Durable Capital Partners LP Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MDLN	MEDLINE INC	6,900,000	$289,800	2.7%	$42.23	0.0%	COM CL A	58507V107
Q	QNITY ELECTRONICS INC	2,800,861	$228,690	2.2%	$84.91	0.0%	COMMON STOCK	74743L100
ULS	UL SOLUTIONS INC	2,563,523	$202,159	1.9%	$80.28	0.0%	CLASS A COM SHS	903731107
DSGX	DESCARTES SYS GROUP INC	1,710,202	$149,916	1.4%	$89.38	0.0%	COM	249906108
SRAD	SPORTRADAR GROUP AG	5,956,331	$141,582	1.3%	$23.77	—	CLASS A ORD SHS	H8088L103
TWLO	TWILIO INC	962,089	$136,848	1.3%	$123.87	0.0%	CL A	90138F102
ANDG	ANDERSEN GROUP INC	1,670,485	$43,316	0.4%	$25.14	0.0%	CL A	033853102
IWM	ISHARES TR	96,776	$23,822	0.2%	$246.16	—	RUSSELL 2000 ETF	464287655

Increased Positions (12)

DASH DOORDASH INC 7.7%

Value ($000) $810,514 (+78.3%) Shares 3,578,745 (+114.1%) Est. Cost $222.64 Unrealized +5.4%

MELI MERCADOLIBRE INC 5.9%

Value ($000) $620,255 (+51.3%) Shares 307,932 (+75.5%) Est. Cost $2174.14 Unrealized -3.4%

RKT ROCKET COS INC 3.2%

Value ($000) $338,223 (+58.8%) Shares 17,470,197 (+58.9%) Est. Cost $17.60 Unrealized +1.6%

FERG FERGUSON ENTERPRISES INC 3.3%

Value ($000) $347,602 (+42.1%) Shares 1,561,342 (+43.4%) Est. Cost $228.73 Unrealized +4.0%

OPCH OPTION CARE HEALTH INC 2.7%

Value ($000) $286,461 (+38.9%) Shares 8,991,254 (+21.0%) Est. Cost $31.47 Unrealized -6.7%

CLH CLEAN HARBORS INC 1.9%

Value ($000) $195,735 (+46.9%) Shares 834,763 (+45.5%) Est. Cost $234.17 Unrealized -2.4%

CVNA CARVANA CO 3.7%

Value ($000) $390,387 (+16.0%) Shares 925,045 (+3.6%) Est. Cost $140.23 Unrealized +165.1%

TECH BIO-TECHNE CORP 1.2%

Value ($000) $122,848 (+58.2%) Shares 2,088,891 (+49.6%) Est. Cost $55.86 Unrealized +8.7%

FOUR SHIFT4 PMTS INC 3.9%

Value ($000) $416,041 (-4.5%) Shares 6,606,969 (+17.4%) Est. Cost $65.53 Unrealized +7.8%

VSEC VSE CORP 1.4%

Value ($000) $151,904 (+5.6%) Shares 879,228 (+1.6%) Est. Cost $96.03 Unrealized +78.0%

PRVA PRIVIA HEALTH GROUP INC 2.7%

Value ($000) $286,603 (-1.6%) Shares 12,087,843 (+3.4%) Est. Cost $24.83 Unrealized -2.0%

