CREDIT INDUSTRIEL ET COMMERCIAL

13F filer, CIK 1274419, PARIS FRANCE, France

CREDIT INDUSTRIEL ET COMMERCIAL reported $942,588,955 across 339 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-15. Its ten largest share positions make up 32.34% of the portfolio.

Filed 2025-05-15 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:06 UTC13F-HR 0001274419-25-000017

Period: 2025-03-31
Reported value: $943M
Holdings: 339
Top 10 weight: 32.34%
New: 159
Sold out: 119

Largest buys vs the previous quarter

Security	Shares change	Approx. value
GOOGLnew	+181,557	$28.1M
INTRA-CELLULAR THERAPIES INCnew	+162,062	$21.4M
AMZNnew	+96,684	$18.4M
HEWLETT PACKARD ENTERPRISE Cadded	+350,000	$16.7M
DISCOVER FINL SVCSadded	+59,694	$10.2M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
EWZreduced	-719,921	-$18.6M
GOOGexited	-84,937	-$16.2M
EDRexited	-269,285	-$8.43M
SMARTSHEET INC. (CLASS A)exited	-102,250	-$5.73M
LBTYAreduced	-485,051	-$5.58M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2025

Share positions as resolved from 13F-HR 0001274419-25-000017, largest first. % of portfolio is the value over $552,012,376, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
ARES MANAGEMENT CORPORATIONARES MANAGEMENT CORPORATION	625,000	$29.1M	5.27%	0
GOOGLALPHABET INC	181,557	$28.1M	5.09%	new	Timeline
HEWLETT PACKARD ENTERPRISE CHEWLETT PACKARD ENTERPRISE C	500,000	$23.9M	4.33%	+350,000
INTRA-CELLULAR THERAPIES INCINTRA-CELLULAR THERAPIES INC	162,062	$21.4M	3.87%	new
AMZNAMAZON COM INC	96,684	$18.4M	3.33%	new	Timeline
DISCOVER FINL SVCSDISCOVER FINL SVCS	80,503	$13.7M	2.49%	+59,694
NEENEXTERA ENERGY INC	225,000	$10.8M	1.95%	+25,000	Timeline
PLAYA HOTELS & RESORTS NVPLAYA HOTELS & RESORTS NV	748,102	$9.97M	1.81%	new
NWSANEWS CORP NEW	361,961	$9.85M	1.78%	+65,142	Timeline
PAYCOR HCM INCPAYCOR HCM INC	437,059	$9.81M	1.78%	new
DESPEGAR COM CORPDESPEGAR COM CORP	510,000	$9.58M	1.74%	new
FOXFOX CORP	158,907	$8.38M	1.52%	new	Timeline
ALBEMARLE CORPALBEMARLE CORP	225,000	$8.05M	1.46%	0
BRK-ABERKSHIRE HATHAWAY INC DEL	10	$7.98M	1.45%	0	Timeline
UAAUNDER ARMOUR INC	1,276,989	$7.98M	1.45%	new	Timeline
CUKCARNIVAL PLC	455,041	$7.98M	1.45%	0	Timeline
FYBRFRONTIER COMMUNICATIONS PARE	218,199	$7.82M	1.42%	+97,594	Timeline
PG&E CORPPG&E CORP	175,000	$7.45M	1.35%	new
XLESELECT SECTOR SPDR TR	67,965	$6.35M	1.15%	-26,358	Timeline
ENSTAR GROUP LIMITEDENSTAR GROUP LIMITED	16,714	$5.56M	1.01%	0
DUN & BRADSTREET HLDGS INCDUN & BRADSTREET HLDGS INC	581,860	$5.2M	0.94%	new
KKELLANOVA	63,000	$5.2M	0.94%	+38,000	Timeline
BEPBROOKFIELD RENEWABLE ENERGY	231,500	$5.13M	0.93%	new	Timeline
AAPLAPPLE INC	22,833	$5.07M	0.92%	+17,413	Timeline
SOXXISHARES TR	25,950	$4.88M	0.88%	new	Timeline
EVERI HLDGS INCEVERI HLDGS INC	356,251	$4.87M	0.88%	+187,501
JUNIPER NETWORKS INCJUNIPER NETWORKS INC	132,335	$4.79M	0.87%	-10,147
EVANS BANCORP INCEVANS BANCORP INC	121,420	$4.73M	0.86%	0
LBRDALIBERTY BROADBAND CORP	54,985	$4.67M	0.85%	0	Timeline
H&E EQUIPMENT SERVICES INCH&E EQUIPMENT SERVICES INC	48,633	$4.61M	0.84%	new
PATTERSON COS INCPATTERSON COS INC	146,755	$4.58M	0.83%	+101,755
AMEDISYS INCAMEDISYS INC	48,399	$4.48M	0.81%	+10,000
SGRYSURGERY PARTNERS INC	183,001	$4.35M	0.79%	new	Timeline
UBSUBS GROUP AG	141,133	$4.3M	0.78%	+123,560	Timeline
SMHVANECK ETF TRUST	20,048	$4.24M	0.77%	new	Timeline
