# EDGAR Filing Document

**Accession Number:** 0002062680
**File Stem:** 0000898432-25-000856
**Filing Date:** 2025-10
**Character Count:** 65329
**Document Hash:** 52a367633a48f8c53f47692880635326
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898432-25-000856.hdr.sgml**: 20251030

**ACCESSION NUMBER**: 0000898432-25-000856

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251030

**DATE AS OF CHANGE**: 20251030

**EFFECTIVENESS DATE**: 20251030

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Rakuten Investment Management, Inc.
- **CENTRAL INDEX KEY:** 0002062680

**ORGANIZATION NAME:**
- **EIN:** 980242292
- **STATE OF INCORPORATION:** M0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25589
- **FILM NUMBER:** 251432601

**BUSINESS ADDRESS:**
- **STREET 1:** 2-6-21 MINAMIAOYAMA
- **STREET 2:** MINATO-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 107-0062
- **BUSINESS PHONE:** 81-3-6432-7720

**MAIL ADDRESS:**
- **STREET 1:** 2-6-21 MINAMIAOYAMA
- **STREET 2:** MINATO-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 107-0062

### 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:** Rakuten Investment Management Inc.<br>**Address:** 2-6-21 MINAMIAOYAMA<br>MINATO-KU<br>TOKYO, M0 107-0062

**Form 13F File Number:** 028-25589

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:** Kazuya Kagamihara<br>**Title:** Department Director Compliance Department<br>**Phone:** 81-3-6432-7720

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

/s/ Kazuya Kagamihara  Tokyo, M0  10-30-2025<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:** 640

