# EDGAR Filing Document

**Accession Number:** 0001269950
**File Stem:** 0000919574-25-004128
**Filing Date:** 2025-7
**Character Count:** 23169
**Document Hash:** e3f2e03c3b9c905b373be3d5430a7277
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-25-004128.hdr.sgml**: 20250718

**ACCESSION NUMBER**: 0000919574-25-004128

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250718

**DATE AS OF CHANGE**: 20250718

**EFFECTIVENESS DATE**: 20250718

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DELTEC ASSET MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001269950

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10538
- **FILM NUMBER:** 251133480

**BUSINESS ADDRESS:**
- **STREET 1:** 530 FIFTH AVENUE
- **STREET 2:** 17TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** (212) 546-6200

**MAIL ADDRESS:**
- **STREET 1:** 530 FIFTH AVENUE
- **STREET 2:** 17TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** DELTEC ASSET MANAGEMENT LLC<br>**Address:** 530 Fifth Avenue<br>17th Floor<br>New York, NY 10036

**Form 13F File Number:** 028-10538

**CRD Number (if applicable):** 000104068

**SEC File Number (if applicable):** 801-58090

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:** Denise Vitti<br>**Title:** Managing Director<br>**Phone:** 212-546-6295

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

/s/Denise Vitti  New York, NY  07-18-2025<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:** 191

