# EDGAR Filing Document

**Accession Number:** 0002074098
**File Stem:** 0002074098-26-000002
**Filing Date:** 2026-2
**Character Count:** 19809
**Document Hash:** e19fb7afb9faaf38a523d2a93509d54f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002074098-26-000002.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0002074098-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**EFFECTIVENESS DATE**: 20260213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Taproot Management LP
- **CENTRAL INDEX KEY:** 0002074098

**ORGANIZATION NAME:**
- **EIN:** 992665204
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231
- **LEGAL ENTITY IDENTIFIER:** 25490019U1SFK9NA6E12

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-26337
- **FILM NUMBER:** 26630391

**BUSINESS ADDRESS:**
- **STREET 1:** 1330 AVENUE OF THE AMERICAS
- **STREET 2:** SUITE 12C
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** (646) 846-4427

**MAIL ADDRESS:**
- **STREET 1:** 1330 AVENUE OF THE AMERICAS
- **STREET 2:** SUITE 12C
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

### 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:** Taproot Management LP<br>**Address:** 1330 AVENUE OF THE AMERICAS<br>SUITE 12C<br>NEW YORK, NY 10019

**Form 13F File Number:** 028-26337

**CRD Number (if applicable):** 000335061

**SEC File Number (if applicable):** 801-132798

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:** Daysun Chang<br>**Title:** Chief Compliance Officer<br>**Phone:** (646) 759-1320

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

Daysun Chang  New York, NY  02-13-2026<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:** 147

