Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| SELECT SECTOR SPDR TR(Put) ST STR ENERG ETF | 0 | 1,339,200 | +1,339,200 | 0 | 59,876 | — | +59,876 |
| VANECK ETF TRUST(Put) SEMICONDUCTR ETF | 85,400 | 143,900 | +58,500 | 27,871 | 51,823 | — | +23,952 |
| SPDR SERIES TRUST(Put) ST STR SP BIOT | 0 | 189,600 | +189,600 | 0 | 23,118 | — | +23,118 |
| SELECT SECTOR SPDR TR(Put) ST STR TECHN ETF | 0 | 139,000 | +139,000 | 0 | 20,012 | — | +20,012 |
| SPDR SERIES TRUST(Put) SP O&G EXPL PRO | 0 | 147,500 | +147,500 | 0 | 18,623 | — | +18,623 |
| SPDR SERIES TRUST(Put) ST STR SP REGBNK | 0 | 255,100 | +255,100 | 0 | 16,533 | — | +16,533 |
| SELECT SECTOR SPDR TR(Put) ST STR DISCR ETF | 0 | 138,400 | +138,400 | 0 | 16,526 | — | +16,526 |
| SELECT SECTOR SPDR TR(Put) ST STR MATER ETF | 0 | 280,000 | +280,000 | 0 | 12,698 | — | +12,698 |
| AVIDITY BIOSCIENCES INC | 0 | 168,000 | +168,000 | 0 | 12,118 | 1.77% | +12,118 |
| DEXCOM INC(DXCM) | 0 | 0 | 0 | 0 | 11,394 | 1.66% | +11,394 |
| AVADEL PHARMACEUTICALS PLC | 0 | 522,034 | +522,034 | 0 | 11,250 | 1.64% | +11,250 |
| HOLOGIC INC | 0 | 147,250 | +147,250 | 0 | 10,969 | 1.60% | +10,969 |
| SELECT SECTOR SPDR TR ST STR ENERG ETF | 0 | 235,330 | +235,330 | 0 | 10,522 | 1.54% | +10,522 |
| SHIFT4 PMTS INC(FOUR) | 0 | 125,000 | +125,000 | 0 | 10,258 | 1.50% | +10,258 |
| BRIGHTHOUSE FINL INC(BHF) | 0 | 155,196 | +155,196 | 0 | 10,055 | 1.47% | +10,055 |
| SELECT SECTOR SPDR TR(Put) ST STR FINL ETF | 0 | 172,000 | +172,000 | 0 | 9,420 | — | +9,420 |
| PG&E CORP(PCG) | 0 | 475,000 | +475,000 | 0 | 19,337 | 2.82% | +19,337 |
| APPLE INC(AAPL)(Put) | 50,300 | 75,600 | +25,300 | 12,808 | 20,553 | — | +7,745 |
| CONFLUENT INC | 0 | 241,000 | +241,000 | 0 | 7,288 | 1.06% | +7,288 |
| RYANAIR HOLDINGS PLC(RYAAY) | 0 | 195,439 | +195,439 | 0 | 14,115 | 2.06% | +14,115 |
| ISHARES TR(Put) | 0 | 100,000 | +100,000 | 0 | 6,600 | — | +6,600 |
| INVESCO QQQ TR(Put) | 0 | 40,000 | +40,000 | 0 | 24,572 | — | +24,572 |
| ANYWHERE REAL ESTATE INC | 0 | 450,000 | +450,000 | 0 | 6,372 | 0.93% | +6,372 |
| GLOBAL PMTS INC(GPN) | 0 | 0 | 0 | 0 | 6,219 | 0.91% | +6,219 |
| SPDR SERIES TRUST(Put) ST STR SP METAL | 0 | 60,000 | +60,000 | 0 | 6,217 | — | +6,217 |
| DAYFORCE INC | 72,000 | 156,004 | +84,004 | 4,960 | 10,789 | 1.57% | +5,829 |
| CSG SYS INTL INC | 0 | 75,467 | +75,467 | 0 | 5,788 | 0.84% | +5,788 |
| TEGNA INC | 0 | 297,279 | +297,279 | 0 | 5,770 | 0.84% | +5,770 |
| QORVO INC(QRVO) | 0 | 61,800 | +61,800 | 0 | 5,223 | 0.76% | +5,223 |
| VANECK ETF TRUST SEMICONDUCTR ETF | 0 | 18,268 | +18,268 | 0 | 6,579 | 0.96% | +6,579 |
| CIDARA THERAPEUTICS INC | 0 | 22,500 | +22,500 | 0 | 4,970 | 0.73% | +4,970 |
| AKAMAI TECHNOLOGIES INC(AKAM) | 0 | 0 | 0 | 0 | 4,949 | 0.72% | +4,949 |
