Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
NU	NU HLDGS LTD	1,813,176	$22.95M	0.7%	$12.66	$14.18	-10.7%	ORD SHS CL A	G6683N103
CMG	CHIPOTLE MEXICAN GRILL INC	534,263	$17.07M	0.5%	$31.95	$34.66	-7.8%	COM	169656105
AMRZ	AMRIZE LTD	172,300	$6.442M	0.2%	$37.39	$45.62	-18.0%	SHS	H2927K103
GE	GE AEROSPACE	14,800	$4.622M	0.1%	$312.29	$346.42	-9.9%	COM NEW	369604301
PEP	PEPSICO INC	25,500	$3.231M	0.1%	$126.72	$137.75	-8.0%	COM	713448108
SCHW	CHARLES SCHWAB CORP (THE)	15,200	$1.486M	0.0%	$97.74	$105.29	-7.2%	COM	808513105
TJX	TJX COS INC NEW	10,000	$1.324M	0.0%	$132.37	$144.23	-8.3%	COM	872540109
MBGL	MOBILITY GLOBAL INC	8,667	$149K	0.0%	$17.15	$20.11	-14.7%	COM SHS	60744M106

Increased Positions (82)

AAPL APPLE INC 4.3%

Value $148M (+61.1%) Shares 445,414 (+39.9%) Share Price $333.02 Est. Cost/Share $265.94 Unrealized @ Report Date +25.2%

NVDA NVIDIA CORP 6.1%

Value $209M (+27.0%) Shares 916,397 (+11.2%) Share Price $228.38 Est. Cost/Share $171.87 Unrealized @ Report Date +32.9%

LLY ELI LILLY & CO 1.3%

Value $43.02M (+148.2%) Shares 37,181 (+157.3%) Share Price $1157.08 Est. Cost/Share $1062.10 Unrealized @ Report Date +8.9%

SPGI S&P GLOBAL INC 1.5%

Value $53.27M (+82.7%) Shares 135,041 (+88.6%) Share Price $394.47 Est. Cost/Share $427.88 Unrealized @ Report Date -7.8%

NEE NEXTERA ENERGY INC 2.1%

Value $72.76M (+42.2%) Shares 960,670 (+64.8%) Share Price $75.74 Est. Cost/Share $75.34 Unrealized @ Report Date +0.5%

TYL TYLER TECHNOLOGIES INC 0.8%

Value $28.82M (+282.3%) Shares 90,468 (+251.0%) Share Price $318.60 Est. Cost/Share $341.71 Unrealized @ Report Date -6.8%

TRGP TARGA RES CORP 1.2%

Value $40.54M (+101.6%) Shares 149,969 (+99.9%) Share Price $270.31 Est. Cost/Share $268.45 Unrealized @ Report Date +0.7%

AVGO AVAGO TECHNOLOGIES LTD 2.4%

Value $83.32M (+32.4%) Shares 237,245 (+42.4%) Share Price $351.19 Est. Cost/Share $240.51 Unrealized @ Report Date +46.0%

WBD WARNER BROS DISCOVERY INC 1.2%

Value $42.72M (+78.0%) Shares 1,380,132 (+53.4%) Share Price $30.95 Est. Cost/Share $18.34 Unrealized @ Report Date +68.8%

TSM TAIWAN SEMICONDUCTOR MANUFAC 1.4%

Value $47.65M (+51.2%) Shares 104,459 (+58.3%) Share Price $456.19 Est. Cost/Share $397.45 Unrealized @ Report Date +14.8%

MLM MARTIN MARIETTA MATLS INC 1.0%

Value $33.24M (+82.1%) Shares 69,263 (+118.9%) Share Price $479.84 Est. Cost/Share $549.43 Unrealized @ Report Date -12.7%

AXP AMERICAN EXPRESS CO 1.4%

Value $46.46M (+42.6%) Shares 152,772 (+58.6%) Share Price $304.12 Est. Cost/Share $338.82 Unrealized @ Report Date -10.2%

AJG GALLAGHER ARTHUR J & CO 1.6%

Value $53.96M (+29.8%) Shares 236,537 (+30.7%) Share Price $228.11 Est. Cost/Share $261.84 Unrealized @ Report Date -12.9%

KKR KKR & CO INC 1.2%

Value $41.53M (+38.8%) Shares 454,906 (+39.5%) Share Price $91.30 Est. Cost/Share $120.51 Unrealized @ Report Date -24.2%

JPM JPMORGAN CHASE & CO 1.8%

Value $60.99M (+22.6%) Shares 184,343 (+21.3%) Share Price $330.83 Est. Cost/Share $264.87 Unrealized @ Report Date +24.9%

V VISA INC 1.5%

Value $50.77M (+24.9%) Shares 141,297 (+19.2%) Share Price $359.33 Est. Cost/Share $324.07 Unrealized @ Report Date +10.9%

WMB WILLIAMS COS INC 1.6%

Value $54.42M (+17.3%) Shares 800,657 (+28.3%) Share Price $67.97 Est. Cost/Share $64.30 Unrealized @ Report Date +5.7%

PAC GRUPO AEROPUERTO DEL PACIFIC 0.8%

Value $29.11M (+36.2%) Shares 141,734 (+67.9%) Share Price $205.41 Est. Cost/Share $225.60 Unrealized @ Report Date -8.9%

IBP INSTALLED BLDG PRODS INC 0.4%

Value $13.65M (+105.0%) Shares 71,120 (+145.5%) Share Price $191.88 Est. Cost/Share $222.24 Unrealized @ Report Date -13.7%

GOOG ALPHABET INC 0.8%

Value $27.72M (+20.1%) Shares 81,367 (+24.6%) Share Price $340.74 Est. Cost/Share $208.99 Unrealized @ Report Date +63.0%

MRK MERCK & CO INC 0.7%

Value $24M (+23.6%) Shares 165,132 (+9.3%) Share Price $145.36 Est. Cost/Share $102.05 Unrealized @ Report Date +42.4%

EQIX EQUINIX INC 0.8%

Value $28.18M (+17.2%) Shares 27,859 (+20.8%) Share Price $1011.58 Est. Cost/Share $906.88 Unrealized @ Report Date —

COST COSTCO WHSL CORP NEW 0.2%

Value $6.699M (+142.0%) Shares 7,359 (+148.7%) Share Price $910.34 Est. Cost/Share $958.81 Unrealized @ Report Date -5.1%

KO COCA COLA CO 0.2%

Value $5.285M (+261.3%) Shares 61,400 (+241.1%) Share Price $86.08 Est. Cost/Share $84.46 Unrealized @ Report Date +1.9%

JNJ JOHNSON & JOHNSON 0.9%

Value $31.61M (+13.0%) Shares 119,389 (+8.4%) Share Price $264.74 Est. Cost/Share $158.49 Unrealized @ Report Date +67.0%

WMT WALMART INC 0.3%

Value $8.696M (+71.1%) Shares 83,682 (+86.4%) Share Price $103.92 Est. Cost/Share $117.49 Unrealized @ Report Date -11.5%

NEM NEWMONT MINING CORP 0.3%

Value $10.1M (+53.3%) Shares 87,533 (+24.1%) Share Price $115.34 Est. Cost/Share $57.71 Unrealized @ Report Date +99.9%

WFC WELLS FARGO CO NEW 0.2%

Value $5.4M (+175.6%) Shares 67,412 (+184.3%) Share Price $80.11 Est. Cost/Share $84.37 Unrealized @ Report Date -5.1%

ABBV ABBVIE INC 0.8%

Value $28.52M (+13.6%) Shares 108,940 (+9.2%) Share Price $261.82 Est. Cost/Share $184.08 Unrealized @ Report Date +42.1%

GS GOLDMAN SACHS GROUP INC 0.1%

Value $5.062M (+208.6%) Shares 5,622 (+246.6%) Share Price $900.36 Est. Cost/Share $939.97 Unrealized @ Report Date -4.2%

PFE PFIZER INC 0.3%

Value $11.03M (+41.1%) Shares 386,451 (+19.1%) Share Price $28.53 Est. Cost/Share $25.35 Unrealized @ Report Date +12.5%

GILD GILEAD SCIENCES INC 0.3%

Value $10.67M (+41.7%) Shares 71,571 (+20.1%) Share Price $149.05 Est. Cost/Share $95.94 Unrealized @ Report Date +55.4%

