# EDGAR Filing Document

**Accession Number:** 0001535452
**File Stem:** 0001535452-26-000002
**Filing Date:** 2026-2
**Character Count:** 46886
**Document Hash:** 0e89bf23757b55692353ba2f94161b53
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001535452-26-000002.hdr.sgml**: 20260212

**ACCESSION NUMBER**: 0001535452-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260212

**DATE AS OF CHANGE**: 20260212

**EFFECTIVENESS DATE**: 20260212

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Andra AP-fonden
- **CENTRAL INDEX KEY:** 0001535452

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** V7
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14676
- **FILM NUMBER:** 26623571

**BUSINESS ADDRESS:**
- **STREET 1:** KYRKOGATAN 48
- **STREET 2:** P.O. BOX 11155
- **CITY:** GOTEBORG
- **STATE:** V7
- **ZIP:** SE-40424
- **BUSINESS PHONE:** 46-31-704-29-00

**MAIL ADDRESS:**
- **STREET 1:** KYRKOGATAN 48
- **STREET 2:** P.O. BOX 11155
- **CITY:** GOTEBORG
- **STATE:** V7
- **ZIP:** SE-40424

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Andra AP-fonden<br>**Address:** KYRKOGATAN 48<br>P.O. BOX 11155<br>GOTEBORG, V7 SE-40424

**Form 13F File Number:** 028-14676

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:** Elisabeth Kvist Paulsson<br>**Title:** Head of Compliance<br>**Phone:** 0046317042960

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

Elisabeth Kvist Paulsson  Gothenburg, V7  02-12-2026<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:** 402

