# EDGAR Filing Document

**Accession Number:** 0001134621
**File Stem:** 0001062993-26-000975
**Filing Date:** 2026-2
**Character Count:** 57805
**Document Hash:** 3257cc6fb7cf35b7cd6ffb7534f73127
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-26-000975.hdr.sgml**: 20260217

**ACCESSION NUMBER**: 0001062993-26-000975

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260217

**DATE AS OF CHANGE**: 20260217

**EFFECTIVENESS DATE**: 20260217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBF Capital, LLC
- **CENTRAL INDEX KEY:** 0001134621

**ORGANIZATION NAME:**
- **EIN:** 680383896
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06357
- **FILM NUMBER:** 26639432

**BUSINESS ADDRESS:**
- **STREET 1:** 299 S. ARLINGTON AVE.
- **CITY:** RENO
- **STATE:** NV
- **ZIP:** 89501
- **BUSINESS PHONE:** 415-800-8212

**MAIL ADDRESS:**
- **STREET 1:** 299 S. ARLINGTON AVE.
- **CITY:** RENO
- **STATE:** NV
- **ZIP:** 89501

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RBF LLC
- **DATE OF NAME CHANGE:** 20010213

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [x] **Amendment Number:** 1

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

[x] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** RBF Capital LLC<br>**Address:** 299 S. ARLINGTON AVE.<br>RENO, NV 89501

**Form 13F File Number:** 028-06357

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

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

**Name:** Richard B. Fullerton<br>**Title:** President<br>**Phone:** 415-800-8212

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

/s/Richard B. Fullerton  Reno, NV  02-14-2026<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 555

**Form 13F Information Table Value Total:** $2252965424

      (round to nearest dollar)

