Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPCX	SPACE EXPLORATION TECHN CORP	429,031	$73.3M	3.6%	—	—	CLASS A COM STK	84615Q103
KO	COCA COLA CO	308,436	$25.07M	1.2%	—	—	COM	191216100
RL	RALPH LAUREN CORP	33,500	$13.45M	0.7%	—	—	CL A	751212101
MRVL	MARVELL TECHNOLOGY INC	36,900	$10.99M	0.5%	—	—	COM	573874104
TJX	TJX COS INC NEW	50,000	$7.575M	0.4%	—	—	COM	872540109
ENTG	ENTEGRIS INC	31,750	$5.711M	0.3%	—	—	COM	29362U104
INIO	INNIO NV	142,000	$5.616M	0.3%	—	—	ORDINARY SHARES	N52A8C105
—	ALPHABET INC	94,000	$4.784M	0.2%	—	—	DEP SHS RP1/20 A	02079K404
COHR	COHERENT CORP	10,000	$3.945M	0.2%	—	—	COM	19247G107
—	SNOWFLAKE INC	1,750,000	$3.094M	0.1%	—	—	NOTE 10/0	833445AD1
—	FERRARI N V	700	$2.385M	0.1%	—	—	CALL	N3167Y903
CBRS	CEREBRAS SYSTEMS INC	10,000	$2.21M	0.1%	—	—	COM CL A	15675D103
—	DOORDASH INC	1,950,000	$1.92M	0.1%	—	—	NOTE 5/1	25809KAB1
—	CLOUDFLARE INC	1,150,000	$1.46M	0.1%	—	—	NOTE 6/1	18915MAF4
—	CYBERARK SOFTWARE LTD	600,000	$999K	0.0%	—	—	NOTE 6/1	23248VAD7
—	TOTALENERGIES SE	2,500	$961K	0.0%	—	—	CALL	F92124900
ARM	ARM HOLDINGS PLC	2,685	$952K	0.0%	—	—	SPONSORED ADS	042068205
—	WESTERN DIGITAL CORP	55,000	$886K	0.0%	—	—	NOTE 3.000%11/1	958102AT2
—	MKS INC.	200,000	$590K	0.0%	—	—	NOTE 1.250% 6/0	55306NAB0
—	ETSY INC	520,000	$550K	0.0%	—	—	NOTE 1.000% 6/1	29786AAQ9
—	ORACLE CORP	10,000	$450K	0.0%	—	—	6.5 DEP CUM SR D	68389X204
—	DIGITALOCEAN HLDGS INC	250,000	$283K	0.0%	—	—	NOTE 12/0	25402DAB8
QNT	QUANTINUUM INC	2,500	$204K	0.0%	—	—	CL A COM	74768A104
CAT	CATERPILLAR INC	90	$95,841	0.0%	—	—	COM	149123101
WELL	WELLTOWER INC	350	$79,440	0.0%	—	—	COM	95040Q104
DLR	DIGITAL RLTY TR INC	350	$62,853	0.0%	—	—	COM	253868103

Increased Positions (49)

MU MICRON TECHNOLOGY INC 3.7%

Value $76.46M (+370.1%) Shares 66,243 (+37.6%) Est. Cost — Unrealized —

AMD ADVANCED MICRO DEVICES INC 2.7%

Value $55.51M (+193.1%) Shares 95,550 (+2.6%) Est. Cost — Unrealized —

LLY ELI LILLY & CO 1.7%

Value $34.71M (+1855.1%) Shares 28,936 (+1399.3%) Est. Cost — Unrealized —

CRH CRH PLC 5.9%

Value $123M (+31.6%) Shares 1,146,351 (+27.1%) Est. Cost — Unrealized —

INTC INTEL CORP 1.7%

Value $34.53M (+353.9%) Shares 247,300 (+43.4%) Est. Cost — Unrealized —

RACE FERRARI N V 4.9%

Value $101M (+22.8%) Shares 271,698 (+10.3%) Est. Cost — Unrealized —

AMAT APPLIED MATLS INC 1.0%

Value $20.24M (+558.1%) Shares 28,000 (+211.1%) Est. Cost — Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 2.3%

