Katamaran Capital LLP Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD INCORPORATED	10,418	$5,947	4.5%	$558.95	0.0%	CL A	57636Q104
PODD	INSULET CORP	18,260	$5,190	3.9%	$312.66	0.0%	COM	45784P101
VZ	VERIZON COMMUNICATIONS INC	113,023	$4,603	3.5%	$40.48	0.0%	COM	92343V104
SHOP	SHOPIFY INC	21,111	$3,398	2.6%	$160.56	0.0%	CL A SUB VTG SHS	82509L107
ROKU	ROKU INC	27,546	$2,988	2.3%	$101.49	0.0%	COM CL A	77543R102
APH	AMPHENOL CORP NEW	21,084	$2,849	2.2%	$133.54	0.0%	CL A	032095101
MTSI	MACOM TECH SOLUTIONS HLDGS I	16,295	$2,791	2.1%	$158.72	0.0%	COM	55405Y100
CSGP	COSTAR GROUP INC	36,651	$2,464	1.9%	$70.84	0.0%	COM	22160N109
AMKR	AMKOR TECHNOLOGY INC	57,959	$2,288	1.7%	$35.54	0.0%	COM	031652100
NVT	NVENT ELECTRIC PLC	21,290	$2,171	1.6%	$103.61	0.0%	SHS	G6700G107
SNDK	SANDISK CORP	7,581	$1,800	1.4%	$200.29	0.0%	COM	80004C200
FROG	JFROG LTD	14,317	$894	0.7%	$56.87	0.0%	ORD SHS	M6191J100
RKLB	ROCKET LAB CORP	10,636	$742	0.6%	$57.32	0.0%	COM	773121108

Increased Positions (12)

MSI MOTOROLA SOLUTIONS INC 4.4%

Value ($000) $5,841 (+301.6%) Shares 15,237 (+379.2%) Est. Cost $403.77 Unrealized -0.7%

MSFT MICROSOFT CORP 7.8%

Value ($000) $10,319 (+53.9%) Shares 21,337 (+64.8%) Est. Cost $457.06 Unrealized +9.5%

V VISA INC 6.3%

Value ($000) $8,327 (+63.5%) Shares 23,742 (+59.2%) Est. Cost $341.52 Unrealized -0.3%

NTNX NUTANIX INC 3.4%

Value ($000) $4,450 (+157.1%) Shares 86,094 (+270.0%) Est. Cost $63.12 Unrealized -3.2%

FIX COMFORT SYS USA INC 2.5%

Value ($000) $3,311 (+233.0%) Shares 3,548 (+194.4%) Est. Cost $774.55 Unrealized +19.2%

ADI ANALOG DEVICES INC 3.5%

Value ($000) $4,584 (+92.3%) Shares 16,901 (+74.2%) Est. Cost $227.77 Unrealized +10.0%

SNOW SNOWFLAKE INC 3.7%

Value ($000) $4,843 (+69.9%) Shares 22,076 (+74.7%) Est. Cost $227.28 Unrealized +7.4%

BABA ALIBABA GROUP HLDG LTD 3.4%

Value ($000) $4,507 (+62.7%) Shares 30,747 (+98.4%) Est. Cost $162.79 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 4.2%

Value ($000) $5,504 (+38.8%) Shares 18,112 (+27.6%) Est. Cost $220.48 Unrealized —

META META PLATFORMS INC 6.8%

Value ($000) $8,996 (+17.4%) Shares 13,629 (+30.6%) Est. Cost $604.11 Unrealized +10.5%

NVDA NVIDIA CORPORATION 2.3%

Value ($000) $3,101 (+56.4%) Shares 16,625 (+56.4%) Est. Cost $147.58 Unrealized +26.1%

SSNC SS&C TECHNOLOGIES HLDGS INC 4.0%

Value ($000) $5,351 (-0.4%) Shares 61,212 (+1.2%) Est. Cost $75.82 Unrealized +12.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSI	MOTOROLA SOLUTIONS INC	15,237 (+379.2%)	$5,841 (+301.6%)	4.4%	$403.77	-0.7%	COM NEW	620076307
MSFT	MICROSOFT CORP	21,337 (+64.8%)	$10,319 (+53.9%)	7.8%	$457.06	+9.5%	COM	594918104
V	VISA INC	23,742 (+59.2%)	$8,327 (+63.5%)	6.3%	$341.52	-0.3%	COM CL A	92826C839
NTNX	NUTANIX INC	86,094 (+270.0%)	$4,450 (+157.1%)	3.4%	$63.12	-3.2%	CL A	67059N108
FIX	COMFORT SYS USA INC	3,548 (+194.4%)	$3,311 (+233.0%)	2.5%	$774.55	+19.2%	COM	199908104
ADI	ANALOG DEVICES INC	16,901 (+74.2%)	$4,584 (+92.3%)	3.5%	$227.77	+10.0%	COM	032654105
SNOW	SNOWFLAKE INC	22,076 (+74.7%)	$4,843 (+69.9%)	3.7%	$227.28	+7.4%	COM SHS	833445109
BABA	ALIBABA GROUP HLDG LTD	30,747 (+98.4%)	$4,507 (+62.7%)	3.4%	$162.79	—	SPONSORED ADS	01609W102
TSM	TAIWAN SEMICONDUCTOR MFG LTD	18,112 (+27.6%)	$5,504 (+38.8%)	4.2%	$220.48	—	SPONSORED ADS	874039100
META	META PLATFORMS INC	13,629 (+30.6%)	$8,996 (+17.4%)	6.8%	$604.11	+10.5%	CL A	30303M102
NVDA	NVIDIA CORPORATION	16,625 (+56.4%)	$3,101 (+56.4%)	2.3%	$147.58	+26.1%	COM	67066G104
SSNC	SS&C TECHNOLOGIES HLDGS INC	61,212 (+1.2%)	$5,351 (-0.4%)	4.0%	$75.82	+12.5%	COM	78467J100

