# EDGAR Filing Document

**Accession Number:** 0002037238
**File Stem:** 0002037238-26-000001
**Filing Date:** 2026-2
**Character Count:** 34810
**Document Hash:** 2dd311bdc2eddc68d7660b57c3c3192c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002037238-26-000001.hdr.sgml**: 20260217

**ACCESSION NUMBER**: 0002037238-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260217

**DATE AS OF CHANGE**: 20260217

**EFFECTIVENESS DATE**: 20260217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Massar Capital Management, LP
- **CENTRAL INDEX KEY:** 0002037238

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25137
- **FILM NUMBER:** 26637435

**BUSINESS ADDRESS:**
- **STREET 1:** 4 STAMFORD PLAZA
- **STREET 2:** 107 ELM STREET, 4TH FLOOR
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902
- **BUSINESS PHONE:** 212.278.0350

**MAIL ADDRESS:**
- **STREET 1:** 4 STAMFORD PLAZA
- **STREET 2:** 107 ELM STREET, 4TH FLOOR
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902

### FORM 13F COVER PAGE

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

**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:** Massar Capital Management LP<br>**Address:** 4 STAMFORD PLAZA<br>107 ELM STREET 4TH FLOOR<br>STAMFORD, CT 06902

**Form 13F File Number:** 028-25137

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:** Philippe Lionnet<br>**Title:** Chief Operating Officer<br>**Phone:** 212.278.0350

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

/s/ Philippe Lionnet  Stamford, CT  02-17-2026<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 317

