Capital Research Global Investors Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MDLN	MEDLINE INC	14,784,203	$620,937	0.1%	$42.23	0.0%	COM CL A	58507V107
FICO	FAIR ISAAC CORP	305,577	$516,615	0.1%	$1721.38	0.0%	COM	303250104
GLXY	GALAXY DIGITAL INC.	18,161,998	$406,102	0.1%	$30.98	0.0%	CL A	36317J209
USB	US BANCORP DEL	5,554,298	$296,377	0.1%	$48.72	0.0%	COM NEW	902973304
NBIS	NEBIUS GROUP N.V.	2,767,280	$231,635	0.0%	$103.64	0.0%	SHS CLASS A	N97284108
GPGI	COMPOSECURE INC	9,213,355	$166,827	0.0%	$19.95	0.0%	COM CL A	20459V105
NKE	NIKE INC	2,602,138	$165,782	0.0%	$64.91	0.0%	CL B	654106103
MMYT	MAKEMYTRIP LIMITED MAURITIUS	1,827,439	$150,069	0.0%	$82.03	0.0%	SHS	V5633W109
TT	TRANE TECHNOLOGIES PLC	339,475	$132,124	0.0%	$413.59	0.0%	SHS	G8994E103
LKQ	LKQ CORP	3,875,474	$117,039	0.0%	$29.98	0.0%	COM	501889208
STUB	STUBHUB HLDGS INC	7,900,000	$106,887	0.0%	$15.72	0.0%	CL A	86384P109
AGYS	AGILYSYS INC	882,517	$104,878	0.0%	$120.36	0.0%	COM	00847J105
SWKS	SKYWORKS SOLUTIONS INC	1,612,979	$102,279	0.0%	$69.45	0.0%	COM	83088M102
SCCO	SOUTHERN COPPER CORP	564,852	$81,039	0.0%	$132.76	0.0%	COM	84265V105
SNY	SANOFI SA	1,650,018	$79,960	0.0%	$48.46	—	SPONSORED ADR	80105N105
ESAB	ESAB CORPORATION	618,502	$69,099	0.0%	$114.35	0.0%	COM	29605J106
SAIA	SAIA INC	176,035	$57,479	0.0%	$302.29	0.0%	COM	78709Y105
IDA	IDACORP INC	351,700	$44,511	0.0%	$130.09	0.0%	COM	451107106
IREN	IREN LIMITED	1,025,430	$38,730	0.0%	$51.59	0.0%	ORDINARY SHARES	Q4982L109
INBX	INHIBRX BIOSCIENCES INC	421,575	$33,304	0.0%	$68.13	0.0%	COM	45720N103
SCHW	SCHWAB CHARLES CORP	330,449	$33,015	0.0%	$94.74	0.0%	COM	808513105
CIFR	CIPHER MINING INC	1,995,945	$29,460	0.0%	$17.65	0.0%	COM	17253J106
CVLT	COMMVAULT SYS INC	233,956	$29,329	0.0%	$140.69	0.0%	COM	204166102
WAY	WAYSTAR HLDG CORP	495,000	$16,211	0.0%	$35.62	0.0%	COM	946784105
WGS	GENEDX HOLDINGS CORP	122,666	$15,954	0.0%	$137.25	0.0%	COM CL A	81663L200
—	WOLFSPEED INC	6,770,000	$10,062	0.0%	$1.49	—	NOTE 2.500% 6/1	977852AP7
SOLS	SOLSTICE ADVANCED MATLS INC	198,102	$9,624	0.0%	$47.08	0.0%	COM SHS	83443Q103
BTDR	BITDEER TECHNOLOGIES GROUP	536,037	$6,009	0.0%	$16.11	0.0%	CL A ORD SHS	G11448100
SHG	SHINHAN FINANCIAL GROUP CO L	71,133	$3,829	0.0%	$53.83	—	SPN ADR RESTRD	824596100
SAN	BANCO SANTANDER SA	196,637	$2,328	0.0%	$11.84	—	ADR	05964H105
VXUS	VANGUARD STAR FDS	12,709	$963	0.0%	$75.76	—	VG TL INTL STK F	921909768
TTE	TOTALENERGIES SE	12,860	$838	0.0%	$63.23	0.0%	ACT	F92124100

Increased Positions (144)

AMAT APPLIED MATLS INC 1.6%

Value ($000) $8,405,458 (+175.9%) Shares 32,707,049 (+119.8%) Est. Cost $210.08 Unrealized +14.0%

GOOGL ALPHABET INC 3.0%

Value ($000) $16,293,322 (+32.1%) Shares 52,055,304 (+2.6%) Est. Cost $138.61 Unrealized +106.0%

AAPL APPLE INC 2.8%

Value ($000) $15,081,281 (+30.0%) Shares 55,474,240 (+21.7%) Est. Cost $188.94 Unrealized +42.0%

GOOG ALPHABET INC 1.6%

Value ($000) $8,823,000 (+33.2%) Shares 28,116,508 (+3.4%) Est. Cost $122.18 Unrealized +134.4%

PM PHILIP MORRIS INTL INC 1.6%

Value ($000) $8,751,407 (+23.9%) Shares 54,559,706 (+25.3%) Est. Cost $86.76 Unrealized +77.0%

NFLX NETFLIX INC 0.7%

Value ($000) $3,972,406 (-29.6%) Shares 42,367,807 (+800.2%) Est. Cost $98.51 Unrealized +9.4%

UBER UBER TECHNOLOGIES INC 1.7%

Value ($000) $9,270,561 (-14.4%) Shares 113,456,376 (+2.6%) Est. Cost $64.32 Unrealized +40.0%

CNQ CANADIAN NAT RES LTD 0.9%

Value ($000) $4,956,204 (+39.3%) Shares 146,331,336 (+31.5%) Est. Cost $23.36 Unrealized +38.8%

VRTX VERTEX PHARMACEUTICALS INC 1.4%

Value ($000) $7,850,544 (+21.1%) Shares 17,316,344 (+4.6%) Est. Cost $424.61 Unrealized +1.5%

NVDA NVIDIA CORPORATION 5.9%

Value ($000) $31,996,599 (+3.7%) Shares 171,562,742 (+3.7%) Est. Cost $123.25 Unrealized +51.0%

CVNA CARVANA CO 0.4%

Value ($000) $2,405,959 (+59.8%) Shares 5,700,953 (+42.9%) Est. Cost $290.03 Unrealized +28.2%

HAL HALLIBURTON CO 0.6%

Value ($000) $3,114,848 (+39.1%) Shares 110,220,971 (+21.1%) Est. Cost $22.05 Unrealized +19.2%

INTC INTEL CORP 0.2%

Value ($000) $982,279 (+324.4%) Shares 26,619,928 (+285.9%) Est. Cost $33.65 Unrealized +12.2%

ORCL ORACLE CORP 1.1%

Value ($000) $5,874,070 (-10.4%) Shares 30,137,126 (+29.3%) Est. Cost $164.29 Unrealized +44.9%

CHTR CHARTER COMMUNICATIONS INC N 0.2%

Value ($000) $1,005,222 (+207.2%) Shares 4,815,422 (+304.9%) Est. Cost $244.03 Unrealized -7.8%

EXE EXPAND ENERGY CORPORATION 0.4%

Value ($000) $2,345,303 (+38.3%) Shares 21,251,283 (+33.2%) Est. Cost $98.35 Unrealized +12.5%

BKNG BOOKING HOLDINGS INC 0.2%

Value ($000) $920,308 (+192.1%) Shares 171,849 (+194.5%) Est. Cost $5028.97 Unrealized +2.2%

CMCSA COMCAST CORP NEW 0.3%

Value ($000) $1,663,825 (+57.1%) Shares 55,664,933 (+65.1%) Est. Cost $33.32 Unrealized -14.4%

RCL ROYAL CARIBBEAN GROUP 1.0%

Value ($000) $5,627,669 (-9.7%) Shares 20,176,544 (+4.8%) Est. Cost $93.04 Unrealized +202.6%

GLW CORNING INC 0.3%

Value ($000) $1,478,959 (+63.0%) Shares 16,890,802 (+52.7%) Est. Cost $72.23 Unrealized +19.0%

WFC WELLS FARGO CO NEW 0.6%

Value ($000) $3,487,687 (+16.7%) Shares 37,421,387 (+4.9%) Est. Cost $71.28 Unrealized +21.5%

UNP UNION PAC CORP 0.5%

Value ($000) $2,540,105 (+23.3%) Shares 10,980,904 (+26.0%) Est. Cost $217.08 Unrealized +4.7%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.2%

Value ($000) $976,821 (+81.0%) Shares 3,215,353 (+66.3%) Est. Cost $195.73 Unrealized —

BX BLACKSTONE INC 0.2%

Value ($000) $983,690 (+79.7%) Shares 6,381,767 (+99.2%) Est. Cost $149.82 Unrealized +1.1%

V VISA INC 0.3%

Value ($000) $1,513,626 (+38.7%) Shares 4,315,877 (+35.0%) Est. Cost $326.95 Unrealized +4.1%

MDT MEDTRONIC PLC 0.6%

Value ($000) $3,321,101 (+13.6%) Shares 34,573,163 (+12.6%) Est. Cost $89.09 Unrealized +9.0%

TDG TRANSDIGM GROUP INC 0.6%

Value ($000) $3,293,527 (+13.2%) Shares 2,476,661 (+12.2%) Est. Cost $723.24 Unrealized +81.2%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $1,023,735 (+57.0%) Shares 2,036,675 (+57.0%) Est. Cost $402.03 Unrealized +23.8%

APO APOLLO GLOBAL MGMT INC 0.3%

Value ($000) $1,592,774 (+28.8%) Shares 11,002,773 (+18.6%) Est. Cost $107.56 Unrealized +23.3%

CRM SALESFORCE INC 0.5%

Value ($000) $2,508,137 (+14.5%) Shares 9,467,811 (+2.4%) Est. Cost $219.87 Unrealized +12.9%

APH AMPHENOL CORP NEW 0.4%

Value ($000) $2,223,994 (+15.8%) Shares 16,456,876 (+6.0%) Est. Cost $86.05 Unrealized +55.2%

CVE CENOVUS ENERGY INC 0.4%

Value ($000) $2,103,090 (+16.2%) Shares 124,313,513 (+16.6%) Est. Cost $15.12 Unrealized +14.9%

MSTR STRATEGY INC 0.2%

Value ($000) $1,064,963 (-21.4%) Shares 7,008,535 (+66.7%) Est. Cost $290.49 Unrealized -20.7%

PLD PROLOGIS INC. 0.4%

Value ($000) $2,050,397 (+16.4%) Shares 16,061,390 (+4.4%) Est. Cost $104.52 Unrealized +18.5%

ABT ABBOTT LABS 0.9%

Value ($000) $4,907,523 (-5.5%) Shares 39,169,239 (+1.0%) Est. Cost $52.82 Unrealized +141.0%

MA MASTERCARD INCORPORATED 1.1%

Value ($000) $6,161,003 (+4.7%) Shares 10,791,976 (+4.3%) Est. Cost $253.05 Unrealized +120.9%

APD AIR PRODS & CHEMS INC 0.5%

Value ($000) $2,940,665 (-8.4%) Shares 11,904,537 (+1.2%) Est. Cost $246.24 Unrealized +2.2%

MRVL MARVELL TECHNOLOGY INC 0.1%

Value ($000) $386,765 (+180.9%) Shares 4,551,249 (+177.9%) Est. Cost $82.44 Unrealized +6.1%

NEE NEXTERA ENERGY INC 0.4%

Value ($000) $2,372,413 (+11.2%) Shares 29,551,715 (+4.6%) Est. Cost $69.03 Unrealized +19.5%

MELI MERCADOLIBRE INC 0.8%

Value ($000) $4,481,812 (+5.6%) Shares 2,225,031 (+22.5%) Est. Cost $1207.78 Unrealized +73.9%

SW SMURFIT WESTROCK PLC 0.3%

Value ($000) $1,397,057 (+19.2%) Shares 36,127,677 (+31.2%) Est. Cost $42.71 Unrealized -10.7%

GEHC GE HEALTHCARE TECHNOLOGIES I 0.4%

Value ($000) $2,080,248 (+10.9%) Shares 25,362,352 (+1.6%) Est. Cost $74.06 Unrealized +5.2%

ADP AUTOMATIC DATA PROCESSING IN 0.4%

Value ($000) $2,159,088 (-8.3%) Shares 8,393,607 (+4.6%) Est. Cost $232.08 Unrealized +14.1%

LYB LYONDELLBASELL INDUSTRIES N 0.1%

Value ($000) $396,615 (+84.3%) Shares 9,159,702 (+108.7%) Est. Cost $51.13 Unrealized -13.1%

NOW SERVICENOW INC 0.1%

Value ($000) $495,189 (-26.6%) Shares 3,232,465 (+341.1%) Est. Cost $145.11 Unrealized +18.2%

SE SEA LTD 0.1%

Value ($000) $512,216 (+49.9%) Shares 4,015,065 (+110.0%) Est. Cost $112.64 Unrealized —

ATI ATI INC 0.1%

Value ($000) $414,481 (+58.0%) Shares 3,611,724 (+12.0%) Est. Cost $69.60 Unrealized +40.0%

D DOMINION ENERGY INC 0.6%

Value ($000) $3,503,142 (+4.4%) Shares 59,790,734 (+9.0%) Est. Cost $51.55 Unrealized +15.9%

OMC OMNICOM GROUP INC 0.1%

Value ($000) $378,806 (+58.5%) Shares 4,691,101 (+60.1%) Est. Cost $58.83 Unrealized +28.8%

BLD TOPBUILD CORP 0.3%

Value ($000) $1,499,500 (+9.7%) Shares 3,594,131 (+2.8%) Est. Cost $188.57 Unrealized +127.4%

EQT EQT CORP 0.1%

Value ($000) $671,171 (+24.6%) Shares 12,521,749 (+26.5%) Est. Cost $53.35 Unrealized +5.2%

FNV FRANCO NEV CORP 0.0%

Value ($000) $264,882 (+86.2%) Shares 1,277,889 (+100.2%) Est. Cost $184.03 Unrealized +10.2%

LIN LINDE PLC 0.8%

Value ($000) $4,318,325 (-2.6%) Shares 10,127,594 (+8.6%) Est. Cost $337.58 Unrealized +26.6%

CTSH COGNIZANT TECHNOLOGY SOLUTIO 0.1%

Value ($000) $527,577 (+26.5%) Shares 6,356,349 (+2.2%) Est. Cost $73.40 Unrealized +1.7%

TJX TJX COS INC NEW 0.1%

Value ($000) $453,367 (+31.2%) Shares 2,951,417 (+23.5%) Est. Cost $122.19 Unrealized +20.9%

FANG DIAMONDBACK ENERGY INC 0.1%

Value ($000) $651,363 (+19.8%) Shares 4,332,885 (+14.1%) Est. Cost $143.96 Unrealized +2.1%

QTWO Q2 HLDGS INC 0.0%

Value ($000) $226,658 (+85.6%) Shares 3,141,044 (+86.2%) Est. Cost $71.82 Unrealized -4.4%

DTE DTE ENERGY CO 0.3%

Value ($000) $1,605,539 (-5.9%) Shares 12,447,948 (+3.1%) Est. Cost $91.96 Unrealized +46.6%

COR CENCORA INC 0.2%

Value ($000) $928,670 (+11.7%) Shares 2,749,577 (+3.3%) Est. Cost $172.52 Unrealized +97.4%

CAVA CAVA GROUP INC 0.1%

Value ($000) $495,344 (+23.6%) Shares 8,440,040 (+27.2%) Est. Cost $60.52 Unrealized -7.9%

SLB SLB LIMITED 0.1%

Value ($000) $404,524 (+30.3%) Shares 10,539,972 (+16.7%) Est. Cost $37.81 Unrealized -4.6%

BTI BRITISH AMERN TOB PLC 0.2%

Value ($000) $1,264,512 (+7.9%) Shares 22,333,402 (+1.2%) Est. Cost $40.98 Unrealized —

CVS CVS HEALTH CORP 0.2%

Value ($000) $955,766 (+10.5%) Shares 12,043,423 (+5.0%) Est. Cost $61.10 Unrealized +28.8%

OSK OSHKOSH CORP 0.0%

Value ($000) $149,896 (+136.3%) Shares 1,193,156 (+143.9%) Est. Cost $129.36 Unrealized -1.1%

ALK ALASKA AIR GROUP INC 0.0%

Value ($000) $159,720 (+88.7%) Shares 3,175,350 (+86.8%) Est. Cost $43.02 Unrealized +7.5%

LPX LOUISIANA PAC CORP 0.0%

Value ($000) $102,848 (+269.3%) Shares 1,273,497 (+306.2%) Est. Cost $85.57 Unrealized -1.3%

ADMA ADMA BIOLOGICS INC 0.0%

Value ($000) $121,067 (+153.8%) Shares 6,637,472 (+104.0%) Est. Cost $16.99 Unrealized -0.8%

VIST VISTA ENERGY S.A.B. DE C.V. 0.0%

Value ($000) $162,321 (+78.6%) Shares 3,335,815 (+26.2%) Est. Cost $41.74 Unrealized —

APP APPLOVIN CORP 0.2%

Value ($000) $815,105 (+9.6%) Shares 1,209,631 (+16.8%) Est. Cost $485.49 Unrealized +29.8%

SPOT SPOTIFY TECHNOLOGY S A 0.1%

Value ($000) $442,626 (-13.6%) Shares 762,215 (+3.9%) Est. Cost $696.48 Unrealized -10.2%

DKNG DRAFTKINGS INC NEW 0.0%

Value ($000) $227,978 (+43.7%) Shares 6,615,721 (+55.9%) Est. Cost $21.19 Unrealized +55.2%

GFL GFL ENVIRONMENTAL INC 0.2%

Value ($000) $939,043 (+6.6%) Shares 21,863,632 (+17.6%) Est. Cost $36.94 Unrealized +20.9%

MGNI MAGNITE INC 0.0%

Value ($000) $209,696 (+37.9%) Shares 12,920,289 (+85.0%) Est. Cost $15.83 Unrealized +4.8%

BKH BLACK HILLS CORP 0.0%

Value ($000) $157,995 (+56.3%) Shares 2,275,922 (+38.7%) Est. Cost $59.04 Unrealized +12.6%

