Q4 2024 · 13F-HR
K2 PRINCIPAL FUND, L.P.holdings as filed
Filed 2025-02-14 · accession 0001461790-25-000034
$900.6M
Reported value
304
Positions
2024-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78463V107 | GLD | SPDR GOLD TR | $41.6M | 4.62% | 172,000 | PUT | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $24.5M | 2.72% | 45,500 | CALL | SOLE |
| 26210CAC8 | DBX 0 03/01/26 | DROPBOX INC | $15.7M | 1.75% | 15,859 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $15.4M | 1.71% | 70,000 | CALL | SOLE |
| 683712AA1 | — | OPENDOOR TECHNOL | $15.3M | 1.70% | 17,429 | Common | SOLE |
| 04916EAB0 | AY 4 07/15/25 | ATLANTICA JERSEY | $15.3M | 1.70% | 15,300 | Common | SOLE |
| 70614WAB6 | PTON 0 02/15/26 | PELOTON INTERACTIVE INC | $14.7M | 1.63% | 15,679 | Common | SOLE |
| 008911BF5 | — | AIR CANADA | $14.6M | 1.62% | 13,080 | Common | SOLE |
| 67059NAH1 | NTNX 0.25 10/01/27 | NUTANIX INC | $14.6M | 1.62% | 12,000 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $14.3M | 1.59% | 270,000 | Common | SOLE |
| 92766KAA4 | — | VIRGIN GALACTIC | $12.5M | 1.39% | 28,500 | Common | SOLE |
| 48238TAA7 | — | KAR AUCTION | $12.5M | 1.38% | 12,487 | Common | SOLE |
| 464285204 | IAU | ISHARES GOLD TR | $12.4M | 1.37% | 250,000 | Common | SOLE |
| 29404KAE6 | ENV 0.75 08/15/25 | ENVESTNET INC | $12.0M | 1.33% | 12,000 | Common | SOLE |
| 55826TAB8 | SPHR 3.5 12/01/28 | SPHERE ENTERTAINMENT CO | $11.6M | 1.29% | 8,500 | Common | SOLE |
| 923725AB1 | — | VERMILION ENERGY TRUST | $11.5M | 1.28% | 11,559 | Common | SOLE |
| 565788AE6 | — | MARA HOLDINGS | $10.9M | 1.21% | 12,500 | Common | SOLE |
| 896945AD4 | TRIP 0.25 04/01/26 | TRIPADVISOR INC | $10.7M | 1.19% | 11,500 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $10.0M | 1.11% | 18,500 | PUT | SOLE |
| 974637AE0 | — | WINNEBAGO INDU | $9.9M | 1.09% | 10,925 | Common | SOLE |
| 594972AR2 | — | MICROSTRATEGY | $9.7M | 1.08% | 12,000 | Common | SOLE |
| 00971TAL5 | AKAM 0.375 09/01/27 | AKAMAI TECHNOLOGIES INC | $9.6M | 1.06% | 9,500 | Common | SOLE |
| 477143AP6 | JBLU 0.5 04/01/26 | JETBLUE AIRWAYS CORP | $9.3M | 1.03% | 10,000 | Common | SOLE |
| 753422AF1 | RPD 0.25 03/15/27 | RAPID7 INC | $9.3M | 1.03% | 10,000 | Common | SOLE |
| G9675P102 | WLAC | WILLOW LANE ACQUISITION CORP | $9.2M | 1.03% | 933,888 | Common | SOLE |
| 75734B100 | RDDT | REDDIT INC | $9.2M | 1.02% | 56,000 | PUT | SOLE |
| 91680MAB3 | UPST 0.25 08/15/26 | UPSTART HLDGS INC | $9.1M | 1.01% | 10,000 | Common | SOLE |
| 653656AB4 | NICEIT 0 09/15/25 | NICE LTD | $9.0M | 0.99% | 9,321 | Common | SOLE |
| 83418M103 | SEI | SOLARIS ENERGY INFRAS INC | $8.9M | 0.98% | 308,235 | Common | SOLE |
| 44988FAD2 | — | IIP OP PRTNRSHP | $8.8M | 0.97% | 9,082 | Common | SOLE |
| 09228FAL7 | — | BLACKBERRY LTD | $8.7M | 0.96% | 7,000 | Common | SOLE |
| 31188VAB6 | FSLY 0 03/15/26 | FASTLY INC | $8.6M | 0.96% | 9,249 | Common | SOLE |
| 32076VAD5 | AGCN 0.375 01/15/27 | FIRST MAJESTIC SILVER CORP | $8.6M | 0.95% | 9,500 | Common | SOLE |
| G2949D104 | DYNC | DYNAMIX CORP | $8.5M | 0.95% | 869,912 | Common | SOLE |
| 55024UAH2 | LITE 1.5 12/15/29 | LUMENTUM HLDGS INC | $8.4M | 0.93% | 6,000 | Common | SOLE |
| 97717PAD6 | WT 3.25 06/15/26 | WISDOMTREE INC | $8.2M | 0.91% | 7,344 | Common | SOLE |
