Southpoint Capital Advisors LP Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AON	AON PLC	650,000	$229,372	5.3%	$349.16	0.0%	SHS CL A	G0403H108
EXPD	EXPEDITORS INTL WASH INC	1,350,000	$201,164	4.7%	$135.64	0.0%	COM	302130109
Q	QNITY ELECTRONICS INC	2,400,000	$195,960	4.6%	$84.91	0.0%	COMMON STOCK	74743L100
OSK	OSHKOSH CORP	1,400,000	$175,882	4.1%	$127.92	0.0%	COM	688239201
ALC	ALCON AG	2,000,000	$157,620	3.7%	$77.00	0.0%	ORD SHS	H01301128
AMD	ADVANCED MICRO DEVICES INC	600,000	$128,496	3.0%	$224.60	0.0%	COM	007903107
MKSI	MKS INC.	600,000	$95,880	2.2%	$148.21	0.0%	COM	55306N104
OPCH	OPTION CARE HEALTH INC	3,000,000	$95,580	2.2%	$29.35	0.0%	COM NEW	68404L201
CRCL	CIRCLE INTERNET GROUP INC	1,200,000	$95,160	2.2%	$103.35	0.0%	COM CL A	172573107
POOL	POOL CORP	300,000	$68,625	1.6%	$259.46	0.0%	COM	73278L105
AMAT	APPLIED MATLS INC	250,000	$64,248	1.5%	$239.49	0.0%	COM	038222105
ZTS	ZOETIS INC	500,000	$62,910	1.5%	$130.26	0.0%	CL A	98978V103
SITE	SITEONE LANDSCAPE SUPPLY INC	400,000	$49,824	1.2%	$126.61	0.0%	COM	82982L103
CFLT	CONFLUENT INC	500,000	$15,120	0.4%	$24.55	0.0%	CLASS A COM	20717M103

Increased Positions (8)

AMZN AMAZON COM INC 5.9%

Value ($000) $253,902 (+54.2%) Shares 1,100,000 (+46.7%) Est. Cost $227.13 Unrealized +0.7%

ILMN ILLUMINA INC 5.3%

Value ($000) $229,591 (+61.2%) Shares 1,750,464 (+16.7%) Est. Cost $98.20 Unrealized +19.6%

HSIC HENRY SCHEIN INC 4.4%

Value ($000) $188,950 (+58.2%) Shares 2,500,000 (+38.9%) Est. Cost $70.37 Unrealized -0.0%

COMP COMPASS INC 2.0%

Value ($000) $84,560 (+321.2%) Shares 8,000,000 (+220.0%) Est. Cost $8.80 Unrealized +3.6%

FERG FERGUSON ENTERPRISES INC 3.1%

Value ($000) $133,578 (+48.7%) Shares 600,000 (+50.0%) Est. Cost $208.80 Unrealized +14.0%

MSFT MICROSOFT CORP 5.6%

Value ($000) $241,810 (+16.7%) Shares 500,000 (+25.0%) Est. Cost $392.83 Unrealized +27.4%

KSPI KASPI KZ JSC 2.7%

Value ($000) $117,195 (+14.8%) Shares 1,500,000 (+20.0%) Est. Cost $115.69 Unrealized —

BATRK ATLANTA BRAVES HLDGS INC 0.6%

Value ($000) $27,615 (+40.6%) Shares 700,000 (+48.2%) Est. Cost $38.19 Unrealized +3.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON COM INC	1,100,000 (+46.7%)	$253,902 (+54.2%)	5.9%	$227.13	+0.7%	COM	023135106
ILMN	ILLUMINA INC	1,750,464 (+16.7%)	$229,591 (+61.2%)	5.3%	$98.20	+19.6%	COM	452327109
HSIC	HENRY SCHEIN INC	2,500,000 (+38.9%)	$188,950 (+58.2%)	4.4%	$70.37	-0.0%	COM	806407102
COMP	COMPASS INC	8,000,000 (+220.0%)	$84,560 (+321.2%)	2.0%	$8.80	+3.6%	CL A	20464U100
FERG	FERGUSON ENTERPRISES INC	600,000 (+50.0%)	$133,578 (+48.7%)	3.1%	$208.80	+14.0%	COMMON STOCK NEW	31488V107
MSFT	MICROSOFT CORP	500,000 (+25.0%)	$241,810 (+16.7%)	5.6%	$392.83	+27.4%	COM	594918104
KSPI	KASPI KZ JSC	1,500,000 (+20.0%)	$117,195 (+14.8%)	2.7%	$115.69	—	SPONSORED ADS	48581R205
BATRK	ATLANTA BRAVES HLDGS INC	700,000 (+48.2%)	$27,615 (+40.6%)	0.6%	$38.19	+3.5%	COM SER C	047726302

Exited Positions (17)

