# EDGAR Filing Document

**Accession Number:** 0001167212
**File Stem:** 0000919574-25-004664
**Filing Date:** 2025-8
**Character Count:** 33478
**Document Hash:** 8269f8142eb87aa9abdddc7d2862da88
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-25-004664.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0000919574-25-004664

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250813

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEEDHAM INVESTMENT MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001167212

**ORGANIZATION NAME:**
- **EIN:** 223408336
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10095
- **FILM NUMBER:** 251213333

**BUSINESS ADDRESS:**
- **STREET 1:** 250 PARK AVENUE, 10TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10177
- **BUSINESS PHONE:** 212-705-0404

**MAIL ADDRESS:**
- **STREET 1:** 250 PARK AVENUE, 10TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10177

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** NEEDHAM INVESTMENT MANAGEMENT LLC<br>**Address:** 250 PARK AVENUE 10TH FLOOR<br>NEW YORK, NY 10177

**Form 13F File Number:** 028-10095

**CRD Number (if applicable):** 000106783

**SEC File Number (if applicable):** 801-50449

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:** James W. Giangrasso<br>**Title:** Chief Financial Officer<br>**Phone:** 212-705-0404

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

/s/ James W. Giangrasso  New York, NY  08-13-2025<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:** 4

**Form 13F Information Table Entry Total:** 302

**Form 13F Information Table Value Total:** $1253942445

      (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.]

| No.   | Name                                | Form 13F File Number   |
|:---|:---|:---|
|  | NEEDHAM EMERGING GROWTH PARTNERS LP | 028-11515              |
|  | NEEDHAM GROWTH FUND                 | 028-11514              |
|  | Needham Small Cap Growth Fund       | 028-14743              |
|  | Needham Aggressive Growth Fund      | 028-14744              |

