| AAMERICAN AIRLINES GROUP INCAAL |
| 10.43% | 8.06% | $108.4M | 6.0M | $69.1M | 6.4M | -433,877-6.74% | Reduce |
 UNITED AIRLS HLDGS INC COMUAL |
| 10.21% | 8.42% | $106.2M | 780,724 | $72.2M | 784,599 | -3,875-0.49% | Reduce |
 SOUTHWEST AIRLS CO COMLUV |
| 9.82% | 7.31% | $102.1M | 2.0M | $62.7M | 1.7M | +317,282+19.02% | Add |
 DELTA AIR LINES INCDAL |
| 9.68% | 9.08% | $100.7M | 1.1M | $77.9M | 1.2M | -96,733-8.26% | Reduce |
| AALLEGIANT TRAVEL COALGT |
| 3.93% | 2.83% | $40.8M | 347,245 | $24.2M | 299,225 | +48,020+16.05% | Add |
| FFRONTIER GROUP HLDGS INCULCC |
| 3.74% | 2.79% | $38.9M | 4.9M | $23.9M | 6.8M | -1.9M-27.53% | Reduce |
| JJETBLUE AIRWAYS CORPJBLU |
| 3.3% | 2.86% | $34.4M | 6.0M | $24.5M | 5.5M | +453,695+8.19% | Add |
| AALASKA AIR GROUP INCALK |
| 3.21% | 2.56% | $33.4M | 639,713 | $21.9M | 596,572 | +43,141+7.23% | Add |
 SKYWEST INCSKYW |
| 3.18% | 2.76% | $33.1M | 333,087 | $23.7M | 257,593 | +75,494+29.31% | Add |
| AAYA GOLD & SILVER INCAYA |
| 2.05% | — | $21.3M | 1.1M | $0 | 0 | +1.1M | New Buy |
| SSABRE CORP COMSABR |
| 1.99% | 1.27% | $20.7M | 9.9M | $10.9M | 7.5M | +2.4M+31.20% | Add |
| TTRIPADVISOR INCTRIP |
| 1.84% | 1.71% | $19.1M | 1.4M | $14.6M | 1.4M | +21,033+1.53% | Add |
 EXPEDIA GROUP INCEXPE |
| 1.82% | 1.51% | $18.9M | 73,940 | $12.9M | 56,029 | +17,911+31.97% | Add |
 OR ROYALTIES INC.OR |
| 1.77% | 2.37% | $18.4M | 580,723 | $20.3M | 534,625 | +46,098+8.62% | Add |
 BOOKING HOLDINGS INC COMBKNG |
| 1.74% | 1.48% | $18.1M | 101,546 | $12.7M | 3,008 | +98,538+3,275.86% | Add |
 FRANCO NEV CORPFNV |
| 1.62% | 2.43% | $16.8M | 80,622 | $20.9M | 84,410 | -3,788-4.49% | Reduce |
 GENERAL DYNAMICS CORPGD |
| 1.58% | 1.44% | $16.4M | 46,295 | $12.4M | 36,097 | +10,198+28.25% | Add |
 TEXTRON INCTXT |
| 1.56% | 1.43% | $16.3M | 177,167 | $12.3M | 139,954 | +37,213+26.59% | Add |
 BOEING COBA |
| 1.56% | 1.45% | $16.2M | 74,907 | $12.5M | 62,592 | +12,315+19.68% | Add |
 WHEATON PRECIOUS METALS CORPWPM |
| 1.51% | 0.44% | $15.7M | 139,426 | $3.8M | 29,064 | +110,362+379.72% | Add |
| IIAMGOLD CORPIAG |
| 1.34% | 2.13% | $13.9M | 878,486 | $18.3M | 971,581 | -93,095-9.58% | Reduce |
 AMERICAS GOLD AND SILVER CORUSAS |
| 1.19% | 1.1% | $12.4M | 2.6M | $9.4M | 1.8M | +825,000+45.83% | Add |
| LLATAM AIRLINES GROUP SALTM |
| 0.9% | 0.78% | $9.4M | 161,198 | $6.7M | 136,140 | +25,058+18.41% | Add |
| RRYANAIR HOLDINGS PLC SPONSORED ADRRYAAY |
| 0.87% | 0.7% | $9.0M | 139,753 | $6.0M | 104,201 | +35,552+34.12% | Add |
| EENDEAVOUR SILVER CORP COMEXK |
| 0.83% | 0.32% | $8.6M | 1.0M | $2.8M | 295,200 | +748,000+253.39% | Add |
