| Issuer | % book | Value | Conviction | Business |
|---|
| $PONY · PONY AI INC | 5.7% | $124,208,499 | Med | Chinese autonomous-driving (robotaxi) technology |
| WOLVERINE WORLD WIDE INC | 4.0% | $87,250,153 | Low | |
| $GOOG · ALPHABET INC | 1.9% | $40,818,981 | Low | Google parent — search, ads, YouTube, Android, Google Cloud |
| $WDC · WESTERN DIGITAL CORP | 1.5% | $33,717,170 | Low | Hard drives and data storage devices |
| $AVGO · BROADCOM INC | 1.2% | $25,687,508 | Low | Semiconductors and infrastructure software |
| ZEPP HEALTH CORPORATION | 1.2% | $25,113,214 | Low | |
| $FERG · FERGUSON ENTERPRISES INC | 1.1% | $23,914,674 | Low | Plumbing and HVAC products distributor |
| BITDEER TECHNOLOGIES GROUP | 1.1% | $24,680,517 | Low | |
| $GDS · GDS HLDGS LTD | 0.9% | $20,064,511 | Low | Chinese data-center developer and operator |
| $SNDK · SANDISK CORP | 0.9% | $19,993,982 | Low | |
| $AAOI · APPLIED OPTOELECTRONICS INC | 0.8% | $16,770,457 | Low | Fiber-optic networking components |
| $KKR · KKR & CO INC | 0.8% | $18,163,695 | Low | Global private equity and alternative asset manager |
| $TEAM1EUR · ATLASSIAN CORPORATION | 0.5% | $10,294,850 | Low | Team collaboration software (Jira, Confluence) |
| $PEP · PEPSICO INC | 0.5% | $10,133,018 | Low | Beverages and snack foods |
| $COP · CONOCOPHILLIPS | 0.5% | $11,340,888 | Low | Oil and gas exploration and production |
| $BZ · KANZHUN LIMITED | 0.5% | $11,285,284 | Low | |
| $TRI4EUR · THOMSON REUTERS CORP | 0.5% | $10,344,084 | Low | |
| $P · PURE STORAGE INC | 0.5% | $11,390,785 | Low | Enterprise flash data storage systems |
| $CIT · CINTAS CORP | 0.4% | $7,631,156 | Low | Uniform rental and business services |
| $VST · VISTRA CORP | 0.4% | $9,315,996 | Low | Power generation and retail electricity |
| FLEX LTD | 0.4% | $9,671,378 | Low | Contract electronics manufacturing services |
| $REGN · REGENERON PHARMACEUTICALS | 0.3% | $6,723,625 | Low | Biotech therapeutics (Eylea, Dupixent) |
| $NOW · SERVICENOW INC | 0.3% | $5,939,550 | Low | Cloud workflow and IT-service-management software |
| $BMY · BRISTOL-MYERS SQUIBB CO | 0.3% | $5,960,916 | Low | |
| $DINO · HF SINCLAIR CORP | 0.3% | $5,706,082 | Low | Petroleum refining and marketing |
| $XOM · EXXON MOBIL CORP | 0.3% | $5,512,123 | Low | |
| $UAL · UNITED AIRLS HLDGS INC | 0.3% | $6,984,245 | Low | Major US passenger airline |
| $CHRD · CHORD ENERGY CORPORATION | 0.3% | $6,805,553 | Low | Williston Basin oil and gas producer |
| $ORLY · OREILLY AUTOMOTIVE INC | 0.3% | $5,895,298 | Low | Auto parts retailer |
| $CDW · CDW CORP | 0.3% | $6,813,544 | Low | IT products and solutions reseller |
| CHUBB LIMITED | 0.3% | $7,472,130 | Low | Global property/casualty insurer |
| $QRVO · QORVO INC | 0.3% | $7,305,982 | Low | |
| $EQH · EQUITABLE HLDGS INC | 0.2% | $4,784,288 | Low | Life insurance and retirement (AllianceBernstein owner) |
| $OLED · UNIVERSAL DISPLAY CORP | 0.2% | $3,297,294 | Low | OLED display materials and technology licensing |
| ATRENEW INC | 0.2% | $5,261,939 | Low | |
| $MANH · MANHATTAN ASSOCIATES INC | 0.2% | $4,498,696 | Low | Supply chain and warehouse management software |
| $XHB · SPDR SERIES TRUST | 0.2% | $4,986,000 | Low | State Street SPDR ETF family |
| SPOTIFY TECHNOLOGY S A | 0.2% | $3,669,214 | Low | Music and podcast streaming platform |
| $MNSO · MINISO GROUP HLDG LTD | 0.2% | $3,514,001 | Low | |
