# EDGAR Filing Document

**Accession Number:** 0001673385
**File Stem:** 0001104659-25-112875
**Filing Date:** 2025-11
**Character Count:** 49351
**Document Hash:** c2b1ad754d25f2d606534be4f56871aa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-112875.hdr.sgml**: 20251117

**ACCESSION NUMBER**: 0001104659-25-112875

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251117

**DATE AS OF CHANGE**: 20251117

**EFFECTIVENESS DATE**: 20251117

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Morningstar Investment Management LLC
- **CENTRAL INDEX KEY:** 0001673385

**ORGANIZATION NAME:**
- **EIN:** 364317381
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17446
- **FILM NUMBER:** 251489191

**BUSINESS ADDRESS:**
- **STREET 1:** 22 W WASHINGTON STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60602
- **BUSINESS PHONE:** 312-696-6168

**MAIL ADDRESS:**
- **STREET 1:** 22 W WASHINGTON STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60602

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** Morningstar Investment Management LLC<br>**Address:** 22 W WASHINGTON STREET<br>CHICAGO, IL 60602

**Form 13F File Number:** 028-17446

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:** Sara Kasun-Fretz<br>**Title:** Chief Compliance Officer<br>**Phone:** 312-244-7556

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

/s/ Sara Kasun-Fretz  Chicago, IL  11-14-2025<br>[Signature]  [City, State]  [Date]

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

[ ] **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).)

[x] **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:** 471

**Form 13F Information Table Value Total:** $2719703

      (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.]

|   No. | Name                                          | Form 13F File Number   | CRD Number   | SEC File Number   |
|---:|:---|:---|:---|:---|
|     1 | ALPS ADVISORS INC                             | 028-12230              |  |  |
|     2 | Clearbridge Investments LLC                   | 028-11611              |  |  |
|     3 | DIAMOND HILL CAPITAL MANAGEMENT INC           | 028-10648              |  |  |
|     4 | MFS Institutional Advisors Inc.               | 028-13173              |  |  |
|     5 | WASATCH ADVISORS LP                           | 028-01286              |  |  |
|     6 | WESTWOOD MANAGEMENT CORP /TX                  | 028-05046              |  |  |
|     7 | HARDING LOEVNER LP                            | 028-04434              |  |  |
|     8 | HARRIS ASSOCIATES L P                         | 028-02013              |  |  |
|     9 | LAZARD ASSET MANAGEMENT LLC                   | 028-10469              |  |  |
|    10 | PRICE T ROWE ASSOCIATES INC /MD/              | 028-00115              |  |  |
|    11 | Cullen Capital Management LLC                 | 028-11905              |  |  |
|    12 | BlackRock Asset Management International Inc  | 028-15553              |  |  |
|    13 | Allspring Global Investments LLC              | 028-04413              |  |  |
|    14 | First Pacific Advisors LP                     | 028-12253              |  |  |
|    15 | LOOMIS SAYLES  CO L P                         | 028-00398              |  |  |
|    16 | SSI INVESTMENT MANAGEMENT LLC                 | 028-04720              |  |  |
|    17 | WATER ISLAND CAPITAL LLC                      | 028-10693              |  |  |
|    18 | TCW INVESTMENT MANAGEMENT Co LLC              | 028-06683              |  |  |
|    19 | VOYA INVESTMENT MANAGEMENT CO                 | 028-01217              |  |  |
|    20 | Guggenheim Partners Investment Management LLC | 028-12837              |  |  |

