Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TBBB	BBB FOODS INC	237,000	$12.48M	10.8%	$52.64	$46.11	+14.2%	COM	G0896C103
BSAC	BANCO SANTANDER CHILE	278,601	$9.294M	8.1%	$33.36	$34.43	-3.1%	COM	05965X109
KOF	COCA COLA FEMSA SAB DE CV	38,400	$4.149M	3.6%	$108.04	$108.88	-0.8%	COM	191241108
MSFT	MICROSOFT CORP	4,480	$2.298M	2.0%	$512.93	$462.46	+10.9%	COM	594918104
SNOW	SNOWFLAKE INC	5,500	$1.868M	1.6%	$339.71	$308.95	+9.9%	COM	833445109
GS	GOLDMAN SACHS GROUP INC	2,000	$1.803M	1.6%	$901.46	$1023.15	-12.0%	COM	38141G104
IDCC	INTERDIGITAL INC	5,120	$1.67M	1.5%	$326.26	$312.61	+4.3%	COM	45867G101
FCX	FREEPORT MCMORAN INC	22,800	$1.595M	1.4%	$69.97	$68.07	+2.8%	COM	35671D857
APH	AMPHENOL CORPORATION	18,000	$1.518M	1.3%	$84.34	$135.67	-37.9%	COM	032095101
NEM	NEWMONT CORP	12,200	$1.407M	1.2%	$115.34	$111.94	+3.0%	COM	651639106
SPCX	SPACE EXPLORATION TECHNOLOGIES	9,000	$1.359M	1.2%	$150.95	$138.41	+9.0%	COM	84615Q103
DASH	DOORDASH INC	7,200	$1.322M	1.1%	$183.58	$201.89	-9.1%	COM	25809K105
IBKR	INTERACTIVE BROKERS GROUP INC	15,000	$1.281M	1.1%	$85.39	$91.51	-6.7%	COM	45841N107
LIFE	ETHOS TECHNOLOGIES INC	38,000	$1.273M	1.1%	$33.49	$29.82	+12.6%	COM	29765A101
SMIN	ISHARES MSCI INDIA SMALL CAPP	18,363	$1.263M	1.1%	$68.80	$70.60	-2.5%	ETF	46429B614
LFUS	LITTLEFUSE INC	2,920	$1.238M	1.1%	$423.93	$421.81	+0.5%	COM	537008104
TLX	TELIX PHARMACEUTICALS LTD	105,000	$1.152M	1.0%	$10.97	$11.35	-3.3%	COM	87961M105

Increased Positions (3)

SNDK SEAGATE TECHNOLOGY HOLDINGS PL 1.8%

Value $2.029M (-47.5%) Shares 2,200 (+29.4%) Share Price $922.41 * Est. Cost/Share $1458.61 Unrealized @ Report Date +19.3%

LAUR LAUREATE EDUCATION INC 8.0%

Value $9.257M (+12.8%) Shares 242,582 (+7.3%) Share Price $38.16 Est. Cost/Share $31.16 Unrealized @ Report Date +22.4%

INCO COLUMBIA INDIA COMNSUMER ETF 1.1%

Value $1.303M (+28.8%) Shares 22,438 (+32.3%) Share Price $58.07 Est. Cost/Share $58.46 Unrealized @ Report Date -0.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SNDK	SEAGATE TECHNOLOGY HOLDINGS PL	2,200 (+29.4%)	$2.029M (-47.5%)	1.8%	$922.41 *	$1458.61	+19.3%	COM	80004C200
LAUR	LAUREATE EDUCATION INC	242,582 (+7.3%)	$9.257M (+12.8%)	8.0%	$38.16	$31.16	+22.4%	COM	518613203
INCO	COLUMBIA INDIA COMNSUMER ETF	22,438 (+32.3%)	$1.303M (+28.8%)	1.1%	$58.07	$58.46	-0.7%	ETF	19762B707

Exited Positions (18)

PSMT PRICESMART INC 7.0%

Value $8.087M Shares 41,400 Share Price $195.35 * Est. Cost/Share $159.99 Unrealized @ Report Date +5.7%

VRT VERTIV HOLDINGS CO 4.0%

Value $4.585M Shares 13,700 Share Price $334.69 * Est. Cost/Share $173.58 Unrealized @ Report Date +39.0%

