Nikko Asset Management Americas, Inc. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TEM	TEMPUS AI INC	3,504,823 (+1.2%)	$206,960 (-25.9%)	2.4%	$49.05	+59.5%	COM	88023B103
BMNR	BITMINE IMMERSION TECHNOLOGI	4,911,524 (+29.9%)	$133,397 (-32.1%)	1.5%	$48.32	-16.1%	COM	09175A206
BIDU	BAIDU INC - SPON ADR	667,639 (+113.2%)	$87,214 (+111.4%)	1.0%	$121.01	—	COM	056752108
GOOG	ALPHABET INC-CL C	321,146 (+17.7%)	$100,772 (+51.7%)	1.2%	$187.27	+52.9%	COM	02079K107
CRCL	CIRCLE INTERNET GROUP INC	2,570,408 (+98.6%)	$203,936 (+18.9%)	2.4%	$131.71	-21.5%	COM	172573107
CRWV	COREWEAVE INC-CL A	876,373 (+253.6%)	$62,740 (+85.0%)	0.7%	$100.04	+1.4%	COM	21873S108
BABA	ALIBABA GROUP HOLDING-SP ADR	409,023 (+128.5%)	$59,942 (+87.4%)	0.7%	$156.67	—	COM	01609W102
TXG	10X GENOMICS INC-CLASS A	5,486,153 (+2.0%)	$89,424 (+42.3%)	1.0%	$49.57	-69.5%	COM	88025U109
ARCT	ARCTURUS THERAPEUTICS HOLDIN	2,026,588 (+4.0%)	$12,403 (-65.4%)	0.1%	$28.91	-62.6%	COM	03969T109
WGS	GENEDX HOLDINGS CORP	381,725 (+30.6%)	$49,647 (+57.9%)	0.6%	$115.58	+18.7%	COM	81663L200
PONY	PONY AI INC	1,974,499 (+266.2%)	$28,630 (+136.2%)	0.3%	$15.31	—	COM	732908108
XYZ	BLOCK INC	2,898,409 (+2.5%)	$188,657 (-7.6%)	2.2%	$99.41	-30.6%	COM	852234103
DE	DEERE & CO	219,991 (+14.8%)	$102,428 (+16.9%)	1.2%	$396.79	+17.9%	COM	244199105
NFLX	NETFLIX INC	133,180 (+11633.9%)	$12,486 (+818.1%)	0.1%	$107.19	+0.6%	COM	64110L106
DKNG	DRAFTKINGS INC-CL A	3,538,389 (+17.4%)	$121,933 (+8.2%)	1.4%	$16.86	+95.1%	COM	26142V105
TTD	TRADE DESK INC/THE -CLASS A	1,323,004 (+12.6%)	$50,208 (-12.8%)	0.6%	$69.24	-36.0%	COM	88339J105
KDK	KODIAK AI INC	789,471 (+27.7%)	$8,637 (+104.3%)	0.1%	$7.73	—	COM	500081104
KLAR	KLARNA GROUP PLC	759,624 (+56.4%)	$21,930 (+23.9%)	0.3%	$39.61	-13.3%	COM	G5279N105
BLSH	BULLISH	2,524,820 (+75.7%)	$95,514 (+4.5%)	1.1%	$55.89	-12.9%	COM	G16910120
DASH	DOORDASH INC - A	236,324 (+28.5%)	$53,523 (+7.0%)	0.6%	$213.05	+10.1%	COM	25809K105
LUNR	INTUITIVE MACHINES INC	526,378 (+8.1%)	$8,533 (+66.6%)	0.1%	$12.94	-10.5%	COM	46125A100
ACHR	ARCHER AVIATION INC-A	7,914,191 (+21.7%)	$59,515 (-4.3%)	0.7%	$6.51	+44.6%	COM	03945R102
SDGR	SCHRODINGER INC	2,819,670 (+6.8%)	$50,359 (-4.9%)	0.6%	$24.47	-22.5%	COM	80810D103
LHX	L3HARRIS TECHNOLOGIES INC	123,339 (+10.5%)	$36,217 (+6.3%)	0.4%	$225.04	+28.2%	COM	502431109
GRMN	GARMIN LTD	51,774 (+25.9%)	$10,502 (+3.8%)	0.1%	$136.25	+59.0%	COM	H2906T109
BMI	BADGER METER INC	5,272 (+64.8%)	$918 (+60.9%)	0.0%	$189.61	-5.2%	COM	056525108
TRGP	TARGA RESOURCES CORP	5,203 (+39.2%)	$960 (+53.3%)	0.0%	$165.98	+1.3%	COM	87612G101
PR	PERMIAN RESOURCES CORP	63,594 (+34.6%)	$892 (+47.4%)	0.0%	$14.24	-5.7%	COM	71424F105
INR	INFINITY NATURAL RESOUR-CL A	53,141 (+24.8%)	$782 (+40.2%)	0.0%	$17.18	-23.7%	COM	456941103
BG	BUNGE GLOBAL SA	9,279 (+22.4%)	$827 (+34.2%)	0.0%	$96.96	-5.3%	COM	H11356104
EOG	EOG RESOURCES INC	8,693 (+31.1%)	$912 (+22.7%)	0.0%	$72.89	+47.1%	COM	26875P101
WHD	CACTUS INC - A	14,020 (+5.4%)	$640 (+22.0%)	0.0%	$42.04	-0.6%	COM	127203107
SNPS	SYNOPSYS INC	23,737 (+5.9%)	$11,149 (+0.8%)	0.1%	$324.01	+37.1%	COM	871607107
HON	HONEYWELL INTERNATIONAL INC	21,793 (+5.8%)	$4,252 (-1.9%)	0.0%	$188.76	+3.3%	COM	438516106
MTDR	MATADOR RESOURCES CO	19,589 (+17.1%)	$831 (+10.6%)	0.0%	$52.80	-20.5%	COM	576485205
CAI	CARIS LIFE SCIENCES INC	54,719 (+15.5%)	$1,475 (+3.3%)	0.0%	$31.39	-10.3%	COM	142152107
ADSK	AUTODESK INC	1,345 (+2.4%)	$398 (-4.6%)	0.0%	$215.32	+40.5%	COM	052769106
OXY	OCCIDENTAL PETROLEUM CORP	17,463 (+16.6%)	$718 (+1.4%)	0.0%	$52.37	-20.7%	COM	674599105
ADBE	ADOBE INC	657 (+4.0%)	$230 (+3.2%)	0.0%	$382.35	-11.1%	COM	00724F101

Exited Positions (4)

BILL BILL HOLDINGS INC 0.1%

Value ($000) $12,703 Shares 239,858 Est. Cost $113.64 Unrealized -54.8%

— ATAI LIFE SCIENCES NV 0.0%

Value ($000) $1,071 Shares 202,781 Est. Cost $5.28 Unrealized —

BTG B2GOLD CORP 0.0%

Value ($000) $483 Shares 97,810 Est. Cost $2.66 Unrealized +75.4%

ERO ERO COPPER CORP 0.0%

Value ($000) $426 Shares 21,045 Est. Cost $13.34 Unrealized +74.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BILL	BILL HOLDINGS INC	239,858	$12,703	0.1%	$113.64	-54.8%	—	090043100
—	ATAI LIFE SCIENCES NV	202,781	$1,071	0.0%	$5.28	—	—	N0731H103
BTG	B2GOLD CORP	97,810	$483	0.0%	$2.66	+75.4%	—	11777Q209
ERO	ERO COPPER CORP	21,045	$426	0.0%	$13.34	+74.6%	—	296006109

