GILDER GAGNON HOWE & CO LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AERO	GRUPO AEROMEXICO SAB DE CV	2,676,925	$58,785	0.6%	$21.96	—	SPONSORED ADS	40054J109
SPHR	SPHERE ENTERTAINMENT CO	561,146	$53,354	0.6%	$76.20	0.0%	CL A	55826T102
C	CITIGROUP INC	213,530	$24,917	0.3%	$103.64	0.0%	COM NEW	172967424
BETA	BETA TECHNOLOGIES INC	617,864	$17,430	0.2%	$29.84	0.0%	COM SHS CL A	086921103
ESTA	ESTABLISHMENT LABS HLDGS INC	170,757	$12,445	0.1%	$60.38	0.0%	COM	G31249108
REZI	RESIDEO TECHNOLOGIES INC	313,118	$10,997	0.1%	$37.00	0.0%	COM	76118Y104
SIBN	SI-BONE INC	413,958	$8,163	0.1%	$17.37	0.0%	COM	825704109
LMND	LEMONADE INC	108,525	$7,725	0.1%	$67.18	0.0%	COM	52567D107
IBM	INTERNATIONAL BUSINESS MACHS	21,610	$6,401	0.1%	$298.78	0.0%	COM	459200101
PTON	PELOTON INTERACTIVE INC	969,873	$5,974	0.1%	$7.04	0.0%	CL A COM	70614W100
DEC	DIVERSIFIED ENERGY CO	405,290	$5,860	0.1%	$13.84	0.0%	COMMON STOCK	25520W107
MCO	MOODYS CORP	8,063	$4,119	0.0%	$487.35	0.0%	COM	615369105
NP	NEPTUNE INS HLDGS INC	140,445	$4,095	0.0%	$26.30	0.0%	CL A	64073B103
FICO	FAIR ISAAC CORP	1,833	$3,099	0.0%	$1721.38	0.0%	COM	303250104
SMTC	SEMTECH CORP	33,471	$2,466	0.0%	$70.95	0.0%	COM	816850101
VSCO	VICTORIAS SECRET AND CO	45,042	$2,440	0.0%	$39.72	0.0%	COMMON STOCK	926400102
WCN	WASTE CONNECTIONS INC	12,876	$2,258	0.0%	$172.81	0.0%	COM	94106B101
NPKI	NPK INTERNATIONAL INC	170,273	$2,030	0.0%	$12.20	0.0%	COM SHS	651718504
SXT	SENSIENT TECHNOLOGIES CORP	20,545	$1,930	0.0%	$94.35	0.0%	COM	81725T100
COGT	COGENT BIOSCIENCES INC	53,275	$1,892	0.0%	$28.11	0.0%	COM	19240Q201
LITE	LUMENTUM HLDGS INC	4,671	$1,722	0.0%	$256.82	0.0%	COM	55024U109
HII	HUNTINGTON INGALLS INDS INC	5,030	$1,711	0.0%	$309.50	0.0%	COM	446413106
IONS	IONIS PHARMACEUTICALS INC	19,275	$1,525	0.0%	$75.30	0.0%	COM	462222100
TE	T1 ENERGY INC	175,978	$1,176	0.0%	$4.41	0.0%	COM NEW	35834F104
MAZE	MAZE THERAPEUTICS INC	23,282	$965	0.0%	$34.37	0.0%	COM	578784100
CRWV	COREWEAVE INC	9,567	$685	0.0%	$101.39	0.0%	COM CL A	21873S108
FRMI	FERMI INC	70,872	$567	0.0%	$19.51	0.0%	COM	314911108
ADPT	ADAPTIVE BIOTECHNOLOGIES COR	24,998	$406	0.0%	$16.32	0.0%	COM	00650F109
BE	BLOOM ENERGY CORP	4,169	$362	0.0%	$105.07	0.0%	COM CL A	093712107
WMB	WILLIAMS COS INC	4,170	$251	0.0%	$60.06	0.0%	COM	969457100
UMH	UMH PPTYS INC	15,074	$240	0.0%	$15.91	—	COM	903002103
EQT	EQT CORP	4,456	$239	0.0%	$56.13	0.0%	COM	26884L109
GSHD	GOOSEHEAD INS INC	2,746	$202	0.0%	$71.25	0.0%	COM CL A	38267D109
NUAI	NEW ERA ENERGY & DIGITAL INC	53,449	$157	0.0%	$4.06	0.0%	COM	64428N109
VRA	VERA BRADLEY INC	53,797	$130	0.0%	$2.32	0.0%	COM	92335C106
IVVD	INVIVYD INC	49,906	$123	0.0%	$2.08	0.0%	COM	00534A102

Increased Positions (39)

NFLX NETFLIX INC 4.3%

Value ($000) $409,298 (-24.0%) Shares 4,365,376 (+872.3%) Est. Cost $97.71 Unrealized +10.3%

RDDT REDDIT INC 1.0%

Value ($000) $94,601 (+592.0%) Shares 411,542 (+592.4%) Est. Cost $209.41 Unrealized +0.4%

SATS ECHOSTAR CORP 1.1%

Value ($000) $101,025 (+112.0%) Shares 929,392 (+48.9%) Est. Cost $53.78 Unrealized +51.4%

PRCH PORCH GROUP INC 0.4%

Value ($000) $39,692 (-36.6%) Shares 4,347,373 (+16.6%) Est. Cost $9.78 Unrealized +23.1%

VIA VIA TRANSN INC 0.4%

Value ($000) $35,909 (+110.4%) Shares 1,237,829 (+248.7%) Est. Cost $43.63 Unrealized -5.4%

TDG TRANSDIGM GROUP INC 0.4%

Value ($000) $33,957 (+84.8%) Shares 25,535 (+83.1%) Est. Cost $727.99 Unrealized +80.1%

AAOI APPLIED OPTOELECTRONICS INC 0.2%

Value ($000) $16,559 (+640.4%) Shares 475,015 (+450.8%) Est. Cost $27.68 Unrealized +7.9%

TBN TAMBORAN RES CORP 0.2%

Value ($000) $21,638 (+180.6%) Shares 794,648 (+182.1%) Est. Cost $23.74 Unrealized +7.1%

FTAI FTAI AVIATION LTD 0.4%

Value ($000) $37,010 (+59.2%) Shares 188,013 (+34.9%) Est. Cost $133.91 Unrealized +27.1%

QXO QXO INC 1.3%

Value ($000) $120,101 (+8.9%) Shares 6,226,055 (+7.6%) Est. Cost $17.00 Unrealized +12.7%

ARM ARM HOLDINGS PLC 0.4%

Value ($000) $40,087 (-18.6%) Shares 366,729 (+5.4%) Est. Cost $119.96 Unrealized —

XMTR XOMETRY INC 0.6%

Value ($000) $60,782 (+15.3%) Shares 1,022,055 (+5.6%) Est. Cost $32.74 Unrealized +72.2%

NAMS NEWAMSTERDAM PHARMA COMPANY 0.1%

Value ($000) $8,718 (+742.5%) Shares 248,528 (+583.1%) Est. Cost $34.57 Unrealized +5.3%

MDGL MADRIGAL PHARMACEUTICALS INC 0.2%

Value ($000) $19,490 (+37.7%) Shares 33,468 (+8.5%) Est. Cost $257.16 Unrealized +98.6%

GE GE AEROSPACE 0.4%

Value ($000) $41,360 (+13.0%) Shares 134,272 (+10.4%) Est. Cost $169.55 Unrealized +77.4%

CCOI COGENT COMMUNICATIONS HLDGS 0.1%

Value ($000) $10,653 (+61.0%) Shares 494,108 (+186.5%) Est. Cost $33.52 Unrealized -12.0%

GRAL GRAIL INC 0.0%

Value ($000) $3,742 (+261.7%) Shares 43,722 (+149.9%) Est. Cost $66.54 Unrealized +29.8%

NOW SERVICENOW INC 0.1%

Value ($000) $7,322 (-24.0%) Shares 47,800 (+356.6%) Est. Cost $145.39 Unrealized +18.0%

IMNM IMMUNOME INC 0.0%

Value ($000) $3,756 (+141.0%) Shares 174,861 (+31.4%) Est. Cost $11.76 Unrealized +49.2%

GEV GE VERNOVA INC 0.2%

Value ($000) $17,223 (+14.1%) Shares 26,352 (+7.3%) Est. Cost $421.44 Unrealized +44.5%

NU NU HLDGS LTD 0.1%

Value ($000) $7,226 (+39.5%) Shares 431,632 (+33.4%) Est. Cost $14.04 Unrealized +14.4%

HOOD ROBINHOOD MKTS INC 0.9%

Value ($000) $87,420 (-1.9%) Shares 772,946 (+24.2%) Est. Cost $89.40 Unrealized +45.5%

HTFL HEARTFLOW INC 0.1%

Value ($000) $5,418 (+34.9%) Shares 185,868 (+55.7%) Est. Cost $32.22 Unrealized -0.1%

PHAT PHATHOM PHARMACEUTICALS INC 0.0%

Value ($000) $2,408 (+131.1%) Shares 145,174 (+64.0%) Est. Cost $13.65 Unrealized +4.6%

PL PLANET LABS PBC 0.0%

Value ($000) $1,834 (+174.5%) Shares 93,000 (+80.7%) Est. Cost $10.67 Unrealized +34.3%

APP APPLOVIN CORP 0.0%

Value ($000) $2,971 (+61.6%) Shares 4,409 (+72.4%) Est. Cost $308.60 Unrealized +104.2%

TDUP THREDUP INC 0.1%

Value ($000) $13,114 (+8.4%) Shares 2,052,346 (+60.3%) Est. Cost $8.84 Unrealized -8.5%

ABVX ABIVAX SA 0.0%

Value ($000) $1,487 (+78.3%) Shares 11,030 (+12.3%) Est. Cost $90.36 Unrealized —

SITE SITEONE LANDSCAPE SUPPLY INC 0.4%

Value ($000) $35,480 (-1.1%) Shares 284,842 (+2.3%) Est. Cost $80.78 Unrealized +56.7%

NB NIOCORP DEVS LTD 0.0%

Value ($000) $1,831 (+25.0%) Shares 345,405 (+57.6%) Est. Cost $5.19 Unrealized +32.5%

GLW CORNING INC 0.0%

Value ($000) $1,548 (+18.6%) Shares 17,682 (+11.1%) Est. Cost $52.49 Unrealized +63.8%

IOT SAMSARA INC 0.0%

Value ($000) $2,187 (+10.5%) Shares 61,696 (+16.1%) Est. Cost $37.36 Unrealized +3.6%

BIRK BIRKENSTOCK HOLDING PLC 0.0%

Value ($000) $445 (+66.2%) Shares 10,872 (+83.8%) Est. Cost $42.87 Unrealized -1.2%

JOBY JOBY AVIATION INC 0.0%

Value ($000) $821 (-15.8%) Shares 62,198 (+3.0%) Est. Cost $7.86 Unrealized +95.3%

