# EDGAR Filing Document

**Accession Number:** 0001607978
**File Stem:** 0001104659-25-073087
**Filing Date:** 2025-8
**Character Count:** 17787
**Document Hash:** 72357e43afba8b396c657e3c44bef084
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-073087.hdr.sgml**: 20250801

**ACCESSION NUMBER**: 0001104659-25-073087

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250801

**DATE AS OF CHANGE**: 20250801

**EFFECTIVENESS DATE**: 20250801

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Motley Fool Wealth Management, LLC
- **CENTRAL INDEX KEY:** 0001607978

**ORGANIZATION NAME:**
- **EIN:** 611701518
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16557
- **FILM NUMBER:** 251175877

**BUSINESS ADDRESS:**
- **STREET 1:** 2000 DUKE STREET
- **STREET 2:** SUITE 275
- **CITY:** ALEXANDRIA
- **STATE:** VA
- **ZIP:** 22314
- **BUSINESS PHONE:** 7038383665

**MAIL ADDRESS:**
- **STREET 1:** 2000 DUKE STREET
- **STREET 2:** SUITE 275
- **CITY:** ALEXANDRIA
- **STATE:** VA
- **ZIP:** 22314

### 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:** Motley Fool Wealth Management LLC<br>**Address:** 2000 Duke Street<br>Suite 275<br>Alexandria, VA 22314

**Form 13F File Number:** 028-16557

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:** Kyle Wirth<br>**Title:** General Counsel and Chief Compliance Officer<br>**Phone:** 703-254-1834

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

/s/ Kyle Wirth  Alexandria, VA  07-18-2025<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:** 127

