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
Estimated average burden
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
ADVANCED ENERGY INDS COM 007973100 207,689 557 SH SOLE 557 0 0
ADVANCED MICRO DEVICES INC COM 007903107 827,216 1,424 SH SOLE 1,424 0 0
ALPHABET INC CAP STK CL A 02079K305 1,358,363 3,801 SH SOLE 3,801 0 0
AMAZON COM INC COM 023135106 289,345 1,214 SH SOLE 1,214 0 0
AMPHENOL CORP CL A 032095101 464,251 2,633 SH SOLE 2,633 0 0
APPLIED MATLS INC COM 038222105 606,597 839 SH SOLE 839 0 0
ARISTA NETWORKS INC COM SHS 040413205 415,526 2,446 SH SOLE 2,446 0 0
ARM HOLDINGS PLC SPONSORED ADS 042068205 683,256 1,927 SH SOLE 1,927 0 0
ASML HLDG NV N Y REGISTRY SHS N07059210 264,596 133 SH SOLE 133 0 0
BROADCOM INC COM 11135F101 494,853 1,310 SH SOLE 1,310 0 0
BROADCOM INC COM 11135F101 8,083,850 21,400 SH Call SOLE 21,400 0 0
CISCO SYS INC COM 17275R102 476,300 4,055 SH SOLE 4,055 0 0
COHERENT CORP COM 19247G107 548,313 1,390 SH SOLE 1,390 0 0
COMFORT SYS USA INC COM 199908104 330,986 167 SH SOLE 167 0 0
COREWEAVE INC COM CL A 21873S108 301,308 3,027 SH SOLE 3,027 0 0
CORNING INC COM 219350105 496,300 1,943 SH SOLE 1,943 0 0
CREDO TECHNOLOGY GROUP HOLDI ORDINARY SHARES G25457105 819,113 3,012 SH SOLE 3,012 0 0
CROWDSTRIKE HLDGS INC CL A 22788C105 382,333 501 SH SOLE 501 0 0
DELL TECHNOLOGIES INC CL C 24703L202 664,880 1,541 SH SOLE 1,541 0 0
DENISON MINES CORP COM 248356107 40,756 13,319 SH SOLE 13,319 0 0
DIGITAL RLTY TR INC COM 253868103 268,293 1,494 SH SOLE 1,494 0 0
DIGITALOCEAN HLDGS INC COM 25402D102 254,389 1,620 SH SOLE 1,620 0 0
EATON CORP PLC SHS G29183103 299,562 703 SH SOLE 703 0 0
EMCOR GROUP INC COM 29084Q100 203,321 245 SH SOLE 245 0 0
EQUINIX INC COM 29444U700 327,310 314 SH SOLE 314 0 0
FABRINET SHS G3323L100 202,349 360 SH SOLE 360 0 0
FLEX LTD ORD Y2573F102 430,134 2,654 SH SOLE 2,654 0 0
FORMFACTOR INC COM 346375108 200,872 1,256 SH SOLE 1,256 0 0
GE VERNOVA INC COM 36828A101 305,464 260 SH SOLE 260 0 0
GLOBALFOUNDRIES INC ORDINARY SHARES G39387108 305,824 3,711 SH SOLE 3,711 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 538,027 11,927 SH SOLE 11,927 0 0
INTEL CORP COM 458140100 369,601 2,647 SH SOLE 2,647 0 0
ISHARES TR 20 YR TR BD ETF 464287432 54,202,624 627,200 SH Call SOLE 627,200 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 3,553,500 103,000 SH Call SOLE 103,000 0 0
ISHARES INC MSCI STH KOR ETF 464286772 1,312,350 6,500 SH Call SOLE 6,500 0 0
ISHARES INC MSCI STH KOR ETF 464286772 8,257,710 40,900 SH Put SOLE 40,900 0 0
JABIL INC COM 466313103 425,955 1,105 SH SOLE 1,105 0 0
JOHNSON CONTROLS INTERNATION SHS G51502105 271,180 1,856 SH SOLE 1,856 0 0
KEYSIGHT TECHNOLOGIES INC COM 49338L103 259,052 740 SH SOLE 740 0 0
KLA CORP COM NEW 482480100 624,540 2,070 SH SOLE 2,070 0 0
LAM RESEARCH CORP COM NEW 512807306 684,661 1,580 SH SOLE 1,580 0 0
LUMENTUM HLDGS INC COM 55024U109 877,795 1,023 SH SOLE 1,023 0 0
MARVELL TECHNOLOGY INC COM 573874104 902,011 3,028 SH SOLE 3,028 0 0
MASTEC INC COM 576323109 221,760 533 SH SOLE 533 0 0
MICRON TECHNOLOGY INC COM 595112103 1,655,252 1,434 SH SOLE 1,434 0 0
MICROSOFT CORP COM 594918104 434,195 1,164 SH SOLE 1,164 0 0
MKS INC. COM 55306N104 239,747 539 SH SOLE 539 0 0
NOKIA CORP SPONSORED ADR 654902204 142,601 10,738 SH SOLE 10,738 0 0
NVENT ELEC PLC SHS G6700G107 408,590 2,409 SH SOLE 2,409 0 0
NVIDIA CORPORATION COM 67066G104 664,899 3,323 SH SOLE 3,323 0 0
ORACLE CORP COM 68389X105 241,661 1,649 SH SOLE 1,649 0 0
PALANTIR TECHNOLOGIES INC CL A 69608A108 409,045 3,506 SH SOLE 3,506 0 0
PALO ALTO NETWORKS INC COM 697435105 358,753 1,052 SH SOLE 1,052 0 0
QUANTA SVCS INC COM 74762E102 312,497 434 SH SOLE 434 0 0
SANDISK CORP COM 80004C200 1,919,028 844 SH SOLE 844 0 0
SANMINA CORP COM 801056102 377,089 1,490 SH SOLE 1,490 0 0
SEAGATE TECHNOLOGY HLDNGS PL ORD SHS G7997R103 595,405 617 SH SOLE 617 0 0
SITIME CORP COM 82982T106 207,266 278 SH SOLE 278 0 0
STMICROELECTRONICS N V NY REGISTRY 861012102 224,221 2,994 SH SOLE 2,994 0 0
TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS 874039100 453,214 949 SH SOLE 949 0 0
TERADYNE INC COM 880770102 227,889 471 SH SOLE 471 0 0
TRANE TECHNOLOGIES PLC SHS G8994E103 289,293 589 SH SOLE 589 0 0
ULTRA CLEAN HLDGS INC COM 90385V107 210,178 1,474 SH SOLE 1,474 0 0
VANECK ETF TRUST SEMICONDUCTR ETF 92189F676 1,967,670 3,000 SH Call SOLE 3,000 0 0
VANECK ETF TRUST SEMICONDUCTR ETF 92189F676 40,009,290 61,000 SH Put SOLE 61,000 0 0
VERTIV HOLDINGS CO COM CL A 92537N108 607,363 1,814 SH SOLE 1,814 0 0
VIAVI SOLUTIONS INC COM 925550105 468,237 9,806 SH SOLE 9,806 0 0
VISTRA CORP COM 92840M102 239,055 1,507 SH SOLE 1,507 0 0
WESTERN DIGITAL CORP COM 958102105 1,133,728 1,775 SH SOLE 1,775 0 0