Hedge fund · CIK 0001791786
Quarter end
2026-03-31
Reported value
$99.79B
Positions disclosed
128
As of 2026-03-31 (SEC Form 13F-HR)
| # | Issuer | CUSIP | Shares | Value | % of port |
|---|---|---|---|---|---|
| 1 | TRIPLE FLAG PRECIOUS METAL | 89679M104 | 133,248,215 | $4.63B | 4.63% |
| 2 | TRIPLE FLAG PRECIOUS METAL | 89679M104 | 133,248,215 | $4.63B | 4.63% |
| 3 | TRIPLE FLAG PRECIOUS METAL | 89679M104 | 133,248,215 | $4.63B | 4.63% |
| 4 | TRIPLE FLAG PRECIOUS METAL | 89679M104 | 133,248,215 | $4.63B | 4.63% |
| 5 | TRIPLE FLAG PRECIOUS METAL | 89679M104 | 133,248,215 | $4.63B | 4.63% |
| 6 | TRIPLE FLAG PRECIOUS METAL | 89679M104 | 133,248,215 | $4.63B | 4.63% |
| 7 | PHILLIPS 66 | 718546104 | 19,251,000 | $3.51B | 3.51% |
| 8 | PHILLIPS 66 | 718546104 | 19,251,000 | $3.51B | 3.51% |
| 9 | PHILLIPS 66 | 718546104 | 19,251,000 | $3.51B | 3.51% |
| 10 | PHILLIPS 66 | 718546104 | 19,251,000 | $3.51B | 3.51% |
| 11 | PHILLIPS 66 | 718546104 | 19,251,000 | $3.51B | 3.51% |
| 12 | PHILLIPS 66 | 718546104 | 19,251,000 | $3.51B | 3.51% |
| 13 | SUNCOR ENERGY INC NEW | 867224107 | 52,670,800 | $3.48B | 3.49% |
| 14 | SUNCOR ENERGY INC NEW | 867224107 | 52,670,800 | $3.48B | 3.49% |
| 15 | SUNCOR ENERGY INC NEW | 867224107 | 52,670,800 | $3.48B | 3.49% |
| 16 | SUNCOR ENERGY INC NEW | 867224107 | 52,670,800 | $3.48B | 3.49% |
| 17 | SUNCOR ENERGY INC NEW | 867224107 | 52,670,800 | $3.48B | 3.49% |
| 18 | SUNCOR ENERGY INC NEW | 867224107 | 52,670,800 | $3.48B | 3.49% |
| 19 | SELECT SECTOR SPDR TR(STATE STREET IND)PUT | 81369Y704 | 7,500,000 | $1.21B | 1.22% |
| 20 | SOUTHWEST AIRLS CO | 844741108 | 30,346,000 | $1.14B | 1.14% |
| 21 | SOUTHWEST AIRLS CO | 844741108 | 30,346,000 | $1.14B | 1.14% |
| 22 | SOUTHWEST AIRLS CO | 844741108 | 30,346,000 | $1.14B | 1.14% |
| 23 | SOUTHWEST AIRLS CO | 844741108 | 30,346,000 | $1.14B | 1.14% |
| 24 | SOUTHWEST AIRLS CO | 844741108 | 30,346,000 | $1.14B | 1.14% |
| 25 | SOUTHWEST AIRLS CO | 844741108 | 30,346,000 | $1.14B | 1.14% |
| 26 | SELECT SECTOR SPDR TR(STATE STREET CON)PUT | 81369Y308 | 9,140,000 | $749.3M | 0.75% |
| 27 | HEWLETT PACKARD ENTERPRISE C | 42824C109 | 27,421,735 | $652.9M | 0.65% |
| 28 | HEWLETT PACKARD ENTERPRISE C | 42824C109 | 27,421,735 | $652.9M | 0.65% |
| 29 | HEWLETT PACKARD ENTERPRISE C | 42824C109 | 27,421,735 | $652.9M | 0.65% |
| 30 | HEWLETT PACKARD ENTERPRISE C | 42824C109 | 27,421,735 | $652.9M | 0.65% |
