Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LAUR	LAUREATE ED INC	377,725	$13.71M	0.2%	$36.30	—	COMMON STOCK	518613203
ADM	ARCHER DANIELS MIDLAND CO	177,760	$13.6M	0.2%	$76.49	—	COM	039483102
NXT	NEXTPOWER INC	104,105	$12.13M	0.2%	$116.54	—	CLASS A COM	65290E101
CVNA	CARVANA CO	41,190	$2.644M	0.0%	$64.18	—	CL A	146869102
NBIX	NEUROCRINE BIOSCIENCES INC	14,787	$2.51M	0.0%	$169.73	—	COM	64125C109
KTOS	KRATOS DEFENSE & SEC SOLUTIO	48,984	$2.437M	0.0%	$49.75	—	COM NEW	50077B207
SNDK	SANDISK CORP	586	$1.33M	0.0%	$2269.21	—	COM	80004C200
STX	SEAGATE TECHNOLOGY HLDNGS PL	1,021	$985K	0.0%	$964.54	—	ORD SHS	G7997R103
LOGI	LOGITECH INTL S A	7,851	$734K	0.0%	$93.55	—	SHS	H50430232
SPCX	SPACE EXPLORATION TECHN CORP	3,125	$533K	0.0%	$170.52	—	CLASS A COM STK	84615Q103
FRO	FRONTLINE PLC	14,567	$504K	0.0%	$34.61	—	COM	M46528101
OKE	ONEOK INC NEW	5,270	$468K	0.0%	$88.78	—	COM	682680103
SWKS	SKYWORKS SOLUTIONS INC	6,580	$446K	0.0%	$67.75	—	COM	83088M102
HON	HONEYWELL INTL INC	1,816	$406K	0.0%	$223.45	—	COM	438516205
HONA	HONEYWELL AEROSPACE INC	1,816	$401K	0.0%	$220.64	—	COM	43849R105
KMI	KINDER MORGAN INC DEL	12,000	$383K	0.0%	$31.89	—	COM	49456B101
NVT	NVENT ELEC PLC	2,320	$379K	0.0%	$163.44	—	SHS	G6700G107
ALB	ALBEMARLE CORP	2,704	$364K	0.0%	$134.72	—	COM	012653101
URI	UNITED RENTALS INC	318	$360K	0.0%	$1130.78	—	COM	911363109
USAR	USA RARE EARTH INC	15,750	$339K	0.0%	$21.54	—	COM	91733P107
UNP	UNION PAC CORP	965	$262K	0.0%	$271.44	—	COM	907818108
JBL	JABIL INC	560	$209K	0.0%	$373.78	—	COM	466313103
SHW	SHERWIN WILLIAMS CO	600	$206K	0.0%	$343.64	—	COM	824348106
FFIV	F5 INC	500	$205K	0.0%	$410.78	—	COM	315616102
TWLO	TWILIO INC	1,010	$201K	0.0%	$198.87	—	CL A	90138F102

Increased Positions (76)

AAPL APPLE INC 4.1%

Value $321M (+54.8%) Shares 1,115,381 (+36.6%) Est. Cost $224.39 Unrealized —

GOOGL ALPHABET INC 3.5%

Value $269M (+56.1%) Shares 754,395 (+25.1%) Est. Cost $203.91 Unrealized —

GOOG ALPHABET INC 2.0%

Value $152M (+109.1%) Shares 431,035 (+71.0%) Est. Cost $226.05 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 1.0%

Value $76.75M (+1240.6%) Shares 658,389 (+1590.7%) Est. Cost $117.01 Unrealized —

GEV GE VERNOVA INC 2.4%

Value $186M (+39.3%) Shares 161,348 (+4.2%) Est. Cost $627.94 Unrealized —

EW EDWARDS LIFESCIENCES CORP 1.1%

Value $83.57M (+159.1%) Shares 924,314 (+132.0%) Est. Cost $85.36 Unrealized —

AMAT APPLIED MATLS INC 0.9%

Value $71.86M (+136.9%) Shares 99,652 (+13.1%) Est. Cost $213.56 Unrealized —

AMZN AMAZON COM INC 3.1%

Value $242M (+19.6%) Shares 1,013,006 (+4.2%) Est. Cost $184.37 Unrealized —

MNST MONSTER BEVERAGE CORP NEW 1.1%

Value $86.81M (+39.2%) Shares 903,801 (+5.8%) Est. Cost $65.53 Unrealized —

UBS UBS GROUP AG 1.0%

Value $80.71M (+42.3%) Shares 1,630,379 (+10.9%) Est. Cost $33.34 Unrealized —

BKNG BOOKING HOLDINGS INC 0.1%

Value $4.822M (-82.7%) Shares 27,042 (+311.5%) Est. Cost $1284.49 Unrealized —

JPM JPMORGAN CHASE & CO 1.8%

Value $143M (+19.3%) Shares 435,428 (+6.9%) Est. Cost $218.65 Unrealized —

TTE TOTALENERGIES SE 1.6%

Value $127M (-14.7%) Shares 1,632,403 (+3.3%) Est. Cost $63.68 Unrealized —

KLAC KLA CORP 0.7%

Value $55.73M (+51.9%) Shares 185,698 (+650.5%) Est. Cost $328.68 Unrealized —

APH AMPHENOL CORP 0.2%

Value $14.98M (+3815.6%) Shares 86,977 (+2733.1%) Est. Cost $170.20 Unrealized —

DAR DARLING INGREDIENTS INC 0.3%

Value $25.62M (+73.8%) Shares 468,769 (+98.7%) Est. Cost $54.24 Unrealized —

CRH CRH PLC 1.2%

Value $95.12M (+11.6%) Shares 884,215 (+8.0%) Est. Cost $91.27 Unrealized —

VRTX VERTEX PHARMACEUTICALS INC 0.8%

Value $62.52M (+17.3%) Shares 125,970 (+6.4%) Est. Cost $359.53 Unrealized —

FSLR FIRST SOLAR INC 0.6%

Value $48.05M (+21.1%) Shares 203,504 (+2.3%) Est. Cost $186.69 Unrealized —

CSL CARLISLE COS INC 0.1%

Value $7.591M (+925.8%) Shares 20,945 (+855.1%) Est. Cost $368.89 Unrealized —

WELL WELLTOWER INC 0.4%

Value $27.21M (+25.9%) Shares 119,804 (+10.7%) Est. Cost $170.21 Unrealized —

UBER UBER TECHNOLOGIES INC 1.0%

Value $75.05M (+7.9%) Shares 1,041,163 (+8.6%) Est. Cost $74.84 Unrealized —

CAT CATERPILLAR INC 0.1%

Value $10.67M (+105.4%) Shares 10,130 (+38.8%) Est. Cost $576.78 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.1%

Value $5.563M (+1576.7%) Shares 13,291 (+988.5%) Est. Cost $420.94 Unrealized —

INTC INTEL CORP 0.1%

Value $7.044M (+262.9%) Shares 50,547 (+15.4%) Est. Cost $44.28 Unrealized —

PG PROCTER & GAMBLE CO 0.3%

Value $24.63M (+20.7%) Shares 167,998 (+20.2%) Est. Cost $137.42 Unrealized —

VRT VERTIV HOLDINGS CO 0.1%

Value $4.887M (+504.1%) Shares 15,349 (+378.3%) Est. Cost $293.61 Unrealized —

APP APPLOVIN CORP 0.1%

Value $5.083M (+337.7%) Shares 10,083 (+245.3%) Est. Cost $477.98 Unrealized —

ALV AUTOLIV INC 0.4%

Value $33.46M (+13.0%) Shares 287,794 (+3.2%) Est. Cost $95.98 Unrealized —

T AT&T INC 0.2%

Value $13.69M (-21.7%) Shares 659,678 (+10.4%) Est. Cost $18.44 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.1%

