Q4 2025 · 13F-HR
Massar Capital Management, LPholdings as filed
Filed 2026-02-17 · accession 0002037238-26-000001
$931.8M
Reported value
317
Positions
2025-12-31
Period end
The Brief · Massar Capital Management, LP · Q4 2025
AI · grounded in 13F
Massar Capital Management, LP established a new position in TLT worth $54.6M. The fund also opened new stakes in GLD for $29.9M and ORCL for $24.2M. On the sell side, the manager trimmed its holdings in UPS by 83.8% and QQQ by 30.2%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $52.2M | 5.61% | 356,393 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $45.2M | 4.85% | 73,500 | CALL | SOLE |
| 852234103 | XYZ | BLOCK INC | $29.7M | 3.19% | 456,500 | PUT | SOLE |
| 852234103 | XYZ | BLOCK INC | $29.7M | 3.19% | 456,500 | CALL | SOLE |
| 464287432 | TLT | ISHARES TR | $29.4M | 3.15% | 337,000 | CALL | SOLE |
| 464287432 | TLT | ISHARES TR | $25.3M | 2.71% | 290,000 | PUT | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $24.2M | 2.60% | 124,257 | Common | SOLE |
| 852234103 | XYZ | BLOCK INC | $22.9M | 2.46% | 351,504 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $22.6M | 2.42% | 57,000 | PUT | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $19.2M | 2.07% | 1,321,600 | CALL | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $18.8M | 2.01% | 27,500 | PUT | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $17.8M | 1.91% | 1,221,600 | PUT | SOLE |
| 464286400 | EWZ | ISHARES INC | $17.0M | 1.82% | 535,000 | Common | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $16.7M | 1.80% | 74,027 | Common | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $16.7M | 1.79% | 73,900 | PUT | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $16.7M | 1.79% | 73,900 | CALL | SOLE |
| 565788106 | MARA | MARA HOLDINGS INC | $16.4M | 1.76% | 1,831,100 | CALL | SOLE |
| 565788106 | MARA | MARA HOLDINGS INC | $16.4M | 1.76% | 1,831,100 | PUT | SOLE |
| 594972408 | MSTR | STRATEGY INC | $15.9M | 1.70% | 104,500 | PUT | SOLE |
| 594972408 | MSTR | STRATEGY INC | $15.9M | 1.70% | 104,500 | CALL | SOLE |
| 594972408 | MSTR | STRATEGY INC | $15.4M | 1.65% | 101,139 | Common | SOLE |
| 565788106 | MARA | MARA HOLDINGS INC | $14.7M | 1.57% | 1,632,806 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $13.2M | 1.42% | 109,600 | PUT | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $13.2M | 1.42% | 15,000 | PUT | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $13.1M | 1.41% | 40,800 | PUT | SOLE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $12.5M | 1.34% | 42,200 | PUT | SOLE |
| 037833100 | AAPL | APPLE INC | $12.5M | 1.34% | 45,800 | PUT | SOLE |
| 931142103 | WMT | WALMART INC | $12.4M | 1.33% | 111,300 | PUT | SOLE |
| 81369Y886 | XLU | SELECT SECTOR SPDR TR | $12.3M | 1.32% | 288,468 | Common | SOLE |
| 38964R203 | ETH | GRAYSCALE ETHEREUM MINI TR E | $10.0M | 1.07% | 356,825 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $7.3M | 0.79% | 18,500 | CALL | SOLE |
| 553368101 | MP | MP MATERIALS CORP | $7.1M | 0.76% | 140,800 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $7.0M | 0.75% | 30,291 | Common | SOLE |
| 86562M209 | SMFG | SUMITOMO MITSUI FINL GROUP I | $6.2M | 0.66% | 320,000 | Common | SOLE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $5.8M | 0.62% | 58,000 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $5.3M | 0.57% | 27,219 | Common | SOLE |
