# EDGAR Filing Document

**Accession Number:** 0001732541
**File Stem:** 0001732541-26-000002
**Filing Date:** 2026-5
**Character Count:** 38767
**Document Hash:** fef1589fb7d8bd23481660b3fd82520a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001732541-26-000002.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001732541-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Defiance ETFs, LLC
- **CENTRAL INDEX KEY:** 0001732541

**ORGANIZATION NAME:**
- **EIN:** 824003506
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-26598
- **FILM NUMBER:** 26984333

**BUSINESS ADDRESS:**
- **STREET 1:** 450 WEST 42ND STREET, #37S
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 516-305-7768

**MAIL ADDRESS:**
- **STREET 1:** 450 WEST 42ND STREET, #37S
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** Defiance ETFs LLC<br>**Address:** 450 WEST 42ND STREET #37S<br>NEW YORK, NY 10036

**Form 13F File Number:** 028-26598

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:** Brian MacKenzie<br>**Title:** Chief Compliance Officer<br>**Phone:** 720-798-4847

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

Brian MacKenzie  Denver, CO  05-15-2026<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 366

**Form 13F Information Table Value Total:** $6981730339

      (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 |
| AES Corp/The | COM | 00130H105 |  | 1013494 | 71930 | SH |  | SOLE |  | 71930 | 0 | 0 |
| AT Inc | COM | 00206R102 |  | 12162001 | 419524 | SH |  | SOLE |  | 419524 | 0 | 0 |
| A10 Networks Inc | COM | 002121101 |  | 9782951 | 423138 | SH |  | SOLE |  | 423138 | 0 | 0 |
| AST SpaceMobile Inc | COM | 00217D100 |  | 31048074 | 374660 | SH |  | SOLE |  | 374660 | 0 | 0 |
| Abbott Laboratories | COM | 002824100 |  | 590866 | 5755 | SH |  | SOLE |  | 5755 | 0 | 0 |
| AbbVie Inc | COM | 00287Y109 |  | 1296675 | 5962 | SH |  | SOLE |  | 5962 | 0 | 0 |
| Adobe Inc | COM | 00724F101 |  | 337152 | 1387 | SH |  | SOLE |  | 1387 | 0 | 0 |
| Advanced Micro Devices Inc | COM | 007903107 |  | 43306382 | 212881 | SH |  | SOLE |  | 212881 | 0 | 0 |
| AeroVironment Inc | COM | 008073108 |  | 3210148 | 17537 | SH |  | SOLE |  | 17537 | 0 | 0 |
| Air Products and Chemicals Inc | COM | 009158106 |  | 212757 | 737 | SH |  | SOLE |  | 737 | 0 | 0 |
| AIRO Group Holdings Inc | COM | 009422106 |  | 1266423 | 166525 | SH |  | SOLE |  | 166525 | 0 | 0 |
| Akamai Technologies Inc | COM | 00971T101 |  | 10307558 | 89748 | SH |  | SOLE |  | 89748 | 0 | 0 |
| Alibaba Group Holding Ltd | COM | 01609W102 |  | 33234479 | 264901 | SH |  | SOLE |  | 264901 | 0 | 0 |
| Alphabet Inc | COM | 02079K305 |  | 38016583 | 132204 | SH |  | SOLE |  | 132204 | 0 | 0 |
| Oklo Inc | COM | 02156V109 |  | 180658552 | 3643044 | SH |  | SOLE |  | 3643044 | 0 | 0 |
| Altria Group Inc | COM | 02209S103 |  | 366970 | 5561 | SH |  | SOLE |  | 5561 | 0 | 0 |
| American Electric Power Co Inc | COM | 025537101 |  | 232798 | 1776 | SH |  | SOLE |  | 1776 | 0 | 0 |
| American Express Co | COM | 025816109 |  | 699636 | 2313 | SH |  | SOLE |  | 2313 | 0 | 0 |
| American Superconductor Corp | COM | 030111207 |  | 1429384 | 42227 | SH |  | SOLE |  | 42227 | 0 | 0 |
| AMERICAN TOWER CORP | COM | 03027X100 |  | 10420725 | 60382 | SH |  | SOLE |  | 60382 | 0 | 0 |
| Amgen Inc | COM | 031162100 |  | 629108 | 1788 | SH |  | SOLE |  | 1788 | 0 | 0 |
| Amphenol Corp | COM | 032095101 |  | 512223 | 4054 | SH |  | SOLE |  | 4054 | 0 | 0 |
| Analog Devices Inc | COM | 032654105 |  | 48047730 | 151027 | SH |  | SOLE |  | 151027 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 215757 | 737 | SH |  | SOLE |  | 737 | 0 | 0 |
| Apple Inc | COM | 037833100 |  | 34887750 | 137467 | SH |  | SOLE |  | 137467 | 0 | 0 |
| Applied Digital Corp | COM | 038169207 |  | 1089809 | 45906 | SH |  | SOLE |  | 45906 | 0 | 0 |
| Applied Materials Inc | COM | 038222105 |  | 53165093 | 155549 | SH |  | SOLE |  | 155549 | 0 | 0 |
| Applied Optoelectronics Inc | COM | 03823U102 |  | 214436 | 2535 | SH |  | SOLE |  | 2535 | 0 | 0 |
| AppLovin Corp | COM | 03831W108 |  | 292530 | 735 | SH |  | SOLE |  | 735 | 0 | 0 |
| Archer Aviation Inc | COM | 03945R102 |  | 4225658 | 817342 | SH |  | SOLE |  | 817342 | 0 | 0 |
| Argan Inc | COM | 04010E109 |  | 2630115 | 4829 | SH |  | SOLE |  | 4829 | 0 | 0 |
| Arista Networks Inc | COM | 040413205 |  | 14528803 | 118332 | SH |  | SOLE |  | 118332 | 0 | 0 |
| ARM Holdings PLC | COM | 042068205 |  | 58630682 | 387564 | SH |  | SOLE |  | 387564 | 0 | 0 |
| Astera Labs Inc | COM | 04626A103 |  | 29092115 | 265439 | SH |  | SOLE |  | 265439 | 0 | 0 |
