# EDGAR Filing Document

**Accession Number:** 0001055969
**File Stem:** 0001752724-25-186512
**Filing Date:** 2025-8
**Character Count:** 42845
**Document Hash:** 4b41673f2b654741978713184d8dac13
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-186512.hdr.sgml**: 20250813

**ACCESSION NUMBER**: 0001752724-25-186512

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250813

**DATE AS OF CHANGE**: 20250813

**EFFECTIVENESS DATE**: 20250813

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GROUPAMA ASSET MANAGMENT
- **CENTRAL INDEX KEY:** 0001055969

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** I0
- **FISCAL YEAR END:** 1214

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06752
- **FILM NUMBER:** 251209152

**BUSINESS ADDRESS:**
- **STREET 1:** 25 RUE DE LA VILLE L'EVEQUE
- **CITY:** PARIS
- **STATE:** I0
- **ZIP:** 75008
- **BUSINESS PHONE:** 0033144567676

**MAIL ADDRESS:**
- **STREET 1:** 25 RUE DE LA VILLE L'EVEQUE
- **CITY:** PARIS
- **STATE:** I0
- **ZIP:** 75008

### 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:** GROUPAMA ASSET MANAGMENT<br>**Address:** 25 RUE DE LA VILLE L'EVEQUE<br>PARIS, I0 75008

**Form 13F File Number:** 028-06752

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:** Carine Duboscq<br>**Title:** Regulatory Project Manager<br>**Phone:** 0033144565614

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

/s/ Carine Duboscq  Paris, I0  08-13-2025<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:** 2

**Form 13F Information Table Entry Total:** 406

**Form 13F Information Table Value Total:** $6044790203

      (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.]

| No.   | Name                         | Form 13F File Number   |
|:---|:---|:---|
|  | Amundi Asset Management      | 028-11419              |
|  | Lazard Freres Gestion S.A.S. | 028-13010              |