| 46138E628 | KBWB | INVESCO EXCH TRADED FD TR II | $5.1M | 0.55% | 61,062 | Common | SOLE |
| 550021109 | LULU | LULULEMON ATHLETICA INC | $4.9M | 0.53% | 23,697 | Common | SOLE |
| 60687Y109 | MFG | MIZUHO FINANCIAL GROUP INC | $4.8M | 0.51% | 650,000 | Common | SOLE |
| 88262P102 | TPL | TEXAS PACIFIC LAND CORPORATI | $4.7M | 0.50% | 16,260 | Common | SOLE |
| 606822104 | MUFG | MITSUBISHI UFJ FINL GROUP IN | $4.4M | 0.48% | 280,000 | Common | SOLE |
| 464287465 | EFA | ISHARES TR | $4.3M | 0.46% | 44,875 | Common | SOLE |
| 37954Y871 | URA | GLOBAL X FDS | $4.2M | 0.45% | 97,500 | Common | SOLE |
| 74762E102 | QURE | QUANTA SVCS INC | $3.9M | 0.42% | 9,305 | Common | SOLE |
| 337738108 | FISV | FISERV INC | $3.9M | 0.42% | 57,861 | Common | SOLE |
| G65431127 | NE | NOBLE CORP PLC | $3.5M | 0.38% | 123,960 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $3.5M | 0.37% | 1,715 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $3.3M | 0.35% | 28,847 | Common | SOLE |
| 296006109 | ERO | ERO COPPER CORP | $3.3M | 0.35% | 115,734 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $3.2M | 0.35% | 5,264 | Common | SOLE |
| 47215P106 | JD | JD.COM INC | $3.2M | 0.34% | 110,200 | Common | SOLE |
| 464286640 | ECH | ISHARES INC | $3.0M | 0.33% | 75,000 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $2.9M | 0.31% | 10,100 | Common | SOLE |
| G1110E107 | BHVN | BIOHAVEN LTD | $2.8M | 0.30% | 247,400 | Common | SOLE |
| 292671708 | UUUU | ENERGY FUELS INC | $2.8M | 0.30% | 192,020 | Common | SOLE |
| 87043Q108 | SG | SWEETGREEN INC | $2.8M | 0.30% | 411,000 | Common | SOLE |
| 679580100 | ODFL | OLD DOMINION FREIGHT LINE IN | $2.7M | 0.29% | 17,135 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $2.6M | 0.28% | 52,696 | Common | SOLE |
| 34379V103 | FLNC | FLUENCE ENERGY INC | $2.6M | 0.28% | 131,600 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $2.6M | 0.28% | 6,200 | CALL | SOLE |
| 458140100 | INTC | INTEL CORP | $2.5M | 0.27% | 68,885 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $2.5M | 0.27% | 8,000 | Common | SOLE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $2.5M | 0.27% | 30,950 | Common | SOLE |
| 48138M105 | JMIA | JUMIA TECHNOLOGIES AG | $2.5M | 0.27% | 198,495 | Common | SOLE |
| 18507C103 | CLPT | CLEARPOINT NEURO INC | $2.4M | 0.26% | 176,228 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $2.4M | 0.26% | 9,767 | Common | SOLE |
| 37637K108 | GTLB | GITLAB INC | $2.4M | 0.26% | 63,830 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $2.3M | 0.25% | 120,756 | Common | SOLE |
| 781154109 | RBRK | RUBRIK INC. | $2.3M | 0.25% | 30,175 | Common | SOLE |
| 81684M104 | SMLR | SEMLER SCIENTIFIC INC | $2.3M | 0.25% | 150,000 | Common | SOLE |
| 219350105 | GLW | CORNING INC | $2.3M | 0.24% | 25,942 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $2.3M | 0.24% | 3,410 | Common | SOLE |
| 00108J109 | ACMR | ACM RESH INC | $2.1M | 0.23% | 54,135 | Common | SOLE |
| 46138E354 | SPLV | INVESCO EXCH TRADED FD TR II | $2.1M | 0.23% | 29,853 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $2.1M | 0.22% | 38,532 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $2.0M | 0.21% | 25,360 | Common | SOLE |
| G7490F101 | RTAC | RENATUS TACTICAL ACQUIS | $1.9M | 0.21% | 181,584 | Common | SOLE |
