TODD ASSET MANAGEMENT LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TTE	TOTALENERGIES SE	1,111,295	$72,687	1.4%	$63.23	0.0%	ACT	F92124100
C	CITIGROUP INC	246,314	$28,742	0.6%	$103.64	0.0%	COM NEW	172967424
TKO	TKO GROUP HOLDINGS INC	125,120	$26,150	0.5%	$193.76	0.0%	CL A	87256C101
APTV	APTIV PLC	343,261	$26,119	0.5%	$80.28	0.0%	COM SHS	G3265R107
OMC	OMNICOM GROUP INC	315,693	$25,492	0.5%	$75.76	0.0%	COM	681919106
CCK	CROWN HLDGS INC	240,231	$24,737	0.5%	$97.34	0.0%	COM	228368106
GL	GLOBE LIFE INC	176,292	$24,656	0.5%	$135.45	0.0%	COM	37959E102
NFLX	NETFLIX INC	210,430	$19,730	0.4%	$107.81	0.0%	COM	64110L106
UL	UNILEVER PLC	108,172	$7,074	0.1%	$65.40	—	SPON ADR NEW	904767803
GFI	GOLD FIELDS LTD	113,185	$4,942	0.1%	$43.66	—	SPONSORED ADR	38059T106
SSRM	SSR MINING IN	187,131	$4,102	0.1%	$22.26	0.0%	COM	784730103
MUB	ISHARES TR	15,648	$1,676	0.0%	$107.11	—	NATIONAL MUN ETF	464288414
CWI	SPDR INDEX SHS FDS	11,272	$405	0.0%	$35.92	—	MSCI ACWI EXUS	78463X848
LLY	ELI LILLY & CO	203	$218	0.0%	$955.55	0.0%	COM	532457108

Increased Positions (48)

VALE VALE S A 1.6%

Value ($000) $81,301 (+81.9%) Shares 6,239,516 (+51.6%) Est. Cost $12.80 Unrealized —

CB CHUBB LIMITED 1.6%

Value ($000) $80,734 (+52.4%) Shares 258,656 (+37.8%) Est. Cost $246.65 Unrealized +18.5%

AKAM AKAMAI TECHNOLOGIES INC 0.7%

Value ($000) $37,513 (+88.7%) Shares 429,949 (+63.8%) Est. Cost $87.68 Unrealized -6.2%

NRG NRG ENERGY INC 0.8%

Value ($000) $41,180 (+73.0%) Shares 258,602 (+76.0%) Est. Cost $114.83 Unrealized +44.0%

FTI TECHNIPFMC PLC 0.7%

Value ($000) $36,800 (+71.9%) Shares 825,835 (+52.2%) Est. Cost $38.47 Unrealized +9.7%

CSCO CISCO SYS INC 1.2%

Value ($000) $62,797 (+29.4%) Shares 815,227 (+15.0%) Est. Cost $68.04 Unrealized +8.5%

TXT TEXTRON INC 0.7%

Value ($000) $38,119 (+58.9%) Shares 437,300 (+54.1%) Est. Cost $81.12 Unrealized +3.1%

BK BANK NEW YORK MELLON CORP 0.8%

Value ($000) $43,069 (+46.5%) Shares 370,998 (+37.5%) Est. Cost $98.25 Unrealized +12.5%

SAN BANCO SANTANDER SA 1.7%

Value ($000) $89,505 (+14.8%) Shares 7,630,413 (+2.6%) Est. Cost $4.07 Unrealized —

CFG CITIZENS FINL GROUP INC 1.1%

Value ($000) $57,914 (+21.5%) Shares 991,510 (+10.6%) Est. Cost $31.74 Unrealized +68.8%

GEN GEN DIGITAL INC 0.8%

Value ($000) $42,092 (+27.9%) Shares 1,548,083 (+33.5%) Est. Cost $26.96 Unrealized -0.4%

GILD GILEAD SCIENCES INC 1.4%

Value ($000) $71,653 (+12.4%) Shares 583,779 (+1.6%) Est. Cost $102.20 Unrealized +18.3%

MDT MEDTRONIC PLC 1.4%

Value ($000) $73,698 (+11.9%) Shares 767,205 (+10.9%) Est. Cost $87.72 Unrealized +10.7%

ZTO ZTO EXPRESS CAYMAN INC 0.7%

Value ($000) $35,451 (+28.2%) Shares 1,697,019 (+17.8%) Est. Cost $22.73 Unrealized —

T AT&T INC 0.9%

Value ($000) $47,773 (-9.6%) Shares 1,923,211 (+2.7%) Est. Cost $26.41 Unrealized -4.3%

JBL JABIL INC 1.5%

Value ($000) $76,696 (+7.0%) Shares 336,356 (+1.9%) Est. Cost $96.56 Unrealized +120.9%

AIG AMERICAN INTL GROUP INC 0.5%

Value ($000) $26,432 (+22.9%) Shares 308,961 (+12.9%) Est. Cost $70.94 Unrealized +12.3%

SNN SMITH & NEPHEW PLC 0.6%

Value ($000) $30,992 (+17.8%) Shares 944,578 (+30.2%) Est. Cost $35.48 Unrealized —

ADBE ADOBE INC 0.5%

Value ($000) $25,208 (+16.6%) Shares 72,026 (+17.5%) Est. Cost $378.57 Unrealized -10.2%

WFC WELLS FARGO CO NEW 0.5%

Value ($000) $27,736 (+13.8%) Shares 297,601 (+2.4%) Est. Cost $57.44 Unrealized +50.8%

MGM MGM RESORTS INTERNATIONAL 0.5%

Value ($000) $25,890 (+15.0%) Shares 709,520 (+9.2%) Est. Cost $31.90 Unrealized +6.4%

KR KROGER CO 1.3%

Value ($000) $65,223 (-4.3%) Shares 1,043,894 (+3.3%) Est. Cost $58.31 Unrealized +11.8%

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $4,110 (+222.2%) Shares 6,027 (+214.7%) Est. Cost $651.47 Unrealized —

ACWX ISHARES TR 0.1%

Value ($000) $5,027 (+104.2%) Shares 74,889 (+97.8%) Est. Cost $62.25 Unrealized —

VIPS VIPSHOP HLDGS LTD 1.0%

Value ($000) $48,946 (-4.7%) Shares 2,766,841 (+5.8%) Est. Cost $17.01 Unrealized —

RCL ROYAL CARIBBEAN GROUP 0.4%

Value ($000) $21,590 (-10.0%) Shares 77,407 (+4.4%) Est. Cost $155.18 Unrealized +81.5%

BKNG BOOKING HOLDINGS INC 1.3%

Value ($000) $66,000 (+3.7%) Shares 12,324 (+4.6%) Est. Cost $4389.31 Unrealized +17.1%

KT KT CORP 0.1%

Value ($000) $4,905 (+27.0%) Shares 258,570 (+30.6%) Est. Cost $13.28 Unrealized —

NVO NOVO-NORDISK A S 0.1%

Value ($000) $4,240 (+24.5%) Shares 83,329 (+35.8%) Est. Cost $63.86 Unrealized —

DVA DAVITA INC 0.4%

Value ($000) $21,163 (-3.1%) Shares 186,274 (+13.3%) Est. Cost $135.46 Unrealized -10.2%

