# EDGAR Filing Document

**Accession Number:** 0001364725
**File Stem:** 0001364725-25-000008
**Filing Date:** 2025-8
**Character Count:** 20185
**Document Hash:** b4a8912efca42bc3f5c856113fcae3b8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001364725-25-000008.hdr.sgml**: 20250819

**ACCESSION NUMBER**: 0001364725-25-000008

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250819

**DATE AS OF CHANGE**: 20250819

**EFFECTIVENESS DATE**: 20250819

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CIM, LLC
- **CENTRAL INDEX KEY:** 0001364725

**ORGANIZATION NAME:**
- **EIN:** 810637750
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11985
- **FILM NUMBER:** 251230489

**BUSINESS ADDRESS:**
- **STREET 1:** 30 S. PEARL STREET, 9TH FLOOR
- **CITY:** ALBANY
- **STATE:** NY
- **ZIP:** 12207
- **BUSINESS PHONE:** 518-391-4200

**MAIL ADDRESS:**
- **STREET 1:** 30 S. PEARL STREET, 9TH FLOOR
- **CITY:** ALBANY
- **STATE:** NY
- **ZIP:** 12207

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** CIM LLC<br>**Address:** 30 S. PEARL STREET 9TH FLOOR<br>ALBANY, NY 12207

**Form 13F File Number:** 028-11985

**CRD Number (if applicable):** 000132136

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:** Joseph Alteri<br>**Title:** Compliance and Communications Manager<br>**Phone:** (518) 391-4265

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

Joseph Alteri  Albany, NY  08-19-2025<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:** 168