| $RMBS* · RAMBUS INC DEL | 0.2% | $4,118,422 | Low | |
| $SYK · STRYKER CORPORATION | 0.2% | $5,002,624 | Low | Medical devices and orthopedic implants |
| UBS GROUP AG | 0.2% | $3,833,705 | Low | Swiss global wealth management and banking |
| ALCON AG | 0.2% | $3,891,210 | Low | |
| $HD · HOME DEPOT INC | 0.2% | $4,078,250 | Low | Home-improvement retail chain |
| TEXAS ROADHOUSE INC | 0.2% | $3,358,050 | Low | |
| $AG8 · AGILENT TECHNOLOGIES INC | 0.2% | $3,334,757 | Low | Analytical lab instruments and diagnostics |
| $ASX · ASE TECHNOLOGY HLDG CO LTD | 0.2% | $3,666,354 | Low | Semiconductor packaging and test (Taiwan) |
| FABRINET | 0.2% | $4,953,269 | Low | |
| $U · UNITY SOFTWARE INC | 0.1% | $2,665,672 | Low | Real-time 3D game development engine |
| AON PLC | 0.1% | $2,302,056 | Low | Insurance brokerage and risk advisory |
| $ENPH · ENPHASE ENERGY INC | 0.1% | $1,579,496 | Low | Solar microinverters and energy storage |
| $ISI · IONIS PHARMACEUTICALS INC | 0.1% | $3,108,560 | Low | Antisense RNA-targeting drug developer |
| $JEF · JEFFERIES FINL GROUP INC | 0.1% | $1,179,915 | Low | Investment bank and financial services |
| $MTCH · MATCH GROUP INC NEW | 0.1% | $2,189,620 | Low | Online dating apps (Tinder, Hinge) |
| $MLCO · MELCO RESORTS AND ENTMNT LTD | 0.1% | $2,799,915 | Low | |
| $MSFT · MICROSOFT CORP | 0.1% | $2,612,956 | Low | Windows, Office, Azure cloud, Xbox, AI software |
| $VOYA · VOYA FINANCIAL INC | 0.1% | $1,892,395 | Low | |
| $TW · TRADEWEB MKTS INC | 0.1% | $3,036,352 | Low | Electronic fixed-income and derivatives trading |
| AMBARELLA INC | 0.1% | $1,997,938 | Low | Computer-vision and video processing chips |
| $BNY · BANK NEW YORK MELLON CORP | 0.1% | $3,057,376 | Low | |
| $NBP · I MAB | 0.1% | $2,121,963 | Low | |
| $DUT · MOODYS CORP | 0.1% | $1,989,304 | Low | Credit ratings and financial-risk analytics |
| $PLNT · PLANET FITNESS INC | 0.1% | $2,335,562 | Low | |
| GATES INDL CORP PLC | 0.1% | $1,331,033 | Low | Power transmission belts and fluid-power products |
| $GIL · GILDAN ACTIVEWEAR INC | 0.1% | $3,094,770 | Low | Basic apparel and activewear manufacturer |
| $KEY · KEYCORP | 0.1% | $1,163,266 | Low | Regional bank (KeyBank) |
| $EXLS · EXLSERVICE HOLDINGS INC | 0.1% | $1,259,742 | Low | Data analytics and business process outsourcing |
| $GPK · GRAPHIC PACKAGING HLDG CO | 0.1% | $1,495,365 | Low | Paper-based packaging manufacturer |
| VIKING HOLDINGS LTD | 0.1% | $2,740,733 | Low | Ocean and river cruise line operator |
| $GOOGL · ALPHABET INC | 0.1% | $1,736,351 | Low | Google parent — search, ads, YouTube, Android, Google Cloud |
| $BMTA · BRITISH AMERN TOB PLC | 0.1% | $1,852,492 | Low | |
| $BBW · BUILD-A-BEAR WORKSHOP INC | 0.1% | $2,303,871 | Low | |
| $DC4 · DEXCOM INC | 0.1% | $2,020,277 | Low | Continuous glucose monitoring devices |
| $GKOS · GLAUKOS CORP | 0.1% | $2,016,577 | Low | |
| $HAS · HASBRO INC | 0.1% | $1,126,226 | Low | Toys, games and entertainment company |
| $LFUS · LITTELFUSE INC | 0.1% | $1,429,404 | Low | Circuit protection and electronic components |
| $UEO · WESTLAKE CORPORATION | 0.1% | $1,916,559 | Low | Chemicals, plastics and building products |
| $SPGI · S&P GLOBAL INC | 0.1% | $2,834,112 | Low | Credit ratings, indices and market data |
| STIFEL FINL CORP | 0.1% | $2,388,699 | Low | Brokerage and investment banking |
