Zurich Insurance Group Ltd/FI Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MS	MORGAN STANLEY	786,539	$139,634	1.0%	$166.47	0.0%	COM NEW	617446448
USB	US BANCORP DEL	2,391,128	$127,591	0.9%	$48.72	0.0%	COM NEW	902973304
RY	ROYAL BK CDA	713,739	$121,792	0.8%	$153.57	0.0%	COM	780087102
ACN	ACCENTURE PLC IRELAND	331,269	$88,879	0.6%	$254.06	0.0%	SHS CLASS A	G1151C101
ISRG	INTUITIVE SURGICAL INC	135,973	$77,010	0.5%	$532.37	0.0%	COM NEW	46120E602
DLTR	DOLLAR TREE INC	617,515	$75,961	0.5%	$107.15	0.0%	COM	256746108
KO	COCA COLA CO	1,051,608	$73,518	0.5%	$69.40	0.0%	COM	191216100
SGOV	ISHARES TR	673,096	$67,565	0.5%	$100.38	—	0-3 MNTH TREASRY	46436E718
NBIX	NEUROCRINE BIOSCIENCES INC	459,437	$65,162	0.5%	$144.87	0.0%	COM	64125C109
MAR	MARRIOTT INTL INC NEW	208,666	$64,737	0.4%	$285.32	0.0%	CL A	571903202
ODFL	OLD DOMINION FREIGHT LINE IN	410,936	$64,435	0.4%	$143.18	0.0%	COM	679580100
ULTA	ULTA BEAUTY INC	101,595	$61,466	0.4%	$549.70	0.0%	COM	90384S303
UNM	UNUM GROUP	759,490	$58,860	0.4%	$76.48	0.0%	COM	91529Y106
GEHC	GE HEALTHCARE TECHNOLOGIES I	692,734	$56,818	0.4%	$77.91	0.0%	COMMON STOCK	36266G107
MRK	MERCK & CO INC	529,303	$55,714	0.4%	$93.24	0.0%	COM	58933Y105
RL	RALPH LAUREN CORP	152,244	$53,835	0.4%	$340.01	0.0%	CL A	751212101
TMO	THERMO FISHER SCIENTIFIC INC	89,312	$51,752	0.4%	$565.16	0.0%	COM	883556102
INSM	INSMED INC	281,098	$48,922	0.3%	$182.48	0.0%	COM PAR $.01	457669307
MNST	MONSTER BEVERAGE CORP NEW	617,447	$47,340	0.3%	$71.65	0.0%	COM	61174X109
DIS	DISNEY WALT CO	401,858	$45,719	0.3%	$109.53	0.0%	COM	254687106
CB	CHUBB LIMITED	140,634	$43,895	0.3%	$292.40	0.0%	COM	H1467J104
ROK	ROCKWELL AUTOMATION INC	110,410	$42,957	0.3%	$375.21	0.0%	COM	773903109
TTE	TOTALENERGIES SE	573,443	$37,424	0.3%	$63.23	0.0%	ACT	F92124100
BKNG	BOOKING HOLDINGS INC	6,883	$36,861	0.3%	$5137.84	0.0%	COM	09857L108
TJX	TJX COS INC NEW	239,898	$36,851	0.3%	$147.70	0.0%	COM	872540109
J	JACOBS SOLUTIONS INC	275,517	$36,495	0.3%	$146.41	0.0%	COM	46982L108
CW	CURTISS WRIGHT CORP	63,371	$34,935	0.2%	$557.64	0.0%	COM	231561101
PWR	QUANTA SVCS INC	81,044	$34,205	0.2%	$439.27	0.0%	COM	74762E102
SPGI	S&P GLOBAL INC	59,489	$31,088	0.2%	$494.21	0.0%	COM	78409V104
CMG	CHIPOTLE MEXICAN GRILL INC	825,645	$30,549	0.2%	$36.17	0.0%	COM	169656105
KNX	KNIGHT-SWIFT TRANSN HLDGS IN	583,266	$30,493	0.2%	$46.76	0.0%	CL A	499049104
TPG	TPG INC	445,727	$28,455	0.2%	$59.03	0.0%	COM CL A	872657101
CCL	CARNIVAL CORP	872,877	$26,658	0.2%	$27.88	0.0%	UNIT 99/99/9999	143658300
TRGP	TARGA RES CORP	140,713	$25,962	0.2%	$168.08	0.0%	COM	87612G101
PH	PARKER-HANNIFIN CORP	29,440	$25,877	0.2%	$817.77	0.0%	COM	701094104
FITB	FIFTH THIRD BANCORP	541,432	$25,344	0.2%	$43.65	0.0%	COM	316773100
MCK	MCKESSON CORP	30,488	$25,009	0.2%	$815.57	0.0%	COM	58155Q103
ONON	ON HLDG AG	537,432	$24,980	0.2%	$43.09	0.0%	NAMEN AKT A	H5919C104
WM	WASTE MGMT INC DEL	112,663	$24,753	0.2%	$212.55	0.0%	COM	94106L109
ADBE	ADOBE INC	70,106	$24,536	0.2%	$340.09	0.0%	COM	00724F101
UTHR	UNITED THERAPEUTICS CORP DEL	49,498	$24,118	0.2%	$465.69	0.0%	COM	91307C102
PEP	PEPSICO INC	164,280	$23,577	0.2%	$145.91	0.0%	COM	713448108
VRTX	VERTEX PHARMACEUTICALS INC	48,699	$22,078	0.2%	$431.03	0.0%	COM	92532F100
CEG	CONSTELLATION ENERGY CORP	62,142	$21,953	0.2%	$363.20	0.0%	COM	21037T109
VRT	VERTIV HOLDINGS CO	129,545	$20,988	0.1%	$173.58	0.0%	COM CL A	92537N108
IONS	IONIS PHARMACEUTICALS INC	261,820	$20,713	0.1%	$75.30	0.0%	COM	462222100
JBHT	HUNT J B TRANS SVCS INC	94,749	$18,414	0.1%	$171.51	0.0%	COM	445658107
SLB	SLB LIMITED	451,758	$17,338	0.1%	$36.06	0.0%	COM STK	806857108
PHM	PULTE GROUP INC	144,891	$16,990	0.1%	$122.44	0.0%	COM	745867101
IBKR	INTERACTIVE BROKERS GROUP IN	251,872	$16,198	0.1%	$66.89	0.0%	COM CL A	45841N107
NBIS	NEBIUS GROUP N.V.	176,892	$14,807	0.1%	$103.64	0.0%	SHS CLASS A	N97284108
FCNCA	FIRST CTZNS BANCSHARES INC D	6,862	$14,727	0.1%	$1883.58	0.0%	CL A	31946M103
MOD	MODINE MFG CO	105,869	$14,135	0.1%	$148.95	0.0%	COM	607828100
MCO	MOODYS CORP	25,463	$13,008	0.1%	$487.35	0.0%	COM	615369105
MDB	MONGODB INC	29,337	$12,312	0.1%	$363.83	0.0%	CL A	60937P106
APO	APOLLO GLOBAL MGMT INC	85,051	$12,312	0.1%	$132.57	0.0%	COM	03769M106
RCL	ROYAL CARIBBEAN GROUP	41,217	$11,496	0.1%	$281.58	0.0%	COM	V7780T103
EME	EMCOR GROUP INC	18,682	$11,429	0.1%	$647.50	0.0%	COM	29084Q100
NDAQ	NASDAQ INC	116,129	$11,280	0.1%	$89.74	0.0%	COM	631103108
GWRE	GUIDEWIRE SOFTWARE INC	27,598	$5,547	0.0%	$221.19	0.0%	COM	40171V100
ELV	ELEVANCE HEALTH INC FORMERLY	7,700	$2,699	0.0%	$336.70	0.0%	COM	036752103
MRSH	MARSH & MCLENNAN COS INC	14,200	$2,634	0.0%	$186.43	0.0%	COM	571748102
EMR	EMERSON ELEC CO	18,700	$2,482	0.0%	$132.37	0.0%	COM	291011104
MICC	MAGNUM ICE CREAM CO NV	152,972	$2,424	0.0%	$15.68	0.0%	ORD SHS	N5505D105
SHW	SHERWIN WILLIAMS CO	7,300	$2,365	0.0%	$334.11	0.0%	COM	824348106
GRMN	GARMIN LTD	10,400	$2,110	0.0%	$216.69	0.0%	SHS	H2906T109
BR	BROADRIDGE FINL SOLUTIONS IN	8,700	$1,942	0.0%	$227.30	0.0%	COM	11133T103
RBA	RB GLOBAL INC	17,600	$1,814	0.0%	$101.58	0.0%	COM	74935Q107
TSCO	TRACTOR SUPPLY CO	35,300	$1,765	0.0%	$53.71	0.0%	COM	892356106
MKC	MCCORMICK & CO INC	25,700	$1,750	0.0%	$65.92	0.0%	COM NON VTG	579780206
HPQ	HP INC	74,900	$1,669	0.0%	$25.25	0.0%	COM	40434L105

Increased Positions (68)

NFLX NETFLIX INC 0.6%

Value ($000) $85,495 (-62.8%) Shares 911,852 (+375.3%) Est. Cost $94.11 Unrealized +14.6%

LLY ELI LILLY & CO 1.8%

Value ($000) $252,694 (+89.7%) Shares 235,134 (+34.7%) Est. Cost $597.45 Unrealized +59.9%

CRM SALESFORCE INC 1.0%

Value ($000) $147,056 (+281.6%) Shares 555,116 (+241.4%) Est. Cost $249.12 Unrealized -0.4%

FCX FREEPORT-MCMORAN INC 0.8%

Value ($000) $115,825 (+988.9%) Shares 2,280,460 (+740.8%) Est. Cost $42.66 Unrealized +1.5%

B BARRICK MNG CORP 0.7%

Value ($000) $100,991 (+3770.9%) Shares 2,316,165 (+2813.4%) Est. Cost $37.00 Unrealized +1.1%

CSCO CISCO SYS INC 0.9%

Value ($000) $127,870 (+303.4%) Shares 1,660,003 (+258.3%) Est. Cost $69.86 Unrealized +5.6%

C CITIGROUP INC 0.9%

Value ($000) $132,726 (+247.1%) Shares 1,137,428 (+201.9%) Est. Cost $91.79 Unrealized +12.9%

LRCX LAM RESEARCH CORP 0.9%

Value ($000) $131,196 (+243.4%) Shares 766,421 (+168.6%) Est. Cost $126.18 Unrealized +23.1%

CIEN CIENA CORP 0.6%

Value ($000) $86,351 (+1552.4%) Shares 369,225 (+929.2%) Est. Cost $185.05 Unrealized +4.8%

NEE NEXTERA ENERGY INC 0.8%

Value ($000) $109,031 (+259.4%) Shares 1,358,134 (+238.0%) Est. Cost $79.46 Unrealized +3.8%

JNJ JOHNSON & JOHNSON 1.2%

Value ($000) $176,362 (+63.7%) Shares 852,198 (+46.7%) Est. Cost $168.96 Unrealized +16.6%

PM PHILIP MORRIS INTL INC 0.8%

Value ($000) $116,705 (+133.4%) Shares 727,590 (+136.0%) Est. Cost $135.13 Unrealized +13.7%

MCD MCDONALDS CORP 0.4%

Value ($000) $62,006 (+2358.3%) Shares 202,880 (+2344.3%) Est. Cost $304.60 Unrealized +0.2%

