Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| ISHARES TR(Put) | 0 | 11,645,100 | +11,645,100 | 0 | 938,944 | — | +938,944 |
| ISHARES TR | 991,156 | 1,685,361 | +694,205 | 663,381 | 1,154,371 | 11.27% | +490,990 |
| ISHARES TR(Call) | 2,316,700 | 5,826,900 | +3,510,200 | 207,043 | 507,873 | — | +300,829 |
| ISHARES TR(Put) | 275,000 | 1,300,000 | +1,025,000 | 66,539 | 320,008 | — | +253,469 |
| SPDR SERIES TRUST(Put) ST STR SP REGBNK | 0 | 3,593,100 | +3,593,100 | 0 | 232,869 | — | +232,869 |
| SPDR S&P 500 ETF TR(SPY) | 0 | 320,524 | +320,524 | 0 | 218,572 | 2.13% | +218,572 |
| BOEING CO(BA)(Call) | 0 | 1,000,000 | +1,000,000 | 0 | 217,120 | — | +217,120 |
| SELECT SECTOR SPDR TR(Put) ST STR FINL ETF | 0 | 3,744,100 | +3,744,100 | 0 | 205,064 | — | +205,064 |
| SELECT SECTOR SPDR TR(Put) ST STR TECHN ETF | 0 | 1,230,200 | +1,230,200 | 0 | 177,112 | — | +177,112 |
| VANECK ETF TRUST(Put) JUNIOR GOLD MINE | 0 | 1,349,600 | +1,349,600 | 0 | 153,557 | — | +153,557 |
| BROADCOM INC(AVGO) | 0 | 383,882 | +383,882 | 0 | 132,862 | 1.30% | +132,862 |
| HOME DEPOT INC(HD) | 0 | 351,833 | +351,833 | 0 | 121,066 | 1.18% | +121,066 |
| VANECK ETF TRUST(Put) GOLD MINERS ETF | 2,835,000 | 3,930,700 | +1,095,700 | 216,594 | 337,136 | — | +120,542 |
| SELECT SECTOR SPDR TR(Put) ST STR ENERG ETF | 0 | 2,545,000 | +2,545,000 | 0 | 113,787 | — | +113,787 |
| BOEING CO(BA) | 202,828 | 689,524 | +486,696 | 43,776 | 149,709 | 1.46% | +105,933 |
| AMAZON COM INC(AMZN) | 0 | 520,960 | +520,960 | 0 | 120,248 | 1.17% | +120,248 |
| ALPHABET INC(GOOG) | 0 | 349,144 | +349,144 | 0 | 109,282 | 1.07% | +109,282 |
| SELECT SECTOR SPDR TR(Call) ST STR INDL ETF | 0 | 552,500 | +552,500 | 0 | 85,704 | — | +85,704 |
| VANECK ETF TRUST(Call) JUNIOR GOLD MINE | 0 | 692,300 | +692,300 | 0 | 78,770 | — | +78,770 |
| ATI INC(ATI) | 0 | 665,276 | +665,276 | 0 | 76,347 | 0.75% | +76,347 |
| CATERPILLAR INC(CAT)(Call) | 0 | 127,500 | +127,500 | 0 | 73,041 | — | +73,041 |
| SELECT SECTOR SPDR TR(Put) ST STR CARE ETF | 0 | 450,000 | +450,000 | 0 | 69,660 | — | +69,660 |
| ALIBABA GROUP HLDG LTD(BABA)(Put) | 0 | 463,000 | +463,000 | 0 | 67,867 | — | +67,867 |
| CSX CORP(CSX) | 1,419,435 | 3,224,264 | +1,804,829 | 50,404 | 116,880 | 1.14% | +66,475 |
| CATERPILLAR INC(CAT)(Put) | 0 | 115,000 | +115,000 | 0 | 65,880 | — | +65,880 |
| WILLIAMS COS INC(WMB) | 0 | 1,241,031 | +1,241,031 | 0 | 74,598 | 0.73% | +74,598 |
| HOWMET AEROSPACE INC(HWM) | 0 | 308,381 | +308,381 | 0 | 63,224 | 0.62% | +63,224 |
| MICRON TECHNOLOGY INC(MU)(Put) | 0 | 218,500 | +218,500 | 0 | 62,362 | — | +62,362 |
| BIOGEN INC(BIIB) | 0 | 353,173 | +353,173 | 0 | 62,155 | 0.61% | +62,155 |
| PACKAGING CORP AMER(PKG) | 0 | 295,834 | +295,834 | 0 | 61,010 | 0.60% | +61,010 |
| SPDR SERIES TRUST(Call) ST STR SP BIOT | 0 | 500,000 | +500,000 | 0 | 60,965 | — | +60,965 |
| AMERICAN INTL GROUP INC | 0 | 685,948 | +685,948 | 0 | 58,683 | 0.57% | +58,683 |
