The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
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hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE COM 00287Y109 5,827,354 31,394 SH SOLE NONE 31,394 0 0
Alphabet Inc - Class A CAP STK CL A 02079K305 8,651,131 49,090 SH SOLE NONE 49,090 0 0
Amazon.com COM 023135106 10,015,812 45,653 SH SOLE NONE 45,653 0 0
AMER SPORTS ORD COM SHS G0260P102 5,217,174 134,602 SH SOLE NONE 134,602 0 0
ARDMORE SHIPPING Corp COM Y0207T100 288,000 30,000 SH SOLE NONE 30,000 0 0
Berkshire Hathaway CL B NEW 084670702 6,602,586 13,592 SH SOLE NONE 13,592 0 0
Borr Drilling Limited SHS G1466R173 201,300 110,000 SH SOLE NONE 110,000 0 0
British American Tobacco plc SPONSORED ADR 110448107 6,389,550 135,000 SH SOLE NONE 135,000 0 0
Brookfield Corp CL A LTD VT SH 11271J107 948,532 15,336 SH SOLE NONE 15,336 0 0
Burford Capital Limited ORD SHS G17977110 1,426,000 100,000 SH SOLE NONE 100,000 0 0
Capri Holdings Limited SHS G1890L107 4,602,000 260,000 SH SOLE NONE 260,000 0 0
Charles Schwab Corp (The) COM 808513105 1,158,839 12,701 SH SOLE NONE 12,701 0 0
Chevron Corp COM 166764100 2,746,671 19,182 SH SOLE NONE 19,182 0 0
Coca-Cola Europacific Partners SHS G25839104 2,318,000 25,000 SH SOLE NONE 25,000 0 0
CONTEXTLOGIC CL A ORD CL A NEW 21077C305 1,702,500 250,000 SH SOLE NONE 250,000 0 0
CRH Public Limited ORD 12626K203 978,955 10,664 SH SOLE NONE 10,664 0 0
D MARKET ELECTRONIC SERVICES TRA ADR SPONSORED ADS 23292B104 78,800 29,185 SH SOLE NONE 29,185 0 0
Deckers Outdoor Corp COM 243537107 6,802,620 66,000 SH SOLE NONE 66,000 0 0
Dick's Sporting Goods COM 253393102 6,923,350 35,000 SH SOLE NONE 35,000 0 0
ISHARES BITCOIN ETF SHS BEN INT 46438F101 1,682,663 27,490 SH SOLE NONE 27,490 0 0
JSC KASPI GLOBAL SPON ADS REP ORD SPONSORED ADS 48581R205 1,443,130 17,000 SH SOLE NONE 17,000 0 0
Karooooo Ltd ORD SHS Y4600W108 7,579,949 154,756 SH SOLE NONE 154,756 0 0
Kosmos Energy Ltd COM 500688106 184,040 107,000 SH SOLE NONE 107,000 0 0
Linde plc SHS G54950103 4,362,334 9,296 SH SOLE NONE 9,296 0 0
lululemon athletica COM 550021109 3,207,330 13,500 SH SOLE NONE 13,500 0 0
LUXEXPERIENCE ADS REP ORD ADS 55406W103 4,996,729 629,311 SH SOLE NONE 629,311 0 0
Meta Platforms CL A 30303M102 6,748,357 9,143 SH SOLE NONE 9,143 0 0
Microsoft Corp COM 594918104 10,747,538 21,607 SH SOLE NONE 21,607 0 0
Mondelez International CL A 609207105 1,686,000 25,000 SH SOLE NONE 25,000 0 0
Noble Corp ORD SHS A G65431127 554,895 20,900 SH SOLE NONE 20,900 0 0
Occidental Petroleum Corp COM 674599105 3,727,421 88,727 SH SOLE NONE 88,727 0 0
On Holding AG NAMEN AKT A H5919C104 2,810,700 54,000 SH SOLE NONE 54,000 0 0
PayPal Holdings COM 70450Y103 4,120,449 55,442 SH SOLE NONE 55,442 0 0
Peabody Energy Corp COM 704551100 617,320 46,000 SH SOLE NONE 46,000 0 0
PepsiCo COM 713448108 2,682,261 20,314 SH SOLE NONE 20,314 0 0
Pfizer COM 717081103 4,574,064 188,699 SH SOLE NONE 188,699 0 0
PVH Corp COM 693656100 3,430,000 50,000 SH SOLE NONE 50,000 0 0
Ralph Lauren Corp CL A 751212101 8,502,680 31,000 SH SOLE NONE 31,000 0 0
Ramaco Resources COM CL A 75134P600 395,448 30,095 SH SOLE NONE 30,095 0 0
RAMACO RESOURCES CL B ORD COM CL B 75134P501 236,672 28,933 SH SOLE NONE 28,933 0 0
RealReal (The) COM 88339P101 5,687,502 1,187,370 SH SOLE NONE 1,187,370 0 0
RealReal (The) COM 88339P101 2,011,800 420,000 SH SOLE NONE 420,000 0 0
Restaurant Brands International COM 76131D103 4,944,372 74,587 SH SOLE NONE 74,587 0 0
SHARKNINJA ORD COM SHS G8068L108 12,868,700 130,000 SH SOLE NONE 130,000 0 0
Talos Energy COM 87484T108 106,000 12,500 SH SOLE NONE 12,500 0 0
Tapestry COM 876030107 8,341,950 95,000 SH SOLE NONE 95,000 0 0
Teck Resources Limited CL B 878742204 403,800 10,000 SH SOLE NONE 10,000 0 0
TJX Companies COM 872540109 5,124,712 41,499 SH SOLE NONE 41,499 0 0
Uber Technologies COM 90353T100 1,401,459 15,021 SH SOLE NONE 15,021 0 0
Union Pacific Corp COM 907818108 4,424,208 19,229 SH SOLE NONE 19,229 0 0
Urban Outfitters COM 917047102 2,901,600 40,000 SH SOLE NONE 40,000 0 0
VISA COM CL A 92826C839 6,417,529 18,075 SH SOLE NONE 18,075 0 0
Vita Coco Company (The) COM 92846Q107 5,054,000 140,000 SH SOLE NONE 140,000 0 0
Wolverine World Wide COM 978097103 3,616,000 200,000 SH SOLE NONE 200,000 0 0
Wyndham Hotels & Resorts COM 98311A105 1,130,443 13,920 SH SOLE NONE 13,920 0 0