Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BABA	ALIBABA GROUP HLDG LTD	977,100 (+2342.8%)	$171M (+2571.8%)	4.0%	$115.94	—	CALL	01609W102
PYPL	PAYPAL HLDGS INC	13,365,300 (+49.3%)	$936M (+10.0%)	21.8%	$52.67	—	CALL	70450Y103
VFC	V F CORP	3,897,900 (+29.9%)	$58.47M (-22.0%)	1.4%	$14.44	—	CALL	918204108
PYPL	PAYPAL HLDGS INC	683,903 (+38.5%)	$29.53M (+32.2%)	0.7%	$52.67	—	COM	70450Y103
HRL	HORMEL FOODS CORP	706,600 (+2.6%)	$14.13M (-31.6%)	0.3%	$25.18	—	CALL	440452100
BAX	BAXTER INTL INC	820,700 (+8.9%)	$16.41M (-27.4%)	0.4%	$22.03	—	CALL	071813109
XRAY	DENTSPLY SIRONA INC	1,622,385 (+60.9%)	$17.21M (+47.2%)	0.4%	$11.46	—	COM	24906P109
SWK	STANLEY BLACK & DECKER INC	134,156 (+29.4%)	$12.63M (+71.3%)	0.3%	$76.55	—	COM	854502101
BAX	BAXTER INTL INC	609,686 (+25.7%)	$13M (+59.5%)	0.3%	$22.03	—	COM	071813109
PZZA	PAPA JOHNS INTL INC	373,486 (+33.2%)	$13.73M (+51.1%)	0.3%	$38.89	—	COM	698813102
DEO	DIAGEO PLC	142,128 (+54.3%)	$11.42M (+66.6%)	0.3%	$84.45	—	SPON ADR NEW	25243Q205
EL	LAUDER ESTEE COS INC	62,350 (+242.3%)	$4.923M (+276.5%)	0.1%	$82.58	—	CL A	518439104
BABA	ALIBABA GROUP HLDG LTD	66,581 (+194.5%)	$6.39M (+125.3%)	0.1%	$115.94	—	SPONSORED ADS	01609W102
HRL	HORMEL FOODS CORP	437,695 (+26.4%)	$10.86M (+38.5%)	0.3%	$25.18	—	COM	440452100
GXO	GXO LOGISTICS INCORPORATED	149,313 (+66.3%)	$7.57M (+62.7%)	0.2%	$51.17	—	COMMON STOCK	36262G101
QXO	QXO INC	520,878 (+65.1%)	$9.001M (+46.9%)	0.2%	$19.17	—	COM NEW	82846H405
PFE	PFIZER INC	1,055,400 (+19.0%)	$21.11M (-11.8%)	0.5%	$26.18	—	CALL	717081103
AAP	ADVANCE AUTO PARTS INC	190,207 (+6.5%)	$11.83M (+25.6%)	0.3%	$55.07	—	COM	00751Y106
CRK	COMSTOCK RES INC	453,929 (+112.4%)	$6.773M (+50.3%)	0.2%	$16.81	—	COM	205768302
VFC	V F CORP	620,526 (+19.9%)	$10.35M (+17.7%)	0.2%	$14.44	—	COM	918204108
CCI	CROWN CASTLE INC	98,230 (+6.0%)	$7.439M (-1.3%)	0.2%	$92.22	—	COM	22822V101
GOOS	CANADA GOOSE HLDGS INC	158,723 (+20.2%)	$1.509M (+4.2%)	0.0%	$12.26	—	SHS SUB VTG	135086106
TLT	ISHARES TR	8,050 (+3.9%)	$696K (+3.6%)	0.0%	$87.97	—	20 YR TR BD ETF	464287432

Exited Positions (3)

ETSY ETSY INC 0.5%

Value $19.39M Shares 277,000 Est. Cost $58.95 Unrealized —

INTC INTEL CORP 0.1%

Value $4.512M Shares 102,243 Est. Cost $24.23 Unrealized —

GNRC GENERAC HLDGS INC 0.1%

Value $2.787M Shares 14,267 Est. Cost $174.77 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ETSY	ETSY INC	277,000	$19.39M	0.5%	$58.95	—	CALL	29786A106
INTC	INTEL CORP	102,243	$4.512M	0.1%	$24.23	—	—	458140100
GNRC	GENERAC HLDGS INC	14,267	$2.787M	0.1%	$174.77	—	—	368736104

Decreased Positions (16)