| 86304TAA6 | — | STRATHCONA RESOU | $8.0M | 0.89% | 8,000 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $8.0M | 0.89% | 42,053 | Common | SOLE |
| 958102AT2 | WDC 3 11/15/28 | WESTERN DIGITAL CORP | $8.0M | 0.88% | 6,000 | Common | SOLE |
| 36168QAK0 | — | GFL ENVIRON INC | $7.9M | 0.88% | 8,000 | Common | SOLE |
| 53190FAA3 | — | LIFE TIME INC | $7.7M | 0.86% | 7,718 | Common | SOLE |
| 76680RAF4 | RNG 0 03/01/25 | RINGCENTRAL INC | $7.7M | 0.86% | 7,799 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $7.7M | 0.85% | 15,000 | PUT | SOLE |
| 848577AB8 | SAVE 1 05/15/26 | SPIRIT AIRLINES | $7.6M | 0.84% | 19,393 | Common | SOLE |
| G6301B119 | MLACU | MOUNTAIN LAKE ACQUISITION CO | $7.5M | 0.83% | 748,957 | Common | SOLE |
| 549498AA1 | — | LUCID GROUP | $7.1M | 0.79% | 9,000 | Common | SOLE |
| 83304AAD8 | SNAP 0.25 05/01/25 | SNAP INC | $7.0M | 0.77% | 7,100 | Common | SOLE |
| 858119100 | STLD | STEEL DYNAMICS INC | $6.8M | 0.76% | 60,000 | CALL | SOLE |
| 156431AQ1 | — | CENTURY ALUM CO | $6.8M | 0.76% | 5,750 | Common | SOLE |
| 83418M103 | SEI | SOLARIS ENERGY INFRAS INC | $6.8M | 0.75% | 235,800 | CALL | SOLE |
| G9008W121 | TDACU | TRANSLATIONAL DEV ACQUISITIO | $6.8M | 0.75% | 674,997 | Common | SOLE |
| 97717PAG9 | — | WISDOMTREE INC | $6.5M | 0.72% | 6,000 | Common | SOLE |
| 88080TAB0 | — | TERAWULF INC | $6.3M | 0.70% | 6,500 | Common | SOLE |
| 78573NAE2 | SABHLD 4 04/15/25 | SABRE GLBL INC | $6.2M | 0.69% | 6,309 | Common | SOLE |
| 918204108 | VFC | V F CORP | $6.2M | 0.69% | 290,000 | Common | SOLE |
| 46432F396 | MTUM | ISHARES TR | $6.2M | 0.69% | 30,000 | PUT | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $6.0M | 0.67% | 29,989 | Common | SOLE |
| 02376RAF9 | AAL 6.5 07/01/25 | AMERICAN AIRLINES GROUP INC | $5.9M | 0.65% | 5,000 | Common | SOLE |
| 013091103 | ACI | ALBERTSONS COS INC | $5.8M | 0.64% | 295,501 | Common | SOLE |
| 09239BAD1 | BL 0 03/15/26 | BLACKLINE INC | $5.6M | 0.63% | 6,000 | Common | SOLE |
| G3730H106 | CCIR | COHEN CIRCLE ACQUISITION COR | $5.6M | 0.62% | 562,383 | Common | SOLE |
| 62844JAA6 | — | MUVICO LLC | $5.5M | 0.61% | 5,158 | Common | SOLE |
| 565788AC0 | — | MARATHON DIGITAL | $5.3M | 0.59% | 5,000 | Common | SOLE |
| 42809H107 | HES | HESS CORP | $5.2M | 0.58% | 39,382 | Common | SOLE |
| 698884103 | PAR | PAR TECHNOLOGY CORP | $5.2M | 0.58% | 71,441 | Common | SOLE |
| G2003N105 | BEAG | BOLD EAGLE ACQUISITION CORP | $5.1M | 0.57% | 521,524 | Common | SOLE |
| 171779309 | CIEN | CIENA CORP | $5.1M | 0.57% | 60,000 | CALL | SOLE |
| 87874RAD2 | TTGT 0 12/15/26 | TECHTARGET INC | $5.0M | 0.55% | 5,000 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $4.6M | 0.51% | 40,000 | PUT | SOLE |
| 09175RAB6 | — | BITDEER TECHNO | $4.5M | 0.50% | 3,000 | Common | SOLE |
| 38268TAD5 | GPRO 1.25 11/15/25 | GOPRO INC | $4.5M | 0.50% | 5,000 | Common | SOLE |
| 007973AE0 | AEIS 2.5 09/15/28 | ADVANCED ENERGY INDS | $4.4M | 0.48% | 4,000 | Common | SOLE |
| 53814LAB4 | LTHM 4.125 07/15/25 | LIVENT CORP | $4.4M | 0.48% | 3,000 | Common | SOLE |
| 19260QAE7 | — | COINBASE GLOBAL | $4.3M | 0.48% | 4,000 | Common | SOLE |
| 548661107 | LOW | LOWES COS INC | $4.2M | 0.47% | 17,000 | PUT | SOLE |
| 64110Y108 | NLOP | NET LEASE OFFICE PROPERTIES | $4.2M | 0.47% | 134,275 | Common | SOLE |
