CAISSE DES DEPOTS ET CONSIGNATIONS Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TTE	TOTALENERGIES SE	30,368,297	$1,982,676	45.1%	$63.23	0.0%	ACT	F92124100
MICC	MAGNUM ICE CREAM CO NV	776,922	$12,424	0.3%	$15.68	0.0%	ORD SHS	N5505D105
HIG	HARTFORD INSURANCE GROUP INC	22,188	$3,058	0.1%	$131.57	0.0%	COM	416515104
CMI	CUMMINS INC	3,822	$1,951	0.0%	$466.32	0.0%	COM	231021106
LHX	L3HARRIS TECHNOLOGIES INC	5,515	$1,619	0.0%	$288.43	0.0%	COM	502431109
KHC	KRAFT HEINZ CO	48,680	$1,180	0.0%	$24.63	0.0%	COM	500754106
RKLB	ROCKET LAB CORP	11,545	$805	0.0%	$57.32	0.0%	COM	773121108
DHI	D R HORTON INC	4,472	$644	0.0%	$152.01	0.0%	COM	23331A109
GS	GOLDMAN SACHS GROUP INC	691	$607	0.0%	$813.35	0.0%	COM	38141G104
DNOW	DNOW INC	45,001	$596	0.0%	$14.04	0.0%	COM	67011P100
LEA	LEAR CORP	4,851	$556	0.0%	$106.29	0.0%	COM NEW	521865204
GWW	WW GRAINGER INC	539	$544	0.0%	$968.92	0.0%	COM	384802104
Q	QNITY ELECTRONICS INC	5,443	$444	0.0%	$84.91	0.0%	COMMON STOCK	74743L100
PGNY	PROGYNY INC	17,258	$443	0.0%	$23.00	0.0%	COM	74340E103
UNP	UNION PAC CORP	1,811	$419	0.0%	$227.32	0.0%	COM	907818108
XYL	XYLEM INC	2,357	$321	0.0%	$143.58	0.0%	COM	98419M100
U	UNITY SOFTWARE INC	6,180	$273	0.0%	$40.75	0.0%	COM	91332U101
KRMN	KARMAN HLDGS INC	3,395	$248	0.0%	$72.41	0.0%	COMMON STOCK	485924104
AXON	AXON ENTERPRISE INC	383	$218	0.0%	$620.52	0.0%	COM	05464C101

Increased Positions (56)

LLY ELI LILLY & CO 0.3%

Value ($000) $11,643 (+65.3%) Shares 10,834 (+17.3%) Est. Cost $840.01 Unrealized +13.8%

CAT CATERPILLAR INC 0.2%

Value ($000) $6,983 (+173.7%) Shares 12,190 (+127.9%) Est. Cost $498.42 Unrealized +11.5%

NFLX NETFLIX INC 0.1%

Value ($000) $5,993 (-35.4%) Shares 63,922 (+725.5%) Est. Cost $107.35 Unrealized +0.4%

MMM 3M CO 0.2%

Value ($000) $6,748 (+84.5%) Shares 42,150 (+78.9%) Est. Cost $152.81 Unrealized +6.8%

EQH EQUITABLE HLDGS INC 0.1%

Value ($000) $6,396 (+74.5%) Shares 134,238 (+85.9%) Est. Cost $46.84 Unrealized +0.9%

PLD PROLOGIS INC. 0.1%

Value ($000) $4,094 (+181.2%) Shares 32,071 (+152.2%) Est. Cost $115.97 Unrealized +6.8%

PYPL PAYPAL HLDGS INC 0.1%

Value ($000) $3,970 (+120.6%) Shares 67,995 (+153.4%) Est. Cost $67.00 Unrealized -3.2%

ROL ROLLINS INC 0.2%

Value ($000) $6,654 (+46.8%) Shares 110,865 (+43.7%) Est. Cost $51.46 Unrealized +14.0%

MRK MERCK & CO INC 0.2%

Value ($000) $8,789 (+28.1%) Shares 83,500 (+2.2%) Est. Cost $97.35 Unrealized -4.2%

INTU INTUIT 0.1%

Value ($000) $4,796 (+66.5%) Shares 7,240 (+71.6%) Est. Cost $684.50 Unrealized -3.5%

CMG CHIPOTLE MEXICAN GRILL INC 0.2%

Value ($000) $7,543 (+33.8%) Shares 203,854 (+41.8%) Est. Cost $50.95 Unrealized -29.0%

PCG PG&E CORP 0.1%

Value ($000) $5,101 (+58.1%) Shares 317,427 (+48.3%) Est. Cost $15.98 Unrealized -0.4%

MU MICRON TECHNOLOGY INC 0.1%

Value ($000) $3,377 (+118.5%) Shares 11,832 (+28.1%) Est. Cost $129.33 Unrealized +77.3%

KDP KEURIG DR PEPPER INC 0.1%

Value ($000) $6,475 (+37.9%) Shares 231,182 (+25.6%) Est. Cost $31.48 Unrealized -13.5%

FTNT FORTINET INC 0.1%

Value ($000) $2,664 (+191.6%) Shares 33,548 (+208.7%) Est. Cost $84.88 Unrealized -2.3%

WFC WELLS FARGO CO NEW 0.1%

Value ($000) $5,695 (+40.5%) Shares 61,110 (+26.4%) Est. Cost $74.38 Unrealized +16.5%

HPE HEWLETT PACKARD ENTERPRISE C 0.1%

Value ($000) $4,354 (+58.2%) Shares 181,278 (+61.8%) Est. Cost $21.81 Unrealized +7.5%

ELV ELEVANCE HEALTH INC FORMERLY 0.1%

Value ($000) $2,206 (+247.1%) Shares 6,293 (+219.9%) Est. Cost $359.38 Unrealized -6.3%

KVUE KENVUE INC 0.1%

Value ($000) $5,487 (+39.7%) Shares 318,100 (+31.4%) Est. Cost $20.40 Unrealized -20.3%

IBM INTERNATIONAL BUSINESS MACHS 0.3%

Value ($000) $11,609 (+15.3%) Shares 39,191 (+9.9%) Est. Cost $225.46 Unrealized +32.5%

AMAT APPLIED MATLS INC 0.1%

Value ($000) $4,131 (+57.3%) Shares 16,074 (+25.3%) Est. Cost $191.37 Unrealized +25.1%

TRV TRAVELERS COMPANIES INC 0.0%

Value ($000) $2,060 (+252.8%) Shares 7,102 (+239.6%) Est. Cost $270.08 Unrealized +3.9%

CRM SALESFORCE INC 0.3%

Value ($000) $11,825 (+14.0%) Shares 44,636 (+2.0%) Est. Cost $299.07 Unrealized -17.0%

WMT WALMART INC 0.4%

Value ($000) $16,188 (+9.3%) Shares 145,303 (+1.1%) Est. Cost $86.39 Unrealized +24.1%

RIVN RIVIAN AUTOMOTIVE INC 0.1%

Value ($000) $3,419 (+67.6%) Shares 173,462 (+24.8%) Est. Cost $13.47 Unrealized +17.8%

NEM NEWMONT CORP 0.1%

Value ($000) $2,907 (+85.4%) Shares 29,116 (+56.5%) Est. Cost $76.90 Unrealized +17.3%

HON HONEYWELL INTL INC 0.2%

Value ($000) $7,070 (+23.3%) Shares 36,238 (+33.1%) Est. Cost $201.46 Unrealized -3.2%

PG PROCTER AND GAMBLE CO 0.3%

Value ($000) $12,018 (+11.8%) Shares 83,859 (+19.9%) Est. Cost $161.55 Unrealized -8.9%

AIG AMERICAN INTL GROUP INC 0.0%

Value ($000) $1,764 (+234.8%) Shares 20,619 (+207.3%) Est. Cost $79.50 Unrealized +0.2%

ADBE ADOBE INC 0.2%

Value ($000) $7,705 (+18.9%) Shares 22,014 (+19.8%) Est. Cost $449.51 Unrealized -24.3%

KEY KEYCORP 0.1%

Value ($000) $2,502 (+93.4%) Shares 121,225 (+75.1%) Est. Cost $18.31 Unrealized +1.0%

WBD WARNER BROS DISCOVERY INC 0.1%

Value ($000) $2,245 (+115.2%) Shares 77,887 (+45.8%) Est. Cost $16.69 Unrealized +40.1%

SOFI SOFI TECHNOLOGIES INC 0.1%

Value ($000) $3,500 (+50.2%) Shares 133,675 (+51.5%) Est. Cost $18.18 Unrealized +53.3%