Exited Positions (6)

KO COCA COLA CO 4.1%

Value ($000) $5,390 Shares 81,275 Est. Cost $66.16 Unrealized +4.9%

AMD ADVANCED MICRO DEVICES INC 3.8%

Value ($000) $5,013 Shares 30,987 Est. Cost $140.63 Unrealized +59.7%

EFX EQUIFAX INC 3.7%

Value ($000) $4,884 Shares 19,038 Est. Cost $250.41 Unrealized -12.7%

MSCI MSCI INC 2.1%

Value ($000) $2,791 Shares 4,919 Est. Cost $554.03 Unrealized +1.1%

ARLO ARLO TECHNOLOGIES INC 1.4%

Value ($000) $1,875 Shares 110,634 Est. Cost $17.00 Unrealized -7.4%

INTC INTEL CORP 0.3%

Value ($000) $349 Shares 10,397 Est. Cost $24.23 Unrealized +55.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KO	COCA COLA CO	81,275	$5,390	4.1%	$66.16	+4.9%	—	191216100
AMD	ADVANCED MICRO DEVICES INC	30,987	$5,013	3.8%	$140.63	+59.7%	—	007903107
EFX	EQUIFAX INC	19,038	$4,884	3.7%	$250.41	-12.7%	—	294429105
MSCI	MSCI INC	4,919	$2,791	2.1%	$554.03	+1.1%	—	55354G100
ARLO	ARLO TECHNOLOGIES INC	110,634	$1,875	1.4%	$17.00	-7.4%	—	04206A101
INTC	INTEL CORP	10,397	$349	0.3%	$24.23	+55.9%	—	458140100

Decreased Positions (9)

AMZN AMAZON COM INC 1.5%

Value ($000) $1,929 (-78.0%) Shares 8,355 (-79.1%) Est. Cost $202.72 Unrealized +12.9%

FICO FAIR ISAAC CORP 2.7%

Value ($000) $3,569 (-49.5%) Shares 2,111 (-55.3%) Est. Cost $1703.99 Unrealized +1.0%

SPOT SPOTIFY TECHNOLOGY S A 4.9%

Value ($000) $6,463 (-25.3%) Shares 11,130 (-10.2%) Est. Cost $603.46 Unrealized +3.6%

TSEM TOWER SEMICONDUCTOR LTD 2.4%

Value ($000) $3,136 (-41.1%) Shares 26,706 (-63.7%) Est. Cost $54.61 Unrealized +76.4%

LRCX LAM RESEARCH CORP 1.4%

Value ($000) $1,904 (-50.6%) Shares 11,124 (-61.4%) Est. Cost $78.11 Unrealized +98.9%

MCO MOODYS CORP 1.8%

Value ($000) $2,376 (-44.4%) Shares 4,651 (-48.2%) Est. Cost $502.63 Unrealized -3.0%

SMTC SEMTECH CORP 0.9%

Value ($000) $1,217 (-60.7%) Shares 16,515 (-61.9%) Est. Cost $54.29 Unrealized +30.7%

INTU INTUIT 2.2%

Value ($000) $2,880 (-15.2%) Shares 4,347 (-12.6%) Est. Cost $719.44 Unrealized -8.2%

SNPS SYNOPSYS INC 1.1%

Value ($000) $1,407 (-26.1%) Shares 2,995 (-22.4%) Est. Cost $565.30 Unrealized -21.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON COM INC	8,355 (-79.1%)	$1,929 (-78.0%)	1.5%	$202.72	+12.9%	COM	023135106
FICO	FAIR ISAAC CORP	2,111 (-55.3%)	$3,569 (-49.5%)	2.7%	$1703.99	+1.0%	COM	303250104
SPOT	SPOTIFY TECHNOLOGY S A	11,130 (-10.2%)	$6,463 (-25.3%)	4.9%	$603.46	+3.6%	SHS	L8681T102
TSEM	TOWER SEMICONDUCTOR LTD	26,706 (-63.7%)	$3,136 (-41.1%)	2.4%	$54.61	+76.4%	SHS NEW	M87915274
LRCX	LAM RESEARCH CORP	11,124 (-61.4%)	$1,904 (-50.6%)	1.4%	$78.11	+98.9%	COM NEW	512807306
MCO	MOODYS CORP	4,651 (-48.2%)	$2,376 (-44.4%)	1.8%	$502.63	-3.0%	COM	615369105
SMTC	SEMTECH CORP	16,515 (-61.9%)	$1,217 (-60.7%)	0.9%	$54.29	+30.7%	COM	816850101
INTU	INTUIT	4,347 (-12.6%)	$2,880 (-15.2%)	2.2%	$719.44	-8.2%	COM	461202103
SNPS	SYNOPSYS INC	2,995 (-22.4%)	$1,407 (-26.1%)	1.1%	$565.30	-21.4%	COM	871607107