### 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 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 310210 | 6539 | SH |  | SOLE |  | 6539 | 0 | 0 |
| GUARDANT HEALTH INC | COM | 40131M109 |  | 576061 | 500000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 2096380 | 50503 | SH |  | SOLE |  | 50503 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 59670724 | 79284 | SH |  | SOLE |  | 68937 | 0 | 10347 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 359183 | 653 | SH |  | SOLE |  | 653 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 2526084 | 286609 | SH |  | SOLE |  | 244962 | 0 | 41647 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 1790766 | 26422 | SH |  | SOLE |  | 0 | 0 | 26422 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 483351 | 968 | SH |  | SOLE |  | 968 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 2024200 | 2789 | SH |  | SOLE |  | 2789 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 496386 | 940 | SH |  | SOLE |  | 940 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 2018202 | 9746 | SH |  | SOLE |  | 9746 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 309826 | 3224 | SH |  | SOLE |  | 3224 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 1178658 | 35880 | SH |  | SOLE |  | 35880 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 1365792 | 17350 | SH |  | SOLE |  | 17350 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 2492871 | 15452 | SH |  | SOLE |  | 15452 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 3043990 | 35387 | SH |  | SOLE |  | 6076 | 0 | 29311 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 1148039 | 1200000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 5192523 | 24025 | SH |  | SOLE |  | 24025 | 0 | 0 |
| REPLIGEN CORP | COM | 759916109 |  | 641276 | 5190 | SH |  | SOLE |  | 5190 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 487189 | 5403 | SH |  | SOLE |  | 5403 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 1401339 | 5492 | SH |  | SOLE |  | 5492 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 3838693 | 29936 | SH |  | SOLE |  | 29936 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 2486309 | 3378 | SH |  | SOLE |  | 3378 | 0 | 0 |
| ASE TECHNOLOGY HLDG CO LTD | SPONSORED ADS | 00215W100 |  | 851923 | 80446 | SH |  | SOLE |  | 0 | 0 | 80446 |
| MONGODB INC | CL A | 60937P106 |  | 4921784 | 23446 | SH |  | SOLE |  | 23446 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 39715099 | 282288 | SH |  | SOLE |  | 238314 | 0 | 43974 |
| NUCOR CORP | COM | 670346105 |  | 1348209 | 10258 | SH |  | SOLE |  | 10258 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 146050327 | 199079 | SH |  | SOLE |  | 171408 | 0 | 27671 |
| ADOBE INC | COM | 00724F101 |  | 7468511 | 19357 | SH |  | SOLE |  | 8699 | 0 | 10658 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 13013663 | 163557 | SH |  | SOLE |  | 146006 | 0 | 17551 |
| WELLTOWER INC | COM | 95040Q104 |  | 27241919 | 179070 | SH |  | SOLE |  | 150805 | 0 | 28265 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 19374706 | 62679 | SH |  | SOLE |  | 56281 | 0 | 6398 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 1323297 | 1150000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 1206510 | 8969 | SH |  | SOLE |  | 8969 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 3956761 | 21854 | SH |  | SOLE |  | 21371 | 0 | 483 |
| BIOGEN INC | COM | 09062X103 |  | 1124381 | 8918 | SH |  | SOLE |  | 2377 | 0 | 6541 |
| SNAP INC | CL A | 83304A106 |  | 1127472 | 1200000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 3747555 | 4000000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 1016335 | 4159 | SH |  | SOLE |  | 0 | 0 | 4159 |
| WIX COM LTD | SHS | M98068105 |  | 893835 | 900000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 101314584 | 1041581 | SH |  | SOLE |  | 868418 | 0 | 173163 |
| EMERSON ELEC CO | COM | 291011104 |  | 4064881 | 30524 | SH |  | SOLE |  | 30524 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 |  | 426735 | 14500 | SH |  | SOLE |  | 14500 | 0 | 0 |
| RUBRIK INC. | CL A | 781154109 |  | 1037275 | 1000000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 3716397 | 8597 | SH |  | SOLE |  | 3136 | 0 | 5461 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 256803 | 1503 | SH |  | SOLE |  | 1503 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 1330665 | 6555 | SH |  | SOLE |  | 6555 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 751373 | 700000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 3921370 | 35433 | SH |  | SOLE |  | 4789 | 0 | 30644 |
| FRANCO NEV CORP | COM | 351858105 |  | 44440595 | 275481 | SH |  | SOLE |  | 217144 | 0 | 58337 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 4420202 | 33688 | SH |  | SOLE |  | 33688 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 451363 | 1885 | SH |  | SOLE |  | 1885 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 2520586 | 1867850 | PRN |  | SOLE |  | 0 | 0 | 0 |
| HAEMONETICS CORP MASS | COM | 405024100 |  | 249100 | 250000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 270993 | 2274 | SH |  | SOLE |  | 2274 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 21902720 | 95825 | SH |  | SOLE |  | 2700 | 0 | 93125 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 3547761 | 27136 | SH |  | SOLE |  | 27136 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 150183437 | 1409776 | SH |  | SOLE |  | 1249263 | 0 | 160513 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 1763186 | 6641 | SH |  | SOLE |  | 0 | 0 | 6641 |
