Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LRCX	Lam Research Corporation	34,100	$14.78M	2.7%	$433.33	—	COM	512807306
TSM	Taiwan Semiconductor	24,785	$11.84M	2.1%	$477.57	—	COM	874039100
HEI	HEICO Corporation	24,466	$8.715M	1.6%	$356.19	—	COM	422806109
LITE	Lumentum Holdings Inc.	7,208	$6.185M	1.1%	$858.06	—	COM	55024U109
STRL	Sterling Construction Co	6,937	$5.823M	1.1%	$839.36	—	COM	859241101
GE	GE Aerospace	624	$233K	0.0%	$373.73	—	COM	369604301

Increased Positions (4)

GOOG Alphabet Inc. Class C 6.0%

Value $32.91M (+97.8%) Shares 93,155 (+60.6%) Est. Cost $277.84 Unrealized —

LLY Eli Lilly & Co. 4.6%

Value $25.28M (+36.4%) Shares 21,079 (+4.6%) Est. Cost $955.48 Unrealized —

AVGO Broadcom Limited 2.1%

Value $11.74M (+121.7%) Shares 31,070 (+81.7%) Est. Cost $365.82 Unrealized —

VRT Vertiv Holdings Co. 2.1%

Value $11.57M (+79.9%) Shares 34,554 (+34.6%) Est. Cost $234.58 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	Alphabet Inc. Class C	93,155 (+60.6%)	$32.91M (+97.8%)	6.0%	$277.84	—	COM	02079K107
LLY	Eli Lilly & Co.	21,079 (+4.6%)	$25.28M (+36.4%)	4.6%	$955.48	—	COM	532457108
AVGO	Broadcom Limited	31,070 (+81.7%)	$11.74M (+121.7%)	2.1%	$365.82	—	COM	11135F101
VRT	Vertiv Holdings Co.	34,554 (+34.6%)	$11.57M (+79.9%)	2.1%	$234.58	—	COM	92537N108

Exited Positions (4)

CDNS Cadence Design Systems, Inc. 2.1%

Value $11.29M Shares 40,636 Est. Cost $264.94 Unrealized —

DXCM DexCom, Inc. 1.2%

Value $6.633M Shares 105,626 Est. Cost $92.82 Unrealized —

INTU Intuit Inc. 1.2%

Value $6.593M Shares 15,249 Est. Cost $411.83 Unrealized —

PODD Insulet Corp 1.1%

Value $5.945M Shares 28,331 Est. Cost $271.62 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CDNS	Cadence Design Systems, Inc.	40,636	$11.29M	2.1%	$264.94	—	—	127387108
DXCM	DexCom, Inc.	105,626	$6.633M	1.2%	$92.82	—	—	252131107
INTU	Intuit Inc.	15,249	$6.593M	1.2%	$411.83	—	—	461202103
PODD	Insulet Corp	28,331	$5.945M	1.1%	$271.62	—	—	45784P101

Decreased Positions (23)

