Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GFS	GLOBALFOUNDRIES INC	144,942	$11.94M	0.4%	—	—	ORDINARY SHARES	G39387108
ETN	EATON CORP PLC	26,882	$11.45M	0.4%	—	—	SHS	G29183103
TER	TERADYNE INC	21,617	$10.46M	0.4%	—	—	COM	880770102
NTNX	NUTANIX INC	198,071	$10.09M	0.4%	—	—	CL A	67059N108
SANM	SANMINA CORP	38,774	$9.813M	0.3%	—	—	COM	801056102
ON	ON SEMICONDUCTOR CORP	36,800	$3.479M	0.1%	—	—	COM	682189105
KLIP	KRANESHARES TRUST	75,000	$1.705M	0.1%	—	—	KWEB COVERD CALL	500767272
CAT	CATERPILLAR INC	580	$618K	0.0%	—	—	COM	149123101
VRTX	VERTEX PHARMACEUTICALS INC	1,232	$612K	0.0%	—	—	COM	92532F100
INVH	INVITATION HOMES INC	17,458	$527K	0.0%	—	—	COM	46187W107
COHR	COHERENT CORP	1,306	$515K	0.0%	—	—	COM	19247G107
NKE	NIKE INC	12,444	$511K	0.0%	—	—	CL B	654106103
MRK	MERCK & CO INC	3,362	$432K	0.0%	—	—	COM	58933Y105
AU	ANGLOGOLD ASHANTI PLC	4,947	$400K	0.0%	—	—	COM SHS	G0378L100
USB	US BANCORP	6,005	$363K	0.0%	—	—	COM NEW	902973304
IDCC	INTERDIGITAL INC	1,112	$315K	0.0%	—	—	COM	45867G101
GLPI	GAMING & LEISURE P	6,632	$295K	0.0%	—	—	COM	36467J108
LRCX	LAM RESEARCH CORP	668	$289K	0.0%	—	—	COM NEW	512807306
NWSA	NEWS CORP NEW	9,826	$244K	0.0%	—	—	CL A	65249B109
AMAT	APPLIED MATLS INC	336	$243K	0.0%	—	—	COM	038222105
DOCN	DIGITALOCEAN HLDGS INC	1,483	$233K	0.0%	—	—	COM	25402D102
MTRN	MATERION CORP	740	$220K	0.0%	—	—	COM	576690101
ONTO	ONTO INNOVATION INC	558	$211K	0.0%	—	—	COM	683344105
MKSI	MKS INC.	460	$205K	0.0%	—	—	COM	55306N104
CNS	COHEN & STEERS INC	2,661	$203K	0.0%	—	—	COM	19247A100
XERS	XERIS BIOPHARMA HOLDINGS INC	10,672	$84,522	0.0%	—	—	COM	98422E103
CCC	CCC INTELLIGENT SOLUTIONS HL	10,087	$52,049	0.0%	—	—	COM	12510Q100
LFMD	LIFEMD INC	10,374	$42,845	0.0%	—	—	COM	53216B104

Increased Positions (104)

NVDA NVIDIA CORPORATION 1.5%

Value $43.17M (+190.2%) Shares 215,758 (+156.6%) Est. Cost — Unrealized —

TME TENCENT MUSIC ENTMT GROUP 6.7%

Value $188M (+16.5%) Shares 22,543,908 (+26.1%) Est. Cost — Unrealized —

ALAB ASTERA LABS INC 0.9%

Value $25.68M (+1074.4%) Shares 53,168 (+187.7%) Est. Cost — Unrealized —

AMD ADVANCED MICRO DEVICES INC 1.0%

Value $27.78M (+505.5%) Shares 47,825 (+128.6%) Est. Cost — Unrealized —

GOOGL ALPHABET INC 1.0%

Value $27.9M (+356.5%) Shares 78,073 (+282.0%) Est. Cost — Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 3.6%

Value $101M (+26.9%) Shares 135,100 (+11.7%) Est. Cost — Unrealized —

TSLA TESLA INC 1.1%

Value $32.16M (+181.3%) Shares 76,460 (+133.0%) Est. Cost — Unrealized —

META META PLATFORMS INC 0.9%

Value $25.63M (+298.6%) Shares 45,508 (+308.0%) Est. Cost — Unrealized —

MSFT MICROSOFT CORP 1.0%

Value $27.61M (+204.1%) Shares 74,010 (+203.2%) Est. Cost — Unrealized —

AMZN AMAZON COM INC 0.9%

Value $25.16M (+263.1%) Shares 105,551 (+222.5%) Est. Cost — Unrealized —

AAPL APPLE INC 0.9%

Value $24.25M (+293.0%) Shares 83,806 (+251.3%) Est. Cost — Unrealized —

SNOW SNOWFLAKE INC 0.7%

Value $19.85M (+727.6%) Shares 78,007 (+383.9%) Est. Cost — Unrealized —

AVGO BROADCOM INC 0.8%

Value $21.91M (+232.8%) Shares 58,002 (+175.1%) Est. Cost — Unrealized —

TXN TEXAS INSTRS INC 0.7%

Value $18.81M (+403.4%) Shares 63,100 (+233.7%) Est. Cost — Unrealized —

ARM ARM HOLDINGS PLC 0.6%

Value $17.1M (+562.1%) Shares 48,236 (+176.4%) Est. Cost — Unrealized —

MU MICRON TECHNOLOGY INC 0.6%

Value $16.7M (+662.3%) Shares 14,468 (+151.0%) Est. Cost — Unrealized —

NBIS NEBIUS GROUP N.V. 0.6%

Value $18M (+402.2%) Shares 65,175 (+104.1%) Est. Cost — Unrealized —

DDOG DATADOG INC 0.6%

Value $16.23M (+506.4%) Shares 62,319 (+172.1%) Est. Cost — Unrealized —

KWEB KRANESHARES TRUST 3.7%

Value $104M (-10.9%) Shares 4,548,900 (+9.3%) Est. Cost — Unrealized —

PANW PALO ALTO NETWORKS INC 0.6%

Value $15.53M (+411.1%) Shares 45,554 (+143.0%) Est. Cost — Unrealized —

SNDK SANDISK CORP 0.4%

Value $12.55M (+5642.4%) Shares 5,518 (+1739.3%) Est. Cost — Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.5%

