# EDGAR Filing Document

**Accession Number:** 0001739877
**File Stem:** 0001739877-26-000001
**Filing Date:** 2026-2
**Character Count:** 60840
**Document Hash:** a78599575e3a6ca00afa6db925474f62
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001739877-26-000001.hdr.sgml**: 20260212

**ACCESSION NUMBER**: 0001739877-26-000001

**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:** Elo Mutual Pension Insurance Co
- **CENTRAL INDEX KEY:** 0001739877

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** H9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18742
- **FILM NUMBER:** 26623736

**BUSINESS ADDRESS:**
- **STREET 1:** REVONTULENTIE 7
- **CITY:** ESPOO
- **STATE:** H9
- **ZIP:** 02100
- **BUSINESS PHONE:** 3582070350

**MAIL ADDRESS:**
- **STREET 1:** REVONTULENTIE 7
- **CITY:** ESPOO
- **STATE:** H9
- **ZIP:** 02100

### 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:** Elo Mutual Pension Insurance Co<br>**Address:** REVONTULENTIE 7<br>ESPOO, H9 02100

**Form 13F File Number:** 028-18742

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:** Markus Rusi<br>**Title:** Head of Middle Office<br>**Phone:** 358207035424

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

Markus Rusi  Espoo, H9  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:** 595

**Form 13F Information Table Value Total:** $6526072266

      (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 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 4440613 | 20458 | SH |  | SOLE |  | 20458 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 3097302 | 30253 | SH |  | SOLE |  | 30253 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 15037830 | 12376 | SH |  | SOLE |  | 12376 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 4176273 | 38136 | SH |  | SOLE |  | 38136 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 416470762 | 1531931 | SH |  | SOLE |  | 1531931 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 2792200 | 24736 | SH |  | SOLE |  | 24736 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 6128339 | 62694 | SH |  | SOLE |  | 62694 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 12164436 | 34701 | SH |  | SOLE |  | 34701 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 4062922 | 125826 | SH |  | SOLE |  | 125826 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 8324282 | 75490 | SH |  | SOLE |  | 75490 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 7472536 | 87347 | SH |  | SOLE |  | 87347 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 6120309 | 24849 | SH |  | SOLE |  | 24849 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 14862492 | 57779 | SH |  | SOLE |  | 57779 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 5929205 | 59698 | SH |  | SOLE |  | 59698 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 8066698 | 151175 | SH |  | SOLE |  | 151175 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 2867800 | 10048 | SH |  | SOLE |  | 10048 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 34003274 | 98818 | SH |  | SOLE |  | 98818 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 2435931 | 18347 | SH |  | SOLE |  | 18347 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 6700233 | 32100 | SH |  | SOLE |  | 32100 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 32929987 | 471034 | SH |  | SOLE |  | 471034 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 12850339 | 429921 | SH |  | SOLE |  | 429921 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 53268381 | 442649 | SH |  | SOLE |  | 442649 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 6561690 | 150532 | SH |  | SOLE |  | 150532 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 5034697 | 60659 | SH |  | SOLE |  | 60659 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 3157143 | 18834 | SH |  | SOLE |  | 18834 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 9635451 | 121338 | SH |  | SOLE |  | 121338 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 2044123 | 12713 | SH |  | SOLE |  | 12713 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 810788 | 14973 | SH |  | SOLE |  | 14973 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 8323941 | 66126 | SH |  | SOLE |  | 66126 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 668878 | 24069 | SH |  | SOLE |  | 24069 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 2475512 | 23803 | SH |  | SOLE |  | 23803 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 970266 | 11697 | SH |  | SOLE |  | 11697 | 0 | 0 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 470908 | 10088 | SH |  | SOLE |  | 10088 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 |  | 2427283 | 30980 | SH |  | SOLE |  | 30980 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 3043352 | 65015 | SH |  | SOLE |  | 65015 | 0 | 0 |
| LEAR CORP | COM NEW | 521865204 |  | 1190465 | 10388 | SH |  | SOLE |  | 10388 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 2592822 | 25222 | SH |  | SOLE |  | 25222 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 2910431 | 10578 | SH |  | SOLE |  | 10578 | 0 | 0 |
| ASSURANT INC | COM | 04621X108 |  | 2976424 | 12358 | SH |  | SOLE |  | 12358 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 3133912 | 56528 | SH |  | SOLE |  | 56528 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 |  | 2006412 | 44816 | SH |  | SOLE |  | 44816 | 0 | 0 |
| ROYALTY PHARMA PLC | SHS CLASS A | G7709Q104 |  | 1046487 | 27083 | SH |  | SOLE |  | 27083 | 0 | 0 |
| BATH  BODY WORKS INC | COM | 070830104 |  | 736575 | 36682 | SH |  | SOLE |  | 36682 | 0 | 0 |
| ZOOMINFO TECHNOLOGIES INC | COMMON STOCK | 98980F104 |  | 272597 | 26804 | SH |  | SOLE |  | 26804 | 0 | 0 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 4454100 | 33626 | SH |  | SOLE |  | 33626 | 0 | 0 |
| HOME BANCSHARES INC | COM | 436893200 |  | 1317772 | 47436 | SH |  | SOLE |  | 47436 | 0 | 0 |
| PAYLOCITY HLDG CORP | COM | 70438V106 |  | 1584933 | 10393 | SH |  | SOLE |  | 10393 | 0 | 0 |
| CORCEPT THERAPEUTICS INC | COM | 218352102 |  | 363869 | 10456 | SH |  | SOLE |  | 10456 | 0 | 0 |
| ENERSYS | COM | 29275Y102 |  | 1755717 | 11964 | SH |  | SOLE |  | 11964 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 1919268 | 29844 | SH |  | SOLE |  | 29844 | 0 | 0 |
| BLUE OWL CAPITAL INC | COM CL A | 09581B103 |  | 359920 | 24091 | SH |  | SOLE |  | 24091 | 0 | 0 |
| UNITED BANKSHARES INC WEST V | COM | 909907107 |  | 2335603 | 60823 | SH |  | SOLE |  | 60823 | 0 | 0 |
| EXELIXIS INC | COM | 30161Q104 |  | 2376331 | 54217 | SH |  | SOLE |  | 54217 | 0 | 0 |
| NATERA INC | COM | 632307104 |  | 3762116 | 16422 | SH |  | SOLE |  | 16422 | 0 | 0 |
| INSMED INC | COM PAR $.01 | 457669307 |  | 2159662 | 12409 | SH |  | SOLE |  | 12409 | 0 | 0 |
| PAGERDUTY INC | COM | 69553P100 |  | 1417584 | 108130 | SH |  | SOLE |  | 108130 | 0 | 0 |
| AMERIS BANCORP | COM | 03076K108 |  | 1118209 | 15056 | SH |  | SOLE |  | 15056 | 0 | 0 |
| UPWORK INC | COM | 91688F104 |  | 1342607 | 67740 | SH |  | SOLE |  | 67740 | 0 | 0 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 2782465 | 53437 | SH |  | SOLE |  | 53437 | 0 | 0 |
| TRIPADVISOR INC | COM | 896945201 |  | 1394528 | 95778 | SH |  | SOLE |  | 95778 | 0 | 0 |
| YELP INC | CL A | 985817105 |  | 2271592 | 74748 | SH |  | SOLE |  | 74748 | 0 | 0 |
| BRADY CORP | CL A | 104674106 |  | 1482839 | 18921 | SH |  | SOLE |  | 18921 | 0 | 0 |
