Champlain Investment Partners, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FND	FLOOR & DECOR HLDGS INC	1,774,674	$108,060	1.1%	$64.82	0.0%	CL A	339750101
BRO	BROWN & BROWN INC	1,099,310	$87,615	0.9%	$83.36	0.0%	COM	115236101
SFM	SPROUTS FMRS MKT INC	1,023,681	$81,557	0.8%	$89.72	0.0%	COM	85208M102
WCN	WASTE CONNECTIONS INC	412,335	$72,307	0.7%	$172.81	0.0%	COM	94106B101
CBSH	COMMERCE BANCSHARES INC	1,123,994	$58,830	0.6%	$52.11	0.0%	COM	200525103
CBC	CENTRAL BANCOMPANY	1,748,118	$42,165	0.4%	$23.43	0.0%	COM CL A	152413100
KRMN	KARMAN HLDGS INC	487,405	$35,663	0.4%	$72.41	0.0%	COMMON STOCK	485924104
MMSI	MERIT MED SYS INC	367,130	$32,359	0.3%	$85.11	0.0%	COM	589889104
RAL	RALLIANT CORP	504,015	$25,659	0.3%	$46.87	0.0%	COM	750940108
CAI	CARIS LIFE SCIENCES INC	939,365	$25,344	0.3%	$28.16	0.0%	COM	142152107
MKTX	MARKETAXESS HLDGS INC	103,311	$18,725	0.2%	$169.50	0.0%	COM	57060D108
EAT	BRINKER INTL INC	126,037	$18,089	0.2%	$130.99	0.0%	COM	109641100

Increased Positions (18)

CSL CARLISLE COS INC 1.1%

Value ($000) $107,174 (+143.9%) Shares 335,065 (+150.8%) Est. Cost $344.83 Unrealized -6.4%

AKAM AKAMAI TECHNOLOGIES INC 0.9%

Value ($000) $91,441 (+70.0%) Shares 1,048,035 (+47.6%) Est. Cost $97.41 Unrealized -15.6%

VEEV VEEVA SYS INC 0.9%

Value ($000) $91,073 (-21.4%) Shares 407,979 (+4.9%) Est. Cost $155.89 Unrealized +70.2%

BRKR BRUKER CORP 0.4%

Value ($000) $35,427 (+226.3%) Shares 751,998 (+125.1%) Est. Cost $40.56 Unrealized +4.1%

TW TRADEWEB MKTS INC 1.3%

Value ($000) $130,806 (+21.4%) Shares 1,216,346 (+25.3%) Est. Cost $77.76 Unrealized +38.1%

FTV FORTIVE CORP 1.0%

Value ($000) $97,370 (+22.4%) Shares 1,763,637 (+8.6%) Est. Cost $47.29 Unrealized +9.7%

FDS FACTSET RESH SYS INC 1.0%

Value ($000) $99,617 (+17.1%) Shares 343,281 (+15.6%) Est. Cost $371.71 Unrealized -24.7%

TOST TOAST INC 1.0%

Value ($000) $103,180 (+16.0%) Shares 2,905,648 (+19.2%) Est. Cost $21.92 Unrealized +64.5%

CVLT COMMVAULT SYS INC 0.5%

Value ($000) $50,953 (-21.6%) Shares 406,457 (+18.0%) Est. Cost $162.50 Unrealized -13.4%

WST WEST PHARMACEUTICAL SVSC INC 1.3%

Value ($000) $130,789 (+8.6%) Shares 475,355 (+3.6%) Est. Cost $292.17 Unrealized -6.4%

SNPS SYNOPSYS INC 1.3%

Value ($000) $130,031 (+8.4%) Shares 276,826 (+13.8%) Est. Cost $271.00 Unrealized +63.9%

ACGL ARCH CAP GROUP LTD 1.3%

Value ($000) $127,215 (+8.0%) Shares 1,326,264 (+2.2%) Est. Cost $91.76 Unrealized -0.3%

VCEL VERICEL CORP 0.4%

Value ($000) $37,049 (+19.2%) Shares 1,028,847 (+4.2%) Est. Cost $46.73 Unrealized -21.4%

CHWY CHEWY INC 1.0%

Value ($000) $94,220 (+5.8%) Shares 2,850,818 (+29.5%) Est. Cost $37.69 Unrealized -7.9%

AXON AXON ENTERPRISE INC 1.0%

Value ($000) $102,920 (+2.5%) Shares 181,220 (+29.5%) Est. Cost $358.09 Unrealized +73.3%

DPZ DOMINOS PIZZA INC 1.3%

Value ($000) $132,821 (+1.7%) Shares 318,654 (+5.3%) Est. Cost $436.78 Unrealized -4.9%

FAST FASTENAL CO 1.1%

Value ($000) $108,628 (+1.4%) Shares 2,706,903 (+23.9%) Est. Cost $39.17 Unrealized +7.3%

