# EDGAR Filing Document

**Accession Number:** 0001350694
**File Stem:** 0001172661-25-003151
**Filing Date:** 2025-8
**Character Count:** 60784
**Document Hash:** 1a2fc68da98fc3dd3cea37296413012e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-003151.hdr.sgml**: 20250813

**ACCESSION NUMBER**: 0001172661-25-003151

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250813

**DATE AS OF CHANGE**: 20250813

**EFFECTIVENESS DATE**: 20250813

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bridgewater Associates, LP
- **CENTRAL INDEX KEY:** 0001350694

**ORGANIZATION NAME:**
- **EIN:** 132871809
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11794
- **FILM NUMBER:** 251211165

**BUSINESS ADDRESS:**
- **STREET 1:** ONE NYALA FARMS ROAD
- **CITY:** WESTPORT
- **STATE:** CT
- **ZIP:** 06880
- **BUSINESS PHONE:** 203-226-3030

**MAIL ADDRESS:**
- **STREET 1:** ONE NYALA FARMS ROAD
- **CITY:** WESTPORT
- **STATE:** CT
- **ZIP:** 06880

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Bridgewater Associates, Inc.
- **DATE OF NAME CHANGE:** 20060123

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Bridgewater Associates LP<br>**Address:** One Nyala Farms Road<br>Westport, CT 06880

**Form 13F File Number:** 028-11794

**CRD Number (if applicable):** 000105129

**SEC File Number (if applicable):** 801-35875

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:** Michael Kitson<br>**Title:** Chief Compliance Officer and Counsel<br>**Phone:** 203-226-3030

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

Michael Kitson  Westport, CT  08-13-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 585

