Nippon Life Global Investors Americas, Inc. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPOT	SPOTIFY TECHNOLOGY S A	41,990	$24,384	1.0%	$625.13	0.0%	SHS	L8681T102
IOT	SAMSARA INC	531,310	$18,835	0.8%	$38.70	0.0%	COM CL A	79589L106
FCX	FREEPORT-MCMORAN INC	149,080	$7,572	0.3%	$43.31	0.0%	CL B	35671D857
BIIB	BIOGEN INC	26,490	$4,662	0.2%	$163.37	0.0%	COM	09062X103
WING	WINGSTOP INC	17,200	$4,102	0.2%	$247.68	0.0%	COM	974155103
OPCH	OPTION CARE HEALTH INC	112,890	$3,597	0.1%	$29.35	0.0%	COM NEW	68404L201
XYL	XYLEM INC	10,750	$1,464	0.1%	$143.58	0.0%	COM	98419M100
NEE	NEXTERA ENERGY INC	11,410	$916	0.0%	$82.50	0.0%	COM	65339F101
MS	MORGAN STANLEY	4,080	$724	0.0%	$166.47	0.0%	COM NEW	617446448
EHC	ENCOMPASS HEALTH CORP	2,860	$304	0.0%	$115.70	0.0%	COM	29261A100

Increased Positions (41)

GOOG ALPHABET INC 6.1%

Value ($000) $146,171 (+237.9%) Shares 465,810 (+162.3%) Est. Cost $221.07 Unrealized +29.5%

NFLX NETFLIX INC 0.7%

Value ($000) $15,980 (-71.3%) Shares 170,430 (+267.4%) Est. Cost $91.29 Unrealized +18.1%

LLY ELI LILLY & CO 3.4%

Value ($000) $81,740 (+42.3%) Shares 76,060 (+1.0%) Est. Cost $435.15 Unrealized +119.6%

SNOW SNOWFLAKE INC 1.0%

Value ($000) $24,566 (+1020.5%) Shares 111,990 (+1052.2%) Est. Cost $241.54 Unrealized +1.1%

CAT CATERPILLAR INC 1.6%

Value ($000) $38,531 (+90.2%) Shares 67,260 (+58.4%) Est. Cost $473.36 Unrealized +17.4%

ULTA ULTA BEAUTY INC 0.8%

Value ($000) $18,271 (+2357.2%) Shares 30,200 (+2120.6%) Est. Cost $543.63 Unrealized +1.1%

NOW SERVICENOW INC 1.7%

Value ($000) $40,703 (-29.5%) Shares 265,700 (+323.3%) Est. Cost $156.59 Unrealized +9.5%

CEG CONSTELLATION ENERGY CORP 1.2%

Value ($000) $29,643 (+111.6%) Shares 83,910 (+97.1%) Est. Cost $300.90 Unrealized +20.7%

AVGO BROADCOM INC 4.7%

Value ($000) $114,594 (+14.5%) Shares 331,100 (+9.1%) Est. Cost $238.75 Unrealized +49.5%

LIN LINDE PLC 1.1%

Value ($000) $27,400 (+107.6%) Shares 64,260 (+131.2%) Est. Cost $411.21 Unrealized +3.9%

R RYDER SYS INC 1.1%

Value ($000) $26,906 (+99.0%) Shares 140,580 (+96.1%) Est. Cost $180.04 Unrealized -0.2%

AAPL APPLE INC 4.0%

Value ($000) $95,945 (+10.8%) Shares 352,920 (+3.8%) Est. Cost $107.59 Unrealized +149.4%

GEHC GE HEALTHCARE TECHNOLOGIES I 1.7%

Value ($000) $41,028 (+28.0%) Shares 500,220 (+17.2%) Est. Cost $71.02 Unrealized +9.7%

AMZN AMAZON COM INC 5.2%

Value ($000) $126,436 (+7.4%) Shares 547,770 (+2.1%) Est. Cost $135.67 Unrealized +68.6%

NVDA NVIDIA CORPORATION 9.1%

Value ($000) $219,863 (+3.6%) Shares 1,178,890 (+3.6%) Est. Cost $97.88 Unrealized +90.2%

IQV IQVIA HLDGS INC 0.7%

Value ($000) $17,898 (+62.1%) Shares 79,400 (+36.6%) Est. Cost $204.56 Unrealized +6.4%

APH AMPHENOL CORP NEW 2.3%

Value ($000) $55,314 (+13.0%) Shares 408,630 (+3.4%) Est. Cost $87.75 Unrealized +52.2%

WMT WALMART INC 1.8%

Value ($000) $42,382 (+14.2%) Shares 379,690 (+5.5%) Est. Cost $72.16 Unrealized +48.5%

