# EDGAR Filing Document

**Accession Number:** 0001144208
**File Stem:** 0001085146-25-005140
**Filing Date:** 2025-8
**Character Count:** 19772
**Document Hash:** 4e78dce6e86bd086301a5f668a53a9d1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-25-005140.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001085146-25-005140

**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:** BLUEFIN CAPITAL MANAGEMENT, LLC
- **CENTRAL INDEX KEY:** 0001144208

**ORGANIZATION NAME:**
- **EIN:** 134176094
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20399
- **FILM NUMBER:** 251216108

**BUSINESS ADDRESS:**
- **STREET 1:** 41 MADISON AVENUE
- **STREET 2:** 36TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** 646--915-1832

**MAIL ADDRESS:**
- **STREET 1:** 41 MADISON AVENUE
- **STREET 2:** 36TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLUEFIN TRADING, LLC
- **DATE OF NAME CHANGE:** 20200106

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLUEFIN CAPITAL MANAGEMENT, LLC
- **DATE OF NAME CHANGE:** 20200106

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLUEFIN TRADING, LLC
- **DATE OF NAME CHANGE:** 20040213

### 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:** BLUEFIN CAPITAL MANAGEMENT LLC<br>**Address:** 41 MADISON AVENUE<br>36TH FLOOR<br>NEW YORK, NY 10010

**Form 13F File Number:** 028-20399

**CRD Number (if applicable):** 000113892

**SEC File Number (if applicable):** 8-53382

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:** Jeffrey Jacobus<br>**Title:** Chief Compliance Office<br>**Phone:** 646-963-2717

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

/s/ Jeffrey Jacobus  New York, NY  08-14-2025<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:** 0

