Van Berkom & Associates Inc. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GTES	GATES INDL CORP PLC ORD SHS	3,195,822	$69	2.0%	$23.08	0.0%	G39108 10 8 * GATES INDL CORP PLC ORD SHS	G39108108
PXED	PHOENIX ED PARTNERS INC	1,477,675	$45	1.3%	$33.28	0.0%	718968 10 0 PHOENIX ED PARTNERS INC COM ADDED	718968100
BGSI	BOYD GROUP SVCS INC.	31,411	$5	0.1%	$160.25	0.0%	103310 10 8 BOYD GROUP SERVICES INC COM ADDED	103310108
VITL	VITAL FARMS INC	107,758	$3	0.1%	$35.19	0.0%	92847W 10 3 * VITAL FARMS INC COM	92847W103
TER	TERADYNE INC.	1,000	$0	0.0%	$171.50	0.0%	880770 10 2 * TERADYNE INC COM	880770102
EWT	ISHARES MSCI TAIWAN INDEX	1,543	$0	0.0%	$0.06	—	46434G 77 2 * ISHARES INC MSCI TAIWAN ETF	46434G772
EWA	ISHARES INC MSCI AUST ETF	3,702	$0	0.0%	$0.03	—	464286 10 3 * ISHARES INC MSCI AUST ETF	464286103
SCJ	ISHARES INC MSCI JAPAN SMALL CAP	1,028	$0	0.0%	$0.09	—	464286 58 2 * ISHARES INC MSCI JAPN SMCETF	464286582
SMIN	ISHARES TR MSCI INDIA SM CP	1,337	$0	0.0%	$0.07	—	46429B 61 4 * ISHARES TR MSCI INDIA SM CP	46429B614
EWY	ISHARES INC MSCI STH KOR ETF	514	$0	0.0%	$0.10	—	464286 77 2 * ISHARES INC MSCI STH KOR ETF	464286772

Increased Positions (35)

MOD MODINE MFG CO 1.7%

Value ($000) $58 (+2948.3%) Shares 436,084 (+3145.2%) Est. Cost $148.29 Unrealized +0.5%

EPAM EPAM SYS INC. 2.5%

Value ($000) $87 (+55.8%) Shares 423,510 (+14.6%) Est. Cost $166.76 Unrealized +6.9%

DOCN DIGITALOCEAN HLDGS INC. 2.2%

Value ($000) $78 (+45.0%) Shares 1,610,671 (+2.9%) Est. Cost $35.07 Unrealized +25.5%

GO GROCERY OUTLET HLDG CORP. 1.1%

Value ($000) $39 (-35.7%) Shares 3,836,651 (+2.1%) Est. Cost $24.90 Unrealized -49.5%

LOPE GRAND CANYON EDUCATION INC. 2.9%

Value ($000) $102 (-11.2%) Shares 613,375 (+17.2%) Est. Cost $91.39 Unrealized +97.9%

PLNT PLANET FITNESS INC CL A 2.6%

Value ($000) $89 (+15.1%) Shares 818,233 (+10.2%) Est. Cost $67.25 Unrealized +53.1%

FCN FTI CONSULTING INC. 2.4%

Value ($000) $82 (+15.5%) Shares 478,128 (+9.3%) Est. Cost $157.66 Unrealized +4.6%

HLNE HAMILTON LANE INC. 2.9%

Value ($000) $102 (+10.3%) Shares 759,628 (+10.7%) Est. Cost $91.93 Unrealized +36.8%

NMIH NMI HOLDINGS INC. 2.4%

Value ($000) $82 (+12.3%) Shares 2,016,030 (+5.6%) Est. Cost $24.73 Unrealized +52.9%

PCTY PAYLOCITY HLDG CORP. 2.3%

Value ($000) $80 (+12.3%) Shares 523,342 (+17.3%) Est. Cost $163.49 Unrealized -9.0%