**List of Other Included Managers:**

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

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

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 1STDIBS COM INC | COM | 320551104 |  | 311270 | 51965 | SH |  | SOLE |  | 51965 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 2401500 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 1252900 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ACI WORLDWIDE INC | COM | 004498101 |  | 573720 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| ACUITY INC | COM | 00508Y102 |  | 2160240 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| ADICET BIO INC | COM NEW | 007002207 |  | 324860 | 38582 | SH |  | SOLE |  | 38582 | 0 | 0 |
| ADT INC DEL | COM | 00090Q103 |  | 1614000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 5031600 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| AFFILIATED MANAGERS GROUP IN | COM | 008252108 |  | 749528 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 680350 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| AGILYSYS INC | COM | 00847J105 |  | 2674494 | 22505 | SH |  | SOLE |  | 22505 | 0 | 0 |
| AGNC INVT CORP | COM | 00123Q104 |  | 2465600 | 230000 | SH |  | SOLE |  | 230000 | 0 | 0 |
| AIRGAIN INC | COM | 00938A104 |  | 92162 | 22700 | SH |  | SOLE |  | 22700 | 0 | 0 |
| ALASKA AIR GROUP INC | COM | 011659109 |  | 503000 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 392102 | 2675 | SH |  | SOLE |  | 2675 | 0 | 0 |
| ALIGHT INC | COM CL A | 01626W101 |  | 195000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ALLIANCEBERNSTEIN HLDG L P | UNIT LTD PARTN | 01881G106 |  | 1154400 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 685300 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| ALLOT LTD | SHS | M0854Q105 |  | 101839 | 10360 | SH |  | SOLE |  | 10360 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 3623200 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| ALPHA METALLURGICAL RESOUR I | COM | 020764106 |  | 214871 | 1075 | SH |  | SOLE |  | 1075 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 37656000 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 15650000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| ALTA EQUIPMENT GROUP INC | COMMON STOCK | 02128L106 |  | 827798 | 179956 | SH |  | SOLE |  | 179956 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 11541000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 6055382 | 726065 | SH |  | SOLE |  | 726065 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 8508850 | 23000 | SH |  | SOLE |  | 23000 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 8555000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| AMERICAN OUTDOOR BRANDS INC | COM | 02875D109 |  | 640284 | 82831 | SH |  | SOLE |  | 82831 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 1053420 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| AMES NATL CORP | COM | 031001100 |  | 688800 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 502748 | 1536 | SH |  | SOLE |  | 1536 | 0 | 0 |
| AMPCO-PITTSBURG CORP | COM | 032037103 |  | 319800 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| AMPLIFY ENERGY CORP NEW | COM | 03212B103 |  | 1102572 | 241263 | SH |  | SOLE |  | 241263 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 542400 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| ANGI INC | CL A NEW | 00183L201 |  | 1890715 | 146227 | SH |  | SOLE |  | 146227 | 0 | 0 |
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 |  | 3202000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 223600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 1058640 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 3617552 | 24990 | SH |  | SOLE |  | 24990 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 32623200 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 77458978 | 114955 | SH |  | SOLE |  | 114955 | 0 | 0 |
| ARDMORE SHIPPING CORP | COM | Y0207T100 |  | 9550909 | 901880 | SH |  | SOLE |  | 901880 | 0 | 0 |
| ARGAN INC | COM | 04010E109 |  | 1879920 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 2186200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| ARROW ELECTRS INC | COM | 042735100 |  | 3305400 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| ARTESIAN RES CORP | CL A | 043113208 |  | 1264400 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 258790 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| ASPEN AEROGELS INC | COM | 04523Y105 |  | 283000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ASSURANT INC | COM | 04621X108 |  | 722550 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| ASSURED GUARANTY LTD | COM | G0585R106 |  | 1617660 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| ATEA PHARMACEUTICALS INC | COM | 04683R106 |  | 107100 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| ATYR PHARMA INC | COM NEW | 002120202 |  | 15662 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| AUBURN NATL BANCORP | COM | 050473107 |  | 269500 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 3344913 | 11300 | SH |  | SOLE |  | 11300 | 0 | 0 |
| AUTOHOME INC | SP ADS RP CL A | 05278C107 |  | 222600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| AVEANNA HEALTHCARE HLDGS INC | COM | 05356F105 |  | 653600 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| AVIS BUDGET GROUP | COM | 053774105 |  | 428589 | 3340 | SH |  | SOLE |  | 3340 | 0 | 0 |
| AVNET INC | COM | 053807103 |  | 2519392 | 52400 | SH |  | SOLE |  | 52400 | 0 | 0 |
| AWARE INC MASS | COM | 05453N100 |  | 256410 | 138600 | SH |  | SOLE |  | 138600 | 0 | 0 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 321270 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 424645 | 3250 | SH |  | SOLE |  | 3250 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 5920200 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 41800000 | 760000 | SH |  | SOLE |  | 760000 | 0 | 0 |
| BANK MARIN BANCORP | COM | 063425102 |  | 780300 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| BAOZUN INC | SPONSORED ADR | 06684L103 |  | 53200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| BAR HBR BANKSHARES | COM | 066849100 |  | 4138034 | 133270 | SH |  | SOLE |  | 133270 | 0 | 0 |
| BARCLAYS PLC | ADR | 06738E204 |  | 10180000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| BARRETT BUSINESS SVCS INC | COM | 068463108 |  | 1657440 | 45773 | SH |  | SOLE |  | 45773 | 0 | 0 |
| BASSETT FURNITURE INDS INC | COM | 070203104 |  | 1580569 | 94306 | SH |  | SOLE |  | 94306 | 0 | 0 |
| BATTALION OIL CORP | COM | 07134L107 |  | 22600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| BEAZER HOMES USA INC | COM NEW | 07556Q881 |  | 1216200 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| BENCHMARK ELECTRS INC | COM | 08160H101 |  | 299320 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 57364800 | 76 | SH |  | SOLE |  | 76 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 623789 | 1241 | SH |  | SOLE |  | 1241 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 32672250 | 65000 | SH | Put | SOLE |  | 65000 | 0 | 0 |
| BGC GROUP INC | CL A | 088929104 |  | 8022399 | 898365 | SH |  | SOLE |  | 898365 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 6422040 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| BLUEROCK HOMES TRUST INC | COM CL A | 09631H100 |  | 618369 | 57954 | SH |  | SOLE |  | 57954 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 8032995 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| BOUNDLESS BIO INC | COM | 10170A100 |  | 240000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| BRADY CORP | CL A | 104674106 |  | 3134800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 431520 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 11673953 | 33730 | SH |  | SOLE |  | 33730 | 0 | 0 |
