| CCOOPMr. Cooper Group Inc. | 9.92% | 3,054,000 | $238M | held | — | 22 q |
| EETEnergy Transfer LP | 7.90% | 12,060,300 | $190M | held | — | 28 q |
| AAPOApollo Global Management, Inc. | 7.61% | 1,625,000 | $183M | held | — | 9 q |
| VVRTVertiv Holdings Co Class A | 7.15% | 2,100,000 | $172M | trimmed−11% | +1.78 pp | 15 q |
| WWSCWillScot Holdings Corporation Class A | 5.79% | 2,987,500 | $139M | held | — | 14 q |
| LLADLithia Motors, Inc. | 5.22% | 416,085 | $125M | held | — | 12 q |
| DDVNDevon Energy Corporation | 4.60% | 2,200,000 | $110M | held | — | 13 q |
| RRRXRegal Rexnord Corporation | 4.50% | 600,000 | $108M | held | — | 6 q |
M MSFTMicrosoft Corp | 4.31% | 245,705 | $103M | held | — | 34 q |
| CCIThe Cigna Group | 4.10% | 270,655 | $98M | held | — | 22 q |
G GOOGLAlphabet Inc. Class A | 4.09% | 650,000 | $98M | held | — | 15 q |
| AASHAshland Inc. | 3.98% | 982,047 | $96M | added+2% | +0.13 pp | 31 q |
| MMIRMirion Technologies, Inc. | 3.56% | 7,513,400 | $85M | held | — | 10 q |
| FFISVFiserv, Inc. | 3.20% | 480,000 | $77M | held | — | 19 q |
| LLVSLas Vegas Sands Corp. | 2.82% | 1,310,000 | $68M | added+7% | −0.04 pp | 11 q |
| EELVElevance Health, Inc. | 2.81% | 130,000 | $67M | held | — | 4 q |
| AADTADT Inc. | 1.72% | 6,150,000 | $41M | added+98% | +0.71 pp | 6 q |
| PPLGOPelagos Insurance Capital Limited | 1.63% | 2,012,523 | $39M | added+2% | +0.44 pp | 4 q |
| DDTMDT Midstream, Inc. | 1.62% | 634,770 | $39M | added+6% | +0.05 pp | 4 q |
| MMSIMotorola Solutions, Inc. New | 1.48% | 100,000 | $35M | held | — | 15 q |
| KKBRKBR, Inc. | 1.46% | 550,000 | $35M | new | +1.46 pp | new |
| MMPMP Materials Corp. | 1.43% | 2,400,000 | $34M | added0% | −0.83 pp | 14 q |
| SSTKLSunOpta, Inc. | 1.43% | 4,985,000 | $34M | held | — | 19 q |
| AABRArbor Realty Trust, Inc. | 1.31% | 2,381,194 | $32M | held | — | 38 q |
| EEPDEnterprise Products Partners L.P. | 1.11% | 916,535 | $27M | held | — | 6 q |
| MMANUManchester United PLC | 1.11% | 1,912,495 | $27M | added+23% | −0.40 pp | 3 q |
V VOOVanguard S&P 500 ETF | 0.90% | 45,173 | $22M | held | — | 12 q |
| CCCitigroup Inc. | 0.79% | 300,000 | $19M | held | — | 26 q |
| SSESea Limited | 0.54% | 240,000 | $13M | new | +0.54 pp | new |
| TTDAYUSA TODAY Co., Inc. | 0.40% | 3,969,393 | $10M | added+3% | −0.02 pp | 41 q |
| CCCAPCrescent Capital BDC, Inc. | 0.29% | 400,377 | $7M | held | — | 5 q |
E EFAiShares MSCI EAFE ETF | 0.20% | 60,937 | $5M | held | — | 12 q |
| FunresolvedFinance Of America Cos Inc | 0.18% | 6,000,000 | $4M | held | — | 12 q |
| MMSGSMadison Square Garden Sports Corp. | 0.15% | 20,000 | $4M | held | — | 3 q |
| OOMFOneMain Holdings, Inc. | 0.13% | 62,824 | $3M | held | — | 5 q |
| DDMACDiaMedica Therapeutics Inc. | 0.10% | 883,623 | $2M | held | — | 14 q |
| IIIshares Core Msci Europe ETF | 0.09% | 38,388 | $2M | held | — | 12 q |
| EEFCEllington Financial Inc. | 0.07% | 150,000 | $2M | trimmed−45% | −0.10 pp | 21 q |
| VVGKVanguard FTSE Europe ETF | 0.07% | 24,693 | $2M | added+22% | +0.01 pp | 12 q |
| VVGITVanguard Intermediate-Term Treasury ETF | 0.06% | 25,029 | $1M | added×4.4 | +0.04 pp | 7 q |
| EEWJiShares MSCI Japan ETF | 0.04% | 14,305 | $1M | held | — | 12 q |
| VVTEBVanguard Tax-Exempt Bond Index Fund | 0.03% | 12,876 | $651,526 | held | — | 6 q |
| UURTHiShares MSCI World ETF | 0.02% | 3,329 | $482,405 | held | — | 12 q |
| EEWCiShares MSCI Canada ETF | 0.02% | 12,531 | $479,687 | held | — | 12 q |
| VVISNVistance Networks, Inc. | 0.01% | 265,710 | $348,080 | held | — | 5 q |
| FFLCAFranklin FTSE Canada ETF | 0.01% | 5,750 | $199,468 | held | — | 2 q |
| EEPPiShares MSCI Pacific ex Japan ETF | 0.01% | 7,610 | $325,784 | held | — | 12 q |
| OOBDCBlue Owl Capital Corporation | 0.01% | 12,000 | $184,560 | held | — | 4 q |
| AAESAES Corporation | 0.00% | 900 | $16,137 | held | — | 18 q |
| BBBDCBarings BDC, Inc. | 0.00% | 2,643 | $24,580 | held | — | 14 q |
| 55AHPhx Minerals Inc | 0.00% | 8,950 | $30,520 | new | 0.00 pp | new |
| PPXDPioneer Natural Resource Co. | — | −200,000 | — | exited | −2.14 pp | — |
| SSCHOSchwab Short-Term U.S. Treasury ETF | — | −13,864 | — | exited | −0.03 pp | — |
