# EDGAR Filing Document

**Accession Number:** 0001996244
**File Stem:** 0001996244-25-000011
**Filing Date:** 2025-11
**Character Count:** 28735
**Document Hash:** 3416752767d7ae0107929068073e9abb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001996244-25-000011.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001996244-25-000011

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SIH Partners, LLLP
- **CENTRAL INDEX KEY:** 0001996244

**ORGANIZATION NAME:**
- **EIN:** 208897884
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23822
- **FILM NUMBER:** 251484358

**BUSINESS ADDRESS:**
- **STREET 1:** 1201 N. ORANGE STREET
- **STREET 2:** SUITE 715
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801
- **BUSINESS PHONE:** 302-573-2522

**MAIL ADDRESS:**
- **STREET 1:** 1201 N. ORANGE STREET
- **STREET 2:** SUITE 715
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801

### 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:** SIH Partners LLLP<br>**Address:** 1201 N. Orange Street<br>Suite 715<br>Wilmington, DE 19801

**Form 13F File Number:** 028-23822

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:** Melissa Jamaca<br>**Title:** Treasurer<br>**Phone:** 610-617-2600

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

Melissa Jamaca  BALA CYNWYD, PA  11-14-2025<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 3

**Form 13F Information Table Entry Total:** 254

**Form 13F Information Table Value Total:** $3514876384

      (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.]

| No.   | Name                                      | Form 13F File Number   |
|:---|:---|:---|
|  | Susquehanna Pacific Pty Ltd               | 028-23823              |
|  | Susquehanna International Group Ltd.      | 028-19267              |
|  | Susquehanna International Securities Ltd. | 028-19265              |