NOW SERVICENOW INC 0.0%

Value ($000) $295 (+6.8%) Shares 1,925 (+541.7%) Est. Cost $174.21 Unrealized -1.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CSL	CARLISLE COS INC	335,065 (+150.8%)	$107,174 (+143.9%)	1.1%	$344.83	-6.4%	COM	142339100
AKAM	AKAMAI TECHNOLOGIES INC	1,048,035 (+47.6%)	$91,441 (+70.0%)	0.9%	$97.41	-15.6%	COM	00971T101
VEEV	VEEVA SYS INC	407,979 (+4.9%)	$91,073 (-21.4%)	0.9%	$155.89	+70.2%	CL A COM	922475108
BRKR	BRUKER CORP	751,998 (+125.1%)	$35,427 (+226.3%)	0.4%	$40.56	+4.1%	COM	116794108
TW	TRADEWEB MKTS INC	1,216,346 (+25.3%)	$130,806 (+21.4%)	1.3%	$77.76	+38.1%	CL A	892672106
FTV	FORTIVE CORP	1,763,637 (+8.6%)	$97,370 (+22.4%)	1.0%	$47.29	+9.7%	COM	34959J108
FDS	FACTSET RESH SYS INC	343,281 (+15.6%)	$99,617 (+17.1%)	1.0%	$371.71	-24.7%	COM	303075105
TOST	TOAST INC	2,905,648 (+19.2%)	$103,180 (+16.0%)	1.0%	$21.92	+64.5%	CL A	888787108
CVLT	COMMVAULT SYS INC	406,457 (+18.0%)	$50,953 (-21.6%)	0.5%	$162.50	-13.4%	COM	204166102
WST	WEST PHARMACEUTICAL SVSC INC	475,355 (+3.6%)	$130,789 (+8.6%)	1.3%	$292.17	-6.4%	COM	955306105
SNPS	SYNOPSYS INC	276,826 (+13.8%)	$130,031 (+8.4%)	1.3%	$271.00	+63.9%	COM	871607107
ACGL	ARCH CAP GROUP LTD	1,326,264 (+2.2%)	$127,215 (+8.0%)	1.3%	$91.76	-0.3%	ORD	G0450A105
VCEL	VERICEL CORP	1,028,847 (+4.2%)	$37,049 (+19.2%)	0.4%	$46.73	-21.4%	COM	92346J108
CHWY	CHEWY INC	2,850,818 (+29.5%)	$94,220 (+5.8%)	1.0%	$37.69	-7.9%	CL A	16679L109
AXON	AXON ENTERPRISE INC	181,220 (+29.5%)	$102,920 (+2.5%)	1.0%	$358.09	+73.3%	COM	05464C101
DPZ	DOMINOS PIZZA INC	318,654 (+5.3%)	$132,821 (+1.7%)	1.3%	$436.78	-4.9%	COM	25754A201
FAST	FASTENAL CO	2,706,903 (+23.9%)	$108,628 (+1.4%)	1.1%	$39.17	+7.3%	COM	311900104
NOW	SERVICENOW INC	1,925 (+541.7%)	$295 (+6.8%)	0.0%	$174.21	-1.5%	COM	81762P102

Exited Positions (19)

