# EDGAR Filing Document

**Accession Number:** 0001134621
**File Stem:** 0001062993-25-014366
**Filing Date:** 2025-8
**Character Count:** 62316
**Document Hash:** ffe7c0cc9a46010c4e02b201785fda67
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-25-014366.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001062993-25-014366

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**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
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06357
- **FILM NUMBER:** 251215141

**BUSINESS ADDRESS:**
- **STREET 1:** 3047 FILLMORE ST.
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94123
- **BUSINESS PHONE:** 415-800-8212

**MAIL ADDRESS:**
- **STREET 1:** 3047 FILLMORE ST.
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94123

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

### FORM 13F COVER PAGE

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

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** RBF Capital LLC<br>**Address:** 3047 FILLMORE ST.<br>SAN FRANCISCO, CA 94123

**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  SAN FRANCISCO, CA  08-04-2025<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:** 602

**Form 13F Information Table Value Total:** $2102303050

      (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 |  | 77000 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 2283600 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 1360100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ACI WORLDWIDE INC | COM | 004498101 |  | 550920 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| ACM RESH INC | COM CL A | 00108J109 |  | 518000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| ACUITY INC | COM | 00508Y102 |  | 1790040 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| ADICET BIO INC | COM | 007002108 |  | 376565 | 617319 | SH |  | SOLE |  | 617319 | 0 | 0 |
| ADIENT PLC | ORD SHS | G0084W101 |  | 330820 | 17000 | SH |  | SOLE |  | 17000 | 0 | 0 |
| ADT INC DEL | COM | 00090Q103 |  | 1694000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 4680000 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| AFFILIATED MANAGERS GROUP IN | COM | 008252108 |  | 511602 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| AFFIRM HLDGS INC | COM CL A | 00827B106 |  | 207420 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 590050 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| AGILYSYS INC | COM | 00847J105 |  | 2579973 | 22505 | SH |  | SOLE |  | 22505 | 0 | 0 |
| AGNC INVT CORP | COM | 00123Q104 |  | 2113700 | 230000 | SH |  | SOLE |  | 230000 | 0 | 0 |
| AIRGAIN INC | COM | 00938A104 |  | 94886 | 22700 | SH |  | SOLE |  | 22700 | 0 | 0 |
| ALASKA AIR GROUP INC | COM | 011659109 |  | 742200 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 303372 | 2675 | SH |  | SOLE |  | 2675 | 0 | 0 |
| ALIGHT INC | COM CL A | 01626W101 |  | 566000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ALLIANCEBERNSTEIN HLDG L P | UNIT LTD PARTN | 01881G106 |  | 1224900 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 664930 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| ALLOT LTD | SHS | M0854Q105 |  | 88578 | 10360 | SH |  | SOLE |  | 10360 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 4674000 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| ALPHA METALLURGICAL RESOUR I | COM | 020764106 |  | 345876 | 3075 | SH |  | SOLE |  | 3075 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 21286800 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 8811500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| ALTA EQUIPMENT GROUP INC | COMMON STOCK | 02128L106 |  | 632000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 4387800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 6672537 | 726065 | SH |  | SOLE |  | 726065 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 7336540 | 23000 | SH |  | SOLE |  | 23000 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 8559000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| AMERICAN OUTDOOR BRANDS INC | COM | 02875D109 |  | 2347216 | 224614 | SH |  | SOLE |  | 224614 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 2210200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| AMES NATL CORP | COM | 031001100 |  | 534300 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| AMN HEALTHCARE SVCS INC | COM | 001744101 |  | 382664 | 18513 | SH |  | SOLE |  | 18513 | 0 | 0 |
| AMPCO-PITTSBURG CORP | COM | 032037103 |  | 269212 | 90950 | SH |  | SOLE |  | 90950 | 0 | 0 |
| AMPLIFY ENERGY CORP NEW | COM | 03212B103 |  | 960000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 476040 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| ANGI INC | CL A NEW | 00183L201 |  | 548826 | 35965 | SH |  | SOLE |  | 35965 | 0 | 0 |
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 |  | 3436000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 1070280 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 3545331 | 24990 | SH |  | SOLE |  | 24990 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 24620400 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 40243446 | 114955 | SH |  | SOLE |  | 114955 | 0 | 0 |
| ARDMORE SHIPPING CORP | COM | Y0207T100 |  | 8658048 | 901880 | SH |  | SOLE |  | 901880 | 0 | 0 |
| ARGAN INC | COM | 04010E109 |  | 1322880 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| ARROW ELECTRS INC | COM | 042735100 |  | 3822900 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| ARTESIAN RES CORP | CL A | 043113208 |  | 1342400 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 320120 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| ASIA PACIFIC WIRE  CABLE CO | ORD | G0535E106 |  | 21361 | 12565 | SH |  | SOLE |  | 12565 | 0 | 0 |
| ASSURANT INC | COM | 04621X108 |  | 592470 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| ASSURED GUARANTY LTD | COM | G0585R106 |  | 1567800 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| ASTRONICS CORP | COM | 046433108 |  | 3360455 | 100372 | SH |  | SOLE |  | 100372 | 0 | 0 |
| ATEA PHARMACEUTICALS INC | COM | 04683R106 |  | 108000 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| AUBURN NATL BANCORP | COM | 050473107 |  | 250000 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 3095700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| AUTOHOME INC | SP ADS RP CL A | 05278C107 |  | 257900 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| AVANTOR INC | COM | 05352A100 |  | 269200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| AVIS BUDGET GROUP | COM | 053774105 |  | 564627 | 3340 | SH |  | SOLE |  | 3340 | 0 | 0 |
| AVNET INC | COM | 053807103 |  | 2781392 | 52400 | SH |  | SOLE |  | 52400 | 0 | 0 |
| AWARE INC MASS | COM | 05453N100 |  | 264600 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 311460 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 278720 | 3250 | SH |  | SOLE |  | 3250 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 5367600 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 35963200 | 760000 | SH |  | SOLE |  | 760000 | 0 | 0 |
| BANK MARIN BANCORP | COM | 063425102 |  | 687301 | 30092 | SH |  | SOLE |  | 30092 | 0 | 0 |
| BAOZUN INC | SPONSORED ADR | 06684L103 |  | 119750 | 47900 | SH |  | SOLE |  | 47900 | 0 | 0 |