### 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 |
| ABBVIE INC | COM | 00287Y109 |  | 423950 | 1831 | SH |  | OTR | 23 | 1831 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 5196857 | 32121 | SH |  | OTR | 23 | 32121 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 604609 | 3737 | SH |  | OTR | 24 | 3737 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 1245816 | 10296 | SH |  | OTR | 24 | 10296 | 0 | 0 |
| ALCOA CORP | COM | 013872106 |  | 1217062 | 37004 | SH |  | OTR | 17 | 37004 | 0 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 76969352 | 1033007 | SH |  | OTR | 24 | 1033007 | 0 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 322926340 | 4334000 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 34371463 | 461300 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 34372817 | 192317 | SH |  | OTR | 17 | 192317 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 1504907 | 8420 | SH |  | OTR | 23 | 8420 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 465120 | 1020 | SH |  | OTR | 23 | 1020 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 3237510 | 13293 | SH |  | OTR | 23 | 13293 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2369982 | 9749 | SH |  | OTR | 23 | 9749 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 245774 | 1011 | SH |  | OTR | 24 | 1011 | 0 | 0 |
| ALT5 SIGMA CORP | COM | 47089W104 |  | 53800 | 20000 | SH |  | OTR | 23 | 20000 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 11258671 | 51276 | SH |  | OTR | 23 | 51276 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 948762 | 4321 | SH |  | OTR | 24 | 4321 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 4528268 | 553578 | SH |  | OTR | 17 | 553578 | 0 | 0 |
| AMRIZE LTD | SHS | H2927K103 |  | 12553255 | 258670 | SH |  | OTR | 23 | 258670 | 0 | 0 |
| AMRIZE LTD | SHS | H2927K103 |  | 15917403 | 327991 | SH |  | OTR | 24 | 327991 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 574447 | 2338 | SH |  | OTR | 23 | 2338 | 0 | 0 |
| ANGLOGOLD ASHANTI PLC | COM SHS | G0378L100 |  | 1034062 | 14703 | SH |  | OTR | 23 | 14703 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 30839512 | 121115 | SH |  | OTR | 23 | 121115 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 828788 | 4048 | SH |  | OTR | 24 | 4048 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 211969 | 295 | SH |  | OTR | 23 | 295 | 0 | 0 |
| ARGENX SE | SPONSORED ADR | 04016X101 |  | 1366699 | 1853 | SH |  | OTR | 24 | 1853 | 0 | 0 |
| ARGENX SE | SPONSORED ADR | 04016X101 |  | 9662036 | 13100 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| ARGENX SE | SPONSORED ADR | 04016X101 |  | 6343016 | 8600 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 2132320 | 14634 | SH |  | OTR | 23 | 14634 | 0 | 0 |
| ARK 21SHARES BITCOIN ETF | SHS BEN INT | 040919102 |  | 3223107 | 84774 | SH |  | OTR | 23 | 84774 | 0 | 0 |
| ARK ETF TR | INNOVATION ETF | 00214Q104 |  | 1275169 | 14776 | SH |  | OTR | 23 | 14776 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 2829800 | 20000 | SH |  | OTR | 23 | 20000 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 3422198 | 3535 | SH |  | OTR | 23 | 3535 | 0 | 0 |
| ASTERA LABS INC | COM | 04626A103 |  | 1323021 | 6757 | SH |  | OTR | 23 | 6757 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 935600 | 12195 | SH |  | OTR | 24 | 12195 | 0 | 0 |
| AUDIOCODES LTD | ORD | M15342104 |  | 170065 | 17864 | SH |  | OTR | 23 | 17864 | 0 | 0 |
| AUTOLUS THERAPEUTICS PLC | SPON ADS | 05280R100 |  | 17702 | 10860 | SH |  | OTR | 23 | 10860 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 9603529 | 72881 | SH |  | OTR | 17 | 72881 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 3025439 | 22960 | SH |  | OTR | 23 | 22960 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 237450 | 1802 | SH |  | OTR | 24 | 1802 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 580937 | 11924 | SH |  | OTR | 23 | 11924 | 0 | 0 |
| BANCO BILBAO VIZCAYA ARGENTA | SPONSORED ADR | 05946K101 |  | 556383 | 28903 | SH |  | OTR | 23 | 28903 | 0 | 0 |
| BANCO SANTANDER S.A. | ADR | 05964H105 |  | 1897928 | 181100 | SH |  | OTR | 24 | 181100 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 388834 | 7537 | SH |  | OTR | 23 | 7537 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 311699 | 620 | SH |  | OTR | 23 | 620 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 102508696 | 1838721 | SH |  | OTR | 17 | 1838721 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 1002552 | 17983 | SH |  | OTR | 24 | 17983 | 0 | 0 |
| BILIBILI INC | SPONS ADS REP Z | 090040106 |  | 6720813 | 239260 | SH |  | OTR | 17 | 239260 | 0 | 0 |
| BITMINE IMMERSION TECNOLOGIE | COM NEW | 09175A206 |  | 25724201 | 495363 | SH |  | OTR | 23 | 495363 | 0 | 0 |
