Lazard Freres Gestion S.A.S. Diversified Active

CIK: 0001426748 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 6, 2026

Total Value ($000): $5,550 (100.0% shares, 0.0% debt)

Holdings (112)

New Positions (5)

DUOL DUOLINGO INC 0.0%

Value ($000) $2 Shares 12,000 Est. Cost $235.64 Unrealized 0.0%

DDOG DATADOG INC CL 0.0%

Value ($000) $2 Shares 11,310 Est. Cost $158.02 Unrealized 0.0%

CSCO CISCO SYS INC 0.0%

Value ($000) $0 Shares 2,780 Est. Cost $73.79 Unrealized 0.0%

IEMG ISHR CORE MS EM 0.0%

Value ($000) $0 Shares 3,000 Est. Cost $0.07 Unrealized —

INTC INTEL CORP/U 0.0%

Value ($000) $0 Shares 5,433 Est. Cost $37.76 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DUOL	DUOLINGO INC	12,000	$2	0.0%	$235.64	0.0%	DUOLINGO	26603R106
DDOG	DATADOG INC CL	11,310	$2	0.0%	$158.02	0.0%	DATADOG INC - CLASS A	23804L103
CSCO	CISCO SYS INC	2,780	$0	0.0%	$73.79	0.0%	CISCO SYSTEMS INC	17275R102
IEMG	ISHR CORE MS EM	3,000	$0	0.0%	$0.07	—	ISHARES CORE MSCI EMERGING	46434G103
INTC	INTEL CORP/U	5,433	$0	0.0%	$37.76	0.0%	Intel Corp	458140100

Increased Positions (33)

EL ESTEE LAUDER 2.1%

Value ($000) $117 (+61.9%) Shares 1,117,878 (+36.2%) Est. Cost $90.70 Unrealized +6.7%

ACN ACCENTURE PLC 3.3%

Value ($000) $184 (+27.5%) Shares 684,857 (+17.2%) Est. Cost $254.21 Unrealized -0.1%

V VISA INC 4.6%

Value ($000) $258 (+14.0%) Shares 734,569 (+10.9%) Est. Cost $229.57 Unrealized +48.3%

AMZN AMAZON.COM INC 6.6%

Value ($000) $366 (+8.8%) Shares 1,583,820 (+3.5%) Est. Cost $144.27 Unrealized +58.6%

MRK MERCK & CO/U 2.3%

Value ($000) $126 (+27.8%) Shares 1,193,915 (+1.9%) Est. Cost $81.24 Unrealized +14.8%

SPGI S&P GLOBAL INC 2.0%

Value ($000) $111 (+32.5%) Shares 212,605 (+23.4%) Est. Cost $511.13 Unrealized -3.3%

MSFT MICROSOFT CORP 9.1%

Value ($000) $503 (-4.5%) Shares 1,040,819 (+2.3%) Est. Cost $257.21 Unrealized +94.6%

COST COSTCO WHOLE 1.8%

Value ($000) $100 (+27.2%) Shares 115,633 (+36.5%) Est. Cost $683.59 Unrealized +32.5%

NKE NIKE INC CL B 1.4%

Value ($000) $76 (+36.0%) Shares 1,185,742 (+48.8%) Est. Cost $70.88 Unrealized -8.4%

MDT MEDTRONIC PLC 3.0%

Value ($000) $164 (+12.4%) Shares 1,705,936 (+11.4%) Est. Cost $87.30 Unrealized +11.3%

MSI MOTOROLA SOL 3.0%

Value ($000) $169 (+11.3%) Shares 439,646 (+32.8%) Est. Cost $297.00 Unrealized +34.9%

MLM MARTIN MARIETTA 0.9%

Value ($000) $50 (+50.5%) Shares 81,029 (+52.3%) Est. Cost $577.08 Unrealized +7.7%

OTIS OTIS WORLDWIDE 2.1%

Value ($000) $114 (+16.5%) Shares 1,309,160 (+21.9%) Est. Cost $82.62 Unrealized +8.0%

MTD METTLER INTL 0.7%

Value ($000) $42 (+52.9%) Shares 29,848 (+34.6%) Est. Cost $1238.72 Unrealized +12.7%

SPY SPDR S&P 500 1.0%

Value ($000) $58 (+25.8%) Shares 85,013 (+22.9%) Est. Cost $140.68 Unrealized —

MAR MARRIOTT INTL I 1.1%

Value ($000) $59 (+20.8%) Shares 191,585 (+1.4%) Est. Cost $265.85 Unrealized +7.3%

MCO MOODY'S CORP 1.1%

Value ($000) $63 (+18.9%) Shares 123,837 (+10.9%) Est. Cost $479.33 Unrealized +1.7%

NVDA NVIDIA CORP 5.0%

Value ($000) $277 (+3.2%) Shares 1,485,322 (+3.3%) Est. Cost $174.66 Unrealized +6.6%