CAH CARDINAL HEALTH INC 0.4%

Value ($000) $60,678 (+1956.3%) Shares 295,268 (+1470.6%) Est. Cost $183.75 Unrealized +2.2%

VTR VENTAS INC 0.4%

Value ($000) $62,712 (+741.8%) Shares 810,445 (+661.4%) Est. Cost $71.32 Unrealized +5.1%

V VISA INC 1.5%

Value ($000) $223,221 (+31.7%) Shares 636,484 (+28.2%) Est. Cost $262.62 Unrealized +29.6%

MMM 3M CO 0.3%

Value ($000) $49,948 (+2031.6%) Shares 311,982 (+1966.1%) Est. Cost $162.69 Unrealized +0.3%

UNP UNION PAC CORP 0.3%

Value ($000) $48,026 (+1621.9%) Shares 207,615 (+1659.4%) Est. Cost $227.08 Unrealized +0.1%

BK BANK NEW YORK MELLON CORP 0.5%

Value ($000) $68,326 (+185.8%) Shares 588,557 (+168.2%) Est. Cost $96.87 Unrealized +14.1%

RTX RTX CORPORATION 1.0%

Value ($000) $137,108 (+46.3%) Shares 747,591 (+33.5%) Est. Cost $136.94 Unrealized +26.6%

EXPD EXPEDITORS INTL WASH INC 0.3%

Value ($000) $44,508 (+2650.5%) Shares 298,692 (+2162.8%) Est. Cost $134.83 Unrealized +0.6%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.8%

Value ($000) $111,354 (+50.2%) Shares 221,533 (+50.3%) Est. Cost $444.12 Unrealized +12.0%

QCOM QUALCOMM INC 0.3%

Value ($000) $38,633 (+1406.3%) Shares 225,857 (+1365.0%) Est. Cost $169.38 Unrealized +0.8%

AVGO BROADCOM INC 2.3%

Value ($000) $335,508 (+11.4%) Shares 969,395 (+6.2%) Est. Cost $163.34 Unrealized +118.6%

GILD GILEAD SCIENCES INC 0.3%

Value ($000) $37,775 (+1008.5%) Shares 307,765 (+902.5%) Est. Cost $117.07 Unrealized +3.3%

BA BOEING CO 0.8%

Value ($000) $113,858 (+41.6%) Shares 524,402 (+40.7%) Est. Cost $193.74 Unrealized +6.2%

EXE EXPAND ENERGY CORPORATION 0.5%

Value ($000) $67,242 (+98.5%) Shares 609,299 (+91.1%) Est. Cost $105.60 Unrealized +4.8%

WMT WALMART INC 1.3%

Value ($000) $184,161 (+20.2%) Shares 1,653,001 (+11.1%) Est. Cost $79.22 Unrealized +35.3%

EL LAUDER ESTEE COS INC 0.5%

Value ($000) $75,713 (+49.5%) Shares 723,005 (+25.8%) Est. Cost $90.19 Unrealized +7.3%

LOW LOWES COS INC 0.2%

Value ($000) $26,711 (+809.9%) Shares 110,760 (+848.2%) Est. Cost $240.29 Unrealized -0.2%

NSC NORFOLK SOUTHN CORP 0.2%

Value ($000) $25,860 (+1032.7%) Shares 89,569 (+1078.5%) Est. Cost $287.55 Unrealized +0.4%

LIN LINDE PLC 0.3%

Value ($000) $39,389 (+140.7%) Shares 92,379 (+168.2%) Est. Cost $421.30 Unrealized +1.4%

AON AON PLC 0.3%

Value ($000) $44,071 (+91.0%) Shares 124,889 (+93.0%) Est. Cost $355.55 Unrealized -1.8%

IBM INTERNATIONAL BUSINESS MACHS 0.9%

Value ($000) $131,405 (+16.7%) Shares 443,622 (+11.2%) Est. Cost $235.37 Unrealized +26.9%

FER FERROVIAL SE 0.2%

Value ($000) $25,524 (+253.4%) Shares 392,840 (+211.2%) Est. Cost $57.06 Unrealized +11.6%

DD DUPONT DE NEMOURS INC 0.5%

Value ($000) $65,020 (-21.6%) Shares 1,617,414 (+51.9%) Est. Cost $33.28 Unrealized +12.4%

STLA STELLANTIS N.V 0.2%

Value ($000) $23,157 (+241.8%) Shares 2,084,816 (+183.8%) Est. Cost $11.31 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.7%

Value ($000) $102,724 (+17.9%) Shares 577,910 (+21.0%) Est. Cost $135.11 Unrealized +34.0%

ECL ECOLAB INC 0.1%

Value ($000) $16,708 (+444.7%) Shares 63,644 (+468.3%) Est. Cost $262.49 Unrealized +1.2%

XOM EXXON MOBIL CORP 0.7%

Value ($000) $107,026 (+14.0%) Shares 889,361 (+6.8%) Est. Cost $100.81 Unrealized +14.6%

UBS UBS GROUP AG 0.3%

Value ($000) $39,630 (+48.2%) Shares 850,286 (+29.7%) Est. Cost $29.59 Unrealized +36.6%

AER AERCAP HOLDINGS NV 0.2%

Value ($000) $35,071 (+49.4%) Shares 243,957 (+25.8%) Est. Cost $108.07 Unrealized +22.6%

NRG NRG ENERGY INC 0.5%

Value ($000) $67,075 (+14.9%) Shares 421,222 (+16.9%) Est. Cost $123.34 Unrealized +34.0%

WELL WELLTOWER INC 0.3%

Value ($000) $37,344 (+28.0%) Shares 201,194 (+22.9%) Est. Cost $148.90 Unrealized +25.2%

CBRE CBRE GROUP INC 0.2%

Value ($000) $33,265 (+31.9%) Shares 206,882 (+29.2%) Est. Cost $133.42 Unrealized +17.8%

WFC WELLS FARGO CO NEW 0.4%

Value ($000) $59,553 (+12.6%) Shares 638,978 (+1.3%) Est. Cost $66.92 Unrealized +29.4%

DB DEUTSCHE BANK A G 0.2%

Value ($000) $22,970 (+33.1%) Shares 590,902 (+20.3%) Est. Cost $32.52 Unrealized +11.0%

AAXJ ISHARES TR 0.1%

Value ($000) $13,864 (+52.5%) Shares 148,390 (+51.7%) Est. Cost $87.63 Unrealized —

PLD PROLOGIS INC. 0.3%

Value ($000) $36,877 (+14.5%) Shares 288,870 (+2.7%) Est. Cost $108.70 Unrealized +13.9%

COIN COINBASE GLOBAL INC 0.1%

Value ($000) $9,639 (-32.2%) Shares 42,622 (+1.1%) Est. Cost $234.49 Unrealized +27.1%

AXP AMERICAN EXPRESS CO 0.3%

Value ($000) $40,371 (+12.6%) Shares 109,125 (+1.1%) Est. Cost $316.99 Unrealized +12.6%

SRE SEMPRA 0.3%

Value ($000) $37,993 (+13.1%) Shares 430,324 (+15.2%) Est. Cost $74.96 Unrealized +20.8%

HOOD ROBINHOOD MKTS INC 0.1%

Value ($000) $17,272 (-20.1%) Shares 152,710 (+1.1%) Est. Cost $59.97 Unrealized +116.9%

ALC ALCON AG 0.1%

Value ($000) $8,051 (+80.4%) Shares 100,895 (+68.0%) Est. Cost $74.88 Unrealized +2.8%

SCHW SCHWAB CHARLES CORP 0.2%

Value ($000) $35,979 (+10.6%) Shares 360,118 (+5.7%) Est. Cost $83.77 Unrealized +13.1%

FLJP FRANKLIN TEMPLETON ETF TR 0.0%

Value ($000) $5,583 (+136.1%) Shares 161,441 (+140.4%) Est. Cost $34.84 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.0%

Value ($000) $5,861 (+98.7%) Shares 143,900 (+114.5%) Est. Cost $41.42 Unrealized -2.3%

MCHI ISHARES TR 0.0%

Value ($000) $4,574 (+130.5%) Shares 75,500 (+150.4%) Est. Cost $59.34 Unrealized —

CI THE CIGNA GROUP 0.0%

Value ($000) $4,596 (+109.8%) Shares 16,700 (+119.7%) Est. Cost $285.59 Unrealized -2.2%

SYY SYSCO CORP 0.0%

Value ($000) $3,360 (+130.6%) Shares 45,600 (+157.6%) Est. Cost $75.59 Unrealized -0.1%

TROW PRICE T ROWE GROUP INC 0.0%

Value ($000) $2,877 (+174.8%) Shares 28,100 (+175.5%) Est. Cost $106.60 Unrealized -4.1%

ALNY ALNYLAM PHARMACEUTICALS INC 0.1%

Value ($000) $12,058 (-11.8%) Shares 30,322 (+1.1%) Est. Cost $278.53 Unrealized +58.9%

WSM WILLIAMS SONOMA INC 0.0%

Value ($000) $3,304 (+92.1%) Shares 18,500 (+110.2%) Est. Cost $188.71 Unrealized -0.8%

MA MASTERCARD INCORPORATED 0.7%

Value ($000) $101,984 (+1.5%) Shares 178,643 (+1.1%) Est. Cost $322.17 Unrealized +73.5%

OMC OMNICOM GROUP INC 0.0%

Value ($000) $2,284 (+124.1%) Shares 28,289 (+126.3%) Est. Cost $72.76 Unrealized +4.1%

HDB HDFC BANK LTD 0.1%

Value ($000) $13,722 (+8.2%) Shares 375,539 (+1.1%) Est. Cost $43.47 Unrealized —

BKR BAKER HUGHES COMPANY 0.1%

Value ($000) $16,144 (-5.5%) Shares 354,509 (+1.1%) Est. Cost $43.87 Unrealized +7.9%