AER AERCAP HOLDINGS NV 1.1%

Value ($000) $27,232 (+23.8%) Shares 189,430 (+4.2%) Est. Cost $117.26 Unrealized +13.0%

BAC BANK AMERICA CORP 2.0%

Value ($000) $48,363 (+10.8%) Shares 879,330 (+3.9%) Est. Cost $47.54 Unrealized +10.8%

SPGI S&P GLOBAL INC 0.5%

Value ($000) $11,774 (+48.8%) Shares 22,530 (+38.6%) Est. Cost $521.29 Unrealized -5.2%

TJX TJX COS INC NEW 1.2%

Value ($000) $29,616 (+13.8%) Shares 192,800 (+7.1%) Est. Cost $107.49 Unrealized +37.4%

MPC MARATHON PETE CORP 0.8%

Value ($000) $18,580 (-13.8%) Shares 114,250 (+2.2%) Est. Cost $145.69 Unrealized +27.9%

PLNT PLANET FITNESS INC 0.1%

Value ($000) $3,514 (+537.6%) Shares 32,400 (+510.2%) Est. Cost $102.55 Unrealized +0.4%

CBRE CBRE GROUP INC 1.4%

Value ($000) $33,264 (+7.8%) Shares 206,880 (+5.7%) Est. Cost $123.77 Unrealized +27.0%

MDLZ MONDELEZ INTL INC 0.4%

Value ($000) $9,237 (+27.3%) Shares 170,170 (+47.5%) Est. Cost $61.66 Unrealized -7.5%

CVS CVS HEALTH CORP 0.3%

Value ($000) $8,059 (+19.8%) Shares 101,550 (+13.8%) Est. Cost $66.54 Unrealized +18.2%

AON AON PLC 1.4%

Value ($000) $34,925 (+3.4%) Shares 98,970 (+4.5%) Est. Cost $353.02 Unrealized -1.1%

ICE INTERCONTINENTAL EXCHANGE IN 0.7%

Value ($000) $16,598 (+6.8%) Shares 102,480 (+11.1%) Est. Cost $152.38 Unrealized +2.5%

HD HOME DEPOT INC 0.3%

Value ($000) $6,645 (-11.5%) Shares 19,310 (+4.3%) Est. Cost $380.29 Unrealized -4.1%

MA MASTERCARD INCORPORATED 1.6%

Value ($000) $39,511 (+1.5%) Shares 69,210 (+1.1%) Est. Cost $537.42 Unrealized +4.0%

ETN EATON CORP PLC 0.1%

Value ($000) $2,679 (+18.1%) Shares 8,410 (+38.8%) Est. Cost $269.37 Unrealized +31.6%

BKNG BOOKING HOLDINGS INC 0.0%

Value ($000) $964 (+37.3%) Shares 180 (+38.5%) Est. Cost $3282.88 Unrealized +56.5%

AME AMETEK INC 0.0%

Value ($000) $735 (+34.4%) Shares 3,580 (+23.0%) Est. Cost $131.45 Unrealized +47.9%

LSCC LATTICE SEMICONDUCTOR CORP 0.0%

Value ($000) $474 (+25.5%) Shares 6,440 (+25.0%) Est. Cost $73.37 Unrealized —

SRE SEMPRA 0.0%

Value ($000) $614 (+14.8%) Shares 6,920 (+16.3%) Est. Cost $75.10 Unrealized +20.6%

COP CONOCOPHILLIPS 0.2%

Value ($000) $3,942 (+2.0%) Shares 42,110 (+3.0%) Est. Cost $103.00 Unrealized -12.6%

TT TRANE TECHNOLOGIES PLC 0.0%

Value ($000) $1,012 (+8.0%) Shares 2,600 (+17.1%) Est. Cost $355.41 Unrealized +16.4%

PGR PROGRESSIVE CORP 0.2%

Value ($000) $5,793 (-1.2%) Shares 25,440 (+7.2%) Est. Cost $232.14 Unrealized -8.5%

CDNS CADENCE DESIGN SYSTEM INC 0.0%

Value ($000) $1,141 (-3.3%) Shares 3,650 (+8.6%) Est. Cost $268.18 Unrealized +21.7%

