# EDGAR Filing Document

**Accession Number:** 0000062039
**File Stem:** 0002000324-25-002721
**Filing Date:** 2025-8
**Character Count:** 34845
**Document Hash:** cd1d880711219814014c7d75f811f1a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-002721.hdr.sgml**: 20250813

**ACCESSION NUMBER**: 0002000324-25-002721

**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:** MANNING & NAPIER ADVISORS LLC
- **CENTRAL INDEX KEY:** 0000062039

**ORGANIZATION NAME:**
- **EIN:** 453240790
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-00866
- **FILM NUMBER:** 251210449

**BUSINESS ADDRESS:**
- **STREET 1:** 290 WOODCLIFF DRIVE
- **CITY:** FAIRPORT
- **STATE:** NY
- **ZIP:** 14450
- **BUSINESS PHONE:** 5853256880

**MAIL ADDRESS:**
- **STREET 1:** 290 WOODCLIFF DRIVE
- **CITY:** FAIRPORT
- **STATE:** NY
- **ZIP:** 14450

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANNING & NAPIER ADVISORS INC
- **DATE OF NAME CHANGE:** 19920929

### 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:** Manning  Napier Advisors LLC<br>**Address:** 290 Woodcliff Drive<br>Fairport, NY 14450

**Form 13F File Number:** 028-00866

**SEC File Number (if applicable):** 801-10733

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:** Jessica Kushner<br>**Title:** Chief Compliance Officer<br>**Phone:** 5853256880

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

Jessica Kushner  Fairport, NY  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:** 304