**Form 13F Information Table Value Total:** $8094306669

      (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 |
| OPEN TEXT CORP | COM | 683715106 | CA6837151068 | 250320 | 5600 | SH |  | SOLE |  | 5600 | 0 | 0 |
| CARVANA CO | CL A | 146869102 | US1468691027 | 303854 | 720 | SH |  | SOLE |  | 720 | 0 | 0 |
| PPG INDS INC | COM | 693506107 | US6935061076 | 384737 | 3755 | SH |  | SOLE |  | 3755 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 | US8581191009 | 395157 | 2332 | SH |  | SOLE |  | 2332 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 | US84265V1052 | 409463 | 2854 | SH |  | SOLE |  | 2854 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 | US09062X1037 | 439975 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 | US78467J1007 | 463326 | 5300 | SH |  | SOLE |  | 5300 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 | US1152361010 | 470947 | 5909 | SH |  | SOLE |  | 5909 | 0 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 | US83406F1021 | 492184 | 18800 | SH |  | SOLE |  | 18800 | 0 | 0 |
| BROOKFIELD RENEWABLE CORP | CL A | 11285B108 | CA11285B1085 | 585310 | 11117 | SH |  | SOLE |  | 11117 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 | US42824C1099 | 612774 | 25511 | SH |  | SOLE |  | 25511 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 | US5738741041 | 728449 | 8572 | SH |  | SOLE |  | 8572 | 0 | 0 |
| JABIL INC | COM | 466313103 | US4663131039 | 740381 | 3247 | SH |  | SOLE |  | 3247 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 | US49338L1035 | 780656 | 3842 | SH |  | SOLE |  | 3842 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 | US0304201033 | 781042 | 5985 | SH |  | SOLE |  | 5985 | 0 | 0 |
| NIKE INC | CL B | 654106103 | US6541061031 | 815488 | 12800 | SH |  | SOLE |  | 12800 | 0 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 | US9022521051 | 865683 | 1907 | SH |  | SOLE |  | 1907 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 | US29472R1086 | 975821 | 16100 | SH |  | SOLE |  | 16100 | 0 | 0 |
| PTC INC | COM | 69370C100 | US69370C1009 | 1010418 | 5800 | SH |  | SOLE |  | 5800 | 0 | 0 |
| NORDSON CORP | COM | 655663102 | US6556631025 | 1057892 | 4400 | SH |  | SOLE |  | 4400 | 0 | 0 |
| PPL CORP | COM | 69351T106 | US69351T1060 | 1058655 | 30230 | SH |  | SOLE |  | 30230 | 0 | 0 |
| AMEREN CORP | COM | 023608102 | US0236081024 | 1075592 | 10771 | SH |  | SOLE |  | 10771 | 0 | 0 |
| ALAMOS GOLD INC NEW | COM | 011532108 | CA0115321089 | 1173420 | 22140 | SH |  | SOLE |  | 22140 | 0 | 0 |
| COMPANIA DE MINAS BUENAVENTU | SPONSORED ADR | 204448104 | US2044481040 | 1196690 | 43000 | SH |  | SOLE |  | 43000 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 | US2538681030 | 1211689 | 7832 | SH |  | SOLE |  | 7832 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 | US98389B1008 | 1308947 | 17722 | SH |  | SOLE |  | 17722 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 | US25746U1097 | 1399832 | 23892 | SH |  | SOLE |  | 23892 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 | US7766961061 | 1438660 | 3232 | SH |  | SOLE |  | 3232 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 | US7043261079 | 1453965 | 12961 | SH |  | SOLE |  | 12961 | 0 | 0 |
| COREWEAVE INC | COM | 21873S108 | US21873S1087 | 1489488 | 20800 | SH |  | SOLE |  | 20800 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 | US8962391004 | 1519990 | 19400 | SH |  | SOLE |  | 19400 | 0 | 0 |
| THE TRADE DESK INC | COM | 88339J105 | US88339J1051 | 1541366 | 40605 | SH |  | SOLE |  | 40605 | 0 | 0 |
| OKTA INC | CL A | 679295105 | US6792951054 | 1568566 | 18140 | SH |  | SOLE |  | 18140 | 0 | 0 |
| EVERGY INC | COM | 30034W106 | US30034W1062 | 1649220 | 22751 | SH |  | SOLE |  | 22751 | 0 | 0 |
| DEUTSCHE BANK A G | NAMEN AKT | D18190898 | DE0005140008 | 1763703 | 53268 | SH |  | SOLE |  | 53268 | 0 | 0 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 | US02665T3068 | 1774905 | 55293 | SH |  | SOLE |  | 55293 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 | US9553061055 | 1837935 | 6680 | SH |  | SOLE |  | 6680 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 | US29444U7000 | 1928425 | 2517 | SH |  | SOLE |  | 2517 | 0 | 0 |
| AMETEK INC | COM | 031100100 | US0311001004 | 1950445 | 9500 | SH |  | SOLE |  | 9500 | 0 | 0 |
| LENNOX INTL INC | COM | 526107107 | US5261071071 | 1965142 | 4047 | SH |  | SOLE |  | 4047 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 | US1696561059 | 1972100 | 53300 | SH |  | SOLE |  | 53300 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 | US1252691001 | 1996223 | 25811 | SH |  | SOLE |  | 25811 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 | US1273871087 | 2017391 | 6454 | SH |  | SOLE |  | 6454 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 | US23331A1097 | 2088435 | 14500 | SH |  | SOLE |  | 14500 | 0 | 0 |
| DICKS SPORTING GOODS INC | COM | 253393102 | US2533931026 | 2090761 | 10561 | SH |  | SOLE |  | 10561 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 | CA13321L1085 | 2159182 | 17180 | SH |  | SOLE |  | 17180 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | US8835561023 | 2215817 | 3824 | SH |  | SOLE |  | 3824 | 0 | 0 |
| CORNING INC | COM | 219350105 | US2193501051 | 2244863 | 25638 | SH |  | SOLE |  | 25638 | 0 | 0 |
| HUBBELL INC | COM | 443510607 | US4435106079 | 2264961 | 5100 | SH |  | SOLE |  | 5100 | 0 | 0 |
| MARKEL GROUP INC | COM | 570535104 | US5705351048 | 2287228 | 1064 | SH |  | SOLE |  | 1064 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 | US14149Y1082 | 2322150 | 11300 | SH |  | SOLE |  | 11300 | 0 | 0 |
| FORTIS INC | COM | 349553107 | CA3495531079 | 2330189 | 32654 | SH |  | SOLE |  | 32654 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 | US2358511028 | 2343454 | 10237 | SH |  | SOLE |  | 10237 | 0 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 | US1720621010 | 2351808 | 14400 | SH |  | SOLE |  | 14400 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 | CH0244767585 | 2408461 | 65164 | SH |  | SOLE |  | 65164 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 | US5801351017 | 2432815 | 7960 | SH |  | SOLE |  | 7960 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 | US48251W1045 | 2434868 | 19100 | SH |  | SOLE |  | 19100 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 | IE00BK9ZQ967 | 2529800 | 6500 | SH |  | SOLE |  | 6500 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 | US8425871071 | 2549728 | 29240 | SH |  | SOLE |  | 29240 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 | US28176E1082 | 2557500 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 | US09260D1072 | 2589552 | 16800 | SH |  | SOLE |  | 16800 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 | US2566771059 | 2593396 | 19533 | SH |  | SOLE |  | 19533 | 0 | 0 |