**Form 13F Information Table Entry Total:** 140

**Form 13F Information Table Value Total:** $132631125

      (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 |
| ACUREN CORP | COM | 00510N102 | BBG01GNJ51W3 | 156514 | 14177 | SH |  | SOLE |  | 14177 | 0 | 0 |
| AGNC INVT CORP | COM | 00123Q104 | BBG001T074G2 | 263753 | 28700 | SH |  | SOLE |  | 28700 | 0 | 0 |
| AGRICULTURE  NAT SOL ACQ CO | SHS CL A | G0131Y100 | BBG01KV7B8R5 | 1085000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 | BBG006G2JWB1 | 907280 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| ALLOT LTD | SHS | M0854Q105 | BBG001SCZ0M7 | 907258 | 106112 | SH |  | SOLE |  | 106112 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 2079841 | 35474 | SH |  | SOLE |  | 35474 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 14204 | 29000 | SH | Put | SOLE |  | 29000 | 0 | 0 |
| ALVOTECH | *W EXP 99/99/999 | L01800116 |  | 16769 | 12608 | SH |  | SOLE |  | 12608 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 10800 | 50000 | SH | Call | SOLE |  | 50000 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 72573 | 30000 | SH | Put | SOLE |  | 30000 | 0 | 0 |
| ARCHER AVIATION INC | *W EXP 09/16/202 | 03945R110 |  | 111839 | 34625 | SH |  | SOLE |  | 34625 | 0 | 0 |
| ARES ACQUISITION CORP II | *W EXP 99/99/999 | G33033120 |  | 66164 | 60149 | SH |  | SOLE |  | 60149 | 0 | 0 |
| ARES ACQUISITION CORP II | SHS CLASS A | G33033104 | BBG01GWQM3D5 | 453200 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 928974 | 32100 | SH |  | SOLE |  | 32100 | 0 | 0 |
| AZEK CO INC | CL A | 05478C105 | BBG00RP7FY15 | 4891500 | 90000 | SH |  | SOLE |  | 90000 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 | BBG01PSW2WR0 | 419700 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| BLACKROCK TECH AND PRIVATE E | SHS BEN INT | 09260Q108 | BBG00ZSNML46 | 398951 | 54353 | SH |  | SOLE |  | 54353 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 | BBG001S5W4F5 | 305286 | 10200 | SH |  | SOLE |  | 10200 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 981348 | 21200 | SH |  | SOLE |  | 21200 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 2023 | 13800 | SH | Put | SOLE |  | 13800 | 0 | 0 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 | BBG001S6VV46 | 802244 | 16950 | SH |  | SOLE |  | 16950 | 0 | 0 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 | BBG001S6VV46 | 2454 | 12400 | SH | Put | SOLE |  | 12400 | 0 | 0 |
| CANTOR EQUITY PARTNERS I INC | SHS CL A | G1827K107 | BBG01QMC5W04 | 654500 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 372294 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| CHIMERA INVT CORP | COM SHS | 16934Q802 | BBG001SR1G28 | 166440 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| CHURCHILL CAPITAL CORP IX | CL A SHS | G21301109 | BBG01N8LRBJ9 | 247220 | 23500 | SH |  | SOLE |  | 23500 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 | BBG001S72ZG4 | 385594 | 4530 | SH |  | SOLE |  | 4530 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 | BBG001S5PX50 | 5130 | 46400 | SH | Call | SOLE |  | 46400 | 0 | 0 |
| COHEN CIRCLE ACQUISITION COR | *W EXP 01/31/202 | G3730H114 |  | 52452 | 26226 | SH |  | SOLE |  | 26226 | 0 | 0 |
| COLOMBIER ACQUISITION CORP I | *W EXP 11/24/202 | G2283U118 |  | 115496 | 30799 | SH |  | SOLE |  | 30799 | 0 | 0 |
| COLOMBIER ACQUISITION CORP I | COM SHS CL A | G2283U100 | BBG01KVS4KM5 | 156146 | 10100 | SH |  | SOLE |  | 10100 | 0 | 0 |
