Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SIMO	SILICON MOTION TECHNOLOGY CO	67,329	$18.85M	2.3%	$280.00	$265.52	+5.5%	SPONSORED ADR	82706C108
MMSI	MERIT MED SYS INC	155,105	$13.37M	1.7%	$86.23	$83.68	+3.1%	COM	589889104
CAI	CARIS LIFE SCIENCES INC	299,793	$9.183M	1.1%	$30.63	$22.46	+36.4%	COM	142152107
ELVA	ELECTROVAYA INC	459,272	$2.994M	0.4%	$6.52	$7.77	-16.0%	COM NEW	28617B606
EFXT	ENERFLEX LTD	122,576	$2.794M	0.3%	$22.79	$22.22	+2.6%	COM	29269R105
TYL	TYLER TECHNOLOGIES INC	8,313	$2.649M	0.3%	$318.60	$329.59	-3.3%	COM	902252105
EXLS	EXLSERVICE HLDGS INC	76,662	$2.636M	0.3%	$34.38	$33.33	+3.1%	COM	302081104
AXGN	AXOGEN INC	53,141	$2.228M	0.3%	$41.92	$44.90	-6.6%	COM	05463X106
ADIG	ADI GLOBAL DISTR INC	98,381	$1.763M	0.2%	$17.92	$21.80	-17.8%	COM SHS	001026103
ING	ING GROEP N.V.	11,900	$422K	0.1%	$35.50	$34.86	+1.8%	SPONSORED ADR	456837103
IGRO	ISHARES TR	4,572	$406K	0.1%	$88.76	$91.11	-2.6%	INTL DIV GRWTH	46435G524
APG	API GROUP CORP	9,416	$363K	0.0%	$38.60	$40.17	-3.9%	COM STK	00187Y100
CB	CHUBB LIMITED	1,100	$358K	0.0%	$325.25	$345.24	-5.8%	COM	H1467J104
TSM	TAIWAN SEMICONDUCTOR MANUFAC	760	$347K	0.0%	$456.19	$423.70	+7.7%	SPONSORED ADS	874039100
SAP	SAP SE	1,300	$271K	0.0%	$208.48	$194.11	+7.4%	SPON ADR	803054204
DGRO	ISHARES TR	2,702	$204K	0.0%	$75.39	$78.09	-3.5%	CORE DIV GRWTH	46434V621

Increased Positions (85)

MOD MODINE MFG CO 3.2%

Value $25.66M (-33.2%) Shares 148,871 (+3.5%) Share Price $172.35 * Est. Cost/Share $129.81 Unrealized @ Report Date +44.2%

AAON AAON INC 3.1%

Value $25.22M (-33.0%) Shares 304,755 (+2.7%) Share Price $82.76 Est. Cost/Share $91.38 Unrealized @ Report Date -9.4%

LGND LIGAND PHARMACEUTICALS INC 2.7%

Value $21.66M (+70.2%) Shares 69,350 (+72.2%) Share Price $312.37 Est. Cost/Share $260.77 Unrealized @ Report Date +19.8%

VSEC VSE CORP 3.1%

Value $25.4M (-25.5%) Shares 154,223 (+3.4%) Share Price $164.70 Est. Cost/Share $196.18 Unrealized @ Report Date -16.0%

MDALF MDA SPACE LTD 3.4%

Value $27.72M (+32.1%) Shares 935,558 (+84.0%) Share Price $29.63 Est. Cost/Share $28.37 Unrealized @ Report Date —

WCN WASTE CONNECTIONS INC 1.1%

Value $9.188M (+259.5%) Shares 59,687 (+289.3%) Share Price $153.93 Est. Cost/Share $165.52 Unrealized @ Report Date -7.0%

OLLI OLLIES BARGAIN OUTLET HLDGS 3.2%

Value $26M (+34.0%) Shares 303,522 (+20.3%) Share Price $85.65 Est. Cost/Share $85.37 Unrealized @ Report Date +0.3%

DSGX DESCARTES SYS GROUP INC 1.7%

Value $13.72M (+90.6%) Shares 169,685 (+63.2%) Share Price $80.86 Est. Cost/Share $56.62 Unrealized @ Report Date +42.8%

ENPH ENPHASE ENERGY INC 1.5%

Value $11.81M (-30.6%) Shares 358,058 (+3.5%) Share Price $32.99 Est. Cost/Share $41.93 Unrealized @ Report Date -21.3%

SHOP SHOPIFY INC 0.8%

Value $6.112M (+405.8%) Shares 41,215 (+289.4%) Share Price $148.30 Est. Cost/Share $125.27 Unrealized @ Report Date +18.4%

GIL GILDAN ACTIVEWEAR INC 1.4%

Value $11.24M (+76.6%) Shares 263,768 (+113.8%) Share Price $42.63 Est. Cost/Share $47.65 Unrealized @ Report Date -10.5%

PMTS CPI CARD GROUP INC 0.9%

Value $6.954M (+179.0%) Shares 283,741 (+136.5%) Share Price $24.51 Est. Cost/Share $23.29 Unrealized @ Report Date +5.3%

CAE CAE INC 0.7%

Value $5.968M (+274.2%) Shares 248,563 (+290.5%) Share Price $24.01 Est. Cost/Share $24.85 Unrealized @ Report Date -3.4%

