# EDGAR Filing Document

**Accession Number:** 0001730896
**File Stem:** 0001730896-25-000038
**Filing Date:** 2025-8
**Character Count:** 19535
**Document Hash:** 752314237b0108a4cd693925a0158a75
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001730896-25-000038.hdr.sgml**: 20250813

**ACCESSION NUMBER**: 0001730896-25-000038

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250813

**DATE AS OF CHANGE**: 20250812

**EFFECTIVENESS DATE**: 20250813

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund
- **CENTRAL INDEX KEY:** 0001730896

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** C3
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18387
- **FILM NUMBER:** 251208722

**BUSINESS ADDRESS:**
- **STREET 1:** LEVEL 22
- **STREET 2:** 130 LONSDALE STREET
- **CITY:** MELBOURNE
- **STATE:** C3
- **ZIP:** VIC 3000
- **BUSINESS PHONE:** 61429916934

**MAIL ADDRESS:**
- **STREET 1:** LEVEL 22
- **STREET 2:** 130 LONSDALE STREET
- **CITY:** MELBOURNE
- **STATE:** C3
- **ZIP:** VIC 3000

### 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:** United Super Pty Ltd in its capacity as Trustee for the Construction  Building Unions Superannuation Fund<br>**Address:** LEVEL 22<br>130 LONSDALE STREET<br>MELBOURNE, C3 VIC 3000

**Form 13F File Number:** 028-18387

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:** Shirlee Chan<br>**Title:** Head of Investment Risk  Compliance<br>**Phone:** 61429091964

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

Shirlee Chan  Melbourne, C3  08-12-2025<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:** 167

