Capital International, Inc./CA/ Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AZN	ASTRAZENECA PLC	2,009,997	$392,722	3.0%	$190.39	0.0%	ORD	G0593M107
AMCR	AMCOR PLC	847,423	$33,685	0.3%	$45.83	0.0%	COM NEW	G0250X149
QGEN	QIAGEN NV	449,833	$18,011	0.1%	$50.32	0.0%	ORD SHARES	N72482156
CDNS	CADENCE DESIGN SYSTEM INC	32,687	$9,083	0.1%	$303.32	0.0%	COM	127387108
WDC	WESTERN DIGITAL CORP	30,083	$8,137	0.1%	$251.23	0.0%	COM	958102105
IDXX	IDEXX LABS INC	13,507	$7,589	0.1%	$670.28	0.0%	COM	45168D104
LYB	LYONDELLBASELL INDUSTRIES NV	72,538	$5,844	0.0%	$52.41	0.0%	SHS - A -	N53745100
HBAN	HUNTINGTON BANCSHARES INC	311,247	$4,871	0.0%	$17.89	0.0%	COM	446150104
OKE	ONEOK INC NEW	46,081	$4,165	0.0%	$78.53	0.0%	COM	682680103
VNET	VNET GROUP INC	359,795	$3,019	0.0%	$8.39	—	SPONSORED ADS A	90138A103
WLK	WESTLAKE CORPORATION	21,359	$2,495	0.0%	$89.28	0.0%	COM	960413102
CX	CEMEX SA EURO MTN BE 144A	209,396	$2,395	0.0%	$11.44	—	SPON ADR NEW	151290889
APP	APPLOVIN CORP	6,014	$2,394	0.0%	$507.11	0.0%	COM CL A	03831W108
AKAM	AKAMAI TECHNOLOGIES INC	17,385	$1,997	0.0%	$95.71	0.0%	COM	00971T101
CR	CRANE COMPANY	9,454	$1,617	0.0%	$198.22	0.0%	COMMON STOCK	224408104
BP	BP PLC	19,100	$898	0.0%	$47.00	—	SPONSORED ADR	055622104
STT	STATE STR CORP	6,118	$774	0.0%	$130.26	0.0%	COM	857477103
SSL	SASOL LTD	58,911	$763	0.0%	$12.96	—	SPONSORED ADR	803866300
EQT	EQT CORP	11,699	$745	0.0%	$55.27	0.0%	COM	26884L109
MRK	MERCK & CO INC	6,008	$723	0.0%	$114.28	0.0%	COM	58933Y105
BIP	BROOKFIELD INFRASTRUCTURE PA	11,160	$403	0.0%	$36.08	—	LP INT UNIT	G16252101
TAP	MOLSON COORS BEVERAGE CO	8,242	$355	0.0%	$49.48	0.0%	CL B	60871R209
IFF	INTERNATIONAL FLAVORS&FRAGRA	4,764	$346	0.0%	$74.10	0.0%	COM	459506101
BR	BROADRIDGE FINL SOLUTIONS IN	2,016	$328	0.0%	$197.71	0.0%	COM	11133T103

Increased Positions (169)

TTE TOTALENERGIES SE 2.6%

Value ($000) $343,624 (+99.9%) Shares 3,723,180 (+41.4%) Est. Cost $65.66 Unrealized +8.9%

MSFT MICROSOFT CORP 4.0%

Value ($000) $512,739 (-19.0%) Shares 1,385,144 (+5.8%) Est. Cost $306.98 Unrealized +41.6%

PBR PETROLEO BRASILEIRO S A 0.6%

Value ($000) $81,905 (+255.8%) Shares 3,947,252 (+103.2%) Est. Cost $16.53 Unrealized —

CVE CENOVUS ENERGY INC 1.0%

Value ($000) $131,907 (+72.3%) Shares 4,970,924 (+9.8%) Est. Cost $16.65 Unrealized +17.7%

NOC NORTHROP GRUMMAN CORP 1.1%

Value ($000) $144,330 (+37.4%) Shares 211,553 (+14.8%) Est. Cost $496.56 Unrealized +35.7%

RTX RTX CORPORATION 1.0%

Value ($000) $135,164 (+40.7%) Shares 700,695 (+33.8%) Est. Cost $135.05 Unrealized +45.6%

PM PHILIP MORRIS INTL INC 2.4%

Value ($000) $316,470 (+12.7%) Shares 1,914,057 (+9.3%) Est. Cost $109.23 Unrealized +61.0%

DE DEERE & CO 0.7%

Value ($000) $84,779 (+62.9%) Shares 150,505 (+34.7%) Est. Cost $477.78 Unrealized +15.4%

WPM WHEATON PRECIOUS METALS CORP 0.5%

Value ($000) $62,736 (+102.1%) Shares 478,754 (+81.3%) Est. Cost $103.35 Unrealized +35.3%

COP CONOCOPHILLIPS 0.8%

Value ($000) $99,299 (+46.2%) Shares 752,265 (+3.7%) Est. Cost $79.80 Unrealized +28.6%

CAT CATERPILLAR INC 0.6%

Value ($000) $76,801 (+58.4%) Shares 108,406 (+28.1%) Est. Cost $409.45 Unrealized +67.1%

XOM EXXON MOBIL CORP 0.5%

Value ($000) $69,438 (+68.8%) Shares 409,279 (+19.8%) Est. Cost $109.77 Unrealized +26.4%

GEV GE VERNOVA INC 0.3%

Value ($000) $44,945 (+142.3%) Shares 51,489 (+81.4%) Est. Cost $468.24 Unrealized +57.4%

WELL WELLTOWER INC 1.3%

Value ($000) $162,666 (+17.7%) Shares 822,750 (+10.5%) Est. Cost $126.81 Unrealized +47.4%

ABBV ABBVIE INC 0.7%

Value ($000) $93,614 (+34.9%) Shares 430,429 (+41.7%) Est. Cost $188.03 Unrealized +18.4%

BTI BRITISH AMERN TOB PLC 0.7%

Value ($000) $93,894 (+32.3%) Shares 1,605,846 (+28.1%) Est. Cost $49.14 Unrealized —

APH AMPHENOL CORP 0.5%

Value ($000) $65,106 (+53.9%) Shares 515,281 (+64.6%) Est. Cost $129.18 Unrealized +13.3%

CVX CHEVRON CORPORATION 0.2%

Value ($000) $30,761 (+241.5%) Shares 148,674 (+151.6%) Est. Cost $162.34 Unrealized +5.9%

GLOB GLOBANT S A 0.2%

Value ($000) $24,784 (+698.4%) Shares 537,491 (+1031.9%) Est. Cost $67.80 Unrealized -11.0%

HTHT H WORLD GROUP LTD 0.5%

Value ($000) $60,411 (+52.8%) Shares 1,201,247 (+43.0%) Est. Cost $46.63 Unrealized —

RPRX ROYALTY PHARMA PLC 0.4%

Value ($000) $49,116 (+72.0%) Shares 1,023,880 (+38.5%) Est. Cost $36.02 Unrealized +17.4%

LIN LINDE PLC 0.6%

Value ($000) $74,010 (+37.9%) Shares 149,285 (+18.6%) Est. Cost $392.24 Unrealized +17.3%

COST COSTCO WHOLESALE CORPORATION 0.6%

Value ($000) $72,555 (+38.9%) Shares 72,815 (+20.2%) Est. Cost $624.72 Unrealized +54.3%

EOG EOG RES INC 0.3%

Value ($000) $40,415 (+100.5%) Shares 279,552 (+45.6%) Est. Cost $108.64 Unrealized +3.2%

GOOGL ALPHABET INC 1.6%

Value ($000) $210,240 (+10.4%) Shares 731,118 (+20.1%) Est. Cost $175.52 Unrealized +84.2%

APD AIR PRODUCTS AND CHEMICALS I 0.5%

Value ($000) $64,944 (+41.9%) Shares 223,566 (+20.7%) Est. Cost $276.33 Unrealized -1.8%

V VISA INC 1.2%

Value ($000) $161,041 (-10.4%) Shares 532,826 (+3.9%) Est. Cost $243.33 Unrealized +35.3%

CTVA CORTEVA INC 0.3%

Value ($000) $35,828 (+105.6%) Shares 428,001 (+64.6%) Est. Cost $63.93 Unrealized +13.8%

PSA PUBLIC STORAGE OPER CO 0.3%

Value ($000) $41,997 (+77.8%) Shares 155,039 (+70.3%) Est. Cost $269.51 Unrealized -4.1%

TFC TRUIST FINL CORP 0.7%

Value ($000) $86,820 (+23.1%) Shares 1,888,621 (+31.8%) Est. Cost $41.43 Unrealized +23.4%

NTR NUTRIEN LTD 0.4%

Value ($000) $54,798 (+37.5%) Shares 725,921 (+12.4%) Est. Cost $53.45 Unrealized +27.4%

CNP CENTERPOINT ENERGY INC 0.2%

Value ($000) $29,886 (+95.3%) Shares 692,437 (+73.5%) Est. Cost $31.32 Unrealized +27.7%

JPM JPMORGAN CHASE & CO 1.4%

Value ($000) $175,218 (-7.7%) Shares 595,657 (+1.2%) Est. Cost $161.29 Unrealized +93.1%

EWBC EAST WEST BANCORP INC 0.2%

Value ($000) $19,673 (+189.6%) Shares 184,271 (+204.9%) Est. Cost $93.54 Unrealized +24.2%

T AT&T INC 0.1%

Value ($000) $15,016 (+537.5%) Shares 517,959 (+446.3%) Est. Cost $25.47 Unrealized +1.1%

FE FIRSTENERGY CORP 0.3%

Value ($000) $39,886 (+42.9%) Shares 787,321 (+26.3%) Est. Cost $41.37 Unrealized +13.8%

RYAAY RYANAIR HOLDINGS PLC 0.7%

Value ($000) $86,340 (-12.1%) Shares 1,493,767 (+9.8%) Est. Cost $66.48 Unrealized —

LHX L3HARRIS TECHNOLOGIES INC 0.4%

Value ($000) $49,147 (+31.2%) Shares 142,392 (+11.6%) Est. Cost $236.41 Unrealized +45.1%

ATO ATMOS ENERGY CORP 0.5%

Value ($000) $60,147 (+23.9%) Shares 325,613 (+12.4%) Est. Cost $135.54 Unrealized +26.5%

CME CME GROUP INC 0.3%

Value ($000) $35,446 (+46.3%) Shares 120,014 (+35.3%) Est. Cost $224.26 Unrealized +29.0%

SBUX STARBUCKS CORP 0.6%

Value ($000) $73,012 (+17.9%) Shares 814,954 (+10.8%) Est. Cost $88.45 Unrealized +5.8%

KKR KKR & CO INC 0.4%

Value ($000) $55,185 (-16.6%) Shares 596,593 (+14.9%) Est. Cost $95.55 Unrealized +20.1%

DIS DISNEY WALT CO 0.1%

Value ($000) $13,479 (+368.2%) Shares 139,857 (+452.7%) Est. Cost $108.41 Unrealized +1.0%

GILD GILEAD SCIENCES INC 0.4%

Value ($000) $49,610 (+25.1%) Shares 355,956 (+10.2%) Est. Cost $90.37 Unrealized +53.1%

GE GE AEROSPACE 1.1%

Value ($000) $148,116 (-6.1%) Shares 521,957 (+2.0%) Est. Cost $128.20 Unrealized +148.2%

META META PLATFORMS INC 2.4%

Value ($000) $309,210 (-2.9%) Shares 540,454 (+12.0%) Est. Cost $384.44 Unrealized +70.5%

EFX EQUIFAX INC 0.2%

Value ($000) $22,830 (+62.8%) Shares 126,783 (+96.2%) Est. Cost $216.78 Unrealized -5.7%

JNJ JOHNSON & JOHNSON 0.3%

Value ($000) $38,332 (+29.7%) Shares 156,815 (+9.8%) Est. Cost $194.09 Unrealized +17.4%

BKNG BOOKING HOLDINGS INC 0.3%

Value ($000) $35,750 (+31.8%) Shares 8,491 (+67.7%) Est. Cost $3599.76 Unrealized +32.8%

VRSK VERISK ANALYTICS INC 0.2%

Value ($000) $25,469 (+50.9%) Shares 134,226 (+77.9%) Est. Cost $215.86 Unrealized -5.6%

NVDA NVIDIA CORPORATION 2.6%

Value ($000) $334,888 (+2.3%) Shares 1,920,227 (+9.4%) Est. Cost $123.12 Unrealized +51.6%

CPNG COUPANG INC 0.3%

Value ($000) $39,143 (-16.1%) Shares 2,073,242 (+4.8%) Est. Cost $22.50 Unrealized -11.7%

AMZN AMAZON COM INC 1.4%

Value ($000) $180,771 (-3.9%) Shares 867,963 (+6.5%) Est. Cost $187.98 Unrealized +20.7%

MDLZ MONDELEZ INTL INC 0.6%

Value ($000) $72,078 (+11.3%) Shares 1,250,478 (+3.9%) Est. Cost $59.96 Unrealized -3.0%

CHD CHURCH & DWIGHT CO INC 0.2%

Value ($000) $30,873 (+29.2%) Shares 330,831 (+16.1%) Est. Cost $89.39 Unrealized +6.1%

