RIVERBRIDGE PARTNERS LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LOAR	Loar Holdings, Inc.	277,049	$18,839	0.4%	$72.91	0.0%	COM	53947R105
VOO	Vanguard S&P 500 Index Fund	7,255	$4,550	0.1%	$627.13	—	COM	922908363
—	FS Specialty Lending Fund	146,423	$2,070	0.0%	$14.14	—	CEF	644323107
—	FS Credit Opportunities Corp	210,844	$1,328	0.0%	$6.30	—	CEF	30290Y101
CCAP	Crescent Capital BDC, Inc.	94,358	$1,326	0.0%	$13.81	0.0%	BDC	225655109
VXUS	Vanguard Total International S	16,692	$1,259	0.0%	$75.44	—	COM	921909768
DKS	Dicks Sporting Goods, Inc.	5,897	$1,167	0.0%	$217.13	0.0%	COM	253393102
—	Blackrock Income Trust	104,562	$1,154	0.0%	$11.04	—	CEF	09247F209
SUSA	iShares MSCI USA ESG Select ET	8,260	$1,151	0.0%	$139.35	—	COM	464288802
IWF	Ishares Tr Russell 1000 Growth	783	$370	0.0%	$473.13	—	COM	464287614
SBGSY	SCHNEIDER ELECTRIC SA ADR	4,526	$249	0.0%	$54.93	—	COM	80687P106
FMX	Fomento Economico Mexicano SAB	2,321	$235	0.0%	$101.07	—	COM	344419106
AMD	ADVANCED MICRO DEVICES INC COM	1,034	$221	0.0%	$224.60	0.0%	COM	007903107
LSRCY	Lasertec Corp. Unsponsored ADR	5,425	$206	0.0%	$37.97	—	COM	51809L109
CHGCY	Chugai Pharmaceutical Co., Ltd	7,825	$206	0.0%	$26.27	—	COM	171269103
ISRG	Intuitive Surgical, Inc.	360	$204	0.0%	$532.37	0.0%	COM	46120E602

Increased Positions (52)

IVV Ishares Core S&P 500 Etf 1.1%

Value ($000) $58,168 (+1233.5%) Shares 84,924 (+1203.1%) Est. Cost $680.33 Unrealized —

SAP SAP SE ADR 0.6%

Value ($000) $32,669 (+13484.5%) Shares 134,491 (+14843.4%) Est. Cost $243.08 Unrealized —

FICO Fair Isaac Corporation 0.9%

Value ($000) $50,549 (+95.6%) Shares 29,900 (+73.1%) Est. Cost $1455.44 Unrealized +18.3%

IWM Ishares Tr Russell 2000 0.4%

Value ($000) $23,901 (+2678.6%) Shares 97,095 (+2631.2%) Est. Cost $245.09 Unrealized —

NOW ServiceNow, Inc. 1.4%

Value ($000) $72,588 (-20.4%) Shares 473,842 (+378.5%) Est. Cost $148.88 Unrealized +15.2%

NFLX Netflix Inc. 0.9%

Value ($000) $47,262 (-25.0%) Shares 504,070 (+858.9%) Est. Cost $100.51 Unrealized +7.3%

SPSC SPS Commerce, Inc. 0.8%

Value ($000) $42,856 (-12.7%) Shares 480,824 (+2.0%) Est. Cost $57.42 Unrealized +61.5%

AAON AAON, Inc. 0.5%

Value ($000) $27,021 (+29.0%) Shares 354,370 (+58.1%) Est. Cost $85.62 Unrealized +7.8%

— Exponent, Inc. 0.7%

Value ($000) $38,494 (+14.7%) Shares 554,193 (+14.7%) Est. Cost $68.60 Unrealized —

VRSK Verisk Analytics, Inc. 1.4%

Value ($000) $73,555 (-5.7%) Shares 328,826 (+6.0%) Est. Cost $95.32 Unrealized +136.4%

VXF VANGUARD INDEX FDS EXTEND MKT 0.2%

Value ($000) $10,989 (+25.0%) Shares 52,551 (+25.1%) Est. Cost $186.82 Unrealized —

TWFG TWFG, Inc. 0.3%

Value ($000) $17,082 (+14.7%) Shares 593,744 (+9.4%) Est. Cost $31.32 Unrealized -13.2%

IWO Ishares Tr Russell 2000 Growth 0.1%

Value ($000) $5,031 (+68.6%) Shares 15,576 (+67.0%) Est. Cost $281.37 Unrealized —

— John Hancock Income Securities 0.0%

Value ($000) $2,261 (+159.1%) Shares 193,055 (+158.3%) Est. Cost $11.44 Unrealized —

— BNY Mellon Municipal Bond Infr 0.1%

Value ($000) $3,131 (+69.8%) Shares 284,913 (+65.3%) Est. Cost $10.90 Unrealized —

— Putnam Premier Income Trust 0.0%

Value ($000) $2,157 (+147.2%) Shares 609,426 (+157.6%) Est. Cost $3.56 Unrealized —

— Nuveen Taxable Municipal Incom 0.0%

Value ($000) $2,131 (+150.4%) Shares 134,845 (+157.1%) Est. Cost $15.93 Unrealized —

— RiverNorth/DoubleLine Strategi 0.0%

Value ($000) $1,782 (+237.9%) Shares 224,106 (+262.6%) Est. Cost $8.14 Unrealized —

— Western Asset Inflation-Linked 0.0%

Value ($000) $2,024 (+149.1%) Shares 235,630 (+157.8%) Est. Cost $8.67 Unrealized —

— Angel Oak Financial Strategies 0.1%

Value ($000) $2,847 (+74.1%) Shares 215,510 (+72.7%) Est. Cost $13.15 Unrealized —

— RiverNorth Flexible Municipal 0.0%

Value ($000) $2,649 (+78.1%) Shares 209,211 (+83.6%) Est. Cost $9.36 Unrealized —

— Brookfield Real Assets Income 0.1%

Value ($000) $2,868 (+67.7%) Shares 221,307 (+72.9%) Est. Cost $12.89 Unrealized —

— PGIM Short Duration High Yield 0.0%

Value ($000) $2,494 (+86.0%) Shares 151,592 (+89.1%) Est. Cost $15.99 Unrealized —

SEVN Seven Hills Realty Trust 0.0%

Value ($000) $1,997 (+126.2%) Shares 224,411 (+162.0%) Est. Cost $10.16 Unrealized —

RIVBX Riverbridge Growth Fund - Inst 0.5%

Value ($000) $24,184 (-3.5%) Shares 832,503 (+25.9%) Est. Cost $22.15 Unrealized —

ARCC Ares Capital Corporation 0.0%

Value ($000) $2,060 (+71.4%) Shares 101,851 (+72.9%) Est. Cost $17.18 Unrealized +15.2%

TSLX Sixth Street Specialty Lending 0.0%

Value ($000) $1,953 (+70.8%) Shares 89,938 (+79.8%) Est. Cost $21.33 Unrealized +2.3%

AOMR Angel Oak Mortgage REIT, Inc. 0.0%

Value ($000) $1,574 (+102.4%) Shares 182,770 (+120.3%) Est. Cost $8.98 Unrealized —

FDUS Fidus Investment Corporation 0.0%

Value ($000) $1,960 (+65.5%) Shares 101,578 (+73.7%) Est. Cost $19.00 Unrealized +2.3%

MSIF MSC Income Fund Inc. 0.0%

Value ($000) $1,389 (+105.8%) Shares 105,713 (+105.7%) Est. Cost $14.05 Unrealized -5.5%

GBDC Golub Capital BDC, Inc. 0.0%

Value ($000) $1,337 (+108.3%) Shares 98,529 (+110.1%) Est. Cost $12.15 Unrealized +11.4%

— BNY Mellon Strategic Municipal 0.0%

Value ($000) $2,047 (+42.8%) Shares 321,817 (+40.4%) Est. Cost $6.34 Unrealized —