| Atkore Inc | COM | 047649108 |  | 1325122 | 22494 | SH |  | SOLE |  | 22494 | 0 | 0 |
| Automatic Data Processing Inc | COM | 053015103 |  | 274293 | 1350 | SH |  | SOLE |  | 1350 | 0 | 0 |
| BTQ Technologies Corp | COM | 055869101 |  | 16918375 | 6336470 | SH |  | SOLE |  | 6336470 | 0 | 0 |
| BWX Technologies Inc | COM | 05605H100 |  | 4352979 | 21287 | SH |  | SOLE |  | 21287 | 0 | 0 |
| Baidu Inc | COM | 056752108 |  | 37184419 | 333732 | SH |  | SOLE |  | 333732 | 0 | 0 |
| Bank of America Corp | COM | 060505104 |  | 1185649 | 24321 | SH |  | SOLE |  | 24321 | 0 | 0 |
| Bank of New York Mellon Corp/The | COM | 064058100 |  | 274747 | 2316 | SH |  | SOLE |  | 2316 | 0 | 0 |
| BARRICK MNG CORP SWAP CS | COM | 06849F108 |  | 2068257 | 50705 | SH |  | SOLE |  | 50705 | 0 | 0 |
| Berkshire Hathaway Inc | COM | 084670702 |  | 2205278 | 4602 | SH |  | SOLE |  | 4602 | 0 | 0 |
| Bitfarms Ltd/Canada | COM | 09173B107 |  | 3377207 | 1731901 | SH |  | SOLE |  | 1731901 | 0 | 0 |
| BITMINE IMMERSION TECNOLOGIE | COM | 09175A206 |  | 2243052 | 1134 | SH | Call | SOLE |  | 1134 | 0 | 0 |
| Blackstone Inc | COM | 09260D107 |  | 279426 | 2430 | SH |  | SOLE |  | 2430 | 0 | 0 |
| BlackSky Technology Inc | COM | 09263B207 |  | 2580510 | 102564 | SH |  | SOLE |  | 102564 | 0 | 0 |
| Blackrock Inc | COM | 09290D101 |  | 475085 | 494 | SH |  | SOLE |  | 494 | 0 | 0 |
| Bloom Energy Corp | COM | 093712107 |  | 7719678 | 56976 | SH |  | SOLE |  | 56976 | 0 | 0 |
| Boeing Co/The | COM | 097023105 |  | 503745 | 2531 | SH |  | SOLE |  | 2531 | 0 | 0 |
| Booking Holdings Inc | COM | 09857L108 |  | 484187 | 115 | SH |  | SOLE |  | 115 | 0 | 0 |
| Booz Allen Hamilton Holding Corp | COM | 099502106 |  | 35293437 | 452306 | SH |  | SOLE |  | 452306 | 0 | 0 |
| Boston Scientific Corp | COM | 101137107 |  | 306408 | 4883 | SH |  | SOLE |  | 4883 | 0 | 0 |
| Bristol-Myers Squibb Co | COM | 110122108 |  | 407932 | 6726 | SH |  | SOLE |  | 6726 | 0 | 0 |
| Broadcom Inc | COM | 11135F101 |  | 405632354 | 1310563 | SH |  | SOLE |  | 1310563 | 0 | 0 |
| C3.ai Inc | COM | 12468P104 |  | 4251898 | 504976 | SH |  | SOLE |  | 504976 | 0 | 0 |
| Cigna Group/The | COM | 125523100 |  | 235540 | 883 | SH |  | SOLE |  | 883 | 0 | 0 |
| CME Group Inc | COM | 12572Q105 |  | 352353 | 1193 | SH |  | SOLE |  | 1193 | 0 | 0 |
| CSG Systems International Inc | COM | 126349109 |  | 8924262 | 111637 | SH |  | SOLE |  | 111637 | 0 | 0 |
| CSX Corp | COM | 126408103 |  | 251801 | 6134 | SH |  | SOLE |  | 6134 | 0 | 0 |
| CVS Health Corp | COM | 126650100 |  | 301141 | 4193 | SH |  | SOLE |  | 4193 | 0 | 0 |
| CACI International Inc | COM | 127190304 |  | 894666 | 1645 | SH |  | SOLE |  | 1645 | 0 | 0 |
| Cadence Design Systems Inc | COM | 127387108 |  | 34830171 | 125347 | SH |  | SOLE |  | 125347 | 0 | 0 |
| Calix Inc | COM | 13100M509 |  | 8589368 | 175329 | SH |  | SOLE |  | 175329 | 0 | 0 |
| Cameco Corp | COM | 13321L108 |  | 11964478 | 110160 | SH |  | SOLE |  | 110160 | 0 | 0 |
| Capital One Financial Corp | COM | 14040H105 |  | 380549 | 2086 | SH |  | SOLE |  | 2086 | 0 | 0 |
| CARVANA CO SWAP JNST-L | COM | 146869102 |  | 8410923 | 26754 | SH |  | SOLE |  | 26754 | 0 | 0 |
| Caterpillar Inc | COM | 149123101 |  | 1123618 | 1586 | SH |  | SOLE |  | 1586 | 0 | 0 |
| Celestica Inc | COM | 15101Q207 |  | 11090868 | 39374 | SH |  | SOLE |  | 39374 | 0 | 0 |
| Centrus Energy Corp | COM | 15643U104 |  | 1337858 | 7707 | SH |  | SOLE |  | 7707 | 0 | 0 |
| CEVA Inc | COM | 157210105 |  | 8306678 | 444683 | SH |  | SOLE |  | 444683 | 0 | 0 |
| Cheniere Energy Inc | COM | 16411R208 |  | 201470 | 710 | SH |  | SOLE |  | 710 | 0 | 0 |
| Chevron Corp | COM | 166764100 |  | 1389954 | 6718 | SH |  | SOLE |  | 6718 | 0 | 0 |
| Ciena Corp | COM | 171779309 |  | 12287868 | 31651 | SH |  | SOLE |  | 31651 | 0 | 0 |
| Cipher Digital Inc | COM | 17253J106 |  | 943461 | 73307 | SH |  | SOLE |  | 73307 | 0 | 0 |
| Cirrus Logic Inc | COM | 172755100 |  | 48142986 | 332893 | SH |  | SOLE |  | 332893 | 0 | 0 |
| Cisco Systems Inc | COM | 17275R102 |  | 64708508 | 833980 | SH |  | SOLE |  | 833980 | 0 | 0 |
| Citigroup Inc | COM | 172967424 |  | 674222 | 5945 | SH |  | SOLE |  | 5945 | 0 | 0 |
| Cleanspark Inc | COM | 18452B209 |  | 878811 | 103268 | SH |  | SOLE |  | 103268 | 0 | 0 |
| Cloudflare Inc | COM | 18915M107 |  | 40881938 | 198129 | SH |  | SOLE |  | 198129 | 0 | 0 |
| Coca-Cola Co/The | COM | 191216100 |  | 1095500 | 14405 | SH |  | SOLE |  | 14405 | 0 | 0 |
