# EDGAR Filing Document

**Accession Number:** 0001269950
**File Stem:** 0000919574-25-006250
**Filing Date:** 2025-10
**Character Count:** 24803
**Document Hash:** ddf25cd3d323db470ca9c93720c7d2b1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-25-006250.hdr.sgml**: 20251024

**ACCESSION NUMBER**: 0000919574-25-006250

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251024

**DATE AS OF CHANGE**: 20251024

**EFFECTIVENESS DATE**: 20251024

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10538
- **FILM NUMBER:** 251415486

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

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

### FORM 13F COVER PAGE

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

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

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

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

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

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

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

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

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

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

/s/Denise Vitti  New York, NY  10-24-2025<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 206

**Form 13F Information Table Value Total:** $606310798

      (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 |
| ALDEL FINL II INC | CL A | G01558108 |  | 522500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 951737 | 5325 | SH |  | SOLE |  | 5325 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 4062658 | 16681 | SH |  | SOLE |  | 16681 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 44184884 | 181756 | SH |  | SOLE |  | 181756 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 2788855 | 42217 | SH |  | SOLE |  | 42217 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 33937617 | 154564 | SH |  | SOLE |  | 154564 | 0 | 0 |
| AMERICAN EXCEPTIONALISM ACQU | ORD CL A | G0273J101 |  | 218600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 6611320 | 197000 | SH |  | SOLE |  | 197000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 6709500 | 26350 | SH |  | SOLE |  | 26350 | 0 | 0 |
| ARCOS DORADOS HOLDINGS INC | SHS CLASS -A - | G0457F107 |  | 1123200 | 166400 | SH |  | SOLE |  | 166400 | 0 | 0 |
| ATLANTA BRAVES HLDGS INC | COM SER A | 047726104 |  | 1448083 | 31847 | SH |  | SOLE |  | 31847 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 399250 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| AUNA S A | CLASS A | L0415A103 |  | 608160 | 90500 | SH |  | SOLE |  | 90500 | 0 | 0 |
| AXIOM INTELLIGENCE AC CORP 1 | ORD SHS CL A | G0750N104 |  | 497500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 263540 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| BANCO BBVA ARGENTINA S A | SPONSORED ADS | 058934100 |  | 661440 | 79500 | SH |  | SOLE |  | 79500 | 0 | 0 |
| BANCO MACRO SA | SPON ADR B | 05961W105 |  | 274885 | 6500 | SH |  | SOLE |  | 6500 | 0 | 0 |
| BBB FOODS INC | CL A COM | G0896C103 |  | 353176 | 13100 | SH |  | SOLE |  | 13100 | 0 | 0 |
| BCP INVESTMENT CORPORATION | COM NEW | 73688F201 |  | 311471 | 27014 | SH |  | SOLE |  | 27014 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4312504 | 8578 | SH |  | SOLE |  | 8578 | 0 | 0 |
| BLUE ACQUISITION CORP. | ORD SHS CL A | G1331A108 |  | 199900 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| BLUE WTR ACQUISITION CORP. I | ORD SHS CL A | G1368E106 |  | 498000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 291370 | 1350 | SH |  | SOLE |  | 1350 | 0 | 0 |
| BOLD EAGLE ACQUISITION CORP | CL A | G2003N105 |  | 520000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 1139246 | 211 | SH |  | SOLE |  | 211 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 4178564 | 42800 | SH |  | SOLE |  | 42800 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 31382029 | 95123 | SH |  | SOLE |  | 95123 | 0 | 0 |
| CANTOR EQUITY PARTNERS I INC | SHS CL A | G1827K107 |  | 313800 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| CANTOR EQUITY PARTNERS II IN | CL A ORD SHS | G1827P106 |  | 210200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| CANTOR EQUITY PARTNERS III I | SHS CL A | G1828A108 |  | 103200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CANTOR EQUITY PARTNERS IV IN | SHS CL A | G1828E100 |  | 101850 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 16954559 | 586460 | SH |  | SOLE |  | 586460 | 0 | 0 |