Decreased Positions (125)

HOOD ROBINHOOD MARKETS INC - A 6.0%

Value ($000) $515,119 (-33.1%) Shares 4,555,755 (-15.3%) Est. Cost $22.29 Unrealized +483.4%

RBLX ROBLOX CORP -CLASS A 2.6%

Value ($000) $224,271 (-48.9%) Shares 2,768,781 (-12.6%) Est. Cost $47.82 Unrealized +122.0%

PLTR PALANTIR TECHNOLOGIES INC-A 3.8%

Value ($000) $328,051 (-27.5%) Shares 1,845,578 (-25.6%) Est. Cost $14.51 Unrealized +1147.8%

TSLA TESLA INC 5.0%

Value ($000) $435,375 (-21.2%) Shares 968,469 (-22.1%) Est. Cost $235.67 Unrealized +88.1%

EXAS EXACT SCIENCES CORP 0.1%

Value ($000) $8,857 (-87.4%) Shares 87,207 (-93.2%) Est. Cost $56.78 Unrealized +41.4%

GTLB GITLAB INC-CL A 0.2%

Value ($000) $19,154 (-75.9%) Shares 510,360 (-71.1%) Est. Cost $54.36 Unrealized -20.4%

SHOP SHOPIFY INC - CLASS A 6.1%

Value ($000) $529,841 (-10.1%) Shares 3,293,185 (-17.0%) Est. Cost $50.80 Unrealized +216.0%

PINS PINTEREST INC- CLASS A 0.7%

Value ($000) $64,065 (-47.7%) Shares 2,475,455 (-35.0%) Est. Cost $30.38 Unrealized -5.2%

IRDM IRIDIUM COMMUNICATIONS INC 0.2%

Value ($000) $19,419 (-74.2%) Shares 1,117,952 (-74.1%) Est. Cost $34.32 Unrealized -48.5%

MELI MERCADOLIBRE INC 1.9%

Value ($000) $164,107 (-23.3%) Shares 81,473 (-11.0%) Est. Cost $1077.89 Unrealized +94.9%

ROKU ROKU INC 3.7%

Value ($000) $318,800 (-13.1%) Shares 2,941,504 (-19.7%) Est. Cost $130.20 Unrealized -22.0%

RDDT REDDIT INC-CL A 0.0%

Value ($000) $1,070 (-97.5%) Shares 4,662 (-97.5%) Est. Cost $56.29 Unrealized +273.6%

CRSP CRISPR THERAPEUTICS AG 1.2%

Value ($000) $102,605 (-26.8%) Shares 1,958,111 (-9.5%) Est. Cost $57.15 Unrealized +4.8%

KTOS KRATOS DEFENSE & SECURITY 1.1%

Value ($000) $97,254 (-27.5%) Shares 1,281,687 (-12.7%) Est. Cost $24.20 Unrealized +238.3%

SPOT SPOTIFY TECHNOLOGY SA 1.0%

Value ($000) $89,607 (-26.4%) Shares 154,336 (-11.6%) Est. Cost $197.60 Unrealized +216.4%

ILMN ILLUMINA INC 1.3%

Value ($000) $116,241 (+33.6%) Shares 886,865 (-3.3%) Est. Cost $120.37 Unrealized -2.5%

IBTA IBOTTA INC-CL A 0.1%

Value ($000) $7,740 (-78.3%) Shares 341,265 (-73.3%) Est. Cost $59.23 Unrealized -54.4%

META META PLATFORMS INC-CLASS A 1.8%

Value ($000) $153,189 (-14.7%) Shares 232,164 (-5.1%) Est. Cost $341.50 Unrealized +95.4%

SOFI SOFI TECHNOLOGIES INC 1.0%

Value ($000) $86,347 (-22.1%) Shares 3,298,204 (-21.4%) Est. Cost $11.85 Unrealized +135.1%

NET CLOUDFLARE INC - CLASS A 1.0%

Value ($000) $89,123 (-21.2%) Shares 452,103 (-14.3%) Est. Cost $74.04 Unrealized +185.7%

ADPT ADAPTIVE BIOTECHNOLOGIES 0.4%

Value ($000) $31,615 (-42.1%) Shares 1,947,963 (-46.6%) Est. Cost $18.96 Unrealized -13.9%

TOST TOAST INC-CLASS A 1.6%

Value ($000) $134,986 (-13.5%) Shares 3,801,347 (-11.2%) Est. Cost $23.03 Unrealized +56.5%

NTLA INTELLIA THERAPEUTICS INC 0.2%

Value ($000) $19,688 (-51.5%) Shares 2,192,461 (-6.9%) Est. Cost $34.79 Unrealized -60.4%

AVAV AEROVIRONMENT INC 0.6%

Value ($000) $48,289 (-29.4%) Shares 199,824 (-8.0%) Est. Cost $103.22 Unrealized +204.6%

GH GUARDANT HEALTH INC 0.8%

Value ($000) $65,381 (+38.7%) Shares 640,295 (-15.1%) Est. Cost $34.32 Unrealized +160.6%

AMZN AMAZON.COM INC 2.2%

Value ($000) $186,584 (-8.2%) Shares 808,354 (-12.7%) Est. Cost $188.55 Unrealized +21.3%

TRMB TRIMBLE INC 0.9%

Value ($000) $79,442 (-16.6%) Shares 1,013,933 (-13.1%) Est. Cost $73.11 Unrealized +9.0%

AUR AURORA INNOVATION INC 0.3%

Value ($000) $24,726 (-36.8%) Shares 6,439,145 (-11.2%) Est. Cost $5.76 Unrealized -20.5%

SE SEA LTD-ADR 0.3%

Value ($000) $25,020 (-34.5%) Shares 196,187 (-8.2%) Est. Cost $70.49 Unrealized —

AMD ADVANCED MICRO DEVICES 3.5%

Value ($000) $304,414 (+4.1%) Shares 1,421,697 (-21.3%) Est. Cost $121.70 Unrealized +84.6%

CRWD CROWDSTRIKE HOLDINGS INC - A 0.9%

Value ($000) $74,357 (-13.8%) Shares 158,658 (-9.9%) Est. Cost $187.00 Unrealized +172.3%

TER TERADYNE INC 2.5%

Value ($000) $212,686 (-5.0%) Shares 1,099,833 (-32.4%) Est. Cost $108.06 Unrealized +58.7%

PD PAGERDUTY INC 0.4%

Value ($000) $31,730 (-26.1%) Shares 2,422,159 (-6.9%) Est. Cost $29.32 Unrealized -50.3%

RXRX RECURSION PHARMACEUTICALS-A 0.3%

Value ($000) $25,382 (-30.2%) Shares 6,221,025 (-16.7%) Est. Cost $9.05 Unrealized -45.3%

NRIX NURIX THERAPEUTICS INC 0.3%

Value ($000) $24,482 (+70.1%) Shares 1,290,554 (-17.1%) Est. Cost $16.55 Unrealized -13.2%

PRME PRIME MEDICINE INC 0.1%

Value ($000) $11,197 (-44.1%) Shares 3,245,506 (-10.6%) Est. Cost $8.71 Unrealized -49.0%

PYPL PAYPAL HOLDINGS INC 0.3%

Value ($000) $30,118 (-21.3%) Shares 515,983 (-9.6%) Est. Cost $64.88 Unrealized -0.1%