**Form 13F Information Table Value Total:** $931798505

      (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 |
| ABBVIE INC | COM | 00287Y109 |  | 1577495 | 6904 | SH |  | SOLE |  | 6904 | 0 | 0 |
| ACM RESH INC | COM CL A | 00108J109 |  | 2135626 | 54135 | SH |  | SOLE |  | 54135 | 0 | 0 |
| AFFILIATED MANAGERS GROUP IN | COM | 008252108 |  | 498724 | 1730 | SH |  | SOLE |  | 1730 | 0 | 0 |
| AGCO CORP | COM | 001084102 |  | 441169 | 4229 | SH |  | SOLE |  | 4229 | 0 | 0 |
| AGILYSYS INC | COM | 00847J105 |  | 356520 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| AIRSCULPT TECHNOLOGIES INC | COM | 009496100 |  | 400455 | 202250 | SH |  | SOLE |  | 202250 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 52240086 | 356393 | SH |  | SOLE |  | 356393 | 0 | 0 |
| ALIGNMENT HEALTHCARE INC | COM | 01625V104 |  | 720875 | 36500 | SH |  | SOLE |  | 36500 | 0 | 0 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 1308326 | 20125 | SH |  | SOLE |  | 20125 | 0 | 0 |
| ALPHA TEKNOVA INC | COM | 02080L102 |  | 760000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2504000 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 301248 | 960 | SH |  | SOLE |  | 960 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 6991769 | 30291 | SH |  | SOLE |  | 30291 | 0 | 0 |
| AMER SPORTS INC | COM SHS | G0260P102 |  | 405397 | 10854 | SH |  | SOLE |  | 10854 | 0 | 0 |
| AMERICAN EXCEPTIONALISM ACQU | ORD CL A | G0273J101 |  | 1798709 | 157920 | SH |  | SOLE |  | 157920 | 0 | 0 |
| AMERIS BANCORP | COM | 03076K108 |  | 422225 | 5685 | SH |  | SOLE |  | 5685 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 1560614 | 4768 | SH |  | SOLE |  | 4768 | 0 | 0 |
| AMKOR TECHNOLOGY INC | COM | 031652100 |  | 550983 | 13956 | SH |  | SOLE |  | 13956 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 379060 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 434280 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| APPIAN CORP | CL A | 03782L101 |  | 267598 | 7555 | SH |  | SOLE |  | 7555 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 12451188 | 45800 | SH | Put | SOLE |  | 45800 | 0 | 0 |
| ARCELORMITTAL SA LUXEMBOURG | NY REGISTRY SH | 03938L203 |  | 489376 | 10739 | SH |  | SOLE |  | 10739 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 397283 | 3032 | SH |  | SOLE |  | 3032 | 0 | 0 |
| ARK ETF TR | GENOMIC REV ETF | 00214Q302 |  | 376610 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| ASANA INC | CL A | 04342Y104 |  | 1004943 | 73300 | SH |  | SOLE |  | 73300 | 0 | 0 |
| ASP ISOTOPES INC | COM | 00218A105 |  | 788462 | 147376 | SH |  | SOLE |  | 147376 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 1847402 | 14139 | SH |  | SOLE |  | 14139 | 0 | 0 |
| BARINGS BDC INC | COM | 06759L103 |  | 327157 | 35638 | SH |  | SOLE |  | 35638 | 0 | 0 |
| BERTO ACQUISITION CORP | ORD SHS | G1051H101 |  | 1825200 | 180000 | SH |  | SOLE |  | 180000 | 0 | 0 |
| BIOHAVEN LTD | COM | G1110E107 |  | 2793146 | 247400 | SH |  | SOLE |  | 247400 | 0 | 0 |
| BITMINE IMMERSION TECNOLOGIE | COM NEW | 09175A206 |  | 270821 | 9975 | SH |  | SOLE |  | 9975 | 0 | 0 |
| BKV CORP | COM | 05603J108 |  | 427612 | 15750 | SH |  | SOLE |  | 15750 | 0 | 0 |
| BLACK HILLS CORP | COM | 092113109 |  | 475110 | 6844 | SH |  | SOLE |  | 6844 | 0 | 0 |
| BLEND LABS INC | CL A | 09352U108 |  | 668800 | 220000 | SH |  | SOLE |  | 220000 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 22879395 | 351504 | SH |  | SOLE |  | 351504 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 29713585 | 456500 | SH | Call | SOLE |  | 456500 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 29713585 | 456500 | SH | Put | SOLE |  | 456500 | 0 | 0 |
| BOLD EAGLE ACQUISITION CORP | CL A | G2003N105 |  | 846400 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| BOOT BARN HLDGS INC | COM | 099406100 |  | 367940 | 2085 | SH |  | SOLE |  | 2085 | 0 | 0 |
| BRANDYWINE RLTY TR | SH BEN INT NEW | 105368203 |  | 387502 | 132706 | SH |  | SOLE |  | 132706 | 0 | 0 |
| BROADSTONE NET LEASE INC | COM | 11135E203 |  | 642117 | 36967 | SH |  | SOLE |  | 36967 | 0 | 0 |
| BROOKFIELD RENEWABLE CORP | CL A EX SUB VTG | 11285B108 |  | 268380 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| BTQ TECHNOLOGIES CORP | COM | 055869101 |  | 244173 | 47690 | SH |  | SOLE |  | 47690 | 0 | 0 |
| BXP INC | COM | 101121101 |  | 672776 | 9970 | SH |  | SOLE |  | 9970 | 0 | 0 |