| AVISTA CORP | COM | 05379B107 |  | 1284500 | 33329 | SH |  | SOLE |  | 33329 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 16824199 | 25742 | SH |  | SOLE |  | 25742 | 0 | 0 |
| PTC THERAPEUTICS INC | COM | 69366J200 |  | 1124284 | 14801 | SH |  | SOLE |  | 14801 | 0 | 0 |
| ONESTREAM INC | CL A | 68278B107 |  | 938391 | 51055 | SH |  | SOLE |  | 51055 | 0 | 0 |
| KLAVIYO INC | COM SER A | 49845K101 |  | 1207527 | 37189 | SH |  | SOLE |  | 37189 | 0 | 0 |
| UL SOLUTIONS INC | CLASS A COM SHS | 903731107 |  | 1602041 | 20315 | SH |  | SOLE |  | 20315 | 0 | 0 |
| WILEY JOHN  SONS INC | CL A | 968223206 |  | 1746461 | 57018 | SH |  | SOLE |  | 57018 | 0 | 0 |
| ADMA BIOLOGICS INC | COM | 000899104 |  | 794279 | 43546 | SH |  | SOLE |  | 43546 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 199415007 | 1385115 | SH |  | SOLE |  | 1385115 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 11692628 | 213486 | SH |  | SOLE |  | 213486 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 78666576 | 73200 | SH |  | SOLE |  | 73200 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 20518186 | 175835 | SH |  | SOLE |  | 175835 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 2942241 | 28716 | SH |  | SOLE |  | 28716 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 7690141 | 91321 | SH |  | SOLE |  | 91321 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 24929468 | 44017 | SH |  | SOLE |  | 44017 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 27647103 | 74732 | SH |  | SOLE |  | 74732 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 1034713 | 11643 | SH |  | SOLE |  | 11643 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 11612995 | 62597 | SH |  | SOLE |  | 62597 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 7709571 | 68725 | SH |  | SOLE |  | 68725 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 6009505 | 68633 | SH |  | SOLE |  | 68633 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 4589910 | 22356 | SH |  | SOLE |  | 22356 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 14983467 | 367873 | SH |  | SOLE |  | 367873 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 34679425 | 630535 | SH |  | SOLE |  | 630535 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 11051129 | 40749 | SH |  | SOLE |  | 40749 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 14132607 | 44371 | SH |  | SOLE |  | 44371 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 21941194 | 152879 | SH |  | SOLE |  | 152879 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 16169966 | 52907 | SH |  | SOLE |  | 52907 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 6621475 | 14183 | SH |  | SOLE |  | 14183 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 36390748 | 42200 | SH |  | SOLE |  | 42200 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 16075737 | 167351 | SH |  | SOLE |  | 167351 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 9999476 | 156953 | SH |  | SOLE |  | 156953 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 3492524 | 84873 | SH |  | SOLE |  | 84873 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 2166121 | 31752 | SH |  | SOLE |  | 31752 | 0 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 1617169 | 13624 | SH |  | SOLE |  | 13624 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 3491608 | 418658 | SH |  | SOLE |  | 418658 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 2484590 | 41807 | SH |  | SOLE |  | 41807 | 0 | 0 |
| CROWN HLDGS INC | COM | 228368106 |  | 3016918 | 29299 | SH |  | SOLE |  | 29299 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 818103 | 10578 | SH |  | SOLE |  | 10578 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 2096344 | 37189 | SH |  | SOLE |  | 37189 | 0 | 0 |
| LUMEN TECHNOLOGIES INC | COM | 550241103 |  | 317032 | 40802 | SH |  | SOLE |  | 40802 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 7538730 | 112468 | SH |  | SOLE |  | 112468 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 2382020 | 20314 | SH |  | SOLE |  | 20314 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 3536319 | 17404 | SH |  | SOLE |  | 17404 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 5792535 | 89212 | SH |  | SOLE |  | 89212 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 7517113 | 58967 | SH |  | SOLE |  | 58967 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 |  | 1312749 | 17369 | SH |  | SOLE |  | 17369 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 2485301 | 13657 | SH |  | SOLE |  | 13657 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 2106409 | 31257 | SH |  | SOLE |  | 31257 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 2786311 | 12702 | SH |  | SOLE |  | 12702 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S C | 531229755 |  | 1132964 | 11501 | SH |  | SOLE |  | 11501 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 5505723 | 34575 | SH |  | SOLE |  | 34575 | 0 | 0 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 1078575 | 18340 | SH |  | SOLE |  | 18340 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 10089208 | 44542 | SH |  | SOLE |  | 44542 | 0 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 1718937 | 68785 | SH |  | SOLE |  | 68785 | 0 | 0 |
| KORN FERRY | COM NEW | 500643200 |  | 2048997 | 31036 | SH |  | SOLE |  | 31036 | 0 | 0 |
| TERADATA CORP DEL | COM | 88076W103 |  | 1889654 | 62078 | SH |  | SOLE |  | 62078 | 0 | 0 |
| MUELLER INDS INC | COM | 624756102 |  | 2113927 | 18414 | SH |  | SOLE |  | 18414 | 0 | 0 |
| ADVANCED DRAIN SYS INC DEL | COM | 00790R104 |  | 2085262 | 14398 | SH |  | SOLE |  | 14398 | 0 | 0 |
| UNUM GROUP | COM | 91529Y106 |  | 2493175 | 32170 | SH |  | SOLE |  | 32170 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 3188943 | 47384 | SH |  | SOLE |  | 47384 | 0 | 0 |
| QUALYS INC | COM | 74758T303 |  | 1503365 | 11312 | SH |  | SOLE |  | 11312 | 0 | 0 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 2072645 | 24645 | SH |  | SOLE |  | 24645 | 0 | 0 |
| NATIONAL FUEL GAS CO | COM | 636180101 |  | 2043932 | 25530 | SH |  | SOLE |  | 25530 | 0 | 0 |
| TPG INC | COM CL A | 872657101 |  | 1241050 | 19440 | SH |  | SOLE |  | 19440 | 0 | 0 |
| ADTALEM GLOBAL ED INC | COM | 00737L103 |  | 1695873 | 16390 | SH |  | SOLE |  | 16390 | 0 | 0 |
| FULTON FINL CORP PA | COM | 360271100 |  | 810391 | 41924 | SH |  | SOLE |  | 41924 | 0 | 0 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 1598143 | 48050 | SH |  | SOLE |  | 48050 | 0 | 0 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 756137 | 10047 | SH |  | SOLE |  | 10047 | 0 | 0 |
| VIRTU FINL INC | CL A | 928254101 |  | 2213314 | 66426 | SH |  | SOLE |  | 66426 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 19267190 | 18001 | SH |  | SOLE |  | 18001 | 0 | 0 |
| WAYSTAR HLDG CORP | COM | 946784105 |  | 1099811 | 33582 | SH |  | SOLE |  | 33582 | 0 | 0 |
| LEVI STRAUSS  CO NEW | CL A COM STK | 52736R102 |  | 2421706 | 116765 | SH |  | SOLE |  | 116765 | 0 | 0 |
| LEONARDO DRS INC | COM | 52661A108 |  | 1122788 | 32936 | SH |  | SOLE |  | 32936 | 0 | 0 |
| LAKELAND FINL CORP | COM | 511656100 |  | 760496 | 13328 | SH |  | SOLE |  | 13328 | 0 | 0 |
| ADT INC DEL | COM | 00090Q103 |  | 2921388 | 362006 | SH |  | SOLE |  | 362006 | 0 | 0 |
| ARCUTIS BIOTHERAPEUTICS INC | COM | 03969K108 |  | 300854 | 10360 | SH |  | SOLE |  | 10360 | 0 | 0 |
