Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TECH	BIO TECHNE CORP	3,163,816 (+68.1%)	$224M (+127.2%)	3.9%	$65.99	—	COM	09073M104
HALO	HALOZYME THERAPEUTICS INC	2,396,101 (+3.1%)	$188M (+24.9%)	3.2%	$27.54	—	COM	40637H109
CRL	CHARLES RIVER LABORATORIES	281,756 (+18.5%)	$63.9M (+55.8%)	1.1%	$190.66	—	COM	159864107
VVV	VALVOLINE INC	2,017,556 (+17.2%)	$79.77M (+37.6%)	1.4%	$34.88	—	COM	92047W101
AZTA	AZENTA INC	872,544 (+2528.6%)	$22.27M (+3074.7%)	0.4%	$25.87	—	COM	114340102
INTU	INTUIT INC.	110,707 (+5.0%)	$28.89M (-36.6%)	0.5%	$486.28	—	COM	461202103
BWXT	BWX TECHNOLOGIES INC	1,237,512 (+12.3%)	$241M (+6.9%)	4.2%	$67.11	—	COM	05605H100
ALLE	ALLEGION PLC	370,249 (+46.4%)	$52.02M (+41.6%)	0.9%	$158.29	—	COM	G0176J109
CXT	CRANE NXT CO	747,145 (+27.5%)	$38.22M (+60.7%)	0.7%	$53.44	—	COM	224441105
HSIC	HENRY SCHEIN INC	1,285,225 (+1.3%)	$107M (+14.8%)	1.9%	$70.48	—	COM	806407102
V	VISA INC CL A	183,020 (+4.9%)	$62.79M (+19.1%)	1.1%	$251.54	—	COM	92826C839
CACI	CACI INTERNATIONAL INC CL A	158,457 (+3.7%)	$73.41M (-11.7%)	1.3%	$231.54	—	COM	127190304
WEX	WEX INC.	466,244 (+25.8%)	$65.78M (+16.0%)	1.1%	$160.92	—	COM	96208T104
STE	STERIS PLC	185,811 (+28.7%)	$39.13M (+22.5%)	0.7%	$178.26	—	COM	G8473T100
COLB	COLUMBIA BKG SYS INC.	768,126 (+20.8%)	$24.62M (+41.2%)	0.4%	$26.67	—	COM	197236102
MAA	MID-AMERICA APARTMENT COMMUNIT	218,080 (+15.0%)	$30.3M (+30.8%)	0.5%	$123.02	—	COM	59522J103
CPRT	COPART INC	1,542,385 (+2.2%)	$43.48M (-13.2%)	0.8%	$38.97	—	COM	217204106
FOUR	SHIFT4 PMTS INC CL A	384,250 (+32.4%)	$18.69M (+47.3%)	0.3%	$65.26	—	COM	82452J109
ICE	INTERCONTINENTAL EXCHANGE INC	550,542 (+17.6%)	$67.78M (-7.9%)	1.2%	$148.94	—	COM	45866F104
MA	MASTERCARD INC CL A	116,827 (+4.9%)	$60M (+7.9%)	1.0%	$407.76	—	COM	57636Q104
SSNC	SS&C TECHNOLOGIES HOLDINGS IN	2,415,716 (+6.3%)	$150M (-2.4%)	2.6%	$64.92	—	COM	78467J100
TMO	THERMO FISHER SCIENTIFIC INC	102,432 (+4.9%)	$51.36M (+7.0%)	0.9%	$517.03	—	COM	883556102
CCI	CROWN CASTLE INC.	633,453 (+13.2%)	$47.97M (+5.5%)	0.8%	$95.49	—	COM	22822V101
RTO	RENTOKIL INITIAL PLC SPONSORED	1,821,963 (+6.5%)	$52.13M (-3.2%)	0.9%	$25.61	—	COM	760125104
BCO	BRINKS CO	345,789 (+15.0%)	$32.67M (+4.9%)	0.6%	$77.99	—	COM	109696104

Exited Positions (2)

VRRM VERRA MOBILITY CORP CL A 0.9%

Value $54.59M Shares 3,820,007 Est. Cost $20.88 Unrealized —

DORM DORMAN PRODS INC 0.1%

Value $4.506M Shares 43,177 Est. Cost $66.24 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VRRM	VERRA MOBILITY CORP CL A	3,820,007	$54.59M	0.9%	$20.88	—	—	92511U102
DORM	DORMAN PRODS INC	43,177	$4.506M	0.1%	$66.24	—	—	258278100