BN BROOKFIELD CORP 0.2%

Value ($000) $25,793 (+1.0%) Shares 561,220 (+50.7%) Est. Cost $37.90 Unrealized +20.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NFLX	NETFLIX INC	911,852 (+375.3%)	$85,495 (-62.8%)	0.6%	$94.11	+14.6%	COM	64110L106
LLY	ELI LILLY & CO	235,134 (+34.7%)	$252,694 (+89.7%)	1.8%	$597.45	+59.9%	COM	532457108
CRM	SALESFORCE INC	555,116 (+241.4%)	$147,056 (+281.6%)	1.0%	$249.12	-0.4%	COM	79466L302
FCX	FREEPORT-MCMORAN INC	2,280,460 (+740.8%)	$115,825 (+988.9%)	0.8%	$42.66	+1.5%	CL B	35671D857
B	BARRICK MNG CORP	2,316,165 (+2813.4%)	$100,991 (+3770.9%)	0.7%	$37.00	+1.1%	COM SHS	06849F108
CSCO	CISCO SYS INC	1,660,003 (+258.3%)	$127,870 (+303.4%)	0.9%	$69.86	+5.6%	COM	17275R102
C	CITIGROUP INC	1,137,428 (+201.9%)	$132,726 (+247.1%)	0.9%	$91.79	+12.9%	COM NEW	172967424
LRCX	LAM RESEARCH CORP	766,421 (+168.6%)	$131,196 (+243.4%)	0.9%	$126.18	+23.1%	COM NEW	512807306
CIEN	CIENA CORP	369,225 (+929.2%)	$86,351 (+1552.4%)	0.6%	$185.05	+4.8%	COM NEW	171779309
NEE	NEXTERA ENERGY INC	1,358,134 (+238.0%)	$109,031 (+259.4%)	0.8%	$79.46	+3.8%	COM	65339F101
JNJ	JOHNSON & JOHNSON	852,198 (+46.7%)	$176,362 (+63.7%)	1.2%	$168.96	+16.6%	COM	478160104
PM	PHILIP MORRIS INTL INC	727,590 (+136.0%)	$116,705 (+133.4%)	0.8%	$135.13	+13.7%	COM	718172109
MCD	MCDONALDS CORP	202,880 (+2344.3%)	$62,006 (+2358.3%)	0.4%	$304.60	+0.2%	COM	580135101
CAH	CARDINAL HEALTH INC	295,268 (+1470.6%)	$60,678 (+1956.3%)	0.4%	$183.75	+2.2%	COM	14149Y108
VTR	VENTAS INC	810,445 (+661.4%)	$62,712 (+741.8%)	0.4%	$71.32	+5.1%	COM	92276F100
V	VISA INC	636,484 (+28.2%)	$223,221 (+31.7%)	1.5%	$262.62	+29.6%	COM CL A	92826C839
MMM	3M CO	311,982 (+1966.1%)	$49,948 (+2031.6%)	0.3%	$162.69	+0.3%	COM	88579Y101
UNP	UNION PAC CORP	207,615 (+1659.4%)	$48,026 (+1621.9%)	0.3%	$227.08	+0.1%	COM	907818108
BK	BANK NEW YORK MELLON CORP	588,557 (+168.2%)	$68,326 (+185.8%)	0.5%	$96.87	+14.1%	COM	064058100
RTX	RTX CORPORATION	747,591 (+33.5%)	$137,108 (+46.3%)	1.0%	$136.94	+26.6%	COM	75513E101
EXPD	EXPEDITORS INTL WASH INC	298,692 (+2162.8%)	$44,508 (+2650.5%)	0.3%	$134.83	+0.6%	COM	302130109
BRK/B	BERKSHIRE HATHAWAY INC DEL	221,533 (+50.3%)	$111,354 (+50.2%)	0.8%	$444.12	+12.0%	CL B NEW	084670702
QCOM	QUALCOMM INC	225,857 (+1365.0%)	$38,633 (+1406.3%)	0.3%	$169.38	+0.8%	COM	747525103
AVGO	BROADCOM INC	969,395 (+6.2%)	$335,508 (+11.4%)	2.3%	$163.34	+118.6%	COM	11135F101
GILD	GILEAD SCIENCES INC	307,765 (+902.5%)	$37,775 (+1008.5%)	0.3%	$117.07	+3.3%	COM	375558103
BA	BOEING CO	524,402 (+40.7%)	$113,858 (+41.6%)	0.8%	$193.74	+6.2%	COM	097023105
EXE	EXPAND ENERGY CORPORATION	609,299 (+91.1%)	$67,242 (+98.5%)	0.5%	$105.60	+4.8%	COM	165167735
WMT	WALMART INC	1,653,001 (+11.1%)	$184,161 (+20.2%)	1.3%	$79.22	+35.3%	COM	931142103
EL	LAUDER ESTEE COS INC	723,005 (+25.8%)	$75,713 (+49.5%)	0.5%	$90.19	+7.3%	CL A	518439104
LOW	LOWES COS INC	110,760 (+848.2%)	$26,711 (+809.9%)	0.2%	$240.29	-0.2%	COM	548661107
NSC	NORFOLK SOUTHN CORP	89,569 (+1078.5%)	$25,860 (+1032.7%)	0.2%	$287.55	+0.4%	COM	655844108
LIN	LINDE PLC	92,379 (+168.2%)	$39,389 (+140.7%)	0.3%	$421.30	+1.4%	SHS	G54950103
AON	AON PLC	124,889 (+93.0%)	$44,071 (+91.0%)	0.3%	$355.55	-1.8%	SHS CL A	G0403H108
IBM	INTERNATIONAL BUSINESS MACHS	443,622 (+11.2%)	$131,405 (+16.7%)	0.9%	$235.37	+26.9%	COM	459200101
FER	FERROVIAL SE	392,840 (+211.2%)	$25,524 (+253.4%)	0.2%	$57.06	+11.6%	ORD SHS	N3168P101
DD	DUPONT DE NEMOURS INC	1,617,414 (+51.9%)	$65,020 (-21.6%)	0.5%	$33.28	+12.4%	COM	26614N102
STLA	STELLANTIS N.V	2,084,816 (+183.8%)	$23,157 (+241.8%)	0.2%	$11.31	—	SHS	N82405106
PLTR	PALANTIR TECHNOLOGIES INC	577,910 (+21.0%)	$102,724 (+17.9%)	0.7%	$135.11	+34.0%	CL A	69608A108
ECL	ECOLAB INC	63,644 (+468.3%)	$16,708 (+444.7%)	0.1%	$262.49	+1.2%	COM	278865100
XOM	EXXON MOBIL CORP	889,361 (+6.8%)	$107,026 (+14.0%)	0.7%	$100.81	+14.6%	COM	30231G102
UBS	UBS GROUP AG	850,286 (+29.7%)	$39,630 (+48.2%)	0.3%	$29.59	+36.6%	SHS	H42097107
AER	AERCAP HOLDINGS NV	243,957 (+25.8%)	$35,071 (+49.4%)	0.2%	$108.07	+22.6%	SHS	N00985106
NRG	NRG ENERGY INC	421,222 (+16.9%)	$67,075 (+14.9%)	0.5%	$123.34	+34.0%	COM NEW	629377508
WELL	WELLTOWER INC	201,194 (+22.9%)	$37,344 (+28.0%)	0.3%	$148.90	+25.2%	COM	95040Q104
CBRE	CBRE GROUP INC	206,882 (+29.2%)	$33,265 (+31.9%)	0.2%	$133.42	+17.8%	CL A	12504L109
WFC	WELLS FARGO CO NEW	638,978 (+1.3%)	$59,553 (+12.6%)	0.4%	$66.92	+29.4%	COM	949746101
DB	DEUTSCHE BANK A G	590,902 (+20.3%)	$22,970 (+33.1%)	0.2%	$32.52	+11.0%	NAMEN AKT	D18190898
AAXJ	ISHARES TR	148,390 (+51.7%)	$13,864 (+52.5%)	0.1%	$87.63	—	MSCI AC ASIA ETF	464288182
PLD	PROLOGIS INC.	288,870 (+2.7%)	$36,877 (+14.5%)	0.3%	$108.70	+13.9%	COM	74340W103
COIN	COINBASE GLOBAL INC	42,622 (+1.1%)	$9,639 (-32.2%)	0.1%	$234.49	+27.1%	COM CL A	19260Q107
AXP	AMERICAN EXPRESS CO	109,125 (+1.1%)	$40,371 (+12.6%)	0.3%	$316.99	+12.6%	COM	025816109
SRE	SEMPRA	430,324 (+15.2%)	$37,993 (+13.1%)	0.3%	$74.96	+20.8%	COM	816851109
HOOD	ROBINHOOD MKTS INC	152,710 (+1.1%)	$17,272 (-20.1%)	0.1%	$59.97	+116.9%	COM CL A	770700102
ALC	ALCON AG	100,895 (+68.0%)	$8,051 (+80.4%)	0.1%	$74.88	+2.8%	ORD SHS	H01301128
SCHW	SCHWAB CHARLES CORP	360,118 (+5.7%)	$35,979 (+10.6%)	0.2%	$83.77	+13.1%	COM	808513105
FLJP	FRANKLIN TEMPLETON ETF TR	161,441 (+140.4%)	$5,583 (+136.1%)	0.0%	$34.84	—	FTSE JAPAN ETF	35473P744
VZ	VERIZON COMMUNICATIONS INC	143,900 (+114.5%)	$5,861 (+98.7%)	0.0%	$41.42	-2.3%	COM	92343V104
MCHI	ISHARES TR	75,500 (+150.4%)	$4,574 (+130.5%)	0.0%	$59.34	—	MSCI CHINA ETF	46429B671
CI	THE CIGNA GROUP	16,700 (+119.7%)	$4,596 (+109.8%)	0.0%	$285.59	-2.2%	COM	125523100
SYY	SYSCO CORP	45,600 (+157.6%)	$3,360 (+130.6%)	0.0%	$75.59	-0.1%	COM	871829107
TROW	PRICE T ROWE GROUP INC	28,100 (+175.5%)	$2,877 (+174.8%)	0.0%	$106.60	-4.1%	COM	74144T108
ALNY	ALNYLAM PHARMACEUTICALS INC	30,322 (+1.1%)	$12,058 (-11.8%)	0.1%	$278.53	+58.9%	COM	02043Q107
WSM	WILLIAMS SONOMA INC	18,500 (+110.2%)	$3,304 (+92.1%)	0.0%	$188.71	-0.8%	COM	969904101
MA	MASTERCARD INCORPORATED	178,643 (+1.1%)	$101,984 (+1.5%)	0.7%	$322.17	+73.5%	CL A	57636Q104
OMC	OMNICOM GROUP INC	28,289 (+126.3%)	$2,284 (+124.1%)	0.0%	$72.76	+4.1%	COM	681919106
HDB	HDFC BANK LTD	375,539 (+1.1%)	$13,722 (+8.2%)	0.1%	$43.47	—	SPONSORED ADS	40415F101
BKR	BAKER HUGHES COMPANY	354,509 (+1.1%)	$16,144 (-5.5%)	0.1%	$43.87	+7.9%	CL A	05722G100
BN	BROOKFIELD CORP	561,220 (+50.7%)	$25,793 (+1.0%)	0.2%	$37.90	+20.2%	CL A LTD VT SH	11271J107

Exited Positions (50)