ITUB ITAU UNIBANCO HLDG S A 0.9%

Value ($000) $44,725 (-1.1%) Shares 6,246,550 (+1.4%) Est. Cost $6.71 Unrealized —

SKM SK TELECOM CO LTD 0.1%

Value ($000) $4,575 (+12.4%) Shares 222,868 (+18.2%) Est. Cost $21.40 Unrealized —

BP BP PLC 0.1%

Value ($000) $4,891 (+7.7%) Shares 140,833 (+6.9%) Est. Cost $30.68 Unrealized —

TXRH TEXAS ROADHOUSE INC 0.0%

Value ($000) $2,419 (+13.6%) Shares 14,572 (+13.7%) Est. Cost $70.56 Unrealized +139.2%

ALV AUTOLIV INC 0.1%

Value ($000) $4,675 (+5.6%) Shares 39,388 (+9.8%) Est. Cost $96.43 Unrealized +23.8%

BNS BANK NOVA SCOTIA HALIFAX 0.0%

Value ($000) $1,419 (+16.5%) Shares 19,250 (+2.2%) Est. Cost $45.65 Unrealized +48.9%

LNC LINCOLN NATL CORP IND 0.0%

Value ($000) $1,755 (+12.8%) Shares 39,402 (+2.2%) Est. Cost $22.06 Unrealized +86.7%

XOM EXXON MOBIL CORP 0.0%

Value ($000) $2,324 (+7.8%) Shares 19,314 (+1.0%) Est. Cost $99.90 Unrealized +15.6%

MSFT MICROSOFT CORP 0.1%

Value ($000) $5,795 (-2.6%) Shares 11,983 (+4.4%) Est. Cost $79.13 Unrealized +532.6%

ALKS ALKERMES PLC 0.0%

Value ($000) $471 (+27.2%) Shares 16,845 (+36.4%) Est. Cost $28.63 Unrealized +4.6%

OHI OMEGA HEALTHCARE INVS INC 0.0%

Value ($000) $1,310 (+7.6%) Shares 29,536 (+2.4%) Est. Cost $31.40 Unrealized —

MGA MAGNA INTL INC 0.0%

Value ($000) $496 (+21.4%) Shares 9,307 (+7.9%) Est. Cost $44.21 Unrealized +10.5%

TFC TRUIST FINL CORP 0.0%

Value ($000) $955 (+10.0%) Shares 19,402 (+2.2%) Est. Cost $33.65 Unrealized +36.1%

AEG AEGON LTD 0.1%

Value ($000) $4,680 (-1.8%) Shares 607,018 (+1.8%) Est. Cost $6.67 Unrealized —

BMY BRISTOL-MYERS SQUIBB CO 0.0%

Value ($000) $339 (+29.1%) Shares 6,287 (+7.9%) Est. Cost $52.24 Unrealized -9.0%

NGG NATIONAL GRID PLC 0.0%

Value ($000) $386 (+14.9%) Shares 4,994 (+8.0%) Est. Cost $66.48 Unrealized —

HBAN HUNTINGTON BANCSHARES INC 0.0%

Value ($000) $936 (+2.7%) Shares 53,931 (+2.2%) Est. Cost $11.11 Unrealized +46.6%