TTEK TETRA TECH INC 2.2%

Value ($000) $77 (+11.6%) Shares 2,292,595 (+11.0%) Est. Cost $33.47 Unrealized +1.0%

FND FLOOR & DECOR HLDGS INC CL A 1.6%

Value ($000) $56 (-11.7%) Shares 918,743 (+6.8%) Est. Cost $85.33 Unrealized -24.0%

SHAK SHAKE SHACK INC. CL A 2.2%

Value ($000) $75 (+10.6%) Shares 923,347 (+27.6%) Est. Cost $87.49 Unrealized +0.8%

OZK BANK OZK 2.5%

Value ($000) $86 (-7.2%) Shares 1,869,432 (+2.8%) Est. Cost $25.42 Unrealized +82.0%

BLKB BLACKBAUD INC. 1.4%

Value ($000) $49 (+14.9%) Shares 779,935 (+16.7%) Est. Cost $61.12 Unrealized +1.2%

CCC CCC INTELLIGENT SOLUTIONS HLD 2.7%

Value ($000) $93 (+7.2%) Shares 11,700,848 (+22.9%) Est. Cost $10.28 Unrealized -20.9%

ESAB ESAB CORPORATION 2.5%

Value ($000) $85 (+6.4%) Shares 762,278 (+6.4%) Est. Cost $110.98 Unrealized +3.0%

FSS FEDERAL SIGNAL CORP. 2.3%

Value ($000) $80 (+6.2%) Shares 741,187 (+16.4%) Est. Cost $46.16 Unrealized +147.8%

WSC WILLSCOT HOLDINGS CORPORATION 1.7%

Value ($000) $60 (-7.2%) Shares 3,176,865 (+4.0%) Est. Cost $32.35 Unrealized -37.7%

FIVN FIVE9 INC 2.1%

Value ($000) $72 (+6.1%) Shares 3,596,380 (+28.0%) Est. Cost $40.34 Unrealized -47.4%

SPSC SPS COMM INC 1.6%

Value ($000) $55 (+6.0%) Shares 616,886 (+23.8%) Est. Cost $113.95 Unrealized -18.6%

PRVA PRIVIA HEALTH GROUP INC 2.6%

Value ($000) $91 (-3.0%) Shares 3,844,256 (+1.8%) Est. Cost $22.85 Unrealized +6.5%

CHE CHEMED CORP. 2.2%

Value ($000) $75 (-2.2%) Shares 174,869 (+2.4%) Est. Cost $326.32 Unrealized +33.3%

EEFT EURONET WORLDWIDE INC. 2.8%

Value ($000) $98 (+1.2%) Shares 1,291,075 (+16.8%) Est. Cost $85.34 Unrealized -8.6%

RLI RLI CORP. 2.3%

Value ($000) $81 (+1.2%) Shares 1,268,778 (+3.2%) Est. Cost $55.79 Unrealized +10.2%

LYFT LYFT INC CL A COM 0.0%

Value ($000) $2 (+98.3%) Shares 78,417 (+125.3%) Est. Cost $18.99 Unrealized +9.5%

GLOB GLOBANT S A 0.0%

Value ($000) $1 (+75.9%) Shares 20,074 (+54.3%) Est. Cost $115.64 Unrealized -45.6%

BV BRIGHTVIEW HLDGS INC 1.8%

Value ($000) $62 (+0.8%) Shares 4,858,860 (+6.6%) Est. Cost $14.71 Unrealized -13.7%

ATAT ATOUR LIFESTYLE HLDGS LTD SPONSORED 0.1%

Value ($000) $3 (+16.6%) Shares 70,043 (+11.2%) Est. Cost $0.03 Unrealized —

PTC PTC INC. 0.0%

Value ($000) $1 (-13.0%) Shares 8,268 (+1.4%) Est. Cost $132.41 Unrealized +40.3%