| PARAMOUNT SKYDANCE CORP | COM CL B | 69932A204 |  | 1286762 | 96027 | SH |  | SOLE |  | 96027 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 39867192 | 257540 | SH |  | SOLE |  | 257540 | 0 | 0 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 25054650 | 670000 | SH |  | SOLE |  | 670000 | 0 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 47208274 | 156760 | SH |  | SOLE |  | 156760 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 125506462 | 1867100 | SH |  | SOLE |  | 1867100 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 4411448 | 24489 | SH |  | SOLE |  | 24489 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 1121832 | 16684 | SH |  | SOLE |  | 16684 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 9304211 | 121354 | SH |  | SOLE |  | 121354 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 5734398 | 42143 | SH |  | SOLE |  | 42143 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 5703831 | 32877 | SH |  | SOLE |  | 32877 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 20639979 | 221459 | SH |  | SOLE |  | 221459 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 3329779 | 50102 | SH |  | SOLE |  | 50102 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 864506 | 31448 | SH |  | SOLE |  | 31448 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 6406639 | 33012 | SH |  | SOLE |  | 33012 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 9086372 | 43653 | SH |  | SOLE |  | 43653 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 6025838 | 166230 | SH |  | SOLE |  | 166230 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 2949137 | 44063 | SH |  | SOLE |  | 44063 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 816684 | 12547 | SH |  | SOLE |  | 12547 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 6119264 | 124350 | SH |  | SOLE |  | 124350 | 0 | 0 |
| OKTA INC | CL A | 679295105 |  | 3626206 | 41936 | SH |  | SOLE |  | 41936 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 12934042 | 83911 | SH |  | SOLE |  | 83911 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 911273 | 24629 | SH |  | SOLE |  | 24629 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 6459739 | 81831 | SH |  | SOLE |  | 81831 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 3652027 | 22637 | SH |  | SOLE |  | 22637 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 2577332 | 12792 | SH |  | SOLE |  | 12792 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 6935414 | 17441 | SH |  | SOLE |  | 17441 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 2100532 | 11549 | SH |  | SOLE |  | 11549 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 |  | 2449507 | 54361 | SH |  | SOLE |  | 54361 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 324303 | 18735 | SH |  | SOLE |  | 18735 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 3956119 | 36942 | SH |  | SOLE |  | 36942 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 2711020 | 33573 | SH |  | SOLE |  | 33573 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 4038059 | 73140 | SH |  | SOLE |  | 73140 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 2169531 | 125045 | SH |  | SOLE |  | 125045 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 270205 | 15240 | SH |  | SOLE |  | 15240 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 2998756 | 30361 | SH |  | SOLE |  | 30361 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 1541443 | 24290 | SH |  | SOLE |  | 24290 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 5974857 | 62290 | SH |  | SOLE |  | 62290 | 0 | 0 |
| AMEREN CORP | COM | 023608102 |  | 1599557 | 16018 | SH |  | SOLE |  | 16018 | 0 | 0 |
| CHEWY INC | CL A | 16679L109 |  | 1529422 | 46276 | SH |  | SOLE |  | 46276 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 14235119 | 46843 | SH |  | SOLE |  | 46843 | 0 | 0 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 4371453 | 24232 | SH |  | SOLE |  | 24232 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 7105673 | 20114 | SH |  | SOLE |  | 20114 | 0 | 0 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 441704 | 21791 | SH |  | SOLE |  | 21791 | 0 | 0 |
| AECOM | COM | 00766T100 |  | 2405653 | 25235 | SH |  | SOLE |  | 25235 | 0 | 0 |
| UIPATH INC | CL A | 90364P105 |  | 1183440 | 72205 | SH |  | SOLE |  | 72205 | 0 | 0 |
| MANHATTAN ASSOCIATES INC | COM | 562750109 |  | 1922701 | 11094 | SH |  | SOLE |  | 11094 | 0 | 0 |
| CORVEL CORP | COM | 221006109 |  | 1254940 | 18545 | SH |  | SOLE |  | 18545 | 0 | 0 |
| GUARDANT HEALTH INC | COM | 40131M109 |  | 1938209 | 18976 | SH |  | SOLE |  | 18976 | 0 | 0 |
| STRIDE INC | COM | 86333M108 |  | 928174 | 14295 | SH |  | SOLE |  | 14295 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 2689586 | 246751 | SH |  | SOLE |  | 246751 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 2957237 | 23145 | SH |  | SOLE |  | 23145 | 0 | 0 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 2292586 | 33173 | SH |  | SOLE |  | 33173 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 3098719 | 44663 | SH |  | SOLE |  | 44663 | 0 | 0 |
| HECLA MNG CO | COM | 422704106 |  | 1471125 | 76661 | SH |  | SOLE |  | 76661 | 0 | 0 |
| FRESHWORKS INC | CLASS A COM | 358054104 |  | 322310 | 26311 | SH |  | SOLE |  | 26311 | 0 | 0 |
| PEGASYSTEMS INC | COM | 705573103 |  | 1862368 | 31185 | SH |  | SOLE |  | 31185 | 0 | 0 |
| REDDIT INC | CL A | 75734B100 |  | 2773152 | 12064 | SH |  | SOLE |  | 12064 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 7244825 | 32542 | SH |  | SOLE |  | 32542 | 0 | 0 |
| CINEMARK HLDGS INC | COM | 17243V102 |  | 692413 | 29794 | SH |  | SOLE |  | 29794 | 0 | 0 |
| VERICEL CORP | COM | 92346J108 |  | 361742 | 10047 | SH |  | SOLE |  | 10047 | 0 | 0 |
| LIFE360 INC | COM | 532206109 |  | 1525826 | 23789 | SH |  | SOLE |  | 23789 | 0 | 0 |
| BIOCRYST PHARMACEUTICALS INC | COM | 09058V103 |  | 963604 | 123539 | SH |  | SOLE |  | 123539 | 0 | 0 |
| PERDOCEO ED CORP | COM | 71363P106 |  | 1197456 | 40827 | SH |  | SOLE |  | 40827 | 0 | 0 |
| NETSCOUT SYS INC | COM | 64115T104 |  | 1789343 | 66125 | SH |  | SOLE |  | 66125 | 0 | 0 |
| GALAXY DIGITAL INC. | CL A | 36317J209 |  | 1017380 | 45500 | SH |  | SOLE |  | 45500 | 0 | 0 |
