# EDGAR Filing Document

**Accession Number:** 0001364725
**File Stem:** 0001364725-26-000002
**Filing Date:** 2026-5
**Character Count:** 20181
**Document Hash:** 74de11a439195052d1bbd5c34ddeeebe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001364725-26-000002.hdr.sgml**: 20260518

**ACCESSION NUMBER**: 0001364725-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260518

**DATE AS OF CHANGE**: 20260518

**EFFECTIVENESS DATE**: 20260518

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CIM, LLC
- **CENTRAL INDEX KEY:** 0001364725

**ORGANIZATION NAME:**
- **EIN:** 810637750
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11985
- **FILM NUMBER:** 26991708

**BUSINESS ADDRESS:**
- **STREET 1:** 30 S. PEARL STREET, 9TH FLOOR
- **CITY:** ALBANY
- **STATE:** NY
- **ZIP:** 12207
- **BUSINESS PHONE:** 518-391-4200

**MAIL ADDRESS:**
- **STREET 1:** 30 S. PEARL STREET, 9TH FLOOR
- **CITY:** ALBANY
- **STATE:** NY
- **ZIP:** 12207

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** CIM LLC<br>**Address:** 30 S. PEARL STREET 9TH FLOOR<br>ALBANY, NY 12207

**Form 13F File Number:** 028-11985

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:** Joseph Alteri<br>**Title:** Compliance  Communications Manager<br>**Phone:** (518) 391-4265

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

Joseph Alteri  Albany, NY  05-18-2026<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:** 168

