Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FPS	FORGENT POWER SOLUTIONS INC	4,674,583	$137M	0.4%	$29.27	—	COM SHS CL A	34631F102
PSA	PUBLIC STORAGE OPER CO	266,847	$72.28M	0.2%	$258.44	0.0%	COM	74460D109
IRM	IRON MTN INC DEL	525,270	$53.65M	0.2%	$83.24	0.0%	COM	46284V101
CZR	CAESARS ENTERTAINMENT INC NE	1,643,199	$43.43M	0.1%	$22.01	0.0%	COM	12769G100
VIST	VISTA ENERGY S.A.B. DE C.V.	530,237	$40.02M	0.1%	$75.47	—	SPONSORED ADS	92837L109
MGM	MGM RESORTS INTERNATIONAL	996,534	$36.88M	0.1%	$35.09	0.0%	COM	552953101
BBD	BANCO BRADESCO S A	10,083,509	$36.8M	0.1%	$3.65	—	COM	059460303
PENN	PENN ENTERTAINMENT INC	2,092,244	$31.45M	0.1%	$13.52	0.0%	COM	707569109
OFRM	ONCE UPON A FARM PBC	1,749,858	$28.61M	0.1%	$16.35	—	COM	68237F108
UDR	UDR INC	772,594	$26.1M	0.1%	$36.69	0.0%	COM	902653104
SHW	SHERWIN WILLIAMS CO	70,846	$22.71M	0.1%	$355.33	0.0%	COM	824348106
IRTC	IRHYTHM HOLDINGS INC	183,900	$21.7M	0.1%	$158.57	0.0%	COM	450056106
AXGN	AXOGEN INC	643,743	$21.33M	0.1%	$33.29	0.0%	COM	05463X106
VSEC	VSE CORP	75,011	$13.83M	0.0%	$207.99	0.0%	COM	918284100
EPRT	ESSENTIAL PPTYS RLTY TR INC	434,808	$13.2M	0.0%	$30.36	—	COM	29670E107
AZN	ASTRAZENECA PLC	63,835	$12.59M	0.0%	$190.39	0.0%	ORD	G0593M107
PEB	PEBBLEBROOK HOTEL TR	699,157	$8.83M	0.0%	$12.63	—	COM	70509V100
CUBE	CUBESMART	187,813	$6.883M	0.0%	$36.65	—	COM	229663109
NBIS	NEBIUS GROUP N.V.	54,832	$5.689M	0.0%	$96.40	0.0%	SHS CL A	N97284108
JAN	JANUS LIVING INC	225,000	$5.303M	0.0%	$23.57	—	CL A-1	471024109
MANE	VERADERMICS INC	59,668	$3.768M	0.0%	$63.15	—	COM	922967104
MRK	MERCK & CO INC	25,000	$3.007M	0.0%	$114.28	0.0%	COM	58933Y105
GH	GUARDANT HEALTH INC	32,000	$2.956M	0.0%	$107.45	0.0%	COM	40131M109
PANW	PALO ALTO NETWORKS INC	17,932	$2.875M	0.0%	$172.15	0.0%	COM	697435105
SEI	SOLARIS ENERGY INFRAS INC	38,970	$2.202M	0.0%	$53.03	0.0%	COM CL A	83418M103
PLTR	PALANTIR TECHNOLOGIES INC	13,005	$1.902M	0.0%	$154.17	0.0%	CL A	69608A108
TERN	TERNS PHARMACEUTICALS INC	35,000	$1.845M	0.0%	$37.46	0.0%	COM	880881107
CYTK	CYTOKINETICS INC	23,000	$1.516M	0.0%	$64.44	0.0%	COM	23282W605
BAC	BANK AMERICA CORP	28,200	$1.375M	0.0%	$53.66	0.0%	COM	060505104
APGE	APOGEE THERAPEUTICS INC	15,000	$1.263M	0.0%	$72.23	0.0%	COM	03770N101
MDLN	MEDLINE INC	14,000	$623K	0.0%	$44.84	0.0%	COM CL A	58507V107
CHDN	CHURCHILL DOWNS INC	5,201	$467K	0.0%	$99.85	0.0%	COM	171484108
RMBS	RAMBUS INC DEL	3,111	$268K	0.0%	$104.73	0.0%	COM	750917106
RVMD	REVOLUTION MEDICINES INC	2,500	$243K	0.0%	$103.02	0.0%	COM	76155X100
MP	MP MATERIALS CORP	2,455	$118K	0.0%	$61.74	0.0%	COM CL A	553368101
APP	APPLOVIN CORP	179	$71,242	0.0%	$507.11	0.0%	COM CL A	03831W108

Increased Positions (103)

SHOP SHOPIFY INC 1.7%

Value $560M (+51.9%) Shares 4,718,230 (+106.2%) Est. Cost $96.62 Unrealized +41.2%

VRSK VERISK ANALYTICS INC 1.4%

Value $477M (+63.6%) Shares 2,511,976 (+92.8%) Est. Cost $145.78 Unrealized +39.8%

EQIX EQUINIX INC 0.7%

Value $239M (+114.6%) Shares 243,975 (+67.8%) Est. Cost $691.21 Unrealized +10.5%

IT GARTNER INC 2.8%

Value $937M (-11.8%) Shares 5,917,616 (+40.5%) Est. Cost $123.64 Unrealized +60.2%

CHH CHOICE HOTELS INTL INC 2.4%

Value $796M (+13.1%) Shares 7,690,494 (+4.1%) Est. Cost $64.23 Unrealized +65.4%

ONON ON HLDG AG 1.0%

Value $330M (+31.5%) Shares 9,714,605 (+79.7%) Est. Cost $41.41 Unrealized +11.9%

H HYATT HOTELS CORP 2.8%

Value $912M (-6.9%) Shares 6,341,673 (+3.9%) Est. Cost $65.69 Unrealized +150.5%

DLR DIGITAL RLTY TR INC 0.3%

Value $87.36M (+308.6%) Shares 484,763 (+250.8%) Est. Cost $148.49 Unrealized +4.4%

ABNB AIRBNB INC 0.5%

Value $182M (+52.4%) Shares 1,441,221 (+63.8%) Est. Cost $127.71 Unrealized +1.3%

GOOGL ALPHABET INC 0.3%

Value $110M (+123.2%) Shares 382,577 (+142.9%) Est. Cost $259.23 Unrealized +24.7%

SPOT SPOTIFY TECHNOLOGY S A 1.9%

Value $640M (+10.5%) Shares 1,319,525 (+32.3%) Est. Cost $308.74 Unrealized +61.1%

RRR RED ROCK RESORTS INC 2.2%

Value $716M (-7.7%) Shares 13,412,846 (+7.1%) Est. Cost $35.45 Unrealized +77.2%

GDS GDS HLDGS LTD 0.6%

Value $185M (+40.2%) Shares 4,597,246 (+21.5%) Est. Cost $25.47 Unrealized —

GWRE GUIDEWIRE SOFTWARE INC 3.0%

Value $987M (-4.6%) Shares 6,597,453 (+28.2%) Est. Cost $77.01 Unrealized +95.0%

TTAN SERVICETITAN INC 0.2%

Value $70.72M (-39.5%) Shares 1,114,416 (+1.6%) Est. Cost $102.28 Unrealized -21.0%

BLLN BILLIONTOONE INC 0.2%

Value $58.53M (+320.7%) Shares 741,485 (+336.2%) Est. Cost $90.21 Unrealized -3.7%

PLNT PLANET FITNESS MASTER ISSUER 0.3%

Value $89.26M (-28.4%) Shares 1,200,064 (+4.4%) Est. Cost $50.83 Unrealized +86.2%

NPO ENPRO INC 0.3%

Value $98.19M (+53.4%) Shares 391,730 (+31.1%) Est. Cost $192.22 Unrealized +29.9%

XP XP INC 0.2%

Value $50.92M (+160.2%) Shares 2,674,571 (+123.7%) Est. Cost $21.25 Unrealized -9.0%

WYNN WYNN RESORTS LTD 0.5%

Value $176M (+20.2%) Shares 1,736,856 (+42.4%) Est. Cost $94.14 Unrealized +21.2%

WELL WELLTOWER INC 0.8%

Value $266M (+12.1%) Shares 1,344,941 (+5.3%) Est. Cost $106.05 Unrealized +76.3%

JEF JEFFERIES FINANCIAL GROUP IN 0.2%

Value $63.15M (+70.8%) Shares 1,530,228 (+156.5%) Est. Cost $53.46 Unrealized +10.0%

HTFL HEARTFLOW INC 0.3%

Value $93.12M (+38.7%) Shares 3,827,531 (+66.1%) Est. Cost $30.93 Unrealized -6.3%

SNOW SNOWFLAKE INC 0.2%

Value $60.1M (-28.3%) Shares 398,468 (+4.3%) Est. Cost $211.17 Unrealized -7.9%

FDS FACTSET RESH SYS INC 2.5%

Value $815M (-2.8%) Shares 3,756,587 (+30.0%) Est. Cost $180.83 Unrealized +36.7%

SITE SITEONE LANDSCAPE SUPPLY INC 0.8%

Value $274M (+8.5%) Shares 2,059,076 (+1.5%) Est. Cost $96.51 Unrealized +50.9%

ASML ASML HLDG NV 0.1%

Value $47.05M (+80.0%) Shares 35,625 (+45.8%) Est. Cost $663.53 Unrealized —

LRCX LAM RESEARCH CORP 0.1%

Value $24.93M (+419.5%) Shares 116,670 (+316.2%) Est. Cost $199.84 Unrealized +13.1%

NTSK NETSKOPE INC 0.1%

Value $32.47M (-37.9%) Shares 3,824,078 (+28.2%) Est. Cost $21.11 Unrealized -34.0%

TEM TEMPUS AI INC 0.1%

Value $40.67M (+93.7%) Shares 899,278 (+153.0%) Est. Cost $59.57 Unrealized +2.8%

MAC MACERICH CO 0.2%

Value $77.2M (+27.3%) Shares 4,084,693 (+24.3%) Est. Cost $19.00 Unrealized —

IOT SAMSARA INC 0.5%

Value $162M (+11.1%) Shares 5,119,835 (+24.3%) Est. Cost $38.09 Unrealized -21.9%

FIG FIGMA INC 0.1%

Value $43.38M (+54.8%) Shares 2,052,204 (+173.6%) Est. Cost $43.11 Unrealized -34.1%

DT DYNATRACE INC 0.2%

Value $79.87M (+22.9%) Shares 2,159,694 (+44.0%) Est. Cost $44.31 Unrealized -13.3%

VRNS VARONIS SYS INC 0.1%

Value $26.61M (-33.8%) Shares 1,239,294 (+1.1%) Est. Cost $40.64 Unrealized -27.6%

NET CLOUDFLARE INC 0.3%

Value $94.36M (+16.9%) Shares 457,324 (+11.7%) Est. Cost $70.41 Unrealized +159.0%

AAON AAON INC 0.2%

Value $69.87M (+24.2%) Shares 844,377 (+14.4%) Est. Cost $83.32 Unrealized +11.7%

CWST CASELLA WASTE SYS INC 0.2%

Value $57M (+30.4%) Shares 718,461 (+61.0%) Est. Cost $96.20 Unrealized +5.7%

RKT ROCKET COS INC 0.1%

Value $40.3M (+48.9%) Shares 2,828,334 (+102.3%) Est. Cost $19.03 Unrealized +5.9%

RBRK RUBRIK INC. 0.0%

Value $13.59M (+3639.6%) Shares 277,535 (+5740.4%) Est. Cost $60.92 Unrealized -0.5%

AMZN AMAZON COM INC 0.8%

Value $270M (-4.7%) Shares 1,294,654 (+5.7%) Est. Cost $143.35 Unrealized +58.2%

TDG TRANSDIGM GROUP INC 0.3%

Value $91.17M (-11.9%) Shares 78,664 (+1.1%) Est. Cost $169.63 Unrealized +702.6%

BFAM BRIGHT HORIZONS FAM SOL IN D 0.3%

Value $90.53M (-11.9%) Shares 1,102,308 (+8.8%) Est. Cost $55.12 Unrealized +60.7%

VAC MARRIOTT VACATIONS WORLDWIDE 0.0%

Value $13.95M (+478.7%) Shares 214,280 (+412.6%) Est. Cost $64.78 Unrealized -10.2%

ANDG ANDERSEN GROUP INC 0.1%

Value $24.48M (+88.8%) Shares 900,149 (+80.0%) Est. Cost $23.83 Unrealized -6.9%

ARQT ARCUTIS BIOTHERAPEUTICS INC 0.1%

Value $25.26M (+72.4%) Shares 1,072,189 (+112.4%) Est. Cost $26.26 Unrealized +2.2%

COHR COHERENT CORP 0.0%

Value $15.96M (+193.2%) Shares 66,982 (+127.2%) Est. Cost $167.32 Unrealized +27.5%

WAY WAYSTAR HLDG CORP 0.2%

Value $56.07M (+22.8%) Shares 2,325,569 (+66.9%) Est. Cost $32.37 Unrealized -15.1%

AXON AXON ENTERPRISE INC 0.2%

Value $50.09M (-17.1%) Shares 117,942 (+10.8%) Est. Cost $381.00 Unrealized +38.3%

BIRK BIRKENSTOCK HOLDING PLC 1.0%

Value $336M (+3.0%) Shares 9,366,068 (+17.6%) Est. Cost $45.17 Unrealized -11.6%

LITE LUMENTUM HLDGS INC 0.0%

Value $14.74M (+187.2%) Shares 20,980 (+50.6%) Est. Cost $248.26 Unrealized +88.2%

CRWD CROWDSTRIKE HLDGS INC 0.1%

Value $43.17M (+28.4%) Shares 110,588 (+54.2%) Est. Cost $293.33 Unrealized +47.0%

