# EDGAR Filing Document

**Accession Number:** 0000902464
**File Stem:** 0001172661-25-004939
**Filing Date:** 2025-11
**Character Count:** 28483
**Document Hash:** 9e92ea9fc8c6891f927d1827c2a09caa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-004939.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001172661-25-004939

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GILDER GAGNON HOWE & CO LLC
- **CENTRAL INDEX KEY:** 0000902464

**ORGANIZATION NAME:**
- **EIN:** 133174112
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-03455
- **FILM NUMBER:** 251483746

**BUSINESS ADDRESS:**
- **STREET 1:** 475 10TH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 2127652500

**MAIL ADDRESS:**
- **STREET 1:** 475 10TH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GILDER GAGNON HOWE & CO
- **DATE OF NAME CHANGE:** 19930428

### 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:** GILDER GAGNON HOWE  CO LLC<br>**Address:** 475 10th Avenue<br>New York, NY 10018

**Form 13F File Number:** 028-03455

**CRD Number (if applicable):** 000002002

**SEC File Number (if applicable):** 801-65667

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:** Laura Esposito<br>**Title:** Chief Compliance Officer<br>**Phone:** 212-424-0226

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

/s/ Laura Esposito  New York, NY  11-14-2025<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:** 249

**Form 13F Information Table Value Total:** $9814410742

      (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 |
| ABIVAX SA | SPONSORED ADS | 00370M103 |  | 834058 | 9824 | SH |  | SOLE |  | 0 | 0 | 9824 |
| ACCELERANT HOLDINGS | CL A | G00894108 |  | 58045270 | 3898272 | SH |  | SOLE |  | 0 | 0 | 3898272 |
| ACM RESH INC | COM CL A | 00108J109 |  | 1970861 | 50367 | SH |  | SOLE |  | 0 | 0 | 50367 |
| AEHR TEST SYS | COM | 00760J108 |  | 9756844 | 324040 | SH |  | SOLE |  | 0 | 0 | 324040 |
| AFFIRM HLDGS INC | COM CL A | 00827B106 |  | 71214341 | 974471 | SH |  | SOLE |  | 0 | 0 | 974471 |
| AIRBNB INC | COM CL A | 009066101 |  | 53710987 | 442357 | SH |  | SOLE |  | 0 | 0 | 442357 |
| ALAMOS GOLD INC NEW | COM CL A | 011532108 |  | 11165231 | 320288 | SH |  | SOLE |  | 0 | 0 | 320288 |
| ALIGNMENT HEALTHCARE INC | COM | 01625V104 |  | 32877126 | 1884076 | SH |  | SOLE |  | 0 | 0 | 1884076 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 150170500 | 329321 | SH |  | SOLE |  | 0 | 0 | 329321 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 97316491 | 399575 | SH |  | SOLE |  | 0 | 0 | 399575 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 119865560 | 493071 | SH |  | SOLE |  | 0 | 0 | 493071 |
| AMAZON COM INC | COM | 023135106 |  | 398261991 | 1813827 | SH |  | SOLE |  | 0 | 0 | 1813827 |
| AMBIQ MICRO INC | COMMON STOCK | 023193105 |  | 2864780 | 95748 | SH |  | SOLE |  | 0 | 0 | 95748 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 11045899 | 57435 | SH |  | SOLE |  | 0 | 0 | 57435 |
| APA CORPORATION | COM | 03743Q108 |  | 1135017 | 46747 | SH |  | SOLE |  | 0 | 0 | 46747 |
| APPFOLIO INC | COM CL A | 03783C100 |  | 142723034 | 517750 | SH |  | SOLE |  | 0 | 0 | 517750 |
| APPLE INC | COM | 037833100 |  | 9552526 | 37515 | SH |  | SOLE |  | 0 | 0 | 37515 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 |  | 2236385 | 86247 | SH |  | SOLE |  | 0 | 0 | 86247 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 1838025 | 2558 | SH |  | SOLE |  | 0 | 0 | 2558 |