CVNA CARVANA CO 0.0%

Value ($000) $846 (+20.3%) Shares 2,004 (+7.6%) Est. Cost $232.66 Unrealized +59.8%

SANA SANA BIOTECHNOLOGY INC 0.0%

Value ($000) $383 (+17.8%) Shares 94,072 (+2.8%) Est. Cost $3.64 Unrealized +23.1%

CLH CLEAN HARBORS INC 0.0%

Value ($000) $718 (+4.8%) Shares 3,062 (+3.8%) Est. Cost $243.70 Unrealized -6.2%

MP MP MATERIALS CORP 0.0%

Value ($000) $351 (-8.5%) Shares 6,938 (+21.5%) Est. Cost $63.00 Unrealized +0.7%

CP CANADIAN PACIFIC KANSAS CITY 0.0%

Value ($000) $562 (+4.5%) Shares 7,633 (+5.7%) Est. Cost $77.14 Unrealized -4.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NFLX	NETFLIX INC	4,365,376 (+872.3%)	$409,298 (-24.0%)	4.3%	$97.71	+10.3%	COM	64110L106
RDDT	REDDIT INC	411,542 (+592.4%)	$94,601 (+592.0%)	1.0%	$209.41	+0.4%	CL A	75734B100
SATS	ECHOSTAR CORP	929,392 (+48.9%)	$101,025 (+112.0%)	1.1%	$53.78	+51.4%	CL A	278768106
PRCH	PORCH GROUP INC	4,347,373 (+16.6%)	$39,692 (-36.6%)	0.4%	$9.78	+23.1%	COM	733245104
VIA	VIA TRANSN INC	1,237,829 (+248.7%)	$35,909 (+110.4%)	0.4%	$43.63	-5.4%	COM CL A	92556W104
TDG	TRANSDIGM GROUP INC	25,535 (+83.1%)	$33,957 (+84.8%)	0.4%	$727.99	+80.1%	COM	893641100
AAOI	APPLIED OPTOELECTRONICS INC	475,015 (+450.8%)	$16,559 (+640.4%)	0.2%	$27.68	+7.9%	COM	03823U102
TBN	TAMBORAN RES CORP	794,648 (+182.1%)	$21,638 (+180.6%)	0.2%	$23.74	+7.1%	COM	87507T101
FTAI	FTAI AVIATION LTD	188,013 (+34.9%)	$37,010 (+59.2%)	0.4%	$133.91	+27.1%	SHS	G3730V105
QXO	QXO INC	6,226,055 (+7.6%)	$120,101 (+8.9%)	1.3%	$17.00	+12.7%	COM NEW	82846H405
ARM	ARM HOLDINGS PLC	366,729 (+5.4%)	$40,087 (-18.6%)	0.4%	$119.96	—	SPONSORED ADS	042068205
XMTR	XOMETRY INC	1,022,055 (+5.6%)	$60,782 (+15.3%)	0.6%	$32.74	+72.2%	CLASS A COM	98423F109
NAMS	NEWAMSTERDAM PHARMA COMPANY	248,528 (+583.1%)	$8,718 (+742.5%)	0.1%	$34.57	+5.3%	ORDINARY SHARES	N62509109
MDGL	MADRIGAL PHARMACEUTICALS INC	33,468 (+8.5%)	$19,490 (+37.7%)	0.2%	$257.16	+98.6%	COM	558868105
GE	GE AEROSPACE	134,272 (+10.4%)	$41,360 (+13.0%)	0.4%	$169.55	+77.4%	COM NEW	369604301
CCOI	COGENT COMMUNICATIONS HLDGS	494,108 (+186.5%)	$10,653 (+61.0%)	0.1%	$33.52	-12.0%	COM NEW	19239V302
GRAL	GRAIL INC	43,722 (+149.9%)	$3,742 (+261.7%)	0.0%	$66.54	+29.8%	COM	384747101
NOW	SERVICENOW INC	47,800 (+356.6%)	$7,322 (-24.0%)	0.1%	$145.39	+18.0%	COM	81762P102
IMNM	IMMUNOME INC	174,861 (+31.4%)	$3,756 (+141.0%)	0.0%	$11.76	+49.2%	COM	45257U108
GEV	GE VERNOVA INC	26,352 (+7.3%)	$17,223 (+14.1%)	0.2%	$421.44	+44.5%	COM	36828A101
NU	NU HLDGS LTD	431,632 (+33.4%)	$7,226 (+39.5%)	0.1%	$14.04	+14.4%	ORD SHS CL A	G6683N103
HOOD	ROBINHOOD MKTS INC	772,946 (+24.2%)	$87,420 (-1.9%)	0.9%	$89.40	+45.5%	COM CL A	770700102
HTFL	HEARTFLOW INC	185,868 (+55.7%)	$5,418 (+34.9%)	0.1%	$32.22	-0.1%	COM	42238D107
PHAT	PHATHOM PHARMACEUTICALS INC	145,174 (+64.0%)	$2,408 (+131.1%)	0.0%	$13.65	+4.6%	COM	71722W107
PL	PLANET LABS PBC	93,000 (+80.7%)	$1,834 (+174.5%)	0.0%	$10.67	+34.3%	COM CL A	72703X106
APP	APPLOVIN CORP	4,409 (+72.4%)	$2,971 (+61.6%)	0.0%	$308.60	+104.2%	COM CL A	03831W108
TDUP	THREDUP INC	2,052,346 (+60.3%)	$13,114 (+8.4%)	0.1%	$8.84	-8.5%	CL A	88556E102
ABVX	ABIVAX SA	11,030 (+12.3%)	$1,487 (+78.3%)	0.0%	$90.36	—	SPONSORED ADS	00370M103
SITE	SITEONE LANDSCAPE SUPPLY INC	284,842 (+2.3%)	$35,480 (-1.1%)	0.4%	$80.78	+56.7%	COM	82982L103
NB	NIOCORP DEVS LTD	345,405 (+57.6%)	$1,831 (+25.0%)	0.0%	$5.19	+32.5%	COM NEW	654484609
GLW	CORNING INC	17,682 (+11.1%)	$1,548 (+18.6%)	0.0%	$52.49	+63.8%	COM	219350105
IOT	SAMSARA INC	61,696 (+16.1%)	$2,187 (+10.5%)	0.0%	$37.36	+3.6%	COM CL A	79589L106
BIRK	BIRKENSTOCK HOLDING PLC	10,872 (+83.8%)	$445 (+66.2%)	0.0%	$42.87	-1.2%	COM SHS	M2029K104
JOBY	JOBY AVIATION INC	62,198 (+3.0%)	$821 (-15.8%)	0.0%	$7.86	+95.3%	COMMON STOCK	G65163100
CVNA	CARVANA CO	2,004 (+7.6%)	$846 (+20.3%)	0.0%	$232.66	+59.8%	CL A	146869102
SANA	SANA BIOTECHNOLOGY INC	94,072 (+2.8%)	$383 (+17.8%)	0.0%	$3.64	+23.1%	COM	799566104
CLH	CLEAN HARBORS INC	3,062 (+3.8%)	$718 (+4.8%)	0.0%	$243.70	-6.2%	COM	184496107
MP	MP MATERIALS CORP	6,938 (+21.5%)	$351 (-8.5%)	0.0%	$63.00	+0.7%	COM CL A	553368101
CP	CANADIAN PACIFIC KANSAS CITY	7,633 (+5.7%)	$562 (+4.5%)	0.0%	$77.14	-4.6%	COM	13646K108

Exited Positions (35)