Value $47.59M (+55.8%) Shares 99,660 (+10.2%) Est. Cost — Unrealized —

AAPL APPLE INC 2.7%

Value $54.92M (+31.6%) Shares 189,799 (+15.4%) Est. Cost — Unrealized —

AMZN AMAZON COM INC 3.0%

Value $61.92M (+26.4%) Shares 259,776 (+10.4%) Est. Cost — Unrealized —

LIN LINDE PLC 1.2%

Value $23.74M (+116.5%) Shares 45,747 (+106.9%) Est. Cost — Unrealized —

GS GOLDMAN SACHS GROUP INC 1.6%

Value $33M (+30.5%) Shares 32,633 (+9.1%) Est. Cost — Unrealized —

WAB WABTEC 0.7%

Value $13.7M (+119.7%) Shares 50,824 (+103.6%) Est. Cost — Unrealized —

ITUB ITAU UNIBANCO HLDG S A 1.0%

Value $20.27M (+39.3%) Shares 2,481,618 (+42.8%) Est. Cost — Unrealized —

ANET ARISTA NETWORKS INC 0.9%

Value $18.01M (+42.0%) Shares 106,000 (+2.7%) Est. Cost — Unrealized —

NOW SERVICENOW INC 0.4%

Value $9.049M (+134.6%) Shares 91,150 (+147.0%) Est. Cost — Unrealized —

DHI D R HORTON INC 0.9%

Value $18.51M (+34.1%) Shares 113,668 (+12.9%) Est. Cost — Unrealized —

SNOW SNOWFLAKE INC 0.5%

Value $10.15M (+73.5%) Shares 39,900 (+2.8%) Est. Cost — Unrealized —

DDOG DATADOG INC 0.3%

Value $7.134M (+126.8%) Shares 27,400 (+2.8%) Est. Cost — Unrealized —

TT TRANE TECHNOLOGIES PLC 0.9%

Value $18.79M (+24.4%) Shares 38,250 (+5.5%) Est. Cost — Unrealized —

MSFT MICROSOFT CORP 3.1%

Value $63.95M (+5.9%) Shares 171,443 (+5.1%) Est. Cost — Unrealized —

GM GENERAL MTRS CO 0.6%

Value $11.56M (+43.9%) Shares 149,951 (+39.0%) Est. Cost — Unrealized —

META META PLATFORMS INC 2.8%

Value $56.95M (+5.3%) Shares 101,100 (+7.0%) Est. Cost — Unrealized —

ETN EATON CORP PLC 0.6%

Value $12.21M (+30.1%) Shares 28,645 (+9.2%) Est. Cost — Unrealized —

OKTA OKTA INC 0.3%

Value $6.161M (+77.9%) Shares 45,150 (+2.6%) Est. Cost — Unrealized —

AZN ASTRAZENECA PLC 5.3%

Value $109M (+1.7%) Shares 581,859 (+5.2%) Est. Cost — Unrealized —

NU NU HLDGS LTD 0.5%

Value $9.566M (+22.4%) Shares 716,050 (+31.6%) Est. Cost — Unrealized —

ISRG INTUITIVE SURGICAL INC 0.5%

Value $9.624M (-12.8%) Shares 24,200 (+1.0%) Est. Cost — Unrealized —

APP APPLOVIN CORP 0.3%

Value $5.719M (+31.8%) Shares 11,100 (+1.8%) Est. Cost — Unrealized —

— STRATEGY INC 0.1%

Value $2.005M (+179.8%) Shares 1,950,000 (+200.0%) Est. Cost — Unrealized —

PONY PONY AI INC 0.1%

Value $2.966M (+67.6%) Shares 426,800 (+127.6%) Est. Cost — Unrealized —

PCOR PROCORE TECHNOLOGIES INC 0.1%

Value $2.541M (-26.8%) Shares 62,550 (+2.7%) Est. Cost — Unrealized —

ADSK AUTODESK INC 0.2%

Value $4.559M (-16.5%) Shares 23,450 (+2.9%) Est. Cost — Unrealized —

— UBER TECHNOLOGIES INC 0.1%

Value $1.153M (+267.4%) Shares 960,000 (+269.2%) Est. Cost — Unrealized —

JCI JOHNSON CONTROLS INTERNATION 0.1%