Decreased Positions (35)

ENTG ENTEGRIS INC 5.5%

Value $317M (+31.3%) Shares 1,764,240 (-14.4%) Est. Cost $58.43 Unrealized —

POWI POWER INTEGRATIONS INC 2.6%

Value $148M (+37.3%) Shares 1,766,507 (-16.0%) Est. Cost $43.41 Unrealized —

PDFS PDF SOLUTIONS INC 1.3%

Value $73.2M (+111.0%) Shares 1,033,997 (-2.5%) Est. Cost $22.39 Unrealized —

COHR COHERENT CORP 1.8%

Value $107M (-26.0%) Shares 271,348 (-55.3%) Est. Cost $51.89 Unrealized —

BRKR BRUKER CORP 1.5%

Value $85.96M (+62.2%) Shares 1,428,327 (-2.7%) Est. Cost $45.39 Unrealized —

APH AMPHENOL CORP CL A 2.0%

Value $115M (+36.4%) Shares 652,127 (-2.3%) Est. Cost $47.64 Unrealized —

MRCY MERCURY SYSTEMS INC 1.2%

Value $69.26M (+63.6%) Shares 566,155 (-2.5%) Est. Cost $45.95 Unrealized —

RBC RBC BEARINGS INC 3.0%

Value $176M (+17.3%) Shares 273,687 (-1.1%) Est. Cost $153.33 Unrealized —

SXT SENSIENT TECHNOLOGIES CORP 1.6%

Value $92.05M (+39.1%) Shares 746,618 (-2.5%) Est. Cost $72.16 Unrealized —

WWD WOODWARD INC 3.0%

Value $175M (+15.7%) Shares 412,362 (-2.7%) Est. Cost $57.02 Unrealized —

IEX IDEX CORP 1.7%

Value $100M (+16.5%) Shares 440,952 (-2.7%) Est. Cost $115.57 Unrealized —

KEYS KEYSIGHT TECHNOLOGIES INC 1.3%

Value $76.89M (+20.4%) Shares 219,642 (-2.9%) Est. Cost $127.99 Unrealized —

DLB DOLBY LABORATORIES INC CL A 1.2%

Value $69.65M (-14.8%) Shares 1,324,664 (-2.7%) Est. Cost $72.26 Unrealized —

CBT CABOT CORP 1.4%

Value $81.76M (+17.3%) Shares 900,275 (-2.7%) Est. Cost $46.13 Unrealized —

AEIS ADVANCED ENERGY INDUSTRIES 1.7%

Value $95.76M (+12.7%) Shares 256,814 (-2.5%) Est. Cost $100.25 Unrealized —

ADI ANALOG DEVICES INC 1.6%

Value $94.51M (+12.3%) Shares 237,959 (-10.1%) Est. Cost $182.12 Unrealized —

SSD SIMPSON MANUFACTURING 1.1%

Value $63.12M (+19.0%) Shares 301,491 (-2.5%) Est. Cost $88.81 Unrealized —

GGG GRACO INC 1.0%

Value $56.39M (-13.1%) Shares 745,860 (-2.7%) Est. Cost $45.20 Unrealized —

AGYS AGILYSYS INC 0.4%

Value $24.12M (+43.2%) Shares 230,774 (-2.5%) Est. Cost $35.04 Unrealized —

HXL HEXCEL CORP 0.6%

Value $37.44M (+20.0%) Shares 374,224 (-2.9%) Est. Cost $63.51 Unrealized —

HEI/A HEICO CORP CL A 0.7%

Value $38.8M (+18.6%) Shares 150,447 (-2.9%) Est. Cost $56.09 Unrealized —

CCC CCC INTELLIGENT SOLUTIONS HOLD 0.5%

Value $27M (-16.1%) Shares 5,233,032 (-2.5%) Est. Cost $8.47 Unrealized —

HBAN HUNTINGTON BANCSHARES INC 1.0%

Value $56.27M (+10.0%) Shares 3,173,988 (-2.9%) Est. Cost $12.94 Unrealized —

GBCI GLACIER BANCORP INC 0.8%

Value $44.96M (+12.5%) Shares 871,618 (-2.6%) Est. Cost $37.67 Unrealized —

UCB UNITED COMMUNITY BANKS INC OF 1.0%

Value $57.58M (+8.7%) Shares 1,640,886 (-2.5%) Est. Cost $27.51 Unrealized —

LKQ LKQ CORP 0.5%

Value $27.95M (-13.0%) Shares 1,061,711 (-2.9%) Est. Cost $36.97 Unrealized —

MGRC MCGRATH RENTCORP 1.0%

Value $57.53M (+7.1%) Shares 475,324 (-2.4%) Est. Cost $108.62 Unrealized —

PB PROSPERITY BANCSHARES INC 1.2%

Value $69.05M (+5.8%) Shares 945,565 (-2.7%) Est. Cost $58.24 Unrealized —

BRX BRIXMOR PROPERTY GROUP INC 0.9%

Value $49.22M (+6.7%) Shares 1,560,944 (-2.6%) Est. Cost $20.41 Unrealized —

FAF FIRST AMERICAN FINANCIAL CORP 0.4%

Value $22.48M (+10.4%) Shares 327,746 (-2.9%) Est. Cost $51.64 Unrealized —

APG API GROUP CORP 1.6%

Value $90.1M (+1.8%) Shares 2,127,574 (-2.6%) Est. Cost $21.29 Unrealized —

BRO BROWN & BROWN INC 0.6%