| $USB · US BANCORP DEL | 0.1% | $1,735,729 | Low | Large regional bank (U.S. Bank) |
| $MOMO · HELLO GROUP INC | 0.1% | $1,454,214 | Low | Chinese social and live-streaming apps (Momo) |
| $IFF · INTERNATIONAL FLAVORS&FRAGRA | 0.1% | $1,357,147 | Low | |
| $TCBI · TEXAS CAP BANCSHARES INC | 0.1% | $1,852,073 | Low | |
| $ALGM · ALLEGRO MICROSYSTEMS INC | 0.1% | $2,870,360 | Low | |
| $ASH · ASHLAND INC | 0.1% | $1,328,991 | Low | |
| $FIX · COMFORT SYS USA INC | 0.1% | $1,155,252 | Low | Commercial HVAC installation and services |
| $MTD · METTLER TOLEDO INTERNATIONAL | 0.1% | $1,358,550 | Low | Precision instruments and lab balances |
| $NIO · NIO INC | 0.1% | $1,505,430 | Low | |
| $PCTY · PAYLOCITY HLDG CORP | 0.1% | $2,205,477 | Low | Cloud payroll and HR software |
| $PRMB · PRIMO BRANDS CORPORATION | 0.1% | $1,124,030 | Low | |
| $RPM · RPM INTL INC | 0.1% | $2,604,227 | Low | Specialty coatings, sealants and paints |
| $IOT · SAMSARA INC | 0.1% | $1,581,173 | Low | IoT fleet and operations software |
| $BWA · BORGWARNER INC | 0.1% | $2,531,612 | Low | Automotive powertrain and propulsion components |
| $CRC · CALIFORNIA RES CORP | 0.1% | $1,349,230 | Low | California oil and natural gas producer |
| $ETR · ENTERGY CORP NEW | 0.1% | $2,211,027 | Low | Southern US electric utility |
| $META · META PLATFORMS INC | 0.1% | $1,606,505 | Low | Facebook, Instagram, WhatsApp; digital ads and AI |
| $RBA · RB GLOBAL INC | 0.0% | $282,185 | Low | Industrial and auto auctions (Ritchie Bros.) |
| $SKYW · SKYWEST INC | 0.0% | $60,032 | Low | Regional airline operator |
| $TPG · TPG INC | 0.0% | $151,670 | Low | Alternative asset management (private equity) |
| ALLEGION PLC | 0.0% | $121,109 | Low | |
| $BBWI · BATH & BODY WORKS INC | 0.0% | $906,366 | Low | Personal care and home fragrance retailer |
| BRUKER CORP | 0.0% | $406,228 | Low | Scientific analytical instruments |
| $DYN · DYNE THERAPEUTICS INC | 0.0% | $198,763 | Low | |
| $EVH · EVOLENT HEALTH INC | 0.0% | $188,925 | Low | Value-based specialty care management |
| $FULT · FULTON FINL CORP PA | 0.0% | $10,916 | Low | |
| HILTON GRAND VACATIONS INC | 0.0% | $120,846 | Low | |
| $HUM · HUMANA INC | 0.0% | $912,319 | Low | |
| $HUN · HUNTSMAN CORP | 0.0% | $1,051,350 | Low | Specialty and commodity chemicals |
| LIVANOVA PLC | 0.0% | $65,960 | Low | |
| $LTC · LTC PPTYS INC | 0.0% | $109,122 | Low | Senior housing and healthcare REIT |
| MAGNITE INC | 0.0% | $79,265 | Low | Independent sell-side advertising technology |
| $CART · MAPLEBEAR INC | 0.0% | $1,033,024 | Low | Instacart — grocery delivery and retail media |
| $MATV · MATIV HOLDINGS INC | 0.0% | $14,679 | Low | |
| $NDAQ · NASDAQ INC | 0.0% | $872,131 | Low | Stock exchange operator and market technology |
| $PARR · PAR PAC HOLDINGS INC | 0.0% | $24,102 | Low | |
| $POST · POST HLDGS INC | 0.0% | $506,505 | Low | Packaged foods and cereals |
| $ZM · ZOOM COMMUNICATIONS INC | 0.0% | $271,441 | Low | Video conferencing and communications software |
| $RKT · ROCKET COS INC | 0.0% | $103,794 | Low | Online mortgage lender (Rocket Mortgage) |
| $RYAAY · RYANAIR HOLDINGS PLC | 0.0% | $497,417 | Low | European low-cost airline |
| $ADMA · ADMA BIOLOGICS INC | 0.0% | $101,187 | Low | Plasma-derived immunoglobulin therapies |
| ARHAUS INC | 0.0% | $64,871 | Low | |
| $ASAN · ASANA INC | 0.0% | $20,134 | Low | |