ITW ILLINOIS TOOL WKS INC 0.0%

Value ($000) $875 (-0.9%) Shares 3,552 (+4.9%) Est. Cost $91.42 Unrealized +170.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VALE	VALE S A	6,239,516 (+51.6%)	$81,301 (+81.9%)	1.6%	$12.80	—	SPONSORED ADS	91912E105
CB	CHUBB LIMITED	258,656 (+37.8%)	$80,734 (+52.4%)	1.6%	$246.65	+18.5%	COM	H1467J104
AKAM	AKAMAI TECHNOLOGIES INC	429,949 (+63.8%)	$37,513 (+88.7%)	0.7%	$87.68	-6.2%	COM	00971T101
NRG	NRG ENERGY INC	258,602 (+76.0%)	$41,180 (+73.0%)	0.8%	$114.83	+44.0%	COM NEW	629377508
FTI	TECHNIPFMC PLC	825,835 (+52.2%)	$36,800 (+71.9%)	0.7%	$38.47	+9.7%	COM	G87110105
CSCO	CISCO SYS INC	815,227 (+15.0%)	$62,797 (+29.4%)	1.2%	$68.04	+8.5%	COM	17275R102
TXT	TEXTRON INC	437,300 (+54.1%)	$38,119 (+58.9%)	0.7%	$81.12	+3.1%	COM	883203101
BK	BANK NEW YORK MELLON CORP	370,998 (+37.5%)	$43,069 (+46.5%)	0.8%	$98.25	+12.5%	COM	064058100
SAN	BANCO SANTANDER SA	7,630,413 (+2.6%)	$89,505 (+14.8%)	1.7%	$4.07	—	ADR	05964H105
CFG	CITIZENS FINL GROUP INC	991,510 (+10.6%)	$57,914 (+21.5%)	1.1%	$31.74	+68.8%	COM	174610105
GEN	GEN DIGITAL INC	1,548,083 (+33.5%)	$42,092 (+27.9%)	0.8%	$26.96	-0.4%	COM	668771108
GILD	GILEAD SCIENCES INC	583,779 (+1.6%)	$71,653 (+12.4%)	1.4%	$102.20	+18.3%	COM	375558103
MDT	MEDTRONIC PLC	767,205 (+10.9%)	$73,698 (+11.9%)	1.4%	$87.72	+10.7%	SHS	G5960L103
ZTO	ZTO EXPRESS CAYMAN INC	1,697,019 (+17.8%)	$35,451 (+28.2%)	0.7%	$22.73	—	SPONSORED ADS A	98980A105
T	AT&T INC	1,923,211 (+2.7%)	$47,773 (-9.6%)	0.9%	$26.41	-4.3%	COM	00206R102
JBL	JABIL INC	336,356 (+1.9%)	$76,696 (+7.0%)	1.5%	$96.56	+120.9%	COM	466313103
AIG	AMERICAN INTL GROUP INC	308,961 (+12.9%)	$26,432 (+22.9%)	0.5%	$70.94	+12.3%	COM NEW	026874784
SNN	SMITH & NEPHEW PLC	944,578 (+30.2%)	$30,992 (+17.8%)	0.6%	$35.48	—	SPDN ADR NEW	83175M205
ADBE	ADOBE INC	72,026 (+17.5%)	$25,208 (+16.6%)	0.5%	$378.57	-10.2%	COM	00724F101
WFC	WELLS FARGO CO NEW	297,601 (+2.4%)	$27,736 (+13.8%)	0.5%	$57.44	+50.8%	COM	949746101
MGM	MGM RESORTS INTERNATIONAL	709,520 (+9.2%)	$25,890 (+15.0%)	0.5%	$31.90	+6.4%	COM	552953101
KR	KROGER CO	1,043,894 (+3.3%)	$65,223 (-4.3%)	1.3%	$58.31	+11.8%	COM	501044101
SPY	SPDR S&P 500 ETF TR	6,027 (+214.7%)	$4,110 (+222.2%)	0.1%	$651.47	—	TR UNIT	78462F103
ACWX	ISHARES TR	74,889 (+97.8%)	$5,027 (+104.2%)	0.1%	$62.25	—	MSCI ACWI EX US	464288240
VIPS	VIPSHOP HLDGS LTD	2,766,841 (+5.8%)	$48,946 (-4.7%)	1.0%	$17.01	—	SPONSORED ADS A	92763W103
RCL	ROYAL CARIBBEAN GROUP	77,407 (+4.4%)	$21,590 (-10.0%)	0.4%	$155.18	+81.5%	COM	V7780T103
BKNG	BOOKING HOLDINGS INC	12,324 (+4.6%)	$66,000 (+3.7%)	1.3%	$4389.31	+17.1%	COM	09857L108
KT	KT CORP	258,570 (+30.6%)	$4,905 (+27.0%)	0.1%	$13.28	—	SPONSORED ADR	48268K101
NVO	NOVO-NORDISK A S	83,329 (+35.8%)	$4,240 (+24.5%)	0.1%	$63.86	—	ADR	670100205
DVA	DAVITA INC	186,274 (+13.3%)	$21,163 (-3.1%)	0.4%	$135.46	-10.2%	COM	23918K108
ITUB	ITAU UNIBANCO HLDG S A	6,246,550 (+1.4%)	$44,725 (-1.1%)	0.9%	$6.71	—	SPON ADR REP PFD	465562106
SKM	SK TELECOM CO LTD	222,868 (+18.2%)	$4,575 (+12.4%)	0.1%	$21.40	—	SPONSORED ADR	78440P306
BP	BP PLC	140,833 (+6.9%)	$4,891 (+7.7%)	0.1%	$30.68	—	SPONSORED ADR	055622104
TXRH	TEXAS ROADHOUSE INC	14,572 (+13.7%)	$2,419 (+13.6%)	0.0%	$70.56	+139.2%	COM	882681109
ALV	AUTOLIV INC	39,388 (+9.8%)	$4,675 (+5.6%)	0.1%	$96.43	+23.8%	COM	052800109
BNS	BANK NOVA SCOTIA HALIFAX	19,250 (+2.2%)	$1,419 (+16.5%)	0.0%	$45.65	+48.9%	COM	064149107
LNC	LINCOLN NATL CORP IND	39,402 (+2.2%)	$1,755 (+12.8%)	0.0%	$22.06	+86.7%	COM	534187109
XOM	EXXON MOBIL CORP	19,314 (+1.0%)	$2,324 (+7.8%)	0.0%	$99.90	+15.6%	COM	30231G102
MSFT	MICROSOFT CORP	11,983 (+4.4%)	$5,795 (-2.6%)	0.1%	$79.13	+532.6%	COM	594918104
ALKS	ALKERMES PLC	16,845 (+36.4%)	$471 (+27.2%)	0.0%	$28.63	+4.6%	SHS	G01767105
OHI	OMEGA HEALTHCARE INVS INC	29,536 (+2.4%)	$1,310 (+7.6%)	0.0%	$31.40	—	COM	681936100
MGA	MAGNA INTL INC	9,307 (+7.9%)	$496 (+21.4%)	0.0%	$44.21	+10.5%	COM	559222401
TFC	TRUIST FINL CORP	19,402 (+2.2%)	$955 (+10.0%)	0.0%	$33.65	+36.1%	COM	89832Q109
AEG	AEGON LTD	607,018 (+1.8%)	$4,680 (-1.8%)	0.1%	$6.67	—	AMER REG 1 CERT	0076CA104
BMY	BRISTOL-MYERS SQUIBB CO	6,287 (+7.9%)	$339 (+29.1%)	0.0%	$52.24	-9.0%	COM	110122108
NGG	NATIONAL GRID PLC	4,994 (+8.0%)	$386 (+14.9%)	0.0%	$66.48	—	SPONSORED ADR NE	636274409
HBAN	HUNTINGTON BANCSHARES INC	53,931 (+2.2%)	$936 (+2.7%)	0.0%	$11.11	+46.6%	COM	446150104
ITW	ILLINOIS TOOL WKS INC	3,552 (+4.9%)	$875 (-0.9%)	0.0%	$91.42	+170.8%	COM	452308109

Exited Positions (15)

— TOTALENERGIES SE 1.3%

Value ($000) $66,155 Shares 1,108,303 Est. Cost $58.23 Unrealized —

FISV FISERV INC 0.6%

Value ($000) $29,914 Shares 232,016 Est. Cost $159.15 Unrealized -47.3%

CBRE CBRE GROUP INC 0.5%

Value ($000) $26,403 Shares 167,573 Est. Cost $154.70 Unrealized +1.6%

— INTERPUBLIC GROUP COS INC 0.5%

Value ($000) $26,367 Shares 944,731 Est. Cost $26.42 Unrealized -1.7%

FOXA FOX CORP 0.5%

Value ($000) $26,200 Shares 415,479 Est. Cost $29.74 Unrealized +119.7%

TMUS T-MOBILE US INC 0.5%

Value ($000) $23,319 Shares 97,414 Est. Cost $241.46 Unrealized -12.5%

EMN EASTMAN CHEM CO 0.5%

Value ($000) $23,200 Shares 367,967 Est. Cost $85.83 Unrealized -28.9%

PAYC PAYCOM SOFTWARE INC 0.4%

Value ($000) $21,281 Shares 102,243 Est. Cost $224.53 Unrealized -21.2%

— UNILEVER PLC 0.2%

Value ($000) $8,024 Shares 135,363 Est. Cost $58.32 Unrealized —

IAG IAMGOLD CORP 0.1%

Value ($000) $7,656 Shares 592,091 Est. Cost $6.56 Unrealized +114.8%

KGC KINROSS GOLD CORP 0.1%

Value ($000) $6,768 Shares 272,359 Est. Cost $10.12 Unrealized +156.7%

PFE PFIZER INC 0.0%

Value ($000) $705 Shares 27,653 Est. Cost $25.71 Unrealized -2.6%

— EATON VANCE MUN BD FD 0.0%

Value ($000) $227 Shares 22,829 Est. Cost $9.95 Unrealized —

CARR CARRIER GLOBAL CORPORATION 0.0%

Value ($000) $226 Shares 3,785 Est. Cost $53.44 Unrealized +3.9%

SYK STRYKER CORPORATION 0.0%

Value ($000) $201 Shares 545 Est. Cost $377.08 Unrealized -3.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	TOTALENERGIES SE	1,108,303	$66,155	1.3%	$58.23	—	—	89151E109
FISV	FISERV INC	232,016	$29,914	0.6%	$159.15	-47.3%	—	337738108
CBRE	CBRE GROUP INC	167,573	$26,403	0.5%	$154.70	+1.6%	—	12504L109
—	INTERPUBLIC GROUP COS INC	944,731	$26,367	0.5%	$26.42	-1.7%	—	460690100
FOXA	FOX CORP	415,479	$26,200	0.5%	$29.74	+119.7%	—	35137L105
TMUS	T-MOBILE US INC	97,414	$23,319	0.5%	$241.46	-12.5%	—	872590104
EMN	EASTMAN CHEM CO	367,967	$23,200	0.5%	$85.83	-28.9%	—	277432100
PAYC	PAYCOM SOFTWARE INC	102,243	$21,281	0.4%	$224.53	-21.2%	—	70432V102
—	UNILEVER PLC	135,363	$8,024	0.2%	$58.32	—	—	904767704
IAG	IAMGOLD CORP	592,091	$7,656	0.1%	$6.56	+114.8%	—	450913108
KGC	KINROSS GOLD CORP	272,359	$6,768	0.1%	$10.12	+156.7%	—	496902404
PFE	PFIZER INC	27,653	$705	0.0%	$25.71	-2.6%	—	717081103
—	EATON VANCE MUN BD FD	22,829	$227	0.0%	$9.95	—	—	27827X101
CARR	CARRIER GLOBAL CORPORATION	3,785	$226	0.0%	$53.44	+3.9%	—	14448C104
SYK	STRYKER CORPORATION	545	$201	0.0%	$377.08	-3.6%	—	863667101

