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    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>1a. Election of Director: Silvia Davila</voteDescription>
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      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>Abstain</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
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    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>1b. Election of Director: Marvin R. Ellison</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
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        <howVoted>For</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>1c. Election of Director: Stephen E. Gorman</voteDescription>
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      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>Abstain</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
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    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>1d. Election of Director: Susan Patricia Griffith</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
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        <howVoted>For</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>1e. Election of Director:  Amy B. Lane</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
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        <howVoted>Abstain</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
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  <proxyTable>
    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>1f. Election of Director: R. Brad Martin</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
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        <howVoted>For</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>1g. Election of Director: Nancy A. Norton</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>Abstain</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
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  <proxyTable>
    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>1h. Election of Director: Frederick P. Perpall</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>Abstain</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
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  <proxyTable>
    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>1i. Election of Director: Joshua Cooper Ramo</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>For</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>1j. Election of Director: Susan C. Schwab</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
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        <howVoted>For</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>1j. Election of Director: Richard W. Smith</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
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        <howVoted>For</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>1k. Election of Director: Rajesh Subramaniam</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>For</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>1l. Election of Director: Paul S. Walsh</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>2. Advisory vote to approve named executive officer compensation</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>3. Ratification of the selection of Ernst and Young LLP as FedEx's independent registered public accounting firm for fiscal year 2026</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>AUDIT-RELATED</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
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  <proxyTable>
    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>4. Approval of amendment to the FedEx Corporation 2019 Omnibus Stock Incentive Plan to increase the number of authorized shares</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
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    <voteSource>ISSUER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Fedex Corporation</issuerName>
    <cusip>31428X106</cusip>
    <meetingDate>09/29/2025</meetingDate>
    <voteDescription>5. Stockholder proposal regarding independent board chairman</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>SECURITY HOLDER</voteSource>
    <sharesVoted>35000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>35000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>1a.Tesla proposal to elect Class III Director to serve for a term of three years, or until their respective successors are duly elected and qualified: Ira Ehrenpreis</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>1b.Tesla proposal to elect Class III Director to serve for a term of three years, or until their respective successors are duly elected and qualified: Joe Gebbia</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>1c.Tesla proposal to elect Class III Director to serve for a term of three years, or until their respective successors are duly elected and qualified: Kathleen Wilson-Thompson</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
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    <voteSource>ISSUER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>2. A tesla proposal for non-binding advisory vote approving 2024 executive compensation</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>3. A Tesla proposal for approval of the A&amp;R 2019 Equity Incentive Plan</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
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    <voteSource>ISSUER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>4. A Tesla proposal for approval of the 2025 CEO Performance Award</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
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    <voteSource>ISSUER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>5. A Tesla proposal for the ratification of the appointment of PricewaterhouseCoopers LLP as Tesla's independent registered public accounting firm for the fiscal year ending December 31, 2025.</voteDescription>
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      <voteCategory>
        <categoryType>AUDIT-RELATED</categoryType>
      </voteCategory>
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    <voteSource>ISSUER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>For</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>6. A Tesla proposal for adoption of amendments to certificate of formation and bylaws to eliminate applicable supermajority voting requirements</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
