APG Asset Management N.V.

Name: APG Asset Management N.V. 13F holdings, Q4 2025
Creator: APG Asset Management N.V.
Published: 2026-02-12

Q2 2026Q1 2026Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), APG Asset Management N.V. reported 540 stock positions worth $35.2 billion. Its top holding was Nvidia (NVDA) at 8.5% of the portfolio, followed by Microsoft (MSFT, 7.8%) and Apple (AAPL, 6.6%). Compared with Q3 2025, it opened 40 new positions, sold out of 28, added to 58 and reduced 436. The biggest buy was a new position in Berkshire Hathaway Class B (BRK.B) and the biggest sale Transunion (TRU, shares −97%).

Most Recent 13F: Q2 2026
Location: Amsterdam, P7
CIK: 0001434819
Portfolio Value: $35.2B (Q4 2025)
SEC Filing: 0001434819-26-000003 ↗ filed Feb 12, 2026

Holdings Value

Holdings 540 stocks · $35.2B


NVDA Nvidia Corp.	8.53%	18,921,916	$3.0B	Reduce -2.3%
MSFT Microsoft Corp.	7.82%	6,689,748	$2.8B	Reduce -1.2%
AAPL Apple Inc.	6.57%	10,003,258	$2.3B	Reduce -4.5%
AVGO Broadcom Inc.	4.38%	5,235,782	$1.5B	Reduce -5.1%
AMZN Amazon.com Inc.	4.11%	7,377,029	$1.4B	Reduce -3.5%
LLY Eli Lilly & Co.	2.27%	875,529	$801.2M	Add +0.1%
JPM JPMorgan Chase & Co.	2.25%	2,886,209	$791.9M	Add +6.1%
MA Mastercard Inc. Class A	1.82%	1,317,569	$640.4M	Add +33.5%
COST Costco Wholesale Corp.	1.40%	671,883	$493.3M	Add +61.9%
TMO Thermo Fisher Scientific Inc.	1.27%	906,926	$447.5M	Add +6.9%
CDNS Cadence Design SYS Inc.	1.05%	1,392,940	$370.7M	Reduce -1.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.99%	2,675,095	$349.9M	Add +52.3%
FERG Ferguson Enterprises Inc.	0.99%	1,831,166	$347.1M	Reduce -9.8%
ISRG Intuitive Surgical Inc.	0.94%	686,524	$331.1M	Reduce -1.7%
V Visa Inc. Class A	0.90%	1,065,885	$318.3M	Reduce -29.8%
PGR Progressive Corp.	0.90%	1,631,992	$316.4M	Add +201.2%
BRK.B Berkshire Hathaway Inc. Class B	0.89%	736,280	$315.1M	New
ANET Arista Networks Inc.	0.81%	2,552,884	$284.8M	Add +101.7%
WST West Pharmaceutical Services	0.80%	1,199,005	$280.9M	Reduce -15.2%
SYK Stryker Corp.	0.79%	931,009	$278.6M	Reduce -1.3%
ROL Rollins Inc.	0.76%	5,261,697	$268.9M	Reduce -27.9%
FITB Fifth Third Bancorp	0.75%	6,603,934	$263.2M	Add +1066.0%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO	0.74%	1,182,859	$260.6M	Reduce -1.3%
TYL Tyler Technologies Inc.	0.72%	660,404	$255.3M	Reduce -6.4%
MCO Moody's Corp.	0.70%	568,997	$247.5M	Add +148.5%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC	0.69%	1,563,234	$242.9M	Reduce -20.1%
LPLA LPL Financial Holdings Inc.	0.64%	743,717	$226.2M	Reduce -3.1%
WMT Walmart Inc.	0.63%	2,336,451	$221.6M	Reduce -21.3%
ABBV Abbvie Inc.	0.62%	1,131,594	$220.2M	Reduce -7.3%
STE Steris PLC	0.62%	1,014,348	$219.0M	Reduce -29.0%
CBRE CBRE Group Inc. Class A	0.62%	1,594,808	$218.3M	Add +622.1%
IR Ingersoll-Rand Inc.	0.58%	3,029,271	$204.3M	Add +24.5%
MSA Msa Safety Inc.	0.58%	1,497,591	$204.2M	Reduce -8.8%
NFLX Netflix Inc.	0.57%	2,533,071	$202.2M	New
HD Home Depot Inc.	0.55%	663,260	$194.3M	Reduce -10.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.55%	4,128,340	$193.3M	Reduce -34.9%
PG The Procter & Gamble Co.	0.54%	1,561,149	$190.5M	Reduce -16.1%
GE General Electric filed as GE AEROSPACE	0.52%	698,382	$183.2M	Reduce -15.2%
ORCL Oracle Corp.	0.50%	1,065,555	$176.8M	Reduce -8.4%
TSCO Tractor Supply Company	0.50%	4,147,916	$176.6M	Reduce -4.2%
AMD Advanced Micro Devices	0.48%	923,838	$168.5M	Reduce -5.5%
BR Broadridge Financial Solutio	0.48%	884,264	$168.0M	Reduce -40.8%
APH Amphenol Corp. Class A	0.47%	1,426,556	$164.1M	Reduce -5.5%
MU Micron Technology Inc.	0.45%	652,641	$158.6M	Reduce -3.6%
UNH Unitedhealth Group Inc.	0.44%	556,010	$156.3M	Reduce -6.4%
ZBRA Zebra Technologies Corp. Class A	0.42%	718,804	$148.6M	Reduce -8.0%
MRK Merck & Co. Inc.	0.42%	1,652,949	$148.1M	Reduce -7.2%
CSCO Cisco Systems Inc.	0.42%	2,254,086	$147.8M	Reduce -9.2%
WFC Wells Fargo & Co.	0.41%	1,815,022	$144.0M	New
CRM Salesforce Inc.	0.39%	608,365	$137.2M	Reduce -2.6%
KO The Coca-Cola Co.	0.39%	2,295,676	$136.7M	New
LIN Linde PLC	0.37%	360,951	$131.0M	Reduce -10.1%
GS Goldman Sachs Group Inc.	0.37%	172,544	$129.1M	Reduce -29.4%
RY Royal Bank of Canada	0.35%	847,164	$123.1M	Reduce -7.9%
PEP Pepsico Inc.	0.33%	956,324	$116.9M	Reduce -14.3%
AMGN Amgen Inc.	0.33%	413,147	$115.1M	Reduce -6.1%
INTU Intuit Inc.	0.31%	191,833	$108.2M	Add +3.8%
LRCX Lam Research Corp.	0.31%	737,498	$107.5M	Reduce -7.3%
MS Morgan Stanley	0.30%	703,634	$106.4M	Reduce -22.4%
VZ Verizon Communications Inc.	0.30%	2,999,430	$104.0M	Reduce -35.2%
GILD Gilead Sciences Inc.	0.29%	982,485	$102.7M	Reduce -6.9%
AXP American Express Co.	0.28%	318,731	$100.4M	Reduce -11.1%
AMAT Applied Materials Inc.	0.28%	448,342	$98.1M	Reduce -7.8%