**Form 13F Information Table Value Total:** $1657414344

      (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 |
| APPLE INC | Ordinary Shares | 037833100 |  | 2122683 | 10346 | SH |  | SOLE |  | 0 | 0 | 10346 |
| AGREE REALTY CORP | Ordinary Shares | 008492100 |  | 1485049 | 20326 | SH |  | SOLE |  | 0 | 0 | 20326 |
| AUTODESK INC | Ordinary Shares | 052769106 |  | 15738767 | 50840 | SH |  | SOLE |  | 0 | 0 | 50840 |
| ALARM COM HLDGS INC | Ordinary Shares | 011642105 |  | 8727523 | 154278 | SH |  | SOLE |  | 0 | 0 | 154278 |
| AMERICAN TOWER CORP NEW | Ordinary Shares | 03027X100 |  | 12502415 | 56566 | SH |  | SOLE |  | 0 | 0 | 56566 |
| AMAZON COM INC | Ordinary Shares | 023135106 |  | 79198681 | 360994 | SH |  | SOLE |  | 0 | 0 | 360994 |
| AON PLC SHS | Ordinary Shares | G0403H108 |  | 9450877 | 26490 | SH |  | SOLE |  | 0 | 0 | 26490 |
| ALEXANDRIA REAL ESTATE EQ IN | Ordinary Shares | 015271109 |  | 3866941 | 53241 | SH |  | SOLE |  | 0 | 0 | 53241 |
| ALPHATEC HLDGS INC | Ordinary Shares | 02081G201 |  | 12017644 | 1082670 | SH |  | SOLE |  | 0 | 0 | 1082670 |
| AXON ENTERPRISE INC | Ordinary Shares | 05464C101 |  | 28110580 | 33952 | SH |  | SOLE |  | 0 | 0 | 33952 |
| BALL CORP | Ordinary Shares | 058498106 |  | 6071541 | 108246 | SH |  | SOLE |  | 0 | 0 | 108246 |
| BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG | Ordinary Shares | 113004105 |  | 11596702 | 209780 | SH |  | SOLE |  | 0 | 0 | 209780 |
| BOOKING HOLDINGS INC | Ordinary Shares | 09857L108 |  | 64073816 | 11067 | SH |  | SOLE |  | 0 | 0 | 11067 |
| BANCO LATINOAMERICANO F | Ordinary Shares | P16994132 |  | 1546254 | 38369 | SH |  | SOLE |  | 0 | 0 | 38369 |
| BIOMARIN PHARMACEUTICAL INC | Ordinary Shares | 09061G101 |  | 26162940 | 475949 | SH |  | SOLE |  | 0 | 0 | 475949 |
| VANGUARD BD INDEX FD INC TOTAL BND | Bond ETFs | 921937835 |  | 4950823 | 67239 | SH |  | SOLE |  | 0 | 0 | 67239 |
| BROADRIDGE FINL SOLUTIONS IN | Ordinary Shares | 11133T103 |  | 21412956 | 88108 | SH |  | SOLE |  | 0 | 0 | 88108 |
| BELLRING BRANDS INC COMMON | Ordinary Shares | 07831C103 |  | 10295467 | 177722 | SH |  | SOLE |  | 0 | 0 | 177722 |
| BERKSHIRE HATHAWAY INC DEL | Ordinary Shares | 084670702 |  | 17836549 | 36718 | SH |  | SOLE |  | 0 | 0 | 36718 |
| BROWN  BROWN INC | Ordinary Shares | 115236101 |  | 25157964 | 226913 | SH |  | SOLE |  | 0 | 0 | 226913 |
| INVESCO EXCH TRD SLF IDX FD BULSHS 2025 | Bond ETFs | 46138J825 |  | 25483463 | 1232275 | SH |  | SOLE |  | 0 | 0 | 1232275 |
| INVESCO EXCH TRD SLF IDX FD INVSCO BLSH | Bond ETFs | 46138J643 |  | 25022261 | 1221193 | SH |  | SOLE |  | 0 | 0 | 1221193 |
| INVESCO EXCH TRD SLF IDX FD BULETSHS | Bond ETFs | 46138J577 |  | 11965375 | 639859 | SH |  | SOLE |  | 0 | 0 | 639859 |
| INVESCO EXCH TRD SLF IDX FD INVSCO 30 | Bond ETFs | 46138J460 |  | 29406735 | 1752487 | SH |  | SOLE |  | 0 | 0 | 1752487 |
