Ilex Capital Partners (UK) LLP Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MKC	MCCORMICK & CO INC	3,201,107	$218,027	6.2%	$65.92	0.0%	COM NON VTG	579780206
CL	COLGATE PALMOLIVE CO	2,087,190	$164,930	4.7%	$78.31	0.0%	COM	194162103
BSX	BOSTON SCIENTIFIC CORP	1,600,801	$152,636	4.3%	$98.04	0.0%	COM	101137107
MCD	MCDONALDS CORP	395,208	$120,787	3.4%	$305.09	0.0%	COM	580135101
HLT	HILTON WORLDWIDE HLDGS INC	316,998	$91,058	2.6%	$272.20	0.0%	COM	43300A203
DHR	DANAHER CORPORATION	366,522	$83,904	2.4%	$219.54	0.0%	COM	235851102
GE	GE AEROSPACE	257,284	$79,251	2.2%	$300.80	0.0%	COM NEW	369604301
PEP	PEPSICO INC	551,655	$79,174	2.2%	$145.91	0.0%	COM	713448108
SBUX	STARBUCKS CORP	651,046	$54,825	1.5%	$84.06	0.0%	COM	855244109
NVT	NVENT ELECTRIC PLC	503,037	$51,295	1.4%	$103.61	0.0%	SHS	G6700G107
—	QIAGEN NV	1,020,725	$46,579	1.3%	$45.63	—	COM SHS	N72482206
ICLR	ICON PLC	211,898	$38,612	1.1%	$178.08	0.0%	SHS	G4705A100
OTIS	OTIS WORLDWIDE CORP	436,749	$38,150	1.1%	$89.25	0.0%	COM	68902V107
JKHY	HENRY JACK & ASSOC INC	164,026	$29,931	0.8%	$166.24	0.0%	COM	426281101
NTRA	NATERA INC	117,702	$26,964	0.8%	$208.59	0.0%	COM	632307104
T	AT&T INC	1,009,148	$25,067	0.7%	$25.29	0.0%	COM	00206R102
WMG	WARNER MUSIC GROUP CORP	634,496	$19,460	0.5%	$30.24	0.0%	COM CL A	934550203
XYZ	BLOCK INC	252,579	$16,440	0.5%	$68.98	0.0%	CL A	852234103
SHOP	SHOPIFY INC	73,746	$11,871	0.3%	$160.56	0.0%	CL A SUB VTG SHS	82509L107
AFRM	AFFIRM HLDGS INC	128,675	$9,577	0.3%	$71.97	0.0%	COM CL A	00827B106
MESHU	MESHFLOW ACQUISITION CORP	719,058	$7,191	0.2%	$10.00	—	UNIT 11/19/2030	G6032N127
RANG	RANGE CAP ACQUISITION CORP	699,900	$6,985	0.2%	$10.47	0.0%	ORD SHS	G7375C108
AEAQU	ACTIVATE ENERGY ACQUISITION	673,506	$6,732	0.2%	$9.99	—	UNIT 11/10/2030	G0081J129
DSACU	DAEDALUS SPL ACQUISITION COR	650,000	$6,526	0.2%	$10.04	—	UNIT 11/10/2030	G2616C124
GPACU	GENERAL PURP ACQUISITION COR	599,700	$6,003	0.2%	$10.01	—	UNIT 12/03/2030	G3810N122
LATA	GALATA ACQUISITION CORP II	602,444	$6,000	0.2%	$9.97	0.0%	ORD SHS CL A	G3R25N108
CEPV	CANTOR EQUITY PARTNERS V INC	525,000	$5,381	0.2%	$10.25	0.0%	SHS CL A S	G1828S109
SAC/U	SAFEGUARD ACQUISITION CORP	470,100	$4,741	0.1%	$10.09	—	UNIT 99/99/9999	G77676123
LFACU	LEAPFROG ACQUISITION CORP	442,114	$4,423	0.1%	$10.01	—	UNIT 11/10/2030	G5414D129
BLRKU	BLUEROCK ACQUISITION CORP	400,000	$4,000	0.1%	$10.00	—	UNIT 11/06/2030	G1352R121
IRHOU	IRON HORSE ACQUISIT CORP II	400,000	$3,978	0.1%	$9.95	—	UNIT 07/11/2030	46283H202
BLZR	TRAILBLAZER ACQUISITION CORP	287,870	$2,882	0.1%	$10.08	0.0%	ORD SHS CL A	G9009S103
RNGTW	RANGE CAP ACQUISITION CORP I	349,950	$2,268	0.1%	$6.48	—	*W EXP 09/29/203	G7375J111
BCSS	BAIN CAP GSS INVT CORP	200,000	$2,016	0.1%	$10.08	0.0%	ORD CL A	G0R78B106
LATAW	GALATA ACQUISITION CORP II	200,814	$1,183	0.0%	$5.89	—	*W EXP 09/12/203	G3R25N116
CCXIU	CHURCHILL CAP CORP XI	100,000	$1,021	0.0%	$10.21	—	UNIT 12/10/2030	G2131A124
BLZRW	TRAILBLAZER ACQUISITION CORP	95,956	$960	0.0%	$10.00	—	*W EXP 09/30/203	G9009S111
CMCSA	COMCAST CORP NEW	13,917	$416	0.0%	$28.53	0.0%	CL A	20030N101
BCSS/WS	BAIN CAP GSS INVT CORP	40,000	$174	0.0%	$4.35	—	*W EXP 01/01/202	G0R78B114

Increased Positions (21)

