Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMD	ADVANCED MICRO DEVICES INC	879,325	$511M	4.4%	$580.91	—	COM	007903107
TSEM	TOWER SEMICONDUCTOR LTD	523,887	$137M	1.2%	$260.64	—	SHS NEW	M87915274
STM	STMICROELECTRONICS N V	1,768,122	$132M	1.1%	$74.89	—	NY REGISTRY	861012102
JNJ	JOHNSON & JOHNSON	491,072	$125M	1.1%	$253.97	—	COM	478160104
EME	EMCOR GROUP INC	99,778	$82.8M	0.7%	$829.88	—	COM	29084Q100
NOK	NOKIA CORP	6,153,400	$81.72M	0.7%	$13.28	—	SPONSORED ADR	654902204
CSCO	CISCO SYS INC	651,615	$76.54M	0.7%	$117.46	—	COM	17275R102
AMX	AMERICA MOVIL SAB DE CV	1,408,480	$36.61M	0.3%	$25.99	—	SPON ADS RP CL B	02390A101
LGN	LEGENCE CORP	225,101	$19.19M	0.2%	$85.23	—	CL A	52476L109
FPS	FORGENT POWER SOLUTIONS INC	343,185	$19.17M	0.2%	$55.86	—	COM SHS CL A	34631F102
JAN	JANUS LIVING INC	643,830	$18.5M	0.2%	$28.74	—	CL A-1	471024109
FROG	JFROG LTD	202,081	$18.37M	0.2%	$90.88	—	ORD SHS	M6191J100
BTSG	BRIGHTSPRING HEALTH SVCS INC	259,867	$18.12M	0.2%	$69.74	—	COM	10950A106
LINC	LINCOLN EDL SVCS CORP	275,610	$13.75M	0.1%	$49.90	—	COM	533535100
OSW	ONESPAWORLD HOLDINGS LIMITED	457,555	$12.92M	0.1%	$28.24	—	COM	P73684113
SPHR	SPHERE ENTERTAINMENT CO	74,057	$12.81M	0.1%	$173.03	—	CL A	55826T102
ESE	ESCO TECHNOLOGIES INC	32,810	$11.48M	0.1%	$350.04	—	COM	296315104
LION	LIONSGATE STUDIOS CORP	608,906	$9.322M	0.1%	$15.31	—	COM	53626N102
EZPW	EZCORP INC	251,920	$8.709M	0.1%	$34.57	—	CL A NON VTG	302301106
SNDK	SANDISK CORP	3,052	$6.939M	0.1%	$2273.73	—	COM	80004C200
PIPR	PIPER SANDLER COMPANIES	95,230	$6.889M	0.1%	$72.34	—	COM	724078209
VSCO	VICTORIAS SECRET AND CO	81,802	$6.829M	0.1%	$83.48	—	COMMON STOCK	926400102
CIB	GRUPO CIBEST SA	85,470	$6.789M	0.1%	$79.43	—	SPON ADS	40090E106
AZN	ASTRAZENECA PLC	34,746	$6.589M	0.1%	$189.62	—	SPONSORED ADR	G0593M107
SYNA	SYNAPTICS INC	52,379	$6.507M	0.1%	$124.23	—	COM	87157D109
VIST	VISTA ENERGY S.A.B. DE C.V.	87,160	$5.561M	0.0%	$63.80	—	SPONSORED ADS	92837L109
NVTS	NAVITAS SEMICONDUCTOR CORP	278,560	$4.992M	0.0%	$17.92	—	COM	63942X106
AXTI	AXT INC	66,232	$4.774M	0.0%	$72.08	—	COM	00246W103
FIX	COMFORT SYS USA INC	1,213	$2.404M	0.0%	$1981.95	—	COM	199908104
QCOM	QUALCOMM INC	4,040	$747K	0.0%	$184.79	—	COM	747525103
CMI	CUMMINS INC	415	$296K	0.0%	$713.21	—	COM	231021106

Increased Positions (37)

MU MICRON TECHNOLOGY INC 5.9%

Value $680M (+915.5%) Shares 589,089 (+197.2%) Est. Cost $896.15 Unrealized —

ASML ASML HLDG NV 7.5%

Value $865M (+72.6%) Shares 434,755 (+14.6%) Est. Cost $1405.92 Unrealized —

LITE LUMENTUM HLDGS INC 3.0%

Value $349M (+29886.7%) Shares 406,459 (+24459.5%) Est. Cost $856.47 Unrealized —

GEV GE VERNOVA INC 4.2%

Value $483M (+98.6%) Shares 411,058 (+47.5%) Est. Cost $667.74 Unrealized —

AMZN AMAZON COM INC 5.7%

Value $656M (+32.4%) Shares 2,751,037 (+15.7%) Est. Cost $167.30 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 3.7%

