# EDGAR Filing Document

**Accession Number:** 0001990849
**File Stem:** 0001990849-26-000002
**Filing Date:** 2026-1
**Character Count:** 29704
**Document Hash:** 44367a61dd5ff53d8be1802fd116c318
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001990849-26-000002.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001990849-26-000002

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**EFFECTIVENESS DATE**: 20260127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LECAP ASSET MANAGEMENT LTD
- **CENTRAL INDEX KEY:** 0001990849

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23546
- **FILM NUMBER:** 26562759

**BUSINESS ADDRESS:**
- **STREET 1:** MICHELIN HOUSE
- **STREET 2:** 81 FULHAM ROAD
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** SW3 6RD
- **BUSINESS PHONE:** 0011442031963166

**MAIL ADDRESS:**
- **STREET 1:** MICHELIN HOUSE
- **STREET 2:** 81 FULHAM ROAD
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** SW3 6RD

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** LECAP ASSET MANAGEMENT LTD<br>**Address:** MICHELIN HOUSE<br>81 FULHAM ROAD<br>LONDON, X0 SW3 6RD

**Form 13F File Number:** 028-23546

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Robert Green<br>**Title:** COO<br>**Phone:** 02031963166

**Signature, Place, and Date of Signing:**

Robert Green  London, X0  01-27-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 277