### 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 |
| AAON INC | COM PAR $0.004 | 000360206 |  | 1331 | 14246 | SH |  | SOLE |  | 14246 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 5842 | 43613 | SH |  | SOLE |  | 43613 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 8640 | 71156 | SH |  | SOLE |  | 71156 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 3884 | 14242 | SH |  | SOLE |  | 14242 | 0 | 0 |
| ALBEMARLE CORP | 7.25 DEP SHS A | 012653200 |  | 983 | 25957 | SH |  | SOLE |  | 25957 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 1658 | 13237 | SH |  | SOLE |  | 13237 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 39867 | 181570 | SH |  | SOLE |  | 181570 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 2240 | 19912 | SH |  | SOLE |  | 19912 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 18363 | 55284 | SH |  | SOLE |  | 55284 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 925 | 4918 | SH |  | SOLE |  | 4918 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 3948 | 13991 | SH |  | SOLE |  | 13991 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 10491 | 84776 | SH |  | SOLE |  | 84776 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 7379 | 30032 | SH |  | SOLE |  | 30032 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 3737 | 11564 | SH |  | SOLE |  | 11564 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 78597 | 308671 | SH |  | SOLE |  | 308671 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 10192 | 49783 | SH |  | SOLE |  | 49783 | 0 | 0 |
| APTARGROUP INC | COM | 038336103 |  | 723 | 5412 | SH |  | SOLE |  | 5412 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 7311 | 50172 | SH |  | SOLE |  | 50172 | 0 | 0 |
| ATKORE INC | COM | 047649108 |  | 1165 | 18562 | SH |  | SOLE |  | 18562 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 2826 | 17696 | SH |  | SOLE |  | 17696 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 2252 | 525 | SH |  | SOLE |  | 525 | 0 | 0 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 2648 | 13710 | SH |  | SOLE |  | 13710 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 457 | 2821 | SH |  | SOLE |  | 2821 | 0 | 0 |
| AXCELIS TECHNOLOGIES INC | COM NEW | 054540208 |  | 979 | 10027 | SH |  | SOLE |  | 10027 | 0 | 0 |
| BALCHEM CORP | COM | 057665200 |  | 1509 | 10059 | SH |  | SOLE |  | 10059 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 1829 | 35448 | SH |  | SOLE |  | 35448 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 |  | 7359 | 323197 | SH |  | SOLE |  | 323197 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 2894 | 15458 | SH |  | SOLE |  | 15458 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 5801 | 11540 | SH |  | SOLE |  | 11540 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 1025 | 13554 | SH |  | SOLE |  | 13554 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 3416 | 61280 | SH |  | SOLE |  | 61280 | 0 | 0 |
| BLOCK H  R INC | COM | 093671105 |  | 5238 | 103578 | SH |  | SOLE |  | 103578 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 10754 | 49828 | SH |  | SOLE |  | 49828 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 |  | 994 | 22618 | SH |  | SOLE |  | 22618 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 7324 | 162386 | SH |  | SOLE |  | 162386 | 0 | 0 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 2121 | 39967 | SH |  | SOLE |  | 39967 | 0 | 0 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 9876 | 364694 | SH |  | SOLE |  | 364694 | 0 | 0 |
| BRUKER CORP | 6.375 PREF SER A | 116794207 |  | 255 | 937 | SH |  | SOLE |  | 937 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 473 | 5270 | SH |  | SOLE |  | 5270 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 10287 | 35688 | SH |  | SOLE |  | 35688 | 0 | 0 |
| CSW INDUSTRIALS INC | COM | 126402106 |  | 1281 | 5277 | SH |  | SOLE |  | 5277 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 2084 | 58691 | SH |  | SOLE |  | 58691 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 278 | 3690 | SH |  | SOLE |  | 3690 | 0 | 0 |
| CABOT CORP | COM | 127055101 |  | 447 | 5882 | SH |  | SOLE |  | 5882 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 7960 | 252062 | SH |  | SOLE |  | 252062 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 3034 | 32173 | SH |  | SOLE |  | 32173 | 0 | 0 |
| CARTERS INC | COM | 146229109 |  | 845 | 29927 | SH |  | SOLE |  | 29927 | 0 | 0 |
| CASELLA WASTE SYS INC | CL A | 147448104 |  | 3282 | 34596 | SH |  | SOLE |  | 34596 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 3963 | 8306 | SH |  | SOLE |  | 8306 | 0 | 0 |
| CEMEX SAB DE CV | SPON ADR NEW | 151290889 |  | 772 | 85829 | SH |  | SOLE |  | 85829 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 7446 | 47951 | SH |  | SOLE |  | 47951 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 742 | 18931 | SH |  | SOLE |  | 18931 | 0 | 0 |
| CHOICE HOTELS INTL INC | COM | 169905106 |  | 348 | 3257 | SH |  | SOLE |  | 3257 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 701 | 7996 | SH |  | SOLE |  | 7996 | 0 | 0 |
| CIRRUS LOGIC INC | COM | 172755100 |  | 748 | 5972 | SH |  | SOLE |  | 5972 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 6913 | 68112 | SH |  | SOLE |  | 68112 | 0 | 0 |
| CLEARWATER ANALYTICS HLDGS I | CL A | 185123106 |  | 965 | 53554 | SH |  | SOLE |  | 53554 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 3323 | 26948 | SH |  | SOLE |  | 26948 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 1954 | 29461 | SH |  | SOLE |  | 29461 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 5229 | 77969 | SH |  | SOLE |  | 77969 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 4159 | 52025 | SH |  | SOLE |  | 52025 | 0 | 0 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 521 | 959 | SH |  | SOLE |  | 959 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 11874 | 59895 | SH |  | SOLE |  | 59895 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 982 | 8580 | SH |  | SOLE |  | 8580 | 0 | 0 |