DT DYNATRACE INC. 0.0%

Value ($000) $1 (-9.3%) Shares 21,837 (+1.4%) Est. Cost $46.12 Unrealized +1.1%

FA FIRST ADVANTAGE CORP. 0.0%

Value ($000) $1 (+6.6%) Shares 96,263 (+12.9%) Est. Cost $14.91 Unrealized -5.5%

STVN STEVANATO GROUP S P A ORD SHS 0.0%

Value ($000) $0 (+21.5%) Shares 5,617 (+55.4%) Est. Cost $22.29 Unrealized +4.2%

SLAB SILICON LABORATORIES INC. 0.0%

Value ($000) $1 (+1.1%) Shares 10,013 (+1.4%) Est. Cost $102.89 Unrealized +27.8%

LAZ LAZARD INC 0.1%

Value ($000) $3 (+0.3%) Shares 60,317 (+9.0%) Est. Cost $53.60 Unrealized -6.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MOD	MODINE MFG CO	436,084 (+3145.2%)	$58 (+2948.3%)	1.7%	$148.29	+0.5%	607828 10 0 * MODINE MFG CO COM	607828100
EPAM	EPAM SYS INC.	423,510 (+14.6%)	$87 (+55.8%)	2.5%	$166.76	+6.9%	29414B 10 4 * EPAM SYS INC COM	29414B104
DOCN	DIGITALOCEAN HLDGS INC.	1,610,671 (+2.9%)	$78 (+45.0%)	2.2%	$35.07	+25.5%	25402D 10 2 * DIGITALOCEAN HLDGS INC COM	25402D102
GO	GROCERY OUTLET HLDG CORP.	3,836,651 (+2.1%)	$39 (-35.7%)	1.1%	$24.90	-49.5%	39874R 10 1 * GROCERY OUTLET HLDG CORP COM	39874R101
LOPE	GRAND CANYON EDUCATION INC.	613,375 (+17.2%)	$102 (-11.2%)	2.9%	$91.39	+97.9%	38526M 10 6 * GRAND CANYON ED INC COM	38526M106
PLNT	PLANET FITNESS INC CL A	818,233 (+10.2%)	$89 (+15.1%)	2.6%	$67.25	+53.1%	72703H 10 1 * PLANET FITNESS INC CL A	72703H101
FCN	FTI CONSULTING INC.	478,128 (+9.3%)	$82 (+15.5%)	2.4%	$157.66	+4.6%	302941 10 9 * FTI CONSULTING INC COM	302941109
HLNE	HAMILTON LANE INC.	759,628 (+10.7%)	$102 (+10.3%)	2.9%	$91.93	+36.8%	407497 10 6 * HAMILTON LANE INC CL A	407497106
NMIH	NMI HOLDINGS INC.	2,016,030 (+5.6%)	$82 (+12.3%)	2.4%	$24.73	+52.9%	629209 30 5 * NMI HLDGS INC COM	629209305
PCTY	PAYLOCITY HLDG CORP.	523,342 (+17.3%)	$80 (+12.3%)	2.3%	$163.49	-9.0%	70438V 10 6 * PAYLOCITY HLDG CORP COM	70438V106
TTEK	TETRA TECH INC	2,292,595 (+11.0%)	$77 (+11.6%)	2.2%	$33.47	+1.0%	88162G 10 3 * TETRA TECH INC NEW COM	88162G103
FND	FLOOR & DECOR HLDGS INC CL A	918,743 (+6.8%)	$56 (-11.7%)	1.6%	$85.33	-24.0%	339750 10 1 * FLOOR & DECOR HLDGS INC CL A	339750101
SHAK	SHAKE SHACK INC. CL A	923,347 (+27.6%)	$75 (+10.6%)	2.2%	$87.49	+0.8%	819047 10 1 * SHAKE SHACK INC CL A	819047101
OZK	BANK OZK	1,869,432 (+2.8%)	$86 (-7.2%)	2.5%	$25.42	+82.0%	06417N 10 3 * BANK OZK LITTLE ROCK ARK COM	06417N103
BLKB	BLACKBAUD INC.	779,935 (+16.7%)	$49 (+14.9%)	1.4%	$61.12	+1.2%	09227Q 10 0 * BLACKBAUD INC COM	09227Q100