| GARRETT MOTION INC | COM | 366505105 |  | 2536937 | 145550 | SH |  | SOLE |  | 145550 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 12859334 | 26587 | SH |  | SOLE |  | 26587 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 10486868 | 53754 | SH |  | SOLE |  | 53754 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 5093010 | 51346 | SH |  | SOLE |  | 51346 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 2270471 | 12932 | SH |  | SOLE |  | 12932 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 24873871 | 37550 | SH |  | SOLE |  | 37550 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 12448465 | 21730 | SH |  | SOLE |  | 21730 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 15476311 | 195014 | SH |  | SOLE |  | 195014 | 0 | 0 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 3723038 | 11330 | SH |  | SOLE |  | 11330 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 9129758 | 10387 | SH |  | SOLE |  | 10387 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 11372504 | 41320 | SH |  | SOLE |  | 41320 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 9399662 | 50642 | SH |  | SOLE |  | 50642 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 184462811 | 279451 | SH |  | SOLE |  | 279451 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 144303754 | 459859 | SH |  | SOLE |  | 459859 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 198000983 | 632591 | SH |  | SOLE |  | 632591 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 30775823 | 214750 | SH |  | SOLE |  | 214750 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 13867549 | 50782 | SH |  | SOLE |  | 50782 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 8178900 | 96245 | SH |  | SOLE |  | 96245 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 4116833 | 14252 | SH |  | SOLE |  | 14252 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 10913978 | 33682 | SH |  | SOLE |  | 33682 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 4191878 | 48072 | SH |  | SOLE |  | 48072 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 4644231 | 35999 | SH |  | SOLE |  | 35999 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 5460273 | 18912 | SH |  | SOLE |  | 18912 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 12849397 | 128687 | SH |  | SOLE |  | 128687 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 11449022 | 43612 | SH |  | SOLE |  | 43612 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 34778352 | 451491 | SH |  | SOLE |  | 451491 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 2465478 | 36045 | SH |  | SOLE |  | 36045 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 6525358 | 74918 | SH |  | SOLE |  | 74918 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 20944303 | 78063 | SH |  | SOLE |  | 78063 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 16468745 | 305316 | SH |  | SOLE |  | 305316 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 4196782 | 22315 | SH |  | SOLE |  | 22315 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 8951911 | 74755 | SH |  | SOLE |  | 74755 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 5191643 | 23032 | SH |  | SOLE |  | 23032 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 |  | 1523135 | 163602 | SH |  | SOLE |  | 163602 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 |  | 2185180 | 10871 | SH |  | SOLE |  | 10871 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 794400 | 19023 | SH |  | SOLE |  | 19023 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 4174793 | 259788 | SH |  | SOLE |  | 259788 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 9613085 | 46779 | SH |  | SOLE |  | 46779 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 1961313 | 28261 | SH |  | SOLE |  | 28261 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 1875031 | 72423 | SH |  | SOLE |  | 72423 | 0 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 3119943 | 19428 | SH |  | SOLE |  | 19428 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 1672284 | 33439 | SH |  | SOLE |  | 33439 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 2365172 | 16911 | SH |  | SOLE |  | 16911 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 2950530 | 45330 | SH |  | SOLE |  | 45330 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 3950771 | 56343 | SH |  | SOLE |  | 56343 | 0 | 0 |
| AMERICAN FINL GROUP INC OHIO | COM | 025932104 |  | 2320963 | 16981 | SH |  | SOLE |  | 16981 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 1196310 | 16197 | SH |  | SOLE |  | 16197 | 0 | 0 |
| OGE ENERGY CORP | COM | 670837103 |  | 799472 | 18723 | SH |  | SOLE |  | 18723 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 1250334 | 64550 | SH |  | SOLE |  | 64550 | 0 | 0 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 3639562 | 10190 | SH |  | SOLE |  | 10190 | 0 | 0 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 |  | 452771 | 14105 | SH |  | SOLE |  | 14105 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 7175509 | 10649 | SH |  | SOLE |  | 10649 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 17259502 | 117748 | SH |  | SOLE |  | 117748 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 2560338 | 24697 | SH |  | SOLE |  | 24697 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 4708718 | 47191 | SH |  | SOLE |  | 47191 | 0 | 0 |
| CELSIUS HLDGS INC | COM NEW | 15118V207 |  | 678553 | 14835 | SH |  | SOLE |  | 14835 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 3541539 | 21860 | SH |  | SOLE |  | 21860 | 0 | 0 |
| SIMMONS 1ST NATL CORP | CL A $1 PAR | 828730200 |  | 343447 | 18220 | SH |  | SOLE |  | 18220 | 0 | 0 |
| LIVERAMP HLDGS INC | COM | 53815P108 |  | 872583 | 29710 | SH |  | SOLE |  | 29710 | 0 | 0 |
| CAL MAINE FOODS INC | COM NEW | 128030202 |  | 1776241 | 22323 | SH |  | SOLE |  | 22323 | 0 | 0 |
| BOX INC | CL A | 10316T104 |  | 1315502 | 43982 | SH |  | SOLE |  | 43982 | 0 | 0 |
| VALLEY NATL BANCORP | COM | 919794107 |  | 422676 | 36188 | SH |  | SOLE |  | 36188 | 0 | 0 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 2313417 | 13281 | SH |  | SOLE |  | 13281 | 0 | 0 |
| BALCHEM CORP | COM | 057665200 |  | 2220653 | 14480 | SH |  | SOLE |  | 14480 | 0 | 0 |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 |  | 1468835 | 16452 | SH |  | SOLE |  | 16452 | 0 | 0 |
| TENABLE HLDGS INC | COM | 88025T102 |  | 1115251 | 47397 | SH |  | SOLE |  | 47397 | 0 | 0 |
| FLOWERS FOODS INC | COM | 343498101 |  | 695178 | 63895 | SH |  | SOLE |  | 63895 | 0 | 0 |
| CIENA CORP | COM NEW | 171779309 |  | 4329869 | 18514 | SH |  | SOLE |  | 18514 | 0 | 0 |
| SONOCO PRODS CO | COM | 835495102 |  | 776137 | 17785 | SH |  | SOLE |  | 17785 | 0 | 0 |
| CLEAR SECURE INC | COM CL A | 18467V109 |  | 2225826 | 63450 | SH |  | SOLE |  | 63450 | 0 | 0 |
| GENWORTH FINL INC | COM SHS | 37247D106 |  | 764760 | 84691 | SH |  | SOLE |  | 84691 | 0 | 0 |
| ITRON INC | COM | 465741106 |  | 1348792 | 14525 | SH |  | SOLE |  | 14525 | 0 | 0 |
| WSFS FINL CORP | COM | 929328102 |  | 1024371 | 18544 | SH |  | SOLE |  | 18544 | 0 | 0 |
| TG THERAPEUTICS INC | COM | 88322Q108 |  | 1400355 | 46976 | SH |  | SOLE |  | 46976 | 0 | 0 |
| VISTEON CORP | COM NEW | 92839U206 |  | 1448088 | 15227 | SH |  | SOLE |  | 15227 | 0 | 0 |
| ACI WORLDWIDE INC | COM | 004498101 |  | 1919906 | 40157 | SH |  | SOLE |  | 40157 | 0 | 0 |
| PRIVIA HEALTH GROUP INC | COM | 74276R102 |  | 478397 | 20177 | SH |  | SOLE |  | 20177 | 0 | 0 |
| ZETA GLOBAL HOLDINGS CORP | CL A | 98956A105 |  | 560683 | 27552 | SH |  | SOLE |  | 27552 | 0 | 0 |
| PROVIDENT FINL SVCS INC | COM | 74386T105 |  | 309799 | 15686 | SH |  | SOLE |  | 15686 | 0 | 0 |
