Capital International, Inc./CA/ Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TTE	TOTALENERGIES SE	2,632,676	$171,919	1.4%	$63.23	0.0%	ACT	F92124100
—	AMCOR PLC	3,489,973	$29,106	0.2%	$8.25	0.0%	ORD	G0250X107
PAAS	PAN AMERN SILVER CORP	549,330	$28,461	0.2%	$41.86	0.0%	COM	697900108
PSA	PUBLIC STORAGE OPER CO	91,041	$23,625	0.2%	$277.29	0.0%	COM	74460D109
VRSK	VERISK ANALYTICS INC	75,462	$16,880	0.1%	$225.29	0.0%	COM	92345Y106
ECL	ECOLAB INC	53,649	$14,084	0.1%	$265.71	0.0%	COM	278865100
—	SOUTHERN CO	187,941	$9,465	0.1%	$50.36	—	UNIT 12/15/2028	842587842
VTR	VENTAS INC	108,902	$8,427	0.1%	$74.98	0.0%	COM	92276F100
HPE	HEWLETT PACKARD ENTERPRISE C	262,216	$6,298	0.0%	$23.44	0.0%	COM	42824C109
BRO	BROWN & BROWN INC	64,880	$5,171	0.0%	$83.36	0.0%	COM	115236101
RELX	RELX PLC	121,655	$4,917	0.0%	$40.42	—	SPONSORED ADR	759530108
EQH	EQUITABLE HLDGS INC	101,901	$4,856	0.0%	$47.25	0.0%	COM	29452E101
CSX	CSX CORP	133,492	$4,839	0.0%	$35.70	0.0%	COM	126408103
TT	TRANE TECHNOLOGIES PLC	11,405	$4,439	0.0%	$413.59	0.0%	SHS	G8994E103
RDDT	REDDIT INC	15,926	$3,661	0.0%	$210.30	0.0%	CL A	75734B100
MDB	MONGODB INC	8,135	$3,414	0.0%	$363.83	0.0%	CL A	60937P106
MCK	MCKESSON CORP	3,606	$2,958	0.0%	$815.57	0.0%	COM	58155Q103
SCHW	SCHWAB CHARLES CORP	27,190	$2,717	0.0%	$94.74	0.0%	COM	808513105
CAH	CARDINAL HEALTH INC	9,902	$2,035	0.0%	$187.72	0.0%	COM	14149Y108
CCI	CROWN CASTLE INC	18,035	$1,603	0.0%	$91.09	0.0%	COM	22822V101
LOAR	LOAR HOLDINGS INC	11,755	$799	0.0%	$72.91	0.0%	COM SHS	53947R105
CAVA	CAVA GROUP INC	12,981	$762	0.0%	$55.77	0.0%	COM	148929102

Increased Positions (150)

NFLX NETFLIX INC 0.3%

Value ($000) $39,804 (-63.3%) Shares 424,529 (+369.8%) Est. Cost $94.05 Unrealized +14.6%

AAPL APPLE INC 2.2%

Value ($000) $279,058 (+26.6%) Shares 1,026,477 (+18.6%) Est. Cost $174.21 Unrealized +54.0%

BAC BANK AMERICA CORP 1.1%

Value ($000) $138,319 (+58.9%) Shares 2,514,885 (+49.1%) Est. Cost $45.06 Unrealized +16.9%

MSFT MICROSOFT CORP 5.0%

Value ($000) $633,014 (-5.6%) Shares 1,308,907 (+1.1%) Est. Cost $299.54 Unrealized +67.1%

LII LENNOX INTL INC 0.3%

Value ($000) $38,761 (+1052.6%) Shares 79,825 (+1156.5%) Est. Cost $504.05 Unrealized -0.9%

HTHT H WORLD GROUP LTD 0.3%

Value ($000) $39,530 (+509.9%) Shares 840,173 (+406.9%) Est. Cost $45.05 Unrealized —

AMGN AMGEN INC 1.1%

Value ($000) $139,275 (+27.6%) Shares 425,513 (+10.0%) Est. Cost $284.96 Unrealized +10.9%

DE DEERE & CO 0.4%

Value ($000) $52,031 (+110.0%) Shares 111,758 (+106.2%) Est. Cost $452.28 Unrealized +3.4%

JNJ JOHNSON & JOHNSON 0.2%

Value ($000) $29,563 (+393.6%) Shares 142,851 (+342.3%) Est. Cost $190.79 Unrealized +3.3%

SPOT SPOTIFY TECHNOLOGY S A 0.3%

Value ($000) $33,270 (+220.1%) Shares 57,292 (+284.7%) Est. Cost $608.93 Unrealized +2.7%

CRM SALESFORCE INC 0.9%

Value ($000) $112,945 (+25.0%) Shares 426,351 (+11.9%) Est. Cost $232.10 Unrealized +6.9%

IBM INTERNATIONAL BUSINESS MACHS 0.4%

Value ($000) $49,095 (+58.5%) Shares 165,744 (+51.0%) Est. Cost $259.89 Unrealized +15.0%

AMZN AMAZON COM INC 1.5%

Value ($000) $188,184 (+10.6%) Shares 815,286 (+5.2%) Est. Cost $185.47 Unrealized +23.4%

APH AMPHENOL CORP NEW 0.3%

Value ($000) $42,293 (+70.2%) Shares 312,958 (+55.9%) Est. Cost $118.05 Unrealized +13.1%

CAT CATERPILLAR INC 0.4%

Value ($000) $48,474 (+52.7%) Shares 84,616 (+27.2%) Est. Cost $332.15 Unrealized +67.2%

EXC EXELON CORP 0.1%

Value ($000) $17,694 (+1366.8%) Shares 405,916 (+1414.6%) Est. Cost $45.32 Unrealized +0.3%

WELL WELLTOWER INC 1.1%

Value ($000) $138,145 (+13.4%) Shares 744,277 (+8.8%) Est. Cost $120.47 Unrealized +54.8%

CPNG COUPANG INC 0.4%

Value ($000) $46,646 (-25.6%) Shares 1,977,356 (+1.5%) Est. Cost $22.63 Unrealized +25.7%

RCL ROYAL CARIBBEAN GROUP 1.4%

Value ($000) $174,183 (-8.3%) Shares 624,491 (+6.3%) Est. Cost $113.27 Unrealized +148.6%

CVE CENOVUS ENERGY INC 0.6%

Value ($000) $76,563 (+25.9%) Shares 4,525,223 (+26.3%) Est. Cost $16.36 Unrealized +6.1%

MELI MERCADOLIBRE INC 0.8%

Value ($000) $107,878 (-12.5%) Shares 53,557 (+1.6%) Est. Cost $746.03 Unrealized +181.6%

PAYX PAYCHEX INC 0.4%

Value ($000) $45,785 (+49.7%) Shares 408,140 (+69.1%) Est. Cost $121.88 Unrealized -4.4%

KO COCA COLA CO 0.3%

Value ($000) $39,630 (+59.9%) Shares 566,868 (+51.7%) Est. Cost $66.45 Unrealized +4.4%

ABBV ABBVIE INC 0.5%

Value ($000) $69,413 (+24.7%) Shares 303,791 (+26.4%) Est. Cost $173.63 Unrealized +31.1%

V VISA INC 1.4%

Value ($000) $179,821 (+8.3%) Shares 512,734 (+5.4%) Est. Cost $239.97 Unrealized +41.8%

DLTR DOLLAR TREE INC 0.1%

Value ($000) $14,283 (+2533.0%) Shares 116,109 (+1920.0%) Est. Cost $105.59 Unrealized +1.5%

KKR KKR & CO INC 0.5%

Value ($000) $66,182 (+25.8%) Shares 519,158 (+28.3%) Est. Cost $92.69 Unrealized +34.1%

IT GARTNER INC 0.1%

Value ($000) $15,204 (+447.2%) Shares 60,267 (+470.2%) Est. Cost $249.63 Unrealized -3.6%

WSO WATSCO INC 0.2%

Value ($000) $19,699 (+166.5%) Shares 58,462 (+219.8%) Est. Cost $379.12 Unrealized -5.8%

PM PHILIP MORRIS INTL INC 2.2%

Value ($000) $280,778 (+4.5%) Shares 1,750,489 (+5.7%) Est. Cost $103.00 Unrealized +49.1%

KDP KEURIG DR PEPPER INC 0.3%

Value ($000) $38,495 (+45.1%) Shares 1,374,337 (+32.1%) Est. Cost $30.37 Unrealized -10.3%

MAR MARRIOTT INTL INC NEW 0.4%

Value ($000) $46,135 (+33.4%) Shares 148,708 (+12.0%) Est. Cost $213.30 Unrealized +33.8%

DHR DANAHER CORPORATION 0.5%

Value ($000) $65,416 (+21.1%) Shares 285,758 (+4.9%) Est. Cost $168.92 Unrealized +30.0%

FTAI FTAI AVIATION LTD 0.4%

Value ($000) $48,501 (+30.7%) Shares 246,385 (+10.8%) Est. Cost $84.56 Unrealized +101.3%

INTC INTEL CORP 0.2%

Value ($000) $30,126 (+56.9%) Shares 816,422 (+42.6%) Est. Cost $29.44 Unrealized +28.3%

APD AIR PRODS & CHEMS INC 0.4%

Value ($000) $45,757 (+31.2%) Shares 185,237 (+44.8%) Est. Cost $277.33 Unrealized -9.3%

PBR PETROLEO BRASILEIRO SA PETRO 0.2%

Value ($000) $23,023 (+87.9%) Shares 1,942,862 (+100.7%) Est. Cost $12.18 Unrealized —

BTI BRITISH AMERN TOB PLC 0.6%

Value ($000) $70,970 (+17.7%) Shares 1,253,448 (+10.3%) Est. Cost $46.52 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.4%

Value ($000) $54,359 (+24.1%) Shares 93,812 (+3.9%) Est. Cost $457.54 Unrealized +23.5%

UNP UNION PAC CORP 0.3%

Value ($000) $43,139 (+29.9%) Shares 186,489 (+32.8%) Est. Cost $215.44 Unrealized +5.5%

WMT WALMART INC 0.1%

Value ($000) $12,767 (+315.0%) Shares 114,597 (+283.9%) Est. Cost $105.12 Unrealized +2.0%

AXP AMERICAN EXPRESS CO 0.2%

Value ($000) $26,206 (+55.2%) Shares 70,836 (+39.4%) Est. Cost $297.16 Unrealized +20.1%

STZ CONSTELLATION BRANDS INC 0.2%

Value ($000) $25,589 (+51.7%) Shares 185,479 (+48.1%) Est. Cost $175.14 Unrealized -21.9%

CMG CHIPOTLE MEXICAN GRILL INC 0.2%

Value ($000) $21,191 (+67.8%) Shares 572,732 (+77.7%) Est. Cost $48.17 Unrealized -24.9%

YUM YUM BRANDS INC 0.5%

Value ($000) $63,658 (+14.9%) Shares 420,796 (+15.4%) Est. Cost $122.96 Unrealized +20.1%

AEM AGNICO EAGLE MINES LTD 0.1%

Value ($000) $14,994 (+121.5%) Shares 88,378 (+119.9%) Est. Cost $149.13 Unrealized +12.6%

YMM FULL TRUCK ALLIANCE CO LTD 0.3%

Value ($000) $41,852 (-16.4%) Shares 3,900,483 (+1.1%) Est. Cost $12.95 Unrealized —

DAL DELTA AIR LINES INC DEL 0.3%

Value ($000) $36,504 (+28.8%) Shares 525,993 (+5.3%) Est. Cost $45.35 Unrealized +37.7%

MRSH MARSH & MCLENNAN COS INC 1.0%

Value ($000) $126,701 (-5.8%) Shares 682,950 (+2.3%) Est. Cost $178.04 Unrealized +4.7%

NOW SERVICENOW INC 0.3%

Value ($000) $39,540 (-16.4%) Shares 258,112 (+402.4%) Est. Cost $150.73 Unrealized +13.8%

TMUS T-MOBILE US INC 0.1%

Value ($000) $13,718 (+125.7%) Shares 67,565 (+166.1%) Est. Cost $214.23 Unrealized -1.4%

ACN ACCENTURE PLC IRELAND 0.4%

Value ($000) $52,175 (+16.0%) Shares 194,467 (+6.6%) Est. Cost $290.16 Unrealized -12.4%

MDLZ MONDELEZ INTL INC 0.5%

Value ($000) $64,764 (+12.3%) Shares 1,203,129 (+30.4%) Est. Cost $60.03 Unrealized -4.9%

TBBB BBB FOODS INC 0.3%

Value ($000) $34,135 (+25.4%) Shares 1,022,314 (+1.3%) Est. Cost $22.29 Unrealized +34.2%

— BOEING CO 0.1%

Value ($000) $18,855 (+57.1%) Shares 273,024 (+58.3%) Est. Cost $65.75 Unrealized —

WCN WASTE CONNECTIONS INC 0.2%

Value ($000) $28,276 (+32.0%) Shares 161,247 (+32.3%) Est. Cost $156.47 Unrealized +10.4%

HD HOME DEPOT INC 0.4%

Value ($000) $51,742 (-11.4%) Shares 150,368 (+4.3%) Est. Cost $325.87 Unrealized +11.9%