**Form 13F Information Table Value Total:** $742797103

      (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 |
| AAON INC | COM PAR $0.004 | 000360206 |  | 418481 | 5674 | SH |  | SOLE | 0 | 0 | 0 | 5674 |
| ABBOTT LABS | COM | 002824100 |  | 2312295 | 17001 | SH |  | SOLE | 0 | 0 | 0 | 17001 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 2071607 | 6931 | SH |  | SOLE | 0 | 0 | 0 | 6931 |
| ACM RESH INC | COM CL A | 00108J109 |  | 444004 | 17143 | SH |  | SOLE | 0 | 0 | 0 | 17143 |
| ADMA BIOLOGICS INC | COM | 000899104 |  | 1653850 | 90821 | SH |  | SOLE | 0 | 0 | 0 | 90821 |
| AEROVIRONMENT INC | COM | 008073108 |  | 435404 | 1528 | SH |  | SOLE | 0 | 0 | 0 | 1528 |
| AGILYSYS INC | COM | 00847J105 |  | 517485 | 4514 | SH |  | SOLE | 0 | 0 | 0 | 4514 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 23296375 | 132193 | SH |  | SOLE | 0 | 1808 | 0 | 130385 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1295302 | 7302 | SH |  | SOLE | 0 | 1700 | 0 | 5602 |
| AMAZON COM INC | COM | 023135106 |  | 21581139 | 98369 | SH |  | SOLE | 0 | 111 | 0 | 98258 |
| AMER STATES WTR CO | COM | 029899101 |  | 419449 | 5472 | SH |  | SOLE | 0 | 0 | 0 | 5472 |
| AMETEK INC | COM | 031100100 |  | 1373305 | 7589 | SH |  | SOLE | 0 | 0 | 0 | 7589 |
| AMPHASTAR PHARMACEUTICALS IN | COM | 03209R103 |  | 262410 | 11429 | SH |  | SOLE | 0 | 0 | 0 | 11429 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 2376518 | 24066 | SH |  | SOLE | 0 | 0 | 0 | 24066 |
| APPLE INC | COM | 037833100 |  | 15851091 | 77258 | SH |  | SOLE | 0 | 2185 | 0 | 75073 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 1235316 | 13567 | SH |  | SOLE | 0 | 0 | 0 | 13567 |
| ARGAN INC | COM | 04010E109 |  | 690997 | 3134 | SH |  | SOLE | 0 | 0 | 0 | 3134 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 20242579 | 197855 | SH |  | SOLE | 0 | 308 | 0 | 197547 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 2134636 | 2664 | SH |  | SOLE | 0 | 0 | 0 | 2664 |
| AT INC | COM | 00206R102 |  | 218815 | 7561 | SH |  | SOLE | 0 | 5795 | 0 | 1766 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 2287598 | 2763 | SH |  | SOLE | 0 | 0 | 0 | 2763 |
| BADGER METER INC | COM | 056525108 |  | 2274175 | 9284 | SH |  | SOLE | 0 | 0 | 0 | 9284 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 23834149 | 49065 | SH |  | SOLE | 0 | 77 | 0 | 48988 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 13043291 | 2253 | SH |  | SOLE | 0 | 53 | 0 | 2200 |
| BROWN  BROWN INC | COM | 115236101 |  | 3018446 | 27225 | SH |  | SOLE | 0 | 0 | 0 | 27225 |
| CACTUS INC | CL A | 127203107 |  | 217977 | 4986 | SH |  | SOLE | 0 | 0 | 0 | 4986 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 419974 | 9196 | SH |  | SOLE | 0 | 0 | 0 | 9196 |
| CAMTEK LTD | ORD | M20791105 |  | 511926 | 6054 | SH |  | SOLE | 0 | 0 | 0 | 6054 |
| CAPITAL GROUP CORE EQUITY ET | SHS CREATION UNI | 14020V108 |  | 412956 | 11182 | SH |  | SOLE | 0 | 0 | 0 | 11182 |
| CAPITAL GROUP DIVIDEND VALUE | SHS CREATION UNI | 14020W106 |  | 435580 | 11030 | SH |  | SOLE | 0 | 0 | 0 | 11030 |
| CAPITAL GROUP GROWTH ETF | SHS CREATION UNI | 14020G101 |  | 652007 | 16040 | SH |  | SOLE | 0 | 0 | 0 | 16040 |
| CAPITAL GRP FIXED INCM ETF T | CORE PLUS INCM | 14020Y102 |  | 209695 | 9320 | SH |  | SOLE | 0 | 0 | 0 | 9320 |
| CATALYST PHARMACEUTICALS INC | COM | 14888U101 |  | 506326 | 23333 | SH |  | SOLE | 0 | 0 | 0 | 23333 |