Value $13.91M (+262.3%) Shares 119,238 (+358.1%) Est. Cost — Unrealized —

FLEX FLEX LTD 0.5%

Value $13.06M (+321.9%) Shares 80,555 (+75.8%) Est. Cost — Unrealized —

HUT HUT 8 CORP 0.4%

Value $11.95M (+476.6%) Shares 103,489 (+145.2%) Est. Cost — Unrealized —

RIOT RIOT PLATFORMS INC 0.4%

Value $11.99M (+449.6%) Shares 437,926 (+169.8%) Est. Cost — Unrealized —

ANET ARISTA NETWORKS INC 0.5%

Value $13.69M (+232.3%) Shares 80,578 (+146.7%) Est. Cost — Unrealized —

CDNS CADENCE DESIGN SYSTEM INC 0.4%

Value $11.15M (+513.9%) Shares 29,716 (+354.7%) Est. Cost — Unrealized —

NOW SERVICENOW INC 0.5%

Value $13.52M (+206.6%) Shares 136,186 (+216.3%) Est. Cost — Unrealized —

APLD APPLIED DIGITAL CORP 0.4%

Value $10.1M (+493.2%) Shares 270,730 (+297.7%) Est. Cost — Unrealized —

TEL TE CONNECTIVITY PLC 0.5%

Value $12.78M (+182.0%) Shares 63,377 (+192.2%) Est. Cost — Unrealized —

WULF TERAWULF INC 0.4%

Value $10.78M (+316.3%) Shares 436,619 (+159.8%) Est. Cost — Unrealized —

ORCL ORACLE CORP 0.4%

Value $11.65M (+229.6%) Shares 79,506 (+225.1%) Est. Cost — Unrealized —

NET CLOUDFLARE INC 0.4%

Value $11.24M (+229.7%) Shares 45,814 (+181.9%) Est. Cost — Unrealized —

RBLX ROBLOX CORP 0.3%

Value $9.568M (+362.6%) Shares 175,950 (+386.6%) Est. Cost — Unrealized —

NEE NEXTERA ENERGY INC 0.4%

Value $10.13M (+229.8%) Shares 115,384 (+248.4%) Est. Cost — Unrealized —

CRWV COREWEAVE INC 0.3%

Value $9.073M (+251.4%) Shares 91,146 (+186.1%) Est. Cost — Unrealized —

TEM TEMPUS AI INC 0.3%

Value $8.335M (+343.4%) Shares 143,881 (+267.9%) Est. Cost — Unrealized —

NFLX NETFLIX INC. 0.3%

Value $9.083M (+144.1%) Shares 127,211 (+238.2%) Est. Cost — Unrealized —

MBLY MOBILEYE GLOBAL INC 0.3%

Value $8.797M (+151.7%) Shares 908,832 (+92.9%) Est. Cost — Unrealized —

ZS ZSCALER INC 0.2%

Value $6.325M (+422.9%) Shares 44,808 (+415.1%) Est. Cost — Unrealized —

RRX REGAL REXNORD CORPORATION 0.3%

Value $8.032M (+168.9%) Shares 33,722 (+108.3%) Est. Cost — Unrealized —

NOVT NOVANTA INC 0.3%

Value $7.882M (+166.5%) Shares 48,585 (+91.7%) Est. Cost — Unrealized —

APTV APTIV PLC 0.3%

Value $7.492M (+188.3%) Shares 122,067 (+182.0%) Est. Cost — Unrealized —

VRT VERTIV HOLDINGS CO 0.3%

Value $7.975M (+158.2%) Shares 23,818 (+100.8%) Est. Cost — Unrealized —

CRM SALESFORCE INC 0.3%

Value $7.736M (+169.2%) Shares 49,379 (+218.9%) Est. Cost — Unrealized —

MOG/A MOOG INC 0.3%

Value $7.874M (+155.8%) Shares 18,577 (+78.2%) Est. Cost — Unrealized —

TDY TELEDYNE TECHNOLOGIES INC 0.3%

Value $7.799M (+151.7%) Shares 11,694 (+136.7%) Est. Cost — Unrealized —

TWLO TWILIO INC 0.3%

Value $7.31M (+166.8%) Shares 35,431 (+73.0%) Est. Cost — Unrealized —

APH AMPHENOL CORP 0.3%

Value $8.123M (+122.1%) Shares 46,067 (+59.5%) Est. Cost — Unrealized —

RBC RBC BEARINGS INC 0.3%

Value $7.435M (+147.4%) Shares 11,544 (+109.7%) Est. Cost — Unrealized —

IOT SAMSARA INC 0.2%

Value $6.724M (+179.5%) Shares 207,328 (+173.0%) Est. Cost — Unrealized —

JBL JABIL INC 0.3%

Value $7.535M (+131.2%) Shares 19,548 (+59.8%) Est. Cost — Unrealized —

ST SENSATA TECHNOLOGIES HLDG PL 0.3%

Value $7.195M (+140.2%) Shares 150,702 (+74.4%) Est. Cost — Unrealized —

CIEN CIENA CORP 0.3%

Value $7.496M (+127.2%) Shares 15,281 (+102.0%) Est. Cost — Unrealized —

MP MP MATERIALS CORP 0.3%

Value $8.906M (+88.7%) Shares 158,999 (+70.1%) Est. Cost — Unrealized —

ADI ANALOG DEVICES INC 0.3%

Value $7.114M (+129.1%) Shares 17,911 (+87.0%) Est. Cost — Unrealized —

NXPI NXP SEMICONDUCTORS N V 0.2%

Value $6.873M (+126.6%) Shares 24,458 (+58.6%) Est. Cost — Unrealized —

FTNT FORTINET INC 0.2%

Value $4.699M (+136.5%) Shares 30,590 (+27.5%) Est. Cost — Unrealized —

CRCL CIRCLE INTERNET GROUP INC 0.2%

Value $4.931M (+119.4%) Shares 78,731 (+221.3%) Est. Cost — Unrealized —

CRWD CROWDSTRIKE HLDGS INC 0.1%

Value $4.145M (+140.5%) Shares 5,431 (+25.4%) Est. Cost — Unrealized —

RIVN RIVIAN AUTOMOTIVE INC 0.1%

Value $3.163M (+66.9%) Shares 182,296 (+46.8%) Est. Cost — Unrealized —

SMCI SUPER MICRO COMPUTER INC 0.1%

Value $2.024M (+137.9%) Shares 69,000 (+81.6%) Est. Cost — Unrealized —

DASH DOORDASH INC 0.1%

Value $2.113M (+75.2%) Shares 11,451 (+47.7%) Est. Cost — Unrealized —

AUR AURORA INNOVATION INC 0.1%

Value $2.263M (+65.9%) Shares 331,797 (+1.7%) Est. Cost — Unrealized —

AZO AUTOZONE INC 0.1%

Value $2.237M (+31.2%) Shares 700 (+40.0%) Est. Cost — Unrealized —

ORLY OREILLY AUTOMOTIVE INC 0.1%

Value $2.275M (+28.9%) Shares 24,702 (+28.6%) Est. Cost — Unrealized —

WDAY WORKDAY INC 0.1%

Value $1.619M (+45.1%) Shares 13,225 (+53.3%) Est. Cost — Unrealized —

UBER UBER TECHNOLOGIES INC 0.1%

Value $1.992M (+29.1%) Shares 27,600 (+29.0%) Est. Cost — Unrealized —

CAG CONAGRA BRANDS INC 0.0%

Value $605K (+223.4%) Shares 44,954 (+280.0%) Est. Cost — Unrealized —

AMBA AMBARELLA INC 0.0%

Value $843K (+92.6%) Shares 9,823 (+13.9%) Est. Cost — Unrealized —

FSLR FIRST SOLAR INC 0.1%

Value $1.982M (+24.1%) Shares 8,400 (+2.4%) Est. Cost — Unrealized —

WEN WENDYS CO 0.0%

Value $725K (+59.2%) Shares 87,409 (+37.2%) Est. Cost — Unrealized —

NU NU HLDGS LTD 0.0%

Value $587K (+79.1%) Shares 43,927 (+90.9%) Est. Cost — Unrealized —

BAP CREDICORP LTD 0.0%

Value $536K (+67.6%) Shares 1,376 (+45.6%) Est. Cost — Unrealized —

ADBE ADOBE INC 0.1%

Value $1.65M (+9.9%) Shares 8,050 (+30.9%) Est. Cost — Unrealized —

PLUG PLUG PWR INC 0.0%

Value $885K (+19.6%) Shares 326,741 (+16.8%) Est. Cost — Unrealized —

TTD THE TRADE DESK INC 0.0%

Value $1.036M (+16.2%) Shares 57,300 (+42.9%) Est. Cost — Unrealized —

MELI MERCADOLIBRE INC 0.0%

Value $1.39M (+9.9%) Shares 819 (+11.0%) Est. Cost — Unrealized —

FAST FASTENAL CO 0.0%

Value $504K (+31.0%) Shares 10,490 (+25.3%) Est. Cost — Unrealized —

REG REGENCY CTRS CORP 0.0%

Value $437K (+36.0%) Shares 5,480 (+30.9%) Est. Cost — Unrealized —

JKS JINKOSOLAR HLDG CO LTD 0.0%

Value $352K (-24.2%) Shares 20,938 (+7.7%) Est. Cost — Unrealized —

FLO FLOWERS FOODS INC 0.0%

Value $611K (+19.9%) Shares 77,350 (+25.6%) Est. Cost — Unrealized —

WU WESTERN UN CO 0.0%

Value $603K (+19.7%) Shares 78,334 (+36.4%) Est. Cost — Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.0%

Value $1.152M (-7.2%) Shares 27,000 (+35.7%) Est. Cost — Unrealized —

UPS UNITED PARCEL SVCS INC 0.0%

Value $621K (+16.6%) Shares 5,774 (+5.2%) Est. Cost — Unrealized —

TUYA TUYA INC 0.0%

Value $327K (-20.7%) Shares 185,757 (+5.4%) Est. Cost — Unrealized —

KMI KINDER MORGAN INC DEL 0.0%

Value $547K (+18.2%) Shares 17,108 (+21.9%) Est. Cost — Unrealized —

PFE PFIZER INC 0.0%

Value $494K (-13.0%) Shares 20,501 (+1.3%) Est. Cost — Unrealized —

TPR TAPESTRY INC 0.0%

Value $618K (+12.6%) Shares 4,219 (+9.2%) Est. Cost — Unrealized —

PAYX PAYCHEX INC 0.0%

Value $594K (+13.1%) Shares 6,038 (+5.4%) Est. Cost — Unrealized —

HSAI HESAI GROUP 0.0%

Value $521K (+14.6%) Shares 28,613 (+29.5%) Est. Cost — Unrealized —

VNET VNET GROUP INC 0.0%

Value $809K (+8.3%) Shares 100,646 (+9.6%) Est. Cost — Unrealized —

ADP AUTOMATIC DATA PROCESSING IN 0.0%

Value $621K (+11.0%) Shares 2,775 (+1.1%) Est. Cost — Unrealized —

MAIN MAIN STR CAP CORP 0.0%

Value $569K (+11.7%) Shares 10,971 (+15.7%) Est. Cost — Unrealized —

LFST LIFESTANCE HEALTH GROUP INC 0.0%

Value $128K (+86.2%) Shares 11,972 (+10.7%) Est. Cost — Unrealized —

SNA SNAP ON INC 0.0%

Value $413K (+16.4%) Shares 1,027 (+5.5%) Est. Cost — Unrealized —

ASAN ASANA INC 0.0%

Value $129K (+64.0%) Shares 18,472 (+47.2%) Est. Cost — Unrealized —

BMY BRISTOL-MYERS SQUIBB CO 0.0%

Value $609K (+8.3%) Shares 10,571 (+10.9%) Est. Cost — Unrealized —

WRD WERIDE INC 0.0%

Value $295K (-13.1%) Shares 50,760 (+14.3%) Est. Cost — Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.0%