Decreased Positions (53)

TEVA TEVA PHARMACEUTICAL INDS LTD 2.3%

Value ($000) $117,885 (+44.6%) Shares 3,777,137 (-6.4%) Est. Cost $20.21 Unrealized —

PSX PHILLIPS 66 0.0%

Value ($000) $1,266 (-95.5%) Shares 9,811 (-95.2%) Est. Cost $92.64 Unrealized +44.7%

MAS MASCO CORP 0.7%

Value ($000) $34,268 (-41.1%) Shares 539,991 (-34.7%) Est. Cost $62.18 Unrealized +4.1%

ORCL ORACLE CORP 0.4%

Value ($000) $18,879 (-51.1%) Shares 96,859 (-29.5%) Est. Cost $103.00 Unrealized +131.1%

PGR PROGRESSIVE CORP 0.4%

Value ($000) $20,250 (-46.4%) Shares 88,925 (-41.9%) Est. Cost $150.98 Unrealized +40.6%

AZO AUTOZONE INC 0.4%

Value ($000) $20,850 (-45.2%) Shares 6,148 (-30.6%) Est. Cost $1169.31 Unrealized +223.1%

JD JD.COM INC 0.5%

Value ($000) $25,459 (-34.8%) Shares 887,059 (-20.6%) Est. Cost $34.95 Unrealized —

NWG NATWEST GROUP PLC 1.4%

Value ($000) $74,177 (+22.0%) Shares 4,238,670 (-1.4%) Est. Cost $6.95 Unrealized —

SONY SONY GROUP CORP 0.4%

Value ($000) $21,329 (-38.1%) Shares 833,175 (-30.4%) Est. Cost $30.17 Unrealized —

DELL DELL TECHNOLOGIES INC 0.9%

Value ($000) $43,819 (-22.3%) Shares 348,103 (-12.4%) Est. Cost $70.63 Unrealized +99.3%

VZ VERIZON COMMUNICATIONS INC 0.4%

Value ($000) $18,982 (-38.0%) Shares 466,054 (-33.1%) Est. Cost $35.13 Unrealized +15.2%

DOX AMDOCS LTD 0.6%

Value ($000) $28,927 (-28.2%) Shares 359,286 (-26.9%) Est. Cost $88.03 Unrealized -9.3%

BABA ALIBABA GROUP HLDG LTD 0.9%

Value ($000) $48,228 (-19.1%) Shares 329,018 (-1.3%) Est. Cost $89.75 Unrealized —

AER AERCAP HOLDINGS NV 1.5%

Value ($000) $75,436 (+16.8%) Shares 524,728 (-1.7%) Est. Cost $60.37 Unrealized +119.4%

AMP AMERIPRISE FINL INC 0.8%

Value ($000) $39,212 (-19.3%) Shares 79,968 (-19.2%) Est. Cost $300.00 Unrealized +57.9%

BCS BARCLAYS PLC 1.5%

Value ($000) $79,553 (+9.5%) Shares 3,125,853 (-11.1%) Est. Cost $9.11 Unrealized —

PDD PDD HOLDINGS INC 0.7%

Value ($000) $35,411 (-15.9%) Shares 312,283 (-1.9%) Est. Cost $126.66 Unrealized —

DB DEUTSCHE BANK A G 0.1%

Value ($000) $5,184 (-56.0%) Shares 134,444 (-60.5%) Est. Cost $34.09 Unrealized +5.9%

LEN LENNAR CORP 0.4%

Value ($000) $19,793 (-24.9%) Shares 192,542 (-8.0%) Est. Cost $123.58 Unrealized -2.3%

NTES NETEASE INC 0.9%

Value ($000) $46,308 (-10.4%) Shares 336,485 (-1.0%) Est. Cost $100.39 Unrealized —

BBY BEST BUY INC 0.4%

Value ($000) $21,682 (-19.3%) Shares 323,951 (-8.8%) Est. Cost $68.68 Unrealized +9.9%

IX ORIX CORP 1.0%

Value ($000) $53,403 (+10.7%) Shares 1,827,626 (-1.0%) Est. Cost $33.80 Unrealized —

CMI CUMMINS INC 1.2%

Value ($000) $62,668 (+7.9%) Shares 122,771 (-10.7%) Est. Cost $209.69 Unrealized +122.4%

ING ING GROEP N.V. 1.5%

Value ($000) $77,384 (+6.1%) Shares 2,763,710 (-1.1%) Est. Cost $12.40 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 1.2%

Value ($000) $62,235 (+7.4%) Shares 204,789 (-1.3%) Est. Cost $103.35 Unrealized —

NTAP NETAPP INC 0.4%

Value ($000) $22,170 (-14.6%) Shares 207,024 (-5.6%) Est. Cost $93.51 Unrealized +21.5%

FMS FRESENIUS MEDICAL CARE AG 0.6%

Value ($000) $30,651 (-10.7%) Shares 1,286,763 (-1.3%) Est. Cost $27.10 Unrealized —

GM GENERAL MTRS CO 0.6%

Value ($000) $32,486 (+12.6%) Shares 399,488 (-15.6%) Est. Cost $45.46 Unrealized +54.9%

NVS NOVARTIS AG 1.2%

Value ($000) $59,871 (+6.1%) Shares 434,246 (-1.3%) Est. Cost $101.89 Unrealized —

PBR PETROLEO BRASILEIRO SA PETRO 0.7%

Value ($000) $36,257 (-8.7%) Shares 3,059,639 (-2.5%) Est. Cost $14.12 Unrealized —

EXPE EXPEDIA GROUP INC 0.6%

Value ($000) $32,403 (+10.5%) Shares 114,374 (-16.6%) Est. Cost $138.78 Unrealized +77.9%

STT STATE STR CORP 0.5%

Value ($000) $27,911 (+9.0%) Shares 216,346 (-1.9%) Est. Cost $72.32 Unrealized +64.5%

DLR DIGITAL RLTY TR INC 0.3%

Value ($000) $13,451 (-13.5%) Shares 86,945 (-3.3%) Est. Cost $151.63 Unrealized +7.6%

MFC MANULIFE FINL CORP 0.9%

Value ($000) $45,031 (+3.9%) Shares 1,241,208 (-10.8%) Est. Cost $28.48 Unrealized +19.2%

