Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CIEN	CIENA	116,000 (+2.7%)	$40.84M (-26.4%)	5.5%	$352.03	$42.39	+730.0%	COM	171779309
JBL	JABIL	152,000 (+1.3%)	$43.7M (-24.5%)	5.9%	$287.52	$36.39	+688.3%	COM	466313103
NVDA	NVIDIA	128,000 (+36.2%)	$29.22M (+55.6%)	3.9%	$228.28	$129.13	+76.9%	COM	67066G104
COHR	COHERENT	100,000 (+4.2%)	$28.86M (-23.9%)	3.9%	$288.58	$56.23	+411.8%	COM	19247G107
HPQ	HP	847,000 (+1.4%)	$26.51M (+44.6%)	3.6%	$31.30	$17.70	+76.7%	COM	40434L105
IQV	IQVIA	90,000 (+1.1%)	$24.15M (+41.2%)	3.3%	$268.34	$176.38	+52.4%	COM	46266C105
TPR	TAPESTRY	154,000 (+2.0%)	$17.67M (-20.3%)	2.4%	$114.73	$43.57	+164.0%	COM	876030107
SGI	SOMNIGROUP INTERNATIONAL	207,000 (+1.5%)	$12.85M (-19.6%)	1.7%	$62.08	$30.63	+102.8%	COM	88023U101
MSFT	MICROSOFT	20,000 (+5.3%)	$10.14M (+39.5%)	1.4%	$506.95	$94.62	+442.1%	COM	594918104
AAPL	APPLE	47,000 (+2.2%)	$15.59M (+16.7%)	2.1%	$331.79	$136.94	+143.2%	COM	037833100
GPN	GLOBAL PAYMENTS	208,000 (+1.5%)	$17M (+14.2%)	2.3%	$81.75	$91.52	-10.8%	COM	37940X102
FBIN	FORTUNE BRANDS	125,000 (+1.6%)	$4.758M (-29.7%)	0.6%	$38.06	$44.99	-15.4%	COM	34964C106
ODFL	OLD DOMINION FREIGHT LINE	43,000 (+2.4%)	$7.437M (-18.6%)	1.0%	$172.95	$185.05	-6.1%	COM	679580100
WTS	WATTS WATER	48,000 (+2.1%)	$16.86M (-8.2%)	2.3%	$351.35	$155.06	+128.4%	COM	942749102
MBC	MASTERBRAND	440,000 (+1.6%)	$3.077M (-31.0%)	0.4%	$6.99	$10.01	-30.1%	COM	57638P104
BKNG	BOOKING HOLDINGS	94,000 (+2.2%)	$15.28M (-7.3%)	2.1%	$162.54	$260.30	-37.4%	COM	09857L108
ALGN	ALIGN TECHNOLOGY	57,000 (+1.8%)	$8.261M (-12.6%)	1.1%	$144.93	$277.49	-47.6%	COM	016255101
WST	WEST PHARMACEUTICAL SERVICES	63,000 (+1.6%)	$23.5M (+4.8%)	3.2%	$373.08	$271.56	+36.5%	COM	955306105
TXN	TEXAS INSTRUMENTS	72,000 (+1.4%)	$20.28M (-4.7%)	2.7%	$281.69	$114.94	+143.7%	COM	882508104
ARHS	ARHAUS	828,000 (+1.5%)	$7.838M (+14.1%)	1.1%	$9.47	$9.58	-1.2%	COM	04035M102
J	JACOBS SOLUTIONS	83,000 (+1.2%)	$11.22M (+8.9%)	1.5%	$135.24	$106.51	+27.0%	COM	46982L108
NKE	NIKE CL B	181,000 (+1.1%)	$6.413M (-12.5%)	0.9%	$35.43	$63.61	-44.3%	COM	654106103
FSLR	FIRST SOLAR INC	16,000 (+6.7%)	$2.743M (-24.7%)	0.4%	$171.44 *	$211.68	-17.3%	COM	336433107
JCI	JOHNSON CONTROLS	154,000 (+1.3%)	$22.94M (+3.2%)	3.1%	$148.99	$32.64	+355.4%	COM	G51502105
BIIB	BIOGEN	51,000 (+2.0%)	$11.49M (+6.1%)	1.5%	$225.39	$191.94	+17.7%	COM	09062X103
AMTM	AMENTUM HOLDINGS	175,000 (+1.2%)	$3.179M (-11.1%)	0.4%	$18.17	$29.35	-38.3%	COM	023939101
FDXF	FEDEX FREIGHT	8,000 (+14.3%)	$827K (-26.6%)	0.1%	$103.38 *	$160.42	-31.8%	COM	314352105
ZYME	ZYMEWORKS INC	47,000 (+2.2%)	$1.235M (+2.8%)	0.2%	$26.28	$8.39	+215.7%	COM	98985Y108

