Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AMAT	APPLIED MATLS INC	428,405	$219M	2.5%	$511.38	$507.76	+0.7%	COM	038222105
ITW	ILLINOIS TOOL WKS INC	467,440	$120M	1.3%	$257.28	$277.65	-7.3%	COM	452308109
MSI	MOTOROLA SOLUTIONS INC	140,618	$62.71M	0.7%	$445.97	$450.16	-0.9%	COM NEW	620076307
SKHY	SK HYNIX INC	318,139	$58.59M	0.7%	$184.15	$165.41	+11.3%	AMERICAN DEPOSIT	78392B206
MU	MICRON TECHNOLOGY INC	11,120	$11.84M	0.1%	$1065.11	$949.89	+12.1%	COM	595112103
MPC	MARATHON PETE CORP	12,900	$5.101M	0.1%	$395.42	$345.71	+14.4%	COM	56585A102
ALL	ALLSTATE CORP	20,800	$4.615M	0.1%	$221.86	$253.58	-12.5%	COM	020002101
ADBE	ADOBE INC	18,240	$4.377M	0.0%	$239.94	$250.37	-4.2%	COM	00724F101
CBOE	CBOE GLOBAL MKTS INC	15,160	$4.173M	0.0%	$275.29	$283.40	-2.9%	COM	12503M108
APH	AMPHENOL CORP	43,900	$3.701M	0.0%	$84.30	$135.67	-37.9%	CL A	032095101
VEEV	VEEVA SYS INC	10,900	$3.111M	0.0%	$285.45	$234.97	+21.5%	CL A COM	922475108
EOG	EOG RES INC	20,285	$2.794M	0.0%	$137.76	$142.66	-3.4%	COM	26875P101
RMD	RESMED INC	12,100	$2.675M	0.0%	$221.10	$218.14	+1.4%	COM	761152107
WFC	WELLS FARGO & CO	31,631	$2.532M	0.0%	$80.05	$86.51	-7.5%	COM	949746101
NBIX	NEUROCRINE BIOSCIENCES INC	15,100	$2.142M	0.0%	$141.84	$160.75	-11.8%	COM	64125C109
CDW	CDW CORP	16,600	$2.127M	0.0%	$128.16	$140.95	-9.1%	COM	12514G108
DVN	DEVON ENERGY CORP NEW	35,100	$1.616M	0.0%	$46.04	$45.90	+0.3%	COM	25179M103
WING	WINGSTOP INC	13,000	$1.37M	0.0%	$105.37	$123.98	-15.0%	COM	974155103
GEN	GEN DIGITAL INC	30,500	$672K	0.0%	$22.02	$27.75	-20.6%	COM	668771108

Increased Positions (27)

GOOGL ALPHABET INC 8.0%

Value $714M (+12.3%) Shares 2,075,543 (+16.6%) Share Price $344.08 Est. Cost/Share $159.84 Unrealized @ Report Date +115.3%

LHX L3HARRIS TECHNOLOGIES INC 0.4%

Value $37.59M (+142.5%) Shares 158,741 (+197.6%) Share Price $236.78 Est. Cost/Share $287.52 Unrealized @ Report Date -17.6%

ISRG INTUITIVE SURGICAL INC 1.3%

Value $118M (+21.6%) Shares 290,696 (+18.9%) Share Price $406.63 Est. Cost/Share $453.55 Unrealized @ Report Date -10.3%

V VISA INC 0.1%

Value $9.348M (+136.2%) Shares 26,016 (+125.5%) Share Price $359.33 Est. Cost/Share $346.03 Unrealized @ Report Date +3.8%

MCO MOODYS CORP 0.8%

Value $71.16M (+7.8%) Shares 156,703 (+7.5%) Share Price $454.13 Est. Cost/Share $333.40 Unrealized @ Report Date +36.2%

SCHW CHARLES SCHWAB CORP (THE) 0.1%

Value $6.109M (+202.3%) Shares 62,500 (+185.4%) Share Price $97.74 Est. Cost/Share $102.28 Unrealized @ Report Date -4.4%

NOW SERVICENOW INC 0.1%

Value $4.985M (+200.9%) Shares 37,200 (+123.0%) Share Price $134.01 Est. Cost/Share $146.33 Unrealized @ Report Date -8.4%

VLTO VERALTO CORP 0.0%

Value $4.329M (+234.4%) Shares 45,900 (+214.4%) Share Price $94.32 Est. Cost/Share $94.66 Unrealized @ Report Date -0.4%

BND VANGUARD BD INDEX FDS 0.1%

Value $6.624M (+47.8%) Shares 94,426 (+54.6%) Share Price $70.15 Est. Cost/Share $72.51 Unrealized @ Report Date -3.3%

OTIS OTIS WORLDWIDE CORP 0.0%

Value $4.174M (+95.0%) Shares 64,900 (+117.1%) Share Price $64.32 Est. Cost/Share $70.94 Unrealized @ Report Date -9.3%

