HARRIS ASSOCIATES L P Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AER	AERCAP HOLDINGS NV	5,840,480	$839,627	1.1%	$132.45	0.0%	SHS	N00985106
AMRZ	AMRIZE LTD	11,379,547	$615,406	0.8%	$51.02	0.0%	SHS	H2927K103
AZN	ASTRAZENECA PLC	3,729,731	$342,874	0.4%	$91.93	—	SPONSORED ADR	046353108
FISV	FISERV INC	4,600,000	$308,982	0.4%	$98.88	-15.2%	CALL	337738108
IT	GARTNER INC	963,984	$243,194	0.3%	$240.69	0.0%	COM	366651107
CWK	CUSHMAN AND WAKEFIELD LTD	1,983,990	$32,121	0.0%	$15.85	0.0%	COMMON SHARES	G2717C106
OMC	OMNICOM GROUP INC	61,340	$4,953	0.0%	$75.76	0.0%	COM	681919106
BX	BLACKSTONE INC	3,750	$578	0.0%	$151.46	0.0%	COM	09260D107
PANW	PALO ALTO NETWORKS INC	2,640	$486	0.0%	$201.75	0.0%	COM	697435105
—	NUVEEN MUN VALUE FD INC	14,854	$135	0.0%	$9.06	—	COM	670928100
SGOV	ISHARES TR	400	$40	0.0%	$100.38	—	0-3 MNTH TREASRY	46436E718

Increased Positions (54)

TRGP TARGA RES CORP 2.3%

Value ($000) $1,795,171 (+157.9%) Shares 9,729,925 (+134.2%) Est. Cost $167.06 Unrealized +0.6%

CRM SALESFORCE INC 3.3%

Value ($000) $2,593,821 (+55.3%) Shares 9,791,328 (+39.0%) Est. Cost $253.13 Unrealized -2.0%

KDP KEURIG DR PEPPER INC 3.1%

Value ($000) $2,416,400 (+51.3%) Shares 86,269,175 (+37.8%) Est. Cost $30.61 Unrealized -11.0%

ICE INTERCONTINENTAL EXCHANGE IN 3.2%

Value ($000) $2,524,071 (+46.9%) Shares 15,584,531 (+52.9%) Est. Cost $120.65 Unrealized +29.5%

CTVA CORTEVA INC 1.4%

Value ($000) $1,141,268 (+165.7%) Shares 17,026,221 (+168.1%) Est. Cost $59.16 Unrealized +9.1%

COF CAPITAL ONE FINL CORP 3.3%

Value ($000) $2,623,618 (+36.7%) Shares 10,825,295 (+19.9%) Est. Cost $109.71 Unrealized +102.5%

FCNCA FIRST CTZNS BANCSHARES INC D 2.5%

Value ($000) $1,993,681 (+51.1%) Shares 928,944 (+26.0%) Est. Cost $1335.45 Unrealized +41.0%

ABNB AIRBNB INC 3.2%

Value ($000) $2,537,205 (+35.2%) Shares 18,694,408 (+21.0%) Est. Cost $130.57 Unrealized -4.6%

MRK MERCK & CO INC 1.9%

Value ($000) $1,482,977 (+79.9%) Shares 14,088,705 (+43.4%) Est. Cost $95.90 Unrealized -2.8%

ELV ELEVANCE HEALTH INC FORMERLY 2.1%

Value ($000) $1,680,693 (+63.1%) Shares 4,794,445 (+50.3%) Est. Cost $364.51 Unrealized -7.6%

ZBH ZIMMER BIOMET HOLDINGS INC 1.4%

Value ($000) $1,102,842 (+135.7%) Shares 12,264,703 (+158.2%) Est. Cost $95.33 Unrealized -0.8%

DAL DELTA AIR LINES INC DEL 1.7%

Value ($000) $1,364,856 (+77.9%) Shares 19,666,515 (+45.4%) Est. Cost $51.06 Unrealized +22.3%

CDW CDW CORP 0.8%

Value ($000) $616,416 (+1309.6%) Shares 4,525,812 (+1548.4%) Est. Cost $148.32 Unrealized -0.9%

UNP UNION PAC CORP 1.1%

Value ($000) $845,824 (+144.2%) Shares 3,656,510 (+149.5%) Est. Cost $225.65 Unrealized +0.7%

AIG AMERICAN INTL GROUP INC 2.4%

Value ($000) $1,894,456 (+35.6%) Shares 22,144,430 (+24.5%) Est. Cost $52.73 Unrealized +51.1%

DE DEERE & CO 1.8%

Value ($000) $1,459,583 (+48.0%) Shares 3,135,045 (+45.4%) Est. Cost $403.31 Unrealized +16.0%

GEHC GE HEALTHCARE TECHNOLOGIES I 1.6%

Value ($000) $1,300,398 (+57.1%) Shares 15,854,646 (+43.9%) Est. Cost $77.82 Unrealized +0.1%

COP CONOCOPHILLIPS 2.8%

Value ($000) $2,246,897 (+25.9%) Shares 24,002,747 (+27.2%) Est. Cost $91.42 Unrealized -1.5%

WTW WILLIS TOWERS WATSON PLC LTD 2.3%

Value ($000) $1,844,461 (+24.3%) Shares 5,613,089 (+30.7%) Est. Cost $255.89 Unrealized +27.6%

NKE NIKE INC 1.2%

Value ($000) $952,903 (+57.5%) Shares 14,956,882 (+72.3%) Est. Cost $61.52 Unrealized +5.5%

NDAQ NASDAQ INC 1.1%

Value ($000) $837,425 (+60.3%) Shares 8,621,689 (+46.0%) Est. Cost $69.68 Unrealized +28.8%

GPN GLOBAL PMTS INC 1.1%

Value ($000) $878,363 (+55.1%) Shares 11,348,361 (+66.4%) Est. Cost $95.47 Unrealized -15.9%

WFC WELLS FARGO CO NEW 1.5%

Value ($000) $1,202,620 (+32.8%) Shares 12,903,643 (+19.5%) Est. Cost $42.75 Unrealized +102.6%

EOG EOG RES INC 1.0%

Value ($000) $774,164 (+51.3%) Shares 7,372,292 (+61.6%) Est. Cost $88.42 Unrealized +21.3%

RGA REINSURANCE GRP OF AMERICA I 1.1%

Value ($000) $866,959 (+34.9%) Shares 4,261,078 (+27.4%) Est. Cost $155.77 Unrealized +24.2%

CG CARLYLE GROUP INC 1.1%

Value ($000) $898,370 (+31.1%) Shares 15,198,269 (+39.1%) Est. Cost $49.60 Unrealized +13.5%

MAS MASCO CORP 0.9%

Value ($000) $729,911 (+39.9%) Shares 11,501,911 (+55.2%) Est. Cost $55.55 Unrealized +16.6%

SCHW SCHWAB CHARLES CORP 2.8%

Value ($000) $2,201,166 (+8.6%) Shares 22,031,493 (+3.7%) Est. Cost $56.81 Unrealized +66.8%

FISV FISERV INC 1.3%

Value ($000) $1,044,809 (+19.8%) Shares 15,554,703 (+130.0%) Est. Cost $98.88 Unrealized -15.2%

STZ CONSTELLATION BRANDS INC 0.6%

Value ($000) $446,184 (+61.7%) Shares 3,234,152 (+57.8%) Est. Cost $160.92 Unrealized -15.0%