| BITWISE BITCOIN ETF TR | SHS BEN INT | 09174C104 |  | 2305687 | 37057 | SH |  | OTR | 23 | 37057 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 470209 | 5560 | SH |  | OTR | 23 | 5560 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 809810 | 23500 | SH |  | OTR | 24 | 23500 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 2578457 | 57172 | SH |  | OTR | 23 | 57172 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 2628063 | 7966 | SH |  | OTR | 23 | 7966 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 208214 | 2208 | SH |  | OTR | 23 | 2208 | 0 | 0 |
| CANTOR EQUITY PARTNERS I INC | SHS CL A | G1827K107 |  | 616586 | 58947 | SH |  | OTR | 23 | 58947 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 338777 | 710 | SH |  | OTR | 23 | 710 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 |  | 290236 | 1178 | SH |  | OTR | 23 | 1178 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 |  | 391991 | 1591 | SH |  | OTR | 24 | 1591 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 304769 | 1297 | SH |  | OTR | 23 | 1297 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 719148 | 4631 | SH |  | OTR | 23 | 4631 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 729190 | 5500 | SH |  | OTR | 24 | 5500 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 272517 | 3983 | SH |  | OTR | 23 | 3983 | 0 | 0 |
| CMB.TECH NV | SHS | B38564108 |  | 117347 | 12497 | SH |  | OTR | 23 | 12497 | 0 | 0 |
| COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 |  | 770293 | 8520 | SH |  | OTR | 24 | 8520 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 4051230 | 12004 | SH |  | OTR | 23 | 12004 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 339294 | 3587 | SH |  | OTR | 23 | 3587 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 292214 | 888 | SH |  | OTR | 23 | 888 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 5739900 | 41943 | SH |  | OTR | 23 | 41943 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 5454131 | 45489 | SH |  | OTR | 23 | 45489 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 220256 | 1837 | SH |  | OTR | 24 | 1837 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 599500 | 5000 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 6954200 | 58000 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 240438 | 6771 | SH |  | OTR | 23 | 6771 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 289063 | 1458 | SH |  | OTR | 23 | 1458 | 0 | 0 |
| DBX ETF TR | XTRACK HRVST CSI | 233051879 |  | 32246393 | 977756 | SH |  | OTR | 17 | 977756 | 0 | 0 |
| DEUTSCHE BANK A G | NAMEN AKT | D18190898 |  | 7405683 | 209141 | SH |  | OTR | 24 | 209141 | 0 | 0 |
| DEUTSCHE BANK A G | NAMEN AKT | D18190898 |  | 288495893 | 8147300 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| DEUTSCHE BANK A G | NAMEN AKT | D18190898 |  | 126311011 | 3567100 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| DIREXION SHS ETF TR | DAILY 20+ YEAR T | 25460G138 |  | 1004500 | 25000 | SH |  | OTR | 17 | 25000 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 3293249 | 28762 | SH |  | OTR | 23 | 28762 | 0 | 0 |
| DYNAMIX CORP | SHS CL A | G2949D104 |  | 244812 | 23517 | SH |  | OTR | 24 | 23517 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 699671 | 917 | SH |  | OTR | 23 | 917 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 458328 | 9083 | SH |  | OTR | 23 | 9083 | 0 | 0 |
| ENDAVA PLC | ADS | 29260V105 |  | 122896 | 13505 | SH |  | OTR | 24 | 13505 | 0 | 0 |
| EPAM SYS INC | COM | 29414B104 |  | 283184 | 1878 | SH |  | OTR | 24 | 1878 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1199660 | 10640 | SH |  | OTR | 23 | 10640 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 12802183 | 57005 | SH |  | OTR | 23 | 57005 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 673740 | 3000 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 1572060 | 7000 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 |  | 1640529 | 3381 | SH |  | OTR | 23 | 3381 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 |  | 499291 | 1029 | SH |  | OTR | 24 | 1029 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 |  | 148040622 | 305100 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 |  | 110872770 | 228500 | SH | Call | DFND | 24 | 0 | 0 | 0 |
| FERROVIAL SE | ORD SHS | N3168P101 |  | 1065055 | 18175 | SH |  | OTR | 23 | 18175 | 0 | 0 |
| FERROVIAL SE | ORD SHS | N3168P101 |  | 2915877 | 49759 | SH |  | OTR | 24 | 49759 | 0 | 0 |
| FERROVIAL SE | ORD SHS | N3168P101 |  | 9885820 | 168700 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| FERROVIAL SE | ORD SHS | N3168P101 |  | 51392200 | 877000 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 409702 | 1613 | SH |  | OTR | 23 | 1613 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 5334000 | 21000 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 10414000 | 41000 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| FRONTLINE PLC | COM | M46528101 |  | 2830222 | 124187 | SH |  | OTR | 23 | 124187 | 0 | 0 |
