CAPITAL INTERNATIONAL LTD /CA/ Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TTE	TOTALENERGIES SE	553,107	$36,130	1.3%	$63.23	0.0%	ACT	F92124100
ECL	ECOLAB INC	62,366	$16,372	0.6%	$265.71	0.0%	COM	278865100
WMT	WALMART INC	57,231	$6,376	0.2%	$107.20	0.0%	COM	931142103
RDDT	REDDIT INC	26,929	$6,190	0.2%	$210.30	0.0%	CL A	75734B100
MDB	MONGODB INC	13,907	$5,837	0.2%	$363.83	0.0%	CL A	60937P106
INTC	INTEL CORP	141,492	$5,221	0.2%	$37.76	0.0%	COM	458140100
AXP	AMERICAN EXPRESS CO	10,305	$3,812	0.1%	$356.97	0.0%	COM	025816109
TT	TRANE TECHNOLOGIES PLC	9,379	$3,650	0.1%	$413.59	0.0%	SHS	G8994E103
WELL	WELLTOWER INC	18,909	$3,510	0.1%	$186.47	0.0%	COM	95040Q104
HPE	HEWLETT PACKARD ENTERPRISE C	122,322	$2,938	0.1%	$23.44	0.0%	COM	42824C109
LOAR	LOAR HOLDINGS INC	39,921	$2,715	0.1%	$72.91	0.0%	COM SHS	53947R105
IT	GARTNER INC	4,989	$1,259	0.0%	$240.69	0.0%	COM	366651107
STZ	CONSTELLATION BRANDS INC	6,679	$921	0.0%	$136.84	0.0%	CL A	21036P108

Increased Positions (70)

NFLX NETFLIX INC 1.5%

Value ($000) $41,825 (-44.3%) Shares 446,090 (+612.2%) Est. Cost $97.82 Unrealized +10.2%

NVDA NVIDIA CORPORATION 4.1%

Value ($000) $116,885 (+34.4%) Shares 626,727 (+34.5%) Est. Cost $121.43 Unrealized +53.3%

LLY ELI LILLY & CO 2.8%

Value ($000) $78,706 (+50.1%) Shares 73,237 (+6.5%) Est. Cost $339.74 Unrealized +181.3%

AMZN AMAZON COM INC 2.2%

Value ($000) $63,192 (+47.3%) Shares 273,771 (+40.2%) Est. Cost $185.31 Unrealized +23.5%

AAPL APPLE INC 1.0%

Value ($000) $28,776 (+95.4%) Shares 105,850 (+83.0%) Est. Cost $214.92 Unrealized +24.9%

MU MICRON TECHNOLOGY INC 0.9%

Value ($000) $26,047 (+109.1%) Shares 91,260 (+22.6%) Est. Cost $106.86 Unrealized +114.6%

DE DEERE & CO 0.7%

Value ($000) $18,487 (+262.6%) Shares 39,708 (+256.1%) Est. Cost $444.13 Unrealized +5.3%

BAC BANK AMERICA CORP 1.2%

Value ($000) $32,974 (+58.6%) Shares 599,536 (+48.7%) Est. Cost $38.50 Unrealized +36.8%

CRM SALESFORCE INC 1.2%

Value ($000) $32,915 (+52.9%) Shares 124,250 (+36.8%) Est. Cost $223.47 Unrealized +11.1%

KKR KKR & CO INC 0.4%

Value ($000) $10,534 (+698.8%) Shares 82,636 (+714.2%) Est. Cost $123.35 Unrealized +0.8%

ISRG INTUITIVE SURGICAL INC 1.3%

Value ($000) $36,970 (+28.8%) Shares 65,276 (+1.7%) Est. Cost $288.78 Unrealized +84.4%

FTAI FTAI AVIATION LTD 0.6%

Value ($000) $15,757 (+103.1%) Shares 80,044 (+72.1%) Est. Cost $143.66 Unrealized +18.5%

MSFT MICROSOFT CORP 5.7%

Value ($000) $160,456 (-4.6%) Shares 331,782 (+2.2%) Est. Cost $184.36 Unrealized +171.5%

V VISA INC 1.5%

Value ($000) $42,358 (+22.3%) Shares 120,779 (+19.0%) Est. Cost $241.34 Unrealized +41.0%

META META PLATFORMS INC 6.4%

Value ($000) $181,534 (-3.8%) Shares 275,014 (+7.1%) Est. Cost $252.58 Unrealized +164.2%

SHOP SHOPIFY INC 2.2%

Value ($000) $62,488 (+12.9%) Shares 388,196 (+4.2%) Est. Cost $68.50 Unrealized +134.4%

TMO THERMO FISHER SCIENTIFIC INC 1.2%

Value ($000) $33,566 (+23.4%) Shares 57,928 (+3.3%) Est. Cost $423.76 Unrealized +33.4%

KO COCA COLA CO 0.4%

Value ($000) $10,441 (+124.6%) Shares 149,350 (+113.0%) Est. Cost $67.11 Unrealized +3.4%

ICE INTERCONTINENTAL EXCHANGE IN 0.2%

Value ($000) $6,879 (+326.5%) Shares 42,475 (+343.6%) Est. Cost $159.84 Unrealized -2.3%

YUM YUM BRANDS INC 0.5%

Value ($000) $13,469 (+57.8%) Shares 89,034 (+58.5%) Est. Cost $123.28 Unrealized +19.8%

QSR RESTAURANT BRANDS INTL INC 0.7%

Value ($000) $19,664 (+31.7%) Shares 288,203 (+23.8%) Est. Cost $61.64 Unrealized +11.8%

SPGI S&P GLOBAL INC 0.5%

Value ($000) $15,013 (+45.6%) Shares 28,729 (+35.6%) Est. Cost $426.28 Unrealized +15.9%

MTD METTLER TOLEDO INTERNATIONAL 0.5%

Value ($000) $14,472 (+47.9%) Shares 10,380 (+30.2%) Est. Cost $1175.72 Unrealized +18.8%

ICLR ICON PLC 0.2%

Value ($000) $5,329 (+596.7%) Shares 29,246 (+569.1%) Est. Cost $176.48 Unrealized +0.9%

RPRX ROYALTY PHARMA PLC 0.4%

Value ($000) $11,655 (+61.6%) Shares 301,623 (+47.6%) Est. Cost $34.79 Unrealized +9.6%

MA MASTERCARD INCORPORATED 1.0%

Value ($000) $27,925 (+17.9%) Shares 48,915 (+17.5%) Est. Cost $371.25 Unrealized +50.6%

