Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LOAR	Loar Holdings Inc	719,088 (+8.6%)	$57.97M (+52.8%)	1.3%	$71.83	—	COMMON-STOCK	53947R105
HEI/A	Heico Corp	180,138 (+21.1%)	$46.46M (+48.0%)	1.1%	$140.44	—	COMMON-STOCK	422806208
IWO	ISHARES TR	86,150 (+21.9%)	$33.94M (+53.0%)	0.8%	$312.86	—	ETF	464287648
ULS	UL Solutions Inc.	258,115 (+34.3%)	$26.29M (+59.6%)	0.6%	$83.45	—	COMMON-STOCK	903731107
CGNX	Cognex Corp	136,390 (+121.2%)	$9.877M (+227.0%)	0.2%	$46.47	—	COMMON-STOCK	192422103
IEX	Idex Corporation	98,720 (+5.1%)	$22.4M (+25.9%)	0.5%	$212.75	—	COMMON-STOCK	45167R104
VMC	Vulcan Materials Company	60,469 (+7.2%)	$17.84M (+16.2%)	0.4%	$231.62	—	COMMON-STOCK	929160109
APG	API Group Corp	251,657 (+19.5%)	$10.66M (+24.9%)	0.2%	$36.65	—	COMMON-STOCK	00187Y100
ULTA	Ulta Beauty Inc	22,766 (+6.9%)	$10.27M (-7.7%)	0.2%	$409.55	—	COMMON-STOCK	90384S303
SPGI	S&P Global Inc	3,499 (+26.4%)	$1.425M (+21.0%)	0.0%	$434.42	—	COMMON-STOCK	78409V104
MSI	Motorola Solutions Inc	3,711 (+1.1%)	$1.541M (-3.3%)	0.0%	$264.80	—	COMMON-STOCK	620076307
CRM	Salesforce Inc.	4,677 (+16.8%)	$733K (-2.0%)	0.0%	$249.17	—	COMMON-STOCK	79466L302

Exited Positions (2)

CERT Certara Inc 0.4%

Value $15.64M Shares 2,743,484 Est. Cost $15.94 Unrealized —

FBIN Fortune Brands Innovations Inc 0.1%

Value $2.325M Shares 59,654 Est. Cost $69.39 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CERT	Certara Inc	2,743,484	$15.64M	0.4%	$15.94	—	—	15687V109
FBIN	Fortune Brands Innovations Inc	59,654	$2.325M	0.1%	$69.39	—	—	34964C106

Decreased Positions (101)

