PICTON MAHONEY ASSET MANAGEMENT

13F filer, CIK 1539041, Toronto, Ontario, Canada

PICTON MAHONEY ASSET MANAGEMENT reported $11,082,966,000 across 1,069 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-12. Its ten largest share positions make up 25.32% of the portfolio.

Filed 2025-11-12 (acceptance time not in the bulk data set), ingested 2026-10-07 03:02:25 UTC13F-HR 0001539041-25-000062

Period: 2025-09-30
Reported value: $11.1B
Holdings: 1,069
Top 10 weight: 25.32%
New: 316
Sold out: 210

Largest buys vs the previous quarter

Security	Shares change	Approx. value
VOEadded	+334,159	$58.3M
Badded	+1,488,438	$48.9M
CMadded	+603,540	$48.2M
CYBERARK SOFTWARE LTD/ISRAELadded	+94,102	$45.5M
MDBadded	+99,523	$30.9M

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
SLFexited	-1,322,756	-$87.7M
CLSreduced	-223,748	-$55M
TECKreduced	-946,157	-$41.5M
BMOreduced	-310,912	-$40.5M
WCNreduced	-217,174	-$38.2M

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.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0001539041-25-000062, largest first. % of portfolio is the value over $7,841,452,000, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
ASCARDMORE SHIPPING CORP	72,834	$864K	0.01%	new	Timeline
MCBMETROPOLITAN BK HLDG CORP	11,514	$862K	0.01%	new	Timeline
WPCWP CAREY INC	12,735	$861K	0.01%	new	Timeline
BRXBRIXMOR PPTY GROUP INC	30,855	$854K	0.01%	new	Timeline
ATOATMOS ENERGY CORP	4,978	$850K	0.01%	new	Timeline
PATHUIPATH INC	63,540	$850K	0.01%	+42,050	Timeline
HGHAMILTON INSURANCE GROUP LTD	34,256	$849K	0.01%	-28,199	Timeline
DLXDELUXE CORP MEDIUM TERM NTS	43,606	$845K	0.01%	new	Timeline
RITMRITHM CAPITAL CORP	73,362	$836K	0.01%	new	Timeline
TRVTRAVELERS COMPANIES INC	2,992	$836K	0.01%	new	Timeline
CINFCINCINNATI FINL CORP	5,285	$836K	0.01%	new	Timeline
UVEUNIVERSAL INS HLDGS INC	31,747	$835K	0.01%	-17,516	Timeline
DAKTDAKTRONICS INC	39,740	$831K	0.01%	new	Timeline
LNTALLIANT ENERGY CORP	12,197	$823K	0.01%	new	Timeline
REGREGENCY CTRS CORP	11,287	$823K	0.01%	+2,974	Timeline
CDWCDW CORP	5,165	$822K	0.01%	-3,011	Timeline
PTONPELOTON INTERACTIVE INC	90,579	$815K	0.01%	new	Timeline
ACMRACM RESH INC	20,542	$804K	0.01%	new	Timeline
TSNTYSON FOODS INC	14,789	$803K	0.01%	+14,771	Timeline
PDPAGERDUTY INC	48,098	$795K	0.01%	+35,064	Timeline
MBLYMOBILEYE GLOBAL INC	56,016	$792K	0.01%	+12,502	Timeline
JBGSJBG SMITH PPTYS	35,459	$789K	0.01%	new	Timeline
OACCOAKTREE ACQUISITION CORP III	75,000	$789K	0.01%	0	Timeline
NXTNEXTPOWER INC	10,618	$786K	0.01%	new	Timeline
HSIIHEIDRICK & STRUGGLES INTL IN	15,716	$783K	0.01%	new	Timeline
LRNSTRIDE INC	5,244	$782K	0.01%	+2,142	Timeline
DVDOUBLEVERIFY HLDGS INC	65,250	$782K	0.01%	new	Timeline
OKTAOKTA INC	8,510	$781K	0.01%	new	Timeline
LYFTLYFT INC	35,474	$781K	0.01%	new	Timeline
FSLYFASTLY INC	91,273	$781K	0.01%	new	Timeline
ARXACCELERANT HOLDINGS	52,349	$780K	0.01%	new	Timeline
SAHSONIC AUTOMOTIVE INC	10,231	$779K	0.01%	new	Timeline
APPFAPPFOLIO INC	2,814	$775K	0.01%	new	Timeline
WRBYWARBY PARKER INC	28,110	$775K	0.01%	new	Timeline
PAGSPAGSEGURO DIGITAL LTD	77,396	$774K	0.01%	+77,272	Timeline
MVSTMICROVAST HOLDINGS INC	200,470	$771K	0.01%	new	Timeline
RELYREMITLY GLOBAL INC	47,306	$770K	0.01%	+39,479	Timeline
MRXMAREX GROUP PLC	22,845	$768K	0.01%	new	Timeline
ARRYARRAY TECHNOLOGIES INC	93,924	$765K	0.01%	new	Timeline
DDSDILLARDS INC	1,244	$764K	0.01%	new	Timeline
UALUNITED AIRLS HLDGS INC	7,923	$764K	0.01%	new	Timeline
BROSDUTCH BROS INC	14,611	$764K	0.01%	new	Timeline
DOCSDOXIMITY INC	10,428	$763K	0.01%	+9,024	Timeline
PRCHPORCH GROUP INC	45,396	$762K	0.01%	new	Timeline
URBNURBAN OUTFITTERS INC	10,659	$761K	0.01%	-789	Timeline
MKLMARKEL GROUP INC	395	$754K	0.01%	new	Timeline
IEURISHARES TR	11,040	$752K	0.01%	0	Timeline
YETIYETI HLDGS INC	22,547	$749K	0.01%	new	Timeline
AMPXAMPRIUS TECHNOLOGIES INC	70,981	$746K	0.01%	new	Timeline
EATBRINKER INTL INC	5,885	$746K	0.01%	+5,869	Timeline
ASANASANA INC	55,855	$746K	0.01%	new	Timeline
PSIXPOWER SOLUTIONS INTL INC	7,480	$735K	0.01%	new	Timeline
QSRRESTAURANT BRANDS INTL INC	11,428	$733K	0.01%	-278,083	Timeline
FRSHFRESHWORKS INC	62,165	$732K	0.01%	+48,088	Timeline
LPLALPL FINL HLDGS INC	2,200	$732K	0.01%	-79,957	Timeline
CCEPCOCA-COLA EUROPACIFIC PARTNE	8,066	$730K	0.01%	new	Timeline
CCKCROWN HLDGS INC	7,519	$727K	0.01%	new	Timeline
PBAPEMBINA PIPELINE CORP	17,829	$721K	0.01%	-234	Timeline
