# EDGAR Filing Document

**Accession Number:** 0001047112
**File Stem:** 0001145549-25-054389
**Filing Date:** 2025-8
**Character Count:** 44152
**Document Hash:** fd60d671329d4c37d7be153827a22d7b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-054389.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001145549-25-054389

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MARSICO INVESTMENT FUND
- **CENTRAL INDEX KEY:** 0001047112

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08397
- **FILM NUMBER:** 251262341

**BUSINESS ADDRESS:**
- **STREET 1:** 1200 17TH ST
- **STREET 2:** STE 1700
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 3034545600

**MAIL ADDRESS:**
- **STREET 1:** 1200 17TH STREET SUITE 1700
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

## Series and Classes Contracts Data

### MARSICO FOCUS FUND (Series ID: S000007710)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000020960 | INVESTOR CLASS      | MFOCX           |
| C000232236 | INSTITUTIONAL CLASS | MIFOX           |

## Nport-Ex

**Marsico Focus Fund**

**SCHEDULE OF INVESTMENTS**

**As of June 30, 2025**

**(Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  | Number<br> of<br> Shares | Value | Percent<br> of Net<br> Assets |
| **COMMON STOCKS** |  |  |  |
| **Aerospace & Defense** |  |  |  |
| General Electric Co. DBA GE Aerospace | 239644 | $61681969 | 5.71% |
| The Boeing Company\* | 220560 | 46213937 | 4.28 |
|  |  | 107895906 | 9.99 |
| **Application Software** |  |  |  |
| Synopsys, Inc.\* | 64479 | 33057094 | 3.06 |
| **Broadline Retail** |  |  |  |
| Amazon.com, Inc.\* | 322395 | 70730239 | 6.55 |
| **Consumer Staples Merchandise Retail** |  |  |  |
| Costco Wholesale Corp. | 43148 | 42713931 | 3.95 |
| **Heavy Electrical Equipment** |  |  |  |
| GE Vernova, Inc. | 91633 | 48487602 | 4.49 |
| **Hotels, Resorts & Cruise Lines** |  |  |  |
| Booking Holdings, Inc. | 5551 | 32136071 | 2.97 |
| **Interactive Media & Services** |  |  |  |
| Meta Platforms, Inc. - Cl. A | 135618 | 100098290 | 9.27 |
| **Investment Banking & Brokerage** |  |  |  |
| The Goldman Sachs Group, Inc. | 26873 | 19019366 | 1.76 |
| **Managed Health Care** |  |  |  |
| UnitedHealth Group, Inc. | 93391 | 29135190 | 2.70 |
| **Movies & Entertainment** |  |  |  |
| Netflix, Inc.\* | 47108 | 63083736 | 5.84 |
| The Walt Disney Company | 265803 | 32962230 | 3.05 |
| TKO Group Holdings, Inc. | 211727 | 38523728 | 3.57 |
|  |  | 134569694 | 12.46 |
| **Property & Casualty Insurance** |  |  |  |
| The Progressive Corp. | 129889 | 34662178 | 3.21 |
| **Restaurants** |  |  |  |
| Chipotle Mexican Grill, Inc.\* | 628318 | 35280056 | 3.27 |
| **Semiconductor Materials & Equipment** |  |  |  |
| ASML Holding N.V. - NY Reg. Shs. | 41861 | 33546987 | 3.11 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Number<br> of<br> Shares | Value | Percent<br> of Net<br> Assets |
| **Semiconductors** |  |  |  |
| NVIDIA Corp. | 516887 | $81662977 | 7.56% |
| Taiwan Semiconductor Manufacturing Co., Ltd. Spon. ADR | 225916 | 51167715 | 4.74 |
|  |  | 132830692 | 12.30 |
| **Specialty Chemicals** |  |  |  |
| The Sherwin-Williams Company | 67717 | 23251309 | 2.15 |
| **Systems Software** |  |  |  |
| Microsoft Corp. | 199254 | 99110932 | 9.18 |
| ServiceNow, Inc.\* | 34944 | 35925228 | 3.32 |
|  |  | 135036160 | 12.50 |
| **Technology Hardware, Storage & Peripherals** |  |  |  |
| Apple, Inc. | 153651 | 31524576 | 2.92 |
| **Transaction & Payment Processing Services** |  |  |  |
| Visa, Inc. - Cl. A | 104908 | 37247585 | 3.45 |
| **TOTAL COMMON STOCKS** |  |  |  |
| **(Cost $480,712,366)** |  | **1081222926** | **100.11** |
| **SHORT-TERM INVESTMENTS** |  |  |  |
| State Street Institutional Treasury Money Market Fund - Premier Class, 4.20%<sup>#</sup> | 3361786 | 3361786 | 0.31 |
| **TOTAL SHORT-TERM INVESTMENTS** |  |  |  |
| **(Cost $3,361,786)** |  | **3361786** | **0.31** |
| **TOTAL INVESTMENTS** |  |  |  |
| **(Cost $484,074,152)** |  | **1084584712** | **100.42** |
| Liabilities, Less Cash and Other Assets |  | (4546459) | (0.42) |
| **NET ASSETS** |  | $**1080038253** | **100.00%** |

---

**SUMMARY OF FAIR VALUE MEASUREMENTS**

As of June 30, 2025, all investments disclosed in the preceding Schedule of Investments were classified as Level 1.

For more information on investment valuation and valuation inputs, refer to the Notes to Schedules of Investments.

\* Non-income producing.

# Rate shown is the 7-day yield as of June 30, 2025.

See Notes to Schedules of Investments.