| $BP · BP PLC | 0.0% | $714,115 | Low | Integrated oil and gas major |
| $DY · DYCOM INDS INC | 0.0% | $251,848 | Low | Telecom infrastructure construction services |
| $ETD · ETHAN ALLEN INTERIORS INC | 0.0% | $54,361 | Low | Furniture maker and home-furnishings retailer |
| $FRSH · FRESHWORKS INC | 0.0% | $103,341 | Low | Customer-service and IT software (SaaS) |
| $GTY · GETTY RLTY CORP NEW | 0.0% | $7,817 | Low | |
| $HSY · HERSHEY CO | 0.0% | $29,037 | Low | Chocolate and confectionery maker |
| $HLMN · HILLMAN SOLUTIONS CORP | 0.0% | $2,754 | Low | |
| $NCNO · NCINO INC | 0.0% | $333,432 | Low | Cloud banking and lending software |
| $LASR · NLIGHT INC | 0.0% | $90,435 | Low | |
| $PENG · PENGUIN SOLUTIONS INC | 0.0% | $169,950 | Low | |
| $VTRS · VIATRIS INC | 0.0% | $616,770 | Low | Generic and off-patent pharmaceuticals |
| $VIAV · VIAVI SOLUTIONS INC | 0.0% | $55,551 | Low | Network test, measurement and optical products |
| WAVE LIFE SCIENCES LTD | 0.0% | $34,791 | Low | RNA-targeting genetic medicines |
| $WEX · WEX INC | 0.0% | $239,867 | Low | Fleet fuel cards and payment processing |
| $SNDX · SYNDAX PHARMACEUTICALS INC | 0.0% | $673,995 | Low | |
| $TMHC · TAYLOR MORRISON HOME CORP | 0.0% | $338,962 | Low | Homebuilder |
| $TRV · TRAVELERS COMPANIES INC | 0.0% | $932,620 | Low | |
| $AYI · ACUITY INC | 0.0% | $183,841 | Low | Lighting and building management products |
| AMICUS THERAPEUTICS INC | 0.0% | $106,566 | Low | Rare-disease therapeutics |
| $APLSUSD · APELLIS PHARMACEUTICALS INC | 0.0% | $858,606 | Low | Complement-immunology biopharma (eye, blood diseases) |
| $DK · DELEK US HLDGS INC NEW | 0.0% | $263,640 | Low | |
| DOLE PLC | 0.0% | $66,658 | Low | |
| $DEI · DOUGLAS EMMETT INC | 0.0% | $61,340 | Low | Los Angeles/Honolulu office and apartment REIT |
| $FSS · FEDERAL SIGNAL CORP | 0.0% | $231,965 | Low | |
| GENIUS SPORTS LIMITED | 0.0% | $171,530 | Low | Sports data and betting technology |
| GIGACLOUD TECHNOLOGY INC | 0.0% | $62,173 | Low | |
| $GL · GLOBE LIFE INC | 0.0% | $100,079 | Low | Life and supplemental health insurance |
| $GPI · GROUP 1 AUTOMOTIVE INC | 0.0% | $985,261 | Low | |
| $H · HYATT HOTELS CORP | 0.0% | $646,055 | Low | Global hotel operator and franchisor |
| $HAPN · LENDINGCLUB CORP | 0.0% | $115,539 | Low | Digital marketplace bank and consumer lending |
| $MU · MICRON TECHNOLOGY INC | 0.0% | $400,952 | Low | Memory chips (DRAM and NAND flash) |
| NEXTNAV INC | 0.0% | $101,849 | Low | |
| VIOMI TECHNOLOGY CO LTD | 0.0% | $729,730 | Low | |
| $YUM · YUM BRANDS INC | 0.0% | $123,442 | Low | Fast food franchisor (KFC, Taco Bell, Pizza Hut) |
| $RUSHA · RUSH ENTERPRISES INC | 0.0% | $431,801 | Low | Commercial truck dealerships and service |
| $SBC · SABRA HEALTH CARE REIT INC | 0.0% | $3,688 | Low | Healthcare and senior-housing REIT |
| $ALNY · ALNYLAM PHARMACEUTICALS INC | 0.0% | $272,669 | Low | RNA-interference (RNAi) therapeutics |
| $ACA · ARCOSA INC | 0.0% | $18,196 | Low | Infrastructure construction products manufacturer |
| $BLBD · BLUE BIRD CORP | 0.0% | $90,909 | Low | |
| $BNL · BROADSTONE NET LEASE INC | 0.0% | $12,797 | Low | |
| $EPAM · EPAM SYS INC | 0.0% | $995,214 | Low | Software engineering and IT services |
| $FLR · FLUOR CORP NEW | 0.0% | $210,337 | Low | Engineering, procurement and construction services |