### 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 |
| 908 DEVICES INC | COM | 65443P102 |  | 855600 | 120000 | SH |  | DFND | 1 | 120000 | 0 | 0 |
| 908 DEVICES INC | COM | 65443P102 |  | 213900 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| ABRDN HEALTHCARE INVESTORS | SH BEN INT | 87911J103 |  | 2995890 | 193408 | SH |  | DFND | 1 | 193408 | 0 | 0 |
| ABRDN HEALTHCARE INVESTORS | SH BEN INT | 87911J103 |  | 1390537 | 89770 | SH |  | SOLE |  | 89770 | 0 | 0 |
| ABRDN LIFE SCIENCES INVESTOR | SH BEN INT | 87911K100 |  | 3637886 | 283988 | SH |  | DFND | 1 | 283988 | 0 | 0 |
| ABRDN LIFE SCIENCES INVESTOR | SH BEN INT | 87911K100 |  | 1378189 | 107587 | SH |  | SOLE |  | 107587 | 0 | 0 |
| ADTRAN HOLDINGS INC | COM | 00486H105 |  | 627900 | 70000 | SH |  | DFND | 2 | 70000 | 0 | 0 |
| ADTRAN HOLDINGS INC | COM | 00486H105 |  | 8297250 | 925000 | SH |  | DFND | 3 | 925000 | 0 | 0 |
| ADTRAN HOLDINGS INC | COM | 00486H105 |  | 1121250 | 125000 | SH |  | DFND | 4 | 125000 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 1453477 | 24850 | SH |  | DFND | 1 | 24850 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 1178574 | 20150 | SH |  | SOLE |  | 20150 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 4865360 | 61000 | SH |  | DFND | 2 | 61000 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 717840 | 9000 | SH |  | DFND | 3 | 9000 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 9252160 | 116000 | SH |  | DFND | 4 | 116000 | 0 | 0 |
| ALLEGRO MICROSYSTEMS INC | COM | 01749D105 |  | 1709500 | 50000 | SH |  | DFND | 3 | 50000 | 0 | 0 |
| ALPHA PRO TECH LTD | COM | 020772109 |  | 2872625 | 612500 | SH |  | DFND | 4 | 612500 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 704920 | 4000 | SH |  | DFND | 2 | 4000 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 2380200 | 10000 | SH |  | DFND | 2 | 10000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 974558 | 4750 | SH |  | DFND | 2 | 4750 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 2810829 | 13700 | SH |  | DFND | 4 | 13700 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 1510328 | 8250 | SH |  | DFND | 2 | 8250 | 0 | 0 |
| ARLO TECHNOLOGIES INC | COM | 04206A101 |  | 22175200 | 1307500 | SH |  | DFND | 4 | 1307500 | 0 | 0 |
| ARTERIS INC | COM | 04302A104 |  | 5098550 | 535000 | SH |  | DFND | 3 | 535000 | 0 | 0 |
| ARTERIS INC | COM | 04302A104 |  | 23062600 | 2420000 | SH |  | DFND | 4 | 2420000 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 2203823 | 2750 | SH |  | DFND | 2 | 2750 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 2404170 | 3000 | SH |  | DFND | 4 | 3000 | 0 | 0 |
| ASPEN AEROGELS INC | COM | 04523Y105 |  | 821696 | 138800 | SH |  | DFND | 1 | 138800 | 0 | 0 |
| ASPEN AEROGELS INC | COM | 04523Y105 |  | 2590000 | 437500 | SH |  | DFND | 2 | 437500 | 0 | 0 |
| ASPEN AEROGELS INC | COM | 04523Y105 |  | 4585040 | 774500 | SH |  | DFND | 3 | 774500 | 0 | 0 |
| ASPEN AEROGELS INC | COM | 04523Y105 |  | 9590400 | 1620000 | SH |  | DFND | 4 | 1620000 | 0 | 0 |
| ASPEN AEROGELS INC | COM | 04523Y105 |  | 256928 | 43400 | SH |  | SOLE |  | 43400 | 0 | 0 |
| ASTRONICS CORP | COM | 046433108 |  | 8955900 | 267500 | SH |  | DFND | 4 | 267500 | 0 | 0 |
| ASURE SOFTWARE INC | COM | 04649U102 |  | 24351200 | 2495000 | SH |  | DFND | 4 | 2495000 | 0 | 0 |
| AXT INC | COM | 00246W103 |  | 156750 | 75000 | SH |  | DFND | 1 | 75000 | 0 | 0 |
| AXT INC | COM | 00246W103 |  | 627000 | 300000 | SH |  | DFND | 3 | 300000 | 0 | 0 |
| AXT INC | COM | 00246W103 |  | 38665 | 18500 | SH |  | SOLE |  | 18500 | 0 | 0 |
| BADGER METER INC | COM | 056525108 |  | 1469700 | 6000 | SH |  | DFND | 3 | 6000 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 2885188 | 16750 | SH |  | DFND | 2 | 16750 | 0 | 0 |
| BENTLEY SYS INC | COM CL B | 08265T208 |  | 809550 | 15000 | SH |  | DFND | 2 | 15000 | 0 | 0 |
| BENTLEY SYS INC | COM CL B | 08265T208 |  | 1619100 | 30000 | SH |  | DFND | 3 | 30000 | 0 | 0 |
| BENTLEY SYS INC | COM CL B | 08265T208 |  | 2293725 | 42500 | SH |  | DFND | 4 | 42500 | 0 | 0 |