**Form 13F Information Table Value Total:** $560806964

      (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 |
| ABERCROMBIE  FITCH CO | CL A | 002896207 |  | 1242750 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| ALDEL FINL II INC | CL A | G01558108 |  | 524500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 632261 | 5575 | SH |  | SOLE |  | 5575 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 3066364 | 17286 | SH |  | SOLE |  | 17286 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 36581118 | 207576 | SH |  | SOLE |  | 207576 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 2478231 | 42269 | SH |  | SOLE |  | 42269 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 36371571 | 165785 | SH |  | SOLE |  | 165785 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 4148840 | 103000 | SH |  | SOLE |  | 103000 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 713520 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 5874017 | 28630 | SH |  | SOLE |  | 28630 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 350080 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 1342987 | 14750 | SH |  | SOLE |  | 14750 | 0 | 0 |
| ARCOS DORADOS HOLDINGS INC | SHS CLASS -A - | G0457F107 |  | 1312896 | 166400 | SH |  | SOLE |  | 166400 | 0 | 0 |
| ARES ACQUISITION CORP II | SHS CLASS A | G33033104 |  | 1699500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| ATLANTA BRAVES HLDGS INC | COM SER A | 047726104 |  | 1567191 | 31847 | SH |  | SOLE |  | 31847 | 0 | 0 |
| AUNA S A | CLASS A | L0415A103 |  | 561100 | 90500 | SH |  | SOLE |  | 90500 | 0 | 0 |
| AXIOM INTELLIGENCE AC CORP 1 | UNIT 06/10/2030 | G0750N120 |  | 504500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 300160 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| BANCO BBVA ARGENTINA S A | SPONSORED ADS | 058934100 |  | 1341490 | 81500 | SH |  | SOLE |  | 81500 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4166935 | 8578 | SH |  | SOLE |  | 8578 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 4415450 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| BLUE ACQUISITION CORP. | UNIT 06/02/2030 | G1331A124 |  | 200800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| BLUE WTR ACQUISITION CORP. I | UNIT 05/23/2030 | G1368E122 |  | 500500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 282865 | 1350 | SH |  | SOLE |  | 1350 | 0 | 0 |
| BOLD EAGLE ACQUISITION CORP | CL A | G2003N105 |  | 523500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 1221530 | 211 | SH |  | SOLE |  | 211 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 3039703 | 28300 | SH |  | SOLE |  | 28300 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 26262554 | 95275 | SH |  | SOLE |  | 95275 | 0 | 0 |
| CAESARS ENTERTAINMENT INC NE | COM | 12769G100 |  | 1926858 | 67871 | SH |  | SOLE |  | 67871 | 0 | 0 |
| CANTOR EQUITY PARTNERS I INC | SHS CL A | G1827K107 |  | 416500 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| CANTOR EQUITY PARTNERS II IN | CL A ORD SHS | G1827P106 |  | 220600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| CANTOR EQUITY PARTNERS III I | SHS CL A | G1828A108 |  | 105500 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 24143495 | 858588 | SH |  | SOLE |  | 858588 | 0 | 0 |
| CARTESIAN GROWTH CORP III | COM CL A | G19307100 |  | 724446 | 72300 | SH |  | SOLE |  | 72300 | 0 | 0 |
| CARTESIAN GROWTH CORP III | *W EXP 05/02/203 | G19307126 |  | 9764 | 36150 | SH |  | SOLE |  | 36150 | 0 | 0 |
| CENTRAIS ELETRICAS BRASILEIR | SPONSORED ADR | 15234Q207 |  | 1081065 | 145500 | SH |  | SOLE |  | 145500 | 0 | 0 |
| CENTURION ACQUISITION CORP | SHS CL A | G20315100 |  | 1052000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 379453 | 2650 | SH |  | SOLE |  | 2650 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 3835045 | 68300 | SH |  | SOLE |  | 68300 | 0 | 0 |
| CHUNGHWA TELECOM CO LTD | SPON ADR NEW11 | 17133Q502 |  | 484651 | 10398 | SH |  | SOLE |  | 10398 | 0 | 0 |
| CHURCHILL CAPITAL CORP IX | CL A SHS | G21301109 |  | 736400 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 3916223 | 56446 | SH |  | SOLE |  | 56446 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1542800 | 18125 | SH |  | SOLE |  | 18125 | 0 | 0 |
| COHEN CIRCLE ACQUISITION COR | SHS CL A | G3730H106 |  | 219400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 209794 | 650 | SH |  | SOLE |  | 650 | 0 | 0 |
| COPA HOLDINGS SA | CL A | P31076105 |  | 6529469 | 59375 | SH |  | SOLE |  | 59375 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 3449941 | 3485 | SH |  | SOLE |  | 3485 | 0 | 0 |
| COUPANG INC | CL A | 22266T109 |  | 614180 | 20500 | SH |  | SOLE |  | 20500 | 0 | 0 |