SPGI S&P GLOBAL INC 0.3%

Value ($000) $36,955 (+19.8%) Shares 70,716 (+11.6%) Est. Cost $446.14 Unrealized +10.8%

CFG CITIZENS FINL GROUP INC 0.3%

Value ($000) $38,233 (+18.6%) Shares 654,571 (+8.0%) Est. Cost $42.78 Unrealized +25.3%

PFE PFIZER INC 0.1%

Value ($000) $8,794 (+175.9%) Shares 353,156 (+182.3%) Est. Cost $28.05 Unrealized -10.7%

MTD METTLER TOLEDO INTERNATIONAL 0.2%

Value ($000) $31,454 (+20.2%) Shares 22,561 (+5.8%) Est. Cost $1327.73 Unrealized +5.2%

HUM HUMANA INC 0.1%

Value ($000) $13,045 (+65.5%) Shares 50,930 (+68.1%) Est. Cost $280.80 Unrealized -6.9%

XOM EXXON MOBIL CORP 0.3%

Value ($000) $41,129 (+14.0%) Shares 341,776 (+6.8%) Est. Cost $104.05 Unrealized +11.0%

TJX TJX COS INC NEW 0.2%

Value ($000) $30,078 (+18.4%) Shares 195,806 (+11.4%) Est. Cost $116.60 Unrealized +26.7%

GM GENERAL MTRS CO 0.1%

Value ($000) $10,872 (+74.0%) Shares 133,693 (+30.5%) Est. Cost $51.52 Unrealized +36.6%

ILMN ILLUMINA INC 0.1%

Value ($000) $12,845 (+55.2%) Shares 97,935 (+12.4%) Est. Cost $112.20 Unrealized +4.6%

FLUT FLUTTER ENTMT PLC 0.4%

Value ($000) $50,699 (-8.2%) Shares 235,767 (+8.4%) Est. Cost $212.79 Unrealized +5.7%

BZ KANZHUN LIMITED 0.4%

Value ($000) $53,978 (-7.8%) Shares 2,648,591 (+5.7%) Est. Cost $21.09 Unrealized —

CVS CVS HEALTH CORP 0.5%

Value ($000) $68,816 (+7.0%) Shares 867,134 (+1.7%) Est. Cost $64.02 Unrealized +22.9%

RPRX ROYALTY PHARMA PLC 0.2%

Value ($000) $28,562 (+18.9%) Shares 739,185 (+8.5%) Est. Cost $33.61 Unrealized +13.5%

RGLD ROYAL GOLD INC 0.1%

Value ($000) $8,397 (+107.0%) Shares 37,773 (+86.8%) Est. Cost $176.63 Unrealized +12.3%

BG BUNGE GLOBAL SA 0.1%

Value ($000) $11,797 (+56.6%) Shares 132,426 (+42.8%) Est. Cost $89.07 Unrealized +3.1%

ATO ATMOS ENERGY CORP 0.4%

Value ($000) $48,556 (+9.5%) Shares 289,663 (+11.6%) Est. Cost $131.07 Unrealized +31.5%

ALGN ALIGN TECHNOLOGY INC 0.1%

Value ($000) $9,649 (+70.7%) Shares 61,793 (+36.9%) Est. Cost $157.02 Unrealized -8.7%

COP CONOCOPHILLIPS 0.5%

Value ($000) $67,919 (+6.0%) Shares 725,548 (+7.2%) Est. Cost $78.96 Unrealized +14.0%

PH PARKER-HANNIFIN CORP 0.2%

Value ($000) $24,425 (+18.8%) Shares 27,788 (+2.5%) Est. Cost $680.61 Unrealized +20.2%

CMCSA COMCAST CORP NEW 0.4%

Value ($000) $50,532 (+8.1%) Shares 1,690,598 (+13.6%) Est. Cost $36.08 Unrealized -20.9%

— KKR & CO INC 0.1%

Value ($000) $14,122 (+34.1%) Shares 272,414 (+35.4%) Est. Cost $51.56 Unrealized —

ITT ITT INC 0.1%

Value ($000) $6,409 (+122.9%) Shares 36,935 (+129.6%) Est. Cost $144.54 Unrealized +24.0%

NTR NUTRIEN LTD 0.3%

Value ($000) $39,859 (+8.8%) Shares 645,764 (+3.5%) Est. Cost $51.63 Unrealized +14.0%

TEL TE CONNECTIVITY PLC 0.2%

Value ($000) $31,547 (+11.3%) Shares 138,660 (+7.4%) Est. Cost $193.48 Unrealized +19.5%

COST COSTCO WHSL CORP NEW 0.4%

Value ($000) $52,247 (-5.7%) Shares 60,588 (+1.2%) Est. Cost $556.29 Unrealized +62.8%

COO COOPER COS INC 0.1%

Value ($000) $9,688 (+47.0%) Shares 118,210 (+22.9%) Est. Cost $79.65 Unrealized -6.0%

G GENPACT LIMITED 0.1%

Value ($000) $16,742 (+21.1%) Shares 357,897 (+8.5%) Est. Cost $38.96 Unrealized +11.0%

PNC PNC FINL SVCS GROUP INC 0.1%

Value ($000) $9,166 (+43.7%) Shares 43,914 (+38.4%) Est. Cost $167.37 Unrealized +15.2%

BURL BURLINGTON STORES INC 0.2%

Value ($000) $20,921 (+14.7%) Shares 72,428 (+1.1%) Est. Cost $183.83 Unrealized +47.6%

RBLX ROBLOX CORP 0.2%

Value ($000) $25,493 (-9.4%) Shares 314,617 (+54.8%) Est. Cost $86.13 Unrealized +23.3%

UNH UNITEDHEALTH GROUP INC 1.1%

Value ($000) $138,983 (+1.9%) Shares 421,019 (+6.6%) Est. Cost $365.84 Unrealized -7.8%

ICLR ICON PLC 0.0%

Value ($000) $3,074 (+524.5%) Shares 16,872 (+499.8%) Est. Cost $176.29 Unrealized +1.0%

BSX BOSTON SCIENTIFIC CORP 0.2%

Value ($000) $21,161 (+13.0%) Shares 221,927 (+15.7%) Est. Cost $87.80 Unrealized +11.7%

CNQ CANADIAN NAT RES LTD 0.3%

Value ($000) $32,167 (+8.0%) Shares 950,104 (+2.0%) Est. Cost $31.03 Unrealized +4.5%

ICE INTERCONTINENTAL EXCHANGE IN 0.1%

Value ($000) $7,221 (+48.0%) Shares 44,585 (+54.0%) Est. Cost $153.70 Unrealized +1.6%

— APOLLO GLOBAL MGMT INC 0.0%

Value ($000) $3,555 (+187.7%) Shares 47,072 (+167.7%) Est. Cost $72.56 Unrealized —

PG PROCTER AND GAMBLE CO 0.1%

Value ($000) $17,440 (+15.1%) Shares 121,697 (+23.4%) Est. Cost $152.18 Unrealized -3.3%

NTES NETEASE INC 0.2%

Value ($000) $26,698 (-7.7%) Shares 193,997 (+1.9%) Est. Cost $107.08 Unrealized —

QSR RESTAURANT BRANDS INTL INC 0.1%

Value ($000) $16,322 (+15.3%) Shares 239,219 (+8.4%) Est. Cost $63.97 Unrealized +7.7%

BN BROOKFIELD CORP 0.1%

Value ($000) $7,384 (-22.7%) Shares 160,900 (+15.6%) Est. Cost $36.71 Unrealized +24.1%

WPM WHEATON PRECIOUS METALS CORP 0.2%

Value ($000) $31,041 (+7.2%) Shares 264,131 (+2.0%) Est. Cost $73.71 Unrealized +45.3%

FE FIRSTENERGY CORP 0.2%

Value ($000) $27,912 (+7.5%) Shares 623,451 (+10.0%) Est. Cost $39.87 Unrealized +14.7%

OWL BLUE OWL CAPITAL INC 0.0%

Value ($000) $2,737 (+206.7%) Shares 183,198 (+247.5%) Est. Cost $15.98 Unrealized -2.1%

KOF COCA-COLA FEMSA SAB DE CV 0.1%

Value ($000) $9,118 (+24.7%) Shares 96,278 (+9.4%) Est. Cost $95.69 Unrealized —

CHD CHURCH & DWIGHT CO INC 0.2%

Value ($000) $23,891 (+7.9%) Shares 284,927 (+12.8%) Est. Cost $88.52 Unrealized -3.7%

EPAM EPAM SYS INC 0.0%

Value ($000) $2,626 (+155.4%) Shares 12,817 (+88.0%) Est. Cost $215.84 Unrealized -17.4%

TSCO TRACTOR SUPPLY CO 0.2%

Value ($000) $22,362 (-6.5%) Shares 447,149 (+6.3%) Est. Cost $53.25 Unrealized +0.9%

NKE NIKE INC 0.2%

Value ($000) $25,413 (+6.5%) Shares 398,885 (+16.6%) Est. Cost $75.62 Unrealized -14.2%

KEYS KEYSIGHT TECHNOLOGIES INC 0.0%

Value ($000) $5,042 (+43.3%) Shares 24,814 (+23.4%) Est. Cost $158.39 Unrealized +17.2%

HSY HERSHEY CO 0.1%

Value ($000) $15,540 (+10.5%) Shares 85,393 (+13.6%) Est. Cost $179.91 Unrealized +1.2%

MMM 3M CO 0.2%

Value ($000) $29,665 (+5.1%) Shares 185,288 (+1.9%) Est. Cost $136.90 Unrealized +19.2%

CPRT COPART INC 0.1%

Value ($000) $14,220 (+11.1%) Shares 363,226 (+27.6%) Est. Cost $42.22 Unrealized -1.8%

WM WASTE MGMT INC DEL 0.0%

Value ($000) $4,796 (+41.7%) Shares 21,830 (+42.4%) Est. Cost $220.37 Unrealized -3.5%

LHX L3HARRIS TECHNOLOGIES INC 0.3%

Value ($000) $37,466 (+3.7%) Shares 127,622 (+7.9%) Est. Cost $224.06 Unrealized +28.7%

MO ALTRIA GROUP INC 0.1%

Value ($000) $16,663 (-7.1%) Shares 288,981 (+6.4%) Est. Cost $43.22 Unrealized +37.3%

KEY KEYCORP 0.1%

Value ($000) $10,436 (+13.6%) Shares 505,607 (+2.9%) Est. Cost $17.32 Unrealized +6.8%

HAL HALLIBURTON CO 0.0%

Value ($000) $5,265 (+31.1%) Shares 186,310 (+14.1%) Est. Cost $29.39 Unrealized -10.5%

ABT ABBOTT LABS 1.0%

Value ($000) $128,085 (-0.9%) Shares 1,022,306 (+5.9%) Est. Cost $105.29 Unrealized +20.9%

FICO FAIR ISAAC CORP 0.1%

Value ($000) $8,695 (+15.3%) Shares 5,143 (+2.1%) Est. Cost $1508.22 Unrealized +14.1%

PGR PROGRESSIVE CORP 0.3%

Value ($000) $43,685 (-2.5%) Shares 191,837 (+5.7%) Est. Cost $195.26 Unrealized +8.7%

TTEK TETRA TECH INC NEW 0.0%

Value ($000) $3,202 (+54.9%) Shares 95,457 (+54.2%) Est. Cost $35.46 Unrealized -4.6%

CVX CHEVRON CORP NEW 0.1%

Value ($000) $9,007 (+13.7%) Shares 59,100 (+15.8%) Est. Cost $147.90 Unrealized +2.4%

EWBC EAST WEST BANCORP INC 0.1%

Value ($000) $6,793 (+18.0%) Shares 60,445 (+11.8%) Est. Cost $47.14 Unrealized +123.1%

KT KT CORP 0.3%

Value ($000) $41,457 (+2.5%) Shares 2,185,396 (+5.4%) Est. Cost $19.15 Unrealized —

JCI JOHNSON CTLS INTL PLC 0.1%

Value ($000) $9,216 (+12.5%) Shares 76,958 (+3.3%) Est. Cost $81.49 Unrealized +40.9%

DUOL DUOLINGO INC 0.0%

Value ($000) $1,408 (-42.0%) Shares 8,021 (+6.3%) Est. Cost $385.26 Unrealized -38.8%

RSG REPUBLIC SVCS INC 0.1%

Value ($000) $8,113 (+13.3%) Shares 38,283 (+22.7%) Est. Cost $204.18 Unrealized +5.1%

SLB SLB LIMITED 0.1%

Value ($000) $6,701 (+14.0%) Shares 174,600 (+2.1%) Est. Cost $41.00 Unrealized -12.0%

NEE NEXTERA ENERGY INC 0.0%

Value ($000) $5,111 (+18.9%) Shares 63,670 (+11.8%) Est. Cost $62.62 Unrealized +31.7%

MTN VAIL RESORTS INC 0.1%

Value ($000) $9,768 (-7.4%) Shares 73,551 (+4.3%) Est. Cost $169.54 Unrealized -13.2%

PDD PDD HOLDINGS INC 0.4%

Value ($000) $46,437 (-1.6%) Shares 409,537 (+14.7%) Est. Cost $108.12 Unrealized —

