| CCOOPMr. Cooper Group Inc. | 9.80% | 2,860,600 | $232M | trimmed−6% | −0.12 pp | 23 q |
| EETEnergy Transfer LP | 8.40% | 12,272,800 | $199M | added+2% | +0.50 pp | 29 q |
| VVRTVertiv Holdings Co Class A | 7.67% | 2,100,000 | $182M | held | — | 16 q |
| AAPOApollo Global Management, Inc. | 7.60% | 1,525,000 | $180M | trimmed−6% | −0.01 pp | 10 q |
| WWSCWillScot Holdings Corporation Class A | 5.73% | 3,607,500 | $136M | added+21% | −0.06 pp | 15 q |
G GOOGLAlphabet Inc. Class A | 5.00% | 650,000 | $118M | held | — | 16 q |
| LLADLithia Motors, Inc. | 4.43% | 416,085 | $105M | held | — | 13 q |
| DDVNDevon Energy Corporation | 4.40% | 2,200,000 | $104M | held | — | 14 q |
| RRRXRegal Rexnord Corporation | 3.99% | 700,000 | $95M | added+17% | −0.51 pp | 7 q |
| AASHAshland Inc. | 3.92% | 982,047 | $93M | held | — | 32 q |
| CCIThe Cigna Group | 3.78% | 270,655 | $89M | held | — | 23 q |
| MMIRMirion Technologies, Inc. | 3.63% | 8,000,000 | $86M | added+6% | +0.07 pp | 11 q |
| FFISVFiserv, Inc. | 3.02% | 480,000 | $72M | held | — | 20 q |
| EELVElevance Health, Inc. | 2.97% | 130,000 | $70M | held | — | 5 q |
| LLVSLas Vegas Sands Corp. | 2.80% | 1,500,000 | $66M | added+15% | −0.02 pp | 12 q |
| KKBRKBR, Inc. | 2.17% | 800,000 | $51M | added+45% | +0.71 pp | 2 q |
| AADTADT Inc. | 1.99% | 6,204,600 | $47M | added+1% | +0.27 pp | 7 q |
M MSFTMicrosoft Corp | 1.99% | 105,705 | $47M | trimmed−57% | −2.32 pp | 35 q |
| DDTMDT Midstream, Inc. | 1.90% | 634,770 | $45M | held | — | 5 q |
| PPLGOPelagos Insurance Capital Limited | 1.89% | 2,747,523 | $45M | added+37% | +0.26 pp | 5 q |
| MMPMP Materials Corp. | 1.84% | 3,425,000 | $44M | added+43% | +0.41 pp | 15 q |
| MMSIMotorola Solutions, Inc. New | 1.63% | 100,000 | $39M | held | — | 16 q |
| AABRArbor Realty Trust, Inc. | 1.44% | 2,381,194 | $34M | held | — | 39 q |
| MMANUManchester United PLC | 1.42% | 2,080,369 | $34M | added+9% | +0.31 pp | 4 q |
| SSTKLSunOpta, Inc. | 1.20% | 5,279,665 | $29M | added+6% | −0.23 pp | 20 q |
| EEPDEnterprise Products Partners L.P. | 1.12% | 916,535 | $27M | held | — | 7 q |
V VOOVanguard S&P 500 ETF | 0.95% | 45,173 | $23M | held | — | 13 q |
| TTDAYUSA TODAY Co., Inc. | 0.78% | 3,996,014 | $18M | added+1% | +0.38 pp | 42 q |
| SSESea Limited | 0.72% | 240,000 | $17M | held | — | 2 q |
| PPARAParamount Global-class B | 0.45% | 1,025,000 | $11M | new | +0.45 pp | new |
E EFAiShares MSCI EAFE ETF | 0.20% | 60,937 | $5M | held | — | 13 q |
| DDMACDiaMedica Therapeutics Inc. | 0.17% | 1,400,000 | $4M | added+58% | +0.07 pp | 15 q |
| MMSGSMadison Square Garden Sports Corp. | 0.16% | 20,000 | $4M | held | — | 4 q |
| FunresolvedFinance Of America Cos Inc | 0.14% | 6,645,798 | $3M | added+11% | −0.04 pp | 13 q |
| OOMFOneMain Holdings, Inc. | 0.12% | 60,467 | $3M | trimmed−4% | −0.01 pp | 6 q |
| IIIshares Core Msci Europe ETF | 0.09% | 38,388 | $2M | held | — | 13 q |
| EEFCEllington Financial Inc. | 0.08% | 150,000 | $2M | held | — | 22 q |
| CCCAPCrescent Capital BDC, Inc. | 0.07% | 89,917 | $2M | trimmed−78% | −0.22 pp | 6 q |
| VVGKVanguard FTSE Europe ETF | 0.07% | 24,693 | $2M | held | — | 13 q |
| VVGITVanguard Intermediate-Term Treasury ETF | 0.06% | 25,029 | $1M | held | — | 8 q |
| EEWJiShares MSCI Japan ETF | 0.04% | 14,305 | $976,173 | held | — | 13 q |
| 55AHPhx Minerals Inc | 0.04% | 312,208 | $1M | added×34.9 | +0.04 pp | 2 q |
| VVTEBVanguard Tax-Exempt Bond Index Fund | 0.03% | 12,876 | $645,216 | held | — | 7 q |
| UURTHiShares MSCI World ETF | 0.02% | 3,329 | $490,994 | held | — | 13 q |
| EEWCiShares MSCI Canada ETF | 0.02% | 12,531 | $464,775 | held | — | 13 q |
| PPNSTQPinstripes Holdings Inc A | 0.01% | 68,824 | $189,266 | new | +0.01 pp | new |
| VVISNVistance Networks, Inc. | 0.01% | 265,710 | $326,823 | held | — | 6 q |
| FFLCAFranklin FTSE Canada ETF | 0.01% | 5,750 | $192,543 | held | — | 3 q |
| EEPPiShares MSCI Pacific ex Japan ETF | 0.01% | 7,610 | $327,230 | held | — | 13 q |
| OOBDCBlue Owl Capital Corporation | 0.01% | 12,000 | $184,320 | held | — | 5 q |
| AAESAES Corporation | 0.00% | 900 | $15,813 | held | — | 19 q |
| BBBDCBarings BDC, Inc. | 0.00% | 2,643 | $25,716 | held | — | 15 q |
| CCCitigroup Inc. | — | −300,000 | — | exited | −0.79 pp | — |