QBTSD-WAVE QUANTUM INC	28,991	$716K	0.01%	new	Timeline
DOCUDOCUSIGN INC	9,883	$711K	0.01%	+9,863	Timeline
GIBCGI INC	7,847	$699K	0.01%	-195,242	Timeline
BRZEBRAZE INC	24,567	$698K	0.01%	new	Timeline
HCM II ACQUISITION CORPHCM II ACQUISITION CORP	42,081	$691K	0.01%	-900,000
HESMHESS MIDSTREAM LP	19,951	$690K	0.01%	new	Timeline
AMCOR PLCAMCOR PLC	83,681	$685K	0.01%	new
BALLBALL CORP	13,575	$685K	0.01%	new	Timeline
KVYOKLAVIYO INC	24,489	$678K	0.01%	+12,640	Timeline
CARTMAPLEBEAR INC	18,332	$673K	0.01%	+12,389	Timeline
MSTRSTRATEGY INC	2,069	$666K	0.01%	new	Timeline
PGYPAGAYA TECHNOLOGIES LTD	22,397	$665K	0.01%	new	Timeline
CENTACENTRAL GARDEN & PET CO	22,409	$661K	0.01%	new	Timeline
BBBLACKBERRY LTD	134,519	$656K	0.01%	new	Timeline
YOUCLEAR SECURE INC	19,573	$653K	0.01%	+19,535	Timeline
ORLYOREILLY AUTOMOTIVE INC	5,875	$633K	0.01%	+1,325	Timeline
TASKTASKUS INC	34,568	$618K	0.01%	new	Timeline
SVMSILVERCORP METALS INC	95,535	$601K	0.01%	0	Timeline
BHCBAUSCH HEALTH COS INC	92,604	$596K	0.01%	-92,200	Timeline
PHPARKER-HANNIFIN CORP	760	$576K	0.01%	+320	Timeline
GICGLOBAL INDUSTRIAL COMPANY	15,576	$571K	0.01%	+15,541	Timeline
STNSTANTEC INC	5,194	$560K	0.01%	-8,203	Timeline
CRCTCRICUT INC	87,767	$551K	0.01%	new	Timeline
BVBRIGHTVIEW HLDGS INC	39,900	$535K	0.01%	-58,000	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	780	$520K	0.01%	0	Timeline
CRHCRH PLC	4,300	$516K	0.01%	new	Timeline
BBAIBIGBEAR AI HLDGS INC	76,852	$501K	0.01%	new	Timeline
FIVNFIVE9 INC	20,590	$499K	0.01%	new	Timeline
RTACRENATUS TACTICAL ACQUIS	45,000	$492K	0.01%	new	Timeline
CIENCIENA CORP	3,305	$482K	0.01%	+3,045	Timeline
KCCAKRANESHARES TRUST	27,300	$468K	0.01%	0	Timeline
CHRWC H ROBINSON WORLDWIDE IN	3,351	$444K	0.01%	+3,340	Timeline
VLOSWVELOS ACQUISITION I CORP	362,500	$443K	0.01%	-150,000	Timeline
CASYCASEYS GEN STORES INC	775	$438K	0.01%	new	Timeline
NGDNEW GOLD INC	60,614	$434K	0.01%	new	Timeline
MDTMEDTRONIC PLC	4,517	$430K	0.01%	+4,505	Timeline
SOBOSOUTH BOW CORP	15,010	$425K	0.01%	new	Timeline
EGHAEGH ACQUISITION CORP.	40,000	$401K	0.01%	new	Timeline
TRUTRANSUNION	4,680	$392K	<0.01%	new	Timeline
CWCURTISS WRIGHT CORP	695	$378K	<0.01%	+10	Timeline
MRCYMERCURY SYS INC	4,740	$367K	<0.01%	new	Timeline
CEPOCANTOR EQUITY PARTNERS I INC	35,000	$366K	<0.01%	-115,000	Timeline
LQDISHARES TR	3,220	$359K	<0.01%	+3,020	Timeline
DCBODOCEBO INC	13,032	$355K	<0.01%	new	Timeline
HCM II ACQUISITION CORPHCM II ACQUISITION CORP	59,282	$355K	<0.01%	-505,000
HPEHEWLETT PACKARD ENTERPRISE C	14,320	$352K	<0.01%	new	Timeline
HYGISHARES TR	4,290	$348K	<0.01%	new	Timeline
IPCXRINFLECTION PT ACQUISITION CO	750,000	$330K	<0.01%	new	Timeline
CMICUMMINS INC	779	$329K	<0.01%	+775	Timeline
MTHMERITAGE HOMES CORP	4,530	$328K	<0.01%	new	Timeline
CRSCARPENTER TECHNOLOGY CORP	1,265	$310K	<0.01%	+310	Timeline
ALFUWCENTURION ACQUISITION CORP	912,500	$310K	<0.01%	0	Timeline
DALDELTA AIR LINES INC	5,200	$295K	<0.01%	+2,070	Timeline
CUBECUBESMART	7,020	$285K	<0.01%	new	Timeline
AWIARMSTRONG WORLD INDS INC NEW	1,455	$285K	<0.01%	new	Timeline
REZIRESIDEO TECHNOLOGIES INC	6,396	$276K	<0.01%	+6,335	Timeline
PMPHILIP MORRIS INTL INC	1,644	$266K	<0.01%	+485	Timeline
DBBINVESCO DB MULTI-SECTOR COMM	12,830	$264K	<0.01%	+20	Timeline
GIGGWGIGCAPITAL7 CORP	582,500	$262K	<0.01%	-135,000	Timeline
EWUISHARES TR	6,220	$261K	<0.01%	+1,590	Timeline
BAMBROOKFIELD ASSET MANAGMT LTD	4,571	$260K	<0.01%	0	Timeline
THCTENET HEALTHCARE CORP	1,277	$258K	<0.01%	-1,205	Timeline
SIMAWSIM ACQUISITION CORP. I	700,000	$258K	<0.01%	0	Timeline
CGCTWCARTESIAN GROWTH CORP III	1,000,000	$250K	<0.01%	new	Timeline
GPATWGP-ACT III ACQUISITION CORP	937,500	$243K	<0.01%	0	Timeline
JCIJOHNSON CONTROLS INTERNATION	2,191	$241K	<0.01%	+2,175	Timeline
FDXFEDEX CORP	994	$235K	<0.01%	-35	Timeline
IYKISHARES TR	3,400	$233K	<0.01%	+500	Timeline
HAPNHAPPEN INC	15,200	$231K	<0.01%	new	Timeline
VISNVISTANCE NETWORKS INC	14,641	$227K	<0.01%	new	Timeline
IDUISHARES TR	2,000	$222K	<0.01%	+600	Timeline
TVACWTEXAS VENTURES ACQUISITION I	200,000	$220K	<0.01%	-50,000	Timeline
SNXTD SYNNEX CORPORATION	1,325	$218K	<0.01%	+1,315	Timeline
IRTCIRHYTHM HOLDINGS INC	1,250	$215K	<0.01%	new	Timeline
OPLNOPENLANE INC	7,410	$213K	<0.01%	new	Timeline
KEKIMBALL ELECTRONICS INC	7,050	$210K	<0.01%	new	Timeline
VRRMVERRA MOBILITY CORP	8,465	$209K	<0.01%	new	Timeline
COPXGLOBAL X FDS	3,500	$209K	<0.01%	-100	Timeline
ALDFWALDEL FINL II INC	375,000	$204K	<0.01%	0	Timeline