AVGO BROADCOM INC 1.4%

Value ($000) $78 (+11.3%) Shares 224,598 (+6.1%) Est. Cost $308.69 Unrealized +15.7%

META FACEBOOK INC/U 2.3%

Value ($000) $126 (-2.6%) Shares 190,229 (+8.4%) Est. Cost $580.32 Unrealized +15.0%

QQQ INVESCO QQQ 0.0%

Value ($000) $3 (+167.9%) Shares 4,283 (+161.6%) Est. Cost $0.56 Unrealized —

CL COLGATE PALMO/U 1.1%

Value ($000) $61 (+2.4%) Shares 776,697 (+3.6%) Est. Cost $79.63 Unrealized -1.7%

NFLX NETFLIX INC 0.1%

Value ($000) $4 (-23.5%) Shares 43,920 (+877.7%) Est. Cost $109.27 Unrealized -1.3%

NOW SERVICENOW 0.0%

Value ($000) $3 (-18.1%) Shares 17,905 (+392.2%) Est. Cost $166.93 Unrealized +2.8%

VERX VERTEX INC 0.0%

Value ($000) $2 (+26.6%) Shares 110,000 (+57.1%) Est. Cost $27.95 Unrealized -22.6%

APP APPLOVIN CORP 0.1%

Value ($000) $3 (+15.2%) Shares 4,300 (+22.9%) Est. Cost $492.57 Unrealized +27.9%

ONON ON HOLDING AG 0.0%

Value ($000) $1 (+64.4%) Shares 12,540 (+50.0%) Est. Cost $46.09 Unrealized -6.5%

BAC BANK OF AMERICA 0.0%

Value ($000) $2 (+14.9%) Shares 30,316 (+7.7%) Est. Cost $27.92 Unrealized +88.6%

CWEN CLEARWAY-ENERGY 0.0%

Value ($000) $1 (+19.5%) Shares 19,770 (+1.4%) Est. Cost $28.84 Unrealized +14.4%

VTWO VANGUARD RS 200 0.0%

Value ($000) $0 (+15.2%) Shares 4,970 (+13.1%) Est. Cost $0.09 Unrealized —

PINS PINTEREST INC 0.0%

Value ($000) $2 (-2.3%) Shares 80,000 (+21.4%) Est. Cost $30.51 Unrealized -5.6%

BMI BADGER METER IN 0.0%

Value ($000) $1 (+7.6%) Shares 3,250 (+10.2%) Est. Cost $214.80 Unrealized -16.3%