CCC	CCC INTELLIGENT SOLUTIONS HLD	11,700,848 (+22.9%)	$93 (+7.2%)	2.7%	$10.28	-20.9%	12510Q 10 0 * CCC INTELLIGENT SOLUTIONS HL COM	12510Q100
ESAB	ESAB CORPORATION	762,278 (+6.4%)	$85 (+6.4%)	2.5%	$110.98	+3.0%	29605J 10 6 * ESAB CORPORATION COM	29605J106
FSS	FEDERAL SIGNAL CORP.	741,187 (+16.4%)	$80 (+6.2%)	2.3%	$46.16	+147.8%	313855 10 8 * FEDERAL SIGNAL CORP COM	313855108
WSC	WILLSCOT HOLDINGS CORPORATION	3,176,865 (+4.0%)	$60 (-7.2%)	1.7%	$32.35	-37.7%	971378 10 4 * WILLSCOT HLDGS CORP COM CL A	971378104
FIVN	FIVE9 INC	3,596,380 (+28.0%)	$72 (+6.1%)	2.1%	$40.34	-47.4%	338307 10 1 * FIVE9 INC COM	338307101
SPSC	SPS COMM INC	616,886 (+23.8%)	$55 (+6.0%)	1.6%	$113.95	-18.6%	78463M 10 7 * SPS COMM INC COM	78463M107
PRVA	PRIVIA HEALTH GROUP INC	3,844,256 (+1.8%)	$91 (-3.0%)	2.6%	$22.85	+6.5%	74276R 10 2 * PRIVIA HEALTH GROUP INC COM	74276R102
CHE	CHEMED CORP.	174,869 (+2.4%)	$75 (-2.2%)	2.2%	$326.32	+33.3%	16359R 10 3 * CHEMED CORP NEW COM	16359R103
EEFT	EURONET WORLDWIDE INC.	1,291,075 (+16.8%)	$98 (+1.2%)	2.8%	$85.34	-8.6%	298736 10 9 * EURONET WORLDWIDE INC COM	298736109
RLI	RLI CORP.	1,268,778 (+3.2%)	$81 (+1.2%)	2.3%	$55.79	+10.2%	749607 10 7 * RLI CORP COM	749607107
LYFT	LYFT INC CL A COM	78,417 (+125.3%)	$2 (+98.3%)	0.0%	$18.99	+9.5%	55087P 10 4 * LYFT INC CL A COM	55087P104
GLOB	GLOBANT S A	20,074 (+54.3%)	$1 (+75.9%)	0.0%	$115.64	-45.6%	L44385 10 9 * GLOBANT S A COM	L44385109
BV	BRIGHTVIEW HLDGS INC	4,858,860 (+6.6%)	$62 (+0.8%)	1.8%	$14.71	-13.7%	10948C 10 7 * BRIGHTVIEW HLDGS INC COM	10948C107
ATAT	ATOUR LIFESTYLE HLDGS LTD SPONSORED	70,043 (+11.2%)	$3 (+16.6%)	0.1%	$0.03	—	04965M 10 6 * ATOUR LIFESTYLE HLDGS LTD SPONSORED ADS	04965M106
PTC	PTC INC.	8,268 (+1.4%)	$1 (-13.0%)	0.0%	$132.41	+40.3%	69370C 10 0 * PTC INC COM	69370C100
DT	DYNATRACE INC.	21,837 (+1.4%)	$1 (-9.3%)	0.0%	$46.12	+1.1%	268150 10 9 * DYNATRACE INC COM NEW	268150109
FA	FIRST ADVANTAGE CORP.	96,263 (+12.9%)	$1 (+6.6%)	0.0%	$14.91	-5.5%	31846B 10 8 * FIRST ADVANTAGE CORP NEW COM	31846B108
STVN	STEVANATO GROUP S P A ORD SHS	5,617 (+55.4%)	$0 (+21.5%)	0.0%	$22.29	+4.2%	T9224W 10 9 * STEVANATO GROUP S P A ORD SHS	T9224W109
SLAB	SILICON LABORATORIES INC.	10,013 (+1.4%)	$1 (+1.1%)	0.0%	$102.89	+27.8%	826919 10 2 * SILICON LABORATORIES INC COM	826919102
LAZ	LAZARD INC	60,317 (+9.0%)	$3 (+0.3%)	0.1%	$53.60	-6.9%	52110M 10 9 * LAZARD INC COM	52110M109

