Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MU	MICRON TECHNOLOGY INC	526,810	$608M	2.3%	$1154.29	—	COM	595112103
AMD	ADVANCED MICRO DEVICES INC	672,555	$391M	1.5%	$580.91	—	COM	007903107
SPCX	SPACE EXPLORATION TECHN CORP	2,276,744	$389M	1.4%	$170.86	—	CLASS A COM STK	84615Q103
SNDK	SANDISK CORP	153,093	$348M	1.3%	$2273.73	—	COM	80004C200
SPHR	SPHERE ENTERTAINMENT CO	1,358,321	$235M	0.9%	$173.03	—	CL A	55826T102
ARM	ARM HOLDINGS PLC	642,829	$228M	0.8%	$354.57	—	SPONSORED ADS	042068205
WWD	WOODWARD INC	153,660	$65.37M	0.2%	$425.44	—	COM	980745103
CRWD	CROWDSTRIKE HLDGS INC	10,020	$7.647M	0.0%	$763.14	—	CL A	22788C105
INTC	INTEL CORP	39,132	$5.464M	0.0%	$139.63	—	COM	458140100
TTMI	TTM TECHNOLOGIES INC	23,625	$4.418M	0.0%	$187.02	—	COM	87305R109
IWF	ISHARES TR	22,200	$2.757M	0.0%	$124.17	—	RUS 1000 GRW ETF	464287614
CBRS	CEREBRAS SYSTEMS INC	11,419	$2.524M	0.0%	$221.00	—	COM CL A	15675D103
TBBB	BBB FOODS INC	6,281	$262K	0.0%	$41.67	—	CL A COM	G0896C103

Increased Positions (14)