| BAR HBR BANKSHARES | COM | 066849100 |  | 3992769 | 133270 | SH |  | SOLE |  | 133270 | 0 | 0 |
| BARCLAYS PLC | ADR | 06738E204 |  | 7436000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| BARRETT BUSINESS SVCS INC | COM | 068463108 |  | 1908276 | 45773 | SH |  | SOLE |  | 45773 | 0 | 0 |
| BASSETT FURNITURE INDS INC | COM | 070203104 |  | 1904651 | 125306 | SH |  | SOLE |  | 125306 | 0 | 0 |
| BATTALION OIL CORP | COM | 07134L107 |  | 25800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| BEAZER HOMES USA INC | COM NEW | 07556Q881 |  | 3131800 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| BENCHMARK ELECTRS INC | COM | 08160H101 |  | 271810 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 55388800 | 76 | SH |  | SOLE |  | 76 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 602841 | 1241 | SH |  | SOLE |  | 1241 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 9715400 | 20000 | SH | Put | SOLE |  | 20000 | 0 | 0 |
| BERRY CORP | COM | 08579X101 |  | 180050 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| BGC GROUP INC | CL A | 088929104 |  | 9497174 | 928365 | SH |  | SOLE |  | 928365 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 6295500 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| BLUE RIDGE BANKSHARES INC VA | COM | 095825105 |  | 204630 | 57000 | SH |  | SOLE |  | 57000 | 0 | 0 |
| BLUELINX HLDGS INC | COM NEW | 09624H208 |  | 595040 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| BLUEROCK HOMES TRUST INC | COM CL A | 09631H100 |  | 725584 | 57954 | SH |  | SOLE |  | 57954 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 8683860 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| BOUNDLESS BIO INC | COM | 10170A100 |  | 202000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| BRADY CORP | CL A | 104674106 |  | 2718800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| BRIGHTVIEW HLDGS INC | COM | 10948C107 |  | 999000 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 9297675 | 33730 | SH |  | SOLE |  | 33730 | 0 | 0 |
| BROOKDALE SR LIVING INC | COM | 112463104 |  | 8708644 | 1251242 | SH |  | SOLE |  | 1251242 | 0 | 0 |
| BROOKDALE SR LIVING INC | NOTE 2.000%10/1 | 112463AC8 |  | 1048750 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 221740 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| BRUNSWICK CORP | COM | 117043109 |  | 331440 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| BUCKLE INC | COM | 118440106 |  | 1360500 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 30187937 | 258702 | SH |  | SOLE |  | 258702 | 0 | 0 |
| BUMBLE INC | COM CL A | 12047B105 |  | 2636000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| CAESARSTONE LTD | ORD SHS | M20598104 |  | 776483 | 394154 | SH |  | SOLE |  | 394154 | 0 | 0 |
| CAMBIUM NETWORKS CORP | SHS | G17766109 |  | 83959 | 207306 | SH |  | SOLE |  | 207306 | 0 | 0 |
| CAMPING WORLD HLDGS INC | CL A | 13462K109 |  | 4799087 | 279179 | SH |  | SOLE |  | 279179 | 0 | 0 |
| CANADA GOOSE HLDGS INC | SHS SUB VTG | 135086106 |  | 1566600 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| CAPITAL CLEAN ENERGY CARRIER | COM | Y00408107 |  | 242591 | 10376 | SH |  | SOLE |  | 10376 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 14662568 | 68916 | SH |  | SOLE |  | 68916 | 0 | 0 |
| CARDLYTICS INC | COM | 14161W105 |  | 1363315 | 828763 | SH |  | SOLE |  | 828763 | 0 | 0 |
| CARDLYTICS INC | NOTE 4.250% 4/0 | 14161WAD7 |  | 399000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| CARIBOU BIOSCIENCES INC | COM | 142038108 |  | 100800 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 336050 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CARPARTS COM INC | COM | 14427M107 |  | 76818 | 103794 | SH |  | SOLE |  | 103794 | 0 | 0 |
| CARRIAGE SVCS INC | COM | 143905107 |  | 6560488 | 143430 | SH |  | SOLE |  | 143430 | 0 | 0 |
| CARS COM INC | COM | 14575E105 |  | 1227293 | 103569 | SH |  | SOLE |  | 103569 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 5823150 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| CATO CORP NEW | CL A | 149205106 |  | 563397 | 200497 | SH |  | SOLE |  | 200497 | 0 | 0 |
| CBIZ INC | COM | 124805102 |  | 717100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 2897623 | 16225 | SH |  | SOLE |  | 16225 | 0 | 0 |
| CELANESE CORP DEL | COM | 150870103 |  | 7912190 | 143000 | SH |  | SOLE |  | 143000 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 3618305 | 66660 | SH |  | SOLE |  | 66660 | 0 | 0 |
| CENTRAL GARDEN  PET CO | COM | 153527106 |  | 2539152 | 72176 | SH |  | SOLE |  | 72176 | 0 | 0 |
| CENTRAL GARDEN  PET CO | CL A NON-VTG | 153527205 |  | 1846079 | 58999 | SH |  | SOLE |  | 58999 | 0 | 0 |
| CENTURY CASINOS INC | COM | 156492100 |  | 737001 | 348464 | SH |  | SOLE |  | 348464 | 0 | 0 |
| CHAMPION HOMES INC | COM | 830830105 |  | 438270 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 1646500 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CHEMOURS CO | COM | 163851108 |  | 3349125 | 292500 | SH |  | SOLE |  | 292500 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1002330 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 2807500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 968500 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 289720 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| COMPANHIA SIDERURGICA NACION | SPONSORED ADR | 20440W105 |  | 183707 | 131219 | SH |  | SOLE |  | 131219 | 0 | 0 |
| CIRRUS LOGIC INC | COM | 172755100 |  | 2085100 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 1040700 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 851200 | 10000 | SH | Call | SOLE |  | 10000 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 4256000 | 50000 | SH | Put | SOLE |  | 50000 | 0 | 0 |
| CIVEO CORP CDA | COM NEW | 17878Y207 |  | 1386301 | 60039 | SH |  | SOLE |  | 60039 | 0 | 0 |
| CLARITEV CORPORATION | CL A NEW | 62548M209 |  | 6951554 | 154034 | SH |  | SOLE |  | 154034 | 0 | 0 |
| CLEANSPARK INC | COM NEW | 18452B209 |  | 551588 | 50008 | SH |  | SOLE |  | 50008 | 0 | 0 |
| CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 |  | 152100 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| CMB.TECH NV | SHS | B38564108 |  | 143914 | 15955 | SH |  | SOLE |  | 15955 | 0 | 0 |
| CNO FINL GROUP INC | COM | 12621E103 |  | 7138612 | 185034 | SH |  | SOLE |  | 185034 | 0 | 0 |
| CNX RES CORP | COM | 12653C108 |  | 842000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 4952500 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| CODA OCTOPUS GROUP INC | COM NEW | 19188U206 |  | 452010 | 55258 | SH |  | SOLE |  | 55258 | 0 | 0 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 964200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 3199230 | 41000 | SH |  | SOLE |  | 41000 | 0 | 0 |
| COGNYTE SOFTWARE LTD | ORD SHS | M25133105 |  | 184800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| COLUMBUS MCKINNON CORP N Y | COM | 199333105 |  | 2095044 | 137200 | SH |  | SOLE |  | 137200 | 0 | 0 |
| COMMERCIAL VEH GROUP INC | COM | 202608105 |  | 638323 | 384532 | SH |  | SOLE |  | 384532 | 0 | 0 |
| CONSOLIDATED WATER CO INC | ORD | G23773107 |  | 1321390 | 44017 | SH |  | SOLE |  | 44017 | 0 | 0 |