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    <voteSource>ISSUER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>For</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>7. A shareholder proposal regarding Board authorization of an investment in xAI</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>SECURITY HOLDER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>8. A shareholder proposal regarding adopting targets and reporting on metrics to assess the feasibility of integrating sustainability metrics into senior executive compensation plans</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>ENVIRONMENT OR CLIMATE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>SECURITY HOLDER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>9. A shareholder proposal requesting a child labor audit.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>SECURITY HOLDER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>Against</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>10. A shareholder proposal to amend the bylaws to repeal 3% derivative suit ownership threshold</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
    </voteCategories>
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    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>Against</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>11. A shareholder proposal to amend Article X of the bylaws</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>SECURITY HOLDER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
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        <howVoted>Against</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>12. A shareholder proposal to elect each director anually</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>SECURITY HOLDER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    </vote>
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  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>13. A shareholder proposal regarding proposal that won 54% support at 2024 Tesla annual meeting.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>SECURITY HOLDER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Tesla</issuerName>
    <cusip>88160R101</cusip>
    <meetingDate>11/06/2025</meetingDate>
    <voteDescription>14. A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to Section 21.373 of the TBOC</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SHAREHOLDER RIGHTS AND DEFENSES</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>SECURITY HOLDER</voteSource>
    <sharesVoted>37500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>37500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Apple</issuerName>
    <cusip>037833100</cusip>
    <meetingDate>02/24/2026</meetingDate>
    <voteDescription>1a. Election of Director: Wanda Austin</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>57500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Abstain</howVoted>
        <sharesVoted>57500</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Apple</issuerName>
    <cusip>037833100</cusip>
    <meetingDate>02/24/2026</meetingDate>
    <voteDescription>1b. Election of Director: Tim Cook</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>57500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>57500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Apple</issuerName>
    <cusip>037833100</cusip>
    <meetingDate>02/24/2026</meetingDate>
    <voteDescription>1c. Election of Director: Alex Gorsky</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>57500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>57500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Apple</issuerName>
    <cusip>037833100</cusip>
    <meetingDate>02/24/2026</meetingDate>
    <voteDescription>1d. Election of Director: Andrea Jung</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>57500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>57500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Apple</issuerName>
    <cusip>037833100</cusip>
    <meetingDate>02/24/2026</meetingDate>
    <voteDescription>1e. Election of Director: Art Levinson</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>57500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>57500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Apple</issuerName>
    <cusip>037833100</cusip>
    <meetingDate>02/24/2026</meetingDate>
    <voteDescription>1f. Election of Director: Monica Lozano</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>57500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>57500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Apple</issuerName>
    <cusip>037833100</cusip>
    <meetingDate>02/24/2026</meetingDate>
    <voteDescription>1g. Election of Director: Ron Sugar</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>57500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>57500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Apple</issuerName>
    <cusip>037833100</cusip>
    <meetingDate>02/24/2026</meetingDate>
    <voteDescription>1h. Election of Director: Sue Wagner</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>57500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>57500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Apple</issuerName>
    <cusip>037833100</cusip>
    <meetingDate>02/24/2026</meetingDate>
    <voteDescription>2. Ratification of the appointment of Ernst &amp; Young LLP as Apple's independent registered public accounting firm for fiscal 2026.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>AUDIT-RELATED</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>57500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>57500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Apple</issuerName>
    <cusip>037833100</cusip>
    <meetingDate>02/24/2026</meetingDate>
    <voteDescription>3. Advisory vote to approve executive compensation</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>57500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>57500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Apple</issuerName>
    <cusip>037833100</cusip>
    <meetingDate>02/24/2026</meetingDate>