TMHC TAYLOR MORRISON HOME CORP 0.1%

Value $32.29M (+37.0%) Shares 554,505 (+38.5%) Est. Cost $62.28 Unrealized +2.7%

LOAR LOAR HOLDINGS INC 0.4%

Value $136M (-5.9%) Shares 2,366,299 (+11.6%) Est. Cost $75.12 Unrealized -8.3%

MTN VAIL RESORTS INC 2.0%

Value $647M (+1.3%) Shares 5,043,533 (+4.9%) Est. Cost $100.88 Unrealized +36.7%

V VISA INC 0.2%

Value $54.43M (-12.4%) Shares 180,092 (+1.7%) Est. Cost $167.86 Unrealized +96.1%

MIR MIRION TECHNOLOGIES INC 0.1%

Value $22.56M (+48.2%) Shares 1,213,748 (+86.7%) Est. Cost $23.21 Unrealized +4.1%

STEP STEPSTONE GROUP INC 0.1%

Value $39.63M (-15.5%) Shares 830,574 (+13.7%) Est. Cost $56.06 Unrealized +15.7%

TWFG TWFG INC 0.1%

Value $20.87M (-24.0%) Shares 1,135,099 (+18.9%) Est. Cost $26.61 Unrealized -10.4%

ZLAB ZAI LAB LTD 0.1%

Value $31.19M (+24.7%) Shares 1,658,318 (+16.9%) Est. Cost $23.34 Unrealized —

VCYT VERACYTE INC 0.1%

Value $21.11M (-22.3%) Shares 655,522 (+1.5%) Est. Cost $30.18 Unrealized +30.3%

STVN STEVANATO GROUP S P A 0.1%

Value $34.38M (-14.6%) Shares 2,500,438 (+24.9%) Est. Cost $24.25 Unrealized -27.5%

HST HOST HOTELS & RESORTS INC 0.0%

Value $13.3M (+78.4%) Shares 694,087 (+65.0%) Est. Cost $15.75 Unrealized +15.3%

LYV LIVE NATION ENTERTAINMENT IN 0.1%

Value $45.24M (+14.3%) Shares 296,628 (+6.8%) Est. Cost $130.60 Unrealized +13.6%

TRNS TRANSCAT INC 0.1%

Value $16.92M (+46.6%) Shares 230,354 (+13.2%) Est. Cost $80.46 Unrealized -15.0%

NU NU HLDGS LTD 0.2%

Value $50.72M (-9.2%) Shares 3,529,651 (+5.8%) Est. Cost $12.86 Unrealized +34.8%

BMI BADGER METER INC 0.1%

Value $47.57M (-9.1%) Shares 312,213 (+4.1%) Est. Cost $192.28 Unrealized -15.9%

JNJ JOHNSON & JOHNSON 0.0%

Value $5.5M (+638.2%) Shares 22,500 (+525.0%) Est. Cost $222.94 Unrealized +2.2%

SCHW SCHWAB CHARLES CORP 2.1%

Value $701M (-0.6%) Shares 7,464,316 (+5.7%) Est. Cost $33.12 Unrealized +202.3%

KNSL KINSALE CAP GROUP INC 2.1%

Value $693M (-0.6%) Shares 2,027,765 (+13.8%) Est. Cost $115.32 Unrealized +241.2%

FWONA LIBERTY MEDIA CORP DEL 0.1%

Value $24.72M (-11.2%) Shares 316,574 (+1.6%) Est. Cost $65.89 Unrealized —

NTRA NATERA INC 0.0%

Value $3.329M (+779.6%) Shares 16,646 (+907.6%) Est. Cost $209.48 Unrealized +7.8%

GOOG ALPHABET INC 0.1%

Value $39.88M (+7.9%) Shares 139,018 (+18.0%) Est. Cost $156.67 Unrealized +106.6%

HNGE HINGE HEALTH INC 0.1%

Value $43.57M (-6.1%) Shares 1,130,053 (+13.1%) Est. Cost $40.82 Unrealized -0.6%

ANET ARISTA NETWORKS INC 0.0%

Value $12.86M (+25.8%) Shares 104,728 (+34.3%) Est. Cost $130.37 Unrealized +3.6%

DDOG DATADOG INC 0.2%

Value $69.34M (+3.9%) Shares 587,382 (+19.7%) Est. Cost $101.36 Unrealized +22.3%

MCO MOODYS CORP 0.0%

Value $15.81M (-13.4%) Shares 36,232 (+1.5%) Est. Cost $351.55 Unrealized +39.3%

ELAN ELANCO ANIMAL HEALTH INC 0.0%

Value $3.912M (+116.1%) Shares 163,463 (+104.3%) Est. Cost $23.20 Unrealized +5.9%

WY WEYERHAEUSER CO 0.0%

Value $11.03M (+22.9%) Shares 451,631 (+19.2%) Est. Cost $23.12 Unrealized +2.9%

CDNA CAREDX INC 0.2%

Value $57.92M (-2.6%) Shares 3,336,409 (+5.7%) Est. Cost $13.83 Unrealized +42.4%

INDI INDIE SEMICONDUCTOR INC 0.2%

Value $75.15M (-1.9%) Shares 23,337,826 (+7.5%) Est. Cost $6.01 Unrealized -34.2%

MDGL MADRIGAL PHARMACEUTICALS INC 0.0%

Value $2.774M (+90.6%) Shares 5,300 (+112.0%) Est. Cost $436.16 Unrealized +12.9%

VRTX VERTEX PHARMACEUTICALS INC 0.0%

Value $3.349M (+42.1%) Shares 7,500 (+44.2%) Est. Cost $336.12 Unrealized +39.1%

ADC AGREE RLTY CORP 0.0%

Value $6.283M (+17.7%) Shares 83,347 (+12.4%) Est. Cost $75.08 Unrealized —

GILD GILEAD SCIENCES INC 0.0%

Value $4.181M (+28.5%) Shares 30,000 (+13.2%) Est. Cost $110.15 Unrealized +25.6%

PTGX PROTAGONIST THERAPEUTICS INC 0.0%

Value $1.581M (+118.1%) Shares 15,000 (+80.7%) Est. Cost $82.49 Unrealized +1.0%

IONS IONIS PHARMACEUTICALS INC 0.0%

Value $3.379M (+18.6%) Shares 45,000 (+25.0%) Est. Cost $61.89 Unrealized +32.2%

RACE FERRARI N V 0.0%

Value $509K (+1304.6%) Shares 1,503 (+1433.7%) Est. Cost $360.00 Unrealized -0.9%

