Artemis Investment Management LLP Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CMC	COMMERCIAL METALS CO	1,501,906	$103,962	1.3%	$62.39	0.0%	COM	201723103
BMY	BRISTOL-MYERS SQUIBB CO	1,740,753	$93,896	1.1%	$47.53	0.0%	COM	110122108
FHN	FIRST HORIZON CORPORATION	3,779,026	$90,319	1.1%	$22.18	0.0%	COM	320517105
BKU	BANKUNITED INC	1,652,579	$73,655	0.9%	$41.09	0.0%	COM	06652K103
TFC	TRUIST FINL CORP	1,319,435	$64,929	0.8%	$45.80	0.0%	COM	89832Q109
WTFC	WINTRUST FINL CORP	424,026	$59,287	0.7%	$132.99	0.0%	COM	97650W108
WBS	WEBSTER FINL CORP	893,751	$56,253	0.7%	$59.37	0.0%	COM	947890109
KEY	KEYCORP	2,711,654	$55,969	0.7%	$18.49	0.0%	COM	493267108
ELAN	ELANCO ANIMAL HEALTH INC	2,461,018	$55,693	0.7%	$21.76	0.0%	COM	28414H103
IQV	IQVIA HLDGS INC	234,282	$52,810	0.6%	$217.58	0.0%	COM	46266C105
W	WAYFAIR INC	478,079	$48,004	0.6%	$96.17	0.0%	CL A	94419L101
AG	FIRST MAJESTIC SILVER CORP	2,754,973	$45,898	0.6%	$13.89	0.0%	COM	32076V103
FCX	FREEPORT-MCMORAN INC	896,038	$45,510	0.5%	$43.31	0.0%	CL B	35671D857
AMAT	APPLIED MATLS INC	166,524	$42,795	0.5%	$239.49	0.0%	COM	038222105
BIIB	BIOGEN INC	226,845	$39,922	0.5%	$163.37	0.0%	COM	09062X103
DEC	DIVERSIFIED ENERGY CO	2,595,577	$37,555	0.5%	$13.84	0.0%	COMMON STOCK	25520W107
AAOI	APPLIED OPTOELECTRONICS INC	772,324	$26,923	0.3%	$29.86	0.0%	COM	03823U102
TTE	TOTALENERGIES SE	250,000	$16,305	0.2%	$63.23	0.0%	ACT	F92124100
FIGR	FIGURE TECHNOLOGY SOLUTIO	380,986	$15,559	0.2%	$40.00	0.0%	COM CL A	349381103
ERO	ERO COPPER CORP	507,672	$14,363	0.2%	$23.29	0.0%	COM	296006109
DINO	HF SINCLAIR CORP	310,207	$14,294	0.2%	$51.29	0.0%	COM	403949100
NEM	NEWMONT CORP	133,285	$13,309	0.2%	$90.20	0.0%	COM	651639106
STT	STATE STR CORP	56,119	$7,240	0.1%	$118.97	0.0%	COM	857477103
AIG	AMERICAN INTL GROUP INC	79,469	$6,799	0.1%	$79.68	0.0%	COM NEW	026874784
CVS	CVS HEALTH CORP	74,851	$5,940	0.1%	$78.67	0.0%	COM	126650100
NTR	NUTRIEN LTD	52,243	$3,224	0.0%	$58.85	0.0%	COM	67077M108
EGO	ELDORADO GOLD CORP NEW	89,423	$3,214	0.0%	$29.93	0.0%	COM	284902509
M	MACYS INC	124,794	$2,752	0.0%	$20.47	0.0%	COM	55616P104
DHT	DHT HOLDINGS INC	222,780	$2,720	0.0%	$12.28	0.0%	SHS NEW	Y2065G121
JXN	JACKSON FINANCIAL INC	25,282	$2,696	0.0%	$98.91	0.0%	COM CL A	46817M107
EFC	ELLINGTON FINANCIAL INC	195,443	$2,654	0.0%	$13.58	—	COM	28852N109
MTCH	MATCH GROUP INC NEW	80,074	$2,586	0.0%	$32.85	0.0%	COM	57667L107
PARR	PAR PAC HOLDINGS INC	71,348	$2,507	0.0%	$39.74	0.0%	COM NEW	69888T207
BWA	BORGWARNER INC	50,006	$2,253	0.0%	$43.69	0.0%	COM	099724106
CF	CF INDS HLDGS INC	27,180	$2,102	0.0%	$81.93	0.0%	COM	125269100
ALV	AUTOLIV INC	17,477	$2,075	0.0%	$119.41	0.0%	COM	052800109
BPOP	POPULAR INC	16,367	$2,038	0.0%	$117.65	0.0%	COM NEW	733174700
SNX	TD SYNNEX CORPORATION	13,212	$1,985	0.0%	$152.83	0.0%	COM	87162W100
BBT	BEACON FINANCIAL CORP.	72,849	$1,921	0.0%	$24.93	0.0%	COM	084680107
FBK	FB FINL CORP	33,603	$1,875	0.0%	$55.62	0.0%	COM	30257X104
ORI	OLD REP INTL CORP	40,231	$1,836	0.0%	$40.84	0.0%	COM	680223104
BKE	BUCKLE INC	34,007	$1,817	0.0%	$52.31	0.0%	COM	118440106
UBSI	UNITED BANKSHARES INC WEST V	46,894	$1,801	0.0%	$37.24	0.0%	COM	909907107
ANIP	ANI PHARMACEUTICALS INC	21,617	$1,706	0.0%	$86.58	0.0%	COM	00182C103
ABCB	AMERIS BANCORP	22,441	$1,667	0.0%	$74.22	0.0%	COM	03076K108
AMRX	AMNEAL PHARMACEUTICALS INC	124,899	$1,574	0.0%	$11.44	0.0%	COM STK CL A	03168L105
DCI	DONALDSON INC	16,846	$1,494	0.0%	$86.42	0.0%	COM	257651109
BEN	FRANKLIN RESOURCES INC	55,903	$1,336	0.0%	$22.66	0.0%	COM	354613101
AIR	AAR CORP	14,859	$1,230	0.0%	$82.73	0.0%	COM	000361105
NFG	NATIONAL FUEL GAS CO	5,990	$480	0.0%	$82.39	0.0%	COM	636180101
RIO	RIO TINTO PLC	4,766	$381	0.0%	$80.03	—	SPONSORED ADR	767204100

Increased Positions (60)

CSCO CISCO SYS INC 1.7%

Value ($000) $143,896 (+1075.3%) Shares 1,868,054 (+944.0%) Est. Cost $72.49 Unrealized +1.8%

PFE PFIZER INC 1.7%

Value ($000) $139,686 (+828.0%) Shares 5,609,880 (+849.6%) Est. Cost $24.99 Unrealized +0.2%

CFG CITIZENS FINL GROUP INC 1.7%

Value ($000) $142,991 (+186.2%) Shares 2,448,050 (+160.4%) Est. Cost $51.90 Unrealized +3.2%

STX SEAGATE TECHNOLOGY HLDNGS PL 1.6%

Value ($000) $135,901 (+175.4%) Shares 493,484 (+136.1%) Est. Cost $192.63 Unrealized +34.4%

GM GENERAL MTRS CO 1.9%

Value ($000) $158,267 (+115.3%) Shares 1,946,226 (+61.4%) Est. Cost $57.06 Unrealized +23.4%

GOOGL ALPHABET INC 3.1%

Value ($000) $259,828 (+38.9%) Shares 830,123 (+7.9%) Est. Cost $166.00 Unrealized +72.0%

LLY ELI LILLY & CO 1.1%

Value ($000) $93,192 (+228.7%) Shares 86,716 (+133.4%) Est. Cost $803.59 Unrealized +18.9%

LRCX LAM RESEARCH CORP 1.1%

Value ($000) $88,351 (+271.3%) Shares 516,128 (+190.4%) Est. Cost $128.66 Unrealized +20.8%

DB DEUTSCHE BANK A G 1.7%

Value ($000) $142,318 (+38.7%) Shares 3,663,603 (+25.5%) Est. Cost $29.62 Unrealized +21.8%

HBM HUDBAY MINERALS INC 1.4%

Value ($000) $113,355 (+51.5%) Shares 5,709,453 (+15.6%) Est. Cost $11.06 Unrealized +53.0%

GMED GLOBUS MED INC 0.8%

Value ($000) $64,487 (+119.1%) Shares 738,595 (+43.7%) Est. Cost $75.28 Unrealized +0.8%

