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
ALBERTSONS COS INC COMMON STOCK 013091103 BBG009KG1741 1,840,000 80,000 SH   SOLE   80,000 0 0
ALMACENES EXITO S A SPON ADS 02028M105 BBG01HTN6LN1 179,250 25,000 SH   SOLE   25,000 0 0
ALPHABET INC CAP STK CL A 02079K305 BBG009S39JY5 1,464,929 10,487 SH   SOLE   10,487 0 0
AMAZON COM INC COM 023135106 BBG001S5PQL7 4,064,395 26,750 SH   SOLE   26,750 0 0
AMC ENTMT HLDGS INC CL A NEW 00165C302 BBG001SZYYL4 306,000 50,000 SH Put SOLE   50,000 0 0
AMERICAN ELEC PWR CO INC COM 025537101 BBG001S5NFD2 3,030,075 37,307 SH   SOLE   37,307 0 0
ANSYS INC COM 03662Q105 BBG001S926L8 1,088,640 3,000 SH   SOLE   3,000 0 0
APPLE INC COM 037833100 BBG001S5N8V8 1,111,861 5,775 SH   SOLE   5,775 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 BBG001SF7657 1,731,030 494,580 SH   SOLE   494,580 0 0
CAPRI HOLDINGS LIMITED SHS G1890L107 BBG0029SNS07 502,400 10,000 SH   SOLE   10,000 0 0
CMS ENERGY CORP COM 125896100 BBG001S5PYJ3 1,722,472 29,662 SH   SOLE   29,662 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 BBG001S8LLN4 2,351,055 154,370 SH   SOLE   154,370 0 0
COSAN S A ADS 22113B103 BBG00YPGPD88 3,878,669 247,680 SH   SOLE   247,680 0 0
CRESCENT PT ENERGY CORP COM 22576C101 BBG001SLLJ78 441,678 63,680 SH   SOLE   63,680 0 0
ENEL CHILE S.A. SPONSORED ADR 29278D105 BBG00CMP50J7 3,530,952 1,089,800 SH   SOLE   1,089,800 0 0
ENTERGY CORP NEW COM 29364G103 BBG001S67KF5 4,300,777 42,502 SH   SOLE   42,502 0 0
ENVIVA INC COM 29415B103 BBG007FH8JY3 660,170 662,954 SH   SOLE   662,954 0 0
EVERGY INC COM 30034W106 BBG00H433CS1 6,635,299 127,113 SH   SOLE   127,113 0 0
EXELON CORP COM 30161N101 BBG001SBJMT2 3,371,010 93,900 SH   SOLE   93,900 0 0
FIRSTENERGY CORP COM 337932107 BBG001S5R3N4 3,451,099 94,138 SH   SOLE   94,138 0 0
GERDAU SA SPON ADR REP PFD 373737105 BBG001SCL1T3 3,095,610 638,270 SH   SOLE   638,270 0 0
HESS CORP COM 42809H107 BBG001S5NHS2 5,990,569 41,555 SH   SOLE   41,555 0 0
INTERNATIONAL SEAWAYS INC COM Y41053102 BBG003MN93D8 709,033 15,590 SH   SOLE   15,590 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 BBG001S9GN63 17,607,210 43,000 SH Put SOLE   43,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 BBG001SK77D5 63,350,855 1,575,500 SH Call SOLE   1,575,500 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 BBG001SFC7Y7 884,930 4,409 SH   SOLE   4,409 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 BBG001SFC7Y7 6,623,430 33,000 SH Put SOLE   33,000 0 0
ITAU UNIBANCO HLDG S A SPON ADR REP PFD 465562106 BBG001S65TL1 8,210,661 1,181,390 SH   SOLE   1,181,390 0 0
LAUDER ESTEE COS INC CL A 518439104 BBG001S8L5H6 1,462,500 10,000 SH Put SOLE   10,000 0 0
MASTERCARD INCORPORATED CL A 57636Q104 BBG001SKNNS6 1,935,502 4,538 SH   SOLE   4,538 0 0
MERCADOLIBRE INC COM 58733R102 BBG001SM32G3 6,009,569 3,824 SH   SOLE   3,824 0 0
META PLATFORMS INC CL A 30303M102 BBG001SQCQC5 7,763,051 21,932 SH   SOLE   21,932 0 0
MICROSOFT CORP COM 594918104 BBG001S5TD05 3,985,272 10,598 SH   SOLE   10,598 0 0
NATURA &CO HLDG S A ADS 63884N108 BBG00R4ZKQD4 2,487,708 363,700 SH   SOLE   363,700 0 0
NISOURCE INC COM 65473P105 BBG001S5TMF9 6,783,260 255,490 SH   SOLE   255,490 0 0
NU HLDGS LTD ORD SHS CL A G6683N103 BBG0136WM2Y9 7,342,229 881,420 SH   SOLE   881,420 0 0
NVIDIA CORPORATION COM 67066G104 BBG001S5TZJ6 3,010,938 6,080 SH   SOLE   6,080 0 0
OREILLY AUTOMOTIVE INC COM 67103H107 BBG001S78TL6 1,900,160 2,000 SH   SOLE   2,000 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 BBG001SF6W88 9,011,392 564,270 SH   SOLE   564,270 0 0
PG&E CORP COM 69331C108 BBG001S5V206 5,058,154 280,541 SH   SOLE   280,541 0 0
PIONEER NAT RES CO COM 723787107 BBG001S7V1J4 1,208,055 5,372 SH   SOLE   5,372 0 0
PPL CORP COM 69351T106 BBG001S5VC31 2,203,853 81,323 SH   SOLE   81,323 0 0
PROSHARES TR BITCOIN STRATE 74347G440 BBG0131STKH5 2,049,000 100,000 SH Put SOLE   100,000 0 0
SEMPRA COM 816851109 BBG001SBVZ73 3,177,370 42,518 SH   SOLE   42,518 0 0
SENDAS DISTRIBUIDORA S A SPON ADS 81689T104 BBG00ZDRF822 2,858,943 206,870 SH   SOLE   206,870 0 0
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 BBG001SP0YQ8 612,700 10,000 SH   SOLE   10,000 0 0
SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B 833635105 BBG001S7G2C6 7,280,598 120,900 SH   SOLE   120,900 0 0
SPLUNK INC COM 848637104 BBG001TWMNG3 3,930,630 25,800 SH   SOLE   25,800 0 0
SUZANO S A SPON ADS 86959K105 BBG001SKWHM5 2,068,883 182,120 SH   SOLE   182,120 0 0
TECK RESOURCES LTD CL B 878742204 BBG001S60LH8 590,286 13,964 SH   SOLE   13,964 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105 BBG001S5WXH9 150,331 33,259 SH   SOLE   33,259 0 0
TJX COS INC NEW COM 872540109 BBG001S5WQ93 1,712,033 18,250 SH   SOLE   18,250 0 0
UNITED STATES STL CORP NEW COM 912909108 BBG001S5XL75 2,280,955 46,885 SH   SOLE   46,885 0 0
VALE S A SPONSORED ADS 91912E105 BBG001SB54S8 8,337,126 525,670 SH   SOLE   525,670 0 0
VISA INC COM CL A 92826C839 BBG001SRCFY3 1,393,133 5,351 SH   SOLE   5,351 0 0
XP INC CL A G98239109 BBG00QVJYHP4 10,409,647 399,296 SH   SOLE   399,296 0 0