| FRONTLINE PLC | COM | M46528101 |  | 4804884 | 210833 | SH |  | OTR | 24 | 210833 | 0 | 0 |
| FRONTLINE PLC | COM | M46528101 |  | 8671595 | 380500 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| FRONTLINE PLC | COM | M46528101 |  | 3407105 | 149500 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| GDS HLDGS LTD | SPONSORED ADS | 36165L108 |  | 8827470 | 228100 | SH |  | OTR | 17 | 228100 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 3284181 | 5341 | SH |  | OTR | 23 | 5341 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 317444 | 6296 | SH |  | OTR | 23 | 6296 | 0 | 0 |
| GLOBAL X FDS | LITHIUM BTRY ETF | 37954Y855 |  | 1660759 | 29213 | SH |  | OTR | 23 | 29213 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 586114 | 736 | SH |  | OTR | 23 | 736 | 0 | 0 |
| GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 |  | 495904 | 82376 | SH |  | OTR | 23 | 82376 | 0 | 0 |
| HAFNIA LTD | SHS | Y2990R101 |  | 230507 | 38482 | SH |  | OTR | 24 | 38482 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 252298 | 10256 | SH |  | OTR | 23 | 10256 | 0 | 0 |
| HSBC HLDGS PLC | SPON ADR NEW | 404280406 |  | 4904576 | 69098 | SH |  | OTR | 24 | 69098 | 0 | 0 |
| I-80 GOLD CORP | COM | 44955L106 |  | 11447 | 11981 | SH |  | OTR | 23 | 11981 | 0 | 0 |
| ING GROEP N.V. | SPONSORED ADR | 456837103 |  | 646784 | 24800 | SH |  | OTR | 24 | 24800 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 314204 | 3803 | SH |  | OTR | 23 | 3803 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 466975 | 1655 | SH |  | OTR | 23 | 1655 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 277283 | 620 | SH |  | OTR | 23 | 620 | 0 | 0 |
| IONQ INC | COM | 46222L108 |  | 364388 | 5925 | SH |  | OTR | 23 | 5925 | 0 | 0 |
| IQIYI INC | SPONSORED ADS | 46267X108 |  | 30464 | 11900 | SH |  | OTR | 17 | 11900 | 0 | 0 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 2216551 | 47231 | SH |  | OTR | 23 | 47231 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 24660025 | 379385 | SH |  | OTR | 23 | 379385 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 5400851 | 174221 | SH |  | OTR | 23 | 174221 | 0 | 0 |
| ISHARES INC | MSCI MEXICO ETF | 464286822 |  | 1332482 | 19535 | SH |  | OTR | 23 | 19535 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 16647632 | 149682 | SH |  | OTR | 23 | 149682 | 0 | 0 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 15636286 | 380075 | SH |  | OTR | 17 | 380075 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 362905 | 3620 | SH |  | OTR | 23 | 3620 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 2286919 | 20516 | SH |  | OTR | 23 | 20516 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 371146 | 3975 | SH |  | OTR | 23 | 3975 | 0 | 0 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 5466300 | 105000 | SH |  | OTR | 23 | 105000 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 98237587 | 2808393 | SH |  | OTR | 17 | 2808393 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 2023348 | 57843 | SH |  | OTR | 23 | 57843 | 0 | 0 |
| JOBY AVIATION INC | COMMON STOCK | G65163100 |  | 338762 | 20989 | SH |  | OTR | 23 | 20989 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 439816 | 2372 | SH |  | OTR | 23 | 2372 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1064261 | 3374 | SH |  | OTR | 23 | 3374 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 261373 | 1952 | SH |  | OTR | 24 | 1952 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 19570538 | 772318 | SH |  | OTR | 17 | 772318 | 0 | 0 |
| LIGHT  WONDER INC | COM | 80874P109 |  | 10175459 | 121223 | SH |  | OTR | 17 | 121223 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 456475 | 961 | SH |  | OTR | 23 | 961 | 0 | 0 |
| LITHIUM AMERS CORP NEW | COM SHS | 53681J103 |  | 148785 | 26057 | SH |  | OTR | 23 | 26057 | 0 | 0 |
| LITHIUM ARGENTINA AG | COM SHS | H5012F103 |  | 56760 | 16994 | SH |  | OTR | 23 | 16994 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 507197 | 1016 | SH |  | OTR | 23 | 1016 | 0 | 0 |
| LOGITECH INTL S A | SHS | H50430232 |  | 513960 | 4686 | SH |  | OTR | 23 | 4686 | 0 | 0 |
| LOGITECH INTL S A | SHS | H50430232 |  | 77894736 | 710200 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| LOGITECH INTL S A | SHS | H50430232 |  | 103252752 | 941400 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| LUFAX HOLDING LTD | SPONSORED ADR | 54975P201 |  | 111244 | 27400 | SH |  | OTR | 17 | 27400 | 0 | 0 |