| CACI INTL INC | CL A | 127190304 |  | 378828 | 711 | SH |  | SOLE |  | 711 | 0 | 0 |
| CACTUS INC | CL A | 127203107 |  | 216615 | 4742 | SH |  | SOLE |  | 4742 | 0 | 0 |
| CADIZ INC | COM NEW | 127537207 |  | 1265683 | 225612 | SH |  | SOLE |  | 225612 | 0 | 0 |
| CANTOR EQUITY PARTNERS I INC | SHS CL A | G1827K107 |  | 741712 | 71250 | SH |  | SOLE |  | 71250 | 0 | 0 |
| CANTOR EQUITY PARTNERS II IN | CL A ORD SHS | G1827P106 |  | 788200 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| CAPITOL FED FINL INC | COM | 14057J101 |  | 211185 | 31011 | SH |  | SOLE |  | 31011 | 0 | 0 |
| CARLYLE GROUP INC | COM | 14316J108 |  | 1186633 | 20075 | SH |  | SOLE |  | 20075 | 0 | 0 |
| CATALYST PHARMACEUTICALS INC | COM | 14888U101 |  | 428056 | 18340 | SH |  | SOLE |  | 18340 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 680365 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| CHURCHILL CAPITAL CORP IX | CL A SHS | G21301109 |  | 1169300 | 110000 | SH |  | SOLE |  | 110000 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 317200 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 1541370 | 20010 | SH |  | SOLE |  | 20010 | 0 | 0 |
| CLEARPOINT NEURO INC | COM | 18507C103 |  | 2410799 | 176228 | SH |  | SOLE |  | 176228 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 361179 | 1832 | SH |  | SOLE |  | 1832 | 0 | 0 |
| CNA FINL CORP | COM | 126117100 |  | 702017 | 14705 | SH |  | SOLE |  | 14705 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 1556267 | 22261 | SH |  | SOLE |  | 22261 | 0 | 0 |
| COGNEX CORP | COM | 192422103 |  | 1315789 | 36570 | SH |  | SOLE |  | 36570 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 1541310 | 18570 | SH |  | SOLE |  | 18570 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 16740466 | 74027 | SH |  | SOLE |  | 74027 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 16711746 | 73900 | SH | Call | SOLE |  | 73900 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 16711746 | 73900 | SH | Put | SOLE |  | 73900 | 0 | 0 |
| COLLEGIUM PHARMACEUTICAL INC | COM | 19459J104 |  | 431377 | 9317 | SH |  | SOLE |  | 9317 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 992936 | 57362 | SH |  | SOLE |  | 57362 | 0 | 0 |
| COOPER COS INC | COM | 216648501 |  | 1543471 | 18832 | SH |  | SOLE |  | 18832 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 1550291 | 106476 | SH |  | SOLE |  | 106476 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 19242496 | 1321600 | SH | Call | SOLE |  | 1321600 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 17786496 | 1221600 | SH | Put | SOLE |  | 1221600 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 2271482 | 25942 | SH |  | SOLE |  | 25942 | 0 | 0 |
| COSAN S A | ADS | 22113B103 |  | 1185679 | 300172 | SH |  | SOLE |  | 300172 | 0 | 0 |
| CREDICORP LTD | COM | G2519Y108 |  | 436527 | 1521 | SH |  | SOLE |  | 1521 | 0 | 0 |
| CSG SYS INTL INC | COM | 126349109 |  | 278155 | 3627 | SH |  | SOLE |  | 3627 | 0 | 0 |
| CVRX INC | COM | 126638105 |  | 245660 | 34600 | SH |  | SOLE |  | 34600 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 301490 | 2217 | SH |  | SOLE |  | 2217 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 662758 | 5265 | SH |  | SOLE |  | 5265 | 0 | 0 |
| DIREXION SHS ETF TR | DAILY S 500 B | 25460E190 |  | 817796 | 23056 | SH |  | SOLE |  | 23056 | 0 | 0 |
| DIREXION SHS ETF TR | DRX S | 25459W862 |  | 860158 | 3899 | SH |  | SOLE |  | 3899 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 3281923 | 28847 | SH |  | SOLE |  | 28847 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 482440 | 14000 | SH |  | SOLE |  | 14000 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 1583116 | 39381 | SH |  | SOLE |  | 39381 | 0 | 0 |
| ECOPETROL S A | SPONSORED ADS | 279158109 |  | 400800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 452440 | 421 | SH |  | SOLE |  | 421 | 0 | 0 |
| ELLINGTON FINANCIAL INC | COM | 28852N109 |  | 447828 | 32977 | SH |  | SOLE |  | 32977 | 0 | 0 |
| EMBRAER S.A. | SPONSORED ADS | 29082A107 |  | 431022 | 6696 | SH |  | SOLE |  | 6696 | 0 | 0 |
| ENCORE ENERGY CORP | COM NEW | 29259W700 |  | 229725 | 92631 | SH |  | SOLE |  | 92631 | 0 | 0 |
| ENERGY FUELS INC | COM NEW | 292671708 |  | 2791971 | 192020 | SH |  | SOLE |  | 192020 | 0 | 0 |
| ENOVA INTL INC | COM | 29357K103 |  | 521118 | 3315 | SH |  | SOLE |  | 3315 | 0 | 0 |