| 31 | HEWLETT PACKARD ENTERPRISE C | 42824C109 | 27,421,735 | $652.9M | 0.65% |
| 32 | HEWLETT PACKARD ENTERPRISE C | 42824C109 | 27,421,735 | $652.9M | 0.65% |
| 33 | UNITI GROUP LLC(COM SHS) | 912932100 | 59,012,219 | $553.5M | 0.55% |
| 34 | UNITI GROUP LLC(COM SHS) | 912932100 | 59,012,219 | $553.5M | 0.55% |
| 35 | UNITI GROUP LLC(COM SHS) | 912932100 | 59,012,219 | $553.5M | 0.55% |
| 36 | UNITI GROUP LLC(COM SHS) | 912932100 | 59,012,219 | $553.5M | 0.55% |
| 37 | UNITI GROUP LLC(COM SHS) | 912932100 | 59,012,219 | $553.5M | 0.55% |
| 38 | UNITI GROUP LLC(COM SHS) | 912932100 | 59,012,219 | $553.5M | 0.55% |
| 39 | PINTEREST INC(CL A) | 72352L106 | 28,000,000 | $513.5M | 0.51% |
| 40 | PINTEREST INC(CL A) | 72352L106 | 28,000,000 | $513.5M | 0.51% |
| 41 | PINTEREST INC(CL A) | 72352L106 | 28,000,000 | $513.5M | 0.51% |
| 42 | PINTEREST INC(CL A) | 72352L106 | 28,000,000 | $513.5M | 0.51% |
| 43 | PINTEREST INC(CL A) | 72352L106 | 28,000,000 | $513.5M | 0.51% |
| 44 | PINTEREST INC(CL A) | 72352L106 | 28,000,000 | $513.5M | 0.51% |
| 45 | SELECT SECTOR SPDR TR(STATE STREET CON)PUT | 81369Y407 | 4,300,000 | $468.6M | 0.47% |
| 46 | ISHARES TR(IBOXX HI YD ETF)PUT | 464288513 | 5,000,000 | $397.8M | 0.40% |
| 47 | DIGITAL RLTY TR INCPUT | 253868103 | 1,500,000 | $270.3M | 0.27% |
| 48 | ETSY INC | 29786A106 | 5,000,000 | $249.9M | 0.25% |
| 49 | ETSY INC | 29786A106 | 5,000,000 | $249.9M | 0.25% |
| 50 | ETSY INC | 29786A106 | 5,000,000 | $249.9M | 0.25% |
| 51 | ETSY INC | 29786A106 | 5,000,000 | $249.9M | 0.25% |
| 52 | ETSY INC | 29786A106 | 5,000,000 | $249.9M | 0.25% |
| 53 | ETSY INC | 29786A106 | 5,000,000 | $249.9M | 0.25% |
| 54 | NORWEGIAN CRUISE LINE HLDGS(SHS) | G66721104 | 13,186,000 | $246.6M | 0.25% |
| 55 | NORWEGIAN CRUISE LINE HLDGS(SHS) | G66721104 | 13,186,000 | $246.6M | 0.25% |
| 56 | NORWEGIAN CRUISE LINE HLDGS(SHS) | G66721104 | 13,186,000 | $246.6M | 0.25% |
| 57 | NORWEGIAN CRUISE LINE HLDGS(SHS) | G66721104 | 13,186,000 | $246.6M | 0.25% |
| 58 | NORWEGIAN CRUISE LINE HLDGS(SHS) | G66721104 | 13,186,000 | $246.6M | 0.25% |
| 59 | NORWEGIAN CRUISE LINE HLDGS(SHS) | G66721104 | 13,186,000 | $246.6M | 0.25% |
| 60 | INVESCO QQQ TR(UNIT SER 1)PUT | 46090E103 | 400,000 | $230.9M | 0.23% |
| 61 | SEADRILL LTD | G7997W102 | 4,719,085 | $214.7M | 0.22% |
| 62 | SEADRILL LTD | G7997W102 | 4,719,085 | $214.7M | 0.22% |
| 63 | SEADRILL LTD | G7997W102 | 4,719,085 | $214.7M | 0.22% |
