2020 Q2

BUY First BanCorp @ 5.5 USD +10% BUY OFG Bancorp @ 12.5 USD +12% BUY Popular, Inc @ 37.5 USD +4% See 15 more → LONG Ally Financial Inc @ 18.8 USD +52% LONG Ambac Financial Group, Inc @ 14.2 USD -7% LONG Axos Financial, Inc @ 21.2 USD +25% LONG Barclays PLC @ 5.6 USD -7% LONG Cowen Inc @ 14.6 USD +35% LONG Credit Suisse Group AG @ 9.7 USD +5% LONG Independent Bank Group, Inc @ 37.4 USD +29% LONG Morgan Stanley @ 45.7 USD +13% LONG Navient Corporation @ 7.4 USD +32% LONG NMI Holdings, Inc @ 15.2 USD +51% LONG OneMain Holdings, Inc @ 24.5 USD +46% LONG PennyMac Financial Services, Inc @ 37.5 USD +76% LONG Pinnacle Financial Partners, Inc @ 40.2 USD -2% LONG SLM Corporation @ 7.4 USD +27% LONG The Goldman Sachs Group, Inc @ 197.9 USD +4% ← Show less

BUY APi Group Corporation @ 11.7 USD +30% LONG CRH Medical Corporation @ 3.0 CAD -2% LONG Hill International, Inc @ 1.6 USD -7% See 4 more → BUY MiX Telematics Limited @ 611.1 ZAR -10% BUY RCI Hospitality Holdings, Inc @ 13.1 USD +80% BUY TerraVest Industries Inc @ 15.7 CAD -4% LONG Crawford United Corporation @ 14.9 USD +2% ← Show less

LONG Butler National Corporation @ 0.5 USD -1% LONG Crawford United Corporation @ 14.9 USD +2% LONG LICT Corporation @ 16970.8 USD +4% See 6 more → LONG Meritage Hospitality Group Inc @ 13.9 USD +28% LONG MMA Capital Holdings, Inc @ 24.9 USD +1% LONG Nuvera Communications, Inc @ 17.1 USD +1% LONG P10 Holdings, Inc @ 1.5 USD +173% LONG Polaris Infrastructure Inc @ 13.6 CAD +2% LONG Rand Worldwide, Inc @ 11.2 USD +31% ← Show less

BUY StoneCo Ltd @ 35.0 USD +65% BUY Wix.com Ltd @ 227.5 USD +21%

LONG Micron Technology, Inc @ 48.9 USD +6%

SELL Autodesk, Inc @ 219.8 USD +18% LONG Cardlytics, Inc @ 67.6 USD +19% SELL DraftKings Inc @ 33.5 USD +32% See 6 more → SELL EchoStar Corporation @ 28.9 USD -11% LONG Elastic N.V @ 84.2 USD +43% LONG Roku, Inc @ 126.4 USD +76% LONG Spotify Technology S.A @ 214.1 USD +23% LONG StoneCo Ltd @ 35.0 USD +65% SELL XPO Logistics, Inc @ 76.0 USD +26% ← Show less

LONG Texas Pacific Land Trust @ 576.9 USD -19% LONG Franco-Nevada Corporation @ 140.5 USD -0% LONG Wheaton Precious Metals Corp @ 43.3 USD +15%

LONG Aimia Inc @ 2.8 CAD +37% BUY APi Group Corporation @ 11.6 USD +31% LONG Avid Bioservices, Inc @ 6.3 USD +28% See 5 more → LONG Benefytt Technologies, Inc @ 22.4 USD -100% BUY Camping World Holdings, Inc @ 23.0 USD +38% LONG Iteris, Inc @ 4.5 USD -7% LONG Lamar Advertising Company (REIT) @ 65.8 USD -0% LONG PAR Technology Corporation @ 26.3 USD +47% ← Show less

LONG Elastic N.V @ 83.2 USD +45% BUY Gogo Inc @ 2.6 USD +328% BUY IAC/InterActiveCorp @ 89.4 USD +39% See 6 more → BUY Lands' End, Inc @ 7.7 USD +82% LONG PAR Technology Corporation @ 26.3 USD +47% BUY APi Group Corporation @ 11.6 USD +31% LONG Digital Turbine, Inc @ 9.2 USD +317% LONG KKR & Co. Inc @ 29.8 USD +24% LONG SharpSpring, Inc @ 8.6 USD +23% ← Show less