| UDR INC | COM | 902653104 | US9026531049 | 2622620 | 71500 | SH |  | SOLE |  | 71500 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 | US92840M1027 | 2649361 | 16422 | SH |  | SOLE |  | 16422 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 | US8936411003 | 2675658 | 2012 | SH |  | SOLE |  | 2012 | 0 | 0 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 | US31946M1036 | 2682725 | 1250 | SH |  | SOLE |  | 1250 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 | US22822V1017 | 2693205 | 30305 | SH |  | SOLE |  | 30305 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | US43300A2033 | 2717960 | 9462 | SH |  | SOLE |  | 9462 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 | US3032501047 | 2772617 | 1640 | SH |  | SOLE |  | 1640 | 0 | 0 |
| TRAVELERS | COM | 89417E109 | US89417E1091 | 2772974 | 9560 | SH |  | SOLE |  | 9560 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | US9078181081 | 2798509 | 12098 | SH |  | SOLE |  | 12098 | 0 | 0 |
| CGI INC | CL A | 12532H104 | CA12532H1047 | 2890584 | 22800 | SH |  | SOLE |  | 22800 | 0 | 0 |
| FERROVIAL SE ORD | SHS | N3168P101 | NL0015001FS8 | 2896717 | 52344 | SH |  | SOLE |  | 52344 | 0 | 0 |
| COPART INC | COM | 217204106 | US2172041061 | 2916675 | 74500 | SH |  | SOLE |  | 74500 | 0 | 0 |
| MOODYS CORP | COM | 615369105 | US6153691059 | 2962930 | 5800 | SH |  | SOLE |  | 5800 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 | US8716071076 | 3012784 | 6414 | SH |  | SOLE |  | 6414 | 0 | 0 |
| KIMCO RLTY CORP | COM | 49446R109 | US49446R1095 | 3164147 | 156100 | SH |  | SOLE |  | 156100 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 | US31620M1062 | 3192340 | 48034 | SH |  | SOLE |  | 48034 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 | US3379321074 | 3215068 | 71813 | SH |  | SOLE |  | 71813 | 0 | 0 |
| KEYCORP | COM | 493267108 | US4932671088 | 3246672 | 157300 | SH |  | SOLE |  | 157300 | 0 | 0 |
| SNAP ON INC | COM | 833034101 | US8330341012 | 3248200 | 9426 | SH |  | SOLE |  | 9426 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 | US2435371073 | 3286339 | 31700 | SH |  | SOLE |  | 31700 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 | US9113631090 | 3334398 | 4120 | SH |  | SOLE |  | 4120 | 0 | 0 |
| HERSHEY CO | COM | 427866108 | US4278661081 | 3385010 | 18601 | SH |  | SOLE |  | 18601 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 | US8923561067 | 3395679 | 67900 | SH |  | SOLE |  | 67900 | 0 | 0 |
| PAN AMERN SILVER CORP | COM | 697900108 | CA6979001089 | 3407283 | 47882 | SH |  | SOLE |  | 47882 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 | US98954M2008 | 3408067 | 49957 | SH |  | SOLE |  | 49957 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 | CA3759161035 | 3440179 | 40100 | SH |  | SOLE |  | 40100 | 0 | 0 |
| COREBRIDGE FINL INC | COM | 21871X109 | US21871X1090 | 3451448 | 114400 | SH |  | SOLE |  | 114400 | 0 | 0 |
| C H ROBINSON WORLDWIDE INC | COM | 12541W209 | US12541W2098 | 3462931 | 21541 | SH |  | SOLE |  | 21541 | 0 | 0 |
| MORGAN STANLEY | COM | 617446448 | US6174464486 | 3479055 | 19597 | SH |  | SOLE |  | 19597 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 | US58733R1023 | 3545098 | 1760 | SH |  | SOLE |  | 1760 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 | US98980G1022 | 3568131 | 15864 | SH |  | SOLE |  | 15864 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 | CA67077M1086 | 3576963 | 42221 | SH |  | SOLE |  | 42221 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM | 45841N107 | US45841N1072 | 3608048 | 56104 | SH |  | SOLE |  | 56104 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 | US0995021062 | 3686532 | 43700 | SH |  | SOLE |  | 43700 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 | US92936U1097 | 3732880 | 58000 | SH |  | SOLE |  | 58000 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 | CA7800871021 | 3767941 | 16103 | SH |  | SOLE |  | 16103 | 0 | 0 |
| AE | COM | 00766T100 | US00766T1007 | 3775068 | 39600 | SH |  | SOLE |  | 39600 | 0 | 0 |
| RESMED INC | COM | 761152107 | US7611521078 | 3777323 | 15682 | SH |  | SOLE |  | 15682 | 0 | 0 |
| ROCKET LAB CORP | COM | 773121108 | US7731211089 | 3814128 | 54675 | SH |  | SOLE |  | 54675 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 | US9892071054 | 3860838 | 15900 | SH |  | SOLE |  | 15900 | 0 | 0 |
| MSCI INC | COM | 55354G100 | US55354G1004 | 3889889 | 6780 | SH |  | SOLE |  | 6780 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 | US30040W1080 | 4069695 | 60444 | SH |  | SOLE |  | 60444 | 0 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 | US30225T1025 | 4167040 | 32000 | SH |  | SOLE |  | 32000 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 | US4432011082 | 4182408 | 20400 | SH |  | SOLE |  | 20400 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 | CH0044328745 | 4325983 | 13860 | SH |  | SOLE |  | 13860 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS | N97284108 | NL0009805522 | 4345461 | 51914 | SH |  | SOLE |  | 51914 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 | US5184391044 | 4398240 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| SOLVENTUM CORP | COM | 83444M101 | US83444M1018 | 4414857 | 55715 | SH |  | SOLE |  | 55715 | 0 | 0 |
| GRAB HOLDINGS LIMITED CLASS A | ORD | G4124C109 | KYG4124C1096 | 4480521 | 897900 | SH |  | SOLE |  | 897900 | 0 | 0 |
| SEA LTD SPONS | ORD | 81141R100 | US81141R1005 | 4515978 | 35400 | SH |  | SOLE |  | 35400 | 0 | 0 |
| APTIV PLC | COM | G3265R107 | JE00BTDN8H13 | 4520050 | 59404 | SH |  | SOLE |  | 59404 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 | US2567461080 | 4633664 | 37669 | SH |  | SOLE |  | 37669 | 0 | 0 |
