Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| INVESCO QQQ TR(Put) | 9,700,000 | 15,135,000 | +5,435,000 | 5,823,007 | 9,295,993 | — | +3,472,986 |
| INVESCO QQQ TR(Call) | 5,300,000 | 6,255,000 | +955,000 | 3,181,643 | 3,841,852 | — | +660,209 |
| ALPHABET INC(GOOG)(Put) | 0 | 2,000,000 | +2,000,000 | 0 | 626,000 | — | +626,000 |
| ALPHABET INC(GOOG) | 3,987,586 | 4,098,395 | +110,809 | 969,183 | 1,282,798 | 5.00% | +313,615 |
| SELECT SECTOR SPDR TR(Call) ST STR FINL ETF | 0 | 4,700,000 | +4,700,000 | 0 | 257,396 | — | +257,396 |
| SELECT SECTOR SPDR TR ST STR CARE ETF | 0 | 1,657,495 | +1,657,495 | 0 | 256,589 | 1.00% | +256,589 |
| ISHARES TR(Call) | 0 | 1,000,000 | +1,000,000 | 0 | 246,125 | — | +246,125 |
| SPDR SERIES TRUST(Call) ST STR SP BIOT | 0 | 1,925,000 | +1,925,000 | 0 | 234,744 | — | +234,744 |
| ADVANCED MICRO DEVICES INC(AMD)(Call) | 135,000 | 1,092,000 | +957,000 | 21,841 | 233,814 | — | +211,973 |
| ISHARES INC | 464,528 | 6,316,451 | +5,851,923 | 14,398 | 200,705 | 0.78% | +186,307 |
| ADVANCED MICRO DEVICES INC(AMD)(Put) | 0 | 817,000 | +817,000 | 0 | 174,932 | — | +174,932 |
| MICRON TECHNOLOGY INC(MU)(Put) | 163,000 | 688,000 | +525,000 | 27,280 | 196,359 | — | +169,078 |
| ISHARES INC(Call) | 17,200,000 | 21,500,000 | +4,300,000 | 533,114 | 683,163 | — | +150,049 |
| FREEPORT-MCMORAN INC(FCX)(Call) | 0 | 2,370,000 | +2,370,000 | 0 | 120,360 | — | +120,360 |
| INTERNATIONAL BUSINESS MACHS(IBM)(Call) | 0 | 377,700 | +377,700 | 0 | 111,884 | — | +111,884 |
| MORGAN STANLEY(MS) | 0 | 624,962 | +624,962 | 0 | 110,968 | 0.43% | +110,968 |
| WALMART INC(WMT)(Put) | 0 | 930,000 | +930,000 | 0 | 103,607 | — | +103,607 |
| WALMART INC(WMT)(Call) | 0 | 930,000 | +930,000 | 0 | 103,607 | — | +103,607 |
| CROWDSTRIKE HLDGS INC(CRWD) | 0 | 216,542 | +216,542 | 0 | 101,531 | 0.40% | +101,531 |
| EXPAND ENERGY CORPORATION(EXE) | 0 | 862,568 | +862,568 | 0 | 95,180 | 0.37% | +95,180 |
| EQT CORP(EQT) | 0 | 1,740,515 | +1,740,515 | 0 | 93,300 | 0.36% | +93,300 |
| BROADCOM INC(AVGO) | 915,698 | 1,139,796 | +224,098 | 301,979 | 394,506 | 1.54% | +92,527 |
| APPLIED MATLS INC | 5,444 | 354,754 | +349,310 | 1,115 | 91,165 | 0.36% | +90,050 |
| CHEVRON CORP NEW(CVX) | 0 | 539,500 | +539,500 | 0 | 82,220 | 0.32% | +82,220 |
| SELECT SECTOR SPDR TR(Call) ST STR ENERG ETF | 0 | 1,590,000 | +1,590,000 | 0 | 71,113 | — | +71,113 |
| SELECT SECTOR SPDR TR(Put) ST STR ENERG ETF | 0 | 1,590,000 | +1,590,000 | 0 | 71,113 | — | +71,113 |
| CELESTICA INC(CLS) | 92,654 | 285,615 | +192,961 | 22,821 | 84,439 | 0.33% | +61,618 |
| GE VERNOVA INC(GEV) | 0 | 91,171 | +91,171 | 0 | 59,581 | 0.23% | +59,581 |
| MONGODB INC(MDB) | 0 | 131,234 | +131,234 | 0 | 55,103 | 0.21% | +55,103 |
| BROADCOM INC(AVGO)(Call) | 0 | 240,000 | +240,000 | 0 | 83,069 | — | +83,069 |
| BROADCOM INC(AVGO)(Put) | 0 | 150,000 | +150,000 | 0 | 51,918 | — | +51,918 |
