# EDGAR Filing Document

**Accession Number:** 0001535452
**File Stem:** 0001535452-25-000008
**Filing Date:** 2025-11
**Character Count:** 47152
**Document Hash:** 8ec493e98f3fe8a1d85ab428f41d4d0c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001535452-25-000008.hdr.sgml**: 20251112

**ACCESSION NUMBER**: 0001535452-25-000008

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251112

**DATE AS OF CHANGE**: 20251112

**EFFECTIVENESS DATE**: 20251112

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Andra AP-fonden
- **CENTRAL INDEX KEY:** 0001535452

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** V7
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14676
- **FILM NUMBER:** 251468772

**BUSINESS ADDRESS:**
- **STREET 1:** KYRKOGATAN 48
- **STREET 2:** P.O. BOX 11155
- **CITY:** GOTEBORG
- **STATE:** V7
- **ZIP:** SE-40424
- **BUSINESS PHONE:** 46-31-704-29-00

**MAIL ADDRESS:**
- **STREET 1:** KYRKOGATAN 48
- **STREET 2:** P.O. BOX 11155
- **CITY:** GOTEBORG
- **STATE:** V7
- **ZIP:** SE-40424

### 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:** Andra AP-fonden<br>**Address:** KYRKOGATAN 48<br>P.O. BOX 11155<br>GOTEBORG, V7 SE-40424

**Form 13F File Number:** 028-14676

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:** Elisabeth Kvist Paulsson<br>**Title:** Head of Compliance<br>**Phone:** 0046317042960

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

Elisabeth Kvist Paulsson  Gothenburg, V7  11-12-2025<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:** 404