FUTU FUTU HOLDINGS LTD-ADR 0.4%

Value ($000) $30,993 (-20.7%) Shares 188,707 (-16.0%) Est. Cost $86.61 Unrealized —

Z ZILLOW GROUP INC - C 0.3%

Value ($000) $28,326 (-19.2%) Shares 415,217 (-8.7%) Est. Cost $74.65 Unrealized -3.0%

NTRA NATERA INC 1.2%

Value ($000) $107,836 (+6.6%) Shares 471,084 (-25.1%) Est. Cost $97.11 Unrealized +114.8%

GENI GENIUS SPORTS LTD 0.3%

Value ($000) $25,985 (-20.1%) Shares 2,360,129 (-10.3%) Est. Cost $12.28 Unrealized -11.2%

NU NU HOLDINGS LTD/CAYMAN ISL-A 0.9%

Value ($000) $74,544 (-8.0%) Shares 4,450,395 (-12.1%) Est. Cost $9.36 Unrealized +71.8%

NVDA NVIDIA CORP 2.1%

Value ($000) $180,558 (-3.4%) Shares 968,192 (-3.4%) Est. Cost $95.57 Unrealized +94.8%

BWXT BWX TECHNOLOGIES INC 0.5%

Value ($000) $43,630 (-12.8%) Shares 252,490 (-6.9%) Est. Cost $107.74 Unrealized +74.0%

INTU INTUIT INC 0.3%

Value ($000) $29,235 (-15.9%) Shares 44,136 (-13.4%) Est. Cost $350.94 Unrealized +88.3%

BEAM BEAM THERAPEUTICS INC 1.4%

Value ($000) $122,182 (+4.2%) Shares 4,409,300 (-8.7%) Est. Cost $29.25 Unrealized -12.8%

ETOR ETORO GROUP LTD-A 0.2%

Value ($000) $16,839 (-21.9%) Shares 479,481 (-8.3%) Est. Cost $61.55 Unrealized -37.3%

CRM SALESFORCE INC 0.2%

Value ($000) $13,802 (-25.1%) Shares 52,104 (-33.0%) Est. Cost $309.01 Unrealized -19.7%

CCJ CAMECO CORP 0.4%

Value ($000) $34,743 (-9.6%) Shares 379,751 (-17.1%) Est. Cost $37.06 Unrealized +142.7%

PACB PACIFIC BIOSCIENCES OF CALIF 0.2%

Value ($000) $14,602 (+32.5%) Shares 7,808,580 (-10.0%) Est. Cost $17.78 Unrealized -89.2%

NXDR NEXTDOOR HOLDINGS INC 0.3%

Value ($000) $24,871 (-12.5%) Shares 11,899,919 (-12.9%) Est. Cost $2.82 Unrealized -30.6%

U UNITY SOFTWARE INC 1.0%

Value ($000) $82,639 (-4.0%) Shares 1,871,775 (-13.1%) Est. Cost $68.45 Unrealized -40.5%

FIG FIGMA INC-CL A 0.1%

Value ($000) $7,393 (-31.8%) Shares 197,987 (-5.4%) Est. Cost $68.66 Unrealized -34.2%

CTVA CORTEVA INC 0.2%

Value ($000) $19,599 (-14.7%) Shares 292,390 (-14.0%) Est. Cost $38.43 Unrealized +67.9%

KSPI JSC KASPI.KZ ADR 0.3%

Value ($000) $23,103 (-12.7%) Shares 295,469 (-8.8%) Est. Cost $122.35 Unrealized —

TSM TAIWAN SEMICONDUCTOR-SP ADR 1.3%

Value ($000) $108,672 (+2.9%) Shares 357,628 (-5.4%) Est. Cost $172.32 Unrealized —

DDOG DATADOG INC - CLASS A 0.2%

Value ($000) $16,653 (-15.3%) Shares 122,466 (-11.4%) Est. Cost $123.69 Unrealized +27.8%

ICE INTERCONTINENTAL EXCHANGE IN 0.2%

Value ($000) $14,652 (-13.5%) Shares 90,447 (-10.1%) Est. Cost $96.88 Unrealized +61.2%

RBRK RUBRIK INC-A 0.3%

Value ($000) $25,452 (-8.1%) Shares 332,930 (-1.2%) Est. Cost $33.13 Unrealized +131.6%

QSI QUANTUM-SI INC 0.1%

Value ($000) $5,113 (-30.5%) Shares 4,690,720 (-10.1%) Est. Cost $3.38 Unrealized -51.9%

VCYT VERACYTE INC 0.6%

Value ($000) $52,958 (+4.1%) Shares 1,257,898 (-15.1%) Est. Cost $26.57 Unrealized +51.7%

CDNA CAREDX INC 0.3%

Value ($000) $27,254 (+7.8%) Shares 1,446,616 (-16.9%) Est. Cost $28.99 Unrealized -42.2%

RKLB ROCKET LAB CORP 0.4%

Value ($000) $36,084 (+4.9%) Shares 517,560 (-27.9%) Est. Cost $24.48 Unrealized +134.2%

LAB STANDARD BIOTOOLS INC 0.1%

Value ($000) $5,507 (-21.4%) Shares 4,335,887 (-19.6%) Est. Cost $2.42 Unrealized -44.5%

ABNB AIRBNB INC-CLASS A 1.2%

Value ($000) $101,984 (+1.3%) Shares 751,429 (-9.4%) Est. Cost $128.00 Unrealized -2.7%

MASS 908 DEVICES INC 0.0%

Value ($000) $1,510 (-45.8%) Shares 288,081 (-9.5%) Est. Cost $34.44 Unrealized -79.7%

SRTA STRATA CRITICAL MEDICAL INC 0.1%

Value ($000) $8,052 (-12.6%) Shares 1,677,548 (-8.3%) Est. Cost $8.57 Unrealized -43.6%

REGN REGENERON PHARMACEUTICALS 0.1%

Value ($000) $12,482 (+9.8%) Shares 16,171 (-20.0%) Est. Cost $475.41 Unrealized +42.8%

TDY TELEDYNE TECHNOLOGIES INC 0.1%

Value ($000) $5,222 (-17.1%) Shares 10,224 (-5.0%) Est. Cost $422.41 Unrealized +24.7%

FCX FREEPORT-MCMORAN INC 0.1%

Value ($000) $4,703 (+24.3%) Shares 92,620 (-4.0%) Est. Cost $18.53 Unrealized +133.8%

VEEV VEEVA SYSTEMS INC-CLASS A 0.0%

Value ($000) $1,728 (-32.3%) Shares 7,739 (-9.6%) Est. Cost $270.16 Unrealized -1.8%

B BARRICK MINING CORP 0.0%

Value ($000) $3,665 (+28.4%) Shares 84,197 (-3.3%) Est. Cost $19.70 Unrealized +90.0%

NXPI NXP SEMICONDUCTORS NV 0.1%

Value ($000) $5,624 (-12.1%) Shares 25,932 (-7.7%) Est. Cost $166.91 Unrealized +28.0%

NEM NEWMONT CORP 0.1%

Value ($000) $6,400 (+13.7%) Shares 64,095 (-4.0%) Est. Cost $33.92 Unrealized +165.9%

TWST TWIST BIOSCIENCE CORP 0.7%

Value ($000) $60,263 (+1.0%) Shares 1,902,829 (-10.3%) Est. Cost $57.46 Unrealized -45.7%