SII SPROTT INC 0.0%

Value ($000) $97,101 (+121.6%) Shares 991,339 (+88.1%) Est. Cost $66.99 Unrealized +32.4%

CWST CASELLA WASTE SYS INC 0.0%

Value ($000) $243,678 (+27.7%) Shares 2,488,034 (+23.7%) Est. Cost $98.10 Unrealized -5.4%

MNST MONSTER BEVERAGE CORP NEW 0.1%

Value ($000) $390,378 (+15.2%) Shares 5,091,367 (+1.2%) Est. Cost $57.14 Unrealized +25.4%

WM WASTE MGMT INC DEL 0.1%

Value ($000) $497,724 (+11.3%) Shares 2,265,370 (+11.9%) Est. Cost $198.16 Unrealized +7.3%

RACE FERRARI N V 0.1%

Value ($000) $333,933 (-13.1%) Shares 898,442 (+13.1%) Est. Cost $238.05 Unrealized +68.1%

KYMR KYMERA THERAPEUTICS INC 0.0%

Value ($000) $121,445 (+70.0%) Shares 1,560,791 (+23.7%) Est. Cost $41.24 Unrealized +63.8%

CNX CNX RES CORP 0.0%

Value ($000) $175,210 (+38.1%) Shares 4,765,039 (+20.6%) Est. Cost $31.14 Unrealized +15.0%

IR INGERSOLL RAND INC 0.3%

Value ($000) $1,543,017 (-3.0%) Shares 19,476,801 (+1.2%) Est. Cost $79.79 Unrealized -1.1%

FITB FIFTH THIRD BANCORP 0.1%

Value ($000) $301,962 (+18.5%) Shares 6,450,801 (+12.8%) Est. Cost $37.66 Unrealized +15.9%

CSGP COSTAR GROUP INC 0.1%

Value ($000) $374,329 (-11.2%) Shares 5,566,962 (+11.5%) Est. Cost $79.39 Unrealized -10.8%

CE CELANESE CORP DEL 0.0%

Value ($000) $235,312 (+24.6%) Shares 5,565,556 (+24.0%) Est. Cost $94.11 Unrealized -56.7%

ARM ARM HOLDINGS PLC 0.0%

Value ($000) $197,332 (-18.8%) Shares 1,805,110 (+5.1%) Est. Cost $139.94 Unrealized —

RYTM RHYTHM PHARMACEUTICALS INC 0.0%

Value ($000) $105,444 (+74.5%) Shares 985,086 (+64.7%) Est. Cost $98.04 Unrealized +8.2%

OWL BLUE OWL CAPITAL INC 0.0%

Value ($000) $64,240 (+187.4%) Shares 4,299,836 (+225.7%) Est. Cost $14.97 Unrealized +4.5%

SPNT SIRIUSPOINT LTD 0.0%

Value ($000) $163,036 (+34.5%) Shares 7,447,968 (+11.2%) Est. Cost $11.66 Unrealized +71.9%

ROG ROGERS CORP 0.0%

Value ($000) $139,098 (+41.5%) Shares 1,519,040 (+24.3%) Est. Cost $76.70 Unrealized +12.0%

WU WESTERN UN CO 0.0%

Value ($000) $96,898 (+57.7%) Shares 10,407,960 (+35.3%) Est. Cost $16.53 Unrealized —

BIO BIO RAD LABS INC 0.0%

Value ($000) $149,820 (+27.7%) Shares 494,472 (+18.2%) Est. Cost $278.27 Unrealized +12.1%

HAS HASBRO INC 0.0%

Value ($000) $264,522 (+13.8%) Shares 3,225,875 (+5.3%) Est. Cost $55.34 Unrealized +41.0%

ITW ILLINOIS TOOL WKS INC 0.2%

Value ($000) $1,141,948 (-2.5%) Shares 4,636,392 (+3.2%) Est. Cost $124.90 Unrealized +98.2%

VSEC VSE CORP 0.0%

Value ($000) $224,550 (+14.8%) Shares 1,299,704 (+10.5%) Est. Cost $85.54 Unrealized +99.8%

PATK PATRICK INDS INC 0.0%

Value ($000) $123,342 (+30.4%) Shares 1,137,530 (+24.4%) Est. Cost $91.48 Unrealized +14.4%

BSX BOSTON SCIENTIFIC CORP 0.1%

Value ($000) $675,467 (+4.3%) Shares 7,084,055 (+6.8%) Est. Cost $81.27 Unrealized +20.6%

OLLI OLLIES BARGAIN OUTLET HLDGS 0.0%

Value ($000) $84,711 (+45.3%) Shares 772,837 (+70.2%) Est. Cost $95.42 Unrealized +26.4%

SLM SLM CORP 0.1%

Value ($000) $304,928 (+8.4%) Shares 11,268,593 (+10.9%) Est. Cost $27.58 Unrealized -0.5%

PAYX PAYCHEX INC 0.0%

Value ($000) $215,139 (+11.7%) Shares 1,917,806 (+26.2%) Est. Cost $121.41 Unrealized -4.0%

FCFS FIRSTCASH HOLDINGS INC 0.0%

Value ($000) $85,581 (+34.3%) Shares 536,961 (+33.5%) Est. Cost $138.36 Unrealized +13.5%

VIA VIA TRANSN INC 0.0%

Value ($000) $62,087 (+53.2%) Shares 2,140,200 (+153.9%) Est. Cost $44.51 Unrealized -7.3%

EZPW EZCORP INC 0.0%

Value ($000) $61,518 (+50.4%) Shares 3,167,748 (+47.5%) Est. Cost $16.05 Unrealized +17.5%

— APOLLO GLOBAL MGMT INC 0.0%

Value ($000) $102,807 (+22.7%) Shares 1,361,316 (+14.2%) Est. Cost $73.39 Unrealized —

DOMO DOMO INC 0.0%

Value ($000) $25,084 (-42.4%) Shares 2,975,558 (+8.2%) Est. Cost $15.20 Unrealized -22.7%

CWH CAMPING WORLD HLDGS INC 0.0%

Value ($000) $40,786 (-30.5%) Shares 4,191,781 (+12.8%) Est. Cost $20.80 Unrealized -41.1%

PBH PRESTIGE CONSMR HEALTHCARE I 0.0%

Value ($000) $34,639 (+105.5%) Shares 561,497 (+107.9%) Est. Cost $72.00 Unrealized -15.0%

STLA STELLANTIS N.V 0.0%

Value ($000) $46,769 (+61.1%) Shares 4,236,161 (+34.9%) Est. Cost $11.34 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 0.0%

Value ($000) $179,645 (+10.1%) Shares 1,527,914 (+4.7%) Est. Cost $93.10 Unrealized +15.0%

ADUS ADDUS HOMECARE CORP 0.0%

Value ($000) $157,837 (+11.3%) Shares 1,469,752 (+22.3%) Est. Cost $114.94 Unrealized -0.1%

SPY SPDR S&P 500 ETF TR 0.0%

Value ($000) $17,832 (+547.5%) Shares 25,957 (+525.5%) Est. Cost $669.99 Unrealized —

ELF E L F BEAUTY INC 0.0%

Value ($000) $58,252 (-19.5%) Shares 766,072 (+40.2%) Est. Cost $96.48 Unrealized +2.0%

MOD MODINE MFG CO 0.0%

Value ($000) $197,358 (+6.9%) Shares 1,478,224 (+13.8%) Est. Cost $129.88 Unrealized +14.7%

CCJ CAMECO CORP 0.0%

Value ($000) $48,503 (+31.7%) Shares 529,699 (+20.7%) Est. Cost $60.09 Unrealized +49.7%

GOLF ACUSHNET HLDGS CORP 0.0%

Value ($000) $116,936 (+10.4%) Shares 1,465,000 (+8.5%) Est. Cost $68.81 Unrealized +17.9%

WHD CACTUS INC 0.0%

Value ($000) $30,139 (+54.1%) Shares 659,779 (+33.1%) Est. Cost $41.99 Unrealized -0.5%

MOG/A MOOG INC 0.0%

Value ($000) $51,189 (+20.6%) Shares 210,179 (+2.9%) Est. Cost $184.07 Unrealized +19.1%

NTSK NETSKOPE INC 0.0%

Value ($000) $39,665 (-16.9%) Shares 2,261,418 (+7.7%) Est. Cost $23.58 Unrealized -11.5%

LW LAMB WESTON HLDGS INC 0.0%

Value ($000) $118,130 (-5.4%) Shares 2,820,000 (+31.2%) Est. Cost $63.99 Unrealized -8.2%

EIX EDISON INTL 0.0%

Value ($000) $68,945 (+10.7%) Shares 1,148,661 (+1.9%) Est. Cost $52.01 Unrealized +10.2%

SVV SAVERS VALUE VLG INC 0.0%

Value ($000) $31,106 (+21.9%) Shares 3,330,459 (+72.9%) Est. Cost $10.98 Unrealized -6.4%

WH WYNDHAM HOTELS & RESORTS INC 0.1%

Value ($000) $620,032 (-0.9%) Shares 8,205,818 (+4.8%) Est. Cost $58.98 Unrealized +27.8%

EQIX EQUINIX INC 0.1%

Value ($000) $448,356 (-0.9%) Shares 585,199 (+1.3%) Est. Cost $601.16 Unrealized +29.9%

HOMB HOME BANCSHARES INC 0.0%

Value ($000) $155,242 (+2.5%) Shares 5,588,267 (+4.5%) Est. Cost $29.13 Unrealized -4.8%

THO THOR INDS INC 0.0%

Value ($000) $162,411 (+2.1%) Shares 1,581,876 (+3.2%) Est. Cost $61.69 Unrealized +67.4%

KT KT CORP 0.0%

Value ($000) $94,216 (+3.4%) Shares 4,966,590 (+6.3%) Est. Cost $20.66 Unrealized —

ITUB ITAU UNIBANCO HLDG S A 0.0%

Value ($000) $217,383 (+1.4%) Shares 30,359,075 (+3.9%) Est. Cost $6.63 Unrealized —

ROOT ROOT INC 0.0%

Value ($000) $47,257 (+6.3%) Shares 654,252 (+31.7%) Est. Cost $110.23 Unrealized -27.7%

FAF FIRST AMERN FINL CORP 0.0%

Value ($000) $209,868 (-1.2%) Shares 3,415,825 (+3.3%) Est. Cost $60.73 Unrealized +2.6%

BN BROOKFIELD CORP 0.0%

Value ($000) $98,022 (-1.7%) Shares 2,134,876 (+47.0%) Est. Cost $44.63 Unrealized +2.0%

LAZ LAZARD INC 0.0%

Value ($000) $119,299 (+1.1%) Shares 2,456,726 (+9.9%) Est. Cost $43.57 Unrealized +14.5%

PAC GRUPO AEROPUERTO DEL PACIFIC 0.0%

Value ($000) $5,472 (+29.1%) Shares 20,755 (+16.2%) Est. Cost $204.45 Unrealized —

ACWI ISHARES TR 0.0%

Value ($000) $2,045 (+133.9%) Shares 14,359 (+126.2%) Est. Cost $130.77 Unrealized —

IWF ISHARES TR 0.0%

Value ($000) $1,320 (+361.3%) Shares 2,768 (+351.5%) Est. Cost $461.18 Unrealized —

ING ING GROEP N.V. 0.0%

Value ($000) $6,109 (+10.5%) Shares 217,394 (+2.3%) Est. Cost $14.92 Unrealized —

CNP CENTERPOINT ENERGY INC 0.1%

Value ($000) $802,916 (-0.1%) Shares 20,941,909 (+1.1%) Est. Cost $27.57 Unrealized +40.9%

BIL SPDR SERIES TRUST 0.0%

Value ($000) $4,512 (+11.2%) Shares 49,385 (+11.7%) Est. Cost $91.62 Unrealized —

KB KB FINL GROUP INC 0.0%

Value ($000) $5,373 (+7.4%) Shares 62,186 (+2.8%) Est. Cost $58.84 Unrealized —

AIZ ASSURANT INC 0.0%

Value ($000) $822 (+20.4%) Shares 3,411 (+8.3%) Est. Cost $193.65 Unrealized +15.1%

BHVN BIOHAVEN LTD 0.0%

Value ($000) $15,047 (-0.9%) Shares 1,332,792 (+31.8%) Est. Cost $15.22 Unrealized -18.6%

RVTY REVVITY INC 0.0%

Value ($000) $571 (+16.7%) Shares 5,904 (+5.7%) Est. Cost $80.66 Unrealized +19.0%

ARW ARROW ELECTRS INC 0.0%

Value ($000) $643 (-6.9%) Shares 5,839 (+2.2%) Est. Cost $117.63 Unrealized -3.4%

NOC NORTHROP GRUMMAN CORP 0.0%

Value ($000) $866 (-4.3%) Shares 1,519 (+2.2%) Est. Cost $509.25 Unrealized +13.7%

