Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	3,593,057	$912M	2.6%	$262.82	0.0%	COM	037833100
FDX	FEDEX CORP	1,932,165	$688M	1.9%	$338.93	0.0%	COM	31428X106
META	META PLATFORMS INC	1,062,575	$608M	1.7%	$655.57	0.0%	CL A	30303M102
ATI	ATI INC	3,332,843	$485M	1.4%	$131.64	0.0%	COM	01741R102
WAT	WATERS CORP	1,256,462	$374M	1.0%	$367.10	0.0%	COM	941848103
HAS	HASBRO INC	3,738,902	$350M	1.0%	$92.67	0.0%	COM	418056107
RDDT	REDDIT INC	2,551,617	$344M	1.0%	$189.65	0.0%	CL A	75734B100
AIG	AMERICAN INTL GROUP INC	4,221,223	$318M	0.9%	$76.34	0.0%	COM NEW	026874784
CBOE	CBOE GLOBAL MKTS INC	688,417	$193M	0.5%	$272.00	0.0%	COM	12503M108
HD	HOME DEPOT INC	504,257	$166M	0.5%	$376.98	0.0%	COM	437076102
LULU	LULULEMON ATHLETICA INC	980,568	$150M	0.4%	$188.79	0.0%	COM	550021109
CRWV	COREWEAVE INC	1,397,438	$108M	0.3%	$91.48	0.0%	COM CL A	21873S108
MANE	VERADERMICS INC	1,690,555	$107M	0.3%	$63.15	—	COMMON STOCK	922967104
IBKR	INTERACTIVE BROKERS GROUP IN	1,394,329	$93.52M	0.3%	$73.62	0.0%	COM CL A	45841N107
EW	EDWARDS LIFESCIENCES CORP	1,097,578	$87.89M	0.2%	$81.94	0.0%	COM	28176E108
GLTO	DAMORA THERAPEUTICS INC	2,311,082	$59.86M	0.2%	$25.80	0.0%	COM NEW	36322Q206
TWLO	TWILIO INC	450,770	$56.72M	0.2%	$121.87	0.0%	CL A	90138F102
EQPT	EQUIPMENTSHARE COM INC	1,000,000	$20.37M	0.1%	$20.37	—	COM CL A	29445S100
FPS	FORGENT POWER SOLUTIONS INC	650,000	$19.03M	0.1%	$29.27	—	COM SHS CL A	34631F102
RLYB	RALLYBIO CORP	524,347	$4.703M	0.0%	$5.22	0.0%	COM	75120L209

Increased Positions (23)

V VISA INC 5.4%

Value $1.913B (+36.9%) Shares 6,328,185 (+58.8%) Est. Cost $318.58 Unrealized +3.3%

LII LENNOX INTL INC 2.0%

Value $730M (+141.9%) Shares 1,572,419 (+153.1%) Est. Cost $516.02 Unrealized +2.1%

CVNA CARVANA CO 2.4%

Value $874M (+95.1%) Shares 2,780,035 (+161.9%) Est. Cost $360.01 Unrealized +13.5%

TMO THERMO FISHER SCIENTIFIC INC 2.3%

Value $820M (+78.4%) Shares 1,668,025 (+110.3%) Est. Cost $570.11 Unrealized +0.8%

CSX CSX CORP 2.1%

Value $767M (+53.1%) Shares 18,678,052 (+35.2%) Est. Cost $33.82 Unrealized +13.9%

MDLN MEDLINE INC 1.4%

Value $509M (+74.1%) Shares 11,433,992 (+64.3%) Est. Cost $43.25 Unrealized +3.7%

JPM JPMORGAN CHASE & CO 2.2%

Value $795M (+29.5%) Shares 2,704,018 (+41.9%) Est. Cost $263.30 Unrealized +18.3%

FTV FORTIVE CORP 3.5%

Value $1.243B (+17.1%) Shares 22,479,388 (+16.9%) Est. Cost $51.76 Unrealized +8.5%

TSLA TESLA INC 2.6%

Value $927M (+21.3%) Shares 2,493,561 (+46.7%) Est. Cost $359.90 Unrealized +18.4%

GM GENERAL MTRS CO 1.9%

Value $684M (+23.5%) Shares 9,176,943 (+34.8%) Est. Cost $57.30 Unrealized +43.5%

TIC TIC SOLUTIONS INC 0.7%

Value $236M (-32.1%) Shares 35,824,562 (+4.3%) Est. Cost $11.99 Unrealized -14.5%