| ALIGNMENT HEALTHCARE INC | COM | 01625V104 |  | 523770 | 26520 | SH |  | SOLE |  | 26520 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 8112948 | 14228 | SH |  | SOLE |  | 14228 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 5753563 | 40022 | SH |  | SOLE |  | 40022 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 10576457 | 33836 | SH |  | SOLE |  | 33836 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 3898744 | 57905 | SH |  | SOLE |  | 57905 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 1646570 | 11576 | SH |  | SOLE |  | 11576 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 23760868 | 193587 | SH |  | SOLE |  | 193587 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 310051684 | 641106 | SH |  | SOLE |  | 641106 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 3266515 | 146612 | SH |  | SOLE |  | 146612 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 6869028 | 523554 | SH |  | SOLE |  | 523554 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 15016390 | 117628 | SH |  | SOLE |  | 117628 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 14332070 | 31613 | SH |  | SOLE |  | 31613 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 3020490 | 51553 | SH |  | SOLE |  | 51553 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 20759115 | 116933 | SH |  | SOLE |  | 116933 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 5956715 | 24730 | SH |  | SOLE |  | 24730 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 23034785 | 89633 | SH |  | SOLE |  | 89633 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 16826609 | 20513 | SH |  | SOLE |  | 20513 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 499869236 | 2680264 | SH |  | SOLE |  | 2680264 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 52611159 | 92158 | SH |  | SOLE |  | 92158 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 38079509 | 115354 | SH |  | SOLE |  | 115354 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 892115 | 14069 | SH |  | SOLE |  | 14069 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 16772201 | 147422 | SH |  | SOLE |  | 147422 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 12437154 | 24346 | SH |  | SOLE |  | 24346 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 3740123 | 17023 | SH |  | SOLE |  | 17023 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 25741835 | 97172 | SH |  | SOLE |  | 97172 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 5967877 | 27786 | SH |  | SOLE |  | 27786 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 27180952 | 178341 | SH |  | SOLE |  | 178341 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 4190370 | 45942 | SH |  | SOLE |  | 45942 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 2069804 | 55298 | SH |  | SOLE |  | 55298 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 5547337 | 24857 | SH |  | SOLE |  | 24857 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 6318639 | 46464 | SH |  | SOLE |  | 46464 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 3720280 | 61984 | SH |  | SOLE |  | 61984 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 19748266 | 107211 | SH |  | SOLE |  | 107211 | 0 | 0 |
| RINGCENTRAL INC | CL A | 76680R206 |  | 1449776 | 50200 | SH |  | SOLE |  | 50200 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 1489832 | 18693 | SH |  | SOLE |  | 18693 | 0 | 0 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 4531554 | 18054 | SH |  | SOLE |  | 18054 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 664153 | 21747 | SH |  | SOLE |  | 21747 | 0 | 0 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 5604254 | 34861 | SH |  | SOLE |  | 34861 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 2334240 | 59623 | SH |  | SOLE |  | 59623 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 3722691 | 13097 | SH |  | SOLE |  | 13097 | 0 | 0 |
| ELANCO ANIMAL HEALTH INC | COM | 28414H103 |  | 608385 | 26884 | SH |  | SOLE |  | 26884 | 0 | 0 |
| IONIS PHARMACEUTICALS INC | COM | 462222100 |  | 1456969 | 18417 | SH |  | SOLE |  | 18417 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 6980758 | 24640 | SH |  | SOLE |  | 24640 | 0 | 0 |
| INVESCO LTD | SHS | G491BT108 |  | 565593 | 21530 | SH |  | SOLE |  | 21530 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 2333737 | 83318 | SH |  | SOLE |  | 83318 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 1954380 | 80593 | SH |  | SOLE |  | 80593 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 2380214 | 29027 | SH |  | SOLE |  | 29027 | 0 | 0 |
| LKQ CORP | COM | 501889208 |  | 375416 | 12431 | SH |  | SOLE |  | 12431 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 2376906 | 23672 | SH |  | SOLE |  | 23672 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 6104953 | 44303 | SH |  | SOLE |  | 44303 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 9958221 | 29484 | SH |  | SOLE |  | 29484 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 3621789 | 30900 | SH |  | SOLE |  | 30900 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 12917132 | 160901 | SH |  | SOLE |  | 160901 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 50676881 | 285102 | SH |  | SOLE |  | 285102 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 12512705 | 110634 | SH |  | SOLE |  | 110634 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 6672349 | 45937 | SH |  | SOLE |  | 45937 | 0 | 0 |
| DOUBLEVERIFY HLDGS INC | COM | 25862V105 |  | 501484 | 43836 | SH |  | SOLE |  | 43836 | 0 | 0 |
| VANECK ETF TRUST | VANECK VIETNAM | 92189F817 |  | 2862000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 14284491 | 33501 | SH |  | SOLE |  | 33501 | 0 | 0 |
| PHINIA INC | COMMON STOCK | 71880K101 |  | 875717 | 13969 | SH |  | SOLE |  | 13969 | 0 | 0 |
| BLOCK H  R INC | COM | 093671105 |  | 3977024 | 91258 | SH |  | SOLE |  | 91258 | 0 | 0 |
| NEW YORK TIMES CO | CL A | 650111107 |  | 3330147 | 47971 | SH |  | SOLE |  | 47971 | 0 | 0 |
| NUTANIX INC | CL A | 67059N108 |  | 3020453 | 58434 | SH |  | SOLE |  | 58434 | 0 | 0 |
| MGIC INVT CORP WIS | COM | 552848103 |  | 2912007 | 99658 | SH |  | SOLE |  | 99658 | 0 | 0 |
| MACYS INC | COM | 55616P104 |  | 1773371 | 80425 | SH |  | SOLE |  | 80425 | 0 | 0 |
| CABOT CORP | COM | 127055101 |  | 727556 | 10977 | SH |  | SOLE |  | 10977 | 0 | 0 |
| STIFEL FINL CORP | COM | 860630102 |  | 2557493 | 20424 | SH |  | SOLE |  | 20424 | 0 | 0 |
| PORTLAND GEN ELEC CO | COM NEW | 736508847 |  | 839105 | 17485 | SH |  | SOLE |  | 17485 | 0 | 0 |
| HAMILTON LANE INC | CL A | 407497106 |  | 1456458 | 10844 | SH |  | SOLE |  | 10844 | 0 | 0 |
| EPLUS INC | COM | 294268107 |  | 1469589 | 16757 | SH |  | SOLE |  | 16757 | 0 | 0 |
| SCIENCE APPLICATIONS INTL CO | COM | 808625107 |  | 1356864 | 13477 | SH |  | SOLE |  | 13477 | 0 | 0 |
| UNITED CMNTY BKS BLAIRSVLE G | COM | 90984P303 |  | 1123483 | 35986 | SH |  | SOLE |  | 35986 | 0 | 0 |
| LAUREATE EDUCATION INC | COMMON STOCK | 518613203 |  | 2399930 | 71278 | SH |  | SOLE |  | 71278 | 0 | 0 |
| TRAVEL PLUS LEISURE CO | COM | 894164102 |  | 2253010 | 31944 | SH |  | SOLE |  | 31944 | 0 | 0 |
| FIRST BANCORP P R | COM NEW | 318672706 |  | 470903 | 22716 | SH |  | SOLE |  | 22716 | 0 | 0 |
| FRONTDOOR INC | COM | 35905A109 |  | 2073436 | 35941 | SH |  | SOLE |  | 35941 | 0 | 0 |
| IRIDIUM COMMUNICATIONS INC | COM | 46269C102 |  | 1454567 | 83692 | SH |  | SOLE |  | 83692 | 0 | 0 |
| HAYWARD HLDGS INC | COM | 421298100 |  | 825663 | 53441 | SH |  | SOLE |  | 53441 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 3050450 | 12159 | SH |  | SOLE |  | 12159 | 0 | 0 |
| MAPLEBEAR INC | COM | 565394103 |  | 2272570 | 50524 | SH |  | SOLE |  | 50524 | 0 | 0 |
