# EDGAR Filing Document

**Accession Number:** 0001992724
**File Stem:** 0001172661-26-000815
**Filing Date:** 2026-2
**Character Count:** 18648
**Document Hash:** 65dd2b11d48cf0ac0e4bc04e4730c120
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-26-000815.hdr.sgml**: 20260217

**ACCESSION NUMBER**: 0001172661-26-000815

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260217

**DATE AS OF CHANGE**: 20260217

**EFFECTIVENESS DATE**: 20260217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Delta Global Management LP
- **CENTRAL INDEX KEY:** 0001992724

**ORGANIZATION NAME:**
- **EIN:** 922349379
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23803
- **FILM NUMBER:** 26636023

**BUSINESS ADDRESS:**
- **STREET 1:** 41 MADISON AVE - 4TH FL
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** 212 680 4581

**MAIL ADDRESS:**
- **STREET 1:** 41 MADISON AVE - 4TH FL
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010

### 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:** Delta Global Management LP<br>**Address:** 41 Madison Ave - 4th Fl<br>New York, NY 10010

**Form 13F File Number:** 028-23803

**CRD Number (if applicable):** 000327142

**SEC File Number (if applicable):** 801-128345

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Brian Falahee<br>**Title:** Chief Operating Officer<br>**Phone:** 2126804581

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

/s/ Brian Falahee  New York, NY  02-17-2026<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:** 156