EG EVEREST GROUP LTD 1.4%

Value ($000) $134,538 Shares 384,141 Est. Cost $215.28 Unrealized +53.4%

ROK ROCKWELL AUTOMATION INC 1.3%

Value ($000) $124,473 Shares 356,115 Est. Cost $230.97 Unrealized +62.4%

HRL HORMEL FOODS CORP 0.7%

Value ($000) $73,262 Shares 2,961,282 Est. Cost $37.31 Unrealized -37.6%

DXCM DEXCOM INC 0.7%

Value ($000) $73,085 Shares 1,086,120 Est. Cost $94.40 Unrealized -31.5%

ULTA ULTA BEAUTY INC 0.7%

Value ($000) $67,207 Shares 122,920 Est. Cost $371.60 Unrealized +47.9%

WSFS WSFS FINL CORP 0.7%

Value ($000) $64,441 Shares 1,194,893 Est. Cost $49.71 Unrealized +10.1%

CLX CLOROX CO DEL 0.7%

Value ($000) $64,331 Shares 521,745 Est. Cost $151.19 Unrealized -28.4%

IRTC IRHYTHM TECHNOLOGIES INC 0.6%

Value ($000) $62,884 Shares 365,627 Est. Cost $99.57 Unrealized +78.0%

SMPL SIMPLY GOOD FOODS CO 0.6%

Value ($000) $61,953 Shares 2,496,072 Est. Cost $26.65 Unrealized -21.9%

ESE ESCO TECHNOLOGIES INC 0.6%

Value ($000) $54,847 Shares 259,805 Est. Cost $92.37 Unrealized +128.1%

BBWI BATH & BODY WORKS INC 0.5%

Value ($000) $49,992 Shares 1,940,685 Est. Cost $31.20 Unrealized -30.4%

SPSC SPS COMM INC 0.4%

Value ($000) $36,735 Shares 352,748 Est. Cost $119.01 Unrealized -22.1%

UTZ UTZ BRANDS INC 0.4%

Value ($000) $35,787 Shares 2,945,434 Est. Cost $18.47 Unrealized -41.6%

TENB TENABLE HLDGS INC 0.3%

Value ($000) $32,396 Shares 1,110,975 Est. Cost $35.51 Unrealized -23.0%

CENTA CENTRAL GARDEN & PET CO 0.3%

Value ($000) $31,548 Shares 1,068,329 Est. Cost $35.26 Unrealized -18.0%

JJSF J & J SNACK FOODS CORP 0.3%

Value ($000) $31,379 Shares 326,555 Est. Cost $125.38 Unrealized -28.2%

LUCK LUCKY STRIKE ENTERTAINMENT C 0.3%

Value ($000) $26,294 Shares 2,567,807 Est. Cost $10.69 Unrealized -20.1%

BE BLOOM ENERGY CORP 0.2%

Value ($000) $19,851 Shares 234,725 Est. Cost $46.44 Unrealized +126.3%

AORT ARTIVION INC 0.2%

Value ($000) $17,912 Shares 423,053 Est. Cost $37.69 Unrealized +18.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EG	EVEREST GROUP LTD	384,141	$134,538	1.4%	$215.28	+53.4%	—	G3223R108
ROK	ROCKWELL AUTOMATION INC	356,115	$124,473	1.3%	$230.97	+62.4%	—	773903109
HRL	HORMEL FOODS CORP	2,961,282	$73,262	0.7%	$37.31	-37.6%	—	440452100
DXCM	DEXCOM INC	1,086,120	$73,085	0.7%	$94.40	-31.5%	—	252131107
ULTA	ULTA BEAUTY INC	122,920	$67,207	0.7%	$371.60	+47.9%	—	90384S303
WSFS	WSFS FINL CORP	1,194,893	$64,441	0.7%	$49.71	+10.1%	—	929328102
CLX	CLOROX CO DEL	521,745	$64,331	0.7%	$151.19	-28.4%	—	189054109
IRTC	IRHYTHM TECHNOLOGIES INC	365,627	$62,884	0.6%	$99.57	+78.0%	—	450056106
SMPL	SIMPLY GOOD FOODS CO	2,496,072	$61,953	0.6%	$26.65	-21.9%	—	82900L102
ESE	ESCO TECHNOLOGIES INC	259,805	$54,847	0.6%	$92.37	+128.1%	—	296315104
BBWI	BATH & BODY WORKS INC	1,940,685	$49,992	0.5%	$31.20	-30.4%	—	070830104
SPSC	SPS COMM INC	352,748	$36,735	0.4%	$119.01	-22.1%	—	78463M107
UTZ	UTZ BRANDS INC	2,945,434	$35,787	0.4%	$18.47	-41.6%	—	918090101
TENB	TENABLE HLDGS INC	1,110,975	$32,396	0.3%	$35.51	-23.0%	—	88025T102
CENTA	CENTRAL GARDEN & PET CO	1,068,329	$31,548	0.3%	$35.26	-18.0%	—	153527205
JJSF	J & J SNACK FOODS CORP	326,555	$31,379	0.3%	$125.38	-28.2%	—	466032109
LUCK	LUCKY STRIKE ENTERTAINMENT C	2,567,807	$26,294	0.3%	$10.69	-20.1%	—	10258P102
BE	BLOOM ENERGY CORP	234,725	$19,851	0.2%	$46.44	+126.3%	—	093712107
AORT	ARTIVION INC	423,053	$17,912	0.2%	$37.69	+18.2%	—	228903100

Decreased Positions (97)

PSTG PURE STORAGE INC 1.0%

Value ($000) $97,754 (-72.5%) Shares 1,458,796 (-65.6%) Est. Cost $21.57 Unrealized +287.2%

ELF E L F BEAUTY INC 0.9%

Value ($000) $92,286 (-66.2%) Shares 1,213,647 (-41.2%) Est. Cost $129.99 Unrealized -24.3%

NVT NVENT ELECTRIC PLC 0.4%

Value ($000) $38,583 (-78.1%) Shares 378,372 (-78.8%) Est. Cost $67.94 Unrealized +52.5%

SFBS SERVISFIRST BANCSHARES INC 1.1%

Value ($000) $112,628 (-48.1%) Shares 1,568,859 (-41.8%) Est. Cost $71.29 Unrealized +2.4%

AAON AAON INC 1.3%

Value ($000) $126,934 (-41.5%) Shares 1,664,703 (-28.3%) Est. Cost $84.62 Unrealized +9.1%

MSA MSA SAFETY INC 1.7%

Value ($000) $169,917 (-32.9%) Shares 1,061,052 (-28.0%) Est. Cost $152.17 Unrealized +7.0%

NTNX NUTANIX INC 1.8%

Value ($000) $176,324 (-31.9%) Shares 3,411,175 (-2.0%) Est. Cost $41.36 Unrealized +47.7%

CFR CULLEN FROST BANKERS INC 1.5%

Value ($000) $147,914 (-30.9%) Shares 1,168,081 (-30.9%) Est. Cost $90.46 Unrealized +38.0%

XYL XYLEM INC 1.2%

Value ($000) $114,824 (-36.6%) Shares 843,180 (-31.3%) Est. Cost $106.75 Unrealized +34.5%

DDOG DATADOG INC 0.7%

Value ($000) $68,594 (-47.6%) Shares 504,408 (-45.1%) Est. Cost $117.30 Unrealized +34.7%

GTLB GITLAB INC 1.6%

Value ($000) $153,478 (-27.6%) Shares 4,089,488 (-13.1%) Est. Cost $49.94 Unrealized -13.3%

MDB MONGODB INC 1.1%

Value ($000) $111,662 (-34.0%) Shares 266,059 (-51.2%) Est. Cost $278.32 Unrealized +30.7%

MNST MONSTER BEVERAGE CORP NEW 0.4%

Value ($000) $38,655 (-59.2%) Shares 504,170 (-64.2%) Est. Cost $52.83 Unrealized +35.6%

CFLT CONFLUENT INC 1.7%

Value ($000) $166,002 (-24.7%) Shares 5,489,498 (-50.7%) Est. Cost $25.65 Unrealized -4.3%

SXI STANDEX INTL CORP 0.5%

Value ($000) $50,575 (-51.1%) Shares 232,763 (-52.3%) Est. Cost $86.68 Unrealized +167.4%

ESAB ESAB CORPORATION 1.7%

Value ($000) $170,103 (-23.5%) Shares 1,522,587 (-23.5%) Est. Cost $109.41 Unrealized +4.5%

VLTO VERALTO CORP 1.1%

Value ($000) $109,712 (-32.2%) Shares 1,099,540 (-27.5%) Est. Cost $104.74 Unrealized -3.6%

MOD MODINE MFG CO 0.4%

Value ($000) $34,937 (-56.8%) Shares 261,684 (-54.0%) Est. Cost $91.94 Unrealized +62.0%

JBTM JBT MAREL CORPORATION 0.5%

Value ($000) $48,151 (-48.4%) Shares 319,576 (-51.9%) Est. Cost $91.27 Unrealized +54.4%

FFIN FIRST FINL BANKSHARES INC 0.5%

Value ($000) $49,339 (-47.6%) Shares 1,651,786 (-41.0%) Est. Cost $30.28 Unrealized +3.6%

HLNE HAMILTON LANE INC 1.4%

Value ($000) $142,538 (-23.8%) Shares 1,061,264 (-23.6%) Est. Cost $151.68 Unrealized -17.1%

S SENTINELONE INC 0.5%

Value ($000) $47,467 (-48.4%) Shares 3,164,468 (-39.5%) Est. Cost $22.87 Unrealized -28.4%

ZS ZSCALER INC 0.8%

Value ($000) $74,647 (-36.9%) Shares 331,884 (-15.9%) Est. Cost $135.00 Unrealized +109.1%

WH WYNDHAM HOTELS & RESORTS INC 1.4%

Value ($000) $133,976 (-24.2%) Shares 1,773,109 (-19.9%) Est. Cost $85.57 Unrealized -11.9%

RYAN RYAN SPECIALTY HOLDINGS INC 1.3%

Value ($000) $131,952 (-23.6%) Shares 2,555,727 (-16.6%) Est. Cost $51.04 Unrealized +7.5%