| $FRPT · FRESHPET INC | 0.0% | $698,552 | Low | Refrigerated fresh pet food |
| $GLPI · GAMING & LEISURE PPTYS INC | 0.0% | $144,047 | Low | Casino real-estate REIT |
| $GO · GROCERY OUTLET HLDG CORP | 0.0% | $26,951 | Low | Discount extreme-value grocery retailer |
| $KEX · KIRBY CORP | 0.0% | $887,157 | Low | |
| $LTH · LIFE TIME GROUP HOLDINGS INC | 0.0% | $5,278 | Low | Premium fitness and athletic clubs operator |
| NEOGENOMICS INC | 0.0% | $1,726 | Low | Cancer genetic and molecular testing labs |
| $NTST · NETSTREIT CORP | 0.0% | $73,834 | Low | Single-tenant net-lease retail REIT |
| $NBIX · NEUROCRINE BIOSCIENCES INC | 0.0% | $283,485 | Low | Neuroscience and endocrine biopharma |
| $OXY · OCCIDENTAL PETE CORP | 0.0% | $763,544 | Low | Oil and gas exploration and production |
| PIXELWORKS INC | 0.0% | $648,832 | Low | |
| $RDN · RADIAN GROUP INC | 0.0% | $142,338 | Low | |
| $ZWS · ZURN ELKAY WATER SOLNS CORP | 0.0% | $398,118 | Low | Water management, drinking water and plumbing products |
| $RSI · RUSH STREET INTERACTIVE INC | 0.0% | $174,327 | Low | |
| $SE · SEA LTD | 0.0% | $250,118 | Low | Southeast Asia gaming, e-commerce and fintech (Shopee) |
| SENSATA TECHNOLOGIES HLDG PL | 0.0% | $768,491 | Low | |
| ACUSHNET HLDGS CORP | 0.0% | $20,545 | Low | |
| $BKU · BANKUNITED INC | 0.0% | $152,411 | Low | Florida regional bank |
| BURFORD CAP LTD | 0.0% | $161,367 | Low | |
| $CUZ · COUSINS PPTYS INC | 0.0% | $31,834 | Low | |
| $DT · DYNATRACE INC | 0.0% | $613,149 | Low | Software observability and monitoring |
| $HR · HEALTHCARE RLTY TR | 0.0% | $380,983 | Low | |
| $HMC · HONDA MOTOR LTD | 0.0% | $64,680 | Low | |
| $INVH · INVITATION HOMES INC | 0.0% | $413,728 | Low | Single-family rental home REIT |
| $MSM · MSC INDL DIRECT INC | 0.0% | $200,871 | Low | Industrial and metalworking supplies distributor |
| $NSSC · NAPCO SEC TECHNOLOGIES INC | 0.0% | $7,892 | Low | |
| $OHI · OMEGA HEALTHCARE INVS INC | 0.0% | $63,384 | Low | Skilled nursing and senior housing REIT |
| $XMTR · XOMETRY INC | 0.0% | $2,604 | Low | |
| $RVLV · REVOLVE GROUP INC | 0.0% | $175,068 | Low | |
| $CXM · SPRINKLR INC | 0.0% | $15,372 | Low | Customer-experience and social media management software |
| TECNOGLASS INC | 0.0% | $53,528 | Low | |
| $PATH · UIPATH INC | 0.0% | $947,960 | Low | |
| $ASO · ACADEMY SPORTS & OUTDOORS IN | 0.0% | $416,241 | Low | |
| $AMTM · AMENTUM HOLDINGS INC | 0.0% | $59,130 | Low | Government engineering and technical services |
| $AXSM · AXSOME THERAPEUTICS INC | 0.0% | $388,990 | Low | CNS-focused biopharma (depression, migraine) |
| $CADE · CADENCE BANK | 0.0% | $10,188 | Low | US regional bank (Southeast) |
| $CWH · CAMPING WORLD HLDGS INC | 0.0% | $201,814 | Low | RV dealer and outdoor retail |
| $DAR · DARLING INGREDIENTS INC | 0.0% | $588,604 | Low | Animal byproduct rendering and renewable fuels |
| $DGED · DIAGEO PLC | 0.0% | $262,404 | Low | Global spirits and beer producer (Johnnie Walker) |
| $FCPT · FOUR CORNERS PPTY TR INC | 0.0% | $4,687 | Low | |
| $ICUI · ICU MED INC | 0.0% | $192,890 | Low | ICU Medical — infusion therapy medical devices |
| $IEX · IDEX CORP | 0.0% | $322,631 | Low | IDEX Corp — fluidics and applied science products |
| $INTA · INTAPP INC | 0.0% | $30,244 | Low | |
| $IPGP · IPG PHOTONICS CORP | 0.0% | $414,442 | Low | |