| 64 | SEADRILL LTD | G7997W102 | 4,719,085 | $214.7M | 0.22% |
| 65 | SEADRILL LTD | G7997W102 | 4,719,085 | $214.7M | 0.22% |
| 66 | SEADRILL LTD | G7997W102 | 4,719,085 | $214.7M | 0.22% |
| 67 | ISHARES TR(RUS 1000 VAL ETF)PUT | 464287598 | 1,000,000 | $213.7M | 0.21% |
| 68 | PEPSICO INC | 713448108 | 1,275,000 | $198M | 0.20% |
| 69 | PEPSICO INC | 713448108 | 1,275,000 | $198M | 0.20% |
| 70 | PEPSICO INC | 713448108 | 1,275,000 | $198M | 0.20% |
| 71 | PEPSICO INC | 713448108 | 1,275,000 | $198M | 0.20% |
| 72 | PEPSICO INC | 713448108 | 1,275,000 | $198M | 0.20% |
| 73 | PEPSICO INC | 713448108 | 1,275,000 | $198M | 0.20% |
| 74 | VANECK ETF TRUST(GOLD MINERS ETF)CALL | 92189F106 | 2,000,000 | $183.5M | 0.18% |
| 75 | VANECK ETF TRUST(GOLD MINERS ETF)PUT | 92189F106 | 1,650,000 | $151.4M | 0.15% |
| 76 | EQUINIX INC | 29444U700 | 150,000 | $147M | 0.15% |
| 77 | EQUINIX INC | 29444U700 | 150,000 | $147M | 0.15% |
| 78 | EQUINIX INC | 29444U700 | 150,000 | $147M | 0.15% |
| 79 | EQUINIX INC | 29444U700 | 150,000 | $147M | 0.15% |
| 80 | EQUINIX INC | 29444U700 | 150,000 | $147M | 0.15% |
| 81 | EQUINIX INC | 29444U700 | 150,000 | $147M | 0.15% |
| 82 | ISHARES TR(RUSSELL 2000 ETF)PUT | 464287655 | 500,000 | $124M | 0.12% |
| 83 | OR ROYALTIES INC.(COM SHS) | 68390D106 | 3,111,000 | $118.3M | 0.12% |
| 84 | OR ROYALTIES INC.(COM SHS) | 68390D106 | 3,111,000 | $118.3M | 0.12% |
| 85 | OR ROYALTIES INC.(COM SHS) | 68390D106 | 3,111,000 | $118.3M | 0.12% |
| 86 | OR ROYALTIES INC.(COM SHS) | 68390D106 | 3,111,000 | $118.3M | 0.12% |
| 87 | OR ROYALTIES INC.(COM SHS) | 68390D106 | 3,111,000 | $118.3M | 0.12% |
| 88 | OR ROYALTIES INC.(COM SHS) | 68390D106 | 3,111,000 | $118.3M | 0.12% |
| 89 | TRANSOCEAN LTD(REGISTERED SHS) | H8817H100 | 15,626,834 | $103.6M | 0.10% |
| 90 | TRANSOCEAN LTD(REGISTERED SHS) | H8817H100 | 15,626,834 | $103.6M | 0.10% |
| 91 | TRANSOCEAN LTD(REGISTERED SHS) | H8817H100 | 15,626,834 | $103.6M | 0.10% |
| 92 | TRANSOCEAN LTD(REGISTERED SHS) | H8817H100 | 15,626,834 | $103.6M | 0.10% |
| 93 | TRANSOCEAN LTD(REGISTERED SHS) | H8817H100 | 15,626,834 | $103.6M | 0.10% |
| 94 | TRANSOCEAN LTD(REGISTERED SHS) | H8817H100 | 15,626,834 | $103.6M | 0.10% |
| 95 | CROWN CASTLE INC | 22822V101 | 1,225,000 | $99.6M | 0.10% |
| 96 | CROWN CASTLE INC | 22822V101 | 1,225,000 | $99.6M | 0.10% |
| 97 | CROWN CASTLE INC | 22822V101 | 1,225,000 | $99.6M | 0.10% |