EXLS ExlService Holdings Inc. 2.0%

Value $88.89M (-31.4%) Shares 3,437,491 (-19.3%) Est. Cost $28.33 Unrealized —

GMED Globus Med Inc 2.6%

Value $112M (-26.2%) Shares 1,417,067 (-19.5%) Est. Cost $58.59 Unrealized —

ONTO Onto Innovation Inc. 4.2%

Value $184M (+27.2%) Shares 486,692 (-31.1%) Est. Cost $81.05 Unrealized —

EXPO Exponent Inc 1.9%

Value $82.57M (-29.5%) Shares 1,405,173 (-21.7%) Est. Cost $86.71 Unrealized —

OLLI Ollies Bargain Outlet Holdings Inc. 1.4%

Value $59.25M (-33.2%) Shares 770,724 (-20.1%) Est. Cost $62.71 Unrealized —

SITE Siteone Landscape Supply Inc 1.3%

Value $55.08M (-34.0%) Shares 481,402 (-23.3%) Est. Cost $148.03 Unrealized —

BCPC Balchem Corp 2.6%

Value $115M (-19.6%) Shares 683,102 (-19.3%) Est. Cost $98.85 Unrealized —

DGII Digi International Inc. 2.4%

Value $104M (+33.5%) Shares 1,384,342 (-14.1%) Est. Cost $31.04 Unrealized —

LMAT Lemaitre Vascular Inc. 1.3%

Value $56.53M (-31.3%) Shares 589,064 (-21.9%) Est. Cost $33.15 Unrealized —

ROAD Construction Partners Inc. 3.4%

Value $148M (-14.8%) Shares 1,243,976 (-20.3%) Est. Cost $55.33 Unrealized —

TYL Tyler Technologies Inc. 1.4%

Value $60.9M (-28.2%) Shares 208,227 (-16.0%) Est. Cost $190.51 Unrealized —

KNSL Kinsale Capital Group Inc 1.7%

Value $75.56M (-23.2%) Shares 229,104 (-20.4%) Est. Cost $405.44 Unrealized —

BFAM Bright Horizons Family Solutions Inc Del 1.0%

Value $42.77M (-34.3%) Shares 603,358 (-23.9%) Est. Cost $111.40 Unrealized —

DSGX Descartes Systems Group Inc. 1.7%

Value $73.94M (-22.2%) Shares 1,067,938 (-19.6%) Est. Cost $50.33 Unrealized —

MTSI MACOM Technology Solutions Holdings Inc. 2.2%

Value $96.13M (+25.9%) Shares 252,722 (-26.5%) Est. Cost $125.68 Unrealized —

ESE ESCO Technologies Inc. 3.6%

Value $157M (-10.8%) Shares 449,149 (-28.3%) Est. Cost $92.99 Unrealized —

RBC RBC Bearings Inc 4.4%

Value $191M (-8.2%) Shares 296,316 (-22.6%) Est. Cost $274.70 Unrealized —

OPCH Option Care Health Inc 0.5%

Value $22.94M (-42.2%) Shares 1,093,941 (-25.8%) Est. Cost $31.28 Unrealized —

HLNE Hamilton Lane Inc 0.3%

Value $11.73M (-57.0%) Shares 148,795 (-45.8%) Est. Cost $122.86 Unrealized —

DDOG Datadog Inc 0.7%

Value $30.14M (+106.2%) Shares 115,761 (-6.5%) Est. Cost $130.73 Unrealized —

JJSF J&J Snack Foods Corp 0.4%

Value $17.8M (-46.1%) Shares 242,346 (-41.8%) Est. Cost $112.67 Unrealized —

FSV FirstService Corp. 1.4%

Value $59.07M (-19.4%) Shares 415,689 (-21.2%) Est. Cost $158.70 Unrealized —

NOVT Novanta Inc 2.8%

Value $123M (+11.9%) Shares 758,878 (-18.5%) Est. Cost $158.38 Unrealized —

VERX Vertex Inc 0.3%

Value $13.62M (-46.3%) Shares 1,186,812 (-44.4%) Est. Cost $37.42 Unrealized —

BLKB Blackbaud Inc 0.4%

Value $16.53M (-40.5%) Shares 558,107 (-22.4%) Est. Cost $76.14 Unrealized —

TXRH Texas Roadhouse Inc 2.8%

Value $120M (-8.5%) Shares 622,962 (-21.8%) Est. Cost $66.19 Unrealized —

AXON Axon Enterprise Inc 1.2%

Value $51.58M (+25.6%) Shares 91,999 (-4.9%) Est. Cost $342.71 Unrealized —

AAON Aaon Inc 3.5%

Value $152M (+6.9%) Shares 1,200,842 (-30.2%) Est. Cost $54.08 Unrealized —

IIIV I3 Verticals INC 0.6%

Value $25.42M (-26.9%) Shares 1,190,152 (-23.5%) Est. Cost $21.30 Unrealized —

DCI Donaldson Co Inc 1.0%

Value $42.51M (-17.1%) Shares 473,544 (-21.6%) Est. Cost $41.42 Unrealized —

AGYS Agilysys Inc 1.3%

Value $55.7M (+16.4%) Shares 532,995 (-20.7%) Est. Cost $89.97 Unrealized —

RGEN Repligen Corporation 2.1%