GSHD GOOSEHEAD INS INC 1.1%

Value ($000) $115,113 (+0.3%) Shares 1,562,969 (+1.3%) Est. Cost $95.65 Unrealized -25.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DASH	DOORDASH INC	3,578,745 (+114.1%)	$810,514 (+78.3%)	7.7%	$222.64	+5.4%	CL A	25809K105
MELI	MERCADOLIBRE INC	307,932 (+75.5%)	$620,255 (+51.3%)	5.9%	$2174.14	-3.4%	COM	58733R102
RKT	ROCKET COS INC	17,470,197 (+58.9%)	$338,223 (+58.8%)	3.2%	$17.60	+1.6%	COM CL A	77311W101
FERG	FERGUSON ENTERPRISES INC	1,561,342 (+43.4%)	$347,602 (+42.1%)	3.3%	$228.73	+4.0%	COMMON STOCK NEW	31488V107
OPCH	OPTION CARE HEALTH INC	8,991,254 (+21.0%)	$286,461 (+38.9%)	2.7%	$31.47	-6.7%	COM NEW	68404L201
CLH	CLEAN HARBORS INC	834,763 (+45.5%)	$195,735 (+46.9%)	1.9%	$234.17	-2.4%	COM	184496107
CVNA	CARVANA CO	925,045 (+3.6%)	$390,387 (+16.0%)	3.7%	$140.23	+165.1%	CL A	146869102
TECH	BIO-TECHNE CORP	2,088,891 (+49.6%)	$122,848 (+58.2%)	1.2%	$55.86	+8.7%	COM	09073M104
FOUR	SHIFT4 PMTS INC	6,606,969 (+17.4%)	$416,041 (-4.5%)	3.9%	$65.53	+7.8%	CL A	82452J109
VSEC	VSE CORP	879,228 (+1.6%)	$151,904 (+5.6%)	1.4%	$96.03	+78.0%	COM	918284100
PRVA	PRIVIA HEALTH GROUP INC	12,087,843 (+3.4%)	$286,603 (-1.6%)	2.7%	$24.83	-2.0%	COM	74276R102
GSHD	GOOSEHEAD INS INC	1,562,969 (+1.3%)	$115,113 (+0.3%)	1.1%	$95.65	-25.5%	COM CL A	38267D109

Exited Positions (16)