MDLZ MONDELEZ INTL INC 0.5%

Value ($000) $13,558 (+43.2%) Shares 251,874 (+66.1%) Est. Cost $56.63 Unrealized +0.8%

MAR MARRIOTT INTL INC NEW 0.4%

Value ($000) $10,435 (+61.9%) Shares 33,635 (+35.9%) Est. Cost $251.78 Unrealized +13.3%

PFE PFIZER INC 0.4%

Value ($000) $10,396 (+54.8%) Shares 417,499 (+58.4%) Est. Cost $29.67 Unrealized -15.6%

AJG GALLAGHER ARTHUR J & CO 0.7%

Value ($000) $20,964 (+21.0%) Shares 81,007 (+44.8%) Est. Cost $232.96 Unrealized +13.4%

CPRT COPART INC 0.6%

Value ($000) $15,729 (+29.2%) Shares 401,757 (+48.4%) Est. Cost $39.06 Unrealized +6.2%

C CITIGROUP INC 0.9%

Value ($000) $24,789 (+16.1%) Shares 212,434 (+1.0%) Est. Cost $61.37 Unrealized +68.9%

ALGN ALIGN TECHNOLOGY INC 0.3%

Value ($000) $8,931 (+57.7%) Shares 57,194 (+26.5%) Est. Cost $162.21 Unrealized -11.7%

GE GE AEROSPACE 1.2%

Value ($000) $34,353 (+10.1%) Shares 111,524 (+7.5%) Est. Cost $144.62 Unrealized +108.0%

ITT ITT INC 0.3%

Value ($000) $8,734 (+54.3%) Shares 50,338 (+59.0%) Est. Cost $128.97 Unrealized +38.9%

BSX BOSTON SCIENTIFIC CORP 0.8%

Value ($000) $22,776 (+14.6%) Shares 238,865 (+17.3%) Est. Cost $82.87 Unrealized +18.3%

SHW SHERWIN WILLIAMS CO 0.7%

Value ($000) $20,647 (+15.6%) Shares 63,719 (+23.5%) Est. Cost $266.35 Unrealized +25.4%

ACN ACCENTURE PLC IRELAND 0.1%

Value ($000) $3,853 (+227.0%) Shares 14,359 (+200.5%) Est. Cost $272.56 Unrealized -6.8%

EPAM EPAM SYS INC 0.2%

Value ($000) $4,562 (+136.9%) Shares 22,269 (+74.3%) Est. Cost $226.39 Unrealized -21.3%

ONC BEONE MEDICINES LTD 0.7%

Value ($000) $20,575 (-9.6%) Shares 67,722 (+1.4%) Est. Cost $170.48 Unrealized —

TDG TRANSDIGM GROUP INC 1.1%

Value ($000) $31,654 (+7.3%) Shares 23,803 (+6.3%) Est. Cost $806.24 Unrealized +62.6%

LHX L3HARRIS TECHNOLOGIES INC 0.4%

Value ($000) $11,051 (+23.1%) Shares 37,644 (+28.0%) Est. Cost $231.68 Unrealized +24.5%

DUOL DUOLINGO INC 0.1%

Value ($000) $2,700 (-41.8%) Shares 15,386 (+6.8%) Est. Cost $361.19 Unrealized -34.8%

ULS UL SOLUTIONS INC 0.3%

Value ($000) $9,108 (+26.7%) Shares 115,495 (+13.8%) Est. Cost $52.34 Unrealized +53.4%

NOW SERVICENOW INC 0.7%

Value ($000) $19,369 (-8.8%) Shares 126,437 (+447.6%) Est. Cost $154.31 Unrealized +11.2%

BN BROOKFIELD CORP 0.3%

Value ($000) $7,666 (-19.2%) Shares 167,059 (+20.8%) Est. Cost $29.55 Unrealized +54.1%

APH AMPHENOL CORP NEW 0.3%

Value ($000) $7,573 (+31.3%) Shares 56,041 (+20.2%) Est. Cost $113.46 Unrealized +17.7%

ABT ABBOTT LABS 0.7%

Value ($000) $20,126 (+9.7%) Shares 160,633 (+17.3%) Est. Cost $98.92 Unrealized +28.7%

KEYS KEYSIGHT TECHNOLOGIES INC 0.3%

Value ($000) $8,010 (+28.0%) Shares 39,423 (+10.2%) Est. Cost $154.84 Unrealized +19.8%

MELI MERCADOLIBRE INC 1.1%

Value ($000) $32,567 (+5.2%) Shares 16,168 (+22.0%) Est. Cost $1463.65 Unrealized +43.5%

RCL ROYAL CARIBBEAN GROUP 1.8%

Value ($000) $51,971 (-2.7%) Shares 186,329 (+12.9%) Est. Cost $119.09 Unrealized +136.4%

ABBV ABBVIE INC 0.2%

Value ($000) $5,779 (+31.6%) Shares 25,292 (+33.4%) Est. Cost $172.29 Unrealized +32.1%

VLTO VERALTO CORP 0.1%

Value ($000) $2,337 (+125.7%) Shares 23,420 (+141.1%) Est. Cost $94.98 Unrealized +6.3%

CNQ CANADIAN NAT RES LTD 0.1%

Value ($000) $3,733 (+42.4%) Shares 110,226 (+34.4%) Est. Cost $31.65 Unrealized +2.5%

CNI CANADIAN NATL RY CO 0.2%

Value ($000) $6,091 (+22.1%) Shares 61,579 (+16.4%) Est. Cost $113.17 Unrealized -15.0%

LIN LINDE PLC 0.8%

Value ($000) $21,997 (-4.7%) Shares 51,588 (+6.2%) Est. Cost $359.71 Unrealized +18.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $6,349 (+19.8%) Shares 12,631 (+19.9%) Est. Cost $505.12 Unrealized -1.5%

HD HOME DEPOT INC 0.4%

Value ($000) $10,787 (+10.2%) Shares 31,347 (+29.8%) Est. Cost $276.38 Unrealized +31.9%

SBUX STARBUCKS CORP 0.8%

Value ($000) $22,744 (+4.3%) Shares 270,090 (+4.8%) Est. Cost $89.72 Unrealized -6.3%

EFX EQUIFAX INC 0.2%

Value ($000) $6,332 (+15.9%) Shares 29,182 (+37.0%) Est. Cost $177.34 Unrealized +23.3%