| LYFT INC | CL A COM | 55087P104 |  | 1073946 | 1000000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 733838 | 9949 | SH |  | SOLE |  | 0 | 0 | 9949 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 1849166 | 18276 | SH |  | SOLE |  | 18276 | 0 | 0 |
| BILL HOLDINGS INC | COM | 090043100 |  | 3889469 | 4450000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 1531005 | 1550000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 450200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 2371685 | 46531 | SH |  | SOLE |  | 46531 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 2013449 | 8497 | SH |  | SOLE |  | 8497 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 1130089 | 8624 | SH |  | SOLE |  | 8624 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 1653273 | 10481 | SH |  | SOLE |  | 10481 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 172334664 | 1483220 | SH |  | SOLE |  | 1201150 | 0 | 282070 |
| NIKE INC | CL B | 654106103 |  | 2768830 | 38436 | SH |  | SOLE |  | 38337 | 0 | 99 |
| KLA CORP | COM NEW | 482480100 |  | 5708516 | 6415 | SH |  | SOLE |  | 6415 | 0 | 0 |
| ESSEX PPTY TR INC | COM | 297178105 |  | 489478 | 1715 | SH |  | SOLE |  | 1715 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 1353018 | 1500000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 3984788 | 11281 | SH |  | SOLE |  | 11281 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 148236288 | 830321 | SH |  | SOLE |  | 700919 | 0 | 129402 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 1792604 | 500000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 9378245 | 96484 | SH |  | SOLE |  | 96484 | 0 | 0 |
| DEUTSCHE BANK A G | NAMEN AKT | D18190898 |  | 3637972 | 139922 | SH |  | SOLE |  | 92685 | 0 | 47237 |
| TJX COS INC NEW | COM | 872540109 |  | 60862984 | 493297 | SH |  | SOLE |  | 419211 | 0 | 74086 |
| PHILLIPS 66 | COM | 718546104 |  | 2498407 | 20951 | SH |  | SOLE |  | 20951 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 2425719 | 29855 | SH |  | SOLE |  | 29855 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 1483962 | 17543 | SH |  | SOLE |  | 17543 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 2581404 | 24096 | SH |  | SOLE |  | 24096 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 7370859 | 40829 | SH |  | SOLE |  | 40829 | 0 | 0 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 383110 | 1686 | SH |  | SOLE |  | 1686 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 527096 | 1703 | SH |  | SOLE |  | 1703 | 0 | 0 |
| MIRION TECHNOLOGIES INC | COM CL A | 60471A101 |  | 932386 | 800000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 1641818 | 8957 | SH |  | SOLE |  | 8957 | 0 | 0 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 2636298 | 12899 | SH |  | SOLE |  | 12899 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 3173898 | 19313 | SH |  | SOLE |  | 19313 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 1999144 | 13110 | SH |  | SOLE |  | 13110 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 4797559 | 15723 | SH |  | SOLE |  | 9806 | 0 | 5917 |
| MADRIGAL PHARMACEUTICALS INC | COM | 558868105 |  | 12297968 | 40891 | SH |  | SOLE |  | 40891 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 2098351 | 8840 | SH |  | SOLE |  | 8840 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 401739 | 2121 | SH |  | SOLE |  | 2121 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 1843854 | 1747 | SH |  | SOLE |  | 1747 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 452229 | 5045 | SH |  | SOLE |  | 2905 | 0 | 2140 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 2347454 | 135222 | SH |  | SOLE |  | 70273 | 0 | 64949 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 1426822 | 4702 | SH |  | SOLE |  | 4702 | 0 | 0 |
| IMMUNOCORE HLDGS PLC | ADS | 45258D105 |  | 526801 | 600000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 539842119 | 1088489 | SH |  | SOLE |  | 898852 | 0 | 189637 |
| MARATHON PETE CORP | COM | 56585A102 |  | 2038049 | 12174 | SH |  | SOLE |  | 12174 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 371743 | 10525 | SH |  | SOLE |  | 10525 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 1774044 | 5593 | SH |  | SOLE |  | 5593 | 0 | 0 |
| INSMED INC | COM PAR $.01 | 457669307 |  | 1310781 | 13175 | SH |  | SOLE |  | 13175 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 64631208 | 1698140 | SH |  | SOLE |  | 1437441 | 0 | 260699 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 3355968 | 8797 | SH |  | SOLE |  | 1678 | 0 | 7119 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 1378566 | 1200000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 327699340 | 1216448 | SH |  | SOLE |  | 1041541 | 0 | 174907 |
| HP INC | COM | 40434L105 |  | 1697017 | 68511 | SH |  | SOLE |  | 68511 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 2019379 | 19980 | SH |  | SOLE |  | 19980 | 0 | 0 |
| SK TELECOM CO LTD | SPONSORED ADR | 78440P306 |  | 572422 | 24953 | SH |  | SOLE |  | 0 | 0 | 24953 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 6454947 | 20161 | SH |  | SOLE |  | 20161 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 463054 | 1640 | SH |  | SOLE |  | 1640 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 948006 | 3345 | SH |  | SOLE |  | 3345 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 225584 | 2849 | SH |  | SOLE |  | 2849 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 1320139 | 4277 | SH |  | SOLE |  | 4277 | 0 | 0 |
