Generate Investment Management Ltd Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ALK	ALASKA AIR GROUP INC	800,000	$40,240	1.8%	$46.23	0.0%	COM	011659109
XLK	SELECT SECTOR SPDR TR	189,552	$27,290	1.2%	$143.97	—	STATE STREET TEC	81369Y803
CRWV	COREWEAVE INC	370,000	$26,496	1.2%	$101.39	0.0%	COM CL A	21873S108
MCO	MOODYS CORP	38,364	$19,598	0.9%	$487.35	0.0%	COM	615369105
GEV	GE VERNOVA INC	22,007	$14,383	0.7%	$609.04	0.0%	COM	36828A101
LULU	LULULEMON ATHLETICA INC	68,697	$14,276	0.7%	$181.15	0.0%	COM	550021109
BDX	BECTON DICKINSON & CO	65,000	$12,615	0.6%	$189.55	0.0%	COM	075887109
DASH	DOORDASH INC	55,198	$12,501	0.6%	$234.56	0.0%	CL A	25809K105
SNPS	SYNOPSYS INC	25,282	$11,875	0.5%	$444.23	0.0%	COM	871607107
SYK	STRYKER CORPORATION	30,922	$10,868	0.5%	$363.46	0.0%	COM	863667101
LNG	CHENIERE ENERGY INC	55,000	$10,691	0.5%	$209.99	0.0%	COM NEW	16411R208
SPOT	SPOTIFY TECHNOLOGY S A	16,667	$9,679	0.4%	$625.13	0.0%	SHS	L8681T102
MPWR	MONOLITHIC PWR SYS INC	10,331	$9,364	0.4%	$960.73	0.0%	COM	609839105
WCC	WESCO INTL INC	35,868	$8,775	0.4%	$244.94	0.0%	COM	95082P105
HOOD	ROBINHOOD MKTS INC	68,572	$7,755	0.4%	$130.05	0.0%	COM CL A	770700102
MRVL	MARVELL TECHNOLOGY INC	84,924	$7,217	0.3%	$87.46	0.0%	COM	573874104
SE	SEA LTD	37,935	$4,839	0.2%	$127.57	—	SPONSORD ADS	81141R100
LOW	LOWES COS INC	14,996	$3,616	0.2%	$239.83	0.0%	COM	548661107
EL	LAUDER ESTEE COS INC	34,211	$3,583	0.2%	$96.82	0.0%	CL A	518439104
ULTA	ULTA BEAUTY INC	4,025	$2,435	0.1%	$549.70	0.0%	COM	90384S303
APP	APPLOVIN CORP	3,483	$2,347	0.1%	$630.10	0.0%	COM CL A	03831W108

Increased Positions (30)

GOOGL ALPHABET INC 6.9%

Value ($000) $150,383 (+82.6%) Shares 480,456 (+41.8%) Est. Cost $191.93 Unrealized +48.8%

AMZN AMAZON COM INC 7.2%

Value ($000) $156,873 (+67.4%) Shares 679,634 (+59.2%) Est. Cost $203.20 Unrealized +12.6%

TSM TAIWAN SEMICONDUCTOR MFG 4.3%

Value ($000) $94,883 (+128.5%) Shares 312,229 (+110.0%) Est. Cost $233.10 Unrealized —

AVGO BROADCOM INC 3.5%

Value ($000) $75,885 (+86.7%) Shares 219,257 (+78.0%) Est. Cost $297.82 Unrealized +19.9%

NVDA NVIDIA CORPORATION 7.3%

Value ($000) $159,040 (+21.9%) Shares 852,764 (+22.0%) Est. Cost $123.31 Unrealized +50.9%

MA MASTERCARD INCORPORATED 1.8%

Value ($000) $39,279 (+245.3%) Shares 68,804 (+244.0%) Est. Cost $558.00 Unrealized +0.2%

MSFT MICROSOFT CORP 7.0%

Value ($000) $153,791 (+19.3%) Shares 318,000 (+27.7%) Est. Cost $417.31 Unrealized +20.0%

APH AMPHENOL CORP NEW 1.8%

Value ($000) $38,962 (+134.5%) Shares 288,309 (+114.8%) Est. Cost $101.58 Unrealized +31.5%