| NORTHWEST BANCSHARES INC MD | COM | 667340103 |  | 762972 | 63581 | SH |  | SOLE |  | 63581 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 10388975 | 47849 | SH |  | SOLE |  | 47849 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 6378583 | 12496 | SH |  | SOLE |  | 12496 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 8602849 | 74105 | SH |  | SOLE |  | 74105 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 9456593 | 40881 | SH |  | SOLE |  | 40881 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 2699938 | 30026 | SH |  | SOLE |  | 30026 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 27181711 | 91765 | SH |  | SOLE |  | 91765 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 46734209 | 218221 | SH |  | SOLE |  | 218221 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 5603542 | 104097 | SH |  | SOLE |  | 104097 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 12561819 | 32276 | SH |  | SOLE |  | 32276 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 6432548 | 51125 | SH |  | SOLE |  | 51125 | 0 | 0 |
| BALL CORP | COM | 058498106 |  | 1816765 | 34298 | SH |  | SOLE |  | 34298 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 15192291 | 43225 | SH |  | SOLE |  | 43225 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 3698902 | 92173 | SH |  | SOLE |  | 92173 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 11816296 | 76924 | SH |  | SOLE |  | 76924 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 10388263 | 22313 | SH |  | SOLE |  | 22313 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 10072624 | 34726 | SH |  | SOLE |  | 34726 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 4277627 | 16701 | SH |  | SOLE |  | 16701 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 69381699 | 215324 | SH |  | SOLE |  | 215324 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 127019816 | 282442 | SH |  | SOLE |  | 282442 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 37724385 | 75051 | SH |  | SOLE |  | 75051 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 10554237 | 35655 | SH |  | SOLE |  | 35655 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 21620632 | 61775 | SH |  | SOLE |  | 61775 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 9948393 | 28192 | SH |  | SOLE |  | 28192 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 32062722 | 304605 | SH |  | SOLE |  | 304605 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 11929844 | 323302 | SH |  | SOLE |  | 323302 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 5425726 | 12191 | SH |  | SOLE |  | 12191 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 19837457 | 796685 | SH |  | SOLE |  | 796685 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 44764390 | 195914 | SH |  | SOLE |  | 195914 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 1254459 | 18901 | SH |  | SOLE |  | 18901 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 23069791 | 70483 | SH |  | SOLE |  | 70483 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 5510433 | 24685 | SH |  | SOLE |  | 24685 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 7891046 | 11664 | SH |  | SOLE |  | 11664 | 0 | 0 |
| DROPBOX INC | CL A | 26210C104 |  | 2468529 | 88796 | SH |  | SOLE |  | 88796 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 |  | 2733655 | 100539 | SH |  | SOLE |  | 100539 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 5340435 | 39216 | SH |  | SOLE |  | 39216 | 0 | 0 |
| SMITH A O CORP | COM | 831865209 |  | 770524 | 11521 | SH |  | SOLE |  | 11521 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 5094566 | 52451 | SH |  | SOLE |  | 52451 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 |  | 1701405 | 65138 | SH |  | SOLE |  | 65138 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 4829538 | 65708 | SH |  | SOLE |  | 65708 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 4015501 | 20567 | SH |  | SOLE |  | 20567 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 5070512 | 34028 | SH |  | SOLE |  | 34028 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 2567642 | 30776 | SH |  | SOLE |  | 30776 | 0 | 0 |
| F5 INC | COM | 315616102 |  | 2683548 | 10513 | SH |  | SOLE |  | 10513 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 1974629 | 36172 | SH |  | SOLE |  | 36172 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 5114455 | 19976 | SH |  | SOLE |  | 19976 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 4251736 | 20960 | SH |  | SOLE |  | 20960 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 7217424 | 41896 | SH |  | SOLE |  | 41896 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 7914941 | 26961 | SH |  | SOLE |  | 26961 | 0 | 0 |
| MUELLER WTR PRODS INC | COM SER A | 624758108 |  | 1668615 | 70051 | SH |  | SOLE |  | 70051 | 0 | 0 |
| BRIGHT HORIZONS FAM SOL IN D | COM | 109194100 |  | 1677967 | 16548 | SH |  | SOLE |  | 16548 | 0 | 0 |
| LIFE TIME GROUP HOLDINGS INC | COMMON STOCK | 53190C102 |  | 832964 | 31338 | SH |  | SOLE |  | 31338 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 3534166 | 21797 | SH |  | SOLE |  | 21797 | 0 | 0 |
| DIGITALOCEAN HLDGS INC | COM | 25402D102 |  | 601211 | 12494 | SH |  | SOLE |  | 12494 | 0 | 0 |
| ENVISTA HOLDINGS CORPORATION | COM | 29415F104 |  | 455150 | 20965 | SH |  | SOLE |  | 20965 | 0 | 0 |
| PURE STORAGE INC | CL A | 74624M102 |  | 2699029 | 40278 | SH |  | SOLE |  | 40278 | 0 | 0 |
| YETI HLDGS INC | COM | 98585X104 |  | 502699 | 11381 | SH |  | SOLE |  | 11381 | 0 | 0 |
| EXLSERVICE HOLDINGS INC | COM | 302081104 |  | 2125862 | 50091 | SH |  | SOLE |  | 50091 | 0 | 0 |
| ITT INC | COM | 45073V108 |  | 2679515 | 15443 | SH |  | SOLE |  | 15443 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 1395463 | 11020 | SH |  | SOLE |  | 11020 | 0 | 0 |
| F N B CORP | COM | 302520101 |  | 2371001 | 138655 | SH |  | SOLE |  | 138655 | 0 | 0 |
| GLOBUS MED INC | CL A | 379577208 |  | 1321088 | 15131 | SH |  | SOLE |  | 15131 | 0 | 0 |
| TETRA TECH INC NEW | COM | 88162G103 |  | 1580606 | 47126 | SH |  | SOLE |  | 47126 | 0 | 0 |
| ARMSTRONG WORLD INDS INC NEW | COM | 04247X102 |  | 2027762 | 10611 | SH |  | SOLE |  | 10611 | 0 | 0 |
| DOLBY LABORATORIES INC | COM CL A | 25659T107 |  | 2210581 | 34422 | SH |  | SOLE |  | 34422 | 0 | 0 |
| SLM CORP | COM | 78442P106 |  | 611258 | 22589 | SH |  | SOLE |  | 22589 | 0 | 0 |
| NMI HLDGS INC | COM | 629209305 |  | 1233938 | 30251 | SH |  | SOLE |  | 30251 | 0 | 0 |
| NEXTPOWER INC | CLASS A COM | 65290E101 |  | 4466739 | 51277 | SH |  | SOLE |  | 51277 | 0 | 0 |
| AXCELIS TECHNOLOGIES INC | COM NEW | 054540208 |  | 1803312 | 22446 | SH |  | SOLE |  | 22446 | 0 | 0 |
| SEACOAST BKG CORP FLA | COM NEW | 811707801 |  | 1073590 | 34169 | SH |  | SOLE |  | 34169 | 0 | 0 |
| PLANET FITNESS INC | CL A | 72703H101 |  | 1269099 | 11700 | SH |  | SOLE |  | 11700 | 0 | 0 |
| STRATEGIC ED INC | COM | 86272C103 |  | 1160815 | 14474 | SH |  | SOLE |  | 14474 | 0 | 0 |
| OPENDOOR TECHNOLOGIES INC | COM | 683712103 |  | 205000 | 35163 | SH |  | SOLE |  | 35163 | 0 | 0 |
| MADDEN STEVEN LTD | COM | 556269108 |  | 447505 | 10747 | SH |  | SOLE |  | 10747 | 0 | 0 |
| CALIX INC | COM | 13100M509 |  | 1762251 | 33294 | SH |  | SOLE |  | 33294 | 0 | 0 |
| OFG BANCORP | COM | 67103X102 |  | 499095 | 12179 | SH |  | SOLE |  | 12179 | 0 | 0 |
| ENERPAC TOOL GROUP CORP | CL A COM | 292765104 |  | 741550 | 19392 | SH |  | SOLE |  | 19392 | 0 | 0 |
| TRUSTMARK CORP | COM | 898402102 |  | 419102 | 10760 | SH |  | SOLE |  | 10760 | 0 | 0 |
| VICTORY CAP HLDGS INC | COM CL A | 92645B103 |  | 2534767 | 40177 | SH |  | SOLE |  | 40177 | 0 | 0 |
| SOTERA HEALTH CO | COM | 83601L102 |  | 317555 | 18002 | SH |  | SOLE |  | 18002 | 0 | 0 |
| PILGRIMS PRIDE CORP | COM | 72147K108 |  | 497395 | 12757 | SH |  | SOLE |  | 12757 | 0 | 0 |