FLUT FLUTTER ENTMT PLC 7.3%

Value ($000) $260,363 (+212.3%) Shares 1,210,764 (+268.9%) Est. Cost $233.59 Unrealized -3.7%

KO COCA COLA CO 5.5%

Value ($000) $195,423 (+136.0%) Shares 2,795,352 (+123.9%) Est. Cost $68.74 Unrealized +1.0%

ALC ALCON AG 2.7%

Value ($000) $94,097 (+9908.6%) Shares 1,178,072 (+9232.7%) Est. Cost $77.13 Unrealized -0.2%

STZ CONSTELLATION BRANDS INC 2.6%

Value ($000) $93,204 (+13867.6%) Shares 675,589 (+13534.5%) Est. Cost $137.00 Unrealized -0.1%

CHD CHURCH & DWIGHT CO INC 2.6%

Value ($000) $93,312 (+283.6%) Shares 1,112,847 (+300.9%) Est. Cost $87.26 Unrealized -2.3%

CCI CROWN CASTLE INC 2.4%

Value ($000) $86,134 (+212.9%) Shares 969,212 (+239.8%) Est. Cost $92.00 Unrealized -1.0%

FRPT FRESHPET INC 1.6%

Value ($000) $55,761 (+20107.9%) Shares 915,161 (+18177.6%) Est. Cost $57.07 Unrealized -0.6%

A AGILENT TECHNOLOGIES INC 3.4%

Value ($000) $120,088 (+47.9%) Shares 882,549 (+39.5%) Est. Cost $119.80 Unrealized +20.0%

ELF E L F BEAUTY INC 2.7%

Value ($000) $95,592 (+68.1%) Shares 1,257,126 (+192.9%) Est. Cost $106.93 Unrealized -8.0%

DPZ DOMINOS PIZZA INC 1.9%

Value ($000) $68,086 (+128.4%) Shares 163,347 (+136.5%) Est. Cost $430.41 Unrealized -3.5%

RMD RESMED INC 1.7%

Value ($000) $59,255 (+133.1%) Shares 246,006 (+164.9%) Est. Cost $248.58 Unrealized +2.8%

SRAD SPORTRADAR GROUP AG 1.8%

Value ($000) $62,806 (+100.0%) Shares 2,642,232 (+126.3%) Est. Cost $25.15 Unrealized —

TRU TRANSUNION 1.9%

Value ($000) $68,876 (+68.3%) Shares 803,217 (+64.4%) Est. Cost $87.26 Unrealized -5.9%

UNH UNITEDHEALTH GROUP INC 1.7%

Value ($000) $60,474 (+74.4%) Shares 183,194 (+82.5%) Est. Cost $317.61 Unrealized +6.2%

GOOS CANADA GOOSE HLDGS INC 0.9%

Value ($000) $32,390 (+199.3%) Shares 2,501,177 (+218.7%) Est. Cost $13.20 Unrealized +0.8%

ROL ROLLINS INC 1.5%

Value ($000) $53,681 (+66.9%) Shares 894,382 (+63.3%) Est. Cost $57.41 Unrealized +2.2%

ACN ACCENTURE PLC IRELAND 1.9%

Value ($000) $67,582 (+35.9%) Shares 251,888 (+24.9%) Est. Cost $281.90 Unrealized -9.9%

SYK STRYKER CORPORATION 2.4%

Value ($000) $84,305 (+22.8%) Shares 239,863 (+29.1%) Est. Cost $372.54 Unrealized -2.4%

WH WYNDHAM HOTELS & RESORTS INC 1.2%

Value ($000) $44,034 (+31.8%) Shares 582,774 (+39.3%) Est. Cost $82.46 Unrealized -8.6%

EL LAUDER ESTEE COS INC 0.8%

Value ($000) $29,486 (+44.6%) Shares 281,571 (+21.7%) Est. Cost $75.77 Unrealized +27.8%