LNG CHENIERE ENERGY INC 0.0%

Value ($000) $317 (-0.1%) Shares 1,630 (+20.7%) Est. Cost $223.71 Unrealized -6.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	465,810 (+162.3%)	$146,171 (+237.9%)	6.1%	$221.07	+29.5%	CAP STK CL C	02079K107
NFLX	NETFLIX INC	170,430 (+267.4%)	$15,980 (-71.3%)	0.7%	$91.29	+18.1%	COM	64110L106
LLY	ELI LILLY & CO	76,060 (+1.0%)	$81,740 (+42.3%)	3.4%	$435.15	+119.6%	COM	532457108
SNOW	SNOWFLAKE INC	111,990 (+1052.2%)	$24,566 (+1020.5%)	1.0%	$241.54	+1.1%	COM SHS	833445109
CAT	CATERPILLAR INC	67,260 (+58.4%)	$38,531 (+90.2%)	1.6%	$473.36	+17.4%	COM	149123101
ULTA	ULTA BEAUTY INC	30,200 (+2120.6%)	$18,271 (+2357.2%)	0.8%	$543.63	+1.1%	COM	90384S303
NOW	SERVICENOW INC	265,700 (+323.3%)	$40,703 (-29.5%)	1.7%	$156.59	+9.5%	COM	81762P102
CEG	CONSTELLATION ENERGY CORP	83,910 (+97.1%)	$29,643 (+111.6%)	1.2%	$300.90	+20.7%	COM	21037T109
AVGO	BROADCOM INC	331,100 (+9.1%)	$114,594 (+14.5%)	4.7%	$238.75	+49.5%	COM	11135F101
LIN	LINDE PLC	64,260 (+131.2%)	$27,400 (+107.6%)	1.1%	$411.21	+3.9%	SHS	G54950103
R	RYDER SYS INC	140,580 (+96.1%)	$26,906 (+99.0%)	1.1%	$180.04	-0.2%	COM	783549108
AAPL	APPLE INC	352,920 (+3.8%)	$95,945 (+10.8%)	4.0%	$107.59	+149.4%	COM	037833100
GEHC	GE HEALTHCARE TECHNOLOGIES I	500,220 (+17.2%)	$41,028 (+28.0%)	1.7%	$71.02	+9.7%	COMMON STOCK	36266G107
AMZN	AMAZON COM INC	547,770 (+2.1%)	$126,436 (+7.4%)	5.2%	$135.67	+68.6%	COM	023135106
NVDA	NVIDIA CORPORATION	1,178,890 (+3.6%)	$219,863 (+3.6%)	9.1%	$97.88	+90.2%	COM	67066G104
IQV	IQVIA HLDGS INC	79,400 (+36.6%)	$17,898 (+62.1%)	0.7%	$204.56	+6.4%	COM	46266C105
APH	AMPHENOL CORP NEW	408,630 (+3.4%)	$55,314 (+13.0%)	2.3%	$87.75	+52.2%	CL A	032095101
WMT	WALMART INC	379,690 (+5.5%)	$42,382 (+14.2%)	1.8%	$72.16	+48.5%	COM	931142103
AER	AERCAP HOLDINGS NV	189,430 (+4.2%)	$27,232 (+23.8%)	1.1%	$117.26	+13.0%	SHS	N00985106
BAC	BANK AMERICA CORP	879,330 (+3.9%)	$48,363 (+10.8%)	2.0%	$47.54	+10.8%	COM	060505104
SPGI	S&P GLOBAL INC	22,530 (+38.6%)	$11,774 (+48.8%)	0.5%	$521.29	-5.2%	COM	78409V104
TJX	TJX COS INC NEW	192,800 (+7.1%)	$29,616 (+13.8%)	1.2%	$107.49	+37.4%	COM	872540109
MPC	MARATHON PETE CORP	114,250 (+2.2%)	$18,580 (-13.8%)	0.8%	$145.69	+27.9%	COM	56585A102
PLNT	PLANET FITNESS INC	32,400 (+510.2%)	$3,514 (+537.6%)	0.1%	$102.55	+0.4%	CL A	72703H101
CBRE	CBRE GROUP INC	206,880 (+5.7%)	$33,264 (+7.8%)	1.4%	$123.77	+27.0%	CL A	12504L109
MDLZ	MONDELEZ INTL INC	170,170 (+47.5%)	$9,237 (+27.3%)	0.4%	$61.66	-7.5%	CL A	609207105
CVS	CVS HEALTH CORP	101,550 (+13.8%)	$8,059 (+19.8%)	0.3%	$66.54	+18.2%	COM	126650100
AON	AON PLC	98,970 (+4.5%)	$34,925 (+3.4%)	1.4%	$353.02	-1.1%	SHS CL A	G0403H108
ICE	INTERCONTINENTAL EXCHANGE IN	102,480 (+11.1%)	$16,598 (+6.8%)	0.7%	$152.38	+2.5%	COM	45866F104
HD	HOME DEPOT INC	19,310 (+4.3%)	$6,645 (-11.5%)	0.3%	$380.29	-4.1%	COM	437076102
MA	MASTERCARD INCORPORATED	69,210 (+1.1%)	$39,511 (+1.5%)	1.6%	$537.42	+4.0%	CL A	57636Q104
ETN	EATON CORP PLC	8,410 (+38.8%)	$2,679 (+18.1%)	0.1%	$269.37	+31.6%	SHS	G29183103
BKNG	BOOKING HOLDINGS INC	180 (+38.5%)	$964 (+37.3%)	0.0%	$3282.88	+56.5%	COM	09857L108
AME	AMETEK INC	3,580 (+23.0%)	$735 (+34.4%)	0.0%	$131.45	+47.9%	COM	031100100
LSCC	LATTICE SEMICONDUCTOR CORP	6,440 (+25.0%)	$474 (+25.5%)	0.0%	$73.37	—	COM	518415104
SRE	SEMPRA	6,920 (+16.3%)	$614 (+14.8%)	0.0%	$75.10	+20.6%	COM	816851109
COP	CONOCOPHILLIPS	42,110 (+3.0%)	$3,942 (+2.0%)	0.2%	$103.00	-12.6%	COM	20825C104
TT	TRANE TECHNOLOGIES PLC	2,600 (+17.1%)	$1,012 (+8.0%)	0.0%	$355.41	+16.4%	SHS	G8994E103
PGR	PROGRESSIVE CORP	25,440 (+7.2%)	$5,793 (-1.2%)	0.2%	$232.14	-8.5%	COM	743315103
CDNS	CADENCE DESIGN SYSTEM INC	3,650 (+8.6%)	$1,141 (-3.3%)	0.0%	$268.18	+21.7%	COM	127387108
LNG	CHENIERE ENERGY INC	1,630 (+20.7%)	$317 (-0.1%)	0.0%	$223.71	-6.1%	COM NEW	16411R208

