Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CSCO	CISCO SYS INC	123,161	$14.47M	0.5%	$117.46	—	COM	17275R102
WSE	WISE GROUP PLC	972,356	$11.66M	0.4%	$11.99	—	ORD SHS CLASS A	G9723Y105
ANET	ARISTA NETWORKS INC	47,268	$8.03M	0.3%	$169.88	—	COM SHS	040413205
TIGO	MILLICOM INTL CELLULAR S A	71,041	$6.448M	0.2%	$90.76	—	COM STK	L6388F110
WDC	WESTERN DIGITAL CORP	8,002	$5.111M	0.2%	$638.72	—	COM	958102105
GLW	CORNING INC	18,031	$4.606M	0.2%	$255.43	—	COM	219350105
ASND	ASCENDIS PHARMA A/S	16,394	$4.373M	0.1%	$266.72	—	ORD SHS	K08588103
SPCX	SPACE EXPLORATION TECHN CORP	24,902	$4.255M	0.1%	$170.86	—	CLASS A COM STK	84615Q103
NOK	NOKIA CORP	318,362	$4.228M	0.1%	$13.28	—	SPONSORED ADR	654902204
COHR	COHERENT CORP	10,609	$4.185M	0.1%	$394.47	—	COM	19247G107
AMD	ADVANCED MICRO DEVICES INC	6,792	$3.946M	0.1%	$580.91	—	COM	007903107
ATI	ATI INC	15,128	$2.982M	0.1%	$197.10	—	COM	01741R102
DASH	DOORDASH INC	15,136	$2.793M	0.1%	$184.53	—	CL A	25809K105
STX	SEAGATE TECHNOLOGY HLDNGS PL	2,698	$2.604M	0.1%	$965.00	—	ORD SHS	G7997R103

Increased Positions (56)