| $LYV · LIVE NATION ENTERTAINMENT IN | 0.0% | $113,715 | Low | Concert promotion and Ticketmaster ticketing |
| $MIRM · MIRUM PHARMACEUTICALS INC | 0.0% | $365,545 | Low | |
| $JT5 · MUELLER WTR PRODS INC | 0.0% | $293,012 | Low | Water infrastructure valves and fire hydrants |
| $OGS · ONE GAS INC | 0.0% | $47,850 | Low | |
| $PBF · PBF ENERGY INC | 0.0% | $893,394 | Low | |
| PINNACLE FINL PARTNERS INC | 0.0% | $352,305 | Low | Southeast US regional bank |
| $VRRM · VERRA MOBILITY CORP | 0.0% | $45,728 | Low | Smart-mobility tolling and traffic enforcement |
| $RELX · RELX PLC | 0.0% | $16,393 | Low | |
| $STWD · STARWOOD PPTY TR INC | 0.0% | $17,314 | Low | Commercial real-estate finance REIT |
| $SG · SWEETGREEN INC | 0.0% | $1,489 | Low | |
| $AA · ALCOA CORP | 0.0% | $131,626 | Low | Aluminum and bauxite/alumina producer |
| $ASTH · ASTRANA HEALTH INC | 0.0% | $4,115 | Low | |
| $CALX · CALIX INC | 0.0% | $64,926 | Low | Broadband access network platforms and software |
| $POH3 · CARNIVAL PLC | 0.0% | $7,932 | Low | Cruise line operator |
| $CNC · CENTENE CORP DEL | 0.0% | $456,507 | Low | Government-sponsored managed care (Medicaid/ACA) |
| DAKTRONICS INC | 0.0% | $65,288 | Low | |
| $FOXF · FOX FACTORY HLDG CORP | 0.0% | $123,320 | Low | Performance suspension and ride-dynamics products |
| $FCN · FTI CONSULTING INC | 0.0% | $163,962 | Low | Business advisory and consulting services |
| $GTX · GARRETT MOTION INC | 0.0% | $31,422 | Low | Turbochargers and automotive technology |
| $ING · ING GROEP N.V. | 0.0% | $226,896 | Low | |
| JAMES HARDIE INDS PLC | 0.0% | $19,182 | Low | Fiber-cement siding and building products |
| $KBIA · KB FINL GROUP INC | 0.0% | $137,504 | Low | |
| MAKEMYTRIP LIMITED MAURITIUS | 0.0% | $639,528 | Low | |
| $NWG · NATWEST GROUP PLC | 0.0% | $198,100 | Low | NatWest Group — UK banking group |
| $OUST · OUSTER INC | 0.0% | $32,483 | Low | LiDAR sensors for autonomy and robotics |
| $PR · PERMIAN RESOURCES CORP | 0.0% | $47,986 | Low | Permian Basin oil and gas producer |
| $PSIX · POWER SOLUTIONS INTL INC | 0.0% | $980,415 | Low | |
| $QXO · QXO INC | 0.0% | $1,739 | Low | Building-products distribution roll-up (Brad Jacobs) |
| $SYNA · SYNAPTICS INC | 0.0% | $772,139 | Low | Human-interface and IoT semiconductors |
| THE BALDWIN INSURANCE GRP IN | 0.0% | $8,906 | Low | |
| $BURL · BURLINGTON STORES INC | 0.0% | $1,011,610 | Low | Off-price apparel and home retailer |
| $CBRE · CBRE GROUP INC | 0.0% | $296,815 | Low | Global commercial real estate services |
| $INDA · ISHARES TR | 0.0% | $994,346 | Low | BlackRock iShares ETF family (index funds) |
| $KSPI · KASPI KZ JSC | 0.0% | $392,064 | Low | |
| $LLYVK* · LIBERTY MEDIA CORP DEL | 0.0% | $15,253 | Low | Media holding company (Formula 1, SiriusXM stakes) |
| $MDGL · MADRIGAL PHARMACEUTICALS INC | 0.0% | $306,751 | Low | Biopharma for liver disease (NASH/MASH) |
| $VAC · MARRIOTT VACATIONS WORLDWIDE | 0.0% | $225,875 | Low | |
| $OPRA · OPERA LTD | 0.0% | $37,008 | Low | Web browser and internet software company |
| $OXM · OXFORD INDS INC | 0.0% | $43,013 | Low | Apparel brands (Tommy Bahama, Lilly Pulitzer) |
| Issuer | % book | Δ shares | Conviction | Business |
|---|
| $NVDA · NVIDIA CORPORATION | 11.5% | +177% | Med | GPUs and AI accelerator chips |
| $PDD · PDD HOLDINGS INC | 9.6% | +216% | Low | Pinduoduo and Temu e-commerce platforms |