Exited Positions (12)

FMC FMC CORP 0.9%

Value ($000) $21,100 Shares 617,830 Est. Cost $38.30 Unrealized -50.5%

PCG PG&E CORP 0.5%

Value ($000) $13,158 Shares 871,260 Est. Cost $14.52 Unrealized +9.7%

BRBR BELLRING BRANDS INC 0.3%

Value ($000) $7,801 Shares 214,620 Est. Cost $45.18 Unrealized -31.3%

ZTS ZOETIS INC 0.2%

Value ($000) $4,436 Shares 30,320 Est. Cost $167.19 Unrealized -22.1%

EW EDWARDS LIFESCIENCES CORP 0.2%

Value ($000) $4,032 Shares 51,840 Est. Cost $72.48 Unrealized +13.2%

PTC PTC INC 0.1%

Value ($000) $1,742 Shares 8,580 Est. Cost $159.24 Unrealized +16.7%

EQIX EQUINIX INC 0.1%

Value ($000) $1,363 Shares 1,740 Est. Cost $746.64 Unrealized +4.6%

AMT AMERICAN TOWER CORP NEW 0.1%

Value ($000) $1,361 Shares 7,020 Est. Cost $190.33 Unrealized -5.3%

T AT&T INC 0.1%

Value ($000) $1,258 Shares 44,560 Est. Cost $26.96 Unrealized -6.2%

BURL BURLINGTON STORES INC 0.0%

Value ($000) $700 Shares 2,750 Est. Cost $259.07 Unrealized +4.7%

NI NISOURCE INC 0.0%

Value ($000) $596 Shares 13,760 Est. Cost $41.04 Unrealized +3.9%

TMUS T-MOBILE US INC 0.0%

Value ($000) $397 Shares 1,660 Est. Cost $241.48 Unrealized -12.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FMC	FMC CORP	617,830	$21,100	0.9%	$38.30	-50.5%	—	302491303
PCG	PG&E CORP	871,260	$13,158	0.5%	$14.52	+9.7%	—	69331C108
BRBR	BELLRING BRANDS INC	214,620	$7,801	0.3%	$45.18	-31.3%	—	07831C103
ZTS	ZOETIS INC	30,320	$4,436	0.2%	$167.19	-22.1%	—	98978V103
EW	EDWARDS LIFESCIENCES CORP	51,840	$4,032	0.2%	$72.48	+13.2%	—	28176E108
PTC	PTC INC	8,580	$1,742	0.1%	$159.24	+16.7%	—	69370C100
EQIX	EQUINIX INC	1,740	$1,363	0.1%	$746.64	+4.6%	—	29444U700
AMT	AMERICAN TOWER CORP NEW	7,020	$1,361	0.1%	$190.33	-5.3%	—	03027X100
T	AT&T INC	44,560	$1,258	0.1%	$26.96	-6.2%	—	00206R102
BURL	BURLINGTON STORES INC	2,750	$700	0.0%	$259.07	+4.7%	—	122017106
NI	NISOURCE INC	13,760	$596	0.0%	$41.04	+3.9%	—	65473P105
TMUS	T-MOBILE US INC	1,660	$397	0.0%	$241.48	-12.5%	—	872590104