| Coherent Corp | COM | 19247G107 |  | 53894060 | 226246 | SH |  | SOLE |  | 226246 | 0 | 0 |
| Colgate-Palmolive Co | COM | 194162103 |  | 228161 | 2677 | SH |  | SOLE |  | 2677 | 0 | 0 |
| Comcast Corp | COM | 20030N101 |  | 339652 | 11968 | SH |  | SOLE |  | 11968 | 0 | 0 |
| Vistance Networks Inc | COM | 20337X109 |  | 9181900 | 504500 | SH |  | SOLE |  | 504500 | 0 | 0 |
| ConocoPhillips | COM | 20825C104 |  | 546744 | 4142 | SH |  | SOLE |  | 4142 | 0 | 0 |
| Constellation Energy Corp | COM | 21037T109 |  | 10095446 | 36152 | SH |  | SOLE |  | 36152 | 0 | 0 |
| CoreWeave Inc | COM | 21873S108 |  | 37044915 | 478184 | SH |  | SOLE |  | 478184 | 0 | 0 |
| Core Scientific Inc | COM | 21874A106 |  | 919053 | 61434 | SH |  | SOLE |  | 61434 | 0 | 0 |
| Corning Inc | COM | 219350105 |  | 355154 | 2612 | SH |  | SOLE |  | 2612 | 0 | 0 |
| Costco Wholesale Corp | COM | 22160K105 |  | 1491656 | 1497 | SH |  | SOLE |  | 1497 | 0 | 0 |
| Crowdstrike Holdings Inc | COM | 22788C105 |  | 317403 | 813 | SH |  | SOLE |  | 813 | 0 | 0 |
| Cummins Inc | COM | 231021106 |  | 250717 | 466 | SH |  | SOLE |  | 466 | 0 | 0 |
| Danaher Corp | COM | 235851102 |  | 405175 | 2137 | SH |  | SOLE |  | 2137 | 0 | 0 |
| Datadog Inc | COM | 23804L103 |  | 9954567 | 84325 | SH |  | SOLE |  | 84325 | 0 | 0 |
| Deere  Co | COM | 244199105 |  | 482748 | 857 | SH |  | SOLE |  | 857 | 0 | 0 |
| Denison Mines Corp | COM | 248356107 |  | 1480704 | 419463 | SH |  | SOLE |  | 419463 | 0 | 0 |
| Digital Realty Trust Inc | COM | 253868103 |  | 12247252 | 67961 | SH |  | SOLE |  | 67961 | 0 | 0 |
| DigitalBridge Group Inc | COM | 25401T603 |  | 1016918 | 65948 | SH |  | SOLE |  | 65948 | 0 | 0 |
| DigitalOcean Holdings Inc | COM | 25402D102 |  | 11256566 | 131226 | SH |  | SOLE |  | 131226 | 0 | 0 |
| Walt Disney Co/The | COM | 254687106 |  | 569702 | 5911 | SH |  | SOLE |  | 5911 | 0 | 0 |
| Dominion Energy Inc | COM | 25746U109 |  | 5008038 | 81010 | SH |  | SOLE |  | 81010 | 0 | 0 |
| DRAFTKINGS INC SWAP MS-L | COM | 26142V105 |  | 9362801 | 433062 | SH |  | SOLE |  | 433062 | 0 | 0 |
| Duke Energy Corp | COM | 26441C204 |  | 336123 | 2567 | SH |  | SOLE |  | 2567 | 0 | 0 |
| D-Wave Quantum Inc | COM | 26740W109 |  | 4932953 | 341854 | SH |  | SOLE |  | 341854 | 0 | 0 |
| Dycom Industries Inc | COM | 267475101 |  | 2440859 | 7204 | SH |  | SOLE |  | 7204 | 0 | 0 |
| Dynatrace Inc | COM | 268150109 |  | 9170670 | 247990 | SH |  | SOLE |  | 247990 | 0 | 0 |
| EOG Resources Inc | COM | 26875P101 |  | 261093 | 1806 | SH |  | SOLE |  | 1806 | 0 | 0 |
| EchoStar Corp | COM | 278768106 |  | 20281441 | 173242 | SH |  | SOLE |  | 173242 | 0 | 0 |
| Ecolab Inc | COM | 278865100 |  | 226117 | 850 | SH |  | SOLE |  | 850 | 0 | 0 |
| Emerson Electric Co | COM | 291011104 |  | 242911 | 1854 | SH |  | SOLE |  | 1854 | 0 | 0 |
| Energy Fuels Inc/Canada | COM | 292671708 |  | 1944428 | 106544 | SH |  | SOLE |  | 106544 | 0 | 0 |
| EnerSys | COM | 29275Y102 |  | 2199816 | 12663 | SH |  | SOLE |  | 12663 | 0 | 0 |
| Energy Vault Holdings Inc | COM | 29280W109 |  | 1085149 | 328833 | SH |  | SOLE |  | 328833 | 0 | 0 |
| Eos Energy Enterprises Inc | COM | 29415C101 |  | 1134382 | 228706 | SH |  | SOLE |  | 228706 | 0 | 0 |
| Equinix Inc | COM | 29444U700 |  | 12792132 | 13050 | SH |  | SOLE |  | 13050 | 0 | 0 |
| Telefonaktiebolaget LM Ericsson | COM | 294821608 |  | 10583567 | 939092 | SH |  | SOLE |  | 939092 | 0 | 0 |
| Evergy Inc | COM | 30034W106 |  | 1834352 | 22392 | SH |  | SOLE |  | 22392 | 0 | 0 |
| Extreme Networks Inc | COM | 30226D106 |  | 9208949 | 610673 | SH |  | SOLE |  | 610673 | 0 | 0 |
| Exxon Mobil Corp | COM | 30231G102 |  | 2244941 | 13232 | SH |  | SOLE |  | 13232 | 0 | 0 |
| Fastly Inc | COM | 31188V100 |  | 291617 | 10035 | SH |  | SOLE |  | 10035 | 0 | 0 |
| FedEx Corp | COM | 31428X106 |  | 253600 | 712 | SH |  | SOLE |  | 712 | 0 | 0 |
| F5 Inc | COM | 315616102 |  | 9407854 | 32516 | SH |  | SOLE |  | 32516 | 0 | 0 |
| Firefly Aerospace Inc | COM | 31816X106 |  | 7982134 | 280370 | SH |  | SOLE |  | 280370 | 0 | 0 |
| Fluence Energy Inc | COM | 34379V103 |  | 1012846 | 73608 | SH |  | SOLE |  | 73608 | 0 | 0 |
| Ford Motor Co | COM | 345370860 |  | 148589 | 12876 | SH |  | SOLE |  | 12876 | 0 | 0 |
| Freeport-McMoRan Inc | COM | 35671D857 |  | 278735 | 4742 | SH |  | SOLE |  | 4742 | 0 | 0 |
| Frequency Electronics Inc | COM | 358010106 |  | 1889592 | 42693 | SH |  | SOLE |  | 42693 | 0 | 0 |
| FuelCell Energy Inc | COM | 35952H700 |  | 989145 | 151477 | SH |  | SOLE |  | 151477 | 0 | 0 |
| GDS Holdings Ltd | COM | 36165L108 |  | 973084 | 24152 | SH |  | SOLE |  | 24152 | 0 | 0 |