| ARCUTIS BIOTHERAPEUTICS INC | COM | 03969K108 |  | 83488686 | 4429108 | SH |  | SOLE |  | 0 | 0 | 4429108 |
| ARGENX SE | SPONSORED ADR | 04016X101 |  | 2786870 | 3779 | SH |  | SOLE |  | 0 | 0 | 3779 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 122691900 | 842028 | SH |  | SOLE |  | 0 | 0 | 842028 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 49247998 | 348067 | SH |  | SOLE |  | 0 | 0 | 348067 |
| ASANA INC | CL A | 04342Y104 |  | 1293849 | 96845 | SH |  | SOLE |  | 0 | 0 | 96845 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 1786206 | 2489 | SH |  | SOLE |  | 0 | 0 | 2489 |
| BBB FOODS INC | CL A COM | G0896C103 |  | 68712817 | 2548695 | SH |  | SOLE |  | 0 | 0 | 2548695 |
| BERKLEY W R CORP | COM | 084423102 |  | 18564796 | 242297 | SH |  | SOLE |  | 0 | 0 | 242297 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2151224 | 4279 | SH |  | SOLE |  | 0 | 0 | 4279 |
| BETA BIONICS INC | COM | 08659B102 |  | 3231836 | 162649 | SH |  | SOLE |  | 0 | 0 | 162649 |
| BILL HOLDINGS INC | COM | 090043100 |  | 1708388 | 32252 | SH |  | SOLE |  | 0 | 0 | 32252 |
| BIONTECH SE | SPONSORED ADS | 09075V102 |  | 16654009 | 168871 | SH |  | SOLE |  | 0 | 0 | 168871 |
| BIRKENSTOCK HOLDING PLC | COM SHS | M2029K104 |  | 267609 | 5914 | SH |  | SOLE |  | 0 | 0 | 5914 |
| BLACK ROCK COFFEE BAR INC | CL A | 092244102 |  | 33669490 | 1411127 | SH |  | SOLE |  | 0 | 0 | 1411127 |
| BLOCK INC | CL A | 852234103 |  | 2078847 | 28765 | SH |  | SOLE |  | 0 | 0 | 28765 |
| BOOT BARN HLDGS INC | COM | 099406100 |  | 60785267 | 366795 | SH |  | SOLE |  | 0 | 0 | 366795 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 107717620 | 1103325 | SH |  | SOLE |  | 0 | 0 | 1103325 |
| BRIDGEBIO PHARMA INC | COM | 10806X102 |  | 24012433 | 462311 | SH |  | SOLE |  | 0 | 0 | 462311 |
| BRIGHTVIEW HLDGS INC | COM | 10948C107 |  | 8856757 | 660952 | SH |  | SOLE |  | 0 | 0 | 660952 |
| BWX TECHNOLOGIES INC | COM | 05605H100 |  | 1470535 | 7976 | SH |  | SOLE |  | 0 | 0 | 7976 |
| CALIX INC | COM | 13100M509 |  | 55393851 | 902621 | SH |  | SOLE |  | 0 | 0 | 902621 |
| CAMPING WORLD HLDGS INC | CL A | 13462K109 |  | 8242206 | 521989 | SH |  | SOLE |  | 0 | 0 | 521989 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 538041 | 7223 | SH |  | SOLE |  | 0 | 0 | 7223 |
| CARVANA CO | CL A | 146869102 |  | 702798 | 1863 | SH |  | SOLE |  | 0 | 0 | 1863 |
| CAVA GROUP INC | COM | 148929102 |  | 4907648 | 81239 | SH |  | SOLE |  | 0 | 0 | 81239 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 50609706 | 206360 | SH |  | SOLE |  | 0 | 0 | 206360 |
| CHART INDS INC | COM | 16115Q308 |  | 35337083 | 176553 | SH |  | SOLE |  | 0 | 0 | 176553 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 587223 | 14984 | SH |  | SOLE |  | 0 | 0 | 14984 |
| CHUBB LIMITED | COM | H1467J104 |  | 16784279 | 59466 | SH |  | SOLE |  | 0 | 0 | 59466 |
| CIENA CORP | COM NEW | 171779309 |  | 5519582 | 37891 | SH |  | SOLE |  | 0 | 0 | 37891 |
| CLEAN HARBORS INC | COM | 184496107 |  | 685049 | 2950 | SH |  | SOLE |  | 0 | 0 | 2950 |
| CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 |  | 369949 | 234145 | SH |  | SOLE |  | 0 | 0 | 234145 |