**Form 13F Information Table Value Total:** $7825414664

      (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 |
| BLOCK H  R INC | COM | 093671105 | US0936711052 | 201370 | 3982 | SH |  | SOLE |  | 3982 | 0 | 0 |
| FABRINET | SHS | G3323L100 | KYG3323L1005 | 212209 | 582 | SH |  | SOLE |  | 582 | 0 | 0 |
| BRAZE INC | COM | 10576N102 | US10576N1028 | 241740 | 8500 | SH |  | SOLE |  | 8500 | 0 | 0 |
| DRAFTKINGS INC NEW | COM | 26142V105 | US26142V1052 | 242988 | 6497 | SH |  | SOLE |  | 6497 | 0 | 0 |
| FIRST AMERN FINL CORP | COM | 31847R102 | US31847R1023 | 244112 | 3800 | SH |  | SOLE |  | 3800 | 0 | 0 |
| ACADIA HEALTHCARE | COM | 00404A109 | US00404A1097 | 246461 | 9954 | SH |  | SOLE |  | 9954 | 0 | 0 |
| DXC TECHNOLOGY CO | COM | 23355L106 | US23355L1061 | 256953 | 18852 | SH |  | SOLE |  | 18852 | 0 | 0 |
| LABCORP HOLDINGS INC | COM | 504922105 | US5049221055 | 261512 | 911 | SH |  | SOLE |  | 911 | 0 | 0 |
| FERROVIAL SE ORD | SHS | N3168P101 | NL0015001FS8 | 278729 | 5714 | SH |  | SOLE |  | 5714 | 0 | 0 |
| DIGITALBRIDGE GROUP INC | CL A | 25401T603 | US25401T6038 | 282567 | 24151 | SH |  | SOLE |  | 24151 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COM | 36266G107 | US36266G1076 | 285380 | 3800 | SH |  | SOLE |  | 3800 | 0 | 0 |
| TARGET CORP | COM | 87612E106 | US87612E1064 | 297714 | 3319 | SH |  | SOLE |  | 3319 | 0 | 0 |
| TENET HEALTHCARE CORP | COM | 88033G407 | US88033G4073 | 324864 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| OMNI | COM | 681919106 | US6819191064 | 326120 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| KYNDRYL HLDGS INC | COM | 50155Q100 | US50155Q1004 | 384384 | 12800 | SH |  | SOLE |  | 12800 | 0 | 0 |
| PPG INDS INC | COM | 693506107 | US6935061076 | 433894 | 4128 | SH |  | SOLE |  | 4128 | 0 | 0 |
| HERSHEY CO | COM | 427866108 | US4278661081 | 448920 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| VEECO INSTRS INC DEL | COM | 922417100 | US9224171002 | 542841 | 17839 | SH |  | SOLE |  | 17839 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 | CA0636711016 | 544050 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 | US40171V1008 | 565226 | 2459 | SH |  | SOLE |  | 2459 | 0 | 0 |
| VIAVI SOLUTIONS INC | COM | 925550105 | US9255501051 | 596240 | 46985 | SH |  | SOLE |  | 46985 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM | 026874784 | US0268747849 | 651882 | 8300 | SH |  | SOLE |  | 8300 | 0 | 0 |
| DATADOG INC CL A | COM | 23804L103 | US23804L1035 | 667571 | 4688 | SH |  | SOLE |  | 4688 | 0 | 0 |
| BELDEN INC | COM | 077454106 | US0774541066 | 670505 | 5575 | SH |  | SOLE |  | 5575 | 0 | 0 |
| UDR INC | COM | 902653104 | US9026531049 | 696054 | 18681 | SH |  | SOLE |  | 18681 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 | US1491231015 | 763440 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 | US9892071054 | 772616 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| PORTLAND GEN ELEC CO | COM | 736508847 | US7365088472 | 1143868 | 25997 | SH |  | SOLE |  | 25997 | 0 | 0 |
| IDACORP INC | COM | 451107106 | US4511071064 | 1155123 | 8741 | SH |  | SOLE |  | 8741 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 | US1258961002 | 1170255 | 15974 | SH |  | SOLE |  | 15974 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 | US65339F1012 | 1174096 | 15553 | SH |  | SOLE |  | 15553 | 0 | 0 |
| ONTO INNOVATION INC | COM | 683344105 | US6833441057 | 1194380 | 9243 | SH |  | SOLE |  | 9243 | 0 | 0 |
| OGE ENERGY CORP | COM | 670837103 | US6708371033 | 1208896 | 26127 | SH |  | SOLE |  | 26127 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 | US8425871071 | 1211066 | 12779 | SH |  | SOLE |  | 12779 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 | US58155Q1031 | 1236064 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| EPLUS INC | COM | 294268107 | US2942681071 | 1259007 | 17730 | SH |  | SOLE |  | 17730 | 0 | 0 |
| AES CORP | COM | 00130H105 | US00130H1059 | 1263781 | 96032 | SH |  | SOLE |  | 96032 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 | US25746U1097 | 1277352 | 20882 | SH |  | SOLE |  | 20882 | 0 | 0 |
| RESMED INC | COM | 761152107 | US7611521078 | 1281330 | 4681 | SH |  | SOLE |  | 4681 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 | US0200021014 | 1287900 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| KULICKE  SOFFA INDS INC | COM | 501242101 | US5012421013 | 1314054 | 32334 | SH |  | SOLE |  | 32334 | 0 | 0 |
| ROBERT HALF INC. | COM | 770323103 | US7703231032 | 1332662 | 39219 | SH |  | SOLE |  | 39219 | 0 | 0 |
| EVERGY INC | COM | 30034W106 | US30034W1062 | 1334531 | 17555 | SH |  | SOLE |  | 17555 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 | US3379321074 | 1347566 | 29410 | SH |  | SOLE |  | 29410 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 | US2538681030 | 1353996 | 7832 | SH |  | SOLE |  | 7832 | 0 | 0 |
| ULTRA CLEAN HLDGS INC | COM | 90385V107 | US90385V1070 | 1365361 | 50105 | SH |  | SOLE |  | 50105 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 | US49338L1035 | 1396561 | 7984 | SH |  | SOLE |  | 7984 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 | US98389B1008 | 1415649 | 17553 | SH |  | SOLE |  | 17553 | 0 | 0 |
| LITTELFUSE INC | COM | 537008104 | US5370081045 | 1424555 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 | US5738741041 | 1441296 | 17144 | SH |  | SOLE |  | 17144 | 0 | 0 |
| QIAGEN NV | COM | N72482206 | NL0015002CX3 | 1454047 | 38574 | SH |  | SOLE |  | 38574 | 0 | 0 |
| TD SYNNEX CORPORATION | COM | 87162W100 | US87162W1009 | 1476861 | 9019 | SH |  | SOLE |  | 9019 | 0 | 0 |
| SENTINELONE INC | CL A | 81730H109 | US81730H1095 | 1477479 | 83900 | SH |  | SOLE |  | 83900 | 0 | 0 |
| KEMPER CORP | COM | 488401100 | US4884011002 | 1676561 | 32523 | SH |  | SOLE |  | 32523 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 | US8636671013 | 1708615 | 4622 | SH |  | SOLE |  | 4622 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 | US1713401024 | 1726311 | 19700 | SH |  | SOLE |  | 19700 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 | US1273871087 | 1726443 | 4915 | SH |  | SOLE |  | 4915 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 | US14149Y1082 | 1757952 | 11200 | SH |  | SOLE |  | 11200 | 0 | 0 |
| SANMINA CORPORATION | COM | 801056102 | US8010561020 | 1769586 | 15373 | SH |  | SOLE |  | 15373 | 0 | 0 |