Value $89.52M (+9.5%) Shares 656,093 (-5.4%) Est. Cost $132.26 Unrealized —

PLUS Eplus Inc 1.1%

Value $49.59M (-13.2%) Shares 595,827 (-21.6%) Est. Cost $48.76 Unrealized —

ALRM Alarm.com Holdings Inc. 0.9%

Value $38.7M (-16.3%) Shares 828,409 (-22.6%) Est. Cost $48.10 Unrealized —

INTU Intuit Inc 0.1%

Value $4.936M (-58.4%) Shares 18,913 (-31.1%) Est. Cost $69.54 Unrealized —

BL Blackline Inc 0.3%

Value $10.94M (-38.2%) Shares 389,591 (-18.5%) Est. Cost $54.60 Unrealized —

VCEL Vericel Corporation 1.4%

Value $59.58M (+12.5%) Shares 1,339,123 (-18.7%) Est. Cost $46.03 Unrealized —

TECH Bio-Techne Corp 1.6%

Value $71.5M (+10.1%) Shares 1,012,077 (-18.6%) Est. Cost $70.45 Unrealized —

CDNS Cadence Design Systems, Inc. 0.7%

Value $31.38M (+26.3%) Shares 83,601 (-6.5%) Est. Cost $190.34 Unrealized —

EPAM EPAM Systems Inc. 0.2%

Value $7.343M (-45.0%) Shares 92,539 (-6.1%) Est. Cost $208.14 Unrealized —

CSGP Costar Group Inc 0.3%

Value $11.84M (-32.9%) Shares 418,102 (-4.4%) Est. Cost $83.19 Unrealized —

HQY Healthequity Inc 2.4%

Value $104M (+5.8%) Shares 1,149,680 (-2.1%) Est. Cost $84.09 Unrealized —

VVV Valvoline Inc 1.5%

Value $65.84M (+9.2%) Shares 1,665,139 (-7.0%) Est. Cost $38.80 Unrealized —

ICE Intercontinental Exchange Inc 0.3%

Value $14.8M (-27.2%) Shares 120,229 (-7.0%) Est. Cost $132.97 Unrealized —

AX Axos Financial Inc 1.1%

Value $46.46M (-10.2%) Shares 477,009 (-21.6%) Est. Cost $55.14 Unrealized —

CPRT Copart Inc 0.5%

Value $21.04M (-19.4%) Shares 746,225 (-5.1%) Est. Cost $33.28 Unrealized —

PLMR Palomar Holdings Inc 0.5%

Value $21.24M (-17.2%) Shares 168,074 (-21.7%) Est. Cost $85.64 Unrealized —

LMB Limbach Holdings Inc. 0.3%

Value $14.29M (-22.5%) Shares 185,528 (-21.4%) Est. Cost $86.22 Unrealized —

CWST Casella Waste Systems, Inc. 2.0%

Value $88.35M (-4.3%) Shares 911,153 (-21.7%) Est. Cost $87.97 Unrealized —

WSC WillScot Holdings Corporation 0.3%

Value $14.26M (+32.8%) Shares 494,016 (-20.1%) Est. Cost $36.01 Unrealized —

WMS Advanced Drainage System Inc 0.9%

Value $38.6M (+10.0%) Shares 245,893 (-3.9%) Est. Cost $154.64 Unrealized —

WDFC WD-40 Co. 1.2%

Value $54.29M (-5.7%) Shares 222,836 (-21.1%) Est. Cost $190.43 Unrealized —

BR Broadridge Financial Solutions Inc. 0.3%

Value $11.14M (-21.3%) Shares 81,346 (-6.6%) Est. Cost $194.46 Unrealized —

IDXX IDEXX Laboratories Inc. 0.5%

Value $21.18M (-12.3%) Shares 40,242 (-6.4%) Est. Cost $508.08 Unrealized —

SPXC SPX Technologies, Inc. 1.7%

Value $74.71M (-3.8%) Shares 304,729 (-21.5%) Est. Cost $143.56 Unrealized —

BURL Burlington Stores Inc. 0.9%

Value $40.44M (-6.5%) Shares 127,657 (-3.9%) Est. Cost $226.65 Unrealized —

CSW CSW Industrials Inc. 0.3%

Value $14.68M (-15.9%) Shares 52,743 (-21.2%) Est. Cost $305.19 Unrealized —

ORLY O'Reilly Automotive Inc. 0.8%

Value $35.38M (-7.1%) Shares 384,205 (-6.9%) Est. Cost $89.69 Unrealized —

HUBS Hubspot Inc 0.1%

Value $6.513M (-28.1%) Shares 35,686 (-3.8%) Est. Cost $388.98 Unrealized —

BLFS Biolife Solutions Inc. 0.4%

Value $16.44M (+16.5%) Shares 582,141 (-21.3%) Est. Cost $19.58 Unrealized —

BSY Bentley Systems Incorporated 0.2%

Value $9.404M (-19.7%) Shares 314,630 (-5.6%) Est. Cost $42.54 Unrealized —

STE Steris PLC 0.5%

Value $21.82M (-9.5%) Shares 103,634 (-5.0%) Est. Cost $178.61 Unrealized —

TREX Trex Company, Inc. 0.7%

Value $29.44M (+7.8%) Shares 588,319 (-21.5%) Est. Cost $85.31 Unrealized —

