Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LLY	Eli Lilly and Company	3,746	$4.493M	1.6%	$1199.43	—	COM	532457108
HONA	Honeywell Aerospace Inc.	13,653	$3.018M	1.1%	$221.08	—	COM	43849R105
INTC	Intel Corp.	12,138	$1.695M	0.6%	$139.63	—	COM	458140100
LIN	Linde PLC (UK)	1,245	$646K	0.2%	$518.94	—	INTL	G54950103
LNTH	Lantheus Holdings, Inc.	4,451	$494K	0.2%	$110.94	—	COM	516544103
EPD	Enterprise Products Partners L	10,770	$396K	0.1%	$36.76	—	COM	293792107
LHX	L3Harris Technologies, Inc.	805	$234K	0.1%	$290.59	—	COM	502431109

Increased Positions (22)

MU Micron Technology, Inc 2.5%

Value $6.845M (+447.4%) Shares 5,930 (+60.2%) Est. Cost $622.33 Unrealized —

LRCX Lam Research Corp. 2.1%

Value $5.889M (+124.4%) Shares 13,590 (+10.7%) Est. Cost $163.16 Unrealized —

GOOGL Alphabet Inc. Class A 4.0%

Value $11.12M (+29.4%) Shares 31,112 (+4.2%) Est. Cost $119.37 Unrealized —

GLW Corning Inc. 0.9%

Value $2.459M (+585.7%) Shares 9,625 (+265.0%) Est. Cost $216.05 Unrealized —

COHR Coherent Corp. 1.2%

Value $3.191M (+111.7%) Shares 8,090 (+27.8%) Est. Cost $216.88 Unrealized —

TSM Taiwan Semiconductor (Taiwan) 2.0%

Value $5.401M (+42.9%) Shares 11,309 (+1.1%) Est. Cost $236.85 Unrealized —

URI United Rentals, Inc. 1.6%

Value $4.291M (+57.7%) Shares 3,788 (+1.4%) Est. Cost $606.91 Unrealized —

NET Cloudflare, Inc. 1.3%

Value $3.471M (+78.3%) Shares 14,153 (+50.0%) Est. Cost $213.02 Unrealized —

NFLX Netflix 1.3%

Value $3.487M (-24.0%) Shares 48,840 (+2.3%) Est. Cost $100.73 Unrealized —

AXP American Express Company 1.0%

Value $2.895M (+26.7%) Shares 8,559 (+13.3%) Est. Cost $354.06 Unrealized —

CLS Celestica Inc. (Canada) 0.5%

Value $1.291M (+68.6%) Shares 3,540 (+30.2%) Est. Cost $315.99 Unrealized —

MCK McKesson Corporation 1.4%

Value $3.871M (-6.4%) Shares 5,123 (+7.2%) Est. Cost $453.43 Unrealized —

CAH Cardinal Health, Inc. 0.3%

Value $806K (+42.6%) Shares 3,394 (+26.9%) Est. Cost $220.02 Unrealized —

SOLS Solstice Advanced Materials, I 0.3%

Value $917K (+30.0%) Shares 10,348 (+11.7%) Est. Cost $52.63 Unrealized —

MS Morgan Stanley 0.2%

Value $539K (+61.1%) Shares 2,579 (+26.9%) Est. Cost $151.30 Unrealized —

FIX Comfort Systems USA, Inc. 0.2%

Value $638K (+46.0%) Shares 322 (+1.6%) Est. Cost $939.43 Unrealized —

WMT Wal-Mart Stores 1.4%

Value $3.972M (+4.6%) Shares 35,067 (+14.8%) Est. Cost $103.31 Unrealized —

SRE Sempra 0.1%

Value $329K (+46.5%) Shares 3,548 (+53.6%) Est. Cost $90.63 Unrealized —

NEE Nextera Energy Inc. 1.2%

Value $3.199M (+3.1%) Shares 36,452 (+9.1%) Est. Cost $68.48 Unrealized —

ZS Zscaler, Inc. 0.3%

Value $759K (+11.3%) Shares 5,374 (+10.6%) Est. Cost $188.31 Unrealized —