BNS Bank of Nova Scotia/The 1.0%

Value ($000) $138,394 Shares 2,142,038 Est. Cost $58.93 Unrealized +15.3%

HWM Howmet Aerospace Inc 0.9%

Value ($000) $132,959 Shares 677,567 Est. Cost $117.62 Unrealized +69.2%

STX Seagate Technology Holdings PLC 0.9%

Value ($000) $126,008 Shares 533,797 Est. Cost $102.43 Unrealized +152.8%

UBER Uber Technologies Inc 0.9%

Value ($000) $123,252 Shares 1,258,057 Est. Cost $82.57 Unrealized +9.1%

WYNN Wynn Resorts Ltd 0.8%

Value ($000) $110,213 Shares 859,229 Est. Cost $115.07 Unrealized +7.4%

AXON Axon Enterprise Inc 0.7%

Value ($000) $98,656 Shares 137,473 Est. Cost $376.15 Unrealized +65.0%

MET MetLife Inc 0.6%

Value ($000) $83,779 Shares 1,017,104 Est. Cost $77.91 Unrealized +1.3%

CRWV CoreWeave Inc 0.6%

Value ($000) $82,409 Shares 602,187 Est. Cost $118.31 Unrealized -14.3%

SNOW Snowflake Inc 0.5%

Value ($000) $72,136 Shares 319,822 Est. Cost $183.49 Unrealized +33.0%

DHI DR Horton Inc 0.5%

Value ($000) $72,027 Shares 425,012 Est. Cost $156.63 Unrealized -2.9%

FAST Fastenal Co 0.5%

Value ($000) $70,726 Shares 1,442,212 Est. Cost $46.94 Unrealized -10.5%

CNM Core & Main Inc 0.5%

Value ($000) $67,284 Shares 1,249,927 Est. Cost $60.57 Unrealized -15.3%

SPOT Spotify Technology SA 0.4%

Value ($000) $58,563 Shares 83,969 Est. Cost $478.29 Unrealized +30.7%

TLN Talen Energy Corp 0.4%

Value ($000) $56,493 Shares 132,807 Est. Cost $292.88 Unrealized +32.7%

XYL Xylem Inc/NY 0.3%

Value ($000) $45,172 Shares 306,254 Est. Cost $138.06 Unrealized +4.0%

DASH DoorDash Inc 0.3%

Value ($000) $40,231 Shares 147,912 Est. Cost $200.58 Unrealized +16.9%

URI United Rentals Inc 0.3%

Value ($000) $40,026 Shares 41,927 Est. Cost $870.65 Unrealized -0.4%

DUK Duke Energy Corp 0.3%

Value ($000) $36,455 Shares 294,586 Est. Cost $108.62 Unrealized +11.9%

PFE Pfizer Inc 0.3%

Value ($000) $36,146 Shares 1,418,616 Est. Cost $24.14 Unrealized +3.7%

EFX Equifax Inc 0.2%

Value ($000) $36,028 Shares 140,444 Est. Cost $250.41 Unrealized -12.7%

BLDR Builders FirstSource Inc 0.2%

Value ($000) $26,512 Shares 218,654 Est. Cost $132.67 Unrealized -15.3%

DLR Digital Realty Trust Inc 0.2%

Value ($000) $24,041 Shares 139,060 Est. Cost $164.23 Unrealized -0.7%

UMBF UMB Financial Corp 0.2%

Value ($000) $21,635 Shares 182,803 Est. Cost $115.25 Unrealized -1.7%

SPG Simon Property Group Inc 0.1%

Value ($000) $18,291 Shares 97,464 Est. Cost $169.06 Unrealized +6.5%

EXR Extra Space Storage Inc 0.1%

Value ($000) $16,348 Shares 115,993 Est. Cost $140.62 Unrealized -4.0%

ZETA Zeta Global Holdings Corp 0.1%

Value ($000) $12,542 Shares 631,197 Est. Cost $17.96 Unrealized +4.0%

CDNS Cadence Design Systems Inc 0.0%

Value ($000) $5,079 Shares 14,458 Est. Cost $344.03 Unrealized -5.1%

FIX Comfort Systems USA Inc 0.0%

Value ($000) $4,071 Shares 4,934 Est. Cost $434.87 Unrealized +112.2%

BWXT BWX Technologies Inc 0.0%

Value ($000) $3,638 Shares 19,734 Est. Cost $123.70 Unrealized +51.5%

UI Ubiquiti Inc 0.0%

Value ($000) $2,708 Shares 4,100 Est. Cost $499.23 Unrealized +26.7%

TMDX TransMedics Group Inc 0.0%

Value ($000) $2,356 Shares 20,995 Est. Cost $117.06 Unrealized +7.2%

JCI Johnson Controls International plc 0.0%

Value ($000) $2,221 Shares 20,200 Est. Cost $51.79 Unrealized +121.7%

CVS CVS Health Corp 0.0%

Value ($000) $1,998 Shares 26,500 Est. Cost $70.82 Unrealized +11.1%

— Kellanova 0.0%

Value ($000) $1,845 Shares 22,500 Est. Cost $78.61 Unrealized +5.1%

ITT ITT Inc 0.0%

Value ($000) $1,823 Shares 10,200 Est. Cost $124.02 Unrealized +44.5%

ALV Autoliv Inc 0.0%

Value ($000) $1,815 Shares 14,700 Est. Cost $93.44 Unrealized +27.8%

PBA Pembina Pipeline Corp 0.0%

Value ($000) $1,806 Shares 44,700 Est. Cost $37.73 Unrealized +1.9%

RGLD Royal Gold Inc 0.0%

Value ($000) $1,805 Shares 9,000 Est. Cost $144.33 Unrealized +37.4%

PPG PPG Industries Inc 0.0%

Value ($000) $1,671 Shares 15,900 Est. Cost $109.99 Unrealized -9.0%

KVUE Kenvue Inc 0.0%

Value ($000) $1,487 Shares 91,600 Est. Cost $21.68 Unrealized -25.0%

BALL Ball Corp 0.0%

Value ($000) $1,402 Shares 27,800 Est. Cost $53.70 Unrealized -8.6%

HOMB Home BancShares Inc/AR 0.0%

Value ($000) $1,302 Shares 46,000 Est. Cost $29.24 Unrealized -5.2%

— Interpublic Group of Cos Inc/The 0.0%

Value ($000) $1,281 Shares 45,900 Est. Cost $30.34 Unrealized -14.4%

OC Owens Corning 0.0%

Value ($000) $1,273 Shares 9,000 Est. Cost $152.55 Unrealized -23.1%

MZTI Marzetti Company/The 0.0%

Value ($000) $1,244 Shares 7,200 Est. Cost $180.31 Unrealized -7.4%

KTB Kontoor Brands Inc 0.0%

Value ($000) $1,117 Shares 14,000 Est. Cost $77.48 Unrealized -4.2%

ILF ISHARES LATIN AMERICA 40 ETF 0.0%

Value ($000) $1,036 Shares 37,241 Est. Cost $27.82 Unrealized —

LKQ LKQ Corp 0.0%

Value ($000) $852 Shares 27,900 Est. Cost $49.84 Unrealized -39.8%

EMN Eastman Chemical Co 0.0%

Value ($000) $826 Shares 13,100 Est. Cost $97.31 Unrealized -37.3%

— QIAGEN NV 0.0%

Value ($000) $213 Shares 4,813 Est. Cost $39.65 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BNS	Bank of Nova Scotia/The	2,142,038	$138,394	1.0%	$58.93	+15.3%	—	064149107
HWM	Howmet Aerospace Inc	677,567	$132,959	0.9%	$117.62	+69.2%	—	443201108
STX	Seagate Technology Holdings PLC	533,797	$126,008	0.9%	$102.43	+152.8%	—	G7997R103
UBER	Uber Technologies Inc	1,258,057	$123,252	0.9%	$82.57	+9.1%	—	90353T100
WYNN	Wynn Resorts Ltd	859,229	$110,213	0.8%	$115.07	+7.4%	—	983134107
AXON	Axon Enterprise Inc	137,473	$98,656	0.7%	$376.15	+65.0%	—	05464C101
MET	MetLife Inc	1,017,104	$83,779	0.6%	$77.91	+1.3%	—	59156R108
CRWV	CoreWeave Inc	602,187	$82,409	0.6%	$118.31	-14.3%	—	21873S108
SNOW	Snowflake Inc	319,822	$72,136	0.5%	$183.49	+33.0%	—	833445109
DHI	DR Horton Inc	425,012	$72,027	0.5%	$156.63	-2.9%	—	23331A109
FAST	Fastenal Co	1,442,212	$70,726	0.5%	$46.94	-10.5%	—	311900104
CNM	Core & Main Inc	1,249,927	$67,284	0.5%	$60.57	-15.3%	—	21874C102
SPOT	Spotify Technology SA	83,969	$58,563	0.4%	$478.29	+30.7%	—	L8681T102
TLN	Talen Energy Corp	132,807	$56,493	0.4%	$292.88	+32.7%	—	87422Q109
XYL	Xylem Inc/NY	306,254	$45,172	0.3%	$138.06	+4.0%	—	98419M100
DASH	DoorDash Inc	147,912	$40,231	0.3%	$200.58	+16.9%	—	25809K105
URI	United Rentals Inc	41,927	$40,026	0.3%	$870.65	-0.4%	—	911363109
DUK	Duke Energy Corp	294,586	$36,455	0.3%	$108.62	+11.9%	—	26441C204
PFE	Pfizer Inc	1,418,616	$36,146	0.3%	$24.14	+3.7%	—	717081103
EFX	Equifax Inc	140,444	$36,028	0.2%	$250.41	-12.7%	—	294429105
BLDR	Builders FirstSource Inc	218,654	$26,512	0.2%	$132.67	-15.3%	—	12008R107
DLR	Digital Realty Trust Inc	139,060	$24,041	0.2%	$164.23	-0.7%	—	253868103
UMBF	UMB Financial Corp	182,803	$21,635	0.2%	$115.25	-1.7%	—	902788108
SPG	Simon Property Group Inc	97,464	$18,291	0.1%	$169.06	+6.5%	—	828806109
EXR	Extra Space Storage Inc	115,993	$16,348	0.1%	$140.62	-4.0%	—	30225T102
ZETA	Zeta Global Holdings Corp	631,197	$12,542	0.1%	$17.96	+4.0%	—	98956A105
CDNS	Cadence Design Systems Inc	14,458	$5,079	0.0%	$344.03	-5.1%	—	127387108
FIX	Comfort Systems USA Inc	4,934	$4,071	0.0%	$434.87	+112.2%	—	199908104
BWXT	BWX Technologies Inc	19,734	$3,638	0.0%	$123.70	+51.5%	—	05605H100
UI	Ubiquiti Inc	4,100	$2,708	0.0%	$499.23	+26.7%	—	90353W103
TMDX	TransMedics Group Inc	20,995	$2,356	0.0%	$117.06	+7.2%	—	89377M109
JCI	Johnson Controls International plc	20,200	$2,221	0.0%	$51.79	+121.7%	—	G51502105
CVS	CVS Health Corp	26,500	$1,998	0.0%	$70.82	+11.1%	—	126650100
—	Kellanova	22,500	$1,845	0.0%	$78.61	+5.1%	—	487836108
ITT	ITT Inc	10,200	$1,823	0.0%	$124.02	+44.5%	—	45073V108
ALV	Autoliv Inc	14,700	$1,815	0.0%	$93.44	+27.8%	—	052800109
PBA	Pembina Pipeline Corp	44,700	$1,806	0.0%	$37.73	+1.9%	—	706327103
RGLD	Royal Gold Inc	9,000	$1,805	0.0%	$144.33	+37.4%	—	780287108
PPG	PPG Industries Inc	15,900	$1,671	0.0%	$109.99	-9.0%	—	693506107
KVUE	Kenvue Inc	91,600	$1,487	0.0%	$21.68	-25.0%	—	49177J102
BALL	Ball Corp	27,800	$1,402	0.0%	$53.70	-8.6%	—	058498106
HOMB	Home BancShares Inc/AR	46,000	$1,302	0.0%	$29.24	-5.2%	—	436893200
—	Interpublic Group of Cos Inc/The	45,900	$1,281	0.0%	$30.34	-14.4%	—	460690100
OC	Owens Corning	9,000	$1,273	0.0%	$152.55	-23.1%	—	690742101
MZTI	Marzetti Company/The	7,200	$1,244	0.0%	$180.31	-7.4%	—	513847103
KTB	Kontoor Brands Inc	14,000	$1,117	0.0%	$77.48	-4.2%	—	50050N103
ILF	ISHARES LATIN AMERICA 40 ETF	37,241	$1,036	0.0%	$27.82	—	—	464287390
LKQ	LKQ Corp	27,900	$852	0.0%	$49.84	-39.8%	—	501889208
EMN	Eastman Chemical Co	13,100	$826	0.0%	$97.31	-37.3%	—	277432100
—	QIAGEN NV	4,813	$213	0.0%	$39.65	—	—	N72482206

Decreased Positions (59)

META META PLATFORMS INC 2.1%

Value ($000) $305,445 (-37.6%) Shares 462,732 (-30.6%) Est. Cost $211.24 Unrealized +215.9%