ASML ASML HOLDING N V 3.5%

Value ($000) $150,054 Shares 155,000 Est. Cost $968.09 Unrealized —

SYF SYNCHRONY FINANCIAL 3.3%

Value ($000) $142,100 Shares 2,000,000 Est. Cost $42.00 Unrealized +81.7%

WTW WILLIS TOWERS WATSON PLC LTD 3.2%

Value ($000) $138,180 Shares 400,000 Est. Cost $211.93 Unrealized +54.1%

ENTG ENTEGRIS INC 2.8%

Value ($000) $120,198 Shares 1,300,000 Est. Cost $77.84 Unrealized +11.5%

PGR PROGRESSIVE CORP 2.7%

Value ($000) $117,301 Shares 475,000 Est. Cost $132.63 Unrealized +60.1%

TPR TAPESTRY INC 2.5%

Value ($000) $107,559 Shares 950,000 Est. Cost $57.72 Unrealized +97.5%

TRU TRANSUNION 2.1%

Value ($000) $92,158 Shares 1,100,000 Est. Cost $83.11 Unrealized -1.2%

YETI YETI HLDGS INC 1.5%

Value ($000) $66,360 Shares 2,000,000 Est. Cost $31.24 Unrealized +23.1%

MDB MONGODB INC 1.4%

Value ($000) $62,076 Shares 200,000 Est. Cost $257.06 Unrealized +41.5%

LPX LOUISIANA PAC CORP 1.2%

Value ($000) $53,304 Shares 600,000 Est. Cost $92.32 Unrealized -8.5%

FCX FREEPORT-MCMORAN INC 0.9%

Value ($000) $39,220 Shares 1,000,000 Est. Cost $43.20 Unrealized +0.3%

TECK TECK RESOURCES LTD 0.7%

Value ($000) $30,723 Shares 700,000 Est. Cost $36.34 Unrealized +19.2%

NEOG NEOGEN CORP 0.7%

Value ($000) $28,550 Shares 5,000,000 Est. Cost $5.74 Unrealized +9.6%

PRMB PRIMO BRANDS CORPORATION 0.5%

Value ($000) $22,100 Shares 1,000,000 Est. Cost $29.38 Unrealized -37.1%

GIL GILDAN ACTIVEWEAR INC 0.5%

Value ($000) $20,365 Shares 352,340 Est. Cost $53.42 Unrealized +11.3%

— MRC GLOBAL INC 0.4%

Value ($000) $17,304 Shares 1,200,000 Est. Cost $14.42 Unrealized —

DNOW DNOW INC 0.3%

Value ($000) $12,276 Shares 805,000 Est. Cost $15.09 Unrealized -7.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ASML	ASML HOLDING N V	155,000	$150,054	3.5%	$968.09	—	—	N07059210
SYF	SYNCHRONY FINANCIAL	2,000,000	$142,100	3.3%	$42.00	+81.7%	—	87165B103
WTW	WILLIS TOWERS WATSON PLC LTD	400,000	$138,180	3.2%	$211.93	+54.1%	—	G96629103
ENTG	ENTEGRIS INC	1,300,000	$120,198	2.8%	$77.84	+11.5%	—	29362U104
PGR	PROGRESSIVE CORP	475,000	$117,301	2.7%	$132.63	+60.1%	—	743315103
TPR	TAPESTRY INC	950,000	$107,559	2.5%	$57.72	+97.5%	—	876030107
TRU	TRANSUNION	1,100,000	$92,158	2.1%	$83.11	-1.2%	—	89400J107
YETI	YETI HLDGS INC	2,000,000	$66,360	1.5%	$31.24	+23.1%	—	98585X104
MDB	MONGODB INC	200,000	$62,076	1.4%	$257.06	+41.5%	—	60937P106
LPX	LOUISIANA PAC CORP	600,000	$53,304	1.2%	$92.32	-8.5%	—	546347105
FCX	FREEPORT-MCMORAN INC	1,000,000	$39,220	0.9%	$43.20	+0.3%	—	35671D857
TECK	TECK RESOURCES LTD	700,000	$30,723	0.7%	$36.34	+19.2%	—	878742204
NEOG	NEOGEN CORP	5,000,000	$28,550	0.7%	$5.74	+9.6%	—	640491106
PRMB	PRIMO BRANDS CORPORATION	1,000,000	$22,100	0.5%	$29.38	-37.1%	—	741623102
GIL	GILDAN ACTIVEWEAR INC	352,340	$20,365	0.5%	$53.42	+11.3%	—	375916103
—	MRC GLOBAL INC	1,200,000	$17,304	0.4%	$14.42	—	—	55345K103
DNOW	DNOW INC	805,000	$12,276	0.3%	$15.09	-7.0%	—	67011P100

Decreased Positions (7)

TMO THERMO FISHER SCIENTIFIC INC 1.3%

Value ($000) $57,945 (-70.1%) Shares 100,000 (-75.0%) Est. Cost $464.78 Unrealized +21.6%

PINS PINTEREST INC 1.8%

Value ($000) $77,670 (-51.7%) Shares 3,000,000 (-40.0%) Est. Cost $33.65 Unrealized -14.4%