BDCIUBTC DEV CORP	20,000	$202K	<0.01%	new	Timeline
IYMISHARES TR	1,300	$193K	<0.01%	+300	Timeline
CUBWWLIONHEART HOLDINGS	750,000	$191K	<0.01%	0	Timeline
CAICARIS LIFE SCIENCES INC	6,210	$188K	<0.01%	new	Timeline
EQV VENTURES ACQUISITION COREQV VENTURES ACQUISITION COR	349,999	$174K	<0.01%	0
DBEINVESCO DB MULTI-SECTOR COMM	9,110	$173K	<0.01%	0	Timeline
SILGLOBAL X FDS	2,400	$172K	<0.01%	-1,000	Timeline
OYSEROYSTER ENTERPRISES II ACQUIS	1,000,000	$170K	<0.01%	new	Timeline
IWMISHARES TR	700	$169K	<0.01%	+150	Timeline
LPAAWLAUNCH ONE ACQUISITION CORP	734,878	$169K	<0.01%	0	Timeline
CCIXWCHURCHILL CAPITAL CORP IX	215,625	$168K	<0.01%	0	Timeline
TONT/WSGRAF GLOBAL CORP	502,140	$165K	<0.01%	0	Timeline
EWHISHARES INC	7,600	$164K	<0.01%	+1,630	Timeline
RDAGWREPUBLIC DIGITAL ACQUISITION	250,000	$163K	<0.01%	new	Timeline
IYJISHARES TR	1,100	$159K	<0.01%	+400	Timeline
EWAISHARES INC	5,900	$159K	<0.01%	+1,470	Timeline
INFQ/WSCHURCHILL CAPITAL CORP X	45,000	$159K	<0.01%	new	Timeline
GTENWGORES HLDGS X INC	200,000	$152K	<0.01%	new	Timeline
TACHWTITAN ACQUISITION CORP	500,000	$150K	<0.01%	0	Timeline
CRAQRCAL REDWOOD ACQUISITION CORP	650,000	$144K	<0.01%	new	Timeline
NPACWNEW PROVIDENCE ACQUISITION C	333,333	$143K	<0.01%	new	Timeline
IYWISHARES TR	700	$137K	<0.01%	+100	Timeline
RMBSRAMBUS INC DEL	1,285	$134K	<0.01%	new	Timeline
FERARFIFTH ERA ACQUISITION CORP I	500,000	$133K	<0.01%	0	Timeline
GDXVANECK ETF TRUST	1,700	$130K	<0.01%	-200	Timeline
LPBBWLAUNCH TWO ACQUISITION CORP.	350,000	$130K	<0.01%	0	Timeline
LOKVWLIVE OAK ACQUISITION CORP V	250,000	$122K	<0.01%	0	Timeline
FIGXWFIGX CAP ACQUISITION CORP.	500,000	$119K	<0.01%	new	Timeline
HCMAWHCM III ACQUISITION CORP	166,665	$118K	<0.01%	new	Timeline
ARTIUS II ACQUISITION INCARTIUS II ACQUISITION INC	500,000	$116K	<0.01%	0
IYFISHARES TR	900	$114K	<0.01%	-200	Timeline
SDHIRSIDDHI ACQUISITION CORP	500,000	$110K	<0.01%	new	Timeline
POLEWANDRETTI ACQUISITION CORP II	550,000	$109K	<0.01%	0	Timeline
JACS-RJACKSON ACQUISITION CO II	400,000	$103K	<0.01%	0	Timeline
JENA-RJENA ACQUISITION CORP II	500,000	$100K	<0.01%	new	Timeline
ISLWFISRAEL ACQUISITIONS CORP WT EX	550,000	$100K	<0.01%	0	Timeline
PMTRWPERIMETER ACQUISITION CORP I	162,500	$97K	<0.01%	new	Timeline
XSDSPDR SERIES TRUST	300	$96K	<0.01%	new	Timeline
XRPNWARMADA ACQUISITION CORP II	100,000	$95K	<0.01%	new	Timeline
SOUL-RSOULPOWER ACQUISITION CORP	500,000	$95K	<0.01%	new	Timeline
SZZLRSIZZLE ACQUISITION CORP. II	500,000	$90K	<0.01%	new	Timeline
SILVERBOX CORP IVSILVERBOX CORP IV	203,326	$89K	<0.01%	-87,900
PAII/WSPYROPHYTE ACQUISITION CORP.	250,000	$87K	<0.01%	new	Timeline
REMXVANECK ETF TRUST	1,300	$86K	<0.01%	+300	Timeline
OBAWWOXLEY BRIDGE ACQ LTD	500,000	$85K	<0.01%	new	Timeline
DAAQWDIGITAL ASSET ACQUISITION CO	125,000	$85K	<0.01%	0	Timeline
LQDALIQUIDIA CORPORATION	3,630	$82K	<0.01%	new	Timeline
CRD-ACRAWFORD & CO	7,668	$82K	<0.01%	new	Timeline
MOOVANECK ETF TRUST	1,100	$81K	<0.01%	+600	Timeline
EVAC/WSEQV VENTURES AC CORP. II	333,332	$80K	<0.01%	new	Timeline
DYNCWDYNAMIX CORP	37,500	$79K	<0.01%	-25,000	Timeline
KDKRWKODIAK AI INC.	73,880	$78K	<0.01%	new	Timeline
NTWOWNEWBURY STR II ACQUISITION C	312,500	$78K	<0.01%	0	Timeline
KWEBKRANESHARES TRUST	1,800	$76K	<0.01%	new	Timeline
KOYNWCSLM DIGITA ASSET ACQ CORP I	175,000	$76K	<0.01%	new	Timeline
SPKLWSPARK I ACQUISITION CORP	125,000	$75K	<0.01%	0	Timeline
LEGATO MERGER CORP IIILEGATO MERGER CORP III	200,000	$75K	<0.01%	0
LITGLOBAL X FDS	1,300	$74K	<0.01%	+400	Timeline
TEAMATLASSIAN CORPORATION	460	$73K	<0.01%	new	Timeline
WENNWWEN ACQUISITION CORP	125,000	$72K	<0.01%	new	Timeline
WLACWWILLOW LANE ACQUISITION CORP	25,000	$70K	<0.01%	-225,000	Timeline
HVIIRHENNESSY CAP INVT CORP VII	250,000	$68K	<0.01%	0	Timeline
BACQRINFLECTION PT ACQUISITION CORP	100,000	$68K	<0.01%	-100,000	Timeline
RACWSRITHM ACQUISITION CORP	99,999	$64K	<0.01%	0	Timeline
DBAINVESCO DB MULTI-SECTOR COMM	2,170	$58K	<0.01%	0	Timeline
RAAQWREAL ASSET ACQUISITION CORP	125,000	$57K	<0.01%	0	Timeline
CCAQWCOLLECTIVE ACQUISITION CORP	262,500	$56K	<0.01%	new	Timeline
NHICWNEWHOLD INVT CORP III	150,000	$55K	<0.01%	0	Timeline
PACHWPIONEER ACQUISITION I CORP	250,000	$55K	<0.01%	new	Timeline
ZZILLOW GROUP INC	686	$53K	<0.01%	0	Timeline
TVAIRTHAYER VENTURES ACQ CORP II	300,000	$51K	<0.01%	new	Timeline
URAGLOBAL X FDS	1,000	$48K	<0.01%	0	Timeline
ATIIWARCHIMEDES TECH SPAC PARTNER	125,000	$47K	<0.01%	0	Timeline
