# EDGAR Filing Document

**Accession Number:** 0002075029
**File Stem:** 0002075029-26-000001
**Filing Date:** 2026-1
**Character Count:** 28945
**Document Hash:** 8762b93222723612322d19955c964891
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002075029-26-000001.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0002075029-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**EFFECTIVENESS DATE**: 20260127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MASTERINVEST Kapitalanlage GmbH
- **CENTRAL INDEX KEY:** 0002075029

**ORGANIZATION NAME:**
- **EIN:** 091642355
- **STATE OF INCORPORATION:** C4
- **FISCAL YEAR END:** 1231
- **LEGAL ENTITY IDENTIFIER:** 5299000SPV9W5FRWSN48

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25762
- **FILM NUMBER:** 26562106

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** LANDSTRASSER HAUPTSTRASSE 1 TOP 27
- **CITY:** VIENNA
- **PROVINCE COUNTRY:** C4
- **ZIP:** 1030
- **BUSINESS PHONE:** 004315337668100

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** LANDSTRASSER HAUPTSTRASSE 1 TOP 27
- **CITY:** VIENNA
- **PROVINCE COUNTRY:** C4
- **ZIP:** 1030

### 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:** MASTERINVEST Kapitalanlage GmbH<br>**Address:** LANDSTRASSER HAUPTSTRASSE 1 TOP 27<br>VIENNA, C4 1030

**Form 13F File Number:** 028-25762

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:** Andreas Mueller<br>**Title:** Managing Director<br>**Phone:** 004315337668100

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

Andreas Mueller  Vienna, C4  01-27-2026<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:** 266