Value $552K (+6.5%) Shares 13,045 (+23.5%) Est. Cost — Unrealized —

PONY PONY AI INC 0.0%

Value $305K (-9.6%) Shares 43,827 (+16.7%) Est. Cost — Unrealized —

LCID LUCID GROUP INC 0.0%

Value $201K (-13.6%) Shares 30,081 (+18.0%) Est. Cost — Unrealized —

SLDP SOLID POWER INC 0.0%

Value $112K (+22.8%) Shares 43,183 (+38.7%) Est. Cost — Unrealized —

PTON PELOTON INTERACTIVE INC 0.0%

Value $79,194 (+31.2%) Shares 13,400 (+6.1%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	215,758 (+156.6%)	$43.17M (+190.2%)	1.5%	—	—	COM	67066G104
TME	TENCENT MUSIC ENTMT GROUP	22,543,908 (+26.1%)	$188M (+16.5%)	6.7%	—	—	SPON ADS	88034P109
ALAB	ASTERA LABS INC	53,168 (+187.7%)	$25.68M (+1074.4%)	0.9%	—	—	COM	04626A103
AMD	ADVANCED MICRO DEVICES INC	47,825 (+128.6%)	$27.78M (+505.5%)	1.0%	—	—	COM	007903107
GOOGL	ALPHABET INC	78,073 (+282.0%)	$27.9M (+356.5%)	1.0%	—	—	CAP STK CL A	02079K305
SPY	STATE STR SPDR S&P 500 ETF T	135,100 (+11.7%)	$101M (+26.9%)	3.6%	—	—	TR UNIT	78462F103
TSLA	TESLA INC	76,460 (+133.0%)	$32.16M (+181.3%)	1.1%	—	—	COM	88160R101
META	META PLATFORMS INC	45,508 (+308.0%)	$25.63M (+298.6%)	0.9%	—	—	CL A	30303M102
MSFT	MICROSOFT CORP	74,010 (+203.2%)	$27.61M (+204.1%)	1.0%	—	—	COM	594918104
AMZN	AMAZON COM INC	105,551 (+222.5%)	$25.16M (+263.1%)	0.9%	—	—	COM	023135106
AAPL	APPLE INC	83,806 (+251.3%)	$24.25M (+293.0%)	0.9%	—	—	COM	037833100
SNOW	SNOWFLAKE INC	78,007 (+383.9%)	$19.85M (+727.6%)	0.7%	—	—	COM SHS	833445109
AVGO	BROADCOM INC	58,002 (+175.1%)	$21.91M (+232.8%)	0.8%	—	—	COM	11135F101
TXN	TEXAS INSTRS INC	63,100 (+233.7%)	$18.81M (+403.4%)	0.7%	—	—	COM	882508104
ARM	ARM HOLDINGS PLC	48,236 (+176.4%)	$17.1M (+562.1%)	0.6%	—	—	SPONSORED ADS	042068205
MU	MICRON TECHNOLOGY INC	14,468 (+151.0%)	$16.7M (+662.3%)	0.6%	—	—	COM	595112103
NBIS	NEBIUS GROUP N.V.	65,175 (+104.1%)	$18M (+402.2%)	0.6%	—	—	SHS CLASS A	N97284108
DDOG	DATADOG INC	62,319 (+172.1%)	$16.23M (+506.4%)	0.6%	—	—	CL A COM	23804L103
KWEB	KRANESHARES TRUST	4,548,900 (+9.3%)	$104M (-10.9%)	3.7%	—	—	CSI CHI INTERNET	500767306
PANW	PALO ALTO NETWORKS INC	45,554 (+143.0%)	$15.53M (+411.1%)	0.6%	—	—	COM	697435105
SNDK	SANDISK CORP	5,518 (+1739.3%)	$12.55M (+5642.4%)	0.4%	—	—	COM	80004C200
PLTR	PALANTIR TECHNOLOGIES INC	119,238 (+358.1%)	$13.91M (+262.3%)	0.5%	—	—	CL A	69608A108
FLEX	FLEX LTD	80,555 (+75.8%)	$13.06M (+321.9%)	0.5%	—	—	ORD	Y2573F102
HUT	HUT 8 CORP	103,489 (+145.2%)	$11.95M (+476.6%)	0.4%	—	—	COM	44812J104
RIOT	RIOT PLATFORMS INC	437,926 (+169.8%)	$11.99M (+449.6%)	0.4%	—	—	COM	767292105
ANET	ARISTA NETWORKS INC	80,578 (+146.7%)	$13.69M (+232.3%)	0.5%	—	—	COM SHS	040413205
CDNS	CADENCE DESIGN SYSTEM INC	29,716 (+354.7%)	$11.15M (+513.9%)	0.4%	—	—	COM	127387108
NOW	SERVICENOW INC	136,186 (+216.3%)	$13.52M (+206.6%)	0.5%	—	—	COM	81762P102
APLD	APPLIED DIGITAL CORP	270,730 (+297.7%)	$10.1M (+493.2%)	0.4%	—	—	COM NEW	038169207
TEL	TE CONNECTIVITY PLC	63,377 (+192.2%)	$12.78M (+182.0%)	0.5%	—	—	ORD SHS	G87052109
WULF	TERAWULF INC	436,619 (+159.8%)	$10.78M (+316.3%)	0.4%	—	—	COM	88080T104
ORCL	ORACLE CORP	79,506 (+225.1%)	$11.65M (+229.6%)	0.4%	—	—	COM	68389X105
NET	CLOUDFLARE INC	45,814 (+181.9%)	$11.24M (+229.7%)	0.4%	—	—	CL A COM	18915M107
RBLX	ROBLOX CORP	175,950 (+386.6%)	$9.568M (+362.6%)	0.3%	—	—	CL A	771049103
NEE	NEXTERA ENERGY INC	115,384 (+248.4%)	$10.13M (+229.8%)	0.4%	—	—	COM	65339F101
CRWV	COREWEAVE INC	91,146 (+186.1%)	$9.073M (+251.4%)	0.3%	—	—	COM CL A	21873S108
TEM	TEMPUS AI INC	143,881 (+267.9%)	$8.335M (+343.4%)	0.3%	—	—	CL A	88023B103
NFLX	NETFLIX INC.	127,211 (+238.2%)	$9.083M (+144.1%)	0.3%	—	—	COM	64110L106
MBLY	MOBILEYE GLOBAL INC	908,832 (+92.9%)	$8.797M (+151.7%)	0.3%	—	—	COMMON CLASS A	60741F104
ZS	ZSCALER INC	44,808 (+415.1%)	$6.325M (+422.9%)	0.2%	—	—	COM	98980G102
RRX	REGAL REXNORD CORPORATION	33,722 (+108.3%)	$8.032M (+168.9%)	0.3%	—	—	COM	758750103
NOVT	NOVANTA INC	48,585 (+91.7%)	$7.882M (+166.5%)	0.3%	—	—	COM	67000B104
APTV	APTIV PLC	122,067 (+182.0%)	$7.492M (+188.3%)	0.3%	—	—	COM SHS	G3265R107
VRT	VERTIV HOLDINGS CO	23,818 (+100.8%)	$7.975M (+158.2%)	0.3%	—	—	COM CL A	92537N108
CRM	SALESFORCE INC	49,379 (+218.9%)	$7.736M (+169.2%)	0.3%	—	—	COM	79466L302
MOG/A	MOOG INC	18,577 (+78.2%)	$7.874M (+155.8%)	0.3%	—	—	CL A	615394202
TDY	TELEDYNE TECHNOLOGIES INC	11,694 (+136.7%)	$7.799M (+151.7%)	0.3%	—	—	COM	879360105
TWLO	TWILIO INC	35,431 (+73.0%)	$7.31M (+166.8%)	0.3%	—	—	CL A	90138F102