HEI-AHEICO CORP NEW	18,421	$3.89M	0.7%	-15,916	Timeline
XLYSELECT SECTOR SPDR TR	19,653	$3.88M	0.7%	new	Timeline
XBISPDR SERIES TRUST	47,478	$3.85M	0.7%	+32,434	Timeline
UHAL-BU HAUL HOLDING COMPANY	62,820	$3.72M	0.67%	new	Timeline
FIRST LONG IS CORPFIRST LONG IS CORP	301,010	$3.72M	0.67%	+200,001
LOGILITY SUPPLY CHAIN SOLUT…LOGILITY SUPPLY CHAIN SOLUTIONS	246,051	$3.51M	0.64%	new
FIRST BANCSHARES INC MISSFIRST BANCSHARES INC MISS	100,001	$3.38M	0.61%	0
GRFSGRIFOLS S A	460,855	$3.28M	0.59%	-149,000	Timeline
CATCATERPILLAR INC	9,604	$3.17M	0.57%	new	Timeline
RACEFERRARI N V	6,643	$2.82M	0.51%	+1,442	Timeline
BIPBROOKFIELD INFRASTRUCTURE PA	93,629	$2.79M	0.51%	new	Timeline
Surmodics IncSurmodics Inc	85,500	$2.61M	0.47%	+29,000
PARAGON 28 INCPARAGON 28 INC	194,742	$2.54M	0.46%	new
BXBLACKSTONE INC	18,095	$2.53M	0.46%	new	Timeline
PLAYAGS INCPLAYAGS INC	204,864	$2.48M	0.45%	0
BMRNBIOMARIN PHARMACEUTICAL INC	35,013	$2.48M	0.45%	0	Timeline
LBTYALIBERTY GLOBAL LTD	208,607	$2.4M	0.43%	-485,051	Timeline
CTSHCOGNIZANT TECHNOLOGY SOLUTIO	30,363	$2.32M	0.42%	+24,860	Timeline
LOGILOGITECH INTL S A	27,179	$2.28M	0.41%	+14,170	Timeline
Checkpoint Therapeutics IncCheckpoint Therapeutics Inc	560,000	$2.26M	0.41%	new
CFCF INDUSTRIES HOLD	28,699	$2.24M	0.41%	+15,366	Timeline
EWTISHARES INC	45,597	$2.16M	0.39%	new	Timeline
EWZISHARES INC	83,121	$2.15M	0.39%	-719,921	Timeline
RYAAYRYANAIR HOLDINGS PLC	49,001	$2.08M	0.38%	+24,000	Timeline
FIRST FINANCIAL NORTHWEST INFIRST FINANCIAL NORTHWEST IN	89,964	$2.04M	0.37%	-45,080
SNPSSYNOPSYS INC	4,572	$1.96M	0.36%	new	Timeline
MARKFORGED HLDG CORP EQUCOR…MARKFORGED HLDG CORP EQUCORP ACT …	415,420	$1.94M	0.35%	+305,800
DEDEERE & CO	4,097	$1.92M	0.35%	+1,195	Timeline
GLOBAL BLUE GROUP HOLDING A…GLOBAL BLUE GROUP HOLDING AG ORD …	260,600	$1.92M	0.35%	new
WFCWELLS FARGO & CO	26,611	$1.91M	0.35%	new	Timeline
SWKSTANLEY BLACK & DECKER INC	24,184	$1.86M	0.34%	new	Timeline
NEVRO CORPNEVRO CORP	315,880	$1.84M	0.33%	new
FFORD MTR CO	182,677	$1.83M	0.33%	-129,814	Timeline
SRGSERITAGE GROWTH PPTYS	561,648	$1.81M	0.33%	+9,800	Timeline
PACTIV EVERGREEN INCPACTIV EVERGREEN INC	100,000	$1.8M	0.33%	0
CNNECANNAE HLDGS INC	95,235	$1.75M	0.32%	-55,547	Timeline
BLKBBLACKBAUD INC	27,332	$1.7M	0.31%	+19,485	Timeline
NEXTERA ENERGY INCNEXTERA ENERGY INC	40,000	$1.62M	0.29%	0
AMDADVANCED MICRO DEVICES INC	15,755	$1.62M	0.29%	new	Timeline
INTUINTUIT	2,627	$1.61M	0.29%	+2,257	Timeline
INDAISHARES TR	30,803	$1.59M	0.29%	new	Timeline
ALTUS POWER INCALTUS POWER INC	319,879	$1.58M	0.29%	new
2SEVENTY BIO INC COMMON STO…2SEVENTY BIO INC COMMON STOCK	320,000	$1.58M	0.29%	new
SYKSTRYKER CORPORATION	4,158	$1.55M	0.28%	new	Timeline
ROIVROIVANT SCIENCES LTD	150,000	$1.51M	0.27%	0	Timeline
ADPAUTOMATIC DATA PROCESSING IN	4,934	$1.51M	0.27%	new	Timeline
ACCOLADE INCACCOLADE INC	211,200	$1.47M	0.27%	new
NORDSTROM INCNORDSTROM INC	60,000	$1.47M	0.27%	new
EXPEEXPEDIA GROUP INC	8,638	$1.45M	0.26%	+8,369	Timeline
MOSMOSAIC CO	53,689	$1.45M	0.26%	+25,378	Timeline
CHIMERIX INC COMCHIMERIX INC COM	170,000	$1.45M	0.26%	new
CSXCSX CORP	48,813	$1.44M	0.26%	new	Timeline
MDTMEDTRONIC PLC	15,941	$1.43M	0.26%	+6,383	Timeline
FITBFIFTH THIRD BANCORP	36,415	$1.43M	0.26%	new	Timeline
ALGMALLEGRO MICROSYSTEMS INC	56,206	$1.41M	0.26%	new	Timeline