ENTG ENTEGRIS INC 3.3%

Value ($000) $348,115 Shares 3,765,035 Est. Cost $105.22 Unrealized -17.5%

FLUT FLUTTER ENTMT PLC 3.0%

Value ($000) $315,973 Shares 1,243,988 Est. Cost $282.35 Unrealized -20.3%

WST WEST PHARMACEUTICAL SVSC INC 2.9%

Value ($000) $307,604 Shares 1,172,583 Est. Cost $255.70 Unrealized +6.9%

INTU INTUIT 2.8%

Value ($000) $298,606 Shares 437,256 Est. Cost $377.08 Unrealized +75.2%

ESAB ESAB CORPORATION 2.1%

Value ($000) $217,430 Shares 1,945,854 Est. Cost $120.45 Unrealized -5.1%

WIX WIX COM LTD 1.7%

Value ($000) $183,286 Shares 1,031,844 Est. Cost $150.49 Unrealized -19.7%

HUBS HUBSPOT INC 1.4%

Value ($000) $152,835 Shares 326,711 Est. Cost $448.86 Unrealized -7.7%

FND FLOOR & DECOR HLDGS INC 1.1%

Value ($000) $121,264 Shares 1,645,369 Est. Cost $75.42 Unrealized -14.1%

MASI MASIMO CORP 0.9%

Value ($000) $91,572 Shares 620,619 Est. Cost $173.06 Unrealized -17.3%

RH RH 0.4%

Value ($000) $44,987 Shares 221,434 Est. Cost $219.08 Unrealized -21.9%

BIRK BIRKENSTOCK HOLDING PLC 0.4%

Value ($000) $40,121 Shares 886,660 Est. Cost $48.94 Unrealized -13.5%

XMTR XOMETRY INC 0.3%

Value ($000) $36,455 Shares 669,274 Est. Cost $43.39 Unrealized +29.9%

ROP ROPER TECHNOLOGIES INC 0.3%

Value ($000) $28,150 Shares 56,448 Est. Cost $409.77 Unrealized +12.8%

OM OUTSET MED INC 0.1%

Value ($000) $14,455 Shares 1,023,706 Est. Cost $11.92 Unrealized -28.1%

VIA VIA TRANSN INC 0.1%

Value ($000) $9,616 Shares 200,000 Est. Cost $49.48 Unrealized -16.6%

SG SWEETGREEN INC 0.1%

Value ($000) $5,298 Shares 663,890 Est. Cost $29.74 Unrealized -76.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ENTG	ENTEGRIS INC	3,765,035	$348,115	3.3%	$105.22	-17.5%	—	29362U104
FLUT	FLUTTER ENTMT PLC	1,243,988	$315,973	3.0%	$282.35	-20.3%	—	G3643J108
WST	WEST PHARMACEUTICAL SVSC INC	1,172,583	$307,604	2.9%	$255.70	+6.9%	—	955306105
INTU	INTUIT	437,256	$298,606	2.8%	$377.08	+75.2%	—	461202103
ESAB	ESAB CORPORATION	1,945,854	$217,430	2.1%	$120.45	-5.1%	—	29605J106
WIX	WIX COM LTD	1,031,844	$183,286	1.7%	$150.49	-19.7%	—	M98068105
HUBS	HUBSPOT INC	326,711	$152,835	1.4%	$448.86	-7.7%	—	443573100
FND	FLOOR & DECOR HLDGS INC	1,645,369	$121,264	1.1%	$75.42	-14.1%	—	339750101
MASI	MASIMO CORP	620,619	$91,572	0.9%	$173.06	-17.3%	—	574795100
RH	RH	221,434	$44,987	0.4%	$219.08	-21.9%	—	74967X103
BIRK	BIRKENSTOCK HOLDING PLC	886,660	$40,121	0.4%	$48.94	-13.5%	—	M2029K104
XMTR	XOMETRY INC	669,274	$36,455	0.3%	$43.39	+29.9%	—	98423F109
ROP	ROPER TECHNOLOGIES INC	56,448	$28,150	0.3%	$409.77	+12.8%	—	776696106
OM	OUTSET MED INC	1,023,706	$14,455	0.1%	$11.92	-28.1%	—	690145206
VIA	VIA TRANSN INC	200,000	$9,616	0.1%	$49.48	-16.6%	—	92556W104
SG	SWEETGREEN INC	663,890	$5,298	0.1%	$29.74	-76.9%	—	87043Q108

Decreased Positions (19)

RBLX ROBLOX CORP 0.9%

Value ($000) $94,216 (-80.7%) Shares 1,162,730 (-67.1%) Est. Cost $57.23 Unrealized +85.5%

SHOP SHOPIFY INC 3.1%

Value ($000) $328,897 (-51.3%) Shares 2,043,219 (-55.0%) Est. Cost $84.62 Unrealized +89.7%

FSV FIRSTSERVICE CORP NEW 0.6%

Value ($000) $67,904 (-81.4%) Shares 436,598 (-80.3%) Est. Cost $120.35 Unrealized +35.0%

DUOL DUOLINGO INC 0.2%

Value ($000) $20,916 (-92.6%) Shares 119,181 (-86.4%) Est. Cost $117.36 Unrealized +100.8%

CPNG COUPANG INC 5.5%

Value ($000) $576,846 (-27.9%) Shares 24,452,985 (-1.5%) Est. Cost $20.73 Unrealized +37.3%

FIG FIGMA INC 0.6%

Value ($000) $64,548 (-76.8%) Shares 1,727,263 (-67.8%) Est. Cost $68.66 Unrealized -34.2%

BKNG BOOKING HOLDINGS INC 0.9%

Value ($000) $97,863 (-67.2%) Shares 18,274 (-67.0%) Est. Cost $3300.93 Unrealized +55.6%

AFRM AFFIRM HLDGS INC 2.6%

Value ($000) $273,990 (-40.2%) Shares 3,681,173 (-41.3%) Est. Cost $46.53 Unrealized +54.7%

AYI ACUITY INC 2.8%

Value ($000) $293,549 (-37.5%) Shares 815,322 (-40.2%) Est. Cost $286.18 Unrealized +26.2%

VEEV VEEVA SYS INC 2.0%

Value ($000) $212,492 (-43.3%) Shares 951,896 (-24.4%) Est. Cost $255.48 Unrealized +3.9%

TOST TOAST INC 0.8%

Value ($000) $81,638 (-64.8%) Shares 2,299,023 (-63.9%) Est. Cost $20.29 Unrealized +77.6%

CBZ CBIZ INC 0.8%

Value ($000) $82,333 (-60.4%) Shares 1,631,969 (-58.4%) Est. Cost $64.50 Unrealized -18.5%

YOU CLEAR SECURE INC 1.1%

Value ($000) $121,431 (-42.9%) Shares 3,461,549 (-45.6%) Est. Cost $24.85 Unrealized +36.7%

CIGI COLLIERS INTL GROUP INC 4.7%

Value ($000) $495,388 (-14.3%) Shares 3,369,760 (-8.9%) Est. Cost $117.51 Unrealized +27.7%

WRBY WARBY PARKER INC 1.5%

Value ($000) $159,298 (-34.0%) Shares 7,310,605 (-16.5%) Est. Cost $29.49 Unrealized -26.2%