**Form 13F Information Table Value Total:** $8391819851

      (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 |
| Air Liquide SA | CS | 009126202 |  | 224152 | 5413 | SH |  | SOLE |  | 5413 | 0 | 0 |
| ALGONQUIN POWER N UTILITIES | CS | 015857105 |  | 7878750 | 1375000 | SH |  | SOLE |  | 1375000 | 0 | 0 |
| Allstate Corp | CS | 020002101 |  | 13028951 | 64721 | SH |  | SOLE |  | 54663 | 0 | 10058 |
| Amazon.com Inc | CS | 023135106 |  | 263691194 | 1201922 | SH |  | SOLE |  | 1116996 | 0 | 84926 |
| Amphenol Corp | CS | 032095101 |  | 97795971 | 990350 | SH |  | SOLE |  | 917975 | 0 | 72375 |
| Elevance Health Inc | CS | 036752103 |  | 14863853 | 38214 | SH |  | SOLE |  | 32845 | 0 | 5369 |
| APPLE INC COM | CS | 037833100 |  | 304677 | 1485 | SH |  | SOLE |  | 1125 | 0 | 360 |
| ARCHER DANIELS MIDLAND CO | CS | 039483102 |  | 2202932 | 41738 | SH |  | SOLE |  | 31618 | 0 | 10120 |
| Astrazeneca Plc Each Ads Representing 1/2 Of An Ordinary Share | ADR | 046353108 |  | 150423447 | 2152535 | SH |  | SOLE |  | 2025565 | 0 | 126970 |
| Atlassian Corp | CS | 049468101 |  | 61693676 | 303767 | SH |  | SOLE |  | 285360 | 0 | 18407 |
| Avery Dennison Corp | CS | 053611109 |  | 4251168 | 24227 | SH |  | SOLE |  | 20859 | 0 | 3368 |
| Bank of America Corporation | CS | 060505104 |  | 32064373 | 677598 | SH |  | SOLE |  | 603610 | 0 | 73988 |
| BAXTER INTL INC | CS | 071813109 |  | 13793842 | 455543 | SH |  | SOLE |  | 436381 | 0 | 19162 |
| Becton Dickinson  Co | CS | 075887109 |  | 11287361 | 65528 | SH |  | SOLE |  | 55430 | 0 | 10098 |
| WR Berkley Corp | CS | 084423102 |  | 8535787 | 116181 | SH |  | SOLE |  | 97770 | 0 | 18411 |
| BEST BUY INC | CS | 086516101 |  | 2309742 | 34407 | SH |  | SOLE |  | 26135 | 0 | 8272 |
| Bhp Billiton Ltd | ADR | 088606108 |  | 6798247 | 141363 | SH |  | SOLE |  | 140130 | 0 | 1233 |
| Booz Allen Hamilton Holding Corp | CS | 099502106 |  | 3229868 | 31017 | SH |  | SOLE |  | 27448 | 0 | 3569 |
| Bristol-Myers Squibb Company | CS | 110122108 |  | 18233520 | 393893 | SH |  | SOLE |  | 332166 | 0 | 61727 |
| British American Tobacco PLC | ADR | 110448107 |  | 8954049 | 189183 | SH |  | SOLE |  | 188021 | 0 | 1162 |
| Brown-Forman Corp | CS | 115637209 |  | 3729442 | 138587 | SH |  | SOLE |  | 119256 | 0 | 19331 |
| CF INDS HLDGS INC | CS | 125269100 |  | 1747816 | 18998 | SH |  | SOLE |  | 14399 | 0 | 4599 |
| CSX Corp | CS | 126408103 |  | 83656952 | 2563735 | SH |  | SOLE |  | 2351677 | 0 | 212058 |
| CVS HEALTH CORP COM | CS | 126650100 |  | 6901449 | 100050 | SH |  | SOLE |  | 100050 | 0 | 0 |
| Coterra Energy Inc | CS | 127097103 |  | 6303927 | 248383 | SH |  | SOLE |  | 209895 | 0 | 38488 |
| Cadence Design Systems Inc | CS | 127387108 |  | 226888369 | 736288 | SH |  | SOLE |  | 689433 | 0 | 46855 |
| Canadian National Railway Co | CS | 136375102 |  | 85324324 | 820103 | SH |  | SOLE |  | 773496 | 0 | 46607 |
| Canadian Natural Resources Ltd | CS | 136385101 |  | 4745934 | 151141 | SH |  | SOLE |  | 149846 | 0 | 1295 |
| Caterpillar Inc | CS | 149123101 |  | 31039439 | 79955 | SH |  | SOLE |  | 67518 | 0 | 12437 |
| CHEVRONTEXACO CORP | CS | 166764100 |  | 16083674 | 112324 | SH |  | SOLE |  | 85120 | 0 | 27204 |
| Chipotle Mexican Grill Inc Class A | CS | 169656105 |  | 140285483 | 2498301 | SH |  | SOLE |  | 2324831 | 0 | 173470 |
| Cincinnati Financial Corp | CS | 172062101 |  | 7569634 | 50830 | SH |  | SOLE |  | 42972 | 0 | 7858 |
| Citigroup Inc | CS | 172967424 |  | 31219998 | 366774 | SH |  | SOLE |  | 315622 | 0 | 51152 |
| Clearwater Analytics Holdings Inc. Class A | CS | 185123106 |  | 66885401 | 3049956 | SH |  | SOLE |  | 2822814 | 0 | 227142 |
| Coca-Cola Co | CS | 191216100 |  | 177515813 | 2509017 | SH |  | SOLE |  | 2340215 | 0 | 168802 |
| Cognizant Technology Solutions Corp A | CS | 192446102 |  | 10343567 | 132557 | SH |  | SOLE |  | 111656 | 0 | 20901 |
| COLGATE PALMOLIVE CO | CS | 194162103 |  | 4812610 | 52944 | SH |  | SOLE |  | 40160 | 0 | 12784 |
| CONAGRA FOODS INC | CS | 205887102 |  | 611685 | 29882 | SH |  | SOLE |  | 22725 | 0 | 7157 |
| COPART INC | CS | 217204106 |  | 5847279 | 119162 | SH |  | SOLE |  | 101143 | 0 | 18019 |
| Cummins Inc | CS | 231021106 |  | 11800842 | 36033 | SH |  | SOLE |  | 30454 | 0 | 5579 |
| DEERE AND CO | CS | 244199105 |  | 12309526 | 24208 | SH |  | SOLE |  | 18278 | 0 | 5930 |
| Deutsche Boerse AG | CS | 251542106 |  | 74331 | 2297 | SH |  | SOLE |  | 2297 | 0 | 0 |