| BIGCOMMERCE HLDGS INC | COM SER 1 | 08975P108 |  | 2125000 | 425000 | SH |  | DFND | 3 | 425000 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 3771540 | 18000 | SH |  | DFND | 1 | 18000 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 942885 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| BRIGHT HORIZONS FAM SOL IN D | COM | 109194100 |  | 1544875 | 12500 | SH |  | DFND | 2 | 12500 | 0 | 0 |
| BRIGHT HORIZONS FAM SOL IN D | COM | 109194100 |  | 11741050 | 95000 | SH |  | DFND | 4 | 95000 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 481455 | 8715 | SH |  | DFND | 1 | 8715 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 212967 | 3855 | SH |  | SOLE |  | 3855 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 2033010 | 32870 | SH |  | DFND | 1 | 32870 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 830274 | 13424 | SH |  | SOLE |  | 13424 | 0 | 0 |
| BRUKER CORP | COM | 116794108 |  | 1874600 | 45500 | SH |  | DFND | 2 | 45500 | 0 | 0 |
| BRUKER CORP | COM | 116794108 |  | 1545000 | 37500 | SH |  | DFND | 3 | 37500 | 0 | 0 |
| BRUKER CORP | COM | 116794108 |  | 5665000 | 137500 | SH |  | DFND | 4 | 137500 | 0 | 0 |
| CALIX INC | COM | 13100M509 |  | 2127600 | 40000 | SH |  | DFND | 3 | 40000 | 0 | 0 |
| CAMTEK LTD | ORD | M20791105 |  | 2114000 | 25000 | SH |  | DFND | 3 | 25000 | 0 | 0 |
| CAMTEK LTD | ORD | M20791105 |  | 2959600 | 35000 | SH |  | DFND | 4 | 35000 | 0 | 0 |
| CAREDX INC | COM | 14167L103 |  | 195400 | 10000 | SH |  | DFND | 1 | 10000 | 0 | 0 |
| CAREDX INC | COM | 14167L103 |  | 97700 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 4368650 | 65000 | SH |  | DFND | 2 | 65000 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 4536675 | 67500 | SH |  | DFND | 4 | 67500 | 0 | 0 |
| CARTERS INC | COM | 146229109 |  | 2304945 | 76500 | SH |  | DFND | 4 | 76500 | 0 | 0 |
| CENTURI HOLDINGS INC | COM SHS | 155923105 |  | 495991 | 22103 | SH |  | DFND | 1 | 22103 | 0 | 0 |
| CENTURI HOLDINGS INC | COM SHS | 155923105 |  | 1065900 | 47500 | SH |  | DFND | 2 | 47500 | 0 | 0 |
| CENTURI HOLDINGS INC | COM SHS | 155923105 |  | 504900 | 22500 | SH |  | DFND | 3 | 22500 | 0 | 0 |
| CENTURI HOLDINGS INC | COM SHS | 155923105 |  | 7180800 | 320000 | SH |  | DFND | 4 | 320000 | 0 | 0 |
| CENTURI HOLDINGS INC | COM SHS | 155923105 |  | 123981 | 5525 | SH |  | SOLE |  | 5525 | 0 | 0 |
| CEVA INC | COM | 157210105 |  | 2527700 | 115000 | SH |  | DFND | 3 | 115000 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 3704625 | 22500 | SH |  | DFND | 3 | 22500 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 608558 | 4250 | SH |  | DFND | 2 | 4250 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 572760 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 248549 | 1371 | SH |  | DFND | 1 | 1371 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 206852 | 1141 | SH |  | DFND | 2 | 1141 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 185278 | 1022 | SH |  | DFND | 3 | 1022 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 1103694 | 6088 | SH |  | DFND | 4 | 6088 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 68528 | 378 | SH |  | SOLE |  | 378 | 0 | 0 |
| CLEAN HARBORS INC | COM | 184496107 |  | 2475013 | 10706 | SH |  | DFND | 1 | 10706 | 0 | 0 |
| CLEAN HARBORS INC | COM | 184496107 |  | 2843514 | 12300 | SH |  | DFND | 2 | 12300 | 0 | 0 |
| CLEAN HARBORS INC | COM | 184496107 |  | 7860120 | 34000 | SH |  | DFND | 4 | 34000 | 0 | 0 |
| CLEAN HARBORS INC | COM | 184496107 |  | 901602 | 3900 | SH |  | SOLE |  | 3900 | 0 | 0 |
| COGNEX CORP | COM | 192422103 |  | 1506700 | 47500 | SH |  | DFND | 3 | 47500 | 0 | 0 |
| COGNEX CORP | COM | 192422103 |  | 3425760 | 108000 | SH |  | DFND | 4 | 108000 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 10259150 | 115000 | SH |  | DFND | 1 | 115000 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 2319460 | 26000 | SH |  | DFND | 2 | 26000 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 2230250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| COHU INC | COM | 192576106 |  | 2270320 | 118000 | SH |  | DFND | 3 | 118000 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 7138000 | 200000 | SH |  | DFND | 1 | 200000 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1159925 | 32500 | SH |  | DFND | 2 | 32500 | 0 | 0 |
