Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TMO	THERMO FISHER SCIENTIFIC INC	38,800	$19.45M	4.9%	—	—	COM	883556102
GFL	GFL ENVIRONMENTAL INC	214,000	$7.873M	2.0%	—	—	SUB VTG SHS	36168Q104
PRIM	PRIMORIS SVCS CORP	62,291	$6.174M	1.6%	—	—	COM	74164F103
OSK	OSHKOSH CORP	31,800	$4.881M	1.2%	—	—	COM	688239201
HURN	HURON CONSULTING GROUP INC	19,200	$1.731M	0.4%	—	—	COM	447462102

Increased Positions (6)

XYL XYLEM INC 7.4%

Value $29.09M (+66.6%) Shares 246,112 (+68.5%) Est. Cost — Unrealized —

QCOM QUALCOMM INC 5.4%

Value $21.4M (+52.4%) Shares 115,806 (+6.2%) Est. Cost — Unrealized —

ELAN ELANCO ANIMAL HEALTH INC 9.5%

Value $37.54M (+21.4%) Shares 1,525,300 (+18.1%) Est. Cost — Unrealized —

SW SMURFIT WESTROCK PLC 5.9%

Value $23.16M (+29.3%) Shares 500,636 (+11.3%) Est. Cost — Unrealized —

AMRC AMERESCO INC 3.8%

Value $15M (+25.3%) Shares 543,525 (+15.8%) Est. Cost — Unrealized —

ICFI ICF INTL INC 3.6%

Value $14.05M (+18.8%) Shares 192,852 (+6.5%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XYL	XYLEM INC	246,112 (+68.5%)	$29.09M (+66.6%)	7.4%	—	—	COM	98419M100
QCOM	QUALCOMM INC	115,806 (+6.2%)	$21.4M (+52.4%)	5.4%	—	—	COM	747525103
ELAN	ELANCO ANIMAL HEALTH INC	1,525,300 (+18.1%)	$37.54M (+21.4%)	9.5%	—	—	COM	28414H103
SW	SMURFIT WESTROCK PLC	500,636 (+11.3%)	$23.16M (+29.3%)	5.9%	—	—	SHS	G8267P108
AMRC	AMERESCO INC	543,525 (+15.8%)	$15M (+25.3%)	3.8%	—	—	CL A	02361E108
ICFI	ICF INTL INC	192,852 (+6.5%)	$14.05M (+18.8%)	3.6%	—	—	COM	44925C103

Exited Positions (2)

SNY SANOFI SA 1.0%

Value $3.929M Shares 81,557 Est. Cost — Unrealized —

MRK MERCK & CO INC 0.9%

Value $3.617M Shares 30,068 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SNY	SANOFI SA	81,557	$3.929M	1.0%	—	—	—	80105N105
MRK	MERCK & CO INC	30,068	$3.617M	0.9%	—	—	—	58933Y105

Decreased Positions (8)

UCTT ULTRA CLEAN HLDGS INC 3.7%

Value $14.47M (+43.3%) Shares 101,458 (-37.5%) Est. Cost — Unrealized —

HUM HUMANA INC 5.9%

Value $23.46M (+17.8%) Shares 59,070 (-48.6%) Est. Cost — Unrealized —

GNRC GENERAC HLDGS INC 3.1%

Value $12.38M (+28.6%) Shares 42,280 (-14.2%) Est. Cost — Unrealized —

SHLS SHOALS TECHNOLOGIES GROUP IN 4.4%

Value $17.43M (-12.8%) Shares 1,760,722 (-42.0%) Est. Cost — Unrealized —

GOOG ALPHABET INC 6.5%

Value $25.47M (+8.7%) Shares 72,081 (-11.8%) Est. Cost — Unrealized —

ARRY ARRAY TECHNOLOGIES INC 2.5%

Value $9.857M (-13.5%) Shares 1,330,267 (-15.6%) Est. Cost — Unrealized —

FSLR FIRST SOLAR INC 5.1%

Value $20.1M (+8.0%) Shares 85,200 (-9.7%) Est. Cost — Unrealized —

BAC BANK OF AMER CORP 3.1%

Value $12.17M (+0.4%) Shares 213,507 (-14.1%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
UCTT	ULTRA CLEAN HLDGS INC	101,458 (-37.5%)	$14.47M (+43.3%)	3.7%	—	—	COM	90385V107
HUM	HUMANA INC	59,070 (-48.6%)	$23.46M (+17.8%)	5.9%	—	—	COM	444859102
GNRC	GENERAC HLDGS INC	42,280 (-14.2%)	$12.38M (+28.6%)	3.1%	—	—	COM	368736104
SHLS	SHOALS TECHNOLOGIES GROUP IN	1,760,722 (-42.0%)	$17.43M (-12.8%)	4.4%	—	—	CL A	82489W107
GOOG	ALPHABET INC	72,081 (-11.8%)	$25.47M (+8.7%)	6.5%	—	—	CAP STK CL C	02079K107
ARRY	ARRAY TECHNOLOGIES INC	1,330,267 (-15.6%)	$9.857M (-13.5%)	2.5%	—	—	COM SHS	04271T100
FSLR	FIRST SOLAR INC	85,200 (-9.7%)	$20.1M (+8.0%)	5.1%	—	—	COM	336433107
BAC	BANK OF AMER CORP	213,507 (-14.1%)	$12.17M (+0.4%)	3.1%	—	—	COM	060505104

Unchanged Positions (6)

IEX IDEX CORP 5.3%

Value $20.9M Shares 92,100 Est. Cost — Unrealized —

IQV IQVIA HLDGS INC 4.6%

Value $18.07M Shares 93,500 Est. Cost — Unrealized —

FISV FISERV INC 3.2%

Value $12.64M Shares 257,632 Est. Cost — Unrealized —

IFF INTERNATIONAL FLAVORS&FRAGRA 4.4%

Value $17.4M Shares 219,682 Est. Cost — Unrealized —

URI UNITED RENTALS INC 0.6%

Value $2.548M Shares 2,249 Est. Cost — Unrealized —

BRO BROWN & BROWN INC 1.9%

Value $7.467M Shares 116,400 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IEX	IDEX CORP	92,100	$20.9M	5.3%	—	—	COM	45167R104
IQV	IQVIA HLDGS INC	93,500	$18.07M	4.6%	—	—	COM	46266C105
FISV	FISERV INC	257,632	$12.64M	3.2%	—	—	COM	337738108
IFF	INTERNATIONAL FLAVORS&FRAGRA	219,682	$17.4M	4.4%	—	—	COM	459506101
URI	UNITED RENTALS INC	2,249	$2.548M	0.6%	—	—	COM	911363109
BRO	BROWN & BROWN INC	116,400	$7.467M	1.9%	—	—	COM	115236101