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
ACCENTURE PLC SHS CLASS A G1151C101 17,772 89,625 SH DFND 0002133824 2,125 87,500 0
ADOBE INC COM 00724F101 50,412 207,390 SH DFND 0002133824 5,150 202,240 0
ADVANCED MICRO DEVICES INC COM 007903107 31,196 153,350 SH DFND 0002133824 7,000 146,350 0
AERCAP HOLDINGS N.V. SHS N00985106 115,112 839,132 SH DFND 0002133824 30,512 808,620 0
AIRBNB INC COM CL A 009066101 95,412 755,556 SH DFND 0002133824 31,946 723,610 0
ALIBABA GROUP HOLDING LTD SPONSORED ADS 01609W102 108,780 867,053 SH DFND 0002133824 44,433 822,620 0
ALPHABET INC CAP STK CL A 02079K305 305 1,061 PRN SOLE 1,061 0 0
ALPHABET INC CAP STK CL C 02079K107 164,535 573,572 SH DFND 0002133824 33,117 540,455 0
AMAZON.COM INC COM 023135106 62,263 298,955 SH DFND 0002133824 6,975 291,980 0
AMGEN INC COM 031162100 132 375 PRN SOLE 375 0 0
AMPLIFY JUNIOR SILVER MINERS ETF AMPLIFY JUNIOR S 032108649 74 2,500 PRN SOLE 2,500 0 0
AMRIZE AG SHS H2927K103 32,856 586,500 SH DFND 0002133824 10,300 576,200 0
AON PLC SHS CL A G0403H108 87,797 272,003 SH DFND 0002133824 7,408 264,595 0
APOLLO GLOBAL MANAGEMENT INC COM 03769M106 162,955 1,462,525 SH DFND 0002133824 60,820 1,401,705 0
APPLE INC COM 037833100 1,314 5,177 PRN SOLE 5,177 0 0
APPLIED MATERIALS INC COM 038222105 78,770 230,464 SH DFND 0002133824 19,099 211,365 0
BERKSHIRE HATHAWAY INC CL B NEW 084670702 9 19 PRN SOLE 19 0 0
BLACKROCK INC COM 09290D101 106,634 110,880 SH DFND 0002133824 6,350 104,530 0
BLACKSTONE INC COM 09260D107 26,237 228,165 SH DFND 0002133824 15,155 213,010 0
BRIGHTSTAR LOTTERY SHS USD G4863A108 160 12,550 PRN SOLE 12,550 0 0
BROADCOM INC COM 11135F101 31,880 103,000 SH DFND 0002133824 0 103,000 0
CHARLES SCHWAB CORP COM 808513105 146,310 1,556,820 SH DFND 0002133824 70,540 1,486,280 0
CHEVRON CORPORATION COM 166764100 29,768 143,874 SH DFND 0002133824 12,324 131,550 0
CHUBB LIMITED COM H1467J104 100,785 309,223 SH DFND 0002133824 15,403 293,820 0
CISCO SYSTEMS INC COM 17275R102 47 600 PRN SOLE 600 0 0
CNH INDUSTRIAL N.V. SHS N20944109 4,103 373,000 SH DFND 0002133824 60,000 313,000 0
COMCAST CORP CL A 20030N101 100,371 3,496,029 SH DFND 0002133824 153,349 3,342,680 0
CORPAY INC COM SHS 219948106 23,032 79,150 SH DFND 0002133824 4,350 74,800 0
DEERE & CO COM 244199105 45,862 81,416 SH DFND 0002133824 3,600 77,816 0
DELTA AIR LINES INC (DE) COM NEW 247361702 545 8,200 PRN SOLE 8,200 0 0
DOCUSIGN INC COM 256163106 8,723 184,000 SH DFND 0002133824 4,500 179,500 0
ELECTRONIC ARTS INC COM 285512109 520 2,550 PRN SOLE 2,550 0 0
EXXON MOBIL CORP COM 30231G102 20,754 122,327 SH DFND 0002133824 6,927 115,400 0
FISERV INC COM 337738108 16,119 288,863 SH DFND 0002133824 13,863 275,000 0
FLUX POWER HOLDINGS INC COM NEW 344057302 43 40,000 PRN SOLE 40,000 0 0
FREEPORT-MCMORAN INC CL B 35671D857 1,176 20,000 PRN SOLE 20,000 0 0
GRUPO TELEVISA S.A.B SPON ADR REP ORD 40049J206 181 62,280 PRN SOLE 62,280 0 0
INTEL CORP COM 458140100 148,142 3,356,935 SH DFND 0002133824 184,915 3,172,020 0
INTERCONTINENTAL EXCHANGE INC COM 45866F104 53,007 337,022 SH DFND 0002133824 13,597 323,425 0
INTUIT INC COM 461202103 21,403 49,500 SH DFND 0002133824 1,000 48,500 0
JOHNSON & JOHNSON COM 478160104 196 800 PRN SOLE 800 0 0
JPMORGAN CHASE & CO COM 46625H100 487 1,655 PRN SOLE 1,655 0 0
LABCORP HOLDINGS INC COM SHS 504922105 85,835 321,710 SH DFND 0002133824 16,745 304,965 0
LAS VEGAS SANDS CORP COM 517834107 68,998 1,280,587 SH DFND 0002133824 69,227 1,211,360 0
LEXINFINTECH HOLDINGS LTD ADR 528877103 44 20,000 PRN SOLE 20,000 0 0
LINDE PLC SHS G54950103 692 1,396 PRN SOLE 1,396 0 0