| ENVELA CORP | COM | 29402E102 |  | 174475 | 13040 | SH |  | SOLE |  | 13040 | 0 | 0 |
| EPAM SYS INC | COM | 29414B104 |  | 1510785 | 7374 | SH |  | SOLE |  | 7374 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 2065315 | 38532 | SH |  | SOLE |  | 38532 | 0 | 0 |
| ERO COPPER CORP | COM | 296006109 |  | 3274115 | 115734 | SH |  | SOLE |  | 115734 | 0 | 0 |
| ETF SER SOLUTIONS | DEFIANCE QUANTUM | 26922A420 |  | 390170 | 3558 | SH |  | SOLE |  | 3558 | 0 | 0 |
| EVERCORE INC | CLASS A | 29977A105 |  | 407279 | 1197 | SH |  | SOLE |  | 1197 | 0 | 0 |
| EVERGY INC | COM | 30034W106 |  | 1558028 | 21493 | SH |  | SOLE |  | 21493 | 0 | 0 |
| EVOLV TECHNOLOGIES HLDNGS IN | COM CL A | 30049H102 |  | 1736300 | 242500 | SH |  | SOLE |  | 242500 | 0 | 0 |
| EXAGEN INC | COM | 30068X103 |  | 1033600 | 170000 | SH |  | SOLE |  | 170000 | 0 | 0 |
| EXPRO GROUP HOLDINGS NV | COM | N3144W105 |  | 146730 | 10991 | SH |  | SOLE |  | 10991 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 13189264 | 109600 | SH | Put | SOLE |  | 109600 | 0 | 0 |
| F5 INC | COM | 315616102 |  | 1553257 | 6085 | SH |  | SOLE |  | 6085 | 0 | 0 |
| FASTLY INC | CL A | 31188V100 |  | 642256 | 63090 | SH |  | SOLE |  | 63090 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 386708 | 1737 | SH |  | SOLE |  | 1737 | 0 | 0 |
| FIDUS INVT CORP | COM | 316500107 |  | 240324 | 12452 | SH |  | SOLE |  | 12452 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 3886523 | 57861 | SH |  | SOLE |  | 57861 | 0 | 0 |
| FLUENCE ENERGY INC | COM CL A | 34379V103 |  | 2603048 | 131600 | SH |  | SOLE |  | 131600 | 0 | 0 |
| FLUSHING FINL CORP | COM | 343873105 |  | 156661 | 10327 | SH |  | SOLE |  | 10327 | 0 | 0 |
| FORMFACTOR INC | COM | 346375108 |  | 251010 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| FORTUNA MNG CORP | COM NEW | 349942102 |  | 430796 | 43914 | SH |  | SOLE |  | 43914 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 558690 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 481889 | 2448 | SH |  | SOLE |  | 2448 | 0 | 0 |
| GALAPAGOS NV | SPON ADR | 36315X101 |  | 1275300 | 39000 | SH |  | SOLE |  | 39000 | 0 | 0 |
| GAMING  LEISURE PPTYS INC | COM | 36467J108 |  | 1664747 | 37251 | SH |  | SOLE |  | 37251 | 0 | 0 |
| GDS HLDGS LTD | SPONSORED ADS | 36165L108 |  | 1012100 | 29000 | SH |  | SOLE |  | 29000 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 402599 | 616 | SH |  | SOLE |  | 616 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 1396717 | 86645 | SH |  | SOLE |  | 86645 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 417545 | 6685 | SH |  | SOLE |  | 6685 | 0 | 0 |
| GITLAB INC | CLASS A COM | 37637K108 |  | 2395540 | 63830 | SH |  | SOLE |  | 63830 | 0 | 0 |
| GLOBAL NET LEASE INC | COM NEW | 379378201 |  | 137290 | 15964 | SH |  | SOLE |  | 15964 | 0 | 0 |
| GLOBAL X FDS | GLBX MSCI COLUM | 37954Y327 |  | 1425600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| GLOBAL X FDS | GLOBAL X URANIUM | 37954Y871 |  | 4166175 | 97500 | SH |  | SOLE |  | 97500 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 13185000 | 15000 | SH | Put | SOLE |  | 15000 | 0 | 0 |
| GRAVITY CO LTD | SPONSORED ADS NE | 38911N206 |  | 405090 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| GRAYSCALE ETHEREUM MINI TR E | SHS NEW | 38964R203 |  | 10012510 | 356825 | SH |  | SOLE |  | 356825 | 0 | 0 |
| GRUPO AVAL ACCIONES Y VALORE | SPONSORED ADS | 40053W101 |  | 526500 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| GRUPO CIBEST SA | SPON ADS | 40090E106 |  | 1653860 | 26000 | SH |  | SOLE |  | 26000 | 0 | 0 |
| GRUPO FINANCIERO GALICIA S.A | SPONSORED ADR | 399909100 |  | 1618200 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 422220 | 2030 | SH |  | SOLE |  | 2030 | 0 | 0 |
| HALLADOR ENERGY COMPANY | COM | 40609P105 |  | 355800 | 18687 | SH |  | SOLE |  | 18687 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 1591490 | 56316 | SH |  | SOLE |  | 56316 | 0 | 0 |
| HANOVER INS GROUP INC | COM | 410867105 |  | 369926 | 2024 | SH |  | SOLE |  | 2024 | 0 | 0 |
| HECLA MNG CO | COM | 422704106 |  | 605886 | 31573 | SH |  | SOLE |  | 31573 | 0 | 0 |
| HERITAGE INSURANCE HLDGS INC | COM | 42727J102 |  | 387519 | 13244 | SH |  | SOLE |  | 13244 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 5310155 | 27219 | SH |  | SOLE |  | 27219 | 0 | 0 |