Value $2.049M (+69.2%) Shares 14,025 (+51.6%) Est. Cost — Unrealized —

SPOT SPOTIFY TECHNOLOGY S A 0.3%

Value $6.061M (+14.7%) Shares 13,200 (+21.1%) Est. Cost — Unrealized —

SNPS SYNOPSYS INC 0.2%

Value $4.884M (+14.6%) Shares 10,950 (+1.9%) Est. Cost — Unrealized —

BKNG BOOKING HOLDINGS INC 0.3%

Value $6.639M (+8.8%) Shares 37,250 (+2469.0%) Est. Cost — Unrealized —

— MARA HOLDINGS INC 0.1%

Value $1.055M (+83.0%) Shares 1,050,000 (+61.5%) Est. Cost — Unrealized —

PLD PROLOGIS INC. 0.1%

Value $1.038M (+78.3%) Shares 7,665 (+74.0%) Est. Cost — Unrealized —

— RIVIAN AUTOMOTIVE INC 0.1%

Value $2.102M (+27.0%) Shares 1,950,000 (+14.7%) Est. Cost — Unrealized —

— DROPBOX INC 0.0%

Value $353K (+271.3%) Shares 350,000 (+250.0%) Est. Cost — Unrealized —

TOST TOAST INC 0.1%

Value $2.02M (+13.7%) Shares 72,600 (+8.4%) Est. Cost — Unrealized —

ORCL ORACLE CORP 0.6%

Value $12.56M (+1.8%) Shares 85,700 (+2.1%) Est. Cost — Unrealized —

UBER UBER TECHNOLOGIES INC 0.4%

Value $7.404M (+2.9%) Shares 102,600 (+2.6%) Est. Cost — Unrealized —

NDAQ NASDAQ INC 0.2%

Value $4.15M (-4.8%) Shares 52,650 (+2.5%) Est. Cost — Unrealized —

VEEV VEEVA SYS INC 0.2%

Value $4.057M (+3.3%) Shares 22,860 (+2.2%) Est. Cost — Unrealized —

— AEROVIRONMENT INC 0.2%

Value $5.076M (-1.5%) Shares 5,350,000 (+1.9%) Est. Cost — Unrealized —

SHOP SHOPIFY INC 0.3%

Value $6.451M (-1.1%) Shares 56,500 (+2.7%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MU	MICRON TECHNOLOGY INC	66,243 (+37.6%)	$76.46M (+370.1%)	3.7%	—	—	COM	595112103
AMD	ADVANCED MICRO DEVICES INC	95,550 (+2.6%)	$55.51M (+193.1%)	2.7%	—	—	COM	007903107
LLY	ELI LILLY & CO	28,936 (+1399.3%)	$34.71M (+1855.1%)	1.7%	—	—	COM	532457108
CRH	CRH PLC	1,146,351 (+27.1%)	$123M (+31.6%)	5.9%	—	—	ORD	G25508105
INTC	INTEL CORP	247,300 (+43.4%)	$34.53M (+353.9%)	1.7%	—	—	COM	458140100
RACE	FERRARI N V	271,698 (+10.3%)	$101M (+22.8%)	4.9%	—	—	COM	N3167Y103
AMAT	APPLIED MATLS INC	28,000 (+211.1%)	$20.24M (+558.1%)	1.0%	—	—	COM	038222105
TSM	TAIWAN SEMICONDUCTOR MANUFAC	99,660 (+10.2%)	$47.59M (+55.8%)	2.3%	—	—	SPONSORED ADS	874039100
AAPL	APPLE INC	189,799 (+15.4%)	$54.92M (+31.6%)	2.7%	—	—	COM	037833100
AMZN	AMAZON COM INC	259,776 (+10.4%)	$61.92M (+26.4%)	3.0%	—	—	COM	023135106
LIN	LINDE PLC	45,747 (+106.9%)	$23.74M (+116.5%)	1.2%	—	—	SHS	G54950103
GS	GOLDMAN SACHS GROUP INC	32,633 (+9.1%)	$33M (+30.5%)	1.6%	—	—	COM	38141G104
WAB	WABTEC	50,824 (+103.6%)	$13.7M (+119.7%)	0.7%	—	—	COM	929740108
ITUB	ITAU UNIBANCO HLDG S A	2,481,618 (+42.8%)	$20.27M (+39.3%)	1.0%	—	—	SPON ADR REP PFD	465562106
ANET	ARISTA NETWORKS INC	106,000 (+2.7%)	$18.01M (+42.0%)	0.9%	—	—	COM SHS	040413205
