# EDGAR Filing Document

**Accession Number:** 0000778206
**File Stem:** 0002000324-25-004154
**Filing Date:** 2025-10
**Character Count:** 89099
**Document Hash:** 85cafe48ac591414a88fd718dc47f89d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-004154.hdr.sgml**: 20251030

**ACCESSION NUMBER**: 0002000324-25-004154

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251030

**DATE AS OF CHANGE**: 20251030

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SHELTON FUNDS
- **CENTRAL INDEX KEY:** 0000778206

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04417
- **FILM NUMBER:** 251435948

**BUSINESS ADDRESS:**
- **STREET 1:** 1875 LAWRENCE STREET
- **STREET 2:** SUITE 300
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202-1805
- **BUSINESS PHONE:** 4153982727

**MAIL ADDRESS:**
- **STREET 1:** 1875 LAWRENCE STREET
- **STREET 2:** SUITE 300
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202-1805

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALIFORNIA INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALIFORNIA INVESTMENT TRUST I
- **DATE OF NAME CHANGE:** 19870115

## Series and Classes Contracts Data

### Shelton Equity Income Fund (Series ID: S000016025)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000044035 | Investor Shares | EQTIX           |
| C000044036 | K Shares        | EQTKX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** SHELTON FUNDS

- **b. Investment Company Act file number:** 811-04417

- **c. CIK number of Registrant:** 0000778206

- **d. LEI of Registrant:** 254900S73SCF59AAL583

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1125 17th Street, Ste. 2550

  - **City:** Denver

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80202-1805

  - **Telephone number:** 800-955-9888

**Item A.2. Information about the Series.**

- **a. Name of Series:** Shelton Equity Income Fund

- **b. EDGAR series identifier (if any):** S000016025

- **c. LEI of Series:** 2549004NHJ9G2KY61O26

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $998055637.67

**Total Liabilities:** $11372176.44

**Net Assets:** $986683461.23

**Cash Not Reported:** $1524328.61

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000044035 | 2.04%                | 0.29%                | 3.68%                |
| Class ID C000044036 | 2.00%                | 0.31%                | 3.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $15403562.05             | $-2848223.29                               |
| Month 2  | $4654782.28              | $-2419342.56                               |
| Month 3  | $9571046.61              | $27013983.17                               |