DORM Dorman Products Inc. 1.4%

Value $61.01M (+3.6%) Shares 447,159 (-20.8%) Est. Cost $89.24 Unrealized —

WSO Watsco Inc 0.5%

Value $23.93M (+9.5%) Shares 57,428 (-4.4%) Est. Cost $246.17 Unrealized —

VBK Vanguard Index Funds 0.0%

Value $1.352M (-60.6%) Shares 3,697 (-67.4%) Est. Cost $302.16 Unrealized —

APH Amphenol Corporation 0.9%

Value $39.69M (+5.4%) Shares 225,087 (-24.5%) Est. Cost $38.64 Unrealized —

VRSK Verisk Analytics, Inc. 0.4%

Value $18.82M (-9.7%) Shares 104,832 (-4.5%) Est. Cost $243.66 Unrealized —

UFPT UFP Technologies Inc. 0.6%

Value $27.32M (+7.6%) Shares 103,038 (-21.4%) Est. Cost $194.91 Unrealized —

TRMB Trimble Inc 0.1%

Value $4.521M (-26.9%) Shares 88,330 (-6.8%) Est. Cost $29.25 Unrealized —

KEYS Keysight Technologies, Inc. 1.6%

Value $71.05M (+2.4%) Shares 202,970 (-17.4%) Est. Cost $150.25 Unrealized —

MPWR Monolithic Power Systems Inc. 1.0%

Value $45.01M (+3.6%) Shares 32,563 (-18.1%) Est. Cost $550.43 Unrealized —

GNRC Generac Holdings Inc. 0.1%

Value $5.23M (+40.1%) Shares 17,863 (-6.5%) Est. Cost $290.60 Unrealized —

MKTX MarketAxess Holdings Inc. 0.1%

Value $3.075M (-32.3%) Shares 27,092 (-1.6%) Est. Cost $203.96 Unrealized —

ROP Roper Technologies Inc 0.2%

Value $9.488M (-10.7%) Shares 28,038 (-6.6%) Est. Cost $181.80 Unrealized —

IT Gartner Inc. 0.1%

Value $3.505M (-23.3%) Shares 27,037 (-6.3%) Est. Cost $84.14 Unrealized —

TJX The TJX Companies Inc. 0.0%

Value $1.949M (-28.0%) Shares 12,866 (-24.1%) Est. Cost $39.05 Unrealized —

SSNC SS&C Technologies Holdings Inc. 0.1%

Value $4.506M (-12.4%) Shares 72,621 (-4.6%) Est. Cost $62.57 Unrealized —

ODFL Old Dominion Freight Line Inc. 0.4%

Value $15.95M (+3.8%) Shares 73,621 (-6.4%) Est. Cost $194.16 Unrealized —

WMT Walmart Inc 0.0%

Value $1.929M (-20.5%) Shares 17,032 (-12.7%) Est. Cost $51.81 Unrealized —

CRL Charles River Laboratories International, Inc. 0.1%

Value $2.534M (+23.0%) Shares 11,174 (-6.4%) Est. Cost $303.76 Unrealized —

CHD Church & Dwight Co Inc. 0.6%

Value $28.1M (-1.5%) Shares 290,037 (-5.2%) Est. Cost $52.45 Unrealized —

COO The Cooper Companies, Inc. 0.1%

Value $6.352M (-6.4%) Shares 88,579 (-6.7%) Est. Cost $96.05 Unrealized —

COST Costco Wholesale Corporation 0.0%

Value $1.806M (-18.8%) Shares 1,931 (-13.5%) Est. Cost $773.82 Unrealized —

POOL Pool Corporation 0.5%

Value $19.7M (+2.1%) Shares 91,687 (-3.9%) Est. Cost $345.09 Unrealized —

ALGN Align Technology Inc. 0.1%

Value $4.409M (-8.0%) Shares 26,139 (-6.5%) Est. Cost $136.52 Unrealized —

MRVL Marvell Technology Inc 0.1%

Value $2.246M (-13.4%) Shares 7,540 (-71.2%) Est. Cost $52.31 Unrealized —

RJF Raymond James Financial Inc. 0.3%

Value $14.02M (-2.3%) Shares 92,250 (-7.0%) Est. Cost $58.85 Unrealized —

LOW Lowes Companies, Inc. 0.0%

Value $1.241M (-18.1%) Shares 5,628 (-12.3%) Est. Cost $104.18 Unrealized —

TMO Thermo Fisher Scientific Inc 0.0%

Value $1.781M (-12.6%) Shares 3,553 (-14.3%) Est. Cost $342.84 Unrealized —

FRPT Freshpet Inc 0.1%

Value $3.763M (-6.3%) Shares 63,653 (-6.6%) Est. Cost $122.32 Unrealized —

MSFT Microsoft Corp. 0.0%

Value $1.706M (-12.4%) Shares 4,573 (-13.1%) Est. Cost $157.91 Unrealized —

GOOGL Alphabet Inc. 0.1%

Value $2.832M (+8.2%) Shares 7,924 (-12.9%) Est. Cost $167.35 Unrealized —

VLTO Veralto Corp. 0.0%

Value $701K (-14.0%) Shares 7,908 (-14.3%) Est. Cost $98.67 Unrealized —

DXCM DexCom Inc 0.2%

Value $8.828M (+1.2%) Shares 131,083 (-5.6%) Est. Cost $111.07 Unrealized —

