# EDGAR Filing Document

**Accession Number:** 0000898286
**File Stem:** 0001140361-25-031297
**Filing Date:** 2025-8
**Character Count:** 52226
**Document Hash:** ff56263daa866632c1236252ad14c514
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-25-031297.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001140361-25-031297

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CAISSE DE DEPOT ET PLACEMENT DU QUEBEC
- **CENTRAL INDEX KEY:** 0000898286

**ORGANIZATION NAME:**
- **EIN:** 980380483
- **STATE OF INCORPORATION:** A8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12476
- **FILM NUMBER:** 251220658

**BUSINESS ADDRESS:**
- **STREET 1:** 1000 PLACE JEAN-PAUL RIOPELLE
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H2Z2B3
- **BUSINESS PHONE:** 514 847-2353

**MAIL ADDRESS:**
- **STREET 1:** 1000 PLACE JEAN-PAUL RIOPELLE
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H2Z2B3

### 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:** Caisse de depot et placement du Quebec<br>**Address:** 1000 PLACE JEAN-PAUL RIOPELLE<br>Montreal, A8 H2Z2B3

**Form 13F File Number:** 028-12476

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:** Soulef Hadjoudj<br>**Title:** Senior Director Legal Affairs<br>**Phone:** 514-847-5998

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

/s/ Soulef Hadjoudj  Montreal, A8  08-14-2025<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:** 0

**Form 13F Information Table Entry Total:** 478

**Form 13F Information Table Value Total:** $46839579984

      (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 | COMMON | 88579Y101 |  | 10780114 | 70810 | SH |  | SOLE |  | 70810 | 0 | 0 |
| A O Smith Corp | COMMON | 831865209 |  | 6591883 | 100532 | SH |  | SOLE |  | 100532 | 0 | 0 |
| Abbott Laboratories | COMMON | 002824100 |  | 166793275 | 1226331 | SH |  | SOLE |  | 1226331 | 0 | 0 |
| AbbVie Inc | COMMON | 00287Y109 |  | 228892658 | 1233125 | SH |  | SOLE |  | 1233125 | 0 | 0 |
| Abercrombie  Fitch Co | COMMON | 002896207 |  | 7037693 | 84945 | SH |  | SOLE |  | 84945 | 0 | 0 |
| Accenture PLC | COMMON | G1151C101 |  | 127339691 | 426042 | SH |  | SOLE |  | 426042 | 0 | 0 |
| Acuity Inc | COMMON | 00508Y102 |  | 35338970 | 118452 | SH |  | SOLE |  | 118452 | 0 | 0 |
| Adobe Inc | COMMON | 00724F101 |  | 231546137 | 598496 | SH |  | SOLE |  | 598496 | 0 | 0 |
| Advanced Micro Devices Inc | COMMON | 007903107 |  | 47801428 | 336867 | SH |  | SOLE |  | 336867 | 0 | 0 |
| AECOM | COMMON | 00766T100 |  | 17346583 | 153700 | SH |  | SOLE |  | 153700 | 0 | 0 |
| Affiliated Managers Group Inc | COMMON | 008252108 |  | 461819 | 2347 | SH |  | SOLE |  | 2347 | 0 | 0 |
| Aflac Inc | COMMON | 001055102 |  | 38963990 | 369467 | SH |  | SOLE |  | 369467 | 0 | 0 |
| Agilent Technologies Inc | COMMON | 00846U101 |  | 1475597 | 12504 | SH |  | SOLE |  | 12504 | 0 | 0 |
| Agnico Eagle Mines Ltd | COMMON | 008474108 |  | 88261769 | 742315 | SH |  | SOLE |  | 742315 | 0 | 0 |
| Airbnb Inc | COMMON | 009066101 |  | 95183824 | 719237 | SH |  | SOLE |  | 719237 | 0 | 0 |
| Alamos Gold Inc | COMMON | 011532108 |  | 26002005 | 979562 | SH |  | SOLE |  | 979562 | 0 | 0 |
| Align Technology Inc | COMMON | 016255101 |  | 4183057 | 22094 | SH |  | SOLE |  | 22094 | 0 | 0 |
| Alkami Technology Inc | COMMON | 01644J108 |  | 4654550 | 154431 | SH |  | SOLE |  | 154431 | 0 | 0 |
| Allegion plc | COMMON | G0176J109 |  | 14487663 | 100525 | SH |  | SOLE |  | 100525 | 0 | 0 |
| Allison Transmission Holdings Inc | COMMON | 01973R101 |  | 80480375 | 847251 | SH |  | SOLE |  | 847251 | 0 | 0 |
| Allstate Corp The | COMMON | 020002101 |  | 78660274 | 390742 | SH |  | SOLE |  | 390742 | 0 | 0 |
| Alnylam Pharmaceuticals Inc | COMMON | 02043Q107 |  | 6536148 | 20044 | SH |  | SOLE |  | 20044 | 0 | 0 |
| Alphabet Inc | COMMON | 02079K305 |  | 970523110 | 5507139 | SH |  | SOLE |  | 5507139 | 0 | 0 |
| Alphabet Inc | COMMON | 02079K107 |  | 289672724 | 1632971 | SH |  | SOLE |  | 1632971 | 0 | 0 |
| Amazon.com Inc | COMMON | 023135106 |  | 947482454 | 4318713 | SH |  | SOLE |  | 4318713 | 0 | 0 |
| Ameren Corp | COMMON | 023608102 |  | 124650319 | 1297900 | SH |  | SOLE |  | 1297900 | 0 | 0 |
| American Express Co | COMMON | 025816109 |  | 35946814 | 112693 | SH |  | SOLE |  | 112693 | 0 | 0 |
| American International Group Inc | COMMON | 026874784 |  | 156866099 | 1832762 | SH |  | SOLE |  | 1832762 | 0 | 0 |
| American Tower Corp | REIT | 03027X100 |  | 4040909 | 18283 | SH |  | SOLE |  | 18283 | 0 | 0 |
| Ametek Inc | COMMON | 031100100 |  | 46056671 | 254513 | SH |  | SOLE |  | 254513 | 0 | 0 |
| Amgen Inc | COMMON | 031162100 |  | 30346498 | 108687 | SH |  | SOLE |  | 108687 | 0 | 0 |
| Amphenol Corp | COMMON | 032095101 |  | 111944279 | 1133613 | SH |  | SOLE |  | 1133613 | 0 | 0 |
| ANSYS Inc | COMMON | 03662Q105 |  | 17104413 | 48700 | SH |  | SOLE |  | 48700 | 0 | 0 |
| Appfolio Inc | COMMON | 03783C100 |  | 25299943 | 109866 | SH |  | SOLE |  | 109866 | 0 | 0 |
| Apple Inc | COMMON | 037833100 |  | 1844626996 | 8990725 | SH |  | SOLE |  | 8990725 | 0 | 0 |
| Applied Industrial Technologies Inc | COMMON | 03820C105 |  | 26089489 | 112237 | SH |  | SOLE |  | 112237 | 0 | 0 |
| Applied Materials Inc | COMMON | 038222105 |  | 41720554 | 227894 | SH |  | SOLE |  | 227894 | 0 | 0 |
| AppLovin Corp | COMMON | 03831W108 |  | 54241044 | 154939 | SH |  | SOLE |  | 154939 | 0 | 0 |
| Aptiv PLC | COMMON | G3265R107 |  | 4577562 | 67100 | SH |  | SOLE |  | 67100 | 0 | 0 |
| Argenx SE | ADR | 04016X101 |  | 50103141 | 90895 | SH |  | SOLE |  | 90895 | 0 | 0 |
| Arista Networks Inc | COMMON | 040413205 |  | 177101778 | 1731031 | SH |  | SOLE |  | 1731031 | 0 | 0 |
| Assurant Inc | COMMON | 04621X108 |  | 12010947 | 60818 | SH |  | SOLE |  | 60818 | 0 | 0 |
| Astera Labs Inc | COMMON | 04626A103 |  | 6971382 | 77100 | SH |  | SOLE |  | 77100 | 0 | 0 |
| AT Inc | COMMON | 00206R102 |  | 281772981 | 9736454 | SH |  | SOLE |  | 9736454 | 0 | 0 |
| Atlassian Corp | COMMON | 049468101 |  | 8640058 | 42543 | SH |  | SOLE |  | 42543 | 0 | 0 |
| Atmos Energy Corp | COMMON | 049560105 |  | 8469269 | 54956 | SH |  | SOLE |  | 54956 | 0 | 0 |
| Autodesk Inc | COMMON | 052769106 |  | 12801029 | 41351 | SH |  | SOLE |  | 41351 | 0 | 0 |