| DONALDSON INC | COM | 257651109 |  | 786 | 9608 | SH |  | SOLE |  | 9608 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 562 | 3370 | SH |  | SOLE |  | 3370 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 2029 | 88465 | SH |  | SOLE |  | 88465 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 1313 | 14438 | SH |  | SOLE |  | 14438 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 3538 | 63999 | SH |  | SOLE |  | 63999 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 1339 | 6640 | SH |  | SOLE |  | 6640 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 11456 | 87328 | SH |  | SOLE |  | 87328 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 3127 | 99987 | SH |  | SOLE |  | 99987 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 5463 | 21295 | SH |  | SOLE |  | 21295 | 0 | 0 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 879 | 3067 | SH |  | SOLE |  | 3067 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 989 | 661 | SH |  | SOLE |  | 661 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 8708 | 177579 | SH |  | SOLE |  | 177579 | 0 | 0 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 462 | 4557 | SH |  | SOLE |  | 4557 | 0 | 0 |
| FEDERAL SIGNAL CORP | COM | 313855108 |  | 2153 | 18096 | SH |  | SOLE |  | 18096 | 0 | 0 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 1135 | 21848 | SH |  | SOLE |  | 21848 | 0 | 0 |
| FIDELITY COVINGTON TRUST | MSCI INFO TECH I | 316092808 |  | 24518 | 110357 | SH |  | SOLE |  | 110357 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 1770 | 39739 | SH |  | SOLE |  | 39739 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 6076 | 47125 | SH |  | SOLE |  | 47125 | 0 | 0 |
| FLOOR  DECOR HLDGS INC | CL A | 339750101 |  | 1140 | 15464 | SH |  | SOLE |  | 15464 | 0 | 0 |
| FLOWERS FOODS INC | COM | 343498101 |  | 295 | 22615 | SH |  | SOLE |  | 22615 | 0 | 0 |
| FOMENTO ECONOMICO MEXICANO | SPON ADR UNITS | 344419106 |  | 6532 | 66228 | SH |  | SOLE |  | 66228 | 0 | 0 |
| FRESHPET INC | COM | 358039105 |  | 935 | 16959 | SH |  | SOLE |  | 16959 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 16414 | 48135 | SH |  | SOLE |  | 48135 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 2606 | 51685 | SH |  | SOLE |  | 51685 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 365 | 2634 | SH |  | SOLE |  | 2634 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 591 | 5322 | SH |  | SOLE |  | 5322 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 985 | 11597 | SH |  | SOLE |  | 11597 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 |  | 8667 | 9095 | SH |  | SOLE |  | 9095 | 0 | 0 |
| GRUPO AEROPUERTO DEL PACIFIC | SPON ADS B | 400506101 |  | 1305 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 2090 | 84963 | SH |  | SOLE |  | 84963 | 0 | 0 |
| HAMILTON LANE INC | CL A | 407497106 |  | 1649 | 12235 | SH |  | SOLE |  | 12235 | 0 | 0 |
| HANESBRANDS INC | COM | 410345102 |  | 1454 | 220674 | SH |  | SOLE |  | 220674 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 359 | 4733 | SH |  | SOLE |  | 4733 | 0 | 0 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 1395 | 9364 | SH |  | SOLE |  | 9364 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 863 | 4616 | SH |  | SOLE |  | 4616 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 8112 | 20021 | SH |  | SOLE |  | 20021 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 14852 | 70557 | SH |  | SOLE |  | 70557 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 790 | 31915 | SH |  | SOLE |  | 31915 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 386 | 896 | SH |  | SOLE |  | 896 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 2084 | 8009 | SH |  | SOLE |  | 8009 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 408 | 1418 | SH |  | SOLE |  | 1418 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 9597 | 36805 | SH |  | SOLE |  | 36805 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 2839 | 29893 | SH |  | SOLE |  | 29893 | 0 | 0 |
| INFOSYS LTD | SPONSORED ADR | 456788108 |  | 1467 | 90192 | SH |  | SOLE |  | 90192 | 0 | 0 |
| INGREDION INC | COM | 457187102 |  | 427 | 3493 | SH |  | SOLE |  | 3493 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 342 | 1211 | SH |  | SOLE |  | 1211 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 4163 | 67652 | SH |  | SOLE |  | 67652 | 0 | 0 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 |  | 1152 | 41273 | SH |  | SOLE |  | 41273 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 9156 | 13408 | SH |  | SOLE |  | 13408 | 0 | 0 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 5440 | 67909 | SH |  | SOLE |  | 67909 | 0 | 0 |
| ISHARES TR | GLB CNSM STP ETF | 464288737 |  | 18913 | 293821 | SH |  | SOLE |  | 293821 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 18241 | 98377 | SH |  | SOLE |  | 98377 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 12120 | 11237 | SH |  | SOLE |  | 11237 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 1755 | 93894 | SH |  | SOLE |  | 93894 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 2779 | 22347 | SH |  | SOLE |  | 22347 | 0 | 0 |
| KONINKLIJKE PHILIPS N V | NY REGIS SHS NEW | 500472303 |  | 5434 | 199325 | SH |  | SOLE |  | 199325 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 1767 | 67871 | SH |  | SOLE |  | 67871 | 0 | 0 |
| LA Z BOY INC | COM | 505336107 |  | 1091 | 31792 | SH |  | SOLE |  | 31792 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 5940 | 44365 | SH |  | SOLE |  | 44365 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 8702 | 98747 | SH |  | SOLE |  | 98747 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 441 | 578 | SH |  | SOLE |  | 578 | 0 | 0 |
| LLOYDS BANKING GROUP PLC | SPONSORED ADR | 539439109 |  | 98 | 21680 | SH |  | SOLE |  | 21680 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 5812 | 11643 | SH |  | SOLE |  | 11643 | 0 | 0 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 401 | 4509 | SH |  | SOLE |  | 4509 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 7266 | 28911 | SH |  | SOLE |  | 28911 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 2389 | 13424 | SH |  | SOLE |  | 13424 | 0 | 0 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 936 | 10161 | SH |  | SOLE |  | 10161 | 0 | 0 |