| CLEAR SECURE INC | COM CL A | 18467V109 |  | 3985071 | 119385 | SH |  | SOLE |  | 0 | 0 | 119385 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 394079478 | 1836430 | SH |  | SOLE |  | 0 | 0 | 1836430 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 6614915 | 172488 | SH |  | SOLE |  | 0 | 0 | 172488 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 5951299 | 17634 | SH |  | SOLE |  | 0 | 0 | 17634 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 6092402 | 18514 | SH |  | SOLE |  | 0 | 0 | 18514 |
| CORE  MAIN INC | CL A | 21874C102 |  | 3945416 | 73294 | SH |  | SOLE |  | 0 | 0 | 73294 |
| CORE NATURAL RESOURCES INC | COM SHS | 218937100 |  | 2681294 | 32119 | SH |  | SOLE |  | 0 | 0 | 32119 |
| CORNING INC | COM | 219350105 |  | 1305425 | 15914 | SH |  | SOLE |  | 0 | 0 | 15914 |
| COSTAR GROUP INC | COM | 22160N109 |  | 23497298 | 278503 | SH |  | SOLE |  | 0 | 0 | 278503 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 7267121 | 7851 | SH |  | SOLE |  | 0 | 0 | 7851 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 40994297 | 83597 | SH |  | SOLE |  | 0 | 0 | 83597 |
| CUSTOM TRUCK ONE SOURCE INC | COM CL A | 23204X103 |  | 4107439 | 639788 | SH |  | SOLE |  | 0 | 0 | 639788 |
| CYTOKINETICS INC | COM NEW | 23282W605 |  | 21382435 | 389055 | SH |  | SOLE |  | 0 | 0 | 389055 |
| D R HORTON INC | COM | 23331A109 |  | 5640978 | 33286 | SH |  | SOLE |  | 0 | 0 | 33286 |
| DATADOG INC | CL A COM | 23804L103 |  | 1815885 | 12752 | SH |  | SOLE |  | 0 | 0 | 12752 |
| DELCATH SYS INC | COM NEW | 24661P807 |  | 385054 | 35819 | SH |  | SOLE |  | 0 | 0 | 35819 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 33172778 | 149279 | SH |  | SOLE |  | 0 | 0 | 149279 |
| DOORDASH INC | CL A | 25809K105 |  | 12457958 | 45803 | SH |  | SOLE |  | 0 | 0 | 45803 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 748972 | 20026 | SH |  | SOLE |  | 0 | 0 | 20026 |
| DUOLINGO INC | CL A COM | 26603R106 |  | 184262569 | 572528 | SH |  | SOLE |  | 0 | 0 | 572528 |
| E L F BEAUTY INC | COM | 26856L103 |  | 4977539 | 37572 | SH |  | SOLE |  | 0 | 0 | 37572 |
| ECHOSTAR CORP | CL A | 278768106 |  | 47662919 | 624187 | SH |  | SOLE |  | 0 | 0 | 624187 |
| ELBIT SYS LTD | ORD | M3760D101 |  | 56034667 | 109915 | SH |  | SOLE |  | 0 | 0 | 109915 |
| ELI LILLY  CO | COM | 532457108 |  | 4630647 | 6069 | SH |  | SOLE |  | 0 | 0 | 6069 |
| EMBRAER S.A. | SPONSORED ADS | 29082A107 |  | 143565969 | 2374954 | SH |  | SOLE |  | 0 | 0 | 2374954 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 3640672 | 5605 | SH |  | SOLE |  | 0 | 0 | 5605 |
| ENOVIX CORPORATION | COM | 293594107 |  | 6731405 | 675166 | SH |  | SOLE |  | 0 | 0 | 675166 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 1272943 | 35969 | SH |  | SOLE |  | 0 | 0 | 35969 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 1261919 | 11878 | SH |  | SOLE |  | 0 | 0 | 11878 |
| EZCORP INC | CL A NON VTG | 302301106 |  | 3459473 | 181695 | SH |  | SOLE |  | 0 | 0 | 181695 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 480377 | 2139 | SH |  | SOLE |  | 0 | 0 | 2139 |
| FERRARI N V | COM | N3167Y103 |  | 3896802 | 8031 | SH |  | SOLE |  | 0 | 0 | 8031 |
| FIGMA INC | CLASS A COM STK | 316841105 |  | 34656422 | 668140 | SH |  | SOLE |  | 0 | 0 | 668140 |
