Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WRBY	WARBY PARKER INC	139,589	$4.235M	0.8%	$30.34	—	CL A COM	93403J106
PKE	PARK AEROSPACE CORP	108,882	$4.155M	0.8%	$38.16	—	COM	70014A104
KRMN	KARMAN HLDGS INC	62,678	$3.129M	0.6%	$49.92	—	COMMON STOCK	485924104
AMSC	AMERICAN SUPERCONDUCTOR CORP	68,156	$2.829M	0.6%	$41.51	—	SHS NEW	030111207
FIGR	FIGURE TECHNOLOGY SOLUTIO	91,344	$2.805M	0.6%	$30.71	—	COM CL A	349381103
HTFL	HEARTFLOW INC	82,091	$2.409M	0.5%	$29.34	—	COM	42238D107
AMZN	AMAZON COM INC	903	$215K	0.0%	$238.34	—	COM	023135106

Increased Positions (5)

GWRE GUIDEWIRE SOFTWARE INC 3.3%

Value $16.44M (-16.0%) Shares 133,623 (+2.0%) Est. Cost $62.45 Unrealized —

LOAR LOAR HOLDINGS INC 1.4%

Value $6.837M (+60.8%) Shares 84,816 (+14.3%) Est. Cost $73.87 Unrealized —

SITM SITIME CORP 0.7%

Value $3.44M (+122.4%) Shares 4,614 (+3.0%) Est. Cost $388.36 Unrealized —

KRYS KRYSTAL BIOTECH INC 0.8%

Value $4.076M (+70.7%) Shares 10,968 (+18.6%) Est. Cost $287.98 Unrealized —

XPEL XPEL INC 0.8%

Value $3.922M (+71.7%) Shares 79,064 (+53.2%) Est. Cost $51.42 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GWRE	GUIDEWIRE SOFTWARE INC	133,623 (+2.0%)	$16.44M (-16.0%)	3.3%	$62.45	—	COM	40171V100
LOAR	LOAR HOLDINGS INC	84,816 (+14.3%)	$6.837M (+60.8%)	1.4%	$73.87	—	COM SHS	53947R105
SITM	SITIME CORP	4,614 (+3.0%)	$3.44M (+122.4%)	0.7%	$388.36	—	COM	82982T106
KRYS	KRYSTAL BIOTECH INC	10,968 (+18.6%)	$4.076M (+70.7%)	0.8%	$287.98	—	COM	501147102
XPEL	XPEL INC	79,064 (+53.2%)	$3.922M (+71.7%)	0.8%	$51.42	—	COM	98379L100

Exited Positions (9)

MELI MERCADOLIBRE INC 4.9%

Value $24.48M Shares 14,156 Est. Cost $934.33 Unrealized —

SHOP SHOPIFY INC 4.8%

Value $23.93M Shares 201,723 Est. Cost $43.21 Unrealized —

ICLR ICON PLC 3.5%

Value $17.49M Shares 158,018 Est. Cost $101.96 Unrealized —

CWAN CLEARWATER ANALYTICS HLDGS I 2.6%

Value $13.14M Shares 555,511 Est. Cost $19.52 Unrealized —

FLUT FLUTTER ENTMT PLC 2.3%

Value $11.34M Shares 111,273 Est. Cost $204.82 Unrealized —

TEAM ATLASSIAN CORPORATION 1.8%

Value $8.93M Shares 130,838 Est. Cost $140.50 Unrealized —

CTKB CYTEK BIOSCIENCES INC 1.3%

Value $6.47M Shares 1,480,506 Est. Cost $10.77 Unrealized —

DV DOUBLEVERIFY HLDGS INC 1.1%

Value $5.554M Shares 584,579 Est. Cost $29.04 Unrealized —

CHKP CHECK POINT SOFTWARE TECH LT 0.9%

Value $4.607M Shares 32,253 Est. Cost $92.03 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MELI	MERCADOLIBRE INC	14,156	$24.48M	4.9%	$934.33	—	—	58733R102
SHOP	SHOPIFY INC	201,723	$23.93M	4.8%	$43.21	—	—	82509L107
ICLR	ICON PLC	158,018	$17.49M	3.5%	$101.96	—	—	G4705A100
CWAN	CLEARWATER ANALYTICS HLDGS I	555,511	$13.14M	2.6%	$19.52	—	—	185123106
FLUT	FLUTTER ENTMT PLC	111,273	$11.34M	2.3%	$204.82	—	—	G3643J108
TEAM	ATLASSIAN CORPORATION	130,838	$8.93M	1.8%	$140.50	—	—	049468101
CTKB	CYTEK BIOSCIENCES INC	1,480,506	$6.47M	1.3%	$10.77	—	—	23285D109
DV	DOUBLEVERIFY HLDGS INC	584,579	$5.554M	1.1%	$29.04	—	—	25862V105
CHKP	CHECK POINT SOFTWARE TECH LT	32,253	$4.607M	0.9%	$92.03	—	—	M22465104