COTY COTY INC 0.0%

Value ($000) $0 (+1.0%) Shares 64,564 (+32.9%) Est. Cost $7.87 Unrealized -53.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EL	ESTEE LAUDER	1,117,878 (+36.2%)	$117 (+61.9%)	2.1%	$90.70	+6.7%	ESTEE LAUDER COMPANIES-CL A	518439104
ACN	ACCENTURE PLC	684,857 (+17.2%)	$184 (+27.5%)	3.3%	$254.21	-0.1%	ACCENTURE PLC-CL A	G1151C101
V	VISA INC	734,569 (+10.9%)	$258 (+14.0%)	4.6%	$229.57	+48.3%	VISA INC-CLASS A SHARES	92826C839
AMZN	AMAZON.COM INC	1,583,820 (+3.5%)	$366 (+8.8%)	6.6%	$144.27	+58.6%	AMAZON.COM INC	023135106
MRK	MERCK & CO/U	1,193,915 (+1.9%)	$126 (+27.8%)	2.3%	$81.24	+14.8%	Merck & Co Inc	58933Y105
SPGI	S&P GLOBAL INC	212,605 (+23.4%)	$111 (+32.5%)	2.0%	$511.13	-3.3%	S&P GLOBAL INC	78409V104
MSFT	MICROSOFT CORP	1,040,819 (+2.3%)	$503 (-4.5%)	9.1%	$257.21	+94.6%	MICROSOFT CORP	594918104
COST	COSTCO WHOLE	115,633 (+36.5%)	$100 (+27.2%)	1.8%	$683.59	+32.5%	COSTCO WHOLESALE CORP	22160K105
NKE	NIKE INC CL B	1,185,742 (+48.8%)	$76 (+36.0%)	1.4%	$70.88	-8.4%	NIKE INC -CL B	654106103
MDT	MEDTRONIC PLC	1,705,936 (+11.4%)	$164 (+12.4%)	3.0%	$87.30	+11.3%	MEDTRONIC PLC	G5960L103
MSI	MOTOROLA SOL	439,646 (+32.8%)	$169 (+11.3%)	3.0%	$297.00	+34.9%	MOTOROLA SOLUTIONS INC	620076307
MLM	MARTIN MARIETTA	81,029 (+52.3%)	$50 (+50.5%)	0.9%	$577.08	+7.7%	MARTIN MARIETTA MATERIALS	573284106
OTIS	OTIS WORLDWIDE	1,309,160 (+21.9%)	$114 (+16.5%)	2.1%	$82.62	+8.0%	OTIS WORLDWIDE CORP	68902V107
MTD	METTLER INTL	29,848 (+34.6%)	$42 (+52.9%)	0.7%	$1238.72	+12.7%	METTLER-TOLEDO INTERNATIONAL	592688105
SPY	SPDR S&P 500	85,013 (+22.9%)	$58 (+25.8%)	1.0%	$140.68	—	SPDR S&P 500 ETF TRUST	78462F103
MAR	MARRIOTT INTL I	191,585 (+1.4%)	$59 (+20.8%)	1.1%	$265.85	+7.3%	MARRIOTT INTERNATIONAL -CL A	571903202
MCO	MOODY'S CORP	123,837 (+10.9%)	$63 (+18.9%)	1.1%	$479.33	+1.7%	MOODY'S CORP	615369105
NVDA	NVIDIA CORP	1,485,322 (+3.3%)	$277 (+3.2%)	5.0%	$174.66	+6.6%	NVIDIA CORP	67066G104
AVGO	BROADCOM INC	224,598 (+6.1%)	$78 (+11.3%)	1.4%	$308.69	+15.7%	BROADCOM INC	11135F101
META	FACEBOOK INC/U	190,229 (+8.4%)	$126 (-2.6%)	2.3%	$580.32	+15.0%	Facebook Inc - A - Unmanaged	30303M102
QQQ	INVESCO QQQ	4,283 (+161.6%)	$3 (+167.9%)	0.0%	$0.56	—	INVESCO QQQ TRUST SERIES 1	46090E103
CL	COLGATE PALMO/U	776,697 (+3.6%)	$61 (+2.4%)	1.1%	$79.63	-1.7%	Colgate Palmolive Co	194162103
NFLX	NETFLIX INC	43,920 (+877.7%)	$4 (-23.5%)	0.1%	$109.27	-1.3%	NETFLIX INC	64110L106
NOW	SERVICENOW	17,905 (+392.2%)	$3 (-18.1%)	0.0%	$166.93	+2.8%	SERVICENOW INC	81762P102
VERX	VERTEX INC	110,000 (+57.1%)	$2 (+26.6%)	0.0%	$27.95	-22.6%	VERTEX INC - CLASS A	92538J106
APP	APPLOVIN CORP	4,300 (+22.9%)	$3 (+15.2%)	0.1%	$492.57	+27.9%	APPLOVIN CORP-CLASS A	03831W108
ONON	ON HOLDING AG	12,540 (+50.0%)	$1 (+64.4%)	0.0%	$46.09	-6.5%	ON HOLDING AG-CLASS A	H5919C104
BAC	BANK OF AMERICA	30,316 (+7.7%)	$2 (+14.9%)	0.0%	$27.92	+88.6%	BANK OF AMERICA CORP	060505104
CWEN	CLEARWAY-ENERGY	19,770 (+1.4%)	$1 (+19.5%)	0.0%	$28.84	+14.4%	CLEARWAY ENERGY INC-C	18539C204
VTWO	VANGUARD RS 200	4,970 (+13.1%)	$0 (+15.2%)	0.0%	$0.09	—	VANGUARD RUSSELL 2000 ETF	92206C664
PINS	PINTEREST INC	80,000 (+21.4%)	$2 (-2.3%)	0.0%	$30.51	-5.6%	PINTEREST INC- CLASS A	72352L106
BMI	BADGER METER IN	3,250 (+10.2%)	$1 (+7.6%)	0.0%	$214.80	-16.3%	BADGER METER INC	056525108
COTY	COTY INC	64,564 (+32.9%)	$0 (+1.0%)	0.0%	$7.87	-53.8%	COTY INC-CL A	222070203

Exited Positions (5)

EOG EOG RESOURCES 0.3%

Value ($000) $17 Shares 155,125 Est. Cost $42.73 Unrealized +150.9%

VTEB VNGD MUNI 0.0%

Value ($000) $2 Shares 37,500 Est. Cost $0.05 Unrealized —

SCHW SCHWAB CHARLES 0.0%

Value ($000) $0 Shares 2,625 Est. Cost $94.54 Unrealized +0.2%

SLB SCHLUMBERGER LT 0.0%

Value ($000) $0 Shares 5,890 Est. Cost $34.34 Unrealized +5.0%

BA BOEING CO 0.0%

Value ($000) $0 Shares 932 Est. Cost $225.47 Unrealized -8.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EOG	EOG RESOURCES	155,125	$17	0.3%	$42.73	+150.9%	—	26875P101
VTEB	VNGD MUNI	37,500	$2	0.0%	$0.05	—	—	922907746
SCHW	SCHWAB CHARLES	2,625	$0	0.0%	$94.54	+0.2%	—	808513105
SLB	SCHLUMBERGER LT	5,890	$0	0.0%	$34.34	+5.0%	—	806857108
BA	BOEING CO	932	$0	0.0%	$225.47	-8.8%	—	097023105