AMGN AMGEN INC 0.3%

Value $11.91M (+35.6%) Shares 28,245 (+16.5%) Share Price $421.51 Est. Cost/Share $301.98 Unrealized @ Report Date +39.6%

AMD ADVANCED MICRO DEVICES 0.3%

Value $8.882M (+50.5%) Shares 14,519 (+42.9%) Share Price $611.76 Est. Cost/Share $329.72 Unrealized @ Report Date +85.5%

MS MORGAN STANLEY 0.2%

Value $5.302M (+124.8%) Shares 28,185 (+149.8%) Share Price $188.12 Est. Cost/Share $191.80 Unrealized @ Report Date -1.9%

VZ VERIZON COMMUNICATIONS INC 0.5%

Value $17.79M (+18.4%) Shares 387,835 (+9.3%) Share Price $45.87 Est. Cost/Share $40.05 Unrealized @ Report Date +14.5%

BLK BLACKROCK INC 0.2%

Value $6.666M (+61.3%) Shares 6,299 (+46.5%) Share Price $1058.29 Est. Cost/Share $1003.22 Unrealized @ Report Date +5.5%

DIS DISNEY WALT CO 0.1%

Value $4.214M (+117.1%) Shares 40,165 (+99.2%) Share Price $104.91 Est. Cost/Share $103.00 Unrealized @ Report Date +1.8%

BDX BECTON DICKINSON & CO 0.1%

Value $4.752M (+89.8%) Shares 26,545 (+60.4%) Share Price $179.00 Est. Cost/Share $205.81 Unrealized @ Report Date -13.0%

DE DEERE & CO 0.2%

Value $6.044M (+58.8%) Shares 9,000 (+50.0%) Share Price $671.55 Est. Cost/Share $505.80 Unrealized @ Report Date +32.8%

HD HOME DEPOT INC 0.4%

Value $15.26M (-11.9%) Shares 53,627 (+9.2%) Share Price $284.49 Est. Cost/Share $391.48 Unrealized @ Report Date -27.3%

ABT ABBOTT LABS 0.2%

Value $7.443M (+38.3%) Shares 75,326 (+27.0%) Share Price $98.81 Est. Cost/Share $111.44 Unrealized @ Report Date -11.3%

MDT MEDTRONIC PLC 0.2%

Value $5.898M (+52.8%) Shares 68,347 (+38.5%) Share Price $86.29 Est. Cost/Share $85.04 Unrealized @ Report Date +1.5%

NUE NUCOR CORP 0.5%

Value $17.32M (+12.9%) Shares 74,076 (+7.5%) Share Price $233.75 Est. Cost/Share $148.54 Unrealized @ Report Date +57.4%

MCD MCDONALDS CORP 0.1%

Value $4.325M (+83.3%) Shares 18,726 (+114.6%) Share Price $230.94 Est. Cost/Share $275.38 Unrealized @ Report Date -16.1%

MCK MCKESSON CORP 0.3%

Value $10.16M (+23.4%) Shares 11,895 (+9.2%) Share Price $853.81 Est. Cost/Share $762.93 Unrealized @ Report Date +11.9%

HPE HEWLETT PACKARD ENTERPRISE C 0.1%

Value $4.325M (+78.6%) Shares 67,694 (+26.1%) Share Price $63.89 Est. Cost/Share $28.31 Unrealized @ Report Date +125.7%

LYB LYONDELLBASELL INDUSTRIES N 0.2%

Value $6.017M (+43.3%) Shares 104,727 (+31.4%) Share Price $57.45 Est. Cost/Share $72.23 Unrealized @ Report Date -20.4%

HCA HCA HOLDINGS INC 0.3%

Value $10.85M (+19.8%) Shares 25,424 (+9.5%) Share Price $426.74 Est. Cost/Share $368.27 Unrealized @ Report Date +15.9%

C CITIGROUP INC 0.1%

Value $4.088M (+66.3%) Shares 31,558 (+79.7%) Share Price $129.53 Est. Cost/Share $117.73 Unrealized @ Report Date +10.0%

AMP AMERIPRISE FINL INC 0.3%

Value $10.88M (+17.4%) Shares 22,104 (+9.4%) Share Price $492.15 Est. Cost/Share $527.34 Unrealized @ Report Date -6.6%

BK BANK OF NY MELLON CORP 0.5%

Value $18.18M (+9.3%) Shares 125,719 (+9.3%) Share Price $144.63 Est. Cost/Share $81.40 Unrealized @ Report Date —

MMM 3M CO 0.2%

Value $5.87M (+35.6%) Shares 35,736 (+33.7%) Share Price $164.26 Est. Cost/Share $139.00 Unrealized @ Report Date +18.1%

DOW DOW INC 0.1%

Value $4.602M (+46.1%) Shares 167,112 (+45.2%) Share Price $27.54 Est. Cost/Share $38.84 Unrealized @ Report Date -29.1%

HLT HILTON WORLDWIDE HLDGS INC 0.2%

Value $6.681M (+26.3%) Shares 21,001 (+31.2%) Share Price $318.12 Est. Cost/Share $262.33 Unrealized @ Report Date +21.3%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.8%

Value $28.43M (+5.1%) Shares 57,037 (+5.6%) Share Price $498.41 Est. Cost/Share $463.98 Unrealized @ Report Date +7.3%

TRV TRAVELERS COMPANIES INC 0.3%

Value $8.996M (+17.8%) Shares 25,234 (+9.1%) Share Price $356.51 Est. Cost/Share $254.96 Unrealized @ Report Date +39.8%

KDP KEURIG DR PEPPER INC 0.1%

Value $4.407M (+44.4%) Shares 145,252 (+55.8%) Share Price $30.34 Est. Cost/Share $32.09 Unrealized @ Report Date -5.5%

WAB WABTEC 0.3%

Value $9.56M (+16.4%) Shares 33,273 (+9.2%) Share Price $287.31 Est. Cost/Share $200.23 Unrealized @ Report Date +43.4%

DD DUPONT DE NEMOURS INC 0.1%

Value $3.972M (+49.6%) Shares 30,577 (+56.2%) Share Price $129.89 Est. Cost/Share $133.57 Unrealized @ Report Date —

BAC BANK AMER CORP 0.3%

Value $10.49M (+13.1%) Shares 192,734 (+18.4%) Share Price $54.43 Est. Cost/Share $45.64 Unrealized @ Report Date +19.2%

KMB KIMBERLY CLARK CORP 0.1%

Value $3.565M (+50.4%) Shares 36,593 (+69.5%) Share Price $97.43 Est. Cost/Share $120.54 Unrealized @ Report Date -19.2%

NSC NORFOLK SOUTHERN CORP 0.1%

Value $3.986M (+42.6%) Shares 12,885 (+45.0%) Share Price $309.39 Est. Cost/Share $274.15 Unrealized @ Report Date +12.7%

HUM HUMANA INC 1.0%

Value $33.97M (+3.5%) Shares 88,947 (+7.7%) Share Price $381.89 Est. Cost/Share $271.42 Unrealized @ Report Date +40.6%

CTVA CORTEVA INC 0.1%

Value $4.811M (+29.3%) Shares 61,937 (+41.0%) Share Price $77.68 Est. Cost/Share $65.49 Unrealized @ Report Date +18.6%

CVS CVS HEALTH CORP 0.3%

Value $9.122M (-9.5%) Shares 106,450 (+9.2%) Share Price $85.69 Est. Cost/Share $57.39 Unrealized @ Report Date +49.3%

UPS UNITED PARCEL SERVICE INC 0.1%

Value $4.229M (+25.9%) Shares 45,258 (+44.8%) Share Price $93.45 Est. Cost/Share $116.97 Unrealized @ Report Date -20.1%

LOW LOWES COS INC 0.2%

Value $8.58M (-8.7%) Shares 46,543 (+9.1%) Share Price $184.35 Est. Cost/Share $257.02 Unrealized @ Report Date -28.3%

PH PARKER HANNIFIN CORP 0.4%

Value $14.81M (+5.9%) Shares 15,499 (+8.4%) Share Price $955.42 Est. Cost/Share $680.43 Unrealized @ Report Date +40.4%

MDLZ MONDELEZ INTL INC 0.3%

Value $9.716M (+9.2%) Shares 168,040 (+9.2%) Share Price $57.82 Est. Cost/Share $63.43 Unrealized @ Report Date -8.8%