| Automatic Data Processing Inc | COMMON | 053015103 |  | 79519396 | 257845 | SH |  | SOLE |  | 257845 | 0 | 0 |
| AutoZone Inc | COMMON | 053332102 |  | 163397511 | 44016 | SH |  | SOLE |  | 44016 | 0 | 0 |
| Axon Enterprise Inc | COMMON | 05464C101 |  | 7368666 | 8900 | SH |  | SOLE |  | 8900 | 0 | 0 |
| Badger Meter Inc | COMMON | 056525108 |  | 1677418 | 6848 | SH |  | SOLE |  | 6848 | 0 | 0 |
| Baker Hughes Co | COMMON | 05722G100 |  | 48641689 | 1268693 | SH |  | SOLE |  | 1268693 | 0 | 0 |
| Bank of America Corp | COMMON | 060505104 |  | 218327663 | 4613856 | SH |  | SOLE |  | 4613856 | 0 | 0 |
| Bank of New York Mellon Corp The | COMMON | 064058100 |  | 31607425 | 346915 | SH |  | SOLE |  | 346915 | 0 | 0 |
| Bank OZK | COMMON | 06417N103 |  | 1651806 | 35100 | SH |  | SOLE |  | 35100 | 0 | 0 |
| Banque Canadienne Imperiale de Commerce | COMMON | 136069101 |  | 29366150 | 414547 | SH |  | SOLE |  | 414547 | 0 | 0 |
| Banque de Montreal | COMMON | 063671101 |  | 599389432 | 5419567 | SH |  | SOLE |  | 5419567 | 0 | 0 |
| Banque de Nouvelle-Ecosse La | COMMON | 064149107 |  | 16610700 | 301000 | SH |  | SOLE |  | 301000 | 0 | 0 |
| Banque Royale du Canada | COMMON | 780087102 |  | 255021684 | 1938915 | SH |  | SOLE |  | 1938915 | 0 | 0 |
| Banque Toronto-Dominion La | COMMON | 891160509 |  | 101847346 | 1387487 | SH |  | SOLE |  | 1387487 | 0 | 0 |
| BCE Inc | COMMON | 05534B760 |  | 687953472 | 31083196 | SH |  | SOLE |  | 31083196 | 0 | 0 |
| Becton Dickinson  Co | COMMON | 075887109 |  | 13181431 | 76525 | SH |  | SOLE |  | 76525 | 0 | 0 |
| Berkshire Hathaway Inc | COMMON | 084670702 |  | 662597558 | 1364015 | SH |  | SOLE |  | 1364015 | 0 | 0 |
| Best Buy Co Inc | COMMON | 086516101 |  | 7793390 | 116094 | SH |  | SOLE |  | 116094 | 0 | 0 |
| Beta Bionics Inc | COMMON | 08659B102 |  | 1297369 | 89105 | SH |  | SOLE |  | 89105 | 0 | 0 |
| Biogen Inc | COMMON | 09062X103 |  | 8738175 | 69577 | SH |  | SOLE |  | 69577 | 0 | 0 |
| BioMarin Pharmaceutical Inc | COMMON | 09061G101 |  | 35030678 | 637269 | SH |  | SOLE |  | 637269 | 0 | 0 |
| Blackrock Inc | COMMON | 09290D101 |  | 13553162 | 12917 | SH |  | SOLE |  | 12917 | 0 | 0 |
| Boeing Company The | COMMON | 097023105 |  | 67368923 | 321524 | SH |  | SOLE |  | 321524 | 0 | 0 |
| Booking Holdings Inc | COMMON | 09857L108 |  | 291540333 | 50359 | SH |  | SOLE |  | 50359 | 0 | 0 |
| Booz Allen Hamilton Holding Corp | COMMON | 099502106 |  | 86430921 | 830029 | SH |  | SOLE |  | 830029 | 0 | 0 |
| Boston Scientific Corp | COMMON | 101137107 |  | 128436157 | 1195756 | SH |  | SOLE |  | 1195756 | 0 | 0 |
| Bristol-Myers Squibb Co | COMMON | 110122108 |  | 38335619 | 828162 | SH |  | SOLE |  | 828162 | 0 | 0 |
| Broadcom Inc | COMMON | 11135F101 |  | 586225976 | 2126704 | SH |  | SOLE |  | 2126704 | 0 | 0 |
| Broadridge Financial Solutions Inc | COMMON | 11133T103 |  | 20671160 | 85056 | SH |  | SOLE |  | 85056 | 0 | 0 |
| Brookfield Corp | COMMON | 11271J107 |  | 124143478 | 2009893 | SH |  | SOLE |  | 2009893 | 0 | 0 |
| Brown  Brown Inc | COMMON | 115236101 |  | 270340315 | 2438354 | SH |  | SOLE |  | 2438354 | 0 | 0 |
| BRP Inc | COMMON | 05577W200 |  | 47328472 | 977000 | SH |  | SOLE |  | 977000 | 0 | 0 |
| Builders FirstSource Inc | COMMON | 12008R107 |  | 17499532 | 149966 | SH |  | SOLE |  | 149966 | 0 | 0 |
| Burlington Stores Inc | COMMON | 122017106 |  | 14692844 | 63157 | SH |  | SOLE |  | 63157 | 0 | 0 |
| Cabot Corp | COMMON | 127055101 |  | 11844750 | 157930 | SH |  | SOLE |  | 157930 | 0 | 0 |
| Cadence Design Systems Inc | COMMON | 127387108 |  | 14378895 | 46662 | SH |  | SOLE |  | 46662 | 0 | 0 |
| CAE Inc | COMMON | 124765108 |  | 904297158 | 30917402 | SH |  | SOLE |  | 30917402 | 0 | 0 |
| Cameco Corp | COMMON | 13321L108 |  | 59035685 | 796541 | SH |  | SOLE |  | 796541 | 0 | 0 |
| Capital One Financial Corporation | COMMON | 14040H105 |  | 91028303 | 427845 | SH |  | SOLE |  | 427845 | 0 | 0 |
| Cardinal Health Inc | COMMON | 14149Y108 |  | 35003137 | 208352 | SH |  | SOLE |  | 208352 | 0 | 0 |
| Carlisle Cos Inc | COMMON | 142339100 |  | 4586846 | 12284 | SH |  | SOLE |  | 12284 | 0 | 0 |
| Carrier Global Corp | COMMON | 14448C104 |  | 13233410 | 180809 | SH |  | SOLE |  | 180809 | 0 | 0 |
| Carvana Co | COMMON | 146869102 |  | 6286325 | 18656 | SH |  | SOLE |  | 18656 | 0 | 0 |
| Caterpillar Inc | COMMON | 149123101 |  | 81821080 | 210765 | SH |  | SOLE |  | 210765 | 0 | 0 |
| Cboe Global Markets Inc | COMMON | 12503M108 |  | 42591376 | 182631 | SH |  | SOLE |  | 182631 | 0 | 0 |
| CBRE Group Inc | COMMON | 12504L109 |  | 162201516 | 1157590 | SH |  | SOLE |  | 1157590 | 0 | 0 |
| Celestica Inc | COMMON | 15101Q207 |  | 66681305 | 427601 | SH |  | SOLE |  | 427601 | 0 | 0 |
| Cencora Inc | COMMON | 03073E105 |  | 275402929 | 918469 | SH |  | SOLE |  | 918469 | 0 | 0 |
| Centene Corp | COMMON | 15135B101 |  | 58794196 | 1083165 | SH |  | SOLE |  | 1083165 | 0 | 0 |
| CF Industries Holdings Inc | COMMON | 125269100 |  | 107165925 | 1164847 | SH |  | SOLE |  | 1164847 | 0 | 0 |
| CGI Inc | COMMON | 12532H104 |  | 1707367282 | 16290487 | SH |  | SOLE |  | 16290487 | 0 | 0 |
| Charles Schwab Corp The | COMMON | 808513105 |  | 18652649 | 204435 | SH |  | SOLE |  | 204435 | 0 | 0 |
| Chemed Corp | COMMON | 16359R103 |  | 44204479 | 90782 | SH |  | SOLE |  | 90782 | 0 | 0 |
| Chemin de fer Canadien Pacifique Limitee | COMMON | 13646K108 |  | 158224651 | 1995725 | SH |  | SOLE |  | 1995725 | 0 | 0 |
| Cheniere Energy Inc | COMMON | 16411R208 |  | 53223733 | 218560 | SH |  | SOLE |  | 218560 | 0 | 0 |
| Chipotle Mexican Grill Inc | COMMON | 169656105 |  | 23868635 | 425087 | SH |  | SOLE |  | 425087 | 0 | 0 |
| Chubb Ltd | COMMON | H1467J104 |  | 105953794 | 365711 | SH |  | SOLE |  | 365711 | 0 | 0 |
| Church  Dwight Co Inc | COMMON | 171340102 |  | 1603403 | 16683 | SH |  | SOLE |  | 16683 | 0 | 0 |
| Cigna Group/The | COMMON | 125523100 |  | 47743355 | 144423 | SH |  | SOLE |  | 144423 | 0 | 0 |
| Cincinnati Financial Corp | COMMON | 172062101 |  | 63675808 | 427584 | SH |  | SOLE |  | 427584 | 0 | 0 |
| Cintas Corp | COMMON | 172908105 |  | 178576815 | 801260 | SH |  | SOLE |  | 801260 | 0 | 0 |
| Cirrus Logic Inc | COMMON | 172755100 |  | 53583214 | 513963 | SH |  | SOLE |  | 513963 | 0 | 0 |