**Form 13F Information Table Value Total:** $2160465897

      (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 |
| ABERCROMBIE  FITCH CO | CL A | 002896207 |  | 25569861 | 203145 | SH |  | SOLE |  | 0 | 0 | 203145 |
| ADOBE INC | COM | 00724F101 |  | 13883753 | 39669 | SH |  | SOLE |  | 0 | 0 | 39669 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 32195744 | 150335 | SH |  | SOLE |  | 0 | 0 | 150335 |
| AEVA TECHNOLOGIES INC | COM NEW | 00835Q202 |  | 21555405 | 1623148 | SH |  | SOLE |  | 0 | 0 | 1623148 |
| AFLAC INC | COM | 001055102 |  | 2445237 | 22175 | SH |  | SOLE |  | 0 | 0 | 22175 |
| AIRBNB INC | COM CL A | 009066101 |  | 1568109 | 11554 | SH |  | SOLE |  | 0 | 0 | 11554 |
| ALASKA AIR GROUP INC | COM | 011659109 |  | 2199921 | 43736 | SH |  | SOLE |  | 0 | 0 | 43736 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 33470029 | 106933 | SH |  | SOLE |  | 0 | 0 | 106933 |
| AMAZON COM INC | COM | 023135106 |  | 16705136 | 72373 | SH |  | SOLE |  | 0 | 0 | 72373 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 2303317 | 19975 | SH |  | SOLE |  | 0 | 0 | 19975 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 2237815 | 12746 | SH |  | SOLE |  | 0 | 0 | 12746 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 2119740 | 4323 | SH |  | SOLE |  | 0 | 0 | 4323 |
| AMETEK INC | COM | 031100100 |  | 2461051 | 11987 | SH |  | SOLE |  | 0 | 0 | 11987 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 2289867 | 66450 | SH |  | SOLE |  | 0 | 0 | 66450 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 5855496 | 8690 | SH |  | SOLE |  | 0 | 0 | 8690 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 726786 | 7577 | SH |  | SOLE |  | 0 | 0 | 7577 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 3962215 | 24437 | SH |  | SOLE |  | 0 | 0 | 24437 |
| BANK AMERICA CORP | COM | 060505104 |  | 19957300 | 362860 | SH |  | SOLE |  | 0 | 0 | 362860 |
| BROADCOM INC | COM | 11135F101 |  | 19434553 | 56153 | SH |  | SOLE |  | 0 | 0 | 56153 |
| BROWN  BROWN INC | COM | 115236101 |  | 2090372 | 26228 | SH |  | SOLE |  | 0 | 0 | 26228 |
| BULLISH | ORD SHS | G16910120 |  | 889945 | 23500 | SH |  | SOLE |  | 0 | 0 | 23500 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 54642243 | 225459 | SH |  | SOLE |  | 0 | 0 | 225459 |
| CBRE GROUP INC | CL A | 12504L109 |  | 38356937 | 238553 | SH |  | SOLE |  | 0 | 0 | 238553 |
| CDW CORP | COM | 12514G108 |  | 2314310 | 16992 | SH |  | SOLE |  | 0 | 0 | 16992 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 1853624 | 48347 | SH |  | SOLE |  | 0 | 0 | 48347 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 2308381 | 11875 | SH |  | SOLE |  | 0 | 0 | 11875 |
| CHEWY INC | CL A | 16679L109 |  | 1277812 | 38663 | SH |  | SOLE |  | 0 | 0 | 38663 |
| CHIME FINL INC | COM SHS CL A | 16935C109 |  | 18358570 | 729383 | SH |  | SOLE |  | 0 | 0 | 729383 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 21988101 | 594273 | SH |  | SOLE |  | 0 | 0 | 594273 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 2422846 | 28895 | SH |  | SOLE |  | 0 | 0 | 28895 |
| CINEMARK HLDGS INC | COM | 17243V102 |  | 2159647 | 92928 | SH |  | SOLE |  | 0 | 0 | 92928 |
| CITIGROUP INC | COM NEW | 172967424 |  | 68670548 | 588487 | SH |  | SOLE |  | 0 | 0 | 588487 |
| CLOROX CO DEL | COM | 189054109 |  | 539844 | 5354 | SH |  | SOLE |  | 0 | 0 | 5354 |
| CME GROUP INC | COM | 12572Q105 |  | 2021338 | 7402 | SH |  | SOLE |  | 0 | 0 | 7402 |
| CMS ENERGY CORP | COM | 125896100 |  | 935454 | 13377 | SH |  | SOLE |  | 0 | 0 | 13377 |
| COCA COLA CO | COM | 191216100 |  | 1373662 | 19649 | SH |  | SOLE |  | 0 | 0 | 19649 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 738700 | 8900 | SH |  | SOLE |  | 0 | 0 | 8900 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 1174790 | 14867 | SH |  | SOLE |  | 0 | 0 | 14867 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 999934 | 7248 | SH |  | SOLE |  | 0 | 0 | 7248 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 5311170 | 74168 | SH |  | SOLE |  | 0 | 0 | 74168 |