— MFS Charter Income Trust 0.0%

Value ($000) $1,212 (+85.5%) Shares 193,336 (+89.9%) Est. Cost $6.36 Unrealized —

— abrdn National Municipal Incom 0.0%

Value ($000) $1,799 (+44.5%) Shares 175,152 (+44.3%) Est. Cost $10.35 Unrealized —

— BNY Mellon Strategic Municipal 0.0%

Value ($000) $1,466 (+50.4%) Shares 237,540 (+44.3%) Est. Cost $5.95 Unrealized —

— Putnam Municipal Opportunities 0.0%

Value ($000) $1,265 (+59.0%) Shares 118,230 (+53.5%) Est. Cost $10.76 Unrealized —

— PIMCO New York Municipal Incom 0.0%

Value ($000) $1,396 (+48.8%) Shares 202,579 (+50.1%) Est. Cost $7.03 Unrealized —

— AllianceBernstein National Mun 0.0%

Value ($000) $1,503 (+37.1%) Shares 138,885 (+37.5%) Est. Cost $10.98 Unrealized —

— PIMCO California Municipal Inc 0.0%

Value ($000) $1,276 (+45.1%) Shares 146,117 (+44.9%) Est. Cost $8.72 Unrealized —

— Federated Premier Municipal In 0.0%

Value ($000) $1,397 (+35.7%) Shares 125,699 (+34.8%) Est. Cost $10.94 Unrealized —

— Principal Real Estate Income F 0.0%

Value ($000) $1,874 (+23.6%) Shares 187,204 (+29.1%) Est. Cost $11.18 Unrealized —

ASML ASML Holding NV ADR 0.1%

Value ($000) $3,190 (+12.2%) Shares 2,982 (+1.5%) Est. Cost $674.23 Unrealized —

CTAS Cintas Corporation 0.7%

Value ($000) $40,006 (+0.9%) Shares 212,721 (+10.1%) Est. Cost $190.73 Unrealized -1.4%

— MFS Municipal Income Trust 0.0%

Value ($000) $889 (+47.7%) Shares 163,727 (+46.6%) Est. Cost $5.52 Unrealized —

— Invesco Bond Fund 0.0%

Value ($000) $472 (+152.0%) Shares 30,637 (+158.0%) Est. Cost $15.43 Unrealized —

IUSG iShares Core S&P U.S. Growth E 0.0%

Value ($000) $615 (+64.4%) Shares 3,660 (+61.1%) Est. Cost $142.77 Unrealized —

VTI Vanguard Index Fds Stk Mrk Etf 0.0%

Value ($000) $442 (+65.5%) Shares 1,319 (+61.8%) Est. Cost $269.75 Unrealized —

— TCW Strategic Income Fund 0.0%

Value ($000) $1,032 (+20.4%) Shares 208,992 (+19.9%) Est. Cost $4.71 Unrealized —

— John Hancock Investors Trust 0.0%

Value ($000) $628 (+33.4%) Shares 45,908 (+36.5%) Est. Cost $13.38 Unrealized —

TCEHY Tencent Holdings Ltd. Unsponso 0.0%

Value ($000) $324 (+37.6%) Shares 4,231 (+53.1%) Est. Cost $82.17 Unrealized —

— Blackrock Taxable Municipal Bo 0.0%

Value ($000) $927 (+9.7%) Shares 56,772 (+11.6%) Est. Cost $16.93 Unrealized —

DSCSY Disco Corporation Unsponsored 0.0%

Value ($000) $242 (+1.5%) Shares 7,958 (+4.4%) Est. Cost $29.56 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	Ishares Core S&P 500 Etf	84,924 (+1203.1%)	$58,168 (+1233.5%)	1.1%	$680.33	—	COM	464287200
SAP	SAP SE ADR	134,491 (+14843.4%)	$32,669 (+13484.5%)	0.6%	$243.08	—	COM	803054204
FICO	Fair Isaac Corporation	29,900 (+73.1%)	$50,549 (+95.6%)	0.9%	$1455.44	+18.3%	COM	303250104
IWM	Ishares Tr Russell 2000	97,095 (+2631.2%)	$23,901 (+2678.6%)	0.4%	$245.09	—	COM	464287655
NOW	ServiceNow, Inc.	473,842 (+378.5%)	$72,588 (-20.4%)	1.4%	$148.88	+15.2%	COM	81762P102
NFLX	Netflix Inc.	504,070 (+858.9%)	$47,262 (-25.0%)	0.9%	$100.51	+7.3%	COM	64110L106
SPSC	SPS Commerce, Inc.	480,824 (+2.0%)	$42,856 (-12.7%)	0.8%	$57.42	+61.5%	COM	78463M107
AAON	AAON, Inc.	354,370 (+58.1%)	$27,021 (+29.0%)	0.5%	$85.62	+7.8%	COM	000360206
—	Exponent, Inc.	554,193 (+14.7%)	$38,494 (+14.7%)	0.7%	$68.60	—	COM	30214u102
VRSK	Verisk Analytics, Inc.	328,826 (+6.0%)	$73,555 (-5.7%)	1.4%	$95.32	+136.4%	COM	92345Y106
VXF	VANGUARD INDEX FDS EXTEND MKT	52,551 (+25.1%)	$10,989 (+25.0%)	0.2%	$186.82	—	COM	922908652
TWFG	TWFG, Inc.	593,744 (+9.4%)	$17,082 (+14.7%)	0.3%	$31.32	-13.2%	COM	87318A101
IWO	Ishares Tr Russell 2000 Growth	15,576 (+67.0%)	$5,031 (+68.6%)	0.1%	$281.37	—	COM	464287648
—	John Hancock Income Securities	193,055 (+158.3%)	$2,261 (+159.1%)	0.0%	$11.44	—	CEF	410123103
—	BNY Mellon Municipal Bond Infr	284,913 (+65.3%)	$3,131 (+69.8%)	0.1%	$10.90	—	NCEF	09662W109
—	Putnam Premier Income Trust	609,426 (+157.6%)	$2,157 (+147.2%)	0.0%	$3.56	—	CEF	746853100
—	Nuveen Taxable Municipal Incom	134,845 (+157.1%)	$2,131 (+150.4%)	0.0%	$15.93	—	CEF	67074C103
—	RiverNorth/DoubleLine Strategi	224,106 (+262.6%)	$1,782 (+237.9%)	0.0%	$8.14	—	CEF	76882G107
—	Western Asset Inflation-Linked	235,630 (+157.8%)	$2,024 (+149.1%)	0.0%	$8.67	—	CEF	95766R104
—	Angel Oak Financial Strategies	215,510 (+72.7%)	$2,847 (+74.1%)	0.1%	$13.15	—	CEF	03464A100
—	RiverNorth Flexible Municipal	209,211 (+83.6%)	$2,649 (+78.1%)	0.0%	$9.36	—	NCEF	76883Y107
—	Brookfield Real Assets Income	221,307 (+72.9%)	$2,868 (+67.7%)	0.1%	$12.89	—	CEF	112830104
—	PGIM Short Duration High Yield	151,592 (+89.1%)	$2,494 (+86.0%)	0.0%	$15.99	—	CEF	69355J104
SEVN	Seven Hills Realty Trust	224,411 (+162.0%)	$1,997 (+126.2%)	0.0%	$10.16	—	REIT	81784E101
RIVBX	Riverbridge Growth Fund - Inst	832,503 (+25.9%)	$24,184 (-3.5%)	0.5%	$22.15	—	COM	46141P404
ARCC	Ares Capital Corporation	101,851 (+72.9%)	$2,060 (+71.4%)	0.0%	$17.18	+15.2%	BDC	04010L103
TSLX	Sixth Street Specialty Lending	89,938 (+79.8%)	$1,953 (+70.8%)	0.0%	$21.33	+2.3%	BDC	83012A109
AOMR	Angel Oak Mortgage REIT, Inc.	182,770 (+120.3%)	$1,574 (+102.4%)	0.0%	$8.98	—	REIT	03464Y108
FDUS	Fidus Investment Corporation	101,578 (+73.7%)	$1,960 (+65.5%)	0.0%	$19.00	+2.3%	BDC	316500107
MSIF	MSC Income Fund Inc.	105,713 (+105.7%)	$1,389 (+105.8%)	0.0%	$14.05	-5.5%	BDC	55374X208
GBDC	Golub Capital BDC, Inc.	98,529 (+110.1%)	$1,337 (+108.3%)	0.0%	$12.15	+11.4%	BDC	38173M102
—	BNY Mellon Strategic Municipal	321,817 (+40.4%)	$2,047 (+42.8%)	0.0%	$6.34	—	CEF	05588W108
—	MFS Charter Income Trust	193,336 (+89.9%)	$1,212 (+85.5%)	0.0%	$6.36	—	CEF	552727109
—	abrdn National Municipal Incom	175,152 (+44.3%)	$1,799 (+44.5%)	0.0%	$10.35	—	NCEF	24610T108
—	BNY Mellon Strategic Municipal	237,540 (+44.3%)	$1,466 (+50.4%)	0.0%	$5.95	—	NCEF	09662E109
—	Putnam Municipal Opportunities	118,230 (+53.5%)	$1,265 (+59.0%)	0.0%	$10.76	—	NCEF	746922103
—	PIMCO New York Municipal Incom	202,579 (+50.1%)	$1,396 (+48.8%)	0.0%	$7.03	—	NCEF	72200Y102
—	AllianceBernstein National Mun	138,885 (+37.5%)	$1,503 (+37.1%)	0.0%	$10.98	—	NCEF	01864U106
—	PIMCO California Municipal Inc	146,117 (+44.9%)	$1,276 (+45.1%)	0.0%	$8.72	—	NCEF	72200N106
—	Federated Premier Municipal In	125,699 (+34.8%)	$1,397 (+35.7%)	0.0%	$10.94	—	NCEF	31423P108
—	Principal Real Estate Income F	187,204 (+29.1%)	$1,874 (+23.6%)	0.0%	$11.18	—	CEF	74255X104
ASML	ASML Holding NV ADR	2,982 (+1.5%)	$3,190 (+12.2%)	0.1%	$674.23	—	COM	N07059210
CTAS	Cintas Corporation	212,721 (+10.1%)	$40,006 (+0.9%)	0.7%	$190.73	-1.4%	COM	172908105
—	MFS Municipal Income Trust	163,727 (+46.6%)	$889 (+47.7%)	0.0%	$5.52	—	NCEF	552738106
—	Invesco Bond Fund	30,637 (+158.0%)	$472 (+152.0%)	0.0%	$15.43	—	CEF	46132L107
IUSG	iShares Core S&P U.S. Growth E	3,660 (+61.1%)	$615 (+64.4%)	0.0%	$142.77	—	COM	464287671
VTI	Vanguard Index Fds Stk Mrk Etf	1,319 (+61.8%)	$442 (+65.5%)	0.0%	$269.75	—	COM	922908769
—	TCW Strategic Income Fund	208,992 (+19.9%)	$1,032 (+20.4%)	0.0%	$4.71	—	CEF	872340104
—	John Hancock Investors Trust	45,908 (+36.5%)	$628 (+33.4%)	0.0%	$13.38	—	CEF	410142103
TCEHY	Tencent Holdings Ltd. Unsponso	4,231 (+53.1%)	$324 (+37.6%)	0.0%	$82.17	—	COM	88032Q109
—	Blackrock Taxable Municipal Bo	56,772 (+11.6%)	$927 (+9.7%)	0.0%	$16.93	—	CEF	09248X100
DSCSY	Disco Corporation Unsponsored	7,958 (+4.4%)	$242 (+1.5%)	0.0%	$29.56	—	COM	25461D100