| CONTINEUM THERAPEUTICS INC | CL A | 21217B100 |  | 158800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| COPA HOLDINGS SA | CL A | P31076105 |  | 549850 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CORE  MAIN INC | CL A | 21874C102 |  | 301750 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CORE NATURAL RESOURCES INC | COM SHS | 218937100 |  | 278960 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| CORVEL CORP | COM | 221006109 |  | 616680 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| COUPANG INC | CL A | 22266T109 |  | 569240 | 19000 | SH |  | SOLE |  | 19000 | 0 | 0 |
| CRAWFORD  CO | CL B | 224633107 |  | 417864 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| CROCS INC | COM | 227046109 |  | 5064000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| CRONOS GROUP INC | COM | 22717L101 |  | 192148 | 100601 | SH |  | SOLE |  | 100601 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 3055860 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| CSG SYS INTL INC | COM | 126349109 |  | 1961390 | 30032 | SH |  | SOLE |  | 30032 | 0 | 0 |
| CUSHMAN WAKEFIELD PLC | SHS | G2717B108 |  | 1660500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| CVR ENERGY INC | COM | 12662P108 |  | 1476750 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| CVRX INC | COM | 126638105 |  | 117600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 1379600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| DANA INC | COM | 235825205 |  | 505925 | 29500 | SH |  | SOLE |  | 29500 | 0 | 0 |
| DANAOS CORPORATION | SHS | Y1968P121 |  | 36049614 | 418015 | SH |  | SOLE |  | 418015 | 0 | 0 |
| DAWSON GEOPHYSICAL CO NEW | COM | 239360100 |  | 659625 | 451798 | SH |  | SOLE |  | 451798 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 1051314 | 10200 | SH |  | SOLE |  | 10200 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 2084200 | 17000 | SH |  | SOLE |  | 17000 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 8360600 | 170000 | SH |  | SOLE |  | 170000 | 0 | 0 |
| DENNYS CORP | COM | 24869P104 |  | 119322 | 29103 | SH |  | SOLE |  | 29103 | 0 | 0 |
| DENTSPLY SIRONA INC | COM | 24906P109 |  | 3176000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| DESIGNER BRANDS INC | CL A | 250565108 |  | 107564 | 45195 | SH |  | SOLE |  | 45195 | 0 | 0 |
| DESTINATION XL GROUP INC | COM | 25065K104 |  | 222000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| DESWELL INDS INC | COM | 250639101 |  | 79914 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| DIGITALBRIDGE GROUP INC | CL A NEW | 25401T603 |  | 155250 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 |  | 4494100 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 |  | 4111800 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| DIMENSIONAL ETF TRUST | INTL CORE EQUITY | 25434V799 |  | 4041700 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| DIREXION SHS ETF TR | DAILY S BIOTCH | 25460G120 |  | 378338 | 6648 | SH |  | SOLE |  | 6648 | 0 | 0 |
| DIVERSIFIED HEALTHCARE TR | COM SH BEN INT | 25525P107 |  | 4523187 | 1263460 | SH |  | SOLE |  | 1263460 | 0 | 0 |
| DLH HLDGS CORP | COM | 23335Q100 |  | 1314000 | 225000 | SH |  | SOLE |  | 225000 | 0 | 0 |
| DNOW INC | COM | 67011P100 |  | 296600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 2336700 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| DORIAN LPG LTD | SHS USD | Y2106R110 |  | 5349118 | 219406 | SH |  | SOLE |  | 219406 | 0 | 0 |
| DOUBLEVERIFY HLDGS INC | COM | 25862V105 |  | 269460 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| DXC TECHNOLOGY CO | COM | 23355L106 |  | 305800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| DXP ENTERPRISES INC | COM NEW | 233377407 |  | 876500 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| EZCORP INC | CL A NON VTG | 302301106 |  | 555200 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 529041 | 7086 | SH |  | SOLE |  | 7086 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 2978400 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| ECOVYST INC | COM | 27923Q109 |  | 575738 | 69956 | SH |  | SOLE |  | 69956 | 0 | 0 |
| EHEALTH INC | COM | 28238P109 |  | 1871057 | 430128 | SH |  | SOLE |  | 430128 | 0 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 1472250 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| ELLINGTON FINANCIAL INC | COM | 28852N109 |  | 1376174 | 105941 | SH |  | SOLE |  | 105941 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 18130000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| ENHABIT INC | COM | 29332G102 |  | 176325 | 18291 | SH |  | SOLE |  | 18291 | 0 | 0 |
| ENSTAR GROUP LIMITED | SHS | G3075P101 |  | 337033 | 1002 | SH |  | SOLE |  | 1002 | 0 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 9011428 | 111735 | SH |  | SOLE |  | 111735 | 0 | 0 |
| ENTERPRISE FINL SVCS CORP | COM | 293712105 |  | 2242570 | 40700 | SH |  | SOLE |  | 40700 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 775250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| ENZO BIOCHEM INC | COM | 294100102 |  | 101700 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 2593700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ESQUIRE FINL HLDGS INC | COM | 29667J101 |  | 2839800 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| EVENTBRITE INC | COM CL A | 29975E109 |  | 50680 | 19270 | SH |  | SOLE |  | 19270 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 1699250 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| EXPENSIFY INC | COM CL A | 30219Q106 |  | 545770 | 210722 | SH |  | SOLE |  | 210722 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2156000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 36559200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| FERROGLOBE PLC | SHS | G33856108 |  | 1920701 | 523352 | SH |  | SOLE |  | 523352 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 296221 | 5284 | SH |  | SOLE |  | 5284 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 222102 | 5400 | SH |  | SOLE |  | 5400 | 0 | 0 |
| FINANCE OF AMERICA COMPAN | CL A NEW | 31738L206 |  | 2168760 | 93000 | SH |  | SOLE |  | 93000 | 0 | 0 |
| FINVOLUTION GROUP | SPONSORED ADS | 31810T101 |  | 521400 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| FIRST AMERN FINL CORP | COM | 31847R102 |  | 1473360 | 24000 | SH |  | SOLE |  | 24000 | 0 | 0 |
| FIRST CAP INC | COM | 31942S104 |  | 784510 | 19000 | SH |  | SOLE |  | 19000 | 0 | 0 |
| FIRST CMNTY CORP S C | COM | 319835104 |  | 1043464 | 42800 | SH |  | SOLE |  | 42800 | 0 | 0 |
| FIRST SEACOAST BANCORP INC | COM | 33631F104 |  | 447627 | 39300 | SH |  | SOLE |  | 39300 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 689640 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| FLEX LTD | ORD | Y2573F102 |  | 2490818 | 49741 | SH |  | SOLE |  | 49741 | 0 | 0 |
| FLEXSTEEL INDS INC | COM | 339382103 |  | 1981650 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| FONAR CORP | COM NEW | 344437405 |  | 1092948 | 73058 | SH |  | SOLE |  | 73058 | 0 | 0 |
| FOSSIL GROUP INC | COM | 34988V106 |  | 309523 | 209137 | SH |  | SOLE |  | 209137 | 0 | 0 |
| FRANKLIN FINL SVCS CORP | COM | 353525108 |  | 1021438 | 29500 | SH |  | SOLE |  | 29500 | 0 | 0 |
| FRANKLIN STR PPTYS CORP | COM | 35471R106 |  | 1571868 | 958456 | SH |  | SOLE |  | 958456 | 0 | 0 |