WPM WHEATON PRECIOUS METALS CORP 0.6%

Value $4.999M (+597.2%) Shares 37,386 (+485.6%) Share Price $133.72 Est. Cost/Share $118.18 Unrealized @ Report Date +13.1%

OBE OBSIDIAN ENERGY LTD 1.5%

Value $11.97M (+48.7%) Shares 1,161,952 (+17.3%) Share Price $10.30 Est. Cost/Share $9.16 Unrealized @ Report Date +12.5%

BROS DUTCH BROS INC 0.6%

Value $4.597M (-44.2%) Shares 119,211 (+3.9%) Share Price $38.56 Est. Cost/Share $56.99 Unrealized @ Report Date -32.3%

FSS FEDERAL SIGNAL CORP 4.1%

Value $32.97M (-9.4%) Shares 297,616 (+5.0%) Share Price $110.79 Est. Cost/Share $87.26 Unrealized @ Report Date +27.0%

HGTY HAGERTY INC 2.9%

Value $23.63M (+16.4%) Shares 1,755,856 (+3.1%) Share Price $13.46 Est. Cost/Share $11.01 Unrealized @ Report Date +22.3%

UTI UNIVERSAL TECHNICAL INST INC 0.3%

Value $2.606M (-55.8%) Shares 139,584 (+1.2%) Share Price $18.67 Est. Cost/Share $15.67 Unrealized @ Report Date +19.1%

RY ROYAL BK CDA 0.7%

Value $5.813M (+118.8%) Shares 29,569 (+130.3%) Share Price $196.59 Est. Cost/Share $165.02 Unrealized @ Report Date +19.1%

SAIA SAIA INC 1.7%

Value $13.62M (-18.3%) Shares 40,823 (+3.1%) Share Price $333.74 Est. Cost/Share $389.62 Unrealized @ Report Date -14.3%

MPWR MONOLITHIC PWR SYS INC 4.9%

Value $39.68M (+8.0%) Shares 29,452 (+10.8%) Share Price $1347.22 Est. Cost/Share $465.42 Unrealized @ Report Date +189.5%

AGI ALAMOS GOLD INC 0.4%

Value $3.589M (+446.9%) Shares 110,799 (+412.3%) Share Price $32.39 Est. Cost/Share $29.94 Unrealized @ Report Date +8.2%

SITE SITEONE LANDSCAPE SUPPLY INC 1.6%

Value $12.74M (-18.1%) Shares 141,072 (+3.8%) Share Price $90.31 Est. Cost/Share $111.29 Unrealized @ Report Date -18.9%

RBA RB GLOBAL INC 0.5%

Value $4.416M (+172.7%) Shares 54,256 (+290.1%) Share Price $81.39 Est. Cost/Share $97.67 Unrealized @ Report Date -16.7%

HBM HUDBAY MINERALS INC 0.4%

Value $3.378M (+340.2%) Shares 126,594 (+289.5%) Share Price $26.68 Est. Cost/Share $25.45 Unrealized @ Report Date +4.8%

LPX LOUISIANA PAC CORP 1.8%

Value $14.48M (-15.3%) Shares 224,342 (+3.3%) Share Price $64.55 Est. Cost/Share $83.98 Unrealized @ Report Date -23.1%

IBP INSTALLED BLDG PRODS INC 2.0%

Value $16.03M (-13.8%) Shares 83,525 (+3.3%) Share Price $191.88 Est. Cost/Share $98.87 Unrealized @ Report Date +94.1%

AEM AGNICO EAGLE MINES LTD 0.4%

Value $3.195M (+359.9%) Shares 17,433 (+289.3%) Share Price $183.27 Est. Cost/Share $147.28 Unrealized @ Report Date +24.4%

BN BROOKFIELD CORP 0.4%

Value $3.342M (+280.0%) Shares 91,652 (+343.9%) Share Price $36.46 Est. Cost/Share $39.81 Unrealized @ Report Date -8.4%

PNTG PENNANT GROUP INC 0.9%

Value $7.398M (+43.6%) Shares 189,687 (+36.1%) Share Price $39.00 Est. Cost/Share $33.21 Unrealized @ Report Date +17.4%

FSV FIRSTSERVICE CORP NEW 0.4%

Value $3.144M (+249.5%) Shares 24,582 (+288.3%) Share Price $127.88 Est. Cost/Share $139.99 Unrealized @ Report Date -8.6%

RGEN REPLIGEN CORP 0.5%

Value $4.207M (+93.4%) Shares 21,884 (+37.3%) Share Price $192.23 Est. Cost/Share $133.66 Unrealized @ Report Date +43.8%

CNM CORE & MAIN INC 2.4%

Value $19.29M (-8.6%) Shares 465,045 (+6.3%) Share Price $41.48 Est. Cost/Share $39.16 Unrealized @ Report Date +5.9%

ESQ ESQUIRE FINL HLDGS INC 0.5%

Value $4.423M (+52.4%) Shares 38,006 (+56.0%) Share Price $116.37 Est. Cost/Share $114.64 Unrealized @ Report Date +1.5%

PRCH PORCH GROUP INC 1.0%

Value $7.695M (+24.2%) Shares 461,885 (+12.1%) Share Price $16.66 Est. Cost/Share $9.38 Unrealized @ Report Date +77.6%