| MARA HOLDINGS INC | COM | 565788106 |  | 219120 | 12000 | SH |  | OTR | 23 | 12000 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 1120401 | 13327 | SH |  | OTR | 23 | 13327 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 442797 | 5267 | SH |  | OTR | 24 | 5267 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 870848 | 1531 | SH |  | OTR | 23 | 1531 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 5039316 | 6862 | SH |  | OTR | 23 | 6862 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 221905 | 2694 | SH |  | OTR | 23 | 2694 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 315733 | 1887 | SH |  | OTR | 23 | 1887 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 350201 | 2093 | SH |  | OTR | 24 | 2093 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 5489234 | 10598 | SH |  | OTR | 23 | 10598 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 702340 | 1356 | SH |  | OTR | 24 | 1356 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 517950 | 1000 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 404712 | 2546 | SH |  | OTR | 23 | 2546 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 359887 | 787 | SH |  | OTR | 23 | 787 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 354661 | 3159 | SH |  | OTR | 23 | 3159 | 0 | 0 |
| NETEASE INC | SPONSORED ADS | 64110W102 |  | 35231738 | 231803 | SH |  | OTR | 17 | 231803 | 0 | 0 |
| NETEASE INC | SPONSORED ADS | 64110W102 |  | 2814399 | 18517 | SH |  | OTR | 23 | 18517 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 8002791 | 6675 | SH |  | OTR | 23 | 6675 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 839244 | 700 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 3596760 | 3000 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 |  | 432792 | 3083 | SH |  | OTR | 24 | 3083 | 0 | 0 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 |  | 160145 | 72464 | SH |  | OTR | 23 | 72464 | 0 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 80772 | 10600 | SH |  | OTR | 17 | 10600 | 0 | 0 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 668936 | 139072 | SH |  | OTR | 24 | 139072 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 372281 | 2903 | SH |  | OTR | 23 | 2903 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 3036210 | 23676 | SH |  | OTR | 24 | 23676 | 0 | 0 |
| NUSCALE PWR CORP | CL A COM | 67079K100 |  | 1142424 | 31734 | SH |  | OTR | 23 | 31734 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 19494252 | 104482 | SH |  | OTR | 23 | 104482 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 200574 | 1075 | SH |  | OTR | 24 | 1075 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 373160 | 2000 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1100822 | 5900 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| OKLO INC | COM CL A | 02156V109 |  | 623342 | 5584 | SH |  | OTR | 23 | 5584 | 0 | 0 |
| ONDAS HLDGS INC | COM NEW | 68236H204 |  | 154423 | 20003 | SH |  | OTR | 23 | 20003 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 452268 | 6198 | SH |  | OTR | 23 | 6198 | 0 | 0 |
| OPKO HEALTH INC | COM | 68375N103 |  | 232694 | 150125 | SH |  | OTR | 23 | 150125 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 2001585 | 7117 | SH |  | OTR | 23 | 7117 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 514972 | 2823 | SH |  | OTR | 23 | 2823 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 401742 | 1973 | SH |  | OTR | 23 | 1973 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 4784554 | 36200 | SH |  | OTR | 23 | 36200 | 0 | 0 |
| PERION NETWORK LTD | SHS NEW | M78673114 |  | 135312 | 14095 | SH |  | OTR | 23 | 14095 | 0 | 0 |
| PLUG POWER INC | COM NEW | 72919P202 |  | 405555 | 174058 | SH |  | OTR | 23 | 174058 | 0 | 0 |
| PVH CORPORATION | COM | 693656100 |  | 1769222 | 21120 | SH |  | OTR | 24 | 21120 | 0 | 0 |
| QIAGEN NV | COM SHS | N72482206 |  | 1862799 | 41692 | SH |  | OTR | 24 | 41692 | 0 | 0 |
| QIAGEN NV | COM SHS | N72482206 |  | 5437545 | 121699 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| QIAGEN NV | COM SHS | N72482206 |  | 2251815 | 50398 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 490596 | 2949 | SH |  | OTR | 23 | 2949 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 2398107 | 7648 | SH |  | OTR | 24 | 7648 | 0 | 0 |
| RELX PLC | SPONSORED ADR | 759530108 |  | 618731 | 12955 | SH |  | OTR | 24 | 12955 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 4341905 | 15862 | SH |  | OTR | 23 | 15862 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 647020 | 34000 | SH |  | OTR | 23 | 34000 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 453144 | 1912 | SH |  | OTR | 23 | 1912 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 |  | 3345355 | 29816 | SH |  | OTR | 17 | 29816 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 |  | 1222980 | 10900 | SH |  | OTR | 23 | 10900 | 0 | 0 |
| SANOFI SA | SPONSORED ADR | 80105N105 |  | 212400 | 4500 | SH |  | OTR | 24 | 4500 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 359579 | 10462 | SH |  | OTR | 23 | 10462 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 1748516 | 9783 | SH |  | OTR | 23 | 9783 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 1543077 | 17218 | SH |  | OTR | 23 | 17218 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 12843303 | 92285 | SH |  | OTR | 23 | 92285 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 11244684 | 143482 | SH |  | OTR | 23 | 143482 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 1295430 | 14500 | SH |  | OTR | 24 | 14500 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 722235 | 13407 | SH |  | OTR | 23 | 13407 | 0 | 0 |