| FRESENIUS MEDICAL CARE AG | SPONSORED ADR | 358029106 |  | 231417 | 8100 | SH |  | SOLE |  | 8100 | 0 | 0 |
| FRIEDMAN INDS INC | COM | 358435105 |  | 200376 | 12100 | SH |  | SOLE |  | 12100 | 0 | 0 |
| FULCRUM THERAPEUTICS INC | COM | 359616109 |  | 553881 | 80506 | SH |  | SOLE |  | 80506 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 1327877 | 6362 | SH |  | SOLE |  | 6362 | 0 | 0 |
| GENCOR INDS INC | COM | 368678108 |  | 1275918 | 91137 | SH |  | SOLE |  | 91137 | 0 | 0 |
| GENEDX HOLDINGS CORP | COM CL A | 81663L200 |  | 3446855 | 37340 | SH |  | SOLE |  | 37340 | 0 | 0 |
| GENWORTH FINL INC | COM SHS | 37247D106 |  | 1229240 | 158000 | SH |  | SOLE |  | 158000 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 1437000 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| GERDAU SA | SPON ADR REP PFD | 373737105 |  | 262800 | 90000 | SH |  | SOLE |  | 90000 | 0 | 0 |
| GIBRALTAR INDS INC | COM | 374689107 |  | 7262841 | 123099 | SH |  | SOLE |  | 123099 | 0 | 0 |
| GLOBAL INDEMNITY GROUP LLC | COM CL A | 37959R103 |  | 6740550 | 214941 | SH |  | SOLE |  | 214941 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 701871 | 8769 | SH |  | SOLE |  | 8769 | 0 | 0 |
| GLOBAL SHIP LEASE INC NEW | COM CL A | Y27183600 |  | 11509652 | 437463 | SH |  | SOLE |  | 437463 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 16278250 | 23000 | SH |  | SOLE |  | 23000 | 0 | 0 |
| GRAND CANYON ED INC | COM | 38526M106 |  | 2835000 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| GRAPHIC PACKAGING HLDG CO | COM | 388689101 |  | 579425 | 27500 | SH |  | SOLE |  | 27500 | 0 | 0 |
| GRAYSCALE BITCOIN MINI TR ET | SHS NEW | 389930207 |  | 1432500 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| GRAYSCALE BITCOIN TRUST ETF | SHS REP COM UT | 389637109 |  | 12724500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| GRAYSCALE ETHEREUM MINI TR E | SHS NEW | 38964R203 |  | 474400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| GRAYSCALE ETHEREUM TRUST ETF | SHS | 389638107 |  | 4172021 | 200001 | SH |  | SOLE |  | 200001 | 0 | 0 |
| GREIF INC | CL A | 397624107 |  | 766882 | 11800 | SH |  | SOLE |  | 11800 | 0 | 0 |
| GROWGENERATION CORP | COM | 39986L109 |  | 46755 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| GRUPO AEROPORTUARIO DEL CENT | SPON ADR | 400501102 |  | 844000 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| GRUPO AEROPORTUARIO DEL SURE | SPON ADR SER B | 40051E202 |  | 223209 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| GULF IS FABRICATION INC | COM | 402307102 |  | 961118 | 144529 | SH |  | SOLE |  | 144529 | 0 | 0 |
| BLOCK H  R INC | COM | 093671105 |  | 823350 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| HAMILTON BEACH BRANDS HLDG C | COM CL A | 40701T104 |  | 492208 | 27513 | SH |  | SOLE |  | 27513 | 0 | 0 |
| HANESBRANDS INC | COM | 410345102 |  | 1809100 | 395000 | SH |  | SOLE |  | 395000 | 0 | 0 |
| HANMI FINL CORP | COM NEW | 410495204 |  | 1851000 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| HARVARD BIOSCIENCE INC | COM | 416906105 |  | 71008 | 160000 | SH |  | SOLE |  | 160000 | 0 | 0 |
| HAWAIIAN ELEC INDUSTRIES | COM | 419870100 |  | 3189000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| HAWTHORN BANCSHARES INC | COM | 420476103 |  | 1141326 | 39167 | SH |  | SOLE |  | 39167 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 28732500 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| HERC HLDGS INC | COM | 42704L104 |  | 470660 | 3574 | SH |  | SOLE |  | 3574 | 0 | 0 |
| HERITAGE GLOBAL INC | COM | 42727E103 |  | 120508 | 54283 | SH |  | SOLE |  | 54283 | 0 | 0 |
| HF SINCLAIR CORP | COM | 403949100 |  | 3902600 | 95000 | SH |  | SOLE |  | 95000 | 0 | 0 |
| HILLENBRAND INC | COM | 431571108 |  | 1907051 | 95020 | SH |  | SOLE |  | 95020 | 0 | 0 |
| HILLEVAX INC | COM | 43157M102 |  | 398000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| HIPPO HLDGS INC | COM NEW | 433539202 |  | 5027400 | 180000 | SH |  | SOLE |  | 180000 | 0 | 0 |
| HIREQUEST INC | COM | 433535101 |  | 294604 | 29431 | SH |  | SOLE |  | 29431 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 2328800 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| HOOKER FURNISHINGS CORPORATI | COM | 439038100 |  | 2806853 | 265298 | SH |  | SOLE |  | 265298 | 0 | 0 |
| HORACE MANN EDUCATORS CORP N | COM | 440327104 |  | 429700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 605000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| HOVNANIAN ENTERPRISES INC | CL A NEW | 442487401 |  | 940950 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| HSBC HLDGS PLC | SPON ADR NEW | 404280406 |  | 1215800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| HUB GROUP INC | CL A | 443320106 |  | 915380 | 27382 | SH |  | SOLE |  | 27382 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 1837845 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| HUDSON GLOBAL INC | COM NEW | 443787205 |  | 239233 | 28112 | SH |  | SOLE |  | 28112 | 0 | 0 |
| HUDSON TECHNOLOGIES INC | COM | 444144109 |  | 123367 | 15193 | SH |  | SOLE |  | 15193 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 5691635 | 339596 | SH |  | SOLE |  | 339596 | 0 | 0 |
| IES HLDGS INC | COM | 44951W106 |  | 4443450 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| INDEPENDENT BK CORP MASS | COM | 453836108 |  | 1886550 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| INDIE SEMICONDUCTOR INC | CLASS A COM | 45569U101 |  | 731580 | 205500 | SH |  | SOLE |  | 205500 | 0 | 0 |
| INDUSTRIAL LOGISTICS PPTYS T | COM SHS BEN INT | 456237106 |  | 1165856 | 256232 | SH |  | SOLE |  | 256232 | 0 | 0 |
| INMODE LTD | SHS | M5425M103 |  | 1155200 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 345213 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 787630 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| INVESTORS TITLE CO NC | COM | 461804106 |  | 845200 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 773100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ISHARES TR | MSCI CHINA ETF | 46429B671 |  | 2755000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| ISHARES TR | EAFE SML CP ETF | 464288273 |  | 1090200 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| ISHARES INC | MSCI THAILND ETF | 464286624 |  | 252350 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| ITT INC | COM | 45073V108 |  | 470490 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| ITURAN LOCATION AND CONTROL | SHS | M6158M104 |  | 229359 | 5922 | SH |  | SOLE |  | 5922 | 0 | 0 |
| JAMES RIV GROUP LTD | COM | G5005R107 |  | 5860000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| JANUS INTERNATIONAL GROUP IN | COMMON STOCK | 47103N106 |  | 4802600 | 590000 | SH |  | SOLE |  | 590000 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 1958400 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 5469000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| JETBLUE AWYS CORP | COM | 477143101 |  | 846000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 2521678 | 23875 | SH |  | SOLE |  | 23875 | 0 | 0 |
| JONES LANG LASALLE INC | COM | 48020Q107 |  | 12789000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 11886310 | 41000 | SH |  | SOLE |  | 41000 | 0 | 0 |