**Form 13F Information Table Value Total:** $1053129738

      (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 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 3505237 | 90927 | SH |  | SOLE |  | 90927 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 6074839 | 19338 | SH |  | SOLE |  | 19338 | 0 | 0 |
| AMRIZE LTD | SHS | H2927K103 |  | 2016428 | 36689 | SH |  | SOLE |  | 36689 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 6082712 | 14200 | SH |  | SOLE |  | 14200 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1663470 | 6161 | SH |  | SOLE |  | 6161 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 3873102 | 12071 | SH |  | SOLE |  | 12071 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 3893206 | 9939 | SH |  | SOLE |  | 9939 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1394611 | 14428 | SH |  | SOLE |  | 14428 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 3756759 | 31063 | SH |  | SOLE |  | 31063 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 3599845 | 12779 | SH |  | SOLE |  | 12779 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 3071397 | 5326 | SH |  | SOLE |  | 5326 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 127217 | 11437 | SH |  | SOLE |  | 11437 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 826469 | 26816 | SH |  | SOLE |  | 26816 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 2622069 | 105686 | SH |  | SOLE |  | 105686 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 8193309 | 65140 | SH |  | SOLE |  | 65140 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 18966415 | 82556 | SH |  | SOLE |  | 82556 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 2588129 | 7342 | SH |  | SOLE |  | 7342 | 0 | 0 |
| AECOM | COM | 00766T100 |  | 1702788 | 17569 | SH |  | SOLE |  | 17569 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 7980931 | 37062 | SH |  | SOLE |  | 37062 | 0 | 0 |
| ADVANCED DRAIN SYS INC DEL | COM | 00790R104 |  | 1557964 | 10602 | SH |  | SOLE |  | 10602 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 2297565 | 16695 | SH |  | SOLE |  | 16695 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 238634 | 1743 | SH |  | SOLE |  | 1743 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 1084358 | 4358 | SH |  | SOLE |  | 4358 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 223319 | 1068 | SH |  | SOLE |  | 1068 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 18619787 | 59195 | SH |  | SOLE |  | 59195 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 35907894 | 114411 | SH |  | SOLE |  | 114411 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 371346 | 6428 | SH |  | SOLE |  | 6428 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 34781141 | 149577 | SH |  | SOLE |  | 149577 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 5132992 | 13747 | SH |  | SOLE |  | 13747 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 228675 | 2655 | SH |  | SOLE |  | 2655 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 302191 | 1710 | SH |  | SOLE |  | 1710 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 752686 | 5740 | SH |  | SOLE |  | 5740 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 1679457 | 4939 | SH |  | SOLE |  | 4939 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 3135704 | 9540 | SH |  | SOLE |  | 9540 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 613990 | 4508 | SH |  | SOLE |  | 4508 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 1917419 | 6977 | SH |  | SOLE |  | 6977 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 223644 | 9711 | SH |  | SOLE |  | 9711 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 1096976 | 3145 | SH |  | SOLE |  | 3145 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 1467611 | 10048 | SH |  | SOLE |  | 10048 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 45450069 | 166435 | SH |  | SOLE |  | 166435 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 5146626 | 19797 | SH |  | SOLE |  | 19797 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 1901460 | 2741 | SH |  | SOLE |  | 2741 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 788727 | 13559 | SH |  | SOLE |  | 13559 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 3562901 | 26902 | SH |  | SOLE |  | 26902 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 1015705 | 6234 | SH |  | SOLE |  | 6234 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 2010812 | 6713 | SH |  | SOLE |  | 6713 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 6488509 | 25001 | SH |  | SOLE |  | 25001 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 2814248 | 828 | SH |  | SOLE |  | 828 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 272324 | 476 | SH |  | SOLE |  | 476 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 919403 | 19948 | SH |  | SOLE |  | 19948 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 5201351 | 94091 | SH |  | SOLE |  | 94091 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 1016068 | 8694 | SH |  | SOLE |  | 8694 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 1131386 | 5783 | SH |  | SOLE |  | 5783 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 3021600 | 4 | SH |  | SOLE |  | 4 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2572951 | 5108 | SH |  | SOLE |  | 5108 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 399112 | 5884 | SH |  | SOLE |  | 5884 | 0 | 0 |