Exited Positions (14)

— Kornit Digital Ltd. 0.3%

Value ($000) $16,166 Shares 1,197,445 Est. Cost $29.19 Unrealized —

— Jamf Holdings Corporation 0.2%

Value ($000) $11,766 Shares 1,099,637 Est. Cost $16.50 Unrealized —

ZS Zscaler, Inc. 0.0%

Value ($000) $1,243 Shares 4,148 Est. Cost $176.82 Unrealized +59.6%

— BlackRock 2030 Municipal Targe 0.0%

Value ($000) $919 Shares 40,929 Est. Cost $21.14 Unrealized —

DG Dollar General Corporation 0.0%

Value ($000) $512 Shares 4,973 Est. Cost $197.35 Unrealized -43.5%

SYM Symbotic, Inc. 0.0%

Value ($000) $497 Shares 9,219 Est. Cost $26.19 Unrealized +152.1%

— Blackrock Credit Allocation 0.0%

Value ($000) $482 Shares 43,627 Est. Cost $10.26 Unrealized —

— Western Asset Managed Municipa 0.0%

Value ($000) $425 Shares 41,109 Est. Cost $3.18 Unrealized —

— Invesco Municipal Trust 0.0%

Value ($000) $305 Shares 31,612 Est. Cost $9.42 Unrealized —

— Eaton Vance Limited Duration I 0.0%

Value ($000) $253 Shares 24,878 Est. Cost $9.30 Unrealized —

LRLCY L'Oreal SA Unsponsored ADR 0.0%

Value ($000) $206 Shares 2,383 Est. Cost $85.51 Unrealized —

SONY Sony Group Corporation Sponsor 0.0%

Value ($000) $204 Shares 7,075 Est. Cost $25.39 Unrealized —

MTHRY M3, Inc. Unsponsored ADR 0.0%

Value ($000) $92 Shares 10,998 Est. Cost $8.35 Unrealized —

— Unicharm Corporation Sponsored 0.0%

Value ($000) $71 Shares 22,103 Est. Cost $5.37 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	Kornit Digital Ltd.	1,197,445	$16,166	0.3%	$29.19	—	—	m6372q113
—	Jamf Holdings Corporation	1,099,637	$11,766	0.2%	$16.50	—	—	47074L105
ZS	Zscaler, Inc.	4,148	$1,243	0.0%	$176.82	+59.6%	—	98980G102
—	BlackRock 2030 Municipal Targe	40,929	$919	0.0%	$21.14	—	—	09257P105
DG	Dollar General Corporation	4,973	$512	0.0%	$197.35	-43.5%	—	256677105
SYM	Symbotic, Inc.	9,219	$497	0.0%	$26.19	+152.1%	—	87151X101
—	Blackrock Credit Allocation	43,627	$482	0.0%	$10.26	—	—	092508100
—	Western Asset Managed Municipa	41,109	$425	0.0%	$3.18	—	—	95766M105
—	Invesco Municipal Trust	31,612	$305	0.0%	$9.42	—	—	46131J103
—	Eaton Vance Limited Duration I	24,878	$253	0.0%	$9.30	—	—	27828H105
LRLCY	L'Oreal SA Unsponsored ADR	2,383	$206	0.0%	$85.51	—	—	502117203
SONY	Sony Group Corporation Sponsor	7,075	$204	0.0%	$25.39	—	—	835699307
MTHRY	M3, Inc. Unsponsored ADR	10,998	$92	0.0%	$8.35	—	—	55379N106
—	Unicharm Corporation Sponsored	22,103	$71	0.0%	$5.37	—	—	90460m204

Decreased Positions (92)

LOPE Grand Canyon Education, Inc. 2.7%

Value ($000) $141,880 (-32.2%) Shares 853,107 (-10.5%) Est. Cost $71.59 Unrealized +152.6%

CSGP CoStar Group, Inc. 1.8%

Value ($000) $97,669 (-30.2%) Shares 1,452,546 (-12.5%) Est. Cost $78.37 Unrealized -9.6%