KLAC KLA CORP 2.0%

Value $61.01M (+183.6%) Shares 202,211 (+1284.2%) Est. Cost $333.99 Unrealized —

INTC INTEL CORP 1.3%

Value $38.51M (+1238.1%) Shares 275,827 (+322.9%) Est. Cost $115.54 Unrealized —

AVGO BROADCOM INC 5.0%

Value $154M (+23.9%) Shares 406,380 (+1.5%) Est. Cost $148.66 Unrealized —

TSLA TESLA INC 4.5%

Value $137M (+22.7%) Shares 326,294 (+8.4%) Est. Cost $239.20 Unrealized —

NVDA NVIDIA CORPORATION 5.0%

Value $154M (+19.1%) Shares 770,068 (+3.8%) Est. Cost $134.06 Unrealized —

LLY ELI LILLY & CO 2.8%

Value $85.56M (+32.5%) Shares 71,334 (+1.6%) Est. Cost $353.61 Unrealized —

AMZN AMAZON COM INC 2.5%

Value $77.54M (+26.8%) Shares 325,345 (+10.8%) Est. Cost $193.02 Unrealized —

ARM ARM HOLDINGS PLC 0.7%

Value $19.99M (+392.9%) Shares 56,366 (+110.3%) Est. Cost $236.80 Unrealized —

GOOG ALPHABET INC 2.5%

Value $77.76M (+25.0%) Shares 220,070 (+1.5%) Est. Cost $122.77 Unrealized —

DE DEERE & CO 1.4%

Value $42.08M (+57.6%) Shares 66,332 (+40.0%) Est. Cost $510.87 Unrealized —

GOOGL ALPHABET INC 2.4%

Value $73.27M (+25.9%) Shares 205,027 (+1.3%) Est. Cost $192.58 Unrealized —

AAPL APPLE INC 1.3%

Value $40.83M (+56.5%) Shares 141,094 (+37.2%) Est. Cost $235.12 Unrealized —

APH AMPHENOL CORP 1.2%

Value $38.05M (+58.5%) Shares 215,829 (+13.6%) Est. Cost $141.43 Unrealized —

ASML ASML HLDG NV 1.0%

Value $30.25M (+60.6%) Shares 15,206 (+6.6%) Est. Cost $612.80 Unrealized —

NET CLOUDFLARE INC 1.3%

Value $40.59M (+30.0%) Shares 165,469 (+9.4%) Est. Cost $101.59 Unrealized —

RCL ROYAL CARIBBEAN GROUP 2.0%

Value $62.1M (+17.4%) Shares 195,557 (+1.7%) Est. Cost $128.19 Unrealized —

CDNS CADENCE DESIGN SYSTEM INC 0.6%

Value $17.8M (+61.8%) Shares 47,433 (+19.8%) Est. Cost $315.21 Unrealized —

VRTX VERTEX PHARMACEUTICALS INC 1.6%

Value $48.35M (+12.9%) Shares 97,334 (+1.5%) Est. Cost $326.13 Unrealized —

RPRX ROYALTY PHARMA PLC 1.1%

Value $32.51M (+18.8%) Shares 579,801 (+1.6%) Est. Cost $38.60 Unrealized —

WELL WELLTOWER INC 0.3%

Value $10.57M (+84.6%) Shares 46,551 (+60.8%) Est. Cost $201.89 Unrealized —

MTD METTLER TOLEDO INTERNATIONAL 0.6%

Value $19.38M (+32.2%) Shares 15,172 (+30.5%) Est. Cost $1218.98 Unrealized —

ISRG INTUITIVE SURGICAL INC 0.9%

Value $26.51M (-12.3%) Shares 66,665 (+1.7%) Est. Cost $290.55 Unrealized —

APP APPLOVIN CORP 0.2%

Value $5.976M (+158.4%) Shares 11,599 (+99.6%) Est. Cost $511.16 Unrealized —

NFLX NETFLIX INC. 0.8%

Value $26M (-12.1%) Shares 364,114 (+18.4%) Est. Cost $93.72 Unrealized —

BKNG BOOKING HOLDINGS INC 0.5%

Value $15.86M (+27.4%) Shares 88,988 (+2910.4%) Est. Cost $245.90 Unrealized —

TCOM TRIP COM GROUP LTD 0.5%

Value $14.87M (-17.4%) Shares 373,232 (+3.2%) Est. Cost $40.96 Unrealized —

SHOP SHOPIFY INC 1.7%

Value $51.23M (+6.2%) Shares 448,711 (+10.3%) Est. Cost $75.58 Unrealized —

AZN ASTRAZENECA PLC 3.1%

Value $94.85M (+2.7%) Shares 506,085 (+7.2%) Est. Cost $190.19 Unrealized —

ABBV ABBVIE INC 0.4%

Value $11.19M (+27.2%) Shares 44,477 (+10.0%) Est. Cost $196.61 Unrealized —

KO COCA COLA CO 0.4%

Value $12.8M (+21.1%) Shares 157,543 (+13.3%) Est. Cost $68.78 Unrealized —

JPM JPMORGAN CHASE & CO 0.6%

Value $18.52M (+13.2%) Shares 56,587 (+1.7%) Est. Cost $110.01 Unrealized —

BA BOEING CO 0.4%

Value $11.25M (+20.7%) Shares 51,948 (+11.0%) Est. Cost $185.19 Unrealized —

BG BUNGE GLOBAL SA 0.4%

Value $13.7M (-10.8%) Shares 128,343 (+6.3%) Est. Cost $88.26 Unrealized —

SHW SHERWIN WILLIAMS CO 0.6%

Value $18.21M (+8.6%) Shares 52,885 (+1.1%) Est. Cost $267.18 Unrealized —

PFE PFIZER INC 0.3%

Value $10.59M (-11.8%) Shares 439,717 (+2.8%) Est. Cost $29.43 Unrealized —

META META PLATFORMS INC 5.2%

Value $160M (+0.6%) Shares 284,713 (+2.2%) Est. Cost $264.33 Unrealized —

AKAM AKAMAI TECHNOLOGIES INC 0.1%

Value $4.088M (+25.1%) Shares 34,581 (+21.5%) Est. Cost $99.69 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 0.3%

Value $9.238M (-7.3%) Shares 82,179 (+8.1%) Est. Cost $137.78 Unrealized —

NKE NIKE INC 0.2%

Value $6.419M (-9.5%) Shares 156,381 (+16.5%) Est. Cost $71.65 Unrealized —

SRE SEMPRA 0.2%

Value $7.267M (+10.0%) Shares 78,382 (+15.3%) Est. Cost $73.45 Unrealized —

COST COSTCO WHOLESALE CORPORATION 1.3%

Value $39.15M (-1.7%) Shares 41,851 (+4.8%) Est. Cost $444.44 Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 0.2%