NOW SERVICENOW INC 0.1%

Value ($000) $5,531 (-16.8%) Shares 36,105 (+400.0%) Est. Cost $175.78 Unrealized -2.4%

UBER UBER TECHNOLOGIES INC 0.2%

Value ($000) $8,048 (-11.5%) Shares 98,498 (+6.1%) Est. Cost $73.04 Unrealized +23.3%

GILD GILEAD SCIENCES INC 0.2%

Value ($000) $7,772 (+14.7%) Shares 63,322 (+3.7%) Est. Cost $88.21 Unrealized +37.0%

ADT ADT INC DEL 0.0%

Value ($000) $1,490 (+140.5%) Shares 184,652 (+159.6%) Est. Cost $7.80 Unrealized +6.0%

CNH CNH INDL N V 0.1%

Value ($000) $5,668 (+12.5%) Shares 614,777 (+32.4%) Est. Cost $10.94 Unrealized -8.7%

EXC EXELON CORP 0.1%

Value ($000) $5,118 (+14.0%) Shares 117,405 (+17.7%) Est. Cost $38.76 Unrealized +17.3%

WDC WESTERN DIGITAL CORP 0.0%

Value ($000) $856 (+255.5%) Shares 4,968 (+147.8%) Est. Cost $123.32 Unrealized +22.9%

BSX BOSTON SCIENTIFIC CORP 0.2%

Value ($000) $8,362 (+7.8%) Shares 87,694 (+10.4%) Est. Cost $88.98 Unrealized +10.2%

CRH CRH PLC 0.2%

Value ($000) $8,534 (+7.5%) Shares 68,384 (+3.3%) Est. Cost $95.17 Unrealized +25.2%

PNR PENTAIR PLC 0.1%

Value ($000) $2,434 (+30.4%) Shares 23,370 (+38.7%) Est. Cost $102.92 Unrealized +3.7%

APP APPLOVIN CORP 0.1%

Value ($000) $2,370 (+26.7%) Shares 3,518 (+35.1%) Est. Cost $505.04 Unrealized +24.8%

PGR PROGRESSIVE CORP 0.2%

Value ($000) $8,526 (+5.6%) Shares 37,439 (+14.5%) Est. Cost $234.82 Unrealized -9.6%

FTV FORTIVE CORP 0.1%

Value ($000) $2,557 (+20.7%) Shares 46,308 (+7.1%) Est. Cost $56.75 Unrealized -8.6%

BWA BORGWARNER INC 0.0%

Value ($000) $1,810 (+30.0%) Shares 40,168 (+26.8%) Est. Cost $40.55 Unrealized +7.7%

HOOD ROBINHOOD MKTS INC 0.1%

Value ($000) $3,592 (-9.8%) Shares 31,759 (+14.1%) Est. Cost $111.65 Unrealized +16.5%

PANW PALO ALTO NETWORKS INC 0.1%

Value ($000) $5,792 (-5.9%) Shares 31,442 (+4.1%) Est. Cost $186.33 Unrealized +8.3%

CRWD CROWDSTRIKE HLDGS INC 0.0%

Value ($000) $980 (+56.6%) Shares 2,091 (+63.9%) Est. Cost $475.99 Unrealized +7.0%

FAST FASTENAL CO 0.1%

Value ($000) $6,117 (-5.2%) Shares 152,430 (+15.9%) Est. Cost $39.82 Unrealized +5.5%

CPRT COPART INC 0.1%

Value ($000) $4,189 (-5.1%) Shares 106,987 (+9.0%) Est. Cost $55.68 Unrealized -25.5%

WY WEYERHAEUSER CO MTN BE 0.1%

Value ($000) $4,068 (+4.2%) Shares 171,730 (+9.1%) Est. Cost $29.49 Unrealized -22.0%

ANET ARISTA NETWORKS INC 0.1%

Value ($000) $2,884 (-3.1%) Shares 22,011 (+7.8%) Est. Cost $129.41 Unrealized +6.4%

CWEN CLEARWAY ENERGY INC 0.0%

Value ($000) $463 (+19.4%) Shares 13,911 (+1.4%) Est. Cost $25.95 Unrealized +27.2%