LONG IAC/InterActiveCorp @ 89.0 USD +40% SELL Natus Medical Incorporated @ 22.2 USD -17% LONG Box, Inc @ 18.7 USD -8% See 2 more → LONG Coty Inc @ 4.5 USD -27% LONG Match Group, Inc @ 89.7 USD +25% ← Show less

LONG Alphabet Inc @ 1425.5 USD +10% LONG Amazon.com, Inc @ 2638.1 USD +24% LONG Analog Devices, Inc @ 115.1 USD +7% See 19 more → LONG Berkshire Hathaway Inc @ 182.5 USD +16% LONG Comcast Corporation @ 39.1 USD +17% LONG Danaher Corporation @ 171.8 USD +32% LONG Fortive Corporation @ 64.8 USD +4% LONG Ideanomics, Inc @ 1.1 USD -15% LONG JPMorgan Chase & Co @ 95.5 USD +6% LONG Laboratory Corporation of America Holdings @ 172.4 USD +15% LONG Liberty Broadband Corporation @ 128.6 USD +16% LONG Liberty Global plc @ 21.4 USD +1% LONG Markel Corporation @ 909.3 USD +7% LONG Martin Marietta Materials, Inc @ 199.3 USD +30% LONG Mastercard Incorporated @ 293.7 USD +16% LONG Microsoft Corporation @ 191.9 USD +14% LONG Texas Instruments Incorporated @ 122.4 USD +25% LONG The Charles Schwab Corporation @ 35.5 USD +11% LONG The Liberty SiriusXM Group @ 34.3 USD -0% LONG Thermo Fisher Scientific Inc @ 354.4 USD +32% LONG Visa Inc @ 190.1 USD +5% LONG Vulcan Materials Company @ 113.2 USD +29% ← Show less

LONG eBay Inc @ 48.0 USD +16% LONG HD Supply Holdings, Inc @ 32.5 USD +30% LONG Hewlett Packard Enterprise Company @ 9.7 USD -3% See 7 more → LONG Liberty Global plc @ 21.4 USD +1% LONG McDermott International, Inc @ 0.5 USD -19% LONG PG&E Corporation @ 10.6 USD -1% LONG Steinhoff International Holdings N.V @ 104.3 ZAR -18% LONG Translate Bio, Inc @ 17.2 USD -8% LONG ViacomCBS Inc @ 21.5 USD +30% LONG Xerox Holdings Corporation @ 16.6 USD +21% ← Show less

BUY Avalara, Inc @ 112.4 USD +40% BUY China Index Holdings Limited @ 1.8 USD -24% LONG Alphabet Inc @ 1425.5 USD +10% See 5 more → LONG China MeiDong Auto Holdings Limited @ 17.5 HKD +70% LONG Credit Acceptance Corporation @ 390.2 USD -14% LONG JOYY Inc @ 72.9 USD +10% LONG Pinduoduo Inc @ 71.1 USD +18% LONG Sea Limited @ 89.2 USD +85% ← Show less

LONG Emisphere Technologies, Inc @ 5.7 USD +37% BUY Assertio Holdings, Inc @ 0.9 USD -18% LONG BioSpecifics Technologies Corp @ 60.5 USD +1% See 3 more → LONG Electromed, Inc @ 14.8 USD -41% BUY Envista Holdings Corporation @ 20.0 USD +34% SELL Intersect ENT, Inc @ 13.4 USD +28% ← Show less

LONG ADT Inc @ 7.2 USD +11% BUY Capital One Financial Corporation @ 64.6 USD +23% LONG Delta Air Lines, Inc @ 26.3 USD +20% See 7 more → LONG Endo International plc @ 3.8 USD +31% LONG Farfetch Limited @ 16.0 USD +68% LONG Genworth Financial, Inc @ 2.8 USD +23% LONG Medifast, Inc @ 112.7 USD +38% SELL SmileDirectClub, Inc @ 7.8 USD +53% BUY Vroom, Inc @ 48.9 USD -1% BUY Workday, Inc @ 150 USD +53% ← Show less

LONG Athene Holding Ltd @ 29.7 USD +19% SHORT Ballard Power Systems Inc @ 13.3 USD +34% LONG First American Financial Corporation @ 48.9 USD +11% See 7 more → LONG HD Supply Holdings, Inc @ 32.4 USD +30% LONG Insperity, Inc @ 56.1 USD +31% SHORT Simulations Plus, Inc @ 50.2 USD +44% SHORT Sorrento Therapeutics, Inc @ 5.0 USD +85% LONG Bayerische Motoren Werke AG @ 20.2 USD +22% LONG Brunswick Corporation @ 57.2 USD +12% LONG Facebook, Inc @ 225.3 USD +18% ← Show less