GPN GLOBAL PMTS INC 0.6%

Value ($000) $19,585 (+7.8%) Shares 253,041 (+15.7%) Est. Cost $83.28 Unrealized -3.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FLUT	FLUTTER ENTMT PLC	1,210,764 (+268.9%)	$260,363 (+212.3%)	7.3%	$233.59	-3.7%	SHS	G3643J108
KO	COCA COLA CO	2,795,352 (+123.9%)	$195,423 (+136.0%)	5.5%	$68.74	+1.0%	COM	191216100
ALC	ALCON AG	1,178,072 (+9232.7%)	$94,097 (+9908.6%)	2.7%	$77.13	-0.2%	ORD SHS	H01301128
STZ	CONSTELLATION BRANDS INC	675,589 (+13534.5%)	$93,204 (+13867.6%)	2.6%	$137.00	-0.1%	CL A	21036P108
CHD	CHURCH & DWIGHT CO INC	1,112,847 (+300.9%)	$93,312 (+283.6%)	2.6%	$87.26	-2.3%	COM	171340102
CCI	CROWN CASTLE INC	969,212 (+239.8%)	$86,134 (+212.9%)	2.4%	$92.00	-1.0%	COM	22822V101
FRPT	FRESHPET INC	915,161 (+18177.6%)	$55,761 (+20107.9%)	1.6%	$57.07	-0.6%	COM	358039105
A	AGILENT TECHNOLOGIES INC	882,549 (+39.5%)	$120,088 (+47.9%)	3.4%	$119.80	+20.0%	COM	00846U101
ELF	E L F BEAUTY INC	1,257,126 (+192.9%)	$95,592 (+68.1%)	2.7%	$106.93	-8.0%	COM	26856L103
DPZ	DOMINOS PIZZA INC	163,347 (+136.5%)	$68,086 (+128.4%)	1.9%	$430.41	-3.5%	COM	25754A201
RMD	RESMED INC	246,006 (+164.9%)	$59,255 (+133.1%)	1.7%	$248.58	+2.8%	COM	761152107
SRAD	SPORTRADAR GROUP AG	2,642,232 (+126.3%)	$62,806 (+100.0%)	1.8%	$25.15	—	CLASS A ORD SHS	H8088L103
TRU	TRANSUNION	803,217 (+64.4%)	$68,876 (+68.3%)	1.9%	$87.26	-5.9%	COM	89400J107
UNH	UNITEDHEALTH GROUP INC	183,194 (+82.5%)	$60,474 (+74.4%)	1.7%	$317.61	+6.2%	COM	91324P102
GOOS	CANADA GOOSE HLDGS INC	2,501,177 (+218.7%)	$32,390 (+199.3%)	0.9%	$13.20	+0.8%	SHS SUB VTG	135086106
ROL	ROLLINS INC	894,382 (+63.3%)	$53,681 (+66.9%)	1.5%	$57.41	+2.2%	COM	775711104
ACN	ACCENTURE PLC IRELAND	251,888 (+24.9%)	$67,582 (+35.9%)	1.9%	$281.90	-9.9%	SHS CLASS A	G1151C101
SYK	STRYKER CORPORATION	239,863 (+29.1%)	$84,305 (+22.8%)	2.4%	$372.54	-2.4%	COM	863667101
WH	WYNDHAM HOTELS & RESORTS INC	582,774 (+39.3%)	$44,034 (+31.8%)	1.2%	$82.46	-8.6%	COM	98311A105
EL	LAUDER ESTEE COS INC	281,571 (+21.7%)	$29,486 (+44.6%)	0.8%	$75.77	+27.8%	CL A	518439104
GPN	GLOBAL PMTS INC	253,041 (+15.7%)	$19,585 (+7.8%)	0.6%	$83.28	-3.6%	COM	37940X102

Exited Positions (108)