DOC HEALTHPEAK PROPERTIES INC 0.0%

Value ($000) $913 (-5.0%) Shares 56,774 (+13.1%) Est. Cost $17.99 Unrealized -2.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY & CO	10,834 (+17.3%)	$11,643 (+65.3%)	0.3%	$840.01	+13.8%	COM	532457108
CAT	CATERPILLAR INC	12,190 (+127.9%)	$6,983 (+173.7%)	0.2%	$498.42	+11.5%	COM	149123101
NFLX	NETFLIX INC	63,922 (+725.5%)	$5,993 (-35.4%)	0.1%	$107.35	+0.4%	COM	64110L106
MMM	3M CO	42,150 (+78.9%)	$6,748 (+84.5%)	0.2%	$152.81	+6.8%	COM	88579Y101
EQH	EQUITABLE HLDGS INC	134,238 (+85.9%)	$6,396 (+74.5%)	0.1%	$46.84	+0.9%	COM	29452E101
PLD	PROLOGIS INC.	32,071 (+152.2%)	$4,094 (+181.2%)	0.1%	$115.97	+6.8%	COM	74340W103
PYPL	PAYPAL HLDGS INC	67,995 (+153.4%)	$3,970 (+120.6%)	0.1%	$67.00	-3.2%	COM	70450Y103
ROL	ROLLINS INC	110,865 (+43.7%)	$6,654 (+46.8%)	0.2%	$51.46	+14.0%	COM	775711104
MRK	MERCK & CO INC	83,500 (+2.2%)	$8,789 (+28.1%)	0.2%	$97.35	-4.2%	COM	58933Y105
INTU	INTUIT	7,240 (+71.6%)	$4,796 (+66.5%)	0.1%	$684.50	-3.5%	COM	461202103
CMG	CHIPOTLE MEXICAN GRILL INC	203,854 (+41.8%)	$7,543 (+33.8%)	0.2%	$50.95	-29.0%	COM	169656105
PCG	PG&E CORP	317,427 (+48.3%)	$5,101 (+58.1%)	0.1%	$15.98	-0.4%	COM	69331C108
MU	MICRON TECHNOLOGY INC	11,832 (+28.1%)	$3,377 (+118.5%)	0.1%	$129.33	+77.3%	COM	595112103
KDP	KEURIG DR PEPPER INC	231,182 (+25.6%)	$6,475 (+37.9%)	0.1%	$31.48	-13.5%	COM	49271V100
FTNT	FORTINET INC	33,548 (+208.7%)	$2,664 (+191.6%)	0.1%	$84.88	-2.3%	COM	34959E109
WFC	WELLS FARGO CO NEW	61,110 (+26.4%)	$5,695 (+40.5%)	0.1%	$74.38	+16.5%	COM	949746101
HPE	HEWLETT PACKARD ENTERPRISE C	181,278 (+61.8%)	$4,354 (+58.2%)	0.1%	$21.81	+7.5%	COM	42824C109
ELV	ELEVANCE HEALTH INC FORMERLY	6,293 (+219.9%)	$2,206 (+247.1%)	0.1%	$359.38	-6.3%	COM	036752103
KVUE	KENVUE INC	318,100 (+31.4%)	$5,487 (+39.7%)	0.1%	$20.40	-20.3%	COM	49177J102
IBM	INTERNATIONAL BUSINESS MACHS	39,191 (+9.9%)	$11,609 (+15.3%)	0.3%	$225.46	+32.5%	COM	459200101
AMAT	APPLIED MATLS INC	16,074 (+25.3%)	$4,131 (+57.3%)	0.1%	$191.37	+25.1%	COM	038222105
TRV	TRAVELERS COMPANIES INC	7,102 (+239.6%)	$2,060 (+252.8%)	0.0%	$270.08	+3.9%	COM	89417E109
CRM	SALESFORCE INC	44,636 (+2.0%)	$11,825 (+14.0%)	0.3%	$299.07	-17.0%	COM	79466L302
WMT	WALMART INC	145,303 (+1.1%)	$16,188 (+9.3%)	0.4%	$86.39	+24.1%	COM	931142103
RIVN	RIVIAN AUTOMOTIVE INC	173,462 (+24.8%)	$3,419 (+67.6%)	0.1%	$13.47	+17.8%	COM CL A	76954A103
NEM	NEWMONT CORP	29,116 (+56.5%)	$2,907 (+85.4%)	0.1%	$76.90	+17.3%	COM	651639106
HON	HONEYWELL INTL INC	36,238 (+33.1%)	$7,070 (+23.3%)	0.2%	$201.46	-3.2%	COM	438516106
PG	PROCTER AND GAMBLE CO	83,859 (+19.9%)	$12,018 (+11.8%)	0.3%	$161.55	-8.9%	COM	742718109
AIG	AMERICAN INTL GROUP INC	20,619 (+207.3%)	$1,764 (+234.8%)	0.0%	$79.50	+0.2%	COM NEW	026874784
ADBE	ADOBE INC	22,014 (+19.8%)	$7,705 (+18.9%)	0.2%	$449.51	-24.3%	COM	00724F101
KEY	KEYCORP	121,225 (+75.1%)	$2,502 (+93.4%)	0.1%	$18.31	+1.0%	COM	493267108
WBD	WARNER BROS DISCOVERY INC	77,887 (+45.8%)	$2,245 (+115.2%)	0.1%	$16.69	+40.1%	COM SER A	934423104
SOFI	SOFI TECHNOLOGIES INC	133,675 (+51.5%)	$3,500 (+50.2%)	0.1%	$18.18	+53.3%	COM	83406F102
NOW	SERVICENOW INC	36,105 (+400.0%)	$5,531 (-16.8%)	0.1%	$175.78	-2.4%	COM	81762P102
UBER	UBER TECHNOLOGIES INC	98,498 (+6.1%)	$8,048 (-11.5%)	0.2%	$73.04	+23.3%	COM	90353T100
GILD	GILEAD SCIENCES INC	63,322 (+3.7%)	$7,772 (+14.7%)	0.2%	$88.21	+37.0%	COM	375558103
ADT	ADT INC DEL	184,652 (+159.6%)	$1,490 (+140.5%)	0.0%	$7.80	+6.0%	COM	00090Q103
CNH	CNH INDL N V	614,777 (+32.4%)	$5,668 (+12.5%)	0.1%	$10.94	-8.7%	SHS	N20944109
EXC	EXELON CORP	117,405 (+17.7%)	$5,118 (+14.0%)	0.1%	$38.76	+17.3%	COM	30161N101
WDC	WESTERN DIGITAL CORP	4,968 (+147.8%)	$856 (+255.5%)	0.0%	$123.32	+22.9%	COM	958102105
BSX	BOSTON SCIENTIFIC CORP	87,694 (+10.4%)	$8,362 (+7.8%)	0.2%	$88.98	+10.2%	COM	101137107
CRH	CRH PLC	68,384 (+3.3%)	$8,534 (+7.5%)	0.2%	$95.17	+25.2%	ORD	G25508105
PNR	PENTAIR PLC	23,370 (+38.7%)	$2,434 (+30.4%)	0.1%	$102.92	+3.7%	SHS	G7S00T104
APP	APPLOVIN CORP	3,518 (+35.1%)	$2,370 (+26.7%)	0.1%	$505.04	+24.8%	COM CL A	03831W108
PGR	PROGRESSIVE CORP	37,439 (+14.5%)	$8,526 (+5.6%)	0.2%	$234.82	-9.6%	COM	743315103
FTV	FORTIVE CORP	46,308 (+7.1%)	$2,557 (+20.7%)	0.1%	$56.75	-8.6%	COM	34959J108
BWA	BORGWARNER INC	40,168 (+26.8%)	$1,810 (+30.0%)	0.0%	$40.55	+7.7%	COM	099724106
HOOD	ROBINHOOD MKTS INC	31,759 (+14.1%)	$3,592 (-9.8%)	0.1%	$111.65	+16.5%	COM CL A	770700102
PANW	PALO ALTO NETWORKS INC	31,442 (+4.1%)	$5,792 (-5.9%)	0.1%	$186.33	+8.3%	COM	697435105
CRWD	CROWDSTRIKE HLDGS INC	2,091 (+63.9%)	$980 (+56.6%)	0.0%	$475.99	+7.0%	CL A	22788C105
FAST	FASTENAL CO	152,430 (+15.9%)	$6,117 (-5.2%)	0.1%	$39.82	+5.5%	COM	311900104
CPRT	COPART INC	106,987 (+9.0%)	$4,189 (-5.1%)	0.1%	$55.68	-25.5%	COM	217204106
WY	WEYERHAEUSER CO MTN BE	171,730 (+9.1%)	$4,068 (+4.2%)	0.1%	$29.49	-22.0%	COM NEW	962166104
ANET	ARISTA NETWORKS INC	22,011 (+7.8%)	$2,884 (-3.1%)	0.1%	$129.41	+6.4%	COM SHS	040413205
CWEN	CLEARWAY ENERGY INC	13,911 (+1.4%)	$463 (+19.4%)	0.0%	$25.95	+27.2%	CL C	18539C204
DOC	HEALTHPEAK PROPERTIES INC	56,774 (+13.1%)	$913 (-5.0%)	0.0%	$17.99	-2.9%	COM	42250P103

Exited Positions (28)