| CARTESIAN GROWTH CORP III | COM CL A | G19307100 |  | 726253 | 72300 | SH |  | SOLE |  | 72300 | 0 | 0 |
| CENTRAIS ELETRICAS BRASILEIR | SPONSORED ADR | 15234Q207 |  | 1443360 | 145500 | SH |  | SOLE |  | 145500 | 0 | 0 |
| CENTURION ACQUISITION CORP | SHS CL A | G20315100 |  | 1055000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| CHENGHE ACQUISITION III CO | UNIT 09/09/2030 | G2086N113 |  | 99800 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 411518 | 2650 | SH |  | SOLE |  | 2650 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 3550614 | 90600 | SH |  | SOLE |  | 90600 | 0 | 0 |
| CHUNGHWA TELECOM CO LTD | SPON ADR NEW11 | 17133Q502 |  | 453561 | 10398 | SH |  | SOLE |  | 10398 | 0 | 0 |
| CHURCHILL CAPITAL CORP IX | CL A SHS | G21301109 |  | 733600 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 3827825 | 55946 | SH |  | SOLE |  | 55946 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1786907 | 17605 | SH |  | SOLE |  | 17605 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 538600 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 213895 | 650 | SH |  | SOLE |  | 650 | 0 | 0 |
| COPA HOLDINGS SA | CL A | P31076105 |  | 4681508 | 39400 | SH |  | SOLE |  | 39400 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 3225821 | 3485 | SH |  | SOLE |  | 3485 | 0 | 0 |
| COUPANG INC | CL A | 22266T109 |  | 483000 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| CRANE HBR ACQUISITION CORP | CL A | G24979109 |  | 1014000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| CREDICORP LTD | COM | G2519Y108 |  | 431374 | 1620 | SH |  | SOLE |  | 1620 | 0 | 0 |
| DBX ETF TR | XTRACK HRVST CSI | 233051879 |  | 247350 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 1174725 | 20700 | SH |  | SOLE |  | 20700 | 0 | 0 |
| DRUGS MADE IN AMER ACQ II CO | UNIT 09/16/2030 | G2851K120 |  | 497250 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 3779925 | 10100 | SH |  | SOLE |  | 10100 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 6676250 | 8750 | SH |  | SOLE |  | 8750 | 0 | 0 |
| EMBRAER S.A. | SPONSORED ADS | 29082A107 |  | 5108025 | 84500 | SH |  | SOLE |  | 84500 | 0 | 0 |
| EMMIS ACQUISITION CORP. | UNIT 09/12/2030 | G3037D121 |  | 998500 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 8659922 | 159102 | SH |  | SOLE |  | 159102 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 822402 | 1050 | SH |  | SOLE |  | 1050 | 0 | 0 |
| EQV VENTURES AC CORP. II | ORD SHS CL A | G3106Q102 |  | 191935 | 19290 | SH |  | SOLE |  | 19290 | 0 | 0 |
| EQV VENTURES ACQUISITION COR | CL A ORD SHS | G3106N109 |  | 519000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| EXPAND ENERGY CORPORATION | *W EXP 02/09/202 | 165167180 |  | 241775 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 448959 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| FIFTH ERA ACQUISITION CORP I | ORD SHS CL A | G3415K101 |  | 508000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| FIGX CAP ACQUISITION CORP. | USD CL A ORD SHS | G3473K100 |  | 99900 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 773580 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| FLEX LTD | ORD | Y2573F102 |  | 9009639 | 155419 | SH |  | SOLE |  | 155419 | 0 | 0 |
| FMC CORP | COM NEW | 302491303 |  | 201780 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| FOMENTO ECONOMICO MEXICANO S | SPON ADR UNITS | 344419106 |  | 542465 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 392200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| GALATA ACQUISITION CORP II | UNIT 09/12/2030 | G3R25N124 |  | 149700 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 380980 | 1230 | SH |  | SOLE |  | 1230 | 0 | 0 |
| GARRETT MOTION INC | COM | 366505105 |  | 476700 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| GEOPARK LTD | USD SHS | G38327105 |  | 805805 | 126500 | SH |  | SOLE |  | 126500 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 357244 | 4300 | SH |  | SOLE |  | 4300 | 0 | 0 |