DTE DTE ENERGY CO 0.1%

Value ($000) $15,256 (+4.5%) Shares 118,281 (+14.6%) Est. Cost $128.01 Unrealized +5.3%

AMT AMERICAN TOWER CORP NEW 0.1%

Value ($000) $9,070 (+7.2%) Shares 51,663 (+17.4%) Est. Cost $194.12 Unrealized -7.1%

REXR REXFORD INDL RLTY INC 0.0%

Value ($000) $3,733 (+19.4%) Shares 96,409 (+26.7%) Est. Cost $48.66 Unrealized —

IP INTERNATIONAL PAPER CO 0.2%

Value ($000) $31,402 (-1.9%) Shares 797,220 (+15.6%) Est. Cost $47.59 Unrealized -14.2%

DHI D R HORTON INC 0.2%

Value ($000) $28,078 (-2.0%) Shares 194,947 (+15.4%) Est. Cost $142.18 Unrealized +6.9%

SCI SERVICE CORP INTL 0.0%

Value ($000) $2,443 (+23.5%) Shares 31,330 (+31.9%) Est. Cost $77.00 Unrealized +3.9%

SBUX STARBUCKS CORP 0.5%

Value ($000) $61,930 (+0.6%) Shares 735,427 (+1.1%) Est. Cost $87.89 Unrealized -4.4%

MMYT MAKEMYTRIP LIMITED MAURITIUS 0.3%

Value ($000) $43,631 (+0.7%) Shares 531,303 (+14.8%) Est. Cost $45.39 Unrealized +80.7%

CRH CRH PLC 0.0%

Value ($000) $2,291 (+12.0%) Shares 18,354 (+7.6%) Est. Cost $92.99 Unrealized +28.1%

BLD TOPBUILD CORP 0.0%

Value ($000) $720 (+51.0%) Shares 1,725 (+41.5%) Est. Cost $346.01 Unrealized +23.9%

ARES ARES MANAGEMENT CORPORATION 0.1%

Value ($000) $8,272 (+3.0%) Shares 51,179 (+1.9%) Est. Cost $34.34 Unrealized +351.3%

AWI ARMSTRONG WORLD INDS INC NEW 0.1%

Value ($000) $8,369 (+2.7%) Shares 43,795 (+5.3%) Est. Cost $104.89 Unrealized +81.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $2,955 (+7.0%) Shares 5,879 (+7.0%) Est. Cost $505.77 Unrealized -1.6%

SHW SHERWIN WILLIAMS CO 0.2%

Value ($000) $19,139 (-0.9%) Shares 59,067 (+5.9%) Est. Cost $285.13 Unrealized +17.2%

BKR BAKER HUGHES COMPANY 0.1%

Value ($000) $12,402 (-0.9%) Shares 272,331 (+6.0%) Est. Cost $44.03 Unrealized +7.5%

SPG SIMON PPTY GROUP INC NEW 0.1%

Value ($000) $14,018 (+0.8%) Shares 75,730 (+2.2%) Est. Cost $166.35 Unrealized +8.2%

CSGP COSTAR GROUP INC 0.0%

Value ($000) $729 (-13.2%) Shares 10,849 (+8.9%) Est. Cost $75.68 Unrealized -6.4%

TOST TOAST INC 0.2%

Value ($000) $23,748 (-0.4%) Shares 668,756 (+2.4%) Est. Cost $30.92 Unrealized +16.6%

ARM ARM HOLDINGS PLC 0.0%

Value ($000) $2,519 (+2.8%) Shares 23,041 (+33.0%) Est. Cost $112.31 Unrealized —

SO SOUTHERN CO 0.4%

Value ($000) $45,647 (+0.1%) Shares 523,474 (+8.8%) Est. Cost $81.28 Unrealized +11.8%

TRN TRINITY INDS INC 0.0%

Value ($000) $1,297 (+3.5%) Shares 49,036 (+9.8%) Est. Cost $22.84 Unrealized +17.5%