LSCC LATTICE SEMICONDUCTOR CORP 0.0%

Value $676K (+140.2%) Shares 7,292 (+90.5%) Est. Cost $82.69 Unrealized —

EW EDWARDS LIFESCIENCES CORP 0.0%

Value $3.297M (+13.3%) Shares 41,176 (+20.7%) Est. Cost $78.26 Unrealized +4.7%

MS MORGAN STANLEY 0.0%

Value $1.498M (+27.8%) Shares 9,100 (+37.9%) Est. Cost $170.10 Unrealized +5.6%

AGYS AGILYSYS INC 0.0%

Value $14.68M (+2.2%) Shares 206,401 (+70.8%) Est. Cost $96.19 Unrealized -0.1%

EXPO EXPONENT INC 0.1%

Value $32.41M (-0.9%) Shares 496,733 (+5.5%) Est. Cost $79.09 Unrealized -8.2%

GLIBK GCI LIBERTY INC 0.1%

Value $25.61M (+1.0%) Shares 688,388 (+1.0%) Est. Cost $35.12 Unrealized +8.7%

RDDT REDDIT INC 0.0%

Value $372K (+103.9%) Shares 2,760 (+248.0%) Est. Cost $195.58 Unrealized -3.0%

BWXT BWX TECHNOLOGIES INC 0.0%

Value $333K (+124.0%) Shares 1,626 (+89.3%) Est. Cost $194.76 Unrealized +4.2%

TEVA TEVA PHARMACEUTICAL INDS LTD 0.0%

Value $3.916M (+4.5%) Shares 130,000 (+8.3%) Est. Cost $19.16 Unrealized —

PODD INSULET CORP 0.0%

Value $2.356M (+5.1%) Shares 11,229 (+42.4%) Est. Cost $286.08 Unrealized -7.6%

HLNE HAMILTON LANE INC 0.0%

Value $398K (+40.1%) Shares 4,000 (+89.3%) Est. Cost $130.42 Unrealized +4.0%

CMG CHIPOTLE MEXICAN GRILL INC 0.0%

Value $442K (+34.0%) Shares 13,803 (+54.9%) Est. Cost $37.10 Unrealized +4.6%

BLK BLACKROCK INC 0.0%

Value $1.067M (-5.2%) Shares 1,110 (+5.5%) Est. Cost $996.61 Unrealized +10.1%

WSO WATSCO INC 0.0%

Value $82,580 (+137.9%) Shares 227 (+120.4%) Est. Cost $376.26 Unrealized +4.2%

BAH BOOZ ALLEN HAMILTON HLDG COR 0.1%

Value $39.61M (+0.1%) Shares 507,649 (+8.2%) Est. Cost $100.84 Unrealized -13.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SHOP	SHOPIFY INC	4,718,230 (+106.2%)	$560M (+51.9%)	1.7%	$96.62	+41.2%	CL A SUB VTG SHS	82509L107
VRSK	VERISK ANALYTICS INC	2,511,976 (+92.8%)	$477M (+63.6%)	1.4%	$145.78	+39.8%	COM	92345Y106
EQIX	EQUINIX INC	243,975 (+67.8%)	$239M (+114.6%)	0.7%	$691.21	+10.5%	COM	29444U700
IT	GARTNER INC	5,917,616 (+40.5%)	$937M (-11.8%)	2.8%	$123.64	+60.2%	COM	366651107
CHH	CHOICE HOTELS INTL INC	7,690,494 (+4.1%)	$796M (+13.1%)	2.4%	$64.23	+65.4%	COM	169905106
ONON	ON HLDG AG	9,714,605 (+79.7%)	$330M (+31.5%)	1.0%	$41.41	+11.9%	NAMEN AKT A	H5919C104
H	HYATT HOTELS CORP	6,341,673 (+3.9%)	$912M (-6.9%)	2.8%	$65.69	+150.5%	COM CL A	448579102
DLR	DIGITAL RLTY TR INC	484,763 (+250.8%)	$87.36M (+308.6%)	0.3%	$148.49	+4.4%	COM	253868103
ABNB	AIRBNB INC	1,441,221 (+63.8%)	$182M (+52.4%)	0.5%	$127.71	+1.3%	COM CL A	009066101
GOOGL	ALPHABET INC	382,577 (+142.9%)	$110M (+123.2%)	0.3%	$259.23	+24.7%	CAP STK CL A	02079K305
SPOT	SPOTIFY TECHNOLOGY S A	1,319,525 (+32.3%)	$640M (+10.5%)	1.9%	$308.74	+61.1%	SHS	L8681T102
RRR	RED ROCK RESORTS INC	13,412,846 (+7.1%)	$716M (-7.7%)	2.2%	$35.45	+77.2%	CL A	75700L108
GDS	GDS HLDGS LTD	4,597,246 (+21.5%)	$185M (+40.2%)	0.6%	$25.47	—	SPONSORED ADS	36165L108
GWRE	GUIDEWIRE SOFTWARE INC	6,597,453 (+28.2%)	$987M (-4.6%)	3.0%	$77.01	+95.0%	COM	40171V100
TTAN	SERVICETITAN INC	1,114,416 (+1.6%)	$70.72M (-39.5%)	0.2%	$102.28	-21.0%	SHS CL A	81764X103
BLLN	BILLIONTOONE INC	741,485 (+336.2%)	$58.53M (+320.7%)	0.2%	$90.21	-3.7%	CL A	090168105
PLNT	PLANET FITNESS MASTER ISSUER	1,200,064 (+4.4%)	$89.26M (-28.4%)	0.3%	$50.83	+86.2%	CL A	72703H101
NPO	ENPRO INC	391,730 (+31.1%)	$98.19M (+53.4%)	0.3%	$192.22	+29.9%	COM	29355X107
XP	XP INC	2,674,571 (+123.7%)	$50.92M (+160.2%)	0.2%	$21.25	-9.0%	CL A	G98239109
WYNN	WYNN RESORTS LTD	1,736,856 (+42.4%)	$176M (+20.2%)	0.5%	$94.14	+21.2%	COM	983134107
WELL	WELLTOWER INC	1,344,941 (+5.3%)	$266M (+12.1%)	0.8%	$106.05	+76.3%	COM	95040Q104
JEF	JEFFERIES FINANCIAL GROUP IN	1,530,228 (+156.5%)	$63.15M (+70.8%)	0.2%	$53.46	+10.0%	COM	47233W109
HTFL	HEARTFLOW INC	3,827,531 (+66.1%)	$93.12M (+38.7%)	0.3%	$30.93	-6.3%	COM	42238D107
SNOW	SNOWFLAKE INC	398,468 (+4.3%)	$60.1M (-28.3%)	0.2%	$211.17	-7.9%	COM SHS	833445109
FDS	FACTSET RESH SYS INC	3,756,587 (+30.0%)	$815M (-2.8%)	2.5%	$180.83	+36.7%	COM	303075105
SITE	SITEONE LANDSCAPE SUPPLY INC	2,059,076 (+1.5%)	$274M (+8.5%)	0.8%	$96.51	+50.9%	COM	82982L103
ASML	ASML HLDG NV	35,625 (+45.8%)	$47.05M (+80.0%)	0.1%	$663.53	—	N Y REGISTRY SHS	N07059210
LRCX	LAM RESEARCH CORP	116,670 (+316.2%)	$24.93M (+419.5%)	0.1%	$199.84	+13.1%	COM	512807306
NTSK	NETSKOPE INC	3,824,078 (+28.2%)	$32.47M (-37.9%)	0.1%	$21.11	-34.0%	CL A	64119N608
TEM	TEMPUS AI INC	899,278 (+153.0%)	$40.67M (+93.7%)	0.1%	$59.57	+2.8%	CL A	88023B103
MAC	MACERICH CO	4,084,693 (+24.3%)	$77.2M (+27.3%)	0.2%	$19.00	—	COM	554382101
IOT	SAMSARA INC	5,119,835 (+24.3%)	$162M (+11.1%)	0.5%	$38.09	-21.9%	COM CL A	79589L106
FIG	FIGMA INC	2,052,204 (+173.6%)	$43.38M (+54.8%)	0.1%	$43.11	-34.1%	CLASS A COM STK	316841105
DT	DYNATRACE INC	2,159,694 (+44.0%)	$79.87M (+22.9%)	0.2%	$44.31	-13.3%	COM	268150109
VRNS	VARONIS SYS INC	1,239,294 (+1.1%)	$26.61M (-33.8%)	0.1%	$40.64	-27.6%	COM	922280102
NET	CLOUDFLARE INC	457,324 (+11.7%)	$94.36M (+16.9%)	0.3%	$70.41	+159.0%	CL A COM	18915M107
AAON	AAON INC	844,377 (+14.4%)	$69.87M (+24.2%)	0.2%	$83.32	+11.7%	COM PAR $0.004	000360206
CWST	CASELLA WASTE SYS INC	718,461 (+61.0%)	$57M (+30.4%)	0.2%	$96.20	+5.7%	CL A	147448104
RKT	ROCKET COS INC	2,828,334 (+102.3%)	$40.3M (+48.9%)	0.1%	$19.03	+5.9%	COM CL A	77311W101
RBRK	RUBRIK INC.	277,535 (+5740.4%)	$13.59M (+3639.6%)	0.0%	$60.92	-0.5%	CL A	781154109
AMZN	AMAZON COM INC	1,294,654 (+5.7%)	$270M (-4.7%)	0.8%	$143.35	+58.2%	COM	023135106
TDG	TRANSDIGM GROUP INC	78,664 (+1.1%)	$91.17M (-11.9%)	0.3%	$169.63	+702.6%	COM	893641100
BFAM	BRIGHT HORIZONS FAM SOL IN D	1,102,308 (+8.8%)	$90.53M (-11.9%)	0.3%	$55.12	+60.7%	COM	109194100
VAC	MARRIOTT VACATIONS WORLDWIDE	214,280 (+412.6%)	$13.95M (+478.7%)	0.0%	$64.78	-10.2%	COM	57164Y107
ANDG	ANDERSEN GROUP INC	900,149 (+80.0%)	$24.48M (+88.8%)	0.1%	$23.83	-6.9%	CL A	033853102
ARQT	ARCUTIS BIOTHERAPEUTICS INC	1,072,189 (+112.4%)	$25.26M (+72.4%)	0.1%	$26.26	+2.2%	COM	03969K108
COHR	COHERENT CORP	66,982 (+127.2%)	$15.96M (+193.2%)	0.0%	$167.32	+27.5%	COM	19247G107
WAY	WAYSTAR HLDG CORP	2,325,569 (+66.9%)	$56.07M (+22.8%)	0.2%	$32.37	-15.1%	COM	946784105
AXON	AXON ENTERPRISE INC	117,942 (+10.8%)	$50.09M (-17.1%)	0.2%	$381.00	+38.3%	COM	05464C101
BIRK	BIRKENSTOCK HOLDING PLC	9,366,068 (+17.6%)	$336M (+3.0%)	1.0%	$45.17	-11.6%	COM SHS	M2029K104
LITE	LUMENTUM HLDGS INC	20,980 (+50.6%)	$14.74M (+187.2%)	0.0%	$248.26	+88.2%	COM	55024U109
CRWD	CROWDSTRIKE HLDGS INC	110,588 (+54.2%)	$43.17M (+28.4%)	0.1%	$293.33	+47.0%	CL A	22788C105
TMHC	TAYLOR MORRISON HOME CORP	554,505 (+38.5%)	$32.29M (+37.0%)	0.1%	$62.28	+2.7%	COM	87724P106
LOAR	LOAR HOLDINGS INC	2,366,299 (+11.6%)	$136M (-5.9%)	0.4%	$75.12	-8.3%	COM SHS	53947R105
MTN	VAIL RESORTS INC	5,043,533 (+4.9%)	$647M (+1.3%)	2.0%	$100.88	+36.7%	COM	91879Q109
V	VISA INC	180,092 (+1.7%)	$54.43M (-12.4%)	0.2%	$167.86	+96.1%	COM CL A	92826C839
MIR	MIRION TECHNOLOGIES INC	1,213,748 (+86.7%)	$22.56M (+48.2%)	0.1%	$23.21	+4.1%	COM CL A	60471A101
STEP	STEPSTONE GROUP INC	830,574 (+13.7%)	$39.63M (-15.5%)	0.1%	$56.06	+15.7%	COM CL A	85914M107
TWFG	TWFG INC	1,135,099 (+18.9%)	$20.87M (-24.0%)	0.1%	$26.61	-10.4%	COM CL A	87318A101
ZLAB	ZAI LAB LTD	1,658,318 (+16.9%)	$31.19M (+24.7%)	0.1%	$23.34	—	ADR	98887Q104
VCYT	VERACYTE INC	655,522 (+1.5%)	$21.11M (-22.3%)	0.1%	$30.18	+30.3%	COM	92337F107
STVN	STEVANATO GROUP S P A	2,500,438 (+24.9%)	$34.38M (-14.6%)	0.1%	$24.25	-27.5%	ORD SHS	T9224W109
HST	HOST HOTELS & RESORTS INC	694,087 (+65.0%)	$13.3M (+78.4%)	0.0%	$15.75	+15.3%	COM	44107P104
LYV	LIVE NATION ENTERTAINMENT IN	296,628 (+6.8%)	$45.24M (+14.3%)	0.1%	$130.60	+13.6%	COM	538034109
TRNS	TRANSCAT INC	230,354 (+13.2%)	$16.92M (+46.6%)	0.1%	$80.46	-15.0%	COM	893529107
NU	NU HLDGS LTD	3,529,651 (+5.8%)	$50.72M (-9.2%)	0.2%	$12.86	+34.8%	ORD SHS CL A	G6683N103
BMI	BADGER METER INC	312,213 (+4.1%)	$47.57M (-9.1%)	0.1%	$192.28	-15.9%	COM	056525108
JNJ	JOHNSON & JOHNSON	22,500 (+525.0%)	$5.5M (+638.2%)	0.0%	$222.94	+2.2%	COM	478160104
SCHW	SCHWAB CHARLES CORP	7,464,316 (+5.7%)	$701M (-0.6%)	2.1%	$33.12	+202.3%	COM	808513105
KNSL	KINSALE CAP GROUP INC	2,027,765 (+13.8%)	$693M (-0.6%)	2.1%	$115.32	+241.2%	COM	49714P108
FWONA	LIBERTY MEDIA CORP DEL	316,574 (+1.6%)	$24.72M (-11.2%)	0.1%	$65.89	—	COM LBTY ONE S A	531229771
NTRA	NATERA INC	16,646 (+907.6%)	$3.329M (+779.6%)	0.0%	$209.48	+7.8%	COM	632307104
GOOG	ALPHABET INC	139,018 (+18.0%)	$39.88M (+7.9%)	0.1%	$156.67	+106.6%	CAP STK CL C	02079K107
HNGE	HINGE HEALTH INC	1,130,053 (+13.1%)	$43.57M (-6.1%)	0.1%	$40.82	-0.6%	CL A	433313103
ANET	ARISTA NETWORKS INC	104,728 (+34.3%)	$12.86M (+25.8%)	0.0%	$130.37	+3.6%	COM SHS	040413205
DDOG	DATADOG INC	587,382 (+19.7%)	$69.34M (+3.9%)	0.2%	$101.36	+22.3%	CL A COM	23804L103
MCO	MOODYS CORP	36,232 (+1.5%)	$15.81M (-13.4%)	0.0%	$351.55	+39.3%	COM	615369105
ELAN	ELANCO ANIMAL HEALTH INC	163,463 (+104.3%)	$3.912M (+116.1%)	0.0%	$23.20	+5.9%	COM	28414H103
WY	WEYERHAEUSER CO	451,631 (+19.2%)	$11.03M (+22.9%)	0.0%	$23.12	+2.9%	COM	962166104
CDNA	CAREDX INC	3,336,409 (+5.7%)	$57.92M (-2.6%)	0.2%	$13.83	+42.4%	COM	14167L103
INDI	INDIE SEMICONDUCTOR INC	23,337,826 (+7.5%)	$75.15M (-1.9%)	0.2%	$6.01	-34.2%	CLASS A COM	45569U101
MDGL	MADRIGAL PHARMACEUTICALS INC	5,300 (+112.0%)	$2.774M (+90.6%)	0.0%	$436.16	+12.9%	COM	558868105
VRTX	VERTEX PHARMACEUTICALS INC	7,500 (+44.2%)	$3.349M (+42.1%)	0.0%	$336.12	+39.1%	COM	92532F100
ADC	AGREE RLTY CORP	83,347 (+12.4%)	$6.283M (+17.7%)	0.0%	$75.08	—	COM	008492100
GILD	GILEAD SCIENCES INC	30,000 (+13.2%)	$4.181M (+28.5%)	0.0%	$110.15	+25.6%	COM	375558103
PTGX	PROTAGONIST THERAPEUTICS INC	15,000 (+80.7%)	$1.581M (+118.1%)	0.0%	$82.49	+1.0%	COM	74366E102
IONS	IONIS PHARMACEUTICALS INC	45,000 (+25.0%)	$3.379M (+18.6%)	0.0%	$61.89	+32.2%	COM	462222100
RACE	FERRARI N V	1,503 (+1433.7%)	$509K (+1304.6%)	0.0%	$360.00	-0.9%	COM	N3167Y103
LSCC	LATTICE SEMICONDUCTOR CORP	7,292 (+90.5%)	$676K (+140.2%)	0.0%	$82.69	—	COM	518415104
EW	EDWARDS LIFESCIENCES CORP	41,176 (+20.7%)	$3.297M (+13.3%)	0.0%	$78.26	+4.7%	COM	28176E108
MS	MORGAN STANLEY	9,100 (+37.9%)	$1.498M (+27.8%)	0.0%	$170.10	+5.6%	COM	617446448
AGYS	AGILYSYS INC	206,401 (+70.8%)	$14.68M (+2.2%)	0.0%	$96.19	-0.1%	COM	00847J105
EXPO	EXPONENT INC	496,733 (+5.5%)	$32.41M (-0.9%)	0.1%	$79.09	-8.2%	COM	30214U102
GLIBK	GCI LIBERTY INC	688,388 (+1.0%)	$25.61M (+1.0%)	0.1%	$35.12	+8.7%	COM SER C	36164V800
RDDT	REDDIT INC	2,760 (+248.0%)	$372K (+103.9%)	0.0%	$195.58	-3.0%	CL A	75734B100
BWXT	BWX TECHNOLOGIES INC	1,626 (+89.3%)	$333K (+124.0%)	0.0%	$194.76	+4.2%	COM	05605H100
TEVA	TEVA PHARMACEUTICAL INDS LTD	130,000 (+8.3%)	$3.916M (+4.5%)	0.0%	$19.16	—	SPONSORED ADS	881624209
PODD	INSULET CORP	11,229 (+42.4%)	$2.356M (+5.1%)	0.0%	$286.08	-7.6%	COM	45784P101
HLNE	HAMILTON LANE INC	4,000 (+89.3%)	$398K (+40.1%)	0.0%	$130.42	+4.0%	CL A	407497106
CMG	CHIPOTLE MEXICAN GRILL INC	13,803 (+54.9%)	$442K (+34.0%)	0.0%	$37.10	+4.6%	COM	169656105
BLK	BLACKROCK INC	1,110 (+5.5%)	$1.067M (-5.2%)	0.0%	$996.61	+10.1%	COM	09290D101
WSO	WATSCO INC	227 (+120.4%)	$82,580 (+137.9%)	0.0%	$376.26	+4.2%	COM	942622200
BAH	BOOZ ALLEN HAMILTON HLDG COR	507,649 (+8.2%)	$39.61M (+0.1%)	0.1%	$100.84	-13.7%	CL A	099502106

Exited Positions (37)

