Winslow Capital Management, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GEV	GE Vernova Inc.	732,813	$479,625	1.6%	$609.04	0.0%	COM	36828A101
VRTX	Vertex Pharmaceuticals, Inc.	887,640	$405,098	1.4%	$431.03	0.0%	COM	92532F100
MCK	Mckesson Corporation	437,073	$358,699	1.2%	$815.57	0.0%	COM	58155Q103
CTAS	Cintas Corporation	1,822,369	$342,503	1.1%	$188.13	0.0%	COM	172908105
NDAQ	Nasdaq Inc	2,568,537	$250,499	0.8%	$89.74	0.0%	COM	631103108
IVW	ISHARES TR S&P500/BARRA GW	10,414	$1,284	0.0%	$123.26	—	COM	464287309
ASML	ASML HOLDING N V N Y REGISTRY	190	$203	0.0%	$1069.86	—	COM	N07059210

Increased Positions (20)

ISRG Intuitive Surgical Inc 2.4%

Value ($000) $722,500 (+137.2%) Shares 1,269,563 (+86.4%) Est. Cost $428.18 Unrealized +24.3%

PWR Quanta Services, Inc. 1.0%

Value ($000) $285,268 (+8526.0%) Shares 673,593 (+8341.0%) Est. Cost $438.67 Unrealized +0.1%

NOW ServiceNow Inc 1.4%

Value ($000) $425,414 (-39.2%) Shares 2,781,207 (+266.0%) Est. Cost $159.18 Unrealized +7.8%

KKR KKR & Co. Inc 0.9%

Value ($000) $270,214 (+15792.5%) Shares 2,114,593 (+16061.7%) Est. Cost $124.19 Unrealized +0.1%

HLT Hilton Worldwide Holdings Inc 1.6%

Value ($000) $480,215 (+64.7%) Shares 1,668,542 (+48.5%) Est. Cost $201.55 Unrealized +35.1%

PH Parker-Hannifin Corp. 0.5%

Value ($000) $144,455 (+29624.8%) Shares 164,111 (+25502.3%) Est. Cost $815.84 Unrealized +0.2%

SYK Stryker Corp. 1.5%

Value ($000) $458,565 (+31.6%) Shares 1,299,426 (+37.9%) Est. Cost $346.78 Unrealized +4.8%

GE GE Aerospace 1.3%

Value ($000) $398,389 (+31.4%) Shares 1,285,902 (+27.6%) Est. Cost $174.54 Unrealized +72.3%

AVGO Broadcom Inc 5.2%

Value ($000) $1,540,042 (+6.3%) Shares 4,452,976 (+1.4%) Est. Cost $167.79 Unrealized +112.8%

NFLX Netflix Inc. 1.8%

Value ($000) $528,579 (-14.5%) Shares 5,651,852 (+996.0%) Est. Cost $103.36 Unrealized +4.3%

ARES Ares Management Corp 1.0%

Value ($000) $310,628 (+33.4%) Shares 1,911,513 (+31.2%) Est. Cost $161.48 Unrealized -4.0%

SPOT Spotify Technology S.A. 2.2%

Value ($000) $644,246 (-10.2%) Shares 1,111,438 (+8.2%) Est. Cost $361.93 Unrealized +72.7%

DASH DoorDash Inc 1.8%

Value ($000) $531,709 (-12.0%) Shares 2,343,835 (+5.5%) Est. Cost $201.22 Unrealized +16.6%

IWF ISHARES TR RSSLL 1000 GRWT 0.1%

Value ($000) $33,326 (+184.3%) Shares 70,412 (+181.4%) Est. Cost $433.56 Unrealized —

MA Mastercard Incorporated 2.4%

Value ($000) $708,662 (+2.1%) Shares 1,239,121 (+1.6%) Est. Cost $334.23 Unrealized +67.2%

CDNS Cadence Design Systems, Inc. 1.2%

Value ($000) $360,831 (-3.6%) Shares 1,151,476 (+8.0%) Est. Cost $342.71 Unrealized -4.8%

AXON Axon Enterprise Inc 1.1%

Value ($000) $314,332 (-3.9%) Shares 547,802 (+20.2%) Est. Cost $636.31 Unrealized -2.5%

ANET Arista Networks Inc 0.8%

Value ($000) $248,502 (+5.1%) Shares 1,896,528 (+16.8%) Est. Cost $130.05 Unrealized +5.9%