TTEK TETRA TECH INC NEW 0.2%

Value ($000) $4,462 (+18.4%) Shares 133,039 (+17.8%) Est. Cost $35.97 Unrealized -6.0%

ARM ARM HOLDINGS PLC 0.1%

Value ($000) $2,930 (-18.7%) Shares 26,804 (+5.2%) Est. Cost $106.91 Unrealized —

SLB SLB LIMITED 0.2%

Value ($000) $4,738 (+15.9%) Shares 123,445 (+3.8%) Est. Cost $38.30 Unrealized -5.9%

MCD MCDONALDS CORP 0.5%

Value ($000) $12,782 (+4.5%) Shares 41,821 (+3.9%) Est. Cost $259.04 Unrealized +17.8%

IBM INTERNATIONAL BUSINESS MACHS 0.3%

Value ($000) $7,601 (+7.4%) Shares 25,660 (+2.3%) Est. Cost $260.45 Unrealized +14.7%

IP INTERNATIONAL PAPER CO 0.0%

Value ($000) $1,390 (+38.5%) Shares 35,285 (+63.2%) Est. Cost $44.00 Unrealized -7.1%

PM PHILIP MORRIS INTL INC 0.2%

Value ($000) $5,902 (+5.3%) Shares 36,797 (+6.5%) Est. Cost $94.80 Unrealized +62.0%

SOBO SOUTH BOW CORP 0.1%

Value ($000) $1,831 (+16.8%) Shares 66,555 (+20.1%) Est. Cost $24.08 Unrealized +12.8%

COP CONOCOPHILLIPS 0.2%

Value ($000) $5,680 (+4.5%) Shares 60,680 (+5.6%) Est. Cost $65.96 Unrealized +36.5%