| 98 | CROWN CASTLE INC | 22822V101 | 1,225,000 | $99.6M | 0.10% |
| 99 | CROWN CASTLE INC | 22822V101 | 1,225,000 | $99.6M | 0.10% |
| 100 | CROWN CASTLE INC | 22822V101 | 1,225,000 | $99.6M | 0.10% |
| 101 | SPDR SERIES TRUST(STATE STREET SPD)PUT | 78464A755 | 900,000 | $97.2M | 0.10% |
| 102 | FORTIVE CORPPUT | 34959J108 | 750,000 | $41.5M | 0.04% |
| 103 | WAYFAIR INC(NOTE 3.500%11/1) | 94419LAR2 | 15,000,000 | $26.2M | 0.03% |
| 104 | WAYFAIR INC(NOTE 3.500%11/1) | 94419LAR2 | 15,000,000 | $26.2M | 0.03% |
| 105 | WAYFAIR INC(NOTE 3.500%11/1) | 94419LAR2 | 15,000,000 | $26.2M | 0.03% |
| 106 | WAYFAIR INC(NOTE 3.500%11/1) | 94419LAR2 | 15,000,000 | $26.2M | 0.03% |
| 107 | WAYFAIR INC(NOTE 3.500%11/1) | 94419LAR2 | 15,000,000 | $26.2M | 0.03% |
| 108 | WAYFAIR INC(NOTE 3.500%11/1) | 94419LAR2 | 15,000,000 | $26.2M | 0.03% |
| 109 | EMERSON ELEC COPUT | 291011104 | 200,000 | $26.2M | 0.03% |
| 110 | GCI LIBERTY INC(COM SER C) | 36164V800 | 659,928 | $24.6M | 0.02% |
| 111 | GCI LIBERTY INC(COM SER C) | 36164V800 | 659,928 | $24.6M | 0.02% |
| 112 | GCI LIBERTY INC(COM SER C) | 36164V800 | 659,928 | $24.6M | 0.02% |
| 113 | GCI LIBERTY INC(COM SER C) | 36164V800 | 659,928 | $24.6M | 0.02% |
| 114 | GCI LIBERTY INC(COM SER C) | 36164V800 | 659,928 | $24.6M | 0.02% |
| 115 | GCI LIBERTY INC(COM SER C) | 36164V800 | 659,928 | $24.6M | 0.02% |
| 116 | HDFC BANK LTD(SPONSORED ADS) | 40415F101 | 797,085 | $19.8M | 0.02% |
| 117 | HDFC BANK LTD(SPONSORED ADS) | 40415F101 | 797,085 | $19.8M | 0.02% |
| 118 | HDFC BANK LTD(SPONSORED ADS) | 40415F101 | 797,085 | $19.8M | 0.02% |
| 119 | HDFC BANK LTD(SPONSORED ADS) | 40415F101 | 797,085 | $19.8M | 0.02% |
| 120 | HDFC BANK LTD(SPONSORED ADS) | 40415F101 | 797,085 | $19.8M | 0.02% |
| 121 | HDFC BANK LTD(SPONSORED ADS) | 40415F101 | 797,085 | $19.8M | 0.02% |
| 122 | WHEATON PRECIOUS METALS CORPCALL | 962879102 | 100,000 | $13.1M | 0.01% |
| 123 | STRATEGY INC(NOTE 0.625% 3/1) | 594972AJ0 | 10,000,000 | $11.5M | 0.01% |
| 124 | STRATEGY INC(NOTE 0.625% 3/1) | 594972AJ0 | 10,000,000 | $11.5M | 0.01% |
| 125 | STRATEGY INC(NOTE 0.625% 3/1) | 594972AJ0 | 10,000,000 | $11.5M | 0.01% |
| 126 | STRATEGY INC(NOTE 0.625% 3/1) | 594972AJ0 | 10,000,000 | $11.5M | 0.01% |
| 127 | STRATEGY INC(NOTE 0.625% 3/1) | 594972AJ0 | 10,000,000 | $11.5M | 0.01% |
| 128 | STRATEGY INC(NOTE 0.625% 3/1) | 594972AJ0 | 10,000,000 | $11.5M | 0.01% |