HEI HEICO CORP NEW 0.1%

Value ($000) $2,491 Shares 7,716 Est. Cost $276.67 Unrealized +14.2%

CL COLGATE PALMOLIVE CO 0.1%

Value ($000) $2,487 Shares 31,109 Est. Cost $93.07 Unrealized -15.9%

VRT VERTIV HOLDINGS CO 0.1%

Value ($000) $2,233 Shares 14,805 Est. Cost $133.31 Unrealized +30.2%

SNOW SNOWFLAKE INC 0.0%

Value ($000) $1,996 Shares 8,850 Est. Cost $214.74 Unrealized +13.7%

NET CLOUDFLARE INC 0.0%

Value ($000) $1,636 Shares 7,624 Est. Cost $204.15 Unrealized +3.6%

BX BLACKSTONE INC 0.0%

Value ($000) $1,387 Shares 8,116 Est. Cost $169.47 Unrealized -10.6%

TFC TRUIST FINL CORP 0.0%

Value ($000) $1,319 Shares 28,842 Est. Cost $42.32 Unrealized +8.2%

O REALTY INCOME CORP 0.0%

Value ($000) $1,292 Shares 21,260 Est. Cost $54.47 Unrealized +5.3%

PEP PEPSICO INC 0.0%

Value ($000) $1,272 Shares 9,059 Est. Cost $143.42 Unrealized +1.7%

HLT HILTON WORLDWIDE HLDGS INC 0.0%

Value ($000) $1,146 Shares 4,416 Est. Cost $244.13 Unrealized +11.5%

CNM CORE & MAIN INC 0.0%

Value ($000) $1,056 Shares 19,625 Est. Cost $47.12 Unrealized +8.9%

QCOM QUALCOMM INC 0.0%

Value ($000) $901 Shares 5,416 Est. Cost $159.52 Unrealized +7.1%

MSTR STRATEGY INC 0.0%

Value ($000) $895 Shares 2,779 Est. Cost $371.01 Unrealized -37.9%

RDDT REDDIT INC 0.0%

Value ($000) $825 Shares 3,589 Est. Cost $204.09 Unrealized +3.0%

CVNA CARVANA CO 0.0%

Value ($000) $796 Shares 2,110 Est. Cost $357.61 Unrealized +3.9%

MOH MOLINA HEALTHCARE INC 0.0%

Value ($000) $743 Shares 3,885 Est. Cost $308.81 Unrealized -46.8%

LCID LUCID GROUP INC 0.0%

Value ($000) $705 Shares 29,640 Est. Cost $22.60 Unrealized -29.3%

— MRC GLOBAL INC 0.0%

Value ($000) $684 Shares 47,425 Est. Cost $13.08 Unrealized —

DELL DELL TECHNOLOGIES INC 0.0%

Value ($000) $628 Shares 4,429 Est. Cost $129.18 Unrealized +9.0%

RBLX ROBLOX CORP 0.0%

Value ($000) $432 Shares 3,117 Est. Cost $124.28 Unrealized -14.6%

ODFL OLD DOMINION FREIGHT LINE IN 0.0%

Value ($000) $371 Shares 2,634 Est. Cost $202.10 Unrealized -29.2%

MDB MONGODB INC 0.0%

Value ($000) $341 Shares 1,099 Est. Cost $257.06 Unrealized +41.5%

OKLO OKLO INC 0.0%

Value ($000) $321 Shares 2,874 Est. Cost $78.30 Unrealized +42.4%

— KELLANOVA 0.0%

Value ($000) $302 Shares 3,682 Est. Cost $78.18 Unrealized +5.7%

HPQ HP INC 0.0%

Value ($000) $283 Shares 10,394 Est. Cost $34.20 Unrealized -26.2%

THO THOR INDS INC 0.0%

Value ($000) $252 Shares 2,428 Est. Cost $99.75 Unrealized +3.5%

PINS PINTEREST INC 0.0%

Value ($000) $238 Shares 7,404 Est. Cost $36.26 Unrealized -20.6%

— HUDSON PAC PPTYS INC 0.0%

Value ($000) $169 Shares 61,086 Est. Cost $2.74 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HEI	HEICO CORP NEW	7,716	$2,491	0.1%	$276.67	+14.2%	—	422806109
CL	COLGATE PALMOLIVE CO	31,109	$2,487	0.1%	$93.07	-15.9%	—	194162103
VRT	VERTIV HOLDINGS CO	14,805	$2,233	0.1%	$133.31	+30.2%	—	92537N108
SNOW	SNOWFLAKE INC	8,850	$1,996	0.0%	$214.74	+13.7%	—	833445109
NET	CLOUDFLARE INC	7,624	$1,636	0.0%	$204.15	+3.6%	—	18915M107
BX	BLACKSTONE INC	8,116	$1,387	0.0%	$169.47	-10.6%	—	09260D107
TFC	TRUIST FINL CORP	28,842	$1,319	0.0%	$42.32	+8.2%	—	89832Q109
O	REALTY INCOME CORP	21,260	$1,292	0.0%	$54.47	+5.3%	—	756109104
PEP	PEPSICO INC	9,059	$1,272	0.0%	$143.42	+1.7%	—	713448108
HLT	HILTON WORLDWIDE HLDGS INC	4,416	$1,146	0.0%	$244.13	+11.5%	—	43300A203
CNM	CORE & MAIN INC	19,625	$1,056	0.0%	$47.12	+8.9%	—	21874C102
QCOM	QUALCOMM INC	5,416	$901	0.0%	$159.52	+7.1%	—	747525103
MSTR	STRATEGY INC	2,779	$895	0.0%	$371.01	-37.9%	—	594972408
RDDT	REDDIT INC	3,589	$825	0.0%	$204.09	+3.0%	—	75734B100
CVNA	CARVANA CO	2,110	$796	0.0%	$357.61	+3.9%	—	146869102
MOH	MOLINA HEALTHCARE INC	3,885	$743	0.0%	$308.81	-46.8%	—	60855R100
LCID	LUCID GROUP INC	29,640	$705	0.0%	$22.60	-29.3%	—	549498202
—	MRC GLOBAL INC	47,425	$684	0.0%	$13.08	—	—	55345K103
DELL	DELL TECHNOLOGIES INC	4,429	$628	0.0%	$129.18	+9.0%	—	24703L202
RBLX	ROBLOX CORP	3,117	$432	0.0%	$124.28	-14.6%	—	771049103
ODFL	OLD DOMINION FREIGHT LINE IN	2,634	$371	0.0%	$202.10	-29.2%	—	679580100
MDB	MONGODB INC	1,099	$341	0.0%	$257.06	+41.5%	—	60937P106
OKLO	OKLO INC	2,874	$321	0.0%	$78.30	+42.4%	—	02156V109
—	KELLANOVA	3,682	$302	0.0%	$78.18	+5.7%	—	487836108
HPQ	HP INC	10,394	$283	0.0%	$34.20	-26.2%	—	40434L105
THO	THOR INDS INC	2,428	$252	0.0%	$99.75	+3.5%	—	885160101
PINS	PINTEREST INC	7,404	$238	0.0%	$36.26	-20.6%	—	72352L106
—	HUDSON PAC PPTYS INC	61,086	$169	0.0%	$2.74	—	—	444097109

Decreased Positions (40)

V VISA INC 1.5%

Value ($000) $64,778 (-15.9%) Shares 184,704 (-18.1%) Est. Cost $304.75 Unrealized +11.7%

GOOG ALPHABET INC 0.8%

Value ($000) $33,521 (+19.1%) Shares 106,822 (-7.6%) Est. Cost $182.33 Unrealized +57.0%

KKR KKR & CO INC 0.0%

Value ($000) $499 (-90.9%) Shares 3,917 (-90.7%) Est. Cost $129.12 Unrealized -3.7%

CMCSA COMCAST CORP NEW 0.0%

Value ($000) $700 (-87.4%) Shares 23,428 (-86.8%) Est. Cost $39.92 Unrealized -28.5%

PCAR PACCAR INC 0.0%

Value ($000) $798 (-78.1%) Shares 7,287 (-80.3%) Est. Cost $103.86 Unrealized -2.5%

COST COSTCO WHSL CORP NEW 0.1%

Value ($000) $4,294 (-35.5%) Shares 4,980 (-30.7%) Est. Cost $952.73 Unrealized -4.9%

ORI OLD REP INTL CORP 0.0%

Value ($000) $1,097 (-65.8%) Shares 24,040 (-68.2%) Est. Cost $31.47 Unrealized +29.8%

ADSK AUTODESK INC 0.0%

Value ($000) $1,705 (-52.0%) Shares 5,761 (-48.5%) Est. Cost $295.42 Unrealized +2.4%

T AT&T INC 0.1%

Value ($000) $6,137 (-21.5%) Shares 247,042 (-10.7%) Est. Cost $21.62 Unrealized +16.9%

ICE INTERCONTINENTAL EXCHANGE IN 0.0%

Value ($000) $2,145 (-43.2%) Shares 13,247 (-40.9%) Est. Cost $156.24 Unrealized -0.0%

CEG CONSTELLATION ENERGY CORP 0.1%

Value ($000) $6,070 (-19.8%) Shares 17,181 (-25.3%) Est. Cost $322.17 Unrealized +12.7%

ECL ECOLAB INC 0.1%

Value ($000) $2,294 (-37.6%) Shares 8,740 (-34.9%) Est. Cost $245.53 Unrealized +8.2%

EA ELECTRONIC ARTS INC 0.0%

Value ($000) $809 (-62.4%) Shares 3,959 (-62.9%) Est. Cost $153.06 Unrealized +31.8%

BMY BRISTOL-MYERS SQUIBB CO 0.0%

Value ($000) $355 (-78.4%) Shares 6,582 (-81.9%) Est. Cost $52.58 Unrealized -9.6%

LRCX LAM RESEARCH CORP 0.2%

Value ($000) $9,613 (+14.7%) Shares 56,160 (-10.3%) Est. Cost $74.98 Unrealized +107.2%

AMT AMERICAN TOWER CORP NEW 0.0%

Value ($000) $807 (-59.8%) Shares 4,598 (-55.9%) Est. Cost $201.52 Unrealized -10.5%

BK BANK NEW YORK MELLON CORP 0.1%

Value ($000) $3,690 (-21.6%) Shares 31,784 (-26.5%) Est. Cost $75.52 Unrealized +46.3%

GEV GE VERNOVA INC 0.1%

Value ($000) $6,318 (-12.6%) Shares 9,667 (-17.8%) Est. Cost $495.49 Unrealized +22.9%

CSCO CISCO SYS INC 0.3%

Value ($000) $12,357 (+7.5%) Shares 160,420 (-4.6%) Est. Cost $55.80 Unrealized +32.2%

FCX FREEPORT-MCMORAN INC 0.1%

Value ($000) $5,370 (+17.5%) Shares 105,733 (-9.3%) Est. Cost $37.70 Unrealized +14.9%

BWXT BWX TECHNOLOGIES INC 0.1%

Value ($000) $2,736 (-21.6%) Shares 15,827 (-16.3%) Est. Cost $121.12 Unrealized +54.7%

SNAP SNAP INC 0.0%

Value ($000) $1,708 (-29.0%) Shares 211,657 (-32.2%) Est. Cost $8.30 Unrealized -4.7%

CCI CROWN CASTLE INC 0.0%

Value ($000) $1,051 (-39.2%) Shares 11,821 (-34.0%) Est. Cost $98.10 Unrealized -7.1%

EXPD EXPEDITORS INTL WASH INC 0.1%

Value ($000) $4,761 (+15.5%) Shares 31,950 (-4.9%) Est. Cost $117.40 Unrealized +15.5%

CNC CENTENE CORP DEL 0.0%

Value ($000) $1,033 (-36.0%) Shares 25,106 (-44.5%) Est. Cost $62.36 Unrealized -40.0%

EW EDWARDS LIFESCIENCES CORP 0.1%

Value ($000) $4,413 (-11.6%) Shares 51,766 (-19.4%) Est. Cost $69.99 Unrealized +17.3%

DD DUPONT DE NEMOURS INC 0.0%

Value ($000) $271 (-68.1%) Shares 6,737 (-38.1%) Est. Cost $33.84 Unrealized +10.5%

INTC INTEL CORP 0.2%

Value ($000) $6,852 (-7.2%) Shares 185,699 (-15.6%) Est. Cost $22.20 Unrealized +70.1%