Decreased Positions (47)

GOOGL ALPHABET INC A 7.3%

Value ($000) $404 (+18.0%) Shares 1,289,893 (-8.4%) Est. Cost $113.77 Unrealized +151.0%

ZTS ZOETIS INC 2.4%

Value ($000) $133 (-18.5%) Shares 1,056,947 (-5.3%) Est. Cost $182.21 Unrealized -28.5%

LLY LILLY ELI & CO 1.4%

Value ($000) $79 (+28.9%) Shares 73,470 (-8.5%) Est. Cost $791.39 Unrealized +20.7%

BRK/B BERKSHR HAT B/U 0.5%

Value ($000) $26 (-39.4%) Shares 50,796 (-39.4%) Est. Cost $329.93 Unrealized +50.8%

ECL ECOLAB INC 1.1%

Value ($000) $62 (-19.1%) Shares 236,685 (-15.6%) Est. Cost $184.06 Unrealized +44.4%

AMAT APPLIED MATLS I 2.4%

Value ($000) $132 (+12.0%) Shares 512,245 (-10.8%) Est. Cost $150.97 Unrealized +58.6%

AAPL APPLE INC/U 6.0%

Value ($000) $336 (+4.2%) Shares 1,234,233 (-2.4%) Est. Cost $188.70 Unrealized +42.2%

BDX BECTON DICKIN/U 1.3%

Value ($000) $73 (-15.7%) Shares 375,553 (-18.7%) Est. Cost $218.67 Unrealized -13.3%

KLAC KLA CORP 1.0%

Value ($000) $54 (-18.0%) Shares 44,705 (-27.2%) Est. Cost $407.51 Unrealized +187.6%

MDLZ MONDELEZ INTL/U 0.7%

Value ($000) $38 (-20.7%) Shares 704,472 (-7.9%) Est. Cost $55.89 Unrealized +2.1%

ICE INTERCONTINEN 1.1%

Value ($000) $62 (-13.8%) Shares 381,922 (-10.3%) Est. Cost $100.66 Unrealized +55.2%

TMUS T-MOBIL US INC 0.6%

Value ($000) $35 (-21.0%) Shares 170,514 (-6.9%) Est. Cost $123.91 Unrealized +70.5%

IDXX IDEXX LABS CORP 0.8%

Value ($000) $43 (-15.2%) Shares 62,997 (-20.0%) Est. Cost $441.28 Unrealized +54.3%

HON HONEYWELL INTL 0.8%

Value ($000) $47 (-11.8%) Shares 239,534 (-4.8%) Est. Cost $167.01 Unrealized +16.8%

GOOG ALPHABET INC C 0.5%

Value ($000) $27 (+26.6%) Shares 85,722 (-1.7%) Est. Cost $108.89 Unrealized +163.0%

CVX CHEVRON CORP/U 0.7%

Value ($000) $39 (-11.3%) Shares 254,176 (-9.7%) Est. Cost $70.53 Unrealized +114.6%

DIS WALT DISNEY CO 0.9%

Value ($000) $51 (-8.7%) Shares 445,278 (-8.1%) Est. Cost $97.46 Unrealized +12.4%

RTX RAYTHEON TECH 3.5%

Value ($000) $193 (+2.5%) Shares 1,052,882 (-6.5%) Est. Cost $77.17 Unrealized +124.6%

PH PARKER HANNIFIN 1.9%

Value ($000) $107 (+4.1%) Shares 122,273 (-10.2%) Est. Cost $735.10 Unrealized +11.2%

SPOT SPOTIFY TECHNOL 0.3%

Value ($000) $19 (-17.8%) Shares 32,570 (-1.2%) Est. Cost $519.53 Unrealized +20.3%

HD HOME DEPOT INC 0.1%

Value ($000) $5 (-39.6%) Shares 14,395 (-28.9%) Est. Cost $244.01 Unrealized +49.4%

MS MORGAN STANLEY 1.6%

Value ($000) $86 (+3.7%) Shares 484,783 (-7.1%) Est. Cost $67.54 Unrealized +146.5%

ROST ROSS STORES INC 1.0%

Value ($000) $57 (+4.8%) Shares 314,943 (-11.4%) Est. Cost $142.18 Unrealized +17.2%

BRK/A BERKSHIRE-HAT A 0.2%

Value ($000) $11 (-16.6%) Shares 15 (-16.7%) Est. Cost $483513.60 Unrealized +54.4%

JPM JPMORGAN CHA/U 1.0%

Value ($000) $55 (-3.8%) Shares 170,072 (-5.8%) Est. Cost $251.31 Unrealized +23.2%

ADBE ADOBE INC 0.5%

Value ($000) $27 (-6.8%) Shares 75,782 (-6.1%) Est. Cost $426.78 Unrealized -20.3%

UBER UBER TECHNOLOGI 0.0%

Value ($000) $2 (-38.1%) Shares 29,000 (-25.8%) Est. Cost $70.51 Unrealized +27.7%