RACE FERRARI N V 5.2%

Value ($000) $183,804 Shares 380,050 Est. Cost $463.94 Unrealized -13.7%

PG PROCTER AND GAMBLE CO 5.1%

Value ($000) $179,964 Shares 1,171,262 Est. Cost $158.38 Unrealized -7.1%

LIN LINDE PLC 4.2%

Value ($000) $149,254 Shares 314,219 Est. Cost $460.00 Unrealized -7.1%

RPM RPM INTL INC 3.4%

Value ($000) $122,080 Shares 1,035,630 Est. Cost $120.88 Unrealized -10.4%

DAR DARLING INGREDIENTS INC 2.8%

Value ($000) $100,364 Shares 3,251,180 Est. Cost $33.40 Unrealized +1.3%

DD DUPONT DE NEMOURS INC 2.7%

Value ($000) $97,085 Shares 1,246,276 Est. Cost $28.77 Unrealized +30.0%

MDLZ MONDELEZ INTL INC 2.5%

Value ($000) $89,529 Shares 1,433,145 Est. Cost $62.58 Unrealized -8.8%

APD AIR PRODS & CHEMS INC 2.3%

Value ($000) $81,874 Shares 300,212 Est. Cost $285.50 Unrealized -11.9%

CRH CRH PLC 2.2%

Value ($000) $78,034 Shares 652,455 Est. Cost $105.61 Unrealized +12.8%

ADM ARCHER DANIELS MIDLAND CO 2.1%

Value ($000) $75,253 Shares 1,259,667 Est. Cost $57.76 Unrealized +3.0%

COO COOPER COS INC 1.7%

Value ($000) $60,016 Shares 875,384 Est. Cost $70.83 Unrealized +5.7%

ECL ECOLAB INC 1.6%

Value ($000) $55,087 Shares 201,150 Est. Cost $270.32 Unrealized -1.7%

CTVA CORTEVA INC 1.5%

Value ($000) $54,296 Shares 802,843 Est. Cost $72.16 Unrealized -10.6%

ONON ON HLDG AG 1.2%

Value ($000) $44,163 Shares 1,042,808 Est. Cost $47.59 Unrealized -9.5%

AGCO AGCO CORP 1.2%

Value ($000) $43,392 Shares 405,269 Est. Cost $99.06 Unrealized +7.0%

MO ALTRIA GROUP INC 1.2%

Value ($000) $43,242 Shares 654,581 Est. Cost $61.42 Unrealized -3.3%

BA BOEING CO 1.2%

Value ($000) $42,369 Shares 196,305 Est. Cost $207.46 Unrealized -0.9%

FLY FIREFLY AEROSPACE INC 1.1%

Value ($000) $38,599 Shares 1,316,471 Est. Cost $44.96 Unrealized -48.5%

BIO BIO RAD LABS INC 0.8%

Value ($000) $28,195 Shares 100,558 Est. Cost $239.80 Unrealized +30.1%

MAR MARRIOTT INTL INC NEW 0.7%

Value ($000) $25,841 Shares 99,221 Est. Cost $267.49 Unrealized +6.7%

SBAC SBA COMMUNICATIONS CORP NEW 0.7%

Value ($000) $25,642 Shares 132,622 Est. Cost $214.69 Unrealized -10.3%

AIRO AIRO GROUP HLDGS INC 0.6%

Value ($000) $19,782 Shares 1,030,288 Est. Cost $24.52 Unrealized -47.4%

ESI ELEMENT SOLUTIONS INC 0.5%

Value ($000) $18,088 Shares 718,623 Est. Cost $23.50 Unrealized +10.3%

TOST TOAST INC 0.3%

Value ($000) $11,513 Shares 315,335 Est. Cost $40.39 Unrealized -10.8%

MOS MOSAIC CO NEW 0.3%

Value ($000) $10,823 Shares 312,084 Est. Cost $25.64 Unrealized +4.3%

FIS FIDELITY NATL INFORMATION SV 0.3%

Value ($000) $10,215 Shares 154,910 Est. Cost $72.15 Unrealized -9.0%

WLK WESTLAKE CORPORATION 0.2%

Value ($000) $8,530 Shares 110,691 Est. Cost $114.80 Unrealized -38.3%

LATAU GALATA ACQUISITION CORP II 0.2%

Value ($000) $5,994 Shares 600,600 Est. Cost $9.98 Unrealized —

EVEX EVE HLDG INC 0.2%

Value ($000) $5,413 Shares 1,420,649 Est. Cost $5.32 Unrealized -17.3%

CF CF INDS HLDGS INC 0.1%

Value ($000) $4,241 Shares 47,277 Est. Cost $88.36 Unrealized -7.3%

BLZRU TRAILBLAZER ACQUISITION CORP 0.1%

Value ($000) $2,943 Shares 287,871 Est. Cost $10.22 Unrealized —

NOV NOV INC 0.1%

Value ($000) $2,193 Shares 165,475 Est. Cost $12.70 Unrealized +16.8%

BCSS/U BAIN CAP GSS INVT CORP 0.1%

Value ($000) $2,018 Shares 200,000 Est. Cost $10.09 Unrealized —

CAG CONAGRA BRANDS INC 0.1%

Value ($000) $1,942 Shares 106,050 Est. Cost $18.68 Unrealized -5.6%

FLO FLOWERS FOODS INC 0.1%

Value ($000) $1,792 Shares 137,352 Est. Cost $17.22 Unrealized -33.6%

HAL HALLIBURTON CO 0.0%

Value ($000) $1,717 Shares 69,787 Est. Cost $20.56 Unrealized +27.8%

LYB LYONDELLBASELL INDUSTRIES N 0.0%

Value ($000) $1,607 Shares 32,767 Est. Cost $54.04 Unrealized -17.7%

AVAV AEROVIRONMENT INC 0.0%

Value ($000) $1,528 Shares 4,853 Est. Cost $258.71 Unrealized +21.5%

WU WESTERN UN CO 0.0%

Value ($000) $1,510 Shares 188,987 Est. Cost $7.99 Unrealized —

MTDR MATADOR RES CO 0.0%

Value ($000) $1,429 Shares 31,802 Est. Cost $44.16 Unrealized -4.9%

CNC CENTENE CORP DEL 0.0%

Value ($000) $1,323 Shares 37,085 Est. Cost $30.20 Unrealized +23.9%

KLAR KLARNA GROUP PLC 0.0%

Value ($000) $1,269 Shares 34,619 Est. Cost $42.59 Unrealized -19.4%

HUN HUNTSMAN CORP 0.0%

Value ($000) $1,232 Shares 137,195 Est. Cost $10.51 Unrealized -12.9%

LEN LENNAR CORP 0.0%

Value ($000) $1,180 Shares 9,365 Est. Cost $123.58 Unrealized -2.3%

AESI ATLAS ENERGY SOLUTIONS INC 0.0%