**Marsico Growth Fund**

**SCHEDULE OF INVESTMENTS**

**As of June 30, 2025**

**(Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  | Number<br> of<br> Shares | Value | Percent<br> of Net<br> Assets |
| **COMMON STOCKS** |  |  |  |
| **Aerospace & Defense** |  |  |  |
| General Electric Co. DBA GE Aerospace | 50151 | $12908366 | 3.02% |
| HEICO Corp. | 50781 | 16656168 | 3.90 |
| The Boeing Company\* | 38197 | 8003417 | 1.87 |
|  |  | 37567951 | 8.79 |
| **Application Software** |  |  |  |
| AppLovin Corp. - Cl. A\* | 6246 | 2186600 | 0.51 |
| Constellation Software, Inc. | 1675 | 6141810 | 1.44 |
| SAP S.E. Spon. ADR | 50944 | 15492070 | 3.63 |
| Synopsys, Inc.\* | 11591 | 5942474 | 1.39 |
|  |  | 29762954 | 6.97 |
| **Broadline Retail** |  |  |  |
| Amazon.com, Inc.\* | 115012 | 25232483 | 5.91 |
| **Consumer Finance** |  |  |  |
| American Express Company | 7652 | 2440835 | 0.57 |
| **Consumer Staples Merchandise Retail** |  |  |  |
| Costco Wholesale Corp. | 17860 | 17680329 | 4.14 |
| **Diversified Support Services** |  |  |  |
| Cintas Corp. | 13684 | 3049753 | 0.71 |
| **Financial Exchanges & Data** |  |  |  |
| Moody's Corp. | 38622 | 19372409 | 4.53 |
| **Heavy Electrical Equipment** |  |  |  |
| GE Vernova, Inc. | 13414 | 7098018 | 1.66 |
| **Interactive Media & Services** |  |  |  |
| Alphabet, Inc. - Cl. A | 68158 | 12011484 | 2.81 |
| Meta Platforms, Inc. - Cl. A | 39920 | 29464553 | 6.90 |
|  |  | 41476037 | 9.71 |
| **Investment Banking & Brokerage** |  |  |  |
| Robinhood Markets, Inc. - Cl. A\* | 143019 | 13390869 | 3.13 |
| **Managed Health Care** |  |  |  |
| UnitedHealth Group, Inc. | 6791 | 2118588 | 0.50 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Number<br> of<br> Shares | Value | Percent<br> of Net<br> Assets |
| **Movies & Entertainment** |  |  |  |
| Netflix, Inc.\* | 19487 | $26095626 | 6.11% |
| Spotify Technology S.A.\* | 19948 | 15306899 | 3.59 |
| The Walt Disney Company | 112328 | 13929795 | 3.26 |
| TKO Group Holdings, Inc. | 24242 | 4410832 | 1.03 |
|  |  | 59743152 | 13.99 |
| **Passenger Ground Transportation** |  |  |  |
| Uber Technologies, Inc.\* | 99630 | 9295479 | 2.18 |
| **Property & Casualty Insurance** |  |  |  |
| The Progressive Corp. | 15309 | 4085360 | 0.96 |
| **Restaurants** |  |  |  |
| Chipotle Mexican Grill, Inc.\* | 113842 | 6392228 | 1.50 |
| **Semiconductors** |  |  |  |
| Broadcom, Inc. | 55617 | 15330826 | 3.59 |
| NVIDIA Corp. | 184543 | 29155948 | 6.83 |
| Taiwan Semiconductor Manufacturing Co., Ltd. Spon. ADR | 42073 | 9529114 | 2.23 |
|  |  | 54015888 | 12.65 |
| **Specialty Chemicals** |  |  |  |
| The Sherwin-Williams Company | 40768 | 13998101 | 3.28 |
| **Systems Software** |  |  |  |
| Microsoft Corp. | 56959 | 28331976 | 6.63 |
| ServiceNow, Inc.\* | 11831 | 12163215 | 2.85 |
|  |  | 40495191 | 9.48 |
| **Technology Hardware, Storage & Peripherals** |  |  |  |
| Apple, Inc. | 78566 | 16119386 | 3.77 |
| **Transaction & Payment Processing Services** |  |  |  |
| Mastercard, Inc. - Cl. A | 31777 | 17856767 | 4.18 |
| Visa, Inc. - Cl. A | 16751 | 5947443 | 1.39 |
|  |  | 23804210 | 5.57 |
| **TOTAL COMMON STOCKS<br> (Cost $205,348,092)** |  | **427139221** | **100.00** |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Number<br> of<br> Shares | Value | Percent<br> of Net<br> Assets |
| **SHORT-TERM INVESTMENTS** |  |  |  |
| State Street Institutional Treasury Money Market Fund - Premier Class, 4.20%<sup>#</sup> | 2655577 | $2655577 | 0.62% |
| **TOTAL SHORT-TERM INVESTMENTS** |  |  |  |
| **(Cost $2,655,577)** |  | **2655577** | **0.62** |
| **TOTAL INVESTMENTS** |  |  |  |
| **(Cost $208,003,669)** |  | **429794798** | **100.62** |
| Liabilities, Less Cash and Other Assets |  | (2656516) | (0.62) |
| **NET ASSETS** |  | $**427138282** | **100.00%** |

---

**SUMMARY OF FAIR VALUE MEASUREMENTS**

As of June 30, 2025, all investments disclosed in the preceding Schedule of Investments were classified as Level 1.