VLY VALLEY NATL BANCORP 0.6%

Value ($000) $45,671 (+288.8%) Shares 3,910,203 (+252.9%) Est. Cost $10.78 Unrealized +2.9%

EVR EVERCORE INC 0.8%

Value ($000) $69,985 (+85.8%) Shares 205,687 (+84.2%) Est. Cost $316.08 Unrealized +1.5%

CNP CENTERPOINT ENERGY INC 0.7%

Value ($000) $61,186 (+93.7%) Shares 1,595,867 (+96.0%) Est. Cost $35.78 Unrealized +8.6%

NVT NVENT ELECTRIC PLC 1.7%

Value ($000) $138,139 (+26.5%) Shares 1,354,701 (+22.3%) Est. Cost $79.73 Unrealized +30.0%

AFRM AFFIRM HLDGS INC 0.7%

Value ($000) $59,093 (+79.2%) Shares 793,941 (+75.9%) Est. Cost $60.53 Unrealized +18.9%

GEV GE VERNOVA INC 0.7%

Value ($000) $61,252 (+68.9%) Shares 93,719 (+58.9%) Est. Cost $523.75 Unrealized +16.3%

JLL JONES LANG LASALLE INC 1.6%

Value ($000) $135,319 (+22.4%) Shares 402,173 (+8.5%) Est. Cost $234.33 Unrealized +33.8%

CAH CARDINAL HEALTH INC 0.9%

Value ($000) $70,739 (+53.4%) Shares 344,230 (+17.2%) Est. Cost $153.97 Unrealized +21.9%

MIR MIRION TECHNOLOGIES INC 0.6%

Value ($000) $46,177 (+108.2%) Shares 1,971,711 (+106.8%) Est. Cost $20.41 Unrealized +22.2%

CCL CARNIVAL CORP 1.3%

Value ($000) $108,603 (+24.4%) Shares 3,556,085 (+17.8%) Est. Cost $23.29 Unrealized +19.7%

RGEN REPLIGEN CORP 0.8%

Value ($000) $67,243 (+45.1%) Shares 410,369 (+18.3%) Est. Cost $147.52 Unrealized +6.2%

BK BANK NEW YORK MELLON CORP 1.1%

Value ($000) $90,262 (+25.1%) Shares 777,519 (+17.4%) Est. Cost $89.23 Unrealized +23.8%

TSLA TESLA INC 0.5%

Value ($000) $44,791 (+56.7%) Shares 99,598 (+54.9%) Est. Cost $333.88 Unrealized +32.8%

WMT WALMART INC 0.8%

Value ($000) $67,645 (+29.6%) Shares 607,171 (+19.9%) Est. Cost $85.25 Unrealized +25.7%

BNS BANK NOVA SCOTIA HALIFAX 0.5%

Value ($000) $41,055 (+58.3%) Shares 556,645 (+38.7%) Est. Cost $61.46 Unrealized +10.6%

JPM JPMORGAN CHASE & CO. 0.8%

Value ($000) $62,690 (+31.8%) Shares 194,557 (+29.0%) Est. Cost $246.37 Unrealized +25.6%

AAPL APPLE INC 1.6%

Value ($000) $133,237 (+12.6%) Shares 490,096 (+5.5%) Est. Cost $201.00 Unrealized +33.5%

GS GOLDMAN SACHS GROUP INC 1.0%

Value ($000) $85,887 (+18.0%) Shares 97,710 (+6.9%) Est. Cost $476.88 Unrealized +70.6%

FR FIRST INDL RLTY TR INC 0.8%

Value ($000) $66,140 (+21.0%) Shares 1,154,879 (+8.8%) Est. Cost $52.68 Unrealized —

PAGS PAGSEGURO DIGITAL LTD 0.8%

Value ($000) $65,209 (+20.7%) Shares 6,764,422 (+25.2%) Est. Cost $9.05 Unrealized +5.9%

VLO VALERO ENERGY CORP 0.2%

Value ($000) $16,281 (+112.6%) Shares 100,011 (+122.4%) Est. Cost $159.38 Unrealized +5.9%

B BARRICK MNG CORP 0.3%

Value ($000) $23,344 (+58.0%) Shares 536,021 (+18.9%) Est. Cost $27.10 Unrealized +38.1%

CPA COPA HOLDINGS SA 0.7%

Value ($000) $54,486 (+16.5%) Shares 451,756 (+14.8%) Est. Cost $106.49 Unrealized +13.9%

BAP CREDICORP LTD 0.8%

Value ($000) $63,655 (+13.2%) Shares 221,793 (+5.1%) Est. Cost $202.05 Unrealized +31.0%

CR CRANE COMPANY 1.1%

Value ($000) $92,079 (+8.0%) Shares 499,264 (+7.8%) Est. Cost $165.80 Unrealized +11.8%

PLMR PALOMAR HLDGS INC 0.3%

Value ($000) $28,607 (+30.3%) Shares 212,279 (+12.8%) Est. Cost $88.67 Unrealized +37.7%

ROAD CONSTRUCTION PARTNERS INC 0.9%

Value ($000) $76,920 (-7.9%) Shares 708,617 (+7.8%) Est. Cost $83.82 Unrealized +34.3%

TMO THERMO FISHER SCIENTIFIC INC 0.4%

Value ($000) $36,026 (+22.0%) Shares 62,173 (+2.1%) Est. Cost $511.34 Unrealized +10.5%

PRIM PRIMORIS SVCS CORP 1.2%

Value ($000) $99,273 (-5.8%) Shares 799,683 (+4.2%) Est. Cost $75.81 Unrealized +72.2%

MCK MCKESSON CORP 0.1%

Value ($000) $9,574 (+165.3%) Shares 11,671 (+149.9%) Est. Cost $632.67 Unrealized +28.9%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $11,623 (+96.2%) Shares 56,163 (+75.8%) Est. Cost $172.15 Unrealized +14.4%

SYF SYNCHRONY FINANCIAL 0.3%

Value ($000) $22,107 (+33.7%) Shares 264,979 (+13.9%) Est. Cost $62.81 Unrealized +21.5%

COR CENCORA INC 0.2%

Value ($000) $13,759 (+66.9%) Shares 40,737 (+54.4%) Est. Cost $292.55 Unrealized +16.4%

CRH CRH PLC 0.9%

Value ($000) $72,799 (+7.9%) Shares 583,328 (+3.7%) Est. Cost $94.85 Unrealized +25.6%

LPLA LPL FINL HLDGS INC 0.3%

Value ($000) $22,597 (+25.2%) Shares 63,268 (+16.7%) Est. Cost $221.27 Unrealized +59.8%

TAC TRANSALTA CORP 0.3%

Value ($000) $22,999 (+24.3%) Shares 1,818,379 (+34.2%) Est. Cost $11.85 Unrealized +26.0%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.3%

Value ($000) $20,941 (+24.7%) Shares 68,910 (+14.6%) Est. Cost $171.59 Unrealized —

LOAR LOAR HOLDINGS INC 0.2%

Value ($000) $19,099 (-13.4%) Shares 280,871 (+1.9%) Est. Cost $75.15 Unrealized -3.0%

BABA ALIBABA GROUP HLDG LTD 0.6%

Value ($000) $52,556 (+5.7%) Shares 358,551 (+28.9%) Est. Cost $171.53 Unrealized —

INDI INDIE SEMICONDUCTOR INC 0.2%

Value ($000) $17,654 (-12.3%) Shares 5,001,073 (+1.1%) Est. Cost $4.19 Unrealized +4.5%

DGX QUEST DIAGNOSTICS INC 1.0%

Value ($000) $79,950 (-2.8%) Shares 460,725 (+6.7%) Est. Cost $174.78 Unrealized +4.2%

QCOM QUALCOMM INC 0.1%

Value ($000) $8,675 (+22.2%) Shares 50,719 (+18.9%) Est. Cost $145.89 Unrealized +17.1%

GILD GILEAD SCIENCES INC 0.1%

Value ($000) $6,715 (+26.8%) Shares 54,712 (+14.6%) Est. Cost $103.13 Unrealized +17.2%

STLD STEEL DYNAMICS INC 0.0%

Value ($000) $3,696 (+44.6%) Shares 21,812 (+19.0%) Est. Cost $131.07 Unrealized +20.8%

HCA HCA HEALTHCARE INC 0.0%

Value ($000) $3,037 (+29.6%) Shares 6,506 (+18.3%) Est. Cost $377.83 Unrealized +22.7%

