# EDGAR Filing Document

**Accession Number:** 0001977290
**File Stem:** 0001977290-26-000001
**Filing Date:** 2026-1
**Character Count:** 22293
**Document Hash:** fcd7bf35c6676e3ea53ac40be90786d3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001977290-26-000001.hdr.sgml**: 20260120

**ACCESSION NUMBER**: 0001977290-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260120

**DATE AS OF CHANGE**: 20260120

**EFFECTIVENESS DATE**: 20260120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Quintet Private Bank (Europe) S.A.
- **CENTRAL INDEX KEY:** 0001977290

**ORGANIZATION NAME:**
- **EIN:** 981701752
- **STATE OF INCORPORATION:** N4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23237
- **FILM NUMBER:** 26541415

**BUSINESS ADDRESS:**
- **STREET 1:** 43 BOULEVARD ROYAL
- **CITY:** LUXEMBOURG
- **STATE:** N4
- **ZIP:** L-2449
- **BUSINESS PHONE:** 00352621251428

**MAIL ADDRESS:**
- **STREET 1:** 43 BOULEVARD ROYAL
- **CITY:** LUXEMBOURG
- **STATE:** N4
- **ZIP:** L-2449

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** Quintet Private Bank (Europe) S.A.<br>**Address:** 43 BOULEVARD ROYAL<br>LUXEMBOURG, N4 L-2449

**Form 13F File Number:** 028-23237

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:** Pierre-Jean FROGNET<br>**Title:** DEPUTY COUNTRY MANAGER<br>**Phone:** 00352621251428

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

Pierre-Jean FROGNET  Luxembourg, N4  01-20-2025<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:** 197

