Marathon Asset Management Ltd Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TIGO	Millicom Intl Cellular - SDR	1,101,022 (+11.8%)	$61,074 (+27.8%)	2.3%	$44.57	+13.0%	COMMON	L6388F110
SPGI	S&P Global Inc	59,026 (+20.0%)	$30,847 (+28.9%)	1.2%	$442.54	+11.7%	COMMON	78409V104
HDB	HDFC Bank Limited	973,218 (+10.7%)	$35,561 (+18.4%)	1.4%	$53.78	—	COMMON	40415F101
BN	Brookfield Asset Manage-CL A	1,962,979 (+41.1%)	$90,249 (-5.4%)	3.5%	$28.80	+58.2%	COMMON	11271J107
CPA	COPA Holdings SA-Class A	409,572 (+9.3%)	$49,398 (+11.0%)	1.9%	$71.21	+70.3%	COMMON	P31076105
TFX	Teleflex Inc	102,894 (+58.8%)	$12,557 (+58.4%)	0.5%	$245.42	-50.7%	COMMON	879369106
PGR	Progressive Corp	154,309 (+5.1%)	$35,140 (-3.1%)	1.4%	$96.49	+120.1%	COMMON	743315103
SW	Smurfit Westrock Plc	266,831 (+9.6%)	$10,318 (-0.4%)	0.4%	$44.43	-14.2%	COMMON	G8267P108

Exited Positions (2)

LASR NLIGHT INC 0.4%

Value ($000) $10,849 Shares 366,148 Est. Cost $10.32 Unrealized +223.5%

KMX CARMAX INC 0.2%

Value ($000) $4,359 Shares 97,155 Est. Cost $105.51 Unrealized -62.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LASR	NLIGHT INC	366,148	$10,849	0.4%	$10.32	+223.5%	—	65487K100
KMX	CARMAX INC	97,155	$4,359	0.2%	$105.51	-62.1%	—	143130102

Decreased Positions (66)

TME Tencent Music Ent - Class A 1.6%

Value ($000) $40,414 (-39.6%) Shares 2,305,413 (-19.5%) Est. Cost $14.41 Unrealized —

CNH CNH Industrial NV 4.2%

Value ($000) $109,877 (-18.8%) Shares 11,917,195 (-4.5%) Est. Cost $10.52 Unrealized -5.1%

ORCL Oracle Corp 1.1%

Value ($000) $28,228 (-41.8%) Shares 144,824 (-16.1%) Est. Cost $85.81 Unrealized +177.4%

GOOGL Alphabet Inc. - Class A 4.2%

Value ($000) $107,963 (+17.6%) Shares 344,933 (-8.6%) Est. Cost $113.39 Unrealized +151.9%

PAYC Paycom Software Inc 1.3%

Value ($000) $32,695 (-29.4%) Shares 205,170 (-7.8%) Est. Cost $236.21 Unrealized -25.1%

MSFT Microsoft Corp 3.2%

Value ($000) $82,111 (-14.2%) Shares 169,785 (-8.1%) Est. Cost $313.41 Unrealized +59.7%

META Meta Platforms Inc 2.4%

Value ($000) $63,357 (-16.9%) Shares 95,985 (-7.5%) Est. Cost $301.33 Unrealized +121.5%

SCCO Southern Copper Corp 3.6%

Value ($000) $92,808 (+13.8%) Shares 646,882 (-3.7%) Est. Cost $50.79 Unrealized +161.4%

CX Cemex Sab de CV 2.2%

Value ($000) $57,112 (+21.2%) Shares 4,970,608 (-5.2%) Est. Cost $8.04 Unrealized —

VIPS Vipshop Holdings Ltd 2.0%

Value ($000) $52,054 (-14.9%) Shares 2,942,551 (-5.5%) Est. Cost $11.25 Unrealized —

FNV Franco-Nevada Corp 2.3%

Value ($000) $59,930 (-12.2%) Shares 288,741 (-5.9%) Est. Cost $127.98 Unrealized +58.5%

MU Micron Technology Inc 2.0%

Value ($000) $52,429 (+14.9%) Shares 183,641 (-32.6%) Est. Cost $81.97 Unrealized +179.8%

GOOG Alphabet Inc. - Class A 0.3%

Value ($000) $7,748 (-43.5%) Shares 24,692 (-56.2%) Est. Cost $113.24 Unrealized +152.9%