| GE Vernova Inc | COM | 36828A101 |  | 22091353 | 25308 | SH |  | SOLE |  | 25308 | 0 | 0 |
| Generac Holdings Inc | COM | 368736104 |  | 3133093 | 16040 | SH |  | SOLE |  | 16040 | 0 | 0 |
| General Dynamics Corp | COM | 369550108 |  | 781855 | 2278 | SH |  | SOLE |  | 2278 | 0 | 0 |
| GE AEROSPACE | COM | 369604301 |  | 1007951 | 3552 | SH |  | SOLE |  | 3552 | 0 | 0 |
| General Motors Co | COM | 37045V100 |  | 230503 | 3094 | SH |  | SOLE |  | 3094 | 0 | 0 |
| Gilead Sciences Inc | COM | 375558103 |  | 577689 | 4145 | SH |  | SOLE |  | 4145 | 0 | 0 |
| Globalstar Inc | COM | 378973507 |  | 9468835 | 142560 | SH |  | SOLE |  | 142560 | 0 | 0 |
| GLOBAL X COPPER SWAP MREX-L | COM | 37954Y830 |  | 6985186 | 91489 | SH |  | SOLE |  | 91489 | 0 | 0 |
| Goldman Sachs Group Inc/The | COM | 38141G104 |  | 855296 | 1011 | SH |  | SOLE |  | 1011 | 0 | 0 |
| HCA Healthcare Inc | COM | 40412C101 |  | 256496 | 542 | SH |  | SOLE |  | 542 | 0 | 0 |
| Hewlett Packard Enterprise Co | COM | 42824C109 |  | 39763033 | 1670014 | SH |  | SOLE |  | 1670014 | 0 | 0 |
| HIMS  HERS HEALTH INC | COM | 433000106 |  | 154127595 | 7424258 | SH |  | SOLE |  | 7424258 | 0 | 0 |
| Hilton Worldwide Holdings Inc | COM | 43300A203 |  | 230493 | 758 | SH |  | SOLE |  | 758 | 0 | 0 |
| Hive Digital Technologies Ltd | COM | 433921103 |  | 895956 | 471556 | SH |  | SOLE |  | 471556 | 0 | 0 |
| Home Depot Inc/The | COM | 437076102 |  | 1105399 | 3361 | SH |  | SOLE |  | 3361 | 0 | 0 |
| Honeywell International Inc | COM | 438516106 |  | 49986083 | 221148 | SH |  | SOLE |  | 221148 | 0 | 0 |
| Howmet Aerospace Inc | COM | 443201108 |  | 306051 | 1328 | SH |  | SOLE |  | 1328 | 0 | 0 |
| Hubbell Inc | COM | 443510607 |  | 5918325 | 12060 | SH |  | SOLE |  | 12060 | 0 | 0 |
| HUT 8 CORP | COM | 44812J104 |  | 946128 | 20169 | SH |  | SOLE |  | 20169 | 0 | 0 |
| Illinois Tool Works Inc | COM | 452308109 |  | 247536 | 951 | SH |  | SOLE |  | 951 | 0 | 0 |
| Intel Corp | COM | 458140100 |  | 46228250 | 1047547 | SH |  | SOLE |  | 1047547 | 0 | 0 |
| Intercontinental Exchange Inc | COM | 45866F104 |  | 294271 | 1871 | SH |  | SOLE |  | 1871 | 0 | 0 |
| InterDigital Inc | COM | 45867G101 |  | 7521612 | 24906 | SH |  | SOLE |  | 24906 | 0 | 0 |
| International Business Machines Corp | COM | 459200101 |  | 33368620 | 137665 | SH |  | SOLE |  | 137665 | 0 | 0 |
| Invesco QQQ Trust Series 1 | COM | 46090E103 |  | 34532679 | 59830 | SH |  | SOLE |  | 59830 | 0 | 0 |
| Intuit Inc | COM | 461202103 |  | 395195 | 914 | SH |  | SOLE |  | 914 | 0 | 0 |
| Intuitive Surgical Inc | COM | 46120E602 |  | 537053 | 1165 | SH |  | SOLE |  | 1165 | 0 | 0 |
| Intuitive Machines Inc | COM | 46125A100 |  | 38702129 | 2085244 | SH |  | SOLE |  | 2085244 | 0 | 0 |
| IonQ Inc | COM | 46222L108 |  | 279717368 | 9702302 | SH |  | SOLE |  | 9702302 | 0 | 0 |
| Iridium Communications Inc | COM | 46269C102 |  | 7078554 | 255175 | SH |  | SOLE |  | 255175 | 0 | 0 |
| iShares Core S 500 ETF | COM | 464287200 |  | 137601953 | 210655 | SH |  | SOLE |  | 210655 | 0 | 0 |
| Itron Inc | COM | 465741106 |  | 1645876 | 18363 | SH |  | SOLE |  | 18363 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 2506243 | 8520 | SH |  | SOLE |  | 8520 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 1981920 | 8108 | SH |  | SOLE |  | 8108 | 0 | 0 |
| KLA CORP | COM | 482480100 |  | 50637653 | 34391 | SH |  | SOLE |  | 34391 | 0 | 0 |
| KKR  Co Inc | COM | 48251W104 |  | 211085 | 2282 | SH |  | SOLE |  | 2282 | 0 | 0 |
| Keysight Technologies Inc | COM | 49338L103 |  | 10774674 | 38158 | SH |  | SOLE |  | 38158 | 0 | 0 |
| Kinder Morgan Inc | COM | 49456B101 |  | 221164 | 6596 | SH |  | SOLE |  | 6596 | 0 | 0 |
| Kingsoft Cloud Holdings Ltd | COM | 49639K101 |  | 8803412 | 658938 | SH |  | SOLE |  | 658938 | 0 | 0 |
| Kratos Defense  Security Solutions Inc | COM | 50077B207 |  | 1976536 | 28032 | SH |  | SOLE |  | 28032 | 0 | 0 |
| Kyndryl Holdings Inc | COM | 50155Q100 |  | 9237385 | 704069 | SH |  | SOLE |  | 704069 | 0 | 0 |
| L3Harris Technologies Inc | COM | 502431109 |  | 756914 | 2193 | SH |  | SOLE |  | 2193 | 0 | 0 |
| Lam Research Corp | COM | 512807306 |  | 54560217 | 255360 | SH |  | SOLE |  | 255360 | 0 | 0 |
| Lattice Semiconductor Corp | COM | 518415104 |  | 50850939 | 548199 | SH |  | SOLE |  | 548199 | 0 | 0 |
| Leidos Holdings Inc | COM | 525327102 |  | 743075 | 4778 | SH |  | SOLE |  | 4778 | 0 | 0 |
| LEMONADE INC SWAP CS | COM | 52567D107 |  | 11631089 | 185563 | SH |  | SOLE |  | 185563 | 0 | 0 |