JBS JBS N.V. 0.0%

Value ($000) $2,153 (-1.5%) Shares 148,566 (+2.2%) Est. Cost $14.07 Unrealized -2.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMAT	APPLIED MATLS INC	32,707,049 (+119.8%)	$8,405,458 (+175.9%)	1.6%	$210.08	+14.0%	COM	038222105
GOOGL	ALPHABET INC	52,055,304 (+2.6%)	$16,293,322 (+32.1%)	3.0%	$138.61	+106.0%	CAP STK CL A	02079K305
AAPL	APPLE INC	55,474,240 (+21.7%)	$15,081,281 (+30.0%)	2.8%	$188.94	+42.0%	COM	037833100
GOOG	ALPHABET INC	28,116,508 (+3.4%)	$8,823,000 (+33.2%)	1.6%	$122.18	+134.4%	CAP STK CL C	02079K107
PM	PHILIP MORRIS INTL INC	54,559,706 (+25.3%)	$8,751,407 (+23.9%)	1.6%	$86.76	+77.0%	COM	718172109
NFLX	NETFLIX INC	42,367,807 (+800.2%)	$3,972,406 (-29.6%)	0.7%	$98.51	+9.4%	COM	64110L106
UBER	UBER TECHNOLOGIES INC	113,456,376 (+2.6%)	$9,270,561 (-14.4%)	1.7%	$64.32	+40.0%	COM	90353T100
CNQ	CANADIAN NAT RES LTD	146,331,336 (+31.5%)	$4,956,204 (+39.3%)	0.9%	$23.36	+38.8%	COM	136385101
VRTX	VERTEX PHARMACEUTICALS INC	17,316,344 (+4.6%)	$7,850,544 (+21.1%)	1.4%	$424.61	+1.5%	COM	92532F100
NVDA	NVIDIA CORPORATION	171,562,742 (+3.7%)	$31,996,599 (+3.7%)	5.9%	$123.25	+51.0%	COM	67066G104
CVNA	CARVANA CO	5,700,953 (+42.9%)	$2,405,959 (+59.8%)	0.4%	$290.03	+28.2%	CL A	146869102
HAL	HALLIBURTON CO	110,220,971 (+21.1%)	$3,114,848 (+39.1%)	0.6%	$22.05	+19.2%	COM	406216101
INTC	INTEL CORP	26,619,928 (+285.9%)	$982,279 (+324.4%)	0.2%	$33.65	+12.2%	COM	458140100
ORCL	ORACLE CORP	30,137,126 (+29.3%)	$5,874,070 (-10.4%)	1.1%	$164.29	+44.9%	COM	68389X105
CHTR	CHARTER COMMUNICATIONS INC N	4,815,422 (+304.9%)	$1,005,222 (+207.2%)	0.2%	$244.03	-7.8%	CL A	16119P108
EXE	EXPAND ENERGY CORPORATION	21,251,283 (+33.2%)	$2,345,303 (+38.3%)	0.4%	$98.35	+12.5%	COM	165167735
BKNG	BOOKING HOLDINGS INC	171,849 (+194.5%)	$920,308 (+192.1%)	0.2%	$5028.97	+2.2%	COM	09857L108
CMCSA	COMCAST CORP NEW	55,664,933 (+65.1%)	$1,663,825 (+57.1%)	0.3%	$33.32	-14.4%	CL A	20030N101
RCL	ROYAL CARIBBEAN GROUP	20,176,544 (+4.8%)	$5,627,669 (-9.7%)	1.0%	$93.04	+202.6%	COM	V7780T103
GLW	CORNING INC	16,890,802 (+52.7%)	$1,478,959 (+63.0%)	0.3%	$72.23	+19.0%	COM	219350105
WFC	WELLS FARGO CO NEW	37,421,387 (+4.9%)	$3,487,687 (+16.7%)	0.6%	$71.28	+21.5%	COM	949746101
UNP	UNION PAC CORP	10,980,904 (+26.0%)	$2,540,105 (+23.3%)	0.5%	$217.08	+4.7%	COM	907818108
TSM	TAIWAN SEMICONDUCTOR MFG LTD	3,215,353 (+66.3%)	$976,821 (+81.0%)	0.2%	$195.73	—	SPONSORED ADS	874039100
BX	BLACKSTONE INC	6,381,767 (+99.2%)	$983,690 (+79.7%)	0.2%	$149.82	+1.1%	COM	09260D107
V	VISA INC	4,315,877 (+35.0%)	$1,513,626 (+38.7%)	0.3%	$326.95	+4.1%	COM CL A	92826C839
MDT	MEDTRONIC PLC	34,573,163 (+12.6%)	$3,321,101 (+13.6%)	0.6%	$89.09	+9.0%	SHS	G5960L103
TDG	TRANSDIGM GROUP INC	2,476,661 (+12.2%)	$3,293,527 (+13.2%)	0.6%	$723.24	+81.2%	COM	893641100
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,036,675 (+57.0%)	$1,023,735 (+57.0%)	0.2%	$402.03	+23.8%	CL B NEW	084670702
APO	APOLLO GLOBAL MGMT INC	11,002,773 (+18.6%)	$1,592,774 (+28.8%)	0.3%	$107.56	+23.3%	COM	03769M106
CRM	SALESFORCE INC	9,467,811 (+2.4%)	$2,508,137 (+14.5%)	0.5%	$219.87	+12.9%	COM	79466L302
APH	AMPHENOL CORP NEW	16,456,876 (+6.0%)	$2,223,994 (+15.8%)	0.4%	$86.05	+55.2%	CL A	032095101
CVE	CENOVUS ENERGY INC	124,313,513 (+16.6%)	$2,103,090 (+16.2%)	0.4%	$15.12	+14.9%	COM	15135U109
MSTR	STRATEGY INC	7,008,535 (+66.7%)	$1,064,963 (-21.4%)	0.2%	$290.49	-20.7%	CL A NEW	594972408
PLD	PROLOGIS INC.	16,061,390 (+4.4%)	$2,050,397 (+16.4%)	0.4%	$104.52	+18.5%	COM	74340W103
ABT	ABBOTT LABS	39,169,239 (+1.0%)	$4,907,523 (-5.5%)	0.9%	$52.82	+141.0%	COM	002824100
MA	MASTERCARD INCORPORATED	10,791,976 (+4.3%)	$6,161,003 (+4.7%)	1.1%	$253.05	+120.9%	CL A	57636Q104
APD	AIR PRODS & CHEMS INC	11,904,537 (+1.2%)	$2,940,665 (-8.4%)	0.5%	$246.24	+2.2%	COM	009158106
MRVL	MARVELL TECHNOLOGY INC	4,551,249 (+177.9%)	$386,765 (+180.9%)	0.1%	$82.44	+6.1%	COM	573874104
NEE	NEXTERA ENERGY INC	29,551,715 (+4.6%)	$2,372,413 (+11.2%)	0.4%	$69.03	+19.5%	COM	65339F101
MELI	MERCADOLIBRE INC	2,225,031 (+22.5%)	$4,481,812 (+5.6%)	0.8%	$1207.78	+73.9%	COM	58733R102
SW	SMURFIT WESTROCK PLC	36,127,677 (+31.2%)	$1,397,057 (+19.2%)	0.3%	$42.71	-10.7%	SHS	G8267P108
GEHC	GE HEALTHCARE TECHNOLOGIES I	25,362,352 (+1.6%)	$2,080,248 (+10.9%)	0.4%	$74.06	+5.2%	COMMON STOCK	36266G107
ADP	AUTOMATIC DATA PROCESSING IN	8,393,607 (+4.6%)	$2,159,088 (-8.3%)	0.4%	$232.08	+14.1%	COM	053015103
LYB	LYONDELLBASELL INDUSTRIES N	9,159,702 (+108.7%)	$396,615 (+84.3%)	0.1%	$51.13	-13.1%	SHS - A -	N53745100
NOW	SERVICENOW INC	3,232,465 (+341.1%)	$495,189 (-26.6%)	0.1%	$145.11	+18.2%	COM	81762P102
SE	SEA LTD	4,015,065 (+110.0%)	$512,216 (+49.9%)	0.1%	$112.64	—	SPONSORD ADS	81141R100
ATI	ATI INC	3,611,724 (+12.0%)	$414,481 (+58.0%)	0.1%	$69.60	+40.0%	COM	01741R102
D	DOMINION ENERGY INC	59,790,734 (+9.0%)	$3,503,142 (+4.4%)	0.6%	$51.55	+15.9%	COM	25746U109
OMC	OMNICOM GROUP INC	4,691,101 (+60.1%)	$378,806 (+58.5%)	0.1%	$58.83	+28.8%	COM	681919106
BLD	TOPBUILD CORP	3,594,131 (+2.8%)	$1,499,500 (+9.7%)	0.3%	$188.57	+127.4%	COM	89055F103
EQT	EQT CORP	12,521,749 (+26.5%)	$671,171 (+24.6%)	0.1%	$53.35	+5.2%	COM	26884L109
FNV	FRANCO NEV CORP	1,277,889 (+100.2%)	$264,882 (+86.2%)	0.0%	$184.03	+10.2%	COM	351858105
LIN	LINDE PLC	10,127,594 (+8.6%)	$4,318,325 (-2.6%)	0.8%	$337.58	+26.6%	SHS	G54950103
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	6,356,349 (+2.2%)	$527,577 (+26.5%)	0.1%	$73.40	+1.7%	CL A	192446102
TJX	TJX COS INC NEW	2,951,417 (+23.5%)	$453,367 (+31.2%)	0.1%	$122.19	+20.9%	COM	872540109
FANG	DIAMONDBACK ENERGY INC	4,332,885 (+14.1%)	$651,363 (+19.8%)	0.1%	$143.96	+2.1%	COM	25278X109
QTWO	Q2 HLDGS INC	3,141,044 (+86.2%)	$226,658 (+85.6%)	0.0%	$71.82	-4.4%	COM	74736L109
DTE	DTE ENERGY CO	12,447,948 (+3.1%)	$1,605,539 (-5.9%)	0.3%	$91.96	+46.6%	COM	233331107
COR	CENCORA INC	2,749,577 (+3.3%)	$928,670 (+11.7%)	0.2%	$172.52	+97.4%	COM	03073E105
CAVA	CAVA GROUP INC	8,440,040 (+27.2%)	$495,344 (+23.6%)	0.1%	$60.52	-7.9%	COM	148929102
SLB	SLB LIMITED	10,539,972 (+16.7%)	$404,524 (+30.3%)	0.1%	$37.81	-4.6%	COM STK	806857108
BTI	BRITISH AMERN TOB PLC	22,333,402 (+1.2%)	$1,264,512 (+7.9%)	0.2%	$40.98	—	SPONSORED ADR	110448107
CVS	CVS HEALTH CORP	12,043,423 (+5.0%)	$955,766 (+10.5%)	0.2%	$61.10	+28.8%	COM	126650100
OSK	OSHKOSH CORP	1,193,156 (+143.9%)	$149,896 (+136.3%)	0.0%	$129.36	-1.1%	COM	688239201
ALK	ALASKA AIR GROUP INC	3,175,350 (+86.8%)	$159,720 (+88.7%)	0.0%	$43.02	+7.5%	COM	011659109
LPX	LOUISIANA PAC CORP	1,273,497 (+306.2%)	$102,848 (+269.3%)	0.0%	$85.57	-1.3%	COM	546347105
ADMA	ADMA BIOLOGICS INC	6,637,472 (+104.0%)	$121,067 (+153.8%)	0.0%	$16.99	-0.8%	COM	000899104
VIST	VISTA ENERGY S.A.B. DE C.V.	3,335,815 (+26.2%)	$162,321 (+78.6%)	0.0%	$41.74	—	SPONSORED ADS	92837L109
APP	APPLOVIN CORP	1,209,631 (+16.8%)	$815,105 (+9.6%)	0.2%	$485.49	+29.8%	COM CL A	03831W108
SPOT	SPOTIFY TECHNOLOGY S A	762,215 (+3.9%)	$442,626 (-13.6%)	0.1%	$696.48	-10.2%	SHS	L8681T102
DKNG	DRAFTKINGS INC NEW	6,615,721 (+55.9%)	$227,978 (+43.7%)	0.0%	$21.19	+55.2%	COM CL A	26142V105
GFL	GFL ENVIRONMENTAL INC	21,863,632 (+17.6%)	$939,043 (+6.6%)	0.2%	$36.94	+20.9%	SUB VTG SHS	36168Q104
MGNI	MAGNITE INC	12,920,289 (+85.0%)	$209,696 (+37.9%)	0.0%	$15.83	+4.8%	COM	55955D100
BKH	BLACK HILLS CORP	2,275,922 (+38.7%)	$157,995 (+56.3%)	0.0%	$59.04	+12.6%	COM	092113109
SII	SPROTT INC	991,339 (+88.1%)	$97,101 (+121.6%)	0.0%	$66.99	+32.4%	COM NEW	852066208
CWST	CASELLA WASTE SYS INC	2,488,034 (+23.7%)	$243,678 (+27.7%)	0.0%	$98.10	-5.4%	CL A	147448104
MNST	MONSTER BEVERAGE CORP NEW	5,091,367 (+1.2%)	$390,378 (+15.2%)	0.1%	$57.14	+25.4%	COM	61174X109
WM	WASTE MGMT INC DEL	2,265,370 (+11.9%)	$497,724 (+11.3%)	0.1%	$198.16	+7.3%	COM	94106L109
RACE	FERRARI N V	898,442 (+13.1%)	$333,933 (-13.1%)	0.1%	$238.05	+68.1%	COM	N3167Y103
KYMR	KYMERA THERAPEUTICS INC	1,560,791 (+23.7%)	$121,445 (+70.0%)	0.0%	$41.24	+63.8%	COM	501575104
CNX	CNX RES CORP	4,765,039 (+20.6%)	$175,210 (+38.1%)	0.0%	$31.14	+15.0%	COM	12653C108
IR	INGERSOLL RAND INC	19,476,801 (+1.2%)	$1,543,017 (-3.0%)	0.3%	$79.79	-1.1%	COM	45687V106
FITB	FIFTH THIRD BANCORP	6,450,801 (+12.8%)	$301,962 (+18.5%)	0.1%	$37.66	+15.9%	COM	316773100
CSGP	COSTAR GROUP INC	5,566,962 (+11.5%)	$374,329 (-11.2%)	0.1%	$79.39	-10.8%	COM	22160N109
CE	CELANESE CORP DEL	5,565,556 (+24.0%)	$235,312 (+24.6%)	0.0%	$94.11	-56.7%	COM	150870103
ARM	ARM HOLDINGS PLC	1,805,110 (+5.1%)	$197,332 (-18.8%)	0.0%	$139.94	—	SPONSORED ADS	042068205
RYTM	RHYTHM PHARMACEUTICALS INC	985,086 (+64.7%)	$105,444 (+74.5%)	0.0%	$98.04	+8.2%	COM	76243J105
OWL	BLUE OWL CAPITAL INC	4,299,836 (+225.7%)	$64,240 (+187.4%)	0.0%	$14.97	+4.5%	COM CL A	09581B103
SPNT	SIRIUSPOINT LTD	7,447,968 (+11.2%)	$163,036 (+34.5%)	0.0%	$11.66	+71.9%	COM	G8192H106
ROG	ROGERS CORP	1,519,040 (+24.3%)	$139,098 (+41.5%)	0.0%	$76.70	+12.0%	COM	775133101
WU	WESTERN UN CO	10,407,960 (+35.3%)	$96,898 (+57.7%)	0.0%	$16.53	—	COM	959802109
BIO	BIO RAD LABS INC	494,472 (+18.2%)	$149,820 (+27.7%)	0.0%	$278.27	+12.1%	CL A	090572207
HAS	HASBRO INC	3,225,875 (+5.3%)	$264,522 (+13.8%)	0.0%	$55.34	+41.0%	COM	418056107
ITW	ILLINOIS TOOL WKS INC	4,636,392 (+3.2%)	$1,141,948 (-2.5%)	0.2%	$124.90	+98.2%	COM	452308109
VSEC	VSE CORP	1,299,704 (+10.5%)	$224,550 (+14.8%)	0.0%	$85.54	+99.8%	COM	918284100
PATK	PATRICK INDS INC	1,137,530 (+24.4%)	$123,342 (+30.4%)	0.0%	$91.48	+14.4%	COM	703343103
BSX	BOSTON SCIENTIFIC CORP	7,084,055 (+6.8%)	$675,467 (+4.3%)	0.1%	$81.27	+20.6%	COM	101137107
OLLI	OLLIES BARGAIN OUTLET HLDGS	772,837 (+70.2%)	$84,711 (+45.3%)	0.0%	$95.42	+26.4%	COM	681116109
SLM	SLM CORP	11,268,593 (+10.9%)	$304,928 (+8.4%)	0.1%	$27.58	-0.5%	COM	78442P106
PAYX	PAYCHEX INC	1,917,806 (+26.2%)	$215,139 (+11.7%)	0.0%	$121.41	-4.0%	COM	704326107
FCFS	FIRSTCASH HOLDINGS INC	536,961 (+33.5%)	$85,581 (+34.3%)	0.0%	$138.36	+13.5%	COM	33768G107
VIA	VIA TRANSN INC	2,140,200 (+153.9%)	$62,087 (+53.2%)	0.0%	$44.51	-7.3%	COM CL A	92556W104
EZPW	EZCORP INC	3,167,748 (+47.5%)	$61,518 (+50.4%)	0.0%	$16.05	+17.5%	CL A NON VTG	302301106
—	APOLLO GLOBAL MGMT INC	1,361,316 (+14.2%)	$102,807 (+22.7%)	0.0%	$73.39	—	SER A MAND CNV	03769M304
DOMO	DOMO INC	2,975,558 (+8.2%)	$25,084 (-42.4%)	0.0%	$15.20	-22.7%	COM CL B	257554105
CWH	CAMPING WORLD HLDGS INC	4,191,781 (+12.8%)	$40,786 (-30.5%)	0.0%	$20.80	-41.1%	CL A	13462K109
PBH	PRESTIGE CONSMR HEALTHCARE I	561,497 (+107.9%)	$34,639 (+105.5%)	0.0%	$72.00	-15.0%	COM	74112D101
STLA	STELLANTIS N.V	4,236,161 (+34.9%)	$46,769 (+61.1%)	0.0%	$11.34	—	SHS	N82405106
WPM	WHEATON PRECIOUS METALS CORP	1,527,914 (+4.7%)	$179,645 (+10.1%)	0.0%	$93.10	+15.0%	COM	962879102
ADUS	ADDUS HOMECARE CORP	1,469,752 (+22.3%)	$157,837 (+11.3%)	0.0%	$114.94	-0.1%	COM	006739106
SPY	SPDR S&P 500 ETF TR	25,957 (+525.5%)	$17,832 (+547.5%)	0.0%	$669.99	—	TR UNIT	78462F103
ELF	E L F BEAUTY INC	766,072 (+40.2%)	$58,252 (-19.5%)	0.0%	$96.48	+2.0%	COM	26856L103
MOD	MODINE MFG CO	1,478,224 (+13.8%)	$197,358 (+6.9%)	0.0%	$129.88	+14.7%	COM	607828100
CCJ	CAMECO CORP	529,699 (+20.7%)	$48,503 (+31.7%)	0.0%	$60.09	+49.7%	COM	13321L108
GOLF	ACUSHNET HLDGS CORP	1,465,000 (+8.5%)	$116,936 (+10.4%)	0.0%	$68.81	+17.9%	COM	005098108
WHD	CACTUS INC	659,779 (+33.1%)	$30,139 (+54.1%)	0.0%	$41.99	-0.5%	CL A	127203107
MOG/A	MOOG INC	210,179 (+2.9%)	$51,189 (+20.6%)	0.0%	$184.07	+19.1%	CL A	615394202
NTSK	NETSKOPE INC	2,261,418 (+7.7%)	$39,665 (-16.9%)	0.0%	$23.58	-11.5%	CL A	64119N608
LW	LAMB WESTON HLDGS INC	2,820,000 (+31.2%)	$118,130 (-5.4%)	0.0%	$63.99	-8.2%	COM	513272104
EIX	EDISON INTL	1,148,661 (+1.9%)	$68,945 (+10.7%)	0.0%	$52.01	+10.2%	COM	281020107
SVV	SAVERS VALUE VLG INC	3,330,459 (+72.9%)	$31,106 (+21.9%)	0.0%	$10.98	-6.4%	COM	80517M109
WH	WYNDHAM HOTELS & RESORTS INC	8,205,818 (+4.8%)	$620,032 (-0.9%)	0.1%	$58.98	+27.8%	COM	98311A105
EQIX	EQUINIX INC	585,199 (+1.3%)	$448,356 (-0.9%)	0.1%	$601.16	+29.9%	COM	29444U700
HOMB	HOME BANCSHARES INC	5,588,267 (+4.5%)	$155,242 (+2.5%)	0.0%	$29.13	-4.8%	COM	436893200
THO	THOR INDS INC	1,581,876 (+3.2%)	$162,411 (+2.1%)	0.0%	$61.69	+67.4%	COM	885160101
KT	KT CORP	4,966,590 (+6.3%)	$94,216 (+3.4%)	0.0%	$20.66	—	SPONSORED ADR	48268K101
ITUB	ITAU UNIBANCO HLDG S A	30,359,075 (+3.9%)	$217,383 (+1.4%)	0.0%	$6.63	—	SPON ADR REP PFD	465562106
ROOT	ROOT INC	654,252 (+31.7%)	$47,257 (+6.3%)	0.0%	$110.23	-27.7%	CL A NEW	77664L207
FAF	FIRST AMERN FINL CORP	3,415,825 (+3.3%)	$209,868 (-1.2%)	0.0%	$60.73	+2.6%	COM	31847R102
BN	BROOKFIELD CORP	2,134,876 (+47.0%)	$98,022 (-1.7%)	0.0%	$44.63	+2.0%	CL A LTD VT SH	11271J107
LAZ	LAZARD INC	2,456,726 (+9.9%)	$119,299 (+1.1%)	0.0%	$43.57	+14.5%	COM	52110M109
PAC	GRUPO AEROPUERTO DEL PACIFIC	20,755 (+16.2%)	$5,472 (+29.1%)	0.0%	$204.45	—	SPON ADS B	400506101
ACWI	ISHARES TR	14,359 (+126.2%)	$2,045 (+133.9%)	0.0%	$130.77	—	MSCI ACWI ETF	464288257
IWF	ISHARES TR	2,768 (+351.5%)	$1,320 (+361.3%)	0.0%	$461.18	—	RUS 1000 GRW ETF	464287614
ING	ING GROEP N.V.	217,394 (+2.3%)	$6,109 (+10.5%)	0.0%	$14.92	—	SPONSORED ADR	456837103
CNP	CENTERPOINT ENERGY INC	20,941,909 (+1.1%)	$802,916 (-0.1%)	0.1%	$27.57	+40.9%	COM	15189T107
BIL	SPDR SERIES TRUST	49,385 (+11.7%)	$4,512 (+11.2%)	0.0%	$91.62	—	STATE STREET SPD	78468R663
KB	KB FINL GROUP INC	62,186 (+2.8%)	$5,373 (+7.4%)	0.0%	$58.84	—	SPONSORED ADR	48241A105
AIZ	ASSURANT INC	3,411 (+8.3%)	$822 (+20.4%)	0.0%	$193.65	+15.1%	COM	04621X108
BHVN	BIOHAVEN LTD	1,332,792 (+31.8%)	$15,047 (-0.9%)	0.0%	$15.22	-18.6%	COM	G1110E107
RVTY	REVVITY INC	5,904 (+5.7%)	$571 (+16.7%)	0.0%	$80.66	+19.0%	COM	714046109
ARW	ARROW ELECTRS INC	5,839 (+2.2%)	$643 (-6.9%)	0.0%	$117.63	-3.4%	COM	042735100
NOC	NORTHROP GRUMMAN CORP	1,519 (+2.2%)	$866 (-4.3%)	0.0%	$509.25	+13.7%	COM	666807102
JBS	JBS N.V.	148,566 (+2.2%)	$2,153 (-1.5%)	0.0%	$14.07	-2.3%	CL A SHS	N4732M103