DKS DICKS SPORTING GOODS INC 0.4%

Value ($000) $33,173 Shares 149,279 Est. Cost $85.56 Unrealized +153.8%

RBRK RUBRIK INC. 0.2%

Value ($000) $15,810 Shares 192,223 Est. Cost $51.99 Unrealized +47.5%

PAAS PAN AMERN SILVER CORP 0.1%

Value ($000) $6,315 Shares 163,045 Est. Cost $32.15 Unrealized +30.2%

DHI D R HORTON INC 0.1%

Value ($000) $5,641 Shares 33,286 Est. Cost $121.97 Unrealized +24.6%

CAVA CAVA GROUP INC 0.1%

Value ($000) $4,908 Shares 81,239 Est. Cost $97.73 Unrealized -42.9%

LLY ELI LILLY & CO 0.0%

Value ($000) $4,631 Shares 6,069 Est. Cost $325.79 Unrealized +193.3%

CNM CORE & MAIN INC 0.0%

Value ($000) $3,945 Shares 73,294 Est. Cost $37.84 Unrealized +35.5%

RARE ULTRAGENYX PHARMACEUTICAL IN 0.0%

Value ($000) $3,668 Shares 121,941 Est. Cost $36.99 Unrealized -11.1%

OUST OUSTER INC 0.0%

Value ($000) $3,551 Shares 131,268 Est. Cost $27.89 Unrealized -5.3%

MQ MARQETA INC 0.0%

Value ($000) $3,303 Shares 625,625 Est. Cost $5.18 Unrealized -7.2%

BBNX BETA BIONICS INC 0.0%

Value ($000) $3,232 Shares 162,649 Est. Cost $14.16 Unrealized +88.6%

PSKY PARAMOUNT SKYDANCE CORP 0.0%

Value ($000) $3,189 Shares 168,573 Est. Cost $14.51 Unrealized +7.3%

GILD GILEAD SCIENCES INC 0.0%

Value ($000) $2,800 Shares 25,226 Est. Cost $79.61 Unrealized +51.8%

FOUR SHIFT4 PMTS INC 0.0%

Value ($000) $2,657 Shares 34,333 Est. Cost $83.35 Unrealized -15.2%

GLNG GOLAR LNG LTD 0.0%

Value ($000) $2,622 Shares 64,880 Est. Cost $37.95 Unrealized +0.4%

XYZ BLOCK INC 0.0%

Value ($000) $2,079 Shares 28,765 Est. Cost $84.71 Unrealized -18.6%

QURE UNIQURE NV 0.0%

Value ($000) $1,989 Shares 34,084 Est. Cost $18.16 Unrealized +112.5%

FIP FTAI INFRASTRUCTURE INC 0.0%

Value ($000) $1,925 Shares 441,457 Est. Cost $5.80 Unrealized -15.3%

AXON AXON ENTERPRISE INC 0.0%

Value ($000) $1,786 Shares 2,489 Est. Cost $543.94 Unrealized +14.1%

HITI HIGH TIDE INC 0.0%

Value ($000) $1,715 Shares 472,456 Est. Cost $2.89 Unrealized +2.6%

BILL BILL HOLDINGS INC 0.0%

Value ($000) $1,708 Shares 32,252 Est. Cost $76.17 Unrealized -32.6%

SPIR SPIRE GLOBAL INC 0.0%

Value ($000) $1,284 Shares 116,803 Est. Cost $10.09 Unrealized -3.0%

OMDA OMADA HEALTH INC 0.0%

Value ($000) $1,221 Shares 55,216 Est. Cost $17.31 Unrealized +17.2%

IAUX I-80 GOLD CORP 0.0%

Value ($000) $1,084 Shares 1,135,002 Est. Cost $1.37 Unrealized -16.9%

JANX JANUX THERAPEUTICS INC 0.0%

Value ($000) $935 Shares 38,255 Est. Cost $46.15 Unrealized -49.0%

PM PHILIP MORRIS INTL INC 0.0%

Value ($000) $824 Shares 5,083 Est. Cost $100.98 Unrealized +52.1%

DKNG DRAFTKINGS INC NEW 0.0%

Value ($000) $749 Shares 20,026 Est. Cost $35.49 Unrealized -7.3%

GRND GRINDR INC 0.0%

Value ($000) $646 Shares 42,988 Est. Cost $9.34 Unrealized +45.6%

ROOT ROOT INC 0.0%

Value ($000) $623 Shares 6,963 Est. Cost $89.56 Unrealized -11.1%

CMG CHIPOTLE MEXICAN GRILL INC 0.0%

Value ($000) $587 Shares 14,984 Est. Cost $56.47 Unrealized -35.9%

NEWP NEW PAC METALS CORP 0.0%

Value ($000) $450 Shares 166,000 Est. Cost $4.98 Unrealized -45.0%

ZVIA ZEVIA PBC 0.0%

Value ($000) $420 Shares 154,462 Est. Cost $3.07 Unrealized -19.0%

VITL VITAL FARMS INC 0.0%

Value ($000) $390 Shares 9,474 Est. Cost $35.97 Unrealized -2.2%

DCTH DELCATH SYS INC 0.0%

Value ($000) $385 Shares 35,819 Est. Cost $10.60 Unrealized -6.2%

SNAP SNAP INC 0.0%

Value ($000) $206 Shares 26,730 Est. Cost $23.45 Unrealized -66.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DKS	DICKS SPORTING GOODS INC	149,279	$33,173	0.4%	$85.56	+153.8%	—	253393102
RBRK	RUBRIK INC.	192,223	$15,810	0.2%	$51.99	+47.5%	—	781154109
PAAS	PAN AMERN SILVER CORP	163,045	$6,315	0.1%	$32.15	+30.2%	—	697900108
DHI	D R HORTON INC	33,286	$5,641	0.1%	$121.97	+24.6%	—	23331A109
CAVA	CAVA GROUP INC	81,239	$4,908	0.1%	$97.73	-42.9%	—	148929102
LLY	ELI LILLY & CO	6,069	$4,631	0.0%	$325.79	+193.3%	—	532457108
CNM	CORE & MAIN INC	73,294	$3,945	0.0%	$37.84	+35.5%	—	21874C102
RARE	ULTRAGENYX PHARMACEUTICAL IN	121,941	$3,668	0.0%	$36.99	-11.1%	—	90400D108
OUST	OUSTER INC	131,268	$3,551	0.0%	$27.89	-5.3%	—	68989M202
MQ	MARQETA INC	625,625	$3,303	0.0%	$5.18	-7.2%	—	57142B104
BBNX	BETA BIONICS INC	162,649	$3,232	0.0%	$14.16	+88.6%	—	08659B102
PSKY	PARAMOUNT SKYDANCE CORP	168,573	$3,189	0.0%	$14.51	+7.3%	—	69932A204
GILD	GILEAD SCIENCES INC	25,226	$2,800	0.0%	$79.61	+51.8%	—	375558103
FOUR	SHIFT4 PMTS INC	34,333	$2,657	0.0%	$83.35	-15.2%	—	82452J109
GLNG	GOLAR LNG LTD	64,880	$2,622	0.0%	$37.95	+0.4%	—	G9456A100
XYZ	BLOCK INC	28,765	$2,079	0.0%	$84.71	-18.6%	—	852234103
QURE	UNIQURE NV	34,084	$1,989	0.0%	$18.16	+112.5%	—	N90064101
FIP	FTAI INFRASTRUCTURE INC	441,457	$1,925	0.0%	$5.80	-15.3%	—	35953C106
AXON	AXON ENTERPRISE INC	2,489	$1,786	0.0%	$543.94	+14.1%	—	05464C101
HITI	HIGH TIDE INC	472,456	$1,715	0.0%	$2.89	+2.6%	—	42981E401
BILL	BILL HOLDINGS INC	32,252	$1,708	0.0%	$76.17	-32.6%	—	090043100
SPIR	SPIRE GLOBAL INC	116,803	$1,284	0.0%	$10.09	-3.0%	—	848560306
OMDA	OMADA HEALTH INC	55,216	$1,221	0.0%	$17.31	+17.2%	—	68170A108
IAUX	I-80 GOLD CORP	1,135,002	$1,084	0.0%	$1.37	-16.9%	—	44955L106
JANX	JANUX THERAPEUTICS INC	38,255	$935	0.0%	$46.15	-49.0%	—	47103J105
PM	PHILIP MORRIS INTL INC	5,083	$824	0.0%	$100.98	+52.1%	—	718172109
DKNG	DRAFTKINGS INC NEW	20,026	$749	0.0%	$35.49	-7.3%	—	26142V105
GRND	GRINDR INC	42,988	$646	0.0%	$9.34	+45.6%	—	39854F101
ROOT	ROOT INC	6,963	$623	0.0%	$89.56	-11.1%	—	77664L207
CMG	CHIPOTLE MEXICAN GRILL INC	14,984	$587	0.0%	$56.47	-35.9%	—	169656105
NEWP	NEW PAC METALS CORP	166,000	$450	0.0%	$4.98	-45.0%	—	64782A107
ZVIA	ZEVIA PBC	154,462	$420	0.0%	$3.07	-19.0%	—	98955K104
VITL	VITAL FARMS INC	9,474	$390	0.0%	$35.97	-2.2%	—	92847W103
DCTH	DELCATH SYS INC	35,819	$385	0.0%	$10.60	-6.2%	—	24661P807
SNAP	SNAP INC	26,730	$206	0.0%	$23.45	-66.3%	—	83304A106

Decreased Positions (136)

DUOL DUOLINGO INC 0.9%

Value ($000) $88,826 (-51.8%) Shares 506,131 (-11.6%) Est. Cost $145.07 Unrealized +62.4%

PCOR PROCORE TECHNOLOGIES INC 0.0%

Value ($000) $1,101 (-98.5%) Shares 15,132 (-98.5%) Est. Cost $83.39 Unrealized -11.3%

MU MICRON TECHNOLOGY INC 1.5%

Value ($000) $141,659 (+66.2%) Shares 496,334 (-2.6%) Est. Cost $94.70 Unrealized +142.2%

ISRG INTUITIVE SURGICAL INC 2.8%

Value ($000) $268,197 (+24.7%) Shares 473,545 (-1.5%) Est. Cost $285.95 Unrealized +86.2%

NET CLOUDFLARE INC 3.7%

Value ($000) $345,892 (-12.2%) Shares 1,754,461 (-4.5%) Est. Cost $25.66 Unrealized +724.2%

APPF APPFOLIO INC 1.0%

Value ($000) $97,581 (-31.6%) Shares 419,431 (-19.0%) Est. Cost $137.92 Unrealized +72.3%

ROKU ROKU INC 0.6%

Value ($000) $52,216 (-46.0%) Shares 481,299 (-50.2%) Est. Cost $67.26 Unrealized +50.9%

META META PLATFORMS INC 2.9%

Value ($000) $270,807 (-12.4%) Shares 410,257 (-2.6%) Est. Cost $128.23 Unrealized +420.4%

FIGR FIGURE TECHNOLOGY SOLUTIO 0.9%

Value ($000) $81,890 (-31.2%) Shares 2,005,143 (-38.7%) Est. Cost $38.84 Unrealized +3.0%

NTRA NATERA INC 2.0%

Value ($000) $189,755 (+22.9%) Shares 828,300 (-13.6%) Est. Cost $62.48 Unrealized +233.8%

NBIS NEBIUS GROUP N.V. 0.9%

Value ($000) $84,876 (-27.9%) Shares 1,013,986 (-3.4%) Est. Cost $39.68 Unrealized +161.2%

GOOGL ALPHABET INC 1.6%

Value ($000) $152,058 (+26.9%) Shares 485,809 (-1.5%) Est. Cost $107.18 Unrealized +166.5%

TEM TEMPUS AI INC 0.4%

Value ($000) $34,059 (-45.8%) Shares 576,774 (-25.9%) Est. Cost $63.07 Unrealized +24.0%

WRBY WARBY PARKER INC 0.2%

Value ($000) $18,612 (-59.5%) Shares 854,143 (-48.8%) Est. Cost $14.51 Unrealized +49.9%

GOOG ALPHABET INC 1.3%

Value ($000) $122,314 (+25.7%) Shares 389,782 (-2.5%) Est. Cost $110.86 Unrealized +158.3%

POOL POOL CORP 0.7%

Value ($000) $64,246 (-27.9%) Shares 280,857 (-2.2%) Est. Cost $57.35 Unrealized +352.4%

SPOT SPOTIFY TECHNOLOGY S A 0.8%

Value ($000) $75,424 (-23.6%) Shares 129,883 (-8.2%) Est. Cost $237.33 Unrealized +163.4%

NVDA NVIDIA CORPORATION 5.1%

Value ($000) $481,116 (-4.6%) Shares 2,579,709 (-4.6%) Est. Cost $90.09 Unrealized +106.6%

ALNY ALNYLAM PHARMACEUTICALS INC 1.3%

Value ($000) $126,972 (-15.4%) Shares 319,305 (-3.0%) Est. Cost $45.25 Unrealized +877.9%

TSEM TOWER SEMICONDUCTOR LTD 0.6%

Value ($000) $55,417 (+58.4%) Shares 471,954 (-2.5%) Est. Cost $54.61 Unrealized +76.4%

SHAK SHAKE SHACK INC 1.1%

Value ($000) $103,014 (-15.8%) Shares 1,269,116 (-2.8%) Est. Cost $50.37 Unrealized +75.0%

SFM SPROUTS FMRS MKT INC 0.4%

Value ($000) $40,739 (-29.6%) Shares 511,346 (-3.9%) Est. Cost $30.19 Unrealized +197.2%

ANET ARISTA NETWORKS INC 1.1%

Value ($000) $106,990 (-12.8%) Shares 816,531 (-3.0%) Est. Cost $102.84 Unrealized +33.9%

TBBB BBB FOODS INC 0.9%

Value ($000) $83,856 (+22.0%) Shares 2,511,410 (-1.5%) Est. Cost $23.15 Unrealized +29.2%

SITM SITIME CORP 1.4%

Value ($000) $131,137 (+13.0%) Shares 371,294 (-3.6%) Est. Cost $124.42 Unrealized +151.5%

NYT NEW YORK TIMES CO 1.0%

Value ($000) $93,621 (+17.8%) Shares 1,348,621 (-2.6%) Est. Cost $27.34 Unrealized +126.2%