RBLX ROBLOX CORP 0.1%

Value ($000) $18,615 (-27.0%) Shares 329,115 (+4.6%) Est. Cost $85.49 Unrealized -16.1%

EXC EXELON CORP 0.2%

Value ($000) $24,425 (+38.0%) Shares 498,256 (+22.7%) Est. Cost $45.29 Unrealized -0.3%

ETR ENTERGY CORP NEW 0.1%

Value ($000) $16,597 (+67.7%) Shares 147,714 (+38.0%) Est. Cost $76.54 Unrealized +27.2%

DHI D R HORTON INC 0.3%

Value ($000) $34,744 (+23.7%) Shares 253,202 (+29.9%) Est. Cost $145.35 Unrealized +7.3%

TXRH TEXAS ROADHOUSE INC 0.1%

Value ($000) $9,479 (+183.3%) Shares 57,402 (+184.8%) Est. Cost $181.23 Unrealized +1.8%

PG PROCTER & GAMBLE CO 0.2%

Value ($000) $23,506 (+34.8%) Shares 162,742 (+33.7%) Est. Cost $152.08 Unrealized -0.2%

YUM YUM BRANDS INC 0.5%

Value ($000) $69,667 (+9.4%) Shares 448,077 (+6.5%) Est. Cost $125.06 Unrealized +25.8%

BG BUNGE GLOBAL SA 0.1%

Value ($000) $17,630 (+49.5%) Shares 138,602 (+4.7%) Est. Cost $90.09 Unrealized +24.4%

SPGI S&P GLOBAL INC 0.3%

Value ($000) $42,691 (+15.5%) Shares 100,370 (+41.9%) Est. Cost $457.69 Unrealized +6.0%

QSR RESTAURANT BRANDS INTL INC 0.2%

Value ($000) $21,793 (+33.5%) Shares 294,896 (+23.3%) Est. Cost $64.81 Unrealized +5.5%

KO COCA COLA CO 0.3%

Value ($000) $45,090 (+13.8%) Shares 592,904 (+4.6%) Est. Cost $66.81 Unrealized +11.9%

KEYS KEYSIGHT TECHNOLOGIES INC 0.1%

Value ($000) $10,495 (+108.1%) Shares 37,166 (+49.8%) Est. Cost $181.61 Unrealized +25.7%

HPE HEWLETT PACKARD ENTERPRISE C 0.1%

Value ($000) $11,650 (+85.0%) Shares 489,278 (+86.6%) Est. Cost $22.80 Unrealized -3.2%

DTE DTE ENERGY CO 0.2%

Value ($000) $20,458 (+34.1%) Shares 139,915 (+18.3%) Est. Cost $129.37 Unrealized +5.7%

RGLD ROYAL GOLD INC 0.1%

Value ($000) $13,542 (+61.3%) Shares 53,212 (+40.9%) Est. Cost $203.72 Unrealized +32.5%

NI NISOURCE INC 0.3%

Value ($000) $43,117 (+13.3%) Shares 924,067 (+1.4%) Est. Cost $34.95 Unrealized +25.9%

DRI DARDEN RESTAURANTS INC 0.3%

Value ($000) $33,077 (+17.4%) Shares 168,725 (+10.2%) Est. Cost $169.70 Unrealized +22.2%

TBBB BBB FOODS INC 0.3%

Value ($000) $38,945 (+14.1%) Shares 1,101,085 (+7.7%) Est. Cost $23.24 Unrealized +53.2%

AMAT APPLIED MATLS INC 0.1%

Value ($000) $14,658 (+47.1%) Shares 42,887 (+10.6%) Est. Cost $170.50 Unrealized +91.5%

BX BLACKSTONE INC 0.2%

Value ($000) $22,417 (+25.4%) Shares 194,948 (+68.1%) Est. Cost $116.67 Unrealized +20.7%

APO APOLLO GLOBAL MGMT INC 0.2%

Value ($000) $22,304 (-16.3%) Shares 200,177 (+8.7%) Est. Cost $120.06 Unrealized +11.1%

CMCSA COMCAST CORP NEW 0.4%

Value ($000) $54,848 (+8.5%) Shares 1,910,429 (+13.0%) Est. Cost $35.36 Unrealized -15.7%

MO ALTRIA GROUP INC 0.2%

Value ($000) $20,710 (+24.3%) Shares 313,833 (+8.6%) Est. Cost $44.79 Unrealized +40.7%

CVS CVS HEALTH CORP 0.5%

Value ($000) $65,041 (-5.5%) Shares 905,614 (+4.4%) Est. Cost $64.61 Unrealized +20.7%

WMT WALMART INC 0.1%

Value ($000) $16,537 (+29.5%) Shares 133,062 (+16.1%) Est. Cost $107.47 Unrealized +13.6%

AEM AGNICO EAGLE MINES LTD 0.1%

Value ($000) $18,686 (+24.6%) Shares 92,145 (+4.3%) Est. Cost $151.45 Unrealized +36.0%

SAP SAP SE 0.1%

Value ($000) $17,945 (+25.8%) Shares 104,811 (+78.6%) Est. Cost $187.63 Unrealized —

TJX TJX COS INC NEW 0.3%

Value ($000) $33,755 (+12.2%) Shares 211,364 (+7.9%) Est. Cost $119.37 Unrealized +29.2%

WFC WELLS FARGO & CO 0.2%

Value ($000) $29,919 (-10.7%) Shares 375,815 (+4.5%) Est. Cost $62.88 Unrealized +43.2%

AAPL APPLE INC 2.1%

Value ($000) $275,554 (-1.3%) Shares 1,085,757 (+5.8%) Est. Cost $179.05 Unrealized +46.8%

BURL BURLINGTON STORES INC 0.2%

Value ($000) $24,378 (+16.5%) Shares 74,922 (+3.4%) Est. Cost $187.84 Unrealized +61.9%

KDP KEURIG DR PEPPER INC 0.3%

Value ($000) $41,952 (+9.0%) Shares 1,593,321 (+15.9%) Est. Cost $30.09 Unrealized -5.9%

UNP UNION PAC CORP 0.4%

Value ($000) $46,588 (+8.0%) Shares 192,019 (+3.0%) Est. Cost $216.24 Unrealized +12.5%

WSO WATSCO INC 0.2%

Value ($000) $23,119 (+17.4%) Shares 63,551 (+8.7%) Est. Cost $380.17 Unrealized +3.2%

G GENPACT LIMITED 0.1%

Value ($000) $13,779 (-17.7%) Shares 369,902 (+3.4%) Est. Cost $39.08 Unrealized +9.0%

EPAM EPAM SYS INC 0.0%

Value ($000) $5,462 (+108.0%) Shares 40,339 (+214.7%) Est. Cost $198.64 Unrealized -4.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $5,702 (+93.0%) Shares 11,900 (+102.4%) Est. Cost $499.55 Unrealized -1.2%

PGR PROGRESSIVE CORP 0.3%

Value ($000) $40,941 (-6.3%) Shares 206,524 (+7.7%) Est. Cost $196.07 Unrealized +5.4%

NET CLOUDFLARE INC 0.2%

Value ($000) $27,468 (+10.9%) Shares 133,119 (+6.0%) Est. Cost $97.32 Unrealized +87.4%

HAL HALLIBURTON CO 0.1%

Value ($000) $7,889 (+49.8%) Shares 202,332 (+8.6%) Est. Cost $29.72 Unrealized +12.9%

PAYX PAYCHEX INC 0.4%

Value ($000) $48,193 (+5.3%) Shares 523,157 (+28.2%) Est. Cost $117.51 Unrealized -13.2%

CMG CHIPOTLE MEXICAN GRILL INC 0.1%

Value ($000) $18,849 (-11.1%) Shares 588,848 (+2.8%) Est. Cost $47.92 Unrealized -19.0%

BAC BANK AMERICA CORP 1.1%

Value ($000) $140,615 (+1.7%) Shares 2,884,403 (+14.7%) Est. Cost $46.16 Unrealized +16.3%

ARES ARES MANAGEMENT CORPORATION 0.0%

Value ($000) $6,061 (-26.7%) Shares 55,551 (+8.5%) Est. Cost $43.33 Unrealized +243.0%

HEI HEICO CORP NEW 0.1%

Value ($000) $18,000 (-10.7%) Shares 65,646 (+5.4%) Est. Cost $229.49 Unrealized +47.7%

CEG CONSTELLATION ENERGY CORP 0.7%

Value ($000) $92,961 (-2.3%) Shares 332,894 (+23.6%) Est. Cost $194.39 Unrealized +54.9%

VTR VENTAS INC 0.1%

Value ($000) $10,521 (+24.9%) Shares 128,652 (+18.1%) Est. Cost $75.34 Unrealized +2.6%

MTD METTLER TOLEDO INTERNATIONAL 0.2%

Value ($000) $29,449 (-6.4%) Shares 23,350 (+3.5%) Est. Cost $1330.62 Unrealized +6.2%

TMUS T-MOBILE US INC 0.1%

Value ($000) $15,672 (+14.2%) Shares 74,618 (+10.4%) Est. Cost $212.91 Unrealized -5.9%

PEG PUBLIC SVC ENTERPRISE GROUP 0.1%

Value ($000) $8,896 (+27.9%) Shares 109,890 (+26.9%) Est. Cost $72.56 Unrealized +12.4%

MRSH MARSH & MCLENNAN COS INC 1.0%

Value ($000) $128,640 (+1.5%) Shares 741,655 (+8.6%) Est. Cost $178.30 Unrealized +1.7%

ZBH ZIMMER BIOMET HOLDINGS INC 0.1%

Value ($000) $15,165 (+14.3%) Shares 167,717 (+13.6%) Est. Cost $96.08 Unrealized -4.6%

CSX CSX CORP 0.1%

Value ($000) $6,681 (+38.1%) Shares 162,743 (+21.9%) Est. Cost $36.21 Unrealized +6.4%

HD HOME DEPOT INC 0.4%

Value ($000) $53,546 (+3.5%) Shares 162,808 (+8.3%) Est. Cost $329.77 Unrealized +14.3%

TSCO TRACTOR SUPPLY CO 0.2%

Value ($000) $20,621 (-7.8%) Shares 455,201 (+1.8%) Est. Cost $53.24 Unrealized -1.0%

JCI JOHNSON CONTROLS INTERNATION 0.1%

Value ($000) $10,944 (+18.8%) Shares 83,576 (+8.6%) Est. Cost $85.02 Unrealized +48.3%

PFE PFIZER INC 0.1%

Value ($000) $10,510 (+19.5%) Shares 374,286 (+6.0%) Est. Cost $27.94 Unrealized -6.3%

— BOEING CO 0.2%

Value ($000) $20,541 (+8.9%) Shares 316,595 (+16.0%) Est. Cost $65.63 Unrealized —

MCK MCKESSON CORP 0.0%

Value ($000) $4,567 (+54.4%) Shares 5,277 (+46.3%) Est. Cost $834.54 Unrealized +4.9%

FICO FAIR ISAAC CORP 0.1%

Value ($000) $7,165 (-17.6%) Shares 6,712 (+30.5%) Est. Cost $1498.57 Unrealized -2.1%

SHOP SHOPIFY INC 0.7%

Value ($000) $93,159 (-1.6%) Shares 785,358 (+33.5%) Est. Cost $81.08 Unrealized +68.3%

— KKR & CO INC 0.1%

Value ($000) $15,596 (+10.4%) Shares 387,755 (+42.3%) Est. Cost $48.19 Unrealized —

HLT HILTON WORLDWIDE HLDGS INC 0.1%

Value ($000) $11,035 (+14.7%) Shares 36,289 (+8.3%) Est. Cost $133.49 Unrealized +128.5%

DHR DANAHER CORP DEL 0.5%

Value ($000) $66,774 (+2.1%) Shares 352,183 (+23.2%) Est. Cost $179.43 Unrealized +25.2%

SPG SIMON PPTY GROUP INC NEW 0.1%

Value ($000) $15,341 (+9.4%) Shares 82,243 (+8.6%) Est. Cost $167.74 Unrealized +9.7%

ARM ARM HOLDINGS PLC 0.0%

Value ($000) $3,786 (+50.3%) Shares 25,026 (+8.6%) Est. Cost $115.40 Unrealized —

MDB MONGODB INC 0.0%

Value ($000) $2,148 (-37.1%) Shares 8,777 (+7.9%) Est. Cost $364.74 Unrealized +3.1%

WM WASTE MGMT INC DEL 0.0%

Value ($000) $6,060 (+26.3%) Shares 26,371 (+20.8%) Est. Cost $221.35 Unrealized +2.1%

BA BOEING CO 0.4%

Value ($000) $47,471 (-2.5%) Shares 238,513 (+6.3%) Est. Cost $192.52 Unrealized +23.9%

NVO NOVO-NORDISK A S 0.0%

Value ($000) $5,712 (+27.7%) Shares 155,415 (+76.7%) Est. Cost $54.84 Unrealized —

EQH EQUITABLE HLDGS INC 0.0%

Value ($000) $6,045 (+24.5%) Shares 162,884 (+59.8%) Est. Cost $46.64 Unrealized -2.2%

CAH CARDINAL HEALTH INC 0.0%

Value ($000) $3,136 (+54.1%) Shares 14,843 (+49.9%) Est. Cost $196.91 Unrealized +9.3%

MA MASTERCARD INCORPORATED 1.0%

Value ($000) $134,778 (-0.8%) Shares 269,740 (+13.3%) Est. Cost $413.28 Unrealized +30.4%

