# EDGAR Filing Document

**Accession Number:** 0002075029
**File Stem:** 0002075029-25-000002
**Filing Date:** 2025-8
**Character Count:** 28703
**Document Hash:** 48923de3a09a48d431ba686920287464
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002075029-25-000002.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0002075029-25-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**EFFECTIVENESS DATE**: 20250826

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MASTERINVEST Kapitalanlage GmbH
- **CENTRAL INDEX KEY:** 0002075029

**ORGANIZATION NAME:**
- **EIN:** 091642355
- **STATE OF INCORPORATION:** C4
- **FISCAL YEAR END:** 1231
- **LEGAL ENTITY IDENTIFIER:** 5299000SPV9W5FRWSN48

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25762
- **FILM NUMBER:** 251253508

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** LANDSTRASSER HAUPTSTRASSE 1 TOP 27
- **CITY:** VIENNA
- **PROVINCE COUNTRY:** C4
- **ZIP:** 1030
- **BUSINESS PHONE:** 004315337668100

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** LANDSTRASSER HAUPTSTRASSE 1 TOP 27
- **CITY:** VIENNA
- **PROVINCE COUNTRY:** C4
- **ZIP:** 1030

### 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:** MASTERINVEST Kapitalanlage GmbH<br>**Address:** LANDSTRASSER HAUPTSTRASSE 1 TOP 27<br>VIENNA, C4 1030

**Form 13F File Number:** 028-25762

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:** Bettina Waenk<br>**Title:** -<br>**Phone:** 004315337668304

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

Bettina Wanek  Vienna, C4  08-26-2025<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:** 265