Value $4.522M (+354.8%) Shares 4,477 (+282.6%) Est. Cost $941.40 Unrealized —

SFM SPROUTS FMRS MKT INC 0.3%

Value $20.21M (+18.9%) Shares 238,544 (+9.3%) Est. Cost $49.54 Unrealized —

ADSK AUTODESK INC 0.2%

Value $16.67M (-14.8%) Shares 85,713 (+6.0%) Est. Cost $224.92 Unrealized —

DGX QUEST DIAGNOSTICS INC 0.3%

Value $21.52M (+14.9%) Shares 101,667 (+7.4%) Est. Cost $141.54 Unrealized —

ETN EATON CORP PLC 0.2%

Value $15.56M (+20.3%) Shares 37,105 (+1.8%) Est. Cost $355.68 Unrealized —

COST COSTCO WHOLESALE CORPORATION 1.4%

Value $111M (+2.2%) Shares 118,493 (+9.7%) Est. Cost $695.45 Unrealized —

WMB WILLIAMS COS INC 0.2%

Value $13.47M (+20.4%) Shares 180,730 (+18.1%) Est. Cost $67.40 Unrealized —

JCI JOHNSON CONTROLS INTERNATION 0.2%

Value $17.02M (+15.1%) Shares 116,943 (+4.4%) Est. Cost $73.23 Unrealized —

MRVL MARVELL TECHNOLOGY INC 0.0%

Value $2.754M (+433.4%) Shares 9,264 (+78.5%) Est. Cost $171.92 Unrealized —

ECL ECOLAB INC 0.4%

Value $34.12M (+6.9%) Shares 122,561 (+3.2%) Est. Cost $179.18 Unrealized —

VTR VENTAS INC 0.1%

Value $9.788M (+27.0%) Shares 110,040 (+17.4%) Est. Cost $69.68 Unrealized —

ADI ANALOG DEVICES INC 0.1%

Value $7.614M (+37.0%) Shares 19,365 (+8.1%) Est. Cost $260.55 Unrealized —

HASI HA SUSTAINABLE INFRA CAP INC 0.2%

Value $17.9M (+12.4%) Shares 457,841 (+6.8%) Est. Cost $29.08 Unrealized —

DB DEUTSCHE BK AG 0.1%

Value $7.609M (+29.0%) Shares 225,278 (+11.2%) Est. Cost $34.56 Unrealized —

ARRY ARRAY TECHNOLOGIES INC 0.2%

Value $14.26M (+11.4%) Shares 1,919,326 (+9.5%) Est. Cost $7.63 Unrealized —

VLTO VERALTO CORP 0.4%

Value $28.34M (+5.0%) Shares 319,764 (+5.8%) Est. Cost $102.30 Unrealized —

MPWR MONOLITHIC PWR SYS INC 0.1%

Value $4.302M (+34.8%) Shares 3,130 (+6.8%) Est. Cost $1121.86 Unrealized —

NXPI NXP SEMICONDUCTORS N V 0.0%

Value $1.452M (+271.3%) Shares 5,178 (+161.8%) Est. Cost $258.46 Unrealized —

ALL ALLSTATE CORP 0.1%

Value $4.694M (+28.3%) Shares 19,510 (+11.4%) Est. Cost $206.80 Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 0.1%

Value $4.947M (-16.9%) Shares 40,214 (+7.2%) Est. Cost $112.56 Unrealized —

ORCL ORACLE CORP 0.0%

Value $3.384M (+39.7%) Shares 23,133 (+40.9%) Est. Cost $195.14 Unrealized —

CAH CARDINAL HEALTH INC 0.0%

Value $3.342M (+37.7%) Shares 14,130 (+21.8%) Est. Cost $219.09 Unrealized —

AEP AMERICAN ELEC PWR CO INC 0.1%

Value $6.833M (+14.6%) Shares 49,646 (+10.0%) Est. Cost $120.24 Unrealized —

BK BANK OF NY MELLON CORP 0.0%

Value $2.147M (+61.9%) Shares 14,920 (+30.8%) Est. Cost $120.86 Unrealized —

SPOT SPOTIFY TECHNOLOGY S A 0.8%

Value $60.5M (+1.3%) Shares 131,732 (+7.8%) Est. Cost $627.01 Unrealized —

TSLA TESLA INC 0.1%

Value $6.094M (+14.9%) Shares 14,519 (+2.2%) Est. Cost $361.52 Unrealized —

ALC ALCON AG 0.0%

Value $1.763M (+57.9%) Shares 26,147 (+75.9%) Est. Cost $75.54 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.0%