| GLOBAL X FDS | GLOBAL X URANIUM | 37954Y871 |  | 13459624 | 282350 | SH |  | SOLE |  | 282350 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1513065 | 1900 | SH |  | SOLE |  | 1900 | 0 | 0 |
| GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 |  | 632100 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| GRAF GLOBAL CORP | ORD SHS CL A | G4036C106 |  | 1054000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| GRAYSCALE BITCOIN MINI TR ET | SHS NEW | 389930207 |  | 231379 | 4570 | SH |  | SOLE |  | 4570 | 0 | 0 |
| GRAYSCALE BITCOIN TRUST ETF | SHS REP COM UT | 389637109 |  | 1189452 | 13250 | SH |  | SOLE |  | 13250 | 0 | 0 |
| GRUPO FINANCIERO GALICIA S.A | SPONSORED ADR | 399909100 |  | 587028 | 21300 | SH |  | SOLE |  | 21300 | 0 | 0 |
| GXO LOGISTICS INCORPORATED | COMMON STOCK | 36262G101 |  | 219917 | 4158 | SH |  | SOLE |  | 4158 | 0 | 0 |
| HAWAIIAN ELEC INDUSTRIES | COM | 419870100 |  | 407221 | 36886 | SH |  | SOLE |  | 36886 | 0 | 0 |
| HAYMAKER ACQUISITION CORP IV | CLASS A | G4375F108 |  | 567000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| HCM II ACQUISITION CORP | SHS CL A | G43658106 |  | 1230750 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 1646512 | 48200 | SH |  | SOLE |  | 48200 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 9630151 | 23767 | SH |  | SOLE |  | 23767 | 0 | 0 |
| IB ACQUISITION CORP | COM SHS | 44934N108 |  | 1060343 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 1073165 | 35500 | SH |  | SOLE |  | 35500 | 0 | 0 |
| INFLECTION PT ACQUISITION CO | CL A ORD SHS | G47875102 |  | 503500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| INFOSYS LTD | SPONSORED ADR | 456788108 |  | 935525 | 57500 | SH |  | SOLE |  | 57500 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 894460 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 1767435 | 9317 | SH |  | SOLE |  | 9317 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 991211 | 1651 | SH |  | SOLE |  | 1651 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 6087250 | 93650 | SH |  | SOLE |  | 93650 | 0 | 0 |
| ISHARES ETHEREUM TR | SHS | 46438R105 |  | 4994335 | 158500 | SH |  | SOLE |  | 158500 | 0 | 0 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 6291047 | 54700 | SH |  | SOLE |  | 54700 | 0 | 0 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 2897885 | 11300 | SH |  | SOLE |  | 11300 | 0 | 0 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 796518 | 15300 | SH |  | SOLE |  | 15300 | 0 | 0 |
| ITAU UNIBANCO HLDG S A | SPON ADR REP PFD | 465562106 |  | 980991 | 133650 | SH |  | SOLE |  | 133650 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 2171700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| JACKSON ACQUISITION CO II | COM SHS CL A | G4992A110 |  | 415200 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| JADE BIOSCIENCES INC | COM NEW | 008064206 |  | 135974 | 15756 | SH |  | SOLE |  | 15756 | 0 | 0 |
| JBS N.V. | CL A SHS | N4732M103 |  | 674089 | 45150 | SH |  | SOLE |  | 45150 | 0 | 0 |
| JENA ACQUISITION CORP II | USD CL A ORD SHS | G5093B105 |  | 1015000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 651566 | 3514 | SH |  | SOLE |  | 3514 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 2184353 | 6925 | SH |  | SOLE |  | 6925 | 0 | 0 |
| KB FINL GROUP INC | SPONSORED ADR | 48241A105 |  | 1450925 | 17500 | SH |  | SOLE |  | 17500 | 0 | 0 |
| LAUNCH ONE ACQUISITION CORP | SHS CLASS A | G5S86M100 |  | 1050000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| LAUNCH TWO ACQUISITION CORP. | ORD SHS CL A | G5S87A105 |  | 1567500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| LENSAR INC | COM | 52634L108 |  | 401375 | 32500 | SH |  | SOLE |  | 32500 | 0 | 0 |
| LIONHEART HOLDINGS | SHS CL A | G5501C109 |  | 1051000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| LUMENT FINANCE TRUST INC | COM | 55025L108 |  | 404000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 395240 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| M3-BRIGADE ACQUISITION VI CO | UNIT 08/18/2030 | G63221124 |  | 253000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| M3BRIGADE ACQUISITION V CORP | CL A | G63212107 |  | 527500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| MACOM TECH SOLUTIONS HLDGS I | COM | 55405Y100 |  | 1429145 | 11480 | SH |  | SOLE |  | 11480 | 0 | 0 |
