Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MU	MICRON TECHNOLOGY INC	17,483	$20.18M	3.6%	$1154.29	—	COM	595112103
NTRS	NORTHERN TR CORP	114,253	$19.86M	3.5%	$173.84	—	COM	665859104
ODFL	OLD DOMINION FREIGHT LINE IN	83,680	$18.13M	3.2%	$216.60	—	COM	679580100
JCI	JOHNSON CONTROLS INTERNATION	117,618	$17.19M	3.1%	$146.11	—	SHS	G51502105
TDG	TRANSDIGM GROUP INC	160	$213K	0.0%	$1332.04	—	COM	893641100

Increased Positions (26)

NVDA NVIDIA CORPORATION 7.8%

Value $43.78M (+40.6%) Shares 218,792 (+22.6%) Est. Cost $143.88 Unrealized —

AAPL APPLE INC 8.1%

Value $45.29M (+28.7%) Shares 156,510 (+12.9%) Est. Cost $242.76 Unrealized —

GOOGL ALPHABET INC 5.0%

Value $27.74M (+41.8%) Shares 77,631 (+14.1%) Est. Cost $188.52 Unrealized —

BKNG BOOKING HOLDINGS INC 0.1%

Value $313K (-94.6%) Shares 1,754 (+28.7%) Est. Cost $2262.11 Unrealized —

MNST MONSTER BEVERAGE CORP NEW 3.1%

Value $17.43M (+37.9%) Shares 181,377 (+3.9%) Est. Cost $72.58 Unrealized —

AVGO BROADCOM INC 2.5%

Value $13.73M (+40.8%) Shares 36,343 (+15.3%) Est. Cost $206.54 Unrealized —

ROST ROSS STORES INC 2.8%

Value $15.51M (+28.6%) Shares 72,884 (+30.9%) Est. Cost $197.21 Unrealized —

EBAY EBAY INC. 2.4%

Value $13.23M (+30.9%) Shares 118,424 (+6.6%) Est. Cost $66.37 Unrealized —

HWM HOWMET AEROSPACE INC 2.2%

Value $12.46M (+24.6%) Shares 46,357 (+6.8%) Est. Cost $139.96 Unrealized —

AMZN AMAZON COM INC 1.3%

Value $7.46M (+38.3%) Shares 31,301 (+20.8%) Est. Cost $228.50 Unrealized —

TT TRANE TECHNOLOGIES PLC 1.5%

Value $8.607M (+28.9%) Shares 17,523 (+9.3%) Est. Cost $431.47 Unrealized —

V VISA INC 1.8%

Value $10.11M (+22.9%) Shares 29,480 (+8.3%) Est. Cost $339.48 Unrealized —

LLY ELI LILLY & CO 1.0%

Value $5.835M (+47.4%) Shares 4,865 (+13.0%) Est. Cost $1064.62 Unrealized —

UBS UBS GROUP AG 1.3%

Value $7.554M (+30.7%) Shares 152,430 (+3.0%) Est. Cost $38.18 Unrealized —

KMB KIMBERLY-CLARK CORP 1.1%

Value $5.986M (+26.3%) Shares 54,533 (+11.0%) Est. Cost $128.63 Unrealized —

CL COLGATE PALMOLIVE CO 1.2%

Value $6.468M (+19.6%) Shares 70,549 (+11.1%) Est. Cost $93.69 Unrealized —

MCO MOODYS CORP 1.5%

Value $8.572M (+12.0%) Shares 18,927 (+7.9%) Est. Cost $477.27 Unrealized —

LOGI LOGITECH INTL S A 1.2%

Value $6.974M (+14.4%) Shares 74,158 (+10.8%) Est. Cost $101.53 Unrealized —

CBOE CBOE GLOBAL MKTS INC 2.5%

Value $14.12M (+5.6%) Shares 58,176 (+22.4%) Est. Cost $266.65 Unrealized —

KLAC KLA CORP 3.0%

Value $17.01M (-4.2%) Shares 56,390 (+367.6%) Est. Cost $411.46 Unrealized —

UBER UBER TECHNOLOGIES INC 1.3%

Value $7.179M (+10.0%) Shares 99,484 (+9.7%) Est. Cost $81.48 Unrealized —

MSI MOTOROLA SOLUTIONS INC 0.8%

Value $4.429M (+15.6%) Shares 10,665 (+20.8%) Est. Cost $456.38 Unrealized —

AZN ASTRAZENECA PLC 7.1%