SHOP Shopify Inc. Class A	0.28%	713,526	$97.8M	Reduce -3.5%
ABT Abbott Laboratories	0.27%	907,826	$96.8M	Reduce -9.3%
MCD McDonald's Corp.	0.27%	372,075	$96.8M	Reduce -9.3%
C Citigroup Inc.	0.27%	955,539	$94.9M	Reduce -30.0%
T AT&T Inc.	0.26%	4,391,840	$92.9M	Reduce -35.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.26%	934,327	$90.5M	Reduce -28.8%
APP AppLovin Corp. Class A	0.26%	157,518	$90.4M	Add +2182.9%
SCHW Schwab (charles) Corp.	0.25%	1,046,112	$89.0M	Reduce -10.0%
QCOM Qualcomm Inc.	0.25%	610,888	$89.0M	Reduce -5.8%
ACN Accenture PLC Class A	0.25%	386,093	$88.2M	Reduce -4.2%
BLK BlackRock Inc.	0.24%	94,686	$86.3M	Reduce -9.6%
MCK McKesson Corp.	0.24%	123,185	$86.0M	Reduce -6.6%
UBER Uber Technologies Inc.	0.24%	1,218,572	$84.8M	Reduce -7.3%
NEE Nextera Energy Inc.	0.24%	1,234,483	$84.4M	Reduce -37.9%
KLAC KLA Corp.	0.23%	79,859	$82.6M	Reduce -6.0%
COF Capital One Financial Corp.	0.23%	396,650	$81.9M	Reduce -4.9%
NOW ServiceNow Inc.	0.23%	626,043	$81.7M	Reduce -5.0%
TXN Texas Instruments Inc.	0.23%	544,343	$80.4M	Reduce -9.1%
BSX Boston Scientific Corp.	0.23%	989,579	$80.3M	Reduce -6.7%
ADBE Adobe Inc.	0.22%	260,125	$77.5M	Reduce -6.0%
DHR Danaher Corp.	0.22%	388,951	$75.8M	Reduce -4.8%
INTC Intel Corp.	0.21%	2,403,518	$75.5M	Reduce -34.6%
PANW Palo Alto Networks Inc.	0.21%	481,095	$75.5M	Reduce -4.5%
WM Waste Management Inc.	0.21%	402,429	$75.3M	Reduce -8.7%
CL Colgate-Palmolive Co.	0.21%	1,096,750	$73.8M	Reduce -9.2%
VRTX Vertex Pharmaceuticals Inc.	0.21%	188,385	$72.7M	Reduce -6.1%
TMUS T-Mobile US Inc.	0.21%	420,312	$72.7M	Reduce -27.9%
CB Chubb Ltd.	0.20%	271,204	$72.1M	Reduce -16.5%
LOW Lowe's Cos Inc.	0.20%	343,600	$70.6M	Reduce -8.8%
SPGI S&P Global Inc.	0.20%	158,560	$70.6M	Reduce -26.8%
UNP Union Pacific Corp.	0.20%	352,613	$69.5M	Reduce -1.6%
PLD Prologis Inc.	0.19%	615,132	$66.9M	Reduce -8.4%
BMY Bristol-Myers Squibb Co.	0.19%	1,449,814	$66.6M	Reduce -6.6%
SNPS Synopsys Inc.	0.18%	158,877	$63.5M	Reduce -3.4%
PFE Pfizer Inc.	0.18%	2,941,199	$62.4M	Reduce -16.0%
DE Deere & Co.	0.18%	156,142	$61.9M	Reduce -12.0%
ETN Eaton Corp. PLC	0.17%	227,130	$61.6M	Reduce -9.9%
MDT Medtronic PLC	0.17%	738,740	$60.4M	Reduce -6.2%
GLW Corning Inc.	0.17%	807,483	$60.2M	Reduce -5.4%
CRWD CrowdStrike Holdings Inc. Class A	0.17%	150,669	$60.1M	Reduce -3.3%
PH Parker Hannifin Corp.	0.17%	79,936	$59.8M	Reduce -8.7%
ADI Analog Devices Inc.	0.17%	257,516	$59.5M	Reduce -7.6%
DUK Duke Energy Corp.	0.17%	584,995	$58.4M	Reduce -33.0%
MRSH Marsh & McLennan Cos	0.16%	367,491	$58.1M	Reduce -8.0%
WELL Welltower Inc.	0.16%	364,974	$57.7M	Reduce -4.8%
ADP Automatic Data Processing	0.16%	260,316	$57.0M	Reduce -9.6%
HCA HCA Healthcare Inc.	0.16%	143,096	$56.9M	Reduce -10.3%
CME Cme Group Inc.	0.16%	242,415	$56.4M	Reduce -7.1%
SO The Southern Co.	0.16%	754,785	$56.0M	Reduce -34.4%
CEG Constellation Energy	0.16%	185,970	$55.9M	Reduce -4.6%
NEM Newmont Corp.	0.15%	629,281	$53.5M	Reduce -41.6%
ELV Elevance Health Inc.	0.15%	179,228	$53.5M	Reduce -6.7%
MELI MercadoLibre Inc.	0.15%	30,980	$53.1M	Reduce -5.4%
TEL Te Connectivity PLC	0.15%	267,658	$51.8M	Reduce -6.1%
KKR KKR & Co. Inc.	0.15%	475,126	$51.6M	Reduce -7.7%
AZO AutoZone Inc.	0.15%	17,771	$51.3M	Reduce -9.6%
ROP Roper Technologies Inc.	0.14%	133,283	$50.5M	Reduce -6.1%
NXPI NXP Semiconductors NV	0.14%	272,227	$50.3M	Add +6.4%
BX Blackstone Inc.	0.14%	382,454	$50.2M	Reduce -6.8%
ICE Intercontinental Exchange Inc.	0.14%	358,509	$49.4M	Reduce -8.9%
CVS CVS Health Corp.	0.14%	730,176	$49.3M	Reduce -5.6%
ECL Ecolab Inc.	0.14%	218,870	$48.9M	Reduce -69.1%
CMCSA Comcast Corp. Class A	0.14%	1,910,521	$48.6M	Reduce -14.7%
REGN Regeneron Pharmaceuticals	0.13%	71,064	$46.7M	Reduce -8.3%
USB US Bancorp	0.13%	1,022,491	$46.5M	Reduce -21.9%
RSG Republic Services Inc.	0.13%	254,023	$45.8M	Reduce -8.9%
TT Trane Technologies PLC	0.13%	135,143	$44.8M	Reduce -9.4%
ORLY O'reilly Automotive Inc.	0.13%	567,732	$44.1M	Reduce -8.2%
AMT American Tower Corp.	0.12%	292,792	$43.8M	Reduce -8.0%
CAH Cardinal Health Inc.	0.12%	248,680	$43.5M	Reduce -25.9%
AEM Agnico Eagle Mines Ltd.	0.12%	299,021	$43.2M	Reduce -29.7%
SPOT Spotify Technology SA	0.12%	87,309	$43.2M	Reduce -8.9%
CTAS Cintas Corp.	0.12%	269,052	$43.1M	Reduce -4.3%
DASH DoorDash Inc. Class A	0.12%	222,143	$42.8M	Reduce -2.0%
CI The Cigna Group	0.12%	180,057	$42.2M	Reduce -8.5%
SBUX Starbucks Corp.	0.12%	586,719	$42.1M	Reduce -8.7%
TDG Transdigm Group Inc.	0.12%	36,564	$41.4M	Reduce -8.6%
CRH CRH PLC	0.12%	384,888	$40.9M	Reduce -14.3%
BMO Bank of Montreal filed as BANK MONTREAL QUE	0.12%	368,969	$40.9M	Reduce -9.8%
MAR Marriott International Class A	0.12%	153,826	$40.6M	Add +347.9%
