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
ABRDN SILVER ETF TRUST PHYSCL SILVR SHS 003264108 873,827 15,543 SH SOLE 15,543 0 0
ADVANCED MICRO DEVICES INC COM 007903107 4,267,365 7,346 SH SOLE 7,346 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 49,718 518 SH SOLE 518 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 5,758,800 60,000 SH Put SOLE 60,000 0 0
ALPHABET INC CAP STK CL A 02079K305 536,055 1,500 SH Call SOLE 1,500 0 0
ALPHABET INC CAP STK CL C 02079K107 453,676 1,284 SH SOLE 1,284 0 0
AMAZON COM INC COM 023135106 4,345,653 18,233 SH SOLE 18,233 0 0
ANHEUSER BUSCH INBEV SA NV SPONSORED ADR 03524A108 1,648,000 20,000 SH SOLE 20,000 0 0
APOLLO GLOBAL MGMT INC COM 03769M106 291,871 2,467 SH SOLE 2,467 0 0
APPLE INC COM 037833100 10,707,477 37,004 SH SOLE 37,004 0 0
APPLE INC COM 037833100 2,893,600 10,000 SH Call SOLE 10,000 0 0
ARES MANAGEMENT CORPORATION CL A COM STK 03990B101 200,469 1,801 SH SOLE 1,801 0 0
AURA MINERALS INC SHS NEW G06973112 4,833,112 76,777 SH SOLE 76,777 0 0
BANK OF AMER CORP COM 060505104 207,578 3,643 SH SOLE 3,643 0 0
BANK OF AMER CORP COM 060505104 455,840 8,000 SH Put SOLE 8,000 0 0
BBB FOODS INC CL A COM G0896C103 1,000,080 24,000 SH SOLE 24,000 0 0
BHP BILLITON LIMITED SPONSORED ADS 088606108 1,487,583 17,856 SH SOLE 17,856 0 0
BLACKSTONE INC COM 09260D107 310,178 2,636 SH SOLE 2,636 0 0
BLUE OWL CAPITAL CORPORATION COM 69121K104 115,309 10,608 SH SOLE 10,608 0 0
BROADCOM INC COM 11135F101 26,580,757 70,366 SH SOLE 70,366 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107 6,703,325 157,392 SH SOLE 157,392 0 0
CADENCE DESIGN SYSTEM INC COM 127387108 1,876,600 5,000 SH Call SOLE 5,000 0 0
CADENCE DESIGN SYSTEM INC COM 127387108 5,667,332 15,100 SH Put SOLE 15,100 0 0
CBRE GROUP INC CL A 12504L109 2,626,455 19,500 SH Call SOLE 19,500 0 0
CBRE GROUP INC CL A 12504L109 404,070 3,000 SH Put SOLE 3,000 0 0
CENTRAL PUERTO S A SPONSORED ADR 155038201 2,010,736 135,312 SH SOLE 135,312 0 0
CITIGROUP INC COM NEW 172967424 839,760 6,000 SH Call SOLE 6,000 0 0
COINBASE GLOBAL INC COM CL A 19260Q107 343,839 2,352 SH SOLE 2,352 0 0
COMFORT SYS USA INC COM 199908104 497,469 251 SH SOLE 251 0 0
COMFORT SYS USA INC COM 199908104 990,975 500 SH Put SOLE 500 0 0
COPA HOLDINGS SA CL A P31076105 13,223,450 85,000 SH SOLE 85,000 0 0
COUPANG INC CL A 22266T109 238,160 13,711 SH SOLE 13,711 0 0
CROWDSTRIKE HLDGS INC CL A 22788C105 1,679,671 2,201 SH SOLE 2,201 0 0
DANAHER CORP DEL COM 235851102 240,386 1,262 SH SOLE 1,262 0 0
DEFI TECHNOLOGIES INC COM 244916102 5,922 11,516 SH SOLE 11,516 0 0
DRAFTKINGS INC NEW COM CL A 26142V105 1,010,400 40,000 SH SOLE 40,000 0 0
ECOPETROL S A SPONSORED ADS 279158109 5,735,260 402,757 SH SOLE 402,757 0 0
ECOPETROL S A SPONSORED ADS 279158109 27,486,048 1,930,200 SH Call SOLE 1,930,200 0 0
ECOPETROL S A SPONSORED ADS 279158109 8,544,000 600,000 SH Put SOLE 600,000 0 0