**Form 13F Information Table Value Total:** $251083037

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 205729 | 1285 | SH |  | SOLE |  | 1285 | 0 | 0 |
| ACUITY INC | COM | 00508Y102 |  | 1203254 | 3342 | SH |  | SOLE |  | 3342 | 0 | 0 |
| ADT INC DEL | COM | 00090Q103 |  | 221441 | 27440 | SH |  | SOLE |  | 27440 | 0 | 0 |
| ADVANCED DRAIN SYS INC DEL | COM | 00790R104 |  | 1056969 | 7298 | SH |  | SOLE |  | 7298 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 223797 | 1045 | SH |  | SOLE |  | 1045 | 0 | 0 |
| AECOM | COM | 00766T100 |  | 1410979 | 14801 | SH |  | SOLE |  | 14801 | 0 | 0 |
| AFFILIATED MANAGERS GROUP IN | COM | 008252108 |  | 1062312 | 3685 | SH |  | SOLE |  | 3685 | 0 | 0 |
| AFFIRM HLDGS INC | COM CL A | 00827B106 |  | 495481 | 6657 | SH |  | SOLE |  | 6657 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 1549837 | 11390 | SH |  | SOLE |  | 11390 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 568667 | 4190 | SH |  | SOLE |  | 4190 | 0 | 0 |
| ALASKA AIR GROUP INC | COM | 011659109 |  | 297072 | 5906 | SH |  | SOLE |  | 5906 | 0 | 0 |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 |  | 2006295 | 40995 | SH |  | SOLE |  | 40995 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 1813838 | 11616 | SH |  | SOLE |  | 11616 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 468584 | 2943 | SH |  | SOLE |  | 2943 | 0 | 0 |
| ALLEGRO MICROSYSTEMS INC | COM | 01749D105 |  | 783380 | 29696 | SH |  | SOLE |  | 29696 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 883254 | 9022 | SH |  | SOLE |  | 9022 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 1907278 | 9163 | SH |  | SOLE |  | 9163 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 457695 | 1151 | SH |  | SOLE |  | 1151 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 239130 | 1036 | SH |  | SOLE |  | 1036 | 0 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 527030 | 34379 | SH |  | SOLE |  | 34379 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 334812 | 1907 | SH |  | SOLE |  | 1907 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 405511 | 827 | SH |  | SOLE |  | 827 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 434395 | 1231 | SH |  | SOLE |  | 1231 | 0 | 0 |
| APPFOLIO INC | COM CL A | 03783C100 |  | 519507 | 2233 | SH |  | SOLE |  | 2233 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 391478 | 1440 | SH |  | SOLE |  | 1440 | 0 | 0 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 |  | 1152127 | 4487 | SH |  | SOLE |  | 4487 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 1205618 | 12569 | SH |  | SOLE |  | 12569 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 526610 | 4019 | SH |  | SOLE |  | 4019 | 0 | 0 |
| ARMSTRONG WORLD INDS INC NEW | COM | 04247X102 |  | 751596 | 3933 | SH |  | SOLE |  | 3933 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 746979 | 4607 | SH |  | SOLE |  | 4607 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 556203 | 1879 | SH |  | SOLE |  | 1879 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 2006137 | 7799 | SH |  | SOLE |  | 7799 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 273392 | 2355 | SH |  | SOLE |  | 2355 | 0 | 0 |
| BATH  BODY WORKS INC | COM | 070830104 |  | 1113637 | 55460 | SH |  | SOLE |  | 55460 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 879638 | 1750 | SH |  | SOLE |  | 1750 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 2018877 | 30164 | SH |  | SOLE |  | 30164 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 963306 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 291325 | 1890 | SH |  | SOLE |  | 1890 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 540888 | 101 | SH |  | SOLE |  | 101 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 |  | 876552 | 19453 | SH |  | SOLE |  | 19453 | 0 | 0 |
| BOSTON BEER INC | CL A | 100557107 |  | 312989 | 1604 | SH |  | SOLE |  | 1604 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 1755203 | 18408 | SH |  | SOLE |  | 18408 | 0 | 0 |
| BOYD GAMING CORP | COM | 103304101 |  | 249924 | 2932 | SH |  | SOLE |  | 2932 | 0 | 0 |
| BRIGHT HORIZONS FAM SOL IN D | COM | 109194100 |  | 1168736 | 11526 | SH |  | SOLE |  | 11526 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 482817 | 8951 | SH |  | SOLE |  | 8951 | 0 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 1076646 | 41062 | SH |  | SOLE |  | 41062 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 1914971 | 5533 | SH |  | SOLE |  | 5533 | 0 | 0 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 912621 | 35020 | SH |  | SOLE |  | 35020 | 0 | 0 |