| CAVA GROUP INC | COM | 148929102 |  | 910947 | 10815 | SH |  | SOLE | 0 | 0 | 0 | 10815 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 1671416 | 7167 | SH |  | SOLE | 0 | 0 | 0 | 7167 |
| CBRE GROUP INC | CL A | 12504L109 |  | 226014 | 1613 | SH |  | SOLE | 0 | 0 | 0 | 1613 |
| CELESTICA INC | COM | 15101Q207 |  | 3167940 | 20293 | SH |  | SOLE | 0 | 0 | 0 | 20293 |
| CHEMED CORP NEW | COM | 16359R103 |  | 1029857 | 2115 | SH |  | SOLE | 0 | 0 | 0 | 2115 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 23933384 | 426240 | SH |  | SOLE | 0 | 3050 | 0 | 423190 |
| CINTAS CORP | COM | 172908105 |  | 11599186 | 52045 | SH |  | SOLE | 0 | 0 | 0 | 52045 |
| CLEAR SECURE INC | COM CL A | 18467V109 |  | 1698093 | 61170 | SH |  | SOLE | 0 | 0 | 0 | 61170 |
| CLEARWATER ANALYTICS HLDGS I | CL A | 185123106 |  | 1439200 | 65627 | SH |  | SOLE | 0 | 0 | 0 | 65627 |
| CMS ENERGY CORP | COM | 125896100 |  | 1308422 | 18886 | SH |  | SOLE | 0 | 0 | 0 | 18886 |
| COMFORT SYS USA INC | COM | 199908104 |  | 4482261 | 8359 | SH |  | SOLE | 0 | 0 | 0 | 8359 |
| COPART INC | COM | 217204106 |  | 20472809 | 417216 | SH |  | SOLE | 0 | 818 | 0 | 416398 |
| CORCEPT THERAPEUTICS INC | COM | 218352102 |  | 513947 | 7002 | SH |  | SOLE | 0 | 0 | 0 | 7002 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 23886975 | 24130 | SH |  | SOLE | 0 | 48 | 0 | 24082 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 1802448 | 3539 | SH |  | SOLE | 0 | 0 | 0 | 3539 |
| CSW INDUSTRIALS INC | COM | 126402106 |  | 477881 | 1666 | SH |  | SOLE | 0 | 0 | 0 | 1666 |
| CUMMINS INC | COM | 231021106 |  | 1704638 | 5205 | SH |  | SOLE | 0 | 0 | 0 | 5205 |
| CYBERARK SOFTWARE LTD | SHS | M2682V108 |  | 318994 | 784 | SH |  | SOLE | 0 | 0 | 0 | 784 |
| DAVE INC | CLASS A COM NEW | 23834J201 |  | 632106 | 2355 | SH |  | SOLE | 0 | 0 | 0 | 2355 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 1160156 | 11256 | SH |  | SOLE | 0 | 0 | 0 | 11256 |
| DIREXION SHS ETF TR | 20YR TRES BEAR | 25460G849 |  | 5244506 | 141974 | SH |  | SOLE | 0 | 584 | 0 | 141390 |
| DOXIMITY INC | CL A | 26622P107 |  | 3668132 | 59800 | SH |  | SOLE | 0 | 0 | 0 | 59800 |
| DUOLINGO INC | CL A COM | 26603R106 |  | 2900071 | 7073 | SH |  | SOLE | 0 | 0 | 0 | 7073 |
| DYNATRACE INC | COM NEW | 268150109 |  | 1212191 | 21956 | SH |  | SOLE | 0 | 0 | 0 | 21956 |
| E L F BEAUTY INC | COM | 26856L103 |  | 327526 | 2632 | SH |  | SOLE | 0 | 0 | 0 | 2632 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 12675115 | 23697 | SH |  | SOLE | 0 | 0 | 0 | 23697 |
| ETHAN ALLEN INTERIORS INC | COM | 297602104 |  | 240585 | 8639 | SH |  | SOLE | 0 | 0 | 0 | 8639 |
| EXELIXIS INC | COM | 30161Q104 |  | 1546680 | 35092 | SH |  | SOLE | 0 | 0 | 0 | 35092 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3039583 | 28197 | SH |  | SOLE | 0 | 7475 | 0 | 20722 |
| FABRINET | SHS | G3323L100 |  | 1827016 | 6200 | SH |  | SOLE | 0 | 0 | 0 | 6200 |
| FASTENAL CO | COM | 311900104 |  | 2432472 | 57916 | SH |  | SOLE | 0 | 0 | 0 | 57916 |
| FLEXSHARES TR | FLEXSHARES ULTRA | 33939L886 |  | 5549680 | 73496 | SH |  | SOLE | 0 | 177 | 0 | 73319 |
| GE AEROSPACE | COM NEW | 369604301 |  | 417229 | 1621 | SH |  | SOLE | 0 | 0 | 0 | 1621 |
| GE VERNOVA INC | COM | 36828A101 |  | 213777 | 404 | SH |  | SOLE | 0 | 0 | 0 | 404 |