**Form 13F Information Table Value Total:** $2590903421

      (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 |
| ABBOTT LABS | COM | 002824100 |  | 74100155 | 544814 | SH |  | SOLE |  | 544814 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 1447836 | 7800 | SH |  | SOLE |  | 7800 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1225449 | 4100 | SH |  | SOLE |  | 4100 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 1276704 | 3300 | SH |  | SOLE |  | 3300 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 227040 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| AECOM | COM | 00766T100 |  | 880308 | 7800 | SH |  | SOLE |  | 7800 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 763836 | 5300 | SH |  | SOLE |  | 5300 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 583799 | 2900 | SH |  | SOLE |  | 2900 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 2678589 | 15100 | SH |  | SOLE |  | 15100 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 138179305 | 784085 | SH |  | SOLE |  | 784085 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 167882500 | 765224 | SH |  | SOLE |  | 765224 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 1339716 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 427950 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 90636111 | 917834 | SH |  | SOLE |  | 917834 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 76598171 | 373340 | SH |  | SOLE |  | 373340 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 750587 | 4100 | SH |  | SOLE |  | 4100 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 455104 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 557226 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 45816345 | 12342 | SH |  | SOLE |  | 12342 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 348894 | 9100 | SH |  | SOLE |  | 9100 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 288652 | 6100 | SH |  | SOLE |  | 6100 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 337962 | 4600 | SH |  | SOLE |  | 4600 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 35674464 | 73439 | SH |  | SOLE |  | 73439 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 255094 | 3800 | SH |  | SOLE |  | 3800 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 47724997 | 319060 | SH |  | SOLE |  | 319060 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 1157848 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 819333 | 17700 | SH |  | SOLE |  | 17700 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 33898336 | 122976 | SH |  | SOLE |  | 122976 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 777696 | 3200 | SH |  | SOLE |  | 3200 | 0 | 0 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 374205 | 3900 | SH |  | SOLE |  | 3900 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 |  | 784140 | 2100 | SH |  | SOLE |  | 2100 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 621136 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 224192 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 821514 | 4600 | SH |  | SOLE |  | 4600 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 929535 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 506000 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 701631 | 4900 | SH |  | SOLE |  | 4900 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 31053983 | 553054 | SH |  | SOLE |  | 553054 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 1002915 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 485184 | 5700 | SH |  | SOLE |  | 5700 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 4359758 | 61622 | SH |  | SOLE |  | 61622 | 0 | 0 |
| COCA-COLA FEMSA SAB DE CV | SPONS ADS REP | 191241108 |  | 2586851 | 26743 | SH |  | SOLE |  | 26743 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 756891 | 9700 | SH |  | SOLE |  | 9700 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 613244 | 1900 | SH |  | SOLE |  | 1900 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 31051252 | 632795 | SH |  | SOLE |  | 632795 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 46902369 | 47379 | SH |  | SOLE |  | 47379 | 0 | 0 |
| CROWN HLDGS INC | COM | 228368106 |  | 782648 | 7600 | SH |  | SOLE |  | 7600 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 242165 | 1700 | SH |  | SOLE |  | 1700 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 649780 | 5300 | SH |  | SOLE |  | 5300 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 360480 | 800 | SH |  | SOLE |  | 800 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 214194 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 848844 | 11400 | SH |  | SOLE |  | 11400 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 830760 | 16100 | SH |  | SOLE |  | 16100 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 34209290 | 437403 | SH |  | SOLE |  | 437403 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 910290 | 5700 | SH |  | SOLE |  | 5700 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 38256995 | 49077 | SH |  | SOLE |  | 49077 | 0 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 962802 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 894452 | 20600 | SH |  | SOLE |  | 20600 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 573512 | 3400 | SH |  | SOLE |  | 3400 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 679140 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| F5 INC | COM | 315616102 |  | 382616 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 24798106 | 13566 | SH |  | SOLE |  | 13566 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 675025 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 1051701 | 6100 | SH |  | SOLE |  | 6100 | 0 | 0 |
| FOX CORP | CL A COM | 35137L105 |  | 823788 | 14700 | SH |  | SOLE |  | 14700 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 46771135 | 146105 | SH |  | SOLE |  | 146105 | 0 | 0 |
| GARTNER INC | COM | 366651107 |  | 768018 | 1900 | SH |  | SOLE |  | 1900 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 4184067 | 56488 | SH |  | SOLE |  | 56488 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 317490 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 |  | 764400 | 26000 | SH |  | SOLE |  | 26000 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 1208483 | 10900 | SH |  | SOLE |  | 10900 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1557050 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 888090 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 957750 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 366640 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 1135393 | 6100 | SH |  | SOLE |  | 6100 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 449251 | 1100 | SH |  | SOLE |  | 1100 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 965412 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 211110 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 8375062 | 100686 | SH |  | SOLE |  | 100686 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 65841698 | 358869 | SH |  | SOLE |  | 358869 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 1575260 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 43337493 | 79751 | SH |  | SOLE |  | 79751 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 819468 | 5200 | SH |  | SOLE |  | 5200 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 894210 | 4100 | SH |  | SOLE |  | 4100 | 0 | 0 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 801845 | 6100 | SH |  | SOLE |  | 6100 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 366600 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1739460 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 806166 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 609705 | 8500 | SH |  | SOLE |  | 8500 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 41921129 | 430667 | SH |  | SOLE |  | 430667 | 0 | 0 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 851904 | 5400 | SH |  | SOLE |  | 5400 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 85763762 | 182795 | SH |  | SOLE |  | 182795 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 816912 | 5400 | SH |  | SOLE |  | 5400 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1018908 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 1109350 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 213822 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 946827 | 5700 | SH |  | SOLE |  | 5700 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 73295689 | 268276 | SH |  | SOLE |  | 268276 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 524736 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 611420 | 9500 | SH |  | SOLE |  | 9500 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 91285471 | 162447 | SH |  | SOLE |  | 162447 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 1025892 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 10514636 | 4023 | SH |  | SOLE |  | 4023 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 506624 | 6400 | SH |  | SOLE |  | 6400 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 163751916 | 221859 | SH |  | SOLE |  | 221859 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 822304 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 298111255 | 599327 | SH |  | SOLE |  | 599327 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 739152 | 11800 | SH |  | SOLE |  | 11800 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 43613252 | 86950 | SH |  | SOLE |  | 86950 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 882966 | 2100 | SH |  | SOLE |  | 2100 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 54695140 | 94835 | SH |  | SOLE |  | 94835 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 652766 | 7300 | SH |  | SOLE |  | 7300 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 1576407 | 28491 | SH |  | SOLE |  | 28491 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 2678260 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 529914 | 3300 | SH |  | SOLE |  | 3300 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 126851440 | 802908 | SH |  | SOLE |  | 802908 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 502849 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 749760 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 977858 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 921568 | 12400 | SH |  | SOLE |  | 12400 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 |  | 379842 | 3700 | SH |  | SOLE |  | 3700 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 247434 | 6900 | SH |  | SOLE |  | 6900 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 216896 | 6400 | SH |  | SOLE |  | 6400 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 382368 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 15673756 | 58734 | SH |  | SOLE |  | 58734 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 909602 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 516754 | 4900 | SH |  | SOLE |  | 4900 | 0 | 0 |
| PURE STORAGE INC | CL A | 74624M102 |  | 287900 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 1210376 | 7600 | SH |  | SOLE |  | 7600 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 397488 | 16900 | SH |  | SOLE |  | 16900 | 0 | 0 |
| RELIANCE INC | COM | 759509102 |  | 816140 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 44825562 | 181767 | SH |  | SOLE |  | 181767 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 877200 | 3400 | SH |  | SOLE |  | 3400 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 746912 | 6800 | SH |  | SOLE |  | 6800 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 1265496 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 41579773 | 152480 | SH |  | SOLE |  | 152480 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 255904 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 24464058 | 71249 | SH |  | SOLE |  | 71249 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 835952 | 5200 | SH |  | SOLE |  | 5200 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 576045 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 934360 | 14000 | SH |  | SOLE |  | 14000 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 927685 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 2477748 | 7800 | SH |  | SOLE |  | 7800 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 9108290 | 43870 | SH |  | SOLE |  | 43870 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 316917 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 760334 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 43856583 | 108165 | SH |  | SOLE |  | 108165 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 1173155 | 9500 | SH |  | SOLE |  | 9500 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 1095996 | 4600 | SH |  | SOLE |  | 4600 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 1049784 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 936390 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 5883405 | 63059 | SH |  | SOLE |  | 63059 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 37146893 | 119072 | SH |  | SOLE |  | 119072 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 416645 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 873730 | 6500 | SH |  | SOLE |  | 6500 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 664240 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 398071 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 98005166 | 276032 | SH |  | SOLE |  | 276032 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 368239 | 1900 | SH |  | SOLE |  | 1900 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 753660 | 3600 | SH |  | SOLE |  | 3600 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 35810655 | 366237 | SH |  | SOLE |  | 366237 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 21169227 | 264219 | SH |  | SOLE |  | 264219 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 788683 | 30700 | SH |  | SOLE |  | 30700 | 0 | 0 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 653480 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| WIX COM LTD | SHS | M98068105 |  | 348612 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 35313475 | 226441 | SH |  | SOLE |  | 226441 | 0 | 0 |

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