— SOUTHERN CO 0.1%

Value ($000) $10,491 (+10.8%) Shares 204,103 (+8.6%) Est. Cost $50.44 Unrealized —

WCN WASTE CONNECTIONS INC 0.2%

Value ($000) $29,297 (+3.6%) Shares 180,355 (+11.9%) Est. Cost $157.63 Unrealized +6.2%

ITT ITT INC 0.1%

Value ($000) $7,418 (+15.7%) Shares 38,931 (+5.4%) Est. Cost $146.90 Unrealized +29.7%

HEI/A HEICO CORP NEW 0.1%

Value ($000) $9,292 (-8.6%) Shares 44,018 (+9.4%) Est. Cost $157.27 Unrealized +65.0%

ADBE ADOBE INC 0.0%

Value ($000) $4,748 (-14.6%) Shares 19,531 (+23.0%) Est. Cost $380.49 Unrealized -23.8%

RELX RELX PLC 0.0%

Value ($000) $5,683 (+15.6%) Shares 171,423 (+40.9%) Est. Cost $38.31 Unrealized —

DAL DELTA AIR LINES INC 0.3%

Value ($000) $37,228 (+2.0%) Shares 559,990 (+6.5%) Est. Cost $46.84 Unrealized +49.1%

AON AON PLC 0.2%

Value ($000) $31,928 (+2.3%) Shares 98,915 (+11.8%) Est. Cost $266.56 Unrealized +26.1%

CHTR CHARTER COMMUNICATIONS INC 0.0%

Value ($000) $1,179 (+139.3%) Shares 5,462 (+131.4%) Est. Cost $284.42 Unrealized -24.9%

TT TRANE TECHNOLOGIES PLC 0.0%

Value ($000) $5,098 (+14.8%) Shares 12,233 (+7.3%) Est. Cost $414.17 Unrealized +1.9%

BRO BROWN & BROWN INC 0.0%

Value ($000) $4,519 (-12.6%) Shares 69,297 (+6.8%) Est. Cost $82.78 Unrealized -10.4%

TPG TPG INC 0.0%

Value ($000) $1,274 (+97.5%) Shares 31,455 (+211.2%) Est. Cost $57.29 Unrealized -0.1%

GM GENERAL MTRS CO 0.1%

Value ($000) $11,499 (+5.8%) Shares 154,345 (+15.4%) Est. Cost $55.64 Unrealized +47.8%

ELV ELEVANCE HEALTH INC FORMERLY 0.0%

Value ($000) $6,018 (-9.3%) Shares 20,557 (+8.6%) Est. Cost $360.87 Unrealized -2.6%

— APOLLO GLOBAL MGMT INC 0.0%

Value ($000) $2,988 (-15.9%) Shares 51,120 (+8.6%) Est. Cost $71.45 Unrealized —

WYNN WYNN RESORTS LTD 0.1%

Value ($000) $7,410 (-6.8%) Shares 72,967 (+10.4%) Est. Cost $101.67 Unrealized +12.3%

MCD MCDONALDS CORP 0.1%

Value ($000) $10,724 (+5.1%) Shares 34,507 (+3.4%) Est. Cost $272.91 Unrealized +16.2%

SOBO SOUTH BOW CORP 0.0%

Value ($000) $1,362 (+57.3%) Shares 40,959 (+30.1%) Est. Cost $24.51 Unrealized +16.2%

TOL TOLL BROTHERS INC 0.0%

Value ($000) $5,520 (+9.6%) Shares 40,452 (+8.6%) Est. Cost $132.07 Unrealized +13.5%

ASND ASCENDIS PHARMA A/S 0.0%

Value ($000) $2,377 (+23.0%) Shares 10,393 (+14.6%) Est. Cost $156.19 Unrealized —

ADI ANALOG DEVICES INC 0.0%

Value ($000) $792 (+119.2%) Shares 2,491 (+86.9%) Est. Cost $241.03 Unrealized +31.2%

FUL FULLER H B CO 0.0%

Value ($000) $3,624 (+12.7%) Shares 58,752 (+8.6%) Est. Cost $63.83 Unrealized -0.7%

SONY SONY GROUP CORP 0.0%

Value ($000) $2,756 (-12.2%) Shares 133,153 (+8.6%) Est. Cost $28.35 Unrealized —

TEL TE CONNECTIVITY PLC 0.2%

Value ($000) $31,176 (-1.2%) Shares 149,151 (+7.6%) Est. Cost $196.03 Unrealized +17.2%

CG CARLYLE GROUP INC 0.1%

Value ($000) $7,774 (+4.9%) Shares 160,648 (+28.1%) Est. Cost $48.01 Unrealized +22.8%

LII LENNOX INTL INC 0.3%

Value ($000) $38,418 (-0.9%) Shares 82,775 (+3.7%) Est. Cost $504.86 Unrealized +4.3%

FITB FIFTH THIRD BANCORP 0.0%

Value ($000) $4,089 (+7.8%) Shares 88,004 (+8.6%) Est. Cost $36.50 Unrealized +40.5%

ICE INTERCONTINENTAL EXCHANGE IN 0.1%

Value ($000) $7,509 (+4.0%) Shares 47,742 (+7.1%) Est. Cost $154.44 Unrealized +6.8%

EXR EXTRA SPACE STORAGE INC 0.0%

Value ($000) $2,881 (+9.4%) Shares 21,972 (+8.6%) Est. Cost $138.28 Unrealized -5.3%

CRH CRH PLC 0.0%

Value ($000) $2,064 (-9.9%) Shares 19,639 (+7.0%) Est. Cost $95.04 Unrealized +30.8%

VRTX VERTEX PHARMACEUTICALS INC 0.6%

Value ($000) $72,216 (-0.2%) Shares 161,723 (+1.3%) Est. Cost $383.27 Unrealized +22.0%

CWST CASELLA WASTE SYS INC 0.0%

Value ($000) $3,570 (+4.2%) Shares 44,993 (+28.6%) Est. Cost $104.81 Unrealized -3.0%

SW SMURFIT WESTROCK PLC 0.0%

Value ($000) $432 (+43.3%) Shares 10,844 (+39.1%) Est. Cost $44.74 Unrealized -1.7%

CRSP CRISPR THERAPEUTICS AG 0.0%

Value ($000) $1,634 (-5.5%) Shares 34,340 (+4.1%) Est. Cost $70.10 Unrealized -23.7%

MSTR STRATEGY INC 0.0%

Value ($000) $556 (+15.5%) Shares 4,452 (+40.6%) Est. Cost $267.75 Unrealized -45.2%

URI UNITED RENTALS INC 0.1%

Value ($000) $6,618 (-0.9%) Shares 9,084 (+10.1%) Est. Cost $881.56 Unrealized +0.1%

SCHW SCHWAB CHARLES CORP 0.0%

Value ($000) $2,775 (+2.2%) Shares 29,528 (+8.6%) Est. Cost $95.16 Unrealized +5.2%

CSGP COSTAR GROUP INC 0.0%

Value ($000) $779 (+6.9%) Shares 19,323 (+78.1%) Est. Cost $67.45 Unrealized -15.6%

LOAR LOAR HOLDINGS INC 0.0%

Value ($000) $836 (+4.6%) Shares 14,590 (+24.1%) Est. Cost $72.13 Unrealized -4.5%

KHC KRAFT HEINZ CO 0.0%

Value ($000) $4,561 (+0.7%) Shares 202,799 (+8.6%) Est. Cost $26.68 Unrealized -10.3%