BE BLOOM ENERGY CORP 3.3%

Value $886M (+267.5%) Shares 2,926,558 (+64.5%) Est. Cost $206.62 Unrealized —

STX SEAGATE TECHNOLOGY HLDNGS PL 2.6%

Value $696M (+233.8%) Shares 720,741 (+35.5%) Est. Cost $530.66 Unrealized —

LRCX LAM RESEARCH CORP 1.8%

Value $491M (+204.5%) Shares 1,133,965 (+50.1%) Est. Cost $295.21 Unrealized —

PWR QUANTA SVCS INC 2.0%

Value $540M (+57.1%) Shares 750,479 (+19.8%) Est. Cost $488.80 Unrealized —

CVNA CARVANA CO 2.1%

Value $557M (-16.3%) Shares 8,462,945 (+299.7%) Est. Cost $131.87 Unrealized —

XYZ BLOCK INC 1.6%

Value $428M (+29.1%) Shares 5,632,505 (+2.2%) Est. Cost $115.52 Unrealized —

ONON ON HLDG AG 1.0%

Value $265M (+23.2%) Shares 7,485,043 (+18.3%) Est. Cost $47.65 Unrealized —

GRAB GRAB HOLDINGS LIMITED 0.2%

Value $61.77M (+85.0%) Shares 16,385,578 (+79.6%) Est. Cost $3.57 Unrealized —

LLY ELI LILLY & CO 0.2%

Value $54.37M (+79.8%) Shares 45,332 (+37.8%) Est. Cost $1088.91 Unrealized —

AAPL APPLE INC 0.0%

Value $13.19M (+1515.1%) Shares 45,598 (+1316.5%) Est. Cost $287.49 Unrealized —

HOOD ROBINHOOD MKTS INC 0.0%

Value $5.318M (+1948.6%) Shares 53,032 (+1315.7%) Est. Cost $99.96 Unrealized —

AVAV AEROVIRONMENT INC 0.0%

Value $3.135M (+1176.3%) Shares 18,993 (+1315.3%) Est. Cost $174.35 Unrealized —

STVN STEVANATO GROUP S P A 0.0%

Value $9.477M (+38.6%) Shares 524,481 (+5.5%) Est. Cost $28.04 Unrealized —

LITE LUMENTUM HLDGS INC 0.0%

Value $2.541M (+1058.8%) Shares 2,961 (+849.0%) Est. Cost $816.87 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BE	BLOOM ENERGY CORP	2,926,558 (+64.5%)	$886M (+267.5%)	3.3%	$206.62	—	COM CL A	093712107
STX	SEAGATE TECHNOLOGY HLDNGS PL	720,741 (+35.5%)	$696M (+233.8%)	2.6%	$530.66	—	ORD SHS	G7997R103
LRCX	LAM RESEARCH CORP	1,133,965 (+50.1%)	$491M (+204.5%)	1.8%	$295.21	—	COM NEW	512807306
PWR	QUANTA SVCS INC	750,479 (+19.8%)	$540M (+57.1%)	2.0%	$488.80	—	COM	74762E102
CVNA	CARVANA CO	8,462,945 (+299.7%)	$557M (-16.3%)	2.1%	$131.87	—	CL A	146869102
XYZ	BLOCK INC	5,632,505 (+2.2%)	$428M (+29.1%)	1.6%	$115.52	—	CL A	852234103
ONON	ON HLDG AG	7,485,043 (+18.3%)	$265M (+23.2%)	1.0%	$47.65	—	NAMEN AKT A	H5919C104
GRAB	GRAB HOLDINGS LIMITED	16,385,578 (+79.6%)	$61.77M (+85.0%)	0.2%	$3.57	—	CLASS A ORD	G4124C109
LLY	ELI LILLY & CO	45,332 (+37.8%)	$54.37M (+79.8%)	0.2%	$1088.91	—	COM	532457108
AAPL	APPLE INC	45,598 (+1316.5%)	$13.19M (+1515.1%)	0.0%	$287.49	—	COM	037833100
HOOD	ROBINHOOD MKTS INC	53,032 (+1315.7%)	$5.318M (+1948.6%)	0.0%	$99.96	—	COM CL A	770700102
AVAV	AEROVIRONMENT INC	18,993 (+1315.3%)	$3.135M (+1176.3%)	0.0%	$174.35	—	COM	008073108
STVN	STEVANATO GROUP S P A	524,481 (+5.5%)	$9.477M (+38.6%)	0.0%	$28.04	—	ORD SHS	T9224W109
LITE	LUMENTUM HLDGS INC	2,961 (+849.0%)	$2.541M (+1058.8%)	0.0%	$816.87	—	COM	55024U109

Exited Positions (9)

FLUT FLUTTER ENTMT PLC 0.8%

Value $203M Shares 1,988,830 Est. Cost $209.19 Unrealized —

TTEK TETRA TECH INC NEW 0.7%

Value $201M Shares 6,658,823 Est. Cost $40.78 Unrealized —

RBLX ROBLOX CORP 0.6%

Value $154M Shares 2,726,701 Est. Cost $41.71 Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.2%

Value $46.19M Shares 736,109 Est. Cost $98.04 Unrealized —

FIG FIGMA INC 0.0%

Value $3.965M Shares 187,577 Est. Cost $68.66 Unrealized —

NOW SERVICENOW INC 0.0%

Value $3.296M Shares 31,521 Est. Cost $133.79 Unrealized —

TEAM ATLASSIAN CORPORATION 0.0%

Value $975K Shares 14,281 Est. Cost $163.93 Unrealized —

SNOW SNOWFLAKE INC 0.0%

Value $630K Shares 4,178 Est. Cost $239.65 Unrealized —

ANET ARISTA NETWORKS INC 0.0%

Value $331K Shares 2,698 Est. Cost $135.05 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FLUT	FLUTTER ENTMT PLC	1,988,830	$203M	0.8%	$209.19	—	—	G3643J108
TTEK	TETRA TECH INC NEW	6,658,823	$201M	0.7%	$40.78	—	—	88162G103
RBLX	ROBLOX CORP	2,726,701	$154M	0.6%	$41.71	—	—	771049103
BSX	BOSTON SCIENTIFIC CORP	736,109	$46.19M	0.2%	$98.04	—	—	101137107
FIG	FIGMA INC	187,577	$3.965M	0.0%	$68.66	—	—	316841105
NOW	SERVICENOW INC	31,521	$3.296M	0.0%	$133.79	—	—	81762P102
TEAM	ATLASSIAN CORPORATION	14,281	$975K	0.0%	$163.93	—	—	049468101
SNOW	SNOWFLAKE INC	4,178	$630K	0.0%	$239.65	—	—	833445109
ANET	ARISTA NETWORKS INC	2,698	$331K	0.0%	$135.05	—	—	040413205

Decreased Positions (42)