Exited Positions (5)

GMED GLOBUS MEDICAL INC. 2.2%

Value ($000) $76 Shares 1,333,111 Est. Cost $46.96 Unrealized +61.6%

TECH BIO-TECHNE CORP 0.0%

Value ($000) $1 Shares 21,341 Est. Cost $68.27 Unrealized -11.1%

KLIC KULICKE & SOFFA INDUSTRIES ADR 0.0%

Value ($000) $1 Shares 19,920 Est. Cost $27.84 Unrealized +51.2%

BC BRUNSWICK CORP. 0.0%

Value ($000) $1 Shares 12,319 Est. Cost $58.17 Unrealized +16.1%

ENTG ENTEGRIS INC. 0.0%

Value ($000) $1 Shares 7,901 Est. Cost $104.86 Unrealized -17.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GMED	GLOBUS MEDICAL INC.	1,333,111	$76	2.2%	$46.96	+61.6%	—	379577208
TECH	BIO-TECHNE CORP	21,341	$1	0.0%	$68.27	-11.1%	—	09073M104
KLIC	KULICKE & SOFFA INDUSTRIES ADR	19,920	$1	0.0%	$27.84	+51.2%	—	501242101
BC	BRUNSWICK CORP.	12,319	$1	0.0%	$58.17	+16.1%	—	117043109
ENTG	ENTEGRIS INC.	7,901	$1	0.0%	$104.86	-17.3%	—	29362U104

Decreased Positions (17)

SGI SOMNIGROUP INTERNATIONAL INC. 0.0%

Value ($000) $1 (-98.2%) Shares 13,456 (-98.3%) Est. Cost $28.31 Unrealized +208.6%

APG API GROUP 0.0%

Value ($000) $2 (-96.4%) Shares 43,877 (-96.8%) Est. Cost $30.64 Unrealized +20.7%

ENSG ENSIGN GROUP INC. 3.2%

Value ($000) $109 (-15.3%) Shares 628,028 (-16.0%) Est. Cost $84.60 Unrealized +112.3%

PRIM PRIMORIS SERVICES CORP. 2.0%

Value ($000) $71 (-19.0%) Shares 572,721 (-10.4%) Est. Cost $22.14 Unrealized +489.7%

YETI YETI HOLDINGS INC. 2.1%

Value ($000) $72 (+26.0%) Shares 1,620,914 (-5.3%) Est. Cost $43.88 Unrealized -12.3%

SNEX STONEX GROUP INC. 3.1%

Value ($000) $109 (-10.2%) Shares 1,143,509 (-4.7%) Est. Cost $38.55 Unrealized +144.6%

IBP INSTALLED BLDG PRODS INC. 1.8%

Value ($000) $61 (-16.7%) Shares 235,393 (-20.8%) Est. Cost $136.25 Unrealized +89.6%

CRL CHARLES RIVER LABORATORIES 2.6%

Value ($000) $90 (+15.6%) Shares 450,690 (-9.3%) Est. Cost $148.14 Unrealized +22.4%

