Premier Fund Managers Ltd Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MDLN	MEDLINE INC	386,922	$16	1.2%	$44.84	0.0%	COM CL A	58507V107
LYB	LYONDELLBASELL INDUSTRIES NV	196,500	$16	1.1%	$52.41	0.0%	SHS - A -	N53745100
DOW	DOW HLDGS INC	373,000	$16	1.1%	$29.05	0.0%	COM	260557103
FANG	DIAMONDBACK ENERGY INC	73,000	$15	1.0%	$159.83	0.0%	COM	25278X109
OKE	ONEOK INC NEW	154,600	$14	1.0%	$78.53	0.0%	COM	682680103
MCO	MOODYS CORP	31,724	$14	1.0%	$489.58	0.0%	COM	615369105
CASY	CASEYS GEN STORES INC	16,158	$11	0.8%	$631.07	0.0%	COM	147528103
NTR	NUTRIEN LTD	103,511	$8	0.6%	$68.11	0.0%	COM	67077M108
FIX	COMFORT SYS USA INC	4,750	$6	0.4%	$1196.06	0.0%	COM	199908104
JBL	JABIL INC	24,250	$6	0.4%	$248.04	0.0%	COM	466313103
BWXT	BWX TECHNOLOGIES INC	30,900	$6	0.4%	$202.99	0.0%	COM	05605H100
FDX	FEDEX CORP	16,500	$6	0.4%	$338.93	0.0%	COM	31428X106
EME	EMCOR GROUP INC	7,850	$6	0.4%	$726.67	0.0%	COM	29084Q100
MLI	MUELLER INDS INC	50,000	$5	0.4%	$124.38	0.0%	COM	624756102
XOM	EXXON MOBIL CORP	27,221	$5	0.3%	$138.74	0.0%	COM	30231G102
CVX	CHEVRON CORPORATION	21,617	$5	0.3%	$171.87	0.0%	COM	166764100
FN	FABRINET	7,200	$4	0.3%	$492.64	0.0%	SHS	G3323L100
CSTM	CONSTELLIUM SE	128,865	$3	0.2%	$23.19	0.0%	CL A SHS	F21107101
SOLS	SOLSTICE ADVANCED MATLS INC	38,793	$3	0.2%	$65.21	0.0%	COM SHS	83443Q103
KEYS	KEYSIGHT TECHNOLOGIES INC	9,445	$3	0.2%	$228.24	0.0%	COM	49338L103
WMB	WILLIAMS COS INC	25,000	$2	0.1%	$66.35	0.0%	COM	969457100
LITE	LUMENTUM HLDGS INC	2,208	$1	0.1%	$467.14	0.0%	COM	55024U109
COHR	COHERENT CORP	5,638	$1	0.1%	$213.35	0.0%	COM	19247G107
ECVT	ECOVYST INC	19,890	$0	0.0%	$10.96	0.0%	COM	27923Q109
WST	WEST PHARMACEUTICAL SVSC INC	906	$0	0.0%	$251.95	0.0%	COM	955306105
HAE	HAEMONETICS CORP MASS	3,702	$0	0.0%	$68.20	0.0%	COM	405024100
KN	KNOWLES CORP	6,428	$0	0.0%	$25.21	0.0%	COM	49926D109
BKU	BANKUNITED INC	3,563	$0	0.0%	$47.82	0.0%	COM	06652K103
IPGP	IPG PHOTONICS CORP	1,393	$0	0.0%	$101.69	0.0%	COM	44980X109
TTI	TETRA TECHNOLOGIES INC DEL	15,606	$0	0.0%	$11.03	0.0%	COM	88162F105

Increased Positions (23)

MO ALTRIA GROUP INC 0.9%

Value ($000) $13 (+648.2%) Shares 193,500 (+545.0%) Est. Cost $60.94 Unrealized +3.4%

JNJ JOHNSON & JOHNSON 1.4%

Value ($000) $20 (+125.8%) Shares 80,539 (+92.7%) Est. Cost $211.86 Unrealized +7.6%

KEX KIRBY CORP 0.6%

Value ($000) $9 (+1112.4%) Shares 67,220 (+903.1%) Est. Cost $120.46 Unrealized +3.4%

MANH MANHATTAN ASSOCIATES INC 1.7%

Value ($000) $24 (-20.1%) Shares 182,276 (+7.0%) Est. Cost $216.37 Unrealized -28.0%

DEC DIVERSIFIED ENERGY CO 1.2%

Value ($000) $17 (+36.9%) Shares 893,112 (+6.5%) Est. Cost $13.80 Unrealized -4.0%

SLB SLB LIMITED 0.9%

Value ($000) $13 (+35.8%) Shares 260,400 (+1.6%) Est. Cost $36.25 Unrealized +33.2%

EIX EDISON INTL 1.0%

Value ($000) $14 (+32.1%) Shares 193,000 (+10.9%) Est. Cost $58.05 Unrealized +11.4%

ENB ENBRIDGE INC 1.5%

Value ($000) $21 (+18.3%) Shares 380,468 (+4.7%) Est. Cost $37.67 Unrealized +28.9%

PM PHILIP MORRIS INTL INC 0.3%

Value ($000) $4 (+524.2%) Shares 22,226 (+513.0%) Est. Cost $174.16 Unrealized +1.0%

KO COCA COLA CO 0.3%

Value ($000) $5 (+204.8%) Shares 59,018 (+180.1%) Est. Cost $70.79 Unrealized +5.6%

LIN LINDE PLC 1.0%

Value ($000) $14 (+23.2%) Shares 28,991 (+5.7%) Est. Cost $356.98 Unrealized +28.9%

TRP TC ENERGY CORP 1.1%

Value ($000) $15 (+19.9%) Shares 242,607 (+6.8%) Est. Cost $46.02 Unrealized +26.5%

BMY BRISTOL-MYERS SQUIBB CO 1.0%

Value ($000) $14 (+16.9%) Shares 227,500 (+6.1%) Est. Cost $48.09 Unrealized +19.4%

PFE PFIZER INC 0.9%

Value ($000) $13 (+17.4%) Shares 461,800 (+5.7%) Est. Cost $25.10 Unrealized +4.3%

INTC INTEL CORP 0.8%

Value ($000) $11 (+20.5%) Shares 261,000 (+9.2%) Est. Cost $26.10 Unrealized +77.9%

MRK MERCK & CO INC 0.9%

Value ($000) $13 (+15.0%) Shares 111,020 (+3.3%) Est. Cost $93.91 Unrealized +21.7%

IDXX IDEXX LABS INC 1.4%

Value ($000) $20 (-5.3%) Shares 36,004 (+16.0%) Est. Cost $496.71 Unrealized +34.9%

VST VISTRA CORP 0.2%

Value ($000) $3 (+41.0%) Shares 23,311 (+55.4%) Est. Cost $165.57 Unrealized -1.4%