DRDBWROMAN DBDR ACQUISITION CORP	87,500	$46K	<0.01%	0	Timeline
MCHPMICROCHIP TECHNOLOGY INC.	700	$45K	<0.01%	new	Timeline
HAYMAKER ACQUISITION CORP IVHAYMAKER ACQUISITION CORP IV	100,000	$45K	<0.01%	0
ALCWFALCHEMY INVTS ACQUISITN CORP	300,000	$44K	<0.01%	0	Timeline
MSAMSA SAFETY INC	250	$43K	<0.01%	new	Timeline
FACTWFACT II ACQUISITION CORP	150,000	$42K	<0.01%	0	Timeline
BACCRBLUE ACQUISITION CORP.	250,000	$41K	<0.01%	new	Timeline
MLACRMOUNTAIN LAKE ACQUISITION CO	250,000	$39K	<0.01%	0	Timeline
RAMPLIVERAMP HLDGS INC	1,400	$38K	<0.01%	new	Timeline
GSHRWGESHER ACQUISITION CORP. II	112,500	$37K	<0.01%	0	Timeline
TDACWTRANSLATIONAL DEV ACQUISITIO	125,000	$36K	<0.01%	0	Timeline
SVCCWSTELLAR V CAP CORP	100,000	$35K	<0.01%	0	Timeline
BLUWWBLUE WTR ACQUISITION CORP. I	250,000	$35K	<0.01%	new	Timeline
MCGAWYORKVILLE ACQUISITION CORP.	28,332	$34K	<0.01%	new	Timeline
KFIIRK&F GROWTH ACQUISITION CORP	250,000	$34K	<0.01%	0	Timeline
PCAPWPROCAP ACQUISITION CORP	49,998	$32K	<0.01%	new	Timeline
ICLNISHARES TR	2,000	$31K	<0.01%	0	Timeline
ITAISHARES TR	150	$31K	<0.01%	0	Timeline
CHACRCRANE HARBOR ACQUISITION-RTS	100,000	$31K	<0.01%	new	Timeline
ZSZSCALER INC	100	$30K	<0.01%	new	Timeline
PRMBPRIMO BRANDS CORPORATION	1,303	$29K	<0.01%	0	Timeline
ZOOZWZOOZ STRATEGY LTD	162,500	$29K	<0.01%	0	Timeline
VACHWVOYAGER ACQUISITION CORP	175,000	$29K	<0.01%	0	Timeline
AXINRAXIOM INTELLIGENCE AC CORP 1	175,000	$28K	<0.01%	new	Timeline
BOWEN ACQUISITION CORPBOWEN ACQUISITION CORP	125,000	$28K	<0.01%	0
RTACWRENATUS TACTICAL ACQUIS	22,500	$27K	<0.01%	new	Timeline
INODINNODATA INC	340	$26K	<0.01%	0	Timeline
MELAR ACQUISITION CORP. IMELAR ACQUISITION CORP. I	162,088	$26K	<0.01%	-412
BEAGRBOLD EAGLE ACQUISITION CORP	100,000	$26K	<0.01%	0	Timeline
XARSPDR SERIES TRUST	100	$23K	<0.01%	0	Timeline
PPAINVESCO EXCHANGE TRADED FD T	150	$23K	<0.01%	0	Timeline
XLISELECT SECTOR SPDR TR	150	$23K	<0.01%	0	Timeline
TANINVESCO EXCH TRADED FD TR II	500	$22K	<0.01%	0	Timeline
ONCHW1RT ACQUISITION CORP.	25,000	$22K	<0.01%	new	Timeline
PLMKWPLUM ACQUISITION CORP IV	75,000	$21K	<0.01%	0	Timeline
KRBNKRANESHARES TRUST	600	$20K	<0.01%	0	Timeline
FANFIRST TR EXCHANGE-TRADED FD	1,000	$19K	<0.01%	0	Timeline
CCIIWCOHEN CIRCLE ACQUISIT CORP I	25,000	$19K	<0.01%	new	Timeline
LWACWLIGHTWAVE ACQUISITION CORP	100,000	$18K	<0.01%	new	Timeline
GLXYGALAXY DIGITAL INC.	500	$17K	<0.01%	-11,500	Timeline
NABORS ENERGY TRANSITION CORNABORS ENERGY TRANSITION COR	50,000	$13K	<0.01%	0
AMODWALPHA MODUS HLDGS INC	150,000	$12K	<0.01%	0	Timeline
OACCWOAKTREE ACQUISITION CORP III	15,000	$11K	<0.01%	0	Timeline
EGHAREGH ACQUISITION CORP.	40,000	$9K	<0.01%	new	Timeline
ZEOWWZEO ENERGY CORP	175,000	$9K	<0.01%	0	Timeline
PINSPINTEREST INC	238	$8K	<0.01%	-296,831	Timeline
OPENOPENDOOR TECHNOLOGIES INC	1,000	$8K	<0.01%	new	Timeline
RFAIRRF ACQUISITION CORP II	100,000	$8K	<0.01%	0	Timeline
SCAGWSCAGE FUTURE	150,000	$8K	<0.01%	0	Timeline
BDMDWBAIRD MED INVT HLDGS LTD	96,794	$6K	<0.01%	0	Timeline
OPTXWSYNTEC OPTICS HLDGS INC	75,000	$6K	<0.01%	0	Timeline
BRLSWBOREALIS FOODS INC	75,000	$6K	<0.01%	0	Timeline
RDZNWROADZEN INC	75,000	$5K	<0.01%	0	Timeline
TYLTYLER TECHNOLOGIES INC	7	$4K	<0.01%	new	Timeline
AGXARGAN INC	13	$4K	<0.01%	-6,246	Timeline
SGHCSUPER GROUP SGHC LIMITED	321	$4K	<0.01%	0	Timeline
TVGNWTEVOGEN INC	75,000	$4K	<0.01%	0	Timeline
IDCCINTERDIGITAL INC	8	$3K	<0.01%	0	Timeline
TPCTUTOR PERINI CORP	48	$3K	<0.01%	0	Timeline
BTUPEABODY ENGR CORP	106	$3K	<0.01%	0	Timeline
CORTCORCEPT THERAPEUTICS INC	32	$3K	<0.01%	0	Timeline
CPTWFCAPTIVISION INC	75,000	$3K	<0.01%	0	Timeline
ABPWWABPRO HLDGS INC WT EXP 11/12/2	125,000	$3K	<0.01%	0	Timeline
CSCOCISCO SYS INC	23	$2K	<0.01%	-20,082	Timeline
RTXRTX CORPORATION	9	$2K	<0.01%	0	Timeline
CVCOCAVCO INDS INC DEL	3	$2K	<0.01%	0	Timeline
PTGXPROTAGONIST THERAPEUTICS INC	25	$2K	<0.01%	0	Timeline
LAURLAUREATE ED INC	74	$2K	<0.01%	-59,966	Timeline
PEGAPEGASYSTEMS INC	34	$2K	<0.01%	-6,238	Timeline
EMEEMCOR GROUP INC	3	$2K	<0.01%	0	Timeline
EXELEXELIXIS INC	43	$2K	<0.01%	-16,198	Timeline
GVAGRANITE CONSTR INC	15	$2K	<0.01%	-6,706	Timeline
LHXL3HARRIS TECHNOLOGIES INC	5	$2K	<0.01%	0	Timeline
FTITECHNIPFMC PLC	47	$2K	<0.01%	0	Timeline
SANMSANMINA CORP	17	$2K	<0.01%	0	Timeline
PSMTPRICESMART INC	13	$2K	<0.01%	0	Timeline
FOXAFOX CORP	29	$2K	<0.01%	-10,918	Timeline
FNFABRINET	5	$2K	<0.01%	0	Timeline
TWLOTWILIO INC	19	$2K	<0.01%	-194,404	Timeline