Value $6.441M (-9.2%) Shares 52,317 (+16.0%) Est. Cost $155.04 Unrealized —

CVE CENOVUS ENERGY INC 0.5%

Value $16.53M (-3.6%) Shares 666,358 (+3.1%) Est. Cost $17.81 Unrealized —

ITT ITT INC 0.3%

Value $9.911M (+6.6%) Shares 50,116 (+2.7%) Est. Cost $130.80 Unrealized —

CNQ CANADIAN NAT RES LTD MED TER 0.3%

Value $8.578M (+6.9%) Shares 216,770 (+31.7%) Est. Cost $34.95 Unrealized —

EFX EQUIFAX INC 0.1%

Value $3.885M (-10.5%) Shares 24,474 (+1.6%) Est. Cost $177.05 Unrealized —

WMT WALMART INC 0.3%

Value $9.069M (-4.5%) Shares 80,075 (+4.8%) Est. Cost $111.03 Unrealized —

CTVA CORTEVA INC 0.4%

Value $12.27M (+3.5%) Shares 144,903 (+2.3%) Est. Cost $60.88 Unrealized —

SPGI S&P GLOBAL INC 0.4%

Value $12.17M (-3.2%) Shares 29,877 (+1.1%) Est. Cost $427.67 Unrealized —

KKR KKR & CO INC 0.3%

Value $10.54M (+3.3%) Shares 114,845 (+4.1%) Est. Cost $120.03 Unrealized —

RBLX ROBLOX CORP 0.4%

Value $11.75M (-2.6%) Shares 216,002 (+1.4%) Est. Cost $67.55 Unrealized —

MSTR STRATEGY INC 0.0%

Value $623K (-28.3%) Shares 7,170 (+2.9%) Est. Cost $266.12 Unrealized —

WYNN WYNN RESORTS LTD 0.0%

Value $1.22M (+11.0%) Shares 12,565 (+16.1%) Est. Cost $88.54 Unrealized —

NOW SERVICENOW INC 0.2%

Value $5.636M (-1.9%) Shares 56,767 (+3.3%) Est. Cost $152.58 Unrealized —

BMY BRISTOL-MYERS SQUIBB CO 0.1%

Value $3.306M (-0.7%) Shares 57,368 (+4.5%) Est. Cost $44.40 Unrealized —

STZ CONSTELLATION BRANDS INC 0.0%

Value $1.053M (-1.7%) Shares 7,569 (+6.1%) Est. Cost $138.13 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
KLAC	KLA CORP	202,211 (+1284.2%)	$61.01M (+183.6%)	2.0%	$333.99	—	COM NEW	482480100
INTC	INTEL CORP	275,827 (+322.9%)	$38.51M (+1238.1%)	1.3%	$115.54	—	COM	458140100
AVGO	BROADCOM INC	406,380 (+1.5%)	$154M (+23.9%)	5.0%	$148.66	—	COM	11135F101
TSLA	TESLA INC	326,294 (+8.4%)	$137M (+22.7%)	4.5%	$239.20	—	COM	88160R101
NVDA	NVIDIA CORPORATION	770,068 (+3.8%)	$154M (+19.1%)	5.0%	$134.06	—	COM	67066G104
LLY	ELI LILLY & CO	71,334 (+1.6%)	$85.56M (+32.5%)	2.8%	$353.61	—	COM	532457108
AMZN	AMAZON COM INC	325,345 (+10.8%)	$77.54M (+26.8%)	2.5%	$193.02	—	COM	023135106
ARM	ARM HOLDINGS PLC	56,366 (+110.3%)	$19.99M (+392.9%)	0.7%	$236.80	—	SPONSORED ADS	042068205
GOOG	ALPHABET INC	220,070 (+1.5%)	$77.76M (+25.0%)	2.5%	$122.77	—	CAP STK CL C	02079K107
DE	DEERE & CO	66,332 (+40.0%)	$42.08M (+57.6%)	1.4%	$510.87	—	COM	244199105
GOOGL	ALPHABET INC	205,027 (+1.3%)	$73.27M (+25.9%)	2.4%	$192.58	—	CAP STK CL A	02079K305
AAPL	APPLE INC	141,094 (+37.2%)	$40.83M (+56.5%)	1.3%	$235.12	—	COM	037833100
APH	AMPHENOL CORP	215,829 (+13.6%)	$38.05M (+58.5%)	1.2%	$141.43	—	CL A	032095101
ASML	ASML HLDG NV	15,206 (+6.6%)	$30.25M (+60.6%)	1.0%	$612.80	—	N Y REGISTRY SHS	N07059210
NET	CLOUDFLARE INC	165,469 (+9.4%)	$40.59M (+30.0%)	1.3%	$101.59	—	CL A COM	18915M107
RCL	ROYAL CARIBBEAN GROUP	195,557 (+1.7%)	$62.1M (+17.4%)	2.0%	$128.19	—	COM	V7780T103
CDNS	CADENCE DESIGN SYSTEM INC	47,433 (+19.8%)	$17.8M (+61.8%)	0.6%	$315.21	—	COM	127387108
VRTX	VERTEX PHARMACEUTICALS INC	97,334 (+1.5%)	$48.35M (+12.9%)	1.6%	$326.13	—	COM	92532F100