VLTO VERALTO CORP 0.0%

Value ($000) $312 (+0.9%) Shares 3,124 (+7.8%) Est. Cost $86.97 Unrealized +16.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NFLX	NETFLIX INC	424,529 (+369.8%)	$39,804 (-63.3%)	0.3%	$94.05	+14.6%	COM	64110L106
AAPL	APPLE INC	1,026,477 (+18.6%)	$279,058 (+26.6%)	2.2%	$174.21	+54.0%	COM	037833100
BAC	BANK AMERICA CORP	2,514,885 (+49.1%)	$138,319 (+58.9%)	1.1%	$45.06	+16.9%	COM	060505104
MSFT	MICROSOFT CORP	1,308,907 (+1.1%)	$633,014 (-5.6%)	5.0%	$299.54	+67.1%	COM	594918104
LII	LENNOX INTL INC	79,825 (+1156.5%)	$38,761 (+1052.6%)	0.3%	$504.05	-0.9%	COM	526107107
HTHT	H WORLD GROUP LTD	840,173 (+406.9%)	$39,530 (+509.9%)	0.3%	$45.05	—	SPONSORED ADS	44332N106
AMGN	AMGEN INC	425,513 (+10.0%)	$139,275 (+27.6%)	1.1%	$284.96	+10.9%	COM	031162100
DE	DEERE & CO	111,758 (+106.2%)	$52,031 (+110.0%)	0.4%	$452.28	+3.4%	COM	244199105
JNJ	JOHNSON & JOHNSON	142,851 (+342.3%)	$29,563 (+393.6%)	0.2%	$190.79	+3.3%	COM	478160104
SPOT	SPOTIFY TECHNOLOGY S A	57,292 (+284.7%)	$33,270 (+220.1%)	0.3%	$608.93	+2.7%	SHS	L8681T102
CRM	SALESFORCE INC	426,351 (+11.9%)	$112,945 (+25.0%)	0.9%	$232.10	+6.9%	COM	79466L302
IBM	INTERNATIONAL BUSINESS MACHS	165,744 (+51.0%)	$49,095 (+58.5%)	0.4%	$259.89	+15.0%	COM	459200101
AMZN	AMAZON COM INC	815,286 (+5.2%)	$188,184 (+10.6%)	1.5%	$185.47	+23.4%	COM	023135106
APH	AMPHENOL CORP NEW	312,958 (+55.9%)	$42,293 (+70.2%)	0.3%	$118.05	+13.1%	CL A	032095101
CAT	CATERPILLAR INC	84,616 (+27.2%)	$48,474 (+52.7%)	0.4%	$332.15	+67.2%	COM	149123101
EXC	EXELON CORP	405,916 (+1414.6%)	$17,694 (+1366.8%)	0.1%	$45.32	+0.3%	COM	30161N101
WELL	WELLTOWER INC	744,277 (+8.8%)	$138,145 (+13.4%)	1.1%	$120.47	+54.8%	COM	95040Q104
CPNG	COUPANG INC	1,977,356 (+1.5%)	$46,646 (-25.6%)	0.4%	$22.63	+25.7%	CL A	22266T109
RCL	ROYAL CARIBBEAN GROUP	624,491 (+6.3%)	$174,183 (-8.3%)	1.4%	$113.27	+148.6%	COM	V7780T103
CVE	CENOVUS ENERGY INC	4,525,223 (+26.3%)	$76,563 (+25.9%)	0.6%	$16.36	+6.1%	COM	15135U109
MELI	MERCADOLIBRE INC	53,557 (+1.6%)	$107,878 (-12.5%)	0.8%	$746.03	+181.6%	COM	58733R102
PAYX	PAYCHEX INC	408,140 (+69.1%)	$45,785 (+49.7%)	0.4%	$121.88	-4.4%	COM	704326107
KO	COCA COLA CO	566,868 (+51.7%)	$39,630 (+59.9%)	0.3%	$66.45	+4.4%	COM	191216100
ABBV	ABBVIE INC	303,791 (+26.4%)	$69,413 (+24.7%)	0.5%	$173.63	+31.1%	COM	00287Y109
V	VISA INC	512,734 (+5.4%)	$179,821 (+8.3%)	1.4%	$239.97	+41.8%	COM CL A	92826C839
DLTR	DOLLAR TREE INC	116,109 (+1920.0%)	$14,283 (+2533.0%)	0.1%	$105.59	+1.5%	COM	256746108
KKR	KKR & CO INC	519,158 (+28.3%)	$66,182 (+25.8%)	0.5%	$92.69	+34.1%	COM	48251W104
IT	GARTNER INC	60,267 (+470.2%)	$15,204 (+447.2%)	0.1%	$249.63	-3.6%	COM	366651107
WSO	WATSCO INC	58,462 (+219.8%)	$19,699 (+166.5%)	0.2%	$379.12	-5.8%	COM	942622200
PM	PHILIP MORRIS INTL INC	1,750,489 (+5.7%)	$280,778 (+4.5%)	2.2%	$103.00	+49.1%	COM	718172109
KDP	KEURIG DR PEPPER INC	1,374,337 (+32.1%)	$38,495 (+45.1%)	0.3%	$30.37	-10.3%	COM	49271V100
MAR	MARRIOTT INTL INC NEW	148,708 (+12.0%)	$46,135 (+33.4%)	0.4%	$213.30	+33.8%	CL A	571903202
DHR	DANAHER CORPORATION	285,758 (+4.9%)	$65,416 (+21.1%)	0.5%	$168.92	+30.0%	COM	235851102
FTAI	FTAI AVIATION LTD	246,385 (+10.8%)	$48,501 (+30.7%)	0.4%	$84.56	+101.3%	SHS	G3730V105
INTC	INTEL CORP	816,422 (+42.6%)	$30,126 (+56.9%)	0.2%	$29.44	+28.3%	COM	458140100
APD	AIR PRODS & CHEMS INC	185,237 (+44.8%)	$45,757 (+31.2%)	0.4%	$277.33	-9.3%	COM	009158106
PBR	PETROLEO BRASILEIRO SA PETRO	1,942,862 (+100.7%)	$23,023 (+87.9%)	0.2%	$12.18	—	SPONSORED ADR	71654V408
BTI	BRITISH AMERN TOB PLC	1,253,448 (+10.3%)	$70,970 (+17.7%)	0.6%	$46.52	—	SPONSORED ADR	110448107
TMO	THERMO FISHER SCIENTIFIC INC	93,812 (+3.9%)	$54,359 (+24.1%)	0.4%	$457.54	+23.5%	COM	883556102
UNP	UNION PAC CORP	186,489 (+32.8%)	$43,139 (+29.9%)	0.3%	$215.44	+5.5%	COM	907818108
WMT	WALMART INC	114,597 (+283.9%)	$12,767 (+315.0%)	0.1%	$105.12	+2.0%	COM	931142103
AXP	AMERICAN EXPRESS CO	70,836 (+39.4%)	$26,206 (+55.2%)	0.2%	$297.16	+20.1%	COM	025816109
STZ	CONSTELLATION BRANDS INC	185,479 (+48.1%)	$25,589 (+51.7%)	0.2%	$175.14	-21.9%	CL A	21036P108
CMG	CHIPOTLE MEXICAN GRILL INC	572,732 (+77.7%)	$21,191 (+67.8%)	0.2%	$48.17	-24.9%	COM	169656105
YUM	YUM BRANDS INC	420,796 (+15.4%)	$63,658 (+14.9%)	0.5%	$122.96	+20.1%	COM	988498101
AEM	AGNICO EAGLE MINES LTD	88,378 (+119.9%)	$14,994 (+121.5%)	0.1%	$149.13	+12.6%	COM	008474108
YMM	FULL TRUCK ALLIANCE CO LTD	3,900,483 (+1.1%)	$41,852 (-16.4%)	0.3%	$12.95	—	SPONSORED ADS	35969L108
DAL	DELTA AIR LINES INC DEL	525,993 (+5.3%)	$36,504 (+28.8%)	0.3%	$45.35	+37.7%	COM NEW	247361702
MRSH	MARSH & MCLENNAN COS INC	682,950 (+2.3%)	$126,701 (-5.8%)	1.0%	$178.04	+4.7%	COM	571748102
NOW	SERVICENOW INC	258,112 (+402.4%)	$39,540 (-16.4%)	0.3%	$150.73	+13.8%	COM	81762P102
TMUS	T-MOBILE US INC	67,565 (+166.1%)	$13,718 (+125.7%)	0.1%	$214.23	-1.4%	COM	872590104
ACN	ACCENTURE PLC IRELAND	194,467 (+6.6%)	$52,175 (+16.0%)	0.4%	$290.16	-12.4%	SHS CLASS A	G1151C101
MDLZ	MONDELEZ INTL INC	1,203,129 (+30.4%)	$64,764 (+12.3%)	0.5%	$60.03	-4.9%	CL A	609207105
TBBB	BBB FOODS INC	1,022,314 (+1.3%)	$34,135 (+25.4%)	0.3%	$22.29	+34.2%	CL A COM	G0896C103
—	BOEING CO	273,024 (+58.3%)	$18,855 (+57.1%)	0.1%	$65.75	—	DEP CONV PFD A	097023204
WCN	WASTE CONNECTIONS INC	161,247 (+32.3%)	$28,276 (+32.0%)	0.2%	$156.47	+10.4%	COM	94106B101
HD	HOME DEPOT INC	150,368 (+4.3%)	$51,742 (-11.4%)	0.4%	$325.87	+11.9%	COM	437076102
SPGI	S&P GLOBAL INC	70,716 (+11.6%)	$36,955 (+19.8%)	0.3%	$446.14	+10.8%	COM	78409V104
CFG	CITIZENS FINL GROUP INC	654,571 (+8.0%)	$38,233 (+18.6%)	0.3%	$42.78	+25.3%	COM	174610105
PFE	PFIZER INC	353,156 (+182.3%)	$8,794 (+175.9%)	0.1%	$28.05	-10.7%	COM	717081103
MTD	METTLER TOLEDO INTERNATIONAL	22,561 (+5.8%)	$31,454 (+20.2%)	0.2%	$1327.73	+5.2%	COM	592688105
HUM	HUMANA INC	50,930 (+68.1%)	$13,045 (+65.5%)	0.1%	$280.80	-6.9%	COM	444859102
XOM	EXXON MOBIL CORP	341,776 (+6.8%)	$41,129 (+14.0%)	0.3%	$104.05	+11.0%	COM	30231G102
TJX	TJX COS INC NEW	195,806 (+11.4%)	$30,078 (+18.4%)	0.2%	$116.60	+26.7%	COM	872540109
GM	GENERAL MTRS CO	133,693 (+30.5%)	$10,872 (+74.0%)	0.1%	$51.52	+36.6%	COM	37045V100
ILMN	ILLUMINA INC	97,935 (+12.4%)	$12,845 (+55.2%)	0.1%	$112.20	+4.6%	COM	452327109
FLUT	FLUTTER ENTMT PLC	235,767 (+8.4%)	$50,699 (-8.2%)	0.4%	$212.79	+5.7%	SHS	G3643J108
BZ	KANZHUN LIMITED	2,648,591 (+5.7%)	$53,978 (-7.8%)	0.4%	$21.09	—	SPONSORED ADS	48553T106
CVS	CVS HEALTH CORP	867,134 (+1.7%)	$68,816 (+7.0%)	0.5%	$64.02	+22.9%	COM	126650100
RPRX	ROYALTY PHARMA PLC	739,185 (+8.5%)	$28,562 (+18.9%)	0.2%	$33.61	+13.5%	SHS CLASS A	G7709Q104
RGLD	ROYAL GOLD INC	37,773 (+86.8%)	$8,397 (+107.0%)	0.1%	$176.63	+12.3%	COM	780287108
BG	BUNGE GLOBAL SA	132,426 (+42.8%)	$11,797 (+56.6%)	0.1%	$89.07	+3.1%	COM SHS	H11356104
ATO	ATMOS ENERGY CORP	289,663 (+11.6%)	$48,556 (+9.5%)	0.4%	$131.07	+31.5%	COM	049560105
ALGN	ALIGN TECHNOLOGY INC	61,793 (+36.9%)	$9,649 (+70.7%)	0.1%	$157.02	-8.7%	COM	016255101
COP	CONOCOPHILLIPS	725,548 (+7.2%)	$67,919 (+6.0%)	0.5%	$78.96	+14.0%	COM	20825C104
PH	PARKER-HANNIFIN CORP	27,788 (+2.5%)	$24,425 (+18.8%)	0.2%	$680.61	+20.2%	COM	701094104
CMCSA	COMCAST CORP NEW	1,690,598 (+13.6%)	$50,532 (+8.1%)	0.4%	$36.08	-20.9%	CL A	20030N101
—	KKR & CO INC	272,414 (+35.4%)	$14,122 (+34.1%)	0.1%	$51.56	—	6.25 CON SER D	48251W500
ITT	ITT INC	36,935 (+129.6%)	$6,409 (+122.9%)	0.1%	$144.54	+24.0%	COM	45073V108
NTR	NUTRIEN LTD	645,764 (+3.5%)	$39,859 (+8.8%)	0.3%	$51.63	+14.0%	COM	67077M108
TEL	TE CONNECTIVITY PLC	138,660 (+7.4%)	$31,547 (+11.3%)	0.2%	$193.48	+19.5%	ORD SHS	G87052109
COST	COSTCO WHSL CORP NEW	60,588 (+1.2%)	$52,247 (-5.7%)	0.4%	$556.29	+62.8%	COM	22160K105
COO	COOPER COS INC	118,210 (+22.9%)	$9,688 (+47.0%)	0.1%	$79.65	-6.0%	COM	216648501
G	GENPACT LIMITED	357,897 (+8.5%)	$16,742 (+21.1%)	0.1%	$38.96	+11.0%	SHS	G3922B107
PNC	PNC FINL SVCS GROUP INC	43,914 (+38.4%)	$9,166 (+43.7%)	0.1%	$167.37	+15.2%	COM	693475105
BURL	BURLINGTON STORES INC	72,428 (+1.1%)	$20,921 (+14.7%)	0.2%	$183.83	+47.6%	COM	122017106
RBLX	ROBLOX CORP	314,617 (+54.8%)	$25,493 (-9.4%)	0.2%	$86.13	+23.3%	CL A	771049103
UNH	UNITEDHEALTH GROUP INC	421,019 (+6.6%)	$138,983 (+1.9%)	1.1%	$365.84	-7.8%	COM	91324P102
ICLR	ICON PLC	16,872 (+499.8%)	$3,074 (+524.5%)	0.0%	$176.29	+1.0%	SHS	G4705A100
BSX	BOSTON SCIENTIFIC CORP	221,927 (+15.7%)	$21,161 (+13.0%)	0.2%	$87.80	+11.7%	COM	101137107
CNQ	CANADIAN NAT RES LTD	950,104 (+2.0%)	$32,167 (+8.0%)	0.3%	$31.03	+4.5%	COM	136385101
ICE	INTERCONTINENTAL EXCHANGE IN	44,585 (+54.0%)	$7,221 (+48.0%)	0.1%	$153.70	+1.6%	COM	45866F104
—	APOLLO GLOBAL MGMT INC	47,072 (+167.7%)	$3,555 (+187.7%)	0.0%	$72.56	—	SER A MAND CNV	03769M304
PG	PROCTER AND GAMBLE CO	121,697 (+23.4%)	$17,440 (+15.1%)	0.1%	$152.18	-3.3%	COM	742718109
NTES	NETEASE INC	193,997 (+1.9%)	$26,698 (-7.7%)	0.2%	$107.08	—	SPONSORED ADS	64110W102
QSR	RESTAURANT BRANDS INTL INC	239,219 (+8.4%)	$16,322 (+15.3%)	0.1%	$63.97	+7.7%	COM	76131D103
BN	BROOKFIELD CORP	160,900 (+15.6%)	$7,384 (-22.7%)	0.1%	$36.71	+24.1%	CL A LTD VT SH	11271J107
WPM	WHEATON PRECIOUS METALS CORP	264,131 (+2.0%)	$31,041 (+7.2%)	0.2%	$73.71	+45.3%	COM	962879102
FE	FIRSTENERGY CORP	623,451 (+10.0%)	$27,912 (+7.5%)	0.2%	$39.87	+14.7%	COM	337932107
OWL	BLUE OWL CAPITAL INC	183,198 (+247.5%)	$2,737 (+206.7%)	0.0%	$15.98	-2.1%	COM CL A	09581B103
KOF	COCA-COLA FEMSA SAB DE CV	96,278 (+9.4%)	$9,118 (+24.7%)	0.1%	$95.69	—	SPONS ADS REP	191241108
CHD	CHURCH & DWIGHT CO INC	284,927 (+12.8%)	$23,891 (+7.9%)	0.2%	$88.52	-3.7%	COM	171340102
EPAM	EPAM SYS INC	12,817 (+88.0%)	$2,626 (+155.4%)	0.0%	$215.84	-17.4%	COM	29414B104
TSCO	TRACTOR SUPPLY CO	447,149 (+6.3%)	$22,362 (-6.5%)	0.2%	$53.25	+0.9%	COM	892356106
NKE	NIKE INC	398,885 (+16.6%)	$25,413 (+6.5%)	0.2%	$75.62	-14.2%	CL B	654106103
KEYS	KEYSIGHT TECHNOLOGIES INC	24,814 (+23.4%)	$5,042 (+43.3%)	0.0%	$158.39	+17.2%	COM	49338L103
HSY	HERSHEY CO	85,393 (+13.6%)	$15,540 (+10.5%)	0.1%	$179.91	+1.2%	COM	427866108
MMM	3M CO	185,288 (+1.9%)	$29,665 (+5.1%)	0.2%	$136.90	+19.2%	COM	88579Y101
CPRT	COPART INC	363,226 (+27.6%)	$14,220 (+11.1%)	0.1%	$42.22	-1.8%	COM	217204106
WM	WASTE MGMT INC DEL	21,830 (+42.4%)	$4,796 (+41.7%)	0.0%	$220.37	-3.5%	COM	94106L109
LHX	L3HARRIS TECHNOLOGIES INC	127,622 (+7.9%)	$37,466 (+3.7%)	0.3%	$224.06	+28.7%	COM	502431109
MO	ALTRIA GROUP INC	288,981 (+6.4%)	$16,663 (-7.1%)	0.1%	$43.22	+37.3%	COM	02209S103
KEY	KEYCORP	505,607 (+2.9%)	$10,436 (+13.6%)	0.1%	$17.32	+6.8%	COM	493267108
HAL	HALLIBURTON CO	186,310 (+14.1%)	$5,265 (+31.1%)	0.0%	$29.39	-10.5%	COM	406216101
ABT	ABBOTT LABS	1,022,306 (+5.9%)	$128,085 (-0.9%)	1.0%	$105.29	+20.9%	COM	002824100
FICO	FAIR ISAAC CORP	5,143 (+2.1%)	$8,695 (+15.3%)	0.1%	$1508.22	+14.1%	COM	303250104
PGR	PROGRESSIVE CORP	191,837 (+5.7%)	$43,685 (-2.5%)	0.3%	$195.26	+8.7%	COM	743315103
TTEK	TETRA TECH INC NEW	95,457 (+54.2%)	$3,202 (+54.9%)	0.0%	$35.46	-4.6%	COM	88162G103
CVX	CHEVRON CORP NEW	59,100 (+15.8%)	$9,007 (+13.7%)	0.1%	$147.90	+2.4%	COM	166764100
EWBC	EAST WEST BANCORP INC	60,445 (+11.8%)	$6,793 (+18.0%)	0.1%	$47.14	+123.1%	COM	27579R104
KT	KT CORP	2,185,396 (+5.4%)	$41,457 (+2.5%)	0.3%	$19.15	—	SPONSORED ADR	48268K101
JCI	JOHNSON CTLS INTL PLC	76,958 (+3.3%)	$9,216 (+12.5%)	0.1%	$81.49	+40.9%	SHS	G51502105
DUOL	DUOLINGO INC	8,021 (+6.3%)	$1,408 (-42.0%)	0.0%	$385.26	-38.8%	CL A COM	26603R106
RSG	REPUBLIC SVCS INC	38,283 (+22.7%)	$8,113 (+13.3%)	0.1%	$204.18	+5.1%	COM	760759100
SLB	SLB LIMITED	174,600 (+2.1%)	$6,701 (+14.0%)	0.1%	$41.00	-12.0%	COM STK	806857108
NEE	NEXTERA ENERGY INC	63,670 (+11.8%)	$5,111 (+18.9%)	0.0%	$62.62	+31.7%	COM	65339F101
MTN	VAIL RESORTS INC	73,551 (+4.3%)	$9,768 (-7.4%)	0.1%	$169.54	-13.2%	COM	91879Q109
PDD	PDD HOLDINGS INC	409,537 (+14.7%)	$46,437 (-1.6%)	0.4%	$108.12	—	SPONSORED ADS	722304102
DTE	DTE ENERGY CO	118,281 (+14.6%)	$15,256 (+4.5%)	0.1%	$128.01	+5.3%	COM	233331107
AMT	AMERICAN TOWER CORP NEW	51,663 (+17.4%)	$9,070 (+7.2%)	0.1%	$194.12	-7.1%	COM	03027X100
REXR	REXFORD INDL RLTY INC	96,409 (+26.7%)	$3,733 (+19.4%)	0.0%	$48.66	—	COM	76169C100
IP	INTERNATIONAL PAPER CO	797,220 (+15.6%)	$31,402 (-1.9%)	0.2%	$47.59	-14.2%	COM	460146103
DHI	D R HORTON INC	194,947 (+15.4%)	$28,078 (-2.0%)	0.2%	$142.18	+6.9%	COM	23331A109
SCI	SERVICE CORP INTL	31,330 (+31.9%)	$2,443 (+23.5%)	0.0%	$77.00	+3.9%	COM	817565104
SBUX	STARBUCKS CORP	735,427 (+1.1%)	$61,930 (+0.6%)	0.5%	$87.89	-4.4%	COM	855244109
MMYT	MAKEMYTRIP LIMITED MAURITIUS	531,303 (+14.8%)	$43,631 (+0.7%)	0.3%	$45.39	+80.7%	SHS	V5633W109
CRH	CRH PLC	18,354 (+7.6%)	$2,291 (+12.0%)	0.0%	$92.99	+28.1%	ORD	G25508105
BLD	TOPBUILD CORP	1,725 (+41.5%)	$720 (+51.0%)	0.0%	$346.01	+23.9%	COM	89055F103
ARES	ARES MANAGEMENT CORPORATION	51,179 (+1.9%)	$8,272 (+3.0%)	0.1%	$34.34	+351.3%	CL A COM STK	03990B101
AWI	ARMSTRONG WORLD INDS INC NEW	43,795 (+5.3%)	$8,369 (+2.7%)	0.1%	$104.89	+81.8%	COM	04247X102
BRK/B	BERKSHIRE HATHAWAY INC DEL	5,879 (+7.0%)	$2,955 (+7.0%)	0.0%	$505.77	-1.6%	CL B NEW	084670702
SHW	SHERWIN WILLIAMS CO	59,067 (+5.9%)	$19,139 (-0.9%)	0.2%	$285.13	+17.2%	COM	824348106
BKR	BAKER HUGHES COMPANY	272,331 (+6.0%)	$12,402 (-0.9%)	0.1%	$44.03	+7.5%	CL A	05722G100
SPG	SIMON PPTY GROUP INC NEW	75,730 (+2.2%)	$14,018 (+0.8%)	0.1%	$166.35	+8.2%	COM	828806109
CSGP	COSTAR GROUP INC	10,849 (+8.9%)	$729 (-13.2%)	0.0%	$75.68	-6.4%	COM	22160N109
TOST	TOAST INC	668,756 (+2.4%)	$23,748 (-0.4%)	0.2%	$30.92	+16.6%	CL A	888787108
ARM	ARM HOLDINGS PLC	23,041 (+33.0%)	$2,519 (+2.8%)	0.0%	$112.31	—	SPONSORED ADS	042068205
SO	SOUTHERN CO	523,474 (+8.8%)	$45,647 (+0.1%)	0.4%	$81.28	+11.8%	COM	842587107
TRN	TRINITY INDS INC	49,036 (+9.8%)	$1,297 (+3.5%)	0.0%	$22.84	+17.5%	COM	896522109
VLTO	VERALTO CORP	3,124 (+7.8%)	$312 (+0.9%)	0.0%	$86.97	+16.2%	COM SHS	92338C103