PRI PRIMERICA INC 0.1%

Value ($000) $10,757 (+6.7%) Shares 41,634 (+14.6%) Est. Cost $281.32 Unrealized -7.3%

HALO HALOZYME THERAPEUTICS INC 0.1%

Value ($000) $7,712 (+5.2%) Shares 114,596 (+14.6%) Est. Cost $59.26 Unrealized +13.5%

LDOS LEIDOS HOLDINGS INC 0.0%

Value ($000) $3,173 (+9.4%) Shares 17,586 (+14.6%) Est. Cost $148.07 Unrealized +27.7%

ANET ARISTA NETWORKS INC 0.0%

Value ($000) $3,715 (+6.9%) Shares 28,356 (+18.8%) Est. Cost $107.14 Unrealized +28.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CSCO	CISCO SYS INC	1,868,054 (+944.0%)	$143,896 (+1075.3%)	1.7%	$72.49	+1.8%	COM	17275R102
PFE	PFIZER INC	5,609,880 (+849.6%)	$139,686 (+828.0%)	1.7%	$24.99	+0.2%	COM	717081103
CFG	CITIZENS FINL GROUP INC	2,448,050 (+160.4%)	$142,991 (+186.2%)	1.7%	$51.90	+3.2%	COM	174610105
STX	SEAGATE TECHNOLOGY HLDNGS PL	493,484 (+136.1%)	$135,901 (+175.4%)	1.6%	$192.63	+34.4%	ORD SHS	G7997R103
GM	GENERAL MTRS CO	1,946,226 (+61.4%)	$158,267 (+115.3%)	1.9%	$57.06	+23.4%	COM	37045V100
GOOGL	ALPHABET INC	830,123 (+7.9%)	$259,828 (+38.9%)	3.1%	$166.00	+72.0%	CAP STK CL A	02079K305
LLY	ELI LILLY & CO	86,716 (+133.4%)	$93,192 (+228.7%)	1.1%	$803.59	+18.9%	COM	532457108
LRCX	LAM RESEARCH CORP	516,128 (+190.4%)	$88,351 (+271.3%)	1.1%	$128.66	+20.8%	COM NEW	512807306
DB	DEUTSCHE BANK A G	3,663,603 (+25.5%)	$142,318 (+38.7%)	1.7%	$29.62	+21.8%	NAMEN AKT	D18190898
HBM	HUDBAY MINERALS INC	5,709,453 (+15.6%)	$113,355 (+51.5%)	1.4%	$11.06	+53.0%	COM	443628102
GMED	GLOBUS MED INC	738,595 (+43.7%)	$64,487 (+119.1%)	0.8%	$75.28	+0.8%	CL A	379577208
VLY	VALLEY NATL BANCORP	3,910,203 (+252.9%)	$45,671 (+288.8%)	0.6%	$10.78	+2.9%	COM	919794107
EVR	EVERCORE INC	205,687 (+84.2%)	$69,985 (+85.8%)	0.8%	$316.08	+1.5%	CLASS A	29977A105
CNP	CENTERPOINT ENERGY INC	1,595,867 (+96.0%)	$61,186 (+93.7%)	0.7%	$35.78	+8.6%	COM	15189T107
NVT	NVENT ELECTRIC PLC	1,354,701 (+22.3%)	$138,139 (+26.5%)	1.7%	$79.73	+30.0%	SHS	G6700G107
AFRM	AFFIRM HLDGS INC	793,941 (+75.9%)	$59,093 (+79.2%)	0.7%	$60.53	+18.9%	COM CL A	00827B106
GEV	GE VERNOVA INC	93,719 (+58.9%)	$61,252 (+68.9%)	0.7%	$523.75	+16.3%	COM	36828A101
JLL	JONES LANG LASALLE INC	402,173 (+8.5%)	$135,319 (+22.4%)	1.6%	$234.33	+33.8%	COM	48020Q107
CAH	CARDINAL HEALTH INC	344,230 (+17.2%)	$70,739 (+53.4%)	0.9%	$153.97	+21.9%	COM	14149Y108
MIR	MIRION TECHNOLOGIES INC	1,971,711 (+106.8%)	$46,177 (+108.2%)	0.6%	$20.41	+22.2%	COM CL A	60471A101
CCL	CARNIVAL CORP	3,556,085 (+17.8%)	$108,603 (+24.4%)	1.3%	$23.29	+19.7%	UNIT 99/99/9999	143658300
RGEN	REPLIGEN CORP	410,369 (+18.3%)	$67,243 (+45.1%)	0.8%	$147.52	+6.2%	COM	759916109
BK	BANK NEW YORK MELLON CORP	777,519 (+17.4%)	$90,262 (+25.1%)	1.1%	$89.23	+23.8%	COM	064058100
TSLA	TESLA INC	99,598 (+54.9%)	$44,791 (+56.7%)	0.5%	$333.88	+32.8%	COM	88160R101
WMT	WALMART INC	607,171 (+19.9%)	$67,645 (+29.6%)	0.8%	$85.25	+25.7%	COM	931142103
BNS	BANK NOVA SCOTIA HALIFAX	556,645 (+38.7%)	$41,055 (+58.3%)	0.5%	$61.46	+10.6%	COM	064149107
JPM	JPMORGAN CHASE & CO.	194,557 (+29.0%)	$62,690 (+31.8%)	0.8%	$246.37	+25.6%	COM	46625H100
AAPL	APPLE INC	490,096 (+5.5%)	$133,237 (+12.6%)	1.6%	$201.00	+33.5%	COM	037833100
GS	GOLDMAN SACHS GROUP INC	97,710 (+6.9%)	$85,887 (+18.0%)	1.0%	$476.88	+70.6%	COM	38141G104
FR	FIRST INDL RLTY TR INC	1,154,879 (+8.8%)	$66,140 (+21.0%)	0.8%	$52.68	—	COM	32054K103
PAGS	PAGSEGURO DIGITAL LTD	6,764,422 (+25.2%)	$65,209 (+20.7%)	0.8%	$9.05	+5.9%	COM CL A	G68707101
VLO	VALERO ENERGY CORP	100,011 (+122.4%)	$16,281 (+112.6%)	0.2%	$159.38	+5.9%	COM	91913Y100
B	BARRICK MNG CORP	536,021 (+18.9%)	$23,344 (+58.0%)	0.3%	$27.10	+38.1%	COM SHS	06849F108
CPA	COPA HOLDINGS SA	451,756 (+14.8%)	$54,486 (+16.5%)	0.7%	$106.49	+13.9%	CL A	P31076105
BAP	CREDICORP LTD	221,793 (+5.1%)	$63,655 (+13.2%)	0.8%	$202.05	+31.0%	COM	G2519Y108
CR	CRANE COMPANY	499,264 (+7.8%)	$92,079 (+8.0%)	1.1%	$165.80	+11.8%	COMMON STOCK	224408104
PLMR	PALOMAR HLDGS INC	212,279 (+12.8%)	$28,607 (+30.3%)	0.3%	$88.67	+37.7%	COM	69753M105
ROAD	CONSTRUCTION PARTNERS INC	708,617 (+7.8%)	$76,920 (-7.9%)	0.9%	$83.82	+34.3%	COM CL A	21044C107
TMO	THERMO FISHER SCIENTIFIC INC	62,173 (+2.1%)	$36,026 (+22.0%)	0.4%	$511.34	+10.5%	COM	883556102
PRIM	PRIMORIS SVCS CORP	799,683 (+4.2%)	$99,273 (-5.8%)	1.2%	$75.81	+72.2%	COM	74164F103
MCK	MCKESSON CORP	11,671 (+149.9%)	$9,574 (+165.3%)	0.1%	$632.67	+28.9%	COM	58155Q103
JNJ	JOHNSON & JOHNSON	56,163 (+75.8%)	$11,623 (+96.2%)	0.1%	$172.15	+14.4%	COM	478160104
SYF	SYNCHRONY FINANCIAL	264,979 (+13.9%)	$22,107 (+33.7%)	0.3%	$62.81	+21.5%	COM	87165B103
COR	CENCORA INC	40,737 (+54.4%)	$13,759 (+66.9%)	0.2%	$292.55	+16.4%	COM	03073E105
CRH	CRH PLC	583,328 (+3.7%)	$72,799 (+7.9%)	0.9%	$94.85	+25.6%	ORD	G25508105
LPLA	LPL FINL HLDGS INC	63,268 (+16.7%)	$22,597 (+25.2%)	0.3%	$221.27	+59.8%	COM	50212V100
TAC	TRANSALTA CORP	1,818,379 (+34.2%)	$22,999 (+24.3%)	0.3%	$11.85	+26.0%	COM	89346D107
TSM	TAIWAN SEMICONDUCTOR MFG LTD	68,910 (+14.6%)	$20,941 (+24.7%)	0.3%	$171.59	—	SPONSORED ADS	874039100
LOAR	LOAR HOLDINGS INC	280,871 (+1.9%)	$19,099 (-13.4%)	0.2%	$75.15	-3.0%	COM SHS	53947R105
BABA	ALIBABA GROUP HLDG LTD	358,551 (+28.9%)	$52,556 (+5.7%)	0.6%	$171.53	—	SPONSORED ADS	01609W102
INDI	INDIE SEMICONDUCTOR INC	5,001,073 (+1.1%)	$17,654 (-12.3%)	0.2%	$4.19	+4.5%	CLASS A COM	45569U101
DGX	QUEST DIAGNOSTICS INC	460,725 (+6.7%)	$79,950 (-2.8%)	1.0%	$174.78	+4.2%	COM	74834L100
QCOM	QUALCOMM INC	50,719 (+18.9%)	$8,675 (+22.2%)	0.1%	$145.89	+17.1%	COM	747525103
GILD	GILEAD SCIENCES INC	54,712 (+14.6%)	$6,715 (+26.8%)	0.1%	$103.13	+17.2%	COM	375558103
STLD	STEEL DYNAMICS INC	21,812 (+19.0%)	$3,696 (+44.6%)	0.0%	$131.07	+20.8%	COM	858119100
HCA	HCA HEALTHCARE INC	6,506 (+18.3%)	$3,037 (+29.6%)	0.0%	$377.83	+22.7%	COM	40412C101
PRI	PRIMERICA INC	41,634 (+14.6%)	$10,757 (+6.7%)	0.1%	$281.32	-7.3%	COM	74164M108
HALO	HALOZYME THERAPEUTICS INC	114,596 (+14.6%)	$7,712 (+5.2%)	0.1%	$59.26	+13.5%	COM	40637H109
LDOS	LEIDOS HOLDINGS INC	17,586 (+14.6%)	$3,173 (+9.4%)	0.0%	$148.07	+27.7%	COM	525327102
ANET	ARISTA NETWORKS INC	28,356 (+18.8%)	$3,715 (+6.9%)	0.0%	$107.14	+28.5%	COM SHS	040413205