NVDA NVIDIA CORPORATION 0.1%

Value ($000) $3,732 (-29.1%) Shares 20,010 (-29.0%) Est. Cost $94.27 Unrealized +97.5%

CRH CRH PLC 1.1%

Value ($000) $58,131 (+2.6%) Shares 465,787 (-1.4%) Est. Cost $54.36 Unrealized +119.1%

INCY INCYTE CORP 0.5%

Value ($000) $27,998 (-4.3%) Shares 283,463 (-17.8%) Est. Cost $58.13 Unrealized +66.4%

MUFG MITSUBISHI UFJ FINL GROUP IN 1.3%

Value ($000) $64,284 (-1.9%) Shares 4,053,197 (-1.4%) Est. Cost $6.07 Unrealized —

RL RALPH LAUREN CORP 0.5%

Value ($000) $27,669 (+3.9%) Shares 78,247 (-7.9%) Est. Cost $171.51 Unrealized +98.2%

HCA HCA HEALTHCARE INC 1.0%

Value ($000) $52,921 (+1.9%) Shares 113,354 (-7.0%) Est. Cost $268.03 Unrealized +73.0%

SLF SUN LIFE FINANCIAL INC. 0.8%

Value ($000) $40,943 (+1.6%) Shares 656,126 (-2.3%) Est. Cost $42.93 Unrealized +40.7%

SNY SANOFI SA 0.7%

Value ($000) $33,400 (+1.2%) Shares 689,227 (-1.4%) Est. Cost $51.23 Unrealized —

UAL UNITED AIRLS HLDGS INC 0.6%

Value ($000) $28,852 (+1.4%) Shares 258,019 (-12.5%) Est. Cost $73.67 Unrealized +37.2%

GIS GENERAL MLS INC 0.0%

Value ($000) $1,337 (-16.1%) Shares 28,742 (-9.1%) Est. Cost $51.51 Unrealized -7.9%

PRGO PERRIGO CO PLC 0.0%

Value ($000) $142 (-57.8%) Shares 10,191 (-32.5%) Est. Cost $24.45 Unrealized -31.8%

JAZZ JAZZ PHARMACEUTICALS PLC 0.0%

Value ($000) $709 (+27.5%) Shares 4,170 (-1.1%) Est. Cost $119.94 Unrealized +27.8%

COP CONOCOPHILLIPS 0.0%

Value ($000) $959 (-13.4%) Shares 10,244 (-12.5%) Est. Cost $97.00 Unrealized -7.2%

CVX CHEVRON CORP NEW 0.0%

Value ($000) $2,229 (-5.2%) Shares 14,628 (-3.4%) Est. Cost $103.68 Unrealized +46.0%

KLAC KLA CORP 1.1%

Value ($000) $54,844 (-0.2%) Shares 45,136 (-11.4%) Est. Cost $467.96 Unrealized +150.4%

MPC MARATHON PETE CORP 0.0%

Value ($000) $308 (-17.6%) Shares 1,896 (-2.3%) Est. Cost $109.92 Unrealized +69.6%

PHG KONINKLIJKE PHILIPS N V 0.0%

Value ($000) $579 (-7.2%) Shares 21,387 (-6.6%) Est. Cost $21.05 Unrealized —

FLEX FLEX LTD 0.0%

Value ($000) $1,409 (-3.0%) Shares 23,328 (-6.9%) Est. Cost $26.58 Unrealized +132.4%