RBC RBC BEARINGS INC 3.6%

Value $4.094M Shares 6,360 Share Price $643.79 * Est. Cost/Share $550.56 Unrealized @ Report Date -9.3%

AVGO BROADCOM INC 3.5%

Value $4.077M Shares 10,800 Share Price $377.47 * Est. Cost/Share $132.46 Unrealized @ Report Date +165.1%

SEI SOLARIS ENERGY INFRASTRUCTURE 3.5%

Value $3.982M Shares 49,500 Share Price $80.44 * Est. Cost/Share $71.46 Unrealized @ Report Date -0.4%

NVDA NVIDIA CORP 3.4%

Value $3.898M Shares 19,500 Share Price $199.90 * Est. Cost/Share $176.70 Unrealized @ Report Date +29.2%

ROAD CONSTRUCTION PARTNERS INC 3.0%

Value $3.468M Shares 29,200 Share Price $118.78 * Est. Cost/Share $61.62 Unrealized @ Report Date +46.1%

WWD WOODWARD INC 3.0%

Value $3.447M Shares 8,100 Share Price $425.54 * Est. Cost/Share $274.80 Unrealized @ Report Date +19.6%

DY DYCOM INDUSTRIES INC 2.9%

Value $3.379M Shares 6,680 Share Price $505.78 * Est. Cost/Share $375.74 Unrealized @ Report Date -28.4%

RMBS RAMBUS INC 2.8%

Value $3.224M Shares 24,300 Share Price $132.66 * Est. Cost/Share $130.04 Unrealized @ Report Date -17.9%

XPO XPO INC 2.6%

Value $2.976M Shares 14,500 Share Price $205.27 * Est. Cost/Share $211.61 Unrealized @ Report Date -16.8%

APG API GROUP CORP 2.4%

Value $2.782M Shares 65,700 Share Price $42.35 * Est. Cost/Share $43.69 Unrealized @ Report Date -11.6%

BKR BAKER HUGHES CO 2.4%

Value $2.735M Shares 49,300 Share Price $55.47 Est. Cost/Share $63.22 Unrealized @ Report Date -13.2%

UMC UNITED MICROELECTRONICS CORP 2.4%

Value $2.721M Shares 100,000 Share Price $27.21 * Est. Cost/Share $17.09 Unrealized @ Report Date +43.3%

CRS CARPENTER TECHNOLOGY CORP 1.8%

Value $2.071M Shares 3,360 Share Price $616.47 * Est. Cost/Share $470.82 Unrealized @ Report Date -17.4%

DRS LEONARDO DRS INC 1.7%

Value $1.989M Shares 46,600 Share Price $42.69 * Est. Cost/Share $44.44 Unrealized @ Report Date -17.6%

KRMN KARMAN HOLDINGS INC 1.1%

Value $1.308M Shares 26,200 Share Price $49.93 * Est. Cost/Share $72.41 Unrealized @ Report Date -55.2%

INDA ISHARES MSCI INDIA ETF 0.6%

Value $706K Shares 14,287 Share Price $49.39 * Est. Cost/Share $47.77 Unrealized @ Report Date -2.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
PSMT	PRICESMART INC	41,400	$8.087M	7.0%	$195.35 *	$159.99	+5.7%	—	741511109
VRT	VERTIV HOLDINGS CO	13,700	$4.585M	4.0%	$334.69 *	$173.58	+39.0%	—	92537N108
RBC	RBC BEARINGS INC	6,360	$4.094M	3.6%	$643.79 *	$550.56	-9.3%	—	75524B104
AVGO	BROADCOM INC	10,800	$4.077M	3.5%	$377.47 *	$132.46	+165.1%	—	11135F101
SEI	SOLARIS ENERGY INFRASTRUCTURE	49,500	$3.982M	3.5%	$80.44 *	$71.46	-0.4%	—	83418M103
NVDA	NVIDIA CORP	19,500	$3.898M	3.4%	$199.90 *	$176.70	+29.2%	—	67066G104
ROAD	CONSTRUCTION PARTNERS INC	29,200	$3.468M	3.0%	$118.78 *	$61.62	+46.1%	—	21044C107
WWD	WOODWARD INC	8,100	$3.447M	3.0%	$425.54 *	$274.80	+19.6%	—	980745103
DY	DYCOM INDUSTRIES INC	6,680	$3.379M	2.9%	$505.78 *	$375.74	-28.4%	—	267475101
RMBS	RAMBUS INC	24,300	$3.224M	2.8%	$132.66 *	$130.04	-17.9%	—	750917106
XPO	XPO INC	14,500	$2.976M	2.6%	$205.27 *	$211.61	-16.8%	—	983793100
APG	API GROUP CORP	65,700	$2.782M	2.4%	$42.35 *	$43.69	-11.6%	—	00187Y100
BKR	BAKER HUGHES CO	49,300	$2.735M	2.4%	$55.47	$63.22	-13.2%	—	05722G100
UMC	UNITED MICROELECTRONICS CORP	100,000	$2.721M	2.4%	$27.21 *	$17.09	+43.3%	—	910873405
CRS	CARPENTER TECHNOLOGY CORP	3,360	$2.071M	1.8%	$616.47 *	$470.82	-17.4%	—	144285103
DRS	LEONARDO DRS INC	46,600	$1.989M	1.7%	$42.69 *	$44.44	-17.6%	—	52661A108
KRMN	KARMAN HOLDINGS INC	26,200	$1.308M	1.1%	$49.93 *	$72.41	-55.2%	—	485924104
INDA	ISHARES MSCI INDIA ETF	14,287	$706K	0.6%	$49.39 *	$47.77	-2.3%	—	46429B598