| 49338L103 | KEYS | KEYSIGHT TECHNOLOGIES INC | $1.9M | 0.21% | 9,495 | Common | SOLE |
| 056752108 | BIDU | BAIDU INC | $1.8M | 0.20% | 14,139 | Common | SOLE |
| G1051H101 | TACO | BERTO ACQUISITION CORP | $1.8M | 0.20% | 180,000 | Common | SOLE |
| 445658107 | JBHT | HUNT J B TRANS SVCS INC | $1.8M | 0.20% | 9,359 | Common | SOLE |
| G0273J101 | AEXA | AMERICAN EXCEPTIONALISM ACQU | $1.8M | 0.19% | 157,920 | Common | SOLE |
| 89346D107 | TAC | TRANSALTA CORP | $1.8M | 0.19% | 140,738 | Common | SOLE |
| 500767751 | KOID | KRANESHARES TRUST | $1.8M | 0.19% | 55,000 | Common | SOLE |
| 30049H102 | EVLV | EVOLV TECHNOLOGIES HLDNGS IN | $1.7M | 0.19% | 242,500 | Common | SOLE |
| 91702V101 | UROY | URANIUM RTY CORP | $1.7M | 0.18% | 473,110 | Common | SOLE |
| 36467J108 | GLPI | GAMING & LEISURE PPTYS INC | $1.7M | 0.18% | 37,251 | Common | SOLE |
| 40090E106 | CIB | GRUPO CIBEST SA | $1.7M | 0.18% | 26,000 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $1.7M | 0.18% | 57,268 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $1.6M | 0.17% | 15,434 | Common | SOLE |
| 399909100 | GGAL | GRUPO FINANCIERO GALICIA S.A | $1.6M | 0.17% | 30,000 | Common | SOLE |
| 406216101 | HAL | HALLIBURTON CO | $1.6M | 0.17% | 56,316 | Common | SOLE |
| 941848103 | WAT | WATERS CORP | $1.6M | 0.17% | 4,175 | Common | SOLE |
| 26614N102 | DD | DUPONT DE NEMOURS INC | $1.6M | 0.17% | 39,381 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $1.6M | 0.17% | 6,904 | Common | SOLE |
| 624756102 | MLI | MUELLER INDS INC | $1.6M | 0.17% | 13,727 | Common | SOLE |
| M87915274 | TSEM | TOWER SEMICONDUCTOR LTD | $1.6M | 0.17% | 13,334 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC | $1.6M | 0.17% | 4,768 | Common | SOLE |
| 30034W106 | EVRG | EVERGY INC | $1.6M | 0.17% | 21,493 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $1.6M | 0.17% | 22,261 | Common | SOLE |
| 315616102 | FFIV | F5 INC | $1.6M | 0.17% | 6,085 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $1.6M | 0.17% | 106,476 | Common | SOLE |
| 216648501 | COO | COOPER COS INC | $1.5M | 0.17% | 18,832 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $1.5M | 0.17% | 20,010 | Common | SOLE |
| 192446102 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $1.5M | 0.17% | 18,570 | Common | SOLE |
| 29414B104 | EPAM | EPAM SYS INC | $1.5M | 0.16% | 7,374 | Common | SOLE |
| 83089J108 | SKYT | SKYWATER TECHNOLOGY INC | $1.5M | 0.16% | 82,681 | Common | SOLE |
| 37954Y327 | COLO | GLOBAL X FDS | $1.4M | 0.15% | 40,000 | Common | SOLE |
| 68236X100 | TOI | THE ONCOLOGY INSTITUTE INC | $1.4M | 0.15% | 400,000 | Common | SOLE |
| 464287507 | IJH | ISHARES TR | $1.4M | 0.15% | 21,540 | Common | SOLE |
| 36162J106 | GEO | GEO GROUP INC NEW | $1.4M | 0.15% | 86,645 | Common | SOLE |
| 46578C108 | IE | IVANHOE ELECTRIC INC | $1.3M | 0.14% | 84,224 | Common | SOLE |
| 65473P105 | NI | NISOURCE INC | $1.3M | 0.14% | 32,205 | Common | SOLE |
| G98659108 | MCGAU | YORKVILLE ACQUISITION CORP. | $1.3M | 0.14% | 130,000 | Common | SOLE |
| 192422103 | CGNX | COGNEX CORP | $1.3M | 0.14% | 36,570 | Common | SOLE |
| 896945201 | TRIP | TRIPADVISOR INC | $1.3M | 0.14% | 90,000 | Common | SOLE |
| 018802108 | LNT | ALLIANT ENERGY CORP | $1.3M | 0.14% | 20,125 | Common | SOLE |
| 56035L104 | MAIN | MAIN STR CAP CORP | $1.3M | 0.14% | 21,364 | Common | SOLE |