MDLZ MONDELEZ INTL INC 0.3%

Value ($000) $248,682 (+177.4%) Shares 4,619,758 (+221.9%) Est. Cost $57.95 Unrealized -1.5%

EFX EQUIFAX INC 2.1%

Value ($000) $1,639,745 (+9.6%) Shares 7,557,127 (+29.5%) Est. Cost $242.35 Unrealized -9.8%

CRBG COREBRIDGE FINL INC 0.9%

Value ($000) $735,243 (+22.5%) Shares 24,370,017 (+30.1%) Est. Cost $22.00 Unrealized +38.9%

GPC GENUINE PARTS CO 0.7%

Value ($000) $534,507 (+32.4%) Shares 4,347,003 (+49.3%) Est. Cost $129.56 Unrealized -0.7%

CMCSA COMCAST CORP NEW 1.0%

Value ($000) $820,732 (+18.4%) Shares 27,458,428 (+24.5%) Est. Cost $31.91 Unrealized -10.6%

PAYC PAYCOM SOFTWARE INC 0.6%

Value ($000) $511,507 (+29.0%) Shares 3,209,759 (+68.5%) Est. Cost $184.71 Unrealized -4.2%

CRL CHARLES RIV LABS INTL INC 0.4%

Value ($000) $334,649 (+45.2%) Shares 1,677,606 (+13.9%) Est. Cost $143.92 Unrealized +26.0%

AMZN AMAZON COM INC 1.3%

Value ($000) $1,030,175 (+7.8%) Shares 4,463,110 (+2.5%) Est. Cost $160.07 Unrealized +42.9%

FLUT FLUTTER ENTMT PLC 0.3%

Value ($000) $218,688 (+34.5%) Shares 1,016,963 (+58.9%) Est. Cost $243.88 Unrealized -7.8%

CHTR CHARTER COMMUNICATIONS INC N 1.1%

Value ($000) $906,982 (-5.7%) Shares 4,344,822 (+24.3%) Est. Cost $350.95 Unrealized -35.9%

PSX PHILLIPS 66 2.3%

Value ($000) $1,803,785 (-2.8%) Shares 13,978,492 (+2.5%) Est. Cost $117.95 Unrealized +13.6%

ICLR ICON PLC 0.6%

Value ($000) $457,402 (+11.6%) Shares 2,510,166 (+7.2%) Est. Cost $151.42 Unrealized +17.6%

OC OWENS CORNING NEW 0.0%

Value ($000) $31,394 (-15.3%) Shares 280,528 (+7.1%) Est. Cost $136.72 Unrealized -14.2%

VTV VANGUARD INDEX FDS 0.0%

Value ($000) $3,793 (+2619.0%) Shares 19,859 (+2554.9%) Est. Cost $190.13 Unrealized —

AAPL APPLE INC 0.0%

Value ($000) $36,204 (+10.4%) Shares 133,170 (+3.4%) Est. Cost $82.90 Unrealized +223.7%

SPY SPDR S&P 500 ETF TR 0.0%

Value ($000) $3,435 (+157.7%) Shares 5,037 (+151.7%) Est. Cost $642.45 Unrealized —

CCK CROWN HLDGS INC 0.0%

Value ($000) $19,885 (+10.3%) Shares 193,110 (+3.5%) Est. Cost $81.57 Unrealized +19.3%

BABA ALIBABA GROUP HLDG LTD 0.0%

Value ($000) $1,406 (+264.9%) Shares 9,589 (+345.0%) Est. Cost $132.69 Unrealized —

NFLX NETFLIX INC 0.0%

Value ($000) $3,051 (-21.4%) Shares 32,540 (+905.6%) Est. Cost $100.18 Unrealized +7.6%

WMT WALMART INC 0.0%

Value ($000) $391 (+44.0%) Shares 3,512 (+33.2%) Est. Cost $96.50 Unrealized +11.1%

JPM JPMORGAN CHASE & CO. 0.0%

Value ($000) $1,912 (+6.3%) Shares 5,935 (+4.0%) Est. Cost $98.40 Unrealized +214.6%

META META PLATFORMS INC 0.0%

Value ($000) $2,828 (+1.1%) Shares 4,285 (+12.4%) Est. Cost $365.51 Unrealized +82.6%