ZBH ZIMMER BIOMET HOLDINGS INC 0.1%

Value ($000) $2,228 (+4.2%) Shares 24,782 (+14.2%) Est. Cost $95.79 Unrealized -1.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NFLX	NETFLIX INC	446,090 (+612.2%)	$41,825 (-44.3%)	1.5%	$97.82	+10.2%	COM	64110L106
NVDA	NVIDIA CORPORATION	626,727 (+34.5%)	$116,885 (+34.4%)	4.1%	$121.43	+53.3%	COM	67066G104
LLY	ELI LILLY & CO	73,237 (+6.5%)	$78,706 (+50.1%)	2.8%	$339.74	+181.3%	COM	532457108
AMZN	AMAZON COM INC	273,771 (+40.2%)	$63,192 (+47.3%)	2.2%	$185.31	+23.5%	COM	023135106
AAPL	APPLE INC	105,850 (+83.0%)	$28,776 (+95.4%)	1.0%	$214.92	+24.9%	COM	037833100
MU	MICRON TECHNOLOGY INC	91,260 (+22.6%)	$26,047 (+109.1%)	0.9%	$106.86	+114.6%	COM	595112103
DE	DEERE & CO	39,708 (+256.1%)	$18,487 (+262.6%)	0.7%	$444.13	+5.3%	COM	244199105
BAC	BANK AMERICA CORP	599,536 (+48.7%)	$32,974 (+58.6%)	1.2%	$38.50	+36.8%	COM	060505104
CRM	SALESFORCE INC	124,250 (+36.8%)	$32,915 (+52.9%)	1.2%	$223.47	+11.1%	COM	79466L302
KKR	KKR & CO INC	82,636 (+714.2%)	$10,534 (+698.8%)	0.4%	$123.35	+0.8%	COM	48251W104
ISRG	INTUITIVE SURGICAL INC	65,276 (+1.7%)	$36,970 (+28.8%)	1.3%	$288.78	+84.4%	COM NEW	46120E602
FTAI	FTAI AVIATION LTD	80,044 (+72.1%)	$15,757 (+103.1%)	0.6%	$143.66	+18.5%	SHS	G3730V105
MSFT	MICROSOFT CORP	331,782 (+2.2%)	$160,456 (-4.6%)	5.7%	$184.36	+171.5%	COM	594918104
V	VISA INC	120,779 (+19.0%)	$42,358 (+22.3%)	1.5%	$241.34	+41.0%	COM CL A	92826C839
META	META PLATFORMS INC	275,014 (+7.1%)	$181,534 (-3.8%)	6.4%	$252.58	+164.2%	CL A	30303M102
SHOP	SHOPIFY INC	388,196 (+4.2%)	$62,488 (+12.9%)	2.2%	$68.50	+134.4%	CL A SUB VTG SHS	82509L107
TMO	THERMO FISHER SCIENTIFIC INC	57,928 (+3.3%)	$33,566 (+23.4%)	1.2%	$423.76	+33.4%	COM	883556102
KO	COCA COLA CO	149,350 (+113.0%)	$10,441 (+124.6%)	0.4%	$67.11	+3.4%	COM	191216100
ICE	INTERCONTINENTAL EXCHANGE IN	42,475 (+343.6%)	$6,879 (+326.5%)	0.2%	$159.84	-2.3%	COM	45866F104
YUM	YUM BRANDS INC	89,034 (+58.5%)	$13,469 (+57.8%)	0.5%	$123.28	+19.8%	COM	988498101
QSR	RESTAURANT BRANDS INTL INC	288,203 (+23.8%)	$19,664 (+31.7%)	0.7%	$61.64	+11.8%	COM	76131D103
SPGI	S&P GLOBAL INC	28,729 (+35.6%)	$15,013 (+45.6%)	0.5%	$426.28	+15.9%	COM	78409V104
MTD	METTLER TOLEDO INTERNATIONAL	10,380 (+30.2%)	$14,472 (+47.9%)	0.5%	$1175.72	+18.8%	COM	592688105
ICLR	ICON PLC	29,246 (+569.1%)	$5,329 (+596.7%)	0.2%	$176.48	+0.9%	SHS	G4705A100
RPRX	ROYALTY PHARMA PLC	301,623 (+47.6%)	$11,655 (+61.6%)	0.4%	$34.79	+9.6%	SHS CLASS A	G7709Q104
MA	MASTERCARD INCORPORATED	48,915 (+17.5%)	$27,925 (+17.9%)	1.0%	$371.25	+50.6%	CL A	57636Q104
MDLZ	MONDELEZ INTL INC	251,874 (+66.1%)	$13,558 (+43.2%)	0.5%	$56.63	+0.8%	CL A	609207105
MAR	MARRIOTT INTL INC NEW	33,635 (+35.9%)	$10,435 (+61.9%)	0.4%	$251.78	+13.3%	CL A	571903202
PFE	PFIZER INC	417,499 (+58.4%)	$10,396 (+54.8%)	0.4%	$29.67	-15.6%	COM	717081103
AJG	GALLAGHER ARTHUR J & CO	81,007 (+44.8%)	$20,964 (+21.0%)	0.7%	$232.96	+13.4%	COM	363576109
CPRT	COPART INC	401,757 (+48.4%)	$15,729 (+29.2%)	0.6%	$39.06	+6.2%	COM	217204106
C	CITIGROUP INC	212,434 (+1.0%)	$24,789 (+16.1%)	0.9%	$61.37	+68.9%	COM NEW	172967424
ALGN	ALIGN TECHNOLOGY INC	57,194 (+26.5%)	$8,931 (+57.7%)	0.3%	$162.21	-11.7%	COM	016255101
GE	GE AEROSPACE	111,524 (+7.5%)	$34,353 (+10.1%)	1.2%	$144.62	+108.0%	COM NEW	369604301
ITT	ITT INC	50,338 (+59.0%)	$8,734 (+54.3%)	0.3%	$128.97	+38.9%	COM	45073V108
BSX	BOSTON SCIENTIFIC CORP	238,865 (+17.3%)	$22,776 (+14.6%)	0.8%	$82.87	+18.3%	COM	101137107
SHW	SHERWIN WILLIAMS CO	63,719 (+23.5%)	$20,647 (+15.6%)	0.7%	$266.35	+25.4%	COM	824348106
ACN	ACCENTURE PLC IRELAND	14,359 (+200.5%)	$3,853 (+227.0%)	0.1%	$272.56	-6.8%	SHS CLASS A	G1151C101
EPAM	EPAM SYS INC	22,269 (+74.3%)	$4,562 (+136.9%)	0.2%	$226.39	-21.3%	COM	29414B104
ONC	BEONE MEDICINES LTD	67,722 (+1.4%)	$20,575 (-9.6%)	0.7%	$170.48	—	SPONSORED ADS	07725L102
TDG	TRANSDIGM GROUP INC	23,803 (+6.3%)	$31,654 (+7.3%)	1.1%	$806.24	+62.6%	COM	893641100
LHX	L3HARRIS TECHNOLOGIES INC	37,644 (+28.0%)	$11,051 (+23.1%)	0.4%	$231.68	+24.5%	COM	502431109
DUOL	DUOLINGO INC	15,386 (+6.8%)	$2,700 (-41.8%)	0.1%	$361.19	-34.8%	CL A COM	26603R106
ULS	UL SOLUTIONS INC	115,495 (+13.8%)	$9,108 (+26.7%)	0.3%	$52.34	+53.4%	CLASS A COM SHS	903731107
NOW	SERVICENOW INC	126,437 (+447.6%)	$19,369 (-8.8%)	0.7%	$154.31	+11.2%	COM	81762P102
BN	BROOKFIELD CORP	167,059 (+20.8%)	$7,666 (-19.2%)	0.3%	$29.55	+54.1%	CL A LTD VT SH	11271J107
APH	AMPHENOL CORP NEW	56,041 (+20.2%)	$7,573 (+31.3%)	0.3%	$113.46	+17.7%	CL A	032095101
ABT	ABBOTT LABS	160,633 (+17.3%)	$20,126 (+9.7%)	0.7%	$98.92	+28.7%	COM	002824100
KEYS	KEYSIGHT TECHNOLOGIES INC	39,423 (+10.2%)	$8,010 (+28.0%)	0.3%	$154.84	+19.8%	COM	49338L103
MELI	MERCADOLIBRE INC	16,168 (+22.0%)	$32,567 (+5.2%)	1.1%	$1463.65	+43.5%	COM	58733R102
RCL	ROYAL CARIBBEAN GROUP	186,329 (+12.9%)	$51,971 (-2.7%)	1.8%	$119.09	+136.4%	COM	V7780T103
ABBV	ABBVIE INC	25,292 (+33.4%)	$5,779 (+31.6%)	0.2%	$172.29	+32.1%	COM	00287Y109
VLTO	VERALTO CORP	23,420 (+141.1%)	$2,337 (+125.7%)	0.1%	$94.98	+6.3%	COM SHS	92338C103
CNQ	CANADIAN NAT RES LTD	110,226 (+34.4%)	$3,733 (+42.4%)	0.1%	$31.65	+2.5%	COM	136385101
CNI	CANADIAN NATL RY CO	61,579 (+16.4%)	$6,091 (+22.1%)	0.2%	$113.17	-15.0%	COM	136375102
LIN	LINDE PLC	51,588 (+6.2%)	$21,997 (-4.7%)	0.8%	$359.71	+18.8%	SHS	G54950103
BRK/B	BERKSHIRE HATHAWAY INC DEL	12,631 (+19.9%)	$6,349 (+19.8%)	0.2%	$505.12	-1.5%	CL B NEW	084670702
HD	HOME DEPOT INC	31,347 (+29.8%)	$10,787 (+10.2%)	0.4%	$276.38	+31.9%	COM	437076102
SBUX	STARBUCKS CORP	270,090 (+4.8%)	$22,744 (+4.3%)	0.8%	$89.72	-6.3%	COM	855244109
EFX	EQUIFAX INC	29,182 (+37.0%)	$6,332 (+15.9%)	0.2%	$177.34	+23.3%	COM	294429105
TTEK	TETRA TECH INC NEW	133,039 (+17.8%)	$4,462 (+18.4%)	0.2%	$35.97	-6.0%	COM	88162G103
ARM	ARM HOLDINGS PLC	26,804 (+5.2%)	$2,930 (-18.7%)	0.1%	$106.91	—	SPONSORED ADS	042068205
SLB	SLB LIMITED	123,445 (+3.8%)	$4,738 (+15.9%)	0.2%	$38.30	-5.9%	COM STK	806857108
MCD	MCDONALDS CORP	41,821 (+3.9%)	$12,782 (+4.5%)	0.5%	$259.04	+17.8%	COM	580135101
IBM	INTERNATIONAL BUSINESS MACHS	25,660 (+2.3%)	$7,601 (+7.4%)	0.3%	$260.45	+14.7%	COM	459200101
IP	INTERNATIONAL PAPER CO	35,285 (+63.2%)	$1,390 (+38.5%)	0.0%	$44.00	-7.1%	COM	460146103
PM	PHILIP MORRIS INTL INC	36,797 (+6.5%)	$5,902 (+5.3%)	0.2%	$94.80	+62.0%	COM	718172109
SOBO	SOUTH BOW CORP	66,555 (+20.1%)	$1,831 (+16.8%)	0.1%	$24.08	+12.8%	COM	83671M105
COP	CONOCOPHILLIPS	60,680 (+5.6%)	$5,680 (+4.5%)	0.2%	$65.96	+36.5%	COM	20825C104
ZBH	ZIMMER BIOMET HOLDINGS INC	24,782 (+14.2%)	$2,228 (+4.2%)	0.1%	$95.79	-1.3%	COM	98956P102