Value $430M (+48.2%) Shares 899,501 (+4.8%) Est. Cost $125.16 Unrealized —

TIGO MILLICOM INTL CELLULAR S A 1.3%

Value $145M (+778.4%) Shares 1,595,000 (+625.3%) Est. Cost $86.67 Unrealized —

HWM HOWMET AEROSPACE INC 1.6%

Value $186M (+61.9%) Shares 691,749 (+38.7%) Est. Cost $236.74 Unrealized —

AAPL APPLE INC 1.6%

Value $183M (+25.4%) Shares 631,399 (+10.0%) Est. Cost $190.30 Unrealized —

UTHR UNITED THERAPEUTICS CORP DEL 0.3%

Value $29.5M (+6079.0%) Shares 54,437 (+6662.4%) Est. Cost $540.92 Unrealized —

EMBJ EMBRAER S.A. 0.8%

Value $93.73M (+34.9%) Shares 1,469,074 (+25.5%) Est. Cost $54.78 Unrealized —

CW CURTISS WRIGHT CORP 1.0%

Value $117M (+12.4%) Shares 154,908 (+1.0%) Est. Cost $568.02 Unrealized —

SEI SOLARIS ENERGY INFRAS INC 0.2%

Value $24.85M (+90.1%) Shares 308,860 (+33.5%) Est. Cost $59.92 Unrealized —

AXON AXON ENTERPRISE INC 0.3%

Value $31.23M (+54.9%) Shares 55,704 (+17.4%) Est. Cost $581.64 Unrealized —

SXT SENSIENT TECHNOLOGIES CORP 0.2%

Value $18.49M (+139.6%) Shares 149,945 (+68.0%) Est. Cost $107.13 Unrealized —

IEMG ISHARES INC 0.1%

Value $16.86M (+123.2%) Shares 203,500 (+87.9%) Est. Cost $67.15 Unrealized —

IWO ISHARES TR 0.2%

Value $18.28M (+91.0%) Shares 46,400 (+52.1%) Est. Cost $330.66 Unrealized —

LASR NLIGHT INC 0.1%

Value $14.74M (+117.1%) Shares 211,738 (+77.8%) Est. Cost $57.30 Unrealized —

CWST CASELLA WASTE SYS INC 0.1%

Value $15.15M (+107.5%) Shares 156,187 (+69.8%) Est. Cost $98.50 Unrealized —

NOVT NOVANTA INC 0.1%

Value $16.25M (+92.1%) Shares 100,168 (+39.9%) Est. Cost $138.20 Unrealized —

INDA ISHARES TR 0.3%

Value $32.87M (+30.3%) Shares 665,600 (+23.6%) Est. Cost $45.97 Unrealized —

CLS CELESTICA INC 0.2%

Value $18.71M (+57.1%) Shares 51,279 (+21.3%) Est. Cost $113.52 Unrealized —

VLY VALLEY NATL BANCORP 0.1%

Value $15.6M (+74.3%) Shares 1,064,946 (+46.1%) Est. Cost $13.28 Unrealized —

AROC ARCHROCK INC 0.1%

Value $16.77M (+63.4%) Shares 412,054 (+39.7%) Est. Cost $32.50 Unrealized —

INTC INTEL CORP 0.1%

Value $6.208M (+1776.4%) Shares 44,459 (+493.0%) Est. Cost $123.91 Unrealized —

FFIN FIRST FINL BANKSHARES INC 0.2%

Value $18.02M (+40.4%) Shares 520,870 (+19.5%) Est. Cost $36.36 Unrealized —

BOOT BOOT BARN HLDGS INC 0.1%

Value $11.11M (+68.7%) Shares 67,658 (+50.3%) Est. Cost $153.28 Unrealized —

IMAX IMAX CORP 0.2%

Value $19.16M (+30.0%) Shares 480,765 (+24.0%) Est. Cost $36.67 Unrealized —

AIR AAR CORP 0.1%

Value $14.64M (+42.6%) Shares 102,396 (+9.2%) Est. Cost $109.27 Unrealized —

GLW CORNING INC 0.0%

Value $4.368M (+213.1%) Shares 17,102 (+66.7%) Est. Cost $169.19 Unrealized —

COHR COHERENT CORP 0.0%

Value $2.38M (+406.4%) Shares 6,033 (+205.8%) Est. Cost $335.24 Unrealized —

COST COSTCO WHSL CORP NEW 0.5%

Value $54.04M (+2.0%) Shares 57,764 (+8.6%) Est. Cost $717.34 Unrealized —

XENE XENON PHARMACEUTICALS INC 0.1%

Value $6.533M (+12.8%) Shares 108,238 (+8.7%) Est. Cost $43.46 Unrealized —

LMAT LEMAITRE VASCULAR INC 0.1%

Value $6.649M (+9.8%) Shares 69,294 (+24.9%) Est. Cost $88.89 Unrealized —

IVV ISHARES TR 0.0%

Value $2.247M (+18.6%) Shares 3,000 (+3.4%) Est. Cost $523.40 Unrealized —

ESLT ELBIT SYS LTD 0.0%

Value $921K (+34.1%) Shares 1,214 (+50.1%) Est. Cost $719.36 Unrealized —

UNFI UNITED NAT FOODS INC 0.1%