| PAY | COM | 70432V102 | US70432V1026 | 4714347 | 29583 | SH |  | SOLE |  | 29583 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 | US9884981013 | 4780448 | 31600 | SH |  | SOLE |  | 31600 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 | US6098391054 | 4803708 | 5300 | SH |  | SOLE |  | 5300 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 | US4461501045 | 4889230 | 281800 | SH |  | SOLE |  | 281800 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 | US24703L2025 | 4900886 | 38933 | SH |  | SOLE |  | 38933 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 | US6558441084 | 4977533 | 17240 | SH |  | SOLE |  | 17240 | 0 | 0 |
| FORD MTR CO | COM | 345370860 | US3453708600 | 5000754 | 381155 | SH |  | SOLE |  | 381155 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 | US3167731005 | 5139738 | 109800 | SH |  | SOLE |  | 109800 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 | US8725901040 | 5157216 | 25400 | SH |  | SOLE |  | 25400 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 | US0200021014 | 5162328 | 24801 | SH |  | SOLE |  | 24801 | 0 | 0 |
| AFFIRM HLDGS INC | COM | 00827B106 | US00827B1061 | 5358960 | 72000 | SH |  | SOLE |  | 72000 | 0 | 0 |
| DATADOG INC CL A | COM | 23804L103 | US23804L1035 | 5407234 | 39762 | SH |  | SOLE |  | 39762 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | US8288061091 | 5460745 | 29500 | SH |  | SOLE |  | 29500 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 | US6934751057 | 5510472 | 26400 | SH |  | SOLE |  | 26400 | 0 | 0 |
| STONECO LTD | COM | G85158106 | KYG851581069 | 5534418 | 374200 | SH |  | SOLE |  | 374200 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 | US8793601050 | 5669103 | 11100 | SH |  | SOLE |  | 11100 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 | NL0000687663 | 5692896 | 39600 | SH |  | SOLE |  | 39600 | 0 | 0 |
| ROLLINS INC | COM | 775711104 | US7757111049 | 5797932 | 96600 | SH |  | SOLE |  | 96600 | 0 | 0 |
| PURE STORAGE INC | CL A | 74624M102 | US74624M1027 | 5848432 | 87277 | SH |  | SOLE |  | 87277 | 0 | 0 |
| ASTERA LABS INC | COM | 04626A103 | US04626A1034 | 5856704 | 35205 | SH |  | SOLE |  | 35205 | 0 | 0 |
| FOX CORP CL A | COM | 35137L105 | US35137L1052 | 5858606 | 80178 | SH |  | SOLE |  | 80178 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 | IE00BY7QL619 | 6018994 | 50263 | SH |  | SOLE |  | 50263 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 | US7591EP1005 | 6079533 | 224337 | SH |  | SOLE |  | 224337 | 0 | 0 |
| CUMMINS INC | COM | 231021106 | US2310211063 | 6084564 | 11920 | SH |  | SOLE |  | 11920 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 | US1423391002 | 6134915 | 19180 | SH |  | SOLE |  | 19180 | 0 | 0 |
| BLOCK INC | CL A | 852234103 | US8522341036 | 6203077 | 95300 | SH |  | SOLE |  | 95300 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 | US3364331070 | 6263773 | 23978 | SH |  | SOLE |  | 23978 | 0 | 0 |
| INSMED INC | COM | 457669307 | US4576693075 | 6317652 | 36300 | SH |  | SOLE |  | 36300 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 | US1746101054 | 6384213 | 109300 | SH |  | SOLE |  | 109300 | 0 | 0 |
| SUN CMNTYS INC | COM | 866674104 | US8666741041 | 6406147 | 51700 | SH |  | SOLE |  | 51700 | 0 | 0 |
| NATERA INC | COM | 632307104 | US6323071042 | 6460338 | 28200 | SH |  | SOLE |  | 28200 | 0 | 0 |
| DEERE  CO | COM | 244199105 | US2441991054 | 6508669 | 13980 | SH |  | SOLE |  | 13980 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 | US46266C1053 | 6514349 | 28900 | SH |  | SOLE |  | 28900 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 | US2910111044 | 6556368 | 49400 | SH |  | SOLE |  | 49400 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | US1011371077 | 6628923 | 69522 | SH |  | SOLE |  | 69522 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 | US74340W1036 | 6768406 | 53019 | SH |  | SOLE |  | 53019 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 | US6951561090 | 6784967 | 32900 | SH |  | SOLE |  | 32900 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 | US92345Y1064 | 6862809 | 30680 | SH |  | SOLE |  | 30680 | 0 | 0 |
| TARGET CORP | COM | 87612E106 | US87612E1064 | 6881600 | 70400 | SH |  | SOLE |  | 70400 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 | US46187W1071 | 6883583 | 247700 | SH |  | SOLE |  | 247700 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 | US42250P1030 | 6901536 | 429200 | SH |  | SOLE |  | 429200 | 0 | 0 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 | CA33767E2024 | 6958470 | 32600 | SH |  | SOLE |  | 32600 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 | US36828A1016 | 6986010 | 10689 | SH |  | SOLE |  | 10689 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | US91324P1021 | 6995691 | 21192 | SH |  | SOLE |  | 21192 | 0 | 0 |
| INTEL CORP | COM | 458140100 | US4581401001 | 7019672 | 190235 | SH |  | SOLE |  | 190235 | 0 | 0 |
| GRACO INC | COM | 384109104 | US3841091040 | 7142128 | 87131 | SH |  | SOLE |  | 87131 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 | US65249B1098 | 7235240 | 277000 | SH |  | SOLE |  | 277000 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 | US1999081045 | 7279662 | 7800 | SH |  | SOLE |  | 7800 | 0 | 0 |
| HENRY JACK  ASSOC INC | COM | 426281101 | US4262811015 | 7463432 | 40900 | SH |  | SOLE |  | 40900 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 | NL0011585146 | 7501561 | 23538 | SH |  | SOLE |  | 23538 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 | IE00B8KQN827 | 7523843 | 23622 | SH |  | SOLE |  | 23622 | 0 | 0 |
| CSX CORP | COM | 126408103 | US1264081035 | 7590750 | 209400 | SH |  | SOLE |  | 209400 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 | US74144T1088 | 7606834 | 74300 | SH |  | SOLE |  | 74300 | 0 | 0 |
| GAMING  LEISURE PPTYS INC | COM | 36467J108 | US36467J1088 | 7820750 | 175000 | SH |  | SOLE |  | 175000 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM | 934423104 | US9344231041 | 8063836 | 279800 | SH |  | SOLE |  | 279800 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 | US22788C1053 | 8133924 | 17352 | SH |  | SOLE |  | 17352 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 | US78409V1044 | 8154494 | 15604 | SH |  | SOLE |  | 15604 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 | US2091151041 | 8581248 | 86400 | SH |  | SOLE |  | 86400 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 | US61174X1090 | 8625375 | 112500 | SH |  | SOLE |  | 112500 | 0 | 0 |