NOW	SERVICENOW INC	91,150 (+147.0%)	$9.049M (+134.6%)	0.4%	—	—	COM	81762P102
DHI	D R HORTON INC	113,668 (+12.9%)	$18.51M (+34.1%)	0.9%	—	—	COM	23331A109
SNOW	SNOWFLAKE INC	39,900 (+2.8%)	$10.15M (+73.5%)	0.5%	—	—	COM SHS	833445109
DDOG	DATADOG INC	27,400 (+2.8%)	$7.134M (+126.8%)	0.3%	—	—	CL A COM	23804L103
TT	TRANE TECHNOLOGIES PLC	38,250 (+5.5%)	$18.79M (+24.4%)	0.9%	—	—	SHS	G8994E103
MSFT	MICROSOFT CORP	171,443 (+5.1%)	$63.95M (+5.9%)	3.1%	—	—	COM	594918104
GM	GENERAL MTRS CO	149,951 (+39.0%)	$11.56M (+43.9%)	0.6%	—	—	COM	37045V100
META	META PLATFORMS INC	101,100 (+7.0%)	$56.95M (+5.3%)	2.8%	—	—	CL A	30303M102
ETN	EATON CORP PLC	28,645 (+9.2%)	$12.21M (+30.1%)	0.6%	—	—	SHS	G29183103
OKTA	OKTA INC	45,150 (+2.6%)	$6.161M (+77.9%)	0.3%	—	—	CL A	679295105
AZN	ASTRAZENECA PLC	581,859 (+5.2%)	$109M (+1.7%)	5.3%	—	—	ORD	G0593M107
NU	NU HLDGS LTD	716,050 (+31.6%)	$9.566M (+22.4%)	0.5%	—	—	ORD SHS CL A	G6683N103
ISRG	INTUITIVE SURGICAL INC	24,200 (+1.0%)	$9.624M (-12.8%)	0.5%	—	—	COM NEW	46120E602
APP	APPLOVIN CORP	11,100 (+1.8%)	$5.719M (+31.8%)	0.3%	—	—	COM CL A	03831W108
—	STRATEGY INC	1,950,000 (+200.0%)	$2.005M (+179.8%)	0.1%	—	—	NOTE 0.625% 9/1	594972AQ4
PONY	PONY AI INC	426,800 (+127.6%)	$2.966M (+67.6%)	0.1%	—	—	SPONSORED ADS	732908108
PCOR	PROCORE TECHNOLOGIES INC	62,550 (+2.7%)	$2.541M (-26.8%)	0.1%	—	—	COM	74275K108
ADSK	AUTODESK INC	23,450 (+2.9%)	$4.559M (-16.5%)	0.2%	—	—	COM	052769106
—	UBER TECHNOLOGIES INC	960,000 (+269.2%)	$1.153M (+267.4%)	0.1%	—	—	NOTE 0.875%12/0	90353TAM2
JCI	JOHNSON CONTROLS INTERNATION	14,025 (+51.6%)	$2.049M (+69.2%)	0.1%	—	—	SHS	G51502105
SPOT	SPOTIFY TECHNOLOGY S A	13,200 (+21.1%)	$6.061M (+14.7%)	0.3%	—	—	SHS	L8681T102
SNPS	SYNOPSYS INC	10,950 (+1.9%)	$4.884M (+14.6%)	0.2%	—	—	COM	871607107
BKNG	BOOKING HOLDINGS INC	37,250 (+2469.0%)	$6.639M (+8.8%)	0.3%	—	—	COM	09857L108
—	MARA HOLDINGS INC	1,050,000 (+61.5%)	$1.055M (+83.0%)	0.1%	—	—	NOTE 3/0	565788AF3
PLD	PROLOGIS INC.	7,665 (+74.0%)	$1.038M (+78.3%)	0.1%	—	—	COM	74340W103
—	RIVIAN AUTOMOTIVE INC	1,950,000 (+14.7%)	$2.102M (+27.0%)	0.1%	—	—	NOTE 3.625%10/1	76954AAD5
—	DROPBOX INC	350,000 (+250.0%)	$353K (+271.3%)	0.0%	—	—	NOTE 3/0	26210CAD6
TOST	TOAST INC	72,600 (+8.4%)	$2.02M (+13.7%)	0.1%	—	—	CL A	888787108
ORCL	ORACLE CORP	85,700 (+2.1%)	$12.56M (+1.8%)	0.6%	—	—	COM	68389X105
UBER	UBER TECHNOLOGIES INC	102,600 (+2.6%)	$7.404M (+2.9%)	0.4%	—	—	COM	90353T100
NDAQ	NASDAQ INC	52,650 (+2.5%)	$4.15M (-4.8%)	0.2%	—	—	COM	631103108
VEEV	VEEVA SYS INC	22,860 (+2.2%)	$4.057M (+3.3%)	0.2%	—	—	CL A COM	922475108
—	AEROVIRONMENT INC	5,350,000 (+1.9%)	$5.076M (-1.5%)	0.2%	—	—	NOTE 7/1	008073AA6
SHOP	SHOPIFY INC	56,500 (+2.7%)	$6.451M (-1.1%)	0.3%	—	—	CL A SUB VTG SHS	82509L107