GAP GAP INC 1.0%

Value ($000) $95,619 (+17.1%) Shares 3,735,108 (-2.1%) Est. Cost $21.94 Unrealized +9.7%

HUBS HUBSPOT INC 0.7%

Value ($000) $66,591 (-17.1%) Shares 165,938 (-3.4%) Est. Cost $35.95 Unrealized +1052.4%

BNTX BIONTECH SE 0.0%

Value ($000) $3,074 (-81.5%) Shares 32,287 (-80.9%) Est. Cost $139.22 Unrealized —

KNF KNIFE RIVER CORP 0.0%

Value ($000) $3,129 (-79.7%) Shares 44,474 (-77.9%) Est. Cost $51.43 Unrealized +36.6%

BRCB BLACK ROCK COFFEE BAR INC 0.2%

Value ($000) $21,723 (-35.5%) Shares 976,304 (-30.8%) Est. Cost $26.13 Unrealized -11.3%

TOST TOAST INC 1.6%

Value ($000) $155,909 (-6.9%) Shares 4,390,564 (-4.3%) Est. Cost $41.19 Unrealized -12.5%

OSCR OSCAR HEALTH INC 0.2%

Value ($000) $15,931 (-40.8%) Shares 1,108,595 (-22.0%) Est. Cost $11.87 Unrealized +45.8%

SPNT SIRIUSPOINT LTD 0.8%

Value ($000) $72,103 (+16.8%) Shares 3,293,875 (-3.4%) Est. Cost $10.05 Unrealized +99.4%

GKOS GLAUKOS CORP 0.2%

Value ($000) $17,438 (-36.1%) Shares 154,442 (-53.8%) Est. Cost $101.53 Unrealized -5.9%

MSFT MICROSOFT CORP 0.8%

Value ($000) $78,683 (-10.6%) Shares 162,696 (-4.2%) Est. Cost $178.25 Unrealized +180.8%

PLTR PALANTIR TECHNOLOGIES INC 0.5%

Value ($000) $42,966 (-17.6%) Shares 241,719 (-15.5%) Est. Cost $21.31 Unrealized +749.5%

FND FLOOR & DECOR HLDGS INC 0.3%

Value ($000) $31,910 (-22.3%) Shares 524,055 (-6.0%) Est. Cost $71.40 Unrealized -9.2%

TLN TALEN ENERGY CORP 0.5%

Value ($000) $46,301 (-16.5%) Shares 123,521 (-5.2%) Est. Cost $150.40 Unrealized +158.4%

CALX CALIX INC 0.5%

Value ($000) $46,998 (-15.2%) Shares 887,927 (-1.6%) Est. Cost $25.79 Unrealized +125.8%

TSLA TESLA INC 3.4%

Value ($000) $326,720 (-2.4%) Shares 726,497 (-3.5%) Est. Cost $215.21 Unrealized +106.0%

MDB MONGODB INC 0.5%

Value ($000) $43,556 (+22.0%) Shares 103,781 (-9.8%) Est. Cost $83.69 Unrealized +334.8%

CB CHUBB LIMITED 0.1%

Value ($000) $9,008 (-46.3%) Shares 28,860 (-51.5%) Est. Cost $114.84 Unrealized +154.6%

CSGP COSTAR GROUP INC 0.2%

Value ($000) $16,140 (-31.3%) Shares 240,034 (-13.8%) Est. Cost $82.57 Unrealized -14.2%

LYV LIVE NATION ENTERTAINMENT IN 0.1%

Value ($000) $8,141 (-47.2%) Shares 57,131 (-39.4%) Est. Cost $139.64 Unrealized +2.9%

SNOW SNOWFLAKE INC 0.1%

Value ($000) $11,319 (-38.8%) Shares 51,600 (-37.0%) Est. Cost $176.84 Unrealized +38.0%

FNV FRANCO NEV CORP 0.7%

Value ($000) $70,711 (-9.0%) Shares 341,137 (-2.1%) Est. Cost $154.26 Unrealized +31.5%

SHOP SHOPIFY INC 3.7%

Value ($000) $350,656 (+1.9%) Shares 2,178,396 (-5.9%) Est. Cost $64.91 Unrealized +147.4%

HDB HDFC BANK LTD 0.2%

Value ($000) $17,301 (-27.4%) Shares 473,474 (-32.1%) Est. Cost $49.25 Unrealized —

LOAR LOAR HOLDINGS INC 0.3%

Value ($000) $31,747 (-16.5%) Shares 466,869 (-1.8%) Est. Cost $54.34 Unrealized +34.2%

PWR QUANTA SVCS INC 1.7%

Value ($000) $157,583 (-3.8%) Shares 373,367 (-5.5%) Est. Cost $158.23 Unrealized +177.6%

SN SHARKNINJA INC 1.2%

Value ($000) $110,851 (+5.8%) Shares 990,624 (-2.5%) Est. Cost $97.04 Unrealized +1.6%

EMBJ EMBRAER S.A. 1.6%

Value ($000) $149,550 (+4.2%) Shares 2,323,295 (-2.2%) Est. Cost $28.89 Unrealized —

ESLT ELBIT SYS LTD 0.7%

Value ($000) $61,887 (+10.4%) Shares 107,124 (-2.5%) Est. Cost $323.15 Unrealized +54.9%

AGI ALAMOS GOLD INC NEW 0.1%

Value ($000) $5,516 (-50.6%) Shares 142,977 (-55.4%) Est. Cost $7.34 Unrealized +374.7%

TPR TAPESTRY INC 0.0%

Value ($000) $1,020 (-84.6%) Shares 7,981 (-86.4%) Est. Cost $76.65 Unrealized +48.8%

CWH CAMPING WORLD HLDGS INC 0.0%

Value ($000) $3,036 (-63.2%) Shares 312,049 (-40.2%) Est. Cost $19.33 Unrealized -36.6%

TWLO TWILIO INC 0.2%

Value ($000) $20,318 (+33.9%) Shares 142,844 (-5.8%) Est. Cost $115.85 Unrealized +6.9%

BSX BOSTON SCIENTIFIC CORP 1.1%

Value ($000) $102,713 (-4.6%) Shares 1,077,221 (-2.4%) Est. Cost $73.66 Unrealized +33.1%

ABNB AIRBNB INC 0.6%

Value ($000) $58,706 (+9.3%) Shares 432,553 (-2.2%) Est. Cost $128.19 Unrealized -2.9%

ONEW ONEWATER MARINE INC 0.1%

Value ($000) $8,734 (-35.7%) Shares 807,187 (-5.8%) Est. Cost $18.76 Unrealized -28.8%

GTLS CHART INDS INC 0.3%

Value ($000) $30,550 (-13.5%) Shares 148,136 (-16.1%) Est. Cost $157.28 Unrealized +28.8%

KYMR KYMERA THERAPEUTICS INC 0.2%

Value ($000) $18,668 (+33.7%) Shares 239,916 (-2.8%) Est. Cost $40.70 Unrealized +65.9%

KTOS KRATOS DEFENSE & SEC SOLUTIO 0.2%

Value ($000) $20,480 (-17.9%) Shares 269,793 (-1.1%) Est. Cost $39.50 Unrealized +107.3%

Z ZILLOW GROUP INC 0.1%

Value ($000) $7,799 (-34.9%) Shares 114,322 (-26.5%) Est. Cost $57.27 Unrealized +26.4%

LPLA LPL FINL HLDGS INC 1.0%

Value ($000) $92,532 (+4.6%) Shares 259,070 (-2.6%) Est. Cost $224.76 Unrealized +57.4%

NKTR NEKTAR THERAPEUTICS 0.1%

Value ($000) $8,807 (-31.2%) Shares 208,302 (-7.4%) Est. Cost $30.29 Unrealized +84.8%

ALHC ALIGNMENT HEALTHCARE INC 0.4%

Value ($000) $36,678 (+11.6%) Shares 1,857,139 (-1.4%) Est. Cost $14.93 Unrealized +20.4%

NTSK NETSKOPE INC 0.0%

Value ($000) $1,951 (-65.9%) Shares 111,246 (-55.9%) Est. Cost $23.79 Unrealized -12.3%

UTI UNIVERSAL TECHNICAL INST INC 0.1%

Value ($000) $12,834 (-22.0%) Shares 491,172 (-2.8%) Est. Cost $30.53 Unrealized -7.3%

ONON ON HLDG AG 0.0%

Value ($000) $1,155 (-75.1%) Shares 24,848 (-77.3%) Est. Cost $52.80 Unrealized -18.4%

AEHR AEHR TEST SYS 0.1%

Value ($000) $6,419 (-34.2%) Shares 317,948 (-1.9%) Est. Cost $21.65 Unrealized +11.7%

ROIV ROIVANT SCIENCES LTD 0.1%

Value ($000) $10,484 (+39.7%) Shares 483,117 (-2.6%) Est. Cost $11.82 Unrealized +66.9%

CIEN CIENA CORP 0.1%

Value ($000) $8,427 (+52.7%) Shares 36,034 (-4.9%) Est. Cost $77.13 Unrealized +151.5%

OPCH OPTION CARE HEALTH INC 0.3%

Value ($000) $25,762 (+12.7%) Shares 808,608 (-1.8%) Est. Cost $15.08 Unrealized +94.6%

CRWD CROWDSTRIKE HLDGS INC 0.4%

Value ($000) $38,283 (-6.6%) Shares 81,669 (-2.3%) Est. Cost $166.06 Unrealized +206.6%

JPM JPMORGAN CHASE & CO. 0.0%

Value ($000) $2,983 (-46.4%) Shares 9,258 (-47.6%) Est. Cost $104.49 Unrealized +196.2%

ARX ACCELERANT HOLDINGS 0.6%

Value ($000) $60,545 (+4.3%) Shares 3,703,078 (-5.0%) Est. Cost $23.42 Unrealized -39.9%

U UNITY SOFTWARE INC 0.3%

Value ($000) $32,298 (+8.3%) Shares 731,222 (-1.9%) Est. Cost $37.08 Unrealized +9.9%

BOOT BOOT BARN HLDGS INC 0.7%

Value ($000) $63,167 (+3.9%) Shares 357,946 (-2.4%) Est. Cost $88.51 Unrealized +110.8%

ENVX ENOVIX CORPORATION 0.0%

Value ($000) $4,355 (-35.3%) Shares 595,693 (-11.8%) Est. Cost $17.21 Unrealized -43.7%

MGY MAGNOLIA OIL & GAS CORP 0.2%

Value ($000) $14,315 (-13.3%) Shares 653,948 (-5.4%) Est. Cost $13.65 Unrealized +66.5%

FWRG FIRST WATCH RESTAURANT GROUP 0.3%

Value ($000) $31,392 (-6.5%) Shares 2,081,672 (-3.0%) Est. Cost $20.87 Unrealized -19.3%

ELF E L F BEAUTY INC 0.0%

Value ($000) $2,826 (-43.2%) Shares 37,166 (-1.1%) Est. Cost $70.22 Unrealized +40.2%

