# EDGAR Filing Document

**Accession Number:** 0001076673
**File Stem:** 0001193125-25-280596
**Filing Date:** 2025-11
**Character Count:** 109357
**Document Hash:** 226e89a3b076757ac74caac464d5cf23
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-280596.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001193125-25-280596

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251113

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advantage Advisers Xanthus Fund, L.L.C.
- **CENTRAL INDEX KEY:** 0001076673

**ORGANIZATION NAME:**
- **EIN:** 134038889
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09205
- **FILM NUMBER:** 251480130

**BUSINESS ADDRESS:**
- **STREET 1:** 85 BROAD STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004
- **BUSINESS PHONE:** 212-667-4225

**MAIL ADDRESS:**
- **STREET 1:** 85 BROAD STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** XANTHUS FUND LLC
- **DATE OF NAME CHANGE:** 19990112

## Nport-Ex

**Advantage Advisers Xanthus Fund, L.L.C.**

**Schedule of Portfolio Investments (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** |  | **September 30, 2025<br> Fair Value** |
|  | **Common Stock – 103.13%** |  |
|  | **United States – 69.98%** |  |
|  | &nbsp;&nbsp;&nbsp;**Aerospace / Defense – 1.10%** |  |
| 26874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Group, Inc. | $35420469 |
|  | &nbsp;&nbsp;&nbsp;**Aerospace / Defense - Equipment – 1.18%** |  |
| 100442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Electric Co. | 30214962 |
| 279888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standardaero, Inc.\* | 7638144 |
|  |  | 37853106 |
|  | &nbsp;&nbsp;&nbsp;**Applications Software – 4.22%** |  |
| 261894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corp. (a) | 135647997 |
|  | &nbsp;&nbsp;&nbsp;**Building Products - Air & Heating – 0.30%** |  |
| 87492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Johnson Controls International PLC | 9619745 |
|  | &nbsp;&nbsp;&nbsp;**Building Products - Cement / Aggregate – 4.83%** |  |
| 101724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Martin Marietta Materials, Inc. | 64114603 |
| 204724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vulcan Materials Co. (a) | 62977197 |
| 237155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CRH PLC | 28434885 |
|  |  | 155526685 |
|  | &nbsp;&nbsp;&nbsp;**Coatings / Paint – 0.48%** |  |
| 44435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Sherwin-Williams Co. | 15386063 |
|  | &nbsp;&nbsp;&nbsp;**Commercial Services – 1.63%** |  |
| 33248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cintas Corp. (a) | 6824484 |
| 100607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quanta Services, Inc. (a) | 41693553 |
| 252054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NIQ Global Intelligence PLC\* | 3957248 |
|  |  | 52475285 |
|  | &nbsp;&nbsp;&nbsp;**Commercial Services - Finance – 0.75%** |  |
| 124288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Block, Inc.\* (a) | 8982294 |
| 26883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;S&P Global, Inc. (a) | 13084225 |
| 57444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toast, Inc.\* | 2097280 |
|  |  | 24163799 |
|  | &nbsp;&nbsp;&nbsp;**Computer Aided Design – 3.74%** |  |
| 215870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cadence Design Systems, Inc.\* (a) | 75826496 |
| 90305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Synopsys, Inc.\* | 44555584 |
|  |  | 120382080 |
|  | &nbsp;&nbsp;&nbsp;**Computers – 0.97%** |  |
| 219804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dell Technologies, Inc., Class C | 31161613 |
|  | &nbsp;&nbsp;&nbsp;**E-Commerce / Products – 5.11%** |  |
| 748916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc.\* (a) | 164439486 |
|  | &nbsp;&nbsp;&nbsp;**E-Commerce / Services – 3.64%** |  |
| 342065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expedia Group, Inc. (a) | 73116394 |
| 448734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uber Technologies, Inc.\* | 43962470 |
|  |  | 117078864 |
|  | &nbsp;&nbsp;&nbsp;**Electric - Generation – 1.50%** |  |
| 146370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellation Energy Corp. (a) | 48165975 |

---

**Advantage Advisers Xanthus Fund, L.L.C.**

**Schedule of Portfolio Investments (Unaudited) (continued)**

---

| | | |
|:---|:---|:---|
| **Shares** |  | **September 30, 2025<br> Fair Value** |
|  | **Common Stock – (continued)** |  |
|  | **United States – (continued)** |  |
|  | &nbsp;&nbsp;&nbsp;**Electric – Integrated – 1.22%** |  |
| 422977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entergy Corp. | $39417227 |
|  | &nbsp;&nbsp;&nbsp;**Electronic Components - Semiconductors – 2.99%** |  |
| 391405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Analog Devices, Inc. | 96168209 |
|  | &nbsp;&nbsp;&nbsp;**Electronic Connectors – 2.17%** |  |
| 563192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amphenol Corp., Class A | 69695010 |
|  | &nbsp;&nbsp;&nbsp;**Enterprise Software / Services – 3.41%** |  |
| 312050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oracle Corp. (a) | 87760942 |
| 248885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc. | 22091033 |
|  |  | 109851975 |
|  | &nbsp;&nbsp;&nbsp;**Finance - Credit Card – 3.97%** |  |
| 105155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc., Class A (a) | 59813216 |
| 198835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc., Class A (a) | 67878292 |
|  |  | 127691508 |
|  | &nbsp;&nbsp;&nbsp;**Finance - Other Services – 1.30%** |  |
| 248414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intercontinental Exchange, Inc. (a) | 41852791 |
|  | &nbsp;&nbsp;&nbsp;**Gas - Distributions – 0.59%** |  |
| 437529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NiSource, Inc. | 18945006 |
|  | &nbsp;&nbsp;&nbsp;**Independent Power Producer – 1.29%** |  |
| 212309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Corp. | 41595579 |
|  | &nbsp;&nbsp;&nbsp;**Internet Content - Entertainment – 5.48%** |  |
| 240396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc., Class A (a) | 176542015 |
|  | &nbsp;&nbsp;&nbsp;**Machinery – Electric Utilities – 1.75%** |  |
| 222687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BWX Technologies, Inc. | 41056802 |
| 101396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertiv Holdings Co., Class A | 15296601 |
|  |  | 56353403 |
|  | &nbsp;&nbsp;&nbsp;**Medical - Biomedical / Genetics – 0.94%** |  |
| 256627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Akero Therapeutics, Inc.\* | 12184650 |
| 770076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BioCryst Pharmaceuticals, Inc.\* | 5844877 |
| 71674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insmed, Inc.\* | 10321773 |
| 120198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Keros Therapeutics, Inc.\* | 1901532 |
|  |  | 30252832 |
|  | &nbsp;&nbsp;&nbsp;**Medical - Drugs – 0.94%** |  |
| 16899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madrigal Pharmaceuticals, Inc.\* | 7750895 |
| 645814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ORIC Pharmaceuticals, Inc.\* | 7749768 |
| 146151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rhythm Pharmaceuticals, Inc.\* | 14759789 |
|  |  | 30260452 |
|  | &nbsp;&nbsp;&nbsp;**Private Equity – 0.63%** |  |
| 321007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Carlyle Group, Inc. | 20127140 |
|  | &nbsp;&nbsp;&nbsp;**REITs - Diversified – 1.18%** |  |
| 62077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Tower Corp. | 11938648 |
| 33455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equinix, Inc. | 26203293 |
|  |  | 38141941 |

---

**Advantage Advisers Xanthus Fund, L.L.C.**

**Schedule of Portfolio Investments (Unaudited) (continued)**

---

| | | |
|:---|:---|:---|
| **Shares** |  | **September 30, 2025<br> Fair Value** |
|  | **Common Stock – (continued)** |  |
|  | **United States – (continued)** |  |
|  | &nbsp;&nbsp;&nbsp;**Retail - Apparel / Shoes – 1.07%** |  |
| 74086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Burlington Stores, Inc.\* | $18854887 |
| 102022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ross Stores, Inc. | 15547133 |
|  |  | 34402020 |
|  | &nbsp;&nbsp;&nbsp;**Retail - Building Products – 0.72%** |  |
| 91599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lowe's Cos., Inc. | 23019745 |
|  | &nbsp;&nbsp;&nbsp;**Retail - Major Department Stores – 2.06%** |  |
| 461594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The TJX Cos., Inc. (a) | 66718797 |
|  | &nbsp;&nbsp;&nbsp;**Retail - Restaurants – 0.41%** |  |
| 70485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chipotle Mexican Grill, Inc.\* | 2762307 |
| 68086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yum! Brands, Inc. (a) | 10349072 |
|  |  | 13111379 |
|  | &nbsp;&nbsp;&nbsp;**Semiconductor Equipment – 8.41%** |  |
| 92546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KLA Corp. (a) | 99820116 |
| 860255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lam Research Corp. (a) | 115188145 |
| 403576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Teradyne, Inc. | 55548201 |
|  |  | 270556462 |
|  | **Total United States (Cost $1,136,119,216)** | $**2252024658** |
|  | **Canada – 0.66%** |  |
|  | &nbsp;&nbsp;&nbsp;**Transport - Rail – 0.66%** |  |
| 286766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canadian Pacific Kansas City, Ltd. | 21361199 |
|  | **Total Canada (Cost $22,070,275)** | $**21361199** |
|  | **China – 2.52%** |  |
|  | &nbsp;&nbsp;&nbsp;**Auto - Cars / Light Trucks – 0.68%** |  |
| 1569000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BYD Co., Ltd., Class H | 22222996 |
|  | &nbsp;&nbsp;&nbsp;**E-Commerce / Products – 0.39%** |  |
| 354468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JD.com, Inc., Class A - Sponsored ADR | 12399291 |
|  | &nbsp;&nbsp;&nbsp;**E-Commerce / Services – 0.13%** |  |
| 309000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Meituan, Class B\* | 4150236 |
|  | &nbsp;&nbsp;&nbsp;**Real Estate Management / Services – 0.18%** |  |
| 302409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KE Holdings, Inc. - Sponsored ADR | 5745771 |
|  | &nbsp;&nbsp;&nbsp;**Schools – 0.34%** |  |
| 203852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Oriental Education & Technology Group, Inc. - Sponsored ADR | 10818426 |
|  | &nbsp;&nbsp;&nbsp;**Transport - Services – 0.80%** |  |
| 1997523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Full Truck Alliance Co., Ltd. - Sponsored ADR | 25907873 |
|  | **Total China (Cost $58,389,883)** | $**81244593** |