ALV AUTOLIV INC 0.0%

Value ($000) $779 (-40.2%) Shares 6,561 (-37.8%) Est. Cost $119.11 Unrealized +0.2%

DHR DANAHER CORPORATION 0.1%

Value ($000) $5,224 (+9.9%) Shares 22,819 (-4.8%) Est. Cost $243.95 Unrealized -10.0%

RTX RTX CORPORATION 0.3%

Value ($000) $11,098 (+4.2%) Shares 60,510 (-4.9%) Est. Cost $118.27 Unrealized +46.6%

KO COCA COLA CO 0.3%

Value ($000) $11,791 (+3.8%) Shares 168,656 (-1.5%) Est. Cost $63.52 Unrealized +9.2%

CVS CVS HEALTH CORP 0.0%

Value ($000) $1,765 (-17.6%) Shares 22,237 (-21.7%) Est. Cost $53.65 Unrealized +46.6%

F FORD MTR CO 0.2%

Value ($000) $7,002 (+4.0%) Shares 533,663 (-5.2%) Est. Cost $11.25 Unrealized +14.1%

BF/B BROWN FORMAN CORP 0.0%

Value ($000) $382 (-40.9%) Shares 14,665 (-38.6%) Est. Cost $39.59 Unrealized -29.3%

SYF SYNCHRONY FINANCIAL 0.1%

Value ($000) $3,217 (-7.4%) Shares 38,565 (-21.1%) Est. Cost $60.06 Unrealized +27.1%

CAH CARDINAL HEALTH INC 0.1%

Value ($000) $5,510 (+3.7%) Shares 26,814 (-20.8%) Est. Cost $115.94 Unrealized +61.9%

MS MORGAN STANLEY 0.2%

Value ($000) $6,867 (+1.9%) Shares 38,678 (-8.7%) Est. Cost $119.51 Unrealized +39.3%

MNST MONSTER BEVERAGE CORP NEW 0.1%

Value ($000) $5,749 (-0.9%) Shares 74,987 (-13.0%) Est. Cost $54.20 Unrealized +32.2%

NEE NEXTERA ENERGY INC 0.2%

Value ($000) $9,368 (+0.4%) Shares 116,696 (-5.6%) Est. Cost $74.31 Unrealized +11.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
V	VISA INC	184,704 (-18.1%)	$64,778 (-15.9%)	1.5%	$304.75	+11.7%	COM CL A	92826C839
GOOG	ALPHABET INC	106,822 (-7.6%)	$33,521 (+19.1%)	0.8%	$182.33	+57.0%	CAP STK CL C	02079K107
KKR	KKR & CO INC	3,917 (-90.7%)	$499 (-90.9%)	0.0%	$129.12	-3.7%	COM	48251W104
CMCSA	COMCAST CORP NEW	23,428 (-86.8%)	$700 (-87.4%)	0.0%	$39.92	-28.5%	CL A	20030N101
PCAR	PACCAR INC	7,287 (-80.3%)	$798 (-78.1%)	0.0%	$103.86	-2.5%	COM	693718108
COST	COSTCO WHSL CORP NEW	4,980 (-30.7%)	$4,294 (-35.5%)	0.1%	$952.73	-4.9%	COM	22160K105
ORI	OLD REP INTL CORP	24,040 (-68.2%)	$1,097 (-65.8%)	0.0%	$31.47	+29.8%	COM	680223104
ADSK	AUTODESK INC	5,761 (-48.5%)	$1,705 (-52.0%)	0.0%	$295.42	+2.4%	COM	052769106
T	AT&T INC	247,042 (-10.7%)	$6,137 (-21.5%)	0.1%	$21.62	+16.9%	COM	00206R102
ICE	INTERCONTINENTAL EXCHANGE IN	13,247 (-40.9%)	$2,145 (-43.2%)	0.0%	$156.24	-0.0%	COM	45866F104
CEG	CONSTELLATION ENERGY CORP	17,181 (-25.3%)	$6,070 (-19.8%)	0.1%	$322.17	+12.7%	COM	21037T109
ECL	ECOLAB INC	8,740 (-34.9%)	$2,294 (-37.6%)	0.1%	$245.53	+8.2%	COM	278865100
EA	ELECTRONIC ARTS INC	3,959 (-62.9%)	$809 (-62.4%)	0.0%	$153.06	+31.8%	COM	285512109
BMY	BRISTOL-MYERS SQUIBB CO	6,582 (-81.9%)	$355 (-78.4%)	0.0%	$52.58	-9.6%	COM	110122108
LRCX	LAM RESEARCH CORP	56,160 (-10.3%)	$9,613 (+14.7%)	0.2%	$74.98	+107.2%	COM NEW	512807306
AMT	AMERICAN TOWER CORP NEW	4,598 (-55.9%)	$807 (-59.8%)	0.0%	$201.52	-10.5%	COM	03027X100
BK	BANK NEW YORK MELLON CORP	31,784 (-26.5%)	$3,690 (-21.6%)	0.1%	$75.52	+46.3%	COM	064058100
GEV	GE VERNOVA INC	9,667 (-17.8%)	$6,318 (-12.6%)	0.1%	$495.49	+22.9%	COM	36828A101
CSCO	CISCO SYS INC	160,420 (-4.6%)	$12,357 (+7.5%)	0.3%	$55.80	+32.2%	COM	17275R102
FCX	FREEPORT-MCMORAN INC	105,733 (-9.3%)	$5,370 (+17.5%)	0.1%	$37.70	+14.9%	CL B	35671D857
BWXT	BWX TECHNOLOGIES INC	15,827 (-16.3%)	$2,736 (-21.6%)	0.1%	$121.12	+54.7%	COM	05605H100
SNAP	SNAP INC	211,657 (-32.2%)	$1,708 (-29.0%)	0.0%	$8.30	-4.7%	CL A	83304A106
CCI	CROWN CASTLE INC	11,821 (-34.0%)	$1,051 (-39.2%)	0.0%	$98.10	-7.1%	COM	22822V101
EXPD	EXPEDITORS INTL WASH INC	31,950 (-4.9%)	$4,761 (+15.5%)	0.1%	$117.40	+15.5%	COM	302130109
CNC	CENTENE CORP DEL	25,106 (-44.5%)	$1,033 (-36.0%)	0.0%	$62.36	-40.0%	COM	15135B101
EW	EDWARDS LIFESCIENCES CORP	51,766 (-19.4%)	$4,413 (-11.6%)	0.1%	$69.99	+17.3%	COM	28176E108
DD	DUPONT DE NEMOURS INC	6,737 (-38.1%)	$271 (-68.1%)	0.0%	$33.84	+10.5%	COM	26614N102
INTC	INTEL CORP	185,699 (-15.6%)	$6,852 (-7.2%)	0.2%	$22.20	+70.1%	COM	458140100
ALV	AUTOLIV INC	6,561 (-37.8%)	$779 (-40.2%)	0.0%	$119.11	+0.2%	COM	052800109
DHR	DANAHER CORPORATION	22,819 (-4.8%)	$5,224 (+9.9%)	0.1%	$243.95	-10.0%	COM	235851102
RTX	RTX CORPORATION	60,510 (-4.9%)	$11,098 (+4.2%)	0.3%	$118.27	+46.6%	COM	75513E101
KO	COCA COLA CO	168,656 (-1.5%)	$11,791 (+3.8%)	0.3%	$63.52	+9.2%	COM	191216100
CVS	CVS HEALTH CORP	22,237 (-21.7%)	$1,765 (-17.6%)	0.0%	$53.65	+46.6%	COM	126650100
F	FORD MTR CO	533,663 (-5.2%)	$7,002 (+4.0%)	0.2%	$11.25	+14.1%	COM	345370860
BF/B	BROWN FORMAN CORP	14,665 (-38.6%)	$382 (-40.9%)	0.0%	$39.59	-29.3%	CL B	115637209
SYF	SYNCHRONY FINANCIAL	38,565 (-21.1%)	$3,217 (-7.4%)	0.1%	$60.06	+27.1%	COM	87165B103
CAH	CARDINAL HEALTH INC	26,814 (-20.8%)	$5,510 (+3.7%)	0.1%	$115.94	+61.9%	COM	14149Y108
MS	MORGAN STANLEY	38,678 (-8.7%)	$6,867 (+1.9%)	0.2%	$119.51	+39.3%	COM NEW	617446448
MNST	MONSTER BEVERAGE CORP NEW	74,987 (-13.0%)	$5,749 (-0.9%)	0.1%	$54.20	+32.2%	COM	61174X109
NEE	NEXTERA ENERGY INC	116,696 (-5.6%)	$9,368 (+0.4%)	0.2%	$74.31	+11.0%	COM	65339F101

