Mizuho Securities Co. Ltd. Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TCOM	TRIP COM GROUP LTD	66,740 (+5.3%)	$4,799 (+0.7%)	64.1%	$75.03	—	ADS	89677Q107
PYPL	PAYPAL HLDGS INC	305 (+335.7%)	$18 (+279.3%)	0.2%	$65.51	-1.0%	COM	70450Y103
ORCL	ORACLE CORP	35 (+250.0%)	$7 (+142.6%)	0.1%	$242.66	-1.9%	COM	68389X105
PFE	PFIZER INC	200 (+185.7%)	$5 (+179.1%)	0.1%	$24.72	+1.3%	COM	717081103

Exited Positions (31)

VRT VERTIV HOLDINGS CO 11.0%

Value ($000) $821 Shares 5,440 Est. Cost $98.09 Unrealized +77.0%

CRWD CROWDSTRIKE HLDGS INC 10.8%

Value ($000) $809 Shares 1,650 Est. Cost $444.49 Unrealized +14.6%

AAPL APPLE INC 10.2%

Value ($000) $764 Shares 3,000 Est. Cost $217.46 Unrealized +23.4%

TSLA TESLA INC 10.0%

Value ($000) $747 Shares 1,680 Est. Cost $330.64 Unrealized +34.1%

CRM SALESFORCE INC 7.9%

Value ($000) $588 Shares 2,480 Est. Cost $266.02 Unrealized -6.7%

UNH UNITEDHEALTH GROUP INC 6.5%

Value ($000) $488 Shares 1,413 Est. Cost $298.94 Unrealized +12.8%

INTC INTEL CORP 2.8%

Value ($000) $209 Shares 6,216 Est. Cost $24.23 Unrealized +55.9%

NFLX NETFLIX INC 2.2%

Value ($000) $168 Shares 140 Est. Cost $90.45 Unrealized +19.2%

ARM ARM HOLDINGS PLC 1.9%

Value ($000) $141 Shares 1,000 Est. Cost $129.92 Unrealized —

MU MICRON TECHNOLOGY INC 1.8%

Value ($000) $137 Shares 820 Est. Cost $94.39 Unrealized +143.0%

ETN EATON CORP PLC 1.8%

Value ($000) $137 Shares 365 Est. Cost $306.71 Unrealized +15.5%

AMZN AMAZON COM INC 1.8%

Value ($000) $133 Shares 605 Est. Cost $209.81 Unrealized +9.0%

META META PLATFORMS INC 1.6%

Value ($000) $123 Shares 168 Est. Cost $640.78 Unrealized +4.1%

GS GOLDMAN SACHS GROUP INC 1.6%

Value ($000) $119 Shares 150 Est. Cost $709.51 Unrealized +14.6%

GLW CORNING INC 1.4%

Value ($000) $107 Shares 1,300 Est. Cost $64.97 Unrealized +32.3%

AVGO BROADCOM INC 1.3%

Value ($000) $99 Shares 300 Est. Cost $202.44 Unrealized +76.3%

V VISA INC 1.3%

Value ($000) $96 Shares 280 Est. Cost $344.97 Unrealized -1.3%

GM GENERAL MTRS CO 1.2%

Value ($000) $91 Shares 1,500 Est. Cost $55.55 Unrealized +26.7%

PANW PALO ALTO NETWORKS INC 0.8%

Value ($000) $61 Shares 300 Est. Cost $170.89 Unrealized +18.1%

LLY ELI LILLY & CO 0.8%

Value ($000) $61 Shares 80 Est. Cost $788.08 Unrealized +21.3%

HD HOME DEPOT INC 0.8%

Value ($000) $61 Shares 150 Est. Cost $389.16 Unrealized -6.3%

XYZ BLOCK INC 0.6%

Value ($000) $44 Shares 610 Est. Cost $61.36 Unrealized +12.4%

UBER UBER TECHNOLOGIES INC 0.1%

Value ($000) $10 Shares 100 Est. Cost $72.61 Unrealized +24.0%

ITUB ITAU UNIBANCO HLDG S A 0.1%

Value ($000) $9 Shares 1,205 Est. Cost $6.79 Unrealized —

KO COCA COLA CO 0.1%

Value ($000) $7 Shares 100 Est. Cost $67.92 Unrealized +2.2%

LMT LOCKHEED MARTIN CORP 0.1%

Value ($000) $5 Shares 10 Est. Cost $448.15 Unrealized +6.3%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $5 Shares 25 Est. Cost $169.51 Unrealized +16.2%