COST COSTCO WHSL CORP NEW 0.0%

Value ($000) $566 (+5.2%) Shares 656 (+12.9%) Est. Cost $981.00 Unrealized -7.7%

PG PROCTER AND GAMBLE CO 0.0%

Value ($000) $272 (-4.2%) Shares 1,897 (+2.8%) Est. Cost $159.91 Unrealized -8.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TRGP	TARGA RES CORP	9,729,925 (+134.2%)	$1,795,171 (+157.9%)	2.3%	$167.06	+0.6%	COM	87612G101
CRM	SALESFORCE INC	9,791,328 (+39.0%)	$2,593,821 (+55.3%)	3.3%	$253.13	-2.0%	COM	79466L302
KDP	KEURIG DR PEPPER INC	86,269,175 (+37.8%)	$2,416,400 (+51.3%)	3.1%	$30.61	-11.0%	COM	49271V100
ICE	INTERCONTINENTAL EXCHANGE IN	15,584,531 (+52.9%)	$2,524,071 (+46.9%)	3.2%	$120.65	+29.5%	COM	45866F104
CTVA	CORTEVA INC	17,026,221 (+168.1%)	$1,141,268 (+165.7%)	1.4%	$59.16	+9.1%	COM	22052L104
COF	CAPITAL ONE FINL CORP	10,825,295 (+19.9%)	$2,623,618 (+36.7%)	3.3%	$109.71	+102.5%	COM	14040H105
FCNCA	FIRST CTZNS BANCSHARES INC D	928,944 (+26.0%)	$1,993,681 (+51.1%)	2.5%	$1335.45	+41.0%	CL A	31946M103
ABNB	AIRBNB INC	18,694,408 (+21.0%)	$2,537,205 (+35.2%)	3.2%	$130.57	-4.6%	COM CL A	009066101
MRK	MERCK & CO INC	14,088,705 (+43.4%)	$1,482,977 (+79.9%)	1.9%	$95.90	-2.8%	COM	58933Y105
ELV	ELEVANCE HEALTH INC FORMERLY	4,794,445 (+50.3%)	$1,680,693 (+63.1%)	2.1%	$364.51	-7.6%	COM	036752103
ZBH	ZIMMER BIOMET HOLDINGS INC	12,264,703 (+158.2%)	$1,102,842 (+135.7%)	1.4%	$95.33	-0.8%	COM	98956P102
DAL	DELTA AIR LINES INC DEL	19,666,515 (+45.4%)	$1,364,856 (+77.9%)	1.7%	$51.06	+22.3%	COM NEW	247361702
CDW	CDW CORP	4,525,812 (+1548.4%)	$616,416 (+1309.6%)	0.8%	$148.32	-0.9%	COM	12514G108
UNP	UNION PAC CORP	3,656,510 (+149.5%)	$845,824 (+144.2%)	1.1%	$225.65	+0.7%	COM	907818108
AIG	AMERICAN INTL GROUP INC	22,144,430 (+24.5%)	$1,894,456 (+35.6%)	2.4%	$52.73	+51.1%	COM NEW	026874784
DE	DEERE & CO	3,135,045 (+45.4%)	$1,459,583 (+48.0%)	1.8%	$403.31	+16.0%	COM	244199105
GEHC	GE HEALTHCARE TECHNOLOGIES I	15,854,646 (+43.9%)	$1,300,398 (+57.1%)	1.6%	$77.82	+0.1%	COMMON STOCK	36266G107
COP	CONOCOPHILLIPS	24,002,747 (+27.2%)	$2,246,897 (+25.9%)	2.8%	$91.42	-1.5%	COM	20825C104
WTW	WILLIS TOWERS WATSON PLC LTD	5,613,089 (+30.7%)	$1,844,461 (+24.3%)	2.3%	$255.89	+27.6%	SHS	G96629103
NKE	NIKE INC	14,956,882 (+72.3%)	$952,903 (+57.5%)	1.2%	$61.52	+5.5%	CL B	654106103
NDAQ	NASDAQ INC	8,621,689 (+46.0%)	$837,425 (+60.3%)	1.1%	$69.68	+28.8%	COM	631103108
GPN	GLOBAL PMTS INC	11,348,361 (+66.4%)	$878,363 (+55.1%)	1.1%	$95.47	-15.9%	COM	37940X102
WFC	WELLS FARGO CO NEW	12,903,643 (+19.5%)	$1,202,620 (+32.8%)	1.5%	$42.75	+102.6%	COM	949746101
EOG	EOG RES INC	7,372,292 (+61.6%)	$774,164 (+51.3%)	1.0%	$88.42	+21.3%	COM	26875P101
RGA	REINSURANCE GRP OF AMERICA I	4,261,078 (+27.4%)	$866,959 (+34.9%)	1.1%	$155.77	+24.2%	COM NEW	759351604
CG	CARLYLE GROUP INC	15,198,269 (+39.1%)	$898,370 (+31.1%)	1.1%	$49.60	+13.5%	COM	14316J108
MAS	MASCO CORP	11,501,911 (+55.2%)	$729,911 (+39.9%)	0.9%	$55.55	+16.6%	COM	574599106
SCHW	SCHWAB CHARLES CORP	22,031,493 (+3.7%)	$2,201,166 (+8.6%)	2.8%	$56.81	+66.8%	COM	808513105
FISV	FISERV INC	15,554,703 (+130.0%)	$1,044,809 (+19.8%)	1.3%	$98.88	-15.2%	COM	337738108
STZ	CONSTELLATION BRANDS INC	3,234,152 (+57.8%)	$446,184 (+61.7%)	0.6%	$160.92	-15.0%	CL A	21036P108
MDLZ	MONDELEZ INTL INC	4,619,758 (+221.9%)	$248,682 (+177.4%)	0.3%	$57.95	-1.5%	CL A	609207105
EFX	EQUIFAX INC	7,557,127 (+29.5%)	$1,639,745 (+9.6%)	2.1%	$242.35	-9.8%	COM	294429105
CRBG	COREBRIDGE FINL INC	24,370,017 (+30.1%)	$735,243 (+22.5%)	0.9%	$22.00	+38.9%	COM	21871X109
GPC	GENUINE PARTS CO	4,347,003 (+49.3%)	$534,507 (+32.4%)	0.7%	$129.56	-0.7%	COM	372460105
CMCSA	COMCAST CORP NEW	27,458,428 (+24.5%)	$820,732 (+18.4%)	1.0%	$31.91	-10.6%	CL A	20030N101
PAYC	PAYCOM SOFTWARE INC	3,209,759 (+68.5%)	$511,507 (+29.0%)	0.6%	$184.71	-4.2%	COM	70432V102
CRL	CHARLES RIV LABS INTL INC	1,677,606 (+13.9%)	$334,649 (+45.2%)	0.4%	$143.92	+26.0%	COM	159864107
AMZN	AMAZON COM INC	4,463,110 (+2.5%)	$1,030,175 (+7.8%)	1.3%	$160.07	+42.9%	COM	023135106
FLUT	FLUTTER ENTMT PLC	1,016,963 (+58.9%)	$218,688 (+34.5%)	0.3%	$243.88	-7.8%	SHS	G3643J108
CHTR	CHARTER COMMUNICATIONS INC N	4,344,822 (+24.3%)	$906,982 (-5.7%)	1.1%	$350.95	-35.9%	CL A	16119P108
PSX	PHILLIPS 66	13,978,492 (+2.5%)	$1,803,785 (-2.8%)	2.3%	$117.95	+13.6%	COM	718546104
ICLR	ICON PLC	2,510,166 (+7.2%)	$457,402 (+11.6%)	0.6%	$151.42	+17.6%	SHS	G4705A100
OC	OWENS CORNING NEW	280,528 (+7.1%)	$31,394 (-15.3%)	0.0%	$136.72	-14.2%	COM	690742101
VTV	VANGUARD INDEX FDS	19,859 (+2554.9%)	$3,793 (+2619.0%)	0.0%	$190.13	—	VALUE ETF	922908744
AAPL	APPLE INC	133,170 (+3.4%)	$36,204 (+10.4%)	0.0%	$82.90	+223.7%	COM	037833100
SPY	SPDR S&P 500 ETF TR	5,037 (+151.7%)	$3,435 (+157.7%)	0.0%	$642.45	—	TR UNIT	78462F103
CCK	CROWN HLDGS INC	193,110 (+3.5%)	$19,885 (+10.3%)	0.0%	$81.57	+19.3%	COM	228368106
BABA	ALIBABA GROUP HLDG LTD	9,589 (+345.0%)	$1,406 (+264.9%)	0.0%	$132.69	—	SPONSORED ADS	01609W102
NFLX	NETFLIX INC	32,540 (+905.6%)	$3,051 (-21.4%)	0.0%	$100.18	+7.6%	COM	64110L106
WMT	WALMART INC	3,512 (+33.2%)	$391 (+44.0%)	0.0%	$96.50	+11.1%	COM	931142103
JPM	JPMORGAN CHASE & CO.	5,935 (+4.0%)	$1,912 (+6.3%)	0.0%	$98.40	+214.6%	COM	46625H100
META	META PLATFORMS INC	4,285 (+12.4%)	$2,828 (+1.1%)	0.0%	$365.51	+82.6%	CL A	30303M102
COST	COSTCO WHSL CORP NEW	656 (+12.9%)	$566 (+5.2%)	0.0%	$981.00	-7.7%	COM	22160K105
PG	PROCTER AND GAMBLE CO	1,897 (+2.8%)	$272 (-4.2%)	0.0%	$159.91	-8.0%	COM	742718109

Exited Positions (20)

ACVA ACV AUCTIONS INC 0.0%

Value ($000) $37,706 Shares 3,804,814 Est. Cost $13.72 Unrealized -41.0%

— CUSHMAN WAKEFIELD PLC 0.0%

Value ($000) $36,783 Shares 2,310,494 Est. Cost $16.87 Unrealized —

— INTERPUBLIC GROUP COS INC 0.0%

Value ($000) $13,787 Shares 493,971 Est. Cost $19.42 Unrealized +33.7%

GLIBK GCI LIBERTY INC 0.0%

Value ($000) $13,216 Shares 354,597 Est. Cost $35.27 Unrealized -0.5%

CFG CITIZENS FINL GROUP INC 0.0%

Value ($000) $835 Shares 15,702 Est. Cost $24.48 Unrealized +118.9%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.0%