| HOPE BANCORP INC | COM | 43940T109 |  | 235662 | 21502 | SH |  | SOLE |  | 21502 | 0 | 0 |
| HORACE MANN EDUCATORS CORP N | COM | 440327104 |  | 364406 | 7891 | SH |  | SOLE |  | 7891 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 1100201 | 46422 | SH |  | SOLE |  | 46422 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 1818828 | 9359 | SH |  | SOLE |  | 9359 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 466129 | 689 | SH |  | SOLE |  | 689 | 0 | 0 |
| INNOVATIVE INDL PPTYS INC | COM | 45781V101 |  | 237510 | 5015 | SH |  | SOLE |  | 5015 | 0 | 0 |
| INOTIV INC | COM | 45783Q100 |  | 192632 | 342700 | SH |  | SOLE |  | 342700 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 2541856 | 68885 | SH |  | SOLE |  | 68885 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 436614 | 1474 | SH |  | SOLE |  | 1474 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 12500062 | 42200 | SH | Put | SOLE |  | 42200 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | KBW BK ETF | 46138E628 |  | 5146916 | 61062 | SH |  | SOLE |  | 61062 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 2132101 | 29853 | SH |  | SOLE |  | 29853 | 0 | 0 |
| INVESCO MORTGAGE CAPITAL INC | COM | 46131B704 |  | 93570 | 11126 | SH |  | SOLE |  | 11126 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 3233728 | 5264 | SH |  | SOLE |  | 5264 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 45151785 | 73500 | SH | Call | SOLE |  | 73500 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 2616356 | 52696 | SH |  | SOLE |  | 52696 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 16996950 | 535000 | SH |  | SOLE |  | 535000 | 0 | 0 |
| ISHARES INC | MSCI CHILE ETF | 464286640 |  | 3030000 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 29372920 | 337000 | SH | Call | SOLE |  | 337000 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 25276400 | 290000 | SH | Put | SOLE |  | 290000 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 1421640 | 21540 | SH |  | SOLE |  | 21540 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 4309346 | 44875 | SH |  | SOLE |  | 44875 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 2404245 | 9767 | SH |  | SOLE |  | 9767 | 0 | 0 |
| IVANHOE ELECTRIC INC | COM | 46578C108 |  | 1345900 | 84224 | SH |  | SOLE |  | 84224 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 423661 | 1858 | SH |  | SOLE |  | 1858 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 3162740 | 110200 | SH |  | SOLE |  | 110200 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 13146576 | 40800 | SH | Put | SOLE |  | 40800 | 0 | 0 |
| JUMIA TECHNOLOGIES AG | SPONSORED ADS | 48138M105 |  | 2479203 | 198495 | SH |  | SOLE |  | 198495 | 0 | 0 |
| KAISER ALUMINUM CORP | COM PAR $0.01 | 483007704 |  | 218579 | 1903 | SH |  | SOLE |  | 1903 | 0 | 0 |
| KASPI KZ JSC | SPONSORED ADS | 48581R205 |  | 1981377 | 25360 | SH |  | SOLE |  | 25360 | 0 | 0 |
| KEARNY FINL CORP MD | COM | 48716P108 |  | 87327 | 11785 | SH |  | SOLE |  | 11785 | 0 | 0 |
| KEMPER CORP | COM | 488401100 |  | 349293 | 8616 | SH |  | SOLE |  | 8616 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 1929289 | 9495 | SH |  | SOLE |  | 9495 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 824700 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| KINETIK HOLDINGS INC | COM NEW CL A | 02215L209 |  | 410465 | 11386 | SH |  | SOLE |  | 11386 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 |  | 489815 | 17394 | SH |  | SOLE |  | 17394 | 0 | 0 |
| KRANESHARES TRUST | GLOBAL HUMANOID | 500767751 |  | 1751596 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| LITHIUM AMERS CORP NEW | COM SHS | 53681J103 |  | 1273918 | 292183 | SH |  | SOLE |  | 292183 | 0 | 0 |
| LITHIUM ARGENTINA AG | NOTE 1.750% 1/1 | 53680QAA6 |  | 616272 | 110443 | SH |  | SOLE |  | 110443 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 4924474 | 23697 | SH |  | SOLE |  | 23697 | 0 | 0 |
| LUMEN TECHNOLOGIES INC | COM | 550241103 |  | 1139921 | 146708 | SH |  | SOLE |  | 146708 | 0 | 0 |
| LXP INDUSTRIAL TRUST | COM | 529043408 |  | 328170 | 6619 | SH |  | SOLE |  | 6619 | 0 | 0 |
| MADISON SQUARE GARDEN ENTMT | COM CL A | 558256103 |  | 470891 | 8738 | SH |  | SOLE |  | 8738 | 0 | 0 |
| MAIN STR CAP CORP | COM | 56035L104 |  | 1290172 | 21364 | SH |  | SOLE |  | 21364 | 0 | 0 |
| MANPOWERGROUP INC WIS | COM | 56418H100 |  | 217594 | 7319 | SH |  | SOLE |  | 7319 | 0 | 0 |
