20.3%) Share Price $11.67 Est. Cost/Share $14.11 Unrealized @ Report Date -17.3%

LEVI Levi Strauss & Co 0.4%

Value $3.94M (-5.9%) Shares 200,000 (+18.6%) Share Price $19.70 Est. Cost/Share $20.77 Unrealized @ Report Date -5.2%

TPR Tapestry 0.6%

Value $6.327M (+2.9%) Shares 55,000 (+31.0%) Share Price $115.04 Est. Cost/Share $140.34 Unrealized @ Report Date -18.0%

NE Noble Corp 0.0%

Value $371K (+44.3%) Shares 8,900 (+29.0%) Share Price $41.74 Est. Cost/Share $41.38 Unrealized @ Report Date +0.9%

BORR Borr Drilling Limited 0.0%

Value $428K (+15.1%) Shares 110,000 (+22.2%) Share Price $3.89 Est. Cost/Share $3.49 Unrealized @ Report Date +11.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	Microsoft Corp	65,520 (+102.6%)	$33.61M (+178.5%)	3.2%	$512.90	$444.22	+15.5%	COM	594918104
XENE	Xenon Pharmaceuticals	568,800 (+2621.5%)	$21.15M (+1576.8%)	2.0%	$37.19	$59.26	-37.2%	COM	98420N105
ROIV	Roivant Sciences Ltd	537,409 (+1240.2%)	$19.65M (+1284.9%)	1.9%	$36.57	$35.27	+3.7%	COM	G76279101
NOK	Nokia Corp	1,735,252 (+3015.2%)	$17.6M (+2278.7%)	1.7%	$10.14	$10.47	-3.2%	SPONSORED ADR	654902204
BURL	Burlington Stores	65,988 (+407.6%)	$17.63M (+328.1%)	1.7%	$267.19	$310.36	-13.9%	COM	122017106
GH	Guardant Health	97,102 (+205.6%)	$17.32M (+263.3%)	1.6%	$178.36	$145.53	+22.6%	COM	40131M109
ADPT	Adaptive Biotechnologies Corp	367,000 (+1517.2%)	$10.61M (+2078.9%)	1.0%	$28.90	$24.03	+20.3%	COM	00650F109
WST	West Pharmaceutical Services	43,467 (+132.4%)	$16.12M (+140.1%)	1.5%	$370.76	$332.68	+11.4%	COM	955306105
CYTK	Cytokinetics	240,200 (+193.4%)	$15.83M (+127.0%)	1.5%	$65.91	$74.74	-11.8%	COM NEW	23282W605
CELH	Celsius Holdings	395,667 (+465.2%)	$10.82M (+428.0%)	1.0%	$27.35	$30.00	-8.8%	COM NEW	15118V207
COCO	Vita Coco Company (The)	146,000 (+873.3%)	$8.359M (+742.6%)	0.8%	$57.26	$62.56	-8.5%	COM	92846Q107
VOD	Vodafone Group Plc	700,000 (+134.1%)	$11.3M (+185.9%)	1.1%	$16.15	$15.58	+3.7%	SPONSORED ADR	92857W308
BLND	Blend Labs	13,280,549 (+17.4%)	$13.68M (-29.3%)	1.3%	$1.03	$1.85	-44.5%	CL A	09352U108
FIVE	Five Below	60,000 (+41.2%)	$13.17M (+72.4%)	1.2%	$219.57	$216.70	+1.3%	COM	33829M101
MSCI	MSCI	18,321 (+123.8%)	$9.869M (+115.3%)	0.9%	$538.66	$577.01	-6.6%	COM	55354G100
ONON	On Holding AG	390,000 (+95.0%)	$11.55M (+63.0%)	1.1%	$29.61	$37.18	-20.4%	COM	H5919C104
PFE	Pfizer	144,568 (+553.3%)	$4.123M (+673.7%)	0.4%	$28.52	$26.36	+8.2%	CL A COM	717081103
EHC	Encompass Health Corp	41,326 (+125.3%)	$5.021M (+170.8%)	0.5%	$121.49	$111.48	+9.0%	COM	29261A100
META	Meta Platforms	14,000 (+3.7%)	$10.15M (+33.5%)	1.0%	$725.18	$527.74	+37.4%	CL A	30303M102
AS	AMER SPORTS ORD	460,000 (+53.3%)	$12.55M (+23.7%)	1.2%	$27.29	$33.96	-19.6%	COM SHS	G0260P102
QSR	Restaurant Brands International	38,664 (+659.8%)	$2.748M (+644.8%)	0.3%	$71.08	$73.88	-3.8%	COM CL A	76131D103
—	FERMI INC.	60,000 (+500.0%)	$1.156M (-66.9%)	0.1%	$19.27	—	—	CALL	314911908
EVR	Evercore	14,940 (+217.9%)	$3.847M (+139.7%)	0.4%	$257.50	$316.15	-18.6%	CLASS A	29977A105
CIGI	Colliers International Group	31,276 (+290.9%)	$2.809M (+274.3%)	0.3%	$89.80	$99.09	-9.4%	SUB VTG SHS	194693107
SPGI	S&P Global	7,000 (+250.0%)	$2.761M (+239.0%)	0.3%	$394.47	$422.90	-6.7%	COM	78409V104
BAC	Bank of America Corp	512,500 (+12.0%)	$27.9M (+7.0%)	2.6%	$54.43	$52.49	+3.7%	COM	060505104
EAT	Brinker International	43,000 (+7.5%)	$8.322M (+23.8%)	0.8%	$193.53	$155.74	+24.3%	COM	109641100
CVNA	Carvana Co	523,120 (+10.1%)	$32.72M (+4.6%)	3.1%	$62.54	$108.11	-42.2%	CL A	146869102
DEO	Diageo plc	67,000 (+24.1%)	$5.735M (+32.1%)	0.5%	$85.60	$83.60	+2.4%	SPON ADR NEW	25243Q205
MSM	MSC Industrial Direct Co	30,000 (+50.0%)	$3.712M (+56.0%)	0.4%	$123.72	$111.50	+11.0%	CL A	553530106
BOOT	Boot Barn Holdings	66,000 (+63.0%)	$7.951M (+19.5%)	0.8%	$120.47	$157.55	-23.5%	COM	099406100
LIN	Linde plc	9,279 (+46.4%)	$4.407M (+34.0%)	0.4%	$474.90	$419.01	+13.3%	SHS	G54950103
ROST	Ross Stores	20,536 (+11.0%)	$4.793M (+21.7%)	0.5%	$233.40	$202.73	+15.1%	COM SHS	778296103
DECK	Deckers Outdoor Corp	60,000 (+11.1%)	$4.688M (-12.6%)	0.4%	$78.14	$105.29	-25.8%	COM	243537107
NXT	Nextracker	8,650 (+284.4%)	$674K (+151.5%)	0.1%	$77.93	$101.43	-23.2%	CLASS A COM	65290E101
FLG	FLAGSTAR BANK NA	479,000 (+20.3%)	$5.59M (-6.0%)	0.5%	$11.67	$14.11	-17.3%	COM NEW	649445400
LEVI	Levi Strauss & Co	200,000 (+18.6%)	$3.94M (-5.9%)	0.4%	$19.70	$20.77	-5.2%	CL A COM STK	52736R102
TPR	Tapestry	55,000 (+31.0%)	$6.327M (+2.9%)	0.6%	$115.04	$140.34	-18.0%	COM	876030107
NE	Noble Corp	8,900 (+29.0%)	$371K (+44.3%)	0.0%	$41.74	$41.38	+0.9%	ORD SHS A	G65431127
BORR	Borr Drilling Limited	110,000 (+22.2%)	$428K (+15.1%)	0.0%	$3.89	$3.49	+11.5%	SHS	G1466R173