STZ CONSTELLATION BRANDS INC 0.1%

Value $3.767M (+27.1%) Shares 33,311 (+56.3%) Share Price $113.08 Est. Cost/Share $194.44 Unrealized @ Report Date -41.9%

DOV DOVER CORP 0.1%

Value $4.986M (+19.2%) Shares 26,657 (+42.9%) Share Price $187.05 Est. Cost/Share $195.65 Unrealized @ Report Date -4.4%

DHI D R HORTON INC 0.2%

Value $5.657M (+14.3%) Shares 41,401 (+36.2%) Share Price $136.65 Est. Cost/Share $159.89 Unrealized @ Report Date -14.5%

CI THE CIGNA GROUP 0.3%

Value $9.199M (+7.8%) Shares 33,842 (+9.4%) Share Price $271.83 Est. Cost/Share $308.86 Unrealized @ Report Date -12.0%

UNH UNITEDHEALTH GROUP INC 0.5%

Value $18.49M (-3.4%) Shares 50,362 (+9.3%) Share Price $367.08 Est. Cost/Share $540.05 Unrealized @ Report Date -32.0%

PNC PNC FINL SVCS GROUP INC 0.2%

Value $7.615M (+9.4%) Shares 34,263 (+21.2%) Share Price $222.26 Est. Cost/Share $199.08 Unrealized @ Report Date +11.6%

HDB HDFC BANK LTD 0.5%

Value $16.65M (-3.2%) Shares 745,416 (+11.9%) Share Price $22.34 Est. Cost/Share $24.92 Unrealized @ Report Date -10.4%

EXC EXELON CORP 0.3%

Value $9.043M (-5.3%) Shares 223,844 (+9.3%) Share Price $40.40 Est. Cost/Share $37.89 Unrealized @ Report Date +6.6%

AFL AFLAC INC 0.3%

Value $10.34M (+4.1%) Shares 92,461 (+9.2%) Share Price $111.78 Est. Cost/Share $107.56 Unrealized @ Report Date +3.9%

SRE SEMPRA ENERGY 0.2%

Value $6.358M (+6.3%) Shares 81,547 (+26.3%) Share Price $77.97 Est. Cost/Share $84.78 Unrealized @ Report Date -8.0%

VRT VERTIV HOLDINGS CO 0.1%

Value $3.45M (+10.8%) Shares 14,298 (+53.8%) Share Price $241.31 Est. Cost/Share $181.96 Unrealized @ Report Date +32.6%