ELECTRONIC ARTS INC COM 285512109 307,560 1,500 SH SOLE 1,500 0 0
ELI LILLY & CO COM 532457108 248,282 207 SH SOLE 207 0 0
ENEL CHILE SA SPONSORED ADR 29278D105 5,124,173 1,138,705 SH SOLE 1,138,705 0 0
EQUINIX INC COM 29444U700 579,569 556 SH SOLE 556 0 0
EQUINIX INC COM 29444U700 938,151 900 SH Put SOLE 900 0 0
ETFS GOLD TR PHYSCL GOLD SHS 00326A104 908,345 23,760 SH SOLE 23,760 0 0
EXPAND ENERGY CORPORATION COM 165167735 674,806 7,400 SH SOLE 7,400 0 0
EXPAND ENERGY CORPORATION COM 165167735 1,823,800 20,000 SH Put SOLE 20,000 0 0
EXXON MOBIL CORP COM 30231G102 2,109,316 15,428 SH SOLE 15,428 0 0
FORD MTR CO COM 345370860 282,170 20,300 SH SOLE 20,300 0 0
FREEPORT MCMORAN INC CL B 35671D857 5,345,650 85,000 SH SOLE 85,000 0 0
GE VERNOVA INC COM 36828A101 8,411,998 7,160 SH SOLE 7,160 0 0
GENERAL MTRS CO COM 37045V100 285,196 3,700 SH SOLE 3,700 0 0
GLOBAL X FDS GLBX MSCI COLUM 37954Y327 112,455 2,700 SH SOLE 2,700 0 0
GLOBAL X FDS GLBX MSCI COLUM 37954Y327 1,815,940 43,600 SH Call SOLE 43,600 0 0
GOLDMAN SACHS PHYSICAL GOLD UNIT 38150K103 361,037 9,124 SH SOLE 9,124 0 0
GRUPO AVAL ACCIONES Y VALORE SPONSORED ADS 40053W101 1,139,592 226,559 SH SOLE 226,559 0 0
GRUPO CIBEST SA SPON ADS 40090E106 25,677,813 323,276 SH SOLE 323,276 0 0
GRUPO CIBEST SA SPON ADS 40090E106 206,518 2,600 SH Call SOLE 2,600 0 0
GRUPO FINANCIERO GALICIA S.A SPONSORED ADR 399909100 2,015,909 40,294 SH SOLE 40,294 0 0
GUIDEWIRE SOFTWARE INC COM 40171V100 270,095 2,195 SH SOLE 2,195 0 0
HOME DEPOT INC COM 437076102 270,506 767 SH SOLE 767 0 0
INTEL CORP COM 458140100 6,981,500 50,000 SH SOLE 50,000 0 0
INTEL CORP COM 458140100 2,094,450 15,000 SH Call SOLE 15,000 0 0
INTEL CORP COM 458140100 18,151,900 130,000 SH Put SOLE 130,000 0 0
INTER & CO INC CLASS A COM G4R20B107 2,388,358 439,845 SH SOLE 439,845 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 870,400 10,000 SH Call SOLE 10,000 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 344,391 866 SH SOLE 866 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 11,046,000 15,000 SH SOLE 15,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 29,087,800 39,500 SH Call SOLE 39,500 0 0
ISHARES BITCOIN TRUST ETF SHS BEN INT 46438F101 2,719,959 81,705 SH SOLE 81,705 0 0
ISHARES BITCOIN TRUST ETF SHS BEN INT 46438F101 649,155 19,500 SH Put SOLE 19,500 0 0
ISHARES ETHEREUM TR SHS 46438R105 307,166 25,834 SH SOLE 25,834 0 0
ISHARES GOLD TR ISHARES NEW 464285204 2,374,034 31,440 SH SOLE 31,440 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 38,470,019 1,115,073 SH SOLE 1,115,073 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 89,548,200 2,595,600 SH Call SOLE 2,595,600 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 48,227,550 1,397,900 SH Put SOLE 1,397,900 0 0
ISHARES INC MSCI CHILE ETF 464286640 4,724,022 118,993 SH SOLE 118,993 0 0