APP APPLOVIN CORP 0.3%

Value ($000) $38,718 (-80.6%) Shares 57,460 (-79.3%) Est. Cost $461.14 Unrealized +36.6%

BAC BANK AMERICA CORP 0.6%

Value ($000) $81,208 (-58.0%) Shares 1,476,507 (-60.6%) Est. Cost $35.81 Unrealized +47.1%

MSFT MICROSOFT CORP 5.1%

Value ($000) $729,866 (-12.7%) Shares 1,509,172 (-6.5%) Est. Cost $199.09 Unrealized +151.4%

GE GE AEROSPACE 0.4%

Value ($000) $63,872 (-61.4%) Shares 207,355 (-62.3%) Est. Cost $149.46 Unrealized +101.3%

IDXX IDEXX LABS INC 0.3%

Value ($000) $44,563 (-69.0%) Shares 65,870 (-70.7%) Est. Cost $606.98 Unrealized +12.2%

ABBV ABBVIE INC 0.6%

Value ($000) $86,869 (-53.0%) Shares 380,189 (-52.4%) Est. Cost $171.71 Unrealized +32.5%

NKE NIKE INC 0.1%

Value ($000) $9,400 (-90.4%) Shares 147,545 (-89.5%) Est. Cost $73.79 Unrealized -12.0%

ORCL ORACLE CORP 0.1%

Value ($000) $14,605 (-85.7%) Shares 74,933 (-79.4%) Est. Cost $113.48 Unrealized +109.8%

CFG CITIZENS FINL GROUP INC 0.3%

Value ($000) $40,775 (-63.2%) Shares 698,077 (-66.5%) Est. Cost $46.70 Unrealized +14.8%

T AT&T INC 0.0%

Value ($000) $3,135 (-95.5%) Shares 126,200 (-94.8%) Est. Cost $23.43 Unrealized +7.9%

UNH UNITEDHEALTH GROUP INC 0.4%

Value ($000) $64,301 (-50.1%) Shares 194,786 (-47.8%) Est. Cost $415.07 Unrealized -18.8%

HD HOME DEPOT INC 0.5%

Value ($000) $76,243 (-44.4%) Shares 221,572 (-34.6%) Est. Cost $387.35 Unrealized -5.9%

HCA HCA HEALTHCARE INC 0.4%

Value ($000) $56,912 (-50.5%) Shares 121,904 (-54.8%) Est. Cost $384.71 Unrealized +20.5%

SYK STRYKER CORPORATION 0.0%

Value ($000) $3,058 (-94.7%) Shares 8,700 (-94.4%) Est. Cost $301.98 Unrealized +20.4%

GS GOLDMAN SACHS GROUP INC 0.4%

Value ($000) $55,713 (-49.5%) Shares 63,382 (-54.2%) Est. Cost $505.92 Unrealized +60.8%

REGN REGENERON PHARMACEUTICALS 0.2%

Value ($000) $31,502 (-62.6%) Shares 40,812 (-72.8%) Est. Cost $563.04 Unrealized +20.5%

GOOGL ALPHABET INC 5.1%

Value ($000) $740,907 (+7.5%) Shares 2,367,115 (-16.5%) Est. Cost $131.24 Unrealized +117.6%

GEV GE VERNOVA INC 0.5%

Value ($000) $69,959 (-42.1%) Shares 107,041 (-45.5%) Est. Cost $415.97 Unrealized +46.4%

HIG HARTFORD INSURANCE GROUP INC 0.4%

Value ($000) $56,823 (-46.7%) Shares 412,361 (-48.5%) Est. Cost $125.92 Unrealized +4.5%

TPR TAPESTRY INC 0.4%

Value ($000) $64,283 (-43.4%) Shares 503,112 (-49.9%) Est. Cost $76.58 Unrealized +48.9%

APH AMPHENOL CORP NEW 0.3%

Value ($000) $38,827 (-55.5%) Shares 287,307 (-59.2%) Est. Cost $79.85 Unrealized +67.2%

KGC KINROSS GOLD CORP 0.2%

Value ($000) $27,746 (-63.0%) Shares 984,120 (-67.5%) Est. Cost $19.24 Unrealized +35.1%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 0.5%

Value ($000) $66,373 (-41.2%) Shares 259,239 (-40.6%) Est. Cost $236.70 Unrealized +5.3%

NVDA NVIDIA CORPORATION 7.2%

Value ($000) $1,038,646 (-4.1%) Shares 5,569,149 (-4.0%) Est. Cost $98.66 Unrealized +88.7%

CRH CRH PLC 1.1%

Value ($000) $151,583 (-22.3%) Shares 1,213,504 (-25.5%) Est. Cost $91.41 Unrealized +30.3%

BLK BLACKROCK INC 0.0%

Value ($000) $3,853 (-90.3%) Shares 3,600 (-89.4%) Est. Cost $1096.32 Unrealized -0.6%

RACE FERRARI N V 0.1%

Value ($000) $17,281 (-66.4%) Shares 46,186 (-56.6%) Est. Cost $409.49 Unrealized -2.3%

AEM AGNICO EAGLE MINES LTD 0.3%

Value ($000) $36,475 (-46.6%) Shares 214,886 (-47.0%) Est. Cost $84.44 Unrealized +98.8%

COR CENCORA INC 0.2%

Value ($000) $32,937 (-49.1%) Shares 97,520 (-52.9%) Est. Cost $288.08 Unrealized +18.2%

ET ENERGY TRANSFER L P 0.2%

Value ($000) $32,829 (-48.3%) Shares 1,990,834 (-46.2%) Est. Cost $19.59 Unrealized —

AMGN AMGEN INC 0.0%

Value ($000) $5,957 (-82.4%) Shares 18,200 (-84.8%) Est. Cost $286.39 Unrealized +10.3%

COF CAPITAL ONE FINL CORP 0.8%

Value ($000) $114,960 (-17.2%) Shares 474,335 (-27.4%) Est. Cost $192.04 Unrealized +15.7%

JPM JPMORGAN CHASE & CO. 1.1%

Value ($000) $155,310 (-13.0%) Shares 482,000 (-14.8%) Est. Cost $186.28 Unrealized +66.2%

TEL TE CONNECTIVITY PLC 0.4%

Value ($000) $59,498 (-24.4%) Shares 261,518 (-27.0%) Est. Cost $197.83 Unrealized +16.9%

KKR KKR & CO INC 0.1%

Value ($000) $17,247 (-52.4%) Shares 135,294 (-51.5%) Est. Cost $47.36 Unrealized +162.4%

AAPL APPLE INC 6.3%

Value ($000) $909,682 (+2.0%) Shares 3,346,141 (-4.5%) Est. Cost $154.42 Unrealized +73.8%

VLO VALERO ENERGY CORP 0.1%

Value ($000) $15,089 (-53.9%) Shares 92,693 (-51.8%) Est. Cost $128.81 Unrealized +31.1%

AMD ADVANCED MICRO DEVICES INC 0.5%

Value ($000) $70,816 (+28.6%) Shares 330,668 (-2.9%) Est. Cost $130.56 Unrealized +72.0%

AMZN AMAZON COM INC 3.2%

Value ($000) $466,531 (+3.5%) Shares 2,021,191 (-1.6%) Est. Cost $147.42 Unrealized +55.2%

CAT CATERPILLAR INC 0.7%

Value ($000) $102,009 (+17.8%) Shares 178,067 (-1.9%) Est. Cost $364.21 Unrealized +52.5%

XEL XCEL ENERGY INC 0.1%

Value ($000) $16,167 (-44.3%) Shares 218,892 (-39.2%) Est. Cost $71.34 Unrealized +9.7%

CM CANADIAN IMPERIAL BANK OF CO 0.2%

Value ($000) $33,897 (-27.1%) Shares 373,557 (-35.9%) Est. Cost $61.79 Unrealized +38.9%

INTU INTUIT 0.3%

Value ($000) $50,205 (-18.2%) Shares 75,790 (-15.6%) Est. Cost $674.49 Unrealized -2.0%

TECK TECK RESOURCES LTD 0.0%

Value ($000) $5,101 (-66.7%) Shares 106,305 (-69.6%) Est. Cost $36.34 Unrealized +19.2%

FLUT FLUTTER ENTMT PLC 0.0%

Value ($000) $1,213 (-88.4%) Shares 5,589 (-86.1%) Est. Cost $246.08 Unrealized -8.6%

AMRZ AMRIZE LTD 0.0%

Value ($000) $433 (-95.2%) Shares 7,876 (-95.8%) Est. Cost $50.58 Unrealized +0.9%

SW SMURFIT WESTROCK PLC 0.2%

Value ($000) $25,761 (-21.3%) Shares 666,789 (-14.5%) Est. Cost $44.08 Unrealized -13.5%

CVX CHEVRON CORP NEW 0.4%

Value ($000) $61,497 (-9.3%) Shares 403,500 (-7.6%) Est. Cost $150.03 Unrealized +0.9%

FUTU FUTU HLDGS LTD 0.1%

Value ($000) $14,642 (-24.7%) Shares 89,165 (-20.3%) Est. Cost $102.35 Unrealized —

VOO VANGUARD INDEX FDS 0.2%

Value ($000) $25,847 (-14.6%) Shares 41,113 (-16.8%) Est. Cost $478.00 Unrealized —

TSLA TESLA INC 1.9%

Value ($000) $270,019 (-1.6%) Shares 600,415 (-2.7%) Est. Cost $260.36 Unrealized +70.3%

SHOP SHOPIFY INC 0.5%

Value ($000) $65,863 (+4.1%) Shares 409,161 (-3.9%) Est. Cost $110.33 Unrealized +45.5%

KLAC KLA CORP 0.7%

Value ($000) $104,202 (+1.7%) Shares 85,757 (-9.8%) Est. Cost $650.98 Unrealized +80.0%

EWT ISHARES INC 0.0%

Value ($000) $2,701 (-38.2%) Shares 42,390 (-37.1%) Est. Cost $49.03 Unrealized —

MU MICRON TECHNOLOGY INC 0.9%

Value ($000) $126,023 (-0.6%) Shares 441,551 (-41.7%) Est. Cost $127.82 Unrealized +79.4%

IEV ISHARES TR 0.0%

Value ($000) $1,197 (-35.1%) Shares 17,380 (-37.7%) Est. Cost $38.01 Unrealized —

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $11,219 (+0.5%) Shares 16,330 (-2.2%) Est. Cost $433.44 Unrealized —