Value $6.661M (+2.7%) Shares 145,855 (+1.3%) Est. Cost $37.08 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MU	MICRON TECHNOLOGY INC	589,089 (+197.2%)	$680M (+915.5%)	5.9%	$896.15	—	COM	595112103
ASML	ASML HLDG NV	434,755 (+14.6%)	$865M (+72.6%)	7.5%	$1405.92	—	N Y REGISTRY SHS	N07059210
LITE	LUMENTUM HLDGS INC	406,459 (+24459.5%)	$349M (+29886.7%)	3.0%	$856.47	—	COM	55024U109
GEV	GE VERNOVA INC	411,058 (+47.5%)	$483M (+98.6%)	4.2%	$667.74	—	COM	36828A101
AMZN	AMAZON COM INC	2,751,037 (+15.7%)	$656M (+32.4%)	5.7%	$167.30	—	COM	023135106
TSM	TAIWAN SEMICONDUCTOR MFG LTD	899,501 (+4.8%)	$430M (+48.2%)	3.7%	$125.16	—	SPONSORED ADR	874039100
TIGO	MILLICOM INTL CELLULAR S A	1,595,000 (+625.3%)	$145M (+778.4%)	1.3%	$86.67	—	COM STK	L6388F110
HWM	HOWMET AEROSPACE INC	691,749 (+38.7%)	$186M (+61.9%)	1.6%	$236.74	—	COM	443201108
AAPL	APPLE INC	631,399 (+10.0%)	$183M (+25.4%)	1.6%	$190.30	—	COM	037833100
UTHR	UNITED THERAPEUTICS CORP DEL	54,437 (+6662.4%)	$29.5M (+6079.0%)	0.3%	$540.92	—	COM	91307C102
EMBJ	EMBRAER S.A.	1,469,074 (+25.5%)	$93.73M (+34.9%)	0.8%	$54.78	—	SPONSORED ADS	29082A107
CW	CURTISS WRIGHT CORP	154,908 (+1.0%)	$117M (+12.4%)	1.0%	$568.02	—	COM	231561101
SEI	SOLARIS ENERGY INFRAS INC	308,860 (+33.5%)	$24.85M (+90.1%)	0.2%	$59.92	—	COM CL A	83418M103
AXON	AXON ENTERPRISE INC	55,704 (+17.4%)	$31.23M (+54.9%)	0.3%	$581.64	—	COM	05464C101
SXT	SENSIENT TECHNOLOGIES CORP	149,945 (+68.0%)	$18.49M (+139.6%)	0.2%	$107.13	—	COM	81725T100
IEMG	ISHARES INC	203,500 (+87.9%)	$16.86M (+123.2%)	0.1%	$67.15	—	CORE MSCI EMKT	46434G103
IWO	ISHARES TR	46,400 (+52.1%)	$18.28M (+91.0%)	0.2%	$330.66	—	RUS 2000 GRW ETF	464287648
LASR	NLIGHT INC	211,738 (+77.8%)	$14.74M (+117.1%)	0.1%	$57.30	—	COM	65487K100
CWST	CASELLA WASTE SYS INC	156,187 (+69.8%)	$15.15M (+107.5%)	0.1%	$98.50	—	CL A	147448104
NOVT	NOVANTA INC	100,168 (+39.9%)	$16.25M (+92.1%)	0.1%	$138.20	—	COM	67000B104
INDA	ISHARES TR	665,600 (+23.6%)	$32.87M (+30.3%)	0.3%	$45.97	—	MSCI INDIA ETF	46429B598
CLS	CELESTICA INC	51,279 (+21.3%)	$18.71M (+57.1%)	0.2%	$113.52	—	SUB VTG SHS	15101Q207
VLY	VALLEY NATL BANCORP	1,064,946 (+46.1%)	$15.6M (+74.3%)	0.1%	$13.28	—	COM	919794107
AROC	ARCHROCK INC	412,054 (+39.7%)	$16.77M (+63.4%)	0.1%	$32.50	—	COM	03957W106
INTC	INTEL CORP	44,459 (+493.0%)	$6.208M (+1776.4%)	0.1%	$123.91	—	COM	458140100
FFIN	FIRST FINL BANKSHARES INC	520,870 (+19.5%)	$18.02M (+40.4%)	0.2%	$36.36	—	COM	32020R109
BOOT	BOOT BARN HLDGS INC	67,658 (+50.3%)	$11.11M (+68.7%)	0.1%	$153.28	—	COM	099406100
IMAX	IMAX CORP	480,765 (+24.0%)	$19.16M (+30.0%)	0.2%	$36.67	—	COM	45245E109
AIR	AAR CORP	102,396 (+9.2%)	$14.64M (+42.6%)	0.1%	$109.27	—	COM	000361105
GLW	CORNING INC	17,102 (+66.7%)	$4.368M (+213.1%)	0.0%	$169.19	—	COM	219350105
COHR	COHERENT CORP	6,033 (+205.8%)	$2.38M (+406.4%)	0.0%	$335.24	—	COM	19247G107
COST	COSTCO WHSL CORP NEW	57,764 (+8.6%)	$54.04M (+2.0%)	0.5%	$717.34	—	COM	22160K105
XENE	XENON PHARMACEUTICALS INC	108,238 (+8.7%)	$6.533M (+12.8%)	0.1%	$43.46	—	COM	98420N105
LMAT	LEMAITRE VASCULAR INC	69,294 (+24.9%)	$6.649M (+9.8%)	0.1%	$88.89	—	COM	525558201
IVV	ISHARES TR	3,000 (+3.4%)	$2.247M (+18.6%)	0.0%	$523.40	—	CORE S&P500 ETF	464287200
ESLT	ELBIT SYS LTD	1,214 (+50.1%)	$921K (+34.1%)	0.0%	$719.36	—	ORD	M3760D101
UNFI	UNITED NAT FOODS INC	145,855 (+1.3%)	$6.661M (+2.7%)	0.1%	$37.08	—	COM	911163103

