# EDGAR Filing Document

**Accession Number:** 0001390202
**File Stem:** 0001390202-25-000003
**Filing Date:** 2025-11
**Character Count:** 26928
**Document Hash:** b0a0a72069dce15f4fa8d2893f6628dd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001390202-25-000003.hdr.sgml**: 20251117

**ACCESSION NUMBER**: 0001390202-25-000003

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251117

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251117

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Laurion Capital Management LP
- **CENTRAL INDEX KEY:** 0001390202

**ORGANIZATION NAME:**
- **EIN:** 562504425
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12437
- **FILM NUMBER:** 251488682

**BUSINESS ADDRESS:**
- **STREET 1:** 360 MADISON AVENUE
- **STREET 2:** SUITE 2000
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212-938-6325

**MAIL ADDRESS:**
- **STREET 1:** 360 MADISON AVENUE
- **STREET 2:** SUITE 2000
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Laurion Capital Management LP<br>**Address:** 360 MADISON AVENUE<br>SUITE 2000<br>NEW YORK, NY 10017

**Form 13F File Number:** 028-12437

**CRD Number (if applicable):** 000161278

**SEC File Number (if applicable):** 801-73253

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Masih Mohebbi<br>**Title:** CFO<br>**Phone:** 212-938-6300

**Signature, Place, and Date of Signing:**

/s/ Masih Mohebbi  New York, NY  11-14-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 232