PPL PPL CORP 0.3%

Value $9.707M (-1.1%) Shares 295,148 (+9.3%) Share Price $32.89 Est. Cost/Share $31.98 Unrealized @ Report Date +2.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AAPL	APPLE INC	445,414 (+39.9%)	$148M (+61.1%)	4.3%	$333.02	$265.94	+25.2%	COM	037833100
NVDA	NVIDIA CORP	916,397 (+11.2%)	$209M (+27.0%)	6.1%	$228.38	$171.87	+32.9%	COM	67066G104
LLY	ELI LILLY & CO	37,181 (+157.3%)	$43.02M (+148.2%)	1.3%	$1157.08	$1062.10	+8.9%	COM	532457108
SPGI	S&P GLOBAL INC	135,041 (+88.6%)	$53.27M (+82.7%)	1.5%	$394.47	$427.88	-7.8%	COM	78409V104
NEE	NEXTERA ENERGY INC	960,670 (+64.8%)	$72.76M (+42.2%)	2.1%	$75.74	$75.34	+0.5%	COM	65339F101
TYL	TYLER TECHNOLOGIES INC	90,468 (+251.0%)	$28.82M (+282.3%)	0.8%	$318.60	$341.71	-6.8%	COM	902252105
TRGP	TARGA RES CORP	149,969 (+99.9%)	$40.54M (+101.6%)	1.2%	$270.31	$268.45	+0.7%	COM	87612G101
AVGO	AVAGO TECHNOLOGIES LTD	237,245 (+42.4%)	$83.32M (+32.4%)	2.4%	$351.19	$240.51	+46.0%	SHS	11135F101
WBD	WARNER BROS DISCOVERY INC	1,380,132 (+53.4%)	$42.72M (+78.0%)	1.2%	$30.95	$18.34	+68.8%	COM SER A	934423104
TSM	TAIWAN SEMICONDUCTOR MANUFAC	104,459 (+58.3%)	$47.65M (+51.2%)	1.4%	$456.19	$397.45	+14.8%	SPONSORED ADS	874039100
MLM	MARTIN MARIETTA MATLS INC	69,263 (+118.9%)	$33.24M (+82.1%)	1.0%	$479.84	$549.43	-12.7%	COM	573284106
AXP	AMERICAN EXPRESS CO	152,772 (+58.6%)	$46.46M (+42.6%)	1.4%	$304.12	$338.82	-10.2%	COM	025816109
AJG	GALLAGHER ARTHUR J & CO	236,537 (+30.7%)	$53.96M (+29.8%)	1.6%	$228.11	$261.84	-12.9%	COM	363576109
KKR	KKR & CO INC	454,906 (+39.5%)	$41.53M (+38.8%)	1.2%	$91.30	$120.51	-24.2%	COM	48251W104
JPM	JPMORGAN CHASE & CO	184,343 (+21.3%)	$60.99M (+22.6%)	1.8%	$330.83	$264.87	+24.9%	COM	46625H100
V	VISA INC	141,297 (+19.2%)	$50.77M (+24.9%)	1.5%	$359.33	$324.07	+10.9%	COM CL A	92826C839
WMB	WILLIAMS COS INC	800,657 (+28.3%)	$54.42M (+17.3%)	1.6%	$67.97	$64.30	+5.7%	COM	969457100
PAC	GRUPO AEROPUERTO DEL PACIFIC	141,734 (+67.9%)	$29.11M (+36.2%)	0.8%	$205.41	$225.60	-8.9%	SPON ADS B	400506101
IBP	INSTALLED BLDG PRODS INC	71,120 (+145.5%)	$13.65M (+105.0%)	0.4%	$191.88	$222.24	-13.7%	COM	45780R101
GOOG	ALPHABET INC	81,367 (+24.6%)	$27.72M (+20.1%)	0.8%	$340.74	$208.99	+63.0%	CAP STK CL C	02079K107
MRK	MERCK & CO INC	165,132 (+9.3%)	$24M (+23.6%)	0.7%	$145.36	$102.05	+42.4%	COM	58933Y105
EQIX	EQUINIX INC	27,859 (+20.8%)	$28.18M (+17.2%)	0.8%	$1011.58	$906.88	—	COM	29444U700
COST	COSTCO WHSL CORP NEW	7,359 (+148.7%)	$6.699M (+142.0%)	0.2%	$910.34	$958.81	-5.1%	COM	22160K105
KO	COCA COLA CO	61,400 (+241.1%)	$5.285M (+261.3%)	0.2%	$86.08	$84.46	+1.9%	COM	191216100
JNJ	JOHNSON & JOHNSON	119,389 (+8.4%)	$31.61M (+13.0%)	0.9%	$264.74	$158.49	+67.0%	COM	478160104
WMT	WALMART INC	83,682 (+86.4%)	$8.696M (+71.1%)	0.3%	$103.92	$117.49	-11.5%	COM	931142103
NEM	NEWMONT MINING CORP	87,533 (+24.1%)	$10.1M (+53.3%)	0.3%	$115.34	$57.71	+99.9%	COM	651639106
WFC	WELLS FARGO CO NEW	67,412 (+184.3%)	$5.4M (+175.6%)	0.2%	$80.11	$84.37	-5.1%	COM	949746101
ABBV	ABBVIE INC	108,940 (+9.2%)	$28.52M (+13.6%)	0.8%	$261.82	$184.08	+42.1%	COM	00287Y109
GS	GOLDMAN SACHS GROUP INC	5,622 (+246.6%)	$5.062M (+208.6%)	0.1%	$900.36	$939.97	-4.2%	COM	38141G104
PFE	PFIZER INC	386,451 (+19.1%)	$11.03M (+41.1%)	0.3%	$28.53	$25.35	+12.5%	COM	717081103
GILD	GILEAD SCIENCES INC	71,571 (+20.1%)	$10.67M (+41.7%)	0.3%	$149.05	$95.94	+55.4%	COM	375558103
AMGN	AMGEN INC	28,245 (+16.5%)	$11.91M (+35.6%)	0.3%	$421.51	$301.98	+39.6%	COM	031162100
AMD	ADVANCED MICRO DEVICES	14,519 (+42.9%)	$8.882M (+50.5%)	0.3%	$611.76	$329.72	+85.5%	COM	007903107
MS	MORGAN STANLEY	28,185 (+149.8%)	$5.302M (+124.8%)	0.2%	$188.12	$191.80	-1.9%	COM NEW	617446448
VZ	VERIZON COMMUNICATIONS INC	387,835 (+9.3%)	$17.79M (+18.4%)	0.5%	$45.87	$40.05	+14.5%	COM	92343V104
BLK	BLACKROCK INC	6,299 (+46.5%)	$6.666M (+61.3%)	0.2%	$1058.29	$1003.22	+5.5%	COM	09290D101
DIS	DISNEY WALT CO	40,165 (+99.2%)	$4.214M (+117.1%)	0.1%	$104.91	$103.00	+1.8%	COM	254687106
BDX	BECTON DICKINSON & CO	26,545 (+60.4%)	$4.752M (+89.8%)	0.1%	$179.00	$205.81	-13.0%	COM	075887109
DE	DEERE & CO	9,000 (+50.0%)	$6.044M (+58.8%)	0.2%	$671.55	$505.80	+32.8%	COM	244199105
HD	HOME DEPOT INC	53,627 (+9.2%)	$15.26M (-11.9%)	0.4%	$284.49	$391.48	-27.3%	COM	437076102
ABT	ABBOTT LABS	75,326 (+27.0%)	$7.443M (+38.3%)	0.2%	$98.81	$111.44	-11.3%	COM	002824100
MDT	MEDTRONIC PLC	68,347 (+38.5%)	$5.898M (+52.8%)	0.2%	$86.29	$85.04	+1.5%	SHS	G5960L103
NUE	NUCOR CORP	74,076 (+7.5%)	$17.32M (+12.9%)	0.5%	$233.75	$148.54	+57.4%	COM	670346105
MCD	MCDONALDS CORP	18,726 (+114.6%)	$4.325M (+83.3%)	0.1%	$230.94	$275.38	-16.1%	COM	580135101
MCK	MCKESSON CORP	11,895 (+9.2%)	$10.16M (+23.4%)	0.3%	$853.81	$762.93	+11.9%	COM	58155Q103
HPE	HEWLETT PACKARD ENTERPRISE C	67,694 (+26.1%)	$4.325M (+78.6%)	0.1%	$63.89	$28.31	+125.7%	COM	42824C109
LYB	LYONDELLBASELL INDUSTRIES N	104,727 (+31.4%)	$6.017M (+43.3%)	0.2%	$57.45	$72.23	-20.4%	SHS - A -	N53745100
HCA	HCA HOLDINGS INC	25,424 (+9.5%)	$10.85M (+19.8%)	0.3%	$426.74	$368.27	+15.9%	COM	40412C101
C	CITIGROUP INC	31,558 (+79.7%)	$4.088M (+66.3%)	0.1%	$129.53	$117.73	+10.0%	COM	172967424
AMP	AMERIPRISE FINL INC	22,104 (+9.4%)	$10.88M (+17.4%)	0.3%	$492.15	$527.34	-6.6%	COM	03076C106
BK	BANK OF NY MELLON CORP	125,719 (+9.3%)	$18.18M (+9.3%)	0.5%	$144.63	$81.40	—	COM	064058100
MMM	3M CO	35,736 (+33.7%)	$5.87M (+35.6%)	0.2%	$164.26	$139.00	+18.1%	COM	88579Y101
DOW	DOW INC	167,112 (+45.2%)	$4.602M (+46.1%)	0.1%	$27.54	$38.84	-29.1%	COM	260557103
HLT	HILTON WORLDWIDE HLDGS INC	21,001 (+31.2%)	$6.681M (+26.3%)	0.2%	$318.12	$262.33	+21.3%	COM	43300A203
BRK/B	BERKSHIRE HATHAWAY INC DEL	57,037 (+5.6%)	$28.43M (+5.1%)	0.8%	$498.41	$463.98	+7.3%	CL B NEW	084670702
TRV	TRAVELERS COMPANIES INC	25,234 (+9.1%)	$8.996M (+17.8%)	0.3%	$356.51	$254.96	+39.8%	COM	89417E109
KDP	KEURIG DR PEPPER INC	145,252 (+55.8%)	$4.407M (+44.4%)	0.1%	$30.34	$32.09	-5.5%	COM	49271V100
WAB	WABTEC	33,273 (+9.2%)	$9.56M (+16.4%)	0.3%	$287.31	$200.23	+43.4%	COM	929740108
DD	DUPONT DE NEMOURS INC	30,577 (+56.2%)	$3.972M (+49.6%)	0.1%	$129.89	$133.57	—	COM	26614N201
BAC	BANK AMER CORP	192,734 (+18.4%)	$10.49M (+13.1%)	0.3%	$54.43	$45.64	+19.2%	COM	060505104
KMB	KIMBERLY CLARK CORP	36,593 (+69.5%)	$3.565M (+50.4%)	0.1%	$97.43	$120.54	-19.2%	COM	494368103
NSC	NORFOLK SOUTHERN CORP	12,885 (+45.0%)	$3.986M (+42.6%)	0.1%	$309.39	$274.15	+12.7%	COM	655844108
HUM	HUMANA INC	88,947 (+7.7%)	$33.97M (+3.5%)	1.0%	$381.89	$271.42	+40.6%	COM	444859102
CTVA	CORTEVA INC	61,937 (+41.0%)	$4.811M (+29.3%)	0.1%	$77.68	$65.49	+18.6%	COM	22052L104
CVS	CVS HEALTH CORP	106,450 (+9.2%)	$9.122M (-9.5%)	0.3%	$85.69	$57.39	+49.3%	COM	126650100
UPS	UNITED PARCEL SERVICE INC	45,258 (+44.8%)	$4.229M (+25.9%)	0.1%	$93.45	$116.97	-20.1%	CL B	911312106
LOW	LOWES COS INC	46,543 (+9.1%)	$8.58M (-8.7%)	0.2%	$184.35	$257.02	-28.3%	COM	548661107
PH	PARKER HANNIFIN CORP	15,499 (+8.4%)	$14.81M (+5.9%)	0.4%	$955.42	$680.43	+40.4%	COM	701094104
MDLZ	MONDELEZ INTL INC	168,040 (+9.2%)	$9.716M (+9.2%)	0.3%	$57.82	$63.43	-8.8%	CL A	609207105
STZ	CONSTELLATION BRANDS INC	33,311 (+56.3%)	$3.767M (+27.1%)	0.1%	$113.08	$194.44	-41.9%	CL A	21036P108
DOV	DOVER CORP	26,657 (+42.9%)	$4.986M (+19.2%)	0.1%	$187.05	$195.65	-4.4%	COM	260003108
DHI	D R HORTON INC	41,401 (+36.2%)	$5.657M (+14.3%)	0.2%	$136.65	$159.89	-14.5%	COM	23331A109
CI	THE CIGNA GROUP	33,842 (+9.4%)	$9.199M (+7.8%)	0.3%	$271.83	$308.86	-12.0%	COM	125523100
UNH	UNITEDHEALTH GROUP INC	50,362 (+9.3%)	$18.49M (-3.4%)	0.5%	$367.08	$540.05	-32.0%	COM	91324P102
PNC	PNC FINL SVCS GROUP INC	34,263 (+21.2%)	$7.615M (+9.4%)	0.2%	$222.26	$199.08	+11.6%	COM	693475105
HDB	HDFC BANK LTD	745,416 (+11.9%)	$16.65M (-3.2%)	0.5%	$22.34	$24.92	-10.4%	SPONSORED ADS	40415F101
EXC	EXELON CORP	223,844 (+9.3%)	$9.043M (-5.3%)	0.3%	$40.40	$37.89	+6.6%	COM	30161N101
AFL	AFLAC INC	92,461 (+9.2%)	$10.34M (+4.1%)	0.3%	$111.78	$107.56	+3.9%	COM	001055102
SRE	SEMPRA ENERGY	81,547 (+26.3%)	$6.358M (+6.3%)	0.2%	$77.97	$84.78	-8.0%	COM	816851109
VRT	VERTIV HOLDINGS CO	14,298 (+53.8%)	$3.45M (+10.8%)	0.1%	$241.31	$181.96	+32.6%	CL A	92537N108
PPL	PPL CORP	295,148 (+9.3%)	$9.707M (-1.1%)	0.3%	$32.89	$31.98	+2.9%	COM	69351T106