Value $932K (+111.8%) Shares 3,318 (+82.9%) Est. Cost $269.19 Unrealized —

TIGO MILLICOM INTL CELLULAR S A 0.0%

Value $1.707M (+31.2%) Shares 18,854 (+9.2%) Est. Cost $63.57 Unrealized —

VMI VALMONT INDS INC 0.0%

Value $683K (+131.8%) Shares 1,190 (+56.6%) Est. Cost $493.83 Unrealized —

AXON AXON ENTERPRISE INC 0.0%

Value $604K (+172.4%) Shares 1,080 (+107.7%) Est. Cost $610.91 Unrealized —

PNC PNC FINL SVCS GROUP INC 0.0%

Value $1.701M (+24.3%) Shares 6,923 (+5.9%) Est. Cost $177.75 Unrealized —

MELI MERCADOLIBRE INC 0.0%

Value $1.094M (+41.0%) Shares 647 (+42.5%) Est. Cost $1779.33 Unrealized —

VIV TELEFONICA BRASIL SA 0.0%

Value $1.673M (-14.6%) Shares 127,428 (+4.1%) Est. Cost $9.48 Unrealized —

NEM NEWMONT CORP 0.4%

Value $31.19M (+0.9%) Shares 330,455 (+11.9%) Est. Cost $87.80 Unrealized —

PEP PEPSICO INC 0.0%

Value $2.749M (-9.0%) Shares 20,237 (+4.8%) Est. Cost $147.61 Unrealized —

ISRG INTUITIVE SURGICAL INC 0.2%

Value $18.7M (-1.0%) Shares 46,993 (+15.8%) Est. Cost $407.71 Unrealized —

WDAY WORKDAY INC 0.0%

Value $422K (+84.1%) Shares 3,454 (+96.7%) Est. Cost $179.23 Unrealized —

BBY BEST BUY INC 0.0%

Value $576K (+28.4%) Shares 7,420 (+6.6%) Est. Cost $73.65 Unrealized —

HAS HASBRO INC 0.0%

Value $474K (+33.2%) Shares 5,748 (+52.4%) Est. Cost $89.16 Unrealized —

PFE PFIZER INC 0.0%

Value $1.307M (-7.1%) Shares 54,296 (+8.6%) Est. Cost $25.21 Unrealized —

O REALTY INCOME CORP 0.0%

Value $779K (+10.4%) Shares 12,350 (+8.0%) Est. Cost $57.59 Unrealized —

CMCSA COMCAST CORP NEW 0.0%

Value $512K (-12.0%) Shares 20,925 (+4.0%) Est. Cost $30.73 Unrealized —

PH PARKER-HANNIFIN CORP 0.0%

Value $312K (+15.8%) Shares 320 (+6.7%) Est. Cost $758.07 Unrealized —

WMT WALMART INC 0.1%

Value $5.99M (+0.5%) Shares 52,800 (+10.7%) Est. Cost $98.36 Unrealized —

WFC WELLS FARGO & CO 0.0%

Value $335K (+4.9%) Shares 4,067 (+1.7%) Est. Cost $80.80 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	1,115,381 (+36.6%)	$321M (+54.8%)	4.1%	$224.39	—	COM	037833100
GOOGL	ALPHABET INC	754,395 (+25.1%)	$269M (+56.1%)	3.5%	$203.91	—	CAP STK CL A	02079K305
GOOG	ALPHABET INC	431,035 (+71.0%)	$152M (+109.1%)	2.0%	$226.05	—	CAP STK CL C	02079K107
PLTR	PALANTIR TECHNOLOGIES INC	658,389 (+1590.7%)	$76.75M (+1240.6%)	1.0%	$117.01	—	CL A	69608A108
GEV	GE VERNOVA INC	161,348 (+4.2%)	$186M (+39.3%)	2.4%	$627.94	—	COM	36828A101
EW	EDWARDS LIFESCIENCES CORP	924,314 (+132.0%)	$83.57M (+159.1%)	1.1%	$85.36	—	COM	28176E108
AMAT	APPLIED MATLS INC	99,652 (+13.1%)	$71.86M (+136.9%)	0.9%	$213.56	—	COM	038222105
AMZN	AMAZON COM INC	1,013,006 (+4.2%)	$242M (+19.6%)	3.1%	$184.37	—	COM	023135106
MNST	MONSTER BEVERAGE CORP NEW	903,801 (+5.8%)	$86.81M (+39.2%)	1.1%	$65.53	—	COM	61174X109
UBS	UBS GROUP AG	1,630,379 (+10.9%)	$80.71M (+42.3%)	1.0%	$33.34	—	SHS	H42097107
BKNG	BOOKING HOLDINGS INC	27,042 (+311.5%)	$4.822M (-82.7%)	0.1%	$1284.49	—	COM	09857L108
JPM	JPMORGAN CHASE & CO	435,428 (+6.9%)	$143M (+19.3%)	1.8%	$218.65	—	COM	46625H100
TTE	TOTALENERGIES SE	1,632,403 (+3.3%)	$127M (-14.7%)	1.6%	$63.68	—	ACT	F92124100
KLAC	KLA CORP	185,698 (+650.5%)	$55.73M (+51.9%)	0.7%	$328.68	—	COM NEW	482480100
APH	AMPHENOL CORP	86,977 (+2733.1%)	$14.98M (+3815.6%)	0.2%	$170.20	—	CL A	032095101
DAR	DARLING INGREDIENTS INC	468,769 (+98.7%)	$25.62M (+73.8%)	0.3%	$54.24	—	COM	237266101
CRH	CRH PLC	884,215 (+8.0%)	$95.12M (+11.6%)	1.2%	$91.27	—	ORD	G25508105
VRTX	VERTEX PHARMACEUTICALS INC	125,970 (+6.4%)	$62.52M (+17.3%)	0.8%	$359.53	—	COM	92532F100
FSLR	FIRST SOLAR INC	203,504 (+2.3%)	$48.05M (+21.1%)	0.6%	$186.69	—	COM	336433107
CSL	CARLISLE COS INC	20,945 (+855.1%)	$7.591M (+925.8%)	0.1%	$368.89	—	COM	142339100
WELL	WELLTOWER INC	119,804 (+10.7%)	$27.21M (+25.9%)	0.4%	$170.21	—	COM	95040Q104
UBER	UBER TECHNOLOGIES INC	1,041,163 (+8.6%)	$75.05M (+7.9%)	1.0%	$74.84	—	COM	90353T100
CAT	CATERPILLAR INC	10,130 (+38.8%)	$10.67M (+105.4%)	0.1%	$576.78	—	COM	149123101
UNH	UNITEDHEALTH GROUP INC	13,291 (+988.5%)	$5.563M (+1576.7%)	0.1%	$420.94	—	COM	91324P102
INTC	INTEL CORP	50,547 (+15.4%)	$7.044M (+262.9%)	0.1%	$44.28	—	COM	458140100
PG	PROCTER & GAMBLE CO	167,998 (+20.2%)	$24.63M (+20.7%)	0.3%	$137.42	—	COM	742718109
VRT	VERTIV HOLDINGS CO	15,349 (+378.3%)	$4.887M (+504.1%)	0.1%	$293.61	—	COM CL A	92537N108
APP	APPLOVIN CORP	10,083 (+245.3%)	$5.083M (+337.7%)	0.1%	$477.98	—	COM CL A	03831W108
ALV	AUTOLIV INC	287,794 (+3.2%)	$33.46M (+13.0%)	0.4%	$95.98	—	COM	052800109
T	AT&T INC	659,678 (+10.4%)	$13.69M (-21.7%)	0.2%	$18.44	—	COM	00206R102
GS	GOLDMAN SACHS GROUP INC	4,477 (+282.6%)	$4.522M (+354.8%)	0.1%	$941.40	—	COM	38141G104
SFM	SPROUTS FMRS MKT INC	238,544 (+9.3%)	$20.21M (+18.9%)	0.3%	$49.54	—	COM	85208M102
ADSK	AUTODESK INC	85,713 (+6.0%)	$16.67M (-14.8%)	0.2%	$224.92	—	COM	052769106
DGX	QUEST DIAGNOSTICS INC	101,667 (+7.4%)	$21.52M (+14.9%)	0.3%	$141.54	—	COM	74834L100
ETN	EATON CORP PLC	37,105 (+1.8%)	$15.56M (+20.3%)	0.2%	$355.68	—	SHS	G29183103
COST	COSTCO WHOLESALE CORPORATION	118,493 (+9.7%)	$111M (+2.2%)	1.4%	$695.45	—	COM	22160K105
WMB	WILLIAMS COS INC	180,730 (+18.1%)	$13.47M (+20.4%)	0.2%	$67.40	—	COM	969457100
JCI	JOHNSON CONTROLS INTERNATION	116,943 (+4.4%)	$17.02M (+15.1%)	0.2%	$73.23	—	SHS	G51502105
MRVL	MARVELL TECHNOLOGY INC	9,264 (+78.5%)	$2.754M (+433.4%)	0.0%	$171.92	—	COM	573874104
ECL	ECOLAB INC	122,561 (+3.2%)	$34.12M (+6.9%)	0.4%	$179.18	—	COM	278865100
VTR	VENTAS INC	110,040 (+17.4%)	$9.788M (+27.0%)	0.1%	$69.68	—	COM	92276F100
ADI	ANALOG DEVICES INC	19,365 (+8.1%)	$7.614M (+37.0%)	0.1%	$260.55	—	COM	032654105
HASI	HA SUSTAINABLE INFRA CAP INC	457,841 (+6.8%)	$17.9M (+12.4%)	0.2%	$29.08	—	COM	41068X100
DB	DEUTSCHE BK AG	225,278 (+11.2%)	$7.609M (+29.0%)	0.1%	$34.56	—	NAMEN AKT	D18190898
ARRY	ARRAY TECHNOLOGIES INC	1,919,326 (+9.5%)	$14.26M (+11.4%)	0.2%	$7.63	—	COM SHS	04271T100
VLTO	VERALTO CORP	319,764 (+5.8%)	$28.34M (+5.0%)	0.4%	$102.30	—	COM SHS	92338C103
MPWR	MONOLITHIC PWR SYS INC	3,130 (+6.8%)	$4.302M (+34.8%)	0.1%	$1121.86	—	COM	609839105
NXPI	NXP SEMICONDUCTORS N V	5,178 (+161.8%)	$1.452M (+271.3%)	0.0%	$258.46	—	COM	N6596X109
ALL	ALLSTATE CORP	19,510 (+11.4%)	$4.694M (+28.3%)	0.1%	$206.80	—	COM	020002101
ICE	INTERCONTINENTAL EXCHANGE IN	40,214 (+7.2%)	$4.947M (-16.9%)	0.1%	$112.56	—	COM	45866F104
ORCL	ORACLE CORP	23,133 (+40.9%)	$3.384M (+39.7%)	0.0%	$195.14	—	COM	68389X105
CAH	CARDINAL HEALTH INC	14,130 (+21.8%)	$3.342M (+37.7%)	0.0%	$219.09	—	COM	14149Y108
AEP	AMERICAN ELEC PWR CO INC	49,646 (+10.0%)	$6.833M (+14.6%)	0.1%	$120.24	—	COM	025537101
BK	BANK OF NY MELLON CORP	14,920 (+30.8%)	$2.147M (+61.9%)	0.0%	$120.86	—	COM	064058100
SPOT	SPOTIFY TECHNOLOGY S A	131,732 (+7.8%)	$60.5M (+1.3%)	0.8%	$627.01	—	SHS	L8681T102
TSLA	TESLA INC	14,519 (+2.2%)	$6.094M (+14.9%)	0.1%	$361.52	—	COM	88160R101
ALC	ALCON AG	26,147 (+75.9%)	$1.763M (+57.9%)	0.0%	$75.54	—	ORD SHS	H01301128
IBM	INTERNATIONAL BUSINESS MACHS	3,318 (+82.9%)	$932K (+111.8%)	0.0%	$269.19	—	COM	459200101
TIGO	MILLICOM INTL CELLULAR S A	18,854 (+9.2%)	$1.707M (+31.2%)	0.0%	$63.57	—	COM STK	L6388F110
VMI	VALMONT INDS INC	1,190 (+56.6%)	$683K (+131.8%)	0.0%	$493.83	—	COM	920253101
AXON	AXON ENTERPRISE INC	1,080 (+107.7%)	$604K (+172.4%)	0.0%	$610.91	—	COM	05464C101
PNC	PNC FINL SVCS GROUP INC	6,923 (+5.9%)	$1.701M (+24.3%)	0.0%	$177.75	—	COM	693475105
MELI	MERCADOLIBRE INC	647 (+42.5%)	$1.094M (+41.0%)	0.0%	$1779.33	—	COM	58733R102
VIV	TELEFONICA BRASIL SA	127,428 (+4.1%)	$1.673M (-14.6%)	0.0%	$9.48	—	SPONSORED ADS	87936R205
NEM	NEWMONT CORP	330,455 (+11.9%)	$31.19M (+0.9%)	0.4%	$87.80	—	COM	651639106
PEP	PEPSICO INC	20,237 (+4.8%)	$2.749M (-9.0%)	0.0%	$147.61	—	COM	713448108
ISRG	INTUITIVE SURGICAL INC	46,993 (+15.8%)	$18.7M (-1.0%)	0.2%	$407.71	—	COM NEW	46120E602
WDAY	WORKDAY INC	3,454 (+96.7%)	$422K (+84.1%)	0.0%	$179.23	—	CL A	98138H101
BBY	BEST BUY INC	7,420 (+6.6%)	$576K (+28.4%)	0.0%	$73.65	—	COM	086516101
HAS	HASBRO INC	5,748 (+52.4%)	$474K (+33.2%)	0.0%	$89.16	—	COM	418056107
PFE	PFIZER INC	54,296 (+8.6%)	$1.307M (-7.1%)	0.0%	$25.21	—	COM	717081103
O	REALTY INCOME CORP	12,350 (+8.0%)	$779K (+10.4%)	0.0%	$57.59	—	COM	756109104
CMCSA	COMCAST CORP NEW	20,925 (+4.0%)	$512K (-12.0%)	0.0%	$30.73	—	CL A	20030N101
PH	PARKER-HANNIFIN CORP	320 (+6.7%)	$312K (+15.8%)	0.0%	$758.07	—	COM	701094104
WMT	WALMART INC	52,800 (+10.7%)	$5.99M (+0.5%)	0.1%	$98.36	—	COM	931142103
WFC	WELLS FARGO & CO	4,067 (+1.7%)	$335K (+4.9%)	0.0%	$80.80	—	COM	949746101