**Form 13F Information Table Value Total:** $1721724313

      (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 |
| 10X GENOMICS INC | CL A COM | 88025U109 |  | 16310 | 1000 | SH |  | SOLE | 0 | 1000 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 976610 | 6100 | SH |  | SOLE | 0 | 6100 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 672903 | 2945 | SH |  | SOLE | 0 | 2945 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 12349047 | 35284 | SH |  | SOLE | 0 | 35284 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 1258648 | 9250 | SH |  | SOLE | 0 | 9250 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 8725 | 100 | SH |  | SOLE | 0 | 100 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 8052959 | 54939 | SH |  | SOLE | 0 | 54939 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 166095328 | 530656 | SH |  | SOLE | 0 | 530656 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 51937352 | 165511 | SH |  | SOLE | 0 | 165511 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 5766 | 100 | SH |  | SOLE | 0 | 100 | 0 | 0 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 7665 | 500 | SH |  | SOLE | 0 | 500 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 27855058 | 158655 | SH |  | SOLE | 0 | 158655 | 0 | 0 |
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 |  | 210692 | 3290 | SH |  | SOLE | 0 | 3290 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 1039704 | 1543 | SH |  | SOLE | 0 | 1543 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 326307 | 305 | SH |  | SOLE | 0 | 305 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 21477210 | 864622 | SH |  | SOLE | 0 | 864622 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 554399 | 12710 | SH |  | SOLE | 0 | 12710 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 34318 | 195 | SH |  | SOLE | 0 | 195 | 0 | 0 |
| BIONTECH SE | SPONSORED ADS | 09075V102 |  | 74243 | 777 | SH |  | SOLE | 0 | 777 | 0 | 0 |
| BITMINE IMMERSION TECNOLOGIE | COM NEW | 09175A206 |  | 15611 | 575 | SH |  | SOLE | 0 | 575 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 321102 | 300 | SH |  | SOLE | 0 | 300 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 1146041 | 214 | SH |  | SOLE | 0 | 214 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 2983883 | 31294 | SH |  | SOLE | 0 | 31294 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 2934174 | 54397 | SH |  | SOLE | 0 | 54397 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 1443583 | 4171 | SH |  | SOLE | 0 | 4171 | 0 | 0 |
| CACI INTL INC | CL A | 127190304 |  | 53281 | 100 | SH |  | SOLE | 0 | 100 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 24759 | 250 | SH |  | SOLE | 0 | 250 | 0 | 0 |
| CANOPY GROWTH CORP | COM NEW | 138035704 |  | 23 | 20 | SH |  | SOLE | 0 | 20 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 1952341 | 3408 | SH |  | SOLE | 0 | 3408 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 23565634 | 154620 | SH |  | SOLE | 0 | 154620 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 6289 | 75 | SH |  | SOLE | 0 | 75 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 29294509 | 380300 | SH |  | SOLE | 0 | 380300 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 11669 | 100 | SH |  | SOLE | 0 | 100 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 330154 | 1209 | SH |  | SOLE | 0 | 1209 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 9386326 | 134263 | SH |  | SOLE | 0 | 134263 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 228665 | 2755 | SH |  | SOLE | 0 | 2755 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 11307 | 50 | SH |  | SOLE | 0 | 50 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 295614 | 3741 | SH |  | SOLE | 0 | 3741 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 51486 | 550 | SH |  | SOLE | 0 | 550 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 6944228 | 19657 | SH |  | SOLE | 0 | 19657 | 0 | 0 |
| CONSTRUCTION PARTNERS INC | COM CL A | 21044C107 |  | 17368 | 160 | SH |  | SOLE | 0 | 160 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1741927 | 2020 | SH |  | SOLE | 0 | 2020 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 211751 | 925 | SH |  | SOLE | 0 | 925 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 2105308 | 4522 | SH |  | SOLE | 0 | 4522 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 232295 | 3500 | SH |  | SOLE | 0 | 3500 | 0 | 0 |
| DIGI PWR X INC | COM SUB VTG | 25380B102 |  | 178 | 70 | SH |  | SOLE | 0 | 70 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 61567091 | 541154 | SH |  | SOLE | 0 | 541154 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 50049 | 1245 | SH |  | SOLE | 0 | 1245 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 304850 | 3500 | SH |  | SOLE | 0 | 3500 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 165125 | 629 | SH |  | SOLE | 0 | 629 | 0 | 0 |