| COMPOSECURE INC | *W EXP 12/27/202 | 20459V113 |  | 162702 | 26200 | SH |  | SOLE |  | 26200 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | *W EXP 01/23/202 | 21874A114 |  | 1518500 | 140083 | SH |  | SOLE |  | 140083 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 | BBG01L5GH1G3 | 1696041 | 99358 | SH |  | SOLE |  | 99358 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 | BBG01L5GH1G3 | 544104 | 122400 | SH | Call | SOLE |  | 122400 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 | BBG011ZTRJ49 | 7199099 | 44150 | SH |  | SOLE |  | 44150 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 | BBG011ZTRJ49 | 71328 | 22200 | SH | Call | SOLE |  | 22200 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 | BBG011ZTRJ49 | 25976 | 43900 | SH | Put | SOLE |  | 43900 | 0 | 0 |
| COSTAMARE BULKERS HLDGS LTD | COM SHS | Y2001C101 | BBG01SMK85Y1 | 514270 | 59316 | SH |  | SOLE |  | 59316 | 0 | 0 |
| DANA INC | COM | 235825205 | BBG001SRW699 | 1115 | 15000 | SH | Put | SOLE |  | 15000 | 0 | 0 |
| DIGIASIA CORP | *W EXP 04/02/202 | G27617110 |  | 14817 | 296936 | SH |  | SOLE |  | 296936 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 | BBG001SM0K30 | 261495 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| DIGITALBRIDGE GROUP INC | CL A NEW | 25401T603 | BBG00D30HGN8 | 623070 | 60200 | SH |  | SOLE |  | 60200 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 223218 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| DTE ENERGY CO | COM | 233331107 | BBG001S5QN88 | 344396 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| EASTERN BANKSHARES INC | COM | 27627N105 | BBG00W9KWY41 | 216727 | 14193 | SH |  | SOLE |  | 14193 | 0 | 0 |
| EATON VANCE CALIF MUN BD FD | COM | 27828A100 | BBG001SKX9R7 | 225061 | 25231 | SH |  | SOLE |  | 25231 | 0 | 0 |
| EATON VANCE NEW YORK MUN BD | COM | 27827Y109 | BBG001SKX9S6 | 252539 | 27184 | SH |  | SOLE |  | 27184 | 0 | 0 |
| ECHOSTAR CORP | CL A | 278768106 | BBG001T048Z5 | 12500 | 100000 | SH | Put | SOLE |  | 100000 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 | BBG001S6Q6D7 | 376156 | 8300 | SH |  | SOLE |  | 8300 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 | BBG001SDHNW4 | 1854699 | 102300 | SH |  | SOLE |  | 102300 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 | BBG001SDHNW4 | 4581 | 87500 | SH | Put | SOLE |  | 87500 | 0 | 0 |
| EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 | BBG00V1KJ6G4 | 53144 | 49900 | SH | Call | SOLE |  | 49900 | 0 | 0 |
| ERO COPPER CORP | COM | 296006109 | BBG00HNV5D86 | 304092 | 18047 | SH |  | SOLE |  | 18047 | 0 | 0 |
| FG MERGER II CORP | COM | 30334J102 | BBG01R78HC09 | 1166585 | 118195 | SH |  | SOLE |  | 118195 | 0 | 0 |
| FG MERGER II CORP | RIGHT 02/11/2030 | 30334J128 | BBG01S6Z72D7 | 42000 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| FORD MTR CO | COM | 345370860 | BBG001S5TZ33 | 876680 | 80800 | SH |  | SOLE |  | 80800 | 0 | 0 |
| FORD MTR CO | COM | 345370860 | BBG001S5TZ33 | 2372 | 25000 | SH | Put | SOLE |  | 25000 | 0 | 0 |
| GEN DIGITAL INC | RIGHT 99/99/9999 | 668771116 | BBG01R72Q570 | 441693 | 55074 | SH |  | SOLE |  | 55074 | 0 | 0 |
| GLOBAL X FDS | GLOBAL X COPPER | 37954Y830 | BBG001T8JBX7 | 321030 | 7134 | SH |  | SOLE |  | 7134 | 0 | 0 |
| GLOBAL X FDS | S 500 QLT ETF | 37954Y616 | BBG00LFMM8P9 | 22603 | 35500 | SH | Call | SOLE |  | 35500 | 0 | 0 |
| GREYSTONE HOUSING IMPACT INV | BEN UNIT CTF | 02364V206 | BBG001S5NXK5 | 1168235 | 103201 | SH |  | SOLE |  | 103201 | 0 | 0 |
| GSR III ACQUISITION CORP | CL A | G4R103107 | BBG01R1X9X03 | 431600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| GSR III ACQUISITION CORP | RIGHT 99/99/9999 | G4R103131 | BBG01RBC7333 | 305083 | 44408 | SH |  | SOLE |  | 44408 | 0 | 0 |
| HCM II ACQUISITION CORP | SHS CL A | G43658106 | BBG01Q79WYC1 | 828782 | 74665 | SH |  | SOLE |  | 74665 | 0 | 0 |
| HIMAX TECHNOLOGIES INC | SPONSORED ADR | 43289P106 | BBG001SPKXV2 | 120555 | 13500 | SH |  | SOLE |  | 13500 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 75040 | 13400 | SH | Call | SOLE |  | 13400 | 0 | 0 |