Exited Positions (31)

NVT NVENT ELECTRIC PLC 0.1%

Value ($000) $379,470 Shares 3,847,016 Est. Cost $72.71 Unrealized +42.5%

CMG CHIPOTLE MEXICAN GRILL INC 0.1%

Value ($000) $378,099 Shares 9,647,801 Est. Cost $54.25 Unrealized -33.3%

— ALBEMARLE CORP 0.0%

Value ($000) $175,021 Shares 4,620,404 Est. Cost $52.97 Unrealized —

BRBR BELLRING BRANDS INC 0.0%

Value ($000) $172,312 Shares 4,740,349 Est. Cost $45.18 Unrealized -31.3%

LNWO LIGHT & WONDER INC 0.0%

Value ($000) $166,775 Shares 1,986,835 Est. Cost $70.86 Unrealized +24.4%

DXCM DEXCOM INC 0.0%

Value ($000) $159,321 Shares 2,367,676 Est. Cost $94.24 Unrealized -31.4%

AL AIR LEASE CORP 0.0%

Value ($000) $103,431 Shares 1,625,000 Est. Cost $45.13 Unrealized +41.1%

GENI GENIUS SPORTS LIMITED 0.0%

Value ($000) $97,420 Shares 7,869,105 Est. Cost $7.31 Unrealized +49.1%

GSK GSK PLC 0.0%

Value ($000) $77,447 Shares 1,794,427 Est. Cost $29.43 Unrealized —

— REV GROUP INC 0.0%

Value ($000) $73,333 Shares 1,294,033 Est. Cost $29.63 Unrealized —

ESTC ELASTIC N V 0.0%

Value ($000) $70,460 Shares 833,950 Est. Cost $105.02 Unrealized -22.3%

FND FLOOR & DECOR HLDGS INC 0.0%

Value ($000) $62,647 Shares 850,023 Est. Cost $102.17 Unrealized -36.6%

NCNO NCINO INC 0.0%

Value ($000) $60,430 Shares 2,229,082 Est. Cost $33.01 Unrealized -23.1%

MKSI MKS INC. 0.0%

Value ($000) $47,918 Shares 387,153 Est. Cost $90.66 Unrealized +63.5%

LION LIONSGATE STUDIOS CORP 0.0%

Value ($000) $43,403 Shares 6,290,244 Est. Cost $6.69 Unrealized +6.3%

FIG FIGMA INC 0.0%

Value ($000) $41,840 Shares 806,640 Est. Cost $68.66 Unrealized -34.2%

TREX TREX CO INC 0.0%

Value ($000) $36,443 Shares 705,297 Est. Cost $50.16 Unrealized -19.4%

CFLT CONFLUENT INC 0.0%

Value ($000) $29,224 Shares 1,475,965 Est. Cost $33.67 Unrealized -27.1%

ICLR ICON PLC 0.0%

Value ($000) $28,799 Shares 164,563 Est. Cost $206.78 Unrealized -13.9%

— BOEING CO 0.0%

Value ($000) $28,269 Shares 406,339 Est. Cost $60.89 Unrealized —

VCEL VERICEL CORP 0.0%

Value ($000) $26,865 Shares 853,668 Est. Cost $50.96 Unrealized -27.9%

FCN FTI CONSULTING INC 0.0%

Value ($000) $23,862 Shares 147,614 Est. Cost $166.08 Unrealized -0.7%

UUUU ENERGY FUELS INC 0.0%

Value ($000) $22,800 Shares 1,485,310 Est. Cost $10.62 Unrealized +59.8%

DNN DENISON MINES CORP 0.0%

Value ($000) $22,085 Shares 8,024,816 Est. Cost $1.63 Unrealized +66.5%

ASPI ASP ISOTOPES INC 0.0%

Value ($000) $19,659 Shares 2,043,567 Est. Cost $4.99 Unrealized +59.4%

NXE NEXGEN ENERGY LTD 0.0%

Value ($000) $19,306 Shares 2,157,119 Est. Cost $5.85 Unrealized +51.0%

FLY FIREFLY AEROSPACE INC 0.0%

Value ($000) $8,278 Shares 282,338 Est. Cost $44.96 Unrealized -48.5%

CPNG COUPANG INC 0.0%

Value ($000) $6,624 Shares 205,724 Est. Cost $27.41 Unrealized +3.8%

KLAR KLARNA GROUP PLC 0.0%

Value ($000) $3,793 Shares 103,490 Est. Cost $42.59 Unrealized -19.4%

VOYG VOYAGER TECHNOLOGIES INC 0.0%

Value ($000) $1,831 Shares 61,500 Est. Cost $47.68 Unrealized -43.1%

PFGC PERFORMANCE FOOD GROUP CO 0.0%

Value ($000) $535 Shares 5,144 Est. Cost $77.07 Unrealized +25.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVT	NVENT ELECTRIC PLC	3,847,016	$379,470	0.1%	$72.71	+42.5%	—	G6700G107
CMG	CHIPOTLE MEXICAN GRILL INC	9,647,801	$378,099	0.1%	$54.25	-33.3%	—	169656105
—	ALBEMARLE CORP	4,620,404	$175,021	0.0%	$52.97	—	—	012653200
BRBR	BELLRING BRANDS INC	4,740,349	$172,312	0.0%	$45.18	-31.3%	—	07831C103
LNWO	LIGHT & WONDER INC	1,986,835	$166,775	0.0%	$70.86	+24.4%	—	80874P109
DXCM	DEXCOM INC	2,367,676	$159,321	0.0%	$94.24	-31.4%	—	252131107
AL	AIR LEASE CORP	1,625,000	$103,431	0.0%	$45.13	+41.1%	—	00912X302
GENI	GENIUS SPORTS LIMITED	7,869,105	$97,420	0.0%	$7.31	+49.1%	—	G3934V109
GSK	GSK PLC	1,794,427	$77,447	0.0%	$29.43	—	—	37733W204
—	REV GROUP INC	1,294,033	$73,333	0.0%	$29.63	—	—	749527107
ESTC	ELASTIC N V	833,950	$70,460	0.0%	$105.02	-22.3%	—	N14506104
FND	FLOOR & DECOR HLDGS INC	850,023	$62,647	0.0%	$102.17	-36.6%	—	339750101
NCNO	NCINO INC	2,229,082	$60,430	0.0%	$33.01	-23.1%	—	63947X101
MKSI	MKS INC.	387,153	$47,918	0.0%	$90.66	+63.5%	—	55306N104
LION	LIONSGATE STUDIOS CORP	6,290,244	$43,403	0.0%	$6.69	+6.3%	—	53626N102
FIG	FIGMA INC	806,640	$41,840	0.0%	$68.66	-34.2%	—	316841105
TREX	TREX CO INC	705,297	$36,443	0.0%	$50.16	-19.4%	—	89531P105
CFLT	CONFLUENT INC	1,475,965	$29,224	0.0%	$33.67	-27.1%	—	20717M103
ICLR	ICON PLC	164,563	$28,799	0.0%	$206.78	-13.9%	—	G4705A100
—	BOEING CO	406,339	$28,269	0.0%	$60.89	—	—	097023204
VCEL	VERICEL CORP	853,668	$26,865	0.0%	$50.96	-27.9%	—	92346J108
FCN	FTI CONSULTING INC	147,614	$23,862	0.0%	$166.08	-0.7%	—	302941109
UUUU	ENERGY FUELS INC	1,485,310	$22,800	0.0%	$10.62	+59.8%	—	292671708
DNN	DENISON MINES CORP	8,024,816	$22,085	0.0%	$1.63	+66.5%	—	248356107
ASPI	ASP ISOTOPES INC	2,043,567	$19,659	0.0%	$4.99	+59.4%	—	00218A105
NXE	NEXGEN ENERGY LTD	2,157,119	$19,306	0.0%	$5.85	+51.0%	—	65340P106
FLY	FIREFLY AEROSPACE INC	282,338	$8,278	0.0%	$44.96	-48.5%	—	31816X106
CPNG	COUPANG INC	205,724	$6,624	0.0%	$27.41	+3.8%	—	22266T109
KLAR	KLARNA GROUP PLC	103,490	$3,793	0.0%	$42.59	-19.4%	—	G5279N105
VOYG	VOYAGER TECHNOLOGIES INC	61,500	$1,831	0.0%	$47.68	-43.1%	—	92892B103
PFGC	PERFORMANCE FOOD GROUP CO	5,144	$535	0.0%	$77.07	+25.3%	—	71377A103

Decreased Positions (133)

LLY ELI LILLY & CO 4.9%

Value ($000) $26,401,596 (+37.9%) Shares 24,566,846 (-2.1%) Est. Cost $650.34 Unrealized +46.9%

META META PLATFORMS INC 2.2%

Value ($000) $11,798,347 (-32.4%) Shares 17,873,714 (-24.7%) Est. Cost $272.44 Unrealized +144.9%

UNH UNITEDHEALTH GROUP INC 0.4%

Value ($000) $2,067,085 (-54.1%) Shares 6,261,798 (-52.0%) Est. Cost $296.52 Unrealized +13.7%

BA BOEING CO 0.2%

Value ($000) $945,539 (-71.6%) Shares 4,354,889 (-71.8%) Est. Cost $175.54 Unrealized +17.2%

HD HOME DEPOT INC 0.6%

Value ($000) $3,500,301 (-24.2%) Shares 10,172,313 (-10.8%) Est. Cost $188.38 Unrealized +93.5%

SHOP SHOPIFY INC 0.1%

Value ($000) $308,740 (-78.2%) Shares 1,917,942 (-79.8%) Est. Cost $44.45 Unrealized +261.2%

URI UNITED RENTALS INC 0.3%

Value ($000) $1,730,246 (-38.7%) Shares 2,137,843 (-27.7%) Est. Cost $448.33 Unrealized +93.4%

AVGO BROADCOM INC 5.5%

Value ($000) $29,890,006 (+3.3%) Shares 86,361,719 (-1.5%) Est. Cost $143.62 Unrealized +148.6%

VICI VICI PPTYS INC 0.1%

Value ($000) $755,092 (-54.9%) Shares 26,852,486 (-47.7%) Est. Cost $24.66 Unrealized +18.8%

LVS LAS VEGAS SANDS CORP 0.2%

Value ($000) $1,056,597 (-42.3%) Shares 16,232,863 (-52.3%) Est. Cost $41.26 Unrealized +48.3%

ALNY ALNYLAM PHARMACEUTICALS INC 0.5%

Value ($000) $2,695,946 (-18.1%) Shares 6,779,708 (-6.1%) Est. Cost $234.36 Unrealized +88.8%

TXN TEXAS INSTRS INC 0.4%

Value ($000) $2,055,486 (-22.5%) Shares 11,847,795 (-18.0%) Est. Cost $156.87 Unrealized +8.8%

ANET ARISTA NETWORKS INC 0.4%

Value ($000) $2,004,762 (-22.4%) Shares 15,299,794 (-13.7%) Est. Cost $91.37 Unrealized +50.7%

MU MICRON TECHNOLOGY INC 0.4%

Value ($000) $2,169,097 (+34.2%) Shares 7,599,621 (-21.3%) Est. Cost $87.05 Unrealized +163.5%

PCG PG&E CORP 0.1%

Value ($000) $523,117 (-49.7%) Shares 32,552,391 (-52.8%) Est. Cost $15.64 Unrealized +1.8%

TRP TC ENERGY CORP 0.3%

Value ($000) $1,771,495 (-22.4%) Shares 32,172,117 (-23.4%) Est. Cost $34.26 Unrealized +55.7%

MRSH MARSH & MCLENNAN COS INC 0.3%

Value ($000) $1,481,896 (-25.4%) Shares 7,987,794 (-19.0%) Est. Cost $203.81 Unrealized -8.5%

FLUT FLUTTER ENTMT PLC 0.2%

Value ($000) $1,161,096 (-28.7%) Shares 5,399,277 (-15.7%) Est. Cost $203.00 Unrealized +10.8%

GD GENERAL DYNAMICS CORP 0.4%

Value ($000) $1,916,994 (-18.1%) Shares 5,694,127 (-17.0%) Est. Cost $148.35 Unrealized +129.8%

CAT CATERPILLAR INC 0.3%

Value ($000) $1,629,948 (-20.5%) Shares 2,845,207 (-33.8%) Est. Cost $269.10 Unrealized +106.4%

CI THE CIGNA GROUP 0.1%

Value ($000) $532,197 (-41.9%) Shares 1,933,645 (-39.2%) Est. Cost $303.46 Unrealized -8.0%

COF CAPITAL ONE FINL CORP 0.3%

Value ($000) $1,426,914 (-20.3%) Shares 5,887,545 (-30.1%) Est. Cost $129.67 Unrealized +71.4%

SNPS SYNOPSYS INC 0.2%

Value ($000) $890,105 (-28.5%) Shares 1,894,955 (-24.9%) Est. Cost $547.40 Unrealized -18.8%

WWD WOODWARD INC 0.0%

Value ($000) $134,467 (-71.8%) Shares 444,785 (-76.5%) Est. Cost $127.57 Unrealized +115.4%

MS MORGAN STANLEY 0.5%

Value ($000) $2,739,708 (-10.5%) Shares 15,432,313 (-19.8%) Est. Cost $98.70 Unrealized +68.7%

GE GE AEROSPACE 1.4%

Value ($000) $7,617,725 (-3.9%) Shares 24,730,296 (-6.2%) Est. Cost $58.04 Unrealized +418.2%

T AT&T INC 0.3%

Value ($000) $1,542,767 (-16.7%) Shares 62,108,173 (-5.3%) Est. Cost $25.64 Unrealized -1.4%

SBUX STARBUCKS CORP 1.3%

Value ($000) $6,920,566 (-4.3%) Shares 82,181,929 (-3.8%) Est. Cost $91.32 Unrealized -7.9%

COST COSTCO WHSL CORP NEW 0.1%

Value ($000) $496,461 (-38.3%) Shares 575,713 (-33.8%) Est. Cost $589.58 Unrealized +53.6%

TSLA TESLA INC 0.7%

Value ($000) $3,690,723 (-7.6%) Shares 8,206,635 (-8.6%) Est. Cost $229.54 Unrealized +93.1%

XPO XPO INC 0.3%

Value ($000) $1,516,434 (-16.3%) Shares 11,157,329 (-20.4%) Est. Cost $85.81 Unrealized +58.8%

PYPL PAYPAL HLDGS INC 0.3%

Value ($000) $1,583,955 (-15.5%) Shares 27,131,594 (-2.9%) Est. Cost $75.63 Unrealized -14.3%

VZ VERIZON COMMUNICATIONS INC 0.1%

Value ($000) $485,149 (-35.7%) Shares 11,911,354 (-30.7%) Est. Cost $35.36 Unrealized +14.5%

CPRT COPART INC 0.0%

Value ($000) $155,552 (-63.0%) Shares 3,972,849 (-57.5%) Est. Cost $36.62 Unrealized +13.2%

AMT AMERICAN TOWER CORP NEW 0.1%

Value ($000) $688,689 (-27.3%) Shares 3,922,588 (-20.3%) Est. Cost $184.99 Unrealized -2.5%

EOG EOG RES INC 0.5%

Value ($000) $2,564,178 (-8.3%) Shares 24,418,380 (-2.0%) Est. Cost $85.89 Unrealized +24.8%

PNW PINNACLE WEST CAP CORP 0.2%

Value ($000) $1,194,509 (-16.0%) Shares 13,466,845 (-15.1%) Est. Cost $73.21 Unrealized +21.9%

GILD GILEAD SCIENCES INC 0.6%

Value ($000) $3,106,194 (-6.8%) Shares 25,307,071 (-15.7%) Est. Cost $56.91 Unrealized +112.4%

SYK STRYKER CORPORATION 0.4%

Value ($000) $2,097,071 (-9.6%) Shares 5,966,567 (-4.9%) Est. Cost $153.46 Unrealized +136.8%

PG PROCTER AND GAMBLE CO 0.2%

Value ($000) $1,298,860 (-14.4%) Shares 9,063,288 (-8.2%) Est. Cost $130.45 Unrealized +12.8%

STX SEAGATE TECHNOLOGY HLDNGS PL 0.2%

Value ($000) $1,242,557 (-15.0%) Shares 4,511,989 (-27.1%) Est. Cost $75.80 Unrealized +241.6%

NU NU HLDGS LTD 0.5%

Value ($000) $2,747,059 (-7.1%) Shares 164,099,198 (-11.1%) Est. Cost $8.82 Unrealized +82.2%

JPM JPMORGAN CHASE & CO. 1.3%

Value ($000) $7,066,396 (-2.7%) Shares 21,930,307 (-4.7%) Est. Cost $146.44 Unrealized +111.4%

MASI MASIMO CORP 0.0%

Value ($000) $82,964 (-69.7%) Shares 637,894 (-65.6%) Est. Cost $145.05 Unrealized -1.3%

AMGN AMGEN INC 0.3%

Value ($000) $1,521,390 (+13.9%) Shares 4,648,155 (-1.8%) Est. Cost $136.73 Unrealized +131.1%

CZR CAESARS ENTERTAINMENT INC NE 0.0%

Value ($000) $231,917 (-44.0%) Shares 9,915,236 (-35.3%) Est. Cost $55.92 Unrealized -59.8%

RHI ROBERT HALF INC. 0.0%

Value ($000) $32,818 (-83.8%) Shares 1,208,310 (-79.8%) Est. Cost $56.93 Unrealized -49.9%

TMO THERMO FISHER SCIENTIFIC INC 0.3%

Value ($000) $1,689,072 (+10.1%) Shares 2,914,901 (-7.8%) Est. Cost $250.92 Unrealized +125.2%

PODD INSULET CORP 0.2%

Value ($000) $1,253,224 (-10.8%) Shares 4,408,972 (-3.1%) Est. Cost $166.60 Unrealized +87.7%

DASH DOORDASH INC 0.1%

Value ($000) $633,348 (-18.9%) Shares 2,796,371 (-2.6%) Est. Cost $98.33 Unrealized +138.5%