| 81369Y852 | XLC | SELECT SECTOR SPDR TR | $1.3M | 0.14% | 10,844 | Common | SOLE |
| 36315X101 | LKFT | GALAPAGOS NV | $1.3M | 0.14% | 39,000 | Common | SOLE |
| 714266103 | PPTA | PERPETUA RESOURCES CORP | $1.3M | 0.14% | 52,640 | Common | SOLE |
| 53681J103 | LAC | LITHIUM AMERS CORP NEW | $1.3M | 0.14% | 292,183 | Common | SOLE |
| 127537207 | CDZI | CADIZ INC | $1.3M | 0.14% | 225,612 | Common | SOLE |
| G85158106 | STNE | STONECO LTD | $1.3M | 0.13% | 85,000 | Common | SOLE |
| 81369Y704 | XLI | SELECT SECTOR SPDR TR | $1.2M | 0.13% | 8,033 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $1.2M | 0.13% | 4,320 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $1.2M | 0.13% | 7,400 | Common | SOLE |
| 758750103 | RRX | REGAL REXNORD CORPORATION | $1.2M | 0.13% | 8,500 | Common | SOLE |
| 14316J108 | CG | CARLYLE GROUP INC | $1.2M | 0.13% | 20,075 | Common | SOLE |
| 22113B103 | CSAN | COSAN S A | $1.2M | 0.13% | 300,172 | Common | SOLE |
| G21301109 | CCIX | CHURCHILL CAPITAL CORP IX | $1.2M | 0.13% | 110,000 | Common | SOLE |
| 550241103 | LUMN | LUMEN TECHNOLOGIES INC | $1.1M | 0.12% | 146,708 | Common | SOLE |
| 65340P106 | NXE | NEXGEN ENERGY LTD | $1.1M | 0.12% | 123,799 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $1.1M | 0.12% | 1,648 | Common | SOLE |
| G8772L105 | TVA | TEXAS VENTURES ACQUISITION I | $1.1M | 0.12% | 105,000 | Common | SOLE |
| 440452100 | HRL | HORMEL FOODS CORP | $1.1M | 0.12% | 46,422 | Common | SOLE |
| 023634207 | NWAX/U | NEW AMER ACQUISITION I CORP | $1.1M | 0.12% | 105,280 | Common | SOLE |
| 30068X103 | XGN | EXAGEN INC | $1.0M | 0.11% | 170,000 | Common | SOLE |
| 36165L108 | GDS | GDS HLDGS LTD | $1.0M | 0.11% | 29,000 | Common | SOLE |
| 04342Y104 | ASAN | ASANA INC | $1.0M | 0.11% | 73,300 | Common | SOLE |
| G81354105 | SBXD | SILVERBOX CORP IV | $1.0M | 0.11% | 94,600 | Common | SOLE |
| 59522J103 | MAA | MID-AMER APT CMNTYS INC | $1.0M | 0.11% | 7,200 | Common | SOLE |
| 205887102 | CAG | CONAGRA BRANDS INC | $992,936 | 0.11% | 57,362 | Common | SOLE |
| N90064101 | QURE | UNIQURE NV | $969,859 | 0.10% | 40,529 | Common | SOLE |
| 876511106 | TGB | TASEKO MINES LTD | $964,498 | 0.10% | 170,406 | Common | SOLE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $939,393 | 0.10% | 16,091 | Common | SOLE |
| G9460G101 | VAL | VALARIS LTD | $925,848 | 0.10% | 18,370 | Common | SOLE |
| 25459W862 | SPXL | DIREXION SHS ETF TR | $860,158 | 0.09% | 3,899 | Common | SOLE |
| 58506Q109 | MEDP | MEDPACE HLDGS INC | $859,324 | 0.09% | 1,530 | Common | SOLE |
| 74347R842 | UWM | PROSHARES TR | $853,930 | 0.09% | 18,161 | Common | SOLE |
| G2003N105 | BEAG | BOLD EAGLE ACQUISITION CORP | $846,400 | 0.09% | 80,000 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $824,700 | 0.09% | 30,000 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $819,566 | 0.09% | 5,350 | Common | SOLE |
| 25460E190 | SPXS | DIREXION SHS ETF TR | $817,796 | 0.09% | 23,056 | Common | SOLE |
| G7490F119 | RTACU | RENATUS TACTICAL ACQUIS | $808,840 | 0.09% | 73,000 | Common | SOLE |
| 74350P667 | SDS | PROSHARES TR | $802,566 | 0.09% | 11,718 | Common | SOLE |
| 826599102 | SGML | SIGMA LITHIUM CORPORATION | $795,832 | 0.09% | 60,336 | Common | SOLE |
| 00218A105 | ASPI | ASP ISOTOPES INC | $788,462 | 0.08% | 147,376 | Common | SOLE |
| G1827P106 | CEPT | CANTOR EQUITY PARTNERS II IN | $788,200 | 0.08% | 70,000 | Common | SOLE |