EXAS EXACT SCIENCES CORP 0.3%

Value $96.94M Shares 954,547 Est. Cost $53.37 Unrealized +92.3%

LPX LOUISIANA PAC CORP 0.2%

Value $54.48M Shares 674,577 Est. Cost $89.76 Unrealized -0.8%

GTLB GITLAB INC 0.2%

Value $53.54M Shares 1,426,527 Est. Cost $50.99 Unrealized -35.6%

MASI MASIMO CORP 0.1%

Value $48.63M Shares 373,899 Est. Cost $135.81 Unrealized +6.9%

ACLX ARCELLX INC 0.1%

Value $39.75M Shares 609,697 Est. Cost $62.49 Unrealized +14.1%

FBIN FORTUNE BRANDS INNOVATIONS I 0.1%

Value $38.71M Shares 773,799 Est. Cost $49.79 Unrealized +14.2%

CWK CUSHMAN AND WAKEFIELD LTD 0.1%

Value $23.98M Shares 1,481,285 Est. Cost $15.85 Unrealized -2.3%

CVCO CAVCO INDS INC DEL 0.1%

Value $21.9M Shares 37,078 Est. Cost $566.58 Unrealized +6.6%

XPEV XPENG INC 0.1%

Value $19.08M Shares 940,642 Est. Cost $22.12 Unrealized —

TTD THE TRADE DESK INC 0.1%

Value $18.98M Shares 500,036 Est. Cost $62.54 Unrealized -50.1%

ASIC ATEGRITY SPECIALTY IN CO HO 0.0%

Value $14.07M Shares 669,792 Est. Cost $22.78 Unrealized -17.9%

DHR DANAHER CORPORATION 0.0%

Value $13.9M Shares 60,709 Est. Cost $229.20 Unrealized -2.0%

BXP BXP INC 0.0%

Value $13.7M Shares 202,984 Est. Cost $64.41 Unrealized +5.3%

AZN ASTRAZENECA PLC 0.0%

Value $12.41M Shares 135,025 Est. Cost $59.78 Unrealized —

RPAY REPAY HLDGS CORP 0.0%

Value $7.3M Shares 2,000,000 Est. Cost $20.30 Unrealized -83.2%

SHO SUNSTONE HOTEL INVS INC 0.0%

Value $6.133M Shares 686,050 Est. Cost $8.94 Unrealized —

KRC KILROY RLTY CORP 0.0%

Value $5.344M Shares 142,997 Est. Cost $39.72 Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.0%

Value $4.481M Shares 47,000 Est. Cost $53.90 Unrealized +59.2%

PEN PENUMBRA INC 0.0%

Value $4.33M Shares 13,926 Est. Cost $271.38 Unrealized +25.1%

WH WYNDHAM HOTELS & RESORTS INC 0.0%

Value $4.237M Shares 56,080 Est. Cost $75.40 Unrealized +4.2%

MCK MCKESSON CORP 0.0%

Value $4.101M Shares 5,000 Est. Cost $642.93 Unrealized +36.2%

SMMD ISHARES TR 0.0%

Value $3.889M Shares 51,896 Est. Cost $74.94 Unrealized —

AAPL APPLE INC 0.0%

Value $3.886M Shares 14,293 Est. Cost $217.47 Unrealized +20.9%

POOL POOL CORP 0.0%

Value $3.802M Shares 16,621 Est. Cost $326.65 Unrealized -22.9%

— CYBERARK SOFTWARE LTD 0.0%

Value $3.615M Shares 8,105 Est. Cost $182.90 Unrealized —

IRDM IRIDIUM COMMUNICATIONS INC 0.0%

Value $3.476M Shares 200,000 Est. Cost $18.24 Unrealized +13.0%

HUBS HUBSPOT INC 0.0%

Value $2.457M Shares 6,122 Est. Cost $475.90 Unrealized -38.7%

VGT VANGUARD WORLD FD 0.0%

Value $2.022M Shares 2,682 Est. Cost $753.78 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.0%

Value $1.981M Shares 6,000 Est. Cost $309.78 Unrealized -0.4%

EHC ENCOMPASS HEALTH CORP 0.0%

Value $1.857M Shares 17,500 Est. Cost $113.68 Unrealized -9.5%

NVO NOVO-NORDISK A S 0.0%

Value $1.395M Shares 27,426 Est. Cost $87.77 Unrealized —

ALNY ALNYLAM PHARMACEUTICALS INC 0.0%

Value $1.392M Shares 3,500 Est. Cost $407.20 Unrealized -13.2%

VCTR VICTORY CAP HLDGS INC 0.0%

Value $1.047M Shares 16,596 Est. Cost $28.57 Unrealized +147.8%

THC TENET HEALTHCARE CORP 0.0%

Value $696K Shares 3,500 Est. Cost $177.42 Unrealized +16.2%

FLUT FLUTTER ENTMT PLC 0.0%

Value $398K Shares 1,852 Est. Cost $225.49 Unrealized -26.2%

RYAN RYAN SPECIALTY HOLDINGS INC 0.0%

Value $239K Shares 4,621 Est. Cost $54.85 Unrealized -15.0%

ORCL ORACLE CORP 0.0%

Value $3,703 Shares 19 Est. Cost $238.05 Unrealized -28.8%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EXAS	EXACT SCIENCES CORP	954,547	$96.94M	0.3%	$53.37	+92.3%	—	30063P105
LPX	LOUISIANA PAC CORP	674,577	$54.48M	0.2%	$89.76	-0.8%	—	546347105
GTLB	GITLAB INC	1,426,527	$53.54M	0.2%	$50.99	-35.6%	—	37637K108
MASI	MASIMO CORP	373,899	$48.63M	0.1%	$135.81	+6.9%	—	574795100
ACLX	ARCELLX INC	609,697	$39.75M	0.1%	$62.49	+14.1%	—	03940C100
FBIN	FORTUNE BRANDS INNOVATIONS I	773,799	$38.71M	0.1%	$49.79	+14.2%	—	34964C106
CWK	CUSHMAN AND WAKEFIELD LTD	1,481,285	$23.98M	0.1%	$15.85	-2.3%	—	G2717C106
CVCO	CAVCO INDS INC DEL	37,078	$21.9M	0.1%	$566.58	+6.6%	—	149568107
XPEV	XPENG INC	940,642	$19.08M	0.1%	$22.12	—	—	98422D105
TTD	THE TRADE DESK INC	500,036	$18.98M	0.1%	$62.54	-50.1%	—	88339J105
ASIC	ATEGRITY SPECIALTY IN CO HO	669,792	$14.07M	0.0%	$22.78	-17.9%	—	04681Y103
DHR	DANAHER CORPORATION	60,709	$13.9M	0.0%	$229.20	-2.0%	—	235851102
BXP	BXP INC	202,984	$13.7M	0.0%	$64.41	+5.3%	—	101121101
AZN	ASTRAZENECA PLC	135,025	$12.41M	0.0%	$59.78	—	—	046353108
RPAY	REPAY HLDGS CORP	2,000,000	$7.3M	0.0%	$20.30	-83.2%	—	76029L100
SHO	SUNSTONE HOTEL INVS INC	686,050	$6.133M	0.0%	$8.94	—	—	867892101
KRC	KILROY RLTY CORP	142,997	$5.344M	0.0%	$39.72	—	—	49427F108
BSX	BOSTON SCIENTIFIC CORP	47,000	$4.481M	0.0%	$53.90	+59.2%	—	101137107
PEN	PENUMBRA INC	13,926	$4.33M	0.0%	$271.38	+25.1%	—	70975L107
WH	WYNDHAM HOTELS & RESORTS INC	56,080	$4.237M	0.0%	$75.40	+4.2%	—	98311A105
MCK	MCKESSON CORP	5,000	$4.101M	0.0%	$642.93	+36.2%	—	58155Q103
SMMD	ISHARES TR	51,896	$3.889M	0.0%	$74.94	—	—	46435G268
AAPL	APPLE INC	14,293	$3.886M	0.0%	$217.47	+20.9%	—	037833100
POOL	POOL CORP	16,621	$3.802M	0.0%	$326.65	-22.9%	—	73278L105
—	CYBERARK SOFTWARE LTD	8,105	$3.615M	0.0%	$182.90	—	—	M2682V108
IRDM	IRIDIUM COMMUNICATIONS INC	200,000	$3.476M	0.0%	$18.24	+13.0%	—	46269C102
HUBS	HUBSPOT INC	6,122	$2.457M	0.0%	$475.90	-38.7%	—	443573100
VGT	VANGUARD WORLD FD	2,682	$2.022M	0.0%	$753.78	—	—	92204A702
UNH	UNITEDHEALTH GROUP INC	6,000	$1.981M	0.0%	$309.78	-0.4%	—	91324P102
EHC	ENCOMPASS HEALTH CORP	17,500	$1.857M	0.0%	$113.68	-9.5%	—	29261A100
NVO	NOVO-NORDISK A S	27,426	$1.395M	0.0%	$87.77	—	—	670100205
ALNY	ALNYLAM PHARMACEUTICALS INC	3,500	$1.392M	0.0%	$407.20	-13.2%	—	02043Q107
VCTR	VICTORY CAP HLDGS INC	16,596	$1.047M	0.0%	$28.57	+147.8%	—	92645B103
THC	TENET HEALTHCARE CORP	3,500	$696K	0.0%	$177.42	+16.2%	—	88033G407
FLUT	FLUTTER ENTMT PLC	1,852	$398K	0.0%	$225.49	-26.2%	—	G3643J108
RYAN	RYAN SPECIALTY HOLDINGS INC	4,621	$239K	0.0%	$54.85	-15.0%	—	78351F107
ORCL	ORACLE CORP	19	$3,703	0.0%	$238.05	-28.8%	—	68389X105

Decreased Positions (131)

CSGP COSTAR GROUP INC 2.0%

Value $658M (-49.8%) Shares 16,314,175 (-16.3%) Est. Cost $78.16 Unrealized -27.2%

IDXX IDEXX LABS INC 2.8%

Value $918M (-24.6%) Shares 1,633,367 (-9.2%) Est. Cost $81.68 Unrealized +720.6%

CWAN CLEARWATER ANALYTICS HLDGS I 0.0%

Value $3.663M (-98.1%) Shares 154,864 (-98.0%) Est. Cost $21.07 Unrealized +13.1%

MORN MORNINGSTAR INC 0.4%

Value $128M (-52.4%) Shares 759,515 (-38.8%) Est. Cost $106.10 Unrealized +79.3%

MSFT MICROSOFT CORP 0.1%

Value $27.3M (-83.5%) Shares 73,753 (-78.4%) Est. Cost $213.16 Unrealized +103.9%

MSCI MSCI INC 4.4%

Value $1.455B (-8.0%) Shares 2,699,389 (-2.0%) Est. Cost $192.13 Unrealized +196.3%

ACGL ARCH CAP GROUP LTD 4.8%

Value $1.604B (-7.0%) Shares 16,709,759 (-7.1%) Est. Cost $22.95 Unrealized +317.6%

JLL JONES LANG LASALLE INC 0.2%

Value $73.4M (-61.3%) Shares 241,208 (-57.3%) Est. Cost $219.48 Unrealized +53.1%

INTA INTAPP INC 0.2%

Value $55.09M (-63.9%) Shares 2,144,270 (-35.6%) Est. Cost $40.57 Unrealized -20.1%

BX BLACKSTONE INC 0.0%

Value $10.88M (-87.8%) Shares 94,599 (-83.7%) Est. Cost $108.68 Unrealized +29.6%

BABA ALIBABA GROUP HLDG LTD 0.2%

Value $79.73M (-49.2%) Shares 635,540 (-40.7%) Est. Cost $137.20 Unrealized —

PRI PRIMERICA INC 0.7%

Value $215M (-26.4%) Shares 860,026 (-24.1%) Est. Cost $35.19 Unrealized +642.4%

CBRE CBRE GROUP INC 0.4%

Value $146M (-33.4%) Shares 1,074,451 (-21.0%) Est. Cost $68.56 Unrealized +135.4%

DKNG DRAFTKINGS INC 0.3%

Value $91.21M (-43.4%) Shares 4,218,766 (-9.7%) Est. Cost $27.15 Unrealized +6.6%

FROG JFROG LTD 0.1%

Value $29.11M (-68.8%) Shares 620,313 (-58.5%) Est. Cost $37.27 Unrealized +42.1%

IBP INSTALLED BLDG PRODS INC 0.2%

Value $52.56M (-52.1%) Shares 198,216 (-53.2%) Est. Cost $75.73 Unrealized +305.5%

FICO FAIR ISAAC CORP 0.2%

Value $61.84M (-46.7%) Shares 57,929 (-15.6%) Est. Cost $405.90 Unrealized +261.4%

ODD ODDITY TECH LTD 0.0%

Value $838K (-98.5%) Shares 62,630 (-95.4%) Est. Cost $42.10 Unrealized -23.7%

MELI MERCADOLIBRE INC 0.2%

Value $73.99M (-40.7%) Shares 42,793 (-30.9%) Est. Cost $1015.64 Unrealized +103.5%

ICLR ICON PLC 0.1%

Value $47.23M (-51.5%) Shares 426,805 (-20.1%) Est. Cost $117.17 Unrealized +33.4%

BN BROOKFIELD CORP 0.4%

Value $118M (-29.5%) Shares 2,905,510 (-20.1%) Est. Cost $35.03 Unrealized +33.2%

NVDA NVIDIA CORPORATION 1.5%

Value $509M (-8.7%) Shares 2,919,758 (-2.3%) Est. Cost $93.26 Unrealized +100.1%

CPNG COUPANG INC 0.2%

Value $53.04M (-47.4%) Shares 2,809,513 (-34.3%) Est. Cost $17.00 Unrealized +16.8%

VRT VERTIV HOLDINGS CO 0.9%

Value $296M (+18.2%) Shares 1,181,144 (-23.6%) Est. Cost $17.99 Unrealized +1010.8%

HLI HOULIHAN LOKEY INC 0.5%

Value $152M (-22.1%) Shares 1,061,403 (-5.6%) Est. Cost $39.12 Unrealized +348.9%

AMT AMERICAN TOWER CORP 0.0%

Value $4.092M (-91.3%) Shares 23,709 (-91.1%) Est. Cost $189.52 Unrealized -7.8%

TECH BIO-TECHNE CORP 0.1%

Value $29.34M (-58.7%) Shares 561,441 (-53.5%) Est. Cost $63.82 Unrealized +0.4%

KTOS KRATOS DEFENSE & SEC SOLUTIO 0.2%

Value $50.44M (-45.1%) Shares 715,395 (-40.9%) Est. Cost $17.43 Unrealized +487.5%

KRMN KARMAN HLDGS INC 0.3%

Value $102M (-26.9%) Shares 1,279,093 (-33.2%) Est. Cost $32.27 Unrealized +197.8%