| SPDR SERIES TRUST SP O&G EXPL PRO | 0 | 38,468 | +38,468 | 0 | 4,857 | 0.71% | +4,857 |
| ISHARES TR(Put) | 0 | 50,000 | +50,000 | 0 | 4,802 | — | +4,802 |
| ALARM COM HLDGS INC(ALRM) | 0 | 0 | 0 | 0 | 4,744 | 0.69% | +4,744 |
| ALBEMARLE CORP | 225,000 | 225,000 | 0 | 8,712 | 13,417 | 1.96% | +4,705 |
| WARNER BROS DISCOVERY INC(WBD) | 0 | 210,000 | +210,000 | 0 | 6,052 | 0.88% | +6,052 |
| FERRARI N V(Put) COM | 0 | 25,000 | +25,000 | 0 | 9,362 | — | +9,362 |
| MICROCHIP TECHNOLOGY INC.(MCHP) | 0 | 0 | 0 | 0 | 8,079 | 1.18% | +8,079 |
| SELECT SECTOR SPDR TR ST STR TECHN ETF | 0 | 27,120 | +27,120 | 0 | 3,904 | 0.57% | +3,904 |
| FREEPORT-MCMORAN INC(FCX)(Put) | 0 | 70,200 | +70,200 | 0 | 3,565 | — | +3,565 |
| AMICUS THERAPEUTICS INC COM | 0 | 240,000 | +240,000 | 0 | 3,418 | 0.50% | +3,418 |
| GOLDMAN SACHS GROUP INC(GS)(Put) | 0 | 4,900 | +4,900 | 0 | 4,307 | — | +4,307 |
| JAMF HLDG CORP | 0 | 253,079 | +253,079 | 0 | 3,293 | 0.48% | +3,293 |
| SPDR SERIES TRUST ST STR SP REGBNK | 0 | 50,396 | +50,396 | 0 | 3,266 | 0.48% | +3,266 |
| CHUBB LIMITED(Put) COM | 4,700 | 14,700 | +10,000 | 1,327 | 4,588 | — | +3,262 |
| LIVE NATION ENTERTAINMENT IN(LYV) | 0 | 0 | 0 | 0 | 3,175 | 0.46% | +3,175 |
| ISHARES TR(Put) | 69,500 | 73,000 | +3,500 | 18,843 | 21,984 | — | +3,141 |
| FIRST FNDTN INC COM | 0 | 480,040 | +480,040 | 0 | 2,957 | 0.43% | +2,957 |
| ORACLE CORP(ORCL)(Put) | 0 | 18,700 | +18,700 | 0 | 3,645 | — | +3,645 |
| FRONTIER COMMUNICATIONS PARE | 0 | 252,926 | +252,926 | 0 | 9,629 | 1.41% | +9,629 |
| PLYMOUTH INDL REIT INC | 0 | 120,400 | +120,400 | 0 | 2,634 | 0.38% | +2,634 |
| BANK AMERICA CORP(Put) | 0 | 60,000 | +60,000 | 0 | 3,300 | — | +3,300 |
| ELECTRONIC ARTS INC(EA) | 0 | 11,900 | +11,900 | 0 | 2,432 | 0.35% | +2,432 |
| TRANE TECHNOLOGIES PLC(TT)(Put) | 5,000 | 11,600 | +6,600 | 2,110 | 4,515 | — | +2,405 |
| ENVIRI CORP | 0 | 130,000 | +130,000 | 0 | 2,330 | 0.34% | +2,330 |
| JAZZ INVESTMENTS I LTD(JAZZ) | 0 | 0 | 0 | 0 | 2,328 | 0.34% | +2,328 |
| PROASSURANCE CORP | 0 | 346,854 | +346,854 | 0 | 8,380 | 1.22% | +8,380 |
| SPDR SERIES TRUST ST STR SP BIOT | 0 | 18,977 | +18,977 | 0 | 2,314 | 0.34% | +2,314 |
| SPDR SERIES TRUST(Put) ST STR SP BANK | 0 | 37,500 | +37,500 | 0 | 2,276 | — | +2,276 |
| SUPER MICRO COMPUTER INC(SMCI) | 0 | 0 | 0 | 0 | 2,231 | 0.33% | +2,231 |
| SWK HLDGS CORP(SWKHL) | 0 | 125,000 | +125,000 | 0 | 2,150 | 0.31% | +2,150 |
| US BANCORP DEL(USB)(Put) | 0 | 39,900 | +39,900 | 0 | 2,129 | — | +2,129 |
| KENVUE INC(KVUE) | 0 | 122,500 | +122,500 | 0 | 2,113 | 0.31% | +2,113 |
| SELECT SECTOR SPDR TR(Put) ST STR REAL ETF | 0 | 50,000 | +50,000 | 0 | 2,018 | — | +2,018 |