| BROOKDALE SR LIVING INC | COM | 112463104 |  | 12624300 | 1170000 | SH |  | SOLE |  | 1170000 | 0 | 0 |
| BROOKDALE SR LIVING INC | NOTE 2.000%10/1 | 112463AC8 |  | 1365630 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| BRUNSWICK CORP | COM | 117043109 |  | 445440 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| BUCKLE INC | COM | 118440106 |  | 1602600 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 26617848 | 258702 | SH |  | SOLE |  | 258702 | 0 | 0 |
| BUMBLE INC | COM CL A | 12047B105 |  | 1847497 | 517506 | SH |  | SOLE |  | 517506 | 0 | 0 |
| CAESARSTONE LTD | ORD SHS | M20598104 |  | 717249 | 385618 | SH |  | SOLE |  | 385618 | 0 | 0 |
| CAMBIUM NETWORKS CORP | SHS | G17766109 |  | 175179 | 121652 | SH |  | SOLE |  | 121652 | 0 | 0 |
| CAMPING WORLD HLDGS INC | CL A | 13462K109 |  | 4281959 | 440078 | SH |  | SOLE |  | 440078 | 0 | 0 |
| CANADA GOOSE HLDGS INC | SHS SUB VTG | 135086106 |  | 1359750 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| CAPITAL CLEAN ENERGY CARRIER | COM | Y00408107 |  | 216547 | 10376 | SH |  | SOLE |  | 10376 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 16702482 | 68916 | SH |  | SOLE |  | 68916 | 0 | 0 |
| CARDLYTICS INC | NOTE 4.250% 4/0 | 14161WAD7 |  | 390000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| CARDLYTICS INC | COM | 14161W105 |  | 920118 | 800103 | SH |  | SOLE |  | 800103 | 0 | 0 |
| CARIBOU BIOSCIENCES INC | COM | 142038108 |  | 63600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 1932000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 1738800 | 45000 | SH | Call | SOLE |  | 45000 | 0 | 0 |
| CARRIAGE SVCS INC | COM | 143905107 |  | 6067089 | 143430 | SH |  | SOLE |  | 143430 | 0 | 0 |
| CARS COM INC | COM | 14575E105 |  | 653542 | 53569 | SH |  | SOLE |  | 53569 | 0 | 0 |
| CASS INFORMATION SYS INC | COM | 14808P109 |  | 270295 | 6510 | SH |  | SOLE |  | 6510 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 8593050 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| CATO CORP NEW | CL A | 149205106 |  | 585234 | 189396 | SH |  | SOLE |  | 189396 | 0 | 0 |
| CBIZ INC | COM | 124805102 |  | 504500 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 1528845 | 11225 | SH |  | SOLE |  | 11225 | 0 | 0 |
| CECO ENVIRONMENTAL CORP | COM | 125141101 |  | 233415 | 3900 | SH |  | SOLE |  | 3900 | 0 | 0 |
| CELANESE CORP DEL | COM | 150870103 |  | 4143440 | 98000 | SH |  | SOLE |  | 98000 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 2469000 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| CENTRAL GARDEN  PET CO | COM | 153527106 |  | 2320458 | 72176 | SH |  | SOLE |  | 72176 | 0 | 0 |
| CENTRAL GARDEN  PET CO | CL A NON-VTG | 153527205 |  | 1722181 | 58999 | SH |  | SOLE |  | 58999 | 0 | 0 |
| CENTURY CASINOS INC | COM | 156492100 |  | 463457 | 348464 | SH |  | SOLE |  | 348464 | 0 | 0 |
| CHAMPION HOMES INC | COM | 830830105 |  | 591500 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| CHEGG INC | COM | 163092109 |  | 161278 | 173417 | SH |  | SOLE |  | 173417 | 0 | 0 |
| CHEMOURS CO | COM | 163851108 |  | 3084405 | 261612 | SH |  | SOLE |  | 261612 | 0 | 0 |
| CHIPMOS TECHNOLOGIES INC | SPONSORD ADS NEW | 16965P202 |  | 265633 | 8965 | SH |  | SOLE |  | 8965 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 1850000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 927000 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 312120 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 2752300 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CIRRUS LOGIC INC | COM | 172755100 |  | 2370000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 1155450 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| CIVEO CORP CDA | COM NEW | 17878Y207 |  | 1258742 | 55039 | SH |  | SOLE |  | 55039 | 0 | 0 |
| CLARITEV CORPORATION | CL A NEW | 62548M209 |  | 5736494 | 134187 | SH |  | SOLE |  | 134187 | 0 | 0 |
| CLEANSPARK INC | COM NEW | 18452B209 |  | 506081 | 50008 | SH |  | SOLE |  | 50008 | 0 | 0 |
| CNO FINL GROUP INC | COM | 12621E103 |  | 7858394 | 185034 | SH |  | SOLE |  | 185034 | 0 | 0 |
| CNX RES CORP | COM | 12653C108 |  | 919250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 4893700 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| CODA OCTOPUS GROUP INC | COM NEW | 19188U206 |  | 474300 | 51000 | SH |  | SOLE |  | 51000 | 0 | 0 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 431200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| COGNYTE SOFTWARE LTD | ORD SHS | M25133105 |  | 188000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| COLUMBUS MCKINNON CORP N Y | COM | 199333105 |  | 2470200 | 143200 | SH |  | SOLE |  | 143200 | 0 | 0 |
| COMMERCIAL VEH GROUP INC | COM | 202608105 |  | 1160466 | 805879 | SH |  | SOLE |  | 805879 | 0 | 0 |
| CONSOLIDATED WATER CO INC | ORD | G23773107 |  | 1553360 | 44017 | SH |  | SOLE |  | 44017 | 0 | 0 |
| CONTINEUM THERAPEUTICS INC | CL A | 21217B100 |  | 228600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| COPA HOLDINGS SA | CL A | P31076105 |  | 603050 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CORE  MAIN INC | CL A | 21874C102 |  | 259850 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CORVEL CORP | COM | 221006109 |  | 406020 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| COUPANG INC | CL A | 22266T109 |  | 448210 | 19000 | SH |  | SOLE |  | 19000 | 0 | 0 |
| CRAWFORD  CO | CL B | 224633107 |  | 428800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| CROCS INC | COM | 227046109 |  | 4276000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 2343800 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CSG SYS INTL INC | COM | 126349109 |  | 2303154 | 30032 | SH |  | SOLE |  | 30032 | 0 | 0 |
| CUSHMAN AND WAKEFIELD LTD | COMMON SHARES | G2717C106 |  | 2266600 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| CVR ENERGY INC | COM | 12662P108 |  | 508800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| CVRX INC | COM | 126638105 |  | 142000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 793600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| DANA INC | COM | 235825205 |  | 700920 | 29500 | SH |  | SOLE |  | 29500 | 0 | 0 |
| DANAOS CORPORATION | SHS | Y1968P121 |  | 39368653 | 418015 | SH |  | SOLE |  | 418015 | 0 | 0 |
| DAWSON GEOPHYSICAL CO NEW | COM | 239360100 |  | 704805 | 451798 | SH |  | SOLE |  | 451798 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 808626 | 7800 | SH |  | SOLE |  | 7800 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 881160 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 10410000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| DENTSPLY SIRONA INC | COM | 24906P109 |  | 2286000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| DESIGNER BRANDS INC | CL A | 250565108 |  | 335799 | 45195 | SH |  | SOLE |  | 45195 | 0 | 0 |
| DESTINATION XL GROUP INC | COM | 25065K104 |  | 183900 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| DESWELL INDS INC | COM | 250639101 |  | 86510 | 25003 | SH |  | SOLE |  | 25003 | 0 | 0 |