| Dick's Sporting Goods Inc | CS | 253393102 |  | 5668343 | 28655 | SH |  | SOLE |  | 24232 | 0 | 4423 |
| eBay Inc | CS | 278642103 |  | 10015788 | 134511 | SH |  | SOLE |  | 113535 | 0 | 20976 |
| Ecopetrol SA | ADR | 279158109 |  | 1892657 | 213858 | SH |  | SOLE |  | 211978 | 0 | 1880 |
| Emerson Electric Co | CS | 291011104 |  | 14626828 | 109703 | SH |  | SOLE |  | 94384 | 0 | 15319 |
| Telefonaktiebolaget L M Ericsson | ADR | 294821608 |  | 2585544 | 304896 | SH |  | SOLE |  | 302247 | 0 | 2649 |
| Fifth Third Bancorp | CS | 316773100 |  | 8368549 | 203462 | SH |  | SOLE |  | 172013 | 0 | 31449 |
| Fiserv Inc | CS | 337738108 |  | 134709701 | 781332 | SH |  | SOLE |  | 728697 | 0 | 52635 |
| Fomento Economico Mexicano SAB de CV | ADR | 344419106 |  | 2736810 | 26576 | SH |  | SOLE |  | 26345 | 0 | 231 |
| General Mills Inc | CS | 370334104 |  | 7843920 | 151396 | SH |  | SOLE |  | 127876 | 0 | 23520 |
| GENESIS ENERGY LP | CS | 371927104 |  | 8103045 | 470287 | SH |  | SOLE |  | 470287 | 0 | 0 |
| Genuine Parts Co | CS | 372460105 |  | 5792409 | 47748 | SH |  | SOLE |  | 40224 | 0 | 7524 |
| Gilead Sciences Inc | CS | 375558103 |  | 25311939 | 228302 | SH |  | SOLE |  | 191880 | 0 | 36422 |
| Goldman Sachs ActiveBeta Intl Eq ETF | ETF | 381430107 |  | 9205301 | 232107 | SH |  | SOLE |  | 231476 | 0 | 631 |
| Goldman Sachs Acss Invmt Grd Corp Bd ETF | ETF | 381430479 |  | 11959714 | 259880 | SH |  | SOLE |  | 259880 | 0 | 0 |
| Goldman Sachs ActiveBeta US LgCp Eq ETF | ETF | 381430503 |  | 217762 | 1794 | SH |  | SOLE |  | 1691 | 0 | 103 |
| Haleon PLC SPON ADS EACH REP 2 ORD SHS | ADR | 405552100 |  | 3594203 | 346597 | SH |  | SOLE |  | 343554 | 0 | 3043 |
| Halliburton Co | CS | 406216101 |  | 5592793 | 274420 | SH |  | SOLE |  | 232875 | 0 | 41545 |
| The Hartford Insurance Group Inc | CS | 416515104 |  | 10104180 | 79642 | SH |  | SOLE |  | 67189 | 0 | 12453 |
| Heico Corp | CS | 422806208 |  | 120704255 | 466502 | SH |  | SOLE |  | 435163 | 0 | 31339 |
| The Hershey Co | CS | 427866108 |  | 9086663 | 54754 | SH |  | SOLE |  | 46184 | 0 | 8570 |
| HOME DEPOT INC | CS | 437076102 |  | 6347843 | 17314 | SH |  | SOLE |  | 13246 | 0 | 4068 |
| Honda Motor Co Ltd | ADR | 438128308 |  | 3783766 | 131242 | SH |  | SOLE |  | 130121 | 0 | 1121 |
| HONEYWELL INTL INC | CS | 438516106 |  | 4201853 | 18043 | SH |  | SOLE |  | 13721 | 0 | 4322 |
| HUMANA INC | CS | 444859102 |  | 2733531 | 11181 | SH |  | SOLE |  | 8390 | 0 | 2791 |
| Huntington Bancshares Inc | CS | 446150104 |  | 7679722 | 458212 | SH |  | SOLE |  | 388885 | 0 | 69327 |
| Imperial Oil Ltd Com New | CS | 453038408 |  | 3430818 | 43165 | SH |  | SOLE |  | 42785 | 0 | 380 |
| International Flavors  Fragrances Inc | CS | 459506101 |  | 4229715 | 57507 | SH |  | SOLE |  | 50881 | 0 | 6626 |
| iShares Core S 500 ETF | ETF | 464287200 |  | 235940 | 380 | SH |  | SOLE |  | 380 | 0 | 0 |
| ISHARES TR SANDP500/BAR GRW | ETF | 464287309 |  | 541289 | 4916 | SH |  | SOLE |  | 4916 | 0 | 0 |
| iShares JP Morgan USD Em Mkts Bd ETF | ETF | 464288281 |  | 916511 | 9895 | SH |  | SOLE |  | 9895 | 0 | 0 |
| iShares National Muni Bond ETF | ETF | 464288414 |  | 52851700 | 505849 | SH |  | SOLE |  | 503530 | 0 | 2319 |
| ISHARES TR HIGH YLD CORP | ETF | 464288513 |  | 486965 | 6038 | SH |  | SOLE |  | 6038 | 0 | 0 |
| ISHARES TR MBS FIXED BDFD | ETF | 464288588 |  | 32921308 | 350637 | SH |  | SOLE |  | 350637 | 0 | 0 |
| ISHARES TR LEHMAN CR BD | ETF | 464288620 |  | 22037616 | 428414 | SH |  | SOLE |  | 428414 | 0 | 0 |
| JACK IN THE BOX INC | CS | 466367109 |  | 6513540 | 373055 | SH |  | SOLE |  | 373055 | 0 | 0 |
| Johnson  Johnson | CS | 478160104 |  | 40079014 | 262380 | SH |  | SOLE |  | 225955 | 0 | 36425 |
| KeyCorp | CS | 493267108 |  | 10 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| KIMBERLY CLARK CORP | CS | 494368103 |  | 3360686 | 26068 | SH |  | SOLE |  | 19632 | 0 | 6436 |
| The Kraft Heinz Co | CS | 500754106 |  | 8236539 | 318994 | SH |  | SOLE |  | 269577 | 0 | 49417 |
| KraneShares Mount LucasMgdFutsIdxStgyETF | ETF | 500767652 |  | 21973 | 832 | SH |  | SOLE |  | 832 | 0 | 0 |
| The Kroger Co | CS | 501044101 |  | 8058194 | 112341 | SH |  | SOLE |  | 99042 | 0 | 13299 |
| L'Oreal SA | CS | 502117203 |  | 31483 | 358 | SH |  | SOLE |  | 358 | 0 | 0 |
| L3Harris Technologies Inc | CS | 502431109 |  | 200754041 | 800322 | SH |  | SOLE |  | 744231 | 0 | 56091 |
| LABCORP HOLDINGS INC COM SHS | CS | 504922105 |  | 2433205 | 9269 | SH |  | SOLE |  | 7006 | 0 | 2263 |