| COSTAR GROUP INC | COM | 22160N109 |  | 2140989 | 31841 | SH |  | SOLE |  | 0 | 0 | 31841 |
| COTERRA ENERGY INC | COM | 127097103 |  | 2449734 | 93075 | SH |  | SOLE |  | 0 | 0 | 93075 |
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | G25457105 |  | 2210870 | 15365 | SH |  | SOLE |  | 0 | 0 | 15365 |
| CROCS INC | COM | 227046109 |  | 2359582 | 27591 | SH |  | SOLE |  | 0 | 0 | 27591 |
| DATADOG INC | CL A COM | 23804L103 |  | 2686346 | 19754 | SH |  | SOLE |  | 0 | 0 | 19754 |
| DAVE INC | CLASS A COM NEW | 23834J201 |  | 542897 | 2452 | SH |  | SOLE |  | 0 | 0 | 2452 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 21239495 | 204876 | SH |  | SOLE |  | 0 | 0 | 204876 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 2090596 | 13513 | SH |  | SOLE |  | 0 | 0 | 13513 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 2304989 | 39341 | SH |  | SOLE |  | 0 | 0 | 39341 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 2279589 | 5469 | SH |  | SOLE |  | 0 | 0 | 5469 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 2097239 | 17893 | SH |  | SOLE |  | 0 | 0 | 17893 |
| EATON CORP PLC | SHS | G29183103 |  | 2385958 | 7491 | SH |  | SOLE |  | 0 | 0 | 7491 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 1890419 | 22175 | SH |  | SOLE |  | 0 | 0 | 22175 |
| EQT CORP | COM | 26884L109 |  | 2157025 | 40243 | SH |  | SOLE |  | 0 | 0 | 40243 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 487902 | 4421 | SH |  | SOLE |  | 0 | 0 | 4421 |
| FAIR ISAAC CORP | COM | 303250104 |  | 26847046 | 15880 | SH |  | SOLE |  | 0 | 0 | 15880 |
| FASTENAL CO | COM | 311900104 |  | 570488 | 14216 | SH |  | SOLE |  | 0 | 0 | 14216 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 2426911 | 51846 | SH |  | SOLE |  | 0 | 0 | 51846 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 |  | 2457376 | 1145 | SH |  | SOLE |  | 0 | 0 | 1145 |
| FIRST SOLAR INC | COM | 336433107 |  | 4566300 | 17480 | SH |  | SOLE |  | 0 | 0 | 17480 |
| FIVE BELOW INC | COM | 33829M101 |  | 12713735 | 67497 | SH |  | SOLE |  | 0 | 0 | 67497 |
| FORTIVE CORP | COM | 34959J108 |  | 1649730 | 29881 | SH |  | SOLE |  | 0 | 0 | 29881 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 1713190 | 6620 | SH |  | SOLE |  | 0 | 0 | 6620 |
| GITLAB INC | CLASS A COM | 37637K108 |  | 3116979 | 83053 | SH |  | SOLE |  | 0 | 0 | 83053 |
| GODADDY INC | CL A | 380237107 |  | 2434946 | 19624 | SH |  | SOLE |  | 0 | 0 | 19624 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 2425524 | 13292 | SH |  | SOLE |  | 0 | 0 | 13292 |
| HENRY SCHEIN INC | COM | 806407102 |  | 2435566 | 32225 | SH |  | SOLE |  | 0 | 0 | 32225 |
| HF SINCLAIR CORP | COM | 403949100 |  | 495498 | 10753 | SH |  | SOLE |  | 0 | 0 | 10753 |
| HONEYWELL INTL INC | COM | 438516106 |  | 2439991 | 12507 | SH |  | SOLE |  | 0 | 0 | 12507 |
| HP INC | COM | 40434L105 |  | 1104420 | 49570 | SH |  | SOLE |  | 0 | 0 | 49570 |
| HUBBELL INC | COM | 443510607 |  | 2433279 | 5479 | SH |  | SOLE |  | 0 | 0 | 5479 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 27763054 | 1600176 | SH |  | SOLE |  | 0 | 0 | 1600176 |
| HUT 8 CORP | COM | 44812J104 |  | 11666831 | 253958 | SH |  | SOLE |  | 0 | 0 | 253958 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 35605124 | 219839 | SH |  | SOLE |  | 0 | 0 | 219839 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 821084289 | 1336596 | SH |  | SOLE |  | 0 | 0 | 1336596 |
| INVITATION HOMES INC | COM | 46187W107 |  | 2430625 | 87464 | SH |  | SOLE |  | 0 | 0 | 87464 |