| MANHATTAN ASSOCIATES INC | COM | 562750109 |  | 1550 | 7564 | SH |  | SOLE |  | 7564 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 11776 | 58435 | SH |  | SOLE |  | 58435 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 5062 | 19435 | SH |  | SOLE |  | 19435 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 6686 | 79524 | SH |  | SOLE |  | 79524 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 2805 | 39850 | SH |  | SOLE |  | 39850 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 574 | 8582 | SH |  | SOLE |  | 8582 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 406 | 1336 | SH |  | SOLE |  | 1336 | 0 | 0 |
| MCGRATH RENTCORP | COM | 580589109 |  | 767 | 6540 | SH |  | SOLE |  | 6540 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 778 | 634 | SH |  | SOLE |  | 634 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 84500 | 163143 | SH |  | SOLE |  | 163143 | 0 | 0 |
| MIDDLEBY CORP | COM | 596278101 |  | 508 | 3822 | SH |  | SOLE |  | 3822 | 0 | 0 |
| MODINE MFG CO | COM | 607828100 |  | 2304 | 16206 | SH |  | SOLE |  | 16206 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 10035 | 160634 | SH |  | SOLE |  | 160634 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 468 | 508 | SH |  | SOLE |  | 508 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 8878 | 18633 | SH |  | SOLE |  | 18633 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 9652 | 60719 | SH |  | SOLE |  | 60719 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 7659 | 86591 | SH |  | SOLE |  | 86591 | 0 | 0 |
| NICE LTD | SPONSORED ADR | 653656108 |  | 5182 | 35792 | SH |  | SOLE |  | 35792 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 11020 | 158038 | SH |  | SOLE |  | 158038 | 0 | 0 |
| NORDSON CORP | COM | 655663102 |  | 819 | 3607 | SH |  | SOLE |  | 3607 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 1902 | 6333 | SH |  | SOLE |  | 6333 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 303 | 2249 | SH |  | SOLE |  | 2249 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 5170 | 8485 | SH |  | SOLE |  | 8485 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 1847 | 39092 | SH |  | SOLE |  | 39092 | 0 | 0 |
| OLLIES BARGAIN OUTLET HLDGS | COM | 681116109 |  | 2708 | 21091 | SH |  | SOLE |  | 21091 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 14931 | 183132 | SH |  | SOLE |  | 183132 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 2682 | 54392 | SH |  | SOLE |  | 54392 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 2173 | 29777 | SH |  | SOLE |  | 29777 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 6808 | 33882 | SH |  | SOLE |  | 33882 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 3461 | 32930 | SH |  | SOLE |  | 32930 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 4126 | 41964 | SH |  | SOLE |  | 41964 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 639 | 2933 | SH |  | SOLE |  | 2933 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 9383 | 46079 | SH |  | SOLE |  | 46079 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 1518 | 2002 | SH |  | SOLE |  | 2002 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 3713 | 29292 | SH |  | SOLE |  | 29292 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 15074 | 107334 | SH |  | SOLE |  | 107334 | 0 | 0 |
| P T TELEKOMUNIKASI INDONESIA | SPONSORED ADR | 715684106 |  | 1503 | 79880 | SH |  | SOLE |  | 79880 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 8321 | 326558 | SH |  | SOLE |  | 326558 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 6280 | 38716 | SH |  | SOLE |  | 38716 | 0 | 0 |
| PHOTRONICS INC | COM | 719405102 |  | 1649 | 71846 | SH |  | SOLE |  | 71846 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 401 | 3034 | SH |  | SOLE |  | 3034 | 0 | 0 |
| PLEXUS CORP | COM | 729132100 |  | 592 | 4089 | SH |  | SOLE |  | 4089 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 7724 | 50267 | SH |  | SOLE |  | 50267 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 13803 | 55893 | SH |  | SOLE |  | 55893 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 835 | 6319 | SH |  | SOLE |  | 6319 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 5630 | 33843 | SH |  | SOLE |  | 33843 | 0 | 0 |
| RLI CORP | COM | 749607107 |  | 1000 | 15339 | SH |  | SOLE |  | 15339 | 0 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 4487 | 25994 | SH |  | SOLE |  | 25994 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 2156 | 35459 | SH |  | SOLE |  | 35459 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 215 | 786 | SH |  | SOLE |  | 786 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 4199 | 12013 | SH |  | SOLE |  | 12013 | 0 | 0 |
| ROLLINS INC | COM | 775711104 |  | 618 | 10517 | SH |  | SOLE |  | 10517 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 4218 | 8459 | SH |  | SOLE |  | 8459 | 0 | 0 |
| RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 |  | 3752 | 62304 | SH |  | SOLE |  | 62304 | 0 | 0 |
| SEI INVTS CO | COM | 784117103 |  | 3068 | 36154 | SH |  | SOLE |  | 36154 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 |  | 2699 | 10099 | SH |  | SOLE |  | 10099 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 |  | 1453 | 21899 | SH |  | SOLE |  | 21899 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 2915 | 84806 | SH |  | SOLE |  | 84806 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 8952 | 93769 | SH |  | SOLE |  | 93769 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL EMER | 808524730 |  | 23612 | 652975 | SH |  | SOLE |  | 652975 | 0 | 0 |
| SCHWAB STRATEGIC TR | US REIT ETF | 808524847 |  | 10958 | 508037 | SH |  | SOLE |  | 508037 | 0 | 0 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 42131 | 1726672 | SH |  | SOLE |  | 1726672 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 7869 | 22726 | SH |  | SOLE |  | 22726 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 287 | 1531 | SH |  | SOLE |  | 1531 | 0 | 0 |
| SMITH A O CORP | COM | 831865209 |  | 911 | 12406 | SH |  | SOLE |  | 12406 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 971 | 2802 | SH |  | SOLE |  | 2802 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 7061 | 74502 | SH |  | SOLE |  | 74502 | 0 | 0 |
