Hedge Funds

Top Buys - Q1 2026

1812 positions

Stock 1,812	Investor	% of Portfolio i Weight of this holding as a percentage of the total portfolio	Value i Total dollar value of the position (shares x price)	Shares i Number of shares held	Reported Price i Price per share as reported in the SEC filing	Change i Change in share count from the previous quarter	Change % i Percentage change in share count from the previous quarter	Activity i Type of portfolio change: New, Increased, Decreased, or Sold
C CVX Chevron	Warren Buffett	7.24%	$19.84B	130,156,362	$152.41	+8,091,570	+6.63%	Add 6.63%
C CB Chubb Limited	Warren Buffett	3.90%	$10.69B	34,249,183	$312.12	+2,916,288	+9.31%	Add 9.31%
M MSFT Microsoft	Chris Hohn	15.13%	$8.12B	16,781,953	$483.62	+189,749	+1.14%	Add 1.14%
S SPGI S&P Global, Inc.	Chris Hohn	11.48%	$6.16B	11,790,310	$522.59	+600,440	+5.37%	Add 5.37%
I IEP Icahn Enterprises LP	Carl Icahn	49.12%	$4.15B	549,400,539	$7.55	+30,467,595	+5.87%	Add 5.87%
B BKNG Booking Holdings, Inc.	Dodge & Cox	2.12%	$3.92B	732,081	$5,355.33	+56,999	+8.44%	Add 8.44%
B BRK-B BERKSHIRE HATHAWAY INC DEL	Duan Yongping	20.63%	$3.61B	7,176,196	$502.65	+1,984,896	+38.24%	Add 38.24%
R REGN Regeneron Pharmaceuticals, Inc.	Dodge & Cox	1.92%	$3.55B	4,596,358	$771.87	+45,513	+1.00%	Add 1.00%
C CMCSA Comcast Corp.	Dodge & Cox	1.82%	$3.38B	112,967,514	$29.89	+399,596	+0.35%	Add 0.35%
F FISV Fiserv	Dodge & Cox	1.79%	$3.32B	49,474,622	$67.17	+10,840,613	+28.06%	Add 28.06%
M META Meta Platforms, Inc.	Dodge & Cox	1.79%	$3.31B	5,019,837	$660.09	+1,056,630	+26.66%	Add 26.66%
F FIS Fidelity National Information Services, Inc.	Dodge & Cox	1.76%	$3.26B	49,113,297	$66.46	+6,008,090	+13.94%	Add 13.94%
C CI Cigna Corp.	Dodge & Cox	1.65%	$3.07B	11,138,614	$275.23	+1,833,389	+19.70%	Add 19.70%
C CHTR Charter Communications, Inc.	Dodge & Cox	1.65%	$3.05B	14,609,220	$208.75	+2,801,671	+23.73%	Add 23.73%
B BN Brookfield Corp.	Bill Ackman	18.15%	$2.82B	61,403,089	$45.89	+20,382,858	+49.69%	Add 49.69%
A AON Aon PLC	Dodge & Cox	1.50%	$2.77B	7,852,456	$352.88	+4,387,773	+126.64%	Add 126.64%
C COF Capital One Financial Corp.	Bill Nygren	3.32%	$2.62B	10,825,295	$242.36	+1,800,024	+19.94%	Add 19.94%
S CRM SALESFORCE INC	Bill Nygren	3.28%	$2.59B	9,791,328	$264.91	+2,744,748	+38.95%	Add 38.95%
G GEHC GE HealthCare Technologies, Inc.	Dodge & Cox	1.38%	$2.56B	31,211,229	$82.02	+3,693,918	+13.42%	Add 13.42%
A ABNB AIRBNB INC	Bill Nygren	3.21%	$2.54B	18,694,408	$135.72	+3,240,477	+20.97%	Add 20.97%
I ICE INTERCONTINENTAL EXCHANGE IN	Bill Nygren	3.19%	$2.52B	15,584,531	$161.96	+5,388,812	+52.85%	Add 52.85%
F FTV Fortive Corp.	Dodge & Cox	1.32%	$2.44B	44,157,822	$55.21	+1,562,028	+3.67%	Add 3.67%
K KDP KEURIG DR PEPPER INC	Bill Nygren	3.05%	$2.42B	86,269,175	$28.01	+23,650,072	+37.77%	Add 37.77%
S SBAC SBA Communications	Dodge & Cox	1.25%	$2.32B	11,996,134	$193.43	+2,328,837	+24.09%	Add 24.09%
A APD Air Products & Chemicals, Inc.	Dodge & Cox	1.23%	$2.28B	9,236,610	$247.02	+231,718	+2.57%	Add 2.57%
W WTW Willis Towers Watson PLC	Dodge & Cox	1.23%	$2.28B	6,925,525	$328.60	+3,293,334	+90.67%	Add 90.67%
B BDX Becton, Dickinson & Co.	First Eagle Investment Management	3.98%	$2.26B	11,646,000	$194.07	+1,651,592	+16.53%	Add 16.53%
C COP ConocoPhillips	Bill Nygren	2.84%	$2.25B	24,002,747	$93.61	+5,138,469	+27.24%	Add 27.24%
A AMZN Amazon.com	Bill Ackman	14.28%	$2.22B	9,607,824	$230.82	+3,784,508	+64.99%	Add 64.99%
C SCHW Charles Schwab	Bill Nygren	2.78%	$2.20B	22,031,493	$99.91	+795,875	+3.75%	Add 3.75%
M MGA MAGNA INTL INC	Richard Pzena	6.38%	$2.13B	29,113,582	$73.17	+45,135	+0.16%	Add 0.16%
P NAN Pool	Thomas Russo	22.96%	$2.13B	30,487,439	$69.76	+15,616	+0.05%	Add 0.05%
Z ZBH Zimmer Biomet Holdings, Inc.	Dodge & Cox	1.14%	$2.11B	23,506,849	$89.92	+290,676	+1.25%	Add 1.25%
C COF Capital One Financial Corp.	Christopher Davis	9.38%	$2.09B	8,614,766	$242.36	+234,649	+2.80%	Add 2.80%
F FCNCA First Citizens BancShares, Inc.	Bill Nygren	2.52%	$1.99B	928,944	$2,146.18	+191,627	+25.99%	Add 25.99%
A AIG AMERICAN INTL GROUP INC	Bill Nygren	2.39%	$1.89B	22,144,430	$85.55	+4,351,778	+24.46%	Add 24.46%
B BN Brookfield Corp.	Dodge & Cox	1.02%	$1.89B	41,280,320	$45.89	+41,280,320	—	Buy
W WTW Willis Towers Watson PLC	Bill Nygren	2.33%	$1.84B	5,613,089	$328.60	+1,318,482	+30.70%	Add 30.70%
P PSX Phillips 66	Bill Nygren	2.28%	$1.80B	13,978,492	$129.04	+338,114	+2.48%	Add 2.48%
S SUI Sun Communities, Inc.	Dodge & Cox	0.97%	$1.80B	14,491,865	$123.91	+11,050	+0.08%	Add 0.08%
T TRGP TARGA RES CORP	Bill Nygren	2.27%	$1.80B	9,729,925	$184.50	+5,574,911	+134.17%	Add 134.17%
M META Meta Platforms, Inc.	Bill Ackman	11.37%	$1.76B	2,673,569	$660.09	+2,673,569	—	Buy
E ELV Elevance Health, Inc.	Bill Nygren	2.12%	$1.68B	4,794,445	$350.55	+1,604,821	+50.31%	Add 50.31%
E EFX EQUIFAX INC	Bill Nygren	2.07%	$1.64B	7,557,127	$216.98	+1,723,439	+29.54%	Add 29.54%
P NAN Pool	Howard Marks	23.19%	$1.63B	1,606,584,000	$1.01	+341,351,000	+26.98%	Add 26.98%
M MSFT Microsoft	Viking Global Investors	4.13%	$1.56B	3,217,642	$483.62	+788,230	+32.45%	Add 32.45%
T TSM Taiwan Semiconductor	Viking Global Investors	3.96%	$1.49B	4,914,896	$303.89	+970,530	+24.61%	Add 24.61%
M MRK Merck	Bill Nygren	1.87%	$1.48B	14,088,705	$105.26	+4,265,097	+43.42%	Add 43.42%
D DE Deere & Co.	Bill Nygren	1.84%	$1.46B	3,135,045	$465.57	+978,857	+45.40%	Add 45.40%
L LPLA LPL Financial Holdings, Inc.	Dodge & Cox	0.76%	$1.41B	3,948,970	$357.17	+619,715	+18.61%	Add 18.61%
E ELV Elevance Health, Inc.	First Eagle Investment Management	2.48%	$1.41B	4,022,874	$350.55	+24,271	+0.61%	Add 0.61%
V V Visa	Viking Global Investors	3.71%	$1.40B	3,984,205	$350.71	+1,087,175	+37.53%	Add 37.53%
D DPZ DOMINOS PIZZA INC	Warren Buffett	0.51%	$1.40B	3,350,000	$416.82	+368,055	+12.34%	Add 12.34%
D DAL DELTA AIR LINES INC DEL	Bill Nygren	1.73%	$1.36B	19,666,515	$69.40	+6,144,645	+45.44%	Add 45.44%
A AMZN Amazon.com	John Armitage	14.78%	$1.36B	5,892,496	$230.82	+1,839,247	+45.38%	Add 45.38%
F FISV Fiserv	Bill Nygren	1.71%	$1.35B	20,154,703	$67.17	+13,390,629	+197.97%	Add 197.97%
N NVDA NVIDIA	Duan Yongping	7.72%	$1.35B	7,237,100	$186.50	+6,639,300	+1110.62%	Add 1110.62%
F FER FERROVIAL SE	Chris Hohn	2.51%	$1.35B	20,740,214	$65.00	+1,269,548	+6.52%	Add 6.52%
B BAX Baxter International, Inc.	Richard Pzena	4.01%	$1.34B	70,046,251	$19.11	+12,659,211	+22.06%	Add 22.06%
P PDD PDD Holdings, Inc.	Duan Yongping	7.48%	$1.31B	11,536,694	$113.39	+2,962,500	+34.55%	Add 34.55%