GEHC GE HEALTHCARE TECHNOLOGIES I 0.0%

Value $2.732M (+200.6%) Shares 41,800 (+194.4%) Share Price $65.37 Est. Cost/Share $66.99 Unrealized @ Report Date -2.4%

CPRT COPART INC 0.0%

Value $2.532M (+158.8%) Shares 92,800 (+167.4%) Share Price $27.28 Est. Cost/Share $38.12 Unrealized @ Report Date -28.4%

NEM NEWMONT CORP 0.0%

Value $2.964M (+90.0%) Shares 25,700 (+53.9%) Share Price $115.34 Est. Cost/Share $114.07 Unrealized @ Report Date +1.1%

UBER UBER TECHNOLOGIES INC 1.6%

Value $146M (-0.9%) Shares 2,130,502 (+4.4%) Share Price $68.51 Est. Cost/Share $91.05 Unrealized @ Report Date -24.8%

ZTS ZOETIS INC 0.0%

Value $2.826M (+74.2%) Shares 40,470 (+79.3%) Share Price $69.83 Est. Cost/Share $122.42 Unrealized @ Report Date -43.0%

NU NU HLDGS LTD 0.0%

Value $1.498M (+213.1%) Shares 118,300 (+230.4%) Share Price $12.66 Est. Cost/Share $13.97 Unrealized @ Report Date -9.4%

VGT VANGUARD WORLD FD 0.1%

Value $8.906M (+8.2%) Shares 70,866 (+2.9%) Share Price $125.67 Est. Cost/Share $109.76 Unrealized @ Report Date +14.5%

ROST ROSS STORES INC 0.0%

Value $4.281M (+16.4%) Shares 18,341 (+6.1%) Share Price $233.40 Est. Cost/Share $150.27 Unrealized @ Report Date +55.3%

KRC KILROY REALTY CORP 0.0%

Value $934K (+83.9%) Shares 28,076 (+107.2%) Share Price $33.27 Est. Cost/Share $35.30 Unrealized @ Report Date —

ABNB AIRBNB INC 0.0%

Value $2.575M (+14.9%) Shares 16,029 (+2.4%) Share Price $160.65 Est. Cost/Share $135.79 Unrealized @ Report Date +18.3%

BXP BXP INC 0.0%

Value $1.053M (+30.6%) Shares 17,234 (+41.7%) Share Price $61.11 Est. Cost/Share $64.78 Unrealized @ Report Date —

O REALTY INCOME CORP 0.0%

Value $1.852M (+10.7%) Shares 34,100 (+26.3%) Share Price $54.30 Est. Cost/Share $60.37 Unrealized @ Report Date —

VWO VANGUARD INTL EQUITY INDEX F 0.2%

Value $15.15M (+1.2%) Shares 255,446 (+1.8%) Share Price $59.31 Est. Cost/Share $50.93 Unrealized @ Report Date +16.5%

EQR VIVMARK RESIDENTIAL 0.0%

Value $1.317M (-5.6%) Shares 21,672 (+5.6%) Share Price $60.76 Est. Cost/Share $57.41 Unrealized @ Report Date —

MDLZ MONDELEZ INTL INC 0.0%

Value $879K (+8.5%) Shares 15,200 (+8.6%) Share Price $57.82 Est. Cost/Share $62.22 Unrealized @ Report Date -7.1%

BAC BANK OF AMER CORP 0.0%

Value $1.872M (-2.8%) Shares 34,400 (+1.8%) Share Price $54.43 Est. Cost/Share $51.76 Unrealized @ Report Date +5.2%