| CACI INTL INC | CL A | 127190304 |  | 1691672 | 3175 | SH |  | SOLE |  | 3175 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 1054958 | 3375 | SH |  | SOLE |  | 3375 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 1278449 | 5275 | SH |  | SOLE |  | 5275 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 513194 | 16804 | SH |  | SOLE |  | 16804 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 795982 | 15064 | SH |  | SOLE |  | 15064 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 252515 | 1854 | SH |  | SOLE |  | 1854 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 2117579 | 51460 | SH |  | SOLE |  | 51460 | 0 | 0 |
| CHEMED CORP NEW | COM | 16359R103 |  | 903212 | 2111 | SH |  | SOLE |  | 2111 | 0 | 0 |
| CHEWY INC | CL A | 16679L109 |  | 2160412 | 65368 | SH |  | SOLE |  | 65368 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 1752465 | 20900 | SH |  | SOLE |  | 20900 | 0 | 0 |
| CHURCHILL DOWNS INC | COM | 171484108 |  | 240872 | 2117 | SH |  | SOLE |  | 2117 | 0 | 0 |
| CIRRUS LOGIC INC | COM | 172755100 |  | 888158 | 7495 | SH |  | SOLE |  | 7495 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 1246528 | 21341 | SH |  | SOLE |  | 21341 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 322735 | 1637 | SH |  | SOLE |  | 1637 | 0 | 0 |
| CNA FINL CORP | COM | 126117100 |  | 309594 | 6485 | SH |  | SOLE |  | 6485 | 0 | 0 |
| COGNEX CORP | COM | 192422103 |  | 1004562 | 27920 | SH |  | SOLE |  | 27920 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 1488372 | 8064 | SH |  | SOLE |  | 8064 | 0 | 0 |
| CONCENTRIX CORP | COM | 20602D101 |  | 673180 | 16190 | SH |  | SOLE |  | 16190 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 1875481 | 47905 | SH |  | SOLE |  | 47905 | 0 | 0 |
| CRANE NXT CO | COM | 224441105 |  | 438128 | 9308 | SH |  | SOLE |  | 9308 | 0 | 0 |
| CROCS INC | COM | 227046109 |  | 604541 | 7069 | SH |  | SOLE |  | 7069 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 1841386 | 20720 | SH |  | SOLE |  | 20720 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 1243617 | 34497 | SH |  | SOLE |  | 34497 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 2152568 | 4217 | SH |  | SOLE |  | 4217 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 745211 | 5174 | SH |  | SOLE |  | 5174 | 0 | 0 |
| DARLING INGREDIENTS INC | COM | 237266101 |  | 610380 | 16955 | SH |  | SOLE |  | 16955 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 991929 | 8731 | SH |  | SOLE |  | 8731 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 1983622 | 19134 | SH |  | SOLE |  | 19134 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 2195918 | 33086 | SH |  | SOLE |  | 33086 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 833386 | 12184 | SH |  | SOLE |  | 12184 | 0 | 0 |
| DONALDSON INC | COM | 257651109 |  | 257557 | 2905 | SH |  | SOLE |  | 2905 | 0 | 0 |
| DOUBLEVERIFY HLDGS INC | COM | 25862V105 |  | 430247 | 37609 | SH |  | SOLE |  | 37609 | 0 | 0 |
| DOXIMITY INC | CL A | 26622P107 |  | 491021 | 11089 | SH |  | SOLE |  | 11089 | 0 | 0 |
| DUTCH BROS INC | CL A | 26701L100 |  | 325568 | 5318 | SH |  | SOLE |  | 5318 | 0 | 0 |
| DXC TECHNOLOGY CO | COM | 23355L106 |  | 317949 | 21703 | SH |  | SOLE |  | 21703 | 0 | 0 |
| DYNATRACE INC | COM NEW | 268150109 |  | 544350 | 12560 | SH |  | SOLE |  | 12560 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 450917 | 5177 | SH |  | SOLE |  | 5177 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 1071081 | 12564 | SH |  | SOLE |  | 12564 | 0 | 0 |
| ELASTIC N V | ORD SHS | N14506104 |  | 553730 | 7340 | SH |  | SOLE |  | 7340 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 1356246 | 1262 | SH |  | SOLE |  | 1262 | 0 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 450277 | 736 | SH |  | SOLE |  | 736 | 0 | 0 |
| ENVISTA HOLDINGS CORPORATION | COM | 29415F104 |  | 386004 | 17780 | SH |  | SOLE |  | 17780 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 791109 | 3646 | SH |  | SOLE |  | 3646 | 0 | 0 |