Exited Positions (12)

MSCI MSCI INC 1.4%

Value $46.57M Shares 83,148 Share Price $560.04 * Est. Cost/Share $581.93 Unrealized @ Report Date -7.4%

ZTS ZOETIS INC 1.0%

Value $35.29M Shares 491,051 Share Price $71.86 * Est. Cost/Share $169.58 Unrealized @ Report Date -58.8%

ICLR ICON PLC 0.8%

Value $26.01M Shares 149,726 Share Price $173.71 * Est. Cost/Share $218.93 Unrealized @ Report Date -22.4%

CCI CROWN CASTLE INC 0.5%

Value $18.47M Shares 243,881 Share Price $75.73 Est. Cost/Share $94.86 Unrealized @ Report Date —

EPD ENTERPRISE PRODS PARTNERS L 0.3%

Value $9.408M Shares 255,933 Share Price $36.76 Est. Cost/Share $31.43 Unrealized @ Report Date —

DRTSW AMRIZE LTD 0.2%

Value $8.405M Shares 157,700 Share Price $53.30 Est. Cost/Share $49.55 Unrealized @ Report Date —

CAT CATERPILLAR INC DEL 0.2%

Value $6.414M Shares 6,023 Share Price $1064.90 * Est. Cost/Share $381.74 Unrealized @ Report Date +112.4%

EA ELECTRONIC ARTS INC 0.1%

Value $4.7M Shares 22,923 Share Price $205.04 * Est. Cost/Share $153.06 Unrealized @ Report Date +37.0%

Q QNITY ELECTRONICS 0.1%

Value $3.244M Shares 19,866 Share Price $163.31 * Est. Cost/Share $84.91 Unrealized @ Report Date +48.1%

ON ON SEMICONDUCTOR CORP 0.1%

Value $2.473M Shares 26,157 Share Price $94.54 * Est. Cost/Share $64.10 Unrealized @ Report Date +19.9%

WAT WATERS CORP 0.0%

Value $840K Shares 2,239 Share Price $375.04 * Est. Cost/Share $342.06 Unrealized @ Report Date +28.5%

VGNT VERSIGENT PLC 0.0%

Value $349K Shares 8,309 Share Price $42.01 * Est. Cost/Share $39.85 Unrealized @ Report Date +12.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSCI	MSCI INC	83,148	$46.57M	1.4%	$560.04 *	$581.93	-7.4%	—	55354G100
ZTS	ZOETIS INC	491,051	$35.29M	1.0%	$71.86 *	$169.58	-58.8%	—	98978V103
ICLR	ICON PLC	149,726	$26.01M	0.8%	$173.71 *	$218.93	-22.4%	—	G4705A100
CCI	CROWN CASTLE INC	243,881	$18.47M	0.5%	$75.73	$94.86	—	—	22822V101
EPD	ENTERPRISE PRODS PARTNERS L	255,933	$9.408M	0.3%	$36.76	$31.43	—	—	293792107
DRTSW	AMRIZE LTD	157,700	$8.405M	0.2%	$53.30	$49.55	—	—	M0740A116
CAT	CATERPILLAR INC DEL	6,023	$6.414M	0.2%	$1064.90 *	$381.74	+112.4%	—	149123101
EA	ELECTRONIC ARTS INC	22,923	$4.7M	0.1%	$205.04 *	$153.06	+37.0%	—	285512109
Q	QNITY ELECTRONICS	19,866	$3.244M	0.1%	$163.31 *	$84.91	+48.1%	—	74743L100
ON	ON SEMICONDUCTOR CORP	26,157	$2.473M	0.1%	$94.54 *	$64.10	+19.9%	—	682189105
WAT	WATERS CORP	2,239	$840K	0.0%	$375.04 *	$342.06	+28.5%	—	941848103
VGNT	VERSIGENT PLC	8,309	$349K	0.0%	$42.01 *	$39.85	+12.8%	—	G9600F104

Decreased Positions (33)

MA MASTERCARD INCORPORATED 1.3%

Value $45.52M (-49.5%) Shares 82,547 (-53.0%) Share Price $551.47 Est. Cost/Share $518.57 Unrealized @ Report Date +6.3%

FND FLOOR & DECOR HLDGS INC 0.7%

Value $22.93M (-63.9%) Shares 500,584 (-53.2%) Share Price $45.81 Est. Cost/Share $97.89 Unrealized @ Report Date -53.2%

ODFL OLD DOMINION FREIGHT LINE IN 0.1%

Value $2.123M (-93.9%) Shares 12,212 (-92.4%) Share Price $173.84 Est. Cost/Share $151.36 Unrealized @ Report Date +14.9%

DXCM DEXCOM INC 0.8%

Value $26.31M (-53.5%) Shares 304,933 (-63.7%) Share Price $86.29 Est. Cost/Share $75.90 Unrealized @ Report Date +13.7%

BSX BOSTON SCIENTIFIC CORP 0.5%

Value $16.68M (-61.2%) Shares 382,057 (-62.1%) Share Price $43.65 Est. Cost/Share $79.19 Unrealized @ Report Date -44.9%

MELI MERCADOLIBRE INC 1.0%

Value $35.12M (-42.5%) Shares 20,316 (-43.6%) Share Price $1728.53 Est. Cost/Share $1948.74 Unrealized @ Report Date -11.3%

COF CAPITAL ONE FINL CORP 0.0%

Value $1.126M (-95.7%) Shares 5,834 (-95.5%) Share Price $193.07 Est. Cost/Share $205.27 Unrealized @ Report Date -5.9%

EFX EQUIFAX INC 0.4%

Value $12.08M (-64.5%) Shares 87,991 (-59.0%) Share Price $137.24 Est. Cost/Share $209.91 Unrealized @ Report Date -34.6%

ASML ASML HOLDING N V 0.9%

Value $30.38M (-40.8%) Shares 16,769 (-34.9%) Share Price $1811.67 Est. Cost/Share $1181.03 Unrealized @ Report Date +53.4%

DHR DANAHER CORPORATION 1.0%

Value $35.04M (-37.0%) Shares 158,138 (-45.9%) Share Price $221.59 Est. Cost/Share $235.82 Unrealized @ Report Date -6.1%

EW EDWARD LIFESCIENCES CORP 0.5%

Value $18.33M (-49.0%) Shares 212,373 (-46.6%) Share Price $86.32 Est. Cost/Share $70.55 Unrealized @ Report Date +22.4%

NFLX NETFLIX INC 0.9%

Value $32.08M (-35.3%) Shares 461,048 (-33.6%) Share Price $69.58 Est. Cost/Share $101.89 Unrealized @ Report Date -31.7%

UBER UBER TECHNOLOGIES INC 1.1%

Value $36.82M (-25.8%) Shares 537,481 (-21.8%) Share Price $68.51 Est. Cost/Share $78.87 Unrealized @ Report Date -13.1%

AMAT APPLIED MATLS INC 0.5%

Value $18.77M (-36.2%) Shares 36,702 (-9.9%) Share Price $511.38 Est. Cost/Share $179.18 Unrealized @ Report Date +185.4%

CMS CMS ENERGY CORP 0.6%

Value $22.29M (-32.1%) Shares 353,356 (-17.7%) Share Price $63.08 Est. Cost/Share $66.75 Unrealized @ Report Date -5.5%

META META PLATFORMS INC 3.2%

Value $111M (+10.2%) Shares 153,287 (-14.4%) Share Price $725.18 Est. Cost/Share $612.66 Unrealized @ Report Date +18.4%

MU MICRON TECHNOLOGY INC 1.1%

Value $36.87M (-21.4%) Shares 34,613 (-14.8%) Share Price $1065.11 Est. Cost/Share $101.25 Unrealized @ Report Date +951.9%

AMZN AMAZON COM INC 3.9%

Value $133M (-6.7%) Shares 532,922 (-10.8%) Share Price $249.15 Est. Cost/Share $206.07 Unrealized @ Report Date +20.9%