INCYINCYTE CORP	18	$2K	<0.01%	0	Timeline
ETRENTERGY CORP NEW	18	$2K	<0.01%	0	Timeline
GHCGRAHAM HLDGS CO	2	$2K	<0.01%	0	Timeline
CORCENCORA INC	5	$2K	<0.01%	0	Timeline
SKYWSKYWEST INC	15	$2K	<0.01%	0	Timeline
CBRECBRE GROUP INC	10	$2K	<0.01%	0	Timeline
CVLTCOMMVAULT SYS INC	8	$2K	<0.01%	-1,845	Timeline
EXPEEXPEDIA GROUP INC	9	$2K	<0.01%	-1,475	Timeline
PBIPITNEY BOWES INC	169	$2K	<0.01%	-125,732	Timeline
RRYDER SYS INC	8	$2K	<0.01%	0	Timeline
LOPEGRAND CANYON ED INC	8	$2K	<0.01%	-7,132	Timeline
STTSTATE STR CORP	14	$2K	<0.01%	0	Timeline
OSKOSHKOSH CORP	12	$2K	<0.01%	0	Timeline
FIXCOMFORT SYS USA INC	3	$2K	<0.01%	0	Timeline
JHXJAMES HARDIE INDS PLC	112	$2K	<0.01%	new	Timeline
POWLPOWELL INDS INC	7	$2K	<0.01%	0	Timeline
TILEINTERFACE INC	62	$2K	<0.01%	0	Timeline
WTWISDOMTREE INC	120	$2K	<0.01%	0	Timeline
ANIPANI PHARMACEUTICALS INC	20	$2K	<0.01%	0	Timeline
DORMDORMAN PRODS INC	10	$2K	<0.01%	0	Timeline
LGNDLIGAND PHARMACEUTICALS INC	11	$2K	<0.01%	0	Timeline
ADEAADEIA INC	98	$2K	<0.01%	0	Timeline
CVSACOVISTA INC	16	$2K	<0.01%	0	Timeline
ENVAENOVA INTL INC	15	$2K	<0.01%	-17,459	Timeline
SNEXSTONEX GROUP INC	21	$2K	<0.01%	0	Timeline
SUPNSUPERNUS PHARMACEUTICALS	36	$2K	<0.01%	0	Timeline
MCYMERCURY GENL CORP NEW	19	$2K	<0.01%	0	Timeline
MCRIMONARCH CASINO & RESORT INC	15	$2K	<0.01%	0	Timeline
PREMIER INCPREMIER INC	57	$2K	<0.01%	0
ACNACCENTURE PLC IRELAND	3	$1K	<0.01%	0	Timeline
BMYBRISTOL-MYERS SQUIBB CO	23	$1K	<0.01%	0	Timeline
CITHE CIGNA GROUP	3	$1K	<0.01%	0	Timeline
DUKDUKE ENERGY CORP NEW	10	$1K	<0.01%	0	Timeline
ELVELEVANCE HEALTH INC FORMERLY	2	$1K	<0.01%	0	Timeline
FISVFISERV INC	6	$1K	<0.01%	0	Timeline
HCAHCA HEALTHCARE INC	3	$1K	<0.01%	0	Timeline
JNJJOHNSON & JOHNSON	7	$1K	<0.01%	0	Timeline
LMTLOCKHEED MARTIN CORP	2	$1K	<0.01%	0	Timeline
XOMEXXON MOBIL CORP	10	$1K	<0.01%	0	Timeline
XELXCEL ENERGY INC	18	$1K	<0.01%	0	Timeline
CAGCONAGRA BRANDS INC	35	$1K	<0.01%	0	Timeline
KBHKB HOME	14	$1K	<0.01%	0	Timeline
PYPLPAYPAL HLDGS INC	16	$1K	<0.01%	0	Timeline
OTTROTTER TAIL CORP	15	$1K	<0.01%	0	Timeline
PLXSPLEXUS CORP	9	$1K	<0.01%	0	Timeline
ACIWACI WORLDWIDE INC	24	$1K	<0.01%	0	Timeline
AVTAVNET INC	23	$1K	<0.01%	0	Timeline
NHINATIONAL HEALTH INVS INC	13	$1K	<0.01%	-8,273	Timeline
NWBINORTHWEST BANCSHARES INC	86	$1K	<0.01%	0	Timeline
CTSHCOGNIZANT TECHNOLOGY SOLUTIO	15	$1K	<0.01%	0	Timeline
CACICACI INTL INC	2	$1K	<0.01%	0	Timeline
SNASNAP ON INC	4	$1K	<0.01%	-1,871	Timeline
PHMPULTE GROUP INC	8	$1K	<0.01%	0	Timeline
EXLSEXLSERVICE HLDGS INC	31	$1K	<0.01%	0	Timeline
JAZZJAZZ PHARMACEUTICALS PLC	11	$1K	<0.01%	0	Timeline
DMCDEL MONTE CORP	39	$1K	<0.01%	0	Timeline
AEOAMERICAN EAGLE OUTFITTERS IN	58	$1K	<0.01%	0	Timeline
VSXYVICTORIAS SECRET AND CO	51	$1K	<0.01%	0	Timeline
NOGNORTHERN OIL & GAS INC	33	$1K	<0.01%	0	Timeline
PRGSPROGRESS SOFTWARE CORP	20	$1K	<0.01%	0	Timeline
CRGYCRESCENT ENERGY COMPANY	108	$1K	<0.01%	0	Timeline
UBSIUNITED BANKSHARES INC WEST V	31	$1K	<0.01%	0	Timeline
MATXMATSON INC	9	$1K	<0.01%	-612	Timeline
PKGPACKAGING CORP AMER	5	$1K	<0.01%	0	Timeline
TOLTOLL BROTHERS INC	8	$1K	<0.01%	0	Timeline
RUSHARUSH ENTERPRISES INC	23	$1K	<0.01%	-12,082	Timeline
CMCCOMMERCIAL METALS CO	23	$1K	<0.01%	0	Timeline
CFCF INDUSTRIES HOLD	14	$1K	<0.01%	0	Timeline
OMCOMNICOM GROUP INC	11	$1K	<0.01%	0	Timeline
EOGEOG RES INC	10	$1K	<0.01%	0	Timeline
KFYKORN FERRY	16	$1K	<0.01%	0	Timeline
NWNNORTHWEST NAT HLDG CO	29	$1K	<0.01%	0	Timeline
SMSM ENERGY COMPANY	29	$1K	<0.01%	0	Timeline
JJACOBS SOLUTIONS INC	8	$1K	<0.01%	0	Timeline
TMHCTAYLOR MORRISON HOME CORP	17	$1K	<0.01%	0	Timeline
GDGENERAL DYNAMICS CORP	4	$1K	<0.01%	0	Timeline
DGXQUEST DIAGNOSTICS INC	7	$1K	<0.01%	0	Timeline
AYIACUITY INC	4	$1K	<0.01%	0	Timeline
CSLCARLISLE COS INC	3	$1K	<0.01%	0	Timeline
EGEVEREST GROUP LTD	3	$1K	<0.01%	0	Timeline
ACGLARCH CAP GROUP LTD	10	$1K	<0.01%	0	Timeline
ZMZOOM COMMUNICATIONS INC	17	$1K	<0.01%	0	Timeline
LYBLYONDELLBASELL INDUSTRIES NV	12	$1K	<0.01%	0	Timeline
SRCE1ST SOURCE CORP	19	$1K	<0.01%	0	Timeline
SBRASABRA HEALTH CARE REIT INC	61	$1K	<0.01%	-34,317	Timeline
INMDINMODE LTD	67	$1K	<0.01%	0	Timeline
AATAMERICAN ASSETS TR INC	43	$1K	<0.01%	0	Timeline
LDOSLEIDOS HOLDINGS INC	7	$1K	<0.01%	0	Timeline
PGNYPROGYNY INC	48	$1K	<0.01%	0	Timeline
HALOHALOZYME THERAPEUTICS INC	19	$1K	<0.01%	0	Timeline
HIIHUNTINGTON INGALLS INDS INC	4	$1K	<0.01%	0	Timeline
GPIGROUP 1 AUTOMOTIVE INC	3	$1K	<0.01%	0	Timeline