| LABCORP HOLDINGS INC | COM | 504922105 | US5049221055 | 8650342 | 34480 | SH |  | SOLE |  | 34480 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 | US7458671010 | 8841404 | 75400 | SH |  | SOLE |  | 75400 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 | US0255371017 | 8924994 | 77400 | SH |  | SOLE |  | 77400 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 | US9139031002 | 9113236 | 41800 | SH |  | SOLE |  | 41800 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 | US7445731067 | 9242530 | 115100 | SH |  | SOLE |  | 115100 | 0 | 0 |
| CREDICORP LTD | COM | G2519Y108 | BMG2519Y1084 | 9413600 | 32800 | SH |  | SOLE |  | 32800 | 0 | 0 |
| CLOUDFLARE INC CL A | COM | 18915M107 | US18915M1071 | 9449597 | 47931 | SH |  | SOLE |  | 47931 | 0 | 0 |
| CORPAY INC | COM | 219948106 | US2199481068 | 9521425 | 31640 | SH |  | SOLE |  | 31640 | 0 | 0 |
| ROCKET COS INC | COM | 77311W101 | US77311W1018 | 9539156 | 492725 | SH |  | SOLE |  | 492725 | 0 | 0 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 | US64125C1099 | 9630257 | 67900 | SH |  | SOLE |  | 67900 | 0 | 0 |
| FISERV INC | COM | 337738108 | US3377381088 | 9631842 | 143395 | SH |  | SOLE |  | 143395 | 0 | 0 |
| STERIS PLC | SHS | G8473T100 | IE00BFY8C754 | 9659112 | 38100 | SH |  | SOLE |  | 38100 | 0 | 0 |
| NUTANIX INC | CL A | 67059N108 | US67059N1081 | 9683294 | 187334 | SH |  | SOLE |  | 187334 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 | US4165151048 | 9797580 | 71100 | SH |  | SOLE |  | 71100 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 | LR0008862868 | 9815195 | 35190 | SH |  | SOLE |  | 35190 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 | US65339F1012 | 9830607 | 122454 | SH |  | SOLE |  | 122454 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 | US3635761097 | 9885778 | 38200 | SH |  | SOLE |  | 38200 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 | US90138F1021 | 10013696 | 70400 | SH |  | SOLE |  | 70400 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 | US5717481023 | 10038487 | 54110 | SH |  | SOLE |  | 54110 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 | US5178341070 | 10095459 | 155100 | SH |  | SOLE |  | 155100 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | US29476L1070 | 10117920 | 160500 | SH |  | SOLE |  | 160500 | 0 | 0 |
| RPM INTL INC | COM | 749685103 | US7496851038 | 10192000 | 98000 | SH |  | SOLE |  | 98000 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 | US1941621039 | 10224003 | 129385 | SH |  | SOLE |  | 129385 | 0 | 0 |
| VENTAS INC | COM | 92276F100 | US92276F1003 | 10299278 | 133100 | SH |  | SOLE |  | 133100 | 0 | 0 |
| BLOOM ENERGY CORP | COM | 093712107 | US0937121079 | 10348599 | 119100 | SH |  | SOLE |  | 119100 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 | US67103H1077 | 10407061 | 114100 | SH |  | SOLE |  | 114100 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | US45866F1049 | 10414028 | 64300 | SH |  | SOLE |  | 64300 | 0 | 0 |
| SNOWFLAKE INC | COM | 833445109 | US8334451098 | 10528183 | 47995 | SH |  | SOLE |  | 47995 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 | US0536111091 | 10603604 | 58300 | SH |  | SOLE |  | 58300 | 0 | 0 |
| STANTEC INC | COM | 85472N109 | CA85472N1096 | 10672448 | 82400 | SH |  | SOLE |  | 82400 | 0 | 0 |
| REGENCY CTRS CORP | COM | 758849103 | US7588491032 | 10720359 | 155300 | SH |  | SOLE |  | 155300 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | US0530151036 | 10865395 | 42240 | SH |  | SOLE |  | 42240 | 0 | 0 |
| CENCORA INC | COM | 03073E105 | US03073E1055 | 10943100 | 32400 | SH |  | SOLE |  | 32400 | 0 | 0 |
| VERTIV HOLDINGS CO | COM | 92537N108 | US92537N1081 | 10944100 | 67552 | SH |  | SOLE |  | 67552 | 0 | 0 |
| RELIANCE INC | COM | 759509102 | US7595091023 | 11023279 | 38160 | SH |  | SOLE |  | 38160 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | US7427181091 | 11100649 | 77459 | SH |  | SOLE |  | 77459 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 | US74460D1090 | 11241540 | 43320 | SH |  | SOLE |  | 43320 | 0 | 0 |
| WATERS CORP | COM | 941848103 | US9418481035 | 11242968 | 29600 | SH |  | SOLE |  | 29600 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 | US60937P1066 | 11282946 | 26884 | SH |  | SOLE |  | 26884 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 | US6092071058 | 11315066 | 210200 | SH |  | SOLE |  | 210200 | 0 | 0 |
| NVR INC | COM | 62944T105 | US62944T1051 | 11376721 | 1560 | SH |  | SOLE |  | 1560 | 0 | 0 |
| HUBSPOT INC | COM | 443573100 | US4435731009 | 11594360 | 28892 | SH |  | SOLE |  | 28892 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | US7134481081 | 11756728 | 81917 | SH |  | SOLE |  | 81917 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM | 46120E602 | US46120E6023 | 11826730 | 20882 | SH |  | SOLE |  | 20882 | 0 | 0 |
| AIRBNB INC | COM | 009066101 | US0090661010 | 11902644 | 87700 | SH |  | SOLE |  | 87700 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 | US31428X1063 | 11929918 | 41300 | SH |  | SOLE |  | 41300 | 0 | 0 |
| BURLINGTON STORES INC | COM | 122017106 | US1220171060 | 12068153 | 41780 | SH |  | SOLE |  | 41780 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 | US7710491033 | 12245254 | 151120 | SH |  | SOLE |  | 151120 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 | US0844231029 | 12376180 | 176500 | SH |  | SOLE |  | 176500 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 | CA9628791027 | 12569944 | 77900 | SH |  | SOLE |  | 77900 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 | US55261F1049 | 12773832 | 63400 | SH |  | SOLE |  | 63400 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 | CA3518581051 | 12774499 | 44900 | SH |  | SOLE |  | 44900 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 | US0326541051 | 12954139 | 47766 | SH |  | SOLE |  | 47766 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 | US05464C1018 | 13003893 | 22897 | SH |  | SOLE |  | 22897 | 0 | 0 |
| NASDAQ INC | COM | 631103108 | US6311031081 | 13034846 | 134200 | SH |  | SOLE |  | 134200 | 0 | 0 |
| CINTAS CORP | COM | 172908105 | US1729081059 | 13151923 | 69931 | SH |  | SOLE |  | 69931 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 | US7010941042 | 13251201 | 15076 | SH |  | SOLE |  | 15076 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | US22160K1051 | 14038895 | 16280 | SH |  | SOLE |  | 16280 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 | US3021301094 | 14066544 | 94400 | SH |  | SOLE |  | 94400 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 | US0533321024 | 14142555 | 4170 | SH |  | SOLE |  | 4170 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 | US0494681010 | 14164713 | 87361 | SH |  | SOLE |  | 87361 | 0 | 0 |
