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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | Alibaba Group Holding Ltd | $85.61B | 72500000 | 45.18% |
| 2 | Lithium Argentina AG | $31.27B | 31509000 | 16.50% |
| 3 | McEwen Inc | $19.24B | 10000000 | 10.15% |
| 4 | iShares iBoxx $ High Yield Corporate Bond ETF | $15.90B | 198841 | 8.39% |
| 5 | Ramaco Resources Inc | $14.78B | 20000000 | 7.80% |
| 6 | Celcuity Inc | $4.51B | 2000000 | 2.38% |
| 7 | HIVE Digital Technologies Ltd | $3.64B | 1000000 | 1.92% |
| 8 | Hudbay Minerals Inc | $2.65B | 112352 | 1.40% |
| 9 | Cameco Corp | $2.25B | 22115 | 1.19% |
| 10 | USA Rare Earth Inc | $2.11B | 97900 | 1.11% |
| 11 | Arrowhead Pharmaceuticals Inc | $1.81B | 1500000 | 0.95% |
| 12 | Uranium Energy Corp | $1.52B | 142616 | 0.80% |
| 13 | IsoEnergy Ltd (Pre-Reincorporation) | $1.50B | 150700 | 0.79% |
| 14 | Nexgen Energy Ltd | $1.24B | 131787 | 0.65% |
| 15 | Blue Moon Metals Inc | $816.6M | 128800 | 0.43% |
| 16 | Blue Moon Metals Inc | $634.0M | 100000 | 0.33% |
| 17 | Diana Shipping IncCALL | $8.9M | 59502 | 0.00% |
| 18 | Core Scientific IncCALL | $19K | 1 | 0.00% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.