| BIONTECH SE | SPONSORED ADS | 09075V102 |  | 23822572 | 223225 | SH |  | SOLE |  | 203025 | 0 | 20200 |
| ALLSTATE CORP | COM | 020002101 |  | 2786252 | 14233 | SH |  | SOLE |  | 14233 | 0 | 0 |
| QIAGEN NV | COM SHS | N72482206 |  | 507375 | 12375 | SH |  | SOLE |  | 12375 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 218017 | 7067 | SH |  | SOLE |  | 7067 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 1559946 | 8663 | SH |  | SOLE |  | 8663 | 0 | 0 |
| AMRIZE LTD | SHS | H2927K103 |  | 1001303 | 25635 | SH |  | SOLE |  | 25635 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 2125584 | 25450 | SH |  | SOLE |  | 25450 | 0 | 0 |
| VARONIS SYS INC | COM | 922280102 |  | 1270671 | 1250000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 8344460 | 62096 | SH |  | SOLE |  | 22164 | 0 | 39932 |
| WABTEC | COM | 929740108 |  | 1717181 | 8268 | SH |  | SOLE |  | 8268 | 0 | 0 |
| HEICO CORP NEW | COM | 422806109 |  | 4764453 | 14627 | SH |  | SOLE |  | 14627 | 0 | 0 |
| CYTOKINETICS INC | COM NEW | 23282W605 |  | 379781 | 350000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 5642370 | 4750000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 44807672 | 543255 | SH |  | SOLE |  | 454069 | 0 | 89186 |
| NATERA INC | COM | 632307104 |  | 17496897 | 104173 | SH |  | SOLE |  | 104173 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 547342 | 9921 | SH |  | SOLE |  | 9921 | 0 | 0 |
| UDR INC | COM | 902653104 |  | 1727814 | 42442 | SH |  | SOLE |  | 42442 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 53521327 | 334802 | SH |  | SOLE |  | 283988 | 0 | 50814 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 2045508 | 11253 | SH |  | SOLE |  | 11093 | 0 | 160 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 7095989 | 38171 | SH |  | SOLE |  | 38171 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 2125359 | 12713 | SH |  | SOLE |  | 12713 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 2827935 | 16410 | SH |  | SOLE |  | 16410 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 859451 | 6227 | SH |  | SOLE |  | 0 | 0 | 6227 |
| HESS CORP | COM | 42809H107 |  | 2559827 | 18420 | SH |  | SOLE |  | 18420 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 22994304 | 60623 | SH |  | SOLE |  | 59618 | 0 | 1005 |
| APPLE INC | COM | 037833100 |  | 241620687 | 1201432 | SH |  | SOLE |  | 1012515 | 0 | 188917 |
| OSHKOSH CORP | COM | 688239201 |  | 621956 | 5474 | SH |  | SOLE |  | 0 | 0 | 5474 |
| PFIZER INC | COM | 717081103 |  | 2411057 | 99670 | SH |  | SOLE |  | 98870 | 0 | 800 |
| TELUS CORPORATION | COM | 87971M103 |  | 238653 | 11008 | SH |  | SOLE |  | 11008 | 0 | 0 |
| IONIS PHARMACEUTICALS INC | COM | 462222100 |  | 26306089 | 660957 | SH |  | SOLE |  | 605735 | 0 | 55222 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 931954 | 8718 | SH |  | SOLE |  | 8718 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 27289437 | 149687 | SH |  | SOLE |  | 94668 | 0 | 55019 |
| MSCI INC | COM | 55354G100 |  | 2090639 | 3627 | SH |  | SOLE |  | 3627 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 5976706 | 39214 | SH |  | SOLE |  | 38920 | 0 | 294 |
| PARSONS CORP DEL | COM | 70202L102 |  | 2461258 | 2300000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 105958777 | 151253 | SH |  | SOLE |  | 119609 | 0 | 31644 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 1411764 | 9878 | SH |  | SOLE |  | 9878 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 9907069 | 17581 | SH |  | SOLE |  | 17581 | 0 | 0 |
| GARTNER INC | COM | 366651107 |  | 323819 | 804 | SH |  | SOLE |  | 804 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 654236 | 550000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 |  | 486619 | 4698 | SH |  | SOLE |  | 4698 | 0 | 0 |
| CYBERARK SOFTWARE LTD | SHS | M2682V108 |  | 4088220 | 4000000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| SMURFIT WESTROCK PLC | SHS | G8267P108 |  | 19266445 | 608350 | SH |  | SOLE |  | 486835 | 0 | 121515 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2261385 | 53448 | SH |  | SOLE |  | 53448 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 400847 | 23278 | SH |  | SOLE |  | 23278 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 1739289 | 25251 | SH |  | SOLE |  | 25251 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 15885895 | 337137 | SH |  | SOLE |  | 337137 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 62593900 | 227813 | SH |  | SOLE |  | 191091 | 0 | 36722 |
| BILL HOLDINGS INC | COM | 090043100 |  | 911400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 7808121 | 278067 | SH |  | SOLE |  | 278067 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 1573953 | 28493 | SH |  | SOLE |  | 28493 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 3814140 | 13763 | SH |  | SOLE |  | 13763 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 758931 | 3132 | SH |  | SOLE |  | 3132 | 0 | 0 |
| LANTHEUS HLDGS INC | COM | 516544103 |  | 507912 | 400000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 61940380 | 783064 | SH |  | SOLE |  | 652220 | 0 | 130844 |
| CINTAS CORP | COM | 172908105 |  | 1101543 | 4990 | SH |  | SOLE |  | 4990 | 0 | 0 |
| WEBSTER FINL CORP | COM | 947890109 |  | 7831173 | 143009 | SH |  | SOLE |  | 143009 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 397231 | 7642 | SH |  | SOLE |  | 7642 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 471041 | 4464 | SH |  | SOLE |  | 4464 | 0 | 0 |