| EQUITABLE HLDGS INC | COM | 29452E101 |  | 1663223 | 34905 | SH |  | SOLE |  | 34905 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 |  | 547672 | 9036 | SH |  | SOLE |  | 9036 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 1454333 | 23070 | SH |  | SOLE |  | 23070 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 1758512 | 5182 | SH |  | SOLE |  | 5182 | 0 | 0 |
| EVERUS CONSTR GROUP | COM | 300426103 |  | 624502 | 7299 | SH |  | SOLE |  | 7299 | 0 | 0 |
| EXELIXIS INC | COM | 30161Q104 |  | 510751 | 11653 | SH |  | SOLE |  | 11653 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 490126 | 1730 | SH |  | SOLE |  | 1730 | 0 | 0 |
| F N B CORP | COM | 302520101 |  | 550483 | 32192 | SH |  | SOLE |  | 32192 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 512258 | 303 | SH |  | SOLE |  | 303 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 1151888 | 5174 | SH |  | SOLE |  | 5174 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 1009369 | 18490 | SH |  | SOLE |  | 18490 | 0 | 0 |
| FIRST AMERN FINL CORP | COM | 31847R102 |  | 507740 | 8264 | SH |  | SOLE |  | 8264 | 0 | 0 |
| FIRST HAWAIIAN INC | COM | 32051X108 |  | 281614 | 11131 | SH |  | SOLE |  | 11131 | 0 | 0 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 489807 | 20494 | SH |  | SOLE |  | 20494 | 0 | 0 |
| FIRST INDL RLTY TR INC | COM | 32054K103 |  | 267737 | 4675 | SH |  | SOLE |  | 4675 | 0 | 0 |
| FLOOR  DECOR HLDGS INC | CL A | 339750101 |  | 1010165 | 16590 | SH |  | SOLE |  | 16590 | 0 | 0 |
| FLOWERS FOODS INC | COM | 343498101 |  | 189040 | 17375 | SH |  | SOLE |  | 17375 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 1034317 | 14908 | SH |  | SOLE |  | 14908 | 0 | 0 |
| FORTUNE BRANDS INNOVATIONS I | COM | 34964C106 |  | 760504 | 15204 | SH |  | SOLE |  | 15204 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 1147183 | 17668 | SH |  | SOLE |  | 17668 | 0 | 0 |
| GAP INC | COM | 364760108 |  | 730035 | 28517 | SH |  | SOLE |  | 28517 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 1241036 | 6118 | SH |  | SOLE |  | 6118 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 398678 | 610 | SH |  | SOLE |  | 610 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 1343325 | 16519 | SH |  | SOLE |  | 16519 | 0 | 0 |
| GENPACT LIMITED | SHS | G3922B107 |  | 245174 | 5241 | SH |  | SOLE |  | 5241 | 0 | 0 |
| GENTEX CORP | COM | 371901109 |  | 372460 | 16006 | SH |  | SOLE |  | 16006 | 0 | 0 |
| GITLAB INC | CLASS A COM | 37637K108 |  | 204201 | 5441 | SH |  | SOLE |  | 5441 | 0 | 0 |
| GLOBANT S A | COM | L44385109 |  | 488445 | 7472 | SH |  | SOLE |  | 7472 | 0 | 0 |
| GLOBUS MED INC | CL A | 379577208 |  | 1202957 | 13778 | SH |  | SOLE |  | 13778 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 1435482 | 11569 | SH |  | SOLE |  | 11569 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 571331 | 6970 | SH |  | SOLE |  | 6970 | 0 | 0 |
| GRAND CANYON ED INC | COM | 38526M106 |  | 1087002 | 6536 | SH |  | SOLE |  | 6536 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 616670 | 9163 | SH |  | SOLE |  | 9163 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 1650568 | 11978 | SH |  | SOLE |  | 11978 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 1686583 | 104887 | SH |  | SOLE |  | 104887 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 547211 | 1905 | SH |  | SOLE |  | 1905 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 1910762 | 107770 | SH |  | SOLE |  | 107770 | 0 | 0 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 701986 | 4030 | SH |  | SOLE |  | 4030 | 0 | 0 |
| HUBSPOT INC | COM | 443573100 |  | 243589 | 607 | SH |  | SOLE |  | 607 | 0 | 0 |
| IAC INC | COM NEW | 44891N208 |  | 699304 | 17885 | SH |  | SOLE |  | 17885 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 625633 | 4770 | SH |  | SOLE |  | 4770 | 0 | 0 |
| INSPIRE MED SYS INC | COM | 457730109 |  | 1015452 | 11010 | SH |  | SOLE |  | 11010 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 2537979 | 8929 | SH |  | SOLE |  | 8929 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 211974 | 320 | SH |  | SOLE |  | 320 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 1045501 | 1846 | SH |  | SOLE |  | 1846 | 0 | 0 |
| INVESCO LTD | SHS | G491BT108 |  | 1215565 | 46272 | SH |  | SOLE |  | 46272 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 2446659 | 88041 | SH |  | SOLE |  | 88041 | 0 | 0 |