Exited Positions (22)

SLM SLM CORP 0.3%

Value $23.43M Shares 1,082,722 Est. Cost $15.75 Unrealized —

UTHR UNITED THERAPEUTICS CORP DEL 0.1%

Value $4.422M Shares 7,444 Est. Cost $480.44 Unrealized —

CME CME GROUP INC 0.0%

Value $3.45M Shares 11,525 Est. Cost $289.33 Unrealized —

COR CENCORA INC 0.0%

Value $3.238M Shares 10,190 Est. Cost $293.50 Unrealized —

HON HONEYWELL INTL INC 0.0%

Value $1.832M Shares 8,062 Est. Cost $202.67 Unrealized —

D DOMINION ENERGY INC 0.0%

Value $1.069M Shares 17,185 Est. Cost $52.01 Unrealized —

SOLS SOLSTICE ADVANCED MATLS INC 0.0%

Value $707K Shares 9,225 Est. Cost $65.21 Unrealized —

TW TRADEWEB MKTS INC 0.0%

Value $699K Shares 5,909 Est. Cost $129.85 Unrealized —

VRSK VERISK ANALYTICS INC 0.0%

Value $652K Shares 3,413 Est. Cost $231.18 Unrealized —

SHOP SHOPIFY INC 0.0%

Value $550K Shares 4,614 Est. Cost $59.37 Unrealized —

PYPL PAYPAL HLDGS INC 0.0%

Value $446K Shares 9,831 Est. Cost $70.32 Unrealized —

NKE NIKE INC 0.0%

Value $438K Shares 8,245 Est. Cost $83.96 Unrealized —

PAYX PAYCHEX INC 0.0%

Value $416K Shares 4,473 Est. Cost $112.60 Unrealized —

CTSH COGNIZANT TECHNOLOGY SOLUTIO 0.0%

Value $380K Shares 6,172 Est. Cost $71.83 Unrealized —

EOG EOG RES INC 0.0%

Value $275K Shares 1,860 Est. Cost $112.14 Unrealized —

DHR DANAHER CORP DEL 0.0%

Value $264K Shares 1,405 Est. Cost $198.37 Unrealized —

AMT AMERICAN TOWER CORP 0.0%

Value $245K Shares 1,412 Est. Cost $186.63 Unrealized —

EXC EXELON CORP 0.0%

Value $231K Shares 4,680 Est. Cost $45.14 Unrealized —

HOLX HOLOGIC INC 0.0%

Value $226K Shares 2,957 Est. Cost $74.61 Unrealized —

COIN COINBASE GLOBAL INC 0.0%

Value $219K Shares 1,250 Est. Cost $297.98 Unrealized —

MICC MAGNUM ICE CREAM CO NV 0.0%

Value $174K Shares 11,771 Est. Cost $15.68 Unrealized —

F FORD MTR CO 0.0%

Value $161K Shares 14,050 Est. Cost $13.74 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SLM	SLM CORP	1,082,722	$23.43M	0.3%	$15.75	—	—	78442P106
UTHR	UNITED THERAPEUTICS CORP DEL	7,444	$4.422M	0.1%	$480.44	—	—	91307C102
CME	CME GROUP INC	11,525	$3.45M	0.0%	$289.33	—	—	12572Q105
COR	CENCORA INC	10,190	$3.238M	0.0%	$293.50	—	—	03073E105
HON	HONEYWELL INTL INC	8,062	$1.832M	0.0%	$202.67	—	—	438516106
D	DOMINION ENERGY INC	17,185	$1.069M	0.0%	$52.01	—	—	25746U109
SOLS	SOLSTICE ADVANCED MATLS INC	9,225	$707K	0.0%	$65.21	—	—	83443Q103
TW	TRADEWEB MKTS INC	5,909	$699K	0.0%	$129.85	—	—	892672106
VRSK	VERISK ANALYTICS INC	3,413	$652K	0.0%	$231.18	—	—	92345Y106
SHOP	SHOPIFY INC	4,614	$550K	0.0%	$59.37	—	—	82509L107
PYPL	PAYPAL HLDGS INC	9,831	$446K	0.0%	$70.32	—	—	70450Y103
NKE	NIKE INC	8,245	$438K	0.0%	$83.96	—	—	654106103
PAYX	PAYCHEX INC	4,473	$416K	0.0%	$112.60	—	—	704326107
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	6,172	$380K	0.0%	$71.83	—	—	192446102
EOG	EOG RES INC	1,860	$275K	0.0%	$112.14	—	—	26875P101
DHR	DANAHER CORP DEL	1,405	$264K	0.0%	$198.37	—	—	235851102
AMT	AMERICAN TOWER CORP	1,412	$245K	0.0%	$186.63	—	—	03027X100
EXC	EXELON CORP	4,680	$231K	0.0%	$45.14	—	—	30161N101
HOLX	HOLOGIC INC	2,957	$226K	0.0%	$74.61	—	—	436440101
COIN	COINBASE GLOBAL INC	1,250	$219K	0.0%	$297.98	—	—	19260Q107
MICC	MAGNUM ICE CREAM CO NV	11,771	$174K	0.0%	$15.68	—	—	N5505D105
F	FORD MTR CO	14,050	$161K	0.0%	$13.74	—	—	345370860

Decreased Positions (93)

NVDA NVIDIA CORPORATION 8.2%

Value $634M (-29.8%) Shares 3,181,157 (-38.3%) Est. Cost $124.29 Unrealized —

HD HOME DEPOT INC 0.1%

Value $6.352M (-96.8%) Shares 18,030 (-97.0%) Est. Cost $385.58 Unrealized —

AZN ASTRAZENECA PLC 3.8%

Value $297M (-38.3%) Shares 1,592,396 (-34.9%) Est. Cost $190.39 Unrealized —

DIS DISNEY WALT CO 0.0%

Value $1.204M (-99.3%) Shares 12,519 (-99.3%) Est. Cost $96.85 Unrealized —

MSFT MICROSOFT CORP 5.8%

Value $450M (-26.5%) Shares 1,208,194 (-26.4%) Est. Cost $341.56 Unrealized —

SPGI S&P GLOBAL INC 1.5%

Value $120M (-50.8%) Shares 295,118 (-48.1%) Est. Cost $415.09 Unrealized —

LIN LINDE PLC 1.8%

Value $136M (-44.0%) Shares 261,874 (-45.9%) Est. Cost $355.95 Unrealized —

BAC BANK OF AMER CORP 1.6%

Value $124M (-45.9%) Shares 2,181,306 (-53.2%) Est. Cost $46.02 Unrealized —

NFLX NETFLIX INC. 1.3%

Value $102M (-50.8%) Shares 1,421,750 (-33.3%) Est. Cost $106.12 Unrealized —

SYK STRYKER CORPORATION 1.1%

Value $86.36M (-52.6%) Shares 274,441 (-50.0%) Est. Cost $372.40 Unrealized —

ABBV ABBVIE INC 1.3%

Value $99.17M (-47.8%) Shares 394,664 (-54.3%) Est. Cost $162.07 Unrealized —

TJX TJX COS INC NEW 1.2%

Value $90.41M (-48.6%) Shares 597,173 (-45.3%) Est. Cost $78.25 Unrealized —

EQIX EQUINIX INC 1.4%

Value $110M (-43.4%) Shares 105,166 (-46.2%) Est. Cost $671.44 Unrealized —

V VISA INC 2.3%

Value $175M (-31.5%) Shares 510,192 (-39.0%) Est. Cost $241.72 Unrealized —

XYL XYLEM INC 1.4%

Value $106M (-42.0%) Shares 892,400 (-40.8%) Est. Cost $102.50 Unrealized —

NOW SERVICENOW INC 0.0%

Value $498K (-99.3%) Shares 5,030 (-99.3%) Est. Cost $174.59 Unrealized —

TT TRANE TECHNOLOGIES PLC 1.9%

Value $144M (-31.7%) Shares 294,162 (-41.5%) Est. Cost $187.57 Unrealized —

ORLY OREILLY AUTOMOTIVE INC 1.3%

Value $97.34M (-40.0%) Shares 1,057,502 (-39.3%) Est. Cost $95.03 Unrealized —

PWR QUANTA SVCS INC 1.8%

Value $137M (-26.9%) Shares 189,788 (-43.7%) Est. Cost $423.25 Unrealized —

VEEV VEEVA SYS INC 0.8%

Value $63.3M (-43.1%) Shares 357,026 (-43.1%) Est. Cost $281.43 Unrealized —

MSI MOTOROLA SOLUTIONS INC 0.1%

Value $7.085M (-86.2%) Shares 17,037 (-85.4%) Est. Cost $438.07 Unrealized —

LNG CHENIERE ENERGY INC 0.0%

Value $770K (-97.9%) Shares 3,222 (-97.4%) Est. Cost $233.89 Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.0%