| 81752R100 | SRG | SERITAGE GROWTH PPTYS | $4.1M | 0.46% | 1,000,000 | Common | SOLE |
| 418100103 | HCP2EUR | HASHICORP INC | $4.1M | 0.46% | 120,114 | Common | SOLE |
| 45667GAG8 | INFN 3.75 08/01/28 | INFINERA CORP | $4.1M | 0.45% | 3,500 | Common | SOLE |
| G7633M120 | DRDBU | ROMAN DBDR ACQUISITION CORP | $4.1M | 0.45% | 407,190 | Common | SOLE |
| 53680QAA6 | LARCN 1.75 01/15/27 | LITHIUM AMERICAS ARGENTINA C | $3.9M | 0.44% | 5,095 | Common | SOLE |
| 531465AA0 | — | LIB TRIP ADV HOL | $3.9M | 0.44% | 4,000 | Common | SOLE |
| 91688FAB0 | UPWK 0.25 08/15/26 | UPWORK INC | $3.7M | 0.41% | 4,000 | Common | SOLE |
| 21874A114 | CORZW | CORE SCIENTIFIC INC NEW | $3.4M | 0.38% | 415,495 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $3.2M | 0.35% | 16,000 | CALL | SOLE |
| 55826T102 | SPHR | SPHERE ENTERTAINMENT CO | $3.0M | 0.34% | 75,000 | CALL | SOLE |
| 912909108 | USX1 | UNITED STATES STL CORP NEW | $3.0M | 0.33% | 87,500 | CALL | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $2.9M | 0.32% | 13,321 | Common | SOLE |
| 55024UAF6 | LITE 0.5 06/15/28 | LUMENTUM HLDGS INC | $2.9M | 0.32% | 3,000 | Common | SOLE |
| 12541W209 | CHRW | C H ROBINSON WORLDWIDE INC | $2.8M | 0.32% | 27,500 | CALL | SOLE |
| 44955LAA4 | — | I-80 GOLD CORP | $2.8M | 0.31% | 4,000 | Common | SOLE |
| 784730AB9 | SSRMCN 2.5 04/01/39 | SSR MINING IN | $2.8M | 0.31% | 2,888 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $2.7M | 0.30% | 11,145 | Common | SOLE |
| 46270CAA7 | — | IRIS ENERGY LTD | $2.7M | 0.30% | 3,000 | Common | SOLE |
| G32901103 | FACT | FACT II ACQUISITION CORP | $2.5M | 0.28% | 257,500 | Common | SOLE |
| 698884103 | PAR | PAR TECHNOLOGY CORP | $2.5M | 0.28% | 35,000 | PUT | SOLE |
| 067806109 | BUSD | BARNES GROUP INC | $2.5M | 0.28% | 53,330 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $2.5M | 0.27% | 65,000 | PUT | SOLE |
| 35909D109 | FYBR | FRONTIER COMMUNICATIONS PARE | $2.5M | 0.27% | 71,074 | Common | SOLE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $2.4M | 0.27% | 5,000 | PUT | SOLE |
| 50155Q100 | KD | KYNDRYL HLDGS INC | $2.4M | 0.27% | 70,000 | CALL | SOLE |
| 46222L116 | IONQ/WS | IONQ INC | $2.4M | 0.27% | 79,438 | Common | SOLE |
| 670704AJ4 | GMED 0.375 03/15/25 | NUVASIVE INC | $2.4M | 0.26% | 2,396 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $2.4M | 0.26% | 21,254 | Common | SOLE |
| 780287108 | RGLD | ROYAL GOLD INC | $2.3M | 0.26% | 17,700 | CALL | SOLE |
| 74022D407 | PDS | PRECISION DRILLING CORP | $2.3M | 0.25% | 37,446 | Common | SOLE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $2.3M | 0.25% | 30,000 | PUT | SOLE |
| 87266JAB0 | TPIC 5.25 03/15/28 | TPI COMPOSITES INC | $2.2M | 0.25% | 9,000 | Common | SOLE |
| G8192N103 | — | SK GROWTH OPPORTUNITIES CORP | $2.1M | 0.24% | 184,371 | Common | SOLE |
| 351858105 | FNV | FRANCO NEV CORP | $2.1M | 0.24% | 18,000 | CALL | SOLE |
| 36317GAA4 | — | GALAXY DIG HO LP | $2.0M | 0.22% | 2,000 | Common | SOLE |
| G6717R104 | OACC | OAKTREE ACQUISITION CORP III | $1.9M | 0.22% | 195,292 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $1.9M | 0.21% | 10,000 | CALL | SOLE |
| 12664M202 | NOEMU | CO2 ENERGY TRANSITION CORP | $1.9M | 0.21% | 190,000 | Common | SOLE |