Value ($000) $331 Shares 1,185 Est. Cost $279.29 Unrealized —

CRI CARTERS INC 0.0%

Value ($000) $330 Shares 11,700 Est. Cost $64.48 Unrealized -51.8%

NOW SERVICENOW INC 0.0%

Value ($000) $313 Shares 340 Est. Cost $186.78 Unrealized -8.2%

RSP INVESCO EXCHANGE TRADED FD T 0.0%

Value ($000) $279 Shares 1,469 Est. Cost $181.74 Unrealized —

CDNS CADENCE DESIGN SYSTEM INC 0.0%

Value ($000) $277 Shares 790 Est. Cost $344.03 Unrealized -5.1%

BKNG BOOKING HOLDINGS INC 0.0%

Value ($000) $248 Shares 46 Est. Cost $1822.04 Unrealized +182.0%

LHX L3HARRIS TECHNOLOGIES INC 0.0%

Value ($000) $218 Shares 713 Est. Cost $271.37 Unrealized +6.3%

MSI MOTOROLA SOLUTIONS INC 0.0%

Value ($000) $214 Shares 469 Est. Cost $448.33 Unrealized -10.6%

HON HONEYWELL INTL INC 0.0%

Value ($000) $214 Shares 1,015 Est. Cost $198.41 Unrealized -1.7%

KO COCA COLA CO 0.0%

Value ($000) $212 Shares 3,190 Est. Cost $67.92 Unrealized +2.2%

QCOM QUALCOMM INC 0.0%

Value ($000) $211 Shares 1,266 Est. Cost $157.20 Unrealized +8.6%

USHY ISHARES TR 0.0%

Value ($000) $143 Shares 3,795 Est. Cost $37.78 Unrealized —

IWR ISHARES TR 0.0%

Value ($000) $97 Shares 1,000 Est. Cost $91.94 Unrealized —

GLIBA GCI LIBERTY INC 0.0%

Value ($000) $75 Shares 2,000 Est. Cost $35.52 Unrealized -1.2%

EFA ISHARES TR 0.0%

Value ($000) $44 Shares 468 Est. Cost $83.63 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ACVA	ACV AUCTIONS INC	3,804,814	$37,706	0.0%	$13.72	-41.0%	—	00091G104
—	CUSHMAN WAKEFIELD PLC	2,310,494	$36,783	0.0%	$16.87	—	—	G2717B108
—	INTERPUBLIC GROUP COS INC	493,971	$13,787	0.0%	$19.42	+33.7%	—	460690100
GLIBK	GCI LIBERTY INC	354,597	$13,216	0.0%	$35.27	-0.5%	—	36164V800
CFG	CITIZENS FINL GROUP INC	15,702	$835	0.0%	$24.48	+118.9%	—	174610105
TSM	TAIWAN SEMICONDUCTOR MFG LTD	1,185	$331	0.0%	$279.29	—	—	874039100
CRI	CARTERS INC	11,700	$330	0.0%	$64.48	-51.8%	—	146229109
NOW	SERVICENOW INC	340	$313	0.0%	$186.78	-8.2%	—	81762P102
RSP	INVESCO EXCHANGE TRADED FD T	1,469	$279	0.0%	$181.74	—	—	46137V357
CDNS	CADENCE DESIGN SYSTEM INC	790	$277	0.0%	$344.03	-5.1%	—	127387108
BKNG	BOOKING HOLDINGS INC	46	$248	0.0%	$1822.04	+182.0%	—	09857L108
LHX	L3HARRIS TECHNOLOGIES INC	713	$218	0.0%	$271.37	+6.3%	—	502431109
MSI	MOTOROLA SOLUTIONS INC	469	$214	0.0%	$448.33	-10.6%	—	620076307
HON	HONEYWELL INTL INC	1,015	$214	0.0%	$198.41	-1.7%	—	438516106
KO	COCA COLA CO	3,190	$212	0.0%	$67.92	+2.2%	—	191216100
QCOM	QUALCOMM INC	1,266	$211	0.0%	$157.20	+8.6%	—	747525103
USHY	ISHARES TR	3,795	$143	0.0%	$37.78	—	—	46435U853
IWR	ISHARES TR	1,000	$97	0.0%	$91.94	—	—	464287499
GLIBA	GCI LIBERTY INC	2,000	$75	0.0%	$35.52	-1.2%	—	36164V602
EFA	ISHARES TR	468	$44	0.0%	$83.63	—	—	464287465

Decreased Positions (66)

WBD WARNER BROS DISCOVERY INC 2.9%

Value ($000) $2,272,596 (+21.3%) Shares 78,854,809 (-17.8%) Est. Cost $11.77 Unrealized +98.6%

BK BANK NEW YORK MELLON CORP 0.0%

Value ($000) $7,854 (-97.9%) Shares 67,654 (-98.0%) Est. Cost $35.38 Unrealized +212.3%

APA APA CORPORATION 0.4%

Value ($000) $284,829 (-53.1%) Shares 11,644,670 (-53.4%) Est. Cost $24.09 Unrealized +0.2%

BAC BANK AMERICA CORP 1.4%

Value ($000) $1,091,937 (-22.1%) Shares 19,853,400 (-26.9%) Est. Cost $18.88 Unrealized +178.9%

C CITIGROUP INC 1.5%

Value ($000) $1,171,704 (-16.4%) Shares 10,041,169 (-27.3%) Est. Cost $46.08 Unrealized +124.9%

LBRDK LIBERTY BROADBAND CORP 0.3%

Value ($000) $201,636 (-50.4%) Shares 4,148,894 (-35.2%) Est. Cost $72.62 Unrealized -28.4%

CNH CNH INDL N V 0.9%

Value ($000) $676,936 (-21.4%) Shares 73,420,366 (-7.4%) Est. Cost $9.71 Unrealized +2.9%

TEL TE CONNECTIVITY PLC 0.9%

Value ($000) $734,854 (-16.5%) Shares 3,229,986 (-19.4%) Est. Cost $147.30 Unrealized +57.0%

GM GENERAL MTRS CO 1.8%

Value ($000) $1,415,598 (+10.3%) Shares 17,407,745 (-17.3%) Est. Cost $29.79 Unrealized +136.3%

MOH MOLINA HEALTHCARE INC 0.5%

Value ($000) $407,201 (-20.7%) Shares 2,346,437 (-12.5%) Est. Cost $254.07 Unrealized -35.3%

SYY SYSCO CORP 0.7%

Value ($000) $583,154 (-14.7%) Shares 7,913,611 (-4.7%) Est. Cost $72.61 Unrealized +4.0%

MGA MAGNA INTL INC 0.0%

Value ($000) $11,016 (-89.2%) Shares 206,680 (-90.4%) Est. Cost $49.63 Unrealized -1.5%

ORCL ORACLE CORP 0.2%

Value ($000) $148,326 (-34.2%) Shares 760,995 (-5.0%) Est. Cost $57.66 Unrealized +312.9%

STT STATE STR CORP 1.0%

Value ($000) $813,569 (-8.0%) Shares 6,306,244 (-17.3%) Est. Cost $58.67 Unrealized +102.8%

MTN VAIL RESORTS INC 0.1%

Value ($000) $94,922 (-29.5%) Shares 714,776 (-20.6%) Est. Cost $202.56 Unrealized -27.3%

NVST ENVISTA HOLDINGS CORPORATION 0.1%

Value ($000) $100,855 (-27.7%) Shares 4,645,560 (-32.2%) Est. Cost $31.48 Unrealized -34.8%

BC BRUNSWICK CORP 0.2%

Value ($000) $180,809 (-15.7%) Shares 2,435,469 (-28.2%) Est. Cost $71.53 Unrealized -5.6%