| COREWEAVE INC(CRWV)(Call) | 0 | 720,000 | +720,000 | 0 | 51,548 | — | +51,548 |
| ASTERA LABS INC(ALAB) | 0 | 273,694 | +273,694 | 0 | 45,548 | 0.18% | +45,548 |
| CREDO TECHNOLOGY GROUP HOLDI ORDINARY SHARES | 0 | 305,631 | +305,631 | 0 | 43,979 | 0.17% | +43,979 |
| MERCADOLIBRE INC(MELI) | 0 | 21,684 | +21,684 | 0 | 43,679 | 0.17% | +43,679 |
| COMCAST CORP NEW(CCZ) | 0 | 1,300,000 | +1,300,000 | 0 | 38,864 | 0.15% | +38,864 |
| CHIPOTLE MEXICAN GRILL INC(CMG) | 0 | 1,033,779 | +1,033,779 | 0 | 38,276 | 0.15% | +38,276 |
| ECHOSTAR CORP(ECHO) | 0 | 347,097 | +347,097 | 0 | 37,736 | 0.15% | +37,736 |
| INTEL CORP(INTC) | 0 | 975,372 | +975,372 | 0 | 36,016 | 0.14% | +36,016 |
| AMPHENOL CORP NEW | 0 | 252,952 | +252,952 | 0 | 34,185 | 0.13% | +34,185 |
| SELECT SECTOR SPDR TR ST STR STAPL ETF | 0 | 436,328 | +436,328 | 0 | 33,901 | 0.13% | +33,901 |
| MARVELL TECHNOLOGY INC(MRVL) | 0 | 396,737 | +396,737 | 0 | 33,725 | 0.13% | +33,725 |
| RIVIAN AUTOMOTIVE INC(RIVN) | 0 | 0 | 0 | 0 | 31,313 | 0.12% | +31,313 |
| SPDR SERIES TRUST ST STR SP RETAIL | 0 | 366,470 | +366,470 | 0 | 31,251 | 0.12% | +31,251 |
| NUCOR CORP(NUE) | 0 | 182,515 | +182,515 | 0 | 29,772 | 0.12% | +29,772 |
| PAN AMERN SILVER CORP(PAAS) | 0 | 574,217 | +574,217 | 0 | 29,742 | 0.12% | +29,742 |
| MP MATERIALS CORP(MP) | 0 | 550,206 | +550,206 | 0 | 27,783 | 0.11% | +27,783 |
| FORTUNA MNG CORP NOTE | 0 | 0 | 0 | 0 | 25,823 | 0.10% | +25,823 |
| TOWER SEMICONDUCTOR LTD(TSEM) | 0 | 204,365 | +204,365 | 0 | 23,989 | 0.09% | +23,989 |
| WESTERN DIGITAL CORP(WDC)(Call) | 455,000 | 455,000 | 0 | 54,623 | 78,381 | — | +23,758 |
| ALIBABA GROUP HLDG LTD(BABA) | 235,757 | 442,758 | +207,001 | 42,125 | 64,891 | 0.25% | +22,766 |
| LUMENTUM HLDGS INC(LITE) | 318,587 | 200,624 | -117,963 | 51,831 | 73,941 | 0.29% | +22,110 |
| OCCIDENTAL PETE CORP(OXY) | 0 | 529,699 | +529,699 | 0 | 21,779 | 0.08% | +21,779 |
| SELECT SECTOR SPDR TR(Put) ST STR UTIL ETF | 0 | 500,000 | +500,000 | 0 | 21,348 | — | +21,348 |
| SELECT SECTOR SPDR TR(Call) ST STR UTIL ETF | 0 | 500,000 | +500,000 | 0 | 21,348 | — | +21,348 |
| STUBHUB HLDGS INC(STUB) | 0 | 1,526,531 | +1,526,531 | 0 | 20,684 | 0.08% | +20,684 |
| HEWLETT PACKARD ENTERPRISE C(HPE) | 0 | 851,510 | +851,510 | 0 | 20,458 | 0.08% | +20,458 |
| DANAHER CORPORATION(DHR) | 20,704 | 105,433 | +84,729 | 4,104 | 24,144 | 0.09% | +20,040 |
| WHEATON PRECIOUS METALS CORP(WPM) | 0 | 166,319 | +166,319 | 0 | 19,541 | 0.08% | +19,541 |
| MICRON TECHNOLOGY INC(MU)(Call) | 163,000 | 163,000 | 0 | 27,280 | 46,521 | — | +19,241 |
| FREEPORT-MCMORAN INC(FCX)(Put) | 0 | 370,000 | +370,000 | 0 | 18,790 | — | +18,790 |
| HECLA MNG CO(HL) | 0 | 951,232 | +951,232 | 0 | 18,259 | 0.07% | +18,259 |
| APPLE INC(AAPL) | 616,389 | 643,312 | +26,923 | 156,908 | 174,933 | 0.68% | +18,025 |
| COEUR MNG INC(CDE) | 0 | 912,061 | +912,061 | 0 | 16,248 | 0.06% | +16,248 |
| FIRST MAJESTIC SILVER CORP(AG) | 0 | 867,052 | +867,052 | 0 | 14,449 | 0.06% | +14,449 |