| SERVICE CORP INTL | COM | 817565104 |  | 10111863 | 123844 | SH |  | SOLE |  | 123844 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 216173 | 699 | SH |  | SOLE |  | 699 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 4407509 | 36486 | SH |  | SOLE |  | 36486 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 617071 | 8438 | SH |  | SOLE |  | 8438 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 47492374 | 255679 | SH |  | SOLE |  | 206909 | 0 | 48770 |
| 3M CO | COM | 88579Y101 |  | 1711593 | 11259 | SH |  | SOLE |  | 11259 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 3105924 | 133016 | SH |  | SOLE |  | 133016 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 598310 | 3989 | SH |  | SOLE |  | 1865 | 0 | 2124 |
| COPART INC | COM | 217204106 |  | 1615042 | 33521 | SH |  | SOLE |  | 33521 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 1034530 | 600000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 20004288 | 57383 | SH |  | SOLE |  | 57383 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 697803 | 2213 | SH |  | SOLE |  | 2213 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 24514423 | 50474 | SH |  | SOLE |  | 48128 | 0 | 2346 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1173026 | 25308 | SH |  | SOLE |  | 25308 | 0 | 0 |
| XPO INC | COM | 983793100 |  | 85236570 | 668627 | SH |  | SOLE |  | 578887 | 0 | 89740 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 586687 | 2704 | SH |  | SOLE |  | 2704 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 452791 | 7225 | SH |  | SOLE |  | 7225 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 |  | 15552142 | 16000000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 15620130 | 48385 | SH |  | SOLE |  | 48385 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 4593472 | 130053 | SH |  | SOLE |  | 113735 | 0 | 16318 |
| QIAGEN NV | COM SHS | N72482206 |  | 16062655 | 15000000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 1268777 | 18525 | SH |  | SOLE |  | 18525 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 340472 | 11174 | SH |  | SOLE |  | 11174 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 37875988 | 448874 | SH |  | SOLE |  | 369092 | 0 | 79782 |
| BUNGE GLOBAL SA | COM SHS | H11356104 |  | 305994 | 3804 | SH |  | SOLE |  | 3804 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 200103 | 259 | SH |  | SOLE |  | 259 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 1984635 | 45239 | SH |  | SOLE |  | 45239 | 0 | 0 |
| DENALI THERAPEUTICS INC | COM | 24823R105 |  | 2474987 | 175531 | SH |  | SOLE |  | 175531 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 1290074 | 44516 | SH |  | SOLE |  | 44516 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 |  | 1004478 | 850000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| V F CORP | COM | 918204108 |  | 279424 | 23600 | SH |  | SOLE |  | 23600 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 7897703 | 5969 | SH |  | SOLE |  | 5969 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 41718211 | 182295 | SH |  | SOLE |  | 149776 | 0 | 32519 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 21901046 | 100565 | SH |  | SOLE |  | 80878 | 0 | 19687 |
| BENTLEY SYS INC | COM CL B | 08265T208 |  | 1118758 | 21253 | SH |  | SOLE |  | 21253 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 87956390 | 2160886 | SH |  | SOLE |  | 1874837 | 0 | 286049 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 424170 | 3421 | SH |  | SOLE |  | 3421 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 3672069 | 645 | SH |  | SOLE |  | 645 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 225562 | 3560 | SH |  | SOLE |  | 3560 | 0 | 0 |
| ORMAT TECHNOLOGIES INC | COM | 686688102 |  | 557907 | 500000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 551179 | 2569 | SH |  | SOLE |  | 2569 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 1208158 | 19578 | SH |  | SOLE |  | 19578 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 1524927 | 67207 | SH |  | SOLE |  | 67207 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 25071073 | 31933 | SH |  | SOLE |  | 27483 | 0 | 4450 |
| WATTS WATER TECHNOLOGIES INC | CL A | 942749102 |  | 24520231 | 99696 | SH |  | SOLE |  | 99696 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 2396001 | 7653 | SH |  | SOLE |  | 7653 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 594035 | 6577 | SH |  | SOLE |  | 6577 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 327406 | 400000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 2690272 | 11786 | SH |  | SOLE |  | 11786 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 7878381 | 14316 | SH |  | SOLE |  | 14316 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 1942308 | 1500000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 2711436 | 9177 | SH |  | SOLE |  | 9177 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 11342868 | 53952 | SH |  | SOLE |  | 53952 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 5363318 | 13190 | SH |  | SOLE |  | 13190 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 7060583 | 18353 | SH |  | SOLE |  | 18353 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 75619338 | 376875 | SH |  | SOLE |  | 339476 | 0 | 37399 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1566191 | 1350000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 1098859 | 14916 | SH |  | SOLE |  | 14911 | 0 | 5 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 1221932 | 7849 | SH |  | SOLE |  | 7849 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 513866 | 3570 | SH |  | SOLE |  | 3570 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 4388229 | 27679 | SH |  | SOLE |  | 26658 | 0 | 1021 |