CB CHUBB LTD SWITZ 1.2%

Value $422M (+33.4%) Shares 1,295,011 (+27.7%) Est. Cost $297.57 Unrealized +6.3%

SE SEA LTD 1.1%

Value $392M (-16.2%) Shares 4,737,196 (+29.0%) Est. Cost $119.37 Unrealized —

AON AON PLC 1.0%

Value $351M (+26.9%) Shares 1,087,114 (+38.7%) Est. Cost $354.39 Unrealized -5.2%

AS AMER SPORTS INC 0.7%

Value $239M (+33.1%) Shares 7,270,476 (+51.0%) Est. Cost $34.77 Unrealized +9.9%

MAA MID-AMER APT CMNTYS INC 1.6%

Value $586M (+8.7%) Shares 4,798,404 (+23.7%) Est. Cost $139.49 Unrealized -0.3%

ROIV ROIVANT SCIENCES LTD 0.5%

Value $184M (+31.8%) Shares 6,652,448 (+3.2%) Est. Cost $8.82 Unrealized +174.1%

HCA HCA HEALTHCARE INC 1.4%

Value $509M (+9.1%) Shares 1,075,133 (+7.6%) Est. Cost $331.88 Unrealized +50.1%

BMRN BIOMARIN PHARMACEUTICAL INC 1.1%

Value $399M (+11.2%) Shares 7,062,077 (+17.0%) Est. Cost $78.35 Unrealized -25.1%

WST WEST PHARMACEUTICAL SVSC INC 0.3%

Value $105M (+28.7%) Shares 416,948 (+41.3%) Est. Cost $267.15 Unrealized -5.7%

PGR PROGRESSIVE CORP 0.9%

Value $320M (+5.7%) Shares 1,616,559 (+21.4%) Est. Cost $211.34 Unrealized -2.2%

DIS DISNEY WALT CO 3.6%

Value $1.282B (+0.6%) Shares 13,298,462 (+18.8%) Est. Cost $109.14 Unrealized +0.3%

SCHW SCHWAB CHARLES CORP 3.9%

Value $1.378B (-0.6%) Shares 14,664,954 (+5.7%) Est. Cost $75.69 Unrealized +32.3%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
V	VISA INC	6,328,185 (+58.8%)	$1.913B (+36.9%)	5.4%	$318.58	+3.3%	COM CL A	92826C839
LII	LENNOX INTL INC	1,572,419 (+153.1%)	$730M (+141.9%)	2.0%	$516.02	+2.1%	COM	526107107
CVNA	CARVANA CO	2,780,035 (+161.9%)	$874M (+95.1%)	2.4%	$360.01	+13.5%	CL A	146869102
TMO	THERMO FISHER SCIENTIFIC INC	1,668,025 (+110.3%)	$820M (+78.4%)	2.3%	$570.11	+0.8%	COM	883556102
CSX	CSX CORP	18,678,052 (+35.2%)	$767M (+53.1%)	2.1%	$33.82	+13.9%	COM	126408103
MDLN	MEDLINE INC	11,433,992 (+64.3%)	$509M (+74.1%)	1.4%	$43.25	+3.7%	COM CL A	58507V107
JPM	JPMORGAN CHASE & CO	2,704,018 (+41.9%)	$795M (+29.5%)	2.2%	$263.30	+18.3%	COM	46625H100
FTV	FORTIVE CORP	22,479,388 (+16.9%)	$1.243B (+17.1%)	3.5%	$51.76	+8.5%	COM	34959J108
TSLA	TESLA INC	2,493,561 (+46.7%)	$927M (+21.3%)	2.6%	$359.90	+18.4%	COM	88160R101
GM	GENERAL MTRS CO	9,176,943 (+34.8%)	$684M (+23.5%)	1.9%	$57.30	+43.5%	COM	37045V100
TIC	TIC SOLUTIONS INC	35,824,562 (+4.3%)	$236M (-32.1%)	0.7%	$11.99	-14.5%	COM	00510N102
CB	CHUBB LTD SWITZ	1,295,011 (+27.7%)	$422M (+33.4%)	1.2%	$297.57	+6.3%	COM	H1467J104
SE	SEA LTD	4,737,196 (+29.0%)	$392M (-16.2%)	1.1%	$119.37	—	SPONSORD ADS	81141R100
AON	AON PLC	1,087,114 (+38.7%)	$351M (+26.9%)	1.0%	$354.39	-5.2%	SHS CL A	G0403H108
AS	AMER SPORTS INC	7,270,476 (+51.0%)	$239M (+33.1%)	0.7%	$34.77	+9.9%	COM SHS	G0260P102
MAA	MID-AMER APT CMNTYS INC	4,798,404 (+23.7%)	$586M (+8.7%)	1.6%	$139.49	-0.3%	COM	59522J103
ROIV	ROIVANT SCIENCES LTD	6,652,448 (+3.2%)	$184M (+31.8%)	0.5%	$8.82	+174.1%	SHS	G76279101
HCA	HCA HEALTHCARE INC	1,075,133 (+7.6%)	$509M (+9.1%)	1.4%	$331.88	+50.1%	COM	40412C101
BMRN	BIOMARIN PHARMACEUTICAL INC	7,062,077 (+17.0%)	$399M (+11.2%)	1.1%	$78.35	-25.1%	COM	09061G101
WST	WEST PHARMACEUTICAL SVSC INC	416,948 (+41.3%)	$105M (+28.7%)	0.3%	$267.15	-5.7%	COM	955306105
PGR	PROGRESSIVE CORP	1,616,559 (+21.4%)	$320M (+5.7%)	0.9%	$211.34	-2.2%	COM	743315103
DIS	DISNEY WALT CO	13,298,462 (+18.8%)	$1.282B (+0.6%)	3.6%	$109.14	+0.3%	COM	254687106
SCHW	SCHWAB CHARLES CORP	14,664,954 (+5.7%)	$1.378B (-0.6%)	3.9%	$75.69	+32.3%	COM	808513105