**Form 13F Information Table Value Total:** $24791713463

      (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 |
| ABBOTT LABS | COM | 002824100 |  | 7737609 | 56890 | SH |  | SOLE |  | 56890 | 0 | 0 |
| ALAMOS GOLD INC NEW | COM CL A | 011532108 |  | 4944967 | 186181 | SH |  | SOLE |  | 186181 | 0 | 0 |
| BLOCK H  R INC | COM | 093671105 |  | 34735380 | 632818 | SH |  | SOLE |  | 632818 | 0 | 0 |
| BRADY CORP | CL A | 104674106 |  | 516368 | 7597 | SH |  | SOLE |  | 7597 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 |  | 259682 | 2348 | SH |  | SOLE |  | 2348 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 18199229 | 191591 | SH |  | SOLE |  | 191591 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 12635503 | 262747 | SH |  | SOLE |  | 262747 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 17693291 | 194325 | SH |  | SOLE |  | 194325 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 2595843 | 7415 | SH |  | SOLE |  | 7415 | 0 | 0 |
| ASTERA LABS INC | COM | 04626A103 |  | 7255030 | 80237 | SH |  | SOLE |  | 80237 | 0 | 0 |
| BLUE OWL CAPITAL CORPORATION | COM | 69121K104 |  | 176454 | 12305 | SH |  | SOLE |  | 12305 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 249066995 | 1755229 | SH |  | SOLE |  | 1755229 | 0 | 0 |
| AXSOME THERAPEUTICS INC | COM | 05464T104 |  | 11200212 | 107292 | SH |  | SOLE |  | 107292 | 0 | 0 |
| ABERCROMBIE  FITCH CO | CL A | 002896207 |  | 8576549 | 103519 | SH |  | SOLE |  | 103519 | 0 | 0 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 4958790 | 744563 | SH |  | SOLE |  | 744563 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 15674910 | 523719 | SH |  | SOLE |  | 523719 | 0 | 0 |
| BELLRING BRANDS INC | COMMON STOCK | 07831C103 |  | 423237 | 7306 | SH |  | SOLE |  | 7306 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 34629372 | 404596 | SH |  | SOLE |  | 404596 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 43388772 | 620904 | SH |  | SOLE |  | 620904 | 0 | 0 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 4441791 | 99125 | SH |  | SOLE |  | 99125 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 111054961 | 598292 | SH |  | SOLE |  | 598292 | 0 | 0 |
| AFFILIATED MANAGERS GROUP IN | COM | 008252108 |  | 21693499 | 110248 | SH |  | SOLE |  | 110248 | 0 | 0 |
| AMDOCS LTD | SHS | G02602103 |  | 29075268 | 318668 | SH |  | SOLE |  | 318668 | 0 | 0 |
| ASSOCIATED BANC CORP | COM | 045487105 |  | 10088289 | 413624 | SH |  | SOLE |  | 413624 | 0 | 0 |
| ALCOA CORP | COM | 013872106 |  | 7731207 | 261986 | SH |  | SOLE |  | 261986 | 0 | 0 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 27381175 | 263737 | SH |  | SOLE |  | 263737 | 0 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 5864791 | 52411 | SH |  | SOLE |  | 52411 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 5186184 | 48284 | SH |  | SOLE |  | 48284 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 282228186 | 729498 | SH |  | SOLE |  | 729498 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 272904706 | 1243925 | SH |  | SOLE |  | 1243925 | 0 | 0 |
| BILL HOLDINGS INC | COM | 090043100 |  | 454227 | 9819 | SH |  | SOLE |  | 9819 | 0 | 0 |
| ARMSTRONG WORLD INDS INC NEW | COM | 04247X102 |  | 2700403 | 16624 | SH |  | SOLE |  | 16624 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 76620282 | 473725 | SH |  | SOLE |  | 473725 | 0 | 0 |
| BOYD GAMING CORP | COM | 103304101 |  | 11531963 | 147411 | SH |  | SOLE |  | 147411 | 0 | 0 |
| ANGLOGOLD ASHANTI PLC | COM SHS | G0378L100 |  | 21674869 | 475639 | SH |  | SOLE |  | 475639 | 0 | 0 |
| ASGN INC | COM | 00191U102 |  | 964448 | 19316 | SH |  | SOLE |  | 19316 | 0 | 0 |
| ADTALEM GLOBAL ED INC | COM | 00737L103 |  | 23140338 | 181878 | SH |  | SOLE |  | 181878 | 0 | 0 |
| ACUITY INC | COM | 00508Y102 |  | 2479504 | 8311 | SH |  | SOLE |  | 8311 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 92138033 | 900577 | SH |  | SOLE |  | 900577 | 0 | 0 |
| B2GOLD CORP | COM | 11777Q209 |  | 261194 | 72439 | SH |  | SOLE |  | 72439 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 80067630 | 397733 | SH |  | SOLE |  | 397733 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 1615016 | 9376 | SH |  | SOLE |  | 9376 | 0 | 0 |
| BGC GROUP INC | CL A | 088929104 |  | 797960 | 78002 | SH |  | SOLE |  | 78002 | 0 | 0 |
| ALLEGRO MICROSYSTEMS INC | COM | 01749D105 |  | 2643605 | 77321 | SH |  | SOLE |  | 77321 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 4493755 | 187866 | SH |  | SOLE |  | 187866 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 37786083 | 317717 | SH |  | SOLE |  | 317717 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 986962722 | 5600424 | SH |  | SOLE |  | 5600424 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 369014 | 2467 | SH |  | SOLE |  | 2467 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 2075926 | 7435 | SH |  | SOLE |  | 7435 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 5356655 | 51442 | SH |  | SOLE |  | 51442 | 0 | 0 |
| ALBERTSONS COS INC | COMMON STOCK | 013091103 |  | 4250484 | 197605 | SH |  | SOLE |  | 197605 | 0 | 0 |
| BLACKLINE INC | COM | 09239B109 |  | 2392195 | 42250 | SH |  | SOLE |  | 42250 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 18766871 | 141808 | SH |  | SOLE |  | 141808 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 178369 | 19409 | SH |  | SOLE |  | 19409 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 440867994 | 76153 | SH |  | SOLE |  | 76153 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 12519198 | 227746 | SH |  | SOLE |  | 227746 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 25271632 | 627399 | SH |  | SOLE |  | 627399 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 9144661 | 11411 | SH |  | SOLE |  | 11411 | 0 | 0 |
| ARROW ELECTRS INC | COM | 042735100 |  | 16288485 | 127823 | SH |  | SOLE |  | 127823 | 0 | 0 |
| BRIGHT HORIZONS FAM SOL IN D | COM | 109194100 |  | 382511 | 3095 | SH |  | SOLE |  | 3095 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 766276 | 3467 | SH |  | SOLE |  | 3467 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 |  | 512943 | 16940 | SH |  | SOLE |  | 16940 | 0 | 0 |
| BATH  BODY WORKS INC | COM | 070830104 |  | 7876244 | 262892 | SH |  | SOLE |  | 262892 | 0 | 0 |
| AMERICAN FINL GROUP INC OHIO | COM | 025932104 |  | 4302751 | 34092 | SH |  | SOLE |  | 34092 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 20920615 | 39197 | SH |  | SOLE |  | 39197 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 59266536 | 291824 | SH |  | SOLE |  | 291824 | 0 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 1034113 | 18739 | SH |  | SOLE |  | 18739 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 221085874 | 3770866 | SH |  | SOLE |  | 3770866 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 142938249 | 4939124 | SH |  | SOLE |  | 4939124 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 |  | 20988244 | 626889 | SH |  | SOLE |  | 626889 | 0 | 0 |
| AMERANT BANCORP INC | CL A | 023576101 |  | 1745231 | 95734 | SH |  | SOLE |  | 95734 | 0 | 0 |
| ASSURED GUARANTY LTD | COM | G0585R106 |  | 10508789 | 120652 | SH |  | SOLE |  | 120652 | 0 | 0 |
| ADT INC DEL | COM | 00090Q103 |  | 16218034 | 1914762 | SH |  | SOLE |  | 1914762 | 0 | 0 |
| AECOM | COM | 00766T100 |  | 11828292 | 104805 | SH |  | SOLE |  | 104805 | 0 | 0 |
| AUTONATION INC | COM | 05329W102 |  | 251888 | 1268 | SH |  | SOLE |  | 1268 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 50290624 | 551977 | SH |  | SOLE |  | 551977 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 73207118 | 356812 | SH |  | SOLE |  | 356812 | 0 | 0 |
| BJS WHSL CLUB HLDGS INC | COM | 05550J101 |  | 798805 | 7408 | SH |  | SOLE |  | 7408 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 5819710 | 40381 | SH |  | SOLE |  | 40381 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 35263141 | 1693808 | SH |  | SOLE |  | 1693808 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 428454 | 2263 | SH |  | SOLE |  | 2263 | 0 | 0 |
| BRIGHTHOUSE FINL INC | COM | 10922N103 |  | 16525672 | 307340 | SH |  | SOLE |  | 307340 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 2048497 | 52593 | SH |  | SOLE |  | 52593 | 0 | 0 |
