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

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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
ADIENT PLC ORD SHS G0084W101 2,498,191 135,919 SH SOLE 135,919 0 0
APTIV PLC COM SHS G3265R107 3,470,671 56,544 SH SOLE 56,544 0 0
ASBURY AUTOMOTIVE GROUP INC COM 043436104 1,007,210 5,009 SH SOLE 5,009 0 0
BORGWARNER INC COM 099724106 3,733,274 56,224 SH SOLE 56,224 0 0
GENERAL MTRS CO COM 37045V100 1,969,394 25,550 SH SOLE 25,550 0 0
GROUP 1 AUTOMOTIVE INC COM 398905109 1,549,316 5,321 SH SOLE 5,321 0 0
I-80 GOLD CORP COM 44955L106 4,445,876 3,000,000 SH SOLE 3,000,000 0 0
ISHARES GOLD TR ISHARES NEW 464285204 117,765,698 1,559,604 SH SOLE 1,559,604 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 331,097 9,597 SH SOLE 9,597 0 0
LITHIA MTRS INC COM 536797103 1,363,560 4,694 SH SOLE 4,694 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102 1,408,129 18,460 SH SOLE 18,460 0 0
SEA LTD SPONSORD ADS 81141R100 1,725,132 18,002 SH SOLE 18,002 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106 4,460,830 59,123 SH SOLE 59,123 0 0
VANECK ETF TRUST JUNIOR GOLD MINE 92189F791 2,350,828 23,927 SH SOLE 23,927 0 0