Value $39.91M (-1.0%) Shares 210,470 (+3.0%) Est. Cost $190.37 Unrealized —

CTAS CINTAS CORP 1.0%

Value $5.619M (+6.8%) Shares 33,036 (+6.2%) Est. Cost $176.71 Unrealized —

CF CF INDUSTRIES HOLD 1.8%

Value $9.891M (+0.8%) Shares 91,365 (+20.9%) Est. Cost $93.22 Unrealized —

GILD GILEAD SCIENCES INC 1.1%

Value $6.252M (-0.6%) Shares 49,485 (+9.6%) Est. Cost $96.60 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	218,792 (+22.6%)	$43.78M (+40.6%)	7.8%	$143.88	—	COM	67066G104
AAPL	APPLE INC	156,510 (+12.9%)	$45.29M (+28.7%)	8.1%	$242.76	—	COM	037833100
GOOGL	ALPHABET INC	77,631 (+14.1%)	$27.74M (+41.8%)	5.0%	$188.52	—	CAP STK CL A	02079K305
BKNG	BOOKING HOLDINGS INC	1,754 (+28.7%)	$313K (-94.6%)	0.1%	$2262.11	—	COM	09857L108
MNST	MONSTER BEVERAGE CORP NEW	181,377 (+3.9%)	$17.43M (+37.9%)	3.1%	$72.58	—	COM	61174X109
AVGO	BROADCOM INC	36,343 (+15.3%)	$13.73M (+40.8%)	2.5%	$206.54	—	COM	11135F101
ROST	ROSS STORES INC	72,884 (+30.9%)	$15.51M (+28.6%)	2.8%	$197.21	—	COM	778296103
EBAY	EBAY INC.	118,424 (+6.6%)	$13.23M (+30.9%)	2.4%	$66.37	—	COM	278642103
HWM	HOWMET AEROSPACE INC	46,357 (+6.8%)	$12.46M (+24.6%)	2.2%	$139.96	—	COM	443201108
AMZN	AMAZON COM INC	31,301 (+20.8%)	$7.46M (+38.3%)	1.3%	$228.50	—	COM	023135106
TT	TRANE TECHNOLOGIES PLC	17,523 (+9.3%)	$8.607M (+28.9%)	1.5%	$431.47	—	SHS	G8994E103
V	VISA INC	29,480 (+8.3%)	$10.11M (+22.9%)	1.8%	$339.48	—	COM CL A	92826C839
LLY	ELI LILLY & CO	4,865 (+13.0%)	$5.835M (+47.4%)	1.0%	$1064.62	—	COM	532457108
UBS	UBS GROUP AG	152,430 (+3.0%)	$7.554M (+30.7%)	1.3%	$38.18	—	SHS	H42097107
KMB	KIMBERLY-CLARK CORP	54,533 (+11.0%)	$5.986M (+26.3%)	1.1%	$128.63	—	COM	494368103
CL	COLGATE PALMOLIVE CO	70,549 (+11.1%)	$6.468M (+19.6%)	1.2%	$93.69	—	COM	194162103
MCO	MOODYS CORP	18,927 (+7.9%)	$8.572M (+12.0%)	1.5%	$477.27	—	COM	615369105
LOGI	LOGITECH INTL S A	74,158 (+10.8%)	$6.974M (+14.4%)	1.2%	$101.53	—	SHS	H50430232
CBOE	CBOE GLOBAL MKTS INC	58,176 (+22.4%)	$14.12M (+5.6%)	2.5%	$266.65	—	COM	12503M108
KLAC	KLA CORP	56,390 (+367.6%)	$17.01M (-4.2%)	3.0%	$411.46	—	COM NEW	482480100
UBER	UBER TECHNOLOGIES INC	99,484 (+9.7%)	$7.179M (+10.0%)	1.3%	$81.48	—	COM	90353T100
MSI	MOTOROLA SOLUTIONS INC	10,665 (+20.8%)	$4.429M (+15.6%)	0.8%	$456.38	—	COM NEW	620076307
AZN	ASTRAZENECA PLC	210,470 (+3.0%)	$39.91M (-1.0%)	7.1%	$190.37	—	ORD	G0593M107
CTAS	CINTAS CORP	33,036 (+6.2%)	$5.619M (+6.8%)	1.0%	$176.71	—	COM	172908105
CF	CF INDUSTRIES HOLD	91,365 (+20.9%)	$9.891M (+0.8%)	1.8%	$93.22	—	COM	125269100
GILD	GILEAD SCIENCES INC	49,485 (+9.6%)	$6.252M (-0.6%)	1.1%	$96.60	—	COM	375558103

Exited Positions (1)

KR KROGER CO 1.4%

Value $8.076M Shares 111,607 Est. Cost $62.57 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
KR	KROGER CO	111,607	$8.076M	1.4%	$62.57	—	—	501044101

Decreased Positions (10)