| ALASKA AIR GROUP INC | COM | 011659109 |  | 8802096 | 177892 | SH |  | SOLE |  | 177892 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 117993255 | 1736983 | SH |  | SOLE |  | 1736983 | 0 | 0 |
| CLEAN HARBORS INC | COM | 184496107 |  | 360641 | 1560 | SH |  | SOLE |  | 1560 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 11961164 | 72646 | SH |  | SOLE |  | 72646 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 16589787 | 138699 | SH |  | SOLE |  | 138699 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 22885240 | 58837 | SH |  | SOLE |  | 58837 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 33854864 | 112906 | SH |  | SOLE |  | 112906 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 3901993 | 119583 | SH |  | SOLE |  | 119583 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 80208036 | 1477672 | SH |  | SOLE |  | 1477672 | 0 | 0 |
| COMERICA INC | COM | 200340107 |  | 9901125 | 165987 | SH |  | SOLE |  | 165987 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 240295 | 5654 | SH |  | SOLE |  | 5654 | 0 | 0 |
| BRINKER INTL INC | COM | 109641100 |  | 14902111 | 82638 | SH |  | SOLE |  | 82638 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 18539808 | 178290 | SH |  | SOLE |  | 178290 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 45906938 | 787156 | SH |  | SOLE |  | 787156 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 8370782 | 65122 | SH |  | SOLE |  | 65122 | 0 | 0 |
| CGI INC | CL A SUB VTG | 12532H104 |  | 2752563 | 26263 | SH |  | SOLE |  | 26263 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 15969642 | 112107 | SH |  | SOLE |  | 112107 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 |  | 6566428 | 12246 | SH |  | SOLE |  | 12246 | 0 | 0 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 11218574 | 22963 | SH |  | SOLE |  | 22963 | 0 | 0 |
| CNO FINL GROUP INC | COM | 12621E103 |  | 10411353 | 269864 | SH |  | SOLE |  | 269864 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 46801168 | 145003 | SH |  | SOLE |  | 145003 | 0 | 0 |
| ENCORE ENERGY CORP | COM NEW | 29259W700 |  | 515289 | 180171 | SH |  | SOLE |  | 180171 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 4541643 | 82222 | SH |  | SOLE |  | 82222 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 130027278 | 1874132 | SH |  | SOLE |  | 1874132 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 141402444 | 1899039 | SH |  | SOLE |  | 1899039 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 1182904 | 8872 | SH |  | SOLE |  | 8872 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 730100 | 9779 | SH |  | SOLE |  | 9779 | 0 | 0 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 161351851 | 3409082 | SH |  | SOLE |  | 3409082 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 24807896 | 25060 | SH |  | SOLE |  | 25060 | 0 | 0 |
| DENISON MINES CORP | COM | 248356107 |  | 8402955 | 4617008 | SH |  | SOLE |  | 4617008 | 0 | 0 |
| COCA COLA CONS INC | COM | 191098102 |  | 327581 | 2934 | SH |  | SOLE |  | 2934 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 4270994 | 76064 | SH |  | SOLE |  | 76064 | 0 | 0 |
| ESCO TECHNOLOGIES INC | COM | 296315104 |  | 462982 | 2413 | SH |  | SOLE |  | 2413 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 317826380 | 1153007 | SH |  | SOLE |  | 1153007 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 177014394 | 718082 | SH |  | SOLE |  | 718082 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 17405191 | 405810 | SH |  | SOLE |  | 405810 | 0 | 0 |
| COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 |  | 2873207 | 30988 | SH |  | SOLE |  | 30988 | 0 | 0 |
| BRINKS CO | COM | 109696104 |  | 1621685 | 18162 | SH |  | SOLE |  | 18162 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 4247295 | 14660 | SH |  | SOLE |  | 14660 | 0 | 0 |
| CHEWY INC | CL A | 16679L109 |  | 1890538 | 44358 | SH |  | SOLE |  | 44358 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 27156164 | 366148 | SH |  | SOLE |  | 366148 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 4176855 | 45950 | SH |  | SOLE |  | 45950 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 38852105 | 301366 | SH |  | SOLE |  | 301366 | 0 | 0 |
| CROWN HLDGS INC | COM | 228368106 |  | 1208985 | 11740 | SH |  | SOLE |  | 11740 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 125155384 | 2703724 | SH |  | SOLE |  | 2703724 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 12787669 | 164176 | SH |  | SOLE |  | 164176 | 0 | 0 |
| CONCENTRIX CORP | COM | 20602D101 |  | 7550337 | 142850 | SH |  | SOLE |  | 142850 | 0 | 0 |
| ELASTIC N V | ORD SHS | N14506104 |  | 5500256 | 65223 | SH |  | SOLE |  | 65223 | 0 | 0 |
| COMMVAULT SYS INC | COM | 204166102 |  | 5563742 | 31915 | SH |  | SOLE |  | 31915 | 0 | 0 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 28126738 | 255907 | SH |  | SOLE |  | 255907 | 0 | 0 |
| EMBRAER S.A. | SPONSORED ADS | 29082A107 |  | 9893348 | 173842 | SH |  | SOLE |  | 173842 | 0 | 0 |
| CHEMED CORP NEW | COM | 16359R103 |  | 1382881 | 2840 | SH |  | SOLE |  | 2840 | 0 | 0 |
| ENSIGN GROUP INC | COM | 29358P101 |  | 280136 | 1816 | SH |  | SOLE |  | 1816 | 0 | 0 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 545304 | 20264 | SH |  | SOLE |  | 20264 | 0 | 0 |
| CAE INC | COM | 124765108 |  | 601853 | 20577 | SH |  | SOLE |  | 20577 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 310791482 | 8708083 | SH |  | SOLE |  | 8708083 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 2035827 | 8360 | SH |  | SOLE |  | 8360 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 43470840 | 258755 | SH |  | SOLE |  | 258755 | 0 | 0 |
| CARGURUS INC | COM CL A | 141788109 |  | 1981257 | 59195 | SH |  | SOLE |  | 59195 | 0 | 0 |
| CORPAY INC | COM SHS | 219948106 |  | 25100192 | 75644 | SH |  | SOLE |  | 75644 | 0 | 0 |
| CENTERRA GOLD INC | COM | 152006102 |  | 171648 | 23875 | SH |  | SOLE |  | 23875 | 0 | 0 |
| DXC TECHNOLOGY CO | COM | 23355L106 |  | 2903647 | 189905 | SH |  | SOLE |  | 189905 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 21121636 | 229583 | SH |  | SOLE |  | 229583 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 |  | 98059716 | 628145 | SH |  | SOLE |  | 628145 | 0 | 0 |
| DROPBOX INC | CL A | 26210C104 |  | 8238230 | 288050 | SH |  | SOLE |  | 288050 | 0 | 0 |
| CABOT CORP | COM | 127055101 |  | 1451175 | 19349 | SH |  | SOLE |  | 19349 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 178380564 | 436341 | SH |  | SOLE |  | 436341 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 1167682 | 11790 | SH |  | SOLE |  | 11790 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 57707840 | 836588 | SH |  | SOLE |  | 836588 | 0 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 111477495 | 208412 | SH |  | SOLE |  | 208412 | 0 | 0 |
| ENERGY FUELS INC | COM NEW | 292671708 |  | 4883889 | 849372 | SH |  | SOLE |  | 849372 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 |  | 30321947 | 81205 | SH |  | SOLE |  | 81205 | 0 | 0 |
| CAL MAINE FOODS INC | COM NEW | 128030202 |  | 13732999 | 137840 | SH |  | SOLE |  | 137840 | 0 | 0 |
| DENTSPLY SIRONA INC | COM | 24906P109 |  | 1431217 | 90127 | SH |  | SOLE |  | 90127 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 2078536 | 22642 | SH |  | SOLE |  | 22642 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 138864087 | 1631392 | SH |  | SOLE |  | 1631392 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 235379 | 3216 | SH |  | SOLE |  | 3216 | 0 | 0 |
| CREDIT ACCEP CORP MICH | COM | 225310101 |  | 432506 | 849 | SH |  | SOLE |  | 849 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 34797506 | 444924 | SH |  | SOLE |  | 444924 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 30130972 | 386146 | SH |  | SOLE |  | 386146 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 1340927 | 13952 | SH |  | SOLE |  | 13952 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 305611 | 2619 | SH |  | SOLE |  | 2619 | 0 | 0 |