NFLX NETFLIX INC. 1.4%

Value $381M (-57.9%) Shares 5,336,614 (-43.3%) Est. Cost $98.04 Unrealized —

NVDA NVIDIA CORPORATION 10.4%

Value $2.813B (-10.8%) Shares 14,059,454 (-22.3%) Est. Cost $95.66 Unrealized —

NU NU HLDGS LTD 0.6%

Value $167M (-66.2%) Shares 12,475,806 (-63.7%) Est. Cost $7.63 Unrealized —

GOOGL ALPHABET INC 6.5%

Value $1.749B (+18.7%) Shares 4,893,397 (-4.5%) Est. Cost $153.98 Unrealized —

AMZN AMAZON COM INC 4.3%

Value $1.159B (-17.2%) Shares 4,861,223 (-27.7%) Est. Cost $124.09 Unrealized —

SHOP SHOPIFY INC 3.1%

Value $827M (-22.0%) Shares 7,242,079 (-19.0%) Est. Cost $77.26 Unrealized —

ASML ASML HLDG NV 3.9%

Value $1.062B (+25.6%) Shares 533,693 (-16.6%) Est. Cost $526.51 Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 1.9%

Value $499M (-27.6%) Shares 4,055,771 (-7.5%) Est. Cost $155.87 Unrealized —

META META PLATFORMS INC 2.0%

Value $546M (-25.3%) Shares 969,879 (-24.2%) Est. Cost $339.10 Unrealized —

MELI MERCADOLIBRE INC 2.4%

Value $642M (-21.9%) Shares 378,208 (-20.5%) Est. Cost $1038.70 Unrealized —

AXON AXON ENTERPRISE INC 3.1%

Value $830M (+24.9%) Shares 1,480,817 (-5.3%) Est. Cost $246.02 Unrealized —

DASH DOORDASH INC 1.6%

Value $429M (-27.8%) Shares 2,325,795 (-41.2%) Est. Cost $154.33 Unrealized —

CRS CARPENTER TECHNOLOGY CORP 1.8%

Value $485M (+49.4%) Shares 786,150 (-4.5%) Est. Cost $312.50 Unrealized —

IOT SAMSARA INC 1.4%

Value $368M (-25.8%) Shares 11,348,732 (-27.5%) Est. Cost $40.14 Unrealized —

ISRG INTUITIVE SURGICAL INC 1.8%

Value $498M (-18.2%) Shares 1,252,424 (-5.2%) Est. Cost $516.81 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 7.0%