CNP CENTERPOINT ENERGY INC 0.2%

Value ($000) $2 (+32.5%) Shares 50,000 (+19.0%) Est. Cost $37.85 Unrealized +5.7%

NVDA NVIDIA CORPORATION 1.5%

Value ($000) $22 (-2.0%) Shares 132,541 (+11.3%) Est. Cost $177.16 Unrealized +5.3%

VCEL VERICEL CORP 0.0%

Value ($000) $0 (+694.4%) Shares 4,683 (+867.6%) Est. Cost $38.22 Unrealized -2.8%

LMAT LEMAITRE VASCULAR INC 0.0%

Value ($000) $0 (+70.8%) Shares 2,729 (+32.6%) Est. Cost $77.13 Unrealized +13.0%

POWI POWER INTEGRATIONS INC 0.0%

Value ($000) $0 (+50.7%) Shares 4,788 (+13.6%) Est. Cost $49.91 Unrealized -10.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MO	ALTRIA GROUP INC	193,500 (+545.0%)	$13 (+648.2%)	0.9%	$60.94	+3.4%	COM	02209S103
JNJ	JOHNSON & JOHNSON	80,539 (+92.7%)	$20 (+125.8%)	1.4%	$211.86	+7.6%	COM	478160104
KEX	KIRBY CORP	67,220 (+903.1%)	$9 (+1112.4%)	0.6%	$120.46	+3.4%	COM	497266106
MANH	MANHATTAN ASSOCIATES INC	182,276 (+7.0%)	$24 (-20.1%)	1.7%	$216.37	-28.0%	COM	562750109
DEC	DIVERSIFIED ENERGY CO	893,112 (+6.5%)	$17 (+36.9%)	1.2%	$13.80	-4.0%	COMMON STOCK	25520W107
SLB	SLB LIMITED	260,400 (+1.6%)	$13 (+35.8%)	0.9%	$36.25	+33.2%	COM STK	806857108
EIX	EDISON INTL	193,000 (+10.9%)	$14 (+32.1%)	1.0%	$58.05	+11.4%	COM	281020107
ENB	ENBRIDGE INC	380,468 (+4.7%)	$21 (+18.3%)	1.5%	$37.67	+28.9%	COM	29250N105
PM	PHILIP MORRIS INTL INC	22,226 (+513.0%)	$4 (+524.2%)	0.3%	$174.16	+1.0%	COM	718172109
KO	COCA COLA CO	59,018 (+180.1%)	$5 (+204.8%)	0.3%	$70.79	+5.6%	COM	191216100
LIN	LINDE PLC	28,991 (+5.7%)	$14 (+23.2%)	1.0%	$356.98	+28.9%	SHS	G54950103
TRP	TC ENERGY CORP	242,607 (+6.8%)	$15 (+19.9%)	1.1%	$46.02	+26.5%	COM	87807B107
BMY	BRISTOL-MYERS SQUIBB CO	227,500 (+6.1%)	$14 (+16.9%)	1.0%	$48.09	+19.4%	COM	110122108
PFE	PFIZER INC	461,800 (+5.7%)	$13 (+17.4%)	0.9%	$25.10	+4.3%	COM	717081103
INTC	INTEL CORP	261,000 (+9.2%)	$11 (+20.5%)	0.8%	$26.10	+77.9%	COM	458140100
MRK	MERCK & CO INC	111,020 (+3.3%)	$13 (+15.0%)	0.9%	$93.91	+21.7%	COM	58933Y105
IDXX	IDEXX LABS INC	36,004 (+16.0%)	$20 (-5.3%)	1.4%	$496.71	+34.9%	COM	45168D104
VST	VISTRA CORP	23,311 (+55.4%)	$3 (+41.0%)	0.2%	$165.57	-1.4%	COM	92840M102
CNP	CENTERPOINT ENERGY INC	50,000 (+19.0%)	$2 (+32.5%)	0.2%	$37.85	+5.7%	COM	15189T107
NVDA	NVIDIA CORPORATION	132,541 (+11.3%)	$22 (-2.0%)	1.5%	$177.16	+5.3%	COM	67066G104
VCEL	VERICEL CORP	4,683 (+867.6%)	$0 (+694.4%)	0.0%	$38.22	-2.8%	COM	92346J108
LMAT	LEMAITRE VASCULAR INC	2,729 (+32.6%)	$0 (+70.8%)	0.0%	$77.13	+13.0%	COM	525558201
POWI	POWER INTEGRATIONS INC	4,788 (+13.6%)	$0 (+50.7%)	0.0%	$49.91	-10.5%	COM	739276103

Exited Positions (17)