| CNA FINL CORP | COM | 126117100 |  | 1678151 | 36066 | SH |  | SOLE |  | 36066 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 1417054 | 12389 | SH |  | SOLE |  | 12389 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 1446449 | 6636 | SH |  | SOLE |  | 6636 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 40972470 | 192576 | SH |  | SOLE |  | 192576 | 0 | 0 |
| DYNATRACE INC | COM NEW | 268150109 |  | 29802910 | 539810 | SH |  | SOLE |  | 539810 | 0 | 0 |
| CAVCO INDS INC DEL | COM | 149568107 |  | 1020042 | 2348 | SH |  | SOLE |  | 2348 | 0 | 0 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 15031755 | 54388 | SH |  | SOLE |  | 54388 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 1769624 | 5049 | SH |  | SOLE |  | 5049 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 34789723 | 432708 | SH |  | SOLE |  | 432708 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 4032520 | 54106 | SH |  | SOLE |  | 54106 | 0 | 0 |
| CAVA GROUP INC | COM | 148929102 |  | 526269 | 6248 | SH |  | SOLE |  | 6248 | 0 | 0 |
| ERO COPPER CORP | COM | 296006109 |  | 4971944 | 294966 | SH |  | SOLE |  | 294966 | 0 | 0 |
| EQUINOR ASA | SPONSORED ADR | 29446M102 |  | 23319562 | 927588 | SH |  | SOLE |  | 927588 | 0 | 0 |
| CENTRUS ENERGY CORP | CL A | 15643U104 |  | 3111312 | 16985 | SH |  | SOLE |  | 16985 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 14863995 | 165634 | SH |  | SOLE |  | 165634 | 0 | 0 |
| CROCS INC | COM | 227046109 |  | 3221616 | 31809 | SH |  | SOLE |  | 31809 | 0 | 0 |
| CELSIUS HLDGS INC | COM NEW | 15118V207 |  | 436484 | 9409 | SH |  | SOLE |  | 9409 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 472734 | 23094 | SH |  | SOLE |  | 23094 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 2117412 | 12146 | SH |  | SOLE |  | 12146 | 0 | 0 |
| COPA HOLDINGS SA | CL A | P31076105 |  | 2966221 | 26973 | SH |  | SOLE |  | 26973 | 0 | 0 |
| DOLBY LABORATORIES INC | COM CL A | 25659T107 |  | 2216512 | 29848 | SH |  | SOLE |  | 29848 | 0 | 0 |
| EQUITABLE HLDGS INC | COM | 29452E101 |  | 1887709 | 33649 | SH |  | SOLE |  | 33649 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 50389843 | 63346 | SH |  | SOLE |  | 63346 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 31547403 | 510755 | SH |  | SOLE |  | 510755 | 0 | 0 |
| EURONET WORLDWIDE INC | COM | 298736109 |  | 19372197 | 191085 | SH |  | SOLE |  | 191085 | 0 | 0 |
| CASEYS GEN STORES INC | COM | 147528103 |  | 1064423 | 2086 | SH |  | SOLE |  | 2086 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 15558420 | 219907 | SH |  | SOLE |  | 219907 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 838209 | 6981 | SH |  | SOLE |  | 6981 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 400142 | 3263 | SH |  | SOLE |  | 3263 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 1339344 | 8233 | SH |  | SOLE |  | 8233 | 0 | 0 |
| COOPER COS INC | COM | 216648501 |  | 463679 | 6516 | SH |  | SOLE |  | 6516 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 4331266 | 86349 | SH |  | SOLE |  | 86349 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 41578252 | 1638229 | SH |  | SOLE |  | 1638229 | 0 | 0 |
| E L F BEAUTY INC | COM | 26856L103 |  | 384520 | 3090 | SH |  | SOLE |  | 3090 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 22155162 | 253811 | SH |  | SOLE |  | 253811 | 0 | 0 |
| CIENA CORP | COM NEW | 171779309 |  | 3900261 | 47956 | SH |  | SOLE |  | 47956 | 0 | 0 |
| CANADIAN IMPERIAL BK COMM | COM | 136069101 |  | 209542 | 2958 | SH |  | SOLE |  | 2958 | 0 | 0 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 283424 | 8857 | SH |  | SOLE |  | 8857 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 18621996 | 416134 | SH |  | SOLE |  | 416134 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 23114101 | 291587 | SH |  | SOLE |  | 291587 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 425643 | 2323 | SH |  | SOLE |  | 2323 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 14611192 | 459327 | SH |  | SOLE |  | 459327 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 348657832 | 2282539 | SH |  | SOLE |  | 2282539 | 0 | 0 |
| GLOBUS MED INC | CL A | 379577208 |  | 25770434 | 436639 | SH |  | SOLE |  | 436639 | 0 | 0 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 7463182 | 41423 | SH |  | SOLE |  | 41423 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 |  | 37902186 | 1289190 | SH |  | SOLE |  | 1289190 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 25119451 | 1228335 | SH |  | SOLE |  | 1228335 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 497613 | 16450 | SH |  | SOLE |  | 16450 | 0 | 0 |
| HAEMONETICS CORP MASS | COM | 405024100 |  | 3453249 | 46284 | SH |  | SOLE |  | 46284 | 0 | 0 |
| GENPACT LIMITED | SHS | G3922B107 |  | 23134825 | 525672 | SH |  | SOLE |  | 525672 | 0 | 0 |
| FLAGSTAR FINANCIAL INC | COM NEW | 649445400 |  | 4553654 | 429590 | SH |  | SOLE |  | 429590 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 |  | 257136 | 3520 | SH |  | SOLE |  | 3520 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 1031514039 | 17183309 | SH |  | SOLE |  | 17183309 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 73200152 | 406532 | SH |  | SOLE |  | 406532 | 0 | 0 |
| GATES INDL CORP PLC | ORD SHS | G39108108 |  | 6368578 | 276534 | SH |  | SOLE |  | 276534 | 0 | 0 |
| ISHARES TR | MBS ETF | 464288588 |  | 137098178 | 1460200 | SH |  | SOLE |  | 1460200 | 0 | 0 |
| FRESHWORKS INC | CLASS A COM | 358054104 |  | 17168790 | 1151495 | SH |  | SOLE |  | 1151495 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 722928 | 2301 | SH |  | SOLE |  | 2301 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 411817866 | 778263 | SH |  | SOLE |  | 778263 | 0 | 0 |
| GSK PLC | SPONSORED ADR | 37733W204 |  | 51611213 | 1344042 | SH |  | SOLE |  | 1344042 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 113479233 | 1035300 | SH |  | SOLE |  | 1035300 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 10898112 | 133867 | SH |  | SOLE |  | 133867 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 26837120 | 394084 | SH |  | SOLE |  | 394084 | 0 | 0 |
| GRAND CANYON ED INC | COM | 38526M106 |  | 9481752 | 50168 | SH |  | SOLE |  | 50168 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 1567224 | 31870 | SH |  | SOLE |  | 31870 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 1115939 | 15066 | SH |  | SOLE |  | 15066 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 247088 | 605 | SH |  | SOLE |  | 605 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 14306269 | 65595 | SH |  | SOLE |  | 65595 | 0 | 0 |
| GITLAB INC | CLASS A COM | 37637K108 |  | 7623229 | 168992 | SH |  | SOLE |  | 168992 | 0 | 0 |
| GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 |  | 53225408 | 10581592 | SH |  | SOLE |  | 10581592 | 0 | 0 |
| FIRSTCASH HOLDINGS INC | COM | 33768G107 |  | 951926 | 7044 | SH |  | SOLE |  | 7044 | 0 | 0 |
| ISOENERGY LTD | COM NEW | 46500E867 |  | 267214 | 37589 | SH |  | SOLE |  | 37589 | 0 | 0 |
| FULTON FINL CORP PA | COM | 360271100 |  | 2523525 | 139885 | SH |  | SOLE |  | 139885 | 0 | 0 |
| GRAHAM HLDGS CO | COM CL B | 384637104 |  | 281959 | 298 | SH |  | SOLE |  | 298 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 26513543 | 213320 | SH |  | SOLE |  | 213320 | 0 | 0 |
| INSPIRE MED SYS INC | COM | 457730109 |  | 18381531 | 141647 | SH |  | SOLE |  | 141647 | 0 | 0 |
| F5 INC | COM | 315616102 |  | 6756999 | 22958 | SH |  | SOLE |  | 22958 | 0 | 0 |
| GENWORTH FINL INC | COM SHS | 37247D106 |  | 406629 | 52266 | SH |  | SOLE |  | 52266 | 0 | 0 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 116830851 | 1627624 | SH |  | SOLE |  | 1627624 | 0 | 0 |
| INTERDIGITAL INC | COM | 45867G101 |  | 5582206 | 24895 | SH |  | SOLE |  | 24895 | 0 | 0 |
| GFL ENVIRONMENTAL INC | SUB VTG SHS | 36168Q104 |  | 5758899 | 114128 | SH |  | SOLE |  | 114128 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 217559524 | 1261873 | SH |  | SOLE |  | 1261873 | 0 | 0 |
| HOPE BANCORP INC | COM | 43940T109 |  | 2393777 | 223092 | SH |  | SOLE |  | 223092 | 0 | 0 |
| EXELIXIS INC | COM | 30161Q104 |  | 919625 | 20865 | SH |  | SOLE |  | 20865 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 250319 | 2370 | SH |  | SOLE |  | 2370 | 0 | 0 |