Exited Positions (13)

HWM HOWMET AEROSPACE INC 0.6%

Value ($000) $16,467 Shares 83,919 Est. Cost $56.26 Unrealized +253.7%

EA ELECTRONIC ARTS INC 0.6%

Value ($000) $16,155 Shares 80,093 Est. Cost $131.84 Unrealized +53.0%

MSI MOTOROLA SOLUTIONS INC 0.5%

Value ($000) $13,713 Shares 29,987 Est. Cost $199.25 Unrealized +101.1%

BX BLACKSTONE INC 0.3%

Value ($000) $8,834 Shares 51,708 Est. Cost $89.72 Unrealized +68.8%

PLTR PALANTIR TECHNOLOGIES INC 0.3%

Value ($000) $8,304 Shares 45,524 Est. Cost $64.40 Unrealized +181.1%

ORCL ORACLE CORP 0.2%

Value ($000) $6,684 Shares 23,767 Est. Cost $231.22 Unrealized +3.0%

MS MORGAN STANLEY 0.2%

Value ($000) $4,621 Shares 29,070 Est. Cost $74.82 Unrealized +122.5%

— DAYFORCE INC 0.2%

Value ($000) $4,380 Shares 63,580 Est. Cost $68.87 Unrealized -0.1%

ON ON SEMICONDUCTOR CORP 0.2%

Value ($000) $4,377 Shares 88,763 Est. Cost $43.10 Unrealized +19.0%

TRP TC ENERGY CORP 0.1%

Value ($000) $3,623 Shares 66,633 Est. Cost $34.76 Unrealized +53.5%

TRU TRANSUNION 0.1%

Value ($000) $1,557 Shares 18,582 Est. Cost $93.13 Unrealized -11.8%

UBER UBER TECHNOLOGIES INC 0.1%

Value ($000) $1,436 Shares 14,662 Est. Cost $35.46 Unrealized +154.0%

ARGX ARGENX SE 0.0%

Value ($000) $802 Shares 1,088 Est. Cost $737.56 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HWM	HOWMET AEROSPACE INC	83,919	$16,467	0.6%	$56.26	+253.7%	—	443201108
EA	ELECTRONIC ARTS INC	80,093	$16,155	0.6%	$131.84	+53.0%	—	285512109
MSI	MOTOROLA SOLUTIONS INC	29,987	$13,713	0.5%	$199.25	+101.1%	—	620076307
BX	BLACKSTONE INC	51,708	$8,834	0.3%	$89.72	+68.8%	—	09260D107
PLTR	PALANTIR TECHNOLOGIES INC	45,524	$8,304	0.3%	$64.40	+181.1%	—	69608A108
ORCL	ORACLE CORP	23,767	$6,684	0.2%	$231.22	+3.0%	—	68389X105
MS	MORGAN STANLEY	29,070	$4,621	0.2%	$74.82	+122.5%	—	617446448
—	DAYFORCE INC	63,580	$4,380	0.2%	$68.87	-0.1%	—	15677J108
ON	ON SEMICONDUCTOR CORP	88,763	$4,377	0.2%	$43.10	+19.0%	—	682189105
TRP	TC ENERGY CORP	66,633	$3,623	0.1%	$34.76	+53.5%	—	87807B107
TRU	TRANSUNION	18,582	$1,557	0.1%	$93.13	-11.8%	—	89400J107
UBER	UBER TECHNOLOGIES INC	14,662	$1,436	0.1%	$35.46	+154.0%	—	90353T100
ARGX	ARGENX SE	1,088	$802	0.0%	$737.56	—	—	04016X101

Decreased Positions (54)

JPM JPMORGAN CHASE & CO. 0.9%

Value ($000) $24,189 (-54.5%) Shares 75,070 (-55.4%) Est. Cost $106.26 Unrealized +191.3%

BKNG BOOKING HOLDINGS INC 0.7%

Value ($000) $18,471 (-48.5%) Shares 3,449 (-48.1%) Est. Cost $2215.02 Unrealized +132.0%

CARR CARRIER GLOBAL CORPORATION 0.4%

Value ($000) $12,475 (-53.7%) Shares 236,091 (-47.6%) Est. Cost $41.11 Unrealized +35.1%

RBLX ROBLOX CORP 0.6%

Value ($000) $15,716 (-46.0%) Shares 193,949 (-7.8%) Est. Cost $67.33 Unrealized +57.7%

TCOM TRIP COM GROUP LTD 0.9%

Value ($000) $26,706 (-27.0%) Shares 371,377 (-23.7%) Est. Cost $41.00 Unrealized —

ALNY ALNYLAM PHARMACEUTICALS INC 0.9%

Value ($000) $26,908 (-24.6%) Shares 67,667 (-13.5%) Est. Cost $178.11 Unrealized +148.5%

RACE FERRARI N V 0.1%

Value ($000) $1,672 (-81.5%) Shares 4,464 (-76.2%) Est. Cost $404.23 Unrealized -1.0%

AMGN AMGEN INC 0.3%

Value ($000) $8,919 (-43.4%) Shares 27,249 (-51.2%) Est. Cost $286.95 Unrealized +10.1%

CTVA CORTEVA INC 0.3%

Value ($000) $8,922 (-40.8%) Shares 133,101 (-40.3%) Est. Cost $59.53 Unrealized +8.4%

CME CME GROUP INC 0.2%

Value ($000) $4,704 (-55.5%) Shares 17,226 (-56.0%) Est. Cost $151.14 Unrealized +79.1%

HLT HILTON WORLDWIDE HLDGS INC 0.1%

Value ($000) $3,337 (-63.3%) Shares 11,617 (-66.8%) Est. Cost $128.41 Unrealized +112.0%