NVDA NVIDIA Corp 2.2%

Value ($000) $58,047 (-9.1%) Shares 311,243 (-9.0%) Est. Cost $126.71 Unrealized +46.9%

BNS Bank of Nova Scotia 3.1%

Value ($000) $80,811 (+7.5%) Shares 1,094,126 (-5.9%) Est. Cost $48.15 Unrealized +41.2%

IBKR Interactive Brokers GRO-CL A 1.2%

Value ($000) $30,705 (-15.0%) Shares 477,442 (-9.0%) Est. Cost $42.78 Unrealized +56.4%

ADSK Autodesk Inc 1.0%

Value ($000) $27,005 (-15.2%) Shares 91,230 (-9.0%) Est. Cost $217.04 Unrealized +39.4%

TMO Thermo Fisher Scientific Inc 1.9%

Value ($000) $49,602 (+10.1%) Shares 85,546 (-7.8%) Est. Cost $526.47 Unrealized +7.3%

ALGN Align Technology Inc 1.1%

Value ($000) $27,574 (+15.1%) Shares 176,586 (-7.7%) Est. Cost $247.86 Unrealized -42.2%

AMZN Amazon.com Inc 4.5%

Value ($000) $116,930 (+3.0%) Shares 506,735 (-2.1%) Est. Cost $183.15 Unrealized +24.9%

CCEP Coca-Cola Europacific Partners plc 3.9%

Value ($000) $102,235 (-3.0%) Shares 1,127,175 (-3.3%) Est. Cost $52.07 Unrealized +72.1%

MA Mastercard Inc - Class A 1.5%

Value ($000) $38,444 (-7.3%) Shares 67,456 (-7.5%) Est. Cost $340.07 Unrealized +64.4%

LYB Lyondellbasell Indu-CL A 0.5%

Value ($000) $13,179 (-18.3%) Shares 304,367 (-7.5%) Est. Cost $63.26 Unrealized -29.7%

AL Air Lease Corp 0.4%

Value ($000) $11,298 (-20.3%) Shares 175,295 (-21.0%) Est. Cost $41.38 Unrealized +53.9%

CP Canadian Pacific Kansas City 1.5%

Value ($000) $39,079 (-6.8%) Shares 528,966 (-5.9%) Est. Cost $77.51 Unrealized -5.0%

LAUR Laureate Education Inc 2.0%

Value ($000) $50,776 (+5.5%) Shares 1,508,050 (-1.2%) Est. Cost $15.23 Unrealized +102.6%

BAM Brookfield Asset Mgmt-A-W/I 0.7%

Value ($000) $17,103 (-13.3%) Shares 326,021 (-5.9%) Est. Cost $27.10 Unrealized +97.3%

MTN Vail Resorts Inc 0.5%

Value ($000) $11,775 (-18.1%) Shares 87,443 (-9.0%) Est. Cost $174.72 Unrealized -15.8%

DLTR Dollar Tree Inc 0.6%

Value ($000) $16,091 (+18.8%) Shares 130,810 (-8.9%) Est. Cost $119.60 Unrealized -10.4%

TRU Transunion 1.7%

Value ($000) $45,254 (-5.3%) Shares 527,752 (-7.5%) Est. Cost $69.00 Unrealized +19.0%

CME CME Group Inc 1.1%

Value ($000) $28,857 (-8.1%) Shares 105,672 (-9.1%) Est. Cost $176.75 Unrealized +53.2%

V Visa Inc Class A 1.7%

Value ($000) $45,338 (-4.9%) Shares 129,271 (-7.5%) Est. Cost $221.68 Unrealized +53.5%

FCX Freeport-McMoran Copper 0.5%

Value ($000) $12,124 (+24.0%) Shares 238,706 (-4.3%) Est. Cost $35.78 Unrealized +21.0%

IQV Iqvia Holdings Inc 1.0%

Value ($000) $26,729 (+9.5%) Shares 118,577 (-7.7%) Est. Cost $241.19 Unrealized -9.8%

TDC Teradata Corp 0.4%

Value ($000) $9,324 (+28.9%) Shares 306,300 (-8.9%) Est. Cost $42.83 Unrealized -38.9%

BKNG Booking Holdings Inc. 0.8%

Value ($000) $22,021 (-8.3%) Shares 4,112 (-7.6%) Est. Cost $2206.84 Unrealized +132.8%