| FIGURE TECHNOLOGY SOLUTIO | COM CL A | 349381103 |  | 119015333 | 3272349 | SH |  | SOLE |  | 0 | 0 | 3272349 |
| FIRST WATCH RESTAURANT GROUP | COM | 33748L101 |  | 33560453 | 2145809 | SH |  | SOLE |  | 0 | 0 | 2145809 |
| FLOOR  DECOR HLDGS INC | CL A | 339750101 |  | 41083033 | 557436 | SH |  | SOLE |  | 0 | 0 | 557436 |
| FRANCO NEV CORP | COM | 351858105 |  | 77705534 | 348596 | SH |  | SOLE |  | 0 | 0 | 348596 |
| FRESHPET INC | COM | 358039105 |  | 64966300 | 1178848 | SH |  | SOLE |  | 0 | 0 | 1178848 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 23254277 | 139364 | SH |  | SOLE |  | 0 | 0 | 139364 |
| FTAI INFRASTRUCTURE INC | COMMON STOCK | 35953C106 |  | 1924753 | 441457 | SH |  | SOLE |  | 0 | 0 | 441457 |
| GAP INC | COM | 364760108 |  | 81636347 | 3816566 | SH |  | SOLE |  | 0 | 0 | 3816566 |
| GARRETT MOTION INC | COM | 366505105 |  | 343238 | 25201 | SH |  | SOLE |  | 0 | 0 | 25201 |
| GE AEROSPACE | COM NEW | 369604301 |  | 36600469 | 121669 | SH |  | SOLE |  | 0 | 0 | 121669 |
| GE VERNOVA INC | COM | 36828A101 |  | 15100714 | 24558 | SH |  | SOLE |  | 0 | 0 | 24558 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 2800086 | 25226 | SH |  | SOLE |  | 0 | 0 | 25226 |
| GLAUKOS CORP | COM | 377322102 |  | 27281111 | 334532 | SH |  | SOLE |  | 0 | 0 | 334532 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 2621801 | 64880 | SH |  | SOLE |  | 0 | 0 | 64880 |
| GRAIL INC | COM | 384747101 |  | 1034657 | 17498 | SH |  | SOLE |  | 0 | 0 | 17498 |
| GRINDR INC | COM | 39854F101 |  | 645680 | 42988 | SH |  | SOLE |  | 0 | 0 | 42988 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 23836199 | 697781 | SH |  | SOLE |  | 0 | 0 | 697781 |
| HEARTFLOW INC | COM | 42238D107 |  | 4017624 | 119359 | SH |  | SOLE |  | 0 | 0 | 119359 |
| HEICO CORP NEW | CL A | 422806208 |  | 7385786 | 29068 | SH |  | SOLE |  | 0 | 0 | 29068 |
| HEICO CORP NEW | COM | 422806109 |  | 4607287 | 14272 | SH |  | SOLE |  | 0 | 0 | 14272 |
| HIGH TIDE INC | COM NEW | 42981E401 |  | 1715015 | 472456 | SH |  | SOLE |  | 0 | 0 | 472456 |
| HIMS  HERS HEALTH INC | COM CL A | 433000106 |  | 8796535 | 155087 | SH |  | SOLE |  | 0 | 0 | 155087 |
| HINGE HEALTH INC | CL A | 433313103 |  | 10076468 | 205307 | SH |  | SOLE |  | 0 | 0 | 205307 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 1936986 | 9871 | SH |  | SOLE |  | 0 | 0 | 9871 |
| HUBSPOT INC | COM | 443573100 |  | 80365622 | 171795 | SH |  | SOLE |  | 0 | 0 | 171795 |
| I-80 GOLD CORP | COM | 44955L106 |  | 1084381 | 1135002 | SH |  | SOLE |  | 0 | 0 | 1135002 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 30826843 | 1019743 | SH |  | SOLE |  | 0 | 0 | 1019743 |
| IMMUNOME INC | COM | 45257U108 |  | 1558742 | 133112 | SH |  | SOLE |  | 0 | 0 | 133112 |
| IMPINJ INC | COM | 453204109 |  | 4567372 | 25269 | SH |  | SOLE |  | 0 | 0 | 25269 |
| INSPIRE MED SYS INC | COM | 457730109 |  | 1305920 | 17600 | SH |  | SOLE |  | 0 | 0 | 17600 |
| INTL GNRL INSURANCE HLDNGS L | SHS | G4809J106 |  | 28780389 | 1240534 | SH |  | SOLE |  | 0 | 0 | 1240534 |
| INTUITIVE MACHINES INC | CLASS A COM | 46125A100 |  | 1781436 | 169338 | SH |  | SOLE |  | 0 | 0 | 169338 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 215035934 | 480817 | SH |  | SOLE |  | 0 | 0 | 480817 |