REGN REGENERON PHARMACEUTICALS 0.4%

Value ($000) $10,505 (-33.1%) Shares 13,610 (-51.2%) Est. Cost $674.30 Unrealized +0.6%

NKE NIKE INC 0.3%

Value ($000) $8,746 (-36.1%) Shares 137,280 (-30.1%) Est. Cost $76.69 Unrealized -15.4%

SNPS SYNOPSYS INC 0.8%

Value ($000) $23,074 (-17.2%) Shares 49,122 (-13.0%) Est. Cost $427.51 Unrealized +3.9%

RYAAY RYANAIR HOLDINGS PLC 1.0%

Value ($000) $27,661 (+17.8%) Shares 383,164 (-1.8%) Est. Cost $59.74 Unrealized —

VRTX VERTEX PHARMACEUTICALS INC 1.5%

Value ($000) $43,347 (-8.7%) Shares 95,612 (-21.2%) Est. Cost $323.53 Unrealized +33.2%

KLAC KLA CORP 0.6%

Value ($000) $17,894 (-18.8%) Shares 14,727 (-27.9%) Est. Cost $748.55 Unrealized +56.6%

GEV GE VERNOVA INC 0.3%

Value ($000) $8,681 (-30.9%) Shares 13,283 (-35.0%) Est. Cost $414.82 Unrealized +46.8%

NET CLOUDFLARE INC 1.0%

Value ($000) $27,631 (-12.2%) Shares 140,154 (-4.5%) Est. Cost $80.62 Unrealized +162.4%

MSTR STRATEGY INC 0.0%

Value ($000) $792 (-81.9%) Shares 5,215 (-61.7%) Est. Cost $313.16 Unrealized -26.5%

TEAM ATLASSIAN CORPORATION 0.1%

Value ($000) $2,918 (-53.9%) Shares 17,997 (-54.6%) Est. Cost $167.43 Unrealized -6.3%

AON AON PLC 0.4%

Value ($000) $11,802 (-21.7%) Shares 33,444 (-20.9%) Est. Cost $262.80 Unrealized +32.9%

TSLA TESLA INC 4.7%

Value ($000) $134,441 (-2.3%) Shares 298,944 (-3.4%) Est. Cost $223.90 Unrealized +98.0%

SPOT SPOTIFY TECHNOLOGY S A 0.3%

Value ($000) $7,850 (-28.7%) Shares 13,518 (-14.3%) Est. Cost $588.03 Unrealized +6.3%

IR INGERSOLL RAND INC 0.5%

Value ($000) $14,864 (-16.0%) Shares 187,625 (-12.4%) Est. Cost $79.06 Unrealized -0.1%

GOOGL ALPHABET INC 1.6%

Value ($000) $44,817 (-5.8%) Shares 143,184 (-26.9%) Est. Cost $135.49 Unrealized +110.8%

AMX AMERICA MOVIL SAB DE CV 0.4%

Value ($000) $11,536 (-19.1%) Shares 558,108 (-17.9%) Est. Cost $20.41 Unrealized —

CB CHUBB LIMITED 1.0%

Value ($000) $29,773 (+9.4%) Shares 95,390 (-1.1%) Est. Cost $152.52 Unrealized +91.7%

IBN ICICI BANK LIMITED 0.4%

Value ($000) $10,849 (-18.1%) Shares 364,069 (-16.9%) Est. Cost $14.14 Unrealized —

SRE SEMPRA 0.3%

Value ($000) $7,708 (-23.5%) Shares 87,298 (-22.0%) Est. Cost $70.50 Unrealized +28.4%

ASML ASML HOLDING N V 0.7%

Value ($000) $20,827 (-9.7%) Shares 19,467 (-18.3%) Est. Cost $521.47 Unrealized —

HEI HEICO CORP NEW 0.6%

Value ($000) $16,978 (-10.6%) Shares 52,469 (-10.8%) Est. Cost $202.72 Unrealized +55.9%

BAM BROOKFIELD ASSET MANAGMT LTD 0.3%

Value ($000) $7,693 (-12.7%) Shares 146,837 (-5.2%) Est. Cost $29.11 Unrealized +83.7%

DB DEUTSCHE BANK A G 1.1%

Value ($000) $30,791 (+3.7%) Shares 791,389 (-6.3%) Est. Cost $14.21 Unrealized +154.0%

CRSP CRISPR THERAPEUTICS AG 0.1%

Value ($000) $2,911 (-27.0%) Shares 55,519 (-9.8%) Est. Cost $73.54 Unrealized -18.6%

XPO XPO INC 0.1%

Value ($000) $3,577 (-23.1%) Shares 26,319 (-26.9%) Est. Cost $123.00 Unrealized +10.8%

MRSH MARSH & MCLENNAN COS INC 0.1%

Value ($000) $4,095 (-20.8%) Shares 22,073 (-13.9%) Est. Cost $205.87 Unrealized -9.4%

DAL DELTA AIR LINES INC DEL 0.2%

Value ($000) $5,320 (+20.5%) Shares 76,654 (-1.4%) Est. Cost $43.68 Unrealized +43.0%

ILMN ILLUMINA INC 0.2%

Value ($000) $7,051 (+14.5%) Shares 53,756 (-17.1%) Est. Cost $130.77 Unrealized -10.2%

DHR DANAHER CORPORATION 0.3%

Value ($000) $9,503 (+10.0%) Shares 41,514 (-4.8%) Est. Cost $174.46 Unrealized +25.8%

AVGO BROADCOM INC 5.4%

Value ($000) $152,563 (-0.5%) Shares 440,807 (-5.2%) Est. Cost $145.20 Unrealized +145.9%

ASND ASCENDIS PHARMA A/S 0.1%

Value ($000) $3,595 (-16.6%) Shares 16,861 (-22.2%) Est. Cost $142.34 Unrealized —

COO COOPER COS INC 0.3%

Value ($000) $8,499 (+8.6%) Shares 103,691 (-9.1%) Est. Cost $81.36 Unrealized -8.0%

FCX FREEPORT-MCMORAN INC 0.3%

Value ($000) $7,847 (+8.3%) Shares 154,502 (-16.4%) Est. Cost $35.47 Unrealized +22.1%

FLUT FLUTTER ENTMT PLC 0.1%

Value ($000) $2,234 (-17.3%) Shares 10,388 (-2.4%) Est. Cost $216.58 Unrealized +3.8%

VALE VALE S A 0.1%

Value ($000) $3,652 (+14.2%) Shares 280,267 (-4.8%) Est. Cost $11.98 Unrealized —