CBZ CBIZ INC 2.2%

Value ($000) $32 Shares 614,524 Est. Cost $56.25 Unrealized -28.1%

MSFT MICROSOFT CORP 2.2%

Value ($000) $31 Shares 63,225 Est. Cost $288.06 Unrealized +50.9%

ICE INTERCONTINENTAL EXCHANGE IN 0.9%

Value ($000) $12 Shares 76,124 Est. Cost $114.36 Unrealized +44.3%

MORN MORNINGSTAR INC 0.9%

Value ($000) $12 Shares 56,272 Est. Cost $331.79 Unrealized -42.7%

UPS UNITED PARCEL SERVICE INC 0.8%

Value ($000) $12 Shares 116,000 Est. Cost $92.75 Unrealized +18.5%

MS MORGAN STANLEY 0.8%

Value ($000) $11 Shares 62,200 Est. Cost $166.47 Unrealized +7.9%

VERX VERTEX INC 0.6%

Value ($000) $9 Shares 453,303 Est. Cost $38.74 Unrealized -56.5%

GE GE AEROSPACE 0.6%

Value ($000) $9 Shares 27,260 Est. Cost $177.15 Unrealized +79.6%

MMM 3M CO 0.6%

Value ($000) $8 Shares 51,140 Est. Cost $128.38 Unrealized +27.7%

VRSK VERISK ANALYTICS INC 0.2%

Value ($000) $2 Shares 10,550 Est. Cost $225.29 Unrealized -9.6%

CCI CROWN CASTLE INC 0.1%

Value ($000) $1 Shares 8,000 Est. Cost $110.06 Unrealized -19.4%

MMSI MERIT MED SYS INC 0.0%

Value ($000) $1 Shares 6,845 Est. Cost $98.49 Unrealized -16.0%

HAYW HAYWARD HLDGS INC 0.0%

Value ($000) $1 Shares 34,504 Est. Cost $22.33 Unrealized -27.1%

VRRM VERRA MOBILITY CORP 0.0%

Value ($000) $1 Shares 22,946 Est. Cost $17.59 Unrealized +14.7%

CADE CADENCE BANK 0.0%

Value ($000) $0 Shares 7,793 Est. Cost $33.48 Unrealized +31.3%

ZTS ZOETIS INC 0.0%

Value ($000) $0 Shares 2,500 Est. Cost $158.18 Unrealized -20.4%

CWAN CLEARWATER ANALYTICS HLDGS I 0.0%

Value ($000) $0 Shares 6,747 Est. Cost $18.30 Unrealized +30.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CBZ	CBIZ INC	614,524	$32	2.2%	$56.25	-28.1%	—	124805102
MSFT	MICROSOFT CORP	63,225	$31	2.2%	$288.06	+50.9%	—	594918104
ICE	INTERCONTINENTAL EXCHANGE IN	76,124	$12	0.9%	$114.36	+44.3%	—	45866F104
MORN	MORNINGSTAR INC	56,272	$12	0.9%	$331.79	-42.7%	—	617700109
UPS	UNITED PARCEL SERVICE INC	116,000	$12	0.8%	$92.75	+18.5%	—	911312106
MS	MORGAN STANLEY	62,200	$11	0.8%	$166.47	+7.9%	—	617446448
VERX	VERTEX INC	453,303	$9	0.6%	$38.74	-56.5%	—	92538J106
GE	GE AEROSPACE	27,260	$9	0.6%	$177.15	+79.6%	—	369604301
MMM	3M CO	51,140	$8	0.6%	$128.38	+27.7%	—	88579Y101
VRSK	VERISK ANALYTICS INC	10,550	$2	0.2%	$225.29	-9.6%	—	92345Y106
CCI	CROWN CASTLE INC	8,000	$1	0.1%	$110.06	-19.4%	—	22822V101
MMSI	MERIT MED SYS INC	6,845	$1	0.0%	$98.49	-16.0%	—	589889104
HAYW	HAYWARD HLDGS INC	34,504	$1	0.0%	$22.33	-27.1%	—	421298100
VRRM	VERRA MOBILITY CORP	22,946	$1	0.0%	$17.59	+14.7%	—	92511U102
CADE	CADENCE BANK	7,793	$0	0.0%	$33.48	+31.3%	—	12740C103
ZTS	ZOETIS INC	2,500	$0	0.0%	$158.18	-20.4%	—	98978V103
CWAN	CLEARWATER ANALYTICS HLDGS I	6,747	$0	0.0%	$18.30	+30.2%	—	185123106

Decreased Positions (107)

INTU INTUIT 0.6%

Value ($000) $9 (-72.4%) Shares 20,995 (-56.9%) Est. Cost $719.44 Unrealized -30.8%

ROP ROPER TECHNOLOGIES INC 1.9%

Value ($000) $27 (-39.4%) Shares 76,276 (-22.5%) Est. Cost $537.90 Unrealized -29.7%

V VISA INC 2.6%

Value ($000) $37 (-31.5%) Shares 124,972 (-19.1%) Est. Cost $212.40 Unrealized +55.0%

UNP UNION PAC CORP 1.6%

Value ($000) $22 (-42.6%) Shares 91,762 (-44.1%) Est. Cost $194.07 Unrealized +25.4%

ICFI ICF INTL INC 0.5%

Value ($000) $7 (-70.9%) Shares 101,030 (-61.7%) Est. Cost $141.92 Unrealized -38.3%

JPM JPMORGAN CHASE & CO 0.8%

Value ($000) $12 (-56.4%) Shares 40,941 (-50.3%) Est. Cost $177.47 Unrealized +75.5%

TTEK TETRA TECH INC NEW 1.7%

Value ($000) $24 (-37.9%) Shares 805,589 (-29.1%) Est. Cost $40.05 Unrealized -7.9%

BABA ALIBABA GROUP HLDG LTD 0.3%

Value ($000) $4 (-78.5%) Shares 32,786 (-74.0%) Est. Cost $0.15 Unrealized —

GOOGL ALPHABET INC 0.7%

Value ($000) $10 (-57.7%) Shares 38,169 (-51.5%) Est. Cost $209.20 Unrealized +54.5%

IQV IQVIA HLDGS INC 1.6%

Value ($000) $23 (-37.6%) Shares 139,028 (-14.5%) Est. Cost $184.03 Unrealized +14.2%

TYL TYLER TECHNOLOGIES INC 1.7%

Value ($000) $25 (-34.1%) Shares 71,859 (-11.5%) Est. Cost $566.34 Unrealized -32.0%

CPAY CORPAY INC 1.9%

Value ($000) $26 (-31.7%) Shares 90,652 (-28.3%) Est. Cost $326.14 Unrealized +0.4%

MAR MARRIOTT INTL INC NEW 1.5%

Value ($000) $21 (-35.2%) Shares 64,614 (-36.3%) Est. Cost $175.45 Unrealized +88.5%

WTFC WINTRUST FINL CORP 1.8%

Value ($000) $25 (-30.9%) Shares 187,772 (-27.0%) Est. Cost $88.50 Unrealized +69.5%

FUL FULLER H B CO 1.7%

Value ($000) $24 (-31.6%) Shares 407,705 (-30.6%) Est. Cost $58.41 Unrealized +8.5%

BFAM BRIGHT HORIZONS FAM SOL IN D 1.9%

Value ($000) $27 (-25.5%) Shares 336,043 (-5.9%) Est. Cost $122.71 Unrealized -27.8%

CMG CHIPOTLE MEXICAN GRILL INC 0.9%

Value ($000) $12 (-42.2%) Shares 390,135 (-31.3%) Est. Cost $55.23 Unrealized -29.8%

IEX IDEX CORP 1.6%

Value ($000) $23 (-27.1%) Shares 126,647 (-28.8%) Est. Cost $212.06 Unrealized -6.1%

SITE SITEONE LANDSCAPE SUPPLY INC 1.9%

Value ($000) $27 (-24.0%) Shares 205,358 (-26.0%) Est. Cost $131.57 Unrealized +10.7%

ROL ROLLINS INC 1.7%

Value ($000) $25 (-25.5%) Shares 463,979 (-15.2%) Est. Cost $41.87 Unrealized +47.7%

RJF RAYMOND JAMES FINL INC 1.8%

Value ($000) $25 (-25.0%) Shares 175,502 (-13.5%) Est. Cost $83.52 Unrealized +98.0%

WCN WASTE CONNECTIONS INC 2.1%

Value ($000) $30 (-20.6%) Shares 186,218 (-12.6%) Est. Cost $120.62 Unrealized +38.8%

AVGO BROADCOM INC 0.5%

Value ($000) $7 (-50.5%) Shares 25,504 (-40.9%) Est. Cost $172.10 Unrealized +94.2%

DSGX DESCARTES SYS GROUP INC 1.6%

Value ($000) $23 (-24.8%) Shares 317,515 (-6.8%) Est. Cost $55.18 Unrealized +37.0%

GD GENERAL DYNAMICS CORP 0.2%

Value ($000) $3 (-68.0%) Shares 9,790 (-68.2%) Est. Cost $277.57 Unrealized +27.7%