Decreased Positions (45)

META META PLATFORMS INC 2.4%

Value ($000) $57,830 (-43.6%) Shares 87,610 (-37.3%) Est. Cost $534.61 Unrealized +24.8%

RCL ROYAL CARIBBEAN GROUP 0.1%

Value ($000) $3,468 (-91.2%) Shares 12,390 (-89.8%) Est. Cost $100.12 Unrealized +181.2%

DIS DISNEY WALT CO 0.3%

Value ($000) $7,252 (-81.4%) Shares 63,390 (-81.4%) Est. Cost $103.57 Unrealized +5.8%

DOCU DOCUSIGN INC 0.3%

Value ($000) $6,265 (-82.9%) Shares 91,590 (-82.0%) Est. Cost $79.56 Unrealized -13.1%

FFIV F5 INC 0.0%

Value ($000) $1,013 (-94.4%) Shares 3,970 (-92.9%) Est. Cost $305.40 Unrealized -11.9%

RSG REPUBLIC SVCS INC 0.1%

Value ($000) $2,174 (-85.5%) Shares 10,260 (-84.3%) Est. Cost $138.45 Unrealized +55.0%

MMM 3M CO 2.4%

Value ($000) $58,246 (-16.2%) Shares 363,810 (-18.8%) Est. Cost $124.33 Unrealized +31.2%

VST VISTRA CORP 0.7%

Value ($000) $16,257 (-35.7%) Shares 100,770 (-22.0%) Est. Cost $122.21 Unrealized +48.9%

IRM IRON MTN INC DEL 0.4%

Value ($000) $9,066 (-41.7%) Shares 108,430 (-28.4%) Est. Cost $87.41 Unrealized +6.1%

LRCX LAM RESEARCH CORP 1.6%

Value ($000) $37,621 (+19.2%) Shares 219,470 (-6.7%) Est. Cost $76.38 Unrealized +103.4%

MDT MEDTRONIC PLC 2.0%

Value ($000) $47,797 (-9.9%) Shares 493,920 (-10.7%) Est. Cost $85.78 Unrealized +13.2%

TSLA TESLA INC 1.5%

Value ($000) $35,263 (-12.5%) Shares 78,410 (-13.4%) Est. Cost $279.06 Unrealized +58.9%

BA BOEING CO 1.5%

Value ($000) $36,103 (-11.6%) Shares 166,280 (-12.2%) Est. Cost $194.51 Unrealized +5.7%

JPM JPMORGAN CHASE & CO. 0.6%

Value ($000) $13,920 (-22.1%) Shares 43,200 (-23.7%) Est. Cost $115.09 Unrealized +168.9%

AXP AMERICAN EXPRESS CO 0.6%

Value ($000) $14,609 (-20.2%) Shares 39,490 (-28.3%) Est. Cost $167.99 Unrealized +112.5%

AZO AUTOZONE INC 0.3%

Value ($000) $6,342 (-36.0%) Shares 1,870 (-19.0%) Est. Cost $2099.50 Unrealized +79.9%

MGNI MAGNITE INC 0.0%

Value ($000) $522 (-80.1%) Shares 32,180 (-73.3%) Est. Cost $23.61 Unrealized -29.7%

MAR MARRIOTT INTL INC NEW 0.4%

Value ($000) $10,809 (+14.1%) Shares 34,840 (-4.2%) Est. Cost $141.80 Unrealized +101.2%

DXCM DEXCOM INC 0.2%

Value ($000) $4,332 (-15.6%) Shares 65,270 (-14.4%) Est. Cost $78.50 Unrealized -17.6%

AIZ ASSURANT INC 0.0%

Value ($000) $636 (-50.7%) Shares 2,640 (-55.6%) Est. Cost $136.82 Unrealized +62.9%

ROL ROLLINS INC 0.1%

Value ($000) $3,275 (-16.5%) Shares 54,570 (-18.3%) Est. Cost $55.87 Unrealized +5.0%

ECL ECOLAB INC 0.2%

Value ($000) $5,116 (-10.9%) Shares 19,440 (-7.1%) Est. Cost $240.55 Unrealized +10.5%