**Form 13F Information Table Value Total:** $951472603

      (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 |  | 4943386 | 32471 | SH |  | SOLE |  | 32471 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 8543605 | 62816 | SH |  | SOLE |  | 62816 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 12368419 | 66633 | SH |  | SOLE |  | 66633 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1244279 | 4163 | SH |  | SOLE |  | 4163 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 3379397 | 8735 | SH |  | SOLE |  | 8735 | 0 | 0 |
| ADVANCED DRAIN SYS INC DEL | COM | 00790R104 |  | 1320890 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 4613879 | 32515 | SH |  | SOLE |  | 32515 | 0 | 0 |
| AECOM | COM | 00766T100 |  | 2102695 | 18631 | SH |  | SOLE |  | 18631 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 1804727 | 15293 | SH |  | SOLE |  | 15293 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 1229217 | 4358 | SH |  | SOLE |  | 4358 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 8363229 | 47146 | SH |  | SOLE |  | 47146 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 21960374 | 124612 | SH |  | SOLE |  | 124612 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 488153 | 8326 | SH |  | SOLE |  | 8326 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 32546507 | 148350 | SH |  | SOLE |  | 148350 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 4459021 | 13979 | SH |  | SOLE |  | 13979 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 227241 | 2655 | SH |  | SOLE |  | 2655 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 377944 | 1710 | SH |  | SOLE |  | 1710 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 1030805 | 7410 | SH |  | SOLE |  | 7410 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 790988 | 1482 | SH |  | SOLE |  | 1482 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 2773951 | 9935 | SH |  | SOLE |  | 9935 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 490294 | 4965 | SH |  | SOLE |  | 4965 | 0 | 0 |
| AMRIZE LTD | SHS | H2927K103 |  | 907806 | 18321 | SH |  | SOLE |  | 18321 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 1660665 | 6977 | SH |  | SOLE |  | 6977 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 1468638 | 10352 | SH |  | SOLE |  | 10352 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 35062117 | 170893 | SH |  | SOLE |  | 170893 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 3305695 | 18057 | SH |  | SOLE |  | 18057 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 288116 | 823 | SH |  | SOLE |  | 823 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 715644 | 13559 | SH |  | SOLE |  | 13559 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 4372934 | 42742 | SH |  | SOLE |  | 42742 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 3355043 | 115931 | SH |  | SOLE |  | 115931 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 207432 | 1346 | SH |  | SOLE |  | 1346 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 2080620 | 6721 | SH |  | SOLE |  | 6721 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 7297669 | 23663 | SH |  | SOLE |  | 23663 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 2468633 | 665 | SH |  | SOLE |  | 665 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 394099 | 476 | SH |  | SOLE |  | 476 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 5291133 | 111816 | SH |  | SOLE |  | 111816 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 761953 | 8363 | SH |  | SOLE |  | 8363 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 965806 | 5607 | SH |  | SOLE |  | 5607 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 2915200 | 4 | SH |  | SOLE |  | 4 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2365214 | 4869 | SH |  | SOLE |  | 4869 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 394993 | 5884 | SH |  | SOLE |  | 5884 | 0 | 0 |
| BIO RAD LABS INC | CL A | 090572207 |  | 1077011 | 4463 | SH |  | SOLE |  | 4463 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 1325203 | 1263 | SH |  | SOLE |  | 1263 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 871304 | 5825 | SH |  | SOLE |  | 5825 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 4614023 | 797 | SH |  | SOLE |  | 797 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 5233874 | 48728 | SH |  | SOLE |  | 48728 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 3751850 | 81051 | SH |  | SOLE |  | 81051 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 21770562 | 78979 | SH |  | SOLE |  | 78979 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 3500584 | 11360 | SH |  | SOLE |  | 11360 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 3336289 | 15681 | SH |  | SOLE |  | 15681 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 1949123 | 26631 | SH |  | SOLE |  | 26631 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 2935256 | 7561 | SH |  | SOLE |  | 7561 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 2705718 | 19310 | SH |  | SOLE |  | 19310 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 1128036 | 3762 | SH |  | SOLE |  | 3762 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 2051567 | 37796 | SH |  | SOLE |  | 37796 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 244007 | 1002 | SH |  | SOLE |  | 1002 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1677471 | 11715 | SH |  | SOLE |  | 11715 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 473849 | 8439 | SH |  | SOLE |  | 8439 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 5593624 | 19307 | SH |  | SOLE |  | 19307 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 1647901 | 7394 | SH |  | SOLE |  | 7394 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 15972318 | 230215 | SH |  | SOLE |  | 230215 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 4556048 | 53525 | SH |  | SOLE |  | 53525 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 531550 | 4427 | SH |  | SOLE |  | 4427 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 1567815 | 8006 | SH |  | SOLE |  | 8006 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 9084435 | 32960 | SH |  | SOLE |  | 32960 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 820137 | 11838 | SH |  | SOLE |  | 11838 