Holdings
| MAT MATTEL INC | $214.7M | 7.5% | 12,034,582 | −1,876,157 | −13.5% | Reduced |
| LUMN LUMEN TECHNOLOGIES INC | $208.2M | 7.3% | 39,886,141 | −18,741,439 | −32.0% | Reduced |
| CNX CNX RESOURCES CORP | $193.3M | 6.8% | 11,479,566 | −3,695,897 | −24.4% | Reduced |
| H HYATT HOTELS CORP - CL A | $164.0M | 5.7% | 1,813,306 | −848,762 | −31.9% | Reduced |
| GE GENERAL ELECTRIC | $155.9M | 5.5% | 1,861,085 | −1,288,569 | −40.9% | Reduced |
| AMG AFFILIATED MANAGERS GROUP | $147.6M | 5.2% | 931,781 | −686,331 | −42.4% | Reduced |
| FDX FEDEX CORP | $136.0M | 4.8% | 784,985 | −401,444 | −33.8% | Reduced |
| MGM MGM RESORTS INTERNATIONAL | $124.9M | 4.4% | 3,723,554 | −1,575,625 | −29.7% | Reduced |
| PPLI PEOPLE INC | $114.9M | 4.0% | 2,588,132 | −157,214 | −5.7% | Reduced |
| WBD WARNER BROS DISCOVERY INC | $113.8M | 4.0% | 12,002,947 | −1,736,917 | −12.6% | Reduced |
| WEST WESTROCK COFFEE CO | $107.0M | 3.7% | 8,008,000 | — | — | Held |
| PVH PVH CORP | $100.0M | 3.5% | 1,416,357 | −955,856 | −40.3% | Reduced |
| GOOG ALPHABET INC-CL C | $97.5M | 3.4% | 1,099,136 | −396,993 | −26.5% | Reduced |
| FISV FISERV INC | $90.7M | 3.2% | 897,884 | −240,040 | −21.1% | Reduced |
| LAZ LAZARD INC | $88.5M | 3.1% | 2,553,138 | −2,380,724 | −48.3% | Reduced |
| WTM WHITE MOUNTAINS INSURANCE GP | $78.5M | 2.8% | 55,493 | −57,104 | −50.7% | Reduced |
| WMG WARNER MUSIC GROUP CORP-CL A | $78.0M | 2.7% | 2,226,669 | −1,141,831 | −33.9% | Reduced |
| BATRKUSD LIBERTY MEDIA CORP-BRAVES C | $76.5M | 2.7% | 2,374,647 | −789,324 | −24.9% | Reduced |
| 8L8C LIBERTY BROADBAND-C | $75.5M | 2.6% | 990,467 | −436,983 | −30.6% | Reduced |
| GHC GRAHAM HOLDINGS CO-CLASS B | $69.9M | 2.5% | 115,733 | −139,685 | −54.7% | Reduced |
| MSGS MADISON SQUARE GARDEN SPORTS | $69.6M | 2.4% | 379,568 | −438,303 | −53.6% | Reduced |
| ESRT EMPIRE STATE REALTY TRUST-A | $55.7M | 2.0% | 8,269,302 | −4,913,741 | −37.3% | Reduced |
| Anywhere Real Estate Inc | $41.8M | 1.5% | 6,543,957 | −4,035,619 | −38.1% | Reduced |
| OSCR OSCAR HEALTH INC - CLASS A | $35.9M | 1.3% | 14,576,904 | +3,430,032 | +30.8% | Added |
| 4KS VIMEO INC | $35.2M | 1.2% | 10,270,517 | −1,025,803 | −9.1% | Reduced |
| SWK STANLEY BLACK & DECKER INC | $32.7M | 1.1% | 435,400 | −27,016 | −5.8% | Reduced |
| DOORUSD MASONITE INTERNATIONAL CORP | $32.6M | 1.1% | 404,111 | — | — | Held |
| DEI DOUGLAS EMMETT INC | $31.0M | 1.1% | 1,976,071 | −2,575,505 | −56.6% | Reduced |
| CNH CNH INDUSTRIAL NV | $27.8M | 1.0% | 1,731,430 | −1,834,465 | −51.4% | Reduced |
| HTHT H WORLD GROUP LTD-ADR | $24.9M | 0.9% | 587,104 | −41,392 | −6.6% | Reduced |
| JOYY JOYY INC-ADR | $23.7M | 0.8% | 751,794 | −30,716 | −3.9% | Reduced |
| RNR RENAISSANCERE HOLDINGS LTD | $1.6M | 0.1% | 8,830 | −313,207 | −97.3% | Reduced |
| CAH CARDINAL HEALTH INC | $1.3M | 0.0% | 16,785 | −4,823 | −22.3% | Reduced |
| MLCO MELCO RESORTS & ENTERT-ADR | $931K | 0.0% | 80,926 | — | — | Held |
| RXO RXO INC | $752K | 0.0% | 43,731 | +43,731 | — | New |
| PAYAUSD PAYA HOLDINGS INC | $724K | 0.0% | 92,048 | −17,997 | −16.4% | Reduced |
| XPO XPO INC | $536K | 0.0% | 16,089 | — | — | Held |
| 8IN SYNEOS HEALTH INC | $387K | 0.0% | 10,550 | — | — | Held |
| CMCSA COMCAST CORP-CLASS A | $333K | 0.0% | 9,531 | — | — | Held |
| Liberty Broadband Corporation | $214K | 0.0% | 2,824 | −15,695 | −84.8% | Reduced |
Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.