| IRIDIUM COMMUNICATIONS INC | COM | 46269C102 |  | 481096 | 27681 | SH |  | SOLE |  | 27681 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 244703 | 2950 | SH |  | SOLE |  | 2950 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 1010820 | 5946 | SH |  | SOLE |  | 5946 | 0 | 0 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 289276 | 4668 | SH |  | SOLE |  | 4668 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 395534 | 3303 | SH |  | SOLE |  | 3303 | 0 | 0 |
| KBR INC | COM | 48242W106 |  | 885887 | 22037 | SH |  | SOLE |  | 22037 | 0 | 0 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 755179 | 37256 | SH |  | SOLE |  | 37256 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 371881 | 5952 | SH |  | SOLE |  | 5952 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 774467 | 3087 | SH |  | SOLE |  | 3087 | 0 | 0 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 225368 | 5380 | SH |  | SOLE |  | 5380 | 0 | 0 |
| LANDSTAR SYS INC | COM | 515098101 |  | 844812 | 5879 | SH |  | SOLE |  | 5879 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 513625 | 7891 | SH |  | SOLE |  | 7891 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 405581 | 3873 | SH |  | SOLE |  | 3873 | 0 | 0 |
| LAZARD INC | COM | 52110M109 |  | 707179 | 14563 | SH |  | SOLE |  | 14563 | 0 | 0 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 563570 | 3124 | SH |  | SOLE |  | 3124 | 0 | 0 |
| LUCID GROUP INC | COM NEW | 549498202 |  | 281077 | 26592 | SH |  | SOLE |  | 26592 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 1674711 | 86459 | SH |  | SOLE |  | 86459 | 0 | 0 |
| MACYS INC | COM | 55616P104 |  | 730120 | 33112 | SH |  | SOLE |  | 33112 | 0 | 0 |
| MAPLEBEAR INC | COM | 565394103 |  | 2335272 | 51918 | SH |  | SOLE |  | 51918 | 0 | 0 |
| MARKETAXESS HLDGS INC | COM | 57060D108 |  | 1920525 | 10596 | SH |  | SOLE |  | 10596 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 1766336 | 9521 | SH |  | SOLE |  | 9521 | 0 | 0 |
| MASIMO CORP | COM | 574795100 |  | 1716272 | 13196 | SH |  | SOLE |  | 13196 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 680221 | 21066 | SH |  | SOLE |  | 21066 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 336193 | 1100 | SH |  | SOLE |  | 1100 | 0 | 0 |
| MEDPACE HLDGS INC | COM | 58506Q109 |  | 2124160 | 3782 | SH |  | SOLE |  | 3782 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 854762 | 10828 | SH |  | SOLE |  | 10828 | 0 | 0 |
| MGIC INVT CORP WIS | COM | 552848103 |  | 712588 | 24387 | SH |  | SOLE |  | 24387 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 1807736 | 28370 | SH |  | SOLE |  | 28370 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1678496 | 5881 | SH |  | SOLE |  | 5881 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 874300 | 6294 | SH |  | SOLE |  | 6294 | 0 | 0 |
| MILLROSE PPTYS INC | COM CL A | 601137102 |  | 535450 | 17926 | SH |  | SOLE |  | 17926 | 0 | 0 |
| MOHAWK INDS INC | COM | 608190104 |  | 430861 | 3942 | SH |  | SOLE |  | 3942 | 0 | 0 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 433937 | 9296 | SH |  | SOLE |  | 9296 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 1434081 | 3417 | SH |  | SOLE |  | 3417 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 251938 | 3286 | SH |  | SOLE |  | 3286 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 275859 | 540 | SH |  | SOLE |  | 540 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 2653341 | 6922 | SH |  | SOLE |  | 6922 | 0 | 0 |
| NCINO INC | COM | 63947X101 |  | 799019 | 31163 | SH |  | SOLE |  | 31163 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 463081 | 4939 | SH |  | SOLE |  | 4939 | 0 | 0 |
| NEW YORK TIMES CO | CL A | 650111107 |  | 651090 | 9379 | SH |  | SOLE |  | 9379 | 0 | 0 |
| NEXSTAR MEDIA GROUP INC | COMMON STOCK | 65336K103 |  | 880628 | 4337 | SH |  | SOLE |  | 4337 | 0 | 0 |
| NORDSON CORP | COM | 655663102 |  | 1670508 | 6948 | SH |  | SOLE |  | 6948 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2502457 | 13418 | SH |  | SOLE |  | 13418 | 0 | 0 |
| NVR INC | COM | 62944T105 |  | 948060 | 130 | SH |  | SOLE |  | 130 | 0 | 0 |
| OLLIES BARGAIN OUTLET HLDGS | COM | 681116109 |  | 1076480 | 9821 | SH |  | SOLE |  | 9821 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 205913 | 2550 | SH |  | SOLE |  | 2550 | 0 | 0 |
