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
AERCAP HOLDINGS NV SHS N00985106   15,985,269 183,929 SH   SOLE 1,2,3 183,929 0 0
ALLSTATE CORP COM 020002101   10,378,178 59,986 SH   SOLE 1,2 59,986 0 0
ALTO NEUROSCIENCE INC COM SHS 02157Q109   6,684,756 435,489 SH   SOLE 1,2,3 435,489 0 0
AMERICAN INTL GROUP INC COM NEW 026874784   15,942,537 203,947 SH   SOLE 1,2,3 203,947 0 0
APOLLO GLOBAL MGMT INC COM 03769M106   12,481,388 110,995 SH   SOLE 1,2,3 110,995 0 0
ASSURED GUARANTY LTD COM G0585R106   19,189,329 219,935 SH   SOLE 1,2,3 219,935 0 0
AXIS CAP HLDGS LTD SHS G0692U109   10,755,543 165,419 SH   SOLE 1,2 165,419 0 0
BANK AMERICA CORP COM 060505104   8,279,263 218,335 SH   SOLE 1,2 218,335 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   5,273,321 12,540 SH   SOLE 1,2 12,540 0 0
BRIDGE INVT GROUP HLDGS INC COM CL A 10806B100   9,577,047 1,398,109 SH   SOLE 1,2 1,398,109 0 0
CORECIVIC INC COM 21871N101   17,912,678 1,147,513 SH   SOLE 1,2,3 1,147,513 0 0
CUSTOMERS BANCORP INC COM 23204G100   15,865,630 299,013 SH   SOLE 1,2,3 299,013 0 0
EVEREST GROUP LTD COM G3223R108   9,936,705 24,998 SH   SOLE 1,2 24,998 0 0
FIRST FNDTN INC COM 32026V104   9,795,272 1,297,387 SH   SOLE 1,2,3 1,297,387 0 0
FIRSTCASH HOLDINGS INC COM 33768G107   8,521,202 66,812 SH   SOLE 1,2 66,812 0 0
FORD MTR CO DEL COM 345370860   11,683,664 879,794 SH   SOLE 1,2,3 879,794 0 0
FTAI INFRASTRUCTURE INC COMMON STOCK 35953C106   3,323,075 529,152 SH   SOLE 3 529,152 0 0
GENERAL MTRS CO COM 37045V100   10,710,400 236,172 SH   SOLE 1,2 236,172 0 0
GEO GROUP INC NEW COM 36162J106   27,990,288 1,982,315 SH   SOLE 1,2,3 1,982,315 0 0
GOLAR LNG LTD SHS G9456A100   9,356,116 388,866 SH   SOLE 1,2,3 388,866 0 0
GOLDMAN SACHS GROUP INC COM 38141G104   13,043,206 31,227 SH   SOLE 1,2,3 31,227 0 0
HAMILTON INSURANCE GROUP LTD CL B G42706104   15,358,257 1,102,531 SH   SOLE 1,2,3 1,102,531 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104   4,139,003 40,165 SH   SOLE 1,2 40,165 0 0
HOMESTREET INC COM 43785V102   16,661,885 1,107,102 SH   SOLE 1,2,3 1,107,102 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   50,617,140 114,000 SH Put SOLE 1,2,3 114,000 0 0
IPERIONX LTD SPONSORED ADS 44916E100   11,017,357 738,924 SH   SOLE 1,2,3 738,924 0 0
JAMES RIV GROUP LTD COM G5005R107   4,083,974 439,137 SH   SOLE 1,2 439,137 0 0
KKR & CO INC COM 48251W104   6,369,832 63,331 SH   SOLE 1,2 63,331 0 0
LEMONADE INC COM 52567D107   5,941,224 362,049 SH   SOLE 1,2 362,049 0 0
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADS 606822104   17,556,654 1,716,193 SH   SOLE 1,2,3 1,716,193 0 0
MORGAN STANLEY COM NEW 617446448   16,640,332 176,724 SH   SOLE 1,2,3 176,724 0 0
NEXGEN ENERGY LTD COM 65340P106   24,138,127 3,106,580 SH   SOLE 1,2,3 3,106,580 0 0
PENNYMAC FINL SVCS INC NEW COM 70932M107   5,454,834 59,884 SH   SOLE 1,2 59,884 0 0
PERELLA WEINBERG PARTNERS CLASS A COM 71367G102   16,107,267 1,139,934 SH   SOLE 1,2,3 1,139,934 0 0
PROGRESSIVE CORP COM 743315103   8,479,206 40,998 SH   SOLE 1,2 40,998 0 0
RENAISSANCERE HLDGS LTD COM G7496G103   9,855,748 41,934 SH   SOLE 1,2 41,934 0 0
SLM CORP COM 78442P106   16,805,429 771,245 SH   SOLE 1,2,3 771,245 0 0
SPDR SER TR S&P REGL BKG 78464A698   25,140,000 500,000 SH Put SOLE 1,2,3 500,000 0 0
SPDR SER TR S&P HOMEBUILD 78464A888   31,245,200 280,000 SH Put SOLE 1,2,3 280,000 0 0
SPROTT INC COM NEW 852066208   16,339,979 442,099 SH   SOLE 1,2,3 442,099 0 0
UBS GROUP AG SHS H42097107   10,733,445 349,396 SH   SOLE 1,2 349,396 0 0
UPBOUND GROUP INC COM 76009N100   8,310,581 236,029 SH   SOLE 1,2 236,029 0 0
URANIUM ENERGY CORP COM 916896103   11,761,133 1,742,390 SH   SOLE 1,2 1,742,390 0 0