| MERCK & CO INC(MRK) | 0 | 605,675 | +605,675 | 0 | 63,753 | 0.62% | +63,753 |
| VANECK ETF TRUST JUNIOR GOLD MINE | 0 | 510,001 | +510,001 | 0 | 58,028 | 0.57% | +58,028 |
| SELECT SECTOR SPDR TR(Put) ST STR INDL ETF | 0 | 350,000 | +350,000 | 0 | 54,292 | — | +54,292 |
| GENUINE PARTS CO(GPC) | 0 | 437,395 | +437,395 | 0 | 53,782 | 0.53% | +53,782 |
| ALASKA AIR GROUP INC | 0 | 1,067,255 | +1,067,255 | 0 | 53,683 | 0.52% | +53,683 |
| BROADCOM INC(AVGO)(Call) | 0 | 150,000 | +150,000 | 0 | 51,915 | — | +51,915 |
| SPDR SERIES TRUST(Call) ST STR SP HOME | 0 | 500,000 | +500,000 | 0 | 51,480 | — | +51,480 |
| HUBSPOT INC(HUBS) | 43,769 | 178,865 | +135,096 | 20,475 | 71,779 | 0.70% | +51,303 |
| SCHWAB CHARLES CORP(SCHW) | 0 | 650,757 | +650,757 | 0 | 65,017 | 0.63% | +65,017 |
| LIVE NATION ENTERTAINMENT IN(LYV) | 0 | 0 | 0 | 0 | 50,248 | 0.49% | +50,248 |
| BLACKSTONE INC(BX) | 0 | 376,583 | +376,583 | 0 | 58,047 | 0.57% | +58,047 |
| PENUMBRA INC(PEN) | 0 | 183,024 | +183,024 | 0 | 56,904 | 0.56% | +56,904 |
| FORTINET INC(FTNT) | 0 | 612,563 | +612,563 | 0 | 48,644 | 0.48% | +48,644 |
| INVESCO QQQ TR(Put) | 0 | 77,500 | +77,500 | 0 | 47,609 | — | +47,609 |
| ISHARES TR(Put) | 894,400 | 1,462,300 | +567,900 | 79,933 | 127,454 | — | +47,522 |
| ARGENX SE(ARGX) | 0 | 58,250 | +58,250 | 0 | 48,985 | 0.48% | +48,985 |
| SELECT SECTOR SPDR TR(Call) ST STR CARE ETF | 0 | 300,000 | +300,000 | 0 | 46,440 | — | +46,440 |
| LPL FINL HLDGS INC(LPLA) | 0 | 131,527 | +131,527 | 0 | 46,977 | 0.46% | +46,977 |
| ALPHABET INC(GOOG)(Put) | 338,100 | 408,900 | +70,800 | 82,192 | 127,986 | — | +45,794 |
| TRAVELERS COMPANIES INC(TRV) | 0 | 157,724 | +157,724 | 0 | 45,749 | 0.45% | +45,749 |
| INTERCONTINENTAL EXCHANGE IN(ICE) | 0 | 284,347 | +284,347 | 0 | 46,053 | 0.45% | +46,053 |
| SPOTIFY TECHNOLOGY S A(SPOT) | 0 | 94,068 | +94,068 | 0 | 54,626 | 0.53% | +54,626 |
| SELECT SECTOR SPDR TR(Call) ST STR TECHN ETF | 0 | 300,000 | +300,000 | 0 | 43,191 | — | +43,191 |
| AMAZON COM INC(AMZN)(Put) | 0 | 185,300 | +185,300 | 0 | 42,771 | — | +42,771 |
| UNITED RENTALS INC(URI) | 0 | 52,801 | +52,801 | 0 | 42,733 | 0.42% | +42,733 |
| ORACLE CORP(ORCL)(Put) | 0 | 217,500 | +217,500 | 0 | 42,393 | — | +42,393 |
| GRAB HOLDINGS LIMITED CLASS A ORD | 0 | 8,212,301 | +8,212,301 | 0 | 40,979 | 0.40% | +40,979 |
| APPLE INC(AAPL) | 0 | 188,258 | +188,258 | 0 | 51,180 | 0.50% | +51,180 |
| BROADCOM INC(AVGO)(Put) | 0 | 116,900 | +116,900 | 0 | 40,459 | — | +40,459 |
| ENTREPRENEURSHARES SERIES TR | 0 | 2,000,000 | +2,000,000 | 0 | 40,280 | 0.39% | +40,280 |
| LUMENTUM HLDGS INC(LITE) | 0 | 0 | 0 | 0 | 39,487 | 0.39% | +39,487 |
| SYLVAMO CORP(SLVM) | 0 | 811,467 | +811,467 | 0 | 39,072 | 0.38% | +39,072 |
| ASCENDIS PHARMA A/S(ASND) | 0 | 216,526 | +216,526 | 0 | 46,172 | 0.45% | +46,172 |
| UGI CORP NEW(UGI) | 0 | 0 | 0 | 0 | 38,993 | 0.38% | +38,993 |