| GENEDX HOLDINGS CORP | COM CL A | 81663L200 |  | 440319 | 4770 | SH |  | SOLE | 0 | 0 | 0 | 4770 |
| GENERAC HLDGS INC | COM | 368736104 |  | 1432530 | 10003 | SH |  | SOLE | 0 | 0 | 0 | 10003 |
| GRAINGER W W INC | COM | 384802104 |  | 280865 | 270 | SH |  | SOLE | 0 | 270 | 0 | 0 |
| HAMILTON INSURANCE GROUP LTD | CL B | G42706104 |  | 268758 | 12431 | SH |  | SOLE | 0 | 0 | 0 | 12431 |
| HARMONY BIOSCIENCES HLDGS IN | COM | 413197104 |  | 431056 | 13641 | SH |  | SOLE | 0 | 0 | 0 | 13641 |
| HERSHEY CO | COM | 427866108 |  | 2122832 | 12792 | SH |  | SOLE | 0 | 0 | 0 | 12792 |
| HOME DEPOT INC | COM | 437076102 |  | 2476022 | 6753 | SH |  | SOLE | 0 | 0 | 0 | 6753 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 410527 | 2973 | SH |  | SOLE | 0 | 0 | 0 | 2973 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 2058592 | 37152 | SH |  | SOLE | 0 | 0 | 0 | 37152 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 323497 | 1097 | SH |  | SOLE | 0 | 342 | 0 | 755 |
| INTUIT | COM | 461202103 |  | 23353357 | 29650 | SH |  | SOLE | 0 | 26 | 0 | 29624 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 21726495 | 39982 | SH |  | SOLE | 0 | 1729 | 0 | 38253 |
| INVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 46090F100 |  | 5210810 | 399602 | SH |  | SOLE | 0 | 960 | 0 | 398642 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 10756878 | 514191 | SH |  | SOLE | 0 | 1298 | 0 | 512893 |
| INVESCO EXCHANGE TRADED FD T | FINL PFD ETF | 46137V621 |  | 411743 | 29181 | SH |  | SOLE | 0 | 1095 | 0 | 28086 |
| IRADIMED CORP | COM | 46266A109 |  | 553463 | 9257 | SH |  | SOLE | 0 | 0 | 0 | 9257 |
| ISHARES TR | CORE S ETF | 464287200 |  | 3619176 | 5829 | SH |  | SOLE | 0 | 0 | 0 | 5829 |
| ISHARES TR | MBS ETF | 464288588 |  | 10013350 | 106650 | SH |  | SOLE | 0 | 270 | 0 | 106380 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 |  | 27392778 | 563058 | SH |  | SOLE | 0 | 1466 | 0 | 561592 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 277235 | 5747 | SH |  | SOLE | 0 | 0 | 0 | 5747 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 283728 | 2577 | SH |  | SOLE | 0 | 0 | 0 | 2577 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 241735 | 1237 | SH |  | SOLE | 0 | 0 | 0 | 1237 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 3286813 | 40754 | SH |  | SOLE | 0 | 106 | 0 | 40648 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 6075726 | 198035 | SH |  | SOLE | 0 | 0 | 0 | 198035 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 425161 | 4493 | SH |  | SOLE | 0 | 0 | 0 | 4493 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 239168 | 2404 | SH |  | SOLE | 0 | 0 | 0 | 2404 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 1563525 | 10396 | SH |  | SOLE | 0 | 0 | 0 | 10396 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 271695 | 2486 | SH |  | SOLE | 0 | 0 | 0 | 2486 |
| ISHARES TR | MSCI ACWI EX US | 464288240 |  | 1577493 | 25886 | SH |  | SOLE | 0 | 0 | 0 | 25886 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 17733449 | 161155 | SH |  | SOLE | 0 | 409 | 0 | 160746 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 2493113 | 8600 | SH |  | SOLE | 0 | 150 | 0 | 8450 |
| KINSALE CAP GROUP INC | COM | 49714P108 |  | 1451700 | 3000 | SH |  | SOLE | 0 | 0 | 0 | 3000 |
| LENNAR CORP | CL A | 526057104 |  | 2785676 | 25185 | SH |  | SOLE | 0 | 0 | 0 | 25185 |