Exited Positions (50)

CVX CHEVRON CORP NEW 1.4%

Value ($000) $118,394 Shares 762,406 Est. Cost $152.28 Unrealized -0.6%

HESM HESS MIDSTREAM LP 1.2%

Value ($000) $96,634 Shares 2,796,934 Est. Cost $34.81 Unrealized -6.3%

SPG SIMON PPTY GROUP INC NEW 1.1%

Value ($000) $91,799 Shares 489,151 Est. Cost $158.71 Unrealized +13.4%

ETN EATON CORP PLC 0.8%

Value ($000) $63,276 Shares 169,074 Est. Cost $312.41 Unrealized +13.4%

ADM ARCHER DANIELS MIDLAND CO 0.7%

Value ($000) $57,560 Shares 963,501 Est. Cost $57.76 Unrealized +3.0%

CMA COMERICA INC 0.6%

Value ($000) $52,145 Shares 761,014 Est. Cost $66.25 Unrealized +20.7%

CORZ CORE SCIENTIFIC INC NEW 0.6%

Value ($000) $47,728 Shares 2,660,404 Est. Cost $12.10 Unrealized +44.1%

WAL WESTERN ALLIANCE BANCORP 0.5%

Value ($000) $40,624 Shares 468,451 Est. Cost $83.75 Unrealized -3.7%

CTVA CORTEVA INC 0.5%

Value ($000) $39,906 Shares 590,063 Est. Cost $52.53 Unrealized +22.9%

FWONK LIBERTY MEDIA CORP DEL 0.4%

Value ($000) $36,035 Shares 344,997 Est. Cost $83.65 Unrealized —

FND FLOOR & DECOR HLDGS INC 0.3%

Value ($000) $27,966 Shares 379,453 Est. Cost $81.96 Unrealized -20.9%

QFIN QFIN HOLDINGS INC 0.3%

Value ($000) $26,768 Shares 930,086 Est. Cost $41.48 Unrealized —

DIS DISNEY WALT CO 0.2%

Value ($000) $20,690 Shares 180,701 Est. Cost $104.50 Unrealized +4.8%

RTX RTX CORPORATION 0.2%

Value ($000) $19,950 Shares 119,226 Est. Cost $136.51 Unrealized +27.0%

WWW WOLVERINE WORLD WIDE INC 0.2%

Value ($000) $18,452 Shares 672,440 Est. Cost $26.08 Unrealized -23.0%

CCJ CAMECO CORP 0.2%

Value ($000) $18,002 Shares 214,664 Est. Cost $45.94 Unrealized +95.7%

— DIVERSIFIED ENERGY COMPANY P 0.2%

Value ($000) $16,973 Shares 1,211,504 Est. Cost $15.24 Unrealized —

DECK DECKERS OUTDOOR CORP 0.2%

Value ($000) $15,956 Shares 157,408 Est. Cost $110.91 Unrealized -15.5%

AGNC AGNC INVT CORP 0.2%

Value ($000) $14,275 Shares 1,458,097 Est. Cost $9.79 Unrealized —

ALL ALLSTATE CORP 0.2%

Value ($000) $13,717 Shares 63,902 Est. Cost $170.56 Unrealized +19.7%

NFLX NETFLIX INC 0.1%

Value ($000) $11,697 Shares 9,756 Est. Cost $105.90 Unrealized +1.8%

HEI HEICO CORP NEW 0.1%

Value ($000) $11,136 Shares 34,495 Est. Cost $251.10 Unrealized +25.8%

PFGC PERFORMANCE FOOD GROUP CO 0.1%

Value ($000) $10,817 Shares 103,973 Est. Cost $76.34 Unrealized +26.5%

AXP AMERICAN EXPRESS CO 0.1%

Value ($000) $7,915 Shares 23,830 Est. Cost $235.20 Unrealized +51.8%

BWIN THE BALDWIN INSURANCE GRP IN 0.1%

Value ($000) $7,269 Shares 257,664 Est. Cost $34.72 Unrealized -26.7%

KKR KKR & CO INC 0.1%

Value ($000) $7,205 Shares 55,444 Est. Cost $145.82 Unrealized -14.8%

OZK BANK OZK LITTLE ROCK ARK 0.1%

Value ($000) $6,818 Shares 133,732 Est. Cost $41.80 Unrealized +10.7%

NU NU HLDGS LTD 0.1%

Value ($000) $6,125 Shares 382,567 Est. Cost $10.87 Unrealized +47.9%

VMC VULCAN MATLS CO 0.1%

Value ($000) $6,100 Shares 19,829 Est. Cost $221.34 Unrealized +32.4%

WPM WHEATON PRECIOUS METALS CORP 0.1%

Value ($000) $5,306 Shares 47,425 Est. Cost $56.10 Unrealized +90.9%

TJX TJX COS INC NEW 0.1%

Value ($000) $5,227 Shares 36,165 Est. Cost $102.26 Unrealized +44.4%

YUMC YUM CHINA HLDGS INC 0.1%

Value ($000) $5,017 Shares 116,887 Est. Cost $44.71 Unrealized +2.5%

SNPS SYNOPSYS INC 0.1%

Value ($000) $4,779 Shares 9,686 Est. Cost $445.61 Unrealized -0.3%

EXE EXPAND ENERGY CORPORATION 0.1%

Value ($000) $4,491 Shares 42,270 Est. Cost $109.10 Unrealized +1.4%

EFX EQUIFAX INC 0.1%

Value ($000) $4,463 Shares 17,397 Est. Cost $244.74 Unrealized -10.7%

PM PHILIP MORRIS INTL INC 0.1%

Value ($000) $4,409 Shares 27,181 Est. Cost $167.37 Unrealized -8.2%

TTEK TETRA TECH INC NEW 0.1%

Value ($000) $4,245 Shares 127,167 Est. Cost $33.33 Unrealized +1.5%

PG PROCTER AND GAMBLE CO 0.1%

Value ($000) $4,211 Shares 27,407 Est. Cost $138.63 Unrealized +6.2%

OTIS OTIS WORLDWIDE CORP 0.1%

Value ($000) $4,188 Shares 45,805 Est. Cost $95.28 Unrealized -6.3%

MSI MOTOROLA SOLUTIONS INC 0.0%

Value ($000) $4,084 Shares 8,930 Est. Cost $440.93 Unrealized -9.1%

GEHC GE HEALTHCARE TECHNOLOGIES I 0.0%

Value ($000) $3,771 Shares 50,215 Est. Cost $73.91 Unrealized +5.4%

RDY DR REDDYS LABS LTD 0.0%

Value ($000) $3,360 Shares 240,322 Est. Cost $22.05 Unrealized —

ZTS ZOETIS INC 0.0%

Value ($000) $3,280 Shares 22,416 Est. Cost $166.98 Unrealized -22.0%

UNP UNION PAC CORP 0.0%