---

**Advantage Advisers Xanthus Fund, L.L.C.**

**Schedule of Portfolio Investments (Unaudited) (continued)**

---

| | | |
|:---|:---|:---|
| **Shares** |  | **September 30, 2025<br> Fair Value** |
|  | **Common Stock – (continued)** |  |
|  | **France – 10.02%** |  |
|  | &nbsp;&nbsp;&nbsp;**Aerospace / Defense - Equipment – 10.02%** |  |
| 700083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Airbus SE | $162380752 |
| 453935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Safran SA | 160065425 |
|  | **Total France (Cost $150,559,694)** | $**322446177** |
|  | **Germany – 6.60%** |  |
|  | &nbsp;&nbsp;&nbsp;**Aerospace / Defense – 1.14%** |  |
| 80049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MTU Aero Engines AG | 36767106 |
|  | &nbsp;&nbsp;&nbsp;**Athletic Footwear – 0.59%** |  |
| 89659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;adidas AG | 18899669 |
|  | &nbsp;&nbsp;&nbsp;**Machinery – Electric Utilities – 4.87%** |  |
| 1342516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Siemens Energy AG | 156830705 |
|  | **Total Germany (Cost $76,345,193)** | $**212497480** |
|  | **Hong Kong – 0.40%** |  |
|  | &nbsp;&nbsp;&nbsp;**Casino Hotels – 0.40%** |  |
| 2322000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Galaxy Entertainment Group, Ltd. | 12797203 |
|  | **Total Hong Kong (Cost $12,687,876)** | $**12797203** |
|  | **Japan – 3.80%** |  |
|  | &nbsp;&nbsp;&nbsp;**Audio / Video Products – 3.66%** |  |
| 4081000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sony Group Corp. | 117689535 |
|  | &nbsp;&nbsp;&nbsp;**Life / Health Insurance – 0.14%** |  |
| 4081000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sony Financial Group, Inc. | 4531835 |
|  | **Total Japan (Cost $55,507,890)** | $**122221370** |
|  | **Netherlands – 0.57%** |  |
|  | &nbsp;&nbsp;&nbsp;**Medical - Biomedical / Genetics – 0.57%** |  |
| 24733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Argenx SE - Sponsored ADR\* | 18242071 |
|  | **Total Netherlands (Cost $13,407,509)** | $**18242071** |
|  | **Taiwan – 6.17%** |  |
|  | &nbsp;&nbsp;&nbsp;**Semiconductor Components - Integrated Circuits – 6.17%** |  |
| 710832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co., Ltd. - Sponsored ADR | 198528269 |
|  | **Total Taiwan (Cost $98,491,730)** | $**198528269** |
|  | **Uruguay – 2.41%** |  |
|  | &nbsp;&nbsp;&nbsp;**E-Commerce / Services - 2.41%** |  |
| 33235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MercadoLibre, Inc.\* (a) | 77668201 |
|  | **Total Uruguay (Cost $35,712,638)** | $**77668201** |
|  | **Total Common Stock (Cost $1,659,291,904)** | $**3319031221** |

---

**Advantage Advisers Xanthus Fund, L.L.C.**

**Schedule of Portfolio Investments (Unaudited) (concluded)**

---

| | | |
|:---|:---|:---|
| **Shares** |  | **September 30, 2025<br> Fair Value** |
|  | **Common Stock – (continued)** |  |
|  | **Total Investments in Securities<br> (Cost $1,659,291,904) – 103.13%** | $**3319031221** |
|  | **Total Purchased Options (Cost $309,825,142) - 9.69%** | **311882724** |
|  | **Total Securities Sold, Not Yet Purchased (Proceeds $1,383,043,762) - (43.20)%** | **(1390281390)** |
|  | **Other Assets, in Excess of Liabilities – 30.38%\*\*** | **977543933** |
|  | **Members' Capital – 100.00%** | $**3218176488** |

---

---

| | |
|:---|:---|
| (a) | Partially or wholly held in a pledge account at the Bank of New York Mellon ("Custodian"), the assets of which are pledged as collateral for securities sold, not yet purchased. |
| \* | Non-income producing security |
| \*\* | Includes $57,540,935 invested in U.S. Dollar Cash Reserve Account held by the Custodian, which is 1.79% of Members' Capital, and foreign currency with a U.S. Dollar value of $150 held in a Foreign Cash Account with the Custodian which is 0.00% of Members' Capital. $9,596,224 of those amounts are held as restricted cash and are in a segregated account with the Custodian, as collateral for swap contracts and securities sold short, not yet purchased, in each case as at September 30, 2025. |
| ADR | American Depository Receipt |
| REIT | Real Estate Investment Trust |

---

**Advantage Advisers Xanthus Fund, L.L.C.**

**Schedule of Purchased Options (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Notional<br> Amount (USD)** | **Contracts** | **Expiration<br> Date<br> Strike Price** |  | **September 30, 2025<br> Fair Value** |
|  |  |  | **Purchased Options – 9.69%** |  |
|  |  |  | **Equity Options – 9.68%** |  |
|  |  |  | **Equity Call Options - 7.04%** |  |
|  |  |  | **United States – 5.94%** |  |
|  |  |  | &nbsp;&nbsp;&nbsp;**Applications Software - 0.55%** |  |
| $201905500 | 4163 | 11/21/2025<br> $485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corp. | $17859270 |
|  |  |  | &nbsp;&nbsp;&nbsp;**Auto-Cars / Light Trucks - 0.83%** |  |
| 320365500 | 7041 | 11/21/2025<br> $455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tesla, Inc. | 26702992 |
|  |  |  | &nbsp;&nbsp;&nbsp;**Casino Hotels - 0.55%** |  |
| 28543500 | 6343 | 1/16/2026<br> $45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas Sands Corp. | 6676008 |
| 84660000 | 7055 | 12/19/2025<br> $120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wynn Resorts, Ltd. | 10811788 |
|  |  |  |  | 17487796 |
|  |  |  | &nbsp;&nbsp;&nbsp;**Computers - 0.58%** |  |
| 111540000 | 5070 | 11/21/2025<br> $220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. | 18797025 |
|  |  |  | &nbsp;&nbsp;&nbsp;**Diversified Manufactimg Operations - 0.19%** |  |
| 37449000 | 2774 | 11/21/2025<br> $135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M Co. | 6130540 |
|  |  |  | &nbsp;&nbsp;&nbsp;**E-Commerce / Products - 0.31%** |  |
| 116760000 | 5560 | 11/21/2025<br> $210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc. | 9827300 |
|  |  |  | &nbsp;&nbsp;&nbsp;**E-Commerce / Services - 1.21%** |  |
| 94860000 | 186 | 12/19/2025<br> $5,100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Booking Holdings, Inc. | 9502740 |
| 172296000 | 7179 | 11/21/2025<br> $240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DoorDash, Inc., Class A | 29380057 |
|  |  |  |  | 38882797 |
|  |  |  | &nbsp;&nbsp;&nbsp;**Electronic Component - Semiconductor - 0.66%** |  |
| 106887000 | 3239 | 12/19/2025<br> $330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc. | 9741293 |
| 126756000 | 7042 | 11/21/2025<br> $180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corp. | 11460855 |
|  |  |  |  | 21202148 |
|  |  |  | &nbsp;&nbsp;&nbsp;**Enterprise Software / Services - 0.04%** |  |
| 53244000 | 1972 | 12/19/2025<br> $270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc. | 1291660 |
|  |  |  | &nbsp;&nbsp;&nbsp;**Hotels & Motels - 0.41%** |  |
| 50760000 | 2115 | 1/16/2026<br> $240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Worldwide Holdings, Inc. | 6186375 |
| 54360000 | 2265 | 1/16/2026<br> $240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marriott International, Inc., Class A | 7066800 |
|  |  |  |  | 13253175 |
|  |  |  | &nbsp;&nbsp;&nbsp;**Internet Content - Entertainment - 0.12%** |  |
| 55872000 | 776 | 11/21/2025<br> $720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc., Class A | 3998340 |
|  |  |  | &nbsp;&nbsp;&nbsp;**Web Portals / ISP - 0.49%** |  |
| 53504000 | 2816 | 11/21/2025<br> $190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc., Class A | 15621760 |
|  |  |  | **Total United States (Cost $189,674,038)** | $**191054803** |