| MARA HOLDINGS INC | COM | 565788106 |  | 14662598 | 1632806 | SH |  | SOLE |  | 1632806 | 0 | 0 |
| MARA HOLDINGS INC | COM | 565788106 |  | 16443278 | 1831100 | SH | Call | SOLE |  | 1831100 | 0 | 0 |
| MARA HOLDINGS INC | COM | 565788106 |  | 16443278 | 1831100 | SH | Put | SOLE |  | 1831100 | 0 | 0 |
| MARAVAI LIFESCIENCES HLDGS I | COM CL A | 56600D107 |  | 650000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 404729 | 650 | SH |  | SOLE |  | 650 | 0 | 0 |
| MAXIMUS INC | COM | 577933104 |  | 419774 | 4863 | SH |  | SOLE |  | 4863 | 0 | 0 |
| MEDPACE HLDGS INC | COM | 58506Q109 |  | 859324 | 1530 | SH |  | SOLE |  | 1530 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 3454456 | 1715 | SH |  | SOLE |  | 1715 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 1624583 | 15434 | SH |  | SOLE |  | 15434 | 0 | 0 |
| MERCURY GENL CORP NEW | COM | 589400100 |  | 550345 | 5851 | SH |  | SOLE |  | 5851 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2250907 | 3410 | SH |  | SOLE |  | 3410 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1232971 | 4320 | SH |  | SOLE |  | 4320 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 1000152 | 7200 | SH |  | SOLE |  | 7200 | 0 | 0 |
| MIDWESTONE FINL GROUP INC NE | COM | 598511103 |  | 413875 | 10750 | SH |  | SOLE |  | 10750 | 0 | 0 |
| MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 606822104 |  | 4440800 | 280000 | SH |  | SOLE |  | 280000 | 0 | 0 |
| MIZUHO FINANCIAL GROUP INC | SPONSORED ADR | 60687Y109 |  | 4758000 | 650000 | SH |  | SOLE |  | 650000 | 0 | 0 |
| MODINE MFG CO | COM | 607828100 |  | 354202 | 2653 | SH |  | SOLE |  | 2653 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 7113216 | 140800 | SH |  | SOLE |  | 140800 | 0 | 0 |
| MUELLER INDS INC | COM | 624756102 |  | 1575860 | 13727 | SH |  | SOLE |  | 13727 | 0 | 0 |
| NANO NUCLEAR ENERGY INC | COM | 63010H108 |  | 514414 | 21425 | SH |  | SOLE |  | 21425 | 0 | 0 |
| NAVIENT CORPORATION | COM | 63938C108 |  | 140465 | 10805 | SH |  | SOLE |  | 10805 | 0 | 0 |
| NEURONETICS INC | COM | 64131A105 |  | 304980 | 221000 | SH |  | SOLE |  | 221000 | 0 | 0 |
| NEW AMER ACQUISITION I CORP | UNIT 99/99/9999 | 023634207 |  | 1095965 | 105280 | SH |  | SOLE |  | 105280 | 0 | 0 |
| NEXGEN ENERGY LTD | COM | 65340P106 |  | 1138951 | 123799 | SH |  | SOLE |  | 123799 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 2484666 | 30950 | SH |  | SOLE |  | 30950 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 295105 | 4632 | SH |  | SOLE |  | 4632 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 1344881 | 32205 | SH |  | SOLE |  | 32205 | 0 | 0 |
| NOBLE CORP PLC | ORD SHS A | G65431127 |  | 3500630 | 123960 | SH |  | SOLE |  | 123960 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 2916072 | 10100 | SH |  | SOLE |  | 10100 | 0 | 0 |
| NPK INTERNATIONAL INC | COM SHS | 651718504 |  | 395148 | 33150 | SH |  | SOLE |  | 33150 | 0 | 0 |
| OAKTREE SPECIALTY LENDING CO | COM | 67401P405 |  | 367065 | 28812 | SH |  | SOLE |  | 28812 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 2686768 | 17135 | SH |  | SOLE |  | 17135 | 0 | 0 |
| OLD REP INTL CORP | COM | 680223104 |  | 503774 | 11038 | SH |  | SOLE |  | 11038 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 24218932 | 124257 | SH |  | SOLE |  | 124257 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 293726 | 40966 | SH |  | SOLE |  | 40966 | 0 | 0 |
| OUTFRONT MEDIA INC | COM NEW | 69007J304 |  | 415219 | 17229 | SH |  | SOLE |  | 17229 | 0 | 0 |
| PAR PAC HOLDINGS INC | COM NEW | 69888T207 |  | 368478 | 10486 | SH |  | SOLE |  | 10486 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 939393 | 16091 | SH |  | SOLE |  | 16091 | 0 | 0 |
| PERPETUA RESOURCES CORP | COM | 714266103 |  | 1274414 | 52640 | SH |  | SOLE |  | 52640 | 0 | 0 |
| PERSPECTIVE THERAPEUTICS INC | COM NEW | 46489V302 |  | 143000 | 52000 | SH |  | SOLE |  | 52000 | 0 | 0 |
| PLANET LABS PBC | COM CL A | 72703X106 |  | 635300 | 32216 | SH |  | SOLE |  | 32216 | 0 | 0 |
| POLARIS INC | COM | 731068102 |  | 203349 | 3215 | SH |  | SOLE |  | 3215 | 0 | 0 |
| PROSHARES TR | PSHS ULT S 500 | 74347R107 |  | 439034 | 7580 | SH |  | SOLE |  | 7580 | 0 | 0 |
| PROSHARES TR | PSHS ULTRA QQQ | 74347R206 |  | 422530 | 6001 | SH |  | SOLE |  | 6001 | 0 | 0 |
| PROSHARES TR | PSHS ULTRUSS2000 | 74347R842 |  | 853930 | 18161 | SH |  | SOLE |  | 18161 | 0 | 0 |