| BIO RAD LABS INC | CL A | 090572207 |  | 1253059 | 4115 | SH |  | SOLE |  | 4115 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 1061172 | 6856 | SH |  | SOLE |  | 6856 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 1652048 | 1525 | SH |  | SOLE |  | 1525 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 4249459 | 783 | SH |  | SOLE |  | 783 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 5884741 | 61293 | SH |  | SOLE |  | 61293 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 402238 | 7420 | SH |  | SOLE |  | 7420 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 36079681 | 103129 | SH |  | SOLE |  | 103129 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 2928148 | 17930 | SH |  | SOLE |  | 17930 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 1945866 | 7038 | SH |  | SOLE |  | 7038 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 8535559 | 30945 | SH |  | SOLE |  | 30945 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 782437 | 11111 | SH |  | SOLE |  | 11111 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 239389 | 6573 | SH |  | SOLE |  | 6573 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 647823 | 8113 | SH |  | SOLE |  | 8113 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 2617271 | 8293 | SH |  | SOLE |  | 8293 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 3636861 | 14907 | SH |  | SOLE |  | 14907 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 663707 | 12422 | SH |  | SOLE |  | 12422 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 230668 | 537 | SH |  | SOLE |  | 537 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 2967207 | 5139 | SH |  | SOLE |  | 5139 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 2115350 | 51331 | SH |  | SOLE |  | 51331 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 1246447 | 11127 | SH |  | SOLE |  | 11127 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 2276121 | 14944 | SH |  | SOLE |  | 14944 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 15942822 | 205953 | SH |  | SOLE |  | 205953 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 1436762 | 7548 | SH |  | SOLE |  | 7548 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 4008700 | 34201 | SH |  | SOLE |  | 34201 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 557378 | 5529 | SH |  | SOLE |  | 5529 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 1716732 | 8600 | SH |  | SOLE |  | 8600 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 8649301 | 123438 | SH |  | SOLE |  | 123438 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 1079488 | 4661 | SH |  | SOLE |  | 4661 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 2054698 | 25842 | SH |  | SOLE |  | 25842 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 3403033 | 113548 | SH |  | SOLE |  | 113548 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 795803 | 8457 | SH |  | SOLE |  | 8457 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 2594089 | 29193 | SH |  | SOLE |  | 29193 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 3779428 | 4366 | SH |  | SOLE |  | 4366 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 447568 | 941 | SH |  | SOLE |  | 941 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 553400 | 6211 | SH |  | SOLE |  | 6211 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 3776060 | 7352 | SH |  | SOLE |  | 7352 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 2246956 | 9741 | SH |  | SOLE |  | 9741 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 3518441 | 7487 | SH |  | SOLE |  | 7487 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 1042164 | 8147 | SH |  | SOLE |  | 8147 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 889166 | 24149 | SH |  | SOLE |  | 24149 | 0 | 0 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 1045043 | 5252 | SH |  | SOLE |  | 5252 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 7930497 | 69087 | SH |  | SOLE |  | 69087 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 304097 | 1333 | SH |  | SOLE |  | 1333 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 658421 | 28006 | SH |  | SOLE |  | 28006 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 284109 | 6984 | SH |  | SOLE |  | 6984 | 0 | 0 |
| DYNATRACE INC | COM NEW | 268150109 |  | 987178 | 22385 | SH |  | SOLE |  | 22385 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 337689 | 3196 | SH |  | SOLE |  | 3196 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 1546984 | 17761 | SH |  | SOLE |  | 17761 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 4302032 | 16266 | SH |  | SOLE |  | 16266 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 226614 | 3755 | SH |  | SOLE |  | 3755 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 1920018 | 22274 | SH |  | SOLE |  | 22274 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 2957353 | 14472 | SH |  | SOLE |  | 14472 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 828517 | 6124 | SH |  | SOLE |  | 6124 | 0 | 0 |
| ENSIGN GROUP INC | COM | 29358P101 |  | 1166352 | 6600 | SH |  | SOLE |  | 6600 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 1653337 | 2148 | SH |  | SOLE |  | 2148 | 0 | 0 |
| ESSEX PPTY TR INC | COM | 297178105 |  | 233833 | 886 | SH |  | SOLE |  | 886 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 1018586 | 15079 | SH |  | SOLE |  | 15079 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 1105818 | 25178 | SH |  | SOLE |  | 25178 | 0 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 294037 | 2235 | SH |  | SOLE |  | 2235 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3539079 | 29251 | SH |  | SOLE |  | 29251 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 21499530 | 32284 | SH |  | SOLE |  | 32284 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 5474863 | 133958 | SH |  | SOLE |  | 133958 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 768689 | 2641 | SH |  | SOLE |  | 2641 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 520568 | 7750 | SH |  | SOLE |  | 7750 | 0 | 0 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 2465363 | 103067 | SH |  | SOLE |  | 103067 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 1049173 | 14954 | SH |  | SOLE |  | 14954 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 2819459 | 213111 | SH |  | SOLE |  | 213111 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 1122895 | 13982 | SH |  | SOLE |  | 13982 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 250418 | 4871 | SH |  | SOLE |  | 4871 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 265234 | 1013 | SH |  | SOLE |  | 1013 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 1712426 | 2596 | SH |  | SOLE |  | 2596 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 2863480 | 9184 | SH |  | SOLE |  | 9184 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 1504314 | 32233 | SH |  | SOLE |  | 32233 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 313677 | 3810 | SH |  | SOLE |  | 3810 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 2757877 | 22389 | SH |  | SOLE |  | 22389 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 6224548 | 7038 | SH |  | SOLE |  | 7038 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 |  | 1689904 | 1655 | SH |  | SOLE |  | 1655 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 310459 | 656 | SH |  | SOLE |  | 656 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 503476 | 17672 | SH |  | SOLE |  | 17672 | 0 | 0 |