| 87266J104 | TPICQ | TPI COMPOSITES INC | $1.9M | 0.21% | 1,000,000 | CALL | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $1.9M | 0.21% | 31,000 | CALL | SOLE |
| 457730109 | INSP | INSPIRE MED SYS INC | $1.9M | 0.21% | 10,000 | CALL | SOLE |
| 714266103 | PPTA | PERPETUA RESOURCES CORP | $1.8M | 0.20% | 170,000 | Common | SOLE |
| 78464A870 | XBI | SPDR SER TR | $1.8M | 0.20% | 20,000 | PUT | SOLE |
| 171779309 | CIEN | CIENA CORP | $1.8M | 0.20% | 21,222 | Common | SOLE |
| 256163106 | DOCU | DOCUSIGN INC | $1.8M | 0.20% | 20,000 | PUT | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $1.8M | 0.20% | 34,900 | CALL | SOLE |
| 679580100 | ODFL | OLD DOMINION FREIGHT LINE IN | $1.8M | 0.20% | 10,000 | CALL | SOLE |
| 565788AB2 | MARA 1 12/01/26 | MARA HOLDINGS INC | $1.8M | 0.20% | 2,000 | Common | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $1.8M | 0.20% | 10,000 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $1.8M | 0.20% | 15,946 | Common | SOLE |
| G3106N109 | FTW | EQV VENTURES ACQUISITION COR | $1.7M | 0.19% | 174,421 | Common | SOLE |
| G3934V109 | GENI | GENIUS SPORTS LIMITED | $1.7M | 0.19% | 200,000 | Common | SOLE |
| 25400Q105 | DJT | TRUMP MEDIA TECHNOLOGY GRO | $1.7M | 0.19% | 50,000 | PUT | SOLE |
| 713448108 | PEP | PEPSICO INC | $1.5M | 0.17% | 10,000 | PUT | SOLE |
| 09061G101 | BMRN | BIOMARIN PHARMACEUTICAL INC | $1.5M | 0.17% | 23,000 | CALL | SOLE |
| 015658115 | ASTLW | ALGOMA STL GROUP INC | $1.5M | 0.17% | 692,579 | Common | SOLE |
| 74346Y103 | PRO | PROS HOLDINGS INC | $1.5M | 0.17% | 68,000 | Common | SOLE |
| 594972AK7 | — | MICROSTRATEGY | $1.5M | 0.17% | 1,000 | Common | SOLE |
| G87264100 | TGLS | TECNOGLASS INC | $1.4M | 0.16% | 18,038 | Common | SOLE |
| 46565G104 | 5E7 | ITEOS THERAPEUTICS INC | $1.4M | 0.16% | 184,500 | CALL | SOLE |
| 89346D107 | TAC | TRANSALTA CORP | $1.4M | 0.16% | 100,000 | PUT | SOLE |
| 87241L109 | TFII | TFI INTL INC | $1.4M | 0.16% | 10,449 | Common | SOLE |
| 013091103 | ACI | ALBERTSONS COS INC | $1.4M | 0.15% | 70,000 | CALL | SOLE |
| G4992A201 | JACS/U | JACKSON ACQUISITION CO II | $1.4M | 0.15% | 136,000 | Common | SOLE |
| 81752R100 | SRG | SERITAGE GROWTH PPTYS | $1.3M | 0.15% | 325,600 | CALL | SOLE |
| 369550108 | GD | GENERAL DYNAMICS CORP | $1.3M | 0.15% | 5,000 | PUT | SOLE |
| 58933Y105 | MRK | MERCK CO INC | $1.3M | 0.14% | 13,032 | Common | SOLE |
| 26922A842 | JETS | ETF SER SOLUTIONS | $1.3M | 0.14% | 50,000 | PUT | SOLE |
| 893641100 | TDG | TRANSDIGM GROUP INC | $1.3M | 0.14% | 1,000 | PUT | SOLE |
| 039483102 | ADM | ARCHER DANIELS MIDLAND CO | $1.3M | 0.14% | 25,000 | PUT | SOLE |
| 05875B106 | TRWHUSD | BALLYS CORPORATION | $1.3M | 0.14% | 70,561 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $1.2M | 0.14% | 5,300 | Common | SOLE |
| G16234109 | — | BROOKFIELD BUSINESS PARTNERS | $1.2M | 0.14% | 52,385 | Common | SOLE |
| 60783XAA2 | — | MODIVCARE | $1.2M | 0.13% | 2,000 | Common | SOLE |
| 25809K105 | DASH | DOORDASH INC | $1.2M | 0.13% | 7,000 | PUT | SOLE |
| G1153L109 | — | BLACK SPADE ACQUISITION II C | $1.2M | 0.13% | 116,892 | Common | SOLE |
| 36119D103 | FTII | FUTURETECH II ACQUISITION CO | $1.2M | 0.13% | 105,296 | Common | SOLE |
| 78440X887 | SLG | SL GREEN RLTY CORP | $1.2M | 0.13% | 17,000 | PUT | SOLE |
| 72814N104 | AGS | PLAYAGS INC | $1.2M | 0.13% | 99,918 | Common | SOLE |