| MKS INC. | COM | 55306N104 | US55306N1046 | 1806423 | 14595 | SH |  | SOLE |  | 14595 | 0 | 0 |
| ELASTIC N V ORD | SHS | N14506104 | NL0013056914 | 1848134 | 21874 | SH |  | SOLE |  | 21874 | 0 | 0 |
| DARLING INGREDIENTS INC | COM | 237266101 | US2372661015 | 1874056 | 60708 | SH |  | SOLE |  | 60708 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | US8740391003 | 1881018 | 6735 | SH |  | SOLE |  | 6735 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | US1011371077 | 1882111 | 19278 | SH |  | SOLE |  | 19278 | 0 | 0 |
| JABIL INC | COM | 466313103 | US4663131039 | 1888076 | 8694 | SH |  | SOLE |  | 8694 | 0 | 0 |
| DOUBLEVERIFY HLDGS INC | COM | 25862V105 | US25862V1052 | 1889486 | 157720 | SH |  | SOLE |  | 157720 | 0 | 0 |
| ADVANCED ENERGY INDS | COM | 007973100 | US0079731008 | 1897401 | 11152 | SH |  | SOLE |  | 11152 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 | US0079031078 | 1925786 | 11903 | SH |  | SOLE |  | 11903 | 0 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 | US1720621010 | 1944630 | 12300 | SH |  | SOLE |  | 12300 | 0 | 0 |
| AXCELIS TECHNOLOGIES INC | COM | 054540208 | US0545402085 | 1951824 | 19990 | SH |  | SOLE |  | 19990 | 0 | 0 |
| INTEL CORP | COM | 458140100 | US4581401001 | 1952979 | 58211 | SH |  | SOLE |  | 58211 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 | US92840M1027 | 1972523 | 10068 | SH |  | SOLE |  | 10068 | 0 | 0 |
| EPAM SYS INC | COM | 29414B104 | US29414B1044 | 1980325 | 13133 | SH |  | SOLE |  | 13133 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 | IE00B8KQN827 | 1983525 | 5300 | SH |  | SOLE |  | 5300 | 0 | 0 |
| PURE STORAGE INC | CL A | 74624M102 | US74624M1027 | 1984369 | 23677 | SH |  | SOLE |  | 23677 | 0 | 0 |
| SCIENCE APPLICATIONS INTL CO | COM | 808625107 | US8086251076 | 1987301 | 19999 | SH |  | SOLE |  | 19999 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 | US2567461080 | 1994793 | 21138 | SH |  | SOLE |  | 21138 | 0 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 | US9022521051 | 1995855 | 3815 | SH |  | SOLE |  | 3815 | 0 | 0 |
| GENPACT LIMITED | SHS | G3922B107 | BMG3922B1072 | 2006531 | 47900 | SH |  | SOLE |  | 47900 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 | US2566771059 | 2018736 | 19533 | SH |  | SOLE |  | 19533 | 0 | 0 |
| MARKEL GROUP INC | COM | 570535104 | US5705351048 | 2033687 | 1064 | SH |  | SOLE |  | 1064 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | US0530151036 | 2054500 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 | IE00BDVJJQ56 | 2076372 | 21050 | SH |  | SOLE |  | 21050 | 0 | 0 |
| ROKU INC | COM | 77543R102 | US77543R1023 | 2085408 | 20827 | SH |  | SOLE |  | 20827 | 0 | 0 |
| FORD MTR CO | COM | 345370860 | US3453708600 | 2094854 | 175155 | SH |  | SOLE |  | 175155 | 0 | 0 |
| CORNING INC | COM | 219350105 | US2193501051 | 2103085 | 25638 | SH |  | SOLE |  | 25638 | 0 | 0 |
| OKTA INC | CL A | 679295105 | US6792951054 | 2136610 | 23300 | SH |  | SOLE |  | 23300 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 | US60855R1005 | 2159306 | 11284 | SH |  | SOLE |  | 11284 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 | CH0044328745 | 2173325 | 7700 | SH |  | SOLE |  | 7700 | 0 | 0 |
| LEAR CORP | COM | 521865204 | US5218652049 | 2221268 | 22078 | SH |  | SOLE |  | 22078 | 0 | 0 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 | US02665T3068 | 2227750 | 67000 | SH |  | SOLE |  | 67000 | 0 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 | US30225T1025 | 2255040 | 16000 | SH |  | SOLE |  | 16000 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 | US0320951017 | 2336400 | 18880 | SH |  | SOLE |  | 18880 | 0 | 0 |
| MSCI INC | COM | 55354G100 | US55354G1004 | 2383122 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | US0605051046 | 2383458 | 46200 | SH |  | SOLE |  | 46200 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 | US80004C2008 | 2476815 | 22075 | SH |  | SOLE |  | 22075 | 0 | 0 |
| NEW YORK TIMES CO | CL A | 650111107 | US6501111073 | 2500057 | 43555 | SH |  | SOLE |  | 43555 | 0 | 0 |
| BILL HOLDINGS INC | COM | 090043100 | US0900431000 | 2534191 | 47842 | SH |  | SOLE |  | 47842 | 0 | 0 |
| CUMMINS INC | COM | 231021106 | US2310211063 | 2534220 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| GRAB HOLDINGS LIMITED CLASS A | ORD | G4124C109 | KYG4124C1096 | 2715622 | 451100 | SH |  | SOLE |  | 451100 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 | IE00BK9ZQ967 | 2742740 | 6500 | SH |  | SOLE |  | 6500 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 | US1746101054 | 2769636 | 52100 | SH |  | SOLE |  | 52100 | 0 | 0 |
| ALBERTSONS COS INC | COM | 013091103 | US0130911037 | 2770082 | 158200 | SH |  | SOLE |  | 158200 | 0 | 0 |
| COREBRIDGE FINL INC | COM | 21871X109 | US21871X1090 | 2794760 | 87200 | SH |  | SOLE |  | 87200 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 | US8962391004 | 2947565 | 36100 | SH |  | SOLE |  | 36100 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 | US55024U1097 | 3019247 | 18556 | SH |  | SOLE |  | 18556 | 0 | 0 |
| FACTSET RESH SYS INC | COM | 303075105 | US3030751057 | 3039945 | 10611 | SH |  | SOLE |  | 10611 | 0 | 0 |
| COUPANG INC | CL A | 22266T109 | US22266T1097 | 3111196 | 96621 | SH |  | SOLE |  | 96621 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 | US29444U7000 | 3193269 | 4077 | SH |  | SOLE |  | 4077 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 | US1255231003 | 3199575 | 11100 | SH |  | SOLE |  | 11100 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | US8835561023 | 3297166 | 6798 | SH |  | SOLE |  | 6798 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 | US1252691001 | 3309930 | 36900 | SH |  | SOLE |  | 36900 | 0 | 0 |
| PAN AMERN SILVER CORP | COM | 697900108 | CA6979001089 | 3586345 | 66500 | SH |  | SOLE |  | 66500 | 0 | 0 |
| LOGITECH INTL S A | SHS | H50430232 | CH0025751329 | 3612044 | 41623 | SH |  | SOLE |  | 41623 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | US7134481081 | 3707616 | 26400 | SH |  | SOLE |  | 26400 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 | US15135B1017 | 3744045 | 104934 | SH |  | SOLE |  | 104934 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 | US98138H1014 | 3782831 | 15714 | SH |  | SOLE |  | 15714 | 0 | 0 |