CRM SALESFORCE INC 1.1%

Value ($000) $24,191 (+410.4%) Shares 91,318 (+356.6%) Est. Cost $248.95 Unrealized -0.3%

MU MICRON TECHNOLOGY INC 1.3%

Value ($000) $28,841 (+156.4%) Shares 101,058 (+50.4%) Est. Cost $142.18 Unrealized +61.3%

V VISA INC 2.0%

Value ($000) $44,412 (+64.9%) Shares 126,634 (+60.6%) Est. Cost $343.76 Unrealized -1.0%

META META PLATFORMS INC 4.9%

Value ($000) $107,923 (+18.7%) Shares 163,498 (+32.1%) Est. Cost $570.42 Unrealized +17.0%

CPAY CORPAY INC 1.6%

Value ($000) $36,112 (+67.1%) Shares 120,000 (+60.0%) Est. Cost $301.93 Unrealized -3.8%

ORCL ORACLE CORP 1.1%

Value ($000) $23,389 (+154.1%) Shares 120,000 (+266.7%) Est. Cost $221.37 Unrealized +7.5%

TMO THERMO FISHER SCIENTIFIC 0.9%

Value ($000) $20,655 (+176.5%) Shares 35,646 (+131.4%) Est. Cost $521.78 Unrealized +8.3%

PLD PROLOGIS INC. 0.9%

Value ($000) $20,104 (+138.4%) Shares 157,480 (+113.8%) Est. Cost $115.48 Unrealized +7.3%

NEM NEWMONT CORP 2.0%

Value ($000) $42,833 (+34.1%) Shares 428,975 (+13.2%) Est. Cost $50.48 Unrealized +78.7%

AGI ALAMOS GOLD INC NEW 2.1%

Value ($000) $46,296 (+26.5%) Shares 1,200,000 (+14.3%) Est. Cost $26.43 Unrealized +31.8%

BAC BANK AMERICA CORP 1.4%

Value ($000) $31,608 (+40.2%) Shares 574,686 (+31.5%) Est. Cost $43.48 Unrealized +21.1%

SPGI S&P GLOBAL INC 0.8%

Value ($000) $18,291 (+87.9%) Shares 35,000 (+75.0%) Est. Cost $507.93 Unrealized -2.7%

ETN EATON CORP PLC 0.8%

Value ($000) $17,975 (+81.4%) Shares 56,434 (+113.2%) Est. Cost $342.22 Unrealized +3.6%

ASML ASML HOLDING N V 0.7%

Value ($000) $14,443 (+86.5%) Shares 13,500 (+68.8%) Est. Cost $935.46 Unrealized —

ISRG INTUITIVE SURGICAL INC 0.5%

Value ($000) $11,471 (+105.2%) Shares 20,254 (+62.0%) Est. Cost $499.97 Unrealized +6.5%

NXPI NXP SEMICONDUCTORS N V 0.5%

Value ($000) $11,082 (+105.3%) Shares 51,057 (+115.4%) Est. Cost $203.96 Unrealized +4.8%

NFLX NETFLIX INC 1.4%

Value ($000) $29,860 (-15.7%) Shares 318,469 (+978.6%) Est. Cost $103.74 Unrealized +3.9%

TSLA TESLA INC 0.5%

Value ($000) $11,905 (+20.4%) Shares 26,471 (+19.0%) Est. Cost $329.23 Unrealized +34.6%

VRTX VERTEX PHARMACEUTICALS INC 0.5%

Value ($000) $11,939 (+18.5%) Shares 26,334 (+2.3%) Est. Cost $418.22 Unrealized +3.1%

WAL WESTERN ALLIANCE BANCORP 0.6%

Value ($000) $13,451 (+10.8%) Shares 160,000 (+14.3%) Est. Cost $57.33 Unrealized +40.6%

NOW SERVICENOW INC 0.4%

Value ($000) $9,574 (-4.9%) Shares 62,500 (+471.5%) Est. Cost $174.75 Unrealized -1.8%

