Capital International Sarl Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AZN	ASTRAZENECA PLC	914,752	$178,293	2.9%	$190.39	0.0%	ORD	G0593M107
CDNS	CADENCE DESIGN SYSTEM INC	73,676	$20,472	0.3%	$303.32	0.0%	COM	127387108
WLK	WESTLAKE CORPORATION	63,634	$7,434	0.1%	$89.28	0.0%	COM	960413102
APP	APPLOVIN CORP	16,008	$6,371	0.1%	$507.11	0.0%	COM CL A	03831W108
AKAM	AKAMAI TECHNOLOGIES INC	52,478	$6,027	0.1%	$95.71	0.0%	COM	00971T101
WDC	WESTERN DIGITAL CORP	15,192	$4,109	0.1%	$251.23	0.0%	COM	958102105
BP	BP PLC	80,054	$3,763	0.1%	$47.00	—	SPONSORED ADR	055622104
CR	CRANE COMPANY	13,537	$2,315	0.0%	$198.22	0.0%	COMMON STOCK	224408104
CSCO	CISCO SYS INC	23,585	$1,830	0.0%	$77.91	0.0%	COM	17275R102
BURL	BURLINGTON STORES INC	4,277	$1,392	0.0%	$304.20	0.0%	COM	122017106
ARES	ARES MANAGEMENT CORPORATION	11,686	$1,275	0.0%	$148.60	0.0%	CL A COM STK	03990B101
VNOM	VIPER ENERGY INC	24,612	$1,157	0.0%	$40.99	0.0%	CL A	64361Q101
CVNA	CARVANA CO	3,531	$1,110	0.0%	$408.48	0.0%	CL A	146869102
SW	SMURFIT WESTROCK PLC	21,564	$859	0.0%	$43.99	0.0%	SHS	G8267P108
CF	CF INDUSTRIES HOLD	6,485	$842	0.0%	$90.08	0.0%	COM	125269100
STX	SEAGATE TECHNOLOGY HLDNGS PL	1,539	$603	0.0%	$376.45	0.0%	ORD SHS	G7997R103
AMD	ADVANCED MICRO DEVICES INC	2,422	$493	0.0%	$221.70	0.0%	COM	007903107
TOST	TOAST INC	18,338	$486	0.0%	$31.01	0.0%	CL A	888787108
PNW	PINNACLE WEST CAP CORP	4,655	$469	0.0%	$93.50	0.0%	COM	723484101
SCCO	SOUTHERN COPPER CORP	2,451	$422	0.0%	$187.35	0.0%	COM	84265V105
CCJ	CAMECO CORP	3,689	$401	0.0%	$116.28	0.0%	COM	13321L108
CYTK	CYTOKINETICS INC	5,890	$388	0.0%	$64.44	0.0%	COM NEW	23282W605
XEL	XCEL ENERGY INC	4,791	$381	0.0%	$77.17	0.0%	COM	98389B100
WM	WASTE MGMT INC DEL	1,267	$291	0.0%	$226.07	0.0%	COM	94106L109
FUTU	FUTU HLDGS LTD	1,989	$272	0.0%	$136.76	—	SPON ADS CL A	36118L106
USB	US BANCORP	4,860	$253	0.0%	$56.63	0.0%	COM NEW	902973304
UDR	UDR INC	7,438	$251	0.0%	$36.69	0.0%	COM	902653104
SCHW	SCHWAB CHARLES CORP	2,608	$245	0.0%	$100.12	0.0%	COM	808513105
ANET	ARISTA NETWORKS INC	1,978	$243	0.0%	$135.05	0.0%	COM SHS	040413205
VNET	VNET GROUP INC	26,237	$220	0.0%	$8.39	—	SPONSORED ADS A	90138A103

Increased Positions (134)

NVDA NVIDIA CORPORATION 4.6%

Value ($000) $279,355 (+18.1%) Shares 1,601,809 (+26.3%) Est. Cost $139.98 Unrealized +33.3%

TTE TOTALENERGIES SE 1.8%

Value ($000) $112,612 (+53.7%) Shares 1,222,988 (+8.9%) Est. Cost $63.91 Unrealized +11.9%

META META PLATFORMS INC 5.1%

Value ($000) $312,039 (-10.3%) Shares 545,399 (+3.4%) Est. Cost $432.09 Unrealized +51.7%

APH AMPHENOL CORP 0.8%

Value ($000) $46,386 (+210.4%) Shares 367,122 (+232.0%) Est. Cost $137.10 Unrealized +6.8%

TSLA TESLA INC 3.4%

Value ($000) $205,881 (-13.0%) Shares 553,817 (+5.2%) Est. Cost $280.27 Unrealized +52.0%

RPRX ROYALTY PHARMA PLC 0.8%

Value ($000) $50,282 (+143.3%) Shares 1,048,202 (+96.0%) Est. Cost $38.54 Unrealized +9.7%

GOOGL ALPHABET INC 2.4%

Value ($000) $146,200 (+25.2%) Shares 508,417 (+36.3%) Est. Cost $186.06 Unrealized +73.8%

NOC NORTHROP GRUMMAN CORP 1.3%

Value ($000) $77,525 (+51.1%) Shares 113,633 (+26.3%) Est. Cost $524.84 Unrealized +28.4%

CAT CATERPILLAR INC 0.4%

Value ($000) $25,195 (+509.7%) Shares 35,563 (+393.0%) Est. Cost $621.65 Unrealized +10.1%

SHOP SHOPIFY INC 1.5%

Value ($000) $91,830 (-17.9%) Shares 774,152 (+11.4%) Est. Cost $83.47 Unrealized +63.5%

WPM WHEATON PRECIOUS METALS CORP 0.4%

Value ($000) $26,336 (+297.2%) Shares 201,115 (+256.5%) Est. Cost $117.40 Unrealized +19.1%

LLY ELI LILLY & CO 2.3%

Value ($000) $138,390 (-12.4%) Shares 150,461 (+2.3%) Est. Cost $531.12 Unrealized +97.1%

WELL WELLTOWER INC 0.8%

Value ($000) $47,286 (+69.1%) Shares 239,169 (+58.7%) Est. Cost $175.67 Unrealized +6.4%

DE DEERE & CO 0.9%

Value ($000) $53,799 (+53.5%) Shares 95,506 (+26.8%) Est. Cost $468.80 Unrealized +17.6%

SBUX STARBUCKS CORP 1.0%

Value ($000) $63,001 (+34.9%) Shares 703,213 (+26.8%) Est. Cost $90.52 Unrealized +3.4%

QSR RESTAURANT BRANDS INTL INC 0.8%

Value ($000) $48,089 (+49.4%) Shares 650,735 (+38.0%) Est. Cost $66.84 Unrealized +2.3%

TCOM TRIP COM GROUP LTD 0.5%

Value ($000) $32,862 (-29.2%) Shares 660,014 (+2.3%) Est. Cost $41.97 Unrealized —

CNQ CANADIAN NAT RES LTD MED TER 0.4%

Value ($000) $25,341 (+100.1%) Shares 521,111 (+39.5%) Est. Cost $33.67 Unrealized +10.5%

COST COSTCO WHOLESALE CORPORATION 1.1%

Value ($000) $68,012 (+21.8%) Shares 68,256 (+5.4%) Est. Cost $622.61 Unrealized +54.8%

GEV GE VERNOVA INC 0.6%

Value ($000) $35,524 (+51.5%) Shares 40,696 (+13.4%) Est. Cost $351.22 Unrealized +109.8%

FTAI FTAI AVIATION LTD 0.7%

Value ($000) $40,281 (+36.2%) Shares 164,413 (+9.5%) Est. Cost $154.84 Unrealized +74.9%

ISRG INTUITIVE SURGICAL INC 0.9%

Value ($000) $55,717 (-14.1%) Shares 120,863 (+5.5%) Est. Cost $385.02 Unrealized +35.3%

NET CLOUDFLARE INC 0.9%

Value ($000) $57,559 (+18.6%) Shares 278,952 (+13.3%) Est. Cost $100.46 Unrealized +81.6%

HPE HEWLETT PACKARD ENTERPRISE C 0.3%

Value ($000) $15,528 (+133.4%) Shares 652,183 (+135.5%) Est. Cost $22.65 Unrealized -2.6%

BG BUNGE GLOBAL SA 0.4%

Value ($000) $25,430 (+53.3%) Shares 199,923 (+7.4%) Est. Cost $88.78 Unrealized +26.2%

ABBV ABBVIE INC 0.4%

Value ($000) $23,568 (+56.7%) Shares 108,363 (+64.6%) Est. Cost $197.20 Unrealized +12.9%

LIN LINDE PLC 0.8%

Value ($000) $49,177 (+20.9%) Shares 99,195 (+4.0%) Est. Cost $383.97 Unrealized +19.8%

AEM AGNICO EAGLE MINES LTD 0.4%

Value ($000) $27,088 (+39.1%) Shares 133,876 (+16.7%) Est. Cost $140.92 Unrealized +46.2%

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.9%

Value ($000) $54,942 (+15.7%) Shares 162,575 (+4.0%) Est. Cost $150.20 Unrealized —

PM PHILIP MORRIS INTL INC 1.8%

Value ($000) $112,879 (+6.6%) Shares 682,706 (+3.4%) Est. Cost $103.47 Unrealized +70.0%

RYAAY RYANAIR HOLDINGS PLC 0.7%

Value ($000) $44,041 (-13.5%) Shares 761,948 (+8.1%) Est. Cost $59.37 Unrealized —

RCL ROYAL CARIBBEAN GROUP 1.8%

Value ($000) $108,183 (+6.6%) Shares 393,137 (+8.1%) Est. Cost $162.71 Unrealized +89.8%

RBLX ROBLOX CORP 0.4%

Value ($000) $23,866 (-20.7%) Shares 421,964 (+13.6%) Est. Cost $70.20 Unrealized +2.2%

CTVA CORTEVA INC 0.4%

Value ($000) $22,276 (+38.1%) Shares 266,105 (+10.6%) Est. Cost $61.21 Unrealized +18.9%

LYB LYONDELLBASELL INDUSTRIES NV 0.1%

Value ($000) $6,544 (+909.5%) Shares 81,235 (+442.6%) Est. Cost $52.63 Unrealized -0.4%

V VISA INC 1.3%

Value ($000) $80,042 (-6.6%) Shares 264,830 (+8.4%) Est. Cost $272.57 Unrealized +20.8%

VRTX VERTEX PHARMACEUTICALS INC 1.5%

Value ($000) $93,274 (+6.4%) Shares 208,882 (+8.0%) Est. Cost $387.27 Unrealized +20.7%

RACE FERRARI N V 0.2%

Value ($000) $10,990 (+99.2%) Shares 32,530 (+120.3%) Est. Cost $382.64 Unrealized -6.8%

ONC BEONE MEDICINES LTD 0.8%

Value ($000) $51,637 (+11.4%) Shares 173,879 (+14.0%) Est. Cost $210.53 Unrealized —

AJG GALLAGHER ARTHUR J & CO 0.6%

Value ($000) $33,989 (-13.2%) Shares 156,934 (+3.7%) Est. Cost $238.94 Unrealized +0.6%

UNP UNION PAC CORP 0.2%

Value ($000) $11,038 (+75.7%) Shares 45,497 (+67.5%) Est. Cost $234.51 Unrealized +3.8%

AMGN AMGEN INC 0.5%

Value ($000) $33,255 (+15.6%) Shares 94,516 (+7.5%) Est. Cost $290.47 Unrealized +20.4%

SLB SLB LIMITED 0.2%

Value ($000) $12,286 (+56.0%) Shares 239,082 (+16.5%) Est. Cost $42.97 Unrealized +12.4%

EOG EOG RES INC 0.1%

Value ($000) $6,894 (+157.5%) Shares 47,687 (+87.0%) Est. Cost $117.16 Unrealized -4.3%

SPGI S&P GLOBAL INC 0.4%

Value ($000) $22,899 (-15.2%) Shares 53,838 (+4.2%) Est. Cost $435.41 Unrealized +11.4%

BAC BANK AMERICA CORP 1.1%

Value ($000) $66,121 (+6.5%) Shares 1,356,337 (+20.2%) Est. Cost $45.07 Unrealized +19.1%

RTX RTX CORPORATION 0.3%

Value ($000) $15,637 (+33.3%) Shares 81,065 (+26.7%) Est. Cost $139.89 Unrealized +40.5%

PBR PETROLEO BRASILEIRO S A 0.1%

Value ($000) $4,362 (+839.6%) Shares 210,211 (+436.6%) Est. Cost $19.21 Unrealized —

GLOB GLOBANT S A 0.1%

Value ($000) $5,286 (+252.2%) Shares 114,635 (+399.4%) Est. Cost $80.65 Unrealized -25.2%