Decreased Positions (17)

BABA ALIBABA GROUP HODING LTD 1.1%

Value $1.269M (-86.4%) Shares 11,800 (-87.9%) Share Price $107.54 Est. Cost/Share $129.86 Unrealized @ Report Date -17.2%

FIX COMFORT SYSTEMS USA INC 1.4%

Value $1.654M (-70.2%) Shares 1,000 (-64.3%) Share Price $1654.07 Est. Cost/Share $149.35 Unrealized @ Report Date +1007.5%

VIK VIKING HOLDINGS LTD 1.3%

Value $1.441M (-69.6%) Shares 18,400 (-59.4%) Share Price $78.31 Est. Cost/Share $59.63 Unrealized @ Report Date +31.4%

SSNHZ SAMSUNG ELECTRONICS CO LTD 4.3%

Value $4.99M (-38.9%) Shares 1,020 (-32.7%) Share Price $4892.00 Est. Cost/Share $2493.27 Unrealized @ Report Date —

AXGN AXOGEN INC 1.3%

Value $1.468M (-67.8%) Shares 35,000 (-64.5%) Share Price $41.93 Est. Cost/Share $33.44 Unrealized @ Report Date +25.4%

SNEX STONEX GROUP INC 2.0%

Value $2.27M (-50.5%) Shares 35,100 (-39.5%) Share Price $64.68 Est. Cost/Share $96.78 Unrealized @ Report Date -33.2%

TSM TAIWAN SEMICONDUCTOR 4.7%

Value $5.429M (-29.0%) Shares 11,900 (-25.6%) Share Price $456.19 Est. Cost/Share $343.34 Unrealized @ Report Date +32.9%

GOOGL ALPHABET INC 1.6%

Value $1.893M (-52.3%) Shares 5,500 (-50.5%) Share Price $344.19 Est. Cost/Share $289.34 Unrealized @ Report Date +18.9%

ANET ARISTA NETWORKS INC 2.2%

Value $2.546M (-35.7%) Shares 12,500 (-46.4%) Share Price $203.68 Est. Cost/Share $130.37 Unrealized @ Report Date +56.2%

EMBJ EMBRAER SA 14.2%

Value $16.32M (+9.5%) Shares 216,622 (-7.3%) Share Price $75.32 Est. Cost/Share $48.29 Unrealized @ Report Date +56.0%

FCFS FIRSTCASH HOLDINGS INC 1.5%

Value $1.754M (-43.7%) Shares 8,300 (-42.4%) Share Price $211.28 Est. Cost/Share $184.54 Unrealized @ Report Date +14.5%

IBN ICICI BANK LTD 0.4%

Value $494K (-67.7%) Shares 17,919 (-65.9%) Share Price $27.55 Est. Cost/Share $27.37 Unrealized @ Report Date +0.7%

NTRA NATERA INC 3.0%

Value $3.474M (-20.0%) Shares 8,400 (-47.5%) Share Price $413.60 Est. Cost/Share $171.25 Unrealized @ Report Date +141.4%

