Q1 2025 Holdings
Filed 2025-05-13 | 171 holdings | $3.7B | 13F-HR | View on SEC ↗ · Holdings Table ↗
Sign in to see sub-manager breakdown
| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Spdr Gold TR(GLD)Put | GOLD SHS | 78463V107 | $450.5M | 1,563,600 | 12.1% |
| Ishares TR(TLT)Call | 20 YR TR BD ETF | 464287432 | $309.8M | 3,403,100 | 8.3% |
| Ishares TR(HYG)Put | IBOXX HI YD ETF | 464288513 | $304.2M | 3,855,400 | 8.2% |
| Ishares Silver TR(SLV)Call | ISHARES | 46428Q109 | $275.7M | 8,896,500 | 7.4% |
| Spdr S&P 500 ETF TR(SPY)Call | TR UNIT | 78462F103 | $164.0M | 293,200 | 4.4% |
| Vaneck ETF Trust(GDX)Put | GOLD MINERS ETF | 92189F106 | $114.9M | 2,500,000 | 3.1% |
| Invesco QQQ TR(QQQ)Put | UNIT SER 1 | 46090E103 | $88.7M | 189,200 | 2.4% |
| Spdr S&P 500 ETF TR(SPY)Put | TR UNIT | 78462F103 | $85.3M | 152,400 | 2.3% |
| Select Sector Spdr TR(XLC)Call | COMMUNICATION | 81369Y852 | $77.2M | 800,000 | 2.1% |
| Ishares TR(IWM)Call | RUSSELL 2000 ETF | 464287655 | $70.0M | 351,100 | 1.9% |
| Invesco Exchange Traded FD T(RSP)Put | S&P500 EQL WGT | 46137V357 | $69.3M | 400,000 | 1.9% |
| Mccormick & Co Inc(MKC) | COM NON VTG | 579780206 | $53.0M | 643,774 | 1.4% |
| Idexx Labs Inc(IDXX) | COM | 45168D104 | $51.8M | 123,393 | 1.4% |
| Canadian NAT RES LTD(CNQ) | COM | 136385101 | $50.4M | 1,635,803 | 1.4% |
| Agnico Eagle Mines LTD(AEM) | COM | 008474108 | $46.6M | 430,211 | 1.3% |
| Spdr Gold TR(GLD)Call | GOLD SHS | 78463V107 | $41.1M | 142,600 | 1.1% |
| Kinross Gold Corp(KGC) | COM | 496902404 | $40.1M | 3,180,236 | 1.1% |
| Teledyne Technologies Inc(TDY) | COM | 879360105 | $35.8M | 71,873 | 1.0% |
| Carrier Global Corporation(CARR) | COM | 14448C104 | $35.7M | 563,336 | 1.0% |
| Thomson Reuters Corp(TRI) | COM | 884903808 | $34.7M | 200,972 | 0.9% |
| Stantec Inc(STN) | COM | 85472N109 | $31.9M | 385,424 | 0.9% |
| Manulife Finl Corp(MFC) | COM | 56501R106 | $31.4M | 1,008,066 | 0.8% |
| Graphic Packaging Hldg Co(GPK) | COM | 388689101 | $31.4M | 1,209,215 | 0.8% |
| Centerra Gold Inc(CGAU) | COM | 152006102 | $31.3M | 4,930,005 | 0.8% |
| Danaher Corporation(DHR)Call | COM | 235851102 | $30.8M | 150,000 | 0.8% |
| Parker-Hannifin Corp(PH) | COM | 701094104 | $29.1M | 47,952 | 0.8% |
| KKR & Co Inc(KKR)Call | COM | 48251W104 | $28.9M | 250,000 | 0.8% |
| Hudbay Minerals Inc(HBM) | COM | 443628102 | $27.2M | 3,580,871 | 0.7% |
| Franco NEV Corp(FNV) | COM | 351858105 | $24.4M | 154,622 | 0.7% |
| Entergy Corp New(ETR) | COM | 29364G103 | $24.1M | 281,932 | 0.6% |
| Sharkninja Inc(SN) | COM SHS | G8068L108 | $23.5M | 282,158 | 0.6% |
| FOX Corp(FOXA) | CL A COM | 35137L105 | $22.3M | 393,611 | 0.6% |
| Johnson Ctls Intl PLC(JCI) | SHS | G51502105 | $21.8M | 272,227 | 0.6% |
| Expand Energy Corporation(EXE) | COM | 165167735 | $21.5M | 193,000 | 0.6% |
| Conocophillips(COP)Put | COM | 20825C104 | $21.0M | 200,000 | 0.6% |
| Quanta Svcs Inc(PWR) | COM | 74762E102 | $20.1M | 79,038 | 0.5% |
| Waste Connections Inc(WCN) | COM | 94106B101 | $20.0M | 102,408 | 0.5% |
| Imperial Oil LTD(IMO) | COM NEW | 453038408 | $19.9M | 275,000 | 0.5% |
| XPO Inc(XPO) | COM | 983793100 | $19.9M | 184,635 | 0.5% |
| EOG RES Inc(EOG) | COM | 26875P101 | $19.2M | 150,000 | 0.5% |
| S&P Global Inc(SPGI) | COM | 78409V104 | $19.0M | 37,357 | 0.5% |
| Sprott Inc(SII) | COM NEW | 852066208 | $17.9M | 398,424 | 0.5% |
| Transdigm Group Inc(TDG) | COM | 893641100 | $17.4M | 12,575 | 0.5% |
| Vail Resorts Inc(MTN) | COM | 91879Q109 | $17.4M | 108,441 | 0.5% |
| Prologis Inc.(PLD) | COM | 74340W103 | $17.2M | 153,702 | 0.5% |
| Nexgen Energy LTD(NXE) | COM | 65340P106 | $16.9M | 3,763,259 | 0.5% |
| Canadian Natl RY Co(CNI) | COM | 136375102 | $15.1M | 154,819 | 0.4% |
| Chipotle Mexican Grill Inc(CMG)Call | COM | 169656105 | $15.1M | 300,000 | 0.4% |
| Nutrien LTD(NTR)Call | COM | 67077M108 | $14.9M | 300,000 | 0.4% |
| Starbucks Corp(SBUX)Call | COM | 855244109 | $14.7M | 150,000 | 0.4% |