| ISHARES INC | MSCI MEXICO ETF | 464286822 |  | 6785385 | 112044 | SH |  | SOLE |  | 112044 | 0 | 0 |
| FLEX LTD | ORD | Y2573F102 |  | 15362481 | 307742 | SH |  | SOLE |  | 307742 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 143136450 | 848568 | SH |  | SOLE |  | 848568 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 107079113 | 1337820 | SH |  | SOLE |  | 1337820 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 73872681 | 666300 | SH |  | SOLE |  | 666300 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 14617687 | 872177 | SH |  | SOLE |  | 872177 | 0 | 0 |
| GRANITE CONSTR INC | COM | 387328107 |  | 1658493 | 17736 | SH |  | SOLE |  | 17736 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 1407893 | 2625 | SH |  | SOLE |  | 2625 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 89180095 | 702925 | SH |  | SOLE |  | 702925 | 0 | 0 |
| FLOWERS FOODS INC | COM | 343498101 |  | 176323 | 11034 | SH |  | SOLE |  | 11034 | 0 | 0 |
| HUBSPOT INC | COM | 443573100 |  | 10049398 | 18054 | SH |  | SOLE |  | 18054 | 0 | 0 |
| HIMS  HERS HEALTH INC | COM CL A | 433000106 |  | 29811746 | 598029 | SH |  | SOLE |  | 598029 | 0 | 0 |
| HARMONY GOLD MINING CO LTD | SPONSORED ADR | 413216300 |  | 9113413 | 652356 | SH |  | SOLE |  | 652356 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 37064417 | 144001 | SH |  | SOLE |  | 144001 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 39691761 | 116792 | SH |  | SOLE |  | 116792 | 0 | 0 |
| HEXCEL CORP NEW | COM | 428291108 |  | 6554139 | 116023 | SH |  | SOLE |  | 116023 | 0 | 0 |
| JANUS HENDERSON GROUP PLC | ORD SHS | G4474Y214 |  | 1084646 | 27926 | SH |  | SOLE |  | 27926 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 14868614 | 51287 | SH |  | SOLE |  | 51287 | 0 | 0 |
| FIRST AMERN FINL CORP | COM | 31847R102 |  | 5783306 | 94206 | SH |  | SOLE |  | 94206 | 0 | 0 |
| FRONTDOOR INC | COM | 35905A109 |  | 2232470 | 37877 | SH |  | SOLE |  | 37877 | 0 | 0 |
| HANOVER INS GROUP INC | COM | 410867105 |  | 6920504 | 40740 | SH |  | SOLE |  | 40740 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 104381446 | 968288 | SH |  | SOLE |  | 968288 | 0 | 0 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 |  | 6164598 | 14116 | SH |  | SOLE |  | 14116 | 0 | 0 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 16113315 | 80098 | SH |  | SOLE |  | 80098 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 476580 | 7314 | SH |  | SOLE |  | 7314 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 335572618 | 3174164 | SH |  | SOLE |  | 3174164 | 0 | 0 |
| FOX CORP | CL A COM | 35137L105 |  | 66150905 | 1180423 | SH |  | SOLE |  | 1180423 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 1385683 | 8350 | SH |  | SOLE |  | 8350 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 1608182 | 31040 | SH |  | SOLE |  | 31040 | 0 | 0 |
| FRONTIER GROUP HLDGS INC | COM | 35909R108 |  | 2980673 | 821122 | SH |  | SOLE |  | 821122 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 392476 | 7001 | SH |  | SOLE |  | 7001 | 0 | 0 |
| IDACORP INC | COM | 451107106 |  | 10061352 | 87149 | SH |  | SOLE |  | 87149 | 0 | 0 |
| FOOT LOCKER INC | COM | 344849104 |  | 2867946 | 117059 | SH |  | SOLE |  | 117059 | 0 | 0 |
| GOLD FIELDS LTD | SPONSORED ADR | 38059T106 |  | 23738146 | 1002879 | SH |  | SOLE |  | 1002879 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 695020 | 2811 | SH |  | SOLE |  | 2811 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 3590107 | 41760 | SH |  | SOLE |  | 41760 | 0 | 0 |
| INGREDION INC | COM | 457187102 |  | 760014 | 5604 | SH |  | SOLE |  | 5604 | 0 | 0 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 1741032 | 164404 | SH |  | SOLE |  | 164404 | 0 | 0 |
| GLOBAL X FDS | GLOBAL X URANIUM | 37954Y871 |  | 22369618 | 576388 | SH |  | SOLE |  | 576388 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 46342574 | 58838 | SH |  | SOLE |  | 58838 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 155809069 | 406706 | SH |  | SOLE |  | 406706 | 0 | 0 |
| GENTEX CORP | COM | 371901109 |  | 26119150 | 1187774 | SH |  | SOLE |  | 1187774 | 0 | 0 |
| EVERCORE INC | CLASS A | 29977A105 |  | 1280705 | 4743 | SH |  | SOLE |  | 4743 | 0 | 0 |
| GUARDANT HEALTH INC | COM | 40131M109 |  | 201395 | 3870 | SH |  | SOLE |  | 3870 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 6391588 | 11762 | SH |  | SOLE |  | 11762 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 591487 | 7334 | SH |  | SOLE |  | 7334 | 0 | 0 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 7063323 | 159371 | SH |  | SOLE |  | 159371 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1434123775 | 2309750 | SH |  | SOLE |  | 1481834 | 0 | 827916 |
| MICROSTRATEGY INC | CL A NEW | 594972408 |  | 2895904 | 7164 | SH |  | SOLE |  | 7164 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 853086502 | 1715057 | SH |  | SOLE |  | 1715057 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 11520396 | 197809 | SH |  | SOLE |  | 197809 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 26407474 | 238744 | SH |  | SOLE |  | 238744 | 0 | 0 |
| NVR INC | COM | 62944T105 |  | 1085692 | 147 | SH |  | SOLE |  | 147 | 0 | 0 |
| MAXIMUS INC | COM | 577933104 |  | 450333 | 6415 | SH |  | SOLE |  | 6415 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 91091154 | 1150722 | SH |  | SOLE |  | 1150722 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 11817692 | 40448 | SH |  | SOLE |  | 40448 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 1064944 | 13180 | SH |  | SOLE |  | 13180 | 0 | 0 |
| OLD REP INTL CORP | COM | 680223104 |  | 4721624 | 122831 | SH |  | SOLE |  | 122831 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 13291983 | 763030 | SH |  | SOLE |  | 763030 | 0 | 0 |
| OKTA INC | CL A | 679295105 |  | 23156051 | 231630 | SH |  | SOLE |  | 231630 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 108282168 | 147769 | SH |  | SOLE |  | 147769 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 44558530 | 764822 | SH |  | SOLE |  | 764822 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 25351108 | 154712 | SH |  | SOLE |  | 154712 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 64350776 | 897125 | SH |  | SOLE |  | 897125 | 0 | 0 |
| LIVERAMP HLDGS INC | COM | 53815P108 |  | 293990 | 8898 | SH |  | SOLE |  | 8898 | 0 | 0 |
| KB HOME | COM | 48666K109 |  | 572765 | 10813 | SH |  | SOLE |  | 10813 | 0 | 0 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 719769 | 19639 | SH |  | SOLE |  | 19639 | 0 | 0 |
| KENVUE INC | COM | 49177J102 |  | 2277749 | 108827 | SH |  | SOLE |  | 108827 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 151985919 | 1889902 | SH |  | SOLE |  | 1889902 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 9922155 | 33307 | SH |  | SOLE |  | 33307 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 2414537 | 73035 | SH |  | SOLE |  | 73035 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 1250695 | 48439 | SH |  | SOLE |  | 48439 | 0 | 0 |
| NORTHWESTERN ENERGY GROUP IN | COM NEW | 668074305 |  | 12966229 | 252753 | SH |  | SOLE |  | 252753 | 0 | 0 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 1158983 | 17306 | SH |  | SOLE |  | 17306 | 0 | 0 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 |  | 1124046 | 8943 | SH |  | SOLE |  | 8943 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 32831038 | 308128 | SH |  | SOLE |  | 308128 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY LIV S C | 531229722 |  | 312223 | 3847 | SH |  | SOLE |  | 3847 | 0 | 0 |
| KELLANOVA | COM | 487836108 |  | 1793958 | 22557 | SH |  | SOLE |  | 22557 | 0 | 0 |
| NEWMARKET CORP | COM | 651587107 |  | 3615270 | 5233 | SH |  | SOLE |  | 5233 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 31079041 | 401538 | SH |  | SOLE |  | 401538 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 727415 | 2771 | SH |  | SOLE |  | 2771 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 595692511 | 807073 | SH |  | SOLE |  | 807073 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 556216 | 7336 | SH |  | SOLE |  | 7336 | 0 | 0 |
| MADDEN STEVEN LTD | COM | 556269108 |  | 896972 | 37405 | SH |  | SOLE |  | 37405 | 0 | 0 |