DHR Danaher Corporation 0.0%

Value $585K (-13.1%) Shares 3,069 (-13.5%) Est. Cost $45.58 Unrealized —

VEEV Veeva Systems Inc 0.1%

Value $5.635M (-1.3%) Shares 31,750 (-2.3%) Est. Cost $272.61 Unrealized —

CBZ CBIZ Inc. 0.2%

Value $9.433M (-0.5%) Shares 294,044 (-16.7%) Est. Cost $73.31 Unrealized —

EW Edwards Lifesciences Corporation 0.0%

Value $1.662M (-2.3%) Shares 18,377 (-13.5%) Est. Cost $86.30 Unrealized —

IWP ISHARES TR 0.1%

Value $2.961M (-1.1%) Shares 20,221 (-13.4%) Est. Cost $132.23 Unrealized —

V Visa Inc 0.0%

Value $1.803M (-1.0%) Shares 5,256 (-12.8%) Est. Cost $270.83 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EXLS	ExlService Holdings Inc.	3,437,491 (-19.3%)	$88.89M (-31.4%)	2.0%	$28.33	—	COMMON-STOCK	302081104
GMED	Globus Med Inc	1,417,067 (-19.5%)	$112M (-26.2%)	2.6%	$58.59	—	COMMON-STOCK	379577208
ONTO	Onto Innovation Inc.	486,692 (-31.1%)	$184M (+27.2%)	4.2%	$81.05	—	COMMON-STOCK	683344105
EXPO	Exponent Inc	1,405,173 (-21.7%)	$82.57M (-29.5%)	1.9%	$86.71	—	COMMON-STOCK	30214U102
OLLI	Ollies Bargain Outlet Holdings Inc.	770,724 (-20.1%)	$59.25M (-33.2%)	1.4%	$62.71	—	COMMON-STOCK	681116109
SITE	Siteone Landscape Supply Inc	481,402 (-23.3%)	$55.08M (-34.0%)	1.3%	$148.03	—	COMMON-STOCK	82982L103
BCPC	Balchem Corp	683,102 (-19.3%)	$115M (-19.6%)	2.6%	$98.85	—	COMMON-STOCK	057665200
DGII	Digi International Inc.	1,384,342 (-14.1%)	$104M (+33.5%)	2.4%	$31.04	—	COMMON-STOCK	253798102
LMAT	Lemaitre Vascular Inc.	589,064 (-21.9%)	$56.53M (-31.3%)	1.3%	$33.15	—	COMMON-STOCK	525558201
ROAD	Construction Partners Inc.	1,243,976 (-20.3%)	$148M (-14.8%)	3.4%	$55.33	—	COMMON-STOCK	21044C107
TYL	Tyler Technologies Inc.	208,227 (-16.0%)	$60.9M (-28.2%)	1.4%	$190.51	—	COMMON-STOCK	902252105
KNSL	Kinsale Capital Group Inc	229,104 (-20.4%)	$75.56M (-23.2%)	1.7%	$405.44	—	COMMON-STOCK	49714P108
BFAM	Bright Horizons Family Solutions Inc Del	603,358 (-23.9%)	$42.77M (-34.3%)	1.0%	$111.40	—	COMMON-STOCK	109194100
DSGX	Descartes Systems Group Inc.	1,067,938 (-19.6%)	$73.94M (-22.2%)	1.7%	$50.33	—	COMMON-STOCK	249906108
MTSI	MACOM Technology Solutions Holdings Inc.	252,722 (-26.5%)	$96.13M (+25.9%)	2.2%	$125.68	—	COMMON-STOCK	55405Y100
ESE	ESCO Technologies Inc.	449,149 (-28.3%)	$157M (-10.8%)	3.6%	$92.99	—	COMMON-STOCK	296315104
RBC	RBC Bearings Inc	296,316 (-22.6%)	$191M (-8.2%)	4.4%	$274.70	—	COMMON-STOCK	75524B104
OPCH	Option Care Health Inc	1,093,941 (-25.8%)	$22.94M (-42.2%)	0.5%	$31.28	—	COMMON-STOCK	68404L201
HLNE	Hamilton Lane Inc	148,795 (-45.8%)	$11.73M (-57.0%)	0.3%	$122.86	—	COMMON-STOCK	407497106
DDOG	Datadog Inc	115,761 (-6.5%)	$30.14M (+106.2%)	0.7%	$130.73	—	COMMON-STOCK	23804L103
JJSF	J&J Snack Foods Corp	242,346 (-41.8%)	$17.8M (-46.1%)	0.4%	$112.67	—	COMMON-STOCK	466032109
FSV	FirstService Corp.	415,689 (-21.2%)	$59.07M (-19.4%)	1.4%	$158.70	—	COMMON-STOCK	33767E202
NOVT	Novanta Inc	758,878 (-18.5%)	$123M (+11.9%)	2.8%	$158.38	—	COMMON-STOCK	67000B104
VERX	Vertex Inc	1,186,812 (-44.4%)	$13.62M (-46.3%)	0.3%	$37.42	—	COMMON-STOCK	92538J106
BLKB	Blackbaud Inc	558,107 (-22.4%)	$16.53M (-40.5%)	0.4%	$76.14	—	COMMON-STOCK	09227Q100
TXRH	Texas Roadhouse Inc	622,962 (-21.8%)	$120M (-8.5%)	2.8%	$66.19	—	COMMON-STOCK	882681109
AXON	Axon Enterprise Inc	91,999 (-4.9%)	$51.58M (+25.6%)	1.2%	$342.71	—	COMMON-STOCK	05464C101
AAON	Aaon Inc	1,200,842 (-30.2%)	$152M (+6.9%)	3.5%	$54.08	—	COMMON-STOCK	000360206
