Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TMHC	TAYLOR MORRISON HOME CORP	528,263	$37.9M	6.4%	$71.74	—	COM	87724P106
ACN	ACCENTURE PLC IRELAND	136,204	$16.95M	2.9%	$124.44	—	SHS CLASS A	G1151C101
TECH	BIO-TECHNE CORP	105,796	$7.474M	1.3%	$70.65	—	COM	09073M104
ALC	ALCON AG	110,772	$7.433M	1.3%	$67.10	—	ORD SHS	H01301128
NOC	NORTHROP GRUMMAN CORP	9,113	$4.642M	0.8%	$509.34	—	COM	666807102
CALM	CAL MAINE FOODS INC	51,918	$4.183M	0.7%	$80.56	—	COM NEW	128030202
ALG	ALAMO GROUP INC	19,651	$3.232M	0.6%	$164.49	—	COM	011311107
TOWN	TOWNEBANK PORTSMOUTH VA	85,643	$3.104M	0.5%	$36.24	—	COM	89214P109
RAMP	LIVERAMP HLDGS INC	80,575	$3.033M	0.5%	$37.64	—	COM	53815P108
STE	STERIS PLC	14,072	$2.963M	0.5%	$210.57	—	SHS USD	G8473T100
WDAY	WORKDAY INC	23,357	$2.859M	0.5%	$122.42	—	CL A	98138H101
XYL	XYLEM INC	13,576	$1.605M	0.3%	$118.21	—	COM	98419M100
ED	CONSOLIDATED EDISON INC	14,030	$1.552M	0.3%	$110.63	—	COM	209115104

Increased Positions (14)

QGEN QIAGEN NV 10.6%

Value $62.39M (+18.0%) Shares 1,595,726 (+20.9%) Est. Cost $48.38 Unrealized —

POR PORTLAND GEN ELEC CO 2.4%

Value $14.22M (+109.8%) Shares 274,376 (+113.6%) Est. Cost $46.90 Unrealized —

GGG GRACO INC 1.0%

Value $5.877M (+197.1%) Shares 77,729 (+232.6%) Est. Cost $74.29 Unrealized —

ATR APTARGROUP INC 3.9%

Value $22.93M (+17.1%) Shares 183,170 (+17.9%) Est. Cost $125.87 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 3.0%

Value $17.88M (+20.0%) Shares 35,664 (+17.6%) Est. Cost $473.86 Unrealized —

LNN LINDSAY CORP 3.8%

Value $22.2M (+15.3%) Shares 179,283 (+10.9%) Est. Cost $123.16 Unrealized —

AWK AMERICAN WTR WKS CO INC NEW 0.8%

Value $4.733M (+143.9%) Shares 35,967 (+152.3%) Est. Cost $131.03 Unrealized —

NKE NIKE INC 1.5%

Value $9.065M (+33.0%) Shares 220,836 (+71.2%) Est. Cost $57.02 Unrealized —

CLX CLOROX CO DEL 8.6%

Value $50.46M (-4.2%) Shares 528,738 (+4.1%) Est. Cost $127.40 Unrealized —

MSEX MIDDLESEX WTR CO 0.8%

Value $4.82M (+61.9%) Shares 85,830 (+50.1%) Est. Cost $53.90 Unrealized —

AVO MISSION PRODUCE INC 1.0%

Value $5.908M (+42.4%) Shares 501,087 (+66.2%) Est. Cost $12.51 Unrealized —

DHR DANAHER CORP DEL 0.6%

Value $3.269M (+73.1%) Shares 17,162 (+72.3%) Est. Cost $210.33 Unrealized —

WTRG ESSENTIAL UTILS INC 1.6%

Value $9.152M (+16.7%) Shares 238,896 (+22.6%) Est. Cost $38.99 Unrealized —

DGX QUEST DIAGNOSTICS INC 1.0%

Value $5.822M (+21.1%) Shares 27,470 (+11.9%) Est. Cost $182.62 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
QGEN	QIAGEN NV	1,595,726 (+20.9%)	$62.39M (+18.0%)	10.6%	$48.38	—	ORD SHARES	N72482156
POR	PORTLAND GEN ELEC CO	274,376 (+113.6%)	$14.22M (+109.8%)	2.4%	$46.90	—	COM NEW	736508847
GGG	GRACO INC	77,729 (+232.6%)	$5.877M (+197.1%)	1.0%	$74.29	—	COM	384109104
ATR	APTARGROUP INC	183,170 (+17.9%)	$22.93M (+17.1%)	3.9%	$125.87	—	COM	038336103
TMO	THERMO FISHER SCIENTIFIC INC	35,664 (+17.6%)	$17.88M (+20.0%)	3.0%	$473.86	—	COM	883556102
LNN	LINDSAY CORP	179,283 (+10.9%)	$22.2M (+15.3%)	3.8%	$123.16	—	COM	535555106
AWK	AMERICAN WTR WKS CO INC NEW	35,967 (+152.3%)	$4.733M (+143.9%)	0.8%	$131.03	—	COM	030420103
NKE	NIKE INC	220,836 (+71.2%)	$9.065M (+33.0%)	1.5%	$57.02	—	CL B	654106103
CLX	CLOROX CO DEL	528,738 (+4.1%)	$50.46M (-4.2%)	8.6%	$127.40	—	COM	189054109
MSEX	MIDDLESEX WTR CO	85,830 (+50.1%)	$4.82M (+61.9%)	0.8%	$53.90	—	COM	596680108
AVO	MISSION PRODUCE INC	501,087 (+66.2%)	$5.908M (+42.4%)	1.0%	$12.51	—	COM	60510V108
DHR	DANAHER CORP DEL	17,162 (+72.3%)	$3.269M (+73.1%)	0.6%	$210.33	—	COM	235851102
WTRG	ESSENTIAL UTILS INC	238,896 (+22.6%)	$9.152M (+16.7%)	1.6%	$38.99	—	COM	29670G102
DGX	QUEST DIAGNOSTICS INC	27,470 (+11.9%)	$5.822M (+21.1%)	1.0%	$182.62	—	COM	74834L100