JCI JOHNSON CTLS INTL PLC 0.0%

Value ($000) $449 (+1.8%) Shares 3,749 (-6.5%) Est. Cost $57.92 Unrealized +98.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TEVA	TEVA PHARMACEUTICAL INDS LTD	3,777,137 (-6.4%)	$117,885 (+44.6%)	2.3%	$20.21	—	SPONSORED ADS	881624209
PSX	PHILLIPS 66	9,811 (-95.2%)	$1,266 (-95.5%)	0.0%	$92.64	+44.7%	COM	718546104
MAS	MASCO CORP	539,991 (-34.7%)	$34,268 (-41.1%)	0.7%	$62.18	+4.1%	COM	574599106
ORCL	ORACLE CORP	96,859 (-29.5%)	$18,879 (-51.1%)	0.4%	$103.00	+131.1%	COM	68389X105
PGR	PROGRESSIVE CORP	88,925 (-41.9%)	$20,250 (-46.4%)	0.4%	$150.98	+40.6%	COM	743315103
AZO	AUTOZONE INC	6,148 (-30.6%)	$20,850 (-45.2%)	0.4%	$1169.31	+223.1%	COM	053332102
JD	JD.COM INC	887,059 (-20.6%)	$25,459 (-34.8%)	0.5%	$34.95	—	SPON ADS CL A	47215P106
NWG	NATWEST GROUP PLC	4,238,670 (-1.4%)	$74,177 (+22.0%)	1.4%	$6.95	—	SPONS ADR	639057207
SONY	SONY GROUP CORP	833,175 (-30.4%)	$21,329 (-38.1%)	0.4%	$30.17	—	SPONSORED ADR	835699307
DELL	DELL TECHNOLOGIES INC	348,103 (-12.4%)	$43,819 (-22.3%)	0.9%	$70.63	+99.3%	CL C	24703L202
VZ	VERIZON COMMUNICATIONS INC	466,054 (-33.1%)	$18,982 (-38.0%)	0.4%	$35.13	+15.2%	COM	92343V104
DOX	AMDOCS LTD	359,286 (-26.9%)	$28,927 (-28.2%)	0.6%	$88.03	-9.3%	SHS	G02602103
BABA	ALIBABA GROUP HLDG LTD	329,018 (-1.3%)	$48,228 (-19.1%)	0.9%	$89.75	—	SPONSORED ADS	01609W102
AER	AERCAP HOLDINGS NV	524,728 (-1.7%)	$75,436 (+16.8%)	1.5%	$60.37	+119.4%	SHS	N00985106
AMP	AMERIPRISE FINL INC	79,968 (-19.2%)	$39,212 (-19.3%)	0.8%	$300.00	+57.9%	COM	03076C106
BCS	BARCLAYS PLC	3,125,853 (-11.1%)	$79,553 (+9.5%)	1.5%	$9.11	—	ADR	06738E204
PDD	PDD HOLDINGS INC	312,283 (-1.9%)	$35,411 (-15.9%)	0.7%	$126.66	—	SPONSORED ADS	722304102
DB	DEUTSCHE BANK A G	134,444 (-60.5%)	$5,184 (-56.0%)	0.1%	$34.09	+5.9%	NAMEN AKT	D18190898
LEN	LENNAR CORP	192,542 (-8.0%)	$19,793 (-24.9%)	0.4%	$123.58	-2.3%	CL A	526057104
NTES	NETEASE INC	336,485 (-1.0%)	$46,308 (-10.4%)	0.9%	$100.39	—	SPONSORED ADS	64110W102
BBY	BEST BUY INC	323,951 (-8.8%)	$21,682 (-19.3%)	0.4%	$68.68	+9.9%	COM	086516101
IX	ORIX CORP	1,827,626 (-1.0%)	$53,403 (+10.7%)	1.0%	$33.80	—	SPONSORED ADR	686330101
CMI	CUMMINS INC	122,771 (-10.7%)	$62,668 (+7.9%)	1.2%	$209.69	+122.4%	COM	231021106
ING	ING GROEP N.V.	2,763,710 (-1.1%)	$77,384 (+6.1%)	1.5%	$12.40	—	SPONSORED ADR	456837103
TSM	TAIWAN SEMICONDUCTOR MFG LTD	204,789 (-1.3%)	$62,235 (+7.4%)	1.2%	$103.35	—	SPONSORED ADS	874039100
NTAP	NETAPP INC	207,024 (-5.6%)	$22,170 (-14.6%)	0.4%	$93.51	+21.5%	COM	64110D104
FMS	FRESENIUS MEDICAL CARE AG	1,286,763 (-1.3%)	$30,651 (-10.7%)	0.6%	$27.10	—	SPONSORED ADR	358029106
GM	GENERAL MTRS CO	399,488 (-15.6%)	$32,486 (+12.6%)	0.6%	$45.46	+54.9%	COM	37045V100
NVS	NOVARTIS AG	434,246 (-1.3%)	$59,871 (+6.1%)	1.2%	$101.89	—	SPONSORED ADR	66987V109
PBR	PETROLEO BRASILEIRO SA PETRO	3,059,639 (-2.5%)	$36,257 (-8.7%)	0.7%	$14.12	—	SPONSORED ADR	71654V408
EXPE	EXPEDIA GROUP INC	114,374 (-16.6%)	$32,403 (+10.5%)	0.6%	$138.78	+77.9%	COM NEW	30212P303
STT	STATE STR CORP	216,346 (-1.9%)	$27,911 (+9.0%)	0.5%	$72.32	+64.5%	COM	857477103
DLR	DIGITAL RLTY TR INC	86,945 (-3.3%)	$13,451 (-13.5%)	0.3%	$151.63	+7.6%	COM	253868103
MFC	MANULIFE FINL CORP	1,241,208 (-10.8%)	$45,031 (+3.9%)	0.9%	$28.48	+19.2%	COM	56501R106
NVDA	NVIDIA CORPORATION	20,010 (-29.0%)	$3,732 (-29.1%)	0.1%	$94.27	+97.5%	COM	67066G104
CRH	CRH PLC	465,787 (-1.4%)	$58,131 (+2.6%)	1.1%	$54.36	+119.1%	ORD	G25508105
INCY	INCYTE CORP	283,463 (-17.8%)	$27,998 (-4.3%)	0.5%	$58.13	+66.4%	COM	45337C102
MUFG	MITSUBISHI UFJ FINL GROUP IN	4,053,197 (-1.4%)	$64,284 (-1.9%)	1.3%	$6.07	—	SPONSORED ADS	606822104
RL	RALPH LAUREN CORP	78,247 (-7.9%)	$27,669 (+3.9%)	0.5%	$171.51	+98.2%	CL A	751212101
HCA	HCA HEALTHCARE INC	113,354 (-7.0%)	$52,921 (+1.9%)	1.0%	$268.03	+73.0%	COM	40412C101
SLF	SUN LIFE FINANCIAL INC.	656,126 (-2.3%)	$40,943 (+1.6%)	0.8%	$42.93	+40.7%	COM	866796105
SNY	SANOFI SA	689,227 (-1.4%)	$33,400 (+1.2%)	0.7%	$51.23	—	SPONSORED ADR	80105N105
UAL	UNITED AIRLS HLDGS INC	258,019 (-12.5%)	$28,852 (+1.4%)	0.6%	$73.67	+37.2%	COM	910047109
GIS	GENERAL MLS INC	28,742 (-9.1%)	$1,337 (-16.1%)	0.0%	$51.51	-7.9%	COM	370334104
PRGO	PERRIGO CO PLC	10,191 (-32.5%)	$142 (-57.8%)	0.0%	$24.45	-31.8%	SHS	G97822103
JAZZ	JAZZ PHARMACEUTICALS PLC	4,170 (-1.1%)	$709 (+27.5%)	0.0%	$119.94	+27.8%	SHS USD	G50871105
COP	CONOCOPHILLIPS	10,244 (-12.5%)	$959 (-13.4%)	0.0%	$97.00	-7.2%	COM	20825C104
CVX	CHEVRON CORP NEW	14,628 (-3.4%)	$2,229 (-5.2%)	0.0%	$103.68	+46.0%	COM	166764100
KLAC	KLA CORP	45,136 (-11.4%)	$54,844 (-0.2%)	1.1%	$467.96	+150.4%	COM NEW	482480100
MPC	MARATHON PETE CORP	1,896 (-2.3%)	$308 (-17.6%)	0.0%	$109.92	+69.6%	COM	56585A102
PHG	KONINKLIJKE PHILIPS N V	21,387 (-6.6%)	$579 (-7.2%)	0.0%	$21.05	—	NY REGIS SHS NEW	500472303
FLEX	FLEX LTD	23,328 (-6.9%)	$1,409 (-3.0%)	0.0%	$26.58	+132.4%	ORD	Y2573F102
JCI	JOHNSON CTLS INTL PLC	3,749 (-6.5%)	$449 (+1.8%)	0.0%	$57.92	+98.2%	SHS	G51502105

Unchanged Positions (60)