Exited Positions (90)

APP Applovin Corp 3.0%

Value $31.57M Shares 61,276 Share Price $515.23 * Est. Cost/Share $482.62 Unrealized @ Report Date -39.8%

ING ING Groep NV 2.7%

Value $28.24M Shares 900,000 Share Price $31.38 * Est. Cost/Share $29.58 Unrealized @ Report Date +20.0%

GSK GSK plc 2.1%

Value $22.35M Shares 426,416 Share Price $52.42 * Est. Cost/Share $52.89 Unrealized @ Report Date -8.9%

NRG NRG Energy 2.1%

Value $22.06M Shares 151,000 Share Price $146.06 * Est. Cost/Share $143.99 Unrealized @ Report Date -33.6%

TVTX Travere Therapeutics 1.7%

Value $18.28M Shares 321,721 Share Price $56.81 * Est. Cost/Share $44.34 Unrealized @ Report Date +32.8%

AVGO Broadcom 1.7%

Value $17.94M Shares 47,500 Share Price $377.75 * Est. Cost/Share $400.96 Unrealized @ Report Date -12.4%

SKIN Beauty Health Company (The) 1.5%

Value $15.43M Shares 22,276,935 Share Price $0.69 * Est. Cost/Share $0.06 Unrealized @ Report Date -46.0%

RIO Rio Tinto plc 1.4%

Value $15.21M Shares 160,275 Share Price $94.93 Est. Cost/Share $101.38 Unrealized @ Report Date -7.1%

LQDA Liquidia Corp 1.4%

Value $14.53M Shares 182,205 Share Price $79.73 * Est. Cost/Share $37.08 Unrealized @ Report Date -18.4%

ROP Roper Technologies 1.3%

Value $14.22M Shares 42,000 Share Price $338.50 * Est. Cost/Share $341.03 Unrealized @ Report Date +2.5%

ZYME Zymeworks 1.2%

Value $12.72M Shares 486,529 Share Price $26.14 Est. Cost/Share $21.81 Unrealized @ Report Date +21.4%

VST Vistra Corp 1.2%

Value $12.69M Shares 80,000 Share Price $158.63 * Est. Cost/Share $155.14 Unrealized @ Report Date -10.8%

LFTO LIFTOFF MOBILE INC 1.2%

Value $12.22M Shares 508,551 Share Price $24.02 * Est. Cost/Share $25.92 Unrealized @ Report Date -39.0%

MIRM Mirum Pharmaceuticals 1.1%

Value $11.85M Shares 101,240 Share Price $117.07 * Est. Cost/Share $100.40 Unrealized @ Report Date -14.9%

WPP WPP PLC 1.0%

Value $10.47M Shares 676,000 Share Price $15.49 * Est. Cost/Share $17.81 Unrealized @ Report Date +38.8%

SYY Sysco Corp 0.9%

Value $10.03M Shares 120,000 Share Price $83.58 * Est. Cost/Share $75.70 Unrealized @ Report Date +3.0%

NVST Envista Holdings Corp 0.8%

Value $8.406M Shares 319,028 Share Price $26.35 * Est. Cost/Share $25.94 Unrealized @ Report Date -9.5%

MLTX MOOLAKE IMMUNOTHERAPEUTICS 0.7%

Value $7.295M Shares 374,866 Share Price $19.46 * Est. Cost/Share $18.13 Unrealized @ Report Date -35.5%

AADX Applied Aerospace & Defense Inc. 0.7%

Value $7.062M Shares 310,000 Share Price $22.78 * Est. Cost/Share $19.63 Unrealized @ Report Date -38.7%

SDGR Schrodinger 0.7%

Value $7.058M Shares 434,321 Share Price $16.25 * Est. Cost/Share $13.38 Unrealized @ Report Date +132.1%

SARO STANDARDAERO INC 0.7%

Value $6.893M Shares 230,491 Share Price $29.90 * Est. Cost/Share $28.31 Unrealized @ Report Date -24.6%

SCHW Charles Schwab Corp (The) 0.6%

Value $6.8M Shares 73,700 Share Price $92.27 * Est. Cost/Share $91.19 Unrealized @ Report Date +7.2%

LOAR LOAR HOLDINGS ORD 0.5%

Value $5.804M Shares 71,999 Share Price $80.61 * Est. Cost/Share $69.51 Unrealized @ Report Date -11.5%

BTSG BRIGHTSPRING HEALTH SVCS INC 0.5%

Value $5.491M Shares 78,718 Share Price $69.76 * Est. Cost/Share $33.93 Unrealized @ Report Date +67.2%

PTCT PTC Therapeutics 0.5%

Value $5.212M Shares 63,900 Share Price $81.57 * Est. Cost/Share $72.21 Unrealized @ Report Date -10.3%

BRKR Bruker Corp 0.5%

Value $5.121M Shares 85,100 Share Price $60.18 * Est. Cost/Share $46.67 Unrealized @ Report Date +38.7%

LAZ LAZARD ORD 0.5%

Value $5.112M Shares 121,900 Share Price $41.94 * Est. Cost/Share $45.78 Unrealized @ Report Date -20.9%

DOC Healthpeak Properties 0.5%

Value $4.883M Shares 228,200 Share Price $21.40 Est. Cost/Share $21.40 Unrealized @ Report Date —

KGS KODIAK GAS SVCS INC 0.4%

Value $4.61M Shares 61,365 Share Price $75.12 * Est. Cost/Share $46.70 Unrealized @ Report Date +13.4%

— NU HLDGS LTD 0.4%

Value $4.364M Shares 30,000 Share Price $145.47 Est. Cost/Share — Unrealized @ Report Date —

A Agilent Technologies 0.4%

Value $4.08M Shares 30,717 Share Price $132.83 * Est. Cost/Share $126.85 Unrealized @ Report Date +35.8%