| PROSHARES TR | ULTRASHORT QQQ | 74349Y829 |  | 400728 | 19838 | SH |  | SOLE |  | 19838 | 0 | 0 |
| PROSHARES TR | ULTRASHRT S | 74350P667 |  | 802566 | 11718 | SH |  | SOLE |  | 11718 | 0 | 0 |
| PROSPECT CAP CORP | COM | 74348T102 |  | 60047 | 23184 | SH |  | SOLE |  | 23184 | 0 | 0 |
| PURECYCLE TECHNOLOGIES INC | COM | 74623V103 |  | 214750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 3927268 | 9305 | SH |  | SOLE |  | 9305 | 0 | 0 |
| QXO INC | COM NEW | 82846H405 |  | 2329383 | 120756 | SH |  | SOLE |  | 120756 | 0 | 0 |
| READY CAPITAL CORP | COM | 75574U101 |  | 267373 | 122648 | SH |  | SOLE |  | 122648 | 0 | 0 |
| REDDIT INC | CL A | 75734B100 |  | 412847 | 1796 | SH |  | SOLE |  | 1796 | 0 | 0 |
| REDWIRE CORPORATION | COM | 75776W103 |  | 412072 | 54220 | SH |  | SOLE |  | 54220 | 0 | 0 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 1192720 | 8500 | SH |  | SOLE |  | 8500 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 689280 | 893 | SH |  | SOLE |  | 893 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | SHS CL A | G7490F101 |  | 1937501 | 181584 | SH |  | SOLE |  | 181584 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | UNIT 05/15/2030 | G7490F119 |  | 808840 | 73000 | SH |  | SOLE |  | 73000 | 0 | 0 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 246646 | 12740 | SH |  | SOLE |  | 12740 | 0 | 0 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 615648 | 31800 | SH | Call | SOLE |  | 31800 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 442373 | 1137 | SH |  | SOLE |  | 1137 | 0 | 0 |
| RUBRIK INC. | CL A | 781154109 |  | 2307784 | 30175 | SH |  | SOLE |  | 30175 | 0 | 0 |
| RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 |  | 492119 | 6817 | SH |  | SOLE |  | 6817 | 0 | 0 |
| SABLE OFFSHORE CORP | COM SHS | 78574H104 |  | 487080 | 54000 | SH |  | SOLE |  | 54000 | 0 | 0 |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 |  | 516399 | 27265 | SH |  | SOLE |  | 27265 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET COM | 81369Y852 |  | 1276556 | 10844 | SH |  | SOLE |  | 10844 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 1246079 | 8033 | SH |  | SOLE |  | 8033 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET UTI | 81369Y886 |  | 12314699 | 288468 | SH |  | SOLE |  | 288468 | 0 | 0 |
| SELECTIVE INS GROUP INC | COM | 816300107 |  | 428223 | 5118 | SH |  | SOLE |  | 5118 | 0 | 0 |
| SEMLER SCIENTIFIC INC | COM | 81684M104 |  | 2293500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 819566 | 5350 | SH |  | SOLE |  | 5350 | 0 | 0 |
| SIGMA LITHIUM CORPORATION | COM | 826599102 |  | 795832 | 60336 | SH |  | SOLE |  | 60336 | 0 | 0 |
| SILVERBOX CORP IV | SHS CL A | G81354105 |  | 1000868 | 94600 | SH |  | SOLE |  | 94600 | 0 | 0 |
| SIMMONS 1ST NATL CORP | CL A $1 PAR | 828730200 |  | 191686 | 10169 | SH |  | SOLE |  | 10169 | 0 | 0 |
| SIRIUSPOINT LTD | COM | G8192H106 |  | 349846 | 15982 | SH |  | SOLE |  | 15982 | 0 | 0 |
| SITIME CORP | COM | 82982T106 |  | 485283 | 1374 | SH |  | SOLE |  | 1374 | 0 | 0 |
| SKYWATER TECHNOLOGY INC | COM | 83089J108 |  | 1501487 | 82681 | SH |  | SOLE |  | 82681 | 0 | 0 |
| SMITH A O CORP | COM | 831865209 |  | 561123 | 8390 | SH |  | SOLE |  | 8390 | 0 | 0 |
| SNOW LAKE RES LTD | COM | 83336J307 |  | 501000 | 167000 | SH |  | SOLE |  | 167000 | 0 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 523600 | 20000 | SH | Call | SOLE |  | 20000 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 7331735 | 18500 | SH | Call | SOLE |  | 18500 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 22589670 | 57000 | SH | Put | SOLE |  | 57000 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1123804 | 1648 | SH |  | SOLE |  | 1648 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 18752800 | 27500 | SH | Put | SOLE |  | 27500 | 0 | 0 |
| SPIRE INC | COM | 84857L101 |  | 417056 | 5043 | SH |  | SOLE |  | 5043 | 0 | 0 |
| SPX TECHNOLOGIES INC | COM | 78473E103 |  | 374912 | 1874 | SH |  | SOLE |  | 1874 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 737825 | 8440 | SH |  | SOLE |  | 8440 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 467343 | 2758 | SH |  | SOLE |  | 2758 | 0 | 0 |
| STERIS PLC | SHS USD | G8473T100 |  | 400562 | 1580 | SH |  | SOLE |  | 1580 | 0 | 0 |