**Form 13F Information Table Value Total:** $5818102529

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AARDVARK THERAPEUTICS INC | COM | 002942100 |  | 13950792 | 1049721 | SH |  | SOLE |  | 1049721 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 244274700 | 1055000 | SH | Put | SOLE |  | 1055000 | 0 | 0 |
| ACUMEN PHARMACEUTICALS INC | COM | 00509G209 |  | 1482649 | 867046 | SH |  | SOLE |  | 867046 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 1663454 | 13700 | SH | Call | SOLE |  | 13700 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 124005310 | 510100 | SH | Call | SOLE |  | 510100 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 97993610 | 403100 | SH | Put | SOLE |  | 403100 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 834889 | 3428 | SH |  | SOLE |  | 3428 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 82928775 | 340500 | SH | Call | SOLE |  | 340500 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 118462720 | 486400 | SH | Put | SOLE |  | 486400 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 966194 | 14626 | SH |  | SOLE |  | 14626 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 9198226 | 41892 | SH |  | SOLE |  | 41892 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 13020501 | 59300 | SH | Call | SOLE |  | 59300 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 43826172 | 199600 | SH | Put | SOLE |  | 199600 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 1670280 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 5724810 | 23300 | SH | Call | SOLE |  | 23300 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 14570010 | 59300 | SH | Put | SOLE |  | 59300 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 786426 | 5901 | SH |  | SOLE |  | 5901 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 119943 | 900 | SH | Call | SOLE |  | 900 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 2465495 | 18500 | SH | Put | SOLE |  | 18500 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 81532526 | 320200 | SH | Call | SOLE |  | 320200 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 168819690 | 663000 | SH | Put | SOLE |  | 663000 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 2374984 | 11600 | SH |  | SOLE |  | 11600 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 11895394 | 58100 | SH | Call | SOLE |  | 58100 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 45842852 | 63800 | SH | Call | SOLE |  | 63800 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 48501450 | 67500 | SH | Put | SOLE |  | 67500 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 1179189 | 7375 | SH |  | SOLE |  | 7375 | 0 | 0 |
| ARMOUR RESIDENTIAL REIT INC | COM SHS | 042315705 |  | 556291 | 37235 | SH |  | SOLE |  | 37235 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 1943925 | 2008 | SH |  | SOLE |  | 2008 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 4356405 | 4500 | SH | Call | SOLE |  | 4500 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 1457680 | 19000 | SH |  | SOLE |  | 19000 | 0 | 0 |
| AUTOLUS THERAPEUTICS PLC | SPON ADS | 05280R100 |  | 5406100 | 3316626 | SH |  | SOLE |  | 3316626 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 1551982 | 30083 | SH |  | SOLE |  | 30083 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 55443773 | 1074700 | SH | Call | SOLE |  | 1074700 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 23277408 | 451200 | SH | Put | SOLE |  | 451200 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 15523559 | 13315 | SH |  | SOLE |  | 13315 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 14107027 | 12100 | SH | Call | SOLE |  | 12100 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 208224382 | 178600 | SH | Put | SOLE |  | 178600 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 6531083 | 38227 | SH |  | SOLE |  | 38227 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 26174220 | 153200 | SH | Call | SOLE |  | 153200 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 6509385 | 38100 | SH | Put | SOLE |  | 38100 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 16238402 | 75237 | SH |  | SOLE |  | 75237 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 34921294 | 161800 | SH | Call | SOLE |  | 161800 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 37403339 | 173300 | SH | Put | SOLE |  | 173300 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 9275946 | 1718 | SH |  | SOLE |  | 1718 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 2159708 | 400 | SH | Call | SOLE |  | 400 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 19977299 | 3700 | SH | Put | SOLE |  | 3700 | 0 | 0 |
| BRIDGEBIO ONCOLOGY THERAPEUT | COM NEW | 107924102 |  | 12110364 | 1045800 | SH |  | SOLE |  | 1045800 | 0 | 0 |
| BRIDGEBIO PHARMA INC | COM | 10806X102 |  | 91079076 | 1753544 | SH |  | SOLE |  | 1753544 | 0 | 0 |
| BRIDGEBIO PHARMA INC | NOTE 2.250% 2/0 | 10806XAD4 |  | 18874907 | 19100000 | PRN |  | SOLE |  | 19100000 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 854100 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 388426 | 7304 | SH |  | SOLE |  | 7304 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 4914424 | 23118 | SH |  | SOLE |  | 23118 | 0 | 0 |