KO Coca-Cola Company 0.4%

Value $4.064M Shares 50,000 Share Price $81.27 * Est. Cost/Share $76.95 Unrealized @ Report Date +11.9%

WFC Wells Fargo & Co 0.4%

Value $4.041M Shares 48,900 Share Price $82.64 * Est. Cost/Share $80.36 Unrealized @ Report Date -0.4%

GILD Gilead Sciences 0.4%

Value $3.942M Shares 31,200 Share Price $126.34 * Est. Cost/Share $131.76 Unrealized @ Report Date +13.1%

ECL Ecolab 0.4%

Value $3.758M Shares 13,488 Share Price $278.61 Est. Cost/Share $273.55 Unrealized @ Report Date +0.4%

— APPLOVIN CORP 0.3%

Value $3.625M Shares 500 Share Price $7250.47 Est. Cost/Share — Unrealized @ Report Date —

CBRS Cerebras Systems Inc. 0.3%

Value $3.466M Shares 15,682 Share Price $221.00 * Est. Cost/Share $235.36 Unrealized @ Report Date -24.5%

TGT Target Corp 0.3%

Value $3.396M Shares 26,000 Share Price $130.61 * Est. Cost/Share $118.91 Unrealized @ Report Date +31.8%

HOOD Robinhood Markets 0.3%

Value $3.379M Shares 33,700 Share Price $100.28 * Est. Cost/Share $87.75 Unrealized @ Report Date +28.2%

OLLI Ollie's Bargain Outlet Holding 0.3%

Value $3.075M Shares 40,000 Share Price $76.88 * Est. Cost/Share $83.40 Unrealized @ Report Date +2.7%

AVTR Avantor 0.3%

Value $2.977M Shares 300,700 Share Price $9.90 * Est. Cost/Share $8.61 Unrealized @ Report Date +74.9%

TEX Terex Corp 0.3%

Value $2.945M Shares 40,684 Share Price $72.39 * Est. Cost/Share $50.50 Unrealized @ Report Date +4.2%

FPS FORGENT POWER SOLUTIONS INC. 0.3%

Value $2.774M Shares 49,657 Share Price $55.86 * Est. Cost/Share $45.64 Unrealized @ Report Date -18.0%

LYG Lloyds Banking Group PLC 0.2%

Value $2.623M Shares 450,000 Share Price $5.83 * Est. Cost/Share $5.42 Unrealized @ Report Date +3.8%

BFH Alliance Data Systems Corp 0.2%

Value $2.614M Shares 24,130 Share Price $108.35 * Est. Cost/Share $89.81 Unrealized @ Report Date +8.8%

TT Trane Technologies plc 0.2%

Value $2.456M Shares 5,000 Share Price $491.16 * Est. Cost/Share $467.68 Unrealized @ Report Date -3.4%

PVLA PALVELLA THERAPEUTICS ORD 0.2%

Value $2.153M Shares 14,088 Share Price $152.82 * Est. Cost/Share $121.38 Unrealized @ Report Date +13.6%

— NRG ENERGY INC 0.2%

Value $2.139M Shares 1,500 Share Price $1426.28 Est. Cost/Share — Unrealized @ Report Date —

URBN Urban Outfitters 0.2%

Value $2.126M Shares 30,000 Share Price $70.86 * Est. Cost/Share $71.27 Unrealized @ Report Date +7.2%

ILMN Illumina 0.2%

Value $2.11M Shares 12,000 Share Price $175.83 * Est. Cost/Share $146.41 Unrealized @ Report Date +86.9%

EROC ERock, Inc. 0.2%

Value $2.03M Shares 140,000 Share Price $14.50 * Est. Cost/Share $15.92 Unrealized @ Report Date -23.0%

B Barnes Group 0.2%

Value $2.02M Shares 55,000 Share Price $36.73 * Est. Cost/Share $40.99 Unrealized @ Report Date -0.8%

XRAY DENTSPLY SIRONA 0.2%

Value $1.96M Shares 184,700 Share Price $10.61 * Est. Cost/Share $10.92 Unrealized @ Report Date -18.9%

KR Kroger Co (The) 0.2%

Value $1.944M Shares 35,000 Share Price $55.53 * Est. Cost/Share $65.24 Unrealized @ Report Date -10.1%

TOST Toast 0.2%

Value $1.858M Shares 66,800 Share Price $27.82 * Est. Cost/Share $26.08 Unrealized @ Report Date +11.2%

SHC Sotera Health Company 0.2%

Value $1.843M Shares 103,830 Share Price $17.75 * Est. Cost/Share $15.76 Unrealized @ Report Date +17.3%

INIO INNIO NV 0.2%

Value $1.803M Shares 45,600 Share Price $39.55 * Est. Cost/Share $35.96 Unrealized @ Report Date -49.6%

ALAB ASTERA LABS ORD 0.2%

Value $1.622M Shares 3,359 Share Price $483.02 * Est. Cost/Share $167.29 Unrealized @ Report Date +112.8%

— AMAZON COM INC 0.2%

Value $1.61M Shares 2,000 Share Price $805.00 Est. Cost/Share — Unrealized @ Report Date —

COGT Cogent Biosciences 0.2%

Value $1.598M Shares 41,300 Share Price $38.70 * Est. Cost/Share $34.99 Unrealized @ Report Date -8.5%

JAZZ Jazz Pharmaceuticals plc 0.1%

Value $1.47M Shares 6,100 Share Price $240.97 * Est. Cost/Share $219.08 Unrealized @ Report Date +5.7%

PATH UiPath 0.1%

Value $1.424M Shares 131,000 Share Price $10.87 * Est. Cost/Share $12.73 Unrealized @ Report Date +0.9%

BETA BETA TECHNOLOGIES CL A ORD 0.1%

Value $1.299M Shares 77,550 Share Price $16.75 * Est. Cost/Share $22.73 Unrealized @ Report Date -2.8%

SFD SMITHFIELD FOODS ORD 0.1%

Value $1.227M Shares 50,577 Share Price $24.26 * Est. Cost/Share $24.80 Unrealized @ Report Date -24.5%

QNT QUANTINUUM INC-A 0.1%

Value $1.226M Shares 15,000 Share Price $81.74 * Est. Cost/Share $64.32 Unrealized @ Report Date -25.3%

INGM INGRAM MICRO HLDG CORP 0.1%

Value $1.186M Shares 43,235 Share Price $27.43 * Est. Cost/Share $28.09 Unrealized @ Report Date -4.5%

ARES Ares Management Corp 0.1%

Value $1.035M Shares 9,300 Share Price $111.31 * Est. Cost/Share $119.97 Unrealized @ Report Date -3.2%

WLTH WEALTHFRONT CORP 0.1%

Value $1.008M Shares 112,800 Share Price $8.94 * Est. Cost/Share $10.41 Unrealized @ Report Date -0.3%