| STONECO LTD | COM CL A | G85158106 |  | 1257150 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 15368071 | 101139 | SH |  | SOLE |  | 101139 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 15878775 | 104500 | SH | Call | SOLE |  | 104500 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 15878775 | 104500 | SH | Put | SOLE |  | 104500 | 0 | 0 |
| SUMITOMO MITSUI FINL GROUP I | SPONSORED ADR | 86562M209 |  | 6185600 | 320000 | SH |  | SOLE |  | 320000 | 0 | 0 |
| SUNCOKE ENERGY INC | COM | 86722A103 |  | 88560 | 12300 | SH |  | SOLE |  | 12300 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 651258 | 22250 | SH |  | SOLE |  | 22250 | 0 | 0 |
| SWEETGREEN INC | COM CL A | 87043Q108 |  | 2778360 | 411000 | SH |  | SOLE |  | 411000 | 0 | 0 |
| SYMBOTIC INC | CLASS A COM | 87151X101 |  | 341411 | 5738 | SH |  | SOLE |  | 5738 | 0 | 0 |
| TASEKO MINES LTD | COM | 876511106 |  | 964498 | 170406 | SH |  | SOLE |  | 170406 | 0 | 0 |
| TECHNIPFMC PLC | COM | G87110105 |  | 464538 | 10425 | SH |  | SOLE |  | 10425 | 0 | 0 |
| TERRESTRIAL ENERGY INC | COM SHS | 881454102 |  | 397150 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 2563638 | 6200 | SH | Call | SOLE |  | 6200 | 0 | 0 |
| TETRA TECH INC NEW | COM | 88162G103 |  | 678112 | 20218 | SH |  | SOLE |  | 20218 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 4670197 | 16260 | SH |  | SOLE |  | 16260 | 0 | 0 |
| TEXAS VENTURES ACQUISITION I | USD CL A ORD SHS | G8772L105 |  | 1118250 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| THE ONCOLOGY INSTITUTE INC | COM | 68236X100 |  | 1424000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 300231 | 5944 | SH |  | SOLE |  | 5944 | 0 | 0 |
| TOWER SEMICONDUCTOR LTD | SHS NEW | M87915274 |  | 1565678 | 13334 | SH |  | SOLE |  | 13334 | 0 | 0 |
| TRANSALTA CORP | COM | 89346D107 |  | 1778928 | 140738 | SH |  | SOLE |  | 140738 | 0 | 0 |
| TRAVEL PLUS LEISURE CO | COM | 894164102 |  | 464087 | 6580 | SH |  | SOLE |  | 6580 | 0 | 0 |
| TRIPADVISOR INC | COM | 896945201 |  | 1310400 | 90000 | SH |  | SOLE |  | 90000 | 0 | 0 |
| TRONOX HOLDINGS PLC | SHS | G9087Q102 |  | 448363 | 107521 | SH |  | SOLE |  | 107521 | 0 | 0 |
| TWIST BIOSCIENCE CORP | COM | 90184D100 |  | 388570 | 12250 | SH |  | SOLE |  | 12250 | 0 | 0 |
| TXNM ENERGY INC | COM | 69349H107 |  | 520852 | 8846 | SH |  | SOLE |  | 8846 | 0 | 0 |
| UNIQURE NV | SHS | N90064101 |  | 969859 | 40529 | SH |  | SOLE |  | 40529 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 5753020 | 58000 | SH |  | SOLE |  | 58000 | 0 | 0 |
| URANIUM RTY CORP | COM | 91702V101 |  | 1674809 | 473110 | SH |  | SOLE |  | 473110 | 0 | 0 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 388266 | 5159 | SH |  | SOLE |  | 5159 | 0 | 0 |
| VALARIS LTD | CL A | G9460G101 |  | 925848 | 18370 | SH |  | SOLE |  | 18370 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 521200 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 376859 | 2315 | SH |  | SOLE |  | 2315 | 0 | 0 |
| VALMONT INDS INC | COM | 920253101 |  | 512958 | 1275 | SH |  | SOLE |  | 1275 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 1198874 | 7400 | SH |  | SOLE |  | 7400 | 0 | 0 |
| VIKING HOLDINGS LTD | ORD SHS | G93A5A101 |  | 443242 | 6207 | SH |  | SOLE |  | 6207 | 0 | 0 |
| VITA COCO CO INC | COM | 92846Q107 |  | 555280 | 10475 | SH |  | SOLE |  | 10475 | 0 | 0 |
| WALKER  DUNLOP INC | COM | 93148P102 |  | 229713 | 3819 | SH |  | SOLE |  | 3819 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 12399933 | 111300 | SH | Put | SOLE |  | 111300 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 1650464 | 57268 | SH |  | SOLE |  | 57268 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 1585790 | 4175 | SH |  | SOLE |  | 4175 | 0 | 0 |
| WATTS WATER TECHNOLOGIES INC | CL A | 942749102 |  | 325980 | 1181 | SH |  | SOLE |  | 1181 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 |  | 598354 | 64270 | SH |  | SOLE |  | 64270 | 0 | 0 |
| WESTWATER RES INC | COM NEW | 961684206 |  | 367650 | 490200 | SH |  | SOLE |  | 490200 | 0 | 0 |
| XPEL INC | COM | 98379L100 |  | 250947 | 5028 | SH |  | SOLE |  | 5028 | 0 | 0 |
| XPENG INC | ADS | 98422D105 |  | 776724 | 38300 | SH |  | SOLE |  | 38300 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 379942 | 2790 | SH |  | SOLE |  | 2790 | 0 | 0 |
| YORKVILLE ACQUISITION CORP. | UNIT 06/06/2030 | G98659108 |  | 1333800 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |

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