The Securities and Exchange Commission has not necessarily
reviewed the information in this filing and has not determined
if it is accurate and complete.
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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| 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 |
| AMAZON COM INC | COM | 023135106 | 52,393,091 | 219,825 | SH | SOLE | 219,825 | 0 | 0 | ||
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 202,908,145 | 405,500 | SH | SOLE | 405,500 | 0 | 0 | ||
| BROADCOM INC | COM | 11135F101 | 9,066,000 | 24,000 | SH | SOLE | 24,000 | 0 | 0 | ||
| CITIGROUP INC | COM NEW | 172967424 | 131,842,320 | 942,000 | SH | SOLE | 942,000 | 0 | 0 | ||
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | G25457105 | 2,841,878 | 10,450 | SH | SOLE | 10,450 | 0 | 0 | ||
| GE VERNOVA INC | COM | 36828A101 | 2,637,561 | 2,245 | SH | SOLE | 2,245 | 0 | 0 | ||
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | 118,330,290 | 117,000 | SH | SOLE | 117,000 | 0 | 0 | ||
| INVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | 46137V357 | 384,262,620 | 1,806,000 | SH | SOLE | 1,806,000 | 0 | 0 | ||
| ISHARES INC | MSCI BRAZIL ETF | 464286400 | 34,845,000 | 1,010,000 | SH | SOLE | 1,010,000 | 0 | 0 | ||
| ISHARES INC | MSCI JAPAN ETF | 46434G822 | 14,857,911 | 159,300 | SH | SOLE | 159,300 | 0 | 0 | ||
| ISHARES INC | MSCI STH KOR ETF | 464286772 | 8,731,771 | 43,248 | SH | SOLE | 43,248 | 0 | 0 | ||
| ISHARES TR | CORE S&P500 ETF | 464287200 | 883,222,893 | 1,179,376 | SH | SOLE | 1,179,376 | 0 | 0 | ||
| ISHARES TR | MSCI INDIA ETF | 46429B598 | 9,976,780 | 202,000 | SH | SOLE | 202,000 | 0 | 0 | ||
| JPMORGAN CHASE & CO | COM | 46625H100 | 465,790,590 | 1,423,000 | SH | SOLE | 1,423,000 | 0 | 0 | ||
| MICROSOFT CORP | COM | 594918104 | 127,759,350 | 342,500 | SH | SOLE | 342,500 | 0 | 0 | ||
| MICROSOFT CORP | COM | 594918104 | 35,362,296 | 94,800 | SH | Call | SOLE | 94,800 | 0 | 0 | |
| NVIDIA CORPORATION | COM | 67066G104 | 20,809,360 | 104,000 | SH | SOLE | 104,000 | 0 | 0 | ||
| SELECT SECTOR SPDR TR | ST STR INDL ETF | 81369Y704 | 38,435,225 | 207,500 | SH | SOLE | 207,500 | 0 | 0 | ||
| SPDR SERIES TRUST | ST STR P500ETF | 78464A854 | 1,023,837,152 | 11,650,400 | SH | SOLE | 11,650,400 | 0 | 0 | ||
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | 53,758,125 | 712,500 | SH | SOLE | 712,500 | 0 | 0 | ||
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | 33,778,335 | 51,500 | SH | Put | SOLE | 51,500 | 0 | 0 | |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 | 28,793,571 | 43,900 | SH | SOLE | 43,900 | 0 | 0 | ||
| VERTIV HOLDINGS CO | COM CL A | 92537N108 | 2,745,524 | 8,200 | SH | SOLE | 8,200 | 0 | 0 | ||
| VICTORY PORTFOLIOS II | SHS FR CA FL ETF | 92647X830 | 10,019,250 | 219,000 | SH | SOLE | 219,000 | 0 | 0 | ||