AME AMETEK INC 1.3%

Value ($000) $126,647 (-23.6%) Shares 616,857 (-30.1%) Est. Cost $67.32 Unrealized +188.7%

PJT PJT PARTNERS INC 0.4%

Value ($000) $35,642 (-51.6%) Shares 213,168 (-48.5%) Est. Cost $98.96 Unrealized +72.7%

VERX VERTEX INC 0.1%

Value ($000) $14,771 (-70.9%) Shares 739,673 (-63.9%) Est. Cost $36.54 Unrealized -40.8%

WDAY WORKDAY INC 1.0%

Value ($000) $98,937 (-26.7%) Shares 460,645 (-17.8%) Est. Cost $190.44 Unrealized +19.3%

PHR PHREESIA INC 0.3%

Value ($000) $27,240 (-56.8%) Shares 1,609,941 (-39.9%) Est. Cost $23.98 Unrealized -13.9%

LECO LINCOLN ELEC HLDGS INC 1.0%

Value ($000) $94,352 (-26.4%) Shares 393,724 (-27.5%) Est. Cost $200.67 Unrealized +18.0%

TTD THE TRADE DESK INC 0.5%

Value ($000) $49,388 (-39.7%) Shares 1,301,060 (-22.2%) Est. Cost $83.25 Unrealized -46.8%

EPAC ENERPAC TOOL GROUP CORP 0.5%

Value ($000) $47,048 (-40.2%) Shares 1,230,327 (-35.9%) Est. Cost $33.27 Unrealized +19.0%

WING WINGSTOP INC 1.6%

Value ($000) $161,747 (-16.2%) Shares 678,213 (-11.6%) Est. Cost $295.43 Unrealized -16.2%

NDSN NORDSON CORP 1.1%

Value ($000) $112,215 (-21.6%) Shares 466,728 (-26.0%) Est. Cost $173.65 Unrealized +34.9%

KNSL KINSALE CAP GROUP INC 0.9%

Value ($000) $93,155 (-24.4%) Shares 238,175 (-17.8%) Est. Cost $401.35 Unrealized +1.6%

ALKT ALKAMI TECHNOLOGY INC 0.5%

Value ($000) $45,777 (-39.3%) Shares 1,984,261 (-34.6%) Est. Cost $33.92 Unrealized -34.9%

FRPT FRESHPET INC 1.1%

Value ($000) $108,236 (-21.1%) Shares 1,776,396 (-28.7%) Est. Cost $97.63 Unrealized -41.9%

SPXC SPX TECHNOLOGIES INC 0.5%

Value ($000) $50,202 (-35.2%) Shares 250,936 (-39.5%) Est. Cost $133.04 Unrealized —

BRBR BELLRING BRANDS INC 0.2%

Value ($000) $19,564 (-57.9%) Shares 731,895 (-42.8%) Est. Cost $45.18 Unrealized -31.3%

BRC BRADY CORP 0.3%

Value ($000) $28,775 (-47.9%) Shares 367,166 (-48.2%) Est. Cost $71.87 Unrealized +7.3%

TRNS TRANSCAT INC 0.1%

Value ($000) $13,728 (-65.7%) Shares 241,996 (-55.8%) Est. Cost $80.94 Unrealized -23.0%

CELH CELSIUS HLDGS INC 0.2%

Value ($000) $24,607 (-51.5%) Shares 537,978 (-39.1%) Est. Cost $29.66 Unrealized +69.8%

PCOR PROCORE TECHNOLOGIES INC 1.2%

Value ($000) $116,780 (-17.8%) Shares 1,605,438 (-17.6%) Est. Cost $68.56 Unrealized +7.9%

PANW PALO ALTO NETWORKS INC 0.8%

Value ($000) $77,127 (-24.7%) Shares 418,715 (-16.8%) Est. Cost $122.42 Unrealized +64.8%

OKTA OKTA INC 1.3%

Value ($000) $130,724 (-16.2%) Shares 1,511,780 (-11.1%) Est. Cost $94.52 Unrealized -7.7%

WTS WATTS WATER TECHNOLOGIES INC 0.3%

Value ($000) $30,337 (-45.3%) Shares 109,909 (-44.6%) Est. Cost $199.96 Unrealized +38.0%

HLI HOULIHAN LOKEY INC 0.8%

Value ($000) $79,971 (-23.8%) Shares 459,100 (-10.2%) Est. Cost $167.61 Unrealized +9.3%

SSD SIMPSON MFG INC 0.5%

Value ($000) $51,023 (-31.9%) Shares 315,990 (-29.4%) Est. Cost $173.05 Unrealized -2.5%

ATRC ATRICURE INC 0.5%

Value ($000) $46,428 (-33.4%) Shares 1,173,605 (-40.7%) Est. Cost $37.41 Unrealized -2.0%

CAVA CAVA GROUP INC 1.1%

Value ($000) $106,519 (-17.9%) Shares 1,814,939 (-15.4%) Est. Cost $88.75 Unrealized -37.2%

BWIN THE BALDWIN INSURANCE GRP IN 0.9%

Value ($000) $87,719 (-20.6%) Shares 3,650,410 (-6.8%) Est. Cost $33.19 Unrealized -23.3%

VVV VALVOLINE INC 0.3%

Value ($000) $31,094 (-41.8%) Shares 1,069,979 (-28.1%) Est. Cost $38.42 Unrealized -16.4%

KAI KADANT INC 0.5%

Value ($000) $52,599 (-28.7%) Shares 184,546 (-25.6%) Est. Cost $331.12 Unrealized -14.3%

GABC GERMAN AMERN BANCORP INC 0.3%

Value ($000) $29,836 (-41.3%) Shares 761,520 (-41.2%) Est. Cost $27.71 Unrealized +40.8%

SNEX STONEX GROUP INC 0.4%

Value ($000) $35,098 (-37.4%) Shares 368,949 (-33.6%) Est. Cost $78.30 Unrealized +20.4%

