Hudson Bay Capital Management LP

13F filer, CIK 1393825, STAMFORD, CT

Hudson Bay Capital Management LP reported $29,440,638,114 across 1,339 holdings for the quarter ended 2025-06-30, in a 13F-HR/A filed 2025-08-18. Its ten largest share positions make up 30.45% of the portfolio.

Filed 2025-08-18 (acceptance time not in the bulk data set), ingested 2026-10-07 18:23:11 UTC13F-HR/A 0001393825-25-000066

Period: 2025-06-30
Reported value: $29.4B
Holdings: 1,339
Top 10 weight: 30.45%
New: 491
Sold out: 423

Part of the filer group Hudson Bay Capital Management LP

How groups are built

Largest buys vs the previous quarter

Security	Shares change	Approx. value
AMZNadded	+871,648	$191M
MSTRadded	+470,366	$190M
AMDadded	+1,166,412	$166M
QQQadded	+262,521	$145M
TGTadded	+1,235,260	$122M

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
NVDAreduced	-3,144,144	-$497M
COINreduced	-1,057,145	-$371M
AAPLreduced	-1,651,065	-$339M
IWMreduced	-1,199,182	-$259M
MSFTreduced	-509,845	-$254M

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, Q2 2025

Share positions as resolved from 13F-HR/A 0001393825-25-000066, largest first. % of portfolio is the value over $15,213,811,953, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
FACCARTESIAN GROWTH CORP III	243,958	$2.44M	0.02%	new	Timeline
AMGNAMGEN INC	8,561	$2.39M	0.02%	-24,965	Timeline
HOGHARLEY DAVIDSON INC	100,149	$2.36M	0.02%	new	Timeline
PPGPPG INDS INC	20,733	$2.36M	0.02%	new	Timeline
CWENCLEARWAY ENERGY INC	73,515	$2.35M	0.02%	new	Timeline
NTRNUTRIEN LTD	40,068	$2.33M	0.02%	-89,932	Timeline
QCOMQUALCOMM INC	14,568	$2.32M	0.02%	-69,325	Timeline
RALRALLIANT CORP	47,488	$2.3M	0.02%	new	Timeline
TMOTHERMO FISHER SCIENTIFIC INC	5,532	$2.24M	0.01%	+4,770	Timeline
MOSMOSAIC CO	60,756	$2.22M	0.01%	+35,106	Timeline
89BIO INC89BIO INC	225,700	$2.22M	0.01%	-24,500
TTTRANE TECHNOLOGIES PLC	5,000	$2.19M	0.01%	-28,071	Timeline
TLNTALEN ENERGY CORP	7,500	$2.18M	0.01%	-16,940	Timeline
FTREFORTREA HLDGS INC	440,000	$2.17M	0.01%	+139,188	Timeline
ANSCAGRICULTURE & NAT SOL ACQ CO	200,000	$2.17M	0.01%	new	Timeline
LYFTLYFT INC	137,315	$2.16M	0.01%	-29,710	Timeline
DNTHDIANTHUS THERAPEUTICS INC	115,425	$2.15M	0.01%	+40,425	Timeline
TTANSERVICETITAN INC	20,000	$2.14M	0.01%	new	Timeline
RDWREDWIRE CORPORATION	131,252	$2.14M	0.01%	new	Timeline
CORZCORE SCIENTIFIC INC NEW	125,000	$2.13M	0.01%	new	Timeline
RNAMAVIDITY BIOSCIENCES INC	75,000	$2.13M	0.01%	new	Timeline
MCHPMICROCHIP TECHNOLOGY INC.	29,933	$2.11M	0.01%	+13,511	Timeline
DDDUPONT DE NEMOURS INC	30,473	$2.09M	0.01%	+274	Timeline
MRNAMODERNA INC	75,000	$2.07M	0.01%	+39,020	Timeline
QUREUNIQURE NV	148,182	$2.07M	0.01%	-3,518	Timeline
AFLAFLAC INC	19,360	$2.04M	0.01%	+16,840	Timeline
ASPCA SPAC III ACQUISITION CORP	200,000	$2.04M	0.01%	0	Timeline
CBCHUBB LIMITED	7,019	$2.03M	0.01%	+4,853	Timeline
ZSZSCALER INC	6,442	$2.02M	0.01%	new	Timeline
ARCTARCTURUS THERAPEUTICS HLDGS	155,000	$2.02M	0.01%	+100	Timeline
TEVATEVA PHARMACEUTICAL INDS LTD	120,000	$2.01M	0.01%	-85,000	Timeline
CCAQCOLLECTIVE ACQUISITION CORP	200,000	$2.01M	0.01%	new	Timeline
CHWYCHEWY INC	47,157	$2.01M	0.01%	-179,398	Timeline
BEKEKE HLDGS INC	113,054	$2.01M	0.01%	new	Timeline
KNSAKINIKSA PHARMACEUTICALS INTL	70,780	$1.96M	0.01%	-129,220	Timeline
AAONAAON INC	26,441	$1.95M	0.01%	new	Timeline
TTDTHE TRADE DESK INC	26,930	$1.94M	0.01%	+7,932	Timeline
GEVGE VERNOVA INC	3,651	$1.93M	0.01%	-6,349	Timeline
JNJJOHNSON & JOHNSON	12,580	$1.92M	0.01%	-319,035	Timeline
POLEANDRETTI ACQUISITION CORP II	185,000	$1.92M	0.01%	0	Timeline
CPACOPA HOLDINGS SA	17,000	$1.87M	0.01%	new	Timeline
RGTIWRIGETTI COMPUTING INC	443,397	$1.87M	0.01%	-5,098	Timeline
LPXLOUISIANA PAC CORP	21,650	$1.86M	0.01%	new	Timeline
TWLOTWILIO INC	14,903	$1.85M	0.01%	new	Timeline
STLASTELLANTIS N.V	182,662	$1.83M	0.01%	new	Timeline
MDUMDU RES GROUP INC	108,613	$1.81M	0.01%	-1,208	Timeline
RGNXREGENXBIO INC	220,000	$1.81M	0.01%	-75,000	Timeline
IBPINSTALLED BLDG PRODS INC	10,000	$1.8M	0.01%	-7,005	Timeline
MATXMATSON INC	16,028	$1.78M	0.01%	+10,488	Timeline
PGACPANTAGES CAPITAL ACQUISITION	175,000	$1.78M	0.01%	0	Timeline
CLWCLEARWATER PAPER CORP	65,118	$1.77M	0.01%	-64,882	Timeline
AIIAMERICAN INTEGRITY INS GROUP	96,312	$1.77M	0.01%	new	Timeline
SKYCHAMPION HOMES INC	28,117	$1.76M	0.01%	+15,839	Timeline
QSEAQUARTZSEA ACQUISITION CORP	175,000	$1.76M	0.01%	new	Timeline
RHPRYMAN HOSPITALITY PPTYS INC	17,816	$1.76M	0.01%	new	Timeline
UTZUTZ BRANDS INC	139,913	$1.76M	0.01%	new	Timeline
UPSUNITED PARCEL SVCS INC	17,063	$1.72M	0.01%	+9,208	Timeline
DOCNDIGITALOCEAN HLDGS INC	60,000	$1.71M	0.01%	new	Timeline
YMMFULL TRUCK ALLIANCE CO LTD	143,222	$1.69M	0.01%	+118,222	Timeline
LSTRLANDSTAR SYS INC	12,154	$1.69M	0.01%	+331	Timeline
CTRICENTURI HOLDINGS INC	75,000	$1.68M	0.01%	new	Timeline
VRDNVIRIDIAN THERAPEUTICS INC	119,562	$1.67M	0.01%	new	Timeline
SLDESLIDE INS HLDGS INC	77,000	$1.67M	0.01%	new	Timeline
JJACOBS SOLUTIONS INC	12,674	$1.67M	0.01%	new	Timeline
HYACHAYMAKER ACQUISITION CORP IV	150,000	$1.67M	0.01%	0	Timeline
CCIXCHURCHILL CAPITAL CORP IX	156,159	$1.64M	0.01%	-443,078	Timeline
GEGE AEROSPACE	6,288	$1.62M	0.01%	+1,826	Timeline
KBHKB HOME	30,301	$1.61M	0.01%	-45,334	Timeline