**Form 13F Information Table Value Total:** $691762986

      (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 |
| AAON INC | COM PAR $0.004 | 000360206 |  | 449290 | 5429 | SH |  | SOLE | 0 | 0 | 0 | 5429 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 1754006 | 17084 | SH |  | SOLE | 0 | 0 | 0 | 17084 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1386840 | 6994 | SH |  | SOLE | 0 | 0 | 0 | 6994 |
| ACM RESH INC | COM CL A | 00108J109 |  | 580373 | 14749 | SH |  | SOLE | 0 | 0 | 0 | 14749 |
| AEHR TEST SYS | COM | 00760J108 |  | 506921 | 13671 | SH |  | SOLE | 0 | 0 | 0 | 13671 |
| AEROVIRONMENT INC | COM | 008073108 |  | 242175 | 1323 | SH |  | SOLE | 0 | 0 | 0 | 1323 |
| AGILYSYS INC | COM | 00847J105 |  | 307183 | 4318 | SH |  | SOLE | 0 | 0 | 0 | 4318 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 28198115 | 98060 | SH |  | SOLE | 0 | 1700 | 0 | 96360 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1645429 | 5736 | SH |  | SOLE | 0 | 1700 | 0 | 4036 |
| AMAZON COM INC | COM | 023135106 |  | 18697843 | 89777 | SH |  | SOLE | 0 | 0 | 0 | 89777 |
| AMER STATES WTR CO | COM | 029899101 |  | 396806 | 5247 | SH |  | SOLE | 0 | 0 | 0 | 5247 |
| AMETEK INC | COM | 031100100 |  | 1657860 | 7734 | SH |  | SOLE | 0 | 0 | 0 | 7734 |
| AMPHENOL CORP | CL A | 032095101 |  | 2887350 | 22852 | SH |  | SOLE | 0 | 0 | 0 | 22852 |
| APPLE INC | COM | 037833100 |  | 17554307 | 69169 | SH |  | SOLE | 0 | 2140 | 0 | 67029 |
| APPLIED MATLS INC | COM | 038222105 |  | 205758 | 602 | SH |  | SOLE | 0 | 0 | 0 | 602 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 1959966 | 20418 | SH |  | SOLE | 0 | 0 | 0 | 20418 |
| ARGAN INC | COM | 04010E109 |  | 1259321 | 2312 | SH |  | SOLE | 0 | 0 | 0 | 2312 |
| ARGENX SE | SPONSORED ADR | 04016X101 |  | 2022062 | 2769 | SH |  | SOLE | 0 | 0 | 0 | 2769 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 21150448 | 172263 | SH |  | SOLE | 0 | 308 | 0 | 171955 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 20385250 | 15434 | SH |  | SOLE | 0 | 47 | 0 | 15387 |
| AT INC | COM | 00206R102 |  | 220498 | 7606 | SH |  | SOLE | 0 | 5795 | 0 | 1811 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 1182276 | 2784 | SH |  | SOLE | 0 | 0 | 0 | 2784 |
| BADGER METER INC | COM | 056525108 |  | 1445548 | 9488 | SH |  | SOLE | 0 | 0 | 0 | 9488 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 21456821 | 44776 | SH |  | SOLE | 0 | 42 | 0 | 44734 |
| BROWN  BROWN INC | COM | 115236101 |  | 988779 | 15163 | SH |  | SOLE | 0 | 0 | 0 | 15163 |
| CACTUS INC | CL A | 127203107 |  | 463864 | 9792 | SH |  | SOLE | 0 | 0 | 0 | 9792 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 611087 | 8828 | SH |  | SOLE | 0 | 0 | 0 | 8828 |
| CAMTEK LTD | ORD | M20791105 |  | 2355413 | 15536 | SH |  | SOLE | 0 | 0 | 0 | 15536 |
| CAPITAL GROUP CORE EQUITY ET | SHS CREATION UNI | 14020V108 |  | 543963 | 14158 | SH |  | SOLE | 0 | 0 | 0 | 14158 |
| CAPITAL GROUP DIVIDEND VALUE | SHS CREATION UNI | 14020W106 |  | 561886 | 13208 | SH |  | SOLE | 0 | 0 | 0 | 13208 |
| CAPITAL GROUP GROWTH ETF | SHS CREATION UNI | 14020G101 |  | 838972 | 20875 | SH |  | SOLE | 0 | 0 | 0 | 20875 |
| CAPITAL GROUP INTL FOCUS EQT | SHS CREATION UNI | 14019W109 |  | 221112 | 7498 | SH |  | SOLE | 0 | 0 | 0 | 7498 |
| CAPITAL GRP FIXED INCM ETF T | CORE PLUS INCM | 14020Y102 |  | 232626 | 10413 | SH |  | SOLE | 0 | 0 | 0 | 10413 |