MELI MERCADOLIBRE INC 1.0%

Value ($000) $61,612 (-5.6%) Shares 35,634 (+9.9%) Est. Cost $1596.87 Unrealized +29.4%

LHX L3HARRIS TECHNOLOGIES INC 0.3%

Value ($000) $20,950 (+19.9%) Shares 60,698 (+2.0%) Est. Cost $237.02 Unrealized +44.8%

EPAM EPAM SYS INC 0.2%

Value ($000) $11,425 (+43.0%) Shares 84,379 (+116.4%) Est. Cost $199.01 Unrealized -4.2%

PFE PFIZER INC 0.3%

Value ($000) $21,323 (+18.4%) Shares 759,368 (+5.0%) Est. Cost $29.27 Unrealized -10.6%

STZ CONSTELLATION BRANDS INC 0.3%

Value ($000) $20,285 (+18.7%) Shares 135,235 (+9.2%) Est. Cost $144.57 Unrealized +7.9%

ALGN ALIGN TECHNOLOGY INC 0.3%

Value ($000) $19,743 (+18.9%) Shares 115,167 (+8.3%) Est. Cost $161.64 Unrealized +8.1%

TEAM ATLASSIAN CORPORATION 0.0%

Value ($000) $2,149 (-57.3%) Shares 31,484 (+1.4%) Est. Cost $169.49 Unrealized -33.2%

DHR DANAHER CORP DEL 0.3%

Value ($000) $16,932 (-14.4%) Shares 89,304 (+3.4%) Est. Cost $212.56 Unrealized +5.7%

WMT WALMART INC 0.2%

Value ($000) $11,187 (+30.3%) Shares 90,014 (+16.8%) Est. Cost $109.33 Unrealized +11.6%

CARR CARRIER GLOBAL CORPORATION 0.4%

Value ($000) $27,410 (+9.8%) Shares 486,769 (+3.1%) Est. Cost $50.24 Unrealized +18.7%

ARM ARM HOLDINGS PLC 0.1%

Value ($000) $7,381 (+48.6%) Shares 48,789 (+7.4%) Est. Cost $113.46 Unrealized —

HD HOME DEPOT INC 0.4%

Value ($000) $24,274 (+11.0%) Shares 73,806 (+16.1%) Est. Cost $337.07 Unrealized +11.8%

XOM EXXON MOBIL CORP 0.1%

Value ($000) $7,602 (+43.8%) Shares 44,810 (+2.0%) Est. Cost $108.02 Unrealized +28.4%

ULS UL SOLUTIONS INC 0.3%

Value ($000) $17,420 (+14.3%) Shares 203,244 (+5.2%) Est. Cost $56.07 Unrealized +35.2%

YUM YUM BRANDS INC 0.4%

Value ($000) $22,864 (+10.2%) Shares 147,055 (+7.2%) Est. Cost $132.19 Unrealized +19.0%

MDT MEDTRONIC PLC 0.1%

Value ($000) $3,632 (+135.9%) Shares 41,919 (+161.5%) Est. Cost $97.57 Unrealized +2.0%

KO COCA COLA CO 0.2%

Value ($000) $10,529 (+22.7%) Shares 138,445 (+12.8%) Est. Cost $68.79 Unrealized +8.7%

MTD METTLER TOLEDO INTERNATIONAL 0.5%

Value ($000) $28,091 (+7.4%) Shares 22,273 (+18.7%) Est. Cost $1327.71 Unrealized +6.4%

BKR BAKER HUGHES COMPANY 0.1%

Value ($000) $5,056 (+56.5%) Shares 82,817 (+16.7%) Est. Cost $38.96 Unrealized +43.9%

NKE NIKE INC 0.3%

Value ($000) $16,991 (-9.2%) Shares 321,675 (+9.5%) Est. Cost $81.79 Unrealized -21.8%

TDG TRANSDIGM GROUP INC 0.8%

Value ($000) $47,390 (-3.4%) Shares 40,890 (+10.8%) Est. Cost $1019.80 Unrealized +33.5%

DHI D R HORTON INC 0.1%

Value ($000) $5,427 (+43.5%) Shares 39,548 (+50.6%) Est. Cost $153.49 Unrealized +1.6%

SO SOUTHERN CO 0.1%

Value ($000) $3,516 (+80.2%) Shares 36,430 (+62.8%) Est. Cost $90.97 Unrealized -1.6%

MCD MCDONALDS CORP 0.3%

Value ($000) $21,020 (+7.0%) Shares 67,633 (+5.3%) Est. Cost $278.07 Unrealized +14.1%

— BOEING CO 0.1%

Value ($000) $4,670 (+37.7%) Shares 71,978 (+46.6%) Est. Cost $64.33 Unrealized —

CME CME GROUP INC 0.1%

Value ($000) $8,068 (+18.8%) Shares 27,316 (+9.8%) Est. Cost $191.17 Unrealized +51.3%

FISV FISERV INC 0.0%

Value ($000) $1,718 (+234.9%) Shares 30,793 (+303.2%) Est. Cost $92.00 Unrealized -30.5%

PGR PROGRESSIVE CORP 0.1%

Value ($000) $4,531 (+36.0%) Shares 22,857 (+56.2%) Est. Cost $225.79 Unrealized -8.5%

APO APOLLO GLOBAL MGMT INC 0.1%

Value ($000) $3,531 (+50.5%) Shares 31,689 (+95.5%) Est. Cost $132.40 Unrealized +0.8%

ALB ALBEMARLE CORP 0.0%

Value ($000) $2,885 (+68.6%) Shares 16,069 (+32.8%) Est. Cost $107.77 Unrealized +58.9%

BA BOEING CO 0.3%

Value ($000) $20,438 (-5.4%) Shares 102,686 (+3.2%) Est. Cost $179.57 Unrealized +32.8%

COO COOPER COS INC 0.2%

Value ($000) $13,936 (-7.4%) Shares 194,910 (+6.2%) Est. Cost $80.69 Unrealized +1.8%

BAP CREDICORP LTD 0.0%

Value ($000) $1,503 (+260.8%) Shares 4,430 (+205.3%) Est. Cost $313.27 Unrealized +7.5%

REGN REGENERON PHARMACEUTICALS 0.3%

Value ($000) $19,008 (+5.8%) Shares 24,602 (+5.7%) Est. Cost $800.48 Unrealized -3.9%

DIS DISNEY WALT CO 0.0%

Value ($000) $2,401 (+75.7%) Shares 24,909 (+107.5%) Est. Cost $106.35 Unrealized +2.9%

GILD GILEAD SCIENCES INC 0.1%

Value ($000) $5,575 (+21.6%) Shares 40,000 (+7.1%) Est. Cost $77.18 Unrealized +79.3%

CRH CRH PLC 0.1%

Value ($000) $5,623 (-14.5%) Shares 53,491 (+1.5%) Est. Cost $92.96 Unrealized +33.7%

AME AMETEK INC 0.1%

Value ($000) $3,498 (+37.2%) Shares 16,320 (+31.4%) Est. Cost $171.44 Unrealized +30.2%

AMZN AMAZON COM INC 2.1%

Value ($000) $130,388 (-0.7%) Shares 626,054 (+10.0%) Est. Cost $195.45 Unrealized +16.1%

ATI ATI INC 0.0%

Value ($000) $1,911 (+95.0%) Shares 13,137 (+53.9%) Est. Cost $83.76 Unrealized +57.2%

T AT&T INC 0.0%

Value ($000) $2,297 (+57.6%) Shares 79,245 (+35.1%) Est. Cost $23.62 Unrealized +9.0%

HEI HEICO CORP NEW 0.4%

Value ($000) $24,883 (-3.2%) Shares 90,747 (+14.2%) Est. Cost $215.90 Unrealized +57.0%

WFC WELLS FARGO & CO 0.0%

Value ($000) $2,322 (+46.8%) Shares 29,167 (+71.9%) Est. Cost $69.53 Unrealized +29.5%

DTE DTE ENERGY CO 0.0%

Value ($000) $2,028 (+57.5%) Shares 13,871 (+38.9%) Est. Cost $128.37 Unrealized +6.6%

CVS CVS HEALTH CORP 0.1%

Value ($000) $6,623 (+10.9%) Shares 92,215 (+22.6%) Est. Cost $62.64 Unrealized +24.5%

JNJ JOHNSON & JOHNSON 0.0%

Value ($000) $1,537 (+68.3%) Shares 6,288 (+42.5%) Est. Cost $206.21 Unrealized +10.5%

KKR KKR & CO INC 0.3%

Value ($000) $21,212 (-2.8%) Shares 229,318 (+34.0%) Est. Cost $121.25 Unrealized -5.3%

CMCSA COMCAST CORP NEW 0.1%

Value ($000) $5,961 (+11.0%) Shares 207,617 (+15.6%) Est. Cost $34.16 Unrealized -12.7%

TTEK TETRA TECH INC NEW 0.1%

Value ($000) $6,370 (-8.4%) Shares 211,477 (+2.0%) Est. Cost $36.12 Unrealized +2.1%

HTHT H WORLD GROUP LTD 0.0%

Value ($000) $2,227 (+34.2%) Shares 44,288 (+25.6%) Est. Cost $47.71 Unrealized —

C CITIGROUP INC 0.8%

Value ($000) $46,246 (-1.2%) Shares 407,780 (+1.7%) Est. Cost $67.51 Unrealized +72.1%

FE FIRSTENERGY CORP 0.0%

Value ($000) $1,891 (+40.1%) Shares 37,322 (+23.8%) Est. Cost $40.04 Unrealized +17.6%

TT TRANE TECHNOLOGIES PLC 0.1%

Value ($000) $6,280 (+8.2%) Shares 15,069 (+1.1%) Est. Cost $413.69 Unrealized +2.0%

MRSH MARSH & MCLENNAN COS INC 0.2%

Value ($000) $10,311 (-4.3%) Shares 59,448 (+2.3%) Est. Cost $190.48 Unrealized -4.8%

UNH UNITEDHEALTH GROUP INC 0.2%

Value ($000) $11,744 (+3.9%) Shares 43,403 (+26.8%) Est. Cost $422.17 Unrealized -26.9%

TBBB BBB FOODS INC 0.1%

Value ($000) $4,707 (+9.7%) Shares 133,065 (+3.6%) Est. Cost $23.46 Unrealized +51.7%

MO ALTRIA GROUP INC 0.0%

Value ($000) $1,218 (+51.9%) Shares 18,452 (+32.7%) Est. Cost $48.06 Unrealized +31.1%

TGT TARGET CORP 0.0%

Value ($000) $847 (+88.1%) Shares 6,992 (+51.7%) Est. Cost $130.79 Unrealized -16.5%

ZBH ZIMMER BIOMET HOLDINGS INC 0.1%

Value ($000) $3,835 (+10.7%) Shares 42,410 (+10.1%) Est. Cost $95.77 Unrealized -4.3%

PG PROCTER & GAMBLE CO 0.0%

Value ($000) $1,187 (+42.1%) Shares 8,220 (+41.0%) Est. Cost $158.72 Unrealized -4.4%

CPNG COUPANG INC 0.1%

Value ($000) $3,187 (-9.7%) Shares 168,790 (+12.8%) Est. Cost $22.50 Unrealized -11.7%

SPG SIMON PPTY GROUP INC NEW 0.0%

Value ($000) $1,386 (+32.6%) Shares 7,431 (+31.6%) Est. Cost $170.54 Unrealized +7.9%

NVO NOVO-NORDISK A S 0.0%

Value ($000) $736 (+68.8%) Shares 20,015 (+133.7%) Est. Cost $63.58 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $9,140 (+3.2%) Shares 19,073 (+8.2%) Est. Cost $505.40 Unrealized -2.4%

FITB FIFTH THIRD BANCORP 0.0%

Value ($000) $1,693 (+18.6%) Shares 36,446 (+19.5%) Est. Cost $41.18 Unrealized +24.5%

BLK BLACKROCK INC 0.0%

Value ($000) $450 (+91.1%) Shares 468 (+112.7%) Est. Cost $1046.17 Unrealized +4.9%

UPS UNITED PARCEL SVCS INC 0.0%

Value ($000) $555 (+53.0%) Shares 5,645 (+54.2%) Est. Cost $116.89 Unrealized -6.0%

AON AON PLC 0.4%

Value ($000) $23,337 (-0.8%) Shares 72,301 (+8.5%) Est. Cost $305.47 Unrealized +10.0%

LOAR LOAR HOLDINGS INC 0.0%

Value ($000) $2,740 (+6.2%) Shares 47,823 (+26.1%) Est. Cost $72.08 Unrealized -4.4%

SWK STANLEY BLACK & DECKER INC 0.0%

Value ($000) $911 (+17.9%) Shares 12,820 (+23.2%) Est. Cost $72.64 Unrealized +16.3%

BN BROOKFIELD CORP 0.3%

Value ($000) $15,771 (+0.8%) Shares 389,706 (+14.3%) Est. Cost $35.16 Unrealized +32.8%

