Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q4 2024 ▲▼ | Q1 2025 ▲▼ | Change ▲▼ | Q4 2024 ▲▼ | Q1 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| PHILLIPS 66(PSX) | 775,000 | 15,725,000 | +14,950,000 | 88,296 | 1,941,723 | 17.53% | +1,853,427 |
| SELECT SECTOR SPDR TR(Put) ST STR INDL ETF | 3,000,000 | 12,500,000 | +9,500,000 | 395,280 | 1,638,375 | — | +1,243,095 |
| ISHARES TR(Put) | 0 | 5,500,000 | +5,500,000 | 0 | 1,034,880 | — | +1,034,880 |
| TRIPLE FLAG PRECIOUS METAL(TFPM) | 133,815,727 | 133,815,727 | 0 | 2,012,589 | 2,562,571 | 23.13% | +549,983 |
| SUNCOR ENERGY INC NEW(SU) | 52,670,800 | 52,670,800 | 0 | 1,879,294 | 2,039,413 | 18.41% | +160,119 |
| CISCO SYS INC(CSCO)(Put) | 0 | 2,000,000 | +2,000,000 | 0 | 123,420 | — | +123,420 |
| EQUINIX INC(EQIX) | 0 | 150,000 | +150,000 | 0 | 122,303 | 1.10% | +122,303 |
| ISHARES TR(Put) | 0 | 500,000 | +500,000 | 0 | 99,745 | — | +99,745 |
| VANECK ETF TRUST(Put) GOLD MINERS ETF | 0 | 2,000,000 | +2,000,000 | 0 | 91,940 | — | +91,940 |
| PINTEREST INC(PINS) | 28,000,000 | 28,000,000 | 0 | 812,000 | 868,000 | 7.83% | +56,000 |
| OSISKO GOLD ROYALTIES LTD | 0 | 2,180,151 | +2,180,151 | 0 | 46,045 | 0.42% | +46,045 |
| SANDISK CORP(SNDK) | 0 | 749,997 | +749,997 | 0 | 35,707 | 0.32% | +35,707 |
| MICROSTRATEGY INC(MSTR) | 0 | 0 | 0 | 0 | 32,750 | 0.30% | +32,750 |
| LIBERTY BROADBAND CORP(LBRDA) | 2,384,481 | 2,384,481 | 0 | 178,264 | 202,800 | 1.83% | +24,536 |
| SPDR SER TR(Put) SP O&G EXPL PRO | 394,200 | 557,200 | +163,000 | 52,180 | 73,389 | — | +21,209 |
| BIOMARIN PHARMACEUTICAL INC(BMRN) | 3,500,338 | 3,500,338 | 0 | 230,077 | 247,439 | 2.23% | +17,362 |
| CROWN CASTLE INC(CCI) | 1,225,000 | 1,225,000 | 0 | 111,181 | 127,682 | 1.15% | +16,501 |
| HOWMET AEROSPACE INC(HWM) | 100,000 | 100,000 | 0 | 10,937 | 12,973 | 0.12% | +2,036 |
| HDFC BANK LTD(HDB) | 670,215 | 670,215 | 0 | 42,800 | 44,529 | 0.40% | +1,729 |
| BAUSCH HEALTH COS INC | 11,500 | 0 | -11,500 | 93 | 0 | — | -93 |
| RAPID7 INC | 0 | 0 | 0 | 38,555 | 38,087 | 0.34% | -468 |
| WOLFSPEED INC(WOLF) | 0 | 0 | 0 | 3,571 | 1,820 | 0.02% | -1,751 |
| WOLFSPEED INC(WOLF) | 0 | 0 | 0 | 5,226 | 2,781 | 0.03% | -2,445 |
| WAYFAIR INC(W) | 0 | 0 | 0 | 19,182 | 16,014 | 0.14% | -3,169 |
| ICON PLC(ICLR)(Call) | 16,400 | 0 | -16,400 | 3,439 | 0 | — | -3,439 |
| ARM HOLDINGS PLC | 150,000 | 139,551 | -10,449 | 18,504 | 14,903 | 0.13% | -3,601 |
