Sector breakdown

04
Communication Services 54.0%
Industrials 22.6%
Financials 6.6%
Healthcare 3.1%
Materials 2.1%
Technology 0.1%
Other/Unmapped 11.4%

Full portfolio 38 positions

05
Type Streak 8Q trend
EA Electronic Arts Inc. - Common Stock $132,069 29.53% 644,114 $1,859 Up ×1
GTLS Chart Industries, Inc. Common Stock $101,241 22.64% 484,545 $-54,761 Down ×1
WBD Warner Bros. Discovery, Inc. - Series A Common Stock $66,762 14.93% 2,504,187 $6,110 Up ×1
CCO Clear Channel Outdoor Holdings, Inc. Common Stock $40,535 9.06% 16,750,000 Up ×1
DBRG DigitalBridge Group, Inc. $15,780 3.53% 1,000,000 Up ×1
BHF Brighthouse Financial, Inc. - Common Stock $9,739 2.18% 153,852 $-433 Down ×1
AAUC Allied Gold Corporation Common Shares $9,568 2.14% 200,000 Up ×1
ABVX Abivax SA - American Depositary Shares $5,264 1.18% 39,500 $532 Down ×1
OCS Oculis Holding AG - Ordinary shares $5,201 1.16% 375,000 $-725 Up ×2
CEPF Cantor Equity Partners IV, Inc. - Class A Ordinary Shares $5,200 1.16% 500,000 $105
FVAV Fortress Value Acquisition Corp. V - Class A Ordinary Shares $5,075 1.13% 500,000 $65
MZYXU CUSIP: G63113123 $5,025 1.12% 500,000 $50
Unknown issuer (CUSIP: G53157122) $4,024 0.90% 400,000 $24
IVA Inventiva S.A. - American Depository Shares $3,452 0.77% 913,135 Up ×1
IACOU Idea Acquisition Corp. - Units $3,015 0.67% 300,000 $42
SBXEU CUSIP: G8148S123 $2,538 0.57% 250,000 $25
MESHU Meshflow Acquisition Corp. - Units $2,535 0.57% 250,000 $45
ALUB Alussa Energy Acquisition Corp. II Class A Ordinary Shares $2,510 0.56% 250,000 Up ×1
HOOD Robinhood Markets, Inc. - Class A Common Stock $2,306 0.52% 23,000 $-397 Down ×1
MBVIU M3-Brigade Acquisition VI Corp. - Units $2,048 0.46% 200,000 $18
ADACU American Drive Acquisition Company - Units $2,042 0.46% 200,000 $48
LPCVU Launchpad Cadenza Acquisition Corp I - Unit $2,016 0.45% 200,000 $22
BIDU Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share $2,000 0.45% 17,500 Up ×1
COIN Coinbase Global, Inc. - 3Class A Common Stock $1,890 0.42% 12,930 $-1,939 Down ×1
HCICU Hennessy Capital Investment Corp. VIII - Units $1,521 0.34% 150,000 $21
HACQU HCM IV Acquisition Corp. - Unit $1,518 0.34% 150,000 $11
ACAAU Averin Capital Acquisition Corp. - Units $1,505 0.34% 150,000 $6
AACOU Abony Acquisition Corp. I - Units $1,502 0.34% 150,000 $11
AEXA American Exceptionalism Acquisition Corp. A Class A Ordinary Shares $1,478 0.33% 125,000 $124
IRHOU Iron Horse Acquisitions II Corp. - Units $1,281 0.29% 125,000 $36
PACHU Pioneer Acquisition I Corp - Units $1,135 0.25% 110,000 $12
BLRKU Bluerock Acquisition Corp. - Units $1,067 0.24% 105,750 $6
ITHAU ITHAX Acquisition Corp III - Units $1,049 0.23% 100,000 $53
CEPS Cantor Equity Partners VI, Inc. - Class A Ordinary Shares $1,037 0.23% 100,000 $25
SACU CUSIP: G77676123 $1,024 0.23% 100,000 $13
IEAGU Infinite Eagle Acquisition Corp. - Unit $615 0.14% 60,000 $5
GDS GDS Holdings Limited - American Depositary Shares $583 0.13% 19,400 Up ×1
ALUBWS CUSIP: G0233J118 $33 0.01% 83,333 Up ×1