F FICO Fair Isaac & Co.	Valley Forge Capital Management	29.49%	$1.30B	769,424	$1,690.62	+1,002	+0.13%	Add 0.13%
G GEHC GE HealthCare Technologies, Inc.	Bill Nygren	1.64%	$1.30B	15,854,646	$82.02	+4,833,318	+43.85%	Add 43.85%
W DIS Walt Disney	Viking Global Investors	3.38%	$1.27B	11,193,504	$113.77	+743,793	+7.12%	Add 7.12%
T TMUS T-Mobile U.S., Inc.	Dodge & Cox	0.68%	$1.26B	6,185,972	$203.04	+2,442,450	+65.24%	Add 65.24%
G GE General Electric Co.	Nelson Peltz	31.16%	$1.24B	4,030,765	$308.03	+552	+0.01%	Add 0.01%
B BN Brookfield Corp.	Chuck Akre	13.51%	$1.23B	26,843,633	$45.89	+7,627,692	+39.69%	Add 39.69%
A ALLY ALLY FINL INC	Bill Nygren	1.55%	$1.22B	27,045,748	$45.29	+47,307	+0.18%	Add 0.18%
W WFC Wells Fargo	Bill Nygren	1.52%	$1.20B	12,903,643	$93.20	+2,101,383	+19.45%	Add 19.45%
A APD Air Products & Chemicals, Inc.	Viking Global Investors	3.14%	$1.18B	4,782,534	$247.02	+1,115,415	+30.42%	Add 30.42%
U USB U.S. Bancorp	Christopher Davis	5.29%	$1.18B	22,041,759	$53.36	+2,610,197	+13.43%	Add 13.43%
C CPNG Coupang, Inc.	Dodge & Cox	0.63%	$1.16B	49,233,320	$23.59	+2,285,600	+4.87%	Add 4.87%
M META Meta Platforms, Inc.	Christopher Davis	5.20%	$1.16B	1,752,974	$660.10	+37,460	+2.18%	Add 2.18%
V V Visa	John Armitage	12.47%	$1.15B	3,270,999	$350.71	+887,626	+37.24%	Add 37.24%
S CRM SALESFORCE INC	First Eagle Investment Management	2.01%	$1.14B	4,319,206	$264.91	+628,382	+17.03%	Add 17.03%
C CTVA Corteva, Inc.	Bill Nygren	1.44%	$1.14B	17,026,221	$67.03	+10,675,052	+168.08%	Add 168.08%
C CBRE CBRE GROUP INC	Bill Nygren	1.41%	$1.11B	6,928,621	$160.79	+38,646	+0.56%	Add 0.56%
M MCD McDonalds	Viking Global Investors	2.94%	$1.11B	3,619,215	$305.63	+244,340	+7.24%	Add 7.24%
Z ZBH Zimmer Biomet Holdings, Inc.	Bill Nygren	1.39%	$1.10B	12,264,703	$89.92	+7,514,136	+158.17%	Add 158.17%
U UBS UBS Group AG	Richard Pzena	3.29%	$1.10B	29,774,573	$36.96	+28,100	+0.09%	Add 0.09%
C CMCSA Comcast Corp.	First Eagle Investment Management	1.90%	$1.08B	36,171,945	$29.89	+245,271	+0.68%	Add 0.68%
S SLB Schlumberger	First Eagle Investment Management	1.87%	$1.06B	27,718,458	$38.38	+174,564	+0.63%	Add 0.63%
F FNV FRANCO NEV CORP	First Eagle Investment Management	1.87%	$1.06B	5,123,444	$207.29	+1,074,257	+26.53%	Add 26.53%
H HUM Humana, Inc.	Richard Pzena	3.12%	$1.04B	4,072,208	$256.13	+41,125	+1.02%	Add 1.02%
L LEN Lennar Corporation	Greenhaven Associates	16.82%	$1.04B	10,094,147	$102.80	+440,753	+4.57%	Add 4.57%
C CCL CARNIVAL CORP	Sarah Ketterer	14.26%	$1.04B	33,944,782	$30.54	+2,032,781	+6.37%	Add 6.37%
A AMZN Amazon.com	Bill Nygren	1.30%	$1.03B	4,463,110	$230.82	+110,860	+2.55%	Add 2.55%
S SHW Sherwin-Williams	Viking Global Investors	2.73%	$1.03B	3,172,308	$324.03	+291,217	+10.11%	Add 10.11%
C CVS CVS Health Corp.	Christopher Davis	4.55%	$1.01B	12,760,511	$79.36	+1,356,870	+11.90%	Add 11.90%
A ADM Archer-Daniels-Midland Co.	Dodge & Cox	0.53%	$982.20M	17,084,645	$57.49	+2,016,101	+13.38%	Add 13.38%
M MGM MGM Resorts International	Christopher Davis	4.40%	$978.67M	26,820,202	$36.49	+2,866,750	+11.97%	Add 11.97%
A GOOGL ALPHABET INC	Christopher Davis	4.39%	$976.17M	3,118,760	$313.00	+348,166	+12.57%	Add 12.57%
V VTRS Viatris, Inc.	Christopher Davis	4.37%	$973.32M	78,177,984	$12.45	+8,832,339	+12.74%	Add 12.74%
A DOX AMDOCS LTD	Richard Pzena	2.90%	$969.10M	12,037,015	$80.51	+5,443,766	+82.57%	Add 82.57%
B BMY Bristol-Myers Squibb	Richard Pzena	2.90%	$967.87M	17,943,503	$53.94	+3,041,899	+20.41%	Add 20.41%
N NKE Nike	Bill Nygren	1.20%	$952.90M	14,956,882	$63.71	+6,277,987	+72.34%	Add 72.34%
E EXPD Expeditors International of WA	First Eagle Investment Management	1.66%	$940.60M	6,312,305	$149.01	+32,063	+0.51%	Add 0.51%
M MDT Medtronic PLC	First Eagle Investment Management	1.65%	$939.01M	9,775,234	$96.06	+40,196	+0.41%	Add 0.41%
M MET MetLife, Inc.	Richard Pzena	2.81%	$938.07M	11,883,338	$78.94	+2,211,315	+22.86%	Add 22.86%
W WDAY WORKDAY INC	First Eagle Investment Management	1.64%	$931.88M	4,338,773	$214.78	+2,028,085	+87.77%	Add 87.77%
M MSFT Microsoft	Mairs & Power Growth Fund	8.90%	$925.11M	1,912,896	$483.62	+7,349	+0.39%	Add 0.39%
S SPGI S&P Global, Inc.	Valley Forge Capital Management	20.83%	$918.81M	1,758,179	$522.59	+3,081	+0.18%	Add 0.18%
C CHTR Charter Communications, Inc.	Bill Nygren	1.15%	$906.98M	4,344,822	$208.75	+850,271	+24.33%	Add 24.33%
S SSNC SS&C TECHNOLOGIES HLDGS INC	Richard Pzena	2.70%	$901.61M	10,313,582	$87.42	+137,691	+1.35%	Add 1.35%
C CG CARLYLE GROUP INC	Bill Nygren	1.14%	$898.37M	15,198,269	$59.11	+4,270,119	+39.07%	Add 39.07%
T TSN TYSON FOODS	Richard Pzena	2.69%	$897.50M	15,310,513	$58.62	+1,480,987	+10.71%	Add 10.71%
M MKL Markel Corp	Christopher Davis	4.01%	$892.50M	415,160	$2,149.76	+41,632	+11.15%	Add 11.15%
W WY WEYERHAEUSER CO MTN BE	First Eagle Investment Management	1.57%	$891.24M	37,621,004	$23.69	+23,485,504	+166.15%	Add 166.15%
G GPN GLOBAL PMTS INC	Richard Pzena	2.64%	$883.11M	11,409,697	$77.40	+500,887	+4.59%	Add 4.59%
G GPN GLOBAL PMTS INC	Bill Nygren	1.11%	$878.36M	11,348,361	$77.40	+4,529,670	+66.43%	Add 66.43%
S NOW ServiceNow	Polen Capital Management	3.72%	$870.24M	5,680,788	$153.19	+4,556,712	+405.37%	Add 405.37%
R RGA REINSURANCE GRP OF AMERICA I	Bill Nygren	1.10%	$866.96M	4,261,078	$203.46	+915,397	+27.36%	Add 27.36%
F FLUT Flutter Entertainment PLC	Chase Coleman	2.90%	$860.92M	4,003,542	$215.04	+345,350	+9.44%	Add 9.44%
T TDY Teledyne Technologies, Inc.	Dodge & Cox	0.46%	$860.75M	1,685,340	$510.73	+4,378	+0.26%	Add 0.26%
B BA Boeing Company	Viking Global Investors	2.28%	$858.29M	3,953,087	$217.12	+942,536	+31.31%	Add 31.31%
C CTRA Coterra Energy, Inc.	Christopher Davis	3.85%	$856.39M	32,537,508	$26.32	+12,654,027	+63.64%	Add 63.64%
M MA MASTERCARD INCORPORATED	Valley Forge Capital Management	19.25%	$849.13M	1,487,409	$570.88	+2,637	+0.18%	Add 0.18%
U UNP Union Pacific	Bill Nygren	1.07%	$845.82M	3,656,510	$231.32	+2,190,923	+149.49%	Add 149.49%
T TRU TransUnion	Dodge & Cox	0.46%	$843.95M	9,842,006	$85.75	+9,842,006	—	Buy
V VST Vistra Corp.	Stephen Mandel	6.18%	$840.83M	5,211,885	$161.33	+512,644	+10.91%	Add 10.91%
A AER AERCAP HOLDINGS NV	Bill Nygren	1.06%	$839.63M	5,840,480	$143.76	+5,840,480	—	Buy
N NDAQ NASDAQ INC	Bill Nygren	1.06%	$837.42M	8,621,689	$97.13	+2,716,280	+46.00%	Add 46.00%
O OKE ONEOK Inc	First Eagle Investment Management	1.47%	$835.35M	11,365,304	$73.50	+3,596,089	+46.29%	Add 46.29%
A GOOGL ALPHABET INC	Viking Global Investors	2.21%	$834.54M	2,666,272	$313.00	+2,666,272	—	Buy
N NTR Nutrien, Ltd.	First Eagle Investment Management	1.45%	$821.32M	13,307,283	$61.72	+70,068	+0.53%	Add 0.53%