MA MASTERCARD INCORPORATED 0.6%

Value ($000) $8 (-46.6%) Shares 15,785 (-37.6%) Est. Cost $446.03 Unrealized +20.9%

STE STERIS PLC 2.0%

Value ($000) $28 (-19.2%) Shares 129,162 (-6.0%) Est. Cost $178.78 Unrealized +42.9%

LYV LIVE NATION ENTERTAINMENT IN 1.2%

Value ($000) $17 (-26.5%) Shares 117,682 (-28.7%) Est. Cost $59.93 Unrealized +147.5%

SCI SERVICE CORP INTL 3.1%

Value ($000) $44 (-12.3%) Shares 545,761 (-15.8%) Est. Cost $69.21 Unrealized +17.0%

AJG GALLAGHER ARTHUR J & CO 1.5%

Value ($000) $21 (-22.4%) Shares 99,264 (-5.9%) Est. Cost $184.71 Unrealized +30.2%

CBRE CBRE GROUP INC 1.4%

Value ($000) $20 (-23.2%) Shares 149,206 (-5.9%) Est. Cost $63.48 Unrealized +154.2%

UNH UNITEDHEALTH GROUP INC 0.7%

Value ($000) $10 (-36.4%) Shares 38,136 (-19.3%) Est. Cost $298.94 Unrealized +3.3%

HQY HEALTHEQUITY INC 1.7%

Value ($000) $23 (-18.0%) Shares 287,847 (-6.9%) Est. Cost $99.44 Unrealized -16.4%

DXCM DEXCOM INC 0.6%

Value ($000) $8 (-36.9%) Shares 135,871 (-31.6%) Est. Cost $78.59 Unrealized -9.8%

META META PLATFORMS INC 0.7%

Value ($000) $10 (-29.3%) Shares 18,676 (-12.2%) Est. Cost $452.68 Unrealized +44.8%

DASH DOORDASH INC 0.2%

Value ($000) $2 (-64.1%) Shares 15,496 (-44.6%) Est. Cost $234.56 Unrealized -16.2%

SHOP SHOPIFY INC 0.4%

Value ($000) $5 (-43.3%) Shares 47,012 (-17.0%) Est. Cost $113.05 Unrealized +20.7%

USFD US FOODS HLDG CORP 1.9%

Value ($000) $27 (+15.4%) Shares 302,241 (-3.7%) Est. Cost $75.09 Unrealized +15.4%

PB PROSPERITY BANCSHARES INC 1.8%

Value ($000) $25 (-11.6%) Shares 381,757 (-5.9%) Est. Cost $58.55 Unrealized +23.2%

VMC VULCAN MATLS CO 1.5%

Value ($000) $21 (-13.2%) Shares 77,818 (-6.1%) Est. Cost $162.26 Unrealized +89.1%

SE SEA LTD 0.1%

Value ($000) $2 (-66.8%) Shares 19,668 (-45.6%) Est. Cost $0.16 Unrealized —

KNSL KINSALE CAP GROUP INC 0.8%

Value ($000) $11 (-21.3%) Shares 33,888 (-7.6%) Est. Cost $464.77 Unrealized -15.3%

SCHW SCHWAB CHARLES CORP 1.3%

Value ($000) $18 (-12.9%) Shares 198,240 (-5.9%) Est. Cost $70.71 Unrealized +41.6%

SYK STRYKER CORPORATION 0.4%

Value ($000) $6 (-27.9%) Shares 19,368 (-21.7%) Est. Cost $271.51 Unrealized +34.3%

NU NU HLDGS LTD 0.4%

Value ($000) $6 (-26.2%) Shares 447,700 (-7.8%) Est. Cost $12.12 Unrealized +43.0%

CEG CONSTELLATION ENERGY CORP 0.1%

Value ($000) $2 (-49.8%) Shares 6,000 (-40.0%) Est. Cost $257.06 Unrealized +17.2%

AON AON PLC 0.7%

Value ($000) $10 (-15.1%) Shares 30,668 (-6.6%) Est. Cost $355.50 Unrealized -5.5%

IBKR INTERACTIVE BROKERS GROUP IN 0.8%

Value ($000) $12 (-10.8%) Shares 185,333 (-9.0%) Est. Cost $47.90 Unrealized +53.7%

LOW LOWES COS INC 0.9%

Value ($000) $12 (-10.0%) Shares 53,464 (-5.9%) Est. Cost $188.28 Unrealized +44.2%

SQM SOCIEDAD QUIMICA Y MINERA DE 0.6%

Value ($000) $8 (-14.0%) Shares 104,000 (-26.9%) Est. Cost $0.07 Unrealized —

CL COLGATE PALMOLIVE CO 0.1%

Value ($000) $2 (-42.8%) Shares 19,121 (-46.9%) Est. Cost $89.53 Unrealized -0.9%

NET CLOUDFLARE INC 0.4%

Value ($000) $5 (-17.2%) Shares 25,636 (-15.1%) Est. Cost $147.27 Unrealized +23.9%

HCA HCA HEALTHCARE INC 0.8%

Value ($000) $11 (-7.2%) Shares 23,764 (-6.1%) Est. Cost $178.80 Unrealized +178.5%

WSO WATSCO INC 1.2%

Value ($000) $18 (-4.3%) Shares 50,394 (-5.9%) Est. Cost $229.10 Unrealized +71.2%

KMI KINDER MORGAN INC DEL 0.4%

Value ($000) $5 (+14.7%) Shares 158,737 (-6.0%) Est. Cost $25.64 Unrealized +16.0%

EPAC ENERPAC TOOL GROUP CORP 0.0%

Value ($000) $0 (-98.9%) Shares 197 (-98.8%) Est. Cost $33.36 Unrealized +23.4%

PG PROCTER & GAMBLE CO 0.0%

Value ($000) $0 (-65.1%) Shares 2,281 (-65.2%) Est. Cost $154.90 Unrealized -2.0%

SLAB SILICON LABORATORIES INC 0.0%

Value ($000) $0 (-97.7%) Shares 70 (-98.5%) Est. Cost $111.62 Unrealized +52.6%

DTM DT MIDSTREAM INC 0.3%

Value ($000) $4 (-11.7%) Shares 32,500 (-20.7%) Est. Cost $76.18 Unrealized +65.3%

CDRE CADRE HLDGS INC 0.0%

Value ($000) $0 (-70.3%) Shares 8,192 (-57.9%) Est. Cost $33.78 Unrealized +24.8%

AMT AMERICAN TOWER CORP 0.2%

Value ($000) $2 (-19.8%) Shares 13,409 (-16.8%) Est. Cost $186.50 Unrealized -6.3%