| IRIDIUM COMMUNICATIONS INC | COM | 46269C102 |  | 1113459 | 63772 | SH |  | SOLE |  | 0 | 0 | 63772 |
| JANUX THERAPEUTICS INC | COM | 47103J105 |  | 934952 | 38255 | SH |  | SOLE |  | 0 | 0 | 38255 |
| JOBY AVIATION INC | COMMON STOCK | G65163100 |  | 974856 | 60400 | SH |  | SOLE |  | 0 | 0 | 60400 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 5570178 | 17659 | SH |  | SOLE |  | 0 | 0 | 17659 |
| KLARNA GROUP PLC | SHS | G5279N105 |  | 3523568 | 96141 | SH |  | SOLE |  | 0 | 0 | 96141 |
| KNIFE RIVER CORP | COMMON STOCK | 498894104 |  | 15445604 | 200932 | SH |  | SOLE |  | 0 | 0 | 200932 |
| KORNIT DIGITAL LTD | SHS | M6372Q113 |  | 6643152 | 492085 | SH |  | SOLE |  | 0 | 0 | 492085 |
| KRATOS DEFENSE  SEC SOLUTIO | COM NEW | 50077B207 |  | 24934233 | 272893 | SH |  | SOLE |  | 0 | 0 | 272893 |
| KYMERA THERAPEUTICS INC | COM | 501575104 |  | 13963446 | 246704 | SH |  | SOLE |  | 0 | 0 | 246704 |
| LATTICE SEMICONDUCTOR CORP | COM | 518415104 |  | 648662 | 8847 | SH |  | SOLE |  | 0 | 0 | 8847 |
| LENNAR CORP | CL A | 526057104 |  | 3676965 | 29173 | SH |  | SOLE |  | 0 | 0 | 29173 |
| LGI HOMES INC | COM | 50187T106 |  | 9792986 | 189383 | SH |  | SOLE |  | 0 | 0 | 189383 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S C | 531229755 |  | 7980711 | 76407 | SH |  | SOLE |  | 0 | 0 | 76407 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 15406496 | 94287 | SH |  | SOLE |  | 0 | 0 | 94287 |
| LOAR HOLDINGS INC | COM SHS | 53947R105 |  | 38016319 | 475204 | SH |  | SOLE |  | 0 | 0 | 475204 |
| LOEWS CORP | COM | 540424108 |  | 416719 | 4151 | SH |  | SOLE |  | 0 | 0 | 4151 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 88484229 | 265966 | SH |  | SOLE |  | 0 | 0 | 265966 |
| MADISON SQUARE GRDN SPRT COR | CL A | 55825T103 |  | 8660050 | 38150 | SH |  | SOLE |  | 0 | 0 | 38150 |
| MADRIGAL PHARMACEUTICALS INC | COM | 558868105 |  | 14148744 | 30848 | SH |  | SOLE |  | 0 | 0 | 30848 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 16501936 | 691325 | SH |  | SOLE |  | 0 | 0 | 691325 |
| MAMAS CREATIONS INC | COM | 56146T103 |  | 2601814 | 247556 | SH |  | SOLE |  | 0 | 0 | 247556 |
| MARQETA INC | CLASS A COM | 57142B104 |  | 3303300 | 625625 | SH |  | SOLE |  | 0 | 0 | 625625 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 49442693 | 78446 | SH |  | SOLE |  | 0 | 0 | 78446 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 18748595 | 32961 | SH |  | SOLE |  | 0 | 0 | 32961 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 129191320 | 55282 | SH |  | SOLE |  | 0 | 0 | 55282 |
| META PLATFORMS INC | CL A | 30303M102 |  | 309190991 | 421023 | SH |  | SOLE |  | 0 | 0 | 421023 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 85242847 | 509460 | SH |  | SOLE |  | 0 | 0 | 509460 |
| MICROSOFT CORP | COM | 594918104 |  | 87984235 | 169870 | SH |  | SOLE |  | 0 | 0 | 169870 |
| MONGODB INC | CL A | 60937P106 |  | 35714961 | 115069 | SH |  | SOLE |  | 0 | 0 | 115069 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 383037 | 5711 | SH |  | SOLE |  | 0 | 0 | 5711 |
| MURPHY USA INC | COM | 626755102 |  | 4021209 | 10357 | SH |  | SOLE |  | 0 | 0 | 10357 |
| NATERA INC | COM | 632307104 |  | 154369805 | 958997 | SH |  | SOLE |  | 0 | 0 | 958997 |