RPRX	ROYALTY PHARMA PLC	579,801 (+1.6%)	$32.51M (+18.8%)	1.1%	$38.60	—	SHS CLASS A	G7709Q104
WELL	WELLTOWER INC	46,551 (+60.8%)	$10.57M (+84.6%)	0.3%	$201.89	—	COM	95040Q104
MTD	METTLER TOLEDO INTERNATIONAL	15,172 (+30.5%)	$19.38M (+32.2%)	0.6%	$1218.98	—	COM	592688105
ISRG	INTUITIVE SURGICAL INC	66,665 (+1.7%)	$26.51M (-12.3%)	0.9%	$290.55	—	COM NEW	46120E602
APP	APPLOVIN CORP	11,599 (+99.6%)	$5.976M (+158.4%)	0.2%	$511.16	—	COM CL A	03831W108
NFLX	NETFLIX INC.	364,114 (+18.4%)	$26M (-12.1%)	0.8%	$93.72	—	COM	64110L106
BKNG	BOOKING HOLDINGS INC	88,988 (+2910.4%)	$15.86M (+27.4%)	0.5%	$245.90	—	COM	09857L108
TCOM	TRIP COM GROUP LTD	373,232 (+3.2%)	$14.87M (-17.4%)	0.5%	$40.96	—	ADS	89677Q107
SHOP	SHOPIFY INC	448,711 (+10.3%)	$51.23M (+6.2%)	1.7%	$75.58	—	CL A SUB VTG SHS	82509L107
AZN	ASTRAZENECA PLC	506,085 (+7.2%)	$94.85M (+2.7%)	3.1%	$190.19	—	ORD	G0593M107
ABBV	ABBVIE INC	44,477 (+10.0%)	$11.19M (+27.2%)	0.4%	$196.61	—	COM	00287Y109
KO	COCA COLA CO	157,543 (+13.3%)	$12.8M (+21.1%)	0.4%	$68.78	—	COM	191216100
JPM	JPMORGAN CHASE & CO	56,587 (+1.7%)	$18.52M (+13.2%)	0.6%	$110.01	—	COM	46625H100
BA	BOEING CO	51,948 (+11.0%)	$11.25M (+20.7%)	0.4%	$185.19	—	COM	097023105
BG	BUNGE GLOBAL SA	128,343 (+6.3%)	$13.7M (-10.8%)	0.4%	$88.26	—	COM SHS	H11356104
SHW	SHERWIN WILLIAMS CO	52,885 (+1.1%)	$18.21M (+8.6%)	0.6%	$267.18	—	COM	824348106
PFE	PFIZER INC	439,717 (+2.8%)	$10.59M (-11.8%)	0.3%	$29.43	—	COM	717081103
META	META PLATFORMS INC	284,713 (+2.2%)	$160M (+0.6%)	5.2%	$264.33	—	CL A	30303M102
AKAM	AKAMAI TECHNOLOGIES INC	34,581 (+21.5%)	$4.088M (+25.1%)	0.1%	$99.69	—	COM	00971T101
WPM	WHEATON PRECIOUS METALS CORP	82,179 (+8.1%)	$9.238M (-7.3%)	0.3%	$137.78	—	COM	962879102
NKE	NIKE INC	156,381 (+16.5%)	$6.419M (-9.5%)	0.2%	$71.65	—	CL B	654106103
SRE	SEMPRA	78,382 (+15.3%)	$7.267M (+10.0%)	0.2%	$73.45	—	COM	816851109
COST	COSTCO WHOLESALE CORPORATION	41,851 (+4.8%)	$39.15M (-1.7%)	1.3%	$444.44	—	COM	22160K105
ICE	INTERCONTINENTAL EXCHANGE IN	52,317 (+16.0%)	$6.441M (-9.2%)	0.2%	$155.04	—	COM	45866F104
CVE	CENOVUS ENERGY INC	666,358 (+3.1%)	$16.53M (-3.6%)	0.5%	$17.81	—	COM	15135U109
ITT	ITT INC	50,116 (+2.7%)	$9.911M (+6.6%)	0.3%	$130.80	—	COM	45073V108
CNQ	CANADIAN NAT RES LTD MED TER	216,770 (+31.7%)	$8.578M (+6.9%)	0.3%	$34.95	—	COM	136385101
EFX	EQUIFAX INC	24,474 (+1.6%)	$3.885M (-10.5%)	0.1%	$177.05	—	COM	294429105
WMT	WALMART INC	80,075 (+4.8%)	$9.069M (-4.5%)	0.3%	$111.03	—	COM	931142103
CTVA	CORTEVA INC	144,903 (+2.3%)	$12.27M (+3.5%)	0.4%	$60.88	—	COM	22052L104
SPGI	S&P GLOBAL INC	29,877 (+1.1%)	$12.17M (-3.2%)	0.4%	$427.67	—	COM	78409V104
KKR	KKR & CO INC	114,845 (+4.1%)	$10.54M (+3.3%)	0.3%	$120.03	—	COM	48251W104
RBLX	ROBLOX CORP	216,002 (+1.4%)	$11.75M (-2.6%)	0.4%	$67.55	—	CL A	771049103
MSTR	STRATEGY INC	7,170 (+2.9%)	$623K (-28.3%)	0.0%	$266.12	—	CL A NEW	594972408
WYNN	WYNN RESORTS LTD	12,565 (+16.1%)	$1.22M (+11.0%)	0.0%	$88.54	—	COM	983134107
NOW	SERVICENOW INC	56,767 (+3.3%)	$5.636M (-1.9%)	0.2%	$152.58	—	COM	81762P102
BMY	BRISTOL-MYERS SQUIBB CO	57,368 (+4.5%)	$3.306M (-0.7%)	0.1%	$44.40	—	COM	110122108
STZ	CONSTELLATION BRANDS INC	7,569 (+6.1%)	$1.053M (-1.7%)	0.0%	$138.13	—	CL A	21036P108