| STAAR SURGICAL CO | COM PAR $0.01 | 852312305 |  | 1070 | 39804 | SH |  | SOLE |  | 39804 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 4439 | 52469 | SH |  | SOLE |  | 52469 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 970 | 6955 | SH |  | SOLE |  | 6955 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 9632 | 26057 | SH |  | SOLE |  | 26057 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 6294 | 12757 | SH |  | SOLE |  | 12757 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 260 | 3162 | SH |  | SOLE |  | 3162 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 246 | 1028 | SH |  | SOLE |  | 1028 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 28574 | 102309 | SH |  | SOLE |  | 102309 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 804 | 18322 | SH |  | SOLE |  | 18322 | 0 | 0 |
| TELEFLEX INCORPORATED | COM | 879369106 |  | 978 | 7994 | SH |  | SOLE |  | 7994 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 1147 | 8332 | SH |  | SOLE |  | 8332 | 0 | 0 |
| TERNIUM SA | SPONSORED ADS | 880890108 |  | 754 | 21706 | SH |  | SOLE |  | 21706 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 10132 | 55145 | SH |  | SOLE |  | 55145 | 0 | 0 |
| TEXTRON INC | COM | 883203101 |  | 412 | 4878 | SH |  | SOLE |  | 4878 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 11500 | 23710 | SH |  | SOLE |  | 23710 | 0 | 0 |
| TORO CO | COM | 891092108 |  | 595 | 7809 | SH |  | SOLE |  | 7809 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 818 | 14381 | SH |  | SOLE |  | 14381 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 1785 | 32879 | SH |  | SOLE |  | 32879 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 3892 | 80523 | SH |  | SOLE |  | 80523 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 13620 | 57620 | SH |  | SOLE |  | 57620 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 2009 | 24046 | SH |  | SOLE |  | 24046 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 970 | 4747 | SH |  | SOLE |  | 4747 | 0 | 0 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 6298 | 124391 | SH |  | SOLE |  | 124391 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 71979 | 219333 | SH |  | SOLE |  | 219333 | 0 | 0 |
| VERITEX HLDGS INC | COM | 923451108 |  | 931 | 27759 | SH |  | SOLE |  | 27759 | 0 | 0 |
| VERONA PHARMA PLC | SPONSORED ADS | 925050106 |  | 2143 | 20084 | SH |  | SOLE |  | 20084 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 1890 | 57943 | SH |  | SOLE |  | 57943 | 0 | 0 |
| WD 40 CO | COM | 929236107 |  | 654 | 3311 | SH |  | SOLE |  | 3311 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 5659 | 54907 | SH |  | SOLE |  | 54907 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 3870 | 12907 | SH |  | SOLE |  | 12907 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 7624 | 90955 | SH |  | SOLE |  | 90955 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 |  | 160 | 20056 | SH |  | SOLE |  | 20056 | 0 | 0 |
| WINGSTOP INC | COM | 974155103 |  | 1172 | 4657 | SH |  | SOLE |  | 4657 | 0 | 0 |
| WINMARK CORP | COM | 974250102 |  | 1008 | 2025 | SH |  | SOLE |  | 2025 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 15408 | 92082 | SH |  | SOLE |  | 92082 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 1587 | 5675 | SH |  | SOLE |  | 5675 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 1219 | 112290 | SH |  | SOLE |  | 112290 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 2595 | 28931 | SH |  | SOLE |  | 28931 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 1795 | 23076 | SH |  | SOLE |  | 23076 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 443 | 5269 | SH |  | SOLE |  | 5269 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 6848 | 24526 | SH |  | SOLE |  | 24526 | 0 | 0 |
| ACV AUCTIONS INC | COM CL A | 00091G104 |  | 672 | 67803 | SH |  | SOLE |  | 67803 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 7940 | 34293 | SH |  | SOLE |  | 34293 | 0 | 0 |
| ACUITY INC | COM | 00508Y102 |  | 1060 | 3079 | SH |  | SOLE |  | 3079 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 9750 | 27638 | SH |  | SOLE |  | 27638 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 2118 | 16498 | SH |  | SOLE |  | 16498 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 732 | 11497 | SH |  | SOLE |  | 11497 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADR | 01609W102 |  | 5257 | 29411 | SH |  | SOLE |  | 29411 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 1017 | 11981 | SH |  | SOLE |  | 11981 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 285 | 1169 | SH |  | SOLE |  | 1169 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 45582 | 187502 | SH |  | SOLE |  | 187502 | 0 | 0 |
| ALTICE USA INC | CL A | 02156K103 |  | 39 | 16055 | SH |  | SOLE |  | 16055 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 4045 | 61238 | SH |  | SOLE |  | 61238 | 0 | 0 |
| AMBEV SA | SPONSORED ADR | 02319V103 |  | 4550 | 2040363 | SH |  | SOLE |  | 2040363 | 0 | 0 |
| AMERICA MOVIL SAB DE CV | SPON ADS RP CL B | 02390A101 |  | 1441 | 68630 | SH |  | SOLE |  | 68630 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | SER A MAND CNV | 03769M304 |  | 786 | 11186 | SH |  | SOLE |  | 11186 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | 6.75 SE B PFD | 03990B309 |  | 784 | 15778 | SH |  | SOLE |  | 15778 | 0 | 0 |
| ARHAUS INC | COM CL A | 04035M102 |  | 1161 | 109258 | SH |  | SOLE |  | 109258 | 0 | 0 |
| ARTISAN PARTNERS ASSET MGMT | CL A | 04316A108 |  | 1526 | 35162 | SH |  | SOLE |  | 35162 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 5044 | 215658 | SH |  | SOLE |  | 215658 | 0 | 0 |
| BANK OZK LITTLE ROCK ARK | COM | 06417N103 |  | 2523 | 49498 | SH |  | SOLE |  | 49498 | 0 | 0 |
| BELLRING BRANDS INC | COMMON STOCK | 07831C103 |  | 1155 | 31774 | SH |  | SOLE |  | 31774 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 2631 | 18779 | SH |  | SOLE |  | 18779 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 1852 | 10837 | SH |  | SOLE |  | 10837 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 20798 | 17839 | SH |  | SOLE |  | 17839 | 0 | 0 |
| BOISE CASCADE CO DEL | COM | 09739D100 |  | 785 | 10147 | SH |  | SOLE |  | 10147 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 573 | 106 | SH |  | SOLE |  | 106 | 0 | 0 |
| BRIGHTSPRING HEALTH SVCS INC | UNIT 02/01/2027 | 10950A205 |  | 829 | 8198 | SH |  | SOLE |  | 8198 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 691 | 2902 | SH |  | SOLE |  | 2902 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 11028 | 33426 | SH |  | SOLE |  | 33426 | 0 | 0 |
