Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q1 2025 ▲▼ | Q2 2025 ▲▼ | Change ▲▼ | Q1 2025 ▲▼ | Q2 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| ISHARES TR(Put) | 0 | 3,000,000 | +3,000,000 | 0 | 647,370 | — | +647,370 |
| TALEN ENERGY CORP(TLN) | 40,776 | 542,743 | +501,967 | 6,833 | 157,813 | 21.89% | +150,980 |
| TELEPHONE & DATA SYS INC(TDS) | 0 | 3,392,500 | +3,392,500 | 0 | 120,705 | 16.74% | +120,705 |
| EXPAND ENERGY CORPORATION(EXE) | 0 | 456,802 | +456,802 | 0 | 49,271 | 6.83% | +49,271 |
| BROOKDALE SR LIVING INC(BKD) | 0 | 6,902,737 | +6,902,737 | 0 | 48,043 | 6.66% | +48,043 |
| CENTURI HOLDINGS INC(CTRI) | 0 | 1,353,425 | +1,353,425 | 0 | 30,371 | 4.21% | +30,371 |
| SPHERE ENTERTAINMENT CO(SPHR) | 0 | 20,200,000 | +20,200,000 | 0 | 28,452 | 3.95% | +28,452 |
| GEO GROUP INC NEW(GEO)(Call) | 0 | 1,000,000 | +1,000,000 | 0 | 23,950 | — | +23,950 |
| TRANSOCEAN INC | 0 | 23,625,000 | +23,625,000 | 0 | 23,581 | 3.27% | +23,581 |
| GEO GROUP INC NEW(GEO) | 1,000,000 | 2,232,854 | +1,232,854 | 35,860 | 53,477 | 7.42% | +17,617 |
| GLOBAL BUSINESS TRAVEL GROUP(GBTG) | 0 | 2,611,864 | +2,611,864 | 0 | 16,455 | 2.28% | +16,455 |
| CANNAE HLDGS INC | 3,015,647 | 3,189,027 | +173,380 | 55,277 | 66,491 | 9.22% | +11,214 |
| CAMDEN PPTY TR(CPT) | 0 | 95,936 | +95,936 | 0 | 10,811 | 1.50% | +10,811 |
| UDR INC(UDR) | 0 | 258,116 | +258,116 | 0 | 10,539 | 1.46% | +10,539 |
| CAESARS ENTERTAINMENT INC NE(CZR) | 0 | 248,173 | +248,173 | 0 | 7,046 | 0.98% | +7,046 |
| COMMSCOPE HLDG CO INC(VISN) | 1,090,051 | 1,479,923 | +389,872 | 5,788 | 12,254 | 1.70% | +6,466 |
| SINCLAIR INC(SBGI) | 0 | 467,513 | +467,513 | 0 | 6,461 | 0.90% | +6,461 |
| MID-AMER APT CMNTYS INC(MAA) | 0 | 43,184 | +43,184 | 0 | 6,392 | 0.89% | +6,392 |
| ESSEX PPTY TR INC(ESS) | 0 | 21,947 | +21,947 | 0 | 6,220 | 0.86% | +6,220 |
| DIVERSIFIED HEALTHCARE TR(DHC) | 0 | 1,618,448 | +1,618,448 | 0 | 5,794 | 0.80% | +5,794 |
| VIASAT INC(VSAT)(Call) | 650,000 | 650,000 | 0 | 6,773 | 9,490 | — | +2,717 |
| VALARIS LTD(VAL) | 0 | 687,260 | +687,260 | 0 | 2,653 | 0.37% | +2,653 |
| ECHOSTAR CORP(ECHO) | 22,254,204 | 22,728,496 | +474,292 | 24,871 | 26,633 | 3.69% | +1,762 |
| BROOKDALE SR LIVING INC(BKD) | 2,000,000 | 2,000,000 | 0 | 2,018 | 2,098 | 0.29% | +80 |
| AVALONBAY CMNTYS INC | 48,185 | 51,047 | +2,862 | 10,341 | 10,388 | 1.44% | +47 |
| EQUITY RESIDENTIAL(EQR) | 144,001 | 152,549 | +8,548 | 10,308 | 10,296 | 1.43% | -12 |
| VALARIS LTD(BKD) | 687,260 | 0 | -687,260 | 3,498 | 0 | — | -3,498 |
| LUMEN TECHNOLOGIES INC(TDS) | 1,000,000 | 0 | -1,000,000 | 3,920 | 0 | — | -3,920 |
| DIVERSIFIED HEALTHCARE TR(ESS) | 2,124,704 | 0 | -2,124,704 | 5,099 | 0 | — | -5,099 |
| CAESARS ENTERTAINMENT INC NE(DHC) | 235,000 | 0 | -235,000 | 5,875 | 0 | — | -5,875 |
| ALTICE USA INC | 5,638,859 | 4,053,609 | -1,585,250 | 14,999 | 8,675 | 1.20% | -6,324 |
| ESSEX PPTY TR INC(EXE) | 20,724 | 0 | -20,724 | 6,353 | 0 | — | -6,353 |
| SINCLAIR INC(VSAT) | 454,398 | 0 | -454,398 | 7,239 | 0 | — | -7,239 |
| ECHOSTAR CORP(UDR) | 427,500 | 0 | -427,500 | 10,935 | 0 | — | -10,935 |
| UDR INC | 243,655 | 0 | -243,655 | 11,006 | 0 | — | -11,006 |
| CAMDEN PPTY TR(CTRI) | 90,558 | 0 | -90,558 | 11,075 | 0 | — | -11,075 |
| KOHLS CORP(KSS)(Put) | 1,600,000 | 0 | -1,600,000 | 13,088 | 0 | — | -13,088 |
| SPHERE ENTERTAINMENT CO(MAA) | 12,300,000 | 0 | -12,300,000 | 14,817 | 0 | — | -14,817 |
| GLOBAL BUSINESS TRAVEL GROUP(SPHR) | 2,461,182 | 0 | -2,461,182 | 17,868 | 0 | — | -17,868 |
| CENTURI HOLDINGS INC(CZR) | 1,285,724 | 0 | -1,285,724 | 21,073 | 0 | — | -21,073 |
| TRANSOCEAN INC(VAL) | 23,625,000 | 0 | -23,625,000 | 23,861 | 0 | — | -23,861 |
| BROOKDALE SR LIVING INC(CPT) | 3,949,011 | 0 | -3,949,011 | 24,721 | 0 | — | -24,721 |
| ISHARES TR(Call) | 300,000 | 0 | -300,000 | 28,563 | 0 | — | -28,563 |
| EXPAND ENERGY CORPORATION(SBGI) | 456,802 | 0 | -456,802 | 45,712 | 0 | — | -45,712 |
| GEO GROUP INC NEW(GBTG) | 1,682,104 | 0 | -1,682,104 | 49,134 | 0 | — | -49,134 |
| TALEN ENERGY CORP | 400,000 | 0 | -400,000 | 79,868 | 0 | — | -79,868 |
| TELEPHONE & DATA SYS INC(GEO) | 2,867,186 | 0 | -2,867,186 | 111,075 | 0 | — | -111,075 |
| SPDR S&P 500 ETF TR(SPY)(Call) | 2,000,000 | 0 | -2,000,000 | 1,118,780 | 0 | — | -1,118,780 |