Winslow Capital Management, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ELAN	Elanco Animal Health Inc	13,614,355	$325,792	1.3%	$24.57	0.0%	COM	28414H103
CHRW	C.H. Robinson Worldwide, Inc.	1,582,993	$262,888	1.0%	$181.31	0.0%	COM	12541W209
MU	Micron Technology Inc.	583,681	$197,191	0.8%	$387.04	0.0%	COM	595112103
APP	Applovin Corp	431,891	$171,893	0.7%	$507.11	0.0%	COM	03831W108
MS	Morgan Stanley	965,439	$158,882	0.6%	$179.67	0.0%	COM	617446448
CME	CME Group Inc	488,161	$144,178	0.6%	$289.33	0.0%	COM	12572Q105
TXN	Texas Instruments Inc.	686,171	$133,213	0.5%	$206.27	0.0%	COM	882508104
TEAM	Atlassian Corporation	570,817	$38,958	0.2%	$113.29	0.0%	COM	049468101
COST	Costco Wholesale Corp	10,221	$10,185	0.0%	$963.77	0.0%	COM	22160K105

Increased Positions (22)

ASML ASML Holding NV 1.8%

Value ($000) $463,177 (+227759.5%) Shares 350,671 (+184463.7%) Est. Cost $1320.69 Unrealized —

BKNG Booking Holdings Inc 1.3%

Value ($000) $345,742 (+45047.1%) Shares 322,326 (+225302.8%) Est. Cost $4781.50 Unrealized +0.0%

TT Trane Technologies plc 1.3%

Value ($000) $330,279 (+2913.3%) Shares 792,529 (+2714.2%) Est. Cost $420.83 Unrealized +0.3%

GE GE Aerospace 2.6%

Value ($000) $677,303 (+70.0%) Shares 2,386,803 (+85.6%) Est. Cost $240.79 Unrealized +32.1%

ORLY O`Reilly Automotive, Inc. 1.1%

Value ($000) $272,420 (+20039.8%) Shares 2,951,148 (+19799.9%) Est. Cost $94.82 Unrealized +0.2%

PLTR Palantir Technologies Inc 2.0%

Value ($000) $504,796 (+93.0%) Shares 3,450,888 (+135.0%) Est. Cost $125.94 Unrealized +22.4%

VRT Vertiv Holdings Co 0.8%

Value ($000) $216,683 (+30407.9%) Shares 864,727 (+19624.6%) Est. Cost $199.33 Unrealized +0.3%

AMD Advanced Micro Devices Inc. 1.5%

Value ($000) $385,587 (+116.9%) Shares 1,895,428 (+127.9%) Est. Cost $195.23 Unrealized +13.6%

SNOW Snowflake Inc 1.9%

Value ($000) $486,591 (-29.4%) Shares 3,226,305 (+3.4%) Est. Cost $187.65 Unrealized +3.6%

PH Parker-Hannifin Corp. 1.3%

Value ($000) $341,891 (+136.7%) Shares 381,899 (+132.7%) Est. Cost $896.80 Unrealized +6.8%

ADI Analog Devices Inc. 1.1%

Value ($000) $288,374 (+82.7%) Shares 906,437 (+58.3%) Est. Cost $267.27 Unrealized +18.3%

KLAC KLA Corp. 0.9%

Value ($000) $236,734 (+101.9%) Shares 160,780 (+66.6%) Est. Cost $1033.89 Unrealized +41.4%

SHOP Shopify Inc 1.4%

Value ($000) $358,731 (-24.9%) Shares 3,024,200 (+2.3%) Est. Cost $85.13 Unrealized +60.3%

AAPL Apple Inc 9.2%

Value ($000) $2,349,904 (+5.0%) Shares 9,259,247 (+11.8%) Est. Cost $178.64 Unrealized +47.1%

PWR Quanta Services, Inc. 1.5%

Value ($000) $384,314 (+34.7%) Shares 700,000 (+3.9%) Est. Cost $440.46 Unrealized +10.4%

NFLX Netflix Inc. 2.4%

Value ($000) $602,988 (+14.1%) Shares 6,271,330 (+11.0%) Est. Cost $101.43 Unrealized -17.3%

HLT Hilton Worldwide Holdings Inc 2.1%

Value ($000) $530,619 (+10.5%) Shares 1,744,997 (+4.6%) Est. Cost $206.09 Unrealized +48.0%