CERS CERUS CORP 0.1%

Value ($000) $9,655 (+6.8%) Shares 4,709,959 (-17.2%) Est. Cost $5.25 Unrealized -67.0%

RIO RIO TINTO PLC-SPON ADR 0.0%

Value ($000) $4,095 (+16.8%) Shares 51,174 (-3.7%) Est. Cost $51.80 Unrealized —

GLBE GLOBAL-E ONLINE LTD 0.4%

Value ($000) $31,716 (-1.7%) Shares 806,820 (-10.6%) Est. Cost $33.08 Unrealized +12.1%

CAT CATERPILLAR INC 0.1%

Value ($000) $5,330 (+10.0%) Shares 9,306 (-8.4%) Est. Cost $170.00 Unrealized +226.8%

LMT LOCKHEED MARTIN CORP 0.1%

Value ($000) $4,772 (-8.1%) Shares 9,867 (-5.2%) Est. Cost $326.07 Unrealized +46.0%

ABSI ABSCI CORP 0.1%

Value ($000) $4,958 (+9.2%) Shares 1,424,778 (-4.6%) Est. Cost $4.07 Unrealized -10.5%

HBM HUDBAY MINERALS INC 0.0%

Value ($000) $1,825 (+29.4%) Shares 91,919 (-1.3%) Est. Cost $8.48 Unrealized +99.4%

MP MP MATERIALS CORP 0.0%

Value ($000) $749 (-35.4%) Shares 14,832 (-14.2%) Est. Cost $22.19 Unrealized +185.8%

STLD STEEL DYNAMICS INC 0.0%

Value ($000) $2,694 (+17.4%) Shares 15,903 (-3.3%) Est. Cost $26.49 Unrealized +497.7%

DPZ DOMINO'S PIZZA INC 0.0%

Value ($000) $2,884 (-10.8%) Shares 6,924 (-7.6%) Est. Cost $329.25 Unrealized +26.2%

BNR BURNING ROCK BIOTECH LTD-ADR 0.0%

Value ($000) $652 (+107.6%) Shares 31,807 (-8.7%) Est. Cost $6.29 Unrealized —

VALE VALE SA-SP ADR 0.0%

Value ($000) $2,396 (+16.3%) Shares 184,005 (-3.0%) Est. Cost $12.72 Unrealized —

AU ANGLOGOLD ASHANTI PLC 0.0%

Value ($000) $2,047 (+18.6%) Shares 24,017 (-2.2%) Est. Cost $17.52 Unrealized +342.2%

NUE NUCOR CORP 0.0%

Value ($000) $2,034 (+17.1%) Shares 12,473 (-2.8%) Est. Cost $62.51 Unrealized +139.6%

ALB ALBEMARLE CORP 0.0%

Value ($000) $1,464 (+24.6%) Shares 10,349 (-28.6%) Est. Cost $140.39 Unrealized -19.3%

PSNL PERSONALIS INC 0.0%

Value ($000) $4,127 (+7.1%) Shares 518,441 (-12.3%) Est. Cost $17.13 Unrealized -49.0%

UNP UNION PACIFIC CORP 0.0%

Value ($000) $643 (-28.3%) Shares 2,779 (-26.8%) Est. Cost $196.73 Unrealized +15.5%

HEI HEICO CORP 0.1%

Value ($000) $4,842 (-4.5%) Shares 14,964 (-4.7%) Est. Cost $134.44 Unrealized +135.0%

BHP BHP GROUP LTD-SPON ADR 0.1%

Value ($000) $5,504 (+3.9%) Shares 91,178 (-4.0%) Est. Cost $73.31 Unrealized —

MOS MOSAIC CO/THE 0.0%

Value ($000) $416 (-31.3%) Shares 17,276 (-1.1%) Est. Cost $29.26 Unrealized -8.6%

ESLT ELBIT SYSTEMS LTD 0.1%

Value ($000) $10,633 (+1.8%) Shares 18,418 (-10.3%) Est. Cost $128.15 Unrealized +290.6%

CVX CHEVRON CORP 0.0%

Value ($000) $3,235 (-5.5%) Shares 21,227 (-3.6%) Est. Cost $111.35 Unrealized +36.0%

— TOTALENERGIES SE 0.0%

Value ($000) $3,386 (+5.6%) Shares 51,779 (-3.7%) Est. Cost $49.76 Unrealized —

VRTX VERTEX PHARMACEUTICALS INC 0.0%

Value ($000) $2,862 (+5.9%) Shares 6,314 (-8.5%) Est. Cost $222.63 Unrealized +93.6%

PKG PACKAGING CORP OF AMERICA 0.0%

Value ($000) $1,838 (-7.6%) Shares 8,911 (-2.4%) Est. Cost $103.46 Unrealized +95.6%

AEM AGNICO EAGLE MINES LTD 0.0%

Value ($000) $4,204 (-3.2%) Shares 24,804 (-3.7%) Est. Cost $39.64 Unrealized +323.5%

EQT EQT CORP 0.0%

Value ($000) $735 (-15.2%) Shares 13,717 (-14.0%) Est. Cost $34.26 Unrealized +63.8%

NGD NEW GOLD INC 0.0%

Value ($000) $749 (+20.0%) Shares 86,146 (-1.1%) Est. Cost $1.97 Unrealized +283.0%

CMPS COMPASS PATHWAYS PLC 0.0%

Value ($000) $1,707 (+7.9%) Shares 247,337 (-10.7%) Est. Cost $9.42 Unrealized —

INCY INCYTE CORP 0.0%

Value ($000) $2,202 (+5.7%) Shares 22,293 (-9.3%) Est. Cost $76.47 Unrealized +26.5%

TECK TECK RESOURCES LTD-CLS B 0.0%

Value ($000) $2,389 (+5.0%) Shares 49,893 (-3.8%) Est. Cost $26.95 Unrealized +60.8%

XOM EXXON MOBIL CORP 0.1%

Value ($000) $5,872 (+2.0%) Shares 48,800 (-4.4%) Est. Cost $59.13 Unrealized +95.3%

MPC MARATHON PETROLEUM CORP 0.0%

Value ($000) $539 (-16.6%) Shares 3,313 (-1.1%) Est. Cost $68.14 Unrealized +173.6%

LBRT LIBERTY ENERGY INC 0.0%

Value ($000) $589 (+21.8%) Shares 31,924 (-18.6%) Est. Cost $15.52 Unrealized +7.7%

IONS IONIS PHARMACEUTICALS INC 0.1%

Value ($000) $7,401 (-1.2%) Shares 93,571 (-18.3%) Est. Cost $53.58 Unrealized +40.5%

BP BP PLC-SPONS ADR 0.0%

Value ($000) $2,374 (-3.8%) Shares 68,367 (-4.5%) Est. Cost $37.67 Unrealized —

SHEL SHELL PLC-ADR 0.1%

Value ($000) $5,314 (-1.4%) Shares 72,333 (-4.0%) Est. Cost $54.68 Unrealized —

CNQ CANADIAN NATURAL RESOURCES 0.0%

Value ($000) $2,270 (+3.2%) Shares 67,053 (-2.5%) Est. Cost $22.38 Unrealized +44.9%

SU SUNCOR ENERGY INC 0.0%

Value ($000) $1,516 (+4.4%) Shares 34,177 (-1.6%) Est. Cost $22.69 Unrealized +86.3%