ISRG INTUITIVE SURGICAL INC 1.1%

Value $37.51M (-20.3%) Shares 92,237 (-22.1%) Share Price $406.63 Est. Cost/Share $521.50 Unrealized @ Report Date -22.0%

KMI KINDER MORGAN INC DEL 0.6%

Value $19.37M (-32.4%) Shares 642,536 (-28.3%) Share Price $30.15 Est. Cost/Share $24.88 Unrealized @ Report Date +21.2%

PGR PROGRESSIVE CORP OHIO 0.7%

Value $24.69M (-26.4%) Shares 119,088 (-22.5%) Share Price $207.31 Est. Cost/Share $223.99 Unrealized @ Report Date -7.4%

VST VISTRA CORP 0.5%

Value $16.31M (-31.9%) Shares 117,913 (-21.9%) Share Price $138.35 Est. Cost/Share $162.81 Unrealized @ Report Date -15.0%

CSCO CISCO SYS INC 0.6%

Value $20.3M (-23.7%) Shares 188,634 (-16.8%) Share Price $107.63 Est. Cost/Share $55.37 Unrealized @ Report Date +94.4%

INTC INTEL CORP 0.6%

Value $22.12M (-18.3%) Shares 183,971 (-5.2%) Share Price $120.23 Est. Cost/Share $22.54 Unrealized @ Report Date +433.4%

TW TRADEWEB MKTS INC 0.7%

Value $25.4M (-15.2%) Shares 251,863 (-16.2%) Share Price $100.84 Est. Cost/Share $133.03 Unrealized @ Report Date -24.2%

CRM SALESFORCE COM INC 0.7%

Value $25.34M (+20.8%) Shares 110,362 (-17.6%) Share Price $229.57 Est. Cost/Share $293.67 Unrealized @ Report Date -21.8%

TEAM ATLASSIAN CORP PLC 0.3%

Value $11.37M (-27.5%) Shares 63,404 (-68.6%) Share Price $179.29 Est. Cost/Share $221.12 Unrealized @ Report Date -18.9%

MSFT MICROSOFT CORP 6.2%

Value $215M (+1.9%) Shares 418,545 (-25.9%) Share Price $512.90 Est. Cost/Share $428.30 Unrealized @ Report Date +19.8%

AMT AMERICAN TOWER CORP NEW 0.7%

Value $23.8M (-11.7%) Shares 145,417 (-11.8%) Share Price $163.69 Est. Cost/Share $195.45 Unrealized @ Report Date —

WCN WASTE CONNECTIONS INC 0.3%

Value $11.34M (-18.0%) Shares 73,666 (-11.3%) Share Price $153.93 Est. Cost/Share $175.70 Unrealized @ Report Date -12.4%

FERG FERGUSON ENTERPRISES INC 0.9%

Value $29.62M (-7.5%) Shares 133,042 (-1.4%) Share Price $222.62 Est. Cost/Share $188.49 Unrealized @ Report Date +18.1%

UNP UNION PACIFIC CORP 0.2%

Value $8.394M (-21.2%) Shares 30,844 (-21.2%) Share Price $272.13 Est. Cost/Share $230.22 Unrealized @ Report Date +18.2%

KEYS KEYSIGHT TECHNOLOGIES INC 0.2%

Value $5.755M (-21.0%) Shares 15,813 (-24.0%) Share Price $363.94 Est. Cost/Share $161.18 Unrealized @ Report Date +125.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MA	MASTERCARD INCORPORATED	82,547 (-53.0%)	$45.52M (-49.5%)	1.3%	$551.47	$518.57	+6.3%	CL A	57636Q104
FND	FLOOR & DECOR HLDGS INC	500,584 (-53.2%)	$22.93M (-63.9%)	0.7%	$45.81	$97.89	-53.2%	CL A	339750101
ODFL	OLD DOMINION FREIGHT LINE IN	12,212 (-92.4%)	$2.123M (-93.9%)	0.1%	$173.84	$151.36	+14.9%	COM	679580100
DXCM	DEXCOM INC	304,933 (-63.7%)	$26.31M (-53.5%)	0.8%	$86.29	$75.90	+13.7%	COM	252131107
BSX	BOSTON SCIENTIFIC CORP	382,057 (-62.1%)	$16.68M (-61.2%)	0.5%	$43.65	$79.19	-44.9%	COM	101137107
MELI	MERCADOLIBRE INC	20,316 (-43.6%)	$35.12M (-42.5%)	1.0%	$1728.53	$1948.74	-11.3%	COM	58733R102
COF	CAPITAL ONE FINL CORP	5,834 (-95.5%)	$1.126M (-95.7%)	0.0%	$193.07	$205.27	-5.9%	COM	14040H105
EFX	EQUIFAX INC	87,991 (-59.0%)	$12.08M (-64.5%)	0.4%	$137.24	$209.91	-34.6%	COM	294429105
ASML	ASML HOLDING N V	16,769 (-34.9%)	$30.38M (-40.8%)	0.9%	$1811.67	$1181.03	+53.4%	N Y REGISTRY SHS	N07059210
DHR	DANAHER CORPORATION	158,138 (-45.9%)	$35.04M (-37.0%)	1.0%	$221.59	$235.82	-6.1%	COM	235851102
EW	EDWARD LIFESCIENCES CORP	212,373 (-46.6%)	$18.33M (-49.0%)	0.5%	$86.32	$70.55	+22.4%	COM	28176E108
NFLX	NETFLIX INC	461,048 (-33.6%)	$32.08M (-35.3%)	0.9%	$69.58	$101.89	-31.7%	COM	64110L106
UBER	UBER TECHNOLOGIES INC	537,481 (-21.8%)	$36.82M (-25.8%)	1.1%	$68.51	$78.87	-13.1%	COM	90353T100
AMAT	APPLIED MATLS INC	36,702 (-9.9%)	$18.77M (-36.2%)	0.5%	$511.38	$179.18	+185.4%	COM	038222105
CMS	CMS ENERGY CORP	353,356 (-17.7%)	$22.29M (-32.1%)	0.6%	$63.08	$66.75	-5.5%	COM	125896100
META	META PLATFORMS INC	153,287 (-14.4%)	$111M (+10.2%)	3.2%	$725.18	$612.66	+18.4%	CL A	30303M102
MU	MICRON TECHNOLOGY INC	34,613 (-14.8%)	$36.87M (-21.4%)	1.1%	$1065.11	$101.25	+951.9%	COM	595112103
AMZN	AMAZON COM INC	532,922 (-10.8%)	$133M (-6.7%)	3.9%	$249.15	$206.07	+20.9%	COM	023135106
ISRG	INTUITIVE SURGICAL INC	92,237 (-22.1%)	$37.51M (-20.3%)	1.1%	$406.63	$521.50	-22.0%	COM NEW	46120E602
KMI	KINDER MORGAN INC DEL	642,536 (-28.3%)	$19.37M (-32.4%)	0.6%	$30.15	$24.88	+21.2%	COM	49456B101
PGR	PROGRESSIVE CORP OHIO	119,088 (-22.5%)	$24.69M (-26.4%)	0.7%	$207.31	$223.99	-7.4%	COM	743315103
VST	VISTRA CORP	117,913 (-21.9%)	$16.31M (-31.9%)	0.5%	$138.35	$162.81	-15.0%	COM	92840M102
CSCO	CISCO SYS INC	188,634 (-16.8%)	$20.3M (-23.7%)	0.6%	$107.63	$55.37	+94.4%	COM	17275R102
INTC	INTEL CORP	183,971 (-5.2%)	$22.12M (-18.3%)	0.6%	$120.23	$22.54	+433.4%	COM	458140100
TW	TRADEWEB MKTS INC	251,863 (-16.2%)	$25.4M (-15.2%)	0.7%	$100.84	$133.03	-24.2%	CL A	892672106
CRM	SALESFORCE COM INC	110,362 (-17.6%)	$25.34M (+20.8%)	0.7%	$229.57	$293.67	-21.8%	COM	79466L302
TEAM	ATLASSIAN CORP PLC	63,404 (-68.6%)	$11.37M (-27.5%)	0.3%	$179.29	$221.12	-18.9%	CL A	049468101
MSFT	MICROSOFT CORP	418,545 (-25.9%)	$215M (+1.9%)	6.2%	$512.90	$428.30	+19.8%	COM	594918104
AMT	AMERICAN TOWER CORP NEW	145,417 (-11.8%)	$23.8M (-11.7%)	0.7%	$163.69	$195.45	—	COM	03027X100
WCN	WASTE CONNECTIONS INC	73,666 (-11.3%)	$11.34M (-18.0%)	0.3%	$153.93	$175.70	-12.4%	COM	94106B101
FERG	FERGUSON ENTERPRISES INC	133,042 (-1.4%)	$29.62M (-7.5%)	0.9%	$222.62	$188.49	+18.1%	COMMON STOCK NEW	31488V107
UNP	UNION PACIFIC CORP	30,844 (-21.2%)	$8.394M (-21.2%)	0.2%	$272.13	$230.22	+18.2%	COM	907818108
KEYS	KEYSIGHT TECHNOLOGIES INC	15,813 (-24.0%)	$5.755M (-21.0%)	0.2%	$363.94	$161.18	+125.9%	COM	49338L103

