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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AERCAP HOLDINGS NV SHS N00985106   147,384,320 1,556,000 SH   SOLE   1,556,000 0 0
AIR LEASE CORP CL A 00912X302   17,567,991 387,900 SH   SOLE   387,900 0 0
ALCOA CORP COM 013872106   143,947,420 3,731,141 SH   SOLE   3,731,141 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   204,737,316 1,929,300 SH   SOLE   1,929,300 0 0
AMERICAN AIRLS GROUP INC COM 02376R102   13,488,000 1,200,000 SH Call SOLE   1,200,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102   181,559,653 16,152,994 SH   SOLE   16,152,994 0 0
ARROWHEAD PHARMACEUTICALS IN COM 04280A100   94,622,450 4,885,000 SH   SOLE   4,885,000 0 0
AURORA INNOVATION INC *W EXP 11/03/202 051774115   362,688 437,500 SH   SOLE   437,500 0 0
BAIDU INC SPON ADR REP A 056752108   19,257,541 182,900 SH   SOLE   182,900 0 0
CENTURY ALUM CO COM 156431108   9,705,540 598,000 SH   SOLE   598,000 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108   7,147,908 22,056 SH   SOLE   22,056 0 0
CHESAPEAKE ENERGY CORP COM 165167735   18,948,673 230,379 SH   SOLE   230,379 0 0
CIENA CORP COM NEW 171779309   175,864,086 2,855,400 SH   SOLE   2,855,400 0 0
CISCO SYS INC COM 17275R102   242,639,134 4,559,172 SH   SOLE   4,559,172 0 0
CISCO SYS INC COM 17275R102   41,644,650 782,500 SH Call SOLE   782,500 0 0
CIVITAS RESOURCES INC COM NEW 17888H103   91,709,406 1,809,935 SH   SOLE   1,809,935 0 0
CLEVELAND-CLIFFS INC NEW COM 185899101   152,844,130 11,969,000 SH   SOLE   11,969,000 0 0
CORNING INC COM 219350105   185,656,800 4,112,000 SH   SOLE   4,112,000 0 0
CUE BIOPHARMA INC COM 22978P106   1,819,139 2,402,455 SH   SOLE   2,402,455 0 0
CYCLERION THERAPEUTICS INC COM 23255M204   926,909 357,880 SH   SOLE   357,880 0 0
DELTA AIR LINES INC DEL COM NEW 247361702   329,474,730 6,487,000 SH   SOLE   6,487,000 0 0
DISNEY WALT CO COM 254687106   187,560,881 1,949,900 SH   SOLE   1,949,900 0 0
FRONTIER COMMUNICATIONS PARE COM 35909D109   81,707,595 2,299,679 SH   SOLE   2,299,679 0 0
GE AEROSPACE COM NEW 369604301   92,272,194 489,300 SH   SOLE   489,300 0 0
GE VERNOVA INC COM 36828A101   141,327,255 554,268 SH   SOLE   554,268 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109   179,334,458 8,765,125 SH   SOLE   8,765,125 0 0
INVIVYD INC COM 00534A102   3,809,700 3,735,000 SH   SOLE   3,735,000 0 0
IRHYTHM TECHNOLOGIES INC COM 450056106   37,899,520 510,500 SH   SOLE   510,500 0 0
JD.COM INC SPON ADS CL A 47215P106   98,320,000 2,458,000 SH   SOLE   2,458,000 0 0
JETBLUE AWYS CORP COM 477143101   3,634,240 554,000 SH   SOLE   554,000 0 0
KE HLDGS INC SPONSORED ADS 482497104   97,599,975 4,902,058 SH   SOLE   4,902,058 0 0
KINDER MORGAN INC DEL COM 49456B101   106,219,765 4,808,500 SH Call SOLE   4,808,500 0 0
KRANESHARES TRUST CSI CHI INTERNET 500767306   124,582,499 3,662,037 SH   SOLE   3,662,037 0 0
LAS VEGAS SANDS CORP COM 517834107   2,330,742 46,300 SH   SOLE   46,300 0 0