STLASTELLANTIS N.V	125,663	$1.39M	0.25%	+22,410	Timeline
HALHALLIBURTON CO	54,720	$1.39M	0.25%	new	Timeline
TROWPRICE T ROWE GROUP INC	15,073	$1.38M	0.25%	+12,604	Timeline
MONEYLION INCMONEYLION INC	16,000	$1.38M	0.25%	0
CSCOCISCO SYS INC	22,183	$1.37M	0.25%	new	Timeline
SIRISIRIUSXM HOLDINGS INC	60,385	$1.36M	0.25%	0	Timeline
BERRY GLOBAL GROUP INCBERRY GLOBAL GROUP INC	19,283	$1.35M	0.24%	new
GNRCGENERAC HLDGS INC	10,545	$1.34M	0.24%	new	Timeline
UBERUBER TECHNOLOGIES INC	18,096	$1.32M	0.24%	+484	Timeline
LENLENNAR CORP	11,477	$1.32M	0.24%	0	Timeline
FXIISHARES TR	35,842	$1.28M	0.23%	-8,449	Timeline
ALCALCON AG	13,522	$1.28M	0.23%	+7,700	Timeline
PINSPINTEREST INC	41,182	$1.28M	0.23%	+11,231	Timeline
ITWILLINOIS TOOL WKS INC	5,107	$1.27M	0.23%	+1,147	Timeline
OPTINOSE INCOPTINOSE INC	138,000	$1.27M	0.23%	new
SIMOSILICON MOTION TECHNOLOGY CO	25,000	$1.26M	0.23%	new	Timeline
MELIMERCADOLIBRE INC	647	$1.26M	0.23%	+227	Timeline
LVSLAS VEGAS SANDS CORP	32,603	$1.26M	0.23%	+22,864	Timeline
TRIUMPH GROUP INC NEWTRIUMPH GROUP INC NEW	48,001	$1.22M	0.22%	new
LOWLOWES COS INC	5,149	$1.2M	0.22%	-228	Timeline
LNSRLENSAR INC	85,000	$1.2M	0.22%	new	Timeline
PARAMOUNT GLOBALPARAMOUNT GLOBAL	100,000	$1.2M	0.22%	0
WBDWARNER BROS DISCOVERY INC	110,000	$1.18M	0.21%	0	Timeline
TSMTAIWAN SEMICONDUCTOR MANUFAC	6,865	$1.14M	0.21%	new	Timeline
PPGPPG INDS INC	10,349	$1.13M	0.21%	new	Timeline
KBESPDR SERIES TRUST	21,266	$1.13M	0.2%	new	Timeline
TNKTEEKAY TANKERS LTD	27,347	$1.05M	0.19%	-2,236	Timeline
CCRNCROSS CTRY HEALTHCARE INC	70,106	$1.04M	0.19%	-1,894	Timeline
USBUS BANCORP	24,654	$1.04M	0.19%	new	Timeline
STXSEAGATE TECHNOLOGY HLDNGS PL	12,086	$1.03M	0.19%	+1,207	Timeline
HDHOME DEPOT INC	2,738	$1M	0.18%	new	Timeline
MSMORGAN STANLEY	8,547	$997K	0.18%	+2,917	Timeline
GAN LTDGAN LTD	554,609	$982K	0.18%	0
VACASA INCVACASA INC	182,314	$981K	0.18%	new
CMICUMMINS INC	3,072	$963K	0.17%	new	Timeline
ABNBAIRBNB INC	7,959	$951K	0.17%	-4,389	Timeline
SGMLSIGMA LITHIUM CORPORATION	90,000	$936K	0.17%	0	Timeline
MSFTMICROSOFT CORP	2,435	$914K	0.17%	new	Timeline
EPDENTERPRISE PRODS PARTNERS L	26,705	$912K	0.17%	-23,900	Timeline
STTSTATE STR CORP	10,162	$910K	0.16%	new	Timeline
INBXINHIBRX BIOSCIENCES INC	64,217	$898K	0.16%	0	Timeline
BRSLBRIGHTSTAR LOTTERY PLC	55,000	$894K	0.16%	-200	Timeline
MGMMGM RESORTS INTERNATIONAL	29,437	$873K	0.16%	new	Timeline
AIGAMERICAN INTL GROUP INC	9,902	$861K	0.16%	-2,063	Timeline
ALMSALUMIS INC	138,800	$852K	0.15%	new	Timeline
SOHO HOUSE & CO INCSOHO HOUSE & CO INC	137,048	$847K	0.15%	new
Sequans Communications SASequans Communications SA	402,004	$844K	0.15%	0
RFREGIONS FINANCIAL CORP NEW	38,766	$842K	0.15%	+6,975	Timeline
SNASNAP ON INC	2,327	$784K	0.14%	new	Timeline
ADIANALOG DEVICES INC	3,888	$784K	0.14%	new	Timeline
XYZBLOCK INC	13,619	$740K	0.13%	+9,758	Timeline
BLUEBIRD BIO INC COM NEWBLUEBIRD BIO INC COM NEW	150,000	$732K	0.13%	new
IJRISHARES TR	6,944	$726K	0.13%	new	Timeline
METAMETA PLATFORMS INC	1,182	$681K	0.12%	new	Timeline
RNWRENEW ENERGY GLOBAL PLC	114,503	$674K	0.12%	+74,503	Timeline
AQNALGONQUIN POWER & UTILITIES	130,000	$669K	0.12%	0	Timeline
ADSKAUTODESK INC	2,519	$659K	0.12%	new	Timeline
PATHUIPATH INC	62,916	$648K	0.12%	-52,614	Timeline
TJXTJX COS INC NEW	5,313	$647K	0.12%	+2,231	Timeline
AIR TRANSPORT SERVICES GRP IAIR TRANSPORT SERVICES GRP I	28,564	$641K	0.12%	new