APH	AMPHENOL CORP	46,067 (+59.5%)	$8.123M (+122.1%)	0.3%	—	—	CL A	032095101
RBC	RBC BEARINGS INC	11,544 (+109.7%)	$7.435M (+147.4%)	0.3%	—	—	COM	75524B104
IOT	SAMSARA INC	207,328 (+173.0%)	$6.724M (+179.5%)	0.2%	—	—	COM CL A	79589L106
JBL	JABIL INC	19,548 (+59.8%)	$7.535M (+131.2%)	0.3%	—	—	COM	466313103
ST	SENSATA TECHNOLOGIES HLDG PL	150,702 (+74.4%)	$7.195M (+140.2%)	0.3%	—	—	SHS	G8060N102
CIEN	CIENA CORP	15,281 (+102.0%)	$7.496M (+127.2%)	0.3%	—	—	COM NEW	171779309
MP	MP MATERIALS CORP	158,999 (+70.1%)	$8.906M (+88.7%)	0.3%	—	—	COM CL A	553368101
ADI	ANALOG DEVICES INC	17,911 (+87.0%)	$7.114M (+129.1%)	0.3%	—	—	COM	032654105
NXPI	NXP SEMICONDUCTORS N V	24,458 (+58.6%)	$6.873M (+126.6%)	0.2%	—	—	COM	N6596X109
FTNT	FORTINET INC	30,590 (+27.5%)	$4.699M (+136.5%)	0.2%	—	—	COM	34959E109
CRCL	CIRCLE INTERNET GROUP INC	78,731 (+221.3%)	$4.931M (+119.4%)	0.2%	—	—	COM CL A	172573107
CRWD	CROWDSTRIKE HLDGS INC	5,431 (+25.4%)	$4.145M (+140.5%)	0.1%	—	—	CL A	22788C105
RIVN	RIVIAN AUTOMOTIVE INC	182,296 (+46.8%)	$3.163M (+66.9%)	0.1%	—	—	COM CL A	76954A103
SMCI	SUPER MICRO COMPUTER INC	69,000 (+81.6%)	$2.024M (+137.9%)	0.1%	—	—	COM NEW	86800U302
DASH	DOORDASH INC	11,451 (+47.7%)	$2.113M (+75.2%)	0.1%	—	—	CL A	25809K105
AUR	AURORA INNOVATION INC	331,797 (+1.7%)	$2.263M (+65.9%)	0.1%	—	—	CLASS A COM	051774107
AZO	AUTOZONE INC	700 (+40.0%)	$2.237M (+31.2%)	0.1%	—	—	COM	053332102
ORLY	OREILLY AUTOMOTIVE INC	24,702 (+28.6%)	$2.275M (+28.9%)	0.1%	—	—	COM	67103H107
WDAY	WORKDAY INC	13,225 (+53.3%)	$1.619M (+45.1%)	0.1%	—	—	CL A	98138H101
UBER	UBER TECHNOLOGIES INC	27,600 (+29.0%)	$1.992M (+29.1%)	0.1%	—	—	COM	90353T100
CAG	CONAGRA BRANDS INC	44,954 (+280.0%)	$605K (+223.4%)	0.0%	—	—	COM	205887102
AMBA	AMBARELLA INC	9,823 (+13.9%)	$843K (+92.6%)	0.0%	—	—	SHS	G037AX101
FSLR	FIRST SOLAR INC	8,400 (+2.4%)	$1.982M (+24.1%)	0.1%	—	—	COM	336433107
WEN	WENDYS CO	87,409 (+37.2%)	$725K (+59.2%)	0.0%	—	—	COM	95058W100
NU	NU HLDGS LTD	43,927 (+90.9%)	$587K (+79.1%)	0.0%	—	—	ORD SHS CL A	G6683N103
BAP	CREDICORP LTD	1,376 (+45.6%)	$536K (+67.6%)	0.0%	—	—	COM	G2519Y108
ADBE	ADOBE INC	8,050 (+30.9%)	$1.65M (+9.9%)	0.1%	—	—	COM	00724F101
PLUG	PLUG PWR INC	326,741 (+16.8%)	$885K (+19.6%)	0.0%	—	—	COM NEW	72919P202
TTD	THE TRADE DESK INC	57,300 (+42.9%)	$1.036M (+16.2%)	0.0%	—	—	COM CL A	88339J105
MELI	MERCADOLIBRE INC	819 (+11.0%)	$1.39M (+9.9%)	0.0%	—	—	COM	58733R102
FAST	FASTENAL CO	10,490 (+25.3%)	$504K (+31.0%)	0.0%	—	—	COM	311900104
REG	REGENCY CTRS CORP	5,480 (+30.9%)	$437K (+36.0%)	0.0%	—	—	COM	758849103
JKS	JINKOSOLAR HLDG CO LTD	20,938 (+7.7%)	$352K (-24.2%)	0.0%	—	—	SPONSORED ADR	47759T100
FLO	FLOWERS FOODS INC	77,350 (+25.6%)	$611K (+19.9%)	0.0%	—	—	COM	343498101
WU	WESTERN UN CO	78,334 (+36.4%)	$603K (+19.7%)	0.0%	—	—	COM	959802109
BSX	BOSTON SCIENTIFIC CORP	27,000 (+35.7%)	$1.152M (-7.2%)	0.0%	—	—	COM	101137107
UPS	UNITED PARCEL SVCS INC	5,774 (+5.2%)	$621K (+16.6%)	0.0%	—	—	CL B	911312106
TUYA	TUYA INC	185,757 (+5.4%)	$327K (-20.7%)	0.0%	—	—	SPONSERED ADS	90114C107
KMI	KINDER MORGAN INC DEL	17,108 (+21.9%)	$547K (+18.2%)	0.0%	—	—	COM	49456B101
PFE	PFIZER INC	20,501 (+1.3%)	$494K (-13.0%)	0.0%	—	—	COM	717081103
TPR	TAPESTRY INC	4,219 (+9.2%)	$618K (+12.6%)	0.0%	—	—	COM	876030107
PAYX	PAYCHEX INC	6,038 (+5.4%)	$594K (+13.1%)	0.0%	—	—	COM	704326107
HSAI	HESAI GROUP	28,613 (+29.5%)	$521K (+14.6%)	0.0%	—	—	SPONSORED ADS	428050108
VNET	VNET GROUP INC	100,646 (+9.6%)	$809K (+8.3%)	0.0%	—	—	SPONSORED ADS A	90138A103
ADP	AUTOMATIC DATA PROCESSING IN	2,775 (+1.1%)	$621K (+11.0%)	0.0%	—	—	COM	053015103
MAIN	MAIN STR CAP CORP	10,971 (+15.7%)	$569K (+11.7%)	0.0%	—	—	COM	56035L104
LFST	LIFESTANCE HEALTH GROUP INC	11,972 (+10.7%)	$128K (+86.2%)	0.0%	—	—	COM	53228F101
SNA	SNAP ON INC	1,027 (+5.5%)	$413K (+16.4%)	0.0%	—	—	COM	833034101
ASAN	ASANA INC	18,472 (+47.2%)	$129K (+64.0%)	0.0%	—	—	CL A	04342Y104
BMY	BRISTOL-MYERS SQUIBB CO	10,571 (+10.9%)	$609K (+8.3%)	0.0%	—	—	COM	110122108
WRD	WERIDE INC	50,760 (+14.3%)	$295K (-13.1%)	0.0%	—	—	SPONSORED ADS	950915108
VZ	VERIZON COMMUNICATIONS INC	13,045 (+23.5%)	$552K (+6.5%)	0.0%	—	—	COM	92343V104
PONY	PONY AI INC	43,827 (+16.7%)	$305K (-9.6%)	0.0%	—	—	SPONSORED ADS	732908108
LCID	LUCID GROUP INC	30,081 (+18.0%)	$201K (-13.6%)	0.0%	—	—	COM NEW	549498202
SLDP	SOLID POWER INC	43,183 (+38.7%)	$112K (+22.8%)	0.0%	—	—	CLASS A COM	83422N105
PTON	PELOTON INTERACTIVE INC	13,400 (+6.1%)	$79,194 (+31.2%)	0.0%	—	—	CL A COM	70614W100