Value ($000) $3,142 Shares 13,293 Est. Cost $207.20 Unrealized +9.7%

FISV FISERV INC 0.0%

Value ($000) $3,008 Shares 23,328 Est. Cost $140.94 Unrealized -40.5%

FIS FIDELITY NATL INFORMATION SV 0.0%

Value ($000) $2,865 Shares 43,446 Est. Cost $65.77 Unrealized -0.2%

EQH EQUITABLE HLDGS INC 0.0%

Value ($000) $2,008 Shares 39,538 Est. Cost $38.94 Unrealized +21.3%

PPC PILGRIMS PRIDE CORP 0.0%

Value ($000) $2,004 Shares 49,210 Est. Cost $26.19 Unrealized +46.8%

EXP EAGLE MATLS INC 0.0%

Value ($000) $1,659 Shares 7,121 Est. Cost $179.58 Unrealized +22.8%

GLOB GLOBANT S A 0.0%

Value ($000) $1,208 Shares 21,061 Est. Cost $189.09 Unrealized -66.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CVX	CHEVRON CORP NEW	762,406	$118,394	1.4%	$152.28	-0.6%	—	166764100
HESM	HESS MIDSTREAM LP	2,796,934	$96,634	1.2%	$34.81	-6.3%	—	428103105
SPG	SIMON PPTY GROUP INC NEW	489,151	$91,799	1.1%	$158.71	+13.4%	—	828806109
ETN	EATON CORP PLC	169,074	$63,276	0.8%	$312.41	+13.4%	—	G29183103
ADM	ARCHER DANIELS MIDLAND CO	963,501	$57,560	0.7%	$57.76	+3.0%	—	039483102
CMA	COMERICA INC	761,014	$52,145	0.6%	$66.25	+20.7%	—	200340107
CORZ	CORE SCIENTIFIC INC NEW	2,660,404	$47,728	0.6%	$12.10	+44.1%	—	21874A106
WAL	WESTERN ALLIANCE BANCORP	468,451	$40,624	0.5%	$83.75	-3.7%	—	957638109
CTVA	CORTEVA INC	590,063	$39,906	0.5%	$52.53	+22.9%	—	22052L104
FWONK	LIBERTY MEDIA CORP DEL	344,997	$36,035	0.4%	$83.65	—	—	531229755
FND	FLOOR & DECOR HLDGS INC	379,453	$27,966	0.3%	$81.96	-20.9%	—	339750101
QFIN	QFIN HOLDINGS INC	930,086	$26,768	0.3%	$41.48	—	—	88557W101
DIS	DISNEY WALT CO	180,701	$20,690	0.2%	$104.50	+4.8%	—	254687106
RTX	RTX CORPORATION	119,226	$19,950	0.2%	$136.51	+27.0%	—	75513E101
WWW	WOLVERINE WORLD WIDE INC	672,440	$18,452	0.2%	$26.08	-23.0%	—	978097103
CCJ	CAMECO CORP	214,664	$18,002	0.2%	$45.94	+95.7%	—	13321L108
—	DIVERSIFIED ENERGY COMPANY P	1,211,504	$16,973	0.2%	$15.24	—	—	G2891G204
DECK	DECKERS OUTDOOR CORP	157,408	$15,956	0.2%	$110.91	-15.5%	—	243537107
AGNC	AGNC INVT CORP	1,458,097	$14,275	0.2%	$9.79	—	—	00123Q104
ALL	ALLSTATE CORP	63,902	$13,717	0.2%	$170.56	+19.7%	—	020002101
NFLX	NETFLIX INC	9,756	$11,697	0.1%	$105.90	+1.8%	—	64110L106
HEI	HEICO CORP NEW	34,495	$11,136	0.1%	$251.10	+25.8%	—	422806109
PFGC	PERFORMANCE FOOD GROUP CO	103,973	$10,817	0.1%	$76.34	+26.5%	—	71377A103
AXP	AMERICAN EXPRESS CO	23,830	$7,915	0.1%	$235.20	+51.8%	—	025816109
BWIN	THE BALDWIN INSURANCE GRP IN	257,664	$7,269	0.1%	$34.72	-26.7%	—	05589G102
KKR	KKR & CO INC	55,444	$7,205	0.1%	$145.82	-14.8%	—	48251W104
OZK	BANK OZK LITTLE ROCK ARK	133,732	$6,818	0.1%	$41.80	+10.7%	—	06417N103
NU	NU HLDGS LTD	382,567	$6,125	0.1%	$10.87	+47.9%	—	G6683N103
VMC	VULCAN MATLS CO	19,829	$6,100	0.1%	$221.34	+32.4%	—	929160109
WPM	WHEATON PRECIOUS METALS CORP	47,425	$5,306	0.1%	$56.10	+90.9%	—	962879102
TJX	TJX COS INC NEW	36,165	$5,227	0.1%	$102.26	+44.4%	—	872540109
YUMC	YUM CHINA HLDGS INC	116,887	$5,017	0.1%	$44.71	+2.5%	—	98850P109
SNPS	SYNOPSYS INC	9,686	$4,779	0.1%	$445.61	-0.3%	—	871607107
EXE	EXPAND ENERGY CORPORATION	42,270	$4,491	0.1%	$109.10	+1.4%	—	165167735
EFX	EQUIFAX INC	17,397	$4,463	0.1%	$244.74	-10.7%	—	294429105
PM	PHILIP MORRIS INTL INC	27,181	$4,409	0.1%	$167.37	-8.2%	—	718172109
TTEK	TETRA TECH INC NEW	127,167	$4,245	0.1%	$33.33	+1.5%	—	88162G103
PG	PROCTER AND GAMBLE CO	27,407	$4,211	0.1%	$138.63	+6.2%	—	742718109
OTIS	OTIS WORLDWIDE CORP	45,805	$4,188	0.1%	$95.28	-6.3%	—	68902V107
MSI	MOTOROLA SOLUTIONS INC	8,930	$4,084	0.0%	$440.93	-9.1%	—	620076307
GEHC	GE HEALTHCARE TECHNOLOGIES I	50,215	$3,771	0.0%	$73.91	+5.4%	—	36266G107
RDY	DR REDDYS LABS LTD	240,322	$3,360	0.0%	$22.05	—	—	256135203
ZTS	ZOETIS INC	22,416	$3,280	0.0%	$166.98	-22.0%	—	98978V103
UNP	UNION PAC CORP	13,293	$3,142	0.0%	$207.20	+9.7%	—	907818108
FISV	FISERV INC	23,328	$3,008	0.0%	$140.94	-40.5%	—	337738108
FIS	FIDELITY NATL INFORMATION SV	43,446	$2,865	0.0%	$65.77	-0.2%	—	31620M106
EQH	EQUITABLE HLDGS INC	39,538	$2,008	0.0%	$38.94	+21.3%	—	29452E101
PPC	PILGRIMS PRIDE CORP	49,210	$2,004	0.0%	$26.19	+46.8%	—	72147K108
EXP	EAGLE MATLS INC	7,121	$1,659	0.0%	$179.58	+22.8%	—	26969P108
GLOB	GLOBANT S A	21,061	$1,208	0.0%	$189.09	-66.8%	—	L44385109

Decreased Positions (70)

TXN TEXAS INSTRS INC 0.3%

Value ($000) $27,858 (-82.5%) Shares 160,574 (-81.5%) Est. Cost $174.27 Unrealized -2.0%

JEF JEFFERIES FINL GROUP INC 0.7%

Value ($000) $60,985 (-60.8%) Shares 984,103 (-58.6%) Est. Cost $53.14 Unrealized +6.7%