NEM NEWMONT CORP 0.0%

Value ($000) $321 (-6.9%) Shares 3,216 (-21.3%) Est. Cost $69.39 Unrealized +30.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
META	META PLATFORMS INC	462,732 (-30.6%)	$305,445 (-37.6%)	2.1%	$211.24	+215.9%	CL A	30303M102
APP	APPLOVIN CORP	57,460 (-79.3%)	$38,718 (-80.6%)	0.3%	$461.14	+36.6%	COM CL A	03831W108
BAC	BANK AMERICA CORP	1,476,507 (-60.6%)	$81,208 (-58.0%)	0.6%	$35.81	+47.1%	COM	060505104
MSFT	MICROSOFT CORP	1,509,172 (-6.5%)	$729,866 (-12.7%)	5.1%	$199.09	+151.4%	COM	594918104
GE	GE AEROSPACE	207,355 (-62.3%)	$63,872 (-61.4%)	0.4%	$149.46	+101.3%	COM NEW	369604301
IDXX	IDEXX LABS INC	65,870 (-70.7%)	$44,563 (-69.0%)	0.3%	$606.98	+12.2%	COM	45168D104
ABBV	ABBVIE INC	380,189 (-52.4%)	$86,869 (-53.0%)	0.6%	$171.71	+32.5%	COM	00287Y109
NKE	NIKE INC	147,545 (-89.5%)	$9,400 (-90.4%)	0.1%	$73.79	-12.0%	CL B	654106103
ORCL	ORACLE CORP	74,933 (-79.4%)	$14,605 (-85.7%)	0.1%	$113.48	+109.8%	COM	68389X105
CFG	CITIZENS FINL GROUP INC	698,077 (-66.5%)	$40,775 (-63.2%)	0.3%	$46.70	+14.8%	COM	174610105
T	AT&T INC	126,200 (-94.8%)	$3,135 (-95.5%)	0.0%	$23.43	+7.9%	COM	00206R102
UNH	UNITEDHEALTH GROUP INC	194,786 (-47.8%)	$64,301 (-50.1%)	0.4%	$415.07	-18.8%	COM	91324P102
HD	HOME DEPOT INC	221,572 (-34.6%)	$76,243 (-44.4%)	0.5%	$387.35	-5.9%	COM	437076102
HCA	HCA HEALTHCARE INC	121,904 (-54.8%)	$56,912 (-50.5%)	0.4%	$384.71	+20.5%	COM	40412C101
SYK	STRYKER CORPORATION	8,700 (-94.4%)	$3,058 (-94.7%)	0.0%	$301.98	+20.4%	COM	863667101
GS	GOLDMAN SACHS GROUP INC	63,382 (-54.2%)	$55,713 (-49.5%)	0.4%	$505.92	+60.8%	COM	38141G104
REGN	REGENERON PHARMACEUTICALS	40,812 (-72.8%)	$31,502 (-62.6%)	0.2%	$563.04	+20.5%	COM	75886F107
GOOGL	ALPHABET INC	2,367,115 (-16.5%)	$740,907 (+7.5%)	5.1%	$131.24	+117.6%	CAP STK CL A	02079K305
GEV	GE VERNOVA INC	107,041 (-45.5%)	$69,959 (-42.1%)	0.5%	$415.97	+46.4%	COM	36828A101
HIG	HARTFORD INSURANCE GROUP INC	412,361 (-48.5%)	$56,823 (-46.7%)	0.4%	$125.92	+4.5%	COM	416515104
TPR	TAPESTRY INC	503,112 (-49.9%)	$64,283 (-43.4%)	0.4%	$76.58	+48.9%	COM	876030107
APH	AMPHENOL CORP NEW	287,307 (-59.2%)	$38,827 (-55.5%)	0.3%	$79.85	+67.2%	CL A	032095101
KGC	KINROSS GOLD CORP	984,120 (-67.5%)	$27,746 (-63.0%)	0.2%	$19.24	+35.1%	COM	496902404
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	259,239 (-40.6%)	$66,373 (-41.2%)	0.5%	$236.70	+5.3%	COM	874054109
NVDA	NVIDIA CORPORATION	5,569,149 (-4.0%)	$1,038,646 (-4.1%)	7.2%	$98.66	+88.7%	COM	67066G104
CRH	CRH PLC	1,213,504 (-25.5%)	$151,583 (-22.3%)	1.1%	$91.41	+30.3%	ORD	G25508105
BLK	BLACKROCK INC	3,600 (-89.4%)	$3,853 (-90.3%)	0.0%	$1096.32	-0.6%	COM	09290D101
RACE	FERRARI N V	46,186 (-56.6%)	$17,281 (-66.4%)	0.1%	$409.49	-2.3%	COM	N3167Y103
AEM	AGNICO EAGLE MINES LTD	214,886 (-47.0%)	$36,475 (-46.6%)	0.3%	$84.44	+98.8%	COM	008474108
COR	CENCORA INC	97,520 (-52.9%)	$32,937 (-49.1%)	0.2%	$288.08	+18.2%	COM	03073E105
ET	ENERGY TRANSFER L P	1,990,834 (-46.2%)	$32,829 (-48.3%)	0.2%	$19.59	—	COM UT LTD PTN	29273V100
AMGN	AMGEN INC	18,200 (-84.8%)	$5,957 (-82.4%)	0.0%	$286.39	+10.3%	COM	031162100
COF	CAPITAL ONE FINL CORP	474,335 (-27.4%)	$114,960 (-17.2%)	0.8%	$192.04	+15.7%	COM	14040H105
JPM	JPMORGAN CHASE & CO.	482,000 (-14.8%)	$155,310 (-13.0%)	1.1%	$186.28	+66.2%	COM	46625H100
TEL	TE CONNECTIVITY PLC	261,518 (-27.0%)	$59,498 (-24.4%)	0.4%	$197.83	+16.9%	ORD SHS	G87052109
KKR	KKR & CO INC	135,294 (-51.5%)	$17,247 (-52.4%)	0.1%	$47.36	+162.4%	COM	48251W104
AAPL	APPLE INC	3,346,141 (-4.5%)	$909,682 (+2.0%)	6.3%	$154.42	+73.8%	COM	037833100
VLO	VALERO ENERGY CORP	92,693 (-51.8%)	$15,089 (-53.9%)	0.1%	$128.81	+31.1%	COM	91913Y100
AMD	ADVANCED MICRO DEVICES INC	330,668 (-2.9%)	$70,816 (+28.6%)	0.5%	$130.56	+72.0%	COM	007903107
AMZN	AMAZON COM INC	2,021,191 (-1.6%)	$466,531 (+3.5%)	3.2%	$147.42	+55.2%	COM	023135106
CAT	CATERPILLAR INC	178,067 (-1.9%)	$102,009 (+17.8%)	0.7%	$364.21	+52.5%	COM	149123101
XEL	XCEL ENERGY INC	218,892 (-39.2%)	$16,167 (-44.3%)	0.1%	$71.34	+9.7%	COM	98389B100
CM	CANADIAN IMPERIAL BANK OF CO	373,557 (-35.9%)	$33,897 (-27.1%)	0.2%	$61.79	+38.9%	COM	136069101
INTU	INTUIT	75,790 (-15.6%)	$50,205 (-18.2%)	0.3%	$674.49	-2.0%	COM	461202103
TECK	TECK RESOURCES LTD	106,305 (-69.6%)	$5,101 (-66.7%)	0.0%	$36.34	+19.2%	CL B	878742204
FLUT	FLUTTER ENTMT PLC	5,589 (-86.1%)	$1,213 (-88.4%)	0.0%	$246.08	-8.6%	SHS	G3643J108
AMRZ	AMRIZE LTD	7,876 (-95.8%)	$433 (-95.2%)	0.0%	$50.58	+0.9%	SHS	H2927K103
SW	SMURFIT WESTROCK PLC	666,789 (-14.5%)	$25,761 (-21.3%)	0.2%	$44.08	-13.5%	SHS	G8267P108
CVX	CHEVRON CORP NEW	403,500 (-7.6%)	$61,497 (-9.3%)	0.4%	$150.03	+0.9%	COM	166764100
FUTU	FUTU HLDGS LTD	89,165 (-20.3%)	$14,642 (-24.7%)	0.1%	$102.35	—	SPON ADS CL A	36118L106
VOO	VANGUARD INDEX FDS	41,113 (-16.8%)	$25,847 (-14.6%)	0.2%	$478.00	—	S&P 500 ETF SHS	922908363
TSLA	TESLA INC	600,415 (-2.7%)	$270,019 (-1.6%)	1.9%	$260.36	+70.3%	COM	88160R101
SHOP	SHOPIFY INC	409,161 (-3.9%)	$65,863 (+4.1%)	0.5%	$110.33	+45.5%	CL A SUB VTG SHS	82509L107
KLAC	KLA CORP	85,757 (-9.8%)	$104,202 (+1.7%)	0.7%	$650.98	+80.0%	COM NEW	482480100
EWT	ISHARES INC	42,390 (-37.1%)	$2,701 (-38.2%)	0.0%	$49.03	—	MSCI TAIWAN ETF	46434G772
MU	MICRON TECHNOLOGY INC	441,551 (-41.7%)	$126,023 (-0.6%)	0.9%	$127.82	+79.4%	COM	595112103
IEV	ISHARES TR	17,380 (-37.7%)	$1,197 (-35.1%)	0.0%	$38.01	—	EUROPE ETF	464287861
SPY	SPDR S&P 500 ETF TR	16,330 (-2.2%)	$11,219 (+0.5%)	0.1%	$433.44	—	TR UNIT	78462F103
NEM	NEWMONT CORP	3,216 (-21.3%)	$321 (-6.9%)	0.0%	$69.39	+30.0%	COM	651639106

Unchanged Positions (93)