APH AMPHENOL CORP 1.8%

Value ($000) $102 (-1.3%) Shares 754,763 (-9.7%) Est. Cost $44.94 Unrealized +197.2%

AWK AMERICAN WATER 0.0%

Value ($000) $1 (-45.4%) Shares 10,160 (-41.7%) Est. Cost $126.09 Unrealized +5.6%

PG PROCTER & GAM/U 0.1%

Value ($000) $7 (-13.1%) Shares 50,500 (-6.8%) Est. Cost $154.90 Unrealized -5.0%

MU MICRON TECHNOLO 0.1%

Value ($000) $3 (-22.8%) Shares 12,000 (-54.7%) Est. Cost $108.86 Unrealized +110.7%

ARM ARM HOLDINGS PLC 0.0%

Value ($000) $1 (-40.9%) Shares 13,000 (-23.5%) Est. Cost $0.14 Unrealized —

CDNS CADENCE DESIGN 0.0%

Value ($000) $2 (-28.4%) Shares 7,800 (-19.6%) Est. Cost $284.08 Unrealized +14.9%

WFC WELLS FARGO CO 0.9%

Value ($000) $50 (+1.5%) Shares 536,101 (-8.7%) Est. Cost $80.47 Unrealized +7.7%

BALL BALL CORP/U 0.0%

Value ($000) $3 (-20.6%) Shares 51,504 (-24.4%) Est. Cost $77.15 Unrealized -36.4%

VRSK VERISK ANALYTIC 0.1%

Value ($000) $3 (-14.1%) Shares 14,000 (-3.4%) Est. Cost $283.23 Unrealized -20.5%

CARR CARRIER GLOBAL 0.0%

Value ($000) $1 (-37.8%) Shares 13,965 (-29.7%) Est. Cost $33.81 Unrealized +64.2%

CRM SALESFORCE INC 0.2%

Value ($000) $9 (+3.8%) Shares 35,854 (-7.1%) Est. Cost $280.33 Unrealized -11.5%

JCI JOHNSON CTRL IN 0.0%

Value ($000) $2 (-13.6%) Shares 14,075 (-20.7%) Est. Cost $61.32 Unrealized +87.2%

AMD ADV MICRO DEV I 0.1%

Value ($000) $4 (-5.8%) Shares 20,030 (-28.8%) Est. Cost $161.38 Unrealized +39.2%

AXP AMER EXPRESS CO 0.1%

Value ($000) $3 (+9.1%) Shares 7,660 (-2.0%) Est. Cost $133.67 Unrealized +167.1%

SNPS SYNOPSYS INC 0.0%

Value ($000) $3 (-6.4%) Shares 5,800 (-1.7%) Est. Cost $565.46 Unrealized -21.4%

PLD PROLOGIS INC 0.0%

Value ($000) $2 (+7.6%) Shares 18,340 (-3.5%) Est. Cost $107.66 Unrealized +15.0%

JNJ JOHN & JOHN COM 0.0%

Value ($000) $1 (-12.0%) Shares 4,685 (-21.2%) Est. Cost $169.51 Unrealized +16.2%