BDX BECTON DICKINSON & CO 0.7%

Value ($000) $551,493 (-5.4%) Shares 2,841,721 (-8.8%) Est. Cost $199.52 Unrealized -5.0%

FBIN FORTUNE BRANDS INNOVATIONS I 0.5%

Value ($000) $382,204 (-7.6%) Shares 7,641,019 (-1.4%) Est. Cost $57.61 Unrealized -13.6%

SEE SEALED AIR CORP NEW 0.2%

Value ($000) $157,675 (-15.9%) Shares 3,805,827 (-28.3%) Est. Cost $38.60 Unrealized -0.1%

BWA BORGWARNER INC 0.1%

Value ($000) $61,909 (-31.8%) Shares 1,373,924 (-33.5%) Est. Cost $33.74 Unrealized +29.5%

RYAAY RYANAIR HOLDINGS PLC 0.2%

Value ($000) $161,255 (-12.5%) Shares 2,233,754 (-27.0%) Est. Cost $64.49 Unrealized —

WMG WARNER MUSIC GROUP CORP 0.1%

Value ($000) $50,689 (-28.1%) Shares 1,652,725 (-20.2%) Est. Cost $30.32 Unrealized -0.3%

BLK BLACKROCK INC 0.1%

Value ($000) $58,236 (-25.1%) Shares 54,409 (-18.4%) Est. Cost $984.03 Unrealized +10.7%

GOOGL ALPHABET INC 3.5%

Value ($000) $2,791,516 (+0.7%) Shares 8,918,581 (-21.8%) Est. Cost $108.26 Unrealized +163.8%

KR KROGER CO 0.0%

Value ($000) $2,602 (-86.4%) Shares 41,645 (-85.4%) Est. Cost $44.16 Unrealized +47.7%

WEN WENDYS CO 0.1%

Value ($000) $83,018 (-14.5%) Shares 9,966,105 (-6.0%) Est. Cost $18.97 Unrealized -54.5%

ABM ABM INDS INC 0.1%

Value ($000) $114,712 (-10.2%) Shares 2,711,878 (-2.1%) Est. Cost $44.80 Unrealized -2.6%

GOOG ALPHABET INC 0.4%

Value ($000) $301,741 (+4.4%) Shares 961,570 (-18.9%) Est. Cost $106.63 Unrealized +168.5%

HCA HCA HEALTHCARE INC 0.1%

Value ($000) $84,521 (-10.6%) Shares 181,042 (-18.4%) Est. Cost $105.45 Unrealized +339.8%

OPLN OPENLANE INC 0.1%

Value ($000) $40,951 (-15.5%) Shares 1,375,115 (-18.3%) Est. Cost $15.38 Unrealized +75.8%

ALSN ALLISON TRANSMISSION HLDGS I 0.1%

Value ($000) $66,428 (+10.2%) Shares 678,527 (-4.5%) Est. Cost $65.12 Unrealized +34.4%

MA MASTERCARD INCORPORATED 0.1%

Value ($000) $67,952 (-5.1%) Shares 119,031 (-5.4%) Est. Cost $128.56 Unrealized +334.8%

THO THOR INDS INC 0.1%

Value ($000) $108,931 (-2.9%) Shares 1,060,985 (-2.0%) Est. Cost $86.53 Unrealized +19.4%

ALV AUTOLIV INC 0.0%

Value ($000) $30,339 (-7.2%) Shares 255,590 (-3.4%) Est. Cost $80.54 Unrealized +48.3%

KKR KKR & CO INC 0.1%

Value ($000) $47,192 (-4.4%) Shares 370,193 (-2.6%) Est. Cost $48.91 Unrealized +154.1%

APTV APTIV PLC 0.0%

Value ($000) $2,953 (-42.1%) Shares 38,815 (-34.4%) Est. Cost $61.22 Unrealized +31.1%

GRFS GRIFOLS S A 0.0%

Value ($000) $25,143 (-7.6%) Shares 2,689,100 (-1.6%) Est. Cost $8.48 Unrealized —

CIGI COLLIERS INTL GROUP INC 0.0%

Value ($000) $10,671 (-14.9%) Shares 72,600 (-9.5%) Est. Cost $105.32 Unrealized +42.5%

HHH HOWARD HUGHES HOLDINGS INC 0.0%

Value ($000) $3,063 (-36.6%) Shares 38,394 (-34.7%) Est. Cost $75.06 Unrealized +10.4%

LEA LEAR CORP 0.0%

Value ($000) $2,607 (-37.3%) Shares 22,750 (-44.9%) Est. Cost $98.79 Unrealized +7.6%

CE CELANESE CORP DEL 0.2%

Value ($000) $143,822 (-0.6%) Shares 3,401,656 (-1.0%) Est. Cost $88.53 Unrealized -53.9%

MSFT MICROSOFT CORP 0.0%

Value ($000) $3,315 (-18.5%) Shares 6,854 (-12.7%) Est. Cost $361.34 Unrealized +38.5%

V VISA INC 0.3%

Value ($000) $257,892 (-0.3%) Shares 735,344 (-2.9%) Est. Cost $117.10 Unrealized +190.7%

ZGN ERMENEGILDO ZEGNA N V 0.0%

Value ($000) $32,936 (-2.0%) Shares 3,213,300 (-9.6%) Est. Cost $8.70 Unrealized +17.4%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $13,068 (-3.9%) Shares 25,999 (-3.9%) Est. Cost $211.00 Unrealized +135.8%

WDAY WORKDAY INC 0.0%

Value ($000) $1,230 (-22.5%) Shares 5,727 (-13.2%) Est. Cost $177.29 Unrealized +28.2%

NVDA NVIDIA CORPORATION 0.0%

Value ($000) $2,453 (-12.3%) Shares 13,154 (-12.3%) Est. Cost $124.14 Unrealized +49.9%

CVS CVS HEALTH CORP 0.1%

Value ($000) $41,668 (+0.8%) Shares 525,051 (-4.3%) Est. Cost $60.19 Unrealized +30.7%

CSL CARLISLE COS INC 0.0%

Value ($000) $1,753 (-14.5%) Shares 5,480 (-12.1%) Est. Cost $135.82 Unrealized +137.6%

DOV DOVER CORP 0.0%

Value ($000) $2,316 (+14.6%) Shares 11,863 (-2.1%) Est. Cost $41.96 Unrealized +333.4%

GS GOLDMAN SACHS GROUP INC 0.0%

Value ($000) $29,050 (-0.9%) Shares 33,049 (-10.2%) Est. Cost $147.77 Unrealized +450.4%

MBC MASTERBRAND INC 0.0%

Value ($000) $1,200 (-17.3%) Shares 108,716 (-1.4%) Est. Cost $9.79 Unrealized +19.6%

MCO MOODYS CORP 0.0%

Value ($000) $995 (-19.7%) Shares 1,948 (-25.1%) Est. Cost $226.06 Unrealized +115.6%

AXP AMERICAN EXPRESS CO 0.1%

Value ($000) $81,047 (+0.3%) Shares 219,077 (-10.0%) Est. Cost $146.28 Unrealized +144.0%

HRI HERC HLDGS INC 0.0%

Value ($000) $1,054 (+24.2%) Shares 7,105 (-2.3%) Est. Cost $32.09 Unrealized +323.7%

DEO DIAGEO PLC 0.0%

Value ($000) $302 (-38.5%) Shares 3,495 (-31.9%) Est. Cost $115.37 Unrealized —

DHR DANAHER CORPORATION 0.0%

Value ($000) $518 (-21.3%) Shares 2,261 (-31.9%) Est. Cost $211.24 Unrealized +3.9%