SE SEA LTD 0.2%

Value ($000) $33,515 Shares 262,717 Est. Cost $132.13 Unrealized —

TD TORONTO DOMINION BK ONT 0.2%

Value ($000) $32,184 Shares 341,163 Est. Cost $75.06 Unrealized +12.5%

MFC MANULIFE FINL CORP 0.2%

Value ($000) $29,334 Shares 805,289 Est. Cost $30.84 Unrealized +10.1%

BMY BRISTOL-MYERS SQUIBB CO 0.2%

Value ($000) $23,692 Shares 439,238 Est. Cost $45.51 Unrealized +4.4%

GM GENERAL MTRS CO 0.0%

Value ($000) $5,612 Shares 69,007 Est. Cost $36.92 Unrealized +90.7%

CCJ CAMECO CORP 0.1%

Value ($000) $12,912 Shares 140,875 Est. Cost $77.39 Unrealized +16.2%

AMAT APPLIED MATLS INC 0.0%

Value ($000) $5,239 Shares 20,386 Est. Cost $144.43 Unrealized +65.8%

IYZ ISHARES TR 0.1%

Value ($000) $16,138 Shares 474,090 Est. Cost $30.42 Unrealized —

CTSH COGNIZANT TECHNOLOGY SOLUTIO 0.0%

Value ($000) $3,427 Shares 41,290 Est. Cost $68.35 Unrealized +9.2%

MSI MOTOROLA SOLUTIONS INC 0.0%

Value ($000) $3,394 Shares 8,853 Est. Cost $339.71 Unrealized +18.0%

CMI CUMMINS INC 0.0%

Value ($000) $3,501 Shares 6,859 Est. Cost $189.30 Unrealized +146.3%

DOV DOVER CORP 0.0%

Value ($000) $3,656 Shares 18,728 Est. Cost $185.95 Unrealized -2.2%

DG DOLLAR GEN CORP NEW 0.0%

Value ($000) $2,045 Shares 15,400 Est. Cost $108.94 Unrealized +2.4%

SCCO SOUTHERN COPPER CORP 0.0%

Value ($000) $2,558 Shares 17,828 Est. Cost $98.10 Unrealized +35.3%

ALLE ALLEGION PLC 0.0%

Value ($000) $3,436 Shares 21,583 Est. Cost $146.31 Unrealized +13.9%

CHRW C H ROBINSON WORLDWIDE INC 0.0%

Value ($000) $2,122 Shares 13,200 Est. Cost $104.85 Unrealized +40.5%

NYT NEW YORK TIMES CO 0.0%

Value ($000) $1,930 Shares 27,800 Est. Cost $49.62 Unrealized +24.6%

MDLZ MONDELEZ INTL INC 0.0%

Value ($000) $1,929 Shares 35,832 Est. Cost $60.64 Unrealized -5.9%

GPC GENUINE PARTS CO 0.0%

Value ($000) $2,433 Shares 19,788 Est. Cost $92.46 Unrealized +39.2%

PG PROCTER AND GAMBLE CO 0.0%

Value ($000) $4,223 Shares 29,470 Est. Cost $160.80 Unrealized -8.5%

ADP AUTOMATIC DATA PROCESSING IN 0.0%

Value ($000) $2,161 Shares 8,400 Est. Cost $297.80 Unrealized -11.1%

RMD RESMED INC 0.0%

Value ($000) $2,168 Shares 9,000 Est. Cost $156.40 Unrealized +63.3%

DCI DONALDSON INC 0.0%

Value ($000) $3,835 Shares 43,251 Est. Cost $73.83 Unrealized +17.1%

DELL DELL TECHNOLOGIES INC 0.0%

Value ($000) $2,127 Shares 16,900 Est. Cost $129.18 Unrealized +9.0%

NFG NATIONAL FUEL GAS CO 0.0%

Value ($000) $1,641 Shares 20,500 Est. Cost $71.92 Unrealized +14.6%

IEX IDEX CORP 0.0%

Value ($000) $2,841 Shares 15,967 Est. Cost $168.10 Unrealized +1.6%

MAS MASCO CORP 0.0%

Value ($000) $2,193 Shares 34,563 Est. Cost $69.81 Unrealized -7.2%

IYF ISHARES TR 0.0%

Value ($000) $6,525 Shares 50,250 Est. Cost $121.83 Unrealized —

KOF COCA-COLA FEMSA SAB DE CV 0.0%

Value ($000) $1,733 Shares 18,300 Est. Cost $83.10 Unrealized —

DGX QUEST DIAGNOSTICS INC 0.0%

Value ($000) $1,996 Shares 11,500 Est. Cost $125.21 Unrealized +45.4%

RPM RPM INTL INC 0.0%

Value ($000) $1,446 Shares 13,900 Est. Cost $97.49 Unrealized +11.0%

WMG WARNER MUSIC GROUP CORP 0.0%

Value ($000) $1,708 Shares 55,700 Est. Cost $31.57 Unrealized -4.2%

IVV ISHARES TR 0.0%

Value ($000) $7,085 Shares 10,270 Est. Cost $592.19 Unrealized —

SF STIFEL FINL CORP 0.0%

Value ($000) $1,841 Shares 14,700 Est. Cost $104.11 Unrealized +14.9%

ACWI ISHARES TR 0.1%

Value ($000) $7,402 Shares 51,974 Est. Cost $125.59 Unrealized —

ABT ABBOTT LABS 0.0%

Value ($000) $2,381 Shares 19,000 Est. Cost $125.23 Unrealized +1.7%

NTAP NETAPP INC 0.0%

Value ($000) $1,531 Shares 14,300 Est. Cost $119.15 Unrealized -4.6%

YUMC YUM CHINA HLDGS INC 0.0%

Value ($000) $1,595 Shares 33,400 Est. Cost $45.46 Unrealized +0.8%

MPLX MPLX LP 0.0%

Value ($000) $2,263 Shares 42,400 Est. Cost $53.52 Unrealized —

IGSB ISHARES TR 0.3%

Value ($000) $47,271 Shares 894,272 Est. Cost $54.02 Unrealized —

AVY AVERY DENNISON CORP 0.0%

Value ($000) $1,310 Shares 7,200 Est. Cost $200.09 Unrealized -13.9%

HON HONEYWELL INTL INC 0.0%

Value ($000) $1,795 Shares 9,200 Est. Cost $201.25 Unrealized -3.1%

IYH ISHARES TR 0.0%

Value ($000) $1,941 Shares 29,630 Est. Cost $60.91 Unrealized —

INGR INGREDION INC 0.0%

Value ($000) $1,257 Shares 11,400 Est. Cost $99.77 Unrealized +13.0%

ITW ILLINOIS TOOL WKS INC 0.0%

Value ($000) $2,143 Shares 8,700 Est. Cost $250.69 Unrealized -1.2%

SNX TD SYNNEX CORPORATION 0.0%

Value ($000) $1,367 Shares 9,100 Est. Cost $146.47 Unrealized +4.3%

A AGILENT TECHNOLOGIES INC 0.0%

Value ($000) $2,136 Shares 15,700 Est. Cost $120.55 Unrealized +19.2%

NXPI NXP SEMICONDUCTORS N V 0.0%

Value ($000) $2,399 Shares 11,050 Est. Cost $223.02 Unrealized -4.2%

PNR PENTAIR PLC 0.0%

Value ($000) $1,812 Shares 17,400 Est. Cost $74.38 Unrealized +43.5%

AOS SMITH A O CORP 0.0%

Value ($000) $1,157 Shares 17,300 Est. Cost $70.87 Unrealized -4.8%

SPIB SPDR SERIES TRUST 0.3%

Value ($000) $47,432 Shares 1,402,903 Est. Cost $36.45 Unrealized —

AM ANTERO MIDSTREAM CORP 0.0%

Value ($000) $1,160 Shares 65,200 Est. Cost $17.58 Unrealized +1.0%

CNI CANADIAN NATL RY CO 0.0%

Value ($000) $2,218 Shares 22,400 Est. Cost $96.01 Unrealized +0.1%

GIS GENERAL MLS INC 0.0%

Value ($000) $1,263 Shares 27,160 Est. Cost $62.66 Unrealized -24.3%

EWBC EAST WEST BANCORP INC 0.0%

Value ($000) $1,944 Shares 17,300 Est. Cost $69.37 Unrealized +51.6%

BBY BEST BUY INC 0.0%

Value ($000) $689 Shares 10,300 Est. Cost $94.95 Unrealized -20.5%

NDSN NORDSON CORP 0.0%

Value ($000) $1,563 Shares 6,500 Est. Cost $219.03 Unrealized +7.0%

OTIS OTIS WORLDWIDE CORP 0.0%

Value ($000) $1,869 Shares 21,400 Est. Cost $90.13 Unrealized -1.0%

VCSH VANGUARD SCOTTSDALE FDS 0.3%

Value ($000) $40,879 Shares 512,721 Est. Cost $82.02 Unrealized —

CCK CROWN HLDGS INC 0.0%

Value ($000) $1,400 Shares 13,600 Est. Cost $99.95 Unrealized -2.6%

LMT LOCKHEED MARTIN CORP 0.0%

Value ($000) $2,651 Shares 5,480 Est. Cost $511.66 Unrealized -6.9%

IYK ISHARES TR 0.1%

Value ($000) $7,481 Shares 111,100 Est. Cost $71.17 Unrealized —

DRI DARDEN RESTAURANTS INC 0.0%

Value ($000) $2,422 Shares 13,160 Est. Cost $124.29 Unrealized +46.5%

DTM DT MIDSTREAM INC 0.0%

Value ($000) $1,472 Shares 12,300 Est. Cost $103.16 Unrealized +10.8%

LDOS LEIDOS HOLDINGS INC 0.0%

Value ($000) $1,696 Shares 9,400 Est. Cost $173.36 Unrealized +9.1%

SUN SUNOCO LP/SUNOCO FIN CORP 0.0%

Value ($000) $1,426 Shares 27,200 Est. Cost $58.06 Unrealized —

ADM ARCHER DANIELS MIDLAND CO 0.0%

Value ($000) $1,667 Shares 29,000 Est. Cost $54.82 Unrealized +8.5%

IDU ISHARES TR 0.0%

Value ($000) $1,414 Shares 12,960 Est. Cost $113.96 Unrealized —

HUBB HUBBELL INC 0.0%

Value ($000) $1,910 Shares 4,300 Est. Cost $382.61 Unrealized +14.3%

SSB SOUTHSTATE BK CORP 0.0%

Value ($000) $1,167 Shares 12,400 Est. Cost $96.71 Unrealized -5.0%

HPE HEWLETT PACKARD ENTERPRISE C 0.0%

Value ($000) $2,282 Shares 95,000 Est. Cost $15.42 Unrealized +52.0%

ACT ENACT HLDGS INC 0.0%

Value ($000) $1,522 Shares 38,400 Est. Cost $25.65 Unrealized +46.3%

BWA BORGWARNER INC 0.0%

Value ($000) $1,924 Shares 42,700 Est. Cost $29.92 Unrealized +46.0%

IYJ ISHARES TR 0.0%

Value ($000) $2,597 Shares 17,360 Est. Cost $146.88 Unrealized —

VMBS VANGUARD SCOTTSDALE FDS 0.2%

Value ($000) $22,012 Shares 467,648 Est. Cost $53.17 Unrealized —

RS RELIANCE INC 0.0%

Value ($000) $1,531 Shares 5,300 Est. Cost $300.03 Unrealized -6.4%

IYC ISHARES TR 0.0%

Value ($000) $6,113 Shares 58,900 Est. Cost $101.11 Unrealized —

TAP MOLSON COORS BEVERAGE CO 0.0%

Value ($000) $1,181 Shares 25,300 Est. Cost $48.53 Unrealized -5.6%

MBB ISHARES TR 0.2%

Value ($000) $32,197 Shares 338,060 Est. Cost $107.88 Unrealized —

GD GENERAL DYNAMICS CORP 0.0%

Value ($000) $2,424 Shares 7,200 Est. Cost $313.76 Unrealized +8.6%

ACI ALBERTSONS COS INC 0.0%

Value ($000) $1,353 Shares 78,800 Est. Cost $19.97 Unrealized -11.7%