| PROGRESSIVE CORP | COM | 743315103 |  | 4097125 | 15520 | SH |  | SOLE |  | 15520 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 2536848 | 1900000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 4118485 | 8439 | SH |  | SOLE |  | 3314 | 0 | 5125 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 2894618 | 20435 | SH |  | SOLE |  | 0 | 0 | 20435 |
| TESLA INC | COM | 88160R101 |  | 47181370 | 145788 | SH |  | SOLE |  | 126684 | 0 | 19104 |
| METLIFE INC | COM | 59156R108 |  | 52977895 | 659175 | SH |  | SOLE |  | 539792 | 0 | 119383 |
| DROPBOX INC | CL A | 26210C104 |  | 603096 | 600000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 12109860 | 176400 | SH |  | SOLE |  | 72060 | 0 | 104340 |
| INVITATION HOMES INC | COM | 46187W107 |  | 2253786 | 68881 | SH |  | SOLE |  | 68881 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 1624756 | 25839 | SH |  | SOLE |  | 25839 | 0 | 0 |
| BANCO BRADESCO S A | SP ADR PFD NEW | 059460303 |  | 773623 | 255321 | SH |  | SOLE |  | 0 | 0 | 255321 |
| COOPER COS INC | COM | 216648501 |  | 1415544 | 19898 | SH |  | SOLE |  | 19898 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 19086878 | 561220 | SH |  | SOLE |  | 512437 | 0 | 48783 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 167888035 | 1345688 | SH |  | SOLE |  | 1137832 | 0 | 207856 |
| T-MOBILE US INC | COM | 872590104 |  | 85262363 | 362433 | SH |  | SOLE |  | 320634 | 0 | 41799 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 1509451 | 1500000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 343667 | 2687 | SH |  | SOLE |  | 2687 | 0 | 0 |
| MARKETAXESS HLDGS INC | COM | 57060D108 |  | 379163 | 1727 | SH |  | SOLE |  | 1727 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 9118944 | 17614 | SH |  | SOLE |  | 8722 | 0 | 8892 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 433889 | 4164 | SH |  | SOLE |  | 4164 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 62941261 | 154162 | SH |  | SOLE |  | 128696 | 0 | 25466 |
| AMAZON COM INC | COM | 023135106 |  | 224188536 | 1004269 | SH |  | SOLE |  | 854625 | 0 | 149644 |
| CYBERARK SOFTWARE LTD | SHS | M2682V108 |  | 122256 | 2400 | SH | Call | SOLE |  | 2400 | 0 | 0 |
| ALAMOS GOLD INC NEW | COM CL A | 011532108 |  | 7124998 | 278429 | SH |  | SOLE |  | 278429 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 3378273 | 41279 | SH |  | SOLE |  | 41279 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 6304980 | 6600000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1744856 | 6005 | SH |  | SOLE |  | 4980 | 0 | 1025 |
| YUM BRANDS INC | COM | 988498101 |  | 2194835 | 14789 | SH |  | SOLE |  | 14789 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 20236384 | 113605 | SH |  | SOLE |  | 104640 | 0 | 8965 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 29115470 | 95398 | SH |  | SOLE |  | 95398 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 298124 | 2220 | SH |  | SOLE |  | 2220 | 0 | 0 |
| HUBSPOT INC | COM | 443573100 |  | 33533918 | 60901 | SH |  | SOLE |  | 50234 | 0 | 10667 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 976298 | 1000000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 694722 | 8244 | SH |  | SOLE |  | 0 | 0 | 8244 |
| APPLIED MATLS INC | COM | 038222105 |  | 3641848 | 19878 | SH |  | SOLE |  | 19878 | 0 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 5135645 | 45408 | SH |  | SOLE |  | 45408 | 0 | 0 |
| UPWORK INC | COM | 91688F104 |  | 661019 | 700000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| EPAM SYS INC | COM | 29414B104 |  | 238779 | 1365 | SH |  | SOLE |  | 1365 | 0 | 0 |
| ANSYS INC | COM | 03662Q105 |  | 324623 | 935 | SH |  | SOLE |  | 935 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 21126396 | 156852 | SH |  | SOLE |  | 129480 | 0 | 27372 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 504713 | 1973 | SH |  | SOLE |  | 1973 | 0 | 0 |
| ORLA MNG LTD NEW | COM | 68634K106 |  | 7342162 | 559616 | SH |  | SOLE |  | 559616 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 1090325 | 54030 | SH |  | SOLE |  | 54030 | 0 | 0 |
| CYBERARK SOFTWARE LTD | SHS | M2682V108 |  | 70551070 | 177313 | SH |  | SOLE |  | 162202 | 0 | 15111 |
| NUTANIX INC | CL A | 67059N108 |  | 975953 | 700000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| SHINHAN FINANCIAL GROUP CO L | SPN ADR RESTRD | 824596100 |  | 776708 | 17525 | SH |  | SOLE |  | 0 | 0 | 17525 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 1519508 | 8218 | SH |  | SOLE |  | 8218 | 0 | 0 |
| MARA HOLDINGS INC | COM | 565788106 |  | 352674 | 400000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 2135251 | 39549 | SH |  | SOLE |  | 39549 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 4305280 | 78123 | SH |  | SOLE |  | 73933 | 0 | 4190 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 109350 | 9000 | SH | Call | SOLE |  | 9000 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 2492852 | 19994 | SH |  | SOLE |  | 19994 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 2223102 | 1224 | SH |  | SOLE |  | 1224 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 427168 | 400000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 27050366 | 61297 | SH |  | SOLE |  | 61297 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 5449911 | 5000000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 22858991 | 325014 | SH |  | SOLE |  | 268740 | 0 | 56274 |