| DIANTHUS THERAPEUTICS INC | COM | 252828108 |  | 206050 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 |  | 4954300 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 |  | 4582200 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| DIMENSIONAL ETF TRUST | INTL CORE EQUITY | 25434V799 |  | 4479800 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| DIREXION SHS ETF TR | DLY SMCAP BULL3X | 25459W847 |  | 683100 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| DIVERSIFIED HEALTHCARE TR | COM SH BEN INT | 25525P107 |  | 5549874 | 1144304 | SH |  | SOLE |  | 1144304 | 0 | 0 |
| DLH HLDGS CORP | COM | 23335Q100 |  | 1243000 | 220000 | SH |  | SOLE |  | 220000 | 0 | 0 |
| DLOCAL LTD | CLASS A COM | G29018101 |  | 565600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| DNOW INC | COM | 67011P100 |  | 516458 | 38978 | SH |  | SOLE |  | 38978 | 0 | 0 |
| DORIAN LPG LTD | SHS USD | Y2106R110 |  | 5340342 | 219406 | SH |  | SOLE |  | 219406 | 0 | 0 |
| DXP ENTERPRISES INC | COM NEW | 233377407 |  | 1097900 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| EZCORP INC | CL A NON VTG | 302301106 |  | 776800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 452299 | 7086 | SH |  | SOLE |  | 7086 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 3484000 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| ECOVYST INC | COM | 27923Q109 |  | 680672 | 69956 | SH |  | SOLE |  | 69956 | 0 | 0 |
| EHEALTH INC | COM | 28238P109 |  | 1380589 | 300128 | SH |  | SOLE |  | 300128 | 0 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 1624350 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| ELLINGTON FINANCIAL INC | COM | 28852N109 |  | 1302879 | 95941 | SH |  | SOLE |  | 95941 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 16490000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| ENHABIT INC | COM | 29332G102 |  | 168643 | 18291 | SH |  | SOLE |  | 18291 | 0 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 9413674 | 111735 | SH |  | SOLE |  | 111735 | 0 | 0 |
| ENTERPRISE FINL SVCS CORP | COM | 293712105 |  | 2197800 | 40700 | SH |  | SOLE |  | 40700 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 801500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| EPAM SYS INC | COM | 29414B104 |  | 512200 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 2169800 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ESQUIRE FINL HLDGS INC | COM | 29667J101 |  | 3062100 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 1696750 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2406800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 33812400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| FERROGLOBE PLC | SHS | G33856108 |  | 2417463 | 521005 | SH |  | SOLE |  | 521005 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 288454 | 5284 | SH |  | SOLE |  | 5284 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 252774 | 5400 | SH |  | SOLE |  | 5400 | 0 | 0 |
| FINANCE OF AMERICA COMPAN | CL A NEW | 31738L206 |  | 2251530 | 93000 | SH |  | SOLE |  | 93000 | 0 | 0 |
| FINVOLUTION GROUP | SPONSORED ADS | 31810T101 |  | 209200 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| FIRST AMERN FINL CORP | COM | 31847R102 |  | 1474560 | 24000 | SH |  | SOLE |  | 24000 | 0 | 0 |
| FIRST CMNTY CORP S C | COM | 319835104 |  | 913220 | 30800 | SH |  | SOLE |  | 30800 | 0 | 0 |
| FIRST SEACOAST BANCORP INC | COM | 33631F104 |  | 515447 | 39049 | SH |  | SOLE |  | 39049 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 268680 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| FLEX LTD | ORD | Y2573F102 |  | 3051819 | 49741 | SH |  | SOLE |  | 49741 | 0 | 0 |
| FLEXSTEEL INDS INC | COM | 339382103 |  | 2171950 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| FONAR CORP | COM NEW | 344437405 |  | 1400296 | 75447 | SH |  | SOLE |  | 75447 | 0 | 0 |
| FORWARD INDS INC N Y | COM NEW | 349862409 |  | 394981 | 59755 | SH |  | SOLE |  | 59755 | 0 | 0 |
| FOSSIL GROUP INC | COM | 34988V106 |  | 437066 | 116241 | SH |  | SOLE |  | 116241 | 0 | 0 |
| FOX FACTORY HLDG CORP | COM | 35138V102 |  | 1962312 | 114688 | SH |  | SOLE |  | 114688 | 0 | 0 |
| FRANKLIN STR PPTYS CORP | COM | 35471R106 |  | 906508 | 958456 | SH |  | SOLE |  | 958456 | 0 | 0 |
| FTI CONSULTING INC | COM | 302941109 |  | 4270750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| FULCRUM THERAPEUTICS INC | COM | 359616109 |  | 910523 | 80506 | SH |  | SOLE |  | 80506 | 0 | 0 |
| GAP INC | COM | 364760108 |  | 512000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 1290532 | 6362 | SH |  | SOLE |  | 6362 | 0 | 0 |
| GENCOR INDS INC | COM | 368678108 |  | 1181136 | 91137 | SH |  | SOLE |  | 91137 | 0 | 0 |
| GENEDX HOLDINGS CORP | COM CL A | 81663L200 |  | 4856440 | 37340 | SH |  | SOLE |  | 37340 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 511500 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| GENWORTH FINL INC | COM SHS | 37247D106 |  | 1426740 | 158000 | SH |  | SOLE |  | 158000 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 806000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| GERDAU SA | SPON ADR REP PFD | 373737105 |  | 332100 | 90000 | SH |  | SOLE |  | 90000 | 0 | 0 |
| GIBRALTAR INDS INC | COM | 374689107 |  | 6086015 | 123099 | SH |  | SOLE |  | 123099 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 2064928 | 33060 | SH |  | SOLE |  | 33060 | 0 | 0 |
| GLOBAL INDEMNITY GROUP LLC | COM CL A | 37959R103 |  | 6100026 | 214941 | SH |  | SOLE |  | 214941 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 678721 | 8769 | SH |  | SOLE |  | 8769 | 0 | 0 |
| GLOBAL SHIP LEASE INC NEW | COM CL A | Y27183600 |  | 15328704 | 437463 | SH |  | SOLE |  | 437463 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 20217000 | 23000 | SH |  | SOLE |  | 23000 | 0 | 0 |
| GRAND CANYON ED INC | COM | 38526M106 |  | 2494650 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| GRAPHIC PACKAGING HLDG CO | COM | 388689101 |  | 414150 | 27500 | SH |  | SOLE |  | 27500 | 0 | 0 |
| GRAYSCALE BITCOIN MINI TR ET | SHS NEW | 389930207 |  | 1161900 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| GRAYSCALE BITCOIN TRUST ETF | SHS REP COM UT | 389637109 |  | 10254000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| GRAYSCALE ETHEREUM MINI TR E | SHS NEW | 38964R203 |  | 561200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| GRAYSCALE ETHEREUM TRUST ETF | SHS | 389638107 |  | 4874024 | 200001 | SH |  | SOLE |  | 200001 | 0 | 0 |
| GREIF INC | CL A | 397624107 |  | 798860 | 11800 | SH |  | SOLE |  | 11800 | 0 | 0 |
| GRUPO AEROPORTUARIO DEL CENT | SPON ADR | 400501102 |  | 870160 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| GRUPO AEROPORTUARIO DEL SURE | SPON ADR SER B | 40051E202 |  | 226380 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| GULF IS FABRICATION INC | COM | 402307102 |  | 253872 | 21209 | SH |  | SOLE |  | 21209 | 0 | 0 |
| BLOCK H  R INC | COM | 093671105 |  | 653700 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| HAMILTON BEACH BRANDS HLDG C | COM CL A | 40701T104 |  | 423538 | 25747 | SH |  | SOLE |  | 25747 | 0 | 0 |
| HANMI FINL CORP | COM NEW | 410495204 |  | 2027250 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| HARVARD BIOSCIENCE INC | COM | 416906105 |  | 107008 | 160000 | SH |  | SOLE |  | 160000 | 0 | 0 |
| HAWAIIAN ELEC INDUSTRIES | COM | 419870100 |  | 3321000 | 270000 | SH |  | SOLE |  | 270000 | 0 | 0 |