Exited Positions (16)

CEG CONSTELLATION ENERGY CORP 0.1%

Value $2.584M Shares 9,376 Est. Cost — Unrealized —

PSTG EVERPURE INC 0.1%

Value $1.865M Shares 30,225 Est. Cost — Unrealized —

DUOL DUOLINGO INC 0.1%

Value $1.539M Shares 15,427 Est. Cost — Unrealized —

RDDT REDDIT INC 0.1%

Value $1.525M Shares 10,909 Est. Cost — Unrealized —

MDB MONGODB INC 0.1%

Value $1.474M Shares 5,807 Est. Cost — Unrealized —

U UNITY SOFTWARE INC 0.0%

Value $1.402M Shares 62,988 Est. Cost — Unrealized —

TEAM ATLASSIAN CORPORATION 0.0%

Value $938K Shares 13,771 Est. Cost — Unrealized —

FISV FISERV INC 0.0%

Value $874K Shares 15,500 Est. Cost — Unrealized —

BBY BEST BUY INC 0.0%

Value $508K Shares 7,901 Est. Cost — Unrealized —

CALM CAL MAINE FOODS INC 0.0%

Value $485K Shares 6,102 Est. Cost — Unrealized —

DLO DLOCAL LTD 0.0%

Value $402K Shares 31,909 Est. Cost — Unrealized —

UNP UNION PAC CORP 0.0%

Value $376K Shares 1,531 Est. Cost — Unrealized —

STZ CONSTELLATION BRANDS INC 0.0%

Value $286K Shares 1,858 Est. Cost — Unrealized —

AEP AMERICAN ELEC PWR CO INC 0.0%

Value $271K Shares 2,043 Est. Cost — Unrealized —

HST HOST HOTELS & RESORTS INC 0.0%

Value $192K Shares 10,066 Est. Cost — Unrealized —

MVST MICROVAST HOLDINGS INC 0.0%

Value $61,417 Shares 39,119 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CEG	CONSTELLATION ENERGY CORP	9,376	$2.584M	0.1%	—	—	—	21037T109
PSTG	EVERPURE INC	30,225	$1.865M	0.1%	—	—	—	74624M102
DUOL	DUOLINGO INC	15,427	$1.539M	0.1%	—	—	—	26603R106
RDDT	REDDIT INC	10,909	$1.525M	0.1%	—	—	—	75734B100
MDB	MONGODB INC	5,807	$1.474M	0.1%	—	—	—	60937P106
U	UNITY SOFTWARE INC	62,988	$1.402M	0.0%	—	—	—	91332U101
TEAM	ATLASSIAN CORPORATION	13,771	$938K	0.0%	—	—	—	049468101
FISV	FISERV INC	15,500	$874K	0.0%	—	—	—	337738108
BBY	BEST BUY INC	7,901	$508K	0.0%	—	—	—	086516101
CALM	CAL MAINE FOODS INC	6,102	$485K	0.0%	—	—	—	128030202
DLO	DLOCAL LTD	31,909	$402K	0.0%	—	—	—	G29018101
UNP	UNION PAC CORP	1,531	$376K	0.0%	—	—	—	907818108
STZ	CONSTELLATION BRANDS INC	1,858	$286K	0.0%	—	—	—	21036P108
AEP	AMERICAN ELEC PWR CO INC	2,043	$271K	0.0%	—	—	—	025537101
HST	HOST HOTELS & RESORTS INC	10,066	$192K	0.0%	—	—	—	44107P104
MVST	MICROVAST HOLDINGS INC	39,119	$61,417	0.0%	—	—	—	59516C106

Decreased Positions (43)