ORA ORMAT TECHNOLOGIES INC. 2.2%

Value ($000) $77 (-11.1%) Shares 693,124 (-22.5%) Est. Cost $69.49 Unrealized +57.3%

MMS MAXIMUS INC. 2.8%

Value ($000) $98 (-8.0%) Shares 1,130,328 (-2.7%) Est. Cost $63.83 Unrealized +33.9%

AWI ARMSTRONG WORLD INDS INC. 2.5%

Value ($000) $88 (-5.9%) Shares 461,533 (-3.5%) Est. Cost $76.27 Unrealized +150.0%

LAUR LAUREATE EDUCATION INC. 3.6%

Value ($000) $124 (-3.0%) Shares 3,687,282 (-9.2%) Est. Cost $13.71 Unrealized +125.1%

SPXC SPX TECHNOLOGIES INC. 1.9%

Value ($000) $65 (-2.0%) Shares 326,845 (-8.5%) Est. Cost $0.14 Unrealized —

GRAB GRAB HOLDINGS LIMITED CLASS A ORD 0.0%

Value ($000) $1 (-46.1%) Shares 113,800 (-35.0%) Est. Cost $4.21 Unrealized +31.3%

ROAD CONSTRUCTION PARTNERS INC COM CL A 0.0%

Value ($000) $1 (-21.8%) Shares 12,801 (-8.5%) Est. Cost $79.01 Unrealized +42.5%

VIPS VIPSHOP HOLDINGS LIMITED ADR 0.0%

Value ($000) $0 (-44.5%) Shares 24,071 (-38.4%) Est. Cost $6.36 Unrealized —

YUMC YUM CHINA HOLDINGS 0.0%

Value ($000) $1 (-3.7%) Shares 21,200 (-10.9%) Est. Cost $52.08 Unrealized -12.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SGI	SOMNIGROUP INTERNATIONAL INC.	13,456 (-98.3%)	$1 (-98.2%)	0.0%	$28.31	+208.6%	88023U 10 1 * SOMNIGROUP INTERNATIONAL INC COM	88023U101
APG	API GROUP	43,877 (-96.8%)	$2 (-96.4%)	0.0%	$30.64	+20.7%	00187Y 10 0 * API GROUP CORP COM STK	00187Y100
ENSG	ENSIGN GROUP INC.	628,028 (-16.0%)	$109 (-15.3%)	3.2%	$84.60	+112.3%	29358P 10 1 * ENSIGN GROUP INC COM	29358P101
PRIM	PRIMORIS SERVICES CORP.	572,721 (-10.4%)	$71 (-19.0%)	2.0%	$22.14	+489.7%	74164F 10 3 * PRIMORIS SVCS CORP COM	74164F103
YETI	YETI HOLDINGS INC.	1,620,914 (-5.3%)	$72 (+26.0%)	2.1%	$43.88	-12.3%	98585X 10 4 * YETI HLDGS INC COM	98585X104
SNEX	STONEX GROUP INC.	1,143,509 (-4.7%)	$109 (-10.2%)	3.1%	$38.55	+144.6%	861896 10 8 * STONEX GROUP INC COM	861896108
IBP	INSTALLED BLDG PRODS INC.	235,393 (-20.8%)	$61 (-16.7%)	1.8%	$136.25	+89.6%	45780R 10 1 * INSTALLED BLDG PRODS INC COM	45780R101
CRL	CHARLES RIVER LABORATORIES	450,690 (-9.3%)	$90 (+15.6%)	2.6%	$148.14	+22.4%	159864 10 7 * CHARLES RIV LABS INTL INC COM	159864107
ORA	ORMAT TECHNOLOGIES INC.	693,124 (-22.5%)	$77 (-11.1%)	2.2%	$69.49	+57.3%	686688 10 2 * ORMAT TECHNOLOGIES INC COM	686688102
MMS	MAXIMUS INC.	1,130,328 (-2.7%)	$98 (-8.0%)	2.8%	$63.83	+33.9%	577933 10 4 * MAXIMUS INC COM	577933104
AWI	ARMSTRONG WORLD INDS INC.	461,533 (-3.5%)	$88 (-5.9%)	2.5%	$76.27	+150.0%	04247X 10 2 * ARMSTRONG WORLD INDS INC NEW COM	04247X102
LAUR	LAUREATE EDUCATION INC.	3,687,282 (-9.2%)	$124 (-3.0%)	3.6%	$13.71	+125.1%	518613 20 3 * LAUREATE EDUCATION INC COMMON STOCK	518613203
SPXC	SPX TECHNOLOGIES INC.	326,845 (-8.5%)	$65 (-2.0%)	1.9%	$0.14	—	78473E 10 3 * SPX TECHNOLOGIES INC COM	78473E103
GRAB	GRAB HOLDINGS LIMITED CLASS A ORD	113,800 (-35.0%)	$1 (-46.1%)	0.0%	$4.21	+31.3%	G4124C 10 9 * GRAB HOLDINGS LIMITED CLASS A ORD	G4124C109
ROAD	CONSTRUCTION PARTNERS INC COM CL A	12,801 (-8.5%)	$1 (-21.8%)	0.0%	$79.01	+42.5%	21044C 10 7 * CONSTRUCTION PARTNERS INC COM CL A	21044C107
VIPS	VIPSHOP HOLDINGS LIMITED ADR	24,071 (-38.4%)	$0 (-44.5%)	0.0%	$6.36	—	92763W 10 3 * VIPSHOP HLDGS LTD SPONSORED ADS A	92763W103
YUMC	YUM CHINA HOLDINGS	21,200 (-10.9%)	$1 (-3.7%)	0.0%	$52.08	-12.0%	98850P 10 9 * YUM CHINA HLDGS INC COM	98850P109