HTHT H WORLD GROUP LTD 0.0%

Value ($000) $70,693 (-67.5%) Shares 1,502,500 (-73.0%) Est. Cost $33.10 Unrealized —

ALGM ALLEGRO MICROSYSTEMS INC 0.1%

Value ($000) $345,876 (-29.6%) Shares 13,111,292 (-22.1%) Est. Cost $25.33 Unrealized +8.7%

ENTG ENTEGRIS INC 0.1%

Value ($000) $503,815 (-21.9%) Shares 5,979,634 (-14.3%) Est. Cost $84.89 Unrealized +2.2%

FCX FREEPORT-MCMORAN INC 0.3%

Value ($000) $1,786,640 (+8.4%) Shares 35,176,617 (-16.3%) Est. Cost $27.47 Unrealized +57.7%

VIK VIKING HOLDINGS LTD 0.3%

Value ($000) $1,737,097 (-7.2%) Shares 24,325,211 (-19.2%) Est. Cost $41.18 Unrealized +55.0%

ALC ALCON AG 0.0%

Value ($000) $22,104 (-85.3%) Shares 278,268 (-86.2%) Est. Cost $86.72 Unrealized -11.2%

SHW SHERWIN WILLIAMS CO 0.2%

Value ($000) $1,061,954 (-10.7%) Shares 3,277,302 (-4.5%) Est. Cost $291.24 Unrealized +14.7%

CB CHUBB LIMITED 0.3%

Value ($000) $1,774,983 (+7.3%) Shares 5,686,845 (-3.0%) Est. Cost $222.87 Unrealized +31.2%

CVX CHEVRON CORP NEW 0.1%

Value ($000) $446,375 (-19.8%) Shares 2,928,778 (-18.3%) Est. Cost $70.60 Unrealized +114.4%

LITE LUMENTUM HLDGS INC 0.1%

Value ($000) $373,920 (+41.6%) Shares 1,014,460 (-37.5%) Est. Cost $74.82 Unrealized +243.3%

MCHP MICROCHIP TECHNOLOGY INC. 0.0%

Value ($000) $23,303 (-80.8%) Shares 365,704 (-80.6%) Est. Cost $53.89 Unrealized +13.9%

ENSG ENSIGN GROUP INC 0.0%

Value ($000) $251,287 (-27.9%) Shares 1,442,518 (-28.5%) Est. Cost $97.49 Unrealized +84.2%

CRDO CREDO TECHNOLOGY GROUP HOLDI 0.0%

Value ($000) $234,687 (-27.0%) Shares 1,631,019 (-26.2%) Est. Cost $28.84 Unrealized +433.2%

AMZN AMAZON COM INC 3.8%

Value ($000) $20,782,262 (+0.4%) Shares 90,036,034 (-4.5%) Est. Cost $137.52 Unrealized +66.4%

WFRD WEATHERFORD INTL PLC 0.1%

Value ($000) $318,260 (-18.0%) Shares 4,066,700 (-28.3%) Est. Cost $62.71 Unrealized +15.8%

PEP PEPSICO INC 0.1%

Value ($000) $779,647 (-8.2%) Shares 5,432,304 (-10.2%) Est. Cost $114.77 Unrealized +27.1%

KO COCA COLA CO 0.2%

Value ($000) $1,115,352 (-5.9%) Shares 15,954,116 (-10.7%) Est. Cost $59.12 Unrealized +17.4%

PEG PUBLIC SVC ENTERPRISE GRP IN 0.1%

Value ($000) $612,251 (-9.8%) Shares 7,624,545 (-6.3%) Est. Cost $63.50 Unrealized +27.7%

STZ CONSTELLATION BRANDS INC 0.0%

Value ($000) $569 (-99.1%) Shares 4,121 (-99.2%) Est. Cost $227.38 Unrealized -39.8%

LHX L3HARRIS TECHNOLOGIES INC 0.1%

Value ($000) $440,231 (-13.0%) Shares 1,499,577 (-9.5%) Est. Cost $214.35 Unrealized +34.6%

NSIT INSIGHT ENTERPRISES INC 0.0%

Value ($000) $22,824 (-71.2%) Shares 280,152 (-60.0%) Est. Cost $166.05 Unrealized -43.5%

BOOT BOOT BARN HLDGS INC 0.0%

Value ($000) $27,909 (-66.3%) Shares 158,150 (-68.4%) Est. Cost $121.85 Unrealized +53.1%

BWIN THE BALDWIN INSURANCE GRP IN 0.0%

Value ($000) $72,500 (-43.1%) Shares 3,017,071 (-33.2%) Est. Cost $43.62 Unrealized -41.6%

AMD ADVANCED MICRO DEVICES INC 0.1%

Value ($000) $376,516 (+17.0%) Shares 1,758,105 (-11.6%) Est. Cost $133.74 Unrealized +67.9%

ESNT ESSENT GROUP LTD 0.0%

Value ($000) $23,623 (-69.7%) Shares 363,372 (-70.4%) Est. Cost $56.14 Unrealized +10.6%

GBCI GLACIER BANCORP INC NEW 0.0%

Value ($000) $245,856 (-17.5%) Shares 5,581,288 (-8.9%) Est. Cost $41.81 Unrealized +4.2%

PANW PALO ALTO NETWORKS INC 0.1%

Value ($000) $367,784 (-12.4%) Shares 1,996,535 (-3.2%) Est. Cost $142.80 Unrealized +41.3%

APG API GROUP CORP 0.0%

Value ($000) $173,355 (-22.4%) Shares 4,530,975 (-30.3%) Est. Cost $25.67 Unrealized +44.0%

FN FABRINET 0.1%

Value ($000) $323,843 (-11.9%) Shares 711,306 (-29.5%) Est. Cost $225.29 Unrealized +93.1%

WOLF WOLFSPEED INC 0.0%

Value ($000) $40,019 (-49.6%) Shares 2,298,639 (-17.2%) Est. Cost $25.35 Unrealized -9.5%

ECL ECOLAB INC 0.1%

Value ($000) $348,945 (-10.0%) Shares 1,329,156 (-6.1%) Est. Cost $242.11 Unrealized +9.7%

EXR EXTRA SPACE STORAGE INC 0.0%

Value ($000) $6,855 (-84.9%) Shares 52,642 (-83.7%) Est. Cost $132.09 Unrealized +2.2%

WMT WALMART INC 0.0%

Value ($000) $156,454 (-19.7%) Shares 1,404,306 (-25.7%) Est. Cost $85.80 Unrealized +24.9%

MTSI MACOM TECH SOLUTIONS HLDGS I 0.0%

Value ($000) $228,952 (+20.0%) Shares 1,336,714 (-12.8%) Est. Cost $55.08 Unrealized +188.2%

PEGA PEGASYSTEMS INC 0.0%

Value ($000) $107,268 (-25.9%) Shares 1,796,189 (-28.7%) Est. Cost $40.13 Unrealized +46.0%

ISRG INTUITIVE SURGICAL INC 0.1%

Value ($000) $659,094 (-5.1%) Shares 1,163,737 (-25.0%) Est. Cost $426.38 Unrealized +24.9%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $593,907 (+6.2%) Shares 2,869,810 (-4.8%) Est. Cost $142.12 Unrealized +38.6%

JHG JANUS HENDERSON GROUP PLC 0.0%

Value ($000) $131,837 (-20.9%) Shares 2,771,437 (-26.0%) Est. Cost $25.59 Unrealized +72.9%

TLN TALEN ENERGY CORP 0.0%

Value ($000) $125,713 (-20.4%) Shares 335,377 (-9.7%) Est. Cost $138.87 Unrealized +179.9%

IDXX IDEXX LABS INC 0.1%

Value ($000) $411,164 (-6.8%) Shares 607,754 (-12.0%) Est. Cost $473.04 Unrealized +44.0%

MRK MERCK & CO INC 0.0%

Value ($000) $222,324 (+14.6%) Shares 2,112,142 (-8.6%) Est. Cost $71.55 Unrealized +30.3%

GS GOLDMAN SACHS GROUP INC 0.0%

Value ($000) $153,172 (-14.9%) Shares 174,257 (-22.9%) Est. Cost $576.09 Unrealized +41.2%

FCNCA FIRST CTZNS BANCSHARES INC D 0.0%

Value ($000) $240,681 (+12.4%) Shares 112,144 (-6.3%) Est. Cost $1772.10 Unrealized +6.3%

KNF KNIFE RIVER CORP 0.0%

Value ($000) $117,120 (-18.2%) Shares 1,664,817 (-10.6%) Est. Cost $84.62 Unrealized -17.0%

IQV IQVIA HLDGS INC 0.0%

Value ($000) $196,718 (+15.0%) Shares 872,634 (-3.2%) Est. Cost $173.14 Unrealized +25.7%

LOPE GRAND CANYON ED INC 0.0%

Value ($000) $70,955 (-25.9%) Shares 426,644 (-2.2%) Est. Cost $172.57 Unrealized +4.8%

LINE LINEAGE INC 0.0%

Value ($000) $97,662 (-19.8%) Shares 2,790,338 (-11.5%) Est. Cost $59.17 Unrealized —

HLT HILTON WORLDWIDE HLDGS INC 0.1%

Value ($000) $660,372 (+3.8%) Shares 2,298,858 (-6.3%) Est. Cost $103.43 Unrealized +163.2%

GIS GENERAL MLS INC 0.0%

Value ($000) $127,151 (-15.5%) Shares 2,734,427 (-8.4%) Est. Cost $52.81 Unrealized -10.1%

ULS UL SOLUTIONS INC 0.1%

Value ($000) $302,380 (+8.2%) Shares 3,834,395 (-2.8%) Est. Cost $52.26 Unrealized +53.6%

LSCC LATTICE SEMICONDUCTOR CORP 0.1%

Value ($000) $314,290 (-6.8%) Shares 4,271,407 (-7.1%) Est. Cost $60.30 Unrealized —

AZN ASTRAZENECA PLC 0.0%

Value ($000) $38,203 (-36.6%) Shares 415,561 (-47.1%) Est. Cost $68.99 Unrealized —

PAR PAR TECHNOLOGY CORP 0.0%

Value ($000) $107,471 (-16.1%) Shares 2,962,253 (-8.5%) Est. Cost $47.60 Unrealized -24.2%

REGN REGENERON PHARMACEUTICALS 0.0%

Value ($000) $79,762 (+34.2%) Shares 103,336 (-2.3%) Est. Cost $656.04 Unrealized +3.5%

EMN EASTMAN CHEM CO 0.0%

Value ($000) $246,111 (-7.2%) Shares 3,855,729 (-8.3%) Est. Cost $84.09 Unrealized -27.5%

BYRN BYRNA TECHNOLOGIES INC 0.0%

Value ($000) $23,606 (-44.1%) Shares 1,405,931 (-26.3%) Est. Cost $20.46 Unrealized -4.9%

FIX COMFORT SYS USA INC 0.0%

Value ($000) $108,809 (-13.6%) Shares 116,587 (-23.6%) Est. Cost $141.15 Unrealized +553.9%

SSB SOUTHSTATE BK CORP 0.0%

Value ($000) $148,365 (-10.2%) Shares 1,576,502 (-5.7%) Est. Cost $96.71 Unrealized -5.0%

UDR UDR INC 0.1%

Value ($000) $522,970 (-3.1%) Shares 14,257,639 (-1.6%) Est. Cost $39.23 Unrealized -9.4%

FSLR FIRST SOLAR INC 0.0%

Value ($000) $182,720 (+9.7%) Shares 699,462 (-7.4%) Est. Cost $160.56 Unrealized +57.1%

ETR ENTERGY CORP NEW 0.1%

Value ($000) $507,395 (-3.0%) Shares 5,489,510 (-2.2%) Est. Cost $56.19 Unrealized +68.2%

CHYM CHIME FINL INC 0.0%

Value ($000) $153,612 (+10.7%) Shares 6,102,983 (-11.3%) Est. Cost $30.80 Unrealized -31.0%

UMH UMH PPTYS INC 0.0%

Value ($000) $41,485 (-23.9%) Shares 2,607,487 (-29.0%) Est. Cost $18.94 Unrealized —

FDX FEDEX CORP 0.0%

Value ($000) $29,316 (-30.6%) Shares 101,489 (-43.3%) Est. Cost $271.21 Unrealized -3.6%

STRZ STARZ ENTERTAINMENT CORP. 0.0%

Value ($000) $10,179 (-53.6%) Shares 870,042 (-41.6%) Est. Cost $15.84 Unrealized -27.6%

NEM NEWMONT CORP 0.1%

Value ($000) $360,803 (+3.2%) Shares 3,613,450 (-12.9%) Est. Cost $41.85 Unrealized +115.5%

CNMD CONMED CORP 0.0%

Value ($000) $37,573 (-22.6%) Shares 925,448 (-10.4%) Est. Cost $87.61 Unrealized -50.3%

ACN ACCENTURE PLC IRELAND 0.3%

Value ($000) $1,409,840 (+0.7%) Shares 5,254,707 (-7.4%) Est. Cost $212.23 Unrealized +19.7%

CEG CONSTELLATION ENERGY CORP 0.1%

Value ($000) $663,160 (-1.4%) Shares 1,877,202 (-8.1%) Est. Cost $107.30 Unrealized +238.5%

DNLI DENALI THERAPEUTICS INC 0.0%

Value ($000) $61,570 (-10.9%) Shares 3,729,244 (-21.7%) Est. Cost $23.31 Unrealized -27.6%

PNC PNC FINL SVCS GROUP INC 0.1%

Value ($000) $548,898 (-1.3%) Shares 2,629,597 (-5.0%) Est. Cost $148.50 Unrealized +29.8%

DOW DOW INC 0.0%

Value ($000) $261,651 (-2.6%) Shares 11,191,231 (-4.5%) Est. Cost $33.28 Unrealized -31.6%

SHOO MADDEN STEVEN LTD 0.0%

Value ($000) $84,341 (-7.4%) Shares 2,025,479 (-25.5%) Est. Cost $28.95 Unrealized +32.7%

IDYA IDEAYA BIOSCIENCES INC 0.0%

Value ($000) $182,518 (+2.4%) Shares 5,279,675 (-19.4%) Est. Cost $22.72 Unrealized +40.3%

SMTC SEMTECH CORP 0.1%

Value ($000) $331,805 (-1.0%) Shares 4,502,720 (-4.0%) Est. Cost $35.67 Unrealized +98.9%

JOE ST JOE CO 0.0%

Value ($000) $48,903 (+6.2%) Shares 823,697 (-11.5%) Est. Cost $46.18 Unrealized +21.3%

SAP SAP SE 0.0%

Value ($000) $5,077 (-17.1%) Shares 20,756 (-10.6%) Est. Cost $202.98 Unrealized —

AIG AMERICAN INTL GROUP INC 0.4%

Value ($000) $2,242,136 (+0.0%) Shares 26,208,447 (-8.2%) Est. Cost $59.25 Unrealized +34.5%

ASML ASML HOLDING N V 0.0%

Value ($000) $4,135 (-19.2%) Shares 3,857 (-27.4%) Est. Cost $450.94 Unrealized —

BBVA BANCO BILBAO VIZCAYA ARGENTA 0.0%

Value ($000) $5,225 (+19.7%) Shares 222,810 (-2.8%) Est. Cost $11.28 Unrealized —

CDRE CADRE HLDGS INC 0.0%

Value ($000) $34,448 (+1.4%) Shares 843,483 (-9.3%) Est. Cost $34.07 Unrealized +21.7%

NVO NOVO-NORDISK A S 0.0%

Value ($000) $2,373 (-13.2%) Shares 46,323 (-5.9%) Est. Cost $107.43 Unrealized —