| KALARIS THERAPEUTICS INC | COM | 482929106 |  | 46434 | 17391 | SH |  | SOLE |  | 17391 | 0 | 0 |
| KB HOME | COM | 48666K109 |  | 529700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| KEROS THERAPEUTICS INC | COM | 492327101 |  | 2002500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| KEZAR LIFE SCIENCES INC | COM NEW | 49372L209 |  | 129399 | 28253 | SH |  | SOLE |  | 28253 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 1176000 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| KONTOOR BRANDS INC | COM | 50050N103 |  | 301549 | 4571 | SH |  | SOLE |  | 4571 | 0 | 0 |
| KOPPERS HOLDINGS INC | COM | 50060P106 |  | 351432 | 10931 | SH |  | SOLE |  | 10931 | 0 | 0 |
| KORE GROUP HLDGS INC | COM NEW | 50066V305 |  | 421761 | 176469 | SH |  | SOLE |  | 176469 | 0 | 0 |
| KORN FERRY | COM NEW | 500643200 |  | 2003889 | 27327 | SH |  | SOLE |  | 27327 | 0 | 0 |
| KORU MEDICAL SYSTEMS INC | COM | 759910102 |  | 1279510 | 357405 | SH |  | SOLE |  | 357405 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 2151900 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| KURA SUSHI USA INC | CL A COM | 501270102 |  | 3012800 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| KYNDRYL HLDGS INC | COMMON STOCK | 50155Q100 |  | 419600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| LANDMARK BANCORP INC | COM | 51504L107 |  | 618484 | 23392 | SH |  | SOLE |  | 23392 | 0 | 0 |
| LANDSTAR SYS INC | COM | 515098101 |  | 1390200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| LAZYDAYS HLDGS INC | COM | 52110H100 |  | 46687 | 191733 | SH |  | SOLE |  | 191733 | 0 | 0 |
| LEAR CORP | COM NEW | 521865204 |  | 1066056 | 11224 | SH |  | SOLE |  | 11224 | 0 | 0 |
| LEGALZOOM COM INC | COM | 52466B103 |  | 891000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| LEGGETT  PLATT INC | COM | 524660107 |  | 5001489 | 560705 | SH |  | SOLE |  | 560705 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 498740 | 4509 | SH |  | SOLE |  | 4509 | 0 | 0 |
| LENSAR INC | COM | 52634L108 |  | 659475 | 50074 | SH |  | SOLE |  | 50074 | 0 | 0 |
| LIFETIME BRANDS INC | COM | 53222Q103 |  | 2053525 | 402652 | SH |  | SOLE |  | 402652 | 0 | 0 |
| LINCOLN EDL SVCS CORP | COM | 533535100 |  | 11503564 | 499070 | SH |  | SOLE |  | 499070 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 6051200 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| LKQ CORP | COM | 501889208 |  | 3701000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| LUXFER HLDGS PLC | SHS | G5698W116 |  | 230689 | 18940 | SH |  | SOLE |  | 18940 | 0 | 0 |
| LYELL IMMUNOPHARMA INC | COM NEW | 55083R203 |  | 884000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 2206400 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 630400 | 40000 | SH | Call | SOLE |  | 40000 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 1157200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| M/I HOMES INC | COM | 55305B101 |  | 4675404 | 41700 | SH |  | SOLE |  | 41700 | 0 | 0 |
| MACERICH CO | COM | 554382101 |  | 2211806 | 136700 | SH |  | SOLE |  | 136700 | 0 | 0 |
| MACYS INC | COM | 55616P104 |  | 128260 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| MAGNERA CORP | COM SHS | 55939A107 |  | 652224 | 53992 | SH |  | SOLE |  | 53992 | 0 | 0 |
| MAKEMYTRIP LIMITED MAURITIUS | SHS | V5633W109 |  | 21439130 | 218722 | SH |  | SOLE |  | 218722 | 0 | 0 |
| MANPOWERGROUP INC WIS | COM | 56418H100 |  | 202000 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| MARCHEX INC | CL B | 56624R108 |  | 91104 | 41600 | SH |  | SOLE |  | 41600 | 0 | 0 |
| MARCUS  MILLICHAP INC | COM | 566324109 |  | 337810 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| MARINEMAX INC | COM | 567908108 |  | 2011200 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 4372800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| MASTECH DIGITAL INC | COM | 57633B100 |  | 84850 | 11834 | SH |  | SOLE |  | 11834 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 36807070 | 65500 | SH |  | SOLE |  | 65500 | 0 | 0 |
| MATRIX SVC CO | COM | 576853105 |  | 1351000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| MEDIFAST INC | COM | 58470H101 |  | 209275 | 14895 | SH |  | SOLE |  | 14895 | 0 | 0 |
| MELCO RESORTS AND ENTMNT LTD | ADR | 585464100 |  | 7230000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 1205460 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 77499450 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| METAGENOMI INC | COM | 59102M104 |  | 118400 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| METHODE ELECTRS INC | COM | 591520200 |  | 158056 | 16620 | SH |  | SOLE |  | 16620 | 0 | 0 |
| MGIC INVT CORP WIS | COM | 552848103 |  | 278400 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 24870500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| MILLER INDS INC TENN | COM NEW | 600551204 |  | 1271823 | 28606 | SH |  | SOLE |  | 28606 | 0 | 0 |
| MILLERKNOLL INC | COM | 600544100 |  | 971000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| MIND C T I LTD | ORD | M70240102 |  | 98788 | 72108 | SH |  | SOLE |  | 72108 | 0 | 0 |
| MIND TECHNOLOGY INC | COM NEW | 602566309 |  | 103289 | 12238 | SH |  | SOLE |  | 12238 | 0 | 0 |
| MISSION PRODUCE INC | COM | 60510V108 |  | 872085 | 74410 | SH |  | SOLE |  | 74410 | 0 | 0 |
| MISTRAS GROUP INC | COM | 60649T107 |  | 464580 | 58000 | SH |  | SOLE |  | 58000 | 0 | 0 |
| MODINE MFG CO | COM | 607828100 |  | 9850000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| MOHAWK INDS INC | COM | 608190104 |  | 1258080 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 5732400 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 21129000 | 150000 | SH | Put | SOLE |  | 150000 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 114157452 | 810432 | SH |  | SOLE |  | 810432 | 0 | 0 |
| MOTORCAR PTS AMER INC | COM | 620071100 |  | 6037035 | 539021 | SH |  | SOLE |  | 539021 | 0 | 0 |
| MRC GLOBAL INC | COM | 55345K103 |  | 274200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 11534800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| MICROSTRATEGY INC | CL A NEW | 594972408 |  | 4042300 | 10000 | SH | Put | SOLE |  | 10000 | 0 | 0 |
| MUELLER INDS INC | COM | 624756102 |  | 635760 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| MUELLER WTR PRODS INC | COM SER A | 624758108 |  | 3265954 | 135855 | SH |  | SOLE |  | 135855 | 0 | 0 |
| MURAL ONCOLOGY PUB LTD CO | ORD SHS | G63365103 |  | 701263 | 283912 | SH |  | SOLE |  | 283912 | 0 | 0 |
| MYERS INDS INC | COM | 628464109 |  | 2463300 | 170000 | SH |  | SOLE |  | 170000 | 0 | 0 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 |  | 1346445 | 48053 | SH |  | SOLE |  | 48053 | 0 | 0 |
| NACCO INDS INC | CL A | 629579103 |  | 767892 | 17330 | SH |  | SOLE |  | 17330 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 2682600 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| NATHANS FAMOUS INC NEW | COM | 632347100 |  | 774060 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| NATIONAL BANKSHARES INC VA | COM | 634865109 |  | 1360000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| NATURAL GAS SVCS GROUP INC | COM | 63886Q109 |  | 3613400 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| NATWEST GROUP PLC | SPONS ADR | 639057207 |  | 707500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 4151687 | 75035 | SH |  | SOLE |  | 75035 | 0 | 0 |