RBC RBC BEARINGS INC 0.3%

Value $98.57M (-27.5%) Shares 181,481 (-40.1%) Est. Cost $158.96 Unrealized +225.7%

MTD METTLER TOLEDO INTERNATIONAL 0.5%

Value $169M (-17.4%) Shares 133,639 (-8.7%) Est. Cost $212.95 Unrealized +563.6%

TEAM ATLASSIAN CORPORATION 0.0%

Value $126K (-99.6%) Shares 1,845 (-99.2%) Est. Cost $188.18 Unrealized -39.8%

BAM BROOKFIELD ASSET MANAGMT LTD 0.1%

Value $17.69M (-65.7%) Shares 398,072 (-59.6%) Est. Cost $35.49 Unrealized +45.0%

ALKT ALKAMI TECHNOLOGY INC 0.1%

Value $36.17M (-47.4%) Shares 2,308,036 (-22.6%) Est. Cost $25.63 Unrealized -24.2%

META META PLATFORMS INC 0.4%

Value $147M (-17.6%) Shares 256,700 (-5.0%) Est. Cost $219.04 Unrealized +199.3%

LVS LAS VEGAS SANDS CORP 0.2%

Value $66.08M (-32.2%) Shares 1,226,430 (-18.1%) Est. Cost $48.40 Unrealized +20.6%

TOL TOLL BROTHERS INC 0.4%

Value $127M (-19.3%) Shares 932,031 (-20.1%) Est. Cost $82.82 Unrealized +81.1%

VEEV VEEVA SYS INC 0.1%

Value $29.53M (-49.5%) Shares 168,126 (-35.8%) Est. Cost $95.98 Unrealized +112.5%

ARGX ARGENX SE 0.3%

Value $101M (-21.7%) Shares 138,648 (-9.8%) Est. Cost $242.15 Unrealized —

STUB STUBHUB HLDGS INC 0.0%

Value $12.05M (-69.8%) Shares 1,931,317 (-34.6%) Est. Cost $18.34 Unrealized -34.3%

CRH CRH PLC 0.2%

Value $77.7M (-26.3%) Shares 739,176 (-12.5%) Est. Cost $95.79 Unrealized +29.8%

YMM FULL TRUCK ALLIANCE CO LTD 0.1%

Value $34.73M (-43.9%) Shares 4,184,358 (-27.5%) Est. Cost $7.52 Unrealized —

IBKR INTERACTIVE BROKERS GROUP IN 0.8%

Value $271M (-9.1%) Shares 4,047,376 (-12.8%) Est. Cost $43.66 Unrealized +68.6%

ROP ROPER TECHNOLOGIES INC 0.2%

Value $65.87M (-28.7%) Shares 186,159 (-10.3%) Est. Cost $151.84 Unrealized +149.0%

SKY CHAMPION HOMES INC 0.1%

Value $34.94M (-43.0%) Shares 469,822 (-35.2%) Est. Cost $78.80 Unrealized +14.6%

MC MOELIS & CO 0.0%

Value $9.302M (-73.6%) Shares 163,197 (-68.2%) Est. Cost $13.48 Unrealized +422.0%

LPLA LPL FINL HLDGS INC 0.1%

Value $36.63M (-41.5%) Shares 121,778 (-30.5%) Est. Cost $296.52 Unrealized +20.4%

TRU TRANSUNION 0.1%

Value $44.36M (-36.4%) Shares 641,179 (-21.2%) Est. Cost $51.13 Unrealized +54.4%

PCOR PROCORE TECHNOLOGIES INC 0.3%

Value $85.45M (-22.5%) Shares 1,499,091 (-1.1%) Est. Cost $70.39 Unrealized -14.4%

NVMI NOVA LTD 0.1%

Value $26M (-48.8%) Shares 59,858 (-61.3%) Est. Cost $184.02 Unrealized +138.4%

AVGO BROADCOM INC 0.5%

Value $162M (-13.0%) Shares 523,219 (-2.7%) Est. Cost $175.24 Unrealized +90.7%

AEIS ADVANCED ENERGY INDS 0.3%

Value $86.72M (+38.5%) Shares 268,725 (-10.2%) Est. Cost $82.00 Unrealized +229.9%

PAR PAR TECHNOLOGY CORP 0.0%

Value $12.59M (-65.5%) Shares 944,301 (-6.0%) Est. Cost $52.79 Unrealized -46.4%

NCNO NCINO INC 0.1%

Value $30.71M (-43.0%) Shares 2,050,073 (-2.5%) Est. Cost $30.81 Unrealized -32.6%

WST WEST PHARMACEUTICAL SVSC INC 0.2%

Value $50.07M (-30.9%) Shares 199,750 (-24.1%) Est. Cost $38.91 Unrealized +547.5%

VMC VULCAN MATLS CO 0.1%

Value $41.88M (-34.8%) Shares 153,819 (-31.7%) Est. Cost $244.83 Unrealized +25.3%

ASGN EVERFORTH INC 0.1%

Value $41.06M (-35.0%) Shares 1,060,800 (-19.1%) Est. Cost $87.88 Unrealized -45.3%

COO COOPER COS INC 0.1%

Value $32.52M (-40.3%) Shares 454,864 (-31.5%) Est. Cost $96.75 Unrealized -15.1%

APH AMPHENOL CORP 0.6%

Value $210M (-9.3%) Shares 1,659,690 (-3.0%) Est. Cost $45.21 Unrealized +223.8%

HEI/A HEICO CORP 0.3%

Value $88.53M (-19.3%) Shares 419,407 (-3.4%) Est. Cost $116.74 Unrealized +122.3%

JBTM JBT MAREL CORPORATION 0.3%

Value $84.4M (-20.0%) Shares 660,040 (-5.7%) Est. Cost $92.43 Unrealized +72.7%

FWONK LIBERTY MEDIA CORP DEL 0.2%

Value $68.02M (-23.3%) Shares 800,000 (-11.1%) Est. Cost $62.30 Unrealized —

NOW SERVICENOW INC 0.0%

Value $14.04M (-59.2%) Shares 134,330 (-40.3%) Est. Cost $149.23 Unrealized -18.8%

ROL ROLLINS INC 0.2%

Value $53.3M (-26.5%) Shares 998,020 (-17.4%) Est. Cost $23.49 Unrealized +163.2%

WING WINGSTOP INC 0.1%

Value $32.23M (-37.2%) Shares 207,987 (-3.4%) Est. Cost $258.65 Unrealized +2.3%

ZS ZSCALER INC 0.1%

Value $24.27M (-43.5%) Shares 173,025 (-9.4%) Est. Cost $149.92 Unrealized +29.0%

FND FLOOR & DECOR HLDGS INC 0.2%

Value $64.71M (-21.5%) Shares 1,273,764 (-6.0%) Est. Cost $66.58 Unrealized +5.1%

PONY PONY AI INC 0.1%

Value $20.07M (-46.5%) Shares 2,125,643 (-17.8%) Est. Cost $15.67 Unrealized —

DRVN DRIVEN BRANDS HLDGS INC 0.2%

Value $56.75M (-23.4%) Shares 4,500,196 (-10.0%) Est. Cost $19.22 Unrealized -17.8%

CGNX COGNEX CORP 0.3%

Value $85.25M (+24.7%) Shares 1,740,166 (-8.4%) Est. Cost $38.67 Unrealized +15.0%

SPG SIMON PPTY GROUP INC 0.1%

Value $30.97M (-33.8%) Shares 166,058 (-34.3%) Est. Cost $151.58 Unrealized +21.4%

INSP INSPIRE MED SYS INC 0.0%

Value $15.4M (-50.5%) Shares 298,470 (-11.6%) Est. Cost $114.71 Unrealized -32.5%

LLY ELI LILLY & CO 0.2%

Value $78.24M (-15.8%) Shares 85,066 (-1.6%) Est. Cost $685.87 Unrealized +52.7%

EQR EQUITY RESIDENTIAL 0.1%

Value $28.01M (-34.2%) Shares 473,496 (-29.9%) Est. Cost $61.83 Unrealized +0.3%

SAIL SAILPOINT INC 0.0%

Value $3.874M (-78.7%) Shares 292,597 (-67.4%) Est. Cost $21.56 Unrealized -22.7%

MRCY MERCURY SYS INC 0.1%

Value $47.03M (-22.9%) Shares 645,066 (-22.8%) Est. Cost $47.13 Unrealized +92.2%

XYZ BLOCK INC 0.0%

Value $9.974M (-57.5%) Shares 165,728 (-54.0%) Est. Cost $123.07 Unrealized -51.0%

S SENTINELONE INC 0.1%

Value $24.58M (-35.4%) Shares 1,908,204 (-24.8%) Est. Cost $17.54 Unrealized -20.4%

BWIN THE BALDWIN INSURANCE GRP IN 0.2%

Value $59.46M (-17.8%) Shares 2,710,068 (-10.0%) Est. Cost $18.64 Unrealized +16.0%

VTR VENTAS INC 0.2%

Value $81.64M (-13.5%) Shares 998,339 (-18.1%) Est. Cost $72.17 Unrealized +7.1%

SSNC SS&C TECH HLDGS 0.1%

Value $38.68M (-23.5%) Shares 572,451 (-1.1%) Est. Cost $25.29 Unrealized +216.4%

HEI HEICO CORP 0.1%

Value $46.06M (-19.9%) Shares 167,976 (-5.4%) Est. Cost $128.11 Unrealized +164.6%

LGN LEGENCE CORP 0.2%

Value $70.33M (+17.1%) Shares 1,245,682 (-10.7%) Est. Cost $31.48 Unrealized +55.1%

KKR KKR & CO INC 0.1%

Value $21.58M (-31.3%) Shares 233,268 (-5.3%) Est. Cost $126.51 Unrealized -9.3%

MPWR MONOLITHIC PWR SYS INC 0.2%

Value $68.87M (+16.5%) Shares 62,994 (-3.4%) Est. Cost $687.43 Unrealized +60.7%

VIA VIA TRANSN INC 0.0%

Value $5.565M (-63.1%) Shares 370,985 (-28.6%) Est. Cost $46.54 Unrealized -52.3%

LLYVK LIBERTY LIVE HOLDINGS INC 0.4%

Value $144M (+7.0%) Shares 1,525,473 (-5.5%) Est. Cost $85.87 Unrealized +0.9%

SNPS SYNOPSYS INC 0.0%

Value $1.773M (-83.8%) Shares 4,473 (-80.8%) Est. Cost $565.30 Unrealized -16.6%

CAKE CHEESECAKE FACTORY INC 0.2%

Value $54.75M (-13.2%) Shares 1,000,037 (-20.0%) Est. Cost $31.36 Unrealized +91.4%

BXMT BLACKSTONE MORTGAGE TRUST IN 0.1%

Value $30.04M (-21.5%) Shares 1,568,430 (-21.6%) Est. Cost $19.23 Unrealized —

NEOG NEOGEN CORP 0.1%

Value $46.54M (+20.8%) Shares 5,009,659 (-9.1%) Est. Cost $19.85 Unrealized -49.5%

CDW CDW CORP 0.1%

Value $24.49M (-22.2%) Shares 202,373 (-12.5%) Est. Cost $61.46 Unrealized +111.5%

BAP CREDICORP LTD 0.2%

Value $75.37M (-7.9%) Shares 222,224 (-22.0%) Est. Cost $125.24 Unrealized +169.0%

APO APOLLO GLOBAL MGMT INC 0.0%

Value $12.27M (-32.1%) Shares 110,119 (-11.8%) Est. Cost $98.53 Unrealized +35.4%

TMO THERMO FISHER SCIENTIFIC INC 0.0%

Value $11.63M (-30.3%) Shares 23,670 (-17.9%) Est. Cost $520.12 Unrealized +10.5%

LOW LOWES COS INC 0.1%

Value $48.86M (-8.7%) Shares 206,788 (-6.8%) Est. Cost $207.59 Unrealized +30.8%

PRMB PRIMO BRANDS CORPORATION 0.1%

Value $41.17M (+11.8%) Shares 2,186,585 (-2.9%) Est. Cost $26.43 Unrealized -29.3%

AMH AMERICAN HOMES 4 RENT 0.0%

Value $2.624M (-61.5%) Shares 93,977 (-55.8%) Est. Cost $34.19 Unrealized —

AFYA AFYA LTD 0.1%

Value $22.06M (-15.2%) Shares 1,483,658 (-12.1%) Est. Cost $22.61 Unrealized -35.1%

ABBV ABBVIE INC 0.0%

Value $1.74M (-69.3%) Shares 8,000 (-67.7%) Est. Cost $205.87 Unrealized +8.1%

WCN WASTE CONNECTIONS INC 0.1%

Value $31.29M (-10.8%) Shares 192,621 (-3.7%) Est. Cost $50.44 Unrealized +231.8%

DB DEUTSCHE BK AG 0.0%

Value $4.16M (-46.7%) Shares 139,697 (-31.0%) Est. Cost $20.86 Unrealized +82.3%

FVRR FIVERR INTL LTD 0.0%

Value $3.285M (-51.4%) Shares 327,869 (-4.2%) Est. Cost $36.92 Unrealized -57.5%

NOVT NOVANTA INC 0.3%

Value $108M (-3.1%) Shares 915,083 (-2.3%) Est. Cost $118.58 Unrealized +14.5%

INSM INSMED INC 0.0%

Value $3.27M (-50.8%) Shares 20,000 (-47.6%) Est. Cost $75.15 Unrealized +111.6%

VRSN VERISIGN INC 0.0%

Value $3.577M (-47.6%) Shares 14,404 (-48.7%) Est. Cost $64.87 Unrealized +263.0%