| 98422D105 | XPEV | XPENG INC | $776,724 | 0.08% | 38,300 | Common | SOLE |
| 02080L102 | TKNO | ALPHA TEKNOVA INC | $760,000 | 0.08% | 200,000 | Common | SOLE |
| G1827K107 | CEPO | CANTOR EQUITY PARTNERS I INC | $741,712 | 0.08% | 71,250 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $737,825 | 0.08% | 8,440 | Common | SOLE |
| 01625V104 | ALHC | ALIGNMENT HEALTHCARE INC | $720,875 | 0.08% | 36,500 | Common | SOLE |
| 126117100 | CNA | CNA FINL CORP | $702,017 | 0.08% | 14,705 | Common | SOLE |
| 75886F107 | REGN | REGENERON PHARMACEUTICALS | $689,280 | 0.07% | 893 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $680,365 | 0.07% | 3,500 | Common | SOLE |
| 88162G103 | TTEK | TETRA TECH INC NEW | $678,112 | 0.07% | 20,218 | Common | SOLE |
| 101121101 | BXP | BXP INC | $672,776 | 0.07% | 9,970 | Common | SOLE |
| 09352U108 | BLND | BLEND LABS INC | $668,800 | 0.07% | 220,000 | Common | SOLE |
| 24703L202 | DELL | DELL TECHNOLOGIES INC | $662,758 | 0.07% | 5,265 | Common | SOLE |
| 86800U302 | SMCI | SUPER MICRO COMPUTER INC | $651,258 | 0.07% | 22,250 | Common | SOLE |
| 56600D107 | MRVI | MARAVAI LIFESCIENCES HLDGS I | $650,000 | 0.07% | 200,000 | Common | SOLE |
| 31188V100 | FSLY | FASTLY INC | $642,256 | 0.07% | 63,090 | Common | SOLE |
| 11135E203 | BNL | BROADSTONE NET LEASE INC | $642,117 | 0.07% | 36,967 | Common | SOLE |
| 72703X106 | PL | PLANET LABS PBC | $635,300 | 0.07% | 32,216 | Common | SOLE |
| 53680QAA6 | LARCN 1.75 01/15/27 | LITHIUM ARGENTINA AG | $616,272 | 0.07% | 110,443 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $615,648 | 0.07% | 31,800 | CALL | SOLE |
| 422704106 | HL | HECLA MNG CO | $605,886 | 0.07% | 31,573 | Common | SOLE |
| 959802109 | WU | WESTERN UN CO | $598,354 | 0.06% | 64,270 | Common | SOLE |
| 831865209 | AOS | SMITH A O CORP | $561,123 | 0.06% | 8,390 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $558,690 | 0.06% | 11,000 | Common | SOLE |
| 92846Q107 | COCO | VITA COCO CO INC | $555,280 | 0.06% | 10,475 | Common | SOLE |
| 031652100 | AMKR | AMKOR TECHNOLOGY INC | $550,983 | 0.06% | 13,956 | Common | SOLE |
| 589400100 | MCY | MERCURY GENL CORP NEW | $550,345 | 0.06% | 5,851 | Common | SOLE |
| 40053W101 | AVAL | GRUPO AVAL ACCIONES Y VALORE | $526,500 | 0.06% | 130,000 | Common | SOLE |
| 83406F102 | SOFI | SOFI TECHNOLOGIES INC | $523,600 | 0.06% | 20,000 | CALL | SOLE |
| 91912E105 | VALE | VALE S A | $521,200 | 0.06% | 40,000 | Common | SOLE |
| 29357K103 | ENVA | ENOVA INTL INC | $521,118 | 0.06% | 3,315 | Common | SOLE |
| 69349H107 | TXNM | TXNM ENERGY INC | $520,852 | 0.06% | 8,846 | Common | SOLE |
| 78573L106 | SBRA | SABRA HEALTH CARE REIT INC | $516,399 | 0.06% | 27,265 | Common | SOLE |
| 63010H108 | NNE | NANO NUCLEAR ENERGY INC | $514,414 | 0.06% | 21,425 | Common | SOLE |
| 920253101 | VMI | VALMONT INDS INC | $512,958 | 0.06% | 1,275 | Common | SOLE |
| 680223104 | ORI | OLD REP INTL CORP | $503,774 | 0.05% | 11,038 | Common | SOLE |
| 83336J307 | — | SNOW LAKE RES LTD | $501,000 | 0.05% | 167,000 | Common | SOLE |
| 008252108 | AMG | AFFILIATED MANAGERS GROUP IN | $498,724 | 0.05% | 1,730 | Common | SOLE |
| 783513203 | RYAAY | RYANAIR HOLDINGS PLC | $492,119 | 0.05% | 6,817 | Common | SOLE |
| 496902404 | KGC | KINROSS GOLD CORP | $489,815 | 0.05% | 17,394 | Common | SOLE |