| Cisco Systems Inc | COMMON | 17275R102 |  | 528327856 | 7614988 | SH |  | SOLE |  | 7614988 | 0 | 0 |
| Citigroup Inc | COMMON | 172967424 |  | 165696375 | 1946621 | SH |  | SOLE |  | 1946621 | 0 | 0 |
| Citizens Financial Group Inc | COMMON | 174610105 |  | 5332902 | 119171 | SH |  | SOLE |  | 119171 | 0 | 0 |
| Cloudflare Inc | COMMON | 18915M107 |  | 10118928 | 51672 | SH |  | SOLE |  | 51672 | 0 | 0 |
| CME Group Inc | COMMON | 12572Q105 |  | 1270057 | 4608 | SH |  | SOLE |  | 4608 | 0 | 0 |
| Coca-Cola Co The | COMMON | 191216100 |  | 122756772 | 1735078 | SH |  | SOLE |  | 1735078 | 0 | 0 |
| Coca-Cola Consolidated Inc | COMMON | 191098102 |  | 8793889 | 78763 | SH |  | SOLE |  | 78763 | 0 | 0 |
| Coca-Cola Femsa SAB de CV | ADR | 191241108 |  | 5407207 | 55900 | SH |  | SOLE |  | 55900 | 0 | 0 |
| Cognizant Technology Solutions Corp | COMMON | 192446102 |  | 96955708 | 1242544 | SH |  | SOLE |  | 1242544 | 0 | 0 |
| Colgate-Palmolive Co | COMMON | 194162103 |  | 10173710 | 111922 | SH |  | SOLE |  | 111922 | 0 | 0 |
| Comcast Corp | COMMON | 20030N101 |  | 2727751 | 76429 | SH |  | SOLE |  | 76429 | 0 | 0 |
| Comerica Inc | COMMON | 200340107 |  | 13807484 | 231475 | SH |  | SOLE |  | 231475 | 0 | 0 |
| Comfort Systems USA Inc | COMMON | 199908104 |  | 95994460 | 179024 | SH |  | SOLE |  | 179024 | 0 | 0 |
| Communication Services Select Sector SPDR Fund | ETF | 81369Y852 |  | 46323102 | 426823 | SH |  | SOLE |  | 426823 | 0 | 0 |
| Commvault Systems Inc | COMMON | 204166102 |  | 48056504 | 275664 | SH |  | SOLE |  | 275664 | 0 | 0 |
| Compagnie des chemins de fer nationaux du Canada | COMMON | 136375102 |  | 1428562644 | 13737922 | SH |  | SOLE |  | 13737922 | 0 | 0 |
| Consolidated Edison Inc | COMMON | 209115104 |  | 54992405 | 548006 | SH |  | SOLE |  | 548006 | 0 | 0 |
| Constellation Energy Corp | COMMON | 21037T109 |  | 73566687 | 227930 | SH |  | SOLE |  | 227930 | 0 | 0 |
| Consumer Discretionary Select Sector SPDR Fund | ETF | 81369Y407 |  | 8738839 | 40210 | SH |  | SOLE |  | 40210 | 0 | 0 |
| Consumer Staples Select Sector SPDR Fund | ETF | 81369Y308 |  | 163845464 | 2023533 | SH |  | SOLE |  | 2023533 | 0 | 0 |
| Copart Inc | COMMON | 217204106 |  | 94226767 | 1920252 | SH |  | SOLE |  | 1920252 | 0 | 0 |
| Corning Inc | COMMON | 219350105 |  | 21036000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| Costco Wholesale Corp | COMMON | 22160K105 |  | 362364576 | 366047 | SH |  | SOLE |  | 366047 | 0 | 0 |
| Credicorp Ltd | COMMON | G2519Y108 |  | 29867412 | 133623 | SH |  | SOLE |  | 133623 | 0 | 0 |
| Crocs Inc | COMMON | 227046109 |  | 39950097 | 394452 | SH |  | SOLE |  | 394452 | 0 | 0 |
| Crowdstrike Holdings Inc | COMMON | 22788C105 |  | 16888720 | 33160 | SH |  | SOLE |  | 33160 | 0 | 0 |
| Crown Castle Inc | REIT | 22822V101 |  | 8462692 | 82378 | SH |  | SOLE |  | 82378 | 0 | 0 |
| CSX Corp | COMMON | 126408103 |  | 28388101 | 870000 | SH |  | SOLE |  | 870000 | 0 | 0 |
| Cummins Inc | COMMON | 231021106 |  | 251192 | 767 | SH |  | SOLE |  | 767 | 0 | 0 |
| CVS Health Corp | COMMON | 126650100 |  | 3911166 | 56700 | SH |  | SOLE |  | 56700 | 0 | 0 |
| Danaher Corp | COMMON | 235851102 |  | 110511971 | 559441 | SH |  | SOLE |  | 559441 | 0 | 0 |
| Darden Restaurants Inc | COMMON | 237194105 |  | 17764337 | 81499 | SH |  | SOLE |  | 81499 | 0 | 0 |
| Datadog Inc | COMMON | 23804L103 |  | 50100655 | 372967 | SH |  | SOLE |  | 372967 | 0 | 0 |
| DaVita Inc | COMMON | 23918K108 |  | 1162677 | 8162 | SH |  | SOLE |  | 8162 | 0 | 0 |
| Deckers Outdoor Corp | COMMON | 243537107 |  | 117729958 | 1142233 | SH |  | SOLE |  | 1142233 | 0 | 0 |
| Deere  Co | COMMON | 244199105 |  | 10682358 | 21008 | SH |  | SOLE |  | 21008 | 0 | 0 |
| Dell Technologies Inc | COMMON | 24703L202 |  | 26236031 | 213997 | SH |  | SOLE |  | 213997 | 0 | 0 |
| Delta Air Lines Inc | COMMON | 247361702 |  | 4366987 | 88796 | SH |  | SOLE |  | 88796 | 0 | 0 |
| Descartes Systems Group Inc  The | COMMON | 249906108 |  | 45936407 | 453121 | SH |  | SOLE |  | 453121 | 0 | 0 |
| Dexcom Inc | COMMON | 252131107 |  | 4398019 | 50384 | SH |  | SOLE |  | 50384 | 0 | 0 |
| Docusign Inc | COMMON | 256163106 |  | 104088613 | 1336354 | SH |  | SOLE |  | 1336354 | 0 | 0 |
| Dollar General Corp | COMMON | 256677105 |  | 6056192 | 52948 | SH |  | SOLE |  | 52948 | 0 | 0 |
| Dollar Tree Inc | COMMON | 256746108 |  | 6342224 | 64037 | SH |  | SOLE |  | 64037 | 0 | 0 |
| Domino's Pizza Inc | COMMON | 25754A201 |  | 10327752 | 22920 | SH |  | SOLE |  | 22920 | 0 | 0 |
| DoorDash Inc | COMMON | 25809K105 |  | 41289932 | 167498 | SH |  | SOLE |  | 167498 | 0 | 0 |
| DR Horton Inc | COMMON | 23331A109 |  | 45360888 | 351853 | SH |  | SOLE |  | 351853 | 0 | 0 |
| Dr Reddy's Laboratories Ltd | ADR | 256135203 |  | 3177342 | 211400 | SH |  | SOLE |  | 211400 | 0 | 0 |
| Dropbox Inc | COMMON | 26210C104 |  | 18609562 | 650684 | SH |  | SOLE |  | 650684 | 0 | 0 |
| Duke Energy Corp | COMMON | 26441C204 |  | 258845151 | 2193603 | SH |  | SOLE |  | 2193603 | 0 | 0 |
| Duolingo Inc | COMMON | 26603R106 |  | 5356501 | 13064 | SH |  | SOLE |  | 13064 | 0 | 0 |
| DuPont de Nemours Inc | COMMON | 26614N102 |  | 56706439 | 826745 | SH |  | SOLE |  | 826745 | 0 | 0 |
| Dynatrace Inc | COMMON | 268150109 |  | 14622921 | 264860 | SH |  | SOLE |  | 264860 | 0 | 0 |
| Eagle Materials Inc | COMMON | 26969P108 |  | 278103 | 1376 | SH |  | SOLE |  | 1376 | 0 | 0 |
| Eastman Chemical Co | COMMON | 277432100 |  | 8296966 | 111130 | SH |  | SOLE |  | 111130 | 0 | 0 |
| Eaton Corp PLC | COMMON | G29183103 |  | 46419767 | 130031 | SH |  | SOLE |  | 130031 | 0 | 0 |
| Ecolab Inc | COMMON | 278865100 |  | 55397939 | 205604 | SH |  | SOLE |  | 205604 | 0 | 0 |
| Edison International | COMMON | 281020107 |  | 16605035 | 321803 | SH |  | SOLE |  | 321803 | 0 | 0 |
| Edwards Lifesciences Corp | COMMON | 28176E108 |  | 34494912 | 441055 | SH |  | SOLE |  | 441055 | 0 | 0 |
| Electronic Arts Inc | COMMON | 285512109 |  | 8988715 | 56285 | SH |  | SOLE |  | 56285 | 0 | 0 |
| Elevance Health Inc | COMMON | 036752103 |  | 134722908 | 346367 | SH |  | SOLE |  | 346367 | 0 | 0 |
| Eli Lilly  Co | COMMON | 532457108 |  | 425941412 | 546408 | SH |  | SOLE |  | 546408 | 0 | 0 |