CI CIGNA GROUP/THE 0.0%

Value ($000) $1 (-10.1%) Shares 3,996 (-5.9%) Est. Cost $298.09 Unrealized -6.3%

HLT HILTON WORLD 0.0%

Value ($000) $2 (+4.3%) Shares 5,630 (-5.9%) Est. Cost $160.32 Unrealized +69.8%

CBOE CBOE GLOBAL 0.0%

Value ($000) $1 (-3.7%) Shares 4,940 (-5.9%) Est. Cost $228.58 Unrealized +8.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC A	1,289,893 (-8.4%)	$404 (+18.0%)	7.3%	$113.77	+151.0%	ALPHABET INC-CL A	02079K305
ZTS	ZOETIS INC	1,056,947 (-5.3%)	$133 (-18.5%)	2.4%	$182.21	-28.5%	ZOETIS INC	98978V103
LLY	LILLY ELI & CO	73,470 (-8.5%)	$79 (+28.9%)	1.4%	$791.39	+20.7%	ELI LILLY & CO	532457108
BRK/B	BERKSHR HAT B/U	50,796 (-39.4%)	$26 (-39.4%)	0.5%	$329.93	+50.8%	Berkshire Hathaway Inc Cl B	084670702
ECL	ECOLAB INC	236,685 (-15.6%)	$62 (-19.1%)	1.1%	$184.06	+44.4%	ECOLAB INC	278865100
AMAT	APPLIED MATLS I	512,245 (-10.8%)	$132 (+12.0%)	2.4%	$150.97	+58.6%	APPLIED MATERIALS INC	038222105
AAPL	APPLE INC/U	1,234,233 (-2.4%)	$336 (+4.2%)	6.0%	$188.70	+42.2%	Apple Inc	037833100
BDX	BECTON DICKIN/U	375,553 (-18.7%)	$73 (-15.7%)	1.3%	$218.67	-13.3%	Becton Dickinson & Co	075887109
KLAC	KLA CORP	44,705 (-27.2%)	$54 (-18.0%)	1.0%	$407.51	+187.6%	KLA CORP	482480100
MDLZ	MONDELEZ INTL/U	704,472 (-7.9%)	$38 (-20.7%)	0.7%	$55.89	+2.1%	Mondelez International Inc	609207105
ICE	INTERCONTINEN	381,922 (-10.3%)	$62 (-13.8%)	1.1%	$100.66	+55.2%	INTERCONTINENTAL EXCHANGE IN	45866F104
TMUS	T-MOBIL US INC	170,514 (-6.9%)	$35 (-21.0%)	0.6%	$123.91	+70.5%	T-MOBILE US INC	872590104
IDXX	IDEXX LABS CORP	62,997 (-20.0%)	$43 (-15.2%)	0.8%	$441.28	+54.3%	IDEXX LABORATORIES INC	45168D104
HON	HONEYWELL INTL	239,534 (-4.8%)	$47 (-11.8%)	0.8%	$167.01	+16.8%	HONEYWELL INTERNATIONAL INC	438516106
GOOG	ALPHABET INC C	85,722 (-1.7%)	$27 (+26.6%)	0.5%	$108.89	+163.0%	ALPHABET INC-CL C	02079K107
CVX	CHEVRON CORP/U	254,176 (-9.7%)	$39 (-11.3%)	0.7%	$70.53	+114.6%	Chevron Corp	166764100
DIS	WALT DISNEY CO	445,278 (-8.1%)	$51 (-8.7%)	0.9%	$97.46	+12.4%	WALT DISNEY CO/THE	254687106
RTX	RAYTHEON TECH	1,052,882 (-6.5%)	$193 (+2.5%)	3.5%	$77.17	+124.6%	RTX CORP	75513E101
PH	PARKER HANNIFIN	122,273 (-10.2%)	$107 (+4.1%)	1.9%	$735.10	+11.2%	PARKER HANNIFIN CORP	701094104
SPOT	SPOTIFY TECHNOL	32,570 (-1.2%)	$19 (-17.8%)	0.3%	$519.53	+20.3%	SPOTIFY TECHNOLOGY SA	L8681T102
HD	HOME DEPOT INC	14,395 (-28.9%)	$5 (-39.6%)	0.1%	$244.01	+49.4%	HOME DEPOT INC	437076102
MS	MORGAN STANLEY	484,783 (-7.1%)	$86 (+3.7%)	1.6%	$67.54	+146.5%	MORGAN STANLEY	617446448