| INVESCO EXCH TRD SLF IDX FD BULETSHS 2031 | Bond ETFs | 46138J429 |  | 18062283 | 1092697 | SH |  | SOLE |  | 0 | 0 | 1092697 |
| INVESCO EXCHNG TRAD SLF INDE BULLETSHS | Bond ETFs | 46139W858 |  | 29175348 | 1416279 | SH |  | SOLE |  | 0 | 0 | 1416279 |
| INVESCO EXCHNG TRAD SLF INDE INVESCO | Bond ETFs | 46139W825 |  | 12655318 | 596948 | SH |  | SOLE |  | 0 | 0 | 596948 |
| ANHEUSER BUSCH INBEV SA/NV | American Depository Receipts | 03524A108 |  | 2890060 | 42055 | SH |  | SOLE |  | 0 | 0 | 42055 |
| CELLEBRITE DI LTD ORDINARY | Ordinary Shares | M2197Q107 |  | 6116788 | 382299 | SH |  | SOLE |  | 0 | 0 | 382299 |
| COMCAST CORP NEW | Ordinary Shares | 20030N101 |  | 7224086 | 202412 | SH |  | SOLE |  | 0 | 0 | 202412 |
| CME GROUP INC | Ordinary Shares | 12572Q105 |  | 4459282 | 16179 | SH |  | SOLE |  | 0 | 0 | 16179 |
| CANADIAN NATL RY CO | Ordinary Shares | 136375102 |  | 7753846 | 74527 | SH |  | SOLE |  | 0 | 0 | 74527 |
| COSTCO WHSL CORP NEW | Ordinary Shares | 22160K105 |  | 6333228 | 6397 | SH |  | SOLE |  | 0 | 0 | 6397 |
| CRH PLC | American Depository Receipts | G25508105 |  | 1218030 | 13268 | SH |  | SOLE |  | 0 | 0 | 13268 |
| SALESFORCE COM INC | Ordinary Shares | 79466L302 |  | 37885087 | 138930 | SH |  | SOLE |  | 0 | 0 | 138930 |
| CROCS INC | Ordinary Shares | 227046109 |  | 9369319 | 92509 | SH |  | SOLE |  | 0 | 0 | 92509 |
| COSTAR GROUP INC | Ordinary Shares | 22160N109 |  | 23412122 | 291195 | SH |  | SOLE |  | 0 | 0 | 291195 |
| CARLISLE COS INC | Ordinary Shares | 142339100 |  | 5604361 | 15009 | SH |  | SOLE |  | 0 | 0 | 15009 |
| DOUBLELINE TRUST COMMERCIAL REAL | Equity ETFs | 25861R303 |  | 11790238 | 226595 | SH |  | SOLE |  | 0 | 0 | 226595 |
| DATADOG INC CL A | Ordinary Shares | 23804L103 |  | 18071674 | 134531 | SH |  | SOLE |  | 0 | 0 | 134531 |
| WISDOMTREE TR JP SMALLCP | Equity ETFs | 97717W836 |  | 14219255 | 165931 | SH |  | SOLE |  | 0 | 0 | 165931 |
| ISHARES TR CORE DIV | Equity ETFs | 46434V621 |  | 513438 | 8030 | SH |  | SOLE |  | 0 | 0 | 8030 |
| DANAHER CORP DEL | Ordinary Shares | 235851102 |  | 14000950 | 70876 | SH |  | SOLE |  | 0 | 0 | 70876 |
| DOUBLELINE ETF TRUST MORTGAGE | Equity ETFs | 25861R402 |  | 11805561 | 240586 | SH |  | SOLE |  | 0 | 0 | 240586 |
| DEXCOM INC | Ordinary Shares | 252131107 |  | 21670066 | 248253 | SH |  | SOLE |  | 0 | 0 | 248253 |
| EASTMAN CHEMICAL CO | Ordinary Shares | 277432100 |  | 8527731 | 114220 | SH |  | SOLE |  | 0 | 0 | 114220 |
| EQUINIX INC | Ordinary Shares | 29444U700 |  | 27517373 | 34592 | SH |  | SOLE |  | 0 | 0 | 34592 |
| FASTENAL CO | Ordinary Shares | 311900104 |  | 9309388 | 221652 | SH |  | SOLE |  | 0 | 0 | 221652 |
| FABRINET | Ordinary Shares | G3323L100 |  | 12831323 | 43543 | SH |  | SOLE |  | 0 | 0 | 43543 |
