Egerton Capital (UK) LLP Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCO	MOODYS CORP	773,409	$395,096	4.3%	$487.35	0.0%	COM	615369105
GOOG	ALPHABET INC	1,078,768	$338,517	3.7%	$286.33	0.0%	CAP STK CL C	02079K107
VMC	VULCAN MATLS CO	960,173	$273,861	3.0%	$293.14	0.0%	COM	929160109
WYNN	WYNN RESORTS LTD	2,069,751	$249,053	2.7%	$123.55	0.0%	COM	983134107
UBER	UBER TECHNOLOGIES INC	2,681,172	$219,079	2.4%	$90.05	0.0%	COM	90353T100
RNR	RENAISSANCERE HLDGS LTD	490,626	$137,944	1.5%	$263.15	0.0%	COM	G7496G103
NYT	NEW YORK TIMES CO	1,410,003	$97,882	1.1%	$61.82	0.0%	CL A	650111107
LPLA	LPL FINL HLDGS INC	254,813	$91,012	1.0%	$353.69	0.0%	COM	50212V100

Increased Positions (6)

AMZN AMAZON COM INC 14.8%

Value ($000) $1,360,106 (+52.8%) Shares 5,892,496 (+45.4%) Est. Cost $197.39 Unrealized +15.9%

V VISA INC 12.5%

Value ($000) $1,147,172 (+41.0%) Shares 3,270,999 (+37.2%) Est. Cost $307.23 Unrealized +10.8%

CRS CARPENTER TECHNOLOGY CORP 5.3%

Value ($000) $488,950 (+44.9%) Shares 1,553,012 (+13.0%) Est. Cost $205.62 Unrealized +46.2%

EMBJ EMBRAER S.A. 2.3%

Value ($000) $211,014 (+64.9%) Shares 3,278,140 (+54.8%) Est. Cost $61.84 Unrealized —

IBKR INTERACTIVE BROKERS GROUP IN 4.9%

Value ($000) $446,284 (+3.7%) Shares 6,939,581 (+11.0%) Est. Cost $44.75 Unrealized +49.5%

BSX BOSTON SCIENTIFIC CORP 5.6%

Value ($000) $513,468 (-1.0%) Shares 5,385,084 (+1.4%) Est. Cost $102.76 Unrealized -4.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON COM INC	5,892,496 (+45.4%)	$1,360,106 (+52.8%)	14.8%	$197.39	+15.9%	COM	023135106
V	VISA INC	3,270,999 (+37.2%)	$1,147,172 (+41.0%)	12.5%	$307.23	+10.8%	COM CL A	92826C839
CRS	CARPENTER TECHNOLOGY CORP	1,553,012 (+13.0%)	$488,950 (+44.9%)	5.3%	$205.62	+46.2%	COM	144285103
EMBJ	EMBRAER S.A.	3,278,140 (+54.8%)	$211,014 (+64.9%)	2.3%	$61.84	—	SPONSORED ADS	29082A107
IBKR	INTERACTIVE BROKERS GROUP IN	6,939,581 (+11.0%)	$446,284 (+3.7%)	4.9%	$44.75	+49.5%	COM CL A	45841N107
BSX	BOSTON SCIENTIFIC CORP	5,385,084 (+1.4%)	$513,468 (-1.0%)	5.6%	$102.76	-4.6%	COM	101137107

Exited Positions (9)