TT Trane Technologies plc 0.0%

Value ($000) $10,961 (+375.7%) Shares 28,162 (+415.7%) Est. Cost $384.86 Unrealized +7.5%

VUG VANGUARD INDEX TR GROWTH VIPER 0.0%

Value ($000) $6,852 (+468.0%) Shares 14,044 (+458.4%) Est. Cost $471.37 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ISRG	Intuitive Surgical Inc	1,269,563 (+86.4%)	$722,500 (+137.2%)	2.4%	$428.18	+24.3%	COM	46120E602
PWR	Quanta Services, Inc.	673,593 (+8341.0%)	$285,268 (+8526.0%)	1.0%	$438.67	+0.1%	COM	74762E102
NOW	ServiceNow Inc	2,781,207 (+266.0%)	$425,414 (-39.2%)	1.4%	$159.18	+7.8%	COM	81762P102
KKR	KKR & Co. Inc	2,114,593 (+16061.7%)	$270,214 (+15792.5%)	0.9%	$124.19	+0.1%	COM	48251W104
HLT	Hilton Worldwide Holdings Inc	1,668,542 (+48.5%)	$480,215 (+64.7%)	1.6%	$201.55	+35.1%	COM	43300A203
PH	Parker-Hannifin Corp.	164,111 (+25502.3%)	$144,455 (+29624.8%)	0.5%	$815.84	+0.2%	COM	701094104
SYK	Stryker Corp.	1,299,426 (+37.9%)	$458,565 (+31.6%)	1.5%	$346.78	+4.8%	COM	863667101
GE	GE Aerospace	1,285,902 (+27.6%)	$398,389 (+31.4%)	1.3%	$174.54	+72.3%	COM	369604301
AVGO	Broadcom Inc	4,452,976 (+1.4%)	$1,540,042 (+6.3%)	5.2%	$167.79	+112.8%	COM	11135F101
NFLX	Netflix Inc.	5,651,852 (+996.0%)	$528,579 (-14.5%)	1.8%	$103.36	+4.3%	COM	64110L106
ARES	Ares Management Corp	1,911,513 (+31.2%)	$310,628 (+33.4%)	1.0%	$161.48	-4.0%	COM	03990B101
SPOT	Spotify Technology S.A.	1,111,438 (+8.2%)	$644,246 (-10.2%)	2.2%	$361.93	+72.7%	COM	L8681T102
DASH	DoorDash Inc	2,343,835 (+5.5%)	$531,709 (-12.0%)	1.8%	$201.22	+16.6%	COM	25809K105
IWF	ISHARES TR RSSLL 1000 GRWT	70,412 (+181.4%)	$33,326 (+184.3%)	0.1%	$433.56	—	ETF-EQUITY	464287614
MA	Mastercard Incorporated	1,239,121 (+1.6%)	$708,662 (+2.1%)	2.4%	$334.23	+67.2%	COM	57636Q104
CDNS	Cadence Design Systems, Inc.	1,151,476 (+8.0%)	$360,831 (-3.6%)	1.2%	$342.71	-4.8%	COM	127387108
AXON	Axon Enterprise Inc	547,802 (+20.2%)	$314,332 (-3.9%)	1.1%	$636.31	-2.5%	COM	05464C101
ANET	Arista Networks Inc	1,896,528 (+16.8%)	$248,502 (+5.1%)	0.8%	$130.05	+5.9%	COM	040413205
TT	Trane Technologies plc	28,162 (+415.7%)	$10,961 (+375.7%)	0.0%	$384.86	+7.5%	COM	G8994E103
VUG	VANGUARD INDEX TR GROWTH VIPER	14,044 (+458.4%)	$6,852 (+468.0%)	0.0%	$471.37	—	ETF-EQUITY	922908736

Exited Positions (5)