| LINDE PLC | SHS | G54950103 |  | 234121 | 499 | SH |  | SOLE | 0 | 195 | 0 | 304 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 21550101 | 38349 | SH |  | SOLE | 0 | 191 | 0 | 38158 |
| MCGRATH RENTCORP | COM | 580589109 |  | 528288 | 4556 | SH |  | SOLE | 0 | 0 | 0 | 4556 |
| MEDPACE HLDGS INC | COM | 58506Q109 |  | 1338613 | 4265 | SH |  | SOLE | 0 | 0 | 0 | 4265 |
| META PLATFORMS INC | CL A | 30303M102 |  | 26429807 | 35808 | SH |  | SOLE | 0 | 745 | 0 | 35063 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 2051250 | 16643 | SH |  | SOLE | 0 | 0 | 0 | 16643 |
| MICROSOFT CORP | COM | 594918104 |  | 6193767 | 12452 | SH |  | SOLE | 0 | 1340 | 0 | 11112 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 1390353 | 1901 | SH |  | SOLE | 0 | 0 | 0 | 1901 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 19414804 | 309943 | SH |  | SOLE | 0 | 5354 | 0 | 304589 |
| NAPCO SEC TECHNOLOGIES INC | COM | 630402105 |  | 390835 | 13164 | SH |  | SOLE | 0 | 0 | 0 | 13164 |
| NETFLIX INC | COM | 64110L106 |  | 1874782 | 1400 | SH |  | SOLE | 0 | 0 | 0 | 1400 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 2421109 | 34876 | SH |  | SOLE | 0 | 0 | 0 | 34876 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 15570793 | 225598 | SH |  | SOLE | 0 | 2838 | 0 | 222760 |
| NUVEEN N Y MUN VALUE FD | COM | 67062M105 |  | 113937 | 14049 | SH |  | SOLE | 0 | 0 | 0 | 14049 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 38125282 | 241315 | SH |  | SOLE | 0 | 61660 | 0 | 179655 |
| ODDITY TECH LTD | SHS CL A | M7518J104 |  | 1914674 | 25370 | SH |  | SOLE | 0 | 0 | 0 | 25370 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 1235103 | 7610 | SH |  | SOLE | 0 | 0 | 0 | 7610 |
| ORACLE CORP | COM | 68389X105 |  | 459998 | 2104 | SH |  | SOLE | 0 | 1654 | 0 | 450 |
| PACKAGING CORP AMER | COM | 695156109 |  | 2207739 | 11715 | SH |  | SOLE | 0 | 0 | 0 | 11715 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 2003359 | 14696 | SH |  | SOLE | 0 | 0 | 0 | 14696 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 7428757 | 99956 | SH |  | SOLE | 0 | 76 | 0 | 99880 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 4384996 | 43617 | SH |  | SOLE | 0 | 106 | 0 | 43511 |
| POOL CORP | COM | 73278L105 |  | 944104 | 3239 | SH |  | SOLE | 0 | 0 | 0 | 3239 |
| POWELL INDS INC | COM | 739128106 |  | 254645 | 1210 | SH |  | SOLE | 0 | 0 | 0 | 1210 |
| PROGRESSIVE CORP | COM | 743315103 |  | 23848261 | 89366 | SH |  | SOLE | 0 | 85 | 0 | 89281 |
| PROSHARES TR | ULSH 20YRTRE NEW | 74347G887 |  | 2412352 | 33283 | SH |  | SOLE | 0 | 0 | 0 | 33283 |
| QUALYS INC | COM | 74758T303 |  | 1326262 | 9283 | SH |  | SOLE | 0 | 0 | 0 | 9283 |
| REDDIT INC | CL A | 75734B100 |  | 1247021 | 8282 | SH |  | SOLE | 0 | 0 | 0 | 8282 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 6579474 | 70271 | SH |  | SOLE | 0 | 0 | 0 | 70271 |
| ROLLINS INC | COM | 775711104 |  | 1525710 | 27042 | SH |  | SOLE | 0 | 0 | 0 | 27042 |
| SAIA INC | COM | 78709Y105 |  | 210972 | 770 | SH |  | SOLE | 0 | 0 | 0 | 770 |
| SAMSARA INC | COM CL A | 79589L106 |  | 1287838 | 32374 | SH |  | SOLE | 0 | 0 | 0 | 32374 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 247186 | 4720 | SH |  | SOLE | 0 | 0 | 0 | 4720 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 2444752 | 7120 | SH |  | SOLE | 0 | 0 | 0 | 7120 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 1631856 | 14147 | SH |  | SOLE | 0 | 0 | 0 | 14147 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 2045993 | 12727 | SH |  | SOLE | 0 | 0 | 0 | 12727 |