C CMCSA Comcast Corp.	Bill Nygren	1.04%	$820.73M	27,458,428	$29.89	+5,399,810	+24.48%	Add 24.48%
D DASH Doordash Inc Cl A	Henry Ellenbogen	7.67%	$810.51M	3,578,745	$226.48	+1,907,086	+114.08%	Add 114.08%
S SWKS SKYWORKS SOLUTIONS INC	Richard Pzena	2.40%	$800.64M	12,626,480	$63.41	+354,318	+2.89%	Add 2.89%
S CRM SALESFORCE INC	ValueAct Capital	11.29%	$793.27M	2,994,509	$264.91	+96,000	+3.31%	Add 3.31%
A AMZN Amazon.com	Christopher Davis	3.56%	$791.54M	3,429,262	$230.82	+291,276	+9.28%	Add 9.28%
B BIO Bio-Rad Laboratories Inc	First Eagle Investment Management	1.37%	$778.83M	2,570,473	$302.99	+50,154	+1.99%	Add 1.99%
I ICE INTERCONTINENTAL EXCHANGE IN	Viking Global Investors	2.06%	$777.92M	4,803,197	$161.96	+4,803,197	—	Buy
E EOG EOG Resources	Bill Nygren	0.98%	$774.16M	7,372,292	$105.01	+2,809,242	+61.57%	Add 61.57%
W WFC Wells Fargo	Christopher Davis	3.46%	$769.65M	8,258,031	$93.20	+471,979	+6.06%	Add 6.06%
T TSLA Tesla	Viking Global Investors	2.03%	$764.41M	1,699,741	$449.72	+89,913	+5.59%	Add 5.59%
R RKT ROCKET COS INC	ValueAct Capital	10.85%	$762.41M	39,380,652	$19.36	+13,985,025	+55.07%	Add 55.07%
T TMUS T-Mobile U.S., Inc.	Viking Global Investors	2.02%	$762.26M	3,754,218	$203.04	+491,752	+15.07%	Add 15.07%
T TOL Toll Brothers, Inc. (TOL)	Greenhaven Associates	12.28%	$757.66M	5,603,187	$135.22	+22,218	+0.40%	Add 0.40%
A ADBE Adobe Systems	Dodge & Cox	0.41%	$757.54M	2,164,475	$349.99	+570,969	+35.83%	Add 35.83%
P PM Philip Morris International, Inc.	Thomas Russo	8.13%	$753.48M	4,697,508	$160.40	+35,307	+0.76%	Add 0.76%
T TSN TYSON FOODS	Christopher Davis	3.38%	$751.95M	12,827,540	$58.62	+2,865,413	+28.76%	Add 28.76%
C CVNA CARVANA CO	Stephen Mandel	5.52%	$750.91M	1,779,328	$422.02	+14,037	+0.80%	Add 0.80%
B BLK BlackRock Inc	ValueAct Capital	10.59%	$743.89M	695,000	$1,070.34	+695,000	—	Buy
M MDT Medtronic PLC	Dodge & Cox	0.40%	$743.32M	7,738,043	$96.06	+12,972	+0.17%	Add 0.17%
S SW SMURFIT WESTROCK PLC	Sarah Ketterer	10.18%	$739.87M	19,132,879	$38.67	+11,609,896	+154.33%	Add 154.33%
C CRBG COREBRIDGE FINL INC	Bill Nygren	0.93%	$735.24M	24,370,017	$30.17	+5,644,724	+30.14%	Add 30.14%
B BN Brookfield Corp.	Stephen Mandel	5.37%	$730.72M	15,923,360	$45.89	+5,742,012	+56.40%	Add 56.40%
M MAS MASCO CORP	Bill Nygren	0.92%	$729.91M	11,501,911	$63.46	+4,090,719	+55.20%	Add 55.20%
P PPG PPG Industries, Inc.	Richard Pzena	2.18%	$727.34M	7,098,767	$102.46	+5,351,103	+306.19%	Add 306.19%
A AMZN Amazon.com	Viking Global Investors	1.92%	$721.73M	3,126,816	$230.82	+3,126,816	—	Buy
C CRBG COREBRIDGE FINL INC	Richard Pzena	2.13%	$712.99M	23,632,410	$30.17	+1,303,211	+5.84%	Add 5.84%
M META Meta Platforms, Inc.	ValueAct Capital	9.85%	$691.76M	1,047,974	$660.09	+279,300	+36.34%	Add 36.34%
M MCO MOODYS CORP	Valley Forge Capital Management	15.25%	$672.94M	1,317,292	$510.85	+3,148	+0.24%	Add 0.24%
D DKNG DRAFTKINGS INC NEW	Viking Global Investors	1.75%	$658.87M	19,119,912	$34.46	+4,116,561	+27.44%	Add 27.44%
M MPC MARATHON PETE CORP	Bill Nygren	0.83%	$655.72M	4,031,962	$162.63	+26,380	+0.66%	Add 0.66%
A ASML ASML HOLDING N V	Stephen Mandel	4.76%	$647.28M	605,017	$1,069.86	+605,017	—	Buy
C CSGP COSTAR GROUP INC	Chuck Akre	7.09%	$646.70M	9,617,805	$67.24	+311,320	+3.35%	Add 3.35%
D DOW Dow Inc	Richard Pzena	1.93%	$645.92M	27,626,887	$23.38	+460,658	+1.70%	Add 1.70%
P PPG PPG Industries, Inc.	First Eagle Investment Management	1.13%	$644.54M	6,290,622	$102.46	+26,793	+0.43%	Add 0.43%
K KKR KKR & CO INC	Stephen Mandel	4.68%	$637.54M	5,001,085	$127.48	+920,524	+22.56%	Add 22.56%
T TXN Texas Instruments	First Eagle Investment Management	1.11%	$633.12M	3,649,310	$173.49	+18,589	+0.51%	Add 0.51%
C CL Colgate-Palmolive Co.	First Eagle Investment Management	1.10%	$625.76M	7,918,979	$79.02	+29,876	+0.38%	Add 0.38%
R RAL Ralliant Corp.	Dodge & Cox	0.34%	$621.85M	12,214,679	$50.91	+1,434,376	+13.31%	Add 13.31%
M MELI MercadoLibre, Inc.	Henry Ellenbogen	5.87%	$620.25M	307,932	$2,014.26	+132,496	+75.52%	Add 75.52%
C CHTR Charter Communications, Inc.	First Eagle Investment Management	1.09%	$619.88M	2,969,507	$208.75	+1,617,148	+119.58%	Add 119.58%
C CPNG Coupang, Inc.	Chase Coleman	2.09%	$619.64M	26,267,259	$23.59	+10,429,680	+65.85%	Add 65.85%
C CDW CDW CORP	Bill Nygren	0.78%	$616.41M	4,525,812	$136.20	+4,251,262	+1548.45%	Add 1548.45%
A AMRZ Amrize, Ltd.	Bill Nygren	0.78%	$615.40M	11,379,547	$54.08	+11,379,547	—	Buy
G GLPI Gaming and Leisure Properties, Inc.	Dodge & Cox	0.33%	$607.34M	13,589,962	$44.69	+7,105	+0.05%	Add 0.05%
V V Visa	ValueAct Capital	8.58%	$602.61M	1,718,250	$350.71	+152,400	+9.73%	Add 9.73%
B BN Brookfield Corp.	Thomas Gayner	4.78%	$599.95M	13,073,609	$45.89	+4,357,868	+50.00%	Add 50.00%
B AVGO Broadcom Limited	Stephen Mandel	4.40%	$598.83M	1,730,216	$346.10	+180,804	+11.67%	Add 11.67%
A AMZN Amazon.com	Mairs & Power Growth Fund	5.76%	$598.46M	2,592,768	$230.82	+36,866	+1.44%	Add 1.44%
M MSFT Microsoft	Stephen Mandel	4.38%	$596.85M	1,234,125	$483.62	+25,520	+2.11%	Add 2.11%
I IFF International Flavors & Fragrances, Inc.	First Eagle Investment Management	1.05%	$595.16M	8,831,668	$67.39	+1,904,598	+27.50%	Add 27.50%
N NOK NOKIA CORP	Richard Pzena	1.78%	$594.87M	91,942,507	$6.47	+11,612,590	+14.46%	Add 14.46%
G GRBK GREEN BRICK PARTNERS INC	David Einhorn	20.82%	$593.23M	9,467,383	$62.66	+9,467,383	+100.00%	Buy
E EQR Equity Residential	First Eagle Investment Management	1.03%	$582.62M	9,242,013	$63.04	+44,127	+0.48%	Add 0.48%
A GOOG Alphabet Class C	Duan Yongping	3.33%	$582.22M	1,855,400	$313.80	+44,900	+2.48%	Add 2.48%
T TECK Teck Resources, Ltd.	Christopher Davis	2.59%	$575.62M	12,019,609	$47.89	+995,947	+9.03%	Add 9.03%
A APG API GROUP CORP	Henry Ellenbogen	5.44%	$574.56M	15,017,378	$38.26	+119,200	+0.80%	Add 0.80%
D DASH Doordash Inc Cl A	Stephen Mandel	4.21%	$572.97M	2,529,879	$226.48	+2,529,879	—	Buy
R ROST ROSS STORES INC	Viking Global Investors	1.51%	$570.59M	3,167,479	$180.14	+1,143,611	+56.51%	Add 56.51%
A GOOG Alphabet Class C	David Tepper	8.10%	$560.74M	1,786,931	$313.80	+399,431	+28.79%	Add 28.79%
N NVDA NVIDIA	Lee Ainslie	5.98%	$556.96M	2,986,355	$186.50	+843,025	+39.33%	Add 39.33%
M MSFT Microsoft	Lee Ainslie	5.97%	$556.40M	1,150,498	$483.62	+218,642	+23.46%	Add 23.46%
N NVDA NVIDIA	Daniel Loeb	7.56%	$550.17M	2,950,000	$186.50	+100,000	+3.51%	Add 3.51%
A AMZN Amazon.com	Lee Ainslie	5.90%	$549.96M	2,382,650	$230.82	+146,052	+6.53%	Add 6.53%
M MAA Mid-America Apartment Communities, Inc.	Viking Global Investors	1.43%	$538.98M	3,880,048	$138.91	+1,234,966	+46.69%	Add 46.69%