GMED GLOBUS MED INC 0.6%

Value ($000) $62,424 (-24.7%) Shares 714,973 (-50.6%) Est. Cost $56.96 Unrealized +33.3%

SYBT STOCK YDS BANCORP INC 0.3%

Value ($000) $26,549 (-42.7%) Shares 408,756 (-38.2%) Est. Cost $47.74 Unrealized +40.8%

RBA RB GLOBAL INC 0.5%

Value ($000) $48,746 (-28.7%) Shares 473,861 (-24.9%) Est. Cost $56.38 Unrealized +80.2%

MZTI MARZETTI COMPANY 0.3%

Value ($000) $28,284 (-40.7%) Shares 172,024 (-37.7%) Est. Cost $160.73 Unrealized +3.8%

BRZE BRAZE INC 0.6%

Value ($000) $57,286 (-25.1%) Shares 1,670,640 (-37.8%) Est. Cost $42.92 Unrealized -31.0%

SKWD SKYWARD SPECIALTY INS GROUP 0.5%

Value ($000) $47,201 (-27.7%) Shares 923,512 (-32.7%) Est. Cost $31.73 Unrealized +51.5%

GGG GRACO INC 0.7%

Value ($000) $67,754 (-20.8%) Shares 826,576 (-17.9%) Est. Cost $71.18 Unrealized +15.1%

RBC RBC BEARINGS INC 0.4%

Value ($000) $36,276 (-32.7%) Shares 80,895 (-41.4%) Est. Cost $244.02 Unrealized +73.5%

EW EDWARDS LIFESCIENCES CORP 1.5%

Value ($000) $147,842 (-10.1%) Shares 1,734,212 (-18.0%) Est. Cost $66.79 Unrealized +22.9%

STVN STEVANATO GROUP S P A 0.2%

Value ($000) $16,122 (-50.7%) Shares 801,304 (-36.9%) Est. Cost $21.76 Unrealized +6.8%

ADSK AUTODESK INC 0.8%

Value ($000) $80,569 (-16.7%) Shares 272,185 (-10.7%) Est. Cost $248.94 Unrealized +21.5%

AMSF AMERISAFE INC 0.2%

Value ($000) $18,885 (-45.5%) Shares 491,671 (-37.8%) Est. Cost $41.90 Unrealized -6.3%

PLNT PLANET FITNESS INC 0.5%

Value ($000) $50,709 (-22.9%) Shares 467,492 (-26.2%) Est. Cost $73.16 Unrealized +40.7%

RGEN REPLIGEN CORP 1.7%

Value ($000) $164,507 (-8.1%) Shares 1,003,951 (-25.0%) Est. Cost $156.83 Unrealized -0.1%

OS ONESTREAM INC 0.4%

Value ($000) $38,902 (-26.9%) Shares 2,116,556 (-26.7%) Est. Cost $29.93 Unrealized -36.3%

STE STERIS PLC 0.8%

Value ($000) $82,293 (-14.5%) Shares 324,600 (-16.6%) Est. Cost $193.99 Unrealized +29.5%

BANF BANCFIRST CORP 0.3%

Value ($000) $25,523 (-35.3%) Shares 240,733 (-22.9%) Est. Cost $82.13 Unrealized +37.1%

MSCI MSCI INC 1.4%

Value ($000) $142,815 (-8.6%) Shares 248,924 (-9.6%) Est. Cost $560.24 Unrealized -0.0%

OSW ONESPAWORLD HOLDINGS LIMITED 0.2%

Value ($000) $19,337 (-40.5%) Shares 932,331 (-39.4%) Est. Cost $19.45 Unrealized +7.5%

FWRG FIRST WATCH RESTAURANT GROUP 0.2%

Value ($000) $17,159 (-42.9%) Shares 1,137,880 (-40.8%) Est. Cost $19.69 Unrealized -14.4%

TECH BIO-TECHNE CORP 0.8%

Value ($000) $82,556 (-12.8%) Shares 1,403,769 (-17.5%) Est. Cost $72.07 Unrealized -15.8%

CSW CSW INDUSTRIALS INC 0.6%

Value ($000) $63,076 (-16.0%) Shares 214,887 (-30.5%) Est. Cost $320.96 Unrealized -17.0%

INSP INSPIRE MED SYS INC 0.2%

Value ($000) $18,732 (-38.0%) Shares 203,098 (-50.1%) Est. Cost $110.99 Unrealized -13.8%

COO COOPER COS INC 1.5%

Value ($000) $145,048 (+8.6%) Shares 1,769,740 (-9.2%) Est. Cost $93.72 Unrealized -20.1%

VCYT VERACYTE INC 0.3%

Value ($000) $28,998 (-27.6%) Shares 688,782 (-41.0%) Est. Cost $28.69 Unrealized +40.5%

NOVT NOVANTA INC 0.6%

Value ($000) $57,242 (-15.7%) Shares 481,064 (-29.1%) Est. Cost $136.98 Unrealized -16.9%

SHAK SHAKE SHACK INC 0.2%

Value ($000) $17,386 (-34.2%) Shares 214,193 (-24.1%) Est. Cost $86.32 Unrealized +2.1%

SIBN SI-BONE INC 0.2%

Value ($000) $22,011 (-29.1%) Shares 1,116,182 (-47.1%) Est. Cost $18.67 Unrealized -7.0%

GKOS GLAUKOS CORP 0.4%

Value ($000) $37,629 (+28.7%) Shares 333,264 (-7.0%) Est. Cost $93.83 Unrealized +1.8%

EXAS EXACT SCIENCES CORP 1.4%

Value ($000) $137,385 (+5.9%) Shares 1,352,745 (-42.9%) Est. Cost $61.93 Unrealized +29.7%

WAT WATERS CORP 1.2%

Value ($000) $118,799 (+5.7%) Shares 312,768 (-16.6%) Est. Cost $205.67 Unrealized +78.9%

MTD METTLER TOLEDO INTERNATIONAL 1.4%

Value ($000) $141,079 (+4.5%) Shares 101,191 (-8.0%) Est. Cost $1208.02 Unrealized +15.6%