NUNU HLDGS LTD	116,873	$1.6M	0.01%	new	Timeline
ELVELEVANCE HEALTH INC FORMERLY	4,115	$1.6M	0.01%	new	Timeline
STNESTONECO LTD	95,600	$1.53M	0.01%	new	Timeline
FTAIFTAI AVIATION LTD	13,305	$1.53M	0.01%	new	Timeline
AXINUAXIOM INTELLIGENCE AC CORP 1	150,000	$1.51M	0.01%	new	Timeline
SKESKEENA RES LTD NEW	95,042	$1.51M	0.01%	-44,958	Timeline
RDAGREPUBLIC DIGITAL ACQUISITION	146,580	$1.51M	0.01%	new	Timeline
NRGNRG ENERGY INC	9,378	$1.51M	0.01%	-112,467	Timeline
AITAPPLIED INDL TECHNOLOGIES IN	6,470	$1.5M	0.01%	new	Timeline
HLMNHILLMAN SOLUTIONS CORP	210,294	$1.5M	0.01%	new	Timeline
CNPCENTERPOINT ENERGY INC	40,702	$1.5M	0.01%	-44,828	Timeline
PCGPG&E CORP	107,061	$1.49M	0.01%	-985,205	Timeline
AMKRAMKOR TECHNOLOGY INC	70,539	$1.48M	0.01%	new	Timeline
IMVTIMMUNOVANT INC	92,500	$1.48M	0.01%	-69,160	Timeline
BEAGBOLD EAGLE ACQUISITION CORP	140,311	$1.47M	0.01%	-160,803	Timeline
ABTABBOTT LABORATORIES	10,725	$1.46M	0.01%	+7,192	Timeline
PMPHILIP MORRIS INTL INC	7,996	$1.46M	0.01%	-994,606	Timeline
FOUR LEAF ACQUISITION CORPFOUR LEAF ACQUISITION CORP	125,000	$1.46M	0.01%	0
SOUTHSTATE BANK CORPSOUTHSTATE BANK CORP	15,720	$1.45M	0.01%	new
MLIMUELLER INDS INC	18,140	$1.44M	0.01%	new	Timeline
VZVERIZON COMMUNICATIONS INC	33,260	$1.44M	0.01%	+25,744	Timeline
PSNPARSONS CORP DEL	20,022	$1.44M	0.01%	new	Timeline
HNRGHALLADOR ENERGY COMPANY	90,103	$1.43M	0.01%	new	Timeline
CATCATERPILLAR INC	3,650	$1.42M	0.01%	+338	Timeline
GSR III ACQUISITION CORPGSR III ACQUISITION CORP	130,775	$1.41M	0.01%	-1,369,225
MRSHMARSH & MCLENNAN COS INC	6,363	$1.39M	0.01%	new	Timeline
IFFINTERNATIONAL FLAVORS&FRAGRA	18,887	$1.39M	0.01%	new	Timeline
ACNACCENTURE PLC IRELAND	4,638	$1.39M	0.01%	+3,407	Timeline
CWHCAMPING WORLD HLDGS INC	80,010	$1.38M	0.01%	+16,678	Timeline
IWMISHARES TR	6,351	$1.37M	0.01%	-1,199,182	Timeline
USA RARE EARTH INCUSA RARE EARTH INC	571,760	$1.36M	0.01%	new
AISPWAIRSHIP AI HLDGS INC	685,050	$1.34M	0.01%	+135,709	Timeline
CEGCONSTELLATION ENERGY CORP	4,109	$1.33M	0.01%	-35,741	Timeline
BCCBOISE CASCADE CO DEL	15,024	$1.3M	0.01%	-43,786	Timeline
MRTNMARTEN TRANS LTD	100,118	$1.3M	0.01%	+41,118	Timeline
BTSGBRIGHTSPRING HEALTH SVCS INC	55,000	$1.3M	0.01%	new	Timeline
PRMBPRIMO BRANDS CORPORATION	42,178	$1.25M	0.01%	new	Timeline
CHPGCHAMPIONSGATE ACQUISITION CO	125,000	$1.25M	0.01%	new	Timeline
PDPAGERDUTY INC	81,539	$1.25M	0.01%	+50,978	Timeline
OAK WOODS ACQUISITION CORP-AOAK WOODS ACQUISITION CORP-A	105,000	$1.24M	0.01%	0
SYKSTRYKER CORPORATION	3,138	$1.24M	0.01%	new	Timeline
WMBWILLIAMS COS INC	19,620	$1.23M	0.01%	new	Timeline
FLRFLUOR CORP	23,876	$1.22M	0.01%	new	Timeline
MREOMEREO BIOPHARMA GROUP PLC	450,000	$1.22M	0.01%	0	Timeline
TJXTJX COS INC NEW	9,865	$1.22M	0.01%	-82,275	Timeline
SBUXSTARBUCKS CORP	13,163	$1.21M	0.01%	-69,569	Timeline
LENLENNAR CORP	10,889	$1.2M	0.01%	-24,920	Timeline
MBLYMOBILEYE GLOBAL INC	66,385	$1.19M	0.01%	+18,347	Timeline
GENVRGEN DIGITAL INC	146,063	$1.19M	0.01%	new	Timeline
LINLINDE PLC	2,486	$1.17M	0.01%	-2,596	Timeline
MDTMEDTRONIC PLC	13,284	$1.16M	0.01%	-30,662	Timeline
HELIX ACQUISITION CORP IIHELIX ACQUISITION CORP II	108,300	$1.15M	0.01%	new
GTLSCHART INDS INC	6,960	$1.15M	0.01%	new	Timeline
PRAPROASSURANCE CORP	50,000	$1.14M	0.01%	new	Timeline
EUDA HEALTH HOLDINGS LTDEUDA HEALTH HOLDINGS LTD	796,100	$1.13M	0.01%	-3,900
AMATAPPLIED MATLS INC	6,167	$1.13M	0.01%	-112,500	Timeline
RVMDREVOLUTION MEDICINES INC	30,550	$1.12M	0.01%	new	Timeline
ATMCALPHATIME ACQUISITION CORP ORD	94,911	$1.12M	0.01%	0	Timeline
ODFLOLD DOMINION FREIGHT LINE IN	6,900	$1.12M	0.01%	new	Timeline
DXLGDESTINATION XL GROUP INC	1,000,004	$1.11M	0.01%	+4	Timeline
OMDAOMADA HEALTH INC	60,500	$1.11M	0.01%	new	Timeline
CURVTORRID HLDGS INC	375,000	$1.11M	0.01%	new	Timeline
CVCOCAVCO INDS INC DEL	2,482	$1.08M	0.01%	new	Timeline
COPCONOCOPHILLIPS	11,908	$1.07M	0.01%	+9,589	Timeline
CDECOEUR MNG INC	120,320	$1.07M	0.01%	new	Timeline
CAEPCANTOR EQUITY PARTNERS III I	100,000	$1.05M	0.01%	new	Timeline
CUBLIONHEART HOLDINGS	100,000	$1.05M	0.01%	0	Timeline
RPRXROYALTY PHARMA PLC	29,095	$1.05M	0.01%	new	Timeline
CNQCANADIAN NAT RES LTD MED TER	33,049	$1.04M	0.01%	+49	Timeline
MRVIMARAVAI LIFESCIENCES HLDGS I	428,317	$1.03M	0.01%	0	Timeline
QFINQFIN HOLDINGS INC	23,500	$1.02M	0.01%	+17,000	Timeline
WMWASTE MGMT INC DEL	4,424	$1.01M	0.01%	new	Timeline
BMYBRISTOL-MYERS SQUIBB CO	21,792	$1.01M	0.01%	+14,678	Timeline
WTGUUWINTERGREEN ACQUISITION CORP	100,000	$1.01M	0.01%	new	Timeline
WENNUWEN ACQUISITION CORP	92,887	$985K	0.01%	new	Timeline
NKENIKE INC	13,734	$976K	0.01%	-38,195	Timeline
PDDPDD HOLDINGS INC	9,200	$963K	0.01%	-395,940	Timeline
ABOSACUMEN PHARMACEUTICALS INC	825,004	$957K	0.01%	+55,004	Timeline
VIXYPROSHARES TR II	20,000	$938K	0.01%	+10,000	Timeline
IAGIAMGOLD CORP	125,189	$923K	0.01%	-189,811	Timeline
INRINFINITY NAT RES INC	50,073	$917K	0.01%	+73	Timeline
CMPCOMPASS MINERALS INTL INC	45,464	$913K	0.01%	new	Timeline
LOWLOWES COS INC	4,030	$894K	0.01%	-16,786	Timeline
AUROWAURORA INNOVATION INC	1,016,770	$885K	0.01%	+69,661	Timeline
SNCYSUN CTRY AIRLS HLDGS INC	75,090	$882K	0.01%	-128,610	Timeline
AUPHAURINIA PHARMACEUTICALS INC	104,000	$881K	0.01%	+4,000	Timeline
EXLSEXLSERVICE HLDGS INC	20,070	$879K	0.01%	new	Timeline
