Exane Asset Management Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LIN	LINDE PLC	52,057	$26,064	5.5%	$427.28	0.0%	STOCK	G54950103
AMZN	AMAZON.COM INC	76,192	$20,651	4.3%	$228.79	0.0%	STOCK	023135106
GOOGL	GOOGLE INC	48,329	$17,763	3.7%	$285.60	0.0%	STOCK	02079K305
NFLX	NETFLIX INC	153,066	$16,852	3.5%	$107.81	0.0%	STOCK	64110L106
DASH	DOORDASH INC	39,842	$10,596	2.2%	$234.56	0.0%	STOCK	25809K105
CRM	SALESFORCE INC	33,156	$10,314	2.2%	$248.17	0.0%	STOCK	79466L302
BKNG	BOOKING HOLDINGS INC	1,386	$8,716	1.8%	$5137.84	0.0%	STOCK	09857L108
BIRK	BIRKENSTOCK HOLDING PLC	158,980	$7,635	1.6%	$42.35	0.0%	STOCK	M2029K104
TWLO	TWILIO INC	34,835	$5,818	1.2%	$123.87	0.0%	STOCK	90138F102
NVDA	NVIDIA CORP	21,769	$4,767	1.0%	$186.13	0.0%	STOCK	67066G104
DT	DYNATRACE INC	71,968	$3,663	0.8%	$46.61	0.0%	STOCK	268150109
TTE	TOTALENERGIES SE	4,127	$269	0.1%	$63.23	0.0%	STOCK	F92124100

Increased Positions (12)

BAC BANK OF AMERICA CORP 11.3%

Value ($000) $53,605 (+17239.5%) Shares 830,029 (+16175.1%) Est. Cost $52.60 Unrealized +0.1%

CRH CRH PLC 24.8%

Value ($000) $117,871 (+46.0%) Shares 953,474 (+43.6%) Est. Cost $99.15 Unrealized +20.1%

SNOW SNOWFLAKE INC 3.5%

Value ($000) $16,585 (+2294.9%) Shares 64,388 (+2364.1%) Est. Cost $241.52 Unrealized +1.1%

MDB MONGODB INC 2.8%

Value ($000) $13,248 (+48334.3%) Shares 26,882 (+35742.7%) Est. Cost $363.53 Unrealized +0.1%

SW SMURFIT WESTROCK PLC 5.4%

Value ($000) $25,652 (+48.5%) Shares 564,938 (+63.6%) Est. Cost $43.88 Unrealized -13.1%

NOW SERVICENOW INC 1.4%

Value ($000) $6,835 (+1599.3%) Shares 38,000 (+10115.1%) Est. Cost $171.75 Unrealized -0.1%

TEAM ATLASSIAN CORP 1.3%

Value ($000) $5,971 (+427.5%) Shares 31,363 (+419.9%) Est. Cost $161.54 Unrealized -2.9%

RACE Ferrari NV 0.9%

Value ($000) $4,504 (+77499.9%) Shares 12,035 (+100191.7%) Est. Cost $400.21 Unrealized -0.0%

ESTC ELASTIC NV 0.4%

Value ($000) $1,745 (+305.6%) Shares 19,702 (+354.6%) Est. Cost $85.13 Unrealized -4.2%

SPOT SPOTIFY TECHNOLOGY SA 1.6%

Value ($000) $7,471 (-9.4%) Shares 10,956 (+8.9%) Est. Cost $486.72 Unrealized +28.4%

CCC CCC INTELLIGENT SOLUTIONS HOLD 0.3%

Value ($000) $1,347 (+53.1%) Shares 144,241 (+75.6%) Est. Cost $9.01 Unrealized -9.7%