Decreased Positions (40)

CAMT CAMTEK LTD 5.8%

Value $29.19M (-69.0%) Shares 178,944 (-71.1%) Est. Cost $78.41 Unrealized —

CLBT CELLEBRITE DI LTD 3.3%

Value $16.65M (-55.3%) Shares 1,140,261 (-57.8%) Est. Cost $15.55 Unrealized —

GLBE GLOBAL E ONLINE LTD 4.8%

Value $23.81M (-44.8%) Shares 685,480 (-51.0%) Est. Cost $38.27 Unrealized —

ALRM ALARM COM HLDGS INC 1.1%

Value $5.635M (-63.7%) Shares 120,604 (-66.4%) Est. Cost $51.69 Unrealized —

XMTR XOMETRY INC 5.0%

Value $25M (+45.4%) Shares 259,008 (-38.5%) Est. Cost $33.54 Unrealized —

TYL TYLER TECHNOLOGIES INC 2.2%

Value $11.12M (-38.6%) Shares 38,028 (-28.1%) Est. Cost $83.45 Unrealized —

PAYC PAYCOM SOFTWARE INC 1.4%

Value $6.764M (-46.7%) Shares 53,823 (-48.5%) Est. Cost $78.03 Unrealized —

CGNX COGNEX CORP 5.1%

Value $25.49M (+25.5%) Shares 351,942 (-15.1%) Est. Cost $36.75 Unrealized —

DDOG DATADOG INC 5.1%

Value $25.47M (+22.2%) Shares 97,832 (-44.6%) Est. Cost $63.43 Unrealized —

CYRX CRYOPORT INC 2.1%

Value $10.52M (+62.8%) Shares 670,057 (-14.2%) Est. Cost $37.91 Unrealized —

PDFS PDF SOLUTIONS INC 1.4%

Value $7.237M (+112.1%) Shares 102,231 (-2.0%) Est. Cost $27.67 Unrealized —

TMDX TRANSMEDICS GROUP INC 1.2%

Value $5.966M (-38.7%) Shares 89,828 (-8.3%) Est. Cost $68.78 Unrealized —

CORT CORCEPT THERAPEUTICS INC 1.5%

Value $7.307M (+93.5%) Shares 84,041 (-10.3%) Est. Cost $72.36 Unrealized —

VCEL VERICEL CORP 4.5%

Value $22.43M (+17.7%) Shares 504,049 (-14.9%) Est. Cost $25.76 Unrealized —

AGYS AGILYSYS INC 2.8%

Value $13.83M (+26.7%) Shares 132,299 (-13.8%) Est. Cost $88.98 Unrealized —

ERII ENERGY RECOVERY INC 0.5%

Value $2.551M (-52.9%) Shares 282,866 (-47.4%) Est. Cost $22.66 Unrealized —

CRDO CREDO TECHNOLOGY GROUP HOLDI 0.9%

Value $4.27M (+185.1%) Shares 15,703 (-1.6%) Est. Cost $131.33 Unrealized —

RDVT RED VIOLET INC 1.5%

Value $7.43M (+58.4%) Shares 116,602 (-14.0%) Est. Cost $47.41 Unrealized —

WK WORKIVA INC 1.2%

Value $6.233M (-29.8%) Shares 128,497 (-13.8%) Est. Cost $90.67 Unrealized —

VEEV VEEVA SYS INC 3.5%

Value $17.65M (-12.6%) Shares 99,469 (-13.5%) Est. Cost $36.77 Unrealized —

INSP INSPIRE MED SYS INC 0.4%

Value $1.961M (-54.9%) Shares 43,951 (-47.9%) Est. Cost $187.43 Unrealized —

TECH BIO-TECHNE CORP 2.8%

Value $13.97M (-13.7%) Shares 197,665 (-36.1%) Est. Cost $64.37 Unrealized —

VCYT VERACYTE INC 1.1%

Value $5.639M (+62.4%) Shares 96,023 (-10.9%) Est. Cost $40.31 Unrealized —

UFPT UFP TECHNOLOGIES INC 2.7%

Value $13.44M (+18.0%) Shares 50,689 (-13.8%) Est. Cost $249.63 Unrealized —

KIDS ORTHOPEDIATRICS CORP 0.6%

Value $2.933M (-40.5%) Shares 153,314 (-50.6%) Est. Cost $47.52 Unrealized —