| LLY  SWAP NOMURA | COM | 532457108 |  | 107468687 | 116843 | SH |  | SOLE |  | 116843 | 0 | 0 |
| Lockheed Martin Corp | COM | 539830109 |  | 54804877 | 90678 | SH |  | SOLE |  | 90678 | 0 | 0 |
| Lowe's Cos Inc | COM | 548661107 |  | 439008 | 1858 | SH |  | SOLE |  | 1858 | 0 | 0 |
| Lumentum Holdings Inc | COM | 55024U109 |  | 11415633 | 16244 | SH |  | SOLE |  | 16244 | 0 | 0 |
| MKS Inc | COM | 55306N104 |  | 57594063 | 250616 | SH |  | SOLE |  | 250616 | 0 | 0 |
| MP Materials Corp | COM | 553368101 |  | 7232630 | 149868 | SH |  | SOLE |  | 149868 | 0 | 0 |
| MYR Group Inc | COM | 55405W104 |  | 1536950 | 5444 | SH |  | SOLE |  | 5444 | 0 | 0 |
| MACOM Technology Solutions Holdings Inc | COM | 55405Y100 |  | 9318945 | 41964 | SH |  | SOLE |  | 41964 | 0 | 0 |
| MARA Holdings Inc | COM | 565788106 |  | 971326 | 119035 | SH |  | SOLE |  | 119035 | 0 | 0 |
| Marathon Petroleum Corp | COM | 56585A102 |  | 243692 | 998 | SH |  | SOLE |  | 998 | 0 | 0 |
| Marsh  McLennan Cos Inc | COM | 571748102 |  | 281509 | 1623 | SH |  | SOLE |  | 1623 | 0 | 0 |
| Marriott International Inc/MD | COM | 571903202 |  | 241378 | 738 | SH |  | SOLE |  | 738 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 60104926 | 606814 | SH |  | SOLE |  | 606814 | 0 | 0 |
| MasTec Inc | COM | 576323109 |  | 5971173 | 18559 | SH |  | SOLE |  | 18559 | 0 | 0 |
| Mastercard Inc | COM | 57636Q104 |  | 1293120 | 2588 | SH |  | SOLE |  | 2588 | 0 | 0 |
| MaxLinear Inc | COM | 57776J100 |  | 9122829 | 524602 | SH |  | SOLE |  | 524602 | 0 | 0 |
| McDonald's Corp | COM | 580135101 |  | 736883 | 2371 | SH |  | SOLE |  | 2371 | 0 | 0 |
| McKesson Corp | COM | 58155Q103 |  | 362586 | 419 | SH |  | SOLE |  | 419 | 0 | 0 |
| Merck  Co Inc | COM | 58933Y105 |  | 996121 | 8281 | SH |  | SOLE |  | 8281 | 0 | 0 |
| Mercury Systems Inc | COM | 589378108 |  | 881409 | 12089 | SH |  | SOLE |  | 12089 | 0 | 0 |
| Microsoft Corp | COM | 594918104 |  | 32534982 | 87892 | SH |  | SOLE |  | 87892 | 0 | 0 |
| STRATEGY INC SWAP CS | COM | 594972408 |  | 359135212 | 2877686 | SH |  | SOLE |  | 2877686 | 0 | 0 |
| STRATEGY INC | COM | 594972408 |  | 27705600 | 2220 | SH | Put | SOLE |  | 2220 | 0 | 0 |
| Microchip Technology Inc | COM | 595017104 |  | 40149235 | 621409 | SH |  | SOLE |  | 621409 | 0 | 0 |
| Micron Technology Inc | COM | 595112103 |  | 55377381 | 163916 | SH |  | SOLE |  | 163916 | 0 | 0 |
| MODERNA INC SWAP MAREX-L | COM | 60770K107 |  | 2101443 | 41367 | SH |  | SOLE |  | 41367 | 0 | 0 |
| Mondelez International Inc | COM | 609207105 |  | 245085 | 4252 | SH |  | SOLE |  | 4252 | 0 | 0 |
| MongoDB Inc | COM | 60937P106 |  | 24156596 | 98691 | SH |  | SOLE |  | 98691 | 0 | 0 |
| Moody's Corp | COM | 615369105 |  | 257824 | 591 | SH |  | SOLE |  | 591 | 0 | 0 |
| Morgan Stanley | COM | 617446448 |  | 670623 | 4075 | SH |  | SOLE |  | 4075 | 0 | 0 |
| Motorola Solutions Inc | COM | 620076307 |  | 239117 | 551 | SH |  | SOLE |  | 551 | 0 | 0 |
| N-able Inc/US | COM | 62878D100 |  | 8573924 | 1835958 | SH |  | SOLE |  | 1835958 | 0 | 0 |
| NVE Corp | COM | 629445206 |  | 38022422 | 580495 | SH |  | SOLE |  | 580495 | 0 | 0 |
| NANO Nuclear Energy Inc | COM | 63010H108 |  | 1003192 | 48984 | SH |  | SOLE |  | 48984 | 0 | 0 |
| Navitas Semiconductor Corp | COM | 63942X106 |  | 213900 | 24390 | SH |  | SOLE |  | 24390 | 0 | 0 |
| Net Power Inc | COM | 64107A105 |  | 831875 | 533253 | SH |  | SOLE |  | 533253 | 0 | 0 |
| NetApp Inc | COM | 64110D104 |  | 10139989 | 99033 | SH |  | SOLE |  | 99033 | 0 | 0 |
| Netflix Inc | COM | 64110L106 |  | 1365426 | 14201 | SH |  | SOLE |  | 14201 | 0 | 0 |
| NetScout Systems Inc | COM | 64115T104 |  | 9321400 | 293218 | SH |  | SOLE |  | 293218 | 0 | 0 |
| Newmont Corp | COM | 651639106 |  | 398360 | 3680 | SH |  | SOLE |  | 3680 | 0 | 0 |
| NextEra Energy Inc | COM | 65339F101 |  | 640872 | 6900 | SH |  | SOLE |  | 6900 | 0 | 0 |
| NexGen Energy Ltd | COM | 65340P106 |  | 2522014 | 217415 | SH |  | SOLE |  | 217415 | 0 | 0 |
| NIKE Inc | COM | 654106103 |  | 205470 | 3890 | SH |  | SOLE |  | 3890 | 0 | 0 |
| Nokia Oyj | COM | 654902204 |  | 68233309 | 8486730 | SH |  | SOLE |  | 8486730 | 0 | 0 |
| Norfolk Southern Corp | COM | 655844108 |  | 234766 | 818 | SH |  | SOLE |  | 818 | 0 | 0 |
| Northrop Grumman Corp | COM | 666807102 |  | 51986688 | 76200 | SH |  | SOLE |  | 76200 | 0 | 0 |
| NOVO-NORDISK SWAP NBC-L | COM | 670100205 |  | 80577756 | 2192592 | SH |  | SOLE |  | 2192592 | 0 | 0 |
| Nutanix Inc | COM | 67059N108 |  | 33393077 | 878534 | SH |  | SOLE |  | 878534 | 0 | 0 |