MTN VAIL RESORTS INC 0.1%

Value ($000) $9,753 (-0.1%) Shares 76,008 (+3.3%) Est. Cost $168.51 Unrealized -18.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TTE	TOTALENERGIES SE	3,723,180 (+41.4%)	$343,624 (+99.9%)	2.6%	$65.66	+8.9%	ACT	F92124100
MSFT	MICROSOFT CORP	1,385,144 (+5.8%)	$512,739 (-19.0%)	4.0%	$306.98	+41.6%	COM	594918104
PBR	PETROLEO BRASILEIRO S A	3,947,252 (+103.2%)	$81,905 (+255.8%)	0.6%	$16.53	—	SPONSORED ADR	71654V408
CVE	CENOVUS ENERGY INC	4,970,924 (+9.8%)	$131,907 (+72.3%)	1.0%	$16.65	+17.7%	COM	15135U109
NOC	NORTHROP GRUMMAN CORP	211,553 (+14.8%)	$144,330 (+37.4%)	1.1%	$496.56	+35.7%	COM	666807102
RTX	RTX CORPORATION	700,695 (+33.8%)	$135,164 (+40.7%)	1.0%	$135.05	+45.6%	COM	75513E101
PM	PHILIP MORRIS INTL INC	1,914,057 (+9.3%)	$316,470 (+12.7%)	2.4%	$109.23	+61.0%	COM	718172109
DE	DEERE & CO	150,505 (+34.7%)	$84,779 (+62.9%)	0.7%	$477.78	+15.4%	COM	244199105
WPM	WHEATON PRECIOUS METALS CORP	478,754 (+81.3%)	$62,736 (+102.1%)	0.5%	$103.35	+35.3%	COM	962879102
COP	CONOCOPHILLIPS	752,265 (+3.7%)	$99,299 (+46.2%)	0.8%	$79.80	+28.6%	COM	20825C104
CAT	CATERPILLAR INC	108,406 (+28.1%)	$76,801 (+58.4%)	0.6%	$409.45	+67.1%	COM	149123101
XOM	EXXON MOBIL CORP	409,279 (+19.8%)	$69,438 (+68.8%)	0.5%	$109.77	+26.4%	COM	30231G102
GEV	GE VERNOVA INC	51,489 (+81.4%)	$44,945 (+142.3%)	0.3%	$468.24	+57.4%	COM	36828A101
WELL	WELLTOWER INC	822,750 (+10.5%)	$162,666 (+17.7%)	1.3%	$126.81	+47.4%	COM	95040Q104
ABBV	ABBVIE INC	430,429 (+41.7%)	$93,614 (+34.9%)	0.7%	$188.03	+18.4%	COM	00287Y109
BTI	BRITISH AMERN TOB PLC	1,605,846 (+28.1%)	$93,894 (+32.3%)	0.7%	$49.14	—	SPONSORED ADR	110448107
APH	AMPHENOL CORP	515,281 (+64.6%)	$65,106 (+53.9%)	0.5%	$129.18	+13.3%	CL A	032095101
CVX	CHEVRON CORPORATION	148,674 (+151.6%)	$30,761 (+241.5%)	0.2%	$162.34	+5.9%	COM	166764100
GLOB	GLOBANT S A	537,491 (+1031.9%)	$24,784 (+698.4%)	0.2%	$67.80	-11.0%	COM	L44385109
HTHT	H WORLD GROUP LTD	1,201,247 (+43.0%)	$60,411 (+52.8%)	0.5%	$46.63	—	SPONSORED ADS	44332N106
RPRX	ROYALTY PHARMA PLC	1,023,880 (+38.5%)	$49,116 (+72.0%)	0.4%	$36.02	+17.4%	SHS CLASS A	G7709Q104
LIN	LINDE PLC	149,285 (+18.6%)	$74,010 (+37.9%)	0.6%	$392.24	+17.3%	SHS	G54950103
COST	COSTCO WHOLESALE CORPORATION	72,815 (+20.2%)	$72,555 (+38.9%)	0.6%	$624.72	+54.3%	COM	22160K105
EOG	EOG RES INC	279,552 (+45.6%)	$40,415 (+100.5%)	0.3%	$108.64	+3.2%	COM	26875P101
GOOGL	ALPHABET INC	731,118 (+20.1%)	$210,240 (+10.4%)	1.6%	$175.52	+84.2%	CAP STK CL A	02079K305
APD	AIR PRODUCTS AND CHEMICALS I	223,566 (+20.7%)	$64,944 (+41.9%)	0.5%	$276.33	-1.8%	COM	009158106
V	VISA INC	532,826 (+3.9%)	$161,041 (-10.4%)	1.2%	$243.33	+35.3%	COM CL A	92826C839
CTVA	CORTEVA INC	428,001 (+64.6%)	$35,828 (+105.6%)	0.3%	$63.93	+13.8%	COM	22052L104
PSA	PUBLIC STORAGE OPER CO	155,039 (+70.3%)	$41,997 (+77.8%)	0.3%	$269.51	-4.1%	COM	74460D109
TFC	TRUIST FINL CORP	1,888,621 (+31.8%)	$86,820 (+23.1%)	0.7%	$41.43	+23.4%	COM	89832Q109
NTR	NUTRIEN LTD	725,921 (+12.4%)	$54,798 (+37.5%)	0.4%	$53.45	+27.4%	COM	67077M108
CNP	CENTERPOINT ENERGY INC	692,437 (+73.5%)	$29,886 (+95.3%)	0.2%	$31.32	+27.7%	COM	15189T107
JPM	JPMORGAN CHASE & CO	595,657 (+1.2%)	$175,218 (-7.7%)	1.4%	$161.29	+93.1%	COM	46625H100
EWBC	EAST WEST BANCORP INC	184,271 (+204.9%)	$19,673 (+189.6%)	0.2%	$93.54	+24.2%	COM	27579R104
T	AT&T INC	517,959 (+446.3%)	$15,016 (+537.5%)	0.1%	$25.47	+1.1%	COM	00206R102
FE	FIRSTENERGY CORP	787,321 (+26.3%)	$39,886 (+42.9%)	0.3%	$41.37	+13.8%	COM	337932107
RYAAY	RYANAIR HOLDINGS PLC	1,493,767 (+9.8%)	$86,340 (-12.1%)	0.7%	$66.48	—	SPONSORED ADR	783513203
LHX	L3HARRIS TECHNOLOGIES INC	142,392 (+11.6%)	$49,147 (+31.2%)	0.4%	$236.41	+45.1%	COM	502431109
ATO	ATMOS ENERGY CORP	325,613 (+12.4%)	$60,147 (+23.9%)	0.5%	$135.54	+26.5%	COM	049560105
CME	CME GROUP INC	120,014 (+35.3%)	$35,446 (+46.3%)	0.3%	$224.26	+29.0%	COM	12572Q105
SBUX	STARBUCKS CORP	814,954 (+10.8%)	$73,012 (+17.9%)	0.6%	$88.45	+5.8%	COM	855244109
KKR	KKR & CO INC	596,593 (+14.9%)	$55,185 (-16.6%)	0.4%	$95.55	+20.1%	COM	48251W104
DIS	DISNEY WALT CO	139,857 (+452.7%)	$13,479 (+368.2%)	0.1%	$108.41	+1.0%	COM	254687106
GILD	GILEAD SCIENCES INC	355,956 (+10.2%)	$49,610 (+25.1%)	0.4%	$90.37	+53.1%	COM	375558103
GE	GE AEROSPACE	521,957 (+2.0%)	$148,116 (-6.1%)	1.1%	$128.20	+148.2%	COM NEW	369604301
META	META PLATFORMS INC	540,454 (+12.0%)	$309,210 (-2.9%)	2.4%	$384.44	+70.5%	CL A	30303M102
EFX	EQUIFAX INC	126,783 (+96.2%)	$22,830 (+62.8%)	0.2%	$216.78	-5.7%	COM	294429105
JNJ	JOHNSON & JOHNSON	156,815 (+9.8%)	$38,332 (+29.7%)	0.3%	$194.09	+17.4%	COM	478160104
BKNG	BOOKING HOLDINGS INC	8,491 (+67.7%)	$35,750 (+31.8%)	0.3%	$3599.76	+32.8%	COM	09857L108
VRSK	VERISK ANALYTICS INC	134,226 (+77.9%)	$25,469 (+50.9%)	0.2%	$215.86	-5.6%	COM	92345Y106
NVDA	NVIDIA CORPORATION	1,920,227 (+9.4%)	$334,888 (+2.3%)	2.6%	$123.12	+51.6%	COM	67066G104
CPNG	COUPANG INC	2,073,242 (+4.8%)	$39,143 (-16.1%)	0.3%	$22.50	-11.7%	CL A	22266T109
AMZN	AMAZON COM INC	867,963 (+6.5%)	$180,771 (-3.9%)	1.4%	$187.98	+20.7%	COM	023135106
MDLZ	MONDELEZ INTL INC	1,250,478 (+3.9%)	$72,078 (+11.3%)	0.6%	$59.96	-3.0%	CL A	609207105
CHD	CHURCH & DWIGHT CO INC	330,831 (+16.1%)	$30,873 (+29.2%)	0.2%	$89.39	+6.1%	COM	171340102
RBLX	ROBLOX CORP	329,115 (+4.6%)	$18,615 (-27.0%)	0.1%	$85.49	-16.1%	CL A	771049103
EXC	EXELON CORP	498,256 (+22.7%)	$24,425 (+38.0%)	0.2%	$45.29	-0.3%	COM	30161N101
ETR	ENTERGY CORP NEW	147,714 (+38.0%)	$16,597 (+67.7%)	0.1%	$76.54	+27.2%	COM	29364G103
DHI	D R HORTON INC	253,202 (+29.9%)	$34,744 (+23.7%)	0.3%	$145.35	+7.3%	COM	23331A109
TXRH	TEXAS ROADHOUSE INC	57,402 (+184.8%)	$9,479 (+183.3%)	0.1%	$181.23	+1.8%	COM	882681109
PG	PROCTER & GAMBLE CO	162,742 (+33.7%)	$23,506 (+34.8%)	0.2%	$152.08	-0.2%	COM	742718109
YUM	YUM BRANDS INC	448,077 (+6.5%)	$69,667 (+9.4%)	0.5%	$125.06	+25.8%	COM	988498101
BG	BUNGE GLOBAL SA	138,602 (+4.7%)	$17,630 (+49.5%)	0.1%	$90.09	+24.4%	COM SHS	H11356104
SPGI	S&P GLOBAL INC	100,370 (+41.9%)	$42,691 (+15.5%)	0.3%	$457.69	+6.0%	COM	78409V104
QSR	RESTAURANT BRANDS INTL INC	294,896 (+23.3%)	$21,793 (+33.5%)	0.2%	$64.81	+5.5%	COM	76131D103
KO	COCA COLA CO	592,904 (+4.6%)	$45,090 (+13.8%)	0.3%	$66.81	+11.9%	COM	191216100
KEYS	KEYSIGHT TECHNOLOGIES INC	37,166 (+49.8%)	$10,495 (+108.1%)	0.1%	$181.61	+25.7%	COM	49338L103
HPE	HEWLETT PACKARD ENTERPRISE C	489,278 (+86.6%)	$11,650 (+85.0%)	0.1%	$22.80	-3.2%	COM	42824C109
DTE	DTE ENERGY CO	139,915 (+18.3%)	$20,458 (+34.1%)	0.2%	$129.37	+5.7%	COM	233331107
RGLD	ROYAL GOLD INC	53,212 (+40.9%)	$13,542 (+61.3%)	0.1%	$203.72	+32.5%	COM	780287108
NI	NISOURCE INC	924,067 (+1.4%)	$43,117 (+13.3%)	0.3%	$34.95	+25.9%	COM	65473P105
DRI	DARDEN RESTAURANTS INC	168,725 (+10.2%)	$33,077 (+17.4%)	0.3%	$169.70	+22.2%	COM	237194105
TBBB	BBB FOODS INC	1,101,085 (+7.7%)	$38,945 (+14.1%)	0.3%	$23.24	+53.2%	CL A COM	G0896C103
AMAT	APPLIED MATLS INC	42,887 (+10.6%)	$14,658 (+47.1%)	0.1%	$170.50	+91.5%	COM	038222105
BX	BLACKSTONE INC	194,948 (+68.1%)	$22,417 (+25.4%)	0.2%	$116.67	+20.7%	COM	09260D107
APO	APOLLO GLOBAL MGMT INC	200,177 (+8.7%)	$22,304 (-16.3%)	0.2%	$120.06	+11.1%	COM	03769M106
CMCSA	COMCAST CORP NEW	1,910,429 (+13.0%)	$54,848 (+8.5%)	0.4%	$35.36	-15.7%	CL A	20030N101
MO	ALTRIA GROUP INC	313,833 (+8.6%)	$20,710 (+24.3%)	0.2%	$44.79	+40.7%	COM	02209S103
CVS	CVS HEALTH CORP	905,614 (+4.4%)	$65,041 (-5.5%)	0.5%	$64.61	+20.7%	COM	126650100
WMT	WALMART INC	133,062 (+16.1%)	$16,537 (+29.5%)	0.1%	$107.47	+13.6%	COM	931142103
AEM	AGNICO EAGLE MINES LTD	92,145 (+4.3%)	$18,686 (+24.6%)	0.1%	$151.45	+36.0%	COM	008474108
SAP	SAP SE	104,811 (+78.6%)	$17,945 (+25.8%)	0.1%	$187.63	—	SPON ADR	803054204
TJX	TJX COS INC NEW	211,364 (+7.9%)	$33,755 (+12.2%)	0.3%	$119.37	+29.2%	COM	872540109