NCNO NCINO INC 1.2%

Value $6.056M (-23.7%) Shares 370,368 (-30.1%) Est. Cost $37.49 Unrealized —

SPSC SPS COMM INC 0.4%

Value $2.184M (-45.8%) Shares 38,208 (-47.2%) Est. Cost $168.44 Unrealized —

AXGN AXOGEN INC 2.1%

Value $10.4M (+21.0%) Shares 225,207 (-13.2%) Est. Cost $14.51 Unrealized —

BMI BADGER METER INC 1.8%

Value $9.232M (-16.0%) Shares 62,218 (-13.7%) Est. Cost $206.67 Unrealized —

MANH MANHATTAN ASSOCIATES INC 3.2%

Value $16.17M (-9.4%) Shares 116,118 (-13.4%) Est. Cost $40.25 Unrealized —

QTWO Q2 HLDGS INC 2.1%

Value $10.51M (-12.1%) Shares 218,489 (-13.5%) Est. Cost $64.55 Unrealized —

GKOS GLAUKOS CORP 4.7%

Value $23.47M (-5.2%) Shares 167,920 (-27.0%) Est. Cost $57.90 Unrealized —

APPF APPFOLIO INC 3.2%

Value $15.96M (-6.5%) Shares 99,549 (-7.9%) Est. Cost $116.71 Unrealized —

VERX VERTEX INC 0.9%

Value $4.292M (-16.9%) Shares 373,824 (-14.0%) Est. Cost $38.64 Unrealized —

RGEN REPLIGEN CORP 3.8%

Value $19.22M (-4.0%) Shares 140,899 (-17.1%) Est. Cost $177.63 Unrealized —

RXST RXSIGHT INC 0.2%

Value $1.043M (-32.0%) Shares 216,300 (-13.1%) Est. Cost $42.01 Unrealized —

INTA INTAPP INC 0.5%

Value $2.486M (-14.7%) Shares 98,603 (-13.1%) Est. Cost $43.22 Unrealized —

MAMA MAMAS CREATIONS INC 1.2%

Value $5.862M (+5.8%) Shares 328,395 (-9.1%) Est. Cost $9.07 Unrealized —

AVPT AVEPOINT INC 0.5%

Value $2.313M (+2.5%) Shares 206,292 (-13.1%) Est. Cost $13.81 Unrealized —

DUOL DUOLINGO INC 0.7%

Value $3.486M (+0.2%) Shares 30,304 (-14.2%) Est. Cost $334.45 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CAMT	CAMTEK LTD	178,944 (-71.1%)	$29.19M (-69.0%)	5.8%	$78.41	—	ORD	M20791105
CLBT	CELLEBRITE DI LTD	1,140,261 (-57.8%)	$16.65M (-55.3%)	3.3%	$15.55	—	ORDINARY SHARES	M2197Q107
GLBE	GLOBAL E ONLINE LTD	685,480 (-51.0%)	$23.81M (-44.8%)	4.8%	$38.27	—	SHS	M5216V106
ALRM	ALARM COM HLDGS INC	120,604 (-66.4%)	$5.635M (-63.7%)	1.1%	$51.69	—	COM	011642105
XMTR	XOMETRY INC	259,008 (-38.5%)	$25M (+45.4%)	5.0%	$33.54	—	CLASS A COM	98423F109
TYL	TYLER TECHNOLOGIES INC	38,028 (-28.1%)	$11.12M (-38.6%)	2.2%	$83.45	—	COM	902252105
PAYC	PAYCOM SOFTWARE INC	53,823 (-48.5%)	$6.764M (-46.7%)	1.4%	$78.03	—	COM	70432V102
CGNX	COGNEX CORP	351,942 (-15.1%)	$25.49M (+25.5%)	5.1%	$36.75	—	COM	192422103
DDOG	DATADOG INC	97,832 (-44.6%)	$25.47M (+22.2%)	5.1%	$63.43	—	CL A COM	23804L103
CYRX	CRYOPORT INC	670,057 (-14.2%)	$10.52M (+62.8%)	2.1%	$37.91	—	COM PAR $0.001	229050307
PDFS	PDF SOLUTIONS INC	102,231 (-2.0%)	$7.237M (+112.1%)	1.4%	$27.67	—	COM	693282105
TMDX	TRANSMEDICS GROUP INC	89,828 (-8.3%)	$5.966M (-38.7%)	1.2%	$68.78	—	COM	89377M109