BLTE BELITE BIO INC 0.1%

Value $986K Shares 6,400 Share Price $153.99 * Est. Cost/Share $153.27 Unrealized @ Report Date +10.8%

— MICROSOFT CORP 0.1%

Value $891K Shares 1,000 Share Price $891.36 Est. Cost/Share — Unrealized @ Report Date —

WAY WAYSTAR HOLDING ORD 0.1%

Value $692K Shares 33,718 Share Price $20.53 * Est. Cost/Share $36.61 Unrealized @ Report Date -30.8%

— DICKS SPORTING GOODS INC 0.1%

Value $685K Shares 1,000 Share Price $685.00 Est. Cost/Share — Unrealized @ Report Date —

AXTA Axalta Coating Systems Ltd 0.1%

Value $577K Shares 16,869 Share Price $34.22 * Est. Cost/Share $29.34 Unrealized @ Report Date +9.6%

LCLN LINCOLN INTERNATIONAL CL A ORD 0.0%

Value $528K Shares 22,139 Share Price $23.87 * Est. Cost/Share $23.59 Unrealized @ Report Date -2.1%

SHW Sherwin-Williams Company (The) 0.0%

Value $526K Shares 1,528 Share Price $344.32 * Est. Cost/Share $319.45 Unrealized @ Report Date +1.2%

MRK Merck & Co 0.0%

Value $514K Shares 4,000 Share Price $128.50 * Est. Cost/Share $117.05 Unrealized @ Report Date +24.1%

ANGX ANGEL STUDIOS INC 0.0%

Value $480K Shares 130,806 Share Price $3.67 * Est. Cost/Share $2.83 Unrealized @ Report Date +64.8%

CRDO Credo Technology Group Holding 0.0%

Value $459K Shares 1,686 Share Price $271.95 * Est. Cost/Share $197.59 Unrealized @ Report Date -1.4%

TLX TELIX PHARMACEUTICALS ADS 0.0%

Value $416K Shares 36,100 Share Price $11.53 * Est. Cost/Share $10.18 Unrealized @ Report Date +7.7%

LIFE Ethos Technologies Inc. 0.0%

Value $367K Shares 20,234 Share Price $18.14 * Est. Cost/Share $11.82 Unrealized @ Report Date +183.9%

TDW Tidewater 0.0%

Value $366K Shares 5,500 Share Price $66.63 * Est. Cost/Share $69.54 Unrealized @ Report Date +16.6%

MTZ MasTec 0.0%

Value $366K Shares 880 Share Price $416.06 * Est. Cost/Share $382.29 Unrealized @ Report Date -44.1%

EQT EQT Corp 0.0%

Value $346K Shares 6,500 Share Price $53.17 * Est. Cost/Share $56.11 Unrealized @ Report Date -13.5%

— SELECT SECTOR SPDR TR 0.0%

Value $325K Shares 80,000 Share Price $4.06 Est. Cost/Share — Unrealized @ Report Date —

RKT Rocket Companies 0.0%

Value $293K Shares 18,594 Share Price $15.75 * Est. Cost/Share $18.19 Unrealized @ Report Date -36.7%

OVV Ovintiv 0.0%

Value $284K Shares 5,400 Share Price $52.65 * Est. Cost/Share $57.10 Unrealized @ Report Date +1.3%

UROY Uranium Royalty Corp 0.0%

Value $278K Shares 100,000 Share Price $2.78 * Est. Cost/Share $3.51 Unrealized @ Report Date +15.2%

— STATE STR SPDR S&P 500 ETF 0.0%

Value $201K Shares 1,000 Share Price $200.50 Est. Cost/Share — Unrealized @ Report Date —

WTI W&T Offshore 0.0%

Value $31,500 Shares 10,000 Share Price $3.15 * Est. Cost/Share $2.47 Unrealized @ Report Date +44.4%