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 8547308 | 120810 | SH |  | SOLE |  | 120810 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 1526033 | 4354 | SH |  | SOLE |  | 4354 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 2551563 | 28070 | SH |  | SOLE |  | 28070 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 2794420 | 78297 | SH |  | SOLE |  | 78297 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 851453 | 9488 | SH |  | SOLE |  | 9488 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 2361080 | 44896 | SH |  | SOLE |  | 44896 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 244309 | 3278 | SH |  | SOLE |  | 3278 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 4070633 | 4112 | SH |  | SOLE |  | 4112 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 479261 | 941 | SH |  | SOLE |  | 941 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 1124791 | 10949 | SH |  | SOLE |  | 10949 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 214477 | 6573 | SH |  | SOLE |  | 6573 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 2155606 | 6582 | SH |  | SOLE |  | 6582 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 294200 | 4265 | SH |  | SOLE |  | 4265 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 295742 | 2294 | SH |  | SOLE |  | 2294 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 1745858 | 8838 | SH |  | SOLE |  | 8838 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 3615364 | 7110 | SH |  | SOLE |  | 7110 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 829541 | 26078 | SH |  | SOLE |  | 26078 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 211637 | 1214 | SH |  | SOLE |  | 1214 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 8440740 | 68065 | SH |  | SOLE |  | 68065 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 2179168 | 19052 | SH |  | SOLE |  | 19052 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 448895 | 1821 | SH |  | SOLE |  | 1821 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 556663 | 21022 | SH |  | SOLE |  | 21022 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 479033 | 6984 | SH |  | SOLE |  | 6984 | 0 | 0 |
| DYNATRACE INC | COM NEW | 268150109 |  | 964077 | 17462 | SH |  | SOLE |  | 17462 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 1087392 | 3046 | SH |  | SOLE |  | 3046 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 630304 | 8465 | SH |  | SOLE |  | 8465 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 3723391 | 13819 | SH |  | SOLE |  | 13819 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 1742050 | 22274 | SH |  | SOLE |  | 22274 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 2195556 | 13748 | SH |  | SOLE |  | 13748 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 1994198 | 5127 | SH |  | SOLE |  | 5127 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 19602842 | 25147 | SH |  | SOLE |  | 25147 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 851713 | 6388 | SH |  | SOLE |  | 6388 | 0 | 0 |
| ENSIGN GROUP INC | COM | 29358P101 |  | 1928250 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 382274 | 3196 | SH |  | SOLE |  | 3196 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 233693 | 901 | SH |  | SOLE |  | 901 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 939450 | 1181 | SH |  | SOLE |  | 1181 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 814082 | 12796 | SH |  | SOLE |  | 12796 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 825284 | 19007 | SH |  | SOLE |  | 19007 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 1976286 | 16900 | SH |  | SOLE |  | 16900 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2660073 | 24676 | SH |  | SOLE |  | 24676 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 5700240 | 135720 | SH |  | SOLE |  | 135720 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 2438808 | 10729 | SH |  | SOLE |  | 10729 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 793748 | 9750 | SH |  | SOLE |  | 9750 | 0 | 0 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 2370160 | 111800 | SH |  | SOLE |  | 111800 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 2052369 | 11904 | SH |  | SOLE |  | 11904 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 775146 | 71442 | SH |  | SOLE |  | 71442 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 2737831 | 25897 | SH |  | SOLE |  | 25897 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 211158 | 4871 | SH |  | SOLE |  | 4871 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 289068 | 903 | SH |  | SOLE |  | 903 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 2724216 | 10584 | SH |  | SOLE |  | 10584 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 2505526 | 4735 | SH |  | SOLE |  | 4735 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 1422288 | 27452 | SH |  | SOLE |  | 27452 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 3089171 | 27863 | SH |  | SOLE |  | 27863 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 4923818 | 6957 | SH |  | SOLE |  | 6957 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 |  | 2161618 | 2078 | SH |  | SOLE |  | 2078 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 360155 | 17672 | SH |  | SOLE |  | 17672 | 0 | 0 |
| HARTFORD FINL SVCS GROUP INC | COM | 416515104 |  | 919047 | 7244 | SH |  | SOLE |  | 7244 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 251314 | 656 | SH |  | SOLE |  | 656 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 1040373 | 50874 | SH |  | SOLE |  | 50874 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 3240292 | 12166 | SH |  | SOLE |  | 12166 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 10623759 | 28976 | SH |  | SOLE |  | 28976 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 563104 | 2418 | SH |  | SOLE |  | 2418 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 162816 | 10600 | SH |  | SOLE |  | 10600 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 347877 | 1869 | SH |  | SOLE |  | 1869 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 2048219 | 8284 | SH |  | SOLE |  | 8284 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 1516205 | 18228 | SH |  | SOLE |  | 18228 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 1247187 | 55678 | SH |  | SOLE |  | 55678 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 2368413 | 12909 | SH |  | SOLE |  | 12909 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 6179179 | 20962 | SH |  | SOLE |  | 20962 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 1078538 | 14664 | SH |  | SOLE |  | 14664 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 3890104 | 4939 | SH |  | SOLE |  | 4939 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 5687873 | 10467 | SH |  | SOLE |  | 10467 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 1891083 | 18437 | SH |  | SOLE |  | 18437 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 1949814 | 8940 | SH |  | SOLE |  | 8940 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 2351892 | 15397 | SH |  | SOLE |  | 15397 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 2411199 | 22829 | SH |  | SOLE |  | 22829 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 21484360 | 74107 | SH |  | SOLE |  | 74107 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 1486061 | 11527 | SH |  | SOLE |  | 11527 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 233818 | 7953 | SH |  | SOLE |  | 7953 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 280161 | 2106 | SH |  | SOLE |  | 2106 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 1892698 | 2113 | SH |  | SOLE |  | 2113 | 0 | 0 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 1427214 | 32268 | SH |  | SOLE |  | 32268 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 591820 | 22921 | SH |  | SOLE |  | 22921 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 6035956 | 62009 | SH |  | SOLE |  | 62009 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 247248 | 3060 | SH |  | SOLE |  | 3060 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 9216103 | 19643 | SH |  | SOLE |  | 19643 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 3643771 | 16423 | SH |  | SOLE |  | 16423 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 237703 | 1431 | SH |  | SOLE |  | 1431 | 0 | 0 |
| MARKEL GROUP INC | COM | 570535104 |  | 1036630 | 519 | SH |  | SOLE |  | 519 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 604614 | 2213 | SH |  | SOLE |  | 2213 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 1966666 | 8995 | SH |  | SOLE |  | 8995 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 227324 | 2937 | SH |  | SOLE |  | 2937 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 564501 | 8771 | SH |  | SOLE |  | 8771 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 9550170 | 16995 | SH |  | SOLE |  | 16995 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 1214939 | 16024 | SH |  | SOLE |  | 16024 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 7859373 | 26900 | SH |  | SOLE |  | 26900 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 322423 | 440 | SH |  | SOLE |  | 440 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1302495 | 14942 | SH |  | SOLE |  | 14942 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 3217379 | 1231 | SH |  | SOLE |  | 1231 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 2916571 | 36844 | SH |  | SOLE |  | 36844 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 27287927 | 36971 | SH |  | SOLE |  | 36971 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 4975357 | 40368 | SH |  | SOLE |  | 40368 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 62533391 | 125718 | SH |  | SOLE |  | 125718 | 0 | 0 |
| MICROSTRATEGY INC | CL A NEW | 594972408 |  | 354914 | 878 | SH |  | SOLE |  | 878 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 2793230 | 41418 | SH |  | SOLE |  | 41418 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 1727378 | 8226 | SH |  | SOLE |  | 8226 | 0 | 0 |
| MONTROSE ENVIRONMENTAL GROUP | COM | 615111101 |  | 704858 | 32200 | SH |  | SOLE |  | 32200 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 997662 | 1989 | SH |  | SOLE |  | 1989 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 3274573 | 23247 | SH |  | SOLE |  | 23247 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 1783171 | 4241 | SH |  | SOLE |  | 4241 | 0 | 0 |
| MSA SAFETY INC | COM | 553498106 |  | 505773 | 3019 | SH |  | SOLE |  | 3019 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 1602513 | 15040 | SH |  | SOLE |  | 15040 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 17959075 | 13411 | SH |  | SOLE |  | 13411 | 0 | 0 |
| NEW YORK TIMES CO | CL A | 650111107 |  | 1232736 | 22021 | SH |  | SOLE |  | 22021 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 2511122 | 43102 | SH |  | SOLE |  | 43102 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 954108 | 13744 | SH |  | SOLE |  | 13744 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 4094745 | 57640 | SH |  | SOLE |  | 57640 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 223974 | 875 | SH |  | SOLE |  | 875 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 760233 | 5996 | SH |  | SOLE |  | 5996 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 57006582 | 360824 | SH |  | SOLE |  | 360824 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 1607581 | 9905 | SH |  | SOLE |  | 9905 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 229625 | 2813 | SH |  | SOLE |  | 2813 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 11181176 | 51142 | SH |  | SOLE |  | 51142 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 266334 | 2955 | SH |  | SOLE |  | 2955 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 734134 | 7414 | SH |  | SOLE |  | 7414 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 7604884 | 55787 | SH |  | SOLE |  | 55787 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 2396948 | 11713 | SH |  | SOLE |  | 11713 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 2078646 | 2976 | SH |  | SOLE |  | 2976 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 204517 | 1406 | SH |  | SOLE |  | 1406 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 1506318 | 20268 | SH |  | SOLE |  | 20268 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 9442973 | 71516 | SH |  | SOLE |  | 71516 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 1163423 | 47996 | SH |  | SOLE |  | 47996 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1029217 | 5651 | SH |  | SOLE |  | 5651 