| 49338L103 | KEYS | KEYSIGHT TECHNOLOGIES INC | $1.1M | 0.12% | 7,000 | Common | SOLE |
| 918204108 | VFC | V F CORP | $1.1M | 0.12% | 50,000 | PUT | SOLE |
| 682189105 | ON | ON SEMICONDUCTOR CORP | $1.1M | 0.12% | 16,973 | Common | SOLE |
| G63290111 | PLMJF | PLUM ACQUISITION CORP III | $1.0M | 0.12% | 94,362 | Common | SOLE |
| G69454109 | — | PATRIA LATIN AMRCN OPPRNTY A | $1.0M | 0.11% | 86,862 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $1.0M | 0.11% | 5,000 | CALL | SOLE |
| 00922RAD7 | — | AIR TRANS SVCS GROUP INC | $990,800 | 0.11% | 1,000 | Common | SOLE |
| 36317GAB2 | — | GALAXY DIG HO LP | $979,060 | 0.11% | 1,000 | Common | SOLE |
| 81369Y852 | XLC | SELECT SECTOR SPDR TR | $968,100 | 0.11% | 10,000 | CALL | SOLE |
| G2283U100 | — | COLOMBIER ACQUISITION CORP I | $948,754 | 0.11% | 80,745 | Common | SOLE |
| 83200N103 | SMARGBP | SMARTSHEET INC | $882,248 | 0.10% | 15,746 | Common | SOLE |
| 58470H101 | MED | MEDIFAST INC | $881,000 | 0.10% | 50,000 | PUT | SOLE |
| N6596X109 | NXPI | NXP SEMICONDUCTORS N V | $835,557 | 0.09% | 4,020 | Common | SOLE |
| 46222L108 | IONQ | IONQ INC | $835,400 | 0.09% | 20,000 | PUT | SOLE |
| N97284108 | NBIS | NEBIUS GROUP N.V. | $831,000 | 0.09% | 30,000 | Common | SOLE |
| 60783X104 | MODVQ | MODIVCARE INC | $811,040 | 0.09% | 68,500 | CALL | SOLE |
| 86337R202 | — | STRONGHOLD DIGITAL MINING IN | $796,638 | 0.09% | 227,611 | Common | SOLE |
| 50077B207 | KTOS | KRATOS DEFENSE SEC SOLUTIO | $791,400 | 0.09% | 30,000 | Common | SOLE |
| G1169T104 | MRLN | BLEICHROEDER ACQUISITION COR | $756,430 | 0.08% | 76,717 | Common | SOLE |
| 94419L101 | W | WAYFAIR INC | $753,440 | 0.08% | 17,000 | CALL | SOLE |
| 29446Y502 | EQX | EQUINOX GOLD CORP | $753,000 | 0.08% | 150,000 | PUT | SOLE |
| G21301109 | CCIX | CHURCHILL CAPITAL CORP IX | $752,930 | 0.08% | 73,100 | Common | SOLE |
| 13765YAF0 | — | CANNABIST CO | $750,000 | 0.08% | 1,000 | Common | SOLE |
| 13765YAC7 | — | CANNABIST CO | $750,000 | 0.08% | 1,000 | Common | SOLE |
| 65290E101 | NXT | NEXTRACKER INC | $730,600 | 0.08% | 20,000 | Common | SOLE |
| 349853101 | FWRDUSD | FORWARD AIR CORP | $725,625 | 0.08% | 22,500 | CALL | SOLE |
| 74022D407 | PDS | PRECISION DRILLING CORP | $671,770 | 0.07% | 11,000 | CALL | SOLE |
| 368036109 | — | GATOS SILVER INC | $634,818 | 0.07% | 45,409 | Common | SOLE |
| 78574H104 | SOC | SABLE OFFSHORE CORP | $609,850 | 0.07% | 26,631 | Common | SOLE |
| 22052L104 | CTVA | CORTEVA INC | $569,600 | 0.06% | 10,000 | PUT | SOLE |
| 88023U101 | SGI | TEMPUR SEALY INTL INC | $566,900 | 0.06% | 10,000 | CALL | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $556,750 | 0.06% | 5,000 | CALL | SOLE |
| G33033104 | KDK | ARES ACQUISITION CORP II | $549,000 | 0.06% | 50,000 | Common | SOLE |
| 65345N114 | NNAVW | NEXTNAV INC | $544,726 | 0.06% | 94,900 | Common | SOLE |
| 828363101 | SIL1EUR | SILVERCREST METALS INC | $543,570 | 0.06% | 59,733 | Common | SOLE |
| 93627C101 | HCC | WARRIOR MET COAL INC | $542,400 | 0.06% | 10,000 | CALL | SOLE |
| 233276104 | DMYY | DMY SQUARED TECHNOLOGY GROUP | $527,500 | 0.06% | 50,000 | Common | SOLE |
| 731068102 | PII | POLARIS INC | $518,580 | 0.06% | 9,000 | PUT | SOLE |
| 464287432 | TLT | ISHARES TR | $515,247 | 0.06% | 5,900 | PUT | SOLE |
