Infusive Asset Management Inc. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	37,608 (+277.5%)	$13,921 (+189.0%)	6.7%	$452.09	-3.9%	COM	594918104
BKNG	BOOKING HOLDINGS INC	2,351 (+70.4%)	$9,898 (+33.9%)	4.8%	$4673.50	+2.3%	COM	09857L108
AXP	AMERICAN EXPRESS CO	22,192 (+88.1%)	$6,713 (+53.8%)	3.2%	$317.57	+12.2%	COM	025816109
SE	SEA LTD	47,146 (+15.1%)	$3,904 (-25.3%)	1.9%	$139.07	—	SPONSORD ADS	81141R100
SHOP	SHOPIFY INC	43,611 (+27.4%)	$5,173 (-6.1%)	2.5%	$107.04	+27.5%	CL A SUB VTG SHS	82509L107
DEO	DIAGEO PLC	33,055 (+2.5%)	$2,461 (-11.6%)	1.2%	$91.75	—	SPON ADR NEW	25243Q205
MCD	MCDONALDS CORP	13,082 (+1.6%)	$4,066 (+3.3%)	2.0%	$278.43	+13.9%	COM	580135101
SPOT	SPOTIFY TECHNOLOGY S A	10,275 (+17.1%)	$4,982 (-2.2%)	2.4%	$631.14	-21.2%	SHS	L8681T102
AMZN	AMAZON COM INC	66,267 (+11.4%)	$13,801 (+0.5%)	6.7%	$162.83	+39.3%	COM	023135106
MA	MASTERCARD INCORPORATED	17,282 (+13.7%)	$8,635 (-0.5%)	4.2%	$454.54	+18.6%	CL A	57636Q104

Exited Positions (5)

MU MICRON TECHNOLOGY INC 2.3%

Value ($000) $4,734 Shares 16,586 Est. Cost $229.35 Unrealized +68.8%

TSM TAIWAN SEMICONDUCTOR MFG LTD 1.9%

Value ($000) $3,894 Shares 12,813 Est. Cost $303.89 Unrealized —

PINS PINTEREST INC 1.6%

Value ($000) $3,217 Shares 124,263 Est. Cost $32.98 Unrealized -32.6%

DIS DISNEY WALT CO 1.4%

Value ($000) $2,958 Shares 26,000 Est. Cost $103.36 Unrealized +5.9%

RCL ROYAL CARIBBEAN GROUP 1.0%

Value ($000) $2,127 Shares 7,627 Est. Cost $281.58 Unrealized +9.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MU	MICRON TECHNOLOGY INC	16,586	$4,734	2.3%	$229.35	+68.8%	—	595112103
TSM	TAIWAN SEMICONDUCTOR MFG LTD	12,813	$3,894	1.9%	$303.89	—	—	874039100
PINS	PINTEREST INC	124,263	$3,217	1.6%	$32.98	-32.6%	—	72352L106
DIS	DISNEY WALT CO	26,000	$2,958	1.4%	$103.36	+5.9%	—	254687106
RCL	ROYAL CARIBBEAN GROUP	7,627	$2,127	1.0%	$281.58	+9.7%	—	V7780T103

Decreased Positions (19)

HD HOME DEPOT INC 2.5%

Value ($000) $5,172 (-43.9%) Shares 15,725 (-41.3%) Est. Cost $350.26 Unrealized +7.6%

MELI MERCADOLIBRE INC 1.2%

Value ($000) $2,447 (-57.3%) Shares 1,415 (-50.2%) Est. Cost $2105.54 Unrealized -1.9%

TSLA TESLA INC 2.9%

Value ($000) $5,913 (-35.5%) Shares 15,906 (-21.9%) Est. Cost $327.71 Unrealized +30.0%

PG PROCTER & GAMBLE CO 4.0%

Value ($000) $8,239 (-25.9%) Shares 57,043 (-26.5%) Est. Cost $148.79 Unrealized +2.0%

COST COSTCO WHOLESALE CORPORATION 4.8%

Value ($000) $9,938 (-19.4%) Shares 9,974 (-30.2%) Est. Cost $926.56 Unrealized +4.0%

CCL CARNIVAL CORP 0.9%

Value ($000) $1,876 (-54.3%) Shares 72,500 (-46.1%) Est. Cost $21.28 Unrealized +45.8%

LOW LOWES COS INC 1.8%

Value ($000) $3,635 (-36.7%) Shares 15,386 (-35.4%) Est. Cost $222.77 Unrealized +21.9%

RACE FERRARI N V 1.8%

Value ($000) $3,792 (-35.0%) Shares 11,205 (-29.0%) Est. Cost $361.00 Unrealized -1.2%

KO COCA COLA CO 3.6%

Value ($000) $7,340 (-21.0%) Shares 96,519 (-27.3%) Est. Cost $61.80 Unrealized +21.0%

WMT WALMART INC 6.2%

Value ($000) $12,867 (-12.9%) Shares 103,536 (-21.9%) Est. Cost $80.59 Unrealized +51.4%