**Designated Index Information**

- **Index Name:** S&P 500

- **Index Identifier:** SPX

### Schedule of Portfolio Investments

| Name                                       | Title                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Verizon Communications Inc.                | Verizon Communications Inc. COM                        | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Short            | EC               | CORP              | US        |      -100 | NS      | $-3500.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                         | Meta Platforms Inc CL A                                | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Short            | EC               | CORP              | US        |       -60 | NS      | $-80400.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                               | Synopsys Inc COM                                       | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Short            | EC               | CORP              | US        |       -80 | NS      | $-147200.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                | Walmart Inc COM                                        | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Short            | EC               | CORP              | US        |      -356 | NS      | $-17088.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Klepierre SA                               | Klepierre SA EUR1.40                                   | CUSIP: F5396X102<br>LEI: 969500PB4U31KEFHZ621 | Short            | EC               | CORP              | FR        |      -100 | NS      | $-60000.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc.                              | Prologis Inc. COM                                      | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Short            | EC               | CORP              | US        |      -100 | NS      | $-17000.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                               | Fastenal Co. COM                                       | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Short            | EC               | CORP              | US        |      -150 | NS      | $-14700.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| The Procter & Gamble Co.                   | The Procter & Gamble Co. COM NPV                       | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     40100 | NS      | $6297304.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                 | Nasdaq Inc COM                                         | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Short            | EC               | CORP              | US        |      -100 | NS      | $-8250.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc.                                | NetApp Inc. COM                                        | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Short            | EC               | CORP              | US        |      -220 | NS      | $-68640.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                            | Starbucks Corp. COM                                    | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Short            | EC               | CORP              | US        |      -100 | NS      | $-4000.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                             | Servicenow Inc COM                                     | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Short            | EC               | CORP              | US        |       -14 | NS      | $-38710.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc.                         | Iron Mountain Inc. COM USD0.01                         | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     24000 | NS      | $2215920.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Nike, Inc.                                 | Nike, Inc. CL B                                        | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Short            | EC               | CORP              | US        |      -100 | NS      | $-11300.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                        | Arista Networks Inc COM SHS                            | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |    127900 | NS      | $17464745.00  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Inc.                       | Paypal Holdings Inc. COM                               | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Short            | EC               | CORP              | US        |      -400 | NS      | $-49600.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Company              | Molson Coors Beverage Company CL B                     | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Short            | EC               | CORP              | US        |      -100 | NS      | $-8400.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation                        | Stryker Corporation COM                                | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Short            | EC               | CORP              | US        |       -30 | NS      | $-9870.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                 | Apple Inc. COM USD0.00001                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    131300 | NS      | $30479982.00  | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Company               | Bristol-Myers Squibb Company COM USD0.10               | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    157200 | NS      | $7416696.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                       | JPMorgan Chase & Co. COM                               | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Short            | EC               | CORP              | US        |       -60 | NS      | $-40920.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                  | RTX Corp. COM                                          | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     26900 | NS      | $4266340.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                             | S&P Global Inc COM                                     | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Short            | EC               | CORP              | US        |       -10 | NS      | $-13700.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Snrg Corporation                           | Snrg Corporation COM                                   | CUSIP: 78461V109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |       -27 | NS      | $-17847.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Companies, Inc.                  | Travelers Companies, Inc. COM                          | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Short            | EC               | CORP              | US        |      -127 | NS      | $-65405.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | XOM A 2025-09-19 CALL 120                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -375 | NC      | $-11625.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | ULTA A 2025-09-19 CALL 520                             | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -121 | NC      | $-39930.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | TT A 2025-09-19 CALL 440                               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -339 | NC      | $-49155.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                  | Tesla Inc COM                                          | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Short            | EC               | CORP              | US        |       -50 | NS      | $-36500.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc               | Thermo Fisher Scientific Inc COM                       | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Short            | EC               | CORP              | US        |        -5 | NS      | $-2865.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated        | Vertex Pharmaceuticals Incorporated COM                | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Short            | EC               | CORP              | US        |       -60 | NS      | $-10800.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                     | Trane Technologies PLC COM USD1                        | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     38900 | NS      | $16166840.00  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Company, Inc.         | American Water Works Company, Inc. COM USD0.01         | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     40100 | NS      | $5754751.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                               | NVIDIA Corp. COM                                       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Short            | EC               | CORP              | US        |      -250 | NS      | $-25750.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                               | Broadcom Inc COM                                       | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Short            | EC               | CORP              | US        |      -260 | NS      | $-362700.00   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                         | Meta Platforms Inc COM USD0.000006 CL 'A'              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     19400 | NS      | $14330780.00  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                               | Broadcom Inc COM USD0.001                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     64100 | NS      | $19062699.00  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.                    | Intuitive Surgical Inc. COM NEW                        | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Short            | EC               | CORP              | US        |       -60 | NS      | $-16200.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc.                            | CBRE Group Inc. COM USD0.01 CLASS A                    | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     85800 | NS      | $13909896.00  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corporation                   | Devon Energy Corporation COM USD0.10                   | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     78500 | NS      | $2833850.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corporation                        | Newmont Corporation COM                                | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Short            | EC               | CORP              | US        |      -400 | NS      | $-322000.00   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                          | Johnson & Johnson COM                                  | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Short            | EC               | CORP              | US        |      -784 | NS      | $-470400.00   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                  | Linde PLC COM EUR0.001                                 | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |     20600 | NS      | $9852774.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | YUM A 2025-09-19 CALL 150                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -100 | NC      | $-11300.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Williams Companies Inc. (The)              | Williams Companies Inc. (The) COM                      | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Short            | EC               | CORP              | US        |      -150 | NS      | $-4500.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                     | Waste Management, Inc. COM                             | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Short            | EC               | CORP              | US        |       -75 | NS      | $-13125.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                          | Wells Fargo & Co. COM                                  | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Short            | EC               | CORP              | US        |      -200 | NS      | $-110000.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                | United Parcel Service, Inc. CL B                       | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Short            | EC               | CORP              | US        |      -100 | NS      | $-11100.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corporation                  | Union Pacific Corporation COM                          | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Short            | EC               | CORP              | US        |      -100 | NS      | $-6500.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                    | UnitedHealth Group Inc. COM                            | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Short            | EC               | CORP              | US        |       -56 | NS      | $-8792.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | UBER A 2025-09-19 CALL 95                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -100 | NC      | $-23900.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                               | Target Corp. COM                                       | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Short            | EC               | CORP              | US        |       -40 | NS      | $-960.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| TCF Finl Corp                              | TCF Finl Corp COM STK USD0.01                          | CUSIP: 872275102<br>LEI: 529900O3NA77R4NUVL20 | Short            | EC               | CORP              | US        |      -450 | NS      | $-112050.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                   | AT&T Inc COM                                           | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Short            | EC               | CORP              | US        |     -1200 | NS      | $-178800.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions, Inc.                   | Skyworks Solutions, Inc. COM                           | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Short            | EC               | CORP              | US        |       -70 | NS      | $-4410.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands, Inc.                 | Constellation Brands, Inc. CL A                        | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Short            | EC               | CORP              | US        |       -30 | NS      | $-5400.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Limited                       | Schlumberger Limited COM STK                           | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Short            | EC               | CORP              | CW        |      -120 | NS      | $-16080.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | SCHW A 2025-09-19 CALL 90                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -525 | NC      | $-338625.00   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Railtex Inc                                | Railtex Inc COM                                        | CUSIP: 750766107<br>LEI: G617XSG94Z7G0RMW3L02 | Short            | EC               | CORP              | US        |       -70 | NS      | $-48090.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.            | Regeneron Pharmaceuticals, Inc. COM                    | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Short            | EC               | CORP              | US        |       -15 | NS      | $-5887.50     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Paragon Minerals Corp.                     | Paragon Minerals Corp. COM                             | CUSIP: 69913A108<br>LEI: N/A                  | Short            | EC               | CORP              | CA        |       -75 | NS      | $-8400.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| The Procter & Gamble Co.                   | The Procter & Gamble Co. COM                           | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Short            | EC               | CORP              | US        |      -100 | NS      | $-14200.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                                | Pfizer Inc. COM                                        | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Short            | EC               | CORP              | US        |      -300 | NS      | $-3000.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                     | Palo Alto Networks Inc COM                             | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Short            | EC               | CORP              | US        |      -300 | NS      | $-45300.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | ORLY A 2025-09-19 CALL 96                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -150 | NC      | $-124500.