— SHELL PLC 0.0%

Value $30,850 Shares 5,000 Share Price $6.17 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
APP	Applovin Corp	61,276	$31.57M	3.0%	$515.23 *	$482.62	-39.8%	—	03831W108
ING	ING Groep NV	900,000	$28.24M	2.7%	$31.38 *	$29.58	+20.0%	—	456837103
GSK	GSK plc	426,416	$22.35M	2.1%	$52.42 *	$52.89	-8.9%	—	37733W204
NRG	NRG Energy	151,000	$22.06M	2.1%	$146.06 *	$143.99	-33.6%	—	629377508
TVTX	Travere Therapeutics	321,721	$18.28M	1.7%	$56.81 *	$44.34	+32.8%	—	89422G107
AVGO	Broadcom	47,500	$17.94M	1.7%	$377.75 *	$400.96	-12.4%	—	11135F101
SKIN	Beauty Health Company (The)	22,276,935	$15.43M	1.5%	$0.69 *	$0.06	-46.0%	—	88331L108
RIO	Rio Tinto plc	160,275	$15.21M	1.4%	$94.93	$101.38	-7.1%	—	767204100
LQDA	Liquidia Corp	182,205	$14.53M	1.4%	$79.73 *	$37.08	-18.4%	—	53635D202
ROP	Roper Technologies	42,000	$14.22M	1.3%	$338.50 *	$341.03	+2.5%	—	776696106
ZYME	Zymeworks	486,529	$12.72M	1.2%	$26.14	$21.81	+21.4%	—	98985Y108
VST	Vistra Corp	80,000	$12.69M	1.2%	$158.63 *	$155.14	-10.8%	—	92840M102
LFTO	LIFTOFF MOBILE INC	508,551	$12.22M	1.2%	$24.02 *	$25.92	-39.0%	—	53229X101
MIRM	Mirum Pharmaceuticals	101,240	$11.85M	1.1%	$117.07 *	$100.40	-14.9%	—	604749101
WPP	WPP PLC	676,000	$10.47M	1.0%	$15.49 *	$17.81	+38.8%	—	92937A102
SYY	Sysco Corp	120,000	$10.03M	0.9%	$83.58 *	$75.70	+3.0%	—	871829107
NVST	Envista Holdings Corp	319,028	$8.406M	0.8%	$26.35 *	$25.94	-9.5%	—	29415F104
MLTX	MOOLAKE IMMUNOTHERAPEUTICS	374,866	$7.295M	0.7%	$19.46 *	$18.13	-35.5%	—	61559X104
AADX	Applied Aerospace & Defense Inc.	310,000	$7.062M	0.7%	$22.78 *	$19.63	-38.7%	—	03815J107
SDGR	Schrodinger	434,321	$7.058M	0.7%	$16.25 *	$13.38	+132.1%	—	80810D103
SARO	STANDARDAERO INC	230,491	$6.893M	0.7%	$29.90 *	$28.31	-24.6%	—	85423L103
SCHW	Charles Schwab Corp (The)	73,700	$6.8M	0.6%	$92.27 *	$91.19	+7.2%	—	808513105
LOAR	LOAR HOLDINGS ORD	71,999	$5.804M	0.5%	$80.61 *	$69.51	-11.5%	—	53947R105
BTSG	BRIGHTSPRING HEALTH SVCS INC	78,718	$5.491M	0.5%	$69.76 *	$33.93	+67.2%	—	10950A106
PTCT	PTC Therapeutics	63,900	$5.212M	0.5%	$81.57 *	$72.21	-10.3%	—	69366J200
BRKR	Bruker Corp	85,100	$5.121M	0.5%	$60.18 *	$46.67	+38.7%	—	116794108
LAZ	LAZARD ORD	121,900	$5.112M	0.5%	$41.94 *	$45.78	-20.9%	—	52110M109
DOC	Healthpeak Properties	228,200	$4.883M	0.5%	$21.40	$21.40	—	—	42250P103
KGS	KODIAK GAS SVCS INC	61,365	$4.61M	0.4%	$75.12 *	$46.70	+13.4%	—	50012A108
—	NU HLDGS LTD	30,000	$4.364M	0.4%	$145.47	—	—	CALL	G6683N903
A	Agilent Technologies	30,717	$4.08M	0.4%	$132.83 *	$126.85	+35.8%	—	00846U101
KO	Coca-Cola Company	50,000	$4.064M	0.4%	$81.27 *	$76.95	+11.9%	—	191216100
WFC	Wells Fargo & Co	48,900	$4.041M	0.4%	$82.64 *	$80.36	-0.4%	—	949746101
GILD	Gilead Sciences	31,200	$3.942M	0.4%	$126.34 *	$131.76	+13.1%	—	375558103
ECL	Ecolab	13,488	$3.758M	0.4%	$278.61	$273.55	+0.4%	—	278865100
—	APPLOVIN CORP	500	$3.625M	0.3%	$7250.47	—	—	CALL	03831W908
CBRS	Cerebras Systems Inc.	15,682	$3.466M	0.3%	$221.00 *	$235.36	-24.5%	—	15675D103
TGT	Target Corp	26,000	$3.396M	0.3%	$130.61 *	$118.91	+31.8%	—	87612E106
HOOD	Robinhood Markets	33,700	$3.379M	0.3%	$100.28 *	$87.75	+28.2%	—	770700102
OLLI	Ollie's Bargain Outlet Holding	40,000	$3.075M	0.3%	$76.88 *	$83.40	+2.7%	—	681116109
AVTR	Avantor	300,700	$2.977M	0.3%	$9.90 *	$8.61	+74.9%	—	05352A100
TEX	Terex Corp	40,684	$2.945M	0.3%	$72.39 *	$50.50	+4.2%	—	880779103
FPS	FORGENT POWER SOLUTIONS INC.	49,657	$2.774M	0.3%	$55.86 *	$45.64	-18.0%	—	34631F102
LYG	Lloyds Banking Group PLC	450,000	$2.623M	0.2%	$5.83 *	$5.42	+3.8%	—	539439109
BFH	Alliance Data Systems Corp	24,130	$2.614M	0.2%	$108.35 *	$89.81	+8.8%	—	018581108
TT	Trane Technologies plc	5,000	$2.456M	0.2%	$491.16 *	$467.68	-3.4%	—	G8994E103
PVLA	PALVELLA THERAPEUTICS ORD	14,088	$2.153M	0.2%	$152.82 *	$121.38	+13.6%	—	697947109
—	NRG ENERGY INC	1,500	$2.139M	0.2%	$1426.28	—	—	CALL	629377908
URBN	Urban Outfitters	30,000	$2.126M	0.2%	$70.86 *	$71.27	+7.2%	—	917047102
ILMN	Illumina	12,000	$2.11M	0.2%	$175.83 *	$146.41	+86.9%	—	452327109
EROC	ERock, Inc.	140,000	$2.03M	0.2%	$14.50 *	$15.92	-23.0%	—	296013105
B	Barnes Group	55,000	$2.02M	0.2%	$36.73 *	$40.99	-0.8%	—	06849F108
XRAY	DENTSPLY SIRONA	184,700	$1.96M	0.2%	$10.61 *	$10.92	-18.9%	—	24906P109
KR	Kroger Co (The)	35,000	$1.944M	0.2%	$55.53 *	$65.24	-10.1%	—	501044101
TOST	Toast	66,800	$1.858M	0.2%	$27.82 *	$26.08	+11.2%	—	888787108
SHC	Sotera Health Company	103,830	$1.843M	0.2%	$17.75 *	$15.76	+17.3%	—	83601L102
INIO	INNIO NV	45,600	$1.803M	0.2%	$39.55 *	$35.96	-49.6%	—	N52A8C105
ALAB	ASTERA LABS ORD	3,359	$1.622M	0.2%	$483.02 *	$167.29	+112.8%	—	04626A103
—	AMAZON COM INC	2,000	$1.61M	0.2%	$805.00	—	—	CALL	023135906
COGT	Cogent Biosciences	41,300	$1.598M	0.2%	$38.70 *	$34.99	-8.5%	—	19240Q201
JAZZ	Jazz Pharmaceuticals plc	6,100	$1.47M	0.1%	$240.97 *	$219.08	+5.7%	—	G50871105
PATH	UiPath	131,000	$1.424M	0.1%	$10.87 *	$12.73	+0.9%	—	90364P105
BETA	BETA TECHNOLOGIES CL A ORD	77,550	$1.299M	0.1%	$16.75 *	$22.73	-2.8%	—	086921103
SFD	SMITHFIELD FOODS ORD	50,577	$1.227M	0.1%	$24.26 *	$24.80	-24.5%	—	832248207
QNT	QUANTINUUM INC-A	15,000	$1.226M	0.1%	$81.74 *	$64.32	-25.3%	—	74768A104
INGM	INGRAM MICRO HLDG CORP	43,235	$1.186M	0.1%	$27.43 *	$28.09	-4.5%	—	457152106
ARES	Ares Management Corp	9,300	$1.035M	0.1%	$111.31 *	$119.97	-3.2%	—	03990B101
WLTH	WEALTHFRONT CORP	112,800	$1.008M	0.1%	$8.94 *	$10.41	-0.3%	—	947002101
BLTE	BELITE BIO INC	6,400	$986K	0.1%	$153.99 *	$153.27	+10.8%	—	07782B104
—	MICROSOFT CORP	1,000	$891K	0.1%	$891.36	—	—	CALL	594918904
WAY	WAYSTAR HOLDING ORD	33,718	$692K	0.1%	$20.53 *	$36.61	-30.8%	—	946784105
—	DICKS SPORTING GOODS INC	1,000	$685K	0.1%	$685.00	—	—	CALL	253393902
AXTA	Axalta Coating Systems Ltd	16,869	$577K	0.1%	$34.22 *	$29.34	+9.6%	—	G0750C108
LCLN	LINCOLN INTERNATIONAL CL A ORD	22,139	$528K	0.0%	$23.87 *	$23.59	-2.1%	—	533714101
SHW	Sherwin-Williams Company (The)	1,528	$526K	0.0%	$344.32 *	$319.45	+1.2%	—	824348106
MRK	Merck & Co	4,000	$514K	0.0%	$128.50 *	$117.05	+24.1%	—	58933Y105
ANGX	ANGEL STUDIOS INC	130,806	$480K	0.0%	$3.67 *	$2.83	+64.8%	—	034948109
CRDO	Credo Technology Group Holding	1,686	$459K	0.0%	$271.95 *	$197.59	-1.4%	—	G25457105
TLX	TELIX PHARMACEUTICALS ADS	36,100	$416K	0.0%	$11.53 *	$10.18	+7.7%	—	87961M105
LIFE	Ethos Technologies Inc.	20,234	$367K	0.0%	$18.14 *	$11.82	+183.9%	—	29765A101
TDW	Tidewater	5,500	$366K	0.0%	$66.63 *	$69.54	+16.6%	—	88642R109
MTZ	MasTec	880	$366K	0.0%	$416.06 *	$382.29	-44.1%	—	576323109
EQT	EQT Corp	6,500	$346K	0.0%	$53.17 *	$56.11	-13.5%	—	26884L109
—	SELECT SECTOR SPDR TR	80,000	$325K	0.0%	$4.06	—	—	CALL	81369Y906
RKT	Rocket Companies	18,594	$293K	0.0%	$15.75 *	$18.19	-36.7%	—	77311W101
OVV	Ovintiv	5,400	$284K	0.0%	$52.65 *	$57.10	+1.3%	—	69047Q102
UROY	Uranium Royalty Corp	100,000	$278K	0.0%	$2.78 *	$3.51	+15.2%	—	91702V101
—	STATE STR SPDR S&P 500 ETF	1,000	$201K	0.0%	$200.50	—	—	PUT	78462F953
WTI	W&T Offshore	10,000	$31,500	0.0%	$3.15 *	$2.47	+44.4%	—	92922P106
—	SHELL PLC	5,000	$30,850	0.0%	$6.17	—	—	CALL	780259905