For more information on investment valuation and valuation inputs, refer to the Notes to Schedules of Investments.

\* Non-income producing.

# Rate shown is the 7-day yield as of June 30, 2025.

See Notes to Schedules of Investments.

**Marsico Midcap Growth Focus Fund**

**SCHEDULE OF INVESTMENTS**

**As of June 30, 2025**

**(Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  | Number<br> of<br> Shares | Value | Percent<br> of Net<br> Assets |
| **COMMON STOCKS** |  |  |  |
| **Aerospace & Defense** |  |  |  |
| AAR CORP.\* | 69793 | $4801061 | 0.96% |
| HEICO Corp. | 48506 | 15909968 | 3.17 |
| Rheinmetall A.G. | 4498 | 9521264 | 1.90 |
| Rolls-Royce Holdings PLC | 1326176 | 17613949 | 3.51 |
|  |  | 47846242 | 9.54 |
| **Application Software** |  |  |  |
| AppLovin Corp. - Cl. A\* | 35274 | 12348722 | 2.46 |
| Constellation Software, Inc. | 5185 | 19012111 | 3.79 |
| Palantir Technologies, Inc. - Cl. A\* | 164764 | 22460629 | 4.48 |
| Synopsys, Inc.\* | 32816 | 16824107 | 3.36 |
| Tyler Technologies, Inc.\* | 6516 | 3862945 | 0.77 |
|  |  | 74508514 | 14.86 |
| **Automotive Retail** |  |  |  |
| O'Reilly Automotive, Inc.\* | 136140 | 12270298 | 2.45 |
| **Diversified Support Services** |  |  |  |
| Cintas Corp. | 79932 | 17814445 | 3.55 |
| **Electrical Components & Equipment** |  |  |  |
| AMETEK, Inc. | 48635 | 8800990 | 1.76 |
| **Electronic Components** |  |  |  |
| Amphenol Corp. - Cl. A | 159678 | 15768202 | 3.15 |
| **Environmental & Facilities Services** |  |  |  |
| Waste Connections, Inc. | 4091 | 763871 | 0.15 |
| **Financial Exchanges & Data** |  |  |  |
| MSCI, Inc. | 10594 | 6109984 | 1.22 |
| **Food Retail** |  |  |  |
| Maplebear, Inc., DBA Instacart\* | 211226 | 9555864 | 1.91 |
| Sprouts Farmers Market, Inc.\* | 86138 | 14181761 | 2.83 |
|  |  | 23737625 | 4.74 |
| **Heavy Electrical Equipment** |  |  |  |
| GE Vernova, Inc. | 48396 | 25608743 | 5.11 |
| Siemens Energy A.G.\* | 194025 | 22411797 | 4.47 |
|  |  | 48020540 | 9.58 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Number<br> of<br> Shares | Value | Percent<br> of Net<br> Assets |
| **Insurance Brokers** |  |  |  |
| Arthur J. Gallagher & Company | 21347 | $6833602 | 1.36% |
| **Interactive Home Entertainment** |  |  |  |
| Roblox Corp. - Cl. A\* | 188150 | 19793380 | 3.95 |
| Take-Two Interactive Software, Inc.\* | 29582 | 7183989 | 1.43 |
|  |  | 26977369 | 5.38 |
| **Investment Banking & Brokerage** |  |  |  |
| Robinhood Markets, Inc. - Cl. A\* | 195754 | 18328447 | 3.66 |
| **Leisure Products** |  |  |  |
| Acushnet Holdings Corp. | 100319 | 7305230 | 1.46 |
| **Movies & Entertainment** |  |  |  |
| Spotify Technology S.A.\* | 33055 | 25364424 | 5.06 |
| TKO Group Holdings, Inc. | 99947 | 18185356 | 3.63 |
|  |  | 43549780 | 8.69 |
| **Real Estate Services** |  |  |  |
| CBRE Group, Inc. - Cl. A\* | 103825 | 14547959 | 2.90 |
| **Restaurants** |  |  |  |
| Chipotle Mexican Grill, Inc.\* | 329100 | 18478965 | 3.69 |
| Yum! Brands, Inc. | 47756 | 7076484 | 1.41 |
|  |  | 25555449 | 5.10 |
| **Semiconductor Materials & Equipment** |  |  |  |
| KLA Corp. | 21400 | 19168836 | 3.82 |
| **Semiconductors** |  |  |  |
| Marvell Technology, Inc. | 267906 | 20735924 | 4.14 |
| **Soft Drinks & Non-alcoholic Beverages** |  |  |  |
| Celsius Holdings, Inc.\* | 160078 | 7426018 | 1.48 |
| Coca-Cola Europacific Partners PLC | 119262 | 11057973 | 2.21 |
|  |  | 18483991 | 3.69 |
| **Systems Software** |  |  |  |
| CrowdStrike Holdings, Inc. - Cl. A\* | 33391 | 17006370 | 3.39 |
| **Trading Companies & Distributors** |  |  |  |
| United Rentals, Inc. | 9690 | 7300446 | 1.46 |
| Watsco, Inc. | 14415 | 6365952 | 1.27 |
|  |  | 13666398 | 2.73 |
| **TOTAL COMMON STOCKS** |  |  |  |
| **(Cost $271,598,410)** |  | **487800066** | **97.32** |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Number<br> of<br> Shares/Warrants | Value | Percent<br> of Net<br> Assets |
| **WARRANTS** |  |  |  |
| **Application Software** |  |  |  |
| Constellation Software, Inc. Warrants, Strike Price: Pending, Expiration Date: March 31, 2040\*<sup>@^</sup> | 5185 | $0 | 0.00% |
| **TOTAL WARRANTS** |  |  |  |
| **(Cost $0)** |  | **0** | **0.00** |
| **SHORT-TERM INVESTMENTS** |  |  |  |
| State Street Institutional Treasury Money Market Fund - Premier Class, 4.20%<sup>#</sup> | 13797205 | 13797205 | 2.75 |
| **TOTAL SHORT-TERM INVESTMENTS** |  |  |  |
| **(Cost $13,797,205)** |  | **13797205** | **2.75** |
| **TOTAL INVESTMENTS** |  |  |  |
| **(Cost $285,395,615)** |  | **501597271** | **100.07** |
| Liabilities, Less Cash and Other Assets |  | (333850) | (0.07) |
| **NET ASSETS** |  | $**501263421** | **100.00%** |