META META PLATFORMS INC 0.9%

Value ($000) $74,221 (-50.5%) Shares 112,440 (-44.9%) Est. Cost $221.40 Unrealized +201.4%

WDC WESTERN DIGITAL CORP 0.3%

Value ($000) $26,178 (-74.1%) Shares 151,957 (-82.0%) Est. Cost $36.80 Unrealized +311.8%

PLNT PLANET FITNESS INC 0.1%

Value ($000) $10,900 (-86.5%) Shares 100,486 (-87.1%) Est. Cost $99.35 Unrealized +3.6%

BE BLOOM ENERGY CORP 0.4%

Value ($000) $35,265 (-65.8%) Shares 405,858 (-66.7%) Est. Cost $17.16 Unrealized +512.3%

MSFT MICROSOFT CORP 2.5%

Value ($000) $204,423 (-21.3%) Shares 422,693 (-15.7%) Est. Cost $272.52 Unrealized +83.7%

IREN IREN LIMITED 0.2%

Value ($000) $14,533 (-77.8%) Shares 384,767 (-72.4%) Est. Cost $17.49 Unrealized +194.9%

FLUT FLUTTER ENTMT PLC 0.8%

Value ($000) $64,698 (-42.1%) Shares 298,430 (-31.1%) Est. Cost $205.33 Unrealized +9.5%

TDG TRANSDIGM GROUP INC 0.1%

Value ($000) $11,353 (-79.5%) Shares 8,537 (-79.7%) Est. Cost $1314.14 Unrealized -0.3%

TLN TALEN ENERGY CORP 0.2%

Value ($000) $20,659 (-66.8%) Shares 55,114 (-62.3%) Est. Cost $237.27 Unrealized +63.8%

AXON AXON ENTERPRISE INC 0.9%

Value ($000) $75,991 (-34.7%) Shares 133,804 (-17.5%) Est. Cost $591.02 Unrealized +5.0%

ALLY ALLY FINL INC 0.4%

Value ($000) $30,158 (-56.2%) Shares 665,882 (-62.1%) Est. Cost $37.32 Unrealized +9.3%

NVDA NVIDIA CORPORATION 3.6%

Value ($000) $297,685 (-10.4%) Shares 1,596,166 (-10.3%) Est. Cost $99.31 Unrealized +87.4%

KO COCA COLA CO 0.2%

Value ($000) $13,133 (-68.7%) Shares 187,858 (-70.3%) Est. Cost $64.97 Unrealized +6.8%

FIX COMFORT SYS USA INC 0.6%

Value ($000) $49,646 (-35.5%) Shares 53,195 (-43.0%) Est. Cost $341.41 Unrealized +170.3%

KGC KINROSS GOLD CORP 1.9%

Value ($000) $160,596 (-14.1%) Shares 5,702,990 (-24.2%) Est. Cost $11.84 Unrealized +119.3%

BJ BJS WHSL CLUB HLDGS INC 0.1%

Value ($000) $10,008 (-72.2%) Shares 111,164 (-71.2%) Est. Cost $102.97 Unrealized -10.9%

ABBV ABBVIE INC 1.9%

Value ($000) $160,857 (-11.2%) Shares 703,998 (-10.1%) Est. Cost $176.97 Unrealized +28.6%

NI NISOURCE INC 0.2%

Value ($000) $19,985 (-50.3%) Shares 478,566 (-48.4%) Est. Cost $36.50 Unrealized +16.8%

AU ANGLOGOLD ASHANTI PLC 0.2%

Value ($000) $20,483 (-48.9%) Shares 240,184 (-57.9%) Est. Cost $43.96 Unrealized +76.3%

COHR COHERENT CORP 0.4%

Value ($000) $33,858 (-34.4%) Shares 183,444 (-61.7%) Est. Cost $86.16 Unrealized +73.6%

OGE OGE ENERGY CORP 0.2%

Value ($000) $13,597 (-56.5%) Shares 318,425 (-52.9%) Est. Cost $44.51 Unrealized +0.2%

AVGO BROADCOM INC 0.4%

Value ($000) $36,924 (-31.7%) Shares 106,685 (-34.9%) Est. Cost $176.96 Unrealized +101.7%

HL HECLA MNG CO 0.5%

Value ($000) $44,729 (+53.7%) Shares 2,330,841 (-3.1%) Est. Cost $8.03 Unrealized +90.3%

IP INTERNATIONAL PAPER CO 0.1%

Value ($000) $9,054 (-62.2%) Shares 229,846 (-55.4%) Est. Cost $48.77 Unrealized -16.2%

AMD ADVANCED MICRO DEVICES INC 0.4%

Value ($000) $31,941 (-31.6%) Shares 149,147 (-48.4%) Est. Cost $136.24 Unrealized +64.9%

MU MICRON TECHNOLOGY INC 0.4%

Value ($000) $36,128 (+67.2%) Shares 126,584 (-2.0%) Est. Cost $88.96 Unrealized +157.8%

SYK STRYKER CORPORATION 0.4%

Value ($000) $35,818 (-28.8%) Shares 101,908 (-25.1%) Est. Cost $348.11 Unrealized +4.4%

KFY KORN FERRY 0.6%

Value ($000) $53,478 (-21.3%) Shares 810,027 (-16.6%) Est. Cost $64.99 Unrealized +2.9%

POST POST HLDGS INC 0.2%

Value ($000) $17,719 (-42.7%) Shares 178,893 (-37.8%) Est. Cost $109.73 Unrealized -5.7%

BURL BURLINGTON STORES INC 0.5%

Value ($000) $42,018 (-23.9%) Shares 145,468 (-32.9%) Est. Cost $192.36 Unrealized +41.0%

EMBJ EMBRAER S.A. 0.2%

Value ($000) $13,204 (-49.5%) Shares 205,129 (-52.6%) Est. Cost $40.98 Unrealized —

WFC WELLS FARGO CO NEW 0.7%

Value ($000) $60,625 (-17.2%) Shares 650,483 (-25.5%) Est. Cost $64.94 Unrealized +33.4%

HOOD ROBINHOOD MKTS INC 0.1%

Value ($000) $7,244 (-62.4%) Shares 64,047 (-52.5%) Est. Cost $109.05 Unrealized +19.3%

CEG CONSTELLATION ENERGY CORP 0.6%

Value ($000) $50,463 (-19.2%) Shares 142,845 (-24.8%) Est. Cost $143.28 Unrealized +153.5%

C CITIGROUP INC 1.6%

Value ($000) $132,301 (+9.1%) Shares 1,133,786 (-5.1%) Est. Cost $73.28 Unrealized +41.4%

PBR PETROLEO BRASILEIRO SA PETRO 0.3%

Value ($000) $23,810 (-29.8%) Shares 2,009,324 (-25.0%) Est. Cost $14.19 Unrealized —

MA MASTERCARD INCORPORATED 0.5%

Value ($000) $42,320 (-18.4%) Shares 74,131 (-18.7%) Est. Cost $525.14 Unrealized +6.4%

RYAAY RYANAIR HOLDINGS PLC 1.3%

Value ($000) $104,582 (+9.6%) Shares 1,448,711 (-8.6%) Est. Cost $67.92 Unrealized —

PH PARKER-HANNIFIN CORP 1.3%

Value ($000) $105,938 (+8.8%) Shares 120,527 (-6.1%) Est. Cost $613.42 Unrealized +33.3%

AZO AUTOZONE INC 0.1%

Value ($000) $5,928 (-55.2%) Shares 1,748 (-43.3%) Est. Cost $4011.66 Unrealized -5.8%

AMZN AMAZON COM INC 2.1%

Value ($000) $170,792 (-4.0%) Shares 739,935 (-8.7%) Est. Cost $121.80 Unrealized +87.8%

CP CANADIAN PACIFIC KANSAS CITY 0.0%

Value ($000) $3,979 (-64.2%) Shares 54,045 (-63.8%) Est. Cost $76.03 Unrealized -3.2%

BOOT BOOT BARN HLDGS INC 0.3%

Value ($000) $21,705 (-24.5%) Shares 122,995 (-29.1%) Est. Cost $138.29 Unrealized +34.9%

PGR PROGRESSIVE CORP 0.1%

Value ($000) $7,562 (-46.9%) Shares 33,207 (-42.5%) Est. Cost $157.27 Unrealized +35.0%

CMS CMS ENERGY CORP 0.1%

Value ($000) $12,063 (-33.8%) Shares 172,501 (-30.6%) Est. Cost $64.40 Unrealized +12.6%