| CARDIFF ONCOLOGY INC | COM | 14147L108 |  | 5079696 | 2465872 | SH |  | SOLE |  | 2465872 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 358484 | 12400 | SH |  | SOLE |  | 12400 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 2891 | 100 | SH | Call | SOLE |  | 100 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 1818439 | 62900 | SH | Put | SOLE |  | 62900 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 34404288 | 91200 | SH | Call | SOLE |  | 91200 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 23087088 | 61200 | SH | Put | SOLE |  | 61200 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 9023445 | 32800 | SH | Call | SOLE |  | 32800 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 7793347 | 33166 | SH |  | SOLE |  | 33166 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 7764500 | 50000 | SH | Put | SOLE |  | 50000 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 1356209 | 34606 | SH |  | SOLE |  | 34606 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 3597642 | 91800 | SH | Call | SOLE |  | 91800 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 210802 | 1027 | SH |  | SOLE |  | 1027 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 4529404 | 66200 | SH | Call | SOLE |  | 66200 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 4064148 | 59400 | SH | Put | SOLE |  | 59400 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 8562236 | 84357 | SH |  | SOLE |  | 84357 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 16727200 | 164800 | SH | Call | SOLE |  | 164800 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 33677700 | 331800 | SH | Put | SOLE |  | 331800 | 0 | 0 |
| CLEARWATER PAPER CORP | COM | 18538R103 |  | 415200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 13159334 | 48704 | SH |  | SOLE |  | 48704 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 21633109 | 64100 | SH | Call | SOLE |  | 64100 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 32432789 | 96100 | SH | Put | SOLE |  | 96100 | 0 | 0 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 1923035 | 74710 | SH |  | SOLE |  | 74710 | 0 | 0 |
| COMMERCE BANCSHARES INC | COM | 200525103 |  | 502701 | 8412 | SH |  | SOLE |  | 8412 | 0 | 0 |
| COMPLETE SOLARIA INC | *W EXP 07/31/202 | 20460L112 |  | 3750 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 2435118 | 7400 | SH |  | SOLE |  | 7400 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 12340125 | 37500 | SH | Call | SOLE |  | 37500 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 1228639 | 8978 | SH |  | SOLE |  | 8978 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 4627900 | 38598 | SH |  | SOLE |  | 38598 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 14270058 | 29100 | SH | Call | SOLE |  | 29100 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 11308500 | 150000 | SH | Call | SOLE |  | 150000 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 9648186 | 21100 | SH | Call | SOLE |  | 21100 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 9876816 | 21600 | SH | Put | SOLE |  | 21600 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 10037316 | 70800 | SH | Call | SOLE |  | 70800 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 3007580 | 52997 | SH |  | SOLE |  | 52997 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 11350 | 200 | SH | Call | SOLE |  | 200 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 6026850 | 106200 | SH | Put | SOLE |  | 106200 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 493953 | 4314 | SH |  | SOLE |  | 4314 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 10992000 | 96000 | SH | Call | SOLE |  | 96000 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 950350 | 8300 | SH | Put | SOLE |  | 8300 | 0 | 0 |
| DNOW INC | COM | 67011P100 |  | 297451 | 19505 | SH |  | SOLE |  | 19505 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 6117000 | 100000 | SH | Call | SOLE |  | 100000 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 35581494 | 176408 | SH |  | SOLE |  | 176408 | 0 | 0 |
| EVERCORE INC | CLASS A | 29977A105 |  | 3398162 | 10074 | SH |  | SOLE |  | 10074 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 9681053 | 6469 | SH |  | SOLE |  | 6469 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 16162524 | 10800 | SH | Call | SOLE |  | 10800 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 6135773 | 4100 | SH | Put | SOLE |  | 4100 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 6736277 | 29995 | SH |  | SOLE |  | 29995 | 0 | 0 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 |  | 1748009 | 977 | SH |  | SOLE |  | 977 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 28823271 | 130700 | SH | Call | SOLE |  | 130700 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 14907828 | 67600 | SH | Put | SOLE |  | 67600 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 2567432 | 10108 | SH |  | SOLE |  | 10108 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 1655084 | 42200 | SH |  | SOLE |  | 42200 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 7204714 | 183700 | SH | Call | SOLE |  | 183700 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 4365790 | 7100 | SH | Call | SOLE |  | 7100 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 12359490 | 20100 | SH | Put | SOLE |  | 20100 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 987900 | 8900 | SH |  | SOLE |  | 8900 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 2994276 | 3760 | SH |  | SOLE |  | 3760 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 79794270 | 100200 | SH | Call | SOLE |  | 100200 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 124867680 | 156800 | SH | Put | SOLE |  | 156800 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 |  | 240146 | 252 | SH |  | SOLE |  | 252 | 0 | 0 |
| GRUPO AEROPUERTO DEL PACIFIC | SPON ADS B | 400506101 |  | 222959 | 940 | SH |  | SOLE |  | 940 | 0 | 0 |
