Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	Alphabet cl. A	39,400 (+33.1%)	$14.08M (+65.4%)	8.2%	$204.38	—	COM	02079K305
NVDA	Nvidia	46,900 (+34.8%)	$9.384M (+54.6%)	5.5%	$127.03	—	COM	67066G104
MSFT	Microsoft	18,800 (+19.0%)	$7.013M (+19.9%)	4.1%	$307.65	—	COM	594918104
DBX	Dropbox	135,900 (+15.8%)	$3.733M (+40.0%)	2.2%	$25.13	—	COM	26210C104
IQV	Iqvia Holdings	20,400 (+20.7%)	$3.942M (+36.8%)	2.3%	$196.14	—	COM	46266C105
CPAY	Corpay	11,200 (+17.9%)	$3.733M (+35.0%)	2.2%	$298.14	—	COM	219948106
VRTX	Vertex Pharmaceutical	7,500 (+13.6%)	$3.725M (+26.4%)	2.2%	$367.14	—	COM	92532F100
CDW	CDW	27,100 (+7.1%)	$3.811M (+24.5%)	2.2%	$162.86	—	COM	12514G108
RGA	Reinsurance Group of America	18,200 (+19.0%)	$3.87M (+23.9%)	2.3%	$169.49	—	COM	759351604
MSI	Motorola Solutions	8,900 (+25.4%)	$3.696M (+20.0%)	2.2%	$316.03	—	COM	620076307
PATH	UiPath	285,600 (+26.1%)	$3.104M (+23.5%)	1.8%	$15.51	—	COM	90364P105
GAP	Gap	181,100 (+56.7%)	$3.383M (+20.9%)	2.0%	$20.81	—	COM	364760108
ITRI	Itron	41,900 (+22.9%)	$3.626M (+18.6%)	2.1%	$101.01	—	COM	465741106
HCA	HCA Healthcare	9,600 (+39.1%)	$3.743M (+14.6%)	2.2%	$331.53	—	COM	40412C101
MCK	McKesson	4,600 (+27.8%)	$3.476M (+11.6%)	2.0%	$596.78	—	COM	58155Q103
BFAM	Bright Horizons Family Sol.	46,800 (+29.3%)	$3.317M (+11.6%)	1.9%	$108.87	—	COM	109194100
CRM	Salesforce	21,800 (+32.1%)	$3.415M (+10.9%)	2.0%	$226.51	—	COM	79466L302
BKR	Baker Hughes	62,500 (+20.2%)	$3.469M (+9.3%)	2.0%	$39.09	—	COM	05722G100
TMUS	T-Mobile US	20,500 (+36.7%)	$3.438M (+9.1%)	2.0%	$161.13	—	COM	872590104
WM	Waste Management	16,300 (+11.6%)	$3.633M (+8.3%)	2.1%	$174.01	—	COM	94106L109
NXT	Nextpower	26,200 (+8.3%)	$3.121M (+7.0%)	1.8%	$56.83	—	COM	65290E101
NDAQ	Nasdaq	42,600 (+13.6%)	$3.358M (+5.5%)	2.0%	$90.54	—	COM	631103108
EOG	EOG Resources	24,000 (+17.6%)	$3.114M (+5.6%)	1.8%	$113.98	—	COM	26875P101
HII	Huntington Ingalls Industries	11,200 (+41.8%)	$3.135M (+4.5%)	1.8%	$300.78	—	COM	446413106
PFE	Pfizer	138,200 (+18.4%)	$3.328M (+1.6%)	1.9%	$25.57	—	COM	717081103

Exited Positions (3)

RJF Raymond James Financial 1.7%

Value $2.968M Shares 20,500 Est. Cost $105.50 Unrealized —

DG Dollar General 1.7%

Value $2.945M Shares 24,800 Est. Cost $114.14 Unrealized —

PSTG Everpure 1.4%

Value $2.409M Shares 40,800 Est. Cost $52.42 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
RJF	Raymond James Financial	20,500	$2.968M	1.7%	$105.50	—	—	754730109
DG	Dollar General	24,800	$2.945M	1.7%	$114.14	—	—	256677105
PSTG	Everpure	40,800	$2.409M	1.4%	$52.42	—	—	74624M102

Decreased Positions (11)