| EMCOR Group Inc | COMMON | 29084Q100 |  | 179767968 | 336084 | SH |  | SOLE |  | 336084 | 0 | 0 |
| Enbridge Inc | COMMON | 29250N105 |  | 174321718 | 3852016 | SH |  | SOLE |  | 3852016 | 0 | 0 |
| Equinix Inc | REIT | 29444U700 |  | 10500204 | 13200 | SH |  | SOLE |  | 13200 | 0 | 0 |
| Equity LifeStyle Properties Inc | REIT | 29472R108 |  | 1109690 | 17994 | SH |  | SOLE |  | 17994 | 0 | 0 |
| Erie Indemnity Co | COMMON | 29530P102 |  | 46066196 | 132836 | SH |  | SOLE |  | 132836 | 0 | 0 |
| Estee Lauder Cos Inc The | COMMON | 518439104 |  | 19825977 | 245371 | SH |  | SOLE |  | 245371 | 0 | 0 |
| Eversource Energy | COMMON | 30040W108 |  | 55571436 | 873490 | SH |  | SOLE |  | 873490 | 0 | 0 |
| Exelixis Inc | COMMON | 30161Q104 |  | 93845857 | 2129231 | SH |  | SOLE |  | 2129231 | 0 | 0 |
| ExlService Holdings Inc | COMMON | 302081104 |  | 9122683 | 208328 | SH |  | SOLE |  | 208328 | 0 | 0 |
| Expedia Group Inc | COMMON | 30212P303 |  | 43922586 | 260390 | SH |  | SOLE |  | 260390 | 0 | 0 |
| Expeditors International of Washington Inc | COMMON | 302130109 |  | 76744583 | 671725 | SH |  | SOLE |  | 671725 | 0 | 0 |
| Extra Space Storage Inc | REIT | 30225T102 |  | 1188956 | 8064 | SH |  | SOLE |  | 8064 | 0 | 0 |
| F5 Inc | COMMON | 315616102 |  | 50597142 | 171912 | SH |  | SOLE |  | 171912 | 0 | 0 |
| FactSet Research Systems Inc | COMMON | 303075105 |  | 8652185 | 19344 | SH |  | SOLE |  | 19344 | 0 | 0 |
| Fair Isaac Corp | COMMON | 303250104 |  | 35413069 | 19373 | SH |  | SOLE |  | 19373 | 0 | 0 |
| Fastenal Co | COMMON | 311900104 |  | 8797068 | 209454 | SH |  | SOLE |  | 209454 | 0 | 0 |
| Federal Realty Investment Trust | REIT | 313745101 |  | 6193348 | 65200 | SH |  | SOLE |  | 65200 | 0 | 0 |
| Financiere Sun Life du Canada Inc | COMMON | 866796105 |  | 17534181 | 264048 | SH |  | SOLE |  | 264048 | 0 | 0 |
| First Citizens BancShares Inc | COMMON | 31946M103 |  | 7808272 | 3991 | SH |  | SOLE |  | 3991 | 0 | 0 |
| Fiserv Inc | COMMON | 337738108 |  | 28010591 | 162465 | SH |  | SOLE |  | 162465 | 0 | 0 |
| Flex Ltd | COMMON | Y2573F102 |  | 40280449 | 806900 | SH |  | SOLE |  | 806900 | 0 | 0 |
| Fluor Corp | COMMON | 343412102 |  | 13339582 | 260183 | SH |  | SOLE |  | 260183 | 0 | 0 |
| Fortinet Inc | COMMON | 34959E109 |  | 141777601 | 1341067 | SH |  | SOLE |  | 1341067 | 0 | 0 |
| Fox Corp | COMMON | 35137L105 |  | 39380429 | 702720 | SH |  | SOLE |  | 702720 | 0 | 0 |
| Franco-Nevada Corp | COMMON | 351858105 |  | 60303115 | 368044 | SH |  | SOLE |  | 368044 | 0 | 0 |
| Franklin Resources Inc | COMMON | 354613101 |  | 5514120 | 231200 | SH |  | SOLE |  | 231200 | 0 | 0 |
| Fury Gold Mines Ltd | COMMON | 36117T100 |  | 753627 | 1512241 | SH |  | SOLE |  | 1512241 | 0 | 0 |
| Futu Holdings Ltd | ADR | 36118L106 |  | 16869417 | 136495 | SH |  | SOLE |  | 136495 | 0 | 0 |
| Garmin Ltd | COMMON | H2906T109 |  | 97137659 | 465397 | SH |  | SOLE |  | 465397 | 0 | 0 |
| Gartner Inc | COMMON | 366651107 |  | 8235982 | 20375 | SH |  | SOLE |  | 20375 | 0 | 0 |
| GE HealthCare Technologies Inc | COMMON | 36266G107 |  | 13629102 | 184003 | SH |  | SOLE |  | 184003 | 0 | 0 |
| GE Vernova Inc | COMMON | 36828A101 |  | 17745574 | 33536 | SH |  | SOLE |  | 33536 | 0 | 0 |
| Gen Digital Inc | COMMON | 668771108 |  | 5073529 | 172569 | SH |  | SOLE |  | 172569 | 0 | 0 |
| General Electric Co | COMMON | 369604301 |  | 239776551 | 931569 | SH |  | SOLE |  | 931569 | 0 | 0 |
| General Mills Inc | COMMON | 370334104 |  | 40121146 | 774390 | SH |  | SOLE |  | 774390 | 0 | 0 |
| General Motors Co | COMMON | 37045V100 |  | 2568762 | 52200 | SH |  | SOLE |  | 52200 | 0 | 0 |
| GFL Environmental Inc | COMMON | 36168Q104 |  | 59677104 | 1184600 | SH |  | SOLE |  | 1184600 | 0 | 0 |
| Gilead Sciences Inc | COMMON | 375558103 |  | 151829036 | 1369433 | SH |  | SOLE |  | 1369433 | 0 | 0 |
| Global Payments Inc | COMMON | 37940X102 |  | 6907452 | 86300 | SH |  | SOLE |  | 86300 | 0 | 0 |
| GoDaddy Inc | COMMON | 380237107 |  | 119262382 | 662348 | SH |  | SOLE |  | 662348 | 0 | 0 |
| Goldman Sachs Group Inc. The | COMMON | 38141G104 |  | 155964740 | 220367 | SH |  | SOLE |  | 220367 | 0 | 0 |
| Graco Inc | COMMON | 384109104 |  | 32701183 | 380379 | SH |  | SOLE |  | 380379 | 0 | 0 |
| H Block Inc | COMMON | 093671105 |  | 1466496 | 26717 | SH |  | SOLE |  | 26717 | 0 | 0 |
| Halliburton Co | COMMON | 406216101 |  | 38560469 | 1892074 | SH |  | SOLE |  | 1892074 | 0 | 0 |
| Halozyme Therapeutics Inc | COMMON | 40637H109 |  | 69770266 | 1341220 | SH |  | SOLE |  | 1341220 | 0 | 0 |
| HARTFORD INSURA | COMMON | 416515104 |  | 103201255 | 813441 | SH |  | SOLE |  | 813441 | 0 | 0 |
| Health Care Select Sector SPDR Fund | ETF | 81369Y209 |  | 520077227 | 3858426 | SH |  | SOLE |  | 3858426 | 0 | 0 |
| Healthpeak Properties Inc | REIT | 42250P103 |  | 1026646 | 58632 | SH |  | SOLE |  | 58632 | 0 | 0 |
| Hilton Worldwide Holdings Inc | COMMON | 43300A203 |  | 8902681 | 33426 | SH |  | SOLE |  | 33426 | 0 | 0 |
| Home Depot Inc The | COMMON | 437076102 |  | 155468922 | 424037 | SH |  | SOLE |  | 424037 | 0 | 0 |
| Honeywell International Inc | COMMON | 438516106 |  | 66989796 | 287658 | SH |  | SOLE |  | 287658 | 0 | 0 |
| Hormel Foods Corp | COMMON | 440452100 |  | 1298935 | 42940 | SH |  | SOLE |  | 42940 | 0 | 0 |
| Host Hotels  Resorts Inc | REIT | 44107P104 |  | 18836045 | 1226305 | SH |  | SOLE |  | 1226305 | 0 | 0 |
| Houlihan Lokey Inc | COMMON | 441593100 |  | 6006731 | 33380 | SH |  | SOLE |  | 33380 | 0 | 0 |
| Howmet Aerospace Inc | COMMON | 443201108 |  | 52969434 | 284583 | SH |  | SOLE |  | 284583 | 0 | 0 |
| HubSpot Inc | COMMON | 443573100 |  | 2681843 | 4818 | SH |  | SOLE |  | 4818 | 0 | 0 |
| Humana Inc | COMMON | 444859102 |  | 29160108 | 119274 | SH |  | SOLE |  | 119274 | 0 | 0 |
| ICICI Bank Ltd | ADR | 45104G104 |  | 7908764 | 235100 | SH |  | SOLE |  | 235100 | 0 | 0 |
| IDEXX Laboratories Inc | COMMON | 45168D104 |  | 97128490 | 181095 | SH |  | SOLE |  | 181095 | 0 | 0 |
| Illinois Tool Works Inc | COMMON | 452308109 |  | 26711654 | 108035 | SH |  | SOLE |  | 108035 | 0 | 0 |
| Incyte Corp | COMMON | 45337C102 |  | 27983789 | 410922 | SH |  | SOLE |  | 410922 | 0 | 0 |
| Ingredion Inc | COMMON | 457187102 |  | 76679141 | 565397 | SH |  | SOLE |  | 565397 | 0 | 0 |