| COMTECH TELECOMMUNICATIONS C | COM NEW | 205826209 |  | 306618 | 125150 | SH |  | DFND | 1 | 125150 | 0 | 0 |
| COMTECH TELECOMMUNICATIONS C | COM NEW | 205826209 |  | 245000 | 100000 | SH |  | DFND | 3 | 100000 | 0 | 0 |
| COMTECH TELECOMMUNICATIONS C | COM NEW | 205826209 |  | 3508400 | 1432000 | SH |  | DFND | 4 | 1432000 | 0 | 0 |
| COMTECH TELECOMMUNICATIONS C | COM NEW | 205826209 |  | 76563 | 31250 | SH |  | SOLE |  | 31250 | 0 | 0 |
| CORE MOLDING TECHNOLOGIES IN | COM | 218683100 |  | 663600 | 40000 | SH |  | DFND | 1 | 40000 | 0 | 0 |
| CORE MOLDING TECHNOLOGIES IN | COM | 218683100 |  | 3400950 | 205000 | SH |  | DFND | 4 | 205000 | 0 | 0 |
| CORE MOLDING TECHNOLOGIES IN | COM | 218683100 |  | 165900 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 2208780 | 42000 | SH |  | DFND | 2 | 42000 | 0 | 0 |
| CRA INTL INC | COM | 12618T105 |  | 15879608 | 84750 | SH |  | DFND | 4 | 84750 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 459000 | 5000 | SH |  | DFND | 2 | 5000 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 2570400 | 28000 | SH |  | DFND | 4 | 28000 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 763965 | 1500 | SH |  | DFND | 2 | 1500 | 0 | 0 |
| CRYOPORT INC | COM PAR $0.001 | 229050307 |  | 2073880 | 278000 | SH |  | DFND | 3 | 278000 | 0 | 0 |
| CRYOPORT INC | COM PAR $0.001 | 229050307 |  | 220070 | 29500 | SH |  | DFND | 4 | 29500 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 1646160 | 24000 | SH |  | DFND | 1 | 24000 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 1200325 | 17500 | SH |  | DFND | 2 | 17500 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 411540 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| ECOVYST INC | COM | 27923Q109 |  | 7571600 | 920000 | SH |  | DFND | 4 | 920000 | 0 | 0 |
| EDUCATIONAL DEV CORP | COM | 281479105 |  | 1064000 | 800000 | SH |  | DFND | 4 | 800000 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 5518350 | 45000 | SH |  | DFND | 1 | 45000 | 0 | 0 |
| ENERGY SVCS ACQUISITION CORP | COM | 29271Q103 |  | 1242500 | 125000 | SH |  | DFND | 4 | 125000 | 0 | 0 |
| ENHABIT INC | COM | 29332G102 |  | 482000 | 50000 | SH |  | DFND | 1 | 50000 | 0 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 4839000 | 60000 | SH |  | DFND | 1 | 60000 | 0 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 7016550 | 87000 | SH |  | DFND | 2 | 87000 | 0 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 967800 | 12000 | SH |  | DFND | 3 | 12000 | 0 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 5322900 | 66000 | SH |  | DFND | 4 | 66000 | 0 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 1209750 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 1988675 | 2500 | SH |  | DFND | 2 | 2500 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 5170555 | 6500 | SH |  | DFND | 4 | 6500 | 0 | 0 |
| EVERUS CONSTR GROUP | COM | 300426103 |  | 794125 | 12500 | SH |  | DFND | 3 | 12500 | 0 | 0 |
| EVERUS CONSTR GROUP | COM | 300426103 |  | 5876525 | 92500 | SH |  | DFND | 4 | 92500 | 0 | 0 |
| EVOLV TECHNOLOGIES HLDNGS IN | COM CL A | 30049H102 |  | 624000 | 100000 | SH |  | DFND | 4 | 100000 | 0 | 0 |
| EXTREME NETWORKS | COM | 30226D106 |  | 718000 | 40000 | SH |  | DFND | 3 | 40000 | 0 | 0 |
| FARO TECHNOLOGIES INC | COM | 311642102 |  | 1350540 | 30750 | SH |  | DFND | 1 | 30750 | 0 | 0 |
| FARO TECHNOLOGIES INC | COM | 311642102 |  | 34257600 | 780000 | SH |  | DFND | 4 | 780000 | 0 | 0 |
| FARO TECHNOLOGIES INC | COM | 311642102 |  | 334890 | 7625 | SH |  | SOLE |  | 7625 | 0 | 0 |
| FORMFACTOR INC | COM | 346375108 |  | 7226100 | 210000 | SH |  | DFND | 1 | 210000 | 0 | 0 |
| FORMFACTOR INC | COM | 346375108 |  | 3613050 | 105000 | SH |  | DFND | 2 | 105000 | 0 | 0 |
| FORMFACTOR INC | COM | 346375108 |  | 1376400 | 40000 | SH |  | DFND | 3 | 40000 | 0 | 0 |
| FORMFACTOR INC | COM | 346375108 |  | 8602500 | 250000 | SH |  | DFND | 4 | 250000 | 0 | 0 |
| FORMFACTOR INC | COM | 346375108 |  | 1720500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| FORTREA HLDGS INC | COMMON STOCK | 34965K107 |  | 161849 | 32763 | SH |  | DFND | 1 | 32763 | 0 | 0 |