ETN Eaton Corp Plc 1.3%

Value ($000) $380,173 Shares 1,015,826 Est. Cost $317.73 Unrealized +11.5%

CVNA Carvana Co 0.6%

Value ($000) $182,870 Shares 484,757 Est. Cost $357.61 Unrealized +3.9%

FIX Comfort Systems Usa Inc 0.1%

Value ($000) $26,728 Shares 32,390 Est. Cost $459.70 Unrealized +100.8%

SAIL Sailpoint Inc 0.1%

Value ($000) $16,649 Shares 754,026 Est. Cost $21.79 Unrealized -4.3%

TXN TEXAS INSTRUMENTS INC 0.0%

Value ($000) $209 Shares 1,140 Est. Cost $190.93 Unrealized -10.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ETN	Eaton Corp Plc	1,015,826	$380,173	1.3%	$317.73	+11.5%	—	G29183103
CVNA	Carvana Co	484,757	$182,870	0.6%	$357.61	+3.9%	—	146869102
FIX	Comfort Systems Usa Inc	32,390	$26,728	0.1%	$459.70	+100.8%	—	199908104
SAIL	Sailpoint Inc	754,026	$16,649	0.1%	$21.79	-4.3%	—	78781J109
TXN	TEXAS INSTRUMENTS INC	1,140	$209	0.0%	$190.93	-10.6%	—	882508104

Decreased Positions (33)

ORCL Oracle Corp. 1.1%

Value ($000) $336,578 (-63.3%) Shares 1,728,534 (-47.0%) Est. Cost $193.35 Unrealized +23.1%

GOOG Alphabet Inc 6.4%

Value ($000) $1,896,237 (+26.1%) Shares 6,025,229 (-2.4%) Est. Cost $209.73 Unrealized +36.5%

AMD Advanced Micro Devices Inc. 0.6%

Value ($000) $177,734 (-68.1%) Shares 831,730 (-75.9%) Est. Cost $161.38 Unrealized +39.2%

MSFT Microsoft Corporation 10.3%

Value ($000) $3,063,583 (-10.8%) Shares 6,334,918 (-4.5%) Est. Cost $168.00 Unrealized +198.0%

BKNG BOOKING HLDGS INC 0.0%

Value ($000) $766 (-99.8%) Shares 143 (-99.8%) Est. Cost $4224.31 Unrealized +21.6%

MCO Moody`s Corp. 0.0%

Value ($000) $12,337 (-96.5%) Shares 24,150 (-96.7%) Est. Cost $502.63 Unrealized -3.0%

NVDA NVIDIA Corp 10.6%

Value ($000) $3,161,143 (-9.2%) Shares 16,920,537 (-9.3%) Est. Cost $100.72 Unrealized +84.8%

META Meta Platforms Inc 4.1%

Value ($000) $1,209,126 (-20.9%) Shares 1,834,788 (-11.9%) Est. Cost $277.91 Unrealized +140.1%

LLY Lilly(Eli) & Co 2.7%

Value ($000) $816,548 (+37.7%) Shares 757,228 (-2.6%) Est. Cost $646.05 Unrealized +47.9%

SNOW Snowflake Inc 2.3%

Value ($000) $688,907 (-24.2%) Shares 3,120,063 (-22.6%) Est. Cost $187.42 Unrealized +30.2%

VRT VERTIV HOLDINGS CO COM CL A 0.0%

Value ($000) $710 (-99.6%) Shares 4,384 (-99.7%) Est. Cost $97.15 Unrealized +78.7%

MELI MERCADOLIBRE INC COM 0.0%

Value ($000) $415 (-99.8%) Shares 206 (-99.8%) Est. Cost $2400.46 Unrealized -12.5%

TSLA Tesla Inc 2.3%

Value ($000) $676,966 (-19.0%) Shares 1,511,503 (-19.6%) Est. Cost $281.21 Unrealized +57.6%

ECL Ecolab, Inc. 0.6%

Value ($000) $166,391 (-48.4%) Shares 633,821 (-46.2%) Est. Cost $238.74 Unrealized +11.3%

AAPL Apple Inc 7.5%

Value ($000) $2,238,946 (+2.9%) Shares 8,279,618 (-3.1%) Est. Cost $168.68 Unrealized +59.1%

INTU Intuit Inc 2.0%

Value ($000) $601,621 (-9.3%) Shares 909,751 (-6.3%) Est. Cost $674.49 Unrealized -2.0%

APH Amphenol Corp. 1.7%

Value ($000) $501,699 (-8.6%) Shares 3,702,170 (-16.5%) Est. Cost $109.37 Unrealized +22.1%

ADI Analog Devices Inc. 0.5%

Value ($000) $157,804 (+10.6%) Shares 572,634 (-1.3%) Est. Cost $238.76 Unrealized +5.0%

PLTR Palantir Technologies Inc 0.9%

Value ($000) $261,597 (-4.7%) Shares 1,468,291 (-2.4%) Est. Cost $87.82 Unrealized +106.1%