| HAMILTON LANE INC | CL A | 407497106 |  | 429980 | 3190 | SH |  | SOLE |  | 3190 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 298340 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 12144798 | 57695 | SH |  | SOLE |  | 57695 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 105250000 | 500000 | SH | Call | SOLE |  | 500000 | 0 | 0 |
| IMMUNIC INC | COM | 4525EP101 |  | 1659314 | 1882162 | SH |  | SOLE |  | 1882162 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 207541 | 2512 | SH |  | SOLE |  | 2512 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 9142548 | 32402 | SH |  | SOLE |  | 32402 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 150673440 | 534000 | SH | Call | SOLE |  | 534000 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 751007500 | 9250000 | SH | Call | SOLE |  | 9250000 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 266156000 | 1100000 | SH | Call | SOLE |  | 1100000 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 241960000 | 1000000 | SH | Put | SOLE |  | 1000000 | 0 | 0 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 5408599 | 82675 | SH |  | SOLE |  | 82675 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 402489 | 1276 | SH |  | SOLE |  | 1276 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 100716799 | 319300 | SH | Call | SOLE |  | 319300 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 72296556 | 229200 | SH | Put | SOLE |  | 229200 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 6700482 | 51562 | SH |  | SOLE |  | 51562 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 17114415 | 131700 | SH | Call | SOLE |  | 131700 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 4613225 | 35500 | SH | Put | SOLE |  | 35500 | 0 | 0 |
| LEGENCE CORP | CL A | 52476L109 |  | 2002650 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 2328830 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 16298388 | 91600 | SH | Call | SOLE |  | 91600 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 33232871 | 395300 | SH | Call | SOLE |  | 395300 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 73174528 | 870400 | SH | Put | SOLE |  | 870400 | 0 | 0 |
| MARZETTI COMPANY | COM | 513847103 |  | 214778 | 1243 | SH |  | SOLE |  | 1243 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 16778188 | 29497 | SH |  | SOLE |  | 29497 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 27587285 | 48500 | SH | Call | SOLE |  | 48500 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 17234943 | 30300 | SH | Put | SOLE |  | 30300 | 0 | 0 |
| MAXLINEAR INC | COM | 57776J100 |  | 160800 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 1821281 | 21700 | SH | Call | SOLE |  | 21700 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 8393 | 100 | SH | Put | SOLE |  | 100 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 3572759 | 4865 | SH |  | SOLE |  | 4865 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 85628708 | 116600 | SH | Call | SOLE |  | 116600 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 78652098 | 107100 | SH | Put | SOLE |  | 107100 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 2151435 | 33501 | SH |  | SOLE |  | 33501 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 3178890 | 49500 | SH | Call | SOLE |  | 49500 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 2649314 | 5115 | SH |  | SOLE |  | 5115 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 4868730 | 9400 | SH | Put | SOLE |  | 9400 | 0 | 0 |
| MINERALYS THERAPEUTICS INC | COM | 603170101 |  | 65239274 | 1720445 | SH |  | SOLE |  | 1720445 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 14991354 | 48300 | SH | Call | SOLE |  | 48300 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 3710921 | 23345 | SH |  | SOLE |  | 23345 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 18105544 | 113900 | SH | Call | SOLE |  | 113900 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 45653312 | 287200 | SH | Put | SOLE |  | 287200 | 0 | 0 |
| NAVITAS SEMICONDUCTOR CORP | COM | 63942X106 |  | 116394 | 16121 | SH |  | SOLE |  | 16121 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 3168746 | 2643 | SH |  | SOLE |  | 2643 | 0 | 0 |
| NEWAMSTERDAM PHARMA COMPANY | *W EXP 99/99/999 | N62509117 |  | 285155 | 16666 | SH |  | SOLE |  | 16666 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 410927 | 4874 | SH |  | SOLE |  | 4874 | 0 | 0 |
| NIO INC | NOTE 3.875%10/1 | 62914VAJ5 |  | 18465125 | 17500000 | PRN |  | SOLE |  | 17500000 | 0 | 0 |
| NIO INC | NOTE 4.625%10/1 | 62914VAK2 |  | 16088225 | 15500000 | PRN |  | SOLE |  | 15500000 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 90633397 | 301699 | SH |  | SOLE |  | 301699 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 1620308 | 29200 | SH |  | SOLE |  | 29200 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 5682176 | 102400 | SH | Call | SOLE |  | 102400 | 0 | 0 |
| NU HLDGS LTD | ORD SHS CL A | G6683N103 |  | 318599 | 19900 | SH | Call | SOLE |  | 19900 | 0 | 0 |
| NU HLDGS LTD | ORD SHS CL A | G6683N103 |  | 1601 | 100 | SH | Put | SOLE |  | 100 | 0 | 0 |
| NUVATION BIO INC | *W EXP 02/10/202 | 67080N119 |  | 33666 | 166579 | SH |  | SOLE |  | 166579 | 0 | 0 |
| NUVATION BIO INC | COM CL A | 67080N101 |  | 35910468 | 9705532 | SH |  | SOLE |  | 9705532 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 48305562 | 258900 | SH | Call | SOLE |  | 258900 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 102320472 | 548400 | SH | Put | SOLE |  | 548400 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 3019606 | 63907 | SH |  | SOLE |  | 63907 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 10253250 | 217000 | SH | Call | SOLE |  | 217000 | 0 | 0 |