| BXP INC | COM | 101121101 | US1011211018 | 3783906 | 50900 | SH |  | SOLE |  | 50900 | 0 | 0 |
| NATERA INC | COM | 632307104 | US6323071042 | 3798892 | 23600 | SH |  | SOLE |  | 23600 | 0 | 0 |
| CREDO TECHNOLOGY GROUP HOLDI | ORD | G25457105 | KYG254571055 | 3866674 | 26555 | SH |  | SOLE |  | 26555 | 0 | 0 |
| COINBASE GLOBAL INC | COM | 19260Q107 | US19260Q1076 | 3881135 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | US43300A2033 | 3917544 | 15100 | SH |  | SOLE |  | 15100 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 | CH0114405324 | 3918099 | 15913 | SH |  | SOLE |  | 15913 | 0 | 0 |
| THE TRADE DESK INC | COM | 88339J105 | US88339J1051 | 3980102 | 81210 | SH |  | SOLE |  | 81210 | 0 | 0 |
| PAY | COM | 70432V102 | US70432V1026 | 4058730 | 19500 | SH |  | SOLE |  | 19500 | 0 | 0 |
| BLOCK INC | CL A | 852234103 | US8522341036 | 4133844 | 57200 | SH |  | SOLE |  | 57200 | 0 | 0 |
| CARVANA CO | CL A | 146869102 | US1468691027 | 4149640 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 | US2435371073 | 4206855 | 41500 | SH |  | SOLE |  | 41500 | 0 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 | US1331311027 | 4271200 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| KEYCORP | COM | 493267108 | US4932671088 | 4341687 | 232300 | SH |  | SOLE |  | 232300 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 | LR0008862868 | 4696440 | 14514 | SH |  | SOLE |  | 14514 | 0 | 0 |
| LENNOX INTL INC | COM | 526107107 | US5261071071 | 4971220 | 9391 | SH |  | SOLE |  | 9391 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 | US6934751057 | 5003157 | 24900 | SH |  | SOLE |  | 24900 | 0 | 0 |
| BLACKLINE INC | COM | 09239B109 | US09239B1098 | 5280583 | 99446 | SH |  | SOLE |  | 99446 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 | US3635761097 | 5296554 | 17100 | SH |  | SOLE |  | 17100 | 0 | 0 |
| DICKS SPORTING GOODS INC | COM | 253393102 | US2533931026 | 5354835 | 24097 | SH |  | SOLE |  | 24097 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | US22160K1051 | 5368654 | 5800 | SH |  | SOLE |  | 5800 | 0 | 0 |
| WATSCO INC | COM | 942622200 | US9426222009 | 5461284 | 13508 | SH |  | SOLE |  | 13508 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 | CA3759161035 | 5531520 | 68800 | SH |  | SOLE |  | 68800 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 | US3167731005 | 5591025 | 125500 | SH |  | SOLE |  | 125500 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 | US61174X1090 | 5620385 | 83500 | SH |  | SOLE |  | 83500 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 | US92936U1097 | 5621824 | 83200 | SH |  | SOLE |  | 83200 | 0 | 0 |
| DOXIMITY INC | CL A | 26622P107 | US26622P1075 | 5664224 | 77433 | SH |  | SOLE |  | 77433 | 0 | 0 |
| CONFLUENT INC CLASS A | COM | 20717M103 | US20717M1036 | 5760157 | 290917 | SH |  | SOLE |  | 290917 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 | US84265V1052 | 5842756 | 48144 | SH |  | SOLE |  | 48144 | 0 | 0 |
| COMMVAULT SYS INC | COM | 204166102 | US2041661024 | 5936565 | 31447 | SH |  | SOLE |  | 31447 | 0 | 0 |
| GITLAB INC CLASS A | COM | 37637K108 | US37637K1088 | 5990095 | 132877 | SH |  | SOLE |  | 132877 | 0 | 0 |
| AE | COM | 00766T100 | US00766T1007 | 6014667 | 46100 | SH |  | SOLE |  | 46100 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 | US8923561067 | 6147647 | 108100 | SH |  | SOLE |  | 108100 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 | US0255371017 | 6167925 | 54826 | SH |  | SOLE |  | 54826 | 0 | 0 |
| DEX | COM | 252131107 | US2521311074 | 6244512 | 92800 | SH |  | SOLE |  | 92800 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 | US28176E1082 | 6268262 | 80600 | SH |  | SOLE |  | 80600 | 0 | 0 |
| DOVER CORP | COM | 260003108 | US2600031080 | 6289491 | 37700 | SH |  | SOLE |  | 37700 | 0 | 0 |
| KIMCO RLTY CORP | COM | 49446R109 | US49446R1095 | 6349610 | 290600 | SH |  | SOLE |  | 290600 | 0 | 0 |
| MCCORMICK  CO INC | COM | 579780206 | US5797802064 | 6436742 | 96200 | SH |  | SOLE |  | 96200 | 0 | 0 |
| INFORMATICA INC | COM | 45674M101 | US45674M1018 | 6478992 | 260829 | SH |  | SOLE |  | 260829 | 0 | 0 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 | US31946M1036 | 6619892 | 3700 | SH |  | SOLE |  | 3700 | 0 | 0 |
| ROLLINS INC | COM | 775711104 | US7757111049 | 6678738 | 113700 | SH |  | SOLE |  | 113700 | 0 | 0 |
| HENRY JACK  ASSOC INC | COM | 426281101 | US4262811015 | 6711977 | 45068 | SH |  | SOLE |  | 45068 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 | US09857L1089 | 7019051 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 | US11133T1034 | 7026015 | 29500 | SH |  | SOLE |  | 29500 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 | US98980G1022 | 7182551 | 23969 | SH |  | SOLE |  | 23969 | 0 | 0 |
| SNAP ON INC | COM | 833034101 | US8330341012 | 7247675 | 20915 | SH |  | SOLE |  | 20915 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 | US31620M1062 | 7332528 | 111200 | SH |  | SOLE |  | 111200 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | US2546871060 | 7362350 | 64300 | SH |  | SOLE |  | 64300 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 | US4165151048 | 7376467 | 55300 | SH |  | SOLE |  | 55300 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 | US7010941042 | 7429870 | 9800 | SH |  | SOLE |  | 9800 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 | US09061G1013 | 7701552 | 142200 | SH |  | SOLE |  | 142200 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM | 45841N107 | US45841N1072 | 7721032 | 112208 | SH |  | SOLE |  | 112208 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 | US74144T1088 | 7728792 | 75300 | SH |  | SOLE |  | 75300 | 0 | 0 |
| HUBBELL INC | COM | 443510607 | US4435106079 | 7745580 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | US29476L1070 | 7767600 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| STANTEC INC | COM | 85472N109 | CA85472N1096 | 7819689 | 52100 | SH |  | SOLE |  | 52100 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 | US0162551016 | 7863816 | 62800 | SH |  | SOLE |  | 62800 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 | US7458671010 | 7980652 | 60400 | SH |  | SOLE |  | 60400 | 0 | 0 |