ASTS AST SPACEMOBILE INC 0.0%

Value ($000) $14,845 (-1.5%) Shares 204,386 (-33.5%) Est. Cost $48.19 Unrealized +48.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY & CO	24,566,846 (-2.1%)	$26,401,596 (+37.9%)	4.9%	$650.34	+46.9%	COM	532457108
META	META PLATFORMS INC	17,873,714 (-24.7%)	$11,798,347 (-32.4%)	2.2%	$272.44	+144.9%	CL A	30303M102
UNH	UNITEDHEALTH GROUP INC	6,261,798 (-52.0%)	$2,067,085 (-54.1%)	0.4%	$296.52	+13.7%	COM	91324P102
BA	BOEING CO	4,354,889 (-71.8%)	$945,539 (-71.6%)	0.2%	$175.54	+17.2%	COM	097023105
HD	HOME DEPOT INC	10,172,313 (-10.8%)	$3,500,301 (-24.2%)	0.6%	$188.38	+93.5%	COM	437076102
SHOP	SHOPIFY INC	1,917,942 (-79.8%)	$308,740 (-78.2%)	0.1%	$44.45	+261.2%	CL A SUB VTG SHS	82509L107
URI	UNITED RENTALS INC	2,137,843 (-27.7%)	$1,730,246 (-38.7%)	0.3%	$448.33	+93.4%	COM	911363109
AVGO	BROADCOM INC	86,361,719 (-1.5%)	$29,890,006 (+3.3%)	5.5%	$143.62	+148.6%	COM	11135F101
VICI	VICI PPTYS INC	26,852,486 (-47.7%)	$755,092 (-54.9%)	0.1%	$24.66	+18.8%	COM	925652109
LVS	LAS VEGAS SANDS CORP	16,232,863 (-52.3%)	$1,056,597 (-42.3%)	0.2%	$41.26	+48.3%	COM	517834107
ALNY	ALNYLAM PHARMACEUTICALS INC	6,779,708 (-6.1%)	$2,695,946 (-18.1%)	0.5%	$234.36	+88.8%	COM	02043Q107
TXN	TEXAS INSTRS INC	11,847,795 (-18.0%)	$2,055,486 (-22.5%)	0.4%	$156.87	+8.8%	COM	882508104
ANET	ARISTA NETWORKS INC	15,299,794 (-13.7%)	$2,004,762 (-22.4%)	0.4%	$91.37	+50.7%	COM SHS	040413205
MU	MICRON TECHNOLOGY INC	7,599,621 (-21.3%)	$2,169,097 (+34.2%)	0.4%	$87.05	+163.5%	COM	595112103
PCG	PG&E CORP	32,552,391 (-52.8%)	$523,117 (-49.7%)	0.1%	$15.64	+1.8%	COM	69331C108
TRP	TC ENERGY CORP	32,172,117 (-23.4%)	$1,771,495 (-22.4%)	0.3%	$34.26	+55.7%	COM	87807B107
MRSH	MARSH & MCLENNAN COS INC	7,987,794 (-19.0%)	$1,481,896 (-25.4%)	0.3%	$203.81	-8.5%	COM	571748102
FLUT	FLUTTER ENTMT PLC	5,399,277 (-15.7%)	$1,161,096 (-28.7%)	0.2%	$203.00	+10.8%	SHS	G3643J108
GD	GENERAL DYNAMICS CORP	5,694,127 (-17.0%)	$1,916,994 (-18.1%)	0.4%	$148.35	+129.8%	COM	369550108
CAT	CATERPILLAR INC	2,845,207 (-33.8%)	$1,629,948 (-20.5%)	0.3%	$269.10	+106.4%	COM	149123101
CI	THE CIGNA GROUP	1,933,645 (-39.2%)	$532,197 (-41.9%)	0.1%	$303.46	-8.0%	COM	125523100
COF	CAPITAL ONE FINL CORP	5,887,545 (-30.1%)	$1,426,914 (-20.3%)	0.3%	$129.67	+71.4%	COM	14040H105
SNPS	SYNOPSYS INC	1,894,955 (-24.9%)	$890,105 (-28.5%)	0.2%	$547.40	-18.8%	COM	871607107
WWD	WOODWARD INC	444,785 (-76.5%)	$134,467 (-71.8%)	0.0%	$127.57	+115.4%	COM	980745103
MS	MORGAN STANLEY	15,432,313 (-19.8%)	$2,739,708 (-10.5%)	0.5%	$98.70	+68.7%	COM NEW	617446448
GE	GE AEROSPACE	24,730,296 (-6.2%)	$7,617,725 (-3.9%)	1.4%	$58.04	+418.2%	COM NEW	369604301
T	AT&T INC	62,108,173 (-5.3%)	$1,542,767 (-16.7%)	0.3%	$25.64	-1.4%	COM	00206R102
SBUX	STARBUCKS CORP	82,181,929 (-3.8%)	$6,920,566 (-4.3%)	1.3%	$91.32	-7.9%	COM	855244109
COST	COSTCO WHSL CORP NEW	575,713 (-33.8%)	$496,461 (-38.3%)	0.1%	$589.58	+53.6%	COM	22160K105
TSLA	TESLA INC	8,206,635 (-8.6%)	$3,690,723 (-7.6%)	0.7%	$229.54	+93.1%	COM	88160R101
XPO	XPO INC	11,157,329 (-20.4%)	$1,516,434 (-16.3%)	0.3%	$85.81	+58.8%	COM	983793100
PYPL	PAYPAL HLDGS INC	27,131,594 (-2.9%)	$1,583,955 (-15.5%)	0.3%	$75.63	-14.3%	COM	70450Y103
VZ	VERIZON COMMUNICATIONS INC	11,911,354 (-30.7%)	$485,149 (-35.7%)	0.1%	$35.36	+14.5%	COM	92343V104
CPRT	COPART INC	3,972,849 (-57.5%)	$155,552 (-63.0%)	0.0%	$36.62	+13.2%	COM	217204106
AMT	AMERICAN TOWER CORP NEW	3,922,588 (-20.3%)	$688,689 (-27.3%)	0.1%	$184.99	-2.5%	COM	03027X100
EOG	EOG RES INC	24,418,380 (-2.0%)	$2,564,178 (-8.3%)	0.5%	$85.89	+24.8%	COM	26875P101
PNW	PINNACLE WEST CAP CORP	13,466,845 (-15.1%)	$1,194,509 (-16.0%)	0.2%	$73.21	+21.9%	COM	723484101
GILD	GILEAD SCIENCES INC	25,307,071 (-15.7%)	$3,106,194 (-6.8%)	0.6%	$56.91	+112.4%	COM	375558103
SYK	STRYKER CORPORATION	5,966,567 (-4.9%)	$2,097,071 (-9.6%)	0.4%	$153.46	+136.8%	COM	863667101
PG	PROCTER AND GAMBLE CO	9,063,288 (-8.2%)	$1,298,860 (-14.4%)	0.2%	$130.45	+12.8%	COM	742718109
STX	SEAGATE TECHNOLOGY HLDNGS PL	4,511,989 (-27.1%)	$1,242,557 (-15.0%)	0.2%	$75.80	+241.6%	ORD SHS	G7997R103
NU	NU HLDGS LTD	164,099,198 (-11.1%)	$2,747,059 (-7.1%)	0.5%	$8.82	+82.2%	ORD SHS CL A	G6683N103
JPM	JPMORGAN CHASE & CO.	21,930,307 (-4.7%)	$7,066,396 (-2.7%)	1.3%	$146.44	+111.4%	COM	46625H100
MASI	MASIMO CORP	637,894 (-65.6%)	$82,964 (-69.7%)	0.0%	$145.05	-1.3%	COM	574795100
AMGN	AMGEN INC	4,648,155 (-1.8%)	$1,521,390 (+13.9%)	0.3%	$136.73	+131.1%	COM	031162100
CZR	CAESARS ENTERTAINMENT INC NE	9,915,236 (-35.3%)	$231,917 (-44.0%)	0.0%	$55.92	-59.8%	COM	12769G100
RHI	ROBERT HALF INC.	1,208,310 (-79.8%)	$32,818 (-83.8%)	0.0%	$56.93	-49.9%	COM	770323103
TMO	THERMO FISHER SCIENTIFIC INC	2,914,901 (-7.8%)	$1,689,072 (+10.1%)	0.3%	$250.92	+125.2%	COM	883556102
PODD	INSULET CORP	4,408,972 (-3.1%)	$1,253,224 (-10.8%)	0.2%	$166.60	+87.7%	COM	45784P101
DASH	DOORDASH INC	2,796,371 (-2.6%)	$633,348 (-18.9%)	0.1%	$98.33	+138.5%	CL A	25809K105
HTHT	H WORLD GROUP LTD	1,502,500 (-73.0%)	$70,693 (-67.5%)	0.0%	$33.10	—	SPONSORED ADS	44332N106
ALGM	ALLEGRO MICROSYSTEMS INC	13,111,292 (-22.1%)	$345,876 (-29.6%)	0.1%	$25.33	+8.7%	COM	01749D105
ENTG	ENTEGRIS INC	5,979,634 (-14.3%)	$503,815 (-21.9%)	0.1%	$84.89	+2.2%	COM	29362U104
FCX	FREEPORT-MCMORAN INC	35,176,617 (-16.3%)	$1,786,640 (+8.4%)	0.3%	$27.47	+57.7%	CL B	35671D857
VIK	VIKING HOLDINGS LTD	24,325,211 (-19.2%)	$1,737,097 (-7.2%)	0.3%	$41.18	+55.0%	ORD SHS	G93A5A101
ALC	ALCON AG	278,268 (-86.2%)	$22,104 (-85.3%)	0.0%	$86.72	-11.2%	ORD SHS	H01301128
SHW	SHERWIN WILLIAMS CO	3,277,302 (-4.5%)	$1,061,954 (-10.7%)	0.2%	$291.24	+14.7%	COM	824348106
CB	CHUBB LIMITED	5,686,845 (-3.0%)	$1,774,983 (+7.3%)	0.3%	$222.87	+31.2%	COM	H1467J104
CVX	CHEVRON CORP NEW	2,928,778 (-18.3%)	$446,375 (-19.8%)	0.1%	$70.60	+114.4%	COM	166764100
LITE	LUMENTUM HLDGS INC	1,014,460 (-37.5%)	$373,920 (+41.6%)	0.1%	$74.82	+243.3%	COM	55024U109
MCHP	MICROCHIP TECHNOLOGY INC.	365,704 (-80.6%)	$23,303 (-80.8%)	0.0%	$53.89	+13.9%	COM	595017104
ENSG	ENSIGN GROUP INC	1,442,518 (-28.5%)	$251,287 (-27.9%)	0.0%	$97.49	+84.2%	COM	29358P101
CRDO	CREDO TECHNOLOGY GROUP HOLDI	1,631,019 (-26.2%)	$234,687 (-27.0%)	0.0%	$28.84	+433.2%	ORDINARY SHARES	G25457105
AMZN	AMAZON COM INC	90,036,034 (-4.5%)	$20,782,262 (+0.4%)	3.8%	$137.52	+66.4%	COM	023135106
WFRD	WEATHERFORD INTL PLC	4,066,700 (-28.3%)	$318,260 (-18.0%)	0.1%	$62.71	+15.8%	ORD SHS	G48833118
PEP	PEPSICO INC	5,432,304 (-10.2%)	$779,647 (-8.2%)	0.1%	$114.77	+27.1%	COM	713448108
KO	COCA COLA CO	15,954,116 (-10.7%)	$1,115,352 (-5.9%)	0.2%	$59.12	+17.4%	COM	191216100
PEG	PUBLIC SVC ENTERPRISE GRP IN	7,624,545 (-6.3%)	$612,251 (-9.8%)	0.1%	$63.50	+27.7%	COM	744573106
STZ	CONSTELLATION BRANDS INC	4,121 (-99.2%)	$569 (-99.1%)	0.0%	$227.38	-39.8%	CL A	21036P108
LHX	L3HARRIS TECHNOLOGIES INC	1,499,577 (-9.5%)	$440,231 (-13.0%)	0.1%	$214.35	+34.6%	COM	502431109
NSIT	INSIGHT ENTERPRISES INC	280,152 (-60.0%)	$22,824 (-71.2%)	0.0%	$166.05	-43.5%	COM	45765U103
BOOT	BOOT BARN HLDGS INC	158,150 (-68.4%)	$27,909 (-66.3%)	0.0%	$121.85	+53.1%	COM	099406100
BWIN	THE BALDWIN INSURANCE GRP IN	3,017,071 (-33.2%)	$72,500 (-43.1%)	0.0%	$43.62	-41.6%	COM CL A	05589G102
AMD	ADVANCED MICRO DEVICES INC	1,758,105 (-11.6%)	$376,516 (+17.0%)	0.1%	$133.74	+67.9%	COM	007903107
ESNT	ESSENT GROUP LTD	363,372 (-70.4%)	$23,623 (-69.7%)	0.0%	$56.14	+10.6%	COM	G3198U102
GBCI	GLACIER BANCORP INC NEW	5,581,288 (-8.9%)	$245,856 (-17.5%)	0.0%	$41.81	+4.2%	COM	37637Q105
PANW	PALO ALTO NETWORKS INC	1,996,535 (-3.2%)	$367,784 (-12.4%)	0.1%	$142.80	+41.3%	COM	697435105
APG	API GROUP CORP	4,530,975 (-30.3%)	$173,355 (-22.4%)	0.0%	$25.67	+44.0%	COM STK	00187Y100
FN	FABRINET	711,306 (-29.5%)	$323,843 (-11.9%)	0.1%	$225.29	+93.1%	SHS	G3323L100
WOLF	WOLFSPEED INC	2,298,639 (-17.2%)	$40,019 (-49.6%)	0.0%	$25.35	-9.5%	COMMON STOCK	97785W106
ECL	ECOLAB INC	1,329,156 (-6.1%)	$348,945 (-10.0%)	0.1%	$242.11	+9.7%	COM	278865100
EXR	EXTRA SPACE STORAGE INC	52,642 (-83.7%)	$6,855 (-84.9%)	0.0%	$132.09	+2.2%	COM	30225T102
WMT	WALMART INC	1,404,306 (-25.7%)	$156,454 (-19.7%)	0.0%	$85.80	+24.9%	COM	931142103
MTSI	MACOM TECH SOLUTIONS HLDGS I	1,336,714 (-12.8%)	$228,952 (+20.0%)	0.0%	$55.08	+188.2%	COM	55405Y100
PEGA	PEGASYSTEMS INC	1,796,189 (-28.7%)	$107,268 (-25.9%)	0.0%	$40.13	+46.0%	COM	705573103
ISRG	INTUITIVE SURGICAL INC	1,163,737 (-25.0%)	$659,094 (-5.1%)	0.1%	$426.38	+24.9%	COM NEW	46120E602
JNJ	JOHNSON & JOHNSON	2,869,810 (-4.8%)	$593,907 (+6.2%)	0.1%	$142.12	+38.6%	COM	478160104
JHG	JANUS HENDERSON GROUP PLC	2,771,437 (-26.0%)	$131,837 (-20.9%)	0.0%	$25.59	+72.9%	ORD SHS	G4474Y214
TLN	TALEN ENERGY CORP	335,377 (-9.7%)	$125,713 (-20.4%)	0.0%	$138.87	+179.9%	COM	87422Q109
IDXX	IDEXX LABS INC	607,754 (-12.0%)	$411,164 (-6.8%)	0.1%	$473.04	+44.0%	COM	45168D104
MRK	MERCK & CO INC	2,112,142 (-8.6%)	$222,324 (+14.6%)	0.0%	$71.55	+30.3%	COM	58933Y105
GS	GOLDMAN SACHS GROUP INC	174,257 (-22.9%)	$153,172 (-14.9%)	0.0%	$576.09	+41.2%	COM	38141G104
FCNCA	FIRST CTZNS BANCSHARES INC D	112,144 (-6.3%)	$240,681 (+12.4%)	0.0%	$1772.10	+6.3%	CL A	31946M103
KNF	KNIFE RIVER CORP	1,664,817 (-10.6%)	$117,120 (-18.2%)	0.0%	$84.62	-17.0%	COMMON STOCK	498894104
IQV	IQVIA HLDGS INC	872,634 (-3.2%)	$196,718 (+15.0%)	0.0%	$173.14	+25.7%	COM	46266C105
LOPE	GRAND CANYON ED INC	426,644 (-2.2%)	$70,955 (-25.9%)	0.0%	$172.57	+4.8%	COM	38526M106
LINE	LINEAGE INC	2,790,338 (-11.5%)	$97,662 (-19.8%)	0.0%	$59.17	—	COM	53566V106
HLT	HILTON WORLDWIDE HLDGS INC	2,298,858 (-6.3%)	$660,372 (+3.8%)	0.1%	$103.43	+163.2%	COM	43300A203
GIS	GENERAL MLS INC	2,734,427 (-8.4%)	$127,151 (-15.5%)	0.0%	$52.81	-10.1%	COM	370334104
ULS	UL SOLUTIONS INC	3,834,395 (-2.8%)	$302,380 (+8.2%)	0.1%	$52.26	+53.6%	CLASS A COM SHS	903731107
LSCC	LATTICE SEMICONDUCTOR CORP	4,271,407 (-7.1%)	$314,290 (-6.8%)	0.1%	$60.30	—	COM	518415104
AZN	ASTRAZENECA PLC	415,561 (-47.1%)	$38,203 (-36.6%)	0.0%	$68.99	—	SPONSORED ADR	046353108
PAR	PAR TECHNOLOGY CORP	2,962,253 (-8.5%)	$107,471 (-16.1%)	0.0%	$47.60	-24.2%	COM	698884103
REGN	REGENERON PHARMACEUTICALS	103,336 (-2.3%)	$79,762 (+34.2%)	0.0%	$656.04	+3.5%	COM	75886F107
EMN	EASTMAN CHEM CO	3,855,729 (-8.3%)	$246,111 (-7.2%)	0.0%	$84.09	-27.5%	COM	277432100
BYRN	BYRNA TECHNOLOGIES INC	1,405,931 (-26.3%)	$23,606 (-44.1%)	0.0%	$20.46	-4.9%	COM NEW	12448X201
FIX	COMFORT SYS USA INC	116,587 (-23.6%)	$108,809 (-13.6%)	0.0%	$141.15	+553.9%	COM	199908104
SSB	SOUTHSTATE BK CORP	1,576,502 (-5.7%)	$148,365 (-10.2%)	0.0%	$96.71	-5.0%	COM	84472E102
UDR	UDR INC	14,257,639 (-1.6%)	$522,970 (-3.1%)	0.1%	$39.23	-9.4%	COM	902653104
FSLR	FIRST SOLAR INC	699,462 (-7.4%)	$182,720 (+9.7%)	0.0%	$160.56	+57.1%	COM	336433107
ETR	ENTERGY CORP NEW	5,489,510 (-2.2%)	$507,395 (-3.0%)	0.1%	$56.19	+68.2%	COM	29364G103
CHYM	CHIME FINL INC	6,102,983 (-11.3%)	$153,612 (+10.7%)	0.0%	$30.80	-31.0%	COM SHS CL A	16935C109
UMH	UMH PPTYS INC	2,607,487 (-29.0%)	$41,485 (-23.9%)	0.0%	$18.94	—	COM	903002103
FDX	FEDEX CORP	101,489 (-43.3%)	$29,316 (-30.6%)	0.0%	$271.21	-3.6%	COM	31428X106
STRZ	STARZ ENTERTAINMENT CORP.	870,042 (-41.6%)	$10,179 (-53.6%)	0.0%	$15.84	-27.6%	COM	855919106
NEM	NEWMONT CORP	3,613,450 (-12.9%)	$360,803 (+3.2%)	0.1%	$41.85	+115.5%	COM	651639106
CNMD	CONMED CORP	925,448 (-10.4%)	$37,573 (-22.6%)	0.0%	$87.61	-50.3%	COM	207410101
ACN	ACCENTURE PLC IRELAND	5,254,707 (-7.4%)	$1,409,840 (+0.7%)	0.3%	$212.23	+19.7%	SHS CLASS A	G1151C101
CEG	CONSTELLATION ENERGY CORP	1,877,202 (-8.1%)	$663,160 (-1.4%)	0.1%	$107.30	+238.5%	COM	21037T109
DNLI	DENALI THERAPEUTICS INC	3,729,244 (-21.7%)	$61,570 (-10.9%)	0.0%	$23.31	-27.6%	COM	24823R105
PNC	PNC FINL SVCS GROUP INC	2,629,597 (-5.0%)	$548,898 (-1.3%)	0.1%	$148.50	+29.8%	COM	693475105
DOW	DOW INC	11,191,231 (-4.5%)	$261,651 (-2.6%)	0.0%	$33.28	-31.6%	COM	260557103
SHOO	MADDEN STEVEN LTD	2,025,479 (-25.5%)	$84,341 (-7.4%)	0.0%	$28.95	+32.7%	COM	556269108
IDYA	IDEAYA BIOSCIENCES INC	5,279,675 (-19.4%)	$182,518 (+2.4%)	0.0%	$22.72	+40.3%	COM	45166A102
SMTC	SEMTECH CORP	4,502,720 (-4.0%)	$331,805 (-1.0%)	0.1%	$35.67	+98.9%	COM	816850101
JOE	ST JOE CO	823,697 (-11.5%)	$48,903 (+6.2%)	0.0%	$46.18	+21.3%	COM	790148100
SAP	SAP SE	20,756 (-10.6%)	$5,077 (-17.1%)	0.0%	$202.98	—	SPON ADR	803054204
AIG	AMERICAN INTL GROUP INC	26,208,447 (-8.2%)	$2,242,136 (+0.0%)	0.4%	$59.25	+34.5%	COM NEW	026874784
ASML	ASML HOLDING N V	3,857 (-27.4%)	$4,135 (-19.2%)	0.0%	$450.94	—	N Y REGISTRY SHS	N07059210
BBVA	BANCO BILBAO VIZCAYA ARGENTA	222,810 (-2.8%)	$5,225 (+19.7%)	0.0%	$11.28	—	SPONSORED ADR	05946K101
CDRE	CADRE HLDGS INC	843,483 (-9.3%)	$34,448 (+1.4%)	0.0%	$34.07	+21.7%	COM	12763L105
NVO	NOVO-NORDISK A S	46,323 (-5.9%)	$2,373 (-13.2%)	0.0%	$107.43	—	ADR	670100205
ASTS	AST SPACEMOBILE INC	204,386 (-33.5%)	$14,845 (-1.5%)	0.0%	$48.19	+48.1%	COM CL A	00217D100