| NATIONAL VISION HLDGS INC | COM | 63845R107 |  | 3295726 | 112906 | SH |  | SOLE |  | 0 | 0 | 112906 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 117795705 | 1049218 | SH |  | SOLE |  | 0 | 0 | 1049218 |
| NEKTAR THERAPEUTICS | COM NEW | 640268306 |  | 12792713 | 224828 | SH |  | SOLE |  | 0 | 0 | 224828 |
| NETFLIX INC | COM | 64110L106 |  | 538307878 | 448994 | SH |  | SOLE |  | 0 | 0 | 448994 |
| NETSKOPE INC | CL A | 64119N608 |  | 5727392 | 251975 | SH |  | SOLE |  | 0 | 0 | 251975 |
| NEW PAC METALS CORP | COM | 64782A107 |  | 449860 | 166000 | SH |  | SOLE |  | 0 | 0 | 166000 |
| NEW YORK TIMES CO | CL A | 650111107 |  | 79465278 | 1384413 | SH |  | SOLE |  | 0 | 0 | 1384413 |
| NEWAMSTERDAM PHARMA COMPANY | ORDINARY SHARES | N62509109 |  | 1034761 | 36384 | SH |  | SOLE |  | 0 | 0 | 36384 |
| NEXTNAV INC | COMMON STOCK | 65345N106 |  | 2775659 | 194102 | SH |  | SOLE |  | 0 | 0 | 194102 |
| NIOCORP DEVS LTD | COM NEW | 654484609 |  | 1464483 | 219234 | SH |  | SOLE |  | 0 | 0 | 219234 |
| NU HLDGS LTD | ORD SHS CL A | G6683N103 |  | 5181316 | 323630 | SH |  | SOLE |  | 0 | 0 | 323630 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 504350279 | 2703132 | SH |  | SOLE |  | 0 | 0 | 2703132 |
| OMADA HEALTH INC | COM | 68170A108 |  | 1220826 | 55216 | SH |  | SOLE |  | 0 | 0 | 55216 |
| ON HLDG AG | NAMEN AKT A | H5919C104 |  | 4636986 | 109492 | SH |  | SOLE |  | 0 | 0 | 109492 |
| ONEWATER MARINE INC | CL A COM | 68280L101 |  | 13579046 | 857263 | SH |  | SOLE |  | 0 | 0 | 857263 |
| OPTION CARE HEALTH INC | COM NEW | 68404L201 |  | 22859749 | 823478 | SH |  | SOLE |  | 0 | 0 | 823478 |
| OSCAR HEALTH INC | CL A | 687793109 |  | 26907189 | 1421405 | SH |  | SOLE |  | 0 | 0 | 1421405 |
| OUSTER INC | COM NEW | 68989M202 |  | 3550799 | 131268 | SH |  | SOLE |  | 0 | 0 | 131268 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 52165735 | 285965 | SH |  | SOLE |  | 0 | 0 | 285965 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 6314733 | 163045 | SH |  | SOLE |  | 0 | 0 | 163045 |
| PARAMOUNT SKYDANCE CORP | COM CL B | 69932A204 |  | 3189401 | 168573 | SH |  | SOLE |  | 0 | 0 | 168573 |
| PENSKE AUTOMOTIVE GRP INC | COM | 70959W103 |  | 7264829 | 41774 | SH |  | SOLE |  | 0 | 0 | 41774 |
| PHATHOM PHARMACEUTICALS INC | COM | 71722W107 |  | 1042139 | 88542 | SH |  | SOLE |  | 0 | 0 | 88542 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 824463 | 5083 | SH |  | SOLE |  | 0 | 0 | 5083 |
| PLANET LABS PBC | COM CL A | 72703X106 |  | 668016 | 51465 | SH |  | SOLE |  | 0 | 0 | 51465 |
| POOL CORP | COM | 73278L105 |  | 89061406 | 287230 | SH |  | SOLE |  | 0 | 0 | 287230 |
| PORCH GROUP INC | COM | 733245104 |  | 62575405 | 3729166 | SH |  | SOLE |  | 0 | 0 | 3729166 |
| PROCORE TECHNOLOGIES INC | COM | 74275K108 |  | 75754109 | 1038866 | SH |  | SOLE |  | 0 | 0 | 1038866 |
| PURECYCLE TECHNOLOGIES INC | COM | 74623V103 |  | 1061218 | 80701 | SH |  | SOLE |  | 0 | 0 | 80701 |
| QUANTA SVCS INC | COM | 74762E102 |  | 163807172 | 395269 | SH |  | SOLE |  | 0 | 0 | 395269 |
| QXO INC | COM NEW | 82846H405 |  | 110326618 | 5788385 | SH |  | SOLE |  | 0 | 0 | 5788385 |
| RADNET INC | COM | 750491102 |  | 3994928 | 52420 | SH |  | SOLE |  | 0 | 0 | 52420 |
| REDDIT INC | CL A | 75734B100 |  | 13669916 | 59437 | SH |  | SOLE |  | 0 | 0 | 59437 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 52631309 | 3585239 | SH |  | SOLE |  | 0 | 0 | 3585239 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 89103491 | 622318 | SH |  | SOLE |  | 0 | 0 | 622318 |