| EDITAS MEDICINE INC | COM | 28106W103 |  | 12 | 6 | SH |  | SOLE | 0 | 6 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 35064659 | 32628 | SH |  | SOLE | 0 | 32628 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 14375 | 300 | SH |  | SOLE | 0 | 300 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 4297424 | 134085 | SH |  | SOLE | 0 | 134085 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 12940 | 140 | SH |  | SOLE | 0 | 140 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 10726 | 14 | SH |  | SOLE | 0 | 14 | 0 | 0 |
| EXCHANGE TRADED  CONCEPTS  TRU | ROBO GLB ETF | 301505707 |  | 41586 | 600 | SH |  | SOLE | 0 | 600 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3794200 | 31529 | SH |  | SOLE | 0 | 31529 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 17844360 | 68309 | SH |  | SOLE | 0 | 68309 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 76318 | 1100 | SH |  | SOLE | 0 | 1100 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 73485 | 1331 | SH |  | SOLE | 0 | 1331 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 389915 | 7677 | SH |  | SOLE | 0 | 7677 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 1528753 | 4963 | SH |  | SOLE | 0 | 4963 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 1307 | 2 | SH |  | SOLE | 0 | 2 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 |  | 10876 | 400 | SH |  | SOLE | 0 | 400 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 33666 | 100 | SH |  | SOLE | 0 | 100 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 242265 | 5210 | SH |  | SOLE | 0 | 5210 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 235415 | 1918 | SH |  | SOLE | 0 | 1918 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 3870 | 50 | SH |  | SOLE | 0 | 50 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1343991 | 1529 | SH |  | SOLE | 0 | 1529 | 0 | 0 |
| GSK PLC | SPONSORED ADR | 37733W204 |  | 868008 | 17700 | SH |  | SOLE | 0 | 17700 | 0 | 0 |
| GXO LOGISTICS INCORPORATED | COMMON STOCK | 36262G101 |  | 247408 | 4700 | SH |  | SOLE | 0 | 4700 | 0 | 0 |
| HELLO GROUP INC | ADS | 423403104 |  | 2227 | 340 | SH |  | SOLE | 0 | 340 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 2618601 | 7610 | SH |  | SOLE | 0 | 7610 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 6402854 | 32820 | SH |  | SOLE | 0 | 32820 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 61620 | 2600 | SH |  | SOLE | 0 | 2600 | 0 | 0 |
| HUT 8 CORP | COM | 44812J104 |  | 13782 | 300 | SH |  | SOLE | 0 | 300 | 0 | 0 |
| IHS HOLDING LIMITED | ORD SHS | G4701H109 |  | 11936 | 1600 | SH |  | SOLE | 0 | 1600 | 0 | 0 |
| ILLINOIS TOOL WKS  INC | COM | 452308109 |  | 39408 | 160 | SH |  | SOLE | 0 | 160 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 446600 | 3405 | SH |  | SOLE | 0 | 3405 | 0 | 0 |
| INSPIRE MED SYS INC | COM | 457730109 |  | 11529 | 125 | SH |  | SOLE | 0 | 125 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 391214 | 10602 | SH |  | SOLE | 0 | 10602 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 117907 | 728 | SH |  | SOLE | 0 | 728 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 976604 | 3297 | SH |  | SOLE | 0 | 3297 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 28439 | 422 | SH |  | SOLE | 0 | 422 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 1497069 | 2260 | SH |  | SOLE | 0 | 2260 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 25878687 | 45693 | SH |  | SOLE | 0 | 45693 | 0 | 0 |
| ISHARES BITCOIN  TRUST  ETF | SHS BEN INT | 46438F101 |  | 49650 | 1000 | SH |  | SOLE | 0 | 1000 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 477685 | 5885 | SH |  | SOLE | 0 | 5885 | 0 | 0 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 42193 | 250 | SH |  | SOLE | 0 | 250 | 0 | 0 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 140087 | 1455 | SH |  | SOLE | 0 | 1455 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 168233 | 3075 | SH |  | SOLE | 0 | 3075 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 98464 | 400 | SH |  | SOLE | 0 | 400 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 17256 | 140 | SH |  | SOLE | 0 | 140 | 0 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 14114 | 100 | SH |  | SOLE | 0 | 100 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 238583 | 8313 | SH |  | SOLE | 0 | 8313 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3507389 | 16948 | SH |  | SOLE | 0 | 16948 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 90403010 | 280563 | SH |  | SOLE | 0 | 280563 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 230824 | 1136 | SH |  | SOLE | 0 | 1136 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 14928473 | 12286 | SH |  | SOLE | 0 | 12286 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 1660349 | 68468 | SH |  | SOLE | 0 | 68468 | 0 | 0 |