Exited Positions (19)

MSFT MICROSOFT CORP 1.2%

Value $137M Shares 370,781 Est. Cost $341.09 Unrealized —

DHR DANAHER CORPORATION 0.7%

Value $84.57M Shares 446,062 Est. Cost $219.54 Unrealized —

INSM INSMED INC 0.3%

Value $39.15M Shares 239,447 Est. Cost $135.81 Unrealized —

SPOT SPOTIFY TECHNOLOGY S A 0.2%

Value $26.26M Shares 54,145 Est. Cost $533.54 Unrealized —

NXT NEXTPOWER INC 0.2%

Value $17.76M Shares 147,341 Est. Cost $90.88 Unrealized —

AZN ASTRAZENECA PLC 0.1%

Value $12.37M Shares 62,728 Est. Cost $197.22 Unrealized —

OSIS OSI SYSTEMS INC 0.1%

Value $11.97M Shares 45,072 Est. Cost $227.10 Unrealized —

ISRG INTUITIVE SURGICAL INC 0.1%

Value $10.5M Shares 22,780 Est. Cost $553.02 Unrealized —

PIPR PIPER SANDLER COMPANIES 0.1%

Value $10.46M Shares 136,708 Est. Cost $329.30 Unrealized —

JBTM JBT MAREL CORPORATION 0.1%

Value $9.843M Shares 76,978 Est. Cost $141.75 Unrealized —

CR CRANE COMPANY 0.1%

Value $9.252M Shares 54,108 Est. Cost $116.42 Unrealized —

MIAX MIAMI INTL HLDGS INC 0.1%

Value $6.355M Shares 163,282 Est. Cost $44.60 Unrealized —

CENX CENTURY ALUM CO 0.0%

Value $3.44M Shares 58,610 Est. Cost $48.41 Unrealized —

AMSC AMERICAN SUPERCONDUCTOR CORP 0.0%

Value $3.413M Shares 100,814 Est. Cost $49.99 Unrealized —

WGS GENEDX HOLDINGS CORP 0.0%

Value $3.276M Shares 51,006 Est. Cost $137.25 Unrealized —

MMSI MERIT MED SYS INC 0.0%

Value $3.043M Shares 44,145 Est. Cost $79.13 Unrealized —

RDNT RADNET INC 0.0%

Value $2.853M Shares 51,038 Est. Cost $65.75 Unrealized —

BETA BETA TECHNOLOGIES INC 0.0%

Value $1.932M Shares 131,445 Est. Cost $28.35 Unrealized —

HTHT H WORLD GROUP LTD 0.0%

Value $292K Shares 5,800 Est. Cost $50.29 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	370,781	$137M	1.2%	$341.09	—	—	594918104
DHR	DANAHER CORPORATION	446,062	$84.57M	0.7%	$219.54	—	—	235851102
INSM	INSMED INC	239,447	$39.15M	0.3%	$135.81	—	—	457669307
SPOT	SPOTIFY TECHNOLOGY S A	54,145	$26.26M	0.2%	$533.54	—	—	L8681T102
NXT	NEXTPOWER INC	147,341	$17.76M	0.2%	$90.88	—	—	65290E101
AZN	ASTRAZENECA PLC	62,728	$12.37M	0.1%	$197.22	—	—	046353108
OSIS	OSI SYSTEMS INC	45,072	$11.97M	0.1%	$227.10	—	—	671044105
ISRG	INTUITIVE SURGICAL INC	22,780	$10.5M	0.1%	$553.02	—	—	46120E602
PIPR	PIPER SANDLER COMPANIES	136,708	$10.46M	0.1%	$329.30	—	—	724078100
JBTM	JBT MAREL CORPORATION	76,978	$9.843M	0.1%	$141.75	—	—	477839104
CR	CRANE COMPANY	54,108	$9.252M	0.1%	$116.42	—	—	224408104
MIAX	MIAMI INTL HLDGS INC	163,282	$6.355M	0.1%	$44.60	—	—	59356Q108
CENX	CENTURY ALUM CO	58,610	$3.44M	0.0%	$48.41	—	—	156431108
AMSC	AMERICAN SUPERCONDUCTOR CORP	100,814	$3.413M	0.0%	$49.99	—	—	030111207
WGS	GENEDX HOLDINGS CORP	51,006	$3.276M	0.0%	$137.25	—	—	81663L200
MMSI	MERIT MED SYS INC	44,145	$3.043M	0.0%	$79.13	—	—	589889104
RDNT	RADNET INC	51,038	$2.853M	0.0%	$65.75	—	—	750491102
BETA	BETA TECHNOLOGIES INC	131,445	$1.932M	0.0%	$28.35	—	—	086921103
HTHT	H WORLD GROUP LTD	5,800	$292K	0.0%	$50.29	—	—	44332N106

Decreased Positions (60)