| CRANE HBR ACQUISITION CORP | CL A | G24979109 |  | 1007000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| CREDICORP LTD | COM | G2519Y108 |  | 536448 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| DBX ETF TR | XTRACK HRVST CSI | 233051879 |  | 206550 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 526226 | 10700 | SH |  | SOLE |  | 10700 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 879245 | 20500 | SH |  | SOLE |  | 20500 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 3605599 | 10100 | SH |  | SOLE |  | 10100 | 0 | 0 |
| ELEVATION ONCOLOGY INC | COM | 28623U101 |  | 527289 | 1436363 | SH |  | SOLE |  | 1436363 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 5261827 | 6750 | SH |  | SOLE |  | 6750 | 0 | 0 |
| EMBRAER S.A. | SPONSORED ADS | 29082A107 |  | 4666620 | 82000 | SH |  | SOLE |  | 82000 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 9045549 | 155102 | SH |  | SOLE |  | 155102 | 0 | 0 |
| EQV VENTURES ACQUISITION COR | CL A ORD SHS | G3106N109 |  | 525500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| EXPAND ENERGY CORPORATION | *W EXP 02/09/202 | 165167180 |  | 269650 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| FIFTH ERA ACQUISITION CORP I | ORD SHS CL A | G3415K101 |  | 507500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| FIGX CAP ACQUISITION CORP. | UNIT 06/17/2030 | G3473K126 |  | 100150 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 1034460 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| FLEX LTD | ORD | Y2573F102 |  | 6909876 | 138419 | SH |  | SOLE |  | 138419 | 0 | 0 |
| FMC CORP | COM NEW | 302491303 |  | 250500 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| FOMENTO ECONOMICO MEXICANO S | SPON ADR UNITS | 344419106 |  | 514900 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| GARRETT MOTION INC | COM | 366505105 |  | 525500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| GEOPARK LTD | USD SHS | G38327105 |  | 991040 | 152000 | SH |  | SOLE |  | 152000 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 344172 | 4300 | SH |  | SOLE |  | 4300 | 0 | 0 |
| GLOBAL X FDS | GLOBAL X URANIUM | 37954Y871 |  | 10958003 | 282350 | SH |  | SOLE |  | 282350 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1344725 | 1900 | SH |  | SOLE |  | 1900 | 0 | 0 |
| GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 |  | 528150 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| GRAF GLOBAL CORP | ORD SHS CL A | G4036C106 |  | 1046000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| GRAYSCALE BITCOIN MINI TR ET | SHS NEW | 389930207 |  | 225380 | 4720 | SH |  | SOLE |  | 4720 | 0 | 0 |
| GRAYSCALE BITCOIN TRUST ETF | SHS REP COM UT | 389637109 |  | 1123997 | 13250 | SH |  | SOLE |  | 13250 | 0 | 0 |
| GRUPO FINANCIERO GALICIA S.A | SPONSORED ADR | 399909100 |  | 972527 | 19300 | SH |  | SOLE |  | 19300 | 0 | 0 |
| GXO LOGISTICS INCORPORATED | COMMON STOCK | 36262G101 |  | 202495 | 4158 | SH |  | SOLE |  | 4158 | 0 | 0 |
| HAWAIIAN ELEC INDUSTRIES | COM | 419870100 |  | 392098 | 36886 | SH |  | SOLE |  | 36886 | 0 | 0 |
| HAYMAKER ACQUISITION CORP IV | CLASS A | G4375F108 |  | 555000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| HCM II ACQUISITION CORP | SHS CL A | G43658106 |  | 1110000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 1886082 | 24600 | SH |  | SOLE |  | 24600 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 8713933 | 23767 | SH |  | SOLE |  | 23767 | 0 | 0 |
| IB ACQUISITION CORP | COM SHS | 44934N108 |  | 1044000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 1194220 | 35500 | SH |  | SOLE |  | 35500 | 0 | 0 |
| INFLECTION PT ACQUISITION CO | CL A ORD SHS | G47875102 |  | 508000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| INFOSYS LTD | SPONSORED ADR | 456788108 |  | 1065475 | 57500 | SH |  | SOLE |  | 57500 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 217386 | 276 | SH |  | SOLE |  | 276 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 2042758 | 11240 | SH |  | SOLE |  | 11240 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 910758 | 1651 | SH |  | SOLE |  | 1651 | 0 | 0 |
| IQIYI INC | SPONSORED ADS | 46267X108 |  | 35400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 3222706 | 52650 | SH |  | SOLE |  | 52650 | 0 | 0 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 2715616 | 11300 | SH |  | SOLE |  | 11300 | 0 | 0 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 1080192 | 19400 | SH |  | SOLE |  | 19400 | 0 | 0 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 6756150 | 61700 | SH |  | SOLE |  | 61700 | 0 | 0 |