**Form 13F Information Table Value Total:** $617263260

      (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 | BBG001S5T7X2 | 942989 | 5890 | SH |  | SOLE |  | 5890 | 0 | 0 |
| ALIGNMENT HEALTHCARE INC | COM | 01625V104 | BBG00ZJ0DSS5 | 1836671 | 92996 | SH |  | SOLE |  | 92996 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 7896768 | 136954 | SH |  | SOLE |  | 136954 | 0 | 0 |
| AMERICAN HEALTHCARE REIT INC | COM SHS | 398182303 | BBG01L820DT9 | 7160838 | 152164 | SH |  | SOLE |  | 152164 | 0 | 0 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 | BBG003NXJNJ4 | 6514117 | 202932 | SH |  | SOLE |  | 202932 | 0 | 0 |
| AMN HEALTHCARE SVCS INC | COM | 001744101 | BBG001S6Q193 | 1466295 | 93039 | SH |  | SOLE |  | 93039 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 | BBG001S5ND38 | 3759646 | 13863 | SH |  | SOLE |  | 13863 | 0 | 0 |
| API GROUP CORP | COM STK | 00187Y100 | BBG00HVV7984 | 2202284 | 57561 | SH |  | SOLE |  | 57561 | 0 | 0 |
| APPLE HOSPITALITY REIT INC | COM NEW | 03784Y200 | BBG006473QY8 | 2884693 | 243434 | SH |  | SOLE |  | 243434 | 0 | 0 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 | BBG001S5NK14 | 685062 | 2668 | SH |  | SOLE |  | 2668 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 | BBG001S5NMM7 | 4125974 | 16055 | SH |  | SOLE |  | 16055 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 | BBG01J1GY084 | 1075173 | 9836 | SH |  | SOLE |  | 9836 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 | BBG001SCG0R3 | 966084 | 903 | SH |  | SOLE |  | 903 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 | BBG001SB80N8 | 6434732 | 69996 | SH |  | SOLE |  | 69996 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 | BBG001S6Q5D9 | 1909415 | 563 | SH |  | SOLE |  | 563 | 0 | 0 |
| AVALONBAY CMNTYS INC | COM | 053484101 | BBG001S7J2H8 | 445297 | 2456 | SH |  | SOLE |  | 2456 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 | BBG001S76R05 | 3217065 | 54132 | SH |  | SOLE |  | 54132 | 0 | 0 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 3908377 | 18001 | SH |  | SOLE |  | 18001 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 5376751 | 1004 | SH |  | SOLE |  | 1004 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | BBG001S63L94 | 11328152 | 118806 | SH |  | SOLE |  | 118806 | 0 | 0 |
| BOYD GAMING CORP | COM | 103304101 | BBG001S7DMW3 | 926218 | 10866 | SH |  | SOLE |  | 10866 | 0 | 0 |
| BRIGHT HORIZONS FAM SOL IN D | COM | 109194100 | BBG003LFWPT4 | 2082046 | 20533 | SH |  | SOLE |  | 20533 | 0 | 0 |
| BRIGHTSPRING HEALTH SVCS INC | COM | 10950A106 | BBG0132WL2T0 | 4877451 | 130239 | SH |  | SOLE |  | 130239 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 4065242 | 75366 | SH |  | SOLE |  | 75366 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 5172811 | 14946 | SH |  | SOLE |  | 14946 | 0 | 0 |
| CAMPING WORLD HLDGS INC | CL A | 13462K109 | BBG00D2Z7X92 | 840546 | 86387 | SH |  | SOLE |  | 86387 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 | BBG001S8WVQ7 | 12541594 | 126875 | SH |  | SOLE |  | 126875 | 0 | 0 |
| CARETRUST REIT INC | COM | 14174T107 | BBG005KC4Z61 | 2111455 | 58392 | SH |  | SOLE |  | 58392 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 | BBG001S5PL01 | 1682510 | 55092 | SH |  | SOLE |  | 55092 | 0 | 0 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 | BBG001S5Q5M1 | 2104705 | 6685 | SH |  | SOLE |  | 6685 | 0 | 0 |
| CHEMED CORP NEW | COM | 16359R103 | BBG001S679X0 | 2733170 | 6388 | SH |  | SOLE |  | 6388 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 | BBG001SP50B3 | 2177672 | 58856 | SH |  | SOLE |  | 58856 | 0 | 0 |
| CHOICE HOTELS INTL INC | COM | 169905106 | BBG001S997X6 | 5787712 | 60757 | SH |  | SOLE |  | 60757 | 0 | 0 |
| CHURCHILL DOWNS INC | COM | 171484108 | BBG001S67Z80 | 4961149 | 43603 | SH |  | SOLE |  | 43603 | 0 | 0 |
| CIENA CORP | COM NEW | 171779309 | BBG001S61J73 | 2569764 | 10988 | SH |  | SOLE |  | 10988 | 0 | 0 |
| CINTAS CORP | COM | 172908105 | BBG001S7CRG1 | 3205089 | 17042 | SH |  | SOLE |  | 17042 | 0 | 0 |
| COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 | BBG00B6BFX96 | 1749331 | 19287 | SH |  | SOLE |  | 19287 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 | BBG001S5S6N6 | 1411961 | 7650 | SH |  | SOLE |  | 7650 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 | BBG001SB1GG8 | 4894173 | 5244 | SH |  | SOLE |  | 5244 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 | BBG001SD31G5 | 6591867 | 47781 | SH |  | SOLE |  | 47781 | 0 | 0 |
| COOPER COS INC | COM | 216648501 | BBG001S5Q1H6 | 9330818 | 113846 | SH |  | SOLE |  | 113846 | 0 | 0 |
| CRANE COMPANY | COMMON STOCK | 224408104 | BBG016G0L0V9 | 354290 | 1921 | SH |  | SOLE |  | 1921 | 0 | 0 |
| CUBESMART | COM | 229663109 | BBG001SHP0D7 | 8095785 | 224571 | SH |  | SOLE |  | 224571 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 | BBG001S5QBD8 | 12496184 | 157462 | SH |  | SOLE |  | 157462 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 7228149 | 31575 | SH |  | SOLE |  | 31575 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 | BBG001S7GXB9 | 1006221 | 9706 | SH |  | SOLE |  | 9706 | 0 | 0 |
| DEXCOM INC | COM | 252131107 | BBG001SKZG99 | 4534465 | 68321 | SH |  | SOLE |  | 68321 | 0 | 0 |
| DIAMONDROCK HOSPITALITY CO | COM | 252784301 | BBG001SJ63M8 | 2201364 | 245688 | SH |  | SOLE |  | 245688 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 | BBG0134WCMB3 | 2740811 | 79536 | SH |  | SOLE |  | 79536 | 0 | 0 |
| DUTCH BROS INC | CL A | 26701L100 | BBG01282ZJ56 | 393277 | 6424 | SH |  | SOLE |  | 6424 | 0 | 0 |
| DYCOM INDS INC | COM | 267475101 | BBG001S6MGW8 | 3294863 | 9751 | SH |  | SOLE |  | 9751 | 0 | 0 |
| E L F BEAUTY INC | COM | 26856L103 | BBG00DQ6VYQ2 | 5462714 | 71840 | SH |  | SOLE |  | 71840 | 0 | 0 |
| EASTGROUP PPTYS INC | COM | 277276101 | BBG001S5QT03 | 5521449 | 30995 | SH |  | SOLE |  | 30995 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 | BBG001S6KBQ8 | 3288159 | 9380 | SH |  | SOLE |  | 9380 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 | BBG001S5Q5B3 | 6323609 | 59578 | SH |  | SOLE |  | 59578 | 0 | 0 |
| ENVISTA HOLDINGS CORPORATION | COM | 29415F104 | BBG00LN4B6D9 | 792979 | 36526 | SH |  | SOLE |  | 36526 | 0 | 0 |
| FABRINET | SHS | G3323L100 | BBG001SP57F4 | 1595301 | 3504 | SH |  | SOLE |  | 3504 | 0 | 0 |
| FACTSET RESH SYS INC | COM | 303075105 | BBG001S5XRL6 | 9908247 | 34144 | SH |  | SOLE |  | 34144 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 | BBG001S8ZT61 | 495352 | 293 | SH |  | SOLE |  | 293 | 0 | 0 |
| FASTENAL CO | COM | 311900104 | BBG001S5R1F7 | 1456558 | 36296 | SH |  | SOLE |  | 36296 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 | BBG001S5R3M5 | 9738915 | 33715 | SH |  | SOLE |  | 33715 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 | BBG01NMRD786 | 2538427 | 11402 | SH |  | SOLE |  | 11402 | 0 | 0 |
| GAMING  LEISURE PPTYS INC | COM | 36467J108 | BBG003MSMCT5 | 2662586 | 59579 | SH |  | SOLE |  | 59579 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 | BBG013G17W77 | 9795707 | 14988 | SH |  | SOLE |  | 14988 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 | BBG001S5RNH7 | 9576248 | 77881 | SH |  | SOLE |  | 77881 | 0 | 0 |
| GLOBALFOUNDRIES INC | ORDINARY SHARES | G39387108 | BBG001SV0YS3 | 347000 | 9937 | SH |  | SOLE |  | 9937 | 0 | 0 |
| HASBRO INC | COM | 418056107 | BBG001S5RSQ6 | 1190230 | 14515 | SH |  | SOLE |  | 14515 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 | BBG001S6S7F1 | 3325898 | 44005 | SH |  | SOLE |  | 44005 | 0 | 0 |
| HERSHEY CO | COM | 427866108 | BBG001S5S148 | 6377489 | 35045 | SH |  | SOLE |  | 35045 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 | BBG001S5RY83 | 2464275 | 138989 | SH |  | SOLE |  | 138989 | 0 | 0 |
| HYATT HOTELS CORP | COM CL A | 448579102 | BBG001SFNHB8 | 9275634 | 57857 | SH |  | SOLE |  | 57857 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 | BBG001S5S4Y9 | 5872957 | 8681 | SH |  | SOLE |  | 8681 | 0 | 0 |