IEX IDEX CORP 1.5%

Value ($000) $147,805 (-3.6%) Shares 830,647 (-11.8%) Est. Cost $177.01 Unrealized -3.5%

PEN PENUMBRA INC 1.9%

Value ($000) $187,107 (+2.9%) Shares 601,804 (-16.2%) Est. Cost $208.25 Unrealized +32.6%

MKC MCCORMICK & CO INC 1.2%

Value ($000) $118,549 (-4.1%) Shares 1,740,550 (-5.8%) Est. Cost $72.72 Unrealized -9.4%

A AGILENT TECHNOLOGIES INC 1.1%

Value ($000) $109,984 (-4.3%) Shares 808,291 (-9.8%) Est. Cost $132.67 Unrealized +8.3%

SXT SENSIENT TECHNOLOGIES CORP 0.3%

Value ($000) $29,998 (-11.8%) Shares 319,298 (-11.9%) Est. Cost $69.95 Unrealized +34.9%

RLI RLI CORP 0.4%

Value ($000) $37,491 (-9.3%) Shares 585,978 (-7.5%) Est. Cost $72.27 Unrealized -15.0%

PLMR PALOMAR HLDGS INC 0.5%

Value ($000) $44,814 (-6.1%) Shares 332,544 (-18.6%) Est. Cost $69.00 Unrealized +76.9%

GWW WW GRAINGER INC 1.3%

Value ($000) $131,536 (-0.9%) Shares 130,356 (-6.4%) Est. Cost $1000.64 Unrealized -3.2%