| HAWTHORN BANCSHARES INC | COM | 420476103 |  | 1366145 | 39167 | SH |  | SOLE |  | 39167 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 35014500 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| HERC HLDGS INC | COM | 42704L104 |  | 530310 | 3574 | SH |  | SOLE |  | 3574 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 720600 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| HF SINCLAIR CORP | COM | 403949100 |  | 2304000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| HIPPO HLDGS INC | COM NEW | 433539202 |  | 5414400 | 180000 | SH |  | SOLE |  | 180000 | 0 | 0 |
| HIREQUEST INC | COM | 433535101 |  | 309320 | 29431 | SH |  | SOLE |  | 29431 | 0 | 0 |
| HNI CORP | COM | 404251100 |  | 1047637 | 24920 | SH |  | SOLE |  | 24920 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1950900 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| HOOKER FURNISHINGS CORPORATI | COM | 439038100 |  | 2995214 | 265298 | SH |  | SOLE |  | 265298 | 0 | 0 |
| HORACE MANN EDUCATORS CORP N | COM | 440327104 |  | 461800 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| HOVNANIAN ENTERPRISES INC | CL A NEW | 442487401 |  | 487700 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| HSBC HLDGS PLC | SPON ADR NEW | 404280406 |  | 1573400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| HUB GROUP INC | CL A | 443320106 |  | 1166747 | 27382 | SH |  | SOLE |  | 27382 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 1998495 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 5891996 | 339596 | SH |  | SOLE |  | 339596 | 0 | 0 |
| HUNTSMAN CORP | COM | 447011107 |  | 200000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| IES HLDGS INC | COM | 44951W106 |  | 5835300 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| INDEPENDENT BK CORP MASS | COM | 453836108 |  | 2192400 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| INDUSTRIAL LOGISTICS PPTYS T | COM SHS BEN INT | 456237106 |  | 1385000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| INGREDION INC | COM | 457187102 |  | 441040 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| INMODE LTD | SHS | M5425M103 |  | 1028300 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 203675 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 592420 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 662420 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| INVESTORS TITLE CO NC | COM | 461804106 |  | 998560 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 450820 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 846400 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ISHARES TR | MSCI CHINA ETF | 46429B671 |  | 2402800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| ISHARES TR | EAFE SML CP ETF | 464288273 |  | 1162950 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| ISHARES INC | MSCI THAILND ETF | 464286624 |  | 298350 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| ITT INC | COM | 45073V108 |  | 520530 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| ITURAN LOCATION AND CONTROL | SHS | M6158M104 |  | 254705 | 5922 | SH |  | SOLE |  | 5922 | 0 | 0 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 375361 | 2057 | SH |  | SOLE |  | 2057 | 0 | 0 |
| JAMES RIV GROUP HOLDINGS INC | COM SHS | 46990A102 |  | 6678000 | 1050000 | SH |  | SOLE |  | 1050000 | 0 | 0 |
| JANUS INTERNATIONAL GROUP IN | COMMON STOCK | 47103N106 |  | 6861663 | 1049184 | SH |  | SOLE |  | 1049184 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 1435000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 6197000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| SANFILIPPO JOHN B  SON INC | COM | 800422107 |  | 324195 | 4592 | SH |  | SOLE |  | 4592 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 2859031 | 23875 | SH |  | SOLE |  | 23875 | 0 | 0 |
| JONES LANG LASALLE INC | COM | 48020Q107 |  | 16823500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 13211020 | 41000 | SH |  | SOLE |  | 41000 | 0 | 0 |
| KALARIS THERAPEUTICS INC | COM | 482929106 |  | 146780 | 17391 | SH |  | SOLE |  | 17391 | 0 | 0 |
| KANZHUN LIMITED | SPONSORED ADS | 48553T106 |  | 285320 | 14000 | SH |  | SOLE |  | 14000 | 0 | 0 |
| KB HOME | COM | 48666K109 |  | 564100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| KELLY SVCS INC | CL A | 488152208 |  | 1161468 | 131985 | SH |  | SOLE |  | 131985 | 0 | 0 |
| KEROS THERAPEUTICS INC | COM | 492327101 |  | 1663901 | 81724 | SH |  | SOLE |  | 81724 | 0 | 0 |
| KEZAR LIFE SCIENCES INC | COM NEW | 49372L209 |  | 177026 | 28144 | SH |  | SOLE |  | 28144 | 0 | 0 |
| KFORCE INC | COM | 493732101 |  | 309200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 1099600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| KONTOOR BRANDS INC | COM | 50050N103 |  | 279242 | 4571 | SH |  | SOLE |  | 4571 | 0 | 0 |
| KORE GROUP HLDGS INC | COM NEW | 50066V305 |  | 744699 | 176469 | SH |  | SOLE |  | 176469 | 0 | 0 |
| KORN FERRY | COM NEW | 500643200 |  | 1606069 | 24327 | SH |  | SOLE |  | 24327 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 1874400 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| KULICKE  SOFFA INDS INC | COM | 501242101 |  | 455600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| KURA SUSHI USA INC | CL A COM | 501270102 |  | 1831550 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| LANDSTAR SYS INC | COM | 515098101 |  | 1437000 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| LEAR CORP | COM NEW | 521865204 |  | 1286270 | 11224 | SH |  | SOLE |  | 11224 | 0 | 0 |
| LEGALZOOM COM INC | COM | 52466B103 |  | 993000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| LEGGETT  PLATT INC | COM | 524660107 |  | 6159989 | 559999 | SH |  | SOLE |  | 559999 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 463525 | 4509 | SH |  | SOLE |  | 4509 | 0 | 0 |
| LENSAR INC | COM | 52634L108 |  | 529479 | 45527 | SH |  | SOLE |  | 45527 | 0 | 0 |
| LIFETIME BRANDS INC | COM | 53222Q103 |  | 1590475 | 402652 | SH |  | SOLE |  | 402652 | 0 | 0 |
| LINCOLN EDL SVCS CORP | COM | 533535100 |  | 12052540 | 499070 | SH |  | SOLE |  | 499070 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 5700000 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| LKQ CORP | COM | 501889208 |  | 3020000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| LUXFER HLDGS PLC | SHS | G5698W116 |  | 256258 | 18940 | SH |  | SOLE |  | 18940 | 0 | 0 |
| LYELL IMMUNOPHARMA INC | COM NEW | 55083R203 |  | 2295726 | 74585 | SH |  | SOLE |  | 74585 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 1937000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 433000 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| M/I HOMES INC | COM | 55305B101 |  | 5335515 | 41700 | SH |  | SOLE |  | 41700 | 0 | 0 |
| MACERICH CO | COM | 554382101 |  | 1938300 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| MAGNERA CORP | COM SHS | 55939A107 |  | 817438 | 53992 | SH |  | SOLE |  | 53992 | 0 | 0 |
| MAKEMYTRIP LIMITED MAURITIUS | SHS | V5633W109 |  | 17961451 | 218722 | SH |  | SOLE |  | 218722 | 0 | 0 |
| MANPOWERGROUP INC WIS | COM | 56418H100 |  | 13975568 | 470083 | SH |  | SOLE |  | 470083 | 0 | 0 |
| MARCUS  MILLICHAP INC | COM | 566324109 |  | 300190 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| MARINEMAX INC | COM | 567908108 |  | 1948577 | 80420 | SH |  | SOLE |  | 80420 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 3710400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| MASTECH DIGITAL INC | COM | 57633B100 |  | 82601 | 11834 | SH |  | SOLE |  | 11834 | 0 | 0 |