| ITAU UNIBANCO HLDG S A | SPON ADR REP PFD | 465562106 |  | 907483 | 133650 | SH |  | SOLE |  | 133650 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 1526700 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| JACKSON ACQUISITION CO II | COM SHS CL A | G4992A110 |  | 412000 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| JADE BIOSCIENCES INC | COM NEW | 008064206 |  | 157402 | 15756 | SH |  | SOLE |  | 15756 | 0 | 0 |
| JBS N.V. | CL A SHS | N4732M103 |  | 524499 | 35900 | SH |  | SOLE |  | 35900 | 0 | 0 |
| JENA ACQUISITION CORP II | UNIT 99/99/9999 | G5093B121 |  | 1028000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 536763 | 3514 | SH |  | SOLE |  | 3514 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 2007627 | 6925 | SH |  | SOLE |  | 6925 | 0 | 0 |
| KB FINL GROUP INC | SPONSORED ADR | 48241A105 |  | 1404030 | 17000 | SH |  | SOLE |  | 17000 | 0 | 0 |
| LAUNCH ONE ACQUISITION CORP | SHS CLASS A | G5S86M100 |  | 1041500 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| LAUNCH TWO ACQUISITION CORP. | ORD SHS CL A | G5S87A105 |  | 1563000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 1506176 | 13617 | SH |  | SOLE |  | 13617 | 0 | 0 |
| LENSAR INC | COM | 52634L108 |  | 428025 | 32500 | SH |  | SOLE |  | 32500 | 0 | 0 |
| LIONHEART HOLDINGS | SHS CL A | G5501C109 |  | 1050000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| LUMENT FINANCE TRUST INC | COM | 55025L108 |  | 442000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 387980 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| M3BRIGADE ACQUISITION V CORP | CL A | G63212107 |  | 564500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 6980319 | 90185 | SH |  | SOLE |  | 90185 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 6960751 | 12387 | SH |  | SOLE |  | 12387 | 0 | 0 |
| MELAR ACQUISITION CORP. I | SHS CL A | G6004G100 |  | 1051000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 3175560 | 1215 | SH |  | SOLE |  | 1215 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 19343863 | 26208 | SH |  | SOLE |  | 26208 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 30775752 | 61872 | SH |  | SOLE |  | 61872 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 1512747 | 22431 | SH |  | SOLE |  | 22431 | 0 | 0 |
| MONEYHERO LIMITED | *W EXP 09/13/202 | G6202B119 |  | 1087 | 23200 | SH |  | SOLE |  | 23200 | 0 | 0 |
| MONEYHERO LIMITED | ORD SHS | G6202B101 |  | 30260 | 42028 | SH |  | SOLE |  | 42028 | 0 | 0 |
| MOUNTAIN LAKE ACQUISITION CO | SHS CL A | G6301B101 |  | 513000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 586025 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| NEW PROVIDENCE ACQUISITION C | USD CL A ORD SHS | G6476A102 |  | 765000 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| NEXTNAV INC | COMMON STOCK | 65345N106 |  | 532000 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 6252324 | 308300 | SH |  | SOLE |  | 308300 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 25490423 | 161342 | SH |  | SOLE |  | 161342 | 0 | 0 |
| OCULAR THERAPEUTIX INC | COM | 67576A100 |  | 25936598 | 2794892 | SH |  | SOLE |  | 2794892 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 218630 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 1251906 | 13890 | SH |  | SOLE |  | 13890 | 0 | 0 |
| OXLEY BRIDGE ACQ LTD | UNIT 06/17/2030 | G6858G123 |  | 250250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| OYSTER ENTERPRISES II ACQUIS | UNIT 05/22/2030 | G6861F120 |  | 506000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| PALVELLA THERAPEUTICS INC NE | COM | 697947109 |  | 281750 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| PAMPA ENERGIA S A | SPONS ADR LVL I | 697660207 |  | 208140 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 1834881 | 2627 | SH |  | SOLE |  | 2627 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SP ADR NON VTG | 71654V101 |  | 239455 | 20750 | SH |  | SOLE |  | 20750 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 813150 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 8363956 | 45923 | SH |  | SOLE |  | 45923 | 0 | 0 |
| PIONEER ACQUISITION I CORP | UNIT 06/16/2030 | G7117W123 |  | 100050 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| PORTMAN RIDGE FIN CORP | COM NEW | 73688F201 |  | 338215 | 27014 | SH |  | SOLE |  | 27014 | 0 | 0 |
| QXO INC | COM NEW | 82846H405 |  | 753900 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| RANGE CAP ACQUISITION CORP | ORD SHS | G7375C108 |  | 510000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | SHS CL A | G7490F101 |  | 295000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| REPUBLIC DIGITAL ACQUISITION | *W EXP 05/01/203 | G7515A129 |  | 15752 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| REPUBLIC DIGITAL ACQUISITION | USD CL A ORD SHS | G7515A103 |  | 513000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 1291860 | 2450 | SH |  | SOLE |  | 2450 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 2590555 | 9500 | SH |  | SOLE |  | 9500 | 0 | 0 |