CART MAPLEBEAR INC 0.6%

Value ($000) $61,773 (+1.0%) Shares 1,373,352 (-17.5%) Est. Cost $44.05 Unrealized -7.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PSTG	PURE STORAGE INC	1,458,796 (-65.6%)	$97,754 (-72.5%)	1.0%	$21.57	+287.2%	CL A	74624M102
ELF	E L F BEAUTY INC	1,213,647 (-41.2%)	$92,286 (-66.2%)	0.9%	$129.99	-24.3%	COM	26856L103
NVT	NVENT ELECTRIC PLC	378,372 (-78.8%)	$38,583 (-78.1%)	0.4%	$67.94	+52.5%	SHS	G6700G107
SFBS	SERVISFIRST BANCSHARES INC	1,568,859 (-41.8%)	$112,628 (-48.1%)	1.1%	$71.29	+2.4%	COM	81768T108
AAON	AAON INC	1,664,703 (-28.3%)	$126,934 (-41.5%)	1.3%	$84.62	+9.1%	COM PAR $0.004	000360206
MSA	MSA SAFETY INC	1,061,052 (-28.0%)	$169,917 (-32.9%)	1.7%	$152.17	+7.0%	COM	553498106
NTNX	NUTANIX INC	3,411,175 (-2.0%)	$176,324 (-31.9%)	1.8%	$41.36	+47.7%	CL A	67059N108
CFR	CULLEN FROST BANKERS INC	1,168,081 (-30.9%)	$147,914 (-30.9%)	1.5%	$90.46	+38.0%	COM	229899109
XYL	XYLEM INC	843,180 (-31.3%)	$114,824 (-36.6%)	1.2%	$106.75	+34.5%	COM	98419M100
DDOG	DATADOG INC	504,408 (-45.1%)	$68,594 (-47.6%)	0.7%	$117.30	+34.7%	CL A COM	23804L103
GTLB	GITLAB INC	4,089,488 (-13.1%)	$153,478 (-27.6%)	1.6%	$49.94	-13.3%	CLASS A COM	37637K108
MDB	MONGODB INC	266,059 (-51.2%)	$111,662 (-34.0%)	1.1%	$278.32	+30.7%	CL A	60937P106
MNST	MONSTER BEVERAGE CORP NEW	504,170 (-64.2%)	$38,655 (-59.2%)	0.4%	$52.83	+35.6%	COM	61174X109
CFLT	CONFLUENT INC	5,489,498 (-50.7%)	$166,002 (-24.7%)	1.7%	$25.65	-4.3%	CLASS A COM	20717M103
SXI	STANDEX INTL CORP	232,763 (-52.3%)	$50,575 (-51.1%)	0.5%	$86.68	+167.4%	COM	854231107
ESAB	ESAB CORPORATION	1,522,587 (-23.5%)	$170,103 (-23.5%)	1.7%	$109.41	+4.5%	COM	29605J106
VLTO	VERALTO CORP	1,099,540 (-27.5%)	$109,712 (-32.2%)	1.1%	$104.74	-3.6%	COM SHS	92338C103
MOD	MODINE MFG CO	261,684 (-54.0%)	$34,937 (-56.8%)	0.4%	$91.94	+62.0%	COM	607828100
JBTM	JBT MAREL CORPORATION	319,576 (-51.9%)	$48,151 (-48.4%)	0.5%	$91.27	+54.4%	COM	477839104
FFIN	FIRST FINL BANKSHARES INC	1,651,786 (-41.0%)	$49,339 (-47.6%)	0.5%	$30.28	+3.6%	COM	32020R109
HLNE	HAMILTON LANE INC	1,061,264 (-23.6%)	$142,538 (-23.8%)	1.4%	$151.68	-17.1%	CL A	407497106
S	SENTINELONE INC	3,164,468 (-39.5%)	$47,467 (-48.4%)	0.5%	$22.87	-28.4%	CL A	81730H109
ZS	ZSCALER INC	331,884 (-15.9%)	$74,647 (-36.9%)	0.8%	$135.00	+109.1%	COM	98980G102
WH	WYNDHAM HOTELS & RESORTS INC	1,773,109 (-19.9%)	$133,976 (-24.2%)	1.4%	$85.57	-11.9%	COM	98311A105
RYAN	RYAN SPECIALTY HOLDINGS INC	2,555,727 (-16.6%)	$131,952 (-23.6%)	1.3%	$51.04	+7.5%	CL A	78351F107
AME	AMETEK INC	616,857 (-30.1%)	$126,647 (-23.6%)	1.3%	$67.32	+188.7%	COM	031100100
PJT	PJT PARTNERS INC	213,168 (-48.5%)	$35,642 (-51.6%)	0.4%	$98.96	+72.7%	COM CL A	69343T107
VERX	VERTEX INC	739,673 (-63.9%)	$14,771 (-70.9%)	0.1%	$36.54	-40.8%	CL A	92538J106
WDAY	WORKDAY INC	460,645 (-17.8%)	$98,937 (-26.7%)	1.0%	$190.44	+19.3%	CL A	98138H101
PHR	PHREESIA INC	1,609,941 (-39.9%)	$27,240 (-56.8%)	0.3%	$23.98	-13.9%	COM	71944F106
LECO	LINCOLN ELEC HLDGS INC	393,724 (-27.5%)	$94,352 (-26.4%)	1.0%	$200.67	+18.0%	COM	533900106
TTD	THE TRADE DESK INC	1,301,060 (-22.2%)	$49,388 (-39.7%)	0.5%	$83.25	-46.8%	COM CL A	88339J105
EPAC	ENERPAC TOOL GROUP CORP	1,230,327 (-35.9%)	$47,048 (-40.2%)	0.5%	$33.27	+19.0%	CL A COM	292765104
WING	WINGSTOP INC	678,213 (-11.6%)	$161,747 (-16.2%)	1.6%	$295.43	-16.2%	COM	974155103
NDSN	NORDSON CORP	466,728 (-26.0%)	$112,215 (-21.6%)	1.1%	$173.65	+34.9%	COM	655663102
KNSL	KINSALE CAP GROUP INC	238,175 (-17.8%)	$93,155 (-24.4%)	0.9%	$401.35	+1.6%	COM	49714P108
ALKT	ALKAMI TECHNOLOGY INC	1,984,261 (-34.6%)	$45,777 (-39.3%)	0.5%	$33.92	-34.9%	COM	01644J108
FRPT	FRESHPET INC	1,776,396 (-28.7%)	$108,236 (-21.1%)	1.1%	$97.63	-41.9%	COM	358039105
SPXC	SPX TECHNOLOGIES INC	250,936 (-39.5%)	$50,202 (-35.2%)	0.5%	$133.04	—	COM	78473E103
BRBR	BELLRING BRANDS INC	731,895 (-42.8%)	$19,564 (-57.9%)	0.2%	$45.18	-31.3%	COMMON STOCK	07831C103
BRC	BRADY CORP	367,166 (-48.2%)	$28,775 (-47.9%)	0.3%	$71.87	+7.3%	CL A	104674106
TRNS	TRANSCAT INC	241,996 (-55.8%)	$13,728 (-65.7%)	0.1%	$80.94	-23.0%	COM	893529107
CELH	CELSIUS HLDGS INC	537,978 (-39.1%)	$24,607 (-51.5%)	0.2%	$29.66	+69.8%	COM NEW	15118V207
PCOR	PROCORE TECHNOLOGIES INC	1,605,438 (-17.6%)	$116,780 (-17.8%)	1.2%	$68.56	+7.9%	COM	74275K108
PANW	PALO ALTO NETWORKS INC	418,715 (-16.8%)	$77,127 (-24.7%)	0.8%	$122.42	+64.8%	COM	697435105
OKTA	OKTA INC	1,511,780 (-11.1%)	$130,724 (-16.2%)	1.3%	$94.52	-7.7%	CL A	679295105
WTS	WATTS WATER TECHNOLOGIES INC	109,909 (-44.6%)	$30,337 (-45.3%)	0.3%	$199.96	+38.0%	CL A	942749102
HLI	HOULIHAN LOKEY INC	459,100 (-10.2%)	$79,971 (-23.8%)	0.8%	$167.61	+9.3%	CL A	441593100