---

**Advantage Advisers Xanthus Fund, L.L.C.**

**Schedule of Purchased Options (Unaudited) (concluded)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Notional<br> Amount (USD)** | **Contracts** | **Expiration<br> Date<br> Strike Price** |  | **September 30, 2025<br> Fair Value** |
|  |  |  | **Taiwan – 1.10%** |  |
|  |  |  | &nbsp;&nbsp;&nbsp;**Semiconductor Components - Integrated Circuits - 1.10%** |  |
| $192912000 | 8038 | 11/21/2025<br> $240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co., Ltd. - Sponsored ADR | $35407390 |
|  |  |  | **Total Taiwan (Cost $26,790,842)** | $**35407390** |
|  |  |  | **Total Equity Call Options (Cost $216,464,880)** | $**226462193** |
|  |  |  | **Equity Put Options - 2.64%** |  |
|  |  |  | **United States – 2.64%** |  |
|  |  |  | &nbsp;&nbsp;&nbsp;**Growth & Income - Large Cap - 1.24%** |  |
| 1061522000 | 17402 | 3/20/2026<br> $610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPDR S&P 500 ETF Trust | 21152131 |
| 897346500 | 14591 | 3/20/2026<br> $615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPDR S&P 500 ETF Trust | 18829686 |
|  |  |  |  | 39981817 |
|  |  |  | &nbsp;&nbsp;&nbsp;**Sector Fund - Technology - 1.40%** |  |
| 774717500 | 14215 | 3/20/2026<br> $545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invesco QQQ Trust Series 1 | 19737528 |
| 893106000 | 16092 | 3/20/2026<br> $555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invesco QQQ Trust Series 1 | 25425359 |
|  |  |  |  | 45162887 |
|  |  |  | **Total United States (Cost $89,387,900)** | $**85144704** |
|  |  |  | **Total Equity Put Options (Cost $89,387,900)** | $**85144704** |
|  |  |  | **Total Equity Options (Cost $305,852,780)** | $**311606897** |
|  |  |  | **Currency Put Options - 0.01%** |  |
|  |  |  | **United States – 0.01%** |  |
| 5217010 | 86950162 | 12/19/2025<br> $6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-BRL | 272555 |
| 7594502 | 100589428 | 12/19/2025<br> $7.55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD-CNH | 3272 |
|  |  |  | **Total United States (Cost $3,972,362)** | $**275827** |
|  |  |  | **Total Currency Put Options (Cost $3,972,362)** | $**275827** |
|  |  |  | **Total Purchased Options (Cost $309,825,142)** | $**311882724** |

---

---

| | |
|:---|:---|
| BRL | Brazilian Real |
| CNH | Chinese Renminbi Yuan |
| ETF | Exchange-Traded Fund |
| SPDR | Standard & Poor's Depository Receipt |
| USD | United States Dollar |

---

**Advantage Advisers Xanthus Fund, L.L.C.**

**Schedule of Securities Sold, Not Yet Purchased (Unaudited)**

---

| | | |
|:---|:---|:---|
| **<u>Shares</u>** |  | **September 30, 2025<br> Fair Value** |
|  | **Securities Sold, Not Yet Purchased – 43.20%** |  |
|  | **Common Stock – 43.20%** |  |
|  | **United States – 33.95%** |  |
|  | &nbsp;&nbsp;&nbsp;**Advertising Agencies – 0.72%** |  |
| 282669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group, Inc. | $23046004 |
|  | &nbsp;&nbsp;&nbsp;**Advertising Services – 0.51%** |  |
| 588337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Interpublic Group of Cos., Inc. | 16420486 |
|  | &nbsp;&nbsp;&nbsp;**Apparel Manufacturers – 0.10%** |  |
| 496660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanesbrands, Inc.\* | 3272989 |
|  | &nbsp;&nbsp;&nbsp;**Appliances – 0.35%** |  |
| 141332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whirlpool Corp. | 11108695 |
|  | &nbsp;&nbsp;&nbsp;**Applications Software – 0.10%** |  |
| 70558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gitlab, Inc., Class A\* | 3180755 |
|  | &nbsp;&nbsp;&nbsp;**Auto - Cars / Light Trucks – 6.35%** |  |
| 1383010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Co. | 16540800 |
| 422484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tesla, Inc.\* | 187887084 |
|  |  | 204427884 |
|  | &nbsp;&nbsp;&nbsp;**Beverages-Non-Alcoholic – 0.68%** |  |
| 70414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Coca-Cola Co. | 4669856 |
| 254140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monster Beverage Corp.\* | 17106163 |
|  |  | 21776019 |
|  | &nbsp;&nbsp;&nbsp;**Brewery – 0.57%** |  |
| 98781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellation Brands, Inc. | 13302837 |
| 112663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Molson Coors Beverage Co. | 5098001 |
|  |  | 18400838 |
|  | &nbsp;&nbsp;&nbsp;**Cable / Satellite TV – 0.84%** |  |
| 98597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charter Communications, Inc., Class A\* | 27124528 |
|  | &nbsp;&nbsp;&nbsp;**Cellular Telecommunications – 1.28%** |  |
| 172344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T-Mobile US, Inc. | 41255707 |
|  | &nbsp;&nbsp;&nbsp;**Commercial Banks – 0.42%** |  |
| 508016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regions Financial Corp. | 13396382 |
|  | &nbsp;&nbsp;&nbsp;**Commercial Services - Finance – 1.73%** |  |
| 190009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Payments, Inc. | 15785948 |
| 416069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H&R Block, Inc. | 21040609 |
| 281656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings, Inc.\* | 18887851 |
|  |  | 55714408 |
|  | &nbsp;&nbsp;&nbsp;**Computer Data Security – 1.00%** |  |
| 190118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortinet, Inc.\* | 15985121 |
| 77959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qualys, Inc.\* | 10316314 |
| 89809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rapid7, Inc.\* | 1683919 |
| 144458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenable Holdings, Inc.\* | 4212395 |
|  |  | 32197749 |
|  | &nbsp;&nbsp;&nbsp;**Computer Services – 1.10%** |  |
| 148779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cognizant Technology Solutions Corp. Class A | 9978608 |
| 84617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gartner, Inc.\* | 22243271 |
| 77732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genpact, Ltd. | 3256193 |
|  |  | 35478072 |

---

**Advantage Advisers Xanthus Fund, L.L.C.**

**Schedule of Securities Sold, Not Yet Purchased (Unaudited) (continued)**

---

| | | |
|:---|:---|:---|
| **<u>Shares</u>** |  | **September 30, 2025<br> Fair Value** |
|  | **Common Stock – (continued)** |  |
|  | **United States – (continued)** |  |
|  | &nbsp;&nbsp;&nbsp;**Computer Software – 1.42%** |  |
| 272361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dropbox, Inc., Class A\* | $8228026 |
| 126750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Technology Select Sector SPDR | 35725755 |
| 79449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Teradata Corp.\* | 1708948 |
|  |  | 45662729 |
|  | &nbsp;&nbsp;&nbsp;**Data Processing / Management – 1.31%** |  |
| 24514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair Isaac Corp.\* | 36685936 |
| 42249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Paychex, Inc. | 5355483 |
|  |  | 42041419 |
|  | &nbsp;&nbsp;&nbsp;**E-Commerce / Products – 0.23%** |  |
| 112662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Etsy, Inc.\* | 7479630 |
|  | &nbsp;&nbsp;&nbsp;**Electric Products - Miscellaneous – 0.35%** |  |
| 84668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emerson Electric Co. | 11106748 |
|  | &nbsp;&nbsp;&nbsp;**Electronic Components - Miscellaneous - 0.79%** |  |
| 59273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hubbell, Inc. | 25505765 |
|  | &nbsp;&nbsp;&nbsp;**Electronic Components - Semiconductors – 2.31%** |  |
| 112663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Advanced Micro Devices, Inc.\* | 18227747 |
| 240694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GLOBALFOUNDRIES, Inc.\* | 8626473 |
| 267573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marvell Technology, Inc. | 22494862 |
| 26923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monolithic Power Systems, Inc. | 24786391 |
|  |  | 74135473 |
|  | &nbsp;&nbsp;&nbsp;**Enterprise Software / Services – 1.87%** |  |
| 225325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc. | 53402024 |
| 28251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Workday, Inc., Class A\* | 6800863 |
|  |  | 60202887 |
|  | &nbsp;&nbsp;&nbsp;**Food - Miscellaneous / Diversified – 1.40%** |  |
| 391035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Campbell Soup Co. | 12348885 |
| 215922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Conagra Brands, Inc. | 3953532 |
| 282642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Mills, Inc. | 14250810 |
| 563633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Kraft Heinz Co. | 14677003 |
|  |  | 45230230 |
|  | &nbsp;&nbsp;&nbsp;**Hotels & Motels – 0.66%** |  |
| 198183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Choice Hotels International, Inc. | 21187745 |
|  | &nbsp;&nbsp;&nbsp;**Investment Management / Advisory Services – 0.86%** |  |
| 324566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin Resources, Inc. | 7507212 |
| 197742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T. Rowe Price Group, Inc. | 20296239 |
|  |  | 27803451 |
|  | &nbsp;&nbsp;&nbsp;**iShares Trust – 0.71%** |  |
| 281656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iShares iBoxx $ High Yield Corporate Bond ETF | 22867651 |
|  | &nbsp;&nbsp;&nbsp;**Machinery - Electric Utility – 0.94%** |  |
| 49289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GE Vernova, Inc. | 30307806 |
|  | &nbsp;&nbsp;&nbsp;**Medical - Biomedical / Genetics – 0.50%** |  |
| 57501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amgen, Inc. | 16226782 |
|  | &nbsp;&nbsp;&nbsp;**Medical - Drugs – 0.59%** |  |
| 101872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Johnson & Johnson | 18889106 |

