Instuitional Investor - Pilgrim Global Advisors Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Sable Offshore Corp		10,244,375	$234,596,188	42.86%
2.	Navios Maritime Partners L P	NMM	4,849,355	$209,928,578	38.35%
3.	Transocean Ltd.	RIG	18,177,804	$68,166,765	12.45%
4.	Tidewater Inc	TDW	633,058	$34,634,603	6.32%