| INTEL CORP | COM | 458140100 | BBG001S5SF65 | 5476108 | 148404 | SH |  | SOLE |  | 148404 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 | BBG001S7XR78 | 1263549 | 2231 | SH |  | SOLE |  | 2231 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 | BBG00FQH6CJ7 | 2506158 | 90182 | SH |  | SOLE |  | 90182 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 | BBG00333FZ54 | 3332461 | 14784 | SH |  | SOLE |  | 14784 | 0 | 0 |
| ITT INC | COM | 45073V108 | BBG00CVQZQB3 | 12373866 | 71315 | SH |  | SOLE |  | 71315 | 0 | 0 |
| JABIL INC | COM | 466313103 | BBG001S7RB70 | 9962194 | 43690 | SH |  | SOLE |  | 43690 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 | BBG001S5WZ84 | 5847033 | 48827 | SH |  | SOLE |  | 48827 | 0 | 0 |
| KBR INC | COM | 48242W106 | BBG001SP11V3 | 749087 | 18634 | SH |  | SOLE |  | 18634 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 | BBG001ST5W34 | 2417375 | 86304 | SH |  | SOLE |  | 86304 | 0 | 0 |
| KILROY RLTY CORP | COM | 49427F108 | BBG001S9BHB5 | 5130453 | 137288 | SH |  | SOLE |  | 137288 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 | BBG001S5S0N9 | 2541435 | 8657 | SH |  | SOLE |  | 8657 | 0 | 0 |
| LENNOX INTL INC | COM | 526107107 | BBG001S5SST2 | 5361774 | 11042 | SH |  | SOLE |  | 11042 | 0 | 0 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 2985561 | 12380 | SH |  | SOLE |  | 12380 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 | BBG001STBM75 | 4499502 | 21652 | SH |  | SOLE |  | 21652 | 0 | 0 |
| MADISON SQUARE GRDN SPRT COR | CL A | 55825T103 | BBG007FG0C32 | 2735224 | 10575 | SH |  | SOLE |  | 10575 | 0 | 0 |
| MANPOWERGROUP INC WIS | COM | 56418H100 | BBG001S5SYW5 | 2690565 | 90500 | SH |  | SOLE |  | 90500 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 | BBG00ZXBJ162 | 1924542 | 22647 | SH |  | SOLE |  | 22647 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 | BBG001S79S19 | 5449004 | 80003 | SH |  | SOLE |  | 80003 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 10169968 | 105871 | SH |  | SOLE |  | 105871 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 | BBG001SB87G1 | 11011313 | 7898 | SH |  | SOLE |  | 7898 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 | BBG001S787B5 | 5184833 | 81369 | SH |  | SOLE |  | 81369 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 | BBG008NVB1F7 | 2810876 | 36662 | SH |  | SOLE |  | 36662 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 | BBG001S5T9L1 | 5198203 | 13561 | SH |  | SOLE |  | 13561 | 0 | 0 |
| NATIONAL STORAGE AFFILIATES | COM SHS BEN IN | 637870106 | BBG008417VP2 | 3197293 | 113339 | SH |  | SOLE |  | 113339 | 0 | 0 |
| NEWELL BRANDS INC | COM | 651229106 | BBG001S5TSW7 | 489675 | 131633 | SH |  | SOLE |  | 131633 | 0 | 0 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 2484945 | 39004 | SH |  | SOLE |  | 39004 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 | BBG001S5TP26 | 7832975 | 13737 | SH |  | SOLE |  | 13737 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 3020181 | 16194 | SH |  | SOLE |  | 16194 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 | BBG001SF62F6 | 2854990 | 13153 | SH |  | SOLE |  | 13153 | 0 | 0 |
| OLLIES BARGAIN OUTLET HLDGS | COM | 681116109 | BBG0098VVDS0 | 1895815 | 17296 | SH |  | SOLE |  | 17296 | 0 | 0 |
| ON HLDG AG | NAMEN AKT A | H5919C104 | BBG00LQK89G5 | 3490694 | 75101 | SH |  | SOLE |  | 75101 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 6513799 | 45386 | SH |  | SOLE |  | 45386 | 0 | 0 |
| PERFORMANCE FOOD GROUP CO | COM | 71377A103 | BBG009XW2WC7 | 12437285 | 138315 | SH |  | SOLE |  | 138315 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 | BBG001S9GX43 | 1664847 | 9594 | SH |  | SOLE |  | 9594 | 0 | 0 |
| QXO INC | COM NEW | 82846H405 | BBG001SCBW07 | 465275 | 24120 | SH |  | SOLE |  | 24120 | 0 | 0 |
| RADNET INC | COM | 750491102 | BBG001S75DK5 | 351042 | 4920 | SH |  | SOLE |  | 4920 | 0 | 0 |
| RED ROCK RESORTS INC | CL A | 75700L108 | BBG00B6G8068 | 1165527 | 18814 | SH |  | SOLE |  | 18814 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 | BBG001S6PX49 | 431475 | 559 | SH |  | SOLE |  | 559 | 0 | 0 |