| 03938L203 | MT | ARCELORMITTAL SA LUXEMBOURG | $489,376 | 0.05% | 10,739 | Common | SOLE |
| 78574H104 | SOC | SABLE OFFSHORE CORP | $487,080 | 0.05% | 54,000 | Common | SOLE |
| 82982T106 | SITM | SITIME CORP | $485,283 | 0.05% | 1,374 | Common | SOLE |
| 26142V105 | DKNG | DRAFTKINGS INC NEW | $482,440 | 0.05% | 14,000 | Common | SOLE |
| G3730V105 | FTAI | FTAI AVIATION LTD | $481,889 | 0.05% | 2,448 | Common | SOLE |
| 092113109 | BKH | BLACK HILLS CORP | $475,110 | 0.05% | 6,844 | Common | SOLE |
| 558256103 | MSGE | MADISON SQUARE GARDEN ENTMT | $470,891 | 0.05% | 8,738 | Common | SOLE |
| 858119100 | STLD | STEEL DYNAMICS INC | $467,343 | 0.05% | 2,758 | Common | SOLE |
| 45168D104 | IDXX | IDEXX LABS INC | $466,129 | 0.05% | 689 | Common | SOLE |
| G87110105 | FTI | TECHNIPFMC PLC | $464,538 | 0.05% | 10,425 | Common | SOLE |
| 894164102 | TNL | TRAVEL PLUS LEISURE CO | $464,087 | 0.05% | 6,580 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $452,440 | 0.05% | 421 | Common | SOLE |
| G9087Q102 | TROX | TRONOX HOLDINGS PLC | $448,363 | 0.05% | 107,521 | Common | SOLE |
| 28852N109 | EFC | ELLINGTON FINANCIAL INC | $447,828 | 0.05% | 32,977 | Common | SOLE |
| G93A5A101 | VIK | VIKING HOLDINGS LTD | $443,242 | 0.05% | 6,207 | Common | SOLE |
| 773903109 | ROK | ROCKWELL AUTOMATION INC | $442,373 | 0.05% | 1,137 | Common | SOLE |
| 001084102 | AGCO | AGCO CORP | $441,169 | 0.05% | 4,229 | Common | SOLE |
| 74347R107 | SSO | PROSHARES TR | $439,034 | 0.05% | 7,580 | Common | SOLE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $436,614 | 0.05% | 1,474 | Common | SOLE |
| G2519Y108 | BAP | CREDICORP LTD | $436,527 | 0.05% | 1,521 | Common | SOLE |
| 03769M106 | APO | APOLLO GLOBAL MGMT INC | $434,280 | 0.05% | 3,000 | Common | SOLE |
| 19459J104 | COLL | COLLEGIUM PHARMACEUTICAL INC | $431,377 | 0.05% | 9,317 | Common | SOLE |
| 29082A107 | EMBJ | EMBRAER S.A. | $431,022 | 0.05% | 6,696 | Common | SOLE |
| 349942102 | FSM | FORTUNA MNG CORP | $430,796 | 0.05% | 43,914 | Common | SOLE |
| 816300107 | SIGI | SELECTIVE INS GROUP INC | $428,223 | 0.05% | 5,118 | Common | SOLE |
| 14888U101 | CPRX | CATALYST PHARMACEUTICALS INC | $428,056 | 0.05% | 18,340 | Common | SOLE |
| 05603J108 | BKV | BKV CORP | $427,612 | 0.05% | 15,750 | Common | SOLE |
| 466313103 | JBL | JABIL INC | $423,661 | 0.05% | 1,858 | Common | SOLE |
| 74347R206 | QLD | PROSHARES TR | $422,530 | 0.05% | 6,001 | Common | SOLE |
| 03076K108 | ABCB | AMERIS BANCORP | $422,225 | 0.05% | 5,685 | Common | SOLE |
| 402635502 | GPOR | GULFPORT ENERGY CORP | $422,220 | 0.05% | 2,030 | Common | SOLE |
| 577933104 | MMS | MAXIMUS INC | $419,774 | 0.05% | 4,863 | Common | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR INC | $417,545 | 0.04% | 6,685 | Common | SOLE |
| 84857L101 | SR | SPIRE INC | $417,056 | 0.04% | 5,043 | Common | SOLE |
| 69007J304 | OUT | OUTFRONT MEDIA INC | $415,219 | 0.04% | 17,229 | Common | SOLE |
| 598511103 | MOFG | MIDWESTONE FINL GROUP INC NE | $413,875 | 0.04% | 10,750 | Common | SOLE |
| 75734B100 | RDDT | REDDIT INC | $412,847 | 0.04% | 1,796 | Common | SOLE |
| 75776W103 | RDW | REDWIRE CORPORATION | $412,072 | 0.04% | 54,220 | Common | SOLE |
| 02215L209 | KNTK | KINETIK HOLDINGS INC | $410,465 | 0.04% | 11,386 | Common | SOLE |
| 29977A105 | EVR | EVERCORE INC | $407,279 | 0.04% | 1,197 | Common | SOLE |