Exited Positions (4)

MASI MASIMO CORP 7.4%

Value $43.53M Shares 244,704 Est. Cost $145.14 Unrealized —

CVGW CALAVO GROWERS INC 2.5%

Value $14.69M Shares 569,627 Est. Cost $29.15 Unrealized —

SEMR SEMRUSH HLDGS INC 0.7%

Value $4.002M Shares 335,139 Est. Cost $9.37 Unrealized —

AWR AMER STATES WTR CO 0.3%

Value $1.956M Shares 25,872 Est. Cost $73.16 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MASI	MASIMO CORP	244,704	$43.53M	7.4%	$145.14	—	—	574795100
CVGW	CALAVO GROWERS INC	569,627	$14.69M	2.5%	$29.15	—	—	128246105
SEMR	SEMRUSH HLDGS INC	335,139	$4.002M	0.7%	$9.37	—	—	81686C104
AWR	AMER STATES WTR CO	25,872	$1.956M	0.3%	$73.16	—	—	029899101

Decreased Positions (25)

MRTN MARTEN TRANS LTD 1.6%

Value $9.488M (-85.0%) Shares 546,871 (-88.6%) Est. Cost $15.73 Unrealized —

WERN WERNER ENTERPRISES INC 1.4%

Value $8.283M (-81.5%) Shares 189,945 (-87.5%) Est. Cost $39.99 Unrealized —

GL GLOBE LIFE INC 0.3%

Value $1.923M (-91.2%) Shares 10,760 (-93.1%) Est. Cost $100.73 Unrealized —

CWT CALIFORNIA WTR SVC GROUP 9.1%

Value $53.32M (-26.7%) Shares 1,096,077 (-31.7%) Est. Cost $46.79 Unrealized —

SOLV SOLVENTUM CORP 4.8%

Value $28.12M (-35.8%) Shares 364,530 (-45.7%) Est. Cost $63.47 Unrealized —

HTO H2O AMERICA 1.6%

Value $9.386M (-59.2%) Shares 154,446 (-60.6%) Est. Cost $61.18 Unrealized —

WAT WATERS CORP 0.7%

Value $4.036M (-66.5%) Shares 10,762 (-73.4%) Est. Cost $366.25 Unrealized —

EG EVEREST GROUP LTD 1.7%

Value $10.14M (-42.1%) Shares 28,398 (-47.0%) Est. Cost $344.37 Unrealized —

KMB KIMBERLY-CLARK CORP 3.9%

Value $22.81M (-23.2%) Shares 207,780 (-32.5%) Est. Cost $109.32 Unrealized —

IEX IDEX CORP 0.3%

Value $1.693M (-80.1%) Shares 7,459 (-83.4%) Est. Cost $191.99 Unrealized —

AVA AVISTA CORP 2.0%

Value $11.82M (-18.9%) Shares 289,030 (-20.4%) Est. Cost $38.12 Unrealized —

BDX BECTON DICKINSON & CO 2.5%

Value $14.62M (-12.9%) Shares 96,615 (-9.5%) Est. Cost $192.02 Unrealized —

A AGILENT TECHNOLOGIES INC 0.3%

Value $1.758M (-53.1%) Shares 13,235 (-59.8%) Est. Cost $134.76 Unrealized —

NTRS NORTHERN TR CORP 0.0%

Value $253K (-88.5%) Shares 1,457 (-90.7%) Est. Cost $76.65 Unrealized —

EL LAUDER ESTEE COS INC 0.3%

Value $1.597M (-37.9%) Shares 20,227 (-43.6%) Est. Cost $109.29 Unrealized —

AIG AMERICAN INTL GROUP INC 0.5%

Value $2.985M (-23.3%) Shares 40,045 (-22.6%) Est. Cost $76.34 Unrealized —

KVUE KENVUE INC 4.7%

Value $27.68M (-3.0%) Shares 1,448,488 (-12.5%) Est. Cost $17.22 Unrealized —

RGA REINSURANCE GROUP AMER INC 0.5%

Value $3.121M (-20.8%) Shares 14,675 (-24.0%) Est. Cost $149.37 Unrealized —

CNH CNH INDL N V 1.1%

Value $6.432M (-10.5%) Shares 572,723 (-12.3%) Est. Cost $10.96 Unrealized —

DOC HEALTHPEAK PROPERTIES INC 0.5%