Exited Positions (19)

AMD ADVANCED MICRO DEVICES INC 2.2%

Value $801M Shares 3,742,191 Est. Cost $137.38 Unrealized +61.4%

DKNG DRAFTKINGS INC NEW 1.8%

Value $659M Shares 19,119,912 Est. Cost $41.88 Unrealized -30.9%

ROST ROSS STORES INC 1.6%

Value $571M Shares 3,167,479 Est. Cost $150.12 Unrealized +28.2%

CHWY CHEWY INC 1.3%

Value $447M Shares 13,536,645 Est. Cost $36.28 Unrealized -19.3%

UBS UBS GROUP AG 1.2%

Value $426M Shares 9,128,817 Est. Cost $37.28 Unrealized +22.2%

UNH UNITEDHEALTH GROUP INC 1.1%

Value $395M Shares 1,197,273 Est. Cost $337.21 Unrealized -8.5%

SAIA SAIA INC 1.0%

Value $355M Shares 1,088,582 Est. Cost $291.66 Unrealized +27.6%

TW TRADEWEB MKTS INC 0.8%

Value $298M Shares 2,768,659 Est. Cost $107.35 Unrealized +1.8%

BAC BANK AMERICA CORP 0.7%

Value $247M Shares 4,494,629 Est. Cost $40.50 Unrealized +32.5%

BSX BOSTON SCIENTIFIC CORP 0.7%

Value $239M Shares 2,509,808 Est. Cost $88.85 Unrealized -3.4%

DLR DIGITAL RLTY TR INC 0.7%

Value $233M Shares 1,507,988 Est. Cost $163.13 Unrealized -5.0%

LOW LOWES COS INC 0.6%

Value $220M Shares 912,040 Est. Cost $239.83 Unrealized +13.2%

FIG FIGMA INC 0.6%

Value $215M Shares 5,752,388 Est. Cost $45.19 Unrealized -37.1%

ITUB ITAU UNIBANCO HLDG S A 0.6%

Value $203M Shares 28,396,545 Est. Cost $7.16 Unrealized —

RIOT RIOT PLATFORMS INC 0.4%

Value $157M Shares 12,428,894 Est. Cost $17.11 Unrealized -7.2%

IQV IQVIA HLDGS INC 0.4%

Value $140M Shares 619,236 Est. Cost $217.58 Unrealized -3.4%

CSGP COSTAR GROUP INC 0.3%

Value $97M Shares 1,442,582 Est. Cost $77.90 Unrealized -26.9%

MASI MASIMO CORP 0.2%

Value $66.9M Shares 514,340 Est. Cost $157.34 Unrealized -7.8%

— RALLYBIO CORP 0.0%

Value $2.878M Shares 4,194,777 Est. Cost $17.58 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMD	ADVANCED MICRO DEVICES INC	3,742,191	$801M	2.2%	$137.38	+61.4%	—	007903107
DKNG	DRAFTKINGS INC NEW	19,119,912	$659M	1.8%	$41.88	-30.9%	—	26142V105
ROST	ROSS STORES INC	3,167,479	$571M	1.6%	$150.12	+28.2%	—	778296103
CHWY	CHEWY INC	13,536,645	$447M	1.3%	$36.28	-19.3%	—	16679L109
UBS	UBS GROUP AG	9,128,817	$426M	1.2%	$37.28	+22.2%	—	H42097107
UNH	UNITEDHEALTH GROUP INC	1,197,273	$395M	1.1%	$337.21	-8.5%	—	91324P102
SAIA	SAIA INC	1,088,582	$355M	1.0%	$291.66	+27.6%	—	78709Y105