    <voteDescription>4. Approval of the Apple, Inc. Non-Employee Director Stock Plan, as amended and restated</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>COMPENSATION</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>57500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>57500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Apple</issuerName>
    <cusip>037833100</cusip>
    <meetingDate>02/24/2026</meetingDate>
    <voteDescription>5. A shareholder proposal entitled &quot;China Entanglement Audit&quot;</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>OTHER SOCIAL ISSUES</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>SECURITY HOLDER</voteSource>
    <sharesVoted>57500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>57500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>KKR &amp; Co. Inc.</issuerName>
    <cusip>48251W104</cusip>
    <meetingDate>04/21/2026</meetingDate>
    <voteDescription>1. An amendment to the Company's Second Amended and Restated Certificate of Incorporation (the &quot;Existing Charter&quot;) to remove the supermajority voting requirements for stockerholders to amend certain provisions of the Company's Existing Charter</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>100000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>100000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>KKR &amp; Co. Inc.</issuerName>
    <cusip>48251W104</cusip>
    <meetingDate>04/21/2026</meetingDate>
    <voteDescription>2. An amendment to the Existing Charter to establish stockholder's meetings as the sole mechanism for approval of matters on which holders of common stock are required or permitted to vote</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>100000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>100000</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>KKR &amp; Co. Inc.</issuerName>
    <cusip>48251W104</cusip>
    <meetingDate>04/21/2026</meetingDate>
    <voteDescription>3. An amendment to the Existing Charter to grant the Board the sole authority to fill board vacancies and newly created directorships</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>100000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>100000</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>KKR &amp; Co. Inc.</issuerName>
    <cusip>48251W104</cusip>
    <meetingDate>04/21/2026</meetingDate>
    <voteDescription>4. Other amendments to the Existing Charter to modernize and streamline the Existing Charter</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>100000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>100000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>KKR &amp; Co. Inc.</issuerName>
    <cusip>48251W104</cusip>
    <meetingDate>04/21/2026</meetingDate>
    <voteDescription>5. The adjournment of the Special Meeting, from time to time, if necessary or appropriate, to solicit additional proxies if there are not sufficient votes in favor of any of the amendments to the Existing Charter</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>100000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>100000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Park Hotels and Resorts, Inc.</issuerName>
    <cusip>700517105</cusip>
    <meetingDate>04/24/2026</meetingDate>
    <voteDescription>1a. Election of Director: Thomas J. Baltimore, Jr.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>824000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>824000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Park Hotels and Resorts, Inc.</issuerName>
    <cusip>700517105</cusip>
    <meetingDate>04/24/2026</meetingDate>
    <voteDescription>1b. Election of Director: Patricia M. Bedient</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>824000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>824000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Park Hotels and Resorts, Inc.</issuerName>
    <cusip>700517105</cusip>
    <meetingDate>04/24/2026</meetingDate>
    <voteDescription>1c. Election of Director: Thomas D. Eckert</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>824000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>824000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Park Hotels and Resorts, Inc.</issuerName>
    <cusip>700517105</cusip>
    <meetingDate>04/24/2026</meetingDate>
    <voteDescription>1d. Election of Director: Geoffrey M. Garrett</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>824000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>824000</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Park Hotels and Resorts, Inc.</issuerName>
    <cusip>700517105</cusip>
    <meetingDate>04/24/2026</meetingDate>
    <voteDescription>1e. Election of Director: Christie B. Kelly</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>824000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>824000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Park Hotels and Resorts, Inc.</issuerName>
    <cusip>700517105</cusip>
    <meetingDate>04/24/2026</meetingDate>
    <voteDescription>1f. Election of Director: Terri D. McClements</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>824000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>824000</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Park Hotels and Resorts, Inc.</issuerName>
    <cusip>700517105</cusip>
    <meetingDate>04/24/2026</meetingDate>
    <voteDescription>1g. Election of Director: Thomas A. Natelli</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>824000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>824000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Park Hotels and Resorts, Inc.</issuerName>
    <cusip>700517105</cusip>
    <meetingDate>04/24/2026</meetingDate>
    <voteDescription>1h. Election of Director: Timothy N. Naughton</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>824000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>824000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Park Hotels and Resorts, Inc.</issuerName>
    <cusip>700517105</cusip>
    <meetingDate>04/24/2026</meetingDate>
    <voteDescription>1i. Election of Director: Steven I. Sadove</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>824000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>824000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Park Hotels and Resorts, Inc.</issuerName>
    <cusip>700517105</cusip>
    <meetingDate>04/24/2026</meetingDate>