RIO RIO TINTO PLC 1.7%

Value ($000) $86,818 Shares 1,084,815 Est. Cost $46.28 Unrealized —

GOOGL ALPHABET INC 1.1%

Value ($000) $55,926 Shares 178,678 Est. Cost $130.48 Unrealized +118.9%

URI UNITED RENTALS INC 1.0%

Value ($000) $52,701 Shares 65,118 Est. Cost $245.08 Unrealized +253.8%

CTSH COGNIZANT TECHNOLOGY SOLUTIO 0.9%

Value ($000) $45,469 Shares 547,824 Est. Cost $73.76 Unrealized +1.2%

PH PARKER-HANNIFIN CORP 1.1%

Value ($000) $58,182 Shares 66,194 Est. Cost $328.00 Unrealized +149.3%

FSLR FIRST SOLAR INC 1.0%

Value ($000) $48,859 Shares 187,034 Est. Cost $212.77 Unrealized +18.5%

MS MORGAN STANLEY 1.3%

Value ($000) $67,186 Shares 378,450 Est. Cost $42.37 Unrealized +292.9%

MO ALTRIA GROUP INC 0.9%

Value ($000) $46,704 Shares 809,985 Est. Cost $38.62 Unrealized +53.7%

HII HUNTINGTON INGALLS INDS INC 0.8%

Value ($000) $43,219 Shares 127,089 Est. Cost $248.09 Unrealized +24.8%

TPR TAPESTRY INC 1.0%

Value ($000) $53,040 Shares 415,120 Est. Cost $35.85 Unrealized +218.0%

AMGN AMGEN INC 0.8%

Value ($000) $42,146 Shares 128,765 Est. Cost $149.41 Unrealized +111.5%

J JACOBS SOLUTIONS INC 0.8%

Value ($000) $40,548 Shares 306,112 Est. Cost $93.87 Unrealized +56.0%

AXP AMERICAN EXPRESS CO 1.0%

Value ($000) $49,775 Shares 134,546 Est. Cost $175.44 Unrealized +103.5%

DKS DICKS SPORTING GOODS INC 0.7%

Value ($000) $37,283 Shares 188,326 Est. Cost $129.90 Unrealized +67.2%

SYF SYNCHRONY FINANCIAL 0.6%

Value ($000) $28,981 Shares 347,367 Est. Cost $35.62 Unrealized +114.3%

YUMC YUM CHINA HLDGS INC 0.8%

Value ($000) $40,277 Shares 843,664 Est. Cost $46.42 Unrealized -1.3%

CDW CDW CORP 0.4%

Value ($000) $19,471 Shares 142,957 Est. Cost $180.87 Unrealized -18.7%

GEHC GE HEALTHCARE TECHNOLOGIES I 0.8%

Value ($000) $39,213 Shares 478,090 Est. Cost $75.84 Unrealized +2.7%

AVGO BROADCOM INC 1.3%

Value ($000) $68,885 Shares 199,033 Est. Cost $143.35 Unrealized +149.0%

BAC BANK AMERICA CORP 1.0%

Value ($000) $50,162 Shares 912,044 Est. Cost $24.03 Unrealized +119.2%

APO APOLLO GLOBAL MGMT INC 0.7%

Value ($000) $35,169 Shares 242,944 Est. Cost $112.40 Unrealized +17.9%

BTI BRITISH AMERN TOB PLC 0.9%

Value ($000) $45,309 Shares 800,230 Est. Cost $42.23 Unrealized —

NXPI NXP SEMICONDUCTORS N V 1.0%

Value ($000) $50,577 Shares 233,001 Est. Cost $188.07 Unrealized +13.6%

MCK MCKESSON CORP 0.9%

Value ($000) $45,652 Shares 55,653 Est. Cost $573.42 Unrealized +42.2%

FITB FIFTH THIRD BANCORP 1.0%

Value ($000) $49,330 Shares 1,053,835 Est. Cost $31.09 Unrealized +40.4%

QCOM QUALCOMM INC 1.5%

Value ($000) $78,414 Shares 458,430 Est. Cost $116.91 Unrealized +46.1%

IBM INTERNATIONAL BUSINESS MACHS 0.8%

Value ($000) $41,754 Shares 140,962 Est. Cost $129.90 Unrealized +130.0%

HDB HDFC BANK LTD 0.6%

Value ($000) $29,538 Shares 808,373 Est. Cost $49.68 Unrealized —

JPM JPMORGAN CHASE & CO. 1.5%

Value ($000) $79,170 Shares 245,701 Est. Cost $156.27 Unrealized +98.1%

SHEL SHELL PLC 1.4%

Value ($000) $70,604 Shares 960,857 Est. Cost $54.98 Unrealized —

KB KB FINL GROUP INC 0.9%

Value ($000) $47,731 Shares 554,740 Est. Cost $43.13 Unrealized —

BWA BORGWARNER INC 0.8%

Value ($000) $43,416 Shares 963,518 Est. Cost $37.93 Unrealized +15.2%

ABBV ABBVIE INC 1.0%

Value ($000) $51,189 Shares 224,031 Est. Cost $134.19 Unrealized +69.6%

SRE SEMPRA 0.6%

Value ($000) $31,855 Shares 360,795 Est. Cost $72.51 Unrealized +24.9%

PHM PULTE GROUP INC 0.1%

Value ($000) $2,748 Shares 23,438 Est. Cost $21.76 Unrealized +462.7%

AAPL APPLE INC 0.1%

Value ($000) $4,683 Shares 17,226 Est. Cost $83.84 Unrealized +220.1%

HD HOME DEPOT INC 0.0%

Value ($000) $1,814 Shares 5,271 Est. Cost $224.26 Unrealized +62.6%

NVR NVR INC 0.0%

Value ($000) $2,377 Shares 326 Est. Cost $5870.94 Unrealized +27.3%

IQV IQVIA HLDGS INC 0.0%

Value ($000) $1,174 Shares 5,208 Est. Cost $200.78 Unrealized +8.4%

OKE ONEOK INC NEW 0.6%

Value ($000) $32,320 Shares 439,725 Est. Cost $72.12 Unrealized -2.3%

ON ON SEMICONDUCTOR CORP 0.0%

Value ($000) $1,714 Shares 31,660 Est. Cost $38.37 Unrealized +33.7%

ROST ROSS STORES INC 0.0%

Value ($000) $638 Shares 3,544 Est. Cost $91.16 Unrealized +82.8%

TEL TE CONNECTIVITY PLC 0.0%

Value ($000) $2,539 Shares 11,160 Est. Cost $146.90 Unrealized +57.4%

ELV ELEVANCE HEALTH INC FORMERLY 0.0%

Value ($000) $1,115 Shares 3,182 Est. Cost $341.64 Unrealized -1.4%

JNJ JOHNSON & JOHNSON 0.0%

Value ($000) $680 Shares 3,288 Est. Cost $76.87 Unrealized +156.3%

RTX RTX CORPORATION 0.0%

Value ($000) $694 Shares 3,785 Est. Cost $112.99 Unrealized +53.4%

BLK BLACKROCK INC 0.0%

Value ($000) $565 Shares 528 Est. Cost $991.05 Unrealized +9.9%

UNH UNITEDHEALTH GROUP INC 0.0%

Value ($000) $872 Shares 2,641 Est. Cost $480.74 Unrealized -29.9%

MMM 3M CO 0.0%

Value ($000) $1,133 Shares 7,075 Est. Cost $80.81 Unrealized +101.9%

PG PROCTER AND GAMBLE CO 0.0%

Value ($000) $395 Shares 2,754 Est. Cost $83.81 Unrealized +75.6%

UNP UNION PAC CORP 0.0%

Value ($000) $1,135 Shares 4,905 Est. Cost $71.03 Unrealized +220.0%

PM PHILIP MORRIS INTL INC 0.0%