---

**Advantage Advisers Xanthus Fund, L.L.C.**

**Schedule of Securities Sold, Not Yet Purchased (Unaudited) (continued)**

---

| | | |
|:---|:---|:---|
| **<u>Shares</u>** |  | **September 30, 2025<br> Fair Value** |
|  | **Common Stock – (continued)** |  |
|  | **United States – (continued)** |  |
|  | &nbsp;&nbsp;&nbsp;**Real Estate Management / Services – 0.57%** |  |
| 152580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anywhere Real Estate, Inc.\* | $1615822 |
| 199057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CoStar Group, Inc.\* | 16794439 |
|  |  | 18410261 |
|  | &nbsp;&nbsp;&nbsp;**REITs - Office Property – 0.74%** |  |
| 126253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brandywine Realty Trust | 526475 |
| 538452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Douglas Emmett, Inc. | 8383698 |
| 102192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hudson Pacific Properties, Inc. | 282050 |
| 245359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kilroy Realty Corp. | 10366418 |
| 70665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SL Green Realty Corp. | 4226474 |
|  |  | 23785115 |
|  | &nbsp;&nbsp;&nbsp;**REITs - Storage – 0.51%** |  |
| 56689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Storage | 16374618 |
|  | &nbsp;&nbsp;&nbsp;**Retail - Miscellaneous / Diversified – 0.14%** |  |
| 278261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sally Beauty Holdings, Inc.\* | 4530089 |
|  | &nbsp;&nbsp;&nbsp;**Retail - Regional Department Stores – 0.43%** |  |
| 408790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kohl's Corp. | 6283102 |
| 411520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Macy's, Inc. | 7378554 |
|  |  | 13661656 |
|  | &nbsp;&nbsp;&nbsp;**Semiconductor Equipment – 1.37%** |  |
| 214763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Applied Materials Inc. | 43970576 |
|  | &nbsp;&nbsp;&nbsp;**Telephone - Integrated – 0.50%** |  |
| 316863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AT&T, Inc. | 8948211 |
| 170242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications, Inc. | 7482136 |
|  |  | 16430347 |
|  | **Total United States (Proceeds $1,103,331,102)** | $**1092610600** |
|  | **Belgium – 0.16%** |  |
|  | &nbsp;&nbsp;&nbsp;**Brewery – 0.16%** |  |
| 84497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anheuser-Busch InBev SA/NV ADR | 5036866 |
|  | **Total Belgium (Proceeds $4,914,576)** | $**5036866** |
|  | **Canada – 0.89%** |  |
|  | &nbsp;&nbsp;&nbsp;**Electronic Components - Miscellaneous – 0.76%** |  |
| 98580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celestica, Inc.\* | 24288140 |
|  | &nbsp;&nbsp;&nbsp;**Enterprise Software / Services – 0.13%** |  |
| 114707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Open Text Corp. | 4287748 |
|  | &nbsp;&nbsp;&nbsp;**Medical - Drugs – 0.00%** |  |
| 5010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canopy Growth Corp.\* | 7315 |
|  | **Total Canada (Proceeds $28,541,194)** | $**28583203** |

---

**Advantage Advisers Xanthus Fund, L.L.C.**

**Schedule of Securities Sold, Not Yet Purchased (Unaudited) (continued)**

---

| | | |
|:---|:---|:---|
| **<u>Shares</u>** |  | **September 30, 2025<br> Fair Value** |
|  | **Common Stock – (continued)** |  |
|  | **China – 1.54%** |  |
|  | &nbsp;&nbsp;&nbsp;**Auto - Cars / Light Trucks – 0.52%** |  |
| 638025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NIO, Inc. - Sponsored ADR\* | $4861751 |
| 501718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPeng, Inc. - Sponsored ADR\* | 11750236 |
|  |  | 16611987 |
|  | &nbsp;&nbsp;&nbsp;**Internet Content - Information / Network – 0.79%** |  |
| 410420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bilibili, Inc. - Sponsored ADR\* | 11528698 |
| 1269600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kuaishou Technology | 13804966 |
|  |  | 25333664 |
|  | &nbsp;&nbsp;&nbsp;**Retail - Drug Stores – 0.05%** |  |
| 664645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ping An Healthcare and Technology Co., Ltd. | 1564142 |
|  | &nbsp;&nbsp;&nbsp;**Wireless Equipment – 0.18%** |  |
| 846600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Xiaomi Corp., Class A\* | 5875842 |
|  | **Total China (Proceeds $36,643,161)** | $**49385635** |
|  | **France – 0.89%** |  |
|  | &nbsp;&nbsp;&nbsp;**Computer Services – 0.42%** |  |
| 92534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capgemini SE | 13433276 |
|  | &nbsp;&nbsp;&nbsp;**Cosmetics & Toiletries – 0.47%** |  |
| 35206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;L'Oreal SA | 15243758 |
|  | **Total France (Proceeds $33,046,157)** | $**28677034** |
|  | **Germany – 0.13%** |  |
|  | &nbsp;&nbsp;&nbsp;**Auto - Cars / Light Trucks – 0.13%** |  |
| 42335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bayerische Motoren Werke AG | 4250095 |
|  | **Total Germany (Proceeds $3,741,912)** | $**4250095** |
|  | **Hong Kong – 0.10%** |  |
|  | &nbsp;&nbsp;&nbsp;**Electric - Integrated – 0.10%** |  |
| 523000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Power Assets Holdings, Ltd. | 3312611 |
|  | **Total Hong Kong (Proceeds $3,529,239)** | $**3312611** |
|  | **India – 0.14%** |  |
|  | &nbsp;&nbsp;&nbsp;**Computer Services – 0.14%** |  |
| 281656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Infosys, Ltd. - Sponsored ADR | 4582543 |
|  | **Total India (Proceeds $4,902,907)** | $**4582543** |
|  | **Ireland – 1.19%** |  |
|  | &nbsp;&nbsp;&nbsp;**Computer Services – 0.70%** |  |
| 91736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accenture PLC, Class A | 22622098 |
|  | &nbsp;&nbsp;&nbsp;**Power convertor / Supply equipment – 0.49%** |  |
| 42248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eaton Corp PLC | 15811314 |
|  | **Total Ireland (Proceeds $42,068,109)** | $**38433412** |

---

**Advantage Advisers Xanthus Fund, L.L.C.**

**Schedule of Securities Sold, Not Yet Purchased (Unaudited) (concluded)**

---

| | | |
|:---|:---|:---|
| **<u>Shares</u>** |  | **September 30, 2025<br> Fair Value** |
|  | **Common Stock – (continued)** |  |
|  | **Israel – 1.03%** |  |
|  | &nbsp;&nbsp;&nbsp; **Application Software – 0.28%** |  |
| 45982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monday.com, Ltd.\* | $8906254 |
|  | &nbsp;&nbsp;&nbsp;**Auto / Truck Parts & Equipment - Original – 0.12%** |  |
| 270647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mobileye Global, Inc., Class A\* | 3821536 |
|  | &nbsp;&nbsp;&nbsp;**Computer Data Security – 0.63%** |  |
| 98781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Check Point Software Technologies, Ltd.\* | 20438777 |
|  | **Total Israel (Proceeds $31,841,233)** | $**33166567** |
|  | **Netherlands – 1.57%** |  |
|  | &nbsp;&nbsp;&nbsp;**Semiconductor Components - Integrated Circuits – 0.40%** |  |
| 56532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NXP Semiconductors NV | 12874032 |
|  | &nbsp;&nbsp;&nbsp;**Semiconductor Equipment – 1.17%** |  |
| 38793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASML Holding NV | 37555115 |
|  | **Total Netherlands (Proceeds $42,721,257)** | $**50429147** |
|  | **Switzerland – 0.62%** |  |
|  | &nbsp;&nbsp;&nbsp;**Medical - Drugs – 0.62%** |  |
| 154974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novartis AG - Sponsored ADR | 19873866 |
|  | **Total Switzerland (Proceeds $15,642,324)** | $**19873866** |
|  | **United Kingdom – 0.99%** |  |
|  | &nbsp;&nbsp;&nbsp;**Electronic Components - Semiconductors – 0.99%** |  |
| 225739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARM Holdings PLC - Sponsored ADR\* | 31939811 |
|  | **Total United Kingdom (Proceeds $32,120,591)** | $**31939811** |
|  | **Total Common Stock (Proceeds $1,383,043,762)** | $**1390281390** |
|  | **Total Securities Sold, Not Yet Purchased (Proceeds $1,383,043,762)** | $**1390281390** |
| \* | Non-income producing security |  |
| ADR | American Depository Receipt |  |
| ETF | Exchange-Traded Fund |  |
| REIT | Real Estate Investment Trust |  |