HDB HDFC BANK LTD 0.0%

Value ($000) $0 (-83.8%) Shares 4,001 (-75.4%) Est. Cost $11.75 Unrealized —

CVCO CAVCO INDS INC DEL 0.0%

Value ($000) $0 (-61.3%) Shares 665 (-50.3%) Est. Cost $502.70 Unrealized +20.1%

OSIS OSI SYSTEMS INC 0.0%

Value ($000) $0 (-54.5%) Shares 1,497 (-54.8%) Est. Cost $190.49 Unrealized +44.8%

CRS CARPENTER TECHNOLOGY CORP 0.0%

Value ($000) $0 (-50.1%) Shares 1,156 (-57.1%) Est. Cost $95.36 Unrealized +266.3%

CIEN CIENA CORP 0.4%

Value ($000) $5 (+7.6%) Shares 14,456 (-29.7%) Est. Cost $194.00 Unrealized +39.6%

AZTA AZENTA INC 0.0%

Value ($000) $0 (-73.7%) Shares 6,584 (-55.7%) Est. Cost $41.84 Unrealized -17.3%

MIR MIRION TECHNOLOGIES INC 0.0%

Value ($000) $0 (-65.4%) Shares 11,192 (-52.6%) Est. Cost $18.67 Unrealized +29.5%

VSCO VICTORIAS SECRET AND CO 0.0%

Value ($000) $0 (-60.7%) Shares 5,363 (-50.3%) Est. Cost $22.46 Unrealized +167.8%

VCYT VERACYTE INC 0.0%

Value ($000) $0 (-59.6%) Shares 7,926 (-43.7%) Est. Cost $40.31 Unrealized -2.5%

CWST CASELLA WASTE SYS INC 0.0%

Value ($000) $0 (-62.0%) Shares 2,771 (-51.3%) Est. Cost $100.67 Unrealized +1.0%

AX AXOS FINANCIAL INC 0.0%

Value ($000) $0 (-61.5%) Shares 2,581 (-59.7%) Est. Cost $58.47 Unrealized +61.8%

CIGI COLLIERS INTL GROUP INC 0.0%

Value ($000) $0 (-61.1%) Shares 1,971 (-43.7%) Est. Cost $122.68 Unrealized +9.5%

ESE ESCO TECHNOLOGIES INC 0.0%

Value ($000) $0 (-42.0%) Shares 1,615 (-57.6%) Est. Cost $117.51 Unrealized +103.9%

STVN STEVANATO GROUP S P A 0.0%

Value ($000) $0 (-70.3%) Shares 9,719 (-54.8%) Est. Cost $21.68 Unrealized -18.9%

ABBV ABBVIE INC 0.0%

Value ($000) $1 (-32.2%) Shares 3,049 (-27.0%) Est. Cost $150.70 Unrealized +47.7%

PLMR PALOMAR HLDGS INC 0.0%

Value ($000) $0 (-50.1%) Shares 2,568 (-43.7%) Est. Cost $72.25 Unrealized +75.6%

CHEF CHEFS WHSE INC 0.0%

Value ($000) $0 (-47.0%) Shares 5,856 (-43.7%) Est. Cost $35.15 Unrealized +85.1%

QTWO Q2 HLDGS INC 0.0%

Value ($000) $0 (-97.7%) Shares 149 (-96.5%) Est. Cost $43.07 Unrealized +41.1%

OSW ONESPAWORLD HOLDINGS LIMITED 0.0%

Value ($000) $0 (-41.4%) Shares 18,842 (-43.8%) Est. Cost $11.35 Unrealized +86.3%

ROAD CONSTRUCTION PARTNERS INC 0.0%

Value ($000) $0 (-45.7%) Shares 3,051 (-43.7%) Est. Cost $89.87 Unrealized +34.3%

ETR ENTERGY CORP NEW 0.3%

Value ($000) $4 (+6.7%) Shares 37,500 (-10.3%) Est. Cost $84.63 Unrealized +15.0%

RGEN REPLIGEN CORP 0.0%

Value ($000) $0 (-62.3%) Shares 1,351 (-43.7%) Est. Cost $143.40 Unrealized +6.3%

MEDP MEDPACE HLDGS INC 0.0%

Value ($000) $0 (-54.4%) Shares 448 (-43.6%) Est. Cost $217.53 Unrealized +149.3%

NOVT NOVANTA INC 0.0%

Value ($000) $0 (-47.2%) Shares 2,428 (-43.7%) Est. Cost $124.22 Unrealized +9.3%

MET METLIFE INC 0.1%

Value ($000) $1 (-24.7%) Shares 10,911 (-12.1%) Est. Cost $46.17 Unrealized +67.7%

VNT VONTIER CORPORATION 0.0%

Value ($000) $0 (-49.2%) Shares 6,318 (-43.7%) Est. Cost $38.27 Unrealized +2.6%

NEE NEXTERA ENERGY INC 0.2%

Value ($000) $3 (-6.7%) Shares 31,000 (-18.4%) Est. Cost $69.50 Unrealized +25.4%

ERII ENERGY RECOVERY INC 0.0%

Value ($000) $0 (-82.7%) Shares 4,314 (-76.1%) Est. Cost $15.16 Unrealized -2.2%

SRE SEMPRA 0.2%

Value ($000) $2 (-7.6%) Shares 23,000 (-14.8%) Est. Cost $78.00 Unrealized +14.8%

LNTH LANTHEUS HLDGS INC 0.0%

Value ($000) $0 (-38.8%) Shares 3,861 (-43.7%) Est. Cost $99.60 Unrealized -31.3%

WHD CACTUS INC 0.0%

Value ($000) $0 (-42.9%) Shares 4,902 (-43.7%) Est. Cost $42.06 Unrealized +30.9%

UTI UNIVERSAL TECHNICAL INST INC 0.0%

Value ($000) $0 (-37.6%) Shares 7,574 (-55.1%) Est. Cost $8.80 Unrealized +225.0%

MGRC MCGRATH RENTCORP 0.0%

Value ($000) $0 (-41.9%) Shares 2,121 (-43.7%) Est. Cost $118.20 Unrealized -4.1%

CP CANADIAN PACIFIC KANSAS CITY 0.9%

Value ($000) $13 (-1.3%) Shares 163,693 (-5.8%) Est. Cost $78.28 Unrealized -1.3%

CAKE CHEESECAKE FACTORY INC 0.0%

Value ($000) $0 (-39.0%) Shares 4,849 (-43.7%) Est. Cost $44.96 Unrealized +33.5%

CGNX COGNEX CORP 0.0%

Value ($000) $0 (-45.1%) Shares 4,362 (-56.4%) Est. Cost $28.50 Unrealized +56.1%

ENSG ENSIGN GROUP INC 0.0%

Value ($000) $0 (-36.2%) Shares 1,363 (-43.7%) Est. Cost $91.13 Unrealized +107.1%

MTSI MACOM TECH SOLUTIONS HLDGS I 0.0%

Value ($000) $0 (-32.6%) Shares 1,520 (-43.7%) Est. Cost $112.49 Unrealized +96.5%