Value ($000) $1,104 Shares 97,125 Est. Cost $17.14 Unrealized -41.0%

WEN WENDYS CO 0.0%

Value ($000) $1,068 Shares 116,570 Est. Cost $10.27 Unrealized -16.0%

CIVI CIVITAS RESOURCES INC 0.0%

Value ($000) $989 Shares 30,445 Est. Cost $41.66 Unrealized -31.5%

APA APA CORPORATION 0.0%

Value ($000) $957 Shares 39,415 Est. Cost $21.04 Unrealized +14.7%

ACI ALBERTSONS COS INC 0.0%

Value ($000) $903 Shares 51,572 Est. Cost $19.97 Unrealized -11.7%

CNH CNH INDL N V 0.0%

Value ($000) $812 Shares 74,857 Est. Cost $12.21 Unrealized -18.2%

CHRD CHORD ENERGY CORPORATION 0.0%

Value ($000) $760 Shares 7,650 Est. Cost $102.93 Unrealized -10.6%

WHR WHIRLPOOL CORP 0.0%

Value ($000) $750 Shares 9,540 Est. Cost $106.04 Unrealized -30.4%

RHI ROBERT HALF INC. 0.0%

Value ($000) $701 Shares 20,625 Est. Cost $60.97 Unrealized -53.2%

MOH MOLINA HEALTHCARE INC 0.0%

Value ($000) $669 Shares 3,497 Est. Cost $184.06 Unrealized -10.7%

CLF CLEVELAND-CLIFFS INC NEW 0.0%

Value ($000) $667 Shares 54,637 Est. Cost $10.52 Unrealized +20.1%

MAN MANPOWERGROUP INC WIS 0.0%

Value ($000) $653 Shares 17,230 Est. Cost $41.23 Unrealized -24.2%

FHB FIRST HAWAIIAN INC 0.0%

Value ($000) $652 Shares 26,252 Est. Cost $24.60 Unrealized -0.5%

CTRA COTERRA ENERGY INC 0.0%

Value ($000) $649 Shares 27,435 Est. Cost $24.80 Unrealized +1.2%

MTN VAIL RESORTS INC 0.0%

Value ($000) $644 Shares 4,307 Est. Cost $155.21 Unrealized -5.2%

GPK GRAPHIC PACKAGING HLDG CO 0.0%

Value ($000) $616 Shares 31,462 Est. Cost $26.75 Unrealized -38.6%

OMC OMNICOM GROUP INC 0.0%

Value ($000) $612 Shares 7,502 Est. Cost $74.34 Unrealized +1.9%

FMC FMC CORP 0.0%

Value ($000) $608 Shares 18,077 Est. Cost $38.30 Unrealized -50.5%

PSKY PARAMOUNT SKYDANCE CORP 0.0%

Value ($000) $604 Shares 31,915 Est. Cost $14.51 Unrealized +7.3%

OLN OLIN CORP 0.0%

Value ($000) $602 Shares 24,087 Est. Cost $20.30 Unrealized +5.6%

F FORD MTR CO 0.0%

Value ($000) $600 Shares 50,197 Est. Cost $11.33 Unrealized +13.3%

VAC MARRIOTT VACATIONS WORLDWIDE 0.0%

Value ($000) $595 Shares 8,942 Est. Cost $77.09 Unrealized -23.3%

PRGO PERRIGO CO PLC 0.0%

Value ($000) $574 Shares 25,765 Est. Cost $24.45 Unrealized -31.8%

ACHC ACADIA HEALTHCARE COMPANY IN 0.0%

Value ($000) $568 Shares 22,922 Est. Cost $38.10 Unrealized -50.3%

ARE ALEXANDRIA REAL ESTATE EQ IN 0.0%

Value ($000) $561 Shares 6,732 Est. Cost $77.73 Unrealized -25.4%

SIRI SIRIUSXM HOLDINGS INC 0.0%

Value ($000) $544 Shares 23,367 Est. Cost $23.13 Unrealized -7.1%

OZK BANK OZK LITTLE ROCK ARK 0.0%

Value ($000) $495 Shares 9,712 Est. Cost $50.09 Unrealized -7.6%

BAX BAXTER INTL INC 0.0%

Value ($000) $481 Shares 21,127 Est. Cost $25.23 Unrealized -20.7%

HRI HERC HLDGS INC 0.0%

Value ($000) $481 Shares 4,122 Est. Cost $127.39 Unrealized +6.7%

UGI UGI CORP NEW 0.0%

Value ($000) $472 Shares 14,187 Est. Cost $31.68 Unrealized +11.8%

LEA LEAR CORP 0.0%

Value ($000) $470 Shares 4,670 Est. Cost $92.19 Unrealized +15.3%

VLY VALLEY NATL BANCORP 0.0%

Value ($000) $468 Shares 44,165 Est. Cost $9.99 Unrealized +11.1%

PLTK PLAYTIKA HLDG CORP 0.0%

Value ($000) $462 Shares 118,855 Est. Cost $4.08 Unrealized -4.2%

MUSA MURPHY USA INC 0.0%

Value ($000) $457 Shares 1,177 Est. Cost $472.46 Unrealized -18.9%

CNXC CONCENTRIX CORP 0.0%

Value ($000) $454 Shares 9,845 Est. Cost $46.42 Unrealized -13.6%

OVV OVINTIV INC 0.0%

Value ($000) $451 Shares 11,180 Est. Cost $40.79 Unrealized -5.0%

CZR CAESARS ENTERTAINMENT INC NE 0.0%

Value ($000) $446 Shares 16,517 Est. Cost $27.09 Unrealized -17.0%

SAM BOSTON BEER INC 0.0%

Value ($000) $432 Shares 2,045 Est. Cost $212.75 Unrealized -3.1%

ELV ELEVANCE HEALTH INC FORMERLY 0.0%

Value ($000) $431 Shares 1,335 Est. Cost $394.28 Unrealized -14.6%

PENN PENN ENTERTAINMENT INC 0.0%

Value ($000) $431 Shares 22,382 Est. Cost $18.76 Unrealized -16.8%

CLVT CLARIVATE PLC 0.0%

Value ($000) $418 Shares 109,227 Est. Cost $4.74 Unrealized -24.9%

POST POST HLDGS INC 0.0%

Value ($000) $417 Shares 3,877 Est. Cost $107.27 Unrealized -3.5%

NWL NEWELL BRANDS INC 0.0%

Value ($000) $416 Shares 79,307 Est. Cost $5.51 Unrealized -27.7%

OXY OCCIDENTAL PETE CORP 0.0%

Value ($000) $393 Shares 8,307 Est. Cost $47.84 Unrealized -13.1%

LKQ LKQ CORP 0.0%

Value ($000) $388 Shares 12,707 Est. Cost $32.36 Unrealized -7.4%

BLDR BUILDERS FIRSTSOURCE INC 0.0%

Value ($000) $383 Shares 3,155 Est. Cost $132.67 Unrealized -15.3%

NXST NEXSTAR MEDIA GROUP INC 0.0%