IIIV	I3 Verticals INC	1,190,152 (-23.5%)	$25.42M (-26.9%)	0.6%	$21.30	—	COMMON-STOCK	46571Y107
DCI	Donaldson Co Inc	473,544 (-21.6%)	$42.51M (-17.1%)	1.0%	$41.42	—	COMMON-STOCK	257651109
AGYS	Agilysys Inc	532,995 (-20.7%)	$55.7M (+16.4%)	1.3%	$89.97	—	COMMON-STOCK	00847J105
RGEN	Repligen Corporation	656,093 (-5.4%)	$89.52M (+9.5%)	2.1%	$132.26	—	COMMON-STOCK	759916109
PLUS	Eplus Inc	595,827 (-21.6%)	$49.59M (-13.2%)	1.1%	$48.76	—	COMMON-STOCK	294268107
ALRM	Alarm.com Holdings Inc.	828,409 (-22.6%)	$38.7M (-16.3%)	0.9%	$48.10	—	COMMON-STOCK	011642105
INTU	Intuit Inc	18,913 (-31.1%)	$4.936M (-58.4%)	0.1%	$69.54	—	COMMON-STOCK	461202103
BL	Blackline Inc	389,591 (-18.5%)	$10.94M (-38.2%)	0.3%	$54.60	—	COMMON-STOCK	09239B109
VCEL	Vericel Corporation	1,339,123 (-18.7%)	$59.58M (+12.5%)	1.4%	$46.03	—	COMMON-STOCK	92346J108
TECH	Bio-Techne Corp	1,012,077 (-18.6%)	$71.5M (+10.1%)	1.6%	$70.45	—	COMMON-STOCK	09073M104
CDNS	Cadence Design Systems, Inc.	83,601 (-6.5%)	$31.38M (+26.3%)	0.7%	$190.34	—	COMMON-STOCK	127387108
EPAM	EPAM Systems Inc.	92,539 (-6.1%)	$7.343M (-45.0%)	0.2%	$208.14	—	COMMON-STOCK	29414B104
CSGP	Costar Group Inc	418,102 (-4.4%)	$11.84M (-32.9%)	0.3%	$83.19	—	COMMON-STOCK	22160N109
HQY	Healthequity Inc	1,149,680 (-2.1%)	$104M (+5.8%)	2.4%	$84.09	—	COMMON-STOCK	42226A107
VVV	Valvoline Inc	1,665,139 (-7.0%)	$65.84M (+9.2%)	1.5%	$38.80	—	COMMON-STOCK	92047W101
ICE	Intercontinental Exchange Inc	120,229 (-7.0%)	$14.8M (-27.2%)	0.3%	$132.97	—	COMMON-STOCK	45866F104
AX	Axos Financial Inc	477,009 (-21.6%)	$46.46M (-10.2%)	1.1%	$55.14	—	COMMON-STOCK	05465C100
CPRT	Copart Inc	746,225 (-5.1%)	$21.04M (-19.4%)	0.5%	$33.28	—	COMMON-STOCK	217204106
PLMR	Palomar Holdings Inc	168,074 (-21.7%)	$21.24M (-17.2%)	0.5%	$85.64	—	COMMON-STOCK	69753M105
LMB	Limbach Holdings Inc.	185,528 (-21.4%)	$14.29M (-22.5%)	0.3%	$86.22	—	COMMON-STOCK	53263P105
CWST	Casella Waste Systems, Inc.	911,153 (-21.7%)	$88.35M (-4.3%)	2.0%	$87.97	—	COMMON-STOCK	147448104
WSC	WillScot Holdings Corporation	494,016 (-20.1%)	$14.26M (+32.8%)	0.3%	$36.01	—	COMMON-STOCK	971378104
WMS	Advanced Drainage System Inc	245,893 (-3.9%)	$38.6M (+10.0%)	0.9%	$154.64	—	COMMON-STOCK	00790R104
WDFC	WD-40 Co.	222,836 (-21.1%)	$54.29M (-5.7%)	1.2%	$190.43	—	COMMON-STOCK	929236107
BR	Broadridge Financial Solutions Inc.	81,346 (-6.6%)	$11.14M (-21.3%)	0.3%	$194.46	—	COMMON-STOCK	11133T103
IDXX	IDEXX Laboratories Inc.	40,242 (-6.4%)	$21.18M (-12.3%)	0.5%	$508.08	—	COMMON-STOCK	45168D104
SPXC	SPX Technologies, Inc.	304,729 (-21.5%)	$74.71M (-3.8%)	1.7%	$143.56	—	COMMON-STOCK	78473E103
BURL	Burlington Stores Inc.	127,657 (-3.9%)	$40.44M (-6.5%)	0.9%	$226.65	—	COMMON-STOCK	122017106
CSW	CSW Industrials Inc.	52,743 (-21.2%)	$14.68M (-15.9%)	0.3%	$305.19	—	COMMON-STOCK	126402106
ORLY	O'Reilly Automotive Inc.	384,205 (-6.9%)	$35.38M (-7.1%)	0.8%	$89.69	—	COMMON-STOCK	67103H107
HUBS	Hubspot Inc	35,686 (-3.8%)	$6.513M (-28.1%)	0.1%	$388.98	—	COMMON-STOCK	443573100
BLFS	Biolife Solutions Inc.	582,141 (-21.3%)	$16.44M (+16.5%)	0.4%	$19.58	—	COMMON-STOCK	09062W204
BSY	Bentley Systems Incorporated	314,630 (-5.6%)	$9.404M (-19.7%)	0.2%	$42.54	—	COMMON-STOCK	08265T208
STE	Steris PLC	103,634 (-5.0%)	$21.82M (-9.5%)	0.5%	$178.61	—	COMMON-STOCK	G8473T100
TREX	Trex Company, Inc.	588,319 (-21.5%)	$29.44M (+7.8%)	0.7%	$85.31	—	COMMON-STOCK	89531P105
DORM	Dorman Products Inc.	447,159 (-20.8%)	$61.01M (+3.6%)	1.4%	$89.24	—	COMMON-STOCK	258278100
WSO	Watsco Inc	57,428 (-4.4%)	$23.93M (+9.5%)	0.5%	$246.17	—	COMMON-STOCK	942622200