PGR PROGRESSIVE CORP 6.9%

Value ($000) $639,264 Shares 2,588,638 Est. Cost $202.44 Unrealized +4.9%

META META PLATFORMS INC 4.3%

Value ($000) $397,422 Shares 541,167 Est. Cost $196.08 Unrealized +240.3%

FLUT FLUTTER ENTMT PLC 3.9%

Value ($000) $358,653 Shares 1,412,018 Est. Cost $209.06 Unrealized +7.6%

ACGL ARCH CAP GROUP LTD 3.5%

Value ($000) $318,270 Shares 3,507,882 Est. Cost $82.33 Unrealized +11.1%

ICE INTERCONTINENTAL EXCHANGE IN 1.9%

Value ($000) $174,579 Shares 1,036,199 Est. Cost $158.20 Unrealized -1.3%

CP CANADIAN PACIFIC KANSAS CITY 1.6%

Value ($000) $150,940 Shares 2,026,311 Est. Cost $77.43 Unrealized -4.9%

ARMK ARAMARK 1.3%

Value ($000) $123,041 Shares 3,204,201 Est. Cost $36.28 Unrealized +4.5%

TRU TRANSUNION 1.3%

Value ($000) $122,742 Shares 1,465,050 Est. Cost $90.58 Unrealized -9.4%

FCNCA FIRST CTZNS BANCSHARES INC D 0.9%

Value ($000) $84,778 Shares 47,384 Est. Cost $1026.72 Unrealized +83.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PGR	PROGRESSIVE CORP	2,588,638	$639,264	6.9%	$202.44	+4.9%	—	743315103
META	META PLATFORMS INC	541,167	$397,422	4.3%	$196.08	+240.3%	—	30303M102
FLUT	FLUTTER ENTMT PLC	1,412,018	$358,653	3.9%	$209.06	+7.6%	—	G3643J108
ACGL	ARCH CAP GROUP LTD	3,507,882	$318,270	3.5%	$82.33	+11.1%	—	G0450A105
ICE	INTERCONTINENTAL EXCHANGE IN	1,036,199	$174,579	1.9%	$158.20	-1.3%	—	45866F104
CP	CANADIAN PACIFIC KANSAS CITY	2,026,311	$150,940	1.6%	$77.43	-4.9%	—	13646K108
ARMK	ARAMARK	3,204,201	$123,041	1.3%	$36.28	+4.5%	—	03852U106
TRU	TRANSUNION	1,465,050	$122,742	1.3%	$90.58	-9.4%	—	89400J107
FCNCA	FIRST CTZNS BANCSHARES INC D	47,384	$84,778	0.9%	$1026.72	+83.5%	—	31946M103

Decreased Positions (5)

FERG FERGUSON ENTERPRISES INC 2.4%

Value ($000) $224,481 (-61.6%) Shares 1,008,314 (-61.2%) Est. Cost $188.07 Unrealized +26.5%

CRH CRH PLC 3.1%

Value ($000) $282,180 (-44.8%) Shares 2,261,060 (-46.9%) Est. Cost $65.75 Unrealized +81.2%

STX SEAGATE TECHNOLOGY HLDNGS PL 2.2%

Value ($000) $200,849 (-46.6%) Shares 729,325 (-54.2%) Est. Cost $102.43 Unrealized +152.8%

MSFT MICROSOFT CORP 9.2%

Value ($000) $845,685 (-9.8%) Shares 1,748,656 (-3.4%) Est. Cost $313.02 Unrealized +59.9%

APH AMPHENOL CORP NEW 5.4%

Value ($000) $501,087 (+5.9%) Shares 3,707,911 (-3.0%) Est. Cost $79.89 Unrealized +67.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FERG	FERGUSON ENTERPRISES INC	1,008,314 (-61.2%)	$224,481 (-61.6%)	2.4%	$188.07	+26.5%	COMMON STOCK NEW	31488V107
CRH	CRH PLC	2,261,060 (-46.9%)	$282,180 (-44.8%)	3.1%	$65.75	+81.2%	ORD	G25508105
STX	SEAGATE TECHNOLOGY HLDNGS PL	729,325 (-54.2%)	$200,849 (-46.6%)	2.2%	$102.43	+152.8%	ORD SHS	G7997R103
MSFT	MICROSOFT CORP	1,748,656 (-3.4%)	$845,685 (-9.8%)	9.2%	$313.02	+59.9%	COM	594918104
APH	AMPHENOL CORP NEW	3,707,911 (-3.0%)	$501,087 (+5.9%)	5.4%	$79.89	+67.2%	CL A	032095101

Unchanged Positions (4)

COF CAPITAL ONE FINL CORP 5.5%

Value ($000) $501,474 Shares 2,069,130 Est. Cost $179.56 Unrealized +23.7%

LAMR LAMAR ADVERTISING CO NEW 1.0%

Value ($000) $91,401 Shares 722,083 Est. Cost $122.42 Unrealized —

CME CME GROUP INC 3.5%

Value ($000) $322,178 Shares 1,179,792 Est. Cost $229.73 Unrealized +17.9%

MA MASTERCARD INCORPORATED 2.8%

Value ($000) $261,658 Shares 458,342 Est. Cost $416.81 Unrealized +34.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
COF	CAPITAL ONE FINL CORP	2,069,130	$501,474	5.5%	$179.56	+23.7%	COM	14040H105
LAMR	LAMAR ADVERTISING CO NEW	722,083	$91,401	1.0%	$122.42	—	CL A	512816109
CME	CME GROUP INC	1,179,792	$322,178	3.5%	$229.73	+17.9%	COM	12572Q105
MA	MASTERCARD INCORPORATED	458,342	$261,658	2.8%	$416.81	+34.1%	CL A	57636Q104