| FEDEX CORP | COM | 31428X106 |  | 288884 | 1262 | SH |  | SOLE |  | 1262 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 38713638 | 513716 | SH |  | SOLE |  | 444596 | 0 | 69120 |
| NEWMONT CORP | COM | 651639106 |  | 5418616 | 94988 | SH |  | SOLE |  | 36886 | 0 | 58102 |
| ZSCALER INC | COM | 98980G102 |  | 252400 | 4000 | SH | Call | SOLE |  | 4000 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 214792184 | 748092 | SH |  | SOLE |  | 639434 | 0 | 108658 |
| SYNAPTICS INC | COM | 87157D109 |  | 475475 | 500000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| IONIS PHARMACEUTICALS INC | COM | 462222100 |  | 527382 | 500000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 2185723 | 3164 | SH |  | SOLE |  | 3164 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 1426449 | 21942 | SH |  | SOLE |  | 21942 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 1094550 | 22072 | SH |  | SOLE |  | 22072 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 2098729 | 8930 | SH |  | SOLE |  | 8930 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 1797406 | 10194 | SH |  | SOLE |  | 10194 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 35360270 | 67870 | SH |  | SOLE |  | 56237 | 0 | 11633 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 14642280 | 14863 | SH |  | SOLE |  | 14833 | 0 | 30 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 1743073 | 22842 | SH |  | SOLE |  | 22842 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 1683835 | 28662 | SH |  | SOLE |  | 28179 | 0 | 483 |
| MERIT MED SYS INC | COM | 589889104 |  | 505573 | 400000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| REPLIGEN CORP | COM | 759916109 |  | 396573 | 400000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 2283098 | 163195 | SH |  | SOLE |  | 163195 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 12893849 | 47169 | SH |  | SOLE |  | 18819 | 0 | 28350 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 5239741 | 52719 | SH |  | SOLE |  | 52719 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 38918434 | 318117 | SH |  | SOLE |  | 262958 | 0 | 55159 |
| HOME DEPOT INC | COM | 437076102 |  | 8029682 | 21776 | SH |  | SOLE |  | 21330 | 0 | 446 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2965201 | 32954 | SH |  | SOLE |  | 32954 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 8916908 | 100100 | SH |  | SOLE |  | 86912 | 0 | 13188 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 549161 | 10236 | SH |  | SOLE |  | 10236 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 7223612 | 107944 | SH |  | SOLE |  | 107944 | 0 | 0 |
| NCR ATLEOS CORPORATION | COM SHS | 63001N106 |  | 785055 | 26567 | SH |  | SOLE |  | 26567 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 5497046 | 38291 | SH |  | SOLE |  | 33274 | 0 | 5017 |
| BEST BUY INC | COM | 086516101 |  | 1384866 | 20300 | SH |  | SOLE |  | 20300 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 867335 | 16568 | SH |  | SOLE |  | 16568 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 474180 | 6000 | SH | Put | SOLE |  | 6000 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 1117709 | 7157 | SH |  | SOLE |  | 7157 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 1328815 | 3314 | SH |  | SOLE |  | 3314 | 0 | 0 |
| SHIFT4 PMTS INC | CL A | 82452J109 |  | 321789 | 300000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 1148979 | 1000000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 973666 | 4673 | SH |  | SOLE |  | 4673 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 1169637 | 3473 | SH |  | SOLE |  | 3473 | 0 | 0 |
| KENVUE INC | COM | 49177J102 |  | 1769998 | 84770 | SH |  | SOLE |  | 84770 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 178949100 | 427433 | SH |  | SOLE |  | 371962 | 0 | 55471 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 1615914 | 10068 | SH |  | SOLE |  | 10068 | 0 | 0 |
| APTARGROUP INC | COM | 038336103 |  | 941153 | 6040 | SH |  | SOLE |  | 6040 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 56451574 | 108627 | SH |  | SOLE |  | 92101 | 0 | 16526 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 1252911 | 12828 | SH |  | SOLE |  | 12828 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 2203363 | 2000000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 501907 | 3601 | SH |  | SOLE |  | 3601 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 3904704 | 145805 | SH |  | SOLE |  | 44556 | 0 | 101249 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 35125683 | 65796 | SH |  | SOLE |  | 64796 | 0 | 1000 |
| BLACKSTONE INC | COM | 09260D107 |  | 515134 | 3409 | SH |  | SOLE |  | 3409 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 1672478 | 37643 | SH |  | SOLE |  | 37643 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 3138819 | 11972 | SH |  | SOLE |  | 11972 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 711177 | 2980 | SH |  | SOLE |  | 2980 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 1425567 | 16513 | SH |  | SOLE |  | 16513 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 1201616 | 11336 | SH |  | SOLE |  | 11336 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 3076679 | 41780 | SH |  | SOLE |  | 41780 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 14557345 | 31386 | SH |  | SOLE |  | 19524 | 0 | 11862 |