XMESPDR SERIES TRUST	11,171	$625K	0.11%	new	Timeline
APTVAPTIV PLC	10,468	$623K	0.11%	new	Timeline
XLBSELECT SECTOR SPDR TR	7,055	$607K	0.11%	new	Timeline
SWKSSKYWORKS SOLUTIONS INC	9,107	$589K	0.11%	new	Timeline
XOPSPDR SERIES TRUST	4,443	$585K	0.11%	new	Timeline
GMGENERAL MTRS CO	12,264	$577K	0.1%	new	Timeline
RBLXROBLOX CORP	9,392	$547K	0.1%	new	Timeline
GAPGAP INC	25,545	$526K	0.1%	new	Timeline
ITRGINTEGRA RES CORP	404,842	$505K	0.09%	0	Timeline
KRESPDR SERIES TRUST	8,672	$493K	0.09%	new	Timeline
TTWOTAKE-TWO INTERACTIVE SOFTWAR	2,343	$486K	0.09%	+2,223	Timeline
EBAYEBAY INC.	6,881	$466K	0.08%	-4,370	Timeline
PAYXPAYCHEX INC	2,911	$449K	0.08%	new	Timeline
BEACON ROOFING SUPPLY INCBEACON ROOFING SUPPLY INC	3,600	$445K	0.08%	new
GUESS? INCGUESS? INC	39,999	$443K	0.08%	new
SCHWCHARLES SCHWAB CORP (THE)	5,478	$429K	0.08%	new	Timeline
STLDSTEEL DYNAMICS INC	3,367	$421K	0.08%	new	Timeline
KMXCARMAX INC	5,270	$411K	0.07%	+1,325	Timeline
KWEBKRANESHARES TRUST	11,455	$400K	0.07%	-5,970	Timeline
CMACOMERICA INC	6,567	$388K	0.07%	new	Timeline
EWYISHARES INC	7,085	$383K	0.07%	new	Timeline
LIONSGATE STUDIOS CORPLIONSGATE STUDIOS CORP	50,000	$374K	0.07%	-100,000
EXASEXACT SCIENCES CORP	7,766	$336K	0.06%	new	Timeline
ROKUROKU INC	4,728	$333K	0.06%	+684	Timeline
ACIALBERTSONS COMPANIES INC	15,000	$330K	0.06%	-54,000	Timeline
TTECTTEC HLDGS INC	99,814	$328K	0.06%	0	Timeline
LACLITHIUM AMERS CORP NEW	120,000	$325K	0.06%	0	Timeline
LWAYLIFEWAY FOODS INC	13,272	$324K	0.06%	0	Timeline
ZSZSCALER INC	1,612	$320K	0.06%	new	Timeline
IPINTERNATIONAL PAPER CO	5,729	$306K	0.06%	new	Timeline
DMDESKTOP METAL INC CLASS A COM	61,751	$303K	0.05%	-145,340	Timeline
BHCBAUSCH HEALTH COS INC	46,797	$303K	0.05%	0	Timeline
UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW	6,000	$254K	0.05%	-6,500
ESIELEMENT SOLUTIONS INC	10,709	$242K	0.04%	0	Timeline
AKOYA BIOSCIENCES INC COMAKOYA BIOSCIENCES INC COM	170,000	$236K	0.04%	new
BIRKBIRKENSTOCK HOLDING PLC	5,142	$236K	0.04%	new	Timeline
MASMASCO CORP	3,315	$231K	0.04%	new	Timeline
QTRXQUANTERIX CORP	35,000	$228K	0.04%	new	Timeline
DISDISNEY WALT CO	2,307	$228K	0.04%	+1,193	Timeline
WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INC	20,000	$223K	0.04%	new
RIVNRIVIAN AUTOMOTIVE INC	17,713	$221K	0.04%	new	Timeline
LARLITHIUM ARGENTINA AG	90,000	$193K	0.03%	new	Timeline
MMACYS INC	15,000	$188K	0.03%	0	Timeline
EWWISHARES INC	3,641	$186K	0.03%	new	Timeline
IFFINTERNATIONAL FLAVORS&FRAGRA	2,220	$172K	0.03%	new	Timeline
PFGPRINCIPAL FINANCIAL GROUP IN	2,004	$169K	0.03%	new	Timeline
PDDPDD HOLDINGS INC	1,327	$157K	0.03%	new	Timeline
NEMNEWMONT CORP	2,600	$126K	0.02%	0	Timeline
BKNGBOOKING HOLDINGS INC	26	$120K	0.02%	-24	Timeline
AXONAXON ENTERPRISE INC	210	$110K	0.02%	+177	Timeline
RIOTRIOT PLATFORMS INC	13,178	$93.8K	0.02%	new	Timeline
SSENTINELONE INC	3,000	$54.5K	0.01%	0	Timeline
QIAGEN N.V.QIAGEN N.V.	954	$38.3K	0.01%	new
CHEER HLDG INCCHEER HLDG INC	26,966	$35.9K	0.01%	0
MARMARRIOTT INTL INC NEW	140	$33.3K	0.01%	new	Timeline
CFLTCONFLUENT INC-CLASS A	1,000	$23.4K	<0.01%	0	Timeline
DDOGDATADOG INC	196	$19.4K	<0.01%	-27	Timeline
TKNOALPHA TEKNOVA INC	2,000	$10.4K	<0.01%	0	Timeline
THCHTH INTERNATIONAL LIMITED	856	$2.52K	<0.01%	new	Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