AEPAMERICAN ELEC PWR CO INC	11	$1K	<0.01%	-4,771	Timeline
EIXEDISON INTL	13	$1K	<0.01%	-9,241	Timeline
BNLBROADSTONE NET LEASE INC	61	$1K	<0.01%	0	Timeline
STBAS & T BANCORP INC	27	$1K	<0.01%	0	Timeline
HOMBHOME BANCSHARES INC	42	$1K	<0.01%	0	Timeline
VTRSVIATRIS INC	96	$1K	<0.01%	0	Timeline
AXSAXIS CAP HLDGS LTD	15	$1K	<0.01%	0	Timeline
LTCLTC PPTYS INC	30	$1K	<0.01%	0	Timeline
NENOBLE CORP PLC	33	$1K	<0.01%	0	Timeline
OGNORGANON & CO	55	$1K	<0.01%	0	Timeline
BOXBOX INC	34	$1K	<0.01%	0	Timeline
CARGCARGURUS INC	40	$1K	<0.01%	-39,769	Timeline
FTNTFORTINET INC	15	$1K	<0.01%	-12,875	Timeline
AAGILENT TECHNOLOGIES INC	8	$1K	<0.01%	0	Timeline
NYTNEW YORK TIMES CO MTN BE	21	$1K	<0.01%	0	Timeline
BHEBENCHMARK ELECTRS INC	27	$1K	<0.01%	0	Timeline
CNCCENTENE CORP DEL	15	$1K	<0.01%	0	Timeline
UTHRUNITED THERAPEUTICS CORP DEL	3	$1K	<0.01%	0	Timeline
VCTRVICTORY CAP HLDGS INC DEL	22	$1K	<0.01%	-8,923	Timeline
EMNEASTMAN CHEM CO	11	$1K	<0.01%	0	Timeline
SSNCSS&C TECH HLDGS	15	$1K	<0.01%	0	Timeline
EPRTESSENTIAL PPTYS RLTY TR INC	35	$1K	<0.01%	0	Timeline
TXTTEXTRON INC	13	$1K	<0.01%	0	Timeline
UHSUNIVERSAL HLTH SVCS INC	5	$1K	<0.01%	0	Timeline
MURMURPHY OIL CORP	33	$1K	<0.01%	0	Timeline
ANDEANDERSONS INC	24	$1K	<0.01%	0	Timeline
CPTCAMDEN PPTY TR	9	$1K	<0.01%	0	Timeline
NTAPNETAPP INC	10	$1K	<0.01%	-6,050	Timeline
VCYTVERACYTE INC	37	$1K	<0.01%	-267,168	Timeline
ESNTESSENT GROUP LTD	18	$1K	<0.01%	-10,343	Timeline
ECGEVERUS CONSTR GROUP	11	$1K	<0.01%	0	Timeline
HOSHORNBECK OFFSHORE SERVICES I	119	$1K	<0.01%	0	Timeline
RDNRADIAN GROUP INC	33	$1K	<0.01%	0	Timeline
TGTTARGET CORP	8	$1K	<0.01%	0	Timeline
GTYGETTY RLTY CORP NEW	35	$1K	<0.01%	0	Timeline
HNIHNI CORP	22	$1K	<0.01%	0	Timeline
PCARPACCAR INC	12	$1K	<0.01%	0	Timeline
MMM3M CO	9	$1K	<0.01%	0	Timeline
BBYBEST BUY INC	12	$1K	<0.01%	-2,074	Timeline
JLLJONES LANG LASALLE INC	4	$1K	<0.01%	0	Timeline
NXQUANEX BLDG PRODS CORP	42	$1K	<0.01%	0	Timeline
CTRECARETRUST REIT INC	37	$1K	<0.01%	0	Timeline
TXRHTEXAS ROADHOUSE INC	7	$1K	<0.01%	0	Timeline
TAPMOLSON COORS BEVERAGE CO	21	$1K	<0.01%	0	Timeline
DLBDOLBY LABORATORIES INC	16	$1K	<0.01%	0	Timeline
HIWHIGHWOODS PPTYS INC	35	$1K	<0.01%	-20,197	Timeline
ANFABERCROMBIE & FITCH CO	8	$1K	<0.01%	0	Timeline
CROXCROCS INC	9	$1K	<0.01%	0	Timeline
DOLEDOLE PLC	71	$1K	<0.01%	0	Timeline
NMIHNMI HLDGS INC	28	$1K	<0.01%	-33,192	Timeline
DOXAMDOCS LTD	13	$1K	<0.01%	0	Timeline
HOLXHOLOGIC INC	14	$1K	<0.01%	0	Timeline
ILMNILLUMINA INC	9	$1K	<0.01%	-2,256	Timeline
FLSFLOWSERVE CORP	24	$1K	<0.01%	0	Timeline
FLRFLUOR CORP	25	$1K	<0.01%	0	Timeline
NTCTNETSCOUT SYS INC	58	$1K	<0.01%	0	Timeline
NBIXNEUROCRINE BIOSCIENCES INC	9	$1K	<0.01%	0	Timeline
AMRXAMNEAL PHARMACEUTICALS INC	133	$1K	<0.01%	0	Timeline
APOGAPOGEE ENTERPRISES INC	18	$1K	<0.01%	0	Timeline
FFBC1ST FINL BANCORP	46	$1K	<0.01%	0	Timeline
ABMABM INDS INC	23	$1K	<0.01%	0	Timeline
ALKSALKERMES PLC	42	$1K	<0.01%	0	Timeline
ALSNALLISON TRANSMISSION HLDGS I	13	$1K	<0.01%	-5,795	Timeline
AMRALPHA METALLURGICAL RESOUR I	6	$1K	<0.01%	0	Timeline
CDNACAREDX INC	38	$1K	<0.01%	0	Timeline
CMPRCIMPRESS PLC	14	$1K	<0.01%	0	Timeline
CNACNA FINL CORP	23	$1K	<0.01%	-12,520	Timeline
DRHDIAMONDROCK HOSPITALITY CO	133	$1K	<0.01%	-78,516	Timeline
BCCBOISE CASCADE CO DEL	9	$1K	<0.01%	0	Timeline
BFHBREAD FINANCIAL HOLDINGS INC	24	$1K	<0.01%	-3,176	Timeline
CBTCABOT CORP	11	$1K	<0.01%	0	Timeline
CNXNPC CONNECTION INC	16	$1K	<0.01%	0	Timeline
OIIOCEANEERING INTL INC	49	$1K	<0.01%	0	Timeline
ROCKGIBRALTAR INDS INC	17	$1K	<0.01%	0	Timeline
LPGDORIAN LPG LTD	32	$1K	<0.01%	0	Timeline
NMRKNEWMARK GROUP INC	76	$1K	<0.01%	0	Timeline
LMATLEMAITRE VASCULAR INC	13	$1K	<0.01%	0	Timeline
LBRTLIBERTY ENERGY INC	59	$1K	<0.01%	0	Timeline
RPRXROYALTY PHARMA PLC	41	$1K	<0.01%	0	Timeline
WTTRSELECT WATER SOLUTIONS INC	107	$1K	<0.01%	0	Timeline
SPNTSIRIUSPOINT LTD	81	$1K	<0.01%	0	Timeline
SONSONOCO PRODS CO	21	$1K	<0.01%	0	Timeline
AHCOADAPTHEALTH CORP	104	$1K	<0.01%	0	Timeline
ADUSADDUS HOMECARE CORP	9	$1K	<0.01%	0	Timeline
ABCBAMERIS BANCORP	19	$1K	<0.01%	0	Timeline
COLLCOLLEGIUM PHARMACEUTICAL INC	31	$1K	<0.01%	0	Timeline
COLBCOLUMBIA BKG SYS INC	48	$1K	<0.01%	-15,600	Timeline
CBSHCOMMERCE BANCSHARES INC	18	$1K	<0.01%	0	Timeline
CBUCOMMUNITY FINANCIAL SYSTEM I	20	$1K	<0.01%	0	Timeline
CNXCCONCENTRIX CORP	17	$1K	<0.01%	0	Timeline
CNRCORE NATURAL RESOURCES INC	12	$1K	<0.01%	0	Timeline
BANRBANNER CORP	20	$1K	<0.01%	0	Timeline