Exited Positions (10)

HD HOME DEPOT INC 0.4%

Value $11.25M Shares 34,199 Est. Cost $284.77 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.3%

Value $9.39M Shares 11,099 Est. Cost $315.76 Unrealized —

COO COOPER COS INC 0.2%

Value $7.44M Shares 104,052 Est. Cost $81.36 Unrealized —

ECL ECOLAB INC 0.2%

Value $6.069M Shares 22,814 Est. Cost $265.71 Unrealized —

ASND ASCENDIS PHARMA A/S 0.1%

Value $3.75M Shares 16,394 Est. Cost $142.34 Unrealized —

MRSH MARSH & MCLENNAN COS INC 0.1%

Value $3.033M Shares 17,485 Est. Cost $205.87 Unrealized —

SOBO SOUTH BOW CORP 0.1%

Value $2.243M Shares 67,471 Est. Cost $24.14 Unrealized —

TEAM ATLASSIAN CORPORATION 0.0%

Value $1.213M Shares 17,770 Est. Cost $167.43 Unrealized —

ACN ACCENTURE PLC IRELAND 0.0%

Value $1.091M Shares 5,500 Est. Cost $272.56 Unrealized —

IP INTERNATIONAL PAPER CO 0.0%

Value $564K Shares 15,807 Est. Cost $44.00 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HD	HOME DEPOT INC	34,199	$11.25M	0.4%	$284.77	—	—	437076102
GS	GOLDMAN SACHS GROUP INC	11,099	$9.39M	0.3%	$315.76	—	—	38141G104
COO	COOPER COS INC	104,052	$7.44M	0.2%	$81.36	—	—	216648501
ECL	ECOLAB INC	22,814	$6.069M	0.2%	$265.71	—	—	278865100
ASND	ASCENDIS PHARMA A/S	16,394	$3.75M	0.1%	$142.34	—	—	04351P101
MRSH	MARSH & MCLENNAN COS INC	17,485	$3.033M	0.1%	$205.87	—	—	571748102
SOBO	SOUTH BOW CORP	67,471	$2.243M	0.1%	$24.14	—	—	83671M105
TEAM	ATLASSIAN CORPORATION	17,770	$1.213M	0.0%	$167.43	—	—	049468101
ACN	ACCENTURE PLC IRELAND	5,500	$1.091M	0.0%	$272.56	—	—	G1151C101
IP	INTERNATIONAL PAPER CO	15,807	$564K	0.0%	$44.00	—	—	460146103

Decreased Positions (38)