| 87241L109 | TFII | TFI INTL INC | $513,342 | 0.06% | 3,800 | CALL | SOLE |
| 05577W200 | DOO | BRP INC | $508,700 | 0.06% | 10,000 | CALL | SOLE |
| 135086106 | GOOS | CANADA GOOSE HLDGS INC | $501,500 | 0.06% | 50,000 | CALL | SOLE |
| G01558108 | ALDF | ALDEL FINL II INC | $488,533 | 0.05% | 49,297 | Common | SOLE |
| 70614W100 | PTON | PELOTON INTERACTIVE INC | $474,385 | 0.05% | 54,527 | Common | SOLE |
| 185899101 | CLF | CLEVELAND-CLIFFS INC NEW | $470,000 | 0.05% | 50,000 | CALL | SOLE |
| 00217D100 | ASTS | AST SPACEMOBILE INC | $464,200 | 0.05% | 22,000 | Common | SOLE |
| 78574H104 | SOC | SABLE OFFSHORE CORP | $458,000 | 0.05% | 20,000 | CALL | SOLE |
| 91912E105 | VALE | VALE S A | $443,500 | 0.05% | 50,000 | CALL | SOLE |
| 39818P799 | PKST | PEAKSTONE REALTY TRUST | $429,616 | 0.05% | 38,809 | Common | SOLE |
| G4412G101 | HLF | HERBALIFE LTD | $401,400 | 0.04% | 60,000 | Common | SOLE |
| 64107A105 | NPWR | NET POWER INC | $381,632 | 0.04% | 36,037 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $380,800 | 0.04% | 10,000 | CALL | SOLE |
| 90328M107 | USNA | USANA HEALTH SCIENCES INC | $358,900 | 0.04% | 10,000 | Common | SOLE |
| 64119V303 | NTST | NETSTREIT CORP | $353,750 | 0.04% | 25,000 | PUT | SOLE |
| 29446Y502 | EQX | EQUINOX GOLD CORP | $351,400 | 0.04% | 70,000 | Common | SOLE |
| G8192N111 | — | SK GROWTH OPPORTUNITIES CORP | $341,619 | 0.04% | 569,365 | Common | SOLE |
| 63938C108 | NAVI | NAVIENT CORPORATION | $332,250 | 0.04% | 25,000 | PUT | SOLE |
| G65163118 | JOBY/WS | JOBY AVIATION INC | $315,566 | 0.04% | 156,221 | Common | SOLE |
| 006212104 | ADX | ADAMS DIVERSIFIED EQUITY FD | $312,656 | 0.03% | 15,478 | Common | SOLE |
| 090683103 | BTMD | BIOTE CORP | $306,843 | 0.03% | 49,651 | Common | SOLE |
| 09256A109 | CII | BLACKROCK ENHANCD CAP INM | $302,083 | 0.03% | 15,029 | Common | SOLE |
| G32901111 | FACTU | FACT II ACQUISITION CORP | $297,000 | 0.03% | 30,000 | Common | SOLE |
| 55087P104 | LYFT | LYFT INC | $296,700 | 0.03% | 23,000 | PUT | SOLE |
| 780910105 | RVT | ROYCE SMALL CAP TRUST INC | $295,823 | 0.03% | 18,723 | Common | SOLE |
| 92512J106 | VBNK | VERSABANK NEW | $285,947 | 0.03% | 20,646 | Common | SOLE |
| 82835W108 | SPRY | ARS PHARMACEUTICALS INC | $284,850 | 0.03% | 27,000 | CALL | SOLE |
| 74319B502 | PROF | PROFOUND MED CORP | $268,723 | 0.03% | 35,782 | Common | SOLE |
| 38071H122 | GROY/WS | GOLD ROYALTY CORP | $256,984 | 0.03% | 988,400 | Common | SOLE |
| 184499101 | CLNE | CLEAN ENERGY FUELS CORP | $251,000 | 0.03% | 100,000 | Common | SOLE |
| G75398100 | RZLV | REZOLVE AI LTD | $250,687 | 0.03% | 131,250 | Common | SOLE |
| 29109X106 | AZPN1USD | ASPEN TECHNOLOGY INC | $249,630 | 0.03% | 1,000 | Common | SOLE |
| 09260E105 | BMEZ | BLACKROCK HEALTH SCIENCES TE | $234,302 | 0.03% | 16,271 | Common | SOLE |
| 09251A104 | BDJ | BLACKROCK ENHANCED EQUITY DI | $231,708 | 0.03% | 27,984 | Common | SOLE |
| G2283U118 | — | COLOMBIER ACQUISITION CORP I | $226,574 | 0.03% | 141,609 | Common | SOLE |
| 880198205 | SABA | SABA CAPITAL INCOME OPPORT | $208,380 | 0.02% | 23,000 | Common | SOLE |
| 8342EP107 | XPL | SOLITARIO RESOURCES CORP | $205,851 | 0.02% | 348,900 | Common | SOLE |
| G3106N117 | — | EQV VENTURES ACQUISITION COR | $195,357 | 0.02% | 542,657 | Common | SOLE |