The largest 100 of 124. All 124

Security	Type	Amount	Value	Change
XLESELECT SECTOR SPDR TR SHS	put	296,900	$27.7M	+111,900
FXIISHARES TR CHINA LG-CAP ETF	put	593,200	$21.3M	+12,000
AAPLAPPLE INC COM	put	58,300	$13M	+23,300
VVISA INC COM	put	33,200	$11.6M	0
XBISPDR SERIES TRUST S&P BIOTECH	put	139,600	$11.3M	+89,600
LOGILOGITECH INTL S A Stock	put	116,900	$9.81M	new
SOXXISHARES TR COM	put	52,000	$9.78M	new
UBSUBS GROUP AG Stock	put	304,000	$9.27M	+268,400
SMHVANECK ETF TRUST COM	put	42,800	$9.05M	new
IWMISHARES TR SHS	put	45,000	$8.98M	new
XLYSELECT SECTOR SPDR TR SBI CONS DISCR	put	42,000	$8.29M	new
CATCATERPILLAR INC COM	put	21,800	$7.19M	+20,800
GOOGALPHABET INC COM	put	46,000	$7.19M	+34,500
DEDEERE & CO COM	put	15,200	$7.13M	+2,000
EXPEEXPEDIA GROUP INC Stock	put	35,000	$5.88M	+10,000
CFCF INDUSTRIES HOLD Stock	put	73,300	$5.73M	+17,800
DBDEUTSCHE BK AG Stock	put	242,300	$5.72M	-5,400
MSFTMICROSOFT CORP COM	put	15,000	$5.63M	+10,000
EWZISHARES INC MSCI BRAZIL ETF	put	217,100	$5.61M	-627,800
CTSHCOGNIZANT TECHNOLOGY SOLUTIO Stock	put	73,300	$5.61M	+48,300
WFCWELLS FARGO & CO COM	put	73,500	$5.28M	+42,500
INDAISHARES TR MSCI INDIA ETF	put	98,000	$5.05M	new
INTUINTUIT COM	put	8,000	$4.91M	-1,000
MOSMOSAIC CO Stock	put	175,000	$4.73M	+146,700
AMDADVANCED MICRO DEVICES INC COM	put	45,000	$4.62M	new
MDTMEDTRONIC PLC COM	put	50,000	$4.49M	+20,000
MELIMERCADOLIBRE INC STOK	put	2,200	$4.29M	+1,600
TTWOTAKE-TWO INTERACTIVE SOFTWAR Stock	put	20,600	$4.27M	-35,000
RACEFERRARI N V COM	put	10,000	$4.24M	new
AIGAMERICAN INTL GROUP INC Stock	put	46,100	$4.01M	-7,400
ALCALCON AG Stock	put	41,900	$3.96M	+25,000
UBERUBER TECHNOLOGIES INC COM	put	54,000	$3.93M	+33,500
MSMORGAN STANLEY COM	put	33,000	$3.85M	0
FFORD MTR CO Stock	put	375,700	$3.77M	+4,000
BXBLACKSTONE INC COM	put	25,000	$3.49M	+20,700
XLBSELECT SECTOR SPDR TR SBI MATERIALS	put	40,000	$3.44M	new
XMESPDR SERIES TRUST SHS	put	60,000	$3.36M	new
SYKSTRYKER CORPORATION COM	put	9,000	$3.35M	new
KBESPDR SERIES TRUST ST STR SP BANK	put	62,500	$3.31M	new
CSCOCISCO SYS INC COM	put	50,000	$3.09M	new
SWKSTANLEY BLACK & DECKER INC Stock	put	40,000	$3.08M	new
ADPAUTOMATIC DATA PROCESSING IN COM	put	10,000	$3.06M	new
EWTISHARES INC MSCI TAIWAN ETF	put	64,300	$3.05M	new
KWEBKRANESHARES TRUST CSI CHI INTERNET	put	80,000	$2.79M	+17,500
LOWLOWES COS INC COM	put	11,400	$2.66M	-3,600
XOPSPDR SERIES TRUST S&P OILGAS EXP	put	20,000	$2.63M	new
HALHALLIBURTON CO Stock	put	100,000	$2.54M	new
TSMTAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS	put	15,000	$2.49M	new
AXONAXON ENTERPRISE INC STOK	put	4,600	$2.42M	0
CSXCSX CORP COM	put	80,000	$2.35M	new
FITBFIFTH THIRD BANCORP Stock	put	60,000	$2.35M	new
QQQINVESCO QQQ TR COM	put	5,000	$2.34M	new
JPMJPMORGAN CHASE & CO COM	put	9,500	$2.33M	+3,500
PAYXPAYCHEX INC COM	put	14,900	$2.3M	new
HDHOME DEPOT INC COM	put	6,000	$2.2M	-9,800
PPGPPG INDS INC Stock	put	20,000	$2.19M	new
TJXTJX COS INC NEW COM	put	17,500	$2.13M	-71,400
USBUS BANCORP COM NEW	put	50,000	$2.11M	new
GNRCGENERAC HLDGS INC COM	put	16,400	$2.08M	new
EBAYEBAY INC. Stock	put	30,000	$2.03M	0
ADIANALOG DEVICES INC COM	put	10,000	$2.02M	new
STTSTATE STR CORP Stock	put	22,200	$1.99M	new
AXPAMERICAN EXPRESS CO COM	put	7,000	$1.88M	-2,000
ITWILLINOIS TOOL WKS INC COM	put	7,500	$1.86M	0
TROWPRICE T ROWE GROUP INC Stock	put	20,100	$1.85M	+15,500
ADSKAUTODESK INC Stock	put	6,700	$1.75M	+6,500
RBLXROBLOX CORP Stock	put	30,000	$1.75M	-10,000
METAMETA PLATFORMS INC COM	put	3,000	$1.73M	new
GMGENERAL MTRS CO Stock	put	36,400	$1.71M	-84,500
COFCAPITAL ONE FINL CORP COM	put	9,500	$1.7M	-14,100
SNASNAP ON INC Stock	put	5,000	$1.69M	new
CMICUMMINS INC Stock	put	5,300	$1.66M	new
PINSPINTEREST INC Stock	put	52,100	$1.62M	+18,800
IJRISHARES TR SHS	put	15,000	$1.57M	new
SCHWCHARLES SCHWAB CORP (THE) COM	put	20,000	$1.57M	new
JDJD.COM INC ADR	put	37,500	$1.54M	new
STXSEAGATE TECHNOLOGY HLDNGS PL ORD SHS	put	17,700	$1.5M	0
ABNBAIRBNB INC COM	put	12,500	$1.49M	-22,400
MGMMGM RESORTS INTERNATIONAL COM	put	50,000	$1.48M	new
GAPGAP INC Stock	put	70,000	$1.44M	new
LVSLAS VEGAS SANDS CORP Stock	put	35,000	$1.35M	0
SWKSSKYWORKS SOLUTIONS INC Stock	put	20,000	$1.29M	new
EWZISHARES INC MSCI BRAZIL ETF	call	50,000	$1.29M	new
MCDMCDONALDS CORP COM	put	4,000	$1.25M	-1,500
APTVAPTIV PLC COM SHS	put	20,000	$1.19M	new
PDDPDD HOLDINGS INC ADR	put	10,000	$1.18M	new
KRESPDR SERIES TRUST ST STR SP REGBNK	put	20,000	$1.14M	new
CCITIGROUP INC COM	put	16,000	$1.14M	0
XYZBLOCK INC Stock	put	20,500	$1.11M	-15,000
STLDSTEEL DYNAMICS INC Stock	put	8,700	$1.09M	new
RFREGIONS FINANCIAL CORP NEW Stock	put	50,000	$1.09M	0
BACBANK OF AMER CORP COM	put	25,000	$1.04M	0
PATHUIPATH INC CL A	put	100,000	$1.03M	-80,000
ZSZSCALER INC STOK	put	5,000	$992K	new
EPDENTERPRISE PRODS PARTNERS L COM	put	26,500	$905K	-23,900
EWYISHARES INC MSCI STH KOR ETF	put	15,200	$821K	new
CMACOMERICA INC COM	put	13,400	$791K	new
KMXCARMAX INC Stock	put	10,000	$779K	0
AZOAUTOZONE INC Stock	put	200	$763K	-300
ROKUROKU INC Stock	put	10,000	$704K	new