Value $34.11M (-4.5%) Shares 531,747 (-2.9%) Est. Cost $63.44 Unrealized —

NNN NNN REIT INC 0.3%

Value $20.07M (+7.5%) Shares 431,298 (-2.9%) Est. Cost $41.39 Unrealized —

MTX MINERALS TECHNOLOGIES INC 0.6%

Value $36.14M (+1.6%) Shares 488,512 (-2.6%) Est. Cost $63.59 Unrealized —

RLI RLI CORP 0.4%

Value $20.45M (+0.9%) Shares 346,139 (-2.6%) Est. Cost $48.07 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ENTG	ENTEGRIS INC	1,764,240 (-14.4%)	$317M (+31.3%)	5.5%	$58.43	—	COM	29362U104
POWI	POWER INTEGRATIONS INC	1,766,507 (-16.0%)	$148M (+37.3%)	2.6%	$43.41	—	COM	739276103
PDFS	PDF SOLUTIONS INC	1,033,997 (-2.5%)	$73.2M (+111.0%)	1.3%	$22.39	—	COM	693282105
COHR	COHERENT CORP	271,348 (-55.3%)	$107M (-26.0%)	1.8%	$51.89	—	COM	19247G107
BRKR	BRUKER CORP	1,428,327 (-2.7%)	$85.96M (+62.2%)	1.5%	$45.39	—	COM	116794108
APH	AMPHENOL CORP CL A	652,127 (-2.3%)	$115M (+36.4%)	2.0%	$47.64	—	COM	032095101
MRCY	MERCURY SYSTEMS INC	566,155 (-2.5%)	$69.26M (+63.6%)	1.2%	$45.95	—	COM	589378108
RBC	RBC BEARINGS INC	273,687 (-1.1%)	$176M (+17.3%)	3.0%	$153.33	—	COM	75524B104
SXT	SENSIENT TECHNOLOGIES CORP	746,618 (-2.5%)	$92.05M (+39.1%)	1.6%	$72.16	—	COM	81725T100
WWD	WOODWARD INC	412,362 (-2.7%)	$175M (+15.7%)	3.0%	$57.02	—	COM	980745103
IEX	IDEX CORP	440,952 (-2.7%)	$100M (+16.5%)	1.7%	$115.57	—	COM	45167R104
KEYS	KEYSIGHT TECHNOLOGIES INC	219,642 (-2.9%)	$76.89M (+20.4%)	1.3%	$127.99	—	COM	49338L103
DLB	DOLBY LABORATORIES INC CL A	1,324,664 (-2.7%)	$69.65M (-14.8%)	1.2%	$72.26	—	COM	25659T107
CBT	CABOT CORP	900,275 (-2.7%)	$81.76M (+17.3%)	1.4%	$46.13	—	COM	127055101
AEIS	ADVANCED ENERGY INDUSTRIES	256,814 (-2.5%)	$95.76M (+12.7%)	1.7%	$100.25	—	COM	007973100
ADI	ANALOG DEVICES INC	237,959 (-10.1%)	$94.51M (+12.3%)	1.6%	$182.12	—	COM	032654105
SSD	SIMPSON MANUFACTURING	301,491 (-2.5%)	$63.12M (+19.0%)	1.1%	$88.81	—	COM	829073105
GGG	GRACO INC	745,860 (-2.7%)	$56.39M (-13.1%)	1.0%	$45.20	—	COM	384109104
AGYS	AGILYSYS INC	230,774 (-2.5%)	$24.12M (+43.2%)	0.4%	$35.04	—	COM	00847J105
HXL	HEXCEL CORP	374,224 (-2.9%)	$37.44M (+20.0%)	0.6%	$63.51	—	COM	428291108
HEI/A	HEICO CORP CL A	150,447 (-2.9%)	$38.8M (+18.6%)	0.7%	$56.09	—	COM	422806208
CCC	CCC INTELLIGENT SOLUTIONS HOLD	5,233,032 (-2.5%)	$27M (-16.1%)	0.5%	$8.47	—	COM	12510Q100
HBAN	HUNTINGTON BANCSHARES INC	3,173,988 (-2.9%)	$56.27M (+10.0%)	1.0%	$12.94	—	COM	446150104
GBCI	GLACIER BANCORP INC	871,618 (-2.6%)	$44.96M (+12.5%)	0.8%	$37.67	—	COM	37637Q105
UCB	UNITED COMMUNITY BANKS INC OF	1,640,886 (-2.5%)	$57.58M (+8.7%)	1.0%	$27.51	—	COM	90984P303
LKQ	LKQ CORP	1,061,711 (-2.9%)	$27.95M (-13.0%)	0.5%	$36.97	—	COM	501889208
MGRC	MCGRATH RENTCORP	475,324 (-2.4%)	$57.53M (+7.1%)	1.0%	$108.62	—	COM	580589109
PB	PROSPERITY BANCSHARES INC	945,565 (-2.7%)	$69.05M (+5.8%)	1.2%	$58.24	—	COM	743606105
BRX	BRIXMOR PROPERTY GROUP INC	1,560,944 (-2.6%)	$49.22M (+6.7%)	0.9%	$20.41	—	COM	11120U105
FAF	FIRST AMERICAN FINANCIAL CORP	327,746 (-2.9%)	$22.48M (+10.4%)	0.4%	$51.64	—	COM	31847R102
APG	API GROUP CORP	2,127,574 (-2.6%)	$90.1M (+1.8%)	1.6%	$21.29	—	COM	00187Y100
BRO	BROWN & BROWN INC	531,747 (-2.9%)	$34.11M (-4.5%)	0.6%	$63.44	—	COM	115236101
NNN	NNN REIT INC	431,298 (-2.9%)	$20.07M (+7.5%)	0.3%	$41.39	—	COM	637417106
MTX	MINERALS TECHNOLOGIES INC	488,512 (-2.6%)	$36.14M (+1.6%)	0.6%	$63.59	—	COM	603158106
RLI	RLI CORP	346,139 (-2.6%)	$20.45M (+0.9%)	0.4%	$48.07	—	COM	749607107