| NVIDIA Corp | COM | 67066G104 |  | 83222633 | 477194 | SH |  | SOLE |  | 477194 | 0 | 0 |
| NuScale Power Corp | COM | 67079K100 |  | 1362165 | 125661 | SH |  | SOLE |  | 125661 | 0 | 0 |
| O'Reilly Automotive Inc | COM | 67103H107 |  | 255053 | 2763 | SH |  | SOLE |  | 2763 | 0 | 0 |
| Occidental Petroleum Corp | COM | 674599105 |  | 209495 | 3223 | SH |  | SOLE |  | 3223 | 0 | 0 |
| ON Semiconductor Corp | COM | 682189105 |  | 47363537 | 764915 | SH |  | SOLE |  | 764915 | 0 | 0 |
| Ondas Inc | COM | 68236H204 |  | 93549229 | 10348366 | SH |  | SOLE |  | 10348366 | 0 | 0 |
| Onto Innovation Inc | COM | 683344105 |  | 51238790 | 249860 | SH |  | SOLE |  | 249860 | 0 | 0 |
| Opendoor Technologies Inc | COM | 683712103 |  | 232924 | 49770 | SH |  | SOLE |  | 49770 | 0 | 0 |
| Oracle Corp | COM | 68389X105 |  | 488828436 | 3322877 | SH |  | SOLE |  | 3322877 | 0 | 0 |
| OSCAR HEALTH INC SWAP JNST-L | COM | 687793109 |  | 8822885 | 769214 | SH |  | SOLE |  | 769214 | 0 | 0 |
| PG Corp | COM | 69331C108 |  | 3298276 | 187722 | SH |  | SOLE |  | 187722 | 0 | 0 |
| PNC Financial Services Group Inc/The | COM | 693475105 |  | 271141 | 1303 | SH |  | SOLE |  | 1303 | 0 | 0 |
| TXNM Energy Inc | COM | 69349H107 |  | 617221 | 10558 | SH |  | SOLE |  | 10558 | 0 | 0 |
| Palo Alto Networks Inc | COM | 697435105 |  | 427413 | 2666 | SH |  | SOLE |  | 2666 | 0 | 0 |
| Parker-Hannifin Corp | COM | 701094104 |  | 384058 | 429 | SH |  | SOLE |  | 429 | 0 | 0 |
| Parsons Corp | COM | 70202L102 |  | 1124732 | 20763 | SH |  | SOLE |  | 20763 | 0 | 0 |
| PepsiCo Inc | COM | 713448108 |  | 703930 | 4533 | SH |  | SOLE |  | 4533 | 0 | 0 |
| Pfizer Inc | COM | 717081103 |  | 529140 | 18844 | SH |  | SOLE |  | 18844 | 0 | 0 |
| Philip Morris International Inc | COM | 718172109 |  | 856461 | 5180 | SH |  | SOLE |  | 5180 | 0 | 0 |
| Phillips 66 | COM | 718546104 |  | 245032 | 1345 | SH |  | SOLE |  | 1345 | 0 | 0 |
| Pinnacle West Capital Corp | COM | 723484101 |  | 869170 | 8627 | SH |  | SOLE |  | 8627 | 0 | 0 |
| Planet Labs PBC | COM | 72703X106 |  | 33148309 | 1185986 | SH |  | SOLE |  | 1185986 | 0 | 0 |
| Portland General Electric Co | COM | 736508847 |  | 673081 | 12755 | SH |  | SOLE |  | 12755 | 0 | 0 |
| Power Solutions International Inc | COM | 73933G202 |  | 1270444 | 20868 | SH |  | SOLE |  | 20868 | 0 | 0 |
| Preformed Line Products Co | COM | 740444104 |  | 1090817 | 4032 | SH |  | SOLE |  | 4032 | 0 | 0 |
| Procter  Gamble Co/The | COM | 742718109 |  | 1135732 | 7863 | SH |  | SOLE |  | 7863 | 0 | 0 |
| Progressive Corp/The | COM | 743315103 |  | 385379 | 1944 | SH |  | SOLE |  | 1944 | 0 | 0 |
| Prologis Inc | COM | 74340W103 |  | 406586 | 3076 | SH |  | SOLE |  | 3076 | 0 | 0 |
| Public Service Enterprise Group Inc | COM | 744573106 |  | 4045558 | 49976 | SH |  | SOLE |  | 49976 | 0 | 0 |
| Qorvo Inc | COM | 74736K101 |  | 8965397 | 115832 | SH |  | SOLE |  | 115832 | 0 | 0 |
| QUALCOMM Inc | COM | 747525103 |  | 44642875 | 346660 | SH |  | SOLE |  | 346660 | 0 | 0 |
| Quanta Services Inc | COM | 74762E102 |  | 20272014 | 36924 | SH |  | SOLE |  | 36924 | 0 | 0 |
| Quantum Computing Inc | COM | 74766W108 |  | 30791319 | 4495083 | SH |  | SOLE |  | 4495083 | 0 | 0 |
| QUANTUMSCAPE CORP SWAP CS | COM | 74767V109 |  | 19566771 | 3066892 | SH |  | SOLE |  | 3066892 | 0 | 0 |
| RadNet Inc | COM | 750491102 |  | 30486542 | 545474 | SH |  | SOLE |  | 545474 | 0 | 0 |
| Rambus Inc | COM | 750917106 |  | 984097 | 11439 | SH |  | SOLE |  | 11439 | 0 | 0 |
| RTX Corp | COM | 75513E101 |  | 47808721 | 247842 | SH |  | SOLE |  | 247842 | 0 | 0 |
| Red Cat Holdings Inc | COM | 75644T100 |  | 25546732 | 1951622 | SH |  | SOLE |  | 1951622 | 0 | 0 |
| Redwire Corp | COM | 75776W103 |  | 11563749 | 1360441 | SH |  | SOLE |  | 1360441 | 0 | 0 |
| Regeneron Pharmaceuticals Inc | COM | 75886F107 |  | 274287 | 355 | SH |  | SOLE |  | 355 | 0 | 0 |
| Rigetti Computing Inc | COM | 76655K103 |  | 65288599 | 4650185 | SH |  | SOLE |  | 4650185 | 0 | 0 |
| Riot Platforms Inc | COM | 767292105 |  | 33443515 | 2705786 | SH |  | SOLE |  | 2705786 | 0 | 0 |
| ROBINHOOD SWAP MAREX-L | COM | 770700102 |  | 5704984 | 82323 | SH |  | SOLE |  | 82323 | 0 | 0 |
| ROCKET COS SWAP MAREX-L | COM | 77311W101 |  | 6711236 | 470964 | SH |  | SOLE |  | 470964 | 0 | 0 |
| Rocket Lab Corp | COM | 773121108 |  | 361306920 | 5626081 | SH |  | SOLE |  | 5626081 | 0 | 0 |
| Ross Stores Inc | COM | 778296103 |  | 230278 | 1063 | SH |  | SOLE |  | 1063 | 0 | 0 |
| S Global Inc | COM | 78409V104 |  | 428317 | 1007 | SH |  | SOLE |  | 1007 | 0 | 0 |