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | ORCL A 2025-09-19 CALL 240                             | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -60 | NC      | $-42420.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                      | NXP Semiconductors NV COM                              | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Short            | EC               | CORP              | NL        |      -160 | NS      | $-75200.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                         | NextEra Energy Inc COM                                 | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Short            | EC               | CORP              | US        |      -200 | NS      | $-2000.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                      | NXP Semiconductors NV EUR0.20                          | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     52400 | NS      | $12306140.00  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | MSFT A 2025-09-19 CALL 500                             | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -238 | NC      | $-315826.00   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc.                                  | MSCI Inc. COM                                          | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Short            | EC               | CORP              | US        |       -17 | NS      | $-5100.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                           | Merck & Co., Inc COM                                   | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Short            | EC               | CORP              | US        |      -100 | NS      | $-4600.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Mckesson Corp.                             | Mckesson Corp. COM                                     | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Short            | EC               | CORP              | US        |        -6 | NS      | $-1230.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                    | MasterCard Incorporated CL A                           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Short            | EC               | CORP              | US        |       -50 | NS      | $-106000.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                            | Eli Lilly & Co. COM                                    | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Short            | EC               | CORP              | US        |       -20 | NS      | $-2500.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)                         | Coca-Cola Co (The) COM                                 | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Short            | EC               | CORP              | US        |      -150 | NS      | $-6750.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Henry Jack & Associates Inc.               | Henry Jack & Associates Inc. COM                       | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Short            | EC               | CORP              | US        |       -30 | NS      | $-1500.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc.                               | Gartner Inc. COM                                       | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Short            | EC               | CORP              | US        |       -20 | NS      | $-8400.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Isramco Inc                                | Isramco Inc COM STK USD0.01                            | CUSIP: 465141406<br>LEI: 549300D431UXDJ4KKH56 | Short            | EC               | CORP              | US        |       -60 | NS      | $-600.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | IR A 2025-09-19 CALL 85                                | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -150 | NC      | $-4950.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                 | Intuit Inc COM                                         | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Short            | EC               | CORP              | US        |       -20 | NS      | $-50.00       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.      | International Business Machines Corp. COM              | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Short            | EC               | CORP              | US        |      -135 | NS      | $-8775.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                | Humana Inc. COM                                        | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Short            | EC               | CORP              | US        |       -71 | NS      | $-77390.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co. (The)                          | Hershey Co. (The) COM                                  | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Short            | EC               | CORP              | US        |       -25 | NS      | $-30125.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Hokuetsu Corporation                       | Hokuetsu Corporation NPV                               | CUSIP: J21882105<br>LEI: 549300CBTMD053ZJ7C79 | Short            | EC               | CORP              | JP        |      -400 | NS      | $-57200.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | HLT A 2025-09-19 CALL 280                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -130 | NC      | $-41860.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                            | Home Depot Inc. COM                                    | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Short            | EC               | CORP              | US        |      -311 | NS      | $-995200.00   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Onex Canada Asset Management Inc           | Onex Canada Asset Management Inc SUB VTG SHSH          | CUSIP: 37989N106<br>LEI: 5493008GPM536ZBKNN26 | Short            | EC               | CORP              | CA        |       -60 | NS      | $-180600.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                        | Global Payments Inc COM                                | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Short            | EC               | CORP              | US        |       -40 | NS      | $-7920.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Corning Incorporated                       | Corning Incorporated COM                               | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Short            | EC               | CORP              | US        |      -396 | NS      | $-110088.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                              | Accenture PLC CLS'A'USD0.0000225                       | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     28100 | NS      | $7305157.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc | Fidelity National Information Services Inc COM         | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Short            | EC               | CORP              | US        |      -100 | NS      | $-1250.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corporation                   | Devon Energy Corporation COM                           | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Short            | EC               | CORP              | US        |      -300 | NS      | $-28800.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Dominos Pizza Inc.                         | Dominos Pizza Inc. COM                                 | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Short            | EC               | CORP              | US        |        -8 | NS      | $-2820.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                        | Walt Disney Company COM                                | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Short            | EC               | CORP              | US        |      -725 | NS      | $-118900.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp.                      | Deckers Outdoor Corp. COM                              | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Short            | EC               | CORP              | US        |      -100 | NS      | $-40500.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | DE A 2025-09-19 CALL 520                               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -150 | NC      | $-7500.