    <voteDescription>2. To approve, on an advisory (non-binding) basis, the compensation of our named executive officers.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>824000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>824000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Park Hotels and Resorts, Inc.</issuerName>
    <cusip>700517105</cusip>
    <meetingDate>04/24/2026</meetingDate>
    <voteDescription>3. To ratify the appointment of Ernst &amp; Young LLP as our independent registered public accounting firm ofr the fiscal year ending December 31, 2026.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>AUDIT-RELATED</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>824000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>824000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Eli Lilly and Company</issuerName>
    <cusip>532457108</cusip>
    <meetingDate>05/04/2026</meetingDate>
    <voteDescription>1a. Election of Director to serve a three-year term: Carolyn Bertozzi</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>27500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>27500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Eli Lilly and Company</issuerName>
    <cusip>532457108</cusip>
    <meetingDate>05/04/2026</meetingDate>
    <voteDescription>1b. Election of Director to serve a three-year term: William Kaelin, Jr.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>27500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>27500</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Eli Lilly and Company</issuerName>
    <cusip>532457108</cusip>
    <meetingDate>05/04/2026</meetingDate>
    <voteDescription>1c. Election of Director to serve a three-year term: Jon Moeller</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>27500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>27500</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Eli Lilly and Company</issuerName>
    <cusip>532457108</cusip>
    <meetingDate>05/04/2026</meetingDate>
    <voteDescription>1d. Election of Director to serve a three-year term: David Ricks</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>27500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>27500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Eli Lilly and Company</issuerName>
    <cusip>532457108</cusip>
    <meetingDate>05/04/2026</meetingDate>
    <voteDescription>2. Approval, on an advisory basis, of the compensation paid to the company's named executive officers</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>27500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>27500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Eli Lilly and Company</issuerName>
    <cusip>532457108</cusip>
    <meetingDate>05/04/2026</meetingDate>
    <voteDescription>3. Ratification of the appointment of Ernst &amp; Young LLP as the independent auditor for 2026.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>AUDIT-RELATED</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>27500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>27500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Eli Lilly and Company</issuerName>
    <cusip>532457108</cusip>
    <meetingDate>05/04/2026</meetingDate>
    <voteDescription>4. Approval of amendments to the company's articles of incorporation to eliminate the classified board structure.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>27500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>27500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Eli Lilly and Company</issuerName>
    <cusip>532457108</cusip>
    <meetingDate>05/04/2026</meetingDate>
    <voteDescription>5. Approval of amendments to the company's articles of incorporation to eliminate supermajority voting provisions.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>27500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>27500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Eli Lilly and Company</issuerName>
    <cusip>532457108</cusip>
    <meetingDate>05/04/2026</meetingDate>
    <voteDescription>6. Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>CORPORATE GOVERNANCE</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>SECURITY HOLDER</voteSource>
    <sharesVoted>27500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>27500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Eli Lilly and Company</issuerName>
    <cusip>532457108</cusip>
    <meetingDate>05/04/2026</meetingDate>
    <voteDescription>7. Shareholder proposal to perpare an annual lobbying report.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>OTHER SOCIAL ISSUES</categoryType>
      </voteCategory>
    </voteCategories>
    <sharesVoted>27500</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>27500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Circle Internet Group, Inc.</issuerName>
    <cusip>172573107</cusip>
    <meetingDate>05/14/2026</meetingDate>
    <voteDescription>1a. Election of Class I Director: Jeremy Allaire</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>25000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>25000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Circle Internet Group, Inc.</issuerName>
    <cusip>172573107</cusip>
    <meetingDate>05/14/2026</meetingDate>
    <voteDescription>1b. Election of Class I Director: Craig Broderick</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>25000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>25000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Circle Internet Group, Inc.</issuerName>
    <cusip>172573107</cusip>
    <meetingDate>05/14/2026</meetingDate>
    <voteDescription>1c. Election of Class I Director: P. Sean Neville</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>25000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>25000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Circle Internet Group, Inc.</issuerName>
    <cusip>172573107</cusip>
    <meetingDate>05/14/2026</meetingDate>
    <voteDescription>2. Advisory Vote to Approve Named Executive Officer Compensation</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>25000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>25000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Circle Internet Group, Inc.</issuerName>
    <cusip>172573107</cusip>
    <meetingDate>05/14/2026</meetingDate>
    <voteDescription>3. Advisory Vote to Approve the Frequency of Future Afvisory Votes on Named Executive Officer Compensation</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>25000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>1 year</howVoted>