RTX RTX Corp (Raytheon) 0.1%

Value $413K (+9.6%) Shares 2,178 (+11.4%) Est. Cost $147.58 Unrealized —

TJX TJX Companies Inc. 1.7%

Value $4.798M (+0.5%) Shares 31,673 (+6.0%) Est. Cost $113.17 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MU	Micron Technology, Inc	5,930 (+60.2%)	$6.845M (+447.4%)	2.5%	$622.33	—	COM	595112103
LRCX	Lam Research Corp.	13,590 (+10.7%)	$5.889M (+124.4%)	2.1%	$163.16	—	COM	512807306
GOOGL	Alphabet Inc. Class A	31,112 (+4.2%)	$11.12M (+29.4%)	4.0%	$119.37	—	COM	02079K305
GLW	Corning Inc.	9,625 (+265.0%)	$2.459M (+585.7%)	0.9%	$216.05	—	COM	219350105
COHR	Coherent Corp.	8,090 (+27.8%)	$3.191M (+111.7%)	1.2%	$216.88	—	COM	19247G107
TSM	Taiwan Semiconductor (Taiwan)	11,309 (+1.1%)	$5.401M (+42.9%)	2.0%	$236.85	—	INTL	874039100
URI	United Rentals, Inc.	3,788 (+1.4%)	$4.291M (+57.7%)	1.6%	$606.91	—	COM	911363109
NET	Cloudflare, Inc.	14,153 (+50.0%)	$3.471M (+78.3%)	1.3%	$213.02	—	COM	18915M107
NFLX	Netflix	48,840 (+2.3%)	$3.487M (-24.0%)	1.3%	$100.73	—	COM	64110L106
AXP	American Express Company	8,559 (+13.3%)	$2.895M (+26.7%)	1.0%	$354.06	—	COM	025816109
CLS	Celestica Inc. (Canada)	3,540 (+30.2%)	$1.291M (+68.6%)	0.5%	$315.99	—	INTL	15101Q207
MCK	McKesson Corporation	5,123 (+7.2%)	$3.871M (-6.4%)	1.4%	$453.43	—	COM	58155Q103
CAH	Cardinal Health, Inc.	3,394 (+26.9%)	$806K (+42.6%)	0.3%	$220.02	—	COM	14149Y108
SOLS	Solstice Advanced Materials, I	10,348 (+11.7%)	$917K (+30.0%)	0.3%	$52.63	—	COM	83443Q103
MS	Morgan Stanley	2,579 (+26.9%)	$539K (+61.1%)	0.2%	$151.30	—	COM	617446448
FIX	Comfort Systems USA, Inc.	322 (+1.6%)	$638K (+46.0%)	0.2%	$939.43	—	COM	199908104
WMT	Wal-Mart Stores	35,067 (+14.8%)	$3.972M (+4.6%)	1.4%	$103.31	—	COM	931142103
SRE	Sempra	3,548 (+53.6%)	$329K (+46.5%)	0.1%	$90.63	—	COM	816851109
NEE	Nextera Energy Inc.	36,452 (+9.1%)	$3.199M (+3.1%)	1.2%	$68.48	—	COM	65339F101
ZS	Zscaler, Inc.	5,374 (+10.6%)	$759K (+11.3%)	0.3%	$188.31	—	COM	98980G102
RTX	RTX Corp (Raytheon)	2,178 (+11.4%)	$413K (+9.6%)	0.1%	$147.58	—	COM	75513E101
TJX	TJX Companies Inc.	31,673 (+6.0%)	$4.798M (+0.5%)	1.7%	$113.17	—	COM	872540109

Exited Positions (3)

BSX Boston Scientific Corp. 0.7%

Value $2.05M Shares 32,675 Est. Cost $96.40 Unrealized —

MCD McDonalds Corp. 0.2%

Value $443K Shares 1,425 Est. Cost $260.25 Unrealized —

AZO AutoZone Inc. 0.1%

Value $290K Shares 86 Est. Cost $3030.63 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BSX	Boston Scientific Corp.	32,675	$2.05M	0.7%	$96.40	—	—	101137107
MCD	McDonalds Corp.	1,425	$443K	0.2%	$260.25	—	—	580135101
AZO	AutoZone Inc.	86	$290K	0.1%	$3030.63	—	—	053332102

Decreased Positions (41)