| 09262F100 | ECAT | BLACKROCK ESG CAP ALLC TERM | $186,665 | 0.02% | 11,382 | Common | SOLE |
| G4790U110 | — | INFLECTION PT ACQUISITN CRP | $182,539 | 0.02% | 372,529 | Common | SOLE |
| 67080R102 | NPFD | NUVEEN VRIABL RAT PFD INM | $182,300 | 0.02% | 10,000 | Common | SOLE |
| 00326W106 | ASGI | ABRDN GLOBAL INFRA INCOME FU | $175,300 | 0.02% | 10,000 | Common | SOLE |
| G1169T138 | BACQR | BLEICHROEDER ACQUISITION COR | $169,813 | 0.02% | 998,900 | Common | SOLE |
| G63212115 | MBAVW | M3BRIGADE ACQUISITION V CORP | $149,444 | 0.02% | 830,242 | Common | SOLE |
| 092667112 | — | BLADE AIR MOBILITY INC | $148,944 | 0.02% | 363,277 | Common | SOLE |
| 289074106 | ECF | ELLSWORTH GROWTH INCOME FD | $147,220 | 0.02% | 15,193 | Common | SOLE |
| 84741T104 | SPE | SPECIAL OPPORTUNITIES FD INC | $146,300 | 0.02% | 10,000 | Common | SOLE |
| 45667G103 | INFNEUR | INFINERA CORP | $134,297 | 0.01% | 20,441 | Common | SOLE |
| 98944F117 | ZEOWW | ZEO ENERGY CORP | $129,560 | 0.01% | 1,295,598 | Common | SOLE |
| G2949D112 | DYNCW | DYNAMIX CORP | $123,500 | 0.01% | 475,000 | Common | SOLE |
| 25065A502 | DMA | DESTRA MULTI-ALTERNATIVE FD | $121,232 | 0.01% | 14,330 | Common | SOLE |
| G2003N121 | BEAGR | BOLD EAGLE ACQUISITION CORP | $115,947 | 0.01% | 527,033 | Common | SOLE |
| 64107A113 | NPWR/WS | NET POWER INC | $107,305 | 0.01% | 29,807 | Common | SOLE |
| G1153L117 | — | BLACK SPADE ACQUISITION II C | $104,953 | 0.01% | 262,382 | Common | SOLE |
| 056623AA9 | — | BAFFINLAND IRON MINES CORP | $94,407 | 0.01% | 100 | Common | SOLE |
| 00258Y112 | ABLLW | ABACUS LIFE INC | $91,725 | 0.01% | 87,357 | Common | SOLE |
| G01558124 | ALDFW | ALDEL FINL II INC | $90,000 | 0.01% | 300,000 | Common | SOLE |
| G3730H114 | — | COHEN CIRCLE ACQUISITION COR | $88,924 | 0.01% | 197,609 | Common | SOLE |
| G9675P110 | — | WILLOW LANE ACQUISITION CORP | $87,199 | 0.01% | 544,994 | Common | SOLE |
| 66510M204 | NAK | NORTHERN DYNASTY MINERALS LT | $87,000 | 0.01% | 150,000 | CALL | SOLE |
| G33033120 | KDKRW | ARES ACQUISITION CORP II | $86,027 | 0.01% | 573,515 | Common | SOLE |
| G4411J114 | PITEF | HERAMBA ELEC PLC | $82,720 | 0.01% | 63,631 | Common | SOLE |
| G4R52R103 | HPAI | HELPORT AI LTD | $81,043 | 0.01% | 29,152 | Common | SOLE |
| G5S87A113 | LPBBW | LAUNCH TWO ACQUISITION CORP. | $76,852 | 0.01% | 426,958 | Common | SOLE |
| G5S86M126 | LPAAW | LAUNCH ONE ACQUISITION CORP | $72,774 | 0.01% | 519,816 | Common | SOLE |
| G93A7H112 | VACHW | VOYAGER ACQUISITION CORP | $62,544 | 0.01% | 521,200 | Common | SOLE |
| G32901129 | FACTW | FACT II ACQUISITION CORP | $56,501 | 0.01% | 376,675 | Common | SOLE |
| G6004G118 | MACIW | MELAR ACQUISITION CORP. I | $54,498 | 0.01% | 454,151 | Common | SOLE |
| 36352H100 | GAU | GALIANO GOLD INC | $52,521 | 0.01% | 42,700 | PUT | SOLE |
| G6363K114 | — | NABORS ENERGY TRANSITION COR | $47,191 | 0.01% | 294,946 | Common | SOLE |
| G43658122 | IMSRW | HCM II ACQUISITION CORP | $46,157 | 0.01% | 384,644 | Common | SOLE |
| G5501C117 | CUBWW | LIONHEART HOLDINGS | $45,465 | 0.01% | 413,314 | Common | SOLE |
| G9877L115 | CHARR | CHARLTON ARIA ACQUISITION CO | $42,000 | 0.00% | 300,000 | Common | SOLE |
| G20315118 | ALFUW | CENTURION ACQUISITION CORP | $41,377 | 0.00% | 295,553 | Common | SOLE |