G GPC Genuine Parts Co	Bill Nygren	0.68%	$534.51M	4,347,003	$122.96	+1,434,789	+49.27%	Add 49.27%
C CPT CAMDEN PPTY TR	Viking Global Investors	1.39%	$524.48M	4,764,495	$110.08	+917,755	+23.86%	Add 23.86%
B BSX Boston Scientific Corp.	John Armitage	5.58%	$513.47M	5,385,084	$95.35	+72,580	+1.37%	Add 1.37%
O OMC OMNICOM GROUP INC	First Eagle Investment Management	0.90%	$512.93M	6,352,034	$80.75	+33,557	+0.53%	Add 0.53%
P PAYC PAYCOM SOFTWARE INC	Bill Nygren	0.65%	$511.51M	3,209,759	$159.36	+1,305,225	+68.53%	Add 68.53%
D DKS DICKS SPORTING GOODS INC	Viking Global Investors	1.35%	$509.37M	2,572,969	$197.97	+2,572,969	—	Buy
T TSM Taiwan Semiconductor	Lee Ainslie	5.41%	$504.05M	1,658,650	$303.89	+639,178	+62.70%	Add 62.70%
P PDD PDD Holdings, Inc.	Dodge & Cox	0.27%	$503.43M	4,439,800	$113.39	+4,439,800	—	Buy
M MU MICRON TECHNOLOGY INC	David Tepper	7.21%	$499.47M	1,750,000	$285.41	+1,250,000	+250.00%	Add 250.00%
N NU NU HLDGS LTD	Stephen Mandel	3.64%	$496.01M	29,630,237	$16.74	+4,223,788	+16.62%	Add 16.62%
T TXN Texas Instruments	Christopher Davis	2.22%	$495.01M	2,853,227	$173.49	+535,819	+23.12%	Add 23.12%
S SOLV SOLVENTUM CORP	Christopher Davis	2.22%	$492.88M	6,220,072	$79.24	+702,461	+12.73%	Add 12.73%
M MDLN MEDLINE INC	Stephen Mandel	3.62%	$492.10M	11,716,697	$42.00	+11,716,697	—	Buy
Z ZTS Zoetis Inc	Terry Smith	2.87%	$490.80M	3,900,803	$125.82	+285,672	+7.90%	Add 7.90%
C CRS CARPENTER TECHNOLOGY CORP	John Armitage	5.31%	$488.95M	1,553,012	$314.84	+178,679	+13.00%	Add 13.00%
T TLNE Talen Energy Corp	Stephen Mandel	3.56%	$484.49M	1,292,516	$374.84	+100,000	+8.39%	Add 8.39%
R RBLX ROBLOX CORP	ValueAct Capital	6.89%	$484.22M	5,975,821	$81.03	+1,692,600	+39.52%	Add 39.52%
Z Z ZILLOW GROUP INC	Chase Coleman	1.63%	$483.05M	7,080,690	$68.22	+1,252,503	+21.49%	Add 21.49%
V VMC Vulcan Materials Co.	Stephen Mandel	3.53%	$480.29M	1,683,932	$285.22	+299,308	+21.62%	Add 21.62%
I ISRG Intuitive Surgical, Inc.	Polen Capital Management	2.04%	$477.22M	842,618	$566.36	+842,618	—	Buy
U USB U.S. Bancorp	First Eagle Investment Management	0.83%	$470.55M	8,818,344	$53.36	+45,066	+0.51%	Add 0.51%
N NFLX NETFLIX INC	Thomas Russo	5.07%	$469.25M	5,004,765	$93.76	+4,490,340	+872.89%	Add 872.89%
F FICO Fair Isaac & Co.	Chuck Akre	5.14%	$469.05M	277,445	$1,690.62	+16,596	+6.36%	Add 6.36%
S SE SEA LTD	Viking Global Investors	1.24%	$468.38M	3,671,545	$127.57	+632,342	+20.81%	Add 20.81%
U UHS Universal Health Services	Richard Pzena	1.38%	$460.59M	2,112,604	$218.02	+505,575	+31.46%	Add 31.46%
T TMO Thermo Fisher Scientific	Viking Global Investors	1.22%	$459.61M	793,187	$579.45	+793,187	—	Buy
I ICLR ICON PLC	Bill Nygren	0.58%	$457.40M	2,510,166	$182.22	+167,607	+7.15%	Add 7.15%
M MLM Martin Marietta Materials	Thomas Russo	4.88%	$452.43M	726,612	$622.66	+39,075	+5.68%	Add 5.68%
R RRX REGAL REXNORD CORP	Viking Global Investors	1.20%	$452.38M	3,223,940	$140.32	+100,678	+3.22%	Add 3.22%
C CHWY CHEWY INC	Viking Global Investors	1.19%	$447.39M	13,536,645	$33.05	+8,052,955	+146.85%	Add 146.85%
I IBKR INTERACTIVE BROKERS GROUP IN	John Armitage	4.85%	$446.28M	6,939,581	$64.31	+685,447	+10.96%	Add 10.96%
C STZ CONSTELLATION BRANDS INC	Bill Nygren	0.56%	$446.18M	3,234,152	$137.96	+1,184,811	+57.81%	Add 57.81%
S STLA Stellantis NV (STLA)	Viking Global Investors	1.15%	$434.32M	39,062,551	$11.12	+39,062,551	—	Buy
C CCL CARNIVAL CORP	Viking Global Investors	1.14%	$429.45M	14,061,827	$30.54	+14,061,827	—	Buy
U UBER UBER TECHNOLOGIES INC	Thomas Russo	4.54%	$420.40M	5,145,060	$81.71	+434,219	+9.22%	Add 9.22%
U UNH UnitedHealth Group	Christopher Davis	1.89%	$420.37M	1,273,400	$330.11	+134,097	+11.77%	Add 11.77%
N NVDA NVIDIA	Jensen Investment Management	6.61%	$420.32M	2,253,736	$186.50	+93,472	+4.33%	Add 4.33%
U UNP Union Pacific	Daniel Loeb	5.76%	$418.69M	1,810,000	$231.32	+935,000	+106.86%	Add 106.86%
S FOUR SHIFT4 PMTS INC	Henry Ellenbogen	3.94%	$416.04M	6,606,969	$62.97	+980,485	+17.43%	Add 17.43%
M MSFT Microsoft	Duan Yongping	2.38%	$415.43M	859,000	$483.62	+579,800	+207.66%	Add 207.66%
I INTU Intuit	Terry Smith	2.42%	$414.42M	625,619	$662.42	+21,163	+3.50%	Add 3.50%
B SQ BLOCK INC	Chase Coleman	1.39%	$414.29M	6,364,840	$65.09	+1,941,528	+43.89%	Add 43.89%
C CRS CARPENTER TECHNOLOGY CORP	Stephen Mandel	3.04%	$413.37M	1,312,938	$314.84	+1,312,938	—	Buy
Y YUMC Yum China Holdings, Inc.	Dodge & Cox	0.22%	$408.37M	8,553,962	$47.74	+33,100	+0.39%	Add 0.39%
R RKT ROCKET COS INC	Leon Cooperman	13.50%	$406.88M	21,016,600	$19.36	+21,016,600	—	Buy
M META Meta Platforms, Inc.	David Tepper	5.72%	$396.05M	600,000	$660.09	+230,000	+62.16%	Add 62.16%
U UNH UnitedHealth Group	Viking Global Investors	1.05%	$395.23M	1,197,273	$330.11	+1,197,273	—	Buy
M MCO MOODYS CORP	John Armitage	4.29%	$395.10M	773,409	$510.85	+773,409	—	Buy
W DIS Walt Disney	First Eagle Investment Management	0.69%	$391.75M	3,443,391	$113.77	+16,924	+0.49%	Add 0.49%
C CVNA CARVANA CO	Henry Ellenbogen	3.69%	$390.39M	925,045	$422.02	+32,568	+3.65%	Add 3.65%
W WING WINGSTOP INC	Stephen Mandel	2.80%	$380.45M	1,595,258	$238.49	+104,013	+6.97%	Add 6.97%
B BDX Becton, Dickinson & Co.	Steven Romick	4.99%	$378.68M	1,951,246	$194.07	+1,014,989	+108.41%	Add 108.41%
T TSM Taiwan Semiconductor	Duan Yongping	2.13%	$372.08M	1,224,384	$303.89	+964,400	+370.95%	Add 370.95%
B BRK-B BERKSHIRE HATHAWAY INC DEL	Christopher Davis	1.67%	$371.91M	739,875	$502.66	+205,927	+38.57%	Add 38.57%
C CB Chubb Limited	Christopher Davis	1.66%	$370.38M	1,186,647	$312.12	+116,202	+10.86%	Add 10.86%
I IWF ISHARES TR	Polen Capital Management	1.57%	$367.32M	776,086	$473.30	+548,235	+240.61%	Add 240.61%
T TCOM Trip.com Group, Ltd.	Christopher Davis	1.63%	$363.39M	5,053,389	$71.91	+111,944	+2.27%	Add 2.27%
C CTRI Centuri Holdings, Inc.	Carl Icahn	4.29%	$361.99M	14,336,044	$25.25	+3,488,372	+32.16%	Add 32.16%
I IFF International Flavors & Fragrances, Inc.	Steven Romick	4.72%	$358.92M	5,326,041	$67.39	+422,179	+8.61%	Add 8.61%
A GOOG Alphabet Class C	Lee Ainslie	3.85%	$358.20M	1,141,503	$313.80	+1,141,503	—	Buy
C CHYM Chime Financial, Inc.	Chase Coleman	1.20%	$357.23M	14,192,499	$25.17	+1,721,731	+13.81%	Add 13.81%
T THC TENET HEALTHCARE CORP	Stephen Mandel	2.61%	$355.18M	1,787,326	$198.72	+1,787,326	—	Buy
N NYT NEW YORK TIMES CO	Warren Buffett	0.13%	$351.66M	5,065,744	$69.42	+5,065,744	—	Buy
A ACN Accenture	Richard Pzena	1.05%	$350.86M	1,307,722	$268.30	+969,792	+286.98%	Add 286.98%
P PM Philip Morris International, Inc.	Lee Ainslie	3.75%	$349.19M	2,177,027	$160.40	+554,925	+34.21%	Add 34.21%