EQIX Equinix Inc.	0.11%	61,763	$40.3M	Reduce -5.4%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX	0.11%	639,651	$40.2M	Reduce -32.9%
TRV The Travelers Cos Inc.	0.11%	157,841	$39.0M	Reduce -28.1%
ED Consolidated Edison Inc.	0.11%	459,860	$38.9M	Reduce -14.6%
HOOD Robinhood Markets Inc. Class A	0.11%	398,825	$38.4M	Reduce -7.8%
HWM Howmet Aerospace Inc.	0.11%	219,505	$38.3M	Reduce -8.6%
EMR Emerson Electric Co.	0.11%	335,865	$38.0M	Reduce -5.0%
KMB Kimberly-Clark Corp.	0.11%	439,721	$37.8M	Reduce -9.0%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO	0.11%	482,578	$37.3M	Reduce -9.0%
PDD PDD Holdings Inc.	0.10%	380,428	$36.7M	Add +0.8%
VRT Vertiv Holdings Co. Class A	0.10%	263,695	$36.4M	Reduce -7.2%
PNC PNC Financial Services Group	0.10%	204,135	$36.3M	New
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	0.10%	362,817	$35.9M	Reduce -10.0%
MRVL Marvell Technology Inc.	0.10%	494,361	$35.8M	Reduce -4.7%
SNOW Snowflake Inc.	0.10%	189,329	$35.4M	Reduce -3.7%
JCI Johnson Controls Internation	0.10%	336,651	$34.3M	Reduce -10.0%
AON Aon PLC Class A	0.10%	114,203	$34.3M	Reduce -8.2%
D Dominion Energy Inc.	0.10%	684,650	$34.2M	Add +150.7%
GM General Motors Co.	0.10%	487,227	$33.7M	Add +1037.3%
NKE Nike Inc. Class B	0.09%	610,736	$33.1M	Reduce -8.2%
CMI Cummins Inc.	0.09%	75,918	$33.0M	Reduce -6.6%
CTSH Cognizant Tech Solutions-A	0.09%	455,118	$32.2M	Reduce -7.1%
PCAR Paccar Inc.	0.09%	343,369	$32.0M	Reduce -9.1%
ITW Illinois Tool Works	0.09%	151,160	$31.7M	Reduce -8.4%
AFL Aflac Inc.	0.09%	337,527	$31.7M	Reduce -10.4%
AEP American Electric Power	0.09%	317,676	$31.2M	New
YUM Yum! Brands Inc.	0.09%	241,839	$31.2M	Reduce -8.2%
PWR Quanta Services Inc.	0.09%	86,214	$31.0M	New
ADSK Autodesk Inc.	0.09%	120,300	$30.3M	Reduce -13.7%
EA Electronic Arts Inc.	0.09%	173,478	$30.2M	Reduce -11.1%
PYPL PayPal Holdings Inc.	0.08%	600,614	$29.9M	Reduce -10.4%
CP Canadian Pacific Kansas City	0.08%	475,268	$29.8M	Reduce -19.8%
SPG Simon Property Group Inc.	0.08%	189,134	$29.8M	Reduce -6.6%
CSX CSX Corp.	0.08%	957,730	$29.6M	Reduce -9.5%
DGX Quest Diagnostics Inc.	0.08%	197,892	$29.2M	Reduce -7.1%
WDC Western Digital Corp.	0.08%	199,117	$29.2M	Reduce -3.8%
SRE Sempra	0.08%	384,842	$28.9M	Add +5.0%
COR Cencora Inc.	0.08%	100,240	$28.8M	New
STX Seagate Technology Holdings	0.08%	122,873	$28.8M	Reduce -2.2%
EXC Exelon Corp.	0.08%	765,742	$28.4M	Reduce -8.5%
NET Cloudflare Inc. Class A	0.08%	166,642	$28.0M	Reduce -4.2%
TFC Truist Financial Corp.	0.08%	661,834	$27.7M	Reduce -14.0%
VRSN Verisign Inc.	0.08%	133,870	$27.7M	Reduce -6.3%
CMG Chipotle Mexican Grill Inc.	0.08%	878,972	$27.7M	Reduce -9.8%
WMB Williams Cos Inc.	0.08%	539,617	$27.6M	Reduce -9.6%
EW Edwards Lifesciences Corp.	0.08%	380,212	$27.6M	Reduce -6.3%
APO Apollo Global Management Inc.	0.08%	223,848	$27.6M	Reduce -6.6%
VST Vistra Corp.	0.08%	199,745	$27.4M	Add +3.7%
BDX Becton Dickinson and Co.	0.08%	165,923	$27.4M	Reduce -5.6%
VRSK Verisk Analytics Inc.	0.08%	143,948	$27.4M	Reduce -9.4%
PAYX Paychex Inc.	0.08%	286,760	$27.4M	Reduce -9.6%
ZTS Zoetis Inc.	0.08%	254,318	$27.2M	Reduce -6.8%
XYL Xylem Inc.	0.08%	233,994	$27.1M	Reduce -8.1%
MFC Manulife Financial Corp.	0.08%	871,660	$27.0M	Reduce -43.3%
GRMN Garmin Ltd.	0.08%	156,029	$26.9M	Reduce -6.1%
HIG Hartford Insurance Group Inc.	0.08%	228,385	$26.8M	Reduce -20.3%
WRB WR Berkley Corp. filed as BERKLEY W R CORP	0.08%	447,218	$26.7M	Reduce -11.6%
URI United Rentals Inc.	0.08%	38,677	$26.7M	Reduce -9.0%
AME Ametek Inc.	0.08%	152,022	$26.6M	Reduce -4.9%
IDXX Idexx Laboratories Inc.	0.07%	45,774	$26.4M	New
FTNT Fortinet Inc.	0.07%	387,109	$26.2M	Reduce -6.1%
WDAY Workday Inc. Class A	0.07%	142,062	$26.0M	Reduce -4.4%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD	0.07%	1,797,354	$25.6M	Reduce -1.1%
ACGL Arch Capital Group Ltd.	0.07%	311,937	$25.5M	Reduce -9.5%
CVNA Carvana Co.	0.07%	70,400	$25.3M	New
FISV Fiserv Inc.	0.07%	430,806	$24.6M	Reduce -5.0%
NTAP Netapp Inc.	0.07%	269,281	$24.6M	Reduce -7.0%
MSCI MSCI Inc.	0.07%	50,115	$24.5M	Reduce -8.5%
APD Air Products & Chemicals Inc.	0.07%	115,520	$24.3M	Reduce -6.7%
COIN Coinbase Global Inc. Class A	0.07%	125,992	$24.3M	Reduce -5.5%
ALL Allstate Corp.	0.07%	136,723	$24.2M	Reduce -41.5%
WCN Waste Connections Inc.	0.07%	161,616	$24.2M	Reduce -8.8%
CHKP Check Point Software Tech	0.07%	151,761	$24.0M	Reduce -9.4%
DELL Dell Technologies -C	0.07%	222,204	$23.8M	Reduce -12.1%
MNST Monster Beverage Corp.	0.07%	359,683	$23.5M	Reduce -8.4%
AWK American Water Works Co. Inc.	0.07%	209,976	$23.3M	Reduce -8.0%
PTC PTC Inc.	0.07%	156,154	$23.2M	Reduce -6.2%
CCEP Coca-Cola Europacific Partne	0.07%	299,231	$23.1M	Reduce -17.2%
F Ford Motor Co. filed as FORD MTR CO	0.06%	2,028,605	$22.7M	Reduce -6.1%
RMD Resmed Inc.	0.06%	107,911	$22.1M	Reduce -5.1%