| CCC INTELLIGENT SOLUTIONS HL | COM | 12510Q100 |  | 1673 | 183660 | SH |  | SOLE |  | 183660 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 1001 | 6282 | SH |  | SOLE |  | 6282 | 0 | 0 |
| CGI INC | CL A SUB VTG | 12532H104 |  | 886 | 9942 | SH |  | SOLE |  | 9942 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 3639 | 13468 | SH |  | SOLE |  | 13468 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 263 | 3531 | SH |  | SOLE |  | 3531 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 1883 | 52788 | SH |  | SOLE |  | 52788 | 0 | 0 |
| DAYFORCE INC | COM | 15677J108 |  | 1086 | 15760 | SH |  | SOLE |  | 15760 | 0 | 0 |
| CERTARA INC | COM | 15687V109 |  | 1598 | 130744 | SH |  | SOLE |  | 130744 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 1428 | 7136 | SH |  | SOLE |  | 7136 | 0 | 0 |
| CHART INDS INC | 6.75DP CNV PFD B | 16115Q407 |  | 632 | 8900 | SH |  | SOLE |  | 8900 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 1875 | 6816 | SH |  | SOLE |  | 6816 | 0 | 0 |
| CHEMED CORP NEW | COM | 16359R103 |  | 387 | 864 | SH |  | SOLE |  | 864 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 353 | 5159 | SH |  | SOLE |  | 5159 | 0 | 0 |
| COHEN  STEERS INC | COM | 19247A100 |  | 804 | 12260 | SH |  | SOLE |  | 12260 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 5580 | 177584 | SH |  | SOLE |  | 177584 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 8632 | 91260 | SH |  | SOLE |  | 91260 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 9762 | 72494 | SH |  | SOLE |  | 72494 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1097 | 1185 | SH |  | SOLE |  | 1185 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 4143 | 42937 | SH |  | SOLE |  | 42937 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 681 | 4019 | SH |  | SOLE |  | 4019 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 2008 | 14100 | SH |  | SOLE |  | 14100 | 0 | 0 |
| DENTSPLY SIRONA INC | COM | 24906P109 |  | 3606 | 284166 | SH |  | SOLE |  | 284166 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 1101 | 7695 | SH |  | SOLE |  | 7695 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 7111 | 116247 | SH |  | SOLE |  | 116247 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 403 | 934 | SH |  | SOLE |  | 934 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 10112 | 81714 | SH |  | SOLE |  | 81714 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 1798 | 23080 | SH |  | SOLE |  | 23080 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 2955 | 26360 | SH |  | SOLE |  | 26360 | 0 | 0 |
| EAGLE MATLS INC | COM | 26969P108 |  | 426 | 1828 | SH |  | SOLE |  | 1828 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 852 | 6707 | SH |  | SOLE |  | 6707 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 1171 | 68223 | SH |  | SOLE |  | 68223 | 0 | 0 |
| ENPRO INC | COM | 29355X107 |  | 2430 | 10753 | SH |  | SOLE |  | 10753 | 0 | 0 |
| ENSIGN GROUP INC | COM | 29358P101 |  | 3256 | 18844 | SH |  | SOLE |  | 18844 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 4682 | 5978 | SH |  | SOLE |  | 5978 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 3935 | 55311 | SH |  | SOLE |  | 55311 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 2752 | 61139 | SH |  | SOLE |  | 61139 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 15928 | 141271 | SH |  | SOLE |  | 141271 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 50888 | 69295 | SH |  | SOLE |  | 69295 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 1752 | 26569 | SH |  | SOLE |  | 26569 | 0 | 0 |
| FIVE BELOW INC | COM | 33829M101 |  | 1424 | 9205 | SH |  | SOLE |  | 9205 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 379 | 7731 | SH |  | SOLE |  | 7731 | 0 | 0 |
| FORTUNE BRANDS INNOVATIONS I | COM | 34964C106 |  | 488 | 9131 | SH |  | SOLE |  | 9131 | 0 | 0 |
| FOX CORP | CL A COM | 35137L105 |  | 6573 | 104238 | SH |  | SOLE |  | 104238 | 0 | 0 |
| FRANKLIN TEMPLETON ETF TR | FTSE BRAZIL | 35473P835 |  | 5054 | 265296 | SH |  | SOLE |  | 265296 | 0 | 0 |
| FRONTDOOR INC | COM | 35905A109 |  | 531 | 7884 | SH |  | SOLE |  | 7884 | 0 | 0 |
| G III APPAREL GROUP LTD | COM | 36237H101 |  | 802 | 30142 | SH |  | SOLE |  | 30142 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 3726 | 49617 | SH |  | SOLE |  | 49617 | 0 | 0 |
| GENTHERM INC | COM | 37253A103 |  | 309 | 9074 | SH |  | SOLE |  | 9074 | 0 | 0 |
| GSK PLC | SPONSORED ADR | 37733W204 |  | 6019 | 139467 | SH |  | SOLE |  | 139467 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 2586 | 31132 | SH |  | SOLE |  | 31132 | 0 | 0 |
| GOOSEHEAD INS INC | COM CL A | 38267D109 |  | 966 | 12987 | SH |  | SOLE |  | 12987 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 |  | 1954 | 8499 | SH |  | SOLE |  | 8499 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 6838 | 200180 | SH |  | SOLE |  | 200180 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 2049 | 75238 | SH |  | SOLE |  | 75238 | 0 | 0 |
| HEALTHEQUITY INC | COM | 42226A107 |  | 3428 | 36173 | SH |  | SOLE |  | 36173 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 4748 | 247933 | SH |  | SOLE |  | 247933 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | 7.625 MAND CONV | 42824C208 |  | 727 | 10710 | SH |  | SOLE |  | 10710 | 0 | 0 |
| ICF INTL INC | COM | 44925C103 |  | 1695 | 18269 | SH |  | SOLE |  | 18269 | 0 | 0 |
| ITT INC | COM | 45073V108 |  | 529 | 2959 | SH |  | SOLE |  | 2959 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 2844 | 17476 | SH |  | SOLE |  | 17476 | 0 | 0 |
| INFORMATICA INC | COM CL A | 45674M101 |  | 1590 | 64003 | SH |  | SOLE |  | 64003 | 0 | 0 |
| INNOVIVA INC | COM | 45781M101 |  | 782 | 42850 | SH |  | SOLE |  | 42850 | 0 | 0 |
| INTEGRAL AD SCIENCE HLDNG CO | COM | 45828L108 |  | 729 | 71712 | SH |  | SOLE |  | 71712 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 719 | 10449 | SH |  | SOLE |  | 10449 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 785 | 4661 | SH |  | SOLE |  | 4661 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 13152 | 29407 | SH |  | SOLE |  | 29407 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 4327 | 22783 | SH |  | SOLE |  | 22783 | 0 | 0 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 247418 | 10701492 | SH |  | SOLE |  | 10701492 | 0 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 21010 | 254423 | SH |  | SOLE |  | 254423 | 0 | 0 |