AIR AAR CORP 0.4%

Value $3.464M (-26.5%) Shares 34,137 (+3.5%) Share Price $101.47 Est. Cost/Share $108.41 Unrealized @ Report Date -6.4%

CRAI CRA INTL INC 0.9%

Value $7.315M (+20.1%) Shares 44,565 (+4.2%) Share Price $164.15 Est. Cost/Share $59.06 Unrealized @ Report Date +177.9%

VGNT VERSIGENT PLC 0.6%

Value $4.496M (+37.5%) Shares 100,045 (+28.5%) Share Price $44.94 Est. Cost/Share $40.89 Unrealized @ Report Date +9.9%

CLBT CELLEBRITE DI LTD 0.8%

Value $6.18M (-16.5%) Shares 548,874 (+8.3%) Share Price $11.26 Est. Cost/Share $11.95 Unrealized @ Report Date -5.8%

BGSI BOYD GROUP SERVICES INC 1.4%

Value $11.71M (+10.8%) Shares 149,348 (+33.7%) Share Price $78.41 Est. Cost/Share $143.39 Unrealized @ Report Date -45.3%

AX AXOS FINANCIAL INC 1.6%

Value $12.85M (-7.9%) Shares 148,387 (+3.7%) Share Price $86.57 Est. Cost/Share $42.72 Unrealized @ Report Date +102.7%

OUST OUSTER INC 0.5%

Value $4.01M (-18.5%) Shares 99,412 (+26.3%) Share Price $40.34 Est. Cost/Share $34.90 Unrealized @ Report Date +15.6%

DORM DORMAN PRODS INC 1.3%

Value $10.6M (-7.0%) Shares 86,468 (+3.5%) Share Price $122.60 Est. Cost/Share $86.43 Unrealized @ Report Date +41.8%

HCSG HEALTHCARE SVCS GROUP INC 1.7%

Value $13.53M (+5.3%) Shares 661,553 (+26.4%) Share Price $20.45 Est. Cost/Share $20.81 Unrealized @ Report Date -1.7%

ASML ASML HLDG NV 0.2%

Value $1.404M (+60.0%) Shares 775 (+75.7%) Share Price $1811.67 Est. Cost/Share $1187.00 Unrealized @ Report Date +52.6%

MSFT MICROSOFT CORP 0.1%

Value $1.156M (+59.3%) Shares 2,253 (+15.8%) Share Price $512.90 Est. Cost/Share $465.89 Unrealized @ Report Date +10.1%

BOBS BOBS DISC FURNITURE INC 0.4%

Value $3.556M (-9.6%) Shares 256,588 (+3.1%) Share Price $13.86 Est. Cost/Share $15.71 Unrealized @ Report Date -11.8%

CXDO CREXENDO INC 0.2%

Value $1.733M (+26.6%) Shares 294,685 (+60.9%) Share Price $5.88 Est. Cost/Share $6.17 Unrealized @ Report Date -4.6%

MAIN MAIN STR CAP CORP 0.5%

Value $3.789M (+10.2%) Shares 68,822 (+3.8%) Share Price $55.05 Est. Cost/Share $46.73 Unrealized @ Report Date +17.8%

TKR TIMKEN CO 1.3%

Value $10.48M (-2.9%) Shares 89,769 (+20.9%) Share Price $116.75 Est. Cost/Share $121.68 Unrealized @ Report Date -4.1%

NVDA NVIDIA CORPORATION 0.2%

Value $1.673M (+19.2%) Shares 7,325 (+4.4%) Share Price $228.38 Est. Cost/Share $162.09 Unrealized @ Report Date +40.9%

SPOT SPOTIFY TECHNOLOGY S A 0.1%

Value $594K (+70.7%) Shares 1,219 (+60.8%) Share Price $487.38 Est. Cost/Share $565.48 Unrealized @ Report Date -13.8%

AAPL APPLE INC 0.2%

Value $1.44M (+20.1%) Shares 4,325 (+4.4%) Share Price $333.02 Est. Cost/Share $233.14 Unrealized @ Report Date +42.8%

AMZN AMAZON COM INC 0.2%

Value $1.336M (+16.5%) Shares 5,364 (+11.4%) Share Price $249.15 Est. Cost/Share $216.16 Unrealized @ Report Date +15.3%

META META PLATFORMS INC 0.1%

Value $604K (+34.4%) Shares 833 (+4.4%) Share Price $725.18 Est. Cost/Share $627.54 Unrealized @ Report Date +15.6%

MA MASTERCARD INCORPORATED 0.1%

Value $606K (+29.8%) Shares 1,098 (+20.9%) Share Price $551.47 Est. Cost/Share $557.27 Unrealized @ Report Date -1.0%

EUSA ISHARES INC 0.4%

Value $2.833M (+5.0%) Shares 25,442 (+7.7%) Share Price $111.34 Est. Cost/Share $102.65 Unrealized @ Report Date +8.5%

ONON ON HLDG AG 0.1%

Value $523K (+33.3%) Shares 17,647 (+59.5%) Share Price $29.61 Est. Cost/Share $40.59 Unrealized @ Report Date -27.0%

TDG TRANSDIGM GROUP INC 0.1%

Value $564K (-15.1%) Shares 521 (+4.4%) Share Price $1082.60 Est. Cost/Share $1311.15 Unrealized @ Report Date -17.4%