---

**Advantage Advisers Xanthus Fund, L.L.C.** 

**Schedule of Swap Contracts (Unaudited)** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;Industry | Reference<br> Company | Counterparty | Expiration<br> Date | Trade Date | Spread\* | Payment<br> Frequency | Number of<br> Contracts<br> Long/<br> (Short) | Notional Amount | Unrealized Gain\*\* |
| **Swap Contracts - 7.33%** | **Swap Contracts - 7.33%** | **Swap Contracts - 7.33%** | **Swap Contracts - 7.33%** |  |  |  |  |  |  |
| **Total Return Swap Contracts - Unrealized Gain - 7.82%** |  |  |  |  |  |  |  |  |  |
| **United States - 5.14%** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Private Equity | The Carlyle Group, Inc. | Morgan Stanley | 06/03/2027 | 11/16/2017 | +0.45% | Termination | 503933 | $9271574 | $24091992 |
| &nbsp;&nbsp;&nbsp;Web Portals / ISP | Alphabet, Inc., Class A | Morgan Stanley | 06/03/2027 | 07/08/2011 | +0.45% | Termination | 778800 | 41282948 | 141312220 |
| **Total United States** |  |  |  |  |  |  |  | $**50554522** | $**165404212** |
| **Japan - 0.21%** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Audio / Video Products | Sharp Corp. | Morgan Stanley | 12/24/2026 | 08/03/2012 | -0.40% | Termination | (1047900) | (9745536) | 5018013 |
| &nbsp;&nbsp;&nbsp;Office Automation & Equipment | Ricoh Co., Ltd. | Morgan Stanley | 12/24/2026 | 05/24/2012 | -0.40% | Termination | (821200) | (7165484) | 27277 |
| &nbsp;&nbsp;&nbsp;Semiconductor Equipment | Tokyo Electron, Ltd. | Morgan Stanley | 12/24/2026 | 11/10/2020 | -0.40% | Termination | (309900) | (56138112) | 1733050 |
| **Total Japan** |  |  |  |  |  |  |  | $**(73049132)** | $**6778340** |
| **Spain - 0.13%** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Building - Heavy Construction | Cellnex Telecom SA | Morgan Stanley | 01/04/2027 | 05/06/2015 | +0.65% | Termination | 353302 | 6469606 | 4060195 |
| **Total Spain** |  |  |  |  |  |  |  | $**6469606** | $**4060195** |
| **Sweden - 0.03%** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Auto - Cars / Light Trucks | Volvo Car AB, Class B\* | Morgan Stanley | 01/04/2027 | 10/24/2022 | -3.25% | Termination | (686317) | (2328975) | $1039055 |
| **Total United Kingdom** |  |  |  |  |  |  |  | $**(2328975)** | $**1039055** |
| **Taiwan - 0.59%** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Electronic Components - Miscellaneous | AUO Corp. | Morgan Stanley | 01/27/2027 | 07/26/2012 | -0.63% | Termination | (2649200) | (1838231) | 261716 |
| &nbsp;&nbsp;&nbsp;Power Conversion / Supply Equipment | Delta Electronics, Inc. | Morgan Stanley | 01/27/2027 | 06/14/2023 | +1.25% | Termination | 1079000 | 11510668 | 17991697 |
| &nbsp;&nbsp;&nbsp;Semiconductor Components - Integrated Circuits | United Microelectronics Corp. | Morgan Stanley | 01/27/2027 | 08/08/2013 | -3.63% | Termination | (8866000) | (15068489) | 701759 |
| **Total Taiwan** |  |  |  |  |  |  |  | $**(5396052)** | $**18955172** |
| **United Kingdom - 1.72%** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Aerospace / Defense | Rolls-Royce Holdings PLC | Morgan Stanley | 12/16/2026 | 05/28/2024 | +0.65% | Termination | 6154923 | 42009154 | 55017285 |
| &nbsp;&nbsp;&nbsp;Food - Retail | Marks & Spencer Group PLC | Morgan Stanley | 12/16/2026 | 02/16/2016 | -0.30% | Termination | (864523) | (4396640) | 259847 |
| **Total United Kingdom** | **Total United Kingdom** | **Total United Kingdom** |  |  |  |  |  | $**37612514** | $**55277132** |
| **Total Return Swap Contracts - Unrealized Gain\*\*\*** |  |  |  |  |  |  |  | $**13862483** | $**251514106** |

---

**Advantage Advisers Xanthus Fund, L.L.C.** 

**Schedule of Swap Contracts (Unaudited)(concluded)** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;Industry | Reference<br> Company | Counterparty | Expiration<br> Date | Trade Date | Spread\* | Payment<br> Frequency | Number of<br> Contracts<br> Long/<br> (Short) | Notional Amount | Unrealized Loss\*\* |
| **Swap Contracts - (continued)** | **Swap Contracts - (continued)** | **Swap Contracts - (continued)** | **Swap Contracts - (continued)** |  |  |  |  |  |  |
| **Total Return Swap Contracts - Unrealized Loss - (0.49%)** |  |  |  |  |  |  |  |  |  |
| **Australia - (0.04%)** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Commer Banks Non-US | Commonwealth Bank of Australia | Morgan Stanley | 12/29/2026 | 02/24/2016 | -0.40% | Termination | (141116) | $(14232756) | $(1441639) |
| **Total Australia** |  |  |  |  |  |  |  | $**(14232756)** | $**(1441639)** |
| **Brazil - (0.09%)** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Finance - Other Services | B3 SA-Brasil Bolsa Balcao | Morgan Stanley | 02/03/2026 | 01/30/2019 | 1.00% | Termination | 7561500 | 20365724 | (3149930) |
| **Total Brazil** |  |  |  |  |  |  |  | $**20365724** | $**(3149930)** |
| **Japan - (0.32%)** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Office Automation & Equipment | Canon, Inc. | Morgan Stanley | 12/24/2026 | 03/31/2020 | -0.40% | Termination | (939500) | (25059526) | (2417252) |
| &nbsp;&nbsp;&nbsp;Photo Equipment & Supplies | Nikon Corp. | Morgan Stanley | 12/24/2026 | 10/29/2013 | -0.40% | Termination | (298600) | (3019323) | (489239) |
| &nbsp;&nbsp;&nbsp;Semiconductor Equipment | Advantest Corp. | Morgan Stanley | 12/24/2026 | 08/26/2011 | -0.40% | Termination | (77300) | (3869340) | (3724166) |
| &nbsp;&nbsp;&nbsp;Semiconductor Equipment | Lasertec Corp. | Morgan Stanley | 12/24/2026 | 06/23/2025 | -0.40% | Termination | (190100) | (22969913) | (3085933) |
| **Total Japan** |  |  |  |  |  |  |  | $**(54918102)** | $**(9716590)** |
| **United Kingdom - (0.04%)** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Cosmetics & Toiletries | Unilever PLC | Morgan Stanley | 01/04/2027 | 12/23/2019 | -0.35% | Termination | (245024) | $(13358675) | $(1165727) |
| **Total United Kingdom** | **Total United Kingdom** | **Total United Kingdom** |  |  |  |  |  | $**(13358675)** | $**(1165727)** |
| **Total Return Swap Contracts - Unrealized Loss\*\*\*\*** |  |  |  |  |  |  |  | $**(62143809)** | $**(15473886)** |
| **Total Swap Contracts - net** | **Total Swap Contracts - net** | **Total Swap Contracts - net** | **Total Swap Contracts - net** |  |  |  |  | $**(48281326)** | $**236040220** |

---

---

| | |
|:---|:---|
| \* | The financing rate is based on the Daily Fed Funds Effective Rate of 4.09% +/- the Spread. The financing rate is variable and the rate is indicated as of September 30, 2025. |
| \*\* | The fair value of the Total Return Swap Contracts is the same as the unrealized gain/loss. For this reason fair value has not been seperately shown. Additionally, there were no upfront payments or receipts related to any of the Total Return Swap Contracts. |
| \*\*\* | Includes all Total Return Swap Contracts in a gain position. The unrealized gain on these contracts are included as part of unrealized gain on Total Return Swap Contracts in the Statement of Assets, Liabilities, and Members' Capital. |
| \*\*\*\* | Includes all Total Return Swap Contracts in a loss position. The unrealized loss on these contracts are included as part of unrealized loss on Total Return Swap Contracts in the Statement of Assets, Liabilities, and Members' Capital. |

---

**The following is a summary of the inputs used, as of September 30, 2025, in valuing the Company's investments at fair value**

---

| | | | |
|:---|:---|:---|:---|
| **<u>Assets:</u>** | | **<u>Liabilities:</u>** | |
| **<u>Valuation Inputs</u>** |  | **<u>Valuation Inputs</u>** |  |
| Level 1 - Quoted Prices |  | Level 1 - Quoted Prices |  |
| &nbsp;&nbsp;&nbsp;Investments in Securities |  | &nbsp;&nbsp;&nbsp;Securities Sold, Not Yet Purchased |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Stock | $3319031221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stock | $1390281390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equity Options | 311606897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equity Options |  |
| Level 2 - Other Significant |  | Level 2 - Other Significant |  |
| &nbsp;&nbsp;&nbsp;Observable Inputs |  | &nbsp;&nbsp;&nbsp;Observable Inputs |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Return Swaps | 251514106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Return Swaps | 15473886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Currency Options | 275827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Currency Options |  |
| Level 3 - Other Significant |  | Level 3 - Other Significant |  |
| &nbsp;&nbsp;&nbsp; Unobservable Inputs | – | &nbsp;&nbsp;&nbsp; Unobservable Inputs | – |
| Total | $3882428051 | Total | $1405755276 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Advantage Advisers Xanthus Fund, L.L.C.