BKR Baker Hughes Co 0.4%

Value ($000) $11,020 (-14.8%) Shares 241,979 (-8.9%) Est. Cost $22.63 Unrealized +109.2%

MKL Markel Corp 1.9%

Value ($000) $49,412 (+3.9%) Shares 22,986 (-7.6%) Est. Cost $1233.06 Unrealized +64.3%

VNT Vontier Corp 0.3%

Value ($000) $7,705 (-19.3%) Shares 207,242 (-8.9%) Est. Cost $30.02 Unrealized +27.5%

OPLN Kar Auction Services Inc 1.1%

Value ($000) $28,992 (-5.7%) Shares 973,566 (-8.9%) Est. Cost $15.33 Unrealized +76.4%

WSC Willscot Holdings Corp 0.3%

Value ($000) $7,247 (-18.8%) Shares 384,873 (-9.0%) Est. Cost $35.15 Unrealized -42.6%

ADM Archer-Daniels-Midland Co. 0.4%

Value ($000) $11,279 (-12.3%) Shares 196,188 (-8.9%) Est. Cost $53.48 Unrealized +11.2%

COKE Coca-Cola Consolidated Inc 0.3%

Value ($000) $8,902 (+19.3%) Shares 58,068 (-8.9%) Est. Cost $114.06 Unrealized +28.3%

CHRW C H Robinson Worldwide Inc 0.6%

Value ($000) $15,070 (+10.4%) Shares 93,425 (-8.9%) Est. Cost $79.38 Unrealized +85.6%

FLUT Paddy Power Plc 0.2%

Value ($000) $4,965 (-21.8%) Shares 23,089 (-7.6%) Est. Cost $207.59 Unrealized +8.3%

B Barrick Gold Corp 0.2%

Value ($000) $6,324 (+27.1%) Shares 145,214 (-4.4%) Est. Cost $19.29 Unrealized +94.0%

DFIN Donnelley Financial Solution 0.2%

Value ($000) $6,358 (-17.3%) Shares 136,182 (-8.9%) Est. Cost $43.46 Unrealized +11.3%

NEM Newmont Corp 0.6%

Value ($000) $15,878 (+7.8%) Shares 159,017 (-9.0%) Est. Cost $47.39 Unrealized +90.3%

WY Weyerhaeuser Co 0.3%

Value ($000) $6,648 (-14.3%) Shares 280,608 (-10.4%) Est. Cost $31.98 Unrealized -28.1%

GIL Gildan Activewear Inc 1.8%

Value ($000) $46,620 (+2.0%) Shares 744,881 (-5.9%) Est. Cost $32.92 Unrealized +80.6%

SEE Sealed Air Corp 0.5%

Value ($000) $13,729 (+6.8%) Shares 331,385 (-8.9%) Est. Cost $43.41 Unrealized -11.2%

WCC Wesco International Inc 0.5%

Value ($000) $12,822 (+5.4%) Shares 52,418 (-8.9%) Est. Cost $160.18 Unrealized +52.9%

TJX TJX Companies Inc 0.7%

Value ($000) $17,541 (-3.2%) Shares 114,191 (-8.9%) Est. Cost $65.39 Unrealized +125.9%

HCSG Healthcare Services Group 0.6%

Value ($000) $16,375 (+3.5%) Shares 856,431 (-8.9%) Est. Cost $17.43 Unrealized +3.2%

HSIC Henry Schein Inc 0.5%

Value ($000) $11,841 (+3.8%) Shares 156,665 (-8.9%) Est. Cost $75.47 Unrealized -6.8%

NVST Envista Holdings Corp 0.5%

Value ($000) $13,840 (-2.9%) Shares 637,484 (-8.9%) Est. Cost $22.67 Unrealized -9.5%

ROG Rogers Corp 0.4%

Value ($000) $10,789 (+3.7%) Shares 117,826 (-8.9%) Est. Cost $114.85 Unrealized -25.2%

TSM Taiwan Semiconductor Manufacturing Co Ltd 0.5%

Value ($000) $13,260 (-2.8%) Shares 43,543 (-10.6%) Est. Cost $113.88 Unrealized —

FCN FTI Consulting Inc 0.3%

Value ($000) $8,837 (-3.8%) Shares 51,731 (-9.0%) Est. Cost $140.63 Unrealized +17.2%