GMED GLOBUS MED INC 3.9%

Value $31.43M (-0.3%) Shares 419,566 (+5.2%) Share Price $74.90 Est. Cost/Share $52.64 Unrealized @ Report Date +42.3%

ARM ARM HOLDINGS PLC 0.1%

Value $513K (-14.7%) Shares 1,771 (+4.4%) Share Price $289.66 Est. Cost/Share $266.17 Unrealized @ Report Date +8.8%

GE GE AEROSPACE 0.0%

Value $372K (-12.8%) Shares 1,192 (+4.4%) Share Price $312.29 Est. Cost/Share $315.65 Unrealized @ Report Date -1.1%

LTH LIFE TIME GROUP HOLDINGS INC 0.4%

Value $3.442M (+1.6%) Shares 86,303 (+4.0%) Share Price $39.88 Est. Cost/Share $32.16 Unrealized @ Report Date +24.0%

ODFL OLD DOMINION FREIGHT LINE IN 0.0%

Value $276K (-16.2%) Shares 1,585 (+4.4%) Share Price $173.84 Est. Cost/Share $215.44 Unrealized @ Report Date -19.3%

TT TRANE TECHNOLOGIES PLC 0.1%

Value $414K (+14.1%) Shares 916 (+24.0%) Share Price $451.98 Est. Cost/Share $408.56 Unrealized @ Report Date +10.6%

FCX FREEPORT MCMORAN INC 0.0%

Value $364K (+16.2%) Shares 5,202 (+4.4%) Share Price $70.00 Est. Cost/Share $60.71 Unrealized @ Report Date +15.3%

HD HOME DEPOT INC 0.0%

Value $263K (-15.8%) Shares 924 (+4.4%) Share Price $284.49 Est. Cost/Share $378.59 Unrealized @ Report Date -24.9%

CPRT COPART INC 0.0%

Value $285K (+18.1%) Shares 10,461 (+22.1%) Share Price $27.28 Est. Cost/Share $41.86 Unrealized @ Report Date -34.8%

MDB MONGODB INC 0.1%

Value $538K (+8.3%) Shares 1,543 (+4.4%) Share Price $348.61 Est. Cost/Share $220.18 Unrealized @ Report Date +58.3%

BKTI BK TECHNOLOGIES CORPORATION 0.2%

Value $1.64M (+2.1%) Shares 22,010 (+17.8%) Share Price $74.49 Est. Cost/Share $74.41 Unrealized @ Report Date +0.1%

CDNS CADENCE DESIGN SYSTEM INC 0.0%

Value $367K (-8.1%) Shares 1,111 (+4.4%) Share Price $330.19 Est. Cost/Share $337.04 Unrealized @ Report Date -2.0%

UNH UNITEDHEALTH GROUP INC 0.0%

Value $337K (+10.3%) Shares 919 (+24.9%) Share Price $367.08 Est. Cost/Share $377.01 Unrealized @ Report Date -2.6%

LIN LINDE PLC 0.1%

Value $633K (-4.5%) Shares 1,333 (+4.4%) Share Price $474.65 Est. Cost/Share $447.02 Unrealized @ Report Date +6.2%

PSA PUBLIC STORAGE 0.0%

Value $323K (-7.2%) Shares 1,141 (+4.4%) Share Price $282.84 Est. Cost/Share $285.14 Unrealized @ Report Date —

WMT WALMART INC 0.1%

Value $416K (-4.2%) Shares 4,006 (+4.4%) Share Price $103.92 Est. Cost/Share $102.62 Unrealized @ Report Date +1.3%

FERG FERGUSON ENTERPRISES INC 0.1%

Value $801K (-2.1%) Shares 3,598 (+4.4%) Share Price $222.62 Est. Cost/Share $203.08 Unrealized @ Report Date +9.6%

ORLY OREILLY AUTOMOTIVE INC 0.1%

Value $429K (-3.2%) Shares 5,018 (+4.4%) Share Price $85.41 Est. Cost/Share $92.74 Unrealized @ Report Date -7.9%

IDXX IDEXX LABS INC 0.0%

Value $393K (+3.5%) Shares 753 (+4.3%) Share Price $522.19 Est. Cost/Share $552.52 Unrealized @ Report Date -5.5%

RTX RTX CORPORATION 0.0%

Value $330K (+2.2%) Shares 1,779 (+4.4%) Share Price $185.65 Est. Cost/Share $198.70 Unrealized @ Report Date -6.6%

GOOGL ALPHABET INC 0.1%

Value $1.135M (+0.5%) Shares 3,300 (+4.4%) Share Price $344.08 Est. Cost/Share $212.07 Unrealized @ Report Date +62.3%

SHW SHERWIN WILLIAMS CO 0.0%

Value $209K (-2.0%) Shares 648 (+4.3%) Share Price $323.27 Est. Cost/Share $320.22 Unrealized @ Report Date +1.0%

LLY ELI LILLY & CO 0.1%

Value $588K (+0.6%) Shares 508 (+4.3%) Share Price $1157.08 Est. Cost/Share $823.84 Unrealized @ Report Date +40.5%

COST COSTCO WHOLESALE CORPORATION 0.0%

Value $216K (+1.6%) Shares 237 (+4.4%) Share Price $910.34 Est. Cost/Share $906.91 Unrealized @ Report Date +0.4%