| G0260P102 | AS | AMER SPORTS INC | $405,397 | 0.04% | 10,854 | Common | SOLE |
| 38911N206 | GRVY | GRAVITY CO LTD | $405,090 | 0.04% | 7,000 | Common | SOLE |
| 573284106 | MLM | MARTIN MARIETTA MATLS INC | $404,729 | 0.04% | 650 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $402,599 | 0.04% | 616 | Common | SOLE |
| 279158109 | EC | ECOPETROL S A | $400,800 | 0.04% | 40,000 | Common | SOLE |
| 74349Y829 | QID | PROSHARES TR | $400,728 | 0.04% | 19,838 | Common | SOLE |
| G8473T100 | STE | STERIS PLC | $400,562 | 0.04% | 1,580 | Common | SOLE |
| 009496100 | AIRS | AIRSCULPT TECHNOLOGIES INC | $400,455 | 0.04% | 202,250 | Common | SOLE |
| 040413205 | ANET | ARISTA NETWORKS INC | $397,283 | 0.04% | 3,032 | Common | SOLE |
| 881454102 | IMSR | TERRESTRIAL ENERGY INC | $397,150 | 0.04% | 65,000 | Common | SOLE |
| 651718504 | NPKI | NPK INTERNATIONAL INC | $395,148 | 0.04% | 33,150 | Common | SOLE |
| 26922A420 | QTUM | ETF SER SOLUTIONS | $390,170 | 0.04% | 3,558 | Common | SOLE |
| 90184D100 | TWST | TWIST BIOSCIENCE CORP | $388,570 | 0.04% | 12,250 | Common | SOLE |
| 917047102 | URBN | URBAN OUTFITTERS INC | $388,266 | 0.04% | 5,159 | Common | SOLE |
| 42727J102 | HRTG | HERITAGE INSURANCE HLDGS INC | $387,519 | 0.04% | 13,244 | Common | SOLE |
| 105368203 | BDN | BRANDYWINE RLTY TR | $387,502 | 0.04% | 132,706 | Common | SOLE |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $386,708 | 0.04% | 1,737 | Common | SOLE |
| 98419M100 | XYL | XYLEM INC | $379,942 | 0.04% | 2,790 | Common | SOLE |
| 03674X106 | AR | ANTERO RESOURCES CORP | $379,060 | 0.04% | 11,000 | Common | SOLE |
| 127190304 | CACI | CACI INTL INC | $378,828 | 0.04% | 711 | Common | SOLE |
| 91913Y100 | VLO | VALERO ENERGY CORP | $376,859 | 0.04% | 2,315 | Common | SOLE |
| 00214Q302 | ARKG | ARK ETF TR | $376,610 | 0.04% | 13,000 | Common | SOLE |
| 78473E103 | SPXC | SPX TECHNOLOGIES INC | $374,912 | 0.04% | 1,874 | Common | SOLE |
| 410867105 | THG | HANOVER INS GROUP INC | $369,926 | 0.04% | 2,024 | Common | SOLE |
| 69888T207 | PARR | PAR PAC HOLDINGS INC | $368,478 | 0.04% | 10,486 | Common | SOLE |
| 099406100 | BOOT | BOOT BARN HLDGS INC | $367,940 | 0.04% | 2,085 | Common | SOLE |
| 961684206 | WWR | WESTWATER RES INC | $367,650 | 0.04% | 490,200 | Common | SOLE |
| 67401P405 | OCSL | OAKTREE SPECIALTY LENDING CO | $367,065 | 0.04% | 28,812 | Common | SOLE |
| 440327104 | HMN | HORACE MANN EDUCATORS CORP N | $364,406 | 0.04% | 7,891 | Common | SOLE |
| 18915M107 | NET | CLOUDFLARE INC | $361,179 | 0.04% | 1,832 | Common | SOLE |
| 00847J105 | AGYS | AGILYSYS INC | $356,520 | 0.04% | 3,000 | Common | SOLE |
| 40609P105 | HNRG | HALLADOR ENERGY COMPANY | $355,800 | 0.04% | 18,687 | Common | SOLE |
| 607828100 | MOD | MODINE MFG CO | $354,202 | 0.04% | 2,653 | Common | SOLE |
| G8192H106 | SPNT | SIRIUSPOINT LTD | $349,846 | 0.04% | 15,982 | Common | SOLE |
| 488401100 | KMPR | KEMPER CORP | $349,293 | 0.04% | 8,616 | Common | SOLE |
| 87151X101 | SYM | SYMBOTIC INC | $341,411 | 0.04% | 5,738 | Common | SOLE |
| 529043408 | LXP | LXP INDUSTRIAL TRUST | $328,170 | 0.04% | 6,619 | Common | SOLE |
| 06759L103 | BBDC | BARINGS BDC INC | $327,157 | 0.04% | 35,638 | Common | SOLE |
| 942749102 | WTS | WATTS WATER TECHNOLOGIES INC | $325,980 | 0.03% | 1,181 | Common | SOLE |
| 172573107 | CRCL | CIRCLE INTERNET GROUP INC | $317,200 | 0.03% | 4,000 | Common | SOLE |