APH AMPHENOL CORP NEW 0.6%

Value $67.62M (-87.5%) Shares 383,520 (-91.0%) Est. Cost $117.55 Unrealized —

JPM JPMORGAN CHASE & CO. 4.5%

Value $514M (-38.8%) Shares 1,571,309 (-45.0%) Est. Cost $267.97 Unrealized —

GOOGL ALPHABET INC 9.9%

Value $1.145B (+12.7%) Shares 3,203,929 (-9.3%) Est. Cost $256.35 Unrealized —

META META PLATFORMS INC 0.2%

Value $17.45M (-87.0%) Shares 30,981 (-86.8%) Est. Cost $499.27 Unrealized —

GE GE AEROSPACE 4.5%

Value $516M (+20.1%) Shares 1,380,572 (-8.8%) Est. Cost $239.56 Unrealized —

MS MORGAN STANLEY 5.0%

Value $583M (+13.7%) Shares 2,787,121 (-10.5%) Est. Cost $126.04 Unrealized —

NVDA NVIDIA CORPORATION 11.3%

Value $1.31B (+5.1%) Shares 6,544,722 (-8.4%) Est. Cost $132.89 Unrealized —

NU NU HLDGS LTD 0.1%

Value $7.09M (-87.8%) Shares 530,688 (-86.9%) Est. Cost $13.70 Unrealized —

HSY HERSHEY CO 0.3%

Value $35.52M (-55.1%) Shares 202,470 (-46.8%) Est. Cost $204.74 Unrealized —

TJX TJX COS INC NEW 1.0%

Value $116M (-16.4%) Shares 763,444 (-11.9%) Est. Cost $129.12 Unrealized —

ENSG ENSIGN GROUP INC 0.1%

Value $7.243M (-75.5%) Shares 45,185 (-69.3%) Est. Cost $117.38 Unrealized —

AVGO BROADCOM INC 1.3%

Value $154M (-11.7%) Shares 406,798 (-27.7%) Est. Cost $268.20 Unrealized —

CTAS CINTAS CORP 0.5%

Value $55.49M (-26.3%) Shares 326,280 (-26.8%) Est. Cost $183.77 Unrealized —

FN FABRINET 0.0%

Value $1.656M (-92.2%) Shares 2,946 (-92.8%) Est. Cost $329.28 Unrealized —

SF STIFEL FINL CORP 0.0%

Value $3.744M (-73.8%) Shares 53,664 (-72.2%) Est. Cost $88.19 Unrealized —

MRCY MERCURY SYS INC 0.2%

Value $25.01M (+62.5%) Shares 204,433 (-3.1%) Est. Cost $58.07 Unrealized —

BE BLOOM ENERGY CORP 0.2%

Value $22.21M (+73.4%) Shares 73,388 (-22.4%) Est. Cost $105.07 Unrealized —

BBIO BRIDGEBIO PHARMA INC 0.0%

Value $5.672M (-61.8%) Shares 76,148 (-61.9%) Est. Cost $56.71 Unrealized —

GTX GARRETT MOTION INC 0.2%

Value $19.76M (+70.3%) Shares 545,495 (-14.6%) Est. Cost $15.92 Unrealized —

GH GUARDANT HEALTH INC 0.2%

Value $21.97M (+54.4%) Shares 146,458 (-4.9%) Est. Cost $89.46 Unrealized —

ATMU ATMUS FILTRATION TECHNOLOGIE 0.0%

Value $4.088M (-64.6%) Shares 80,165 (-60.6%) Est. Cost $48.33 Unrealized —

AEIS ADVANCED ENERGY INDS 0.1%

Value $15.49M (-32.0%) Shares 41,546 (-41.1%) Est. Cost $270.51 Unrealized —

BAP CREDICORP LTD 0.3%

Value $38.84M (-14.6%) Shares 99,685 (-25.7%) Est. Cost $286.16 Unrealized —

STRL STERLING INFRASTRUCTURE INC 0.2%

Value $22.44M (+39.6%) Shares 26,737 (-32.3%) Est. Cost $228.72 Unrealized —

RBC RBC BEARINGS INC 0.2%

Value $23.04M (-19.4%) Shares 35,780 (-32.0%) Est. Cost $305.32 Unrealized —

IBN ICICI BANK LIMITED 0.1%

Value $7.03M (-41.9%) Shares 242,180 (-48.1%) Est. Cost $30.25 Unrealized —

VIAV VIAVI SOLUTIONS INC 0.1%

Value $15.06M (-24.4%) Shares 315,300 (-47.3%) Est. Cost $22.97 Unrealized —

IDCC INTERDIGITAL INC 0.1%

Value $9.608M (-31.4%) Shares 33,936 (-26.8%) Est. Cost $282.79 Unrealized —

SUPN SUPERNUS PHARMACEUTICALS INC 0.0%

Value $4.394M (-48.2%) Shares 94,465 (-42.4%) Est. Cost $40.73 Unrealized —

