Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SUNB	SUNBELT RENTALS HOLDINGS INC	733,943	$47.77M	5.2%	$65.09	—	SHS	866966104
DKS	DICKS SPORTING GOODS INC	126,770	$25.14M	2.8%	$207.91	0.0%	COM	253393102
V	VISA INC	43,660	$13.2M	1.4%	$329.17	0.0%	COM CL A	92826C839
SPGI	S&P GLOBAL INC	24,090	$10.25M	1.1%	$485.25	0.0%	COM	78409V104
COO	COOPER COS INC	116,940	$8.361M	0.9%	$82.14	0.0%	COM	216648501
VEEV	VEEVA SYS INC	35,700	$6.271M	0.7%	$203.93	0.0%	CL A COM	922475108
U	UNITY SOFTWARE INC	154,460	$3.389M	0.4%	$32.68	0.0%	COM	91332U101
DKNG	DRAFTKINGS INC NEW	122,360	$2.645M	0.3%	$28.94	0.0%	COM CL A	26142V105
FTAI	FTAI AVIATION LTD	7,500	$1.837M	0.2%	$270.82	0.0%	SHS	G3730V105

Increased Positions (4)

CVNA CARVANA CO 24.9%

Value $228M (-24.0%) Shares 724,441 (+2.0%) Est. Cost $94.27 Unrealized +333.3%

IT GARTNER INC 1.0%

Value $9.403M (-23.0%) Shares 59,383 (+22.7%) Est. Cost $274.32 Unrealized -27.8%

ZBRA ZEBRA TECHNOLOGIES CORPORATI 1.0%

Value $9.471M (+32.3%) Shares 45,299 (+53.6%) Est. Cost $261.00 Unrealized -4.6%

TDG TRANSDIGM GROUP INC 2.3%

Value $20.88M (+1.7%) Shares 18,012 (+16.6%) Est. Cost $536.21 Unrealized +153.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CVNA	CARVANA CO	724,441 (+2.0%)	$228M (-24.0%)	24.9%	$94.27	+333.3%	CL A	146869102
IT	GARTNER INC	59,383 (+22.7%)	$9.403M (-23.0%)	1.0%	$274.32	-27.8%	COM	366651107
ZBRA	ZEBRA TECHNOLOGIES CORPORATI	45,299 (+53.6%)	$9.471M (+32.3%)	1.0%	$261.00	-4.6%	CL A	989207105
TDG	TRANSDIGM GROUP INC	18,012 (+16.6%)	$20.88M (+1.7%)	2.3%	$536.21	+153.9%	COM	893641100

Exited Positions (2)

PYPL PAYPAL HLDGS INC 4.3%

Value $39.26M Shares 672,559 Est. Cost $148.62 Unrealized -66.3%

YELP YELP INC 2.1%

Value $19.36M Shares 637,180 Est. Cost $34.57 Unrealized -24.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PYPL	PAYPAL HLDGS INC	672,559	$39.26M	4.3%	$148.62	-66.3%	—	70450Y103
YELP	YELP INC	637,180	$19.36M	2.1%	$34.57	-24.7%	—	985817105

Decreased Positions (7)

EXPE EXPEDIA GROUP INC 5.5%

Value $50.28M (-32.5%) Shares 217,752 (-17.2%) Est. Cost $131.49 Unrealized +92.7%

SGI SOMNIGROUP INTERNATIONAL INC 4.9%

Value $45.08M (-21.1%) Shares 609,825 (-4.7%) Est. Cost $44.40 Unrealized +107.1%

APTV APTIV PLC 5.2%

Value $47.14M (-17.6%) Shares 678,923 (-9.8%) Est. Cost $61.22 Unrealized +32.2%

KVYO KLAVIYO INC 0.6%

Value $5.703M (-53.1%) Shares 293,059 (-21.8%) Est. Cost $32.04 Unrealized -28.8%

GIL GILDAN ACTIVEWEAR INC 1.8%

Value $16.74M (-22.1%) Shares 300,747 (-12.6%) Est. Cost $35.68 Unrealized +88.9%