DLR Digital Realty Trust Inc.	0.06%	165,724	$21.8M	Reduce -5.9%
ETR Entergy Corp.	0.06%	275,664	$21.7M	Reduce -32.5%
KDP Keurig Dr Pepper Inc.	0.06%	895,207	$21.4M	Reduce -9.7%
MPWR Monolithic Power Systems Inc.	0.06%	27,578	$21.3M	Reduce -3.2%
SSNC Ss&c Technologies Holdings	0.06%	283,890	$21.1M	Add +44.2%
MKL Markel Group Inc.	0.06%	11,507	$21.1M	Reduce -6.0%
WAB Wabtec Corp.	0.06%	114,951	$20.9M	Reduce -6.6%
RJF Raymond James Financial Inc.	0.06%	152,786	$20.9M	Reduce -19.8%
CHRW C.H. Robinson Worldwide Inc.	0.06%	151,016	$20.7M	Add +47.5%
AIG American International Group	0.06%	283,588	$20.7M	Reduce -30.0%
CARR Carrier Global Corp.	0.06%	459,120	$20.7M	Reduce -9.3%
AMP Ameriprise Financial Inc.	0.06%	49,080	$20.5M	Reduce -8.1%
GWW WW Grainger Inc.	0.06%	23,500	$20.2M	Reduce -7.8%
FICO Fair Isaac Corp.	0.06%	13,958	$20.1M	Reduce -3.6%
FAST Fastenal Co.	0.06%	586,973	$20.1M	Reduce -8.5%
AVB Avalonbay Communities Inc.	0.06%	129,913	$20.1M	Reduce -8.3%
CDW CDW Corp.	0.06%	172,207	$20.0M	Reduce -5.6%
AXON Axon Enterprise Inc.	0.06%	40,760	$19.7M	Reduce -6.1%
TTWO Take-Two Interactive Softwre	0.06%	89,190	$19.4M	Reduce -3.3%
NDAQ Nasdaq Inc.	0.05%	233,968	$19.3M	Reduce -9.1%
TGT Target Corp.	0.05%	232,455	$19.3M	Reduce -8.9%
CPRT Copart Inc.	0.05%	580,141	$19.3M	Reduce -9.7%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL	0.05%	358,596	$19.2M	Reduce -9.5%
MET Metlife Inc.	0.05%	284,872	$19.1M	Reduce -45.2%
ROK Rockwell Automation Inc.	0.05%	57,540	$19.1M	Reduce -9.4%
WTW Willis Towers Watson PLC	0.05%	68,120	$19.1M	Reduce -11.1%
XEL Xcel Energy Inc.	0.05%	302,634	$19.0M	New
IQV Iqvia Holdings Inc.	0.05%	98,569	$18.9M	Reduce -3.6%
PEG Public Service Enterprise GP	0.05%	276,138	$18.9M	Reduce -9.3%
A Agilent Technologies Inc.	0.05%	162,708	$18.9M	Reduce -6.5%
GEV GE Vernova Inc.	0.05%	33,792	$18.8M	Add +104.3%
GIS General Mills Inc.	0.05%	472,903	$18.7M	Reduce -11.6%
GDDY GoDaddy Inc. Class A	0.05%	177,137	$18.7M	Reduce -5.8%
MSTR Strategy Inc.	0.05%	144,313	$18.7M	Add +2757.7%
FFIV F5 Inc.	0.05%	84,421	$18.3M	Reduce -9.4%
GEHC GE Healthcare Technology	0.05%	262,504	$18.3M	Reduce -6.2%
PSA Public Storage	0.05%	81,320	$18.0M	Reduce -8.0%
OTIS Otis Worldwide Corp.	0.05%	240,875	$17.9M	Reduce -10.3%
CINF Cincinnati Financial Corp.	0.05%	128,169	$17.8M	Reduce -6.2%
BRO Brown & Brown Inc.	0.05%	261,387	$17.7M	Reduce -19.5%
IT Gartner Inc.	0.05%	82,254	$17.7M	Reduce -4.9%
DHI D.R. Horton Inc.	0.05%	143,918	$17.6M	Reduce -20.0%
PRU Prudential Financial Inc.	0.05%	182,283	$17.5M	Reduce -45.3%
EBAY eBay Inc.	0.05%	235,956	$17.5M	Reduce -9.0%
HUM Humana Inc.	0.05%	78,936	$17.2M	Reduce -5.1%
SYY Sysco Corp.	0.05%	272,232	$17.1M	Reduce -11.7%
CMS CMS Energy Corp.	0.05%	286,208	$17.0M	Reduce -36.5%
CLS Celestica Inc.	0.05%	66,793	$16.8M	Add +4.7%
CFG Citizens Financial Group	0.05%	338,601	$16.8M	Reduce -11.4%
CCI Crown Castle Inc.	0.05%	222,214	$16.8M	Reduce -5.0%
PCG P G & E Corp.	0.05%	1,219,072	$16.7M	Add +1059.2%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC	0.05%	186,900	$16.7M	Reduce -1.4%
MTD Mettler-Toledo International	0.05%	14,029	$16.7M	Reduce -7.5%
KR Kroger Co.	0.05%	312,270	$16.6M	Reduce -11.1%
VEEV Veeva Systems Inc. Class A	0.05%	87,279	$16.6M	Reduce -4.2%
INCY Incyte Corp.	0.05%	195,136	$16.4M	Reduce -16.1%
L Loews Corp.	0.05%	182,431	$16.4M	Reduce -9.2%
HLT Hilton Worldwide Holdings Inc.	0.05%	65,984	$16.1M	Reduce -9.6%
NTR Nutrien Ltd.	0.05%	305,340	$16.1M	Reduce -7.5%
MDB Mongodb Inc.	0.05%	44,638	$16.0M	Add +2170.5%
SLF Sun Life Financial Inc.	0.05%	299,208	$15.9M	Reduce -6.8%
STT State Street Corp.	0.05%	144,843	$15.9M	Reduce -10.4%
XYZ Block Inc.	0.04%	282,731	$15.7M	Reduce -15.7%
EXR Extra Space Storage Inc.	0.04%	140,866	$15.6M	Reduce -3.9%
KEYS Keysight Technologies Inc.	0.04%	89,479	$15.5M	Reduce -6.4%
TRI Thomson Reuters Corp.	0.04%	136,771	$15.4M	Add +37.2%
VTR Ventas Inc.	0.04%	231,992	$15.3M	Reduce -8.7%
FIS Fidelity National Info Serv	0.04%	269,269	$15.2M	Reduce -8.8%
MCHP Microchip Technology Inc.	0.04%	280,103	$15.2M	Reduce -7.5%
KGC Kinross Gold Corp.	0.04%	631,899	$15.2M	Reduce -24.7%
CHD Church & Dwight Co. Inc.	0.04%	211,084	$15.1M	Reduce -8.3%
WEC WEC Energy Group Inc.	0.04%	164,259	$14.7M	Reduce -44.5%
KVUE Kenvue Inc.	0.04%	997,820	$14.7M	Reduce -11.1%
MAA Mid-America Apartment Comm	0.04%	123,629	$14.6M	Reduce -9.5%
EFX Equifax Inc.	0.04%	79,081	$14.6M	Reduce -9.1%
AMCR Amcor PLC	0.04%	2,040,147	$14.5M	Reduce -8.7%
ARES Ares Management Corp. Class A	0.04%	104,342	$14.4M	Reduce -5.4%
BIIB Biogen Inc.	0.04%	95,072	$14.2M	Reduce -3.3%
DDOG Datadog Inc. Class A	0.04%	121,982	$14.1M	Add +21.5%
MTB M & T Bank Corp. filed as M & T BK CORP	0.04%	82,056	$14.1M	Reduce -10.6%