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Cematrix Corp                              | Cematrix Corp COM                                      | CUSIP: 15120R103<br>LEI: N/A                  | Short            | EC               | CORP              | CA        |      -150 | NS      | $-132750.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                            | CVS Health Corp COM                                    | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Short            | EC               | CORP              | US        |      -440 | NS      | $-41360.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                        | Cisco Systems, Inc. COM                                | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Short            | EC               | CORP              | US        |     -1000 | NS      | $-147000.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                   | Crowdstrike Holdings Inc CL A                          | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Short            | EC               | CORP              | US        |       -11 | NS      | $-1111.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                            | Salesforce Inc. COM                                    | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Short            | EC               | CORP              | US        |       -60 | NS      | $-62640.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation               | Costco Wholesale Corporation COM                       | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Short            | EC               | CORP              | US        |       -20 | NS      | $-29900.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                             | ConocoPhillips COM                                     | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Short            | EC               | CORP              | US        |      -175 | NS      | $-33950.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp.                              | Centene Corp. COM                                      | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Short            | EC               | CORP              | US        |      -100 | NS      | $-5000.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Kesselrun Resources Ltd.                   | Kesselrun Resources Ltd. COM                           | CUSIP: 492537105<br>LEI: 5299007D0DU3WNT8A817 | Short            | EC               | CORP              | CA        |      -350 | NS      | $-9450.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                        | Comcast Corporation CL A                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Short            | EC               | CORP              | US        |     -1200 | NS      | $-80400.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                      | Colgate-Palmolive Co. COM                              | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Short            | EC               | CORP              | US        |      -300 | NS      | $-13500.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.               | CF Industries Holdings, Inc. COM                       | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Short            | EC               | CORP              | US        |      -280 | NS      | $-30800.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.               | Cadence Design Systems, Inc. COM                       | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Short            | EC               | CORP              | US        |      -100 | NS      | $-84700.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc.                            | CBRE Group Inc. CL A                                   | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Short            | EC               | CORP              | US        |      -240 | NS      | $-122400.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                            | Caterpillar Inc COM                                    | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Short            | EC               | CORP              | US        |      -175 | NS      | $-270375.00   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Carrefour S.A.                             | Carrefour S.A. EUR2.50                                 | CUSIP: F13923119<br>LEI: 549300B8P6MUJ1YWTS08 | Short            | EC               | CORP              | FR        |      -400 | NS      | $-10800.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | C A 2025-09-19 CALL 80                                 | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |     -1000 | NC      | $-1685000.00  | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                    | Berkshire Hathaway Inc. CL B NEW                       | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Short            | EC               | CORP              | US        |      -100 | NS      | $-83200.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Bioject Med Techns                         | Bioject Med Techns COM NEW                             | CUSIP: 09059T206<br>LEI: N/A                  | Short            | EC               | CORP              | US        |      -390 | NS      | $-11700.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                      | Bank of America Corp. COM                              | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Short            | EC               | CORP              | US        |      -900 | NS      | $-328500.00   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | BA A 2025-09-19 CALL 230                               | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -60 | NC      | $-55200.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | AZO A 2025-09-19 CALL 3700                             | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |        -8 | NC      | $-411960.00   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | AXP A 2025-09-19 CALL 320                              | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -90 | NC      | $-136620.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Company, Inc.         | American Water Works Company, Inc. COM                 | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Short            | EC               | CORP              | US        |      -149 | NS      | $-30545.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation                       | Amphenol Corporation CL A                              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Short            | EC               | CORP              | US        |       -35 | NS      | $-8400.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                        | Arista Networks Inc COM USD0.0001                      | CUSIP: 040413106<br>LEI: 635400H1WKBLOQERUU95 | Short            | EC               | CORP              | US        |      -270 | NS      | $-170640.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | AMZN A 2025-09-19 CALL 230                             | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |      -120 | NC      | $-56400.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corporation                 | American Tower Corporation COM                         | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Short            | EC               | CORP              | US        |       -20 | NS      | $-140.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                 | Amgen Inc. COM                                         | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Short            | EC               | CORP              | US        |       -70 | NS      | $-10570.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc.                | Advanced Micro Devices Inc. COM                        | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Short            | EC               | CORP              | US        |       -80 | NS      | $-10160.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.            | Automatic Data Processing, Inc. COM                    | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Short            | EC               | CORP              | US        |       -20 | NS      | $-3480.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                  | Adobe Inc COM                                          | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Short            | EC               | CORP              | US        |       -20 | NS      | $-26600.