        <sharesVoted>25000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Circle Internet Group, Inc.</issuerName>
    <cusip>172573107</cusip>
    <meetingDate>05/14/2026</meetingDate>
    <voteDescription>4. Ratification of the appointment of Deloitte &amp; Touche LLP as the independent Registered Public Accounting Firm</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>AUDIT-RELATED</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>25000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>25000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Federal Agricultural Mortgage Corp.</issuerName>
    <cusip>313148108</cusip>
    <meetingDate>05/14/2026</meetingDate>
    <voteDescription>1.1. Election of Director: James R. Engebretsen</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>103225</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>103225</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Federal Agricultural Mortgage Corp.</issuerName>
    <cusip>313148108</cusip>
    <meetingDate>05/14/2026</meetingDate>
    <voteDescription>1.2. Election of Director: Lyle Logan</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>103225</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Withold</howVoted>
        <sharesVoted>103225</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Federal Agricultural Mortgage Corp.</issuerName>
    <cusip>313148108</cusip>
    <meetingDate>05/14/2026</meetingDate>
    <voteDescription>1.3 Election of Director: Eric T. McKissack</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>103225</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Withold</howVoted>
        <sharesVoted>103225</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Federal Agricultural Mortgage Corp.</issuerName>
    <cusip>313148108</cusip>
    <meetingDate>05/14/2026</meetingDate>
    <voteDescription>1.4 Election of Director: Jeffery L. Plagge</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>103225</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Withold</howVoted>
        <sharesVoted>103225</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Federal Agricultural Mortgage Corp.</issuerName>
    <cusip>313148108</cusip>
    <meetingDate>05/14/2026</meetingDate>
    <voteDescription>1.5 Election of Director: Todd P. Ware</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>103225</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Withold</howVoted>
        <sharesVoted>103225</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Federal Agricultural Mortgage Corp.</issuerName>
    <cusip>313148108</cusip>
    <meetingDate>05/14/2026</meetingDate>
    <voteDescription>2. Proposal to ratify the selection of PricewaterhouseCoopers LLP as independet auditor for Farmer Mac for the fiscal year ending December 31, 2026.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>AUDIT-RELATED</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>103225</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>103225</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>Federal Agricultural Mortgage Corp.</issuerName>
    <cusip>313148108</cusip>
    <meetingDate>05/14/2026</meetingDate>
    <voteDescription>3. Proposal to approve, on an advisory basis, the compensation of Farmer Mac's named executive officers diclosed in the Proxy Statement</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>103225</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>103225</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>East West Bancorp, Inc.</issuerName>
    <cusip>27579R104</cusip>
    <meetingDate>05/18/2026</meetingDate>
    <voteDescription>1a. Election of Director to serve until the next annual meeting of stockholders and to serve until their successors are duly elected and qualified: Manuel P. Alvarez</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>90000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>90000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>East West Bancorp, Inc.</issuerName>
    <cusip>27579R104</cusip>
    <meetingDate>05/18/2026</meetingDate>
    <voteDescription>1b. Election of Director to serve until the next annual meeting of stockholders and to serve until their successors are duly elected and qualified: Peter Babej</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>90000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>90000</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>East West Bancorp, Inc.</issuerName>
    <cusip>27579R104</cusip>
    <meetingDate>05/18/2026</meetingDate>
    <voteDescription>1c. Election of Director to serve until the next annual meeting of stockholders and to serve until their successors are duly elected and qualified: Molly Campbell</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>90000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>90000</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>East West Bancorp, Inc.</issuerName>
    <cusip>27579R104</cusip>
    <meetingDate>05/18/2026</meetingDate>
    <voteDescription>1d.  Election of Director to serve until the next annual meeting of stockholders and to serve until their successors are duly elected and qualified: Archana Deskus</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>90000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>90000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>East West Bancorp, Inc.</issuerName>
    <cusip>27579R104</cusip>
    <meetingDate>05/18/2026</meetingDate>
    <voteDescription>1e. Election of Director to serve until the next annual meeting of stockholders and to serve until their successors are duly elected and qualified: Serge Dumont</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>90000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>90000</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>East West Bancorp, Inc.</issuerName>
    <cusip>27579R104</cusip>
    <meetingDate>05/18/2026</meetingDate>
    <voteDescription>1f. Election of Director to serve until the next annual meeting of stockholders and to serve until their successors are duly elected and qualified: Mark Hutchins</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>90000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Against</howVoted>
        <sharesVoted>90000</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>East West Bancorp, Inc.</issuerName>
    <cusip>27579R104</cusip>
    <meetingDate>05/18/2026</meetingDate>