AEM AGNICO EAGLE MINES LTD 1.2%

Value ($000) $96,875 (-5.4%) Shares 571,247 (-6.1%) Est. Cost $124.16 Unrealized +35.2%

DT DYNATRACE INC 0.2%

Value ($000) $19,561 (-21.6%) Shares 451,333 (-12.4%) Est. Cost $50.52 Unrealized -7.7%

LYV LIVE NATION ENTERTAINMENT IN 0.4%

Value ($000) $28,975 (-14.9%) Shares 203,336 (-2.4%) Est. Cost $137.67 Unrealized +4.4%

RCL ROYAL CARIBBEAN GROUP 0.3%

Value ($000) $23,541 (-15.5%) Shares 84,401 (-2.0%) Est. Cost $330.67 Unrealized -14.8%

USFD US FOODS HLDG CORP 0.3%

Value ($000) $22,575 (-14.9%) Shares 299,725 (-13.4%) Est. Cost $54.76 Unrealized +37.1%

SGI SOMNIGROUP INTERNATIONAL INC 0.5%

Value ($000) $37,646 (-8.6%) Shares 421,662 (-13.7%) Est. Cost $59.41 Unrealized +47.0%

HLT HILTON WORLDWIDE HLDGS INC 0.2%

Value ($000) $17,525 (-13.9%) Shares 61,008 (-22.3%) Est. Cost $166.44 Unrealized +63.5%

MO ALTRIA GROUP INC 0.1%

Value ($000) $12,211 (-15.7%) Shares 211,775 (-3.4%) Est. Cost $38.13 Unrealized +55.7%

CHKP CHECK POINT SOFTWARE TECH LT 0.1%

Value ($000) $11,179 (-16.8%) Shares 60,242 (-7.2%) Est. Cost $220.02 Unrealized -12.1%

KNSL KINSALE CAP GROUP INC 0.2%

Value ($000) $17,194 (-10.9%) Shares 43,962 (-3.2%) Est. Cost $420.27 Unrealized -3.0%

GPOR GULFPORT ENERGY CORP 0.0%

Value ($000) $3,589 (-35.0%) Shares 17,256 (-43.4%) Est. Cost $184.00 Unrealized +8.3%

SW SMURFIT WESTROCK PLC 0.1%

Value ($000) $11,357 (-14.2%) Shares 293,683 (-5.5%) Est. Cost $48.36 Unrealized -21.2%

AMPX AMPRIUS TECHNOLOGIES INC 0.0%

Value ($000) $3,661 (-27.3%) Shares 464,029 (-3.0%) Est. Cost $7.87 Unrealized +45.3%

DHR DANAHER CORPORATION 0.1%

Value ($000) $11,668 (-10.3%) Shares 50,970 (-22.3%) Est. Cost $201.14 Unrealized +9.1%

AGCO AGCO CORP 0.0%

Value ($000) $957 (-55.3%) Shares 9,171 (-54.1%) Est. Cost $109.75 Unrealized -3.4%

MCO MOODYS CORP 0.3%

Value ($000) $23,860 (+5.1%) Shares 46,706 (-2.0%) Est. Cost $310.36 Unrealized +57.0%

SNOW SNOWFLAKE INC 0.3%

Value ($000) $21,905 (-4.7%) Shares 99,858 (-2.0%) Est. Cost $174.56 Unrealized +39.8%

GEN GEN DIGITAL INC 0.0%

Value ($000) $3,338 (-23.0%) Shares 122,769 (-19.6%) Est. Cost $29.71 Unrealized -9.6%

APG API GROUP CORP 0.2%

Value ($000) $15,722 (+5.5%) Shares 410,931 (-5.2%) Est. Cost $26.37 Unrealized +40.2%

ULTA ULTA BEAUTY INC 0.2%

Value ($000) $12,898 (-5.6%) Shares 21,318 (-14.7%) Est. Cost $512.40 Unrealized +7.3%

SNDK SANDISK CORP 0.1%

Value ($000) $4,994 (-7.5%) Shares 21,038 (-56.3%) Est. Cost $58.39 Unrealized +243.0%

BLD TOPBUILD CORP 0.6%

Value ($000) $45,976 (-0.7%) Shares 110,205 (-6.9%) Est. Cost $399.15 Unrealized +7.4%