WM WASTE MGMT INC DEL 0.9%

Value ($000) $19,166 (+1.2%) Shares 87,232 (+1.7%) Est. Cost $212.55 Unrealized +0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	480,456 (+41.8%)	$150,383 (+82.6%)	6.9%	$191.93	+48.8%	CAP STK CL A	02079K305
AMZN	AMAZON COM INC	679,634 (+59.2%)	$156,873 (+67.4%)	7.2%	$203.20	+12.6%	COM	023135106
TSM	TAIWAN SEMICONDUCTOR MFG	312,229 (+110.0%)	$94,883 (+128.5%)	4.3%	$233.10	—	LTD SPONSORED ADS	874039100
AVGO	BROADCOM INC	219,257 (+78.0%)	$75,885 (+86.7%)	3.5%	$297.82	+19.9%	COM	11135F101
NVDA	NVIDIA CORPORATION	852,764 (+22.0%)	$159,040 (+21.9%)	7.3%	$123.31	+50.9%	COM	67066G104
MA	MASTERCARD INCORPORATED	68,804 (+244.0%)	$39,279 (+245.3%)	1.8%	$558.00	+0.2%	CL A	57636Q104
MSFT	MICROSOFT CORP	318,000 (+27.7%)	$153,791 (+19.3%)	7.0%	$417.31	+20.0%	COM	594918104
APH	AMPHENOL CORP NEW	288,309 (+114.8%)	$38,962 (+134.5%)	1.8%	$101.58	+31.5%	CL A	032095101
CRM	SALESFORCE INC	91,318 (+356.6%)	$24,191 (+410.4%)	1.1%	$248.95	-0.3%	COM	79466L302
MU	MICRON TECHNOLOGY INC	101,058 (+50.4%)	$28,841 (+156.4%)	1.3%	$142.18	+61.3%	COM	595112103
V	VISA INC	126,634 (+60.6%)	$44,412 (+64.9%)	2.0%	$343.76	-1.0%	COM CL A	92826C839
META	META PLATFORMS INC	163,498 (+32.1%)	$107,923 (+18.7%)	4.9%	$570.42	+17.0%	CL A	30303M102
CPAY	CORPAY INC	120,000 (+60.0%)	$36,112 (+67.1%)	1.6%	$301.93	-3.8%	COM SHS	219948106
ORCL	ORACLE CORP	120,000 (+266.7%)	$23,389 (+154.1%)	1.1%	$221.37	+7.5%	COM	68389X105
TMO	THERMO FISHER SCIENTIFIC	35,646 (+131.4%)	$20,655 (+176.5%)	0.9%	$521.78	+8.3%	INC COM	883556102
PLD	PROLOGIS INC.	157,480 (+113.8%)	$20,104 (+138.4%)	0.9%	$115.48	+7.3%	COM	74340W103
NEM	NEWMONT CORP	428,975 (+13.2%)	$42,833 (+34.1%)	2.0%	$50.48	+78.7%	COM	651639106
AGI	ALAMOS GOLD INC NEW	1,200,000 (+14.3%)	$46,296 (+26.5%)	2.1%	$26.43	+31.8%	COM CL A	011532108
BAC	BANK AMERICA CORP	574,686 (+31.5%)	$31,608 (+40.2%)	1.4%	$43.48	+21.1%	COM	060505104
SPGI	S&P GLOBAL INC	35,000 (+75.0%)	$18,291 (+87.9%)	0.8%	$507.93	-2.7%	COM	78409V104
ETN	EATON CORP PLC	56,434 (+113.2%)	$17,975 (+81.4%)	0.8%	$342.22	+3.6%	SHS	G29183103
ASML	ASML HOLDING N V	13,500 (+68.8%)	$14,443 (+86.5%)	0.7%	$935.46	—	N Y REGISTRY SHS	N07059210
ISRG	INTUITIVE SURGICAL INC	20,254 (+62.0%)	$11,471 (+105.2%)	0.5%	$499.97	+6.5%	COM NEW	46120E602
NXPI	NXP SEMICONDUCTORS N V	51,057 (+115.4%)	$11,082 (+105.3%)	0.5%	$203.96	+4.8%	COM	N6596X109
NFLX	NETFLIX INC	318,469 (+978.6%)	$29,860 (-15.7%)	1.4%	$103.74	+3.9%	COM	64110L106
TSLA	TESLA INC	26,471 (+19.0%)	$11,905 (+20.4%)	0.5%	$329.23	+34.6%	COM	88160R101
VRTX	VERTEX PHARMACEUTICALS INC	26,334 (+2.3%)	$11,939 (+18.5%)	0.5%	$418.22	+3.1%	COM	92532F100
WAL	WESTERN ALLIANCE BANCORP	160,000 (+14.3%)	$13,451 (+10.8%)	0.6%	$57.33	+40.6%	COM	957638109
NOW	SERVICENOW INC	62,500 (+471.5%)	$9,574 (-4.9%)	0.4%	$174.75	-1.8%	COM	81762P102
WM	WASTE MGMT INC DEL	87,232 (+1.7%)	$19,166 (+1.2%)	0.9%	$212.55	+0.0%	COM	94106L109