NVDA NVIDIA Corporation 5.3%

Value ($000) $284,782 (-11.5%) Shares 1,526,980 (-11.5%) Est. Cost $90.55 Unrealized +105.6%

PAYC Paycom Software, Inc. 1.1%

Value ($000) $56,925 (-38.5%) Shares 357,210 (-19.7%) Est. Cost $178.69 Unrealized -1.0%

MEDP Medpace Holdings, Inc. 2.9%

Value ($000) $153,313 (-18.3%) Shares 272,969 (-25.2%) Est. Cost $182.76 Unrealized +210.6%

TYL Tyler Technologies, Inc. 2.0%

Value ($000) $108,376 (-22.9%) Shares 238,740 (-11.1%) Est. Cost $232.07 Unrealized +105.3%

VEEV Veeva Systems, Inc. 1.4%

Value ($000) $73,698 (-29.1%) Shares 330,143 (-5.4%) Est. Cost $70.77 Unrealized +274.9%

MSFT Microsoft Corporation 4.5%

Value ($000) $238,503 (-10.8%) Shares 493,162 (-4.5%) Est. Cost $47.87 Unrealized +945.8%

FAST Fastenal Company 1.8%

Value ($000) $95,572 (-22.3%) Shares 2,381,560 (-5.0%) Est. Cost $26.25 Unrealized +60.1%

RBA RB Global, Inc. 2.9%

Value ($000) $154,445 (-14.3%) Shares 1,501,366 (-9.7%) Est. Cost $56.38 Unrealized +80.2%

FND Floor & Decor Holdings, Inc. 0.8%

Value ($000) $42,410 (-37.0%) Shares 696,494 (-23.8%) Est. Cost $80.43 Unrealized -19.4%

ROL Rollins, Inc. 1.7%

Value ($000) $92,774 (-21.1%) Shares 1,545,713 (-22.8%) Est. Cost $23.08 Unrealized +154.2%

TSLA Tesla, Inc. 1.1%

Value ($000) $59,785 (-28.6%) Shares 132,939 (-29.4%) Est. Cost $174.77 Unrealized +153.6%

HEI HEICO Corporation 3.6%

Value ($000) $190,764 (-9.5%) Shares 589,525 (-9.7%) Est. Cost $65.41 Unrealized +383.1%

GOOGL Alphabet, Inc. Class A 1.8%

Value ($000) $94,395 (+25.9%) Shares 301,580 (-2.2%) Est. Cost $106.59 Unrealized +167.9%

KNSL Kinsale Capital Group, Inc. 2.0%

Value ($000) $104,997 (-15.0%) Shares 268,453 (-7.6%) Est. Cost $351.18 Unrealized +16.1%

BL BlackLine, Inc. 0.4%

Value ($000) $20,613 (-46.1%) Shares 372,814 (-48.3%) Est. Cost $52.57 Unrealized +4.8%

DOCS Doximity, Inc. 0.4%

Value ($000) $23,405 (-42.4%) Shares 528,578 (-4.8%) Est. Cost $26.38 Unrealized +112.8%

PCTY Paylocity Holding Corporation 1.4%

Value ($000) $75,253 (-17.9%) Shares 493,463 (-14.3%) Est. Cost $140.61 Unrealized +5.8%

CCC CCC Intelligent Solutions Hold 0.8%

Value ($000) $40,708 (-27.8%) Shares 5,120,480 (-17.3%) Est. Cost $9.77 Unrealized -16.7%

GWRE Guidewire Software, Inc. 0.9%

Value ($000) $50,026 (-23.2%) Shares 248,875 (-12.2%) Est. Cost $89.15 Unrealized +148.1%

ALKT Alkami Technology, Inc. 0.8%

Value ($000) $41,182 (-26.3%) Shares 1,785,098 (-20.7%) Est. Cost $30.07 Unrealized -26.6%

CGNX Cognex Corporation 0.6%

Value ($000) $31,197 (-32.0%) Shares 867,063 (-14.4%) Est. Cost $44.59 Unrealized -9.3%

GKOS Glaukos Corporation 1.1%

Value ($000) $60,426 (+30.1%) Shares 535,169 (-6.1%) Est. Cost $85.12 Unrealized +12.2%

GOOG Alphabet, Inc. Class C 1.4%

Value ($000) $72,445 (+22.8%) Shares 230,863 (-4.7%) Est. Cost $108.21 Unrealized +164.6%

ALGN Align Technology, Inc. 0.2%

Value ($000) $11,445 (-52.7%) Shares 73,297 (-62.1%) Est. Cost $262.05 Unrealized -45.3%

ENTG Entegris, Inc. 0.5%

Value ($000) $29,062 (-29.1%) Shares 344,953 (-22.2%) Est. Cost $95.62 Unrealized -9.3%

WK Workiva, Inc. 1.9%

Value ($000) $99,483 (-10.5%) Shares 1,153,427 (-10.6%) Est. Cost $54.42 Unrealized +62.7%

WSO Watsco, Inc. 0.4%

Value ($000) $23,388 (-33.0%) Shares 69,410 (-19.6%) Est. Cost $188.30 Unrealized +89.6%

TRNS Transcat, Inc. 0.4%

Value ($000) $19,147 (-35.8%) Shares 337,505 (-17.1%) Est. Cost $101.29 Unrealized -38.5%

ENSG Ensign Group, Inc. 2.3%

Value ($000) $121,332 (-8.0%) Shares 696,510 (-8.7%) Est. Cost $66.62 Unrealized +169.6%

ACVA ACV Auctions, Inc. 0.5%

Value ($000) $25,039 (-29.2%) Shares 3,122,032 (-12.5%) Est. Cost $15.54 Unrealized -47.9%

GDDY GoDaddy, Inc. 0.5%

Value ($000) $24,670 (-28.8%) Shares 198,820 (-21.5%) Est. Cost $65.61 Unrealized +97.2%

KAI Kadant, Inc. 0.9%

Value ($000) $50,125 (-15.1%) Shares 175,864 (-11.4%) Est. Cost $174.17 Unrealized +62.9%

DSGX Descartes Systems Group, Inc. 0.9%

Value ($000) $46,841 (-15.6%) Shares 534,345 (-9.2%) Est. Cost $57.63 Unrealized +55.1%

TOST Toast, Inc. 0.5%

Value ($000) $26,812 (-23.7%) Shares 755,052 (-21.6%) Est. Cost $21.67 Unrealized +66.4%

SSD Simpson Manufacturing Company, 0.7%

Value ($000) $36,191 (-17.5%) Shares 224,136 (-14.4%) Est. Cost $181.55 Unrealized -7.1%

MSI Motorola Solutions, Inc. 0.5%

Value ($000) $27,689 (-21.7%) Shares 72,235 (-6.5%) Est. Cost $278.05 Unrealized +44.1%

SNPS Synopsys, Inc. 0.4%

Value ($000) $19,112 (-28.4%) Shares 40,687 (-24.8%) Est. Cost $565.30 Unrealized -21.4%

WST West Pharmaceutical Services, 1.6%

Value ($000) $87,663 (-7.8%) Shares 318,613 (-12.1%) Est. Cost $136.35 Unrealized +100.5%

TTD Trade Desk, Inc. 0.2%

Value ($000) $8,469 (-45.6%) Shares 223,103 (-29.8%) Est. Cost $80.68 Unrealized -45.1%

PRVA Privia Health Group, Inc. 2.0%

Value ($000) $108,677 (-5.8%) Shares 4,583,590 (-1.1%) Est. Cost $23.97 Unrealized +1.5%

ALRM Alarm.com Holdings, Inc. 0.7%

Value ($000) $36,906 (-14.7%) Shares 723,361 (-11.3%) Est. Cost $47.47 Unrealized +7.4%