Unchanged Positions (47)

GOOGL ALPHABET INC 3.8%

Value $130M Shares 377,131 Share Price $344.08 Est. Cost/Share $180.30 Unrealized @ Report Date +90.8%

IBM INTERNATIONAL BUSINESS MACHS 0.4%

Value $14.37M Shares 65,349 Share Price $219.93 Est. Cost/Share $216.31 Unrealized @ Report Date +1.7%

LRCX LAM RESEARCH CORP 0.3%

Value $10.29M Shares 31,319 Share Price $328.51 Est. Cost/Share $74.98 Unrealized @ Report Date +338.1%

T AT&T INC 0.5%

Value $17.13M Shares 700,833 Share Price $24.44 Est. Cost/Share $21.51 Unrealized @ Report Date +13.4%

ASR GRUPO AEROPORTUARIO DEL SURE 0.2%

Value $7.039M Shares 29,931 Share Price $235.19 Est. Cost/Share $278.55 Unrealized @ Report Date -15.6%

URI UNITED RENTALS INC 0.4%

Value $14.77M Shares 14,755 Share Price $1000.78 Est. Cost/Share $804.87 Unrealized @ Report Date +24.3%

CRH CRH PLC 0.2%

Value $6.207M Shares 74,967 Share Price $82.80 Est. Cost/Share $95.29 Unrealized @ Report Date -13.1%

F FORD MTR CO 0.2%

Value $8.093M Shares 671,584 Share Price $12.05 Est. Cost/Share $9.87 Unrealized @ Report Date +22.2%

DELL DELL TECHNOLOGIES INC 0.2%

Value $5.309M Shares 9,862 Share Price $538.32 Est. Cost/Share $129.18 Unrealized @ Report Date +316.5%

KLAC KLA CORP 0.1%

Value $1.906M Shares 9,780 Share Price $194.93 Est. Cost/Share $1444.68 Unrealized @ Report Date -86.5%

ORCL ORACLE CORP 0.4%

Value $15.12M Shares 110,066 Share Price $137.36 Est. Cost/Share $175.85 Unrealized @ Report Date -21.9%

OMAB GRUPO AEROPORTUARIO DEL CENT 0.2%

Value $5.803M Shares 60,071 Share Price $96.61 Est. Cost/Share $76.02 Unrealized @ Report Date +27.1%

CMCSA COMCAST CORP NEW 0.2%

Value $6.777M Shares 311,422 Share Price $21.76 Est. Cost/Share $39.99 Unrealized @ Report Date -45.6%

ATO ATMOS ENERGY CORP 0.2%

Value $6.897M Shares 44,079 Share Price $156.46 Est. Cost/Share $138.63 Unrealized @ Report Date +12.9%

ALL ALLSTATE CORP 0.3%

Value $9.472M Shares 42,694 Share Price $221.86 Est. Cost/Share $189.83 Unrealized @ Report Date +16.9%

CPAY CORPAY INC 0.1%

Value $4.566M Shares 11,751 Share Price $388.60 Est. Cost/Share $351.49 Unrealized @ Report Date +10.6%

IT GARTNER INC 0.1%

Value $2.058M Shares 11,035 Share Price $186.54 Est. Cost/Share $440.27 Unrealized @ Report Date -57.6%

BBY BEST BUY INC 0.1%

Value $3.627M Shares 41,103 Share Price $88.24 Est. Cost/Share $85.83 Unrealized @ Report Date +2.8%

APTV APTIV PLC 0.0%

Value $1.072M Shares 24,930 Share Price $43.02 Est. Cost/Share $80.28 Unrealized @ Report Date -46.4%

CP CANADIAN PAC RY LTD 0.7%

Value $24.28M Shares 285,288 Share Price $85.10 Est. Cost/Share $76.44 Unrealized @ Report Date +11.3%

STLD STEEL DYNAMICS INC 0.4%

Value $12.36M Shares 55,789 Share Price $221.61 Est. Cost/Share $130.47 Unrealized @ Report Date +69.8%

EBAY EBAY INC 0.2%

Value $7.286M Shares 68,704 Share Price $106.05 Est. Cost/Share $62.40 Unrealized @ Report Date +70.0%

TSN TYSON FOODS INC 0.1%

Value $2.694M Shares 53,316 Share Price $50.53 Est. Cost/Share $58.04 Unrealized @ Report Date -12.9%

LIN LINDE PLC 0.1%

Value $3.793M Shares 7,991 Share Price $474.65 Est. Cost/Share $448.71 Unrealized @ Report Date +5.8%

MOH MOLINA HEALTHCARE INC 0.0%

Value $1.666M Shares 8,810 Share Price $189.10 Est. Cost/Share $308.81 Unrealized @ Report Date -38.8%

VRTX VERTEX PHARMACEUTICALS INC 0.2%

Value $6.743M Shares 12,898 Share Price $522.81 Est. Cost/Share $463.53 Unrealized @ Report Date +12.8%

PYPL PAYPAL HLDGS INC 0.1%

Value $1.755M Shares 33,417 Share Price $52.53 Est. Cost/Share $83.88 Unrealized @ Report Date -37.4%

TEL TE CONNECTIVITY PLC 0.2%

Value $6.902M Shares 32,700 Share Price $211.07 Est. Cost/Share $146.82 Unrealized @ Report Date +43.8%

CBRE CBRE GROUP INC 0.2%

Value $5.997M Shares 46,667 Share Price $128.50 Est. Cost/Share $130.93 Unrealized @ Report Date -1.9%

MRVL MARVELL TECHNOLOGY INC 0.1%

Value $2.048M Shares 7,753 Share Price $264.21 Est. Cost/Share $73.50 Unrealized @ Report Date +259.5%

NXPI NXP SEMICONDUCTORS NV 0.0%

Value $1.372M Shares 5,775 Share Price $237.53 Est. Cost/Share $223.02 Unrealized @ Report Date +6.5%

DAL DELTA AIR LINES INC DEL 0.1%

Value $1.882M Shares 22,548 Share Price $83.46 Est. Cost/Share $56.83 Unrealized @ Report Date +46.9%

RCL ROYAL CARIBBEAN GROUP 0.0%

Value $1.057M Shares 3,971 Share Price $266.12 Est. Cost/Share $332.02 Unrealized @ Report Date -19.9%

EQR VIVMARK RESIDENTIAL 0.0%

Value $1.691M Shares 27,824 Share Price $60.76 Est. Cost/Share $69.80 Unrealized @ Report Date —

DLTR DOLLAR TREE INC 0.1%

Value $3.264M Shares 28,626 Share Price $114.02 Est. Cost/Share $68.64 Unrealized @ Report Date +66.1%

AWK AMERICAN WTR WKS CO INC NEW 0.3%

Value $10.16M Shares 78,502 Share Price $129.47 Est. Cost/Share $129.41 Unrealized @ Report Date +0.0%

JCI JOHNSON CTLS INTL PLC 0.2%

Value $7.916M Shares 53,255 Share Price $148.65 Est. Cost/Share $79.25 Unrealized @ Report Date +87.6%

PG PROCTER & GAMBLE CO 0.4%

Value $14.65M Shares 100,816 Share Price $145.32 Est. Cost/Share $165.73 Unrealized @ Report Date -12.3%