ISHARES INC MSCI MEXICO ETF 464286822 45,999,529 611,127 SH SOLE 611,127 0 0
ISHARES INC MSCI STH KOR ETF 464286772 4,038,000 20,000 SH Call SOLE 20,000 0 0
ISHARES SILVER TR ISHARES 46428Q109 1,144,258 21,400 SH Call SOLE 21,400 0 0
ISHARES SILVER TR ISHARES 46428Q109 213,880 4,000 SH Put SOLE 4,000 0 0
ISHARES TR EXPANDED TECH 464287515 4,530,000 50,000 SH SOLE 50,000 0 0
ISHARES TR EXPANDED TECH 464287515 5,698,740 62,900 SH Call SOLE 62,900 0 0
ISHARES TR IBOXX HI YD ETF 464288513 60,087,299 751,373 SH SOLE 751,373 0 0
ISHARES TR IBOXX INV CP ETF 464287242 1,651,756 15,144 SH SOLE 15,144 0 0
ISHARES TR ISHARES SEMICDTR 464287523 240,285 375 SH SOLE 375 0 0
ISHARES TR MSCI ACWI ETF 464288257 467,457 2,978 SH SOLE 2,978 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 48,072,000 160,000 SH SOLE 160,000 0 0
JANUS DETROIT STR TR B-BBB CLO ETF 47103U753 12,539,701 264,830 SH SOLE 264,830 0 0
JANUS DETROIT STR TR HENDRSON AAA CL 47103U845 17,308,073 342,802 SH SOLE 342,802 0 0
JBS N.V. CL A SHS N4732M103 2,264,310 191,081 SH SOLE 191,081 0 0
JPMORGAN CHASE & CO COM 46625H100 249,425 762 SH SOLE 762 0 0
KKR & CO INC COM 48251W104 910,733 9,923 SH SOLE 9,923 0 0
KKR & CO INC COM 48251W104 917,800 10,000 SH Call SOLE 10,000 0 0
KKR & CO INC COM 48251W104 1,523,548 16,600 SH Put SOLE 16,600 0 0
LABCORP HOLDINGS INC COM SHS 504922105 1,784,016 4,800 SH Call SOLE 4,800 0 0
LABCORP HOLDINGS INC COM SHS 504922105 297,336 800 SH Put SOLE 800 0 0
LIBERTY MEDIA CORP DEL COM LBTY ONE S C 531229755 211,591 2,224 SH SOLE 2,224 0 0
LISTED FDS TR ROUN MA SEVE ETF 53656G498 3,215,000 50,000 SH Call SOLE 50,000 0 0
MASTERCARD INCORPORATED CL A 57636Q104 816,624 1,590 SH SOLE 1,590 0 0
MCKESSON CORP COM 58155Q103 385,356 510 SH SOLE 510 0 0
MCKESSON CORP COM 58155Q103 755,600 1,000 SH Put SOLE 1,000 0 0
MERCADOLIBRE INC COM 58733R102 434,532 256 SH SOLE 256 0 0
META PLATFORMS INC CL A 30303M102 214,613 381 SH SOLE 381 0 0
META PLATFORMS INC CL A 30303M102 27,319,565 48,500 SH Call SOLE 48,500 0 0
META PLATFORMS INC CL A 30303M102 9,012,640 16,000 SH Put SOLE 16,000 0 0
MICROSOFT CORP COM 594918104 1,127,266 3,022 SH SOLE 3,022 0 0
MICROSOFT CORP COM 594918104 13,428,720 36,000 SH Call SOLE 36,000 0 0
MICROSOFT CORP COM 594918104 4,476,240 12,000 SH Put SOLE 12,000 0 0
MOODYS CORP COM 615369105 240,501 531 SH SOLE 531 0 0
NEBIUS GROUP N.V. SHS CLASS A N97284108 778,799 2,820 SH SOLE 2,820 0 0
NEOS ETF TRUST BITC HIG INC ETF 78433H642 950,119 35,373 SH SOLE 35,373 0 0
NEOS ETF TRUST BOOSTED BITCOIND 78433H527 356,221 11,998 SH SOLE 11,998 0 0
NEOS ETF TRUST NASDAQ 100 HIGH 78433H675 2,491,093 43,865 SH SOLE 43,865 0 0
NEOS ETF TRUST NEOS S&P 500 HI 78433H303 1,354,804 25,519 SH SOLE 25,519 0 0
NETFLIX INC. COM 64110L106 628,677 8,805 SH SOLE 8,805 0 0
NU HLDGS LTD ORD SHS CL A G6683N103 12,556,249 939,839 SH SOLE 939,839 0 0
NVIDIA CORPORATION COM 67066G104 2,974,738 14,867 SH SOLE 14,867 0 0