| FIRSTSERVICE CORP NEW | Ordinary Shares | 33767E202 |  | 5163656 | 29570 | SH |  | SOLE |  | 0 | 0 | 29570 |
| ALPHABET INC CAP STK | Ordinary Shares | 02079K107 |  | 54469813 | 307061 | SH |  | SOLE |  | 0 | 0 | 307061 |
| ALPHABET INC CAP STK | Ordinary Shares | 02079K305 |  | 669016 | 3796 | SH |  | SOLE |  | 0 | 0 | 3796 |
| GOOSEHEAD INS INC COM | Ordinary Shares | 38267D109 |  | 10021870 | 94985 | SH |  | SOLE |  | 0 | 0 | 94985 |
| GUIDEWIRE SOFTWARE INC | Ordinary Shares | 40171V100 |  | 11004141 | 46736 | SH |  | SOLE |  | 0 | 0 | 46736 |
| GXO LOGISTICS INCORPORATED COMMON | Ordinary Shares | 36262G101 |  | 7428202 | 152529 | SH |  | SOLE |  | 0 | 0 | 152529 |
| HDFC BANK LTD | American Depository Receipts | 40415F101 |  | 6640638 | 86613 | SH |  | SOLE |  | 0 | 0 | 86613 |
| HOWARD HUGHES HOLDINGS INC | Ordinary Shares | 44267T102 |  | 10434559 | 154586 | SH |  | SOLE |  | 0 | 0 | 154586 |
| HEALTHEQUITY INC | Ordinary Shares | 42226A107 |  | 11896053 | 113555 | SH |  | SOLE |  | 0 | 0 | 113555 |
| HERC HLDGS INC | Ordinary Shares | 42704L104 |  | 8866108 | 67325 | SH |  | SOLE |  | 0 | 0 | 67325 |
| HEXCEL CORP NEW | Ordinary Shares | 428291108 |  | 7256207 | 128451 | SH |  | SOLE |  | 0 | 0 | 128451 |
| ISHARES TR IBONDS DEC | Bond ETFs | 46436E205 |  | 17156007 | 735362 | SH |  | SOLE |  | 0 | 0 | 735362 |
| ISHARES TR IBONDS DEC | Bond ETFs | 46436E486 |  | 12301442 | 584669 | SH |  | SOLE |  | 0 | 0 | 584669 |
| ICON PLC | Ordinary Shares | G4705A100 |  | 9673544 | 66507 | SH |  | SOLE |  | 0 | 0 | 66507 |
| ISHARES TR CORE MSCI | Equity ETFs | 46434V738 |  | 10078578 | 152244 | SH |  | SOLE |  | 0 | 0 | 152244 |
| ISHARES 10plus YR CR BD | Bond ETFs | 464289511 |  | 12816685 | 255261 | SH |  | SOLE |  | 0 | 0 | 255261 |
| JOHNSON  JOHNSON | Ordinary Shares | 478160104 |  | 1021950 | 6690 | SH |  | SOLE |  | 0 | 0 | 6690 |
| COCA COLA CO | Ordinary Shares | 191216100 |  | 1107920 | 15660 | SH |  | SOLE |  | 0 | 0 | 15660 |
| KENVUE INC | Ordinary Shares | 49177J102 |  | 1054616 | 50387 | SH |  | SOLE |  | 0 | 0 | 50387 |
| LIVE OAK BANCSHARES INC | Ordinary Shares | 53803X105 |  | 10924917 | 366608 | SH |  | SOLE |  | 0 | 0 | 366608 |
| MASTERCARD INC | Ordinary Shares | 57636Q104 |  | 40160143 | 71466 | SH |  | SOLE |  | 0 | 0 | 71466 |
| MEDTRONIC PLC | Ordinary Shares | G5960L103 |  | 5145808 | 59031 | SH |  | SOLE |  | 0 | 0 | 59031 |
| MERCADOLIBRE INC | Ordinary Shares | 58733R102 |  | 57087061 | 21842 | SH |  | SOLE |  | 0 | 0 | 21842 |
| FACEBOOK INC | Ordinary Shares | 30303M102 |  | 85649245 | 116041 | SH |  | SOLE |  | 0 | 0 | 116041 |
| MARKEL CORP | Ordinary Shares | 570535104 |  | 13685786 | 6851 | SH |  | SOLE |  | 0 | 0 | 6851 |
| MORNINGSTAR INC | Ordinary Shares | 617700109 |  | 6184857 | 19701 | SH |  | SOLE |  | 0 | 0 | 19701 |
| MICROSOFT CORP | Ordinary Shares | 594918104 |  | 18205000 | 36599 | SH |  | SOLE |  | 0 | 0 | 36599 |