**Form 13F Information Table Value Total:** $28096722856

      (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 |
| 3M CO | COM | 88579Y101 |  | 9718904 | 63077 | SH |  | SOLE |  | 63077 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 27342391 | 205412 | SH |  | SOLE |  | 205412 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 46531091 | 208510 | SH |  | SOLE |  | 208510 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 24903852 | 69289 | SH |  | SOLE |  | 69289 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 50195546 | 311078 | SH |  | SOLE |  | 311078 | 0 | 0 |
| AECOM | COM | 00766T100 |  | 641687 | 4941 | SH |  | SOLE |  | 4941 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 756068 | 57452 | SH |  | SOLE |  | 57452 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 765600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 6460638 | 58021 | SH |  | SOLE |  | 58021 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 4206015 | 33988 | SH |  | SOLE |  | 33988 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 7105239 | 26269 | SH |  | SOLE |  | 26269 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 8637096 | 70266 | SH |  | SOLE |  | 70266 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 1298196 | 17030 | SH |  | SOLE |  | 17030 | 0 | 0 |
| ALBERTSONS COS INC | COMMON STOCK | 013091103 |  | 824925 | 9495 | SH |  | SOLE |  | 9495 | 0 | 0 |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 |  | 239336 | 13692 | SH |  | SOLE |  | 13692 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 1551217 | 18375 | SH |  | SOLE |  | 18375 | 0 | 0 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 1808688 | 10333 | SH |  | SOLE |  | 10333 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 2025303 | 30328 | SH |  | SOLE |  | 30328 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 6581794 | 31152 | SH |  | SOLE |  | 31152 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2179276 | 4870 | SH |  | SOLE |  | 4870 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 193578263 | 793191 | SH |  | SOLE |  | 793191 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 161162506 | 659529 | SH |  | SOLE |  | 659529 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 13032605 | 198456 | SH |  | SOLE |  | 198456 | 0 | 0 |
| AMEREN CORP | COM | 023608102 |  | 38071 | 1100 | SH |  | SOLE |  | 1100 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 3326026 | 32120 | SH |  | SOLE |  | 32120 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 9567217 | 87149 | SH |  | SOLE |  | 87149 | 0 | 0 |
| AMERICAN FINL GROUP INC OHIO | COM | 025932104 |  | 22157041 | 64728 | SH |  | SOLE |  | 64728 | 0 | 0 |
| AMERICAN HEALTHCARE REIT INC | COM SHS | 398182303 |  | 360627 | 2495 | SH |  | SOLE |  | 2495 | 0 | 0 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 |  | 59341 | 1420 | SH |  | SOLE |  | 1420 | 0 | 0 |
| AMERICAN INTEGRITY INS GROUP | COM | 026948109 |  | 403309 | 12421 | SH |  | SOLE |  | 12421 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 21820 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 5159005 | 66226 | SH |  | SOLE |  | 66226 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 10752000 | 55266 | SH |  | SOLE |  | 55266 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 3155483 | 23026 | SH |  | SOLE |  | 23026 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 5576423 | 11162 | SH |  | SOLE |  | 11162 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 5093702 | 27258 | SH |  | SOLE |  | 27258 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 24089086 | 87926 | SH |  | SOLE |  | 87926 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 17387805 | 143689 | SH |  | SOLE |  | 143689 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 15967 | 333 | SH |  | SOLE |  | 333 | 0 | 0 |
| APA CORPORATION | COM | 03743Q108 |  | 472792 | 22600 | SH |  | SOLE |  | 22600 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 8886777 | 25060 | SH |  | SOLE |  | 25060 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 702647 | 28868 | SH |  | SOLE |  | 28868 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 7395049 | 53417 | SH |  | SOLE |  | 53417 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 515597815 | 2026482 | SH |  | SOLE |  | 2026482 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 2204460 | 25702 | SH |  | SOLE |  | 25702 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 3951352 | 43987 | SH |  | SOLE |  | 43987 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 3420240 | 56711 | SH |  | SOLE |  | 56711 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 1316511 | 8056 | SH |  | SOLE |  | 8056 | 0 | 0 |
| ASSURANT INC | COM | 04621X108 |  | 8580705 | 8914 | SH |  | SOLE |  | 8914 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 14656 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 873025 | 4071 | SH |  | SOLE |  | 4071 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 2507663 | 12614 | SH |  | SOLE |  | 12614 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 1958143 | 26415 | SH |  | SOLE |  | 26415 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 23738377 | 845685 | SH |  | SOLE |  | 845685 | 0 | 0 |
| AUTOHOME INC | SP ADS RP CL A | 05278C107 |  | 2263755 | 13694 | SH |  | SOLE |  | 13694 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 3201782 | 18884 | SH |  | SOLE |  | 18884 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 11233372 | 34883 | SH |  | SOLE |  | 34883 | 0 | 0 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 60216 | 2075 | SH |  | SOLE |  | 2075 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 19331656 | 66055 | SH |  | SOLE |  | 66055 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 8440834 | 1975 | SH |  | SOLE |  | 1975 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 3250065 | 16791 | SH |  | SOLE |  | 16791 | 0 | 0 |
| BALL CORP | COM | 058498106 |  | 1477789 | 9212 | SH |  | SOLE |  | 9212 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 9040468 | 12626 | SH |  | SOLE |  | 12626 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 8132484 | 160880 | SH |  | SOLE |  | 160880 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 |  | 1577379 | 31802 | SH |  | SOLE |  | 31802 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 42830756 | 817069 | SH |  | SOLE |  | 817069 | 0 | 0 |
| BENTLEY SYS INC | COM CL B | 08265T208 |  | 9177734 | 83624 | SH |  | SOLE |  | 83624 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 1356429 | 60609 | SH |  | SOLE |  | 60609 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 6225088 | 33832 | SH |  | SOLE |  | 33832 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 311620 | 5995 | SH |  | SOLE |  | 5995 | 0 | 0 |
| BETA BIONICS INC | COM | 08659B102 |  | 2699622 | 35512 | SH |  | SOLE |  | 35512 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 99137071 | 198572 | SH |  | SOLE |  | 198572 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 1767266 | 23358 | SH |  | SOLE |  | 23358 | 0 | 0 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 4268 | 215 | SH |  | SOLE |  | 215 | 0 | 0 |
| BKV CORP | COM | 05603J108 |  | 3310073 | 23896 | SH |  | SOLE |  | 23896 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 660657 | 12649 | SH |  | SOLE |  | 12649 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 10777 | 454 | SH |  | SOLE |  | 454 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 20122060 | 17117 | SH |  | SOLE |  | 17117 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 15275741 | 86725 | SH |  | SOLE |  | 86725 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 4905778 | 65072 | SH |  | SOLE |  | 65072 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 19411510 | 89421 | SH |  | SOLE |  | 89421 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 28839580 | 5287 | SH |  | SOLE |  | 5287 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 458256 | 4634 | SH |  | SOLE |  | 4634 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 16963756 | 174812 | SH |  | SOLE |  | 174812 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 10658428 | 241414 | SH |  | SOLE |  | 241414 | 0 | 0 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 236228013 | 720427 | SH |  | SOLE |  | 720427 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 3315413 | 13952 | SH |  | SOLE |  | 13952 | 0 | 0 |
| BURLINGTON STORES INC | COM | 122017106 |  | 597082 | 22057 | SH |  | SOLE |  | 22057 | 0 | 0 |
| BXP INC | COM | 101121101 |  | 1560671 | 13048 | SH |  | SOLE |  | 13048 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 1362567 | 16530 | SH |  | SOLE |  | 16530 | 0 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 607353 | 2356 | SH |  | SOLE |  | 2356 | 0 | 0 |