LOGI LOGITECH INTERNATIONAL SA 0.1%

Value ($000) $333 (+77.6%) Shares 3,478 (+89.1%) Est. Cost $103.05 Unrealized +9.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BAC	BANK OF AMERICA CORP	830,029 (+16175.1%)	$53,605 (+17239.5%)	11.3%	$52.60	+0.1%	STOCK	060505104
CRH	CRH PLC	953,474 (+43.6%)	$117,871 (+46.0%)	24.8%	$99.15	+20.1%	STOCK	G25508105
SNOW	SNOWFLAKE INC	64,388 (+2364.1%)	$16,585 (+2294.9%)	3.5%	$241.52	+1.1%	STOCK	833445109
MDB	MONGODB INC	26,882 (+35742.7%)	$13,248 (+48334.3%)	2.8%	$363.53	+0.1%	STOCK	60937P106
SW	SMURFIT WESTROCK PLC	564,938 (+63.6%)	$25,652 (+48.5%)	5.4%	$43.88	-13.1%	STOCK	G8267P108
NOW	SERVICENOW INC	38,000 (+10115.1%)	$6,835 (+1599.3%)	1.4%	$171.75	-0.1%	STOCK	81762P102
TEAM	ATLASSIAN CORP	31,363 (+419.9%)	$5,971 (+427.5%)	1.3%	$161.54	-2.9%	STOCK	049468101
RACE	Ferrari NV	12,035 (+100191.7%)	$4,504 (+77499.9%)	0.9%	$400.21	-0.0%	STOCK	N3167Y103
ESTC	ELASTIC NV	19,702 (+354.6%)	$1,745 (+305.6%)	0.4%	$85.13	-4.2%	STOCK	N14506104
SPOT	SPOTIFY TECHNOLOGY SA	10,956 (+8.9%)	$7,471 (-9.4%)	1.6%	$486.72	+28.4%	STOCK	L8681T102
CCC	CCC INTELLIGENT SOLUTIONS HOLD	144,241 (+75.6%)	$1,347 (+53.1%)	0.3%	$9.01	-9.7%	STOCK	12510Q100
LOGI	LOGITECH INTERNATIONAL SA	3,478 (+89.1%)	$333 (+77.6%)	0.1%	$103.05	+9.1%	STOCK	H50430232

Exited Positions (12)