F FERG FERGUSON PLC NEW	Henry Ellenbogen	3.29%	$347.60M	1,561,342	$222.63	+472,372	+43.38%	Add 43.38%
S SLM SLM CORP	Glenn Greenberg	8.13%	$347.23M	12,831,965	$27.06	+1,172,547	+10.06%	Add 10.06%
N NE NOBLE CORP PLC	First Eagle Investment Management	0.61%	$344.41M	12,195,825	$28.24	+29,617	+0.24%	Add 0.24%
T TSM Taiwan Semiconductor	David Tepper	4.96%	$343.39M	1,130,000	$303.89	+70,000	+6.60%	Add 6.60%
A AZN AstraZeneca PLC	Bill Nygren	0.43%	$342.87M	3,729,731	$91.93	+3,729,731	—	Buy
A GOOG Alphabet Class C	John Armitage	3.68%	$338.52M	1,078,768	$313.80	+1,078,768	—	Buy
R RKT ROCKET COS INC	Henry Ellenbogen	3.20%	$338.22M	17,470,197	$19.36	+6,478,961	+58.95%	Add 58.95%
C CRL CHARLES RIV LABS INTL INC	Bill Nygren	0.42%	$334.65M	1,677,606	$199.48	+204,522	+13.88%	Add 13.88%
F FNF FIDELITY NATIONAL FINANCIAL	First Eagle Investment Management	0.59%	$333.13M	6,102,523	$54.59	+54,756	+0.91%	Add 0.91%
E EXR EXTRA SPACE STORAGE INC	First Eagle Investment Management	0.58%	$332.33M	2,552,053	$130.22	+974,804	+61.80%	Add 61.80%
A AAPL Apple	Mairs & Power Growth Fund	3.19%	$330.99M	1,217,486	$271.86	+34,743	+2.94%	Add 2.94%
S NOW ServiceNow	Chase Coleman	1.10%	$325.82M	2,126,890	$153.19	+1,826,890	+608.96%	Add 608.96%
C CRH CRH PLC - Sponsored ADR (CRH)	Daniel Loeb	4.46%	$324.48M	2,600,000	$124.80	+435,000	+20.09%	Add 20.09%
C CLH CLEAN HARBORS INC	Stephen Mandel	2.37%	$323.14M	1,378,125	$234.48	+1,378,125	—	Buy
V V Visa	Valley Forge Capital Management	7.29%	$321.39M	916,410	$350.71	+4,393	+0.48%	Add 0.48%
I IPGP IPG PHOTONICS CORP	First Eagle Investment Management	0.57%	$321.27M	4,487,103	$71.60	+12,344	+0.28%	Add 0.28%
A AN AUTONATION, INC.	Glenn Greenberg	7.51%	$320.61M	1,552,741	$206.48	+338,698	+27.90%	Add 27.90%
N NCLH NORWEGIAN CRUISE LINE HLDG L	Charles Bobrinskoy	3.46%	$320.32M	14,351,367	$22.32	+2,267,075	+18.76%	Add 18.76%
C CB Chubb Limited	Viking Global Investors	0.84%	$316.44M	1,013,839	$312.12	+1,013,839	—	Buy
C COF Capital One Financial Corp.	Lee Ainslie	3.37%	$314.19M	1,296,397	$242.36	+212,463	+19.60%	Add 19.60%
V SMH VANECK VECTORS SEMICONDUCTOR ETF	Howard Marks	4.43%	$311.51M	865,000	$360.13	+865,000	—	Buy
C CPRT Copart	Chuck Akre	3.38%	$308.03M	7,867,967	$39.15	+3,631,207	+85.71%	Add 85.71%
C BAP Credicorp, Ltd.	Richard Pzena	0.92%	$306.79M	1,068,942	$287.00	+15,886	+1.51%	Add 1.51%
P PINS PINTEREST INC	Christopher Davis	1.37%	$305.55M	11,801,983	$25.89	+3,909,926	+49.54%	Add 49.54%
U UNP Union Pacific	Lee Ainslie	3.26%	$303.77M	1,313,207	$231.32	+197,597	+17.71%	Add 17.71%
T TPX Tempur Sealy International	Daniel Loeb	4.17%	$303.55M	3,400,000	$89.28	+400,000	+13.33%	Add 13.33%
P PGR PROGRESSIVE CORP	Viking Global Investors	0.80%	$303.22M	1,331,538	$227.72	+1,331,538	—	Buy
L LII LENNOX INTL INC	Viking Global Investors	0.80%	$301.70M	621,311	$485.58	+621,311	—	Buy
L LLYVK Liberty Media Corp Liberty Liv	ValueAct Capital	4.27%	$299.71M	3,603,988	$83.16	+88,100	+2.51%	Add 2.51%
T TW Tradeweb Markets	Viking Global Investors	0.79%	$297.74M	2,768,659	$107.54	+2,768,659	—	Buy
M MDLN MEDLINE INC	Viking Global Investors	0.78%	$292.28M	6,959,157	$42.00	+6,959,157	—	Buy
A AMAT Applied Materials	Lee Ainslie	3.12%	$290.73M	1,131,276	$256.99	+1,131,276	—	Buy
O OSW OneSpaWorld Holdings Ltd	Charles Bobrinskoy	3.14%	$290.59M	14,011,310	$20.74	+821,710	+6.23%	Add 6.23%
M MSA MSA SAFETY INC	Ruane Cunniff	4.53%	$290.12M	1,811,635	$160.14	+106,349	+6.24%	Add 6.24%
M MDLN MEDLINE INC	Henry Ellenbogen	2.74%	$289.80M	6,900,000	$42.00	+6,900,000	—	Buy
P PRVA PRIVIA HEALTH GROUP INC	Henry Ellenbogen	2.71%	$286.60M	12,087,843	$23.71	+396,158	+3.39%	Add 3.39%
O OPCH OPTION CARE HEALTH INC	Henry Ellenbogen	2.71%	$286.46M	8,991,254	$31.86	+1,559,485	+20.98%	Add 20.98%
T TOST TOAST INC	ValueAct Capital	4.05%	$284.62M	8,015,277	$35.51	+4,618,077	+135.94%	Add 135.94%
B BN Brookfield Corp.	Daniel Loeb	3.91%	$284.52M	6,200,000	$45.89	+1,525,000	+32.62%	Add 32.62%
A AFRM AFFIRM HLDGS INC	Stephen Mandel	2.09%	$284.11M	3,817,170	$74.43	+3,817,170	—	Buy
V V Visa	Mairs & Power Growth Fund	2.71%	$281.45M	802,518	$350.71	+11,371	+1.44%	Add 1.44%
B BSX Boston Scientific Corp.	Lee Ainslie	3.01%	$280.73M	2,944,254	$95.35	+2,944,254	—	Buy
A ASML ASML HOLDING N V	Lee Ainslie	3.00%	$279.24M	261,003	$1,069.86	+70,609	+37.09%	Add 37.09%
Q DGX QUEST DIAGNOSTICS INC	Christopher Davis	1.24%	$275.89M	1,589,883	$173.53	+228,271	+16.76%	Add 16.76%
R QSR RESTAURANT BRANDS INTL INC	Christopher Davis	1.23%	$274.34M	4,020,791	$68.23	+478,403	+13.51%	Add 13.51%
V VMC Vulcan Materials Co.	John Armitage	2.98%	$273.86M	960,173	$285.22	+960,173	—	Buy
V V Visa	Lee Ainslie	2.92%	$272.45M	776,863	$350.71	+776,863	—	Buy
M MSFT Microsoft	First Eagle Investment Management	0.47%	$269.67M	557,601	$483.62	+11,748	+2.15%	Add 2.15%
A AJG Arthur J. Gallagher	Viking Global Investors	0.71%	$269.39M	1,040,977	$258.79	+1,040,977	—	Buy
R ROST ROSS STORES INC	First Eagle Investment Management	0.46%	$263.83M	1,464,567	$180.14	+34,191	+2.39%	Add 2.39%
S SPY SPDR S&P 500 ETF TR	Howard Marks	3.74%	$262.54M	385,000	$681.92	+55,000	+16.67%	Add 16.67%
A AMZN Amazon.com	Jensen Investment Management	4.12%	$261.67M	1,133,670	$230.82	+1,133,670	—	Buy
M MICC MAGNUM ICE CREAM CO NV ADR	First Eagle Investment Management	0.46%	$260.54M	16,313,055	$15.97	+16,313,055	—	Buy
M MSFT Microsoft	Thomas Gayner	2.07%	$259.06M	535,680	$483.62	+3,600	+0.68%	Add 0.68%
E ENTG Entegris	Stephen Mandel	1.89%	$257.32M	3,054,230	$84.25	+3,054,230	—	Buy
L LAZ Lazard Ltd	Charles Bobrinskoy	2.78%	$257.21M	5,296,822	$48.56	+50,933	+0.97%	Add 0.97%
M MRP Millrose Properties (MRP)	Glenn Greenberg	6.02%	$256.89M	8,600,224	$29.87	+3,224,632	+59.99%	Add 59.99%
W WEN WENDYS CO	Nelson Peltz	6.36%	$253.57M	30,440,318	$8.33	+3,295	+0.01%	Add 0.01%
A ACN Accenture	Ruane Cunniff	3.95%	$253.12M	943,420	$268.30	+943,420	—	Buy
P PBH PRESTIGE CONSMR HEALTHCARE I	Charles Bobrinskoy	2.73%	$253.08M	4,102,497	$61.69	+507,538	+14.12%	Add 14.12%
R RTX RTX	Lee Ainslie	2.69%	$251.04M	1,368,842	$183.40	+9,257	+0.68%	Add 0.68%
W WYNN WYNN RESORTS LTD	John Armitage	2.71%	$249.05M	2,069,751	$120.33	+2,069,751	—	Buy
M MDLZ Mondelez International, Inc.	Bill Nygren	0.31%	$248.68M	4,619,758	$53.83	+3,184,789	+221.94%	Add 221.94%
L LEN Lennar Corporation	Glenn Greenberg	5.81%	$247.89M	2,411,414	$102.80	+405,908	+20.24%	Add 20.24%
L LYV Live Nation Entertainment, Inc.	Daniel Loeb	3.38%	$245.81M	1,725,000	$142.50	+375,000	+27.78%	Add 27.78%