IWM ISHARES TR 0.1%

Value $5.261M (-0.4%) Shares 18,933 (+7.7%) Share Price $277.89 Est. Cost/Share $281.92 Unrealized @ Report Date -1.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GOOGL	ALPHABET INC	2,075,543 (+16.6%)	$714M (+12.3%)	8.0%	$344.08	$159.84	+115.3%	CAP STK CL A	02079K305
LHX	L3HARRIS TECHNOLOGIES INC	158,741 (+197.6%)	$37.59M (+142.5%)	0.4%	$236.78	$287.52	-17.6%	COM	502431109
ISRG	INTUITIVE SURGICAL INC	290,696 (+18.9%)	$118M (+21.6%)	1.3%	$406.63	$453.55	-10.3%	COM NEW	46120E602
V	VISA INC	26,016 (+125.5%)	$9.348M (+136.2%)	0.1%	$359.33	$346.03	+3.8%	COM CL A	92826C839
MCO	MOODYS CORP	156,703 (+7.5%)	$71.16M (+7.8%)	0.8%	$454.13	$333.40	+36.2%	COM	615369105
SCHW	CHARLES SCHWAB CORP (THE)	62,500 (+185.4%)	$6.109M (+202.3%)	0.1%	$97.74	$102.28	-4.4%	COM	808513105
NOW	SERVICENOW INC	37,200 (+123.0%)	$4.985M (+200.9%)	0.1%	$134.01	$146.33	-8.4%	COM	81762P102
VLTO	VERALTO CORP	45,900 (+214.4%)	$4.329M (+234.4%)	0.0%	$94.32	$94.66	-0.4%	COM SHS	92338C103
BND	VANGUARD BD INDEX FDS	94,426 (+54.6%)	$6.624M (+47.8%)	0.1%	$70.15	$72.51	-3.3%	TOTAL BND MRKT	921937835
OTIS	OTIS WORLDWIDE CORP	64,900 (+117.1%)	$4.174M (+95.0%)	0.0%	$64.32	$70.94	-9.3%	COM	68902V107
GEHC	GE HEALTHCARE TECHNOLOGIES I	41,800 (+194.4%)	$2.732M (+200.6%)	0.0%	$65.37	$66.99	-2.4%	COMMON STOCK	36266G107
CPRT	COPART INC	92,800 (+167.4%)	$2.532M (+158.8%)	0.0%	$27.28	$38.12	-28.4%	COM	217204106
NEM	NEWMONT CORP	25,700 (+53.9%)	$2.964M (+90.0%)	0.0%	$115.34	$114.07	+1.1%	COM	651639106
UBER	UBER TECHNOLOGIES INC	2,130,502 (+4.4%)	$146M (-0.9%)	1.6%	$68.51	$91.05	-24.8%	COM	90353T100
ZTS	ZOETIS INC	40,470 (+79.3%)	$2.826M (+74.2%)	0.0%	$69.83	$122.42	-43.0%	CL A	98978V103
NU	NU HLDGS LTD	118,300 (+230.4%)	$1.498M (+213.1%)	0.0%	$12.66	$13.97	-9.4%	ORD SHS CL A	G6683N103
VGT	VANGUARD WORLD FD	70,866 (+2.9%)	$8.906M (+8.2%)	0.1%	$125.67	$109.76	+14.5%	INF TECH ETF	92204A702
ROST	ROSS STORES INC	18,341 (+6.1%)	$4.281M (+16.4%)	0.0%	$233.40	$150.27	+55.3%	COM	778296103
KRC	KILROY REALTY CORP	28,076 (+107.2%)	$934K (+83.9%)	0.0%	$33.27	$35.30	—	COM	49427F108
ABNB	AIRBNB INC	16,029 (+2.4%)	$2.575M (+14.9%)	0.0%	$160.65	$135.79	+18.3%	COM CL A	009066101
BXP	BXP INC	17,234 (+41.7%)	$1.053M (+30.6%)	0.0%	$61.11	$64.78	—	COM	101121101
O	REALTY INCOME CORP	34,100 (+26.3%)	$1.852M (+10.7%)	0.0%	$54.30	$60.37	—	COM	756109104
VWO	VANGUARD INTL EQUITY INDEX F	255,446 (+1.8%)	$15.15M (+1.2%)	0.2%	$59.31	$50.93	+16.5%	FTSE EMR MKT ETF	922042858
EQR	VIVMARK RESIDENTIAL	21,672 (+5.6%)	$1.317M (-5.6%)	0.0%	$60.76	$57.41	—	SH BEN INT	29476L107
MDLZ	MONDELEZ INTL INC	15,200 (+8.6%)	$879K (+8.5%)	0.0%	$57.82	$62.22	-7.1%	CL A	609207105
BAC	BANK OF AMER CORP	34,400 (+1.8%)	$1.872M (-2.8%)	0.0%	$54.43	$51.76	+5.2%	COM	060505104
IWM	ISHARES TR	18,933 (+7.7%)	$5.261M (-0.4%)	0.1%	$277.89	$281.92	-1.4%	RUSSELL 2000 ETF	464287655

Exited Positions (2)

GGG GRACO INC 0.0%

Value $1.237M Shares 16,365 Share Price $75.61 Est. Cost/Share $85.05 Unrealized @ Report Date -9.7%

NKE NIKE INC 0.0%

Value $957K Shares 23,321 Share Price $41.05 * Est. Cost/Share $60.65 Unrealized @ Report Date -41.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GGG	GRACO INC	16,365	$1.237M	0.0%	$75.61	$85.05	-9.7%	—	384109104
NKE	NIKE INC	23,321	$957K	0.0%	$41.05 *	$60.65	-41.6%	—	654106103

Decreased Positions (49)

AVGO BROADCOM INC 3.3%

Value $292M (-32.9%) Shares 831,157 (-27.8%) Share Price $351.19 Est. Cost/Share $230.70 Unrealized @ Report Date +52.2%

MSFT MICROSOFT CORP 7.7%

Value $691M (+21.9%) Shares 1,346,929 (-11.3%) Share Price $512.90 Est. Cost/Share $273.17 Unrealized @ Report Date +87.8%