Value $3.149M (-16.2%) Shares 147,135 (-35.7%) Est. Cost $19.06 Unrealized —

MMM 3M CO 0.6%

Value $3.337M (-13.1%) Shares 20,612 (-22.1%) Est. Cost $163.96 Unrealized —

ABT ABBOTT LABORATORIES 0.3%

Value $1.543M (-18.9%) Shares 17,002 (-8.3%) Est. Cost $115.41 Unrealized —

HSIC SCHEIN HENRY INC 2.4%

Value $14.05M (-1.7%) Shares 168,165 (-13.3%) Est. Cost $70.73 Unrealized —

ARE ALEXANDRIA REAL ESTATE EQ IN 1.1%

Value $6.693M (+2.5%) Shares 126,634 (-10.0%) Est. Cost $65.88 Unrealized —

IWS ISHARES TR 0.6%

Value $3.762M (+1.5%) Shares 22,856 (-10.2%) Est. Cost $136.73 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MRTN	MARTEN TRANS LTD	546,871 (-88.6%)	$9.488M (-85.0%)	1.6%	$15.73	—	COM	573075108
WERN	WERNER ENTERPRISES INC	189,945 (-87.5%)	$8.283M (-81.5%)	1.4%	$39.99	—	COM	950755108
GL	GLOBE LIFE INC	10,760 (-93.1%)	$1.923M (-91.2%)	0.3%	$100.73	—	COM	37959E102
CWT	CALIFORNIA WTR SVC GROUP	1,096,077 (-31.7%)	$53.32M (-26.7%)	9.1%	$46.79	—	COM	130788102
SOLV	SOLVENTUM CORP	364,530 (-45.7%)	$28.12M (-35.8%)	4.8%	$63.47	—	COM SHS	83444M101
HTO	H2O AMERICA	154,446 (-60.6%)	$9.386M (-59.2%)	1.6%	$61.18	—	COM	784305104
WAT	WATERS CORP	10,762 (-73.4%)	$4.036M (-66.5%)	0.7%	$366.25	—	COM	941848103
EG	EVEREST GROUP LTD	28,398 (-47.0%)	$10.14M (-42.1%)	1.7%	$344.37	—	COM	G3223R108
KMB	KIMBERLY-CLARK CORP	207,780 (-32.5%)	$22.81M (-23.2%)	3.9%	$109.32	—	COM	494368103
IEX	IDEX CORP	7,459 (-83.4%)	$1.693M (-80.1%)	0.3%	$191.99	—	COM	45167R104
AVA	AVISTA CORP	289,030 (-20.4%)	$11.82M (-18.9%)	2.0%	$38.12	—	COM	05379B107
BDX	BECTON DICKINSON & CO	96,615 (-9.5%)	$14.62M (-12.9%)	2.5%	$192.02	—	COM	075887109
A	AGILENT TECHNOLOGIES INC	13,235 (-59.8%)	$1.758M (-53.1%)	0.3%	$134.76	—	COM	00846U101
NTRS	NORTHERN TR CORP	1,457 (-90.7%)	$253K (-88.5%)	0.0%	$76.65	—	COM	665859104
EL	LAUDER ESTEE COS INC	20,227 (-43.6%)	$1.597M (-37.9%)	0.3%	$109.29	—	CL A	518439104
AIG	AMERICAN INTL GROUP INC	40,045 (-22.6%)	$2.985M (-23.3%)	0.5%	$76.34	—	COM NEW	026874784
KVUE	KENVUE INC	1,448,488 (-12.5%)	$27.68M (-3.0%)	4.7%	$17.22	—	COM	49177J102
RGA	REINSURANCE GROUP AMER INC	14,675 (-24.0%)	$3.121M (-20.8%)	0.5%	$149.37	—	COM NEW	759351604
CNH	CNH INDL N V	572,723 (-12.3%)	$6.432M (-10.5%)	1.1%	$10.96	—	SHS	N20944109
DOC	HEALTHPEAK PROPERTIES INC	147,135 (-35.7%)	$3.149M (-16.2%)	0.5%	$19.06	—	COM	42250P103
MMM	3M CO	20,612 (-22.1%)	$3.337M (-13.1%)	0.6%	$163.96	—	COM	88579Y101
ABT	ABBOTT LABORATORIES	17,002 (-8.3%)	$1.543M (-18.9%)	0.3%	$115.41	—	COM	002824100
HSIC	SCHEIN HENRY INC	168,165 (-13.3%)	$14.05M (-1.7%)	2.4%	$70.73	—	COM	806407102
ARE	ALEXANDRIA REAL ESTATE EQ IN	126,634 (-10.0%)	$6.693M (+2.5%)	1.1%	$65.88	—	COM	015271109
IWS	ISHARES TR	22,856 (-10.2%)	$3.762M (+1.5%)	0.6%	$136.73	—	RUS MDCP VAL ETF	464287473