MERCADOLIBRE INC COM 58733R102 101,742 58,844 SH DFND 0002133824 2,364 56,480 0
MERCK & CO INC COM 58933Y105 235 1,950 PRN SOLE 1,950 0 0
META PLATFORMS INC CL A 30303M102 58,682 102,568 SH DFND 0002133824 5,428 97,140 0
MICROSOFT CORP COM 594918104 140,431 379,369 SH DFND 0002133824 14,569 364,800 0
NASDAQ INC COM 631103108 4,145 48,826 SH DFND 0002133824 6,126 42,700 0
NEBIUS GROUP N.V. SHS CLASS A N97284108 104 1,000 PRN SOLE 1,000 0 0
NETFLIX INC COM 64110L106 28,018 291,400 SH DFND 0002133824 5,700 285,700 0
NETGEAR INC COM 64111Q104 87 4,000 PRN SOLE 4,000 0 0
NIKE INC CL B 654106103 2,729 51,669 SH DFND 0002133824 4,914 46,755 0
NVIDIA CORP COM 67066G104 56,811 325,750 SH DFND 0002133824 28,350 297,400 0
NVIDIA CORP CALL 67066G904 13,342 76,500 SH DFND 0002133824 0 76,500 0
NXP SEMICONDUCTORS N.V. COM N6596X109 202 1,028 PRN SOLE 1,028 0 0
ORACLE CORP COM 68389X105 72,255 491,163 SH DFND 0002133824 23,783 467,380 0
PALO ALTO NETWORKS INC COM 697435105 24,818 154,800 SH DFND 0002133824 6,000 148,800 0
PFIZER INC COM 717081103 383 13,657 PRN SOLE 13,657 0 0
PINTEREST INC CL A 72352L106 19,443 1,060,125 SH DFND 0002133824 40,200 1,019,925 0
QUALCOMM INC COM 747525103 4,942 38,375 SH DFND 0002133824 0 38,375 0
ROPER TECHNOLOGIES INC COM 776696106 8,457 23,900 SH DFND 0002133824 400 23,500 0
SALESFORCE INC COM 79466L302 82,691 442,980 SH DFND 0002133824 21,065 421,915 0
SCHWAB FUNDAMENTAL EMERGING MARKETS EQUITY ETF FUNDAMENTAL EMER 808524730 30 795 PRN SOLE 795 0 0
SERVICENOW INC COM 81762P102 65,067 622,350 SH DFND 0002133824 11,200 611,150 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,734 4,030 PRN SOLE 4,030 0 0
SPDR S&P EMERGING MARKETS SMALL CAP ETF STATE STREET SPD 78463X756 29 445 PRN SOLE 445 0 0
S&P GLOBAL INC COM 78409V104 29,804 70,070 SH DFND 0002133824 1,050 69,020 0
SPROTT PHYSICAL GOLD AND SILVER TRUST PHYSICAL GOLD AN 85208R101 718 15,045 PRN SOLE 15,045 0 0
SYNOPSYS INC COM 871607107 418 1,055 PRN SOLE 1,055 0 0
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD SPONSORED ADS 874039100 3,824 11,315 SH DFND 0002133824 0 11,315 0
TAKE-TWO INTERACTIVE SOFTWARE INC COM 874054109 51,912 262,845 SH DFND 0002133824 13,305 249,540 0
THE WALT DISNEY COMPANY COM 254687106 38,902 403,630 SH DFND 0002133824 14,630 389,000 0
T-MOBILE US INC COM 872590104 120,979 576,010 SH DFND 0002133824 21,930 554,080 0
TRAVEL PLUS LEISURE CO COM 894164102 485 7,005 PRN SOLE 7,005 0 0
TRIP COM GROUP LTD ADS 89677Q107 10,516 211,200 SH DFND 0002133824 7,600 203,600 0
TSS INC COM 87288V101 130 10,000 PRN SOLE 10,000 0 0
UBER TECHNOLOGIES INC COM 90353T100 89,332 1,241,931 SH DFND 0002133824 54,881 1,187,050 0
UNION PACIFIC CORP COM 907818108 6,975 28,750 SH DFND 0002133824 750 28,000 0
UNITEDHEALTH GROUP INC COM 91324P102 26,591 98,270 SH DFND 0002133824 2,170 96,100 0
VANECK GOLD MINERS ETF GOLD MINERS ETF 92189F106 319 3,475 PRN SOLE 3,475 0 0
VANECK JUNIOR GOLD MINERS ETF JUNIOR GOLD MINE 92189F791 339 2,820 PRN SOLE 2,820 0 0
VANECK VIETNAM ETF VANECK VIETNAM 92189F817 26 1,500 PRN SOLE 1,500 0 0
VERSANT MEDIA GROUP INC COM CL A 925283103 119 3,216 PRN SOLE 3,216 0 0
VIPSHOP HOLDINGS LTD SPONSORED ADS A 92763W103 69,812 4,440,936 SH DFND 0002133824 214,786 4,226,150 0
VISA INC COM CL A 92826C839 63,547 210,252 SH DFND 0002133824 12,822 197,430 0
WW GRAINGER INC COM 384802104 23,436 21,485 SH DFND 0002133824 465 21,020 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105 45,389 558,770 SH DFND 0002133824 9,400 549,370 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 29,579 327,130 SH DFND 0002133824 6,000 321,130 0
ZOETIS INC CL A 98978V103 9,780 82,730 SH DFND 0002133824 2,900 79,830 0