| XEL Xcel Energy Inc. | 24.69% | 702,000 | $45.8M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 22.31% | 72,200 | $41.4M | No change |
| ARCH Arch Resources Inc. | 13.86% | 186,281 | $25.7M | Reduce -25.3% |
| BATL Battalion Oil Corp. | 8.51% | 2,369,769 | $15.8M | No change |
| EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP | 5.92% | 133,687 | $11.0M | Add +122.2% |
| SM SM Energy Co. | 4.27% | 198,246 | $7.9M | No change |
| VTLE Vital Energy Inc. | 4.25% | 293,603 | $7.9M | Add +44.6% |
| EEM iShares MSCI Emerging Market | 2.69% | 108,830 | $5.0M | No change |
| GOOG Alphabet Inc. Class C | 1.93% | 21,400 | $3.6M | No change |
| MSFT Microsoft Corp. | 1.92% | 8,280 | $3.6M | No change |
| IWM iShares Russell 2000 ETF | 1.84% | 15,500 | $3.4M | No change |
| GDX Vaneck Gold Miners ETF | 1.51% | 70,500 | $2.8M | No change |
| AMZN Amazon.com Inc. | 1.43% | 14,200 | $2.6M | No change |
| EWJ iShares MSCI Japan ETF | 1.16% | 30,000 | $2.1M | No change |
| XBI SS SPDR S&P Biotech ETF | 0.82% | 15,500 | $1.5M | No change |
| BX Blackstone Inc. | 0.41% | 5,000 | $766K | No change |
| APO Apollo Global Management Inc. | 0.40% | 6,000 | $749K | No change |
| GDXJ Vaneck Junior Gold Miners | 0.36% | 13,584 | $663K | No change |
| CEG Constellation Energy | 0.31% | 2,208 | $574K | No change |
| EXC Exelon Corp. | 0.29% | 13,274 | $538K | No change |
| CNP Centerpoint Energy Inc. | 0.26% | 16,250 | $478K | No change |
| PEG Public Service Enterprise GP | 0.26% | 5,350 | $477K | No change |
| HOOD Robinhood Markets Inc. Class A | 0.19% | 15,364 | $360K | No change |
| DUK Duke Energy Corp. | 0.19% | 3,060 | $353K | No change |
| TOST Toast Inc. Class A | 0.14% | 9,207 | $261K | No change |
| OTLY Oatly Group AB | 0.07% | 161,667 | $138K | No change |