    <voteDescription>1g. Election of Director to serve until the next annual meeting of stockholders and to serve until their successors are duly elected and qualified: Paul H. Irving</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>90000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>90000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>East West Bancorp, Inc.</issuerName>
    <cusip>27579R104</cusip>
    <meetingDate>05/18/2026</meetingDate>
    <voteDescription>1h. Election of Director to serve until the next annual meeting of stockholders and to serve until their successors are duly elected and qualified: Sabrina Kay</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
    <voteSource>ISSUER</voteSource>
    <sharesVoted>90000</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>For</howVoted>
        <sharesVoted>90000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>East West Bancorp, Inc.</issuerName>
    <cusip>27579R104</cusip>
    <meetingDate>05/18/2026</meetingDate>
    <voteDescription>1i. Election of Director to serve until the next annual meeting of stockholders and to serve until their successors are duly elected and qualified: Jack C. Liu</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
      </voteCategory>
    </voteCategories>
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        <sharesVoted>90000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <cusip>27579R104</cusip>
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    <issuerName>East West Bancorp, Inc.</issuerName>
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    <voteDescription>1k. Election of Director to serve until the next annual meeting of stockholders and to serve until their successors are duly elected and qualified: Lester M. Sussman</voteDescription>
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      <voteCategory>
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    <issuerName>East West Bancorp, Inc.</issuerName>
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        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
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    <issuerName>East West Bancorp, Inc.</issuerName>
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        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>East West Bancorp, Inc.</issuerName>
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    <voteDescription>4. To approve the adoption of the East West Bancorp, Inc. Employee Stock Purchase Plan</voteDescription>
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    <issuerName>East West Bancorp, Inc.</issuerName>
    <cusip>27579R104</cusip>
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    <voteDescription>5. To ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026.</voteDescription>
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        <howVoted>For</howVoted>
        <sharesVoted>90000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
    <meetingDate>05/18/2026</meetingDate>
    <voteDescription>1a. Election of Director: Linda B. Bammann</voteDescription>
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      <voteCategory>
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    <sharesVoted>46500</sharesVoted>
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        <howVoted>For</howVoted>
        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <cusip>46625H100</cusip>
    <meetingDate>05/18/2026</meetingDate>
    <voteDescription>1b. Election of Director: Michele G. Buck</voteDescription>
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      <voteCategory>
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    <sharesVoted>46500</sharesVoted>
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        <howVoted>Against</howVoted>
        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>AGAINST</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
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    <voteDescription>1c. Election of Director: Stephen B. Burke</voteDescription>
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      <voteCategory>
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    <sharesVoted>46500</sharesVoted>
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        <sharesVoted>46500</sharesVoted>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
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    <voteDescription>1d. Election of Director: Alicia Boler Davis</voteDescription>
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      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
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    <sharesVoted>46500</sharesVoted>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
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    <voteDescription>1e. Election of Director: James Dimon</voteDescription>
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      <voteCategory>
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    <sharesVoted>46500</sharesVoted>
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        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
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    <voteDescription>1f. Election of Director: Alex Gorsky</voteDescription>
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      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
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    <sharesVoted>46500</sharesVoted>
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        <howVoted>For</howVoted>
        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
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    <voteDescription>1g. Election of Director: Mellody Hobson</voteDescription>
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      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
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        <howVoted>For</howVoted>
        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
    <meetingDate>05/18/2026</meetingDate>
    <voteDescription>1h. Election of Director: Phebe N. Novakovic</voteDescription>
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      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
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        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
    <meetingDate>05/18/2026</meetingDate>
    <voteDescription>1i. Election of Director: Virginia M. Rometty</voteDescription>