AVGO Broadcom Inc 6.2%

Value ($000) $1,582,995 (+2.8%) Shares 5,114,520 (+14.9%) Est. Cost $189.31 Unrealized +76.5%

GOOG Alphabet Inc 7.4%

Value ($000) $1,905,458 (+0.5%) Shares 6,642,467 (+10.2%) Est. Cost $220.32 Unrealized +46.9%

IWF ISHARES TR RSSLL 1000 GRWT 0.2%

Value ($000) $39,304 (+17.9%) Shares 92,176 (+30.9%) Est. Cost $431.87 Unrealized —

ANET Arista Networks Inc 1.0%

Value ($000) $253,579 (+2.0%) Shares 2,065,312 (+8.9%) Est. Cost $130.46 Unrealized +3.5%

CMG Chipotle Mexican Grill 0.0%

Value ($000) $1,246 (+16.0%) Shares 38,929 (+34.1%) Est. Cost $53.36 Unrealized -27.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ASML	ASML Holding NV	350,671 (+184463.7%)	$463,177 (+227759.5%)	1.8%	$1320.69	—	COM	N07059210
BKNG	Booking Holdings Inc	322,326 (+225302.8%)	$345,742 (+45047.1%)	1.3%	$4781.50	+0.0%	COM	09857L108
TT	Trane Technologies plc	792,529 (+2714.2%)	$330,279 (+2913.3%)	1.3%	$420.83	+0.3%	COM	G8994E103
GE	GE Aerospace	2,386,803 (+85.6%)	$677,303 (+70.0%)	2.6%	$240.79	+32.1%	COM	369604301
ORLY	O`Reilly Automotive, Inc.	2,951,148 (+19799.9%)	$272,420 (+20039.8%)	1.1%	$94.82	+0.2%	COM	67103H107
PLTR	Palantir Technologies Inc	3,450,888 (+135.0%)	$504,796 (+93.0%)	2.0%	$125.94	+22.4%	COM	69608A108
VRT	Vertiv Holdings Co	864,727 (+19624.6%)	$216,683 (+30407.9%)	0.8%	$199.33	+0.3%	COM	92537N108
AMD	Advanced Micro Devices Inc.	1,895,428 (+127.9%)	$385,587 (+116.9%)	1.5%	$195.23	+13.6%	COM	007903107
SNOW	Snowflake Inc	3,226,305 (+3.4%)	$486,591 (-29.4%)	1.9%	$187.65	+3.6%	COM	833445109
PH	Parker-Hannifin Corp.	381,899 (+132.7%)	$341,891 (+136.7%)	1.3%	$896.80	+6.8%	COM	701094104
ADI	Analog Devices Inc.	906,437 (+58.3%)	$288,374 (+82.7%)	1.1%	$267.27	+18.3%	COM	032654105
KLAC	KLA Corp.	160,780 (+66.6%)	$236,734 (+101.9%)	0.9%	$1033.89	+41.4%	COM	482480100
SHOP	Shopify Inc	3,024,200 (+2.3%)	$358,731 (-24.9%)	1.4%	$85.13	+60.3%	COM	82509L107
AAPL	Apple Inc	9,259,247 (+11.8%)	$2,349,904 (+5.0%)	9.2%	$178.64	+47.1%	COM	037833100
PWR	Quanta Services, Inc.	700,000 (+3.9%)	$384,314 (+34.7%)	1.5%	$440.46	+10.4%	COM	74762E102
NFLX	Netflix Inc.	6,271,330 (+11.0%)	$602,988 (+14.1%)	2.4%	$101.43	-17.3%	COM	64110L106
HLT	Hilton Worldwide Holdings Inc	1,744,997 (+4.6%)	$530,619 (+10.5%)	2.1%	$206.09	+48.0%	COM	43300A203
AVGO	Broadcom Inc	5,114,520 (+14.9%)	$1,582,995 (+2.8%)	6.2%	$189.31	+76.5%	COM	11135F101
GOOG	Alphabet Inc	6,642,467 (+10.2%)	$1,905,458 (+0.5%)	7.4%	$220.32	+46.9%	COM	02079K107
IWF	ISHARES TR RSSLL 1000 GRWT	92,176 (+30.9%)	$39,304 (+17.9%)	0.2%	$431.87	—	ETF-EQUITY	464287614
ANET	Arista Networks Inc	2,065,312 (+8.9%)	$253,579 (+2.0%)	1.0%	$130.46	+3.5%	COM	040413205
CMG	Chipotle Mexican Grill	38,929 (+34.1%)	$1,246 (+16.0%)	0.0%	$53.36	-27.3%	COM	169656105