Exited Positions (18)

EA ELECTRONIC ARTS INC 0.3%

Value ($000) $31,969 Shares 158,498 Est. Cost $139.66 Unrealized +44.4%

— DAYFORCE INC 0.1%

Value ($000) $18,863 Shares 273,810 Est. Cost $68.81 Unrealized +0.0%

MAA MID-AMER APT CMNTYS INC 0.1%

Value ($000) $17,573 Shares 125,763 Est. Cost $149.28 Unrealized -10.9%

HWM HOWMET AEROSPACE INC 0.1%

Value ($000) $13,414 Shares 68,357 Est. Cost $66.00 Unrealized +201.5%

PLTR PALANTIR TECHNOLOGIES INC 0.1%

Value ($000) $8,499 Shares 46,589 Est. Cost $66.20 Unrealized +173.5%

PCAR PACCAR INC 0.1%

Value ($000) $6,684 Shares 67,987 Est. Cost $92.36 Unrealized +9.6%

PINS PINTEREST INC 0.1%

Value ($000) $6,367 Shares 197,929 Est. Cost $50.33 Unrealized -42.8%

ACGL ARCH CAP GROUP LTD 0.0%

Value ($000) $6,011 Shares 66,257 Est. Cost $62.95 Unrealized +45.3%

KMB KIMBERLY-CLARK CORP 0.0%

Value ($000) $5,956 Shares 47,897 Est. Cost $126.76 Unrealized -14.5%

ON ON SEMICONDUCTOR CORP 0.0%

Value ($000) $4,156 Shares 84,289 Est. Cost $38.15 Unrealized +34.5%

LYB LYONDELLBASELL INDUSTRIES N 0.0%

Value ($000) $3,391 Shares 69,146 Est. Cost $66.82 Unrealized -33.5%

PCG PG&E CORP 0.0%

Value ($000) $3,314 Shares 219,753 Est. Cost $11.66 Unrealized +36.6%

ZTS ZOETIS INC 0.0%

Value ($000) $1,472 Shares 10,060 Est. Cost $146.85 Unrealized -11.3%

VICI VICI PPTYS INC 0.0%

Value ($000) $1,149 Shares 35,241 Est. Cost $25.32 Unrealized +15.7%

MRK MERCK & CO INC 0.0%

Value ($000) $1,070 Shares 12,745 Est. Cost $107.70 Unrealized -13.4%

TRU TRANSUNION 0.0%

Value ($000) $846 Shares 10,101 Est. Cost $78.09 Unrealized +5.1%

UBER UBER TECHNOLOGIES INC 0.0%

Value ($000) $805 Shares 8,215 Est. Cost $52.41 Unrealized +71.8%

ARGX ARGENX SE 0.0%

Value ($000) $460 Shares 624 Est. Cost $737.56 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EA	ELECTRONIC ARTS INC	158,498	$31,969	0.3%	$139.66	+44.4%	—	285512109
—	DAYFORCE INC	273,810	$18,863	0.1%	$68.81	+0.0%	—	15677J108
MAA	MID-AMER APT CMNTYS INC	125,763	$17,573	0.1%	$149.28	-10.9%	—	59522J103
HWM	HOWMET AEROSPACE INC	68,357	$13,414	0.1%	$66.00	+201.5%	—	443201108
PLTR	PALANTIR TECHNOLOGIES INC	46,589	$8,499	0.1%	$66.20	+173.5%	—	69608A108
PCAR	PACCAR INC	67,987	$6,684	0.1%	$92.36	+9.6%	—	693718108
PINS	PINTEREST INC	197,929	$6,367	0.1%	$50.33	-42.8%	—	72352L106
ACGL	ARCH CAP GROUP LTD	66,257	$6,011	0.0%	$62.95	+45.3%	—	G0450A105
KMB	KIMBERLY-CLARK CORP	47,897	$5,956	0.0%	$126.76	-14.5%	—	494368103
ON	ON SEMICONDUCTOR CORP	84,289	$4,156	0.0%	$38.15	+34.5%	—	682189105
LYB	LYONDELLBASELL INDUSTRIES N	69,146	$3,391	0.0%	$66.82	-33.5%	—	N53745100
PCG	PG&E CORP	219,753	$3,314	0.0%	$11.66	+36.6%	—	69331C108
ZTS	ZOETIS INC	10,060	$1,472	0.0%	$146.85	-11.3%	—	98978V103
VICI	VICI PPTYS INC	35,241	$1,149	0.0%	$25.32	+15.7%	—	925652109
MRK	MERCK & CO INC	12,745	$1,070	0.0%	$107.70	-13.4%	—	58933Y105
TRU	TRANSUNION	10,101	$846	0.0%	$78.09	+5.1%	—	89400J107
UBER	UBER TECHNOLOGIES INC	8,215	$805	0.0%	$52.41	+71.8%	—	90353T100
ARGX	ARGENX SE	624	$460	0.0%	$737.56	—	—	04016X101

Decreased Positions (111)

CARR CARRIER GLOBAL CORPORATION 0.1%

Value ($000) $13,848 (-81.4%) Shares 262,079 (-79.0%) Est. Cost $40.18 Unrealized +38.2%

DB DEUTSCHE BANK A G 0.9%

Value ($000) $120,265 (-32.5%) Shares 3,091,176 (-39.0%) Est. Cost $13.44 Unrealized +168.5%

GOOG ALPHABET INC 2.0%

Value ($000) $258,883 (+24.3%) Shares 824,995 (-3.5%) Est. Cost $129.03 Unrealized +121.9%

RACE FERRARI N V 0.3%

Value ($000) $40,457 (-54.5%) Shares 108,182 (-41.2%) Est. Cost $360.65 Unrealized +11.0%

AVGO BROADCOM INC 5.9%

Value ($000) $752,637 (-5.6%) Shares 2,174,622 (-10.0%) Est. Cost $166.57 Unrealized +114.3%

MSI MOTOROLA SOLUTIONS INC 0.1%

Value ($000) $7,562 (-85.1%) Shares 19,727 (-82.2%) Est. Cost $328.52 Unrealized +22.0%

JPM JPMORGAN CHASE & CO. 1.5%

Value ($000) $189,741 (-16.3%) Shares 588,854 (-18.1%) Est. Cost $159.56 Unrealized +94.0%

BLK BLACKROCK INC 0.4%

Value ($000) $52,677 (-40.7%) Shares 49,215 (-35.5%) Est. Cost $1006.01 Unrealized +8.3%

LIN LINDE PLC 0.4%

Value ($000) $53,666 (-37.1%) Shares 125,862 (-29.9%) Est. Cost $379.63 Unrealized +12.6%

EOG EOG RES INC 0.2%

Value ($000) $20,159 (-60.7%) Shares 191,972 (-58.0%) Est. Cost $107.05 Unrealized +0.2%

GOOGL ALPHABET INC 1.5%

Value ($000) $190,479 (+18.7%) Shares 608,559 (-7.8%) Est. Cost $145.76 Unrealized +95.9%

CTVA CORTEVA INC 0.1%

Value ($000) $17,425 (-60.3%) Shares 259,963 (-59.9%) Est. Cost $58.22 Unrealized +10.9%

URI UNITED RENTALS INC 0.1%

Value ($000) $6,679 (-77.5%) Shares 8,253 (-73.5%) Est. Cost $881.43 Unrealized -1.6%

CEG CONSTELLATION ENERGY CORP 0.7%

Value ($000) $95,110 (-17.6%) Shares 269,228 (-23.2%) Est. Cost $169.14 Unrealized +114.7%

GE GE AEROSPACE 1.2%

Value ($000) $157,682 (-10.8%) Shares 511,904 (-12.9%) Est. Cost $124.47 Unrealized +141.7%

BKNG BOOKING HOLDINGS INC 0.2%

Value ($000) $27,119 (-41.0%) Shares 5,064 (-40.5%) Est. Cost $2799.86 Unrealized +83.5%

MU MICRON TECHNOLOGY INC 0.7%

Value ($000) $94,644 (+24.0%) Shares 331,607 (-27.3%) Est. Cost $74.23 Unrealized +209.0%

ORCL ORACLE CORP 0.0%

Value ($000) $1,845 (-90.8%) Shares 9,467 (-86.7%) Est. Cost $162.41 Unrealized +46.6%

ONC BEONE MEDICINES LTD 0.7%

Value ($000) $93,470 (-15.8%) Shares 307,660 (-5.6%) Est. Cost $160.42 Unrealized —

TSLA TESLA INC 0.9%

Value ($000) $118,115 (-12.8%) Shares 262,641 (-13.8%) Est. Cost $235.53 Unrealized +88.2%

HLT HILTON WORLDWIDE HLDGS INC 0.1%

Value ($000) $9,624 (-63.0%) Shares 33,503 (-66.6%) Est. Cost $119.22 Unrealized +128.3%

AMX AMERICA MOVIL SAB DE CV 0.2%

Value ($000) $27,926 (-36.8%) Shares 1,351,016 (-35.8%) Est. Cost $20.10 Unrealized —

CHTR CHARTER COMMUNICATIONS INC N 0.0%

Value ($000) $493 (-97.1%) Shares 2,360 (-96.1%) Est. Cost $377.34 Unrealized -40.4%

MS MORGAN STANLEY 0.2%

Value ($000) $26,635 (-37.4%) Shares 150,029 (-44.0%) Est. Cost $103.89 Unrealized +60.2%

AZN ASTRAZENECA PLC 0.2%

Value ($000) $19,594 (-43.1%) Shares 213,141 (-52.5%) Est. Cost $68.55 Unrealized —

DIS DISNEY WALT CO 0.0%

Value ($000) $2,879 (-83.3%) Shares 25,303 (-83.2%) Est. Cost $103.71 Unrealized +5.6%

EFX EQUIFAX INC 0.1%

Value ($000) $14,025 (-45.6%) Shares 64,635 (-35.7%) Est. Cost $228.76 Unrealized -4.4%

TEAM ATLASSIAN CORPORATION 0.1%

Value ($000) $11,372 (-50.6%) Shares 70,135 (-51.4%) Est. Cost $162.52 Unrealized -3.4%

AJG GALLAGHER ARTHUR J & CO 0.4%

Value ($000) $55,300 (-17.3%) Shares 213,685 (-1.0%) Est. Cost $274.83 Unrealized -3.9%

REGN REGENERON PHARMACEUTICALS 0.1%

Value ($000) $9,651 (-54.1%) Shares 12,503 (-66.5%) Est. Cost $708.80 Unrealized -4.2%

BX BLACKSTONE INC 0.1%

Value ($000) $17,871 (-38.2%) Shares 115,938 (-31.5%) Est. Cost $100.17 Unrealized +51.2%

ALNY ALNYLAM PHARMACEUTICALS INC 0.2%

Value ($000) $23,681 (-31.3%) Shares 59,552 (-21.3%) Est. Cost $198.24 Unrealized +123.2%