| $VNET · VNET GROUP INC | 2.4% | +172% | Low | Chinese data center and internet infrastructure |
| $WRD · WERIDE INC | 2.2% | +5436084% | Low | Chinese autonomous-driving technology |
| $TSM · TAIWAN SEMICONDUCTOR MFG LTD | 1.4% | +105% | Low | World's largest contract chip manufacturer (foundry) |
| $TTMI · TTM TECHNOLOGIES INC | 1.3% | +155% | Low | Printed circuit board manufacturer |
| SEAGATE TECHNOLOGY HLDNGS PL | 1.3% | +256% | Low | Hard disk drive and data storage maker |
| $BSX · BOSTON SCIENTIFIC CORP | 1.2% | +625% | Low | Medical devices (cardiology, endoscopy) |
| $ONTO · ONTO INNOVATION INC | 1.1% | +82% | Low | Semiconductor metrology and inspection |
| $ADSK · AUTODESK INC | 0.9% | +77% | Low | Design and engineering software (AutoCAD) |
| $HON · HONEYWELL INTL INC | 0.8% | +176% | Low | Aerospace, automation and industrial technology |
| $ANET · ARISTA NETWORKS INC | 0.8% | +139% | Low | Data-center and cloud networking switches |
| $MAS · MASCO CORP | 0.8% | +232% | Low | Home improvement and building products (Delta, Behr) |
| CHINA YUCHAI INTL LTD | 0.7% | +275% | Low | |
| $JNJ · JOHNSON & JOHNSON | 0.5% | +296% | Low | |
| $N1UA · NEW ORIENTAL ED & TECHNOLOGY | 0.5% | +111% | Low | |
| $COF · CAPITAL ONE FINL CORP | 0.4% | +170% | Low | Credit cards and consumer banking |
| $OSK · OSHKOSH CORP | 0.4% | +6411% | Low | Specialty trucks and access equipment maker |
| $WMT · WALMART INC | 0.4% | +479% | Low | World's largest retailer; stores and e-commerce |
| $RBLX · ROBLOX CORP | 0.4% | +39% | Low | Online gaming and user-generated-content platform |
| $DAL · DELTA AIR LINES INC DEL | 0.4% | +36% | Low | Major US passenger airline |
| $CHR · CHURCHILL DOWNS INC | 0.3% | +373894% | Low | |
| $TMO · THERMO FISHER SCIENTIFIC INC | 0.3% | +40% | Low | Lab equipment, reagents and life-science tools |
| $KDP · KEURIG DR PEPPER INC | 0.3% | +389% | Low | Coffee systems and soft-drink beverages |
| $NTRA · NATERA INC | 0.3% | +634% | Low | Genetic testing and diagnostics |
| $AN · AUTONATION INC | 0.3% | +105% | Low | Auto dealership group |
| $HPE · HEWLETT PACKARD ENTERPRISE C | 0.3% | +389% | Low | Enterprise servers, storage and networking |
| $MKTX · MARKETAXESS HLDGS INC | 0.2% | +260% | Low | Electronic fixed-income (bond) trading platform |
| $TER · TERADYNE INC | 0.2% | +71% | Low | Semiconductor test equipment and robotics |
| $ALLY · ALLY FINL INC | 0.2% | +46% | Low | Digital banking and auto lending |
| $MCX · MCCORMICK & CO INC | 0.2% | +171% | Low | |
| $ZBRA · ZEBRA TECHNOLOGIES CORPORATI | 0.2% | +159% | Low | Barcode scanners and enterprise mobility devices |
| $CBSH · COMMERCE BANCSHARES INC | 0.2% | +2758% | Low | US Midwest regional bank holding company |
| $AOS · SMITH A O CORP | 0.2% | +196% | Low | Water heaters and water-treatment products |
| $SLAB · SILICON LABORATORIES INC | 0.1% | +90% | Low | Wireless and IoT semiconductors |
| $AMKR · AMKOR TECHNOLOGY INC | 0.1% | +737% | Low | Semiconductor packaging and test services |
| $EIX · EDISON INTL | 0.1% | +29% | Low | Southern California electric utility |
| $NWSA · NEWS CORP NEW | 0.1% | +56% | Low | Newspaper, book and digital publishing (News Corp) |
| $SFM · SPROUTS FMRS MKT INC | 0.1% | +50% | Low | Natural and organic grocery retailer |
| $K6B · KBR INC | 0.1% | +1095% | Low | Engineering, defense and government services |