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      <voteCategory>
        <categoryType>DIRECTOR ELECTIONS</categoryType>
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    <voteSource>ISSUER</voteSource>
    <sharesVoted>46500</sharesVoted>
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        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
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    <voteDescription>1j. Election of Director: Brad D. Smith</voteDescription>
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      <voteCategory>
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        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
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    <voteDescription>1k. Election of Director: Mark A. Weinberger</voteDescription>
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      <voteCategory>
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        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
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    <voteDescription>2. Advisory resolution to approve executive compensation</voteDescription>
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      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
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        <howVoted>For</howVoted>
        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
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    <voteDescription>3. Ratification of independent registered public account firm</voteDescription>
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      <voteCategory>
        <categoryType>AUDIT-RELATED</categoryType>
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        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
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    <voteDescription>4. Report on congruence of security, resiliency, and climate initiatives</voteDescription>
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      <voteCategory>
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        <howVoted>Against</howVoted>
        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
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    <voteDescription>5. Independent board chairman</voteDescription>
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      <voteCategory>
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    <sharesVoted>46500</sharesVoted>
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    <vote>
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        <howVoted>Against</howVoted>
        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
    <cusip>46625H100</cusip>
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    <voteDescription>6. Lobbying alignment</voteDescription>
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        <categoryType>OTHER SOCIAL ISSUES</categoryType>
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    <sharesVoted>46500</sharesVoted>
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        <howVoted>Against</howVoted>
        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>JP Morgan Chase</issuerName>
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    <voteDescription>7. Sustainability ROI report</voteDescription>
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        <howVoted>Against</howVoted>
        <sharesVoted>46500</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>Amazon</issuerName>
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    <voteDescription>1a. Election of Director: Jeffery P. Bezos</voteDescription>
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    <sharesVoted>98000</sharesVoted>
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    <vote>
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        <howVoted>For</howVoted>
        <sharesVoted>98000</sharesVoted>
        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>Amazon</issuerName>
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    <voteDescription>1b. Election of Director: Andrew R. Jassy</voteDescription>
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      <voteCategory>
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    <sharesVoted>98000</sharesVoted>
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        <howVoted>For</howVoted>
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        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>Amazon</issuerName>
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    <voteDescription>1c. Election of Director: Edith W. Cooper</voteDescription>
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        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>Amazon</issuerName>
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    <voteDescription>1d. Election of Director: Jamie S. Georelick</voteDescription>
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      <voteCategory>
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        <howVoted>For</howVoted>
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        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>Amazon</issuerName>
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    <voteDescription>1e. Election of Director: Daniel P. Huttenlocher</voteDescription>
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        <managementRecommendation>FOR</managementRecommendation>
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    <issuerName>Amazon</issuerName>
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    <voteDescription>1f. Election of Director: Andrew Y. Ng</voteDescription>
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    <voteDescription>1g. Election of Director: Indra K. Nooyi</voteDescription>
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    <voteDescription>1h. Election of Director: Jonathan J. Rubinstein</voteDescription>
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    <issuerName>Amazon</issuerName>
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        <howVoted>Against</howVoted>
        <sharesVoted>101000</sharesVoted>
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    <voteDescription>1c. Election of Class I Director for a Two-Year Term: William Oplinger</voteDescription>
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        <howVoted>1 year</howVoted>
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