Value ($000) $364 Shares 1,840 Est. Cost $158.74 Unrealized +21.5%

KMX CARMAX INC 0.0%

Value ($000) $314 Shares 6,987 Est. Cost $59.71 Unrealized -33.0%

HOG HARLEY DAVIDSON INC 0.0%

Value ($000) $303 Shares 10,860 Est. Cost $26.76 Unrealized -8.2%

TFSL TFS FINL CORP 0.0%

Value ($000) $298 Shares 22,655 Est. Cost $12.75 Unrealized +6.0%

JBLU JETBLUE AWYS CORP 0.0%

Value ($000) $286 Shares 58,050 Est. Cost $4.80 Unrealized -5.1%

M MACYS INC 0.0%

Value ($000) $276 Shares 15,377 Est. Cost $14.51 Unrealized +41.1%

QDEL QUIDELORTHO CORP 0.0%

Value ($000) $263 Shares 8,942 Est. Cost $27.34 Unrealized -0.9%

XRAY DENTSPLY SIRONA INC 0.0%

Value ($000) $261 Shares 20,535 Est. Cost $14.51 Unrealized -19.1%

CE CELANESE CORP DEL 0.0%

Value ($000) $254 Shares 6,047 Est. Cost $49.73 Unrealized -18.0%

BHF BRIGHTHOUSE FINL INC 0.0%

Value ($000) $249 Shares 4,682 Est. Cost $48.82 Unrealized +20.4%

AAP ADVANCE AUTO PARTS INC 0.0%

Value ($000) $238 Shares 3,870 Est. Cost $41.90 Unrealized +18.8%

LCID LUCID GROUP INC 0.0%

Value ($000) $230 Shares 9,675 Est. Cost $22.60 Unrealized -29.3%

CC CHEMOURS CO 0.0%

Value ($000) $229 Shares 14,482 Est. Cost $14.36 Unrealized -10.9%

SMG SCOTTS MIRACLE-GRO CO 0.0%

Value ($000) $227 Shares 3,987 Est. Cost $61.29 Unrealized -10.0%

GLOB GLOBANT S A 0.0%

Value ($000) $222 Shares 3,865 Est. Cost $73.60 Unrealized -14.6%

BXP BXP INC 0.0%

Value ($000) $209 Shares 2,807 Est. Cost $69.22 Unrealized +1.7%

FRO FRONTLINE PLC 0.0%

Value ($000) $206 Shares 9,014 Est. Cost $20.25 Unrealized +15.4%

OGN ORGANON & CO 0.0%

Value ($000) $156 Shares 14,575 Est. Cost $9.78 Unrealized -19.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RACE	FERRARI N V	380,050	$183,804	5.2%	$463.94	-13.7%	—	N3167Y103
PG	PROCTER AND GAMBLE CO	1,171,262	$179,964	5.1%	$158.38	-7.1%	—	742718109
LIN	LINDE PLC	314,219	$149,254	4.2%	$460.00	-7.1%	—	G54950103
RPM	RPM INTL INC	1,035,630	$122,080	3.4%	$120.88	-10.4%	—	749685103
DAR	DARLING INGREDIENTS INC	3,251,180	$100,364	2.8%	$33.40	+1.3%	—	237266101
DD	DUPONT DE NEMOURS INC	1,246,276	$97,085	2.7%	$28.77	+30.0%	—	26614N102
MDLZ	MONDELEZ INTL INC	1,433,145	$89,529	2.5%	$62.58	-8.8%	—	609207105
APD	AIR PRODS & CHEMS INC	300,212	$81,874	2.3%	$285.50	-11.9%	—	009158106
CRH	CRH PLC	652,455	$78,034	2.2%	$105.61	+12.8%	—	G25508105
ADM	ARCHER DANIELS MIDLAND CO	1,259,667	$75,253	2.1%	$57.76	+3.0%	—	039483102
COO	COOPER COS INC	875,384	$60,016	1.7%	$70.83	+5.7%	—	216648501
ECL	ECOLAB INC	201,150	$55,087	1.6%	$270.32	-1.7%	—	278865100
CTVA	CORTEVA INC	802,843	$54,296	1.5%	$72.16	-10.6%	—	22052L104
ONON	ON HLDG AG	1,042,808	$44,163	1.2%	$47.59	-9.5%	—	H5919C104
AGCO	AGCO CORP	405,269	$43,392	1.2%	$99.06	+7.0%	—	001084102
MO	ALTRIA GROUP INC	654,581	$43,242	1.2%	$61.42	-3.3%	—	02209S103
BA	BOEING CO	196,305	$42,369	1.2%	$207.46	-0.9%	—	097023105
FLY	FIREFLY AEROSPACE INC	1,316,471	$38,599	1.1%	$44.96	-48.5%	—	31816X106
BIO	BIO RAD LABS INC	100,558	$28,195	0.8%	$239.80	+30.1%	—	090572207
MAR	MARRIOTT INTL INC NEW	99,221	$25,841	0.7%	$267.49	+6.7%	—	571903202
SBAC	SBA COMMUNICATIONS CORP NEW	132,622	$25,642	0.7%	$214.69	-10.3%	—	78410G104
AIRO	AIRO GROUP HLDGS INC	1,030,288	$19,782	0.6%	$24.52	-47.4%	—	009422106
ESI	ELEMENT SOLUTIONS INC	718,623	$18,088	0.5%	$23.50	+10.3%	—	28618M106
TOST	TOAST INC	315,335	$11,513	0.3%	$40.39	-10.8%	—	888787108
MOS	MOSAIC CO NEW	312,084	$10,823	0.3%	$25.64	+4.3%	—	61945C103
FIS	FIDELITY NATL INFORMATION SV	154,910	$10,215	0.3%	$72.15	-9.0%	—	31620M106
WLK	WESTLAKE CORPORATION	110,691	$8,530	0.2%	$114.80	-38.3%	—	960413102
LATAU	GALATA ACQUISITION CORP II	600,600	$5,994	0.2%	$9.98	—	—	G3R25N124
EVEX	EVE HLDG INC	1,420,649	$5,413	0.2%	$5.32	-17.3%	—	29970N104
CF	CF INDS HLDGS INC	47,277	$4,241	0.1%	$88.36	-7.3%	—	125269100
BLZRU	TRAILBLAZER ACQUISITION CORP	287,871	$2,943	0.1%	$10.22	—	—	G9009S129
NOV	NOV INC	165,475	$2,193	0.1%	$12.70	+16.8%	—	62955J103
BCSS/U	BAIN CAP GSS INVT CORP	200,000	$2,018	0.1%	$10.09	—	—	G0R78B122
CAG	CONAGRA BRANDS INC	106,050	$1,942	0.1%	$18.68	-5.6%	—	205887102
FLO	FLOWERS FOODS INC	137,352	$1,792	0.1%	$17.22	-33.6%	—	343498101
HAL	HALLIBURTON CO	69,787	$1,717	0.0%	$20.56	+27.8%	—	406216101
LYB	LYONDELLBASELL INDUSTRIES N	32,767	$1,607	0.0%	$54.04	-17.7%	—	N53745100
AVAV	AEROVIRONMENT INC	4,853	$1,528	0.0%	$258.71	+21.5%	—	008073108
WU	WESTERN UN CO	188,987	$1,510	0.0%	$7.99	—	—	959802109
MTDR	MATADOR RES CO	31,802	$1,429	0.0%	$44.16	-4.9%	—	576485205