MNST MONSTER BEVERAGE CORP NEW 0.3%

Value ($000) $8,870 (-4.8%) Shares 115,692 (-16.4%) Est. Cost $48.50 Unrealized +47.7%

BA BOEING CO 0.3%

Value ($000) $9,786 (-3.9%) Shares 45,074 (-4.5%) Est. Cost $179.58 Unrealized +14.5%

CVE CENOVUS ENERGY INC 0.4%

Value ($000) $12,339 (-2.6%) Shares 729,348 (-2.2%) Est. Cost $17.60 Unrealized -1.3%

CM CANADIAN IMPERIAL BANK OF CO 0.2%

Value ($000) $4,439 (+6.6%) Shares 48,959 (-6.1%) Est. Cost $64.51 Unrealized +33.0%

EL LAUDER ESTEE COS INC 0.2%

Value ($000) $6,529 (-3.2%) Shares 62,350 (-18.5%) Est. Cost $63.64 Unrealized +52.1%

BMY BRISTOL-MYERS SQUIBB CO 0.1%

Value ($000) $2,960 (+7.7%) Shares 54,885 (-10.0%) Est. Cost $43.81 Unrealized +8.5%

GGB GERDAU SA 0.1%

Value ($000) $1,948 (+7.1%) Shares 527,933 (-10.0%) Est. Cost $4.18 Unrealized —

WYNN WYNN RESORTS LTD 0.0%

Value ($000) $1,188 (-9.5%) Shares 9,871 (-3.5%) Est. Cost $84.56 Unrealized +46.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JPM	JPMORGAN CHASE & CO.	75,070 (-55.4%)	$24,189 (-54.5%)	0.9%	$106.26	+191.3%	COM	46625H100
BKNG	BOOKING HOLDINGS INC	3,449 (-48.1%)	$18,471 (-48.5%)	0.7%	$2215.02	+132.0%	COM	09857L108
CARR	CARRIER GLOBAL CORPORATION	236,091 (-47.6%)	$12,475 (-53.7%)	0.4%	$41.11	+35.1%	COM	14448C104
RBLX	ROBLOX CORP	193,949 (-7.8%)	$15,716 (-46.0%)	0.6%	$67.33	+57.7%	CL A	771049103
TCOM	TRIP COM GROUP LTD	371,377 (-23.7%)	$26,706 (-27.0%)	0.9%	$41.00	—	ADS	89677Q107
ALNY	ALNYLAM PHARMACEUTICALS INC	67,667 (-13.5%)	$26,908 (-24.6%)	0.9%	$178.11	+148.5%	COM	02043Q107
RACE	FERRARI N V	4,464 (-76.2%)	$1,672 (-81.5%)	0.1%	$404.23	-1.0%	COM	N3167Y103
AMGN	AMGEN INC	27,249 (-51.2%)	$8,919 (-43.4%)	0.3%	$286.95	+10.1%	COM	031162100
CTVA	CORTEVA INC	133,101 (-40.3%)	$8,922 (-40.8%)	0.3%	$59.53	+8.4%	COM	22052L104
CME	CME GROUP INC	17,226 (-56.0%)	$4,704 (-55.5%)	0.2%	$151.14	+79.1%	COM	12572Q105
HLT	HILTON WORLDWIDE HLDGS INC	11,617 (-66.8%)	$3,337 (-63.3%)	0.1%	$128.41	+112.0%	COM	43300A203
REGN	REGENERON PHARMACEUTICALS	13,610 (-51.2%)	$10,505 (-33.1%)	0.4%	$674.30	+0.6%	COM	75886F107
NKE	NIKE INC	137,280 (-30.1%)	$8,746 (-36.1%)	0.3%	$76.69	-15.4%	CL B	654106103
SNPS	SYNOPSYS INC	49,122 (-13.0%)	$23,074 (-17.2%)	0.8%	$427.51	+3.9%	COM	871607107
RYAAY	RYANAIR HOLDINGS PLC	383,164 (-1.8%)	$27,661 (+17.8%)	1.0%	$59.74	—	SPONSORED ADR	783513203
VRTX	VERTEX PHARMACEUTICALS INC	95,612 (-21.2%)	$43,347 (-8.7%)	1.5%	$323.53	+33.2%	COM	92532F100
KLAC	KLA CORP	14,727 (-27.9%)	$17,894 (-18.8%)	0.6%	$748.55	+56.6%	COM NEW	482480100
GEV	GE VERNOVA INC	13,283 (-35.0%)	$8,681 (-30.9%)	0.3%	$414.82	+46.8%	COM	36828A101
NET	CLOUDFLARE INC	140,154 (-4.5%)	$27,631 (-12.2%)	1.0%	$80.62	+162.4%	CL A COM	18915M107
MSTR	STRATEGY INC	5,215 (-61.7%)	$792 (-81.9%)	0.0%	$313.16	-26.5%	CL A NEW	594972408
TEAM	ATLASSIAN CORPORATION	17,997 (-54.6%)	$2,918 (-53.9%)	0.1%	$167.43	-6.3%	CL A	049468101
AON	AON PLC	33,444 (-20.9%)	$11,802 (-21.7%)	0.4%	$262.80	+32.9%	SHS CL A	G0403H108
TSLA	TESLA INC	298,944 (-3.4%)	$134,441 (-2.3%)	4.7%	$223.90	+98.0%	COM	88160R101
SPOT	SPOTIFY TECHNOLOGY S A	13,518 (-14.3%)	$7,850 (-28.7%)	0.3%	$588.03	+6.3%	SHS	L8681T102
IR	INGERSOLL RAND INC	187,625 (-12.4%)	$14,864 (-16.0%)	0.5%	$79.06	-0.1%	COM	45687V106
GOOGL	ALPHABET INC	143,184 (-26.9%)	$44,817 (-5.8%)	1.6%	$135.49	+110.8%	CAP STK CL A	02079K305
AMX	AMERICA MOVIL SAB DE CV	558,108 (-17.9%)	$11,536 (-19.1%)	0.4%	$20.41	—	SPON ADS RP CL B	02390A101
CB	CHUBB LIMITED	95,390 (-1.1%)	$29,773 (+9.4%)	1.0%	$152.52	+91.7%	COM	H1467J104
IBN	ICICI BANK LIMITED	364,069 (-16.9%)	$10,849 (-18.1%)	0.4%	$14.14	—	ADR	45104G104
SRE	SEMPRA	87,298 (-22.0%)	$7,708 (-23.5%)	0.3%	$70.50	+28.4%	COM	816851109
ASML	ASML HOLDING N V	19,467 (-18.3%)	$20,827 (-9.7%)	0.7%	$521.47	—	N Y REGISTRY SHS	N07059210
HEI	HEICO CORP NEW	52,469 (-10.8%)	$16,978 (-10.6%)	0.6%	$202.72	+55.9%	COM	422806109
BAM	BROOKFIELD ASSET MANAGMT LTD	146,837 (-5.2%)	$7,693 (-12.7%)	0.3%	$29.11	+83.7%	CL A LMT VTG SHS	113004105
DB	DEUTSCHE BANK A G	791,389 (-6.3%)	$30,791 (+3.7%)	1.1%	$14.21	+154.0%	NAMEN AKT	D18190898
CRSP	CRISPR THERAPEUTICS AG	55,519 (-9.8%)	$2,911 (-27.0%)	0.1%	$73.54	-18.6%	NAMEN AKT	H17182108
XPO	XPO INC	26,319 (-26.9%)	$3,577 (-23.1%)	0.1%	$123.00	+10.8%	COM	983793100
MRSH	MARSH & MCLENNAN COS INC	22,073 (-13.9%)	$4,095 (-20.8%)	0.1%	$205.87	-9.4%	COM	571748102
DAL	DELTA AIR LINES INC DEL	76,654 (-1.4%)	$5,320 (+20.5%)	0.2%	$43.68	+43.0%	COM NEW	247361702
ILMN	ILLUMINA INC	53,756 (-17.1%)	$7,051 (+14.5%)	0.2%	$130.77	-10.2%	COM	452327109
DHR	DANAHER CORPORATION	41,514 (-4.8%)	$9,503 (+10.0%)	0.3%	$174.46	+25.8%	COM	235851102
AVGO	BROADCOM INC	440,807 (-5.2%)	$152,563 (-0.5%)	5.4%	$145.20	+145.9%	COM	11135F101
ASND	ASCENDIS PHARMA A/S	16,861 (-22.2%)	$3,595 (-16.6%)	0.1%	$142.34	—	SPONSORED ADR	04351P101
COO	COOPER COS INC	103,691 (-9.1%)	$8,499 (+8.6%)	0.3%	$81.36	-8.0%	COM	216648501
FCX	FREEPORT-MCMORAN INC	154,502 (-16.4%)	$7,847 (+8.3%)	0.3%	$35.47	+22.1%	CL B	35671D857
FLUT	FLUTTER ENTMT PLC	10,388 (-2.4%)	$2,234 (-17.3%)	0.1%	$216.58	+3.8%	SHS	G3643J108
VALE	VALE S A	280,267 (-4.8%)	$3,652 (+14.2%)	0.1%	$11.98	—	SPONSORED ADS	91912E105
MNST	MONSTER BEVERAGE CORP NEW	115,692 (-16.4%)	$8,870 (-4.8%)	0.3%	$48.50	+47.7%	COM	61174X109
BA	BOEING CO	45,074 (-4.5%)	$9,786 (-3.9%)	0.3%	$179.58	+14.5%	COM	097023105
CVE	CENOVUS ENERGY INC	729,348 (-2.2%)	$12,339 (-2.6%)	0.4%	$17.60	-1.3%	COM	15135U109
CM	CANADIAN IMPERIAL BANK OF CO	48,959 (-6.1%)	$4,439 (+6.6%)	0.2%	$64.51	+33.0%	COM	136069101
EL	LAUDER ESTEE COS INC	62,350 (-18.5%)	$6,529 (-3.2%)	0.2%	$63.64	+52.1%	CL A	518439104
BMY	BRISTOL-MYERS SQUIBB CO	54,885 (-10.0%)	$2,960 (+7.7%)	0.1%	$43.81	+8.5%	COM	110122108
GGB	GERDAU SA	527,933 (-10.0%)	$1,948 (+7.1%)	0.1%	$4.18	—	SPON ADR REP PFD	373737105
WYNN	WYNN RESORTS LTD	9,871 (-3.5%)	$1,188 (-9.5%)	0.0%	$84.56	+46.1%	COM	983134107