SWK STANLEY BLACK & DECKER INC 6.5%

Value $279M (-5.2%) Shares 2,423,700 (-5.2%) Est. Cost $76.55 Unrealized —

AAP ADVANCE AUTO PARTS INC 0.2%

Value $7.191M (-49.8%) Shares 159,800 (-22.0%) Est. Cost $55.07 Unrealized —

ETSY ETSY INC 0.1%

Value $5.946M (+17.8%) Shares 78,932 (-21.8%) Est. Cost $58.95 Unrealized —

NOV NOV INC 0.1%

Value $3.478M (-19.3%) Shares 173,900 (-19.3%) Est. Cost $13.27 Unrealized —

NOV NOV INC 0.1%

Value $4.69M (-8.8%) Shares 252,818 (-7.5%) Est. Cost $13.27 Unrealized —

DIS DISNEY WALT CO 0.0%

Value $2.131M (-5.6%) Shares 22,142 (-5.5%) Est. Cost $116.99 Unrealized —

PFE PFIZER INC 0.0%

Value $303K (-27.0%) Shares 12,572 (-14.9%) Est. Cost $26.18 Unrealized —

BIDU BAIDU INC 0.0%

Value $1.936M (-4.7%) Shares 16,935 (-7.1%) Est. Cost $131.77 Unrealized —

VTI VANGUARD INDEX FDS 0.0%

Value $1.019M (+9.0%) Shares 2,755 (-5.5%) Est. Cost $324.89 Unrealized —

BA BOEING CO 0.1%

Value $3.859M (-1.1%) Shares 17,828 (-9.1%) Est. Cost $225.47 Unrealized —

VXUS VANGUARD STAR FDS 0.0%

Value $1.001M (+4.5%) Shares 11,706 (-5.7%) Est. Cost $75.02 Unrealized —

VNQ VANGUARD INDEX FDS 0.0%

Value $924K (+2.8%) Shares 9,584 (-5.4%) Est. Cost $90.02 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.0%

Value $492K (+4.2%) Shares 8,241 (-5.7%) Est. Cost $54.12 Unrealized —

TIP ISHARES TR 0.0%

Value $653K (-2.5%) Shares 5,967 (-1.6%) Est. Cost $110.78 Unrealized —

TLT ISHARES TR 0.5%

Value $23M (0.0%) Shares 2,300 (-99.0%) Est. Cost $87.97 Unrealized —

GXO GXO LOGISTICS INCORPORATED 0.0%

Value $1.1M (0.0%) Shares 200 (-99.0%) Est. Cost $51.17 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SWK	STANLEY BLACK & DECKER INC	2,423,700 (-5.2%)	$279M (-5.2%)	6.5%	$76.55	—	CALL	854502101
AAP	ADVANCE AUTO PARTS INC	159,800 (-22.0%)	$7.191M (-49.8%)	0.2%	$55.07	—	CALL	00751Y106
ETSY	ETSY INC	78,932 (-21.8%)	$5.946M (+17.8%)	0.1%	$58.95	—	COM	29786A106
NOV	NOV INC	173,900 (-19.3%)	$3.478M (-19.3%)	0.1%	$13.27	—	CALL	62955J103
NOV	NOV INC	252,818 (-7.5%)	$4.69M (-8.8%)	0.1%	$13.27	—	COM	62955J103
DIS	DISNEY WALT CO	22,142 (-5.5%)	$2.131M (-5.6%)	0.0%	$116.99	—	COM	254687106
PFE	PFIZER INC	12,572 (-14.9%)	$303K (-27.0%)	0.0%	$26.18	—	COM	717081103
BIDU	BAIDU INC	16,935 (-7.1%)	$1.936M (-4.7%)	0.0%	$131.77	—	SPON ADR REP A	056752108
VTI	VANGUARD INDEX FDS	2,755 (-5.5%)	$1.019M (+9.0%)	0.0%	$324.89	—	TOTAL STK MKT	922908769
BA	BOEING CO	17,828 (-9.1%)	$3.859M (-1.1%)	0.1%	$225.47	—	COM	097023105
VXUS	VANGUARD STAR FDS	11,706 (-5.7%)	$1.001M (+4.5%)	0.0%	$75.02	—	VG TL INTL STK F	921909768
VNQ	VANGUARD INDEX FDS	9,584 (-5.4%)	$924K (+2.8%)	0.0%	$90.02	—	REAL ESTATE ETF	922908553
VWO	VANGUARD INTL EQUITY INDEX F	8,241 (-5.7%)	$492K (+4.2%)	0.0%	$54.12	—	FTSE EMR MKT ETF	922042858
TIP	ISHARES TR	5,967 (-1.6%)	$653K (-2.5%)	0.0%	$110.78	—	TIPS BD ETF	464287176
TLT	ISHARES TR	2,300 (-99.0%)	$23M (0.0%)	0.5%	$87.97	—	CALL	464287432
GXO	GXO LOGISTICS INCORPORATED	200 (-99.0%)	$1.1M (0.0%)	0.0%	$51.17	—	CALL	36262G101

Unchanged Positions (5)

CPS COOPER-STANDARD HOLDINGS INC 0.2%

Value $8.919M Shares 329,738 Est. Cost $30.48 Unrealized —

DIS DISNEY WALT CO 0.1%

Value $5.175M Shares 45,000 Est. Cost $116.99 Unrealized —

EL LAUDER ESTEE COS INC 0.0%

Value $125K Shares 2,500 Est. Cost $82.58 Unrealized —

CCI CROWN CASTLE INC 0.3%

Value $13.22M Shares 115,000 Est. Cost $92.22 Unrealized —

PZZA PAPA JOHNS INTL INC 0.1%

Value $2.362M Shares 52,500 Est. Cost $38.89 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CPS	COOPER-STANDARD HOLDINGS INC	329,738	$8.919M	0.2%	$30.48	—	COM	21676P103
DIS	DISNEY WALT CO	45,000	$5.175M	0.1%	$116.99	—	CALL	254687106
EL	LAUDER ESTEE COS INC	2,500	$125K	0.0%	$82.58	—	CALL	518439104
CCI	CROWN CASTLE INC	115,000	$13.22M	0.3%	$92.22	—	CALL	22822V101
PZZA	PAPA JOHNS INTL INC	52,500	$2.362M	0.1%	$38.89	—	CALL	698813102