| COEUR MNG INC | COM NEW | 192108504 |  | 515216 | 28896 | SH |  | SOLE |  | 28896 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R606 |  | 24853500 | 1050000 | SH |  | SOLE |  | 1050000 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 23133201 | 149131 | SH |  | SOLE |  | 149131 | 0 | 0 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 17936701 | 184496 | SH |  | SOLE |  | 184496 | 0 | 0 |
| ISHARES INC | MSCI TAIWAN ETF | 46434G772 |  | 4961693 | 78100 | SH |  | SOLE |  | 78100 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 7207286 | 53332 | SH |  | SOLE |  | 53332 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 13012042 | 56841 | SH |  | SOLE |  | 56841 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 9131765 | 37866 | SH |  | SOLE |  | 37866 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 28372464 | 145567 | SH |  | SOLE |  | 145567 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 4947397 | 15947 | SH |  | SOLE |  | 15947 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 6649059 | 43952 | SH |  | SOLE |  | 43952 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 7301426 | 99083 | SH |  | SOLE |  | 99083 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 4432417 | 19815 | SH |  | SOLE |  | 19815 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 3082776 | 30574 | SH |  | SOLE |  | 30574 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 11336129 | 55832 | SH |  | SOLE |  | 55832 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 8465729 | 107134 | SH |  | SOLE |  | 107134 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 6816969 | 78042 | SH |  | SOLE |  | 78042 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 57468980 | 277695 | SH |  | SOLE |  | 277695 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 18367843 | 192636 | SH |  | SOLE |  | 192636 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 10004207 | 12961 | SH |  | SOLE |  | 12961 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 7281032 | 85408 | SH |  | SOLE |  | 85408 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 4235245 | 41983 | SH |  | SOLE |  | 41983 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 3978685 | 27624 | SH |  | SOLE |  | 27624 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 47294794 | 504424 | SH |  | SOLE |  | 504424 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 9026073 | 154609 | SH |  | SOLE |  | 154609 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 3016821 | 17142 | SH |  | SOLE |  | 17142 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 1165036 | 28981 | SH |  | SOLE |  | 28981 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 24672402 | 42579 | SH |  | SOLE |  | 42579 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 23581588 | 288601 | SH |  | SOLE |  | 288601 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 1035603 | 12276 | SH |  | SOLE |  | 12276 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 2680961 | 19684 | SH |  | SOLE |  | 19684 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 13272939 | 28315 | SH |  | SOLE |  | 28315 | 0 | 0 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 1738299 | 10908 | SH |  | SOLE |  | 10908 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 7197701 | 14679 | SH |  | SOLE |  | 14679 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 |  | 3472444 | 33344 | SH |  | SOLE |  | 33344 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 3288746 | 11791 | SH |  | SOLE |  | 11791 | 0 | 0 |
| SEI INVTS CO | COM | 784117103 |  | 1058058 | 12900 | SH |  | SOLE |  | 12900 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 1166131 | 30720 | SH |  | SOLE |  | 30720 | 0 | 0 |
| TRADEWEB MKTS INC | CL A | 892672106 |  | 1470610 | 13675 | SH |  | SOLE |  | 13675 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 3508114 | 28273 | SH |  | SOLE |  | 28273 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 1259664 | 44796 | SH |  | SOLE |  | 44796 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 6369339 | 24612 | SH |  | SOLE |  | 24612 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 4184485 | 36289 | SH |  | SOLE |  | 36289 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 8815285 | 64952 | SH |  | SOLE |  | 64952 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 11002095 | 84204 | SH |  | SOLE |  | 84204 | 0 | 0 |
| PROGRESS SOFTWARE CORP | COM | 743312100 |  | 684911 | 15943 | SH |  | SOLE |  | 15943 | 0 | 0 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 3269756 | 21765 | SH |  | SOLE |  | 21765 | 0 | 0 |
| MOELIS  CO | CL A | 60786M105 |  | 1303998 | 18970 | SH |  | SOLE |  | 18970 | 0 | 0 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 4775675 | 26741 | SH |  | SOLE |  | 26741 | 0 | 0 |
| BJS WHSL CLUB HLDGS INC | COM | 05550J101 |  | 1924211 | 21373 | SH |  | SOLE |  | 21373 | 0 | 0 |
| BANK OZK LITTLE ROCK ARK | COM | 06417N103 |  | 808617 | 17571 | SH |  | SOLE |  | 17571 | 0 | 0 |
| RAMBUS INC DEL | COM | 750917106 |  | 2224841 | 24212 | SH |  | SOLE |  | 24212 | 0 | 0 |
| API GROUP CORP | COM STK | 00187Y100 |  | 2233313 | 58372 | SH |  | SOLE |  | 58372 | 0 | 0 |
| RLI CORP | COM | 749607107 |  | 1044474 | 16325 | SH |  | SOLE |  | 16325 | 0 | 0 |
| GAP INC | COM | 364760108 |  | 716698 | 27996 | SH |  | SOLE |  | 27996 | 0 | 0 |
| RADIAN GROUP INC | COM | 750236101 |  | 965036 | 26814 | SH |  | SOLE |  | 26814 | 0 | 0 |
| DONALDSON INC | COM | 257651109 |  | 1901846 | 21451 | SH |  | SOLE |  | 21451 | 0 | 0 |
| OLD REP INTL CORP | COM | 680223104 |  | 1641580 | 35968 | SH |  | SOLE |  | 35968 | 0 | 0 |
| MDU RES GROUP INC | COM | 552690109 |  | 637953 | 32682 | SH |  | SOLE |  | 32682 | 0 | 0 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 326484 | 11681 | SH |  | SOLE |  | 11681 | 0 | 0 |
| HEALTHEQUITY INC | COM | 42226A107 |  | 1352164 | 14760 | SH |  | SOLE |  | 14760 | 0 | 0 |
| TELEPHONE  DATA SYS INC | COM NEW | 879433829 |  | 691219 | 16859 | SH |  | SOLE |  | 16859 | 0 | 0 |
| KONTOOR BRANDS INC | COM | 50050N103 |  | 1582353 | 25902 | SH |  | SOLE |  | 25902 | 0 | 0 |
| LCI INDS | COM | 50189K103 |  | 1698396 | 13997 | SH |  | SOLE |  | 13997 | 0 | 0 |
| NBT BANCORP INC | COM | 628778102 |  | 916388 | 22071 | SH |  | SOLE |  | 22071 | 0 | 0 |
| AMICUS THERAPEUTICS INC | COM | 03152W109 |  | 254953 | 17904 | SH |  | SOLE |  | 17904 | 0 | 0 |
| FIRST HAWAIIAN INC | COM | 32051X108 |  | 1073353 | 42425 | SH |  | SOLE |  | 42425 | 0 | 0 |
| FIRST MERCHANTS CORP | COM | 320817109 |  | 1673744 | 44657 | SH |  | SOLE |  | 44657 | 0 | 0 |
| PRIMORIS SVCS CORP | COM | 74164F103 |  | 1623627 | 13079 | SH |  | SOLE |  | 13079 | 0 | 0 |
| DOXIMITY INC | CL A | 26622P107 |  | 1782890 | 40264 | SH |  | SOLE |  | 40264 | 0 | 0 |
| SOLVENTUM CORP | COM SHS | 83444M101 |  | 1517288 | 19148 | SH |  | SOLE |  | 19148 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 9784523 | 43007 | SH |  | SOLE |  | 43007 | 0 | 0 |
| ASTERA LABS INC | COM | 04626A103 |  | 4169980 | 25066 | SH |  | SOLE |  | 25066 | 0 | 0 |
