| SSTATE STR SPDR S&P 500 ETF TSPY |
| 47.62% | — | $205.4M | 275,000 | $0 | 0 | +275,000 | New Buy |
| XXPLR INFRASTRUCTURE L LPXIFR |
| 12.24% | 10.51% | $52.8M | 4.5M | $71.3M | 6.7M | -2.2M-33.45% | Reduce |
 VISTRA CORPVST |
| 6.52% | 4.21% | $28.1M | 177,300 | $28.6M | 190,000 | -12,700-6.68% | Reduce |
 ANTERO RESOURCES CORPAR |
| 5.41% | 3.39% | $23.3M | 664,400 | $23.0M | 542,862 | +121,538+22.39% | Add |
| KKODIAK GAS SVCS INCKGS |
| 5.24% | 10.21% | $22.6M | 300,630 | $69.3M | 1.2M | -887,470-74.70% | Reduce |
 WILLIAMS COS INCWMB |
| 4.1% | 3.18% | $17.7M | 237,800 | $21.6M | 296,100 | -58,300-19.69% | Reduce |
| TTALEN ENERGY CORPTLN |
| 4.03% | 2% | $17.4M | 45,250 | $13.6M | 42,509 | +2,741+6.45% | Add |
| SSOLARIS ENERGY INFRAS INCSEI |
| 2.43% | — | $10.5M | 130,300 | $0 | 0 | +130,300 | New Buy |
| HHUT 8 CORPHUT |
| 2.32% | 0.44% | $10.0M | 86,697 | $3.0M | 63,534 | +23,163+36.46% | Add |
| TTERAWULF INC COMWULF |
| 1.88% | 0.45% | $8.1M | 327,970 | $3.1M | 212,370 | +115,600+54.43% | Add |
| IISHARES BITCOIN TRUST ETFIBIT |
| 1.54% | — | $6.7M | 200,000 | $0 | 0 | +200,000 | New Buy |
 DEVON ENERGY CORP NEWDVN |
| 1.4% | — | $6.0M | 146,300 | $0 | 0 | +146,300 | New Buy |
| DDPC HOLDINGS PLCDPC |
| 1.14% | — | $4.9M | 100,000 | $0 | 0 | +100,000 | New Buy |
 IVANHOE ELECTRIC INCIE |
| 1.1% | 4.59% | $4.8M | 495,000 | $31.2M | 2.6M | -2.1M-81.23% | Reduce |
| BBKV CORPBKV |
| 0.86% | 0.08% | $3.7M | 135,352 | $541,880 | 19,000 | +116,352+612.38% | Add |
 CSX CORPCSX |
| 0.74% | — | $3.2M | 66,800 | $0 | 0 | +66,800 | New Buy |
 UNION PAC CORPUNP |
| 0.73% | — | $3.1M | 11,500 | $0 | 0 | +11,500 | New Buy |
| CCIPHER DIGITAL INCCIFR |
| 0.48% | — | $2.1M | 84,800 | $0 | 0 | +84,800 | New Buy |
| SSPACE EXPLORATION TECHN CORPSPCX |
| 0.2% | — | $854,300 | 5,000 | $0 | 0 | +5,000 | New Buy |
| VVENTURE GLOBAL INC CLASS AVG |
| 0.02% | — | $86,703 | 7,790 | $0 | 0 | +7,790 | New Buy |