TSM TAIWAN SEMICONDUCTOR MANUFAC 2.1%

Value $184M (-27.4%) Shares 402,473 (-24.0%) Share Price $456.19 Est. Cost/Share $382.84 Unrealized @ Report Date +19.2%

EMR EMERSON ELEC CO 2.0%

Value $178M (-25.4%) Shares 1,150,841 (-31.1%) Share Price $155.10 Est. Cost/Share $114.77 Unrealized @ Report Date +35.1%

HD HOME DEPOT INC 2.1%

Value $190M (-21.7%) Shares 667,494 (-2.9%) Share Price $284.49 Est. Cost/Share $315.33 Unrealized @ Report Date -9.8%

AMGN AMGEN INC 0.9%

Value $75.97M (-39.0%) Shares 180,232 (-47.6%) Share Price $421.51 Est. Cost/Share $184.32 Unrealized @ Report Date +128.7%

TMO THERMO FISHER SCIENTIFIC INC 1.9%

Value $173M (+29.7%) Shares 256,996 (-3.7%) Share Price $675.05 Est. Cost/Share $532.88 Unrealized @ Report Date +26.7%

AAPL APPLE INC 6.4%

Value $574M (+7.3%) Shares 1,722,690 (-6.8%) Share Price $333.02 Est. Cost/Share $198.50 Unrealized @ Report Date +67.8%

C CITIGROUP INC 2.6%

Value $228M (-12.4%) Shares 1,757,895 (-5.3%) Share Price $129.48 Est. Cost/Share $124.35 Unrealized @ Report Date +4.1%

DUK DUKE ENERGY CORP NEW 1.6%

Value $143M (-12.1%) Shares 1,252,080 (-2.4%) Share Price $114.01 Est. Cost/Share $124.76 Unrealized @ Report Date -8.6%

JPM JPMORGAN CHASE & CO 2.0%

Value $179M (-9.1%) Shares 541,683 (-10.1%) Share Price $330.83 Est. Cost/Share $169.78 Unrealized @ Report Date +94.9%

CL COLGATE PALMOLIVE CO 1.7%

Value $153M (-10.5%) Shares 1,787,498 (-3.8%) Share Price $85.32 Est. Cost/Share $72.33 Unrealized @ Report Date +18.0%

NFLX NETFLIX INC. 2.0%

Value $178M (-8.9%) Shares 2,559,181 (-6.5%) Share Price $69.58 Est. Cost/Share $105.17 Unrealized @ Report Date -33.8%

BLK BLACKROCK INC 2.8%

Value $246M (+6.7%) Shares 232,659 (-3.0%) Share Price $1058.29 Est. Cost/Share $1002.57 Unrealized @ Report Date +5.6%

PWR QUANTA SVCS INC 1.2%

Value $104M (-12.3%) Shares 161,906 (-1.7%) Share Price $642.51 Est. Cost/Share $489.92 Unrealized @ Report Date +31.1%

COST COSTCO WHOLESALE CORPORATION 2.1%

Value $186M (-7.1%) Shares 204,462 (-4.5%) Share Price $910.34 Est. Cost/Share $415.31 Unrealized @ Report Date +119.2%

LLY ELI LILLY & CO 1.3%

Value $120M (-9.5%) Shares 103,935 (-6.2%) Share Price $1157.08 Est. Cost/Share $629.60 Unrealized @ Report Date +83.8%

KMB KIMBERLY-CLARK CORP 0.7%

Value $64.16M (-16.5%) Shares 658,565 (-5.9%) Share Price $97.43 Est. Cost/Share $128.23 Unrealized @ Report Date -24.0%

CSCO CISCO SYS INC 1.0%

Value $89.74M (-11.5%) Shares 833,745 (-3.4%) Share Price $107.63 Est. Cost/Share $45.82 Unrealized @ Report Date +134.9%

NVDA NVIDIA CORPORATION 9.6%

Value $858M (+1.3%) Shares 3,758,282 (-11.3%) Share Price $228.38 Est. Cost/Share $110.67 Unrealized @ Report Date +106.4%

AOS SMITH A O CORP 0.7%

Value $60.39M (-14.2%) Shares 1,071,287 (-4.6%) Share Price $56.37 Est. Cost/Share $67.05 Unrealized @ Report Date -15.9%

MRK MERCK & CO INC 1.2%

Value $103M (+9.2%) Shares 711,274 (-3.4%) Share Price $145.31 Est. Cost/Share $74.50 Unrealized @ Report Date +95.1%

PLD PROLOGIS INC. 1.0%

Value $88.98M (-6.2%) Shares 685,281 (-2.1%) Share Price $129.84 Est. Cost/Share $104.74 Unrealized @ Report Date —

GLD SPDR GOLD TR 0.1%

Value $8.382M (-41.0%) Shares 22,010 (-43.0%) Share Price $380.84 Est. Cost/Share $264.45 Unrealized @ Report Date +44.0%