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                              | Accenture PLC SHS CLASS A                              | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Short            | EC               | CORP              | IE        |       -60 | NS      | $-15300.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                        | Abbott Laboratories COM                                | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Short            | EC               | CORP              | US        |      -200 | NS      | $-81600.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION           | ABBV A 2025-09-19 CALL 200                             | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -40 | NC      | $-47240.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                 | Apple Inc. COM                                         | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Short            | EC               | CORP              | US        |      -600 | NS      | $-405000.00   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc.                           | Yum! Brands Inc. COM NPV                               | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |     21200 | NS      | $3115764.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Companies Inc. (The)              | Williams Companies Inc. (The) COM USD1.00              | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     35100 | NS      | $2031588.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                          | Wells Fargo & Co. COM USD1.666                         | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     33800 | NS      | $2777684.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                     | Waste Management, Inc. COM USD0.01                     | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     28600 | NS      | $6474754.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                | Walmart Inc COM USD0.10                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    162800 | NS      | $15788344.00  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                                | Vistra Corp COM USD0.01                                | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     18400 | NS      | $3479624.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated        | Vertex Pharmaceuticals Incorporated COM USD0.01        | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     21400 | NS      | $8367828.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.                | Verizon Communications Inc. COM USD0.10                | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     69900 | NS      | $3091677.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                    | UnitedHealth Group Inc. COM USD0.01                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     20600 | NS      | $6383322.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills               | B 0 09/18/25                                           | CUSIP: 912797PX9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  71500000 | PA      | $71364785.64  | 7.23%             | 2025-09-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United Parcel Service, Inc.                | United Parcel Service, Inc. CLASS'B'COM USD0.01        | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     49500 | NS      | $4328280.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corporation                  | Union Pacific Corporation COM USD2.50                  | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     26800 | NS      | $5991676.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                            | Ulta Beauty Inc COM STK USD0.01                        | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |     18600 | NS      | $9164778.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                      | Uber Technologies Inc COM USD0.00001                   | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     56800 | NS      | $5325000.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp.                     | Truist Financial Corp. COM                             | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    123700 | NS      | $5791634.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Companies, Inc.                  | Travelers Companies, Inc. COM NPV                      | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     53000 | NS      | $14390030.00  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc               | Thermo Fisher Scientific Inc COM USD1                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1700 | NS      | $837624.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc.                     | Texas Instruments Inc. COM USD1.00                     | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     17400 | NS      | $3523152.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                  | Tesla Inc COM USD0.001                                 | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     24400 | NS      | $8146428.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                               | Target Corp. COM STK USD0.0833                         | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     12700 | NS      | $1218946.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies Inc.                     | The TJX Companies Inc. COM USD1                        | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     10000 | NS      | $1366100.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                               | Synopsys Inc COM USD0.01                               | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     12800 | NS      | $7725056.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation                        | Stryker Corporation COM USD0.10                        | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      8900 | NS      | $3483549.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                            | Starbucks Corp. COM USD0.001                           | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     29100 | NS      | $2566329.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions, Inc.                   | Skyworks Solutions, Inc. COM USD0.25                   | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     16900 | NS      | $1266486.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                             | Servicenow Inc COM USD0.001                            | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      8000 | NS      | $7339680.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation             | The Charles Schwab Corporation COM USD0.01             | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    139300 | NS      | $13350512.00  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Limited                       | Schlumberger Limited COM USD0.01                       | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     35700 | NS      | $1315188.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                            | Salesforce Inc. COM USD0.001                           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     37800 | NS      | $9686250.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                             | S&P Global Inc COM USD1                                | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      1000 | NS      | $548440.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.            | Regeneron Pharmaceuticals, Inc. COM USD0.001           | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      5500 | NS      | $3193850.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc.                              | Prologis Inc. COM USD0.01                              | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     23100 | NS      | $2628318.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                | The Progressive Corporation COM USD1.00                | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     23400 | NS      | $5781204.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                                | Pfizer Inc. COM USD0.05                                | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    119900 | NS      | $2968724.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Inc.                       | Paypal Holdings Inc. COM USD0.0001                     | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    113300 | NS      | $7952527.