Value $372K (-98.7%) Shares 8,568 (-98.0%) Est. Cost $97.04 Unrealized —

PANW PALO ALTO NETWORKS INC 3.6%

Value $282M (+10.2%) Shares 826,889 (-47.7%) Est. Cost $176.88 Unrealized —

AVGO BROADCOM INC 4.1%

Value $319M (+8.8%) Shares 847,521 (-10.6%) Est. Cost $235.81 Unrealized —

LLY ELI LILLY & CO 2.6%

Value $199M (-10.1%) Shares 164,869 (-31.2%) Est. Cost $846.56 Unrealized —

MU MICRON TECHNOLOGY INC 0.4%

Value $33.77M (+109.8%) Shares 29,372 (-39.1%) Est. Cost $215.36 Unrealized —

MS MORGAN STANLEY 0.9%

Value $73.2M (+27.8%) Shares 347,161 (-1.9%) Est. Cost $149.77 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value $9.257M (-51.1%) Shares 67,876 (-38.4%) Est. Cost $109.17 Unrealized —

CDNS CADENCE DESIGN SYSTEM INC 0.5%

Value $37.37M (+34.5%) Shares 100,168 (-1.3%) Est. Cost $344.03 Unrealized —

DELL DELL TECHNOLOGIES INC 0.3%

Value $25.83M (+58.4%) Shares 61,298 (-37.8%) Est. Cost $133.64 Unrealized —

LOPE GRAND CANYON ED INC 0.3%

Value $21.38M (-30.4%) Shares 149,363 (-16.5%) Est. Cost $119.49 Unrealized —

CRWD CROWDSTRIKE HLDGS INC 0.7%

Value $53.06M (+21.1%) Shares 69,581 (-37.5%) Est. Cost $507.55 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.7%

Value $52.01M (+19.8%) Shares 108,917 (-14.5%) Est. Cost $117.66 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value $15.67M (-33.7%) Shares 31,385 (-35.9%) Est. Cost $435.64 Unrealized —

BLK BLACKROCK INC 0.9%

Value $66.25M (-10.5%) Shares 68,983 (-9.6%) Est. Cost $1001.45 Unrealized —

MCD MCDONALDS CORP 0.2%

Value $13.45M (-34.4%) Shares 49,738 (-24.0%) Est. Cost $284.06 Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.1%

Value $9.226M (+151.0%) Shares 16,079 (-11.3%) Est. Cost $174.56 Unrealized —

ACN ACCENTURE PLC IRELAND 0.0%

Value $312K (-92.9%) Shares 2,507 (-88.6%) Est. Cost $273.66 Unrealized —

CSCO CISCO SYS INC 0.2%

Value $19.11M (+26.7%) Shares 162,736 (-15.8%) Est. Cost $59.76 Unrealized —

BKR BAKER HUGHES COMPANY 0.5%

Value $37.74M (-9.3%) Shares 670,687 (-1.3%) Est. Cost $47.87 Unrealized —

RTX RTX CORPORATION 0.1%

Value $6.309M (-35.7%) Shares 33,334 (-34.4%) Est. Cost $167.37 Unrealized —

GILD GILEAD SCIENCES INC 0.3%

Value $24.16M (-12.2%) Shares 191,290 (-2.3%) Est. Cost $119.10 Unrealized —

INTU INTUIT 0.0%

Value $412K (-88.1%) Shares 1,570 (-80.2%) Est. Cost $612.58 Unrealized —

LRCX LAM RESEARCH CORP 0.1%

Value $7.863M (+62.7%) Shares 18,205 (-19.2%) Est. Cost $97.52 Unrealized —

DDOG DATADOG INC 0.1%

Value $8.814M (+43.7%) Shares 33,844 (-34.2%) Est. Cost $126.37 Unrealized —

AZO AUTOZONE INC 0.0%

Value $1.585M (-50.5%) Shares 497 (-47.2%) Est. Cost $3848.16 Unrealized —

ROK ROCKWELL AUTOMATION INC 0.1%

Value $8.56M (+21.8%) Shares 17,279 (-10.8%) Est. Cost $273.80 Unrealized —

AWK AMERICAN WTR WKS CO INC NEW 0.1%

Value $6.118M (-20.0%) Shares 46,495 (-16.5%) Est. Cost $134.58 Unrealized —

RMD RESMED INC 0.1%

Value $8.072M (-15.8%) Shares 41,381 (-2.0%) Est. Cost $180.64 Unrealized —

SNPS SYNOPSYS INC 0.0%

Value $854K (-59.9%) Shares 1,918 (-64.1%) Est. Cost $551.77 Unrealized —

TEL TE CONNECTIVITY PLC 0.1%

Value $5.895M (-15.9%) Shares 29,202 (-12.0%) Est. Cost $146.73 Unrealized —

NEE NEXTERA ENERGY INC 0.0%

Value $1.834M (-37.6%) Shares 20,941 (-33.4%) Est. Cost $75.49 Unrealized —

SLB SLB LIMITED 0.0%

Value $681K (-60.3%) Shares 14,671 (-55.8%) Est. Cost $41.73 Unrealized —

ADBE ADOBE INC 0.0%

Value $3.701M (-20.6%) Shares 18,047 (-4.9%) Est. Cost $497.62 Unrealized —

MDT MEDTRONIC PLC 0.1%

Value $4.183M (-13.6%) Shares 53,478 (-3.3%) Est. Cost $82.62 Unrealized —

ROST ROSS STORES INC 0.0%

Value $1.254M (-32.5%) Shares 5,902 (-30.7%) Est. Cost $142.19 Unrealized —

FPS FORGENT POWER SOLUTIONS INC 0.0%

Value $3.165M (+22.8%) Shares 56,850 (-35.4%) Est. Cost $29.30 Unrealized —

KO COCA COLA CO 0.6%

Value $47.61M (-1.1%) Shares 579,437 (-7.6%) Est. Cost $65.91 Unrealized —

CVX CHEVRON CORPORATION 0.0%

Value $852K (-39.2%) Shares 5,100 (-23.2%) Est. Cost $152.00 Unrealized —

CW CURTISS WRIGHT CORP 0.1%

Value $5.411M (-8.9%) Shares 7,157 (-17.4%) Est. Cost $471.57 Unrealized —

AMGN AMGEN INC 0.0%

Value $1.441M (-26.0%) Shares 3,988 (-27.6%) Est. Cost $302.17 Unrealized —

STLA STELLANTIS N.V 0.0%

Value $193K (-72.2%) Shares 33,991 (-65.6%) Est. Cost $12.20 Unrealized —

META META PLATFORMS INC 0.7%

Value $52.55M (+0.9%) Shares 93,382 (-1.2%) Est. Cost $686.77 Unrealized —

PDD PDD HOLDINGS INC 0.0%

Value $305K (-59.3%) Shares 4,000 (-45.2%) Est. Cost $131.74 Unrealized —

MET METLIFE INC 0.1%

Value $6.511M (+7.1%) Shares 76,883 (-9.7%) Est. Cost $61.31 Unrealized —

RACE FERRARI N V 0.1%

Value $6.109M (+7.4%) Shares 16,522 (-2.6%) Est. Cost $400.90 Unrealized —

MRK MERCK & CO INC 0.2%

Value $17.49M (-2.2%) Shares 136,228 (-7.6%) Est. Cost $102.22 Unrealized —

TMUS T-MOBILE US INC 0.0%

Value $909K (-28.6%) Shares 5,431 (-9.9%) Est. Cost $238.07 Unrealized —

IBN ICICI BANK LIMITED 0.0%

Value $319K (-52.9%) Shares 11,000 (-57.7%) Est. Cost $30.13 Unrealized —

ABT ABBOTT LABORATORIES 0.0%

Value $433K (-43.9%) Shares 4,718 (-37.2%) Est. Cost $130.61 Unrealized —

INFY INFOSYS LTD 0.0%

Value $168K (-65.7%) Shares 16,000 (-55.6%) Est. Cost $16.22 Unrealized —

HDB HDFC BANK LTD 0.0%

Value $361K (-39.8%) Shares 14,000 (-41.7%) Est. Cost $34.05 Unrealized —

MO ALTRIA GROUP INC 0.0%

Value $809K (-21.5%) Shares 11,000 (-28.1%) Est. Cost $61.64 Unrealized —

DUK DUKE ENERGY CORP NEW 0.0%

Value $562K (-25.3%) Shares 4,380 (-22.9%) Est. Cost $121.39 Unrealized —

ANET ARISTA NETWORKS INC 0.0%

Value $2.012M (-6.9%) Shares 11,974 (-31.8%) Est. Cost $100.98 Unrealized —

JNJ JOHNSON & JOHNSON 0.1%

Value $9.219M (+1.6%) Shares 36,256 (-2.1%) Est. Cost $169.57 Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.0%