AMD Advanced Micro Devices, Inc. 4.1%

Value $11.25M (+102.2%) Shares 19,362 (-29.2%) Est. Cost $86.23 Unrealized —

CRWD CrowdStrike Holdings, Inc 3.7%

Value $10.28M (+80.3%) Shares 13,467 (-7.8%) Est. Cost $168.78 Unrealized —

PANW Palo Alto Networks Inc 3.1%

Value $8.637M (+104.2%) Shares 25,328 (-4.0%) Est. Cost $143.63 Unrealized —

ISRG Intuitive Surgical 0.3%

Value $923K (-74.7%) Shares 2,322 (-70.7%) Est. Cost $330.70 Unrealized —

HON Honeywell Intl. Inc 1.0%

Value $2.634M (-48.2%) Shares 11,764 (-47.7%) Est. Cost $177.22 Unrealized —

NVDA NVIDIA Corp. 7.8%

Value $21.5M (+11.6%) Shares 107,475 (-2.7%) Est. Cost $91.67 Unrealized —

ANET Arista Networks Inc. 3.0%

Value $8.17M (+32.8%) Shares 48,092 (-4.0%) Est. Cost $128.77 Unrealized —

SNOW Snowflake Inc. 1.8%

Value $5.015M (+53.4%) Shares 19,707 (-9.1%) Est. Cost $184.35 Unrealized —

CAT Caterpillar Inc. 2.0%

Value $5.433M (+46.0%) Shares 5,102 (-2.8%) Est. Cost $236.09 Unrealized —

GEV GE Vernova Inc 2.4%

Value $6.651M (+33.2%) Shares 5,661 (-1.1%) Est. Cost $394.19 Unrealized —

GE GE Aerospace 2.5%

Value $6.932M (+29.1%) Shares 18,548 (-2.0%) Est. Cost $153.48 Unrealized —

HOOD Robinhood Markets, Inc. 1.6%

Value $4.531M (+42.0%) Shares 45,181 (-1.9%) Est. Cost $77.72 Unrealized —

CMI Cummins Inc. 2.2%

Value $6.198M (+27.1%) Shares 8,690 (-4.1%) Est. Cost $259.31 Unrealized —

OTIS Otis Worldwide Corp. 0.2%

Value $440K (-74.0%) Shares 6,142 (-72.0%) Est. Cost $89.52 Unrealized —

CRM Salesforce.com Inc. 0.1%

Value $365K (-76.4%) Shares 2,332 (-71.9%) Est. Cost $230.41 Unrealized —

NOW ServiceNow Inc. 0.3%

Value $881K (-56.1%) Shares 8,871 (-53.8%) Est. Cost $155.38 Unrealized —

VRT Vertiv Holdings Co CL A 1.8%

Value $4.86M (+27.4%) Shares 14,516 (-4.6%) Est. Cost $148.16 Unrealized —

CVX Chevron Corp. 1.4%

Value $3.945M (-20.9%) Shares 23,802 (-1.2%) Est. Cost $129.83 Unrealized —

SHOP Shopify Inc. 0.5%

Value $1.272M (-43.6%) Shares 11,141 (-41.4%) Est. Cost $129.78 Unrealized —

TMUS T-Mobile US, Inc. 0.4%

Value $1.028M (-47.0%) Shares 6,129 (-33.7%) Est. Cost $124.85 Unrealized —

AAPL Apple Inc. 3.0%

Value $8.155M (+11.2%) Shares 28,184 (-2.5%) Est. Cost $118.25 Unrealized —

APP AppLovin Corporation 1.3%

Value $3.557M (+27.2%) Shares 6,903 (-1.7%) Est. Cost $472.28 Unrealized —

JPM JPMorgan Chase & Co. 2.4%

Value $6.565M (+9.4%) Shares 20,056 (-1.7%) Est. Cost $105.92 Unrealized —

AMAT Applied Materials 0.8%

Value $2.095M (+35.4%) Shares 2,898 (-36.0%) Est. Cost $168.44 Unrealized —

V Visa Inc. 1.8%

Value $5.05M (+11.8%) Shares 14,720 (-1.6%) Est. Cost $202.32 Unrealized —

SPOT Spotify Technology SA (Luxemborg) 0.1%

Value $360K (-56.0%) Shares 784 (-53.6%) Est. Cost $556.90 Unrealized —

SYK Stryker Corp. 1.1%

Value $3.124M (-11.9%) Shares 9,923 (-8.0%) Est. Cost $248.34 Unrealized —

RDDT Reddit, Inc. 0.7%