AVNT AVIENT CORPORATION 0.1%

Value $28.24M (-9.6%) Shares 778,000 (-22.2%) Est. Cost $23.72 Unrealized +58.8%

WIX WIX COM LTD 0.0%

Value $12.26M (-19.3%) Shares 136,080 (-6.9%) Est. Cost $82.64 Unrealized -1.4%

ABVX ABIVAX SA 0.0%

Value $612K (-81.8%) Shares 5,500 (-78.0%) Est. Cost $106.88 Unrealized —

WMS ADVANCED DRAIN SYS INC DEL 0.1%

Value $39.93M (-6.4%) Shares 291,152 (-1.2%) Est. Cost $116.00 Unrealized +39.0%

IEX IDEX CORP 0.0%

Value $10M (-21.2%) Shares 52,776 (-26.0%) Est. Cost $80.58 Unrealized +147.1%

HDB HDFC BANK LTD 0.0%

Value $1.575M (-61.5%) Shares 63,292 (-43.4%) Est. Cost $47.99 Unrealized —

TW TRADEWEB MKTS INC 0.1%

Value $43.23M (+5.4%) Shares 367,448 (-3.6%) Est. Cost $43.96 Unrealized +148.7%

DXCM DEXCOM INC 0.0%

Value $15.13M (-11.4%) Shares 241,000 (-6.4%) Est. Cost $74.69 Unrealized -5.1%

MSGS MADISON SQUARE GRDN SPRT COR 0.2%

Value $53.04M (+2.5%) Shares 165,015 (-17.5%) Est. Cost $121.04 Unrealized +137.0%