Value $372K (-26.3%) Shares 3,883 (-2.8%) Est. Cost $104.71 Unrealized —

WM WASTE MGMT INC DEL 0.0%

Value $652K (-16.6%) Shares 2,918 (-13.4%) Est. Cost $223.66 Unrealized —

CL COLGATE PALMOLIVE CO 0.0%

Value $3.45M (+3.7%) Shares 37,613 (-2.6%) Est. Cost $84.24 Unrealized —

PCAR PACCAR INC 0.0%

Value $488K (-17.0%) Shares 4,073 (-19.7%) Est. Cost $96.91 Unrealized —

RPRX ROYALTY PHARMA PLC 0.0%

Value $1.118M (-7.6%) Shares 19,985 (-20.3%) Est. Cost $32.20 Unrealized —

OC OWENS CORNING NEW 0.2%

Value $12.45M (+0.7%) Shares 78,255 (-30.8%) Est. Cost $127.63 Unrealized —

ADP AUTOMATIC DATA PROCESSING IN 0.0%

Value $437K (-16.2%) Shares 1,955 (-23.5%) Est. Cost $288.42 Unrealized —

CSX CSX CORP 0.0%

Value $587K (-12.5%) Shares 12,375 (-24.0%) Est. Cost $33.93 Unrealized —

EMR EMERSON ELEC CO 0.0%

Value $1.069M (-7.0%) Shares 7,479 (-14.2%) Est. Cost $87.12 Unrealized —

GE GE AEROSPACE 0.0%

Value $563K (+16.1%) Shares 1,509 (-11.2%) Est. Cost $272.69 Unrealized —

FTNT FORTINET INC 0.0%

Value $226K (-20.9%) Shares 1,455 (-59.0%) Est. Cost $89.23 Unrealized —

AKAM AKAMAI TECHNOLOGIES INC 0.1%

Value $9.737M (-0.6%) Shares 82,322 (-2.5%) Est. Cost $82.25 Unrealized —

MAR MARRIOTT INTL INC NEW 0.0%

Value $652K (-3.8%) Shares 1,764 (-14.5%) Est. Cost $267.49 Unrealized —

ABNB AIRBNB INC 0.0%

Value $477K (-4.6%) Shares 3,339 (-15.2%) Est. Cost $129.37 Unrealized —

UPS UNITED PARCEL SVCS INC 0.0%

Value $498K (-3.6%) Shares 4,610 (-14.0%) Est. Cost $90.01 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.0%