| Salesforce Inc | COM | 79466L302 |  | 30298781 | 162312 | SH |  | SOLE |  | 162312 | 0 | 0 |
| Sandisk Corp/DE | COM | 80004C200 |  | 520978 | 820 | SH |  | SOLE |  | 820 | 0 | 0 |
| SLB Ltd | COM | 806857108 |  | 248316 | 4832 | SH |  | SOLE |  | 4832 | 0 | 0 |
| Charles Schwab Corp/The | COM | 808513105 |  | 523751 | 5573 | SH |  | SOLE |  | 5573 | 0 | 0 |
| Science Applications International Corp | COM | 808625107 |  | 1065762 | 11228 | SH |  | SOLE |  | 11228 | 0 | 0 |
| Sempra | COM | 816851109 |  | 208721 | 2148 | SH |  | SOLE |  | 2148 | 0 | 0 |
| ServiceNow Inc | COM | 81762P102 |  | 361429 | 3457 | SH |  | SOLE |  | 3457 | 0 | 0 |
| Sherwin-Williams Co/The | COM | 824348106 |  | 245862 | 767 | SH |  | SOLE |  | 767 | 0 | 0 |
| Shoals Technologies Group Inc | COM | 82489W107 |  | 1229401 | 186839 | SH |  | SOLE |  | 186839 | 0 | 0 |
| Simon Property Group Inc | COM | 828806109 |  | 201639 | 1081 | SH |  | SOLE |  | 1081 | 0 | 0 |
| Skyworks Solutions Inc | COM | 83088M102 |  | 8837678 | 165036 | SH |  | SOLE |  | 165036 | 0 | 0 |
| Snowflake Inc | COM | 833445109 |  | 29463441 | 195355 | SH |  | SOLE |  | 195355 | 0 | 0 |
| SOFI TECHNOLOGIES SWAP NBC-L | COM | 83406F102 |  | 85007736 | 5353132 | SH |  | SOLE |  | 5353132 | 0 | 0 |
| SOUNDHOUND AI INC SWAP BMO-L | COM | 836100107 |  | 26354254 | 3836136 | SH |  | SOLE |  | 3836136 | 0 | 0 |
| Southern Co/The | COM | 842587107 |  | 353263 | 3660 | SH |  | SOLE |  | 3660 | 0 | 0 |
| Spire Global Inc | COM | 848560306 |  | 1203453 | 95664 | SH |  | SOLE |  | 95664 | 0 | 0 |
| Starbucks Corp | COM | 855244109 |  | 335962 | 3750 | SH |  | SOLE |  | 3750 | 0 | 0 |
| Sterling Infrastructure Inc | COM | 859241101 |  | 3274044 | 8039 | SH |  | SOLE |  | 8039 | 0 | 0 |
| STMicroelectronics NV | COM | 861012102 |  | 55230213 | 1598559 | SH |  | SOLE |  | 1598559 | 0 | 0 |
| Stryker Corp | COM | 863667101 |  | 391022 | 1190 | SH |  | SOLE |  | 1190 | 0 | 0 |
| SUPER MICRO COMPUTER INC COM SWAP CAN - L | COM | 86800U302 |  | 141639374 | 6220438 | SH |  | SOLE |  | 6220438 | 0 | 0 |
| Swarmer Inc | COM | 86989Y109 |  | 663821 | 14064 | SH |  | SOLE |  | 14064 | 0 | 0 |
| Symbotic Inc | COM | 87151X101 |  | 264936 | 4980 | SH |  | SOLE |  | 4980 | 0 | 0 |
| Synopsys Inc | COM | 871607107 |  | 35291478 | 89012 | SH |  | SOLE |  | 89012 | 0 | 0 |
| TJX Cos Inc/The | COM | 872540109 |  | 591050 | 3701 | SH |  | SOLE |  | 3701 | 0 | 0 |
| T-Mobile US Inc | COM | 872590104 |  | 10928281 | 52032 | SH |  | SOLE |  | 52032 | 0 | 0 |
| Taiwan Semiconductor Manufacturing Co Ltd | COM | 874039100 |  | 42081534 | 124520 | SH |  | SOLE |  | 124520 | 0 | 0 |
| Talen Energy Corp | COM | 87422Q109 |  | 1314908 | 4119 | SH |  | SOLE |  | 4119 | 0 | 0 |
| Telos Corp | COM | 87969B101 |  | 822556 | 196314 | SH |  | SOLE |  | 196314 | 0 | 0 |
| Teradata Corp | COM | 88076W103 |  | 34060809 | 1328943 | SH |  | SOLE |  | 1328943 | 0 | 0 |
| Teradyne Inc | COM | 880770102 |  | 61289844 | 206739 | SH |  | SOLE |  | 206739 | 0 | 0 |
| Terawulf Inc | COM | 88080T104 |  | 1225006 | 84893 | SH |  | SOLE |  | 84893 | 0 | 0 |
| Texas Instruments Inc | COM | 882508104 |  | 45544467 | 234596 | SH |  | SOLE |  | 234596 | 0 | 0 |
| Thermo Fisher Scientific Inc | COM | 883556102 |  | 613429 | 1248 | SH |  | SOLE |  | 1248 | 0 | 0 |
| 3M Co | COM | 88579Y101 |  | 256767 | 1768 | SH |  | SOLE |  | 1768 | 0 | 0 |
| TransDigm Group Inc | COM | 893641100 |  | 225997 | 195 | SH |  | SOLE |  | 195 | 0 | 0 |
| Travelers Cos Inc/The | COM | 89417E109 |  | 215552 | 739 | SH |  | SOLE |  | 739 | 0 | 0 |
| Vnet Group Inc | COM | 90138A103 |  | 761946 | 90816 | SH |  | SOLE |  | 90816 | 0 | 0 |
| US Bancorp | COM | 902973304 |  | 266707 | 5128 | SH |  | SOLE |  | 5128 | 0 | 0 |
| Uber Technologies Inc | COM | 90353T100 |  | 479198 | 6662 | SH |  | SOLE |  | 6662 | 0 | 0 |
| Union Pacific Corp | COM | 907818108 |  | 478447 | 1972 | SH |  | SOLE |  | 1972 | 0 | 0 |
| United Parcel Service Inc | COM | 911312106 |  | 241916 | 2459 | SH |  | SOLE |  | 2459 | 0 | 0 |
| UnitedHealth Group Inc | COM | 91324P102 |  | 825029 | 3049 | SH |  | SOLE |  | 3049 | 0 | 0 |
| Unusual Machines Inc /US | COM | 91532F102 |  | 5792040 | 467100 | SH |  | SOLE |  | 467100 | 0 | 0 |
| Valero Energy Corp | COM | 91913Y100 |  | 249798 | 1011 | SH |  | SOLE |  | 1011 | 0 | 0 |
| Valmont Industries Inc | COM | 920253101 |  | 2484926 | 6219 | SH |  | SOLE |  | 6219 | 0 | 0 |
| Verizon Communications Inc | COM | 92343V104 |  | 11356896 | 226233 | SH |  | SOLE |  | 226233 | 0 | 0 |
| Vertex Pharmaceuticals Inc | COM | 92532F100 |  | 375094 | 840 | SH |  | SOLE |  | 840 | 0 | 0 |