LGIH LGI HOMES INC 0.1%

Value ($000) $7,758 (-20.8%) Shares 180,581 (-4.6%) Est. Cost $21.96 Unrealized +113.6%

WWD WOODWARD INC 0.1%

Value ($000) $14,062 (+16.4%) Shares 46,512 (-2.7%) Est. Cost $203.79 Unrealized +34.8%

AMT AMERICAN TOWER CORP NEW 0.1%

Value ($000) $9,074 (-17.9%) Shares 51,681 (-10.0%) Est. Cost $68.68 Unrealized +162.5%

TGTX TG THERAPEUTICS INC 0.0%

Value ($000) $608 (-76.4%) Shares 20,393 (-71.4%) Est. Cost $18.83 Unrealized +73.4%

TLSI TRISALUS LIFE SCIENCES INC 0.1%

Value ($000) $6,834 (+40.4%) Shares 979,023 (-6.5%) Est. Cost $5.33 Unrealized +5.0%

TTAN SERVICETITAN INC 0.7%

Value ($000) $63,652 (+3.2%) Shares 597,669 (-2.3%) Est. Cost $109.38 Unrealized -10.7%

COCO VITA COCO CO INC 0.1%

Value ($000) $10,021 (+23.1%) Shares 189,036 (-1.4%) Est. Cost $22.81 Unrealized +105.6%

IGIC INTL GNRL INSURANCE HLDNGS L 0.3%

Value ($000) $30,613 (+6.4%) Shares 1,220,116 (-1.6%) Est. Cost $9.53 Unrealized +146.3%

CTOS CUSTOM TRUCK ONE SOURCE INC 0.0%

Value ($000) $2,361 (-42.5%) Shares 409,878 (-35.9%) Est. Cost $9.27 Unrealized -34.2%

TKO TKO GROUP HOLDINGS INC 1.5%

Value ($000) $145,171 (+0.8%) Shares 694,600 (-2.6%) Est. Cost $94.30 Unrealized +105.5%

LEN LENNAR CORP 0.0%

Value ($000) $2,515 (-31.6%) Shares 24,466 (-16.1%) Est. Cost $107.30 Unrealized +12.5%

IBN ICICI BANK LIMITED 0.3%

Value ($000) $29,689 (-3.7%) Shares 996,262 (-2.3%) Est. Cost $20.46 Unrealized —

RACE FERRARI N V 0.0%

Value ($000) $2,788 (-28.5%) Shares 7,544 (-6.1%) Est. Cost $450.38 Unrealized -11.2%

MSGS MADISON SQUARE GRDN SPRT COR 0.1%

Value ($000) $9,738 (+12.4%) Shares 37,649 (-1.3%) Est. Cost $159.45 Unrealized +42.8%

WSC WILLSCOT HLDGS CORP 0.0%

Value ($000) $677 (-61.3%) Shares 35,945 (-56.6%) Est. Cost $21.56 Unrealized -6.5%

VMC VULCAN MATLS CO 0.1%

Value ($000) $6,932 (-13.1%) Shares 24,304 (-6.2%) Est. Cost $135.31 Unrealized +116.6%

FWONK LIBERTY MEDIA CORP DEL 0.1%

Value ($000) $7,068 (-11.4%) Shares 71,752 (-6.1%) Est. Cost $71.61 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.2%

Value ($000) $19,481 (+4.9%) Shares 64,104 (-3.6%) Est. Cost $224.60 Unrealized —

KLAR KLARNA GROUP PLC 0.0%

Value ($000) $2,649 (-24.8%) Shares 91,634 (-4.7%) Est. Cost $42.59 Unrealized -19.4%

SEI SOLARIS ENERGY INFRAS INC 0.1%

Value ($000) $11,219 (+7.8%) Shares 244,045 (-6.3%) Est. Cost $27.32 Unrealized +76.8%

MA MASTERCARD INCORPORATED 0.2%

Value ($000) $17,990 (-4.0%) Shares 31,513 (-4.4%) Est. Cost $125.55 Unrealized +345.2%

SHW SHERWIN WILLIAMS CO 0.1%

Value ($000) $6,290 (-10.6%) Shares 19,411 (-4.5%) Est. Cost $298.91 Unrealized +11.8%

HEI/A HEICO CORP NEW 0.1%

Value ($000) $6,660 (-9.8%) Shares 26,382 (-9.2%) Est. Cost $109.05 Unrealized +126.5%

HNGE HINGE HEALTH INC 0.1%

Value ($000) $9,393 (-6.8%) Shares 202,212 (-1.5%) Est. Cost $41.55 Unrealized +15.9%

FRPT FRESHPET INC 0.7%

Value ($000) $64,290 (-1.0%) Shares 1,055,140 (-10.5%) Est. Cost $26.89 Unrealized +110.9%

COST COSTCO WHSL CORP NEW 0.1%

Value ($000) $6,639 (-8.6%) Shares 7,699 (-1.9%) Est. Cost $535.22 Unrealized +69.2%

RKLB ROCKET LAB CORP 0.0%

Value ($000) $1,560 (+42.7%) Shares 22,369 (-2.0%) Est. Cost $24.48 Unrealized +134.2%

SG SWEETGREEN INC 0.0%

Value ($000) $888 (-34.2%) Shares 131,427 (-22.4%) Est. Cost $19.23 Unrealized -64.3%

AAPL APPLE INC 0.1%

Value ($000) $9,989 (+4.6%) Shares 36,743 (-2.1%) Est. Cost $108.97 Unrealized +146.3%

TXRH TEXAS ROADHOUSE INC 0.3%

Value ($000) $30,266 (-1.3%) Shares 182,324 (-1.3%) Est. Cost $151.12 Unrealized +11.7%

WMT WALMART INC 0.1%

Value ($000) $6,536 (+6.5%) Shares 58,666 (-1.5%) Est. Cost $62.39 Unrealized +71.8%

NN NEXTNAV INC 0.0%

Value ($000) $3,143 (+13.2%) Shares 188,866 (-2.7%) Est. Cost $12.83 Unrealized +10.7%

APA APA CORPORATION 0.0%

Value ($000) $797 (-29.8%) Shares 32,573 (-30.3%) Est. Cost $16.01 Unrealized +50.7%

SDHC SMITH DOUGLAS HOMES CORP 0.0%

Value ($000) $3,712 (-7.7%) Shares 221,324 (-2.8%) Est. Cost $28.04 Unrealized -35.5%

KRNT KORNIT DIGITAL LTD 0.1%

Value ($000) $6,347 (-4.5%) Shares 441,391 (-10.3%) Est. Cost $33.73 Unrealized -59.4%

AFRM AFFIRM HLDGS INC 0.7%

Value ($000) $70,925 (-0.4%) Shares 952,909 (-2.2%) Est. Cost $55.92 Unrealized +28.7%

CEG CONSTELLATION ENERGY CORP 0.1%

Value ($000) $5,805 (-4.7%) Shares 16,431 (-11.3%) Est. Cost $199.64 Unrealized +81.9%

STOK STOKE THERAPEUTICS INC 0.0%

Value ($000) $3,887 (+6.6%) Shares 122,448 (-21.1%) Est. Cost $12.39 Unrealized +142.5%

ENPH ENPHASE ENERGY INC 0.0%

Value ($000) $1,054 (-17.2%) Shares 32,872 (-8.6%) Est. Cost $8.70 Unrealized +272.1%

AMBQ AMBIQ MICRO INC 0.0%

Value ($000) $2,672 (-6.7%) Shares 93,745 (-2.1%) Est. Cost $36.46 Unrealized -21.4%

SKWD SKYWARD SPECIALTY INS GROUP 0.0%

Value ($000) $4,686 (+3.7%) Shares 91,687 (-3.5%) Est. Cost $20.89 Unrealized +130.1%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $2,003 (-6.9%) Shares 3,984 (-6.9%) Est. Cost $230.27 Unrealized +116.1%

SU SUNCOR ENERGY INC NEW 0.1%

Value ($000) $6,654 (+2.2%) Shares 150,003 (-3.6%) Est. Cost $25.50 Unrealized +65.8%

YOU CLEAR SECURE INC 0.0%

Value ($000) $4,128 (+3.6%) Shares 117,660 (-1.4%) Est. Cost $32.95 Unrealized +3.1%

EXE EXPAND ENERGY CORPORATION 0.0%

Value ($000) $1,149 (-9.0%) Shares 10,408 (-12.4%) Est. Cost $87.94 Unrealized +25.8%

INSP INSPIRE MED SYS INC 0.0%

Value ($000) $1,406 (+7.6%) Shares 15,241 (-13.4%) Est. Cost $68.50 Unrealized +39.7%

TMDX TRANSMEDICS GROUP INC 0.0%

Value ($000) $755 (-6.2%) Shares 6,207 (-13.5%) Est. Cost $76.71 Unrealized +63.6%

HEI HEICO CORP NEW 0.0%

Value ($000) $4,561 (-1.0%) Shares 14,095 (-1.2%) Est. Cost $92.32 Unrealized +242.3%

MUSA MURPHY USA INC 0.0%

Value ($000) $3,998 (-0.6%) Shares 9,907 (-4.3%) Est. Cost $387.51 Unrealized -1.1%

LSCC LATTICE SEMICONDUCTOR CORP 0.0%

Value ($000) $636 (-2.0%) Shares 8,642 (-2.3%) Est. Cost $52.50 Unrealized —

CNR CORE NATURAL RESOURCES INC 0.0%

Value ($000) $2,673 (-0.3%) Shares 30,202 (-6.0%) Est. Cost $70.86 Unrealized +20.2%