ATS ATS CN 1.2%

Value ($000) $30,278 (-0.8%) Shares 1,097,711 (-5.9%) Est. Cost $27.39 Unrealized -2.5%

AXTA Axalta Coating Systems Ltd 0.3%

Value ($000) $8,184 (+2.9%) Shares 253,293 (-8.9%) Est. Cost $31.41 Unrealized -6.6%

BIO Bio-Rad Laboratories-A 0.6%

Value ($000) $14,329 (-1.6%) Shares 47,292 (-8.9%) Est. Cost $328.84 Unrealized -5.1%

WFC Wells Fargo 0.4%

Value ($000) $9,322 (+1.3%) Shares 100,021 (-8.9%) Est. Cost $41.59 Unrealized +108.3%

ELV Elevance Health Inc 3.3%

Value ($000) $86,519 (+0.1%) Shares 246,811 (-7.7%) Est. Cost $405.97 Unrealized -17.1%

CNQ Canadian Natural Resources 2.1%

Value ($000) $54,938 (+0.2%) Shares 1,600,148 (-5.4%) Est. Cost $22.41 Unrealized +44.7%

RPRX Royalty Pharma Plc-CL A 0.6%

Value ($000) $15,001 (-0.2%) Shares 388,226 (-8.9%) Est. Cost $37.45 Unrealized +1.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TME	Tencent Music Ent - Class A	2,305,413 (-19.5%)	$40,414 (-39.6%)	1.6%	$14.41	—	COMMON	88034P109
CNH	CNH Industrial NV	11,917,195 (-4.5%)	$109,877 (-18.8%)	4.2%	$10.52	-5.1%	COMMON	N20944109
ORCL	Oracle Corp	144,824 (-16.1%)	$28,228 (-41.8%)	1.1%	$85.81	+177.4%	COMMON	68389X105
GOOGL	Alphabet Inc. - Class A	344,933 (-8.6%)	$107,963 (+17.6%)	4.2%	$113.39	+151.9%	COMMON	02079K305
PAYC	Paycom Software Inc	205,170 (-7.8%)	$32,695 (-29.4%)	1.3%	$236.21	-25.1%	COMMON	70432V102
MSFT	Microsoft Corp	169,785 (-8.1%)	$82,111 (-14.2%)	3.2%	$313.41	+59.7%	COMMON	594918104
META	Meta Platforms Inc	95,985 (-7.5%)	$63,357 (-16.9%)	2.4%	$301.33	+121.5%	COMMON	30303M102
SCCO	Southern Copper Corp	646,882 (-3.7%)	$92,808 (+13.8%)	3.6%	$50.79	+161.4%	COMMON	84265V105
CX	Cemex Sab de CV	4,970,608 (-5.2%)	$57,112 (+21.2%)	2.2%	$8.04	—	COMMON	151290889
VIPS	Vipshop Holdings Ltd	2,942,551 (-5.5%)	$52,054 (-14.9%)	2.0%	$11.25	—	COMMON	92763W103
FNV	Franco-Nevada Corp	288,741 (-5.9%)	$59,930 (-12.2%)	2.3%	$127.98	+58.5%	COMMON	351858105
MU	Micron Technology Inc	183,641 (-32.6%)	$52,429 (+14.9%)	2.0%	$81.97	+179.8%	COMMON	595112103
GOOG	Alphabet Inc. - Class A	24,692 (-56.2%)	$7,748 (-43.5%)	0.3%	$113.24	+152.9%	COMMON	02079K107
NVDA	NVIDIA Corp	311,243 (-9.0%)	$58,047 (-9.1%)	2.2%	$126.71	+46.9%	COMMON	67066G104
BNS	Bank of Nova Scotia	1,094,126 (-5.9%)	$80,811 (+7.5%)	3.1%	$48.15	+41.2%	COMMON	064149107
IBKR	Interactive Brokers GRO-CL A	477,442 (-9.0%)	$30,705 (-15.0%)	1.2%	$42.78	+56.4%	COMMON	45841N107
ADSK	Autodesk Inc	91,230 (-9.0%)	$27,005 (-15.2%)	1.0%	$217.04	+39.4%	COMMON	052769106