| LAS VEGAS SANDS CORP | CS | 517834107 |  | 2611905 | 60030 | SH |  | SOLE |  | 45618 | 0 | 14412 |
| Lennar Corp | CS | 526057104 |  | 7020919 | 63473 | SH |  | SOLE |  | 54612 | 0 | 8861 |
| Lockheed Martin Corp | CS | 539830109 |  | 20085975 | 43369 | SH |  | SOLE |  | 36615 | 0 | 6754 |
| MASCO CORP | CS | 574599106 |  | 2492148 | 38722 | SH |  | SOLE |  | 29809 | 0 | 8913 |
| Microsoft Corp | CS | 594918104 |  | 334365806 | 672222 | SH |  | SOLE |  | 625702 | 0 | 46520 |
| MICROCHIP TECHNOLOGY INC | CS | 595017104 |  | 1304308 | 18535 | SH |  | SOLE |  | 13913 | 0 | 4622 |
| Mondelez International Inc Class A | CS | 609207105 |  | 17704175 | 262514 | SH |  | SOLE |  | 221335 | 0 | 41179 |
| Moodys Corp | CS | 615369105 |  | 136882207 | 272896 | SH |  | SOLE |  | 254440 | 0 | 18456 |
| Nasdaq Inc | CS | 631103108 |  | 81741031 | 914130 | SH |  | SOLE |  | 853417 | 0 | 60713 |
| Newmont Mining Corp | CS | 651639106 |  | 10395227 | 178427 | SH |  | SOLE |  | 157340 | 0 | 21087 |
| Norfolk Southern Corp | CS | 655844108 |  | 68089911 | 266000 | SH |  | SOLE |  | 247731 | 0 | 18269 |
| Novo Nordisk A/S | ADR | 670100205 |  | 14092303 | 204174 | SH |  | SOLE |  | 202360 | 0 | 1814 |
| Nucor Corp | CS | 670346105 |  | 8633481 | 66646 | SH |  | SOLE |  | 56268 | 0 | 10378 |
| Occidental Petroleum Corp | CS | 674599105 |  | 9887296 | 235353 | SH |  | SOLE |  | 200700 | 0 | 34653 |
| Omnicom Group Inc | CS | 681919106 |  | 4962714 | 68983 | SH |  | SOLE |  | 58228 | 0 | 10755 |
| OWENS CORNING | CS | 690742101 |  | 685950 | 4988 | SH |  | SOLE |  | 3779 | 0 | 1209 |
| PNC Financial Services Group Inc | CS | 693475105 |  | 11420140 | 61259 | SH |  | SOLE |  | 54094 | 0 | 7165 |
| PPG Industries Inc | CS | 693506107 |  | 7867824 | 69167 | SH |  | SOLE |  | 58529 | 0 | 10638 |
| PACCAR INC | CS | 693718108 |  | 3690800 | 38826 | SH |  | SOLE |  | 29359 | 0 | 9467 |
| Persimmon PLC ADR | ADR | 715318101 |  | 124365 | 3383 | SH |  | SOLE |  | 3383 | 0 | 0 |
| PHILLIPS 66 | CS | 718546104 |  | 5419561 | 45428 | SH |  | SOLE |  | 34399 | 0 | 11029 |
| PLAINS ALL AMERICAN PIPELINE L | CS | 726503105 |  | 2748000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| Progressive Corp | CS | 743315103 |  | 18193600 | 68177 | SH |  | SOLE |  | 60095 | 0 | 8082 |
| QUALCOMM Inc | CS | 747525103 |  | 15701297 | 98589 | SH |  | SOLE |  | 90861 | 0 | 7728 |
| RALPH LAUREN CORP | CS | 751212101 |  | 993442 | 3622 | SH |  | SOLE |  | 2748 | 0 | 874 |
| REALTY INCOME CORP | CS | 756109104 |  | 4320750 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| Reliance Inc | CS | 759509102 |  | 5074882 | 16167 | SH |  | SOLE |  | 13883 | 0 | 2284 |
| Roche Holding AG ADR | ADR | 771195104 |  | 142955 | 3474 | SH |  | SOLE |  | 3474 | 0 | 0 |
| ROCKWELL AUTOMATION INC | CS | 773903109 |  | 1692406 | 5095 | SH |  | SOLE |  | 3855 | 0 | 1240 |
| Rollins Inc | CS | 775711104 |  | 72387789 | 1283011 | SH |  | SOLE |  | 1191867 | 0 | 91144 |
| Shell PLC SPON ADS EA REP 2 ORD SHS | ADR | 780259305 |  | 15614560 | 221764 | SH |  | SOLE |  | 220508 | 0 | 1256 |
| Schlumberger Ltd | CS | 806857108 |  | 11111515 | 328736 | SH |  | SOLE |  | 278680 | 0 | 50056 |
| Schwab S 500 Index | ETF | 808509855 |  | 177127 | 1850 | SH |  | SOLE |  | 1850 | 0 | 0 |
| Schwab US Large-Cap ETF | ETF | 808524201 |  | 31504 | 1288 | SH |  | SOLE |  | 1288 | 0 | 0 |
| Schwab US Small-Cap ETF | ETF | 808524607 |  | 3245 | 127 | SH |  | SOLE |  | 127 | 0 | 0 |
| Schwab US Dividend Equity ETF | ETF | 808524797 |  | 19010418 | 717163 | SH |  | SOLE |  | 716308 | 0 | 855 |
| SCHWAB STRATEGIC TR INTL EQTY | ETF | 808524805 |  | 212116 | 9598 | SH |  | SOLE |  | 9598 | 0 | 0 |
| Schwab US REIT ETF | ETF | 808524847 |  | 4800600 | 226848 | SH |  | SOLE |  | 226848 | 0 | 0 |
| Sherwin-Williams Co | CS | 824348106 |  | 71732048 | 208904 | SH |  | SOLE |  | 192721 | 0 | 16183 |
| Snap-on Inc | CS | 833034101 |  | 4022989 | 12928 | SH |  | SOLE |  | 11389 | 0 | 1539 |
| Sociedad Quimica Y Minera De Chile SA | ADR | 833635105 |  | 105123968 | 2980555 | SH |  | SOLE |  | 2787257 | 0 | 193298 |
| STEEL DYNAMICS INC | CS | 858119100 |  | 2991978 | 23373 | SH |  | SOLE |  | 17684 | 0 | 5689 |
| Suncor Energy Inc | CS | 867224107 |  | 3629774 | 96922 | SH |  | SOLE |  | 96076 | 0 | 846 |
| Synopsys Inc | CS | 871607107 |  | 71860322 | 140163 | SH |  | SOLE |  | 130208 | 0 | 9955 |
| Sysco Corp | CS | 871829107 |  | 9908328 | 130819 | SH |  | SOLE |  | 110440 | 0 | 20379 |
