diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index c2f95fa..30c5d54 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    ".": "0.3.0"
+    ".": "0.3.1"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 916852c..1da84f7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 ## CHANGELOG
 
+## [0.3.1](https://github.com/apm-js-collab/tracing-hooks/compare/tracing-hooks-v0.3.0...tracing-hooks-v0.3.1) (2025-09-26)
+
+
+### Bug Fixes
+
+* Updated module patch to only wrap _compile as it calls `_resolveFileName` ([#13](https://github.com/apm-js-collab/tracing-hooks/issues/13)) ([f59ff40](https://github.com/apm-js-collab/tracing-hooks/commit/f59ff408c6bafe86ed2bfa7d829c82b4699127b8))
+
 ## [0.3.0](https://github.com/apm-js-collab/tracing-hooks/compare/tracing-hooks-v0.2.0...tracing-hooks-v0.3.0) (2025-09-19)
 
 
diff --git a/package.json b/package.json
index 2331826..fc24788 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@apm-js-collab/tracing-hooks",
-  "version": "0.3.0",
+  "version": "0.3.1",
   "description": "CJS and ESM hooks for orchestrion",
   "license": "Apache-2.0",
   "type": "commonjs",