Unchanged Positions (94)

UBS UBS GROUP AG 8.4%

Value ($000) $369,563 Shares 7,922,061 Est. Cost $31.70 Unrealized +27.5%

LIN LINDE PLC 7.2%

Value ($000) $314,994 Shares 738,746 Est. Cost $449.65 Unrealized -5.0%

ALC ALCON AG 4.1%

Value ($000) $180,833 Shares 2,264,092 Est. Cost $89.84 Unrealized -14.3%

TT TRANE TECHNOLOGIES PLC 2.8%

Value ($000) $120,951 Shares 310,768 Est. Cost $388.81 Unrealized +6.4%

GOOGL ALPHABET INC 1.0%

Value ($000) $42,428 Shares 135,552 Est. Cost $174.14 Unrealized +64.0%

AAPL APPLE INC 1.9%

Value ($000) $85,298 Shares 313,758 Est. Cost $234.10 Unrealized +14.6%

MSFT MICROSOFT CORP 1.5%

Value ($000) $66,123 Shares 136,725 Est. Cost $425.20 Unrealized +17.7%

ORCL ORACLE CORP 0.2%

Value ($000) $10,476 Shares 53,750 Est. Cost $175.46 Unrealized +35.7%

ACN ACCENTURE PLC IRELAND 1.0%

Value ($000) $43,374 Shares 161,664 Est. Cost $335.19 Unrealized -24.2%

EL LAUDER ESTEE COS INC 0.5%

Value ($000) $21,211 Shares 202,550 Est. Cost $77.36 Unrealized +25.2%

EWY ISHARES INC 0.4%

Value ($000) $15,911 Shares 162,000 Est. Cost $50.85 Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.2%