TW	TRADEWEB MKTS INC	2,768,659	$298M	0.8%	$107.35	+1.8%	—	892672106
BAC	BANK AMERICA CORP	4,494,629	$247M	0.7%	$40.50	+32.5%	—	060505104
BSX	BOSTON SCIENTIFIC CORP	2,509,808	$239M	0.7%	$88.85	-3.4%	—	101137107
DLR	DIGITAL RLTY TR INC	1,507,988	$233M	0.7%	$163.13	-5.0%	—	253868103
LOW	LOWES COS INC	912,040	$220M	0.6%	$239.83	+13.2%	—	548661107
FIG	FIGMA INC	5,752,388	$215M	0.6%	$45.19	-37.1%	—	316841105
ITUB	ITAU UNIBANCO HLDG S A	28,396,545	$203M	0.6%	$7.16	—	—	465562106
RIOT	RIOT PLATFORMS INC	12,428,894	$157M	0.4%	$17.11	-7.2%	—	767292105
IQV	IQVIA HLDGS INC	619,236	$140M	0.4%	$217.58	-3.4%	—	46266C105
CSGP	COSTAR GROUP INC	1,442,582	$97M	0.3%	$77.90	-26.9%	—	22160N109
MASI	MASIMO CORP	514,340	$66.9M	0.2%	$157.34	-7.8%	—	574795100
—	RALLYBIO CORP	4,194,777	$2.878M	0.0%	$17.58	—	—	75120L100

Decreased Positions (22)

PNC PNC FINL SVCS GROUP INC 1.8%

Value $630M (-58.6%) Shares 3,027,092 (-58.5%) Est. Cost $186.86 Unrealized +20.4%

MSFT MICROSOFT CORP 2.4%

Value $855M (-45.1%) Shares 2,309,446 (-28.2%) Est. Cost $506.72 Unrealized -14.2%

AMZN AMAZON COM INC 0.7%

Value $249M (-65.5%) Shares 1,195,428 (-61.8%) Est. Cost $228.79 Unrealized -0.9%

COF CAPITAL ONE FINL CORP 0.8%

Value $294M (-58.9%) Shares 1,612,374 (-45.4%) Est. Cost $193.74 Unrealized +15.2%

STLA STELLANTIS N.V 0.3%

Value $112M (-74.2%) Shares 15,980,268 (-59.1%) Est. Cost $11.12 Unrealized —

DKS DICKS SPORTING GOODS INC 0.7%

Value $251M (-50.8%) Shares 1,264,170 (-50.9%) Est. Cost $217.13 Unrealized -4.2%

BA BOEING CO 1.8%

Value $636M (-25.9%) Shares 3,196,041 (-19.2%) Est. Cost $172.51 Unrealized +38.3%

BBIO BRIDGEBIO PHARMA INC 2.5%

Value $879M (-20.1%) Shares 11,842,434 (-17.7%) Est. Cost $27.26 Unrealized +173.2%

APG API GROUP CORP 0.7%

Value $237M (-46.4%) Shares 5,837,000 (-49.4%) Est. Cost $9.28 Unrealized +361.6%

GOOGL ALPHABET INC 1.9%

Value $689M (-17.4%) Shares 2,395,865 (-10.1%) Est. Cost $285.60 Unrealized +13.2%

TMUS T-MOBILE US INC 1.7%

Value $623M (-18.2%) Shares 2,967,374 (-21.0%) Est. Cost $223.41 Unrealized -10.4%

RRX REGAL REXNORD CORPORATION 1.6%

Value $589M (+30.1%) Shares 3,142,851 (-2.5%) Est. Cost $138.11 Unrealized +31.1%

JCI JOHNSON CONTROLS INTERNATION 1.6%

Value $579M (-18.3%) Shares 4,419,923 (-25.3%) Est. Cost $103.63 Unrealized +21.6%