CCI CROWN CASTLE INC 0.0%

Value ($000) $397 (+46.9%) Shares 4,881 (+60.5%) Est. Cost $88.97 Unrealized -0.3%

TEL TE CONNECTIVITY PLC 0.0%

Value ($000) $697 (+21.5%) Shares 3,334 (+32.2%) Est. Cost $167.08 Unrealized +37.6%

MDLN MEDLINE INC 0.0%

Value ($000) $585 (+26.6%) Shares 13,142 (+19.5%) Est. Cost $42.65 Unrealized +5.1%

CRSP CRISPR THERAPEUTICS AG 0.1%

Value ($000) $4,865 (-2.1%) Shares 102,278 (+7.9%) Est. Cost $61.25 Unrealized -12.7%

GS GOLDMAN SACHS GROUP INC 0.3%

Value ($000) $17,769 (+0.5%) Shares 21,004 (+4.4%) Est. Cost $445.18 Unrealized +109.5%

BRO BROWN & BROWN INC 0.0%

Value ($000) $2,009 (+3.9%) Shares 30,813 (+27.0%) Est. Cost $95.95 Unrealized -22.7%

B BARRICK MNG CORP 0.1%

Value ($000) $6,420 (-1.0%) Shares 157,248 (+5.6%) Est. Cost $25.55 Unrealized +89.1%

WYNN WYNN RESORTS LTD 0.2%

Value ($000) $14,548 (+0.4%) Shares 143,255 (+19.0%) Est. Cost $91.55 Unrealized +24.7%

MNST MONSTER BEVERAGE CORP NEW 0.2%

Value ($000) $9,677 (+0.6%) Shares 133,545 (+6.4%) Est. Cost $52.05 Unrealized +54.9%

FICO FAIR ISAAC CORP 0.0%

Value ($000) $812 (+3.1%) Shares 761 (+63.3%) Est. Cost $1496.67 Unrealized -2.0%

ICE INTERCONTINENTAL EXCHANGE IN 0.2%

Value ($000) $10,724 (+0.2%) Shares 68,187 (+3.2%) Est. Cost $160.38 Unrealized +2.9%

MTN VAIL RESORTS INC 0.0%

Value ($000) $491 (+4.2%) Shares 3,824 (+7.8%) Est. Cost $165.67 Unrealized -16.8%

MSTR STRATEGY INC 0.0%

Value ($000) $1,661 (+1.2%) Shares 13,309 (+23.2%) Est. Cost $275.06 Unrealized -46.6%