MTHMERITAGE HOMES CORP	13,077	$876K	0.01%	-40,291	Timeline
HALOHALOZYME THERAPEUTICS INC	16,751	$871K	0.01%	new	Timeline
CPKCHESAPEAKE UTILS CORP	7,098	$853K	0.01%	-109	Timeline
ABATAMERICAN BATTERY TECHNOLOGY	508,532	$824K	0.01%	-510,463	Timeline
AURAURORA INNOVATION INC	157,200	$824K	0.01%	new	Timeline
CELHCELSIUS HLDGS INC	17,732	$823K	0.01%	new	Timeline
LSCCLATTICE SEMICONDUCTOR CORP	16,543	$810K	0.01%	new	Timeline
HONHONEYWELL INTL INC	3,469	$808K	0.01%	-23,988	Timeline
CHYMCHIME FINL INC	22,903	$790K	0.01%	new	Timeline
BEAMBEAM THERAPEUTICS INC	45,000	$765K	0.01%	new	Timeline
MERUS N VMERUS N V	14,551	$765K	0.01%	new
RXRXRECURSION PHARMACEUTICALS IN	150,000	$759K	<0.01%	+22,930	Timeline
CWANCLEARWATER ANALYTICS HLDGS I	33,936	$744K	<0.01%	new	Timeline
KRKROGER CO	10,319	$740K	<0.01%	-134,922	Timeline
CCSCENTURY COMMUNITIES INC	13,008	$733K	<0.01%	-13,081	Timeline
COLUMBUS CIRCLE CAP CORP. ICOLUMBUS CIRCLE CAP CORP. I	425,000	$722K	<0.01%	new
NEENEXTERA ENERGY INC	10,406	$722K	<0.01%	new	Timeline
BAMBROOKFIELD ASSET MANAGMT LTD	13,040	$721K	<0.01%	-25,350	Timeline
TWTRADEWEB MKTS INC	4,880	$714K	<0.01%	new	Timeline
TERTERADYNE INC	7,934	$713K	<0.01%	-3,153	Timeline
HCAHCA HEALTHCARE INC	1,844	$706K	<0.01%	+394	Timeline
SNAPSNAP INC	80,000	$695K	<0.01%	+40,973	Timeline
JANXJANUX THERAPEUTICS INC	30,000	$693K	<0.01%	-80,000	Timeline
HLNEHAMILTON LANE INC	4,720	$671K	<0.01%	new	Timeline
LRMRLARIMAR THERAPEUTICS INC	228,761	$661K	<0.01%	new	Timeline
LENZLENZ THERAPEUTICS INC	22,313	$654K	<0.01%	new	Timeline
FCNCAFIRST CTZNS BANCSHARES INC D	329	$644K	<0.01%	new	Timeline
ACMRACM RESH INC	24,570	$636K	<0.01%	new	Timeline
RACEFERRARI N V	1,283	$629K	<0.01%	new	Timeline
IRMIRON MTN INC DEL	6,108	$626K	<0.01%	new	Timeline
DEDEERE & CO	1,216	$618K	<0.01%	+46	Timeline
CNCCENTENE CORP DEL	11,362	$617K	<0.01%	+7,612	Timeline
PLDPROLOGIS INC.	5,851	$615K	<0.01%	+3,831	Timeline
CHRSCOHERUS ONCOLOGY INC	835,000	$611K	<0.01%	0	Timeline
AIGAMERICAN INTL GROUP INC	7,134	$611K	<0.01%	-7,416	Timeline
MKLMARKEL GROUP INC	305	$609K	<0.01%	new	Timeline
CORTCORCEPT THERAPEUTICS INC	8,140	$597K	<0.01%	new	Timeline
VOYGVOYAGER TECHNOLOGIES INC	15,000	$589K	<0.01%	new	Timeline
MTCHMATCH GROUP INC NEW	18,680	$577K	<0.01%	new	Timeline
RJFRAYMOND JAMES FINL INC	3,609	$554K	<0.01%	new	Timeline
CEPTCANTOR EQUITY PARTNERS II IN	50,000	$552K	<0.01%	new	Timeline
ZMZOOM COMMUNICATIONS INC	7,060	$551K	<0.01%	new	Timeline
TRIUMPH GROUP INC NEWTRIUMPH GROUP INC NEW	21,378	$550K	<0.01%	-20,118
CITHE CIGNA GROUP	1,637	$541K	<0.01%	-403	Timeline
VRSKVERISK ANALYTICS INC	1,716	$535K	<0.01%	+886	Timeline
ARESARES MANAGEMENT CORPORATION	3,030	$525K	<0.01%	new	Timeline
ASTSAST SPACEMOBILE INC	11,128	$520K	<0.01%	new	Timeline
URIUNITED RENTALS INC	680	$512K	<0.01%	-6,250	Timeline
DRSLEONARDO DRS INC	11,020	$512K	<0.01%	new	Timeline
LGIHLGI HOMES INC	9,928	$511K	<0.01%	-22,332	Timeline
DHID R HORTON INC	3,933	$507K	<0.01%	-24,858	Timeline
NTNXNUTANIX INC	6,630	$507K	<0.01%	new	Timeline
EXEEXPAND ENERGY CORPORATION	4,320	$505K	<0.01%	new	Timeline
OCULOCULAR THERAPEUTIX INC	54,090	$502K	<0.01%	new	Timeline
FIGXUFIGX CAP ACQUISITION CORP.	50,000	$501K	<0.01%	new	Timeline
GSGOLDMAN SACHS GROUP INC	705	$499K	<0.01%	-909	Timeline
NNAVWNEXTNAV INC	76,031	$483K	<0.01%	0	Timeline
ASPEN INSURANCE HOLDINGS-AASPEN INSURANCE HOLDINGS-A	15,000	$472K	<0.01%	new
NSITINSIGHT ENTERPRISES INC	3,416	$472K	<0.01%	new	Timeline
EQTEQT CORP	8,086	$472K	<0.01%	new	Timeline
CARRCARRIER GLOBAL CORPORATION	6,439	$471K	<0.01%	-18,720	Timeline
DISDISNEY WALT CO	3,700	$459K	<0.01%	-1,304,484	Timeline
MSMMSC INDL DIRECT INC	5,340	$454K	<0.01%	new	Timeline
RPDRAPID7 INC	19,222	$445K	<0.01%	+9,042	Timeline
MGMMGM RESORTS INTERNATIONAL	12,911	$444K	<0.01%	-79,466	Timeline
BACQRINFLECTION PT ACQUISITION CORP	1,300,000	$444K	<0.01%	0	Timeline
PZZAPAPA JOHNS INTL INC	8,900	$436K	<0.01%	new	Timeline
ESTCELASTIC N V	5,040	$425K	<0.01%	new	Timeline
DLBDOLBY LABORATORIES INC	5,675	$421K	<0.01%	new	Timeline
FIVNFIVE9 INC	15,719	$416K	<0.01%	new	Timeline
BULLWWEBULL CORP	104,387	$412K	<0.01%	new	Timeline
WBDWARNER BROS DISCOVERY INC	35,927	$412K	<0.01%	new	Timeline
CDWCDW CORP	2,302	$411K	<0.01%	new	Timeline
MOALTRIA GROUP INC	6,783	$398K	<0.01%	new	Timeline
IBKRINTERACTIVE BROKERS GROUP IN	7,070	$392K	<0.01%	new	Timeline
STZCONSTELLATION BRANDS INC	2,313	$376K	<0.01%	new	Timeline
CHMICHERRY HILL MTG INVT CORP	137,036	$374K	<0.01%	new	Timeline
WSTWEST PHARMACEUTICAL SVSC INC	1,704	$373K	<0.01%	new	Timeline
CCITIGROUP INC	4,365	$372K	<0.01%	-1,375,743	Timeline
FERGFERGUSON ENTERPRISES INC	1,693	$369K	<0.01%	new	Timeline
TRUTRANSUNION	4,181	$368K	<0.01%	-217,498	Timeline
BAHBOOZ ALLEN HAMILTON HLDG COR	3,501	$365K	<0.01%	new	Timeline
ALLALLSTATE CORP	1,803	$363K	<0.01%	new	Timeline
MSMORGAN STANLEY	2,519	$355K	<0.01%	-701,634	Timeline
HASHASBRO INC	4,776	$353K	<0.01%	new	Timeline
PHMPULTE GROUP INC	3,284	$346K	<0.01%	-31,632	Timeline
PTCPTC INC	2,009	$346K	<0.01%	new	Timeline
POOLPOOL CORP	1,187	$346K	<0.01%	new	Timeline
ENTGENTEGRIS INC	4,210	$340K	<0.01%	new	Timeline
NAKNORTHERN DYNASTY MINERALS LT	250,000	$335K	<0.01%	new	Timeline
LULULULULEMON ATHLETICA INC	1,368	$325K	<0.01%	-9,247	Timeline
