Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
DPC	DPC HOLDINGS PLC	7,693,605	$377M	8.8%	$49.06	$49.06	—	ORDINARY SHARES	G2R11M108
LFUS	LITTELFUSE INC	120,000	$54.64M	1.3%	$455.33	$455.33	—	COM	537008104
BWA	BORGWARNER INC	802,170	$53.26M	1.2%	$66.40	$66.40	—	COM	099724106
GTX	GARRETT MOTION INC	500,000	$18.11M	0.4%	$36.23	$36.23	—	COM	366505105
EROC	EROCK INC	110,000	$1.595M	0.0%	$14.50	$14.50	—	CL A COM	296013105
SITE	SITEONE LANDSCAPE SUPPLY INC	2,900	$332K	0.0%	$114.41	$114.41	—	COM	82982L103

Increased Positions (9)

FSLR FIRST SOLAR INC 14.5%

Value $620M (+44.4%) Shares 2,628,130 (+20.7%) Share Price $235.96 Est. Cost/Share $179.46 Unrealized @ Report Date —

STM STMICROELECTRONICS N V 5.4%

Value $232M (+192.2%) Shares 3,100,000 (+34.8%) Share Price $74.89 Est. Cost/Share $44.96 Unrealized @ Report Date —

IP INTERNATIONAL PAPER CO 4.5%

Value $194M (+29.6%) Shares 5,100,000 (+21.4%) Share Price $38.10 Est. Cost/Share $42.78 Unrealized @ Report Date —

JHX JAMES HARDIE INDS PLC 3.5%

Value $150M (+40.7%) Shares 5,723,900 (+1.8%) Share Price $26.18 Est. Cost/Share $23.36 Unrealized @ Report Date —

WOLF WOLFSPEED INC 1.1%

Value $45.11M (+212.4%) Shares 935,000 (+5.6%) Share Price $48.25 Est. Cost/Share $19.87 Unrealized @ Report Date —

BA BOEING CO 3.1%

Value $135M (+22.6%) Shares 621,583 (+12.7%) Share Price $216.47 Est. Cost/Share $208.63 Unrealized @ Report Date —

WMS ADVANCED DRAIN SYS INC DEL 1.8%

Value $75.34M (+48.5%) Shares 480,000 (+29.7%) Share Price $156.96 Est. Cost/Share $150.46 Unrealized @ Report Date —

CNM CORE & MAIN INC 1.2%

Value $49.63M (+15.8%) Shares 1,028,650 (+18.6%) Share Price $48.25 Est. Cost/Share $38.80 Unrealized @ Report Date —

CRH CRH PLC 2.8%

Value $118M (+4.6%) Shares 1,106,400 (+2.8%) Share Price $107.00 Est. Cost/Share $58.97 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FSLR	FIRST SOLAR INC	2,628,130 (+20.7%)	$620M (+44.4%)	14.5%	$235.96	$179.46	—	COM	336433107
STM	STMICROELECTRONICS N V	3,100,000 (+34.8%)	$232M (+192.2%)	5.4%	$74.89	$44.96	—	NY REGISTRY	861012102
IP	INTERNATIONAL PAPER CO	5,100,000 (+21.4%)	$194M (+29.6%)	4.5%	$38.10	$42.78	—	COM	460146103
JHX	JAMES HARDIE INDS PLC	5,723,900 (+1.8%)	$150M (+40.7%)	3.5%	$26.18	$23.36	—	ORD SHS	G4253H101
WOLF	WOLFSPEED INC	935,000 (+5.6%)	$45.11M (+212.4%)	1.1%	$48.25	$19.87	—	COMMON STOCK	97785W106
BA	BOEING CO	621,583 (+12.7%)	$135M (+22.6%)	3.1%	$216.47	$208.63	—	COM	097023105
WMS	ADVANCED DRAIN SYS INC DEL	480,000 (+29.7%)	$75.34M (+48.5%)	1.8%	$156.96	$150.46	—	COM	00790R104
CNM	CORE & MAIN INC	1,028,650 (+18.6%)	$49.63M (+15.8%)	1.2%	$48.25	$38.80	—	CL A	21874C102
CRH	CRH PLC	1,106,400 (+2.8%)	$118M (+4.6%)	2.8%	$107.00	$58.97	—	ORD	G25508105

Exited Positions (1)