Unchanged Positions (8)

GOOG ALPHABET INC 2.4%

Value ($000) $66,706 Shares 212,575 Est. Cost $115.25 Unrealized +148.5%

COST COSTCO WHSL CORP NEW 1.2%

Value ($000) $34,320 Shares 39,799 Est. Cost $421.09 Unrealized +115.1%

BG BUNGE GLOBAL SA 0.4%

Value ($000) $10,729 Shares 120,440 Est. Cost $87.11 Unrealized +5.5%

GS GOLDMAN SACHS GROUP INC 0.3%

Value ($000) $9,756 Shares 11,099 Est. Cost $315.76 Unrealized +157.6%

DBD DIEBOLD NIXDORF INC 0.1%

Value ($000) $2,252 Shares 33,171 Est. Cost $32.11 Unrealized +94.6%

GRFS GRIFOLS S A 0.1%

Value ($000) $3,782 Shares 404,486 Est. Cost $12.94 Unrealized —

CRH CRH PLC 0.1%

Value ($000) $4,119 Shares 33,001 Est. Cost $91.42 Unrealized +30.3%

AEM AGNICO EAGLE MINES LTD 0.4%

Value ($000) $12,694 Shares 74,842 Est. Cost $125.31 Unrealized +33.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	212,575	$66,706	2.4%	$115.25	+148.5%	CAP STK CL C	02079K107
COST	COSTCO WHSL CORP NEW	39,799	$34,320	1.2%	$421.09	+115.1%	COM	22160K105
BG	BUNGE GLOBAL SA	120,440	$10,729	0.4%	$87.11	+5.5%	COM SHS	H11356104
GS	GOLDMAN SACHS GROUP INC	11,099	$9,756	0.3%	$315.76	+157.6%	COM	38141G104
DBD	DIEBOLD NIXDORF INC	33,171	$2,252	0.1%	$32.11	+94.6%	COM SHS	253651202
GRFS	GRIFOLS S A	404,486	$3,782	0.1%	$12.94	—	SP ADR REP B NVT	398438408
CRH	CRH PLC	33,001	$4,119	0.1%	$91.42	+30.3%	ORD	G25508105
AEM	AGNICO EAGLE MINES LTD	74,842	$12,694	0.4%	$125.31	+33.9%	COM	008474108