WFC	WELLS FARGO & CO	375,815 (+4.5%)	$29,919 (-10.7%)	0.2%	$62.88	+43.2%	COM	949746101
AAPL	APPLE INC	1,085,757 (+5.8%)	$275,554 (-1.3%)	2.1%	$179.05	+46.8%	COM	037833100
BURL	BURLINGTON STORES INC	74,922 (+3.4%)	$24,378 (+16.5%)	0.2%	$187.84	+61.9%	COM	122017106
KDP	KEURIG DR PEPPER INC	1,593,321 (+15.9%)	$41,952 (+9.0%)	0.3%	$30.09	-5.9%	COM	49271V100
UNP	UNION PAC CORP	192,019 (+3.0%)	$46,588 (+8.0%)	0.4%	$216.24	+12.5%	COM	907818108
WSO	WATSCO INC	63,551 (+8.7%)	$23,119 (+17.4%)	0.2%	$380.17	+3.2%	COM	942622200
G	GENPACT LIMITED	369,902 (+3.4%)	$13,779 (-17.7%)	0.1%	$39.08	+9.0%	SHS	G3922B107
EPAM	EPAM SYS INC	40,339 (+214.7%)	$5,462 (+108.0%)	0.0%	$198.64	-4.0%	COM	29414B104
BRK/B	BERKSHIRE HATHAWAY INC DEL	11,900 (+102.4%)	$5,702 (+93.0%)	0.0%	$499.55	-1.2%	CL B NEW	084670702
PGR	PROGRESSIVE CORP	206,524 (+7.7%)	$40,941 (-6.3%)	0.3%	$196.07	+5.4%	COM	743315103
NET	CLOUDFLARE INC	133,119 (+6.0%)	$27,468 (+10.9%)	0.2%	$97.32	+87.4%	CL A COM	18915M107
HAL	HALLIBURTON CO	202,332 (+8.6%)	$7,889 (+49.8%)	0.1%	$29.72	+12.9%	COM	406216101
PAYX	PAYCHEX INC	523,157 (+28.2%)	$48,193 (+5.3%)	0.4%	$117.51	-13.2%	COM	704326107
CMG	CHIPOTLE MEXICAN GRILL INC	588,848 (+2.8%)	$18,849 (-11.1%)	0.1%	$47.92	-19.0%	COM	169656105
BAC	BANK AMERICA CORP	2,884,403 (+14.7%)	$140,615 (+1.7%)	1.1%	$46.16	+16.3%	COM	060505104
ARES	ARES MANAGEMENT CORPORATION	55,551 (+8.5%)	$6,061 (-26.7%)	0.0%	$43.33	+243.0%	CL A COM STK	03990B101
HEI	HEICO CORP NEW	65,646 (+5.4%)	$18,000 (-10.7%)	0.1%	$229.49	+47.7%	COM	422806109
CEG	CONSTELLATION ENERGY CORP	332,894 (+23.6%)	$92,961 (-2.3%)	0.7%	$194.39	+54.9%	COM	21037T109
VTR	VENTAS INC	128,652 (+18.1%)	$10,521 (+24.9%)	0.1%	$75.34	+2.6%	COM	92276F100
MTD	METTLER TOLEDO INTERNATIONAL	23,350 (+3.5%)	$29,449 (-6.4%)	0.2%	$1330.62	+6.2%	COM	592688105
TMUS	T-MOBILE US INC	74,618 (+10.4%)	$15,672 (+14.2%)	0.1%	$212.91	-5.9%	COM	872590104
PEG	PUBLIC SVC ENTERPRISE GROUP	109,890 (+26.9%)	$8,896 (+27.9%)	0.1%	$72.56	+12.4%	COM	744573106
MRSH	MARSH & MCLENNAN COS INC	741,655 (+8.6%)	$128,640 (+1.5%)	1.0%	$178.30	+1.7%	COM	571748102
ZBH	ZIMMER BIOMET HOLDINGS INC	167,717 (+13.6%)	$15,165 (+14.3%)	0.1%	$96.08	-4.6%	COM	98956P102
CSX	CSX CORP	162,743 (+21.9%)	$6,681 (+38.1%)	0.1%	$36.21	+6.4%	COM	126408103
HD	HOME DEPOT INC	162,808 (+8.3%)	$53,546 (+3.5%)	0.4%	$329.77	+14.3%	COM	437076102
TSCO	TRACTOR SUPPLY CO	455,201 (+1.8%)	$20,621 (-7.8%)	0.2%	$53.24	-1.0%	COM	892356106
JCI	JOHNSON CONTROLS INTERNATION	83,576 (+8.6%)	$10,944 (+18.8%)	0.1%	$85.02	+48.3%	SHS	G51502105
PFE	PFIZER INC	374,286 (+6.0%)	$10,510 (+19.5%)	0.1%	$27.94	-6.3%	COM	717081103
—	BOEING CO	316,595 (+16.0%)	$20,541 (+8.9%)	0.2%	$65.63	—	DEP CONV PFD A	097023204
MCK	MCKESSON CORP	5,277 (+46.3%)	$4,567 (+54.4%)	0.0%	$834.54	+4.9%	COM	58155Q103
FICO	FAIR ISAAC CORP	6,712 (+30.5%)	$7,165 (-17.6%)	0.1%	$1498.57	-2.1%	COM	303250104
SHOP	SHOPIFY INC	785,358 (+33.5%)	$93,159 (-1.6%)	0.7%	$81.08	+68.3%	CL A SUB VTG SHS	82509L107
—	KKR & CO INC	387,755 (+42.3%)	$15,596 (+10.4%)	0.1%	$48.19	—	6.25 CON SER D	48251W500
HLT	HILTON WORLDWIDE HLDGS INC	36,289 (+8.3%)	$11,035 (+14.7%)	0.1%	$133.49	+128.5%	COM	43300A203
DHR	DANAHER CORP DEL	352,183 (+23.2%)	$66,774 (+2.1%)	0.5%	$179.43	+25.2%	COM	235851102
SPG	SIMON PPTY GROUP INC NEW	82,243 (+8.6%)	$15,341 (+9.4%)	0.1%	$167.74	+9.7%	COM	828806109
ARM	ARM HOLDINGS PLC	25,026 (+8.6%)	$3,786 (+50.3%)	0.0%	$115.40	—	SPONSORED ADS	042068205
MDB	MONGODB INC	8,777 (+7.9%)	$2,148 (-37.1%)	0.0%	$364.74	+3.1%	CL A	60937P106
WM	WASTE MGMT INC DEL	26,371 (+20.8%)	$6,060 (+26.3%)	0.0%	$221.35	+2.1%	COM	94106L109
BA	BOEING CO	238,513 (+6.3%)	$47,471 (-2.5%)	0.4%	$192.52	+23.9%	COM	097023105
NVO	NOVO-NORDISK A S	155,415 (+76.7%)	$5,712 (+27.7%)	0.0%	$54.84	—	ADR	670100205
EQH	EQUITABLE HLDGS INC	162,884 (+59.8%)	$6,045 (+24.5%)	0.0%	$46.64	-2.2%	COM	29452E101
CAH	CARDINAL HEALTH INC	14,843 (+49.9%)	$3,136 (+54.1%)	0.0%	$196.91	+9.3%	COM	14149Y108
MA	MASTERCARD INCORPORATED	269,740 (+13.3%)	$134,778 (-0.8%)	1.0%	$413.28	+30.4%	CL A	57636Q104
—	SOUTHERN CO	204,103 (+8.6%)	$10,491 (+10.8%)	0.1%	$50.44	—	UNIT 12/15/2028	842587842
WCN	WASTE CONNECTIONS INC	180,355 (+11.9%)	$29,297 (+3.6%)	0.2%	$157.63	+6.2%	COM	94106B101
ITT	ITT INC	38,931 (+5.4%)	$7,418 (+15.7%)	0.1%	$146.90	+29.7%	COM	45073V108
HEI/A	HEICO CORP NEW	44,018 (+9.4%)	$9,292 (-8.6%)	0.1%	$157.27	+65.0%	CL A	422806208
ADBE	ADOBE INC	19,531 (+23.0%)	$4,748 (-14.6%)	0.0%	$380.49	-23.8%	COM	00724F101
RELX	RELX PLC	171,423 (+40.9%)	$5,683 (+15.6%)	0.0%	$38.31	—	SPONSORED ADR	759530108
DAL	DELTA AIR LINES INC	559,990 (+6.5%)	$37,228 (+2.0%)	0.3%	$46.84	+49.1%	COM NEW	247361702
AON	AON PLC	98,915 (+11.8%)	$31,928 (+2.3%)	0.2%	$266.56	+26.1%	SHS CL A	G0403H108
CHTR	CHARTER COMMUNICATIONS INC	5,462 (+131.4%)	$1,179 (+139.3%)	0.0%	$284.42	-24.9%	CL A	16119P108
TT	TRANE TECHNOLOGIES PLC	12,233 (+7.3%)	$5,098 (+14.8%)	0.0%	$414.17	+1.9%	SHS	G8994E103
BRO	BROWN & BROWN INC	69,297 (+6.8%)	$4,519 (-12.6%)	0.0%	$82.78	-10.4%	COM	115236101
TPG	TPG INC	31,455 (+211.2%)	$1,274 (+97.5%)	0.0%	$57.29	-0.1%	COM CL A	872657101
GM	GENERAL MTRS CO	154,345 (+15.4%)	$11,499 (+5.8%)	0.1%	$55.64	+47.8%	COM	37045V100
ELV	ELEVANCE HEALTH INC FORMERLY	20,557 (+8.6%)	$6,018 (-9.3%)	0.0%	$360.87	-2.6%	COM	036752103
—	APOLLO GLOBAL MGMT INC	51,120 (+8.6%)	$2,988 (-15.9%)	0.0%	$71.45	—	SER A MAND CNV	03769M304
WYNN	WYNN RESORTS LTD	72,967 (+10.4%)	$7,410 (-6.8%)	0.1%	$101.67	+12.3%	COM	983134107
MCD	MCDONALDS CORP	34,507 (+3.4%)	$10,724 (+5.1%)	0.1%	$272.91	+16.2%	COM	580135101
SOBO	SOUTH BOW CORP	40,959 (+30.1%)	$1,362 (+57.3%)	0.0%	$24.51	+16.2%	COM	83671M105
TOL	TOLL BROTHERS INC	40,452 (+8.6%)	$5,520 (+9.6%)	0.0%	$132.07	+13.5%	COM	889478103
ASND	ASCENDIS PHARMA A/S	10,393 (+14.6%)	$2,377 (+23.0%)	0.0%	$156.19	—	SPONSORED ADR	04351P101
ADI	ANALOG DEVICES INC	2,491 (+86.9%)	$792 (+119.2%)	0.0%	$241.03	+31.2%	COM	032654105
FUL	FULLER H B CO	58,752 (+8.6%)	$3,624 (+12.7%)	0.0%	$63.83	-0.7%	COM	359694106
SONY	SONY GROUP CORP	133,153 (+8.6%)	$2,756 (-12.2%)	0.0%	$28.35	—	SPONSORED ADR	835699307
TEL	TE CONNECTIVITY PLC	149,151 (+7.6%)	$31,176 (-1.2%)	0.2%	$196.03	+17.2%	ORD SHS	G87052109
CG	CARLYLE GROUP INC	160,648 (+28.1%)	$7,774 (+4.9%)	0.1%	$48.01	+22.8%	COM	14316J108
LII	LENNOX INTL INC	82,775 (+3.7%)	$38,418 (-0.9%)	0.3%	$504.86	+4.3%	COM	526107107
FITB	FIFTH THIRD BANCORP	88,004 (+8.6%)	$4,089 (+7.8%)	0.0%	$36.50	+40.5%	COM	316773100
ICE	INTERCONTINENTAL EXCHANGE IN	47,742 (+7.1%)	$7,509 (+4.0%)	0.1%	$154.44	+6.8%	COM	45866F104
EXR	EXTRA SPACE STORAGE INC	21,972 (+8.6%)	$2,881 (+9.4%)	0.0%	$138.28	-5.3%	COM	30225T102
CRH	CRH PLC	19,639 (+7.0%)	$2,064 (-9.9%)	0.0%	$95.04	+30.8%	ORD	G25508105
VRTX	VERTEX PHARMACEUTICALS INC	161,723 (+1.3%)	$72,216 (-0.2%)	0.6%	$383.27	+22.0%	COM	92532F100
CWST	CASELLA WASTE SYS INC	44,993 (+28.6%)	$3,570 (+4.2%)	0.0%	$104.81	-3.0%	CL A	147448104
SW	SMURFIT WESTROCK PLC	10,844 (+39.1%)	$432 (+43.3%)	0.0%	$44.74	-1.7%	SHS	G8267P108
CRSP	CRISPR THERAPEUTICS AG	34,340 (+4.1%)	$1,634 (-5.5%)	0.0%	$70.10	-23.7%	NAMEN AKT	H17182108
MSTR	STRATEGY INC	4,452 (+40.6%)	$556 (+15.5%)	0.0%	$267.75	-45.2%	CL A NEW	594972408
URI	UNITED RENTALS INC	9,084 (+10.1%)	$6,618 (-0.9%)	0.1%	$881.56	+0.1%	COM	911363109
SCHW	SCHWAB CHARLES CORP	29,528 (+8.6%)	$2,775 (+2.2%)	0.0%	$95.16	+5.2%	COM	808513105
CSGP	COSTAR GROUP INC	19,323 (+78.1%)	$779 (+6.9%)	0.0%	$67.45	-15.6%	COM	22160N109
LOAR	LOAR HOLDINGS INC	14,590 (+24.1%)	$836 (+4.6%)	0.0%	$72.13	-4.5%	COM SHS	53947R105
KHC	KRAFT HEINZ CO	202,799 (+8.6%)	$4,561 (+0.7%)	0.0%	$26.68	-10.3%	COM	500754106
MTN	VAIL RESORTS INC	76,008 (+3.3%)	$9,753 (-0.1%)	0.1%	$168.51	-18.2%	COM	91879Q109