| COOPER COS INC | COM | 216648501 |  | 1319125 | 17502 | SH |  | SOLE |  | 17502 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 15487183 | 44437 | SH |  | SOLE |  | 44437 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 |  | 1343808 | 12612 | SH |  | SOLE |  | 12612 | 0 | 0 |
| CARLYLE GROUP INC | COM | 14316J108 |  | 16883588 | 75508 | SH |  | SOLE |  | 75508 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 4355937 | 28181 | SH |  | SOLE |  | 28181 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 14250 | 475 | SH |  | SOLE |  | 475 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 539490 | 1615 | SH |  | SOLE |  | 1615 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 568890 | 8767 | SH |  | SOLE |  | 8767 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 547932 | 12109 | SH |  | SOLE |  | 12109 | 0 | 0 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 3728331 | 126814 | SH |  | SOLE |  | 126814 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 5520554 | 93363 | SH |  | SOLE |  | 93363 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 1782283 | 4539 | SH |  | SOLE |  | 4539 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 26147001 | 55442 | SH |  | SOLE |  | 55442 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 3041064 | 12350 | SH |  | SOLE |  | 12350 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 5529105 | 34783 | SH |  | SOLE |  | 34783 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 3469878 | 21386 | SH |  | SOLE |  | 21386 | 0 | 0 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 6937736 | 22520 | SH |  | SOLE |  | 22520 | 0 | 0 |
| CHAGEE HLDGS LTD | SPONSORED ADS | 15743P104 |  | 1979893 | 56231 | SH |  | SOLE |  | 56231 | 0 | 0 |
| CHARLES RIV LABS INTL INC | COM | 159864107 |  | 3015201 | 77056 | SH |  | SOLE |  | 77056 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 1730551 | 19120 | SH |  | SOLE |  | 19120 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 2694 | 160 | SH |  | SOLE |  | 160 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 583697 | 3971 | SH |  | SOLE |  | 3971 | 0 | 0 |
| CHIME FINL INC | COM SHS CL A | 16935C109 |  | 4681062 | 16953 | SH |  | SOLE |  | 16953 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 680169 | 3305 | SH |  | SOLE |  | 3305 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 35668537 | 228498 | SH |  | SOLE |  | 228498 | 0 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 2080 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 6324668 | 158513 | SH |  | SOLE |  | 158513 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 12338380 | 44135 | SH |  | SOLE |  | 44135 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 2486349 | 28854 | SH |  | SOLE |  | 28854 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 2885808 | 18455 | SH |  | SOLE |  | 18455 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 12097980 | 59330 | SH |  | SOLE |  | 59330 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 43758158 | 646163 | SH |  | SOLE |  | 646163 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 22415636 | 217290 | SH |  | SOLE |  | 217290 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 2736150 | 51000 | SH |  | SOLE |  | 51000 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 2535309 | 11599 | SH |  | SOLE |  | 11599 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 2570527 | 35324 | SH |  | SOLE |  | 35324 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 356386 | 32666 | SH |  | SOLE |  | 32666 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 30724647 | 465243 | SH |  | SOLE |  | 465243 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 2622388 | 29271 | SH |  | SOLE |  | 29271 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 5351575 | 79779 | SH |  | SOLE |  | 79779 | 0 | 0 |
| COMPANIA DE MINAS BUENAVENTU | SPONSORED ADR | 204448104 |  | 1276529 | 11823 | SH |  | SOLE |  | 11823 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 8599908 | 25749 | SH |  | SOLE |  | 25749 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 7554946 | 93967 | SH |  | SOLE |  | 93967 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 18951941 | 601840 | SH |  | SOLE |  | 601840 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 127805 | 5253 | SH |  | SOLE |  | 5253 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 697300 | 38653 | SH |  | SOLE |  | 38653 | 0 | 0 |
| COOPER COS INC | COM | 216648501 |  | 14178323 | 147922 | SH |  | SOLE |  | 147922 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 4237300 | 42556 | SH |  | SOLE |  | 42556 | 0 | 0 |
| COREBRIDGE FINL INC | COM | 21871X109 |  | 2384676 | 17474 | SH |  | SOLE |  | 17474 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 17034144 | 50960 | SH |  | SOLE |  | 50960 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 1593628 | 23550 | SH |  | SOLE |  | 23550 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 6696957 | 150156 | SH |  | SOLE |  | 150156 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 332350 | 10056 | SH |  | SOLE |  | 10056 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 35040 | 286 | SH |  | SOLE |  | 286 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 7487054 | 93285 | SH |  | SOLE |  | 93285 | 0 | 0 |
| CRANE COMPANY | COMMON STOCK | 224408104 |  | 5440101 | 80273 | SH |  | SOLE |  | 80273 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 2129538 | 90082 | SH |  | SOLE |  | 90082 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 35410 | 195 | SH |  | SOLE |  | 195 | 0 | 0 |
| CROWN HLDGS INC | COM | 228368106 |  | 575327 | 2151 | SH |  | SOLE |  | 2151 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 1915943 | 13122 | SH |  | SOLE |  | 13122 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 2893168 | 25248 | SH |  | SOLE |  | 25248 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 19881868 | 40704 | SH |  | SOLE |  | 40704 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 419702 | 4347 | SH |  | SOLE |  | 4347 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 10907046 | 304411 | SH |  | SOLE |  | 304411 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 6820770 | 16262 | SH |  | SOLE |  | 16262 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 11304062 | 149584 | SH |  | SOLE |  | 149584 | 0 | 0 |
| DAYFORCE INC | COM | 15677J108 |  | 881520 | 1822 | SH |  | SOLE |  | 1822 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 14095719 | 75759 | SH |  | SOLE |  | 75759 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 2665825 | 13814 | SH |  | SOLE |  | 13814 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 7460408 | 51359 | SH |  | SOLE |  | 51359 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 579297 | 4436 | SH |  | SOLE |  | 4436 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 886874 | 12885 | SH |  | SOLE |  | 12885 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 1812564 | 17550 | SH |  | SOLE |  | 17550 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 13960510 | 29991 | SH |  | SOLE |  | 29991 | 0 | 0 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 4894312 | 36552 | SH |  | SOLE |  | 36552 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 3369189 | 58432 | SH |  | SOLE |  | 58432 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 2628551 | 74002 | SH |  | SOLE |  | 74002 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 4248056 | 63919 | SH |  | SOLE |  | 63919 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 5067225 | 35292 | SH |  | SOLE |  | 35292 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 549040 | 2497 | SH |  | SOLE |  | 2497 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 6540049 | 38446 | SH |  | SOLE |  | 38446 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 619910 | 7547 | SH |  | SOLE |  | 7547 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 2673969 | 25976 | SH |  | SOLE |  | 25976 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 2172953 | 23065 | SH |  | SOLE |  | 23065 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 6135314 | 100711 | SH |  | SOLE |  | 100711 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 1622521 | 3735 | SH |  | SOLE |  | 3735 | 0 | 0 |
| DTE ENERGY CO | COM | 233331107 |  | 16720872 | 61361 | SH |  | SOLE |  | 61361 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 2697235 | 16186 | SH |  | SOLE |  | 16186 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 1913489 | 83595 | SH |  | SOLE |  | 83595 | 0 | 0 |