Value $1.875B (-5.4%) Shares 3,925,440 (-33.0%) Est. Cost $132.88 Unrealized —

SE SEA LTD 1.1%

Value $287M (-26.6%) Shares 2,998,337 (-36.6%) Est. Cost $62.47 Unrealized —

DDOG DATADOG INC 1.0%

Value $260M (+56.8%) Shares 999,799 (-28.9%) Est. Cost $98.81 Unrealized —

MSFT MICROSOFT CORP 1.8%

Value $488M (-13.8%) Shares 1,309,230 (-14.4%) Est. Cost $292.80 Unrealized —

SPOT SPOTIFY TECHNOLOGY S A 3.0%

Value $809M (-7.1%) Shares 1,761,206 (-1.8%) Est. Cost $431.51 Unrealized —

CPNG COUPANG INC 0.5%

Value $131M (-24.2%) Shares 7,559,132 (-17.6%) Est. Cost $17.49 Unrealized —

APP APPLOVIN CORP 1.6%

Value $429M (+10.8%) Shares 831,697 (-14.4%) Est. Cost $427.04 Unrealized —

NET CLOUDFLARE INC 3.0%

Value $795M (+5.2%) Shares 3,239,504 (-11.5%) Est. Cost $104.77 Unrealized —

RARE ULTRAGENYX PHARMACEUTICAL IN 0.4%

Value $105M (+56.6%) Shares 3,158,368 (-1.7%) Est. Cost $43.30 Unrealized —

MCK MCKESSON CORP 0.5%

Value $139M (-20.4%) Shares 183,535 (-8.8%) Est. Cost $696.22 Unrealized —

APH AMPHENOL CORP 0.5%

Value $135M (+32.3%) Shares 763,951 (-5.2%) Est. Cost $74.15 Unrealized —

ARGX ARGENX SE 1.0%

Value $277M (+11.5%) Shares 298,599 (-12.3%) Est. Cost $836.13 Unrealized —

V VISA INC 3.0%

Value $816M (-2.6%) Shares 2,377,099 (-14.2%) Est. Cost $87.98 Unrealized —

CSL CARLISLE COS INC 1.1%

Value $290M (-5.4%) Shares 799,872 (-13.0%) Est. Cost $366.72 Unrealized —

KSPI KASPI KZ JSC 0.5%

Value $133M (+12.9%) Shares 1,531,017 (-3.5%) Est. Cost $112.61 Unrealized —

PANW PALO ALTO NETWORKS INC 0.0%

Value $10.68M (-58.7%) Shares 31,312 (-80.6%) Est. Cost $186.87 Unrealized —

BLDR BUILDERS FIRSTSOURCE INC 0.8%

Value $204M (-5.3%) Shares 2,283,236 (-12.9%) Est. Cost $134.99 Unrealized —

FWONK LIBERTY MEDIA CORP DEL 0.5%

Value $144M (+8.3%) Shares 1,509,193 (-3.2%) Est. Cost $65.93 Unrealized —

TDG TRANSDIGM GROUP INC 0.4%

Value $119M (+9.2%) Shares 89,669 (-5.0%) Est. Cost $601.20 Unrealized —

KVYO KLAVIYO INC 0.0%

Value $3.002M (-74.1%) Shares 198,806 (-66.6%) Est. Cost $30.34 Unrealized —

AVGO BROADCOM INC 1.6%

Value $426M (-2.0%) Shares 1,126,912 (-19.7%) Est. Cost $224.65 Unrealized —

RACE FERRARI N V 0.4%

Value $104M (+7.1%) Shares 280,101 (-2.6%) Est. Cost $350.30 Unrealized —

YMM FULL TRUCK ALLIANCE CO LTD 0.1%

Value $34.87M (-15.5%) Shares 4,294,886 (-13.6%) Est. Cost $11.60 Unrealized —

WCN WASTE CONNECTIONS INC 0.4%

Value $102M (-1.5%) Shares 609,721 (-4.0%) Est. Cost $177.72 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.0%

Value $2.094M (-37.6%) Shares 17,944 (-21.7%) Est. Cost $177.42 Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.0%