| ISHARES TR | ULTRA SHORT DUR | 46434V878 |  | 14039 | 276624 | SH |  | SOLE |  | 276624 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 20186 | 63993 | SH |  | SOLE |  | 63993 | 0 | 0 |
| JAMES HARDIE INDS PLC | SPONSORED ADR | 47030M106 |  | 5802 | 302014 | SH |  | SOLE |  | 302014 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 5974 | 170793 | SH |  | SOLE |  | 170793 | 0 | 0 |
| ZIFF DAVIS INC | COM | 48123V102 |  | 1264 | 33175 | SH |  | SOLE |  | 33175 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 8092 | 62267 | SH |  | SOLE |  | 62267 | 0 | 0 |
| KADANT INC | COM | 48282T104 |  | 1910 | 6417 | SH |  | SOLE |  | 6417 | 0 | 0 |
| KENVUE INC | COM | 49177J102 |  | 14112 | 869485 | SH |  | SOLE |  | 869485 | 0 | 0 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 2190 | 6583 | SH |  | SOLE |  | 6583 | 0 | 0 |
| LOAR HOLDINGS INC | COM SHS | 53947R105 |  | 1779 | 22237 | SH |  | SOLE |  | 22237 | 0 | 0 |
| MGE ENERGY INC | COM | 55277P104 |  | 390 | 4631 | SH |  | SOLE |  | 4631 | 0 | 0 |
| MARKETAXESS HLDGS INC | COM | 57060D108 |  | 5398 | 30976 | SH |  | SOLE |  | 30976 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 13625 | 23953 | SH |  | SOLE |  | 23953 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 11689 | 15130 | SH |  | SOLE |  | 15130 | 0 | 0 |
| MEDPACE HLDGS INC | COM | 58506Q109 |  | 2699 | 5250 | SH |  | SOLE |  | 5250 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 4237 | 1813 | SH |  | SOLE |  | 1813 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 11353 | 135266 | SH |  | SOLE |  | 135266 | 0 | 0 |
| MERIDIANLINK INC | COMMON STOCK | 58985J105 |  | 1446 | 72550 | SH |  | SOLE |  | 72550 | 0 | 0 |
| MODERNA INC | COM | 60770K107 |  | 1830 | 70855 | SH |  | SOLE |  | 70855 | 0 | 0 |
| MOELIS  CO | CL A | 60786M105 |  | 2025 | 28387 | SH |  | SOLE |  | 28387 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 4507 | 66965 | SH |  | SOLE |  | 66965 | 0 | 0 |
| NCINO INC | COM | 63947X101 |  | 913 | 33696 | SH |  | SOLE |  | 33696 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 620 | 5230 | SH |  | SOLE |  | 5230 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 15670 | 13070 | SH |  | SOLE |  | 13070 | 0 | 0 |
| NETEASE INC | SPONSORED ADS | 64110W102 |  | 3234 | 21279 | SH |  | SOLE |  | 21279 | 0 | 0 |
| VIPER ENERGY INC | CL A | 64361Q101 |  | 931 | 24364 | SH |  | SOLE |  | 24364 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 227 | 5243 | SH |  | SOLE |  | 5243 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 1775 | 13842 | SH |  | SOLE |  | 13842 | 0 | 0 |
| NOVANTA INC | COM | 67000B104 |  | 1015 | 10137 | SH |  | SOLE |  | 10137 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 106778 | 572290 | SH |  | SOLE |  | 572290 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 5617 | 52101 | SH |  | SOLE |  | 52101 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 19960 | 70973 | SH |  | SOLE |  | 70973 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 2890 | 31609 | SH |  | SOLE |  | 31609 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 3986 | 264325 | SH |  | SOLE |  | 264325 | 0 | 0 |
| TXNM ENERGY INC | COM | 69349H107 |  | 2095 | 37041 | SH |  | SOLE |  | 37041 | 0 | 0 |
| PARAMOUNT GROUP INC | COM | 69924R108 |  | 363 | 55531 | SH |  | SOLE |  | 55531 | 0 | 0 |
| PAYLOCITY HLDG CORP | COM | 70438V106 |  | 986 | 6192 | SH |  | SOLE |  | 6192 | 0 | 0 |
| PAYMENTUS HOLDINGS INC | COM CL A | 70439P108 |  | 818 | 26721 | SH |  | SOLE |  | 26721 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 10239 | 152677 | SH |  | SOLE |  | 152677 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 3890 | 307303 | SH |  | SOLE |  | 307303 | 0 | 0 |
| POOL CORP | COM | 73278L105 |  | 1399 | 4513 | SH |  | SOLE |  | 4513 | 0 | 0 |
| POTBELLY CORP | COM | 73754Y100 |  | 1754 | 102917 | SH |  | SOLE |  | 102917 | 0 | 0 |
| PRESTIGE CONSMR HEALTHCARE I | COM | 74112D101 |  | 956 | 15328 | SH |  | SOLE |  | 15328 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 6589 | 64196 | SH |  | SOLE |  | 64196 | 0 | 0 |
| PROASSURANCE CORP | COM | 74267C106 |  | 1586 | 66123 | SH |  | SOLE |  | 66123 | 0 | 0 |
| PROCORE TECHNOLOGIES INC | COM | 74275K108 |  | 3437 | 47139 | SH |  | SOLE |  | 47139 | 0 | 0 |
| PROG HOLDINGS INC | COM NPV | 74319R101 |  | 1307 | 40389 | SH |  | SOLE |  | 40389 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 9793 | 85512 | SH |  | SOLE |  | 85512 | 0 | 0 |
| PROS HOLDINGS INC | COM | 74346Y103 |  | 877 | 38283 | SH |  | SOLE |  | 38283 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 1598 | 5531 | SH |  | SOLE |  | 5531 | 0 | 0 |
| Q2 HLDGS INC | COM | 74736L109 |  | 1313 | 18138 | SH |  | SOLE |  | 18138 | 0 | 0 |
| RBC BEARINGS INC | COM | 75524B104 |  | 3298 | 8451 | SH |  | SOLE |  | 8451 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 2203 | 3918 | SH |  | SOLE |  | 3918 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 9146 | 18792 | SH |  | SOLE |  | 18792 | 0 | 0 |
| SPDR SERIES TRUST | S 600 SMCP VAL | 78464A300 |  | 35515 | 400624 | SH |  | SOLE |  | 400624 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 |  | 46049 | 994157 | SH |  | SOLE |  | 994157 | 0 | 0 |
| SAIA INC | COM | 78709Y105 |  | 1613 | 5389 | SH |  | SOLE |  | 5389 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 9810 | 41394 | SH |  | SOLE |  | 41394 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 2301 | 12876 | SH |  | SOLE |  | 12876 | 0 | 0 |
| SENSIENT TECHNOLOGIES CORP | COM | 81725T100 |  | 477 | 5083 | SH |  | SOLE |  | 5083 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 5316 | 5776 | SH |  | SOLE |  | 5776 | 0 | 0 |
| SHIFT4 PMTS INC | CL A | 82452J109 |  | 2470 | 31909 | SH |  | SOLE |  | 31909 | 0 | 0 |
| SHIFT4 PMTS INC | 6 SER A CNV PREF | 82452J307 |  | 459 | 4839 | SH |  | SOLE |  | 4839 | 0 | 0 |
| SITEONE LANDSCAPE SUPPLY INC | COM | 82982L103 |  | 2053 | 15943 | SH |  | SOLE |  | 15943 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 3261 | 42362 | SH |  | SOLE |  | 42362 | 0 | 0 |
| SYNOVUS FINL CORP | COM NEW | 87161C501 |  | 682 | 13900 | SH |  | SOLE |  | 13900 | 0 | 0 |