Exited Positions (13)

FER FERROVIAL SE 1.8%

Value $36.66M Shares 574,068 Est. Cost — Unrealized —

MDLN MEDLINE INC 0.5%

Value $11.13M Shares 250,000 Est. Cost — Unrealized —

DOLE DOLE PLC 0.3%

Value $6.418M Shares 449,117 Est. Cost — Unrealized —

JPM JPMORGAN CHASE & CO 0.3%

Value $5.883M Shares 20,000 Est. Cost — Unrealized —

T AT&T INC 0.2%

Value $4.348M Shares 150,000 Est. Cost — Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.2%

Value $3.828M Shares 61,000 Est. Cost — Unrealized —

— AKAMAI TECHNOLOGIES INC 0.1%

Value $1.088M Shares 950,000 Est. Cost — Unrealized —

— HALOZYME THERAPEUTICS INC 0.0%

Value $812K Shares 630,000 Est. Cost — Unrealized —

— AFFIRM HLDGS INC 0.0%

Value $552K Shares 590,000 Est. Cost — Unrealized —

ZTS ZOETIS INC 0.0%

Value $543K Shares 4,595 Est. Cost — Unrealized —

— SEAGATE HDD CAYMAN 0.0%

Value $539K Shares 120,000 Est. Cost — Unrealized —

— EXACT SCIENCES CORP 0.0%

Value $467K Shares 450,000 Est. Cost — Unrealized —

— NIO INC 0.0%

Value $348K Shares 360,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FER	FERROVIAL SE	574,068	$36.66M	1.8%	—	—	—	N3168P101
MDLN	MEDLINE INC	250,000	$11.13M	0.5%	—	—	—	58507V107
DOLE	DOLE PLC	449,117	$6.418M	0.3%	—	—	—	G27907107
JPM	JPMORGAN CHASE & CO	20,000	$5.883M	0.3%	—	—	—	46625H100
T	AT&T INC	150,000	$4.348M	0.2%	—	—	—	00206R102
BSX	BOSTON SCIENTIFIC CORP	61,000	$3.828M	0.2%	—	—	—	101137107
—	AKAMAI TECHNOLOGIES INC	950,000	$1.088M	0.1%	—	—	—	00971TAN1
—	HALOZYME THERAPEUTICS INC	630,000	$812K	0.0%	—	—	—	40637HAF6
—	AFFIRM HLDGS INC	590,000	$552K	0.0%	—	—	—	00827BAD8
ZTS	ZOETIS INC	4,595	$543K	0.0%	—	—	—	98978V103
—	SEAGATE HDD CAYMAN	120,000	$539K	0.0%	—	—	—	81180WBL4
—	EXACT SCIENCES CORP	450,000	$467K	0.0%	—	—	—	30063PAC9
—	NIO INC	360,000	$348K	0.0%	—	—	—	62914VAK2