| JONES LANG LASALLE INC | COM | 48020Q107 |  | 9632463 | 28628 | SH |  | SOLE |  | 0 | 0 | 28628 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1936542 | 6010 | SH |  | SOLE |  | 0 | 0 | 6010 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 11810622 | 58126 | SH |  | SOLE |  | 0 | 0 | 58126 |
| KKR  CO INC | COM | 48251W104 |  | 13528178 | 106120 | SH |  | SOLE |  | 0 | 0 | 106120 |
| KLARNA GROUP PLC | SHS | G5279N105 |  | 2308377 | 79847 | SH |  | SOLE |  | 0 | 0 | 79847 |
| KLAVIYO INC | COM SER A | 49845K101 |  | 25498951 | 785308 | SH |  | SOLE |  | 0 | 0 | 785308 |
| LINDE PLC | SHS | G54950103 |  | 2218507 | 5203 | SH |  | SOLE |  | 0 | 0 | 5203 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 2425605 | 5015 | SH |  | SOLE |  | 0 | 0 | 5015 |
| MACYS INC | COM | 55616P104 |  | 2388853 | 108338 | SH |  | SOLE |  | 0 | 0 | 108338 |
| MAPLEBEAR INC | COM | 565394103 |  | 8639983 | 192085 | SH |  | SOLE |  | 0 | 0 | 192085 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 2285538 | 7367 | SH |  | SOLE |  | 0 | 0 | 7367 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 2255367 | 12157 | SH |  | SOLE |  | 0 | 0 | 12157 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 2420279 | 3887 | SH |  | SOLE |  | 0 | 0 | 3887 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 2451359 | 4294 | SH |  | SOLE |  | 0 | 0 | 4294 |
| MCDONALDS CORP | COM | 580135101 |  | 816949 | 2673 | SH |  | SOLE |  | 0 | 0 | 2673 |
| META PLATFORMS INC | CL A | 30303M102 |  | 13296853 | 20144 | SH |  | SOLE |  | 0 | 0 | 20144 |
| MIAMI INTL HLDGS INC | COM | 59356Q108 |  | 12383307 | 279029 | SH |  | SOLE |  | 0 | 0 | 279029 |
| MICROSOFT CORP | COM | 594918104 |  | 17224610 | 35616 | SH |  | SOLE |  | 0 | 0 | 35616 |
| MKS INC. | COM | 55306N104 |  | 52316922 | 327390 | SH |  | SOLE |  | 0 | 0 | 327390 |
| MODINE MFG CO | COM | 607828100 |  | 1238973 | 9280 | SH |  | SOLE |  | 0 | 0 | 9280 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 2360328 | 50564 | SH |  | SOLE |  | 0 | 0 | 50564 |
| MONGODB INC | CL A | 60937P106 |  | 27572374 | 65697 | SH |  | SOLE |  | 0 | 0 | 65697 |
| MOSAIC CO NEW | COM | 61945C103 |  | 826383 | 34304 | SH |  | SOLE |  | 0 | 0 | 34304 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 2532595 | 6607 | SH |  | SOLE |  | 0 | 0 | 6607 |
| MSCI INC | COM | 55354G100 |  | 2465318 | 4297 | SH |  | SOLE |  | 0 | 0 | 4297 |
| MURPHY USA INC | COM | 626755102 |  | 2457437 | 6090 | SH |  | SOLE |  | 0 | 0 | 6090 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 2438218 | 4276 | SH |  | SOLE |  | 0 | 0 | 4276 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 43212983 | 231705 | SH |  | SOLE |  | 0 | 0 | 231705 |
| NVR INC | COM | 62944T105 |  | 2413907 | 331 | SH |  | SOLE |  | 0 | 0 | 331 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 1355323 | 6244 | SH |  | SOLE |  | 0 | 0 | 6244 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 2435538 | 59230 | SH |  | SOLE |  | 0 | 0 | 59230 |
| OKLO INC | COM CL A | 02156V109 |  | 2206405 | 30747 | SH |  | SOLE |  | 0 | 0 | 30747 |
| OMNICOM GROUP INC | COM | 681919106 |  | 385501 | 4774 | SH |  | SOLE |  | 0 | 0 | 4774 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 2328489 | 26657 | SH |  | SOLE |  | 0 | 0 | 26657 |
| PENUMBRA INC | COM | 70975L107 |  | 418174 | 1345 | SH |  | SOLE |  | 0 | 0 | 1345 |
| PEPSICO INC | COM | 713448108 |  | 21298368 | 148400 | SH |  | SOLE |  | 0 | 0 | 148400 |
| PINNACLE FINL PARTNERS INC | COM | 72346Q104 |  | 606903 | 6361 | SH |  | SOLE |  | 0 | 0 | 6361 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 14505065 | 69492 | SH |  | SOLE |  | 0 | 0 | 69492 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1285491 | 8970 | SH |  | SOLE |  | 0 | 0 | 8970 |
| PROGRESSIVE CORP | COM | 743315103 |  | 2234389 | 9812 | SH |  | SOLE |  | 0 | 0 | 9812 |
| QORVO INC | COM | 74736K101 |  | 15641702 | 185087 | SH |  | SOLE |  | 0 | 0 | 185087 |