| LANDBRIDGE COMPANY LLC | CL A | 514952100 |  | 6042868 | 89418 | SH |  | SOLE |  | 89418 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 4204073 | 42733 | SH |  | SOLE |  | 42733 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 16587697 | 85508 | SH |  | SOLE |  | 85508 | 0 | 0 |
| OGE ENERGY CORP | COM | 670837103 |  | 19570648 | 440979 | SH |  | SOLE |  | 440979 | 0 | 0 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 72239845 | 192655 | SH |  | SOLE |  | 192655 | 0 | 0 |
| LINCOLN NATL CORP IND | COM | 534187109 |  | 17088386 | 493884 | SH |  | SOLE |  | 493884 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 33869784 | 470806 | SH |  | SOLE |  | 470806 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 3508521 | 2620 | SH |  | SOLE |  | 2620 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1142130881 | 7229134 | SH |  | SOLE |  | 7229134 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 70747122 | 125898 | SH |  | SOLE |  | 125898 | 0 | 0 |
| NUTANIX INC | CL A | 67059N108 |  | 75312357 | 985248 | SH |  | SOLE |  | 985248 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 17622810 | 202166 | SH |  | SOLE |  | 202166 | 0 | 0 |
| ONEMAIN HLDGS INC | COM | 68268W103 |  | 2720097 | 47721 | SH |  | SOLE |  | 47721 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 4120956 | 86357 | SH |  | SOLE |  | 86357 | 0 | 0 |
| NOV INC | COM | 62955J103 |  | 3953560 | 318066 | SH |  | SOLE |  | 318066 | 0 | 0 |
| NATIONAL FUEL GAS CO | COM | 636180101 |  | 18701850 | 220775 | SH |  | SOLE |  | 220775 | 0 | 0 |
| NNN REIT INC | COM | 637417106 |  | 328211 | 7601 | SH |  | SOLE |  | 7601 | 0 | 0 |
| MGIC INVT CORP WIS | COM | 552848103 |  | 391291 | 14055 | SH |  | SOLE |  | 14055 | 0 | 0 |
| MATSON INC | COM | 57686G105 |  | 2186023 | 19632 | SH |  | SOLE |  | 19632 | 0 | 0 |
| MASTEC INC | COM | 576323109 |  | 5228792 | 30680 | SH |  | SOLE |  | 30680 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 22412311 | 25021 | SH |  | SOLE |  | 25021 | 0 | 0 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 28111412 | 178191 | SH |  | SOLE |  | 178191 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 55198453 | 1786936 | SH |  | SOLE |  | 1786936 | 0 | 0 |
| LEAR CORP | COM NEW | 521865204 |  | 3058356 | 32200 | SH |  | SOLE |  | 32200 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 131207028 | 817082 | SH |  | SOLE |  | 817082 | 0 | 0 |
| JUNIPER NETWORKS INC | COM | 48203R104 |  | 5303902 | 132830 | SH |  | SOLE |  | 132830 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 159518845 | 1638780 | SH |  | SOLE |  | 1638780 | 0 | 0 |
| M/I HOMES INC | COM | 55305B101 |  | 12741765 | 113644 | SH |  | SOLE |  | 113644 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 36105473 | 165250 | SH |  | SOLE |  | 165250 | 0 | 0 |
| OCEANFIRST FINL CORP | COM | 675234108 |  | 1935533 | 109911 | SH |  | SOLE |  | 109911 | 0 | 0 |
| NEXGEN ENERGY LTD | COM | 65340P106 |  | 8950865 | 1289750 | SH |  | SOLE |  | 1289750 | 0 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 99953960 | 3132457 | SH |  | SOLE |  | 3132457 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 |  | 17021676 | 1091451 | SH |  | SOLE |  | 1091451 | 0 | 0 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 403237 | 7777 | SH |  | SOLE |  | 7777 | 0 | 0 |
| LANTHEUS HLDGS INC | COM | 516544103 |  | 32568165 | 397852 | SH |  | SOLE |  | 397852 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 39066471 | 2478837 | SH |  | SOLE |  | 2478837 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 5174987 | 1980 | SH |  | SOLE |  | 1980 | 0 | 0 |
| NATWEST GROUP PLC | SPONS ADR | 639057207 |  | 804187 | 56833 | SH |  | SOLE |  | 56833 | 0 | 0 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 4099865 | 85254 | SH |  | SOLE |  | 85254 | 0 | 0 |
| MILLICOM INTL CELLULAR S A | COM STK | L6388F110 |  | 8198436 | 218800 | SH |  | SOLE |  | 218800 | 0 | 0 |
| MUELLER WTR PRODS INC | COM SER A | 624758108 |  | 5820901 | 242134 | SH |  | SOLE |  | 242134 | 0 | 0 |
| NEXTRACKER INC | CLASS A COM | 65290E101 |  | 1055648 | 19416 | SH |  | SOLE |  | 19416 | 0 | 0 |
| KORN FERRY | COM NEW | 500643200 |  | 967516 | 13194 | SH |  | SOLE |  | 13194 | 0 | 0 |
| LIBERTY ENERGY INC | COM CL A | 53115L104 |  | 4262742 | 371319 | SH |  | SOLE |  | 371319 | 0 | 0 |
| MISTER CAR WASH INC | COM | 60646V105 |  | 1305402 | 217205 | SH |  | SOLE |  | 217205 | 0 | 0 |
| NEW YORK TIMES CO | CL A | 650111107 |  | 363926 | 6501 | SH |  | SOLE |  | 6501 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 21011752 | 126493 | SH |  | SOLE |  | 126493 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 482101 | 3624 | SH |  | SOLE |  | 3624 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 4941868 | 73278 | SH |  | SOLE |  | 73278 | 0 | 0 |
| MASIMO CORP | COM | 574795100 |  | 276722 | 1645 | SH |  | SOLE |  | 1645 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 2420731 | 18777 | SH |  | SOLE |  | 18777 | 0 | 0 |
| MDU RES GROUP INC | COM | 552690109 |  | 330833 | 19846 | SH |  | SOLE |  | 19846 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 2474718 | 39507 | SH |  | SOLE |  | 39507 | 0 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 1495061 | 38754 | SH |  | SOLE |  | 38754 | 0 | 0 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 13317533 | 57552 | SH |  | SOLE |  | 57552 | 0 | 0 |
| ONTO INNOVATION INC | COM | 683344105 |  | 19238671 | 190614 | SH |  | SOLE |  | 190614 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 3735693 | 25883 | SH |  | SOLE |  | 25883 | 0 | 0 |
| TECHNIPFMC PLC | COM | G87110105 |  | 27984050 | 812545 | SH |  | SOLE |  | 812545 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 24549157 | 1012754 | SH |  | SOLE |  | 1012754 | 0 | 0 |
| SUN CTRY AIRLS HLDGS INC | COM | 866683105 |  | 10516156 | 894992 | SH |  | SOLE |  | 894992 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 477350 | 1534 | SH |  | SOLE |  | 1534 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 18602781 | 497618 | SH |  | SOLE |  | 497618 | 0 | 0 |
| PACIFIC PREMIER BANCORP | COM | 69478X105 |  | 2780695 | 131849 | SH |  | SOLE |  | 131849 | 0 | 0 |
| POST HLDGS INC | COM | 737446104 |  | 306374 | 2810 | SH |  | SOLE |  | 2810 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 16187358 | 31574 | SH |  | SOLE |  | 31574 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 1842812 | 109953 | SH |  | SOLE |  | 109953 | 0 | 0 |
| SELECTIVE INS GROUP INC | COM | 816300107 |  | 3074169 | 35478 | SH |  | SOLE |  | 35478 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 2083077 | 27503 | SH |  | SOLE |  | 27503 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 109295053 | 1036365 | SH |  | SOLE |  | 1036365 | 0 | 0 |
| SLM CORP | COM | 78442P106 |  | 9144541 | 278882 | SH |  | SOLE |  | 278882 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 1119873 | 11404 | SH |  | SOLE |  | 11404 | 0 | 0 |
| TELADOC HEALTH INC | COM | 87918A105 |  | 90932 | 10440 | SH |  | SOLE |  | 10440 | 0 | 0 |
| PAYLOCITY HLDG CORP | COM | 70438V106 |  | 798323 | 4406 | SH |  | SOLE |  | 4406 | 0 | 0 |
| SHARKNINJA INC | COM SHS | G8068L108 |  | 398633 | 4027 | SH |  | SOLE |  | 4027 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 33827235 | 64153 | SH |  | SOLE |  | 64153 | 0 | 0 |
| STIFEL FINL CORP | COM | 860630102 |  | 1428739 | 13767 | SH |  | SOLE |  | 13767 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 38168694 | 778794 | SH |  | SOLE |  | 778794 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 16061479 | 682886 | SH |  | SOLE |  | 682886 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 72959892 | 333714 | SH |  | SOLE |  | 333714 | 0 | 0 |
| OVINTIV INC | COM | 69047Q102 |  | 28211107 | 741422 | SH |  | SOLE |  | 741422 | 0 | 0 |
| PEGASYSTEMS INC | COM | 705573103 |  | 8907633 | 164560 | SH |  | SOLE |  | 164560 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 121634188 | 763746 | SH |  | SOLE |  | 763746 | 0 | 0 |
| PRIMERICA INC | COM | 74164M108 |  | 5965732 | 21799 | SH |  | SOLE |  | 21799 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 233925247 | 3147541 | SH |  | SOLE |  | 3147541 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 677385 | 3771 | SH |  | SOLE |  | 3771 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 4063131 | 7931 | SH |  | SOLE |  | 7931 | 0 | 0 |