| SKYWARD SPECIALTY INS GROUP | COM | 830940102 |  | 553975 | 9586 | SH |  | SOLE | 0 | 0 | 0 | 9586 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 646874 | 1468 | SH |  | SOLE | 0 | 0 | 0 | 1468 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 928276 | 1502 | SH |  | SOLE | 0 | 0 | 0 | 1502 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 |  | 4304810 | 46929 | SH |  | SOLE | 0 | 122 | 0 | 46807 |
| SPDR SERIES TRUST | BBG CONV SEC ETF | 78464A359 |  | 3576438 | 43267 | SH |  | SOLE | 0 | 121 | 0 | 43146 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 29016451 | 37814 | SH |  | SOLE | 0 | 11 | 0 | 37803 |
| SPROUTS FMRS MKT INC | COM | 85208M102 |  | 1335066 | 8109 | SH |  | SOLE | 0 | 0 | 0 | 8109 |
| SPX TECHNOLOGIES INC | COM | 78473E103 |  | 272480 | 1625 | SH |  | SOLE | 0 | 0 | 0 | 1625 |
| STARBUCKS CORP | COM | 855244109 |  | 334358 | 3649 | SH |  | SOLE | 0 | 0 | 0 | 3649 |
| STEPSTONE GROUP INC | COM CL A | 85914M107 |  | 290644 | 5237 | SH |  | SOLE | 0 | 0 | 0 | 5237 |
| STERLING INFRASTRUCTURE INC | COM | 859241101 |  | 341711 | 1481 | SH |  | SOLE | 0 | 0 | 0 | 1481 |
| STRIDE INC | COM | 86333M108 |  | 3686519 | 25391 | SH |  | SOLE | 0 | 0 | 0 | 25391 |
| SYNOPSYS INC | COM | 871607107 |  | 19948044 | 38909 | SH |  | SOLE | 0 | 32 | 0 | 38877 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 2050240 | 9052 | SH |  | SOLE | 0 | 0 | 0 | 9052 |
| TECNOGLASS INC | ORD SHS | G87264100 |  | 424552 | 5488 | SH |  | SOLE | 0 | 0 | 0 | 5488 |
| TESLA INC | COM | 88160R101 |  | 351967 | 1108 | SH |  | SOLE | 0 | 0 | 0 | 1108 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 2941342 | 2784 | SH |  | SOLE | 0 | 0 | 0 | 2784 |
| TOAST INC | CL A | 888787108 |  | 1696396 | 38302 | SH |  | SOLE | 0 | 0 | 0 | 38302 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 10637472 | 201582 | SH |  | SOLE | 0 | 3245 | 0 | 198337 |
| TRADEWEB MKTS INC | CL A | 892672106 |  | 2170966 | 14829 | SH |  | SOLE | 0 | 0 | 0 | 14829 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 343367 | 785 | SH |  | SOLE | 0 | 0 | 0 | 785 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 2195968 | 8208 | SH |  | SOLE | 0 | 0 | 0 | 8208 |
| UFP INDUSTRIES INC | COM | 90278Q108 |  | 248355 | 2500 | SH |  | SOLE | 0 | 0 | 0 | 2500 |
| UFP TECHNOLOGIES INC | COM | 902673102 |  | 504190 | 2065 | SH |  | SOLE | 0 | 0 | 0 | 2065 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 372663 | 656 | SH |  | SOLE | 0 | 153 | 0 | 503 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 |  | 328718 | 2446 | SH |  | SOLE | 0 | 0 | 0 | 2446 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 1598577 | 5551 | SH |  | SOLE | 0 | 0 | 0 | 5551 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 281812 | 633 | SH |  | SOLE | 0 | 0 | 0 | 633 |
| VISA INC | COM CL A | 92826C839 |  | 464492 | 1308 | SH |  | SOLE | 0 | 0 | 0 | 1308 |
| VITA COCO CO INC | COM | 92846Q107 |  | 501934 | 13904 | SH |  | SOLE | 0 | 0 | 0 | 13904 |
| VITAL FARMS INC | COM | 92847W103 |  | 483465 | 12551 | SH |  | SOLE | 0 | 0 | 0 | 12551 |
| WISDOMTREE TR | FLOATNG RAT TREA | 97717Y527 |  | 4320427 | 85876 | SH |  | SOLE | 0 | 210 | 0 | 85666 |

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