FLS FLOWSERVE CORP 0.3%

Value ($000) $8,147 (-7.0%) Shares 117,110 (-28.7%) Est. Cost $37.81 Unrealized +69.5%

NKE NIKE INC 0.1%

Value ($000) $2,992 (-16.4%) Shares 46,660 (-8.5%) Est. Cost $73.79 Unrealized -12.0%

AMP AMERIPRISE FINL INC 0.4%

Value ($000) $9,841 (-5.6%) Shares 20,070 (-5.4%) Est. Cost $196.56 Unrealized +141.1%

V VISA INC 0.1%

Value ($000) $1,252 (-30.8%) Shares 3,570 (-32.6%) Est. Cost $161.19 Unrealized +111.2%

ABBV ABBVIE INC 0.4%

Value ($000) $10,568 (-4.9%) Shares 46,250 (-3.6%) Est. Cost $113.58 Unrealized +100.3%

CVX CHEVRON CORP NEW 0.2%

Value ($000) $5,400 (-8.5%) Shares 35,430 (-6.8%) Est. Cost $150.48 Unrealized +0.6%

GGG GRACO INC 0.1%

Value ($000) $1,530 (-24.6%) Shares 18,660 (-21.9%) Est. Cost $78.67 Unrealized +4.2%

OTIS OTIS WORLDWIDE CORP 0.1%

Value ($000) $1,265 (-28.0%) Shares 14,480 (-24.6%) Est. Cost $73.73 Unrealized +21.1%

TPR TAPESTRY INC 0.3%

Value ($000) $6,414 (+7.0%) Shares 50,200 (-5.2%) Est. Cost $100.85 Unrealized +13.1%

AMD ADVANCED MICRO DEVICES INC 0.1%

Value ($000) $2,157 (+20.1%) Shares 10,070 (-9.3%) Est. Cost $119.28 Unrealized +88.3%

SHW SHERWIN WILLIAMS CO 0.0%

Value ($000) $716 (-26.9%) Shares 2,210 (-21.9%) Est. Cost $307.16 Unrealized +8.8%

ORLY OREILLY AUTOMOTIVE INC 0.0%

Value ($000) $597 (-27.9%) Shares 6,550 (-14.8%) Est. Cost $88.49 Unrealized +10.4%

CAH CARDINAL HEALTH INC 1.1%

Value ($000) $27,539 (-0.8%) Shares 134,010 (-24.2%) Est. Cost $101.21 Unrealized +85.5%

CHD CHURCH & DWIGHT CO INC 0.0%

Value ($000) $685 (-23.4%) Shares 8,170 (-19.9%) Est. Cost $95.71 Unrealized -10.9%

XOM EXXON MOBIL CORP 0.0%

Value ($000) $555 (-27.1%) Shares 4,610 (-31.7%) Est. Cost $107.72 Unrealized +7.2%

EXAS EXACT SCIENCES CORP 0.2%

Value ($000) $4,970 (+3.8%) Shares 48,940 (-44.1%) Est. Cost $50.80 Unrealized +58.1%

CTAS CINTAS CORP 0.1%

Value ($000) $1,392 (-11.0%) Shares 7,400 (-2.9%) Est. Cost $163.99 Unrealized +14.7%

PG PROCTER AND GAMBLE CO 0.1%

Value ($000) $1,308 (-11.3%) Shares 9,130 (-4.9%) Est. Cost $143.43 Unrealized +2.6%

VRTX VERTEX PHARMACEUTICALS INC 0.0%

Value ($000) $1,020 (-8.0%) Shares 2,250 (-20.5%) Est. Cost $417.92 Unrealized +3.1%

TMO THERMO FISHER SCIENTIFIC INC 0.1%

Value ($000) $1,879 (+4.9%) Shares 3,240 (-12.2%) Est. Cost $555.11 Unrealized +1.8%

APO APOLLO GLOBAL MGMT INC 0.5%

Value ($000) $11,959 (+0.5%) Shares 82,610 (-7.5%) Est. Cost $135.61 Unrealized -2.2%

TRGP TARGA RES CORP 0.1%

Value ($000) $2,727 (-2.2%) Shares 14,780 (-11.2%) Est. Cost $188.35 Unrealized -10.8%

