| Bloom Energy Corp. (BE) | $1.7B | 10.10% | 5,585,179 | +1,000,448 | Added |
| Yandex N V (NBIS) | $1.7B | 10.07% | 6,104,121 | +290,671 | Added |
| CoreWeave, Inc. (CRWV) | $1.1B | 6.48% | 10,886,110 | +2,605,347 | Added |
| Intel Corp. (INTC) | $886.1M | 5.30% | 6,345,700 | +5,841,959 | Added |
| Micron Technology Inc. (MU) | $846.1M | 5.06% | 733,007 | +514,199 | Added |
| Sandisk Corp. (SNDK) | $708.9M | 4.24% | 311,782 | +206,583 | Added |
| Seagate Technology Holdings plc (STX) | $684.5M | 4.09% | 709,357 | -205,300 | Trimmed |
| Western Digital Corp. (WDC) | $631.3M | 3.77% | 988,429 | -307,010 | Trimmed |
| Lumentum Holdings Inc. (LITE) | $630.4M | 3.77% | 734,687 | -322,573 | Trimmed |
| Celestica Inc. (CLS) | $575.1M | 3.44% | 1,576,402 | +84,908 | Added |
| Comfort Systems USA Inc. (FIX) | $482.8M | 2.89% | 243,607 | +29,970 | Added |
| Vertiv Holdings Co. (VRT) | $481.4M | 2.88% | 1,437,807 | -502,062 | Trimmed |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $481.1M | 2.88% | 1,007,480 | +1,006,800 | Added |
| Amazon.com Inc. (AMZN) | $387.4M | 2.32% | 1,625,565 | +1,620,643 | Added |
| Iren Ltd. (IREN) | $387.2M | 2.31% | 8,467,327 | +3,699,720 | Added |
| Ftai Aviation Ltd. (FTAI) | $376.9M | 2.25% | 1,393,259 | +322,367 | Added |
| Terawulf Inc. (WULF) | $302.9M | 1.81% | 12,263,135 | +4,414,903 | Added |
| Emcor Group, Inc. (EME) | $290.4M | 1.74% | 349,960 | +126,439 | Added |
| Astera Labs, Inc. (ALAB) | $274.5M | 1.64% | 568,316 | 0 | Held |
| Cipher Digital Inc. (CIFR) | $272.6M | 1.63% | 11,125,393 | +123,787 | Added |
| EQT Corp. (EQT) | $245.4M | 1.47% | 4,614,894 | +426,906 | Added |
| Cerebras Systems Inc. (CBRS) | $241.9M | 1.45% | 1,094,722 | +1,094,722 | New position |
| Applied Optoelectronics, Inc. (AAOI) | $236.3M | 1.41% | 1,595,124 | +327,186 | Added |
| Core Scientific, Inc. (CORZ) | $235.1M | 1.41% | 9,187,797 | +1,468,835 | Added |
| Applied Digital Corp. (APLD) | $206.9M | 1.24% | 5,546,030 | -1,122,281 | Trimmed |
| EchoStar Corp. (ECHO) | $193.4M | 1.16% | 1,905,515 | +1,905,515 | New position |
| Forgent Power Solutions Inc (FPS) | $176.4M | 1.05% | 3,158,622 | +3,158,622 | New position |
| Hut 8 Corp. (HUT) | $166.3M | 0.99% | 1,440,342 | -1,442,224 | Trimmed |
| NVIDIA Corp. (NVDA) | $160.2M | 0.96% | 800,769 | -52,927 | Trimmed |
| Broadcom Inc. (AVGO) | $154.0M | 0.92% | 407,611 | +358,700 | Added |
| ASML Holding N.V. (ASML) | $140.4M | 0.84% | 70,548 | 0 | Held |
| ACM Research, Inc. (ACMR) | $133.7M | 0.80% | 1,053,949 | +98,022 | Added |
| Alphabet Inc. (GOOGL) | $132.3M | 0.79% | 370,302 | +358,800 | Added |
| Coherent Corp. (COHR) | $125.9M | 0.75% | 319,191 | -966,009 | Trimmed |
| Space Exploration Technologies Corp. (SPCX) | $100.8M | 0.60% | 589,723 | +589,723 | New position |
| Credo Technology Group Holding Ltd. (CRDO) | $91.9M | 0.55% | 337,998 | +337,998 | New position |
| Advanced Micro Devices Inc. (AMD) | $90.4M | 0.54% | 155,600 | +155,600 | New position |
| Riot Platforms, Inc. (RIOT) | $90.1M | 0.54% | 3,290,544 | -1,886,374 | Trimmed |
| Bitdeer Technologies Group (BTDR) | $82.6M | 0.49% | 5,203,764 | +1,157,551 | Added |
| Fervo Energy Co. (FRVO) | $63.2M | 0.38% | 2,160,607 | +2,160,607 | New position |
| Sterling Infrastructure, Inc. (STRL) | $61.6M | 0.37% | 73,360 | -16,112 | Trimmed |
| Legence Corp. (LGN) | $59.0M | 0.35% | 692,150 | +384,009 | Added |
| Innio N.V. (INIO) | $53.6M | 0.32% | 1,355,362 | +1,355,362 | New position |
| Lam Research Corp. (LRCX) | $52.7M | 0.32% | 121,597 | -978,959 | Trimmed |
| GE Vernova Inc. (GEV) | $52.2M | 0.31% | 44,433 | 0 | Held |
| Applied Materials Inc. (AMAT) | $50.3M | 0.30% | 69,591 | -662,113 | Trimmed |
| Babcock & Wilcox Enterprises, Inc. (BW) | $31.6M | 0.19% | 2,238,024 | +2,238,024 | New position |
| Transalta Corp. (TAC) | $29.6M | 0.18% | 2,139,907 | -456,366 | Trimmed |
| Keel Infrastructure Corp. (KEEL) | $29.6M | 0.18% | 5,154,360 | +5,154,360 | New position |
| Erock Inc Class Class A (EROC) | $19.5M | 0.12% | 1,345,920 | +1,345,920 | New position |
| BKV Corp. (BKV) | $18.6M | 0.11% | 679,899 | +356,848 | Added |
| Oracle Corp. (ORCL) | $16.9M | 0.10% | 115,078 | 0 | Held |
| Fermi Inc. Com (FRMI) | $12.5M | 0.07% | 1,367,995 | +1,367,995 | New position |
| Talen Energy Corp. (TLN) | $6.8M | 0.04% | 17,716 | -51,987 | Trimmed |
| Hallador Energy Co. (HNRG) | $5.6M | 0.03% | 320,759 | 0 | Held |
| Tss, Inc. (TSSI) | $3.2M | 0.02% | 261,498 | -199,012 | Trimmed |
| Alphabet Inc. (GOOG) | $1.7M | 0.01% | 4,785 | 0 | Held |
| Microsoft Corp. (MSFT) | $139.5K | 0.00% | 374 | 0 | Held |
| Meta Platforms, Inc. (META) | $69.8K | 0.00% | 124 | +124 | New position |