TAL TAL ED GROUP 5.9%

Value $166M (-22.6%) Shares 17,323,005 (-8.7%) Est. Cost — Unrealized —

VIPS VIPSHOP HLDGS LTD 4.9%

Value $137M (-19.8%) Shares 10,317,325 (-9.7%) Est. Cost — Unrealized —

BZ KANZHUN LIMITED 6.3%

Value $178M (-7.8%) Shares 13,815,013 (-2.9%) Est. Cost — Unrealized —

QFIN QFIN HOLDINGS INC 1.9%

Value $54.19M (-18.4%) Shares 3,427,863 (-32.4%) Est. Cost — Unrealized —

WB WEIBO CORP 0.9%

Value $25.57M (-23.9%) Shares 3,522,391 (-7.8%) Est. Cost — Unrealized —

CRDO CREDO TECHNOLOGY GROUP HOLDI 0.3%

Value $7.131M (+122.3%) Shares 26,220 (-15.6%) Est. Cost — Unrealized —

KCSH KRANESHARES TRUST 6.0%

Value $168M (-1.8%) Shares 6,721,400 (-1.8%) Est. Cost — Unrealized —

JOYY JOYY INC 2.5%

Value $71.34M (+2.7%) Shares 1,081,062 (-8.1%) Est. Cost — Unrealized —

SNPS SYNOPSYS INC 0.1%

Value $1.973M (-48.3%) Shares 4,424 (-54.1%) Est. Cost — Unrealized —

ALB ALBEMARLE CORP 0.1%

Value $1.844M (-41.8%) Shares 13,655 (-26.3%) Est. Cost — Unrealized —

ADSK AUTODESK INC 0.0%

Value $238K (-83.4%) Shares 1,226 (-79.7%) Est. Cost — Unrealized —

ATHM AUTOHOME INC 1.7%

Value $47.14M (-2.0%) Shares 2,477,283 (-10.4%) Est. Cost — Unrealized —

LULU LULULEMON ATHLETICA INC 0.0%

Value $1.176M (-37.9%) Shares 10,300 (-15.6%) Est. Cost — Unrealized —

ISRG INTUITIVE SURGICAL INC 0.1%

Value $1.728M (-19.3%) Shares 4,344 (-8.4%) Est. Cost — Unrealized —

CPNG COUPANG INC 0.0%

Value $1.039M (-20.2%) Shares 59,828 (-9.9%) Est. Cost — Unrealized —

UPBD UPBOUND GROUP INC 0.0%

Value $339K (-34.5%) Shares 15,987 (-44.4%) Est. Cost — Unrealized —

SE SEA LTD 0.1%

Value $1.506M (-9.7%) Shares 15,713 (-21.5%) Est. Cost — Unrealized —

CVX CHEVRON CORPORATION 0.0%

Value $263K (-35.8%) Shares 1,589 (-23.0%) Est. Cost — Unrealized —

UNH UNITEDHEALTH GROUP INC 0.0%

Value $459K (+44.7%) Shares 1,105 (-1.7%) Est. Cost — Unrealized —

GOOG ALPHABET INC 0.0%

Value $1.129M (+13.4%) Shares 3,196 (-4.7%) Est. Cost — Unrealized —

HD HOME DEPOT INC 0.0%

Value $522K (-16.7%) Shares 1,479 (-23.4%) Est. Cost — Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.0%