TMO	Thermo Fisher Scientific Inc	85,546 (-7.8%)	$49,602 (+10.1%)	1.9%	$526.47	+7.3%	COMMON	883556102
ALGN	Align Technology Inc	176,586 (-7.7%)	$27,574 (+15.1%)	1.1%	$247.86	-42.2%	COMMON	016255101
AMZN	Amazon.com Inc	506,735 (-2.1%)	$116,930 (+3.0%)	4.5%	$183.15	+24.9%	COMMON	023135106
CCEP	Coca-Cola Europacific Partners plc	1,127,175 (-3.3%)	$102,235 (-3.0%)	3.9%	$52.07	+72.1%	COMMON	G25839104
MA	Mastercard Inc - Class A	67,456 (-7.5%)	$38,444 (-7.3%)	1.5%	$340.07	+64.4%	COMMON	57636Q104
LYB	Lyondellbasell Indu-CL A	304,367 (-7.5%)	$13,179 (-18.3%)	0.5%	$63.26	-29.7%	COMMON	N53745100
AL	Air Lease Corp	175,295 (-21.0%)	$11,298 (-20.3%)	0.4%	$41.38	+53.9%	COMMON	00912X302
CP	Canadian Pacific Kansas City	528,966 (-5.9%)	$39,079 (-6.8%)	1.5%	$77.51	-5.0%	COMMON	13646K108
LAUR	Laureate Education Inc	1,508,050 (-1.2%)	$50,776 (+5.5%)	2.0%	$15.23	+102.6%	COMMON	518613203
BAM	Brookfield Asset Mgmt-A-W/I	326,021 (-5.9%)	$17,103 (-13.3%)	0.7%	$27.10	+97.3%	COMMON	113004105
MTN	Vail Resorts Inc	87,443 (-9.0%)	$11,775 (-18.1%)	0.5%	$174.72	-15.8%	COMMON	91879Q109
DLTR	Dollar Tree Inc	130,810 (-8.9%)	$16,091 (+18.8%)	0.6%	$119.60	-10.4%	COMMON	256746108
TRU	Transunion	527,752 (-7.5%)	$45,254 (-5.3%)	1.7%	$69.00	+19.0%	COMMON	89400J107
CME	CME Group Inc	105,672 (-9.1%)	$28,857 (-8.1%)	1.1%	$176.75	+53.2%	COMMON	12572Q105
V	Visa Inc Class A	129,271 (-7.5%)	$45,338 (-4.9%)	1.7%	$221.68	+53.5%	COMMON	92826C839
FCX	Freeport-McMoran Copper	238,706 (-4.3%)	$12,124 (+24.0%)	0.5%	$35.78	+21.0%	COMMON	35671D857
IQV	Iqvia Holdings Inc	118,577 (-7.7%)	$26,729 (+9.5%)	1.0%	$241.19	-9.8%	COMMON	46266C105
TDC	Teradata Corp	306,300 (-8.9%)	$9,324 (+28.9%)	0.4%	$42.83	-38.9%	COMMON	88076W103
BKNG	Booking Holdings Inc.	4,112 (-7.6%)	$22,021 (-8.3%)	0.8%	$2206.84	+132.8%	COMMON	09857L108
BKR	Baker Hughes Co	241,979 (-8.9%)	$11,020 (-14.8%)	0.4%	$22.63	+109.2%	COMMON	05722G100
MKL	Markel Corp	22,986 (-7.6%)	$49,412 (+3.9%)	1.9%	$1233.06	+64.3%	COMMON	570535104
VNT	Vontier Corp	207,242 (-8.9%)	$7,705 (-19.3%)	0.3%	$30.02	+27.5%	COMMON	928881101
OPLN	Kar Auction Services Inc	973,566 (-8.9%)	$28,992 (-5.7%)	1.1%	$15.33	+76.4%	COMMON	48238T109
WSC	Willscot Holdings Corp	384,873 (-9.0%)	$7,247 (-18.8%)	0.3%	$35.15	-42.6%	COMMON	971378104
ADM	Archer-Daniels-Midland Co.	196,188 (-8.9%)	$11,279 (-12.3%)	0.4%	$53.48	+11.2%	COMMON	039483102
COKE	Coca-Cola Consolidated Inc	58,068 (-8.9%)	$8,902 (+19.3%)	0.3%	$114.06	+28.3%	COMMON	191098102