| DYNATRACE INC | COM NEW | 268150109 |  | 5552931 | 32697 | SH |  | SOLE |  | 32697 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 705732 | 16682 | SH |  | SOLE |  | 16682 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 11269724 | 91773 | SH |  | SOLE |  | 91773 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 3806931 | 49415 | SH |  | SOLE |  | 49415 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 555836 | 11270 | SH |  | SOLE |  | 11270 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 580544 | 9265 | SH |  | SOLE |  | 9265 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 16898445 | 46026 | SH |  | SOLE |  | 46026 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 4931476 | 54091 | SH |  | SOLE |  | 54091 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 8221686 | 30126 | SH |  | SOLE |  | 30126 | 0 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 2508657 | 45422 | SH |  | SOLE |  | 45422 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 5347723 | 69280 | SH |  | SOLE |  | 69280 | 0 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 7745788 | 38336 | SH |  | SOLE |  | 38336 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 8505991 | 26607 | SH |  | SOLE |  | 26607 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 68462669 | 94235 | SH |  | SOLE |  | 94235 | 0 | 0 |
| EPAM SYS INC | COM | 29414B104 |  | 3385088 | 5284 | SH |  | SOLE |  | 5284 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 8584655 | 66419 | SH |  | SOLE |  | 66419 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 1637272 | 17510 | SH |  | SOLE |  | 17510 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 4929055 | 52689 | SH |  | SOLE |  | 52689 | 0 | 0 |
| EQUITABLE HLDGS INC | COM | 29452E101 |  | 7304160 | 64439 | SH |  | SOLE |  | 64439 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 |  | 694323 | 4494 | SH |  | SOLE |  | 4494 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 3948023 | 72494 | SH |  | SOLE |  | 72494 | 0 | 0 |
| ERIE INDTY CO | CL A | 29530P102 |  | 3738770 | 14628 | SH |  | SOLE |  | 14628 | 0 | 0 |
| ESSENTIAL UTILS INC | COM | 29670G102 |  | 9028084 | 11549 | SH |  | SOLE |  | 11549 | 0 | 0 |
| ESSEX PPTY TR INC | COM | 297178105 |  | 593718 | 11350 | SH |  | SOLE |  | 11350 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 403715 | 6784 | SH |  | SOLE |  | 6784 | 0 | 0 |
| EVERGY INC | COM | 30034W106 |  | 409586 | 10470 | SH |  | SOLE |  | 10470 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 2023538 | 7601 | SH |  | SOLE |  | 7601 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 2527994 | 28363 | SH |  | SOLE |  | 28363 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 8398 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 1718121 | 4973 | SH |  | SOLE |  | 4973 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 2038929 | 27164 | SH |  | SOLE |  | 27164 | 0 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 3079762 | 43666 | SH |  | SOLE |  | 43666 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 7287328 | 164611 | SH |  | SOLE |  | 164611 | 0 | 0 |
| F5 INC | COM | 315616102 |  | 2954257 | 27659 | SH |  | SOLE |  | 27659 | 0 | 0 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 3104339 | 14078 | SH |  | SOLE |  | 14078 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 1972262 | 16066 | SH |  | SOLE |  | 16066 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 3543605 | 25052 | SH |  | SOLE |  | 25052 | 0 | 0 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 57674817 | 504945 | SH |  | SOLE |  | 504945 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 2187634 | 6780 | SH |  | SOLE |  | 6780 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 1296969 | 4462 | SH |  | SOLE |  | 4462 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 4341402 | 2846 | SH |  | SOLE |  | 2846 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 9140547 | 187038 | SH |  | SOLE |  | 187038 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 632893 | 6334 | SH |  | SOLE |  | 6334 | 0 | 0 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 |  | 6153918 | 26012 | SH |  | SOLE |  | 26012 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 1657125 | 7365 | SH |  | SOLE |  | 7365 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 |  | 582945 | 9745 | SH |  | SOLE |  | 9745 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 4063362 | 61772 | SH |  | SOLE |  | 61772 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 618443 | 344 | SH |  | SOLE |  | 344 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 2784736 | 12458 | SH |  | SOLE |  | 12458 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 2833947 | 62408 | SH |  | SOLE |  | 62408 | 0 | 0 |
| FOX CORP | CL A COM | 35137L105 |  | 8422895 | 64568 | SH |  | SOLE |  | 64568 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 2425510 | 8199 | SH |  | SOLE |  | 8199 | 0 | 0 |
| FRANKLIN RESOURCES INC | COM | 354613101 |  | 1869232 | 6599 | SH |  | SOLE |  | 6599 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 5576826 | 461276 | SH |  | SOLE |  | 461276 | 0 | 0 |
| FUTU HLDGS LTD | SPON ADS CL A | 36118L106 |  | 9452611 | 111667 | SH |  | SOLE |  | 111667 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 1954394 | 39959 | SH |  | SOLE |  | 39959 | 0 | 0 |
| GAMING  LEISURE PPTYS INC | COM | 36467J108 |  | 1567849 | 24934 | SH |  | SOLE |  | 24934 | 0 | 0 |
| GARTNER INC | COM | 366651107 |  | 577612 | 24716 | SH |  | SOLE |  | 24716 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 6291357 | 169487 | SH |  | SOLE |  | 169487 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 399395 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 9247727 | 30250 | SH |  | SOLE |  | 30250 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 |  | 481120 | 10265 | SH |  | SOLE |  | 10265 | 0 | 0 |
| GENERAC HLDGS INC | COM | 368736104 |  | 4742411 | 19315 | SH |  | SOLE |  | 19315 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 2347053 | 8986 | SH |  | SOLE |  | 8986 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 36818559 | 125391 | SH |  | SOLE |  | 125391 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 5496587 | 75203 | SH |  | SOLE |  | 75203 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 19451259 | 32288 | SH |  | SOLE |  | 32288 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 1882866 | 65400 | SH |  | SOLE |  | 65400 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 784991 | 4734 | SH |  | SOLE |  | 4734 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 3148493 | 63401 | SH |  | SOLE |  | 63401 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 6889935 | 112728 | SH |  | SOLE |  | 112728 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 2284182 | 16407 | SH |  | SOLE |  | 16407 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 2476576 | 28684 | SH |  | SOLE |  | 28684 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 |  | 2483528 | 67068 | SH |  | SOLE |  | 67068 | 0 | 0 |
| GRINDR INC | COM | 39854F101 |  | 938046 | 6536 | SH |  | SOLE |  | 6536 | 0 | 0 |
| GUARDIAN PHARMACY SVCS INC | CL A | 40145W101 |  | 2336563 | 16493 | SH |  | SOLE |  | 16493 | 0 | 0 |
| H WORLD GROUP LTD | SPONSORED ADS | 44332N106 |  | 28855846 | 35885 | SH |  | SOLE |  | 35885 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 552955 | 90500 | SH |  | SOLE |  | 90500 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 527386 | 6242 | SH |  | SOLE |  | 6242 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 4982582 | 5256 | SH |  | SOLE |  | 5256 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 14330 | 911 | SH |  | SOLE |  | 911 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 17466 | 670 | SH |  | SOLE |  | 670 | 0 | 0 |
| HEICO CORP NEW | CL A | 422806208 |  | 253056 | 6355 | SH |  | SOLE |  | 6355 | 0 | 0 |
| HEICO CORP NEW | COM | 422806109 |  | 2522575 | 100903 | SH |  | SOLE |  | 100903 | 0 | 0 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 4403660 | 33298 | SH |  | SOLE |  | 33298 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 |  | 827135 | 10749 | SH |  | SOLE |  | 10749 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 8399458 | 19955 | SH |  | SOLE |  | 19955 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 1559162 | 82018 | SH |  | SOLE |  | 82018 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 709611 | 2825 | SH |  | SOLE |  | 2825 | 0 | 0 |
| HINGE HEALTH INC | CL A | 433313103 |  | 522830 | 1645 | SH |  | SOLE |  | 1645 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 1326063 | 8772 | SH |  | SOLE |  | 8772 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 549337 | 8317 | SH |  | SOLE |  | 8317 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 3247148 | 17637 | SH |  | SOLE |  | 17637 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 3738972 | 154887 | SH |  | SOLE |  | 154887 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 7305809 | 27855 | SH |  | SOLE |  | 27855 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 14967 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 1763963 | 26269 | SH |  | SOLE |  | 26269 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 47772964 | 117436 | SH |  | SOLE |  | 117436 | 0 | 0 |
