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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | iShares MSCI Canada ETFPUT | $82.2M | 1500000 | 7.21% |
| 2 | Lionsgate Studios Corp | $58.4M | 6092254 | 5.13% |
| 3 | AdvisorShares Pure US Cannabis ETF | $58.0M | 16330922 | 5.09% |
| 4 | KraneShares CSI China Internet ETFCALL | $46.6M | 1638900 | 4.09% |
| 5 | Match Group Inc | $41.7M | 1357879 | 3.66% |
| 6 | NVIDIA CORP | $40.1M | 229890 | 3.52% |
| 7 | SEALSQ Corp | $32.6M | 12457698 | 2.86% |
| 8 | SPS Commerce Inc | $32.0M | 575000 | 2.81% |
| 9 | Five9 Inc | $31.7M | 2086675 | 2.78% |
| 10 | Alphabet IncCALL | $31.6M | 110000 | 2.77% |
| 11 | New America Acquisition I Corp | $30.8M | 2968491 | 2.70% |
| 12 | State Street Energy Select Sector SPDR ETFPUT | $30.6M | 500000 | 2.69% |
| 13 | FutureCrest Acquisition Corp | $26.4M | 2588965 | 2.31% |
| 14 | State Street SPDR S&P 500 ETF TrustPUT | $26.0M | 40000 | 2.28% |
| 15 | iShares 20 Year Treasury Bond ETFCALL | $26.0M | 300000 | 2.28% |
| 16 | Blue Water Acquisition Corp III | $25.5M | 2485000 | 2.24% |
| 17 | MOZAYYX Acquisition Corp | $24.4M | 2450000 | 2.14% |
| 18 | VanEck Junior Gold Miners ETFPUT | $24.0M | 200000 | 2.11% |
| 19 | Texas Ventures Acquisition III Corp | $22.9M | 2199942 | 2.01% |
| 20 | Cantor Equity Partners I Inc | $21.4M | 2039750 | 1.88% |
| 21 | Venu Holding Corp | $18.2M | 5508548 | 1.60% |
| 22 | LOVESAC CO/THE | $17.5M | 1183986 | 1.53% |
| 23 | TESLA, INC. | $16.1M | 43184 | 1.41% |
| 24 | Imperial Petroleum Inc | $14.8M | 3466680 | 1.30% |
| 25 | Churchill Capital Corp XI | $13.3M | 1300974 | 1.17% |
| 26 | Blue Water Acquisition Corp III | $13.0M | 1261031 | 1.14% |
| 27 | BCE IncCALL | $12.6M | 500000 | 1.11% |
| 28 | Osisko Development Corp | $12.6M | 3862208 | 1.10% |
| 29 | Galaxy Digital Inc | $11.1M | 600000 | 0.97% |
| 30 | Globalstar Inc | $10.5M | 158179 | 0.92% |
| 31 | Sprott Physical Silver Trust | $9.9M | 406900 | 0.87% |
| 32 | Texas Ventures Acquisition III Corp | $8.8M | 845600 | 0.77% |
| 33 | Invesco QQQ Trust Series 1PUT | $8.7M | 15000 | 0.76% |
| 34 | Twenty One Capital Inc | $8.1M | 1271500 | 0.71% |
| 35 | Global X Cybersecurity ETFCALL | $7.5M | 300000 | 0.66% |
| 36 | CAE Inc | $7.3M | 280000 | 0.64% |
| 37 | Globalstar IncCALL | $6.6M | 100000 | 0.58% |
| 38 | Trump Media & Technology Group Corp | $6.6M | 710986 | 0.58% |
| 39 | PROLOGIS INC | $6.4M | 48050 | 0.56% |
| 40 | Public Storage | $6.3M | 23100 | 0.55% |
| 41 | Weyerhaeuser CoCALL | $6.1M | 250000 | 0.54% |
| 42 | VanEck Semiconductor ETFPUT | $5.8M | 15000 | 0.50% |
| 43 | Super Group SGHC Ltd | $5.7M | 531214 | 0.50% |
| 44 | Meta Platforms IncCALL | $5.7M | 10000 | 0.50% |
| 45 | Realty Income Corp | $5.6M | 91900 | 0.49% |
| 46 | SPS Commerce IncCALL | $5.6M | 100000 | 0.49% |
| 47 | CBRE Group Inc | $5.6M | 41070 | 0.49% |
| 48 | Microsoft CorporationCALL | $5.6M | 15000 | 0.49% |
| 49 | CARVANA CO | $5.0M | 16000 | 0.44% |
| 50 | SIMON PROPERTY GROUP INC | $4.9M | 26100 | 0.43% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.