---

**SUMMARY OF FAIR VALUE MEASUREMENTS**

The following is a summary of the fair values of the Fund's investments according to the valuation inputs utilized as of June 30, 2025.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund Investment by<br> Major Security Type** | **Level 1 - Quoted<br> Prices** | **Level 2 - Other Significant<br> Observable Inputs** | **Level 3 - Significant<br> Unobservable Inputs** |  | **Total** |
| **Assets** |  |  |  |  |  |
| **Common Stocks** | $487800066 | $- | $- |  | $487800066 |
| **Warrants** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Information Technology |  |  |  | \*\* |  |
| **Short-term Investments** | 13797205 | - | - |  | 13797205 |
|  | $**501597271** | $**-** | $**-** |  | $**501597271** |

---

\*\* Constellation Software, Inc. warrants represent the only Level 3 security held by the Fund.

For more information on investment valuation and valuation inputs, refer to the Notes to Schedules of Investments.

\* Non-income producing.

---

| | |
|:---|:---|
| <sup>@</sup> | Security valued at fair value using significant unobservable inputs as determined in good faith by Marsico Capital Management, LLC (the "Adviser"), as the Fund's Board of Trustees' valuation designee. As of June 30, 2025, the total value of Level 3 securities was $0, which represents 0.00% of the Fund's net assets. |

---

^ As of June 30, 2025, certain information for the security, such as the strike price, is pending announcement by the issuer.

# Rate shown is the 7-day yield as of June 30, 2025.

See Notes to Schedules of Investments.

**SUMMARY OF INVESTMENTS BY COUNTRY**

---

| | | |
|:---|:---|:---|
| <br>**Country** |<br>**Market Value** | **Percent of**<br>**Investment**<br>**Securities** |
| Canada | $19775982 | 3.94% |
| Germany | 31933061 | 6.37 |
| Sweden | 25364424 | 5.06 |
| United Kingdom | 28671922 | 5.71 |
| United States<sup>(1)</sup> | 395851882 | 78.92 |
|  | $501597271 | 100.00% |

---

<sup>(1)</sup> Includes short-term securities.