| QUANTA SVCS INC | COM | 74762E102 |  | 2346654 | 5560 | SH |  | SOLE |  | 0 | 0 | 5560 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 3841291 | 303180 | SH |  | SOLE |  | 0 | 0 | 303180 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 15644506 | 808084 | SH |  | SOLE |  | 0 | 0 | 808084 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 2460679 | 5528 | SH |  | SOLE |  | 0 | 0 | 5528 |
| ROSS STORES INC | COM | 778296103 |  | 513939 | 2853 | SH |  | SOLE |  | 0 | 0 | 2853 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 9054022 | 32461 | SH |  | SOLE |  | 0 | 0 | 32461 |
| ROYAL GOLD INC | COM | 780287108 |  | 2294700 | 10323 | SH |  | SOLE |  | 0 | 0 | 10323 |
| ROYALTY PHARMA PLC | SHS CLASS A | G7709Q104 |  | 1712293 | 44314 | SH |  | SOLE |  | 0 | 0 | 44314 |
| SANDISK CORP | COM | 80004C200 |  | 24907571 | 104927 | SH |  | SOLE |  | 0 | 0 | 104927 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 57250029 | 573016 | SH |  | SOLE |  | 0 | 0 | 573016 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 20136517 | 73120 | SH |  | SOLE |  | 0 | 0 | 73120 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 2263026 | 6984 | SH |  | SOLE |  | 0 | 0 | 6984 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 27542622 | 125559 | SH |  | SOLE |  | 0 | 0 | 125559 |
| SOUTHERN CO | COM | 842587107 |  | 2367218 | 27147 | SH |  | SOLE |  | 0 | 0 | 27147 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 2446157 | 59186 | SH |  | SOLE |  | 0 | 0 | 59186 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 34666645 | 59697 | SH |  | SOLE |  | 0 | 0 | 59697 |
| STERLING INFRASTRUCTURE INC | COM | 859241101 |  | 2438203 | 7962 | SH |  | SOLE |  | 0 | 0 | 7962 |
| SUN CMNTYS INC | COM | 866674104 |  | 2403234 | 19395 | SH |  | SOLE |  | 0 | 0 | 19395 |
| SYSCO CORP | COM | 871829107 |  | 1142342 | 15502 | SH |  | SOLE |  | 0 | 0 | 15502 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 337192 | 1317 | SH |  | SOLE |  | 0 | 0 | 1317 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 2453547 | 4804 | SH |  | SOLE |  | 0 | 0 | 4804 |
| TESLA INC | COM | 88160R101 |  | 1074831 | 2390 | SH |  | SOLE |  | 0 | 0 | 2390 |
| TEXTRON INC | COM | 883203101 |  | 2397960 | 27509 | SH |  | SOLE |  | 0 | 0 | 27509 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 2063021 | 74023 | SH |  | SOLE |  | 0 | 0 | 74023 |
| T-MOBILE US INC | COM | 872590104 |  | 2193441 | 10803 | SH |  | SOLE |  | 0 | 0 | 10803 |
| TOAST INC | CL A | 888787108 |  | 40547875 | 1141872 | SH |  | SOLE |  | 0 | 0 | 1141872 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 2283047 | 5866 | SH |  | SOLE |  | 0 | 0 | 5866 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 720779 | 542 | SH |  | SOLE |  | 0 | 0 | 542 |
| UNION PAC CORP | COM | 907818108 |  | 2442739 | 10560 | SH |  | SOLE |  | 0 | 0 | 10560 |
| UWM HOLDINGS CORPORATION | COM CL A | 91823B109 |  | 5177156 | 1181999 | SH |  | SOLE |  | 0 | 0 | 1181999 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 2127739 | 9512 | SH |  | SOLE |  | 0 | 0 | 9512 |
| VISA INC | COM CL A | 92826C839 |  | 2468648 | 7039 | SH |  | SOLE |  | 0 | 0 | 7039 |
| VULCAN MATLS CO | COM | 929160109 |  | 2371319 | 8314 | SH |  | SOLE |  | 0 | 0 | 8314 |
| WALMART INC | COM | 931142103 |  | 68420000 | 614128 | SH |  | SOLE |  | 0 | 0 | 614128 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 1263469 | 7205 | SH |  | SOLE |  | 0 | 0 | 7205 |
| WATSCO INC | COM | 942622200 |  | 2418290 | 7177 | SH |  | SOLE |  | 0 | 0 | 7177 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 2497820 | 23685 | SH |  | SOLE |  | 0 | 0 | 23685 |
| WORKDAY INC | CL A | 98138H101 |  | 2204287 | 10263 | SH |  | SOLE |  | 0 | 0 | 10263 |
| WW GRAINGER INC | COM | 384802104 |  | 2437865 | 2416 | SH |  | SOLE |  | 0 | 0 | 2416 |

---