| HUYA INC | ADS REP SHS A | 44852D108 | BBG00KK4Q951 | 52800 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| INOTIV INC | COM | 45783Q100 | BBG001SBF7J0 | 177996 | 97800 | SH |  | SOLE |  | 97800 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | PFD ETF | 46138E511 | BBG001T0NSB6 | 4452000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 | BBG00KJR2NN7 | 1060816 | 5837 | SH |  | SOLE |  | 5837 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 | BBG001SFN5N1 | 314465 | 10900 | SH |  | SOLE |  | 10900 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 | BBG001SFN5N1 | 65595 | 25000 | SH | Call | SOLE |  | 25000 | 0 | 0 |
| ISHARES INC | MSCI TAIWAN ETF | 46434G772 | BBG001SFGL81 | 4310052 | 75088 | SH |  | SOLE |  | 75088 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 | BBG001S8MLN3 | 564800 | 6400 | SH |  | SOLE |  | 6400 | 0 | 0 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 | BBG001SMDNB1 | 231588 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 528089 | 4832 | SH |  | SOLE |  | 4832 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 | BBG001ST0ZQ7 | 21715980 | 269262 | SH |  | SOLE |  | 269262 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 | BBG001ST0ZQ7 | 35625 | 125000 | SH | Put | SOLE |  | 125000 | 0 | 0 |
| ISHARES TR | PFD AND INCM SEC | 464288687 | BBG001SNVWC8 | 6136000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | BBG001SFC7Y7 | 1025218 | 4751 | SH |  | SOLE |  | 4751 | 0 | 0 |
| ITEOS THERAPEUTICS INC | COM | 46565G104 | BBG00VPNFT94 | 304384 | 30530 | SH |  | SOLE |  | 30530 | 0 | 0 |
| JUNIPER NETWORKS INC | COM | 48203R104 | BBG001SCTT05 | 5889675 | 147500 | SH |  | SOLE |  | 147500 | 0 | 0 |
| JUNIPER NETWORKS INC | COM | 48203R104 | BBG001SCTT05 | 1144807 | 380600 | SH | Call | SOLE |  | 380600 | 0 | 0 |
| JUNIPER NETWORKS INC | COM | 48203R104 | BBG001SCTT05 | 24843 | 1158400 | SH | Put | SOLE |  | 1158400 | 0 | 0 |
| KELLANOVA | COM | 487836108 | BBG001S5SJL0 | 1177044 | 14800 | SH |  | SOLE |  | 14800 | 0 | 0 |
| KELLANOVA | COM | 487836108 | BBG001S5SJL0 | 78276 | 86300 | SH | Put | SOLE |  | 86300 | 0 | 0 |
| LIONSGATE STUDIOS CORP | COM | 53626N102 | BBG01TT3G7X8 | 233556 | 40199 | SH |  | SOLE |  | 40199 | 0 | 0 |
| M3BRIGADE ACQUISITION V CORP | CL A | G63212107 | BBG01N69YSN8 | 690474 | 61158 | SH |  | SOLE |  | 61158 | 0 | 0 |
| MAGNERA CORP | COM SHS | 55939A107 | BBG001S5RLF3 | 748030 | 61923 | SH |  | SOLE |  | 61923 | 0 | 0 |
| MBIA INC | COM | 55262C100 | BBG001S5T021 | 492586 | 113499 | SH |  | SOLE |  | 113499 | 0 | 0 |
| MYERS INDS INC | COM | 628464109 | BBG001S5TH97 | 1593784 | 109992 | SH |  | SOLE |  | 109992 | 0 | 0 |
| NATIONAL FUEL GAS CO | COM | 636180101 | BBG001S5TLR8 | 279543 | 3300 | SH |  | SOLE |  | 3300 | 0 | 0 |
| NET LEASE OFFICE PROPERTIES | COM | 64110Y108 | BBG01JKVZRT7 | 719355 | 22100 | SH |  | SOLE |  | 22100 | 0 | 0 |
| NET POWER INC | *W EXP 06/08/202 | 64107A113 |  | 14282 | 43280 | SH |  | SOLE |  | 43280 | 0 | 0 |
| NEW GOLD INC CDA | COM | 644535106 | BBG001S5YM54 | 2500 | 50000 | SH | Put | SOLE |  | 50000 | 0 | 0 |
| OCCIDENTAL PETE CORP | *W EXP 08/03/202 | 674599162 |  | 452803 | 21864 | SH |  | SOLE |  | 21864 | 0 | 0 |
| ONDAS HLDGS INC | COM NEW | 68236H204 | BBG009HYYCF7 | 79907 | 41618 | SH |  | SOLE |  | 41618 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 | BBG001S6L063 | 230364 | 112400 | SH | Put | SOLE |  | 112400 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 356508 | 2700 | SH |  | SOLE |  | 2700 | 0 | 0 |
| PERIMETER ACQUISITION CORP I | UNIT 05/13/2030 | G7010A103 | BBG01T0B2114 | 1047000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 | BBG001SF6W88 | 202662 | 16200 | SH |  | SOLE |  | 16200 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 | BBG001SF6W88 | 109 | 10900 | SH | Put | SOLE |  | 10900 | 0 | 0 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 420006 | 17327 | SH |  | SOLE |  | 17327 | 0 | 0 |