Value ($000) $10,104 Shares 47,178 Est. Cost $124.83 Unrealized +79.9%

COTY COTY INC 0.2%

Value ($000) $8,498 Shares 2,700,000 Est. Cost $7.69 Unrealized -52.7%

AMZN AMAZON COM INC 1.1%

Value ($000) $48,441 Shares 209,865 Est. Cost $205.52 Unrealized +11.3%

IR INGERSOLL RAND INC 1.2%

Value ($000) $54,078 Shares 682,627 Est. Cost $96.64 Unrealized -18.3%

— QIAGEN NV 1.4%

Value ($000) $61,407 Shares 1,345,657 Est. Cost $39.66 Unrealized —

HD HOME DEPOT INC 0.2%

Value ($000) $9,097 Shares 26,436 Est. Cost $393.82 Unrealized -7.4%

JNJ JOHNSON & JOHNSON 0.3%

Value ($000) $13,625 Shares 65,835 Est. Cost $149.59 Unrealized +31.7%

AVGO BROADCOM INC 0.8%

Value ($000) $35,062 Shares 101,306 Est. Cost $182.87 Unrealized +95.2%

BAC BANK AMERICA CORP 0.3%

Value ($000) $14,320 Shares 260,363 Est. Cost $42.81 Unrealized +23.0%

ADP AUTOMATIC DATA PROCESSING IN 0.1%

Value ($000) $5,966 Shares 23,192 Est. Cost $287.90 Unrealized -8.0%

COIN COINBASE GLOBAL INC 0.0%

Value ($000) $1,414 Shares 6,251 Est. Cost $339.07 Unrealized -12.1%

JCI JOHNSON CTLS INTL PLC 0.2%

Value ($000) $7,109 Shares 59,369 Est. Cost $79.69 Unrealized +44.1%

JPM JPMORGAN CHASE & CO. 0.5%

Value ($000) $22,565 Shares 70,031 Est. Cost $228.03 Unrealized +35.7%

ISRG INTUITIVE SURGICAL INC 0.1%

Value ($000) $2,251 Shares 3,974 Est. Cost $479.87 Unrealized +10.9%

NVDA NVIDIA CORPORATION 2.2%

Value ($000) $94,673 Shares 507,631 Est. Cost $137.79 Unrealized +35.1%

MDLZ MONDELEZ INTL INC 0.1%

Value ($000) $2,862 Shares 53,164 Est. Cost $63.50 Unrealized -10.1%

SCHW SCHWAB CHARLES CORP 0.2%

Value ($000) $9,503 Shares 95,120 Est. Cost $75.59 Unrealized +25.3%

NKE NIKE INC 0.1%

Value ($000) $3,967 Shares 62,263 Est. Cost $73.79 Unrealized -12.0%

CARR CARRIER GLOBAL CORPORATION 0.1%

Value ($000) $2,831 Shares 53,583 Est. Cost $74.27 Unrealized -25.2%

ETN EATON CORP PLC 0.0%

Value ($000) $1,651 Shares 5,185 Est. Cost $363.27 Unrealized -2.4%

GE GE AEROSPACE 0.3%

Value ($000) $12,310 Shares 39,963 Est. Cost $177.15 Unrealized +69.8%

APH AMPHENOL CORP NEW 0.1%

Value ($000) $3,306 Shares 24,465 Est. Cost $78.72 Unrealized +69.6%

GM GENERAL MTRS CO 0.0%

Value ($000) $978 Shares 12,025 Est. Cost $55.55 Unrealized +26.7%

OTIS OTIS WORLDWIDE CORP 0.1%

Value ($000) $4,833 Shares 55,325 Est. Cost $97.67 Unrealized -8.6%

ABT ABBOTT LABS 0.1%

Value ($000) $3,077 Shares 24,560 Est. Cost $121.61 Unrealized +4.7%

PFE PFIZER INC 0.2%

Value ($000) $8,754 Shares 351,577 Est. Cost $24.80 Unrealized +1.0%

NVR NVR INC 0.0%

Value ($000) $1,984 Shares 272 Est. Cost $7912.76 Unrealized -5.5%

ALHC ALIGNMENT HEALTHCARE INC 0.0%

Value ($000) $1,621 Shares 82,053 Est. Cost $11.69 Unrealized +53.7%

MBLY MOBILEYE GLOBAL INC 0.0%

Value ($000) $529 Shares 50,676 Est. Cost $14.87 Unrealized -16.0%

ABBV ABBVIE INC 0.3%

Value ($000) $13,570 Shares 59,391 Est. Cost $177.59 Unrealized +28.1%

PHM PULTE GROUP INC 0.0%

Value ($000) $1,330 Shares 11,342 Est. Cost $128.60 Unrealized -4.8%

STT STATE STR CORP 0.0%

Value ($000) $1,570 Shares 12,167 Est. Cost $91.24 Unrealized +30.4%

CSX CSX CORP 0.2%

Value ($000) $7,688 Shares 212,086 Est. Cost $33.59 Unrealized +6.3%

LNC LINCOLN NATL CORP IND 0.0%

Value ($000) $1,617 Shares 36,321 Est. Cost $31.25 Unrealized +31.8%

BHF BRIGHTHOUSE FINL INC 0.0%

Value ($000) $757 Shares 11,689 Est. Cost $48.86 Unrealized +20.3%

APO APOLLO GLOBAL MGMT INC 0.0%

Value ($000) $1,511 Shares 10,437 Est. Cost $140.75 Unrealized -5.8%

HST HOST HOTELS & RESORTS INC 0.1%

Value ($000) $2,769 Shares 156,163 Est. Cost $16.11 Unrealized +5.1%

CDNS CADENCE DESIGN SYSTEM INC 0.0%

Value ($000) $877 Shares 2,805 Est. Cost $290.70 Unrealized +12.2%

USB US BANCORP DEL 0.0%

Value ($000) $1,131 Shares 21,201 Est. Cost $46.63 Unrealized +4.5%

SIRI SIRIUSXM HOLDINGS INC 0.0%

Value ($000) $649 Shares 32,483 Est. Cost $25.50 Unrealized -15.7%

JXN JACKSON FINANCIAL INC 0.0%

Value ($000) $1,896 Shares 17,780 Est. Cost $93.73 Unrealized +5.5%

WRB BERKLEY W R CORP 0.0%

Value ($000) $919 Shares 13,103 Est. Cost $57.87 Unrealized +25.7%

DASH DOORDASH INC 0.0%

Value ($000) $406 Shares 1,794 Est. Cost $250.83 Unrealized -6.5%

SITC SITE CTRS CORP 0.0%

Value ($000) $201 Shares 31,269 Est. Cost $9.01 Unrealized —

AMGN AMGEN INC 0.0%

Value ($000) $551 Shares 1,683 Est. Cost $286.05 Unrealized +10.5%

PPC PILGRIMS PRIDE CORP 0.0%

Value ($000) $1,541 Shares 39,521 Est. Cost $45.36 Unrealized -15.2%

CBRE CBRE GROUP INC 0.1%

Value ($000) $3,342 Shares 20,782 Est. Cost $130.93 Unrealized +20.1%

ITW ILLINOIS TOOL WKS INC 0.0%

Value ($000) $1,138 Shares 4,622 Est. Cost $257.33 Unrealized -3.8%

LAUR LAUREATE EDUCATION INC 0.0%

Value ($000) $1,025 Shares 30,451 Est. Cost $17.54 Unrealized +76.0%

UNIT UNITI GROUP LLC 0.0%

Value ($000) $495 Shares 70,655 Est. Cost $7.16 Unrealized -11.5%

DOW DOW INC 0.1%

Value ($000) $3,051 Shares 130,500 Est. Cost $32.15 Unrealized -29.2%

HWM HOWMET AEROSPACE INC 0.0%

Value ($000) $1,311 Shares 6,395 Est. Cost $182.11 Unrealized +9.3%

HUM HUMANA INC 0.1%

Value ($000) $3,483 Shares 13,599 Est. Cost $246.72 Unrealized +5.9%

MDT MEDTRONIC PLC 0.1%

Value ($000) $6,384 Shares 66,461 Est. Cost $83.82 Unrealized +15.9%

ABNB AIRBNB INC 0.0%

Value ($000) $500 Shares 3,686 Est. Cost $126.67 Unrealized -1.7%

STWD STARWOOD PPTY TR INC 0.0%

Value ($000) $606 Shares 33,660 Est. Cost $18.95 Unrealized —

C CITIGROUP INC 0.0%

Value ($000) $343 Shares 2,936 Est. Cost $65.38 Unrealized +58.5%

SNPS SYNOPSYS INC 0.0%

Value ($000) $861 Shares 1,832 Est. Cost $565.30 Unrealized -21.4%

ACGL ARCH CAP GROUP LTD 0.0%

Value ($000) $765 Shares 7,980 Est. Cost $92.27 Unrealized -0.8%

MA MASTERCARD INCORPORATED 0.3%

Value ($000) $11,359 Shares 19,898 Est. Cost $534.25 Unrealized +4.6%

EWT ISHARES INC 0.3%

Value ($000) $14,299 Shares 225,000 Est. Cost $52.03 Unrealized —

WOR WORTHINGTON ENTERPRISES INC 0.0%

Value ($000) $475 Shares 9,217 Est. Cost $40.49 Unrealized +36.3%

ADM ARCHER DANIELS MIDLAND CO 0.0%

Value ($000) $888 Shares 15,444 Est. Cost $51.78 Unrealized +14.9%

ALLY ALLY FINL INC 0.0%

Value ($000) $258 Shares 5,704 Est. Cost $34.81 Unrealized +17.2%

CRCT CRICUT INC 0.0%

Value ($000) $124 Shares 24,965 Est. Cost $4.96 Unrealized +0.8%

WSM WILLIAMS SONOMA INC 0.0%

Value ($000) $344 Shares 1,927 Est. Cost $156.19 Unrealized +19.9%

HBAN HUNTINGTON BANCSHARES INC 0.1%

Value ($000) $6,231 Shares 359,122 Est. Cost $15.64 Unrealized +4.1%

AFG AMERICAN FINL GROUP INC OHIO 0.0%

Value ($000) $393 Shares 2,876 Est. Cost $125.97 Unrealized +6.0%

VMC VULCAN MATLS CO 0.0%

Value ($000) $330 Shares 1,156 Est. Cost $256.02 Unrealized +14.5%

DIS DISNEY WALT CO 0.1%

Value ($000) $3,835 Shares 33,706 Est. Cost $113.51 Unrealized -3.5%

SBUX STARBUCKS CORP 0.1%

Value ($000) $5,225 Shares 62,044 Est. Cost $95.12 Unrealized -11.6%

CI THE CIGNA GROUP 0.0%

Value ($000) $484 Shares 1,757 Est. Cost $311.40 Unrealized -10.3%

TXN TEXAS INSTRS INC 0.0%

Value ($000) $367 Shares 2,114 Est. Cost $193.15 Unrealized -11.6%

BKNG BOOKING HOLDINGS INC 0.1%

Value ($000) $2,426 Shares 453 Est. Cost $4749.08 Unrealized +8.2%

IDXX IDEXX LABS INC 0.0%

Value ($000) $332 Shares 491 Est. Cost $438.63 Unrealized +55.3%

BCC BOISE CASCADE CO DEL 0.0%