HOOD ROBINHOOD MKTS INC 0.0%

Value $535K (-70.3%) Shares 7,720 (-51.6%) Est. Cost $42.68 Unrealized +124.4%

RHI ROBERT HALF INC. 0.0%

Value $396K (-74.7%) Shares 15,600 (-72.9%) Est. Cost $38.01 Unrealized -26.4%

A AGILENT TECHNOLOGIES INC 0.0%

Value $4.17M (-21.0%) Shares 36,589 (-5.6%) Est. Cost $90.16 Unrealized +49.5%

AHR AMERICAN HEALTHCARE REIT INC 0.0%

Value $9.628M (-9.7%) Shares 204,159 (-9.8%) Est. Cost $30.74 Unrealized —

SYK STRYKER CORPORATION 0.0%

Value $1.807M (-35.7%) Shares 5,500 (-31.3%) Est. Cost $295.57 Unrealized +23.4%

MUFG MITSUBISHI UFJ FINANCIAL GRO 0.0%

Value $5.711M (-14.9%) Shares 336,533 (-20.4%) Est. Cost $9.78 Unrealized —

ESS ESSEX PPTY TR INC 0.0%

Value $3.902M (-19.5%) Shares 16,125 (-13.0%) Est. Cost $256.27 Unrealized +0.2%

PLD PROLOGIS INC. 0.4%

Value $141M (-0.5%) Shares 1,065,747 (-3.9%) Est. Cost $113.90 Unrealized +13.3%

MU MICRON TECHNOLOGY INC 0.0%

Value $1.131M (-37.6%) Shares 3,347 (-47.3%) Est. Cost $229.35 Unrealized +68.8%

EXR EXTRA SPACE STORAGE INC 0.0%

Value $7.869M (-6.6%) Shares 60,011 (-7.3%) Est. Cost $135.01 Unrealized -3.0%

COF CAPITAL ONE FINL CORP 0.0%

Value $1.095M (-26.4%) Shares 6,000 (-2.2%) Est. Cost $219.33 Unrealized +1.8%

AEM AGNICO EAGLE MINES LTD 0.0%

Value $2.713M (+7.3%) Shares 13,367 (-10.4%) Est. Cost $48.73 Unrealized +322.8%

JKHY HENRY JACK & ASSOC INC 0.0%

Value $793K (-15.0%) Shares 5,016 (-1.8%) Est. Cost $154.52 Unrealized +13.5%

EFX EQUIFAX INC 0.0%

Value $487K (-21.7%) Shares 2,704 (-5.6%) Est. Cost $233.39 Unrealized -12.5%

PGR PROGRESSIVE CORP 0.0%

Value $684K (-16.1%) Shares 3,452 (-3.6%) Est. Cost $111.77 Unrealized +84.9%

XENE XENON PHARMACEUTICALS INC 0.0%

Value $1.454M (+8.1%) Shares 25,000 (-16.7%) Est. Cost $35.99 Unrealized +16.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CSGP	COSTAR GROUP INC	16,314,175 (-16.3%)	$658M (-49.8%)	2.0%	$78.16	-27.2%	COM	22160N109
IDXX	IDEXX LABS INC	1,633,367 (-9.2%)	$918M (-24.6%)	2.8%	$81.68	+720.6%	COM	45168D104
CWAN	CLEARWATER ANALYTICS HLDGS I	154,864 (-98.0%)	$3.663M (-98.1%)	0.0%	$21.07	+13.1%	CL A	185123106
MORN	MORNINGSTAR INC	759,515 (-38.8%)	$128M (-52.4%)	0.4%	$106.10	+79.3%	COM	617700109
MSFT	MICROSOFT CORP	73,753 (-78.4%)	$27.3M (-83.5%)	0.1%	$213.16	+103.9%	COM	594918104
MSCI	MSCI INC	2,699,389 (-2.0%)	$1.455B (-8.0%)	4.4%	$192.13	+196.3%	COM	55354G100
ACGL	ARCH CAP GROUP LTD	16,709,759 (-7.1%)	$1.604B (-7.0%)	4.8%	$22.95	+317.6%	ORD	G0450A105
JLL	JONES LANG LASALLE INC	241,208 (-57.3%)	$73.4M (-61.3%)	0.2%	$219.48	+53.1%	COM	48020Q107
INTA	INTAPP INC	2,144,270 (-35.6%)	$55.09M (-63.9%)	0.2%	$40.57	-20.1%	COM	45827U109
BX	BLACKSTONE INC	94,599 (-83.7%)	$10.88M (-87.8%)	0.0%	$108.68	+29.6%	COM	09260D107
BABA	ALIBABA GROUP HLDG LTD	635,540 (-40.7%)	$79.73M (-49.2%)	0.2%	$137.20	—	SPONSORED ADS	01609W102
PRI	PRIMERICA INC	860,026 (-24.1%)	$215M (-26.4%)	0.7%	$35.19	+642.4%	COM	74164M108
CBRE	CBRE GROUP INC	1,074,451 (-21.0%)	$146M (-33.4%)	0.4%	$68.56	+135.4%	CL A	12504L109
DKNG	DRAFTKINGS INC	4,218,766 (-9.7%)	$91.21M (-43.4%)	0.3%	$27.15	+6.6%	COM CL A	26142V105
FROG	JFROG LTD	620,313 (-58.5%)	$29.11M (-68.8%)	0.1%	$37.27	+42.1%	ORD SHS	M6191J100
IBP	INSTALLED BLDG PRODS INC	198,216 (-53.2%)	$52.56M (-52.1%)	0.2%	$75.73	+305.5%	COM	45780R101
FICO	FAIR ISAAC CORP	57,929 (-15.6%)	$61.84M (-46.7%)	0.2%	$405.90	+261.4%	COM	303250104
ODD	ODDITY TECH LTD	62,630 (-95.4%)	$838K (-98.5%)	0.0%	$42.10	-23.7%	SHS CL A	M7518J104
MELI	MERCADOLIBRE INC	42,793 (-30.9%)	$73.99M (-40.7%)	0.2%	$1015.64	+103.5%	COM	58733R102
ICLR	ICON PLC	426,805 (-20.1%)	$47.23M (-51.5%)	0.1%	$117.17	+33.4%	SHS	G4705A100
BN	BROOKFIELD CORP	2,905,510 (-20.1%)	$118M (-29.5%)	0.4%	$35.03	+33.2%	CL A LTD VT SH	11271J107
NVDA	NVIDIA CORPORATION	2,919,758 (-2.3%)	$509M (-8.7%)	1.5%	$93.26	+100.1%	COM	67066G104
CPNG	COUPANG INC	2,809,513 (-34.3%)	$53.04M (-47.4%)	0.2%	$17.00	+16.8%	CL A	22266T109
VRT	VERTIV HOLDINGS CO	1,181,144 (-23.6%)	$296M (+18.2%)	0.9%	$17.99	+1010.8%	COM CL A	92537N108
HLI	HOULIHAN LOKEY INC	1,061,403 (-5.6%)	$152M (-22.1%)	0.5%	$39.12	+348.9%	CL A	441593100
AMT	AMERICAN TOWER CORP	23,709 (-91.1%)	$4.092M (-91.3%)	0.0%	$189.52	-7.8%	COM	03027X100
TECH	BIO-TECHNE CORP	561,441 (-53.5%)	$29.34M (-58.7%)	0.1%	$63.82	+0.4%	COM	09073M104
KTOS	KRATOS DEFENSE & SEC SOLUTIO	715,395 (-40.9%)	$50.44M (-45.1%)	0.2%	$17.43	+487.5%	COM	50077B207
KRMN	KARMAN HLDGS INC	1,279,093 (-33.2%)	$102M (-26.9%)	0.3%	$32.27	+197.8%	COMMON STOCK	485924104
RBC	RBC BEARINGS INC	181,481 (-40.1%)	$98.57M (-27.5%)	0.3%	$158.96	+225.7%	COM	75524B104
MTD	METTLER TOLEDO INTERNATIONAL	133,639 (-8.7%)	$169M (-17.4%)	0.5%	$212.95	+563.6%	COM	592688105
TEAM	ATLASSIAN CORPORATION	1,845 (-99.2%)	$126K (-99.6%)	0.0%	$188.18	-39.8%	CL A	049468101
BAM	BROOKFIELD ASSET MANAGMT LTD	398,072 (-59.6%)	$17.69M (-65.7%)	0.1%	$35.49	+45.0%	CL A LMT VTG SHS	113004105
ALKT	ALKAMI TECHNOLOGY INC	2,308,036 (-22.6%)	$36.17M (-47.4%)	0.1%	$25.63	-24.2%	COM	01644J108
META	META PLATFORMS INC	256,700 (-5.0%)	$147M (-17.6%)	0.4%	$219.04	+199.3%	CL A	30303M102
LVS	LAS VEGAS SANDS CORP	1,226,430 (-18.1%)	$66.08M (-32.2%)	0.2%	$48.40	+20.6%	COM	517834107
TOL	TOLL BROTHERS INC	932,031 (-20.1%)	$127M (-19.3%)	0.4%	$82.82	+81.1%	COM	889478103
VEEV	VEEVA SYS INC	168,126 (-35.8%)	$29.53M (-49.5%)	0.1%	$95.98	+112.5%	CL A COM	922475108
ARGX	ARGENX SE	138,648 (-9.8%)	$101M (-21.7%)	0.3%	$242.15	—	SPONSORED ADR	04016X101
STUB	STUBHUB HLDGS INC	1,931,317 (-34.6%)	$12.05M (-69.8%)	0.0%	$18.34	-34.3%	CL A	86384P109
CRH	CRH PLC	739,176 (-12.5%)	$77.7M (-26.3%)	0.2%	$95.79	+29.8%	ORD	G25508105
YMM	FULL TRUCK ALLIANCE CO LTD	4,184,358 (-27.5%)	$34.73M (-43.9%)	0.1%	$7.52	—	SPONSORED ADS	35969L108
IBKR	INTERACTIVE BROKERS GROUP IN	4,047,376 (-12.8%)	$271M (-9.1%)	0.8%	$43.66	+68.6%	COM CL A	45841N107
ROP	ROPER TECHNOLOGIES INC	186,159 (-10.3%)	$65.87M (-28.7%)	0.2%	$151.84	+149.0%	COM	776696106
SKY	CHAMPION HOMES INC	469,822 (-35.2%)	$34.94M (-43.0%)	0.1%	$78.80	+14.6%	COM	830830105
MC	MOELIS & CO	163,197 (-68.2%)	$9.302M (-73.6%)	0.0%	$13.48	+422.0%	CL A	60786M105
LPLA	LPL FINL HLDGS INC	121,778 (-30.5%)	$36.63M (-41.5%)	0.1%	$296.52	+20.4%	COM	50212V100
TRU	TRANSUNION	641,179 (-21.2%)	$44.36M (-36.4%)	0.1%	$51.13	+54.4%	COM	89400J107
PCOR	PROCORE TECHNOLOGIES INC	1,499,091 (-1.1%)	$85.45M (-22.5%)	0.3%	$70.39	-14.4%	COM	74275K108
NVMI	NOVA LTD	59,858 (-61.3%)	$26M (-48.8%)	0.1%	$184.02	+138.4%	COM	M7516K103
AVGO	BROADCOM INC	523,219 (-2.7%)	$162M (-13.0%)	0.5%	$175.24	+90.7%	COM	11135F101
AEIS	ADVANCED ENERGY INDS	268,725 (-10.2%)	$86.72M (+38.5%)	0.3%	$82.00	+229.9%	COM	007973100
PAR	PAR TECHNOLOGY CORP	944,301 (-6.0%)	$12.59M (-65.5%)	0.0%	$52.79	-46.4%	COM	698884103
NCNO	NCINO INC	2,050,073 (-2.5%)	$30.71M (-43.0%)	0.1%	$30.81	-32.6%	COM	63947X101
WST	WEST PHARMACEUTICAL SVSC INC	199,750 (-24.1%)	$50.07M (-30.9%)	0.2%	$38.91	+547.5%	COM	955306105
VMC	VULCAN MATLS CO	153,819 (-31.7%)	$41.88M (-34.8%)	0.1%	$244.83	+25.3%	COM	929160109
ASGN	EVERFORTH INC	1,060,800 (-19.1%)	$41.06M (-35.0%)	0.1%	$87.88	-45.3%	COM	00191U102
COO	COOPER COS INC	454,864 (-31.5%)	$32.52M (-40.3%)	0.1%	$96.75	-15.1%	COM	216648501
APH	AMPHENOL CORP	1,659,690 (-3.0%)	$210M (-9.3%)	0.6%	$45.21	+223.8%	CL A	032095101
HEI/A	HEICO CORP	419,407 (-3.4%)	$88.53M (-19.3%)	0.3%	$116.74	+122.3%	CL A	422806208
JBTM	JBT MAREL CORPORATION	660,040 (-5.7%)	$84.4M (-20.0%)	0.3%	$92.43	+72.7%	COM	477839104
FWONK	LIBERTY MEDIA CORP DEL	800,000 (-11.1%)	$68.02M (-23.3%)	0.2%	$62.30	—	COM LBTY ONE S C	531229755
NOW	SERVICENOW INC	134,330 (-40.3%)	$14.04M (-59.2%)	0.0%	$149.23	-18.8%	COM	81762P102
ROL	ROLLINS INC	998,020 (-17.4%)	$53.3M (-26.5%)	0.2%	$23.49	+163.2%	COM	775711104
WING	WINGSTOP INC	207,987 (-3.4%)	$32.23M (-37.2%)	0.1%	$258.65	+2.3%	COM	974155103
ZS	ZSCALER INC	173,025 (-9.4%)	$24.27M (-43.5%)	0.1%	$149.92	+29.0%	COM	98980G102
FND	FLOOR & DECOR HLDGS INC	1,273,764 (-6.0%)	$64.71M (-21.5%)	0.2%	$66.58	+5.1%	CL A	339750101
PONY	PONY AI INC	2,125,643 (-17.8%)	$20.07M (-46.5%)	0.1%	$15.67	—	SPONSORED ADS	732908108
DRVN	DRIVEN BRANDS HLDGS INC	4,500,196 (-10.0%)	$56.75M (-23.4%)	0.2%	$19.22	-17.8%	COM	26210V102
CGNX	COGNEX CORP	1,740,166 (-8.4%)	$85.25M (+24.7%)	0.3%	$38.67	+15.0%	COM	192422103
SPG	SIMON PPTY GROUP INC	166,058 (-34.3%)	$30.97M (-33.8%)	0.1%	$151.58	+21.4%	COM	828806109
INSP	INSPIRE MED SYS INC	298,470 (-11.6%)	$15.4M (-50.5%)	0.0%	$114.71	-32.5%	COM	457730109
LLY	ELI LILLY & CO	85,066 (-1.6%)	$78.24M (-15.8%)	0.2%	$685.87	+52.7%	COM	532457108
EQR	EQUITY RESIDENTIAL	473,496 (-29.9%)	$28.01M (-34.2%)	0.1%	$61.83	+0.3%	SH BEN INT	29476L107
SAIL	SAILPOINT INC	292,597 (-67.4%)	$3.874M (-78.7%)	0.0%	$21.56	-22.7%	COM	78781J109
MRCY	MERCURY SYS INC	645,066 (-22.8%)	$47.03M (-22.9%)	0.1%	$47.13	+92.2%	COM	589378108
XYZ	BLOCK INC	165,728 (-54.0%)	$9.974M (-57.5%)	0.0%	$123.07	-51.0%	CL A	852234103
S	SENTINELONE INC	1,908,204 (-24.8%)	$24.58M (-35.4%)	0.1%	$17.54	-20.4%	CL A	81730H109
BWIN	THE BALDWIN INSURANCE GRP IN	2,710,068 (-10.0%)	$59.46M (-17.8%)	0.2%	$18.64	+16.0%	COM CL A	05589G102
VTR	VENTAS INC	998,339 (-18.1%)	$81.64M (-13.5%)	0.2%	$72.17	+7.1%	COM	92276F100
SSNC	SS&C TECH HLDGS	572,451 (-1.1%)	$38.68M (-23.5%)	0.1%	$25.29	+216.4%	COM	78467J100
HEI	HEICO CORP	167,976 (-5.4%)	$46.06M (-19.9%)	0.1%	$128.11	+164.6%	COM	422806109
LGN	LEGENCE CORP	1,245,682 (-10.7%)	$70.33M (+17.1%)	0.2%	$31.48	+55.1%	CL A	52476L109
KKR	KKR & CO INC	233,268 (-5.3%)	$21.58M (-31.3%)	0.1%	$126.51	-9.3%	COM	48251W104
MPWR	MONOLITHIC PWR SYS INC	62,994 (-3.4%)	$68.87M (+16.5%)	0.2%	$687.43	+60.7%	COM	609839105
VIA	VIA TRANSN INC	370,985 (-28.6%)	$5.565M (-63.1%)	0.0%	$46.54	-52.3%	COM CL A	92556W104
LLYVK	LIBERTY LIVE HOLDINGS INC	1,525,473 (-5.5%)	$144M (+7.0%)	0.4%	$85.87	+0.9%	COM SHS SER C	530909308
SNPS	SYNOPSYS INC	4,473 (-80.8%)	$1.773M (-83.8%)	0.0%	$565.30	-16.6%	COM	871607107
CAKE	CHEESECAKE FACTORY INC	1,000,037 (-20.0%)	$54.75M (-13.2%)	0.2%	$31.36	+91.4%	COM	163072101
BXMT	BLACKSTONE MORTGAGE TRUST IN	1,568,430 (-21.6%)	$30.04M (-21.5%)	0.1%	$19.23	—	COM CL A	09257W100
NEOG	NEOGEN CORP	5,009,659 (-9.1%)	$46.54M (+20.8%)	0.1%	$19.85	-49.5%	COM	640491106
CDW	CDW CORP	202,373 (-12.5%)	$24.49M (-22.2%)	0.1%	$61.46	+111.5%	COM	12514G108
BAP	CREDICORP LTD	222,224 (-22.0%)	$75.37M (-7.9%)	0.2%	$125.24	+169.0%	COM	G2519Y108
APO	APOLLO GLOBAL MGMT INC	110,119 (-11.8%)	$12.27M (-32.1%)	0.0%	$98.53	+35.4%	COM	03769M106
TMO	THERMO FISHER SCIENTIFIC INC	23,670 (-17.9%)	$11.63M (-30.3%)	0.0%	$520.12	+10.5%	COM	883556102
LOW	LOWES COS INC	206,788 (-6.8%)	$48.86M (-8.7%)	0.1%	$207.59	+30.8%	COM	548661107
PRMB	PRIMO BRANDS CORPORATION	2,186,585 (-2.9%)	$41.17M (+11.8%)	0.1%	$26.43	-29.3%	CLASS A COM SHS	741623102
AMH	AMERICAN HOMES 4 RENT	93,977 (-55.8%)	$2.624M (-61.5%)	0.0%	$34.19	—	CL A	02665T306
AFYA	AFYA LTD	1,483,658 (-12.1%)	$22.06M (-15.2%)	0.1%	$22.61	-35.1%	CL A COM	G01125106
ABBV	ABBVIE INC	8,000 (-67.7%)	$1.74M (-69.3%)	0.0%	$205.87	+8.1%	COM	00287Y109
WCN	WASTE CONNECTIONS INC	192,621 (-3.7%)	$31.29M (-10.8%)	0.1%	$50.44	+231.8%	COM	94106B101
DB	DEUTSCHE BK AG	139,697 (-31.0%)	$4.16M (-46.7%)	0.0%	$20.86	+82.3%	NAMEN AKT	D18190898
FVRR	FIVERR INTL LTD	327,869 (-4.2%)	$3.285M (-51.4%)	0.0%	$36.92	-57.5%	ORD SHS	M4R82T106
NOVT	NOVANTA INC	915,083 (-2.3%)	$108M (-3.1%)	0.3%	$118.58	+14.5%	COM	67000B104
INSM	INSMED INC	20,000 (-47.6%)	$3.27M (-50.8%)	0.0%	$75.15	+111.6%	COM PAR $.01	457669307
VRSN	VERISIGN INC	14,404 (-48.7%)	$3.577M (-47.6%)	0.0%	$64.87	+263.0%	COM	92343E102
AVNT	AVIENT CORPORATION	778,000 (-22.2%)	$28.24M (-9.6%)	0.1%	$23.72	+58.8%	COM	05368V106
WIX	WIX COM LTD	136,080 (-6.9%)	$12.26M (-19.3%)	0.0%	$82.64	-1.4%	SHS	M98068105
ABVX	ABIVAX SA	5,500 (-78.0%)	$612K (-81.8%)	0.0%	$106.88	—	SPONSORED ADS	00370M103
WMS	ADVANCED DRAIN SYS INC DEL	291,152 (-1.2%)	$39.93M (-6.4%)	0.1%	$116.00	+39.0%	COM	00790R104
IEX	IDEX CORP	52,776 (-26.0%)	$10M (-21.2%)	0.0%	$80.58	+147.1%	COM	45167R104
HDB	HDFC BANK LTD	63,292 (-43.4%)	$1.575M (-61.5%)	0.0%	$47.99	—	SPONSORED ADS	40415F101
TW	TRADEWEB MKTS INC	367,448 (-3.6%)	$43.23M (+5.4%)	0.1%	$43.96	+148.7%	CL A	892672106
DXCM	DEXCOM INC	241,000 (-6.4%)	$15.13M (-11.4%)	0.0%	$74.69	-5.1%	COM	252131107
MSGS	MADISON SQUARE GRDN SPRT COR	165,015 (-17.5%)	$53.04M (+2.5%)	0.2%	$121.04	+137.0%	CL A	55825T103
HOOD	ROBINHOOD MKTS INC	7,720 (-51.6%)	$535K (-70.3%)	0.0%	$42.68	+124.4%	COM CL A	770700102
RHI	ROBERT HALF INC.	15,600 (-72.9%)	$396K (-74.7%)	0.0%	$38.01	-26.4%	COM	770323103
A	AGILENT TECHNOLOGIES INC	36,589 (-5.6%)	$4.17M (-21.0%)	0.0%	$90.16	+49.5%	COM	00846U101
AHR	AMERICAN HEALTHCARE REIT INC	204,159 (-9.8%)	$9.628M (-9.7%)	0.0%	$30.74	—	COM SHS	398182303
SYK	STRYKER CORPORATION	5,500 (-31.3%)	$1.807M (-35.7%)	0.0%	$295.57	+23.4%	COM	863667101
MUFG	MITSUBISHI UFJ FINANCIAL GRO	336,533 (-20.4%)	$5.711M (-14.9%)	0.0%	$9.78	—	SPONSORED ADS	606822104
ESS	ESSEX PPTY TR INC	16,125 (-13.0%)	$3.902M (-19.5%)	0.0%	$256.27	+0.2%	COM	297178105
PLD	PROLOGIS INC.	1,065,747 (-3.9%)	$141M (-0.5%)	0.4%	$113.90	+13.3%	COM	74340W103
MU	MICRON TECHNOLOGY INC	3,347 (-47.3%)	$1.131M (-37.6%)	0.0%	$229.35	+68.8%	COM	595112103
EXR	EXTRA SPACE STORAGE INC	60,011 (-7.3%)	$7.869M (-6.6%)	0.0%	$135.01	-3.0%	COM	30225T102
COF	CAPITAL ONE FINL CORP	6,000 (-2.2%)	$1.095M (-26.4%)	0.0%	$219.33	+1.8%	COM	14040H105
AEM	AGNICO EAGLE MINES LTD	13,367 (-10.4%)	$2.713M (+7.3%)	0.0%	$48.73	+322.8%	COM	008474108
JKHY	HENRY JACK & ASSOC INC	5,016 (-1.8%)	$793K (-15.0%)	0.0%	$154.52	+13.5%	COM	426281101
EFX	EQUIFAX INC	2,704 (-5.6%)	$487K (-21.7%)	0.0%	$233.39	-12.5%	COM	294429105
PGR	PROGRESSIVE CORP	3,452 (-3.6%)	$684K (-16.1%)	0.0%	$111.77	+84.9%	COM	743315103
XENE	XENON PHARMACEUTICALS INC	25,000 (-16.7%)	$1.454M (+8.1%)	0.0%	$35.99	+16.6%	COM	98420N105

Unchanged Positions (56)