COP CONOCOPHILLIPS 0.0%

Value ($000) $1,610 (-3.7%) Shares 17,200 (-2.7%) Est. Cost $44.01 Unrealized +104.5%

FTI TECHNIPFMC PLC 0.0%

Value ($000) $642 (+10.4%) Shares 14,407 (-2.2%) Est. Cost $15.23 Unrealized +177.1%

AMGN AMGEN INC 0.0%

Value ($000) $1,478 (+4.0%) Shares 4,517 (-10.4%) Est. Cost $276.78 Unrealized +14.2%

BKR BAKER HUGHES CO 0.0%

Value ($000) $589 (-8.6%) Shares 12,934 (-2.2%) Est. Cost $25.19 Unrealized +87.9%

NTR NUTRIEN LTD 0.1%

Value ($000) $5,734 (+0.9%) Shares 92,926 (-4.0%) Est. Cost $42.96 Unrealized +37.0%

TTWO TAKE-TWO INTERACTIVE SOFTWRE 0.0%

Value ($000) $1,954 (-2.3%) Shares 7,632 (-1.5%) Est. Cost $167.59 Unrealized +48.8%

VLO VALERO ENERGY CORP 0.0%

Value ($000) $558 (-6.7%) Shares 3,427 (-2.4%) Est. Cost $81.63 Unrealized +106.8%

HUN HUNTSMAN CORP 0.0%

Value ($000) $415 (+10.2%) Shares 41,523 (-1.1%) Est. Cost $25.97 Unrealized -64.8%