| BROOKFIELD BUSINESS PARTNERS | 150,405 | 194,668 | +44,263 | 4,905 | 6,852 | 1.00% | +1,948 |
| NEW GOLD INC CDA | 0 | 212,500 | +212,500 | 0 | 1,851 | 0.27% | +1,851 |
| LI AUTO INC(LI)(Put) | 0 | 127,500 | +127,500 | 0 | 2,159 | — | +2,159 |
| ELME COMMUNITIES | 100,000 | 202,516 | +102,516 | 1,686 | 3,524 | 0.51% | +1,838 |
| KRANESHARES TRUST | 0 | 60,862 | +60,862 | 0 | 2,072 | 0.30% | +2,072 |
| DENNYS CORP | 0 | 288,285 | +288,285 | 0 | 1,793 | 0.26% | +1,793 |
| SELECT SECTOR SPDR TR ST STR FINL ETF | 0 | 30,219 | +30,219 | 0 | 1,655 | 0.24% | +1,655 |
| SELECT SECTOR SPDR TR ST STR REAL ETF | 0 | 40,938 | +40,938 | 0 | 1,652 | 0.24% | +1,652 |
| ARM HOLDINGS PLC(Put) | 0 | 15,000 | +15,000 | 0 | 1,640 | — | +1,640 |
| TRIPADVISOR INC(TRIP) | 0 | 0 | 0 | 0 | 2,205 | 0.32% | +2,205 |
| METLIFE INC(MET)(Put) | 30,000 | 51,500 | +21,500 | 2,471 | 4,065 | — | +1,594 |
| UBS GROUP AG(UBS)(Put) | 268,400 | 268,400 | 0 | 10,941 | 12,515 | — | +1,574 |
| ISHARES TR | 0 | 23,677 | +23,677 | 0 | 1,563 | 0.23% | +1,563 |
| LI AUTO INC(LI) | 0 | 96,335 | +96,335 | 0 | 1,631 | 0.24% | +1,631 |
| GUESS INC | 118,288 | 208,688 | +90,400 | 1,977 | 3,496 | 0.51% | +1,519 |
| DIAMOND HILL INVT GROUP INC COM NEW | 0 | 8,800 | +8,800 | 0 | 1,492 | 0.22% | +1,492 |
| TXNM ENERGY INC(TXNM) | 105,000 | 125,274 | +20,274 | 5,938 | 7,376 | 1.08% | +1,438 |
| GULF IS FABRICATION INC | 0 | 119,999 | +119,999 | 0 | 1,436 | 0.21% | +1,436 |
| SEMRUSH HLDGS INC CL A COM | 0 | 120,000 | +120,000 | 0 | 1,427 | 0.21% | +1,427 |
| EVENTBRITE INC | 0 | 320,000 | +320,000 | 0 | 1,424 | 0.21% | +1,424 |
| CATERPILLAR INC(CAT)(Put) | 18,900 | 18,200 | -700 | 9,018 | 10,426 | — | +1,408 |
| ORACLE CORP(ORCL) | 0 | 7,181 | +7,181 | 0 | 1,400 | 0.20% | +1,400 |
| SELECT SECTOR SPDR TR ST STR MATER ETF | 0 | 30,777 | +30,777 | 0 | 1,396 | 0.20% | +1,396 |
| TOYOTA MOTOR CORP(TM)(Put) | 0 | 6,500 | +6,500 | 0 | 1,391 | — | +1,391 |
| SELECT SECTOR SPDR TR(Put) ST STR INDL ETF | 0 | 8,800 | +8,800 | 0 | 1,365 | — | +1,365 |
| APPLE INC(AAPL) | 0 | 14,049 | +14,049 | 0 | 3,819 | 0.56% | +3,819 |
| ASTRIA THERAPEUTICS INC | 0 | 100,000 | +100,000 | 0 | 1,309 | 0.19% | +1,309 |
| TRANE TECHNOLOGIES PLC(TT) | 0 | 4,803 | +4,803 | 0 | 1,869 | 0.27% | +1,869 |
| FERRARI N V COM | 0 | 3,456 | +3,456 | 0 | 1,294 | 0.19% | +1,294 |
| GREEN DOT CORP | 0 | 100,000 | +100,000 | 0 | 1,281 | 0.19% | +1,281 |
| ISHARES TR | 0 | 38,537 | +38,537 | 0 | 1,476 | 0.22% | +1,476 |
| GOLDEN ENTMT INC | 0 | 46,280 | +46,280 | 0 | 1,258 | 0.18% | +1,258 |
| MERSANA THERAPEUTICS INC | 0 | 41,392 | +41,392 | 0 | 1,197 | 0.17% | +1,197 |
| TEMPUS AI INC(TEM)(Put) | 0 | 20,000 | +20,000 | 0 | 1,181 | — | +1,181 |
| NORFOLK SOUTHN CORP(NSC) | 0 | 4,000 | +4,000 | 0 | 1,155 | 0.17% | +1,155 |