| CATALYST PHARMACEUTICALS INC | COM | 14888U101 |  | 558487 | 22556 | SH |  | SOLE | 0 | 0 | 0 | 22556 |
| CATERPILLAR INC | COM | 149123101 |  | 246113 | 347 | SH |  | SOLE | 0 | 0 | 0 | 347 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 2017802 | 7179 | SH |  | SOLE | 0 | 0 | 0 | 7179 |
| CBRE GROUP INC | CL A | 12504L109 |  | 1391852 | 10275 | SH |  | SOLE | 0 | 0 | 0 | 10275 |
| CELESTICA INC | COM | 15101Q207 |  | 5605714 | 19901 | SH |  | SOLE | 0 | 0 | 0 | 19901 |
| CHEMED CORP NEW | COM | 16359R103 |  | 878246 | 2325 | SH |  | SOLE | 0 | 0 | 0 | 2325 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 8536208 | 266691 | SH |  | SOLE | 0 | 2750 | 0 | 263941 |
| CINTAS CORP | COM | 172908105 |  | 17445712 | 103144 | SH |  | SOLE | 0 | 0 | 0 | 103144 |
| CLEAR SECURE INC | COM CL A | 18467V109 |  | 2876224 | 59414 | SH |  | SOLE | 0 | 0 | 0 | 59414 |
| CLEARWATER ANALYTICS HLDGS I | CL A | 185123106 |  | 1622201 | 68592 | SH |  | SOLE | 0 | 0 | 0 | 68592 |
| CMS ENERGY CORP | COM | 125896100 |  | 1507302 | 19429 | SH |  | SOLE | 0 | 0 | 0 | 19429 |
| COMFORT SYS USA INC | COM | 199908104 |  | 7055207 | 5116 | SH |  | SOLE | 0 | 0 | 0 | 5116 |
| CORCEPT THERAPEUTICS INC | COM | 218352102 |  | 266046 | 6600 | SH |  | SOLE | 0 | 0 | 0 | 6600 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 20290531 | 20363 | SH |  | SOLE | 0 | 34 | 0 | 20329 |
| CSW INDUSTRIALS INC | COM | 126402106 |  | 414613 | 1591 | SH |  | SOLE | 0 | 0 | 0 | 1591 |
| CUMMINS INC | COM | 231021106 |  | 10930952 | 20317 | SH |  | SOLE | 0 | 115 | 0 | 20202 |
| DAVE INC | CLASS A COM NEW | 23834J201 |  | 392225 | 2253 | SH |  | SOLE | 0 | 0 | 0 | 2253 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 1221799 | 12207 | SH |  | SOLE | 0 | 0 | 0 | 12207 |
| DIREXION SHARES ETF TRUST | DAILY 20 YR TREA | 25460G849 |  | 5547194 | 148479 | SH |  | SOLE | 0 | 0 | 0 | 148479 |
| DRDGOLD LIMITED | SPON ADR REPSTG | 26152H301 |  | 522088 | 17776 | SH |  | SOLE | 0 | 0 | 0 | 17776 |
| DUOLINGO INC | CL A COM | 26603R106 |  | 476882 | 4838 | SH |  | SOLE | 0 | 0 | 0 | 4838 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 22164457 | 30021 | SH |  | SOLE | 0 | 0 | 0 | 30021 |
| EXELIXIS INC | COM | 30161Q104 |  | 1542710 | 35969 | SH |  | SOLE | 0 | 0 | 0 | 35969 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 4734448 | 27906 | SH |  | SOLE | 0 | 7475 | 0 | 20431 |
| FABRINET | SHS | G3323L100 |  | 2226369 | 4269 | SH |  | SOLE | 0 | 0 | 0 | 4269 |
| FASTENAL CO | COM | 311900104 |  | 2440686 | 52601 | SH |  | SOLE | 0 | 0 | 0 | 52601 |
| FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 |  | 893832 | 15142 | SH |  | SOLE | 0 | 0 | 0 | 15142 |
| FIVE BELOW INC | COM | 33829M101 |  | 2807334 | 12287 | SH |  | SOLE | 0 | 0 | 0 | 12287 |
| FLEXSHARES TR | FLEXSHARES ULTRA | 33939L886 |  | 5943468 | 78818 | SH |  | SOLE | 0 | 0 | 0 | 78818 |
| GE AEROSPACE | COM NEW | 369604301 |  | 459991 | 1621 | SH |  | SOLE | 0 | 0 | 0 | 1621 |
| GE VERNOVA INC | COM | 36828A101 |  | 352652 | 404 | SH |  | SOLE | 0 | 0 | 0 | 404 |
| GENEDX HOLDINGS CORP | COM CL A | 81663L200 |  | 292651 | 4557 | SH |  | SOLE | 0 | 0 | 0 | 4557 |
| GENERAC HLDGS INC | COM | 368736104 |  | 1939236 | 9928 | SH |  | SOLE | 0 | 0 | 0 | 9928 |
| GOLD FIELDS LTD | SPONSORED ADR | 38059T106 |  | 2738717 | 60324 | SH |  | SOLE | 0 | 0 | 0 | 60324 |