| Taiwan Semiconductor Manufacturing Co Ltd | ADR | 874039100 |  | 172608321 | 762106 | SH |  | SOLE |  | 715383 | 0 | 46723 |
| Takeda Pharmaceutical Co Ltd | ADR | 874060205 |  | 3791400 | 245241 | SH |  | SOLE |  | 243147 | 0 | 2094 |
| Tapestry Inc | CS | 876030107 |  | 4687970 | 53388 | SH |  | SOLE |  | 47046 | 0 | 6342 |
| Taylor Wimpey PLC | CS | 877409102 |  | 116590 | 7083 | SH |  | SOLE |  | 7083 | 0 | 0 |
| Thermo Fisher Scientific Inc | CS | 883556102 |  | 126652904 | 312353 | SH |  | SOLE |  | 291146 | 0 | 21207 |
| UGI CORP NEW | CS | 902681105 |  | 3277800 | 90000 | SH |  | SOLE |  | 90000 | 0 | 0 |
| US Bancorp | CS | 902973304 |  | 15690528 | 346746 | SH |  | SOLE |  | 293874 | 0 | 52872 |
| Unilever PLC ADR | ADR | 904767704 |  | 7857458 | 128452 | SH |  | SOLE |  | 127360 | 0 | 1092 |
| Union Pacific Corp | CS | 907818108 |  | 60918998 | 264765 | SH |  | SOLE |  | 246502 | 0 | 18263 |
| Vanguard Total Bond Market ETF | ETF | 921937835 |  | 32848262 | 446128 | SH |  | SOLE |  | 446128 | 0 | 0 |
| Vanguard FTSE Developed Markets ETF | ETF | 921943858 |  | 31892492 | 559424 | SH |  | SOLE |  | 558607 | 0 | 817 |
| Vanguard High Dividend Yield ETF | ETF | 921946406 |  | 5889624 | 44174 | SH |  | SOLE |  | 44174 | 0 | 0 |
| Vanguard Intl Hi Div Yld Idx ETF | ETF | 921946794 |  | 5289098 | 66021 | SH |  | SOLE |  | 66021 | 0 | 0 |
| Vanguard FTSE Emerging Markets ETF | ETF | 922042858 |  | 20339841 | 411216 | SH |  | SOLE |  | 411216 | 0 | 748 |
| Vanguard Tax-Exempt Bond ETF | ETF | 922907746 |  | 26818980 | 546981 | SH |  | SOLE |  | 542512 | 0 | 4469 |
| Vanguard S 500 ETF | ETF | 922908363 |  | 78363568 | 137953 | SH |  | SOLE |  | 137682 | 0 | 271 |
| Vanguard Real Estate ETF | ETF | 922908553 |  | 2064209 | 23175 | SH |  | SOLE |  | 23175 | 0 | 0 |
| Vanguard Mid-Cap ETF | ETF | 922908629 |  | 8682294 | 31023 | SH |  | SOLE |  | 30933 | 0 | 90 |
| Vanguard Value ETF | ETF | 922908744 |  | 5719733 | 32356 | SH |  | SOLE |  | 32258 | 0 | 98 |
| Vanguard Small-Cap ETF | ETF | 922908751 |  | 10083241 | 42542 | SH |  | SOLE |  | 42437 | 0 | 105 |
| Vanguard Total Stock Market ETF | ETF | 922908769 |  | 16847237 | 55423 | SH |  | SOLE |  | 55249 | 0 | 174 |
| WALGREENS BOOTS ALLIANCE INC C | CS | 931427108 |  | 4411994 | 384320 | SH |  | SOLE |  | 384320 | 0 | 0 |
| Wells Fargo  Co | CS | 949746101 |  | 38778358 | 483999 | SH |  | SOLE |  | 409278 | 0 | 74721 |
| West Fraser Timber Co.Ltd | CS | 952845105 |  | 63952261 | 872424 | SH |  | SOLE |  | 824540 | 0 | 47884 |
| WESTLAKE CORPORATION COM | CS | 960413102 |  | 1570536 | 20684 | SH |  | SOLE |  | 15725 | 0 | 4959 |
| Williams-Sonoma Inc | CS | 969904101 |  | 5754329 | 35222 | SH |  | SOLE |  | 30173 | 0 | 5049 |
| WOLVERINE WORLD WIDE INC | CS | 978097103 |  | 14747332 | 815671 | SH |  | SOLE |  | 815671 | 0 | 0 |
| EQUITABLE HLDGS INC COM | CS | 29452E101 |  | 4207500 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| RTX CORPORATION COM | CS | 75513E101 |  | 15256316 | 104481 | SH |  | SOLE |  | 79395 | 0 | 25086 |
| Vale SA | ADR | 91912E105 |  | 3459061 | 356232 | SH |  | SOLE |  | 353101 | 0 | 3131 |
| TARGET CORP | CS | 87612E106 |  | 1973000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| TotalEnergies SE | ADR | 89151E109 |  | 7753050 | 126288 | SH |  | SOLE |  | 125207 | 0 | 1081 |
| The Travelers Companies Inc | CS | 89417E109 |  | 14140547 | 52854 | SH |  | SOLE |  | 44739 | 0 | 8115 |
| Alphabet Inc A | CS | 02079K305 |  | 251233370 | 1425603 | SH |  | SOLE |  | 1332353 | 0 | 93250 |
| Ambev SA | ADR | 02319V103 |  | 3086741 | 1280792 | SH |  | SOLE |  | 1269575 | 0 | 11217 |
| America Movil SAB de CV | ADR | 02390A101 |  | 3932693 | 219213 | SH |  | SOLE |  | 217300 | 0 | 1913 |
| BAE Systems PLC | CS | 05523R107 |  | 66051 | 637 | SH |  | SOLE |  | 637 | 0 | 0 |
| Baker Hughes Co | CS | 05722G100 |  | 5413264 | 141190 | SH |  | SOLE |  | 129899 | 0 | 11291 |
| Barrick Mining Corp | CS | 06849F108 |  | 3036936 | 145866 | SH |  | SOLE |  | 144588 | 0 | 1278 |
| BlackRock Inc | CS | 09290D101 |  | 118428561 | 112869 | SH |  | SOLE |  | 105222 | 0 | 7647 |
| BLUE OWL CAPITAL INC | CS | 09581B103 |  | 7299800 | 380000 | SH |  | SOLE |  | 380000 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | CS | 11133T103 |  | 1356836 | 5583 | SH |  | SOLE |  | 4239 | 0 | 1344 |
| CBOE GLOBAL MARKETS INC | CS | 12503M108 |  | 5579549 | 23925 | SH |  | SOLE |  | 20628 | 0 | 3297 |