| REPLIGEN CORP | COM | 759916109 | BBG001S5VNT9 | 5290712 | 32288 | SH |  | SOLE |  | 32288 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 | BBG001S5RMJ7 | 1888846 | 6772 | SH |  | SOLE |  | 6772 | 0 | 0 |
| ROYALTY PHARMA PLC | SHS CLASS A | G7709Q104 | BBG00V1L5ZR1 | 11000306 | 284687 | SH |  | SOLE |  | 284687 | 0 | 0 |
| SANOFI SA | SPONSORED ADR | 80105N105 | BBG001S5W768 | 10195354 | 210387 | SH |  | SOLE |  | 210387 | 0 | 0 |
| SHARKNINJA INC | COM SHS | G8068L108 | BBG01HN2K366 | 468749 | 4189 | SH |  | SOLE |  | 4189 | 0 | 0 |
| SIMPLY GOOD FOODS CO | COM | 82900L102 | BBG00GVP5JM3 | 903239 | 44982 | SH |  | SOLE |  | 44982 | 0 | 0 |
| SL GREEN RLTY CORP | COM | 78440X887 | BBG001S9Z1V2 | 3773358 | 82262 | SH |  | SOLE |  | 82262 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 | BBG001S5W3H5 | 6616260 | 67644 | SH |  | SOLE |  | 67644 | 0 | 0 |
| SPROUTS FMRS MKT INC | COM | 85208M102 | BBG001V0MZS0 | 6622170 | 83120 | SH |  | SOLE |  | 83120 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 844037 | 10023 | SH |  | SOLE |  | 10023 | 0 | 0 |
| STERIS PLC | SHS USD | G8473T100 | BBG00MRHG532 | 6289324 | 24808 | SH |  | SOLE |  | 24808 | 0 | 0 |
| SUN CMNTYS INC | COM | 866674104 | BBG001S7HRC0 | 9737343 | 78584 | SH |  | SOLE |  | 78584 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 | BBG001S70FY0 | 5972530 | 30055 | SH |  | SOLE |  | 30055 | 0 | 0 |
| TERADYNE INC | COM | 880770102 | BBG001S5WMZ3 | 1166780 | 6028 | SH |  | SOLE |  | 6028 | 0 | 0 |
| TETRA TECH INC NEW | COM | 88162G103 | BBG001S5YYH5 | 1034608 | 30847 | SH |  | SOLE |  | 30847 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 | BBG001S5WYZ7 | 2451414 | 14130 | SH |  | SOLE |  | 14130 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 11414006 | 19698 | SH |  | SOLE |  | 19698 | 0 | 0 |
| THOR INDS INC | COM | 885160101 | BBG001S5WPH6 | 983271 | 9577 | SH |  | SOLE |  | 9577 | 0 | 0 |
| TIMKEN CO | COM | 887389104 | BBG001S5WQK0 | 341820 | 4063 | SH |  | SOLE |  | 4063 | 0 | 0 |
| TRANSUNION | COM | 89400J107 | BBG002Q7J607 | 9459940 | 110320 | SH |  | SOLE |  | 110320 | 0 | 0 |
| TUTOR PERINI CORP | COM | 901109108 | BBG001S5V297 | 869719 | 12977 | SH |  | SOLE |  | 12977 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 6362210 | 19273 | SH |  | SOLE |  | 19273 | 0 | 0 |
| VENTAS INC | COM | 92276F100 | BBG001S9T7M6 | 1896584 | 24510 | SH |  | SOLE |  | 24510 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 | BBG001SBRX64 | 593673 | 2654 | SH |  | SOLE |  | 2654 | 0 | 0 |
| VITAL FARMS INC | COM | 92847W103 | BBG006XWWBM5 | 2804013 | 87790 | SH |  | SOLE |  | 87790 | 0 | 0 |
| VORNADO RLTY TR | SH BEN INT | 929042109 | BBG001S5X909 | 4676938 | 140533 | SH |  | SOLE |  | 140533 | 0 | 0 |
| WABTEC | COM | 929740108 | BBG001S5XBT3 | 11839645 | 55468 | SH |  | SOLE |  | 55468 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 7682388 | 68956 | SH |  | SOLE |  | 68956 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 | BBG001S5RTQ4 | 2243097 | 12085 | SH |  | SOLE |  | 12085 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 | BBG001S5XK22 | 12314716 | 44758 | SH |  | SOLE |  | 44758 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 | BBG001S5XD28 | 1086335 | 6306 | SH |  | SOLE |  | 6306 | 0 | 0 |
| WINGSTOP INC | COM | 974155103 | BBG008N298X9 | 2004031 | 8403 | SH |  | SOLE |  | 8403 | 0 | 0 |
| WINNEBAGO INDS INC | COM | 974637100 | BBG001S5XFG8 | 2526989 | 62364 | SH |  | SOLE |  | 62364 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 | BBG001SJZ2V8 | 2148131 | 17852 | SH |  | SOLE |  | 17852 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 | BBG001S7JQ30 | 1263339 | 8351 | SH |  | SOLE |  | 8351 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 | BBG001S7DQJ9 | 1952433 | 21713 | SH |  | SOLE |  | 21713 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 | BBG0039320P7 | 2319240 | 18433 | SH |  | SOLE |  | 18433 | 0 | 0 |

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