BROBROWN & BROWN INC	2,931	$325K	<0.01%	new	Timeline
SMCISUPER MICRO COMPUTER INC	6,248	$306K	<0.01%	new	Timeline
CMECME GROUP INC	1,070	$295K	<0.01%	+20	Timeline
CHTRCHARTER COMMUNICATIONS INC	690	$282K	<0.01%	-161	Timeline
HEI-AHEICO CORP NEW	1,080	$279K	<0.01%	new	Timeline
METMETLIFE INC	3,461	$278K	<0.01%	-498,369	Timeline
ARCHER AVIATION INCARCHER AVIATION INC	85,202	$275K	<0.01%	0
GSR III ACQUISITION CORPGSR III ACQUISITION CORP	40,254	$275K	<0.01%	-59,746
BBWIBATH & BODY WORKS INC	9,119	$273K	<0.01%	-10,271	Timeline
JACS-RJACKSON ACQUISITION CO II	950,000	$266K	<0.01%	0	Timeline
PNWPINNACLE WEST CAP CORP	2,925	$262K	<0.01%	-204,998	Timeline
INMDINMODE LTD	17,550	$253K	<0.01%	new	Timeline
BBYBEST BUY INC	3,640	$244K	<0.01%	new	Timeline
AALAMERICAN AIRLINES GROUP INC	21,703	$244K	<0.01%	new	Timeline
AVYAVERY DENNISON CORP	1,383	$243K	<0.01%	new	Timeline
DVADAVITA INC	1,680	$239K	<0.01%	new	Timeline
DLRDIGITAL RLTY TR INC	1,371	$239K	<0.01%	-131,876	Timeline
CVSCVS HEALTH CORP	3,387	$234K	<0.01%	new	Timeline
ELFE L F BEAUTY INC	1,850	$230K	<0.01%	new	Timeline
PCTPURECYCLE TECHNOLOGIES INC	16,800	$230K	<0.01%	new	Timeline
DMAARDRUGS MADE IN AMER ACQUTN CO	1,800,000	$225K	<0.01%	0	Timeline
IQVIQVIA HLDGS INC	1,422	$224K	<0.01%	-1,018	Timeline
SWSMURFIT WESTROCK PLC	5,188	$224K	<0.01%	new	Timeline
KYMRKYMERA THERAPEUTICS INC	5,000	$218K	<0.01%	new	Timeline
TREXTREX INC	4,000	$218K	<0.01%	new	Timeline
HPQHP INC	8,799	$215K	<0.01%	-4,161	Timeline
TACOWBERTO ACQUISITION CORP	263,289	$209K	<0.01%	new	Timeline
ADIANALOG DEVICES INC	873	$208K	<0.01%	-538,846	Timeline
MORNMORNINGSTAR INC	660	$207K	<0.01%	new	Timeline
EMREMERSON ELEC CO	1,542	$206K	<0.01%	-2,408	Timeline
ESEVERSOURCE ENERGY	3,160	$201K	<0.01%	-697	Timeline
GRAFTECH INTL LTDGRAFTECH INTL LTD	202,425	$197K	<0.01%	new
ALDFWALDEL FINL II INC	374,916	$195K	<0.01%	-84	Timeline
NAMSNEWAMSTERDAM PHARMA COMPANY	10,739	$194K	<0.01%	new	Timeline
IPCXRINFLECTION PT ACQUISITION CO	473,000	$188K	<0.01%	new	Timeline
RZLTREZOLUTE INC	42,050	$188K	<0.01%	new	Timeline
RUMBWRUM GROUP INC	50,038	$154K	<0.01%	0	Timeline
LFMDLIFEMD INC	11,206	$153K	<0.01%	new	Timeline
NHICWNEWHOLD INVT CORP III	438,625	$143K	<0.01%	new	Timeline
PSQ HOLDINGS INCPSQ HOLDINGS INC	673,474	$141K	<0.01%	0
RAAQWREAL ASSET ACQUISITION CORP	325,000	$136K	<0.01%	new	Timeline
WLACWWILLOW LANE ACQUISITION CORP	375,000	$135K	<0.01%	0	Timeline
OTRKONTRAK INC COM COM PAR $0.0001	262,666	$131K	<0.01%	new	Timeline
TVACWTEXAS VENTURES ACQUISITION I	500,000	$130K	<0.01%	new	Timeline
SDHIRSIDDHI ACQUISITION CORP	550,000	$126K	<0.01%	new	Timeline
MQMARQETA INC	20,920	$122K	<0.01%	new	Timeline
NABORS ENERGY TRANSITION CORNABORS ENERGY TRANSITION COR	250,000	$120K	<0.01%	+35,010
CHACRCRANE HARBOR ACQUISITION-RTS	450,000	$119K	<0.01%	new	Timeline
LOKVWLIVE OAK ACQUISITION CORP V	169,100	$118K	<0.01%	new	Timeline
KFIIRK&F GROWTH ACQUISITION CORP	800,000	$116K	<0.01%	0	Timeline
ARES ACQUISITION CORP II-28ARES ACQUISITION CORP II-28	104,500	$115K	<0.01%	new
DAAQWDIGITAL ASSET ACQUISITION CO	134,618	$114K	<0.01%	new	Timeline
NORTHVIEW ACQUISITION CORPNORTHVIEW ACQUISITION CORP	281,328	$113K	<0.01%	new
ORGNORIGIN MATLS INC (DE)	231,328	$112K	<0.01%	-29,691	Timeline
CCOCLEAR CHANNEL OUTDOOR HLDGS	94,342	$110K	<0.01%	-838,595	Timeline
SATLWSATELLOGIC INC	247,740	$105K	<0.01%	new	Timeline
PLMKWPLUM ACQUISITION CORP IV	425,000	$102K	<0.01%	0	Timeline
URGUR-ENERGY INC	96,508	$101K	<0.01%	new	Timeline
CRAQRCAL REDWOOD ACQUISITION CORP	368,363	$101K	<0.01%	new	Timeline
OPENOPENDOOR TECHNOLOGIES INC	185,030	$98.6K	<0.01%	new	Timeline
RACWSRITHM ACQUISITION CORP	200,000	$98K	<0.01%	new	Timeline
TDACWTRANSLATIONAL DEV ACQUISITIO	325,000	$94.2K	<0.01%	0	Timeline
JOBY AVIATION INCJOBY AVIATION INC	37,572	$90.2K	<0.01%	0
JVSPAC ACQUISITION CORPJVSPAC ACQUISITION CORP	100,000	$87K	<0.01%	-64,178
BEAGRBOLD EAGLE ACQUISITION CORP	275,745	$86.6K	<0.01%	0	Timeline
IPEXRINFLECTION POINT ACQU CORP V	300,000	$85.5K	<0.01%	0	Timeline
XRPNWARMADA ACQUISITION CORP II	307,000	$82.9K	<0.01%	new	Timeline
NTWOWNEWBURY STR II ACQUISITION C	387,074	$81.7K	<0.01%	new	Timeline
OABIWOMNIAB INC	465,229	$80.5K	<0.01%	0	Timeline
DRDBWROMAN DBDR ACQUISITION CORP	156,939	$78.5K	<0.01%	-133,451	Timeline
COLARCOLUMBUS ACQUISITION CORP	300,000	$75.9K	<0.01%	0	Timeline
BTMWQBITCOIN DEPOT INC	186,527	$74.2K	<0.01%	new	Timeline
DYNCWDYNAMIX CORP	200,000	$72K	<0.01%	new	Timeline
CHARGEPOINT HLDGS INCCHARGEPOINT HLDGS INC	102,270	$71.9K	<0.01%	new
LUMNLUMEN TECHNOLOGIES INC	15,600	$68.3K	<0.01%	new	Timeline
GSHRWGESHER ACQUISITION CORP. II	212,500	$68K	<0.01%	new	Timeline
RCKTROCKET PHARMACEUTICALS INC	27,400	$67.1K	<0.01%	-123,800	Timeline
HSPTRHORIZON SPACE ACQUISITION II	400,000	$66K	<0.01%	new	Timeline
MLACRMOUNTAIN LAKE ACQUISITION CO	400,000	$64K	<0.01%	-50,000	Timeline
PTENPATTERSON-UTI ENERGY INC	10,430	$61.9K	<0.01%	new	Timeline
FIGSFIGS INC	10,840	$61.1K	<0.01%	new	Timeline
INOZYME PHARMA INCINOZYME PHARMA INC	14,996	$60K	<0.01%	new
QSEARQUARTZSEA ACQUISITION CORP	175,000	$59.5K	<0.01%	new	Timeline
LULUFAX HOLDING LTD	20,800	$58K	<0.01%	new	Timeline
LCCCRLAKESHORE ACQUISITION III CO	300,000	$57K	<0.01%	new	Timeline
IAUXI-80 GOLD CORP	93,700	$56.1K	<0.01%	new	Timeline