BUY DXC Technology Company @ 16.3 USD +26% LONG Bed Bath & Beyond Inc @ 8.0 USD +210% LONG Endo International plc @ 3.8 USD +31% See 3 more → BUY Nabors Industries Ltd @ 32.7 USD -16% BUY Taylor Morrison Home Corporation @ 18.3 USD +48% LONG Unisys Corporation @ 11.3 USD +7% ← Show less

BUY Autodesk, Inc @ 214.3 USD +21% LONG Blancco Technology Group plc @ 193.0 GBP -0% LONG Celsius Holdings, Inc @ 9.0 USD +133% See 3 more → LONG GAN Limited @ 18.2 USD -10% SELL Gulf Marine Services PLC @ 10.5 GBP -28% LONG Spotify Technology S.A @ 201.8 USD +30% ← Show less

LONG Hanesbrands Inc @ 10.8 USD +59% LONG Alphabet Inc @ 1416.8 USD +11% LONG KKR & Co. Inc @ 29.1 USD +27% See 1 more → LONG MasterCraft Boat Holdings, Inc @ 15.4 USD +33% ← Show less

LONG IAC/InterActiveCorp @ 86.0 USD +45% LONG Turning Point Brands, Inc @ 24.3 USD +31% LONG Clarus Corporation @ 10.5 USD +43% See 1 more → LONG Scott's Liquid Gold-Inc @ 1.6 USD +12% ← Show less

LONG Collectors Universe, Inc @ 26.9 USD +125% LONG Evolution Gaming Group AB (publ) @ 59.9 USD +36% LONG GAN Limited @ 18.2 USD -10% See 1 more → LONG MamaMancini's Holdings, Inc @ 1.7 USD +19% ← Show less

LONG Bank of Ireland Group plc @ 1.9 USD +10% LONG Capstone Mining Corp @ 0.7 CAD +120% LONG Interfor Corporation @ 10.3 CAD +42% See 1 more → LONG Lundin Mining Corporation @ 6.9 CAD +12% ← Show less

SELL Customers Bancorp, Inc @ 11.3 USD +13% SELL Genpact Limited @ 35.4 USD +8% SELL SEACOR Marine Holdings Inc @ 2.6 USD -20% See 1 more → BUY Washington Trust Bancorp, Inc @ 31.6 USD +5% ← Show less

LONG AMERCO @ 301.5 USD +19% BUY American Homes 4 Rent @ 25.8 USD +13% LONG Lennar Corporation @ 58.3 USD +45% See 3 more → LONG Public Storage @ 190.9 USD +22% LONG St. Modwen Properties PLC @ 349.1 GBX -4% LONG Wheelock and Company Limited @ 56.4 HKD -94% ← Show less

BUY DCC plc @ 6473.5 GBX -22% SELL Admiral Group plc @ 2310.7 GBX +20% LONG Grafenia Plc @ 7.0 GBX -28% See 2 more → SELL Rolls-Royce Holdings plc @ 299.8 GBX -25% BUY TGS-NOPEC Geophysical Company ASA @ 14.4 USD -11% ← Show less

LONG Autodesk, Inc @ 214.3 USD +21% LONG Automatic Data Processing, Inc @ 145.1 USD +2% LONG Facebook, Inc @ 224.4 USD +19% See 5 more → LONG Microsoft Corporation @ 190.8 USD +15% LONG MSCI Inc @ 337.9 USD +8% LONG NIKE, Inc @ 95.1 USD +35% LONG PayPal Holdings, Inc @ 154.3 USD +33% LONG Starbucks Corporation @ 75.9 USD +17% ← Show less

LONG adidas AG @ 127.2 USD +31% LONG Adobe Inc @ 397.8 USD +26% LONG Alphabet Inc @ 1417.2 USD +11% See 11 more → LONG Autodesk, Inc @ 214.3 USD +21% LONG Coloplast A/S @ 15.8 USD -1% LONG EssilorLuxottica Societe anonyme @ 63.8 USD +7% LONG Facebook, Inc @ 224.4 USD +19% LONG Industria de Diseno Textil, S.A @ 13.3 USD +4% LONG Microsoft Corporation @ 190.8 USD +15% LONG NIKE, Inc @ 95.1 USD +35% BUY PayPal Holdings, Inc @ 154.3 USD +33% LONG SAP SE @ 130.6 USD +19% LONG Tencent Holdings Limited @ 456.8 HKD +12% LONG Visa Inc @ 189.1 USD +6% ← Show less