NVIDIA CORPORATION COM 67066G104 9,004,050 45,000 SH Call SOLE 45,000 0 0
NVIDIA CORPORATION COM 67066G104 18,008,100 90,000 SH Put SOLE 90,000 0 0
OREILLY AUTOMOTIVE INC COM 67103H107 302,147 3,281 SH SOLE 3,281 0 0
OREILLY AUTOMOTIVE INC COM 67103H107 920,900 10,000 SH Put SOLE 10,000 0 0
PAGSEGURO DIGITAL LTD COM CL A G68707101 188,493 20,828 SH SOLE 20,828 0 0
PALANTIR TECHNOLOGIES INC CL A 69608A108 1,012,112 8,675 SH SOLE 8,675 0 0
PALO ALTO NETWORKS INC COM 697435105 247,240 725 SH SOLE 725 0 0
PARKER-HANNIFIN CORP COM 701094104 275,830 282 SH SOLE 282 0 0
PAYCHEX INC COM 704326107 393,320 4,000 SH Put SOLE 4,000 0 0
PERSHING SQUARE INC COMMON STOCK 71531U102 608,732 18,525 SH SOLE 18,525 0 0
PERSHING SQUARE USA LTD COM SHS 71531T105 3,462,323 92,625 SH SOLE 92,625 0 0
QUALCOMM INC COM 747525103 5,546,472 30,015 SH SOLE 30,015 0 0
RIO TINTO PLC SPONSORED ADR 767204100 16,186,609 170,511 SH SOLE 170,511 0 0
S&P GLOBAL INC COM 78409V104 302,594 743 SH SOLE 743 0 0
SALESFORCE INC COM 79466L302 217,601 1,389 SH SOLE 1,389 0 0
SCHWAB CHARLES CORP COM 808513105 221,171 2,397 SH SOLE 2,397 0 0
SEAGATE TECHNOLOGY HLDNGS PL ORD SHS G7997R103 1,930,000 2,000 SH Call SOLE 2,000 0 0
SEAGATE TECHNOLOGY HLDNGS PL ORD SHS G7997R103 1,930,000 2,000 SH Put SOLE 2,000 0 0
SELECT SECTOR SPDR TR ST STR ENERG ETF 81369Y506 22,901,138 431,202 SH SOLE 431,202 0 0
SELECT SECTOR SPDR TR ST STR MATER ETF 81369Y100 513,688 10,106 SH SOLE 10,106 0 0
SELECT SECTOR SPDR TR ST STR STAPL ETF 81369Y308 23,716,485 285,500 SH SOLE 285,500 0 0
SEMPRA COM 816851109 1,390,650 15,000 SH Call SOLE 15,000 0 0
SERVICENOW INC COM 81762P102 437,328 4,405 SH SOLE 4,405 0 0
SHARONAI HOLDINGS INC COM CL A 778920306 322,893 3,814 SH SOLE 3,814 0 0
SOMNIGROUP INTERNATIONAL INC COM 88023U101 329,202 4,199 SH SOLE 4,199 0 0
SOUTHERN COPPER CORP COM 84265V105 307,743 1,766 SH SOLE 1,766 0 0
SPACE EXPLORATION TECHN CORP CLASS A COM STK 84615Q103 8,834,658 51,707 SH SOLE 51,707 0 0
SPACE EXPLORATION TECHN CORP CLASS A COM STK 84615Q103 5,980,100 35,000 SH Call SOLE 35,000 0 0
SPACE EXPLORATION TECHN CORP CLASS A COM STK 84615Q103 12,814,500 75,000 SH Put SOLE 75,000 0 0
SPDR SERIES TRUST ST STR SP BIOT 78464A870 413,033 2,610 SH SOLE 2,610 0 0
SPDR SERIES TRUST ST STR SP METAL 78464A755 630,887 5,900 SH SOLE 5,900 0 0
SPDR SERIES TRUST ST STR SP REGBNK 78464A698 11,227,500 150,000 SH SOLE 150,000 0 0
SPDR SERIES TRUST ST STR SP RETAIL 78464A714 10,704,280 122,000 SH SOLE 122,000 0 0
STATE STR SPDR S&P 500 ETF T TR UNIT 78462F103 69,897,672 93,600 SH SOLE 93,600 0 0
STATE STR SPDR S&P 500 ETF T TR UNIT 78462F103 19,714,728 26,400 SH Put SOLE 26,400 0 0
TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS 874039100 339,552 711 SH SOLE 711 0 0
TARGA RES CORP COM 87612G101 1,608,840 6,000 SH Call SOLE 6,000 0 0