Unchanged Positions (6)

HLI HOULIHAN LOKEY INC. 1.9%

Value ($000) $66 Shares 377,378 Est. Cost $52.15 Unrealized +251.2%

PNTG PENNANT GROUP INC. 2.5%

Value ($000) $88 Shares 3,115,313 Est. Cost $29.42 Unrealized -9.6%

RDNT RADNET INC. 1.7%

Value ($000) $59 Shares 823,728 Est. Cost $64.86 Unrealized +19.0%

VCTR VICTORY CAP HLDGS INC. COM CL A 3.1%

Value ($000) $106 Shares 1,683,754 Est. Cost $30.44 Unrealized +108.1%

DV DOUBLEVERIFY HOLDINGS INC. 1.2%

Value ($000) $43 Shares 3,739,108 Est. Cost $26.19 Unrealized -57.9%

ATS ATS CORPORATION 0.2%

Value ($000) $7 Shares 269,136 Est. Cost $38.68 Unrealized -31.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HLI	HOULIHAN LOKEY INC.	377,378	$66	1.9%	$52.15	+251.2%	441593 10 0 * HOULIHAN LOKEY INC CL A	441593100
PNTG	PENNANT GROUP INC.	3,115,313	$88	2.5%	$29.42	-9.6%	70805E 10 9 * PENNANT GROUP INC COM	70805E109
RDNT	RADNET INC.	823,728	$59	1.7%	$64.86	+19.0%	750491 10 2 * RADNET INC COM	750491102
VCTR	VICTORY CAP HLDGS INC. COM CL A	1,683,754	$106	3.1%	$30.44	+108.1%	92645B 10 3 * VICTORY CAP HLDGS INC COM CL A	92645B103
DV	DOUBLEVERIFY HOLDINGS INC.	3,739,108	$43	1.2%	$26.19	-57.9%	25862V 10 5 * DOUBLEVERIFY HLDGS INC COM	25862V105
ATS	ATS CORPORATION	269,136	$7	0.2%	$38.68	-31.0%	00217Y 10 4 * ATS CORPORATION COM	00217Y104