SELL Garrett Motion Inc @ 5.1 USD -100% LONG GetBusy Plc @ 72.2 GBX +9% LONG Kontoor Brands, Inc @ 15.6 USD +84% See 3 more → LONG Micro Focus International plc @ 5.4 USD -39% LONG Nilorngruppen AB @ 3.5 USD -1% LONG TopBuild Corp @ 110.1 USD +69% ← Show less

BUY The GEO Group, Inc @ 11.5 USD -7% LONG Apollo Global Management, Inc @ 46.9 USD -14% LONG Gannett Co., Inc @ 1.4 USD +6% See 1 more → LONG The Chemours Company @ 13.9 USD +66% ← Show less

LONG Anterix Inc @ 50.7 USD -29% SHORT Carvana Co @ 108.4 USD +104% LONG Liberated Syndication Inc @ 2.9 USD +27% See 2 more → SHORT Trupanion, Inc @ 36.0 USD +157% LONG eBay Inc @ 47.2 USD +18% ← Show less

BUY Alphabet Inc @ 1407.0 USD +11% LONG Apple Inc @ 331.3 USD -64% SELL AT&T Inc @ 29.8 USD -8% See 5 more → LONG Biogen Inc @ 292.6 USD -4% LONG Facebook, Inc @ 222.2 USD +20% SELL International Business Machines Corporation @ 121.9 USD +3% LONG Philip Morris International Inc @ 71.7 USD +11% BUY The Procter & Gamble Company @ 117.0 USD +23% ← Show less

LONG Fulgent Genetics, Inc @ 16.6 USD +115%

LONG Fairfax Financial Holdings Limited @ 395.1 CAD -3% LONG JD.com, Inc @ 54.0 USD +51% BUY RealPage, Inc @ 64.9 USD -8%

BUY K12 Inc @ 25.8 USD +14%

BUY Pushpay Holdings Limited @ 4.3 USD +41% LONG Redbubble Limited @ 0.8 USD +472% SELL Genasys Inc @ 4.6 USD +37% See 7 more → LONG Illumina, Inc @ 344.2 USD -5% LONG LKQ Corporation @ 25.4 USD +26% LONG MiX Telematics Limited @ 619.1 ZAR -11% SELL Southwest Airlines Co @ 31.8 USD +25% LONG Taiwan Semiconductor Manufacturing Company Limited @ 54.4 USD +59% LONG TravelSky Technology Limited @ 14.2 HKD +16% SELL Upwork Inc @ 11.7 USD +72% ← Show less

BUY Ritchie Bros. Auctioneers Incorporated @ 57.1 CAD +48% SELL Dollar Tree, Inc @ 85.8 USD +11% LONG Forum Merger II Corporation @ 13.1 USD +92%

LONG Apple Inc @ 325.8 USD -63% SELL Booking Holdings Inc @ 1569.0 USD +6% LONG Bristol-Myers Squibb Company @ 59.6 USD +3% See 6 more → LONG Facebook, Inc @ 219.2 USD +21% LONG CDW Corporation @ 110.6 USD +18% LONG Copart, Inc @ 82.5 USD +42% SELL FLEETCOR Technologies, Inc @ 244.2 USD +2% LONG Motorola Solutions, Inc @ 139.9 USD +22% LONG NVIDIA Corporation @ 343.6 USD +61% ← Show less

LONG Balwin Properties Limited @ 250.9 ZAR +75% LONG Capitec Bank Holdings Limited @ 88539.2 ZAR +31% LONG Cartrack Holdings Limited @ 2247.4 ZAR +87% See 1 more → LONG PSG Group Limited @ 16074.9 ZAR -67% ← Show less

BUY 1Life Healthcare, Inc @ 30.7 USD -1% BUY Ameresco, Inc @ 21.7 USD +88% BUY Mercer International Inc @ 8.3 USD -17% See 2 more → LONG Berkshire Hathaway Inc @ 182.1 USD +16% LONG MMA Capital Holdings, Inc @ 24.6 USD +2% ← Show less

LONG Spotify Technology S.A @ 187.3 USD +40%

BUY Natural Gas Services Group, Inc @ 6.0 USD +54% BUY Sprott Physical Silver Trust @ 6.1 USD +38%