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
CCO $40,535 16,750,000 9.06%
DBRG $15,780 1,000,000 3.53%
AAUC $9,568 200,000 2.14%
IVA $3,452 913,135 0.77%
ALUB $2,510 250,000 0.56%
BIDU $2,000 17,500 0.45%
GDS $583 19,400 0.13%
ALUBWS $33 83,333 0.01%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
GTLS Trimmed -270K -$55K
WBD Bought more +295K +$6K
COIN Trimmed -9K -$2K
EA Bought more +5K +$2K
OCS Bought more +152K -$725
ABVX Trimmed -3K +$532
BHF Trimmed -16K -$433
HOOD Trimmed -16K -$397
AEXA Price move only +0 +$124
CEPF Price move only +0 +$105

Exited positions

11

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarterShares beforeValue beforePrice since exit
DAY March 31, 2026 2,305,738 $159,465 No longer tracked
VRNA Dec. 31, 2025 1,208,312 $128,939 No longer tracked
K Dec. 31, 2025 1,513,343 $124,124 No longer tracked
HOLX June 30, 2026 1,523,025 $115,125 No longer tracked
BPMC Sept. 30, 2025 805,603 $103,262 No longer tracked
BABA March 31, 2026 621,505 $91,100 -15.6%
LLY March 31, 2026 71,000 $76,302 24.3%
INTU March 31, 2026 105,000 $69,554 -35.0%
ORCL March 31, 2026 295,000 $57,498 -3.3%
SE March 31, 2026 446,114 $56,911 14.9%
SCHW March 31, 2026 525,000 $52,453 2.9%
CRDO March 31, 2026 342,000 $49,210 132.9%
ETNB Dec. 31, 2025 2,593,694 $38,127 No longer tracked
JD March 31, 2026 1,230,769 $35,323 -12.8%
ITCI June 30, 2025 266,228 $35,121 No longer tracked
SEE June 30, 2026 706,311 $29,700 No longer tracked
CSGS June 30, 2026 310,140 $24,793 No longer tracked
ESGR Sept. 30, 2025 71,807 $24,153 No longer tracked
IPG Dec. 31, 2025 854,279 $23,843 No longer tracked
CWAN June 30, 2026 974,549 $23,048 No longer tracked
OS June 30, 2026 789,449 $18,947 No longer tracked
BECN June 30, 2025 149,581 $18,503 No longer tracked
WBA Sept. 30, 2025 1,284,217 $14,743 No longer tracked
TGI Sept. 30, 2025 568,177 $14,631 No longer tracked
INFA Dec. 31, 2025 537,775 $13,358 No longer tracked
JNPR Sept. 30, 2025 302,620 $12,084 No longer tracked
SWTX Sept. 30, 2025 247,000 $11,607 No longer tracked
SKX Sept. 30, 2025 183,934 $11,606 No longer tracked
DNB Sept. 30, 2025 1,248,800 $11,352 No longer tracked
EXAS March 31, 2026 92,010 $9,345 No longer tracked
DESP June 30, 2025 447,800 $8,414 No longer tracked
CFLT March 31, 2026 204,756 $6,192 No longer tracked
PLYA June 30, 2025 307,458 $4,098 No longer tracked
WNS Dec. 31, 2025 48,659 $3,711 No longer tracked
CRH Dec. 31, 2025 23,820 $2,856 -34.3%
HEES June 30, 2025 28,000 $2,654 No longer tracked
ALUBU June 30, 2026 250,000 $2,530 No longer tracked
APP Sept. 30, 2025 7,180 $2,514 -62.7%
VRE June 30, 2026 100,000 $1,887 No longer tracked
CON Sept. 30, 2025 67,800 $1,395 70.3%
AMPS June 30, 2025 255,000 $1,262 No longer tracked
SEMR June 30, 2026 100,000 $1,194 No longer tracked
PYCR June 30, 2025 50,000 $1,122 No longer tracked
MRUS Dec. 31, 2025 11,691 $1,101 No longer tracked
CCXIU June 30, 2026 100,000 $1,025 -30.9%
COIN June 30, 2025 5,398 $930 -47.8%
HOOD June 30, 2025 10,700 $445 20.4%
RDDT June 30, 2025 3,940 $413 -1.8%
FOLD June 30, 2026 25,000 $362 No longer tracked
BLZRU March 31, 2026 25,000 $256 1.8%
WENNU March 31, 2026 25,000 $256 3.3%
BCSSU March 31, 2026 20,000 $204 No longer tracked
ONCHU March 31, 2026 10,000 $104 1.3%
CEPV March 31, 2026 10,000 $103 1.9%
DM June 30, 2025 20,900 $103 No longer tracked