Exited Positions (11)

DASH DoorDash Inc 2.1%

Value ($000) $531,709 Shares 2,343,835 Est. Cost $201.22 Unrealized -2.3%

VRTX Vertex Pharmaceuticals, Inc. 1.6%

Value ($000) $405,098 Shares 887,640 Est. Cost $431.03 Unrealized +8.5%

CDNS Cadence Design Systems, Inc. 1.4%

Value ($000) $360,831 Shares 1,151,476 Est. Cost $342.71 Unrealized -11.5%

CTAS Cintas Corporation 1.3%

Value ($000) $342,503 Shares 1,822,369 Est. Cost $188.13 Unrealized +2.8%

AXON Axon Enterprise Inc 1.2%

Value ($000) $314,332 Shares 547,802 Est. Cost $636.31 Unrealized -17.2%

ARES Ares Management Corp 1.2%

Value ($000) $310,628 Shares 1,911,513 Est. Cost $161.48 Unrealized -8.0%

KKR KKR & Co. Inc 1.1%

Value ($000) $270,214 Shares 2,114,593 Est. Cost $124.19 Unrealized -7.6%

NDAQ Nasdaq Inc 1.0%

Value ($000) $250,499 Shares 2,568,537 Est. Cost $89.74 Unrealized +2.2%

SNPS SYNOPSYS INC COM 0.0%

Value ($000) $513 Shares 1,093 Est. Cost $413.88 Unrealized +14.0%

ALNY ALNYLAM PHARMACEUTICALS INC CO 0.0%

Value ($000) $503 Shares 1,266 Est. Cost $260.02 Unrealized +35.9%

WDAY WORKDAY INC CL A 0.0%

Value ($000) $318 Shares 1,481 Est. Cost $218.35 Unrealized -20.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DASH	DoorDash Inc	2,343,835	$531,709	2.1%	$201.22	-2.3%	—	25809K105
VRTX	Vertex Pharmaceuticals, Inc.	887,640	$405,098	1.6%	$431.03	+8.5%	—	92532F100
CDNS	Cadence Design Systems, Inc.	1,151,476	$360,831	1.4%	$342.71	-11.5%	—	127387108
CTAS	Cintas Corporation	1,822,369	$342,503	1.3%	$188.13	+2.8%	—	172908105
AXON	Axon Enterprise Inc	547,802	$314,332	1.2%	$636.31	-17.2%	—	05464C101
ARES	Ares Management Corp	1,911,513	$310,628	1.2%	$161.48	-8.0%	—	03990B101
KKR	KKR & Co. Inc	2,114,593	$270,214	1.1%	$124.19	-7.6%	—	48251W104
NDAQ	Nasdaq Inc	2,568,537	$250,499	1.0%	$89.74	+2.2%	—	631103108
SNPS	SYNOPSYS INC COM	1,093	$513	0.0%	$413.88	+14.0%	—	871607107
ALNY	ALNYLAM PHARMACEUTICALS INC CO	1,266	$503	0.0%	$260.02	+35.9%	—	02043Q107
WDAY	WORKDAY INC CL A	1,481	$318	0.0%	$218.35	-20.9%	—	98138H101

Decreased Positions (27)

MSFT Microsoft Corporation 6.5%

Value ($000) $1,661,505 (-45.8%) Shares 4,488,492 (-29.1%) Est. Cost $168.00 Unrealized +158.7%

AMZN Amazon.com Inc. 4.4%

Value ($000) $1,127,733 (-39.7%) Shares 5,414,765 (-32.9%) Est. Cost $117.58 Unrealized +92.9%

NOW ServiceNow Inc 0.2%

Value ($000) $52,261 (-87.7%) Shares 499,866 (-82.0%) Est. Cost $159.18 Unrealized -23.9%

SPOT Spotify Technology S.A. 1.2%

Value ($000) $301,081 (-53.3%) Shares 620,901 (-44.1%) Est. Cost $361.93 Unrealized +37.4%

APH Amphenol Corp. 0.7%

Value ($000) $167,794 (-66.6%) Shares 1,328,007 (-64.1%) Est. Cost $109.37 Unrealized +33.9%

INTU Intuit Inc 1.1%

Value ($000) $281,746 (-53.2%) Shares 651,617 (-28.4%) Est. Cost $674.49 Unrealized -26.2%