Value $454K (-17.0%) Shares 1,614 (-27.4%) Est. Cost — Unrealized —

ENR ENERGIZER HLDGS INC 0.0%

Value $567K (+15.2%) Shares 26,448 (-10.3%) Est. Cost — Unrealized —

SPG SIMON PPTY GROUP INC NEW 0.0%

Value $642K (+13.1%) Shares 2,871 (-4.0%) Est. Cost — Unrealized —

SCCO SOUTHERN COPPER CORP 0.0%

Value $788K (-8.0%) Shares 4,522 (-7.4%) Est. Cost — Unrealized —

TDOC TELADOC HEALTH INC 0.0%

Value $203K (+39.0%) Shares 23,901 (-12.7%) Est. Cost — Unrealized —

TROW PRICE T ROWE GROUP INC 0.0%

Value $605K (+9.5%) Shares 5,319 (-14.1%) Est. Cost — Unrealized —

AMH AMERICAN HOMES 4 RENT 0.0%

Value $586K (+9.3%) Shares 17,482 (-4.6%) Est. Cost — Unrealized —

CSCO CISCO SYS INC 0.0%

Value $814K (+6.4%) Shares 6,932 (-27.8%) Est. Cost — Unrealized —

MO ALTRIA GROUP INC 0.0%

Value $648K (+8.0%) Shares 9,006 (-1.1%) Est. Cost — Unrealized —

ABBV ABBVIE INC 0.0%

Value $748K (+6.1%) Shares 2,974 (-13.0%) Est. Cost — Unrealized —

PM PHILIP MORRIS INTL INC 0.0%

Value $606K (+7.3%) Shares 3,351 (-5.7%) Est. Cost — Unrealized —

VICI VICI PPTYS INC 0.0%

Value $472K (-7.9%) Shares 17,761 (-4.0%) Est. Cost — Unrealized —

EQR EQUITY RESIDENTIAL 0.0%

Value $578K (+7.0%) Shares 8,513 (-4.9%) Est. Cost — Unrealized —

GS GOLDMAN SACHS GROUP INC 0.0%

Value $698K (-5.1%) Shares 690 (-19.2%) Est. Cost — Unrealized —

HOG HARLEY DAVIDSON INC 0.0%

Value $405K (+10.0%) Shares 16,565 (-5.5%) Est. Cost — Unrealized —

RF REGIONS FINANCIAL CORP NEW 0.0%

Value $317K (+12.2%) Shares 10,491 (-1.3%) Est. Cost — Unrealized —

OKE ONEOK INC NEW 0.0%

Value $325K (-8.9%) Shares 3,738 (-7.2%) Est. Cost — Unrealized —

MS MORGAN STANLEY 0.0%

Value $365K (+7.5%) Shares 1,744 (-14.5%) Est. Cost — Unrealized —

MSM MSC INDL DIRECT INC 0.0%

Value $311K (+6.8%) Shares 2,614 (-18.4%) Est. Cost — Unrealized —

STX SEAGATE TECHNOLOGY HLDNGS PL 0.0%

Value $316K (-4.2%) Shares 327 (-54.6%) Est. Cost — Unrealized —

JPM JPMORGAN CHASE & CO 0.0%

Value $825K (-0.9%) Shares 2,520 (-10.4%) Est. Cost — Unrealized —

WPC WP CAREY INC 0.0%

Value $531K (+0.9%) Shares 7,421 (-1.7%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TAL	TAL ED GROUP	17,323,005 (-8.7%)	$166M (-22.6%)	5.9%	—	—	SPONSORED ADS	874080104
VIPS	VIPSHOP HLDGS LTD	10,317,325 (-9.7%)	$137M (-19.8%)	4.9%	—	—	SPONSORED ADS A	92763W103
BZ	KANZHUN LIMITED	13,815,013 (-2.9%)	$178M (-7.8%)	6.3%	—	—	SPONSORED ADS	48553T106
QFIN	QFIN HOLDINGS INC	3,427,863 (-32.4%)	$54.19M (-18.4%)	1.9%	—	—	AMERICAN DEP	88557W101
WB	WEIBO CORP	3,522,391 (-7.8%)	$25.57M (-23.9%)	0.9%	—	—	SPONSORED ADR	948596101
CRDO	CREDO TECHNOLOGY GROUP HOLDI	26,220 (-15.6%)	$7.131M (+122.3%)	0.3%	—	—	ORDINARY SHARES	G25457105
KCSH	KRANESHARES TRUST	6,721,400 (-1.8%)	$168M (-1.8%)	6.0%	—	—	SUST UL SHOR ETF	500767355
JOYY	JOYY INC	1,081,062 (-8.1%)	$71.34M (+2.7%)	2.5%	—	—	ADS REPSTG COM A	46591M109
SNPS	SYNOPSYS INC	4,424 (-54.1%)	$1.973M (-48.3%)	0.1%	—	—	COM	871607107
ALB	ALBEMARLE CORP	13,655 (-26.3%)	$1.844M (-41.8%)	0.1%	—	—	COM	012653101
ADSK	AUTODESK INC	1,226 (-79.7%)	$238K (-83.4%)	0.0%	—	—	COM	052769106
ATHM	AUTOHOME INC	2,477,283 (-10.4%)	$47.14M (-2.0%)	1.7%	—	—	SP ADS RP CL A	05278C107
LULU	LULULEMON ATHLETICA INC	10,300 (-15.6%)	$1.176M (-37.9%)	0.0%	—	—	COM	550021109
ISRG	INTUITIVE SURGICAL INC	4,344 (-8.4%)	$1.728M (-19.3%)	0.1%	—	—	COM NEW	46120E602
CPNG	COUPANG INC	59,828 (-9.9%)	$1.039M (-20.2%)	0.0%	—	—	CL A	22266T109
UPBD	UPBOUND GROUP INC	15,987 (-44.4%)	$339K (-34.5%)	0.0%	—	—	COM	76009N100
SE	SEA LTD	15,713 (-21.5%)	$1.506M (-9.7%)	0.1%	—	—	SPONSORD ADS	81141R100