| SOLVENTUM CORP | COM | 83444M101 | US83444M1018 | 8038395 | 110115 | SH |  | SOLE |  | 110115 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 | US0844231029 | 8121720 | 106000 | SH |  | SOLE |  | 106000 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 | US8716071076 | 8191261 | 16602 | SH |  | SOLE |  | 16602 | 0 | 0 |
| AFFIRM HLDGS INC | COM | 00827B106 | US00827B1061 | 8301888 | 113600 | SH |  | SOLE |  | 113600 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 | US1423391002 | 8322688 | 25300 | SH |  | SOLE |  | 25300 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 | US98954M2008 | 8521268 | 110594 | SH |  | SOLE |  | 110594 | 0 | 0 |
| CLOUDFLARE INC CL A | COM | 18915M107 | US18915M1071 | 8540038 | 39797 | SH |  | SOLE |  | 39797 | 0 | 0 |
| SUN CMNTYS INC | COM | 866674104 | US8666741041 | 8720400 | 67600 | SH |  | SOLE |  | 67600 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 | US1890541097 | 8724338 | 70757 | SH |  | SOLE |  | 70757 | 0 | 0 |
| CREDICORP LTD | COM | G2519Y108 | BMG2519Y1084 | 8733984 | 32800 | SH |  | SOLE |  | 32800 | 0 | 0 |
| CROWN HLDGS INC | COM | 228368106 | US2283681060 | 8905598 | 92200 | SH |  | SOLE |  | 92200 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL ORD | SHS | G7997R103 | IE00BKVD2N49 | 9133397 | 38691 | SH |  | SOLE |  | 38691 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 | US02043Q1076 | 9439200 | 20700 | SH |  | SOLE |  | 20700 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 | US90138F1021 | 9468514 | 94600 | SH |  | SOLE |  | 94600 | 0 | 0 |
| NUTANIX INC | CL A | 67059N108 | US67059N1081 | 9613792 | 129235 | SH |  | SOLE |  | 129235 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 | US29472R1086 | 9712000 | 160000 | SH |  | SOLE |  | 160000 | 0 | 0 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 | CA33767E2024 | 9837436 | 37100 | SH |  | SOLE |  | 37100 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 | US5500211090 | 9981873 | 56100 | SH |  | SOLE |  | 56100 | 0 | 0 |
| CENCORA INC | COM | 03073E105 | US03073E1055 | 10063466 | 32200 | SH |  | SOLE |  | 32200 | 0 | 0 |
| RPM INTL INC | COM | 749685103 | US7496851038 | 10231984 | 86800 | SH |  | SOLE |  | 86800 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 | US5717481023 | 10300198 | 51110 | SH |  | SOLE |  | 51110 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 | US8085131055 | 10778849 | 112903 | SH |  | SOLE |  | 112903 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COM | 31488V107 | US31488V1070 | 10779840 | 48000 | SH |  | SOLE |  | 48000 | 0 | 0 |
| GAMING  LEISURE PPTYS INC | COM | 36467J108 | US36467J1088 | 11009282 | 236200 | SH |  | SOLE |  | 236200 | 0 | 0 |
| CINTAS CORP | COM | 172908105 | US1729081059 | 11145618 | 54300 | SH |  | SOLE |  | 54300 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | US45866F1049 | 11305008 | 67100 | SH |  | SOLE |  | 67100 | 0 | 0 |
| STERIS PLC | SHS | G8473T100 | IE00BFY8C754 | 11332752 | 45800 | SH |  | SOLE |  | 45800 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | US68389X1054 | 11566839 | 41128 | SH |  | SOLE |  | 41128 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 | US0533321024 | 11583648 | 2700 | SH |  | SOLE |  | 2700 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 | CA9628791027 | 11633778 | 74700 | SH |  | SOLE |  | 74700 | 0 | 0 |
| CORPAY INC | COM | 219948106 | US2199481068 | 11666430 | 40500 | SH |  | SOLE |  | 40500 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 | US22788C1053 | 11873081 | 24212 | SH |  | SOLE |  | 24212 | 0 | 0 |
| BURLINGTON STORES INC | COM | 122017106 | US1220171060 | 11910600 | 46800 | SH |  | SOLE |  | 46800 | 0 | 0 |
| VENTAS INC | COM | 92276F100 | US92276F1003 | 11926296 | 170400 | SH |  | SOLE |  | 170400 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 | US60937P1066 | 12219350 | 39369 | SH |  | SOLE |  | 39369 | 0 | 0 |
| REGENCY CTRS CORP | COM | 758849103 | US7588491032 | 12276360 | 168400 | SH |  | SOLE |  | 168400 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 | US1152361010 | 12408792 | 132304 | SH |  | SOLE |  | 132304 | 0 | 0 |
| CGI INC | CL A | 12532H104 | CA12532H1047 | 12495168 | 100800 | SH |  | SOLE |  | 100800 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 | US4461501045 | 12565652 | 727600 | SH |  | SOLE |  | 727600 | 0 | 0 |
| SHOPIFY INC | CL A | 82509L107 | CA82509L1076 | 12633036 | 61100 | SH |  | SOLE |  | 61100 | 0 | 0 |
| NVR INC | COM | 62944T105 | US62944T1051 | 12775109 | 1590 | SH |  | SOLE |  | 1590 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 | US46187W1071 | 12834808 | 437600 | SH |  | SOLE |  | 437600 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 | IE00BLS09M33 | 13147212 | 118700 | SH |  | SOLE |  | 118700 | 0 | 0 |
| AMETEK INC | COM | 031100100 | US0311001004 | 13160000 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 | NL0011585146 | 13179844 | 32021 | SH |  | SOLE |  | 32021 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 | US2910111044 | 13301652 | 101400 | SH |  | SOLE |  | 101400 | 0 | 0 |
| AMGEN INC | COM | 031162100 | US0311621009 | 13319840 | 47200 | SH |  | SOLE |  | 47200 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 | US31428X1063 | 13370427 | 56700 | SH |  | SOLE |  | 56700 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 | US6951561090 | 13489867 | 61900 | SH |  | SOLE |  | 61900 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 | US9139031002 | 13513484 | 66100 | SH |  | SOLE |  | 66100 | 0 | 0 |
| GRACO INC | COM | 384109104 | US3841091040 | 13517136 | 159100 | SH |  | SOLE |  | 159100 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 | US40412C1018 | 13595780 | 31900 | SH |  | SOLE |  | 31900 | 0 | 0 |
| NASDAQ INC | COM | 631103108 | US6311031081 | 13824735 | 156300 | SH |  | SOLE |  | 156300 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 | US42250P1030 | 13870345 | 724300 | SH |  | SOLE |  | 724300 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 | US92532F1003 | 14059876 | 35900 | SH |  | SOLE |  | 35900 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 | US7591EP1005 | 14223978 | 539400 | SH |  | SOLE |  | 539400 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 | US6516391066 | 14290545 | 169500 | SH |  | SOLE |  | 169500 | 0 | 0 |
| SNOWFLAKE INC | COM | 833445109 | US8334451098 | 14355130 | 63645 | SH |  | SOLE |  | 63645 | 0 | 0 |