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

Security	Type	Amount	Value	Change
AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0	principal	13,438,000	$13.3M	+5,000,000
AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS A	principal	8,000,000	$7.62M	-10,000,000
ETSY INCETSY INC NOTE 0.250% 6/1	principal	4,000,000	$3.39M	new
AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0	principal	3,000,000	$2.9M	0
Dropbox IncDropbox Inc Convertible bond	principal	1,000,000	$983K	0
TripAdvisor IncTripAdvisor Inc CONV	principal	600,000	$572K	0

Sold out in Q1 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

The largest 100 of 119. All 119

Security	Shares before	Value before	Type
GOOGALPHABET INC	84,937	$16.2M	shares
HLTHILTON WORLDWIDE HLDGS INC	39,700	$9.81M	put
BLACKROCK INCBLACKROCK INC	9,500	$9.74M	put
EDRENDEAVOR GROUP HLDGS INC	269,285	$8.43M	shares
TPRTAPESTRY INC	106,600	$6.96M	put
QCOMQUALCOMM INC	40,000	$6.14M	put
SMARTSHEET INC. (CLASS A)SMARTSHEET INC. (CLASS A)	102,250	$5.73M	shares
ROPROPER TECHNOLOGIES INC	10,000	$5.2M	put
SPGSIMON PPTY GROUP INC NEW	29,000	$4.99M	put
HASHICORP INCHASHICORP INC	144,378	$4.94M	shares
HEARTLAND FINL USA INCHEARTLAND FINL USA INC	80,000	$4.9M	shares
UALUNITED AIRLS HLDGS INC	50,000	$4.86M	put
CENTACENTRAL GARDEN & PET CO	145,770	$4.82M	shares
WDCWESTERN DIGITAL CORP	80,000	$4.77M	put
DALDELTA AIR LINES INC	75,000	$4.54M	put
PGPROCTER & GAMBLE CO	25,000	$4.19M	put
LINLINDE PLC	10,000	$4.19M	put
ZZILLOW GROUP INC	55,700	$4.12M	put
ZUORA INCZUORA INC	405,000	$4.02M	shares
ARCADIUM LITHIUM PLCARCADIUM LITHIUM PLC	757,630	$3.89M	shares
FORD MOTOR COMPANYFORD MOTOR COMPANY	4,000,000	$3.88M	principal
WYNNWYNN RESORTS LTD	43,900	$3.78M	put
COSTCOSTCO WHOLESALE CORPORATION	4,000	$3.67M	put
RLRALPH LAUREN CORP	15,000	$3.46M	put
JUNIPER NETWORKS INCJUNIPER NETWORKS INC	90,000	$3.37M	put
NUENUCOR CORP	28,811	$3.36M	shares
NUENUCOR CORP	28,800	$3.36M	put
HPQHP INC	100,000	$3.26M	put
DKSDICKS SPORTING GOODS INC	13,800	$3.16M	put
CMGCHIPOTLE MEXICAN GRILL INC	50,000	$3.02M	put
MATTERPORT INCMATTERPORT INC	583,751	$2.77M	shares
BBYBEST BUY INC	30,000	$2.57M	put
AMPAMERIPRISE FINL INC	4,600	$2.45M	put
KKELLANOVA	30,000	$2.43M	put
WYNNWYNN RESORTS LTD	27,157	$2.34M	shares
CONSOLIDATED COMMUNICATIONSCONSOLIDATED COMMUNICATIONS	442,881	$2.09M	shares
FLRFLUOR CORP	42,000	$2.07M	put
GATOS SILVER INCGATOS SILVER INC	145,000	$2.03M	shares
LYBLYONDELLBASELL INDUSTRIES NV	25,600	$1.9M	shares
LYBLYONDELLBASELL INDUSTRIES NV	25,600	$1.9M	put
UPSUNITED PARCEL SVCS INC	15,006	$1.89M	shares
UPSUNITED PARCEL SVCS INC	15,000	$1.89M	put
ZMZOOM COMMUNICATIONS INC	20,000	$1.63M	put
AVID BIOSERVICES INCAVID BIOSERVICES INC	128,830	$1.59M	shares