TARGA RES CORP COM 87612G101 402,210 1,500 SH Put SOLE 1,500 0 0
TESLA INC COM 88160R101 32,403,865 77,042 SH SOLE 77,042 0 0
TESLA INC COM 88160R101 10,094,400 24,000 SH Put SOLE 24,000 0 0
THE CIGNA GROUP COM 125523100 827,040 3,000 SH Call SOLE 3,000 0 0
THE CIGNA GROUP COM 125523100 827,040 3,000 SH Put SOLE 3,000 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 766,078 1,528 SH SOLE 1,528 0 0
T-MOBILE US INC COM 872590104 1,677,300 10,000 SH Call SOLE 10,000 0 0
T-MOBILE US INC COM 872590104 1,593,435 9,500 SH Put SOLE 9,500 0 0
TRANSDIGM GROUP INC COM 893641100 510,171 383 SH SOLE 383 0 0
TRIMBLE INC COM 896239100 409,440 8,000 SH Call SOLE 8,000 0 0
UBER TECHNOLOGIES INC COM 90353T100 4,048,392 56,103 SH SOLE 56,103 0 0
VALE S A SPONSORED ADS 91912E105 1,550,985 103,124 SH SOLE 103,124 0 0
VANECK BITCOIN ETF SH BEN INT 92189K105 383,442 23,085 SH SOLE 23,085 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106 3,018,000 40,000 SH SOLE 40,000 0 0
VANECK ETF TRUST RARE EAR STR ETF 92189H805 1,436,886 16,236 SH SOLE 16,236 0 0
VANECK ETF TRUST SEMICONDUCTR ETF 92189F676 12,861,347 19,609 SH SOLE 19,609 0 0
VANECK ETF TRUST URANI NUCLE ETF 92189F601 1,382,598 11,921 SH SOLE 11,921 0 0
VANECK ETF TRUST VIDEO GMNG ESPRT 92189F114 1,022,432 11,392 SH SOLE 11,392 0 0
VANECK MERK GOLD ETF GOLD SHS 921078101 2,539,029 65,795 SH SOLE 65,795 0 0
VANGUARD ADMIRAL FDS INC SMLCP 600 VAL 921932778 1,191,955 10,159 SH SOLE 10,159 0 0
VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835 2,137,112 29,112 SH SOLE 29,112 0 0
VANGUARD CHARLOTTE FDS TOTAL INT BD ETF 92203J407 695,455 14,360 SH SOLE 14,360 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 518,311 5,375 SH SOLE 5,375 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 48,707,192 70,918 SH SOLE 70,918 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 832,437 13,946 SH SOLE 13,946 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 1,162,215 7,405 SH SOLE 7,405 0 0
VANGUARD STAR FDS VG TL INTL STK F 921909768 3,124,830 36,552 SH SOLE 36,552 0 0
VANGUARD WORLD FD INF TECH ETF 92204A702 675,647 5,653 SH SOLE 5,653 0 0
VEEVA SYS INC CL A COM 922475108 220,773 1,244 SH SOLE 1,244 0 0
VENTAS INC COM 92276F100 548,251 6,174 SH SOLE 6,174 0 0
VISA INC COM CL A 92826C839 683,778 1,993 SH SOLE 1,993 0 0
WALMART INC COM 931142103 14,553,910 128,500 SH SOLE 128,500 0 0
WYNN RESORTS LTD COM 983134107 585,259 6,028 SH SOLE 6,028 0 0
WYNN RESORTS LTD COM 983134107 776,720 8,000 SH Put SOLE 8,000 0 0
XP INC CL A G98239109 1,628,927 100,180 SH SOLE 100,180 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 337,979 7,433 SH SOLE 7,433 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 9,094,000 200,000 SH Call SOLE 200,000 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 9,094,000 200,000 SH Put SOLE 200,000 0 0
ZETA GLOBAL HOLDINGS CORP CL A 98956A105 499,656 25,389 SH SOLE 25,389 0 0