ADI Analog Devices, Inc. 1.9%

Value ($000) $101,528 (+6.4%) Shares 374,366 (-3.6%) Est. Cost $78.28 Unrealized +220.2%

STVN Stevanato Group SpA 0.3%

Value ($000) $14,389 (-27.7%) Shares 715,159 (-7.5%) Est. Cost $30.05 Unrealized -22.7%

DV DoubleVerify Holdings, Inc. 0.4%

Value ($000) $19,010 (-22.4%) Shares 1,661,695 (-18.7%) Est. Cost $27.62 Unrealized -60.1%

DHR Danaher Corporation 1.0%

Value ($000) $55,080 (+11.0%) Shares 240,606 (-3.9%) Est. Cost $127.69 Unrealized +71.9%

RGEN Repligen Corporation 1.0%

Value ($000) $51,348 (+11.9%) Shares 313,365 (-8.8%) Est. Cost $161.18 Unrealized -2.8%

FIVE Five Below, Inc. 2.9%

Value ($000) $153,446 (+3.4%) Shares 814,643 (-15.1%) Est. Cost $85.81 Unrealized +89.4%

CASY Casey's General Stores, Inc. 0.3%

Value ($000) $16,062 (-23.5%) Shares 29,061 (-21.8%) Est. Cost $521.89 Unrealized +5.3%

UNH UnitedHealth Group, Inc. 0.8%

Value ($000) $40,911 (-10.6%) Shares 123,931 (-6.5%) Est. Cost $110.15 Unrealized +206.1%

CWAN Clearwater Analytics Holdings, 0.6%

Value ($000) $31,325 (+18.4%) Shares 1,298,714 (-11.5%) Est. Cost $23.01 Unrealized -12.9%

TECH Bio-Techne Corporation 0.9%

Value ($000) $46,212 (-8.4%) Shares 785,788 (-13.3%) Est. Cost $61.43 Unrealized -1.2%

PHR Phreesia, Inc. 0.1%

Value ($000) $7,767 (-34.7%) Shares 459,047 (-9.2%) Est. Cost $44.85 Unrealized -54.0%

BBSI Barrett Business Services, Inc 0.2%

Value ($000) $10,702 (-26.0%) Shares 295,543 (-9.4%) Est. Cost $40.92 Unrealized -6.6%

CSW CSW Industrials, Inc. 0.7%

Value ($000) $38,280 (+9.4%) Shares 130,412 (-9.6%) Est. Cost $359.17 Unrealized -25.9%

CRM Salesforce, Inc. 0.9%

Value ($000) $47,272 (+7.4%) Shares 178,444 (-3.9%) Est. Cost $99.36 Unrealized +149.8%

FRPT Freshpet, Inc. 1.1%

Value ($000) $61,156 (-4.1%) Shares 1,003,710 (-13.3%) Est. Cost $76.57 Unrealized -25.9%

HLMN Hillman Solutions Corporation 0.4%

Value ($000) $18,758 (-11.9%) Shares 2,166,002 (-6.6%) Est. Cost $9.60 Unrealized -6.1%

POWI Power Integrations, Inc. 0.2%

Value ($000) $12,709 (-16.2%) Shares 357,594 (-5.2%) Est. Cost $47.30 Unrealized -20.2%

SPGI S&P Global, Inc. 1.5%

Value ($000) $80,997 (+3.1%) Shares 154,991 (-4.0%) Est. Cost $394.16 Unrealized +25.4%

CHE Chemed Corporation 0.4%

Value ($000) $23,155 (-9.2%) Shares 54,119 (-5.0%) Est. Cost $156.02 Unrealized +178.8%

WSC WillScot Holdings Corporation 0.3%

Value ($000) $13,486 (-14.8%) Shares 716,222 (-4.5%) Est. Cost $19.32 Unrealized +4.4%

FWRG First Watch Restaurant Group, 0.3%

Value ($000) $16,528 (-11.1%) Shares 1,096,029 (-7.8%) Est. Cost $16.79 Unrealized +0.4%

SBUX Starbucks Corporation 0.7%

Value ($000) $38,019 (-5.1%) Shares 451,477 (-4.7%) Est. Cost $38.15 Unrealized +120.3%

ORCL Oracle Corporation 0.0%

Value ($000) $2,480 (-37.7%) Shares 12,722 (-10.0%) Est. Cost $120.26 Unrealized +98.0%

AMZN Amazon.com, Inc. 2.6%

Value ($000) $140,285 (+1.0%) Shares 607,766 (-3.9%) Est. Cost $119.14 Unrealized +92.0%

BROS Dutch Bros, Inc. 0.4%

Value ($000) $18,679 (-6.8%) Shares 305,106 (-20.3%) Est. Cost $63.23 Unrealized -10.1%

TJX TJX Companies, Inc. 0.1%

Value ($000) $3,621 (-26.5%) Shares 23,570 (-30.8%) Est. Cost $54.40 Unrealized +171.5%

INSP Inspire Medical Systems, Inc. 0.2%

Value ($000) $8,957 (+16.5%) Shares 97,111 (-6.2%) Est. Cost $194.11 Unrealized -50.7%

EFX Equifax, Inc. 0.0%

Value ($000) $2,489 (-31.4%) Shares 11,472 (-19.0%) Est. Cost $117.14 Unrealized +86.7%

PNTG Pennant Group, Inc. 0.4%

Value ($000) $19,833 (+6.0%) Shares 704,535 (-5.1%) Est. Cost $34.47 Unrealized -22.8%

GSHD Goosehead Insurance, Inc. 0.3%

Value ($000) $15,495 (-5.6%) Shares 210,392 (-4.6%) Est. Cost $76.95 Unrealized -7.4%

GLOB Globant S.A. 0.9%

Value ($000) $50,255 (-1.8%) Shares 768,774 (-13.8%) Est. Cost $70.63 Unrealized -11.0%

— Linde Plc 0.1%

Value ($000) $4,118 (-15.9%) Shares 9,657 (-6.3%) Est. Cost $358.98 Unrealized —

V Visa, Inc. 1.0%

Value ($000) $53,628 (-1.4%) Shares 152,913 (-4.0%) Est. Cost $117.37 Unrealized +190.0%

— OrthoPediatrics Corporation 0.1%

Value ($000) $4,764 (-12.5%) Shares 268,265 (-8.7%) Est. Cost $42.23 Unrealized —

WDAY Workday, Inc. Class A 0.0%

Value ($000) $858 (-41.4%) Shares 3,994 (-34.3%) Est. Cost $235.94 Unrealized -3.7%

ABT Abbott Laboratories 0.0%

Value ($000) $1,319 (-26.6%) Shares 10,528 (-21.6%) Est. Cost $130.60 Unrealized -2.5%

ACN Accenture Plc 0.0%

Value ($000) $567 (-42.2%) Shares 2,115 (-46.8%) Est. Cost $281.60 Unrealized -9.8%

GDYN Grid Dynamics Holdings, Inc. 0.3%

Value ($000) $15,766 (+1.9%) Shares 1,745,967 (-13.0%) Est. Cost $21.57 Unrealized -59.8%

IDXX IDEXX Laboratories, Inc. 1.1%

Value ($000) $60,684 (-0.5%) Shares 89,699 (-6.0%) Est. Cost $294.06 Unrealized +131.6%

TSM Taiwan Semiconductor Manufactu 0.1%

Value ($000) $3,569 (+7.6%) Shares 11,743 (-1.1%) Est. Cost $163.14 Unrealized —

PAYX Paychex, Inc. 0.0%

Value ($000) $1,693 (-12.8%) Shares 15,088 (-1.4%) Est. Cost $30.47 Unrealized +282.5%

PG Procter & Gamble Company 0.0%

Value ($000) $2,053 (-9.8%) Shares 14,327 (-3.3%) Est. Cost $81.88 Unrealized +79.7%

AGYS Agilysys, Inc. 0.7%

Value ($000) $39,474 (-0.5%) Shares 332,157 (-11.9%) Est. Cost $91.40 Unrealized +31.7%