| CBRE Group Inc | CS | 12504L109 |  | 150913993 | 1077020 | SH |  | SOLE |  | 1004138 | 0 | 72882 |
| CDW Corp | CS | 12514G108 |  | 34330419 | 192227 | SH |  | SOLE |  | 176465 | 0 | 15762 |
| Canadian Pacific Kansas City Limited | CS | 13646K108 |  | 22178808 | 279783 | SH |  | SOLE |  | 262698 | 0 | 17085 |
| CAPITAL ONE FINL CORP | CS | 14040H105 |  | 9062512 | 42595 | SH |  | SOLE |  | 42595 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | CS | 14448C104 |  | 489714 | 6691 | SH |  | SOLE |  | 6611 | 0 | 80 |
| Cenovus Energy Inc | CS | 15135U109 |  | 2455649 | 180558 | SH |  | SOLE |  | 178981 | 0 | 1577 |
| COMPANHIA DE SANEAMENTO BASI | ADR | 20441A102 |  | 12458286 | 567059 | SH |  | SOLE |  | 508740 | 0 | 58319 |
| ConocoPhillips | CS | 20825C104 |  | 19979055 | 222630 | SH |  | SOLE |  | 189336 | 0 | 33294 |
| Constellation Brands Inc | CS | 21036P108 |  | 4271250 | 26255 | SH |  | SOLE |  | 24155 | 0 | 2100 |
| DELEK US HLDGS INC NEW | CS | 24665A103 |  | 5019808 | 237007 | SH |  | SOLE |  | 237007 | 0 | 0 |
| Deutsche Post AG | CS | 25157Y202 |  | 238085 | 5140 | SH |  | SOLE |  | 5140 | 0 | 0 |
| DEVON ENERGY CORP NEW | CS | 25179M103 |  | 1888051 | 59354 | SH |  | SOLE |  | 45081 | 0 | 14273 |
| Diageo PLC | ADR | 25243Q205 |  | 3969912 | 39367 | SH |  | SOLE |  | 39027 | 0 | 340 |
| Eni SpA ADR | ADR | 26874R108 |  | 4003331 | 123482 | SH |  | SOLE |  | 122403 | 0 | 1079 |
| EOG Resources Inc | CS | 26875P101 |  | 14627556 | 122293 | SH |  | SOLE |  | 103626 | 0 | 18667 |
| ENERGY TRANSFER LP | CS | 29273V100 |  | 12509700 | 690000 | SH |  | SOLE |  | 690000 | 0 | 0 |
| Experian PLC | CS | 30215C101 |  | 23797 | 459 | SH |  | SOLE |  | 459 | 0 | 0 |
| Extra Space Storage Inc | CS | 30225T102 |  | 65144307 | 441826 | SH |  | SOLE |  | 408917 | 0 | 32909 |
| Exxon Mobil Corp | CS | 30231G102 |  | 39714175 | 368403 | SH |  | SOLE |  | 318391 | 0 | 50012 |
| Meta Platforms Inc Class A | CS | 30303M102 |  | 232525244 | 315046 | SH |  | SOLE |  | 292968 | 0 | 22078 |
| FedEx Corp | CS | 31428X106 |  | 10824715 | 47620 | SH |  | SOLE |  | 41069 | 0 | 6551 |
| Ferguson Enterprises Inc | CS | 31488V107 |  | 9969779 | 45785 | SH |  | SOLE |  | 39385 | 0 | 6400 |
| Freeport-McMoRan Inc | CS | 35671D857 |  | 10294043 | 237461 | SH |  | SOLE |  | 210340 | 0 | 27121 |
| GSK PLC SPONSORED ADR | ADR | 37733W204 |  | 7038413 | 183292 | SH |  | SOLE |  | 183292 | 0 | 0 |
| GLOBAL PMTS INC | CS | 37940X102 |  | 3666792 | 45812 | SH |  | SOLE |  | 45812 | 0 | 0 |
| GLOBAL X FDS GLB X MLP ENRG I | ETF | 37954Y293 |  | 791083 | 12625 | SH |  | SOLE |  | 12625 | 0 | 0 |
| Gold Fields Ltd | ADR | 38059T106 |  | 2107655 | 89043 | SH |  | SOLE |  | 88267 | 0 | 776 |
| HDFC Bank Ltd | ADR | 40415F101 |  | 132317754 | 1725790 | SH |  | SOLE |  | 1618569 | 0 | 107221 |
| Halma PLC UNSP ADS EACH REP 2 ORD SHS | ADR | 40637C308 |  | 77643 | 872 | SH |  | SOLE |  | 872 | 0 | 0 |
| Hermes International SA | ADR | 42751Q105 |  | 227905 | 835 | SH |  | SOLE |  | 835 | 0 | 0 |
| HESS CORP | CS | 42809H107 |  | 3356548 | 24228 | SH |  | SOLE |  | 18351 | 0 | 5877 |
| Rockefeller Opportunistic Muncpl Bd ETF | ETF | 45259A878 |  | 21158444 | 863608 | SH |  | SOLE |  | 863608 | 0 | 0 |
| Infineon Technologies AG | CS | 45662N103 |  | 140843 | 3359 | SH |  | SOLE |  | 3359 | 0 | 0 |
| Intercontinental Exchange Inc | CS | 45866F104 |  | 70081029 | 381979 | SH |  | SOLE |  | 356494 | 0 | 25485 |
| Intuitive Surgical Inc | CS | 46120E602 |  | 135809591 | 249924 | SH |  | SOLE |  | 233306 | 0 | 16618 |
| Invesco S 500 Equal Weight ETF | ETF | 46137V357 |  | 22726460 | 125029 | SH |  | SOLE |  | 124805 | 0 | 224 |
| ISHARES TR MSCI INDIA SML | ETF | 46429B614 |  | 1914913 | 24811 | SH |  | SOLE |  | 24811 | 0 | 0 |
| iShares MSCI USA Quality Factor ETF | ETF | 46432F339 |  | 462937 | 2532 | SH |  | SOLE |  | 2024 | 0 | 508 |
| iShares Core MSCI Total Intl Stk ETF | ETF | 46432F834 |  | 3396365 | 43929 | SH |  | SOLE |  | 43929 | 0 | 0 |
| iShares Core MSCI EAFE ETF | ETF | 46432F842 |  | 12913 | 155 | SH |  | SOLE |  | 155 | 0 | 0 |
| iShares Core MSCI Emerging Markets ETF | ETF | 46434G103 |  | 7211 | 120 | SH |  | SOLE |  | 120 | 0 | 0 |
| iShares High Yield Systematic Bond ETF | ETF | 46435G250 |  | 52750 | 1111 | SH |  | SOLE |  | 1111 | 0 | 0 |
| ISHARES TR MTG REL ETF NEW | ETF | 46435G342 |  | 722708 | 33803 | SH |  | SOLE |  | 33803 | 0 | 0 |
| ISHARES TR ETF MSCI USA | ETF | 46435G425 |  | 1048575 | 7750 | SH |  | SOLE |  | 7750 | 0 | 0 |