| FORTREA HLDGS INC | COMMON STOCK | 34965K107 |  | 24700 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| FREQUENCY ELECTRS INC | COM | 358010106 |  | 1135500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| GENERAC HLDGS INC | COM | 368736104 |  | 1575310 | 11000 | SH |  | DFND | 3 | 11000 | 0 | 0 |
| GENIUS SPORTS LIMITED | SHARES CL A | G3934V109 |  | 24492000 | 2355000 | SH |  | DFND | 4 | 2355000 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 4434800 | 40000 | SH |  | DFND | 1 | 40000 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 582068 | 5250 | SH |  | DFND | 2 | 5250 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 1108700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| GORMAN RUPP CO | COM | 383082104 |  | 5140800 | 140000 | SH |  | DFND | 4 | 140000 | 0 | 0 |
| HARMONIC INC | COM | 413160102 |  | 5350550 | 565000 | SH |  | DFND | 3 | 565000 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 1717800 | 84000 | SH |  | DFND | 2 | 84000 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 4657600 | 20000 | SH |  | DFND | 1 | 20000 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 582200 | 2500 | SH |  | DFND | 2 | 2500 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 2414600 | 10000 | SH |  | DFND | 2 | 10000 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 10744970 | 44500 | SH |  | DFND | 4 | 44500 | 0 | 0 |
| ICHOR HOLDINGS | SHS | G4740B105 |  | 1325700 | 67500 | SH |  | DFND | 3 | 67500 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 1518935 | 11000 | SH |  | DFND | 3 | 11000 | 0 | 0 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 591525 | 4500 | SH |  | DFND | 2 | 4500 | 0 | 0 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 2300375 | 17500 | SH |  | DFND | 4 | 17500 | 0 | 0 |
| KIMBELL RTY PARTNERS LP | UNIT | 49435R102 |  | 354919 | 25424 | SH |  | SOLE |  | 25424 | 0 | 0 |
| KINDERCARE LEARNING COMPANIE | COM | 49456W105 |  | 323200 | 32000 | SH |  | DFND | 1 | 32000 | 0 | 0 |
| KINDERCARE LEARNING COMPANIE | COM | 49456W105 |  | 80800 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 9853140 | 11000 | SH |  | DFND | 1 | 11000 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 3135090 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| KLAVIYO INC | COM SER A | 49845K101 |  | 1679000 | 50000 | SH |  | DFND | 1 | 50000 | 0 | 0 |
| KLAVIYO INC | COM SER A | 49845K101 |  | 1511100 | 45000 | SH |  | DFND | 2 | 45000 | 0 | 0 |
| KLAVIYO INC | COM SER A | 49845K101 |  | 6548100 | 195000 | SH |  | DFND | 4 | 195000 | 0 | 0 |
| KLAVIYO INC | COM SER A | 49845K101 |  | 503700 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| KVH INDS INC | COM | 482738101 |  | 727012 | 136400 | SH |  | DFND | 2 | 136400 | 0 | 0 |
| KVH INDS INC | COM | 482738101 |  | 860262 | 161400 | SH |  | DFND | 3 | 161400 | 0 | 0 |
| KVH INDS INC | COM | 482738101 |  | 2352662 | 441400 | SH |  | DFND | 4 | 441400 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 8600615 | 32763 | SH |  | DFND | 1 | 32763 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 1640688 | 6250 | SH |  | DFND | 2 | 6250 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 3228873 | 12300 | SH |  | DFND | 4 | 12300 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 1312550 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 2433500 | 25000 | SH |  | DFND | 2 | 25000 | 0 | 0 |
| LEMAITRE VASCULAR INC | COM | 525558201 |  | 3322000 | 40000 | SH |  | DFND | 4 | 40000 | 0 | 0 |
| LINCOLN EDL SVCS CORP | COM | 533535100 |  | 14048975 | 609500 | SH |  | DFND | 4 | 609500 | 0 | 0 |
| LINDBLAD EXPEDITIONS HLDGS I | COM | 535219109 |  | 487491 | 41773 | SH |  | DFND | 1 | 41773 | 0 | 0 |
| LINDBLAD EXPEDITIONS HLDGS I | COM | 535219109 |  | 121952 | 10450 | SH |  | SOLE |  | 10450 | 0 | 0 |
| MARKEL GROUP INC | COM | 570535104 |  | 2996040 | 1500 | SH |  | DFND | 2 | 1500 | 0 | 0 |
| MARKEL GROUP INC | COM | 570535104 |  | 6890892 | 3450 | SH |  | DFND | 4 | 3450 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 2902500 | 37500 | SH |  | DFND | 2 | 37500 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 1393200 | 18000 | SH |  | DFND | 3 | 18000 | 0 | 0 |