SYK Stryker Corp. 0.6%

Value ($000) $144,611 (-68.5%) Shares 440,096 (-66.1%) Est. Cost $346.78 Unrealized +5.2%

MA Mastercard Incorporated 1.6%

Value ($000) $418,004 (-41.0%) Shares 836,577 (-32.5%) Est. Cost $334.23 Unrealized +61.3%

V Visa Inc 1.6%

Value ($000) $410,073 (-41.2%) Shares 1,356,780 (-31.7%) Est. Cost $339.16 Unrealized -2.9%

ORCL Oracle Corp. 0.3%

Value ($000) $69,361 (-79.4%) Shares 471,490 (-72.7%) Est. Cost $193.35 Unrealized -12.3%

NVDA NVIDIA Corp 11.3%

Value ($000) $2,904,526 (-8.1%) Shares 16,654,394 (-1.6%) Est. Cost $100.72 Unrealized +85.3%

META Meta Platforms Inc 3.9%

Value ($000) $994,905 (-17.7%) Shares 1,738,950 (-5.2%) Est. Cost $277.91 Unrealized +135.9%

ISRG Intuitive Surgical Inc 2.1%

Value ($000) $534,914 (-26.0%) Shares 1,160,360 (-8.6%) Est. Cost $428.18 Unrealized +21.7%

TSLA Tesla Inc 2.1%

Value ($000) $542,472 (-19.9%) Shares 1,459,239 (-3.5%) Est. Cost $281.21 Unrealized +51.5%

MCK Mckesson Corporation 1.3%

Value ($000) $328,470 (-8.4%) Shares 379,576 (-13.2%) Est. Cost $815.57 Unrealized +7.3%

ECL Ecolab, Inc. 0.5%

Value ($000) $140,623 (-15.5%) Shares 528,620 (-16.6%) Est. Cost $238.74 Unrealized +19.9%

HWM Howmet Aerospace Inc 1.3%

Value ($000) $342,597 (+6.2%) Shares 1,486,581 (-5.3%) Est. Cost $111.31 Unrealized +103.5%

GEV GE Vernova Inc. 1.8%

Value ($000) $466,103 (-2.8%) Shares 533,971 (-27.1%) Est. Cost $609.04 Unrealized +21.0%

MCO MOODYS CORP COM 0.0%

Value ($000) $622 (-95.0%) Shares 1,425 (-94.1%) Est. Cost $502.63 Unrealized -2.6%

VUG VANGUARD INDEX TR GROWTH VIPER 0.0%

Value ($000) $2,606 (-62.0%) Shares 5,966 (-57.5%) Est. Cost $471.37 Unrealized —

IVW ISHARES TR S&P500/BARRA GW 0.0%

Value ($000) $376 (-70.7%) Shares 3,323 (-68.1%) Est. Cost $123.26 Unrealized —

LRCX LAM RESEARCH CORP COM NEW 0.0%

Value ($000) $3,117 (-17.1%) Shares 14,589 (-33.6%) Est. Cost $76.99 Unrealized +193.5%

BSX BOSTON SCIENTIFIC CORP COM 0.0%

Value ($000) $295 (-67.0%) Shares 4,708 (-49.9%) Est. Cost $52.29 Unrealized +64.1%

GOOGL ALPHABET CLASS A 0.0%

Value ($000) $2,415 (-15.9%) Shares 8,398 (-8.5%) Est. Cost $110.65 Unrealized +192.2%

MELI MERCADOLIBRE INC COM 0.0%

Value ($000) $244 (-41.2%) Shares 141 (-31.6%) Est. Cost $2400.46 Unrealized -13.9%

UBER UBER TECHNOLOGIES INC COM 0.0%

Value ($000) $349 (-27.5%) Shares 4,849 (-17.7%) Est. Cost $54.73 Unrealized +43.8%