| SNOWFLAKE INC(SNOW) | 0 | 0 | 0 | 0 | 38,758 | 0.38% | +38,758 |
| JOHNSON CTLS INTL PLC SHS | 0 | 322,348 | +322,348 | 0 | 38,601 | 0.38% | +38,601 |
| SELECT SECTOR SPDR TR(Call) ST STR FINL ETF | 0 | 700,000 | +700,000 | 0 | 38,339 | — | +38,339 |
| ELEMENT SOLUTIONS INC(ESI) | 0 | 2,127,297 | +2,127,297 | 0 | 53,161 | 0.52% | +53,161 |
| ISHARES INC(Put) | 0 | 875,000 | +875,000 | 0 | 47,189 | — | +47,189 |
| RALLIANT CORP(RAL) | 0 | 727,254 | +727,254 | 0 | 37,025 | 0.36% | +37,025 |
| COMMVAULT SYS INC(CVLT) | 0 | 316,117 | +316,117 | 0 | 39,628 | 0.39% | +39,628 |
| KLA CORP(KLAC)(Call) | 0 | 30,000 | +30,000 | 0 | 36,452 | — | +36,452 |
| KLA CORP(KLAC)(Put) | 0 | 30,000 | +30,000 | 0 | 36,452 | — | +36,452 |
| SEA LTD(SE) | 0 | 313,087 | +313,087 | 0 | 39,941 | 0.39% | +39,941 |
| BROADRIDGE FINL SOLUTIONS IN(BR) | 0 | 155,182 | +155,182 | 0 | 34,632 | 0.34% | +34,632 |
| ISHARES TR(Put) | 0 | 600,000 | +600,000 | 0 | 57,618 | — | +57,618 |
| VANECK ETF TRUST(Call) SEMICONDUCTR ETF | 0 | 95,000 | +95,000 | 0 | 34,212 | — | +34,212 |
| MICRON TECHNOLOGY INC(MU) | 0 | 180,893 | +180,893 | 0 | 51,629 | 0.50% | +51,629 |
| EMERSON ELEC CO(EMR) | 0 | 251,147 | +251,147 | 0 | 33,332 | 0.33% | +33,332 |
| HALOZYME THERAPEUTICS INC(HALO) | 0 | 0 | 0 | 0 | 33,228 | 0.32% | +33,228 |
| AMPHENOL CORP NEW | 0 | 259,509 | +259,509 | 0 | 35,070 | 0.34% | +35,070 |
| LULULEMON ATHLETICA INC(LULU) | 0 | 172,474 | +172,474 | 0 | 35,842 | 0.35% | +35,842 |
| STRATEGY INC(MSTR) | 0 | 0 | 0 | 0 | 31,753 | 0.31% | +31,753 |
| ADVANCED MICRO DEVICES INC(AMD)(Put) | 122,000 | 236,700 | +114,700 | 19,738 | 50,692 | — | +30,953 |
| MADRIGAL PHARMACEUTICALS INC(MDGL) | 0 | 52,721 | +52,721 | 0 | 30,702 | 0.30% | +30,702 |
| SPDR SERIES TRUST ST STR SP BIOT | 0 | 249,894 | +249,894 | 0 | 30,470 | 0.30% | +30,470 |
| HILTON WORLDWIDE HLDGS INC(HLT) | 0 | 113,973 | +113,973 | 0 | 32,739 | 0.32% | +32,739 |
| ON SEMICONDUCTOR CORP(ON) | 0 | 0 | 0 | 0 | 29,886 | 0.29% | +29,886 |
| FIDELITY NATL INFORMATION SV(FIS) | 0 | 575,358 | +575,358 | 0 | 38,238 | 0.37% | +38,238 |
| DOVER CORP(DOV) | 0 | 150,986 | +150,986 | 0 | 29,479 | 0.29% | +29,479 |
| CREDO TECHNOLOGY GROUP HOLDI ORDINARY SHARES | 0 | 227,555 | +227,555 | 0 | 32,743 | 0.32% | +32,743 |
| FEDEX CORP(FDX) | 0 | 107,574 | +107,574 | 0 | 31,074 | 0.30% | +31,074 |
| FASTENAL CO(FAST) | 0 | 702,659 | +702,659 | 0 | 28,198 | 0.28% | +28,198 |
| MARVELL TECHNOLOGY INC(MRVL) | 443,538 | 770,004 | +326,466 | 37,288 | 65,435 | 0.64% | +28,147 |
| MOTOROLA SOLUTIONS INC(MSI) | 0 | 73,385 | +73,385 | 0 | 28,130 | 0.27% | +28,130 |
| BOOKING HOLDINGS INC(BKNG) | 0 | 5,226 | +5,226 | 0 | 27,987 | 0.27% | +27,987 |
| ANGLOGOLD ASHANTI PLC(AU)(Put) | 1,500,000 | 1,555,000 | +55,000 | 105,495 | 132,610 | — | +27,115 |
| MICROSOFT CORP(MSFT) | 54,215 | 113,998 | +59,783 | 28,081 | 55,132 | 0.54% | +27,051 |