| ON HLDG AG | NAMEN AKT A | H5919C104 |  | 1918369 | 41273 | SH |  | SOLE |  | 41273 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 419175 | 7741 | SH |  | SOLE |  | 7741 | 0 | 0 |
| ONTO INNOVATION INC | COM | 683344105 |  | 1146853 | 7265 | SH |  | SOLE |  | 7265 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 221823 | 2432 | SH |  | SOLE |  | 2432 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 182591 | 25466 | SH |  | SOLE |  | 25466 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 2537954 | 29055 | SH |  | SOLE |  | 29055 | 0 | 0 |
| PENN ENTERTAINMENT INC | COM | 707569109 |  | 161011 | 10916 | SH |  | SOLE |  | 10916 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 765675 | 30750 | SH |  | SOLE |  | 30750 | 0 | 0 |
| POOL CORP | COM | 73278L105 |  | 526354 | 2301 | SH |  | SOLE |  | 2301 | 0 | 0 |
| PRIMERICA INC | COM | 74164M108 |  | 796007 | 3081 | SH |  | SOLE |  | 3081 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 1736149 | 19682 | SH |  | SOLE |  | 19682 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 706375 | 4929 | SH |  | SOLE |  | 4929 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 910471 | 7132 | SH |  | SOLE |  | 7132 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 2183264 | 18619 | SH |  | SOLE |  | 18619 | 0 | 0 |
| QIAGEN NV | COM SHS | N72482206 |  | 508836 | 11315 | SH |  | SOLE |  | 11315 | 0 | 0 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 327825 | 4015 | SH |  | SOLE |  | 4015 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 780364 | 4497 | SH |  | SOLE |  | 4497 | 0 | 0 |
| RBC BEARINGS INC | COM | 75524B104 |  | 453811 | 1012 | SH |  | SOLE |  | 1012 | 0 | 0 |
| REDDIT INC | CL A | 75734B100 |  | 1519211 | 6609 | SH |  | SOLE |  | 6609 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 269383 | 349 | SH |  | SOLE |  | 349 | 0 | 0 |
| REINSURANCE GRP OF AMERICA I | COM NEW | 759351604 |  | 643137 | 3161 | SH |  | SOLE |  | 3161 | 0 | 0 |
| RENAISSANCERE HLDGS LTD | COM | G7496G103 |  | 401496 | 1428 | SH |  | SOLE |  | 1428 | 0 | 0 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 392408 | 20269 | SH |  | SOLE |  | 20269 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 1886600 | 4849 | SH |  | SOLE |  | 4849 | 0 | 0 |
| ROKU INC | COM CL A | 77543R102 |  | 350748 | 3233 | SH |  | SOLE |  | 3233 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 1701287 | 3822 | SH |  | SOLE |  | 3822 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 1953798 | 10846 | SH |  | SOLE |  | 10846 | 0 | 0 |
| SAIA INC | COM | 78709Y105 |  | 1692027 | 5182 | SH |  | SOLE |  | 5182 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 |  | 1034739 | 4359 | SH |  | SOLE |  | 4359 | 0 | 0 |
| SAREPTA THERAPEUTICS INC | COM | 803607100 |  | 240723 | 11186 | SH |  | SOLE |  | 11186 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 606753 | 6073 | SH |  | SOLE |  | 6073 | 0 | 0 |
| SEABOARD CORP DEL | COM | 811543107 |  | 426703 | 96 | SH |  | SOLE |  | 96 | 0 | 0 |
| SENSATA TECHNOLOGIES HLDG PL | SHS | G8060N102 |  | 471420 | 14161 | SH |  | SOLE |  | 14161 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 2559192 | 16706 | SH |  | SOLE |  | 16706 | 0 | 0 |
| SHARKNINJA INC | COM SHS | G8068L108 |  | 910418 | 8136 | SH |  | SOLE |  | 8136 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 293770 | 1587 | SH |  | SOLE |  | 1587 | 0 | 0 |
| SITEONE LANDSCAPE SUPPLY INC | COM | 82982L103 |  | 987387 | 7927 | SH |  | SOLE |  | 7927 | 0 | 0 |
| SMITHFIELD FOODS INC | COM | 832248207 |  | 208986 | 9359 | SH |  | SOLE |  | 9359 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 324045 | 3313 | SH |  | SOLE |  | 3313 | 0 | 0 |
| SOTERA HEALTH CO | COM | 83601L102 |  | 638886 | 36218 | SH |  | SOLE |  | 36218 | 0 | 0 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 498853 | 12070 | SH |  | SOLE |  | 12070 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 499411 | 860 | SH |  | SOLE |  | 860 | 0 | 0 |
| SPROUTS FMRS MKT INC | COM | 85208M102 |  | 1357417 | 17038 | SH |  | SOLE |  | 17038 | 0 | 0 |
| STANLEY BLACK  DECKER INC | COM | 854502101 |  | 1695812 | 22830 | SH |  | SOLE |  | 22830 | 0 | 0 |
| STIFEL FINL CORP | COM | 860630102 |  | 1379298 | 11015 | SH |  | SOLE |  | 11015 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 475192 | 1856 | SH |  | SOLE |  | 1856 | 0 | 0 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 330206 | 2198 | SH |  | SOLE |  | 2198 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 212464 | 416 | SH |  | SOLE |  | 416 | 0 | 0 |
