| SSTATE STR SPDR S&P 500 ETF TSPY |
| 24.09% | 30.44% | $298.7M | 400,000 | $325.2M | 500,000 | -100,000-20.00% | Reduce |
| IISHARES GOLD TRIAU |
| 20.48% | — | $254.0M | 3.4M | $0 | 0 | +3.4M | New Buy |
| SSHARONAI HOLDINGS INC |
| 10.22% | — | $126.7M | 108.5M | $0 | 0 | +108.5M | New Buy |
 TELEPHONE & DATA SYS INCTDS |
| 5% | — | $62.0M | 1.7M | $0 | 0 | +1.7M | New Buy |
| MMASTERBRAND INCMBC |
| 3.97% | 1.2% | $49.2M | 4.8M | $12.8M | 1.5M | +3.2M+209.23% | Add |
| UUNITI GROUP LLC COM SHSUNIT |
| 3.7% | 4.99% | $45.9M | 4.0M | $53.3M | 5.7M | -1.7M-29.60% | Reduce |
| SSPACE EXPLORATION TECHN CORPSPCX |
| 3.44% | — | $42.7M | 250,000 | $0 | 0 | +250,000 | New Buy |
| FFORTUNE BRANDS INNOVATIONS IFBIN |
| 3.08% | 2.48% | $38.2M | 696,350 | $26.5M | 680,000 | +16,350+2.40% | Add |
| EECHOSTAR CORP CLASS CLASS AECHO |
| 2.81% | 16.3% | $34.9M | 343,854 | $174.2M | 1.5M | -1.1M-76.89% | Reduce |
 JAMES HARDIE INDS PLC ORD SHSJHX |
| 2.47% | 0.09% | $30.7M | 1.2M | $947,000 | 50,000 | +1.1M+2,244.22% | Add |
| WWOLFSPEED INCWOLF |
| 2.39% | — | $29.7M | 12.0M | $0 | 0 | +12.0M | New Buy |
 ARDAUGH METAL PACKAGING COMAMBP |
| 1.92% | 1.69% | $23.8M | 5.0M | $18.1M | 4.5M | +563,045+12.60% | Add |
| CCOMMSCOPE HLDG CO INCVISN |
| 1.8% | 1.36% | $22.4M | 1.8M | $14.6M | 800,000 | +950,000+118.75% | Add |
 COMCAST CORP NEW CL ACMCSA |
| 1.66% | — | $20.6M | 840,000 | $0 | 0 | +840,000 | New Buy |
| OOVINTIV INC COMOVV |
| 1.66% | — | $20.5M | 390,000 | $0 | 0 | +390,000 | New Buy |
| KKEEL INFRASTRUCTURE CORPKEEL |
| 1.18% | — | $14.6M | 12.5M | $0 | 0 | +12.5M | New Buy |
 MAGNERA CORP COM SHSMAGN |
| 1.14% | 1.07% | $14.2M | 1.2M | $11.5M | 1.2M | 00.00% | Unchanged |
| SSILA REALTY TRUST INCSILA |
| 1.07% | 2.33% | $13.3M | 437,473 | $24.9M | 1.1M | -612,956-58.35% | Reduce |
| SSOLARIS ENERGY INFRAS INCSEI |
| 0.97% | — | $12.1M | 150,000 | $0 | 0 | +150,000 | New Buy |
| CCOLUMBUS MCKINNON CORP N Y COMCMCO |
| 0.87% | 0.97% | $10.8M | 715,783 | $10.4M | 715,783 | 00.00% | Unchanged |
 CHARTER COMMUNICATIONSCHTR |
| 0.86% | — | $10.7M | 75,000 | $0 | 0 | +75,000 | New Buy |
| KKEEL INFRASTRUCTURE CORPKEEL |
| 0.72% | — | $8.9M | 8.0M | $0 | 0 | +8.0M | New Buy |
| CCEREBRAS SYS INC CLASS ACBRS |
| 0.62% | — | $7.7M | 35,000 | $0 | 0 | +35,000 | New Buy |
 NUVEEN CHURCHILL DIRECT LENDIN COM SHSNCDL |
| 0.61% | 1.64% | $7.5M | 604,645 | $17.5M | 1.4M | -774,716-56.16% | Reduce |
| WWINGSTOP INCWING |
| 0.56% | — | $6.9M | 40,000 | $0 | 0 | +40,000 | New Buy |
| PPENNANTPARK FLOATING RATE CAP COMPFLT |
| 0.54% | 1.25% | $6.7M | 900,000 | $13.3M | 1.7M | -755,246-45.63% | Reduce |
 COMMUNITY HEALTH SYS INC NEW COMCYH |
| 0.49% | — | $6.1M | 1.8M | $0 | 0 | +1.8M | New Buy |
 CARLYLE SECD LENDING INCCGBD |
| 0.43% | — | $5.4M | 508,387 | $0 | 0 | +508,387 | New Buy |
| BBRINKER INTL INCEAT |
| 0.4% | — | $5.0M | 29,500 | $0 | 0 | +29,500 | New Buy |
| FFORWARD AIR CORPFWRD |
| 0.38% | — | $4.7M | 350,000 | $0 | 0 | +350,000 | New Buy |
| SSOLV ENERGY INCMWH |
| 0.22% | — | $2.7M | 80,000 | $0 | 0 | +80,000 | New Buy |
| IINNIO NVINIO |
| 0.16% | — | $2.0M | 50,000 | $0 | 0 | +50,000 | New Buy |
 BARINGS BDC INCBBDC |
| 0.07% | 1.13% | $822,938 | 96,589 | $12.1M | 1.5M | -1.4M-93.44% | Reduce |