LONG Barrick Gold Corporation @ 25.7 USD +7% LONG Star Bulk Carriers Corp @ 5.9 USD +14% LONG Equinox Gold Corp @ 12.9 CAD +31% See 4 more → LONG Ivanhoe Mines Ltd @ 3.2 CAD +50% LONG Lithium Americas Corp @ 5.5 CAD +188% LONG Lucara Diamond Corp @ 0.5 CAD -10% LONG Turquoise Hill Resources Ltd @ 0.9 CAD +20% ← Show less

LONG Charles & Colvard, Ltd @ 0.7 USD +24% LONG Covetrus, Inc @ 14.3 USD +87% LONG Fox Corporation @ 26.9 USD +1% See 2 more → SELL Gilead Sciences, Inc @ 76.2 USD -19% SELL Medifast, Inc @ 100.0 USD +56% ← Show less

SELL Babcock International Group PLC @ 376.0 GBX -32% LONG Bayerische Motoren Werke AG Pfd. @ 43.0 GBP +14% LONG Berkshire Hathaway Inc @ 273783.1 USD +16% See 11 more → SELL Credit Acceptance Corporation @ 364.4 USD -8% LONG Crest Nicholson Holdings plc @ 246.1 GBX -3% LONG Humana Inc @ 380.9 USD +15% LONG JPMorgan Chase & Co @ 94.5 USD +7% LONG Laboratory Corporation of America Holdings @ 165.4 USD +20% LONG Lockheed Martin Corporation @ 377.1 USD +2% LONG Magna International Inc @ 55.9 CAD +26% LONG Markel Corporation @ 907.7 USD +7% LONG Samsung Electronics Co Ltd GDR @ 1022.3 USD LONG Sberbank of Russia @ 11.1 USD -7% LONG Teekay LNG Partners L.P @ 11.4 USD -5% ← Show less

SHORT China Feihe Limited @ 14.6 HKD +23%

BUY Brembo S.p.A @ 7.7 USD +34% BUY Wix.com Ltd @ 190.0 USD +45% LONG Alphabet Inc @ 1374.3 USD +14% See 2 more → LONG Booking Holdings Inc @ 1549.8 USD +8% LONG Credit Acceptance Corporation @ 361.7 USD -8% ← Show less

BUY Crown Castle International Corp. (REIT) @ 161.9 USD +3%

BUY Crown Castle International Corp. (REIT) @ 161.9 USD +3%

LONG Adyen N.V @ 23.2 USD +65% LONG Amazon.com, Inc @ 2455.2 USD +33% LONG Amphenol Corporation @ 90.3 USD +28% See 12 more → LONG Constellium SE @ 7.4 USD +22% LONG Microsoft Corporation @ 183.4 USD +20% LONG NVIDIA Corporation @ 329.1 USD +68% LONG ON Semiconductor Corporation @ 16.6 USD +57% LONG Peloton Interactive, Inc @ 42.6 USD +208% LONG Redfin Corporation @ 27.5 USD +76% LONG Shopify Inc @ 720.7 USD +48% LONG Soitec S.A @ 80.5 USD +85% LONG Tesla, Inc @ 839.3 USD -48% LONG The Walt Disney Company @ 111.2 USD +14% LONG ViacomCBS Inc @ 19.6 USD +43% LONG Zendesk, Inc @ 78.2 USD +44% ← Show less

LONG Intuit Inc @ 273.8 USD +25% LONG Kao Corporation @ 8644.2 JPY -10% LONG London Stock Exchange Group plc @ 7810.1 GBX +10% See 3 more → LONG Nintendo Co., Ltd @ 45659.7 JPY +27% BUY Prada S.p.A @ 26.3 HKD +15% LONG Shiseido Company, Limited @ 6656.8 JPY -7% ← Show less

BUY Bank of America Corporation @ 20 USD +21% BUY Citigroup Inc @ 59.9 USD -28% LONG Discovery, Inc @ 20 USD -5% See 5 more → LONG Intel Corporation @ 56.7 USD -4% BUY Slack Technologies, Inc @ 31.9 USD +1% BUY Twitter, Inc @ 26 USD +76% BUY Wells Fargo & Company @ 26 USD -12% BUY Zillow Group, Inc @ 35.5 USD +176% ← Show less

LONG Evolution Gaming Group AB (publ) @ 47.5 USD +71%