| NERDWALLET INC | COM CL A | 64082B102 |  | 383950 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| NEUMORA THERAPEUTICS INC. | COM | 640979100 |  | 117328 | 160000 | SH |  | SOLE |  | 160000 | 0 | 0 |
| NEWELL BRANDS INC | COM | 651229106 |  | 9595379 | 1776922 | SH |  | SOLE |  | 1776922 | 0 | 0 |
| NEWMARK GROUP INC | CL A | 65158N102 |  | 1275750 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| NN INC | COM | 629337106 |  | 600566 | 285984 | SH |  | SOLE |  | 285984 | 0 | 0 |
| NORTHERN TECHNOLOGIES INTL C | COM | 665809109 |  | 477130 | 64390 | SH |  | SOLE |  | 64390 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 1217184 | 9600 | SH |  | SOLE |  | 9600 | 0 | 0 |
| NU SKIN ENTERPRISES INC | CL A | 67018T105 |  | 313336 | 39216 | SH |  | SOLE |  | 39216 | 0 | 0 |
| NUVATION BIO INC | COM CL A | 67080N101 |  | 78000 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 439500 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 9479400 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| OAK VY BANCORP OAKDALE CALIF | COM | 671807105 |  | 817200 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 3125460 | 74398 | SH |  | SOLE |  | 74398 | 0 | 0 |
| OFFICE PPTYS INCOME TR | COM SHS BEN INT | 67623C109 |  | 145820 | 590366 | SH |  | SOLE |  | 590366 | 0 | 0 |
| O-I GLASS INC | COM | 67098H104 |  | 858237 | 58225 | SH |  | SOLE |  | 58225 | 0 | 0 |
| OLD MKT CAP CORP | COM | 65373A109 |  | 98934 | 17988 | SH |  | SOLE |  | 17988 | 0 | 0 |
| OLD NATL BANCORP IND | COM | 680033107 |  | 213400 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| OLLIES BARGAIN OUTLET HLDGS | COM | 681116109 |  | 461230 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| OLO INC | CL A | 68134L109 |  | 515746 | 57949 | SH |  | SOLE |  | 57949 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 719400 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ONESPAWORLD HOLDINGS LIMITED | COM | P73684113 |  | 1733150 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| ONITY GROUP INC | COM NEW | 675746606 |  | 4937518 | 129356 | SH |  | SOLE |  | 129356 | 0 | 0 |
| OPENLANE INC | COM | 48238T109 |  | 5379000 | 220000 | SH |  | SOLE |  | 220000 | 0 | 0 |
| OPORTUN FINL CORP | COM | 68376D104 |  | 770130 | 107560 | SH |  | SOLE |  | 107560 | 0 | 0 |
| OPPENHEIMER HLDGS INC | CL A NON VTG | 683797104 |  | 10852050 | 165000 | SH |  | SOLE |  | 165000 | 0 | 0 |
| OPTICAL CABLE CORP | COM NEW | 683827208 |  | 94398 | 32495 | SH |  | SOLE |  | 32495 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 2849186 | 13032 | SH |  | SOLE |  | 13032 | 0 | 0 |
| ORAMED PHARMACEUTICALS INC | COM NEW | 68403P203 |  | 96631 | 42947 | SH |  | SOLE |  | 42947 | 0 | 0 |
| ORASURE TECHNOLOGIES INC | COM | 68554V108 |  | 144288 | 48096 | SH |  | SOLE |  | 48096 | 0 | 0 |
| ORIGIN MATERIALS INC | COM | 68622D106 |  | 48320 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ORION PROPERTIES INC | COM | 68629Y103 |  | 2130000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| ORTHOFIX MED INC | COM | 68752M108 |  | 334500 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| OSCAR HEALTH INC | CL A | 687793109 |  | 9639510 | 449604 | SH |  | SOLE |  | 449604 | 0 | 0 |
| OWENS  MINOR INC NEW | COM | 690732102 |  | 129921 | 14277 | SH |  | SOLE |  | 14277 | 0 | 0 |
| PANGAEA LOGISTICS SOLUTION L | SHS | G6891L105 |  | 413064 | 87886 | SH |  | SOLE |  | 87886 | 0 | 0 |
| PAR PAC HOLDINGS INC | COM NEW | 69888T207 |  | 415884 | 15676 | SH |  | SOLE |  | 15676 | 0 | 0 |
| PAR TECHNOLOGY CORP | COM | 698884103 |  | 2261462 | 32600 | SH |  | SOLE |  | 32600 | 0 | 0 |
| PARKE BANCORP INC | COM | 700885106 |  | 224070 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 349235 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| PASSAGE BIO INC | COM | 702712100 |  | 57166 | 142807 | SH |  | SOLE |  | 142807 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 2972800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| PEDIATRIX MEDICAL GROUP INC | COM | 58502B106 |  | 1865500 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| PENNS WOODS BANCORP INC | COM | 708430103 |  | 754355 | 24847 | SH |  | SOLE |  | 24847 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 |  | 615960 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| PEOPLES FINL SVCS CORP | COM | 711040105 |  | 257415 | 5214 | SH |  | SOLE |  | 5214 | 0 | 0 |
| PEPGEN INC | COM | 713317105 |  | 111000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 14313136 | 108400 | SH |  | SOLE |  | 108400 | 0 | 0 |
| PERDOCEO ED CORP | COM | 71363P106 |  | 1307600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 1501200 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 5576000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1092780 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 5965000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| PHREESIA INC | COM | 71944F106 |  | 257506 | 9048 | SH |  | SOLE |  | 9048 | 0 | 0 |
| PITNEY BOWES INC | COM | 724479100 |  | 2192845 | 200994 | SH |  | SOLE |  | 200994 | 0 | 0 |
| PLUMAS BANCORP | COM | 729273102 |  | 889200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| PMV PHARMACEUTICALS INC | COM | 69353Y103 |  | 260295 | 245561 | SH |  | SOLE |  | 245561 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 3728400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| POLARIS INC | COM | 731068102 |  | 243900 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| POPULAR INC | COM NEW | 733174700 |  | 1102100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 2502500 | 22000 | SH |  | SOLE |  | 22000 | 0 | 0 |
| PREFORMED LINE PRODS CO | COM | 740444104 |  | 447468 | 2800 | SH |  | SOLE |  | 2800 | 0 | 0 |
| PRICESMART INC | COM | 741511109 |  | 262600 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| PRIMEENERGY RESOURCES CORP | COM | 74158E104 |  | 821924 | 5615 | SH |  | SOLE |  | 5615 | 0 | 0 |
| PRIMIS FINANCIAL CORP | COM | 74167B109 |  | 162750 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1115240 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| PROPETRO HLDG CORP | COM | 74347M108 |  | 866844 | 145200 | SH |  | SOLE |  | 145200 | 0 | 0 |
| PROSHARES TR | ULTRAPRO SHT QQQ | 74347G192 |  | 1489571 | 76115 | SH |  | SOLE |  | 76115 | 0 | 0 |
| PROTHENA CORP PLC | SHS | G72800108 |  | 177244 | 29200 | SH |  | SOLE |  | 29200 | 0 | 0 |
| PROTO LABS INC | COM | 743713109 |  | 400400 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 5273000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| PURSUIT ATTRACTIONS AND HOSP | COM | 92552R406 |  | 1133019 | 39300 | SH |  | SOLE |  | 39300 | 0 | 0 |
| QIFU TECHNOLOGY INC | AMERICAN DEP | 88557W101 |  | 3020024 | 69650 | SH |  | SOLE |  | 69650 | 0 | 0 |
| RADIAN GROUP INC | COM | 750236101 |  | 3602000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| RADIANT LOGISTICS INC | COM | 75025X100 |  | 340675 | 56032 | SH |  | SOLE |  | 56032 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 2742800 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| RE MAX HLDGS INC | CL A | 75524W108 |  | 258079 | 31550 | SH |  | SOLE |  | 31550 | 0 | 0 |