B BLDR BUILDERS FIRSTSOURCE INC	Glenn Greenberg	5.73%	$244.79M	2,379,145	$102.89	+573,764	+31.78%	Add 31.78%
C COF Capital One Financial Corp.	Glenn Greenberg	5.73%	$244.51M	1,008,862	$242.36	+44,132	+4.57%	Add 4.57%
P NAN Pool	Clifford Sosin	10.44%	$243.93M	10,515,447	$23.20	+10,515,447	—	Buy
G IT GARTNER INC	Bill Nygren	0.31%	$243.19M	963,984	$252.28	+963,984	—	Buy
D DE Deere & Co.	First Eagle Investment Management	0.43%	$243.13M	522,213	$465.57	+10,373	+2.03%	Add 2.03%
M MSFT Microsoft	David Tepper	3.49%	$241.81M	500,000	$483.62	+37,500	+8.11%	Add 8.11%
F FAF First American Financial Corp	Charles Bobrinskoy	2.60%	$240.67M	3,917,150	$61.44	+191,966	+5.15%	Add 5.15%
M MPLX MPLX LP	Glenn Greenberg	5.59%	$238.78M	4,474,115	$53.37	+6,641	+0.15%	Add 0.15%
S SSD Simpson Manufacturing Co Inc	ValueAct Capital	3.38%	$237.71M	1,472,142	$161.47	+264,200	+21.87%	Add 21.87%
T TLNE Talen Energy Corp	Howard Marks	3.37%	$236.57M	631,117	$374.84	+275,000	+77.22%	Add 77.22%
A AVTR Avantor, Inc.	Greenhaven Associates	3.81%	$234.94M	20,500,653	$11.46	+2,189,083	+11.95%	Add 11.95%
D DLR Digital Realty Trust	Viking Global Investors	0.62%	$233.30M	1,507,988	$154.71	+1,507,988	—	Buy
M MIDD MIDDLEBY CORP	Charles Bobrinskoy	2.50%	$231.72M	1,558,645	$148.67	+285,527	+22.43%	Add 22.43%
A AON Aon PLC	Steven Romick	3.05%	$231.68M	656,531	$352.88	+2,086	+0.32%	Add 0.32%
O OC OWENS CORNING NEW	Christopher Davis	1.03%	$229.03M	2,046,583	$111.91	+269,216	+15.15%	Add 15.15%
Q Q Qnity Electronics, Inc.	Henry Ellenbogen	2.16%	$228.69M	2,800,861	$81.65	+2,800,861	—	Buy
N NFLX NETFLIX INC	Chase Coleman	0.77%	$228.68M	2,439,000	$93.76	+2,237,100	+1108.02%	Add 1108.02%
A AJG Arthur J. Gallagher	Dodge & Cox	0.12%	$227.89M	880,585	$258.79	+880,585	—	Buy
B TECH BIO-TECHNE CORP	Lee Ainslie	2.43%	$226.47M	3,850,923	$58.81	+838,269	+27.82%	Add 27.82%
I IEX IDEX Corp.	Dodge & Cox	0.12%	$224.66M	1,262,550	$177.94	+918,208	+266.66%	Add 266.66%
A GOOG Alphabet Class C	Christopher Davis	1.00%	$223.10M	710,963	$313.80	+64,912	+10.05%	Add 10.05%
F FLR FLUOR CORP NEW	David Einhorn	7.73%	$220.18M	5,555,900	$39.63	+5,555,900	+100.00%	Buy
L LOW LOWES COS INC	Viking Global Investors	0.58%	$219.95M	912,040	$241.16	+912,040	—	Buy
E ET ENERGY TRANSFER L P	Leon Cooperman	7.29%	$219.65M	13,320,100	$16.49	+225,100	+1.72%	Add 1.72%
U UBER UBER TECHNOLOGIES INC	John Armitage	2.38%	$219.08M	2,681,172	$81.71	+2,681,172	—	Buy
F FLUT Flutter Entertainment PLC	Bill Nygren	0.28%	$218.69M	1,016,963	$215.04	+376,782	+58.86%	Add 58.86%
A AAL AMERICAN AIRLS GROUP INC	David Tepper	3.13%	$216.92M	14,150,000	$15.33	+4,900,000	+52.97%	Add 52.97%
G GFL GFL ENVIRONMENTAL INC	Lee Ainslie	2.32%	$215.76M	5,023,417	$42.95	+3,436,419	+216.54%	Add 216.54%
F FIG FIGMA INC	Viking Global Investors	0.57%	$214.97M	5,752,388	$37.37	+5,752,388	—	Buy
A AG AGCO CORP.	Christopher Davis	0.96%	$213.74M	2,048,835	$104.32	+235,913	+13.01%	Add 13.01%
C CSGP COSTAR GROUP INC	Daniel Loeb	2.93%	$212.81M	3,165,000	$67.24	+148,000	+4.91%	Add 4.91%
K KSPI Kaspi.KZ JSC	Richard Pzena	0.63%	$211.40M	2,705,734	$78.13	+973,586	+56.21%	Add 56.21%
E ERJ EMBRAER S.A.	John Armitage	2.29%	$211.01M	3,278,140	$64.37	+1,161,128	+54.85%	Add 54.85%
D DASH Doordash Inc Cl A	Thomas Russo	2.27%	$210.73M	930,467	$226.48	+4,104	+0.44%	Add 0.44%
A ARW ARROW ELECTRIC	Greenhaven Associates	3.39%	$209.34M	1,899,971	$110.18	+1,572	+0.08%	Add 0.08%
M META Meta Platforms, Inc.	Mairs & Power Growth Fund	2.01%	$208.94M	316,529	$660.09	+59,602	+23.20%	Add 23.20%
U UAA UNDER ARMOUR INC	Prem Watsa	10.01%	$208.53M	41,958,923	$4.97	+35,647,123	+564.77%	Add 564.77%
C CI Cigna Corp.	Christopher Davis	0.93%	$207.21M	752,852	$275.24	+96,534	+14.71%	Add 14.71%
M META Meta Platforms, Inc.	Francois Rochon	6.90%	$206.90M	313,449	$660.09	+1,639	+0.53%	Add 0.53%
C CSL CARLISLE COS INC	First Eagle Investment Management	0.36%	$206.68M	646,162	$319.86	+109,410	+20.38%	Add 20.38%
M MNST MONSTER BEVERAGE CORP NEW	Lee Ainslie	2.22%	$206.49M	2,693,291	$76.67	+1,351,326	+100.70%	Add 100.70%
E EQH EQUITABLE HLDGS INC	Richard Pzena	0.62%	$206.10M	4,325,348	$47.65	+28,340	+0.66%	Add 0.66%
W WLTH WEALTHFRONT CORP	Chase Coleman	0.69%	$205.98M	15,156,877	$13.59	+15,156,877	—	Buy
A ASML ASML HOLDING N V	Pat Dorsey	17.89%	$205.78M	192,343	$1,069.86	+19,117	+11.04%	Add 11.04%
B BAX Baxter International, Inc.	Greenhaven Associates	3.31%	$204.35M	10,693,223	$19.11	+4,404,874	+70.05%	Add 70.05%
I ITUB Itau Unibanco Holding SA	Viking Global Investors	0.54%	$203.32M	28,396,545	$7.16	+28,396,545	—	Buy
C CCU COMPANIA CERVECERIAS UNIDAS	First Eagle Investment Management	0.36%	$203.09M	15,915,910	$12.76	+16,926	+0.11%	Add 0.11%
C CPT CAMDEN PPTY TR	Lee Ainslie	2.17%	$202.30M	1,837,790	$110.08	+1,837,790	—	Buy
U ULS UL SOLUTIONS INC	Henry Ellenbogen	1.91%	$202.16M	2,563,523	$78.86	+2,563,523	—	Buy
P PRI PRIMERICA INC	Glenn Greenberg	4.72%	$201.55M	780,125	$258.36	+27,136	+3.60%	Add 3.60%
M MSI Motorola Solutions	Mairs & Power Growth Fund	1.94%	$201.32M	525,214	$383.32	+64,985	+14.12%	Add 14.12%
W WEC WEC ENERGY GROUP INC	Mairs & Power Growth Fund	1.94%	$201.30M	1,908,774	$105.46	+114,923	+6.41%	Add 6.41%
M MTZ MASTEC INC.	Daniel Loeb	2.76%	$201.07M	925,000	$217.37	+200,000	+27.59%	Add 27.59%
A GOOG Alphabet Class C	Francois Rochon	6.69%	$200.68M	639,507	$313.80	+1,294	+0.20%	Add 0.20%
L LPLA LPL Financial Holdings, Inc.	Thomas Gayner	1.59%	$200.00M	559,951	$357.17	+6,630	+1.20%	Add 1.20%
C CCCS CCC Intel Solutions	Chuck Akre	2.16%	$197.45M	24,836,984	$7.95	+8,566,856	+52.65%	Add 52.65%
A ATGE Adtalem Global Education Inc	Charles Bobrinskoy	2.12%	$196.35M	1,897,628	$103.47	+602,752	+46.55%	Add 46.55%
C CLH CLEAN HARBORS INC	Henry Ellenbogen	1.85%	$195.74M	834,763	$234.48	+261,097	+45.51%	Add 45.51%
C CVNA CARVANA CO	Lee Ainslie	2.09%	$194.92M	461,874	$422.02	+244,322	+112.31%	Add 112.31%
W WSO WATSCO INC	Thomas Gayner	1.55%	$194.65M	577,669	$336.95	+12,500	+2.21%	Add 2.21%
F FNF FIDELITY NATIONAL FINANCIAL	Glenn Greenberg	4.50%	$192.11M	3,519,089	$54.59	+29,775	+0.85%	Add 0.85%
A ALGN ALIGN TECHNOLOGY INC	Ruane Cunniff	2.98%	$190.90M	1,222,534	$156.15	+1,222,534	—	Buy
H HEI-A HEICO CORP NEW	Francois Rochon	6.35%	$190.47M	754,532	$252.43	+5,031	+0.67%	Add 0.67%
F YMM FULL TRUCK ALLIANCE CO LTD	Christopher Davis	0.85%	$188.18M	17,537,524	$10.73	+2,555,751	+17.06%	Add 17.06%
M MHK Mohawk Industries, Inc.	Charles Bobrinskoy	2.03%	$187.56M	1,716,027	$109.30	+18,924	+1.12%	Add 1.12%
N NWL Newell Brands, Inc	Richard Pzena	0.56%	$186.07M	50,019,553	$3.72	+2,375,782	+4.99%	Add 4.99%