| MASTERBRAND INC | COMMON STOCK | 57638P104 |  | 4190044 | 379533 | SH |  | SOLE |  | 379533 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 37392640 | 65500 | SH |  | SOLE |  | 65500 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 1937400 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| MELCO RESORTS AND ENTMNT LTD | ADR | 585464100 |  | 6434500 | 850000 | SH |  | SOLE |  | 850000 | 0 | 0 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 987000 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 69309450 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1980270 | 3000 | SH | Put | SOLE |  | 3000 | 0 | 0 |
| METAGENOMI INC | COM | 59102M104 |  | 103714 | 64021 | SH |  | SOLE |  | 64021 | 0 | 0 |
| MGIC INVT CORP WIS | COM | 552848103 |  | 292200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 24181000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 1519500 | 10000 | SH | Put | SOLE |  | 10000 | 0 | 0 |
| MILLER INDS INC TENN | COM NEW | 600551204 |  | 1069006 | 28606 | SH |  | SOLE |  | 28606 | 0 | 0 |
| MILLERKNOLL INC | COM | 600544100 |  | 914000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| MIND C T I LTD | ORD | M70240102 |  | 88614 | 77056 | SH |  | SOLE |  | 77056 | 0 | 0 |
| MIND TECHNOLOGY INC | COM NEW | 602566309 |  | 107572 | 12238 | SH |  | SOLE |  | 12238 | 0 | 0 |
| MISSION PRODUCE INC | COM | 60510V108 |  | 863156 | 74410 | SH |  | SOLE |  | 74410 | 0 | 0 |
| MISTRAS GROUP INC | COM | 60649T107 |  | 695750 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| MODINE MFG CO | COM | 607828100 |  | 13351000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| MOHAWK INDS INC | COM | 608190104 |  | 4918500 | 45000 | SH |  | SOLE |  | 45000 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 4575550 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 143875993 | 810432 | SH |  | SOLE |  | 810432 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 21187200 | 120000 | SH | Put | SOLE |  | 120000 | 0 | 0 |
| MOTORCAR PTS AMER INC | COM | 620071100 |  | 4004959 | 324551 | SH |  | SOLE |  | 324551 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 11474600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| MUELLER INDS INC | COM | 624756102 |  | 918400 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| MUELLER WTR PRODS INC | COM SER A | 624758108 |  | 3236066 | 135855 | SH |  | SOLE |  | 135855 | 0 | 0 |
| MYERS INDS INC | COM | 628464109 |  | 2954203 | 157810 | SH |  | SOLE |  | 157810 | 0 | 0 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 |  | 2609278 | 48053 | SH |  | SOLE |  | 48053 | 0 | 0 |
| NACCO INDS INC | CL A | 629579103 |  | 844959 | 17230 | SH |  | SOLE |  | 17230 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 2913900 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| NATHANS FAMOUS INC NEW | COM | 632347100 |  | 654990 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| NATIONAL BANKSHARES INC VA | COM | 634865109 |  | 1676500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| NATURAL GAS SVCS GROUP INC | COM | 63886Q109 |  | 4711000 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| NATWEST GROUP PLC | SPONS ADR | 639057207 |  | 875000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 6110465 | 73000 | SH |  | SOLE |  | 73000 | 0 | 0 |
| NERDWALLET INC | COM CL A | 64082B102 |  | 406500 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| NEUMORA THERAPEUTICS INC. | COM | 640979100 |  | 188261 | 105174 | SH |  | SOLE |  | 105174 | 0 | 0 |
| NEWELL BRANDS INC | COM | 651229106 |  | 3199200 | 860000 | SH |  | SOLE |  | 860000 | 0 | 0 |
| NEWMARK GROUP INC | CL A | 65158N102 |  | 1647300 | 95000 | SH |  | SOLE |  | 95000 | 0 | 0 |
| NMI HLDGS INC | COM | 629209305 |  | 343656 | 8425 | SH |  | SOLE |  | 8425 | 0 | 0 |
| NN INC | COM | 629337106 |  | 622060 | 485984 | SH |  | SOLE |  | 485984 | 0 | 0 |
| NORTHERN TECHNOLOGIES INTL C | COM | 665809109 |  | 504174 | 64390 | SH |  | SOLE |  | 64390 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 1311264 | 9600 | SH |  | SOLE |  | 9600 | 0 | 0 |
| NU SKIN ENTERPRISES INC | CL A | 67018T105 |  | 292544 | 30410 | SH |  | SOLE |  | 30410 | 0 | 0 |
| NUVATION BIO INC | COM CL A | 67080N101 |  | 358400 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 611820 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 7460000 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| OAK VY BANCORP OAKDALE CALIF | COM | 671807105 |  | 901800 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 1644800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| OLD MKT CAP CORP | COM | 65373A109 |  | 93178 | 17988 | SH |  | SOLE |  | 17988 | 0 | 0 |
| OLD NATL BANCORP IND | COM | 680033107 |  | 223100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| OLLIES BARGAIN OUTLET HLDGS | COM | 681116109 |  | 383635 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 807500 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ONESPAWORLD HOLDINGS LIMITED | COM | P73684113 |  | 1659200 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| ONITY GROUP INC | COM NEW | 675746606 |  | 5524839 | 120656 | SH |  | SOLE |  | 120656 | 0 | 0 |
| OPENLANE INC | COM | 48238T109 |  | 6253800 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| OPPENHEIMER HLDGS INC | CL A NON VTG | 683797104 |  | 11839006 | 163771 | SH |  | SOLE |  | 163771 | 0 | 0 |
| OPTICAL CABLE CORP | COM NEW | 683827208 |  | 88996 | 19999 | SH |  | SOLE |  | 19999 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 2390181 | 12263 | SH |  | SOLE |  | 12263 | 0 | 0 |
| ORAMED PHARMACEUTICALS INC | COM NEW | 68403P203 |  | 122399 | 42947 | SH |  | SOLE |  | 42947 | 0 | 0 |
| ORIGIN MATERIALS INC | COM | 68622D106 |  | 21170 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ORION PROPERTIES INC | COM | 68629Y103 |  | 2260000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| ORTHOFIX MED INC | COM | 68752M108 |  | 454800 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| OSCAR HEALTH INC | CL A | 687793109 |  | 6460809 | 449604 | SH |  | SOLE |  | 449604 | 0 | 0 |
| PANGAEA LOGISTICS SOLUTION L | SHS | G6891L105 |  | 600879 | 87337 | SH |  | SOLE |  | 87337 | 0 | 0 |
| PAR TECHNOLOGY CORP | COM | 698884103 |  | 1182728 | 32600 | SH |  | SOLE |  | 32600 | 0 | 0 |
| PARKE BANCORP INC | COM | 700885106 |  | 250400 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 439480 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 2335200 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| PEDIATRIX MEDICAL GROUP INC | COM | 58502B106 |  | 2566800 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 |  | 624840 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| PEOPLES FINL SVCS CORP | COM | 711040105 |  | 253974 | 5214 | SH |  | SOLE |  | 5214 | 0 | 0 |
| PEPGEN INC | COM | 713317105 |  | 618723 | 95042 | SH |  | SOLE |  | 95042 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 15557568 | 108400 | SH |  | SOLE |  | 108400 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 1185000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 6428000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 6452000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| PITNEY BOWES INC | COM | 724479100 |  | 317100 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| PLUMAS BANCORP | COM | 729273102 |  | 893800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| PMV PHARMACEUTICALS INC | COM | 69353Y103 |  | 202750 | 162200 | SH |  | SOLE |  | 162200 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 4174600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| POLARIS INC | COM | 731068102 |  | 379500 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| POOL CORP | COM | 73278L105 |  | 915000 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| POPULAR INC | COM NEW | 733174700 |  | 1245200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| PREFORMED LINE PRODS CO | COM | 740444104 |  | 578788 | 2800 | SH |  | SOLE |  | 2800 | 0 | 0 |