MRVL MARVELL TECHNOLOGY INC 0.0%

Value ($000) $1,099 (-3.9%) Shares 12,930 (-4.9%) Est. Cost $55.83 Unrealized +56.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
META	META PLATFORMS INC	87,610 (-37.3%)	$57,830 (-43.6%)	2.4%	$534.61	+24.8%	CL A	30303M102
RCL	ROYAL CARIBBEAN GROUP	12,390 (-89.8%)	$3,468 (-91.2%)	0.1%	$100.12	+181.2%	COM	V7780T103
DIS	DISNEY WALT CO	63,390 (-81.4%)	$7,252 (-81.4%)	0.3%	$103.57	+5.8%	COM	254687106
DOCU	DOCUSIGN INC	91,590 (-82.0%)	$6,265 (-82.9%)	0.3%	$79.56	-13.1%	COM	256163106
FFIV	F5 INC	3,970 (-92.9%)	$1,013 (-94.4%)	0.0%	$305.40	-11.9%	COM	315616102
RSG	REPUBLIC SVCS INC	10,260 (-84.3%)	$2,174 (-85.5%)	0.1%	$138.45	+55.0%	COM	760759100
MMM	3M CO	363,810 (-18.8%)	$58,246 (-16.2%)	2.4%	$124.33	+31.2%	COM	88579Y101
VST	VISTRA CORP	100,770 (-22.0%)	$16,257 (-35.7%)	0.7%	$122.21	+48.9%	COM	92840M102
IRM	IRON MTN INC DEL	108,430 (-28.4%)	$9,066 (-41.7%)	0.4%	$87.41	+6.1%	COM	46284V101
LRCX	LAM RESEARCH CORP	219,470 (-6.7%)	$37,621 (+19.2%)	1.6%	$76.38	+103.4%	COM NEW	512807306
MDT	MEDTRONIC PLC	493,920 (-10.7%)	$47,797 (-9.9%)	2.0%	$85.78	+13.2%	SHS	G5960L103
TSLA	TESLA INC	78,410 (-13.4%)	$35,263 (-12.5%)	1.5%	$279.06	+58.9%	COM	88160R101
BA	BOEING CO	166,280 (-12.2%)	$36,103 (-11.6%)	1.5%	$194.51	+5.7%	COM	097023105
JPM	JPMORGAN CHASE & CO.	43,200 (-23.7%)	$13,920 (-22.1%)	0.6%	$115.09	+168.9%	COM	46625H100
AXP	AMERICAN EXPRESS CO	39,490 (-28.3%)	$14,609 (-20.2%)	0.6%	$167.99	+112.5%	COM	025816109
AZO	AUTOZONE INC	1,870 (-19.0%)	$6,342 (-36.0%)	0.3%	$2099.50	+79.9%	COM	053332102
MGNI	MAGNITE INC	32,180 (-73.3%)	$522 (-80.1%)	0.0%	$23.61	-29.7%	COM	55955D100
MAR	MARRIOTT INTL INC NEW	34,840 (-4.2%)	$10,809 (+14.1%)	0.4%	$141.80	+101.2%	CL A	571903202
DXCM	DEXCOM INC	65,270 (-14.4%)	$4,332 (-15.6%)	0.2%	$78.50	-17.6%	COM	252131107
AIZ	ASSURANT INC	2,640 (-55.6%)	$636 (-50.7%)	0.0%	$136.82	+62.9%	COM	04621X108
ROL	ROLLINS INC	54,570 (-18.3%)	$3,275 (-16.5%)	0.1%	$55.87	+5.0%	COM	775711104
ECL	ECOLAB INC	19,440 (-7.1%)	$5,116 (-10.9%)	0.2%	$240.55	+10.5%	COM	278865100
FLS	FLOWSERVE CORP	117,110 (-28.7%)	$8,147 (-7.0%)	0.3%	$37.81	+69.5%	COM	34354P105
NKE	NIKE INC	46,660 (-8.5%)	$2,992 (-16.4%)	0.1%	$73.79	-12.0%	CL B	654106103
AMP	AMERIPRISE FINL INC	20,070 (-5.4%)	$9,841 (-5.6%)	0.4%	$196.56	+141.1%	COM	03076C106
V	VISA INC	3,570 (-32.6%)	$1,252 (-30.8%)	0.1%	$161.19	+111.2%	COM CL A	92826C839
ABBV	ABBVIE INC	46,250 (-3.6%)	$10,568 (-4.9%)	0.4%	$113.58	+100.3%	COM	00287Y109
CVX	CHEVRON CORP NEW	35,430 (-6.8%)	$5,400 (-8.5%)	0.2%	$150.48	+0.6%	COM	166764100
GGG	GRACO INC	18,660 (-21.9%)	$1,530 (-24.6%)	0.1%	$78.67	+4.2%	COM	384109104
OTIS	OTIS WORLDWIDE CORP	14,480 (-24.6%)	$1,265 (-28.0%)	0.1%	$73.73	+21.1%	COM	68902V107
TPR	TAPESTRY INC	50,200 (-5.2%)	$6,414 (+7.0%)	0.3%	$100.85	+13.1%	COM	876030107
AMD	ADVANCED MICRO DEVICES INC	10,070 (-9.3%)	$2,157 (+20.1%)	0.1%	$119.28	+88.3%	COM	007903107
SHW	SHERWIN WILLIAMS CO	2,210 (-21.9%)	$716 (-26.9%)	0.0%	$307.16	+8.8%	COM	824348106
ORLY	OREILLY AUTOMOTIVE INC	6,550 (-14.8%)	$597 (-27.9%)	0.0%	$88.49	+10.4%	COM	67103H107
CAH	CARDINAL HEALTH INC	134,010 (-24.2%)	$27,539 (-0.8%)	1.1%	$101.21	+85.5%	COM	14149Y108
CHD	CHURCH & DWIGHT CO INC	8,170 (-19.9%)	$685 (-23.4%)	0.0%	$95.71	-10.9%	COM	171340102
XOM	EXXON MOBIL CORP	4,610 (-31.7%)	$555 (-27.1%)	0.0%	$107.72	+7.2%	COM	30231G102
EXAS	EXACT SCIENCES CORP	48,940 (-44.1%)	$4,970 (+3.8%)	0.2%	$50.80	+58.1%	COM	30063P105
CTAS	CINTAS CORP	7,400 (-2.9%)	$1,392 (-11.0%)	0.1%	$163.99	+14.7%	COM	172908105
PG	PROCTER AND GAMBLE CO	9,130 (-4.9%)	$1,308 (-11.3%)	0.1%	$143.43	+2.6%	COM	742718109
VRTX	VERTEX PHARMACEUTICALS INC	2,250 (-20.5%)	$1,020 (-8.0%)	0.0%	$417.92	+3.1%	COM	92532F100
TMO	THERMO FISHER SCIENTIFIC INC	3,240 (-12.2%)	$1,879 (+4.9%)	0.1%	$555.11	+1.8%	COM	883556102
APO	APOLLO GLOBAL MGMT INC	82,610 (-7.5%)	$11,959 (+0.5%)	0.5%	$135.61	-2.2%	COM	03769M106
TRGP	TARGA RES CORP	14,780 (-11.2%)	$2,727 (-2.2%)	0.1%	$188.35	-10.8%	COM	87612G101
MRVL	MARVELL TECHNOLOGY INC	12,930 (-4.9%)	$1,099 (-3.9%)	0.0%	$55.83	+56.7%	COM	573874104