| $AIT · APPLIED INDL TECHNOLOGIES IN | 0.1% | +1967% | Low | Industrial parts and components distributor |
| $AWI · ARMSTRONG WORLD INDS INC NEW | 0.1% | +99% | Low | Ceiling and wall systems |
| $EAT · BRINKER INTL INC | 0.1% | +140% | Low | Restaurant operator (Chili's, Maggiano's) |
| $FIVE · FIVE BELOW INC | 0.1% | +47% | Low | Discount retailer for teens (value items) |
| $WTS · WATTS WATER TECHNOLOGIES INC | 0.1% | +560% | Low | |
| $AMD · ADVANCED MICRO DEVICES INC | 0.1% | +213% | Low | CPUs and GPUs (AMD) |
| $CELH · CELSIUS HLDGS INC | 0.1% | +141% | Low | Energy and fitness drinks |
| $CGNX · COGNEX CORP | 0.1% | +718% | Low | Machine vision systems for factory automation |
| $DTM · DT MIDSTREAM INC | 0.1% | +8358% | Low | Natural gas pipelines and storage |
| $MAN · MANPOWERGROUP INC WIS | 0.1% | +123% | Low | Staffing and workforce solutions |
| $SSD · SIMPSON MFG INC | 0.1% | +136% | Low | |
| $MORN · MORNINGSTAR INC | 0.1% | +284% | Low | Investment research and ratings provider |
| TECHNIPFMC PLC | 0.1% | +811% | Low | Oil and gas subsea engineering and equipment |
| $B · BARRICK MNG CORP | 0.1% | +138% | Low | Global gold and copper mining |
| $INSP · INSPIRE MED SYS INC | 0.1% | +124% | Low | Sleep apnea implant devices |
| $LEVI · LEVI STRAUSS & CO NEW | 0.1% | +18679% | Low | Denim and apparel (Levi's) |
| $SEI · SOLARIS ENERGY INFRAS INC | 0.1% | +5145% | Low | Mobile power and oilfield logistics equipment |
| $UGI · UGI CORP NEW | 0.1% | +51% | Low | Natural gas and propane utility/distribution |
| $AZNN · ASTRAZENECA PLC | 0.1% | +217% | Low | UK global biopharmaceutical company |
| $LNC · LINCOLN NATL CORP IND | 0.1% | +109% | Low | Life insurance and annuities (Lincoln Financial) |
| $BKH · BLACK HILLS CORP | 0.0% | +585% | Low | |
| $HOMB · HOME BANCSHARES INC | 0.0% | +195% | Low | Regional bank holding company (Arkansas) |
| $AMG · AFFILIATED MANAGERS GROUP IN | 0.0% | +2187% | Low | |
| CREDICORP LTD | 0.0% | +290% | Low | Peruvian banking and financial group |
| $TENB · TENABLE HLDGS INC | 0.0% | +94% | Low | Cybersecurity vulnerability management |
| $VFC · V F CORP | 0.0% | +939% | Low | Apparel brands (Vans, The North Face, Timberland) |
| $ALSN · ALLISON TRANSMISSION HLDGS I | 0.0% | +29% | Low | |
| $VRSK · VERISK ANALYTICS INC | 0.0% | +45% | Low | Insurance data analytics and risk modeling |
| AXALTA COATING SYS LTD | 0.0% | +277% | Low | |
| AXIS CAP HLDGS LTD | 0.0% | +291% | Low | Specialty insurance and reinsurance (Bermuda) |
| ROIVANT SCIENCES LTD | 0.0% | +287% | Low | Biopharma holding company (vants) |
| $SEDG · SOLAREDGE TECHNOLOGIES INC | 0.0% | +14344% | Low | Solar power inverters and optimizers |
| $OVV · OVINTIV INC | 0.0% | +1732% | Low | Oil and gas exploration and production |
| $VNT · VONTIER CORPORATION | 0.0% | +111% | Low | |
| $SMG · SCOTTS MIRACLE-GRO CO | 0.0% | +123% | Low | Lawn, garden and hydroponics products |
| $KVYO · KLAVIYO INC | 0.0% | +93% | Low | |
| $SON · SONOCO PRODS CO | 0.0% | +32% | Low | Packaging products and containers |
| JFROG LTD | 0.0% | +771% | Low | DevOps software supply-chain platform |
| $DV · DOUBLEVERIFY HLDGS INC | 0.0% | +1660% | Low | Digital advertising measurement and verification |
| $IRT · INDEPENDENCE RLTY TR INC | 0.0% | +27% | Low | |
| $NWS · NEWS CORP NEW | 0.0% | +1347% | Low | Newspaper, book and digital publishing (News Corp) |