GILD GILEAD SCIENCES INC 0.1%

Value ($000) $1 (-16.4%) Shares 5,672 (-24.5%) Est. Cost $70.52 Unrealized +96.2%

TREX TREX INC 0.0%

Value ($000) $0 (-44.0%) Shares 5,317 (-43.7%) Est. Cost $43.80 Unrealized -4.7%

GRDN GUARDIAN PHARMACY SVCS INC 0.0%

Value ($000) $0 (-30.6%) Shares 8,412 (-43.7%) Est. Cost $20.52 Unrealized +53.6%

MSA MSA SAFETY INC 0.0%

Value ($000) $0 (-44.3%) Shares 1,032 (-43.7%) Est. Cost $166.47 Unrealized +11.3%

WTTR SELECT WATER SOLUTIONS INC 0.0%

Value ($000) $0 (-31.6%) Shares 15,010 (-52.2%) Est. Cost $0.01 Unrealized —

NI NISOURCE INC 0.3%

Value ($000) $4 (+2.8%) Shares 79,000 (-7.1%) Est. Cost $31.88 Unrealized +38.0%

STRL STERLING INFRASTRUCTURE INC 0.0%

Value ($000) $0 (-29.8%) Shares 523 (-43.6%) Est. Cost $344.54 Unrealized +9.3%

WEC WEC ENERGY GROUP INC 0.2%

Value ($000) $3 (+1.4%) Shares 28,000 (-6.7%) Est. Cost $86.69 Unrealized +26.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
INTU	INTUIT	20,995 (-56.9%)	$9 (-72.4%)	0.6%	$719.44	-30.8%	COM	461202103
ROP	ROPER TECHNOLOGIES INC	76,276 (-22.5%)	$27 (-39.4%)	1.9%	$537.90	-29.7%	COM	776696106
V	VISA INC	124,972 (-19.1%)	$37 (-31.5%)	2.6%	$212.40	+55.0%	COM CL A	92826C839
UNP	UNION PAC CORP	91,762 (-44.1%)	$22 (-42.6%)	1.6%	$194.07	+25.4%	COM	907818108
ICFI	ICF INTL INC	101,030 (-61.7%)	$7 (-70.9%)	0.5%	$141.92	-38.3%	COM	44925C103
JPM	JPMORGAN CHASE & CO	40,941 (-50.3%)	$12 (-56.4%)	0.8%	$177.47	+75.5%	COM	46625H100
TTEK	TETRA TECH INC NEW	805,589 (-29.1%)	$24 (-37.9%)	1.7%	$40.05	-7.9%	COM	88162G103
BABA	ALIBABA GROUP HLDG LTD	32,786 (-74.0%)	$4 (-78.5%)	0.3%	$0.15	—	SPONSORED ADS	01609W102
GOOGL	ALPHABET INC	38,169 (-51.5%)	$10 (-57.7%)	0.7%	$209.20	+54.5%	CAP STK CL A	02079K305
IQV	IQVIA HLDGS INC	139,028 (-14.5%)	$23 (-37.6%)	1.6%	$184.03	+14.2%	COM	46266C105
TYL	TYLER TECHNOLOGIES INC	71,859 (-11.5%)	$25 (-34.1%)	1.7%	$566.34	-32.0%	COM	902252105
CPAY	CORPAY INC	90,652 (-28.3%)	$26 (-31.7%)	1.9%	$326.14	+0.4%	COM SHS	219948106
MAR	MARRIOTT INTL INC NEW	64,614 (-36.3%)	$21 (-35.2%)	1.5%	$175.45	+88.5%	CL A	571903202
WTFC	WINTRUST FINL CORP	187,772 (-27.0%)	$25 (-30.9%)	1.8%	$88.50	+69.5%	COM	97650W108
FUL	FULLER H B CO	407,705 (-30.6%)	$24 (-31.6%)	1.7%	$58.41	+8.5%	COM	359694106
BFAM	BRIGHT HORIZONS FAM SOL IN D	336,043 (-5.9%)	$27 (-25.5%)	1.9%	$122.71	-27.8%	COM	109194100
CMG	CHIPOTLE MEXICAN GRILL INC	390,135 (-31.3%)	$12 (-42.2%)	0.9%	$55.23	-29.8%	COM	169656105
IEX	IDEX CORP	126,647 (-28.8%)	$23 (-27.1%)	1.6%	$212.06	-6.1%	COM	45167R104
SITE	SITEONE LANDSCAPE SUPPLY INC	205,358 (-26.0%)	$27 (-24.0%)	1.9%	$131.57	+10.7%	COM	82982L103
ROL	ROLLINS INC	463,979 (-15.2%)	$25 (-25.5%)	1.7%	$41.87	+47.7%	COM	775711104
RJF	RAYMOND JAMES FINL INC	175,502 (-13.5%)	$25 (-25.0%)	1.8%	$83.52	+98.0%	COM	754730109
WCN	WASTE CONNECTIONS INC	186,218 (-12.6%)	$30 (-20.6%)	2.1%	$120.62	+38.8%	COM	94106B101
AVGO	BROADCOM INC	25,504 (-40.9%)	$7 (-50.5%)	0.5%	$172.10	+94.2%	COM	11135F101
DSGX	DESCARTES SYS GROUP INC	317,515 (-6.8%)	$23 (-24.8%)	1.6%	$55.18	+37.0%	COM	249906108
GD	GENERAL DYNAMICS CORP	9,790 (-68.2%)	$3 (-68.0%)	0.2%	$277.57	+27.7%	COM	369550108
MA	MASTERCARD INCORPORATED	15,785 (-37.6%)	$8 (-46.6%)	0.6%	$446.03	+20.9%	CL A	57636Q104
STE	STERIS PLC	129,162 (-6.0%)	$28 (-19.2%)	2.0%	$178.78	+42.9%	SHS USD	G8473T100
LYV	LIVE NATION ENTERTAINMENT IN	117,682 (-28.7%)	$17 (-26.5%)	1.2%	$59.93	+147.5%	COM	538034109
SCI	SERVICE CORP INTL	545,761 (-15.8%)	$44 (-12.3%)	3.1%	$69.21	+17.0%	COM	817565104
AJG	GALLAGHER ARTHUR J & CO	99,264 (-5.9%)	$21 (-22.4%)	1.5%	$184.71	+30.2%	COM	363576109
CBRE	CBRE GROUP INC	149,206 (-5.9%)	$20 (-23.2%)	1.4%	$63.48	+154.2%	CL A	12504L109
UNH	UNITEDHEALTH GROUP INC	38,136 (-19.3%)	$10 (-36.4%)	0.7%	$298.94	+3.3%	COM	91324P102
HQY	HEALTHEQUITY INC	287,847 (-6.9%)	$23 (-18.0%)	1.7%	$99.44	-16.4%	COM	42226A107
DXCM	DEXCOM INC	135,871 (-31.6%)	$8 (-36.9%)	0.6%	$78.59	-9.8%	COM	252131107
META	META PLATFORMS INC	18,676 (-12.2%)	$10 (-29.3%)	0.7%	$452.68	+44.8%	CL A	30303M102
DASH	DOORDASH INC	15,496 (-44.6%)	$2 (-64.1%)	0.2%	$234.56	-16.2%	CL A	25809K105
SHOP	SHOPIFY INC	47,012 (-17.0%)	$5 (-43.3%)	0.4%	$113.05	+20.7%	CL A SUB VTG SHS	82509L107
USFD	US FOODS HLDG CORP	302,241 (-3.7%)	$27 (+15.4%)	1.9%	$75.09	+15.4%	COM	912008109
PB	PROSPERITY BANCSHARES INC	381,757 (-5.9%)	$25 (-11.6%)	1.8%	$58.55	+23.2%	COM	743606105
VMC	VULCAN MATLS CO	77,818 (-6.1%)	$21 (-13.2%)	1.5%	$162.26	+89.1%	COM	929160109
SE	SEA LTD	19,668 (-45.6%)	$2 (-66.8%)	0.1%	$0.16	—	SPONSORD ADS	81141R100
KNSL	KINSALE CAP GROUP INC	33,888 (-7.6%)	$11 (-21.3%)	0.8%	$464.77	-15.3%	COM	49714P108
SCHW	SCHWAB CHARLES CORP	198,240 (-5.9%)	$18 (-12.9%)	1.3%	$70.71	+41.6%	COM	808513105
SYK	STRYKER CORPORATION	19,368 (-21.7%)	$6 (-27.9%)	0.4%	$271.51	+34.3%	COM	863667101
NU	NU HLDGS LTD	447,700 (-7.8%)	$6 (-26.2%)	0.4%	$12.12	+43.0%	ORD SHS CL A	G6683N103
CEG	CONSTELLATION ENERGY CORP	6,000 (-40.0%)	$2 (-49.8%)	0.1%	$257.06	+17.2%	COM	21037T109
AON	AON PLC	30,668 (-6.6%)	$10 (-15.1%)	0.7%	$355.50	-5.5%	SHS CL A	G0403H108
IBKR	INTERACTIVE BROKERS GROUP IN	185,333 (-9.0%)	$12 (-10.8%)	0.8%	$47.90	+53.7%	COM CL A	45841N107