**Marsico International Opportunities Fund**

**SCHEDULE OF INVESTMENTS**

**As of June 30, 2025**

**(Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  | Number<br> of<br> Shares | Value | Percent<br> of Net<br> Assets |
| **COMMON STOCKS** |  |  |  |
| **Aerospace & Defense** |  |  |  |
| Airbus S.E. | 12544 | $2619231 | 2.29% |
| General Electric Co. DBA GE Aerospace | 12135 | 3123428 | 2.73 |
| Rheinmetall A.G. | 1228 | 2599402 | 2.27 |
| Rolls-Royce Holdings PLC | 645946 | 8579299 | 7.50 |
| Safran S.A. | 8140 | 2645472 | 2.31 |
| The Boeing Company\* | 13969 | 2926925 | 2.56 |
|  |  | 22493757 | 19.66 |
| **Apparel, Accessories & Luxury Goods** |  |  |  |
| Hermes International | 907 | 2456254 | 2.15 |
| **Application Software** |  |  |  |
| Constellation Software, Inc. | 1013 | 3714420 | 3.24 |
| SAP S.E. | 26256 | 7984134 | 6.98 |
|  |  | 11698554 | 10.22 |
| **Automobile Manufacturers** |  |  |  |
| Ferrari N.V. | 5917 | 2903709 | 2.54 |
| **Broadline Retail** |  |  |  |
| Amazon.com, Inc.\* | 21729 | 4767125 | 4.17 |
| **Consumer Electronics** |  |  |  |
| Sony Group Corp. Spon. ADR | 96305 | 2506819 | 2.19 |
| **Heavy Electrical Equipment** |  |  |  |
| GE Vernova, Inc. | 7085 | 3749028 | 3.28 |
| Siemens Energy A.G.\* | 41795 | 4827734 | 4.22 |
| Siemens Energy A.G. ADR\* | 3029 | 350940 | 0.30 |
|  |  | 8927702 | 7.80 |
| **Integrated Telecommunication Services** |  |  |  |
| Deutsche Telekom A.G. | 65159 | 2377074 | 2.08 |
| **Interactive Home Entertainment** |  |  |  |
| Nintendo Co., Ltd. | 50000 | 4819277 | 4.21 |
| **Interactive Media & Services** |  |  |  |
| Meta Platforms, Inc. - Cl. A | 4344 | 3206263 | 2.80 |
| Tencent Holdings Ltd. ADR | 35978 | 2320581 | 2.03 |
|  |  | 5526844 | 4.83 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Number<br> of<br> Shares/Warrants | Value | Percent<br> of Net<br> Assets |
| **Managed Health Care** |  |  |  |
| UnitedHealth Group, Inc. | 9346 | $2915672 | 2.55% |
| **Movies & Entertainment** |  |  |  |
| Netflix, Inc.\* | 2374 | 3179095 | 2.78 |
| Spotify Technology S.A.\* | 7345 | 5636112 | 4.92 |
|  |  | 8815207 | 7.70 |
| **Restaurants** |  |  |  |
| Chipotle Mexican Grill, Inc.\* | 19400 | 1089310 | 0.95 |
| **Semiconductor Materials & Equipment** |  |  |  |
| ASML Holding N.V. | 5343 | 4264672 | 3.73 |
| **Semiconductors** |  |  |  |
| ARM Holdings PLC ADR\* | 14919 | 2412999 | 2.11 |
| NVIDIA Corp. | 33722 | 5327739 | 4.66 |
| Taiwan Semiconductor Manufacturing Co., Ltd. Spon. ADR | 22890 | 5184356 | 4.53 |
|  |  | 12925094 | 11.30 |
| **Soft Drinks & Non-alcoholic Beverages** |  |  |  |
| Coca-Cola Europacific Partners PLC | 44575 | 4132994 | 3.61 |
| Coca-Cola HBC A.G. | 29131 | 1521092 | 1.33 |
|  |  | 5654086 | 4.94 |
| **Systems Software** |  |  |  |
| Microsoft Corp. | 10134 | 5040753 | 4.41 |
| **TOTAL COMMON STOCKS** |  |  |  |
| **(Cost $72,435,979)** |  | **109181909** | **95.43** |
| **WARRANTS** |  |  |  |
| **Application Software** |  |  |  |
| Constellation Software, Inc. Warrants, Strike Price: Pending, Expiration Date: March 31, 2040\*<sup>@^</sup> | 306 | 0 | 0.00 |
| **TOTAL WARRANTS** |  |  |  |
| **(Cost $0)** |  | **0** | **0.00** |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Number<br> of<br> Shares | Value | Percent<br> of Net<br> Assets |
| **SHORT-TERM INVESTMENTS** |  |  |  |
| State Street Institutional Treasury Money Market Fund - Premier Class, 4.20%<sup>#</sup> | 4902410 | $4902410 | 4.29% |
| **TOTAL SHORT-TERM INVESTMENTS** |  |  |  |
| **(Cost $4,902,410)** |  | **4902410** | **4.29** |
| **TOTAL INVESTMENTS** |  |  |  |
| **(Cost $77,338,389)** |  | **114084319** | **99.72** |
| Cash and Other Assets, Less Liabilities |  | 324831 | 0.28 |
| **NET ASSETS** |  | $**114409150** | **100.00%** |

---

**SUMMARY OF FAIR VALUE MEASUREMENTS**

The following is a summary of the fair values of the Fund's investments according to the valuation inputs utilized as of June 30, 2025.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund Investment by<br> Major Security Type** | **Level 1 - Quoted<br> Prices** | **Level 2 - Other Significant<br> Observable Inputs** | **Level 3 - Significant<br> Unobservable Inputs** |  | **Total** |
| **Assets** |  |  |  |  |  |
| **Common Stocks** | $109181909 | $- | $- |  | $109181909 |
| **Warrants** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Information Technology |  |  |  | \*\* |  |
| **Short-term Investments** | 4902410 | - | - |  | 4902410 |
|  | $**114084319** | $**-** | $**-** |  | $**114084319** |

---

\*\* Constellation Software, Inc. warrants represent the only Level 3 security held by the Fund.

For more information on investment valuation and valuation inputs, refer to the Notes to Schedules of Investments.

\* Non-income producing.

---

| | |
|:---|:---|
| <sup>@</sup> | Security valued at fair value using significant unobservable inputs as determined in good faith by the Adviser, as the Fund's Board of Trustees' valuation designee. As of June 30, 2025, the total value of Level 3 securities was $0, which represents 0.00% of the Fund's net assets. |

---

^ As of June 30, 2025, certain information for the security, such as the strike price, is pending announcement by the issuer.

# Rate shown is the 7-day yield as of June 30, 2025.

See Notes to Schedules of Investments.

**SUMMARY OF INVESTMENTS BY COUNTRY**

---

| | | |
|:---|:---|:---|
| <br>**Country** |<br>**Market Value** | **Percent of**<br>**Investment**<br>**Securities** |
| Canada | $3714420 | 3.26% |
| China/Hong Kong | 2320581 | 2.03 |
| France | 7720957 | 6.77 |
| Germany | 18139284 | 15.90 |
| Italy | 4424801 | 3.88 |
| Japan | 7326096 | 6.42 |
| Netherlands | 4264672 | 3.74 |
| Sweden | 5636112 | 4.94 |
| Taiwan | 5184356 | 4.54 |
| United Kingdom | 15125292 | 13.26 |
| United States<sup>(1)</sup> | 40227748 | 35.26 |
|  | $114084319 | 100.00% |

---

<sup>(1)</sup> Includes short-term securities.