PGR PROGRESSIVE CORP 0.0%

Value $234K (-0.9%) Shares 1,127 (+4.4%) Share Price $207.31 Est. Cost/Share $250.03 Unrealized @ Report Date -17.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MOD	MODINE MFG CO	148,871 (+3.5%)	$25.66M (-33.2%)	3.2%	$172.35 *	$129.81	+44.2%	COM	607828100
AAON	AAON INC	304,755 (+2.7%)	$25.22M (-33.0%)	3.1%	$82.76	$91.38	-9.4%	COM PAR $0.004	000360206
LGND	LIGAND PHARMACEUTICALS INC	69,350 (+72.2%)	$21.66M (+70.2%)	2.7%	$312.37	$260.77	+19.8%	COM NEW	53220K504
VSEC	VSE CORP	154,223 (+3.4%)	$25.4M (-25.5%)	3.1%	$164.70	$196.18	-16.0%	COM	918284100
MDALF	MDA SPACE LTD	935,558 (+84.0%)	$27.72M (+32.1%)	3.4%	$29.63	$28.37	—	COM	55293N109
WCN	WASTE CONNECTIONS INC	59,687 (+289.3%)	$9.188M (+259.5%)	1.1%	$153.93	$165.52	-7.0%	COM	94106B101
OLLI	OLLIES BARGAIN OUTLET HLDGS	303,522 (+20.3%)	$26M (+34.0%)	3.2%	$85.65	$85.37	+0.3%	COM	681116109
DSGX	DESCARTES SYS GROUP INC	169,685 (+63.2%)	$13.72M (+90.6%)	1.7%	$80.86	$56.62	+42.8%	COM	249906108
ENPH	ENPHASE ENERGY INC	358,058 (+3.5%)	$11.81M (-30.6%)	1.5%	$32.99	$41.93	-21.3%	COM	29355A107
SHOP	SHOPIFY INC	41,215 (+289.4%)	$6.112M (+405.8%)	0.8%	$148.30	$125.27	+18.4%	CL A SUB VTG SHS	82509L107
GIL	GILDAN ACTIVEWEAR INC	263,768 (+113.8%)	$11.24M (+76.6%)	1.4%	$42.63	$47.65	-10.5%	COM	375916103
PMTS	CPI CARD GROUP INC	283,741 (+136.5%)	$6.954M (+179.0%)	0.9%	$24.51	$23.29	+5.3%	COM NEW	12634H200
CAE	CAE INC	248,563 (+290.5%)	$5.968M (+274.2%)	0.7%	$24.01	$24.85	-3.4%	COM	124765108
WPM	WHEATON PRECIOUS METALS CORP	37,386 (+485.6%)	$4.999M (+597.2%)	0.6%	$133.72	$118.18	+13.1%	COM	962879102
OBE	OBSIDIAN ENERGY LTD	1,161,952 (+17.3%)	$11.97M (+48.7%)	1.5%	$10.30	$9.16	+12.5%	COM	674482203
BROS	DUTCH BROS INC	119,211 (+3.9%)	$4.597M (-44.2%)	0.6%	$38.56	$56.99	-32.3%	CL A	26701L100
FSS	FEDERAL SIGNAL CORP	297,616 (+5.0%)	$32.97M (-9.4%)	4.1%	$110.79	$87.26	+27.0%	COM	313855108
HGTY	HAGERTY INC	1,755,856 (+3.1%)	$23.63M (+16.4%)	2.9%	$13.46	$11.01	+22.3%	CL A COM	405166109
UTI	UNIVERSAL TECHNICAL INST INC	139,584 (+1.2%)	$2.606M (-55.8%)	0.3%	$18.67	$15.67	+19.1%	COM	913915104
RY	ROYAL BK CDA	29,569 (+130.3%)	$5.813M (+118.8%)	0.7%	$196.59	$165.02	+19.1%	COM	780087102
SAIA	SAIA INC	40,823 (+3.1%)	$13.62M (-18.3%)	1.7%	$333.74	$389.62	-14.3%	COM	78709Y105
MPWR	MONOLITHIC PWR SYS INC	29,452 (+10.8%)	$39.68M (+8.0%)	4.9%	$1347.22	$465.42	+189.5%	COM	609839105
AGI	ALAMOS GOLD INC	110,799 (+412.3%)	$3.589M (+446.9%)	0.4%	$32.39	$29.94	+8.2%	COM CL A	011532108
SITE	SITEONE LANDSCAPE SUPPLY INC	141,072 (+3.8%)	$12.74M (-18.1%)	1.6%	$90.31	$111.29	-18.9%	COM	82982L103
RBA	RB GLOBAL INC	54,256 (+290.1%)	$4.416M (+172.7%)	0.5%	$81.39	$97.67	-16.7%	COM	74935Q107
HBM	HUDBAY MINERALS INC	126,594 (+289.5%)	$3.378M (+340.2%)	0.4%	$26.68	$25.45	+4.8%	COM	443628102