| PRICESMART INC | COM | 741511109 |  | 306675 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| PRIMEENERGY RESOURCES CORP | COM | 74158E104 |  | 960165 | 5615 | SH |  | SOLE |  | 5615 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 716550 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| PROFICIENT AUTO LOGISTICS IN | COM | 74317M104 |  | 289200 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| PROPETRO HLDG CORP | COM | 74347M108 |  | 1380852 | 145200 | SH |  | SOLE |  | 145200 | 0 | 0 |
| PROTHENA CORP PLC | SHS | G72800108 |  | 278860 | 29200 | SH |  | SOLE |  | 29200 | 0 | 0 |
| PROTO LABS INC | COM | 743713109 |  | 505900 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 5863000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| PURSUIT ATTRACTIONS AND HOSP | COM | 92552R406 |  | 1212480 | 36000 | SH |  | SOLE |  | 36000 | 0 | 0 |
| QFIN HOLDINGS INC | AMERICAN DEP | 88557W101 |  | 963500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| RADIAN GROUP INC | COM | 750236101 |  | 4318800 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| RADIANT LOGISTICS INC | COM | 75025X100 |  | 354683 | 56032 | SH |  | SOLE |  | 56032 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 3536100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| RE MAX HLDGS INC | CL A | 75524W108 |  | 239464 | 31550 | SH |  | SOLE |  | 31550 | 0 | 0 |
| THE REALREAL INC | NOTE 1.000% 3/0 | 88339PAD3 |  | 1764375 | 1875000 | SH |  | SOLE |  | 1875000 | 0 | 0 |
| REDWOOD TRUST INC | COM | 758075402 |  | 82950 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 841920 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| RELMADA THERAPEUTICS INC | COM | 75955J402 |  | 676200 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| RENAISSANCERE HLDGS LTD | COM | G7496G103 |  | 5623200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| RENTOKIL INITIAL PLC | SPONSORED ADR | 760125104 |  | 736500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| RESIDEO TECHNOLOGIES INC | COM | 76118Y104 |  | 526800 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| REXFORD INDL RLTY INC | COM | 76169C100 |  | 387200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| RILEY EXPLORATION PERMIAN IN | COM | 76665T102 |  | 396000 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| RING ENERGY INC | COM | 76680V108 |  | 789453 | 907417 | SH |  | SOLE |  | 907417 | 0 | 0 |
| RIVERVIEW BANCORP INC | COM | 769397100 |  | 200800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 1167210 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| ROOT INC | CL A NEW | 77664L207 |  | 1054558 | 14600 | SH |  | SOLE |  | 14600 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 4462720 | 16000 | SH |  | SOLE |  | 16000 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 3120000 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 26129500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| SABRE CORP | COM | 78573M104 |  | 816426 | 600313 | SH |  | SOLE |  | 600313 | 0 | 0 |
| SANMINA CORPORATION | COM | 801056102 |  | 1500700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 1848335 | 18500 | SH |  | SOLE |  | 18500 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 382710 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| SEABOARD CORP DEL | COM | 811543107 |  | 671168 | 151 | SH |  | SOLE |  | 151 | 0 | 0 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 828600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| SECURITY NATL FINL CORP | CL A NEW | 814785309 |  | 2734841 | 303534 | SH |  | SOLE |  | 303534 | 0 | 0 |
| SEI INVTS CO | COM | 784117103 |  | 820200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| SELECT WATER SOLUTIONS INC | CL A COM | 81617J301 |  | 368200 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| SENSATA TECHNOLOGIES HLDG PL | SHS | G8060N102 |  | 1331600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| SERVICE CORP INTL | COM | 817565104 |  | 1559400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| SHARPLINK GAMING INC | COM NEW | 820014405 |  | 1247309 | 139520 | SH |  | SOLE |  | 139520 | 0 | 0 |
| SIFCO INDS INC | COM | 826546103 |  | 926944 | 166119 | SH |  | SOLE |  | 166119 | 0 | 0 |
| SILGAN HLDGS INC | COM | 827048109 |  | 6445918 | 159671 | SH |  | SOLE |  | 159671 | 0 | 0 |
| SILICOM LTD | ORD | M84116108 |  | 186690 | 12700 | SH |  | SOLE |  | 12700 | 0 | 0 |
| SIRIUSPOINT LTD | COM | G8192H106 |  | 9126882 | 416943 | SH |  | SOLE |  | 416943 | 0 | 0 |
| SLB LIMITED | COM STK | 806857108 |  | 3454200 | 90000 | SH |  | SOLE |  | 90000 | 0 | 0 |
| SMITH MIDLAND CORP | COM | 832156103 |  | 2696428 | 74200 | SH |  | SOLE |  | 74200 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 322800 | 40000 | SH | Call | SOLE |  | 40000 | 0 | 0 |
| SNDL INC | COM | 83307B101 |  | 415000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| SONOCO PRODS CO | COM | 835495102 |  | 3473569 | 79596 | SH |  | SOLE |  | 79596 | 0 | 0 |
| SPAR GROUP INC | COM | 784933103 |  | 76961 | 97296 | SH |  | SOLE |  | 97296 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 99764896 | 146300 | SH |  | SOLE |  | 146300 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 6032800 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| SPECTRUM BRANDS HLDGS INC NE | COM | 84790A105 |  | 1399605 | 23690 | SH |  | SOLE |  | 23690 | 0 | 0 |
| ST JOE CO | COM | 790148100 |  | 1484250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| STAR BULK CARRIERS CORP. | SHS PAR | Y8162K204 |  | 1633700 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| STAR EQUITY HOLDINGS INC | COM NEW | 443787205 |  | 316260 | 28112 | SH |  | SOLE |  | 28112 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 12384960 | 96000 | SH |  | SOLE |  | 96000 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A854 |  | 17213126 | 214574 | SH |  | SOLE |  | 214574 | 0 | 0 |
| STEWART INFORMATION SVCS COR | COM | 860372101 |  | 10225640 | 145540 | SH |  | SOLE |  | 145540 | 0 | 0 |
| STONERIDGE INC | COM | 86183P102 |  | 463200 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| STRATASYS LTD | SHS | M85548101 |  | 868000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| STRATTEC SEC CORP | COM | 863111100 |  | 761400 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| STRATUS PPTYS INC | COM NEW | 863167201 |  | 3219108 | 133131 | SH |  | SOLE |  | 133131 | 0 | 0 |
| SUTRO BIOPHARMA INC | COM SHS | 869367201 |  | 176697 | 15272 | SH |  | SOLE |  | 15272 | 0 | 0 |
| SYNCHRONOSS TECHNOLOGIES INC | COM NEW | 87157B400 |  | 597548 | 69807 | SH |  | SOLE |  | 69807 | 0 | 0 |
| TABOOLA.COM LTD | ORD SHS | M8744T106 |  | 1152500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 12777000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| TASEKO MINES LTD | COM | 876511106 |  | 398464 | 70400 | SH |  | SOLE |  | 70400 | 0 | 0 |
| TAYLOR DEVICES INC | COM | 877163105 |  | 1227660 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| TEADS HLDG CO | COM | 69002R103 |  | 77429 | 110000 | SH |  | SOLE |  | 110000 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 388200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 18528057 | 93237 | SH |  | SOLE |  | 93237 | 0 | 0 |
| TENNANT CO | COM | 880345103 |  | 665806 | 9034 | SH |  | SOLE |  | 9034 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 1798880 | 4000 | SH | Put | SOLE |  | 4000 | 0 | 0 |