Unchanged Positions (125)

MSFT MICROSOFT CORP 6.5%

Value ($000) $35,461,344 Shares 73,324,435 Est. Cost $92.45 Unrealized +441.5%

RTX RTX CORPORATION 2.6%

Value ($000) $13,964,155 Shares 76,140,352 Est. Cost $75.69 Unrealized +129.0%

CARR CARRIER GLOBAL CORPORATION 0.7%

Value ($000) $3,949,175 Shares 74,737,790 Est. Cost $34.97 Unrealized +58.8%

IP INTERNATIONAL PAPER CO 0.4%

Value ($000) $2,148,154 Shares 54,535,444 Est. Cost $47.85 Unrealized -14.6%

BLK BLACKROCK INC 0.8%

Value ($000) $4,108,968 Shares 3,838,937 Est. Cost $983.34 Unrealized +10.8%

MDLZ MONDELEZ INTL INC 0.3%

Value ($000) $1,589,138 Shares 29,521,307 Est. Cost $60.88 Unrealized -6.3%

XOM EXXON MOBIL CORP 0.7%

Value ($000) $4,026,396 Shares 33,458,442 Est. Cost $95.42 Unrealized +21.0%

PGR PROGRESSIVE CORP 0.5%

Value ($000) $2,537,738 Shares 11,144,028 Est. Cost $195.89 Unrealized +8.4%

AXP AMERICAN EXPRESS CO 0.3%

Value ($000) $1,652,810 Shares 4,467,637 Est. Cost $272.18 Unrealized +31.2%

SYY SYSCO CORP 0.2%

Value ($000) $1,344,655 Shares 18,247,457 Est. Cost $71.08 Unrealized +6.2%

DHI D R HORTON INC 0.1%

Value ($000) $669,330 Shares 4,647,088 Est. Cost $75.67 Unrealized +100.9%

STLD STEEL DYNAMICS INC 0.1%

Value ($000) $613,927 Shares 3,623,054 Est. Cost $91.22 Unrealized +73.6%

AUR AURORA INNOVATION INC 0.1%

Value ($000) $274,424 Shares 71,464,685 Est. Cost $4.71 Unrealized -2.9%

MO ALTRIA GROUP INC 0.1%

Value ($000) $700,458 Shares 12,148,068 Est. Cost $30.48 Unrealized +94.7%

LRCX LAM RESEARCH CORP 0.1%

Value ($000) $452,331 Shares 2,642,429 Est. Cost $75.53 Unrealized +105.7%

NVR NVR INC 0.2%

Value ($000) $973,979 Shares 133,554 Est. Cost $5229.90 Unrealized +43.0%

BKR BAKER HUGHES COMPANY 0.2%

Value ($000) $1,173,025 Shares 25,757,875 Est. Cost $26.30 Unrealized +80.0%

TD TORONTO DOMINION BK ONT 0.1%

Value ($000) $538,234 Shares 5,711,002 Est. Cost $53.91 Unrealized +56.6%

AJG GALLAGHER ARTHUR J & CO 0.1%

Value ($000) $400,729 Shares 1,548,473 Est. Cost $302.32 Unrealized -12.6%

PCAR PACCAR INC 0.1%

Value ($000) $658,839 Shares 6,016,243 Est. Cost $94.81 Unrealized +6.8%

C CITIGROUP INC 0.1%

Value ($000) $530,219 Shares 4,543,822 Est. Cost $52.71 Unrealized +96.6%

U UNITY SOFTWARE INC 0.1%

Value ($000) $620,917 Shares 14,057,270 Est. Cost $25.58 Unrealized +59.3%

HON HONEYWELL INTL INC 0.1%

Value ($000) $797,351 Shares 4,087,078 Est. Cost $182.24 Unrealized +7.0%

BBIO BRIDGEBIO PHARMA INC 0.0%

Value ($000) $147,985 Shares 1,934,698 Est. Cost $30.35 Unrealized +116.3%

AFRM AFFIRM HLDGS INC 0.3%

Value ($000) $1,722,797 Shares 23,145,942 Est. Cost $61.98 Unrealized +16.1%

TBBB BBB FOODS INC 0.0%

Value ($000) $195,145 Shares 5,844,413 Est. Cost $28.76 Unrealized +4.0%

ABBV ABBVIE INC 1.1%

Value ($000) $5,805,530 Shares 25,408,200 Est. Cost $95.76 Unrealized +137.6%

KMB KIMBERLY-CLARK CORP 0.0%

Value ($000) $150,722 Shares 1,493,928 Est. Cost $113.07 Unrealized -4.1%

MARA MARA HOLDINGS INC 0.0%

Value ($000) $33,217 Shares 3,699,024 Est. Cost $16.85 Unrealized -12.5%

DUK DUKE ENERGY CORP NEW 0.1%

Value ($000) $590,964 Shares 5,041,923 Est. Cost $78.09 Unrealized +55.7%

HLI HOULIHAN LOKEY INC 0.0%

Value ($000) $167,617 Shares 962,263 Est. Cost $172.89 Unrealized +5.9%

ZTS ZOETIS INC 0.0%

Value ($000) $179,816 Shares 1,429,149 Est. Cost $173.69 Unrealized -25.0%

KLAC KLA CORP 0.0%

Value ($000) $233,226 Shares 191,943 Est. Cost $673.95 Unrealized +73.9%

FIS FIDELITY NATL INFORMATION SV 0.3%

Value ($000) $1,869,507 Shares 28,129,710 Est. Cost $65.29 Unrealized +0.5%

SF STIFEL FINL CORP 0.1%

Value ($000) $276,547 Shares 2,208,488 Est. Cost $41.16 Unrealized +190.6%

ESTA ESTABLISHMENT LABS HLDGS INC 0.0%

Value ($000) $58,874 Shares 807,826 Est. Cost $42.22 Unrealized +43.0%

FISV FISERV INC 0.0%

Value ($000) $25,129 Shares 374,110 Est. Cost $218.93 Unrealized -61.7%

DLR DIGITAL RLTY TR INC 0.0%

Value ($000) $195,813 Shares 1,265,664 Est. Cost $105.63 Unrealized +54.4%

XEL XCEL ENERGY INC 0.0%

Value ($000) $260,834 Shares 3,531,462 Est. Cost $21.02 Unrealized +272.4%

NYT NEW YORK TIMES CO 0.0%

Value ($000) $117,661 Shares 1,694,919 Est. Cost $32.47 Unrealized +90.4%

DHR DANAHER CORPORATION 0.0%

Value ($000) $131,761 Shares 575,575 Est. Cost $192.54 Unrealized +14.0%

VALE VALE S A 0.0%

Value ($000) $106,500 Shares 8,173,426 Est. Cost $14.39 Unrealized —

MATX MATSON INC 0.0%

Value ($000) $81,737 Shares 661,572 Est. Cost $56.53 Unrealized +89.4%

HWM HOWMET AEROSPACE INC 0.1%

Value ($000) $293,321 Shares 1,430,544 Est. Cost $65.37 Unrealized +204.4%

TAK TAKEDA PHARMACEUTICAL CO LTD 0.0%

Value ($000) $210,259 Shares 13,486,772 Est. Cost $16.23 Unrealized —

BMRN BIOMARIN PHARMACEUTICAL INC 0.0%

Value ($000) $151,385 Shares 2,547,287 Est. Cost $60.91 Unrealized -10.6%

SKY CHAMPION HOMES INC 0.0%

Value ($000) $148,506 Shares 1,757,463 Est. Cost $95.34 Unrealized -17.3%

BAC BANK AMERICA CORP 0.0%

Value ($000) $212,015 Shares 3,854,823 Est. Cost $42.95 Unrealized +22.6%

MOH MOLINA HEALTHCARE INC 0.0%

Value ($000) $138,122 Shares 795,909 Est. Cost $318.86 Unrealized -48.5%

CRWD CROWDSTRIKE HLDGS INC 0.1%

Value ($000) $340,477 Shares 726,293 Est. Cost $369.43 Unrealized +37.8%

SU SUNCOR ENERGY INC NEW 0.0%

Value ($000) $220,739 Shares 4,973,331 Est. Cost $20.52 Unrealized +106.0%

EHC ENCOMPASS HEALTH CORP 0.0%

Value ($000) $63,398 Shares 597,302 Est. Cost $46.42 Unrealized +149.3%

STRL STERLING INFRASTRUCTURE INC 0.0%

Value ($000) $111,488 Shares 364,067 Est. Cost $214.64 Unrealized +60.5%

ICFI ICF INTL INC 0.0%

Value ($000) $136,866 Shares 1,604,524 Est. Cost $113.25 Unrealized -25.0%

SPGI S&P GLOBAL INC 0.0%

Value ($000) $166,284 Shares 318,191 Est. Cost $376.05 Unrealized +31.4%

KVYO KLAVIYO INC 0.0%

Value ($000) $83,701 Shares 2,577,782 Est. Cost $25.59 Unrealized +9.5%

PAX PATRIA INVESTMENTS LIMITED 0.0%

Value ($000) $145,903 Shares 9,182,088 Est. Cost $12.63 Unrealized +16.7%

HDB HDFC BANK LTD 0.0%

Value ($000) $169,085 Shares 4,627,387 Est. Cost $51.82 Unrealized —

KKR KKR & CO INC 0.1%

Value ($000) $714,195 Shares 5,602,262 Est. Cost $111.17 Unrealized +11.8%

OTIS OTIS WORLDWIDE CORP 0.0%

Value ($000) $248,417 Shares 2,843,926 Est. Cost $58.52 Unrealized +52.5%

WCC WESCO INTL INC 0.0%

Value ($000) $66,414 Shares 271,476 Est. Cost $163.95 Unrealized +49.4%

STT STATE STR CORP 0.0%

Value ($000) $87,984 Shares 681,995 Est. Cost $71.15 Unrealized +67.2%

INTU INTUIT 0.1%

Value ($000) $320,587 Shares 483,963 Est. Cost $625.61 Unrealized +5.6%

PCVX VAXCYTE INC 0.0%

Value ($000) $38,895 Shares 842,978 Est. Cost $61.27 Unrealized -27.0%

QSR RESTAURANT BRANDS INTL INC 0.0%

Value ($000) $139,198 Shares 2,040,125 Est. Cost $63.60 Unrealized +8.4%

MDB MONGODB INC 0.0%

Value ($000) $33,259 Shares 79,247 Est. Cost $247.84 Unrealized +46.8%

DTM DT MIDSTREAM INC 0.0%

Value ($000) $149,530 Shares 1,249,418 Est. Cost $48.73 Unrealized +134.5%

HSY HERSHEY CO 0.1%

Value ($000) $292,186 Shares 1,605,592 Est. Cost $162.75 Unrealized +11.9%

CBZ CBIZ INC 0.0%

Value ($000) $147,039 Shares 2,914,541 Est. Cost $68.53 Unrealized -23.3%

— NEXTERA ENERGY INC 0.0%

Value ($000) $207,947 Shares 4,265,572 Est. Cost $44.25 Unrealized —

QCOM QUALCOMM INC 0.0%

Value ($000) $250,940 Shares 1,467,056 Est. Cost $162.63 Unrealized +5.0%

ELVN ENLIVEN THERAPEUTICS INC 0.0%

Value ($000) $20,087 Shares 1,304,346 Est. Cost $18.93 Unrealized +5.2%

IRTC IRHYTHM TECHNOLOGIES INC 0.0%

Value ($000) $210,221 Shares 1,184,746 Est. Cost $109.97 Unrealized +61.1%

SO SOUTHERN CO 0.0%

Value ($000) $71,953 Shares 825,154 Est. Cost $81.86 Unrealized +11.0%

SWK STANLEY BLACK & DECKER INC 0.2%

Value ($000) $954,991 Shares 12,856,517 Est. Cost $83.15 Unrealized -15.9%

PLTR PALANTIR TECHNOLOGIES INC 0.0%

Value ($000) $226,535 Shares 1,274,461 Est. Cost $76.04 Unrealized +138.1%

AEP AMERICAN ELEC PWR CO INC 0.0%

Value ($000) $170,924 Shares 1,482,302 Est. Cost $55.98 Unrealized +110.3%

CME CME GROUP INC 0.1%

Value ($000) $290,105 Shares 1,062,343 Est. Cost $174.66 Unrealized +55.0%

LMT LOCKHEED MARTIN CORP 0.0%

Value ($000) $164,595 Shares 340,304 Est. Cost $527.20 Unrealized -9.7%

TECH BIO-TECHNE CORP 0.0%

Value ($000) $95,206 Shares 1,618,882 Est. Cost $51.35 Unrealized +18.2%

CBT CABOT CORP 0.0%

Value ($000) $30,667 Shares 462,691 Est. Cost $69.38 Unrealized -4.5%

MTRN MATERION CORP 0.0%

Value ($000) $235,452 Shares 1,893,919 Est. Cost $92.10 Unrealized +33.9%

FA FIRST ADVANTAGE CORP NEW 0.0%

Value ($000) $70,681 Shares 4,864,471 Est. Cost $13.02 Unrealized +8.2%

IFF INTERNATIONAL FLAVORS&FRAGRA 0.0%

Value ($000) $50,798 Shares 753,785 Est. Cost $96.78 Unrealized -33.5%

RY ROYAL BK CDA 0.0%

Value ($000) $30,261 Shares 177,506 Est. Cost $89.04 Unrealized +72.5%

NTR NUTRIEN LTD 0.0%

Value ($000) $71,043 Shares 1,151,049 Est. Cost $38.37 Unrealized +53.4%

MGRC MCGRATH RENTCORP 0.0%

Value ($000) $32,014 Shares 305,094 Est. Cost $110.80 Unrealized -2.2%

EXC EXELON CORP 0.0%

Value ($000) $143,363 Shares 3,288,892 Est. Cost $28.84 Unrealized +57.6%

ELV ELEVANCE HEALTH INC FORMERLY 0.0%

Value ($000) $42,251 Shares 120,527 Est. Cost $394.30 Unrealized -14.6%

CSX CSX CORP 0.0%

Value ($000) $152,912 Shares 4,218,274 Est. Cost $25.56 Unrealized +39.7%

MCD MCDONALDS CORP 0.4%

Value ($000) $1,901,719 Shares 6,222,275 Est. Cost $224.88 Unrealized +35.7%

ADI ANALOG DEVICES INC 0.0%

Value ($000) $31,685 Shares 116,831 Est. Cost $209.77 Unrealized +19.5%

KDP KEURIG DR PEPPER INC 0.0%

Value ($000) $32,621 Shares 1,164,623 Est. Cost $31.73 Unrealized -14.2%

BWXT BWX TECHNOLOGIES INC 0.0%

Value ($000) $43,356 Shares 250,845 Est. Cost $46.49 Unrealized +303.2%

LOW LOWES COS INC 0.0%

Value ($000) $80,595 Shares 334,199 Est. Cost $239.47 Unrealized +0.1%

TSN TYSON FOODS INC 0.0%

Value ($000) $33,864 Shares 577,683 Est. Cost $53.16 Unrealized +2.7%

PJT PJT PARTNERS INC 0.0%

Value ($000) $36,796 Shares 220,074 Est. Cost $151.13 Unrealized +13.1%

WELL WELLTOWER INC 0.0%

Value ($000) $56,854 Shares 306,310 Est. Cost $96.10 Unrealized +94.0%

IBP INSTALLED BLDG PRODS INC 0.0%

Value ($000) $46,335 Shares 178,631 Est. Cost $149.53 Unrealized +72.7%

EWBC EAST WEST BANCORP INC 0.0%

Value ($000) $32,882 Shares 292,571 Est. Cost $86.74 Unrealized +21.2%

ADSK AUTODESK INC 0.0%

Value ($000) $30,742 Shares 103,854 Est. Cost $170.53 Unrealized +77.4%

KVUE KENVUE INC 0.0%

Value ($000) $27,468 Shares 1,592,321 Est. Cost $23.61 Unrealized -31.1%

— PINNACLE FINL PARTNERS INC 0.0%

Value ($000) $107,937 Shares 1,131,294 Est. Cost $107.13 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.0%