| ISHARES TR NATIONAL MUN | Bond ETFs | 464288414 |  | 1565131 | 14980 | SH |  | SOLE |  | 0 | 0 | 14980 |
| SSGA ACTIVE TR SPDR SSGA | Bond ETFs | 78470P820 |  | 7440780 | 296563 | SH |  | SOLE |  | 0 | 0 | 296563 |
| NEXTERA ENERGY INC | Ordinary Shares | 65339F101 |  | 20701009 | 298199 | SH |  | SOLE |  | 0 | 0 | 298199 |
| NETFLIX INC | Ordinary Shares | 64110L106 |  | 59688682 | 44572 | SH |  | SOLE |  | 0 | 0 | 44572 |
| NVIDIA CORP | Ordinary Shares | 67066G104 |  | 8063717 | 51039 | SH |  | SOLE |  | 0 | 0 | 51039 |
| NOVO-NORDISK A S | American Depository Receipts | 670100205 |  | 5288251 | 76618 | SH |  | SOLE |  | 0 | 0 | 76618 |
| OKTA INC | Ordinary Shares | 679295105 |  | 6642254 | 66442 | SH |  | SOLE |  | 0 | 0 | 66442 |
| PALO ALTO NETWORKS INC | Ordinary Shares | 697435105 |  | 33926052 | 165784 | SH |  | SOLE |  | 0 | 0 | 165784 |
| PAYCHEX INC | Ordinary Shares | 704326107 |  | 9520633 | 65451 | SH |  | SOLE |  | 0 | 0 | 65451 |
| PROCTER AND GAMBLE CO | Ordinary Shares | 742718109 |  | 1997587 | 12538 | SH |  | SOLE |  | 0 | 0 | 12538 |
| Q2 HLDGS INC | Ordinary Shares | 74736L109 |  | 10377725 | 110884 | SH |  | SOLE |  | 0 | 0 | 110884 |
| QXO INC | Ordinary Shares | 82846H405 |  | 9740240 | 452193 | SH |  | SOLE |  | 0 | 0 | 452193 |
| ULTRAGENYX PHARMACEUTICAL IN | Ordinary Shares | 90400D108 |  | 10002001 | 275082 | SH |  | SOLE |  | 0 | 0 | 275082 |
| RENTOKIL INITIAL PLC | American Depository Receipts | 760125104 |  | 7854659 | 327277 | SH |  | SOLE |  | 0 | 0 | 327277 |
| RXO INC COMMON | Ordinary Shares | 74982T103 |  | 7299547 | 464347 | SH |  | SOLE |  | 0 | 0 | 464347 |
| SBA COMMUNICATIONS CORP NEW | Ordinary Shares | 78410G104 |  | 9465218 | 40304 | SH |  | SOLE |  | 0 | 0 | 40304 |
| SHOPIFY INC | Ordinary Shares | 82509L107 |  | 696177 | 6035 | SH |  | SOLE |  | 0 | 0 | 6035 |
| ISHARES TR 0-5YR HI YL | Bond ETFs | 46434V407 |  | 24944972 | 578233 | SH |  | SOLE |  | 0 | 0 | 578233 |
| SITEONE LANDSCAPE SUPPLY INC | Ordinary Shares | 82982L103 |  | 6773127 | 56004 | SH |  | SOLE |  | 0 | 0 | 56004 |
| VANECK SEMICONDUCTOR ETF | Equity ETFs | 92189F676 |  | 251096 | 900 | SH |  | SOLE |  | 0 | 0 | 900 |
| STONEX GROUP INC | Ordinary Shares | 861896108 |  | 18748974 | 205716 | SH |  | SOLE |  | 0 | 0 | 205716 |
| STAG INDL INC | Ordinary Shares | 85254J102 |  | 8848913 | 243905 | SH |  | SOLE |  | 0 | 0 | 243905 |
| ATLASSIAN CORPORATION | Ordinary Shares | 049468101 |  | 5303015 | 26111 | SH |  | SOLE |  | 0 | 0 | 26111 |
| THERMO FISHER SCIENTIFIC INC | Ordinary Shares | 883556102 |  | 9696292 | 23914 | SH |  | SOLE |  | 0 | 0 | 23914 |
| TOAST INC | Ordinary Shares | 888787108 |  | 17287787 | 390331 | SH |  | SOLE |  | 0 | 0 | 390331 |
| TRACTOR SUPPLY CO | Ordinary Shares | 892356106 |  | 5297972 | 100396 | SH |  | SOLE |  | 0 | 0 | 100396 |