TXN TEXAS INSTRS INC 0.1%

Value $1.961M Shares 7,000 Share Price $280.09 Est. Cost/Share $277.43 Unrealized @ Report Date +1.0%

FISV FISERV INC 0.0%

Value $1.447M Shares 32,022 Share Price $45.18 Est. Cost/Share $174.86 Unrealized @ Report Date -74.2%

XYZ BLOCK INC 0.1%

Value $3.078M Shares 41,857 Share Price $73.54 Est. Cost/Share $82.04 Unrealized @ Report Date -10.4%

CCEP COCA-COLA EUROPACIFIC PARTNE 0.2%

Value $5.671M Shares 55,757 Share Price $101.71 Est. Cost/Share $74.60 Unrealized @ Report Date +36.3%

VSNT VERSANT MEDIA GROUP INC 0.0%

Value $395K Shares 12,456 Share Price $31.70 Est. Cost/Share $33.68 Unrealized @ Report Date -5.9%

QCOM QUALCOMM INC 0.3%

Value $9.753M Shares 52,992 Share Price $184.04 Est. Cost/Share $159.52 Unrealized @ Report Date +15.4%

ELV ELEVANCE HEALTH INC 0.2%

Value $7.143M Shares 18,372 Share Price $388.82 Est. Cost/Share $409.27 Unrealized @ Report Date -5.0%

IBKR INTERACTIVE BROKERS GROUP IN 0.0%

Value $1.692M Shares 19,810 Share Price $85.42 Est. Cost/Share $62.79 Unrealized @ Report Date +36.0%

ADI ANALOG DEVICES INC 0.3%

Value $10.26M Shares 25,871 Share Price $396.71 Est. Cost/Share $216.79 Unrealized @ Report Date +83.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GOOGL	ALPHABET INC	377,131	$130M	3.8%	$344.08	$180.30	+90.8%	CAP STK CL A	02079K305
IBM	INTERNATIONAL BUSINESS MACHS	65,349	$14.37M	0.4%	$219.93	$216.31	+1.7%	COM	459200101
LRCX	LAM RESEARCH CORP	31,319	$10.29M	0.3%	$328.51	$74.98	+338.1%	COM	512807306
T	AT&T INC	700,833	$17.13M	0.5%	$24.44	$21.51	+13.4%	COM	00206R102
ASR	GRUPO AEROPORTUARIO DEL SURE	29,931	$7.039M	0.2%	$235.19	$278.55	-15.6%	SPON ADR SER B	40051E202
URI	UNITED RENTALS INC	14,755	$14.77M	0.4%	$1000.78	$804.87	+24.3%	COM	911363109
CRH	CRH PLC	74,967	$6.207M	0.2%	$82.80	$95.29	-13.1%	ORD	G25508105
F	FORD MTR CO	671,584	$8.093M	0.2%	$12.05	$9.87	+22.2%	COM	345370860
DELL	DELL TECHNOLOGIES INC	9,862	$5.309M	0.2%	$538.32	$129.18	+316.5%	CL C	24703L202
KLAC	KLA CORP	9,780	$1.906M	0.1%	$194.93	$1444.68	-86.5%	COM	482480100
ORCL	ORACLE CORP	110,066	$15.12M	0.4%	$137.36	$175.85	-21.9%	COM	68389X105
OMAB	GRUPO AEROPORTUARIO DEL CENT	60,071	$5.803M	0.2%	$96.61	$76.02	+27.1%	SPON ADR	400501102
CMCSA	COMCAST CORP NEW	311,422	$6.777M	0.2%	$21.76	$39.99	-45.6%	CL A	20030N101
ATO	ATMOS ENERGY CORP	44,079	$6.897M	0.2%	$156.46	$138.63	+12.9%	COM	049560105
ALL	ALLSTATE CORP	42,694	$9.472M	0.3%	$221.86	$189.83	+16.9%	COM	020002101
CPAY	CORPAY INC	11,751	$4.566M	0.1%	$388.60	$351.49	+10.6%	COM SHS	219948106
IT	GARTNER INC	11,035	$2.058M	0.1%	$186.54	$440.27	-57.6%	COM	366651107
BBY	BEST BUY INC	41,103	$3.627M	0.1%	$88.24	$85.83	+2.8%	COM	086516101
APTV	APTIV PLC	24,930	$1.072M	0.0%	$43.02	$80.28	-46.4%	SHS	G3265R107
CP	CANADIAN PAC RY LTD	285,288	$24.28M	0.7%	$85.10	$76.44	+11.3%	COM	13646K108
STLD	STEEL DYNAMICS INC	55,789	$12.36M	0.4%	$221.61	$130.47	+69.8%	COM	858119100
EBAY	EBAY INC	68,704	$7.286M	0.2%	$106.05	$62.40	+70.0%	COM	278642103
TSN	TYSON FOODS INC	53,316	$2.694M	0.1%	$50.53	$58.04	-12.9%	CL A	902494103
LIN	LINDE PLC	7,991	$3.793M	0.1%	$474.65	$448.71	+5.8%	SHS	G54950103
MOH	MOLINA HEALTHCARE INC	8,810	$1.666M	0.0%	$189.10	$308.81	-38.8%	COM	60855R100
VRTX	VERTEX PHARMACEUTICALS INC	12,898	$6.743M	0.2%	$522.81	$463.53	+12.8%	COM	92532F100
PYPL	PAYPAL HLDGS INC	33,417	$1.755M	0.1%	$52.53	$83.88	-37.4%	COM	70450Y103
TEL	TE CONNECTIVITY PLC	32,700	$6.902M	0.2%	$211.07	$146.82	+43.8%	ORD SHS	G87052109
CBRE	CBRE GROUP INC	46,667	$5.997M	0.2%	$128.50	$130.93	-1.9%	CL A	12504L109
MRVL	MARVELL TECHNOLOGY INC	7,753	$2.048M	0.1%	$264.21	$73.50	+259.5%	COM	573874104
NXPI	NXP SEMICONDUCTORS NV	5,775	$1.372M	0.0%	$237.53	$223.02	+6.5%	COM	N6596X109
DAL	DELTA AIR LINES INC DEL	22,548	$1.882M	0.1%	$83.46	$56.83	+46.9%	COM	247361702
RCL	ROYAL CARIBBEAN GROUP	3,971	$1.057M	0.0%	$266.12	$332.02	-19.9%	COM	V7780T103
EQR	VIVMARK RESIDENTIAL	27,824	$1.691M	0.0%	$60.76	$69.80	—	SH BEN INT	29476L107
DLTR	DOLLAR TREE INC	28,626	$3.264M	0.1%	$114.02	$68.64	+66.1%	COM	256746108
AWK	AMERICAN WTR WKS CO INC NEW	78,502	$10.16M	0.3%	$129.47	$129.41	+0.0%	COM	030420103
JCI	JOHNSON CTLS INTL PLC	53,255	$7.916M	0.2%	$148.65	$79.25	+87.6%	SHS	G51502105
PG	PROCTER & GAMBLE CO	100,816	$14.65M	0.4%	$145.32	$165.73	-12.3%	COM	742718109
TXN	TEXAS INSTRS INC	7,000	$1.961M	0.1%	$280.09	$277.43	+1.0%	COM	882508104
FISV	FISERV INC	32,022	$1.447M	0.0%	$45.18	$174.86	-74.2%	COM	337738108
XYZ	BLOCK INC	41,857	$3.078M	0.1%	$73.54	$82.04	-10.4%	CL A	852234103
CCEP	COCA-COLA EUROPACIFIC PARTNE	55,757	$5.671M	0.2%	$101.71	$74.60	+36.3%	SHS	G25839104
VSNT	VERSANT MEDIA GROUP INC	12,456	$395K	0.0%	$31.70	$33.68	-5.9%	COM CL A	925283103
QCOM	QUALCOMM INC	52,992	$9.753M	0.3%	$184.04	$159.52	+15.4%	COM	747525103
ELV	ELEVANCE HEALTH INC	18,372	$7.143M	0.2%	$388.82	$409.27	-5.0%	COM	036752103
IBKR	INTERACTIVE BROKERS GROUP IN	19,810	$1.692M	0.0%	$85.42	$62.79	+36.0%	CL A	45841N107
ADI	ANALOG DEVICES INC	25,871	$10.26M	0.3%	$396.71	$216.79	+83.0%	COM	032654105