LPX	LOUISIANA PAC CORP	224,342 (+3.3%)	$14.48M (-15.3%)	1.8%	$64.55	$83.98	-23.1%	COM	546347105
IBP	INSTALLED BLDG PRODS INC	83,525 (+3.3%)	$16.03M (-13.8%)	2.0%	$191.88	$98.87	+94.1%	COM	45780R101
AEM	AGNICO EAGLE MINES LTD	17,433 (+289.3%)	$3.195M (+359.9%)	0.4%	$183.27	$147.28	+24.4%	COM	008474108
BN	BROOKFIELD CORP	91,652 (+343.9%)	$3.342M (+280.0%)	0.4%	$36.46	$39.81	-8.4%	CL A LTD VT SH	11271J107
PNTG	PENNANT GROUP INC	189,687 (+36.1%)	$7.398M (+43.6%)	0.9%	$39.00	$33.21	+17.4%	COM	70805E109
FSV	FIRSTSERVICE CORP NEW	24,582 (+288.3%)	$3.144M (+249.5%)	0.4%	$127.88	$139.99	-8.6%	COM	33767E202
RGEN	REPLIGEN CORP	21,884 (+37.3%)	$4.207M (+93.4%)	0.5%	$192.23	$133.66	+43.8%	COM	759916109
CNM	CORE & MAIN INC	465,045 (+6.3%)	$19.29M (-8.6%)	2.4%	$41.48	$39.16	+5.9%	CL A	21874C102
ESQ	ESQUIRE FINL HLDGS INC	38,006 (+56.0%)	$4.423M (+52.4%)	0.5%	$116.37	$114.64	+1.5%	COM	29667J101
PRCH	PORCH GROUP INC	461,885 (+12.1%)	$7.695M (+24.2%)	1.0%	$16.66	$9.38	+77.6%	COM	733245104
AIR	AAR CORP	34,137 (+3.5%)	$3.464M (-26.5%)	0.4%	$101.47	$108.41	-6.4%	COM	000361105
CRAI	CRA INTL INC	44,565 (+4.2%)	$7.315M (+20.1%)	0.9%	$164.15	$59.06	+177.9%	COM	12618T105
VGNT	VERSIGENT PLC	100,045 (+28.5%)	$4.496M (+37.5%)	0.6%	$44.94	$40.89	+9.9%	ORDINARY SHARES	G9600F104
CLBT	CELLEBRITE DI LTD	548,874 (+8.3%)	$6.18M (-16.5%)	0.8%	$11.26	$11.95	-5.8%	ORDINARY SHARES	M2197Q107
BGSI	BOYD GROUP SERVICES INC	149,348 (+33.7%)	$11.71M (+10.8%)	1.4%	$78.41	$143.39	-45.3%	COM	103310108
AX	AXOS FINANCIAL INC	148,387 (+3.7%)	$12.85M (-7.9%)	1.6%	$86.57	$42.72	+102.7%	COM	05465C100
OUST	OUSTER INC	99,412 (+26.3%)	$4.01M (-18.5%)	0.5%	$40.34	$34.90	+15.6%	COM NEW	68989M202
DORM	DORMAN PRODS INC	86,468 (+3.5%)	$10.6M (-7.0%)	1.3%	$122.60	$86.43	+41.8%	COM	258278100
HCSG	HEALTHCARE SVCS GROUP INC	661,553 (+26.4%)	$13.53M (+5.3%)	1.7%	$20.45	$20.81	-1.7%	COM	421906108
ASML	ASML HLDG NV	775 (+75.7%)	$1.404M (+60.0%)	0.2%	$1811.67	$1187.00	+52.6%	N Y REGISTRY SHS	N07059210
MSFT	MICROSOFT CORP	2,253 (+15.8%)	$1.156M (+59.3%)	0.1%	$512.90	$465.89	+10.1%	COM	594918104
BOBS	BOBS DISC FURNITURE INC	256,588 (+3.1%)	$3.556M (-9.6%)	0.4%	$13.86	$15.71	-11.8%	COM SHS	09681N106
CXDO	CREXENDO INC	294,685 (+60.9%)	$1.733M (+26.6%)	0.2%	$5.88	$6.17	-4.6%	COM	226552107
MAIN	MAIN STR CAP CORP	68,822 (+3.8%)	$3.789M (+10.2%)	0.5%	$55.05	$46.73	+17.8%	COM	56035L104
TKR	TIMKEN CO	89,769 (+20.9%)	$10.48M (-2.9%)	1.3%	$116.75	$121.68	-4.1%	COM	887389104
NVDA	NVIDIA CORPORATION	7,325 (+4.4%)	$1.673M (+19.2%)	0.2%	$228.38	$162.09	+40.9%	COM	67066G104
SPOT	SPOTIFY TECHNOLOGY S A	1,219 (+60.8%)	$594K (+70.7%)	0.1%	$487.38	$565.48	-13.8%	SHS	L8681T102
AAPL	APPLE INC	4,325 (+4.4%)	$1.44M (+20.1%)	0.2%	$333.02	$233.14	+42.8%	COM	037833100
AMZN	AMAZON COM INC	5,364 (+11.4%)	$1.336M (+16.5%)	0.2%	$249.15	$216.16	+15.3%	COM	023135106