Decreased Positions (34)

KKR KKR & Co 0.2%

Value $1.945M (-95.4%) Shares 21,300 (-95.4%) Share Price $91.30 Est. Cost/Share $100.84 Unrealized @ Report Date -9.5%

BP BP plc 0.6%

Value $6.598M (-81.9%) Shares 150,000 (-84.8%) Share Price $43.99 Est. Cost/Share $43.88 Unrealized @ Report Date +0.3%

LPLA LPL Financial Holdings 2.5%

Value $26.77M (-51.2%) Shares 87,551 (-55.1%) Share Price $305.80 Est. Cost/Share $300.15 Unrealized @ Report Date +1.9%

BRUN BOOST RUN INC-CL A 0.8%

Value $8.25M (-71.7%) Shares 500,000 (-33.3%) Share Price $16.50 Est. Cost/Share $23.90 Unrealized @ Report Date -31.0%

BTI British American Tobacco plc 1.4%

Value $15.23M (-43.3%) Shares 280,000 (-35.7%) Share Price $54.40 Est. Cost/Share $59.96 Unrealized @ Report Date -9.3%

SE Sea Limited 0.3%

Value $3.604M (-74.9%) Shares 37,017 (-75.3%) Share Price $97.36 Est. Cost/Share $87.91 Unrealized @ Report Date +10.7%

RDDT REDDIT CL A ORD 1.2%

Value $12.82M (-38.5%) Shares 90,000 (-25.0%) Share Price $142.44 Est. Cost/Share $160.15 Unrealized @ Report Date -11.1%

AXGN Axogen 1.4%

Value $14.79M (-31.1%) Shares 352,759 (-24.1%) Share Price $41.92 Est. Cost/Share $32.51 Unrealized @ Report Date +28.9%

MTD Mettler-Toledo International 0.2%

Value $1.707M (-76.6%) Shares 1,130 (-80.2%) Share Price $1510.95 Est. Cost/Share $1205.69 Unrealized @ Report Date +25.3%

TROW T Rowe Price Group 1.2%

Value $12.75M (-27.8%) Shares 122,550 (-21.1%) Share Price $104.05 Est. Cost/Share $99.37 Unrealized @ Report Date +4.7%

COF Capital One Financial 0.6%

Value $5.879M (-42.1%) Shares 30,450 (-39.8%) Share Price $193.07 Est. Cost/Share $191.29 Unrealized @ Report Date +0.9%

AMG Affiliated Managers Group 1.8%

Value $19.19M (-17.8%) Shares 52,500 (-24.0%) Share Price $365.61 Est. Cost/Share $310.11 Unrealized @ Report Date +17.9%

PNFP PINNACLE FINANCIAL PARTNERS INC 0.1%

Value $1.075M (-79.2%) Shares 11,481 (-77.6%) Share Price $93.61 Est. Cost/Share $95.97 Unrealized @ Report Date -2.5%

NWG NatWest Group plc 0.6%

Value $6.465M (-37.6%) Shares 356,200 (-39.3%) Share Price $18.15 Est. Cost/Share $16.08 Unrealized @ Report Date +12.9%

FLUT FLUTTER ENTERTAINMENT ORD 0.4%

Value $3.727M (-47.9%) Shares 50,000 (-28.6%) Share Price $74.54 Est. Cost/Share $124.20 Unrealized @ Report Date -40.0%

REAL RealReal (The) 0.3%

Value $3.627M (-47.1%) Shares 410,344 (-29.4%) Share Price $8.84 Est. Cost/Share $7.06 Unrealized @ Report Date +25.2%

APO Apollo Global Management 0.1%

Value $1.161M (-68.1%) Shares 10,000 (-67.5%) Share Price $116.06 Est. Cost/Share $130.98 Unrealized @ Report Date -11.4%

SHEL Shell plc 3.6%

Value $38.02M (+6.8%) Shares 400,000 (-12.9%) Share Price $95.05 Est. Cost/Share $86.32 Unrealized @ Report Date +10.1%

KARO Karooooo Ltd 1.3%

Value $13.39M (-15.0%) Shares 223,195 (-30.1%) Share Price $60.00 Est. Cost/Share $44.81 Unrealized @ Report Date +33.9%

FDS Factset Research Systems 1.8%

Value $19.45M (+13.5%) Shares 72,039 (-3.3%) Share Price $269.95 Est. Cost/Share $229.66 Unrealized @ Report Date +17.5%