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                     | Palo Alto Networks Inc COM USD0.0001                   | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     67400 | NS      | $12841048.00  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                               | Oracle Corp. COM USD0.01                               | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     31600 | NS      | $7145708.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.                   | O'Reilly Automotive Inc. USD0.01                       | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     48000 | NS      | $4976640.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                               | NVIDIA Corp. COM USD0.001                              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    134700 | NS      | $23462046.00  | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Nike, Inc.                                 | Nike, Inc. CLASS'B'COM NPV                             | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     22100 | NS      | $1709877.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                         | NextEra Energy Inc COM USD0.01                         | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     51000 | NS      | $3674550.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corporation                        | Newmont Corporation COM USD1.60                        | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     47100 | NS      | $3504240.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                              | Netflix, Inc. COM USD0.001                             | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     11600 | NS      | $14015700.00  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc.                                | NetApp Inc. COM USD0.001                               | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     64800 | NS      | $7308792.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                 | Nasdaq Inc COM USD0.01                                 | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     21000 | NS      | $1989540.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp                      | Monster Beverage Corp COM USD0.005                     | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |    130300 | NS      | $8132023.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Company              | Molson Coors Beverage Company COM USD0.01 CLASS B      | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |     34100 | NS      | $1721709.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                            | Microsoft Corp. COM USD0.00000625                      | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     36600 | NS      | $18544854.00  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                           | Merck & Co., Inc COM USD0.50                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     24500 | NS      | $2060940.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Mckesson Corp.                             | Mckesson Corp. COM USD0.01                             | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      1600 | NS      | $1098624.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                    | MasterCard Incorporated COM USD0.0001 CLASS A          | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     25000 | NS      | $14882250.00  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc.                                  | MSCI Inc. COM USD0.01                                  | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |      3300 | NS      | $1873476.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                            | Eli Lilly & Co. COM NPV                                | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      8000 | NS      | $5860640.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                          | Johnson & Johnson COM USD1.00                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    100100 | NS      | $17734717.00  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                       | JPMorgan Chase & Co. COM USD1.00                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     26700 | NS      | $8047914.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.                    | Intuitive Surgical Inc. COM USD0.001                   | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     20600 | NS      | $9749877.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                 | Intuit Inc COM USD0.01                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     12100 | NS      | $8070700.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.      | International Business Machines Corp. COM USD0.20      | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     41400 | NS      | $10080486.00  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                         | Ingersoll Rand Inc COM                                 | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |     39200 | NS      | $3113656.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                | Humana Inc. COM USD0.166                               | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     11200 | NS      | $3400992.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                            | Home Depot Inc. COM USD0.05                            | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     37700 | NS      | $15335229.00  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc              | Hilton Worldwide Holdings Inc COM USD0.01              | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     15400 | NS      | $4251324.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.             | Hewlett Packard Enterprise Co. COM USD0.01             | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |    284000 | NS      | $6409880.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co. (The)                          | Hershey Co. (The) COM USD1.00                          | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      7800 | NS      | $1433250.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Jack & Associates Inc.               | Henry Jack & Associates Inc. COM USD0.01               | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |      3000 | NS      | $489780.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                  | Goldman Sachs Group, Inc. COM USD0.01                  | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     13000 | NS      | $9688250.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                        | Global Payments Inc COM NPV                            | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |     19500 | NS      | $1731990.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc.                               | Gartner Inc. COM USD0.0005                             | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |      7900 | NS      | $1984401.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc | Fidelity National Information Services Inc COM USD0.01 | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     17900 | NS      | $1249599.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                               | Fastenal Co. COM USD0.01                               | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     61400 | NS      | $3049124.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                          | Exxon Mobil Corp. COM NPV                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     81100 | NS      | $9268919.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc.                                  | eBay Inc. COM USD0.001                                 | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     79900 | NS      | $7239739.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominos Pizza Inc.                         | Dominos Pizza Inc. COM USD0.01                         | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |      1900 | NS      | $870770.