| HARTFORD FINL SVCS GROUP INC | COM | 416515104 |  | 1005757 | 7244 | SH |  | SOLE |  | 7244 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 1224537 | 50874 | SH |  | SOLE |  | 50874 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 2944089 | 10137 | SH |  | SOLE |  | 10137 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 7871150 | 22726 | SH |  | SOLE |  | 22726 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 474798 | 2418 | SH |  | SOLE |  | 2418 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 193874 | 10600 | SH |  | SOLE |  | 10600 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 1508285 | 7258 | SH |  | SOLE |  | 7258 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 1087788 | 5544 | SH |  | SOLE |  | 5544 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 2253996 | 129021 | SH |  | SOLE |  | 129021 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 2135316 | 8513 | SH |  | SOLE |  | 8513 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 1375002 | 17049 | SH |  | SOLE |  | 17049 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 1565182 | 41962 | SH |  | SOLE |  | 41962 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 1974399 | 12101 | SH |  | SOLE |  | 12101 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 7066762 | 23396 | SH |  | SOLE |  | 23396 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 1348003 | 19844 | SH |  | SOLE |  | 19844 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 3678311 | 5491 | SH |  | SOLE |  | 5491 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 5619218 | 9813 | SH |  | SOLE |  | 9813 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 1643609 | 19717 | SH |  | SOLE |  | 19717 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 23257456 | 71911 | SH |  | SOLE |  | 71911 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 1935926 | 8360 | SH |  | SOLE |  | 8360 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 4285313 | 20711 | SH |  | SOLE |  | 20711 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 1959993 | 1576 | SH |  | SOLE |  | 1576 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 304877 | 2370 | SH |  | SOLE |  | 2370 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 1309643 | 12894 | SH |  | SOLE |  | 12894 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 681157 | 27882 | SH |  | SOLE |  | 27882 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 7943658 | 45711 | SH |  | SOLE |  | 45711 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 2153950 | 20351 | SH |  | SOLE |  | 20351 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 28971854 | 26832 | SH |  | SOLE |  | 26832 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 3605143 | 14825 | SH |  | SOLE |  | 14825 | 0 | 0 |
| MARKEL GROUP INC | COM | 570535104 |  | 1834662 | 844 | SH |  | SOLE |  | 844 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 1580569 | 8436 | SH |  | SOLE |  | 8436 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 761932 | 2427 | SH |  | SOLE |  | 2427 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 301578 | 3476 | SH |  | SOLE |  | 3476 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 522845 | 8144 | SH |  | SOLE |  | 8144 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 11279899 | 19535 | SH |  | SOLE |  | 19535 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 1192716 | 17417 | SH |  | SOLE |  | 17417 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 6823173 | 22151 | SH |  | SOLE |  | 22151 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 681720 | 824 | SH |  | SOLE |  | 824 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 3221283 | 1594 | SH |  | SOLE |  | 1594 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 5247001 | 49472 | SH |  | SOLE |  | 49472 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 58117852 | 119221 | SH |  | SOLE |  | 119221 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 11329757 | 38717 | SH |  | SOLE |  | 38717 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 2259542 | 41225 | SH |  | SOLE |  | 41225 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 2868997 | 6811 | SH |  | SOLE |  | 6811 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 722932 | 9339 | SH |  | SOLE |  | 9339 | 0 | 0 |
| MONTROSE ENVIRONMENTAL GROUP | COM | 615111101 |  | 583787 | 22822 | SH |  | SOLE |  | 22822 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 1201698 | 2330 | SH |  | SOLE |  | 2330 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 4670406 | 26080 | SH |  | SOLE |  | 26080 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 2135474 | 5562 | SH |  | SOLE |  | 5562 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 1448166 | 13357 | SH |  | SOLE |  | 13357 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 8866992 | 94551 | SH |  | SOLE |  | 94551 | 0 | 0 |
| NEW YORK TIMES CO | CL A | 650111107 |  | 2280825 | 32700 | SH |  | SOLE |  | 32700 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 4321207 | 42423 | SH |  | SOLE |  | 42423 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 994143 | 12345 | SH |  | SOLE |  | 12345 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 2644509 | 43218 | SH |  | SOLE |  | 43218 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 253846 | 875 | SH |  | SOLE |  | 875 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 828227 | 5996 | SH |  | SOLE |  | 5996 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 67018920 | 357358 | SH |  | SOLE |  | 357358 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 292155 | 3194 | SH |  | SOLE |  | 3194 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 8773478 | 44488 | SH |  | SOLE |  | 44488 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 960893 | 10918 | SH |  | SOLE |  | 10918 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 740610 | 3509 | SH |  | SOLE |  | 3509 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 236012 | 2127 | SH |  | SOLE |  | 2127 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 3367241 | 18620 | SH |  | SOLE |  | 18620 