| HUBSPOT INC | COM | 443573100 |  | 21718869 | 103779 | SH |  | SOLE |  | 103779 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 264992 | 41600 | SH |  | SOLE |  | 41600 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 857743 | 34811 | SH |  | SOLE |  | 34811 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 899248 | 51592 | SH |  | SOLE |  | 51592 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 8991452 | 46850 | SH |  | SOLE |  | 46850 | 0 | 0 |
| HYATT HOTELS CORP | COM CL A | 448579102 |  | 2981213 | 110867 | SH |  | SOLE |  | 110867 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 2678469 | 6281 | SH |  | SOLE |  | 6281 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 972695 | 1871 | SH |  | SOLE |  | 1871 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 3627328 | 14212 | SH |  | SOLE |  | 14212 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 1221557 | 9062 | SH |  | SOLE |  | 9062 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 2996119 | 172687 | SH |  | SOLE |  | 172687 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 948165 | 3392 | SH |  | SOLE |  | 3392 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 228136 | 1580 | SH |  | SOLE |  | 1580 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 1495553 | 9221 | SH |  | SOLE |  | 9221 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 8232591 | 13056 | SH |  | SOLE |  | 13056 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 8311622 | 31799 | SH |  | SOLE |  | 31799 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 543135 | 5912 | SH |  | SOLE |  | 5912 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 1625788 | 19380 | SH |  | SOLE |  | 19380 | 0 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 3653002 | 44252 | SH |  | SOLE |  | 44252 | 0 | 0 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 |  | 57424 | 29600 | SH |  | SOLE |  | 29600 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 2580630 | 8308 | SH |  | SOLE |  | 8308 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 29947190 | 868538 | SH |  | SOLE |  | 868538 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 11357971 | 67611 | SH |  | SOLE |  | 67611 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 30742185 | 109872 | SH |  | SOLE |  | 109872 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 1864034 | 30578 | SH |  | SOLE |  | 30578 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 2826178 | 61332 | SH |  | SOLE |  | 61332 | 0 | 0 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 800563 | 29552 | SH |  | SOLE |  | 29552 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 31586164 | 45468 | SH |  | SOLE |  | 45468 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 827609 | 35983 | SH |  | SOLE |  | 35983 | 0 | 0 |
| KANZHUN LIMITED | SPONSORED ADS | 48553T106 |  | 1953027 | 67253 | SH |  | SOLE |  | 67253 | 0 | 0 |
| KELLANOVA | COM | 487836108 |  | 3646568 | 20178 | SH |  | SOLE |  | 20178 | 0 | 0 |
| KENVUE INC | COM | 49177J102 |  | 3497197 | 34850 | SH |  | SOLE |  | 34850 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 2717198 | 12667 | SH |  | SOLE |  | 12667 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 2097145 | 14126 | SH |  | SOLE |  | 14126 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 383656 | 6200 | SH |  | SOLE |  | 6200 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 192075 | 12771 | SH |  | SOLE |  | 12771 | 0 | 0 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 51613498 | 284184 | SH |  | SOLE |  | 284184 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 8369204 | 77378 | SH |  | SOLE |  | 77378 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 102808552 | 325663 | SH |  | SOLE |  | 325663 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 275677 | 11761 | SH |  | SOLE |  | 11761 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 2627637 | 32060 | SH |  | SOLE |  | 32060 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 3748314 | 229395 | SH |  | SOLE |  | 229395 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 5618623 | 218879 | SH |  | SOLE |  | 218879 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 3520183 | 20315 | SH |  | SOLE |  | 20315 | 0 | 0 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 4803733 | 39163 | SH |  | SOLE |  | 39163 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 1731584 | 79907 | SH |  | SOLE |  | 79907 | 0 | 0 |
| LEGEND BIOTECH CORP | SPONSORED ADS | 52490G102 |  | 6595117 | 232468 | SH |  | SOLE |  | 232468 | 0 | 0 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 10575238 | 78638 | SH |  | SOLE |  | 78638 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 27524786 | 25866 | SH |  | SOLE |  | 25866 | 0 | 0 |
| LENNOX INTL INC | COM | 526107107 |  | 3986943 | 155134 | SH |  | SOLE |  | 155134 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S C | 531229755 |  | 4818632 | 72537 | SH |  | SOLE |  | 72537 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 2779715 | 9831 | SH |  | SOLE |  | 9831 | 0 | 0 |
| LKQ CORP | COM | 501889208 |  | 32070381 | 244644 | SH |  | SOLE |  | 244644 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 625953 | 11244 | SH |  | SOLE |  | 11244 | 0 | 0 |
| LOEWS CORP | COM | 540424108 |  | 2106074 | 38119 | SH |  | SOLE |  | 38119 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 77131 | 2348 | SH |  | SOLE |  | 2348 | 0 | 0 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 2769115 | 14919 | SH |  | SOLE |  | 14919 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 3430123 | 26865 | SH |  | SOLE |  | 26865 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 825167 | 7913 | SH |  | SOLE |  | 7913 | 0 | 0 |
| MACOM TECH SOLUTIONS HLDGS I | COM | 55405Y100 |  | 36451485 | 76500 | SH |  | SOLE |  | 76500 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 3087666 | 18786 | SH |  | SOLE |  | 18786 | 0 | 0 |
| MARKEL GROUP INC | COM | 570535104 |  | 12030386 | 24453 | SH |  | SOLE |  | 24453 | 0 | 0 |
| MARKETAXESS HLDGS INC | COM | 57060D108 |  | 2031374 | 20381 | SH |  | SOLE |  | 20381 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 16757371 | 66151 | SH |  | SOLE |  | 66151 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 1017372 | 2987 | SH |  | SOLE |  | 2987 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 3228278 | 18024 | SH |  | SOLE |  | 18024 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 1490314 | 30365 | SH |  | SOLE |  | 30365 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 3689173 | 18604 | SH |  | SOLE |  | 18604 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 696711 | 5651 | SH |  | SOLE |  | 5651 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 7073705 | 36004 | SH |  | SOLE |  | 36004 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 23863 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 900860 | 474 | SH |  | SOLE |  | 474 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 48848 | 275 | SH |  | SOLE |  | 275 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 11627356 | 58070 | SH |  | SOLE |  | 58070 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 4422057 | 7118 | SH |  | SOLE |  | 7118 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 10814099 | 131255 | SH |  | SOLE |  | 131255 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 1764867 | 25198 | SH |  | SOLE |  | 25198 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 56008945 | 98583 | SH |  | SOLE |  | 98583 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 708647 | 19415 | SH |  | SOLE |  | 19415 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 1995182 | 29868 | SH |  | SOLE |  | 29868 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 25537209 | 84284 | SH |  | SOLE |  | 84284 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 11205610 | 14709 | SH |  | SOLE |  | 14709 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 14211458 | 151234 | SH |  | SOLE |  | 151234 | 0 | 0 |
| MODERNA INC | COM | 60770K107 |  | 9965219 | 3984 | SH |  | SOLE |  | 3984 | 0 | 0 |