| Insulet Corp | COMMON | 45784P101 |  | 20974029 | 66758 | SH |  | SOLE |  | 66758 | 0 | 0 |
| Intel Corp | COMMON | 458140100 |  | 24257027 | 1082903 | SH |  | SOLE |  | 1082903 | 0 | 0 |
| Interactive Brokers Group Inc | COMMON | 45841N107 |  | 8437890 | 152281 | SH |  | SOLE |  | 152281 | 0 | 0 |
| Intercontinental Exchange Inc | COMMON | 45866F104 |  | 129343601 | 704985 | SH |  | SOLE |  | 704985 | 0 | 0 |
| International Business Machines Corp | COMMON | 459200101 |  | 65251617 | 221357 | SH |  | SOLE |  | 221357 | 0 | 0 |
| Intuit Inc | COMMON | 461202103 |  | 109466395 | 138982 | SH |  | SOLE |  | 138982 | 0 | 0 |
| Intuitive Surgical Inc | COMMON | 46120E602 |  | 175270918 | 322539 | SH |  | SOLE |  | 322539 | 0 | 0 |
| Invesco S 500 Equal Weight ETF | ETF | 46137V357 |  | 4301604 | 23669 | SH |  | SOLE |  | 23669 | 0 | 0 |
| iShares Core S 500 ETF | ETF | 464287200 |  | 52776501 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| iShares J.P. Morgan USD Emerging Markets Bond ETF | ETF | 464288281 |  | 79635999 | 860000 | SH |  | SOLE |  | 860000 | 0 | 0 |
| iShares MSCI EAFE Value ETF | ETF | 464288877 |  | 66536243 | 1048145 | SH |  | SOLE |  | 1048145 | 0 | 0 |
| iShares MSCI Emerging Markets ETF | ETF | 464287234 |  | 7795439 | 161597 | SH |  | SOLE |  | 161597 | 0 | 0 |
| iShares MSCI South Korea ETF | ETF | 464286772 |  | 16868300 | 235000 | SH |  | SOLE |  | 235000 | 0 | 0 |
| iShares MSCI USA Min Vol Factor ETF | ETF | 46429B697 |  | 122471434 | 1304692 | SH |  | SOLE |  | 1304692 | 0 | 0 |
| iShares MSCI USA Quality Factor ETF | ETF | 46432F339 |  | 62252218 | 340511 | SH |  | SOLE |  | 340511 | 0 | 0 |
| iShares Russell 1000 Value ETF | ETF | 464287598 |  | 6720163 | 34599 | SH |  | SOLE |  | 34599 | 0 | 0 |
| Jabil Inc | COMMON | 466313103 |  | 27993354 | 128351 | SH |  | SOLE |  | 128351 | 0 | 0 |
| Jack Henry  Associates Inc | COMMON | 426281101 |  | 5844174 | 32437 | SH |  | SOLE |  | 32437 | 0 | 0 |
| Jacobs Solutions Inc | COMMON | 46982L108 |  | 131381388 | 999478 | SH |  | SOLE |  | 999478 | 0 | 0 |
| Johnson  Johnson | COMMON | 478160104 |  | 499912560 | 3272750 | SH |  | SOLE |  | 3272750 | 0 | 0 |
| Jones Lang LaSalle Inc | COMMON | 48020Q107 |  | 92873721 | 363100 | SH |  | SOLE |  | 363100 | 0 | 0 |
| JPMorgan Chase  Co | COMMON | 46625H100 |  | 512092682 | 1766385 | SH |  | SOLE |  | 1766385 | 0 | 0 |
| Juniper Networks Inc | COMMON | 48203R104 |  | 34014092 | 851843 | SH |  | SOLE |  | 851843 | 0 | 0 |
| Kellanova | COMMON | 487836108 |  | 525932 | 6613 | SH |  | SOLE |  | 6613 | 0 | 0 |
| Keysight Technologies Inc | COMMON | 49338L103 |  | 20558531 | 125464 | SH |  | SOLE |  | 125464 | 0 | 0 |
| Kimco Realty Corp | REIT | 49446R109 |  | 14284856 | 679584 | SH |  | SOLE |  | 679584 | 0 | 0 |
| KKR  Co Inc | COMMON | 48251W104 |  | 78797391 | 592328 | SH |  | SOLE |  | 592328 | 0 | 0 |
| KLA Corp | COMMON | 482480100 |  | 33526652 | 37429 | SH |  | SOLE |  | 37429 | 0 | 0 |
| Kraft Heinz Co The | COMMON | 500754106 |  | 274441 | 10629 | SH |  | SOLE |  | 10629 | 0 | 0 |
| Kroger Company The | COMMON | 501044101 |  | 135167648 | 1884395 | SH |  | SOLE |  | 1884395 | 0 | 0 |
| KT Corp | ADR | 48268K101 |  | 15510899 | 746434 | SH |  | SOLE |  | 746434 | 0 | 0 |
| L3Harris Technologies Inc | COMMON | 502431109 |  | 144999821 | 578057 | SH |  | SOLE |  | 578057 | 0 | 0 |
| Lam Research Corp | COMMON | 512807306 |  | 94694297 | 972820 | SH |  | SOLE |  | 972820 | 0 | 0 |
| Leidos Holdings Inc | COMMON | 525327102 |  | 1240467 | 7863 | SH |  | SOLE |  | 7863 | 0 | 0 |
| Lennar Corp | COMMON | 526057104 |  | 59258090 | 535739 | SH |  | SOLE |  | 535739 | 0 | 0 |
| Lennox International Inc | COMMON | 526107107 |  | 11472252 | 20013 | SH |  | SOLE |  | 20013 | 0 | 0 |
| Liberty Media Corp-Liberty Formula One | UNITS | 531229755 |  | 9179071 | 87838 | SH |  | SOLE |  | 87838 | 0 | 0 |
| Lightspeed Commerce Inc | COMMON | 53229C107 |  | 284421980 | 24286219 | SH |  | SOLE |  | 24286219 | 0 | 0 |
| Linde PLC | COMMON | G54950103 |  | 77418923 | 165009 | SH |  | SOLE |  | 165009 | 0 | 0 |
| Live Nation Entertainment Inc | COMMON | 538034109 |  | 2041524 | 13495 | SH |  | SOLE |  | 13495 | 0 | 0 |
| Lockheed Martin Corp | COMMON | 539830109 |  | 6290367 | 13582 | SH |  | SOLE |  | 13582 | 0 | 0 |
| Loews Corp | COMMON | 540424108 |  | 4670719 | 50957 | SH |  | SOLE |  | 50957 | 0 | 0 |
| Logitech International SA | COMMON | H50430232 |  | 83384232 | 929017 | SH |  | SOLE |  | 929017 | 0 | 0 |
| Louisiana-Pacific Corp | COMMON | 546347105 |  | 47701318 | 554731 | SH |  | SOLE |  | 554731 | 0 | 0 |
| LPL Financial Holdings Inc | COMMON | 50212V100 |  | 117997438 | 314685 | SH |  | SOLE |  | 314685 | 0 | 0 |
| Lululemon Athletica Inc | COMMON | 550021109 |  | 89751546 | 377774 | SH |  | SOLE |  | 377774 | 0 | 0 |
| M Bank Corp | COMMON | 55261F104 |  | 9766232 | 50344 | SH |  | SOLE |  | 50344 | 0 | 0 |
| Manhattan Associates Inc | COMMON | 562750109 |  | 76249287 | 386131 | SH |  | SOLE |  | 386131 | 0 | 0 |
| Markel Group Inc | COMMON | 570535104 |  | 20261219 | 10144 | SH |  | SOLE |  | 10144 | 0 | 0 |
| MarketAxess Holdings Inc | COMMON | 57060D108 |  | 5643132 | 25267 | SH |  | SOLE |  | 25267 | 0 | 0 |
| Marsh  McLennan Cos Inc | COMMON | 571748102 |  | 9912263 | 45336 | SH |  | SOLE |  | 45336 | 0 | 0 |
| Mastercard Inc | COMMON | 57636Q104 |  | 753925113 | 1341647 | SH |  | SOLE |  | 1341647 | 0 | 0 |
| Materials Select Sector SPDR Fund | ETF | 81369Y100 |  | 57544789 | 655333 | SH |  | SOLE |  | 655333 | 0 | 0 |
| Matson Inc | COMMON | 57686G105 |  | 33880797 | 304273 | SH |  | SOLE |  | 304273 | 0 | 0 |
| McDonald's Corp | COMMON | 580135101 |  | 117513111 | 402208 | SH |  | SOLE |  | 402208 | 0 | 0 |
| McKesson Corp | COMMON | 58155Q103 |  | 143125118 | 195318 | SH |  | SOLE |  | 195318 | 0 | 0 |
| MDU Resources Group Inc | COMMON | 552690109 |  | 1146779 | 68793 | SH |  | SOLE |  | 68793 | 0 | 0 |
| Medpace Holdings Inc | COMMON | 58506Q109 |  | 63548488 | 202474 | SH |  | SOLE |  | 202474 | 0 | 0 |
| Medtronic PLC | COMMON | G5960L103 |  | 60324427 | 692032 | SH |  | SOLE |  | 692032 | 0 | 0 |
| MercadoLibre Inc | COMMON | 58733R102 |  | 54023733 | 20670 | SH |  | SOLE |  | 20670 | 0 | 0 |
| Merck  Co Inc | COMMON | 58933Y105 |  | 349895997 | 4420111 | SH |  | SOLE |  | 4420111 | 0 | 0 |