MU MICRON TECHNOLOGY INC 2.8%

Value $85.1M (+229.1%) Shares 73,725 (-3.7%) Est. Cost $106.86 Unrealized —

MSFT MICROSOFT CORP 3.3%

Value $101M (-11.3%) Shares 270,352 (-11.9%) Est. Cost $184.36 Unrealized —

BAC BANK OF AMER CORP 0.7%

Value $21.99M (-33.9%) Shares 385,954 (-43.4%) Est. Cost $40.34 Unrealized —

TTE TOTALENERGIES SE 1.5%

Value $44.96M (-18.5%) Shares 578,299 (-3.3%) Est. Cost $63.85 Unrealized —

GE GE AEROSPACE 1.3%

Value $40.84M (+28.0%) Shares 109,268 (-2.8%) Est. Cost $144.62 Unrealized —

HEI HEICO CORP NEW 0.5%

Value $14.41M (-36.5%) Shares 40,443 (-51.1%) Est. Cost $252.50 Unrealized —

ABT ABBOTT LABORATORIES 0.2%

Value $6.192M (-55.3%) Shares 68,241 (-49.4%) Est. Cost $98.92 Unrealized —

LHX L3HARRIS TECHNOLOGIES INC 0.3%

Value $9.196M (-41.7%) Shares 31,645 (-30.8%) Est. Cost $251.35 Unrealized —

MELI MERCADOLIBRE INC 0.7%

Value $22.5M (-22.5%) Shares 13,254 (-21.0%) Est. Cost $1485.77 Unrealized —

AJG GALLAGHER ARTHUR J & CO 0.4%

Value $11.09M (-36.0%) Shares 48,304 (-39.6%) Est. Cost $232.96 Unrealized —

CAT CATERPILLAR INC 0.2%

Value $5.31M (-53.6%) Shares 4,986 (-69.2%) Est. Cost $684.39 Unrealized —

AEM AGNICO EAGLE MINES LTD 0.4%

Value $11.2M (-33.5%) Shares 72,069 (-13.2%) Est. Cost $133.24 Unrealized —

CB CHUBB LIMITED 0.4%

Value $13.23M (-24.8%) Shares 38,836 (-28.1%) Est. Cost $152.52 Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.2%

Value $5.343M (-44.6%) Shares 125,193 (-18.5%) Est. Cost $82.87 Unrealized —

V VISA INC 1.3%

Value $41.06M (+10.8%) Shares 119,666 (-2.4%) Est. Cost $242.63 Unrealized —

WLK WESTLAKE CORPORATION 0.0%

Value $382K (-91.2%) Shares 5,238 (-86.0%) Est. Cost $89.28 Unrealized —

EPAM EPAM SYS INC 0.1%

Value $2.208M (-64.2%) Shares 27,827 (-38.9%) Est. Cost $208.12 Unrealized —

DB DEUTSCHE BK AG 0.5%

Value $16.82M (-16.1%) Shares 497,002 (-27.5%) Est. Cost $14.21 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value $2.343M (-57.5%) Shares 4,682 (-59.3%) Est. Cost $505.12 Unrealized —

CPRT COPART INC 0.2%

Value $5.784M (-33.4%) Shares 205,190 (-21.6%) Est. Cost $39.06 Unrealized —

AMGN AMGEN INC 0.2%

Value $6.884M (-29.1%) Shares 19,011 (-31.1%) Est. Cost $287.73 Unrealized —

CRM SALESFORCE INC 0.4%

Value $11.03M (-20.1%) Shares 70,413 (-4.8%) Est. Cost $223.47 Unrealized —

CARR CARRIER GLOBAL CORPORATION 0.5%

Value $15.84M (+18.7%) Shares 215,950 (-8.8%) Est. Cost $41.11 Unrealized —

IR INGERSOLL RAND INC 0.2%

Value $6.11M (-27.7%) Shares 74,521 (-29.4%) Est. Cost $79.06 Unrealized —

C CITIGROUP INC 0.8%

Value $25.59M (+10.0%) Shares 182,823 (-10.8%) Est. Cost $61.37 Unrealized —

LYB LYONDELLBASELL INDUSTRIES NV 0.0%

Value $373K (-85.5%) Shares 7,093 (-77.8%) Est. Cost $52.41 Unrealized —

RTX RTX CORPORATION 0.1%

Value $4.135M (-31.4%) Shares 21,792 (-30.2%) Est. Cost $196.61 Unrealized —

MNST MONSTER BEVERAGE CORP NEW 0.4%

Value $10.84M (+20.9%) Shares 112,740 (-8.9%) Est. Cost $50.58 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.7%