| MOHAWK INDS INC | COM | 608190104 |  | 23260151 | 296006 | SH |  | SOLE |  | 296006 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 219850142 | 295736 | SH |  | SOLE |  | 295736 | 0 | 0 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 5448216 | 66385 | SH |  | SOLE |  | 66385 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 601685 | 16471 | SH |  | SOLE |  | 16471 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 8259968 | 128921 | SH |  | SOLE |  | 128921 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 35117869 | 214264 | SH |  | SOLE |  | 214264 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 514281462 | 999381 | SH |  | SOLE |  | 999381 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 1915312 | 13818 | SH |  | SOLE |  | 13818 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 707720 | 27940 | SH |  | SOLE |  | 27940 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 539471 | 4211 | SH |  | SOLE |  | 4211 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 1234301 | 6397 | SH |  | SOLE |  | 6397 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 928333 | 20287 | SH |  | SOLE |  | 20287 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 312231 | 1549 | SH |  | SOLE |  | 1549 | 0 | 0 |
| NATERA INC | COM | 632307104 |  | 13265973 | 211815 | SH |  | SOLE |  | 211815 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 967484 | 3052 | SH |  | SOLE |  | 3052 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 8266565 | 9324 | SH |  | SOLE |  | 9324 | 0 | 0 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 |  | 8620162 | 128736 | SH |  | SOLE |  | 128736 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 8893246 | 18496 | SH |  | SOLE |  | 18496 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 |  | 22989796 | 142652 | SH |  | SOLE |  | 142652 | 0 | 0 |
| NEWS CORP NEW | CL B | 65249B208 |  | 888597 | 25608 | SH |  | SOLE |  | 25608 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 8936899 | 19677 | SH |  | SOLE |  | 19677 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 5195194 | 9132 | SH |  | SOLE |  | 9132 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 4671202 | 52657 | SH |  | SOLE |  | 52657 | 0 | 0 |
| NORDSON CORP | COM | 655663102 |  | 790171 | 4845 | SH |  | SOLE |  | 4845 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 2801690 | 23629 | SH |  | SOLE |  | 23629 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 83588529 | 69287 | SH |  | SOLE |  | 69287 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 518437 | 3696 | SH |  | SOLE |  | 3696 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 1379314 | 44451 | SH |  | SOLE |  | 44451 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 18522383 | 243044 | SH |  | SOLE |  | 243044 | 0 | 0 |
| NUTANIX INC | CL A | 67059N108 |  | 9784363 | 140681 | SH |  | SOLE |  | 140681 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2401222 | 55571 | SH |  | SOLE |  | 55571 | 0 | 0 |
| NVR INC | COM | 62944T105 |  | 1468453 | 6459 | SH |  | SOLE |  | 6459 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 3038994 | 22696 | SH |  | SOLE |  | 22696 | 0 | 0 |
| OKTA INC | CL A | 679295105 |  | 9516907 | 16022 | SH |  | SOLE |  | 16022 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 902508 | 36465 | SH |  | SOLE |  | 36465 | 0 | 0 |
| OMADA HEALTH INC | COM | 68170A108 |  | 691241 | 2222 | SH |  | SOLE |  | 2222 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 3787774 | 22909 | SH |  | SOLE |  | 22909 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 1722950 | 108022 | SH |  | SOLE |  | 108022 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 3692939 | 27138 | SH |  | SOLE |  | 27138 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 731567 | 9512 | SH |  | SOLE |  | 9512 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 616372028 | 3389453 | SH |  | SOLE |  | 3389453 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 2719967 | 336 | SH |  | SOLE |  | 336 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 13002681 | 57506 | SH |  | SOLE |  | 57506 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 4115003 | 85551 | SH |  | SOLE |  | 85551 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 585967 | 6243 | SH |  | SOLE |  | 6243 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 4439516 | 31477 | SH |  | SOLE |  | 31477 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 6696 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 1809386 | 22866 | SH |  | SOLE |  | 22866 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 4878022 | 98031 | SH |  | SOLE |  | 98031 | 0 | 0 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 5419780 | 74142 | SH |  | SOLE |  | 74142 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 55700044 | 196987 | SH |  | SOLE |  | 196987 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 14900299 | 138543 | SH |  | SOLE |  | 138543 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 448147 | 3177 | SH |  | SOLE |  | 3177 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 8545762 | 85586 | SH |  | SOLE |  | 85586 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 2286406 | 10572 | SH |  | SOLE |  | 10572 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 66237581 | 370332 | SH |  | SOLE |  | 370332 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 22205941 | 108874 | SH |  | SOLE |  | 108874 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 485784 | 24912 | SH |  | SOLE |  | 24912 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 11365342 | 15082 | SH |  | SOLE |  | 15082 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 6997044 | 54439 | SH |  | SOLE |  | 54439 | 0 | 0 |
| POOL CORP | COM | 73278L105 |  | 1305529 | 5984 | SH |  | SOLE |  | 5984 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 10769113 | 154551 | SH |  | SOLE |  | 154551 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 6878860 | 52643 | SH |  | SOLE |  | 52643 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 2123946 | 19372 | SH |  | SOLE |  | 19372 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 31320986 | 223450 | SH |  | SOLE |  | 223450 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 16032661 | 672229 | SH |  | SOLE |  | 672229 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 3906804 | 259416 | SH |  | SOLE |  | 259416 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 29946152 | 183730 | SH |  | SOLE |  | 183730 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 6579147 | 47824 | SH |  | SOLE |  | 47824 | 0 | 0 |
| PTC INC | COM | 69370C100 |  | 844595 | 9636 | SH |  | SOLE |  | 9636 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 739504 | 22194 | SH |  | SOLE |  | 22194 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 2805 | 250 | SH |  | SOLE |  | 250 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 9395915 | 46549 | SH |  | SOLE |  | 46549 | 0 | 0 |
| PURE STORAGE INC | CL A | 74624M102 |  | 1238625 | 3984 | SH |  | SOLE |  | 3984 | 0 | 0 |
| QORVO INC | COM | 74736K101 |  | 2776189 | 26689 | SH |  | SOLE |  | 26689 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 3236305 | 87279 | SH |  | SOLE |  | 87279 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 2687068 | 25957 | SH |  | SOLE |  | 25957 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 2039483 | 24730 | SH |  | SOLE |  | 24730 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 42460717 | 276563 | SH |  | SOLE |  | 276563 | 0 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 16911013 | 69194 | SH |  | SOLE |  | 69194 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 12513621 | 109538 | SH |  | SOLE |  | 109538 | 0 | 0 |
| REDDIT INC | CL A | 75734B100 |  | 4321716 | 41623 | SH |  | SOLE |  | 41623 | 0 | 0 |
| REGENCY CTRS CORP | COM | 758849103 |  | 2883520 | 14146 | SH |  | SOLE |  | 14146 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 4891554 | 58906 | SH |  | SOLE |  | 58906 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 5377622 | 18638 | SH |  | SOLE |  | 18638 | 0 | 0 |
| RELIANCE INC | COM | 759509102 |  | 3116141 | 23405 | SH |  | SOLE |  | 23405 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 961507 | 11597 | SH |  | SOLE |  | 11597 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 95557 | 3212 | SH |  | SOLE |  | 3212 | 0 | 0 |
| REVVITY INC | COM | 714046109 |  | 636024 | 7031 | SH |  | SOLE |  | 7031 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 32980821 | 199521 | SH |  | SOLE |  | 199521 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 7183153 | 17558 | SH |  | SOLE |  | 17558 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 |  | 2491366 | 13193 | SH |  | SOLE |  | 13193 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 963574 | 3122 | SH |  | SOLE |  | 3122 | 0 | 0 |
| ROLLINS INC | COM | 775711104 |  | 849078 | 8165 | SH |  | SOLE |  | 8165 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 3789187 | 21477 | SH |  | SOLE |  | 21477 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 6509125 | 107500 | SH |  | SOLE |  | 107500 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 9458731 | 16868 | SH |  | SOLE |  | 16868 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 2797631 | 105571 | SH |  | SOLE |  | 105571 | 0 | 0 |