| GARTNER INC | COM | 366651107 | US3666511072 | 14459427 | 55006 | SH |  | SOLE |  | 55006 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM | 46120E602 | US46120E6023 | 14490252 | 32400 | SH |  | SOLE |  | 32400 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 | US81762P1021 | 14826631 | 16111 | SH |  | SOLE |  | 16111 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 | US7710491033 | 15029420 | 108500 | SH |  | SOLE |  | 108500 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 | US22052L1044 | 15061201 | 222700 | SH |  | SOLE |  | 222700 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 | US4523271090 | 15261679 | 160700 | SH |  | SOLE |  | 160700 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 | US74460D1090 | 15655670 | 54200 | SH |  | SOLE |  | 54200 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 | CA3518581051 | 15674362 | 50600 | SH |  | SOLE |  | 50600 | 0 | 0 |
| RELIANCE INC | COM | 759509102 | US7595091023 | 15726480 | 56000 | SH |  | SOLE |  | 56000 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 | US0995021062 | 15764914 | 157728 | SH |  | SOLE |  | 157728 | 0 | 0 |
| C H ROBINSON WORLDWIDE INC | COM | 12541W209 | US12541W2098 | 16007160 | 120900 | SH |  | SOLE |  | 120900 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 | US03027X1000 | 16171996 | 84089 | SH |  | SOLE |  | 84089 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 | US3032501047 | 16761136 | 11200 | SH |  | SOLE |  | 11200 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 | US79466L3024 | 16861365 | 71145 | SH |  | SOLE |  | 71145 | 0 | 0 |
| VERALTO CORP | COM | 92338C103 | US92338C1036 | 16887024 | 158400 | SH |  | SOLE |  | 158400 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 | US00846U1016 | 17057715 | 132900 | SH |  | SOLE |  | 132900 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 | US0536111091 | 17060284 | 105200 | SH |  | SOLE |  | 105200 | 0 | 0 |
| VEEVA SYS INC CL A | COM | 922475108 | US9224751084 | 17100034 | 57400 | SH |  | SOLE |  | 57400 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 | US05464C1018 | 17203984 | 23973 | SH |  | SOLE |  | 23973 | 0 | 0 |
| HUBSPOT INC | COM | 443573100 | US4435731009 | 17348363 | 37085 | SH |  | SOLE |  | 37085 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 | US55261F1049 | 17568418 | 88900 | SH |  | SOLE |  | 88900 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 | US78467J1007 | 17805256 | 200600 | SH |  | SOLE |  | 200600 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 | US9256521090 | 17824626 | 546600 | SH |  | SOLE |  | 546600 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 | US7433151039 | 17977960 | 72800 | SH |  | SOLE |  | 72800 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | US91324P1021 | 18197310 | 52700 | SH |  | SOLE |  | 52700 | 0 | 0 |
| DEERE  CO | COM | 244199105 | US2441991054 | 18198948 | 39800 | SH |  | SOLE |  | 39800 | 0 | 0 |
| DYNATRACE INC | COM | 268150109 | US2681501092 | 18653492 | 385005 | SH |  | SOLE |  | 385005 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 | US7445731067 | 18891839 | 226358 | SH |  | SOLE |  | 226358 | 0 | 0 |
| COPART INC | COM | 217204106 | US2172041061 | 18936867 | 421100 | SH |  | SOLE |  | 421100 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 | US1941621039 | 18992545 | 237585 | SH |  | SOLE |  | 237585 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 | US45168D1046 | 19102811 | 29900 | SH |  | SOLE |  | 29900 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 | US2371941053 | 19226360 | 101000 | SH |  | SOLE |  | 101000 | 0 | 0 |
| VERTIV HOLDINGS CO | COM | 92537N108 | US92537N1081 | 19378269 | 128452 | SH |  | SOLE |  | 128452 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 | US65249B1098 | 19415845 | 632232 | SH |  | SOLE |  | 632232 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 | US8760301072 | 19847466 | 175300 | SH |  | SOLE |  | 175300 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 | US59522J1034 | 20051255 | 143500 | SH |  | SOLE |  | 143500 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 | US0494681010 | 20604973 | 129023 | SH |  | SOLE |  | 129023 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 | US7043261079 | 20687232 | 163200 | SH |  | SOLE |  | 163200 | 0 | 0 |
| REDDIT INC | CL A | 75734B100 | US75734B1008 | 20883092 | 90800 | SH |  | SOLE |  | 90800 | 0 | 0 |
| KELLANOVA | COM | 487836108 | US4878361082 | 21005322 | 256100 | SH |  | SOLE |  | 256100 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 | US20030N1019 | 21315988 | 678421 | SH |  | SOLE |  | 678421 | 0 | 0 |
| TOAST INC | CL A | 888787108 | US8887871080 | 21318189 | 583900 | SH |  | SOLE |  | 583900 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 | LU1778762911 | 21357404 | 30598 | SH |  | SOLE |  | 30598 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 | US92345Y1064 | 21579558 | 85800 | SH |  | SOLE |  | 85800 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 | US7739031091 | 21600954 | 61800 | SH |  | SOLE |  | 61800 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 | US8825081040 | 21643394 | 117800 | SH |  | SOLE |  | 117800 | 0 | 0 |
| NRG ENERGY INC | COM | 629377508 | US6293775085 | 21894506 | 135193 | SH |  | SOLE |  | 135193 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 | US46284V1017 | 21988458 | 215700 | SH |  | SOLE |  | 215700 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 | US2091151041 | 22617000 | 225000 | SH |  | SOLE |  | 225000 | 0 | 0 |
| MASCO CORP | COM | 574599106 | US5745991068 | 22743009 | 323100 | SH |  | SOLE |  | 323100 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | US9078181081 | 23025747 | 97414 | SH |  | SOLE |  | 97414 | 0 | 0 |
| INTUIT | COM | 461202103 | US4612021034 | 23317279 | 34144 | SH |  | SOLE |  | 34144 | 0 | 0 |
| ECOLAB INC | COM | 278865100 | US2788651006 | 23606732 | 86200 | SH |  | SOLE |  | 86200 | 0 | 0 |
| ESSEX PPTY TR INC | COM | 297178105 | US2971781057 | 23794974 | 88900 | SH |  | SOLE |  | 88900 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 | US42824C1099 | 24119394 | 982060 | SH |  | SOLE |  | 982060 | 0 | 0 |
| US BANCORP DEL | COM | 902973304 | US9029733048 | 24165000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 | US95040Q1040 | 24547692 | 137800 | SH |  | SOLE |  | 137800 | 0 | 0 |