| SM ENERGY CO | COM | 78454L100 |  | 8624630 | 349034 | SH |  | SOLE |  | 349034 | 0 | 0 |
| STANTEC INC | COM | 85472N109 |  | 2196217 | 20225 | SH |  | SOLE |  | 20225 | 0 | 0 |
| RAMBUS INC DEL | COM | 750917106 |  | 14524153 | 226869 | SH |  | SOLE |  | 226869 | 0 | 0 |
| POPULAR INC | COM NEW | 733174700 |  | 600534 | 5449 | SH |  | SOLE |  | 5449 | 0 | 0 |
| RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 |  | 27179352 | 471291 | SH |  | SOLE |  | 471291 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1612810926 | 2610360 | SH |  | SOLE |  | 2497619 | 0 | 112741 |
| TEMPUS AI INC | CL A | 88023B103 |  | 242405 | 3815 | SH |  | SOLE |  | 3815 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 3419403 | 26712 | SH |  | SOLE |  | 26712 | 0 | 0 |
| SIGNET JEWELERS LIMITED | SHS | G81276100 |  | 491937 | 6184 | SH |  | SOLE |  | 6184 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 52594029 | 489520 | SH |  | SOLE |  | 489520 | 0 | 0 |
| SPROTT FDS TR | URANIUM MINERS E | 85208P303 |  | 6283671 | 131101 | SH |  | SOLE |  | 131101 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 63373217 | 595949 | SH |  | SOLE |  | 595949 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 217846291 | 283898 | SH |  | SOLE |  | 283898 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 1824060 | 188436 | SH |  | SOLE |  | 188436 | 0 | 0 |
| PAR PAC HOLDINGS INC | COM NEW | 69888T207 |  | 12187351 | 459380 | SH |  | SOLE |  | 459380 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 527072 | 5014 | SH |  | SOLE |  | 5014 | 0 | 0 |
| PENUMBRA INC | COM | 70975L107 |  | 850472 | 3314 | SH |  | SOLE |  | 3314 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 21175062 | 132909 | SH |  | SOLE |  | 132909 | 0 | 0 |
| SKYWEST INC | COM | 830879102 |  | 3684884 | 35786 | SH |  | SOLE |  | 35786 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 16501665 | 247253 | SH |  | SOLE |  | 247253 | 0 | 0 |
| QUALYS INC | COM | 74758T303 |  | 358032 | 2506 | SH |  | SOLE |  | 2506 | 0 | 0 |
| QORVO INC | COM | 74736K101 |  | 2566659 | 30228 | SH |  | SOLE |  | 30228 | 0 | 0 |
| SHAKE SHACK INC | CL A | 819047101 |  | 307070 | 2184 | SH |  | SOLE |  | 2184 | 0 | 0 |
| ROKU INC | COM CL A | 77543R102 |  | 7853235 | 89353 | SH |  | SOLE |  | 89353 | 0 | 0 |
| OPTION CARE HEALTH INC | COM NEW | 68404L201 |  | 229828 | 7076 | SH |  | SOLE |  | 7076 | 0 | 0 |
| OSHKOSH CORP | COM | 688239201 |  | 1644286 | 14482 | SH |  | SOLE |  | 14482 | 0 | 0 |
| PILGRIMS PRIDE CORP | COM | 72147K108 |  | 2799240 | 62233 | SH |  | SOLE |  | 62233 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 |  | 556758 | 4233 | SH |  | SOLE |  | 4233 | 0 | 0 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 7162022 | 101965 | SH |  | SOLE |  | 101965 | 0 | 0 |
| SMITH  NEPHEW PLC | SPDN ADR NEW | 83175M205 |  | 2368158 | 77315 | SH |  | SOLE |  | 77315 | 0 | 0 |
| PBF ENERGY INC | CL A | 69318G106 |  | 5916907 | 273046 | SH |  | SOLE |  | 273046 | 0 | 0 |
| TAYLOR MORRISON HOME CORP | COM | 87724P106 |  | 21891501 | 356423 | SH |  | SOLE |  | 356423 | 0 | 0 |
| PVH CORPORATION | COM | 693656100 |  | 12575615 | 183318 | SH |  | SOLE |  | 183318 | 0 | 0 |
| SEI INVTS CO | COM | 784117103 |  | 11644688 | 129587 | SH |  | SOLE |  | 129587 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 2060922 | 9210 | SH |  | SOLE |  | 9210 | 0 | 0 |
| SANMINA CORPORATION | COM | 801056102 |  | 7940470 | 81166 | SH |  | SOLE |  | 81166 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 3015407 | 33703 | SH |  | SOLE |  | 33703 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 439434 | 43812 | SH |  | SOLE |  | 43812 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 36041232 | 617885 | SH |  | SOLE |  | 617885 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 56157041 | 639529 | SH |  | SOLE |  | 639529 | 0 | 0 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 2616975 | 19285 | SH |  | SOLE |  | 19285 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 447102797 | 1639601 | SH |  | SOLE |  | 1639601 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 856953 | 7445 | SH |  | SOLE |  | 7445 | 0 | 0 |
| SHIFT4 PMTS INC | CL A | 82452J109 |  | 24386015 | 246050 | SH |  | SOLE |  | 246050 | 0 | 0 |
| PERMIAN RESOURCES CORP | CLASS A COM | 71424F105 |  | 4003136 | 293916 | SH |  | SOLE |  | 293916 | 0 | 0 |
| REINSURANCE GRP OF AMERICA I | COM NEW | 759351604 |  | 20259300 | 102134 | SH |  | SOLE |  | 102134 | 0 | 0 |
| OPEN TEXT CORP | COM | 683715106 |  | 14255755 | 488866 | SH |  | SOLE |  | 488866 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 |  | 44486938 | 152997 | SH |  | SOLE |  | 152997 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 1355532 | 5254 | SH |  | SOLE |  | 5254 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 7343150 | 216676 | SH |  | SOLE |  | 216676 | 0 | 0 |
| SEADRILL LTD | COM | G7997W102 |  | 8947627 | 340862 | SH |  | SOLE |  | 340862 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 5906745 | 64463 | SH |  | SOLE |  | 64463 | 0 | 0 |
| SILICON LABORATORIES INC | COM | 826919102 |  | 6204740 | 42106 | SH |  | SOLE |  | 42106 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 313772875 | 1533292 | SH |  | SOLE |  | 1533292 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 1602388 | 4824 | SH |  | SOLE |  | 4824 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 10247624 | 77610 | SH |  | SOLE |  | 77610 | 0 | 0 |
| SIBANYE STILLWATER LTD | SPONSORED ADR | 82575P107 |  | 5759510 | 797716 | SH |  | SOLE |  | 797716 | 0 | 0 |
| PALOMAR HLDGS INC | COM | 69753M105 |  | 3086234 | 20008 | SH |  | SOLE |  | 20008 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 861263 | 13010 | SH |  | SOLE |  | 13010 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 35259275 | 193594 | SH |  | SOLE |  | 193594 | 0 | 0 |
| SPDR SERIES TRUST | BLOOMBERG HIGH Y | 78468R622 |  | 252707 | 2598 | SH |  | SOLE |  | 2598 | 0 | 0 |
| STERIS PLC | SHS USD | G8473T100 |  | 836686 | 3483 | SH |  | SOLE |  | 3483 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 8095661 | 43427 | SH |  | SOLE |  | 43427 | 0 | 0 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 8150758 | 607359 | SH |  | SOLE |  | 607359 | 0 | 0 |
| STRIDE INC | COM | 86333M108 |  | 2666124 | 18363 | SH |  | SOLE |  | 18363 | 0 | 0 |
| SUN LIFE FINANCIAL INC. | COM | 866796105 |  | 21761142 | 327702 | SH |  | SOLE |  | 327702 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 6031490 | 43859 | SH |  | SOLE |  | 43859 | 0 | 0 |
| SENTINELONE INC | CL A | 81730H109 |  | 3919726 | 214427 | SH |  | SOLE |  | 214427 | 0 | 0 |
| PERFORMANCE FOOD GROUP CO | COM | 71377A103 |  | 576952 | 6596 | SH |  | SOLE |  | 6596 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 36571198 | 216821 | SH |  | SOLE |  | 216821 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 4694941 | 11867 | SH |  | SOLE |  | 11867 | 0 | 0 |
| SCIENCE APPLICATIONS INTL CO | COM | 808625107 |  | 3625029 | 32191 | SH |  | SOLE |  | 32191 | 0 | 0 |
| SSR MINING IN | COM | 784730103 |  | 344936 | 27075 | SH |  | SOLE |  | 27075 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 201065718 | 195574 | SH |  | SOLE |  | 195574 | 0 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 3868964 | 130620 | SH |  | SOLE |  | 130620 | 0 | 0 |
| SPROUTS FMRS MKT INC | COM | 85208M102 |  | 31450850 | 191028 | SH |  | SOLE |  | 191028 | 0 | 0 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 |  | 476364 | 12415 | SH |  | SOLE |  | 12415 | 0 | 0 |
| STANDARDAERO INC | COM | 85423L103 |  | 13626211 | 430528 | SH |  | SOLE |  | 430528 | 0 | 0 |
| SENSATA TECHNOLOGIES HLDG PL | SHS | G8060N102 |  | 3331039 | 110629 | SH |  | SOLE |  | 110629 | 0 | 0 |
| STONECO LTD | COM CL A | G85158106 |  | 2322656 | 144804 | SH |  | SOLE |  | 144804 | 0 | 0 |
| TELEFLEX INCORPORATED | COM | 879369106 |  | 624822 | 5279 | SH |  | SOLE |  | 5279 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 139616744 | 872932 | SH |  | SOLE |  | 872932 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 337262388 | 1106395 | SH |  | SOLE |  | 1106395 | 0 | 0 |