CRL Charles River Laboratories Int 0.4%

Value ($000) $19,814 (+1.1%) Shares 99,328 (-20.7%) Est. Cost $273.67 Unrealized -33.7%

JNJ Johnson & Johnson 0.0%

Value ($000) $2,072 (+7.6%) Shares 10,014 (-3.6%) Est. Cost $69.74 Unrealized +182.5%

— BlackRock Multi-Sector Inc. 0.0%

Value ($000) $636 (-17.6%) Shares 48,670 (-15.5%) Est. Cost $13.39 Unrealized —

OPCH Option Care Health, Inc. 0.8%

Value ($000) $40,225 (+0.1%) Shares 1,262,553 (-12.7%) Est. Cost $32.13 Unrealized -8.6%

RHHBY Roche Holding Ltd ADR 0.0%

Value ($000) $363 (+6.6%) Shares 7,047 (-13.6%) Est. Cost $40.86 Unrealized —

JKHY Jack Henry & Associates, Inc. 0.3%

Value ($000) $16,384 (+0.1%) Shares 89,785 (-18.3%) Est. Cost $160.23 Unrealized +3.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LOPE	Grand Canyon Education, Inc.	853,107 (-10.5%)	$141,880 (-32.2%)	2.7%	$71.59	+152.6%	COM	38526M106
CSGP	CoStar Group, Inc.	1,452,546 (-12.5%)	$97,669 (-30.2%)	1.8%	$78.37	-9.6%	COM	22160N109
NVDA	NVIDIA Corporation	1,526,980 (-11.5%)	$284,782 (-11.5%)	5.3%	$90.55	+105.6%	COM	67066G104
PAYC	Paycom Software, Inc.	357,210 (-19.7%)	$56,925 (-38.5%)	1.1%	$178.69	-1.0%	COM	70432V102
MEDP	Medpace Holdings, Inc.	272,969 (-25.2%)	$153,313 (-18.3%)	2.9%	$182.76	+210.6%	COM	58506Q109
TYL	Tyler Technologies, Inc.	238,740 (-11.1%)	$108,376 (-22.9%)	2.0%	$232.07	+105.3%	COM	902252105
VEEV	Veeva Systems, Inc.	330,143 (-5.4%)	$73,698 (-29.1%)	1.4%	$70.77	+274.9%	COM	922475108
MSFT	Microsoft Corporation	493,162 (-4.5%)	$238,503 (-10.8%)	4.5%	$47.87	+945.8%	COM	594918104
FAST	Fastenal Company	2,381,560 (-5.0%)	$95,572 (-22.3%)	1.8%	$26.25	+60.1%	COM	311900104
RBA	RB Global, Inc.	1,501,366 (-9.7%)	$154,445 (-14.3%)	2.9%	$56.38	+80.2%	COM	74935Q107
FND	Floor & Decor Holdings, Inc.	696,494 (-23.8%)	$42,410 (-37.0%)	0.8%	$80.43	-19.4%	COM	339750101
ROL	Rollins, Inc.	1,545,713 (-22.8%)	$92,774 (-21.1%)	1.7%	$23.08	+154.2%	COM	775711104
TSLA	Tesla, Inc.	132,939 (-29.4%)	$59,785 (-28.6%)	1.1%	$174.77	+153.6%	COM	88160R101
HEI	HEICO Corporation	589,525 (-9.7%)	$190,764 (-9.5%)	3.6%	$65.41	+383.1%	COM	422806109
GOOGL	Alphabet, Inc. Class A	301,580 (-2.2%)	$94,395 (+25.9%)	1.8%	$106.59	+167.9%	COM	02079K305
KNSL	Kinsale Capital Group, Inc.	268,453 (-7.6%)	$104,997 (-15.0%)	2.0%	$351.18	+16.1%	COM	49714P108
BL	BlackLine, Inc.	372,814 (-48.3%)	$20,613 (-46.1%)	0.4%	$52.57	+4.8%	COM	09239B109
DOCS	Doximity, Inc.	528,578 (-4.8%)	$23,405 (-42.4%)	0.4%	$26.38	+112.8%	COM	26622P107
PCTY	Paylocity Holding Corporation	493,463 (-14.3%)	$75,253 (-17.9%)	1.4%	$140.61	+5.8%	COM	70438V106
CCC	CCC Intelligent Solutions Hold	5,120,480 (-17.3%)	$40,708 (-27.8%)	0.8%	$9.77	-16.7%	COM	12510Q100
GWRE	Guidewire Software, Inc.	248,875 (-12.2%)	$50,026 (-23.2%)	0.9%	$89.15	+148.1%	COM	40171V100
ALKT	Alkami Technology, Inc.	1,785,098 (-20.7%)	$41,182 (-26.3%)	0.8%	$30.07	-26.6%	COM	01644J108
CGNX	Cognex Corporation	867,063 (-14.4%)	$31,197 (-32.0%)	0.6%	$44.59	-9.3%	COM	192422103
GKOS	Glaukos Corporation	535,169 (-6.1%)	$60,426 (+30.1%)	1.1%	$85.12	+12.2%	COM	377322102
GOOG	Alphabet, Inc. Class C	230,863 (-4.7%)	$72,445 (+22.8%)	1.4%	$108.21	+164.6%	COM	02079K107
ALGN	Align Technology, Inc.	73,297 (-62.1%)	$11,445 (-52.7%)	0.2%	$262.05	-45.3%	COM	016255101
ENTG	Entegris, Inc.	344,953 (-22.2%)	$29,062 (-29.1%)	0.5%	$95.62	-9.3%	COM	29362U104
WK	Workiva, Inc.	1,153,427 (-10.6%)	$99,483 (-10.5%)	1.9%	$54.42	+62.7%	COM	98139A105
WSO	Watsco, Inc.	69,410 (-19.6%)	$23,388 (-33.0%)	0.4%	$188.30	+89.6%	COM	942622200
TRNS	Transcat, Inc.	337,505 (-17.1%)	$19,147 (-35.8%)	0.4%	$101.29	-38.5%	COM	893529107
ENSG	Ensign Group, Inc.	696,510 (-8.7%)	$121,332 (-8.0%)	2.3%	$66.62	+169.6%	COM	29358P101
ACVA	ACV Auctions, Inc.	3,122,032 (-12.5%)	$25,039 (-29.2%)	0.5%	$15.54	-47.9%	COM	00091G104
GDDY	GoDaddy, Inc.	198,820 (-21.5%)	$24,670 (-28.8%)	0.5%	$65.61	+97.2%	COM	380237107
KAI	Kadant, Inc.	175,864 (-11.4%)	$50,125 (-15.1%)	0.9%	$174.17	+62.9%	COM	48282T104
DSGX	Descartes Systems Group, Inc.	534,345 (-9.2%)	$46,841 (-15.6%)	0.9%	$57.63	+55.1%	COM	249906108
TOST	Toast, Inc.	755,052 (-21.6%)	$26,812 (-23.7%)	0.5%	$21.67	+66.4%	COM	888787108
SSD	Simpson Manufacturing Company,	224,136 (-14.4%)	$36,191 (-17.5%)	0.7%	$181.55	-7.1%	COM	829073105
MSI	Motorola Solutions, Inc.	72,235 (-6.5%)	$27,689 (-21.7%)	0.5%	$278.05	+44.1%	COM	620076307
SNPS	Synopsys, Inc.	40,687 (-24.8%)	$19,112 (-28.4%)	0.4%	$565.30	-21.4%	COM	871607107
WST	West Pharmaceutical Services,	318,613 (-12.1%)	$87,663 (-7.8%)	1.6%	$136.35	+100.5%	COM	955306105
TTD	Trade Desk, Inc.	223,103 (-29.8%)	$8,469 (-45.6%)	0.2%	$80.68	-45.1%	COM	88339J105