TXN TEXAS INSTRS INC 0.3%

Value $29.23M (-12.9%) Shares 104,372 (-7.3%) Share Price $280.09 Est. Cost/Share $175.96 Unrealized @ Report Date +59.2%

SNA SNAP ON INC 0.2%

Value $22M (-15.7%) Shares 60,555 (-6.7%) Share Price $363.35 Est. Cost/Share $330.68 Unrealized @ Report Date +9.9%

NTAP NETAPP INC 0.3%

Value $27.76M (+17.3%) Shares 132,156 (-13.6%) Share Price $210.08 Est. Cost/Share $113.44 Unrealized @ Report Date +85.2%

ECL ECOLAB INC 1.0%

Value $91.92M (-4.0%) Shares 334,755 (-2.6%) Share Price $274.58 Est. Cost/Share $262.72 Unrealized @ Report Date +4.5%

AMZN AMAZON COM INC 5.1%

Value $454M (-0.7%) Shares 1,821,819 (-5.0%) Share Price $249.15 Est. Cost/Share $119.74 Unrealized @ Report Date +108.1%

AMT AMERICAN TOWER CORP 1.5%

Value $136M (-2.1%) Shares 830,901 (-2.2%) Share Price $163.69 Est. Cost/Share $189.59 Unrealized @ Report Date —

EWU ISHARES TR 0.0%

Value $1.368M (-65.9%) Shares 29,395 (-66.2%) Share Price $46.53 Est. Cost/Share $46.07 Unrealized @ Report Date +1.0%

FTNT FORTINET INC 0.1%

Value $5.3M (-32.2%) Shares 29,650 (-41.7%) Share Price $178.76 Est. Cost/Share $77.12 Unrealized @ Report Date +131.8%

META META PLATFORMS INC 2.1%

Value $186M (-1.1%) Shares 256,582 (-23.2%) Share Price $725.18 Est. Cost/Share $321.95 Unrealized @ Report Date +125.2%

PFE PFIZER INC 0.2%

Value $22.27M (+9.4%) Shares 780,970 (-7.6%) Share Price $28.52 Est. Cost/Share $25.55 Unrealized @ Report Date +11.6%

GOOG ALPHABET INC 0.2%

Value $15.52M (-9.1%) Shares 45,542 (-5.8%) Share Price $340.74 Est. Cost/Share $110.55 Unrealized @ Report Date +208.2%

MS MORGAN STANLEY 0.1%

Value $5.251M (-18.1%) Shares 27,918 (-9.0%) Share Price $188.08 Est. Cost/Share $130.78 Unrealized @ Report Date +43.8%

MRSH MARSH & MCLENNAN COS INC 0.3%

Value $26.07M (-3.4%) Shares 152,691 (-5.7%) Share Price $170.73 Est. Cost/Share $215.59 Unrealized @ Report Date -20.8%

FRPT FRESHPET INC 0.0%

Value $921K (-45.3%) Shares 16,000 (-43.9%) Share Price $57.56 Est. Cost/Share $86.30 Unrealized @ Report Date -33.3%

DE DEERE & CO 1.0%

Value $85.77M (-0.7%) Shares 127,718 (-6.2%) Share Price $671.55 Est. Cost/Share $269.82 Unrealized @ Report Date +148.9%

WMT WALMART INC 0.0%

Value $2.338M (-19.7%) Shares 22,498 (-12.5%) Share Price $103.92 Est. Cost/Share $93.62 Unrealized @ Report Date +11.0%

CMG CHIPOTLE MEXICAN GRILL INC 0.0%

Value $1.278M (-27.7%) Shares 40,000 (-23.1%) Share Price $31.95 Est. Cost/Share $54.79 Unrealized @ Report Date -41.7%

VGK VANGUARD INTL EQUITY INDEX F 0.1%

Value $4.571M (-9.2%) Shares 52,666 (-7.4%) Share Price $86.80 Est. Cost/Share $79.33 Unrealized @ Report Date +9.4%

VDE VANGUARD WORLD FD 0.0%

Value $3.681M (+13.5%) Shares 21,381 (-1.0%) Share Price $172.16 Est. Cost/Share $151.27 Unrealized @ Report Date +13.8%

INTC INTEL CORP 0.0%

Value $1.767M (-18.9%) Shares 14,700 (-5.8%) Share Price $120.23 Est. Cost/Share $101.12 Unrealized @ Report Date +18.9%

ARMK ARAMARK 0.0%

Value $2.035M (-10.6%) Shares 38,000 (-5.0%) Share Price $53.55 Est. Cost/Share $25.52 Unrealized @ Report Date +109.8%

TTEK TETRA TECH INC NEW 0.2%

Value $13.75M (+0.7%) Shares 417,446 (-11.7%) Share Price $32.95 Est. Cost/Share $33.32 Unrealized @ Report Date -1.1%