CCEP Coca-Cola Europacific Partners 3.3%

Value ($000) $15,538 Shares 171,513 Est. Cost $73.32 Unrealized +22.2%

BSX BOSTON SCIENTIFIC CORP 1.9%

Value ($000) $9,116 Shares 79,463 Est. Cost $103.56 Unrealized -5.3%

PFE PFIZER INC 0.1%

Value ($000) $384 Shares 12,821 Est. Cost $24.14 Unrealized +3.7%

ALC ALCON AG 0.0%

Value ($000) $104 Shares 1,499 Est. Cost $89.55 Unrealized -14.0%

LLY ELI LILLY AND CO 0.0%

Value ($000) $90 Shares 100 Est. Cost $773.40 Unrealized +23.6%

DB DEUTSCHE BANK AG 0.0%

Value ($000) $82 Shares 2,318 Est. Cost $34.09 Unrealized +5.9%

VRTX VERTEX PHARMACEUTICALS INC 0.0%

Value ($000) $46 Shares 100 Est. Cost $417.92 Unrealized +3.1%

ZS ZSCALER INC 0.0%

Value ($000) $35 Shares 100 Est. Cost $229.79 Unrealized +22.8%

HUBS HUBSPOT INC 0.0%

Value ($000) $35 Shares 64 Est. Cost $503.08 Unrealized -17.7%

ABBV ABBVIE INC 0.0%

Value ($000) $28 Shares 103 Est. Cost $182.67 Unrealized +24.6%

DDOG DATADOG INC 0.0%

Value ($000) $10 Shares 57 Est. Cost $126.18 Unrealized +25.2%

ORCL ORACLE CORP 0.0%

Value ($000) $5 Shares 15 Est. Cost $138.70 Unrealized +71.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCEP	Coca-Cola Europacific Partners	171,513	$15,538	3.3%	$73.32	+22.2%	—	G25839104
BSX	BOSTON SCIENTIFIC CORP	79,463	$9,116	1.9%	$103.56	-5.3%	—	101137107
PFE	PFIZER INC	12,821	$384	0.1%	$24.14	+3.7%	—	717081103
ALC	ALCON AG	1,499	$104	0.0%	$89.55	-14.0%	—	H01301128
LLY	ELI LILLY AND CO	100	$90	0.0%	$773.40	+23.6%	—	532457108
DB	DEUTSCHE BANK AG	2,318	$82	0.0%	$34.09	+5.9%	—	D18190898
VRTX	VERTEX PHARMACEUTICALS INC	100	$46	0.0%	$417.92	+3.1%	—	92532F100
ZS	ZSCALER INC	100	$35	0.0%	$229.79	+22.8%	—	98980G102
HUBS	HUBSPOT INC	64	$35	0.0%	$503.08	-17.7%	—	443573100
ABBV	ABBVIE INC	103	$28	0.0%	$182.67	+24.6%	—	00287Y109
DDOG	DATADOG INC	57	$10	0.0%	$126.18	+25.2%	—	23804L103
ORCL	ORACLE CORP	15	$5	0.0%	$138.70	+71.6%	—	68389X105

Decreased Positions (8)

JPM JPMORGAN CHASE and CO 0.0%

Value ($000) $30 (-99.9%) Shares 80 (-99.9%) Est. Cost $295.93 Unrealized +4.6%

PNC PNC FINANCIAL SERVICES GROUP I 0.0%

Value ($000) $14 (-100.0%) Shares 57 (-100.0%) Est. Cost $188.04 Unrealized +2.5%

SNPS SYNOPSYS INC 0.0%

Value ($000) $14 (-99.7%) Shares 25 (-99.7%) Est. Cost $565.30 Unrealized -21.4%

CFLT CONFLUENT INC 0.1%

Value ($000) $489 (-90.4%) Shares 13,780 (-93.7%) Est. Cost $20.92 Unrealized +17.4%

APGE APOGEE THERAPEUTICS, INC. 0.0%

Value ($000) $5 (-99.8%) Shares 52 (-99.9%) Est. Cost $38.18 Unrealized +65.0%

STLA STELLANTIS NV 3.0%

Value ($000) $14,477 (+11.7%) Shares 1,311,546 (-6.4%) Est. Cost $5924.51 Unrealized —

UBS UBS GROUP AG 6.1%

Value ($000) $28,881 (-4.2%) Shares 665,458 (-15.7%) Est. Cost $30.39 Unrealized +33.0%

PCOR PROCORE TECHNOLOGIES, INC. 0.1%

Value ($000) $711 (-3.8%) Shares 8,320 (-3.5%) Est. Cost $65.31 Unrealized +13.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JPM	JPMORGAN CHASE and CO	80 (-99.9%)	$30 (-99.9%)	0.0%	$295.93	+4.6%	STOCK	46625H100
PNC	PNC FINANCIAL SERVICES GROUP I	57 (-100.0%)	$14 (-100.0%)	0.0%	$188.04	+2.5%	STOCK	693475105
SNPS	SYNOPSYS INC	25 (-99.7%)	$14 (-99.7%)	0.0%	$565.30	-21.4%	STOCK	871607107
CFLT	CONFLUENT INC	13,780 (-93.7%)	$489 (-90.4%)	0.1%	$20.92	+17.4%	STOCK	20717M103
APGE	APOGEE THERAPEUTICS, INC.	52 (-99.9%)	$5 (-99.8%)	0.0%	$38.18	+65.0%	STOCK	03770N101
STLA	STELLANTIS NV	1,311,546 (-6.4%)	$14,477 (+11.7%)	3.0%	$5924.51	—	STOCK	N82405106
UBS	UBS GROUP AG	665,458 (-15.7%)	$28,881 (-4.2%)	6.1%	$30.39	+33.0%	STOCK	H42097107
PCOR	PROCORE TECHNOLOGIES, INC.	8,320 (-3.5%)	$711 (-3.8%)	0.1%	$65.31	+13.3%	STOCK	74275K108

Unchanged Positions (2)

FER FERROVIAL SE 8.8%

Value ($000) $41,747 Shares 642,431 Est. Cost $53.78 Unrealized +18.4%

INTU INTUIT INC 0.1%

Value ($000) $690 Shares 887 Est. Cost $719.44 Unrealized -8.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FER	FERROVIAL SE	642,431	$41,747	8.8%	$53.78	+18.4%	STOCK	N3168P101
INTU	INTUIT INC	887	$690	0.1%	$719.44	-8.2%	STOCK	461202103