WPM WHEATON PRECIOUS METALS CORP 0.1%

Value ($000) $5,908 (+0.0%) Shares 50,272 (-4.8%) Est. Cost $18.25 Unrealized +486.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DUOL	DUOLINGO INC	506,131 (-11.6%)	$88,826 (-51.8%)	0.9%	$145.07	+62.4%	CL A COM	26603R106
PCOR	PROCORE TECHNOLOGIES INC	15,132 (-98.5%)	$1,101 (-98.5%)	0.0%	$83.39	-11.3%	COM	74275K108
MU	MICRON TECHNOLOGY INC	496,334 (-2.6%)	$141,659 (+66.2%)	1.5%	$94.70	+142.2%	COM	595112103
ISRG	INTUITIVE SURGICAL INC	473,545 (-1.5%)	$268,197 (+24.7%)	2.8%	$285.95	+86.2%	COM NEW	46120E602
NET	CLOUDFLARE INC	1,754,461 (-4.5%)	$345,892 (-12.2%)	3.7%	$25.66	+724.2%	CL A COM	18915M107
APPF	APPFOLIO INC	419,431 (-19.0%)	$97,581 (-31.6%)	1.0%	$137.92	+72.3%	COM CL A	03783C100
ROKU	ROKU INC	481,299 (-50.2%)	$52,216 (-46.0%)	0.6%	$67.26	+50.9%	COM CL A	77543R102
META	META PLATFORMS INC	410,257 (-2.6%)	$270,807 (-12.4%)	2.9%	$128.23	+420.4%	CL A	30303M102
FIGR	FIGURE TECHNOLOGY SOLUTIO	2,005,143 (-38.7%)	$81,890 (-31.2%)	0.9%	$38.84	+3.0%	COM CL A	349381103
NTRA	NATERA INC	828,300 (-13.6%)	$189,755 (+22.9%)	2.0%	$62.48	+233.8%	COM	632307104
NBIS	NEBIUS GROUP N.V.	1,013,986 (-3.4%)	$84,876 (-27.9%)	0.9%	$39.68	+161.2%	SHS CLASS A	N97284108
GOOGL	ALPHABET INC	485,809 (-1.5%)	$152,058 (+26.9%)	1.6%	$107.18	+166.5%	CAP STK CL A	02079K305
TEM	TEMPUS AI INC	576,774 (-25.9%)	$34,059 (-45.8%)	0.4%	$63.07	+24.0%	CL A	88023B103
WRBY	WARBY PARKER INC	854,143 (-48.8%)	$18,612 (-59.5%)	0.2%	$14.51	+49.9%	CL A COM	93403J106
GOOG	ALPHABET INC	389,782 (-2.5%)	$122,314 (+25.7%)	1.3%	$110.86	+158.3%	CAP STK CL C	02079K107
POOL	POOL CORP	280,857 (-2.2%)	$64,246 (-27.9%)	0.7%	$57.35	+352.4%	COM	73278L105
SPOT	SPOTIFY TECHNOLOGY S A	129,883 (-8.2%)	$75,424 (-23.6%)	0.8%	$237.33	+163.4%	SHS	L8681T102
NVDA	NVIDIA CORPORATION	2,579,709 (-4.6%)	$481,116 (-4.6%)	5.1%	$90.09	+106.6%	COM	67066G104
ALNY	ALNYLAM PHARMACEUTICALS INC	319,305 (-3.0%)	$126,972 (-15.4%)	1.3%	$45.25	+877.9%	COM	02043Q107
TSEM	TOWER SEMICONDUCTOR LTD	471,954 (-2.5%)	$55,417 (+58.4%)	0.6%	$54.61	+76.4%	SHS NEW	M87915274
SHAK	SHAKE SHACK INC	1,269,116 (-2.8%)	$103,014 (-15.8%)	1.1%	$50.37	+75.0%	CL A	819047101
SFM	SPROUTS FMRS MKT INC	511,346 (-3.9%)	$40,739 (-29.6%)	0.4%	$30.19	+197.2%	COM	85208M102
ANET	ARISTA NETWORKS INC	816,531 (-3.0%)	$106,990 (-12.8%)	1.1%	$102.84	+33.9%	COM SHS	040413205
TBBB	BBB FOODS INC	2,511,410 (-1.5%)	$83,856 (+22.0%)	0.9%	$23.15	+29.2%	CL A COM	G0896C103
SITM	SITIME CORP	371,294 (-3.6%)	$131,137 (+13.0%)	1.4%	$124.42	+151.5%	COM	82982T106
NYT	NEW YORK TIMES CO	1,348,621 (-2.6%)	$93,621 (+17.8%)	1.0%	$27.34	+126.2%	CL A	650111107
GAP	GAP INC	3,735,108 (-2.1%)	$95,619 (+17.1%)	1.0%	$21.94	+9.7%	COM	364760108
HUBS	HUBSPOT INC	165,938 (-3.4%)	$66,591 (-17.1%)	0.7%	$35.95	+1052.4%	COM	443573100
BNTX	BIONTECH SE	32,287 (-80.9%)	$3,074 (-81.5%)	0.0%	$139.22	—	SPONSORED ADS	09075V102
KNF	KNIFE RIVER CORP	44,474 (-77.9%)	$3,129 (-79.7%)	0.0%	$51.43	+36.6%	COMMON STOCK	498894104
BRCB	BLACK ROCK COFFEE BAR INC	976,304 (-30.8%)	$21,723 (-35.5%)	0.2%	$26.13	-11.3%	CL A	092244102
TOST	TOAST INC	4,390,564 (-4.3%)	$155,909 (-6.9%)	1.6%	$41.19	-12.5%	CL A	888787108
OSCR	OSCAR HEALTH INC	1,108,595 (-22.0%)	$15,931 (-40.8%)	0.2%	$11.87	+45.8%	CL A	687793109
SPNT	SIRIUSPOINT LTD	3,293,875 (-3.4%)	$72,103 (+16.8%)	0.8%	$10.05	+99.4%	COM	G8192H106
GKOS	GLAUKOS CORP	154,442 (-53.8%)	$17,438 (-36.1%)	0.2%	$101.53	-5.9%	COM	377322102
MSFT	MICROSOFT CORP	162,696 (-4.2%)	$78,683 (-10.6%)	0.8%	$178.25	+180.8%	COM	594918104
PLTR	PALANTIR TECHNOLOGIES INC	241,719 (-15.5%)	$42,966 (-17.6%)	0.5%	$21.31	+749.5%	CL A	69608A108
FND	FLOOR & DECOR HLDGS INC	524,055 (-6.0%)	$31,910 (-22.3%)	0.3%	$71.40	-9.2%	CL A	339750101
TLN	TALEN ENERGY CORP	123,521 (-5.2%)	$46,301 (-16.5%)	0.5%	$150.40	+158.4%	COM	87422Q109
CALX	CALIX INC	887,927 (-1.6%)	$46,998 (-15.2%)	0.5%	$25.79	+125.8%	COM	13100M509
TSLA	TESLA INC	726,497 (-3.5%)	$326,720 (-2.4%)	3.4%	$215.21	+106.0%	COM	88160R101
MDB	MONGODB INC	103,781 (-9.8%)	$43,556 (+22.0%)	0.5%	$83.69	+334.8%	CL A	60937P106
CB	CHUBB LIMITED	28,860 (-51.5%)	$9,008 (-46.3%)	0.1%	$114.84	+154.6%	COM	H1467J104
CSGP	COSTAR GROUP INC	240,034 (-13.8%)	$16,140 (-31.3%)	0.2%	$82.57	-14.2%	COM	22160N109
LYV	LIVE NATION ENTERTAINMENT IN	57,131 (-39.4%)	$8,141 (-47.2%)	0.1%	$139.64	+2.9%	COM	538034109
SNOW	SNOWFLAKE INC	51,600 (-37.0%)	$11,319 (-38.8%)	0.1%	$176.84	+38.0%	COM SHS	833445109
FNV	FRANCO NEV CORP	341,137 (-2.1%)	$70,711 (-9.0%)	0.7%	$154.26	+31.5%	COM	351858105
SHOP	SHOPIFY INC	2,178,396 (-5.9%)	$350,656 (+1.9%)	3.7%	$64.91	+147.4%	CL A SUB VTG SHS	82509L107
HDB	HDFC BANK LTD	473,474 (-32.1%)	$17,301 (-27.4%)	0.2%	$49.25	—	SPONSORED ADS	40415F101
LOAR	LOAR HOLDINGS INC	466,869 (-1.8%)	$31,747 (-16.5%)	0.3%	$54.34	+34.2%	COM SHS	53947R105
PWR	QUANTA SVCS INC	373,367 (-5.5%)	$157,583 (-3.8%)	1.7%	$158.23	+177.6%	COM	74762E102
SN	SHARKNINJA INC	990,624 (-2.5%)	$110,851 (+5.8%)	1.2%	$97.04	+1.6%	COM SHS	G8068L108
EMBJ	EMBRAER S.A.	2,323,295 (-2.2%)	$149,550 (+4.2%)	1.6%	$28.89	—	SPONSORED ADS	29082A107
ESLT	ELBIT SYS LTD	107,124 (-2.5%)	$61,887 (+10.4%)	0.7%	$323.15	+54.9%	ORD	M3760D101
AGI	ALAMOS GOLD INC NEW	142,977 (-55.4%)	$5,516 (-50.6%)	0.1%	$7.34	+374.7%	COM CL A	011532108
TPR	TAPESTRY INC	7,981 (-86.4%)	$1,020 (-84.6%)	0.0%	$76.65	+48.8%	COM	876030107
CWH	CAMPING WORLD HLDGS INC	312,049 (-40.2%)	$3,036 (-63.2%)	0.0%	$19.33	-36.6%	CL A	13462K109
TWLO	TWILIO INC	142,844 (-5.8%)	$20,318 (+33.9%)	0.2%	$115.85	+6.9%	CL A	90138F102
BSX	BOSTON SCIENTIFIC CORP	1,077,221 (-2.4%)	$102,713 (-4.6%)	1.1%	$73.66	+33.1%	COM	101137107
ABNB	AIRBNB INC	432,553 (-2.2%)	$58,706 (+9.3%)	0.6%	$128.19	-2.9%	COM CL A	009066101
ONEW	ONEWATER MARINE INC	807,187 (-5.8%)	$8,734 (-35.7%)	0.1%	$18.76	-28.8%	CL A COM	68280L101
GTLS	CHART INDS INC	148,136 (-16.1%)	$30,550 (-13.5%)	0.3%	$157.28	+28.8%	COM	16115Q308
KYMR	KYMERA THERAPEUTICS INC	239,916 (-2.8%)	$18,668 (+33.7%)	0.2%	$40.70	+65.9%	COM	501575104
KTOS	KRATOS DEFENSE & SEC SOLUTIO	269,793 (-1.1%)	$20,480 (-17.9%)	0.2%	$39.50	+107.3%	COM NEW	50077B207
Z	ZILLOW GROUP INC	114,322 (-26.5%)	$7,799 (-34.9%)	0.1%	$57.27	+26.4%	CL C CAP STK	98954M200
LPLA	LPL FINL HLDGS INC	259,070 (-2.6%)	$92,532 (+4.6%)	1.0%	$224.76	+57.4%	COM	50212V100
NKTR	NEKTAR THERAPEUTICS	208,302 (-7.4%)	$8,807 (-31.2%)	0.1%	$30.29	+84.8%	COM NEW	640268306