Decreased Positions (25)

NFLX NETFLIX INC. 0.8%

Value $16.88M (-62.9%) Shares 236,350 (-50.0%) Est. Cost — Unrealized —

WMT WALMART INC 1.4%

Value $28.85M (-45.0%) Shares 254,700 (-39.6%) Est. Cost — Unrealized —

NEM NEWMONT CORP 0.1%

Value $1.064M (-94.3%) Shares 11,389 (-93.4%) Est. Cost — Unrealized —

PANW PALO ALTO NETWORKS INC 1.4%

Value $28.63M (+67.4%) Shares 83,940 (-21.3%) Est. Cost — Unrealized —

FLUT FLUTTER ENTMT PLC 0.1%

Value $2.812M (-80.1%) Shares 27,940 (-79.9%) Est. Cost — Unrealized —

GOOGL ALPHABET INC 3.2%

Value $67.03M (-13.5%) Shares 187,551 (-30.4%) Est. Cost — Unrealized —

AVGO BROADCOM INC 2.6%

Value $53.47M (+12.8%) Shares 141,550 (-7.6%) Est. Cost — Unrealized —

CRM SALESFORCE INC 0.3%

Value $5.984M (-45.7%) Shares 38,200 (-35.3%) Est. Cost — Unrealized —

CRWD CROWDSTRIKE HLDGS INC 0.5%

Value $11.33M (+74.0%) Shares 14,850 (-11.0%) Est. Cost — Unrealized —

V VISA INC 2.1%

Value $42.95M (+9.0%) Shares 125,200 (-4.0%) Est. Cost — Unrealized —

MA MASTERCARD INCORPORATED 1.2%

Value $23.75M (-12.4%) Shares 46,250 (-14.8%) Est. Cost — Unrealized —

VRT VERTIV HOLDINGS CO 0.6%

Value $11.45M (-21.9%) Shares 34,197 (-41.5%) Est. Cost — Unrealized —

DXCM DEXCOM INC 0.1%

Value $2.425M (-48.5%) Shares 36,000 (-52.0%) Est. Cost — Unrealized —

NVDA NVIDIA CORPORATION 3.9%

Value $81.06M (+2.8%) Shares 405,123 (-10.4%) Est. Cost — Unrealized —

FPS FORGENT POWER SOLUTIONS INC 0.4%

Value $8.01M (-16.6%) Shares 143,400 (-56.3%) Est. Cost — Unrealized —

TXN TEXAS INSTRS INC 0.3%

Value $6.081M (+27.3%) Shares 20,400 (-17.1%) Est. Cost — Unrealized —

DE DEERE & CO 1.2%

Value $24.59M (+5.6%) Shares 38,761 (-6.3%) Est. Cost — Unrealized —

HWM HOWMET AEROSPACE INC 0.8%

Value $16.05M (-2.6%) Shares 59,680 (-16.5%) Est. Cost — Unrealized —

STLA STELLANTIS N.V 0.0%

Value $136K (-71.9%) Shares 23,801 (-65.6%) Est. Cost — Unrealized —

GOOG ALPHABET INC 0.0%

Value $90,452 (-65.4%) Shares 256 (-70.9%) Est. Cost — Unrealized —

NEE NEXTERA ENERGY INC 0.1%

Value $1.584M (-7.3%) Shares 18,050 (-1.9%) Est. Cost — Unrealized —

WM WASTE MGMT INC DEL 0.0%

Value $994K (-8.3%) Shares 4,460 (-5.5%) Est. Cost — Unrealized —

XYL XYLEM INC 0.1%