BBD BANCO BRADESCO-ADR 0.0%

Value ($000) $233 (-11.7%) Shares 69,898 (-10.4%) Est. Cost $6.05 Unrealized —

CCK CROWN HOLDINGS INC 0.0%

Value ($000) $589 (+4.2%) Shares 5,717 (-2.2%) Est. Cost $94.62 Unrealized +2.9%

AGI ALAMOS GOLD INC-CLASS A 0.1%

Value ($000) $4,381 (+0.5%) Shares 113,596 (-9.2%) Est. Cost $5.59 Unrealized +523.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HOOD	ROBINHOOD MARKETS INC - A	4,555,755 (-15.3%)	$515,119 (-33.1%)	6.0%	$22.29	+483.4%	COM	770700102
RBLX	ROBLOX CORP -CLASS A	2,768,781 (-12.6%)	$224,271 (-48.9%)	2.6%	$47.82	+122.0%	COM	771049103
PLTR	PALANTIR TECHNOLOGIES INC-A	1,845,578 (-25.6%)	$328,051 (-27.5%)	3.8%	$14.51	+1147.8%	COM	69608A108
TSLA	TESLA INC	968,469 (-22.1%)	$435,375 (-21.2%)	5.0%	$235.67	+88.1%	COM	88160R101
EXAS	EXACT SCIENCES CORP	87,207 (-93.2%)	$8,857 (-87.4%)	0.1%	$56.78	+41.4%	COM	30063P105
GTLB	GITLAB INC-CL A	510,360 (-71.1%)	$19,154 (-75.9%)	0.2%	$54.36	-20.4%	COM	37637K108
SHOP	SHOPIFY INC - CLASS A	3,293,185 (-17.0%)	$529,841 (-10.1%)	6.1%	$50.80	+216.0%	COM	82509L107
PINS	PINTEREST INC- CLASS A	2,475,455 (-35.0%)	$64,065 (-47.7%)	0.7%	$30.38	-5.2%	COM	72352L106
IRDM	IRIDIUM COMMUNICATIONS INC	1,117,952 (-74.1%)	$19,419 (-74.2%)	0.2%	$34.32	-48.5%	COM	46269C102
MELI	MERCADOLIBRE INC	81,473 (-11.0%)	$164,107 (-23.3%)	1.9%	$1077.89	+94.9%	COM	58733R102
ROKU	ROKU INC	2,941,504 (-19.7%)	$318,800 (-13.1%)	3.7%	$130.20	-22.0%	COM	77543R102
RDDT	REDDIT INC-CL A	4,662 (-97.5%)	$1,070 (-97.5%)	0.0%	$56.29	+273.6%	COM	75734B100
CRSP	CRISPR THERAPEUTICS AG	1,958,111 (-9.5%)	$102,605 (-26.8%)	1.2%	$57.15	+4.8%	COM	H17182108
KTOS	KRATOS DEFENSE & SECURITY	1,281,687 (-12.7%)	$97,254 (-27.5%)	1.1%	$24.20	+238.3%	COM	50077B207
SPOT	SPOTIFY TECHNOLOGY SA	154,336 (-11.6%)	$89,607 (-26.4%)	1.0%	$197.60	+216.4%	COM	L8681T102
ILMN	ILLUMINA INC	886,865 (-3.3%)	$116,241 (+33.6%)	1.3%	$120.37	-2.5%	COM	452327109
IBTA	IBOTTA INC-CL A	341,265 (-73.3%)	$7,740 (-78.3%)	0.1%	$59.23	-54.4%	COM	451051106
META	META PLATFORMS INC-CLASS A	232,164 (-5.1%)	$153,189 (-14.7%)	1.8%	$341.50	+95.4%	COM	30303M102
SOFI	SOFI TECHNOLOGIES INC	3,298,204 (-21.4%)	$86,347 (-22.1%)	1.0%	$11.85	+135.1%	COM	83406F102
NET	CLOUDFLARE INC - CLASS A	452,103 (-14.3%)	$89,123 (-21.2%)	1.0%	$74.04	+185.7%	COM	18915M107
ADPT	ADAPTIVE BIOTECHNOLOGIES	1,947,963 (-46.6%)	$31,615 (-42.1%)	0.4%	$18.96	-13.9%	COM	00650F109
TOST	TOAST INC-CLASS A	3,801,347 (-11.2%)	$134,986 (-13.5%)	1.6%	$23.03	+56.5%	COM	888787108
NTLA	INTELLIA THERAPEUTICS INC	2,192,461 (-6.9%)	$19,688 (-51.5%)	0.2%	$34.79	-60.4%	COM	45826J105
AVAV	AEROVIRONMENT INC	199,824 (-8.0%)	$48,289 (-29.4%)	0.6%	$103.22	+204.6%	COM	008073108
GH	GUARDANT HEALTH INC	640,295 (-15.1%)	$65,381 (+38.7%)	0.8%	$34.32	+160.6%	COM	40131M109
AMZN	AMAZON.COM INC	808,354 (-12.7%)	$186,584 (-8.2%)	2.2%	$188.55	+21.3%	COM	023135106
TRMB	TRIMBLE INC	1,013,933 (-13.1%)	$79,442 (-16.6%)	0.9%	$73.11	+9.0%	COM	896239100
AUR	AURORA INNOVATION INC	6,439,145 (-11.2%)	$24,726 (-36.8%)	0.3%	$5.76	-20.5%	COM	051774107
SE	SEA LTD-ADR	196,187 (-8.2%)	$25,020 (-34.5%)	0.3%	$70.49	—	COM	81141R100
AMD	ADVANCED MICRO DEVICES	1,421,697 (-21.3%)	$304,414 (+4.1%)	3.5%	$121.70	+84.6%	COM	007903107
CRWD	CROWDSTRIKE HOLDINGS INC - A	158,658 (-9.9%)	$74,357 (-13.8%)	0.9%	$187.00	+172.3%	COM	22788C105
TER	TERADYNE INC	1,099,833 (-32.4%)	$212,686 (-5.0%)	2.5%	$108.06	+58.7%	COM	880770102
PD	PAGERDUTY INC	2,422,159 (-6.9%)	$31,730 (-26.1%)	0.4%	$29.32	-50.3%	COM	69553P100
RXRX	RECURSION PHARMACEUTICALS-A	6,221,025 (-16.7%)	$25,382 (-30.2%)	0.3%	$9.05	-45.3%	COM	75629V104
NRIX	NURIX THERAPEUTICS INC	1,290,554 (-17.1%)	$24,482 (+70.1%)	0.3%	$16.55	-13.2%	COM	67080M103
PRME	PRIME MEDICINE INC	3,245,506 (-10.6%)	$11,197 (-44.1%)	0.1%	$8.71	-49.0%	COM	74168J101
PYPL	PAYPAL HOLDINGS INC	515,983 (-9.6%)	$30,118 (-21.3%)	0.3%	$64.88	-0.1%	COM	70450Y103
FUTU	FUTU HOLDINGS LTD-ADR	188,707 (-16.0%)	$30,993 (-20.7%)	0.4%	$86.61	—	COM	36118L106
Z	ZILLOW GROUP INC - C	415,217 (-8.7%)	$28,326 (-19.2%)	0.3%	$74.65	-3.0%	COM	98954M200
NTRA	NATERA INC	471,084 (-25.1%)	$107,836 (+6.6%)	1.2%	$97.11	+114.8%	COM	632307104
GENI	GENIUS SPORTS LTD	2,360,129 (-10.3%)	$25,985 (-20.1%)	0.3%	$12.28	-11.2%	COM	G3934V109
NU	NU HOLDINGS LTD/CAYMAN ISL-A	4,450,395 (-12.1%)	$74,544 (-8.0%)	0.9%	$9.36	+71.8%	COM	G6683N103
NVDA	NVIDIA CORP	968,192 (-3.4%)	$180,558 (-3.4%)	2.1%	$95.57	+94.8%	COM	67066G104
BWXT	BWX TECHNOLOGIES INC	252,490 (-6.9%)	$43,630 (-12.8%)	0.5%	$107.74	+74.0%	COM	05605H100
INTU	INTUIT INC	44,136 (-13.4%)	$29,235 (-15.9%)	0.3%	$350.94	+88.3%	COM	461202103
BEAM	BEAM THERAPEUTICS INC	4,409,300 (-8.7%)	$122,182 (+4.2%)	1.4%	$29.25	-12.8%	COM	07373V105
ETOR	ETORO GROUP LTD-A	479,481 (-8.3%)	$16,839 (-21.9%)	0.2%	$61.55	-37.3%	COM	G32089107
CRM	SALESFORCE INC	52,104 (-33.0%)	$13,802 (-25.1%)	0.2%	$309.01	-19.7%	COM	79466L302
CCJ	CAMECO CORP	379,751 (-17.1%)	$34,743 (-9.6%)	0.4%	$37.06	+142.7%	COM	13321L108
PACB	PACIFIC BIOSCIENCES OF CALIF	7,808,580 (-10.0%)	$14,602 (+32.5%)	0.2%	$17.78	-89.2%	COM	69404D108
NXDR	NEXTDOOR HOLDINGS INC	11,899,919 (-12.9%)	$24,871 (-12.5%)	0.3%	$2.82	-30.6%	COM	65345M108
U	UNITY SOFTWARE INC	1,871,775 (-13.1%)	$82,639 (-4.0%)	1.0%	$68.45	-40.5%	COM	91332U101
FIG	FIGMA INC-CL A	197,987 (-5.4%)	$7,393 (-31.8%)	0.1%	$68.66	-34.2%	COM	316841105
CTVA	CORTEVA INC	292,390 (-14.0%)	$19,599 (-14.7%)	0.2%	$38.43	+67.9%	COM	22052L104
KSPI	JSC KASPI.KZ ADR	295,469 (-8.8%)	$23,103 (-12.7%)	0.3%	$122.35	—	COM	48581R205
TSM	TAIWAN SEMICONDUCTOR-SP ADR	357,628 (-5.4%)	$108,672 (+2.9%)	1.3%	$172.32	—	COM	874039100
DDOG	DATADOG INC - CLASS A	122,466 (-11.4%)	$16,653 (-15.3%)	0.2%	$123.69	+27.8%	COM	23804L103
ICE	INTERCONTINENTAL EXCHANGE IN	90,447 (-10.1%)	$14,652 (-13.5%)	0.2%	$96.88	+61.2%	COM	45866F104