Exited Positions (26)

FISV FISERV INC 1.9%

Value ($000) $41,258 Shares 320,000 Est. Cost $156.77 Unrealized -46.5%

INTU INTUIT 1.4%

Value ($000) $29,896 Shares 43,777 Est. Cost $719.44 Unrealized -8.2%

IBM INTERNATIONAL BUSINESS MACHS 0.9%

Value ($000) $19,383 Shares 68,696 Est. Cost $242.88 Unrealized +23.0%

KLAC KLA CORP 0.7%

Value ($000) $15,737 Shares 14,590 Est. Cost $930.36 Unrealized +26.0%

DAL DELTA AIR LINES INC DEL 0.7%

Value ($000) $14,755 Shares 260,000 Est. Cost $48.00 Unrealized +30.1%

NET CLOUDFLARE INC 0.6%

Value ($000) $13,686 Shares 63,777 Est. Cost $180.76 Unrealized +17.0%

KIM KIMCO RLTY CORP 0.6%

Value ($000) $13,526 Shares 619,023 Est. Cost $20.41 Unrealized +0.8%

KO COCA COLA CO 0.6%

Value ($000) $12,915 Shares 194,731 Est. Cost $67.31 Unrealized +3.1%

NVO NOVO-NORDISK A S 0.6%

Value ($000) $12,761 Shares 229,962 Est. Cost $71.02 Unrealized —

TKO TKO GROUP HOLDINGS INC 0.5%

Value ($000) $11,545 Shares 57,163 Est. Cost $181.53 Unrealized +6.7%

QCOM QUALCOMM INC 0.5%

Value ($000) $11,351 Shares 68,234 Est. Cost $157.20 Unrealized +8.6%

UBER UBER TECHNOLOGIES INC 0.5%

Value ($000) $10,912 Shares 111,386 Est. Cost $67.73 Unrealized +33.0%

REGN REGENERON PHARMACEUTICALS 0.5%

Value ($000) $10,558 Shares 18,778 Est. Cost $559.07 Unrealized +21.4%

CCEP COCA-COLA EUROPACIFIC PARTNE 0.5%

Value ($000) $10,423 Shares 115,281 Est. Cost $74.60 Unrealized +20.1%

PEP PEPSICO INC 0.5%

Value ($000) $10,162 Shares 72,359 Est. Cost $140.43 Unrealized +3.9%

FCNCA FIRST CTZNS BANCSHARES INC D 0.4%

Value ($000) $9,840 Shares 5,500 Est. Cost $1870.86 Unrealized +0.7%

PINS PINTEREST INC 0.4%

Value ($000) $8,912 Shares 277,035 Est. Cost $34.73 Unrealized -17.1%

ENTG ENTEGRIS INC 0.4%

Value ($000) $8,476 Shares 91,671 Est. Cost $78.76 Unrealized +10.2%

AER AERCAP HOLDINGS NV 0.4%

Value ($000) $8,470 Shares 70,000 Est. Cost $101.89 Unrealized +30.0%

REG REGENCY CTRS CORP 0.4%

Value ($000) $8,417 Shares 115,457 Est. Cost $69.67 Unrealized -0.3%

GFL GFL ENVIRONMENTAL INC 0.4%

Value ($000) $7,891 Shares 166,550 Est. Cost $48.43 Unrealized -7.8%

CTAS CINTAS CORP 0.3%

Value ($000) $7,431 Shares 36,201 Est. Cost $212.83 Unrealized -11.6%

ANET ARISTA NETWORKS INC 0.2%

Value ($000) $5,409 Shares 37,119 Est. Cost $101.39 Unrealized +35.8%

HCA HCA HEALTHCARE INC 0.2%