NTRA NATERA INC 0.4%

Value ($000) $35,125 (-0.2%) Shares 153,323 (-29.9%) Est. Cost $121.32 Unrealized +71.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TXN	TEXAS INSTRS INC	160,574 (-81.5%)	$27,858 (-82.5%)	0.3%	$174.27	-2.0%	COM	882508104
JEF	JEFFERIES FINL GROUP INC	984,103 (-58.6%)	$60,985 (-60.8%)	0.7%	$53.14	+6.7%	COM	47233W109
META	META PLATFORMS INC	112,440 (-44.9%)	$74,221 (-50.5%)	0.9%	$221.40	+201.4%	CL A	30303M102
WDC	WESTERN DIGITAL CORP	151,957 (-82.0%)	$26,178 (-74.1%)	0.3%	$36.80	+311.8%	COM	958102105
PLNT	PLANET FITNESS INC	100,486 (-87.1%)	$10,900 (-86.5%)	0.1%	$99.35	+3.6%	CL A	72703H101
BE	BLOOM ENERGY CORP	405,858 (-66.7%)	$35,265 (-65.8%)	0.4%	$17.16	+512.3%	COM CL A	093712107
MSFT	MICROSOFT CORP	422,693 (-15.7%)	$204,423 (-21.3%)	2.5%	$272.52	+83.7%	COM	594918104
IREN	IREN LIMITED	384,767 (-72.4%)	$14,533 (-77.8%)	0.2%	$17.49	+194.9%	ORDINARY SHARES	Q4982L109
FLUT	FLUTTER ENTMT PLC	298,430 (-31.1%)	$64,698 (-42.1%)	0.8%	$205.33	+9.5%	SHS	G3643J108
TDG	TRANSDIGM GROUP INC	8,537 (-79.7%)	$11,353 (-79.5%)	0.1%	$1314.14	-0.3%	COM	893641100
TLN	TALEN ENERGY CORP	55,114 (-62.3%)	$20,659 (-66.8%)	0.2%	$237.27	+63.8%	COM	87422Q109
AXON	AXON ENTERPRISE INC	133,804 (-17.5%)	$75,991 (-34.7%)	0.9%	$591.02	+5.0%	COM	05464C101
ALLY	ALLY FINL INC	665,882 (-62.1%)	$30,158 (-56.2%)	0.4%	$37.32	+9.3%	COM	02005N100
NVDA	NVIDIA CORPORATION	1,596,166 (-10.3%)	$297,685 (-10.4%)	3.6%	$99.31	+87.4%	COM	67066G104
KO	COCA COLA CO	187,858 (-70.3%)	$13,133 (-68.7%)	0.2%	$64.97	+6.8%	COM	191216100
FIX	COMFORT SYS USA INC	53,195 (-43.0%)	$49,646 (-35.5%)	0.6%	$341.41	+170.3%	COM	199908104
KGC	KINROSS GOLD CORP	5,702,990 (-24.2%)	$160,596 (-14.1%)	1.9%	$11.84	+119.3%	COM	496902404
BJ	BJS WHSL CLUB HLDGS INC	111,164 (-71.2%)	$10,008 (-72.2%)	0.1%	$102.97	-10.9%	COM	05550J101
ABBV	ABBVIE INC	703,998 (-10.1%)	$160,857 (-11.2%)	1.9%	$176.97	+28.6%	COM	00287Y109
NI	NISOURCE INC	478,566 (-48.4%)	$19,985 (-50.3%)	0.2%	$36.50	+16.8%	COM	65473P105
AU	ANGLOGOLD ASHANTI PLC	240,184 (-57.9%)	$20,483 (-48.9%)	0.2%	$43.96	+76.3%	COM SHS	G0378L100
COHR	COHERENT CORP	183,444 (-61.7%)	$33,858 (-34.4%)	0.4%	$86.16	+73.6%	COM	19247G107
OGE	OGE ENERGY CORP	318,425 (-52.9%)	$13,597 (-56.5%)	0.2%	$44.51	+0.2%	COM	670837103
AVGO	BROADCOM INC	106,685 (-34.9%)	$36,924 (-31.7%)	0.4%	$176.96	+101.7%	COM	11135F101
HL	HECLA MNG CO	2,330,841 (-3.1%)	$44,729 (+53.7%)	0.5%	$8.03	+90.3%	COM	422704106
IP	INTERNATIONAL PAPER CO	229,846 (-55.4%)	$9,054 (-62.2%)	0.1%	$48.77	-16.2%	COM	460146103
AMD	ADVANCED MICRO DEVICES INC	149,147 (-48.4%)	$31,941 (-31.6%)	0.4%	$136.24	+64.9%	COM	007903107
MU	MICRON TECHNOLOGY INC	126,584 (-2.0%)	$36,128 (+67.2%)	0.4%	$88.96	+157.8%	COM	595112103
SYK	STRYKER CORPORATION	101,908 (-25.1%)	$35,818 (-28.8%)	0.4%	$348.11	+4.4%	COM	863667101
KFY	KORN FERRY	810,027 (-16.6%)	$53,478 (-21.3%)	0.6%	$64.99	+2.9%	COM NEW	500643200
POST	POST HLDGS INC	178,893 (-37.8%)	$17,719 (-42.7%)	0.2%	$109.73	-5.7%	COM	737446104
BURL	BURLINGTON STORES INC	145,468 (-32.9%)	$42,018 (-23.9%)	0.5%	$192.36	+41.0%	COM	122017106
EMBJ	EMBRAER S.A.	205,129 (-52.6%)	$13,204 (-49.5%)	0.2%	$40.98	—	SPONSORED ADS	29082A107
WFC	WELLS FARGO CO NEW	650,483 (-25.5%)	$60,625 (-17.2%)	0.7%	$64.94	+33.4%	COM	949746101
HOOD	ROBINHOOD MKTS INC	64,047 (-52.5%)	$7,244 (-62.4%)	0.1%	$109.05	+19.3%	COM CL A	770700102
CEG	CONSTELLATION ENERGY CORP	142,845 (-24.8%)	$50,463 (-19.2%)	0.6%	$143.28	+153.5%	COM	21037T109
C	CITIGROUP INC	1,133,786 (-5.1%)	$132,301 (+9.1%)	1.6%	$73.28	+41.4%	COM NEW	172967424
PBR	PETROLEO BRASILEIRO SA PETRO	2,009,324 (-25.0%)	$23,810 (-29.8%)	0.3%	$14.19	—	SPONSORED ADR	71654V408
MA	MASTERCARD INCORPORATED	74,131 (-18.7%)	$42,320 (-18.4%)	0.5%	$525.14	+6.4%	CL A	57636Q104
RYAAY	RYANAIR HOLDINGS PLC	1,448,711 (-8.6%)	$104,582 (+9.6%)	1.3%	$67.92	—	SPONSORED ADR	783513203
PH	PARKER-HANNIFIN CORP	120,527 (-6.1%)	$105,938 (+8.8%)	1.3%	$613.42	+33.3%	COM	701094104
AZO	AUTOZONE INC	1,748 (-43.3%)	$5,928 (-55.2%)	0.1%	$4011.66	-5.8%	COM	053332102
AMZN	AMAZON COM INC	739,935 (-8.7%)	$170,792 (-4.0%)	2.1%	$121.80	+87.8%	COM	023135106
CP	CANADIAN PACIFIC KANSAS CITY	54,045 (-63.8%)	$3,979 (-64.2%)	0.0%	$76.03	-3.2%	COM	13646K108
BOOT	BOOT BARN HLDGS INC	122,995 (-29.1%)	$21,705 (-24.5%)	0.3%	$138.29	+34.9%	COM	099406100
PGR	PROGRESSIVE CORP	33,207 (-42.5%)	$7,562 (-46.9%)	0.1%	$157.27	+35.0%	COM	743315103
CMS	CMS ENERGY CORP	172,501 (-30.6%)	$12,063 (-33.8%)	0.1%	$64.40	+12.6%	COM	125896100
AEM	AGNICO EAGLE MINES LTD	571,247 (-6.1%)	$96,875 (-5.4%)	1.2%	$124.16	+35.2%	COM	008474108
DT	DYNATRACE INC	451,333 (-12.4%)	$19,561 (-21.6%)	0.2%	$50.52	-7.7%	COM NEW	268150109
LYV	LIVE NATION ENTERTAINMENT IN	203,336 (-2.4%)	$28,975 (-14.9%)	0.4%	$137.67	+4.4%	COM	538034109
RCL	ROYAL CARIBBEAN GROUP	84,401 (-2.0%)	$23,541 (-15.5%)	0.3%	$330.67	-14.8%	COM	V7780T103
USFD	US FOODS HLDG CORP	299,725 (-13.4%)	$22,575 (-14.9%)	0.3%	$54.76	+37.1%	COM	912008109
SGI	SOMNIGROUP INTERNATIONAL INC	421,662 (-13.7%)	$37,646 (-8.6%)	0.5%	$59.41	+47.0%	COM	88023U101
HLT	HILTON WORLDWIDE HLDGS INC	61,008 (-22.3%)	$17,525 (-13.9%)	0.2%	$166.44	+63.5%	COM	43300A203
MO	ALTRIA GROUP INC	211,775 (-3.4%)	$12,211 (-15.7%)	0.1%	$38.13	+55.7%	COM	02209S103
CHKP	CHECK POINT SOFTWARE TECH LT	60,242 (-7.2%)	$11,179 (-16.8%)	0.1%	$220.02	-12.1%	ORD	M22465104
KNSL	KINSALE CAP GROUP INC	43,962 (-3.2%)	$17,194 (-10.9%)	0.2%	$420.27	-3.0%	COM	49714P108
GPOR	GULFPORT ENERGY CORP	17,256 (-43.4%)	$3,589 (-35.0%)	0.0%	$184.00	+8.3%	COMMON SHARES	402635502
SW	SMURFIT WESTROCK PLC	293,683 (-5.5%)	$11,357 (-14.2%)	0.1%	$48.36	-21.2%	SHS	G8267P108
AMPX	AMPRIUS TECHNOLOGIES INC	464,029 (-3.0%)	$3,661 (-27.3%)	0.0%	$7.87	+45.3%	COMMON STOCK	03214Q108
DHR	DANAHER CORPORATION	50,970 (-22.3%)	$11,668 (-10.3%)	0.1%	$201.14	+9.1%	COM	235851102
AGCO	AGCO CORP	9,171 (-54.1%)	$957 (-55.3%)	0.0%	$109.75	-3.4%	COM	001084102
MCO	MOODYS CORP	46,706 (-2.0%)	$23,860 (+5.1%)	0.3%	$310.36	+57.0%	COM	615369105
SNOW	SNOWFLAKE INC	99,858 (-2.0%)	$21,905 (-4.7%)	0.3%	$174.56	+39.8%	COM SHS	833445109
GEN	GEN DIGITAL INC	122,769 (-19.6%)	$3,338 (-23.0%)	0.0%	$29.71	-9.6%	COM	668771108
APG	API GROUP CORP	410,931 (-5.2%)	$15,722 (+5.5%)	0.2%	$26.37	+40.2%	COM STK	00187Y100
ULTA	ULTA BEAUTY INC	21,318 (-14.7%)	$12,898 (-5.6%)	0.2%	$512.40	+7.3%	COM	90384S303
SNDK	SANDISK CORP	21,038 (-56.3%)	$4,994 (-7.5%)	0.1%	$58.39	+243.0%	COM	80004C200
BLD	TOPBUILD CORP	110,205 (-6.9%)	$45,976 (-0.7%)	0.6%	$399.15	+7.4%	COM	89055F103
NTRA	NATERA INC	153,323 (-29.9%)	$35,125 (-0.2%)	0.4%	$121.32	+71.9%	COM	632307104

Unchanged Positions (3)

COF CAPITAL ONE FINL CORP 1.9%

Value ($000) $160,016 Shares 660,242 Est. Cost $180.82 Unrealized +22.9%

PAGP PLAINS GP HLDGS L P 0.8%

Value ($000) $67,548 Shares 3,529,173 Est. Cost $19.27 Unrealized —

AON AON PLC 0.2%

Value ($000) $14,549 Shares 41,229 Est. Cost $349.25 Unrealized -0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
COF	CAPITAL ONE FINL CORP	660,242	$160,016	1.9%	$180.82	+22.9%	COM	14040H105
PAGP	PLAINS GP HLDGS L P	3,529,173	$67,548	0.8%	$19.27	—	LTD PARTNR INT A	72651A207
AON	AON PLC	41,229	$14,549	0.2%	$349.25	-0.0%	SHS CL A	G0403H108