RBRK	RUBRIK INC-A	332,930 (-1.2%)	$25,452 (-8.1%)	0.3%	$33.13	+131.6%	COM	781154109
QSI	QUANTUM-SI INC	4,690,720 (-10.1%)	$5,113 (-30.5%)	0.1%	$3.38	-51.9%	COM	74765K105
VCYT	VERACYTE INC	1,257,898 (-15.1%)	$52,958 (+4.1%)	0.6%	$26.57	+51.7%	COM	92337F107
CDNA	CAREDX INC	1,446,616 (-16.9%)	$27,254 (+7.8%)	0.3%	$28.99	-42.2%	COM	14167L103
RKLB	ROCKET LAB CORP	517,560 (-27.9%)	$36,084 (+4.9%)	0.4%	$24.48	+134.2%	COM	773121108
LAB	STANDARD BIOTOOLS INC	4,335,887 (-19.6%)	$5,507 (-21.4%)	0.1%	$2.42	-44.5%	COM	34385P108
ABNB	AIRBNB INC-CLASS A	751,429 (-9.4%)	$101,984 (+1.3%)	1.2%	$128.00	-2.7%	COM	009066101
MASS	908 DEVICES INC	288,081 (-9.5%)	$1,510 (-45.8%)	0.0%	$34.44	-79.7%	COM	65443P102
SRTA	STRATA CRITICAL MEDICAL INC	1,677,548 (-8.3%)	$8,052 (-12.6%)	0.1%	$8.57	-43.6%	COM	092667104
REGN	REGENERON PHARMACEUTICALS	16,171 (-20.0%)	$12,482 (+9.8%)	0.1%	$475.41	+42.8%	COM	75886F107
TDY	TELEDYNE TECHNOLOGIES INC	10,224 (-5.0%)	$5,222 (-17.1%)	0.1%	$422.41	+24.7%	COM	879360105
FCX	FREEPORT-MCMORAN INC	92,620 (-4.0%)	$4,703 (+24.3%)	0.1%	$18.53	+133.8%	COM	35671D857
VEEV	VEEVA SYSTEMS INC-CLASS A	7,739 (-9.6%)	$1,728 (-32.3%)	0.0%	$270.16	-1.8%	COM	922475108
B	BARRICK MINING CORP	84,197 (-3.3%)	$3,665 (+28.4%)	0.0%	$19.70	+90.0%	COM	06849F108
NXPI	NXP SEMICONDUCTORS NV	25,932 (-7.7%)	$5,624 (-12.1%)	0.1%	$166.91	+28.0%	COM	N6596X109
NEM	NEWMONT CORP	64,095 (-4.0%)	$6,400 (+13.7%)	0.1%	$33.92	+165.9%	COM	651639106
TWST	TWIST BIOSCIENCE CORP	1,902,829 (-10.3%)	$60,263 (+1.0%)	0.7%	$57.46	-45.7%	COM	90184D100
CERS	CERUS CORP	4,709,959 (-17.2%)	$9,655 (+6.8%)	0.1%	$5.25	-67.0%	COM	157085101
RIO	RIO TINTO PLC-SPON ADR	51,174 (-3.7%)	$4,095 (+16.8%)	0.0%	$51.80	—	COM	767204100
GLBE	GLOBAL-E ONLINE LTD	806,820 (-10.6%)	$31,716 (-1.7%)	0.4%	$33.08	+12.1%	COM	M5216V106
CAT	CATERPILLAR INC	9,306 (-8.4%)	$5,330 (+10.0%)	0.1%	$170.00	+226.8%	COM	149123101
LMT	LOCKHEED MARTIN CORP	9,867 (-5.2%)	$4,772 (-8.1%)	0.1%	$326.07	+46.0%	COM	539830109
ABSI	ABSCI CORP	1,424,778 (-4.6%)	$4,958 (+9.2%)	0.1%	$4.07	-10.5%	COM	00091E109
HBM	HUDBAY MINERALS INC	91,919 (-1.3%)	$1,825 (+29.4%)	0.0%	$8.48	+99.4%	COM	443628102
MP	MP MATERIALS CORP	14,832 (-14.2%)	$749 (-35.4%)	0.0%	$22.19	+185.8%	COM	553368101
STLD	STEEL DYNAMICS INC	15,903 (-3.3%)	$2,694 (+17.4%)	0.0%	$26.49	+497.7%	COM	858119100
DPZ	DOMINO'S PIZZA INC	6,924 (-7.6%)	$2,884 (-10.8%)	0.0%	$329.25	+26.2%	COM	25754A201
BNR	BURNING ROCK BIOTECH LTD-ADR	31,807 (-8.7%)	$652 (+107.6%)	0.0%	$6.29	—	COM	12233L206
VALE	VALE SA-SP ADR	184,005 (-3.0%)	$2,396 (+16.3%)	0.0%	$12.72	—	COM	91912E105
AU	ANGLOGOLD ASHANTI PLC	24,017 (-2.2%)	$2,047 (+18.6%)	0.0%	$17.52	+342.2%	COM	G0378L100
NUE	NUCOR CORP	12,473 (-2.8%)	$2,034 (+17.1%)	0.0%	$62.51	+139.6%	COM	670346105
ALB	ALBEMARLE CORP	10,349 (-28.6%)	$1,464 (+24.6%)	0.0%	$140.39	-19.3%	COM	012653101
PSNL	PERSONALIS INC	518,441 (-12.3%)	$4,127 (+7.1%)	0.0%	$17.13	-49.0%	COM	71535D106
UNP	UNION PACIFIC CORP	2,779 (-26.8%)	$643 (-28.3%)	0.0%	$196.73	+15.5%	COM	907818108
HEI	HEICO CORP	14,964 (-4.7%)	$4,842 (-4.5%)	0.1%	$134.44	+135.0%	COM	422806109
BHP	BHP GROUP LTD-SPON ADR	91,178 (-4.0%)	$5,504 (+3.9%)	0.1%	$73.31	—	COM	088606108
MOS	MOSAIC CO/THE	17,276 (-1.1%)	$416 (-31.3%)	0.0%	$29.26	-8.6%	COM	61945C103
ESLT	ELBIT SYSTEMS LTD	18,418 (-10.3%)	$10,633 (+1.8%)	0.1%	$128.15	+290.6%	COM	M3760D101
CVX	CHEVRON CORP	21,227 (-3.6%)	$3,235 (-5.5%)	0.0%	$111.35	+36.0%	COM	166764100
—	TOTALENERGIES SE	51,779 (-3.7%)	$3,386 (+5.6%)	0.0%	$49.76	—	COM	89151E109
VRTX	VERTEX PHARMACEUTICALS INC	6,314 (-8.5%)	$2,862 (+5.9%)	0.0%	$222.63	+93.6%	COM	92532F100
PKG	PACKAGING CORP OF AMERICA	8,911 (-2.4%)	$1,838 (-7.6%)	0.0%	$103.46	+95.6%	COM	695156109
AEM	AGNICO EAGLE MINES LTD	24,804 (-3.7%)	$4,204 (-3.2%)	0.0%	$39.64	+323.5%	COM	008474108
EQT	EQT CORP	13,717 (-14.0%)	$735 (-15.2%)	0.0%	$34.26	+63.8%	COM	26884L109
NGD	NEW GOLD INC	86,146 (-1.1%)	$749 (+20.0%)	0.0%	$1.97	+283.0%	COM	644535106
CMPS	COMPASS PATHWAYS PLC	247,337 (-10.7%)	$1,707 (+7.9%)	0.0%	$9.42	—	COM	20451W101
INCY	INCYTE CORP	22,293 (-9.3%)	$2,202 (+5.7%)	0.0%	$76.47	+26.5%	COM	45337C102
TECK	TECK RESOURCES LTD-CLS B	49,893 (-3.8%)	$2,389 (+5.0%)	0.0%	$26.95	+60.8%	COM	878742204
XOM	EXXON MOBIL CORP	48,800 (-4.4%)	$5,872 (+2.0%)	0.1%	$59.13	+95.3%	COM	30231G102
MPC	MARATHON PETROLEUM CORP	3,313 (-1.1%)	$539 (-16.6%)	0.0%	$68.14	+173.6%	COM	56585A102
LBRT	LIBERTY ENERGY INC	31,924 (-18.6%)	$589 (+21.8%)	0.0%	$15.52	+7.7%	COM	53115L104
IONS	IONIS PHARMACEUTICALS INC	93,571 (-18.3%)	$7,401 (-1.2%)	0.1%	$53.58	+40.5%	COM	462222100
BP	BP PLC-SPONS ADR	68,367 (-4.5%)	$2,374 (-3.8%)	0.0%	$37.67	—	COM	055622104
SHEL	SHELL PLC-ADR	72,333 (-4.0%)	$5,314 (-1.4%)	0.1%	$54.68	—	COM	780259305
CNQ	CANADIAN NATURAL RESOURCES	67,053 (-2.5%)	$2,270 (+3.2%)	0.0%	$22.38	+44.9%	COM	136385101
SU	SUNCOR ENERGY INC	34,177 (-1.6%)	$1,516 (+4.4%)	0.0%	$22.69	+86.3%	COM	867224107
COP	CONOCOPHILLIPS	17,200 (-2.7%)	$1,610 (-3.7%)	0.0%	$44.01	+104.5%	COM	20825C104
FTI	TECHNIPFMC PLC	14,407 (-2.2%)	$642 (+10.4%)	0.0%	$15.23	+177.1%	COM	G87110105
AMGN	AMGEN INC	4,517 (-10.4%)	$1,478 (+4.0%)	0.0%	$276.78	+14.2%	COM	031162100
BKR	BAKER HUGHES CO	12,934 (-2.2%)	$589 (-8.6%)	0.0%	$25.19	+87.9%	COM	05722G100
NTR	NUTRIEN LTD	92,926 (-4.0%)	$5,734 (+0.9%)	0.1%	$42.96	+37.0%	COM	67077M108
TTWO	TAKE-TWO INTERACTIVE SOFTWRE	7,632 (-1.5%)	$1,954 (-2.3%)	0.0%	$167.59	+48.8%	COM	874054109
VLO	VALERO ENERGY CORP	3,427 (-2.4%)	$558 (-6.7%)	0.0%	$81.63	+106.8%	COM	91913Y100
HUN	HUNTSMAN CORP	41,523 (-1.1%)	$415 (+10.2%)	0.0%	$25.97	-64.8%	COM	447011107
BBD	BANCO BRADESCO-ADR	69,898 (-10.4%)	$233 (-11.7%)	0.0%	$6.05	—	COM	059460303
CCK	CROWN HOLDINGS INC	5,717 (-2.2%)	$589 (+4.2%)	0.0%	$94.62	+2.9%	COM	228368106
AGI	ALAMOS GOLD INC-CLASS A	113,596 (-9.2%)	$4,381 (+0.5%)	0.1%	$5.59	+523.7%	COM	011532108