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADS | 881624209 |  | 1560500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| TEXTRON INC | COM | 883203101 |  | 435850 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| TFI INTL INC | COM | 87241L109 |  | 3668925 | 35500 | SH |  | SOLE |  | 35500 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 11609000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 1950900 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 227720 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| THE REALREAL INC | COM | 88339P101 |  | 5316108 | 336889 | SH |  | SOLE |  | 336889 | 0 | 0 |
| THERMON GROUP HLDGS INC | COM | 88362T103 |  | 5759800 | 155000 | SH |  | SOLE |  | 155000 | 0 | 0 |
| THOR INDS INC | COM | 885160101 |  | 308010 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| TIMBERLAND BANCORP INC | COM | 887098101 |  | 730893 | 20416 | SH |  | SOLE |  | 20416 | 0 | 0 |
| TOLL BROTHERS INC | COM | 889478103 |  | 10885210 | 80500 | SH |  | SOLE |  | 80500 | 0 | 0 |
| TOWNSQUARE MEDIA INC | CL A | 892231101 |  | 2173865 | 422931 | SH |  | SOLE |  | 422931 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 389200 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| TRANSCONTINENTAL RLTY INVS | COM NEW | 893617209 |  | 213787 | 3647 | SH |  | SOLE |  | 3647 | 0 | 0 |
| TRANSUNION | COM | 89400J107 |  | 2143750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| TRAVEL PLUS LEISURE CO | COM | 894164102 |  | 423180 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| TRAVELZOO | COM NEW | 89421Q205 |  | 85440 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| TRIMAS CORP | COM NEW | 896215209 |  | 234005 | 6601 | SH |  | SOLE |  | 6601 | 0 | 0 |
| TRUBRIDGE INC | COM | 205306103 |  | 551750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| TRUEBLUE INC | COM | 89785X101 |  | 1580452 | 347352 | SH |  | SOLE |  | 347352 | 0 | 0 |
| TRUECAR INC | COM | 89785L107 |  | 1130000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 1274539 | 25900 | SH |  | SOLE |  | 25900 | 0 | 0 |
| TRUMP MEDIA  TECHNOLOGY GRO | COM | 25400Q105 |  | 1061848 | 80200 | SH | Put | SOLE |  | 80200 | 0 | 0 |
| TURNING PT BRANDS INC | COM | 90041L105 |  | 3252000 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 3271520 | 23000 | SH |  | SOLE |  | 23000 | 0 | 0 |
| TWIN DISC INC | COM | 901476101 |  | 914598 | 54832 | SH |  | SOLE |  | 54832 | 0 | 0 |
| U S PHYSICAL THERAPY | COM | 90337L108 |  | 5466222 | 69999 | SH |  | SOLE |  | 69999 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 18875010 | 231000 | SH |  | SOLE |  | 231000 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 15745400 | 340000 | SH |  | SOLE |  | 340000 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 1871500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| U HAUL HOLDING COMPANY | COM SER N | 023586506 |  | 1177848 | 25200 | SH |  | SOLE |  | 25200 | 0 | 0 |
| ULTRALIFE CORP | COM | 903899102 |  | 1287000 | 225000 | SH |  | SOLE |  | 225000 | 0 | 0 |
| ULTRAPAR PARTICIPACOES SA | SP ADR REP COM | 90400P101 |  | 208213 | 55229 | SH |  | SOLE |  | 55229 | 0 | 0 |
| UNIFIRST CORP MASS | COM | 904708104 |  | 385800 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767803 |  | 1743956 | 26666 | SH |  | SOLE |  | 26666 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 8945600 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| UNITED CMNTY BKS BLAIRSVLE G | COM | 90984P303 |  | 312200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 8902520 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 18156050 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 2180200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| UNIVERSAL TECHNICAL INST INC | COM | 913915104 |  | 12433700 | 475840 | SH |  | SOLE |  | 475840 | 0 | 0 |
| UPLAND SOFTWARE INC | COM | 91544A109 |  | 611394 | 427548 | SH |  | SOLE |  | 427548 | 0 | 0 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 752600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 1139530 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 1471200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 1249400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 1410600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 3017600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| VERA BRADLEY INC | COM | 92335C106 |  | 119306 | 49300 | SH |  | SOLE |  | 49300 | 0 | 0 |
| VESTIS CORPORATION | COM SHS | 29430C102 |  | 5744484 | 861242 | SH |  | SOLE |  | 861242 | 0 | 0 |
| VICTORIAS SECRET AND CO | COMMON STOCK | 926400102 |  | 2166800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| VICTORY CAP HLDGS INC | COM CL A | 92645B103 |  | 9404385 | 149063 | SH |  | SOLE |  | 149063 | 0 | 0 |
| VIEMED HEALTHCARE INC | COM | 92663R105 |  | 490172 | 65972 | SH |  | SOLE |  | 65972 | 0 | 0 |
| VIPSHOP HLDGS LTD | SPONSORED ADS A | 92763W103 |  | 12775099 | 722165 | SH |  | SOLE |  | 722165 | 0 | 0 |
| VIRGIN GALACTIC HOLDINGS INC | COM NEW | 92766K403 |  | 422641 | 131664 | SH |  | SOLE |  | 131664 | 0 | 0 |
| VIRTU FINL INC | CL A | 928254101 |  | 333200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 33317450 | 95000 | SH |  | SOLE |  | 95000 | 0 | 0 |
| VISHAY INTERTECHNOLOGY INC | COM | 928298108 |  | 2173500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 1613300 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| VITESSE ENERGY INC | COMMON STOCK | 92852X103 |  | 226671 | 11769 | SH |  | SOLE |  | 11769 | 0 | 0 |
| VOLATILITY SHS TR | 2X SOLANA ETF | 92864M830 |  | 446600 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| WABASH NATL CORP | COM | 929566107 |  | 1221691 | 141236 | SH |  | SOLE |  | 141236 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 17025899 | 152822 | SH |  | SOLE |  | 152822 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 568850 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 502050 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 13980000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| WESCO INTL INC | COM | 95082P105 |  | 4403520 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| WILLDAN GROUP INC | COM | 96924N100 |  | 19135636 | 184600 | SH |  | SOLE |  | 184600 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 1502750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 357180 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| WILLIS LEASE FIN CORP | COM | 970646105 |  | 14609920 | 107711 | SH |  | SOLE |  | 107711 | 0 | 0 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 1643000 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 1203300 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| XBIOTECH INC | COM | 98400H102 |  | 474417 | 198501 | SH |  | SOLE |  | 198501 | 0 | 0 |
| XOMA ROYALTY CORPORATION | COM NEW | 98419J206 |  | 797700 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| XPO INC | COM | 983793100 |  | 3941390 | 29000 | SH |  | SOLE |  | 29000 | 0 | 0 |
| ZENTALIS PHARMACEUTICALS INC | COM | 98943L107 |  | 108000 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| ZOOMINFO TECHNOLOGIES INC | COMMON STOCK | 98980F104 |  | 305100 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| ZURA BIO LTD | CLASS A ORD SHS | G9TY5A101 |  | 357331 | 68193 | SH |  | SOLE |  | 68193 | 0 | 0 |
| ZYNEX INC | COM | 98986M103 |  | 18900 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |

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