W WAYFAIR INC 3.5%

Value ($000) $150,615 (-32.6%) Shares 1,500,000 (-40.0%) Est. Cost $45.84 Unrealized +109.8%

CHRW C H ROBINSON WORLDWIDE INC 3.7%

Value ($000) $160,760 (-19.1%) Shares 1,000,000 (-33.3%) Est. Cost $116.46 Unrealized +26.5%

CEG CONSTELLATION ENERGY CORP 3.7%

Value ($000) $158,972 (-12.2%) Shares 450,000 (-18.2%) Est. Cost $224.29 Unrealized +61.9%

DAL DELTA AIR LINES INC DEL 2.4%

Value ($000) $104,100 (-16.6%) Shares 1,500,000 (-31.8%) Est. Cost $56.19 Unrealized +11.1%

FENC FENNEC PHARMACEUTICALS INC 0.5%

Value ($000) $21,135 (-44.6%) Shares 2,744,741 (-32.7%) Est. Cost $11.44 Unrealized -28.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TMO	THERMO FISHER SCIENTIFIC INC	100,000 (-75.0%)	$57,945 (-70.1%)	1.3%	$464.78	+21.6%	COM	883556102
PINS	PINTEREST INC	3,000,000 (-40.0%)	$77,670 (-51.7%)	1.8%	$33.65	-14.4%	CL A	72352L106
W	WAYFAIR INC	1,500,000 (-40.0%)	$150,615 (-32.6%)	3.5%	$45.84	+109.8%	CL A	94419L101
CHRW	C H ROBINSON WORLDWIDE INC	1,000,000 (-33.3%)	$160,760 (-19.1%)	3.7%	$116.46	+26.5%	COM NEW	12541W209
CEG	CONSTELLATION ENERGY CORP	450,000 (-18.2%)	$158,972 (-12.2%)	3.7%	$224.29	+61.9%	COM	21037T109
DAL	DELTA AIR LINES INC DEL	1,500,000 (-31.8%)	$104,100 (-16.6%)	2.4%	$56.19	+11.1%	COM NEW	247361702
FENC	FENNEC PHARMACEUTICALS INC	2,744,741 (-32.7%)	$21,135 (-44.6%)	0.5%	$11.44	-28.3%	COM	31447P100

Unchanged Positions (9)

TE T1 ENERGY INC 0.9%

Value ($000) $40,080 Shares 6,000,000 Est. Cost $1.72 Unrealized +156.5%

COF CAPITAL ONE FINL CORP 2.8%

Value ($000) $121,180 Shares 500,000 Est. Cost $154.09 Unrealized +44.2%

BDX BECTON DICKINSON & CO 6.3%

Value ($000) $271,698 Shares 1,400,000 Est. Cost $200.82 Unrealized -5.6%

UHAL/B U HAUL HOLDING COMPANY 2.1%

Value ($000) $88,806 Shares 1,900,000 Est. Cost $59.89 Unrealized -18.7%

MSGS MADISON SQUARE GRDN SPRT COR 0.9%

Value ($000) $38,798 Shares 150,000 Est. Cost $200.86 Unrealized +13.3%

UHAL U HAUL HOLDING COMPANY 0.7%

Value ($000) $30,246 Shares 600,000 Est. Cost $65.08 Unrealized -18.3%

LPLA LPL FINL HLDGS INC 1.0%

Value ($000) $41,075 Shares 115,000 Est. Cost $225.71 Unrealized +56.7%

SPRY ARS PHARMACEUTICALS INC 0.4%

Value ($000) $17,475 Shares 1,500,000 Est. Cost $14.43 Unrealized -32.6%

NOVT NOVANTA INC 0.2%

Value ($000) $8,329 Shares 70,000 Est. Cost $143.75 Unrealized -20.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TE	T1 ENERGY INC	6,000,000	$40,080	0.9%	$1.72	+156.5%	COM NEW	35834F104
COF	CAPITAL ONE FINL CORP	500,000	$121,180	2.8%	$154.09	+44.2%	COM	14040H105
BDX	BECTON DICKINSON & CO	1,400,000	$271,698	6.3%	$200.82	-5.6%	COM	075887109
UHAL/B	U HAUL HOLDING COMPANY	1,900,000	$88,806	2.1%	$59.89	-18.7%	COM SER N	023586506
MSGS	MADISON SQUARE GRDN SPRT COR	150,000	$38,798	0.9%	$200.86	+13.3%	CL A	55825T103
UHAL	U HAUL HOLDING COMPANY	600,000	$30,246	0.7%	$65.08	-18.3%	COM	023586100
LPLA	LPL FINL HLDGS INC	115,000	$41,075	1.0%	$225.71	+56.7%	COM	50212V100
SPRY	ARS PHARMACEUTICALS INC	1,500,000	$17,475	0.4%	$14.43	-32.6%	COM	82835W108
NOVT	NOVANTA INC	70,000	$8,329	0.2%	$143.75	-20.8%	COM	67000B104