LBRDA LIBERTY BROADBAND CORP 0.0%

Value ($000) $208 (-38.1%) Shares 4,305 (-18.9%) Est. Cost $91.64 Unrealized -43.5%

ABBV ABBVIE INC 0.0%

Value ($000) $613 (-16.3%) Shares 2,682 (-15.2%) Est. Cost $182.67 Unrealized +24.6%

HLT HILTON WORLDWIDE HLDGS INC 0.0%

Value ($000) $32,866 (+0.3%) Shares 114,415 (-9.5%) Est. Cost $75.08 Unrealized +262.6%

HDB HDFC BANK LTD 0.0%

Value ($000) $219 (-26.7%) Shares 6,000 (-31.5%) Est. Cost $48.72 Unrealized —

CVX CHEVRON CORP NEW 0.0%

Value ($000) $206 (-19.8%) Shares 1,350 (-18.3%) Est. Cost $144.56 Unrealized +4.7%

JCI JOHNSON CTLS INTL PLC 0.0%

Value ($000) $978 (+3.0%) Shares 8,165 (-5.4%) Est. Cost $32.58 Unrealized +252.4%

DIS DISNEY WALT CO 0.0%

Value ($000) $206 (-6.5%) Shares 1,810 (-5.9%) Est. Cost $106.85 Unrealized +2.5%

KB KB FINL GROUP INC 0.0%

Value ($000) $268 (-3.9%) Shares 3,115 (-7.4%) Est. Cost $82.59 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WBD	WARNER BROS DISCOVERY INC	78,854,809 (-17.8%)	$2,272,596 (+21.3%)	2.9%	$11.77	+98.6%	COM SER A	934423104
BK	BANK NEW YORK MELLON CORP	67,654 (-98.0%)	$7,854 (-97.9%)	0.0%	$35.38	+212.3%	COM	064058100
APA	APA CORPORATION	11,644,670 (-53.4%)	$284,829 (-53.1%)	0.4%	$24.09	+0.2%	COM	03743Q108
BAC	BANK AMERICA CORP	19,853,400 (-26.9%)	$1,091,937 (-22.1%)	1.4%	$18.88	+178.9%	COM	060505104
C	CITIGROUP INC	10,041,169 (-27.3%)	$1,171,704 (-16.4%)	1.5%	$46.08	+124.9%	COM NEW	172967424
LBRDK	LIBERTY BROADBAND CORP	4,148,894 (-35.2%)	$201,636 (-50.4%)	0.3%	$72.62	-28.4%	COM SER C	530307305
CNH	CNH INDL N V	73,420,366 (-7.4%)	$676,936 (-21.4%)	0.9%	$9.71	+2.9%	SHS	N20944109
TEL	TE CONNECTIVITY PLC	3,229,986 (-19.4%)	$734,854 (-16.5%)	0.9%	$147.30	+57.0%	ORD SHS	G87052109
GM	GENERAL MTRS CO	17,407,745 (-17.3%)	$1,415,598 (+10.3%)	1.8%	$29.79	+136.3%	COM	37045V100
MOH	MOLINA HEALTHCARE INC	2,346,437 (-12.5%)	$407,201 (-20.7%)	0.5%	$254.07	-35.3%	COM	60855R100
SYY	SYSCO CORP	7,913,611 (-4.7%)	$583,154 (-14.7%)	0.7%	$72.61	+4.0%	COM	871829107
MGA	MAGNA INTL INC	206,680 (-90.4%)	$11,016 (-89.2%)	0.0%	$49.63	-1.5%	COM	559222401
ORCL	ORACLE CORP	760,995 (-5.0%)	$148,326 (-34.2%)	0.2%	$57.66	+312.9%	COM	68389X105
STT	STATE STR CORP	6,306,244 (-17.3%)	$813,569 (-8.0%)	1.0%	$58.67	+102.8%	COM	857477103
MTN	VAIL RESORTS INC	714,776 (-20.6%)	$94,922 (-29.5%)	0.1%	$202.56	-27.3%	COM	91879Q109
NVST	ENVISTA HOLDINGS CORPORATION	4,645,560 (-32.2%)	$100,855 (-27.7%)	0.1%	$31.48	-34.8%	COM	29415F104
BC	BRUNSWICK CORP	2,435,469 (-28.2%)	$180,809 (-15.7%)	0.2%	$71.53	-5.6%	COM	117043109
BDX	BECTON DICKINSON & CO	2,841,721 (-8.8%)	$551,493 (-5.4%)	0.7%	$199.52	-5.0%	COM	075887109
FBIN	FORTUNE BRANDS INNOVATIONS I	7,641,019 (-1.4%)	$382,204 (-7.6%)	0.5%	$57.61	-13.6%	COM	34964C106
SEE	SEALED AIR CORP NEW	3,805,827 (-28.3%)	$157,675 (-15.9%)	0.2%	$38.60	-0.1%	COM	81211K100
BWA	BORGWARNER INC	1,373,924 (-33.5%)	$61,909 (-31.8%)	0.1%	$33.74	+29.5%	COM	099724106
RYAAY	RYANAIR HOLDINGS PLC	2,233,754 (-27.0%)	$161,255 (-12.5%)	0.2%	$64.49	—	SPONSORED ADR	783513203
WMG	WARNER MUSIC GROUP CORP	1,652,725 (-20.2%)	$50,689 (-28.1%)	0.1%	$30.32	-0.3%	COM CL A	934550203
BLK	BLACKROCK INC	54,409 (-18.4%)	$58,236 (-25.1%)	0.1%	$984.03	+10.7%	COM	09290D101
GOOGL	ALPHABET INC	8,918,581 (-21.8%)	$2,791,516 (+0.7%)	3.5%	$108.26	+163.8%	CAP STK CL A	02079K305
KR	KROGER CO	41,645 (-85.4%)	$2,602 (-86.4%)	0.0%	$44.16	+47.7%	COM	501044101
WEN	WENDYS CO	9,966,105 (-6.0%)	$83,018 (-14.5%)	0.1%	$18.97	-54.5%	COM	95058W100
ABM	ABM INDS INC	2,711,878 (-2.1%)	$114,712 (-10.2%)	0.1%	$44.80	-2.6%	COM	000957100
GOOG	ALPHABET INC	961,570 (-18.9%)	$301,741 (+4.4%)	0.4%	$106.63	+168.5%	CAP STK CL C	02079K107
HCA	HCA HEALTHCARE INC	181,042 (-18.4%)	$84,521 (-10.6%)	0.1%	$105.45	+339.8%	COM	40412C101
OPLN	OPENLANE INC	1,375,115 (-18.3%)	$40,951 (-15.5%)	0.1%	$15.38	+75.8%	COM	48238T109
ALSN	ALLISON TRANSMISSION HLDGS I	678,527 (-4.5%)	$66,428 (+10.2%)	0.1%	$65.12	+34.4%	COM	01973R101
MA	MASTERCARD INCORPORATED	119,031 (-5.4%)	$67,952 (-5.1%)	0.1%	$128.56	+334.8%	CL A	57636Q104
THO	THOR INDS INC	1,060,985 (-2.0%)	$108,931 (-2.9%)	0.1%	$86.53	+19.4%	COM	885160101
ALV	AUTOLIV INC	255,590 (-3.4%)	$30,339 (-7.2%)	0.0%	$80.54	+48.3%	COM	052800109
KKR	KKR & CO INC	370,193 (-2.6%)	$47,192 (-4.4%)	0.1%	$48.91	+154.1%	COM	48251W104
APTV	APTIV PLC	38,815 (-34.4%)	$2,953 (-42.1%)	0.0%	$61.22	+31.1%	COM SHS	G3265R107
GRFS	GRIFOLS S A	2,689,100 (-1.6%)	$25,143 (-7.6%)	0.0%	$8.48	—	SP ADR REP B NVT	398438408
CIGI	COLLIERS INTL GROUP INC	72,600 (-9.5%)	$10,671 (-14.9%)	0.0%	$105.32	+42.5%	SUB VTG SHS	194693107
HHH	HOWARD HUGHES HOLDINGS INC	38,394 (-34.7%)	$3,063 (-36.6%)	0.0%	$75.06	+10.4%	COM	44267T102
LEA	LEAR CORP	22,750 (-44.9%)	$2,607 (-37.3%)	0.0%	$98.79	+7.6%	COM NEW	521865204
CE	CELANESE CORP DEL	3,401,656 (-1.0%)	$143,822 (-0.6%)	0.2%	$88.53	-53.9%	COM	150870103
MSFT	MICROSOFT CORP	6,854 (-12.7%)	$3,315 (-18.5%)	0.0%	$361.34	+38.5%	COM	594918104
V	VISA INC	735,344 (-2.9%)	$257,892 (-0.3%)	0.3%	$117.10	+190.7%	COM CL A	92826C839
ZGN	ERMENEGILDO ZEGNA N V	3,213,300 (-9.6%)	$32,936 (-2.0%)	0.0%	$8.70	+17.4%	ORD SHS	N30577105
BRK/B	BERKSHIRE HATHAWAY INC DEL	25,999 (-3.9%)	$13,068 (-3.9%)	0.0%	$211.00	+135.8%	CL B NEW	084670702
WDAY	WORKDAY INC	5,727 (-13.2%)	$1,230 (-22.5%)	0.0%	$177.29	+28.2%	CL A	98138H101
NVDA	NVIDIA CORPORATION	13,154 (-12.3%)	$2,453 (-12.3%)	0.0%	$124.14	+49.9%	COM	67066G104
CVS	CVS HEALTH CORP	525,051 (-4.3%)	$41,668 (+0.8%)	0.1%	$60.19	+30.7%	COM	126650100
CSL	CARLISLE COS INC	5,480 (-12.1%)	$1,753 (-14.5%)	0.0%	$135.82	+137.6%	COM	142339100
DOV	DOVER CORP	11,863 (-2.1%)	$2,316 (+14.6%)	0.0%	$41.96	+333.4%	COM	260003108
GS	GOLDMAN SACHS GROUP INC	33,049 (-10.2%)	$29,050 (-0.9%)	0.0%	$147.77	+450.4%	COM	38141G104
MBC	MASTERBRAND INC	108,716 (-1.4%)	$1,200 (-17.3%)	0.0%	$9.79	+19.6%	COMMON STOCK	57638P104
MCO	MOODYS CORP	1,948 (-25.1%)	$995 (-19.7%)	0.0%	$226.06	+115.6%	COM	615369105
AXP	AMERICAN EXPRESS CO	219,077 (-10.0%)	$81,047 (+0.3%)	0.1%	$146.28	+144.0%	COM	025816109
HRI	HERC HLDGS INC	7,105 (-2.3%)	$1,054 (+24.2%)	0.0%	$32.09	+323.7%	COM	42704L104
DEO	DIAGEO PLC	3,495 (-31.9%)	$302 (-38.5%)	0.0%	$115.37	—	SPON ADR NEW	25243Q205
DHR	DANAHER CORPORATION	2,261 (-31.9%)	$518 (-21.3%)	0.0%	$211.24	+3.9%	COM	235851102
LBRDA	LIBERTY BROADBAND CORP	4,305 (-18.9%)	$208 (-38.1%)	0.0%	$91.64	-43.5%	COM SER A	530307107
ABBV	ABBVIE INC	2,682 (-15.2%)	$613 (-16.3%)	0.0%	$182.67	+24.6%	COM	00287Y109
HLT	HILTON WORLDWIDE HLDGS INC	114,415 (-9.5%)	$32,866 (+0.3%)	0.0%	$75.08	+262.6%	COM	43300A203
HDB	HDFC BANK LTD	6,000 (-31.5%)	$219 (-26.7%)	0.0%	$48.72	—	SPONSORED ADS	40415F101
CVX	CHEVRON CORP NEW	1,350 (-18.3%)	$206 (-19.8%)	0.0%	$144.56	+4.7%	COM	166764100
JCI	JOHNSON CTLS INTL PLC	8,165 (-5.4%)	$978 (+3.0%)	0.0%	$32.58	+252.4%	SHS	G51502105
DIS	DISNEY WALT CO	1,810 (-5.9%)	$206 (-6.5%)	0.0%	$106.85	+2.5%	COM	254687106
KB	KB FINL GROUP INC	3,115 (-7.4%)	$268 (-3.9%)	0.0%	$82.59	—	SPONSORED ADR	48241A105