**Marsico Global Fund**

**SCHEDULE OF INVESTMENTS**

**As of June 30, 2025**

**(Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  | Number<br> of<br> Shares | Value | Percent<br> of Net<br> Assets |
| **COMMON STOCKS** |  |  |  |
| **Aerospace & Defense** |  |  |  |
| Airbus S.E. | 42935 | $8964980 | 2.00% |
| General Electric Co. DBA GE Aerospace | 76954 | 19807190 | 4.42 |
| Rolls-Royce Holdings PLC | 2114160 | 28079762 | 6.27 |
| Safran S.A. | 40461 | 13149687 | 2.93 |
|  |  | 70001619 | 15.62 |
| **Apparel, Accessories & Luxury Goods** |  |  |  |
| Hermes International | 3986 | 10794521 | 2.41 |
| **Application Software** |  |  |  |
| Constellation Software, Inc. | 3261 | 11957279 | 2.67 |
| SAP S.E. Spon. ADR | 78113 | 23754163 | 5.30 |
| Synopsys, Inc.\* | 24404 | 12511443 | 2.79 |
|  |  | 48222885 | 10.76 |
| **Automobile Manufacturers** |  |  |  |
| Ferrari N.V. | 26043 | 12780342 | 2.85 |
| **Automotive Retail** |  |  |  |
| O'Reilly Automotive, Inc.\* | 84570 | 7622294 | 1.70 |
| **Broadline Retail** |  |  |  |
| Amazon.com, Inc.\* | 82846 | 18175584 | 4.06 |
| **Consumer Staples Merchandise Retail** |  |  |  |
| Costco Wholesale Corp. | 13046 | 12914757 | 2.88 |
| **Diversified Banks** |  |  |  |
| JPMorgan Chase & Company | 43759 | 12686172 | 2.83 |
| **Heavy Electrical Equipment** |  |  |  |
| GE Vernova, Inc. | 34915 | 18475272 | 4.13 |
| Siemens Energy A.G.\* | 196392 | 22685209 | 5.06 |
| Siemens Energy A.G. ADR\* | 12398 | 1436432 | 0.32 |
|  |  | 42596913 | 9.51 |
| **Integrated Telecommunication Services** |  |  |  |
| Deutsche Telekom A.G. | 280964 | 10249885 | 2.29 |
| **Interactive Home Entertainment** |  |  |  |
| Nintendo Co., Ltd. ADR | 408959 | 9823195 | 2.19 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Number<br> of<br> Shares | Value | Percent<br> of Net<br> Assets |
| **Interactive Media & Services** |  |  |  |
| Meta Platforms, Inc. - Cl. A | 33816 | $24959251 | 5.57% |
| Tencent Holdings Ltd. ADR | 141471 | 9124880 | 2.04 |
|  |  | 34084131 | 7.61 |
| **Managed Health Care** |  |  |  |
| UnitedHealth Group, Inc. | 22417 | 6993432 | 1.56 |
| **Movies & Entertainment** |  |  |  |
| Netflix, Inc.\* | 16875 | 22597819 | 5.05 |
| Spotify Technology S.A.\* | 32357 | 24828820 | 5.54 |
|  |  | 47426639 | 10.59 |
| **Property & Casualty Insurance** |  |  |  |
| The Progressive Corp. | 17896 | 4775727 | 1.07 |
| **Restaurants** |  |  |  |
| Chipotle Mexican Grill, Inc.\* | 152561 | 8566300 | 1.91 |
| **Semiconductor Materials & Equipment** |  |  |  |
| ASML Holding N.V. - NY Reg. Shs. | 17601 | 14105265 | 3.15 |
| **Semiconductors** |  |  |  |
| NVIDIA Corp. | 93794 | 14818514 | 3.31 |
| Taiwan Semiconductor Manufacturing Co., Ltd. Spon. ADR | 100423 | 22744805 | 5.07 |
|  |  | 37563319 | 8.38 |
| **Systems Software** |  |  |  |
| Microsoft Corp. | 34362 | 17092002 | 3.82 |
| **TOTAL COMMON STOCKS** |  |  |  |
| **(Cost $229,449,328)** |  | **426474982** | **95.19** |
| **SHORT-TERM INVESTMENTS** |  |  |  |
| State Street Institutional Treasury Money Market Fund - Premier Class, 4.20%<sup>#</sup> | 21563862 | 21563862 | 4.82 |
| **TOTAL SHORT-TERM INVESTMENTS** |  |  |  |
| **(Cost $21,563,862)** |  | **21563862** | **4.82** |
| **TOTAL INVESTMENTS** |  |  |  |
| **(Cost $251,013,190)** |  | **448038844** | **100.01** |
| Liabilities, Less Cash and Other Assets |  | (27130) | (0.01) |
| **NET ASSETS** |  | $**448011714** | **100.00%** |

---

**SUMMARY OF FAIR VALUE MEASUREMENTS**

As of June 30, 2025, all investments disclosed in the preceding Schedule of Investments were classified as Level 1.

For more information on investment valuation and valuation inputs, refer to the Notes to Schedules of Investments.

\* Non-income producing.

# Rate shown is the 7-day yield as of June 30, 2025.

See Notes to Schedules of Investments.

**SUMMARY OF INVESTMENTS BY COUNTRY**

---

| | | |
|:---|:---|:---|
| <br>**Country** |<br>**Market Value** | **Percent of**<br>**Investment**<br>**Securities** |
| Canada | $11957279 | 2.67% |
| China/Hong Kong | 9124880 | 2.04 |
| France | 32909188 | 7.34 |
| Germany | 58125689 | 12.97 |
| Italy | 12780342 | 2.85 |
| Japan | 9823195 | 2.19 |
| Netherlands | 14105265 | 3.15 |
| Sweden | 24828820 | 5.54 |
| Taiwan | 22744805 | 5.08 |
| United Kingdom | 28079762 | 6.27 |
| United States<sup>(1)</sup> | 223559619 | 49.90 |
|  | $448038844 | 100.00% |

---

<sup>(1)</sup> Includes short-term securities.