Value $1.716M (-4.6%) Shares 14,520 (-3.5%) Est. Cost — Unrealized —

GEV GE VERNOVA INC 0.1%

Value $1.827M (+2.3%) Shares 1,555 (-24.0%) Est. Cost — Unrealized —

— DATADOG INC 0.1%

Value $1.053M (+1.6%) Shares 740,000 (-30.8%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NFLX	NETFLIX INC.	236,350 (-50.0%)	$16.88M (-62.9%)	0.8%	—	—	COM	64110L106
WMT	WALMART INC	254,700 (-39.6%)	$28.85M (-45.0%)	1.4%	—	—	COM	931142103
NEM	NEWMONT CORP	11,389 (-93.4%)	$1.064M (-94.3%)	0.1%	—	—	COM	651639106
PANW	PALO ALTO NETWORKS INC	83,940 (-21.3%)	$28.63M (+67.4%)	1.4%	—	—	COM	697435105
FLUT	FLUTTER ENTMT PLC	27,940 (-79.9%)	$2.812M (-80.1%)	0.1%	—	—	SHS	G3643J108
GOOGL	ALPHABET INC	187,551 (-30.4%)	$67.03M (-13.5%)	3.2%	—	—	CAP STK CL A	02079K305
AVGO	BROADCOM INC	141,550 (-7.6%)	$53.47M (+12.8%)	2.6%	—	—	COM	11135F101
CRM	SALESFORCE INC	38,200 (-35.3%)	$5.984M (-45.7%)	0.3%	—	—	COM	79466L302
CRWD	CROWDSTRIKE HLDGS INC	14,850 (-11.0%)	$11.33M (+74.0%)	0.5%	—	—	CL A	22788C105
V	VISA INC	125,200 (-4.0%)	$42.95M (+9.0%)	2.1%	—	—	COM CL A	92826C839
MA	MASTERCARD INCORPORATED	46,250 (-14.8%)	$23.75M (-12.4%)	1.2%	—	—	CL A	57636Q104
VRT	VERTIV HOLDINGS CO	34,197 (-41.5%)	$11.45M (-21.9%)	0.6%	—	—	COM CL A	92537N108
DXCM	DEXCOM INC	36,000 (-52.0%)	$2.425M (-48.5%)	0.1%	—	—	COM	252131107
NVDA	NVIDIA CORPORATION	405,123 (-10.4%)	$81.06M (+2.8%)	3.9%	—	—	COM	67066G104
FPS	FORGENT POWER SOLUTIONS INC	143,400 (-56.3%)	$8.01M (-16.6%)	0.4%	—	—	COM SHS CL A	34631F102
TXN	TEXAS INSTRS INC	20,400 (-17.1%)	$6.081M (+27.3%)	0.3%	—	—	COM	882508104
DE	DEERE & CO	38,761 (-6.3%)	$24.59M (+5.6%)	1.2%	—	—	COM	244199105
HWM	HOWMET AEROSPACE INC	59,680 (-16.5%)	$16.05M (-2.6%)	0.8%	—	—	COM	443201108
STLA	STELLANTIS N.V	23,801 (-65.6%)	$136K (-71.9%)	0.0%	—	—	SHS	N82405106
GOOG	ALPHABET INC	256 (-70.9%)	$90,452 (-65.4%)	0.0%	—	—	CAP STK CL C	02079K107
NEE	NEXTERA ENERGY INC	18,050 (-1.9%)	$1.584M (-7.3%)	0.1%	—	—	COM	65339F101
WM	WASTE MGMT INC DEL	4,460 (-5.5%)	$994K (-8.3%)	0.0%	—	—	COM	94106L109
XYL	XYLEM INC	14,520 (-3.5%)	$1.716M (-4.6%)	0.1%	—	—	COM	98419M100
GEV	GE VERNOVA INC	1,555 (-24.0%)	$1.827M (+2.3%)	0.1%	—	—	COM	36828A101
—	DATADOG INC	740,000 (-30.8%)	$1.053M (+1.6%)	0.1%	—	—	NOTE 12/0	23804LAD5

Unchanged Positions (18)