TSLA TESLA INC 13.4%

Value $4.436B Shares 11,933,509 Est. Cost $218.07 Unrealized +95.3%

FIGS FIGS INC 2.7%

Value $886M Shares 59,959,449 Est. Cost $7.95 Unrealized +41.0%

PWR QUANTA SVCS INC 0.5%

Value $179M Shares 325,840 Est. Cost $180.27 Unrealized +169.7%

RGEN REPLIGEN CORP 0.2%

Value $64.61M Shares 548,346 Est. Cost $149.74 Unrealized +1.8%

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.6%

Value $215M Shares 636,267 Est. Cost $95.39 Unrealized —

TME TENCENT MUSIC ENTMT GROUP 0.1%

Value $19.11M Shares 2,059,399 Est. Cost $11.99 Unrealized —

ESTA ESTABLISHMENT LABS HLDGS INC 0.2%

Value $54.75M Shares 964,167 Est. Cost $47.28 Unrealized +48.8%

RDNT RADNET INC 0.1%

Value $45.27M Shares 810,066 Est. Cost $58.07 Unrealized +23.2%

FA FIRST ADVANTAGE CORP 0.1%

Value $44.1M Shares 3,750,173 Est. Cost $16.74 Unrealized -23.7%

ISRG INTUITIVE SURGICAL INC 0.1%

Value $44.85M Shares 97,297 Est. Cost $276.88 Unrealized +88.2%

GDYN GRID DYNAMICS HLDGS INC 0.1%

Value $17.1M Shares 3,000,322 Est. Cost $13.00 Unrealized -38.4%

SQM SOCIEDAD QUIMICA Y MINERA DE 0.1%

Value $45.39M Shares 560,774 Est. Cost $42.98 Unrealized —

HQY HEALTHEQUITY INC 0.2%

Value $62.68M Shares 750,025 Est. Cost $29.20 Unrealized +184.8%

MEG MONTROSE ENVIRONMENTAL GROUP 0.1%

Value $47.46M Shares 2,168,183 Est. Cost $26.64 Unrealized -11.5%

MA MASTERCARD INCORPORATED 0.1%

Value $39.85M Shares 79,754 Est. Cost $222.36 Unrealized +142.4%

INTU INTUIT 0.0%

Value $8.792M Shares 20,335 Est. Cost $511.89 Unrealized -2.8%

SPRY ARS PHARMACEUTICALS INC 0.0%

Value $10.22M Shares 1,273,341 Est. Cost $14.35 Unrealized -28.7%

HLT HILTON WORLDWIDE HLDGS INC 0.2%

Value $80.69M Shares 265,363 Est. Cost $172.57 Unrealized +76.8%

SPGI S&P GLOBAL INC 0.1%

Value $16.66M Shares 39,177 Est. Cost $368.19 Unrealized +31.8%

ARX ACCELERANT HOLDINGS 0.0%

Value $16.15M Shares 1,208,794 Est. Cost $23.42 Unrealized -44.0%

NP NEPTUNE INS HLDGS INC 0.1%

Value $17.14M Shares 708,474 Est. Cost $26.30 Unrealized -8.7%

HLLY HOLLEY INC 0.0%

Value $9.977M Shares 3,250,000 Est. Cost $4.39 Unrealized -5.8%

WTW WILLIS TOWERS WATSON PLC LTD 0.1%

Value $24.98M Shares 85,918 Est. Cost $110.60 Unrealized +184.8%

GCMG GCM GROSVENOR INC 0.1%

Value $21.56M Shares 2,200,349 Est. Cost $10.45 Unrealized +9.0%

ILMN ILLUMINA INC 0.1%

Value $27.04M Shares 219,359 Est. Cost $121.97 Unrealized +11.0%

CG CARLYLE GROUP INC 0.0%

Value $7.597M Shares 157,000 Est. Cost $36.47 Unrealized +61.7%

CDRO CODERE ONLINE LUXEMBOURG S A 0.1%

Value $29.78M Shares 3,503,284 Est. Cost $8.79 Unrealized -10.2%

CME CME GROUP INC 0.0%

Value $15.27M Shares 51,700 Est. Cost $223.37 Unrealized +29.5%

GLPI GAMING & LEISURE P 0.2%

Value $81.92M Shares 1,846,273 Est. Cost $42.69 Unrealized —

COST COSTCO WHOLESALE CORPORATION 0.0%

Value $6.326M Shares 6,349 Est. Cost $550.42 Unrealized +75.1%

SITM SITIME CORP 0.1%

Value $40.39M Shares 116,961 Est. Cost $168.91 Unrealized +123.5%

ROIV ROIVANT SCIENCES LTD 0.0%

Value $3.462M Shares 125,000 Est. Cost $13.56 Unrealized +78.3%

PDD PDD HOLDINGS INC 0.0%

Value $6.33M Shares 61,948 Est. Cost $137.96 Unrealized —

EPAC ENERPAC TOOL GROUP CORP 0.0%

Value $16.33M Shares 447,643 Est. Cost $37.35 Unrealized +10.2%

HGV HILTON GRAND VACATIONS INC 0.0%

Value $4.311M Shares 110,200 Est. Cost $29.01 Unrealized +60.8%

EGP EASTGROUP PPTYS INC 0.0%

Value $15.66M Shares 84,614 Est. Cost $175.74 Unrealized —

VKTX VIKING THERAPEUTICS INC 0.0%

Value $4.083M Shares 125,486 Est. Cost $25.78 Unrealized +21.6%

VOYG VOYAGER TECHNOLOGIES INC 0.0%

Value $2.807M Shares 120,000 Est. Cost $47.68 Unrealized -37.0%

GRAL GRAIL INC 0.0%

Value $399K Shares 7,713 Est. Cost $16.22 Unrealized +481.9%

BYD BOYD GAMING CORP 0.0%

Value $6.55M Shares 79,700 Est. Cost $46.07 Unrealized +84.8%

DEI DOUGLAS EMMETT INC 0.0%

Value $1.171M Shares 124,363 Est. Cost $21.80 Unrealized —

TRNO TERRENO RLTY CORP 0.0%

Value $4.147M Shares 67,525 Est. Cost $56.14 Unrealized —

QCOM QUALCOMM INC 0.0%

Value $515K Shares 4,000 Est. Cost $46.91 Unrealized +228.1%

TXRH TEXAS ROADHOUSE INC 0.2%

Value $52.13M Shares 315,698 Est. Cost $102.86 Unrealized +79.4%

KYMR KYMERA THERAPEUTICS INC 0.0%

Value $1.666M Shares 20,000 Est. Cost $59.68 Unrealized +30.0%

ASND ASCENDIS PHARMA A/S 0.0%

Value $1.281M Shares 5,600 Est. Cost $198.81 Unrealized —

MANH MANHATTAN ASSOCIATES INC 0.0%

Value $206K Shares 1,550 Est. Cost $31.28 Unrealized +398.1%

TROW PRICE T ROWE GROUP INC 0.0%

Value $361K Shares 4,000 Est. Cost $52.47 Unrealized +92.9%

CNS COHEN & STEERS INC 0.0%

Value $10.33M Shares 165,076 Est. Cost $32.12 Unrealized +105.8%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.0%

Value $718K Shares 1 Est. Cost $219349.66 Unrealized +237.5%

KMX CARMAX INC 0.0%

Value $452K Shares 10,875 Est. Cost $46.56 Unrealized -3.6%

HD HOME DEPOT INC 0.0%

Value $658K Shares 2,000 Est. Cost $221.51 Unrealized +70.2%

GS GOLDMAN SACHS GROUP INC 0.0%

Value $677K Shares 800 Est. Cost $133.80 Unrealized +597.0%

SBAC SBA COMMUNICATIONS CORP 0.0%

Value $103K Shares 600 Est. Cost $137.12 Unrealized +40.4%

BNTX BIONTECH SE 0.0%

Value $68,971 Shares 776 Est. Cost $115.08 Unrealized —

PI IMPINJ INC 0.0%

Value $1,951 Shares 19 Est. Cost $157.69 Unrealized -3.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TSLA	TESLA INC	11,933,509	$4.436B	13.4%	$218.07	+95.3%	COM	88160R101
FIGS	FIGS INC	59,959,449	$886M	2.7%	$7.95	+41.0%	CL A	30260D103
PWR	QUANTA SVCS INC	325,840	$179M	0.5%	$180.27	+169.7%	COM	74762E102
RGEN	REPLIGEN CORP	548,346	$64.61M	0.2%	$149.74	+1.8%	COM	759916109
TSM	TAIWAN SEMICONDUCTOR MANUFAC	636,267	$215M	0.6%	$95.39	—	SPONSORED ADS	874039100
TME	TENCENT MUSIC ENTMT GROUP	2,059,399	$19.11M	0.1%	$11.99	—	SPON ADS	88034P109
ESTA	ESTABLISHMENT LABS HLDGS INC	964,167	$54.75M	0.2%	$47.28	+48.8%	COM	G31249108
RDNT	RADNET INC	810,066	$45.27M	0.1%	$58.07	+23.2%	COM	750491102
FA	FIRST ADVANTAGE CORP	3,750,173	$44.1M	0.1%	$16.74	-23.7%	COM	31846B108
ISRG	INTUITIVE SURGICAL INC	97,297	$44.85M	0.1%	$276.88	+88.2%	COM	46120E602
GDYN	GRID DYNAMICS HLDGS INC	3,000,322	$17.1M	0.1%	$13.00	-38.4%	CL A	39813G109
SQM	SOCIEDAD QUIMICA Y MINERA DE	560,774	$45.39M	0.1%	$42.98	—	SPON ADR SER B	833635105
HQY	HEALTHEQUITY INC	750,025	$62.68M	0.2%	$29.20	+184.8%	COM	42226A107
MEG	MONTROSE ENVIRONMENTAL GROUP	2,168,183	$47.46M	0.1%	$26.64	-11.5%	COM	615111101
MA	MASTERCARD INCORPORATED	79,754	$39.85M	0.1%	$222.36	+142.4%	CL A	57636Q104
INTU	INTUIT	20,335	$8.792M	0.0%	$511.89	-2.8%	COM	461202103
SPRY	ARS PHARMACEUTICALS INC	1,273,341	$10.22M	0.0%	$14.35	-28.7%	COM	82835W108
HLT	HILTON WORLDWIDE HLDGS INC	265,363	$80.69M	0.2%	$172.57	+76.8%	COM	43300A203
SPGI	S&P GLOBAL INC	39,177	$16.66M	0.1%	$368.19	+31.8%	COM	78409V104
ARX	ACCELERANT HOLDINGS	1,208,794	$16.15M	0.0%	$23.42	-44.0%	CL A	G00894108
NP	NEPTUNE INS HLDGS INC	708,474	$17.14M	0.1%	$26.30	-8.7%	CL A	64073B103
HLLY	HOLLEY INC	3,250,000	$9.977M	0.0%	$4.39	-5.8%	COM	43538H103
WTW	WILLIS TOWERS WATSON PLC LTD	85,918	$24.98M	0.1%	$110.60	+184.8%	SHS	G96629103
GCMG	GCM GROSVENOR INC	2,200,349	$21.56M	0.1%	$10.45	+9.0%	COM CL A	36831E108
ILMN	ILLUMINA INC	219,359	$27.04M	0.1%	$121.97	+11.0%	COM	452327109
CG	CARLYLE GROUP INC	157,000	$7.597M	0.0%	$36.47	+61.7%	COM	14316J108
CDRO	CODERE ONLINE LUXEMBOURG S A	3,503,284	$29.78M	0.1%	$8.79	-10.2%	ORDINARY SHARES	L18268109
CME	CME GROUP INC	51,700	$15.27M	0.0%	$223.37	+29.5%	COM	12572Q105
GLPI	GAMING & LEISURE P	1,846,273	$81.92M	0.2%	$42.69	—	COM	36467J108
COST	COSTCO WHOLESALE CORPORATION	6,349	$6.326M	0.0%	$550.42	+75.1%	COM	22160K105
SITM	SITIME CORP	116,961	$40.39M	0.1%	$168.91	+123.5%	COM	82982T106
ROIV	ROIVANT SCIENCES LTD	125,000	$3.462M	0.0%	$13.56	+78.3%	SHS	G76279101
PDD	PDD HOLDINGS INC	61,948	$6.33M	0.0%	$137.96	—	SPONSORED ADS	722304102
EPAC	ENERPAC TOOL GROUP CORP	447,643	$16.33M	0.0%	$37.35	+10.2%	CL A COM	292765104
HGV	HILTON GRAND VACATIONS INC	110,200	$4.311M	0.0%	$29.01	+60.8%	COM	43283X105
EGP	EASTGROUP PPTYS INC	84,614	$15.66M	0.0%	$175.74	—	COM	277276101
VKTX	VIKING THERAPEUTICS INC	125,486	$4.083M	0.0%	$25.78	+21.6%	COM	92686J106
VOYG	VOYAGER TECHNOLOGIES INC	120,000	$2.807M	0.0%	$47.68	-37.0%	COM CL A	92892B103
GRAL	GRAIL INC	7,713	$399K	0.0%	$16.22	+481.9%	COM	384747101
BYD	BOYD GAMING CORP	79,700	$6.55M	0.0%	$46.07	+84.8%	COM	103304101
DEI	DOUGLAS EMMETT INC	124,363	$1.171M	0.0%	$21.80	—	COM	25960P109
TRNO	TERRENO RLTY CORP	67,525	$4.147M	0.0%	$56.14	—	COM	88146M101
QCOM	QUALCOMM INC	4,000	$515K	0.0%	$46.91	+228.1%	COM	747525103
TXRH	TEXAS ROADHOUSE INC	315,698	$52.13M	0.2%	$102.86	+79.4%	COM	882681109
KYMR	KYMERA THERAPEUTICS INC	20,000	$1.666M	0.0%	$59.68	+30.0%	COM	501575104
ASND	ASCENDIS PHARMA A/S	5,600	$1.281M	0.0%	$198.81	—	SPONSORED ADR	04351P101
MANH	MANHATTAN ASSOCIATES INC	1,550	$206K	0.0%	$31.28	+398.1%	COM	562750109
TROW	PRICE T ROWE GROUP INC	4,000	$361K	0.0%	$52.47	+92.9%	COM	74144T108
CNS	COHEN & STEERS INC	165,076	$10.33M	0.0%	$32.12	+105.8%	COM	19247A100
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$718K	0.0%	$219349.66	+237.5%	CL A	084670108
KMX	CARMAX INC	10,875	$452K	0.0%	$46.56	-3.6%	COM	143130102
HD	HOME DEPOT INC	2,000	$658K	0.0%	$221.51	+70.2%	COM	437076102
GS	GOLDMAN SACHS GROUP INC	800	$677K	0.0%	$133.80	+597.0%	COM	38141G104
SBAC	SBA COMMUNICATIONS CORP	600	$103K	0.0%	$137.12	+40.4%	CL A	78410G104
BNTX	BIONTECH SE	776	$68,971	0.0%	$115.08	—	SPONSORED ADS	09075V102
PI	IMPINJ INC	19	$1,951	0.0%	$157.69	-3.6%	COM	453204109