AMD Advanced Micro Devices 7.7%

Value $42.28M (+166.6%) Shares 72,777 (-6.7%) Est. Cost $102.14 Unrealized —

NFLX Netflix Inc 0.0%

Value $215K (-98.9%) Shares 3,014 (-98.6%) Est. Cost $101.04 Unrealized —

CRWD CrowdStrike Holdings, Inc. 4.8%

Value $26.2M (+82.9%) Shares 34,334 (-6.4%) Est. Cost $356.18 Unrealized —

PANW Palo Alto Networks, Inc. 4.1%

Value $22.73M (+99.1%) Shares 66,645 (-6.4%) Est. Cost $141.94 Unrealized —

META Meta Platforms, Inc. 3.9%

Value $21.5M (-33.2%) Shares 38,166 (-32.2%) Est. Cost $475.63 Unrealized —

CRDO Credo Technology Group Holding 2.5%

Value $13.57M (+171.0%) Shares 49,893 (-6.5%) Est. Cost $152.47 Unrealized —

MSFT Microsoft Corporation 4.2%

Value $22.94M (-26.7%) Shares 61,497 (-27.3%) Est. Cost $173.38 Unrealized —

MA Mastercard Inc. 4.2%

Value $23.11M (-25.9%) Shares 45,004 (-28.0%) Est. Cost $215.55 Unrealized —

ANET Arista Networks 3.0%

Value $16.52M (+29.5%) Shares 97,257 (-6.4%) Est. Cost $111.14 Unrealized —

ISRG Intuitive Surgical, Inc. 2.8%

Value $15.23M (-19.2%) Shares 38,297 (-6.4%) Est. Cost $281.34 Unrealized —

HOOD Robinhood Markets, Inc. 2.5%

Value $13.55M (+35.6%) Shares 135,139 (-6.3%) Est. Cost $77.21 Unrealized —

AMZN Amazon.com Inc. 7.6%

Value $41.76M (+7.1%) Shares 175,204 (-6.4%) Est. Cost $114.53 Unrealized —

NVDA NVIDIA Corp 7.6%

Value $41.82M (+6.5%) Shares 209,018 (-7.2%) Est. Cost $91.99 Unrealized —

NOW ServiceNow, Inc. 3.5%

Value $19.43M (-11.2%) Shares 195,664 (-6.5%) Est. Cost $147.58 Unrealized —

PLTR Palantir Technologies Inc. 1.3%

Value $7.109M (-25.0%) Shares 60,931 (-5.9%) Est. Cost $34.96 Unrealized —

APH Amphenol Corp. 1.7%

Value $9.612M (+30.6%) Shares 54,513 (-6.4%) Est. Cost $110.57 Unrealized —

AXON Axon Enterprise, Inc. 1.7%

Value $9.34M (+23.5%) Shares 16,661 (-6.4%) Est. Cost $551.67 Unrealized —

SHOP Shopify Inc. 2.6%

Value $14.05M (-9.3%) Shares 123,083 (-5.8%) Est. Cost $108.09 Unrealized —

HWM Howmet Aerospace Inc. 2.9%

Value $15.88M (+9.1%) Shares 59,070 (-6.4%) Est. Cost $210.80 Unrealized —

MELI MercadoLibre, Inc. 2.3%

Value $12.49M (-8.4%) Shares 7,358 (-6.7%) Est. Cost $1102.84 Unrealized —

COIN Coinbase Global, Inc. 0.7%

Value $3.96M (-21.7%) Shares 27,088 (-6.4%) Est. Cost $250.26 Unrealized —

UBER Uber Technologies Inc. 1.9%

Value $10.37M (-5.9%) Shares 143,654 (-6.2%) Est. Cost $58.93 Unrealized —

ORCL Oracle Corporation 1.2%

Value $6.651M (-6.0%) Shares 45,382 (-5.6%) Est. Cost $249.13 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMD	Advanced Micro Devices	72,777 (-6.7%)	$42.28M (+166.6%)	7.7%	$102.14	—	COM	007903107
NFLX	Netflix Inc	3,014 (-98.6%)	$215K (-98.9%)	0.0%	$101.04	—	COM	64110L106
CRWD	CrowdStrike Holdings, Inc.	34,334 (-6.4%)	$26.2M (+82.9%)	4.8%	$356.18	—	COM	22788C105