PRVA	Privia Health Group, Inc.	4,583,590 (-1.1%)	$108,677 (-5.8%)	2.0%	$23.97	+1.5%	COM	74276R102
ALRM	Alarm.com Holdings, Inc.	723,361 (-11.3%)	$36,906 (-14.7%)	0.7%	$47.47	+7.4%	COM	011642105
ADI	Analog Devices, Inc.	374,366 (-3.6%)	$101,528 (+6.4%)	1.9%	$78.28	+220.2%	COM	032654105
STVN	Stevanato Group SpA	715,159 (-7.5%)	$14,389 (-27.7%)	0.3%	$30.05	-22.7%	COM	T9224W109
DV	DoubleVerify Holdings, Inc.	1,661,695 (-18.7%)	$19,010 (-22.4%)	0.4%	$27.62	-60.1%	COM	25862V105
DHR	Danaher Corporation	240,606 (-3.9%)	$55,080 (+11.0%)	1.0%	$127.69	+71.9%	COM	235851102
RGEN	Repligen Corporation	313,365 (-8.8%)	$51,348 (+11.9%)	1.0%	$161.18	-2.8%	COM	759916109
FIVE	Five Below, Inc.	814,643 (-15.1%)	$153,446 (+3.4%)	2.9%	$85.81	+89.4%	COM	33829M101
CASY	Casey's General Stores, Inc.	29,061 (-21.8%)	$16,062 (-23.5%)	0.3%	$521.89	+5.3%	COM	147528103
UNH	UnitedHealth Group, Inc.	123,931 (-6.5%)	$40,911 (-10.6%)	0.8%	$110.15	+206.1%	COM	91324P102
CWAN	Clearwater Analytics Holdings,	1,298,714 (-11.5%)	$31,325 (+18.4%)	0.6%	$23.01	-12.9%	COM	185123106
TECH	Bio-Techne Corporation	785,788 (-13.3%)	$46,212 (-8.4%)	0.9%	$61.43	-1.2%	COM	09073M104
PHR	Phreesia, Inc.	459,047 (-9.2%)	$7,767 (-34.7%)	0.1%	$44.85	-54.0%	COM	71944F106
BBSI	Barrett Business Services, Inc	295,543 (-9.4%)	$10,702 (-26.0%)	0.2%	$40.92	-6.6%	COM	068463108
CSW	CSW Industrials, Inc.	130,412 (-9.6%)	$38,280 (+9.4%)	0.7%	$359.17	-25.9%	COM	126402106
CRM	Salesforce, Inc.	178,444 (-3.9%)	$47,272 (+7.4%)	0.9%	$99.36	+149.8%	COM	79466L302
FRPT	Freshpet, Inc.	1,003,710 (-13.3%)	$61,156 (-4.1%)	1.1%	$76.57	-25.9%	COM	358039105
HLMN	Hillman Solutions Corporation	2,166,002 (-6.6%)	$18,758 (-11.9%)	0.4%	$9.60	-6.1%	COM	431636109
POWI	Power Integrations, Inc.	357,594 (-5.2%)	$12,709 (-16.2%)	0.2%	$47.30	-20.2%	COM	739276103
SPGI	S&P Global, Inc.	154,991 (-4.0%)	$80,997 (+3.1%)	1.5%	$394.16	+25.4%	COM	78409V104
CHE	Chemed Corporation	54,119 (-5.0%)	$23,155 (-9.2%)	0.4%	$156.02	+178.8%	COM	16359R103
WSC	WillScot Holdings Corporation	716,222 (-4.5%)	$13,486 (-14.8%)	0.3%	$19.32	+4.4%	COM	971378104
FWRG	First Watch Restaurant Group,	1,096,029 (-7.8%)	$16,528 (-11.1%)	0.3%	$16.79	+0.4%	COM	33748L101
SBUX	Starbucks Corporation	451,477 (-4.7%)	$38,019 (-5.1%)	0.7%	$38.15	+120.3%	COM	855244109
ORCL	Oracle Corporation	12,722 (-10.0%)	$2,480 (-37.7%)	0.0%	$120.26	+98.0%	COM	68389X105
AMZN	Amazon.com, Inc.	607,766 (-3.9%)	$140,285 (+1.0%)	2.6%	$119.14	+92.0%	COM	023135106
BROS	Dutch Bros, Inc.	305,106 (-20.3%)	$18,679 (-6.8%)	0.4%	$63.23	-10.1%	COM	26701L100
TJX	TJX Companies, Inc.	23,570 (-30.8%)	$3,621 (-26.5%)	0.1%	$54.40	+171.5%	COM	872540109
INSP	Inspire Medical Systems, Inc.	97,111 (-6.2%)	$8,957 (+16.5%)	0.2%	$194.11	-50.7%	COM	457730109
EFX	Equifax, Inc.	11,472 (-19.0%)	$2,489 (-31.4%)	0.0%	$117.14	+86.7%	COM	294429105
PNTG	Pennant Group, Inc.	704,535 (-5.1%)	$19,833 (+6.0%)	0.4%	$34.47	-22.8%	COM	70805E109
GSHD	Goosehead Insurance, Inc.	210,392 (-4.6%)	$15,495 (-5.6%)	0.3%	$76.95	-7.4%	COM	38267D109
GLOB	Globant S.A.	768,774 (-13.8%)	$50,255 (-1.8%)	0.9%	$70.63	-11.0%	COM	L44385109
—	Linde Plc	9,657 (-6.3%)	$4,118 (-15.9%)	0.1%	$358.98	—	COM	g54950103
V	Visa, Inc.	152,913 (-4.0%)	$53,628 (-1.4%)	1.0%	$117.37	+190.0%	COM	92826C839
—	OrthoPediatrics Corporation	268,265 (-8.7%)	$4,764 (-12.5%)	0.1%	$42.23	—	COM	68752l100
WDAY	Workday, Inc. Class A	3,994 (-34.3%)	$858 (-41.4%)	0.0%	$235.94	-3.7%	COM	98138H101
ABT	Abbott Laboratories	10,528 (-21.6%)	$1,319 (-26.6%)	0.0%	$130.60	-2.5%	COM	002824100
ACN	Accenture Plc	2,115 (-46.8%)	$567 (-42.2%)	0.0%	$281.60	-9.8%	COM	G1151C101
GDYN	Grid Dynamics Holdings, Inc.	1,745,967 (-13.0%)	$15,766 (+1.9%)	0.3%	$21.57	-59.8%	COM	39813G109
IDXX	IDEXX Laboratories, Inc.	89,699 (-6.0%)	$60,684 (-0.5%)	1.1%	$294.06	+131.6%	COM	45168D104
TSM	Taiwan Semiconductor Manufactu	11,743 (-1.1%)	$3,569 (+7.6%)	0.1%	$163.14	—	COM	874039100
PAYX	Paychex, Inc.	15,088 (-1.4%)	$1,693 (-12.8%)	0.0%	$30.47	+282.5%	COM	704326107
PG	Procter & Gamble Company	14,327 (-3.3%)	$2,053 (-9.8%)	0.0%	$81.88	+79.7%	COM	742718109
AGYS	Agilysys, Inc.	332,157 (-11.9%)	$39,474 (-0.5%)	0.7%	$91.40	+31.7%	COM	00847J105
CRL	Charles River Laboratories Int	99,328 (-20.7%)	$19,814 (+1.1%)	0.4%	$273.67	-33.7%	COM	159864107
JNJ	Johnson & Johnson	10,014 (-3.6%)	$2,072 (+7.6%)	0.0%	$69.74	+182.5%	COM	478160104
—	BlackRock Multi-Sector Inc.	48,670 (-15.5%)	$636 (-17.6%)	0.0%	$13.39	—	CEF	09258A107
OPCH	Option Care Health, Inc.	1,262,553 (-12.7%)	$40,225 (+0.1%)	0.8%	$32.13	-8.6%	COM	68404L201
RHHBY	Roche Holding Ltd ADR	7,047 (-13.6%)	$363 (+6.6%)	0.0%	$40.86	—	COM	771195104
JKHY	Jack Henry & Associates, Inc.	89,785 (-18.3%)	$16,384 (+0.1%)	0.3%	$160.23	+3.7%	COM	426281101