| TRI POINTE HOMES INC | COM | 87265H109 |  | 1114 | 32793 | SH |  | SOLE |  | 32793 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 2048 | 100724 | SH |  | SOLE |  | 100724 | 0 | 0 |
| TELUS CORPORATION | COM | 87971M103 |  | 5030 | 318951 | SH |  | SOLE |  | 318951 | 0 | 0 |
| TENCENT MUSIC ENTMT GROUP | SPON ADS | 88034P109 |  | 391 | 16754 | SH |  | SOLE |  | 16754 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 10250 | 23049 | SH |  | SOLE |  | 23049 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 3695 | 3958 | SH |  | SOLE |  | 3958 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 1949 | 39766 | SH |  | SOLE |  | 39766 | 0 | 0 |
| TRANSUNION | COM | 89400J107 |  | 2848 | 33995 | SH |  | SOLE |  | 33995 | 0 | 0 |
| TREX CO INC | COM | 89531P105 |  | 1729 | 33453 | SH |  | SOLE |  | 33453 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 2037 | 44544 | SH |  | SOLE |  | 44544 | 0 | 0 |
| UFP INDUSTRIES INC | COM | 90278Q108 |  | 857 | 9162 | SH |  | SOLE |  | 9162 | 0 | 0 |
| U S PHYSICAL THERAPY | COM | 90337L108 |  | 503 | 5919 | SH |  | SOLE |  | 5919 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 6840 | 69815 | SH |  | SOLE |  | 69815 | 0 | 0 |
| UBIQUITI INC | COM | 90353W103 |  | 460 | 696 | SH |  | SOLE |  | 696 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 1462 | 3487 | SH |  | SOLE |  | 3487 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1817 | 5261 | SH |  | SOLE |  | 5261 | 0 | 0 |
| VALVOLINE INC | COM | 92047W101 |  | 1930 | 53735 | SH |  | SOLE |  | 53735 | 0 | 0 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 |  | 7708 | 77770 | SH |  | SOLE |  | 77770 | 0 | 0 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 25863 | 522907 | SH |  | SOLE |  | 522907 | 0 | 0 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 13364 | 51479 | SH |  | SOLE |  | 51479 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 4083 | 68022 | SH |  | SOLE |  | 68022 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | LONG TERM TREAS | 92206C847 |  | 10890 | 191515 | SH |  | SOLE |  | 191515 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 233 | 3326 | SH |  | SOLE |  | 3326 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 5177 | 117804 | SH |  | SOLE |  | 117804 | 0 | 0 |
| VERINT SYS INC | COM | 92343X100 |  | 1633 | 80627 | SH |  | SOLE |  | 80627 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 824 | 3277 | SH |  | SOLE |  | 3277 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 4819 | 12305 | SH |  | SOLE |  | 12305 | 0 | 0 |
| VERTEX INC | CL A | 92538J106 |  | 849 | 34240 | SH |  | SOLE |  | 34240 | 0 | 0 |
| VIMEO INC | COMMON STOCK | 92719V100 |  | 1435 | 185204 | SH |  | SOLE |  | 185204 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 34056 | 99758 | SH |  | SOLE |  | 99758 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 2866 | 11905 | SH |  | SOLE |  | 11905 | 0 | 0 |
| XPEL INC | COM | 98379L100 |  | 888 | 26857 | SH |  | SOLE |  | 26857 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 5370 | 66585 | SH |  | SOLE |  | 66585 | 0 | 0 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 5888 | 137190 | SH |  | SOLE |  | 137190 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 1700 | 17255 | SH |  | SOLE |  | 17255 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 1043 | 5881 | SH |  | SOLE |  | 5881 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 3197 | 390811 | SH |  | SOLE |  | 390811 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 6665 | 18692 | SH |  | SOLE |  | 18692 | 0 | 0 |
| ARCOS DORADOS HOLDINGS INC | SHS CLASS -A - | G0457F107 |  | 553 | 81892 | SH |  | SOLE |  | 81892 | 0 | 0 |
| ASPEN INSURANCE HOLDINGS LTD | ORD SHS CL A | G05384501 |  | 1817 | 49491 | SH |  | SOLE |  | 49491 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 13996 | 56754 | SH |  | SOLE |  | 56754 | 0 | 0 |
| CREDICORP LTD | COM | G2519Y108 |  | 4294 | 16126 | SH |  | SOLE |  | 16126 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 2834 | 23633 | SH |  | SOLE |  | 23633 | 0 | 0 |
| COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 |  | 2035 | 22504 | SH |  | SOLE |  | 22504 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 12184 | 32555 | SH |  | SOLE |  | 32555 | 0 | 0 |
| FABRINET | SHS | G3323L100 |  | 3090 | 8474 | SH |  | SOLE |  | 8474 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 1310 | 5158 | SH |  | SOLE |  | 5158 | 0 | 0 |
| GENPACT LIMITED | SHS | G3922B107 |  | 209 | 4986 | SH |  | SOLE |  | 4986 | 0 | 0 |
| JANUS HENDERSON GROUP PLC | ORD SHS | G4474Y214 |  | 1331 | 29898 | SH |  | SOLE |  | 29898 | 0 | 0 |
| BRIGHTSTAR LOTTERY PLC | SHS USD | G4863A108 |  | 6476 | 375443 | SH |  | SOLE |  | 375443 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 898 | 8167 | SH |  | SOLE |  | 8167 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 7090 | 14926 | SH |  | SOLE |  | 14926 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 4285 | 44991 | SH |  | SOLE |  | 44991 | 0 | 0 |
| SAPIENS INTL CORP N V | SHS | G7T16G103 |  | 1451 | 33738 | SH |  | SOLE |  | 33738 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 4080 | 18584 | SH |  | SOLE |  | 18584 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 1119 | 2653 | SH |  | SOLE |  | 2653 | 0 | 0 |
| WNS HLDGS LTD | COM SHS | G98196101 |  | 1844 | 24177 | SH |  | SOLE |  | 24177 | 0 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 2967 | 39821 | SH |  | SOLE |  | 39821 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 6028 | 21356 | SH |  | SOLE |  | 21356 | 0 | 0 |
| CAMTEK LTD | ORD | M20791105 |  | 2155 | 20515 | SH |  | SOLE |  | 20515 | 0 | 0 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 |  | 6464 | 31242 | SH |  | SOLE |  | 31242 | 0 | 0 |
| CYBERARK SOFTWARE LTD | SHS | M2682V108 |  | 3559 | 7367 | SH |  | SOLE |  | 7367 | 0 | 0 |
| GLOBAL E ONLINE LTD | SHS | M5216V106 |  | 941 | 26304 | SH |  | SOLE |  | 26304 | 0 | 0 |
| NOVA LTD | COM | M7516K103 |  | 3258 | 10191 | SH |  | SOLE |  | 10191 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 9023 | 9320 | SH |  | SOLE |  | 9320 | 0 | 0 |
| CNH INDL N V | SHS | N20944109 |  | 6467 | 595996 | SH |  | SOLE |  | 595996 | 0 | 0 |
| MERUS N V | COM | N5749R100 |  | 480 | 5100 | SH |  | SOLE |  | 5100 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 7721 | 33905 | SH |  | SOLE |  | 33905 | 0 | 0 |

---