TENB Tenable Hldgs 1.9%

Value $3.327M (+32.2%) Shares 90,200 (-39.4%) Est. Cost $33.03 Unrealized —

LLY Eli Lilly 2.1%

Value $3.598M (+22.3%) Shares 3,000 (-6.3%) Est. Cost $525.47 Unrealized —

ATI ATI 1.9%

Value $3.311M (+14.4%) Shares 16,800 (-15.6%) Est. Cost $63.16 Unrealized —

VRT Vertiv Hldgs 1.8%

Value $3.08M (+11.8%) Shares 9,200 (-16.4%) Est. Cost $88.82 Unrealized —

FLEX Flex 2.0%

Value $3.371M (+9.8%) Shares 20,800 (-55.7%) Est. Cost $20.37 Unrealized —

INTC Intel 1.7%

Value $2.904M (+11.4%) Shares 20,800 (-64.8%) Est. Cost $27.38 Unrealized —

ON Onsemi 1.9%

Value $3.224M (+8.7%) Shares 34,100 (-28.8%) Est. Cost $62.59 Unrealized —

NUE Nucor 2.0%

Value $3.386M (+7.1%) Shares 15,200 (-18.7%) Est. Cost $140.51 Unrealized —

AVGO Broadcom 3.6%

Value $6.157M (+3.6%) Shares 16,300 (-15.1%) Est. Cost $209.34 Unrealized —

JAZZ Jazz Pharmaceuticals 2.0%

Value $3.47M (+6.1%) Shares 14,400 (-16.8%) Est. Cost $123.43 Unrealized —

MS Morgan Stanley 1.9%

Value $3.345M (+5.9%) Shares 16,000 (-16.7%) Est. Cost $125.91 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TENB	Tenable Hldgs	90,200 (-39.4%)	$3.327M (+32.2%)	1.9%	$33.03	—	COM	88025T102
LLY	Eli Lilly	3,000 (-6.3%)	$3.598M (+22.3%)	2.1%	$525.47	—	COM	532457108
ATI	ATI	16,800 (-15.6%)	$3.311M (+14.4%)	1.9%	$63.16	—	COM	01741R102
VRT	Vertiv Hldgs	9,200 (-16.4%)	$3.08M (+11.8%)	1.8%	$88.82	—	COM	92537N108
FLEX	Flex	20,800 (-55.7%)	$3.371M (+9.8%)	2.0%	$20.37	—	COM	Y2573F102
INTC	Intel	20,800 (-64.8%)	$2.904M (+11.4%)	1.7%	$27.38	—	COM	458140100
ON	Onsemi	34,100 (-28.8%)	$3.224M (+8.7%)	1.9%	$62.59	—	COM	682189105
NUE	Nucor	15,200 (-18.7%)	$3.386M (+7.1%)	2.0%	$140.51	—	COM	670346105
AVGO	Broadcom	16,300 (-15.1%)	$6.157M (+3.6%)	3.6%	$209.34	—	COM	11135F101
JAZZ	Jazz Pharmaceuticals	14,400 (-16.8%)	$3.47M (+6.1%)	2.0%	$123.43	—	COM	G50871105
MS	Morgan Stanley	16,000 (-16.7%)	$3.345M (+5.9%)	1.9%	$125.91	—	COM	617446448

Unchanged Positions (5)

AAPL Apple 4.0%

Value $6.945M Shares 24,000 Est. Cost $157.95 Unrealized —

BK BNY Mellon 2.4%

Value $4.049M Shares 28,000 Est. Cost $44.31 Unrealized —

AMZN Amazon 2.1%

Value $3.551M Shares 14,900 Est. Cost $113.06 Unrealized —

PINS Pinterest 1.8%

Value $3.121M Shares 148,400 Est. Cost $29.11 Unrealized —

BURL Burlington Stores 1.9%

Value $3.295M Shares 10,400 Est. Cost $187.28 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	Apple	24,000	$6.945M	4.0%	$157.95	—	COM	037833100
BK	BNY Mellon	28,000	$4.049M	2.4%	$44.31	—	COM	064058100
AMZN	Amazon	14,900	$3.551M	2.1%	$113.06	—	COM	023135106
PINS	Pinterest	148,400	$3.121M	1.8%	$29.11	—	COM	72352L106
BURL	Burlington Stores	10,400	$3.295M	1.9%	$187.28	—	COM	122017106