Value ($000) $5,328 Shares 12,500 Est. Cost $386.45 Unrealized +20.0%

RACE FERRARI N V 0.2%

Value ($000) $4,928 Shares 10,157 Est. Cost $464.62 Unrealized -13.9%

CSGP COSTAR GROUP INC 0.1%

Value ($000) $3,170 Shares 37,573 Est. Cost $77.90 Unrealized -9.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FISV	FISERV INC	320,000	$41,258	1.9%	$156.77	-46.5%	—	337738108
INTU	INTUIT	43,777	$29,896	1.4%	$719.44	-8.2%	—	461202103
IBM	INTERNATIONAL BUSINESS MACHS	68,696	$19,383	0.9%	$242.88	+23.0%	—	459200101
KLAC	KLA CORP	14,590	$15,737	0.7%	$930.36	+26.0%	—	482480100
DAL	DELTA AIR LINES INC DEL	260,000	$14,755	0.7%	$48.00	+30.1%	—	247361702
NET	CLOUDFLARE INC	63,777	$13,686	0.6%	$180.76	+17.0%	—	18915M107
KIM	KIMCO RLTY CORP	619,023	$13,526	0.6%	$20.41	+0.8%	—	49446R109
KO	COCA COLA CO	194,731	$12,915	0.6%	$67.31	+3.1%	—	191216100
NVO	NOVO-NORDISK A S	229,962	$12,761	0.6%	$71.02	—	—	670100205
TKO	TKO GROUP HOLDINGS INC	57,163	$11,545	0.5%	$181.53	+6.7%	—	87256C101
QCOM	QUALCOMM INC	68,234	$11,351	0.5%	$157.20	+8.6%	—	747525103
UBER	UBER TECHNOLOGIES INC	111,386	$10,912	0.5%	$67.73	+33.0%	—	90353T100
REGN	REGENERON PHARMACEUTICALS	18,778	$10,558	0.5%	$559.07	+21.4%	—	75886F107
CCEP	COCA-COLA EUROPACIFIC PARTNE	115,281	$10,423	0.5%	$74.60	+20.1%	—	G25839104
PEP	PEPSICO INC	72,359	$10,162	0.5%	$140.43	+3.9%	—	713448108
FCNCA	FIRST CTZNS BANCSHARES INC D	5,500	$9,840	0.4%	$1870.86	+0.7%	—	31946M103
PINS	PINTEREST INC	277,035	$8,912	0.4%	$34.73	-17.1%	—	72352L106
ENTG	ENTEGRIS INC	91,671	$8,476	0.4%	$78.76	+10.2%	—	29362U104
AER	AERCAP HOLDINGS NV	70,000	$8,470	0.4%	$101.89	+30.0%	—	N00985106
REG	REGENCY CTRS CORP	115,457	$8,417	0.4%	$69.67	-0.3%	—	758849103
GFL	GFL ENVIRONMENTAL INC	166,550	$7,891	0.4%	$48.43	-7.8%	—	36168Q104
CTAS	CINTAS CORP	36,201	$7,431	0.3%	$212.83	-11.6%	—	172908105
ANET	ARISTA NETWORKS INC	37,119	$5,409	0.2%	$101.39	+35.8%	—	040413205
HCA	HCA HEALTHCARE INC	12,500	$5,328	0.2%	$386.45	+20.0%	—	40412C101
RACE	FERRARI N V	10,157	$4,928	0.2%	$464.62	-13.9%	—	N3167Y103
CSGP	COSTAR GROUP INC	37,573	$3,170	0.1%	$77.90	-9.1%	—	22160N109

Decreased Positions (23)

ELV ELEVANCE HEALTH INC FORME 0.3%

Value ($000) $6,135 (-85.9%) Shares 17,500 (-87.0%) Est. Cost $396.52 Unrealized -15.1%

UNH UNITEDHEALTH GROUP INC 1.0%

Value ($000) $22,483 (-54.3%) Shares 68,108 (-52.2%) Est. Cost $382.32 Unrealized -11.8%

