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
Estimated average burden
hours per response: 23.8
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
2023 ETF SERIES TRUST II GMO US QUALITY E 90139K100 BBG01K0RTLB4 521,760 16,000 SH   SOLE   16,000 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 BBG001S5NDV7 1,495,897 69,383 SH   SOLE   69,383 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 BBG006G2JWB1 792,080 7,464 SH   SOLE   7,464 0 0
ALIGHT INC COM CL A 01626W101 BBG00H00J2Q8 637,258 86,116 SH   SOLE   86,116 0 0
ALLY FINL INC COM 02005N100 BBG001S5RLN4 1,147,849 32,252 SH   SOLE   32,252 0 0
ALPHABET INC CAP STK CL A 02079K305 BBG009S39JY5 2,993,261 18,048 SH   SOLE   18,048 0 0
AMAZON COM INC COM 023135106 BBG001S5PQL7 6,975,637 37,437 SH   SOLE   37,437 0 0
APOGEE THERAPEUTICS INC COM 03770N101 BBG01H51WZL7 457,996 7,797 SH   SOLE   7,797 0 0
APPFOLIO INC COM CL A 03783C100 BBG008GC8CS3 1,808,578 7,683 SH   SOLE   7,683 0 0
APPLE INC COM 037833100 BBG001S5N8V8 21,220,242 91,074 SH   SOLE   91,074 0 0
AUTODESK INC COM 052769106 BBG001S5SCD4 719,003 2,610 SH   SOLE   2,610 0 0
BAIN CAP SPECIALTY FIN INC COM STK 05684B107 BBG00JDV0M33 207,500 12,500 SH   SOLE   12,500 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 BBG001S90346 7,068,213 15,357 SH   SOLE   15,357 0 0
BLOOMIN BRANDS INC COM 094235108 BBG002VZ69Q9 515,422 31,181 SH   SOLE   31,181 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107 BBG001SF86D7 1,161,062 21,845 SH   SOLE   21,845 0 0
CARVANA CO CL A 146869102 BBG00GCTWF71 31,343,456 180,021 SH   SOLE   180,021 0 0
COGENT COMMUNICATIONS HLDGS COM NEW 19239V302 BBG001SC5GP2 1,244,860 16,397 SH   SOLE   16,397 0 0
COUPANG INC CL A 22266T109 BBG00XMJRPR7 1,802,166 73,408 SH   SOLE   73,408 0 0
CREDIT ACCEP CORP MICH COM 225310101 BBG001S71KS5 14,234,669 32,102 SH   SOLE   32,102 0 0
CRH PLC ORD G25508105 BBG001S61NK9 946,690 10,208 SH   SOLE   10,208 0 0
CROWN HLDGS INC COM 228368106 BBG001S5PKZ5 824,760 8,602 SH   SOLE   8,602 0 0
DBX ETF TR XTRACK HRVST CSI 233051879 BBG005HJL932 783,366 27,400 SH   SOLE   27,400 0 0
DESPEGAR COM CORP ORD SHS G27358103 BBG00HFV9HL7 611,357 49,303 SH   SOLE   49,303 0 0
DISCOVER FINL SVCS COM 254709108 BBG001SS0KV6 804,002 5,731 SH   SOLE   5,731 0 0
EA SERIES TRUST STRIVE US SEMICO 02072L672 BBG019T923G2 468,100 10,000 SH   SOLE   10,000 0 0
ENSTAR GROUP LIMITED SHS G3075P101 BBG001SKW104 1,096,300 3,409 SH   SOLE   3,409 0 0
EQUITABLE HLDGS INC COM 29452E101 BBG00J7CBWL8 788,651 18,764 SH   SOLE   18,764 0 0
FAIR ISAAC CORP COM 303250104 BBG001S8ZT61 575,282 296 SH   SOLE   296 0 0
FORTREA HLDGS INC COMMON STOCK 34965K107 BBG01GZF9W47 1,039,960 51,998 SH   SOLE   51,998 0 0
FRONTIER GROUP HLDGS INC COM 35909R108 BBG00GCTTKY4 926,663 173,208 SH   SOLE   173,208 0 0
FS KKR CAP CORP COM 302635206 BBG001YCZQ07 197,300 10,000 SH   SOLE   10,000 0 0
GARRETT MOTION INC COM 366505105 BBG00HY28Q04 732,985 89,607 SH   SOLE   89,607 0 0