Unchanged Positions (37)

IQV IQVIA HLDGS INC 3.2%

Value ($000) $2,551,578 Shares 11,319,718 Est. Cost $210.33 Unrealized +3.4%

ALLY ALLY FINL INC 1.5%

Value ($000) $1,224,902 Shares 27,045,748 Est. Cost $21.37 Unrealized +91.0%

MPC MARATHON PETE CORP 0.8%

Value ($000) $655,718 Shares 4,031,962 Est. Cost $146.47 Unrealized +27.3%

CNC CENTENE CORP DEL 0.5%

Value ($000) $372,430 Shares 9,050,554 Est. Cost $72.72 Unrealized -48.5%

BAX BAXTER INTL INC 0.2%

Value ($000) $161,400 Shares 8,445,832 Est. Cost $38.32 Unrealized -47.8%

CBRE CBRE GROUP INC 1.4%

Value ($000) $1,114,053 Shares 6,928,621 Est. Cost $52.24 Unrealized +201.0%

LAD LITHIA MTRS INC 0.8%

Value ($000) $653,705 Shares 1,967,035 Est. Cost $275.75 Unrealized +15.2%

FMX FOMENTO ECONOMICO MEXICANO S 0.3%

Value ($000) $273,366 Shares 2,704,716 Est. Cost $98.63 Unrealized —

TXN TEXAS INSTRS INC 0.0%

Value ($000) $8,373 Shares 48,265 Est. Cost $28.87 Unrealized +491.3%

CAT CATERPILLAR INC 0.0%

Value ($000) $1,379 Shares 2,408 Est. Cost $168.20 Unrealized +230.3%

CSX CSX CORP 0.0%

Value ($000) $7,046 Shares 194,360 Est. Cost $29.78 Unrealized +19.9%

LLY ELI LILLY & CO 0.0%

Value ($000) $445 Shares 414 Est. Cost $773.40 Unrealized +23.6%

AMAT APPLIED MATLS INC 0.0%

Value ($000) $565 Shares 2,200 Est. Cost $157.45 Unrealized +52.1%

TFC TRUIST FINL CORP 0.0%

Value ($000) $1,132 Shares 23,000 Est. Cost $32.45 Unrealized +41.2%

AMD ADVANCED MICRO DEVICES INC 0.0%

Value ($000) $328 Shares 1,530 Est. Cost $108.87 Unrealized +106.3%

— PIMCO DYNAMIC INCOME STRATEG 0.0%

Value ($000) $188 Shares 10,000 Est. Cost $26.76 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.0%