GGB GERDAU SA 0.1%

Value ($000) $3,446 (-0.1%) Shares 954,655 (+2.2%) Est. Cost $4.12 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	1,601,809 (+26.3%)	$279,355 (+18.1%)	4.6%	$139.98	+33.3%	COM	67066G104
TTE	TOTALENERGIES SE	1,222,988 (+8.9%)	$112,612 (+53.7%)	1.8%	$63.91	+11.9%	ACT	F92124100
META	META PLATFORMS INC	545,399 (+3.4%)	$312,039 (-10.3%)	5.1%	$432.09	+51.7%	CL A	30303M102
APH	AMPHENOL CORP	367,122 (+232.0%)	$46,386 (+210.4%)	0.8%	$137.10	+6.8%	CL A	032095101
TSLA	TESLA INC	553,817 (+5.2%)	$205,881 (-13.0%)	3.4%	$280.27	+52.0%	COM	88160R101
RPRX	ROYALTY PHARMA PLC	1,048,202 (+96.0%)	$50,282 (+143.3%)	0.8%	$38.54	+9.7%	SHS CLASS A	G7709Q104
GOOGL	ALPHABET INC	508,417 (+36.3%)	$146,200 (+25.2%)	2.4%	$186.06	+73.8%	CAP STK CL A	02079K305
NOC	NORTHROP GRUMMAN CORP	113,633 (+26.3%)	$77,525 (+51.1%)	1.3%	$524.84	+28.4%	COM	666807102
CAT	CATERPILLAR INC	35,563 (+393.0%)	$25,195 (+509.7%)	0.4%	$621.65	+10.1%	COM	149123101
SHOP	SHOPIFY INC	774,152 (+11.4%)	$91,830 (-17.9%)	1.5%	$83.47	+63.5%	CL A SUB VTG SHS	82509L107
WPM	WHEATON PRECIOUS METALS CORP	201,115 (+256.5%)	$26,336 (+297.2%)	0.4%	$117.40	+19.1%	COM	962879102
LLY	ELI LILLY & CO	150,461 (+2.3%)	$138,390 (-12.4%)	2.3%	$531.12	+97.1%	COM	532457108
WELL	WELLTOWER INC	239,169 (+58.7%)	$47,286 (+69.1%)	0.8%	$175.67	+6.4%	COM	95040Q104
DE	DEERE & CO	95,506 (+26.8%)	$53,799 (+53.5%)	0.9%	$468.80	+17.6%	COM	244199105
SBUX	STARBUCKS CORP	703,213 (+26.8%)	$63,001 (+34.9%)	1.0%	$90.52	+3.4%	COM	855244109
QSR	RESTAURANT BRANDS INTL INC	650,735 (+38.0%)	$48,089 (+49.4%)	0.8%	$66.84	+2.3%	COM	76131D103
TCOM	TRIP COM GROUP LTD	660,014 (+2.3%)	$32,862 (-29.2%)	0.5%	$41.97	—	ADS	89677Q107
CNQ	CANADIAN NAT RES LTD MED TER	521,111 (+39.5%)	$25,341 (+100.1%)	0.4%	$33.67	+10.5%	COM	136385101
COST	COSTCO WHOLESALE CORPORATION	68,256 (+5.4%)	$68,012 (+21.8%)	1.1%	$622.61	+54.8%	COM	22160K105
GEV	GE VERNOVA INC	40,696 (+13.4%)	$35,524 (+51.5%)	0.6%	$351.22	+109.8%	COM	36828A101
FTAI	FTAI AVIATION LTD	164,413 (+9.5%)	$40,281 (+36.2%)	0.7%	$154.84	+74.9%	SHS	G3730V105
ISRG	INTUITIVE SURGICAL INC	120,863 (+5.5%)	$55,717 (-14.1%)	0.9%	$385.02	+35.3%	COM NEW	46120E602
NET	CLOUDFLARE INC	278,952 (+13.3%)	$57,559 (+18.6%)	0.9%	$100.46	+81.6%	CL A COM	18915M107
HPE	HEWLETT PACKARD ENTERPRISE C	652,183 (+135.5%)	$15,528 (+133.4%)	0.3%	$22.65	-2.6%	COM	42824C109
BG	BUNGE GLOBAL SA	199,923 (+7.4%)	$25,430 (+53.3%)	0.4%	$88.78	+26.2%	COM SHS	H11356104
ABBV	ABBVIE INC	108,363 (+64.6%)	$23,568 (+56.7%)	0.4%	$197.20	+12.9%	COM	00287Y109
LIN	LINDE PLC	99,195 (+4.0%)	$49,177 (+20.9%)	0.8%	$383.97	+19.8%	SHS	G54950103
AEM	AGNICO EAGLE MINES LTD	133,876 (+16.7%)	$27,088 (+39.1%)	0.4%	$140.92	+46.2%	COM	008474108
TSM	TAIWAN SEMICONDUCTOR MANUFAC	162,575 (+4.0%)	$54,942 (+15.7%)	0.9%	$150.20	—	SPONSORED ADS	874039100
PM	PHILIP MORRIS INTL INC	682,706 (+3.4%)	$112,879 (+6.6%)	1.8%	$103.47	+70.0%	COM	718172109
RYAAY	RYANAIR HOLDINGS PLC	761,948 (+8.1%)	$44,041 (-13.5%)	0.7%	$59.37	—	SPONSORED ADR	783513203
RCL	ROYAL CARIBBEAN GROUP	393,137 (+8.1%)	$108,183 (+6.6%)	1.8%	$162.71	+89.8%	COM	V7780T103
RBLX	ROBLOX CORP	421,964 (+13.6%)	$23,866 (-20.7%)	0.4%	$70.20	+2.2%	CL A	771049103
CTVA	CORTEVA INC	266,105 (+10.6%)	$22,276 (+38.1%)	0.4%	$61.21	+18.9%	COM	22052L104
LYB	LYONDELLBASELL INDUSTRIES NV	81,235 (+442.6%)	$6,544 (+909.5%)	0.1%	$52.63	-0.4%	SHS - A -	N53745100
V	VISA INC	264,830 (+8.4%)	$80,042 (-6.6%)	1.3%	$272.57	+20.8%	COM CL A	92826C839
VRTX	VERTEX PHARMACEUTICALS INC	208,882 (+8.0%)	$93,274 (+6.4%)	1.5%	$387.27	+20.7%	COM	92532F100
RACE	FERRARI N V	32,530 (+120.3%)	$10,990 (+99.2%)	0.2%	$382.64	-6.8%	COM	N3167Y103
ONC	BEONE MEDICINES LTD	173,879 (+14.0%)	$51,637 (+11.4%)	0.8%	$210.53	—	SPONSORED ADS	07725L102
AJG	GALLAGHER ARTHUR J & CO	156,934 (+3.7%)	$33,989 (-13.2%)	0.6%	$238.94	+0.6%	COM	363576109
UNP	UNION PAC CORP	45,497 (+67.5%)	$11,038 (+75.7%)	0.2%	$234.51	+3.8%	COM	907818108
AMGN	AMGEN INC	94,516 (+7.5%)	$33,255 (+15.6%)	0.5%	$290.47	+20.4%	COM	031162100
SLB	SLB LIMITED	239,082 (+16.5%)	$12,286 (+56.0%)	0.2%	$42.97	+12.4%	COM STK	806857108
EOG	EOG RES INC	47,687 (+87.0%)	$6,894 (+157.5%)	0.1%	$117.16	-4.3%	COM	26875P101
SPGI	S&P GLOBAL INC	53,838 (+4.2%)	$22,899 (-15.2%)	0.4%	$435.41	+11.4%	COM	78409V104
BAC	BANK AMERICA CORP	1,356,337 (+20.2%)	$66,121 (+6.5%)	1.1%	$45.07	+19.1%	COM	060505104
RTX	RTX CORPORATION	81,065 (+26.7%)	$15,637 (+33.3%)	0.3%	$139.89	+40.5%	COM	75513E101
PBR	PETROLEO BRASILEIRO S A	210,211 (+436.6%)	$4,362 (+839.6%)	0.1%	$19.21	—	SPONSORED ADR	71654V408
GLOB	GLOBANT S A	114,635 (+399.4%)	$5,286 (+252.2%)	0.1%	$80.65	-25.2%	COM	L44385109
MELI	MERCADOLIBRE INC	35,634 (+9.9%)	$61,612 (-5.6%)	1.0%	$1596.87	+29.4%	COM	58733R102
LHX	L3HARRIS TECHNOLOGIES INC	60,698 (+2.0%)	$20,950 (+19.9%)	0.3%	$237.02	+44.8%	COM	502431109
EPAM	EPAM SYS INC	84,379 (+116.4%)	$11,425 (+43.0%)	0.2%	$199.01	-4.2%	COM	29414B104
PFE	PFIZER INC	759,368 (+5.0%)	$21,323 (+18.4%)	0.3%	$29.27	-10.6%	COM	717081103
STZ	CONSTELLATION BRANDS INC	135,235 (+9.2%)	$20,285 (+18.7%)	0.3%	$144.57	+7.9%	CL A	21036P108
ALGN	ALIGN TECHNOLOGY INC	115,167 (+8.3%)	$19,743 (+18.9%)	0.3%	$161.64	+8.1%	COM	016255101
TEAM	ATLASSIAN CORPORATION	31,484 (+1.4%)	$2,149 (-57.3%)	0.0%	$169.49	-33.2%	CL A	049468101
DHR	DANAHER CORP DEL	89,304 (+3.4%)	$16,932 (-14.4%)	0.3%	$212.56	+5.7%	COM	235851102
WMT	WALMART INC	90,014 (+16.8%)	$11,187 (+30.3%)	0.2%	$109.33	+11.6%	COM	931142103
CARR	CARRIER GLOBAL CORPORATION	486,769 (+3.1%)	$27,410 (+9.8%)	0.4%	$50.24	+18.7%	COM	14448C104
ARM	ARM HOLDINGS PLC	48,789 (+7.4%)	$7,381 (+48.6%)	0.1%	$113.46	—	SPONSORED ADS	042068205
HD	HOME DEPOT INC	73,806 (+16.1%)	$24,274 (+11.0%)	0.4%	$337.07	+11.8%	COM	437076102
XOM	EXXON MOBIL CORP	44,810 (+2.0%)	$7,602 (+43.8%)	0.1%	$108.02	+28.4%	COM	30231G102
ULS	UL SOLUTIONS INC	203,244 (+5.2%)	$17,420 (+14.3%)	0.3%	$56.07	+35.2%	CLASS A COM SHS	903731107
YUM	YUM BRANDS INC	147,055 (+7.2%)	$22,864 (+10.2%)	0.4%	$132.19	+19.0%	COM	988498101
MDT	MEDTRONIC PLC	41,919 (+161.5%)	$3,632 (+135.9%)	0.1%	$97.57	+2.0%	SHS	G5960L103
KO	COCA COLA CO	138,445 (+12.8%)	$10,529 (+22.7%)	0.2%	$68.79	+8.7%	COM	191216100
MTD	METTLER TOLEDO INTERNATIONAL	22,273 (+18.7%)	$28,091 (+7.4%)	0.5%	$1327.71	+6.4%	COM	592688105
BKR	BAKER HUGHES COMPANY	82,817 (+16.7%)	$5,056 (+56.5%)	0.1%	$38.96	+43.9%	CL A	05722G100
NKE	NIKE INC	321,675 (+9.5%)	$16,991 (-9.2%)	0.3%	$81.79	-21.8%	CL B	654106103
TDG	TRANSDIGM GROUP INC	40,890 (+10.8%)	$47,390 (-3.4%)	0.8%	$1019.80	+33.5%	COM	893641100
DHI	D R HORTON INC	39,548 (+50.6%)	$5,427 (+43.5%)	0.1%	$153.49	+1.6%	COM	23331A109
SO	SOUTHERN CO	36,430 (+62.8%)	$3,516 (+80.2%)	0.1%	$90.97	-1.6%	COM	842587107
MCD	MCDONALDS CORP	67,633 (+5.3%)	$21,020 (+7.0%)	0.3%	$278.07	+14.1%	COM	580135101
—	BOEING CO	71,978 (+46.6%)	$4,670 (+37.7%)	0.1%	$64.33	—	DEP CONV PFD A	097023204
CME	CME GROUP INC	27,316 (+9.8%)	$8,068 (+18.8%)	0.1%	$191.17	+51.3%	COM	12572Q105
FISV	FISERV INC	30,793 (+303.2%)	$1,718 (+234.9%)	0.0%	$92.00	-30.5%	COM	337738108
PGR	PROGRESSIVE CORP	22,857 (+56.2%)	$4,531 (+36.0%)	0.1%	$225.79	-8.5%	COM	743315103
APO	APOLLO GLOBAL MGMT INC	31,689 (+95.5%)	$3,531 (+50.5%)	0.1%	$132.40	+0.8%	COM	03769M106
ALB	ALBEMARLE CORP	16,069 (+32.8%)	$2,885 (+68.6%)	0.0%	$107.77	+58.9%	COM	012653101
BA	BOEING CO	102,686 (+3.2%)	$20,438 (-5.4%)	0.3%	$179.57	+32.8%	COM	097023105
COO	COOPER COS INC	194,910 (+6.2%)	$13,936 (-7.4%)	0.2%	$80.69	+1.8%	COM	216648501
BAP	CREDICORP LTD	4,430 (+205.3%)	$1,503 (+260.8%)	0.0%	$313.27	+7.5%	COM	G2519Y108
REGN	REGENERON PHARMACEUTICALS	24,602 (+5.7%)	$19,008 (+5.8%)	0.3%	$800.48	-3.9%	COM	75886F107
DIS	DISNEY WALT CO	24,909 (+107.5%)	$2,401 (+75.7%)	0.0%	$106.35	+2.9%	COM	254687106
GILD	GILEAD SCIENCES INC	40,000 (+7.1%)	$5,575 (+21.6%)	0.1%	$77.18	+79.3%	COM	375558103
CRH	CRH PLC	53,491 (+1.5%)	$5,623 (-14.5%)	0.1%	$92.96	+33.7%	ORD	G25508105
AME	AMETEK INC	16,320 (+31.4%)	$3,498 (+37.2%)	0.1%	$171.44	+30.2%	COM	031100100
AMZN	AMAZON COM INC	626,054 (+10.0%)	$130,388 (-0.7%)	2.1%	$195.45	+16.1%	COM	023135106
ATI	ATI INC	13,137 (+53.9%)	$1,911 (+95.0%)	0.0%	$83.76	+57.2%	COM	01741R102
T	AT&T INC	79,245 (+35.1%)	$2,297 (+57.6%)	0.0%	$23.62	+9.0%	COM	00206R102
HEI	HEICO CORP NEW	90,747 (+14.2%)	$24,883 (-3.2%)	0.4%	$215.90	+57.0%	COM	422806109
WFC	WELLS FARGO & CO	29,167 (+71.9%)	$2,322 (+46.8%)	0.0%	$69.53	+29.5%	COM	949746101
DTE	DTE ENERGY CO	13,871 (+38.9%)	$2,028 (+57.5%)	0.0%	$128.37	+6.6%	COM	233331107
CVS	CVS HEALTH CORP	92,215 (+22.6%)	$6,623 (+10.9%)	0.1%	$62.64	+24.5%	COM	126650100
JNJ	JOHNSON & JOHNSON	6,288 (+42.5%)	$1,537 (+68.3%)	0.0%	$206.21	+10.5%	COM	478160104
KKR	KKR & CO INC	229,318 (+34.0%)	$21,212 (-2.8%)	0.3%	$121.25	-5.3%	COM	48251W104
CMCSA	COMCAST CORP NEW	207,617 (+15.6%)	$5,961 (+11.0%)	0.1%	$34.16	-12.7%	CL A	20030N101
TTEK	TETRA TECH INC NEW	211,477 (+2.0%)	$6,370 (-8.4%)	0.1%	$36.12	+2.1%	COM	88162G103
HTHT	H WORLD GROUP LTD	44,288 (+25.6%)	$2,227 (+34.2%)	0.0%	$47.71	—	SPONSORED ADS	44332N106
C	CITIGROUP INC	407,780 (+1.7%)	$46,246 (-1.2%)	0.8%	$67.51	+72.1%	COM NEW	172967424
FE	FIRSTENERGY CORP	37,322 (+23.8%)	$1,891 (+40.1%)	0.0%	$40.04	+17.6%	COM	337932107
TT	TRANE TECHNOLOGIES PLC	15,069 (+1.1%)	$6,280 (+8.2%)	0.1%	$413.69	+2.0%	SHS	G8994E103
MRSH	MARSH & MCLENNAN COS INC	59,448 (+2.3%)	$10,311 (-4.3%)	0.2%	$190.48	-4.8%	COM	571748102
UNH	UNITEDHEALTH GROUP INC	43,403 (+26.8%)	$11,744 (+3.9%)	0.2%	$422.17	-26.9%	COM	91324P102
TBBB	BBB FOODS INC	133,065 (+3.6%)	$4,707 (+9.7%)	0.1%	$23.46	+51.7%	CL A COM	G0896C103
MO	ALTRIA GROUP INC	18,452 (+32.7%)	$1,218 (+51.9%)	0.0%	$48.06	+31.1%	COM	02209S103
TGT	TARGET CORP	6,992 (+51.7%)	$847 (+88.1%)	0.0%	$130.79	-16.5%	COM	87612E106
ZBH	ZIMMER BIOMET HOLDINGS INC	42,410 (+10.1%)	$3,835 (+10.7%)	0.1%	$95.77	-4.3%	COM	98956P102
PG	PROCTER & GAMBLE CO	8,220 (+41.0%)	$1,187 (+42.1%)	0.0%	$158.72	-4.4%	COM	742718109
CPNG	COUPANG INC	168,790 (+12.8%)	$3,187 (-9.7%)	0.1%	$22.50	-11.7%	CL A	22266T109
SPG	SIMON PPTY GROUP INC NEW	7,431 (+31.6%)	$1,386 (+32.6%)	0.0%	$170.54	+7.9%	COM	828806109
NVO	NOVO-NORDISK A S	20,015 (+133.7%)	$736 (+68.8%)	0.0%	$63.58	—	ADR	670100205
BRK/B	BERKSHIRE HATHAWAY INC DEL	19,073 (+8.2%)	$9,140 (+3.2%)	0.1%	$505.40	-2.4%	CL B NEW	084670702
FITB	FIFTH THIRD BANCORP	36,446 (+19.5%)	$1,693 (+18.6%)	0.0%	$41.18	+24.5%	COM	316773100
BLK	BLACKROCK INC	468 (+112.7%)	$450 (+91.1%)	0.0%	$1046.17	+4.9%	COM	09290D101
UPS	UNITED PARCEL SVCS INC	5,645 (+54.2%)	$555 (+53.0%)	0.0%	$116.89	-6.0%	CL B	911312106
AON	AON PLC	72,301 (+8.5%)	$23,337 (-0.8%)	0.4%	$305.47	+10.0%	SHS CL A	G0403H108
LOAR	LOAR HOLDINGS INC	47,823 (+26.1%)	$2,740 (+6.2%)	0.0%	$72.08	-4.4%	COM SHS	53947R105
SWK	STANLEY BLACK & DECKER INC	12,820 (+23.2%)	$911 (+17.9%)	0.0%	$72.64	+16.3%	COM	854502101
BN	BROOKFIELD CORP	389,706 (+14.3%)	$15,771 (+0.8%)	0.3%	$35.16	+32.8%	CL A LTD VT SH	11271J107
CCI	CROWN CASTLE INC	4,881 (+60.5%)	$397 (+46.9%)	0.0%	$88.97	-0.3%	COM	22822V101
TEL	TE CONNECTIVITY PLC	3,334 (+32.2%)	$697 (+21.5%)	0.0%	$167.08	+37.6%	ORD SHS	G87052109
MDLN	MEDLINE INC	13,142 (+19.5%)	$585 (+26.6%)	0.0%	$42.65	+5.1%	COM CL A	58507V107
CRSP	CRISPR THERAPEUTICS AG	102,278 (+7.9%)	$4,865 (-2.1%)	0.1%	$61.25	-12.7%	NAMEN AKT	H17182108
GS	GOLDMAN SACHS GROUP INC	21,004 (+4.4%)	$17,769 (+0.5%)	0.3%	$445.18	+109.5%	COM	38141G104
BRO	BROWN & BROWN INC	30,813 (+27.0%)	$2,009 (+3.9%)	0.0%	$95.95	-22.7%	COM	115236101
B	BARRICK MNG CORP	157,248 (+5.6%)	$6,420 (-1.0%)	0.1%	$25.55	+89.1%	COM SHS	06849F108
WYNN	WYNN RESORTS LTD	143,255 (+19.0%)	$14,548 (+0.4%)	0.2%	$91.55	+24.7%	COM	983134107
MNST	MONSTER BEVERAGE CORP NEW	133,545 (+6.4%)	$9,677 (+0.6%)	0.2%	$52.05	+54.9%	COM	61174X109
FICO	FAIR ISAAC CORP	761 (+63.3%)	$812 (+3.1%)	0.0%	$1496.67	-2.0%	COM	303250104
ICE	INTERCONTINENTAL EXCHANGE IN	68,187 (+3.2%)	$10,724 (+0.2%)	0.2%	$160.38	+2.9%	COM	45866F104
MTN	VAIL RESORTS INC	3,824 (+7.8%)	$491 (+4.2%)	0.0%	$165.67	-16.8%	COM	91879Q109
MSTR	STRATEGY INC	13,309 (+23.2%)	$1,661 (+1.2%)	0.0%	$275.06	-46.6%	CL A NEW	594972408
GGB	GERDAU SA	954,655 (+2.2%)	$3,446 (-0.1%)	0.1%	$4.12	—	SPON ADR REP PFD	373737105

Exited Positions (43)