| TESLA MTRS INC | Ordinary Shares | 88160R101 |  | 5534590 | 17423 | SH |  | SOLE |  | 0 | 0 | 17423 |
| TAIWAN SEMICONDUCTOR MFG LTD | American Depository Receipts | 874039100 |  | 6958325 | 30722 | SH |  | SOLE |  | 0 | 0 | 30722 |
| THE TRADE DESK INC COM | Ordinary Shares | 88339J105 |  | 378204 | 5253 | SH |  | SOLE |  | 0 | 0 | 5253 |
| TEXAS INSTRS INC | Ordinary Shares | 882508104 |  | 1617425 | 7790 | SH |  | SOLE |  | 0 | 0 | 7790 |
| TYLER TECHNOLOGIES INC | Ordinary Shares | 902252105 |  | 11690876 | 19720 | SH |  | SOLE |  | 0 | 0 | 19720 |
| UFP TECHNOLOGIES INC | Ordinary Shares | 902673102 |  | 5194130 | 21273 | SH |  | SOLE |  | 0 | 0 | 21273 |
| UNITED PARCEL SERVICE INC | Ordinary Shares | 911312106 |  | 5444752 | 53940 | SH |  | SOLE |  | 0 | 0 | 53940 |
| US BANCORP DEL | Ordinary Shares | 902973304 |  | 1384143 | 30588 | SH |  | SOLE |  | 0 | 0 | 30588 |
| ENERGY FUELS INC F | Ordinary Shares | 292671708 |  | 57500 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| VANGUARD INDEX FDS SMALL CP | Equity ETFs | 922908751 |  | 1376797 | 5809 | SH |  | SOLE |  | 0 | 0 | 5809 |
| VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT | Equity ETFs | 921943858 |  | 3958191 | 69429 | SH |  | SOLE |  | 0 | 0 | 69429 |
| VANGUARD INDEX FDS REIT | Equity ETFs | 922908553 |  | 880175 | 9882 | SH |  | SOLE |  | 0 | 0 | 9882 |
| VANGUARD INDEX FDS MID CAP | Equity ETFs | 922908629 |  | 3601579 | 12870 | SH |  | SOLE |  | 0 | 0 | 12870 |
| VANGUARD INDEX FDS S 500 ETF | Equity ETFs | 922908363 |  | 14521071 | 25563 | SH |  | SOLE |  | 0 | 0 | 25563 |
| VOIP-PAL COM INC | Ordinary Shares | 92862Y109 |  | 1307 | 195000 | SH |  | SOLE |  | 0 | 0 | 195000 |
| VERTEX PHARMACEUTICALS INC | Ordinary Shares | 92532F100 |  | 24002176 | 53913 | SH |  | SOLE |  | 0 | 0 | 53913 |
| VANGUARD MALVERN FDS STRM | Equity ETFs | 922020805 |  | 2500016 | 49731 | SH |  | SOLE |  | 0 | 0 | 49731 |
| VANGUARD INTL EQUITY INDEX F FTSE EMR MKT | Equity ETFs | 922042858 |  | 2077179 | 41996 | SH |  | SOLE |  | 0 | 0 | 41996 |
| WATERS CORP | Ordinary Shares | 941848103 |  | 10937995 | 31337 | SH |  | SOLE |  | 0 | 0 | 31337 |
| WASTE CONNECTIONS INC | Ordinary Shares | 94106B101 |  | 8233327 | 44094 | SH |  | SOLE |  | 0 | 0 | 44094 |
| WEC ENERGY GROUP INC | Ordinary Shares | 92939U106 |  | 1953925 | 18751 | SH |  | SOLE |  | 0 | 0 | 18751 |
| WAL-MART STORES INC | Ordinary Shares | 931142103 |  | 2439276 | 24946 | SH |  | SOLE |  | 0 | 0 | 24946 |
| WATSCO INC | Ordinary Shares | 942622200 |  | 10206801 | 23111 | SH |  | SOLE |  | 0 | 0 | 23111 |
| WEST PHARMACEUTICAL SVSC INC | Ordinary Shares | 955306105 |  | 6447556 | 29467 | SH |  | SOLE |  | 0 | 0 | 29467 |
| YUM CHINA HLDGS INC | Ordinary Shares | 98850P109 |  | 5871234 | 131317 | SH |  | SOLE |  | 0 | 0 | 131317 |

---