PLTR PALANTIR TECHNOLOGIES INC 2.3%

Value $2.619M (+49.7%) Shares 14,000 (-6.7%) Share Price $187.06 Est. Cost/Share $136.41 Unrealized @ Report Date +37.1%

ASX ASE TECHNOLOGY HOLDING CO LTD 2.1%

Value $2.401M (-24.0%) Shares 54,000 (-22.9%) Share Price $44.46 Est. Cost/Share $33.58 Unrealized @ Report Date +32.4%

KB KB FINANCIAL GROUP INC 1.7%

Value $1.97M (-1.2%) Shares 16,000 (-15.8%) Share Price $123.10 Est. Cost/Share $105.65 Unrealized @ Report Date +16.5%

OKTA OKTA INC 2.1%

Value $2.405M (+0.7%) Shares 11,500 (-34.3%) Share Price $209.16 Est. Cost/Share $94.04 Unrealized @ Report Date +122.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BABA	ALIBABA GROUP HODING LTD	11,800 (-87.9%)	$1.269M (-86.4%)	1.1%	$107.54	$129.86	-17.2%	COM	01609W102
FIX	COMFORT SYSTEMS USA INC	1,000 (-64.3%)	$1.654M (-70.2%)	1.4%	$1654.07	$149.35	+1007.5%	COM	199908104
VIK	VIKING HOLDINGS LTD	18,400 (-59.4%)	$1.441M (-69.6%)	1.3%	$78.31	$59.63	+31.4%	COM	G93A5A101
SSNHZ	SAMSUNG ELECTRONICS CO LTD	1,020 (-32.7%)	$4.99M (-38.9%)	4.3%	$4892.00	$2493.27	—	COM	796050888
AXGN	AXOGEN INC	35,000 (-64.5%)	$1.468M (-67.8%)	1.3%	$41.93	$33.44	+25.4%	COM	05463X106
SNEX	STONEX GROUP INC	35,100 (-39.5%)	$2.27M (-50.5%)	2.0%	$64.68	$96.78	-33.2%	COM	861896108
TSM	TAIWAN SEMICONDUCTOR	11,900 (-25.6%)	$5.429M (-29.0%)	4.7%	$456.19	$343.34	+32.9%	ADR	874039100
GOOGL	ALPHABET INC	5,500 (-50.5%)	$1.893M (-52.3%)	1.6%	$344.19	$289.34	+18.9%	COM	02079K305
ANET	ARISTA NETWORKS INC	12,500 (-46.4%)	$2.546M (-35.7%)	2.2%	$203.68	$130.37	+56.2%	COM	040413205
EMBJ	EMBRAER SA	216,622 (-7.3%)	$16.32M (+9.5%)	14.2%	$75.32	$48.29	+56.0%	COM	29082A107
FCFS	FIRSTCASH HOLDINGS INC	8,300 (-42.4%)	$1.754M (-43.7%)	1.5%	$211.28	$184.54	+14.5%	COM	33768G107
IBN	ICICI BANK LTD	17,919 (-65.9%)	$494K (-67.7%)	0.4%	$27.55	$27.37	+0.7%	ADR	45104G104
NTRA	NATERA INC	8,400 (-47.5%)	$3.474M (-20.0%)	3.0%	$413.60	$171.25	+141.4%	COM	632307104
PLTR	PALANTIR TECHNOLOGIES INC	14,000 (-6.7%)	$2.619M (+49.7%)	2.3%	$187.06	$136.41	+37.1%	COM	69608A108
ASX	ASE TECHNOLOGY HOLDING CO LTD	54,000 (-22.9%)	$2.401M (-24.0%)	2.1%	$44.46	$33.58	+32.4%	COM	00215W100
KB	KB FINANCIAL GROUP INC	16,000 (-15.8%)	$1.97M (-1.2%)	1.7%	$123.10	$105.65	+16.5%	COM	48241A105
OKTA	OKTA INC	11,500 (-34.3%)	$2.405M (+0.7%)	2.1%	$209.16	$94.04	+122.4%	COM	679295105

Unchanged Positions (1)

SBKFF STATE BANK OF INDIA 1.1%

Value $1.235M Shares 12,299 Share Price $100.40 * Est. Cost/Share $108.21 Unrealized @ Report Date -3.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SBKFF	STATE BANK OF INDIA	12,299	$1.235M	1.1%	$100.40 *	$108.21	-3.7%	COM	856552203