| TETRA TECH INC NEW | COM | 88162G103 |  | 845203 | 750000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 5004594 | 71129 | SH |  | SOLE |  | 54986 | 0 | 16143 |
| FERRARI N V | COM | N3167Y103 |  | 30988482 | 73800 | SH |  | SOLE |  | 70963 | 0 | 2837 |
| ECOLAB INC | COM | 278865100 |  | 8399000 | 31404 | SH |  | SOLE |  | 25303 | 0 | 6101 |
| ILLUMINA INC | COM | 452327109 |  | 1132172 | 11944 | SH |  | SOLE |  | 3749 | 0 | 8195 |
| DR REDDYS LABS LTD | ADR | 256135203 |  | 821420 | 54507 | SH |  | SOLE |  | 0 | 0 | 54507 |
| SUZANO S A | SPON ADS | 86959K105 |  | 280953 | 30210 | SH |  | SOLE |  | 0 | 0 | 30210 |
| STRYKER CORPORATION | COM | 863667101 |  | 2201125 | 5593 | SH |  | SOLE |  | 5593 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 15080852 | 52893 | SH |  | SOLE |  | 10794 | 0 | 42099 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 638130 | 11950 | SH |  | SOLE |  | 11950 | 0 | 0 |
| FOMENTO ECONOMICO MEXICANO S | SPON ADR UNITS | 344419106 |  | 444676 | 4360 | SH |  | SOLE |  | 0 | 0 | 4360 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 1155951 | 14522 | SH |  | SOLE |  | 14522 | 0 | 0 |
| WORKIVA INC | COM CL A | 98139A105 |  | 463879 | 500000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 655176 | 24761 | SH |  | SOLE |  | 24761 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 1013276 | 3071 | SH |  | SOLE |  | 3071 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 1664046 | 7667 | SH |  | SOLE |  | 7667 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 2909944 | 9980 | SH |  | SOLE |  | 9537 | 0 | 443 |
| FOUR CORNERS PPTY TR INC | COM | 35086T109 |  | 214795 | 7926 | SH |  | SOLE |  | 7926 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 1916385 | 23830 | SH |  | SOLE |  | 12788 | 0 | 11042 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 1964925 | 9312 | SH |  | SOLE |  | 6486 | 0 | 2826 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 665418 | 9880 | SH |  | SOLE |  | 9880 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 1162959 | 4808 | SH |  | SOLE |  | 4808 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 920121 | 5514 | SH |  | SOLE |  | 5514 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 4928657 | 72088 | SH |  | SOLE |  | 59081 | 0 | 13007 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 493616 | 603 | SH |  | SOLE |  | 603 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 32353792 | 1572863 | SH |  | SOLE |  | 1248514 | 0 | 324349 |
| ELI LILLY  CO | COM | 532457108 |  | 81135559 | 104618 | SH |  | SOLE |  | 88932 | 0 | 15686 |
| FERROVIAL SE | ORD SHS | N3168P101 |  | 540379 | 11921 | SH |  | SOLE |  | 0 | 0 | 11921 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 148750 | 25000 | SH | Call | SOLE |  | 25000 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 3944907 | 37350 | SH |  | SOLE |  | 14224 | 0 | 23126 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 1184376 | 37659 | SH |  | SOLE |  | 14736 | 0 | 22923 |
| KB FINL GROUP INC | SPONSORED ADR | 48241A105 |  | 1587652 | 19478 | SH |  | SOLE |  | 0 | 0 | 19478 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 463794 | 500000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 2066245 | 17343 | SH |  | SOLE |  | 17343 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 234367 | 1344 | SH |  | SOLE |  | 1344 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 7951248 | 34360 | SH |  | SOLE |  | 17302 | 0 | 17058 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 919764 | 600000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| ITAU UNIBANCO HLDG S A | SPON ADR REP PFD | 465562106 |  | 873549 | 131956 | SH |  | SOLE |  | 0 | 0 | 131956 |
| GE AEROSPACE | COM NEW | 369604301 |  | 2842775 | 11161 | SH |  | SOLE |  | 10401 | 0 | 760 |
| INTUIT | COM | 461202103 |  | 1406368 | 1811 | SH |  | SOLE |  | 1811 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 550106 | 525 | SH |  | SOLE |  | 525 | 0 | 0 |
| AFFIRM HLDGS INC | COM CL A | 00827B106 |  | 262322 | 250000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 16151169 | 15797 | SH |  | SOLE |  | 10611 | 0 | 5186 |
| B2GOLD CORP | COM | 11777Q209 |  | 668206 | 500000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 8636454 | 43462 | SH |  | SOLE |  | 40453 | 0 | 3009 |
| JUNIPER NETWORKS INC | COM | 48203R104 |  | 2174884 | 59068 | SH |  | SOLE |  | 59068 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 377237965 | 2391346 | SH |  | SOLE |  | 2080453 | 0 | 310893 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 46673125 | 658388 | SH |  | SOLE |  | 557909 | 0 | 100479 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 1847235 | 16238 | SH |  | SOLE |  | 16238 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 1548655 | 1000000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| PTC INC | COM | 69370C100 |  | 399717 | 2361 | SH |  | SOLE |  | 2361 | 0 | 0 |
| ASCENDIS PHARMA A/S | SPONSORED ADR | 04351P101 |  | 505755 | 400000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 358612 | 17579 | SH |  | SOLE |  | 17579 | 0 | 0 |
| TELADOC HEALTH INC | COM | 87918A105 |  | 553765 | 600000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| NICE LTD | SPONSORED ADR | 653656108 |  | 1971280 | 2000000 | PRN |  | SOLE |  | 0 | 0 | 0 |

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