| ROBLOX CORP | CL A | 771049103 |  | 236802156 | 1709516 | SH |  | SOLE |  | 0 | 0 | 1709516 |
| ROCKET LAB CORP | COM | 773121108 |  | 1093498 | 22824 | SH |  | SOLE |  | 0 | 0 | 22824 |
| ROIVANT SCIENCES LTD | SHS | G76279101 |  | 7503829 | 495957 | SH |  | SOLE |  | 0 | 0 | 495957 |
| ROKU INC | COM CL A | 77543R102 |  | 96696668 | 965711 | SH |  | SOLE |  | 0 | 0 | 965711 |
| ROOT INC | CL A NEW | 77664L207 |  | 623258 | 6963 | SH |  | SOLE |  | 0 | 0 | 6963 |
| RUBRIK INC. | CL A | 781154109 |  | 15810342 | 192223 | SH |  | SOLE |  | 0 | 0 | 192223 |
| SAMSARA INC | COM CL A | 79589L106 |  | 1978869 | 53124 | SH |  | SOLE |  | 0 | 0 | 53124 |
| SANA BIOTECHNOLOGY INC | COM | 799566104 |  | 324963 | 91539 | SH |  | SOLE |  | 0 | 0 | 91539 |
| SERVICENOW INC | COM | 81762P102 |  | 9633491 | 10468 | SH |  | SOLE |  | 0 | 0 | 10468 |
| SERVICETITAN INC | SHS CL A | 81764X103 |  | 61695860 | 611880 | SH |  | SOLE |  | 0 | 0 | 611880 |
| SHAKE SHACK INC | CL A | 819047101 |  | 122284956 | 1306324 | SH |  | SOLE |  | 0 | 0 | 1306324 |
| SHARKNINJA INC | COM SHS | G8068L108 |  | 104822577 | 1016215 | SH |  | SOLE |  | 0 | 0 | 1016215 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 7036696 | 20322 | SH |  | SOLE |  | 0 | 0 | 20322 |
| SHIFT4 PMTS INC | CL A | 82452J109 |  | 2657374 | 34333 | SH |  | SOLE |  | 0 | 0 | 34333 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 343951403 | 2314457 | SH |  | SOLE |  | 0 | 0 | 2314457 |
| SIRIUSPOINT LTD | COM | G8192H106 |  | 61706347 | 3411075 | SH |  | SOLE |  | 0 | 0 | 3411075 |
| SITEONE LANDSCAPE SUPPLY INC | COM | 82982L103 |  | 35879185 | 278565 | SH |  | SOLE |  | 0 | 0 | 278565 |
| SITIME CORP | COM | 82982T106 |  | 116098660 | 385313 | SH |  | SOLE |  | 0 | 0 | 385313 |
| SKYWARD SPECIALTY INS GROUP | COM | 830940102 |  | 4517915 | 94994 | SH |  | SOLE |  | 0 | 0 | 94994 |
| SMITH DOUGLAS HOMES CORP | COM SHS CL A | 83207R107 |  | 4022595 | 227780 | SH |  | SOLE |  | 0 | 0 | 227780 |
| SNAP INC | CL A | 83304A106 |  | 206088 | 26730 | SH |  | SOLE |  | 0 | 0 | 26730 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 18482469 | 81944 | SH |  | SOLE |  | 0 | 0 | 81944 |
| SOLARIS ENERGY INFRAS INC | COM CL A | 83418M103 |  | 10410306 | 260453 | SH |  | SOLE |  | 0 | 0 | 260453 |
| SPIRE GLOBAL INC | COM CL A NEW | 848560306 |  | 1283665 | 116803 | SH |  | SOLE |  | 0 | 0 | 116803 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 98732798 | 141451 | SH |  | SOLE |  | 0 | 0 | 141451 |
| SPROUTS FMRS MKT INC | COM | 85208M102 |  | 57908832 | 532250 | SH |  | SOLE |  | 0 | 0 | 532250 |
| STOKE THERAPEUTICS INC | COM | 86150R107 |  | 3646401 | 155166 | SH |  | SOLE |  | 0 | 0 | 155166 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 6508103 | 155659 | SH |  | SOLE |  | 0 | 0 | 155659 |
| SWEETGREEN INC | COM CL A | 87043Q108 |  | 1350870 | 169282 | SH |  | SOLE |  | 0 | 0 | 169282 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 18578092 | 66519 | SH |  | SOLE |  | 0 | 0 | 66519 |
| TALEN ENERGY CORP | COM | 87422Q109 |  | 55425738 | 130297 | SH |  | SOLE |  | 0 | 0 | 130297 |
| TAMBORAN RES CORP | COM | 87507T101 |  | 7711741 | 281656 | SH |  | SOLE |  | 0 | 0 | 281656 |