CORT	CORCEPT THERAPEUTICS INC	84,041 (-10.3%)	$7.307M (+93.5%)	1.5%	$72.36	—	COM	218352102
VCEL	VERICEL CORP	504,049 (-14.9%)	$22.43M (+17.7%)	4.5%	$25.76	—	COM	92346J108
AGYS	AGILYSYS INC	132,299 (-13.8%)	$13.83M (+26.7%)	2.8%	$88.98	—	COM	00847J105
ERII	ENERGY RECOVERY INC	282,866 (-47.4%)	$2.551M (-52.9%)	0.5%	$22.66	—	COM	29270J100
CRDO	CREDO TECHNOLOGY GROUP HOLDI	15,703 (-1.6%)	$4.27M (+185.1%)	0.9%	$131.33	—	ORDINARY SHARES	G25457105
RDVT	RED VIOLET INC	116,602 (-14.0%)	$7.43M (+58.4%)	1.5%	$47.41	—	COM	75704L104
WK	WORKIVA INC	128,497 (-13.8%)	$6.233M (-29.8%)	1.2%	$90.67	—	COM CL A	98139A105
VEEV	VEEVA SYS INC	99,469 (-13.5%)	$17.65M (-12.6%)	3.5%	$36.77	—	CL A COM	922475108
INSP	INSPIRE MED SYS INC	43,951 (-47.9%)	$1.961M (-54.9%)	0.4%	$187.43	—	COM	457730109
TECH	BIO-TECHNE CORP	197,665 (-36.1%)	$13.97M (-13.7%)	2.8%	$64.37	—	COM	09073M104
VCYT	VERACYTE INC	96,023 (-10.9%)	$5.639M (+62.4%)	1.1%	$40.31	—	COM	92337F107
UFPT	UFP TECHNOLOGIES INC	50,689 (-13.8%)	$13.44M (+18.0%)	2.7%	$249.63	—	COM	902673102
KIDS	ORTHOPEDIATRICS CORP	153,314 (-50.6%)	$2.933M (-40.5%)	0.6%	$47.52	—	COM	68752L100
NCNO	NCINO INC	370,368 (-30.1%)	$6.056M (-23.7%)	1.2%	$37.49	—	COM	63947X101
SPSC	SPS COMM INC	38,208 (-47.2%)	$2.184M (-45.8%)	0.4%	$168.44	—	COM	78463M107
AXGN	AXOGEN INC	225,207 (-13.2%)	$10.4M (+21.0%)	2.1%	$14.51	—	COM	05463X106
BMI	BADGER METER INC	62,218 (-13.7%)	$9.232M (-16.0%)	1.8%	$206.67	—	COM	056525108
MANH	MANHATTAN ASSOCIATES INC	116,118 (-13.4%)	$16.17M (-9.4%)	3.2%	$40.25	—	COM	562750109
QTWO	Q2 HLDGS INC	218,489 (-13.5%)	$10.51M (-12.1%)	2.1%	$64.55	—	COM	74736L109
GKOS	GLAUKOS CORP	167,920 (-27.0%)	$23.47M (-5.2%)	4.7%	$57.90	—	COM	377322102
APPF	APPFOLIO INC	99,549 (-7.9%)	$15.96M (-6.5%)	3.2%	$116.71	—	COM CL A	03783C100
VERX	VERTEX INC	373,824 (-14.0%)	$4.292M (-16.9%)	0.9%	$38.64	—	CL A	92538J106
RGEN	REPLIGEN CORP	140,899 (-17.1%)	$19.22M (-4.0%)	3.8%	$177.63	—	COM	759916109
RXST	RXSIGHT INC	216,300 (-13.1%)	$1.043M (-32.0%)	0.2%	$42.01	—	COM	78349D107
INTA	INTAPP INC	98,603 (-13.1%)	$2.486M (-14.7%)	0.5%	$43.22	—	COM	45827U109
MAMA	MAMAS CREATIONS INC	328,395 (-9.1%)	$5.862M (+5.8%)	1.2%	$9.07	—	COM	56146T103
AVPT	AVEPOINT INC	206,292 (-13.1%)	$2.313M (+2.5%)	0.5%	$13.81	—	COM CL A	053604104
DUOL	DUOLINGO INC	30,304 (-14.2%)	$3.486M (+0.2%)	0.7%	$334.45	—	CL A COM	26603R106

Unchanged Positions (2)

GOOGL ALPHABET INC 0.1%

Value $266K Shares 744 Est. Cost $106.67 Unrealized —

AAPL APPLE INC 0.1%

Value $275K Shares 952 Est. Cost $91.13 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	744	$266K	0.1%	$106.67	—	CAP STK CL A	02079K305
AAPL	APPLE INC	952	$275K	0.1%	$91.13	—	COM	037833100