GOOGL Alphabet Inc - Class A 0.9%

Value $9.327M (-16.0%) Shares 27,107 (-12.7%) Share Price $344.08 Est. Cost/Share $157.43 Unrealized @ Report Date +118.6%

KFS KINGSWAY CORPORATION 1.2%

Value $13.2M (-10.2%) Shares 1,389,527 (-1.5%) Share Price $9.50 Est. Cost/Share $12.11 Unrealized @ Report Date —

BRK/B Berkshire Hathaway 0.9%

Value $9.766M (-13.1%) Shares 19,612 (-12.7%) Share Price $497.95 Est. Cost/Share $408.20 Unrealized @ Report Date +22.0%

V VISA 0.5%

Value $5.778M (-18.1%) Shares 16,079 (-21.8%) Share Price $359.33 Est. Cost/Share $260.90 Unrealized @ Report Date +37.7%

BAM Brookfield Asset Management Ltd 0.2%

Value $2.488M (-32.7%) Shares 55,800 (-32.3%) Share Price $44.58 Est. Cost/Share $47.21 Unrealized @ Report Date -5.6%

LUXE LUXEXPERIENCE ADS REP ORD 0.5%

Value $5.638M (-16.8%) Shares 568,324 (-37.6%) Share Price $9.92 Est. Cost/Share $7.48 Unrealized @ Report Date +32.5%

RL Ralph Lauren Corp 0.3%

Value $3.018M (-23.9%) Shares 8,500 (-14.0%) Share Price $355.07 Est. Cost/Share $355.45 Unrealized @ Report Date -0.1%

CRL Charles River Laboratories International 0.6%

Value $6.194M (-12.7%) Shares 20,997 (-32.9%) Share Price $295.01 Est. Cost/Share $178.08 Unrealized @ Report Date +65.7%

PEP PepsiCo 0.3%

Value $3.704M (-18.3%) Shares 29,230 (-12.7%) Share Price $126.72 Est. Cost/Share $145.77 Unrealized @ Report Date -13.1%

ABBV ABBVIE 0.6%

Value $6.259M (-9.2%) Shares 23,926 (-12.7%) Share Price $261.59 Est. Cost/Share $221.56 Unrealized @ Report Date +18.1%

SN SHARKNINJA ORD 1.3%

Value $13.51M (+0.8%) Shares 75,000 (-14.8%) Share Price $180.12 Est. Cost/Share $117.79 Unrealized @ Report Date +52.9%

AMZN Amazon.com 1.0%

Value $10.75M (+1.0%) Shares 43,132 (-3.4%) Share Price $249.15 Est. Cost/Share $199.98 Unrealized @ Report Date +24.6%

JNJ Johnson & Johnson 0.0%

Value $371K (-14.2%) Shares 1,400 (-17.6%) Share Price $264.74 Est. Cost/Share $233.06 Unrealized @ Report Date +13.6%

HMH HMH HOLDING INC 0.0%

Value $333K (-15.4%) Shares 19,000 (-9.5%) Share Price $17.52 Est. Cost/Share $20.46 Unrealized @ Report Date -14.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
KKR	KKR & Co	21,300 (-95.4%)	$1.945M (-95.4%)	0.2%	$91.30	$100.84	-9.5%	COM	48251W104
BP	BP plc	150,000 (-84.8%)	$6.598M (-81.9%)	0.6%	$43.99	$43.88	+0.3%	SPONSORED ADR	055622104
LPLA	LPL Financial Holdings	87,551 (-55.1%)	$26.77M (-51.2%)	2.5%	$305.80	$300.15	+1.9%	COM	50212V100
BRUN	BOOST RUN INC-CL A	500,000 (-33.3%)	$8.25M (-71.7%)	0.8%	$16.50	$23.90	-31.0%	ORD SHS CL A	09940T100
BTI	British American Tobacco plc	280,000 (-35.7%)	$15.23M (-43.3%)	1.4%	$54.40	$59.96	-9.3%	SPONSORED ADR	110448107
SE	Sea Limited	37,017 (-75.3%)	$3.604M (-74.9%)	0.3%	$97.36	$87.91	+10.7%	SPONSORD ADS	81141R100
RDDT	REDDIT CL A ORD	90,000 (-25.0%)	$12.82M (-38.5%)	1.2%	$142.44	$160.15	-11.1%	CL A	75734B100
AXGN	Axogen	352,759 (-24.1%)	$14.79M (-31.1%)	1.4%	$41.92	$32.51	+28.9%	COM	05463X106
MTD	Mettler-Toledo International	1,130 (-80.2%)	$1.707M (-76.6%)	0.2%	$1510.95	$1205.69	+25.3%	COM	592688105
TROW	T Rowe Price Group	122,550 (-21.1%)	$12.75M (-27.8%)	1.2%	$104.05	$99.37	+4.7%	COM	74144T108
COF	Capital One Financial	30,450 (-39.8%)	$5.879M (-42.1%)	0.6%	$193.07	$191.29	+0.9%	COM	14040H105
AMG	Affiliated Managers Group	52,500 (-24.0%)	$19.19M (-17.8%)	1.8%	$365.61	$310.11	+17.9%	COM	008252108
PNFP	PINNACLE FINANCIAL PARTNERS INC	11,481 (-77.6%)	$1.075M (-79.2%)	0.1%	$93.61	$95.97	-2.5%	COM	72348N109
NWG	NatWest Group plc	356,200 (-39.3%)	$6.465M (-37.6%)	0.6%	$18.15	$16.08	+12.9%	SPONS ADR	639057207
FLUT	FLUTTER ENTERTAINMENT ORD	50,000 (-28.6%)	$3.727M (-47.9%)	0.4%	$74.54	$124.20	-40.0%	SHS	G3643J108
REAL	RealReal (The)	410,344 (-29.4%)	$3.627M (-47.1%)	0.3%	$8.84	$7.06	+25.2%	COM	88339P101
APO	Apollo Global Management	10,000 (-67.5%)	$1.161M (-68.1%)	0.1%	$116.06	$130.98	-11.4%	COM	03769M106
SHEL	Shell plc	400,000 (-12.9%)	$38.02M (+6.8%)	3.6%	$95.05	$86.32	+10.1%	SPON ADS	780259305
KARO	Karooooo Ltd	223,195 (-30.1%)	$13.39M (-15.0%)	1.3%	$60.00	$44.81	+33.9%	ORD SHS	Y4600W108
FDS	Factset Research Systems	72,039 (-3.3%)	$19.45M (+13.5%)	1.8%	$269.95	$229.66	+17.5%	COM	303075105
GOOGL	Alphabet Inc - Class A	27,107 (-12.7%)	$9.327M (-16.0%)	0.9%	$344.08	$157.43	+118.6%	CAP STK CL A	02079K305
KFS	KINGSWAY CORPORATION	1,389,527 (-1.5%)	$13.2M (-10.2%)	1.2%	$9.50	$12.11	—	COM NEW	496904202
BRK/B	Berkshire Hathaway	19,612 (-12.7%)	$9.766M (-13.1%)	0.9%	$497.95	$408.20	+22.0%	CL B NEW	084670702
V	VISA	16,079 (-21.8%)	$5.778M (-18.1%)	0.5%	$359.33	$260.90	+37.7%	COM CL A	92826C839
BAM	Brookfield Asset Management Ltd	55,800 (-32.3%)	$2.488M (-32.7%)	0.2%	$44.58	$47.21	-5.6%	CL A LMT VTG SHS	113004105
LUXE	LUXEXPERIENCE ADS REP ORD	568,324 (-37.6%)	$5.638M (-16.8%)	0.5%	$9.92	$7.48	+32.5%	ADS	55406W103
RL	Ralph Lauren Corp	8,500 (-14.0%)	$3.018M (-23.9%)	0.3%	$355.07	$355.45	-0.1%	COM	751212101
CRL	Charles River Laboratories International	20,997 (-32.9%)	$6.194M (-12.7%)	0.6%	$295.01	$178.08	+65.7%	COM	159864107
PEP	PepsiCo	29,230 (-12.7%)	$3.704M (-18.3%)	0.3%	$126.72	$145.77	-13.1%	COM	713448108
ABBV	ABBVIE	23,926 (-12.7%)	$6.259M (-9.2%)	0.6%	$261.59	$221.56	+18.1%	COM	00287Y109
SN	SHARKNINJA ORD	75,000 (-14.8%)	$13.51M (+0.8%)	1.3%	$180.12	$117.79	+52.9%	COM	G8068L108
AMZN	Amazon.com	43,132 (-3.4%)	$10.75M (+1.0%)	1.0%	$249.15	$199.98	+24.6%	COM	023135106
JNJ	Johnson & Johnson	1,400 (-17.6%)	$371K (-14.2%)	0.0%	$264.74	$233.06	+13.6%	COM	478160104
HMH	HMH HOLDING INC	19,000 (-9.5%)	$333K (-15.4%)	0.0%	$17.52	$20.46	-14.4%	CL A	40445M100