| Meta Platforms Inc | COMMON | 30303M102 |  | 1109629045 | 1503379 | SH |  | SOLE |  | 1503379 | 0 | 0 |
| Mettler-Toledo International Inc | COMMON | 592688105 |  | 1259300 | 1072 | SH |  | SOLE |  | 1072 | 0 | 0 |
| MGIC Investment Corp | COMMON | 552848103 |  | 91206320 | 3276089 | SH |  | SOLE |  | 3276089 | 0 | 0 |
| Micron Technology Inc | COMMON | 595112103 |  | 35674465 | 289448 | SH |  | SOLE |  | 289448 | 0 | 0 |
| Microsoft Corp | COMMON | 594918104 |  | 2223118259 | 4469388 | SH |  | SOLE |  | 4469388 | 0 | 0 |
| Mizuho Financial Group Inc | ADR | 60687Y109 |  | 9234048 | 1660800 | SH |  | SOLE |  | 1660800 | 0 | 0 |
| Molina Healthcare Inc | COMMON | 60855R100 |  | 7337575 | 24631 | SH |  | SOLE |  | 24631 | 0 | 0 |
| Molson Coors Beverage Co | COMMON | 60871R209 |  | 45308523 | 942161 | SH |  | SOLE |  | 942161 | 0 | 0 |
| Mondelez International Inc | COMMON | 609207105 |  | 74081694 | 1098483 | SH |  | SOLE |  | 1098483 | 0 | 0 |
| Monolithic Power Systems Inc | COMMON | 609839105 |  | 48231587 | 65946 | SH |  | SOLE |  | 65946 | 0 | 0 |
| Monster Beverage Corp | COMMON | 61174X109 |  | 110485810 | 1763822 | SH |  | SOLE |  | 1763822 | 0 | 0 |
| Moody's Corp | COMMON | 615369105 |  | 19277107 | 38432 | SH |  | SOLE |  | 38432 | 0 | 0 |
| Morgan Stanley | COMMON | 617446448 |  | 23602502 | 167560 | SH |  | SOLE |  | 167560 | 0 | 0 |
| Mosaic Company The | COMMON | 61945C103 |  | 73032155 | 2001978 | SH |  | SOLE |  | 2001978 | 0 | 0 |
| Motorola Solutions Inc | COMMON | 620076307 |  | 132130392 | 314252 | SH |  | SOLE |  | 314252 | 0 | 0 |
| MSCI Inc | COMMON | 55354G100 |  | 9146520 | 15859 | SH |  | SOLE |  | 15859 | 0 | 0 |
| Mueller Industries Inc | COMMON | 624756102 |  | 93148535 | 1172122 | SH |  | SOLE |  | 1172122 | 0 | 0 |
| Murphy USA Inc | COMMON | 626755102 |  | 11060485 | 27189 | SH |  | SOLE |  | 27189 | 0 | 0 |
| Natera Inc | COMMON | 632307104 |  | 2000925 | 11844 | SH |  | SOLE |  | 11844 | 0 | 0 |
| Netflix Inc | COMMON | 64110L106 |  | 446944012 | 333757 | SH |  | SOLE |  | 333757 | 0 | 0 |
| New Oriental Education  Technology Group Inc | ADR | 647581206 |  | 1292210 | 23952 | SH |  | SOLE |  | 23952 | 0 | 0 |
| NewMarket Corp | COMMON | 651587107 |  | 14393378 | 20834 | SH |  | SOLE |  | 20834 | 0 | 0 |
| Newmont Corp | COMMON | 651639106 |  | 147600663 | 2533482 | SH |  | SOLE |  | 2533482 | 0 | 0 |
| NextEra Energy Inc | COMMON | 65339F101 |  | 127902112 | 1842439 | SH |  | SOLE |  | 1842439 | 0 | 0 |
| Nike Inc | COMMON | 654106103 |  | 45466026 | 640006 | SH |  | SOLE |  | 640006 | 0 | 0 |
| Northern Trust Corp | COMMON | 665859104 |  | 23383626 | 184428 | SH |  | SOLE |  | 184428 | 0 | 0 |
| Northrop Grumman Corp | COMMON | 666807102 |  | 73232070 | 146470 | SH |  | SOLE |  | 146470 | 0 | 0 |
| Nouveau Monde Graphite Inc | COMMON | 66979W842 |  | 1221380 | 744006 | SH |  | SOLE |  | 744006 | 0 | 0 |
| NOV Inc | COMMON | 62955J103 |  | 2059216 | 165665 | SH |  | SOLE |  | 165665 | 0 | 0 |
| NRG Energy Inc | COMMON | 629377508 |  | 160853470 | 1001703 | SH |  | SOLE |  | 1001703 | 0 | 0 |
| NU Holdings Ltd/ | COMMON | G6683N103 |  | 26108693 | 1902966 | SH |  | SOLE |  | 1902966 | 0 | 0 |
| Nucor Corp | COMMON | 670346105 |  | 29454417 | 227377 | SH |  | SOLE |  | 227377 | 0 | 0 |
| Nutanix Inc | COMMON | 67059N108 |  | 3928328 | 51391 | SH |  | SOLE |  | 51391 | 0 | 0 |
| Nutrien Ltd | COMMON | 67077M108 |  | 56790232 | 976563 | SH |  | SOLE |  | 976563 | 0 | 0 |
| Nvidia Corp | COMMON | 67066G104 |  | 2215833938 | 14025153 | SH |  | SOLE |  | 14025153 | 0 | 0 |
| NVR Inc | COMMON | 62944T105 |  | 147107576 | 19918 | SH |  | SOLE |  | 19918 | 0 | 0 |
| Okta Inc | COMMON | 679295105 |  | 5639808 | 56415 | SH |  | SOLE |  | 56415 | 0 | 0 |
| Old Dominion Freight Line Inc | COMMON | 679580100 |  | 31983326 | 197063 | SH |  | SOLE |  | 197063 | 0 | 0 |
| Oracle Corp | COMMON | 68389X105 |  | 133144800 | 608996 | SH |  | SOLE |  | 608996 | 0 | 0 |
| O'Reilly Automotive Inc | COMMON | 67103H107 |  | 5962911 | 66159 | SH |  | SOLE |  | 66159 | 0 | 0 |
| Otter Tail Corp | COMMON | 689648103 |  | 43476679 | 563973 | SH |  | SOLE |  | 563973 | 0 | 0 |
| Owens Corning | COMMON | 690742101 |  | 13329813 | 96930 | SH |  | SOLE |  | 96930 | 0 | 0 |
| Packaging Corp of America | COMMON | 695156109 |  | 28885617 | 153280 | SH |  | SOLE |  | 153280 | 0 | 0 |
| Palo Alto Networks Inc | COMMON | 697435105 |  | 44828438 | 219060 | SH |  | SOLE |  | 219060 | 0 | 0 |
| Parker-Hannifin Corp | COMMON | 701094104 |  | 3947054 | 5651 | SH |  | SOLE |  | 5651 | 0 | 0 |
| Paychex Inc | COMMON | 704326107 |  | 373978 | 2571 | SH |  | SOLE |  | 2571 | 0 | 0 |
| Paycom Software Inc | COMMON | 70432V102 |  | 38261066 | 165346 | SH |  | SOLE |  | 165346 | 0 | 0 |
| PayPal Holdings Inc | COMMON | 70450Y103 |  | 116747280 | 1570873 | SH |  | SOLE |  | 1570873 | 0 | 0 |
| Pentair PLC | COMMON | G7S00T104 |  | 25359484 | 247024 | SH |  | SOLE |  | 247024 | 0 | 0 |
| PepsiCo Inc | COMMON | 713448108 |  | 136278877 | 1032103 | SH |  | SOLE |  | 1032103 | 0 | 0 |
| Pfizer Inc | COMMON | 717081103 |  | 5419215 | 223565 | SH |  | SOLE |  | 223565 | 0 | 0 |
| PG Corp | COMMON | 69331C108 |  | 18679656 | 1340004 | SH |  | SOLE |  | 1340004 | 0 | 0 |
| Pinterest Inc | COMMON | 72352L106 |  | 63884734 | 1781504 | SH |  | SOLE |  | 1781504 | 0 | 0 |
| PNC Financial Services Group Inc The | COMMON | 693475105 |  | 30367818 | 162900 | SH |  | SOLE |  | 162900 | 0 | 0 |
| Procter  Gamble Company The | COMMON | 742718109 |  | 408752827 | 2565609 | SH |  | SOLE |  | 2565609 | 0 | 0 |
| Progressive Corp The | COMMON | 743315103 |  | 306670435 | 1149181 | SH |  | SOLE |  | 1149181 | 0 | 0 |
| Prologis Inc | REIT | 74340W103 |  | 3600255 | 34249 | SH |  | SOLE |  | 34249 | 0 | 0 |
| PTC Inc | COMMON | 69370C100 |  | 9033201 | 52415 | SH |  | SOLE |  | 52415 | 0 | 0 |
| Public Storage | REIT | 74460D109 |  | 104160281 | 354987 | SH |  | SOLE |  | 354987 | 0 | 0 |
| PulteGroup Inc | COMMON | 745867101 |  | 224372579 | 2127561 | SH |  | SOLE |  | 2127561 | 0 | 0 |
| Qifu Technology Inc | ADR | 88557W101 |  | 7995584 | 184400 | SH |  | SOLE |  | 184400 | 0 | 0 |
| Qualcomm Inc | COMMON | 747525103 |  | 125496882 | 788000 | SH |  | SOLE |  | 788000 | 0 | 0 |