CRAICRA INTL INC	7	$1K	<0.01%	0	Timeline
ENSGENSIGN GROUP INC	7	$1K	<0.01%	0	Timeline
KEXKIRBY CORP	10	$1K	<0.01%	0	Timeline
KLICKULICKE & SOFFA INDS INC	29	$1K	<0.01%	-5,486	Timeline
STEPSTEPSTONE GROUP INC	22	$1K	<0.01%	0	Timeline
PORPORTLAND GEN ELEC CO	24	$1K	<0.01%	0	Timeline
PBHPRESTIGE CONSMR HEALTHCARE I	15	$1K	<0.01%	0	Timeline
PRVAPRIVIA HEALTH GROUP INC	60	$1K	<0.01%	0	Timeline
FBPFIRST BANCORP CORPORATION	56	$1K	<0.01%	0	Timeline
HWCHANCOCK WHITNEY CORPORATION	23	$1K	<0.01%	0	Timeline
HRMYHARMONY BIOSCIENCES HLDGS IN	30	$1K	<0.01%	0	Timeline
UMHUMH PPTYS INC	56	$1K	<0.01%	0	Timeline
UNITUNITI GROUP LLC	129	$1K	<0.01%	new	Timeline
WLKWESTLAKE CORPORATION	8	$1K	<0.01%	0	Timeline
VIRTVIRTU FINL INC	36	$1K	<0.01%	-32,792	Timeline
MHOM/I HOMES INC	7	$1K	<0.01%	0	Timeline
MGYMAGNOLIA OIL & GAS CORP	48	$1K	<0.01%	0	Timeline
WKCWORLD KINECT CORPORATION	40	$1K	<0.01%	0	Timeline
WORWORTHINGTON ENTERPRISES INC	25	$1K	<0.01%	0	Timeline
MATMATTEL INC	61	$1K	<0.01%	-6,980	Timeline
MMSMAXIMUS INC	13	$1K	<0.01%	0	Timeline
MHKMOHAWK INDS INC	7	$1K	<0.01%	0	Timeline
HCCWARRIOR MET COAL INC	21	$1K	<0.01%	0	Timeline
VCELVERICEL CORP	25	$1K	<0.01%	0	Timeline
CPRXCATALYST PHARMACEUTICALS INC	55	$1K	<0.01%	0	Timeline
SCSSTEELCASE INC-CLASS A	84	$1K	<0.01%	0	Timeline
SLVMSYLVAMO CORP	15	$1K	<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).

Security	Type	Amount	Value	Change
ISHARES TRISHARES TR CALL	call	15,000,000	$1.22B	+5,000,000
ISHARES TRISHARES TR PUT	put	15,000,000	$1.22B	+5,000,000
ISHARES TRISHARES TR Option	put	640,000	$164M	new
TESLA INCTESLA INC PUT	put	240,000	$107M	-137,000
WASTE CONNECTIONS INCWASTE CONNECTIONS INC OPTION	call	600,000	$105M	new
THOMSON REUTERS CORPTHOMSON REUTERS CORP CALL	call	500,000	$77.6M	new
SPOTIFY TECHNOLOGY S ASPOTIFY TECHNOLOGY S A CALL	call	60,000	$41.9M	new
OKLO INCOKLO INC COM CL A	put	300,000	$33.5M	-1,125,000
GE VERNOVA INCGE VERNOVA INC Option	put	50,000	$30.7M	new
COREWEAVE INCCOREWEAVE INC CALL	call	200,000	$27.4M	new
OPENDOOR TECHNOLOGIES INCOPENDOOR TECHNOLOGIES INC COM	put	3,400,000	$27.1M	new
TECK RESOURCES LTDTECK RESOURCES LTD CL B	call	600,000	$26.3M	new
KELLOGG COKELLOGG CO COM	put	300,000	$24.6M	0
HUBSPOT INCHUBSPOT INC COM	put	50,000	$23.4M	+30,000
ROCKET COS INCROCKET COS INC CALL	call	1,000,000	$19.4M	0
REINSURANCE GROUP AMER INCREINSURANCE GROUP AMER INC Cmn	call	100,000	$19.2M	new
CONFLUENT INCCONFLUENT INC CALL	call	750,000	$14.8M	new
SYNOPSYS INCSYNOPSYS INC CALL	call	29,500	$14.6M	new
DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC COM	call	400,000	$13.7M	new
BELLRING BRANDS INCBELLRING BRANDS INC COMMON STOCK	call	360,000	$13.1M	-240,000
ADMA BIOLOGICS INCADMA BIOLOGICS INC COM	call	780,000	$11.4M	new
LEMONADE INCLEMONADE INC PUT	put	200,000	$10.7M	new
LIQUIDIA CORPORATIONLIQUIDIA CORPORATION PUT	put	3,500	$80K	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
LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1	principal	10,000,000	$16.2M	new
GRANITE CONSTR INCGRANITE CONSTR INC NOTE 3.750% 5/1	principal	4,000,000	$9.64M	new
DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV	principal	10,000,000	$9.45M	new
ANI PHARMACEUTICALS INCANI PHARMACEUTICALS INC NOTE 2.250% 9/0	principal	4,000,000	$5.63M	new
MKS INC.MKS INC. NOTE 1.250% 6/0	principal	2,000,000	$2.19M	new

Sold out in Q3 2025

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

The largest 100 of 210. All 210

Security	Shares before	Value before	Type
ISHARES TRISHARES TR	1,234,000	$266M	call
SLFSUN LIFE FINANCIAL INC.	1,322,756	$87.7M	shares
UNITEDHEALTH GROUP INCUNITEDHEALTH GROUP INC	234,000	$73M	call
COREWEAVE INCCOREWEAVE INC	332,100	$54.2M	put
DATADOG INCDATADOG INC	350,000	$47M	call
BROOKFIELD ASSET MANAGMT LTDBROOKFIELD ASSET MANAGMT LTD	800,000	$44.1M	call
STRATEGY INCSTRATEGY INC	100,000	$40.4M	put
HIMS & HERS HEALTH INCHIMS & HERS HEALTH INC	800,000	$39.9M	put
MAPLEBEAR INCMAPLEBEAR INC	800,000	$36.2M	put
DUN & BRADSTREET HLDGS INCDUN & BRADSTREET HLDGS INC	3,866,832	$35.1M	shares
DOORDASH INCDOORDASH INC	136,000	$33.5M	call
AZEK CO INCAZEK CO INC	582,100	$31.6M	shares
SKXSKECHERS U S A INC	480,017	$30.3M	shares
MARVELL TECHNOLOGY INCMARVELL TECHNOLOGY INC	390,000	$30.2M	call
METMETLIFE INC	350,484	$28.2M	shares
ISHARES TRISHARES TR	125,000	$27M	put
EWGISHARES INC	637,361	$27M	shares
HESS CORPHESS CORP	185,000	$25.6M	shares