SNPS SYNOPSYS INC 0.7%

Value ($000) $40,593 Shares 86,420 Est. Cost $468.54 Unrealized +0.7%

FLUT FLUTTER ENTMT PLC 0.5%

Value ($000) $28,766 Shares 133,772 Est. Cost $220.90 Unrealized -24.6%

RDDT REDDIT INC 0.2%

Value ($000) $10,651 Shares 46,337 Est. Cost $210.30 Unrealized -9.8%

DUOL DUOLINGO INC 0.1%

Value ($000) $4,231 Shares 24,108 Est. Cost $366.36 Unrealized -62.4%

HSY HERSHEY CO 0.0%

Value ($000) $3,039 Shares 16,702 Est. Cost $173.53 Unrealized +18.0%

YMM FULL TRUCK ALLIANCE CO LTD 0.0%

Value ($000) $2,860 Shares 266,548 Est. Cost $12.97 Unrealized —

IT GARTNER INC 0.0%

Value ($000) $2,387 Shares 9,463 Est. Cost $248.77 Unrealized -20.4%

PWR QUANTA SVCS INC 0.0%

Value ($000) $2,144 Shares 5,081 Est. Cost $277.59 Unrealized +75.2%

UBS UBS GROUP AG 0.0%

Value ($000) $1,983 Shares 42,498 Est. Cost $24.69 Unrealized +84.5%

CSX CSX CORP 0.0%

Value ($000) $1,833 Shares 50,578 Est. Cost $31.51 Unrealized +22.2%

PNC PNC FINL SVCS GROUP INC 0.0%

Value ($000) $1,828 Shares 8,757 Est. Cost $129.72 Unrealized +73.4%

AIG AMERICAN INTL GROUP INC 0.0%

Value ($000) $1,728 Shares 20,194 Est. Cost $79.68 Unrealized -4.2%

UAL UNITED AIRLS HLDGS INC 0.0%

Value ($000) $1,668 Shares 14,914 Est. Cost $58.74 Unrealized +90.1%

HDB HDFC BANK LTD 0.0%

Value ($000) $1,522 Shares 41,648 Est. Cost $48.73 Unrealized —

AWI ARMSTRONG WORLD INDS INC NEW 0.0%

Value ($000) $1,368 Shares 7,156 Est. Cost $72.48 Unrealized +165.9%

LVS LAS VEGAS SANDS CORP 0.0%

Value ($000) $1,361 Shares 20,902 Est. Cost $61.19 Unrealized -4.6%

WMS ADVANCED DRAIN SYS INC DEL 0.0%

Value ($000) $1,284 Shares 8,868 Est. Cost $131.06 Unrealized +23.0%

FDX FEDEX CORP 0.0%

Value ($000) $1,267 Shares 4,387 Est. Cost $223.51 Unrealized +51.6%

EWBC EAST WEST BANCORP INC 0.0%

Value ($000) $1,182 Shares 10,516 Est. Cost $82.73 Unrealized +40.4%

SAIA SAIA INC 0.0%

Value ($000) $1,109 Shares 3,397 Est. Cost $423.53 Unrealized -12.1%

VLTO VERALTO CORP 0.0%

Value ($000) $1,106 Shares 11,080 Est. Cost $82.52 Unrealized +18.1%

CHTR CHARTER COMMUNICATIONS INC N 0.0%

Value ($000) $1,039 Shares 4,979 Est. Cost $339.38 Unrealized -37.0%

WCN WASTE CONNECTIONS INC 0.0%

Value ($000) $940 Shares 5,360 Est. Cost $161.97 Unrealized +3.3%

WSO WATSCO INC 0.0%

Value ($000) $913 Shares 2,709 Est. Cost $407.76 Unrealized -3.8%

DLTR DOLLAR TREE INC 0.0%

Value ($000) $857 Shares 6,963 Est. Cost $84.07 Unrealized +52.8%

NUE NUCOR CORP 0.0%

Value ($000) $846 Shares 5,188 Est. Cost $117.16 Unrealized +52.3%

EXE EXPAND ENERGY CORPORATION 0.0%

Value ($000) $845 Shares 7,654 Est. Cost $110.64 Unrealized -4.4%

TFC TRUIST FINL CORP 0.0%

Value ($000) $820 Shares 16,657 Est. Cost $42.19 Unrealized +21.2%

AES AES CORP 0.0%

Value ($000) $770 Shares 53,668 Est. Cost $18.06 Unrealized -16.2%

CHD CHURCH & DWIGHT CO INC 0.0%

Value ($000) $751 Shares 8,953 Est. Cost $97.19 Unrealized -2.5%

— MICROCHIP TECHNOLOGY INC. 0.0%

Value ($000) $637 Shares 10,936 Est. Cost $50.33 Unrealized —

PCG PG&E CORP 0.0%

Value ($000) $593 Shares 36,889 Est. Cost $17.42 Unrealized -6.0%

PYPL PAYPAL HLDGS INC 0.0%

Value ($000) $482 Shares 8,260 Est. Cost $64.84 Unrealized -22.8%

ELV ELEVANCE HEALTH INC FORMERLY 0.0%

Value ($000) $354 Shares 1,011 Est. Cost $444.03 Unrealized -20.8%

GIS GENERAL MLS INC 0.0%

Value ($000) $347 Shares 7,468 Est. Cost $55.34 Unrealized -17.8%

— PG&E CORP 0.0%

Value ($000) $279 Shares 6,800 Est. Cost $44.74 Unrealized —

FCNCA FIRST CTZNS BANCSHARES INC D 0.0%

Value ($000) $270 Shares 126 Est. Cost $1883.58 Unrealized +11.1%

TW TRADEWEB MKTS INC 0.0%

Value ($000) $258 Shares 2,398 Est. Cost $131.89 Unrealized -17.1%

HUM HUMANA INC 0.0%

Value ($000) $244 Shares 952 Est. Cost $261.21 Unrealized -14.4%

— QIAGEN NV 0.0%

Value ($000) $234 Shares 5,131 Est. Cost $39.62 Unrealized —

FIS FIDELITY NATL INFORMATION SV 0.0%

Value ($000) $233 Shares 3,500 Est. Cost $65.64 Unrealized -14.2%

HAS HASBRO INC 0.0%

Value ($000) $227 Shares 2,767 Est. Cost $78.03 Unrealized +18.8%

VRSK VERISK ANALYTICS INC 0.0%

Value ($000) $216 Shares 964 Est. Cost $273.52 Unrealized -25.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SNPS	SYNOPSYS INC	86,420	$40,593	0.7%	$468.54	+0.7%	—	871607107
FLUT	FLUTTER ENTMT PLC	133,772	$28,766	0.5%	$220.90	-24.6%	—	G3643J108
RDDT	REDDIT INC	46,337	$10,651	0.2%	$210.30	-9.8%	—	75734B100
DUOL	DUOLINGO INC	24,108	$4,231	0.1%	$366.36	-62.4%	—	26603R106
HSY	HERSHEY CO	16,702	$3,039	0.0%	$173.53	+18.0%	—	427866108
YMM	FULL TRUCK ALLIANCE CO LTD	266,548	$2,860	0.0%	$12.97	—	—	35969L108
IT	GARTNER INC	9,463	$2,387	0.0%	$248.77	-20.4%	—	366651107
PWR	QUANTA SVCS INC	5,081	$2,144	0.0%	$277.59	+75.2%	—	74762E102
UBS	UBS GROUP AG	42,498	$1,983	0.0%	$24.69	+84.5%	—	H42097107
CSX	CSX CORP	50,578	$1,833	0.0%	$31.51	+22.2%	—	126408103
PNC	PNC FINL SVCS GROUP INC	8,757	$1,828	0.0%	$129.72	+73.4%	—	693475105
AIG	AMERICAN INTL GROUP INC	20,194	$1,728	0.0%	$79.68	-4.2%	—	026874784
UAL	UNITED AIRLS HLDGS INC	14,914	$1,668	0.0%	$58.74	+90.1%	—	910047109
HDB	HDFC BANK LTD	41,648	$1,522	0.0%	$48.73	—	—	40415F101
AWI	ARMSTRONG WORLD INDS INC NEW	7,156	$1,368	0.0%	$72.48	+165.9%	—	04247X102
LVS	LAS VEGAS SANDS CORP	20,902	$1,361	0.0%	$61.19	-4.6%	—	517834107
WMS	ADVANCED DRAIN SYS INC DEL	8,868	$1,284	0.0%	$131.06	+23.0%	—	00790R104
FDX	FEDEX CORP	4,387	$1,267	0.0%	$223.51	+51.6%	—	31428X106
EWBC	EAST WEST BANCORP INC	10,516	$1,182	0.0%	$82.73	+40.4%	—	27579R104
SAIA	SAIA INC	3,397	$1,109	0.0%	$423.53	-12.1%	—	78709Y105
VLTO	VERALTO CORP	11,080	$1,106	0.0%	$82.52	+18.1%	—	92338C103
CHTR	CHARTER COMMUNICATIONS INC N	4,979	$1,039	0.0%	$339.38	-37.0%	—	16119P108
WCN	WASTE CONNECTIONS INC	5,360	$940	0.0%	$161.97	+3.3%	—	94106B101
WSO	WATSCO INC	2,709	$913	0.0%	$407.76	-3.8%	—	942622200
DLTR	DOLLAR TREE INC	6,963	$857	0.0%	$84.07	+52.8%	—	256746108
NUE	NUCOR CORP	5,188	$846	0.0%	$117.16	+52.3%	—	670346105
EXE	EXPAND ENERGY CORPORATION	7,654	$845	0.0%	$110.64	-4.4%	—	165167735
TFC	TRUIST FINL CORP	16,657	$820	0.0%	$42.19	+21.2%	—	89832Q109
AES	AES CORP	53,668	$770	0.0%	$18.06	-16.2%	—	00130H105
CHD	CHURCH & DWIGHT CO INC	8,953	$751	0.0%	$97.19	-2.5%	—	171340102
—	MICROCHIP TECHNOLOGY INC.	10,936	$637	0.0%	$50.33	—	—	595017302
PCG	PG&E CORP	36,889	$593	0.0%	$17.42	-6.0%	—	69331C108
PYPL	PAYPAL HLDGS INC	8,260	$482	0.0%	$64.84	-22.8%	—	70450Y103
ELV	ELEVANCE HEALTH INC FORMERLY	1,011	$354	0.0%	$444.03	-20.8%	—	036752103
GIS	GENERAL MLS INC	7,468	$347	0.0%	$55.34	-17.8%	—	370334104
—	PG&E CORP	6,800	$279	0.0%	$44.74	—	—	69331C306
FCNCA	FIRST CTZNS BANCSHARES INC D	126	$270	0.0%	$1883.58	+11.1%	—	31946M103
TW	TRADEWEB MKTS INC	2,398	$258	0.0%	$131.89	-17.1%	—	892672106
HUM	HUMANA INC	952	$244	0.0%	$261.21	-14.4%	—	444859102
—	QIAGEN NV	5,131	$234	0.0%	$39.62	—	—	N72482206
FIS	FIDELITY NATL INFORMATION SV	3,500	$233	0.0%	$65.64	-14.2%	—	31620M106
HAS	HASBRO INC	2,767	$227	0.0%	$78.03	+18.8%	—	418056107
VRSK	VERISK ANALYTICS INC	964	$216	0.0%	$273.52	-25.5%	—	92345Y106

Decreased Positions (100)

MSFT MICROSOFT CORP 4.2%

Value ($000) $257,606 (-26.0%) Shares 695,912 (-3.3%) Est. Cost $329.24 Unrealized +32.0%

AVGO BROADCOM INC 4.8%

Value ($000) $295,595 (-16.8%) Shares 955,041 (-7.0%) Est. Cost $153.83 Unrealized +117.2%

CRM SALESFORCE INC 0.5%

Value ($000) $31,638 (-53.0%) Shares 169,488 (-33.3%) Est. Cost $235.79 Unrealized -8.5%

ALNY ALNYLAM PHARMACEUTICALS INC 0.3%

Value ($000) $17,652 (-62.8%) Shares 53,349 (-55.3%) Est. Cost $201.18 Unrealized +75.6%

NOW SERVICENOW INC 0.2%

Value ($000) $10,646 (-69.4%) Shares 101,828 (-55.1%) Est. Cost $162.72 Unrealized -25.5%

BSX BOSTON SCIENTIFIC CORP 0.3%

Value ($000) $17,528 (-55.8%) Shares 279,338 (-32.8%) Est. Cost $86.69 Unrealized -1.0%

DB DEUTSCHE BK AG 0.6%

Value ($000) $38,875 (-35.9%) Shares 1,332,396 (-14.5%) Est. Cost $16.01 Unrealized +137.5%

JPM JPMORGAN CHASE & CO 0.8%

Value ($000) $49,282 (-29.1%) Shares 167,536 (-22.3%) Est. Cost $160.56 Unrealized +94.0%

ECL ECOLAB INC 0.1%

Value ($000) $8,016 (-71.6%) Shares 30,133 (-71.9%) Est. Cost $265.71 Unrealized +7.7%

CB CHUBB LTD SWITZ 0.5%

Value ($000) $32,432 (-37.2%) Shares 99,505 (-39.9%) Est. Cost $220.99 Unrealized +43.1%

NFLX NETFLIX INC. 1.0%

Value ($000) $58,805 (-23.3%) Shares 611,593 (-25.2%) Est. Cost $100.66 Unrealized -16.7%

TMO THERMO FISHER SCIENTIFIC INC 0.7%

Value ($000) $43,950 (-28.8%) Shares 89,414 (-16.1%) Est. Cost $547.44 Unrealized +5.0%

GE GE AEROSPACE 1.2%

Value ($000) $75,465 (-16.9%) Shares 265,937 (-9.8%) Est. Cost $163.84 Unrealized +94.2%

ABT ABBOTT LABORATORIES 0.5%

Value ($000) $31,100 (-32.7%) Shares 302,915 (-17.9%) Est. Cost $108.23 Unrealized +6.6%