ALHC	ALIGNMENT HEALTHCARE INC	1,857,139 (-1.4%)	$36,678 (+11.6%)	0.4%	$14.93	+20.4%	COM	01625V104
NTSK	NETSKOPE INC	111,246 (-55.9%)	$1,951 (-65.9%)	0.0%	$23.79	-12.3%	CL A	64119N608
UTI	UNIVERSAL TECHNICAL INST INC	491,172 (-2.8%)	$12,834 (-22.0%)	0.1%	$30.53	-7.3%	COM	913915104
ONON	ON HLDG AG	24,848 (-77.3%)	$1,155 (-75.1%)	0.0%	$52.80	-18.4%	NAMEN AKT A	H5919C104
AEHR	AEHR TEST SYS	317,948 (-1.9%)	$6,419 (-34.2%)	0.1%	$21.65	+11.7%	COM	00760J108
ROIV	ROIVANT SCIENCES LTD	483,117 (-2.6%)	$10,484 (+39.7%)	0.1%	$11.82	+66.9%	SHS	G76279101
CIEN	CIENA CORP	36,034 (-4.9%)	$8,427 (+52.7%)	0.1%	$77.13	+151.5%	COM NEW	171779309
OPCH	OPTION CARE HEALTH INC	808,608 (-1.8%)	$25,762 (+12.7%)	0.3%	$15.08	+94.6%	COM NEW	68404L201
CRWD	CROWDSTRIKE HLDGS INC	81,669 (-2.3%)	$38,283 (-6.6%)	0.4%	$166.06	+206.6%	CL A	22788C105
JPM	JPMORGAN CHASE & CO.	9,258 (-47.6%)	$2,983 (-46.4%)	0.0%	$104.49	+196.2%	COM	46625H100
ARX	ACCELERANT HOLDINGS	3,703,078 (-5.0%)	$60,545 (+4.3%)	0.6%	$23.42	-39.9%	CL A	G00894108
U	UNITY SOFTWARE INC	731,222 (-1.9%)	$32,298 (+8.3%)	0.3%	$37.08	+9.9%	COM	91332U101
BOOT	BOOT BARN HLDGS INC	357,946 (-2.4%)	$63,167 (+3.9%)	0.7%	$88.51	+110.8%	COM	099406100
ENVX	ENOVIX CORPORATION	595,693 (-11.8%)	$4,355 (-35.3%)	0.0%	$17.21	-43.7%	COM	293594107
MGY	MAGNOLIA OIL & GAS CORP	653,948 (-5.4%)	$14,315 (-13.3%)	0.2%	$13.65	+66.5%	CL A	559663109
FWRG	FIRST WATCH RESTAURANT GROUP	2,081,672 (-3.0%)	$31,392 (-6.5%)	0.3%	$20.87	-19.3%	COM	33748L101
ELF	E L F BEAUTY INC	37,166 (-1.1%)	$2,826 (-43.2%)	0.0%	$70.22	+40.2%	COM	26856L103
LGIH	LGI HOMES INC	180,581 (-4.6%)	$7,758 (-20.8%)	0.1%	$21.96	+113.6%	COM	50187T106
WWD	WOODWARD INC	46,512 (-2.7%)	$14,062 (+16.4%)	0.1%	$203.79	+34.8%	COM	980745103
AMT	AMERICAN TOWER CORP NEW	51,681 (-10.0%)	$9,074 (-17.9%)	0.1%	$68.68	+162.5%	COM	03027X100
TGTX	TG THERAPEUTICS INC	20,393 (-71.4%)	$608 (-76.4%)	0.0%	$18.83	+73.4%	COM	88322Q108
TLSI	TRISALUS LIFE SCIENCES INC	979,023 (-6.5%)	$6,834 (+40.4%)	0.1%	$5.33	+5.0%	COM	89680M101
TTAN	SERVICETITAN INC	597,669 (-2.3%)	$63,652 (+3.2%)	0.7%	$109.38	-10.7%	SHS CL A	81764X103
COCO	VITA COCO CO INC	189,036 (-1.4%)	$10,021 (+23.1%)	0.1%	$22.81	+105.6%	COM	92846Q107
IGIC	INTL GNRL INSURANCE HLDNGS L	1,220,116 (-1.6%)	$30,613 (+6.4%)	0.3%	$9.53	+146.3%	SHS	G4809J106
CTOS	CUSTOM TRUCK ONE SOURCE INC	409,878 (-35.9%)	$2,361 (-42.5%)	0.0%	$9.27	-34.2%	COM CL A	23204X103
TKO	TKO GROUP HOLDINGS INC	694,600 (-2.6%)	$145,171 (+0.8%)	1.5%	$94.30	+105.5%	CL A	87256C101
LEN	LENNAR CORP	24,466 (-16.1%)	$2,515 (-31.6%)	0.0%	$107.30	+12.5%	CL A	526057104
IBN	ICICI BANK LIMITED	996,262 (-2.3%)	$29,689 (-3.7%)	0.3%	$20.46	—	ADR	45104G104
RACE	FERRARI N V	7,544 (-6.1%)	$2,788 (-28.5%)	0.0%	$450.38	-11.2%	COM	N3167Y103
MSGS	MADISON SQUARE GRDN SPRT COR	37,649 (-1.3%)	$9,738 (+12.4%)	0.1%	$159.45	+42.8%	CL A	55825T103
WSC	WILLSCOT HLDGS CORP	35,945 (-56.6%)	$677 (-61.3%)	0.0%	$21.56	-6.5%	COM CL A	971378104
VMC	VULCAN MATLS CO	24,304 (-6.2%)	$6,932 (-13.1%)	0.1%	$135.31	+116.6%	COM	929160109
FWONK	LIBERTY MEDIA CORP DEL	71,752 (-6.1%)	$7,068 (-11.4%)	0.1%	$71.61	—	COM LBTY ONE S C	531229755
TSM	TAIWAN SEMICONDUCTOR MFG LTD	64,104 (-3.6%)	$19,481 (+4.9%)	0.2%	$224.60	—	SPONSORED ADS	874039100
KLAR	KLARNA GROUP PLC	91,634 (-4.7%)	$2,649 (-24.8%)	0.0%	$42.59	-19.4%	SHS	G5279N105
SEI	SOLARIS ENERGY INFRAS INC	244,045 (-6.3%)	$11,219 (+7.8%)	0.1%	$27.32	+76.8%	COM CL A	83418M103
MA	MASTERCARD INCORPORATED	31,513 (-4.4%)	$17,990 (-4.0%)	0.2%	$125.55	+345.2%	CL A	57636Q104
SHW	SHERWIN WILLIAMS CO	19,411 (-4.5%)	$6,290 (-10.6%)	0.1%	$298.91	+11.8%	COM	824348106
HEI/A	HEICO CORP NEW	26,382 (-9.2%)	$6,660 (-9.8%)	0.1%	$109.05	+126.5%	CL A	422806208
HNGE	HINGE HEALTH INC	202,212 (-1.5%)	$9,393 (-6.8%)	0.1%	$41.55	+15.9%	CL A	433313103
FRPT	FRESHPET INC	1,055,140 (-10.5%)	$64,290 (-1.0%)	0.7%	$26.89	+110.9%	COM	358039105
COST	COSTCO WHSL CORP NEW	7,699 (-1.9%)	$6,639 (-8.6%)	0.1%	$535.22	+69.2%	COM	22160K105
RKLB	ROCKET LAB CORP	22,369 (-2.0%)	$1,560 (+42.7%)	0.0%	$24.48	+134.2%	COM	773121108
SG	SWEETGREEN INC	131,427 (-22.4%)	$888 (-34.2%)	0.0%	$19.23	-64.3%	COM CL A	87043Q108
AAPL	APPLE INC	36,743 (-2.1%)	$9,989 (+4.6%)	0.1%	$108.97	+146.3%	COM	037833100
TXRH	TEXAS ROADHOUSE INC	182,324 (-1.3%)	$30,266 (-1.3%)	0.3%	$151.12	+11.7%	COM	882681109
WMT	WALMART INC	58,666 (-1.5%)	$6,536 (+6.5%)	0.1%	$62.39	+71.8%	COM	931142103
NN	NEXTNAV INC	188,866 (-2.7%)	$3,143 (+13.2%)	0.0%	$12.83	+10.7%	COMMON STOCK	65345N106
APA	APA CORPORATION	32,573 (-30.3%)	$797 (-29.8%)	0.0%	$16.01	+50.7%	COM	03743Q108
SDHC	SMITH DOUGLAS HOMES CORP	221,324 (-2.8%)	$3,712 (-7.7%)	0.0%	$28.04	-35.5%	COM SHS CL A	83207R107
KRNT	KORNIT DIGITAL LTD	441,391 (-10.3%)	$6,347 (-4.5%)	0.1%	$33.73	-59.4%	SHS	M6372Q113
AFRM	AFFIRM HLDGS INC	952,909 (-2.2%)	$70,925 (-0.4%)	0.7%	$55.92	+28.7%	COM CL A	00827B106
CEG	CONSTELLATION ENERGY CORP	16,431 (-11.3%)	$5,805 (-4.7%)	0.1%	$199.64	+81.9%	COM	21037T109
STOK	STOKE THERAPEUTICS INC	122,448 (-21.1%)	$3,887 (+6.6%)	0.0%	$12.39	+142.5%	COM	86150R107
ENPH	ENPHASE ENERGY INC	32,872 (-8.6%)	$1,054 (-17.2%)	0.0%	$8.70	+272.1%	COM	29355A107
AMBQ	AMBIQ MICRO INC	93,745 (-2.1%)	$2,672 (-6.7%)	0.0%	$36.46	-21.4%	COMMON STOCK	023193105
SKWD	SKYWARD SPECIALTY INS GROUP	91,687 (-3.5%)	$4,686 (+3.7%)	0.0%	$20.89	+130.1%	COM	830940102
BRK/B	BERKSHIRE HATHAWAY INC DEL	3,984 (-6.9%)	$2,003 (-6.9%)	0.0%	$230.27	+116.1%	CL B NEW	084670702
SU	SUNCOR ENERGY INC NEW	150,003 (-3.6%)	$6,654 (+2.2%)	0.1%	$25.50	+65.8%	COM	867224107
YOU	CLEAR SECURE INC	117,660 (-1.4%)	$4,128 (+3.6%)	0.0%	$32.95	+3.1%	COM CL A	18467V109
EXE	EXPAND ENERGY CORPORATION	10,408 (-12.4%)	$1,149 (-9.0%)	0.0%	$87.94	+25.8%	COM	165167735
INSP	INSPIRE MED SYS INC	15,241 (-13.4%)	$1,406 (+7.6%)	0.0%	$68.50	+39.7%	COM	457730109
TMDX	TRANSMEDICS GROUP INC	6,207 (-13.5%)	$755 (-6.2%)	0.0%	$76.71	+63.6%	COM	89377M109
HEI	HEICO CORP NEW	14,095 (-1.2%)	$4,561 (-1.0%)	0.0%	$92.32	+242.3%	COM	422806109
MUSA	MURPHY USA INC	9,907 (-4.3%)	$3,998 (-0.6%)	0.0%	$387.51	-1.1%	COM	626755102
LSCC	LATTICE SEMICONDUCTOR CORP	8,642 (-2.3%)	$636 (-2.0%)	0.0%	$52.50	—	COM	518415104
CNR	CORE NATURAL RESOURCES INC	30,202 (-6.0%)	$2,673 (-0.3%)	0.0%	$70.86	+20.2%	COM SHS	218937100
WPM	WHEATON PRECIOUS METALS CORP	50,272 (-4.8%)	$5,908 (+0.0%)	0.1%	$18.25	+486.7%	COM	962879102