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 2485106 | 13300 | SH |  | SOLE |  | 13300 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 2252270 | 2534 | SH |  | SOLE |  | 2534 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 478828 | 8102 | SH |  | SOLE |  | 8102 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 10666544 | 73991 | SH |  | SOLE |  | 73991 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 1157662 | 46325 | SH |  | SOLE |  | 46325 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 960849 | 5933 | SH |  | SOLE |  | 5933 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 235229 | 2646 | SH |  | SOLE |  | 2646 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 14208804 | 98638 | SH |  | SOLE |  | 98638 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 7485064 | 32548 | SH |  | SOLE |  | 32548 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 6197512 | 48039 | SH |  | SOLE |  | 48039 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1704327 | 14991 | SH |  | SOLE |  | 14991 | 0 | 0 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 293363 | 3492 | SH |  | SOLE |  | 3492 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 5703187 | 32843 | SH |  | SOLE |  | 32843 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 2447219 | 5707 | SH |  | SOLE |  | 5707 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 644035 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 927386 | 6513 | SH |  | SOLE |  | 6513 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 2458033 | 3176 | SH |  | SOLE |  | 3176 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 3362282 | 13832 | SH |  | SOLE |  | 13832 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 1132772 | 57824 | SH |  | SOLE |  | 57824 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 333304 | 2887 | SH |  | SOLE |  | 2887 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 2403416 | 6105 | SH |  | SOLE |  | 6105 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 2272661 | 12525 | SH |  | SOLE |  | 12525 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 3418905 | 6479 | SH |  | SOLE |  | 6479 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 9657683 | 36318 | SH |  | SOLE |  | 36318 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 5234230 | 52056 | SH |  | SOLE |  | 52056 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 979010 | 10989 | SH |  | SOLE |  | 10989 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 5836834 | 37845 | SH |  | SOLE |  | 37845 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 1688530 | 5177 | SH |  | SOLE |  | 5177 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 244747 | 1310 | SH |  | SOLE |  | 1310 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 521151 | 2347 | SH |  | SOLE |  | 2347 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 369133 | 4330 | SH |  | SOLE |  | 4330 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 2561705 | 7234 | SH |  | SOLE |  | 7234 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 1639363 | 3455 | SH |  | SOLE |  | 3455 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 911644 | 10813 | SH |  | SOLE |  | 10813 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 10622211 | 68376 | SH |  | SOLE |  | 68376 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 3476624 | 17059 | SH |  | SOLE |  | 17059 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 1300898 | 5044 | SH |  | SOLE |  | 5044 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 1401515 | 10820 | SH |  | SOLE |  | 10820 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 12798113 | 28163 | SH |  | SOLE |  | 28163 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 1939794 | 11058 | SH |  | SOLE |  | 11058 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 248485 | 849 | SH |  | SOLE |  | 849 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 2187938 | 3750 | SH |  | SOLE |  | 3750 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 4710516 | 29227 | SH |  | SOLE |  | 29227 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 277771 | 211 | SH |  | SOLE |  | 211 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 264896 | 906 | SH |  | SOLE |  | 906 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 259893 | 5244 | SH |  | SOLE |  | 5244 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 322547 | 5939 | SH |  | SOLE |  | 5939 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 6082464 | 74068 | SH |  | SOLE |  | 74068 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 8305793 | 35638 | SH |  | SOLE |  | 35638 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 538865 | 4832 | SH |  | SOLE |  | 4832 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 278593 | 2796 | SH |  | SOLE |  | 2796 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 212485 | 260 | SH |  | SOLE |  | 260 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 5645060 | 16995 | SH |  | SOLE |  | 16995 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 237728 | 1442 | SH |  | SOLE |  | 1442 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 1311673 | 5839 | SH |  | SOLE |  | 5839 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 3834877 | 94223 | SH |  | SOLE |  | 94223 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 2515534 | 5544 | SH |  | SOLE |  | 5544 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 1493028 | 9085 | SH |  | SOLE |  | 9085 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 14683010 | 41522 | SH |  | SOLE |  | 41522 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 7695955 | 68763 | SH |  | SOLE |  | 68763 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 278605 | 9627 | SH |  | SOLE |  | 9627 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 5115648 | 23031 | SH |  | SOLE |  | 23031 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 2179598 | 23111 | SH |  | SOLE |  | 23111 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 3251272 | 17294 | SH |  | SOLE |  | 17294 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 307225 | 1745 | SH |  | SOLE |  | 1745 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 257279 | 1186 | SH |  | SOLE |  | 1186 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 828238 | 6552 | SH |  | SOLE |  | 6552 | 0 | 0 |

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