| EDISON INTL | COM | 281020107 | US2810201077 | 14248748 | 237400 | SH |  | SOLE |  | 237400 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 | US68902V1070 | 14310900 | 163834 | SH |  | SOLE |  | 163834 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 | US11133T1034 | 14349831 | 64300 | SH |  | SOLE |  | 64300 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 | US91307C1027 | 14422600 | 29600 | SH |  | SOLE |  | 29600 | 0 | 0 |
| PG CORP | COM | 69331C108 | US69331C1080 | 14463000 | 900000 | SH |  | SOLE |  | 900000 | 0 | 0 |
| CDW CORP | COM | 12514G108 | US12514G1085 | 14464440 | 106200 | SH |  | SOLE |  | 106200 | 0 | 0 |
| DEX | COM | 252131107 | US2521311074 | 14973072 | 225600 | SH |  | SOLE |  | 225600 | 0 | 0 |
| DYNATRACE INC | COM | 268150109 | US2681501092 | 15145250 | 349452 | SH |  | SOLE |  | 349452 | 0 | 0 |
| SHOPIFY INC | CL A | 82509L107 | CA82509L1076 | 15337400 | 69400 | SH |  | SOLE |  | 69400 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 | US7433151039 | 15348328 | 67400 | SH |  | SOLE |  | 67400 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 | US00846U1016 | 15362303 | 112900 | SH |  | SOLE |  | 112900 | 0 | 0 |
| REDDIT INC | CL A | 75734B100 | US75734B1008 | 15660583 | 68128 | SH |  | SOLE |  | 68128 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 | US1255231003 | 15770679 | 57300 | SH |  | SOLE |  | 57300 | 0 | 0 |
| OMNI | COM | 681919106 | US6819191064 | 15798495 | 195647 | SH |  | SOLE |  | 195647 | 0 | 0 |
| ESSEX PPTY TR INC | COM | 297178105 | US2971781057 | 15863042 | 60620 | SH |  | SOLE |  | 60620 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 | US2371941053 | 16243629 | 88271 | SH |  | SOLE |  | 88271 | 0 | 0 |
| TRADEWEB MKTS INC | CL A | 892672106 | US8926721064 | 16249294 | 151100 | SH |  | SOLE |  | 151100 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 | US92532F1003 | 16293758 | 35940 | SH |  | SOLE |  | 35940 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COM | 31488V107 | US31488V1070 | 16318779 | 73300 | SH |  | SOLE |  | 73300 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 | US4943681035 | 16354269 | 162100 | SH |  | SOLE |  | 162100 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 | US9113121068 | 16453935 | 165883 | SH |  | SOLE |  | 165883 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 | US0320951017 | 16505324 | 122135 | SH |  | SOLE |  | 122135 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 | LU1778762911 | 16561849 | 28520 | SH |  | SOLE |  | 28520 | 0 | 0 |
| LOGITECH INTL S A | SHS | H50430232 | CH0025751329 | 16640112 | 204073 | SH |  | SOLE |  | 204073 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 | US46284V1017 | 16697835 | 201300 | SH |  | SOLE |  | 201300 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 | US59522J1034 | 16808110 | 121000 | SH |  | SOLE |  | 121000 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 | US25754A2015 | 16814519 | 40340 | SH |  | SOLE |  | 40340 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 | US98138H1014 | 16875265 | 78570 | SH |  | SOLE |  | 78570 | 0 | 0 |
| MASCO CORP | COM | 574599106 | US5745991068 | 17115162 | 269700 | SH |  | SOLE |  | 269700 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 | US9256521090 | 17158824 | 610200 | SH |  | SOLE |  | 610200 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 | US8760301072 | 17248950 | 135000 | SH |  | SOLE |  | 135000 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 | US8636671013 | 17559441 | 49960 | SH |  | SOLE |  | 49960 | 0 | 0 |
| GE AEROSPACE | COM | 369604301 | US3696043013 | 17673837 | 57377 | SH |  | SOLE |  | 57377 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 | US7607591002 | 17780927 | 83900 | SH |  | SOLE |  | 83900 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | US0605051046 | 17831935 | 324217 | SH |  | SOLE |  | 324217 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 | US58155Q1031 | 17915134 | 21840 | SH |  | SOLE |  | 21840 | 0 | 0 |
| US BANCORP DEL | COM | 902973304 | US9029733048 | 18019672 | 337700 | SH |  | SOLE |  | 337700 | 0 | 0 |
| VERALTO CORP | COM | 92338C103 | US92338C1036 | 18459300 | 185000 | SH |  | SOLE |  | 185000 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 | US6687711084 | 18463968 | 679072 | SH |  | SOLE |  | 679072 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 | US20030N1019 | 18692997 | 625393 | SH |  | SOLE |  | 625393 | 0 | 0 |
| LINDE PLC | SHS | G54950103 | IE000S9YS762 | 18893341 | 44310 | SH |  | SOLE |  | 44310 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 | US6974351057 | 19237848 | 104440 | SH |  | SOLE |  | 104440 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 | US4523271090 | 19254288 | 146800 | SH |  | SOLE |  | 146800 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 | US02043Q1076 | 19301931 | 48540 | SH |  | SOLE |  | 48540 | 0 | 0 |
| FORTINET INC | COM | 34959E109 | US34959E1091 | 19360158 | 243800 | SH |  | SOLE |  | 243800 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 | US7739031091 | 19399030 | 49860 | SH |  | SOLE |  | 49860 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 | US1890541097 | 19621518 | 194600 | SH |  | SOLE |  | 194600 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 | US8243481061 | 19772311 | 61020 | SH |  | SOLE |  | 61020 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 | US8085131055 | 19918657 | 199366 | SH |  | SOLE |  | 199366 | 0 | 0 |
| EBAY INC. | COM | 278642103 | US2786421030 | 20033000 | 230000 | SH |  | SOLE |  | 230000 | 0 | 0 |
| AMGEN INC | COM | 031162100 | US0311621009 | 20325951 | 62100 | SH |  | SOLE |  | 62100 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 | US22052L1044 | 20336232 | 303390 | SH |  | SOLE |  | 303390 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 | US0079031078 | 20494255 | 95696 | SH |  | SOLE |  | 95696 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 | CH0114405324 | 20508135 | 101100 | SH |  | SOLE |  | 101100 | 0 | 0 |
| HP INC | COM | 40434L105 | US40434L1052 | 21047916 | 944700 | SH |  | SOLE |  | 944700 | 0 | 0 |