C CNH CNH INDUSTRIALS	Tweedy Browne Co.	15.02%	$186.07M	20,180,953	$9.22	+6,899,583	+51.95%	Add 51.95%
C CNR CORE NATURAL RESOURCES INC	David Einhorn	6.52%	$185.91M	2,100,480	$88.51	+2,100,480	+100.00%	Buy
A AMRZ Amrize, Ltd.	Steven Romick	2.43%	$184.31M	3,408,072	$54.08	+3,408,072	—	Buy
R RKT ROCKET COS INC	Daniel Loeb	2.53%	$184.21M	9,515,000	$19.36	+5,515,000	+137.88%	Add 137.88%
G GNTX GENTEX CORP	Charles Bobrinskoy	1.98%	$183.60M	7,889,928	$23.27	+671,848	+9.31%	Add 9.31%
I EWY iShares MSCI South Korea ETF	David Tepper	2.63%	$182.29M	1,875,000	$97.22	+1,875,000	—	Buy
B BHF Brighthouse Financial, Inc.	David Einhorn	6.35%	$180.90M	2,792,100	$64.79	+2,792,100	+100.00%	Buy
A AXP AMERICAN EXPRESS CO	Thomas Gayner	1.44%	$180.72M	488,500	$369.95	+4,250	+0.88%	Add 0.88%
S SLB Schlumberger	Greenhaven Associates	2.90%	$178.88M	4,660,827	$38.38	+4,660,827	—	Buy
I ICLR ICON PLC	Steven Romick	2.35%	$178.72M	980,804	$182.22	+6,479	+0.66%	Add 0.66%
L LOW LOWES COS INC	Thomas Gayner	1.41%	$177.13M	734,480	$241.16	+7,750	+1.07%	Add 1.07%
F FBIN Fortune Brands Innovations Inc	Steven Romick	2.32%	$176.29M	3,524,498	$50.02	+658,407	+22.97%	Add 22.97%
C CMG CHIPOTLE MEXICAN GRILL INC	Daniel Loeb	2.40%	$174.82M	4,725,000	$37.00	+4,725,000	—	Buy
D DUSA Davis Select U.S. Equity ETF	Christopher Davis	0.78%	$173.05M	3,384,566	$51.13	+1,228	+0.04%	Add 0.04%
J JBS JBS NV	Christopher Davis	0.77%	$170.94M	11,854,741	$14.42	+11,854,741	—	Buy
M MAT Mattel, Inc.	Mason Hawkins	7.57%	$170.03M	8,570,328	$19.84	+409,032	+5.01%	Add 5.01%
C COP ConocoPhillips	Christopher Davis	0.76%	$168.30M	1,797,887	$93.61	+198,576	+12.42%	Add 12.42%
C CEG Constellation Energy Group	Daniel Loeb	2.31%	$167.80M	475,000	$353.27	+475,000	—	Buy
D XRAY DENTSPLY SIRONA INC	First Eagle Investment Management	0.29%	$167.34M	14,640,555	$11.43	+458,744	+3.23%	Add 3.23%
A APP APPLOVIN CORP	Christopher Davis	0.75%	$167.10M	247,981	$673.83	+24,407	+10.92%	Add 10.92%
N NXPI NXP Semiconductors NV	Steven Romick	2.19%	$166.34M	766,330	$217.06	+1,270	+0.17%	Add 0.17%
F FG F&G ANNUITIES & LIFE INC	Glenn Greenberg	3.89%	$165.88M	5,377,029	$30.85	+158,052	+3.03%	Add 3.03%
D DKS DICKS SPORTING GOODS INC	Lee Ainslie	1.77%	$165.16M	834,249	$197.97	+301,249	+56.52%	Add 56.52%
W WVE WAVE LIFE SCIENCES LTD	Lee Ainslie	1.76%	$164.22M	9,660,237	$17.00	+888,381	+10.13%	Add 10.13%
S SWX Southwest Gas Holdings Inc.	Lee Ainslie	1.76%	$163.88M	2,048,053	$80.02	+94,535	+4.84%	Add 4.84%
V VST Vistra Corp.	Daniel Loeb	2.23%	$162.14M	1,005,000	$161.33	+70,000	+7.49%	Add 7.49%
C SCHW Charles Schwab	Francois Rochon	5.28%	$158.42M	1,585,661	$99.91	+9,885	+0.63%	Add 0.63%
R RIOT RIOT PLATFORMS INC	Viking Global Investors	0.42%	$157.47M	12,428,894	$12.67	+12,428,894	—	Buy
S SJM SMUCKER J M CO	Charles Bobrinskoy	1.70%	$157.37M	1,608,943	$97.81	+65,420	+4.24%	Add 4.24%
A AXTA AXALTA COATING SYS LTD	Charles Bobrinskoy	1.70%	$157.17M	4,864,546	$32.31	+675,585	+16.13%	Add 16.13%
C CI Cigna Corp.	Richard Pzena	0.47%	$157.11M	570,833	$275.23	+40,992	+7.74%	Add 7.74%
I IAC IAC Inc	Mason Hawkins	6.95%	$155.98M	3,989,340	$39.10	+1,221,829	+44.15%	Add 44.15%
T TSM Taiwan Semiconductor	Sarah Ketterer	2.14%	$155.51M	511,720	$303.89	+3,969	+0.78%	Add 0.78%
L LAMR Lamar Advertising Co-A	Warren Buffett	0.06%	$152.20M	1,202,410	$126.58	+300	+0.02%	Add 0.02%
S SHW Sherwin-Williams	Mairs & Power Growth Fund	1.46%	$152.16M	469,592	$324.03	+5,549	+1.20%	Add 1.20%
V VSEC VSE CORP	Henry Ellenbogen	1.44%	$151.90M	879,228	$172.77	+14,211	+1.64%	Add 1.64%
C CORZ CORE SCIENTIFIC INC	Howard Marks	2.14%	$150.71M	10,350,708	$14.56	+3,950,000	+61.71%	Add 61.71%
D DSGX DESCARTES SYS GROUP INC	Henry Ellenbogen	1.42%	$149.92M	1,710,202	$87.66	+1,710,202	—	Buy
M MEDP MEDPACE HLDGS INC	Francois Rochon	4.93%	$147.89M	263,320	$561.65	+1,518	+0.58%	Add 0.58%
L LLYVA Liberty Media Corp Liberty Liv	ValueAct Capital	2.09%	$146.64M	1,799,319	$81.50	+79,771	+4.64%	Add 4.64%
N NVO NOVO-NORDISK A S	Thomas Gayner	1.16%	$146.01M	2,869,774	$50.88	+501,125	+21.16%	Add 21.16%
V MTN Vail Resorts	Steven Romick	1.90%	$144.45M	1,087,702	$132.80	+74,769	+7.38%	Add 7.38%
F FUL FULLER H B CO	Mairs & Power Growth Fund	1.38%	$143.36M	2,411,067	$59.46	+2,174	+0.09%	Add 0.09%
M MANU MANCHESTER UNITED PLC	Charles Bobrinskoy	1.54%	$143.00M	8,982,161	$15.92	+53,079	+0.59%	Add 0.59%
V V Visa	Francois Rochon	4.77%	$142.86M	407,345	$350.71	+1,825	+0.45%	Add 0.45%
F FNV FRANCO NEV CORP	Thomas Gayner	1.13%	$141.68M	683,500	$207.28	+78,000	+12.88%	Add 12.88%
S SRAD SPORTRADAR GROUP AG	Henry Ellenbogen	1.34%	$141.58M	5,956,331	$23.77	+5,956,331	—	Buy
M MMC Marsh & McLennan	Thomas Gayner	1.13%	$141.32M	761,750	$185.52	+6,750	+0.89%	Add 0.89%
F FERG FERGUSON PLC NEW	First Eagle Investment Management	0.25%	$140.13M	629,445	$222.63	+30,216	+5.04%	Add 5.04%
I IQV IQVIA HLDGS INC	Viking Global Investors	0.37%	$139.58M	619,236	$225.41	+619,236	—	Buy
R RNR RenaissanceRe Holdings Ltd.	John Armitage	1.50%	$137.94M	490,626	$281.16	+490,626	—	Buy
F FIHL FIDELIS INSURANCE HOLDINGS L	Leon Cooperman	4.57%	$137.81M	7,041,751	$19.57	+379,282	+5.69%	Add 5.69%
A AGX ARGAN INC	Lee Ainslie	1.48%	$137.50M	438,858	$313.32	+438,858	—	Buy
C SCHW Charles Schwab	Thomas Gayner	1.10%	$137.46M	1,375,800	$99.91	+11,000	+0.81%	Add 0.81%
D DHR Danaher	Daniel Loeb	1.89%	$137.35M	600,000	$228.92	+550,000	+1100.00%	Add 1100.00%
I ITUB Itau Unibanco Holding SA	Dodge & Cox	0.07%	$136.90M	19,120,110	$7.16	+497,895	+2.67%	Add 2.67%
T TWLO TWILIO INC	Henry Ellenbogen	1.29%	$136.85M	962,089	$142.24	+962,089	—	Buy
R REGN Regeneron Pharmaceuticals, Inc.	Harry Burn	4.32%	$135.76M	175,887	$771.86	+60,859	+52.91%	Add 52.91%
A ASML ASML HOLDING N V	Valley Forge Capital Management	3.06%	$135.06M	126,242	$1,069.86	+615	+0.49%	Add 0.49%
I IBP INSTALLED BLDG PRODS INC	Francois Rochon	4.49%	$134.68M	519,236	$259.39	+4,500	+0.87%	Add 0.87%
C COMP COMPASS INC	Lee Ainslie	1.43%	$133.57M	12,637,206	$10.57	+12,637,206	—	Buy
L LKQ LKQ CORP	Richard Pzena	0.40%	$132.34M	4,382,173	$30.20	+1,042,441	+31.21%	Add 31.21%
A AMZN Amazon.com	Samantha McLemore	5.01%	$129.85M	562,559	$230.82	+583	+0.10%	Add 0.10%
L LBRDK Liberty Broadband Corporation	Steven Romick	1.71%	$129.73M	2,669,348	$48.60	+2,669,348	—	Buy
M MHK Mohawk Industries, Inc.	Richard Pzena	0.39%	$129.67M	1,186,400	$109.30	+7,332	+0.62%	Add 0.62%
C CTSH Cognizant Technology Solutions Corp.	Sarah Ketterer	1.77%	$128.84M	1,552,361	$83.00	+202,183	+14.97%	Add 14.97%