| THE REALREAL INC | NOTE 1.000% 3/0 | 88339PAD3 |  | 1462481 | 1875000 | SH |  | SOLE |  | 1875000 | 0 | 0 |
| REDWOOD TRUST INC | COM | 758075402 |  | 88650 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 869760 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| RELMADA THERAPEUTICS INC | COM | 75955J402 |  | 98006 | 163261 | SH |  | SOLE |  | 163261 | 0 | 0 |
| RENAISSANCERE HLDGS LTD | COM | G7496G103 |  | 4858000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| RENTOKIL INITIAL PLC | SPONSORED ADR | 760125104 |  | 600000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| RESIDEO TECHNOLOGIES INC | COM | 76118Y104 |  | 1103000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| RESOURCES CONNECTION INC | COM | 76122Q105 |  | 172060 | 32041 | SH |  | SOLE |  | 32041 | 0 | 0 |
| RETRACTABLE TECHNOLOGIES INC | COM | 76129W105 |  | 42404 | 66308 | SH |  | SOLE |  | 66308 | 0 | 0 |
| REXFORD INDL RLTY INC | COM | 76169C100 |  | 355700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| RILEY EXPLORATION PERMIAN IN | COM | 76665T102 |  | 393450 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| RING ENERGY INC | COM | 76680V108 |  | 720489 | 907417 | SH |  | SOLE |  | 907417 | 0 | 0 |
| RIVERVIEW BANCORP INC | COM | 769397100 |  | 220000 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 996510 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| ROOT INC | CL A NEW | 77664L207 |  | 1868362 | 14600 | SH |  | SOLE |  | 14600 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 5010240 | 16000 | SH |  | SOLE |  | 16000 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 3295200 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 26364500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| SABRE CORP | COM | 78573M104 |  | 2412069 | 763313 | SH |  | SOLE |  | 763313 | 0 | 0 |
| SANMINA CORPORATION | COM | 801056102 |  | 978300 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 4056000 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 1687940 | 18500 | SH |  | SOLE |  | 18500 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 479820 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| SEABOARD CORP DEL | COM | 811543107 |  | 432041 | 151 | SH |  | SOLE |  | 151 | 0 | 0 |
| SECURITY NATL FINL CORP | CL A NEW | 814785309 |  | 2905041 | 294928 | SH |  | SOLE |  | 294928 | 0 | 0 |
| SEI INVTS CO | COM | 784117103 |  | 898600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| SELECT WATER SOLUTIONS INC | CL A COM | 81617J301 |  | 345600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| SENSATA TECHNOLOGIES HLDG PL | SHS | G8060N102 |  | 1204400 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| SERVICE CORP INTL | COM | 817565104 |  | 1628000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 704100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| SIFCO INDS INC | COM | 826546103 |  | 655204 | 175658 | SH |  | SOLE |  | 175658 | 0 | 0 |
| SIGMATRON INTL INC | COM | 82661L101 |  | 42069 | 14141 | SH |  | SOLE |  | 14141 | 0 | 0 |
| SILGAN HLDGS INC | COM | 827048109 |  | 1896300 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| SILICOM LTD | ORD | M84116108 |  | 196418 | 12700 | SH |  | SOLE |  | 12700 | 0 | 0 |
| SIRIUSPOINT LTD | COM | G8192H106 |  | 8501468 | 416943 | SH |  | SOLE |  | 416943 | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORP | COM | 83001C108 |  | 304300 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 1470300 | 30000 | SH | Call | SOLE |  | 30000 | 0 | 0 |
| SMITH MIDLAND CORP | COM | 832156103 |  | 2490152 | 74200 | SH |  | SOLE |  | 74200 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 869000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 1042800 | 120000 | SH | Call | SOLE |  | 120000 | 0 | 0 |
| SNDL INC | COM | 83307B101 |  | 514250 | 425000 | SH |  | SOLE |  | 425000 | 0 | 0 |
| SONOCO PRODS CO | COM | 835495102 |  | 2178000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| SPAR GROUP INC | COM | 784933103 |  | 96000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 914490 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 |  | 15597384 | 214574 | SH |  | SOLE |  | 214574 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 90391455 | 146300 | SH |  | SOLE |  | 146300 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 15446250 | 25000 | SH | Put | SOLE |  | 25000 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 5664800 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| SPECTRUM BRANDS HLDGS INC NE | COM | 84790A105 |  | 1255570 | 23690 | SH |  | SOLE |  | 23690 | 0 | 0 |
| ST JOE CO | COM | 790148100 |  | 1192500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| STAR BULK CARRIERS CORP. | SHS PAR | Y8162K204 |  | 1533525 | 88900 | SH |  | SOLE |  | 88900 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 10208640 | 96000 | SH |  | SOLE |  | 96000 | 0 | 0 |
| STEELCASE INC | CL A | 858155203 |  | 1199450 | 115000 | SH |  | SOLE |  | 115000 | 0 | 0 |
| STEWART INFORMATION SVCS COR | COM | 860372101 |  | 9474654 | 145540 | SH |  | SOLE |  | 145540 | 0 | 0 |
| STONERIDGE INC | COM | 86183P102 |  | 563200 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| STRATASYS LTD | SHS | M85548101 |  | 1319050 | 115000 | SH |  | SOLE |  | 115000 | 0 | 0 |
| STRATTEC SEC CORP | COM | 863111100 |  | 622100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| STRATUS PPTYS INC | COM NEW | 863167201 |  | 2513513 | 133131 | SH |  | SOLE |  | 133131 | 0 | 0 |
| STRIDE INC | COM | 86333M108 |  | 407258 | 2805 | SH |  | SOLE |  | 2805 | 0 | 0 |
| SURMODICS INC | COM | 868873100 |  | 297100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| SUTRO BIOPHARMA INC | COM | 869367102 |  | 114224 | 160000 | SH |  | SOLE |  | 160000 | 0 | 0 |
| SYNCHRONOSS TECHNOLOGIES INC | COM NEW | 87157B400 |  | 335650 | 49000 | SH |  | SOLE |  | 49000 | 0 | 0 |
| TABOOLA.COM LTD | ORD SHS | M8744T106 |  | 1282830 | 350500 | SH |  | SOLE |  | 350500 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 8781000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| TASEKO MINES LTD | COM | 876511106 |  | 221760 | 70400 | SH |  | SOLE |  | 70400 | 0 | 0 |
| TAYLOR DEVICES INC | COM | 877163105 |  | 1085000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| TEADS HLDG CO | COM | 69002R103 |  | 272800 | 110000 | SH |  | SOLE |  | 110000 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 335200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| TELEFLEX INCORPORATED | COM | 879369106 |  | 295900 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| TENCENT MUSIC ENTMT GROUP | SPON ADS | 88034P109 |  | 604190 | 31000 | SH |  | SOLE |  | 31000 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 16409712 | 93237 | SH |  | SOLE |  | 93237 | 0 | 0 |
| TENNANT CO | COM | 880345103 |  | 699954 | 9034 | SH |  | SOLE |  | 9034 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 616260 | 1940 | SH |  | SOLE |  | 1940 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 17153640 | 54000 | SH | Put | SOLE |  | 54000 | 0 | 0 |