Exited Positions (30)

FLUT FLUTTER ENTMT PLC 0.4%

Value ($000) $50,699 Shares 235,767 Est. Cost $212.79 Unrealized -21.8%

YMM FULL TRUCK ALLIANCE CO LTD 0.3%

Value ($000) $41,852 Shares 3,900,483 Est. Cost $12.95 Unrealized —

— AMCOR PLC 0.2%

Value ($000) $29,106 Shares 3,489,973 Est. Cost $8.25 Unrealized +1.9%

SNPS SYNOPSYS INC 0.2%

Value ($000) $27,717 Shares 59,007 Est. Cost $472.39 Unrealized -0.2%

BNTX BIONTECH SE 0.2%

Value ($000) $25,997 Shares 273,073 Est. Cost $111.14 Unrealized —

— QIAGEN NV 0.2%

Value ($000) $21,319 Shares 474,081 Est. Cost $47.91 Unrealized —

AZN ASTRAZENECA PLC 0.2%

Value ($000) $19,594 Shares 213,141 Est. Cost $68.55 Unrealized —

HSY HERSHEY CO 0.1%

Value ($000) $15,540 Shares 85,393 Est. Cost $179.91 Unrealized +13.8%

IT GARTNER INC 0.1%

Value ($000) $15,204 Shares 60,267 Est. Cost $249.63 Unrealized -20.7%

RSG REPUBLIC SVCS INC 0.1%

Value ($000) $8,113 Shares 38,283 Est. Cost $204.18 Unrealized +6.1%

SAIA SAIA INC 0.1%

Value ($000) $7,504 Shares 22,982 Est. Cost $267.88 Unrealized +38.9%

HON HONEYWELL INTL INC 0.0%

Value ($000) $5,959 Shares 30,544 Est. Cost $191.03 Unrealized +18.3%

NEE NEXTERA ENERGY INC 0.0%

Value ($000) $5,111 Shares 63,670 Est. Cost $62.62 Unrealized +39.2%

VZ VERIZON COMMUNICATIONS INC 0.0%

Value ($000) $4,904 Shares 120,399 Est. Cost $42.49 Unrealized +3.1%

TGT TARGET CORP 0.0%

Value ($000) $4,532 Shares 46,367 Est. Cost $114.57 Unrealized -4.7%

RDDT REDDIT INC 0.0%

Value ($000) $3,661 Shares 15,926 Est. Cost $210.30 Unrealized -9.8%

KB KB FINL GROUP INC 0.0%

Value ($000) $2,842 Shares 33,026 Est. Cost $40.59 Unrealized —

VALE VALE S A 0.0%

Value ($000) $2,350 Shares 180,335 Est. Cost $11.28 Unrealized —

CCI CROWN CASTLE INC 0.0%

Value ($000) $1,603 Shares 18,035 Est. Cost $91.09 Unrealized -2.6%

DUOL DUOLINGO INC 0.0%

Value ($000) $1,408 Shares 8,021 Est. Cost $385.26 Unrealized -64.2%

WBS WEBSTER FINL CORP 0.0%

Value ($000) $1,378 Shares 21,891 Est. Cost $44.59 Unrealized +53.0%

NUE NUCOR CORP 0.0%

Value ($000) $1,274 Shares 7,810 Est. Cost $140.51 Unrealized +27.0%

NSC NORFOLK SOUTHN CORP 0.0%

Value ($000) $1,118 Shares 3,871 Est. Cost $210.61 Unrealized +41.6%

CAVA CAVA GROUP INC 0.0%

Value ($000) $762 Shares 12,981 Est. Cost $55.77 Unrealized +21.1%

CMS CMS ENERGY CORP 0.0%

Value ($000) $669 Shares 9,570 Est. Cost $55.59 Unrealized +29.8%

SUI SUN CMNTYS INC 0.0%

Value ($000) $375 Shares 3,027 Est. Cost $122.97 Unrealized —

SBAC SBA COMMUNICATIONS CORP NEW 0.0%

Value ($000) $346 Shares 1,789 Est. Cost $218.52 Unrealized -11.9%

DOW DOW INC 0.0%

Value ($000) $343 Shares 14,681 Est. Cost $38.43 Unrealized -24.4%

VLTO VERALTO CORP 0.0%

Value ($000) $312 Shares 3,124 Est. Cost $86.97 Unrealized +12.1%

EIX EDISON INTL 0.0%

Value ($000) $273 Shares 4,543 Est. Cost $52.86 Unrealized +22.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FLUT	FLUTTER ENTMT PLC	235,767	$50,699	0.4%	$212.79	-21.8%	—	G3643J108
YMM	FULL TRUCK ALLIANCE CO LTD	3,900,483	$41,852	0.3%	$12.95	—	—	35969L108
—	AMCOR PLC	3,489,973	$29,106	0.2%	$8.25	+1.9%	—	G0250X107
SNPS	SYNOPSYS INC	59,007	$27,717	0.2%	$472.39	-0.2%	—	871607107
BNTX	BIONTECH SE	273,073	$25,997	0.2%	$111.14	—	—	09075V102
—	QIAGEN NV	474,081	$21,319	0.2%	$47.91	—	—	N72482206
AZN	ASTRAZENECA PLC	213,141	$19,594	0.2%	$68.55	—	—	046353108
HSY	HERSHEY CO	85,393	$15,540	0.1%	$179.91	+13.8%	—	427866108
IT	GARTNER INC	60,267	$15,204	0.1%	$249.63	-20.7%	—	366651107
RSG	REPUBLIC SVCS INC	38,283	$8,113	0.1%	$204.18	+6.1%	—	760759100
SAIA	SAIA INC	22,982	$7,504	0.1%	$267.88	+38.9%	—	78709Y105
HON	HONEYWELL INTL INC	30,544	$5,959	0.0%	$191.03	+18.3%	—	438516106
NEE	NEXTERA ENERGY INC	63,670	$5,111	0.0%	$62.62	+39.2%	—	65339F101
VZ	VERIZON COMMUNICATIONS INC	120,399	$4,904	0.0%	$42.49	+3.1%	—	92343V104
TGT	TARGET CORP	46,367	$4,532	0.0%	$114.57	-4.7%	—	87612E106
RDDT	REDDIT INC	15,926	$3,661	0.0%	$210.30	-9.8%	—	75734B100
KB	KB FINL GROUP INC	33,026	$2,842	0.0%	$40.59	—	—	48241A105
VALE	VALE S A	180,335	$2,350	0.0%	$11.28	—	—	91912E105
CCI	CROWN CASTLE INC	18,035	$1,603	0.0%	$91.09	-2.6%	—	22822V101
DUOL	DUOLINGO INC	8,021	$1,408	0.0%	$385.26	-64.2%	—	26603R106
WBS	WEBSTER FINL CORP	21,891	$1,378	0.0%	$44.59	+53.0%	—	947890109
NUE	NUCOR CORP	7,810	$1,274	0.0%	$140.51	+27.0%	—	670346105
NSC	NORFOLK SOUTHN CORP	3,871	$1,118	0.0%	$210.61	+41.6%	—	655844108
CAVA	CAVA GROUP INC	12,981	$762	0.0%	$55.77	+21.1%	—	148929102
CMS	CMS ENERGY CORP	9,570	$669	0.0%	$55.59	+29.8%	—	125896100
SUI	SUN CMNTYS INC	3,027	$375	0.0%	$122.97	—	—	866674104
SBAC	SBA COMMUNICATIONS CORP NEW	1,789	$346	0.0%	$218.52	-11.9%	—	78410G104
DOW	DOW INC	14,681	$343	0.0%	$38.43	-24.4%	—	260557103
VLTO	VERALTO CORP	3,124	$312	0.0%	$86.97	+12.1%	—	92338C103
EIX	EDISON INTL	4,543	$273	0.0%	$52.86	+22.3%	—	281020107

Decreased Positions (96)

DB DEUTSCHE BK AG 0.4%

Value ($000) $48,173 (-59.9%) Shares 1,647,124 (-46.7%) Est. Cost $13.44 Unrealized +183.0%

BZ KANZHUN LIMITED 0.0%

Value ($000) $4,684 (-91.3%) Shares 349,810 (-86.8%) Est. Cost $21.09 Unrealized —

MMYT MAKEMYTRIP LIMITED MAURITIUS 0.0%

Value ($000) $3,340 (-92.3%) Shares 89,577 (-83.1%) Est. Cost $45.39 Unrealized +44.4%

CRM SALESFORCE INC 0.6%

Value ($000) $74,754 (-33.8%) Shares 400,459 (-6.1%) Est. Cost $232.10 Unrealized -7.0%

LLY ELI LILLY & CO 1.4%

Value ($000) $177,542 (-17.2%) Shares 193,029 (-3.3%) Est. Cost $496.62 Unrealized +110.8%

NOW SERVICENOW INC 0.0%

Value ($000) $3,560 (-91.0%) Shares 34,050 (-86.8%) Est. Cost $150.73 Unrealized -19.6%

MELI MERCADOLIBRE INC 0.6%

Value ($000) $72,837 (-32.5%) Shares 42,126 (-21.3%) Est. Cost $746.03 Unrealized +177.0%

UNH UNITEDHEALTH GROUP INC 0.8%

Value ($000) $106,092 (-23.7%) Shares 392,075 (-6.9%) Est. Cost $365.84 Unrealized -15.6%

ABT ABBOTT LABORATORIES 0.7%

Value ($000) $95,842 (-25.2%) Shares 933,491 (-8.7%) Est. Cost $105.29 Unrealized +9.6%

ACN ACCENTURE PLC IRELAND 0.2%

Value ($000) $25,413 (-51.3%) Shares 128,162 (-34.1%) Est. Cost $290.16 Unrealized -12.7%

COF CAPITAL ONE FINL CORP 0.4%

Value ($000) $50,720 (-34.2%) Shares 278,023 (-12.5%) Est. Cost $180.70 Unrealized +23.5%

KLAC KLA CORP 1.3%

Value ($000) $167,453 (+17.9%) Shares 113,727 (-2.7%) Est. Cost $570.75 Unrealized +156.2%

RACE FERRARI N V 0.1%

Value ($000) $15,101 (-62.7%) Shares 44,768 (-58.6%) Est. Cost $360.65 Unrealized -1.1%

CNI CANADIAN NATL RY CO 0.0%

Value ($000) $704 (-97.3%) Shares 6,836 (-97.4%) Est. Cost $112.51 Unrealized -9.2%

FDX FEDEX CORP 0.1%

Value ($000) $16,387 (-57.9%) Shares 46,007 (-65.9%) Est. Cost $241.19 Unrealized +40.5%

ASML ASML HLDG NV 1.3%

Value ($000) $173,091 (+14.3%) Shares 131,047 (-7.4%) Est. Cost $544.31 Unrealized —

TOST TOAST INC 0.0%

Value ($000) $2,576 (-89.2%) Shares 97,159 (-85.5%) Est. Cost $30.92 Unrealized +0.3%

SRE SEMPRA 0.4%

Value ($000) $50,836 (-29.3%) Shares 523,166 (-35.8%) Est. Cost $71.27 Unrealized +25.6%

CFG CITIZENS FINL GROUP INC 0.2%

Value ($000) $21,941 (-42.6%) Shares 365,869 (-44.1%) Est. Cost $42.78 Unrealized +47.5%

CB CHUBB LTD SWITZ 0.3%

Value ($000) $38,031 (-29.4%) Shares 116,684 (-32.4%) Est. Cost $209.12 Unrealized +51.2%

ALNY ALNYLAM PHARMACEUTICALS INC 0.1%

Value ($000) $8,454 (-64.3%) Shares 25,550 (-57.1%) Est. Cost $198.24 Unrealized +78.2%

AXP AMERICAN EXPRESS CO 0.1%

Value ($000) $11,535 (-56.0%) Shares 38,135 (-46.2%) Est. Cost $297.16 Unrealized +19.9%

B BARRICK MNG CORP 1.2%

Value ($000) $159,870 (-8.2%) Shares 3,913,430 (-2.1%) Est. Cost $20.86 Unrealized +131.5%

CNQ CANADIAN NAT RES LTD MED TER 0.4%

Value ($000) $45,731 (+42.2%) Shares 938,452 (-1.2%) Est. Cost $31.03 Unrealized +19.9%

IR INGERSOLL RAND INC 0.3%

Value ($000) $39,744 (-25.1%) Shares 496,055 (-25.9%) Est. Cost $83.30 Unrealized +8.6%

TMO THERMO FISHER SCIENTIFIC INC 0.3%

Value ($000) $41,205 (-24.2%) Shares 83,831 (-10.6%) Est. Cost $457.54 Unrealized +25.6%

TCOM TRIP COM GROUP LTD 0.1%

Value ($000) $17,498 (-42.8%) Shares 351,436 (-17.4%) Est. Cost $38.95 Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.1%

Value ($000) $8,587 (-59.4%) Shares 136,850 (-38.3%) Est. Cost $87.80 Unrealized -2.3%

MU MICRON TECHNOLOGY INC 0.6%

Value ($000) $82,372 (-13.0%) Shares 243,819 (-26.5%) Est. Cost $74.23 Unrealized +421.4%

AJG GALLAGHER ARTHUR J & CO 0.3%

Value ($000) $43,543 (-21.3%) Shares 201,048 (-5.9%) Est. Cost $274.83 Unrealized -12.5%

TEAM ATLASSIAN CORPORATION 0.0%

Value ($000) $896 (-92.1%) Shares 13,126 (-81.3%) Est. Cost $162.52 Unrealized -30.3%

SPOT SPOTIFY TECHNOLOGY S A 0.2%

Value ($000) $22,912 (-31.1%) Shares 47,249 (-17.5%) Est. Cost $608.93 Unrealized -18.3%

EL LAUDER ESTEE COS INC 0.0%

Value ($000) $2,832 (-78.2%) Shares 39,460 (-68.2%) Est. Cost $71.93 Unrealized +55.5%

BKR BAKER HUGHES COMPANY 0.0%

Value ($000) $2,559 (-79.4%) Shares 41,922 (-84.6%) Est. Cost $44.03 Unrealized +27.4%

IP INTERNATIONAL PAPER CO 0.2%

Value ($000) $21,712 (-30.9%) Shares 608,192 (-23.7%) Est. Cost $47.59 Unrealized -8.0%

HUM HUMANA INC 0.0%

Value ($000) $4,230 (-67.6%) Shares 24,397 (-52.1%) Est. Cost $280.80 Unrealized -20.4%

FUTU FUTU HLDGS LTD 0.2%

Value ($000) $25,908 (-24.9%) Shares 189,445 (-9.9%) Est. Cost $173.91 Unrealized —

BLK BLACKROCK INC 0.3%

Value ($000) $44,651 (-15.2%) Shares 46,429 (-5.7%) Est. Cost $1006.01 Unrealized +9.1%

MMM 3M CO 0.2%

Value ($000) $21,842 (-26.4%) Shares 150,396 (-18.8%) Est. Cost $136.90 Unrealized +19.8%

SO SOUTHERN CO 0.3%

Value ($000) $37,888 (-17.0%) Shares 392,539 (-25.0%) Est. Cost $81.28 Unrealized +10.2%

AWI ARMSTRONG WORLD INDS INC NEW 0.0%

Value ($000) $966 (-88.5%) Shares 5,861 (-86.6%) Est. Cost $104.89 Unrealized +83.8%

RCL ROYAL CARIBBEAN GROUP 1.3%

Value ($000) $167,039 (-4.1%) Shares 607,017 (-2.8%) Est. Cost $113.27 Unrealized +172.7%

CPRT COPART INC 0.1%

Value ($000) $7,617 (-46.4%) Shares 229,422 (-36.8%) Est. Cost $42.22 Unrealized -7.2%

PNC PNC FINL SVCS GROUP INC 0.0%

Value ($000) $2,905 (-68.3%) Shares 13,959 (-68.2%) Est. Cost $167.37 Unrealized +34.4%

PDD PDD HOLDINGS INC 0.3%

Value ($000) $40,197 (-13.4%) Shares 393,398 (-3.9%) Est. Cost $108.12 Unrealized —

MAR MARRIOTT INTL INC NEW 0.3%

Value ($000) $40,051 (-13.2%) Shares 122,454 (-17.7%) Est. Cost $213.30 Unrealized +55.1%

PH PARKER-HANNIFIN CORP 0.1%

Value ($000) $18,352 (-24.9%) Shares 20,499 (-26.2%) Est. Cost $680.61 Unrealized +40.7%

BMY BRISTOL-MYERS SQUIBB CO 0.0%

Value ($000) $5,598 (-50.6%) Shares 92,292 (-56.1%) Est. Cost $54.58 Unrealized +5.2%

NTES NETEASE COM INC 0.2%

Value ($000) $21,081 (-21.0%) Shares 188,320 (-2.9%) Est. Cost $107.08 Unrealized —

NKE NIKE INC 0.2%

Value ($000) $20,013 (-21.2%) Shares 378,890 (-5.0%) Est. Cost $75.62 Unrealized -15.4%

FCX FREEPORT MCMORAN INC 0.0%

Value ($000) $1,825 (-74.5%) Shares 31,056 (-78.0%) Est. Cost $40.18 Unrealized +52.1%

ECL ECOLAB INC 0.1%

Value ($000) $9,152 (-35.0%) Shares 34,402 (-35.9%) Est. Cost $265.71 Unrealized +7.7%

INTC INTEL CORP 0.2%

Value ($000) $25,274 (-16.1%) Shares 572,712 (-29.9%) Est. Cost $29.44 Unrealized +57.7%

SHW SHERWIN WILLIAMS CO 0.1%

Value ($000) $15,009 (-21.6%) Shares 46,823 (-20.7%) Est. Cost $285.13 Unrealized +24.6%

KEY KEYCORP 0.0%

Value ($000) $6,312 (-39.5%) Shares 314,825 (-37.7%) Est. Cost $17.32 Unrealized +25.2%

KT KT CORP 0.4%

Value ($000) $45,551 (+9.9%) Shares 2,123,569 (-2.8%) Est. Cost $19.15 Unrealized —

IBN ICICI BANK LIMITED 0.1%

Value ($000) $12,174 (-24.4%) Shares 470,044 (-13.1%) Est. Cost $12.76 Unrealized —

