#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SEADRILL LTD	SDRL	1,835,718	$63.4M	13.65%
2	SPDR S&P 500 ETF TR	SPY	50,000	$34.1M	7.34%
3	ORACLE CORP	ORCL-PD	146,500	$28.6M	6.15%
4	SPDR SERIES TRUST	78464A908	348,900	$22.6M	4.87%
5	SABLE OFFSHORE CORP	SOC	1,818,181	$21.3M	4.59%
6	CORE NATURAL RESOURCES INC	CNR	234,000	$20.7M	4.47%
7	MARATHON PETE CORP	MARA	96,100	$15.7M	3.38%
8	BARRICK MNG CORP	06849F108	330,600	$14.6M	3.15%
9	AMPLIFY ENERGY CORP NEW	AMPY	3,147,130	$14.6M	3.14%
10	NUCOR CORP	NUE	86,500	$14.3M	3.07%
11	HF SINCLAIR CORP	DINO	308,082	$14.3M	3.07%
12	DARLING INGREDIENTS INC	DAR	360,803	$13.2M	2.83%
13	HUDBAY MINERALS INC	HBM	599,600	$11.9M	2.57%
14	OLIN CORP	OLN	505,833	$10.6M	2.28%
15	LINDE PLC	LIN	24,350	$10.4M	2.25%
16	SM ENERGY CO	SM	552,905	$10.4M	2.24%
17	BAYTEX ENERGY CORP	BTE	2,980,698	$9.7M	2.08%
18	ISHARES BITCOIN TRUST ETF	IBIT	180,000	$8.9M	1.92%
19	CONTROLADORA VUELA COMP DE A	21240E105	1,009,652	$8.9M	1.92%
20	WESTLAKE CORPORATION	WLK	111,900	$8.4M	1.80%