CNI Canadian Natl Railway Co.	0.04%	166,036	$14.0M	Reduce -56.2%
KMI Kinder Morgan Inc.	0.04%	594,532	$13.9M	Reduce -8.7%
SBAC SBA Communications Corp.	0.04%	84,474	$13.9M	Reduce -6.3%
DLTR Dollar Tree Inc.	0.04%	131,285	$13.8M	Reduce -16.4%
TER Teradyne Inc.	0.04%	82,779	$13.6M	Reduce -7.6%
ESS Essex Property Trust Inc.	0.04%	60,780	$13.5M	Reduce -5.8%
ZM Zoom Communications Inc.	0.04%	183,982	$13.5M	Reduce -13.1%
SYF Synchrony Financial	0.04%	189,834	$13.5M	Reduce -17.5%
TEAM Atlassian Corp. Class A	0.04%	95,963	$13.2M	Reduce -1.6%
DG Dollar General Corp.	0.04%	114,539	$12.9M	Reduce -7.1%
DXCM Dexcom Inc.	0.04%	226,602	$12.8M	Reduce -4.3%
GEN Gen Digital Inc.	0.04%	548,056	$12.7M	Reduce -9.3%
SNA Snap-on Inc.	0.04%	42,820	$12.6M	Reduce -7.1%
GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD	0.04%	421,577	$12.5M	No change
CSGP Costar Group Inc.	0.04%	218,356	$12.5M	Reduce -7.0%
FSLR First Solar Inc.	0.04%	55,865	$12.4M	Reduce -6.1%
GIB Cgi Inc.	0.03%	153,986	$12.1M	Reduce -3.0%
MKC McCormick & Co.-Non VTG SHRS	0.03%	207,336	$12.0M	Add +137.8%
ADM Archer-Daniels-Midland Co.	0.03%	242,472	$11.9M	New
TDY Teledyne Technologies Inc.	0.03%	27,232	$11.8M	Reduce -1.2%
ULTA Ulta Beauty Inc.	0.03%	22,840	$11.8M	Reduce -10.1%
NTRS Northern Trust Corp.	0.03%	100,834	$11.7M	Reduce -7.0%
AEE Ameren Corporation	0.03%	137,577	$11.7M	Reduce -47.4%
DTE DTE Energy Company	0.03%	106,256	$11.7M	Reduce -46.3%
CCJ Cameco Corp.	0.03%	148,879	$11.6M	Reduce -7.7%
CNP Centerpoint Energy Inc.	0.03%	354,412	$11.6M	Reduce -9.7%
DOV Dover Corp.	0.03%	69,018	$11.5M	New
FTS Fortis Inc.	0.03%	255,797	$11.3M	Reduce -6.9%
PPL PPL Corp.	0.03%	376,055	$11.2M	New
ZS Zscaler Inc.	0.03%	58,160	$11.1M	Reduce -1.0%
WAT Waters Corp.	0.03%	34,300	$11.1M	Reduce -4.0%
HBAN Huntington Bancshares Inc.	0.03%	748,563	$11.1M	Reduce -8.5%
VLTO Veralto Corp.	0.03%	128,827	$10.9M	Reduce -6.2%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL	0.03%	154,181	$10.9M	Reduce -6.2%
STLD Steel Dynamics Inc.	0.03%	75,443	$10.9M	New
ES Eversource Energy	0.03%	188,849	$10.8M	Reduce -8.6%
TWLO Twilio Inc. Class A	0.03%	89,096	$10.8M	Reduce -1.5%
ON On Semiconductor	0.03%	230,114	$10.6M	Reduce -7.0%
FE Firstenergy Corp.	0.03%	278,133	$10.6M	New
HUBB Hubbell Inc.	0.03%	27,680	$10.5M	Reduce -6.5%
RF Regions Financial Corp.	0.03%	453,209	$10.5M	Reduce -10.5%
HUBS HubSpot Inc.	0.03%	30,574	$10.4M	Reduce -0.3%
FTV Fortive Corp.	0.03%	222,024	$10.4M	Reduce -11.9%
LH Labcorp Holdings Inc.	0.03%	48,456	$10.4M	Add +4.2%
PHM Pultegroup Inc.	0.03%	103,000	$10.3M	Reduce -8.3%
HPE Hewlett Packard Enterprise	0.03%	498,814	$10.2M	Reduce -15.2%
BAM Brookfield Asset Mgmt-A	0.03%	228,153	$10.2M	Reduce -11.8%
HOLX Hologic Inc.	0.03%	160,293	$10.2M	Reduce -8.3%
PPG PPG Industries Inc.	0.03%	115,974	$10.1M	Reduce -8.0%
ILMN Illumina Inc.	0.03%	90,503	$10.1M	Reduce -2.9%
BURL Burlington Stores Inc.	0.03%	41,078	$10.1M	Reduce -9.6%
EIX Edison International	0.03%	195,352	$10.0M	Reduce -49.6%
PODD Insulet Corp.	0.03%	40,852	$9.9M	Reduce -3.5%
STZ Constellation Brands Inc. Class A	0.03%	83,874	$9.9M	Reduce -13.2%
TECK Teck Resources Ltd.-CLS B	0.03%	241,383	$9.9M	Reduce -7.3%
KEY Keycorp	0.03%	556,326	$9.8M	Reduce -9.8%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.03%	111,777	$9.7M	Reduce -9.1%
RPRX Royalty Pharma PLC Class A	0.03%	291,064	$9.6M	Reduce -7.2%
CNC Centene Corp.	0.03%	270,315	$9.5M	Reduce -23.3%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA	0.03%	164,642	$9.4M	Reduce -8.3%
GPC Genuine Parts Co.	0.03%	89,880	$9.4M	Reduce -6.9%
CPAY Corpay Inc.	0.03%	35,800	$9.2M	Reduce -41.0%
HPQ HP Inc.	0.03%	476,290	$9.0M	New
KHC The Kraft Heinz Co.	0.03%	434,703	$9.0M	New
ZBH Zimmer Biomet Holdings Inc.	0.03%	116,511	$8.9M	Reduce -2.4%
NI Nisource Inc.	0.03%	250,285	$8.9M	Add +2006.1%
BAP Credicorp Ltd.	0.03%	36,314	$8.9M	Add +0.3%
REG Regency Centers Corp.	0.03%	150,350	$8.8M	Reduce -9.3%
TU Telus Corp.	0.03%	783,849	$8.8M	Add +0.3%
PFG Principal Financial Group	0.02%	115,521	$8.7M	Reduce -8.5%
HEI.A Heico Corp. Class A	0.02%	40,140	$8.6M	Reduce -2.8%
PKG Packaging Corp. of America	0.02%	47,889	$8.4M	Reduce -8.8%
BCE Bce Inc.	0.02%	412,878	$8.4M	Reduce -11.1%
TRU Transunion	0.02%	114,819	$8.4M	Reduce -96.7%
GPN Global Payments Inc.	0.02%	126,963	$8.4M	Reduce -7.0%
TRMB Trimble Inc.	0.02%	125,229	$8.4M	Reduce -8.0%
GL Globe Life Inc.	0.02%	69,569	$8.3M	Reduce -31.3%
CHTR Charter Communications Inc. Class A	0.02%	46,440	$8.3M	New
RBA RB Global Inc.	0.02%	93,671	$8.2M	Reduce -9.1%
OKTA Okta Inc.	0.02%	108,908	$8.0M	Reduce -1.1%
YUMC Yum China Holdings Inc.	0.02%	197,859	$8.0M	Add +0.3%
CLX Clorox Company	0.02%	90,837	$7.8M	Reduce -11.1%