AAPL APPLE INC 1.2%

Value ($000) $75,242 (-16.2%) Shares 296,472 (-10.2%) Est. Cost $211.71 Unrealized +24.1%

IBM INTERNATIONAL BUSINESS MACHS 0.1%

Value ($000) $4,638 (-74.7%) Shares 19,135 (-69.1%) Est. Cost $259.58 Unrealized +9.4%

CPRT COPART INC 0.2%

Value ($000) $14,899 (-45.2%) Shares 448,764 (-35.4%) Est. Cost $43.92 Unrealized -10.8%

IR INGERSOLL RAND INC 0.4%

Value ($000) $24,176 (-33.3%) Shares 301,753 (-34.0%) Est. Cost $82.11 Unrealized +10.1%

EL LAUDER ESTEE COS INC 0.0%

Value ($000) $385 (-96.5%) Shares 5,367 (-94.9%) Est. Cost $65.41 Unrealized +71.0%

MA MASTERCARD INCORPORATED 0.9%

Value ($000) $53,613 (-15.1%) Shares 107,299 (-3.0%) Est. Cost $427.18 Unrealized +26.2%

CVE CENOVUS ENERGY INC 0.5%

Value ($000) $33,027 (+39.8%) Shares 1,247,752 (-10.6%) Est. Cost $17.13 Unrealized +14.5%

CNI CANADIAN NATL RY CO 0.0%

Value ($000) $773 (-92.1%) Shares 7,510 (-92.4%) Est. Cost $111.67 Unrealized -8.6%

VALE VALE S A 0.0%

Value ($000) $513 (-94.0%) Shares 32,228 (-95.1%) Est. Cost $13.06 Unrealized —

SPOT SPOTIFY TECHNOLOGY S A 0.1%

Value ($000) $6,133 (-56.8%) Shares 12,648 (-48.2%) Est. Cost $601.28 Unrealized -17.3%

ACN ACCENTURE PLC IRELAND 0.0%

Value ($000) $2,340 (-77.3%) Shares 11,801 (-69.3%) Est. Cost $273.68 Unrealized -7.5%

FCX FREEPORT MCMORAN INC 0.1%

Value ($000) $6,079 (-55.6%) Shares 103,427 (-61.6%) Est. Cost $40.00 Unrealized +52.8%

CEG CONSTELLATION ENERGY CORP 0.1%

Value ($000) $3,970 (-57.4%) Shares 14,217 (-46.1%) Est. Cost $223.38 Unrealized +34.8%

AMX AMERICA MOVIL SAB DE CV 0.3%

Value ($000) $17,274 (-23.1%) Shares 677,924 (-37.6%) Est. Cost $20.19 Unrealized —

KEYS KEYSIGHT TECHNOLOGIES INC 0.3%

Value ($000) $19,277 (+36.0%) Shares 68,267 (-2.1%) Est. Cost $156.75 Unrealized +45.6%

SHW SHERWIN WILLIAMS CO 0.5%

Value ($000) $29,690 (-14.4%) Shares 92,621 (-13.5%) Est. Cost $296.51 Unrealized +19.8%

SRE SEMPRA 0.1%

Value ($000) $8,889 (-34.8%) Shares 91,475 (-40.8%) Est. Cost $71.88 Unrealized +24.5%

EFX EQUIFAX INC 0.1%

Value ($000) $6,701 (-40.5%) Shares 37,216 (-28.3%) Est. Cost $223.81 Unrealized -8.7%

ICLR ICON PLC 0.1%

Value ($000) $4,891 (-47.6%) Shares 44,201 (-13.7%) Est. Cost $176.30 Unrealized -11.3%

BAM BROOKFIELD ASSET MANAGMT LTD 0.2%

Value ($000) $9,863 (-28.9%) Shares 221,898 (-16.2%) Est. Cost $35.26 Unrealized +45.9%

MDLZ MONDELEZ INTL INC 0.3%

Value ($000) $18,740 (-16.6%) Shares 325,121 (-22.2%) Est. Cost $59.56 Unrealized -2.4%

BZ KANZHUN LIMITED 0.0%

Value ($000) $542 (-87.1%) Shares 40,471 (-80.3%) Est. Cost $21.04 Unrealized —

MMYT MAKEMYTRIP LIMITED MAURITIUS 0.0%

Value ($000) $220 (-93.7%) Shares 5,894 (-86.1%) Est. Cost $42.86 Unrealized +53.0%

COF CAPITAL ONE FINL CORP 0.1%

Value ($000) $3,852 (-45.5%) Shares 21,114 (-27.6%) Est. Cost $182.74 Unrealized +22.2%

ILMN ILLUMINA INC 0.2%

Value ($000) $10,648 (-22.7%) Shares 86,385 (-17.8%) Est. Cost $123.90 Unrealized +9.3%

INTC INTEL CORP 0.2%

Value ($000) $11,631 (-20.9%) Shares 263,558 (-33.8%) Est. Cost $32.43 Unrealized +43.2%

SE SEA LTD 0.0%

Value ($000) $1,988 (-57.2%) Shares 24,007 (-34.1%) Est. Cost $116.73 Unrealized —

RGLD ROYAL GOLD INC 0.2%

Value ($000) $10,268 (-19.1%) Shares 40,349 (-29.3%) Est. Cost $183.84 Unrealized +46.9%

BTI BRITISH AMERN TOB PLC 0.0%

Value ($000) $910 (-72.7%) Shares 15,566 (-73.5%) Est. Cost $44.58 Unrealized —

IBN ICICI BANK LIMITED 0.2%

Value ($000) $9,707 (-19.2%) Shares 374,784 (-7.1%) Est. Cost $21.33 Unrealized —

AXP AMERICAN EXPRESS CO 0.1%

Value ($000) $6,464 (-26.1%) Shares 21,370 (-9.6%) Est. Cost $329.76 Unrealized +8.0%

PH PARKER-HANNIFIN CORP 0.0%

Value ($000) $943 (-67.4%) Shares 1,053 (-68.0%) Est. Cost $640.31 Unrealized +49.6%

CVX CHEVRON CORPORATION 0.0%

Value ($000) $1,316 (-59.6%) Shares 6,362 (-70.3%) Est. Cost $147.90 Unrealized +16.2%

ARMK ARAMARK 0.0%

Value ($000) $2,291 (-45.8%) Shares 56,508 (-50.7%) Est. Cost $35.91 Unrealized +8.8%

MU MICRON TECHNOLOGY INC 1.0%

Value ($000) $63,422 (-2.6%) Shares 187,728 (-17.7%) Est. Cost $104.19 Unrealized +271.5%

BX BLACKSTONE INC 0.0%

Value ($000) $1,173 (-58.8%) Shares 10,199 (-44.7%) Est. Cost $104.16 Unrealized +35.2%

DAL DELTA AIR LINES INC 0.1%

Value ($000) $8,696 (-15.4%) Shares 130,807 (-11.7%) Est. Cost $44.95 Unrealized +55.4%

HAL HALLIBURTON CO 0.0%

Value ($000) $643 (-70.7%) Shares 16,500 (-78.8%) Est. Cost $28.06 Unrealized +19.5%

TMUS T-MOBILE US INC 0.0%

Value ($000) $831 (-64.2%) Shares 3,956 (-65.4%) Est. Cost $207.29 Unrealized -3.4%

NCLH NORWEGIAN CRUISE LINE HLDGS 0.0%

Value ($000) $967 (-60.7%) Shares 51,706 (-53.1%) Est. Cost $19.69 Unrealized +16.1%

ITT ITT INC 0.3%

Value ($000) $18,688 (+8.5%) Shares 98,082 (-1.2%) Est. Cost $130.68 Unrealized +45.8%

CMG CHIPOTLE MEXICAN GRILL INC 0.1%

Value ($000) $4,399 (-22.7%) Shares 137,411 (-10.7%) Est. Cost $45.61 Unrealized -14.9%

COP CONOCOPHILLIPS 0.2%

Value ($000) $12,746 (+11.3%) Shares 96,563 (-21.1%) Est. Cost $87.90 Unrealized +16.8%

URI UNITED RENTALS INC 0.1%

Value ($000) $4,449 (-22.3%) Shares 6,107 (-13.7%) Est. Cost $763.11 Unrealized +15.7%

HLT HILTON WORLDWIDE HLDGS INC 0.1%

Value ($000) $4,465 (-21.1%) Shares 14,683 (-25.5%) Est. Cost $153.47 Unrealized +98.8%

TRP TC ENERGY CORP 0.0%

Value ($000) $2,541 (-31.2%) Shares 40,629 (-39.4%) Est. Cost $35.60 Unrealized +63.6%

ASML ASML HLDG NV 0.9%

Value ($000) $55,570 (-1.9%) Shares 42,072 (-20.6%) Est. Cost $735.94 Unrealized —

KDP KEURIG DR PEPPER INC 0.1%

Value ($000) $4,113 (-20.4%) Shares 156,215 (-15.3%) Est. Cost $30.59 Unrealized -7.4%

HON HONEYWELL INTL INC 0.0%

Value ($000) $228 (-80.4%) Shares 1,007 (-83.1%) Est. Cost $197.17 Unrealized +14.6%

OWL BLUE OWL CAPITAL INC 0.0%

Value ($000) $1,082 (-42.1%) Shares 118,476 (-5.2%) Est. Cost $20.39 Unrealized -32.7%

XPO XPO INC 0.1%

Value ($000) $6,899 (+12.0%) Shares 35,460 (-21.7%) Est. Cost $123.02 Unrealized +38.5%

CNP CENTERPOINT ENERGY INC 0.1%

Value ($000) $5,345 (-11.7%) Shares 123,831 (-21.6%) Est. Cost $28.15 Unrealized +42.1%

MS MORGAN STANLEY 0.0%

Value ($000) $618 (-51.9%) Shares 3,757 (-48.1%) Est. Cost $94.34 Unrealized +90.4%

USFD US FOODS HLDG CORP 0.0%

Value ($000) $1,844 (-26.2%) Shares 20,002 (-39.7%) Est. Cost $69.69 Unrealized +24.3%

TJX TJX COS INC NEW 0.0%

Value ($000) $2,172 (-22.3%) Shares 13,601 (-25.2%) Est. Cost $121.52 Unrealized +26.9%

MAR MARRIOTT INTL INC NEW 0.3%

Value ($000) $17,112 (+3.6%) Shares 52,319 (-1.7%) Est. Cost $251.86 Unrealized +31.3%

GEHC GE HEALTHCARE TECHNOLOGIES I 0.0%

Value ($000) $419 (-58.7%) Shares 5,880 (-52.4%) Est. Cost $77.91 Unrealized +5.6%

LII LENNOX INTL INC 0.0%

Value ($000) $1,582 (-27.0%) Shares 3,409 (-23.6%) Est. Cost $584.55 Unrealized -9.9%

GD GENERAL DYNAMICS CORP 0.0%

Value ($000) $675 (-45.2%) Shares 1,966 (-46.2%) Est. Cost $340.86 Unrealized +4.0%

ATO ATMOS ENERGY CORP 0.1%

Value ($000) $3,489 (-13.4%) Shares 18,887 (-21.5%) Est. Cost $140.67 Unrealized +21.9%

DRI DARDEN RESTAURANTS INC 0.0%

Value ($000) $1,286 (-29.5%) Shares 6,560 (-33.8%) Est. Cost $166.04 Unrealized +24.9%

FANG DIAMONDBACK ENERGY INC 0.0%

Value ($000) $316 (-62.9%) Shares 1,597 (-71.8%) Est. Cost $147.05 Unrealized +8.7%

IP INTERNATIONAL PAPER CO 0.1%

Value ($000) $3,111 (-14.4%) Shares 87,142 (-5.6%) Est. Cost $43.71 Unrealized +0.2%

MOH MOLINA HEALTHCARE INC 0.0%

Value ($000) $705 (-42.0%) Shares 5,288 (-24.5%) Est. Cost $297.42 Unrealized -43.3%

ORCL ORACLE CORP 0.0%

Value ($000) $949 (-34.3%) Shares 6,453 (-13.0%) Est. Cost $221.78 Unrealized -23.5%

PDD PDD HOLDINGS INC 0.0%

Value ($000) $2,662 (-15.4%) Shares 26,050 (-6.1%) Est. Cost $108.15 Unrealized —

APD AIR PRODUCTS AND CHEMICALS I 0.0%

Value ($000) $2,014 (-19.2%) Shares 6,932 (-31.3%) Est. Cost $291.77 Unrealized -7.0%

UBER UBER TECHNOLOGIES INC 0.0%

Value ($000) $587 (-44.0%) Shares 8,162 (-36.4%) Est. Cost $47.37 Unrealized +66.2%

NTES NETEASE COM INC 0.0%

Value ($000) $1,231 (-25.7%) Shares 10,995 (-8.6%) Est. Cost $102.02 Unrealized —