Unchanged Positions (39)

RBLX ROBLOX CORP 1.5%

Value ($000) $137,922 Shares 1,702,110 Est. Cost $48.79 Unrealized +117.6%

ARQT ARCUTIS BIOTHERAPEUTICS INC 1.4%

Value ($000) $129,340 Shares 4,453,856 Est. Cost $8.63 Unrealized +196.7%

MELI MERCADOLIBRE INC 1.2%

Value ($000) $110,307 Shares 54,763 Est. Cost $688.71 Unrealized +205.0%

RIVN RIVIAN AUTOMOTIVE INC 0.7%

Value ($000) $70,995 Shares 3,601,956 Est. Cost $11.66 Unrealized +36.2%

AMZN AMAZON COM INC 4.4%

Value ($000) $415,386 Shares 1,799,609 Est. Cost $120.09 Unrealized +90.5%

BBIO BRIDGEBIO PHARMA INC 0.4%

Value ($000) $35,031 Shares 457,977 Est. Cost $37.35 Unrealized +75.8%

FIG FIGMA INC 0.3%

Value ($000) $24,946 Shares 667,532 Est. Cost $68.66 Unrealized -34.2%

HIMS HIMS & HERS HEALTH INC 0.1%

Value ($000) $5,001 Shares 154,032 Est. Cost $10.52 Unrealized +307.2%

CYTK CYTOKINETICS INC 0.3%

Value ($000) $24,515 Shares 385,820 Est. Cost $38.53 Unrealized +61.4%

DASH DOORDASH INC 0.1%

Value ($000) $10,386 Shares 45,860 Est. Cost $163.37 Unrealized +43.6%

COIN COINBASE GLOBAL INC 0.0%

Value ($000) $3,991 Shares 17,649 Est. Cost $65.82 Unrealized +352.7%

WRB BERKLEY W R CORP 0.2%

Value ($000) $16,952 Shares 241,764 Est. Cost $34.98 Unrealized +107.9%

CBOE CBOE GLOBAL MKTS INC 0.5%

Value ($000) $52,033 Shares 207,302 Est. Cost $180.68 Unrealized +37.7%

LUNR INTUITIVE MACHINES INC 0.0%

Value ($000) $2,728 Shares 168,112 Est. Cost $10.14 Unrealized +14.2%

MAMA MAMAS CREATIONS INC 0.0%

Value ($000) $3,316 Shares 245,780 Est. Cost $7.20 Unrealized +59.6%

PAG PENSKE AUTOMOTIVE GRP INC 0.1%

Value ($000) $6,585 Shares 41,604 Est. Cost $43.16 Unrealized +281.0%

MLM MARTIN MARIETTA MATLS INC 0.5%

Value ($000) $48,912 Shares 78,553 Est. Cost $277.90 Unrealized +123.6%

BV BRIGHTVIEW HLDGS INC 0.1%

Value ($000) $8,379 Shares 661,302 Est. Cost $13.01 Unrealized -2.4%

EYE NATIONAL VISION HLDGS INC 0.0%

Value ($000) $2,895 Shares 112,134 Est. Cost $17.40 Unrealized +54.6%

ARGX ARGENX SE 0.0%

Value ($000) $3,171 Shares 3,771 Est. Cost $240.69 Unrealized —

PCT PURECYCLE TECHNOLOGIES INC 0.0%

Value ($000) $693 Shares 80,670 Est. Cost $11.61 Unrealized -8.6%

TWFG TWFG INC 0.1%

Value ($000) $6,862 Shares 238,520 Est. Cost $25.94 Unrealized +4.8%

RDNT RADNET INC 0.0%

Value ($000) $3,761 Shares 52,705 Est. Cost $56.89 Unrealized +35.7%

EME EMCOR GROUP INC 0.0%

Value ($000) $3,407 Shares 5,569 Est. Cost $208.00 Unrealized +211.3%

PCVX VAXCYTE INC 0.0%

Value ($000) $743 Shares 16,109 Est. Cost $40.90 Unrealized +9.4%

PI IMPINJ INC 0.0%

Value ($000) $4,412 Shares 25,352 Est. Cost $54.80 Unrealized +225.1%

CCO CLEAR CHANNEL OUTDOOR HLDGS 0.0%

Value ($000) $517 Shares 233,784 Est. Cost $1.49 Unrealized +24.5%

GTX GARRETT MOTION INC 0.0%

Value ($000) $439 Shares 25,201 Est. Cost $7.65 Unrealized +108.2%

BWXT BWX TECHNOLOGIES INC 0.0%

Value ($000) $1,379 Shares 7,979 Est. Cost $116.37 Unrealized +61.1%

HWM HOWMET AEROSPACE INC 0.0%

Value ($000) $2,020 Shares 9,853 Est. Cost $48.38 Unrealized +311.3%

DDOG DATADOG INC 0.0%

Value ($000) $1,737 Shares 12,776 Est. Cost $111.31 Unrealized +42.0%

WING WINGSTOP INC 0.0%

Value ($000) $973 Shares 4,080 Est. Cost $311.03 Unrealized -20.4%

ASAN ASANA INC 0.0%

Value ($000) $1,340 Shares 97,757 Est. Cost $18.97 Unrealized -27.5%

EZPW EZCORP INC 0.0%

Value ($000) $3,502 Shares 180,329 Est. Cost $14.96 Unrealized +26.0%

L LOEWS CORP 0.0%

Value ($000) $438 Shares 4,157 Est. Cost $60.53 Unrealized +70.5%

ACMR ACM RESH INC 0.0%

Value ($000) $1,987 Shares 50,368 Est. Cost $22.96 Unrealized +62.3%

IRDM IRIDIUM COMMUNICATIONS INC 0.0%

Value ($000) $1,106 Shares 63,650 Est. Cost $24.71 Unrealized -28.5%

VLN VALENS SEMICONDUCTOR LTD 0.0%

Value ($000) $19 Shares 13,724 Est. Cost $2.54 Unrealized -35.1%

FERG FERGUSON ENTERPRISES INC 0.0%

Value ($000) $478 Shares 2,147 Est. Cost $197.54 Unrealized +20.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RBLX	ROBLOX CORP	1,702,110	$137,922	1.5%	$48.79	+117.6%	CL A	771049103
ARQT	ARCUTIS BIOTHERAPEUTICS INC	4,453,856	$129,340	1.4%	$8.63	+196.7%	COM	03969K108
MELI	MERCADOLIBRE INC	54,763	$110,307	1.2%	$688.71	+205.0%	COM	58733R102
RIVN	RIVIAN AUTOMOTIVE INC	3,601,956	$70,995	0.7%	$11.66	+36.2%	COM CL A	76954A103
AMZN	AMAZON COM INC	1,799,609	$415,386	4.4%	$120.09	+90.5%	COM	023135106
BBIO	BRIDGEBIO PHARMA INC	457,977	$35,031	0.4%	$37.35	+75.8%	COM	10806X102
FIG	FIGMA INC	667,532	$24,946	0.3%	$68.66	-34.2%	CLASS A COM STK	316841105
HIMS	HIMS & HERS HEALTH INC	154,032	$5,001	0.1%	$10.52	+307.2%	COM CL A	433000106
CYTK	CYTOKINETICS INC	385,820	$24,515	0.3%	$38.53	+61.4%	COM NEW	23282W605
DASH	DOORDASH INC	45,860	$10,386	0.1%	$163.37	+43.6%	CL A	25809K105
COIN	COINBASE GLOBAL INC	17,649	$3,991	0.0%	$65.82	+352.7%	COM CL A	19260Q107
WRB	BERKLEY W R CORP	241,764	$16,952	0.2%	$34.98	+107.9%	COM	084423102
CBOE	CBOE GLOBAL MKTS INC	207,302	$52,033	0.5%	$180.68	+37.7%	COM	12503M108
LUNR	INTUITIVE MACHINES INC	168,112	$2,728	0.0%	$10.14	+14.2%	CLASS A COM	46125A100
MAMA	MAMAS CREATIONS INC	245,780	$3,316	0.0%	$7.20	+59.6%	COM	56146T103
PAG	PENSKE AUTOMOTIVE GRP INC	41,604	$6,585	0.1%	$43.16	+281.0%	COM	70959W103
MLM	MARTIN MARIETTA MATLS INC	78,553	$48,912	0.5%	$277.90	+123.6%	COM	573284106
BV	BRIGHTVIEW HLDGS INC	661,302	$8,379	0.1%	$13.01	-2.4%	COM	10948C107
EYE	NATIONAL VISION HLDGS INC	112,134	$2,895	0.0%	$17.40	+54.6%	COM	63845R107
ARGX	ARGENX SE	3,771	$3,171	0.0%	$240.69	—	SPONSORED ADR	04016X101
PCT	PURECYCLE TECHNOLOGIES INC	80,670	$693	0.0%	$11.61	-8.6%	COM	74623V103
TWFG	TWFG INC	238,520	$6,862	0.1%	$25.94	+4.8%	COM CL A	87318A101
RDNT	RADNET INC	52,705	$3,761	0.0%	$56.89	+35.7%	COM	750491102
EME	EMCOR GROUP INC	5,569	$3,407	0.0%	$208.00	+211.3%	COM	29084Q100
PCVX	VAXCYTE INC	16,109	$743	0.0%	$40.90	+9.4%	COM	92243G108
PI	IMPINJ INC	25,352	$4,412	0.0%	$54.80	+225.1%	COM	453204109
CCO	CLEAR CHANNEL OUTDOOR HLDGS	233,784	$517	0.0%	$1.49	+24.5%	COM	18453H106
GTX	GARRETT MOTION INC	25,201	$439	0.0%	$7.65	+108.2%	COM	366505105
BWXT	BWX TECHNOLOGIES INC	7,979	$1,379	0.0%	$116.37	+61.1%	COM	05605H100
HWM	HOWMET AEROSPACE INC	9,853	$2,020	0.0%	$48.38	+311.3%	COM	443201108
DDOG	DATADOG INC	12,776	$1,737	0.0%	$111.31	+42.0%	CL A COM	23804L103
WING	WINGSTOP INC	4,080	$973	0.0%	$311.03	-20.4%	COM	974155103
ASAN	ASANA INC	97,757	$1,340	0.0%	$18.97	-27.5%	CL A	04342Y104
EZPW	EZCORP INC	180,329	$3,502	0.0%	$14.96	+26.0%	CL A NON VTG	302301106
L	LOEWS CORP	4,157	$438	0.0%	$60.53	+70.5%	COM	540424108
ACMR	ACM RESH INC	50,368	$1,987	0.0%	$22.96	+62.3%	COM CL A	00108J109
IRDM	IRIDIUM COMMUNICATIONS INC	63,650	$1,106	0.0%	$24.71	-28.5%	COM	46269C102
VLN	VALENS SEMICONDUCTOR LTD	13,724	$19	0.0%	$2.54	-35.1%	ORDINARY SHARES	M9607U115
FERG	FERGUSON ENTERPRISES INC	2,147	$478	0.0%	$197.54	+20.5%	COMMON STOCK NEW	31488V107