PNR Pentair PLC	0.02%	84,196	$7.5M	Reduce -7.8%
APTV Aptiv PLC	0.02%	114,295	$7.4M	Reduce -6.5%
DT Dynatrace Inc.	0.02%	199,741	$7.4M	Reduce -1.7%
RIVN Rivian Automotive Inc. Class A	0.02%	436,539	$7.3M	Reduce -3.4%
MAS Masco Corp.	0.02%	135,534	$7.3M	Reduce -10.5%
PINS Pinterest Inc. Class A	0.02%	327,672	$7.2M	Reduce -10.3%
LNT Alliant Energy Corp.	0.02%	129,707	$7.2M	Reduce -53.0%
AGI Alamos Gold Inc. Class A	0.02%	217,955	$7.2M	Add +0.2%
EVRG Evergy Inc.	0.02%	116,159	$7.2M	New
NBIX Neurocrine Biosciences Inc.	0.02%	59,288	$7.2M	Reduce -2.8%
DOW Dow Inc.	0.02%	357,453	$7.1M	Add +1525.6%
HSY The Hershey Co.	0.02%	45,228	$7.0M	New
JBHT Hunt (jb) Transprt SVCS Inc.	0.02%	42,122	$7.0M	Reduce -6.6%
JLL Jones Lang Lasalle Inc.	0.02%	24,060	$6.9M	Reduce -6.4%
CG The Carlyle Group Inc.	0.02%	135,237	$6.8M	Reduce -7.6%
LII Lennox International Inc.	0.02%	16,420	$6.8M	Reduce -8.3%
NUE Nucor Corp.	0.02%	48,839	$6.8M	Reduce -10.0%
OMC Omnicom Group	0.02%	97,576	$6.7M	Reduce -11.9%
SMCI Super Micro Computer Inc.	0.02%	268,775	$6.7M	Reduce -9.7%
INVH Invitation Homes Inc.	0.02%	282,811	$6.7M	Reduce -12.2%
FNF Fidelity National Financial	0.02%	143,022	$6.6M	Reduce -6.0%
SUI Sun Communities Inc. filed as SUN CMNTYS INC	0.02%	62,571	$6.6M	Reduce -10.2%
BAH Booz Allen Hamilton Holdings	0.02%	91,656	$6.6M	Reduce -9.6%
FOXA Fox Corp. Class A	0.02%	105,774	$6.6M	Reduce -13.7%
Z Zillow Group Inc. Class C	0.02%	112,543	$6.5M	Reduce -6.6%
GFL GFL Environmental Inc.-Sub VT	0.02%	177,056	$6.5M	Reduce -10.5%
DOCU Docusign Inc.	0.02%	111,106	$6.5M	Add +1479.8%
ARM Arm Holdings PLC-ADR	0.02%	68,753	$6.4M	Reduce -9.4%
CCK Crown Holdings Inc.	0.02%	72,625	$6.4M	Reduce -13.9%
MGA Magna International Inc.	0.02%	139,890	$6.4M	Reduce -6.6%
EMA Emera Inc.	0.02%	151,019	$6.3M	Reduce -17.3%
GRAB Grab Holdings Ltd. Class A	0.02%	1,483,731	$6.3M	Reduce -6.9%
BALL Ball Corp.	0.02%	138,288	$6.2M	Reduce -12.5%
HEI Heico Corp.	0.02%	22,600	$6.2M	Reduce -9.6%
EG Everest Group Ltd.	0.02%	21,340	$6.2M	Reduce -10.7%
NLY Annaly Capital Management Inc.	0.02%	323,183	$6.2M	Reduce -2.1%
OXY Occidental Petroleum Corp.	0.02%	173,800	$6.1M	Reduce -10.6%
VTRS Viatris Inc.	0.02%	573,358	$6.1M	New
RGA Reinsurance Group of America	0.02%	34,839	$6.0M	Reduce -3.2%
WPC WP Carey Inc.	0.02%	110,089	$6.0M	Reduce -8.8%
EQH Equitable Holdings Inc.	0.02%	147,174	$6.0M	Reduce -9.2%
IEX Idex Corp.	0.02%	39,356	$6.0M	Reduce -5.6%
SCCO Southern Copper Corp.	0.02%	48,338	$5.9M	Add +0.6%
WTRG Essential Utilities Inc.	0.02%	173,519	$5.7M	Reduce -9.0%
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD	0.02%	40,352	$5.6M	Reduce -10.9%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC	0.02%	85,546	$5.6M	Reduce -6.5%
BBY Best Buy Co. Inc.	0.02%	98,516	$5.6M	Reduce -9.3%
AKAM Akamai Technologies Inc.	0.02%	74,872	$5.6M	Reduce -10.7%
BG Bunge Global SA	0.02%	72,072	$5.5M	Reduce -4.5%
TW Tradeweb Markets Inc. Class A	0.02%	59,567	$5.5M	Reduce -9.2%
ALLY Ally Financial Inc.	0.02%	139,115	$5.4M	Reduce -11.7%
VIK Viking Holdings Ltd.	0.02%	87,582	$5.3M	New
RCL Royal Caribbean Cruises Ltd.	0.01%	21,997	$5.2M	Reduce -12.8%
CPT Camden Property Trust	0.01%	54,911	$5.1M	Reduce -57.9%
EPAM Epam Systems Inc.	0.01%	29,326	$5.1M	Reduce -6.9%
HST Host Hotels & Resorts Inc.	0.01%	336,820	$5.1M	Reduce -13.5%
SWK Stanley Black & Decker Inc.	0.01%	80,305	$5.1M	Reduce -5.5%
RVTY Revvity Inc.	0.01%	61,462	$5.1M	Reduce -15.6%
ELS Equity Lifestyle Properties	0.01%	97,739	$5.0M	Reduce -7.8%
FDX FedEx Corp.	0.01%	20,055	$4.9M	Reduce -25.8%
TME Tencent Music Entertainm-ADR	0.01%	330,271	$4.9M	Add +7.5%
VMC Vulcan Materials Co.	0.01%	20,285	$4.9M	Reduce -10.9%
ALGN Align Technology Inc.	0.01%	36,609	$4.9M	Reduce -12.6%
BMRN Biomarin Pharmaceutical Inc.	0.01%	95,681	$4.8M	Reduce -17.3%
DAL Delta Air Lines Inc.	0.01%	81,554	$4.8M	Reduce -12.6%
UPS United Parcel Service Class B	0.01%	56,601	$4.8M	Add +87.3%
DOC Healthpeak Properties Inc.	0.01%	347,656	$4.8M	Reduce -12.9%
BAX Baxter International Inc.	0.01%	290,459	$4.7M	Reduce -7.4%
LYB Lyondellbasell Indu Class A	0.01%	128,011	$4.7M	Reduce -12.2%
UDR Udr Inc.	0.01%	150,797	$4.7M	Reduce -50.3%
DAY Dayforce Inc.	0.01%	79,718	$4.7M	Reduce -10.9%
HTHT H World Group Ltd.-ADR	0.01%	115,993	$4.6M	Add +7.3%
FDS Factset Research Systems Inc.	0.01%	18,800	$4.6M	Reduce -28.5%
AFG American Financial Group Inc.	0.01%	39,389	$4.6M	Reduce -5.1%
TPL Texas Pacific Land Corp.	0.01%	18,358	$4.5M	Reduce -39.2%
DSGX The Descartes Systems Grp	0.01%	59,493	$4.4M	Reduce -5.6%
BXP BXP Inc.	0.01%	77,113	$4.4M	Reduce -5.0%
FLUT Flutter Entertainment PLC-Di	0.01%	24,120	$4.4M	Reduce -9.3%
SNAP Snap Inc. Class A	0.01%	637,944	$4.4M	Reduce -6.2%
CAE Cae Inc.	0.01%	166,216	$4.3M	Reduce -4.5%