IR INGERSOLL RAND INC 2.7%

Value $24.71M (-9.3%) Shares 308,411 (-10.3%) Est. Cost $49.86 Unrealized +81.4%

QXO QXO INC 0.1%

Value $1.313M (-0.8%) Shares 67,610 (-1.5%) Est. Cost $16.42 Unrealized +47.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EXPE	EXPEDIA GROUP INC	217,752 (-17.2%)	$50.28M (-32.5%)	5.5%	$131.49	+92.7%	COM NEW	30212P303
SGI	SOMNIGROUP INTERNATIONAL INC	609,825 (-4.7%)	$45.08M (-21.1%)	4.9%	$44.40	+107.1%	COM	88023U101
APTV	APTIV PLC	678,923 (-9.8%)	$47.14M (-17.6%)	5.2%	$61.22	+32.2%	COM SHS	G3265R107
KVYO	KLAVIYO INC	293,059 (-21.8%)	$5.703M (-53.1%)	0.6%	$32.04	-28.8%	COM SER A	49845K101
GIL	GILDAN ACTIVEWEAR INC	300,747 (-12.6%)	$16.74M (-22.1%)	1.8%	$35.68	+88.9%	COM	375916103
IR	INGERSOLL RAND INC	308,411 (-10.3%)	$24.71M (-9.3%)	2.7%	$49.86	+81.4%	COM	45687V106
QXO	QXO INC	67,610 (-1.5%)	$1.313M (-0.8%)	0.1%	$16.42	+47.0%	COM NEW	82846H405

Unchanged Positions (9)

GDDY GODADDY INC 6.7%

Value $61.61M Shares 745,219 Est. Cost $77.32 Unrealized +30.1%

FOUR SHIFT4 PMTS INC 4.1%

Value $37.36M Shares 854,230 Est. Cost $74.86 Unrealized -18.7%

W WAYFAIR INC 5.3%

Value $48.03M Shares 638,592 Est. Cost $107.51 Unrealized -7.5%

CART MAPLEBEAR INC 5.7%

Value $51.84M Shares 1,383,751 Est. Cost $44.76 Unrealized -14.6%

APO APOLLO GLOBAL MGMT INC 3.1%

Value $28.68M Shares 257,371 Est. Cost $74.13 Unrealized +80.0%

CACC CREDIT ACCEP CORP MICH 5.4%

Value $49.28M Shares 116,371 Est. Cost $450.96 Unrealized +5.9%

CNM CORE & MAIN INC 4.1%

Value $37.25M Shares 753,979 Est. Cost $49.41 Unrealized +13.8%

SN SHARKNINJA INC 1.7%

Value $15.69M Shares 148,163 Est. Cost $98.55 Unrealized +24.5%

CARG CARGURUS INC 0.6%

Value $5.851M Shares 171,838 Est. Cost $23.56 Unrealized +37.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GDDY	GODADDY INC	745,219	$61.61M	6.7%	$77.32	+30.1%	CL A	380237107
FOUR	SHIFT4 PMTS INC	854,230	$37.36M	4.1%	$74.86	-18.7%	CL A	82452J109
W	WAYFAIR INC	638,592	$48.03M	5.3%	$107.51	-7.5%	CL A	94419L101
CART	MAPLEBEAR INC	1,383,751	$51.84M	5.7%	$44.76	-14.6%	COM	565394103
APO	APOLLO GLOBAL MGMT INC	257,371	$28.68M	3.1%	$74.13	+80.0%	COM	03769M106
CACC	CREDIT ACCEP CORP MICH	116,371	$49.28M	5.4%	$450.96	+5.9%	COM	225310101
CNM	CORE & MAIN INC	753,979	$37.25M	4.1%	$49.41	+13.8%	CL A	21874C102
SN	SHARKNINJA INC	148,163	$15.69M	1.7%	$98.55	+24.5%	COM SHS	G8068L108
CARG	CARGURUS INC	171,838	$5.851M	0.6%	$23.56	+37.4%	COM CL A	141788109