| ALLEGION PLC ORD | SHS | G0176J109 | IE00BFRT3W74 | 24722590 | 139400 | SH |  | SOLE |  | 139400 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 | US25754A2015 | 24823325 | 57500 | SH |  | SOLE |  | 57500 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | US00287Y1091 | 24844242 | 107300 | SH |  | SOLE |  | 107300 | 0 | 0 |
| PFIZER INC | COM | 717081103 | US7170811035 | 25395916 | 996700 | SH |  | SOLE |  | 996700 | 0 | 0 |
| EBAY INC. | COM | 278642103 | US2786421030 | 25736849 | 282978 | SH |  | SOLE |  | 282978 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 | CA0084741085 | 25742277 | 109822 | SH |  | SOLE |  | 109822 | 0 | 0 |
| SEA LTD SPONS | ORD | 81141R100 | US81141R1005 | 25790739 | 144300 | SH |  | SOLE |  | 144300 | 0 | 0 |
| AT INC | COM | 00206R102 | US00206R1023 | 25828304 | 914600 | SH |  | SOLE |  | 914600 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 | US5926881054 | 26393615 | 21500 | SH |  | SOLE |  | 21500 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 | US68902V1070 | 26398950 | 288734 | SH |  | SOLE |  | 288734 | 0 | 0 |
| F5 INC | COM | 315616102 | US3156161024 | 26501580 | 82000 | SH |  | SOLE |  | 82000 | 0 | 0 |
| EDISON INTL | COM | 281020107 | US2810201077 | 26600736 | 481200 | SH |  | SOLE |  | 481200 | 0 | 0 |
| INSULET CORP | COM | 45784P101 | US45784P1012 | 26674272 | 86400 | SH |  | SOLE |  | 86400 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 | US8725901040 | 26690870 | 111500 | SH |  | SOLE |  | 111500 | 0 | 0 |
| ROBINHOOD MKTS INC | COM | 770700102 | US7707001027 | 26874886 | 187700 | SH |  | SOLE |  | 187700 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 | US9113121068 | 27187595 | 325483 | SH |  | SOLE |  | 325483 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 | US0258161092 | 27219848 | 81948 | SH |  | SOLE |  | 81948 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | US4370761029 | 27309806 | 67400 | SH |  | SOLE |  | 67400 | 0 | 0 |
| TRADEWEB MKTS INC | CL A | 892672106 | US8926721064 | 27911470 | 251500 | SH |  | SOLE |  | 251500 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 | US1266501006 | 27954612 | 370800 | SH |  | SOLE |  | 370800 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 | US12504L1098 | 28061436 | 178100 | SH |  | SOLE |  | 178100 | 0 | 0 |
| ALPHABET INC CAP STK | CL A | 02079K305 | US02079K3059 | 28149035 | 115792 | SH |  | SOLE |  | 115792 | 0 | 0 |
| EXPEDIA GROUP INC | COM | 30212P303 | US30212P3038 | 28450125 | 133100 | SH |  | SOLE |  | 133100 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 | US8243481061 | 28566450 | 82500 | SH |  | SOLE |  | 82500 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | US02079K1079 | 28690190 | 117800 | SH |  | SOLE |  | 117800 | 0 | 0 |
| ARISTA NETWORKS INC | COM | 040413205 | US0404132054 | 28697730 | 196951 | SH |  | SOLE |  | 196951 | 0 | 0 |
| CARNIVAL CORP | UNIT | 143658300 | PA1436583006 | 29456399 | 1018900 | SH |  | SOLE |  | 1018900 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 | US90353T1007 | 29665316 | 302800 | SH |  | SOLE |  | 302800 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | US38141G1040 | 30020006 | 37697 | SH |  | SOLE |  | 37697 | 0 | 0 |
| PG CORP | COM | 69331C108 | US69331C1080 | 30267355 | 2007119 | SH |  | SOLE |  | 2007119 | 0 | 0 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 | US12503M1080 | 30460050 | 124200 | SH |  | SOLE |  | 124200 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | IE00BTN1Y115 | 30584326 | 321129 | SH |  | SOLE |  | 321129 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 | US3021301094 | 30672018 | 250200 | SH |  | SOLE |  | 250200 | 0 | 0 |
| FISERV INC | COM | 337738108 | US3377381088 | 30774946 | 238695 | SH |  | SOLE |  | 238695 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 | US91307C1027 | 30937698 | 73800 | SH |  | SOLE |  | 73800 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 | US7607591002 | 31324020 | 136500 | SH |  | SOLE |  | 136500 | 0 | 0 |
| DAVITA INC | COM | 23918K108 | US23918K1088 | 31434916 | 236584 | SH |  | SOLE |  | 236584 | 0 | 0 |
| CITIGROUP INC | COM | 172967424 | US1729674242 | 31566500 | 311000 | SH |  | SOLE |  | 311000 | 0 | 0 |
| COCA COLA CO | COM | 191216100 | US1912161007 | 31674432 | 477600 | SH |  | SOLE |  | 477600 | 0 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 | US29084Q1004 | 31697552 | 48800 | SH |  | SOLE |  | 48800 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 | US5324571083 | 32656400 | 42800 | SH |  | SOLE |  | 42800 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 | US9497461015 | 32748474 | 390700 | SH |  | SOLE |  | 390700 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 | US9581021055 | 33094059 | 275646 | SH |  | SOLE |  | 275646 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | US30303M1027 | 33553088 | 45689 | SH |  | SOLE |  | 45689 | 0 | 0 |
| EXELON CORP | COM | 30161N101 | US30161N1019 | 33704838 | 748830 | SH |  | SOLE |  | 748830 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | US46625H1005 | 33971811 | 107700 | SH |  | SOLE |  | 107700 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 | US4943681035 | 34230802 | 275300 | SH |  | SOLE |  | 275300 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | US4592001014 | 34282440 | 121500 | SH |  | SOLE |  | 121500 | 0 | 0 |
| WABTEC | COM | 929740108 | US9297401088 | 34440746 | 171800 | SH |  | SOLE |  | 171800 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 | US92343E1029 | 34443024 | 123200 | SH |  | SOLE |  | 123200 | 0 | 0 |
| BEST BUY INC | COM | 086516101 | US0865161014 | 34747390 | 459500 | SH |  | SOLE |  | 459500 | 0 | 0 |
| WATERS CORP | COM | 941848103 | US9418481035 | 34819933 | 116140 | SH |  | SOLE |  | 116140 | 0 | 0 |
| AUTODESK INC | COM | 052769106 | US0527691069 | 34863965 | 109749 | SH |  | SOLE |  | 109749 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 | US21037T1097 | 34953815 | 106220 | SH |  | SOLE |  | 106220 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 | US2561631068 | 34956441 | 484900 | SH |  | SOLE |  | 484900 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 | US4523081093 | 35176524 | 134900 | SH |  | SOLE |  | 134900 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 | US64110L1061 | 35607924 | 29700 | SH |  | SOLE |  | 29700 | 0 | 0 |