AXSM AXSOME THERAPEUTICS INC 0.0%

Value $5.539M (-42.0%) Shares 22,631 (-60.0%) Est. Cost $119.10 Unrealized —

NVMI NOVA MEASURING INSTRUMENTS L 0.3%

Value $37.04M (+11.3%) Shares 68,212 (-11.0%) Est. Cost $213.83 Unrealized —

MIR MIRION TECHNOLOGIES INC 0.0%

Value $5.036M (-42.6%) Shares 280,861 (-40.5%) Est. Cost $19.92 Unrealized —

PLXS PLEXUS CORP 0.2%

Value $19.04M (+23.7%) Shares 63,317 (-16.6%) Est. Cost $186.06 Unrealized —

MC MOELIS & CO 0.0%

Value $5.022M (-41.3%) Shares 76,770 (-48.9%) Est. Cost $64.61 Unrealized —

RMBS RAMBUS INC DEL 0.1%

Value $8.454M (-29.4%) Shares 63,690 (-54.3%) Est. Cost $98.40 Unrealized —

ICHR ICHOR HOLDINGS 0.1%

Value $15.78M (+27.5%) Shares 140,585 (-47.1%) Est. Cost $34.88 Unrealized —

V VISA INC 0.3%

Value $30.74M (+11.9%) Shares 89,593 (-1.5%) Est. Cost $203.68 Unrealized —

CASY CASEYS GEN STORES INC 0.2%

Value $23.63M (-10.7%) Shares 29,735 (-18.2%) Est. Cost $398.82 Unrealized —

IEFA ISHARES TR 0.9%

Value $107M (-2.6%) Shares 1,103,300 (-8.7%) Est. Cost $79.07 Unrealized —

SCCO SOUTHERN COPPER CORP 0.5%

Value $56.69M (-4.2%) Shares 325,291 (-5.4%) Est. Cost $117.83 Unrealized —

SPXC SPX TECHNOLOGIES INC 0.1%

Value $14.11M (-13.5%) Shares 57,569 (-29.5%) Est. Cost $166.46 Unrealized —

HQY HEALTHEQUITY INC 0.1%

Value $10.92M (-14.9%) Shares 120,911 (-21.3%) Est. Cost $99.10 Unrealized —

LYV LIVE NATION ENTERTAINMENT IN 0.2%

Value $17.51M (+11.4%) Shares 95,649 (-7.2%) Est. Cost $91.17 Unrealized —

RYTM RHYTHM PHARMACEUTICALS INC 0.1%

Value $9.646M (+20.9%) Shares 86,880 (-5.3%) Est. Cost $75.54 Unrealized —

AAOI APPLIED OPTOELECTRONICS INC 0.1%

Value $9.36M (+16.5%) Shares 63,178 (-33.5%) Est. Cost $41.81 Unrealized —

PTGX PROTAGONIST THERAPEUTICS INC 0.1%

Value $10.01M (+11.1%) Shares 81,683 (-4.4%) Est. Cost $51.67 Unrealized —

VSEC VSE CORP 0.2%

Value $18.86M (+5.2%) Shares 82,533 (-15.1%) Est. Cost $124.41 Unrealized —

HDB HDFC BANK LTD 0.0%

Value $3.012M (-21.2%) Shares 116,600 (-24.1%) Est. Cost $48.94 Unrealized —

LFUS LITTELFUSE 0.1%

Value $15.42M (-3.0%) Shares 33,859 (-27.7%) Est. Cost $319.97 Unrealized —

EWT ISHARES INC 0.0%

Value $3.117M (+15.1%) Shares 28,700 (-24.9%) Est. Cost $59.69 Unrealized —

FCFS FIRSTCASH HOLDINGS INC 0.2%

Value $20.96M (+1.9%) Shares 96,899 (-11.4%) Est. Cost $153.28 Unrealized —

NPKI NPK INTERNATIONAL INC 0.1%

Value $11.07M (+3.6%) Shares 695,540 (-5.7%) Est. Cost $13.81 Unrealized —

AGX ARGAN INC 0.1%

Value $14.92M (-2.1%) Shares 18,681 (-33.2%) Est. Cost $202.88 Unrealized —

PLD PROLOGIS INC. 0.5%

Value $54.66M (+0.5%) Shares 403,520 (-1.9%) Est. Cost $113.08 Unrealized —

ROL ROLLINS INC 0.0%

Value $197K (-48.5%) Shares 4,720 (-34.2%) Est. Cost $47.98 Unrealized —

KSA ISHARES TR 0.0%

Value $395K (-19.1%) Shares 10,600 (-13.8%) Est. Cost $40.99 Unrealized —

SHOP SHOPIFY INC 0.0%

Value $105K (-28.0%) Shares 919 (-25.2%) Est. Cost $105.98 Unrealized —

ITUB ITAU UNIBANCO HLDG S A 0.0%

Value $699K (-4.0%) Shares 85,500 (-1.5%) Est. Cost $8.38 Unrealized —

VOR VOR BIOPHARMA INC 0.0%