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 219393 | 1839 | SH |  | SOLE |  | 1839 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 1135256 | 31658 | SH |  | SOLE |  | 31658 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 251294 | 1348 | SH |  | SOLE |  | 1348 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 14305822 | 89793 | SH |  | SOLE |  | 89793 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 7701846 | 28861 | SH |  | SOLE |  | 28861 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 4280276 | 40718 | SH |  | SOLE |  | 40718 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1489440 | 13863 | SH |  | SOLE |  | 13863 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 819815 | 2794 | SH |  | SOLE |  | 2794 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 3895978 | 24463 | SH |  | SOLE |  | 24463 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 1607219 | 4251 | SH |  | SOLE |  | 4251 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 313226 | 5437 | SH |  | SOLE |  | 5437 | 0 | 0 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 818009 | 5643 | SH |  | SOLE |  | 5643 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 1138200 | 2168 | SH |  | SOLE |  | 2168 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 3024276 | 11722 | SH |  | SOLE |  | 11722 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 858736 | 62499 | SH |  | SOLE |  | 62499 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 238476 | 2547 | SH |  | SOLE |  | 2547 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 |  | 247325 | 2351 | SH |  | SOLE |  | 2351 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 249410 | 440 | SH |  | SOLE |  | 440 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 960040 | 7525 | SH |  | SOLE |  | 7525 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 2916272 | 9313 | SH |  | SOLE |  | 9313 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 2688125 | 5098 | SH |  | SOLE |  | 5098 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 8243691 | 30231 | SH |  | SOLE |  | 30231 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 3496170 | 103437 | SH |  | SOLE |  | 103437 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 3875875 | 42480 | SH |  | SOLE |  | 42480 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 832637 | 10989 | SH |  | SOLE |  | 10989 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 10408282 | 10124 | SH |  | SOLE |  | 10124 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 2829287 | 8240 | SH |  | SOLE |  | 8240 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 228917 | 1023 | SH |  | SOLE |  | 1023 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 3979425 | 5186 | SH |  | SOLE |  | 5186 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 352042 | 3842 | SH |  | SOLE |  | 3842 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 206231 | 20650 | SH |  | SOLE |  | 20650 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 1920783 | 4855 | SH |  | SOLE |  | 4855 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 721660 | 10813 | SH |  | SOLE |  | 10813 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 2477269 | 4832 | SH |  | SOLE |  | 4832 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 4153586 | 17433 | SH |  | SOLE |  | 17433 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 1539427 | 6339 | SH |  | SOLE |  | 6339 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 821726 | 9358 | SH |  | SOLE |  | 9358 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 6660377 | 20967 | SH |  | SOLE |  | 20967 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 2295862 | 11058 | SH |  | SOLE |  | 11058 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 1126694 | 36760 | SH |  | SOLE |  | 36760 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 3317370 | 10035 | SH |  | SOLE |  | 10035 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 1148262 | 2832 | SH |  | SOLE |  | 2832 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 9275580 | 75112 | SH |  | SOLE |  | 75112 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 4268246 | 9758 | SH |  | SOLE |  | 9758 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 444027 | 292 | SH |  | SOLE |  | 292 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 206808 | 773 | SH |  | SOLE |  | 773 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 2346122 | 25146 | SH |  | SOLE |  | 25146 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 4996877 | 21718 | SH |  | SOLE |  | 21718 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 384773 | 4832 | SH |  | SOLE |  | 4832 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 250634 | 2483 | SH |  | SOLE |  | 2483 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2463627 | 7897 | SH |  | SOLE |  | 7897 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 239373 | 5290 | SH |  | SOLE |  | 5290 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 273410 | 2034 | SH |  | SOLE |  | 2034 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 1523415 | 5290 | SH |  | SOLE |  | 5290 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 205048 | 710 | SH |  | SOLE |  | 710 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 4090919 | 94544 | SH |  | SOLE |  | 94544 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 2575036 | 5784 | SH |  | SOLE |  | 5784 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 14822628 | 41748 | SH |  | SOLE |  | 41748 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 668664 | 3194 | SH |  | SOLE |  | 3194 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 7496987 | 76672 | SH |  | SOLE |  | 76672 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 5143187 | 22477 | SH |  | SOLE |  | 22477 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1359476 | 16968 | SH |  | SOLE |  | 16968 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 2753458 | 17911 | SH |  | SOLE |  | 17911 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 247440 | 1031 | SH |  | SOLE |  | 1031 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 910904 | 5841 | SH |  | SOLE |  | 5841 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 1792597 | 5710 | SH |  | SOLE |  | 5710 | 0 | 0 |

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