AJG GALLAGHER ARTHUR J & CO 0.4%

Value $158M (-41.5%) Shares 727,441 (-30.1%) Est. Cost $264.22 Unrealized -9.0%

CCL CARNIVAL CORP 1.0%

Value $355M (-17.3%) Shares 13,721,348 (-2.4%) Est. Cost $27.88 Unrealized +11.3%

RAL RALLIANT CORP 0.2%

Value $88.79M (-44.9%) Shares 2,134,899 (-32.5%) Est. Cost $49.24 Unrealized -0.1%

CPT CAMDEN PPTY TR 1.3%

Value $461M (-12.2%) Shares 4,715,394 (-1.0%) Est. Cost $100.74 Unrealized +9.4%

CLS CELESTICA INC 1.3%

Value $466M (-7.2%) Shares 1,654,989 (-2.6%) Est. Cost $201.61 Unrealized +49.3%

SHW SHERWIN WILLIAMS CO 2.8%

Value $998M (-2.9%) Shares 3,112,767 (-1.9%) Est. Cost $343.61 Unrealized +3.4%

ORIC ORIC PHARMACEUTICALS INC 0.2%

Value $73.8M (+37.3%) Shares 5,824,533 (-11.4%) Est. Cost $10.68 Unrealized +0.8%

TSM TAIWAN SEMICONDUCTOR MANUFAC 4.2%

Value $1.509B (+1.0%) Shares 4,465,127 (-9.2%) Est. Cost $214.37 Unrealized —

APD AIR PRODUCTS AND CHEMICALS I 3.3%

Value $1.192B (+0.9%) Shares 4,104,095 (-14.2%) Est. Cost $269.78 Unrealized +0.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PNC	PNC FINL SVCS GROUP INC	3,027,092 (-58.5%)	$630M (-58.6%)	1.8%	$186.86	+20.4%	COM	693475105
MSFT	MICROSOFT CORP	2,309,446 (-28.2%)	$855M (-45.1%)	2.4%	$506.72	-14.2%	COM	594918104
AMZN	AMAZON COM INC	1,195,428 (-61.8%)	$249M (-65.5%)	0.7%	$228.79	-0.9%	COM	023135106
COF	CAPITAL ONE FINL CORP	1,612,374 (-45.4%)	$294M (-58.9%)	0.8%	$193.74	+15.2%	COM	14040H105
STLA	STELLANTIS N.V	15,980,268 (-59.1%)	$112M (-74.2%)	0.3%	$11.12	—	SHS	N82405106
DKS	DICKS SPORTING GOODS INC	1,264,170 (-50.9%)	$251M (-50.8%)	0.7%	$217.13	-4.2%	COM	253393102
BA	BOEING CO	3,196,041 (-19.2%)	$636M (-25.9%)	1.8%	$172.51	+38.3%	COM	097023105
BBIO	BRIDGEBIO PHARMA INC	11,842,434 (-17.7%)	$879M (-20.1%)	2.5%	$27.26	+173.2%	COM	10806X102
APG	API GROUP CORP	5,837,000 (-49.4%)	$237M (-46.4%)	0.7%	$9.28	+361.6%	COM STK	00187Y100
GOOGL	ALPHABET INC	2,395,865 (-10.1%)	$689M (-17.4%)	1.9%	$285.60	+13.2%	CAP STK CL A	02079K305
TMUS	T-MOBILE US INC	2,967,374 (-21.0%)	$623M (-18.2%)	1.7%	$223.41	-10.4%	COM	872590104
RRX	REGAL REXNORD CORPORATION	3,142,851 (-2.5%)	$589M (+30.1%)	1.6%	$138.11	+31.1%	COM	758750103
JCI	JOHNSON CONTROLS INTERNATION	4,419,923 (-25.3%)	$579M (-18.3%)	1.6%	$103.63	+21.6%	SHS	G51502105
AJG	GALLAGHER ARTHUR J & CO	727,441 (-30.1%)	$158M (-41.5%)	0.4%	$264.22	-9.0%	COM	363576109
CCL	CARNIVAL CORP	13,721,348 (-2.4%)	$355M (-17.3%)	1.0%	$27.88	+11.3%	COMMON STOCK	143658300
RAL	RALLIANT CORP	2,134,899 (-32.5%)	$88.79M (-44.9%)	0.2%	$49.24	-0.1%	COM	750940108
CPT	CAMDEN PPTY TR	4,715,394 (-1.0%)	$461M (-12.2%)	1.3%	$100.74	+9.4%	SH BEN INT	133131102
CLS	CELESTICA INC	1,654,989 (-2.6%)	$466M (-7.2%)	1.3%	$201.61	+49.3%	COM	15101Q207
SHW	SHERWIN WILLIAMS CO	3,112,767 (-1.9%)	$998M (-2.9%)	2.8%	$343.61	+3.4%	COM	824348106
ORIC	ORIC PHARMACEUTICALS INC	5,824,533 (-11.4%)	$73.8M (+37.3%)	0.2%	$10.68	+0.8%	COM	68622P109
TSM	TAIWAN SEMICONDUCTOR MANUFAC	4,465,127 (-9.2%)	$1.509B (+1.0%)	4.2%	$214.37	—	SPONSORED ADS	874039100
APD	AIR PRODUCTS AND CHEMICALS I	4,104,095 (-14.2%)	$1.192B (+0.9%)	3.3%	$269.78	+0.6%	COM	009158106