| MATIV HOLDINGS INC | COM | 808541106 |  | 494450 | 72500 | SH |  | DFND | 4 | 72500 | 0 | 0 |
| MATRIX SVC CO | COM | 576853105 |  | 19184200 | 1420000 | SH |  | DFND | 4 | 1420000 | 0 | 0 |
| MATTHEWS INTL CORP | CL A | 577128101 |  | 1434600 | 60000 | SH |  | DFND | 3 | 60000 | 0 | 0 |
| MAXLINEAR INC | COM | 57776J100 |  | 2202550 | 155000 | SH |  | DFND | 3 | 155000 | 0 | 0 |
| MDU RES GROUP INC | COM | 552690109 |  | 750150 | 45000 | SH |  | DFND | 3 | 45000 | 0 | 0 |
| MDU RES GROUP INC | COM | 552690109 |  | 5817830 | 349000 | SH |  | DFND | 4 | 349000 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 2052069 | 23541 | SH |  | DFND | 1 | 23541 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1656230 | 19000 | SH |  | DFND | 2 | 19000 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 653775 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| MERCURY SYS INC | COM | 589378108 |  | 538600 | 10000 | SH |  | DFND | 3 | 10000 | 0 | 0 |
| MKS INC. | COM | 55306N104 |  | 2484000 | 25000 | SH |  | DFND | 1 | 25000 | 0 | 0 |
| MKS INC. | COM | 55306N104 |  | 2210760 | 22250 | SH |  | DFND | 2 | 22250 | 0 | 0 |
| MKS INC. | COM | 55306N104 |  | 1987200 | 20000 | SH |  | DFND | 3 | 20000 | 0 | 0 |
| MKS INC. | COM | 55306N104 |  | 4620240 | 46500 | SH |  | DFND | 4 | 46500 | 0 | 0 |
| MKS INC. | COM | 55306N104 |  | 1490400 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| MOBILEYE GLOBAL INC | COMMON CLASS A | 60741F104 |  | 269700 | 15000 | SH |  | DFND | 2 | 15000 | 0 | 0 |
| MOBILEYE GLOBAL INC | COMMON CLASS A | 60741F104 |  | 969122 | 53900 | SH |  | DFND | 3 | 53900 | 0 | 0 |
| MYR GROUP INC DEL | COM | 55405W104 |  | 5443500 | 30000 | SH |  | DFND | 4 | 30000 | 0 | 0 |
| NAVIGATOR HLDGS LTD | SHS | Y62132108 |  | 3104510 | 219400 | SH |  | DFND | 1 | 219400 | 0 | 0 |
| NAVIGATOR HLDGS LTD | SHS | Y62132108 |  | 212250 | 15000 | SH |  | DFND | 2 | 15000 | 0 | 0 |
| NAVIGATOR HLDGS LTD | SHS | Y62132108 |  | 942390 | 66600 | SH |  | SOLE |  | 66600 | 0 | 0 |
| NLIGHT INC | COM | 65487K100 |  | 2494932 | 126775 | SH |  | DFND | 1 | 126775 | 0 | 0 |
| NLIGHT INC | COM | 65487K100 |  | 2952000 | 150000 | SH |  | DFND | 3 | 150000 | 0 | 0 |
| NLIGHT INC | COM | 65487K100 |  | 30012000 | 1525000 | SH |  | DFND | 4 | 1525000 | 0 | 0 |
| NLIGHT INC | COM | 65487K100 |  | 707791 | 35965 | SH |  | SOLE |  | 35965 | 0 | 0 |
| NORTHERN TECHNOLOGIES INTL C | COM | 665809109 |  | 3819855 | 515500 | SH |  | DFND | 4 | 515500 | 0 | 0 |
| NOVA LTD | COM | M7516K103 |  | 10595200 | 38500 | SH |  | DFND | 1 | 38500 | 0 | 0 |
| NOVA LTD | COM | M7516K103 |  | 6054400 | 22000 | SH |  | DFND | 2 | 22000 | 0 | 0 |
| NOVA LTD | COM | M7516K103 |  | 17268800 | 62750 | SH |  | DFND | 4 | 62750 | 0 | 0 |
| NOVA LTD | COM | M7516K103 |  | 1788800 | 6500 | SH |  | SOLE |  | 6500 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 3662500 | 50000 | SH |  | DFND | 2 | 50000 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 7874375 | 107500 | SH |  | DFND | 4 | 107500 | 0 | 0 |
| OIL DRI CORP AMER | COM | 677864100 |  | 33122885 | 561500 | SH |  | DFND | 4 | 561500 | 0 | 0 |
| PARSONS CORP DEL | COM | 70202L102 |  | 2511950 | 35000 | SH |  | DFND | 1 | 35000 | 0 | 0 |
| PARSONS CORP DEL | COM | 70202L102 |  | 6208105 | 86500 | SH |  | DFND | 2 | 86500 | 0 | 0 |
| PARSONS CORP DEL | COM | 70202L102 |  | 1435400 | 20000 | SH |  | DFND | 3 | 20000 | 0 | 0 |
| PARSONS CORP DEL | COM | 70202L102 |  | 9868375 | 137500 | SH |  | DFND | 4 | 137500 | 0 | 0 |
| PARSONS CORP DEL | COM | 70202L102 |  | 717700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| PDF SOLUTIONS INC | COM | 693282105 |  | 6734700 | 315000 | SH |  | DFND | 2 | 315000 | 0 | 0 |
| PDF SOLUTIONS INC | COM | 693282105 |  | 7037227 | 329150 | SH |  | DFND | 3 | 329150 | 0 | 0 |
| PDF SOLUTIONS INC | COM | 693282105 |  | 27138703 | 1269350 | SH |  | DFND | 4 | 1269350 | 0 | 0 |
| PENGUIN SOLUTIONS INC | SHS | G8232Y101 |  | 2080050 | 105000 | SH |  | DFND | 3 | 105000 | 0 | 0 |
| PHOTRONICS INC | COM | 719405102 |  | 3577700 | 190000 | SH |  | DFND | 1 | 190000 | 0 | 0 |
| PHOTRONICS INC | COM | 719405102 |  | 2626785 | 139500 | SH |  | DFND | 2 | 139500 | 0 | 0 |