KLAC KLA Corp. 0.4%

Value ($000) $117,231 (+7.5%) Shares 96,480 (-4.5%) Est. Cost $748.55 Unrealized +56.6%

SHOP Shopify Inc 1.6%

Value ($000) $477,554 (-1.4%) Shares 2,956,282 (-9.3%) Est. Cost $83.95 Unrealized +91.3%

HWM Howmet Aerospace Inc 1.1%

Value ($000) $322,674 (+2.0%) Shares 1,569,254 (-2.7%) Est. Cost $111.31 Unrealized +78.8%

V Visa Inc 2.3%

Value ($000) $697,635 (-0.2%) Shares 1,986,742 (-3.0%) Est. Cost $339.16 Unrealized +0.4%

LRCX LAM RESEARCH CORP COM NEW 0.0%

Value ($000) $3,761 (+23.5%) Shares 21,970 (-3.4%) Est. Cost $76.99 Unrealized +101.8%

GOOGL ALPHABET CLASS A 0.0%

Value ($000) $2,871 (+27.3%) Shares 9,174 (-1.2%) Est. Cost $110.65 Unrealized +158.1%

CMG CHIPOTLE MEXICAN GRILL INC CL 0.0%

Value ($000) $1,074 (-26.3%) Shares 29,040 (-21.9%) Est. Cost $58.32 Unrealized -38.0%

SNPS SYNOPSYS INC COM 0.0%

Value ($000) $513 (-38.9%) Shares 1,093 (-35.8%) Est. Cost $413.88 Unrealized +7.3%

ORLY O'REILLY AUTOMOTIVE INC NEW CO 0.0%

Value ($000) $1,353 (-18.5%) Shares 14,830 (-3.6%) Est. Cost $64.17 Unrealized +52.2%

WDAY WORKDAY INC CL A 0.0%

Value ($000) $318 (-44.6%) Shares 1,481 (-38.0%) Est. Cost $218.35 Unrealized +4.1%

ALNY ALNYLAM PHARMACEUTICALS INC CO 0.0%

Value ($000) $503 (-17.3%) Shares 1,266 (-5.2%) Est. Cost $260.02 Unrealized +70.2%

UBER UBER TECHNOLOGIES INC COM 0.0%

Value ($000) $481 (-17.9%) Shares 5,889 (-1.5%) Est. Cost $54.73 Unrealized +64.5%

BSX BOSTON SCIENTIFIC CORP COM 0.0%

Value ($000) $897 (-7.6%) Shares 9,403 (-5.4%) Est. Cost $52.29 Unrealized +87.5%