GE AEROSPACE COM NEW 369604301 BBG001S5PVD5 1,668,744 8,849 SH   SOLE   8,849 0 0
GEN DIGITAL INC COM 668771108 BBG001S5QG38 671,569 24,483 SH   SOLE   24,483 0 0
GLOBAL X FDS GB MSCI AR ETF 37950E259 BBG001V0LJT6 1,237,158 18,660 SH   SOLE   18,660 0 0
GLOBAL X FDS GLB X MLP ENRG I 37954Y293 BBG004Y67XK8 3,245,062 59,619 SH   SOLE   59,619 0 0
GODADDY INC CL A 380237107 BBG006MDLXZ9 645,306 4,116 SH   SOLE   4,116 0 0
GOLUB CAP BDC INC COM 38173M102 BBG001T63BY7 1,511,000 100,000 SH   SOLE   100,000 0 0
H WORLD GROUP LTD SPONSORED ADS 44332N106 BBG001T6Y5T2 5,091,192 136,860 SH   SOLE   136,860 0 0
HERCULES CAPITAL INC COM 427096508 BBG001SDPHZ5 392,800 20,000 SH   SOLE   20,000 0 0
HUMANA INC COM 444859102 BBG001S5S1X6 537,191 1,696 SH   SOLE   1,696 0 0
IAC INC COM NEW 44891N208 BBG00S1LR2D2 1,250,185 23,229 SH   SOLE   23,229 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 BBG001SQ4YC7 9,737,919 69,876 SH   SOLE   69,876 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 BBG001SDJ4R0 490,273 3,052 SH   SOLE   3,052 0 0
INTUIT COM 461202103 BBG001S6TWR2 461,403 743 SH   SOLE   743 0 0
INVESCO DB COMMDY INDX TRCK UNIT 46138B103 BBG001SNZTS4 6,258,404 281,024 SH   SOLE   281,024 0 0
ISHARES ETHEREUM TR SHS 46438R105 BBG01NXX8HZ5 198,470 10,090 SH   SOLE   10,090 0 0
ISHARES INC MSCI AUST ETF 464286103 BBG001S6ZW40 1,897,619 69,997 SH   SOLE   69,997 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 BBG001SFN5N1 1,032,150 35,000 SH   SOLE   35,000 0 0
ISHARES INC MSCI CDA ETF 464286509 BBG001S8R7V0 207,600 5,000 SH   SOLE   5,000 0 0
ISHARES INC MSCI CHILE ETF 464286640 BBG001T0LL05 381,920 14,000 SH   SOLE   14,000 0 0
ISHARES INC MSCI FRANCE ETF 464286707 BBG001S8S2R5 2,055,148 50,870 SH   SOLE   50,870 0 0
ISHARES INC MSCI ITALY ETF 46434G830 BBG001S8SYM0 389,600 10,000 SH   SOLE   10,000 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 BBG001S8SYN9 11,768,330 164,500 SH   SOLE   164,500 0 0
ISHARES INC MSCI SINGPOR ETF 46434G780 BBG001S8SYS4 1,772,000 80,000 SH   SOLE   80,000 0 0
ISHARES INC MSCI SPAIN ETF 464286764 BBG001S8SYT3 1,411,600 40,000 SH   SOLE   40,000 0 0
ISHARES INC MSCI STH KOR ETF 464286772 BBG001SF9FC7 959,400 15,000 SH   SOLE   15,000 0 0
ISHARES INC MSCI SWITZERLAND 464286749 BBG001S8SYW9 833,600 16,000 SH   SOLE   16,000 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772 BBG001SFGL81 430,960 8,000 SH   SOLE   8,000 0 0
ISHARES TR 1 3 YR TREAS BD 464287457 BBG001SKXPR1 9,250,438 111,250 SH   SOLE   111,250 0 0
ISHARES TR 10-20 YR TRS ETF 464288653 BBG001SSD830 2,209,559 20,210 SH   SOLE   20,210 0 0
ISHARES TR 20 YR TR BD ETF 464287432 BBG001S8MLN3 2,746,800 28,000 SH   SOLE   28,000 0 0
ISHARES TR 3 7 YR TREAS BD 464288661 BBG001SSD812 7,415,510 62,000 SH   SOLE   62,000 0 0
ISHARES TR 7-10 YR TRSY BD 464287440 BBG001S80936 2,256,760 23,000 SH   SOLE   23,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 BBG001SMDNB1 818,335 25,750 SH   SOLE   25,750 0 0
ISHARES TR IBOXX HI YD ETF 464288513 BBG001ST0ZQ7 2,072,704 25,812 SH   SOLE   25,812 0 0