| TOAST INC | CL A | 888787108 | US8887871080 | 21100042 | 594200 | SH |  | SOLE |  | 594200 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 | US40412C1018 | 21130084 | 45260 | SH |  | SOLE |  | 45260 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 | IE00BLS09M33 | 21452840 | 206000 | SH |  | SOLE |  | 206000 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 | US2561631068 | 21470760 | 313900 | SH |  | SOLE |  | 313900 | 0 | 0 |
| F5 INC | COM | 315616102 | US3156161024 | 21588614 | 84575 | SH |  | SOLE |  | 84575 | 0 | 0 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 | US12503M1080 | 21611100 | 86100 | SH |  | SOLE |  | 86100 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 | US03027X1000 | 21700452 | 123600 | SH |  | SOLE |  | 123600 | 0 | 0 |
| INSULET CORP | COM | 45784P101 | US45784P1012 | 21926274 | 77140 | SH |  | SOLE |  | 77140 | 0 | 0 |
| NRG ENERGY INC | COM | 629377508 | US6293775085 | 22405068 | 140700 | SH |  | SOLE |  | 140700 | 0 | 0 |
| ROBINHOOD MKTS INC | COM | 770700102 | US7707001027 | 22710480 | 200800 | SH |  | SOLE |  | 200800 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 | US12504L1098 | 23201997 | 144300 | SH |  | SOLE |  | 144300 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | US68389X1054 | 23625431 | 121212 | SH |  | SOLE |  | 121212 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 | US87165B1035 | 24219729 | 290300 | SH |  | SOLE |  | 290300 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 | US25809K1051 | 24265067 | 107140 | SH |  | SOLE |  | 107140 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 | US98978V1035 | 24283260 | 193000 | SH |  | SOLE |  | 193000 | 0 | 0 |
| EXELON CORP | COM | 30161N101 | US30161N1019 | 24436554 | 560600 | SH |  | SOLE |  | 560600 | 0 | 0 |
| NU HLDGS LTD ORD SHS | CL A | G6683N103 | KYG6683N1034 | 24684804 | 1474600 | SH |  | SOLE |  | 1474600 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 | US0258161092 | 24786650 | 67000 | SH |  | SOLE |  | 67000 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 | US4523081093 | 25048710 | 101700 | SH |  | SOLE |  | 101700 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 | US95040Q1040 | 25075911 | 135100 | SH |  | SOLE |  | 135100 | 0 | 0 |
| PFIZER INC | COM | 717081103 | US7170811035 | 25328280 | 1017200 | SH |  | SOLE |  | 1017200 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | IE00BTN1Y115 | 25333808 | 263729 | SH |  | SOLE |  | 263729 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 | US79466L3024 | 25439837 | 96032 | SH |  | SOLE |  | 96032 | 0 | 0 |
| BEST BUY INC | COM | 086516101 | US0865161014 | 25580646 | 382200 | SH |  | SOLE |  | 382200 | 0 | 0 |
| VEEVA SYS INC CL A | COM | 922475108 | US9224751084 | 25675245 | 115017 | SH |  | SOLE |  | 115017 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 | US45168D1046 | 25924630 | 38320 | SH |  | SOLE |  | 38320 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 | US21037T1097 | 26474054 | 74940 | SH |  | SOLE |  | 74940 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 | US5926881054 | 26531436 | 19030 | SH |  | SOLE |  | 19030 | 0 | 0 |
| ARISTA NETWORKS INC | COM | 040413205 | US0404132054 | 26730120 | 204000 | SH |  | SOLE |  | 204000 | 0 | 0 |
| ECOLAB INC | COM | 278865100 | US2788651006 | 26777040 | 102000 | SH |  | SOLE |  | 102000 | 0 | 0 |
| GODADDY INC | CL A | 380237107 | US3802371076 | 27334824 | 220300 | SH |  | SOLE |  | 220300 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 | US12572Q1058 | 28039854 | 102680 | SH |  | SOLE |  | 102680 | 0 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 | US29084Q1004 | 28509414 | 46600 | SH |  | SOLE |  | 46600 | 0 | 0 |
| CANADIAN IMPERIAL BANK OF CO | COM | 136069101 | CA1360691010 | 28780659 | 231300 | SH |  | SOLE |  | 231300 | 0 | 0 |
| ALLEGION PLC ORD | SHS | G0176J109 | IE00BFRT3W74 | 28818820 | 181000 | SH |  | SOLE |  | 181000 | 0 | 0 |
| WABTEC | COM | 929740108 | US9297401088 | 29221305 | 136900 | SH |  | SOLE |  | 136900 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 | US6516391066 | 29226095 | 292700 | SH |  | SOLE |  | 292700 | 0 | 0 |
| 3M CO | COM | 88579Y101 | US88579Y1010 | 29292216 | 182962 | SH |  | SOLE |  | 182962 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | US4592001014 | 29354411 | 99100 | SH |  | SOLE |  | 99100 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 | US1266501006 | 29791744 | 375400 | SH |  | SOLE |  | 375400 | 0 | 0 |
| EXPEDIA GROUP INC | COM | 30212P303 | US30212P3038 | 29945867 | 105700 | SH |  | SOLE |  | 105700 | 0 | 0 |
| CARNIVAL CORP | UNIT | 143658300 | PA1436583006 | 30069684 | 984600 | SH |  | SOLE |  | 984600 | 0 | 0 |
| WW GRAINGER INC | COM | 384802104 | US3848021040 | 30271500 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| AT INC | COM | 00206R102 | US00206R1023 | 30312252 | 1220300 | SH |  | SOLE |  | 1220300 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 | CA0084741085 | 30372154 | 130487 | SH |  | SOLE |  | 130487 | 0 | 0 |
| GARTNER INC | COM | 366651107 | US3666511072 | 30757978 | 121920 | SH |  | SOLE |  | 121920 | 0 | 0 |
| VERIZON | COM | 92343V104 | US92343V1044 | 31203253 | 766100 | SH |  | SOLE |  | 766100 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 | US90353T1007 | 31417332 | 384498 | SH |  | SOLE |  | 384498 | 0 | 0 |
| COCA COLA CO | COM | 191216100 | US1912161007 | 31823032 | 455200 | SH |  | SOLE |  | 455200 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | US4370761029 | 31918716 | 92760 | SH |  | SOLE |  | 92760 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | US38141G1040 | 32028123 | 36437 | SH |  | SOLE |  | 36437 | 0 | 0 |
| AUTODESK INC | COM | 052769106 | US0527691069 | 32140766 | 108580 | SH |  | SOLE |  | 108580 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 | US70450Y1038 | 32488470 | 556500 | SH |  | SOLE |  | 556500 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 | US92343E1029 | 32744801 | 134780 | SH |  | SOLE |  | 134780 | 0 | 0 |
| CITIGROUP INC | COM | 172967424 | US1729674242 | 33303326 | 285400 | SH |  | SOLE |  | 285400 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 | US09857L1089 | 33685026 | 6290 | SH |  | SOLE |  | 6290 | 0 | 0 |
| ZOOM | COM | 98980L101 | US98980L1017 | 33730761 | 390900 | SH |  | SOLE |  | 390900 | 0 | 0 |