**Notes to Schedules of Investments**

Investment Valuation — A security traded on a recognized stock exchange is generally valued at the last sale price prior to the closing of the principal exchange on which the security is traded. Securities traded on NASDAQ generally will be valued at the NASDAQ Official Closing Price. If no sale price is reported on the valuation date, the most current bid price will generally be used, with the exception of short option positions which will generally utilize the most current ask price. Other securities for which over-the-counter market quotations are readily available are generally valued at the last sale price. Debt securities that will mature in more than 60 days are generally valued at their bid prices furnished by a pricing service. Debt securities that will mature in 60 days or less are valued at amortized cost, if it approximates market value. Any securities for which market quotations are not readily available are valued at their fair value as determined, in accordance with the Funds' policies and procedures, in good faith by the Adviser, subject to the Board's general supervision of the Adviser as the Board's valuation designee (as defined in Rule 2a-5 under the 1940 Act). The Funds' policies and procedures, including those wherein the Adviser has been approved as the Board's valuation designee, have been duly approved by the Board. When a security has been "fair valued," consideration is given to facts and circumstances relevant to the particular situation, including a review of the various factors set forth in the Funds' policies and procedures. The Funds may use pricing services to assist in determining market value. The Adviser, as the Board's valuation designee, has proposed and the Board has approved the use of a pricing service to assist the Funds in valuing certain equity securities listed or traded on foreign security exchanges in the Funds' portfolios in certain circumstances where there is a significant change in the value of related US-traded securities, as represented by, for example, the S&P 500 Index.

"Fair Value Measurements and Disclosures" (the "Fair Value Statement") defines fair value, establishes a framework for measuring fair value in Generally Accepted Accounting Principles ("GAAP"), and expands disclosures about fair value measurements. Under the Fair Value Statement, various inputs are used in determining the value of the Funds' investments.

These inputs are summarized into three broad levels and described below:

● Level 1 – unadjusted quoted prices in active markets for identical investments

● Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, and evaluated quotations obtained from pricing services)

● Level 3 – significant unobservable inputs (including the Funds' assumptions that market participants would use in determining the fair value of investments)

The inputs or methodology used for valuing investments are not an indication of the risk associated with investing in those investments. Changes in valuation techniques may result in transfers between the levels during the reporting period. As of June 30, 2025, the fair values of each Fund's investments according to the valuation inputs utilized are reflected in the "Summary of Fair Value Measurements" on the Fund's Schedule of Investments. The Funds did not hold a significant amount of Level 3 securities as of June 30, 2025.

Foreign Currency Translation — The accounting records of the Funds are maintained in US dollars. For valuation purposes, values of securities denominated in foreign currencies are translated into US dollars at 4:00 p.m. Eastern Time. Amounts related to the purchase and sale of foreign securities and investment income are translated at the rates of exchange prevailing on the respective dates of such transactions.

Reported realized gains and losses on foreign currency transactions arise from sales of portfolio securities, forward foreign currency contracts, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on the Funds' books and the US dollar equivalent of the amounts actually received or paid.

The Funds do not isolate that portion of the results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in market prices of securities held at the end of the reporting period. Net unrealized appreciation or depreciation on investments and foreign currency translations arises from changes in the value of assets and liabilities, including investments in securities at the end of the reporting period, resulting from changes in the exchange rates and changes in market prices of securities held.

Transactions in foreign-denominated assets may involve greater risks than domestic transactions, including currency risk, political and economic risk, regulatory risk and market risk.

Federal Income Tax Information — "Accounting for Uncertainty in Income Taxes" (the "Income Tax Statement") requires an evaluation of tax positions taken (or expected to be taken) in the course of preparing a Fund's tax returns to determine whether these positions meet a "more-likely-than-not" standard that, based on the technical merits, have a more than fifty percent likelihood of being sustained by a taxing authority upon examination. A tax position that meets the "more-likely-than-not" recognition threshold is measured to determine the amount of benefit to recognize in the financial statements. The Funds recognize interest and penalties, if any, related to unrecognized tax benefits as income tax expense in the Statements of Operations.

The Income Tax Statement requires management of the Funds to analyze all open tax years, consisting of fiscal years 2021-2025 as defined by Internal Revenue Service ("IRS") statute of limitations for all major jurisdictions, including federal tax authorities and certain state tax authorities. As of and during the period ended June 30, 2025, the Funds did not have any liabilities for any unrecognized tax benefits. The Funds have no examinations in progress and are not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

At June 30, 2025, gross unrealized appreciation and depreciation of investments, based on cost for federal income tax purposes, were as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |<br>Focus<br>Fund |<br>Growth<br>Fund | Midcap<br>Growth Focus<br>Fund | International<br>Opportunities<br>Fund |<br>Global<br>Fund |
| Cost of Investments | $484082009 | $208887880 | $285560512 | $77346879 | $251024884 |
| Gross Unrealized Appreciation | $602255747 | $221200181 | $216590550 | $36784792 | $197664594 |
| Gross Unrealized Depreciation | (1753044) | (293263) | (553791) | (47352) | (650634) |
| Net Unrealized Appreciation on Investments | $600502703 | $220906918 | $216036759 | $36737440 | $197013960 |

---

The difference between cost amounts for financial statement and federal income tax purposes is due primarily to wash sale loss deferrals.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** MARSICO INVESTMENT FUND