RYAAY RYANAIR HOLDINGS PLC 0.8%

Value ($000) $98,246 (+11.2%) Shares 1,360,934 (-7.2%) Est. Cost $67.32 Unrealized —

ELV ELEVANCE HEALTH INC FORMERLY 0.1%

Value ($000) $6,636 (-59.7%) Shares 18,929 (-62.8%) Est. Cost $361.68 Unrealized -6.9%

NOC NORTHROP GRUMMAN CORP 0.8%

Value ($000) $105,079 (-8.2%) Shares 184,282 (-1.9%) Est. Cost $470.35 Unrealized +23.1%

B BARRICK MNG CORP 1.4%

Value ($000) $174,210 (-5.0%) Shares 3,999,403 (-28.4%) Est. Cost $20.86 Unrealized +79.4%

WFC WELLS FARGO CO NEW 0.3%

Value ($000) $33,512 (-20.9%) Shares 359,570 (-28.9%) Est. Cost $61.65 Unrealized +40.5%

NVO NOVO-NORDISK A S 0.0%

Value ($000) $4,474 (-65.5%) Shares 87,935 (-62.4%) Est. Cost $68.72 Unrealized —

HON HONEYWELL INTL INC 0.0%

Value ($000) $5,959 (-58.6%) Shares 30,544 (-55.3%) Est. Cost $191.03 Unrealized +2.1%

GEV GE VERNOVA INC 0.1%

Value ($000) $18,549 (-30.6%) Shares 28,381 (-34.7%) Est. Cost $249.47 Unrealized +144.1%

COF CAPITAL ONE FINL CORP 0.6%

Value ($000) $77,027 (+11.8%) Shares 317,819 (-1.9%) Est. Cost $180.70 Unrealized +23.0%

SNPS SYNOPSYS INC 0.2%

Value ($000) $27,717 (-20.8%) Shares 59,007 (-16.8%) Est. Cost $472.39 Unrealized -6.0%

NET CLOUDFLARE INC 0.2%

Value ($000) $24,761 (-19.1%) Shares 125,597 (-12.0%) Est. Cost $92.22 Unrealized +129.4%

FDX FEDEX CORP 0.3%

Value ($000) $38,952 (+17.2%) Shares 134,849 (-4.3%) Est. Cost $241.19 Unrealized +8.4%

BAM BROOKFIELD ASSET MANAGMT LTD 0.1%

Value ($000) $16,530 (-25.3%) Shares 315,509 (-18.8%) Est. Cost $41.32 Unrealized +29.4%

CME CME GROUP INC 0.2%

Value ($000) $24,223 (-18.6%) Shares 88,703 (-19.5%) Est. Cost $201.30 Unrealized +34.5%

IR INGERSOLL RAND INC 0.4%

Value ($000) $53,051 (-9.0%) Shares 669,667 (-5.1%) Est. Cost $83.30 Unrealized -5.2%

ISRG INTUITIVE SURGICAL INC 0.3%

Value ($000) $32,867 (+18.7%) Shares 58,032 (-6.3%) Est. Cost $345.79 Unrealized +54.0%

FUTU FUTU HLDGS LTD 0.3%

Value ($000) $34,518 (-12.3%) Shares 210,209 (-7.1%) Est. Cost $173.91 Unrealized —

DRI DARDEN RESTAURANTS INC 0.2%

Value ($000) $28,166 (-14.3%) Shares 153,059 (-11.3%) Est. Cost $165.84 Unrealized +9.8%

TCOM TRIP COM GROUP LTD 0.2%

Value ($000) $30,614 (-12.6%) Shares 425,722 (-8.6%) Est. Cost $38.95 Unrealized —

BMY BRISTOL-MYERS SQUIBB CO 0.1%

Value ($000) $11,335 (-27.5%) Shares 210,148 (-39.4%) Est. Cost $54.58 Unrealized -12.9%

VALE VALE S A 0.0%

Value ($000) $2,350 (-63.6%) Shares 180,335 (-69.7%) Est. Cost $11.28 Unrealized —

RTX RTX CORPORATION 0.8%

Value ($000) $96,057 (-4.1%) Shares 523,758 (-12.5%) Est. Cost $114.25 Unrealized +51.7%

PLD PROLOGIS INC. 0.1%

Value ($000) $13,231 (-23.3%) Shares 103,646 (-31.2%) Est. Cost $109.28 Unrealized +13.3%

FCX FREEPORT-MCMORAN INC 0.1%

Value ($000) $7,163 (-35.4%) Shares 141,028 (-50.1%) Est. Cost $40.18 Unrealized +7.8%

ATI ATI INC 0.3%

Value ($000) $37,418 (+11.1%) Shares 326,054 (-21.3%) Est. Cost $19.34 Unrealized +404.0%

CB CHUBB LIMITED 0.4%

Value ($000) $53,880 (-6.1%) Shares 172,627 (-15.1%) Est. Cost $209.12 Unrealized +39.8%

MSTR STRATEGY INC 0.0%

Value ($000) $481 (-87.7%) Shares 3,166 (-73.9%) Est. Cost $316.88 Unrealized -27.3%

MA MASTERCARD INCORPORATED 1.1%

Value ($000) $135,863 (-2.4%) Shares 237,988 (-2.8%) Est. Cost $396.50 Unrealized +41.0%

AON AON PLC 0.2%

Value ($000) $31,216 (-9.0%) Shares 88,460 (-8.1%) Est. Cost $258.35 Unrealized +35.2%

BNTX BIONTECH SE 0.2%

Value ($000) $25,997 (-10.1%) Shares 273,073 (-6.9%) Est. Cost $111.14 Unrealized —

NI NISOURCE INC 0.3%

Value ($000) $38,072 (-6.6%) Shares 911,679 (-3.1%) Est. Cost $34.83 Unrealized +22.4%

GS GOLDMAN SACHS GROUP INC 0.1%

Value ($000) $18,148 (-12.6%) Shares 20,646 (-20.8%) Est. Cost $440.08 Unrealized +84.8%

VRTX VERTEX PHARMACEUTICALS INC 0.6%

Value ($000) $72,383 (-3.4%) Shares 159,660 (-16.6%) Est. Cost $382.18 Unrealized +12.8%

IBN ICICI BANK LIMITED 0.1%

Value ($000) $16,110 (-13.7%) Shares 540,613 (-12.4%) Est. Cost $12.76 Unrealized —

C CITIGROUP INC 0.3%

Value ($000) $34,916 (+7.1%) Shares 299,218 (-6.8%) Est. Cost $67.66 Unrealized +53.2%

SAP SAP SE 0.1%

Value ($000) $14,259 (-13.8%) Shares 58,700 (-5.1%) Est. Cost $200.53 Unrealized —

TXN TEXAS INSTRS INC 0.1%

Value ($000) $13,448 (-14.5%) Shares 77,516 (-9.4%) Est. Cost $175.04 Unrealized -2.5%

SAIA SAIA INC 0.1%

Value ($000) $7,504 (-23.0%) Shares 22,982 (-29.4%) Est. Cost $267.88 Unrealized +12.8%

AMAT APPLIED MATLS INC 0.1%

Value ($000) $9,967 (-16.1%) Shares 38,783 (-33.1%) Est. Cost $153.98 Unrealized +55.5%

ASML ASML HOLDING N V 1.2%

Value ($000) $151,417 (-1.1%) Shares 141,530 (-10.6%) Est. Cost $544.31 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.7%

Value ($000) $87,159 (+2.0%) Shares 286,812 (-6.3%) Est. Cost $50.02 Unrealized —

WYNN WYNN RESORTS LTD 0.1%

Value ($000) $7,953 (-17.0%) Shares 66,092 (-11.5%) Est. Cost $100.37 Unrealized +23.1%

KLAC KLA CORP 1.1%

Value ($000) $141,982 (-1.1%) Shares 116,850 (-12.2%) Est. Cost $570.75 Unrealized +105.3%

ZBH ZIMMER BIOMET HOLDINGS INC 0.1%

Value ($000) $13,273 (-10.0%) Shares 147,608 (-1.4%) Est. Cost $96.68 Unrealized -2.2%

MNST MONSTER BEVERAGE CORP NEW 0.0%

Value ($000) $6,011 (-19.1%) Shares 78,405 (-28.9%) Est. Cost $50.77 Unrealized +41.1%

CNP CENTERPOINT ENERGY INC 0.1%

Value ($000) $15,305 (-8.2%) Shares 399,180 (-7.1%) Est. Cost $24.94 Unrealized +55.8%

SHOP SHOPIFY INC 0.7%

Value ($000) $94,671 (+1.4%) Shares 588,128 (-6.4%) Est. Cost $62.51 Unrealized +156.8%

— QIAGEN NV 0.2%

Value ($000) $21,319 (-5.8%) Shares 474,081 (-6.4%) Est. Cost $47.91 Unrealized —

HEI HEICO CORP NEW 0.2%

Value ($000) $20,159 (-5.2%) Shares 62,298 (-5.4%) Est. Cost $223.61 Unrealized +41.3%

MCD MCDONALDS CORP 0.1%

Value ($000) $10,201 (-9.1%) Shares 33,377 (-9.6%) Est. Cost $271.41 Unrealized +12.4%

CWST CASELLA WASTE SYS INC 0.0%

Value ($000) $3,426 (-22.1%) Shares 34,984 (-24.5%) Est. Cost $105.70 Unrealized -12.2%

BA BOEING CO 0.4%

Value ($000) $48,711 (-1.7%) Shares 224,352 (-2.2%) Est. Cost $189.61 Unrealized +8.5%

EL LAUDER ESTEE COS INC 0.1%

Value ($000) $13,000 (-5.7%) Shares 124,137 (-20.6%) Est. Cost $71.93 Unrealized +34.6%

APO APOLLO GLOBAL MGMT INC 0.2%

Value ($000) $26,653 (+2.7%) Shares 184,118 (-5.4%) Est. Cost $118.89 Unrealized +11.5%

TDG TRANSDIGM GROUP INC 0.5%

Value ($000) $57,219 (-1.2%) Shares 43,027 (-2.0%) Est. Cost $527.78 Unrealized +148.4%

ULS UL SOLUTIONS INC 0.1%

Value ($000) $9,089 (+7.0%) Shares 115,256 (-3.8%) Est. Cost $50.07 Unrealized +60.3%

XPO XPO INC 0.0%

Value ($000) $1,945 (-23.3%) Shares 14,314 (-27.0%) Est. Cost $123.23 Unrealized +10.6%

CRSP CRISPR THERAPEUTICS AG 0.0%

Value ($000) $1,729 (-20.8%) Shares 32,979 (-2.2%) Est. Cost $70.78 Unrealized -15.4%

CM CANADIAN IMPERIAL BANK OF CO 0.0%

Value ($000) $4,102 (-9.8%) Shares 45,211 (-20.6%) Est. Cost $52.98 Unrealized +62.0%

GLOB GLOBANT S A 0.0%

Value ($000) $3,104 (+10.4%) Shares 47,485 (-3.1%) Est. Cost $144.75 Unrealized -56.6%

ETR ENTERGY CORP NEW 0.1%

Value ($000) $9,896 (-2.6%) Shares 107,063 (-1.8%) Est. Cost $68.64 Unrealized +37.7%

CNI CANADIAN NATL RY CO 0.2%

Value ($000) $25,807 (+0.9%) Shares 260,931 (-3.8%) Est. Cost $112.51 Unrealized -14.5%

SOBO SOUTH BOW CORP 0.0%

Value ($000) $866 (-16.7%) Shares 31,473 (-14.3%) Est. Cost $23.31 Unrealized +16.5%

GRFS GRIFOLS S A 0.0%

Value ($000) $1,780 (-8.5%) Shares 190,360 (-2.6%) Est. Cost $15.35 Unrealized —

ASND ASCENDIS PHARMA A/S 0.0%

Value ($000) $1,933 (-7.2%) Shares 9,065 (-13.5%) Est. Cost $145.56 Unrealized —

KB KB FINL GROUP INC 0.0%

Value ($000) $2,842 (-4.4%) Shares 33,026 (-7.8%) Est. Cost $40.59 Unrealized —

NSC NORFOLK SOUTHN CORP 0.0%

Value ($000) $1,118 (-10.3%) Shares 3,871 (-6.7%) Est. Cost $210.61 Unrealized +37.0%

GGB GERDAU SA 0.0%

Value ($000) $777 (+16.0%) Shares 210,637 (-2.6%) Est. Cost $3.98 Unrealized —

GILD GILEAD SCIENCES INC 0.3%

Value ($000) $39,645 (-0.2%) Shares 322,996 (-9.7%) Est. Cost $85.47 Unrealized +41.4%

SW SMURFIT WESTROCK PLC 0.0%

Value ($000) $302 (-19.1%) Shares 7,797 (-10.9%) Est. Cost $45.03 Unrealized -15.3%

CMS CMS ENERGY CORP 0.0%

Value ($000) $669 (-9.3%) Shares 9,570 (-5.0%) Est. Cost $55.59 Unrealized +30.4%

SUI SUN CMNTYS INC 0.0%

Value ($000) $375 (-12.8%) Shares 3,027 (-9.3%) Est. Cost $122.97 Unrealized —

WBS WEBSTER FINL CORP 0.0%

Value ($000) $1,378 (-2.3%) Shares 21,891 (-7.7%) Est. Cost $44.59 Unrealized +33.2%