| TEXAS INSTRS INC(TXN)(Call) | 500,000 | 500,000 | 0 | 93,755 | 89,850 | — | -3,905 |
| HILTON WORLDWIDE HLDGS INC(HLT)(Put) | 200,000 | 200,000 | 0 | 49,432 | 45,510 | — | -3,922 |
| BOOKING HOLDINGS INC(BKNG) | 0 | 0 | 0 | 66,081 | 61,447 | 0.55% | -4,634 |
| UNITI GROUP INC | 10,120,963 | 10,120,963 | 0 | 55,665 | 51,010 | 0.46% | -4,656 |
| TRANSOCEAN LTD(RIG) | 11,870,319 | 11,870,319 | 0 | 44,514 | 37,629 | 0.34% | -6,885 |
| BLACKLINE INC(BL) | 0 | 0 | 0 | 11,297 | 4,314 | 0.04% | -6,983 |
| MARRIOTT INTL INC NEW(MAR)(Put) | 200,000 | 200,000 | 0 | 55,788 | 47,640 | — | -8,148 |
| CORMEDIX INC | 2,870,632 | 2,444,561 | -426,071 | 23,252 | 15,058 | 0.14% | -8,194 |
| SENSATA TECHNOLOGIES HLDG PL SHS | 3,250,000 | 3,250,000 | 0 | 89,050 | 78,878 | 0.71% | -10,172 |
| CONFLUENT INC | 0 | 0 | 0 | 11,254 | 0 | — | -11,254 |
| ON SEMICONDUCTOR CORP(ON) | 0 | 0 | 0 | 12,916 | 0 | — | -12,916 |
| RINGCENTRAL INC(RNG) | 0 | 0 | 0 | 16,744 | 0 | — | -16,744 |
| E2OPEN PARENT HOLDINGS INC | 27,250,000 | 27,250,000 | 0 | 72,485 | 54,500 | 0.49% | -17,985 |
| ETSY INC(ETSY) | 5,000,000 | 5,000,000 | 0 | 264,450 | 235,900 | 2.13% | -28,550 |
| MICROSTRATEGY INC(MSTR) | 0 | 0 | 0 | 31,038 | 0 | — | -31,038 |
| WESTERN DIGITAL CORP(WDC) | 2,250,000 | 2,250,000 | 0 | 134,168 | 90,968 | 0.82% | -43,200 |
| SEADRILL LTD(SDRL) | 3,703,746 | 3,703,746 | 0 | 144,187 | 92,594 | 0.84% | -51,593 |
| SPDR SER TR(Put) ST STR SP METAL | 2,700,000 | 1,350,000 | -1,350,000 | 153,225 | 75,587 | — | -77,638 |
| SOUTHWEST AIRLS CO(LUV) | 59,666,500 | 53,978,500 | -5,688,000 | 2,005,988 | 1,812,598 | 16.36% | -193,390 |
| NVIDIA CORPORATION(NVDA)(Put) | 1,450,000 | 0 | -1,450,000 | 194,721 | 0 | — | -194,720 |
| MATCH GROUP INC NEW(MTCH) | 12,054,832 | 6,000,000 | -6,054,832 | 394,314 | 187,200 | 1.69% | -207,114 |
| VANECK ETF TRUST(Put) OIL SERVICES ETF | 975,000 | 0 | -975,000 | 264,449 | 0 | — | -264,449 |
| INVESCO QQQ TR(Put) | 2,112,500 | 1,612,500 | -500,000 | 1,079,973 | 756,134 | — | -323,840 |
| SELECT SECTOR SPDR TR(Put) ST STR FINL ETF | 7,000,000 | 0 | -7,000,000 | 338,310 | 0 | — | -338,310 |
| NRG ENERGY INC(NRG) | 4,800,000 | 0 | -4,800,000 | 433,056 | 0 | — | -433,056 |
| SELECT SECTOR SPDR TR(Put) ST STR ENERG ETF | 6,006,000 | 0 | -6,006,000 | 514,474 | 0 | — | -514,474 |
| SPDR S&P 500 ETF TR(SPY)(Put) | 7,200,000 | 0 | -7,200,000 | 4,219,776 | 0 | — | -4,219,776 |