| MANNKIND CORP | COM NEW | 56400P706 |  | 3885195 | 723500 | SH |  | SOLE |  | 723500 | 0 | 0 |
| MAPLEBEAR INC | COM | 565394103 |  | 1838000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 820646 | 3151 | SH |  | SOLE |  | 3151 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 3279991 | 39015 | SH |  | SOLE |  | 39015 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 7032767 | 12364 | SH |  | SOLE |  | 12364 | 0 | 0 |
| MELAR ACQUISITION CORP. I | SHS CL A | G6004G100 |  | 1050000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 3119815 | 1335 | SH |  | SOLE |  | 1335 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 19233412 | 26190 | SH |  | SOLE |  | 26190 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 31852889 | 61498 | SH |  | SOLE |  | 61498 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 1399453 | 22402 | SH |  | SOLE |  | 22402 | 0 | 0 |
| MONEYHERO LIMITED | *W EXP 09/13/202 | G6202B119 |  | 2591 | 23200 | SH |  | SOLE |  | 23200 | 0 | 0 |
| MONEYHERO LIMITED | ORD SHS | G6202B101 |  | 31460 | 22000 | SH |  | SOLE |  | 22000 | 0 | 0 |
| MONOGRAM TECHNOLOGIES INC | COM | 609786108 |  | 375075 | 63897 | SH |  | SOLE |  | 63897 | 0 | 0 |
| MOUNTAIN LAKE ACQUISITION CO | SHS CL A | G6301B101 |  | 515000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| MURAL ONCOLOGY PUB LTD CO | ORD SHS | G63365103 |  | 370648 | 179057 | SH |  | SOLE |  | 179057 | 0 | 0 |
| NEW PROVIDENCE ACQUISITION C | USD CL A ORD SHS | G6476A102 |  | 762750 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| NEXTNAV INC | COMMON STOCK | 65345N106 |  | 500500 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 12076089 | 490300 | SH |  | SOLE |  | 490300 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 31405146 | 168320 | SH |  | SOLE |  | 168320 | 0 | 0 |
| OCULAR THERAPEUTIX INC | COM | 67576A100 |  | 32293146 | 2762459 | SH |  | SOLE |  | 2762459 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 281240 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 1497481 | 13890 | SH |  | SOLE |  | 13890 | 0 | 0 |
| OTG ACQUISITION CORP. I | UNIT 09/05/2030 | G6791A126 |  | 1007000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| OXLEY BRIDGE ACQ LTD | USD CL A ORD SHS | G6858G107 |  | 248250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| OYSTER ENTERPRISES II ACQUIS | ORD SHS CL A | G6861F104 |  | 501000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| PALVELLA THERAPEUTICS INC NE | COM | 697947109 |  | 783625 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| PAMPA ENERGIA S A | SPONS ADR LVL I | 697660207 |  | 300300 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 1991660 | 2627 | SH |  | SOLE |  | 2627 | 0 | 0 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 3220218 | 121426 | SH |  | SOLE |  | 121426 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 822900 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SP ADR NON VTG | 71654V101 |  | 245265 | 20750 | SH |  | SOLE |  | 20750 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 7341334 | 45261 | SH |  | SOLE |  | 45261 | 0 | 0 |
| PIONEER ACQUISITION I CORP | CL A ORD SHS | G7117W107 |  | 99400 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| PYROPHYTE ACQUISITION CORP. | CL A SHS | G7309T102 |  | 99600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| QXO INC | COM NEW | 82846H405 |  | 2555946 | 134100 | SH |  | SOLE |  | 134100 | 0 | 0 |
| RANGE CAP ACQUISITION CORP | ORD SHS | G7375C108 |  | 515500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | SHS CL A | G7490F101 |  | 272750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| REPUBLIC DIGITAL ACQUISITION | USD CL A ORD SHS | G7515A103 |  | 510500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 458960 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 |  | 581784 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 193800 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 498690 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 1192439 | 2450 | SH |  | SOLE |  | 2450 | 0 | 0 |
| SCPHARMACEUTICALS INC | COM | 810648105 |  | 860916 | 151837 | SH |  | SOLE |  | 151837 | 0 | 0 |
| SELECT SECTOR SPDR TR | INDL | 81369Y704 |  | 1889317 | 12250 | SH |  | SOLE |  | 12250 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 4607919 | 33110 | SH |  | SOLE |  | 33110 | 0 | 0 |