CM CANADIAN IMPERIAL BANK OF CO 0.1%

Value ($000) $4,717 (-8.2%) Shares 49,928 (-11.8%) Est. Cost $64.91 Unrealized +45.7%

TXN TEXAS INSTRS INC 0.0%

Value ($000) $626 (-36.8%) Shares 3,227 (-43.6%) Est. Cost $165.73 Unrealized +24.5%

ADBE ADOBE INC 0.0%

Value ($000) $433 (-41.1%) Shares 1,782 (-15.1%) Est. Cost $450.90 Unrealized -35.7%

NU NU HLDGS LTD 0.0%

Value ($000) $1,240 (-16.6%) Shares 86,322 (-2.9%) Est. Cost $12.14 Unrealized +42.9%

G GENPACT LIMITED 0.0%

Value ($000) $760 (-22.9%) Shares 20,395 (-3.2%) Est. Cost $39.96 Unrealized +6.6%

BMY BRISTOL-MYERS SQUIBB CO 0.1%

Value ($000) $5,715 (+3.4%) Shares 94,231 (-8.0%) Est. Cost $51.63 Unrealized +11.2%

PEG PUBLIC SVC ENTERPRISE GROUP 0.0%

Value ($000) $256 (-42.4%) Shares 3,158 (-42.8%) Est. Cost $81.08 Unrealized +0.6%

SOBO SOUTH BOW CORP 0.1%

Value ($000) $4,169 (+4.2%) Shares 125,628 (-13.6%) Est. Cost $24.30 Unrealized +17.2%

WH WYNDHAM HOTELS & RESORTS INC 0.0%

Value ($000) $791 (-15.2%) Shares 9,741 (-21.2%) Est. Cost $75.40 Unrealized +4.2%

CI THE CIGNA GROUP 0.0%

Value ($000) $929 (-10.4%) Shares 3,481 (-7.5%) Est. Cost $315.12 Unrealized -10.9%

AMT AMERICAN TOWER CORP 0.0%

Value ($000) $681 (-11.5%) Shares 3,946 (-10.0%) Est. Cost $195.40 Unrealized -10.5%

JCI JOHNSON CONTROLS INTERNATION 0.0%

Value ($000) $358 (-17.8%) Shares 2,734 (-24.8%) Est. Cost $76.07 Unrealized +65.7%

ACGL ARCH CAP GROUP LTD 0.0%

Value ($000) $2,304 (-2.8%) Shares 23,999 (-2.8%) Est. Cost $67.51 Unrealized +42.0%

— ALBEMARLE CORP 0.0%

Value ($000) $727 (-7.8%) Shares 10,121 (-23.8%) Est. Cost $40.74 Unrealized —

NSC NORFOLK SOUTHN CORP 0.0%

Value ($000) $1,349 (-2.7%) Shares 4,701 (-2.1%) Est. Cost $230.67 Unrealized +29.3%

EQT EQT CORP 0.0%

Value ($000) $1,724 (-1.2%) Shares 27,094 (-16.8%) Est. Cost $41.55 Unrealized +33.0%

AMAT APPLIED MATLS INC 0.1%

Value ($000) $7,475 (-0.3%) Shares 21,869 (-25.0%) Est. Cost $189.57 Unrealized +72.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	695,912 (-3.3%)	$257,606 (-26.0%)	4.2%	$329.24	+32.0%	COM	594918104
AVGO	BROADCOM INC	955,041 (-7.0%)	$295,595 (-16.8%)	4.8%	$153.83	+117.2%	COM	11135F101
CRM	SALESFORCE INC	169,488 (-33.3%)	$31,638 (-53.0%)	0.5%	$235.79	-8.5%	COM	79466L302
ALNY	ALNYLAM PHARMACEUTICALS INC	53,349 (-55.3%)	$17,652 (-62.8%)	0.3%	$201.18	+75.6%	COM	02043Q107
NOW	SERVICENOW INC	101,828 (-55.1%)	$10,646 (-69.4%)	0.2%	$162.72	-25.5%	COM	81762P102
BSX	BOSTON SCIENTIFIC CORP	279,338 (-32.8%)	$17,528 (-55.8%)	0.3%	$86.69	-1.0%	COM	101137107
DB	DEUTSCHE BK AG	1,332,396 (-14.5%)	$38,875 (-35.9%)	0.6%	$16.01	+137.5%	NAMEN AKT	D18190898
JPM	JPMORGAN CHASE & CO	167,536 (-22.3%)	$49,282 (-29.1%)	0.8%	$160.56	+94.0%	COM	46625H100
ECL	ECOLAB INC	30,133 (-71.9%)	$8,016 (-71.6%)	0.1%	$265.71	+7.7%	COM	278865100
CB	CHUBB LTD SWITZ	99,505 (-39.9%)	$32,432 (-37.2%)	0.5%	$220.99	+43.1%	COM	H1467J104
NFLX	NETFLIX INC.	611,593 (-25.2%)	$58,805 (-23.3%)	1.0%	$100.66	-16.7%	COM	64110L106
TMO	THERMO FISHER SCIENTIFIC INC	89,414 (-16.1%)	$43,950 (-28.8%)	0.7%	$547.44	+5.0%	COM	883556102
GE	GE AEROSPACE	265,937 (-9.8%)	$75,465 (-16.9%)	1.2%	$163.84	+94.2%	COM NEW	369604301
ABT	ABBOTT LABORATORIES	302,915 (-17.9%)	$31,100 (-32.7%)	0.5%	$108.23	+6.6%	COM	002824100
AAPL	APPLE INC	296,472 (-10.2%)	$75,242 (-16.2%)	1.2%	$211.71	+24.1%	COM	037833100
IBM	INTERNATIONAL BUSINESS MACHS	19,135 (-69.1%)	$4,638 (-74.7%)	0.1%	$259.58	+9.4%	COM	459200101
CPRT	COPART INC	448,764 (-35.4%)	$14,899 (-45.2%)	0.2%	$43.92	-10.8%	COM	217204106
IR	INGERSOLL RAND INC	301,753 (-34.0%)	$24,176 (-33.3%)	0.4%	$82.11	+10.1%	COM	45687V106
EL	LAUDER ESTEE COS INC	5,367 (-94.9%)	$385 (-96.5%)	0.0%	$65.41	+71.0%	CL A	518439104
MA	MASTERCARD INCORPORATED	107,299 (-3.0%)	$53,613 (-15.1%)	0.9%	$427.18	+26.2%	CL A	57636Q104
CVE	CENOVUS ENERGY INC	1,247,752 (-10.6%)	$33,027 (+39.8%)	0.5%	$17.13	+14.5%	COM	15135U109
CNI	CANADIAN NATL RY CO	7,510 (-92.4%)	$773 (-92.1%)	0.0%	$111.67	-8.6%	COM	136375102
VALE	VALE S A	32,228 (-95.1%)	$513 (-94.0%)	0.0%	$13.06	—	SPONSORED ADS	91912E105
SPOT	SPOTIFY TECHNOLOGY S A	12,648 (-48.2%)	$6,133 (-56.8%)	0.1%	$601.28	-17.3%	SHS	L8681T102
ACN	ACCENTURE PLC IRELAND	11,801 (-69.3%)	$2,340 (-77.3%)	0.0%	$273.68	-7.5%	SHS CLASS A	G1151C101
FCX	FREEPORT MCMORAN INC	103,427 (-61.6%)	$6,079 (-55.6%)	0.1%	$40.00	+52.8%	CL B	35671D857
CEG	CONSTELLATION ENERGY CORP	14,217 (-46.1%)	$3,970 (-57.4%)	0.1%	$223.38	+34.8%	COM	21037T109
AMX	AMERICA MOVIL SAB DE CV	677,924 (-37.6%)	$17,274 (-23.1%)	0.3%	$20.19	—	SPON ADS RP CL B	02390A101
KEYS	KEYSIGHT TECHNOLOGIES INC	68,267 (-2.1%)	$19,277 (+36.0%)	0.3%	$156.75	+45.6%	COM	49338L103
SHW	SHERWIN WILLIAMS CO	92,621 (-13.5%)	$29,690 (-14.4%)	0.5%	$296.51	+19.8%	COM	824348106
SRE	SEMPRA	91,475 (-40.8%)	$8,889 (-34.8%)	0.1%	$71.88	+24.5%	COM	816851109
EFX	EQUIFAX INC	37,216 (-28.3%)	$6,701 (-40.5%)	0.1%	$223.81	-8.7%	COM	294429105
ICLR	ICON PLC	44,201 (-13.7%)	$4,891 (-47.6%)	0.1%	$176.30	-11.3%	SHS	G4705A100
BAM	BROOKFIELD ASSET MANAGMT LTD	221,898 (-16.2%)	$9,863 (-28.9%)	0.2%	$35.26	+45.9%	CL A LMT VTG SHS	113004105
MDLZ	MONDELEZ INTL INC	325,121 (-22.2%)	$18,740 (-16.6%)	0.3%	$59.56	-2.4%	CL A	609207105
BZ	KANZHUN LIMITED	40,471 (-80.3%)	$542 (-87.1%)	0.0%	$21.04	—	SPONSORED ADS	48553T106
MMYT	MAKEMYTRIP LIMITED MAURITIUS	5,894 (-86.1%)	$220 (-93.7%)	0.0%	$42.86	+53.0%	SHS	V5633W109
COF	CAPITAL ONE FINL CORP	21,114 (-27.6%)	$3,852 (-45.5%)	0.1%	$182.74	+22.2%	COM	14040H105
ILMN	ILLUMINA INC	86,385 (-17.8%)	$10,648 (-22.7%)	0.2%	$123.90	+9.3%	COM	452327109
INTC	INTEL CORP	263,558 (-33.8%)	$11,631 (-20.9%)	0.2%	$32.43	+43.2%	COM	458140100
SE	SEA LTD	24,007 (-34.1%)	$1,988 (-57.2%)	0.0%	$116.73	—	SPONSORD ADS	81141R100
RGLD	ROYAL GOLD INC	40,349 (-29.3%)	$10,268 (-19.1%)	0.2%	$183.84	+46.9%	COM	780287108
BTI	BRITISH AMERN TOB PLC	15,566 (-73.5%)	$910 (-72.7%)	0.0%	$44.58	—	SPONSORED ADR	110448107
IBN	ICICI BANK LIMITED	374,784 (-7.1%)	$9,707 (-19.2%)	0.2%	$21.33	—	ADR	45104G104
AXP	AMERICAN EXPRESS CO	21,370 (-9.6%)	$6,464 (-26.1%)	0.1%	$329.76	+8.0%	COM	025816109
PH	PARKER-HANNIFIN CORP	1,053 (-68.0%)	$943 (-67.4%)	0.0%	$640.31	+49.6%	COM	701094104
CVX	CHEVRON CORPORATION	6,362 (-70.3%)	$1,316 (-59.6%)	0.0%	$147.90	+16.2%	COM	166764100
ARMK	ARAMARK	56,508 (-50.7%)	$2,291 (-45.8%)	0.0%	$35.91	+8.8%	COM	03852U106
MU	MICRON TECHNOLOGY INC	187,728 (-17.7%)	$63,422 (-2.6%)	1.0%	$104.19	+271.5%	COM	595112103
BX	BLACKSTONE INC	10,199 (-44.7%)	$1,173 (-58.8%)	0.0%	$104.16	+35.2%	COM	09260D107
DAL	DELTA AIR LINES INC	130,807 (-11.7%)	$8,696 (-15.4%)	0.1%	$44.95	+55.4%	COM NEW	247361702
HAL	HALLIBURTON CO	16,500 (-78.8%)	$643 (-70.7%)	0.0%	$28.06	+19.5%	COM	406216101
TMUS	T-MOBILE US INC	3,956 (-65.4%)	$831 (-64.2%)	0.0%	$207.29	-3.4%	COM	872590104
NCLH	NORWEGIAN CRUISE LINE HLDGS	51,706 (-53.1%)	$967 (-60.7%)	0.0%	$19.69	+16.1%	SHS	G66721104
ITT	ITT INC	98,082 (-1.2%)	$18,688 (+8.5%)	0.3%	$130.68	+45.8%	COM	45073V108
CMG	CHIPOTLE MEXICAN GRILL INC	137,411 (-10.7%)	$4,399 (-22.7%)	0.1%	$45.61	-14.9%	COM	169656105
COP	CONOCOPHILLIPS	96,563 (-21.1%)	$12,746 (+11.3%)	0.2%	$87.90	+16.8%	COM	20825C104
URI	UNITED RENTALS INC	6,107 (-13.7%)	$4,449 (-22.3%)	0.1%	$763.11	+15.7%	COM	911363109
HLT	HILTON WORLDWIDE HLDGS INC	14,683 (-25.5%)	$4,465 (-21.1%)	0.1%	$153.47	+98.8%	COM	43300A203
TRP	TC ENERGY CORP	40,629 (-39.4%)	$2,541 (-31.2%)	0.0%	$35.60	+63.6%	COM	87807B107
ASML	ASML HLDG NV	42,072 (-20.6%)	$55,570 (-1.9%)	0.9%	$735.94	—	N Y REGISTRY SHS	N07059210
KDP	KEURIG DR PEPPER INC	156,215 (-15.3%)	$4,113 (-20.4%)	0.1%	$30.59	-7.4%	COM	49271V100
HON	HONEYWELL INTL INC	1,007 (-83.1%)	$228 (-80.4%)	0.0%	$197.17	+14.6%	COM	438516106
OWL	BLUE OWL CAPITAL INC	118,476 (-5.2%)	$1,082 (-42.1%)	0.0%	$20.39	-32.7%	COM CL A	09581B103
XPO	XPO INC	35,460 (-21.7%)	$6,899 (+12.0%)	0.1%	$123.02	+38.5%	COM	983793100
CNP	CENTERPOINT ENERGY INC	123,831 (-21.6%)	$5,345 (-11.7%)	0.1%	$28.15	+42.1%	COM	15189T107
MS	MORGAN STANLEY	3,757 (-48.1%)	$618 (-51.9%)	0.0%	$94.34	+90.4%	COM NEW	617446448
USFD	US FOODS HLDG CORP	20,002 (-39.7%)	$1,844 (-26.2%)	0.0%	$69.69	+24.3%	COM	912008109
TJX	TJX COS INC NEW	13,601 (-25.2%)	$2,172 (-22.3%)	0.0%	$121.52	+26.9%	COM	872540109
MAR	MARRIOTT INTL INC NEW	52,319 (-1.7%)	$17,112 (+3.6%)	0.3%	$251.86	+31.3%	CL A	571903202
GEHC	GE HEALTHCARE TECHNOLOGIES I	5,880 (-52.4%)	$419 (-58.7%)	0.0%	$77.91	+5.6%	COMMON STOCK	36266G107
LII	LENNOX INTL INC	3,409 (-23.6%)	$1,582 (-27.0%)	0.0%	$584.55	-9.9%	COM	526107107
GD	GENERAL DYNAMICS CORP	1,966 (-46.2%)	$675 (-45.2%)	0.0%	$340.86	+4.0%	COM	369550108
ATO	ATMOS ENERGY CORP	18,887 (-21.5%)	$3,489 (-13.4%)	0.1%	$140.67	+21.9%	COM	049560105
DRI	DARDEN RESTAURANTS INC	6,560 (-33.8%)	$1,286 (-29.5%)	0.0%	$166.04	+24.9%	COM	237194105
FANG	DIAMONDBACK ENERGY INC	1,597 (-71.8%)	$316 (-62.9%)	0.0%	$147.05	+8.7%	COM	25278X109
IP	INTERNATIONAL PAPER CO	87,142 (-5.6%)	$3,111 (-14.4%)	0.1%	$43.71	+0.2%	COM	460146103
MOH	MOLINA HEALTHCARE INC	5,288 (-24.5%)	$705 (-42.0%)	0.0%	$297.42	-43.3%	COM	60855R100
ORCL	ORACLE CORP	6,453 (-13.0%)	$949 (-34.3%)	0.0%	$221.78	-23.5%	COM	68389X105
PDD	PDD HOLDINGS INC	26,050 (-6.1%)	$2,662 (-15.4%)	0.0%	$108.15	—	SPONSORED ADS	722304102
APD	AIR PRODUCTS AND CHEMICALS I	6,932 (-31.3%)	$2,014 (-19.2%)	0.0%	$291.77	-7.0%	COM	009158106
UBER	UBER TECHNOLOGIES INC	8,162 (-36.4%)	$587 (-44.0%)	0.0%	$47.37	+66.2%	COM	90353T100
NTES	NETEASE COM INC	10,995 (-8.6%)	$1,231 (-25.7%)	0.0%	$102.02	—	SPONSORED ADS	64110W102
CM	CANADIAN IMPERIAL BANK OF CO	49,928 (-11.8%)	$4,717 (-8.2%)	0.1%	$64.91	+45.7%	COM	136069101
TXN	TEXAS INSTRS INC	3,227 (-43.6%)	$626 (-36.8%)	0.0%	$165.73	+24.5%	COM	882508104
ADBE	ADOBE INC	1,782 (-15.1%)	$433 (-41.1%)	0.0%	$450.90	-35.7%	COM	00724F101
NU	NU HLDGS LTD	86,322 (-2.9%)	$1,240 (-16.6%)	0.0%	$12.14	+42.9%	ORD SHS CL A	G6683N103
G	GENPACT LIMITED	20,395 (-3.2%)	$760 (-22.9%)	0.0%	$39.96	+6.6%	SHS	G3922B107
BMY	BRISTOL-MYERS SQUIBB CO	94,231 (-8.0%)	$5,715 (+3.4%)	0.1%	$51.63	+11.2%	COM	110122108
PEG	PUBLIC SVC ENTERPRISE GROUP	3,158 (-42.8%)	$256 (-42.4%)	0.0%	$81.08	+0.6%	COM	744573106
SOBO	SOUTH BOW CORP	125,628 (-13.6%)	$4,169 (+4.2%)	0.1%	$24.30	+17.2%	COM	83671M105
WH	WYNDHAM HOTELS & RESORTS INC	9,741 (-21.2%)	$791 (-15.2%)	0.0%	$75.40	+4.2%	COM	98311A105
CI	THE CIGNA GROUP	3,481 (-7.5%)	$929 (-10.4%)	0.0%	$315.12	-10.9%	COM	125523100
AMT	AMERICAN TOWER CORP	3,946 (-10.0%)	$681 (-11.5%)	0.0%	$195.40	-10.5%	COM	03027X100
JCI	JOHNSON CONTROLS INTERNATION	2,734 (-24.8%)	$358 (-17.8%)	0.0%	$76.07	+65.7%	SHS	G51502105
ACGL	ARCH CAP GROUP LTD	23,999 (-2.8%)	$2,304 (-2.8%)	0.0%	$67.51	+42.0%	ORD	G0450A105
—	ALBEMARLE CORP	10,121 (-23.8%)	$727 (-7.8%)	0.0%	$40.74	—	7.25% DEP SHS A	012653200
NSC	NORFOLK SOUTHN CORP	4,701 (-2.1%)	$1,349 (-2.7%)	0.0%	$230.67	+29.3%	COM	655844108
EQT	EQT CORP	27,094 (-16.8%)	$1,724 (-1.2%)	0.0%	$41.55	+33.0%	COM	26884L109
AMAT	APPLIED MATLS INC	21,869 (-25.0%)	$7,475 (-0.3%)	0.1%	$189.57	+72.3%	COM	038222105