- **b. Investment Company Act file number:** 811-09205

- **c. CIK number of Registrant:** 0001076673

- **d. LEI of Registrant:** 54930075C2CH854P7245

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 85 Broad Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10004

  - **Telephone number:** 212-667-4225

**Item A.2. Information about the Series.**

- **a. Name of Series:** Advantage Advisers Xanthus Fund, L.L.C.

- **c. LEI of Series:** 54930075C2CH854P7245

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $4724246401.00

**Total Liabilities:** $1506069913.00

**Net Assets:** $3218176488.00

**Cash Not Reported:** $57539470.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C999999999 | 4.94%                | -1.31%               | 5.05%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $69179299.20             | $29256025.33                               |
| Month 2  | $-13582281.66            | $-9381452.69                               |
| Month 3  | $16780389.10             | $84243937.01                               |

**Designated Index Information**

- **Index Name:** MSCI World Index

- **Index Identifier:** MXWO

### Schedule of Portfolio Investments

| Name                                              | Title             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)    | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Invesco QQQ Trust Series 1                        | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     14215 | NC      | $19737527.50   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust Series 1                        | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     16092 | NC      | $25425360.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corporation                       | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      6343 | NC      | $6676007.50    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc                        | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      2265 | NC      | $7066800.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       776 | NC      | $3998340.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                    | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      4163 | NC      | $17859270.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                       | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      7042 | NC      | $11460855.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                    | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1972 | NC      | $1291660.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 500 ETF Trust                            | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     17402 | NC      | $21152131.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 500 ETF Trust                            | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     14591 | NC      | $18829685.50   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd         | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | TW        |      8038 | NC      | $35407390.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                         | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      7041 | NC      | $26702992.50   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts, Limited                             | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      7055 | NC      | $10811787.50   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FXOPTION USD CALL/BRL PUT STR 6.00 EXP 12/19/2025 | Currency Option   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |  86950162 | NC      | $272555.44     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FXOPTION USD CALL/CNH PUT STR 7.55 EXP 12/19/2025 | Currency Option   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        | 100589428 | NC      | $3271.62       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev SA                           | Common Stock      | CUSIP: 03524A108<br>LEI: 5493008H3828EMEXB082 | Short            | EC               | CORP              | BE        |    -84497 | NS      | $-5036866.17   | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Argenx SE                                         | Common Stock      | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |     24733 | NS      | $18242071.48   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| ARM Holdings PLC                                  | Common Stock      | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Short            | EC               | CORP              | GB        |   -225739 | NS      | $-31939811.11  | -0.99%            |  |  |  | No            |                  1 | On Loan: No      |
| Bilibili Inc                                      | Common Stock      | CUSIP: 090040106<br>LEI: 5493008V60M52L3PIS45 | Short            | EC               | CORP              | CN        |   -410420 | NS      | $-11528697.80  | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Full Truck Alliance Co Ltd                        | Common Stock      | CUSIP: 35969L108<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   1997523 | NS      | $25907873.31   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                                       | Common Stock      | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Short            | EC               | CORP              | IN        |   -281656 | NS      | $-4582543.12   | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                                        | Common Stock      | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |    354468 | NS      | $12399290.64   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| KE Holdings Inc                                   | Common Stock      | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | CN        |    302409 | NS      | $5745771.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| New Oriental Education & Technology Group Inc     | Common Stock      | CUSIP: 647581206<br>LEI: 529900NHZVBZQZ8EKN29 | Long             | EC               | CORP              | CN        |    203852 | NS      | $10818425.64   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| NIO Inc                                           | Common Stock      | CUSIP: 62914V106<br>LEI: 549300JBU4TV5OCKJV96 | Short            | EC               | CORP              | CN        |   -638025 | NS      | $-4861750.50   | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                       | Common Stock      | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Short            | EC               | CORP              | CH        |   -154974 | NS      | $-19873865.76  | -0.62%            |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd         | Common Stock      | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    710832 | NS      | $198528269.28  | 6.17%             |  |  |  | No            |                  1 | On Loan: No      |
| XPeng Inc                                         | Common Stock      | CUSIP: 98422D105<br>LEI: 549300TZNMIREMWQU857 | Short            | EC               | CORP              | CN        |   -501718 | NS      | $-11750235.56  | -0.37%            |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                     | Common Stock      | CUSIP: G1151C101<br>LEI: 549300JY6CF6DO4YFQ03 | Short            | EC               | CORP              | IE        |    -91736 | NS      | $-22622097.60  | -0.70%            |  |  |  | No            |                  1 | On Loan: No      |
| adidas AG                                         | Common Stock      | CUSIP: N/A<br>LEI: 549300JSX0Z4CW0V5023       | Long             | EC               | CORP              | DE        |     89659 | NS      | $18899668.88   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc                        | Common Stock      | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Short            | EC               | CORP              | US        |   -112663 | NS      | $-18227746.77  | -0.57%            |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                                         | Common Stock      | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | FR        |    700083 | NS      | $162380751.53  | 5.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Akero Therapeutics Inc                            | Common Stock      | CUSIP: 00973Y108<br>LEI: 549300SI3KG74LBE2955 | Long             | EC               | CORP              | US        |    256627 | NS      | $12184649.96   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                    | Common Stock      | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    748916 | NS      | $164439486.12  | 5.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                         | Common Stock      | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Short            | EC               | CORP              | US        |    -57501 | NS      | $-16226782.20  | -0.50%            |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                                     | Common Stock      | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    563192 | NS      | $69695010.00   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                                | Common Stock      | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |    391405 | NS      | $96168208.50   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Anywhere Real Estate Inc                          | Common Stock      | CUSIP: 75605Y106<br>LEI: 5493004HBTOTE9DI9P12 | Short            | EC               | CORP              | US        |   -152580 | NS      | $-1615822.20   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                             | Common Stock      | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Short            | EC               | CORP              | US        |   -214763 | NS      | $-43970576.62  | -1.37%            |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                   | Common Stock      | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Short            | EC               | CORP              | NL        |    -38793 | NS      | $-37555115.37  | -1.17%            |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                          | Common Stock      | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Short            | EC               | CORP              | US        |   -316863 | NS      | $-8948211.12   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Bayerische Motoren Werke AG                       | Common Stock      | CUSIP: N/A<br>LEI: YEH5ZCD6E441RHVHD759       | Short            | EC               | CORP              | DE        |    -42335 | NS      | $-4250095.31   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| BioCryst Pharmaceuticals Inc                      | Common Stock      | CUSIP: 09058V103<br>LEI: 549300Z0INP1Z5NP6J59 | Long             | EC               | CORP              | US        |    770076 | NS      | $5844876.84    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                         | Common Stock      | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |    124288 | NS      | $8982293.76    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc                             | Common Stock      | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |     74086 | NS      | $18854887.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc                              | Common Stock      | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |    222687 | NS      | $41056802.19   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD Co Ltd                                        | Common Stock      | CUSIP: N/A<br>LEI: 5299005557VL7ULJ7A69       | Long             | EC               | CORP              | CN        |   1569000 | NS      | $22222996.26   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc                        | Common Stock      | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    215870 | NS      | $75826496.20   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City Ltd                  | Common Stock      | CUSIP: 13646K108<br>LEI: 54930036474DURYNB481 | Long             | EC               | CORP              | CA        |    286766 | NS      | $21361199.34   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Canopy Growth Corp                                | Common Stock      | CUSIP: 138035704<br>LEI: 529900CSD7NH1UBC9X07 | Short            | EC               | CORP              | CA        |     -5010 | NS      | $-7314.60      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Capgemini SE                                      | Common Stock      | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Short            | EC               | CORP              | FR        |    -92534 | NS      | $-13433276.45  | -0.42%            |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Group Inc/The                             | Common Stock      | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |    321007 | NS      | $20127138.90   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Celestica Inc                                     | Common Stock      | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Short            | EC               | CORP              | CA        |    -98580 | NS      | $-24288140.40  | -0.75%            |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc                        | Common Stock      | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Short            | EC               | CORP              | US        |    -98597 | NS      | $-27124527.73  | -0.84%            |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technologies Ltd             | Common Stock      | CUSIP: M22465104<br>LEI: N/A                  | Short            | EC               | CORP              | IL        |    -98781 | NS      | $-20438776.71  | -0.64%            |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                        | Common Stock      | CUSIP: 169656105<br>LEI: 5493007DZOMUBASCBX97 | Long             | EC               | CORP              | US        |     70485 | NS      | $2762307.15    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Choice Hotels International Inc                   | Common Stock      | CUSIP: 169905106<br>LEI: 5493003CYRY5RFGTIR97 | Short            | EC               | CORP              | US        |   -198183 | NS      | $-21187744.53  | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                                       | Common Stock      | CUSIP: 172908105<br>LEI: 549300QVUQTTKMTE0G41 | Long             | EC               | CORP              | US        |     33248 | NS      | $6824484.48    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                                  | Common Stock      | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Short            | EC               | CORP              | US        |    -70414 | NS      | $-4669856.48   | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp               | Common Stock      | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Short            | EC               | CORP              | US        |   -148779 | NS      | $-9978607.53   | -0.31%            |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc                                | Common Stock      | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Short            | EC               | CORP              | US        |   -215922 | NS      | $-3953531.82   | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc                          | Common Stock      | CUSIP: 21036P108<br>LEI: BQ09QWZNPOIXZRTDFO83 | Short            | EC               | CORP              | US        |    -98781 | NS      | $-13302837.27  | -0.41%            |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp                         | Common Stock      | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |    146370 | NS      | $48165975.90   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group Inc                                  | Common Stock      | CUSIP: 22160N109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -199057 | NS      | $-16794439.09  | -0.52%            |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                           | Common Stock      | CUSIP: G25508105<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |    237155 | NS      | $28434884.50   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                             | Common Stock      | CUSIP: N/A<br>LEI: 549300TJB5YBRUPOG437       | Long             | EC               | CORP              | US        |    219804 | NS      | $31161613.08   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Dropbox Inc                                       | Common Stock      | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Short            | EC               | CORP              | US        |   -272361 | NS      | $-8228025.81   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                                    | Common Stock      | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Short            | EC               | CORP              | US        |    -42248 | NS      | $-15811314.00  | -0.49%            |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co                               | Common Stock      | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Short            | EC               | CORP              | US        |    -84668 | NS      | $-11106748.24  | -0.