EQPT EQUIPMENTSHARE COM INC 0.4%

Value $15.28M Shares 750,000 Share Price $20.37 Est. Cost/Share $20.37 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EQPT	EQUIPMENTSHARE COM INC	750,000	$15.28M	0.4%	$20.37	$20.37	—	—	29445S100

Unchanged Positions (13)

MTZ MASTEC INC 20.9%

Value $897M Shares 2,155,000 Share Price $416.06 Est. Cost/Share $76.00 Unrealized @ Report Date —

DY DYCOM INDS INC 11.9%

Value $511M Shares 1,009,784 Share Price $505.59 Est. Cost/Share $113.53 Unrealized @ Report Date —

GVA GRANITE CONSTR INC 4.1%

Value $176M Shares 1,110,248 Share Price $158.08 Est. Cost/Share $58.74 Unrealized @ Report Date —

ATKR ATKORE INC 1.3%

Value $55.06M Shares 724,106 Share Price $76.04 Est. Cost/Share $64.34 Unrealized @ Report Date —

ENS ENERSYS 1.0%

Value $44.43M Shares 190,000 Share Price $233.82 Est. Cost/Share $78.55 Unrealized @ Report Date —

TREX TREX INC 0.6%

Value $27.52M Shares 550,000 Share Price $50.04 Est. Cost/Share $40.45 Unrealized @ Report Date —

CX CEMEX SA EURO MTN BE 144A 3.0%

Value $130M Shares 10,802,750 Share Price $12.00 Est. Cost/Share $8.18 Unrealized @ Report Date —

WBI WATERBRIDGE INFRASTRUCTURE L 0.6%

Value $23.99M Shares 700,000 Share Price $34.27 Est. Cost/Share $23.45 Unrealized @ Report Date —

TFII TFI INTERNATIONAL INC 0.5%

Value $20.82M Shares 145,000 Share Price $143.57 Est. Cost/Share $67.93 Unrealized @ Report Date —

CTRI CENTURI HOLDINGS INC 2.8%

Value $122M Shares 4,030,000 Share Price $30.24 Est. Cost/Share $20.03 Unrealized @ Report Date —

ARRY ARRAY TECHNOLOGIES INC 2.2%

Value $95.52M Shares 12,891,300 Share Price $7.41 Est. Cost/Share $14.13 Unrealized @ Report Date —

MWH SOLV ENERGY INC 0.2%

Value $8.512M Shares 250,000 Share Price $34.05 Est. Cost/Share $30.03 Unrealized @ Report Date —

ATS ATS CORPORATION 1.1%

Value $47.48M Shares 1,649,857 Share Price $28.78 Est. Cost/Share $28.14 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MTZ	MASTEC INC	2,155,000	$897M	20.9%	$416.06	$76.00	—	COM	576323109
DY	DYCOM INDS INC	1,009,784	$511M	11.9%	$505.59	$113.53	—	COM	267475101
GVA	GRANITE CONSTR INC	1,110,248	$176M	4.1%	$158.08	$58.74	—	COM	387328107
ATKR	ATKORE INC	724,106	$55.06M	1.3%	$76.04	$64.34	—	COM	047649108
ENS	ENERSYS	190,000	$44.43M	1.0%	$233.82	$78.55	—	COM	29275Y102
TREX	TREX INC	550,000	$27.52M	0.6%	$50.04	$40.45	—	COM	89531P105
CX	CEMEX SA EURO MTN BE 144A	10,802,750	$130M	3.0%	$12.00	$8.18	—	SPON ADR NEW	151290889
WBI	WATERBRIDGE INFRASTRUCTURE L	700,000	$23.99M	0.6%	$34.27	$23.45	—	CL A SHS REPSTG	940923105
TFII	TFI INTERNATIONAL INC	145,000	$20.82M	0.5%	$143.57	$67.93	—	COM	87241L109
CTRI	CENTURI HOLDINGS INC	4,030,000	$122M	2.8%	$30.24	$20.03	—	COM SHS	155923105
ARRY	ARRAY TECHNOLOGIES INC	12,891,300	$95.52M	2.2%	$7.41	$14.13	—	COM SHS	04271T100
MWH	SOLV ENERGY INC	250,000	$8.512M	0.2%	$34.05	$30.03	—	COM SHS CL A	78475V103
ATS	ATS CORPORATION	1,649,857	$47.48M	1.1%	$28.78	$28.14	—	COM	00217Y104