TTE TOTALENERGIES SE 12.3%

Value $255M Shares 3,274,674 Est. Cost — Unrealized —

KLAR KLARNA GROUP PLC 0.2%

Value $3.471M Shares 171,500 Est. Cost — Unrealized —

QGEN QIAGEN NV 1.4%

Value $29.44M Shares 759,564 Est. Cost — Unrealized —

SXT SENSIENT TECHNOLOGIES CORP 0.0%

Value $1.031M Shares 8,365 Est. Cost — Unrealized —

SYK STRYKER CORPORATION 0.3%

Value $6.712M Shares 21,320 Est. Cost — Unrealized —

FSLR FIRST SOLAR INC 0.1%

Value $1.628M Shares 6,900 Est. Cost — Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.3%

Value $7.187M Shares 14,335 Est. Cost — Unrealized —

— NUTANIX INC 0.1%

Value $1.229M Shares 1,250,000 Est. Cost — Unrealized —

— CLOUDFLARE INC 0.0%

Value $1.008M Shares 780,000 Est. Cost — Unrealized —

— GUARDANT HEALTH INC 0.0%

Value $436K Shares 350,000 Est. Cost — Unrealized —

— FLUOR CORP 0.0%

Value $599K Shares 450,000 Est. Cost — Unrealized —

— LIBERTY MEDIA CORP DEL 0.0%

Value $494K Shares 400,000 Est. Cost — Unrealized —

— NEXTERA ENERGY CAP HLDGS INC 0.0%

Value $598K Shares 450,000 Est. Cost — Unrealized —

— REPLIGEN CORP 0.0%

Value $359K Shares 350,000 Est. Cost — Unrealized —

— GUIDEWIRE SOFTWARE INC 0.0%

Value $366K Shares 380,000 Est. Cost — Unrealized —

DHR DANAHER CORP DEL 0.0%

Value $895K Shares 4,700 Est. Cost — Unrealized —

— PARSONS CORP DEL 0.0%

Value $349K Shares 350,000 Est. Cost — Unrealized —

VLTO VERALTO CORP 0.0%

Value $568K Shares 6,410 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TTE	TOTALENERGIES SE	3,274,674	$255M	12.3%	—	—	ACT	F92124100
KLAR	KLARNA GROUP PLC	171,500	$3.471M	0.2%	—	—	SHS	G5279N105
QGEN	QIAGEN NV	759,564	$29.44M	1.4%	—	—	ORD SHARES	N72482156
SXT	SENSIENT TECHNOLOGIES CORP	8,365	$1.031M	0.0%	—	—	COM	81725T100
SYK	STRYKER CORPORATION	21,320	$6.712M	0.3%	—	—	COM	863667101
FSLR	FIRST SOLAR INC	6,900	$1.628M	0.1%	—	—	COM	336433107
TMO	THERMO FISHER SCIENTIFIC INC	14,335	$7.187M	0.3%	—	—	COM	883556102
—	NUTANIX INC	1,250,000	$1.229M	0.1%	—	—	NOTE 0.500%12/1	67059NAK4
—	CLOUDFLARE INC	780,000	$1.008M	0.0%	—	—	NOTE 8/1	18915MAC1
—	GUARDANT HEALTH INC	350,000	$436K	0.0%	—	—	NOTE 11/1	40131MAB5
—	FLUOR CORP	450,000	$599K	0.0%	—	—	NOTE 1.125% 8/1	343412AJ1
—	LIBERTY MEDIA CORP DEL	400,000	$494K	0.0%	—	—	NOTE 2.250% 8/1	531229AQ5
—	NEXTERA ENERGY CAP HLDGS INC	450,000	$598K	0.0%	—	—	NOTE 3.000% 3/0	65339KCY4
—	REPLIGEN CORP	350,000	$359K	0.0%	—	—	NOTE 1.000%12/1	759916AD1
—	GUIDEWIRE SOFTWARE INC	380,000	$366K	0.0%	—	—	NOTE 1.250%11/0	40171VAC4
DHR	DANAHER CORP DEL	4,700	$895K	0.0%	—	—	COM	235851102
—	PARSONS CORP DEL	350,000	$349K	0.0%	—	—	NOTE 2.625% 3/0	70202LAD4
VLTO	VERALTO CORP	6,410	$568K	0.0%	—	—	COM SHS	92338C103