META	META PLATFORMS INC	833 (+4.4%)	$604K (+34.4%)	0.1%	$725.18	$627.54	+15.6%	CL A	30303M102
MA	MASTERCARD INCORPORATED	1,098 (+20.9%)	$606K (+29.8%)	0.1%	$551.47	$557.27	-1.0%	CL A	57636Q104
EUSA	ISHARES INC	25,442 (+7.7%)	$2.833M (+5.0%)	0.4%	$111.34	$102.65	+8.5%	MSCI EQUAL WEITE	464286681
ONON	ON HLDG AG	17,647 (+59.5%)	$523K (+33.3%)	0.1%	$29.61	$40.59	-27.0%	NAMEN AKT A	H5919C104
TDG	TRANSDIGM GROUP INC	521 (+4.4%)	$564K (-15.1%)	0.1%	$1082.60	$1311.15	-17.4%	COM	893641100
GMED	GLOBUS MED INC	419,566 (+5.2%)	$31.43M (-0.3%)	3.9%	$74.90	$52.64	+42.3%	CL A	379577208
ARM	ARM HOLDINGS PLC	1,771 (+4.4%)	$513K (-14.7%)	0.1%	$289.66	$266.17	+8.8%	SPONSORED ADS	042068205
GE	GE AEROSPACE	1,192 (+4.4%)	$372K (-12.8%)	0.0%	$312.29	$315.65	-1.1%	COM NEW	369604301
LTH	LIFE TIME GROUP HOLDINGS INC	86,303 (+4.0%)	$3.442M (+1.6%)	0.4%	$39.88	$32.16	+24.0%	COMMON STOCK	53190C102
ODFL	OLD DOMINION FREIGHT LINE IN	1,585 (+4.4%)	$276K (-16.2%)	0.0%	$173.84	$215.44	-19.3%	COM	679580100
TT	TRANE TECHNOLOGIES PLC	916 (+24.0%)	$414K (+14.1%)	0.1%	$451.98	$408.56	+10.6%	SHS	G8994E103
FCX	FREEPORT MCMORAN INC	5,202 (+4.4%)	$364K (+16.2%)	0.0%	$70.00	$60.71	+15.3%	CL B	35671D857
HD	HOME DEPOT INC	924 (+4.4%)	$263K (-15.8%)	0.0%	$284.49	$378.59	-24.9%	COM	437076102
CPRT	COPART INC	10,461 (+22.1%)	$285K (+18.1%)	0.0%	$27.28	$41.86	-34.8%	COM	217204106
MDB	MONGODB INC	1,543 (+4.4%)	$538K (+8.3%)	0.1%	$348.61	$220.18	+58.3%	CL A	60937P106
BKTI	BK TECHNOLOGIES CORPORATION	22,010 (+17.8%)	$1.64M (+2.1%)	0.2%	$74.49	$74.41	+0.1%	COM NEW	05587G203
CDNS	CADENCE DESIGN SYSTEM INC	1,111 (+4.4%)	$367K (-8.1%)	0.0%	$330.19	$337.04	-2.0%	COM	127387108
UNH	UNITEDHEALTH GROUP INC	919 (+24.9%)	$337K (+10.3%)	0.0%	$367.08	$377.01	-2.6%	COM	91324P102
LIN	LINDE PLC	1,333 (+4.4%)	$633K (-4.5%)	0.1%	$474.65	$447.02	+6.2%	SHS	G54950103
PSA	PUBLIC STORAGE	1,141 (+4.4%)	$323K (-7.2%)	0.0%	$282.84	$285.14	—	COM	74460D109
WMT	WALMART INC	4,006 (+4.4%)	$416K (-4.2%)	0.1%	$103.92	$102.62	+1.3%	COM	931142103
FERG	FERGUSON ENTERPRISES INC	3,598 (+4.4%)	$801K (-2.1%)	0.1%	$222.62	$203.08	+9.6%	COMMON STOCK NEW	31488V107
ORLY	OREILLY AUTOMOTIVE INC	5,018 (+4.4%)	$429K (-3.2%)	0.1%	$85.41	$92.74	-7.9%	COM	67103H107
IDXX	IDEXX LABS INC	753 (+4.3%)	$393K (+3.5%)	0.0%	$522.19	$552.52	-5.5%	COM	45168D104
RTX	RTX CORPORATION	1,779 (+4.4%)	$330K (+2.2%)	0.0%	$185.65	$198.70	-6.6%	COM	75513E101
GOOGL	ALPHABET INC	3,300 (+4.4%)	$1.135M (+0.5%)	0.1%	$344.08	$212.07	+62.3%	CAP STK CL A	02079K305
SHW	SHERWIN WILLIAMS CO	648 (+4.3%)	$209K (-2.0%)	0.0%	$323.27	$320.22	+1.0%	COM	824348106
LLY	ELI LILLY & CO	508 (+4.3%)	$588K (+0.6%)	0.1%	$1157.08	$823.84	+40.5%	COM	532457108
COST	COSTCO WHOLESALE CORPORATION	237 (+4.4%)	$216K (+1.6%)	0.0%	$910.34	$906.91	+0.4%	COM	22160K105
PGR	PROGRESSIVE CORP	1,127 (+4.4%)	$234K (-0.9%)	0.0%	$207.31	$250.03	-17.1%	COM	743315103