GOOGL ALPHABET INC 6.0%

Value ($000) $12,477 (-12.1%) Shares 43,388 (-4.3%) Est. Cost $143.21 Unrealized +125.7%

V VISA INC 3.8%

Value ($000) $7,781 (-17.8%) Shares 25,745 (-4.6%) Est. Cost $289.70 Unrealized +13.6%

BABA ALIBABA GROUP HLDG LTD 2.6%

Value ($000) $5,338 (-21.8%) Shares 42,547 (-8.6%) Est. Cost $121.43 Unrealized —

NFLX NETFLIX INC. 2.1%

Value ($000) $4,411 (-23.0%) Shares 45,873 (-24.9%) Est. Cost $107.81 Unrealized -22.2%

COIN COINBASE GLOBAL INC 1.1%

Value ($000) $2,182 (-35.4%) Shares 12,494 (-16.3%) Est. Cost $325.36 Unrealized -38.4%

UBER UBER TECHNOLOGIES INC 1.8%

Value ($000) $3,694 (-16.0%) Shares 51,350 (-4.6%) Est. Cost $90.05 Unrealized -12.6%

CL COLGATE PALMOLIVE CO 2.0%

Value ($000) $4,075 (-11.8%) Shares 47,816 (-18.3%) Est. Cost $92.60 Unrealized -4.2%

DPZ DOMINOS PIZZA INC 1.1%

Value ($000) $2,310 (-18.0%) Shares 6,438 (-4.7%) Est. Cost $415.46 Unrealized -3.5%

MDLZ MONDELEZ INTL INC 2.1%

Value ($000) $4,319 (+2.2%) Shares 74,924 (-4.6%) Est. Cost $60.03 Unrealized -3.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HD	HOME DEPOT INC	15,725 (-41.3%)	$5,172 (-43.9%)	2.5%	$350.26	+7.6%	COM	437076102
MELI	MERCADOLIBRE INC	1,415 (-50.2%)	$2,447 (-57.3%)	1.2%	$2105.54	-1.9%	COM	58733R102
TSLA	TESLA INC	15,906 (-21.9%)	$5,913 (-35.5%)	2.9%	$327.71	+30.0%	COM	88160R101
PG	PROCTER & GAMBLE CO	57,043 (-26.5%)	$8,239 (-25.9%)	4.0%	$148.79	+2.0%	COM	742718109
COST	COSTCO WHOLESALE CORPORATION	9,974 (-30.2%)	$9,938 (-19.4%)	4.8%	$926.56	+4.0%	COM	22160K105
CCL	CARNIVAL CORP	72,500 (-46.1%)	$1,876 (-54.3%)	0.9%	$21.28	+45.8%	COMMON STOCK	143658300
LOW	LOWES COS INC	15,386 (-35.4%)	$3,635 (-36.7%)	1.8%	$222.77	+21.9%	COM	548661107
RACE	FERRARI N V	11,205 (-29.0%)	$3,792 (-35.0%)	1.8%	$361.00	-1.2%	COM	N3167Y103
KO	COCA COLA CO	96,519 (-27.3%)	$7,340 (-21.0%)	3.6%	$61.80	+21.0%	COM	191216100
WMT	WALMART INC	103,536 (-21.9%)	$12,867 (-12.9%)	6.2%	$80.59	+51.4%	COM	931142103
GOOGL	ALPHABET INC	43,388 (-4.3%)	$12,477 (-12.1%)	6.0%	$143.21	+125.7%	CAP STK CL A	02079K305
V	VISA INC	25,745 (-4.6%)	$7,781 (-17.8%)	3.8%	$289.70	+13.6%	COM CL A	92826C839
BABA	ALIBABA GROUP HLDG LTD	42,547 (-8.6%)	$5,338 (-21.8%)	2.6%	$121.43	—	SPONSORED ADS	01609W102
NFLX	NETFLIX INC.	45,873 (-24.9%)	$4,411 (-23.0%)	2.1%	$107.81	-22.2%	COM	64110L106
COIN	COINBASE GLOBAL INC	12,494 (-16.3%)	$2,182 (-35.4%)	1.1%	$325.36	-38.4%	COM CL A	19260Q107
UBER	UBER TECHNOLOGIES INC	51,350 (-4.6%)	$3,694 (-16.0%)	1.8%	$90.05	-12.6%	COM	90353T100
CL	COLGATE PALMOLIVE CO	47,816 (-18.3%)	$4,075 (-11.8%)	2.0%	$92.60	-4.2%	COM	194162103
DPZ	DOMINOS PIZZA INC	6,438 (-4.7%)	$2,310 (-18.0%)	1.1%	$415.46	-3.5%	COM	25754A201
MDLZ	MONDELEZ INTL INC	74,924 (-4.6%)	$4,319 (+2.2%)	2.1%	$60.03	-3.1%	CL A	609207105

Unchanged Positions (1)

META META PLATFORMS INC 5.4%

Value ($000) $11,067 Shares 19,344 Est. Cost $554.02 Unrealized +18.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
META	META PLATFORMS INC	19,344	$11,067	5.4%	$554.02	+18.3%	CL A	30303M102