| PHOTRONICS INC | COM | 719405102 |  | 1883000 | 100000 | SH |  | DFND | 3 | 100000 | 0 | 0 |
| PHOTRONICS INC | COM | 719405102 |  | 5413625 | 287500 | SH |  | DFND | 4 | 287500 | 0 | 0 |
| PHOTRONICS INC | COM | 719405102 |  | 847350 | 45000 | SH |  | SOLE |  | 45000 | 0 | 0 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 419250 | 7500 | SH |  | DFND | 3 | 7500 | 0 | 0 |
| PRECISION OPTICS CORP INC MA | COM NEW | 740294400 |  | 3409000 | 700000 | SH |  | DFND | 4 | 700000 | 0 | 0 |
| PROS HOLDINGS INC | COM | 74346Y103 |  | 2349000 | 150000 | SH |  | DFND | 3 | 150000 | 0 | 0 |
| PURE STORAGE INC | CL A | 74624M102 |  | 575800 | 10000 | SH |  | DFND | 3 | 10000 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 808335 | 4500 | SH |  | DFND | 2 | 4500 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 538890 | 3000 | SH |  | DFND | 4 | 3000 | 0 | 0 |
| QUEST RESOURCE HLDG CORP | COM NEW | 74836W203 |  | 820166 | 406023 | SH |  | DFND | 4 | 406023 | 0 | 0 |
| RAPID7 INC | COM | 753422104 |  | 3700800 | 160000 | SH |  | DFND | 3 | 160000 | 0 | 0 |
| RESEARCH SOLUTIONS INC | COM | 761025105 |  | 8409100 | 2930000 | SH |  | DFND | 4 | 2930000 | 0 | 0 |
| ROGERS CORP | COM | 775133101 |  | 3766400 | 55000 | SH |  | DFND | 3 | 55000 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 365050 | 2500 | SH |  | DFND | 2 | 2500 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 730100 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| SELECT WATER SOLUTIONS INC | CL A COM | 81617J301 |  | 864000 | 100000 | SH |  | DFND | 4 | 100000 | 0 | 0 |
| SITIME CORP | COM | 82982T106 |  | 1598100 | 7500 | SH |  | DFND | 2 | 7500 | 0 | 0 |
| SITIME CORP | COM | 82982T106 |  | 1065400 | 5000 | SH |  | DFND | 3 | 5000 | 0 | 0 |
| SITIME CORP | COM | 82982T106 |  | 2024260 | 9500 | SH |  | DFND | 4 | 9500 | 0 | 0 |
| SMITH MIDLAND CORP | COM | 832156103 |  | 7282520 | 217000 | SH |  | DFND | 4 | 217000 | 0 | 0 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 785048 | 24200 | SH |  | DFND | 1 | 24200 | 0 | 0 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 358462 | 11050 | SH |  | SOLE |  | 11050 | 0 | 0 |
| SPORTRADAR GROUP AG | CLASS A ORD SHS | H8088L103 |  | 982800 | 35000 | SH |  | DFND | 4 | 35000 | 0 | 0 |
| STANDARD BIOTOOLS INC | COM | 34385P108 |  | 32820 | 27350 | SH |  | DFND | 1 | 27350 | 0 | 0 |
| STANDARD BIOTOOLS INC | COM | 34385P108 |  | 480000 | 400000 | SH |  | DFND | 3 | 400000 | 0 | 0 |
| STANDARD BIOTOOLS INC | COM | 34385P108 |  | 8502 | 7085 | SH |  | SOLE |  | 7085 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 11762400 | 240000 | SH |  | DFND | 1 | 240000 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 14555970 | 297000 | SH |  | DFND | 2 | 297000 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 2695550 | 55000 | SH |  | DFND | 3 | 55000 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 39698100 | 810000 | SH |  | DFND | 4 | 810000 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 1225250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| SURO CAPITAL CORP | COM NEW | 86887Q109 |  | 2930018 | 356884 | SH |  | DFND | 1 | 356884 | 0 | 0 |
| SURO CAPITAL CORP | COM NEW | 86887Q109 |  | 670839 | 81710 | SH |  | SOLE |  | 81710 | 0 | 0 |
| TENABLE HLDGS INC | COM | 88025T102 |  | 675600 | 20000 | SH |  | DFND | 3 | 20000 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 2248000 | 25000 | SH |  | DFND | 2 | 25000 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 2023200 | 22500 | SH |  | DFND | 4 | 22500 | 0 | 0 |
| TETRA TECHNOLOGIES INC DEL | COM | 88162F105 |  | 2520000 | 750000 | SH |  | DFND | 4 | 750000 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 2699625 | 37500 | SH |  | DFND | 2 | 37500 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 1223830 | 17000 | SH |  | DFND | 4 | 17000 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 5270980 | 13000 | SH |  | DFND | 1 | 13000 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 5473710 | 13500 | SH |  | DFND | 2 | 13500 | 0 | 0 |
| THERMON GROUP HLDGS INC | COM | 88362T103 |  | 17507880 | 623500 | SH |  | DFND | 4 | 623500 | 0 | 0 |
| THREDUP INC | CL A | 88556E102 |  | 44003750 | 5875000 | SH |  | DFND | 4 | 5875000 | 0 | 0 |