STN Stantec Inc.	0.01%	53,432	$4.3M	Reduce -7.2%
ARMK Aramark	0.01%	133,808	$4.2M	Reduce -10.6%
GIL Gildan Activewear Inc.	0.01%	77,593	$4.1M	Reduce -9.3%
OWL Blue Owl Capital Inc.	0.01%	323,856	$4.1M	Reduce -6.1%
MOH Molina Healthcare Inc.	0.01%	27,805	$4.1M	Reduce -55.0%
SEIC Sei Investments Company	0.01%	58,821	$4.1M	Reduce -6.0%
SWKS Skyworks Solutions Inc.	0.01%	76,066	$4.1M	Reduce -9.2%
ATO Atmos Energy Corp.	0.01%	28,720	$4.1M	Reduce -64.7%
CRTO Criteo SA-Spon	0.01%	232,175	$4.1M	Add +77.3%
FOX Fox Corp. Class B	0.01%	73,079	$4.0M	Reduce -8.9%
DECK Deckers Outdoor Corp.	0.01%	44,575	$3.9M	Add +14.4%
OTEX Open Text Corp.	0.01%	140,426	$3.9M	Reduce -5.8%
BNTX Biontech SE-ADR	0.01%	47,786	$3.9M	Reduce -12.6%
BZ Kanzhun Ltd. - ADR	0.01%	221,700	$3.8M	Add +12.9%
UAL United Airlines Holdings Inc.	0.01%	40,089	$3.8M	Reduce -10.7%
PAYC Paycom Software Inc.	0.01%	27,519	$3.7M	Reduce -9.5%
FYBR Frontier Communications Pare	0.01%	114,799	$3.7M	Reduce -12.7%
CNH CNH Industrial NV	0.01%	461,554	$3.6M	Reduce -8.5%
POOL Pool Corp.	0.01%	18,380	$3.6M	Reduce -12.9%
MDLZ Mondelez International Inc. Class A	0.01%	77,848	$3.6M	Reduce -11.3%
ENB Enbridge Inc.	0.01%	83,817	$3.4M	New
ARE Alexandria Real Estate Equit	0.01%	81,123	$3.4M	Reduce -7.9%
SW Smurfit Westrock PLC	0.01%	102,126	$3.4M	Add +27.1%
SLB SLB Ltd. filed as SLB LIMITED	0.01%	102,838	$3.4M	Reduce -14.7%
BF.B Brown-Forman Corp. Class B	0.01%	151,291	$3.4M	Reduce -12.3%
ERIE Erie Indemnity Company Class A	0.01%	13,720	$3.3M	Reduce -3.4%
NRG NRG Energy Inc.	0.01%	24,180	$3.3M	New
RCI Rogers Communications Inc. Class B	0.01%	98,515	$3.2M	Reduce -13.4%
TFII Tfi International Inc.	0.01%	35,503	$3.1M	Reduce -11.2%
NTNX Nutanix Inc. Class A	0.01%	69,955	$3.1M	Add +27.5%
OKE Oneok Inc.	0.01%	48,793	$3.1M	Reduce -11.2%
BEN Franklin Templeton Inc.	0.01%	148,806	$3.0M	Reduce -15.1%
XP XP Inc. Class A	0.01%	212,000	$3.0M	Add +8.8%
CRBG Corebridge Financial Inc.	0.01%	112,109	$2.9M	New
VIPS Vipshop Holdings Ltd. - ADR	0.01%	187,187	$2.8M	Add +5.6%
FSV Firstservice Corp.	0.01%	20,800	$2.8M	No change
BEPC Brookfield Renewable Corp.	0.01%	81,081	$2.7M	No change
BLDR Builders Firstsource Inc.	0.01%	30,183	$2.6M	Add +25.1%
RBLX Roblox Corp. Class A	0.01%	33,913	$2.3M	Reduce -12.7%
BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU	0.01%	96,087	$2.3M	Add +4.7%
LUV Southwest Airlines Co.	0.01%	63,349	$2.2M	New
SE Sea Ltd.-ADR	0.01%	19,899	$2.2M	Reduce -15.0%
ODFL Old Dominion Freight Line	0.01%	16,090	$2.1M	Reduce -11.2%
BSY Bentley Systems Inc. Class B	0.01%	64,815	$2.1M	New
LNG Cheniere Energy Inc.	0.01%	12,598	$2.1M	Reduce -15.2%
DVA Davita Inc.	0.01%	20,229	$2.0M	Reduce -23.0%
TEVA Teva Pharmaceutical-SP ADR	0.01%	73,038	$1.9M	Add +33.8%
NBIS Nebius Group NV	0.01%	25,066	$1.8M	New
CIEN Ciena Corp.	0.00%	8,522	$1.7M	New
STNE Stoneco Ltd. Class A	0.00%	132,900	$1.7M	New
PBA Pembina Pipeline Corp.	0.00%	49,495	$1.6M	Reduce -10.9%
PRMB Primo Brands Corp.	0.00%	115,018	$1.6M	New
ECHO Echostar Corp. Class A	0.00%	16,760	$1.6M	New
NTRA Natera Inc.	0.00%	7,841	$1.5M	New
RS Reliance Inc.	0.00%	6,193	$1.5M	Reduce -11.2%
JBL Jabil Inc.	0.00%	7,394	$1.4M	Add +56.3%
FLEX Flex Ltd.	0.00%	22,579	$1.2M	New
CRDO Credo Technology Group Holdi	0.00%	9,400	$1.2M	New
UTHR United Therapeutics Corp.	0.00%	2,726	$1.1M	Add +33.8%
P Everpure Inc. Class A filed as PURE STORAGE INC	0.00%	18,850	$1.1M	New
MOS The Mosaic Co.	0.00%	51,258	$1.1M	Reduce -11.3%
TRGP Targa Resources Corp.	0.00%	6,632	$1.0M	Reduce -11.3%
QFIN Qfin Holdings Inc.-ADR	0.00%	62,000	$1.0M	Add +25.5%
CYBR Cyberark Software Ltd./Israel	0.00%	2,217	$842K	Add +94.6%
FMX Fomento Economico Mex-SP ADR	0.00%	9,754	$839K	No change
ATHM Autohome Inc.-ADR	0.00%	37,479	$710K	No change
ACM Aecom	0.00%	8,732	$709K	Reduce -6.0%
SOLV Solventum Corp.	0.00%	10,439	$704K	Add +41.0%
ENTG Entegris Inc.	0.00%	9,145	$656K	New
EME Emcor Group Inc.	0.00%	1,219	$635K	Reduce -11.4%
AMX America Movil Sab DE CV	0.00%	26,779	$471K	Reduce -31.1%
ZG Zillow Group Inc. Class A	0.00%	6,847	$398K	Reduce -17.5%
IOT Samsara Inc. Class A	0.00%	11,795	$356K	New
KOF Coca-Cola Femsa Sab-SP ADR	0.00%	4,264	$344K	No change
FG F&G Annuities & Life Inc.	0.00%	8,777	$231K	New

Portfolio Sells Q3 2025 → Q4 2025


TRU Transunion	Reduce -96.7%	0.02%	−0.68
PLTR Palantir Technologies Inc. Class A	Sold out	0.00%	−0.59
MSFT Microsoft Corp.	Reduce -1.2%	7.82%	−0.56
BR Broadridge Financial Solutio	Reduce -40.8%	0.48%	−0.37
V Visa Inc. Class A	Reduce -29.8%	0.90%	−0.33
ECL Ecolab Inc.	Reduce -69.1%	0.14%	−0.32
ORCL Oracle Corp.	Reduce -8.4%	0.50%	−0.28
ROL Rollins Inc.	Reduce -27.9%	0.76%	−0.26
BAC Bank of America Corp.	Reduce -34.9%	0.55%	−0.23
STE Steris PLC	Reduce -29.0%	0.62%	−0.22