| HAMILTON INSURANCE GROUP LTD | CL B | G42706104 |  | 634245 | 21262 | SH |  | SOLE | 0 | 0 | 0 | 21262 |
| HARMONY BIOSCIENCES HLDGS IN | COM | 413197104 |  | 366371 | 13080 | SH |  | SOLE | 0 | 0 | 0 | 13080 |
| HARMONY GOLD MNG LTD | SPONSORED ADR | 413216300 |  | 1361290 | 88568 | SH |  | SOLE | 0 | 0 | 0 | 88568 |
| HERSHEY CO | COM | 427866108 |  | 4010614 | 19292 | SH |  | SOLE | 0 | 0 | 0 | 19292 |
| HOME DEPOT INC | COM | 437076102 |  | 1480889 | 4503 | SH |  | SOLE | 0 | 0 | 0 | 4503 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 1170790 | 8152 | SH |  | SOLE | 0 | 0 | 0 | 8152 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 2781799 | 41476 | SH |  | SOLE | 0 | 0 | 0 | 41476 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 245400 | 1012 | SH |  | SOLE | 0 | 257 | 0 | 755 |
| INTERNATIONAL SEAWAYS INC | COM | Y41053102 |  | 541257 | 7427 | SH |  | SOLE | 0 | 0 | 0 | 7427 |
| INTUIT | COM | 461202103 |  | 12628564 | 29207 | SH |  | SOLE | 0 | 0 | 0 | 29207 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 17531469 | 38030 | SH |  | SOLE | 0 | 1710 | 0 | 36320 |
| INVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 46090F100 |  | 7205669 | 416032 | SH |  | SOLE | 0 | 0 | 0 | 416032 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 11281664 | 552752 | SH |  | SOLE | 0 | 0 | 0 | 552752 |
| INVESCO EXCHANGE TRADED FD T | FINL PFD ETF | 46137V621 |  | 392036 | 28491 | SH |  | SOLE | 0 | 0 | 0 | 28491 |
| IRADIMED CORP | COM | 46266A109 |  | 743463 | 7723 | SH |  | SOLE | 0 | 0 | 0 | 7723 |
| ISHARES TR | CORE S ETF | 464287200 |  | 3789872 | 5802 | SH |  | SOLE | 0 | 0 | 0 | 5802 |
| ISHARES TR | MBS ETF | 464288588 |  | 9560230 | 100687 | SH |  | SOLE | 0 | 0 | 0 | 100687 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 260137 | 1232 | SH |  | SOLE | 0 | 0 | 0 | 1232 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 359254 | 6326 | SH |  | SOLE | 0 | 0 | 0 | 6326 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 |  | 26738760 | 551770 | SH |  | SOLE | 0 | 0 | 0 | 551770 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 3423601 | 43032 | SH |  | SOLE | 0 | 0 | 0 | 43032 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 301212 | 2663 | SH |  | SOLE | 0 | 0 | 0 | 2663 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 6366871 | 209989 | SH |  | SOLE | 0 | 0 | 0 | 209989 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 330913 | 2662 | SH |  | SOLE | 0 | 0 | 0 | 2662 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 1575883 | 10160 | SH |  | SOLE | 0 | 0 | 0 | 10160 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 469111 | 4588 | SH |  | SOLE | 0 | 0 | 0 | 4588 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 395734 | 3341 | SH |  | SOLE | 0 | 0 | 0 | 3341 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 18810922 | 170451 | SH |  | SOLE | 0 | 0 | 0 | 170451 |
| ISHARES TR | MSCI ACWI EX US | 464288240 |  | 1821097 | 26597 | SH |  | SOLE | 0 | 0 | 0 | 26597 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 2453914 | 8342 | SH |  | SOLE | 0 | 150 | 0 | 8192 |
| KRYSTAL BIOTECH INC | COM | 501147102 |  | 3872217 | 14990 | SH |  | SOLE | 0 | 0 | 0 | 14990 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 244213 | 1143 | SH |  | SOLE | 0 | 0 | 0 | 1143 |
| M/I HOMES INC | COM | 55305B101 |  | 457718 | 3738 | SH |  | SOLE | 0 | 0 | 0 | 3738 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 18179593 | 36384 | SH |  | SOLE | 0 | 160 | 0 | 36224 |