LOW	LOWES COS INC	53,464 (-5.9%)	$12 (-10.0%)	0.9%	$188.28	+44.2%	COM	548661107
SQM	SOCIEDAD QUIMICA Y MINERA DE	104,000 (-26.9%)	$8 (-14.0%)	0.6%	$0.07	—	SPON ADR SER B	833635105
CL	COLGATE PALMOLIVE CO	19,121 (-46.9%)	$2 (-42.8%)	0.1%	$89.53	-0.9%	COM	194162103
NET	CLOUDFLARE INC	25,636 (-15.1%)	$5 (-17.2%)	0.4%	$147.27	+23.9%	CL A COM	18915M107
HCA	HCA HEALTHCARE INC	23,764 (-6.1%)	$11 (-7.2%)	0.8%	$178.80	+178.5%	COM	40412C101
WSO	WATSCO INC	50,394 (-5.9%)	$18 (-4.3%)	1.2%	$229.10	+71.2%	COM	942622200
KMI	KINDER MORGAN INC DEL	158,737 (-6.0%)	$5 (+14.7%)	0.4%	$25.64	+16.0%	COM	49456B101
EPAC	ENERPAC TOOL GROUP CORP	197 (-98.8%)	$0 (-98.9%)	0.0%	$33.36	+23.4%	CL A COM	292765104
PG	PROCTER & GAMBLE CO	2,281 (-65.2%)	$0 (-65.1%)	0.0%	$154.90	-2.0%	COM	742718109
SLAB	SILICON LABORATORIES INC	70 (-98.5%)	$0 (-97.7%)	0.0%	$111.62	+52.6%	COM	826919102
DTM	DT MIDSTREAM INC	32,500 (-20.7%)	$4 (-11.7%)	0.3%	$76.18	+65.3%	COMMON STOCK	23345M107
CDRE	CADRE HLDGS INC	8,192 (-57.9%)	$0 (-70.3%)	0.0%	$33.78	+24.8%	COM	12763L105
AMT	AMERICAN TOWER CORP	13,409 (-16.8%)	$2 (-19.8%)	0.2%	$186.50	-6.3%	COM	03027X100
HDB	HDFC BANK LTD	4,001 (-75.4%)	$0 (-83.8%)	0.0%	$11.75	—	SPONSORED ADS	40415F101
CVCO	CAVCO INDS INC DEL	665 (-50.3%)	$0 (-61.3%)	0.0%	$502.70	+20.1%	COM	149568107
OSIS	OSI SYSTEMS INC	1,497 (-54.8%)	$0 (-54.5%)	0.0%	$190.49	+44.8%	COM	671044105
CRS	CARPENTER TECHNOLOGY CORP	1,156 (-57.1%)	$0 (-50.1%)	0.0%	$95.36	+266.3%	COM	144285103
CIEN	CIENA CORP	14,456 (-29.7%)	$5 (+7.6%)	0.4%	$194.00	+39.6%	COM NEW	171779309
AZTA	AZENTA INC	6,584 (-55.7%)	$0 (-73.7%)	0.0%	$41.84	-17.3%	COM	114340102
MIR	MIRION TECHNOLOGIES INC	11,192 (-52.6%)	$0 (-65.4%)	0.0%	$18.67	+29.5%	COM CL A	60471A101
VSCO	VICTORIAS SECRET AND CO	5,363 (-50.3%)	$0 (-60.7%)	0.0%	$22.46	+167.8%	COMMON STOCK	926400102
VCYT	VERACYTE INC	7,926 (-43.7%)	$0 (-59.6%)	0.0%	$40.31	-2.5%	COM	92337F107
CWST	CASELLA WASTE SYS INC	2,771 (-51.3%)	$0 (-62.0%)	0.0%	$100.67	+1.0%	CL A	147448104
AX	AXOS FINANCIAL INC	2,581 (-59.7%)	$0 (-61.5%)	0.0%	$58.47	+61.8%	COM	05465C100
CIGI	COLLIERS INTL GROUP INC	1,971 (-43.7%)	$0 (-61.1%)	0.0%	$122.68	+9.5%	SUB VTG SHS	194693107
ESE	ESCO TECHNOLOGIES INC	1,615 (-57.6%)	$0 (-42.0%)	0.0%	$117.51	+103.9%	COM	296315104
STVN	STEVANATO GROUP S P A	9,719 (-54.8%)	$0 (-70.3%)	0.0%	$21.68	-18.9%	ORD SHS	T9224W109
ABBV	ABBVIE INC	3,049 (-27.0%)	$1 (-32.2%)	0.0%	$150.70	+47.7%	COM	00287Y109
PLMR	PALOMAR HLDGS INC	2,568 (-43.7%)	$0 (-50.1%)	0.0%	$72.25	+75.6%	COM	69753M105
CHEF	CHEFS WHSE INC	5,856 (-43.7%)	$0 (-47.0%)	0.0%	$35.15	+85.1%	COM	163086101
QTWO	Q2 HLDGS INC	149 (-96.5%)	$0 (-97.7%)	0.0%	$43.07	+41.1%	COM	74736L109
OSW	ONESPAWORLD HOLDINGS LIMITED	18,842 (-43.8%)	$0 (-41.4%)	0.0%	$11.35	+86.3%	COM	P73684113
ROAD	CONSTRUCTION PARTNERS INC	3,051 (-43.7%)	$0 (-45.7%)	0.0%	$89.87	+34.3%	COM CL A	21044C107
ETR	ENTERGY CORP NEW	37,500 (-10.3%)	$4 (+6.7%)	0.3%	$84.63	+15.0%	COM	29364G103
RGEN	REPLIGEN CORP	1,351 (-43.7%)	$0 (-62.3%)	0.0%	$143.40	+6.3%	COM	759916109
MEDP	MEDPACE HLDGS INC	448 (-43.6%)	$0 (-54.4%)	0.0%	$217.53	+149.3%	COM	58506Q109
NOVT	NOVANTA INC	2,428 (-43.7%)	$0 (-47.2%)	0.0%	$124.22	+9.3%	COM	67000B104
MET	METLIFE INC	10,911 (-12.1%)	$1 (-24.7%)	0.1%	$46.17	+67.7%	COM	59156R108
VNT	VONTIER CORPORATION	6,318 (-43.7%)	$0 (-49.2%)	0.0%	$38.27	+2.6%	COM	928881101
NEE	NEXTERA ENERGY INC	31,000 (-18.4%)	$3 (-6.7%)	0.2%	$69.50	+25.4%	COM	65339F101
ERII	ENERGY RECOVERY INC	4,314 (-76.1%)	$0 (-82.7%)	0.0%	$15.16	-2.2%	COM	29270J100
SRE	SEMPRA	23,000 (-14.8%)	$2 (-7.6%)	0.2%	$78.00	+14.8%	COM	816851109
LNTH	LANTHEUS HLDGS INC	3,861 (-43.7%)	$0 (-38.8%)	0.0%	$99.60	-31.3%	COM	516544103
WHD	CACTUS INC	4,902 (-43.7%)	$0 (-42.9%)	0.0%	$42.06	+30.9%	CL A	127203107
UTI	UNIVERSAL TECHNICAL INST INC	7,574 (-55.1%)	$0 (-37.6%)	0.0%	$8.80	+225.0%	COM	913915104
MGRC	MCGRATH RENTCORP	2,121 (-43.7%)	$0 (-41.9%)	0.0%	$118.20	-4.1%	COM	580589109
CP	CANADIAN PACIFIC KANSAS CITY	163,693 (-5.8%)	$13 (-1.3%)	0.9%	$78.28	-1.3%	COM	13646K108
CAKE	CHEESECAKE FACTORY INC	4,849 (-43.7%)	$0 (-39.0%)	0.0%	$44.96	+33.5%	COM	163072101
CGNX	COGNEX CORP	4,362 (-56.4%)	$0 (-45.1%)	0.0%	$28.50	+56.1%	COM	192422103
ENSG	ENSIGN GROUP INC	1,363 (-43.7%)	$0 (-36.2%)	0.0%	$91.13	+107.1%	COM	29358P101
MTSI	MACOM TECH SOLUTIONS HLDGS I	1,520 (-43.7%)	$0 (-32.6%)	0.0%	$112.49	+96.5%	COM	55405Y100
GILD	GILEAD SCIENCES INC	5,672 (-24.5%)	$1 (-16.4%)	0.1%	$70.52	+96.2%	COM	375558103
TREX	TREX INC	5,317 (-43.7%)	$0 (-44.0%)	0.0%	$43.80	-4.7%	COM	89531P105
GRDN	GUARDIAN PHARMACY SVCS INC	8,412 (-43.7%)	$0 (-30.6%)	0.0%	$20.52	+53.6%	CL A	40145W101
MSA	MSA SAFETY INC	1,032 (-43.7%)	$0 (-44.3%)	0.0%	$166.47	+11.3%	COM	553498106
WTTR	SELECT WATER SOLUTIONS INC	15,010 (-52.2%)	$0 (-31.6%)	0.0%	$0.01	—	CL A COM	81617J301
NI	NISOURCE INC	79,000 (-7.1%)	$4 (+2.8%)	0.3%	$31.88	+38.0%	COM	65473P105
STRL	STERLING INFRASTRUCTURE INC	523 (-43.6%)	$0 (-29.8%)	0.0%	$344.54	+9.3%	COM	859241101
WEC	WEC ENERGY GROUP INC	28,000 (-6.7%)	$3 (+1.4%)	0.2%	$86.69	+26.8%	COM	92939U106