Value ($000) $32,792 Shares 110,704 Est. Cost $259.55 Unrealized +15.1%

ADBE ADOBE INC 0.1%

Value ($000) $315,420 Shares 901,225 Est. Cost $412.74 Unrealized -17.6%

DE DEERE & CO 0.0%

Value ($000) $66,440 Shares 142,707 Est. Cost $461.52 Unrealized +1.3%

AIT APPLIED INDL TECHNOLOGIES IN 0.0%

Value ($000) $82,832 Shares 322,594 Est. Cost $158.06 Unrealized +61.4%

CLBT CELLEBRITE DI LTD 0.0%

Value ($000) $43,365 Shares 2,405,172 Est. Cost $17.81 Unrealized +0.8%

EMR EMERSON ELEC CO 0.0%

Value ($000) $93,375 Shares 703,547 Est. Cost $42.06 Unrealized +214.7%

SHEL SHELL PLC 0.0%

Value ($000) $56,868 Shares 773,911 Est. Cost $54.95 Unrealized —

SRE SEMPRA 0.0%

Value ($000) $70,632 Shares 800,000 Est. Cost $70.52 Unrealized +28.4%

TGT TARGET CORP 0.0%

Value ($000) $14,745 Shares 150,848 Est. Cost $136.67 Unrealized -33.0%

CVBF CVB FINL CORP 0.0%

Value ($000) $39,652 Shares 2,131,818 Est. Cost $20.11 Unrealized -5.8%

STEP STEPSTONE GROUP INC 0.0%

Value ($000) $51,008 Shares 794,883 Est. Cost $31.17 Unrealized +102.9%

YUM YUM BRANDS INC 0.0%

Value ($000) $151,452 Shares 1,001,138 Est. Cost $101.97 Unrealized +44.8%

COP CONOCOPHILLIPS 0.0%

Value ($000) $107,599 Shares 1,149,440 Est. Cost $77.46 Unrealized +16.2%

FERG FERGUSON ENTERPRISES INC 0.1%

Value ($000) $386,037 Shares 1,733,986 Est. Cost $201.88 Unrealized +17.9%

KIM KIMCO RLTY CORP 0.0%

Value ($000) $6,161 Shares 303,941 Est. Cost $14.66 Unrealized +40.4%

VNOM VIPER ENERGY INC 0.0%

Value ($000) $39,284 Shares 1,016,927 Est. Cost $38.10 Unrealized -0.6%

SLAB SILICON LABORATORIES INC 0.0%

Value ($000) $106,120 Shares 811,937 Est. Cost $103.41 Unrealized +27.1%

FUTU FUTU HLDGS LTD 0.0%

Value ($000) $5,829 Shares 35,499 Est. Cost $136.88 Unrealized —

— MICROCHIP TECHNOLOGY INC. 0.0%

Value ($000) $17,732 Shares 304,259 Est. Cost $66.64 Unrealized —

CVCO CAVCO INDS INC DEL 0.0%

Value ($000) $13,058 Shares 22,104 Est. Cost $459.24 Unrealized +23.4%

TTEK TETRA TECH INC NEW 0.0%

Value ($000) $59,559 Shares 1,775,766 Est. Cost $33.29 Unrealized +1.6%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $61,894 Shares 82 Est. Cost $761794.56 Unrealized -2.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	73,324,435	$35,461,344	6.5%	$92.45	+441.5%	COM	594918104
RTX	RTX CORPORATION	76,140,352	$13,964,155	2.6%	$75.69	+129.0%	COM	75513E101
CARR	CARRIER GLOBAL CORPORATION	74,737,790	$3,949,175	0.7%	$34.97	+58.8%	COM	14448C104
IP	INTERNATIONAL PAPER CO	54,535,444	$2,148,154	0.4%	$47.85	-14.6%	COM	460146103
BLK	BLACKROCK INC	3,838,937	$4,108,968	0.8%	$983.34	+10.8%	COM	09290D101
MDLZ	MONDELEZ INTL INC	29,521,307	$1,589,138	0.3%	$60.88	-6.3%	CL A	609207105
XOM	EXXON MOBIL CORP	33,458,442	$4,026,396	0.7%	$95.42	+21.0%	COM	30231G102
PGR	PROGRESSIVE CORP	11,144,028	$2,537,738	0.5%	$195.89	+8.4%	COM	743315103
AXP	AMERICAN EXPRESS CO	4,467,637	$1,652,810	0.3%	$272.18	+31.2%	COM	025816109
SYY	SYSCO CORP	18,247,457	$1,344,655	0.2%	$71.08	+6.2%	COM	871829107
DHI	D R HORTON INC	4,647,088	$669,330	0.1%	$75.67	+100.9%	COM	23331A109
STLD	STEEL DYNAMICS INC	3,623,054	$613,927	0.1%	$91.22	+73.6%	COM	858119100
AUR	AURORA INNOVATION INC	71,464,685	$274,424	0.1%	$4.71	-2.9%	CLASS A COM	051774107
MO	ALTRIA GROUP INC	12,148,068	$700,458	0.1%	$30.48	+94.7%	COM	02209S103
LRCX	LAM RESEARCH CORP	2,642,429	$452,331	0.1%	$75.53	+105.7%	COM NEW	512807306
NVR	NVR INC	133,554	$973,979	0.2%	$5229.90	+43.0%	COM	62944T105
BKR	BAKER HUGHES COMPANY	25,757,875	$1,173,025	0.2%	$26.30	+80.0%	CL A	05722G100
TD	TORONTO DOMINION BK ONT	5,711,002	$538,234	0.1%	$53.91	+56.6%	COM NEW	891160509
AJG	GALLAGHER ARTHUR J & CO	1,548,473	$400,729	0.1%	$302.32	-12.6%	COM	363576109
PCAR	PACCAR INC	6,016,243	$658,839	0.1%	$94.81	+6.8%	COM	693718108
C	CITIGROUP INC	4,543,822	$530,219	0.1%	$52.71	+96.6%	COM NEW	172967424
U	UNITY SOFTWARE INC	14,057,270	$620,917	0.1%	$25.58	+59.3%	COM	91332U101
HON	HONEYWELL INTL INC	4,087,078	$797,351	0.1%	$182.24	+7.0%	COM	438516106
BBIO	BRIDGEBIO PHARMA INC	1,934,698	$147,985	0.0%	$30.35	+116.3%	COM	10806X102
AFRM	AFFIRM HLDGS INC	23,145,942	$1,722,797	0.3%	$61.98	+16.1%	COM CL A	00827B106
TBBB	BBB FOODS INC	5,844,413	$195,145	0.0%	$28.76	+4.0%	CL A COM	G0896C103
ABBV	ABBVIE INC	25,408,200	$5,805,530	1.1%	$95.76	+137.6%	COM	00287Y109
KMB	KIMBERLY-CLARK CORP	1,493,928	$150,722	0.0%	$113.07	-4.1%	COM	494368103
MARA	MARA HOLDINGS INC	3,699,024	$33,217	0.0%	$16.85	-12.5%	COM	565788106
DUK	DUKE ENERGY CORP NEW	5,041,923	$590,964	0.1%	$78.09	+55.7%	COM NEW	26441C204
HLI	HOULIHAN LOKEY INC	962,263	$167,617	0.0%	$172.89	+5.9%	CL A	441593100
ZTS	ZOETIS INC	1,429,149	$179,816	0.0%	$173.69	-25.0%	CL A	98978V103
KLAC	KLA CORP	191,943	$233,226	0.0%	$673.95	+73.9%	COM NEW	482480100
FIS	FIDELITY NATL INFORMATION SV	28,129,710	$1,869,507	0.3%	$65.29	+0.5%	COM	31620M106
SF	STIFEL FINL CORP	2,208,488	$276,547	0.1%	$41.16	+190.6%	COM	860630102
ESTA	ESTABLISHMENT LABS HLDGS INC	807,826	$58,874	0.0%	$42.22	+43.0%	COM	G31249108
FISV	FISERV INC	374,110	$25,129	0.0%	$218.93	-61.7%	COM	337738108
DLR	DIGITAL RLTY TR INC	1,265,664	$195,813	0.0%	$105.63	+54.4%	COM	253868103
XEL	XCEL ENERGY INC	3,531,462	$260,834	0.0%	$21.02	+272.4%	COM	98389B100
NYT	NEW YORK TIMES CO	1,694,919	$117,661	0.0%	$32.47	+90.4%	CL A	650111107
DHR	DANAHER CORPORATION	575,575	$131,761	0.0%	$192.54	+14.0%	COM	235851102
VALE	VALE S A	8,173,426	$106,500	0.0%	$14.39	—	SPONSORED ADS	91912E105
MATX	MATSON INC	661,572	$81,737	0.0%	$56.53	+89.4%	COM	57686G105
HWM	HOWMET AEROSPACE INC	1,430,544	$293,321	0.1%	$65.37	+204.4%	COM	443201108
TAK	TAKEDA PHARMACEUTICAL CO LTD	13,486,772	$210,259	0.0%	$16.23	—	SPONSORED ADS	874060205
BMRN	BIOMARIN PHARMACEUTICAL INC	2,547,287	$151,385	0.0%	$60.91	-10.6%	COM	09061G101
SKY	CHAMPION HOMES INC	1,757,463	$148,506	0.0%	$95.34	-17.3%	COM	830830105
BAC	BANK AMERICA CORP	3,854,823	$212,015	0.0%	$42.95	+22.6%	COM	060505104
MOH	MOLINA HEALTHCARE INC	795,909	$138,122	0.0%	$318.86	-48.5%	COM	60855R100
CRWD	CROWDSTRIKE HLDGS INC	726,293	$340,477	0.1%	$369.43	+37.8%	CL A	22788C105
SU	SUNCOR ENERGY INC NEW	4,973,331	$220,739	0.0%	$20.52	+106.0%	COM	867224107
EHC	ENCOMPASS HEALTH CORP	597,302	$63,398	0.0%	$46.42	+149.3%	COM	29261A100
STRL	STERLING INFRASTRUCTURE INC	364,067	$111,488	0.0%	$214.64	+60.5%	COM	859241101
ICFI	ICF INTL INC	1,604,524	$136,866	0.0%	$113.25	-25.0%	COM	44925C103
SPGI	S&P GLOBAL INC	318,191	$166,284	0.0%	$376.05	+31.4%	COM	78409V104
KVYO	KLAVIYO INC	2,577,782	$83,701	0.0%	$25.59	+9.5%	COM SER A	49845K101
PAX	PATRIA INVESTMENTS LIMITED	9,182,088	$145,903	0.0%	$12.63	+16.7%	COM CL A	G69451105
HDB	HDFC BANK LTD	4,627,387	$169,085	0.0%	$51.82	—	SPONSORED ADS	40415F101
KKR	KKR & CO INC	5,602,262	$714,195	0.1%	$111.17	+11.8%	COM	48251W104
OTIS	OTIS WORLDWIDE CORP	2,843,926	$248,417	0.0%	$58.52	+52.5%	COM	68902V107
WCC	WESCO INTL INC	271,476	$66,414	0.0%	$163.95	+49.4%	COM	95082P105
STT	STATE STR CORP	681,995	$87,984	0.0%	$71.15	+67.2%	COM	857477103
INTU	INTUIT	483,963	$320,587	0.1%	$625.61	+5.6%	COM	461202103
PCVX	VAXCYTE INC	842,978	$38,895	0.0%	$61.27	-27.0%	COM	92243G108
QSR	RESTAURANT BRANDS INTL INC	2,040,125	$139,198	0.0%	$63.60	+8.4%	COM	76131D103
MDB	MONGODB INC	79,247	$33,259	0.0%	$247.84	+46.8%	CL A	60937P106
DTM	DT MIDSTREAM INC	1,249,418	$149,530	0.0%	$48.73	+134.5%	COMMON STOCK	23345M107
HSY	HERSHEY CO	1,605,592	$292,186	0.1%	$162.75	+11.9%	COM	427866108
CBZ	CBIZ INC	2,914,541	$147,039	0.0%	$68.53	-23.3%	COM	124805102
—	NEXTERA ENERGY INC	4,265,572	$207,947	0.0%	$44.25	—	UNIT 11/01/2027	65339F119
QCOM	QUALCOMM INC	1,467,056	$250,940	0.0%	$162.63	+5.0%	COM	747525103
ELVN	ENLIVEN THERAPEUTICS INC	1,304,346	$20,087	0.0%	$18.93	+5.2%	COM	29337E102
IRTC	IRHYTHM TECHNOLOGIES INC	1,184,746	$210,221	0.0%	$109.97	+61.1%	COM	450056106
SO	SOUTHERN CO	825,154	$71,953	0.0%	$81.86	+11.0%	COM	842587107
SWK	STANLEY BLACK & DECKER INC	12,856,517	$954,991	0.2%	$83.15	-15.9%	COM	854502101
PLTR	PALANTIR TECHNOLOGIES INC	1,274,461	$226,535	0.0%	$76.04	+138.1%	CL A	69608A108
AEP	AMERICAN ELEC PWR CO INC	1,482,302	$170,924	0.0%	$55.98	+110.3%	COM	025537101
CME	CME GROUP INC	1,062,343	$290,105	0.1%	$174.66	+55.0%	COM	12572Q105
LMT	LOCKHEED MARTIN CORP	340,304	$164,595	0.0%	$527.20	-9.7%	COM	539830109
TECH	BIO-TECHNE CORP	1,618,882	$95,206	0.0%	$51.35	+18.2%	COM	09073M104
CBT	CABOT CORP	462,691	$30,667	0.0%	$69.38	-4.5%	COM	127055101
MTRN	MATERION CORP	1,893,919	$235,452	0.0%	$92.10	+33.9%	COM	576690101
FA	FIRST ADVANTAGE CORP NEW	4,864,471	$70,681	0.0%	$13.02	+8.2%	COM	31846B108
IFF	INTERNATIONAL FLAVORS&FRAGRA	753,785	$50,798	0.0%	$96.78	-33.5%	COM	459506101
RY	ROYAL BK CDA	177,506	$30,261	0.0%	$89.04	+72.5%	COM	780087102
NTR	NUTRIEN LTD	1,151,049	$71,043	0.0%	$38.37	+53.4%	COM	67077M108
MGRC	MCGRATH RENTCORP	305,094	$32,014	0.0%	$110.80	-2.2%	COM	580589109
EXC	EXELON CORP	3,288,892	$143,363	0.0%	$28.84	+57.6%	COM	30161N101
ELV	ELEVANCE HEALTH INC FORMERLY	120,527	$42,251	0.0%	$394.30	-14.6%	COM	036752103
CSX	CSX CORP	4,218,274	$152,912	0.0%	$25.56	+39.7%	COM	126408103
MCD	MCDONALDS CORP	6,222,275	$1,901,719	0.4%	$224.88	+35.7%	COM	580135101
ADI	ANALOG DEVICES INC	116,831	$31,685	0.0%	$209.77	+19.5%	COM	032654105
KDP	KEURIG DR PEPPER INC	1,164,623	$32,621	0.0%	$31.73	-14.2%	COM	49271V100
BWXT	BWX TECHNOLOGIES INC	250,845	$43,356	0.0%	$46.49	+303.2%	COM	05605H100
LOW	LOWES COS INC	334,199	$80,595	0.0%	$239.47	+0.1%	COM	548661107
TSN	TYSON FOODS INC	577,683	$33,864	0.0%	$53.16	+2.7%	CL A	902494103
PJT	PJT PARTNERS INC	220,074	$36,796	0.0%	$151.13	+13.1%	COM CL A	69343T107
WELL	WELLTOWER INC	306,310	$56,854	0.0%	$96.10	+94.0%	COM	95040Q104
IBP	INSTALLED BLDG PRODS INC	178,631	$46,335	0.0%	$149.53	+72.7%	COM	45780R101
EWBC	EAST WEST BANCORP INC	292,571	$32,882	0.0%	$86.74	+21.2%	COM	27579R104
ADSK	AUTODESK INC	103,854	$30,742	0.0%	$170.53	+77.4%	COM	052769106
KVUE	KENVUE INC	1,592,321	$27,468	0.0%	$23.61	-31.1%	COM	49177J102
—	PINNACLE FINL PARTNERS INC	1,131,294	$107,937	0.0%	$107.13	—	COM	72346Q104
IBM	INTERNATIONAL BUSINESS MACHS	110,704	$32,792	0.0%	$259.55	+15.1%	COM	459200101
ADBE	ADOBE INC	901,225	$315,420	0.1%	$412.74	-17.6%	COM	00724F101
DE	DEERE & CO	142,707	$66,440	0.0%	$461.52	+1.3%	COM	244199105
AIT	APPLIED INDL TECHNOLOGIES IN	322,594	$82,832	0.0%	$158.06	+61.4%	COM	03820C105
CLBT	CELLEBRITE DI LTD	2,405,172	$43,365	0.0%	$17.81	+0.8%	ORDINARY SHARES	M2197Q107
EMR	EMERSON ELEC CO	703,547	$93,375	0.0%	$42.06	+214.7%	COM	291011104
SHEL	SHELL PLC	773,911	$56,868	0.0%	$54.95	—	SPON ADS	780259305
SRE	SEMPRA	800,000	$70,632	0.0%	$70.52	+28.4%	COM	816851109
TGT	TARGET CORP	150,848	$14,745	0.0%	$136.67	-33.0%	COM	87612E106
CVBF	CVB FINL CORP	2,131,818	$39,652	0.0%	$20.11	-5.8%	COM	126600105
STEP	STEPSTONE GROUP INC	794,883	$51,008	0.0%	$31.17	+102.9%	COM CL A	85914M107
YUM	YUM BRANDS INC	1,001,138	$151,452	0.0%	$101.97	+44.8%	COM	988498101
COP	CONOCOPHILLIPS	1,149,440	$107,599	0.0%	$77.46	+16.2%	COM	20825C104
FERG	FERGUSON ENTERPRISES INC	1,733,986	$386,037	0.1%	$201.88	+17.9%	COMMON STOCK NEW	31488V107
KIM	KIMCO RLTY CORP	303,941	$6,161	0.0%	$14.66	+40.4%	COM	49446R109
VNOM	VIPER ENERGY INC	1,016,927	$39,284	0.0%	$38.10	-0.6%	CL A	64361Q101
SLAB	SILICON LABORATORIES INC	811,937	$106,120	0.0%	$103.41	+27.1%	COM	826919102
FUTU	FUTU HLDGS LTD	35,499	$5,829	0.0%	$136.88	—	SPON ADS CL A	36118L106
—	MICROCHIP TECHNOLOGY INC.	304,259	$17,732	0.0%	$66.64	—	DEP SHS REPSTG	595017302
CVCO	CAVCO INDS INC DEL	22,104	$13,058	0.0%	$459.24	+23.4%	COM	149568107
TTEK	TETRA TECH INC NEW	1,775,766	$59,559	0.0%	$33.29	+1.6%	COM	88162G103
BRK/A	BERKSHIRE HATHAWAY INC DEL	82	$61,894	0.0%	$761794.56	-2.0%	CL A	084670108