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADS | 881624209 |  | 838000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| TEXTRON INC | COM | 883203101 |  | 401450 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| TFI INTL INC | COM | 87241L109 |  | 3183285 | 35500 | SH |  | SOLE |  | 35500 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 9111000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 2911750 | 95000 | SH |  | SOLE |  | 95000 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 813155 | 4900 | SH |  | SOLE |  | 4900 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 1807400 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 266860 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| THERMON GROUP HLDGS INC | COM | 88362T103 |  | 4905127 | 174684 | SH |  | SOLE |  | 174684 | 0 | 0 |
| THRYV HLDGS INC | COM NEW | 886029206 |  | 778240 | 64000 | SH |  | SOLE |  | 64000 | 0 | 0 |
| TIMBERLAND BANCORP INC | COM | 887098101 |  | 636979 | 20416 | SH |  | SOLE |  | 20416 | 0 | 0 |
| TOLL BROTHERS INC | COM | 889478103 |  | 9187465 | 80500 | SH |  | SOLE |  | 80500 | 0 | 0 |
| TOWNSQUARE MEDIA INC | CL A | 892231101 |  | 3345384 | 422931 | SH |  | SOLE |  | 422931 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 437410 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| TRANSUNION | COM | 89400J107 |  | 2200000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| TRAVELZOO | COM NEW | 89421Q205 |  | 190950 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| TRUBRIDGE INC | COM | 205306103 |  | 644050 | 27500 | SH |  | SOLE |  | 27500 | 0 | 0 |
| TRUEBLUE INC | COM | 89785X101 |  | 2662134 | 410823 | SH |  | SOLE |  | 410823 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 1113441 | 25900 | SH |  | SOLE |  | 25900 | 0 | 0 |
| TRUMP MEDIA  TECHNOLOGY GRO | COM | 25400Q105 |  | 1446808 | 80200 | SH | Put | SOLE |  | 80200 | 0 | 0 |
| TURNING PT BRANDS INC | COM | 90041L105 |  | 2273100 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| TUYA INC | SPONSERED ADS | 90114C107 |  | 34188 | 14800 | SH |  | SOLE |  | 14800 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 1865400 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| TWIN DISC INC | COM | 901476101 |  | 529800 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| U S PHYSICAL THERAPY | COM | 90337L108 |  | 5473922 | 69999 | SH |  | SOLE |  | 69999 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 21272400 | 228000 | SH |  | SOLE |  | 228000 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 4385100 | 47000 | SH | Put | SOLE |  | 47000 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 11798411 | 348859 | SH |  | SOLE |  | 348859 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 2185200 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| U HAUL HOLDING COMPANY | COM SER N | 023586506 |  | 1370124 | 25200 | SH |  | SOLE |  | 25200 | 0 | 0 |
| ULTRALIFE CORP | COM | 903899102 |  | 2020500 | 225000 | SH |  | SOLE |  | 225000 | 0 | 0 |
| ULTRAPAR PARTICIPACOES SA | SP ADR REP COM | 90400P101 |  | 324064 | 98800 | SH |  | SOLE |  | 98800 | 0 | 0 |
| UNIFIRST CORP MASS | COM | 904708104 |  | 752880 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 1835100 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 6370400 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| UNITED CMNTY BKS BLAIRSVLE G | COM | 90984P303 |  | 297900 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 8287400 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 17158350 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 363000 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 1811500 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| UNIVERSAL TECHNICAL INST INC | COM | 913915104 |  | 16126218 | 475840 | SH |  | SOLE |  | 475840 | 0 | 0 |
| UPLAND SOFTWARE INC | COM | 91544A109 |  | 1012407 | 519183 | SH |  | SOLE |  | 519183 | 0 | 0 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 725400 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 1257040 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 940940 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 1344400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 1140200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 1285200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 2763600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| VERA BRADLEY INC | COM | 92335C106 |  | 221000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| VERINT SYS INC | COM | 92343X100 |  | 393400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| VESTIS CORPORATION | COM SHS | 29430C102 |  | 5192411 | 906180 | SH |  | SOLE |  | 906180 | 0 | 0 |
| VICTORY CAP HLDGS INC | COM CL A | 92645B103 |  | 9490841 | 149063 | SH |  | SOLE |  | 149063 | 0 | 0 |
| VIEMED HEALTHCARE INC | COM | 92663R105 |  | 494065 | 71500 | SH |  | SOLE |  | 71500 | 0 | 0 |
| VIPSHOP HLDGS LTD | SPONSORED ADS A | 92763W103 |  | 10868583 | 722165 | SH |  | SOLE |  | 722165 | 0 | 0 |
| VIRTU FINL INC | CL A | 928254101 |  | 671850 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 33729750 | 95000 | SH |  | SOLE |  | 95000 | 0 | 0 |
| VISHAY INTERTECHNOLOGY INC | COM | 928298108 |  | 2382000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 1938100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| VITESSE ENERGY INC | COMMON STOCK | 92852X103 |  | 259977 | 11769 | SH |  | SOLE |  | 11769 | 0 | 0 |
| WABASH NATL CORP | COM | 929566107 |  | 1820239 | 171236 | SH |  | SOLE |  | 171236 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 15187385 | 155322 | SH |  | SOLE |  | 155322 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 620050 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 12018000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| WESCO INTL INC | COM | 95082P105 |  | 3333600 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| WILLDAN GROUP INC | COM | 96924N100 |  | 11598293 | 185543 | SH |  | SOLE |  | 185543 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 1570250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 326740 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| WILLIS LEASE FIN CORP | COM | 970646105 |  | 15378977 | 107711 | SH |  | SOLE |  | 107711 | 0 | 0 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 1532500 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| AMPCO-PITTSBURG CORP | *W EXP 08/01/202 | 032037111 |  | 4022 | 211652 | SH |  | SOLE |  | 211652 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 936700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| XBIOTECH INC | COM | 98400H102 |  | 594000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| XOMA ROYALTY CORPORATION | COM NEW | 98419J206 |  | 771523 | 30616 | SH |  | SOLE |  | 30616 | 0 | 0 |
| XPO INC | COM | 983793100 |  | 3662410 | 29000 | SH |  | SOLE |  | 29000 | 0 | 0 |
| YELP INC | CL A | 985817105 |  | 685400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| ZENTALIS PHARMACEUTICALS INC | COM | 98943L107 |  | 92800 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| ZIPRECRUITER INC | CL A | 98980B103 |  | 207624 | 41442 | SH |  | SOLE |  | 41442 | 0 | 0 |
| ZOOMINFO TECHNOLOGIES INC | COMMON STOCK | 98980F104 |  | 303600 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| ZURA BIO LTD | CLASS A ORD SHS | G9TY5A101 |  | 126000 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| ZYNEX INC | COM | 98986M103 |  | 387000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |

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