Value $21.29M (-5.7%) Shares 42,471 (-7.6%) Est. Cost $423.76 Unrealized —

BP BP PLC 0.0%

Value $419K (-71.9%) Shares 11,347 (-64.3%) Est. Cost $47.00 Unrealized —

SLB SLB LIMITED 0.2%

Value $4.6M (-15.0%) Shares 98,937 (-6.1%) Est. Cost $38.30 Unrealized —

ALGN ALIGN TECHNOLOGY INC 0.3%

Value $9.386M (-7.3%) Shares 55,649 (-5.8%) Est. Cost $162.60 Unrealized —

DAL DELTA AIR LINES INC 0.2%

Value $5.751M (+13.6%) Shares 61,402 (-19.3%) Est. Cost $43.68 Unrealized —

MDLZ MONDELEZ INTL INC 0.3%

Value $10.46M (-6.1%) Shares 180,853 (-6.5%) Est. Cost $56.63 Unrealized —

FTAI FTAI AVIATION LTD 0.7%

Value $22.77M (+2.4%) Shares 84,168 (-7.3%) Est. Cost $158.68 Unrealized —

TDG TRANSDIGM GROUP INC 1.1%

Value $33.06M (+0.8%) Shares 24,822 (-12.3%) Est. Cost $894.38 Unrealized —

MAR MARRIOTT INTL INC NEW 0.3%

Value $10.18M (+1.1%) Shares 27,476 (-10.8%) Est. Cost $251.78 Unrealized —

LIN LINDE PLC 0.9%

Value $26.66M (-0.1%) Shares 51,366 (-4.6%) Est. Cost $363.86 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MU	MICRON TECHNOLOGY INC	73,725 (-3.7%)	$85.1M (+229.1%)	2.8%	$106.86	—	COM	595112103
MSFT	MICROSOFT CORP	270,352 (-11.9%)	$101M (-11.3%)	3.3%	$184.36	—	COM	594918104
BAC	BANK OF AMER CORP	385,954 (-43.4%)	$21.99M (-33.9%)	0.7%	$40.34	—	COM	060505104
TTE	TOTALENERGIES SE	578,299 (-3.3%)	$44.96M (-18.5%)	1.5%	$63.85	—	ACT	F92124100
GE	GE AEROSPACE	109,268 (-2.8%)	$40.84M (+28.0%)	1.3%	$144.62	—	COM NEW	369604301
HEI	HEICO CORP NEW	40,443 (-51.1%)	$14.41M (-36.5%)	0.5%	$252.50	—	COM	422806109
ABT	ABBOTT LABORATORIES	68,241 (-49.4%)	$6.192M (-55.3%)	0.2%	$98.92	—	COM	002824100
LHX	L3HARRIS TECHNOLOGIES INC	31,645 (-30.8%)	$9.196M (-41.7%)	0.3%	$251.35	—	COM	502431109
MELI	MERCADOLIBRE INC	13,254 (-21.0%)	$22.5M (-22.5%)	0.7%	$1485.77	—	COM	58733R102
AJG	GALLAGHER ARTHUR J & CO	48,304 (-39.6%)	$11.09M (-36.0%)	0.4%	$232.96	—	COM	363576109
CAT	CATERPILLAR INC	4,986 (-69.2%)	$5.31M (-53.6%)	0.2%	$684.39	—	COM	149123101
AEM	AGNICO EAGLE MINES LTD	72,069 (-13.2%)	$11.2M (-33.5%)	0.4%	$133.24	—	COM	008474108
CB	CHUBB LIMITED	38,836 (-28.1%)	$13.23M (-24.8%)	0.4%	$152.52	—	COM	H1467J104
BSX	BOSTON SCIENTIFIC CORP	125,193 (-18.5%)	$5.343M (-44.6%)	0.2%	$82.87	—	COM	101137107
V	VISA INC	119,666 (-2.4%)	$41.06M (+10.8%)	1.3%	$242.63	—	COM CL A	92826C839
WLK	WESTLAKE CORPORATION	5,238 (-86.0%)	$382K (-91.2%)	0.0%	$89.28	—	COM	960413102
EPAM	EPAM SYS INC	27,827 (-38.9%)	$2.208M (-64.2%)	0.1%	$208.12	—	COM	29414B104
DB	DEUTSCHE BK AG	497,002 (-27.5%)	$16.82M (-16.1%)	0.5%	$14.21	—	NAMEN AKT	D18190898
BRK/B	BERKSHIRE HATHAWAY INC DEL	4,682 (-59.3%)	$2.343M (-57.5%)	0.1%	$505.12	—	CL B NEW	084670702
CPRT	COPART INC	205,190 (-21.6%)	$5.784M (-33.4%)	0.2%	$39.06	—	COM	217204106
AMGN	AMGEN INC	19,011 (-31.1%)	$6.884M (-29.1%)	0.2%	$287.73	—	COM	031162100
CRM	SALESFORCE INC	70,413 (-4.8%)	$11.03M (-20.1%)	0.4%	$223.47	—	COM	79466L302
CARR	CARRIER GLOBAL CORPORATION	215,950 (-8.8%)	$15.84M (+18.7%)	0.5%	$41.11	—	COM	14448C104
IR	INGERSOLL RAND INC	74,521 (-29.4%)	$6.11M (-27.7%)	0.2%	$79.06	—	COM	45687V106
C	CITIGROUP INC	182,823 (-10.8%)	$25.59M (+10.0%)	0.8%	$61.37	—	COM NEW	172967424
LYB	LYONDELLBASELL INDUSTRIES NV	7,093 (-77.8%)	$373K (-85.5%)	0.0%	$52.41	—	SHS - A -	N53745100
RTX	RTX CORPORATION	21,792 (-30.2%)	$4.135M (-31.4%)	0.1%	$196.61	—	COM	75513E101
MNST	MONSTER BEVERAGE CORP NEW	112,740 (-8.9%)	$10.84M (+20.9%)	0.4%	$50.58	—	COM	61174X109
TMO	THERMO FISHER SCIENTIFIC INC	42,471 (-7.6%)	$21.29M (-5.7%)	0.7%	$423.76	—	COM	883556102
BP	BP PLC	11,347 (-64.3%)	$419K (-71.9%)	0.0%	$47.00	—	SPONSORED ADR	055622104
SLB	SLB LIMITED	98,937 (-6.1%)	$4.6M (-15.0%)	0.2%	$38.30	—	COM STK	806857108
ALGN	ALIGN TECHNOLOGY INC	55,649 (-5.8%)	$9.386M (-7.3%)	0.3%	$162.60	—	COM	016255101
DAL	DELTA AIR LINES INC	61,402 (-19.3%)	$5.751M (+13.6%)	0.2%	$43.68	—	COM NEW	247361702
MDLZ	MONDELEZ INTL INC	180,853 (-6.5%)	$10.46M (-6.1%)	0.3%	$56.63	—	CL A	609207105
FTAI	FTAI AVIATION LTD	84,168 (-7.3%)	$22.77M (+2.4%)	0.7%	$158.68	—	SHS	G3730V105
TDG	TRANSDIGM GROUP INC	24,822 (-12.3%)	$33.06M (+0.8%)	1.1%	$894.38	—	COM	893641100
MAR	MARRIOTT INTL INC NEW	27,476 (-10.8%)	$10.18M (+1.1%)	0.3%	$251.78	—	CL A	571903202
LIN	LINDE PLC	51,366 (-4.6%)	$26.66M (-0.1%)	0.9%	$363.86	—	SHS	G54950103