 PAN AMERN SILVER CORPPAAS |
| 0.76% | 0.47% | $7.9M | 176,555 | $4.0M | 73,555 | +103,000+140.03% | Add |
 VOX ROYALTY CORPVOXR |
| 0.76% | 1.02% | $7.9M | 1.7M | $8.7M | 1.7M | 00.00% | Unchanged |
| CCOEUR MNG INCCDE |
| 0.69% | 1.82% | $7.2M | 439,303 | $15.6M | 829,850 | -390,547-47.06% | Reduce |
 TRIP COM GROUP LTDTCOM |
| 0.67% | 0.72% | $7.0M | 175,270 | $6.1M | 123,343 | +51,927+42.10% | Add |
| HHARMONY GOLD MNG LTDHMY |
| 0.63% | 0.71% | $6.5M | 428,647 | $6.1M | 397,947 | +30,700+7.71% | Add |
| FFORTUNA MNG CORPFSM |
| 0.6% | 0.44% | $6.3M | 743,591 | $3.8M | 383,650 | +359,941+93.82% | Add |
| BBARRICK MNG CORPGOLD |
| 0.6% | 0.68% | $6.2M | 170,000 | $5.8M | 142,865 | +27,135+18.99% | Add |
| AARIS MNG CORPARIS |
| 0.57% | 0.74% | $6.0M | 400,000 | $6.3M | 340,000 | +60,000+17.65% | Add |
 MAKEMYTRIP LIMITED MAURITIUSMMYT |
| 0.51% | 0.61% | $5.3M | 99,379 | $5.2M | 140,706 | -41,327-29.37% | Reduce |
 TRIPLE FLAG PRECIOUS METALTFPM |
| 0.5% | 0.24% | $5.2M | 172,000 | $2.1M | 60,000 | +112,000+186.67% | Add |
| CCENTERRA GOLD INCCGAU |
| 0.46% | 0.91% | $4.7M | 300,000 | $7.8M | 438,452 | -138,452-31.58% | Reduce |
 GRUPO AEROPORTUARIO DEL CENTOMAB |
| 0.46% | 0.4% | $4.7M | 41,857 | $3.5M | 30,150 | +11,707+38.83% | Add |
| EEMBRAER S.A.FGM |
| 0.45% | 0.78% | $4.7M | 73,982 | $6.7M | 113,029 | -39,047-34.55% | Reduce |
 AGNICO EAGLE MINES LTDAEM |
| 0.45% | 1.4% | $4.7M | 30,000 | $12.0M | 59,133 | -29,133-49.27% | Reduce |
 NEWMONT CORPNEM |
| 0.45% | 0.46% | $4.6M | 49,739 | $4.0M | 36,830 | +12,909+35.05% | Add |
| CCOPA HOLDINGS SACPA |
| 0.45% | 0.38% | $4.6M | 29,833 | $3.2M | 28,507 | +1,326+4.65% | Add |
| GGRUPO AEROPORTUARIO DEL SUREASR |
| 0.43% | 0.39% | $4.5M | 14,624 | $3.4M | 9,988 | +4,636+46.42% | Add |
| MMETALLA RTY & STREAMING LTDMTA |
| 0.41% | 0.45% | $4.3M | 558,500 | $3.8M | 578,500 | -20,000-3.46% | Reduce |
 AVINO SILVER & GOLD MINES LTASM |
| 0.37% | 0.07% | $3.9M | 610,000 | $632,000 | 100,000 | +510,000+510.00% | Add |
 VIZSLA SILVER CORPVZLA |
| 0.33% | 0.41% | $3.4M | 1.1M | $3.5M | 1.1M | 00.00% | Unchanged |
| AAURA MINERALS INCAUGO |
| 0.3% | 0.95% | $3.1M | 50,000 | $8.2M | 100,000 | -50,000-50.00% | Reduce |
| SSSR MINING INSSRM |
| 0.3% | 0.38% | $3.1M | 110,000 | $3.2M | 110,000 | 00.00% | Unchanged |
 ALAMOS GOLD INC NEW FCLASS AAGI |
| 0.29% | 1.04% | $3.0M | 100,000 | $8.9M | 201,021 | -101,021-50.25% | Reduce |
 FERRARI N V COMRACE |
| 0.28% | 0.31% | $3.0M | 7,925 | $2.7M | 7,925 | 00.00% | Unchanged |
 TESLA INCTSLA |
| 0.26% | 0.31% | $2.7M | 6,450 | $2.6M | 7,100 | -650-9.15% | Reduce |