Unchanged Positions (25)

COIN COINBASE GLOBAL INC -CLASS A 4.5%

Value ($000) $389,215 Shares 1,721,198 Est. Cost $148.66 Unrealized +100.4%

PSTG PURE STORAGE INC - CLASS A 0.8%

Value ($000) $72,492 Shares 1,081,806 Est. Cost $32.79 Unrealized +154.8%

JOBY JOBY AVIATION INC 0.3%

Value ($000) $23,851 Shares 1,808,251 Est. Cost $6.94 Unrealized +121.0%

LIN LINDE PLC 0.0%

Value ($000) $2,869 Shares 6,729 Est. Cost $322.30 Unrealized +32.6%

EQX EQUINOX GOLD CORP 0.0%

Value ($000) $1,576 Shares 112,274 Est. Cost $6.67 Unrealized +89.1%

APD AIR PRODUCTS & CHEMICALS INC 0.0%

Value ($000) $2,623 Shares 10,618 Est. Cost $236.89 Unrealized +6.2%

IP INTERNATIONAL PAPER CO 0.0%

Value ($000) $802 Shares 20,366 Est. Cost $31.90 Unrealized +28.1%

CF CF INDUSTRIES HOLDINGS INC 0.0%

Value ($000) $765 Shares 9,885 Est. Cost $33.06 Unrealized +147.8%

XYL XYLEM INC 0.0%

Value ($000) $1,109 Shares 8,145 Est. Cost $85.80 Unrealized +67.3%

CTRA COTERRA ENERGY INC 0.0%

Value ($000) $987 Shares 37,503 Est. Cost $18.46 Unrealized +36.0%

PDS PRECISION DRILLING CORP 0.0%

Value ($000) $434 Shares 6,043 Est. Cost $65.01 Unrealized -5.5%

SLB SLB LTD 0.0%

Value ($000) $938 Shares 24,458 Est. Cost $41.05 Unrealized -12.2%

HAL HALLIBURTON CO 0.0%

Value ($000) $667 Shares 23,625 Est. Cost $30.38 Unrealized -13.5%

SCCO SOUTHERN COPPER CORP 0.0%

Value ($000) $446 Shares 3,109 Est. Cost $24.25 Unrealized +447.6%

AAPL APPLE INC 0.0%

Value ($000) $1,066 Shares 3,920 Est. Cost $142.88 Unrealized +87.8%

WY WEYERHAEUSER CO 0.0%

Value ($000) $985 Shares 41,575 Est. Cost $22.91 Unrealized +0.4%

PSX PHILLIPS 66 0.0%

Value ($000) $857 Shares 6,639 Est. Cost $82.29 Unrealized +62.9%

MSFT MICROSOFT CORP 0.0%

Value ($000) $835 Shares 1,727 Est. Cost $303.63 Unrealized +64.9%

WMB WILLIAMS COS INC 0.0%

Value ($000) $656 Shares 10,919 Est. Cost $20.16 Unrealized +198.0%

ADM ARCHER-DANIELS-MIDLAND CO 0.0%

Value ($000) $837 Shares 14,551 Est. Cost $27.82 Unrealized +113.8%

RS RELIANCE INC 0.0%

Value ($000) $1,015 Shares 3,515 Est. Cost $300.72 Unrealized -6.6%

KMI KINDER MORGAN INC 0.0%

Value ($000) $716 Shares 26,070 Est. Cost $14.76 Unrealized +82.3%

QCOM QUALCOMM INC 0.0%

Value ($000) $829 Shares 4,844 Est. Cost $148.69 Unrealized +14.9%

OII OCEANEERING INTL INC 0.0%

Value ($000) $628 Shares 26,133 Est. Cost $21.96 Unrealized +10.0%

DIS WALT DISNEY CO/THE 0.0%

Value ($000) $955 Shares 8,398 Est. Cost $136.93 Unrealized -20.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
COIN	COINBASE GLOBAL INC -CLASS A	1,721,198	$389,215	4.5%	$148.66	+100.4%	COM	19260Q107
PSTG	PURE STORAGE INC - CLASS A	1,081,806	$72,492	0.8%	$32.79	+154.8%	COM	74624M102
JOBY	JOBY AVIATION INC	1,808,251	$23,851	0.3%	$6.94	+121.0%	COM	G65163100
LIN	LINDE PLC	6,729	$2,869	0.0%	$322.30	+32.6%	COM	G54950103
EQX	EQUINOX GOLD CORP	112,274	$1,576	0.0%	$6.67	+89.1%	COM	29446Y502
APD	AIR PRODUCTS & CHEMICALS INC	10,618	$2,623	0.0%	$236.89	+6.2%	COM	009158106
IP	INTERNATIONAL PAPER CO	20,366	$802	0.0%	$31.90	+28.1%	COM	460146103
CF	CF INDUSTRIES HOLDINGS INC	9,885	$765	0.0%	$33.06	+147.8%	COM	125269100
XYL	XYLEM INC	8,145	$1,109	0.0%	$85.80	+67.3%	COM	98419M100
CTRA	COTERRA ENERGY INC	37,503	$987	0.0%	$18.46	+36.0%	COM	127097103
PDS	PRECISION DRILLING CORP	6,043	$434	0.0%	$65.01	-5.5%	COM	74022D407
SLB	SLB LTD	24,458	$938	0.0%	$41.05	-12.2%	COM	806857108
HAL	HALLIBURTON CO	23,625	$667	0.0%	$30.38	-13.5%	COM	406216101
SCCO	SOUTHERN COPPER CORP	3,109	$446	0.0%	$24.25	+447.6%	COM	84265V105
AAPL	APPLE INC	3,920	$1,066	0.0%	$142.88	+87.8%	COM	037833100
WY	WEYERHAEUSER CO	41,575	$985	0.0%	$22.91	+0.4%	COM	962166104
PSX	PHILLIPS 66	6,639	$857	0.0%	$82.29	+62.9%	COM	718546104
MSFT	MICROSOFT CORP	1,727	$835	0.0%	$303.63	+64.9%	COM	594918104
WMB	WILLIAMS COS INC	10,919	$656	0.0%	$20.16	+198.0%	COM	969457100
ADM	ARCHER-DANIELS-MIDLAND CO	14,551	$837	0.0%	$27.82	+113.8%	COM	039483102
RS	RELIANCE INC	3,515	$1,015	0.0%	$300.72	-6.6%	COM	759509102
KMI	KINDER MORGAN INC	26,070	$716	0.0%	$14.76	+82.3%	COM	49456B101
QCOM	QUALCOMM INC	4,844	$829	0.0%	$148.69	+14.9%	COM	747525103
OII	OCEANEERING INTL INC	26,133	$628	0.0%	$21.96	+10.0%	COM	675232102
DIS	WALT DISNEY CO/THE	8,398	$955	0.0%	$136.93	-20.0%	COM	254687106