HUM HUMANA INC 0.0%

Value ($000) $1,665 Shares 6,500 Est. Cost $261.21 Unrealized +0.0%

LOGI LOGITECH INTL S A 0.0%

Value ($000) $423 Shares 4,118 Est. Cost $99.25 Unrealized +13.3%

CL COLGATE PALMOLIVE CO 0.0%

Value ($000) $2,018 Shares 25,534 Est. Cost $84.64 Unrealized -7.5%

MDT MEDTRONIC PLC 0.0%

Value ($000) $2,622 Shares 27,300 Est. Cost $91.27 Unrealized +6.4%

FERG FERGUSON ENTERPRISES INC 0.0%

Value ($000) $1,959 Shares 8,800 Est. Cost $224.73 Unrealized +5.9%

SNA SNAP ON INC 0.0%

Value ($000) $3,057 Shares 8,872 Est. Cost $155.22 Unrealized +119.4%

IYE ISHARES TR 0.0%

Value ($000) $3,801 Shares 79,500 Est. Cost $45.88 Unrealized —

SPMB SPDR SERIES TRUST 0.2%

Value ($000) $33,218 Shares 1,482,295 Est. Cost $25.68 Unrealized —

OKE ONEOK INC NEW 0.0%

Value ($000) $1,676 Shares 22,800 Est. Cost $96.84 Unrealized -27.2%

RDY DR REDDYS LABS LTD 0.0%

Value ($000) $2,687 Shares 191,397 Est. Cost $14.86 Unrealized —

HESM HESS MIDSTREAM LP 0.0%

Value ($000) $1,170 Shares 33,900 Est. Cost $32.37 Unrealized +0.8%

CFR CULLEN FROST BANKERS INC 0.0%

Value ($000) $1,368 Shares 10,800 Est. Cost $130.63 Unrealized -4.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SE	SEA LTD	262,717	$33,515	0.2%	$132.13	—	SPONSORD ADS	81141R100
TD	TORONTO DOMINION BK ONT	341,163	$32,184	0.2%	$75.06	+12.5%	COM NEW	891160509
MFC	MANULIFE FINL CORP	805,289	$29,334	0.2%	$30.84	+10.1%	COM	56501R106
BMY	BRISTOL-MYERS SQUIBB CO	439,238	$23,692	0.2%	$45.51	+4.4%	COM	110122108
GM	GENERAL MTRS CO	69,007	$5,612	0.0%	$36.92	+90.7%	COM	37045V100
CCJ	CAMECO CORP	140,875	$12,912	0.1%	$77.39	+16.2%	COM	13321L108
AMAT	APPLIED MATLS INC	20,386	$5,239	0.0%	$144.43	+65.8%	COM	038222105
IYZ	ISHARES TR	474,090	$16,138	0.1%	$30.42	—	US TELECOM ETF	464287713
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	41,290	$3,427	0.0%	$68.35	+9.2%	CL A	192446102
MSI	MOTOROLA SOLUTIONS INC	8,853	$3,394	0.0%	$339.71	+18.0%	COM NEW	620076307
CMI	CUMMINS INC	6,859	$3,501	0.0%	$189.30	+146.3%	COM	231021106
DOV	DOVER CORP	18,728	$3,656	0.0%	$185.95	-2.2%	COM	260003108
DG	DOLLAR GEN CORP NEW	15,400	$2,045	0.0%	$108.94	+2.4%	COM	256677105
SCCO	SOUTHERN COPPER CORP	17,828	$2,558	0.0%	$98.10	+35.3%	COM	84265V105
ALLE	ALLEGION PLC	21,583	$3,436	0.0%	$146.31	+13.9%	ORD SHS	G0176J109
CHRW	C H ROBINSON WORLDWIDE INC	13,200	$2,122	0.0%	$104.85	+40.5%	COM NEW	12541W209
NYT	NEW YORK TIMES CO	27,800	$1,930	0.0%	$49.62	+24.6%	CL A	650111107
MDLZ	MONDELEZ INTL INC	35,832	$1,929	0.0%	$60.64	-5.9%	CL A	609207105
GPC	GENUINE PARTS CO	19,788	$2,433	0.0%	$92.46	+39.2%	COM	372460105
PG	PROCTER AND GAMBLE CO	29,470	$4,223	0.0%	$160.80	-8.5%	COM	742718109
ADP	AUTOMATIC DATA PROCESSING IN	8,400	$2,161	0.0%	$297.80	-11.1%	COM	053015103
RMD	RESMED INC	9,000	$2,168	0.0%	$156.40	+63.3%	COM	761152107
DCI	DONALDSON INC	43,251	$3,835	0.0%	$73.83	+17.1%	COM	257651109
DELL	DELL TECHNOLOGIES INC	16,900	$2,127	0.0%	$129.18	+9.0%	CL C	24703L202
NFG	NATIONAL FUEL GAS CO	20,500	$1,641	0.0%	$71.92	+14.6%	COM	636180101
IEX	IDEX CORP	15,967	$2,841	0.0%	$168.10	+1.6%	COM	45167R104
MAS	MASCO CORP	34,563	$2,193	0.0%	$69.81	-7.2%	COM	574599106
IYF	ISHARES TR	50,250	$6,525	0.0%	$121.83	—	U.S. FINLS ETF	464287788
KOF	COCA-COLA FEMSA SAB DE CV	18,300	$1,733	0.0%	$83.10	—	SPONS ADS REP	191241108
DGX	QUEST DIAGNOSTICS INC	11,500	$1,996	0.0%	$125.21	+45.4%	COM	74834L100
RPM	RPM INTL INC	13,900	$1,446	0.0%	$97.49	+11.0%	COM	749685103
WMG	WARNER MUSIC GROUP CORP	55,700	$1,708	0.0%	$31.57	-4.2%	COM CL A	934550203
IVV	ISHARES TR	10,270	$7,085	0.0%	$592.19	—	CORE S&P500 ETF	464287200
SF	STIFEL FINL CORP	14,700	$1,841	0.0%	$104.11	+14.9%	COM	860630102
ACWI	ISHARES TR	51,974	$7,402	0.1%	$125.59	—	MSCI ACWI ETF	464288257
ABT	ABBOTT LABS	19,000	$2,381	0.0%	$125.23	+1.7%	COM	002824100
NTAP	NETAPP INC	14,300	$1,531	0.0%	$119.15	-4.6%	COM	64110D104
YUMC	YUM CHINA HLDGS INC	33,400	$1,595	0.0%	$45.46	+0.8%	COM	98850P109
MPLX	MPLX LP	42,400	$2,263	0.0%	$53.52	—	COM UNIT REP LTD	55336V100
IGSB	ISHARES TR	894,272	$47,271	0.3%	$54.02	—	ISHS 1-5YR INVS	464288646
AVY	AVERY DENNISON CORP	7,200	$1,310	0.0%	$200.09	-13.9%	COM	053611109
HON	HONEYWELL INTL INC	9,200	$1,795	0.0%	$201.25	-3.1%	COM	438516106
IYH	ISHARES TR	29,630	$1,941	0.0%	$60.91	—	US HLTHCARE ETF	464287762
INGR	INGREDION INC	11,400	$1,257	0.0%	$99.77	+13.0%	COM	457187102
ITW	ILLINOIS TOOL WKS INC	8,700	$2,143	0.0%	$250.69	-1.2%	COM	452308109
SNX	TD SYNNEX CORPORATION	9,100	$1,367	0.0%	$146.47	+4.3%	COM	87162W100
A	AGILENT TECHNOLOGIES INC	15,700	$2,136	0.0%	$120.55	+19.2%	COM	00846U101
NXPI	NXP SEMICONDUCTORS N V	11,050	$2,399	0.0%	$223.02	-4.2%	COM	N6596X109
PNR	PENTAIR PLC	17,400	$1,812	0.0%	$74.38	+43.5%	SHS	G7S00T104
AOS	SMITH A O CORP	17,300	$1,157	0.0%	$70.87	-4.8%	COM	831865209
SPIB	SPDR SERIES TRUST	1,402,903	$47,432	0.3%	$36.45	—	STATE STREET SPD	78464A375
AM	ANTERO MIDSTREAM CORP	65,200	$1,160	0.0%	$17.58	+1.0%	COM	03676B102
CNI	CANADIAN NATL RY CO	22,400	$2,218	0.0%	$96.01	+0.1%	COM	136375102
GIS	GENERAL MLS INC	27,160	$1,263	0.0%	$62.66	-24.3%	COM	370334104
EWBC	EAST WEST BANCORP INC	17,300	$1,944	0.0%	$69.37	+51.6%	COM	27579R104
BBY	BEST BUY INC	10,300	$689	0.0%	$94.95	-20.5%	COM	086516101
NDSN	NORDSON CORP	6,500	$1,563	0.0%	$219.03	+7.0%	COM	655663102
OTIS	OTIS WORLDWIDE CORP	21,400	$1,869	0.0%	$90.13	-1.0%	COM	68902V107
VCSH	VANGUARD SCOTTSDALE FDS	512,721	$40,879	0.3%	$82.02	—	SHRT TRM CORP BD	92206C409
CCK	CROWN HLDGS INC	13,600	$1,400	0.0%	$99.95	-2.6%	COM	228368106
LMT	LOCKHEED MARTIN CORP	5,480	$2,651	0.0%	$511.66	-6.9%	COM	539830109
IYK	ISHARES TR	111,100	$7,481	0.1%	$71.17	—	US CONSM STAPLES	464287812
DRI	DARDEN RESTAURANTS INC	13,160	$2,422	0.0%	$124.29	+46.5%	COM	237194105
DTM	DT MIDSTREAM INC	12,300	$1,472	0.0%	$103.16	+10.8%	COMMON STOCK	23345M107
LDOS	LEIDOS HOLDINGS INC	9,400	$1,696	0.0%	$173.36	+9.1%	COM	525327102
SUN	SUNOCO LP/SUNOCO FIN CORP	27,200	$1,426	0.0%	$58.06	—	COM UT REP LP	86765K109
ADM	ARCHER DANIELS MIDLAND CO	29,000	$1,667	0.0%	$54.82	+8.5%	COM	039483102
IDU	ISHARES TR	12,960	$1,414	0.0%	$113.96	—	U.S. UTILITS ETF	464287697
HUBB	HUBBELL INC	4,300	$1,910	0.0%	$382.61	+14.3%	COM	443510607
SSB	SOUTHSTATE BK CORP	12,400	$1,167	0.0%	$96.71	-5.0%	COM	84472E102
HPE	HEWLETT PACKARD ENTERPRISE C	95,000	$2,282	0.0%	$15.42	+52.0%	COM	42824C109
ACT	ENACT HLDGS INC	38,400	$1,522	0.0%	$25.65	+46.3%	COM	29249E109
BWA	BORGWARNER INC	42,700	$1,924	0.0%	$29.92	+46.0%	COM	099724106
IYJ	ISHARES TR	17,360	$2,597	0.0%	$146.88	—	US INDUSTRIALS	464287754
VMBS	VANGUARD SCOTTSDALE FDS	467,648	$22,012	0.2%	$53.17	—	MTG-BKD SECS ETF	92206C771
RS	RELIANCE INC	5,300	$1,531	0.0%	$300.03	-6.4%	COM	759509102
IYC	ISHARES TR	58,900	$6,113	0.0%	$101.11	—	US CONSUM DISCRE	464287580
TAP	MOLSON COORS BEVERAGE CO	25,300	$1,181	0.0%	$48.53	-5.6%	CL B	60871R209
MBB	ISHARES TR	338,060	$32,197	0.2%	$107.88	—	MBS ETF	464288588
GD	GENERAL DYNAMICS CORP	7,200	$2,424	0.0%	$313.76	+8.6%	COM	369550108
ACI	ALBERTSONS COS INC	78,800	$1,353	0.0%	$19.97	-11.7%	COMMON STOCK	013091103
HUM	HUMANA INC	6,500	$1,665	0.0%	$261.21	+0.0%	COM	444859102
LOGI	LOGITECH INTL S A	4,118	$423	0.0%	$99.25	+13.3%	SHS	H50430232
CL	COLGATE PALMOLIVE CO	25,534	$2,018	0.0%	$84.64	-7.5%	COM	194162103
MDT	MEDTRONIC PLC	27,300	$2,622	0.0%	$91.27	+6.4%	SHS	G5960L103
FERG	FERGUSON ENTERPRISES INC	8,800	$1,959	0.0%	$224.73	+5.9%	COMMON STOCK NEW	31488V107
SNA	SNAP ON INC	8,872	$3,057	0.0%	$155.22	+119.4%	COM	833034101
IYE	ISHARES TR	79,500	$3,801	0.0%	$45.88	—	U.S. ENERGY ETF	464287796
SPMB	SPDR SERIES TRUST	1,482,295	$33,218	0.2%	$25.68	—	STATE STREET SPD	78464A383
OKE	ONEOK INC NEW	22,800	$1,676	0.0%	$96.84	-27.2%	COM	682680103
RDY	DR REDDYS LABS LTD	191,397	$2,687	0.0%	$14.86	—	ADR	256135203
HESM	HESS MIDSTREAM LP	33,900	$1,170	0.0%	$32.37	+0.8%	CL A SHS	428103105
CFR	CULLEN FROST BANKERS INC	10,800	$1,368	0.0%	$130.63	-4.5%	COM	229899109