| 64131A105 | STIM | NEURONETICS INC | $304,980 | 0.03% | 221,000 | Common | SOLE |
| 23804L103 | DDOG | DATADOG INC | $301,490 | 0.03% | 2,217 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $301,248 | 0.03% | 960 | Common | SOLE |
| 88642R109 | TDW | TIDEWATER INC NEW | $300,231 | 0.03% | 5,944 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $295,105 | 0.03% | 4,632 | Common | SOLE |
| 68622V106 | OGN | ORGANON & CO | $293,726 | 0.03% | 40,966 | Common | SOLE |
| 126349109 | CSN | CSG SYS INTL INC | $278,155 | 0.03% | 3,627 | Common | SOLE |
| 09175A206 | BMNR | BITMINE IMMERSION TECNOLOGIE | $270,821 | 0.03% | 9,975 | Common | SOLE |
| 11285B108 | BEPC | BROOKFIELD RENEWABLE CORP | $268,380 | 0.03% | 7,000 | Common | SOLE |
| 03782L101 | APPN | APPIAN CORP | $267,598 | 0.03% | 7,555 | Common | SOLE |
| 75574U101 | RC | READY CAPITAL CORP | $267,373 | 0.03% | 122,648 | Common | SOLE |
| 346375108 | FORM | FORMFACTOR INC | $251,010 | 0.03% | 4,500 | Common | SOLE |
| 98379L100 | XPEL | XPEL INC | $250,947 | 0.03% | 5,028 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $246,646 | 0.03% | 12,740 | Common | SOLE |
| 126638105 | CVRX | CVRX INC | $245,660 | 0.03% | 34,600 | Common | SOLE |
| 055869101 | BTQ | BTQ TECHNOLOGIES CORP | $244,173 | 0.03% | 47,690 | Common | SOLE |
| 316500107 | FDUS | FIDUS INVT CORP | $240,324 | 0.03% | 12,452 | Common | SOLE |
| 45781V101 | IIPR | INNOVATIVE INDL PPTYS INC | $237,510 | 0.03% | 5,015 | Common | SOLE |
| 43940T109 | HOPE | HOPE BANCORP INC | $235,662 | 0.03% | 21,502 | Common | SOLE |
| 29259W700 | EU | ENCORE ENERGY CORP | $229,725 | 0.02% | 92,631 | Common | SOLE |
| 93148P102 | WD | WALKER & DUNLOP INC | $229,713 | 0.02% | 3,819 | Common | SOLE |
| 483007704 | KALU | KAISER ALUMINUM CORP | $218,579 | 0.02% | 1,903 | Common | SOLE |
| 56418H100 | MAN | MANPOWERGROUP INC WIS | $217,594 | 0.02% | 7,319 | Common | SOLE |
| 127203107 | WHD | CACTUS INC | $216,615 | 0.02% | 4,742 | Common | SOLE |
| 74623V103 | PCT | PURECYCLE TECHNOLOGIES INC | $214,750 | 0.02% | 25,000 | Common | SOLE |
| 14057J101 | CFFN | CAPITOL FED FINL INC | $211,185 | 0.02% | 31,011 | Common | SOLE |
| 731068102 | PII | POLARIS INC | $203,349 | 0.02% | 3,215 | Common | SOLE |
| 45783Q100 | NOTV | INOTIV INC | $192,632 | 0.02% | 342,700 | Common | SOLE |
| 828730200 | SFNC | SIMMONS 1ST NATL CORP | $191,686 | 0.02% | 10,169 | Common | SOLE |
| 29402E102 | ELA | ENVELA CORP | $174,475 | 0.02% | 13,040 | Common | SOLE |
| 343873105 | FFIC | FLUSHING FINL CORP | $156,661 | 0.02% | 10,327 | Common | SOLE |
| N3144W105 | XPRO | EXPRO GROUP HOLDINGS NV | $146,730 | 0.02% | 10,991 | Common | SOLE |
| 46489V302 | CATX | PERSPECTIVE THERAPEUTICS INC | $143,000 | 0.02% | 52,000 | Common | SOLE |
| 63938C108 | NAVI | NAVIENT CORPORATION | $140,465 | 0.02% | 10,805 | Common | SOLE |
| 379378201 | GNL | GLOBAL NET LEASE INC | $137,290 | 0.01% | 15,964 | Common | SOLE |
| 46131B704 | IVR | INVESCO MORTGAGE CAPITAL INC | $93,570 | 0.01% | 11,126 | Common | SOLE |
| 86722A103 | SXC | SUNCOKE ENERGY INC | $88,560 | 0.01% | 12,300 | Common | SOLE |
| 48716P108 | KRNY | KEARNY FINL CORP MD | $87,327 | 0.01% | 11,785 | Common | SOLE |
| 74348T102 | PSEC | PROSPECT CAP CORP | $60,047 | 0.01% | 23,184 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.