Unchanged Positions (8)

INGR INGREDION INC 2.1%

Value $121M Shares 1,273,785 Est. Cost $96.24 Unrealized —

AME AMETEK INC 3.2%

Value $183M Shares 757,386 Est. Cost $123.23 Unrealized —

UGI UGI CORP 3.2%

Value $185M Shares 5,365,031 Est. Cost $32.33 Unrealized —

CLH CLEAN HARBORS INC 4.8%

Value $276M Shares 922,182 Est. Cost $84.98 Unrealized —

KBR KBR INC 1.3%

Value $78.12M Shares 2,262,395 Est. Cost $36.60 Unrealized —

WCN WASTE CONNECTIONS INC 2.5%

Value $144M Shares 863,747 Est. Cost $108.06 Unrealized —

CAE CAE INC 2.1%

Value $124M Shares 4,929,599 Est. Cost $21.16 Unrealized —

SCHW CHARLES SCHWAB CORP 1.3%

Value $77.44M Shares 839,303 Est. Cost $73.73 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
INGR	INGREDION INC	1,273,785	$121M	2.1%	$96.24	—	COM	457187102
AME	AMETEK INC	757,386	$183M	3.2%	$123.23	—	COM	031100100
UGI	UGI CORP	5,365,031	$185M	3.2%	$32.33	—	COM	902681105
CLH	CLEAN HARBORS INC	922,182	$276M	4.8%	$84.98	—	COM	184496107
KBR	KBR INC	2,262,395	$78.12M	1.3%	$36.60	—	COM	48242W106
WCN	WASTE CONNECTIONS INC	863,747	$144M	2.5%	$108.06	—	COM	94106B101
CAE	CAE INC	4,929,599	$124M	2.1%	$21.16	—	COM	124765108
SCHW	CHARLES SCHWAB CORP	839,303	$77.44M	1.3%	$73.73	—	COM	808513105