Unchanged Positions (14)

BKD Brookdale Senior Living 1.6%

Value $17M Shares 1,570,000 Share Price $10.83 Est. Cost/Share $13.60 Unrealized @ Report Date -20.4%

FRMI FERMI INC 0.3%

Value $3.684M Shares 875,000 Share Price $4.21 Est. Cost/Share $6.32 Unrealized @ Report Date -33.4%

TSM Taiwan Semiconductor Manufacturing Company Ltd 1.9%

Value $20.16M Shares 44,200 Share Price $456.19 Est. Cost/Share $405.79 Unrealized @ Report Date +12.4%

— SEA LIMITED 0.0%

Value $24,180 Shares 1,500 Share Price $16.12 Est. Cost/Share — Unrealized @ Report Date —

MXCT MaxCyte 0.9%

Value $9.184M Shares 8,200,000 Share Price $1.12 Est. Cost/Share $0.93 Unrealized @ Report Date +20.0%

KSPI JSC KASPI GLOBAL SPON ADS REP ORD 1.1%

Value $11.14M Shares 118,420 Share Price $94.06 Est. Cost/Share $79.29 Unrealized @ Report Date +18.6%

VEEV Veeva Systems 0.2%

Value $2.212M Shares 7,750 Share Price $285.45 Est. Cost/Share $185.23 Unrealized @ Report Date +54.1%

CRH CRH Public Limited 0.2%

Value $2.484M Shares 30,000 Share Price $82.80 Est. Cost/Share $110.00 Unrealized @ Report Date -24.7%

IBIT ISHARES BITCOIN ETF 0.1%

Value $1.42M Shares 30,000 Share Price $47.34 Est. Cost/Share $54.94 Unrealized @ Report Date -13.8%

BN Brookfield Corp 0.2%

Value $2.461M Shares 67,500 Share Price $36.46 Est. Cost/Share $42.86 Unrealized @ Report Date -14.9%

ETN Eaton Corp 0.3%

Value $3.438M Shares 8,000 Share Price $429.71 Est. Cost/Share $403.27 Unrealized @ Report Date +6.6%

EGY Vaalco Energy 0.0%

Value $340K Shares 60,000 Share Price $5.66 Est. Cost/Share $5.04 Unrealized @ Report Date +12.3%

BUR Burford Capital Limited 0.0%

Value $529K Shares 135,000 Share Price $3.92 Est. Cost/Share $12.33 Unrealized @ Report Date -68.2%

HEPS D MARKET ELECTRONIC SERVICES TRA ADR 0.0%

Value $71,795 Shares 29,185 Share Price $2.46 Est. Cost/Share $2.79 Unrealized @ Report Date -11.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BKD	Brookdale Senior Living	1,570,000	$17M	1.6%	$10.83	$13.60	-20.4%	COM	112463104
FRMI	FERMI INC	875,000	$3.684M	0.3%	$4.21	$6.32	-33.4%	COM	314911108
TSM	Taiwan Semiconductor Manufacturing Company Ltd	44,200	$20.16M	1.9%	$456.19	$405.79	+12.4%	SPONSORED ADS	874039100
—	SEA LIMITED	1,500	$24,180	0.0%	$16.12	—	—	CALL	81141R900
MXCT	MaxCyte	8,200,000	$9.184M	0.9%	$1.12	$0.93	+20.0%	COM	57777K106
KSPI	JSC KASPI GLOBAL SPON ADS REP ORD	118,420	$11.14M	1.1%	$94.06	$79.29	+18.6%	SPONSORED ADS	48581R205
VEEV	Veeva Systems	7,750	$2.212M	0.2%	$285.45	$185.23	+54.1%	CL A COM	922475108
CRH	CRH Public Limited	30,000	$2.484M	0.2%	$82.80	$110.00	-24.7%	ORD	G25508105
IBIT	ISHARES BITCOIN ETF	30,000	$1.42M	0.1%	$47.34	$54.94	-13.8%	SHS BEN INT	46438F101
BN	Brookfield Corp	67,500	$2.461M	0.2%	$36.46	$42.86	-14.9%	CL A LTD VT SH	11271J107
ETN	Eaton Corp	8,000	$3.438M	0.3%	$429.71	$403.27	+6.6%	SHS	G29183103
EGY	Vaalco Energy	60,000	$340K	0.0%	$5.66	$5.04	+12.3%	COM NEW	91851C201
BUR	Burford Capital Limited	135,000	$529K	0.0%	$3.92	$12.33	-68.2%	ORD SHS	G17977110
HEPS	D MARKET ELECTRONIC SERVICES TRA ADR	29,185	$71,795	0.0%	$2.46	$2.79	-11.7%	SPONSORED ADS	23292B104