Exited Positions (3)

WING WINGSTOP INC 0.6%

Value $4.548M Shares 26,229 Share Price $173.41 * Est. Cost/Share $157.58 Unrealized @ Report Date -33.1%

TXG 10X GENOMICS INC 0.4%

Value $3.174M Shares 82,793 Share Price $38.34 * Est. Cost/Share $26.21 Unrealized @ Report Date +244.8%

BWMN BOWMAN CONSULTING GROUP LTD 0.2%

Value $1.501M Shares 51,411 Share Price $29.20 * Est. Cost/Share $20.81 Unrealized @ Report Date +104.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
WING	WINGSTOP INC	26,229	$4.548M	0.6%	$173.41 *	$157.58	-33.1%	—	974155103
TXG	10X GENOMICS INC	82,793	$3.174M	0.4%	$38.34 *	$26.21	+244.8%	—	88025U109
BWMN	BOWMAN CONSULTING GROUP LTD	51,411	$1.501M	0.2%	$29.20 *	$20.81	+104.9%	—	103002101

Decreased Positions (11)

REZI RESIDEO TECHNOLOGIES INC 0.3%

Value $2.674M (-92.4%) Shares 147,307 (-86.9%) Share Price $18.15 Est. Cost/Share $22.98 Unrealized @ Report Date -21.0%

WSO WATSCO INC 1.1%

Value $9.032M (-57.2%) Shares 29,840 (-41.1%) Share Price $302.69 Est. Cost/Share $350.92 Unrealized @ Report Date -13.7%

PSTG EVERPURE INC 5.2%

Value $41.83M (+6.7%) Shares 319,870 (-35.7%) Share Price $130.78 Est. Cost/Share $41.30 Unrealized @ Report Date —

IEMG ISHARES INC 0.2%

Value $1.663M (-58.4%) Shares 20,496 (-57.5%) Share Price $81.16 Est. Cost/Share $46.94 Unrealized @ Report Date +72.9%

RDVT RED VIOLET INC 0.8%

Value $6.853M (-19.0%) Shares 86,737 (-34.7%) Share Price $79.01 Est. Cost/Share $37.62 Unrealized @ Report Date +110.0%

VBNK VERSABANK NEW 2.0%

Value $16.18M (-8.3%) Shares 728,001 (-4.2%) Share Price $22.22 Est. Cost/Share $17.06 Unrealized @ Report Date —

FIVE FIVE BELOW INC 0.3%

Value $2.738M (-16.3%) Shares 12,468 (-31.5%) Share Price $219.57 Est. Cost/Share $141.49 Unrealized @ Report Date +55.2%

TSAT TELESAT CORP 0.5%

Value $4.162M (-10.4%) Shares 90,193 (-1.7%) Share Price $46.14 Est. Cost/Share $32.19 Unrealized @ Report Date +43.3%

IMAX IMAX CORP 2.7%

Value $21.5M (+1.4%) Shares 392,339 (-26.2%) Share Price $54.80 Est. Cost/Share $19.97 Unrealized @ Report Date +174.4%

IVV ISHARES TR 1.9%

Value $15.15M (-1.6%) Shares 19,780 (-3.8%) Share Price $765.85 Est. Cost/Share $405.28 Unrealized @ Report Date +89.0%

VCTR VICTORY CAP HLDGS INC DEL 0.8%

Value $6.672M (-1.7%) Shares 60,321 (-25.3%) Share Price $110.60 Est. Cost/Share $51.96 Unrealized @ Report Date +112.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
REZI	RESIDEO TECHNOLOGIES INC	147,307 (-86.9%)	$2.674M (-92.4%)	0.3%	$18.15	$22.98	-21.0%	COM	76118Y104
WSO	WATSCO INC	29,840 (-41.1%)	$9.032M (-57.2%)	1.1%	$302.69	$350.92	-13.7%	COM	942622200
PSTG	EVERPURE INC	319,870 (-35.7%)	$41.83M (+6.7%)	5.2%	$130.78	$41.30	—	CL A	74624M102
IEMG	ISHARES INC	20,496 (-57.5%)	$1.663M (-58.4%)	0.2%	$81.16	$46.94	+72.9%	CORE MSCI EMKT	46434G103
RDVT	RED VIOLET INC	86,737 (-34.7%)	$6.853M (-19.0%)	0.8%	$79.01	$37.62	+110.0%	COM	75704L104
VBNK	VERSABANK NEW	728,001 (-4.2%)	$16.18M (-8.3%)	2.0%	$22.22	$17.06	—	COM	92512J106
FIVE	FIVE BELOW INC	12,468 (-31.5%)	$2.738M (-16.3%)	0.3%	$219.57	$141.49	+55.2%	COM	33829M101
TSAT	TELESAT CORP	90,193 (-1.7%)	$4.162M (-10.4%)	0.5%	$46.14	$32.19	+43.3%	CL A & CL B SHS	879512309
IMAX	IMAX CORP	392,339 (-26.2%)	$21.5M (+1.4%)	2.7%	$54.80	$19.97	+174.4%	COM	45245E109
IVV	ISHARES TR	19,780 (-3.8%)	$15.15M (-1.6%)	1.9%	$765.85	$405.28	+89.0%	CORE S&P500 ETF	464287200
VCTR	VICTORY CAP HLDGS INC DEL	60,321 (-25.3%)	$6.672M (-1.7%)	0.8%	$110.60	$51.96	+112.9%	COM CL A	92645B103

Unchanged Positions (1)

IEFA ISHARES TR 0.6%

Value $4.963M Shares 51,225 Share Price $96.88 Est. Cost/Share $68.95 Unrealized @ Report Date +40.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
IEFA	ISHARES TR	51,225	$4.963M	0.6%	$96.88	$68.95	+40.5%	CORE MSCI EAFE	46432F842