| SEMLER SCIENTIFIC INC | COM | 81684M104 |  | 3327960 | 110932 | SH |  | SOLE |  | 110932 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 4091802 | 57204 | SH |  | SOLE |  | 57204 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 346260 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| SILICON MOTION TECHNOLOGY CO | SPONSORED ADR | 82706C108 |  | 260727 | 2750 | SH |  | SOLE |  | 2750 | 0 | 0 |
| SILVER PEGASUS ACQUISITION C | SHS CL A | G8192J102 |  | 249250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| SIM ACQUISITION CORP. I | SHS CL A | G8431T101 |  | 1054000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| SIZZLE ACQUISITION CORP. II | USD CL A ORD SHS | G8193F109 |  | 1512000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| SOLARIUS CAPITAL ACQU CORP | *W EXP 07/10/203 | G82617112 |  | 6205 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| SOLARIUS CAPITAL ACQU CORP | SHS CL A | G82617104 |  | 498000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| SOULPOWER ACQUISITION CORP | USD CL A ORD SHS | G82745103 |  | 1512000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 460318 | 3793 | SH |  | SOLE |  | 3793 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 5166226 | 7755 | SH |  | SOLE |  | 7755 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 |  | 1844926 | 39830 | SH |  | SOLE |  | 39830 | 0 | 0 |
| SSGA ACTIVE ETF TR | SPDR TR TACTIC | 78467V848 |  | 219078 | 5400 | SH |  | SOLE |  | 5400 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 1364082 | 3690 | SH |  | SOLE |  | 3690 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 986780 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 11050667 | 39567 | SH |  | SOLE |  | 39567 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 9167903 | 20615 | SH |  | SOLE |  | 20615 | 0 | 0 |
| THAYER VENTURES ACQ CORP II | CL A | G87890102 |  | 250750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| TIDAL TRUST I | FUNDSTRAT GRANNY | 886364231 |  | 264894 | 10600 | SH |  | SOLE |  | 10600 | 0 | 0 |
| TITAN ACQUISITION CORP | CL A | G8901A103 |  | 1012000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 3049794 | 21100 | SH |  | SOLE |  | 21100 | 0 | 0 |
| TRAILBLAZER ACQUISITION CORP | UNIT 08/21/2030 | G9009S129 |  | 102250 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| TRIP COM GROUP LTD | ADS | 89677Q107 |  | 488800 | 6500 | SH |  | SOLE |  | 6500 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 17703963 | 180708 | SH |  | SOLE |  | 180708 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 477330 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1526226 | 4420 | SH |  | SOLE |  | 4420 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 179190 | 16500 | SH |  | SOLE |  | 16500 | 0 | 0 |
| VANECK ETF TRUST | VANECK VIETNAM | 92189F817 |  | 1534240 | 86000 | SH |  | SOLE |  | 86000 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 815900 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 650761 | 1983 | SH |  | SOLE |  | 1983 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1138179 | 12450 | SH |  | SOLE |  | 12450 | 0 | 0 |
| VERDE CLEAN FUELS INC | *W EXP 02/15/202 | 923372114 |  | 7210 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 528010 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| VINE HILL CAP INVT CORP. | ORD SHS CL A | G93Y09107 |  | 1071000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 15551566 | 45555 | SH |  | SOLE |  | 45555 | 0 | 0 |
| VISTA ENERGY S.A.B. DE C.V. | SPONSORED ADS | 92837L109 |  | 4921298 | 143061 | SH |  | SOLE |  | 143061 | 0 | 0 |
| VOYAGER ACQUISITION CORP | CL A | G93A7H104 |  | 1049550 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 11776357 | 114267 | SH |  | SOLE |  | 114267 | 0 | 0 |
| WEN ACQUISITION CORP | COM CL A | G9R39C103 |  | 253000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| WISDOMTREE TR | US QTLY DIV GRT | 97717X669 |  | 560448 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| WYNDHAM HOTELS  RESORTS INC | COM | 98311A105 |  | 1118600 | 14000 | SH |  | SOLE |  | 14000 | 0 | 0 |
| YPF SOCIEDAD ANONIMA | SPON ADR CL D | 984245100 |  | 1445255 | 59500 | SH |  | SOLE |  | 59500 | 0 | 0 |

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