RIBBRRIBBON ACQUISITION CORP	250,000	$55K	<0.01%	0	Timeline
FERARFIFTH ERA ACQUISITION CORP I	200,000	$54.1K	<0.01%	new	Timeline
RDAGWREPUBLIC DIGITAL ACQUISITION	73,290	$52.8K	<0.01%	new	Timeline
EVGOWEVGO INC	238,500	$52.5K	<0.01%	0	Timeline
NOEMRCO2 ENERGY TRANSITION CORP	290,000	$50.8K	<0.01%	0	Timeline
MPTMEDICAL PROPERTIES TRUST INC	11,640	$50.2K	<0.01%	new	Timeline
AA MISSION ACQUISITI…AA MISSION ACQUISITION …	500,000	$49.2K	<0.01%	-250,000
CHARRCHARLTON ARIA ACQUISITION CO	325,000	$48.8K	<0.01%	0	Timeline
MELAR ACQUISITION CORP. IMELAR ACQUISITION CORP. I	162,500	$48.8K	<0.01%	0
SMRTSMARTRENT INC	47,030	$46.6K	<0.01%	new	Timeline
LPBBWLAUNCH TWO ACQUISITION CORP.	100,000	$44.7K	<0.01%	0	Timeline
LCTXLINEAGE CELL THERAPEUTICS IN	48,330	$43.9K	<0.01%	new	Timeline
CRGOWFREIGHTOS LTD	250,000	$42.5K	<0.01%	0	Timeline
COPL/UCOPLEY ACQUISITION CORP	250,000	$41.9K	<0.01%	new	Timeline
DEFTDEFI TECHNOLOGIES INC	14,100	$41.3K	<0.01%	new	Timeline
LWLGLIGHTWAVE LOGIC INC	32,142	$39.9K	<0.01%	new	Timeline
AMPYAMPLIFY ENERGY CORP NEW	11,740	$37.6K	<0.01%	new	Timeline
VZLAVIZSLA SILVER CORP	12,400	$36.6K	<0.01%	-8,000	Timeline
CHGGCHEGG INC	30,070	$36.4K	<0.01%	new	Timeline
PGACRPANTAGES CAPITAL ACQUISITION	175,000	$35.9K	<0.01%	0	Timeline
OACCWOAKTREE ACQUISITION CORP III	40,000	$35K	<0.01%	-50,000	Timeline
ASPCRA SPAC III ACQUISITION CORP	200,000	$34K	<0.01%	0	Timeline
VTYXVENTYX BIOSCIENCES INC	15,864	$33.9K	<0.01%	new	Timeline
REIRING ENERGY INC	42,310	$33.6K	<0.01%	new	Timeline
CGCTWCARTESIAN GROWTH CORP III	121,979	$32.9K	<0.01%	new	Timeline
CCAQWCOLLECTIVE ACQUISITION CORP	150,000	$31.5K	<0.01%	new	Timeline
STLNSTARLING ONCOLOGY INC	15,200	$31.2K	<0.01%	0	Timeline
GPMTGRANITE PT MTG TR INC	12,593	$31.1K	<0.01%	new	Timeline
SESSES AI CORPORATION	34,590	$30.7K	<0.01%	new	Timeline
VACHWVOYAGER ACQUISITION CORP	100,000	$30K	<0.01%	0	Timeline
CRBUCARIBOU BIOSCIENCES INC	23,738	$29.9K	<0.01%	new	Timeline
ONLORION PROPERTIES INC	13,854	$29.5K	<0.01%	new	Timeline
NNBRNN INC	13,840	$29.1K	<0.01%	new	Timeline
BAYARBAYVIEW ACQUISITION CORP	100,000	$29K	<0.01%	-75,000	Timeline
HOVRWNEW HORIZON AIRCRAFT LTD	99,290	$28.7K	<0.01%	-98,000	Timeline
PLWSPLANET LABS PBC	32,614	$27K	<0.01%	0	Timeline
DIH HLDG US INCDIH HLDG US INC	1,385,121	$26.3K	<0.01%	0
NOEMWCO2 ENERGY TRANSITION CORP	290,000	$26.1K	<0.01%	0	Timeline
ATOSSA THERAPEUTICS INCATOSSA THERAPEUTICS INC	31,235	$25.9K	<0.01%	new
BDTXBLACK DIAMOND THERAPEUTICS I	10,440	$25.9K	<0.01%	new	Timeline
LXRXLEXICON PHARMACEUTICALS INC	27,010	$25.5K	<0.01%	new	Timeline
UPWHEELS UP EXPERIENCE INC	23,626	$25.3K	<0.01%	new	Timeline
FUFUWBITFUFU INC	96,154	$25K	<0.01%	0	Timeline
BLNKBLINK CHARGING CO	25,340	$23.8K	<0.01%	new	Timeline
NRGVENERGY VAULT HOLDINGS INC	33,218	$23.8K	<0.01%	new	Timeline
DTSQRDT CLOUD STAR ACQUISITION CO	195,000	$23.8K	<0.01%	new	Timeline
CCCCC4 THERAPEUTICS INC	16,095	$23K	<0.01%	new	Timeline
REKRREKOR SYSTEMS INC	19,560	$22.7K	<0.01%	new	Timeline
FLNAFILANA THERAPEUTICS INC	12,355	$22.4K	<0.01%	new	Timeline
Leslie's IncLeslie's Inc	52,154	$21.9K	<0.01%	new
MGNXMACROGENICS INC	17,483	$21.2K	<0.01%	new	Timeline
CDLXCARDLYTICS INC	12,477	$20.5K	<0.01%	new	Timeline
NXATWNEXUS ADVANCED TECHNOLOGIES	150,115	$20.5K	<0.01%	new	Timeline
GUTSFRACTYL HEALTH INC	12,457	$20.2K	<0.01%	new	Timeline
CABACABALETTA BIO INC	13,070	$19.9K	<0.01%	new	Timeline
ZNTLZENTALIS PHARMACEUTICALS INC	16,638	$19.3K	<0.01%	new	Timeline
Veru IncVeru Inc	33,088	$19.3K	<0.01%	new
QIPTQUIPT HOME MEDICAL CORP	10,412	$18.6K	<0.01%	new	Timeline
PLRXPLIANT THERAPEUTICS INC	15,710	$18.2K	<0.01%	-69,290	Timeline
ProKidney CorpProKidney Corp	29,887	$17.7K	<0.01%	new
Horizon Space Acquisition I…Horizon Space Acquisition I Corp	419,586	$16.8K	<0.01%	0
QETARQUETTA ACQUISITION CORP	14,090	$16.5K	<0.01%	0	Timeline
GRWGGROWGENERATION CORP	17,624	$16.5K	<0.01%	new	Timeline
NMRANEUMORA THERAPEUTICS INC.	22,449	$16.5K	<0.01%	new	Timeline
ATIIWARCHIMEDES TECH SPAC PARTNER	39,994	$16.2K	<0.01%	new	Timeline
SUTRO BIOPHARMA INCSUTRO BIOPHARMA INC	22,571	$16.1K	<0.01%	new
IVVDINVIVYD INC	21,322	$15.2K	<0.01%	new	Timeline
PYXSPYXIS ONCOLOGY INC	13,790	$15.2K	<0.01%	new	Timeline
LOTWWLOTUS TECHNOLOGY INC	137,142	$14.4K	<0.01%	0	Timeline
CHPGRCHAMPIONSGATE ACQUISITION CO	125,000	$12.5K	<0.01%	new	Timeline
SCAGWSCAGE FUTURE	149,298	$12K	<0.01%	new	Timeline
CN HEALTHY FOOD TECH GROUP CCN HEALTHY FOOD TECH GROUP C	197,700	$11.9K	<0.01%	-75,000
TACHWTITAN ACQUISITION CORP	31,757	$11.8K	<0.01%	new	Timeline
CINGWCINGULATE INC	210,798	$11.6K	<0.01%	0	Timeline
EDBLWEDIBLE GARDEN AG INC	100,000	$10K	<0.01%	0	Timeline
FGIWWFGI INDUSTRIES LTD	160,372	$7.04K	<0.01%	0	Timeline
TGEWSGENERATION ESSENTIALS GROUP	13,251	$5.3K	<0.01%	new	Timeline
FORLWWTS/FOUR LEAF ACQUISITION CORPORA…	123,546	$3.71K	<0.01%	0	Timeline
ZOOZWZOOZ STRATEGY LTD	38,893	$2.81K	<0.01%	0	Timeline
EMCWFEMBRACE CHANGE ACQUISITION COR	135,000	$2.7K	<0.01%	-150,000	Timeline
MKDWWMKDWELL TECH INC	200,000	$2.34K	<0.01%	0	Timeline
CPTWFCAPTIVISION INC	97,483	$2.15K	<0.01%	0	Timeline
BENFWBENEFICIENT	300,000	$2.07K	<0.01%	0	Timeline
SRZNWSURROZEN INC	20,718	$375	<0.01%	0	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 403. All 403