Value $1.964M (+19.9%) Shares 11,316 (-7.0%) Est. Cost $195.26 Unrealized —

BSAC Banco Santander (Chile) 0.6%

Value $1.597M (+21.1%) Shares 115,708 (-1.0%) Est. Cost $11.28 Unrealized —

HD Home Depot Inc. 1.6%

Value $4.386M (+5.9%) Shares 12,435 (-1.2%) Est. Cost $260.38 Unrealized —

ORLY O'Reilly Automotive Inc 0.3%

Value $800K (-22.5%) Shares 8,684 (-22.3%) Est. Cost $89.19 Unrealized —

FTNT Fortinet, Inc. 0.3%

Value $708K (+42.2%) Shares 4,607 (-24.4%) Est. Cost $52.94 Unrealized —

— Meta Platforms Inc (Facebook) 1.7%

Value $4.796M (-2.6%) Shares 8,514 (-1.1%) Est. Cost $572.13 Unrealized —

GOOG Alphabet Inc. Class C 0.6%

Value $1.555M (+8.3%) Shares 4,400 (-12.1%) Est. Cost $110.42 Unrealized —

— Waste Management Inc. 0.5%

Value $1.297M (-8.4%) Shares 5,818 (-5.6%) Est. Cost $229.79 Unrealized —

MSFT Microsoft Corp. 2.1%

Value $5.681M (-1.7%) Shares 15,230 (-2.4%) Est. Cost $218.19 Unrealized —

USB US Bancorp 0.8%

Value $2.158M (-2.7%) Shares 35,733 (-16.2%) Est. Cost $32.63 Unrealized —

TMO Thermo Fisher Scientific 0.2%

Value $529K (-9.0%) Shares 1,055 (-10.8%) Est. Cost $468.30 Unrealized —

IDXX IDEXX Laboratories Inc. 0.2%

Value $439K (-8.8%) Shares 833 (-2.7%) Est. Cost $449.40 Unrealized —

CASY Casey's General Stores, Inc. 1.9%

Value $5.326M (+0.3%) Shares 6,701 (-8.1%) Est. Cost $292.40 Unrealized —

PSA Public Storage (REIT) 0.2%

Value $444K (+1.7%) Shares 1,396 (-13.5%) Est. Cost $271.32 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMD	Advanced Micro Devices, Inc.	19,362 (-29.2%)	$11.25M (+102.2%)	4.1%	$86.23	—	COM	007903107
CRWD	CrowdStrike Holdings, Inc	13,467 (-7.8%)	$10.28M (+80.3%)	3.7%	$168.78	—	COM	22788C105
PANW	Palo Alto Networks Inc	25,328 (-4.0%)	$8.637M (+104.2%)	3.1%	$143.63	—	COM	697435105
ISRG	Intuitive Surgical	2,322 (-70.7%)	$923K (-74.7%)	0.3%	$330.70	—	COM	46120E602
HON	Honeywell Intl. Inc	11,764 (-47.7%)	$2.634M (-48.2%)	1.0%	$177.22	—	COM	438516106
NVDA	NVIDIA Corp.	107,475 (-2.7%)	$21.5M (+11.6%)	7.8%	$91.67	—	COM	67066G104
ANET	Arista Networks Inc.	48,092 (-4.0%)	$8.17M (+32.8%)	3.0%	$128.77	—	COM	040413205
SNOW	Snowflake Inc.	19,707 (-9.1%)	$5.015M (+53.4%)	1.8%	$184.35	—	COM	833445109
CAT	Caterpillar Inc.	5,102 (-2.8%)	$5.433M (+46.0%)	2.0%	$236.09	—	COM	149123101
GEV	GE Vernova Inc	5,661 (-1.1%)	$6.651M (+33.2%)	2.4%	$394.19	—	COM	36828A101
GE	GE Aerospace	18,548 (-2.0%)	$6.932M (+29.1%)	2.5%	$153.48	—	COM	369604301
HOOD	Robinhood Markets, Inc.	45,181 (-1.9%)	$4.531M (+42.0%)	1.6%	$77.72	—	COM	770700102
CMI	Cummins Inc.	8,690 (-4.1%)	$6.198M (+27.1%)	2.2%	$259.31	—	COM	231021106
OTIS	Otis Worldwide Corp.	6,142 (-72.0%)	$440K (-74.0%)	0.2%	$89.52	—	COM	68902V107
CRM	Salesforce.com Inc.	2,332 (-71.9%)	$365K (-76.4%)	0.1%	$230.41	—	COM	79466L302
NOW	ServiceNow Inc.	8,871 (-53.8%)	$881K (-56.1%)	0.3%	$155.38	—	COM	81762P102
VRT	Vertiv Holdings Co CL A	14,516 (-4.6%)	$4.86M (+27.4%)	1.8%	$148.16	—	COM	92537N108