LEMB ISHARES INC 0.1%

Value $4.491M (-1.9%) Shares 106,286 (-1.5%) Share Price $42.25 Est. Cost/Share $41.92 Unrealized @ Report Date +0.8%

KIM KIMCO REALTY CORP 0.0%

Value $328K (-17.8%) Shares 14,750 (-6.1%) Share Price $22.21 Est. Cost/Share $20.14 Unrealized @ Report Date —

ELF E L F BEAUTY INC 0.0%

Value $4.44M (-0.9%) Shares 43,972 (-27.4%) Share Price $100.97 Est. Cost/Share $97.34 Unrealized @ Report Date +3.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AVGO	BROADCOM INC	831,157 (-27.8%)	$292M (-32.9%)	3.3%	$351.19	$230.70	+52.2%	COM	11135F101
MSFT	MICROSOFT CORP	1,346,929 (-11.3%)	$691M (+21.9%)	7.7%	$512.90	$273.17	+87.8%	COM	594918104
TSM	TAIWAN SEMICONDUCTOR MANUFAC	402,473 (-24.0%)	$184M (-27.4%)	2.1%	$456.19	$382.84	+19.2%	SPONSORED ADS	874039100
EMR	EMERSON ELEC CO	1,150,841 (-31.1%)	$178M (-25.4%)	2.0%	$155.10	$114.77	+35.1%	COM	291011104
HD	HOME DEPOT INC	667,494 (-2.9%)	$190M (-21.7%)	2.1%	$284.49	$315.33	-9.8%	COM	437076102
AMGN	AMGEN INC	180,232 (-47.6%)	$75.97M (-39.0%)	0.9%	$421.51	$184.32	+128.7%	COM	031162100
TMO	THERMO FISHER SCIENTIFIC INC	256,996 (-3.7%)	$173M (+29.7%)	1.9%	$675.05	$532.88	+26.7%	COM	883556102
AAPL	APPLE INC	1,722,690 (-6.8%)	$574M (+7.3%)	6.4%	$333.02	$198.50	+67.8%	COM	037833100
C	CITIGROUP INC	1,757,895 (-5.3%)	$228M (-12.4%)	2.6%	$129.48	$124.35	+4.1%	COM NEW	172967424
DUK	DUKE ENERGY CORP NEW	1,252,080 (-2.4%)	$143M (-12.1%)	1.6%	$114.01	$124.76	-8.6%	COM NEW	26441C204
JPM	JPMORGAN CHASE & CO	541,683 (-10.1%)	$179M (-9.1%)	2.0%	$330.83	$169.78	+94.9%	COM	46625H100
CL	COLGATE PALMOLIVE CO	1,787,498 (-3.8%)	$153M (-10.5%)	1.7%	$85.32	$72.33	+18.0%	COM	194162103
NFLX	NETFLIX INC.	2,559,181 (-6.5%)	$178M (-8.9%)	2.0%	$69.58	$105.17	-33.8%	COM	64110L106
BLK	BLACKROCK INC	232,659 (-3.0%)	$246M (+6.7%)	2.8%	$1058.29	$1002.57	+5.6%	COM	09290D101
PWR	QUANTA SVCS INC	161,906 (-1.7%)	$104M (-12.3%)	1.2%	$642.51	$489.92	+31.1%	COM	74762E102
COST	COSTCO WHOLESALE CORPORATION	204,462 (-4.5%)	$186M (-7.1%)	2.1%	$910.34	$415.31	+119.2%	COM	22160K105
LLY	ELI LILLY & CO	103,935 (-6.2%)	$120M (-9.5%)	1.3%	$1157.08	$629.60	+83.8%	COM	532457108
KMB	KIMBERLY-CLARK CORP	658,565 (-5.9%)	$64.16M (-16.5%)	0.7%	$97.43	$128.23	-24.0%	COM	494368103
CSCO	CISCO SYS INC	833,745 (-3.4%)	$89.74M (-11.5%)	1.0%	$107.63	$45.82	+134.9%	COM	17275R102
NVDA	NVIDIA CORPORATION	3,758,282 (-11.3%)	$858M (+1.3%)	9.6%	$228.38	$110.67	+106.4%	COM	67066G104
AOS	SMITH A O CORP	1,071,287 (-4.6%)	$60.39M (-14.2%)	0.7%	$56.37	$67.05	-15.9%	COM	831865209
MRK	MERCK & CO INC	711,274 (-3.4%)	$103M (+9.2%)	1.2%	$145.31	$74.50	+95.1%	COM	58933Y105
PLD	PROLOGIS INC.	685,281 (-2.1%)	$88.98M (-6.2%)	1.0%	$129.84	$104.74	—	COM	74340W103