| TERADATA CORP DEL | COM | 88076W103 |  | 443754 | 14578 | SH |  | SOLE |  | 14578 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 1624356 | 8392 | SH |  | SOLE |  | 8392 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 447471 | 995 | SH |  | SOLE |  | 995 | 0 | 0 |
| TETRA TECH INC NEW | COM | 88162G103 |  | 1163100 | 34678 | SH |  | SOLE |  | 34678 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 914805 | 32824 | SH |  | SOLE |  | 32824 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 303028 | 1101 | SH |  | SOLE |  | 1101 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 1474349 | 9598 | SH |  | SOLE |  | 9598 | 0 | 0 |
| TOAST INC | CL A | 888787108 |  | 2099458 | 59123 | SH |  | SOLE |  | 59123 | 0 | 0 |
| TORO CO | COM | 891092108 |  | 531360 | 6750 | SH |  | SOLE |  | 6750 | 0 | 0 |
| TRADEWEB MKTS INC | CL A | 892672106 |  | 1268542 | 11796 | SH |  | SOLE |  | 11796 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 1942497 | 4991 | SH |  | SOLE |  | 4991 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 |  | 449807 | 5741 | SH |  | SOLE |  | 5741 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 690575 | 4855 | SH |  | SOLE |  | 4855 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 596283 | 10172 | SH |  | SOLE |  | 10172 | 0 | 0 |
| U HAUL HOLDING COMPANY | COM SER N | 023586506 |  | 330639 | 7074 | SH |  | SOLE |  | 7074 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 372189 | 4555 | SH |  | SOLE |  | 4555 | 0 | 0 |
| UIPATH INC | CL A | 90364P105 |  | 1467593 | 89542 | SH |  | SOLE |  | 89542 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 520634 | 4656 | SH |  | SOLE |  | 4656 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 410151 | 4135 | SH |  | SOLE |  | 4135 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 339126 | 696 | SH |  | SOLE |  | 696 | 0 | 0 |
| UNIVERSAL DISPLAY CORP | COM | 91347P105 |  | 908432 | 7779 | SH |  | SOLE |  | 7779 | 0 | 0 |
| UNUM GROUP | COM | 91529Y106 |  | 1671908 | 21573 | SH |  | SOLE |  | 21573 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 1275357 | 23901 | SH |  | SOLE |  | 23901 | 0 | 0 |
| V F CORP | COM | 918204108 |  | 467874 | 25878 | SH |  | SOLE |  | 25878 | 0 | 0 |
| VALMONT INDS INC | COM | 920253101 |  | 906829 | 2254 | SH |  | SOLE |  | 2254 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 1534417 | 15378 | SH |  | SOLE |  | 15378 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 2440905 | 10912 | SH |  | SOLE |  | 10912 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 331298 | 8134 | SH |  | SOLE |  | 8134 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 564433 | 1245 | SH |  | SOLE |  | 1245 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 1466353 | 9051 | SH |  | SOLE |  | 9051 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 2542020 | 90399 | SH |  | SOLE |  | 90399 | 0 | 0 |
| VIKING HOLDINGS LTD | ORD SHS | G93A5A101 |  | 567067 | 7941 | SH |  | SOLE |  | 7941 | 0 | 0 |
| VOYA FINANCIAL INC | COM | 929089100 |  | 667207 | 8957 | SH |  | SOLE |  | 8957 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 1945330 | 17461 | SH |  | SOLE |  | 17461 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 671919 | 1769 | SH |  | SOLE |  | 1769 | 0 | 0 |
| WEBSTER FINL CORP | COM | 947890109 |  | 584335 | 9284 | SH |  | SOLE |  | 9284 | 0 | 0 |
| WENDYS CO | COM | 95058W100 |  | 187350 | 22491 | SH |  | SOLE |  | 22491 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 620166 | 2254 | SH |  | SOLE |  | 2254 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 862728 | 5008 | SH |  | SOLE |  | 5008 | 0 | 0 |
| WEX INC | COM | 96208T104 |  | 298854 | 2006 | SH |  | SOLE |  | 2006 | 0 | 0 |
| WHITE MTNS INS GROUP LTD | COM | G9618E107 |  | 706530 | 340 | SH |  | SOLE |  | 340 | 0 | 0 |
| WINTRUST FINL CORP | COM | 97650W108 |  | 459029 | 3283 | SH |  | SOLE |  | 3283 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 341930 | 1592 | SH |  | SOLE |  | 1592 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 202822 | 1612 | SH |  | SOLE |  | 1612 | 0 | 0 |
| ZOOM COMMUNICATIONS INC | CL A | 98980L101 |  | 731135 | 8473 | SH |  | SOLE |  | 8473 | 0 | 0 |

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