ISHARES TR INTRM GOV CR ETF 464288612 BBG001SSD885 516,972 4,827 SH   SOLE   4,827 0 0
ISHARES TR MSCI AC ASIA ETF 464288182 BBG001T2V2D8 12,671,401 161,522 SH   SOLE   161,522 0 0
ISHARES TR MSCI INDIA ETF 46429B598 BBG002DMN4B6 1,755,900 30,000 SH   SOLE   30,000 0 0
ISHARES TR MSCI IRELAND ETF 46429B507 BBG001S56P85 2,744,432 40,000 SH   SOLE   40,000 0 0
ISHARES TR MSCI UK ETF NEW 46435G334 BBG001S8SYX8 3,741,000 100,000 SH   SOLE   100,000 0 0
ISHARES TR TIPS BD ETF 464287176 BBG001SD9RM5 8,713,874 78,880 SH   SOLE   78,880 0 0
ISHARES TR U.S. REAL ES ETF 464287739 BBG001SFGXJ3 4,266,316 41,880 SH   SOLE   41,880 0 0
J P MORGAN EXCHANGE TRADED F BETBULD MSCI 46641Q738 BBG00L53HC42 55,148,122 546,508 SH   SOLE   546,508 0 0
KASPI KZ JSC SPONSORED ADS 48581R205 BBG00QD4Z4X6 1,803,314 17,014 SH   SOLE   17,014 0 0
KELLANOVA COM 487836108 BBG001S5SJL0 946,244 11,724 SH   SOLE   11,724 0 0
KRANESHARES TRUST CALIFORNIA CARB 500767553 BBG012TH9ZK6 1,104,519 51,230 SH   SOLE   51,230 0 0
KRANESHARES TRUST CSI CHI INTERNET 500767306 BBG004XB9HZ5 972,972 28,600 SH   SOLE   28,600 0 0
KRANESHARES TRUST GLOBAL CARB STRA 500767678 BBG00WC70964 8,177,778 258,300 SH   SOLE   258,300 0 0
MARSH & MCLENNAN COS INC COM 571748102 BBG001S5T7M4 459,342 2,059 SH   SOLE   2,059 0 0
MERCADOLIBRE INC COM 58733R102 BBG001SM32G3 2,031,440 990 SH   SOLE   990 0 0
META PLATFORMS INC CL A 30303M102 BBG001SQCQC5 26,352,849 46,036 SH   SOLE   46,036 0 0
MICROSOFT CORP COM 594918104 BBG001S5TD05 6,513,882 15,138 SH   SOLE   15,138 0 0
MOODYS CORP COM 615369105 BBG001S5VP87 1,494,009 3,148 SH   SOLE   3,148 0 0
NUVEEN S&P 500 BUY-WRITE INC COM 6706ER101 BBG001S7ZM04 137,200 10,000 SH   SOLE   10,000 0 0
NVIDIA CORPORATION COM 67066G104 BBG001S5TZJ6 17,307,629 142,520 SH   SOLE   142,520 0 0
OSCAR HEALTH INC CL A 687793109 BBG00YMWFVT4 729,645 34,401 SH   SOLE   34,401 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102 BBG00LBLDFH8 9,665,877 71,700 SH   SOLE   71,700 0 0
ROYAL GOLD INC COM 780287108 BBG001S5VNX4 819,633 5,842 SH   SOLE   5,842 0 0
SALESFORCE INC COM 79466L302 BBG001SDLP09 689,202 2,518 SH   SOLE   2,518 0 0
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 BBG00L5F9FV7 904,000 10,000 SH   SOLE   10,000 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605 BBG001S7T223 862,440 19,030 SH   SOLE   19,030 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 BBG001S7T107 10,377,905 125,035 SH   SOLE   125,035 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 BBG001S7SCQ6 11,885,877 77,171 SH   SOLE   77,171 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 BBG001S7TCZ5 903,040 4,000 SH   SOLE   4,000 0 0
SIMPLIFY EXCHANGE TRADED FUN SIMPLIFY INTERST 82889N855 BBG010Z8GX02 390,640 9,500 SH   SOLE   9,500 0 0
SPDR GOLD TR GOLD SHS 78463V107 BBG001SCPX28 3,204,017 13,182 SH   SOLE   13,182 0 0
SPDR SER TR BLOOMBERG HIGH Y 78468R622 BBG001SQS7X7 3,576,180 36,570 SH   SOLE   36,570 0 0
SPDR SER TR BLOOMBERG SHT TE 78468R408 BBG002QLYD04 1,287,500 50,000 SH   SOLE   50,000 0 0