GLD	SPDR GOLD TR	22,010 (-43.0%)	$8.382M (-41.0%)	0.1%	$380.84	$264.45	+44.0%	GOLD SHS	78463V107
TXN	TEXAS INSTRS INC	104,372 (-7.3%)	$29.23M (-12.9%)	0.3%	$280.09	$175.96	+59.2%	COM	882508104
SNA	SNAP ON INC	60,555 (-6.7%)	$22M (-15.7%)	0.2%	$363.35	$330.68	+9.9%	COM	833034101
NTAP	NETAPP INC	132,156 (-13.6%)	$27.76M (+17.3%)	0.3%	$210.08	$113.44	+85.2%	COM	64110D104
ECL	ECOLAB INC	334,755 (-2.6%)	$91.92M (-4.0%)	1.0%	$274.58	$262.72	+4.5%	COM	278865100
AMZN	AMAZON COM INC	1,821,819 (-5.0%)	$454M (-0.7%)	5.1%	$249.15	$119.74	+108.1%	COM	023135106
AMT	AMERICAN TOWER CORP	830,901 (-2.2%)	$136M (-2.1%)	1.5%	$163.69	$189.59	—	COM	03027X100
EWU	ISHARES TR	29,395 (-66.2%)	$1.368M (-65.9%)	0.0%	$46.53	$46.07	+1.0%	MSCI UK ETF NEW	46435G334
FTNT	FORTINET INC	29,650 (-41.7%)	$5.3M (-32.2%)	0.1%	$178.76	$77.12	+131.8%	COM	34959E109
META	META PLATFORMS INC	256,582 (-23.2%)	$186M (-1.1%)	2.1%	$725.18	$321.95	+125.2%	CL A	30303M102
PFE	PFIZER INC	780,970 (-7.6%)	$22.27M (+9.4%)	0.2%	$28.52	$25.55	+11.6%	COM	717081103
GOOG	ALPHABET INC	45,542 (-5.8%)	$15.52M (-9.1%)	0.2%	$340.74	$110.55	+208.2%	CAP STK CL C	02079K107
MS	MORGAN STANLEY	27,918 (-9.0%)	$5.251M (-18.1%)	0.1%	$188.08	$130.78	+43.8%	COM NEW	617446448
MRSH	MARSH & MCLENNAN COS INC	152,691 (-5.7%)	$26.07M (-3.4%)	0.3%	$170.73	$215.59	-20.8%	COM	571748102
FRPT	FRESHPET INC	16,000 (-43.9%)	$921K (-45.3%)	0.0%	$57.56	$86.30	-33.3%	COM	358039105
DE	DEERE & CO	127,718 (-6.2%)	$85.77M (-0.7%)	1.0%	$671.55	$269.82	+148.9%	COM	244199105
WMT	WALMART INC	22,498 (-12.5%)	$2.338M (-19.7%)	0.0%	$103.92	$93.62	+11.0%	COM	931142103
CMG	CHIPOTLE MEXICAN GRILL INC	40,000 (-23.1%)	$1.278M (-27.7%)	0.0%	$31.95	$54.79	-41.7%	COM	169656105
VGK	VANGUARD INTL EQUITY INDEX F	52,666 (-7.4%)	$4.571M (-9.2%)	0.1%	$86.80	$79.33	+9.4%	FTSE EUROPE ETF	922042874
VDE	VANGUARD WORLD FD	21,381 (-1.0%)	$3.681M (+13.5%)	0.0%	$172.16	$151.27	+13.8%	ENERGY ETF	92204A306
INTC	INTEL CORP	14,700 (-5.8%)	$1.767M (-18.9%)	0.0%	$120.23	$101.12	+18.9%	COM	458140100
ARMK	ARAMARK	38,000 (-5.0%)	$2.035M (-10.6%)	0.0%	$53.55	$25.52	+109.8%	COM	03852U106
TTEK	TETRA TECH INC NEW	417,446 (-11.7%)	$13.75M (+0.7%)	0.2%	$32.95	$33.32	-1.1%	COM	88162G103
LEMB	ISHARES INC	106,286 (-1.5%)	$4.491M (-1.9%)	0.1%	$42.25	$41.92	+0.8%	JP MORGAN EM ETF	464286517
KIM	KIMCO REALTY CORP	14,750 (-6.1%)	$328K (-17.8%)	0.0%	$22.21	$20.14	—	COM	49446R109
ELF	E L F BEAUTY INC	43,972 (-27.4%)	$4.44M (-0.9%)	0.0%	$100.97	$97.34	+3.7%	COM	26856L103

Unchanged Positions (16)

CME CME GROUP INC 3.9%

Value $346M Shares 1,320,960 Share Price $261.98 Est. Cost/Share $191.10 Unrealized @ Report Date +37.1%

MA MASTERCARD INCORPORATED 4.1%

Value $369M Shares 669,023 Share Price $551.47 Est. Cost/Share $248.45 Unrealized @ Report Date +122.0%