DOW DOW INC 0.0%

Value ($000) $343 (-7.9%) Shares 14,681 (-9.7%) Est. Cost $38.43 Unrealized -40.7%

SBAC SBA COMMUNICATIONS CORP NEW 0.0%

Value ($000) $346 (-5.1%) Shares 1,789 (-5.1%) Est. Cost $218.52 Unrealized -11.8%

ADI ANALOG DEVICES INC 0.0%

Value ($000) $362 (+4.6%) Shares 1,333 (-5.2%) Est. Cost $175.76 Unrealized +42.6%

TPG TPG INC 0.0%

Value ($000) $645 (+2.2%) Shares 10,108 (-8.0%) Est. Cost $57.37 Unrealized +2.9%

EIX EDISON INTL 0.0%

Value ($000) $273 (+3.1%) Shares 4,543 (-5.0%) Est. Cost $52.86 Unrealized +8.5%

AES AES CORP 0.0%

Value ($000) $629 (+0.5%) Shares 43,834 (-7.8%) Est. Cost $15.50 Unrealized -9.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CARR	CARRIER GLOBAL CORPORATION	262,079 (-79.0%)	$13,848 (-81.4%)	0.1%	$40.18	+38.2%	COM	14448C104
DB	DEUTSCHE BANK A G	3,091,176 (-39.0%)	$120,265 (-32.5%)	0.9%	$13.44	+168.5%	NAMEN AKT	D18190898
GOOG	ALPHABET INC	824,995 (-3.5%)	$258,883 (+24.3%)	2.0%	$129.03	+121.9%	CAP STK CL C	02079K107
RACE	FERRARI N V	108,182 (-41.2%)	$40,457 (-54.5%)	0.3%	$360.65	+11.0%	COM	N3167Y103
AVGO	BROADCOM INC	2,174,622 (-10.0%)	$752,637 (-5.6%)	5.9%	$166.57	+114.3%	COM	11135F101
MSI	MOTOROLA SOLUTIONS INC	19,727 (-82.2%)	$7,562 (-85.1%)	0.1%	$328.52	+22.0%	COM NEW	620076307
JPM	JPMORGAN CHASE & CO.	588,854 (-18.1%)	$189,741 (-16.3%)	1.5%	$159.56	+94.0%	COM	46625H100
BLK	BLACKROCK INC	49,215 (-35.5%)	$52,677 (-40.7%)	0.4%	$1006.01	+8.3%	COM	09290D101
LIN	LINDE PLC	125,862 (-29.9%)	$53,666 (-37.1%)	0.4%	$379.63	+12.6%	SHS	G54950103
EOG	EOG RES INC	191,972 (-58.0%)	$20,159 (-60.7%)	0.2%	$107.05	+0.2%	COM	26875P101
GOOGL	ALPHABET INC	608,559 (-7.8%)	$190,479 (+18.7%)	1.5%	$145.76	+95.9%	CAP STK CL A	02079K305
CTVA	CORTEVA INC	259,963 (-59.9%)	$17,425 (-60.3%)	0.1%	$58.22	+10.9%	COM	22052L104
URI	UNITED RENTALS INC	8,253 (-73.5%)	$6,679 (-77.5%)	0.1%	$881.43	-1.6%	COM	911363109
CEG	CONSTELLATION ENERGY CORP	269,228 (-23.2%)	$95,110 (-17.6%)	0.7%	$169.14	+114.7%	COM	21037T109
GE	GE AEROSPACE	511,904 (-12.9%)	$157,682 (-10.8%)	1.2%	$124.47	+141.7%	COM NEW	369604301
BKNG	BOOKING HOLDINGS INC	5,064 (-40.5%)	$27,119 (-41.0%)	0.2%	$2799.86	+83.5%	COM	09857L108
MU	MICRON TECHNOLOGY INC	331,607 (-27.3%)	$94,644 (+24.0%)	0.7%	$74.23	+209.0%	COM	595112103
ORCL	ORACLE CORP	9,467 (-86.7%)	$1,845 (-90.8%)	0.0%	$162.41	+46.6%	COM	68389X105
ONC	BEONE MEDICINES LTD	307,660 (-5.6%)	$93,470 (-15.8%)	0.7%	$160.42	—	SPONSORED ADS	07725L102
TSLA	TESLA INC	262,641 (-13.8%)	$118,115 (-12.8%)	0.9%	$235.53	+88.2%	COM	88160R101
HLT	HILTON WORLDWIDE HLDGS INC	33,503 (-66.6%)	$9,624 (-63.0%)	0.1%	$119.22	+128.3%	COM	43300A203
AMX	AMERICA MOVIL SAB DE CV	1,351,016 (-35.8%)	$27,926 (-36.8%)	0.2%	$20.10	—	SPON ADS RP CL B	02390A101
CHTR	CHARTER COMMUNICATIONS INC N	2,360 (-96.1%)	$493 (-97.1%)	0.0%	$377.34	-40.4%	CL A	16119P108
MS	MORGAN STANLEY	150,029 (-44.0%)	$26,635 (-37.4%)	0.2%	$103.89	+60.2%	COM NEW	617446448
AZN	ASTRAZENECA PLC	213,141 (-52.5%)	$19,594 (-43.1%)	0.2%	$68.55	—	SPONSORED ADR	046353108
DIS	DISNEY WALT CO	25,303 (-83.2%)	$2,879 (-83.3%)	0.0%	$103.71	+5.6%	COM	254687106
EFX	EQUIFAX INC	64,635 (-35.7%)	$14,025 (-45.6%)	0.1%	$228.76	-4.4%	COM	294429105
TEAM	ATLASSIAN CORPORATION	70,135 (-51.4%)	$11,372 (-50.6%)	0.1%	$162.52	-3.4%	CL A	049468101
AJG	GALLAGHER ARTHUR J & CO	213,685 (-1.0%)	$55,300 (-17.3%)	0.4%	$274.83	-3.9%	COM	363576109
REGN	REGENERON PHARMACEUTICALS	12,503 (-66.5%)	$9,651 (-54.1%)	0.1%	$708.80	-4.2%	COM	75886F107
BX	BLACKSTONE INC	115,938 (-31.5%)	$17,871 (-38.2%)	0.1%	$100.17	+51.2%	COM	09260D107
ALNY	ALNYLAM PHARMACEUTICALS INC	59,552 (-21.3%)	$23,681 (-31.3%)	0.2%	$198.24	+123.2%	COM	02043Q107
RYAAY	RYANAIR HOLDINGS PLC	1,360,934 (-7.2%)	$98,246 (+11.2%)	0.8%	$67.32	—	SPONSORED ADR	783513203
ELV	ELEVANCE HEALTH INC FORMERLY	18,929 (-62.8%)	$6,636 (-59.7%)	0.1%	$361.68	-6.9%	COM	036752103
NOC	NORTHROP GRUMMAN CORP	184,282 (-1.9%)	$105,079 (-8.2%)	0.8%	$470.35	+23.1%	COM	666807102
B	BARRICK MNG CORP	3,999,403 (-28.4%)	$174,210 (-5.0%)	1.4%	$20.86	+79.4%	COM SHS	06849F108
WFC	WELLS FARGO CO NEW	359,570 (-28.9%)	$33,512 (-20.9%)	0.3%	$61.65	+40.5%	COM	949746101
NVO	NOVO-NORDISK A S	87,935 (-62.4%)	$4,474 (-65.5%)	0.0%	$68.72	—	ADR	670100205
HON	HONEYWELL INTL INC	30,544 (-55.3%)	$5,959 (-58.6%)	0.0%	$191.03	+2.1%	COM	438516106
GEV	GE VERNOVA INC	28,381 (-34.7%)	$18,549 (-30.6%)	0.1%	$249.47	+144.1%	COM	36828A101
COF	CAPITAL ONE FINL CORP	317,819 (-1.9%)	$77,027 (+11.8%)	0.6%	$180.70	+23.0%	COM	14040H105
SNPS	SYNOPSYS INC	59,007 (-16.8%)	$27,717 (-20.8%)	0.2%	$472.39	-6.0%	COM	871607107
NET	CLOUDFLARE INC	125,597 (-12.0%)	$24,761 (-19.1%)	0.2%	$92.22	+129.4%	CL A COM	18915M107
FDX	FEDEX CORP	134,849 (-4.3%)	$38,952 (+17.2%)	0.3%	$241.19	+8.4%	COM	31428X106
BAM	BROOKFIELD ASSET MANAGMT LTD	315,509 (-18.8%)	$16,530 (-25.3%)	0.1%	$41.32	+29.4%	CL A LMT VTG SHS	113004105
CME	CME GROUP INC	88,703 (-19.5%)	$24,223 (-18.6%)	0.2%	$201.30	+34.5%	COM	12572Q105
IR	INGERSOLL RAND INC	669,667 (-5.1%)	$53,051 (-9.0%)	0.4%	$83.30	-5.2%	COM	45687V106
ISRG	INTUITIVE SURGICAL INC	58,032 (-6.3%)	$32,867 (+18.7%)	0.3%	$345.79	+54.0%	COM NEW	46120E602
FUTU	FUTU HLDGS LTD	210,209 (-7.1%)	$34,518 (-12.3%)	0.3%	$173.91	—	SPON ADS CL A	36118L106
DRI	DARDEN RESTAURANTS INC	153,059 (-11.3%)	$28,166 (-14.3%)	0.2%	$165.84	+9.8%	COM	237194105
TCOM	TRIP COM GROUP LTD	425,722 (-8.6%)	$30,614 (-12.6%)	0.2%	$38.95	—	ADS	89677Q107
BMY	BRISTOL-MYERS SQUIBB CO	210,148 (-39.4%)	$11,335 (-27.5%)	0.1%	$54.58	-12.9%	COM	110122108
VALE	VALE S A	180,335 (-69.7%)	$2,350 (-63.6%)	0.0%	$11.28	—	SPONSORED ADS	91912E105
RTX	RTX CORPORATION	523,758 (-12.5%)	$96,057 (-4.1%)	0.8%	$114.25	+51.7%	COM	75513E101
PLD	PROLOGIS INC.	103,646 (-31.2%)	$13,231 (-23.3%)	0.1%	$109.28	+13.3%	COM	74340W103
FCX	FREEPORT-MCMORAN INC	141,028 (-50.1%)	$7,163 (-35.4%)	0.1%	$40.18	+7.8%	CL B	35671D857
ATI	ATI INC	326,054 (-21.3%)	$37,418 (+11.1%)	0.3%	$19.34	+404.0%	COM	01741R102
CB	CHUBB LIMITED	172,627 (-15.1%)	$53,880 (-6.1%)	0.4%	$209.12	+39.8%	COM	H1467J104
MSTR	STRATEGY INC	3,166 (-73.9%)	$481 (-87.7%)	0.0%	$316.88	-27.3%	CL A NEW	594972408
MA	MASTERCARD INCORPORATED	237,988 (-2.8%)	$135,863 (-2.4%)	1.1%	$396.50	+41.0%	CL A	57636Q104
AON	AON PLC	88,460 (-8.1%)	$31,216 (-9.0%)	0.2%	$258.35	+35.2%	SHS CL A	G0403H108
BNTX	BIONTECH SE	273,073 (-6.9%)	$25,997 (-10.1%)	0.2%	$111.14	—	SPONSORED ADS	09075V102
NI	NISOURCE INC	911,679 (-3.1%)	$38,072 (-6.6%)	0.3%	$34.83	+22.4%	COM	65473P105
GS	GOLDMAN SACHS GROUP INC	20,646 (-20.8%)	$18,148 (-12.6%)	0.1%	$440.08	+84.8%	COM	38141G104
VRTX	VERTEX PHARMACEUTICALS INC	159,660 (-16.6%)	$72,383 (-3.4%)	0.6%	$382.18	+12.8%	COM	92532F100
IBN	ICICI BANK LIMITED	540,613 (-12.4%)	$16,110 (-13.7%)	0.1%	$12.76	—	ADR	45104G104
C	CITIGROUP INC	299,218 (-6.8%)	$34,916 (+7.1%)	0.3%	$67.66	+53.2%	COM NEW	172967424
SAP	SAP SE	58,700 (-5.1%)	$14,259 (-13.8%)	0.1%	$200.53	—	SPON ADR	803054204
TXN	TEXAS INSTRS INC	77,516 (-9.4%)	$13,448 (-14.5%)	0.1%	$175.04	-2.5%	COM	882508104
SAIA	SAIA INC	22,982 (-29.4%)	$7,504 (-23.0%)	0.1%	$267.88	+12.8%	COM	78709Y105
AMAT	APPLIED MATLS INC	38,783 (-33.1%)	$9,967 (-16.1%)	0.1%	$153.98	+55.5%	COM	038222105
ASML	ASML HOLDING N V	141,530 (-10.6%)	$151,417 (-1.1%)	1.2%	$544.31	—	N Y REGISTRY SHS	N07059210
TSM	TAIWAN SEMICONDUCTOR MFG LTD	286,812 (-6.3%)	$87,159 (+2.0%)	0.7%	$50.02	—	SPONSORED ADS	874039100
WYNN	WYNN RESORTS LTD	66,092 (-11.5%)	$7,953 (-17.0%)	0.1%	$100.37	+23.1%	COM	983134107
KLAC	KLA CORP	116,850 (-12.2%)	$141,982 (-1.1%)	1.1%	$570.75	+105.3%	COM NEW	482480100
ZBH	ZIMMER BIOMET HOLDINGS INC	147,608 (-1.4%)	$13,273 (-10.0%)	0.1%	$96.68	-2.2%	COM	98956P102
MNST	MONSTER BEVERAGE CORP NEW	78,405 (-28.9%)	$6,011 (-19.1%)	0.0%	$50.77	+41.1%	COM	61174X109
CNP	CENTERPOINT ENERGY INC	399,180 (-7.1%)	$15,305 (-8.2%)	0.1%	$24.94	+55.8%	COM	15189T107
SHOP	SHOPIFY INC	588,128 (-6.4%)	$94,671 (+1.4%)	0.7%	$62.51	+156.8%	CL A SUB VTG SHS	82509L107
—	QIAGEN NV	474,081 (-6.4%)	$21,319 (-5.8%)	0.2%	$47.91	—	COM SHS	N72482206
HEI	HEICO CORP NEW	62,298 (-5.4%)	$20,159 (-5.2%)	0.2%	$223.61	+41.3%	COM	422806109
MCD	MCDONALDS CORP	33,377 (-9.6%)	$10,201 (-9.1%)	0.1%	$271.41	+12.4%	COM	580135101
CWST	CASELLA WASTE SYS INC	34,984 (-24.5%)	$3,426 (-22.1%)	0.0%	$105.70	-12.2%	CL A	147448104
BA	BOEING CO	224,352 (-2.2%)	$48,711 (-1.7%)	0.4%	$189.61	+8.5%	COM	097023105
EL	LAUDER ESTEE COS INC	124,137 (-20.6%)	$13,000 (-5.7%)	0.1%	$71.93	+34.6%	CL A	518439104
APO	APOLLO GLOBAL MGMT INC	184,118 (-5.4%)	$26,653 (+2.7%)	0.2%	$118.89	+11.5%	COM	03769M106
TDG	TRANSDIGM GROUP INC	43,027 (-2.0%)	$57,219 (-1.2%)	0.5%	$527.78	+148.4%	COM	893641100
ULS	UL SOLUTIONS INC	115,256 (-3.8%)	$9,089 (+7.0%)	0.1%	$50.07	+60.3%	CLASS A COM SHS	903731107
XPO	XPO INC	14,314 (-27.0%)	$1,945 (-23.3%)	0.0%	$123.23	+10.6%	COM	983793100
CRSP	CRISPR THERAPEUTICS AG	32,979 (-2.2%)	$1,729 (-20.8%)	0.0%	$70.78	-15.4%	NAMEN AKT	H17182108
CM	CANADIAN IMPERIAL BANK OF CO	45,211 (-20.6%)	$4,102 (-9.8%)	0.0%	$52.98	+62.0%	COM	136069101
GLOB	GLOBANT S A	47,485 (-3.1%)	$3,104 (+10.4%)	0.0%	$144.75	-56.6%	COM	L44385109
ETR	ENTERGY CORP NEW	107,063 (-1.8%)	$9,896 (-2.6%)	0.1%	$68.64	+37.7%	COM	29364G103
CNI	CANADIAN NATL RY CO	260,931 (-3.8%)	$25,807 (+0.9%)	0.2%	$112.51	-14.5%	COM	136375102
SOBO	SOUTH BOW CORP	31,473 (-14.3%)	$866 (-16.7%)	0.0%	$23.31	+16.5%	COM	83671M105
GRFS	GRIFOLS S A	190,360 (-2.6%)	$1,780 (-8.5%)	0.0%	$15.35	—	SP ADR REP B NVT	398438408
ASND	ASCENDIS PHARMA A/S	9,065 (-13.5%)	$1,933 (-7.2%)	0.0%	$145.56	—	SPONSORED ADR	04351P101
KB	KB FINL GROUP INC	33,026 (-7.8%)	$2,842 (-4.4%)	0.0%	$40.59	—	SPONSORED ADR	48241A105
NSC	NORFOLK SOUTHN CORP	3,871 (-6.7%)	$1,118 (-10.3%)	0.0%	$210.61	+37.0%	COM	655844108
GGB	GERDAU SA	210,637 (-2.6%)	$777 (+16.0%)	0.0%	$3.98	—	SPON ADR REP PFD	373737105
GILD	GILEAD SCIENCES INC	322,996 (-9.7%)	$39,645 (-0.2%)	0.3%	$85.47	+41.4%	COM	375558103
SW	SMURFIT WESTROCK PLC	7,797 (-10.9%)	$302 (-19.1%)	0.0%	$45.03	-15.3%	SHS	G8267P108
CMS	CMS ENERGY CORP	9,570 (-5.0%)	$669 (-9.3%)	0.0%	$55.59	+30.4%	COM	125896100
SUI	SUN CMNTYS INC	3,027 (-9.3%)	$375 (-12.8%)	0.0%	$122.97	—	COM	866674104
WBS	WEBSTER FINL CORP	21,891 (-7.7%)	$1,378 (-2.3%)	0.0%	$44.59	+33.2%	COM	947890109
DOW	DOW INC	14,681 (-9.7%)	$343 (-7.9%)	0.0%	$38.43	-40.7%	COM	260557103
SBAC	SBA COMMUNICATIONS CORP NEW	1,789 (-5.1%)	$346 (-5.1%)	0.0%	$218.52	-11.8%	CL A	78410G104
ADI	ANALOG DEVICES INC	1,333 (-5.2%)	$362 (+4.6%)	0.0%	$175.76	+42.6%	COM	032654105
TPG	TPG INC	10,108 (-8.0%)	$645 (+2.2%)	0.0%	$57.37	+2.9%	COM CL A	872657101
EIX	EDISON INTL	4,543 (-5.0%)	$273 (+3.1%)	0.0%	$52.86	+8.5%	COM	281020107
AES	AES CORP	43,834 (-7.8%)	$629 (+0.5%)	0.0%	$15.50	-9.5%	COM	00130H105