LIN LINDE PLC SHS 0.0%

Value ($000) $205 (-19.4%) Shares 481 (-10.3%) Est. Cost $322.30 Unrealized +32.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORCL	Oracle Corp.	1,728,534 (-47.0%)	$336,578 (-63.3%)	1.1%	$193.35	+23.1%	COM	68389X105
GOOG	Alphabet Inc	6,025,229 (-2.4%)	$1,896,237 (+26.1%)	6.4%	$209.73	+36.5%	COM	02079K107
AMD	Advanced Micro Devices Inc.	831,730 (-75.9%)	$177,734 (-68.1%)	0.6%	$161.38	+39.2%	COM	007903107
MSFT	Microsoft Corporation	6,334,918 (-4.5%)	$3,063,583 (-10.8%)	10.3%	$168.00	+198.0%	COM	594918104
BKNG	BOOKING HLDGS INC	143 (-99.8%)	$766 (-99.8%)	0.0%	$4224.31	+21.6%	COM	09857L108
MCO	Moody`s Corp.	24,150 (-96.7%)	$12,337 (-96.5%)	0.0%	$502.63	-3.0%	COM	615369105
NVDA	NVIDIA Corp	16,920,537 (-9.3%)	$3,161,143 (-9.2%)	10.6%	$100.72	+84.8%	COM	67066G104
META	Meta Platforms Inc	1,834,788 (-11.9%)	$1,209,126 (-20.9%)	4.1%	$277.91	+140.1%	COM	30303M102
LLY	Lilly(Eli) & Co	757,228 (-2.6%)	$816,548 (+37.7%)	2.7%	$646.05	+47.9%	COM	532457108
SNOW	Snowflake Inc	3,120,063 (-22.6%)	$688,907 (-24.2%)	2.3%	$187.42	+30.2%	COM	833445109
VRT	VERTIV HOLDINGS CO COM CL A	4,384 (-99.7%)	$710 (-99.6%)	0.0%	$97.15	+78.7%	COM	92537N108
MELI	MERCADOLIBRE INC COM	206 (-99.8%)	$415 (-99.8%)	0.0%	$2400.46	-12.5%	COM	58733R102
TSLA	Tesla Inc	1,511,503 (-19.6%)	$676,966 (-19.0%)	2.3%	$281.21	+57.6%	COM	88160R101
ECL	Ecolab, Inc.	633,821 (-46.2%)	$166,391 (-48.4%)	0.6%	$238.74	+11.3%	COM	278865100
AAPL	Apple Inc	8,279,618 (-3.1%)	$2,238,946 (+2.9%)	7.5%	$168.68	+59.1%	COM	037833100
INTU	Intuit Inc	909,751 (-6.3%)	$601,621 (-9.3%)	2.0%	$674.49	-2.0%	COM	461202103
APH	Amphenol Corp.	3,702,170 (-16.5%)	$501,699 (-8.6%)	1.7%	$109.37	+22.1%	COM	032095101
ADI	Analog Devices Inc.	572,634 (-1.3%)	$157,804 (+10.6%)	0.5%	$238.76	+5.0%	COM	032654105
PLTR	Palantir Technologies Inc	1,468,291 (-2.4%)	$261,597 (-4.7%)	0.9%	$87.82	+106.1%	COM	69608A108
KLAC	KLA Corp.	96,480 (-4.5%)	$117,231 (+7.5%)	0.4%	$748.55	+56.6%	COM	482480100
SHOP	Shopify Inc	2,956,282 (-9.3%)	$477,554 (-1.4%)	1.6%	$83.95	+91.3%	COM	82509L107
HWM	Howmet Aerospace Inc	1,569,254 (-2.7%)	$322,674 (+2.0%)	1.1%	$111.31	+78.8%	COM	443201108
V	Visa Inc	1,986,742 (-3.0%)	$697,635 (-0.2%)	2.3%	$339.16	+0.4%	COM	92826C839
LRCX	LAM RESEARCH CORP COM NEW	21,970 (-3.4%)	$3,761 (+23.5%)	0.0%	$76.99	+101.8%	COM	512807306
GOOGL	ALPHABET CLASS A	9,174 (-1.2%)	$2,871 (+27.3%)	0.0%	$110.65	+158.1%	COM	02079K305
CMG	CHIPOTLE MEXICAN GRILL INC CL	29,040 (-21.9%)	$1,074 (-26.3%)	0.0%	$58.32	-38.0%	COM	169656105
SNPS	SYNOPSYS INC COM	1,093 (-35.8%)	$513 (-38.9%)	0.0%	$413.88	+7.3%	COM	871607107
ORLY	O'REILLY AUTOMOTIVE INC NEW CO	14,830 (-3.6%)	$1,353 (-18.5%)	0.0%	$64.17	+52.2%	COM	67103H107
WDAY	WORKDAY INC CL A	1,481 (-38.0%)	$318 (-44.6%)	0.0%	$218.35	+4.1%	COM	98138H101
ALNY	ALNYLAM PHARMACEUTICALS INC CO	1,266 (-5.2%)	$503 (-17.3%)	0.0%	$260.02	+70.2%	COM	02043Q107
UBER	UBER TECHNOLOGIES INC COM	5,889 (-1.5%)	$481 (-17.9%)	0.0%	$54.73	+64.5%	COM	90353T100
BSX	BOSTON SCIENTIFIC CORP COM	9,403 (-5.4%)	$897 (-7.6%)	0.0%	$52.29	+87.5%	COM	101137107
LIN	LINDE PLC SHS	481 (-10.3%)	$205 (-19.4%)	0.0%	$322.30	+32.6%	COM	G54950103

Unchanged Positions (2)

AMZN Amazon.com Inc. 6.3%

Value ($000) $1,871,644 Shares 8,071,815 Est. Cost $117.58 Unrealized +94.6%

COMP Compass Inc 0.2%

Value ($000) $73,299 Shares 6,934,620 Est. Cost $15.59 Unrealized -41.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	Amazon.com Inc.	8,071,815	$1,871,644	6.3%	$117.58	+94.6%	COM	023135106
COMP	Compass Inc	6,934,620	$73,299	0.2%	$15.59	-41.5%	COM	20464U100