Unchanged Positions (42)

HPE HEWLETT PACKARD ENTERPRISE C 0.5%

Value $14.24M Shares 315,626 Est. Cost $22.60 Unrealized —

SBUX STARBUCKS CORP 1.1%

Value $32.57M Shares 318,764 Est. Cost $90.29 Unrealized —

GEV GE VERNOVA INC 0.5%

Value $15.37M Shares 13,084 Est. Cost $414.82 Unrealized —

RYAAY RYANAIR HOLDINGS PLC 0.9%

Value $26.18M Shares 404,306 Est. Cost $59.64 Unrealized —

KEYS KEYSIGHT TECHNOLOGIES INC 0.4%

Value $13.14M Shares 37,530 Est. Cost $154.84 Unrealized —

ILMN ILLUMINA INC 0.2%

Value $7.111M Shares 40,442 Est. Cost $130.77 Unrealized —

REGN REGENERON PHARMACEUTICALS 0.3%

Value $8.521M Shares 13,665 Est. Cost $674.30 Unrealized —

ULS UL SOLUTIONS INC 0.4%

Value $11.64M Shares 114,237 Est. Cost $52.34 Unrealized —

MCD MCDONALDS CORP 0.4%

Value $11.02M Shares 40,770 Est. Cost $259.04 Unrealized —

ICLR ICON PUB LTD CO 0.1%

Value $4.284M Shares 24,663 Est. Cost $176.48 Unrealized —

MDB MONGODB INC 0.2%

Value $4.696M Shares 13,981 Est. Cost $363.83 Unrealized —

COP CONOCOPHILLIPS 0.2%

Value $4.705M Shares 45,253 Est. Cost $65.96 Unrealized —

CME CME GROUP INC 0.1%

Value $3.607M Shares 16,336 Est. Cost $151.14 Unrealized —

LOAR LOAR HOLDINGS INC 0.1%

Value $3.873M Shares 48,044 Est. Cost $72.23 Unrealized —

CM CANADIAN IMPERIAL BANK OF CO 0.2%

Value $4.962M Shares 43,094 Est. Cost $64.51 Unrealized —

ALNY ALNYLAM PHARMACEUTICALS INC 0.3%

Value $8.78M Shares 29,166 Est. Cost $178.11 Unrealized —

IBN ICICI BANK LIMITED 0.2%

Value $6.91M Shares 238,032 Est. Cost $14.14 Unrealized —

ONC BEONE MEDICINES LTD 0.7%

Value $21.99M Shares 77,161 Est. Cost $185.02 Unrealized —

MA MASTERCARD INCORPORATED 0.8%

Value $24.62M Shares 47,929 Est. Cost $371.25 Unrealized —

TT TRANE TECHNOLOGIES PLC 0.1%

Value $4.402M Shares 8,963 Est. Cost $413.59 Unrealized —

RACE FERRARI N V 0.2%

Value $6.074M Shares 16,331 Est. Cost $369.61 Unrealized —

PM PHILIP MORRIS INTL INC 0.2%

Value $6.733M Shares 37,218 Est. Cost $96.09 Unrealized —

QSR RESTAURANT BRANDS INTL INC 0.9%

Value $26.95M Shares 371,644 Est. Cost $63.14 Unrealized —

AXP AMERICAN EXPRESS CO 0.1%

Value $3.894M Shares 11,511 Est. Cost $356.89 Unrealized —

CRSP CRISPR THERAPEUTICS AG 0.1%

Value $3.058M Shares 56,066 Est. Cost $73.54 Unrealized —

GRFS GRIFOLS S A 0.1%

Value $2.864M Shares 404,486 Est. Cost $12.94 Unrealized —

AON AON PLC 0.4%

Value $11.61M Shares 35,015 Est. Cost $265.72 Unrealized —

BN BROOKFIELD CORP 0.2%

Value $7.115M Shares 167,059 Est. Cost $29.55 Unrealized —

YUM YUM BRANDS INC 0.4%

Value $13.65M Shares 85,402 Est. Cost $123.28 Unrealized —

CR CRANE COMPANY 0.0%

Value $1.419M Shares 6,361 Est. Cost $198.22 Unrealized —

DBD DIEBOLD NIXDORF INC 0.1%

Value $2.82M Shares 33,171 Est. Cost $32.11 Unrealized —

HLT HILTON WORLDWIDE HLDGS INC 0.1%

Value $3.829M Shares 11,588 Est. Cost $128.41 Unrealized —

GGB GERDAU SA 0.1%

Value $2.133M Shares 527,933 Est. Cost $4.18 Unrealized —

FCX FREEPORT MCMORAN INC 0.1%

Value $3.348M Shares 53,228 Est. Cost $35.47 Unrealized —

XPO XPO INC 0.1%

Value $3.986M Shares 19,418 Est. Cost $123.00 Unrealized —

AMX AMERICA MOVIL SAB DE CV 0.3%

Value $8.021M Shares 308,635 Est. Cost $20.41 Unrealized —

TTEK TETRA TECH INC NEW 0.1%

Value $3.843M Shares 133,039 Est. Cost $35.97 Unrealized —

SPOT SPOTIFY TECHNOLOGY S A 0.1%

Value $2.721M Shares 5,926 Est. Cost $588.03 Unrealized —

ZBH ZIMMER BIOMET HOLDINGS INC 0.1%

Value $2.133M Shares 24,782 Est. Cost $95.79 Unrealized —

BAM BROOKFIELD ASSET MANAGMT LTD 0.2%

Value $5.319M Shares 118,596 Est. Cost $29.11 Unrealized —

CRH CRH PLC 0.1%

Value $3.531M Shares 33,001 Est. Cost $91.42 Unrealized —

DHR DANAHER CORP DEL 0.3%

Value $8.65M Shares 45,411 Est. Cost $178.77 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HPE	HEWLETT PACKARD ENTERPRISE C	315,626	$14.24M	0.5%	$22.60	—	COM	42824C109
SBUX	STARBUCKS CORP	318,764	$32.57M	1.1%	$90.29	—	COM	855244109
GEV	GE VERNOVA INC	13,084	$15.37M	0.5%	$414.82	—	COM	36828A101
RYAAY	RYANAIR HOLDINGS PLC	404,306	$26.18M	0.9%	$59.64	—	SPONSORED ADR	783513203
KEYS	KEYSIGHT TECHNOLOGIES INC	37,530	$13.14M	0.4%	$154.84	—	COM	49338L103
ILMN	ILLUMINA INC	40,442	$7.111M	0.2%	$130.77	—	COM	452327109
REGN	REGENERON PHARMACEUTICALS	13,665	$8.521M	0.3%	$674.30	—	COM	75886F107
ULS	UL SOLUTIONS INC	114,237	$11.64M	0.4%	$52.34	—	CLASS A COM SHS	903731107
MCD	MCDONALDS CORP	40,770	$11.02M	0.4%	$259.04	—	COM	580135101
ICLR	ICON PUB LTD CO	24,663	$4.284M	0.1%	$176.48	—	SHS	G4705A100
MDB	MONGODB INC	13,981	$4.696M	0.2%	$363.83	—	CL A	60937P106
COP	CONOCOPHILLIPS	45,253	$4.705M	0.2%	$65.96	—	COM	20825C104
CME	CME GROUP INC	16,336	$3.607M	0.1%	$151.14	—	COM	12572Q105
LOAR	LOAR HOLDINGS INC	48,044	$3.873M	0.1%	$72.23	—	COM SHS	53947R105
CM	CANADIAN IMPERIAL BANK OF CO	43,094	$4.962M	0.2%	$64.51	—	COM	136069101
ALNY	ALNYLAM PHARMACEUTICALS INC	29,166	$8.78M	0.3%	$178.11	—	COM	02043Q107
IBN	ICICI BANK LIMITED	238,032	$6.91M	0.2%	$14.14	—	ADR	45104G104
ONC	BEONE MEDICINES LTD	77,161	$21.99M	0.7%	$185.02	—	SPONSORED ADS	07725L102
MA	MASTERCARD INCORPORATED	47,929	$24.62M	0.8%	$371.25	—	CL A	57636Q104
TT	TRANE TECHNOLOGIES PLC	8,963	$4.402M	0.1%	$413.59	—	SHS	G8994E103
RACE	FERRARI N V	16,331	$6.074M	0.2%	$369.61	—	COM	N3167Y103
PM	PHILIP MORRIS INTL INC	37,218	$6.733M	0.2%	$96.09	—	COM	718172109
QSR	RESTAURANT BRANDS INTL INC	371,644	$26.95M	0.9%	$63.14	—	COM	76131D103
AXP	AMERICAN EXPRESS CO	11,511	$3.894M	0.1%	$356.89	—	COM	025816109
CRSP	CRISPR THERAPEUTICS AG	56,066	$3.058M	0.1%	$73.54	—	NAMEN AKT	H17182108
GRFS	GRIFOLS S A	404,486	$2.864M	0.1%	$12.94	—	SP ADR REP B NVT	398438408
AON	AON PLC	35,015	$11.61M	0.4%	$265.72	—	SHS CL A	G0403H108
BN	BROOKFIELD CORP	167,059	$7.115M	0.2%	$29.55	—	CL A LTD VT SH	11271J107
YUM	YUM BRANDS INC	85,402	$13.65M	0.4%	$123.28	—	COM	988498101
CR	CRANE COMPANY	6,361	$1.419M	0.0%	$198.22	—	COMMON STOCK	224408104
DBD	DIEBOLD NIXDORF INC	33,171	$2.82M	0.1%	$32.11	—	COM SHS	253651202
HLT	HILTON WORLDWIDE HLDGS INC	11,588	$3.829M	0.1%	$128.41	—	COM	43300A203
GGB	GERDAU SA	527,933	$2.133M	0.1%	$4.18	—	SPON ADR REP PFD	373737105
FCX	FREEPORT MCMORAN INC	53,228	$3.348M	0.1%	$35.47	—	CL B	35671D857
XPO	XPO INC	19,418	$3.986M	0.1%	$123.00	—	COM	983793100
AMX	AMERICA MOVIL SAB DE CV	308,635	$8.021M	0.3%	$20.41	—	SPON ADS RP CL B	02390A101
TTEK	TETRA TECH INC NEW	133,039	$3.843M	0.1%	$35.97	—	COM	88162G103
SPOT	SPOTIFY TECHNOLOGY S A	5,926	$2.721M	0.1%	$588.03	—	SHS	L8681T102
ZBH	ZIMMER BIOMET HOLDINGS INC	24,782	$2.133M	0.1%	$95.79	—	COM	98956P102
BAM	BROOKFIELD ASSET MANAGMT LTD	118,596	$5.319M	0.2%	$29.11	—	CL A LMT VTG SHS	113004105
CRH	CRH PLC	33,001	$3.531M	0.1%	$91.42	—	ORD	G25508105
DHR	DANAHER CORP DEL	45,411	$8.65M	0.3%	$178.77	—	COM	235851102