| PROCAP ACQUISITION CORP | UNIT 05/16/2030 | G7257A113 | BBG01TS6MCX4 | 408786 | 38133 | SH |  | SOLE |  | 38133 | 0 | 0 |
| PROSHARES TR | BITCOIN ETF | 74347G440 | BBG0131STKH5 | 2591955 | 120500 | SH |  | SOLE |  | 120500 | 0 | 0 |
| PROSHARES TR | BITCOIN ETF | 74347G440 | BBG0131STKH5 | 1490 | 14900 | SH | Call | SOLE |  | 14900 | 0 | 0 |
| PROSHARES TR | BITCOIN ETF | 74347G440 | BBG0131STKH5 | 1769 | 11400 | SH | Put | SOLE |  | 11400 | 0 | 0 |
| PURECYCLE TECHNOLOGIES INC | COM | 74623V103 | BBG00YRJF230 | 137014 | 10001 | SH |  | SOLE |  | 10001 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | SHS CL A | G7490F101 | BBG01V40DWV6 | 177000 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 | BBG001SB0LX9 | 4154671 | 71227 | SH |  | SOLE |  | 71227 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 | BBG001SB0LX9 | 39740 | 62900 | SH | Put | SOLE |  | 62900 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 | BBG003T1GM12 | 325152 | 28800 | SH |  | SOLE |  | 28800 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 | BBG001S7T1S7 | 203544 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| SKECHERS U S A INC | CL A | 830566105 | BBG001S5XTG8 | 946500 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 1828980 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 80900 | 30000 | SH | Call | SOLE |  | 30000 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 7200 | 10000 | SH | Put | SOLE |  | 10000 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 83700 | 20000 | SH | Call | SOLE |  | 20000 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 391363 | 115100 | SH | Put | SOLE |  | 115100 | 0 | 0 |
| SPDR SERIES TRUST | BBG CONV SEC ETF | 78464A359 | BBG001T2PMD1 | 3721519 | 45022 | SH |  | SOLE |  | 45022 | 0 | 0 |
| SPROTT PHYSICAL GOLD  SILVE | TR UNIT | 85208R101 | BBG00JPZ8T56 | 2435511 | 80914 | SH |  | SOLE |  | 80914 | 0 | 0 |
| STAR HLDGS | SHS BEN INT | 85512G106 | BBG01C70G355 | 2017073 | 258268 | SH |  | SOLE |  | 258268 | 0 | 0 |
| TASKUS INC | CLASS A COM | 87652V109 | BBG009CL6VL2 | 419000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 | BBG00629NGW8 | 2463 | 28900 | SH | Call | SOLE |  | 28900 | 0 | 0 |
| TOTALENERGIES SE | SPONSORED ADS | 89151E109 | BBG001S6WYD9 | 263977 | 4300 | SH |  | SOLE |  | 4300 | 0 | 0 |
| TRIPLEPOINT VENTURE GROWTH B | COM | 89677Y100 | BBG005GXFKK5 | 105150 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 | BBG001SDGSH1 | 277585 | 2750 | SH |  | SOLE |  | 2750 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 13664286 | 43800 | SH |  | SOLE |  | 43800 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 142935 | 50000 | SH | Put | SOLE |  | 50000 | 0 | 0 |
| UNUSUAL MACHS INC | COM SHS | 91532F102 | BBG01M9MT670 | 166309 | 19406 | SH |  | SOLE |  | 19406 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | BBG001SR42Z0 | 9000 | 10000 | SH | Call | SOLE |  | 10000 | 0 | 0 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 | BBG001T60G06 | 6550 | 10000 | SH | Call | SOLE |  | 10000 | 0 | 0 |
| VANECK ETF TRUST | PREFERRED SECURT | 92189F429 | BBG0034VZPF0 | 258632 | 15107 | SH |  | SOLE |  | 15107 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 | BBG002D68GN8 | 200515 | 719 | SH |  | SOLE |  | 719 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 | BBG001S5XBY7 | 589613 | 51360 | SH |  | SOLE |  | 51360 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 | BBG001S5XBY7 | 9750 | 45000 | SH | Put | SOLE |  | 45000 | 0 | 0 |
| WEBULL CORP | *W EXP 04/10/203 | G9572D111 |  | 66099 | 16734 | SH |  | SOLE |  | 16734 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 | BBG001S5XD28 | 482037 | 7533 | SH |  | SOLE |  | 7533 | 0 | 0 |
| YORKVILLE ACQUISITION CORP. | UNIT 06/06/2030 | G98659108 | BBG01TJCYW82 | 225000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |

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