| MCGRATH RENTCORP | COM | 580589109 |  | 476421 | 4320 | SH |  | SOLE | 0 | 0 | 0 | 4320 |
| MEDPACE HLDGS INC | COM | 58506Q109 |  | 1931804 | 4023 | SH |  | SOLE | 0 | 0 | 0 | 4023 |
| META PLATFORMS INC | CL A | 30303M102 |  | 18084769 | 31610 | SH |  | SOLE | 0 | 720 | 0 | 30890 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 4874693 | 14429 | SH |  | SOLE | 0 | 630 | 0 | 13799 |
| MICROSOFT CORP | COM | 594918104 |  | 3573346 | 9653 | SH |  | SOLE | 0 | 1340 | 0 | 8313 |
| MODINE MFG CO | COM | 607828100 |  | 1452174 | 6701 | SH |  | SOLE | 0 | 0 | 0 | 6701 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 2045658 | 1871 | SH |  | SOLE | 0 | 0 | 0 | 1871 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 19280865 | 266090 | SH |  | SOLE | 0 | 5100 | 0 | 260990 |
| NAPCO SEC TECHNOLOGIES INC | COM | 630402105 |  | 493393 | 12526 | SH |  | SOLE | 0 | 0 | 0 | 12526 |
| NEW YORK TIMES CO MTN BE | CL A | 650111107 |  | 3914629 | 46753 | SH |  | SOLE | 0 | 0 | 0 | 46753 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 3016580 | 32478 | SH |  | SOLE | 0 | 0 | 0 | 32478 |
| NEXTPOWER INC | CLASS A COM | 65290E101 |  | 1966532 | 16313 | SH |  | SOLE | 0 | 0 | 0 | 16313 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 13774511 | 374817 | SH |  | SOLE | 0 | 2700 | 0 | 372117 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 3675 | 100 | SH | Call | SOLE | 0 | 0 | 0 | 100 |
| NUVEEN N Y MUN VALUE FD | COM | 67062M105 |  | 117309 | 14049 | SH |  | SOLE | 0 | 0 | 0 | 14049 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 40456867 | 231977 | SH |  | SOLE | 0 | 86955 | 0 | 145022 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 1574338 | 8057 | SH |  | SOLE | 0 | 0 | 0 | 8057 |
| ORACLE CORP | COM | 68389X105 |  | 391313 | 2660 | SH |  | SOLE | 0 | 1654 | 0 | 1006 |
| PACKAGING CORP AMER | COM | 695156109 |  | 2401747 | 11317 | SH |  | SOLE | 0 | 0 | 0 | 11317 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 2488515 | 17012 | SH |  | SOLE | 0 | 0 | 0 | 17012 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 104029 | 2300 | SH | Call | SOLE | 0 | 0 | 0 | 2300 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 209008 | 4621 | SH |  | SOLE | 0 | 0 | 0 | 4621 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 4668191 | 46417 | SH |  | SOLE | 0 | 0 | 0 | 46417 |
| POOL CORP | COM | 73278L105 |  | 731018 | 3613 | SH |  | SOLE | 0 | 0 | 0 | 3613 |
| POWELL INDS INC | COM | 739128106 |  | 472904 | 874 | SH |  | SOLE | 0 | 0 | 0 | 874 |
| PROGRESSIVE CORP | COM | 743315103 |  | 17114777 | 86334 | SH |  | SOLE | 0 | 0 | 0 | 86334 |
| PROSHARES TR | ULSH 20YRTRE NEW | 74347G887 |  | 2659477 | 39505 | SH |  | SOLE | 0 | 0 | 0 | 39505 |
| REDDIT INC | CL A | 75734B100 |  | 1137254 | 8446 | SH |  | SOLE | 0 | 0 | 0 | 8446 |
| ROLLINS INC | COM | 775711104 |  | 1459856 | 27333 | SH |  | SOLE | 0 | 0 | 0 | 27333 |
| RUSH STREET INTERACTIVE INC | COM | 782011100 |  | 495639 | 22788 | SH |  | SOLE | 0 | 0 | 0 | 22788 |
| SAIA INC | COM | 78709Y105 |  | 259947 | 740 | SH |  | SOLE | 0 | 0 | 0 | 740 |
| SAMSARA INC | COM CL A | 79589L106 |  | 1093463 | 34505 | SH |  | SOLE | 0 | 0 | 0 | 34505 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 227546 | 4609 | SH |  | SOLE | 0 | 0 | 0 | 4609 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 2267918 | 7075 | SH |  | SOLE | 0 | 0 | 0 | 7075 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 2349159 | 12594 | SH |  | SOLE | 0 | 0 | 0 | 12594 |