LIN LINDE PLC SHS 0.0%

Value ($000) $217 (+5.9%) Shares 438 (-8.9%) Est. Cost $322.30 Unrealized +42.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	Microsoft Corporation	4,488,492 (-29.1%)	$1,661,505 (-45.8%)	6.5%	$168.00	+158.7%	COM	594918104
AMZN	Amazon.com Inc.	5,414,765 (-32.9%)	$1,127,733 (-39.7%)	4.4%	$117.58	+92.9%	COM	023135106
NOW	ServiceNow Inc	499,866 (-82.0%)	$52,261 (-87.7%)	0.2%	$159.18	-23.9%	COM	81762P102
SPOT	Spotify Technology S.A.	620,901 (-44.1%)	$301,081 (-53.3%)	1.2%	$361.93	+37.4%	COM	L8681T102
APH	Amphenol Corp.	1,328,007 (-64.1%)	$167,794 (-66.6%)	0.7%	$109.37	+33.9%	COM	032095101
INTU	Intuit Inc	651,617 (-28.4%)	$281,746 (-53.2%)	1.1%	$674.49	-26.2%	COM	461202103
SYK	Stryker Corp.	440,096 (-66.1%)	$144,611 (-68.5%)	0.6%	$346.78	+5.2%	COM	863667101
MA	Mastercard Incorporated	836,577 (-32.5%)	$418,004 (-41.0%)	1.6%	$334.23	+61.3%	COM	57636Q104
V	Visa Inc	1,356,780 (-31.7%)	$410,073 (-41.2%)	1.6%	$339.16	-2.9%	COM	92826C839
ORCL	Oracle Corp.	471,490 (-72.7%)	$69,361 (-79.4%)	0.3%	$193.35	-12.3%	COM	68389X105
NVDA	NVIDIA Corp	16,654,394 (-1.6%)	$2,904,526 (-8.1%)	11.3%	$100.72	+85.3%	COM	67066G104
META	Meta Platforms Inc	1,738,950 (-5.2%)	$994,905 (-17.7%)	3.9%	$277.91	+135.9%	COM	30303M102
ISRG	Intuitive Surgical Inc	1,160,360 (-8.6%)	$534,914 (-26.0%)	2.1%	$428.18	+21.7%	COM	46120E602
TSLA	Tesla Inc	1,459,239 (-3.5%)	$542,472 (-19.9%)	2.1%	$281.21	+51.5%	COM	88160R101
MCK	Mckesson Corporation	379,576 (-13.2%)	$328,470 (-8.4%)	1.3%	$815.57	+7.3%	COM	58155Q103
ECL	Ecolab, Inc.	528,620 (-16.6%)	$140,623 (-15.5%)	0.5%	$238.74	+19.9%	COM	278865100
HWM	Howmet Aerospace Inc	1,486,581 (-5.3%)	$342,597 (+6.2%)	1.3%	$111.31	+103.5%	COM	443201108
GEV	GE Vernova Inc.	533,971 (-27.1%)	$466,103 (-2.8%)	1.8%	$609.04	+21.0%	COM	36828A101
MCO	MOODYS CORP COM	1,425 (-94.1%)	$622 (-95.0%)	0.0%	$502.63	-2.6%	COM	615369105
VUG	VANGUARD INDEX TR GROWTH VIPER	5,966 (-57.5%)	$2,606 (-62.0%)	0.0%	$471.37	—	ETF-EQUITY	922908736
IVW	ISHARES TR S&P500/BARRA GW	3,323 (-68.1%)	$376 (-70.7%)	0.0%	$123.26	—	COM	464287309
LRCX	LAM RESEARCH CORP COM NEW	14,589 (-33.6%)	$3,117 (-17.1%)	0.0%	$76.99	+193.5%	COM	512807306
BSX	BOSTON SCIENTIFIC CORP COM	4,708 (-49.9%)	$295 (-67.0%)	0.0%	$52.29	+64.1%	COM	101137107
GOOGL	ALPHABET CLASS A	8,398 (-8.5%)	$2,415 (-15.9%)	0.0%	$110.65	+192.2%	COM	02079K305
MELI	MERCADOLIBRE INC COM	141 (-31.6%)	$244 (-41.2%)	0.0%	$2400.46	-13.9%	COM	58733R102
UBER	UBER TECHNOLOGIES INC COM	4,849 (-17.7%)	$349 (-27.5%)	0.0%	$54.73	+43.8%	COM	90353T100
LIN	LINDE PLC SHS	438 (-8.9%)	$217 (+5.9%)	0.0%	$322.30	+42.7%	COM	G54950103

Unchanged Positions (2)

LLY Lilly(Eli) & Co 2.7%

Value ($000) $696,805 Shares 757,586 Est. Cost $646.05 Unrealized +62.1%

COMP Compass Inc 0.2%

Value ($000) $50,692 Shares 6,934,620 Est. Cost $15.59 Unrealized -24.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	Lilly(Eli) & Co	757,586	$696,805	2.7%	$646.05	+62.1%	COM	532457108
COMP	Compass Inc	6,934,620	$50,692	0.2%	$15.59	-24.6%	COM	20464U100