| FORTINET INC | COM | 34959E109 | US34959E1091 | 36248570 | 431120 | SH |  | SOLE |  | 431120 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 | US3848021040 | 36403072 | 38200 | SH |  | SOLE |  | 38200 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 | US17275R1023 | 36603195 | 534978 | SH |  | SOLE |  | 534978 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 | US6821891057 | 36864156 | 747600 | SH |  | SOLE |  | 747600 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | US4781601046 | 37380672 | 201600 | SH |  | SOLE |  | 201600 | 0 | 0 |
| TE CONNECTIVITY PLC ORD | SHS | G87052109 | IE000IVNQZ81 | 38703139 | 176300 | SH |  | SOLE |  | 176300 | 0 | 0 |
| 3M CO | COM | 88579Y101 | US88579Y1010 | 38773585 | 249862 | SH |  | SOLE |  | 249862 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 | US45337C1027 | 39063486 | 460600 | SH |  | SOLE |  | 460600 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 | US98978V1035 | 39243024 | 268200 | SH |  | SOLE |  | 268200 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 | US12572Q1058 | 39258607 | 145300 | SH |  | SOLE |  | 145300 | 0 | 0 |
| ZOOM | COM | 98980L101 | US98980L1017 | 39344250 | 476900 | SH |  | SOLE |  | 476900 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 | US25809K1051 | 39547346 | 145400 | SH |  | SOLE |  | 145400 | 0 | 0 |
| HP INC | COM | 40434L105 | US40434L1052 | 41337863 | 1518100 | SH |  | SOLE |  | 1518100 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 | US6687711084 | 41438044 | 1459600 | SH |  | SOLE |  | 1459600 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 | US14040H1059 | 41714786 | 196231 | SH |  | SOLE |  | 196231 | 0 | 0 |
| WALMART INC | COM | 931142103 | US9311421039 | 42048480 | 408000 | SH |  | SOLE |  | 408000 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 | US0028241000 | 42714538 | 318908 | SH |  | SOLE |  | 318908 | 0 | 0 |
| CANADIAN IMPERIAL BANK OF CO | COM | 136069101 | CA1360691010 | 42715761 | 384100 | SH |  | SOLE |  | 384100 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 | US7782961038 | 42821590 | 281000 | SH |  | SOLE |  | 281000 | 0 | 0 |
| NU HLDGS LTD ORD SHS | CL A | G6683N103 | KYG6683N1034 | 43249414 | 2701400 | SH |  | SOLE |  | 2701400 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 | US6098391054 | 44300276 | 48119 | SH |  | SOLE |  | 48119 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 | US70450Y1038 | 45017378 | 671300 | SH |  | SOLE |  | 671300 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | US58933Y1055 | 45691492 | 544400 | SH |  | SOLE |  | 544400 | 0 | 0 |
| AMAZON | COM | 023135106 | US0231351067 | 45988497 | 209448 | SH |  | SOLE |  | 209448 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS | G1151C101 | IE00B4BNMY34 | 46823668 | 189877 | SH |  | SOLE |  | 189877 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 | US1924461023 | 47582744 | 709449 | SH |  | SOLE |  | 709449 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | US69608A1088 | 48062927 | 263474 | SH |  | SOLE |  | 263474 | 0 | 0 |
| FASTENAL CO | COM | 311900104 | US3119001044 | 48299496 | 984900 | SH |  | SOLE |  | 984900 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 | US8725401090 | 48348630 | 334500 | SH |  | SOLE |  | 334500 | 0 | 0 |
| ADOBE INC | COM | 00724F101 | US00724F1012 | 50379402 | 142819 | SH |  | SOLE |  | 142819 | 0 | 0 |
| GODADDY INC | CL A | 380237107 | US3802371076 | 52024134 | 380210 | SH |  | SOLE |  | 380210 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | US1101221083 | 53078190 | 1176900 | SH |  | SOLE |  | 1176900 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 | CA4969024047 | 53295220 | 1543000 | SH |  | SOLE |  | 1543000 | 0 | 0 |
| DELL TECHNOLOGIES IN | CL C | 24703L202 | US24703L2025 | 53533770 | 377610 | SH |  | SOLE |  | 377610 | 0 | 0 |
| TERADYNE INC | COM | 880770102 | US8807701029 | 53765487 | 390624 | SH |  | SOLE |  | 390624 | 0 | 0 |
| BROAD | COM | 11135F101 | US11135F1012 | 53860117 | 163257 | SH |  | SOLE |  | 163257 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 | US2855121099 | 53954750 | 267500 | SH |  | SOLE |  | 267500 | 0 | 0 |
| VERIZON | COM | 92343V104 | US92343V1044 | 55631910 | 1265800 | SH |  | SOLE |  | 1265800 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 | US72352L1061 | 57132505 | 1775956 | SH |  | SOLE |  | 1775956 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 | US5951121038 | 57194996 | 341830 | SH |  | SOLE |  | 341830 | 0 | 0 |
| VISA INC | COM | 92826C839 | US92826C8394 | 58867909 | 172441 | SH |  | SOLE |  | 172441 | 0 | 0 |
| FOX CORP CL A | COM | 35137L105 | US35137L1052 | 59560170 | 944500 | SH |  | SOLE |  | 944500 | 0 | 0 |
| FOX CORP CL B | COM | 35137L204 | US35137L2043 | 63643461 | 1110900 | SH |  | SOLE |  | 1110900 | 0 | 0 |
| LOWES COS INC | COM | 548661107 | US5486611073 | 63757347 | 253700 | SH |  | SOLE |  | 253700 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | US5949181045 | 64063164 | 123686 | SH |  | SOLE |  | 123686 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | US57636Q1040 | 66209484 | 116400 | SH |  | SOLE |  | 116400 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 | US3755581036 | 66322500 | 597500 | SH |  | SOLE |  | 597500 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 | NL0009538784 | 68250681 | 299700 | SH |  | SOLE |  | 299700 | 0 | 0 |
| NETAPP INC | COM | 64110D104 | US64110D1046 | 100058897 | 844664 | SH |  | SOLE |  | 844664 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 | US0382221051 | 105038376 | 513033 | SH |  | SOLE |  | 513033 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 | US90384S3031 | 125096400 | 228800 | SH |  | SOLE |  | 228800 | 0 | 0 |
| LAM RESEARCH CORP | COM | 512807306 | US5128073062 | 169717580 | 1267495 | SH |  | SOLE |  | 1267495 | 0 | 0 |
| APPLOVIN CORP | COM | 03831W108 | US03831W1080 | 180784664 | 251600 | SH |  | SOLE |  | 251600 | 0 | 0 |
| KLA CORP | COM | 482480100 | US4824801009 | 181995414 | 168733 | SH |  | SOLE |  | 168733 | 0 | 0 |
| APPLE INC | COM | 037833100 | US0378331005 | 197007231 | 773700 | SH |  | SOLE |  | 773700 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | US67066G1040 | 205163368 | 1099600 | SH |  | SOLE |  | 1099600 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 | US7475251036 | 245700578 | 1476921 | SH |  | SOLE |  | 1476921 | 0 | 0 |

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