| RUBRIK INC. | CL A | 781154109 |  | 544676 | 1964 | SH |  | SOLE |  | 1964 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 5622048 | 24544 | SH |  | SOLE |  | 24544 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 4686454 | 17290 | SH |  | SOLE |  | 17290 | 0 | 0 |
| SAMSARA INC | COM CL A | 79589L106 |  | 1159181 | 13767 | SH |  | SOLE |  | 13767 | 0 | 0 |
| SBA COMMUNICATIONS CORP NEW | CL A | 78410G104 |  | 448045 | 29380 | SH |  | SOLE |  | 29380 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 12258862 | 89664 | SH |  | SOLE |  | 89664 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2997816 | 21177 | SH |  | SOLE |  | 21177 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 757472 | 16113 | SH |  | SOLE |  | 16113 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 1962819 | 33541 | SH |  | SOLE |  | 33541 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 8785836 | 17538 | SH |  | SOLE |  | 17538 | 0 | 0 |
| SERVICETITAN INC | SHS CL A | 81764X103 |  | 8096112 | 53313 | SH |  | SOLE |  | 53313 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 9807154 | 30017 | SH |  | SOLE |  | 30017 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 499281 | 14164 | SH |  | SOLE |  | 14164 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 561275 | 4796 | SH |  | SOLE |  | 4796 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 25836849 | 157898 | SH |  | SOLE |  | 157898 | 0 | 0 |
| SMITH A O CORP | COM | 831865209 |  | 44586 | 535 | SH |  | SOLE |  | 535 | 0 | 0 |
| SMITHFIELD FOODS INC | COM | 832248207 |  | 18149116 | 36938 | SH |  | SOLE |  | 36938 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 27709780 | 113055 | SH |  | SOLE |  | 113055 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 2485959 | 12677 | SH |  | SOLE |  | 12677 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 6194035 | 176418 | SH |  | SOLE |  | 176418 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 19615671 | 202453 | SH |  | SOLE |  | 202453 | 0 | 0 |
| SOLVENTUM CORP | COM SHS | 83444M101 |  | 2649170 | 14600 | SH |  | SOLE |  | 14600 | 0 | 0 |
| SOUTH BOW CORP | COM | 83671M105 |  | 5748206 | 25086 | SH |  | SOLE |  | 25086 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 6907169 | 77003 | SH |  | SOLE |  | 77003 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 23069642 | 24520 | SH |  | SOLE |  | 24520 | 0 | 0 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 9784 | 95 | SH |  | SOLE |  | 95 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 7161543 | 38534 | SH |  | SOLE |  | 38534 | 0 | 0 |
| STANDARDAERO INC | COM | 85423L103 |  | 1787853 | 23240 | SH |  | SOLE |  | 23240 | 0 | 0 |
| STANLEY BLACK  DECKER INC | COM | 854502101 |  | 670682 | 9219 | SH |  | SOLE |  | 9219 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 33915 | 1450 | SH |  | SOLE |  | 1450 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 1353243 | 12593 | SH |  | SOLE |  | 12593 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 2601191 | 61625 | SH |  | SOLE |  | 61625 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 2123055 | 6162 | SH |  | SOLE |  | 6162 | 0 | 0 |
| SUN CMNTYS INC | COM | 866674104 |  | 2666734 | 11839 | SH |  | SOLE |  | 11839 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 1137401 | 41285 | SH |  | SOLE |  | 41285 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 1294147 | 17922 | SH |  | SOLE |  | 17922 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 8667 | 310 | SH |  | SOLE |  | 310 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 12190175 | 129807 | SH |  | SOLE |  | 129807 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 344622 | 2846 | SH |  | SOLE |  | 2846 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 1388205 | 42375 | SH |  | SOLE |  | 42375 | 0 | 0 |
| TAL EDUCATION GROUP | SPONSORED ADS | 874080104 |  | 19992 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 4279032 | 5874 | SH |  | SOLE |  | 5874 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 730602 | 8291 | SH |  | SOLE |  | 8291 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 15611 | 590 | SH |  | SOLE |  | 590 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 15866608 | 185271 | SH |  | SOLE |  | 185271 | 0 | 0 |
| TENCENT MUSIC ENTMT GROUP | SPON ADS | 88034P109 |  | 3932682 | 33541 | SH |  | SOLE |  | 33541 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 2282076 | 16432 | SH |  | SOLE |  | 16432 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 2851444 | 11621 | SH |  | SOLE |  | 11621 | 0 | 0 |
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADS | 881624209 |  | 7056221 | 21617 | SH |  | SOLE |  | 21617 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 15020087 | 40608 | SH |  | SOLE |  | 40608 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 615467 | 4767 | SH |  | SOLE |  | 4767 | 0 | 0 |
| TEXTRON INC | COM | 883203101 |  | 2753644 | 59397 | SH |  | SOLE |  | 59397 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 3243456 | 44237 | SH |  | SOLE |  | 44237 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 14533063 | 30176 | SH |  | SOLE |  | 30176 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 4634762 | 56632 | SH |  | SOLE |  | 56632 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 4485343 | 16416 | SH |  | SOLE |  | 16416 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 7569255 | 29117 | SH |  | SOLE |  | 29117 | 0 | 0 |
| TKO GROUP HOLDINGS INC | CL A | 87256C101 |  | 149428 | 13259 | SH |  | SOLE |  | 13259 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 2736343 | 24550 | SH |  | SOLE |  | 24550 | 0 | 0 |
| TOAST INC | CL A | 888787108 |  | 4305876 | 25465 | SH |  | SOLE |  | 25465 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 4764041 | 53631 | SH |  | SOLE |  | 53631 | 0 | 0 |
| TRADEWEB MKTS INC | CL A | 892672106 |  | 7604224 | 34917 | SH |  | SOLE |  | 34917 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 433214 | 18256 | SH |  | SOLE |  | 18256 | 0 | 0 |
| TRANSUNION | COM | 89400J107 |  | 4192842 | 31213 | SH |  | SOLE |  | 31213 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 177860173 | 401300 | SH |  | SOLE |  | 401300 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 |  | 838664 | 43726 | SH |  | SOLE |  | 43726 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 30577972 | 166883 | SH |  | SOLE |  | 166883 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 2106424 | 2288 | SH |  | SOLE |  | 2288 | 0 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 1774881 | 21122 | SH |  | SOLE |  | 21122 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 490092 | 15876 | SH |  | SOLE |  | 15876 | 0 | 0 |
| U HAUL HOLDING COMPANY | COM SER N | 023586506 |  | 9033459 | 31515 | SH |  | SOLE |  | 31515 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 3607785 | 72679 | SH |  | SOLE |  | 72679 | 0 | 0 |
| UDR INC | COM | 902653104 |  | 20649953 | 44693 | SH |  | SOLE |  | 44693 | 0 | 0 |
| UL SOLUTIONS INC | CLASS A COM SHS | 903731107 |  | 3164987 | 20265 | SH |  | SOLE |  | 20265 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 18898857 | 131681 | SH |  | SOLE |  | 131681 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 1143072 | 5567 | SH |  | SOLE |  | 5567 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 25874580 | 108735 | SH |  | SOLE |  | 108735 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 621556 | 16740 | SH |  | SOLE |  | 16740 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 3546696 | 62563 | SH |  | SOLE |  | 62563 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 484348 | 4349 | SH |  | SOLE |  | 4349 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 10891563 | 26284 | SH |  | SOLE |  | 26284 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 8567332 | 6645 | SH |  | SOLE |  | 6645 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 672890 | 7895 | SH |  | SOLE |  | 7895 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 7362365 | 26627 | SH |  | SOLE |  | 26627 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 2303778 | 28112 | SH |  | SOLE |  | 28112 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 7023418 | 152949 | SH |  | SOLE |  | 152949 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 594661 | 5702 | SH |  | SOLE |  | 5702 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 2727122 | 5153 | SH |  | SOLE |  | 5153 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 1820988 | 33747 | SH |  | SOLE |  | 33747 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 187195 | 3625 | SH |  | SOLE |  | 3625 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 24141941 | 242462 | SH |  | SOLE |  | 242462 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 1332942 | 36084 | SH |  | SOLE |  | 36084 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 26664 | 380 | SH |  | SOLE |  | 380 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 2937985 | 5306 | SH |  | SOLE |  | 5306 | 0 | 0 |