| SENSEONICS HLDGS INC | COM | 81727U105 |  | 4443 | 10195 | SH |  | OTR | 23 | 10195 | 0 | 0 |
| SHARPLINK GAMING INC | COM NEW | 820014405 |  | 712192 | 41869 | SH |  | OTR | 23 | 41869 | 0 | 0 |
| SIBANYE STILLWATER LTD | SPONSORED ADR | 82575P107 |  | 460312 | 40953 | SH |  | OTR | 23 | 40953 | 0 | 0 |
| SMURFIT WESTROCK PLC | SHS | G8267P108 |  | 5529204 | 129885 | SH |  | OTR | 23 | 129885 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 927480 | 2000 | SH |  | OTR | 17 | 2000 | 0 | 0 |
| SPDR SERIES TRUST | S METALS MNG | 78464A755 |  | 691749 | 7423 | SH |  | OTR | 23 | 7423 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 872500 | 1250 | SH |  | OTR | 23 | 1250 | 0 | 0 |
| SPROTT FDS TR | URANIUM MINERS E | 85208P303 |  | 941016 | 15572 | SH |  | OTR | 23 | 15572 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 67411431 | 7217498 | SH |  | OTR | 23 | 7217498 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 90796288 | 9721230 | SH |  | OTR | 24 | 9721230 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 90364500 | 9675000 | SH | Put | OTR | 23 | 0 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 255019360 | 27304000 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 198022113 | 21201511 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| STMICROELECTRONICS N V | NY REGISTRY | 861012102 |  | 911498 | 32254 | SH |  | OTR | 24 | 32254 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 1978915 | 41279 | SH |  | OTR | 23 | 41279 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 386444 | 8061 | SH |  | OTR | 24 | 8061 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 20060842 | 71828 | SH |  | OTR | 23 | 71828 | 0 | 0 |
| TASEKO MINES LTD | COM | 876511106 |  | 62325 | 14734 | SH |  | OTR | 23 | 14734 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 2816803 | 20465 | SH |  | OTR | 24 | 20465 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 3157512 | 7100 | SH |  | OTR | 23 | 7100 | 0 | 0 |
| TIDAL TRUST II | YIELDMAX MSTR OP | 88634T493 |  | 314630 | 22538 | SH |  | OTR | 23 | 22538 | 0 | 0 |
| TITAN AMER SA | COMMON SHARES | B9151N105 |  | 550883 | 36873 | SH |  | OTR | 23 | 36873 | 0 | 0 |
| TORM PLC | SHS CL A | G89479102 |  | 243605 | 11814 | SH |  | OTR | 24 | 11814 | 0 | 0 |
| TOTALENERGIES SE | SPONSORED ADS | 89151E109 |  | 513274 | 8599 | SH |  | OTR | 24 | 8599 | 0 | 0 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 409124 | 2141 | SH |  | OTR | 23 | 2141 | 0 | 0 |
| TRIP COM GROUP LTD | ADS | 89677Q107 |  | 24537760 | 326300 | SH |  | OTR | 17 | 326300 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 248942 | 2541 | SH |  | OTR | 23 | 2541 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 3884258 | 94738 | SH |  | OTR | 23 | 94738 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 22594075 | 551075 | SH |  | OTR | 24 | 551075 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 297631300 | 7259300 | SH | Put | OTR | 24 | 0 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 189514300 | 4622300 | SH | Call | OTR | 24 | 0 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 534433 | 2261 | SH |  | OTR | 23 | 2261 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 1347980 | 1412 | SH |  | OTR | 23 | 1412 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 494434 | 45528 | SH |  | OTR | 23 | 45528 | 0 | 0 |
| VERONA PHARMA PLC | SPONSORED ADS | 925050106 |  | 572606 | 5366 | SH |  | OTR | 23 | 5366 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 556221 | 3687 | SH |  | OTR | 23 | 3687 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 841843 | 2466 | SH |  | OTR | 23 | 2466 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 581295 | 2967 | SH |  | OTR | 23 | 2967 | 0 | 0 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 11111733 | 957908 | SH |  | OTR | 24 | 957908 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 3609921 | 11735 | SH |  | OTR | 23 | 11735 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 1060590 | 10291 | SH |  | OTR | 23 | 10291 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 217068 | 1808 | SH |  | OTR | 23 | 1808 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 747783 | 11804 | SH |  | OTR | 23 | 11804 | 0 | 0 |
| XPENG INC | ADS | 98422D105 |  | 3972992 | 169641 | SH |  | OTR | 17 | 169641 | 0 | 0 |
| XPENG INC | ADS | 98422D105 |  | 1826128 | 77973 | SH |  | OTR | 23 | 77973 | 0 | 0 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 957331 | 22305 | SH |  | OTR | 23 | 22305 | 0 | 0 |
| ZTO EXPRESS CAYMAN INC | SPONSORED ADS A | 98980A105 |  | 8410560 | 438050 | SH |  | OTR | 17 | 438050 | 0 | 0 |

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