Security	Type	Amount	Value	Change
NVDANVIDIA CORPORATION COM	put	7,765,500	$1.23B	-4,061,900
QQQINVESCO QQQ TR COM	put	2,182,400	$1.2B	+2,133,600
TSLATESLA INC COM	put	2,997,500	$952M	+389,500
SPYSTATE STR SPDR S&P 500 ETF T SHS	put	1,393,200	$861M	-95,500
AMZNAMAZON COM INC COM	put	3,075,500	$675M	+725,600
BRK-BBERKSHIRE HATHAWAY INC DEL COM	put	1,150,000	$559M	+300,000
QQQINVESCO QQQ TR COM	call	983,800	$543M	-307,200
AMDADVANCED MICRO DEVICES INC COM	put	3,300,000	$468M	-1,450,600
MSTRSTRATEGY INC Stock	put	1,140,100	$461M	+315,500
HYGISHARES TR IBOXX HI YD ETF	put	4,800,000	$387M	-5,550,000
TSLATESLA INC COM	call	1,172,500	$372M	+637,300
NFLXNETFLIX INC. COM	put	230,000	$308M	+125,500
NFLXNETFLIX INC. COM	call	225,800	$302M	+198,900
IWMISHARES TR SHS	put	1,314,700	$284M	-2,385,300
DLTRDOLLAR TREE INC Stock	put	2,500,000	$248M	0
AMZNAMAZON COM INC COM	call	1,058,300	$232M	+762,500
BRK-BBERKSHIRE HATHAWAY INC DEL COM	call	400,000	$194M	+100,000
SPYSTATE STR SPDR S&P 500 ETF T SHS	call	290,000	$179M	-210,000
LLYELI LILLY & CO COM	put	224,900	$175M	+21,800
ARMARM HOLDINGS PLC SPONSORED ADS	put	1,050,000	$170M	-150,000
SPRINGWORKS THERAPEUTICS INCSPRINGWORKS THERAPEUTICS INC COM	call	3,529,200	$166M	new
HOODROBINHOOD MKTS INC COM	call	1,684,400	$158M	new
TGTTARGET CORP Stock	put	1,500,000	$148M	+1,250,000
PLTRPALANTIR TECHNOLOGIES INC COM	put	1,085,000	$148M	+278,200
HOODROBINHOOD MKTS INC COM	put	1,560,000	$146M	-200,000
PLTRPALANTIR TECHNOLOGIES INC COM	call	1,060,000	$144M	+948,300
GOOGLALPHABET INC COM	put	730,000	$129M	-392,900
IBITISHARES BITCOIN TRUST ETF SHS	call	1,958,400	$120M	+1,660,500
UNHUNITEDHEALTH GROUP INC COM	put	336,300	$105M	+203,800
IBITISHARES BITCOIN TRUST ETF SHS	put	1,650,000	$101M	+1,450,000
UBERUBER TECHNOLOGIES INC COM	put	1,063,900	$99.3M	-794,200
BABOEING CO COM	put	460,000	$96.4M	-772,900
AAPLAPPLE INC COM	put	460,100	$94.4M	-1,285,800
PYPLPAYPAL HLDGS INC STOK	put	1,125,000	$83.6M	-437,600
ADBEADOBE INC COM	put	205,200	$79.4M	-107,600
NVDANVIDIA CORPORATION COM	call	500,700	$79.1M	-410,300
AALAMERICAN AIRLINES GROUP INC Stock	put	6,597,200	$74M	+3,002,900
WFCWELLS FARGO & CO COM	put	901,900	$72.3M	+639,100
SMHVANECK ETF TRUST COM	put	215,000	$60M	+70,400
MRKMERCK & CO INC COM	put	720,000	$57M	-389,500
CRWDCROWDSTRIKE HLDGS INC COM	put	110,000	$56M	-25,700
VNOVORNADO RLTY TR SH BEN INT	call	1,405,000	$53.7M	new
ABNBAIRBNB INC COM	put	400,000	$52.9M	+381,500
COINCOINBASE GLOBAL INC Stock	put	150,000	$52.6M	-1,278,500
DASHDOORDASH INC Stock	put	200,000	$49.3M	-314,100
PGPROCTER & GAMBLE CO COM	call	295,200	$47M	new
NEMNEWMONT CORP COM	put	650,000	$37.9M	-350,000
CVXCHEVRON CORPORATION COM	call	260,800	$37.3M	-144,300
PGPROCTER & GAMBLE CO COM	put	213,700	$34M	+205,200
JPMJPMORGAN CHASE & CO COM	put	112,200	$32.5M	+86,000
ASMLASML HLDG NV STOK	put	39,700	$31.8M	-142,100
GILDGILEAD SCIENCES INC COM	put	286,400	$31.8M	+21,500
PARAMOUNT GLOBALPARAMOUNT GLOBAL CLASS B COM	put	2,434,200	$31.4M	new
ORCLORACLE CORP COM	call	133,300	$29.1M	new
MSMORGAN STANLEY COM	call	204,300	$28.8M	new
MSFTMICROSOFT CORP COM	put	57,500	$28.6M	-1,447,000
SLGSL GREEN RLTY CORP REIT	call	460,000	$28.5M	new
DDOGDATADOG INC STOK	put	204,200	$27.4M	+193,100
AMKRAMKOR TECHNOLOGY INC Stock	put	1,250,000	$26.2M	new
AMGNAMGEN INC COM	put	93,600	$26.1M	-431,200
CMGCHIPOTLE MEXICAN GRILL INC STOK	put	440,000	$24.7M	new
METAMETA PLATFORMS INC COM	put	32,000	$23.6M	-166,500
VERVE THERAPEUTICS INCVERVE THERAPEUTICS INC COM	put	2,095,200	$23.5M	new
WYWEYERHAEUSER CO REIT	put	901,700	$23.2M	new
HIMSHIMS & HERS HEALTH INC COM CL A	put	450,000	$22.4M	new
CCJCAMECO CORP Stock	put	300,000	$22.3M	new
AMEDISYS INCAMEDISYS INC COM	put	225,000	$22.1M	new
CRWVCOREWEAVE INC COM	put	135,000	$22M	new
USOUNITED STS OIL FD LP COM	put	300,000	$21.9M	new
TTWOTAKE-TWO INTERACTIVE SOFTWAR Stock	put	90,000	$21.9M	0
BACBANK OF AMER CORP COM	put	459,100	$21.7M	-2,916,900
MDBMONGODB INC Stock	put	100,000	$21M	new
SLNOSOLENO THERAPEUTICS INC COM	call	250,000	$20.9M	+225,000
AVGOBROADCOM INC COM	put	74,700	$20.6M	-911,200
DLTRDOLLAR TREE INC Stock	call	200,000	$19.8M	new
MUMICRON TECHNOLOGY INC COM	call	160,000	$19.7M	+132,100
AAPLAPPLE INC COM	call	95,500	$19.6M	-256,600
LEVILEVI STRAUSS & CO NEW Stock	put	1,000,000	$18.5M	new
METAMETA PLATFORMS INC COM	call	25,000	$18.5M	-28,500
ANFABERCROMBIE & FITCH CO Stock	put	200,000	$16.6M	new
BACBANK OF AMER CORP COM	call	350,000	$16.6M	new
BBWIBATH & BODY WORKS INC Stock	put	500,000	$15M	new
GDGENERAL DYNAMICS CORP Stock	call	50,500	$14.7M	new
MGMMGM RESORTS INTERNATIONAL COM	put	425,000	$14.6M	new
INTCINTEL CORP COM	call	631,700	$14.2M	+524,500
MAMASTERCARD INCORPORATED COM	put	25,100	$14.1M	+4,400
PCGPG&E CORP Stock	call	1,010,500	$14.1M	new
CTRECARETRUST REIT INC REIT	put	458,400	$14M	new
HDHOME DEPOT INC COM	put	38,100	$14M	+23,000
TAT&T INC COM	put	480,700	$13.9M	new
TPRTAPESTRY INC Stock	call	150,000	$13.2M	new
INTCINTEL CORP COM	put	570,000	$12.8M	-1,753,600
CSCOCISCO SYS INC COM	put	179,100	$12.4M	-1,054,100
EQTEQT CORP Stock	put	200,000	$11.7M	new
JUNIPER NETWORKS INCJUNIPER NETWORKS INC COM	put	282,500	$11.3M	-217,500
SMHVANECK ETF TRUST COM	call	40,000	$11.2M	-21,200
GEGE AEROSPACE COM	put	43,000	$11.1M	+38,800
CORTCORCEPT THERAPEUTICS INC COM	put	150,000	$11M	new
CSCOCISCO SYS INC COM	call	155,400	$10.8M	-395,900
JNJJOHNSON & JOHNSON COM	put	68,900	$10.5M	-269,700