VBK	Vanguard Index Funds	3,697 (-67.4%)	$1.352M (-60.6%)	0.0%	$302.16	—	ETF	922908595
APH	Amphenol Corporation	225,087 (-24.5%)	$39.69M (+5.4%)	0.9%	$38.64	—	COMMON-STOCK	032095101
VRSK	Verisk Analytics, Inc.	104,832 (-4.5%)	$18.82M (-9.7%)	0.4%	$243.66	—	COMMON-STOCK	92345Y106
UFPT	UFP Technologies Inc.	103,038 (-21.4%)	$27.32M (+7.6%)	0.6%	$194.91	—	COMMON-STOCK	902673102
TRMB	Trimble Inc	88,330 (-6.8%)	$4.521M (-26.9%)	0.1%	$29.25	—	COMMON-STOCK	896239100
KEYS	Keysight Technologies, Inc.	202,970 (-17.4%)	$71.05M (+2.4%)	1.6%	$150.25	—	COMMON-STOCK	49338L103
MPWR	Monolithic Power Systems Inc.	32,563 (-18.1%)	$45.01M (+3.6%)	1.0%	$550.43	—	COMMON-STOCK	609839105
GNRC	Generac Holdings Inc.	17,863 (-6.5%)	$5.23M (+40.1%)	0.1%	$290.60	—	COMMON-STOCK	368736104
MKTX	MarketAxess Holdings Inc.	27,092 (-1.6%)	$3.075M (-32.3%)	0.1%	$203.96	—	COMMON-STOCK	57060D108
ROP	Roper Technologies Inc	28,038 (-6.6%)	$9.488M (-10.7%)	0.2%	$181.80	—	COMMON-STOCK	776696106
IT	Gartner Inc.	27,037 (-6.3%)	$3.505M (-23.3%)	0.1%	$84.14	—	COMMON-STOCK	366651107
TJX	The TJX Companies Inc.	12,866 (-24.1%)	$1.949M (-28.0%)	0.0%	$39.05	—	COMMON-STOCK	872540109
SSNC	SS&C Technologies Holdings Inc.	72,621 (-4.6%)	$4.506M (-12.4%)	0.1%	$62.57	—	COMMON-STOCK	78467J100
ODFL	Old Dominion Freight Line Inc.	73,621 (-6.4%)	$15.95M (+3.8%)	0.4%	$194.16	—	COMMON-STOCK	679580100
WMT	Walmart Inc	17,032 (-12.7%)	$1.929M (-20.5%)	0.0%	$51.81	—	COMMON-STOCK	931142103
CRL	Charles River Laboratories International, Inc.	11,174 (-6.4%)	$2.534M (+23.0%)	0.1%	$303.76	—	COMMON-STOCK	159864107
CHD	Church & Dwight Co Inc.	290,037 (-5.2%)	$28.1M (-1.5%)	0.6%	$52.45	—	COMMON-STOCK	171340102
COO	The Cooper Companies, Inc.	88,579 (-6.7%)	$6.352M (-6.4%)	0.1%	$96.05	—	COMMON-STOCK	216648501
COST	Costco Wholesale Corporation	1,931 (-13.5%)	$1.806M (-18.8%)	0.0%	$773.82	—	COMMON-STOCK	22160K105
POOL	Pool Corporation	91,687 (-3.9%)	$19.7M (+2.1%)	0.5%	$345.09	—	COMMON-STOCK	73278L105
ALGN	Align Technology Inc.	26,139 (-6.5%)	$4.409M (-8.0%)	0.1%	$136.52	—	COMMON-STOCK	016255101
MRVL	Marvell Technology Inc	7,540 (-71.2%)	$2.246M (-13.4%)	0.1%	$52.31	—	COMMON-STOCK	573874104
RJF	Raymond James Financial Inc.	92,250 (-7.0%)	$14.02M (-2.3%)	0.3%	$58.85	—	COMMON-STOCK	754730109
LOW	Lowes Companies, Inc.	5,628 (-12.3%)	$1.241M (-18.1%)	0.0%	$104.18	—	COMMON-STOCK	548661107
TMO	Thermo Fisher Scientific Inc	3,553 (-14.3%)	$1.781M (-12.6%)	0.0%	$342.84	—	COMMON-STOCK	883556102
FRPT	Freshpet Inc	63,653 (-6.6%)	$3.763M (-6.3%)	0.1%	$122.32	—	COMMON-STOCK	358039105
MSFT	Microsoft Corp.	4,573 (-13.1%)	$1.706M (-12.4%)	0.0%	$157.91	—	COMMON-STOCK	594918104
GOOGL	Alphabet Inc.	7,924 (-12.9%)	$2.832M (+8.2%)	0.1%	$167.35	—	COMMON-STOCK	02079K305
VLTO	Veralto Corp.	7,908 (-14.3%)	$701K (-14.0%)	0.0%	$98.67	—	COMMON-STOCK	92338C103
DXCM	DexCom Inc	131,083 (-5.6%)	$8.828M (+1.2%)	0.2%	$111.07	—	COMMON-STOCK	252131107
DHR	Danaher Corporation	3,069 (-13.5%)	$585K (-13.1%)	0.0%	$45.58	—	COMMON-STOCK	235851102
VEEV	Veeva Systems Inc	31,750 (-2.3%)	$5.635M (-1.3%)	0.1%	$272.61	—	COMMON-STOCK	922475108
CBZ	CBIZ Inc.	294,044 (-16.7%)	$9.433M (-0.5%)	0.2%	$73.31	—	COMMON-STOCK	124805102
EW	Edwards Lifesciences Corporation	18,377 (-13.5%)	$1.662M (-2.3%)	0.0%	$86.30	—	COMMON-STOCK	28176E108
IWP	ISHARES TR	20,221 (-13.4%)	$2.961M (-1.1%)	0.1%	$132.23	—	ETF	464287481
V	Visa Inc	5,256 (-12.8%)	$1.803M (-1.0%)	0.0%	$270.83	—	COMMON-STOCK	92826C839