PANW	Palo Alto Networks, Inc.	66,645 (-6.4%)	$22.73M (+99.1%)	4.1%	$141.94	—	COM	697435105
META	Meta Platforms, Inc.	38,166 (-32.2%)	$21.5M (-33.2%)	3.9%	$475.63	—	COM	30303M102
CRDO	Credo Technology Group Holding	49,893 (-6.5%)	$13.57M (+171.0%)	2.5%	$152.47	—	COM	G25457105
MSFT	Microsoft Corporation	61,497 (-27.3%)	$22.94M (-26.7%)	4.2%	$173.38	—	COM	594918104
MA	Mastercard Inc.	45,004 (-28.0%)	$23.11M (-25.9%)	4.2%	$215.55	—	COM	57636Q104
ANET	Arista Networks	97,257 (-6.4%)	$16.52M (+29.5%)	3.0%	$111.14	—	COM	040413205
ISRG	Intuitive Surgical, Inc.	38,297 (-6.4%)	$15.23M (-19.2%)	2.8%	$281.34	—	COM	46120E602
HOOD	Robinhood Markets, Inc.	135,139 (-6.3%)	$13.55M (+35.6%)	2.5%	$77.21	—	COM	770700102
AMZN	Amazon.com Inc.	175,204 (-6.4%)	$41.76M (+7.1%)	7.6%	$114.53	—	COM	023135106
NVDA	NVIDIA Corp	209,018 (-7.2%)	$41.82M (+6.5%)	7.6%	$91.99	—	COM	67066G104
NOW	ServiceNow, Inc.	195,664 (-6.5%)	$19.43M (-11.2%)	3.5%	$147.58	—	COM	81762P102
PLTR	Palantir Technologies Inc.	60,931 (-5.9%)	$7.109M (-25.0%)	1.3%	$34.96	—	COM	69608A108
APH	Amphenol Corp.	54,513 (-6.4%)	$9.612M (+30.6%)	1.7%	$110.57	—	COM	032095101
AXON	Axon Enterprise, Inc.	16,661 (-6.4%)	$9.34M (+23.5%)	1.7%	$551.67	—	COM	05464C101
SHOP	Shopify Inc.	123,083 (-5.8%)	$14.05M (-9.3%)	2.6%	$108.09	—	COM	82509L107
HWM	Howmet Aerospace Inc.	59,070 (-6.4%)	$15.88M (+9.1%)	2.9%	$210.80	—	COM	443201108
MELI	MercadoLibre, Inc.	7,358 (-6.7%)	$12.49M (-8.4%)	2.3%	$1102.84	—	COM	58733R102
COIN	Coinbase Global, Inc.	27,088 (-6.4%)	$3.96M (-21.7%)	0.7%	$250.26	—	COM	19260Q107
UBER	Uber Technologies Inc.	143,654 (-6.2%)	$10.37M (-5.9%)	1.9%	$58.93	—	COM	90353T100
ORCL	Oracle Corporation	45,382 (-5.6%)	$6.651M (-6.0%)	1.2%	$249.13	—	COM	68389X105

Unchanged Positions (7)

JCI Johnson Controls, Inc. 1.0%

Value $5.572M Shares 38,139 Est. Cost $47.70 Unrealized —

AAPL Apple Inc. 0.5%

Value $2.699M Shares 9,326 Est. Cost $134.50 Unrealized —

V VISA Inc. 0.3%

Value $1.833M Shares 5,343 Est. Cost $127.22 Unrealized —

GEV GE Vernova Inc. 0.1%

Value $278K Shares 237 Est. Cost $736.93 Unrealized —

GOOGL Alphabet Inc. Class A 0.1%

Value $287K Shares 802 Est. Cost $285.60 Unrealized —

SWVXX Schwab Value Advantage Money I 0.1%

Value $525K Shares 525,371 Est. Cost $1.00 Unrealized —

PG Procter & Gamble Co. 0.0%

Value $220K Shares 1,500 Est. Cost $129.79 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JCI	Johnson Controls, Inc.	38,139	$5.572M	1.0%	$47.70	—	COM	G51502105
AAPL	Apple Inc.	9,326	$2.699M	0.5%	$134.50	—	COM	037833100
V	VISA Inc.	5,343	$1.833M	0.3%	$127.22	—	COM	92826C839
GEV	GE Vernova Inc.	237	$278K	0.1%	$736.93	—	COM	36828A101
GOOGL	Alphabet Inc. Class A	802	$287K	0.1%	$285.60	—	COM	02079K305
SWVXX	Schwab Value Advantage Money I	525,371	$525K	0.1%	$1.00	—	COM	808515605
PG	Procter & Gamble Co.	1,500	$220K	0.0%	$129.79	—	COM	742718109