CVX	CHEVRON CORPORATION	1,589 (-23.0%)	$263K (-35.8%)	0.0%	—	—	COM	166764100
UNH	UNITEDHEALTH GROUP INC	1,105 (-1.7%)	$459K (+44.7%)	0.0%	—	—	COM	91324P102
GOOG	ALPHABET INC	3,196 (-4.7%)	$1.129M (+13.4%)	0.0%	—	—	CAP STK CL C	02079K107
HD	HOME DEPOT INC	1,479 (-23.4%)	$522K (-16.7%)	0.0%	—	—	COM	437076102
IBM	INTERNATIONAL BUSINESS MACHS	1,614 (-27.4%)	$454K (-17.0%)	0.0%	—	—	COM	459200101
ENR	ENERGIZER HLDGS INC	26,448 (-10.3%)	$567K (+15.2%)	0.0%	—	—	COM	29272W109
SPG	SIMON PPTY GROUP INC NEW	2,871 (-4.0%)	$642K (+13.1%)	0.0%	—	—	COM	828806109
SCCO	SOUTHERN COPPER CORP	4,522 (-7.4%)	$788K (-8.0%)	0.0%	—	—	COM	84265V105
TDOC	TELADOC HEALTH INC	23,901 (-12.7%)	$203K (+39.0%)	0.0%	—	—	COM	87918A105
TROW	PRICE T ROWE GROUP INC	5,319 (-14.1%)	$605K (+9.5%)	0.0%	—	—	COM	74144T108
AMH	AMERICAN HOMES 4 RENT	17,482 (-4.6%)	$586K (+9.3%)	0.0%	—	—	CL A	02665T306
CSCO	CISCO SYS INC	6,932 (-27.8%)	$814K (+6.4%)	0.0%	—	—	COM	17275R102
MO	ALTRIA GROUP INC	9,006 (-1.1%)	$648K (+8.0%)	0.0%	—	—	COM	02209S103
ABBV	ABBVIE INC	2,974 (-13.0%)	$748K (+6.1%)	0.0%	—	—	COM	00287Y109
PM	PHILIP MORRIS INTL INC	3,351 (-5.7%)	$606K (+7.3%)	0.0%	—	—	COM	718172109
VICI	VICI PPTYS INC	17,761 (-4.0%)	$472K (-7.9%)	0.0%	—	—	COM	925652109
EQR	EQUITY RESIDENTIAL	8,513 (-4.9%)	$578K (+7.0%)	0.0%	—	—	SH BEN INT	29476L107
GS	GOLDMAN SACHS GROUP INC	690 (-19.2%)	$698K (-5.1%)	0.0%	—	—	COM	38141G104
HOG	HARLEY DAVIDSON INC	16,565 (-5.5%)	$405K (+10.0%)	0.0%	—	—	COM	412822108
RF	REGIONS FINANCIAL CORP NEW	10,491 (-1.3%)	$317K (+12.2%)	0.0%	—	—	COM	7591EP100
OKE	ONEOK INC NEW	3,738 (-7.2%)	$325K (-8.9%)	0.0%	—	—	COM	682680103
MS	MORGAN STANLEY	1,744 (-14.5%)	$365K (+7.5%)	0.0%	—	—	COM NEW	617446448
MSM	MSC INDL DIRECT INC	2,614 (-18.4%)	$311K (+6.8%)	0.0%	—	—	CL A	553530106
STX	SEAGATE TECHNOLOGY HLDNGS PL	327 (-54.6%)	$316K (-4.2%)	0.0%	—	—	ORD SHS	G7997R103
JPM	JPMORGAN CHASE & CO	2,520 (-10.4%)	$825K (-0.9%)	0.0%	—	—	COM	46625H100
WPC	WP CAREY INC	7,421 (-1.7%)	$531K (+0.9%)	0.0%	—	—	COM	92936U109

Unchanged Positions (10)

PDD PDD HOLDINGS INC 15.6%

Value $441M Shares 5,780,324 Est. Cost — Unrealized —

YMM FULL TRUCK ALLIANCE CO LTD 8.2%

Value $230M Shares 28,352,796 Est. Cost — Unrealized —

LEGN LEGEND BIOTECH CORP 0.0%

Value $909K Shares 31,488 Est. Cost — Unrealized —

INFY INFOSYS LTD 0.0%

Value $709K Shares 67,568 Est. Cost — Unrealized —

FICO FAIR ISAAC CORP 0.1%

Value $1.553M Shares 1,300 Est. Cost — Unrealized —

PSA PUBLIC STORAGE 0.0%

Value $598K Shares 1,880 Est. Cost — Unrealized —

CMI CUMMINS INC 0.0%

Value $305K Shares 427 Est. Cost — Unrealized —

BVN COMPANIA DE MINAS BUENAVENTU 0.0%

Value $217K Shares 7,419 Est. Cost — Unrealized —

JNJ JOHNSON & JOHNSON 0.0%

Value $897K Shares 3,532 Est. Cost — Unrealized —

ITW ILLINOIS TOOL WKS INC 0.0%

Value $580K Shares 2,146 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PDD	PDD HOLDINGS INC	5,780,324	$441M	15.6%	—	—	SPONSORED ADS	722304102
YMM	FULL TRUCK ALLIANCE CO LTD	28,352,796	$230M	8.2%	—	—	SPONSORED ADS	35969L108
LEGN	LEGEND BIOTECH CORP	31,488	$909K	0.0%	—	—	SPONSORED ADS	52490G102
INFY	INFOSYS LTD	67,568	$709K	0.0%	—	—	SPONSORED ADR	456788108
FICO	FAIR ISAAC CORP	1,300	$1.553M	0.1%	—	—	COM	303250104
PSA	PUBLIC STORAGE	1,880	$598K	0.0%	—	—	COM	74460D109
CMI	CUMMINS INC	427	$305K	0.0%	—	—	COM	231021106
BVN	COMPANIA DE MINAS BUENAVENTU	7,419	$217K	0.0%	—	—	SPONSORED ADR	204448104
JNJ	JOHNSON & JOHNSON	3,532	$897K	0.0%	—	—	COM	478160104
ITW	ILLINOIS TOOL WKS INC	2,146	$580K	0.0%	—	—	COM	452308109