Value ($000) $2,249 Shares 14,022 Est. Cost $58.89 Unrealized +160.8%

SYBT STOCK YDS BANCORP INC 0.0%

Value ($000) $228 Shares 3,518 Est. Cost $57.68 Unrealized +16.5%

EQNR EQUINOR ASA 0.0%

Value ($000) $377 Shares 15,944 Est. Cost $28.88 Unrealized —

MCD MCDONALDS CORP 0.0%

Value ($000) $1,317 Shares 4,308 Est. Cost $114.45 Unrealized +166.6%

EMR EMERSON ELEC CO 0.0%

Value ($000) $387 Shares 2,918 Est. Cost $58.78 Unrealized +125.2%

PWR QUANTA SVCS INC 0.0%

Value ($000) $235 Shares 556 Est. Cost $320.76 Unrealized +36.9%

AON AON PLC 0.0%

Value ($000) $320 Shares 907 Est. Cost $317.55 Unrealized +10.0%

TIP ISHARES TR 0.0%

Value ($000) $226 Shares 2,060 Est. Cost $113.56 Unrealized —

BSV VANGUARD BD INDEX FDS 0.0%

Value ($000) $409 Shares 5,192 Est. Cost $80.21 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RIO	RIO TINTO PLC	1,084,815	$86,818	1.7%	$46.28	—	SPONSORED ADR	767204100
GOOGL	ALPHABET INC	178,678	$55,926	1.1%	$130.48	+118.9%	CAP STK CL A	02079K305
URI	UNITED RENTALS INC	65,118	$52,701	1.0%	$245.08	+253.8%	COM	911363109
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	547,824	$45,469	0.9%	$73.76	+1.2%	CL A	192446102
PH	PARKER-HANNIFIN CORP	66,194	$58,182	1.1%	$328.00	+149.3%	COM	701094104
FSLR	FIRST SOLAR INC	187,034	$48,859	1.0%	$212.77	+18.5%	COM	336433107
MS	MORGAN STANLEY	378,450	$67,186	1.3%	$42.37	+292.9%	COM NEW	617446448
MO	ALTRIA GROUP INC	809,985	$46,704	0.9%	$38.62	+53.7%	COM	02209S103
HII	HUNTINGTON INGALLS INDS INC	127,089	$43,219	0.8%	$248.09	+24.8%	COM	446413106
TPR	TAPESTRY INC	415,120	$53,040	1.0%	$35.85	+218.0%	COM	876030107
AMGN	AMGEN INC	128,765	$42,146	0.8%	$149.41	+111.5%	COM	031162100
J	JACOBS SOLUTIONS INC	306,112	$40,548	0.8%	$93.87	+56.0%	COM	46982L108
AXP	AMERICAN EXPRESS CO	134,546	$49,775	1.0%	$175.44	+103.5%	COM	025816109
DKS	DICKS SPORTING GOODS INC	188,326	$37,283	0.7%	$129.90	+67.2%	COM	253393102
SYF	SYNCHRONY FINANCIAL	347,367	$28,981	0.6%	$35.62	+114.3%	COM	87165B103
YUMC	YUM CHINA HLDGS INC	843,664	$40,277	0.8%	$46.42	-1.3%	COM	98850P109
CDW	CDW CORP	142,957	$19,471	0.4%	$180.87	-18.7%	COM	12514G108
GEHC	GE HEALTHCARE TECHNOLOGIES I	478,090	$39,213	0.8%	$75.84	+2.7%	COMMON STOCK	36266G107
AVGO	BROADCOM INC	199,033	$68,885	1.3%	$143.35	+149.0%	COM	11135F101
BAC	BANK AMERICA CORP	912,044	$50,162	1.0%	$24.03	+119.2%	COM	060505104
APO	APOLLO GLOBAL MGMT INC	242,944	$35,169	0.7%	$112.40	+17.9%	COM	03769M106
BTI	BRITISH AMERN TOB PLC	800,230	$45,309	0.9%	$42.23	—	SPONSORED ADR	110448107
NXPI	NXP SEMICONDUCTORS N V	233,001	$50,577	1.0%	$188.07	+13.6%	COM	N6596X109
MCK	MCKESSON CORP	55,653	$45,652	0.9%	$573.42	+42.2%	COM	58155Q103
FITB	FIFTH THIRD BANCORP	1,053,835	$49,330	1.0%	$31.09	+40.4%	COM	316773100
QCOM	QUALCOMM INC	458,430	$78,414	1.5%	$116.91	+46.1%	COM	747525103
IBM	INTERNATIONAL BUSINESS MACHS	140,962	$41,754	0.8%	$129.90	+130.0%	COM	459200101
HDB	HDFC BANK LTD	808,373	$29,538	0.6%	$49.68	—	SPONSORED ADS	40415F101
JPM	JPMORGAN CHASE & CO.	245,701	$79,170	1.5%	$156.27	+98.1%	COM	46625H100
SHEL	SHELL PLC	960,857	$70,604	1.4%	$54.98	—	SPON ADS	780259305
KB	KB FINL GROUP INC	554,740	$47,731	0.9%	$43.13	—	SPONSORED ADR	48241A105
BWA	BORGWARNER INC	963,518	$43,416	0.8%	$37.93	+15.2%	COM	099724106
ABBV	ABBVIE INC	224,031	$51,189	1.0%	$134.19	+69.6%	COM	00287Y109
SRE	SEMPRA	360,795	$31,855	0.6%	$72.51	+24.9%	COM	816851109
PHM	PULTE GROUP INC	23,438	$2,748	0.1%	$21.76	+462.7%	COM	745867101
AAPL	APPLE INC	17,226	$4,683	0.1%	$83.84	+220.1%	COM	037833100
HD	HOME DEPOT INC	5,271	$1,814	0.0%	$224.26	+62.6%	COM	437076102
NVR	NVR INC	326	$2,377	0.0%	$5870.94	+27.3%	COM	62944T105
IQV	IQVIA HLDGS INC	5,208	$1,174	0.0%	$200.78	+8.4%	COM	46266C105
OKE	ONEOK INC NEW	439,725	$32,320	0.6%	$72.12	-2.3%	COM	682680103
ON	ON SEMICONDUCTOR CORP	31,660	$1,714	0.0%	$38.37	+33.7%	COM	682189105
ROST	ROSS STORES INC	3,544	$638	0.0%	$91.16	+82.8%	COM	778296103
TEL	TE CONNECTIVITY PLC	11,160	$2,539	0.0%	$146.90	+57.4%	ORD SHS	G87052109
ELV	ELEVANCE HEALTH INC FORMERLY	3,182	$1,115	0.0%	$341.64	-1.4%	COM	036752103
JNJ	JOHNSON & JOHNSON	3,288	$680	0.0%	$76.87	+156.3%	COM	478160104
RTX	RTX CORPORATION	3,785	$694	0.0%	$112.99	+53.4%	COM	75513E101
BLK	BLACKROCK INC	528	$565	0.0%	$991.05	+9.9%	COM	09290D101
UNH	UNITEDHEALTH GROUP INC	2,641	$872	0.0%	$480.74	-29.9%	COM	91324P102
MMM	3M CO	7,075	$1,133	0.0%	$80.81	+101.9%	COM	88579Y101
PG	PROCTER AND GAMBLE CO	2,754	$395	0.0%	$83.81	+75.6%	COM	742718109
UNP	UNION PAC CORP	4,905	$1,135	0.0%	$71.03	+220.0%	COM	907818108
PM	PHILIP MORRIS INTL INC	14,022	$2,249	0.0%	$58.89	+160.8%	COM	718172109
SYBT	STOCK YDS BANCORP INC	3,518	$228	0.0%	$57.68	+16.5%	COM	861025104
EQNR	EQUINOR ASA	15,944	$377	0.0%	$28.88	—	SPONSORED ADR	29446M102
MCD	MCDONALDS CORP	4,308	$1,317	0.0%	$114.45	+166.6%	COM	580135101
EMR	EMERSON ELEC CO	2,918	$387	0.0%	$58.78	+125.2%	COM	291011104
PWR	QUANTA SVCS INC	556	$235	0.0%	$320.76	+36.9%	COM	74762E102
AON	AON PLC	907	$320	0.0%	$317.55	+10.0%	SHS CL A	G0403H108
TIP	ISHARES TR	2,060	$226	0.0%	$113.56	—	TIPS BD ETF	464287176
BSV	VANGUARD BD INDEX FDS	5,192	$409	0.0%	$80.21	—	SHORT TRM BOND	921937827