T AT&T Inc.	Reduce -35.3%	0.26%	−0.19
VZ Verizon Communications Inc.	Reduce -35.2%	0.30%	−0.19
HD Home Depot Inc.	Reduce -10.1%	0.55%	−0.16
TYL Tyler Technologies Inc.	Reduce -6.4%	0.72%	−0.16
AJG Arthur J Gallagher & Co.	Reduce -1.3%	0.74%	−0.15
PG The Procter & Gamble Co.	Reduce -16.1%	0.54%	−0.14
ZBRA Zebra Technologies Corp. Class A	Reduce -8.0%	0.42%	−0.13
CDNS Cadence Design SYS Inc.	Reduce -1.1%	1.05%	−0.13
TMUS T-Mobile US Inc.	Reduce -27.9%	0.21%	−0.13
NEE Nextera Energy Inc.	Reduce -37.9%	0.24%	−0.12
FERG Ferguson Enterprises Inc.	Reduce -9.8%	0.99%	−0.10
WMT Walmart Inc.	Reduce -21.3%	0.63%	−0.10
DIS The Walt Disney Co.	Reduce -28.8%	0.26%	−0.10
SO The Southern Co.	Reduce -34.4%	0.16%	−0.10
NVDA Nvidia Corp.	Reduce -2.3%	8.53%	−0.10
GS Goldman Sachs Group Inc.	Reduce -29.4%	0.37%	−0.10
MSA Msa Safety Inc.	Reduce -8.8%	0.58%	−0.10
DUK Duke Energy Corp.	Reduce -33.0%	0.17%	−0.09
NSC Norfolk Southern Corp.	Sold out	0.00%	−0.09
WST West Pharmaceutical Services	Reduce -15.2%	0.80%	−0.09
TSCO Tractor Supply Company	Reduce -4.2%	0.50%	−0.09
LIN Linde PLC	Reduce -10.1%	0.37%	−0.08
INTC Intel Corp.	Reduce -34.6%	0.21%	−0.08
GE General Electric	Reduce -15.2%	0.52%	−0.07
FISV Fiserv Inc.	Reduce -5.0%	0.07%	−0.07
WBD Warner Bros Discovery Inc.	Sold out	0.00%	−0.07
UBER Uber Technologies Inc.	Reduce -7.3%	0.24%	−0.07
NEM Newmont Corp.	Reduce -41.6%	0.15%	−0.07
C Citigroup Inc.	Reduce -30.0%	0.27%	−0.06
NOW ServiceNow Inc.	Reduce -5.0%	0.23%	−0.06
AZO AutoZone Inc.	Reduce -9.6%	0.15%	−0.06
SPGI S&P Global Inc.	Reduce -26.8%	0.20%	−0.05
ALL Allstate Corp.	Reduce -41.5%	0.07%	−0.05
ETN Eaton Corp. PLC	Reduce -9.9%	0.17%	−0.05
ABBV Abbvie Inc.	Reduce -7.3%	0.62%	−0.05
AEM Agnico Eagle Mines Ltd.	Reduce -29.7%	0.12%	−0.05
MET Metlife Inc.	Reduce -45.2%	0.05%	−0.05
BLK BlackRock Inc.	Reduce -9.6%	0.24%	−0.05
UNH Unitedhealth Group Inc.	Reduce -6.4%	0.44%	−0.05
CNI Canadian Natl Railway Co.	Reduce -56.2%	0.04%	−0.05

Portfolio Buys Q3 2025 → Q4 2025


BRK.B Berkshire Hathaway Inc. Class B	New	0.89%	+0.89
FITB Fifth Third Bancorp	Add +1066.0%	0.75%	+0.69
LLY Eli Lilly & Co.	Add +0.1%	2.27%	+0.68
PGR Progressive Corp.	Add +201.2%	0.90%	+0.58
NFLX Netflix Inc.	New	0.57%	+0.57
CBRE CBRE Group Inc. Class A	Add +622.1%	0.62%	+0.54
COST Costco Wholesale Corp.	Add +61.9%	1.40%	+0.48
MA Mastercard Inc. Class A	Add +33.5%	1.82%	+0.48
MCO Moody's Corp.	Add +148.5%	0.70%	+0.44
WFC Wells Fargo & Co.	New	0.41%	+0.41
KO The Coca-Cola Co.	New	0.39%	+0.39
TJX TJX Companies Inc.	Add +52.3%	0.99%	+0.39
ANET Arista Networks Inc.	Add +101.7%	0.81%	+0.37
TMO Thermo Fisher Scientific Inc.	Add +6.9%	1.27%	+0.29
APP AppLovin Corp. Class A	Add +2182.9%	0.26%	+0.24
JPM JPMorgan Chase & Co.	Add +6.1%	2.25%	+0.20
PNC PNC Financial Services Group	New	0.10%	+0.10
IR Ingersoll-Rand Inc.	Add +24.5%	0.58%	+0.10
MAR Marriott International Class A	Add +347.9%	0.12%	+0.09
GM General Motors Co.	Add +1037.3%	0.10%	+0.09
AEP American Electric Power	New	0.09%	+0.09
PWR Quanta Services Inc.	New	0.09%	+0.09
COR Cencora Inc.	New	0.08%	+0.08
IDXX Idexx Laboratories Inc.	New	0.07%	+0.07
CVNA Carvana Co.	New	0.07%	+0.07
D Dominion Energy Inc.	Add +150.7%	0.10%	+0.06
XEL Xcel Energy Inc.	New	0.05%	+0.05
MSTR Strategy Inc.	Add +2757.7%	0.05%	+0.05
MDB Mongodb Inc.	Add +2170.5%	0.05%	+0.04
PCG P G & E Corp.	Add +1059.2%	0.05%	+0.04
ADM Archer-Daniels-Midland Co.	New	0.03%	+0.03
DOV Dover Corp.	New	0.03%	+0.03
PPL PPL Corp.	New	0.03%	+0.03
STLD Steel Dynamics Inc.	New	0.03%	+0.03
FE Firstenergy Corp.	New	0.03%	+0.03
GEV GE Vernova Inc.	Add +104.3%	0.05%	+0.03
CHRW C.H. Robinson Worldwide Inc.	Add +47.5%	0.06%	+0.03
HPQ HP Inc.	New	0.03%	+0.03
KHC The Kraft Heinz Co.	New	0.03%	+0.03
NI Nisource Inc.	Add +2006.1%	0.03%	+0.02
CHTR Charter Communications Inc. Class A	New	0.02%	+0.02
EVRG Evergy Inc.	New	0.02%	+0.02
MKC McCormick & Co.-Non VTG SHRS	Add +137.8%	0.03%	+0.02
HSY The Hershey Co.	New	0.02%	+0.02
DOW Dow Inc.	Add +1525.6%	0.02%	+0.02
SSNC Ss&c Technologies Holdings	Add +44.2%	0.06%	+0.02
VTRS Viatris Inc.	New	0.02%	+0.02
DOCU Docusign Inc.	Add +1479.8%	0.02%	+0.02
VIK Viking Holdings Ltd.	New	0.02%	+0.02
CLS Celestica Inc.	Add +4.7%	0.05%	+0.01

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	493	$40.7B	NVDA, AAPL, MSFT, AVGO, AMZN
Q1 2026	513	$31.6B	MSFT, NVDA, AVGO, AMZN, AAPL
Q4 2025	540	$35.2B	NVDA, MSFT, AAPL, AVGO, AMZN
Q3 2025	528	$35.6B	NVDA, MSFT, AAPL, AVGO, AMZN
Q2 2025	539	$33.8B	MSFT, NVDA, AAPL, AMZN, AVGO
Q1 2025	548	$32.2B	AAPL, MSFT, NVDA, AMZN, AVGO
Q4 2024	548	$35.9B	AAPL, NVDA, MSFT, AMZN, AVGO
Q3 2024	407	$15.1B	FERG, ROL, ZBRA, TRU, WST
Q2 2024	650	$56.1B	MSFT, AAPL, NVDA, AMZN, META
Q1 2024	716	$57.1B	MSFT, AAPL, AMZN, NVDA, META