| SPROTT FDS TR | JUNIOR URANIUM | 85208P808 |  | 908315 | 42987 | SH |  | SOLE |  | 42987 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 46749675 | 89047 | SH |  | SOLE |  | 89047 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 91706842 | 1302469 | SH |  | SOLE |  | 1302469 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 35866458 | 451548 | SH |  | SOLE |  | 451548 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 146713193 | 4091277 | SH |  | SOLE |  | 4091277 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 2552075 | 25870 | SH |  | SOLE |  | 25870 | 0 | 0 |
| SIGMA LITHIUM CORPORATION | COM | 826599102 |  | 2791557 | 620346 | SH |  | SOLE |  | 620346 | 0 | 0 |
| REMITLY GLOBAL INC | COM | 75960P104 |  | 15571911 | 829617 | SH |  | SOLE |  | 829617 | 0 | 0 |
| UIPATH INC | CL A | 90364P105 |  | 30697830 | 2398268 | SH |  | SOLE |  | 2398268 | 0 | 0 |
| URANIUM ENERGY CORP | COM | 916896103 |  | 9032474 | 1328305 | SH |  | SOLE |  | 1328305 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 11045315 | 86016 | SH |  | SOLE |  | 86016 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 |  | 3509742 | 416834 | SH |  | SOLE |  | 416834 | 0 | 0 |
| VALMONT INDS INC | COM | 920253101 |  | 797484 | 2442 | SH |  | SOLE |  | 2442 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 258947 | 592 | SH |  | SOLE |  | 592 | 0 | 0 |
| THOMSON REUTERS CORP | COM | 884903808 |  | 422450 | 2105 | SH |  | SOLE |  | 2105 | 0 | 0 |
| WEATHERFORD INTL PLC | ORD SHS | G48833118 |  | 3798657 | 75505 | SH |  | SOLE |  | 75505 | 0 | 0 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 7691990 | 721575 | SH |  | SOLE |  | 721575 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 22797034 | 286287 | SH |  | SOLE |  | 286287 | 0 | 0 |
| ZOOMINFO TECHNOLOGIES INC | COMMON STOCK | 98980F104 |  | 5459042 | 539431 | SH |  | SOLE |  | 539431 | 0 | 0 |
| TRI POINTE HOMES INC | COM | 87265H109 |  | 9148084 | 286325 | SH |  | SOLE |  | 286325 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 36717433 | 3781404 | SH |  | SOLE |  | 3781404 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 26264591 | 110235 | SH |  | SOLE |  | 110235 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 228763686 | 644314 | SH |  | SOLE |  | 644314 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 336047 | 10964 | SH |  | SOLE |  | 10964 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 3048890 | 341421 | SH |  | SOLE |  | 341421 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 2281914 | 8749 | SH |  | SOLE |  | 8749 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2540814 | 58720 | SH |  | SOLE |  | 58720 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 107729760 | 448874 | SH |  | SOLE |  | 448874 | 0 | 0 |
| TEXAS CAP BANCSHARES INC | COM | 88224Q107 |  | 10335260 | 130167 | SH |  | SOLE |  | 130167 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 889782 | 15906 | SH |  | SOLE |  | 15906 | 0 | 0 |
| UNUM GROUP | COM | 91529Y106 |  | 45377752 | 561884 | SH |  | SOLE |  | 561884 | 0 | 0 |
| US FOODS HLDG CORP | COM | 912008109 |  | 6716966 | 87222 | SH |  | SOLE |  | 87222 | 0 | 0 |
| UR-ENERGY INC | COM | 91688R108 |  | 159756 | 152149 | SH |  | SOLE |  | 152149 | 0 | 0 |
| ZOOM COMMUNICATIONS INC | CL A | 98980L101 |  | 9766137 | 125239 | SH |  | SOLE |  | 125239 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 59716279 | 329651 | SH |  | SOLE |  | 329651 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 15310428 | 34390 | SH |  | SOLE |  | 34390 | 0 | 0 |
| VONTIER CORPORATION | COM | 928881101 |  | 946854 | 25660 | SH |  | SOLE |  | 25660 | 0 | 0 |
| VIRTU FINL INC | CL A | 928254101 |  | 9324248 | 208177 | SH |  | SOLE |  | 208177 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 6166734 | 19413 | SH |  | SOLE |  | 19413 | 0 | 0 |
| TEXAS ROADHOUSE INC | COM | 882681109 |  | 701476 | 3743 | SH |  | SOLE |  | 3743 | 0 | 0 |
| TXNM ENERGY INC | COM | 69349H107 |  | 9666652 | 171638 | SH |  | SOLE |  | 171638 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 9310946 | 216584 | SH |  | SOLE |  | 216584 | 0 | 0 |
| WEBSTER FINL CORP | COM | 947890109 |  | 10872443 | 199129 | SH |  | SOLE |  | 199129 | 0 | 0 |
| TRAVEL PLUS LEISURE CO | COM | 894164102 |  | 6076871 | 117746 | SH |  | SOLE |  | 117746 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 158461769 | 817614 | SH |  | SOLE |  | 817614 | 0 | 0 |
| TRONOX HOLDINGS PLC | SHS | G9087Q102 |  | 7093716 | 1399155 | SH |  | SOLE |  | 1399155 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 1320298 | 36252 | SH |  | SOLE |  | 36252 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 90831312 | 1836460 | SH |  | SOLE |  | 1836460 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 598429 | 6561 | SH |  | SOLE |  | 6561 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 24053587 | 245997 | SH |  | SOLE |  | 245997 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 348360648 | 3733769 | SH |  | SOLE |  | 3733769 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 27399750 | 58569 | SH |  | SOLE |  | 58569 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 24187756 | 90408 | SH |  | SOLE |  | 90408 | 0 | 0 |
| TRANSALTA CORP | COM | 89346D107 |  | 1225315 | 113815 | SH |  | SOLE |  | 113815 | 0 | 0 |
| TOAST INC | CL A | 888787108 |  | 30740626 | 694076 | SH |  | SOLE |  | 694076 | 0 | 0 |
| UNIVERSAL DISPLAY CORP | COM | 91347P105 |  | 2166147 | 14024 | SH |  | SOLE |  | 14024 | 0 | 0 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 9919566 | 32364 | SH |  | SOLE |  | 32364 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 871583 | 12107 | SH |  | SOLE |  | 12107 | 0 | 0 |
| WOODWARD INC | COM | 980745103 |  | 10646955 | 43441 | SH |  | SOLE |  | 43441 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 66921025 | 231721 | SH |  | SOLE |  | 231721 | 0 | 0 |
| WARRIOR MET COAL INC | COM | 93627C101 |  | 3119923 | 68076 | SH |  | SOLE |  | 68076 | 0 | 0 |
| TOLL BROTHERS INC | COM | 889478103 |  | 49409844 | 432926 | SH |  | SOLE |  | 432926 | 0 | 0 |
| TERADATA CORP DEL | COM | 88076W103 |  | 1288336 | 57747 | SH |  | SOLE |  | 57747 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 8578924 | 29790 | SH |  | SOLE |  | 29790 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 284333702 | 3548848 | SH |  | SOLE |  | 3548848 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 1661995 | 8901 | SH |  | SOLE |  | 8901 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 |  | 276281 | 4429 | SH |  | SOLE |  | 4429 | 0 | 0 |
| ZIONS BANCORPORATION N A | COM | 989701107 |  | 9044676 | 174137 | SH |  | SOLE |  | 174137 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 46806368 | 376378 | SH |  | SOLE |  | 376378 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 203844223 | 616626 | SH |  | SOLE |  | 616626 | 0 | 0 |
| WILLSCOT HLDGS CORP | COM CL A | 971378104 |  | 16781431 | 612461 | SH |  | SOLE |  | 612461 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 56067157 | 195118 | SH |  | SOLE |  | 195118 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 4380394 | 59675 | SH |  | SOLE |  | 59675 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 45312263 | 646856 | SH |  | SOLE |  | 646856 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 320305 | 1530 | SH |  | SOLE |  | 1530 | 0 | 0 |
| VIPER ENERGY INC | CL A | 927959106 |  | 320101 | 8395 | SH |  | SOLE |  | 8395 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 512115 | 8372 | SH |  | SOLE |  | 8372 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 9984699 | 64025 | SH |  | SOLE |  | 64025 | 0 | 0 |
| VOYA FINANCIAL INC | COM | 929089100 |  | 9818448 | 138288 | SH |  | SOLE |  | 138288 | 0 | 0 |
| WINGSTOP INC | COM | 974155103 |  | 532386 | 1581 | SH |  | SOLE |  | 1581 | 0 | 0 |
| YELP INC | CL A | 985817105 |  | 10254132 | 299216 | SH |  | SOLE |  | 299216 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 15340688 | 87163 | SH |  | SOLE |  | 87163 | 0 | 0 |

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