ROST	ROSS STORES INC	314,943 (-11.4%)	$57 (+4.8%)	1.0%	$142.18	+17.2%	ROSS STORES INC	778296103
BRK/A	BERKSHIRE-HAT A	15 (-16.7%)	$11 (-16.6%)	0.2%	$483513.60	+54.4%	BERKSHIRE HATHAWAY INC-CL A	084670108
JPM	JPMORGAN CHA/U	170,072 (-5.8%)	$55 (-3.8%)	1.0%	$251.31	+23.2%	JPMorgan Chase & Co	46625H100
ADBE	ADOBE INC	75,782 (-6.1%)	$27 (-6.8%)	0.5%	$426.78	-20.3%	ADOBE INC	00724F101
UBER	UBER TECHNOLOGI	29,000 (-25.8%)	$2 (-38.1%)	0.0%	$70.51	+27.7%	UBER TECHNOLOGIES INC	90353T100
APH	AMPHENOL CORP	754,763 (-9.7%)	$102 (-1.3%)	1.8%	$44.94	+197.2%	AMPHENOL CORP-CL A	032095101
AWK	AMERICAN WATER	10,160 (-41.7%)	$1 (-45.4%)	0.0%	$126.09	+5.6%	AMERICAN WATER WORKS CO INC	030420103
PG	PROCTER & GAM/U	50,500 (-6.8%)	$7 (-13.1%)	0.1%	$154.90	-5.0%	Procter & Gamble Co	742718109
MU	MICRON TECHNOLO	12,000 (-54.7%)	$3 (-22.8%)	0.1%	$108.86	+110.7%	MICRON TECHNOLOGY INC	595112103
ARM	ARM HOLDINGS PLC	13,000 (-23.5%)	$1 (-40.9%)	0.0%	$0.14	—	ARM HOLDINGS PLC-ADR	042068205
CDNS	CADENCE DESIGN	7,800 (-19.6%)	$2 (-28.4%)	0.0%	$284.08	+14.9%	CADENCE DESIGN SYS INC	127387108
WFC	WELLS FARGO CO	536,101 (-8.7%)	$50 (+1.5%)	0.9%	$80.47	+7.7%	WELLS FARGO & CO	949746101
BALL	BALL CORP/U	51,504 (-24.4%)	$3 (-20.6%)	0.0%	$77.15	-36.4%	Ball Corp	058498106
VRSK	VERISK ANALYTIC	14,000 (-3.4%)	$3 (-14.1%)	0.1%	$283.23	-20.5%	VERISK ANALYTICS INC	92345Y106
CARR	CARRIER GLOBAL	13,965 (-29.7%)	$1 (-37.8%)	0.0%	$33.81	+64.2%	CARRIER GLOBAL CORP	14448C104
CRM	SALESFORCE INC	35,854 (-7.1%)	$9 (+3.8%)	0.2%	$280.33	-11.5%	SALESFORCE INC	79466L302
JCI	JOHNSON CTRL IN	14,075 (-20.7%)	$2 (-13.6%)	0.0%	$61.32	+87.2%	JOHNSON CONTROLS INTERNATION	G51502105
AMD	ADV MICRO DEV I	20,030 (-28.8%)	$4 (-5.8%)	0.1%	$161.38	+39.2%	ADVANCED MICRO DEVICES	007903107
AXP	AMER EXPRESS CO	7,660 (-2.0%)	$3 (+9.1%)	0.1%	$133.67	+167.1%	AMERICAN EXPRESS CO	025816109
SNPS	SYNOPSYS INC	5,800 (-1.7%)	$3 (-6.4%)	0.0%	$565.46	-21.4%	SYNOPSYS INC	871607107
PLD	PROLOGIS INC	18,340 (-3.5%)	$2 (+7.6%)	0.0%	$107.66	+15.0%	PROLOGIS INC	74340W103
JNJ	JOHN & JOHN COM	4,685 (-21.2%)	$1 (-12.0%)	0.0%	$169.51	+16.2%	JOHNSON & JOHNSON	478160104
CI	CIGNA GROUP/THE	3,996 (-5.9%)	$1 (-10.1%)	0.0%	$298.09	-6.3%	THE CIGNA GROUP	125523100
HLT	HILTON WORLD	5,630 (-5.9%)	$2 (+4.3%)	0.0%	$160.32	+69.8%	HILTON WORLDWIDE HOLDINGS IN	43300A203
CBOE	CBOE GLOBAL	4,940 (-5.9%)	$1 (-3.7%)	0.0%	$228.58	+8.8%	CBOE GLOBAL MARKETS INC	12503M108