SSD	SIMPSON MFG INC	315,990 (-29.4%)	$51,023 (-31.9%)	0.5%	$173.05	-2.5%	COM	829073105
ATRC	ATRICURE INC	1,173,605 (-40.7%)	$46,428 (-33.4%)	0.5%	$37.41	-2.0%	COM	04963C209
CAVA	CAVA GROUP INC	1,814,939 (-15.4%)	$106,519 (-17.9%)	1.1%	$88.75	-37.2%	COM	148929102
BWIN	THE BALDWIN INSURANCE GRP IN	3,650,410 (-6.8%)	$87,719 (-20.6%)	0.9%	$33.19	-23.3%	COM CL A	05589G102
VVV	VALVOLINE INC	1,069,979 (-28.1%)	$31,094 (-41.8%)	0.3%	$38.42	-16.4%	COM	92047W101
KAI	KADANT INC	184,546 (-25.6%)	$52,599 (-28.7%)	0.5%	$331.12	-14.3%	COM	48282T104
GABC	GERMAN AMERN BANCORP INC	761,520 (-41.2%)	$29,836 (-41.3%)	0.3%	$27.71	+40.8%	COM	373865104
SNEX	STONEX GROUP INC	368,949 (-33.6%)	$35,098 (-37.4%)	0.4%	$78.30	+20.4%	COM	861896108
GMED	GLOBUS MED INC	714,973 (-50.6%)	$62,424 (-24.7%)	0.6%	$56.96	+33.3%	CL A	379577208
SYBT	STOCK YDS BANCORP INC	408,756 (-38.2%)	$26,549 (-42.7%)	0.3%	$47.74	+40.8%	COM	861025104
RBA	RB GLOBAL INC	473,861 (-24.9%)	$48,746 (-28.7%)	0.5%	$56.38	+80.2%	COM	74935Q107
MZTI	MARZETTI COMPANY	172,024 (-37.7%)	$28,284 (-40.7%)	0.3%	$160.73	+3.8%	COM	513847103
BRZE	BRAZE INC	1,670,640 (-37.8%)	$57,286 (-25.1%)	0.6%	$42.92	-31.0%	COM CL A	10576N102
SKWD	SKYWARD SPECIALTY INS GROUP	923,512 (-32.7%)	$47,201 (-27.7%)	0.5%	$31.73	+51.5%	COM	830940102
GGG	GRACO INC	826,576 (-17.9%)	$67,754 (-20.8%)	0.7%	$71.18	+15.1%	COM	384109104
RBC	RBC BEARINGS INC	80,895 (-41.4%)	$36,276 (-32.7%)	0.4%	$244.02	+73.5%	COM	75524B104
EW	EDWARDS LIFESCIENCES CORP	1,734,212 (-18.0%)	$147,842 (-10.1%)	1.5%	$66.79	+22.9%	COM	28176E108
STVN	STEVANATO GROUP S P A	801,304 (-36.9%)	$16,122 (-50.7%)	0.2%	$21.76	+6.8%	ORD SHS	T9224W109
ADSK	AUTODESK INC	272,185 (-10.7%)	$80,569 (-16.7%)	0.8%	$248.94	+21.5%	COM	052769106
AMSF	AMERISAFE INC	491,671 (-37.8%)	$18,885 (-45.5%)	0.2%	$41.90	-6.3%	COM	03071H100
PLNT	PLANET FITNESS INC	467,492 (-26.2%)	$50,709 (-22.9%)	0.5%	$73.16	+40.7%	CL A	72703H101
RGEN	REPLIGEN CORP	1,003,951 (-25.0%)	$164,507 (-8.1%)	1.7%	$156.83	-0.1%	COM	759916109
OS	ONESTREAM INC	2,116,556 (-26.7%)	$38,902 (-26.9%)	0.4%	$29.93	-36.3%	CL A	68278B107
STE	STERIS PLC	324,600 (-16.6%)	$82,293 (-14.5%)	0.8%	$193.99	+29.5%	SHS USD	G8473T100
BANF	BANCFIRST CORP	240,733 (-22.9%)	$25,523 (-35.3%)	0.3%	$82.13	+37.1%	COM	05945F103
MSCI	MSCI INC	248,924 (-9.6%)	$142,815 (-8.6%)	1.4%	$560.24	-0.0%	COM	55354G100
OSW	ONESPAWORLD HOLDINGS LIMITED	932,331 (-39.4%)	$19,337 (-40.5%)	0.2%	$19.45	+7.5%	COM	P73684113
FWRG	FIRST WATCH RESTAURANT GROUP	1,137,880 (-40.8%)	$17,159 (-42.9%)	0.2%	$19.69	-14.4%	COM	33748L101
TECH	BIO-TECHNE CORP	1,403,769 (-17.5%)	$82,556 (-12.8%)	0.8%	$72.07	-15.8%	COM	09073M104
CSW	CSW INDUSTRIALS INC	214,887 (-30.5%)	$63,076 (-16.0%)	0.6%	$320.96	-17.0%	COM	126402106
INSP	INSPIRE MED SYS INC	203,098 (-50.1%)	$18,732 (-38.0%)	0.2%	$110.99	-13.8%	COM	457730109
COO	COOPER COS INC	1,769,740 (-9.2%)	$145,048 (+8.6%)	1.5%	$93.72	-20.1%	COM	216648501
VCYT	VERACYTE INC	688,782 (-41.0%)	$28,998 (-27.6%)	0.3%	$28.69	+40.5%	COM	92337F107
NOVT	NOVANTA INC	481,064 (-29.1%)	$57,242 (-15.7%)	0.6%	$136.98	-16.9%	COM	67000B104
SHAK	SHAKE SHACK INC	214,193 (-24.1%)	$17,386 (-34.2%)	0.2%	$86.32	+2.1%	CL A	819047101
SIBN	SI-BONE INC	1,116,182 (-47.1%)	$22,011 (-29.1%)	0.2%	$18.67	-7.0%	COM	825704109
GKOS	GLAUKOS CORP	333,264 (-7.0%)	$37,629 (+28.7%)	0.4%	$93.83	+1.8%	COM	377322102
EXAS	EXACT SCIENCES CORP	1,352,745 (-42.9%)	$137,385 (+5.9%)	1.4%	$61.93	+29.7%	COM	30063P105
WAT	WATERS CORP	312,768 (-16.6%)	$118,799 (+5.7%)	1.2%	$205.67	+78.9%	COM	941848103
MTD	METTLER TOLEDO INTERNATIONAL	101,191 (-8.0%)	$141,079 (+4.5%)	1.4%	$1208.02	+15.6%	COM	592688105
IEX	IDEX CORP	830,647 (-11.8%)	$147,805 (-3.6%)	1.5%	$177.01	-3.5%	COM	45167R104
PEN	PENUMBRA INC	601,804 (-16.2%)	$187,107 (+2.9%)	1.9%	$208.25	+32.6%	COM	70975L107
MKC	MCCORMICK & CO INC	1,740,550 (-5.8%)	$118,549 (-4.1%)	1.2%	$72.72	-9.4%	COM NON VTG	579780206
A	AGILENT TECHNOLOGIES INC	808,291 (-9.8%)	$109,984 (-4.3%)	1.1%	$132.67	+8.3%	COM	00846U101
SXT	SENSIENT TECHNOLOGIES CORP	319,298 (-11.9%)	$29,998 (-11.8%)	0.3%	$69.95	+34.9%	COM	81725T100
RLI	RLI CORP	585,978 (-7.5%)	$37,491 (-9.3%)	0.4%	$72.27	-15.0%	COM	749607107
PLMR	PALOMAR HLDGS INC	332,544 (-18.6%)	$44,814 (-6.1%)	0.5%	$69.00	+76.9%	COM	69753M105
GWW	WW GRAINGER INC	130,356 (-6.4%)	$131,536 (-0.9%)	1.3%	$1000.64	-3.2%	COM	384802104
CART	MAPLEBEAR INC	1,373,352 (-17.5%)	$61,773 (+1.0%)	0.6%	$44.05	-7.1%	COM	565394103

Unchanged Positions (1)

PRCT PROCEPT BIOROBOTICS CORP 0.5%

Value ($000) $45,335 Shares 1,441,034 Est. Cost $48.42 Unrealized -31.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PRCT	PROCEPT BIOROBOTICS CORP	1,441,034	$45,335	0.5%	$48.42	-31.5%	COM	74276L105