| COHERENT CORP(COHR) | 0 | 368,038 | +368,038 | 0 | 67,879 | 0.26% | +67,879 |
| LAM RESEARCH CORP(LRCX) | 0 | 78,481 | +78,481 | 0 | 13,430 | 0.05% | +13,430 |
| SPDR SERIES TRUST ST STR SP BIOT | 0 | 81,960 | +81,960 | 0 | 9,995 | 0.04% | +9,995 |
| NORFOLK SOUTHN CORP(NSC) | 57,668 | 94,493 | +36,825 | 17,325 | 27,281 | 0.11% | +9,956 |
| ELI LILLY & CO(LLY) | 0 | 8,950 | +8,950 | 0 | 9,622 | 0.04% | +9,622 |
| AMKOR TECHNOLOGY INC | 0 | 224,972 | +224,972 | 0 | 8,885 | 0.03% | +8,885 |
| WELLS FARGO CO NEW(WFC) | 2,633 | 96,441 | +93,808 | 221 | 8,992 | 0.04% | +8,771 |
| DARDEN RESTAURANTS INC(DRI) | 0 | 37,616 | +37,616 | 0 | 6,924 | 0.03% | +6,924 |
| NATERA INC(NTRA) | 0 | 242,902 | +242,902 | 0 | 55,633 | 0.22% | +55,633 |
| JOHNSON & JOHNSON(JNJ) | 0 | 27,167 | +27,167 | 0 | 5,622 | 0.02% | +5,622 |
| SELECT SECTOR SPDR TR ST STR MATER ETF | 0 | 111,335 | +111,335 | 0 | 5,047 | 0.02% | +5,047 |
| DARLING INGREDIENTS INC(DAR) | 959,365 | 959,365 | 0 | 29,625 | 34,547 | 0.13% | +4,922 |
| MARVELL TECHNOLOGY INC(MRVL)(Call) | 0 | 222,200 | +222,200 | 0 | 18,888 | — | +18,888 |
| CHAMPION HOMES INC(SKY) | 0 | 46,560 | +46,560 | 0 | 3,933 | 0.02% | +3,933 |
| LAM RESEARCH CORP(LRCX)(Call) | 104,600 | 104,600 | 0 | 14,003 | 17,900 | — | +3,897 |
| TERADYNE INC(TER) | 0 | 39,902 | +39,902 | 0 | 7,724 | 0.03% | +7,724 |
| XP INC(XP) | 0 | 231,317 | +231,317 | 0 | 3,790 | 0.01% | +3,790 |
| THERMO FISHER SCIENTIFIC INC(TMO) | 31,997 | 31,997 | 0 | 15,515 | 18,544 | 0.07% | +3,029 |
| CARNIVAL CORP | 0 | 96,915 | +96,915 | 0 | 2,960 | 0.01% | +2,960 |
| MARVELL TECHNOLOGY INC(MRVL)(Put) | 0 | 155,000 | +155,000 | 0 | 13,176 | — | +13,176 |
| GOLDMAN SACHS GROUP INC(GS)(Call) | 29,000 | 29,000 | 0 | 23,095 | 25,492 | — | +2,397 |
| BANK AMERICA CORP(Call) | 0 | 636,900 | +636,900 | 0 | 35,026 | — | +35,026 |
| CATERPILLAR INC(CAT)(Call) | 18,400 | 18,400 | 0 | 8,778 | 10,542 | — | +1,765 |
| APPLIED MATLS INC(Call) | 0 | 48,100 | +48,100 | 0 | 12,361 | — | +12,361 |
| OPTIMUM COMMUNICATIONS INC | 0 | 1,000,000 | +1,000,000 | 0 | 1,655 | 0.01% | +1,655 |
| MORGAN STANLEY(MS)(Call) | 0 | 83,600 | +83,600 | 0 | 14,844 | — | +14,844 |
| AMERICAN EXPRESS CO(AXP)(Put) | 0 | 28,500 | +28,500 | 0 | 10,546 | — | +10,546 |
| AMERICAN EXPRESS CO(AXP)(Call) | 0 | 28,500 | +28,500 | 0 | 10,546 | — | +10,546 |
| WELLS FARGO CO NEW(WFC)(Call) | 0 | 110,900 | +110,900 | 0 | 10,340 | — | +10,340 |
| WELLS FARGO CO NEW(WFC)(Put) | 0 | 110,900 | +110,900 | 0 | 10,340 | — | +10,340 |
| RTX CORPORATION(RTX)(Call) | 0 | 61,500 | +61,500 | 0 | 11,282 | — | +11,282 |
| BANK AMERICA CORP(Put) | 0 | 528,900 | +528,900 | 0 | 29,087 | — | +29,087 |
| PG&E CORP(PCG) | 0 | 0 | 0 | 15,199 | 15,446 | 0.06% | +248 |
| JPMORGAN CHASE & CO.(JPM)(Call) | 0 | 15,000 | +15,000 | 0 | 4,835 | — | +4,835 |
| JPMORGAN CHASE & CO.(JPM)(Put) | 15,000 | 15,000 | 0 | 4,731 | 4,835 | — | +104 |