| G5451A111 | LEGT/WS | LEGATO MERGER CORP III | $41,010 | 0.00% | 256,312 | Common | SOLE |
| G8431T119 | SIMAW | SIM ACQUISITION CORP. I | $40,672 | 0.00% | 406,721 | Common | SOLE |
| G6439S117 | NTWOW | NEWBURY STR II ACQUISITION C | $39,986 | 0.00% | 266,570 | Common | SOLE |
| 92854T118 | SEATW | VIVID SEATS INC | $39,776 | 0.00% | 110,490 | Common | SOLE |
| 693489114 | VEEAW | VEEA INC | $36,622 | 0.00% | 228,890 | Common | SOLE |
| G6717R112 | OACCW | OAKTREE ACQUISITION CORP III | $34,371 | 0.00% | 39,058 | Common | SOLE |
| G63369113 | MRNOW | MURANO GLOBAL INVTS PLC | $31,192 | 0.00% | 141,784 | Common | SOLE |
| G93Y09115 | VCICW | VINE HILL CAP INVT CORP. | $30,901 | 0.00% | 193,134 | Common | SOLE |
| G8316B118 | SPKLW | SPARK I ACQUISITION CORP | $26,602 | 0.00% | 266,020 | Common | SOLE |
| 67190B112 | — | OAK WOODS ACQUISITION CORP | $25,052 | 0.00% | 501,040 | Common | SOLE |
| 36170N115 | GCTS/WS | GCT SEMICONDUCTOR HLDG INC | $23,802 | 0.00% | 183,091 | Common | SOLE |
| G63290103 | PLMWF | PLUM ACQUISITION CORP III | $23,329 | 0.00% | 129,604 | Common | SOLE |
| 09769B115 | BSLKW | BOLT PROJS HLDGS INC | $18,000 | 0.00% | 300,000 | Common | SOLE |
| G83752116 | — | SPRING VALLEY ACQUISTN CORP | $17,402 | 0.00% | 348,041 | Common | SOLE |
| G38648120 | GIGGW | GIGCAPITAL7 CORP | $15,690 | 0.00% | 261,500 | Common | SOLE |
| G26745128 | POLEW | ANDRETTI ACQUISITION CORP II | $15,573 | 0.00% | 111,237 | Common | SOLE |
| G0131Y118 | ANSCW | AGRICULTURE NAT SOL ACQ CO | $14,823 | 0.00% | 54,900 | Common | SOLE |
| G2853N114 | DTSQR | DT CLOUD STAR ACQUISITION CO | $13,860 | 0.00% | 99,000 | Common | SOLE |
| G52443127 | KVACW | KEEN VISION ACQUISITION CORP | $11,230 | 0.00% | 224,607 | Common | SOLE |
| G2365L119 | — | CSLM ACQUISITION CORP | $10,712 | 0.00% | 133,900 | Common | SOLE |
| 44934N116 | IBACR | IB ACQUISITION CORP | $10,500 | 0.00% | 150,000 | Common | SOLE |
| G1000R127 | — | AA MISSION ACQUISITION CORP | $8,750 | 0.00% | 125,000 | Common | SOLE |
| G4411J106 | PITWF | HERAMBA ELEC PLC | $8,573 | 0.00% | 214,336 | Common | SOLE |
| 296424112 | ESHAR | ESH ACQUISITION CORP | $8,336 | 0.00% | 92,627 | Common | SOLE |
| 98400V119 | XBPEW | XBP EUROPE HOLDINGS INC | $7,155 | 0.00% | 178,872 | Common | SOLE |
| G83752132 | SVIRF | SPRING VALLEY ACQUISTN CORP | $7,000 | 0.00% | 100,000 | Common | SOLE |
| G12729128 | — | BOWEN ACQUISITION CORP | $5,919 | 0.00% | 29,596 | Common | SOLE |
| 066644113 | — | BANNIX ACQUISITION CORP | $4,452 | 0.00% | 148,397 | Common | SOLE |
| G4036C122 | GRAF/WS | GRAF GLOBAL CORP | $4,245 | 0.00% | 32,657 | Common | SOLE |
| G20873116 | CHEB/WS | CHENGHE ACQUISITION II CO | $4,201 | 0.00% | 105,037 | Common | SOLE |
| G75389117 | RFAIR | RF ACQUISITION CORP II | $3,000 | 0.00% | 50,000 | Common | SOLE |
| G0223V121 | ATMCW | ALPHATIME ACQUISITION CORP | $2,832 | 0.00% | 141,606 | Common | SOLE |
| 35088F115 | FORLW | FOUR LEAF ACQUISITION CORP | $2,777 | 0.00% | 55,548 | Common | SOLE |
| 97655B117 | WINVW | WINVEST ACQUISITION CORP | $2,577 | 0.00% | 257,731 | Common | SOLE |
| 124420118 | BYNOW | BYNORDIC ACQUISITION CORP | $2,202 | 0.00% | 55,050 | Common | SOLE |
| G4375F116 | — | HAYMAKER ACQUISITION CORP IV | $1,750 | 0.00% | 12,500 | 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.