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
CNX RES CORPCNX RES CORP NOTE 2.250% 5/0	principal	117,098,000	$308M	0
DEXCOM INCDEXCOM INC NOTE 0.250%11/1	principal	236,063,000	$232M	+104,162,000
SOUTHERN COSOUTHERN CO NOTE 3.875%12/1	principal	174,845,000	$194M	-49,215,000
PG&E CORPPG&E CORP NOTE 4.250%12/0	principal	184,195,000	$183M	+69,970,000
TRANSOCEAN INCTRANSOCEAN INC DEB 4.625% 9/3	principal	120,466,000	$129M	0
TRANSOCEAN INCTRANSOCEAN INC DEB 4.000%12/1	principal	80,376,000	$82M	-35,501,000
INTERDIGITAL INCINTERDIGITAL INC NOTE 3.500% 6/0	principal	27,500,000	$80.2M	-3,500,000
BOFA FIN LLCBOFA FIN LLC MTNF 0.600% 5/2	principal	77,500,000	$76.3M	-23,500,000
ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0	principal	40,000,000	$51M	new
RINGCENTRAL INCRINGCENTRAL INC NOTE 3/1	principal	50,186,000	$48.4M	-870,000
DAYFORCE INCDAYFORCE INC NOTE 0.250% 3/1	principal	43,204,000	$41.7M	-12,500,000
VERINT SYSTEMS INCVERINT SYSTEMS INC BOND	principal	42,913,000	$41.1M	0
ETSY INCETSY INC NOTE 0.250% 6/1	principal	38,603,000	$33.2M	-5,000,000
VAIL RESORTS INCVAIL RESORTS INC NOTE 1/0	principal	30,236,000	$29.5M	-10,000,000
ECHOSTAR CORPECHOSTAR CORP NOTE 3.875%11/3	principal	20,689,627	$24.3M	-54,732,113
RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 3.625%10/1	principal	20,000,000	$18M	0
AIRBNB INCAIRBNB INC CLASS A	principal	15,000,000	$14.5M	0
NCL CORP LTDNCL CORP LTD NOTE 2.500% 2/1	principal	14,000,000	$14M	0
SUPER MICRO COMPUTER INCSUPER MICRO COMPUTER INC NOTE 3.500% 3/0	principal	13,000,000	$13.6M	-20,000,000
OMNICELL COMOMNICELL COM NOTE 0.250% 9/1	principal	11,014,000	$10.8M	0