Value $371K (-4.1%) Shares 742 (-5.7%) Est. Cost $550.71 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	3,181,157 (-38.3%)	$634M (-29.8%)	8.2%	$124.29	—	COM	67066G104
HD	HOME DEPOT INC	18,030 (-97.0%)	$6.352M (-96.8%)	0.1%	$385.58	—	COM	437076102
AZN	ASTRAZENECA PLC	1,592,396 (-34.9%)	$297M (-38.3%)	3.8%	$190.39	—	ORD	G0593M107
DIS	DISNEY WALT CO	12,519 (-99.3%)	$1.204M (-99.3%)	0.0%	$96.85	—	COM	254687106
MSFT	MICROSOFT CORP	1,208,194 (-26.4%)	$450M (-26.5%)	5.8%	$341.56	—	COM	594918104
SPGI	S&P GLOBAL INC	295,118 (-48.1%)	$120M (-50.8%)	1.5%	$415.09	—	COM	78409V104
LIN	LINDE PLC	261,874 (-45.9%)	$136M (-44.0%)	1.8%	$355.95	—	SHS	G54950103
BAC	BANK OF AMER CORP	2,181,306 (-53.2%)	$124M (-45.9%)	1.6%	$46.02	—	COM	060505104
NFLX	NETFLIX INC.	1,421,750 (-33.3%)	$102M (-50.8%)	1.3%	$106.12	—	COM	64110L106
SYK	STRYKER CORPORATION	274,441 (-50.0%)	$86.36M (-52.6%)	1.1%	$372.40	—	COM	863667101
ABBV	ABBVIE INC	394,664 (-54.3%)	$99.17M (-47.8%)	1.3%	$162.07	—	COM	00287Y109
TJX	TJX COS INC NEW	597,173 (-45.3%)	$90.41M (-48.6%)	1.2%	$78.25	—	COM	872540109
EQIX	EQUINIX INC	105,166 (-46.2%)	$110M (-43.4%)	1.4%	$671.44	—	COM	29444U700
V	VISA INC	510,192 (-39.0%)	$175M (-31.5%)	2.3%	$241.72	—	COM CL A	92826C839
XYL	XYLEM INC	892,400 (-40.8%)	$106M (-42.0%)	1.4%	$102.50	—	COM	98419M100
NOW	SERVICENOW INC	5,030 (-99.3%)	$498K (-99.3%)	0.0%	$174.59	—	COM	81762P102
TT	TRANE TECHNOLOGIES PLC	294,162 (-41.5%)	$144M (-31.7%)	1.9%	$187.57	—	SHS	G8994E103
ORLY	OREILLY AUTOMOTIVE INC	1,057,502 (-39.3%)	$97.34M (-40.0%)	1.3%	$95.03	—	COM	67103H107
PWR	QUANTA SVCS INC	189,788 (-43.7%)	$137M (-26.9%)	1.8%	$423.25	—	COM	74762E102
VEEV	VEEVA SYS INC	357,026 (-43.1%)	$63.3M (-43.1%)	0.8%	$281.43	—	CL A COM	922475108
MSI	MOTOROLA SOLUTIONS INC	17,037 (-85.4%)	$7.085M (-86.2%)	0.1%	$438.07	—	COM NEW	620076307
LNG	CHENIERE ENERGY INC	3,222 (-97.4%)	$770K (-97.9%)	0.0%	$233.89	—	COM NEW	16411R208
BSX	BOSTON SCIENTIFIC CORP	8,568 (-98.0%)	$372K (-98.7%)	0.0%	$97.04	—	COM	101137107
PANW	PALO ALTO NETWORKS INC	826,889 (-47.7%)	$282M (+10.2%)	3.6%	$176.88	—	COM	697435105
AVGO	BROADCOM INC	847,521 (-10.6%)	$319M (+8.8%)	4.1%	$235.81	—	COM	11135F101
LLY	ELI LILLY & CO	164,869 (-31.2%)	$199M (-10.1%)	2.6%	$846.56	—	COM	532457108
MU	MICRON TECHNOLOGY INC	29,372 (-39.1%)	$33.77M (+109.8%)	0.4%	$215.36	—	COM	595112103
MS	MORGAN STANLEY	347,161 (-1.9%)	$73.2M (+27.8%)	0.9%	$149.77	—	COM NEW	617446448
XOM	EXXON MOBIL CORP	67,876 (-38.4%)	$9.257M (-51.1%)	0.1%	$109.17	—	COM	30231G102
CDNS	CADENCE DESIGN SYSTEM INC	100,168 (-1.3%)	$37.37M (+34.5%)	0.5%	$344.03	—	COM	127387108
DELL	DELL TECHNOLOGIES INC	61,298 (-37.8%)	$25.83M (+58.4%)	0.3%	$133.64	—	CL C	24703L202
LOPE	GRAND CANYON ED INC	149,363 (-16.5%)	$21.38M (-30.4%)	0.3%	$119.49	—	COM	38526M106
CRWD	CROWDSTRIKE HLDGS INC	69,581 (-37.5%)	$53.06M (+21.1%)	0.7%	$507.55	—	CL A	22788C105
TSM	TAIWAN SEMICONDUCTOR MANUFAC	108,917 (-14.5%)	$52.01M (+19.8%)	0.7%	$117.66	—	SPONSORED ADS	874039100
BRK/B	BERKSHIRE HATHAWAY INC DEL	31,385 (-35.9%)	$15.67M (-33.7%)	0.2%	$435.64	—	CL B NEW	084670702
BLK	BLACKROCK INC	68,983 (-9.6%)	$66.25M (-10.5%)	0.9%	$1001.45	—	COM	09290D101
MCD	MCDONALDS CORP	49,738 (-24.0%)	$13.45M (-34.4%)	0.2%	$284.06	—	COM	580135101
AMD	ADVANCED MICRO DEVICES INC	16,079 (-11.3%)	$9.226M (+151.0%)	0.1%	$174.56	—	COM	007903107
ACN	ACCENTURE PLC IRELAND	2,507 (-88.6%)	$312K (-92.9%)	0.0%	$273.66	—	SHS CLASS A	G1151C101
CSCO	CISCO SYS INC	162,736 (-15.8%)	$19.11M (+26.7%)	0.2%	$59.76	—	COM	17275R102
BKR	BAKER HUGHES COMPANY	670,687 (-1.3%)	$37.74M (-9.3%)	0.5%	$47.87	—	CL A	05722G100
RTX	RTX CORPORATION	33,334 (-34.4%)	$6.309M (-35.7%)	0.1%	$167.37	—	COM	75513E101
GILD	GILEAD SCIENCES INC	191,290 (-2.3%)	$24.16M (-12.2%)	0.3%	$119.10	—	COM	375558103
INTU	INTUIT	1,570 (-80.2%)	$412K (-88.1%)	0.0%	$612.58	—	COM	461202103
LRCX	LAM RESEARCH CORP	18,205 (-19.2%)	$7.863M (+62.7%)	0.1%	$97.52	—	COM NEW	512807306
DDOG	DATADOG INC	33,844 (-34.2%)	$8.814M (+43.7%)	0.1%	$126.37	—	CL A COM	23804L103
AZO	AUTOZONE INC	497 (-47.2%)	$1.585M (-50.5%)	0.0%	$3848.16	—	COM	053332102
ROK	ROCKWELL AUTOMATION INC	17,279 (-10.8%)	$8.56M (+21.8%)	0.1%	$273.80	—	COM	773903109
AWK	AMERICAN WTR WKS CO INC NEW	46,495 (-16.5%)	$6.118M (-20.0%)	0.1%	$134.58	—	COM	030420103
RMD	RESMED INC	41,381 (-2.0%)	$8.072M (-15.8%)	0.1%	$180.64	—	COM	761152107
SNPS	SYNOPSYS INC	1,918 (-64.1%)	$854K (-59.9%)	0.0%	$551.77	—	COM	871607107
TEL	TE CONNECTIVITY PLC	29,202 (-12.0%)	$5.895M (-15.9%)	0.1%	$146.73	—	ORD SHS	G87052109
NEE	NEXTERA ENERGY INC	20,941 (-33.4%)	$1.834M (-37.6%)	0.0%	$75.49	—	COM	65339F101
SLB	SLB LIMITED	14,671 (-55.8%)	$681K (-60.3%)	0.0%	$41.73	—	COM STK	806857108
ADBE	ADOBE INC	18,047 (-4.9%)	$3.701M (-20.6%)	0.0%	$497.62	—	COM	00724F101
MDT	MEDTRONIC PLC	53,478 (-3.3%)	$4.183M (-13.6%)	0.1%	$82.62	—	SHS	G5960L103
ROST	ROSS STORES INC	5,902 (-30.7%)	$1.254M (-32.5%)	0.0%	$142.19	—	COM	778296103
FPS	FORGENT POWER SOLUTIONS INC	56,850 (-35.4%)	$3.165M (+22.8%)	0.0%	$29.30	—	COM SHS CL A	34631F102
KO	COCA COLA CO	579,437 (-7.6%)	$47.61M (-1.1%)	0.6%	$65.91	—	COM	191216100
CVX	CHEVRON CORPORATION	5,100 (-23.2%)	$852K (-39.2%)	0.0%	$152.00	—	COM	166764100
CW	CURTISS WRIGHT CORP	7,157 (-17.4%)	$5.411M (-8.9%)	0.1%	$471.57	—	COM	231561101
AMGN	AMGEN INC	3,988 (-27.6%)	$1.441M (-26.0%)	0.0%	$302.17	—	COM	031162100
STLA	STELLANTIS N.V	33,991 (-65.6%)	$193K (-72.2%)	0.0%	$12.20	—	SHS	N82405106
META	META PLATFORMS INC	93,382 (-1.2%)	$52.55M (+0.9%)	0.7%	$686.77	—	CL A	30303M102
PDD	PDD HOLDINGS INC	4,000 (-45.2%)	$305K (-59.3%)	0.0%	$131.74	—	SPONSORED ADS	722304102
MET	METLIFE INC	76,883 (-9.7%)	$6.511M (+7.1%)	0.1%	$61.31	—	COM	59156R108
RACE	FERRARI N V	16,522 (-2.6%)	$6.109M (+7.4%)	0.1%	$400.90	—	COM	N3167Y103
MRK	MERCK & CO INC	136,228 (-7.6%)	$17.49M (-2.2%)	0.2%	$102.22	—	COM	58933Y105
TMUS	T-MOBILE US INC	5,431 (-9.9%)	$909K (-28.6%)	0.0%	$238.07	—	COM	872590104
IBN	ICICI BANK LIMITED	11,000 (-57.7%)	$319K (-52.9%)	0.0%	$30.13	—	ADR	45104G104
ABT	ABBOTT LABORATORIES	4,718 (-37.2%)	$433K (-43.9%)	0.0%	$130.61	—	COM	002824100
INFY	INFOSYS LTD	16,000 (-55.6%)	$168K (-65.7%)	0.0%	$16.22	—	SPONSORED ADR	456788108
HDB	HDFC BANK LTD	14,000 (-41.7%)	$361K (-39.8%)	0.0%	$34.05	—	SPONSORED ADS	40415F101
MO	ALTRIA GROUP INC	11,000 (-28.1%)	$809K (-21.5%)	0.0%	$61.64	—	COM	02209S103
DUK	DUKE ENERGY CORP NEW	4,380 (-22.9%)	$562K (-25.3%)	0.0%	$121.39	—	COM NEW	26441C204
ANET	ARISTA NETWORKS INC	11,974 (-31.8%)	$2.012M (-6.9%)	0.0%	$100.98	—	COM SHS	040413205
JNJ	JOHNSON & JOHNSON	36,256 (-2.1%)	$9.219M (+1.6%)	0.1%	$169.57	—	COM	478160104
BABA	ALIBABA GROUP HLDG LTD	3,883 (-2.8%)	$372K (-26.3%)	0.0%	$104.71	—	SPONSORED ADS	01609W102
WM	WASTE MGMT INC DEL	2,918 (-13.4%)	$652K (-16.6%)	0.0%	$223.66	—	COM	94106L109
CL	COLGATE PALMOLIVE CO	37,613 (-2.6%)	$3.45M (+3.7%)	0.0%	$84.24	—	COM	194162103
PCAR	PACCAR INC	4,073 (-19.7%)	$488K (-17.0%)	0.0%	$96.91	—	COM	693718108
RPRX	ROYALTY PHARMA PLC	19,985 (-20.3%)	$1.118M (-7.6%)	0.0%	$32.20	—	SHS CLASS A	G7709Q104
OC	OWENS CORNING NEW	78,255 (-30.8%)	$12.45M (+0.7%)	0.2%	$127.63	—	COM	690742101
ADP	AUTOMATIC DATA PROCESSING IN	1,955 (-23.5%)	$437K (-16.2%)	0.0%	$288.42	—	COM	053015103
CSX	CSX CORP	12,375 (-24.0%)	$587K (-12.5%)	0.0%	$33.93	—	COM	126408103
EMR	EMERSON ELEC CO	7,479 (-14.2%)	$1.069M (-7.0%)	0.0%	$87.12	—	COM	291011104
GE	GE AEROSPACE	1,509 (-11.2%)	$563K (+16.1%)	0.0%	$272.69	—	COM NEW	369604301
FTNT	FORTINET INC	1,455 (-59.0%)	$226K (-20.9%)	0.0%	$89.23	—	COM	34959E109
AKAM	AKAMAI TECHNOLOGIES INC	82,322 (-2.5%)	$9.737M (-0.6%)	0.1%	$82.25	—	COM	00971T101
MAR	MARRIOTT INTL INC NEW	1,764 (-14.5%)	$652K (-3.8%)	0.0%	$267.49	—	CL A	571903202
ABNB	AIRBNB INC	3,339 (-15.2%)	$477K (-4.6%)	0.0%	$129.37	—	COM CL A	009066101
UPS	UNITED PARCEL SVCS INC	4,610 (-14.0%)	$498K (-3.6%)	0.0%	$90.01	—	CL B	911312106
TMO	THERMO FISHER SCIENTIFIC INC	742 (-5.7%)	$371K (-4.1%)	0.0%	$550.71	—	COM	883556102

Unchanged Positions (37)