Exited Positions (2)

ITGR INTEGER HOLDINGS 2.0%

Value $15.02M Shares 161,000 Share Price $93.29 * Est. Cost/Share $87.42 Unrealized @ Report Date +44.5%

EA ELECTRONIC ARTS INC 1.0%

Value $7.281M Shares 36,000 Share Price $202.25 * Est. Cost/Share $109.10 Unrealized @ Report Date +92.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ITGR	INTEGER HOLDINGS	161,000	$15.02M	2.0%	$93.29 *	$87.42	+44.5%	—	45826H109
EA	ELECTRONIC ARTS INC	36,000	$7.281M	1.0%	$202.25 *	$109.10	+92.2%	—	285512109

Decreased Positions (7)

AMAT APPLIED MATERIALS 6.1%

Value $45.35M (-31.0%) Shares 89,000 (-2.2%) Share Price $509.60 Est. Cost/Share $52.43 Unrealized @ Report Date +875.4%

ANF ABERCROMBIE & FITCH 2.1%

Value $15.73M (+41.7%) Shares 117,000 (-4.9%) Share Price $134.48 Est. Cost/Share $56.46 Unrealized @ Report Date +138.6%

WBD WARNER BROS DISCOVERY INC 1.3%

Value $9.382M (-32.0%) Shares 303,000 (-41.4%) Share Price $30.96 Est. Cost/Share $16.03 Unrealized @ Report Date +93.0%

LITE LUMENTUM 6.5%

Value $48.49M (+7.0%) Shares 50,000 (-5.7%) Share Price $969.88 Est. Cost/Share $83.61 Unrealized @ Report Date +1061.6%

EAT BRINKER INTERNATIONAL 3.4%

Value $25.41M (+5.3%) Shares 131,000 (-9.0%) Share Price $193.97 Est. Cost/Share $49.02 Unrealized @ Report Date +294.8%

QCOM QUALCOMM 0.7%

Value $4.886M (-18.3%) Shares 27,000 (-15.6%) Share Price $180.96 Est. Cost/Share $131.14 Unrealized @ Report Date +40.3%

ADBE ADOBE SYSTEMS 1.7%

Value $12.64M (+0.4%) Shares 53,000 (-13.1%) Share Price $238.47 Est. Cost/Share $261.88 Unrealized @ Report Date -8.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AMAT	APPLIED MATERIALS	89,000 (-2.2%)	$45.35M (-31.0%)	6.1%	$509.60	$52.43	+875.4%	COM	038222105
ANF	ABERCROMBIE & FITCH	117,000 (-4.9%)	$15.73M (+41.7%)	2.1%	$134.48	$56.46	+138.6%	COM	002896207
WBD	WARNER BROS DISCOVERY INC	303,000 (-41.4%)	$9.382M (-32.0%)	1.3%	$30.96	$16.03	+93.0%	COM	934423104
LITE	LUMENTUM	50,000 (-5.7%)	$48.49M (+7.0%)	6.5%	$969.88	$83.61	+1061.6%	COM	55024U109
EAT	BRINKER INTERNATIONAL	131,000 (-9.0%)	$25.41M (+5.3%)	3.4%	$193.97	$49.02	+294.8%	COM	109641100
QCOM	QUALCOMM	27,000 (-15.6%)	$4.886M (-18.3%)	0.7%	$180.96	$131.14	+40.3%	COM	747525103
ADBE	ADOBE SYSTEMS	53,000 (-13.1%)	$12.64M (+0.4%)	1.7%	$238.47	$261.88	-8.4%	COM	00724F101