| iShares Fallen Angels USD Bond ETF | ETF | 46435G474 |  | 2584534 | 95229 | SH |  | SOLE |  | 95229 | 0 | 0 |
| ISHARES TR MSCI EAFE ESG | ETF | 46435G516 |  | 318337 | 3568 | SH |  | SOLE |  | 3568 | 0 | 0 |
| iShares Broad USD High Yield Corporate Bond ETF | ETF | 46435U853 |  | 37623267 | 1003025 | SH |  | SOLE |  | 1002167 | 0 | 858 |
| iShares 0-3 Month Treasury Bond ETF | ETF | 46436E718 |  | 14138180 | 140412 | SH |  | SOLE |  | 140412 | 0 | 0 |
| JPMorgan Chase  Co | CS | 46625H100 |  | 123454016 | 425835 | SH |  | SOLE |  | 382122 | 0 | 43713 |
| JPMorgan Ultra-Short Municipal Income ETF | ETF | 46641Q654 |  | 4620074 | 90731 | SH |  | SOLE |  | 90402 | 0 | 329 |
| JD.com Inc ADR | ADR | 47215P106 |  | 3941844 | 120767 | SH |  | SOLE |  | 119700 | 0 | 1067 |
| LEGG MASON ETF EQUITY TR INT L | ETF | 52468L505 |  | 1566924 | 48139 | SH |  | SOLE |  | 48139 | 0 | 0 |
| LIBERTY OILFIELD SVCS INC | CS | 53115L104 |  | 2296000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| iMGP DBi Managed Futures Strategy ETF | ETF | 53700T827 |  | 22866 | 888 | SH |  | SOLE |  | 888 | 0 | 0 |
| Lonza Group Ltd | ADR | 54338V101 |  | 79699 | 1120 | SH |  | SOLE |  | 1120 | 0 | 0 |
| M AND T BK CORP | CS | 55261F104 |  | 1542027 | 7949 | SH |  | SOLE |  | 7949 | 0 | 0 |
| MSCI Inc | CS | 55354G100 |  | 21269216 | 36878 | SH |  | SOLE |  | 34123 | 0 | 2755 |
| Marathon Petroleum Corp | CS | 56585A102 |  | 13208375 | 79515 | SH |  | SOLE |  | 67279 | 0 | 12236 |
| Mastercard Inc A | CS | 57636Q104 |  | 234456141 | 417224 | SH |  | SOLE |  | 388198 | 0 | 29026 |
| MATCH GROUP INC NEW COM | CS | 57667L107 |  | 8340300 | 270000 | SH |  | SOLE |  | 270000 | 0 | 0 |
| MercadoLibre Inc | CS | 58733R102 |  | 72399187 | 27702 | SH |  | SOLE |  | 25992 | 0 | 1710 |
| Merck  Co Inc | CS | 58933Y105 |  | 20433480 | 258121 | SH |  | SOLE |  | 228829 | 0 | 29292 |
| MOLSON COORS BREWING CO | CS | 60871R209 |  | 625459 | 13006 | SH |  | SOLE |  | 9886 | 0 | 3120 |
| NetEase Inc | ADR | 64110W102 |  | 5950061 | 44212 | SH |  | SOLE |  | 43831 | 0 | 381 |
| Novartis Ag | ADR | 66987V109 |  | 11606950 | 95915 | SH |  | SOLE |  | 95093 | 0 | 822 |
| NVIDIA Corp | CS | 67066G104 |  | 208644805 | 1320666 | SH |  | SOLE |  | 1223431 | 0 | 97235 |
| Nutrien Ltd COM NPV | CS | 67077M108 |  | 2682233 | 46054 | SH |  | SOLE |  | 45651 | 0 | 403 |
| Osprey Bitcoin Trust UNIT BEN INT | CS | 68839C206 |  | 11159 | 361 | SH |  | SOLE |  | 361 | 0 | 0 |
| OTIS WORLDWIDE CORP | CS | 68902V107 |  | 243985 | 2464 | SH |  | SOLE |  | 2424 | 0 | 40 |
| PERDOCEO ED CORP COM | CS | 71363P106 |  | 5119940 | 156621 | SH |  | SOLE |  | 156621 | 0 | 0 |
| Quest Diagnostics Inc | CS | 74834L100 |  | 5675764 | 31597 | SH |  | SOLE |  | 27131 | 0 | 4466 |
| RB GLOBAL INC COM NPV | CS | 74935Q107 |  | 1099172 | 10351 | SH |  | SOLE |  | 7876 | 0 | 2475 |
| REGIONS FINANCIAL CORP NEW | CS | 7591EP100 |  | 1064045 | 45240 | SH |  | SOLE |  | 34369 | 0 | 10871 |
| S Inc Com | CS | 78409V104 |  | 102403903 | 194207 | SH |  | SOLE |  | 181036 | 0 | 13171 |
| SPDR S 500 ETF Trust | ETF | 78462F103 |  | 13443782 | 21758 | SH |  | SOLE |  | 21758 | 0 | 0 |
| SPDR MSCI EAFE StrategicFactors ETF | ETF | 78463X434 |  | 344954 | 4042 | SH |  | SOLE |  | 3815 | 0 | 227 |
| SPDR Nuveen Blmbg Hi Yld Muncpl Bd ETF | ETF | 78464A284 |  | 257289 | 10383 | SH |  | SOLE |  | 10383 | 0 | 0 |
| SPDR SERIES TRUST INTERMD CR E | ETF | 78464A375 |  | 5491270 | 163528 | SH |  | SOLE |  | 163528 | 0 | 0 |
| SPDR SERIES TRUST BARC CAPTL E | ETF | 78464A474 |  | 16169855 | 535603 | SH |  | SOLE |  | 535603 | 0 | 0 |
| SPDR Portfolio S 500 Value ETF | ETF | 78464A508 |  | 2104962 | 40209 | SH |  | SOLE |  | 40209 | 0 | 0 |
| SPDR Portfolio Intmdt Term Trs ETF | ETF | 78464A672 |  | 52738285 | 1833118 | SH |  | SOLE |  | 1833118 | 0 | 0 |
| SSNC TECHNOLOGIES HLDGS INC | CS | 78467J100 |  | 5753276 | 69484 | SH |  | SOLE |  | 63107 | 0 | 6377 |
| SPDR Portfolio Short Term Treasury ETF | ETF | 78468R101 |  | 12321637 | 420678 | SH |  | SOLE |  | 420678 | 0 | 0 |
| SPDR SER TR BLOOMBERG HIGH Y | ETF | 78468R622 |  | 2795734 | 28742 | SH |  | SOLE |  | 28742 | 0 | 0 |
| SPDR SER TR NUVN BR SHT MUNI | ETF | 78468R739 |  | 280379 | 5862 | SH |  | SOLE |  | 3010 | 0 | 2852 |
| Salesforce Inc | CS | 79466L302 |  | 65744013 | 241095 | SH |  | SOLE |  | 224138 | 0 | 16957 |
| SANOFI SPONSORED ADR | ADR | 80105N105 |  | 7971150 | 165000 | SH |  | SOLE |  | 165000 | 0 | 0 |
