








| # | Company | % of Portfolio | Activity | Market Value | Shares | Change | Sector |
|---|---|---|---|---|---|---|---|
| 1 | MDGL MADRIGAL PHARMACEUTICALS INC | 27.94% | Reduced | $719.5M | 1,340,020 | −52,168 | Health Care |
| 2 | PPTA PERPETUA RESOURCES CORP | 26.07% | — | $671.5M | 32,347,299 | 0 | Materials |
| 3 | AAMI ACADIAN ASSET MANAGEMENT INC | 16.23% | Reduced | $417.9M | 5,843,282 | −1,900,000 | Financials |
| 4 | BHC BAUSCH HEALTH COS INC | 14.02% | — | $361.2M | 73,255,869 | 0 | Health Care |
| 5 | THM INTERNATIONAL TOWER HILL MIN | 8.07% | Increased | $207.9M | 104,486,703 | +4,913,665 | Materials |
| 6 | NG NOVAGOLD RESOURCES INC | 6.31% | — | $162.6M | 27,238,061 | 0 | Materials |
| 7 | THRY THRYV HLDGS INC | 1.29% | — | $33.3M | 8,443,835 | 0 | Information Technology |
| 8 | GOOGL ALPHABET INC | 0.07% | New | $1.8M | 5,000 | +5,000 | Communication Services |

Current 0.07%
+5,000Shares

+4.93%
+4,913,665Shares

Full Exit
0Shares

Full Exit
0Shares

−3.75%
−52,168Shares

−24.54%
−1,900,000Shares
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