| CREDO TECHNOLOGY GROUP HOLDI | ORD | G25457105 | KYG254571055 | 33842928 | 235200 | SH |  | SOLE |  | 235200 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | US2546871060 | 33903460 | 298000 | SH |  | SOLE |  | 298000 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 | US81762P1021 | 34375836 | 224400 | SH |  | SOLE |  | 224400 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 | US7782961038 | 35055244 | 194600 | SH |  | SOLE |  | 194600 | 0 | 0 |
| WALMART INC | COM | 931142103 | US9311421039 | 35261265 | 316500 | SH |  | SOLE |  | 316500 | 0 | 0 |
| TE CONNECTIVITY PLC ORD | SHS | G87052109 | IE000IVNQZ81 | 35537062 | 156200 | SH |  | SOLE |  | 156200 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 | US17275R1023 | 35932800 | 466478 | SH |  | SOLE |  | 466478 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS | G1151C101 | IE00B4BNMY34 | 36651926 | 136608 | SH |  | SOLE |  | 136608 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | US1101221083 | 36765504 | 681600 | SH |  | SOLE |  | 681600 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 | US9497461015 | 36795360 | 394800 | SH |  | SOLE |  | 394800 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 | US6821891057 | 37141485 | 685900 | SH |  | SOLE |  | 685900 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 | US1924461023 | 38046951 | 458397 | SH |  | SOLE |  | 458397 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 | US45337C1027 | 39142551 | 396300 | SH |  | SOLE |  | 396300 | 0 | 0 |
| LOWES COS INC | COM | 548661107 | US5486611073 | 39434483 | 163520 | SH |  | SOLE |  | 163520 | 0 | 0 |
| TERADYNE INC | COM | 880770102 | US8807701029 | 40589532 | 209700 | SH |  | SOLE |  | 209700 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 | US0028241000 | 40745310 | 325208 | SH |  | SOLE |  | 325208 | 0 | 0 |
| FASTENAL CO | COM | 311900104 | US3119001044 | 41257653 | 1028100 | SH |  | SOLE |  | 1028100 | 0 | 0 |
| ADOBE INC | COM | 00724F101 | US00724F1012 | 41452816 | 118440 | SH |  | SOLE |  | 118440 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 | US14040H1059 | 41935793 | 173031 | SH |  | SOLE |  | 173031 | 0 | 0 |
| WILLIAMS SONOMA INC | COM | 969904101 | US9699041011 | 42611574 | 238600 | SH |  | SOLE |  | 238600 | 0 | 0 |
| INTUIT | COM | 461202103 | US4612021034 | 43428255 | 65560 | SH |  | SOLE |  | 65560 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 | US8825081040 | 44621628 | 257200 | SH |  | SOLE |  | 257200 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 | US9581021055 | 44859108 | 260400 | SH |  | SOLE |  | 260400 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | US00287Y1091 | 44976429 | 196842 | SH |  | SOLE |  | 196842 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | US58933Y1055 | 45061806 | 428100 | SH |  | SOLE |  | 428100 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 | US8725401090 | 46973938 | 305800 | SH |  | SOLE |  | 305800 | 0 | 0 |
| FOX CORP CL B | COM | 35137L204 | US35137L2043 | 48937741 | 753700 | SH |  | SOLE |  | 753700 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 | US72352L1061 | 49592295 | 1915500 | SH |  | SOLE |  | 1915500 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 | US5951121038 | 52505451 | 183965 | SH |  | SOLE |  | 183965 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 | CA4969024047 | 53687142 | 1388700 | SH |  | SOLE |  | 1388700 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 | US2855121099 | 54535677 | 266900 | SH |  | SOLE |  | 266900 | 0 | 0 |
| MAGNUM ICE CREAM CO NV ORD | SHS | N5505D105 | NL0015002MS2 | 57676305 | 48982 | SH |  | SOLE |  | 48982 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 | US3755581036 | 59258872 | 482800 | SH |  | SOLE |  | 482800 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 | US64110L1061 | 62323210 | 664710 | SH |  | SOLE |  | 664710 | 0 | 0 |
| NETAPP INC | COM | 64110D104 | US64110D1046 | 64425344 | 601600 | SH |  | SOLE |  | 601600 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 | NL0009538784 | 67852956 | 312600 | SH |  | SOLE |  | 312600 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | US69608A1088 | 68440327 | 385037 | SH |  | SOLE |  | 385037 | 0 | 0 |
| APPLOVIN CORP | COM | 03831W108 | US03831W1080 | 70187113 | 104163 | SH |  | SOLE |  | 104163 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | US4781601046 | 70798630 | 342105 | SH |  | SOLE |  | 342105 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | US57636Q1040 | 71965704 | 126061 | SH |  | SOLE |  | 126061 | 0 | 0 |
| VISA INC | COM | 92826C839 | US92826C8394 | 72988012 | 208115 | SH |  | SOLE |  | 208115 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | US46625H1005 | 77655342 | 241001 | SH |  | SOLE |  | 241001 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | US02079K1079 | 78901558 | 251439 | SH |  | SOLE |  | 251439 | 0 | 0 |
| LAM RESEARCH CORP | COM | 512807306 | US5128073062 | 79222104 | 462800 | SH |  | SOLE |  | 462800 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 | US0382221051 | 80052385 | 311500 | SH |  | SOLE |  | 311500 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 | US5324571083 | 89445616 | 83230 | SH |  | SOLE |  | 83230 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 | US90384S3031 | 93522446 | 154580 | SH |  | SOLE |  | 154580 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | US30303M1027 | 94715654 | 143489 | SH |  | SOLE |  | 143489 | 0 | 0 |
| KLA CORP | COM | 482480100 | US4824801009 | 112832329 | 92860 | SH |  | SOLE |  | 92860 | 0 | 0 |
| BROAD | COM | 11135F101 | US11135F1012 | 112934853 | 326307 | SH |  | SOLE |  | 326307 | 0 | 0 |
| ALPHABET INC CAP STK | CL A | 02079K305 | US02079K3059 | 138369162 | 442074 | SH |  | SOLE |  | 442074 | 0 | 0 |
| QUAL | COM | 747525103 | US7475251036 | 168398725 | 984500 | SH |  | SOLE |  | 984500 | 0 | 0 |
| AMAZON | COM | 023135106 | US0231351067 | 186966047 | 810008 | SH |  | SOLE |  | 810008 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | US5949181045 | 271917279 | 562254 | SH |  | SOLE |  | 562254 | 0 | 0 |
| APPLE INC | COM | 037833100 | US0378331005 | 343138430 | 1262188 | SH |  | SOLE |  | 1262188 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | US67066G1040 | 390191010 | 2092177 | SH |  | SOLE |  | 2092177 | 0 | 0 |

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