| ON HLDG AG | NAMEN AKT A | H5919C104 |  | 1694000 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 1305579 | 12110 | SH |  | SOLE |  | 12110 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 54306434 | 297700 | SH | Call | SOLE |  | 297700 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 21124236 | 115800 | SH | Put | SOLE |  | 115800 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 631222 | 3100 | SH | Call | SOLE |  | 3100 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 6169686 | 30300 | SH | Put | SOLE |  | 30300 | 0 | 0 |
| PEPGEN INC | COM | 713317105 |  | 8741761 | 1892156 | SH |  | SOLE |  | 1892156 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 241317 | 1201 | SH |  | SOLE |  | 1201 | 0 | 0 |
| POST HLDGS INC | COM | 737446104 |  | 580392 | 5400 | SH |  | SOLE |  | 5400 | 0 | 0 |
| PYXIS ONCOLOGY INC | COMMON STOCK | 747324101 |  | 8049662 | 3625974 | SH |  | SOLE |  | 3625974 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 17916972 | 107700 | SH | Call | SOLE |  | 107700 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 6055504 | 36400 | SH | Put | SOLE |  | 36400 | 0 | 0 |
| REDDIT INC | CL A | 75734B100 |  | 16306291 | 70900 | SH | Call | SOLE |  | 70900 | 0 | 0 |
| REDDIT INC | CL A | 75734B100 |  | 9176601 | 39900 | SH | Put | SOLE |  | 39900 | 0 | 0 |
| RIGETTI COMPUTING INC | *W EXP 03/02/202 | 76655K111 |  | 183100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 6446037 | 19921 | SH |  | SOLE |  | 19921 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 32358 | 100 | SH | Call | SOLE |  | 100 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 14205162 | 43900 | SH | Put | SOLE |  | 43900 | 0 | 0 |
| ROYAL GOLD INC | COM | 780287108 |  | 1191646 | 5941 | SH |  | SOLE |  | 5941 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 2486115 | 5108 | SH |  | SOLE |  | 5108 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 4867100 | 10000 | SH | Call | SOLE |  | 10000 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 9296161 | 19100 | SH | Put | SOLE |  | 19100 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 35746 | 200 | SH | Call | SOLE |  | 200 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 8275199 | 46300 | SH | Put | SOLE |  | 46300 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 21245 | 90 | SH |  | SOLE |  | 90 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 11826606 | 50100 | SH | Call | SOLE |  | 50100 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 70818 | 300 | SH | Put | SOLE |  | 300 | 0 | 0 |
| SHARKNINJA INC | COM SHS | G8068L108 |  | 515750 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 20047489 | 134900 | SH | Call | SOLE |  | 134900 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 24505789 | 164900 | SH | Put | SOLE |  | 164900 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 13307450 | 59000 | SH | Call | SOLE |  | 59000 | 0 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 1321000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 10472792 | 15004 | SH |  | SOLE |  | 15004 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 8934400 | 12800 | SH | Call | SOLE |  | 12800 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 30432800 | 43600 | SH | Put | SOLE |  | 43600 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 146766655 | 455500 | SH | Call | SOLE |  | 455500 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 14724997 | 45700 | SH | Put | SOLE |  | 45700 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 16198926 | 337900 | SH | Call | SOLE |  | 337900 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 2564790 | 53500 | SH | Put | SOLE |  | 53500 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 17910057 | 36300 | SH | Call | SOLE |  | 36300 | 0 | 0 |
| TABOOLA.COM LTD | *W EXP 99/99/999 | M8744T114 |  | 7225 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 1433898 | 5550 | SH |  | SOLE |  | 5550 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 12363216 | 27800 | SH | Call | SOLE |  | 27800 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 133416 | 300 | SH | Put | SOLE |  | 300 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 26844606 | 146109 | SH |  | SOLE |  | 146109 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 61972129 | 337300 | SH | Call | SOLE |  | 337300 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 90413533 | 492100 | SH | Put | SOLE |  | 492100 | 0 | 0 |
| TOAST INC | CL A | 888787108 |  | 783359 | 21456 | SH |  | SOLE |  | 21456 | 0 | 0 |
| TPG INC | COM CL A | 872657101 |  | 574500 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 228017 | 173 | SH |  | SOLE |  | 173 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 552892 | 12093 | SH |  | SOLE |  | 12093 | 0 | 0 |
| ULTRAPAR PARTICIPACOES SA | SP ADR REP COM | 90400P101 |  | 64448 | 15719 | SH |  | SOLE |  | 15719 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 2174743 | 7300 | SH |  | SOLE |  | 7300 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 7373808 | 21600 | SH | Call | SOLE |  | 21600 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 2665493 | 136482 | SH |  | SOLE |  | 136482 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 12797135 | 152674 | SH |  | SOLE |  | 152674 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 2137410 | 25500 | SH | Call | SOLE |  | 25500 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 20661630 | 246500 | SH | Put | SOLE |  | 246500 | 0 | 0 |
| XEROX HOLDINGS CORP | COM NEW | 98421M106 |  | 46462 | 12357 | SH |  | SOLE |  | 12357 | 0 | 0 |
| YPF SOCIEDAD ANONIMA | SPON ADR CL D | 984245100 |  | 291480 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |

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