| SKYWARD SPECIALTY INS GROUP | COM | 830940102 |  | 402249 | 9209 | SH |  | SOLE | 0 | 0 | 0 | 9209 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 2881222 | 6696 | SH |  | SOLE | 0 | 0 | 0 | 6696 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 4541397 | 49557 | SH |  | SOLE | 0 | 0 | 0 | 49557 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A359 |  | 3978588 | 43472 | SH |  | SOLE | 0 | 0 | 0 | 43472 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 18632877 | 38425 | SH |  | SOLE | 0 | 11 | 0 | 38414 |
| SPX TECHNOLOGIES INC | COM | 78473E103 |  | 2382685 | 11917 | SH |  | SOLE | 0 | 0 | 0 | 11917 |
| STARBUCKS CORP | COM | 855244109 |  | 327959 | 3661 | SH |  | SOLE | 0 | 0 | 0 | 3661 |
| STATE STR SPDR DOW JONES IND | UT SER 1 | 78467X109 |  | 691079 | 1492 | SH |  | SOLE | 0 | 0 | 0 | 1492 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 987338 | 1518 | SH |  | SOLE | 0 | 0 | 0 | 1518 |
| STERLING INFRASTRUCTURE INC | COM | 859241101 |  | 4949145 | 12152 | SH |  | SOLE | 0 | 0 | 0 | 12152 |
| STOKE THERAPEUTICS INC | COM | 86150R107 |  | 463264 | 14228 | SH |  | SOLE | 0 | 0 | 0 | 14228 |
| STRIDE INC | COM | 86333M108 |  | 414928 | 4706 | SH |  | SOLE | 0 | 0 | 0 | 4706 |
| SYNOPSYS INC | COM | 871607107 |  | 14782641 | 37285 | SH |  | SOLE | 0 | 0 | 0 | 37285 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 2877492 | 8515 | SH |  | SOLE | 0 | 0 | 0 | 8515 |
| TECNOGLASS INC | ORD SHS | G87264100 |  | 238535 | 5354 | SH |  | SOLE | 0 | 0 | 0 | 5354 |
| TESLA INC | COM | 88160R101 |  | 261712 | 704 | SH |  | SOLE | 0 | 0 | 0 | 704 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 3959728 | 8344 | SH |  | SOLE | 0 | 0 | 0 | 8344 |
| TOAST INC | CL A | 888787108 |  | 1090833 | 41148 | SH |  | SOLE | 0 | 0 | 0 | 41148 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 386907 | 8541 | SH |  | SOLE | 0 | 3000 | 0 | 5541 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 327141 | 785 | SH |  | SOLE | 0 | 0 | 0 | 785 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 2376317 | 8147 | SH |  | SOLE | 0 | 0 | 0 | 8147 |
| UBIQUITI INC | COM | 90353W103 |  | 2593732 | 3282 | SH |  | SOLE | 0 | 0 | 0 | 3282 |
| UBS GROUP AG | SHS | H42097107 |  | 1957212 | 50095 | SH |  | SOLE | 0 | 0 | 0 | 50095 |
| UFP TECHNOLOGIES INC | COM | 902673102 |  | 384296 | 1985 | SH |  | SOLE | 0 | 0 | 0 | 1985 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 385420 | 645 | SH |  | SOLE | 0 | 145 | 0 | 500 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 |  | 370598 | 2542 | SH |  | SOLE | 0 | 0 | 0 | 2542 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 1014963 | 5778 | SH |  | SOLE | 0 | 0 | 0 | 5778 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 280874 | 629 | SH |  | SOLE | 0 | 0 | 0 | 629 |
| VISA INC | COM CL A | 92826C839 |  | 200128 | 662 | SH |  | SOLE | 0 | 0 | 0 | 662 |
| VITA COCO CO INC | COM | 92846Q107 |  | 623022 | 13004 | SH |  | SOLE | 0 | 0 | 0 | 13004 |
| WISDOMTREE TR | FLOATNG RAT TREA | 97717Y527 |  | 4637991 | 92133 | SH |  | SOLE | 0 | 0 | 0 | 92133 |
| WW GRAINGER INC | COM | 384802104 |  | 294519 | 270 | SH |  | SOLE | 0 | 270 | 0 | 0 |

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