- **b. Investment Company Act file number:** 811-08397

- **c. CIK number of Registrant:** 0001047112

- **d. LEI of Registrant:** 549300LEFMW3ORSVK602

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1200 17TH STREET, SUITE 1700

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80202

  - **Telephone number:** 3034545600

**Item A.2. Information about the Series.**

- **a. Name of Series:** Marsico Focus Fund

- **b. EDGAR series identifier (if any):** S000007710

- **c. LEI of Series:** 549300E9R6XT0JN5JM80

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1085284485.88

**Total Liabilities:** $4605026.37

**Net Assets:** $1080679459.51

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020960 | 1.67%                | 9.29%                | 7.16%                |
| Class ID C000232236 | 1.77%                | 9.29%                | 7.21%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-20540642.53            | $35856772.80                               |
| Month 2  | $8390129.53              | $78539510.53                               |
| Month 3  | $-1565040.37             | $74290254.87                               |

### Schedule of Portfolio Investments

| Name                                               | Title                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MICROSOFT CORP COMMON STOCK USD.00000625           | MICROSOFT CORP COMMON STOCK USD.00000625           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    199254 | NS      | $99110932.14  | 9.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC COMMON STOCK USD.001                   | NETFLIX INC COMMON STOCK USD.001                   | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     47108 | NS      | $63083736.04  | 5.84%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP COMMON STOCK USD.001                   | NVIDIA CORP COMMON STOCK USD.001                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    516887 | NS      | $81662977.13  | 7.56%             |  |  |  | No            |                  1 | On Loan: No      |
| PROGRESSIVE CORP COMMON STOCK USD1.0               | PROGRESSIVE CORP COMMON STOCK USD1.0               | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    129889 | NS      | $34662178.54  | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STR INSTL INVT TR TREAS MMKT FD INST         | STATE STR INSTL INVT TR TREAS MMKT FD INST         | CUSIP: 857492888<br>LEI: 549300Q3FHSMZ70NLT76 | Long             | STIV             | RF                | US        |   3361786 | NS      | $3361786.49   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC COMMON STOCK USD.01                 | AMAZON.COM INC COMMON STOCK USD.01                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    322395 | NS      | $70730239.05  | 6.54%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC COMMON STOCK USD.00001                   | APPLE INC COMMON STOCK USD.00001                   | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    153651 | NS      | $31524575.67  | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE COMMON STOCK USD5.0                  | BOEING CO/THE COMMON STOCK USD5.0                  | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |    220560 | NS      | $46213936.80  | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HOLDINGS INC COMMON STOCK USD.008          | BOOKING HOLDINGS INC COMMON STOCK USD.008          | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      5551 | NS      | $32136071.24  | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIPOTLE MEXICAN GRILL INC COMMON STOCK USD.01     | CHIPOTLE MEXICAN GRILL INC COMMON STOCK USD.01     | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    628318 | NS      | $35280055.70  | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORP COMMON STOCK USD.005         | COSTCO WHOLESALE CORP COMMON STOCK USD.005         | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     43148 | NS      | $42713931.12  | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY CO/THE COMMON STOCK USD.01             | WALT DISNEY CO/THE COMMON STOCK USD.01             | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    265803 | NS      | $32962230.03  | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC CLASS A COMMON STOCK USD.000006 | META PLATFORMS INC CLASS A COMMON STOCK USD.000006 | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    135618 | NS      | $100098289.62 | 9.26%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC COMMON STOCK USD.01                 | GE VERNOVA INC COMMON STOCK USD.01                 | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     91633 | NS      | $48487601.95  | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL ELECTRIC COMMON STOCK USD.01               | GENERAL ELECTRIC COMMON STOCK USD.01               | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    239644 | NS      | $61681969.16  | 5.71%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC COMMON STOCK USD.01        | GOLDMAN SACHS GROUP INC COMMON STOCK USD.01        | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     26873 | NS      | $19019365.75  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW INC COMMON STOCK USD.001                | SERVICENOW INC COMMON STOCK USD.001                | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     34944 | NS      | $35925227.52  | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SHERWIN WILLIAMS CO/THE COMMON STOCK USD1.0        | SHERWIN WILLIAMS CO/THE COMMON STOCK USD1.0        | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     67717 | NS      | $23251309.12  | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS INC COMMON STOCK USD.01                   | SYNOPSYS INC COMMON STOCK USD.01                   | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     64479 | NS      | $33057093.72  | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO GROUP HOLDINGS INC COMMON STOCK USD.00001      | TKO GROUP HOLDINGS INC COMMON STOCK USD.00001      | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    211727 | NS      | $38523727.65  | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR SP ADR ADR                    | TAIWAN SEMICONDUCTOR SP ADR ADR                    | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    225916 | NS      | $51167714.84  | 4.73%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC COMMON STOCK USD.01         | UNITEDHEALTH GROUP INC COMMON STOCK USD.01         | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     93391 | NS      | $29135190.27  | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC CLASS A SHARES COMMON STOCK USD.0001      | VISA INC CLASS A SHARES COMMON STOCK USD.0001      | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    104908 | NS      | $37247585.40  | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML HOLDING NV NY REG SHS NY REG SHRS EUR.09      | ASML HOLDING NV NY REG SHS NY REG SHRS EUR.09      | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     41861 | NS      | $33546986.79  | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** MARSICO INVESTMENT FUND

**Signature:** Lynnett E. F. Macfarlane

**Name of Signer:** Lynnett E. F. Macfarlane

**Title:** Principal Financial Officer