Value $667K (-31.8%) Shares 6,950 (-10.8%) Est. Cost $145.82 Unrealized —

HDB HDFC BANK LTD 0.1%

Value $22.37M (-1.0%) Shares 865,858 (-4.6%) Est. Cost $49.19 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NFLX	NETFLIX INC.	5,336,614 (-43.3%)	$381M (-57.9%)	1.4%	$98.04	—	COM	64110L106
NVDA	NVIDIA CORPORATION	14,059,454 (-22.3%)	$2.813B (-10.8%)	10.4%	$95.66	—	COM	67066G104
NU	NU HLDGS LTD	12,475,806 (-63.7%)	$167M (-66.2%)	0.6%	$7.63	—	ORD SHS CL A	G6683N103
GOOGL	ALPHABET INC	4,893,397 (-4.5%)	$1.749B (+18.7%)	6.5%	$153.98	—	CAP STK CL A	02079K305
AMZN	AMAZON COM INC	4,861,223 (-27.7%)	$1.159B (-17.2%)	4.3%	$124.09	—	COM	023135106
SHOP	SHOPIFY INC	7,242,079 (-19.0%)	$827M (-22.0%)	3.1%	$77.26	—	CL A SUB VTG SHS	82509L107
ASML	ASML HLDG NV	533,693 (-16.6%)	$1.062B (+25.6%)	3.9%	$526.51	—	N Y REGISTRY SHS	N07059210
ICE	INTERCONTINENTAL EXCHANGE IN	4,055,771 (-7.5%)	$499M (-27.6%)	1.9%	$155.87	—	COM	45866F104
META	META PLATFORMS INC	969,879 (-24.2%)	$546M (-25.3%)	2.0%	$339.10	—	CL A	30303M102
MELI	MERCADOLIBRE INC	378,208 (-20.5%)	$642M (-21.9%)	2.4%	$1038.70	—	COM	58733R102
AXON	AXON ENTERPRISE INC	1,480,817 (-5.3%)	$830M (+24.9%)	3.1%	$246.02	—	COM	05464C101
DASH	DOORDASH INC	2,325,795 (-41.2%)	$429M (-27.8%)	1.6%	$154.33	—	CL A	25809K105
CRS	CARPENTER TECHNOLOGY CORP	786,150 (-4.5%)	$485M (+49.4%)	1.8%	$312.50	—	COM	144285103
IOT	SAMSARA INC	11,348,732 (-27.5%)	$368M (-25.8%)	1.4%	$40.14	—	COM CL A	79589L106
ISRG	INTUITIVE SURGICAL INC	1,252,424 (-5.2%)	$498M (-18.2%)	1.8%	$516.81	—	COM NEW	46120E602
TSM	TAIWAN SEMICONDUCTOR MANUFAC	3,925,440 (-33.0%)	$1.875B (-5.4%)	7.0%	$132.88	—	SPONSORED ADS	874039100
SE	SEA LTD	2,998,337 (-36.6%)	$287M (-26.6%)	1.1%	$62.47	—	SPONSORD ADS	81141R100
DDOG	DATADOG INC	999,799 (-28.9%)	$260M (+56.8%)	1.0%	$98.81	—	CL A COM	23804L103
MSFT	MICROSOFT CORP	1,309,230 (-14.4%)	$488M (-13.8%)	1.8%	$292.80	—	COM	594918104
SPOT	SPOTIFY TECHNOLOGY S A	1,761,206 (-1.8%)	$809M (-7.1%)	3.0%	$431.51	—	SHS	L8681T102
CPNG	COUPANG INC	7,559,132 (-17.6%)	$131M (-24.2%)	0.5%	$17.49	—	CL A	22266T109
APP	APPLOVIN CORP	831,697 (-14.4%)	$429M (+10.8%)	1.6%	$427.04	—	COM CL A	03831W108
NET	CLOUDFLARE INC	3,239,504 (-11.5%)	$795M (+5.2%)	3.0%	$104.77	—	CL A COM	18915M107
RARE	ULTRAGENYX PHARMACEUTICAL IN	3,158,368 (-1.7%)	$105M (+56.6%)	0.4%	$43.30	—	COM	90400D108
MCK	MCKESSON CORP	183,535 (-8.8%)	$139M (-20.4%)	0.5%	$696.22	—	COM	58155Q103
APH	AMPHENOL CORP	763,951 (-5.2%)	$135M (+32.3%)	0.5%	$74.15	—	CL A	032095101
ARGX	ARGENX SE	298,599 (-12.3%)	$277M (+11.5%)	1.0%	$836.13	—	SPONSORED ADR	04016X101
V	VISA INC	2,377,099 (-14.2%)	$816M (-2.6%)	3.0%	$87.98	—	COM CL A	92826C839
CSL	CARLISLE COS INC	799,872 (-13.0%)	$290M (-5.4%)	1.1%	$366.72	—	COM	142339100
KSPI	KASPI KZ JSC	1,531,017 (-3.5%)	$133M (+12.9%)	0.5%	$112.61	—	SPONSORED ADS	48581R205
PANW	PALO ALTO NETWORKS INC	31,312 (-80.6%)	$10.68M (-58.7%)	0.0%	$186.87	—	COM	697435105
BLDR	BUILDERS FIRSTSOURCE INC	2,283,236 (-12.9%)	$204M (-5.3%)	0.8%	$134.99	—	COM	12008R107
FWONK	LIBERTY MEDIA CORP DEL	1,509,193 (-3.2%)	$144M (+8.3%)	0.5%	$65.93	—	COM LBTY ONE S C	531229755
TDG	TRANSDIGM GROUP INC	89,669 (-5.0%)	$119M (+9.2%)	0.4%	$601.20	—	COM	893641100
KVYO	KLAVIYO INC	198,806 (-66.6%)	$3.002M (-74.1%)	0.0%	$30.34	—	COM SER A	49845K101
AVGO	BROADCOM INC	1,126,912 (-19.7%)	$426M (-2.0%)	1.6%	$224.65	—	COM	11135F101
RACE	FERRARI N V	280,101 (-2.6%)	$104M (+7.1%)	0.4%	$350.30	—	COM	N3167Y103
YMM	FULL TRUCK ALLIANCE CO LTD	4,294,886 (-13.6%)	$34.87M (-15.5%)	0.1%	$11.60	—	SPONSORED ADS	35969L108
WCN	WASTE CONNECTIONS INC	609,721 (-4.0%)	$102M (-1.5%)	0.4%	$177.72	—	COM	94106B101
PLTR	PALANTIR TECHNOLOGIES INC	17,944 (-21.7%)	$2.094M (-37.6%)	0.0%	$177.42	—	CL A	69608A108
BABA	ALIBABA GROUP HLDG LTD	6,950 (-10.8%)	$667K (-31.8%)	0.0%	$145.82	—	SPONSORED ADS	01609W102
HDB	HDFC BANK LTD	865,858 (-4.6%)	$22.37M (-1.0%)	0.1%	$49.19	—	SPONSORED ADS	40415F101

Unchanged Positions (2)

LIN LINDE PLC 0.1%

Value $28.43M Shares 54,778 Est. Cost $448.71 Unrealized —

GTLB GITLAB INC 0.0%

Value $3.892M Shares 127,475 Est. Cost $49.24 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LIN	LINDE PLC	54,778	$28.43M	0.1%	$448.71	—	SHS	G54950103
GTLB	GITLAB INC	127,475	$3.892M	0.0%	$49.24	—	CLASS A COM	37637K108