CNC	CENTENE CORP DEL	37,085	$1,323	0.0%	$30.20	+23.9%	—	15135B101
KLAR	KLARNA GROUP PLC	34,619	$1,269	0.0%	$42.59	-19.4%	—	G5279N105
HUN	HUNTSMAN CORP	137,195	$1,232	0.0%	$10.51	-12.9%	—	447011107
LEN	LENNAR CORP	9,365	$1,180	0.0%	$123.58	-2.3%	—	526057104
AESI	ATLAS ENERGY SOLUTIONS INC	97,125	$1,104	0.0%	$17.14	-41.0%	—	642045108
WEN	WENDYS CO	116,570	$1,068	0.0%	$10.27	-16.0%	—	95058W100
CIVI	CIVITAS RESOURCES INC	30,445	$989	0.0%	$41.66	-31.5%	—	17888H103
APA	APA CORPORATION	39,415	$957	0.0%	$21.04	+14.7%	—	03743Q108
ACI	ALBERTSONS COS INC	51,572	$903	0.0%	$19.97	-11.7%	—	013091103
CNH	CNH INDL N V	74,857	$812	0.0%	$12.21	-18.2%	—	N20944109
CHRD	CHORD ENERGY CORPORATION	7,650	$760	0.0%	$102.93	-10.6%	—	674215207
WHR	WHIRLPOOL CORP	9,540	$750	0.0%	$106.04	-30.4%	—	963320106
RHI	ROBERT HALF INC.	20,625	$701	0.0%	$60.97	-53.2%	—	770323103
MOH	MOLINA HEALTHCARE INC	3,497	$669	0.0%	$184.06	-10.7%	—	60855R100
CLF	CLEVELAND-CLIFFS INC NEW	54,637	$667	0.0%	$10.52	+20.1%	—	185899101
MAN	MANPOWERGROUP INC WIS	17,230	$653	0.0%	$41.23	-24.2%	—	56418H100
FHB	FIRST HAWAIIAN INC	26,252	$652	0.0%	$24.60	-0.5%	—	32051X108
CTRA	COTERRA ENERGY INC	27,435	$649	0.0%	$24.80	+1.2%	—	127097103
MTN	VAIL RESORTS INC	4,307	$644	0.0%	$155.21	-5.2%	—	91879Q109
GPK	GRAPHIC PACKAGING HLDG CO	31,462	$616	0.0%	$26.75	-38.6%	—	388689101
OMC	OMNICOM GROUP INC	7,502	$612	0.0%	$74.34	+1.9%	—	681919106
FMC	FMC CORP	18,077	$608	0.0%	$38.30	-50.5%	—	302491303
PSKY	PARAMOUNT SKYDANCE CORP	31,915	$604	0.0%	$14.51	+7.3%	—	69932A204
OLN	OLIN CORP	24,087	$602	0.0%	$20.30	+5.6%	—	680665205
F	FORD MTR CO	50,197	$600	0.0%	$11.33	+13.3%	—	345370860
VAC	MARRIOTT VACATIONS WORLDWIDE	8,942	$595	0.0%	$77.09	-23.3%	—	57164Y107
PRGO	PERRIGO CO PLC	25,765	$574	0.0%	$24.45	-31.8%	—	G97822103
ACHC	ACADIA HEALTHCARE COMPANY IN	22,922	$568	0.0%	$38.10	-50.3%	—	00404A109
ARE	ALEXANDRIA REAL ESTATE EQ IN	6,732	$561	0.0%	$77.73	-25.4%	—	015271109
SIRI	SIRIUSXM HOLDINGS INC	23,367	$544	0.0%	$23.13	-7.1%	—	829933100
OZK	BANK OZK LITTLE ROCK ARK	9,712	$495	0.0%	$50.09	-7.6%	—	06417N103
BAX	BAXTER INTL INC	21,127	$481	0.0%	$25.23	-20.7%	—	071813109
HRI	HERC HLDGS INC	4,122	$481	0.0%	$127.39	+6.7%	—	42704L104
UGI	UGI CORP NEW	14,187	$472	0.0%	$31.68	+11.8%	—	902681105
LEA	LEAR CORP	4,670	$470	0.0%	$92.19	+15.3%	—	521865204
VLY	VALLEY NATL BANCORP	44,165	$468	0.0%	$9.99	+11.1%	—	919794107
PLTK	PLAYTIKA HLDG CORP	118,855	$462	0.0%	$4.08	-4.2%	—	72815L107
MUSA	MURPHY USA INC	1,177	$457	0.0%	$472.46	-18.9%	—	626755102
CNXC	CONCENTRIX CORP	9,845	$454	0.0%	$46.42	-13.6%	—	20602D101
OVV	OVINTIV INC	11,180	$451	0.0%	$40.79	-5.0%	—	69047Q102
CZR	CAESARS ENTERTAINMENT INC NE	16,517	$446	0.0%	$27.09	-17.0%	—	12769G100
SAM	BOSTON BEER INC	2,045	$432	0.0%	$212.75	-3.1%	—	100557107
ELV	ELEVANCE HEALTH INC FORMERLY	1,335	$431	0.0%	$394.28	-14.6%	—	036752103
PENN	PENN ENTERTAINMENT INC	22,382	$431	0.0%	$18.76	-16.8%	—	707569109
CLVT	CLARIVATE PLC	109,227	$418	0.0%	$4.74	-24.9%	—	G21810109
POST	POST HLDGS INC	3,877	$417	0.0%	$107.27	-3.5%	—	737446104
NWL	NEWELL BRANDS INC	79,307	$416	0.0%	$5.51	-27.7%	—	651229106
OXY	OCCIDENTAL PETE CORP	8,307	$393	0.0%	$47.84	-13.1%	—	674599105
LKQ	LKQ CORP	12,707	$388	0.0%	$32.36	-7.4%	—	501889208
BLDR	BUILDERS FIRSTSOURCE INC	3,155	$383	0.0%	$132.67	-15.3%	—	12008R107
NXST	NEXSTAR MEDIA GROUP INC	1,840	$364	0.0%	$158.74	+21.5%	—	65336K103
KMX	CARMAX INC	6,987	$314	0.0%	$59.71	-33.0%	—	143130102
HOG	HARLEY DAVIDSON INC	10,860	$303	0.0%	$26.76	-8.2%	—	412822108
TFSL	TFS FINL CORP	22,655	$298	0.0%	$12.75	+6.0%	—	87240R107
JBLU	JETBLUE AWYS CORP	58,050	$286	0.0%	$4.80	-5.1%	—	477143101
M	MACYS INC	15,377	$276	0.0%	$14.51	+41.1%	—	55616P104
QDEL	QUIDELORTHO CORP	8,942	$263	0.0%	$27.34	-0.9%	—	219798105
XRAY	DENTSPLY SIRONA INC	20,535	$261	0.0%	$14.51	-19.1%	—	24906P109
CE	CELANESE CORP DEL	6,047	$254	0.0%	$49.73	-18.0%	—	150870103
BHF	BRIGHTHOUSE FINL INC	4,682	$249	0.0%	$48.82	+20.4%	—	10922N103
AAP	ADVANCE AUTO PARTS INC	3,870	$238	0.0%	$41.90	+18.8%	—	00751Y106
LCID	LUCID GROUP INC	9,675	$230	0.0%	$22.60	-29.3%	—	549498202
CC	CHEMOURS CO	14,482	$229	0.0%	$14.36	-10.9%	—	163851108
SMG	SCOTTS MIRACLE-GRO CO	3,987	$227	0.0%	$61.29	-10.0%	—	810186106
GLOB	GLOBANT S A	3,865	$222	0.0%	$73.60	-14.6%	—	L44385109
BXP	BXP INC	2,807	$209	0.0%	$69.22	+1.7%	—	101121101
FRO	FRONTLINE PLC	9,014	$206	0.0%	$20.25	+15.4%	—	M46528101
OGN	ORGANON & CO	14,575	$156	0.0%	$9.78	-19.3%	—	68622V106