MSI MOTOROLA SOLUTIONS INC 0.0%

Value ($000) $3,758 (-50.3%) Shares 8,659 (-56.1%) Est. Cost $328.52 Unrealized +26.6%

ONC BEONE MEDICINES LTD 0.7%

Value ($000) $89,757 (-4.0%) Shares 302,243 (-1.8%) Est. Cost $160.42 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.7%

Value ($000) $90,779 (+4.2%) Shares 268,616 (-6.3%) Est. Cost $50.02 Unrealized —

AME AMETEK INC 0.0%

Value ($000) $6,441 (-34.5%) Shares 30,049 (-37.3%) Est. Cost $88.23 Unrealized +153.1%

BAM BROOKFIELD ASSET MANAGMT LTD 0.1%

Value ($000) $13,163 (-20.4%) Shares 296,120 (-6.1%) Est. Cost $41.32 Unrealized +24.5%

MS MORGAN STANLEY 0.2%

Value ($000) $23,297 (-12.5%) Shares 141,564 (-5.6%) Est. Cost $103.89 Unrealized +72.9%

ATI ATI INC 0.3%

Value ($000) $34,173 (-8.7%) Shares 234,928 (-27.9%) Est. Cost $19.34 Unrealized +580.8%

NU NU HLDGS LTD 0.1%

Value ($000) $14,094 (-17.1%) Shares 980,819 (-3.5%) Est. Cost $11.89 Unrealized +45.8%

COO COOPER COS INC 0.1%

Value ($000) $7,020 (-27.5%) Shares 98,188 (-16.9%) Est. Cost $79.65 Unrealized +3.1%

CARR CARRIER GLOBAL CORPORATION 0.1%

Value ($000) $11,204 (-19.1%) Shares 198,974 (-24.1%) Est. Cost $40.18 Unrealized +48.5%

CM CANADIAN IMPERIAL BANK OF CO 0.0%

Value ($000) $1,853 (-54.8%) Shares 19,560 (-56.7%) Est. Cost $52.98 Unrealized +78.5%

AMX AMERICA MOVIL SAB DE CV 0.2%

Value ($000) $25,739 (-7.8%) Shares 1,010,146 (-25.2%) Est. Cost $20.10 Unrealized —

SLB SLB LIMITED 0.1%

Value ($000) $8,826 (+31.7%) Shares 171,753 (-1.6%) Est. Cost $41.00 Unrealized +17.8%

C CITIGROUP INC 0.3%

Value ($000) $33,133 (-5.1%) Shares 292,155 (-2.4%) Est. Cost $67.66 Unrealized +71.7%

DLTR DOLLAR TREE INC 0.1%

Value ($000) $12,521 (-12.3%) Shares 114,336 (-1.5%) Est. Cost $105.59 Unrealized +21.6%

ILMN ILLUMINA INC 0.1%

Value ($000) $11,225 (-12.6%) Shares 91,071 (-7.0%) Est. Cost $112.20 Unrealized +20.7%

STZ CONSTELLATION BRANDS INC 0.2%

Value ($000) $27,153 (+6.1%) Shares 181,023 (-2.4%) Est. Cost $175.14 Unrealized -10.9%

ICLR ICON PLC 0.0%

Value ($000) $1,512 (-50.8%) Shares 13,663 (-19.0%) Est. Cost $176.29 Unrealized -11.3%

BN BROOKFIELD CORP 0.0%

Value ($000) $5,839 (-20.9%) Shares 144,280 (-10.3%) Est. Cost $36.71 Unrealized +27.2%

NFLX NETFLIX INC. 0.3%

Value ($000) $38,326 (-3.7%) Shares 398,607 (-6.1%) Est. Cost $94.05 Unrealized -10.9%

GS GOLDMAN SACHS GROUP INC 0.1%

Value ($000) $16,680 (-8.1%) Shares 19,717 (-4.5%) Est. Cost $440.08 Unrealized +111.9%

TTEK TETRA TECH INC NEW 0.0%

Value ($000) $1,998 (-37.6%) Shares 66,336 (-30.5%) Est. Cost $35.46 Unrealized +4.0%

MNST MONSTER BEVERAGE CORP NEW 0.0%

Value ($000) $5,000 (-16.8%) Shares 69,010 (-12.0%) Est. Cost $50.77 Unrealized +58.8%

AMT AMERICAN TOWER CORP 0.1%

Value ($000) $8,244 (-9.1%) Shares 47,771 (-7.5%) Est. Cost $194.12 Unrealized -10.0%

AMGN AMGEN INC 1.1%

Value ($000) $140,061 (+0.6%) Shares 398,069 (-6.4%) Est. Cost $284.96 Unrealized +22.7%

REXR REXFORD INDL RLTY INC 0.0%

Value ($000) $3,089 (-17.2%) Shares 94,386 (-2.1%) Est. Cost $48.66 Unrealized —

TRN TRINITY INDS INC 0.0%

Value ($000) $682 (-47.4%) Shares 21,189 (-56.8%) Est. Cost $22.84 Unrealized +31.8%

REGN REGENERON PHARMACEUTICALS 0.1%

Value ($000) $9,085 (-5.9%) Shares 11,759 (-6.0%) Est. Cost $708.80 Unrealized +8.5%

ORCL ORACLE CORP 0.0%

Value ($000) $1,362 (-26.2%) Shares 9,260 (-2.2%) Est. Cost $162.41 Unrealized +4.4%

AIT APPLIED INDL TECHNOLOGIES IN 0.0%

Value ($000) $2,218 (-17.1%) Shares 8,360 (-19.8%) Est. Cost $261.21 Unrealized +5.5%

BLD TOPBUILD COR 0.0%

Value ($000) $350 (-51.4%) Shares 995 (-42.3%) Est. Cost $346.01 Unrealized +42.1%

KOF COCA-COLA FEMSA SAB DE CV 0.1%

Value ($000) $8,772 (-3.8%) Shares 89,925 (-6.6%) Est. Cost $95.69 Unrealized —

SCI SERVICE CORP INTL 0.0%

Value ($000) $2,146 (-12.1%) Shares 26,010 (-17.0%) Est. Cost $77.00 Unrealized +5.2%

ULS UL SOLUTIONS INC 0.1%

Value ($000) $8,831 (-2.8%) Shares 103,028 (-10.6%) Est. Cost $50.07 Unrealized +51.4%

AES AES CORP 0.0%

Value ($000) $412 (-34.5%) Shares 29,237 (-33.3%) Est. Cost $15.50 Unrealized -2.3%

TXN TEXAS INSTRS INC 0.1%

Value ($000) $13,279 (-1.3%) Shares 68,397 (-11.8%) Est. Cost $175.04 Unrealized +17.8%

TRP TC ENERGY CORP 0.2%

Value ($000) $27,599 (-0.4%) Shares 440,849 (-12.5%) Est. Cost $40.41 Unrealized +44.1%

XPO XPO INC 0.0%

Value ($000) $2,063 (+6.1%) Shares 10,606 (-25.9%) Est. Cost $123.23 Unrealized +38.3%