BBWIBATH & BODY WORKS INC	40,000	$1.55M	put
ARCADIUM LITHIUM PLCARCADIUM LITHIUM PLC	300,000	$1.54M	call
MANITEX INTL INCMANITEX INTL INC	231,050	$1.34M	shares
ADAMS RESOURCES & ENERG…ADAMS RESOURCES & ENERGY INC	35,234	$1.33M	shares
SECUREWORKS CORPSECUREWORKS CORP	154,242	$1.3M	shares
CPRICAPRI HOLDINGS LIMITED	60,500	$1.27M	shares
AMPAMERIPRISE FINL INC	2,324	$1.24M	shares
INNOVID CORPINNOVID CORP	400,000	$1.24M	shares
AFBIAFFINITY BANCSHARES INC	68,162	$1.19M	shares
DHRDANAHER CORP DEL	5,000	$1.15M	put
NTAPNETAPP INC	9,800	$1.14M	put
DHRDANAHER CORP DEL	4,840	$1.11M	shares
ALTAIR ENGINEERING INCALTAIR ENGINEERING INC	10,000	$1.09M	shares
ROSTROSS STORES INC	7,200	$1.09M	put
NETCLOUDFLARE INC	10,000	$1.08M	put
CVNACARVANA CO	5,000	$1.02M	put
BBWIBATH & BODY WORKS INC	24,529	$951K	shares
CPRICAPRI HOLDINGS LIMITED	41,000	$863K	put
CONTEXTLOGIC INCCONTEXTLOGIC INC	119,233	$838K	shares
SRGSERITAGE GROWTH PPTYS	194,100	$800K	call
POSEIDA THERAPEUTICS INCPOSEIDA THERAPEUTICS INC	80,000	$768K	shares
REVANCE THERAPEUTICS INCREVANCE THERAPEUTICS INC	240,000	$730K	call
ICC HOLDINGS INCICC HOLDINGS INC	31,000	$721K	shares
INTERPUBLIC GROUP COSINTERPUBLIC GROUP COS	24,700	$692K	put
ANAUTONATION INC	4,000	$679K	put
DBDEUTSCHE BK AG	37,346	$621K	shares
CROSSFIRST BANKSHARES INCCROSSFIRST BANKSHARES INC	39,824	$603K	shares
UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW	17,500	$595K	put
INTERPUBLIC GROUP COSINTERPUBLIC GROUP COS	21,165	$593K	shares
TAT&T INC	25,000	$569K	put
WUWESTERN UN CO	48,012	$509K	shares
WUWESTERN UN CO	48,000	$509K	put
FISFIDELITY NATL INFORMATION SV	6,000	$485K	put
MAGNMAGNERA CORP	25,702	$467K	shares
SSYSSTRATASYS LTD	49,868	$443K	shares
TSNTYSON FOODS INC	5,500	$316K	shares
CLFCLEVELAND-CLIFFS INC NEW	33,513	$315K	shares
CLFCLEVELAND-CLIFFS INC NEW	33,500	$315K	put
ANAUTONATION INC	1,662	$282K	shares
REVANCE THERAPEUTICS INCREVANCE THERAPEUTICS INC	90,085	$274K	shares
LINLINDE PLC	614	$257K	shares
LITHIUM AMERICAS ARGENTINA CLITHIUM AMERICAS ARGENTINA C	90,000	$236K	shares
CLXCLOROX CO DEL	1,300	$211K	put
ANSYS INCANSYS INC	570	$192K	shares
DDDUPONT DE NEMOURS INC	2,300	$175K	put
THTARGET HOSPITALITY CORP	17,160	$166K	shares
PAASPAN AMERN SILVER CORP	422,200	$156K	shares
ZMZOOM COMMUNICATIONS INC	1,427	$116K	shares
UNMUNUM GROUP	1,500	$110K	put
HPQHP INC	2,914	$95.1K	shares
KGCKINROSS GOLD CORP	10,000	$92.7K	put
LIVNLIVANOVA PLC	2,000	$92.6K	put
LIVNLIVANOVA PLC	1,971	$91.3K	shares
CROXCROCS INC	800	$87.6K	put
REVELYST INCREVELYST INC	4,377	$84.2K	shares
CLXCLOROX CO DEL	510	$82.8K	shares

How Q1 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001274419-25-000017	base		2025-05-15	acceptance time not in the bulk data set	2026-10-07 18:25:06 UTC