| Vertiv Holdings Co | COM | 92537N108 |  | 19375347 | 77322 | SH |  | SOLE |  | 77322 | 0 | 0 |
| Viasat Inc | COM | 92552V100 |  | 8949274 | 195399 | SH |  | SOLE |  | 195399 | 0 | 0 |
| Viavi Solutions Inc | COM | 925550105 |  | 9987428 | 300103 | SH |  | SOLE |  | 300103 | 0 | 0 |
| Visa Inc | COM | 92826C839 |  | 1611544 | 5332 | SH |  | SOLE |  | 5332 | 0 | 0 |
| Vistra Corp | COM | 92840M102 |  | 17911669 | 119149 | SH |  | SOLE |  | 119149 | 0 | 0 |
| Voyager Technologies Inc | COM | 92892B103 |  | 4280464 | 183004 | SH |  | SOLE |  | 183004 | 0 | 0 |
| Walmart Inc | COM | 931142103 |  | 1825300 | 14687 | SH |  | SOLE |  | 14687 | 0 | 0 |
| Warner Bros Discovery Inc | COM | 934423104 |  | 211579 | 7705 | SH |  | SOLE |  | 7705 | 0 | 0 |
| Waste Management Inc | COM | 94106L109 |  | 308608 | 1343 | SH |  | SOLE |  | 1343 | 0 | 0 |
| Wells Fargo  Co | COM | 949746101 |  | 831686 | 10447 | SH |  | SOLE |  | 10447 | 0 | 0 |
| Welltower Inc | COM | 95040Q104 |  | 451372 | 2283 | SH |  | SOLE |  | 2283 | 0 | 0 |
| Western Digital Corp | COM | 958102105 |  | 550718 | 2036 | SH |  | SOLE |  | 2036 | 0 | 0 |
| Williams Cos Inc/The | COM | 969457100 |  | 293886 | 4038 | SH |  | SOLE |  | 4038 | 0 | 0 |
| Wipro Ltd | COM | 97651M109 |  | 30864166 | 14558569 | SH |  | SOLE |  | 14558569 | 0 | 0 |
| Xcel Energy Inc | COM | 98389B100 |  | 4959281 | 62428 | SH |  | SOLE |  | 62428 | 0 | 0 |
| ZETA GLOBAL SWAP MAREX-L | COM | 98956A105 |  | 2278790 | 143140 | SH |  | SOLE |  | 143140 | 0 | 0 |
| Amdocs Ltd | COM | G02602103 |  | 8898854 | 136360 | SH |  | SOLE |  | 136360 | 0 | 0 |
| Aon PLC | COM | G0403H108 |  | 222718 | 690 | SH |  | SOLE |  | 690 | 0 | 0 |
| Arqit Quantum Inc | COM | G0567U127 |  | 19243121 | 1452311 | SH |  | SOLE |  | 1452311 | 0 | 0 |
| Bitdeer Technologies Group | COM | G11448100 |  | 1109484 | 128264 | SH |  | SOLE |  | 128264 | 0 | 0 |
| Bit Digital Inc | COM | G1144A105 |  | 803153 | 613094 | SH |  | SOLE |  | 613094 | 0 | 0 |
| Accenture PLC | COM | G1151C101 |  | 31053206 | 156605 | SH |  | SOLE |  | 156605 | 0 | 0 |
| Credo Technology Group Holding Ltd | COM | G25457105 |  | 8219726 | 87565 | SH |  | SOLE |  | 87565 | 0 | 0 |
| Critical Metals Corp | COM | G2662B103 |  | 216166 | 27225 | SH |  | SOLE |  | 27225 | 0 | 0 |
| Eaton Corp PLC | COM | G29183103 |  | 21241663 | 59389 | SH |  | SOLE |  | 59389 | 0 | 0 |
| Johnson Controls International plc | COM | G51502105 |  | 274864 | 2099 | SH |  | SOLE |  | 2099 | 0 | 0 |
| Linde PLC | COM | G54950103 |  | 765453 | 1544 | SH |  | SOLE |  | 1544 | 0 | 0 |
| Medtronic PLC | COM | G5960L103 |  | 368609 | 4254 | SH |  | SOLE |  | 4254 | 0 | 0 |
| Joby Aviation Inc | COM | G65163100 |  | 2279223 | 275935 | SH |  | SOLE |  | 275935 | 0 | 0 |
| nVent Electric PLC | COM | G6700G107 |  | 4361220 | 36872 | SH |  | SOLE |  | 36872 | 0 | 0 |
| Seagate Technology Holdings PLC | COM | G7997R103 |  | 274624 | 701 | SH |  | SOLE |  | 701 | 0 | 0 |
| TE Connectivity PLC | COM | G87052109 |  | 204213 | 977 | SH |  | SOLE |  | 977 | 0 | 0 |
| Trane Technologies PLC | COM | G8994E103 |  | 303387 | 728 | SH |  | SOLE |  | 728 | 0 | 0 |
| Vertical Aerospace Ltd | COM | G9471C206 |  | 1101750 | 498529 | SH |  | SOLE |  | 498529 | 0 | 0 |
| Whitefiber Inc | COM | G96115103 |  | 692340 | 58131 | SH |  | SOLE |  | 58131 | 0 | 0 |
| Chubb Ltd | COM | H1467J104 |  | 425013 | 1304 | SH |  | SOLE |  | 1304 | 0 | 0 |
| Spotify Technology SA | COM | L8681T102 |  | 236636 | 488 | SH |  | SOLE |  | 488 | 0 | 0 |
| Elbit Systems Ltd | COM | M3760D101 |  | 472943 | 557 | SH |  | SOLE |  | 557 | 0 | 0 |
| Gilat Satellite Networks Ltd | COM | M51474118 |  | 3629778 | 241663 | SH |  | SOLE |  | 241663 | 0 | 0 |
| Radware Ltd | COM | M81873107 |  | 9293539 | 353098 | SH |  | SOLE |  | 353098 | 0 | 0 |
| Tower Semiconductor Ltd | COM | M87915274 |  | 58359033 | 332568 | SH |  | SOLE |  | 332568 | 0 | 0 |
| ASML Holding NV | COM | N07059210 |  | 49626225 | 37572 | SH |  | SOLE |  | 37572 | 0 | 0 |
| Elastic NV | COM | N14506104 |  | 26667765 | 533462 | SH |  | SOLE |  | 533462 | 0 | 0 |
| NXP Semiconductors NV | COM | N6596X109 |  | 35887775 | 182301 | SH |  | SOLE |  | 182301 | 0 | 0 |
| Nebius Group NV | COM | N97284108 |  | 1350125 | 13012 | SH |  | SOLE |  | 13012 | 0 | 0 |
| IREN Ltd | COM | Q4982L109 |  | 434362840 | 12671028 | SH |  | SOLE |  | 12671028 | 0 | 0 |
| Royal Caribbean Cruises Ltd | COM | V7780T103 |  | 231426 | 841 | SH |  | SOLE |  | 841 | 0 | 0 |

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