CHRW	C H Robinson Worldwide Inc	93,425 (-8.9%)	$15,070 (+10.4%)	0.6%	$79.38	+85.6%	COMMON	12541W209
FLUT	Paddy Power Plc	23,089 (-7.6%)	$4,965 (-21.8%)	0.2%	$207.59	+8.3%	COMMON	G3643J108
B	Barrick Gold Corp	145,214 (-4.4%)	$6,324 (+27.1%)	0.2%	$19.29	+94.0%	COMMON	06849F108
DFIN	Donnelley Financial Solution	136,182 (-8.9%)	$6,358 (-17.3%)	0.2%	$43.46	+11.3%	COMMON	25787G100
NEM	Newmont Corp	159,017 (-9.0%)	$15,878 (+7.8%)	0.6%	$47.39	+90.3%	COMMON	651639106
WY	Weyerhaeuser Co	280,608 (-10.4%)	$6,648 (-14.3%)	0.3%	$31.98	-28.1%	COMMON	962166104
GIL	Gildan Activewear Inc	744,881 (-5.9%)	$46,620 (+2.0%)	1.8%	$32.92	+80.6%	COMMON	375916103
SEE	Sealed Air Corp	331,385 (-8.9%)	$13,729 (+6.8%)	0.5%	$43.41	-11.2%	COMMON	81211K100
WCC	Wesco International Inc	52,418 (-8.9%)	$12,822 (+5.4%)	0.5%	$160.18	+52.9%	COMMON	95082P105
TJX	TJX Companies Inc	114,191 (-8.9%)	$17,541 (-3.2%)	0.7%	$65.39	+125.9%	COMMON	872540109
HCSG	Healthcare Services Group	856,431 (-8.9%)	$16,375 (+3.5%)	0.6%	$17.43	+3.2%	COMMON	421906108
HSIC	Henry Schein Inc	156,665 (-8.9%)	$11,841 (+3.8%)	0.5%	$75.47	-6.8%	COMMON	806407102
NVST	Envista Holdings Corp	637,484 (-8.9%)	$13,840 (-2.9%)	0.5%	$22.67	-9.5%	COMMON	29415F104
ROG	Rogers Corp	117,826 (-8.9%)	$10,789 (+3.7%)	0.4%	$114.85	-25.2%	COMMON	775133101
TSM	Taiwan Semiconductor Manufacturing Co Ltd	43,543 (-10.6%)	$13,260 (-2.8%)	0.5%	$113.88	—	COMMON	874039100
FCN	FTI Consulting Inc	51,731 (-9.0%)	$8,837 (-3.8%)	0.3%	$140.63	+17.2%	COMMON	302941109
ATS	ATS CN	1,097,711 (-5.9%)	$30,278 (-0.8%)	1.2%	$27.39	-2.5%	COMMON	00217Y104
AXTA	Axalta Coating Systems Ltd	253,293 (-8.9%)	$8,184 (+2.9%)	0.3%	$31.41	-6.6%	COMMON	G0750C108
BIO	Bio-Rad Laboratories-A	47,292 (-8.9%)	$14,329 (-1.6%)	0.6%	$328.84	-5.1%	COMMON	090572207
WFC	Wells Fargo	100,021 (-8.9%)	$9,322 (+1.3%)	0.4%	$41.59	+108.3%	COMMON	949746101
ELV	Elevance Health Inc	246,811 (-7.7%)	$86,519 (+0.1%)	3.3%	$405.97	-17.1%	COMMON	036752103
CNQ	Canadian Natural Resources	1,600,148 (-5.4%)	$54,938 (+0.2%)	2.1%	$22.41	+44.7%	COMMON	136385101
RPRX	Royalty Pharma Plc-CL A	388,226 (-8.9%)	$15,001 (-0.2%)	0.6%	$37.45	+1.8%	COMMON	G7709Q104

Unchanged Positions (2)

FISV Fiserv Inc 1.2%

Value ($000) $32,049 Shares 477,139 Est. Cost $118.49 Unrealized -29.2%

INMD Inmode Ltd 0.1%

Value ($000) $2,751 Shares 187,259 Est. Cost $33.22 Unrealized -55.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FISV	Fiserv Inc	477,139	$32,049	1.2%	$118.49	-29.2%	COMMON	337738108
INMD	Inmode Ltd	187,259	$2,751	0.1%	$33.22	-55.7%	COMMON	M5425M103