Unchanged Positions (28)

AAPL Apple Inc. 0.2%

Value ($000) $8,657 Shares 31,843 Est. Cost $100.00 Unrealized +168.3%

WMT Walmart, Inc. 0.1%

Value ($000) $3,692 Shares 33,135 Est. Cost $45.01 Unrealized +138.2%

ROK Rockwell Automation Com 0.0%

Value ($000) $2,634 Shares 6,769 Est. Cost $153.61 Unrealized +144.3%

TSCO Tractor Supply Company 0.0%

Value ($000) $1,766 Shares 35,315 Est. Cost $50.58 Unrealized +6.2%

FISV Fiserv, Inc. 0.0%

Value ($000) $207 Shares 3,080 Est. Cost $50.33 Unrealized +66.6%

ECL Ecolab, Inc. 0.1%

Value ($000) $3,482 Shares 13,264 Est. Cost $98.70 Unrealized +169.2%

VFIAX Vanguard Index Tr 500 Index Ad 0.1%

Value ($000) $4,540 Shares 7,185 Est. Cost $259.18 Unrealized —

EFA Ishares Tr Msci Eafe Idx 0.0%

Value ($000) $1,599 Shares 16,647 Est. Cost $75.61 Unrealized —

DBSDY DBS Group Holdings Ltd Sponsor 0.0%

Value ($000) $359 Shares 2,044 Est. Cost $112.16 Unrealized —

SNA Snap-on, Inc. 0.1%

Value ($000) $2,894 Shares 8,397 Est. Cost $141.22 Unrealized +141.1%

FXAIX Fidelity 500 Index Fund Inst 0.0%

Value ($000) $1,537 Shares 6,468 Est. Cost $197.53 Unrealized —

ALIZY Allianz SE Unsponsored ADR 0.0%

Value ($000) $318 Shares 6,903 Est. Cost $30.07 Unrealized —

CYATY Contemporary Amperex Technolog 0.0%

Value ($000) $168 Shares 10,392 Est. Cost $18.31 Unrealized —

SYK Stryker Corp Com 0.0%

Value ($000) $422 Shares 1,200 Est. Cost $88.14 Unrealized +312.4%

VWO Vanguard Intl Eqty Idx Emr Mkt 0.0%

Value ($000) $1,339 Shares 24,907 Est. Cost $44.04 Unrealized —

HLN Haleon PLC Sponsored ADR 0.0%

Value ($000) $177 Shares 17,477 Est. Cost $8.85 Unrealized —

HDB HDFC Bank Limited Sponsored AD 0.0%

Value ($000) $261 Shares 7,156 Est. Cost $50.30 Unrealized —

VNQ Vanguard Index Fds Reit Etf 0.0%

Value ($000) $512 Shares 5,791 Est. Cost $89.08 Unrealized —

— Neuberger Berman Municipal Fun 0.0%

Value ($000) $670 Shares 66,248 Est. Cost $10.32 Unrealized —

IWB Ishares Tr Russell 1000 0.0%

Value ($000) $739 Shares 1,980 Est. Cost $98.97 Unrealized —

AAGIY AIA Group Limited Sponsored AD 0.0%

Value ($000) $236 Shares 5,764 Est. Cost $36.18 Unrealized —

— Western Asset Intermediate Mun 0.0%

Value ($000) $314 Shares 40,871 Est. Cost $7.91 Unrealized —

SHEL Shell PLC Sponsored ADR 0.0%

Value ($000) $241 Shares 3,278 Est. Cost $73.28 Unrealized —

— BlackRock MuniVest Fund II, In 0.0%

Value ($000) $412 Shares 38,068 Est. Cost $11.26 Unrealized —

— BlackRock MuniHoldings Quality 0.0%

Value ($000) $474 Shares 47,303 Est. Cost $9.98 Unrealized —

— BlackRock MuniHoldings Fund In 0.0%

Value ($000) $679 Shares 57,875 Est. Cost $11.71 Unrealized —

— MFS High Income Municipal Trus 0.0%

Value ($000) $319 Shares 86,286 Est. Cost $3.72 Unrealized —

— BlackRock MuniVest Fund, Inc. 0.0%

Value ($000) $275 Shares 39,648 Est. Cost $6.69 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	Apple Inc.	31,843	$8,657	0.2%	$100.00	+168.3%	COM	037833100
WMT	Walmart, Inc.	33,135	$3,692	0.1%	$45.01	+138.2%	COM	931142103
ROK	Rockwell Automation Com	6,769	$2,634	0.0%	$153.61	+144.3%	COM	773903109
TSCO	Tractor Supply Company	35,315	$1,766	0.0%	$50.58	+6.2%	COM	892356106
FISV	Fiserv, Inc.	3,080	$207	0.0%	$50.33	+66.6%	COM	337738108
ECL	Ecolab, Inc.	13,264	$3,482	0.1%	$98.70	+169.2%	COM	278865100
VFIAX	Vanguard Index Tr 500 Index Ad	7,185	$4,540	0.1%	$259.18	—	COM	922908710
EFA	Ishares Tr Msci Eafe Idx	16,647	$1,599	0.0%	$75.61	—	INTL	464287465
DBSDY	DBS Group Holdings Ltd Sponsor	2,044	$359	0.0%	$112.16	—	COM	23304Y100
SNA	Snap-on, Inc.	8,397	$2,894	0.1%	$141.22	+141.1%	COM	833034101
FXAIX	Fidelity 500 Index Fund Inst	6,468	$1,537	0.0%	$197.53	—	COM	315911750
ALIZY	Allianz SE Unsponsored ADR	6,903	$318	0.0%	$30.07	—	COM	018820100
CYATY	Contemporary Amperex Technolog	10,392	$168	0.0%	$18.31	—	COM	210919106
SYK	Stryker Corp Com	1,200	$422	0.0%	$88.14	+312.4%	COM	863667101
VWO	Vanguard Intl Eqty Idx Emr Mkt	24,907	$1,339	0.0%	$44.04	—	INTL	922042858
HLN	Haleon PLC Sponsored ADR	17,477	$177	0.0%	$8.85	—	COM	405552100
HDB	HDFC Bank Limited Sponsored AD	7,156	$261	0.0%	$50.30	—	COM	40415F101
VNQ	Vanguard Index Fds Reit Etf	5,791	$512	0.0%	$89.08	—	REIT	922908553
—	Neuberger Berman Municipal Fun	66,248	$670	0.0%	$10.32	—	NCEF	64124P101
IWB	Ishares Tr Russell 1000	1,980	$739	0.0%	$98.97	—	COM	464287622
AAGIY	AIA Group Limited Sponsored AD	5,764	$236	0.0%	$36.18	—	COM	001317205
—	Western Asset Intermediate Mun	40,871	$314	0.0%	$7.91	—	NCEF	958435109
SHEL	Shell PLC Sponsored ADR	3,278	$241	0.0%	$73.28	—	COM	780259305
—	BlackRock MuniVest Fund II, In	38,068	$412	0.0%	$11.26	—	NCEF	09253T101
—	BlackRock MuniHoldings Quality	47,303	$474	0.0%	$9.98	—	NCEF	09254C107
—	BlackRock MuniHoldings Fund In	57,875	$679	0.0%	$11.71	—	NCEF	09253N104
—	MFS High Income Municipal Trus	86,286	$319	0.0%	$3.72	—	CEF	59318D104
—	BlackRock MuniVest Fund, Inc.	39,648	$275	0.0%	$6.69	—	NCEF	09253R105