| TRANSCAT INC | COM | 893529107 |  | 2277940 | 26500 | SH |  | DFND | 3 | 26500 | 0 | 0 |
| TRANSCAT INC | COM | 893529107 |  | 3438400 | 40000 | SH |  | DFND | 4 | 40000 | 0 | 0 |
| TTM TECHNOLOGIES INC | COM | 87305R109 |  | 3061500 | 75000 | SH |  | DFND | 1 | 75000 | 0 | 0 |
| TTM TECHNOLOGIES INC | COM | 87305R109 |  | 1591980 | 39000 | SH |  | DFND | 2 | 39000 | 0 | 0 |
| TTM TECHNOLOGIES INC | COM | 87305R109 |  | 7551700 | 185000 | SH |  | DFND | 3 | 185000 | 0 | 0 |
| TTM TECHNOLOGIES INC | COM | 87305R109 |  | 1020500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 364200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ULTRA CLEAN HLDGS INC | COM | 90385V107 |  | 789950 | 35000 | SH |  | DFND | 3 | 35000 | 0 | 0 |
| UNISYS CORP | COM NEW | 909214306 |  | 540882 | 119400 | SH |  | DFND | 1 | 119400 | 0 | 0 |
| UNISYS CORP | COM NEW | 909214306 |  | 1792974 | 395800 | SH |  | DFND | 2 | 395800 | 0 | 0 |
| UNISYS CORP | COM NEW | 909214306 |  | 2006790 | 443000 | SH |  | DFND | 3 | 443000 | 0 | 0 |
| UNISYS CORP | COM NEW | 909214306 |  | 20557140 | 4538000 | SH |  | DFND | 4 | 4538000 | 0 | 0 |
| UNISYS CORP | COM NEW | 909214306 |  | 152208 | 33600 | SH |  | SOLE |  | 33600 | 0 | 0 |
| UNIVERSAL TECHNICAL INST INC | COM | 913915104 |  | 10539790 | 311000 | SH |  | DFND | 4 | 311000 | 0 | 0 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 2356950 | 15000 | SH |  | DFND | 1 | 15000 | 0 | 0 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 549955 | 3500 | SH |  | DFND | 2 | 3500 | 0 | 0 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 2356950 | 15000 | SH |  | DFND | 3 | 15000 | 0 | 0 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 785650 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| VEECO INSTRS INC DEL | COM | 922417100 |  | 1625600 | 80000 | SH |  | DFND | 1 | 80000 | 0 | 0 |
| VEECO INSTRS INC DEL | COM | 922417100 |  | 1727200 | 85000 | SH |  | DFND | 2 | 85000 | 0 | 0 |
| VEECO INSTRS INC DEL | COM | 922417100 |  | 2438400 | 120000 | SH |  | DFND | 3 | 120000 | 0 | 0 |
| VEECO INSTRS INC DEL | COM | 922417100 |  | 8351520 | 411000 | SH |  | DFND | 4 | 411000 | 0 | 0 |
| VEECO INSTRS INC DEL | COM | 922417100 |  | 508000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 865400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 3113943 | 24250 | SH |  | DFND | 2 | 24250 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 33450805 | 260500 | SH |  | DFND | 4 | 260500 | 0 | 0 |
| VIASAT INC | COM | 92552V100 |  | 3971200 | 272000 | SH |  | DFND | 1 | 272000 | 0 | 0 |
| VIASAT INC | COM | 92552V100 |  | 1213260 | 83100 | SH |  | SOLE |  | 83100 | 0 | 0 |
| VICOR CORP | COM | 925815102 |  | 1814400 | 40000 | SH |  | DFND | 1 | 40000 | 0 | 0 |
| VICOR CORP | COM | 925815102 |  | 4037040 | 89000 | SH |  | DFND | 2 | 89000 | 0 | 0 |
| VICOR CORP | COM | 925815102 |  | 2268000 | 50000 | SH |  | DFND | 3 | 50000 | 0 | 0 |
| VICOR CORP | COM | 925815102 |  | 23201640 | 511500 | SH |  | DFND | 4 | 511500 | 0 | 0 |
| VICOR CORP | COM | 925815102 |  | 680400 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| VISHAY INTERTECHNOLOGY INC | COM | 928298108 |  | 2937800 | 185000 | SH |  | DFND | 2 | 185000 | 0 | 0 |
| VISHAY INTERTECHNOLOGY INC | COM | 928298108 |  | 4446400 | 280000 | SH |  | DFND | 3 | 280000 | 0 | 0 |
| VISHAY INTERTECHNOLOGY INC | COM | 928298108 |  | 16832800 | 1060000 | SH |  | DFND | 4 | 1060000 | 0 | 0 |
| VISHAY PRECISION GROUP INC | COM | 92835K103 |  | 2107500 | 75000 | SH |  | DFND | 3 | 75000 | 0 | 0 |
| VISHAY PRECISION GROUP INC | COM | 92835K103 |  | 16368250 | 582500 | SH |  | DFND | 4 | 582500 | 0 | 0 |
| VITAL FARMS INC | COM | 92847W103 |  | 19548900 | 507500 | SH |  | DFND | 4 | 507500 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 8374000 | 40000 | SH |  | DFND | 1 | 40000 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 575713 | 2750 | SH |  | DFND | 4 | 2750 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 2721550 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| YEXT INC | COM | 98585N106 |  | 255000 | 30000 | SH |  | DFND | 3 | 30000 | 0 | 0 |

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