| Qualys Inc | COMMON | 74758T303 |  | 1420414 | 9942 | SH |  | SOLE |  | 9942 | 0 | 0 |
| Quest Diagnostics Inc | COMMON | 74834L100 |  | 255973 | 1425 | SH |  | SOLE |  | 1425 | 0 | 0 |
| Radian Group Inc | COMMON | 750236101 |  | 18287714 | 507710 | SH |  | SOLE |  | 507710 | 0 | 0 |
| Ralph Lauren Corp | COMMON | 751212101 |  | 11938860 | 43528 | SH |  | SOLE |  | 43528 | 0 | 0 |
| Rambus Inc | COMMON | 750917106 |  | 856524 | 13379 | SH |  | SOLE |  | 13379 | 0 | 0 |
| Raymond James Financial Inc | COMMON | 754730109 |  | 42350977 | 276136 | SH |  | SOLE |  | 276136 | 0 | 0 |
| Rayonier Inc | REIT | 754907103 |  | 2361992 | 106492 | SH |  | SOLE |  | 106492 | 0 | 0 |
| RB Global Inc | COMMON | 74935Q107 |  | 114851729 | 1082885 | SH |  | SOLE |  | 1082885 | 0 | 0 |
| Realty Income Corp | REIT | 756109104 |  | 14321845 | 248600 | SH |  | SOLE |  | 248600 | 0 | 0 |
| Reddit Inc | COMMON | 75734B100 |  | 2182512 | 14495 | SH |  | SOLE |  | 14495 | 0 | 0 |
| Redevances Auriferes Osisko Ltee | COMMON | 68390D106 |  | 122277453 | 4767074 | SH |  | SOLE |  | 4767074 | 0 | 0 |
| Regency Centers Corp | REIT | 758849103 |  | 14633491 | 205440 | SH |  | SOLE |  | 205440 | 0 | 0 |
| Regeneron Pharmaceuticals Inc | COMMON | 75886F107 |  | 112729047 | 214722 | SH |  | SOLE |  | 214722 | 0 | 0 |
| Reliance Inc | COMMON | 759509102 |  | 52952419 | 168692 | SH |  | SOLE |  | 168692 | 0 | 0 |
| Republic Services Inc | COMMON | 760759100 |  | 219399294 | 889661 | SH |  | SOLE |  | 889661 | 0 | 0 |
| ResMed Inc | COMMON | 761152107 |  | 114066961 | 442120 | SH |  | SOLE |  | 442120 | 0 | 0 |
| Rollins Inc | COMMON | 775711104 |  | 23074144 | 408971 | SH |  | SOLE |  | 408971 | 0 | 0 |
| Roper Technologies Inc | COMMON | 776696106 |  | 199622918 | 352168 | SH |  | SOLE |  | 352168 | 0 | 0 |
| Ross Stores Inc | COMMON | 778296103 |  | 16161963 | 126681 | SH |  | SOLE |  | 126681 | 0 | 0 |
| Royal Caribbean Cruises Ltd | COMMON | V7780T103 |  | 17604731 | 56220 | SH |  | SOLE |  | 56220 | 0 | 0 |
| Royal Gold Inc | COMMON | 780287108 |  | 18930712 | 106448 | SH |  | SOLE |  | 106448 | 0 | 0 |
| Royalty Pharma PLC | COMMON | G7709Q104 |  | 2822122 | 78327 | SH |  | SOLE |  | 78327 | 0 | 0 |
| RPM International Inc | COMMON | 749685103 |  | 34519528 | 314271 | SH |  | SOLE |  | 314271 | 0 | 0 |
| RTX Corp | COMMON | 75513E101 |  | 14876372 | 101879 | SH |  | SOLE |  | 101879 | 0 | 0 |
| S Global Inc | COMMON | 78409V104 |  | 142471118 | 270195 | SH |  | SOLE |  | 270195 | 0 | 0 |
| SailPoint Inc | COMMON | 78781J109 |  | 3134563 | 137120 | SH |  | SOLE |  | 137120 | 0 | 0 |
| salesforce.com Inc | COMMON | 79466L302 |  | 233702977 | 857028 | SH |  | SOLE |  | 857028 | 0 | 0 |
| Sandstorm Gold Ltd | COMMON | 80013R206 |  | 42857407 | 4565100 | SH |  | SOLE |  | 4565100 | 0 | 0 |
| SBA Communications Corp | REIT | 78410G104 |  | 18981647 | 80828 | SH |  | SOLE |  | 80828 | 0 | 0 |
| Schlumberger NV | COMMON | 806857108 |  | 1016873 | 30085 | SH |  | SOLE |  | 30085 | 0 | 0 |
| Sea Ltd | ADR | 81141R100 |  | 62590440 | 391337 | SH |  | SOLE |  | 391337 | 0 | 0 |
| SEI Investments Co | COMMON | 784117103 |  | 92201211 | 1026054 | SH |  | SOLE |  | 1026054 | 0 | 0 |
| ServiceNow Inc | COMMON | 81762P102 |  | 67199420 | 65364 | SH |  | SOLE |  | 65364 | 0 | 0 |
| Shopify Inc | COMMON | 82509L107 |  | 155708576 | 1352564 | SH |  | SOLE |  | 1352564 | 0 | 0 |
| Simon Property Group Inc | REIT | 828806109 |  | 95415722 | 593529 | SH |  | SOLE |  | 593529 | 0 | 0 |
| Snap-on Inc | COMMON | 833034101 |  | 128348365 | 412457 | SH |  | SOLE |  | 412457 | 0 | 0 |
| Societe Financiere Manuvie | COMMON | 56501R106 |  | 36362202 | 1139555 | SH |  | SOLE |  | 1139555 | 0 | 0 |
| Southern Company The | COMMON | 842587107 |  | 1057239 | 11513 | SH |  | SOLE |  | 11513 | 0 | 0 |
| Southern Copper Corp | COMMON | 84265V105 |  | 2994430 | 29598 | SH |  | SOLE |  | 29598 | 0 | 0 |
| Spotify Technology SA | COMMON | L8681T102 |  | 57396262 | 74799 | SH |  | SOLE |  | 74799 | 0 | 0 |
| Sprouts Farmers Market Inc | COMMON | 85208M102 |  | 37609703 | 228436 | SH |  | SOLE |  | 228436 | 0 | 0 |
| SS Technologies Holdings Inc | COMMON | 78467J100 |  | 132107820 | 1595505 | SH |  | SOLE |  | 1595505 | 0 | 0 |
| Standardaero Inc | COMMON | 85423L103 |  | 3624716 | 114525 | SH |  | SOLE |  | 114525 | 0 | 0 |
| Starbucks Corp | COMMON | 855244109 |  | 11151005 | 121696 | SH |  | SOLE |  | 121696 | 0 | 0 |
| State Street Corp | COMMON | 857477103 |  | 24860910 | 233787 | SH |  | SOLE |  | 233787 | 0 | 0 |
| Steel Dynamics Inc | COMMON | 858119100 |  | 26880821 | 209990 | SH |  | SOLE |  | 209990 | 0 | 0 |
| STERIS PLC | COMMON | G8473T100 |  | 1657038 | 6898 | SH |  | SOLE |  | 6898 | 0 | 0 |
| StoneCo Ltd | COMMON | G85158106 |  | 6945801 | 433030 | SH |  | SOLE |  | 433030 | 0 | 0 |
| Stryker Corp | COMMON | 863667101 |  | 37552407 | 94918 | SH |  | SOLE |  | 94918 | 0 | 0 |
| Synchrony Financial | COMMON | 87165B103 |  | 86811919 | 1300748 | SH |  | SOLE |  | 1300748 | 0 | 0 |
| Synopsys Inc | COMMON | 871607107 |  | 46958924 | 91595 | SH |  | SOLE |  | 91595 | 0 | 0 |
| T Rowe Price Group Inc | COMMON | 74144T108 |  | 69670396 | 721973 | SH |  | SOLE |  | 721973 | 0 | 0 |
| Target Corp | COMMON | 87612E106 |  | 2561743 | 25968 | SH |  | SOLE |  | 25968 | 0 | 0 |
| Teck Resources Ltd | COMMON | 878742204 |  | 45637110 | 1130776 | SH |  | SOLE |  | 1130776 | 0 | 0 |
| Teledyne Technologies Inc | COMMON | 879360105 |  | 123723890 | 241502 | SH |  | SOLE |  | 241502 | 0 | 0 |
| Tenet Healthcare Corp | COMMON | 88033G407 |  | 12728144 | 72319 | SH |  | SOLE |  | 72319 | 0 | 0 |
| Tesla Inc | COMMON | 88160R101 |  | 230613529 | 725976 | SH |  | SOLE |  | 725976 | 0 | 0 |
| Texas Instruments Inc | COMMON | 882508104 |  | 83524485 | 402295 | SH |  | SOLE |  | 402295 | 0 | 0 |
| Thermo Fisher Scientific Inc | COMMON | 883556102 |  | 1141775 | 2816 | SH |  | SOLE |  | 2816 | 0 | 0 |
| TJX Cos Inc The | COMMON | 872540109 |  | 173984446 | 1408895 | SH |  | SOLE |  | 1408895 | 0 | 0 |
| T-Mobile US Inc | COMMON | 872590104 |  | 73360733 | 307902 | SH |  | SOLE |  | 307902 | 0 | 0 |
| Toast Inc | COMMON | 888787108 |  | 28545214 | 644507 | SH |  | SOLE |  | 644507 | 0 | 0 |