CMI CUMMINS INC 0.4%

Value $32.11M Shares 46,273 Est. Cost $380.68 Unrealized —

AXP AMERICAN EXPRESS CO 0.5%

Value $39.02M Shares 114,561 Est. Cost $355.90 Unrealized —

C CITIGROUP INC 0.2%

Value $18.65M Shares 132,478 Est. Cost $93.46 Unrealized —

EBAY EBAY INC. 0.3%

Value $22.06M Shares 197,257 Est. Cost $44.04 Unrealized —

PLNT PLANET FITNESS MASTER ISSUER 0.1%

Value $8.703M Shares 166,279 Est. Cost $74.79 Unrealized —

GEN GEN DIGITAL INC 0.2%

Value $14.36M Shares 576,616 Est. Cost $20.31 Unrealized —

AYI ACUITY INC 0.1%

Value $9.736M Shares 25,807 Est. Cost $192.24 Unrealized —

DE DEERE & CO 0.3%

Value $21.74M Shares 34,291 Est. Cost $384.30 Unrealized —

WMS ADVANCED DRAIN SYS INC DEL 0.2%

Value $18.01M Shares 114,578 Est. Cost $96.25 Unrealized —

WAB WABTEC 0.4%

Value $27.39M Shares 101,679 Est. Cost $125.52 Unrealized —

SW SMURFIT WESTROCK PLC 0.1%

Value $8.392M Shares 181,633 Est. Cost $44.00 Unrealized —

CRM SALESFORCE INC 0.1%

Value $6.026M Shares 38,335 Est. Cost $238.92 Unrealized —

FER FERROVIAL NV 0.2%

Value $13.14M Shares 192,004 Est. Cost $64.15 Unrealized —

WDC WESTERN DIGITAL CORP 0.0%

Value $980K Shares 1,538 Est. Cost $251.23 Unrealized —

MA MASTERCARD INCORPORATED 0.3%

Value $26.05M Shares 50,712 Est. Cost $416.24 Unrealized —

TXN TEXAS INSTRS INC 0.0%

Value $1.356M Shares 4,558 Est. Cost $190.38 Unrealized —

QCOM QUALCOMM INC 0.0%

Value $1.248M Shares 6,765 Est. Cost $165.24 Unrealized —

ENSG ENSIGN GROUP INC 0.0%

Value $937K Shares 5,858 Est. Cost $159.28 Unrealized —

LMT LOCKHEED MARTIN CORP 0.0%

Value $1.216M Shares 2,395 Est. Cost $503.25 Unrealized —

ASML ASML HLDG NV 0.0%

Value $723K Shares 364 Est. Cost $964.91 Unrealized —

REGN REGENERON PHARMACEUTICALS 0.0%

Value $422K Shares 678 Est. Cost $936.54 Unrealized —

SBUX STARBUCKS CORP 0.0%

Value $832K Shares 8,161 Est. Cost $88.57 Unrealized —

COP CONOCOPHILLIPS 0.0%

Value $296K Shares 2,858 Est. Cost $93.28 Unrealized —

DASH DOORDASH INC 0.0%

Value $436K Shares 2,368 Est. Cost $250.83 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.0%

Value $427K Shares 9,906 Est. Cost $42.49 Unrealized —

FANG DIAMONDBACK ENERGY INC 0.0%

Value $512K Shares 2,919 Est. Cost $140.85 Unrealized —

CEG CONSTELLATION ENERGY CORP 0.0%

Value $428K Shares 1,728 Est. Cost $322.17 Unrealized —

PM PHILIP MORRIS INTL INC 0.0%

Value $677K Shares 3,750 Est. Cost $165.18 Unrealized —

SUNB SUNBELT RENTALS HOLDINGS INC 0.0%

Value $291K Shares 4,000 Est. Cost $63.18 Unrealized —

AMRZ AMRIZE LTD 0.0%

Value $1.545M Shares 29,092 Est. Cost $51.32 Unrealized —

MMM 3M CO 0.0%

Value $244K Shares 1,511 Est. Cost $153.11 Unrealized —

AON AON PLC 0.0%

Value $1.129M Shares 3,402 Est. Cost $303.19 Unrealized —

LOW LOWES COS INC 0.0%

Value $220K Shares 1,000 Est. Cost $244.20 Unrealized —

WBD WARNER BROS DISCOVERY INC 0.0%

Value $442K Shares 16,595 Est. Cost $23.37 Unrealized —

CLX CLOROX CO DEL 0.0%

Value $219K Shares 2,250 Est. Cost $122.24 Unrealized —

MDLZ MONDELEZ INTL INC 0.1%

Value $4.158M Shares 72,050 Est. Cost $63.29 Unrealized —

BIDU BAIDU INC 0.0%

Value $280K Shares 2,450 Est. Cost $91.94 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CMI	CUMMINS INC	46,273	$32.11M	0.4%	$380.68	—	COM	231021106
AXP	AMERICAN EXPRESS CO	114,561	$39.02M	0.5%	$355.90	—	COM	025816109
C	CITIGROUP INC	132,478	$18.65M	0.2%	$93.46	—	COM NEW	172967424
EBAY	EBAY INC.	197,257	$22.06M	0.3%	$44.04	—	COM	278642103
PLNT	PLANET FITNESS MASTER ISSUER	166,279	$8.703M	0.1%	$74.79	—	CL A	72703H101
GEN	GEN DIGITAL INC	576,616	$14.36M	0.2%	$20.31	—	COM	668771108
AYI	ACUITY INC	25,807	$9.736M	0.1%	$192.24	—	COM	00508Y102
DE	DEERE & CO	34,291	$21.74M	0.3%	$384.30	—	COM	244199105
WMS	ADVANCED DRAIN SYS INC DEL	114,578	$18.01M	0.2%	$96.25	—	COM	00790R104
WAB	WABTEC	101,679	$27.39M	0.4%	$125.52	—	COM	929740108
SW	SMURFIT WESTROCK PLC	181,633	$8.392M	0.1%	$44.00	—	SHS	G8267P108
CRM	SALESFORCE INC	38,335	$6.026M	0.1%	$238.92	—	COM	79466L302
FER	FERROVIAL NV	192,004	$13.14M	0.2%	$64.15	—	ORD SHS	N3168P101
WDC	WESTERN DIGITAL CORP	1,538	$980K	0.0%	$251.23	—	COM	958102105
MA	MASTERCARD INCORPORATED	50,712	$26.05M	0.3%	$416.24	—	CL A	57636Q104
TXN	TEXAS INSTRS INC	4,558	$1.356M	0.0%	$190.38	—	COM	882508104
QCOM	QUALCOMM INC	6,765	$1.248M	0.0%	$165.24	—	COM	747525103
ENSG	ENSIGN GROUP INC	5,858	$937K	0.0%	$159.28	—	COM	29358P101
LMT	LOCKHEED MARTIN CORP	2,395	$1.216M	0.0%	$503.25	—	COM	539830109
ASML	ASML HLDG NV	364	$723K	0.0%	$964.91	—	N Y REGISTRY SHS	N07059210
REGN	REGENERON PHARMACEUTICALS	678	$422K	0.0%	$936.54	—	COM	75886F107
SBUX	STARBUCKS CORP	8,161	$832K	0.0%	$88.57	—	COM	855244109
COP	CONOCOPHILLIPS	2,858	$296K	0.0%	$93.28	—	COM	20825C104
DASH	DOORDASH INC	2,368	$436K	0.0%	$250.83	—	CL A	25809K105
VZ	VERIZON COMMUNICATIONS INC	9,906	$427K	0.0%	$42.49	—	COM	92343V104
FANG	DIAMONDBACK ENERGY INC	2,919	$512K	0.0%	$140.85	—	COM	25278X109
CEG	CONSTELLATION ENERGY CORP	1,728	$428K	0.0%	$322.17	—	COM	21037T109
PM	PHILIP MORRIS INTL INC	3,750	$677K	0.0%	$165.18	—	COM	718172109
SUNB	SUNBELT RENTALS HOLDINGS INC	4,000	$291K	0.0%	$63.18	—	SHS	866966104
AMRZ	AMRIZE LTD	29,092	$1.545M	0.0%	$51.32	—	SHS	H2927K103
MMM	3M CO	1,511	$244K	0.0%	$153.11	—	COM	88579Y101
AON	AON PLC	3,402	$1.129M	0.0%	$303.19	—	SHS CL A	G0403H108
LOW	LOWES COS INC	1,000	$220K	0.0%	$244.20	—	COM	548661107
WBD	WARNER BROS DISCOVERY INC	16,595	$442K	0.0%	$23.37	—	COM SER A	934423104
CLX	CLOROX CO DEL	2,250	$219K	0.0%	$122.24	—	COM	189054109
MDLZ	MONDELEZ INTL INC	72,050	$4.158M	0.1%	$63.29	—	CL A	609207105
BIDU	BAIDU INC	2,450	$280K	0.0%	$91.94	—	SPON ADR REP A	056752108