| KYNDRYL HLDGS INC | COMMON STOCK | 50155Q100 |  | 39840 | 1500 | SH |  | SOLE | 0 | 1500 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 7794205 | 74429 | SH |  | SOLE | 0 | 74429 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 133493 | 276 | SH |  | SOLE | 0 | 276 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 65052 | 400 | SH |  | SOLE | 0 | 400 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 19941409 | 34931 | SH |  | SOLE | 0 | 34931 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 3605211 | 11796 | SH |  | SOLE | 0 | 11796 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 338396 | 168 | SH |  | SOLE | 0 | 168 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 31487897 | 299144 | SH |  | SOLE | 0 | 299144 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 37689819 | 57098 | SH |  | SOLE | 0 | 57098 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1912532 | 6701 | SH |  | SOLE | 0 | 6701 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 217372681 | 449470 | SH |  | SOLE | 0 | 449470 | 0 | 0 |
| MODERNA INC | COM | 60770K107 |  | 8906 | 302 | SH |  | SOLE | 0 | 302 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 572536 | 10636 | SH |  | SOLE | 0 | 10636 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 15334 | 200 | SH |  | SOLE | 0 | 200 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 383138 | 750 | SH |  | SOLE | 0 | 750 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 1301 | 54 | SH |  | SOLE | 0 | 54 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 737243 | 1285 | SH |  | SOLE | 0 | 1285 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 581312 | 6200 | SH |  | SOLE | 0 | 6200 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 144783 | 1450 | SH |  | SOLE | 0 | 1450 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 6057126 | 75450 | SH |  | SOLE | 0 | 75450 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 5294428 | 83102 | SH |  | SOLE | 0 | 83102 | 0 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 117300 | 23000 | SH |  | SOLE | 0 | 23000 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 24954 | 181 | SH |  | SOLE | 0 | 181 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 618955 | 12165 | SH |  | SOLE | 0 | 12165 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 2410 | 39 | SH |  | SOLE | 0 | 39 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 247358121 | 1326317 | SH |  | SOLE | 0 | 1326317 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 94576 | 2300 | SH |  | SOLE | 0 | 2300 | 0 | 0 |
| OKLO INC | COM CL A | 02156V109 |  | 5023 | 70 | SH |  | SOLE | 0 | 70 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 700312 | 3593 | SH |  | SOLE | 0 | 3593 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 27363 | 300 | SH |  | SOLE | 0 | 300 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 14330641 | 164060 | SH |  | SOLE | 0 | 164060 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 1235363 | 6950 | SH |  | SOLE | 0 | 6950 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 36773504 | 199639 | SH |  | SOLE | 0 | 199639 | 0 | 0 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 30681 | 591 | SH |  | SOLE | 0 | 591 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 2458557 | 42113 | SH |  | SOLE | 0 | 42113 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 1238291 | 8628 | SH |  | SOLE | 0 | 8628 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 12606970 | 506304 | SH |  | SOLE | 0 | 506304 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 38817 | 242 | SH |  | SOLE | 0 | 242 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 1469775 | 56770 | SH |  | SOLE | 0 | 56770 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 58847242 | 410629 | SH |  | SOLE | 0 | 410629 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 1178940 | 9235 | SH |  | SOLE | 0 | 9235 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 496387 | 2902 | SH |  | SOLE | 0 | 2902 | 0 | 0 |
| RECURSION PHARMACEUTICALS IN | CL A | 75629V104 |  | 14806 | 3620 | SH |  | SOLE | 0 | 3620 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 12716 | 60 | SH |  | SOLE | 0 | 60 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 184069 | 2300 | SH |  | SOLE | 0 | 2300 | 0 | 0 |
| RXO INC | COMMON STOCK | 74982T103 |  | 127370 | 4700 | SH |  | SOLE | 0 | 4700 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 598366 | 1145 | SH |  | SOLE | 0 | 1145 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 1502570 | 5672 | SH |  | SOLE | 0 | 5672 | 0 | 0 |