Unchanged Positions (6)

MELI MERCADOLIBRE INC 0.4%

Value ($000) $5 Shares 3,068 Est. Cost $1795.15 Unrealized +15.1%

LNG CHENIERE ENERGY INC 0.1%

Value ($000) $1 Shares 4,000 Est. Cost $179.44 Unrealized +16.9%

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.5%

Value ($000) $7 Shares 21,330 Est. Cost $0.23 Unrealized —

DUK DUKE ENERGY CORP NEW 0.1%

Value ($000) $2 Shares 12,500 Est. Cost $95.36 Unrealized +26.8%

STWD STARWOOD PPTY TR INC 0.1%

Value ($000) $2 Shares 115,000 Est. Cost $0.02 Unrealized —

CSCO CISCO SYS INC 0.5%

Value ($000) $7 Shares 95,000 Est. Cost $61.62 Unrealized +26.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MELI	MERCADOLIBRE INC	3,068	$5	0.4%	$1795.15	+15.1%	COM	58733R102
LNG	CHENIERE ENERGY INC	4,000	$1	0.1%	$179.44	+16.9%	COM NEW	16411R208
TSM	TAIWAN SEMICONDUCTOR MANUFAC	21,330	$7	0.5%	$0.23	—	SPONSORED ADS	874039100
DUK	DUKE ENERGY CORP NEW	12,500	$2	0.1%	$95.36	+26.8%	COM NEW	26441C204
STWD	STARWOOD PPTY TR INC	115,000	$2	0.1%	$0.02	—	COM	85571B105
CSCO	CISCO SYS INC	95,000	$7	0.5%	$61.62	+26.4%	COM	17275R102