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                        | Walt Disney Company COM DISNEY USD0.01                 | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    153100 | NS      | $18123978.00  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                            | Deere & Company COM USD1                               | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     26000 | NS      | $12444640.00  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp.                      | Deckers Outdoor Corp. COM USD0.01                      | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |     29400 | NS      | $3517122.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                   | Crowdstrike Holdings Inc COM USD0.0005 CL A            | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      7200 | NS      | $3050640.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation               | Costco Wholesale Corporation COM USD0.01               | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      8800 | NS      | $8301216.00   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Incorporated                       | Corning Incorporated COM USD0.50                       | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     76600 | NS      | $5134498.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp.                 | Constellation Energy Corp. COM                         | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     33100 | NS      | $10194138.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands, Inc.                 | Constellation Brands, Inc. COM USD0.01 CLASS A         | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     15100 | NS      | $2445294.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                             | ConocoPhillips COM USD0.01                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     61800 | NS      | $6116346.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                        | Comcast Corporation COM USD0.01 CL A                   | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    334400 | NS      | $11359568.00  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                      | Colgate-Palmolive Co. COM USD1.00                      | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     75600 | NS      | $6355692.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)                         | Coca-Cola Co (The) COM USD0.25                         | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     30100 | NS      | $2076599.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                             | Citigroup Inc. COM USD0.01                             | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    184800 | NS      | $17846136.00  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                        | Cisco Systems, Inc. COM USD0.001                       | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    210900 | NS      | $14571081.00  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                 | Chipotle Mexican Grill Inc COM USD0.01                 | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    154000 | NS      | $6489560.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                              | Chevron Corp. COM USD0.75                              | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55400 | NS      | $8897240.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp.                              | Centene Corp. COM USD0.001                             | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |     42800 | NS      | $1242912.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                            | Caterpillar Inc COM USD1.00                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     30300 | NS      | $12696912.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corporation                 | Carrier Global Corporation COM                         | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     87800 | NS      | $5724560.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.               | Cadence Design Systems, Inc. COM USD0.01               | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     33700 | NS      | $11809491.00  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                            | CVS Health Corp COM USD0.01                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     94100 | NS      | $6883415.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.               | CF Industries Holdings, Inc. COM USD0.01               | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     67800 | NS      | $5873514.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                       | Booking Holdings Inc COM USD0.008                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1600 | NS      | $8958480.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| The Boeing Company                         | The Boeing Company COM USD5.00                         | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     13300 | NS      | $3121244.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                    | Berkshire Hathaway Inc. COM USD0.0033 CLASS'B'         | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     32900 | NS      | $16548042.00  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                      | Bank of America Corp. COM USD0.01                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    134900 | NS      | $6844826.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Autozone, Inc.                             | Autozone, Inc. COM USD0.01                             | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |      2200 | NS      | $9236766.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.            | Automatic Data Processing, Inc. COM USD0.10            | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      6500 | NS      | $1976325.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation                       | Amphenol Corporation CL'A'COM USD0.001                 | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     18100 | NS      | $1970366.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                 | Amgen Inc. COM USD0.0001                               | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     16100 | NS      | $4632131.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Amerityre Corp                             | Amerityre Corp COM                                     | CUSIP: 03073V107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  20000000 | NS      | $820000.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corporation                 | American Tower Corporation COM USD0.01                 | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      7400 | NS      | $1508490.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                   | American Express Company COM USD0.20                   | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     27900 | NS      | $9242712.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                           | Amazon.com, Inc. COM USD0.01                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     63800 | NS      | $14610200.00  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                   | AT&T Inc COM USD1                                      | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    388400 | NS      | $11376236.00  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc.                | Advanced Micro Devices Inc. COM USD0.01                | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     30100 | NS      | $4895163.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                              | Alphabet Inc. CAP STK USD0.001 CL A                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    113000 | NS      | $24058830.00  | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                | AbbVie Inc. COM USD0.01                                | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     12200 | NS      | $2566880.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                  | Adobe Inc COM USD0.0001                                | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     15100 | NS      | $5386170.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                        | Abbott Laboratories COM NPV                            | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     46300 | NS      | $6142158.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** SHELTON FUNDS

**Signature:** /s/ Gregory Pusch

**Name of Signer:** Gregory Pusch

**Title:** General Counsel and CCO