| SANOFI SA | SPONSORED ADR | 80105N105 |  | 89651 | 1850 | SH |  | SOLE | 0 | 1850 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 172764 | 1200 | SH |  | SOLE | 0 | 1200 | 0 | 0 |
| SERVICE CORP INTL | COM | 817565104 |  | 1903716 | 24416 | SH |  | SOLE | 0 | 24416 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 27680361 | 180693 | SH |  | SOLE | 0 | 180693 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 354134 | 2200 | SH |  | SOLE | 0 | 2200 | 0 | 0 |
| SLB LIMITED | COM STK | 806857108 |  | 221069 | 5760 | SH |  | SOLE | 0 | 5760 | 0 | 0 |
| SOLSTICE ADVANCED MATLS INC | COM SHS | 83443Q103 |  | 11271 | 232 | SH |  | SOLE | 0 | 232 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 3999164 | 10091 | SH |  | SOLE | 0 | 10091 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 15158400 | 22229 | SH |  | SOLE | 0 | 22229 | 0 | 0 |
| SPDR SERIES  TRUST | STATE STREET SPD | 78464A698 |  | 1210845 | 18683 | SH |  | SOLE | 0 | 18683 | 0 | 0 |
| SPDR SERIES  TRUST | STATE STREET SPD | 78464A755 |  | 77708 | 750 | SH |  | SOLE | 0 | 750 | 0 | 0 |
| SPDR SERIES  TRUST | STATE STREET SPD | 78464A763 |  | 8767 | 63 | SH |  | SOLE | 0 | 63 | 0 | 0 |
| SSR MINING IN | COM | 784730103 |  | 165078 | 7520 | SH |  | SOLE | 0 | 7520 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 81263 | 965 | SH |  | SOLE | 0 | 965 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 26591 | 175 | SH |  | SOLE | 0 | 175 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 986928 | 2808 | SH |  | SOLE | 0 | 2808 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 32975283 | 70202 | SH |  | SOLE | 0 | 70202 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 40608 | 200 | SH |  | SOLE | 0 | 200 | 0 | 0 |
| T1 ENERGY INC | COM NEW | 35834F104 |  | 90180 | 13500 | SH |  | SOLE | 0 | 13500 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 23729555 | 78086 | SH |  | SOLE | 0 | 78086 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 23121454 | 51413 | SH |  | SOLE | 0 | 51413 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 38181699 | 65893 | SH |  | SOLE | 0 | 65893 | 0 | 0 |
| TILRAY BRANDS INC | COM | 88688T209 |  | 451 | 50 | SH |  | SOLE | 0 | 50 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 12503 | 250 | SH |  | SOLE | 0 | 250 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 618300 | 7567 | SH |  | SOLE | 0 | 7567 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 70368 | 1880 | SH |  | SOLE | 0 | 1880 | 0 | 0 |
| UIPATH INC | CL A | 90364P105 |  | 109321 | 6670 | SH |  | SOLE | 0 | 6670 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767803 |  | 18835 | 288 | SH |  | SOLE | 0 | 288 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 278972 | 1206 | SH |  | SOLE | 0 | 1206 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 111589 | 1125 | SH |  | SOLE | 0 | 1125 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 28400354 | 86033 | SH |  | SOLE | 0 | 86033 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 65116 | 400 | SH |  | SOLE | 0 | 400 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 128655 | 1500 | SH |  | SOLE | 0 | 1500 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 224915 | 2260 | SH |  | SOLE | 0 | 2260 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 1507560 | 2000 | SH |  | SOLE | 0 | 2000 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 115633 | 518 | SH |  | SOLE | 0 | 518 | 0 | 0 |
| VERIZON COMMUNICATIONS  INC | COM | 92343V104 |  | 40730 | 1000 | SH |  | SOLE | 0 | 1000 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 83115114 | 236991 | SH |  | SOLE | 0 | 236991 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 3675527 | 32991 | SH |  | SOLE | 0 | 32991 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 7531156 | 261317 | SH |  | SOLE | 0 | 261317 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 27234373 | 123956 | SH |  | SOLE | 0 | 123956 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 82403 | 700 | SH |  | SOLE | 0 | 700 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 127794 | 595 | SH |  | SOLE | 0 | 595 | 0 | 0 |
| XPO INC | COM | 983793100 |  | 638777 | 4700 | SH |  | SOLE | 0 | 4700 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 23014829 | 169003 | SH |  | SOLE | 0 | 169003 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 827392 | 6576 | SH |  | SOLE | 0 | 6576 | 0 | 0 |
| ZOOM COMMUNICATIONS INC | CL A | 98980L101 |  | 4315 | 50 | SH |  | SOLE | 0 | 50 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 251910 | 1120 | SH |  | SOLE | 0 | 1120 | 0 | 0 |

---