ICE INTERCONTINENTAL EXCHANGE IN 0.3%

Value ($000) $6,478 (-74.6%) Shares 40,000 (-73.6%) Est. Cost $150.23 Unrealized +4.0%

AAPL APPLE INC 3.6%

Value ($000) $79,420 (-16.0%) Shares 292,134 (-21.3%) Est. Cost $205.80 Unrealized +30.4%

GS GOLDMAN SACHS GROUP INC 0.5%

Value ($000) $10,221 (-55.8%) Shares 11,628 (-60.0%) Est. Cost $589.02 Unrealized +38.1%

MCK MCKESSON CORP 0.1%

Value ($000) $3,258 (-79.2%) Shares 3,972 (-80.4%) Est. Cost $623.28 Unrealized +30.9%

HD HOME DEPOT INC 0.9%

Value ($000) $19,236 (-38.4%) Shares 55,902 (-27.4%) Est. Cost $342.92 Unrealized +6.3%

ABBV ABBVIE INC 0.4%

Value ($000) $8,556 (-57.4%) Shares 37,445 (-56.8%) Est. Cost $191.90 Unrealized +18.6%

LLY ELI LILLY & CO 2.3%

Value ($000) $50,934 (-18.4%) Shares 47,395 (-42.1%) Est. Cost $745.64 Unrealized +28.2%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.9%

Value ($000) $41,761 (-19.5%) Shares 83,082 (-19.5%) Est. Cost $391.99 Unrealized +26.9%

JPM JPMORGAN CHASE & CO. 0.7%

Value ($000) $14,575 (-39.6%) Shares 45,232 (-40.9%) Est. Cost $211.65 Unrealized +46.2%

UAL UNITED AIRLS HLDGS INC 1.1%

Value ($000) $25,160 (-26.6%) Shares 225,000 (-36.6%) Est. Cost $81.51 Unrealized +24.0%

WTW WILLIS TOWERS WATSON PLC 0.4%

Value ($000) $9,573 (-46.1%) Shares 29,131 (-43.4%) Est. Cost $310.42 Unrealized +5.2%

AJG GALLAGHER ARTHUR J & CO 0.4%

Value ($000) $7,764 (-49.9%) Shares 30,000 (-40.0%) Est. Cost $309.83 Unrealized -14.7%

LRCX LAM RESEARCH CORP 0.7%

Value ($000) $15,470 (-33.2%) Shares 90,370 (-47.8%) Est. Cost $78.34 Unrealized +98.3%

RCL ROYAL CARIBBEAN GROUP 0.2%

Value ($000) $4,810 (-55.2%) Shares 17,244 (-48.1%) Est. Cost $155.45 Unrealized +81.1%

CRH CRH PLC 1.1%

Value ($000) $23,279 (-19.9%) Shares 186,527 (-23.1%) Est. Cost $81.12 Unrealized +46.9%

BSX BOSTON SCIENTIFIC CORP 1.5%

Value ($000) $33,270 (-13.7%) Shares 348,920 (-11.7%) Est. Cost $87.72 Unrealized +11.8%

RSG REPUBLIC SVCS INC 0.2%

Value ($000) $4,822 (-46.2%) Shares 22,751 (-41.8%) Est. Cost $169.81 Unrealized +26.4%

EQT EQT CORP 0.9%

Value ($000) $19,296 (-11.4%) Shares 360,000 (-10.0%) Est. Cost $53.58 Unrealized +4.8%

CART MAPLEBEAR INC 1.3%

Value ($000) $28,810 (+4.5%) Shares 640,500 (-14.6%) Est. Cost $44.95 Unrealized -8.9%

SHW SHERWIN WILLIAMS CO 0.3%

Value ($000) $7,248 (-10.5%) Shares 22,367 (-4.4%) Est. Cost $351.39 Unrealized -4.9%