Unchanged Positions (11)

TMO THERMO FISHER SCIENTIFIC 2.9%

Value $21.9M Shares 32,000 Share Price $684.50 Est. Cost/Share $488.66 Unrealized @ Report Date +38.1%

ULTA ULTA BEAUTY 1.6%

Value $11.73M Shares 21,000 Share Price $558.76 * Est. Cost/Share $432.92 Unrealized @ Report Date +26.2%

MSI MOTOROLA SOLUTIONS 3.5%

Value $26.03M Shares 58,000 Share Price $448.81 Est. Cost/Share $165.41 Unrealized @ Report Date +169.6%

URI UNITED RENTALS 1.7%

Value $12.78M Shares 13,000 Share Price $982.92 Est. Cost/Share $538.82 Unrealized @ Report Date +85.7%

AZO AUTOZONE 1.3%

Value $9.557M Shares 3,000 Share Price $3185.67 * Est. Cost/Share $3746.66 Unrealized @ Report Date -24.5%

NVR NVR 1.3%

Value $9.982M Shares 2,000 Share Price $4991.00 * Est. Cost/Share $6651.03 Unrealized @ Report Date -7.5%

FDX FEDEX CORP 0.6%

Value $4.312M Shares 15,000 Share Price $287.47 Est. Cost/Share $203.84 Unrealized @ Report Date +39.9%

ELV ELEVANCE HEALTH 1.6%

Value $11.75M Shares 30,000 Share Price $391.63 Est. Cost/Share $255.06 Unrealized @ Report Date +52.4%

CROX CROCS 2.0%

Value $14.72M Shares 125,000 Share Price $117.75 Est. Cost/Share $75.91 Unrealized @ Report Date +54.5%

MCO MOODY'S 1.1%

Value $8.256M Shares 18,000 Share Price $458.67 Est. Cost/Share $449.10 Unrealized @ Report Date +1.1%

LULU LULULEMON ATHLETICA 0.0%

Value $135K Shares 1,000 Share Price $135.00 * Est. Cost/Share $265.38 Unrealized @ Report Date -63.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TMO	THERMO FISHER SCIENTIFIC	32,000	$21.9M	2.9%	$684.50	$488.66	+38.1%	COM	883556102
ULTA	ULTA BEAUTY	21,000	$11.73M	1.6%	$558.76 *	$432.92	+26.2%	COM	90384S303
MSI	MOTOROLA SOLUTIONS	58,000	$26.03M	3.5%	$448.81	$165.41	+169.6%	COM	620076307
URI	UNITED RENTALS	13,000	$12.78M	1.7%	$982.92	$538.82	+85.7%	COM	911363109
AZO	AUTOZONE	3,000	$9.557M	1.3%	$3185.67 *	$3746.66	-24.5%	COM	053332102
NVR	NVR	2,000	$9.982M	1.3%	$4991.00 *	$6651.03	-7.5%	COM	62944T105
FDX	FEDEX CORP	15,000	$4.312M	0.6%	$287.47	$203.84	+39.9%	COM	31428X106
ELV	ELEVANCE HEALTH	30,000	$11.75M	1.6%	$391.63	$255.06	+52.4%	COM	036752103
CROX	CROCS	125,000	$14.72M	2.0%	$117.75	$75.91	+54.5%	COM	227046109
MCO	MOODY'S	18,000	$8.256M	1.1%	$458.67	$449.10	+1.1%	COM	615369105
LULU	LULULEMON ATHLETICA	1,000	$135K	0.0%	$135.00 *	$265.38	-63.8%	COM	550021109