Unchanged Positions (8)

MSFT MICROSOFT CORP 7.8%

Value ($000) $187,238 Shares 387,160 Est. Cost $118.15 Unrealized +323.7%

C CITIGROUP INC 3.3%

Value ($000) $80,136 Shares 686,740 Est. Cost $85.69 Unrealized +20.9%

COST COSTCO WHSL CORP NEW 2.3%

Value ($000) $54,922 Shares 63,690 Est. Cost $510.35 Unrealized +77.5%

GS GOLDMAN SACHS GROUP INC 2.0%

Value ($000) $48,257 Shares 54,900 Est. Cost $618.27 Unrealized +31.6%

EQT EQT CORP 0.8%

Value ($000) $19,375 Shares 361,470 Est. Cost $49.63 Unrealized +13.1%

KO COCA COLA CO 0.2%

Value ($000) $3,760 Shares 53,790 Est. Cost $64.97 Unrealized +6.8%

CTRA COTERRA ENERGY INC 0.0%

Value ($000) $569 Shares 21,620 Est. Cost $24.50 Unrealized +2.4%

PSX PHILLIPS 66 0.0%

Value ($000) $610 Shares 4,730 Est. Cost $109.47 Unrealized +22.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	387,160	$187,238	7.8%	$118.15	+323.7%	COM	594918104
C	CITIGROUP INC	686,740	$80,136	3.3%	$85.69	+20.9%	COM NEW	172967424
COST	COSTCO WHSL CORP NEW	63,690	$54,922	2.3%	$510.35	+77.5%	COM	22160K105
GS	GOLDMAN SACHS GROUP INC	54,900	$48,257	2.0%	$618.27	+31.6%	COM	38141G104
EQT	EQT CORP	361,470	$19,375	0.8%	$49.63	+13.1%	COM	26884L109
KO	COCA COLA CO	53,790	$3,760	0.2%	$64.97	+6.8%	COM	191216100
CTRA	COTERRA ENERGY INC	21,620	$569	0.0%	$24.50	+2.4%	COM	127097103
PSX	PHILLIPS 66	4,730	$610	0.0%	$109.47	+22.4%	COM	718546104