JNJ JOHNSON & JOHNSON 0.0%

Value $239K (-97.7%) Shares 943 (-97.8%) Est. Cost $170.74 Unrealized —

MSFT MICROSOFT CORP 2.5%

Value $13.77M (-26.4%) Shares 36,927 (-27.0%) Est. Cost $307.68 Unrealized —

NRG NRG ENERGY INC 0.0%

Value $208K (-95.9%) Shares 1,421 (-95.9%) Est. Cost $83.50 Unrealized —

NEM NEWMONT CORP 1.2%

Value $6.756M (-28.4%) Shares 72,334 (-17.0%) Est. Cost $71.72 Unrealized —

HSY HERSHEY CO 1.3%

Value $7.444M (-26.3%) Shares 42,426 (-12.7%) Est. Cost $204.74 Unrealized —

GE GE AEROSPACE 1.6%

Value $8.778M (-16.5%) Shares 23,488 (-36.6%) Est. Cost $301.09 Unrealized —

AMGN AMGEN INC 2.0%

Value $11.28M (-10.5%) Shares 31,140 (-13.0%) Est. Cost $349.67 Unrealized —

LRCX LAM RESEARCH CORP 3.0%

Value $17.01M (-5.7%) Shares 39,262 (-53.5%) Est. Cost $107.06 Unrealized —

TTE TOTALENERGIES SE 0.2%

Value $1.341M (-19.4%) Shares 17,251 (-5.8%) Est. Cost $63.23 Unrealized —

CMI CUMMINS INC 0.0%

Value $261K (-8.1%) Shares 366 (-30.7%) Est. Cost $380.68 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JNJ	JOHNSON & JOHNSON	943 (-97.8%)	$239K (-97.7%)	0.0%	$170.74	—	COM	478160104
MSFT	MICROSOFT CORP	36,927 (-27.0%)	$13.77M (-26.4%)	2.5%	$307.68	—	COM	594918104
NRG	NRG ENERGY INC	1,421 (-95.9%)	$208K (-95.9%)	0.0%	$83.50	—	COM NEW	629377508
NEM	NEWMONT CORP	72,334 (-17.0%)	$6.756M (-28.4%)	1.2%	$71.72	—	COM	651639106
HSY	HERSHEY CO	42,426 (-12.7%)	$7.444M (-26.3%)	1.3%	$204.74	—	COM	427866108
GE	GE AEROSPACE	23,488 (-36.6%)	$8.778M (-16.5%)	1.6%	$301.09	—	COM NEW	369604301
AMGN	AMGEN INC	31,140 (-13.0%)	$11.28M (-10.5%)	2.0%	$349.67	—	COM	031162100
LRCX	LAM RESEARCH CORP	39,262 (-53.5%)	$17.01M (-5.7%)	3.0%	$107.06	—	COM NEW	512807306
TTE	TOTALENERGIES SE	17,251 (-5.8%)	$1.341M (-19.4%)	0.2%	$63.23	—	ACT	F92124100
CMI	CUMMINS INC	366 (-30.7%)	$261K (-8.1%)	0.0%	$380.68	—	COM	231021106

Unchanged Positions (7)

CME CME GROUP INC 2.4%

Value $13.25M Shares 60,001 Est. Cost $124.09 Unrealized —

MS MORGAN STANLEY 2.2%

Value $12.26M Shares 58,626 Est. Cost $132.33 Unrealized —

GS GOLDMAN SACHS GROUP INC 2.2%

Value $12.46M Shares 12,318 Est. Cost $813.35 Unrealized —

IVV ISHARES TR 1.8%

Value $10.26M Shares 13,700 Est. Cost $336.04 Unrealized —

JPM JPMORGAN CHASE & CO 1.3%

Value $7.357M Shares 22,476 Est. Cost $220.31 Unrealized —

CNQ CANADIAN NAT RES LTD MED TER 0.1%

Value $284K Shares 7,182 Est. Cost $30.26 Unrealized —

GOOG ALPHABET INC 0.1%

Value $309K Shares 875 Est. Cost $209.93 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CME	CME GROUP INC	60,001	$13.25M	2.4%	$124.09	—	COM	12572Q105
MS	MORGAN STANLEY	58,626	$12.26M	2.2%	$132.33	—	COM NEW	617446448
GS	GOLDMAN SACHS GROUP INC	12,318	$12.46M	2.2%	$813.35	—	COM	38141G104
IVV	ISHARES TR	13,700	$10.26M	1.8%	$336.04	—	CORE S&P500 ETF	464287200
JPM	JPMORGAN CHASE & CO	22,476	$7.357M	1.3%	$220.31	—	COM	46625H100
CNQ	CANADIAN NAT RES LTD MED TER	7,182	$284K	0.1%	$30.26	—	COM	136385101
GOOG	ALPHABET INC	875	$309K	0.1%	$209.93	—	CAP STK CL C	02079K107