VALE VALE S A 0.0%

Value ($000) $3 Shares 300 Est. Cost $9.80 Unrealized —

NKE NIKE INC 0.0%

Value ($000) $2 Shares 30 Est. Cost $73.79 Unrealized -12.0%

PG PROCTER AND GAMBLE CO 0.0%

Value ($000) $1 Shares 5 Est. Cost $161.31 Unrealized -8.8%

AEP AMERICAN ELEC PWR CO INC 0.0%

Value ($000) $1 Shares 5 Est. Cost $108.19 Unrealized +8.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VRT	VERTIV HOLDINGS CO	5,440	$821	11.0%	$98.09	+77.0%	—	92537N108
CRWD	CROWDSTRIKE HLDGS INC	1,650	$809	10.8%	$444.49	+14.6%	—	22788C105
AAPL	APPLE INC	3,000	$764	10.2%	$217.46	+23.4%	—	037833100
TSLA	TESLA INC	1,680	$747	10.0%	$330.64	+34.1%	—	88160R101
CRM	SALESFORCE INC	2,480	$588	7.9%	$266.02	-6.7%	—	79466L302
UNH	UNITEDHEALTH GROUP INC	1,413	$488	6.5%	$298.94	+12.8%	—	91324P102
INTC	INTEL CORP	6,216	$209	2.8%	$24.23	+55.9%	—	458140100
NFLX	NETFLIX INC	140	$168	2.2%	$90.45	+19.2%	—	64110L106
ARM	ARM HOLDINGS PLC	1,000	$141	1.9%	$129.92	—	—	042068205
MU	MICRON TECHNOLOGY INC	820	$137	1.8%	$94.39	+143.0%	—	595112103
ETN	EATON CORP PLC	365	$137	1.8%	$306.71	+15.5%	—	G29183103
AMZN	AMAZON COM INC	605	$133	1.8%	$209.81	+9.0%	—	023135106
META	META PLATFORMS INC	168	$123	1.6%	$640.78	+4.1%	—	30303M102
GS	GOLDMAN SACHS GROUP INC	150	$119	1.6%	$709.51	+14.6%	—	38141G104
GLW	CORNING INC	1,300	$107	1.4%	$64.97	+32.3%	—	219350105
AVGO	BROADCOM INC	300	$99	1.3%	$202.44	+76.3%	—	11135F101
V	VISA INC	280	$96	1.3%	$344.97	-1.3%	—	92826C839
GM	GENERAL MTRS CO	1,500	$91	1.2%	$55.55	+26.7%	—	37045V100
PANW	PALO ALTO NETWORKS INC	300	$61	0.8%	$170.89	+18.1%	—	697435105
LLY	ELI LILLY & CO	80	$61	0.8%	$788.08	+21.3%	—	532457108
HD	HOME DEPOT INC	150	$61	0.8%	$389.16	-6.3%	—	437076102
XYZ	BLOCK INC	610	$44	0.6%	$61.36	+12.4%	—	852234103
UBER	UBER TECHNOLOGIES INC	100	$10	0.1%	$72.61	+24.0%	—	90353T100
ITUB	ITAU UNIBANCO HLDG S A	1,205	$9	0.1%	$6.79	—	—	465562106
KO	COCA COLA CO	100	$7	0.1%	$67.92	+2.2%	—	191216100
LMT	LOCKHEED MARTIN CORP	10	$5	0.1%	$448.15	+6.3%	—	539830109
JNJ	JOHNSON & JOHNSON	25	$5	0.1%	$169.51	+16.2%	—	478160104
VALE	VALE S A	300	$3	0.0%	$9.80	—	—	91912E105
NKE	NIKE INC	30	$2	0.0%	$73.79	-12.0%	—	654106103
PG	PROCTER AND GAMBLE CO	5	$1	0.0%	$161.31	-8.8%	—	742718109
AEP	AMERICAN ELEC PWR CO INC	5	$1	0.0%	$108.19	+8.8%	—	025537101

Decreased Positions (3)

NVDA NVIDIA CORPORATION 0.0%

Value ($000) $2 (-99.6%) Shares 10 (-99.6%) Est. Cost $125.31 Unrealized +48.5%

GOOGL ALPHABET INC 0.3%

Value ($000) $24 (-89.5%) Shares 78 (-91.9%) Est. Cost $161.63 Unrealized +76.7%

MSFT MICROSOFT CORP 0.1%

Value ($000) $7 (-30.0%) Shares 15 (-25.0%) Est. Cost $424.01 Unrealized +18.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	10 (-99.6%)	$2 (-99.6%)	0.0%	$125.31	+48.5%	COM	67066G104
GOOGL	ALPHABET INC	78 (-91.9%)	$24 (-89.5%)	0.3%	$161.63	+76.7%	CAP STK CL A	02079K305
MSFT	MICROSOFT CORP	15 (-25.0%)	$7 (-30.0%)	0.1%	$424.01	+18.1%	COM	594918104

Unchanged Positions (5)

BILI BILIBILI INC 24.4%

Value ($000) $1,825 Shares 74,206 Est. Cost $27.01 Unrealized —

BABA ALIBABA GROUP HLDG LTD 5.4%

Value ($000) $403 Shares 2,750 Est. Cost $165.67 Unrealized —

JD JD.COM INC 3.5%

Value ($000) $261 Shares 9,100 Est. Cost $32.64 Unrealized —

LI LI AUTO INC 0.9%

Value ($000) $67 Shares 3,950 Est. Cost $27.11 Unrealized —

UMC UNITED MICROELECTRONICS CORP SPON 0.1%

Value ($000) $6 Shares 782 Est. Cost $7.63 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BILI	BILIBILI INC	74,206	$1,825	24.4%	$27.01	—	SPONS ADS REP Z	090040106
BABA	ALIBABA GROUP HLDG LTD	2,750	$403	5.4%	$165.67	—	SPONSORED ADS	01609W102
JD	JD.COM INC	9,100	$261	3.5%	$32.64	—	SPON ADS CL A	47215P106
LI	LI AUTO INC	3,950	$67	0.9%	$27.11	—	SPONSORED ADS	50202M102
UMC	UNITED MICROELECTRONICS CORP SPON	782	$6	0.1%	$7.63	—	ADR NEW	910873405