RBC RBC BEARINGS INC 10.0%

Value ($000) $1,051,528 (+6.9%) Shares 2,344,911 (-7.0%) Est. Cost $207.31 Unrealized +104.3%

AUR AURORA INNOVATION INC 0.2%

Value ($000) $25,991 (-60.0%) Shares 6,768,585 (-43.8%) Est. Cost $4.28 Unrealized +6.9%

APP APPLOVIN CORP 1.0%

Value ($000) $110,106 (-18.4%) Shares 163,405 (-13.0%) Est. Cost $344.61 Unrealized +82.8%

XPO XPO INC 5.1%

Value ($000) $536,722 (-4.1%) Shares 3,949,100 (-8.8%) Est. Cost $123.15 Unrealized +10.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RBLX	ROBLOX CORP	1,162,730 (-67.1%)	$94,216 (-80.7%)	0.9%	$57.23	+85.5%	CL A	771049103
SHOP	SHOPIFY INC	2,043,219 (-55.0%)	$328,897 (-51.3%)	3.1%	$84.62	+89.7%	CL A SUB VTG SHS	82509L107
FSV	FIRSTSERVICE CORP NEW	436,598 (-80.3%)	$67,904 (-81.4%)	0.6%	$120.35	+35.0%	COM	33767E202
DUOL	DUOLINGO INC	119,181 (-86.4%)	$20,916 (-92.6%)	0.2%	$117.36	+100.8%	CL A COM	26603R106
CPNG	COUPANG INC	24,452,985 (-1.5%)	$576,846 (-27.9%)	5.5%	$20.73	+37.3%	CL A	22266T109
FIG	FIGMA INC	1,727,263 (-67.8%)	$64,548 (-76.8%)	0.6%	$68.66	-34.2%	CLASS A COM STK	316841105
BKNG	BOOKING HOLDINGS INC	18,274 (-67.0%)	$97,863 (-67.2%)	0.9%	$3300.93	+55.6%	COM	09857L108
AFRM	AFFIRM HLDGS INC	3,681,173 (-41.3%)	$273,990 (-40.2%)	2.6%	$46.53	+54.7%	COM CL A	00827B106
AYI	ACUITY INC	815,322 (-40.2%)	$293,549 (-37.5%)	2.8%	$286.18	+26.2%	COM	00508Y102
VEEV	VEEVA SYS INC	951,896 (-24.4%)	$212,492 (-43.3%)	2.0%	$255.48	+3.9%	CL A COM	922475108
TOST	TOAST INC	2,299,023 (-63.9%)	$81,638 (-64.8%)	0.8%	$20.29	+77.6%	CL A	888787108
CBZ	CBIZ INC	1,631,969 (-58.4%)	$82,333 (-60.4%)	0.8%	$64.50	-18.5%	COM	124805102
YOU	CLEAR SECURE INC	3,461,549 (-45.6%)	$121,431 (-42.9%)	1.1%	$24.85	+36.7%	COM CL A	18467V109
CIGI	COLLIERS INTL GROUP INC	3,369,760 (-8.9%)	$495,388 (-14.3%)	4.7%	$117.51	+27.7%	SUB VTG SHS	194693107
WRBY	WARBY PARKER INC	7,310,605 (-16.5%)	$159,298 (-34.0%)	1.5%	$29.49	-26.2%	CL A COM	93403J106
RBC	RBC BEARINGS INC	2,344,911 (-7.0%)	$1,051,528 (+6.9%)	10.0%	$207.31	+104.3%	COM	75524B104
AUR	AURORA INNOVATION INC	6,768,585 (-43.8%)	$25,991 (-60.0%)	0.2%	$4.28	+6.9%	CLASS A COM	051774107
APP	APPLOVIN CORP	163,405 (-13.0%)	$110,106 (-18.4%)	1.0%	$344.61	+82.8%	COM CL A	03831W108
XPO	XPO INC	3,949,100 (-8.8%)	$536,722 (-4.1%)	5.1%	$123.15	+10.6%	COM	983793100

Unchanged Positions (1)

APG API GROUP CORP 5.4%

Value ($000) $574,565 Shares 15,017,378 Est. Cost $27.83 Unrealized +32.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
APG	API GROUP CORP	15,017,378	$574,565	5.4%	$27.83	+32.9%	COM STK	00187Y100