CVX	Chevron Corp.	23,802 (-1.2%)	$3.945M (-20.9%)	1.4%	$129.83	—	COM	166764100
SHOP	Shopify Inc.	11,141 (-41.4%)	$1.272M (-43.6%)	0.5%	$129.78	—	COM	82509L107
TMUS	T-Mobile US, Inc.	6,129 (-33.7%)	$1.028M (-47.0%)	0.4%	$124.85	—	COM	872590104
AAPL	Apple Inc.	28,184 (-2.5%)	$8.155M (+11.2%)	3.0%	$118.25	—	COM	037833100
APP	AppLovin Corporation	6,903 (-1.7%)	$3.557M (+27.2%)	1.3%	$472.28	—	COM	03831W108
JPM	JPMorgan Chase & Co.	20,056 (-1.7%)	$6.565M (+9.4%)	2.4%	$105.92	—	COM	46625H100
AMAT	Applied Materials	2,898 (-36.0%)	$2.095M (+35.4%)	0.8%	$168.44	—	COM	038222105
V	Visa Inc.	14,720 (-1.6%)	$5.05M (+11.8%)	1.8%	$202.32	—	COM	92826C839
SPOT	Spotify Technology SA (Luxemborg)	784 (-53.6%)	$360K (-56.0%)	0.1%	$556.90	—	INTL	L8681T102
SYK	Stryker Corp.	9,923 (-8.0%)	$3.124M (-11.9%)	1.1%	$248.34	—	COM	863667101
RDDT	Reddit, Inc.	11,316 (-7.0%)	$1.964M (+19.9%)	0.7%	$195.26	—	COM	75734B100
BSAC	Banco Santander (Chile)	115,708 (-1.0%)	$1.597M (+21.1%)	0.6%	$11.28	—	INTL	05965X109
HD	Home Depot Inc.	12,435 (-1.2%)	$4.386M (+5.9%)	1.6%	$260.38	—	COM	437076102
ORLY	O'Reilly Automotive Inc	8,684 (-22.3%)	$800K (-22.5%)	0.3%	$89.19	—	COM	67103H107
FTNT	Fortinet, Inc.	4,607 (-24.4%)	$708K (+42.2%)	0.3%	$52.94	—	COM	34959E109
—	Meta Platforms Inc (Facebook)	8,514 (-1.1%)	$4.796M (-2.6%)	1.7%	$572.13	—	COM	30303m102
GOOG	Alphabet Inc. Class C	4,400 (-12.1%)	$1.555M (+8.3%)	0.6%	$110.42	—	COM	02079K107
—	Waste Management Inc.	5,818 (-5.6%)	$1.297M (-8.4%)	0.5%	$229.79	—	COM	94106l109
MSFT	Microsoft Corp.	15,230 (-2.4%)	$5.681M (-1.7%)	2.1%	$218.19	—	COM	594918104
USB	US Bancorp	35,733 (-16.2%)	$2.158M (-2.7%)	0.8%	$32.63	—	COM	902973304
TMO	Thermo Fisher Scientific	1,055 (-10.8%)	$529K (-9.0%)	0.2%	$468.30	—	COM	883556102
IDXX	IDEXX Laboratories Inc.	833 (-2.7%)	$439K (-8.8%)	0.2%	$449.40	—	COM	45168D104
CASY	Casey's General Stores, Inc.	6,701 (-8.1%)	$5.326M (+0.3%)	1.9%	$292.40	—	COM	147528103
PSA	Public Storage (REIT)	1,396 (-13.5%)	$444K (+1.7%)	0.2%	$271.32	—	COM	74460D109

Unchanged Positions (5)

AMZN Amazon Inc. 2.5%

Value $6.868M Shares 28,816 Est. Cost $134.87 Unrealized —

GS Goldman Sachs Group Inc. 2.0%

Value $5.457M Shares 5,396 Est. Cost $598.26 Unrealized —

COST Costco Wholesale Inc. 1.9%

Value $5.294M Shares 5,659 Est. Cost $356.95 Unrealized —

MA Mastercard Inc. 1.6%

Value $4.398M Shares 8,563 Est. Cost $339.69 Unrealized —

AEP American Electric Power 0.4%

Value $1.149M Shares 8,401 Est. Cost $120.54 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	Amazon Inc.	28,816	$6.868M	2.5%	$134.87	—	COM	023135106
GS	Goldman Sachs Group Inc.	5,396	$5.457M	2.0%	$598.26	—	COM	38141G104
COST	Costco Wholesale Inc.	5,659	$5.294M	1.9%	$356.95	—	COM	22160K105
MA	Mastercard Inc.	8,563	$4.398M	1.6%	$339.69	—	COM	57636Q104
AEP	American Electric Power	8,401	$1.149M	0.4%	$120.54	—	COM	025537101