WMT WALMART INC 0.3%

Value ($000) $6,683 (-7.4%) Shares 60,000 (-14.3%) Est. Cost $81.18 Unrealized +32.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ELV	ELEVANCE HEALTH INC FORME	17,500 (-87.0%)	$6,135 (-85.9%)	0.3%	$396.52	-15.1%	RLY COM	036752103
UNH	UNITEDHEALTH GROUP INC	68,108 (-52.2%)	$22,483 (-54.3%)	1.0%	$382.32	-11.8%	COM	91324P102
ICE	INTERCONTINENTAL EXCHANGE IN	40,000 (-73.6%)	$6,478 (-74.6%)	0.3%	$150.23	+4.0%	COM	45866F104
AAPL	APPLE INC	292,134 (-21.3%)	$79,420 (-16.0%)	3.6%	$205.80	+30.4%	COM	037833100
GS	GOLDMAN SACHS GROUP INC	11,628 (-60.0%)	$10,221 (-55.8%)	0.5%	$589.02	+38.1%	COM	38141G104
MCK	MCKESSON CORP	3,972 (-80.4%)	$3,258 (-79.2%)	0.1%	$623.28	+30.9%	COM	58155Q103
HD	HOME DEPOT INC	55,902 (-27.4%)	$19,236 (-38.4%)	0.9%	$342.92	+6.3%	COM	437076102
ABBV	ABBVIE INC	37,445 (-56.8%)	$8,556 (-57.4%)	0.4%	$191.90	+18.6%	COM	00287Y109
LLY	ELI LILLY & CO	47,395 (-42.1%)	$50,934 (-18.4%)	2.3%	$745.64	+28.2%	COM	532457108
BRK/B	BERKSHIRE HATHAWAY INC DEL	83,082 (-19.5%)	$41,761 (-19.5%)	1.9%	$391.99	+26.9%	CL B NEW	084670702
JPM	JPMORGAN CHASE & CO.	45,232 (-40.9%)	$14,575 (-39.6%)	0.7%	$211.65	+46.2%	COM	46625H100
UAL	UNITED AIRLS HLDGS INC	225,000 (-36.6%)	$25,160 (-26.6%)	1.1%	$81.51	+24.0%	COM	910047109
WTW	WILLIS TOWERS WATSON PLC	29,131 (-43.4%)	$9,573 (-46.1%)	0.4%	$310.42	+5.2%	LTD SHS	G96629103
AJG	GALLAGHER ARTHUR J & CO	30,000 (-40.0%)	$7,764 (-49.9%)	0.4%	$309.83	-14.7%	COM	363576109
LRCX	LAM RESEARCH CORP	90,370 (-47.8%)	$15,470 (-33.2%)	0.7%	$78.34	+98.3%	COM NEW	512807306
RCL	ROYAL CARIBBEAN GROUP	17,244 (-48.1%)	$4,810 (-55.2%)	0.2%	$155.45	+81.1%	COM	V7780T103
CRH	CRH PLC	186,527 (-23.1%)	$23,279 (-19.9%)	1.1%	$81.12	+46.9%	ORD	G25508105
BSX	BOSTON SCIENTIFIC CORP	348,920 (-11.7%)	$33,270 (-13.7%)	1.5%	$87.72	+11.8%	COM	101137107
RSG	REPUBLIC SVCS INC	22,751 (-41.8%)	$4,822 (-46.2%)	0.2%	$169.81	+26.4%	COM	760759100
EQT	EQT CORP	360,000 (-10.0%)	$19,296 (-11.4%)	0.9%	$53.58	+4.8%	COM	26884L109
CART	MAPLEBEAR INC	640,500 (-14.6%)	$28,810 (+4.5%)	1.3%	$44.95	-8.9%	COM	565394103
SHW	SHERWIN WILLIAMS CO	22,367 (-4.4%)	$7,248 (-10.5%)	0.3%	$351.39	-4.9%	COM	824348106
WMT	WALMART INC	60,000 (-14.3%)	$6,683 (-7.4%)	0.3%	$81.18	+32.0%	COM	931142103

Unchanged Positions (2)

COR CENCORA INC 0.3%

Value ($000) $6,031 Shares 17,857 Est. Cost $211.61 Unrealized +61.0%

WCN WASTE CONNECTIONS INC 0.5%

Value ($000) $11,733 Shares 66,907 Est. Cost $152.03 Unrealized +13.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
COR	CENCORA INC	17,857	$6,031	0.3%	$211.61	+61.0%	COM	03073E105
WCN	WASTE CONNECTIONS INC	66,907	$11,733	0.5%	$152.03	+13.7%	COM	94106B101