Unchanged Positions (12)

ADPT ADAPTIVE BIOTECHNOLOGIES COR 1.2%

Value $416M Shares 29,993,708 Est. Cost $44.30 Unrealized -61.6%

ORKA ORUKA THERAPEUTICS INC 0.4%

Value $131M Shares 2,666,690 Est. Cost $14.82 Unrealized +118.9%

LAB STANDARD BIOTOOLS INC 0.2%

Value $53.92M Shares 58,651,170 Est. Cost $2.41 Unrealized -44.1%

MCD MCDONALDS CORP 3.2%

Value $1.127B Shares 3,625,029 Est. Cost $300.11 Unrealized +5.7%

ICE INTERCONTINENTAL EXCHANGE IN 2.1%

Value $761M Shares 4,836,896 Est. Cost $156.20 Unrealized +5.6%

INBX INHIBRX BIOSCIENCES INC 0.3%

Value $96.66M Shares 1,437,705 Est. Cost $15.62 Unrealized +397.6%

PEPG PEPGEN INC 0.0%

Value $6.164M Shares 3,482,434 Est. Cost $5.67 Unrealized +2.8%

NAMS NEWAMSTERDAM PHARMA COMPANY 0.4%

Value $135M Shares 4,203,567 Est. Cost $11.25 Unrealized +200.0%

DNA GINKGO BIOWORKS HOLDINGS INC 0.1%

Value $21.93M Shares 3,577,128 Est. Cost $10.02 Unrealized -6.9%

SION SIONNA THERAPEUTICS INC 0.4%

Value $128M Shares 3,195,181 Est. Cost $16.09 Unrealized +143.9%

TRVI TREVI THERAPEUTICS INC 0.1%

Value $38.16M Shares 3,198,644 Est. Cost $6.23 Unrealized +75.7%

PHVS PHARVARIS N V 0.3%

Value $103M Shares 3,653,310 Est. Cost $24.52 Unrealized +9.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ADPT	ADAPTIVE BIOTECHNOLOGIES COR	29,993,708	$416M	1.2%	$44.30	-61.6%	COM	00650F109
ORKA	ORUKA THERAPEUTICS INC	2,666,690	$131M	0.4%	$14.82	+118.9%	COM	687604108
LAB	STANDARD BIOTOOLS INC	58,651,170	$53.92M	0.2%	$2.41	-44.1%	COM	34385P108
MCD	MCDONALDS CORP	3,625,029	$1.127B	3.2%	$300.11	+5.7%	COM	580135101
ICE	INTERCONTINENTAL EXCHANGE IN	4,836,896	$761M	2.1%	$156.20	+5.6%	COM	45866F104
INBX	INHIBRX BIOSCIENCES INC	1,437,705	$96.66M	0.3%	$15.62	+397.6%	COM	45720N103
PEPG	PEPGEN INC	3,482,434	$6.164M	0.0%	$5.67	+2.8%	COM	713317105
NAMS	NEWAMSTERDAM PHARMA COMPANY	4,203,567	$135M	0.4%	$11.25	+200.0%	ORDINARY SHARES	N62509109
DNA	GINKGO BIOWORKS HOLDINGS INC	3,577,128	$21.93M	0.1%	$10.02	-6.9%	CL A NEW	37611X209
SION	SIONNA THERAPEUTICS INC	3,195,181	$128M	0.4%	$16.09	+143.9%	COM	829401108
TRVI	TREVI THERAPEUTICS INC	3,198,644	$38.16M	0.1%	$6.23	+75.7%	COM	89532M101
PHVS	PHARVARIS N V	3,653,310	$103M	0.3%	$24.52	+9.1%	COM	N69605108