| LAZARD INC | COM | 52110M109 |  | 563053 | 11595 | SH |  | SOLE |  | 11595 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 112882000 | 1400000 | SH |  | SOLE |  | 1400000 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 18564291 | 76598 | SH |  | SOLE |  | 76598 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 2372774 | 17199 | SH |  | SOLE |  | 17199 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 9745607 | 60872 | SH |  | SOLE |  | 60872 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 20704854 | 135158 | SH |  | SOLE |  | 135158 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 21066648 | 40312 | SH |  | SOLE |  | 40312 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 4331863 | 69332 | SH |  | SOLE |  | 69332 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 2920511 | 36370 | SH |  | SOLE |  | 36370 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 28984146 | 32974 | SH |  | SOLE |  | 32974 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 203857685 | 883189 | SH |  | SOLE |  | 883189 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 62834256 | 179163 | SH |  | SOLE |  | 179163 | 0 | 0 |
| ZOOM COMMUNICATIONS INC | CL A | 98980L101 |  | 4147701 | 48067 | SH |  | SOLE |  | 48067 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 6095445 | 21220 | SH |  | SOLE |  | 21220 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 17665368 | 56598 | SH |  | SOLE |  | 56598 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 16485789 | 72395 | SH |  | SOLE |  | 72395 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 796722 | 15078 | SH |  | SOLE |  | 15078 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 3122925 | 61487 | SH |  | SOLE |  | 61487 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 3633657 | 27704 | SH |  | SOLE |  | 27704 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 14237270 | 573159 | SH |  | SOLE |  | 573159 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 6868313 | 68745 | SH |  | SOLE |  | 68745 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 8791373 | 66240 | SH |  | SOLE |  | 66240 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 53010516 | 475772 | SH |  | SOLE |  | 475772 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 20373657 | 162612 | SH |  | SOLE |  | 162612 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 4498866 | 55323 | SH |  | SOLE |  | 55323 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 3428073 | 73722 | SH |  | SOLE |  | 73722 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 171779467 | 496329 | SH |  | SOLE |  | 496329 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 21435644 | 125318 | SH |  | SOLE |  | 125318 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 5815221 | 65865 | SH |  | SOLE |  | 65865 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 5299851 | 11283 | SH |  | SOLE |  | 11283 | 0 | 0 |
| DYNATRACE INC | COM NEW | 268150109 |  | 3384031 | 78081 | SH |  | SOLE |  | 78081 | 0 | 0 |
| GARTNER INC | COM | 366651107 |  | 3406537 | 13503 | SH |  | SOLE |  | 13503 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 1804698 | 20644 | SH |  | SOLE |  | 20644 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 3671136 | 23057 | SH |  | SOLE |  | 23057 | 0 | 0 |
| FRANKLIN RESOURCES INC | COM | 354613101 |  | 494475 | 20698 | SH |  | SOLE |  | 20698 | 0 | 0 |
| COGNEX CORP | COM | 192422103 |  | 1770468 | 49207 | SH |  | SOLE |  | 49207 | 0 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 3666861 | 22452 | SH |  | SOLE |  | 22452 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 301436 | 18746 | SH |  | SOLE |  | 18746 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 2591257 | 29376 | SH |  | SOLE |  | 29376 | 0 | 0 |
| ROLLINS INC | COM | 775711104 |  | 1394085 | 23227 | SH |  | SOLE |  | 23227 | 0 | 0 |
| EAST WEST BANCORP INC | COM | 27579R104 |  | 1667980 | 14841 | SH |  | SOLE |  | 14841 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 1133324 | 11587 | SH |  | SOLE |  | 11587 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 3345345 | 11729 | SH |  | SOLE |  | 11729 | 0 | 0 |
| VOYA FINANCIAL INC | COM | 929089100 |  | 1705076 | 22890 | SH |  | SOLE |  | 22890 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 3112409 | 15181 | SH |  | SOLE |  | 15181 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 6888330 | 25013 | SH |  | SOLE |  | 25013 | 0 | 0 |
| BENTLEY SYS INC | COM CL B | 08265T208 |  | 960422 | 25165 | SH |  | SOLE |  | 25165 | 0 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 4045046 | 154509 | SH |  | SOLE |  | 154509 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 |  | 5447242 | 67225 | SH |  | SOLE |  | 67225 | 0 | 0 |
| SOUTHWEST GAS HLDGS INC | COM | 844895102 |  | 1143886 | 14295 | SH |  | SOLE |  | 14295 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 1612268 | 19669 | SH |  | SOLE |  | 19669 | 0 | 0 |
| TOAST INC | CL A | 888787108 |  | 2805077 | 78994 | SH |  | SOLE |  | 78994 | 0 | 0 |
| ALBERTSONS COS INC | COMMON STOCK | 013091103 |  | 1712175 | 99719 | SH |  | SOLE |  | 99719 | 0 | 0 |
| CVB FINL CORP | COM | 126600105 |  | 1202490 | 64650 | SH |  | SOLE |  | 64650 | 0 | 0 |
| COMMUNITY FINANCIAL SYSTEM I | COM | 203607106 |  | 1231284 | 21436 | SH |  | SOLE |  | 21436 | 0 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 925487 | 60371 | SH |  | SOLE |  | 60371 | 0 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 342433 | 13060 | SH |  | SOLE |  | 13060 | 0 | 0 |
| SCOTTS MIRACLE-GRO CO | CL A | 810186106 |  | 2837152 | 48623 | SH |  | SOLE |  | 48623 | 0 | 0 |
| US FOODS HLDG CORP | COM | 912008109 |  | 3338258 | 44321 | SH |  | SOLE |  | 44321 | 0 | 0 |
| MAXIMUS INC | COM | 577933104 |  | 1605034 | 18594 | SH |  | SOLE |  | 18594 | 0 | 0 |
| CIRRUS LOGIC INC | COM | 172755100 |  | 1697868 | 14328 | SH |  | SOLE |  | 14328 | 0 | 0 |
| SPX TECHNOLOGIES INC | COM | 78473E103 |  | 2130439 | 10649 | SH |  | SOLE |  | 10649 | 0 | 0 |
| BOYD GAMING CORP | COM | 103304101 |  | 2082669 | 24433 | SH |  | SOLE |  | 24433 | 0 | 0 |
| ZURN ELKAY WATER SOLNS CORP | COM | 98983L108 |  | 1795351 | 38618 | SH |  | SOLE |  | 38618 | 0 | 0 |
| ABERCROMBIE  FITCH CO | CL A | 002896207 |  | 1292937 | 10272 | SH |  | SOLE |  | 10272 | 0 | 0 |
| NEW JERSEY RES CORP | COM | 646025106 |  | 1266086 | 27452 | SH |  | SOLE |  | 27452 | 0 | 0 |
| CROCS INC | COM | 227046109 |  | 1492153 | 17448 | SH |  | SOLE |  | 17448 | 0 | 0 |
| COMMVAULT SYS INC | COM | 204166102 |  | 1478120 | 11791 | SH |  | SOLE |  | 11791 | 0 | 0 |
| PARSONS CORP DEL | COM | 70202L102 |  | 1115552 | 18051 | SH |  | SOLE |  | 18051 | 0 | 0 |
| EXTREME NETWORKS | COM | 30226D106 |  | 291891 | 17531 | SH |  | SOLE |  | 17531 | 0 | 0 |
| INTERDIGITAL INC | COM | 45867G101 |  | 3506956 | 11015 | SH |  | SOLE |  | 11015 | 0 | 0 |
| ARTISAN PARTNERS ASSET MGMT | CL A | 04316A108 |  | 2087110 | 51230 | SH |  | SOLE |  | 51230 | 0 | 0 |
| BGC GROUP INC | CL A | 088929104 |  | 974388 | 109114 | SH |  | SOLE |  | 109114 | 0 | 0 |
| ONE GAS INC | COM | 68235P108 |  | 801469 | 10375 | SH |  | SOLE |  | 10375 | 0 | 0 |
| OTTER TAIL CORP | COM | 689648103 |  | 1867196 | 23106 | SH |  | SOLE |  | 23106 | 0 | 0 |
| SKYWARD SPECIALTY INS GROUP | COM | 830940102 |  | 1430364 | 27986 | SH |  | SOLE |  | 27986 | 0 | 0 |
| CATALYST PHARMACEUTICALS INC | COM | 14888U101 |  | 866824 | 37139 | SH |  | SOLE |  | 37139 | 0 | 0 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 1373696 | 68702 | SH |  | SOLE |  | 68702 | 0 | 0 |
| COMMSCOPE HLDG CO INC | COM | 20337X109 |  | 1721407 | 94948 | SH |  | SOLE |  | 94948 | 0 | 0 |

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