Value $1.696M (-0.7%) Shares 92,105 (-3.8%) Est. Cost $13.98 Unrealized —

MNST MONSTER BEVERAGE CORP NEW 0.0%

Value $221K (+5.2%) Shares 2,304 (-20.7%) Est. Cost $52.12 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
APH	AMPHENOL CORP NEW	383,520 (-91.0%)	$67.62M (-87.5%)	0.6%	$117.55	—	CL A	032095101
JPM	JPMORGAN CHASE & CO.	1,571,309 (-45.0%)	$514M (-38.8%)	4.5%	$267.97	—	COM	46625H100
GOOGL	ALPHABET INC	3,203,929 (-9.3%)	$1.145B (+12.7%)	9.9%	$256.35	—	CAP STK CL A	02079K305
META	META PLATFORMS INC	30,981 (-86.8%)	$17.45M (-87.0%)	0.2%	$499.27	—	CL A	30303M102
GE	GE AEROSPACE	1,380,572 (-8.8%)	$516M (+20.1%)	4.5%	$239.56	—	COM NEW	369604301
MS	MORGAN STANLEY	2,787,121 (-10.5%)	$583M (+13.7%)	5.0%	$126.04	—	COM NEW	617446448
NVDA	NVIDIA CORPORATION	6,544,722 (-8.4%)	$1.31B (+5.1%)	11.3%	$132.89	—	COM	67066G104
NU	NU HLDGS LTD	530,688 (-86.9%)	$7.09M (-87.8%)	0.1%	$13.70	—	ORD SHS CL A	G6683N103
HSY	HERSHEY CO	202,470 (-46.8%)	$35.52M (-55.1%)	0.3%	$204.74	—	COM	427866108
TJX	TJX COS INC NEW	763,444 (-11.9%)	$116M (-16.4%)	1.0%	$129.12	—	COM	872540109
ENSG	ENSIGN GROUP INC	45,185 (-69.3%)	$7.243M (-75.5%)	0.1%	$117.38	—	COM	29358P101
AVGO	BROADCOM INC	406,798 (-27.7%)	$154M (-11.7%)	1.3%	$268.20	—	COM	11135F101
CTAS	CINTAS CORP	326,280 (-26.8%)	$55.49M (-26.3%)	0.5%	$183.77	—	COM	172908105
FN	FABRINET	2,946 (-92.8%)	$1.656M (-92.2%)	0.0%	$329.28	—	SHS	G3323L100
SF	STIFEL FINL CORP	53,664 (-72.2%)	$3.744M (-73.8%)	0.0%	$88.19	—	COM	860630102
MRCY	MERCURY SYS INC	204,433 (-3.1%)	$25.01M (+62.5%)	0.2%	$58.07	—	COM	589378108
BE	BLOOM ENERGY CORP	73,388 (-22.4%)	$22.21M (+73.4%)	0.2%	$105.07	—	COM CL A	093712107
BBIO	BRIDGEBIO PHARMA INC	76,148 (-61.9%)	$5.672M (-61.8%)	0.0%	$56.71	—	COM	10806X102
GTX	GARRETT MOTION INC	545,495 (-14.6%)	$19.76M (+70.3%)	0.2%	$15.92	—	COM	366505105
GH	GUARDANT HEALTH INC	146,458 (-4.9%)	$21.97M (+54.4%)	0.2%	$89.46	—	COM	40131M109
ATMU	ATMUS FILTRATION TECHNOLOGIE	80,165 (-60.6%)	$4.088M (-64.6%)	0.0%	$48.33	—	COM	04956D107
AEIS	ADVANCED ENERGY INDS	41,546 (-41.1%)	$15.49M (-32.0%)	0.1%	$270.51	—	COM	007973100
BAP	CREDICORP LTD	99,685 (-25.7%)	$38.84M (-14.6%)	0.3%	$286.16	—	COM	G2519Y108
STRL	STERLING INFRASTRUCTURE INC	26,737 (-32.3%)	$22.44M (+39.6%)	0.2%	$228.72	—	COM	859241101
RBC	RBC BEARINGS INC	35,780 (-32.0%)	$23.04M (-19.4%)	0.2%	$305.32	—	COM	75524B104
IBN	ICICI BANK LIMITED	242,180 (-48.1%)	$7.03M (-41.9%)	0.1%	$30.25	—	ADR	45104G104
VIAV	VIAVI SOLUTIONS INC	315,300 (-47.3%)	$15.06M (-24.4%)	0.1%	$22.97	—	COM	925550105
IDCC	INTERDIGITAL INC	33,936 (-26.8%)	$9.608M (-31.4%)	0.1%	$282.79	—	COM	45867G101
SUPN	SUPERNUS PHARMACEUTICALS INC	94,465 (-42.4%)	$4.394M (-48.2%)	0.0%	$40.73	—	COM	868459108
AXSM	AXSOME THERAPEUTICS INC	22,631 (-60.0%)	$5.539M (-42.0%)	0.0%	$119.10	—	COM	05464T104
NVMI	NOVA MEASURING INSTRUMENTS L	68,212 (-11.0%)	$37.04M (+11.3%)	0.3%	$213.83	—	COM	M7516K103
MIR	MIRION TECHNOLOGIES INC	280,861 (-40.5%)	$5.036M (-42.6%)	0.0%	$19.92	—	COM CL A	60471A101
PLXS	PLEXUS CORP	63,317 (-16.6%)	$19.04M (+23.7%)	0.2%	$186.06	—	COM	729132100