Value ($000) $337 Shares 4,585 Est. Cost $136.61 Unrealized -46.7%

FERG FERGUSON ENTERPRISES INC 0.0%

Value ($000) $1,267 Shares 5,693 Est. Cost $194.46 Unrealized +22.4%

EMR EMERSON ELEC CO 0.0%

Value ($000) $779 Shares 5,871 Est. Cost $119.02 Unrealized +11.2%

CME CME GROUP INC 0.0%

Value ($000) $774 Shares 2,833 Est. Cost $268.48 Unrealized +0.8%

SBRA SABRA HEALTH CARE REIT INC 0.0%

Value ($000) $502 Shares 26,531 Est. Cost $17.32 Unrealized —

XIFR XPLR INFRASTRUCTURE LP 0.0%

Value ($000) $412 Shares 41,157 Est. Cost $9.67 Unrealized +0.2%

HROW HARROW INC 0.0%

Value ($000) $270 Shares 5,515 Est. Cost $42.69 Unrealized -1.7%

AHH ARMADA HOFFLER PPTYS INC 0.0%

Value ($000) $71 Shares 10,730 Est. Cost $10.23 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UBS	UBS GROUP AG	7,922,061	$369,563	8.4%	$31.70	+27.5%	SHS	H42097107
LIN	LINDE PLC	738,746	$314,994	7.2%	$449.65	-5.0%	SHS	G54950103
ALC	ALCON AG	2,264,092	$180,833	4.1%	$89.84	-14.3%	ORD SHS	H01301128
TT	TRANE TECHNOLOGIES PLC	310,768	$120,951	2.8%	$388.81	+6.4%	SHS	G8994E103
GOOGL	ALPHABET INC	135,552	$42,428	1.0%	$174.14	+64.0%	CAP STK CL A	02079K305
AAPL	APPLE INC	313,758	$85,298	1.9%	$234.10	+14.6%	COM	037833100
MSFT	MICROSOFT CORP	136,725	$66,123	1.5%	$425.20	+17.7%	COM	594918104
ORCL	ORACLE CORP	53,750	$10,476	0.2%	$175.46	+35.7%	COM	68389X105
ACN	ACCENTURE PLC IRELAND	161,664	$43,374	1.0%	$335.19	-24.2%	SHS CLASS A	G1151C101
EL	LAUDER ESTEE COS INC	202,550	$21,211	0.5%	$77.36	+25.2%	CL A	518439104
EWY	ISHARES INC	162,000	$15,911	0.4%	$50.85	—	MSCI STH KOR ETF	464286772
AMD	ADVANCED MICRO DEVICES INC	47,178	$10,104	0.2%	$124.83	+79.9%	COM	007903107
COTY	COTY INC	2,700,000	$8,498	0.2%	$7.69	-52.7%	COM CL A	222070203
AMZN	AMAZON COM INC	209,865	$48,441	1.1%	$205.52	+11.3%	COM	023135106
IR	INGERSOLL RAND INC	682,627	$54,078	1.2%	$96.64	-18.3%	COM	45687V106
—	QIAGEN NV	1,345,657	$61,407	1.4%	$39.66	—	COM SHS	N72482206
HD	HOME DEPOT INC	26,436	$9,097	0.2%	$393.82	-7.4%	COM	437076102
JNJ	JOHNSON & JOHNSON	65,835	$13,625	0.3%	$149.59	+31.7%	COM	478160104
AVGO	BROADCOM INC	101,306	$35,062	0.8%	$182.87	+95.2%	COM	11135F101
BAC	BANK AMERICA CORP	260,363	$14,320	0.3%	$42.81	+23.0%	COM	060505104
ADP	AUTOMATIC DATA PROCESSING IN	23,192	$5,966	0.1%	$287.90	-8.0%	COM	053015103
COIN	COINBASE GLOBAL INC	6,251	$1,414	0.0%	$339.07	-12.1%	COM CL A	19260Q107
JCI	JOHNSON CTLS INTL PLC	59,369	$7,109	0.2%	$79.69	+44.1%	SHS	G51502105
JPM	JPMORGAN CHASE & CO.	70,031	$22,565	0.5%	$228.03	+35.7%	COM	46625H100
ISRG	INTUITIVE SURGICAL INC	3,974	$2,251	0.1%	$479.87	+10.9%	COM NEW	46120E602
NVDA	NVIDIA CORPORATION	507,631	$94,673	2.2%	$137.79	+35.1%	COM	67066G104
MDLZ	MONDELEZ INTL INC	53,164	$2,862	0.1%	$63.50	-10.1%	CL A	609207105
SCHW	SCHWAB CHARLES CORP	95,120	$9,503	0.2%	$75.59	+25.3%	COM	808513105
NKE	NIKE INC	62,263	$3,967	0.1%	$73.79	-12.0%	CL B	654106103
CARR	CARRIER GLOBAL CORPORATION	53,583	$2,831	0.1%	$74.27	-25.2%	COM	14448C104
ETN	EATON CORP PLC	5,185	$1,651	0.0%	$363.27	-2.4%	SHS	G29183103
GE	GE AEROSPACE	39,963	$12,310	0.3%	$177.15	+69.8%	COM NEW	369604301
APH	AMPHENOL CORP NEW	24,465	$3,306	0.1%	$78.72	+69.6%	CL A	032095101
GM	GENERAL MTRS CO	12,025	$978	0.0%	$55.55	+26.7%	COM	37045V100
OTIS	OTIS WORLDWIDE CORP	55,325	$4,833	0.1%	$97.67	-8.6%	COM	68902V107
ABT	ABBOTT LABS	24,560	$3,077	0.1%	$121.61	+4.7%	COM	002824100
PFE	PFIZER INC	351,577	$8,754	0.2%	$24.80	+1.0%	COM	717081103
NVR	NVR INC	272	$1,984	0.0%	$7912.76	-5.5%	COM	62944T105
ALHC	ALIGNMENT HEALTHCARE INC	82,053	$1,621	0.0%	$11.69	+53.7%	COM	01625V104
MBLY	MOBILEYE GLOBAL INC	50,676	$529	0.0%	$14.87	-16.0%	COMMON CLASS A	60741F104
ABBV	ABBVIE INC	59,391	$13,570	0.3%	$177.59	+28.1%	COM	00287Y109
PHM	PULTE GROUP INC	11,342	$1,330	0.0%	$128.60	-4.8%	COM	745867101
STT	STATE STR CORP	12,167	$1,570	0.0%	$91.24	+30.4%	COM	857477103
CSX	CSX CORP	212,086	$7,688	0.2%	$33.59	+6.3%	COM	126408103
LNC	LINCOLN NATL CORP IND	36,321	$1,617	0.0%	$31.25	+31.8%	COM	534187109
BHF	BRIGHTHOUSE FINL INC	11,689	$757	0.0%	$48.86	+20.3%	COM	10922N103
APO	APOLLO GLOBAL MGMT INC	10,437	$1,511	0.0%	$140.75	-5.8%	COM	03769M106
HST	HOST HOTELS & RESORTS INC	156,163	$2,769	0.1%	$16.11	+5.1%	COM	44107P104
CDNS	CADENCE DESIGN SYSTEM INC	2,805	$877	0.0%	$290.70	+12.2%	COM	127387108
USB	US BANCORP DEL	21,201	$1,131	0.0%	$46.63	+4.5%	COM NEW	902973304
SIRI	SIRIUSXM HOLDINGS INC	32,483	$649	0.0%	$25.50	-15.7%	COMMON STOCK	829933100
JXN	JACKSON FINANCIAL INC	17,780	$1,896	0.0%	$93.73	+5.5%	COM CL A	46817M107
WRB	BERKLEY W R CORP	13,103	$919	0.0%	$57.87	+25.7%	COM	084423102
DASH	DOORDASH INC	1,794	$406	0.0%	$250.83	-6.5%	CL A	25809K105
SITC	SITE CTRS CORP	31,269	$201	0.0%	$9.01	—	COM	82981J851
AMGN	AMGEN INC	1,683	$551	0.0%	$286.05	+10.5%	COM	031162100
PPC	PILGRIMS PRIDE CORP	39,521	$1,541	0.0%	$45.36	-15.2%	COM	72147K108
CBRE	CBRE GROUP INC	20,782	$3,342	0.1%	$130.93	+20.1%	CL A	12504L109
ITW	ILLINOIS TOOL WKS INC	4,622	$1,138	0.0%	$257.33	-3.8%	COM	452308109
LAUR	LAUREATE EDUCATION INC	30,451	$1,025	0.0%	$17.54	+76.0%	COMMON STOCK	518613203
UNIT	UNITI GROUP LLC	70,655	$495	0.0%	$7.16	-11.5%	COM SHS	912932100
DOW	DOW INC	130,500	$3,051	0.1%	$32.15	-29.2%	COM	260557103
HWM	HOWMET AEROSPACE INC	6,395	$1,311	0.0%	$182.11	+9.3%	COM	443201108
HUM	HUMANA INC	13,599	$3,483	0.1%	$246.72	+5.9%	COM	444859102
MDT	MEDTRONIC PLC	66,461	$6,384	0.1%	$83.82	+15.9%	SHS	G5960L103
ABNB	AIRBNB INC	3,686	$500	0.0%	$126.67	-1.7%	COM CL A	009066101
STWD	STARWOOD PPTY TR INC	33,660	$606	0.0%	$18.95	—	COM	85571B105
C	CITIGROUP INC	2,936	$343	0.0%	$65.38	+58.5%	COM NEW	172967424
SNPS	SYNOPSYS INC	1,832	$861	0.0%	$565.30	-21.4%	COM	871607107
ACGL	ARCH CAP GROUP LTD	7,980	$765	0.0%	$92.27	-0.8%	ORD	G0450A105
MA	MASTERCARD INCORPORATED	19,898	$11,359	0.3%	$534.25	+4.6%	CL A	57636Q104
EWT	ISHARES INC	225,000	$14,299	0.3%	$52.03	—	MSCI TAIWAN ETF	46434G772
WOR	WORTHINGTON ENTERPRISES INC	9,217	$475	0.0%	$40.49	+36.3%	COM	981811102
ADM	ARCHER DANIELS MIDLAND CO	15,444	$888	0.0%	$51.78	+14.9%	COM	039483102
ALLY	ALLY FINL INC	5,704	$258	0.0%	$34.81	+17.2%	COM	02005N100
CRCT	CRICUT INC	24,965	$124	0.0%	$4.96	+0.8%	COM CL A	22658D100
WSM	WILLIAMS SONOMA INC	1,927	$344	0.0%	$156.19	+19.9%	COM	969904101
HBAN	HUNTINGTON BANCSHARES INC	359,122	$6,231	0.1%	$15.64	+4.1%	COM	446150104
AFG	AMERICAN FINL GROUP INC OHIO	2,876	$393	0.0%	$125.97	+6.0%	COM	025932104
VMC	VULCAN MATLS CO	1,156	$330	0.0%	$256.02	+14.5%	COM	929160109
DIS	DISNEY WALT CO	33,706	$3,835	0.1%	$113.51	-3.5%	COM	254687106
SBUX	STARBUCKS CORP	62,044	$5,225	0.1%	$95.12	-11.6%	COM	855244109
CI	THE CIGNA GROUP	1,757	$484	0.0%	$311.40	-10.3%	COM	125523100
TXN	TEXAS INSTRS INC	2,114	$367	0.0%	$193.15	-11.6%	COM	882508104
BKNG	BOOKING HOLDINGS INC	453	$2,426	0.1%	$4749.08	+8.2%	COM	09857L108
IDXX	IDEXX LABS INC	491	$332	0.0%	$438.63	+55.3%	COM	45168D104
BCC	BOISE CASCADE CO DEL	4,585	$337	0.0%	$136.61	-46.7%	COM	09739D100
FERG	FERGUSON ENTERPRISES INC	5,693	$1,267	0.0%	$194.46	+22.4%	COMMON STOCK NEW	31488V107
EMR	EMERSON ELEC CO	5,871	$779	0.0%	$119.02	+11.2%	COM	291011104
CME	CME GROUP INC	2,833	$774	0.0%	$268.48	+0.8%	COM	12572Q105
SBRA	SABRA HEALTH CARE REIT INC	26,531	$502	0.0%	$17.32	—	COM	78573L106
XIFR	XPLR INFRASTRUCTURE LP	41,157	$412	0.0%	$9.67	+0.2%	COM UNIT PART IN	65341B106
HROW	HARROW INC	5,515	$270	0.0%	$42.69	-1.7%	COM	415858109
AHH	ARMADA HOFFLER PPTYS INC	10,730	$71	0.0%	$10.23	—	COM	04208T108