MELI MERCADOLIBRE INC 1.4%

Value $124M Shares 71,758 Share Price $1728.53 Est. Cost/Share $1774.18 Unrealized @ Report Date -2.6%

EVR EVERCORE INC 0.1%

Value $6.438M Shares 25,000 Share Price $257.50 Est. Cost/Share $60.28 Unrealized @ Report Date +327.2%

WY WEYERHAEUSER CO 0.1%

Value $4.708M Shares 247,152 Share Price $19.05 Est. Cost/Share $28.51 Unrealized @ Report Date —

EWJ ISHARES INC 0.1%

Value $9.063M Shares 92,988 Share Price $97.46 Est. Cost/Share $86.85 Unrealized @ Report Date +12.2%

AME AMETEK INC 0.3%

Value $22.9M Shares 92,449 Share Price $247.73 Est. Cost/Share $220.70 Unrealized @ Report Date +12.2%

BRBR BELLRING BRANDS INC 0.0%

Value $438K Shares 57,000 Share Price $7.69 Est. Cost/Share $46.67 Unrealized @ Report Date -83.5%

INVH INVITATION HOMES INC 0.0%

Value $1.361M Shares 51,674 Share Price $26.33 Est. Cost/Share $29.51 Unrealized @ Report Date —

HDB HDFC BANK LTD 0.0%

Value $1.133M Shares 50,732 Share Price $22.34 Est. Cost/Share $32.97 Unrealized @ Report Date -32.2%

DOC HEALTHPEAK PROPERTIES INC 0.0%

Value $1.642M Shares 82,206 Share Price $19.97 Est. Cost/Share $22.91 Unrealized @ Report Date —

CF CF INDUSTRIES HOLD 0.0%

Value $1.843M Shares 16,000 Share Price $115.20 Est. Cost/Share $117.86 Unrealized @ Report Date -2.3%

VT VANGUARD INTL EQUITY INDEX F 0.2%

Value $13.96M Shares 88,469 Share Price $157.85 Est. Cost/Share $139.06 Unrealized @ Report Date +13.5%

VTR VENTAS INC 0.0%

Value $1.711M Shares 20,123 Share Price $85.02 Est. Cost/Share $62.51 Unrealized @ Report Date —

WELL WELLTOWER INC 0.0%

Value $3.144M Shares 13,657 Share Price $230.24 Est. Cost/Share $140.72 Unrealized @ Report Date —

VPL VANGUARD INTL EQUITY INDEX F 0.1%

Value $9.553M Shares 82,485 Share Price $115.81 Est. Cost/Share $104.50 Unrealized @ Report Date +10.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CME	CME GROUP INC	1,320,960	$346M	3.9%	$261.98	$191.10	+37.1%	COM	12572Q105
MA	MASTERCARD INCORPORATED	669,023	$369M	4.1%	$551.47	$248.45	+122.0%	CL A	57636Q104
MELI	MERCADOLIBRE INC	71,758	$124M	1.4%	$1728.53	$1774.18	-2.6%	COM	58733R102
EVR	EVERCORE INC	25,000	$6.438M	0.1%	$257.50	$60.28	+327.2%	CLASS A	29977A105
WY	WEYERHAEUSER CO	247,152	$4.708M	0.1%	$19.05	$28.51	—	COM NEW	962166104
EWJ	ISHARES INC	92,988	$9.063M	0.1%	$97.46	$86.85	+12.2%	MSCI JAPAN ETF	46434G822
AME	AMETEK INC	92,449	$22.9M	0.3%	$247.73	$220.70	+12.2%	COM	031100100
BRBR	BELLRING BRANDS INC	57,000	$438K	0.0%	$7.69	$46.67	-83.5%	COMMON STOCK	07831C103
INVH	INVITATION HOMES INC	51,674	$1.361M	0.0%	$26.33	$29.51	—	COM	46187W107
HDB	HDFC BANK LTD	50,732	$1.133M	0.0%	$22.34	$32.97	-32.2%	SPONSORED ADS	40415F101
DOC	HEALTHPEAK PROPERTIES INC	82,206	$1.642M	0.0%	$19.97	$22.91	—	COM	42250P103
CF	CF INDUSTRIES HOLD	16,000	$1.843M	0.0%	$115.20	$117.86	-2.3%	COM	125269100
VT	VANGUARD INTL EQUITY INDEX F	88,469	$13.96M	0.2%	$157.85	$139.06	+13.5%	TT WRLD ST ETF	922042742
VTR	VENTAS INC	20,123	$1.711M	0.0%	$85.02	$62.51	—	COM	92276F100
WELL	WELLTOWER INC	13,657	$3.144M	0.0%	$230.24	$140.72	—	COM	95040Q104
VPL	VANGUARD INTL EQUITY INDEX F	82,485	$9.553M	0.1%	$115.81	$104.50	+10.8%	FTSE PACIFIC ETF	922042866