| Toll Brothers Inc | COMMON | 889478103 |  | 2562219 | 22450 | SH |  | SOLE |  | 22450 | 0 | 0 |
| Toro Company  The | COMMON | 891092108 |  | 2099196 | 29700 | SH |  | SOLE |  | 29700 | 0 | 0 |
| Trade Desk Inc The | COMMON | 88339J105 |  | 3814102 | 52981 | SH |  | SOLE |  | 52981 | 0 | 0 |
| Tradeweb Markets Inc | COMMON | 892672106 |  | 53571125 | 365923 | SH |  | SOLE |  | 365923 | 0 | 0 |
| Trane Technologies PLC | COMMON | G8994E103 |  | 52320358 | 119614 | SH |  | SOLE |  | 119614 | 0 | 0 |
| TransCanada Corporation | COMMON | 87807B107 |  | 127587131 | 2618722 | SH |  | SOLE |  | 2618722 | 0 | 0 |
| TransForce Inc | COMMON | 87241L109 |  | 363665120 | 4059400 | SH |  | SOLE |  | 4059400 | 0 | 0 |
| Travelers Cos Inc The | COMMON | 89417E109 |  | 14728078 | 55050 | SH |  | SOLE |  | 55050 | 0 | 0 |
| Trimble Inc | COMMON | 896239100 |  | 18250396 | 240200 | SH |  | SOLE |  | 240200 | 0 | 0 |
| Twilio Inc | COMMON | 90138F102 |  | 16347993 | 131457 | SH |  | SOLE |  | 131457 | 0 | 0 |
| Tyler Technologies Inc | COMMON | 902252105 |  | 3058462 | 5159 | SH |  | SOLE |  | 5159 | 0 | 0 |
| Tyson Foods Inc | COMMON | 902494103 |  | 72783648 | 1301102 | SH |  | SOLE |  | 1301102 | 0 | 0 |
| Uber Technologies Inc | COMMON | 90353T100 |  | 177137882 | 1898584 | SH |  | SOLE |  | 1898584 | 0 | 0 |
| Ulta Beauty Inc | COMMON | 90384S303 |  | 39562134 | 84567 | SH |  | SOLE |  | 84567 | 0 | 0 |
| Union Pacific Corp | COMMON | 907818108 |  | 54304405 | 236024 | SH |  | SOLE |  | 236024 | 0 | 0 |
| United Airlines Holdings Inc | COMMON | 910047109 |  | 17060727 | 214250 | SH |  | SOLE |  | 214250 | 0 | 0 |
| United Parcel Service Inc | COMMON | 911312106 |  | 38861901 | 385000 | SH |  | SOLE |  | 385000 | 0 | 0 |
| United Rentals Inc | COMMON | 911363109 |  | 26638716 | 35358 | SH |  | SOLE |  | 35358 | 0 | 0 |
| United Therapeutics Corp | COMMON | 91307C102 |  | 138727118 | 482781 | SH |  | SOLE |  | 482781 | 0 | 0 |
| UnitedHealth Group Inc | COMMON | 91324P102 |  | 202147201 | 647970 | SH |  | SOLE |  | 647970 | 0 | 0 |
| Unum Group | COMMON | 91529Y106 |  | 51546764 | 638271 | SH |  | SOLE |  | 638271 | 0 | 0 |
| US Bancorp | COMMON | 902973304 |  | 2058196 | 45485 | SH |  | SOLE |  | 45485 | 0 | 0 |
| Valmont Industries Inc | COMMON | 920253101 |  | 7304391 | 22367 | SH |  | SOLE |  | 22367 | 0 | 0 |
| Vanguard Real Estate ETF | ETF | 922908553 |  | 60587521 | 680300 | SH |  | SOLE |  | 680300 | 0 | 0 |
| Veeva Systems Inc | COMMON | 922475108 |  | 83503543 | 289963 | SH |  | SOLE |  | 289963 | 0 | 0 |
| Ventas Inc | REIT | 92276F100 |  | 3353265 | 53100 | SH |  | SOLE |  | 53100 | 0 | 0 |
| VeriSign Inc | COMMON | 92343E102 |  | 46236303 | 160098 | SH |  | SOLE |  | 160098 | 0 | 0 |
| Verisk Analytics Inc | COMMON | 92345Y106 |  | 34259081 | 109981 | SH |  | SOLE |  | 109981 | 0 | 0 |
| Verizon Communications Inc | COMMON | 92343V104 |  | 133404611 | 3083074 | SH |  | SOLE |  | 3083074 | 0 | 0 |
| Vertex Pharmaceuticals Inc | COMMON | 92532F100 |  | 28669098 | 64396 | SH |  | SOLE |  | 64396 | 0 | 0 |
| Vertiv Holdings Co | COMMON | 92537N108 |  | 24203616 | 188487 | SH |  | SOLE |  | 188487 | 0 | 0 |
| Vipshop Holdings Ltd | ADR | 92763W103 |  | 4612825 | 306500 | SH |  | SOLE |  | 306500 | 0 | 0 |
| Visa Inc | COMMON | 92826C839 |  | 173865498 | 489693 | SH |  | SOLE |  | 489693 | 0 | 0 |
| Vistra Corp | COMMON | 92840M102 |  | 147525066 | 761184 | SH |  | SOLE |  | 761184 | 0 | 0 |
| VTEX | COMMON | G9470A102 |  | 68772 | 10420 | SH |  | SOLE |  | 10420 | 0 | 0 |
| W R Berkley Corp | COMMON | 084423102 |  | 27937630 | 380259 | SH |  | SOLE |  | 380259 | 0 | 0 |
| Wabtec Corp | COMMON | 929740108 |  | 27028130 | 129105 | SH |  | SOLE |  | 129105 | 0 | 0 |
| Walmart Inc | COMMON | 931142103 |  | 200626867 | 2051819 | SH |  | SOLE |  | 2051819 | 0 | 0 |
| Walt Disney Co The | COMMON | 254687106 |  | 60340784 | 486580 | SH |  | SOLE |  | 486580 | 0 | 0 |
| Warner Bros Discovery Inc | COMMON | 934423104 |  | 7880309 | 687636 | SH |  | SOLE |  | 687636 | 0 | 0 |
| Waste Connections Inc | COMMON | 94106B101 |  | 132281445 | 708951 | SH |  | SOLE |  | 708951 | 0 | 0 |
| Waste Management Inc | COMMON | 94106L109 |  | 3983985 | 17411 | SH |  | SOLE |  | 17411 | 0 | 0 |
| Waters Corp | COMMON | 941848103 |  | 19826171 | 56802 | SH |  | SOLE |  | 56802 | 0 | 0 |
| Watts Water Technologies Inc | COMMON | 942749102 |  | 6794924 | 27634 | SH |  | SOLE |  | 27634 | 0 | 0 |
| Waystar Holding Corp | COMMON | 946784105 |  | 3548620 | 86827 | SH |  | SOLE |  | 86827 | 0 | 0 |
| WEC Energy Group Inc | COMMON | 92939U106 |  | 132019313 | 1266980 | SH |  | SOLE |  | 1266980 | 0 | 0 |
| Wells Fargo  Company | COMMON | 949746101 |  | 243274764 | 3036380 | SH |  | SOLE |  | 3036380 | 0 | 0 |
| Welltower Inc | REIT | 95040Q104 |  | 257959 | 1678 | SH |  | SOLE |  | 1678 | 0 | 0 |
| Wheaton Precious Metals Corp | COMMON | 962879102 |  | 76209431 | 849157 | SH |  | SOLE |  | 849157 | 0 | 0 |
| Williams Cos Inc The | COMMON | 969457100 |  | 131036857 | 2086242 | SH |  | SOLE |  | 2086242 | 0 | 0 |
| Williams-Sonoma Inc | COMMON | 969904101 |  | 131576730 | 805391 | SH |  | SOLE |  | 805391 | 0 | 0 |
| Willis Towers Watson PLC | COMMON | G96629103 |  | 130242275 | 424934 | SH |  | SOLE |  | 424934 | 0 | 0 |
| Woodward Inc | COMMON | 980745103 |  | 1568576 | 6400 | SH |  | SOLE |  | 6400 | 0 | 0 |
| Workday Inc | COMMON | 98138H101 |  | 84705120 | 352938 | SH |  | SOLE |  | 352938 | 0 | 0 |
| WP Carey Inc | REIT | 92936U109 |  | 9958156 | 159637 | SH |  | SOLE |  | 159637 | 0 | 0 |
| WW Grainger Inc | COMMON | 384802104 |  | 96676784 | 92937 | SH |  | SOLE |  | 92937 | 0 | 0 |
| XP Inc | COMMON | G98239109 |  | 12900528 | 638640 | SH |  | SOLE |  | 638640 | 0 | 0 |
| XPO Inc | COMMON | 983793100 |  | 10662160 | 84426 | SH |  | SOLE |  | 84426 | 0 | 0 |
| Yum China Holdings Inc | COMMON | 98850P109 |  | 3179686 | 71118 | SH |  | SOLE |  | 71118 | 0 | 0 |
| Zevia PBC | COMMON | 98955K104 |  | 64471135 | 20022092 | SH |  | SOLE |  | 20022092 | 0 | 0 |
| Zoetis Inc | COMMON | 98978V103 |  | 43958095 | 281873 | SH |  | SOLE |  | 281873 | 0 | 0 |
| Zoom Communications Inc | COMMON | 98980L101 |  | 128245435 | 1644594 | SH |  | SOLE |  | 1644594 | 0 | 0 |

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