| Stock | Company | % Portfolio | Shares Held | Market Value | Change in Shares | % Change | Quarter End Price | Source |
|---|---|---|---|---|---|---|---|---|
| XLI | SELECT SECTOR SPDR TR (Put) | 17.93% | 6,500,000 | $1,002,495,000 | No Change | $154.23 | 13F | |
| XLI | SELECT SECTOR SPDR TR (Call) | 13.8% | 5,000,000 | $771,150,000 | -1,000,000 | -16.67% | $154.23 | 13F |
| XLB | SELECT SECTOR SPDR TR (Put) | 5.61% | 3,500,000 | $313,670,000 | No Change | $89.62 | 13F | |
| XLB | SELECT SECTOR SPDR TR (Call) | 4.41% | 2,750,000 | $246,455,000 | No Change | $89.62 | 13F | |
| FTV | FORTIVE CORP | 3.48% | 3,972,133 | $194,594,796 | 591,164 | 17.49% | $48.99 | 13F |
| ATKR | ATKORE INC | 3.3% | 2,944,048 | $184,709,572 | 315,859 | 12.02% | $62.74 | 13F |
| CARR | CARRIER GLOBAL CORPORATION | 3.13% | 2,927,506 | $174,772,108 | No Change | $59.7 | 13F | |
| DAR | DARLING INGREDIENTS INC | 3.08% | 5,575,909 | $172,128,311 | -1,378,064 | -19.82% | $30.87 | 13F |
| DVA | DAVITA INC | 2.83% | 1,190,383 | $158,166,189 | 91,403 | 8.32% | $132.87 | 13F |
| AMRZ | AMRIZE LTD | 2.75% | 3,169,304 | $153,806,323 | 1,192,545 | 60.33% | $48.53 | 13F |
| RTO | RENTOKIL INITIAL PLC | 2.7% | 5,987,619 | $151,187,380 | -159,309 | -2.59% | $25.25 | 13F |
| SPGI | S&P GLOBAL INC | 2.5% | 287,554 | $139,955,407 | No Change | $486.71 | 13F | |
| MBC | MASTERBRAND INC | 2.44% | 10,376,340 | $136,656,398 | -1,648,476 | -13.71% | $13.17 | 13F |
| RAL | RALLIANT CORP | 2.34% | 2,985,730 | $130,565,973 | 1,822,074 | 156.58% | $43.73 | 13F |
| CRH | CRH PLC | 2.29% | 1,066,695 | $127,896,731 | -266,370 | -19.98% | $119.9 | 13F |
| NVST | ENVISTA HOLDINGS CORPORATION | 2.27% | 6,222,973 | $126,761,960 | -105,210 | -1.66% | $20.37 | 13F |
| PNR | PENTAIR PLC | 2.14% | 1,080,956 | $119,726,687 | -135,759 | -11.16% | $110.76 | 13F |
| VLTO | VERALTO CORP | 1.98% | 1,036,048 | $110,453,077 | -98,476 | -8.68% | $106.61 | 13F |
| TIC | ACUREN CORP | 1.96% | 8,242,035 | $109,701,486 | 470,967 | 6.06% | $13.31 | 13F |
| GLPI | GAMING & LEISURE PPTYS INC | 1.96% | 2,347,616 | $109,422,382 | -240,406 | -9.29% | $46.61 | 13F |
| TKO | TKO GROUP HOLDINGS INC | 1.93% | 534,946 | $108,037,694 | 46,356 | 9.49% | $201.96 | 13F |
| ESI | ELEMENT SOLUTIONS INC | 1.9% | 4,222,324 | $106,275,895 | -2,448,502 | -36.7% | $25.17 | 13F |
| OTIS | OTIS WORLDWIDE CORP | 1.82% | 1,113,835 | $101,837,934 | 352,087 | 46.22% | $91.43 | 13F |
| AWI | ARMSTRONG WORLD INDS INC NEW | 1.68% | 479,720 | $94,029,917 | -79,856 | -14.27% | $196.01 | 13F |
| VICI | VICI PPTYS INC | 1.56% | 2,669,160 | $87,041,308 | No Change | $32.61 | 13F | |
| GTX | GARRETT MOTION INC | 1.54% | 6,322,622 | $86,114,112 | -156,795 | -2.42% | $13.62 | 13F |
| APG | API GROUP CORP | 1.31% | 2,123,976 | $73,001,055 | 409,936 | 23.92% | $34.37 | 13F |
| WH | WYNDHAM HOTELS & RESORTS INC | 1.15% | 806,778 | $64,461,562 | 176,500 | 28% | $79.9 | 13F |
| LW | LAMB WESTON HLDGS INC | 1.14% | 1,096,923 | $63,709,288 | -373,202 | -25.39% | $58.08 | 13F |
| NEOG | NEOGEN CORP | 1.11% | 10,900,452 | $62,241,581 | -1,893,489 | -14.8% | $5.71 | 13F |
| CCSI | CONSENSUS CLOUD SOLUTIONS IN | 0.72% | 1,371,014 | $40,266,681 | -84,976 | -5.84% | $29.37 | 13F |
| XBP | XBP GLOBAL HOLDINGS INC | 0.46% | 31,931,506 | $25,768,725 | 31,931,506 | New | $0.81 | 13F |
| DAR | DARLING INGREDIENTS INC (Call) | 0.44% | 790,000 | $24,387,300 | 790,000 | New | $30.87 | 13F |
| GTLS | CHART INDS INC | 0.33% | 92,000 | $18,413,800 | -921,128 | -90.92% | $200.15 | 13F |
| CARR | CARRIER GLOBAL CORPORATION (Put) | -1,250,000 | Exited | 13F | ||||
| MERC | MERCER INTL INC | -1,003,824 | Exited | 13F |