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                                      | Common Stock      | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |    422977 | NS      | $39417226.63   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Etsy Inc                                          | Common Stock      | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Short            | EC               | CORP              | US        |   -112662 | NS      | $-7479630.18   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                                 | Common Stock      | CUSIP: 30212P303<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | EC               | CORP              | US        |    342065 | NS      | $73116393.75   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                                   | Common Stock      | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Short            | EC               | CORP              | US        |    -24514 | NS      | $-36685936.42  | -1.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co                                     | Common Stock      | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Short            | EC               | CORP              | US        |  -1383010 | NS      | $-16540799.60  | -0.51%            |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                                      | Common Stock      | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Short            | EC               | CORP              | US        |   -190118 | NS      | $-15985121.44  | -0.50%            |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Resources Inc                            | Common Stock      | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Short            | EC               | CORP              | US        |   -324566 | NS      | $-7507211.58   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Entertainment Group Ltd                    | Common Stock      | CUSIP: N/A<br>LEI: 549300ZSEBV3HR826S10       | Long             | EC               | CORP              | HK        |   2322000 | NS      | $12797203.23   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc                                       | Common Stock      | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Short            | EC               | CORP              | US        |    -84617 | NS      | $-22243270.79  | -0.69%            |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                                    | Common Stock      | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Short            | EC               | CORP              | US        |    -49289 | NS      | $-30307806.10  | -0.94%            |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                               | Common Stock      | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    100442 | NS      | $30214962.44   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills Inc                                 | Common Stock      | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Short            | EC               | CORP              | US        |   -282642 | NS      | $-14250809.64  | -0.44%            |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd                                       | Common Stock      | CUSIP: G3922B107<br>LEI: 529900OSEC6Q0L4L5B35 | Short            | EC               | CORP              | BM        |    -77732 | NS      | $-3256193.48   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Gitlab Inc                                        | Common Stock      | CUSIP: 37637K108<br>LEI: 9845004Y40FACG81ED49 | Short            | EC               | CORP              | US        |    -70558 | NS      | $-3180754.64   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                               | Common Stock      | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Short            | EC               | CORP              | US        |   -190009 | NS      | $-15785947.72  | -0.49%            |  |  |  | No            |                  1 | On Loan: No      |
| GLOBALFOUNDRIES Inc                               | Common Stock      | CUSIP: G39387108<br>LEI: 549300BA76VK784VMX48 | Short            | EC               | CORP              | US        |   -240694 | NS      | $-8626472.96   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| H&R Block Inc                                     | Common Stock      | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Short            | EC               | CORP              | US        |   -416069 | NS      | $-21040609.33  | -0.65%            |  |  |  | No            |                  1 | On Loan: No      |
| Hanesbrands Inc                                   | Common Stock      | CUSIP: 410345102<br>LEI: GX5LWVWZLL5S4W1L2F20 | Short            | EC               | CORP              | US        |   -496660 | NS      | $-3272989.40   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                                       | Common Stock      | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Short            | EC               | CORP              | US        |    -59273 | NS      | $-25505764.63  | -0.79%            |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                                        | Common Stock      | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |     71674 | NS      | $10321772.74   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc                     | Common Stock      | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    248414 | NS      | $41852790.72   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpublic Group of Cos Inc/The                  | Common Stock      | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Short            | EC               | CORP              | US        |   -588337 | NS      | $-16420485.67  | -0.51%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares iBoxx $ High Yield Corporate Bond ETF     | Common Stock      | CUSIP: 464288513<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -281656 | NS      | $-22867650.64  | -0.71%            |  |  |  | No            |                  1 | On Loan: No      |
| Mobileye Global Inc                               | Common Stock      | CUSIP: 60741F104<br>LEI: N/A                  | Short            | EC               | CORP              | IL        |   -270647 | NS      | $-3821535.64   | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Co                          | Common Stock      | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Short            | EC               | CORP              | US        |   -112663 | NS      | $-5098000.75   | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Monday.com Ltd                                    | Common Stock      | CUSIP: M7S64H106<br>LEI: N/A                  | Short            | EC               | CORP              | IL        |    -45982 | NS      | $-8906253.58   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc                      | Common Stock      | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Short            | EC               | CORP              | US        |    -26923 | NS      | $-24786390.72  | -0.77%            |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                           | Common Stock      | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     44435 | NS      | $15386063.10   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                                 | Common Stock      | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |   1342516 | NS      | $156830705.35  | 4.87%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp                              | Common Stock      | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Short            | EC               | CORP              | US        |    -70665 | NS      | $-4226473.65   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Sony Financial Group Inc                          | Common Stock      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   4081000 | NS      | $4531834.67    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                                   | Common Stock      | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |   4081000 | NS      | $117689535.17  | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc                    | Common Stock      | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    248885 | NS      | $22091032.60   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| StandardAero Inc                                  | Common Stock      | CUSIP: 85423L103<br>LEI: 5493009OPX2JEODFJD19 | Long             | EC               | CORP              | US        |    279888 | NS      | $7638143.52    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                      | Common Stock      | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     90305 | NS      | $44555583.95   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Group Inc                            | Common Stock      | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Short            | EC               | CORP              | US        |   -197742 | NS      | $-20296238.88  | -0.63%            |  |  |  | No            |                  1 | On Loan: No      |
| Technology Select Sector SPDR Fund                | Common Stock      | CUSIP: 81369Y803<br>LEI: 549300BR5T0JNM2MW070 | Short            | EC               | CORP              | US        |   -126750 | NS      | $-35725755.00  | -1.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings Inc                              | Common Stock      | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Short            | EC               | CORP              | US        |   -144458 | NS      | $-4212395.28   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Teradata Corp                                     | Common Stock      | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Short            | EC               | CORP              | US        |    -79449 | NS      | $-1708947.99   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc                                      | Common Stock      | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |    403576 | NS      | $55548200.64   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                         | Common Stock      | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Short            | EC               | CORP              | US        |   -422484 | NS      | $-187887084.48 | -5.84%            |  |  |  | No            |                  1 | On Loan: No      |
| Campbell's Company/The                            | Common Stock      | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Short            | EC               | CORP              | US        |   -391035 | NS      | $-12348885.30  | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                                   | Common Stock      | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    461594 | NS      | $66718796.76   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                                   | Common Stock      | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Short            | EC               | CORP              | US        |   -172344 | NS      | $-41255706.72  | -1.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Toast Inc                                         | Common Stock      | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |     57444 | NS      | $2097280.44    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc                               | Common Stock      | CUSIP: 893641100<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | EC               | CORP              | US        |     26874 | NS      | $35420469.48   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                                       | Common Stock      | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |    212309 | NS      | $41595579.28   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co                               | Common Stock      | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |    204724 | NS      | $62977196.88   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp                                    | Common Stock      | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Short            | EC               | CORP              | US        |   -141332 | NS      | $-11108695.20  | -0.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                       | Common Stock      | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Short            | EC               | CORP              | US        |    -28251 | NS      | $-6800863.23   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Xiaomi Corp                                       | Common Stock      | CUSIP: N/A<br>LEI: N/A                        | Short            | EC               | CORP              | CN        |   -846600 | NS      | $-5875841.85   | -0.18%            |  |  |  | Yes           |                  1 | On Loan: No      |
| Yum! Brands Inc                                   | Common Stock      | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |     68086 | NS      | $10349072.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                               | Common Stock      | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     62077 | NS      | $11938648.64   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust                           | Common Stock      | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Short            | EC               | CORP              | US        |   -126253 | NS      | $-526475.01    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett Inc                                | Common Stock      | CUSIP: 25960P109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -538452 | NS      | $-8383697.64   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                                       | Common Stock      | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     33455 | NS      | $26203294.20   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson Pacific Properties Inc                     | Common Stock      | CUSIP: 444097109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -102192 | NS      | $-282049.92    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp                                | Common Stock      | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Short            | EC               | CORP              | US        |   -245359 | NS      | $-10366417.75  | -0.32%            |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                    | Common Stock      | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Short            | EC               | CORP              | US        |    -56689 | NS      | $-16374617.65  | -0.51%            |  |  |  | No            |                  1 | On Loan: No      |