Unchanged Positions (5)

ROL Rollins Inc 0.8%

Value $36.95M Shares 885,281 Est. Cost $46.03 Unrealized —

RYAN Ryan Specialty Holdings Inc 0.5%

Value $20.52M Shares 543,415 Est. Cost $54.65 Unrealized —

FICO Fair Isaac Corporation 0.2%

Value $9.378M Shares 7,849 Est. Cost $791.77 Unrealized —

ISRG Intuitive Surgical Inc. 0.0%

Value $1.316M Shares 3,310 Est. Cost $418.41 Unrealized —

ECL Ecolab Inc. 0.0%

Value $1.557M Shares 5,589 Est. Cost $102.55 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ROL	Rollins Inc	885,281	$36.95M	0.8%	$46.03	—	COMMON-STOCK	775711104
RYAN	Ryan Specialty Holdings Inc	543,415	$20.52M	0.5%	$54.65	—	COMMON-STOCK	78351F107
FICO	Fair Isaac Corporation	7,849	$9.378M	0.2%	$791.77	—	COMMON-STOCK	303250104
ISRG	Intuitive Surgical Inc.	3,310	$1.316M	0.0%	$418.41	—	COMMON-STOCK	46120E602
ECL	Ecolab Inc.	5,589	$1.557M	0.0%	$102.55	—	COMMON-STOCK	278865100