| VIPSHOP HLDGS LTD | SPONSORED ADS A | 92763W103 |  | 2877427 | 29171 | SH |  | SOLE |  | 29171 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 7385976 | 87408 | SH |  | SOLE |  | 87408 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 7191497 | 7619 | SH |  | SOLE |  | 7619 | 0 | 0 |
| VITESSE ENERGY INC | COMMON STOCK | 92852X103 |  | 678896 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 36919072 | 106956 | SH |  | SOLE |  | 106956 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 1344354 | 6686 | SH |  | SOLE |  | 6686 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 9060700 | 184950 | SH |  | SOLE |  | 184950 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 6328382 | 36763 | SH |  | SOLE |  | 36763 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 1698814 | 5798 | SH |  | SOLE |  | 5798 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 3704137 | 53528 | SH |  | SOLE |  | 53528 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 3096182 | 29465 | SH |  | SOLE |  | 29465 | 0 | 0 |
| WATSCO INC | COM | 942622200 |  | 2825757 | 9939 | SH |  | SOLE |  | 9939 | 0 | 0 |
| WAYSTAR HLDG CORP | COM | 946784105 |  | 5667208 | 22780 | SH |  | SOLE |  | 22780 | 0 | 0 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 21524270 | 497671 | SH |  | SOLE |  | 497671 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 16526725 | 41807 | SH |  | SOLE |  | 41807 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 1937837 | 13522 | SH |  | SOLE |  | 13522 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 904943 | 94069 | SH |  | SOLE |  | 94069 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 4086540 | 125508 | SH |  | SOLE |  | 125508 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 19802 | 325 | SH |  | SOLE |  | 325 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 199337 | 10442 | SH |  | SOLE |  | 10442 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 68359574 | 200963 | SH |  | SOLE |  | 200963 | 0 | 0 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 7595353 | 38372 | SH |  | SOLE |  | 38372 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 53403995 | 518083 | SH |  | SOLE |  | 518083 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 |  | 24384437 | 212445 | SH |  | SOLE |  | 212445 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 7524644 | 398868 | SH |  | SOLE |  | 398868 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 1682169 | 9651 | SH |  | SOLE |  | 9651 | 0 | 0 |
| XPO INC | COM | 983793100 |  | 9859428 | 44932 | SH |  | SOLE |  | 44932 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 2033535 | 7026 | SH |  | SOLE |  | 7026 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 520639 | 1303 | SH |  | SOLE |  | 1303 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 21931 | 585 | SH |  | SOLE |  | 585 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 4327681 | 37889 | SH |  | SOLE |  | 37889 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 32061356 | 378752 | SH |  | SOLE |  | 378752 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 13812318 | 78390 | SH |  | SOLE |  | 78390 | 0 | 0 |
| ZOOM COMMUNICATIONS INC | CL A | 98980L101 |  | 2269730 | 8719 | SH |  | SOLE |  | 8719 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 4788908 | 41022 | SH |  | SOLE |  | 41022 | 0 | 0 |
| PITNEY BOWES INC | COM | 724479100 |  | 3987954 | 20184 | SH |  | SOLE |  | 20184 | 0 | 0 |
| FIGMA INC | CLASS A COM STK | 316841105 |  | 2120657 | 85304 | SH |  | SOLE |  | 85304 | 0 | 0 |
| CARIS LIFE SCIENCES INC | COM | 142152107 |  | 2787165 | 14518 | SH |  | SOLE |  | 14518 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 383402 | 2122 | SH |  | SOLE |  | 2122 | 0 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 902113 | 6812 | SH |  | SOLE |  | 6812 | 0 | 0 |
| AFFIRM HLDGS INC | COM CL A | 00827B106 |  | 7673272 | 95856 | SH |  | SOLE |  | 95856 | 0 | 0 |
| ROCKET LAB CORP | COM | 773121108 |  | 217436 | 11426 | SH |  | SOLE |  | 11426 | 0 | 0 |
| QFIN HOLDINGS INC | AMERICAN DEP | 88557W101 |  | 5045383 | 32775 | SH |  | SOLE |  | 32775 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 1781816 | 6001 | SH |  | SOLE |  | 6001 | 0 | 0 |
| THOMSON REUTERS CORP | COM | 884903808 |  | 496368 | 6163 | SH |  | SOLE |  | 6163 | 0 | 0 |
| RAMBUS INC DEL | COM | 750917106 |  | 7494484 | 52387 | SH |  | SOLE |  | 52387 | 0 | 0 |
| ASTERA LABS INC | COM | 04626A103 |  | 3200878 | 10781 | SH |  | SOLE |  | 10781 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 7783490 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 11956744 | 316316 | SH |  | SOLE |  | 316316 | 0 | 0 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 2026454 | 16628 | SH |  | SOLE |  | 16628 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 21266038 | 323684 | SH |  | SOLE |  | 323684 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 69534400 | 104287 | SH |  | SOLE |  | 104287 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 727846 | 11165 | SH |  | SOLE |  | 11165 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 11921916 | 118910 | SH |  | SOLE |  | 118910 | 0 | 0 |
| ISHARES TR | CRE U S REIT ETF | 464288521 |  | 43228823 | 741871 | SH |  | SOLE |  | 741871 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 5236939 | 72574 | SH |  | SOLE |  | 72574 | 0 | 0 |
| ISHARES TR | MSCI EAFE MIN VL | 46429B689 |  | 2762725 | 32757 | SH |  | SOLE |  | 32757 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 7248012 | 77944 | SH |  | SOLE |  | 77944 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 3033053 | 57023 | SH |  | SOLE |  | 57023 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 9745077 | 102883 | SH |  | SOLE |  | 102883 | 0 | 0 |
| ISHARES INC | MSCI WORLD ETF | 464286392 |  | 180 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| ISHARES S GSCI COMMODITY- | UNIT BEN INT | 46428R107 |  | 2717540 | 118000 | SH |  | SOLE |  | 118000 | 0 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 7660202 | 28484 | SH |  | SOLE |  | 28484 | 0 | 0 |
| ISHARES TR | U.S. REAL ES ETF | 464287739 |  | 2661354 | 27536 | SH |  | SOLE |  | 27536 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 58196517 | 1013700 | SH |  | SOLE |  | 1013700 | 0 | 0 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 74621387 | 2245603 | SH |  | SOLE |  | 2245603 | 0 | 0 |
| SCHWAB STRATEGIC TR | US REIT ETF | 808524847 |  | 459030 | 21420 | SH |  | SOLE |  | 21420 | 0 | 0 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 336426 | 12488 | SH |  | SOLE |  | 12488 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 1127144121 | 41592034 | SH |  | SOLE |  | 41592034 | 0 | 0 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 |  | 18074 | 197 | SH |  | SOLE |  | 197 | 0 | 0 |
| SPDR SERIES TRUST | BLOOMBERG EMERGI | 78464A391 |  | 651666 | 30523 | SH |  | SOLE |  | 30523 | 0 | 0 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 |  | 158717 | 1612 | SH |  | SOLE |  | 1612 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 22945060 | 384275 | SH |  | SOLE |  | 384275 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 41459794 | 768628 | SH |  | SOLE |  | 768628 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 199321022 | 1418554 | SH |  | SOLE |  | 1418554 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 33304784 | 395967 | SH |  | SOLE |  | 395967 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | LG-TERM COR BD | 92206C813 |  | 6773841 | 87045 | SH |  | SOLE |  | 87045 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | LONG TERM TREAS | 92206C847 |  | 753959 | 13232 | SH |  | SOLE |  | 13232 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 5173187 | 56817 | SH |  | SOLE |  | 56817 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 528988201 | 867009 | SH |  | SOLE |  | 867009 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 16819452 | 210559 | SH |  | SOLE |  | 210559 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 1102285626 | 15070900 | SH |  | SOLE |  | 15070900 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 334279 | 4493 | SH |  | SOLE |  | 4493 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 15530622299 | 47479738 | SH |  | SOLE |  | 47479738 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 2130090225 | 15505097 | SH |  | SOLE |  | 15505097 | 0 | 0 |
| DBX ETF TR | XTRACK USD HIGH | 233051432 |  | 9090056 | 244883 | SH |  | SOLE |  | 244883 | 0 | 0 |

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