| Advantest Corp                                    | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        |  -3869340 | OU      | $-3724166.47   | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| Alphabet Inc                                      | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |  41282948 | OU      | $141312220.60  | 4.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Auo Corp                                          | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | TW        |  -1838231 | OU      | $261716.09     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                 | Common Stock      | CUSIP: 478160104<br>LEI: 549300B4982VTEEFO594 | Short            | EC               | CORP              | US        |   -101872 | NS      | $-18889106.24  | -0.59%            |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc                | Common Stock      | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |     87492 | NS      | $9619745.40    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Keros Therapeutics Inc                            | Common Stock      | CUSIP: 492327101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    120198 | NS      | $1901532.36    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                          | Common Stock      | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     92546 | NS      | $99820115.60   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohl's Corp                                       | Common Stock      | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Short            | EC               | CORP              | US        |   -408790 | NS      | $-6283102.30   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co/The                                | Common Stock      | CUSIP: 500754106<br>LEI: 5493003STKEZ2S0RNU91 | Short            | EC               | CORP              | US        |   -563633 | NS      | $-14677003.32  | -0.46%            |  |  |  | No            |                  1 | On Loan: No      |
| Kuaishou Technology                               | Common Stock      | CUSIP: N/A<br>LEI: N/A                        | Short            | EC               | CORP              | CN        |  -1269600 | NS      | $-13804966.30  | -0.43%            |  |  |  | Yes           |                  1 | On Loan: No      |
| Lam Research Corp                                 | Common Stock      | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    860255 | NS      | $115188144.50  | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| L'Oreal SA                                        | Common Stock      | CUSIP: N/A<br>LEI: 529900JI1GG6F7RKVI53       | Short            | EC               | CORP              | FR        |    -35206 | NS      | $-15243757.91  | -0.47%            |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                                    | Common Stock      | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     91599 | NS      | $23019744.69   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Macy's Inc                                        | Common Stock      | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Short            | EC               | CORP              | US        |   -411520 | NS      | $-7378553.60   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Madrigal Pharmaceuticals Inc                      | Common Stock      | CUSIP: 558868105<br>LEI: 549300CHIMT2EUSNJB60 | Long             | EC               | CORP              | US        |     16899 | NS      | $7750895.34    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc                     | Common Stock      | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |    101724 | NS      | $64114602.72   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                            | Common Stock      | CUSIP: 573874104<br>LEI: 8DF36O58U3QIHUCGZB18 | Short            | EC               | CORP              | US        |   -267573 | NS      | $-22494862.11  | -0.70%            |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                    | Common Stock      | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    105155 | NS      | $59813215.55   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                                           | Common Stock      | CUSIP: N/A<br>LEI: 21380033K525E5JLIA77       | Long             | EC               | CORP              | CN        |    309000 | NS      | $4150236.49    | 0.13%             |  |  |  | Yes           |                  1 | On Loan: No      |
| MercadoLibre Inc                                  | Common Stock      | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | AR        |     33235 | NS      | $77668200.90   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                | Common Stock      | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    240396 | NS      | $176542014.48  | 5.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                    | Common Stock      | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    261894 | NS      | $135647997.30  | 4.22%             |  |  |  | No            |                  1 | On Loan: No      |
| B3 S.A. - Brasil Bolsa Balcao                     | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | BR        |  20365724 | OU      | $-3149930.53   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| Canon Inc                                         | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        | -25059526 | OU      | $-2417251.71   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| Carlyle Group Inc                                 | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |   9271574 | OU      | $24091992.92   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Cellnex Telecom SA                                | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | ES        |   6469606 | OU      | $4060194.76    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                    | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | AU        | -14232756 | OU      | $-1441638.82   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics Inc                             | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | TW        |  11510668 | OU      | $17991696.77   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Lasertec Corp                                     | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        | -22969913 | OU      | $-3085932.59   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| Marks & Spencer Group Plc                         | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | GB        |  -4396640 | OU      | $259846.98     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Nikon Corp                                        | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        |  -3019323 | OU      | $-489238.77    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Ricoh Co Ltd                                      | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        |  -7165484 | OU      | $27276.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Rolls-Royce Holdings plc                          | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | GB        |  42009154 | OU      | $55017284.51   | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Sharp Corporation                                 | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        |  -9745536 | OU      | $5018013.08    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd                                | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | JP        | -56138112 | OU      | $1733049.79    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever Plc                                      | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | GB        | -13358675 | OU      | $-1165727.38   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| United Microelectronics Corp                      | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | TW        | -15068489 | OU      | $701759.32     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Volvo Car AB                                      | Total Return Swap | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | SE        |  -2328975 | OU      | $1039054.97    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| 3M Co                                             | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      2774 | NC      | $6130540.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                      | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      2816 | NC      | $15621760.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                    | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      5560 | NC      | $9827300.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                         | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      5070 | NC      | $18797025.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                              | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       186 | NC      | $9502740.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                      | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      3239 | NC      | $9741292.50    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                                      | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      7179 | NC      | $29380057.50   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                     | Equity Option     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      2115 | NC      | $6186375.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp                             | Common Stock      | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Short            | EC               | CORP              | US        |   -254140 | NS      | $-17106163.40  | -0.53%            |  |  |  | No            |                  1 | On Loan: No      |
| MTU Aero Engines AG                               | Common Stock      | CUSIP: N/A<br>LEI: 529900807L67JY81RD65       | Long             | EC               | CORP              | DE        |     80049 | NS      | $36767106.09   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NIQ Global Intelligence Plc                       | Common Stock      | CUSIP: G63755105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    252054 | NS      | $3957247.80    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                                      | Common Stock      | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |    437529 | NS      | $18945005.70   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                             | Common Stock      | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Short            | EC               | CORP              | NL        |    -56532 | NS      | $-12874032.36  | -0.40%            |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                                 | Common Stock      | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Short            | EC               | CORP              | US        |   -282669 | NS      | $-23046003.57  | -0.72%            |  |  |  | No            |                  1 | On Loan: No      |
| Open Text Corp                                    | Common Stock      | CUSIP: 683715106<br>LEI: 549300HP7ONDQODZJV16 | Short            | EC               | CORP              | CA        |   -114707 | NS      | $-4287747.66   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                       | Common Stock      | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    312050 | NS      | $87760942.00   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ORIC Pharmaceuticals Inc                          | Common Stock      | CUSIP: 68622P109<br>LEI: 54930033FJRNEYBW0L25 | Long             | EC               | CORP              | US        |    645814 | NS      | $7749768.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                       | Common Stock      | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Short            | EC               | CORP              | US        |    -42249 | NS      | $-5355483.24   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                               | Common Stock      | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Short            | EC               | CORP              | US        |   -281656 | NS      | $-18887851.36  | -0.59%            |  |  |  | No            |                  1 | On Loan: No      |
| Ping An Healthcare and Technology Co Ltd          | Common Stock      | CUSIP: N/A<br>LEI: 2549009NW1LO017CP285       | Short            | EC               | CORP              | CN        |   -664645 | NS      | $-1564141.94   | -0.05%            |  |  |  | Yes           |                  1 | On Loan: No      |
| Power Assets Holdings Ltd                         | Common Stock      | CUSIP: N/A<br>LEI: N/A                        | Short            | EC               | CORP              | HK        |   -523000 | NS      | $-3312611.18   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                                        | Common Stock      | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Short            | EC               | CORP              | US        |    -77959 | NS      | $-10316314.47  | -0.32%            |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc                               | Common Stock      | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |    100607 | NS      | $41693552.94   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Rapid7 Inc                                        | Common Stock      | CUSIP: 753422104<br>LEI: 549300GNVG5D60KEYN14 | Short            | EC               | CORP              | US        |    -89809 | NS      | $-1683918.75   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp                            | Common Stock      | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Short            | EC               | CORP              | US        |   -508016 | NS      | $-13396381.92  | -0.42%            |  |  |  | No            |                  1 | On Loan: No      |
| Rhythm Pharmaceuticals Inc                        | Common Stock      | CUSIP: 76243J105<br>LEI: 529900JPNWXQ8DPLA551 | Long             | EC               | CORP              | US        |    146151 | NS      | $14759789.49   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                                   | Common Stock      | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |    102022 | NS      | $15547132.58   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                    | Common Stock      | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     26883 | NS      | $13084224.93   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                         | Common Stock      | CUSIP: N/A<br>LEI: 969500UIC89GT3UL7L24       | Long             | EC               | CORP              | FR        |    453935 | NS      | $160065424.92  | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                    | Common Stock      | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Short            | EC               | CORP              | US        |   -225325 | NS      | $-53402025.00  | -1.66%            |  |  |  | No            |                  1 | On Loan: No      |
| Sally Beauty Holdings Inc                         | Common Stock      | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Short            | EC               | CORP              | US        |   -278261 | NS      | $-4530089.08   | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                             | Common Stock      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    448734 | NS      | $43962469.98   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                        | Common Stock      | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Short            | EC               | CORP              | US        |   -170242 | NS      | $-7482135.90   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                                | Common Stock      | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |    101396 | NS      | $15296600.56   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                          | Common Stock      | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    198835 | NS      | $67878292.30   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-13

**Name of Applicant:** Advantage Advisers Xanthus Fund, L.L.C.

**Signature:** Bryan McKigney

**Name of Signer:** Bryan McKigney

**Title:** Principal Executive Officer