| SELECT SECTOR SPDR TR | INDL | 81369Y704 |  | 1807120 | 12250 | SH |  | SOLE |  | 12250 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 4856484 | 36030 | SH |  | SOLE |  | 36030 | 0 | 0 |
| SEMLER SCIENTIFIC INC | COM | 81684M104 |  | 3910106 | 100932 | SH |  | SOLE |  | 100932 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 540770 | 526 | SH |  | SOLE |  | 526 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 4027734 | 57204 | SH |  | SOLE |  | 57204 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 343360 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| SILICON MOTION TECHNOLOGY CO | SPONSORED ADR | 82706C108 |  | 375850 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| SIM ACQUISITION CORP. I | SHS CL A | G8431T101 |  | 1042210 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| SIZZLE ACQUISITION CORP. II | USD CL A ORD SHS | G8193F109 |  | 1507500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| SOULPOWER ACQUISITION CORP | USD CL A ORD SHS | G82745103 |  | 1506000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 379995 | 3756 | SH |  | SOLE |  | 3756 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 5126919 | 8298 | SH |  | SOLE |  | 8298 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 |  | 1320600 | 31000 | SH |  | SOLE |  | 31000 | 0 | 0 |
| SSGA ACTIVE ETF TR | SPDR TR TACTIC | 78467V848 |  | 216594 | 5400 | SH |  | SOLE |  | 5400 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 1064245 | 2690 | SH |  | SOLE |  | 2690 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 9074775 | 40067 | SH |  | SOLE |  | 40067 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 5077795 | 15985 | SH |  | SOLE |  | 15985 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 207620 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| THAYER VENTURES ACQ CORP II | UNIT 05/15/2030 | G87890128 |  | 254000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| TITAN ACQUISITION CORP | CL A | G8901A103 |  | 1004000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 2605639 | 21100 | SH |  | SOLE |  | 21100 | 0 | 0 |
| TOLL BROTHERS INC | COM | 889478103 |  | 1141300 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 |  | 581323 | 7651 | SH |  | SOLE |  | 7651 | 0 | 0 |
| TRIP COM GROUP LTD | ADS | 89677Q107 |  | 410480 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| TURNSTONE BIOLOGICS CORP | COM | 90042W100 |  | 38074 | 106057 | SH |  | SOLE |  | 106057 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 19607741 | 210158 | SH |  | SOLE |  | 210158 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 376700 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2002847 | 6420 | SH |  | SOLE |  | 6420 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 160215 | 16500 | SH |  | SOLE |  | 16500 | 0 | 0 |
| VANECK ETF TRUST | VANECK VIETNAM | 92189F817 |  | 1182500 | 86000 | SH |  | SOLE |  | 86000 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 697200 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1108797 | 12450 | SH |  | SOLE |  | 12450 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 602693 | 1983 | SH |  | SOLE |  | 1983 | 0 | 0 |
| VERDE CLEAN FUELS INC | *W EXP 02/15/202 | 923372114 |  | 11991 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| VIGIL NEUROSCIENCE INC | COM | 92673K108 |  | 238500 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| VINE HILL CAP INVT CORP. | ORD SHS CL A | G93Y09107 |  | 1040000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 16018081 | 45115 | SH |  | SOLE |  | 45115 | 0 | 0 |
| VISTA ENERGY S.A.B. DE C.V. | SPONSORED ADS | 92837L109 |  | 6423799 | 134361 | SH |  | SOLE |  | 134361 | 0 | 0 |
| VOYAGER ACQUISITION CORP | CL A | G93A7H104 |  | 1038680 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 11246362 | 115017 | SH |  | SOLE |  | 115017 | 0 | 0 |
| WEIBO CORP | SPONSORED ADR | 948596101 |  | 101170 | 10616 | SH |  | SOLE |  | 10616 | 0 | 0 |
| WEN ACQUISITION CORP | UNIT 05/16/2030 | G9R39C129 |  | 264250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| WISDOMTREE TR | US QTLY DIV GRT | 97717X669 |  | 527562 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| WYNDHAM HOTELS  RESORTS INC | COM | 98311A105 |  | 1136940 | 14000 | SH |  | SOLE |  | 14000 | 0 | 0 |
| YPF SOCIEDAD ANONIMA | SPON ADR CL D | 984245100 |  | 1918450 | 61000 | SH |  | SOLE |  | 61000 | 0 | 0 |

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