| SEALED AIR CORP NEW | CS | 81211K100 |  | 1861800 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| ServiceNow Inc | CS | 81762P102 |  | 162372988 | 157941 | SH |  | SOLE |  | 146588 | 0 | 11353 |
| Simplify Managed Futures Strategy ETF | ETF | 82889N699 |  | 10731 | 401 | SH |  | SOLE |  | 401 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | CS | 83088M102 |  | 1292028 | 17338 | SH |  | SOLE |  | 13073 | 0 | 4265 |
| Southern Copper Corp | CS | 84265V105 |  | 11883197 | 117457 | SH |  | SOLE |  | 103929 | 0 | 13528 |
| SPECTRUM BRANDS HLDGS INC NEW | CS | 84790A105 |  | 12190000 | 230000 | SH |  | SOLE |  | 230000 | 0 | 0 |
| Tenaris SA ADR | ADR | 88031M109 |  | 2249054 | 60136 | SH |  | SOLE |  | 59609 | 0 | 527 |
| 3M CO | CS | 88579Y101 |  | 8713456 | 57235 | SH |  | SOLE |  | 43255 | 0 | 13980 |
| TransUnion | CS | 89400J107 |  | 133193867 | 1513528 | SH |  | SOLE |  | 1408714 | 0 | 104814 |
| Truist Finl Corp Com | CS | 89832Q109 |  | 13654397 | 317614 | SH |  | SOLE |  | 268890 | 0 | 48724 |
| UnitedHealth Group Inc | CS | 91324P102 |  | 192741921 | 617787 | SH |  | SOLE |  | 573127 | 0 | 44660 |
| Valero Energy Corp | CS | 91913Y100 |  | 11044221 | 82161 | SH |  | SOLE |  | 69437 | 0 | 12724 |
| VanEck High Yield Muni ETF | ETF | 92189H409 |  | 15125 | 301 | SH |  | SOLE |  | 301 | 0 | 0 |
| Vanguard Consumer Staples ETF | ETF | 92204A207 |  | 1994 | 9 | SH |  | SOLE |  | 9 | 0 | 0 |
| Vanguard Financials ETF | ETF | 92204A405 |  | 5381 | 42 | SH |  | SOLE |  | 42 | 0 | 0 |
| Vanguard Information Technology ETF | ETF | 92204A702 |  | 5252 | 8 | SH |  | SOLE |  | 8 | 0 | 0 |
| Vanguard Communication Services ETF | ETF | 92204A884 |  | 2376 | 14 | SH |  | SOLE |  | 14 | 0 | 0 |
| Vanguard Short-Term Corporate Bond ETF | ETF | 92206C409 |  | 1883909 | 23697 | SH |  | SOLE |  | 23697 | 0 | 0 |
| Vanguard Intmdt-Term Trs ETF | ETF | 92206C706 |  | 255834 | 4287 | SH |  | SOLE |  | 4287 | 0 | 0 |
| Vanguard Mortgage-Backed Secs ETF | ETF | 92206C771 |  | 27038588 | 583484 | SH |  | SOLE |  | 583484 | 0 | 0 |
| Vanguard Long-Term Corporate Bd ETF | ETF | 92206C813 |  | 1203246 | 15853 | SH |  | SOLE |  | 15853 | 0 | 0 |
| Vanguard Long-Term Treasury ETF | ETF | 92206C847 |  | 14759252 | 262990 | SH |  | SOLE |  | 262990 | 0 | 0 |
| Vanguard Interm-Term Corp Bd ETF | ETF | 92206C870 |  | 5705639 | 68809 | SH |  | SOLE |  | 68809 | 0 | 0 |
| Vertex Pharmaceuticals Inc | CS | 92532F100 |  | 103991911 | 233580 | SH |  | SOLE |  | 217671 | 0 | 15909 |
| VIATRIS INC | CS | 92556V106 |  | 8573130 | 960037 | SH |  | SOLE |  | 960037 | 0 | 0 |
| Visa Inc Class A | CS | 92826C839 |  | 175245832 | 493580 | SH |  | SOLE |  | 458478 | 0 | 35102 |
| Workday Inc | CS | 98138H101 |  | 123687618 | 515367 | SH |  | SOLE |  | 479203 | 0 | 36164 |
| Yum China Hldgs Inc Com | CS | 98850P109 |  | 1882565 | 42105 | SH |  | SOLE |  | 41573 | 0 | 532 |
| Zoetis Inc | CS | 98978V103 |  | 62819249 | 402807 | SH |  | SOLE |  | 374331 | 0 | 28476 |
| ZTO Express (Cayman) Inc | ADR | 98980A105 |  | 1604260 | 90380 | SH |  | SOLE |  | 89587 | 0 | 793 |
| ACCENTURE PLC IRELAND SHS CLAS | CS | G1151C101 |  | 4595434 | 15375 | SH |  | SOLE |  | 11672 | 0 | 3703 |
| CRH PLC ORD | CS | G25508105 |  | 4483420 | 48839 | SH |  | SOLE |  | 37140 | 0 | 11699 |
| Coca-Cola Europacific Partners PLC | CS | G25839104 |  | 3383929 | 36496 | SH |  | SOLE |  | 36176 | 0 | 320 |
| Everest Group Ltd | CS | G3223R108 |  | 4276340 | 12583 | SH |  | SOLE |  | 10733 | 0 | 1850 |
| Medtronic PLC | CS | G5960L103 |  | 20004155 | 229482 | SH |  | SOLE |  | 191936 | 0 | 37546 |
| Nu Holdings Ltd | CS | G6683N103 |  | 78099366 | 5692407 | SH |  | SOLE |  | 5349965 | 0 | 342442 |
| Smurfit WestRock plc COM USD0.001 | CS | G8267P108 |  | 6568464 | 152220 | SH |  | SOLE |  | 127329 | 0 | 24891 |
| TE Connectivity PLC | CS | G87052109 |  | 4084052 | 24213 | SH |  | SOLE |  | 23999 | 0 | 214 |
| CHUBB LIMITED COM | CS | H1467J104 |  | 6899392 | 23814 | SH |  | SOLE |  | 18117 | 0 | 5697 |
| CELLEBRITE DI LTD ORDINARY SHA | CS | M2197Q107 |  | 944800 | 59050 | SH |  | SOLE |  | 59050 | 0 | 0 |
| CNH INDL N V | CS | N20944109 |  | 1866603 | 144028 | SH |  | SOLE |  | 108622 | 0 | 35406 |
| Ferrari NV | CS | N3167Y103 |  | 131432032 | 267825 | SH |  | SOLE |  | 250647 | 0 | 17178 |
| NXP Semiconductors NV | CS | N6596X109 |  | 4330780 | 19821 | SH |  | SOLE |  | 19646 | 0 | 175 |

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