ALGN ALIGN TECHNOLOGY INC 0.1%

Value ($000) $9,723 (+0.8%) Shares 56,716 (-8.2%) Est. Cost $157.02 Unrealized +11.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DB	DEUTSCHE BK AG	1,647,124 (-46.7%)	$48,173 (-59.9%)	0.4%	$13.44	+183.0%	NAMEN AKT	D18190898
BZ	KANZHUN LIMITED	349,810 (-86.8%)	$4,684 (-91.3%)	0.0%	$21.09	—	SPONSORED ADS	48553T106
MMYT	MAKEMYTRIP LIMITED MAURITIUS	89,577 (-83.1%)	$3,340 (-92.3%)	0.0%	$45.39	+44.4%	SHS	V5633W109
CRM	SALESFORCE INC	400,459 (-6.1%)	$74,754 (-33.8%)	0.6%	$232.10	-7.0%	COM	79466L302
LLY	ELI LILLY & CO	193,029 (-3.3%)	$177,542 (-17.2%)	1.4%	$496.62	+110.8%	COM	532457108
NOW	SERVICENOW INC	34,050 (-86.8%)	$3,560 (-91.0%)	0.0%	$150.73	-19.6%	COM	81762P102
MELI	MERCADOLIBRE INC	42,126 (-21.3%)	$72,837 (-32.5%)	0.6%	$746.03	+177.0%	COM	58733R102
UNH	UNITEDHEALTH GROUP INC	392,075 (-6.9%)	$106,092 (-23.7%)	0.8%	$365.84	-15.6%	COM	91324P102
ABT	ABBOTT LABORATORIES	933,491 (-8.7%)	$95,842 (-25.2%)	0.7%	$105.29	+9.6%	COM	002824100
ACN	ACCENTURE PLC IRELAND	128,162 (-34.1%)	$25,413 (-51.3%)	0.2%	$290.16	-12.7%	SHS CLASS A	G1151C101
COF	CAPITAL ONE FINL CORP	278,023 (-12.5%)	$50,720 (-34.2%)	0.4%	$180.70	+23.5%	COM	14040H105
KLAC	KLA CORP	113,727 (-2.7%)	$167,453 (+17.9%)	1.3%	$570.75	+156.2%	COM NEW	482480100
RACE	FERRARI N V	44,768 (-58.6%)	$15,101 (-62.7%)	0.1%	$360.65	-1.1%	COM	N3167Y103
CNI	CANADIAN NATL RY CO	6,836 (-97.4%)	$704 (-97.3%)	0.0%	$112.51	-9.2%	COM	136375102
FDX	FEDEX CORP	46,007 (-65.9%)	$16,387 (-57.9%)	0.1%	$241.19	+40.5%	COM	31428X106
ASML	ASML HLDG NV	131,047 (-7.4%)	$173,091 (+14.3%)	1.3%	$544.31	—	N Y REGISTRY SHS	N07059210
TOST	TOAST INC	97,159 (-85.5%)	$2,576 (-89.2%)	0.0%	$30.92	+0.3%	CL A	888787108
SRE	SEMPRA	523,166 (-35.8%)	$50,836 (-29.3%)	0.4%	$71.27	+25.6%	COM	816851109
CFG	CITIZENS FINL GROUP INC	365,869 (-44.1%)	$21,941 (-42.6%)	0.2%	$42.78	+47.5%	COM	174610105
CB	CHUBB LTD SWITZ	116,684 (-32.4%)	$38,031 (-29.4%)	0.3%	$209.12	+51.2%	COM	H1467J104
ALNY	ALNYLAM PHARMACEUTICALS INC	25,550 (-57.1%)	$8,454 (-64.3%)	0.1%	$198.24	+78.2%	COM	02043Q107
AXP	AMERICAN EXPRESS CO	38,135 (-46.2%)	$11,535 (-56.0%)	0.1%	$297.16	+19.9%	COM	025816109
B	BARRICK MNG CORP	3,913,430 (-2.1%)	$159,870 (-8.2%)	1.2%	$20.86	+131.5%	COM SHS	06849F108
CNQ	CANADIAN NAT RES LTD MED TER	938,452 (-1.2%)	$45,731 (+42.2%)	0.4%	$31.03	+19.9%	COM	136385101
IR	INGERSOLL RAND INC	496,055 (-25.9%)	$39,744 (-25.1%)	0.3%	$83.30	+8.6%	COM	45687V106
TMO	THERMO FISHER SCIENTIFIC INC	83,831 (-10.6%)	$41,205 (-24.2%)	0.3%	$457.54	+25.6%	COM	883556102
TCOM	TRIP COM GROUP LTD	351,436 (-17.4%)	$17,498 (-42.8%)	0.1%	$38.95	—	ADS	89677Q107
BSX	BOSTON SCIENTIFIC CORP	136,850 (-38.3%)	$8,587 (-59.4%)	0.1%	$87.80	-2.3%	COM	101137107
MU	MICRON TECHNOLOGY INC	243,819 (-26.5%)	$82,372 (-13.0%)	0.6%	$74.23	+421.4%	COM	595112103
AJG	GALLAGHER ARTHUR J & CO	201,048 (-5.9%)	$43,543 (-21.3%)	0.3%	$274.83	-12.5%	COM	363576109
TEAM	ATLASSIAN CORPORATION	13,126 (-81.3%)	$896 (-92.1%)	0.0%	$162.52	-30.3%	CL A	049468101
SPOT	SPOTIFY TECHNOLOGY S A	47,249 (-17.5%)	$22,912 (-31.1%)	0.2%	$608.93	-18.3%	SHS	L8681T102
EL	LAUDER ESTEE COS INC	39,460 (-68.2%)	$2,832 (-78.2%)	0.0%	$71.93	+55.5%	CL A	518439104
BKR	BAKER HUGHES COMPANY	41,922 (-84.6%)	$2,559 (-79.4%)	0.0%	$44.03	+27.4%	CL A	05722G100
IP	INTERNATIONAL PAPER CO	608,192 (-23.7%)	$21,712 (-30.9%)	0.2%	$47.59	-8.0%	COM	460146103
HUM	HUMANA INC	24,397 (-52.1%)	$4,230 (-67.6%)	0.0%	$280.80	-20.4%	COM	444859102
FUTU	FUTU HLDGS LTD	189,445 (-9.9%)	$25,908 (-24.9%)	0.2%	$173.91	—	SPON ADS CL A	36118L106
BLK	BLACKROCK INC	46,429 (-5.7%)	$44,651 (-15.2%)	0.3%	$1006.01	+9.1%	COM	09290D101
MMM	3M CO	150,396 (-18.8%)	$21,842 (-26.4%)	0.2%	$136.90	+19.8%	COM	88579Y101
SO	SOUTHERN CO	392,539 (-25.0%)	$37,888 (-17.0%)	0.3%	$81.28	+10.2%	COM	842587107
AWI	ARMSTRONG WORLD INDS INC NEW	5,861 (-86.6%)	$966 (-88.5%)	0.0%	$104.89	+83.8%	COM	04247X102
RCL	ROYAL CARIBBEAN GROUP	607,017 (-2.8%)	$167,039 (-4.1%)	1.3%	$113.27	+172.7%	COM	V7780T103
CPRT	COPART INC	229,422 (-36.8%)	$7,617 (-46.4%)	0.1%	$42.22	-7.2%	COM	217204106
PNC	PNC FINL SVCS GROUP INC	13,959 (-68.2%)	$2,905 (-68.3%)	0.0%	$167.37	+34.4%	COM	693475105
PDD	PDD HOLDINGS INC	393,398 (-3.9%)	$40,197 (-13.4%)	0.3%	$108.12	—	SPONSORED ADS	722304102
MAR	MARRIOTT INTL INC NEW	122,454 (-17.7%)	$40,051 (-13.2%)	0.3%	$213.30	+55.1%	CL A	571903202
PH	PARKER-HANNIFIN CORP	20,499 (-26.2%)	$18,352 (-24.9%)	0.1%	$680.61	+40.7%	COM	701094104
BMY	BRISTOL-MYERS SQUIBB CO	92,292 (-56.1%)	$5,598 (-50.6%)	0.0%	$54.58	+5.2%	COM	110122108
NTES	NETEASE COM INC	188,320 (-2.9%)	$21,081 (-21.0%)	0.2%	$107.08	—	SPONSORED ADS	64110W102
NKE	NIKE INC	378,890 (-5.0%)	$20,013 (-21.2%)	0.2%	$75.62	-15.4%	CL B	654106103
FCX	FREEPORT MCMORAN INC	31,056 (-78.0%)	$1,825 (-74.5%)	0.0%	$40.18	+52.1%	CL B	35671D857
ECL	ECOLAB INC	34,402 (-35.9%)	$9,152 (-35.0%)	0.1%	$265.71	+7.7%	COM	278865100
INTC	INTEL CORP	572,712 (-29.9%)	$25,274 (-16.1%)	0.2%	$29.44	+57.7%	COM	458140100
SHW	SHERWIN WILLIAMS CO	46,823 (-20.7%)	$15,009 (-21.6%)	0.1%	$285.13	+24.6%	COM	824348106
KEY	KEYCORP	314,825 (-37.7%)	$6,312 (-39.5%)	0.0%	$17.32	+25.2%	COM	493267108
KT	KT CORP	2,123,569 (-2.8%)	$45,551 (+9.9%)	0.4%	$19.15	—	SPONSORED ADR	48268K101
IBN	ICICI BANK LIMITED	470,044 (-13.1%)	$12,174 (-24.4%)	0.1%	$12.76	—	ADR	45104G104
MSI	MOTOROLA SOLUTIONS INC	8,659 (-56.1%)	$3,758 (-50.3%)	0.0%	$328.52	+26.6%	COM NEW	620076307
ONC	BEONE MEDICINES LTD	302,243 (-1.8%)	$89,757 (-4.0%)	0.7%	$160.42	—	SPONSORED ADS	07725L102
TSM	TAIWAN SEMICONDUCTOR MANUFAC	268,616 (-6.3%)	$90,779 (+4.2%)	0.7%	$50.02	—	SPONSORED ADS	874039100
AME	AMETEK INC	30,049 (-37.3%)	$6,441 (-34.5%)	0.0%	$88.23	+153.1%	COM	031100100
BAM	BROOKFIELD ASSET MANAGMT LTD	296,120 (-6.1%)	$13,163 (-20.4%)	0.1%	$41.32	+24.5%	CL A LMT VTG SHS	113004105
MS	MORGAN STANLEY	141,564 (-5.6%)	$23,297 (-12.5%)	0.2%	$103.89	+72.9%	COM NEW	617446448
ATI	ATI INC	234,928 (-27.9%)	$34,173 (-8.7%)	0.3%	$19.34	+580.8%	COM	01741R102
NU	NU HLDGS LTD	980,819 (-3.5%)	$14,094 (-17.1%)	0.1%	$11.89	+45.8%	ORD SHS CL A	G6683N103
COO	COOPER COS INC	98,188 (-16.9%)	$7,020 (-27.5%)	0.1%	$79.65	+3.1%	COM	216648501
CARR	CARRIER GLOBAL CORPORATION	198,974 (-24.1%)	$11,204 (-19.1%)	0.1%	$40.18	+48.5%	COM	14448C104
CM	CANADIAN IMPERIAL BANK OF CO	19,560 (-56.7%)	$1,853 (-54.8%)	0.0%	$52.98	+78.5%	COM	136069101
AMX	AMERICA MOVIL SAB DE CV	1,010,146 (-25.2%)	$25,739 (-7.8%)	0.2%	$20.10	—	SPON ADS RP CL B	02390A101
SLB	SLB LIMITED	171,753 (-1.6%)	$8,826 (+31.7%)	0.1%	$41.00	+17.8%	COM STK	806857108
C	CITIGROUP INC	292,155 (-2.4%)	$33,133 (-5.1%)	0.3%	$67.66	+71.7%	COM NEW	172967424
DLTR	DOLLAR TREE INC	114,336 (-1.5%)	$12,521 (-12.3%)	0.1%	$105.59	+21.6%	COM	256746108
ILMN	ILLUMINA INC	91,071 (-7.0%)	$11,225 (-12.6%)	0.1%	$112.20	+20.7%	COM	452327109
STZ	CONSTELLATION BRANDS INC	181,023 (-2.4%)	$27,153 (+6.1%)	0.2%	$175.14	-10.9%	CL A	21036P108
ICLR	ICON PLC	13,663 (-19.0%)	$1,512 (-50.8%)	0.0%	$176.29	-11.3%	SHS	G4705A100
BN	BROOKFIELD CORP	144,280 (-10.3%)	$5,839 (-20.9%)	0.0%	$36.71	+27.2%	CL A LTD VT SH	11271J107
NFLX	NETFLIX INC.	398,607 (-6.1%)	$38,326 (-3.7%)	0.3%	$94.05	-10.9%	COM	64110L106
GS	GOLDMAN SACHS GROUP INC	19,717 (-4.5%)	$16,680 (-8.1%)	0.1%	$440.08	+111.9%	COM	38141G104
TTEK	TETRA TECH INC NEW	66,336 (-30.5%)	$1,998 (-37.6%)	0.0%	$35.46	+4.0%	COM	88162G103
MNST	MONSTER BEVERAGE CORP NEW	69,010 (-12.0%)	$5,000 (-16.8%)	0.0%	$50.77	+58.8%	COM	61174X109
AMT	AMERICAN TOWER CORP	47,771 (-7.5%)	$8,244 (-9.1%)	0.1%	$194.12	-10.0%	COM	03027X100
AMGN	AMGEN INC	398,069 (-6.4%)	$140,061 (+0.6%)	1.1%	$284.96	+22.7%	COM	031162100
REXR	REXFORD INDL RLTY INC	94,386 (-2.1%)	$3,089 (-17.2%)	0.0%	$48.66	—	COM	76169C100
TRN	TRINITY INDS INC	21,189 (-56.8%)	$682 (-47.4%)	0.0%	$22.84	+31.8%	COM	896522109
REGN	REGENERON PHARMACEUTICALS	11,759 (-6.0%)	$9,085 (-5.9%)	0.1%	$708.80	+8.5%	COM	75886F107
ORCL	ORACLE CORP	9,260 (-2.2%)	$1,362 (-26.2%)	0.0%	$162.41	+4.4%	COM	68389X105
AIT	APPLIED INDL TECHNOLOGIES IN	8,360 (-19.8%)	$2,218 (-17.1%)	0.0%	$261.21	+5.5%	COM	03820C105
BLD	TOPBUILD COR	995 (-42.3%)	$350 (-51.4%)	0.0%	$346.01	+42.1%	COM	89055F103
KOF	COCA-COLA FEMSA SAB DE CV	89,925 (-6.6%)	$8,772 (-3.8%)	0.1%	$95.69	—	SPONS ADS REP	191241108
SCI	SERVICE CORP INTL	26,010 (-17.0%)	$2,146 (-12.1%)	0.0%	$77.00	+5.2%	COM	817565104
ULS	UL SOLUTIONS INC	103,028 (-10.6%)	$8,831 (-2.8%)	0.1%	$50.07	+51.4%	CLASS A COM SHS	903731107
AES	AES CORP	29,237 (-33.3%)	$412 (-34.5%)	0.0%	$15.50	-2.3%	COM	00130H105
TXN	TEXAS INSTRS INC	68,397 (-11.8%)	$13,279 (-1.3%)	0.1%	$175.04	+17.8%	COM	882508104
TRP	TC ENERGY CORP	440,849 (-12.5%)	$27,599 (-0.4%)	0.2%	$40.41	+44.1%	COM	87807B107
XPO	XPO INC	10,606 (-25.9%)	$2,063 (+6.1%)	0.0%	$123.23	+38.3%	COM	983793100
ALGN	ALIGN TECHNOLOGY INC	56,716 (-8.2%)	$9,723 (+0.8%)	0.1%	$157.02	+11.2%	COM	016255101

Unchanged Positions (14)

AVGO BROADCOM INC 5.2%

Value ($000) $676,557 Shares 2,185,897 Est. Cost $166.57 Unrealized +100.6%

GOOG ALPHABET INC 1.8%

Value ($000) $235,743 Shares 821,804 Est. Cost $129.03 Unrealized +150.8%

TSLA TESLA INC 0.7%

Value ($000) $97,136 Shares 261,295 Est. Cost $235.53 Unrealized +80.9%

FTAI FTAI AVIATION LTD 0.5%

Value ($000) $60,773 Shares 248,055 Est. Cost $84.56 Unrealized +220.3%

IBM INTERNATIONAL BUSINESS MACHS 0.3%

Value ($000) $40,236 Shares 165,998 Est. Cost $259.89 Unrealized +9.2%

TDG TRANSDIGM GROUP INC 0.4%

Value ($000) $50,265 Shares 43,371 Est. Cost $527.78 Unrealized +158.0%

ISRG INTUITIVE SURGICAL INC 0.2%

Value ($000) $26,791 Shares 58,117 Est. Cost $345.79 Unrealized +50.7%

PAAS PAN AMERN SILVER CORP 0.2%

Value ($000) $30,056 Shares 550,173 Est. Cost $41.86 Unrealized +39.5%

OWL BLUE OWL CAPITAL INC 0.0%

Value ($000) $1,661 Shares 181,880 Est. Cost $15.98 Unrealized -14.1%

DBD DIEBOLD NIXDORF INC 0.0%

Value ($000) $5,478 Shares 72,617 Est. Cost $18.98 Unrealized +279.5%

PLD PROLOGIS INC. 0.1%

Value ($000) $13,713 Shares 103,748 Est. Cost $109.28 Unrealized +18.1%

GRFS GRIFOLS S A 0.0%

Value ($000) $1,527 Shares 190,360 Est. Cost $15.35 Unrealized —

— MICROCHIP TECHNOLOGY INC. 0.0%

Value ($000) $2,233 Shares 39,200 Est. Cost $50.33 Unrealized —

GGB GERDAU SA 0.0%

Value ($000) $760 Shares 210,637 Est. Cost $3.98 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AVGO	BROADCOM INC	2,185,897	$676,557	5.2%	$166.57	+100.6%	COM	11135F101
GOOG	ALPHABET INC	821,804	$235,743	1.8%	$129.03	+150.8%	CAP STK CL C	02079K107
TSLA	TESLA INC	261,295	$97,136	0.7%	$235.53	+80.9%	COM	88160R101
FTAI	FTAI AVIATION LTD	248,055	$60,773	0.5%	$84.56	+220.3%	SHS	G3730V105
IBM	INTERNATIONAL BUSINESS MACHS	165,998	$40,236	0.3%	$259.89	+9.2%	COM	459200101
TDG	TRANSDIGM GROUP INC	43,371	$50,265	0.4%	$527.78	+158.0%	COM	893641100
ISRG	INTUITIVE SURGICAL INC	58,117	$26,791	0.2%	$345.79	+50.7%	COM NEW	46120E602
PAAS	PAN AMERN SILVER CORP	550,173	$30,056	0.2%	$41.86	+39.5%	COM	697900108
OWL	BLUE OWL CAPITAL INC	181,880	$1,661	0.0%	$15.98	-14.1%	COM CL A	09581B103
DBD	DIEBOLD NIXDORF INC	72,617	$5,478	0.0%	$18.98	+279.5%	COM SHS	253651202
PLD	PROLOGIS INC.	103,748	$13,713	0.1%	$109.28	+18.1%	COM	74340W103
GRFS	GRIFOLS S A	190,360	$1,527	0.0%	$15.35	—	SP ADR REP B NVT	398438408
—	MICROCHIP TECHNOLOGY INC.	39,200	$2,233	0.0%	$50.33	—	DEP SHS REPSTG	595017302
GGB	GERDAU SA	210,637	$760	0.0%	$3.98	—	SPON ADR REP PFD	373737105