Value ($000) $313 Shares 541 Est. Cost $464.78 Unrealized +21.6%

PH PARKER-HANNIFIN CORP 0.0%

Value ($000) $259 Shares 295 Est. Cost $628.26 Unrealized +30.2%

ADP AUTOMATIC DATA PROCESSING IN 0.0%

Value ($000) $207 Shares 805 Est. Cost $155.99 Unrealized +69.8%

AVGO BROADCOM INC 0.0%

Value ($000) $592 Shares 1,710 Est. Cost $215.92 Unrealized +65.3%

PUK PRUDENTIAL PLC 0.0%

Value ($000) $234 Shares 7,520 Est. Cost $21.50 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.0%

Value ($000) $467 Shares 1,414 Est. Cost $298.94 Unrealized +12.8%

ABT ABBOTT LABS 0.0%

Value ($000) $256 Shares 2,046 Est. Cost $130.60 Unrealized -2.5%

IDXX IDEXX LABS INC 0.0%

Value ($000) $308 Shares 455 Est. Cost $606.98 Unrealized +12.2%

XOM EXXON MOBIL CORP 0.0%

Value ($000) $237 Shares 1,966 Est. Cost $106.74 Unrealized +8.2%

THC TENET HEALTHCARE CORP 0.0%

Value ($000) $477 Shares 2,400 Est. Cost $39.73 Unrealized +408.6%

VOT VANGUARD INDEX FDS 0.0%

Value ($000) $195 Shares 700 Est. Cost $284.39 Unrealized —

PM PHILIP MORRIS INTL INC 0.0%

Value ($000) $818 Shares 5,099 Est. Cost $61.64 Unrealized +149.1%

OSK OSHKOSH CORP 0.0%

Value ($000) $207 Shares 1,645 Est. Cost $131.45 Unrealized -2.7%

PEP PEPSICO INC 0.0%

Value ($000) $305 Shares 2,124 Est. Cost $131.03 Unrealized +11.3%

AON AON PLC 0.0%

Value ($000) $247 Shares 699 Est. Cost $361.30 Unrealized -3.4%

ACWI ISHARES TR 0.0%

Value ($000) $155 Shares 1,092 Est. Cost $119.55 Unrealized —

IWM ISHARES TR 0.0%

Value ($000) $131 Shares 533 Est. Cost $204.67 Unrealized —

MCD MCDONALDS CORP 0.0%

Value ($000) $389 Shares 1,273 Est. Cost $292.57 Unrealized +4.3%

EUFN ISHARES TR 0.0%

Value ($000) $22 Shares 600 Est. Cost $23.30 Unrealized —

INDA ISHARES TR 0.0%

Value ($000) $32 Shares 600 Est. Cost $52.64 Unrealized —

IEUR ISHARES TR 0.0%

Value ($000) $3 Shares 46 Est. Cost $68.13 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IQV	IQVIA HLDGS INC	11,319,718	$2,551,578	3.2%	$210.33	+3.4%	COM	46266C105
ALLY	ALLY FINL INC	27,045,748	$1,224,902	1.5%	$21.37	+91.0%	COM	02005N100
MPC	MARATHON PETE CORP	4,031,962	$655,718	0.8%	$146.47	+27.3%	COM	56585A102
CNC	CENTENE CORP DEL	9,050,554	$372,430	0.5%	$72.72	-48.5%	COM	15135B101
BAX	BAXTER INTL INC	8,445,832	$161,400	0.2%	$38.32	-47.8%	COM	071813109
CBRE	CBRE GROUP INC	6,928,621	$1,114,053	1.4%	$52.24	+201.0%	CL A	12504L109
LAD	LITHIA MTRS INC	1,967,035	$653,705	0.8%	$275.75	+15.2%	COM	536797103
FMX	FOMENTO ECONOMICO MEXICANO S	2,704,716	$273,366	0.3%	$98.63	—	SPON ADR UNITS	344419106
TXN	TEXAS INSTRS INC	48,265	$8,373	0.0%	$28.87	+491.3%	COM	882508104
CAT	CATERPILLAR INC	2,408	$1,379	0.0%	$168.20	+230.3%	COM	149123101
CSX	CSX CORP	194,360	$7,046	0.0%	$29.78	+19.9%	COM	126408103
LLY	ELI LILLY & CO	414	$445	0.0%	$773.40	+23.6%	COM	532457108
AMAT	APPLIED MATLS INC	2,200	$565	0.0%	$157.45	+52.1%	COM	038222105
TFC	TRUIST FINL CORP	23,000	$1,132	0.0%	$32.45	+41.2%	COM	89832Q109
AMD	ADVANCED MICRO DEVICES INC	1,530	$328	0.0%	$108.87	+106.3%	COM	007903107
—	PIMCO DYNAMIC INCOME STRATEG	10,000	$188	0.0%	$26.76	—	COM SHS BEN INT	69346N107
TMO	THERMO FISHER SCIENTIFIC INC	541	$313	0.0%	$464.78	+21.6%	COM	883556102
PH	PARKER-HANNIFIN CORP	295	$259	0.0%	$628.26	+30.2%	COM	701094104
ADP	AUTOMATIC DATA PROCESSING IN	805	$207	0.0%	$155.99	+69.8%	COM	053015103
AVGO	BROADCOM INC	1,710	$592	0.0%	$215.92	+65.3%	COM	11135F101
PUK	PRUDENTIAL PLC	7,520	$234	0.0%	$21.50	—	ADR	74435K204
UNH	UNITEDHEALTH GROUP INC	1,414	$467	0.0%	$298.94	+12.8%	COM	91324P102
ABT	ABBOTT LABS	2,046	$256	0.0%	$130.60	-2.5%	COM	002824100
IDXX	IDEXX LABS INC	455	$308	0.0%	$606.98	+12.2%	COM	45168D104
XOM	EXXON MOBIL CORP	1,966	$237	0.0%	$106.74	+8.2%	COM	30231G102
THC	TENET HEALTHCARE CORP	2,400	$477	0.0%	$39.73	+408.6%	COM NEW	88033G407
VOT	VANGUARD INDEX FDS	700	$195	0.0%	$284.39	—	MCAP GR IDXVIP	922908538
PM	PHILIP MORRIS INTL INC	5,099	$818	0.0%	$61.64	+149.1%	COM	718172109
OSK	OSHKOSH CORP	1,645	$207	0.0%	$131.45	-2.7%	COM	688239201
PEP	PEPSICO INC	2,124	$305	0.0%	$131.03	+11.3%	COM	713448108
AON	AON PLC	699	$247	0.0%	$361.30	-3.4%	SHS CL A	G0403H108
ACWI	ISHARES TR	1,092	$155	0.0%	$119.55	—	MSCI ACWI ETF	464288257
IWM	ISHARES TR	533	$131	0.0%	$204.67	—	RUSSELL 2000 ETF	464287655
MCD	MCDONALDS CORP	1,273	$389	0.0%	$292.57	+4.3%	COM	580135101
EUFN	ISHARES TR	600	$22	0.0%	$23.30	—	MSCI EURO FL ETF	464289180
INDA	ISHARES TR	600	$32	0.0%	$52.64	—	MSCI INDIA ETF	46429B598
IEUR	ISHARES TR	46	$3	0.0%	$68.13	—	CORE MSCI EURO	46434V738