Unchanged Positions (26)

LLY ELI LILLY & CO 1.7%

Value ($000) $214,439 Shares 199,538 Est. Cost $496.62 Unrealized +92.4%

META META PLATFORMS INC 2.5%

Value ($000) $318,415 Shares 482,381 Est. Cost $351.81 Unrealized +89.7%

TFC TRUIST FINL CORP 0.6%

Value ($000) $70,514 Shares 1,432,928 Est. Cost $38.34 Unrealized +19.4%

SRE SEMPRA 0.6%

Value ($000) $71,906 Shares 814,429 Est. Cost $71.27 Unrealized +27.0%

NU NU HLDGS LTD 0.1%

Value ($000) $17,010 Shares 1,016,110 Est. Cost $11.89 Unrealized +35.2%

AME AMETEK INC 0.1%

Value ($000) $9,834 Shares 47,899 Est. Cost $88.23 Unrealized +120.3%

DBD DIEBOLD NIXDORF INC 0.0%

Value ($000) $4,930 Shares 72,617 Est. Cost $18.98 Unrealized +229.2%

NVDA NVIDIA CORPORATION 2.6%

Value ($000) $327,276 Shares 1,754,831 Est. Cost $117.14 Unrealized +58.9%

CG CARLYLE GROUP INC 0.1%

Value ($000) $7,414 Shares 125,420 Est. Cost $44.93 Unrealized +25.3%

TRP TC ENERGY CORP 0.2%

Value ($000) $27,718 Shares 503,659 Est. Cost $40.41 Unrealized +32.0%

SONY SONY GROUP CORP 0.0%

Value ($000) $3,139 Shares 122,609 Est. Cost $29.01 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.0%

Value ($000) $4,904 Shares 120,399 Est. Cost $42.49 Unrealized -4.7%

TGT TARGET CORP 0.0%

Value ($000) $4,532 Shares 46,367 Est. Cost $114.57 Unrealized -20.0%

KHC KRAFT HEINZ CO 0.0%

Value ($000) $4,528 Shares 186,739 Est. Cost $26.92 Unrealized -8.5%

T AT&T INC 0.0%

Value ($000) $2,355 Shares 94,820 Est. Cost $24.22 Unrealized +4.4%

PEG PUBLIC SVC ENTERPRISE GRP IN 0.1%

Value ($000) $6,955 Shares 86,616 Est. Cost $70.15 Unrealized +15.6%

EXR EXTRA SPACE STORAGE INC 0.0%

Value ($000) $2,635 Shares 20,232 Est. Cost $138.91 Unrealized -2.8%

NUE NUCOR CORP 0.0%

Value ($000) $1,274 Shares 7,810 Est. Cost $140.51 Unrealized +6.6%

FITB FIFTH THIRD BANCORP 0.0%

Value ($000) $3,793 Shares 81,035 Est. Cost $35.23 Unrealized +23.9%

TOL TOLL BROTHERS INC 0.0%

Value ($000) $5,037 Shares 37,249 Est. Cost $130.53 Unrealized +4.0%

HEI/A HEICO CORP NEW 0.1%

Value ($000) $10,161 Shares 40,251 Est. Cost $147.71 Unrealized +67.2%

AIT APPLIED INDL TECHNOLOGIES IN 0.0%

Value ($000) $2,677 Shares 10,425 Est. Cost $261.21 Unrealized -2.3%

ADBE ADOBE INC 0.0%

Value ($000) $5,557 Shares 15,879 Est. Cost $401.33 Unrealized -15.3%

— MICROCHIP TECHNOLOGY INC. 0.0%

Value ($000) $2,285 Shares 39,200 Est. Cost $50.33 Unrealized —

FUL FULLER H B CO 0.0%

Value ($000) $3,217 Shares 54,099 Est. Cost $63.87 Unrealized -8.4%

TXRH TEXAS ROADHOUSE INC 0.0%

Value ($000) $3,346 Shares 20,154 Est. Cost $175.05 Unrealized -3.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY & CO	199,538	$214,439	1.7%	$496.62	+92.4%	COM	532457108
META	META PLATFORMS INC	482,381	$318,415	2.5%	$351.81	+89.7%	CL A	30303M102
TFC	TRUIST FINL CORP	1,432,928	$70,514	0.6%	$38.34	+19.4%	COM	89832Q109
SRE	SEMPRA	814,429	$71,906	0.6%	$71.27	+27.0%	COM	816851109
NU	NU HLDGS LTD	1,016,110	$17,010	0.1%	$11.89	+35.2%	ORD SHS CL A	G6683N103
AME	AMETEK INC	47,899	$9,834	0.1%	$88.23	+120.3%	COM	031100100
DBD	DIEBOLD NIXDORF INC	72,617	$4,930	0.0%	$18.98	+229.2%	COM SHS	253651202
NVDA	NVIDIA CORPORATION	1,754,831	$327,276	2.6%	$117.14	+58.9%	COM	67066G104
CG	CARLYLE GROUP INC	125,420	$7,414	0.1%	$44.93	+25.3%	COM	14316J108
TRP	TC ENERGY CORP	503,659	$27,718	0.2%	$40.41	+32.0%	COM	87807B107
SONY	SONY GROUP CORP	122,609	$3,139	0.0%	$29.01	—	SPONSORED ADR	835699307
VZ	VERIZON COMMUNICATIONS INC	120,399	$4,904	0.0%	$42.49	-4.7%	COM	92343V104
TGT	TARGET CORP	46,367	$4,532	0.0%	$114.57	-20.0%	COM	87612E106
KHC	KRAFT HEINZ CO	186,739	$4,528	0.0%	$26.92	-8.5%	COM	500754106
T	AT&T INC	94,820	$2,355	0.0%	$24.22	+4.4%	COM	00206R102
PEG	PUBLIC SVC ENTERPRISE GRP IN	86,616	$6,955	0.1%	$70.15	+15.6%	COM	744573106
EXR	EXTRA SPACE STORAGE INC	20,232	$2,635	0.0%	$138.91	-2.8%	COM	30225T102
NUE	NUCOR CORP	7,810	$1,274	0.0%	$140.51	+6.6%	COM	670346105
FITB	FIFTH THIRD BANCORP	81,035	$3,793	0.0%	$35.23	+23.9%	COM	316773100
TOL	TOLL BROTHERS INC	37,249	$5,037	0.0%	$130.53	+4.0%	COM	889478103
HEI/A	HEICO CORP NEW	40,251	$10,161	0.1%	$147.71	+67.2%	CL A	422806208
AIT	APPLIED INDL TECHNOLOGIES IN	10,425	$2,677	0.0%	$261.21	-2.3%	COM	03820C105
ADBE	ADOBE INC	15,879	$5,557	0.0%	$401.33	-15.3%	COM	00724F101
—	MICROCHIP TECHNOLOGY INC.	39,200	$2,285	0.0%	$50.33	—	DEP SHS REPSTG	595017302
FUL	FULLER H B CO	54,099	$3,217	0.0%	$63.87	-8.4%	COM	359694106
TXRH	TEXAS ROADHOUSE INC	20,154	$3,346	0.0%	$175.05	-3.6%	COM	882681109