Sold out in Q2 2025

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

The largest 100 of 423. All 423

Security	Shares before	Value before	Type
FIRSTENERGY CORPFIRSTENERGY CORP	311,387,000	$316M	principal
TSMTAIWAN SEMICONDUCTOR MANUFAC	1,449,700	$241M	put
MSFTMICROSOFT CORP	321,300	$121M	call
OXY/WSOCCIDENTAL PETE CORP	4,110,100	$114M	shares
ASMLASML HLDG NV	156,751	$104M	shares
BABAALIBABA GROUP HLDG LTD	650,000	$85.9M	put
INTRA-CELLULAR THERAPIES INCINTRA-CELLULAR THERAPIES INC	606,808	$80.1M	shares
FLUTFLUTTER ENTMT PLC	350,000	$77.5M	put
CDNSCADENCE DESIGN SYSTEM INC	281,584	$71.6M	shares
IBMINTERNATIONAL BUSINESS MACHS	252,283	$62.7M	shares
XLVSELECT SECTOR SPDR TR	412,500	$60.2M	put
ORCLORACLE CORP	406,300	$56.8M	put
PDDPDD HOLDINGS INC	473,300	$56M	put
AVGOBROADCOM INC	333,981	$55.9M	shares
ZSCALER INCZSCALER INC	41,571,000	$55.1M	principal
EXREXTRA SPACE STORAGE INC	357,278	$53.1M	shares
XLFSELECT SECTOR SPDR TR	1,050,000	$52.3M	call
XLESELECT SECTOR SPDR TR	550,000	$51.4M	call
XBISPDR SERIES TRUST	575,000	$46.6M	put
DELLDELL TECHNOLOGIES INC	500,000	$45.6M	put
CGNXCOGNEX CORP	1,500,000	$44.7M	shares
MUMICRON TECHNOLOGY INC	484,200	$42.1M	put
PANWPALO ALTO NETWORKS INC	245,737	$41.9M	shares
METMETLIFE INC	500,000	$40.1M	put
AONAON PLC	90,070	$35.9M	shares
AONAON PLC	90,000	$35.9M	put
DELLDELL TECHNOLOGIES INC	380,890	$34.7M	shares
VICIVICI PPTYS INC	1,062,225	$34.6M	shares
XHBSPDR SERIES TRUST	344,900	$33.4M	call
NFLXNETFLIX INC.	34,197	$31.9M	shares
KRGKITE REALTY GROUP TRUST	1,388,971	$31.1M	shares
OMCOMNICOM GROUP INC	363,580	$30.1M	shares
VNQVANGUARD INDEX FDS	315,167	$28.5M	shares
XLESELECT SECTOR SPDR TR	300,000	$28M	put
BIDUBAIDU INC	300,000	$27.6M	shares
BIDUBAIDU INC	300,000	$27.6M	put
XLFSELECT SECTOR SPDR TR	550,000	$27.4M	put
GLDSPDR GOLD TR	94,475	$27.2M	shares
VMRKVIVMARK RESIDENTIAL	368,490	$26.4M	shares
RSPINVESCO EXCHANGE TRADED FD T	150,000	$26M	shares
NVSNOVARTIS AG	231,567	$25.8M	shares
ALBALBEMARLE CORP	350,000	$25.2M	put
MONEYLION INCMONEYLION INC	286,705	$24.8M	shares
HSTHOST HOTELS & RESORTS INC	1,741,500	$24.7M	put
DOCHEALTHPEAK PROPERTIES INC	1,127,091	$22.8M	shares
NORDSTROM INCNORDSTROM INC	928,377	$22.7M	shares
MELIMERCADOLIBRE INC	11,100	$21.7M	put
SAIASAIA INC	61,805	$21.6M	shares
TPRTAPESTRY INC	300,000	$21.1M	put
BERRY GLOBAL GROUP INCBERRY GLOBAL GROUP INC	300,000	$20.9M	shares
SNOWSNOWFLAKE INC	140,000	$20.5M	put
TXRHTEXAS ROADHOUSE INC	116,236	$19.4M	shares
COLDAMERICOLD REALTY TRUST INC	859,816	$18.5M	shares
COFCAPITAL ONE FINL CORP	100,000	$17.9M	put
ZIONZIONS BANCORPORATION NATL AS	354,120	$17.7M	shares
SIGSIGNET JEWELERS LTD	299,900	$17.4M	call
DEXCOM INCDEXCOM INC	19,500,000	$17.4M	principal
NVONOVO-NORDISK A S	250,000	$17.4M	put
WDAYWORKDAY INC	70,500	$16.5M	put
CPTCAMDEN PPTY TR	132,317	$16.2M	shares
PRKSUNITED PARKS & RESORTS INC	350,420	$15.9M	shares
SNPSSYNOPSYS INC	35,400	$15.2M	put
ADBEADOBE INC	38,900	$14.9M	call
GDXVANECK ETF TRUST	300,000	$13.8M	put
GDXVANECK ETF TRUST	300,000	$13.8M	call
GOOGALPHABET INC	85,000	$13.3M	put
MSCIMSCI INC	23,402	$13.2M	shares
MARMARRIOTT INTL INC NEW	55,400	$13.2M	put
LRCXLAM RESEARCH CORP	173,648	$12.6M	shares
BUDANHEUSER BUSCH INBEV SA NV	200,000	$12.3M	put
DISCOVER FINANCIAL SERVICESDISCOVER FINANCIAL SERVICES	70,080	$12M	shares
ANETARISTA NETWORKS INC	150,000	$11.6M	put
UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW	275,000	$11.6M	call
XBISPDR SERIES TRUST	135,318	$11M	shares
CHDNCHURCHILL DOWNS INC	98,705	$11M	shares
ALNYALNYLAM PHARMACEUTICALS INC	40,000	$10.8M	put
QCOMQUALCOMM INC	66,400	$10.2M	call
AZEK CO INCAZEK CO INC	207,198	$10.1M	shares
RACURITHM ACQUISITION CORP	1,000,000	$10.1M	shares
MRVLMARVELL TECHNOLOGY INC	156,600	$9.64M	put
BURLBURLINGTON STORES INC	40,088	$9.55M	shares
AIGAMERICAN INTL GROUP INC	109,700	$9.54M	put
AIGAMERICAN INTL GROUP INC	109,700	$9.54M	call
SHOSUNSTONE HOTEL INVS INC NEW	1,004,662	$9.45M	shares
ROSTROSS STORES INC	72,198	$9.23M	shares
APPAPPLOVIN CORP	34,600	$9.17M	put
AFGAMERICAN FINANCIAL GROUP INC	68,526	$9M	shares
SLMSLM CORP	306,200	$8.99M	shares
CZRCAESARS ENTERTAINMENT INC NE	350,087	$8.75M	shares
CTSHCOGNIZANT TECHNOLOGY SOLUTIO	111,100	$8.5M	call
MASMASCO CORP	121,700	$8.46M	put
YUMYUM BRANDS INC	53,590	$8.43M	shares
NHICUNEWHOLD INVT CORP III	800,000	$8.07M	shares
IWMISHARES TR	40,000	$7.98M	call
NEWBURY STR II ACQUISITION CNEWBURY STR II ACQUISITION C	774,149	$7.83M	shares
GMGENERAL MTRS CO	165,235	$7.77M	shares
DKSDICKS SPORTING GOODS INC	38,420	$7.74M	shares
ISRGINTUITIVE SURGICAL INC	15,600	$7.73M	call
KRMNKARMAN HLDGS INC	228,947	$7.65M	shares
INSMINSMED INC	100,000	$7.63M	call

How Q2 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 0001393825-25-000062	superseded		2025-08-14	acceptance time not in the bulk data set	2026-10-07 18:23:11 UTC
13F-HR/A 0001393825-25-000066	base	restatement	2025-08-18	acceptance time not in the bulk data set	2026-10-07 18:23:11 UTC