HI

HBK Investments Portfolio holdings

AUM $2.52B

AUM

$2.52B

AUM Growth

-$471M (-16%)

Cap. Flow

-$83.9M

Cap. Flow % of AUM

-3.34%

Top 10 Holdings %Top 10 Hldgs %

65.13%

Holding

201

New

30

Increased

12

Reduced

21

Closed

31

Top Buys

1	iShares MSCI Brazil ETF EWZ	$20.2M
2	Hess HES	$18.8M
3	Warner Bros WBD	$17M
4	iShares Russell 2000 ETF IWM	$16.5M
5	Vale VALE	$15.1M

Top Sells

1	Fidelity Wise Origin Bitcoin Fund FBTC	$170M
2	ARK 21Shares Bitcoin ETF ARKB	$47.8M
3	Bitwise Bitcoin ETF BITB	$27.3M
4	FETH Fidelity Ethereum Fund FETH	$6.88M
5	AB InBev BUD	$6.74M

Sector Composition

1	Energy	47.68%
2	Communication Services	3.66%
3	Healthcare	3.16%
4	Technology	2.67%
5	Consumer Discretionary	1.68%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
151	151 KraneShares CSI China Internet ETF KWEB $6.37B	$0	0%	0	–	–
152	152 Leidos LDOS $19.6B	$0	0%	0	–	–
153	153 Lennar Class A LEN $27.7B	$0	0%	0	–	–
154	154 Southwest Airlines LUV $17.6B	$0	0%	0	–	–
155	155 Pediatrix Medical MD $1.16B	$0	0%	0 -20,811	Closed	–
156	156 MicroStrategy MSTR $102B	$0	0%	0	–	–
157	ETHV 157 VanEck Ethereum ETF ETHV $117M	$0	0%	0 -34,310	Closed	–
158	OS 158 OneStream, Inc. Class A Common Stock OS $5.01B	$0	0%	0 -150,000	Closed	–
159	AVR 159 Anteris Technologies Global Corp. Common Stock AVR $131M	$0	0%	0 -85,000	Closed	–
160	INFN 160 DELISTED Infinera Corporation Common Stock INFN	$0	0%	0	–	–
161	HTLF 161 DELISTED Heartland Financial USA, Inc. HTLF	$0	0%	0 -23,558	Closed	–