NEW YORK TIMES CO CL A 650111107   83,950,360 1,508,000 SH   SOLE   1,508,000 0 0
NEWMONT CORP COM 651639106   69,137,789 1,293,504 SH   SOLE   1,293,504 0 0
NOKIA CORP SPONSORED ADR 654902204   115,040,700 26,325,103 SH   SOLE   26,325,103 0 0
NOV INC COM 62955J103   26,432,490 1,655,134 SH   SOLE   1,655,134 0 0
ORGANON & CO COMMON STOCK 68622V106   47,135,612 2,463,963 SH   SOLE   2,463,963 0 0
PAN AMERN SILVER CORP COM 697900108   112,551,910 5,393,000 SH   SOLE   5,393,000 0 0
PARAMOUNT GLOBAL CLASS B COM 92556H206   93,933,900 8,845,000 SH   SOLE   8,845,000 0 0
PLATINUM GROUP METALS LTD COM 72765Q882   1,287,000 900,000 SH   SOLE   900,000 0 0
SEA LTD SPONSORD ADS 81141R100   172,522,972 1,829,900 SH   SOLE   1,829,900 0 0
SEADRILL 2021 LTD COM G7997W102   22,202,738 558,700 SH   SOLE   558,700 0 0
SEAGATE TECHNOLOGY HLDNGS PL ORD SHS G7997R103   163,320,183 1,491,100 SH Call SOLE   1,491,100 0 0
SEAGATE TECHNOLOGY HLDNGS PL ORD SHS G7997R103   337,426,114 3,080,673 SH   SOLE   3,080,673 0 0
SIBANYE STILLWATER LTD SPONSORED ADR 82575P107   12,654,690 3,079,000 SH   SOLE   3,079,000 0 0
SKYWEST INC COM 830879102   29,986,554 352,700 SH   SOLE   352,700 0 0
SOUTHWEST AIRLS CO COM 844741108   3,200,040 108,000 SH   SOLE   108,000 0 0
STANDARD BIOTOOLS INC COM 34385P108   3,116,950 1,615,000 SH   SOLE   1,615,000 0 0
STONECO LTD COM CL A G85158106   75,070,420 6,667,000 SH   SOLE   6,667,000 0 0
TAL EDUCATION GROUP SPONSORED ADS 874080104   2,557,440 216,000 SH   SOLE   216,000 0 0
TECK RESOURCES LTD CL B 878742204   182,205,441 3,487,853 SH   SOLE   3,487,853 0 0
TESLA INC COM 88160R101   38,354,958 146,600 SH   SOLE   146,600 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADS 881624209   246,301,559 13,668,233 SH   SOLE   13,668,233 0 0
TIDEWATER INC NEW COM 88642R109   46,448,130 647,000 SH   SOLE   647,000 0 0
TRANSOCEAN LTD REGISTERED SHS H8817H100   93,578,838 22,018,550 SH   SOLE   22,018,550 0 0
UNITED AIRLS HLDGS INC COM 910047109   42,669,468 747,800 SH Call SOLE   747,800 0 0
UNITED AIRLS HLDGS INC COM 910047109   284,445,926 4,985,032 SH   SOLE   4,985,032 0 0
UNITED STATES STL CORP NEW COM 912909108   18,830,890 533,000 SH   SOLE   533,000 0 0
VALARIS LTD CL A G9460G101   37,742,750 677,000 SH   SOLE   677,000 0 0
VANECK ETF TRUST JUNIOR GOLD MINE 92189F791   71,897,130 1,473,000 SH   SOLE   1,473,000 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106   69,167,340 1,737,000 SH   SOLE   1,737,000 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108   9,515,520 1,062,000 SH   SOLE   1,062,000 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104   143,715,000 17,420,000 SH   SOLE   17,420,000 0 0
WESTERN DIGITAL CORP. COM 958102105   437,923,488 6,412,703 SH   SOLE   6,412,703 0 0
WESTERN DIGITAL CORP. COM 958102105   158,951,804 2,327,600 SH Call SOLE   2,327,600 0 0
YUM CHINA HLDGS INC COM 98850P109   2,287,016 50,800 SH   SOLE   50,800 0 0