Decreased Positions (6)

TMUS T-MOBILE US INC 0.8%

Value ($000) $27,630 (-75.6%) Shares 136,081 (-71.2%) Est. Cost $240.33 Unrealized -12.1%

GIS GENERAL MLS INC 6.2%

Value ($000) $220,988 (-25.5%) Shares 4,752,431 (-19.2%) Est. Cost $49.46 Unrealized -4.0%

LLY ELI LILLY & CO 0.5%

Value ($000) $18,790 (-65.2%) Shares 17,484 (-75.3%) Est. Cost $742.24 Unrealized +28.7%

ILMN ILLUMINA INC 1.1%

Value ($000) $38,944 (-39.9%) Shares 296,923 (-56.5%) Est. Cost $95.84 Unrealized +22.5%

GEHC GE HEALTHCARE TECHNOLOGIES I 1.2%

Value ($000) $41,869 (-26.1%) Shares 510,468 (-32.3%) Est. Cost $70.54 Unrealized +10.4%

V VISA INC 0.5%

Value ($000) $19,187 (-23.8%) Shares 54,708 (-25.8%) Est. Cost $346.60 Unrealized -1.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TMUS	T-MOBILE US INC	136,081 (-71.2%)	$27,630 (-75.6%)	0.8%	$240.33	-12.1%	COM	872590104
GIS	GENERAL MLS INC	4,752,431 (-19.2%)	$220,988 (-25.5%)	6.2%	$49.46	-4.0%	COM	370334104
LLY	ELI LILLY & CO	17,484 (-75.3%)	$18,790 (-65.2%)	0.5%	$742.24	+28.7%	COM	532457108
ILMN	ILLUMINA INC	296,923 (-56.5%)	$38,944 (-39.9%)	1.1%	$95.84	+22.5%	COM	452327109
GEHC	GE HEALTHCARE TECHNOLOGIES I	510,468 (-32.3%)	$41,869 (-26.1%)	1.2%	$70.54	+10.4%	COMMON STOCK	36266G107
V	VISA INC	54,708 (-25.8%)	$19,187 (-23.8%)	0.5%	$346.60	-1.8%	COM CL A	92826C839