Unchanged Positions (27)

TYL TYLER TECHNOLOG 0.0%

Value ($000) $2 Shares 5,000 Est. Cost $563.33 Unrealized -15.4%

ORCL ORACLE CORP/U 0.0%

Value ($000) $0 Shares 2,400 Est. Cost $100.39 Unrealized +137.1%

FSLR FIRST SOLAR INC 0.0%

Value ($000) $1 Shares 4,390 Est. Cost $181.55 Unrealized +38.9%

OC OWENS CORNING 0.0%

Value ($000) $1 Shares 4,850 Est. Cost $161.89 Unrealized -27.5%

NXT NEXTRACKER INC-CL A 0.0%

Value ($000) $1 Shares 10,850 Est. Cost $48.33 Unrealized +87.6%

IOT Samsara Inc 0.0%

Value ($000) $2 Shares 60,000 Est. Cost $37.14 Unrealized +4.2%

XYL XYLEM INC 0.0%

Value ($000) $1 Shares 8,350 Est. Cost $130.57 Unrealized +10.0%

OLED UNIVERSAL DISPL 0.0%

Value ($000) $0 Shares 3,000 Est. Cost $138.68 Unrealized -6.8%

CVS CVS HEALTH CORP 0.0%

Value ($000) $1 Shares 16,075 Est. Cost $65.48 Unrealized +20.1%

BABA ALIBABA GRP ADR 0.0%

Value ($000) $0 Shares 1,625 Est. Cost $0.18 Unrealized —

IVV iSHR CORE S&P 0.0%

Value ($000) $2 Shares 3,150 Est. Cost $0.43 Unrealized —

XOM EXXON MOBIL/U 0.0%

Value ($000) $1 Shares 5,150 Est. Cost $98.09 Unrealized +17.7%

SYK STRYKER CORP 0.0%

Value ($000) $1 Shares 2,000 Est. Cost $214.57 Unrealized +69.4%

AYI ACUITY BRANDS 0.0%

Value ($000) $1 Shares 2,000 Est. Cost $258.41 Unrealized +39.8%

IBM INTL BUS MACH 0.0%

Value ($000) $1 Shares 2,078 Est. Cost $203.91 Unrealized +46.5%

KO COCA COLA CO 0.0%

Value ($000) $1 Shares 8,000 Est. Cost $54.56 Unrealized +27.2%

PWR QUANTA SERVICES 0.0%

Value ($000) $1 Shares 3,070 Est. Cost $274.18 Unrealized +60.2%

GS GOLDMAN SACHS 0.0%

Value ($000) $0 Shares 284 Est. Cost $734.84 Unrealized +10.7%

ABT ABBOTT LABS/U 0.0%

Value ($000) $0 Shares 2,500 Est. Cost $101.26 Unrealized +25.7%

LAZ LAZARD INC 0.0%

Value ($000) $0 Shares 4,500 Est. Cost $53.93 Unrealized -7.5%

TSLA TESLA INC 0.0%

Value ($000) $1 Shares 1,310 Est. Cost $242.39 Unrealized +82.9%

IJH iSHR CORE SP MC 0.0%

Value ($000) $1 Shares 9,050 Est. Cost $0.07 Unrealized —

IJR iSHR CORE SP SC 0.0%

Value ($000) $1 Shares 4,602 Est. Cost $0.09 Unrealized —

PEP PEPSICO INC 0.0%

Value ($000) $0 Shares 1,665 Est. Cost $140.43 Unrealized +3.9%

CLH CLEAN HARBORS 0.0%

Value ($000) $0 Shares 2,040 Est. Cost $212.43 Unrealized +7.6%

WM WASTE MGMT INC 0.0%

Value ($000) $1 Shares 3,842 Est. Cost $223.68 Unrealized -5.0%

TTEK TETRA TECH INC 0.0%

Value ($000) $1 Shares 25,830 Est. Cost $37.04 Unrealized -8.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TYL	TYLER TECHNOLOG	5,000	$2	0.0%	$563.33	-15.4%	TYLER TECHNOLOGIES INC	902252105
ORCL	ORACLE CORP/U	2,400	$0	0.0%	$100.39	+137.1%	Oracle Corp	68389X105
FSLR	FIRST SOLAR INC	4,390	$1	0.0%	$181.55	+38.9%	FIRST SOLAR INC	336433107
OC	OWENS CORNING	4,850	$1	0.0%	$161.89	-27.5%	OWENS CORNING	690742101
NXT	NEXTRACKER INC-CL A	10,850	$1	0.0%	$48.33	+87.6%	NEXTPOWER INC-CL A	65290E101
IOT	Samsara Inc	60,000	$2	0.0%	$37.14	+4.2%	SAMSARA INC-CL A	79589L106
XYL	XYLEM INC	8,350	$1	0.0%	$130.57	+10.0%	XYLEM INC	98419M100
OLED	UNIVERSAL DISPL	3,000	$0	0.0%	$138.68	-6.8%	UNIVERSAL DISPLAY CORP	91347P105
CVS	CVS HEALTH CORP	16,075	$1	0.0%	$65.48	+20.1%	CVS HEALTH CORP	126650100
BABA	ALIBABA GRP ADR	1,625	$0	0.0%	$0.18	—	ALIBABA GROUP HOLDING-SP ADR	01609W102
IVV	iSHR CORE S&P	3,150	$2	0.0%	$0.43	—	ISHARES CORE S&P 500 ETF	464287200
XOM	EXXON MOBIL/U	5,150	$1	0.0%	$98.09	+17.7%	Exxon Mobil Corp	30231G102
SYK	STRYKER CORP	2,000	$1	0.0%	$214.57	+69.4%	STRYKER CORP	863667101
AYI	ACUITY BRANDS	2,000	$1	0.0%	$258.41	+39.8%	ACUITY INC	00508Y102
IBM	INTL BUS MACH	2,078	$1	0.0%	$203.91	+46.5%	INTL BUSINESS MACHINES CORP	459200101
KO	COCA COLA CO	8,000	$1	0.0%	$54.56	+27.2%	COCA-COLA CO/THE	191216100
PWR	QUANTA SERVICES	3,070	$1	0.0%	$274.18	+60.2%	QUANTA SERVICES INC	74762E102
GS	GOLDMAN SACHS	284	$0	0.0%	$734.84	+10.7%	GOLDMAN SACHS GROUP INC	38141G104
ABT	ABBOTT LABS/U	2,500	$0	0.0%	$101.26	+25.7%	Abbott Laboratories	002824100
LAZ	LAZARD INC	4,500	$0	0.0%	$53.93	-7.5%	LAZARD INC	52110M109
TSLA	TESLA INC	1,310	$1	0.0%	$242.39	+82.9%	TESLA INC	88160R101
IJH	iSHR CORE SP MC	9,050	$1	0.0%	$0.07	—	ISHARES CORE S&P MIDCAP ETF	464287507
IJR	iSHR CORE SP SC	4,602	$1	0.0%	$0.09	—	ISHARES CORE S&P SMALL-CAP E	464287804
PEP	PEPSICO INC	1,665	$0	0.0%	$140.43	+3.9%	PEPSICO INC	713448108
CLH	CLEAN HARBORS	2,040	$0	0.0%	$212.43	+7.6%	CLEAN HARBORS INC	184496107
WM	WASTE MGMT INC	3,842	$1	0.0%	$223.68	-5.0%	WASTE MANAGEMENT INC	94106L109
TTEK	TETRA TECH INC	25,830	$1	0.0%	$37.04	-8.7%	TETRA TECH INC	88162G103