MC	MOELIS & CO	76,770 (-48.9%)	$5.022M (-41.3%)	0.0%	$64.61	—	CL A	60786M105
RMBS	RAMBUS INC DEL	63,690 (-54.3%)	$8.454M (-29.4%)	0.1%	$98.40	—	COM	750917106
ICHR	ICHOR HOLDINGS	140,585 (-47.1%)	$15.78M (+27.5%)	0.1%	$34.88	—	SHS	G4740B105
V	VISA INC	89,593 (-1.5%)	$30.74M (+11.9%)	0.3%	$203.68	—	COM CL A	92826C839
CASY	CASEYS GEN STORES INC	29,735 (-18.2%)	$23.63M (-10.7%)	0.2%	$398.82	—	COM	147528103
IEFA	ISHARES TR	1,103,300 (-8.7%)	$107M (-2.6%)	0.9%	$79.07	—	CORE MSCI EAFE	46432F842
SCCO	SOUTHERN COPPER CORP	325,291 (-5.4%)	$56.69M (-4.2%)	0.5%	$117.83	—	COM	84265V105
SPXC	SPX TECHNOLOGIES INC	57,569 (-29.5%)	$14.11M (-13.5%)	0.1%	$166.46	—	COM	78473E103
HQY	HEALTHEQUITY INC	120,911 (-21.3%)	$10.92M (-14.9%)	0.1%	$99.10	—	COM	42226A107
LYV	LIVE NATION ENTERTAINMENT IN	95,649 (-7.2%)	$17.51M (+11.4%)	0.2%	$91.17	—	COM	538034109
RYTM	RHYTHM PHARMACEUTICALS INC	86,880 (-5.3%)	$9.646M (+20.9%)	0.1%	$75.54	—	COM	76243J105
AAOI	APPLIED OPTOELECTRONICS INC	63,178 (-33.5%)	$9.36M (+16.5%)	0.1%	$41.81	—	COM	03823U102
PTGX	PROTAGONIST THERAPEUTICS INC	81,683 (-4.4%)	$10.01M (+11.1%)	0.1%	$51.67	—	COM	74366E102
VSEC	VSE CORP	82,533 (-15.1%)	$18.86M (+5.2%)	0.2%	$124.41	—	COM	918284100
HDB	HDFC BANK LTD	116,600 (-24.1%)	$3.012M (-21.2%)	0.0%	$48.94	—	SPONSORED ADS	40415F101
LFUS	LITTELFUSE	33,859 (-27.7%)	$15.42M (-3.0%)	0.1%	$319.97	—	COM	537008104
EWT	ISHARES INC	28,700 (-24.9%)	$3.117M (+15.1%)	0.0%	$59.69	—	MSCI TAIWAN ETF	46434G772
FCFS	FIRSTCASH HOLDINGS INC	96,899 (-11.4%)	$20.96M (+1.9%)	0.2%	$153.28	—	COM	33768G107
NPKI	NPK INTERNATIONAL INC	695,540 (-5.7%)	$11.07M (+3.6%)	0.1%	$13.81	—	COM SHS	651718504
AGX	ARGAN INC	18,681 (-33.2%)	$14.92M (-2.1%)	0.1%	$202.88	—	COM	04010E109
PLD	PROLOGIS INC.	403,520 (-1.9%)	$54.66M (+0.5%)	0.5%	$113.08	—	COM	74340W103
ROL	ROLLINS INC	4,720 (-34.2%)	$197K (-48.5%)	0.0%	$47.98	—	COM	775711104
KSA	ISHARES TR	10,600 (-13.8%)	$395K (-19.1%)	0.0%	$40.99	—	MSCI SAUDI ARBIA	46434V423
SHOP	SHOPIFY INC	919 (-25.2%)	$105K (-28.0%)	0.0%	$105.98	—	CL A	82509L107
ITUB	ITAU UNIBANCO HLDG S A	85,500 (-1.5%)	$699K (-4.0%)	0.0%	$8.38	—	SPON ADR REP PFD	465562106
VOR	VOR BIOPHARMA INC	92,105 (-3.8%)	$1.696M (-0.7%)	0.0%	$13.98	—	COM NEW	929033207
MNST	MONSTER BEVERAGE CORP NEW	2,304 (-20.7%)	$221K (+5.2%)	0.0%	$52.12	—	COM	61174X109

Unchanged Positions (5)

TER TERADYNE INC 1.1%

Value $122M Shares 251,481 Est. Cost $265.87 Unrealized —

AER AERCAP HOLDINGS NV 0.9%

Value $100M Shares 686,423 Est. Cost $135.41 Unrealized —

HEI HEICO CORP NEW 0.1%

Value $8.171M Shares 22,939 Est. Cost $302.43 Unrealized —

TSLA TESLA INC 0.1%

Value $16.71M Shares 39,734 Est. Cost $248.65 Unrealized —

FWONK LIBERTY MEDIA CORP DEL 0.0%

Value $264K Shares 2,775 Est. Cost $90.80 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TER	TERADYNE INC	251,481	$122M	1.1%	$265.87	—	COM	880770102
AER	AERCAP HOLDINGS NV	686,423	$100M	0.9%	$135.41	—	SHS	N00985106
HEI	HEICO CORP NEW	22,939	$8.171M	0.1%	$302.43	—	COM	422806109
TSLA	TESLA INC	39,734	$16.71M	0.1%	$248.65	—	COM	88160R101
FWONK	LIBERTY MEDIA CORP DEL	2,775	$264K	0.0%	$90.80	—	COM LBTY ONE S C	531229755