Unchanged Positions (23)

GOOG ALPHABET INC 2.3%

Value ($000) $138,785 Shares 483,809 Est. Cost $140.89 Unrealized +129.7%

KLAC KLA CORP 0.8%

Value ($000) $49,355 Shares 33,520 Est. Cost $702.40 Unrealized +108.1%

BKNG BOOKING HOLDINGS INC 0.4%

Value ($000) $24,487 Shares 5,816 Est. Cost $2865.65 Unrealized +66.9%

MDB MONGODB INC 0.1%

Value ($000) $6,197 Shares 25,318 Est. Cost $363.83 Unrealized +3.4%

DBD DIEBOLD NIXDORF INC 0.2%

Value ($000) $14,052 Shares 186,262 Est. Cost $18.98 Unrealized +279.5%

GRFS GRIFOLS S A 0.1%

Value ($000) $5,175 Shares 645,251 Est. Cost $10.09 Unrealized —

FNV FRANCO NEV CORP 0.1%

Value ($000) $3,132 Shares 12,691 Est. Cost $129.10 Unrealized +90.4%

PAYX PAYCHEX INC 0.0%

Value ($000) $1,873 Shares 20,334 Est. Cost $136.49 Unrealized -25.3%

KT KT CORP 0.1%

Value ($000) $3,306 Shares 154,133 Est. Cost $18.76 Unrealized —

ASND ASCENDIS PHARMA A/S 0.1%

Value ($000) $5,661 Shares 24,749 Est. Cost $147.10 Unrealized —

GLW CORNING INC 0.0%

Value ($000) $607 Shares 4,466 Est. Cost $85.98 Unrealized +29.9%

BABA ALIBABA GROUP HLDG LTD 0.0%

Value ($000) $1,279 Shares 10,197 Est. Cost $132.23 Unrealized —

HEI/A HEICO CORP NEW 0.0%

Value ($000) $935 Shares 4,428 Est. Cost $132.91 Unrealized +95.2%

BLD TOPBUILD COR 0.0%

Value ($000) $637 Shares 1,814 Est. Cost $428.74 Unrealized +14.7%

NEE NEXTERA ENERGY INC 0.0%

Value ($000) $783 Shares 8,425 Est. Cost $82.50 Unrealized +5.7%

TSCO TRACTOR SUPPLY CO 0.0%

Value ($000) $803 Shares 17,734 Est. Cost $53.25 Unrealized -1.0%

D DOMINION ENERGY INC 0.0%

Value ($000) $670 Shares 10,841 Est. Cost $59.76 Unrealized +3.1%

ITW ILLINOIS TOOL WKS INC 0.0%

Value ($000) $511 Shares 1,964 Est. Cost $247.57 Unrealized +10.4%

PLD PROLOGIS INC. 0.0%

Value ($000) $691 Shares 5,227 Est. Cost $123.86 Unrealized +4.2%

ARE ALEXANDRIA REAL ESTATE EQ IN 0.0%

Value ($000) $307 Shares 6,613 Est. Cost $91.01 Unrealized -46.2%

KOF COCA-COLA FEMSA SAB DE CV 0.0%

Value ($000) $496 Shares 5,088 Est. Cost $96.73 Unrealized —

PCAR PACCAR INC 0.0%

Value ($000) $231 Shares 1,999 Est. Cost $101.22 Unrealized +21.5%

EXR EXTRA SPACE STORAGE INC 0.0%

Value ($000) $1,089 Shares 8,304 Est. Cost $144.84 Unrealized -9.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	483,809	$138,785	2.3%	$140.89	+129.7%	CAP STK CL C	02079K107
KLAC	KLA CORP	33,520	$49,355	0.8%	$702.40	+108.1%	COM NEW	482480100
BKNG	BOOKING HOLDINGS INC	5,816	$24,487	0.4%	$2865.65	+66.9%	COM	09857L108
MDB	MONGODB INC	25,318	$6,197	0.1%	$363.83	+3.4%	CL A	60937P106
DBD	DIEBOLD NIXDORF INC	186,262	$14,052	0.2%	$18.98	+279.5%	COM SHS	253651202
GRFS	GRIFOLS S A	645,251	$5,175	0.1%	$10.09	—	SP ADR REP B NVT	398438408
FNV	FRANCO NEV CORP	12,691	$3,132	0.1%	$129.10	+90.4%	COM	351858105
PAYX	PAYCHEX INC	20,334	$1,873	0.0%	$136.49	-25.3%	COM	704326107
KT	KT CORP	154,133	$3,306	0.1%	$18.76	—	SPONSORED ADR	48268K101
ASND	ASCENDIS PHARMA A/S	24,749	$5,661	0.1%	$147.10	—	SPONSORED ADR	04351P101
GLW	CORNING INC	4,466	$607	0.0%	$85.98	+29.9%	COM	219350105
BABA	ALIBABA GROUP HLDG LTD	10,197	$1,279	0.0%	$132.23	—	SPONSORED ADS	01609W102
HEI/A	HEICO CORP NEW	4,428	$935	0.0%	$132.91	+95.2%	CL A	422806208
BLD	TOPBUILD COR	1,814	$637	0.0%	$428.74	+14.7%	COM	89055F103
NEE	NEXTERA ENERGY INC	8,425	$783	0.0%	$82.50	+5.7%	COM	65339F101
TSCO	TRACTOR SUPPLY CO	17,734	$803	0.0%	$53.25	-1.0%	COM	892356106
D	DOMINION ENERGY INC	10,841	$670	0.0%	$59.76	+3.1%	COM	25746U109
ITW	ILLINOIS TOOL WKS INC	1,964	$511	0.0%	$247.57	+10.4%	COM	452308109
PLD	PROLOGIS INC.	5,227	$691	0.0%	$123.86	+4.2%	COM	74340W103
ARE	ALEXANDRIA REAL ESTATE EQ IN	6,613	$307	0.0%	$91.01	-46.2%	COM	015271109
KOF	COCA-COLA FEMSA SAB DE CV	5,088	$496	0.0%	$96.73	—	SPONS ADS REP	191241108
PCAR	PACCAR INC	1,999	$231	0.0%	$101.22	+21.5%	COM	693718108
EXR	EXTRA SPACE STORAGE INC	8,304	$1,089	0.0%	$144.84	-9.6%	COM	30225T102