BLUEPRINT MEDICINES CORPBLUEPRINT MEDICINES CORP	170,000	$21.8M	shares
CARTESIAN GROWTH CORP IIICARTESIAN GROWTH CORP III	2,000,000	$20.3M	shares
PNFPPINNACLE FINANCIAL PARTNERS	183,086	$20.2M	shares
ENSTAR GROUP LIMITEDENSTAR GROUP LIMITED	60,134	$20.2M	shares
UNMUNUM GROUP	249,885	$20.2M	shares
DDOGDATADOG INC	133,943	$18M	shares
MTBM & T BK CORP	91,631	$17.8M	shares
SNPSSYNOPSYS INC	32,128	$16.5M	shares
ARES ACQUISITION CORP IIARES ACQUISITION CORP II	1,384,000	$15.7M	shares
ITGARTNER INC	35,170	$14.2M	shares
CMECME GROUP INC	50,519	$13.9M	shares
FICOFAIR ISAAC CORP	7,197	$13.2M	shares
MAG SILVER CORPMAG SILVER CORP	605,054	$12.8M	shares
DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC	12,000,000	$11.2M	shares
QCOMQUALCOMM INC	70,529	$11.2M	shares
ROPROPER TECHNOLOGIES INC	19,264	$10.9M	shares
AES CORPAES CORP	1,000,000	$10.5M	call
OYSEUOYSTER ENTERPRISES II ACQUIS	1,000,000	$10.1M	shares
FIGXUFIGX CAP ACQUISITION CORP.	1,000,000	$10M	shares
OBAWUOXLEY BRIDGE ACQ LTD	1,000,000	$10M	shares
NABORS ENERGY TRANSITION CORNABORS ENERGY TRANSITION COR	900,000	$9.99M	shares
SAPSAP SE	31,130	$9.47M	shares
MUMICRON TECHNOLOGY INC	72,406	$8.92M	shares
ATSATS CORPORATION	279,805	$8.89M	shares
PNCPNC FINL SVCS GROUP INC	46,559	$8.68M	shares
TTDTHE TRADE DESK INC	118,786	$8.55M	shares
GTENUGORES HLDGS X INC	800,000	$8.31M	shares
SPRINGWORKS THERAPEUTICS INCSPRINGWORKS THERAPEUTICS INC	175,000	$8.22M	shares
IPCXUINFLECTION PT ACQUISITION CO	750,000	$7.88M	shares
IAMGOLD CORPIAMGOLD CORP	1,000,000	$7.34M	call
EVERI HLDGS INCEVERI HLDGS INC	499,700	$7.12M	shares
CELHCELSIUS HLDGS INC	151,177	$7.01M	shares
JUNIPER NETWORKS INCJUNIPER NETWORKS INC	174,900	$6.98M	shares
MRVLMARVELL TECHNOLOGY INC	87,360	$6.76M	shares
CRAQUCAL REDWOOD ACQUISITION CORP	650,000	$6.67M	shares
BJBJS WHSL CLUB HLDGS INC	58,912	$6.35M	shares
INTCINTEL CORP	274,616	$6.15M	shares
ALLYALLY FINL INC	149,729	$5.83M	shares
APPLIED DIGITAL CORPAPPLIED DIGITAL CORP	550,000	$5.54M	put
KVUEKENVUE INC	262,294	$5.49M	shares
RDAGUREPUBLIC DIGITAL ACQUISITION	500,000	$5.35M	shares
SITIO ROYALTIES CORPSITIO ROYALTIES CORP	287,058	$5.28M	shares
SDHIUSIDDHI ACQUISITION CORP	500,000	$5.16M	shares
CHURCHILL CAP CORP XCHURCHILL CAP CORP X	500,000	$5.15M	shares
JENAUJENA ACQUISITION CORP II	500,000	$5.14M	shares
SZZLUSIZZLE ACQUISITION CORP. II	500,000	$5.14M	shares
WLACWILLOW LANE ACQUISITION CORP	500,000	$5.12M	shares
SOULUSOULPOWER ACQUISITION CORP	500,000	$5.08M	shares
BLUWUBLUE WTR ACQUISITION CORP. I	500,000	$5M	shares
PACHUPIONEER ACQUISITION I CORP	500,000	$5M	shares
COHRCOHERENT CORP	52,020	$4.64M	shares
PGRPROGRESSIVE CORP	15,580	$4.16M	shares
JUNIPER NETWORKS INCJUNIPER NETWORKS INC	100,000	$3.99M	put
COSTCOSTCO WHOLESALE CORPORATION	3,614	$3.58M	shares
CCAQUCOLLECTIVE ACQUISITION CORP	350,000	$3.57M	shares
RVLVREVOLVE GROUP INC	177,767	$3.56M	shares
ABNBAIRBNB INC	26,048	$3.45M	shares
PMTRUPERIMETER ACQUISITION CORP I	325,000	$3.43M	shares
ORLAORLA MNG LTD NEW	329,364	$3.29M	shares
E2OPEN PARENT HOLDINGS INCE2OPEN PARENT HOLDINGS INC	1,000,000	$3.23M	shares
TVAIUTHAYER VENTURES ACQ CORP II	300,000	$3.05M	shares
D-WAVE QUANTUM INCD-WAVE QUANTUM INC	200,000	$2.93M	put
GSR III ACQUISITION CORPGSR III ACQUISITION CORP	250,000	$2.7M	shares
WENNUWEN ACQUISITION CORP	250,000	$2.64M	shares
BACCUBLUE ACQUISITION CORP.	250,000	$2.51M	shares
PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP	2,000,000	$2.32M	shares
WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INC	200,000	$2.3M	shares
BYDBOYD GAMING CORP	28,722	$2.25M	shares
HYACHAYMAKER ACQUISITION CORP IV	200,000	$2.22M	shares
CINEMARK HLDGS INCCINEMARK HLDGS INC	1,000,000	$2.12M	shares
EBAYEBAY INC.	28,260	$2.1M	shares
CHENGHE ACQUISITION II COCHENGHE ACQUISITION II CO	200,000	$2.08M	shares
XRPNUARMADA ACQUISITION CORP II	200,000	$2.04M	shares
LWACULIGHTWAVE ACQUISITION CORP	200,000	$2.01M	shares
NDAQNASDAQ INC	20,900	$1.87M	shares
DHRDANAHER CORP DEL	9,300	$1.84M	shares
MSIMOTOROLA SOLUTIONS INC	4,310	$1.81M	shares
AXINUAXIOM INTELLIGENCE AC CORP 1	175,000	$1.77M	shares
PROFPROFOUND MED CORP	254,329	$1.5M	shares
GEVGE VERNOVA INC	2,812	$1.49M	shares
MELIMERCADOLIBRE INC	546	$1.43M	shares
APHAMPHENOL CORP	14,146	$1.4M	shares

How Q3 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 0001539041-25-000062	base		2025-11-12	acceptance time not in the bulk data set	2026-10-07 03:02:25 UTC