| TAPESTRY INC | COM | 876030107 |  | 6638994 | 58638 | SH |  | SOLE |  | 0 | 0 | 58638 |
| TEMPUS AI INC | CL A | 88023B103 |  | 62794640 | 778028 | SH |  | SOLE |  | 0 | 0 | 778028 |
| TESLA INC | COM | 88160R101 |  | 334668928 | 752539 | SH |  | SOLE |  | 0 | 0 | 752539 |
| TEXAS ROADHOUSE INC | COM | 882681109 |  | 30678933 | 184646 | SH |  | SOLE |  | 0 | 0 | 184646 |
| TG THERAPEUTICS INC | COM | 88322Q108 |  | 2577916 | 71361 | SH |  | SOLE |  | 0 | 0 | 71361 |
| THREDUP INC | CL A | 88556E102 |  | 12098249 | 1280238 | SH |  | SOLE |  | 0 | 0 | 1280238 |
| TKO GROUP HOLDINGS INC | CL A | 87256C101 |  | 143960723 | 712818 | SH |  | SOLE |  | 0 | 0 | 712818 |
| TOAST INC | CL A | 888787108 |  | 167426098 | 4585760 | SH |  | SOLE |  | 0 | 0 | 4585760 |
| TOWER SEMICONDUCTOR LTD | SHS NEW | M87915274 |  | 34991971 | 483983 | SH |  | SOLE |  | 0 | 0 | 483983 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 18378207 | 13944 | SH |  | SOLE |  | 0 | 0 | 13944 |
| TRANSMEDICS GROUP INC | COM | 89377M109 |  | 805035 | 7175 | SH |  | SOLE |  | 0 | 0 | 7175 |
| TRISALUS LIFE SCIENCES INC | COM | 89680M101 |  | 4868824 | 1047059 | SH |  | SOLE |  | 0 | 0 | 1047059 |
| TWFG INC | COM CL A | 87318A101 |  | 6585957 | 240013 | SH |  | SOLE |  | 0 | 0 | 240013 |
| TWILIO INC | CL A | 90138F102 |  | 15177548 | 151639 | SH |  | SOLE |  | 0 | 0 | 151639 |
| ULTRAGENYX PHARMACEUTICAL IN | COM | 90400D108 |  | 3667972 | 121941 | SH |  | SOLE |  | 0 | 0 | 121941 |
| UNIQURE NV | SHS | N90064101 |  | 1989483 | 34084 | SH |  | SOLE |  | 0 | 0 | 34084 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 29832002 | 745055 | SH |  | SOLE |  | 0 | 0 | 745055 |
| UNIVERSAL TECHNICAL INST INC | COM | 913915104 |  | 16444195 | 505198 | SH |  | SOLE |  | 0 | 0 | 505198 |
| VALENS SEMICONDUCTOR LTD | ORDINARY SHARES | M9607U115 |  | 24566 | 13724 | SH |  | SOLE |  | 0 | 0 | 13724 |
| VAXCYTE INC | COM | 92243G108 |  | 581399 | 16141 | SH |  | SOLE |  | 0 | 0 | 16141 |
| VIA TRANSN INC | COM CL A | 92556W104 |  | 17067486 | 354981 | SH |  | SOLE |  | 0 | 0 | 354981 |
| VITA COCO CO INC | COM | 92846Q107 |  | 8139460 | 191652 | SH |  | SOLE |  | 0 | 0 | 191652 |
| VITAL FARMS INC | COM | 92847W103 |  | 389855 | 9474 | SH |  | SOLE |  | 0 | 0 | 9474 |
| VULCAN MATLS CO | COM | 929160109 |  | 7972588 | 25917 | SH |  | SOLE |  | 0 | 0 | 25917 |
| WALMART INC | COM | 931142103 |  | 6136295 | 59541 | SH |  | SOLE |  | 0 | 0 | 59541 |
| WARBY PARKER INC | CL A COM | 93403J106 |  | 46009618 | 1668224 | SH |  | SOLE |  | 0 | 0 | 1668224 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 5906047 | 52808 | SH |  | SOLE |  | 0 | 0 | 52808 |
| WILLSCOT HLDGS CORP | COM CL A | 971378104 |  | 1750399 | 82918 | SH |  | SOLE |  | 0 | 0 | 82918 |
| WINGSTOP INC | COM | 974155103 |  | 1024589 | 4071 | SH |  | SOLE |  | 0 | 0 | 4071 |
| WOODWARD INC | COM | 980745103 |  | 12081307 | 47807 | SH |  | SOLE |  | 0 | 0 | 47807 |
| XOMETRY INC | CLASS A COM | 98423F109 |  | 52716665 | 967811 | SH |  | SOLE |  | 0 | 0 | 967811 |
| ZEVIA PBC | CL A | 98955K104 |  | 420137 | 154462 | SH |  | SOLE |  | 0 | 0 | 154462 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 11984665 | 155544 | SH |  | SOLE |  | 0 | 0 | 155544 |

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