SPDR SER TR COMP SOFTWARE 78464A599 BBG0024LG5C2 642,754 4,000 SH   SOLE   4,000 0 0
SPDR SER TR S&P OILGAS EXP 78468R556 BBG001SB12P9 1,972,800 15,000 SH   SOLE   15,000 0 0
SPROTT PHYSICAL GOLD TR UNIT 85207H104 BBG001T66XM9 8,070,480 396,000 SH   SOLE   396,000 0 0
SPYRE THERAPEUTICS INC COM NEW 00773J202 BBG0067L94C1 534,791 18,184 SH   SOLE   18,184 0 0
STELLANTIS N.V SHS N82405106 BBG0078ZLDH8 499,829 35,575 SH   SOLE   35,575 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 BBG001S5WS08 463,309 749 SH   SOLE   749 0 0
TXO PARTNERS LP COM UNIT 87313P103 BBG004DFHP63 39,265,871 1,985,130 SH   SOLE   1,985,130 0 0
UNITED STS OIL FD LP UNITS 91232N207 BBG001SQNKR0 1,852,880 26,500 SH   SOLE   26,500 0 0
UPWORK INC COM 91688F104 BBG00FBJ63B7 665,425 63,677 SH   SOLE   63,677 0 0
VANECK ETF TRUST FALLEN ANGEL HG 92189F437 BBG002VZY7Y3 1,470,500 50,000 SH   SOLE   50,000 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106 BBG001SR42Z0 2,190,100 55,000 SH   SOLE   55,000 0 0
VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835 BBG001SK7DK4 234,449,180 3,121,411 SH   SOLE   3,121,411 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 BBG001SMD2X3 15,596,260 160,093 SH   SOLE   160,093 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 BBG001TC6MC1 12,769,086 24,199 SH   SOLE   24,199 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 BBG001SHTB03 96,153,774 339,574 SH   SOLE   339,574 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 BBG001SHTTZ6 14,259,300 298,000 SH   SOLE   298,000 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 BBG001T2YZG9 30,540,857 255,145 SH   SOLE   255,145 0 0
VANGUARD MALVERN FDS STRM INFPROIDX 922020805 BBG003H12XS7 1,390,542 28,200 SH   SOLE   28,200 0 0
VANGUARD STAR FDS VG TL INTL STK F 921909768 BBG001TJR1D8 100,529,955 1,552,826 SH   SOLE   1,552,826 0 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 BBG001SSPWL4 2,640,500 50,000 SH   SOLE   50,000 0 0
VANGUARD WHITEHALL FDS EM MK GOV BD ETF 921946885 BBG004N1LYJ5 4,204,540 63,350 SH   SOLE   63,350 0 0
VANGUARD WORLD FD MATERIALS ETF 92204A801 BBG001SHTTP7 1,040,432 4,920 SH   SOLE   4,920 0 0
VIRTUS EQUITY & CONV INCM FD COM 92841M101 BBG001SHZGR6 1,380,600 60,000 SH   SOLE   60,000 0 0
VISA INC COM CL A 92826C839 BBG001SRCFY3 475,938 1,731 SH   SOLE   1,731 0 0
VITAL ENERGY INC COM 516806205 BBG001T24DQ0 440,488 16,375 SH   SOLE   16,375 0 0
WATERS CORP COM 941848103 BBG001S8MDG9 494,489 1,374 SH   SOLE   1,374 0 0
WINNEBAGO INDS INC COM 974637100 BBG001S5XFG8 2,051,806 35,309 SH   SOLE   35,309 0 0
WIX COM LTD SHS M98068105 BBG004336Q89 14,074,878 84,195 SH   SOLE   84,195 0 0
WORKDAY INC CL A 98138H101 BBG001T21KQ7 1,531,962 6,268 SH   SOLE   6,268 0 0
XP INC CL A G98239109 BBG00QVJYHP4 881,823 49,154 SH   SOLE   49,154 0 0
YUM CHINA HLDGS INC COM 98850P109 BBG00B8N0HH0 5,515,040 122,502 SH   SOLE   122,502 0 0
ZOETIS INC CL A 98978V103 BBG0039320P7 498,219 2,550 SH   SOLE   2,550 0 0