R RPRX Royalty Pharma	Samantha McLemore	4.97%	$128.81M	3,333,675	$38.64	+215,825	+6.92%	Add 6.92%
F FITB FIFTH THIRD BANC	Christopher Davis	0.58%	$128.46M	2,744,310	$46.81	+75,441	+2.83%	Add 2.83%
R REGN Regeneron Pharmaceuticals, Inc.	Mason Hawkins	5.70%	$127.97M	165,792	$771.86	+21,185	+14.65%	Add 14.65%
G GPK GRAPHIC PACKAGING HLDG CO	David Einhorn	4.45%	$126.73M	8,415,110	$15.06	+8,415,110	+100.00%	Buy
T TMO Thermo Fisher Scientific	Steven Romick	1.67%	$126.65M	218,572	$579.45	+3,626	+1.69%	Add 1.69%
N NOV NOV INC	Steven Romick	1.67%	$126.51M	8,093,810	$15.63	+146,909	+1.85%	Add 1.85%
P PCH PotlatchDeltic Corporation	Mason Hawkins	5.60%	$125.82M	3,162,963	$39.78	+1,031,209	+48.37%	Add 48.37%
C SCHW Charles Schwab	Lee Ainslie	1.34%	$125.20M	1,253,090	$99.91	+383,018	+44.02%	Add 44.02%
P PCG PG&E CORP	David Einhorn	4.39%	$125.09M	7,784,103	$16.07	+7,784,103	+100.00%	Buy
R RYN RAYONIER INC	Mason Hawkins	5.48%	$122.95M	5,678,941	$21.65	+1,182,216	+26.29%	Add 26.29%
D DG DOLLAR GEN CORP NEW	Christopher Bloomstran	14.14%	$122.94M	925,955	$132.77	+129	+0.01%	Add 0.01%
B TECH BIO-TECHNE CORP	Henry Ellenbogen	1.16%	$122.85M	2,088,891	$58.81	+692,925	+49.64%	Add 49.64%
P PGR PROGRESSIVE CORP	Francois Rochon	4.08%	$122.25M	536,832	$227.72	+2,943	+0.55%	Add 0.55%
C CNXC CONCENTRIX CORP	Richard Pzena	0.36%	$121.71M	2,927,196	$41.58	+714,604	+32.30%	Add 32.30%
B BIO Bio-Rad Laboratories Inc	Steven Romick	1.60%	$121.64M	401,457	$302.99	+7,043	+1.79%	Add 1.79%
A BABA ALIBABA GROUP HLDG LTD	Daniel Loeb	1.66%	$120.93M	825,000	$146.58	+825,000	—	Buy
F FIVE FIVE BELOW INC	Francois Rochon	4.01%	$120.13M	637,747	$188.36	+657	+0.10%	Add 0.10%
R RHI Robert Half International, Inc.	Richard Pzena	0.36%	$119.36M	4,394,851	$27.16	+1,214,883	+38.20%	Add 38.20%
N NVDA NVIDIA	Samantha McLemore	4.60%	$119.14M	638,814	$186.50	+6,130	+0.97%	Add 0.97%
N NCLH NORWEGIAN CRUISE LINE HLDG L	Samantha McLemore	4.57%	$118.48M	5,308,128	$22.32	+743,257	+16.28%	Add 16.28%
D DEO Diageo PLC	Thomas Gayner	0.94%	$118.34M	1,371,708	$86.27	+5,000	+0.37%	Add 0.37%
L LYV Live Nation Entertainment, Inc.	ValueAct Capital	1.67%	$117.29M	823,066	$142.50	+182,200	+28.43%	Add 28.43%
S ST SENSATA TECHNOLOGIES HLDG PL	Richard Pzena	0.35%	$116.83M	3,509,416	$33.29	+2,778,918	+380.41%	Add 380.41%
C CPRI CAPRI HOLDINGS LIMITED	David Einhorn	4.08%	$116.34M	4,768,007	$24.40	+4,768,007	+100.00%	Buy
Z ZBRA Zebra Technologies	Charles Bobrinskoy	1.25%	$115.52M	475,731	$242.82	+220,112	+86.11%	Add 86.11%
G GSHD GOOSEHEAD INS INC	Henry Ellenbogen	1.09%	$115.11M	1,562,969	$73.65	+20,783	+1.35%	Add 1.35%
B BKNG Booking Holdings, Inc.	Francois Rochon	3.83%	$114.84M	21,445	$5,355.33	+102	+0.48%	Add 0.48%
A APG API GROUP CORP	Daniel Loeb	1.58%	$114.78M	3,000,000	$38.26	+3,000,000	—	Buy
E ENTG Entegris	Mairs & Power Growth Fund	1.09%	$113.65M	1,348,986	$84.25	+154,936	+12.98%	Add 12.98%
A GOOGL ALPHABET INC	Francois Rochon	3.77%	$113.12M	361,398	$313.00	+2,255	+0.63%	Add 0.63%
C KMX CarMax, Inc.	Steven Romick	1.49%	$112.99M	2,924,081	$38.64	+442,620	+17.84%	Add 17.84%
K KMI Kinder Morgan, Inc.	Steven Romick	1.48%	$112.06M	4,076,504	$27.49	+73,382	+1.83%	Add 1.83%
T RIG TRANSOCEAN LTD	Mohnish Pabrai	27.78%	$111.67M	27,040,133	$4.13	+2,597,801	+10.63%	Add 10.63%
I EWY iShares MSCI South Korea ETF	Yacktman Asset Management	1.56%	$111.28M	1,144,611	$97.22	+1,144,611	—	Buy
D DINT Davis Select International ETF	Christopher Davis	0.50%	$110.93M	3,892,451	$28.50	+2,371	+0.06%	Add 0.06%
P PNC PNC Financial Services Group, Inc.	Christopher Davis	0.50%	$110.64M	530,089	$208.73	+28,272	+5.63%	Add 5.63%
J JPM JPMorgan Chase	Richard Pzena	0.33%	$110.32M	342,390	$322.22	+2,365	+0.70%	Add 0.70%
A GOOGL ALPHABET INC	Harry Burn	3.48%	$109.47M	349,734	$313.00	+25,520	+7.87%	Add 7.87%
P PEG Public Service Enterprise Group	Harry Burn	3.48%	$109.37M	1,361,981	$80.30	+544,634	+66.63%	Add 66.63%
C KO Coca-Cola Co.	Lee Ainslie	1.17%	$109.22M	1,562,287	$69.91	+1,540,598	+7103.13%	Add 7103.13%
W DIS Walt Disney	Harry Burn	3.47%	$109.07M	958,711	$113.77	+243,686	+34.08%	Add 34.08%
K KHC Kraft Heinz	Mason Hawkins	4.85%	$108.83M	4,488,116	$24.25	+850,742	+23.39%	Add 23.39%
C CNC CENTENE CORP	David Einhorn	3.81%	$108.61M	2,639,420	$41.15	+2,639,420	+100.00%	Buy
A AMR ALPHA METALLURGICAL RESOUR I	Mohnish Pabrai	27.00%	$108.53M	543,000	$199.88	+11,000	+2.07%	Add 2.07%
L LRCX Lam Research Corporation	Lee Ainslie	1.16%	$108.37M	633,084	$171.18	+616,524	+3722.97%	Add 3722.97%
O OC OWENS CORNING NEW	David Tepper	1.54%	$106.31M	950,000	$111.91	+788,500	+488.24%	Add 488.24%
A ACI ALBERTSONS COS INC	Mason Hawkins	4.72%	$105.88M	6,166,712	$17.17	+1,222,843	+24.73%	Add 24.73%
B BRK-B BERKSHIRE HATHAWAY INC DEL	Harry Burn	3.36%	$105.66M	210,204	$502.65	+30,970	+17.28%	Add 17.28%
D DFNL Davis Select Financial ETF	Christopher Davis	0.46%	$102.96M	2,130,361	$48.33	+501	+0.02%	Add 0.02%
N NVR NVR INC.	Francois Rochon	3.43%	$102.92M	14,112	$7,292.73	+37	+0.26%	Add 0.26%
D DAR Darling Ingredients Inc.	Christopher Davis	0.46%	$102.32M	2,842,306	$36.00	+388,366	+15.83%	Add 15.83%
M MNRO Monro, Inc.	Carl Icahn	1.21%	$101.77M	5,078,573	$20.04	+3,613,573	+246.66%	Add 246.66%
B BIIB BIOGEN INC	Samantha McLemore	3.92%	$101.43M	576,352	$175.99	+179,703	+45.31%	Add 45.31%
K KD Kyndryl Holdings, Inc.	David Einhorn	3.56%	$101.36M	3,816,353	$26.56	+3,816,353	+100.00%	Buy
Q QCOM Qualcomm	Harry Burn	3.21%	$100.75M	588,996	$171.05	+20,542	+3.61%	Add 3.61%
C CDTX CIDARA THERAPEUTICS INC	Lee Ainslie	1.08%	$100.72M	455,978	$220.89	+38,428	+9.20%	Add 9.20%
S CRM SALESFORCE INC	Harry Burn	3.19%	$100.28M	378,539	$264.91	+378,539	—	Buy
V VRSK Verisk Analytics	Jensen Investment Management	1.57%	$99.67M	445,596	$223.69	+20,951	+4.93%	Add 4.93%
I ITUB Itau Unibanco Holding SA	Howard Marks	1.41%	$98.97M	13,822,747	$7.16	+1,156,946	+9.13%	Add 9.13%
T AES The AES Corporation	Harry Burn	3.15%	$98.92M	6,898,342	$14.34	+1,002,530	+17.00%	Add 17.00%
I IAC IAC Inc	Christopher Davis	0.44%	$98.30M	2,514,072	$39.10	+270,383	+12.05%	Add 12.05%
N NYT NEW YORK TIMES CO	John Armitage	1.06%	$97.88M	1,410,003	$69.42	+1,410,003	—	Buy
C CARR Carrier Global Corp.	Sarah Ketterer	1.34%	$97.69M	1,848,827	$52.84	+382,346	+26.07%	Add 26.07%
G G Genpact LTD (G)	Sarah Ketterer	1.34%	$97.50M	2,084,209	$46.78	+205,777	+10.95%	Add 10.95%
M MTH Meritage Homes Corp (MTH)	Greenhaven Associates	1.56%	$96.42M	1,465,340	$65.80	+12,386	+0.85%	Add 0.85%
T TEVA Teva Pharmaceutil Industries Ltd ADR	David Einhorn	3.35%	$95.46M	3,058,734	$31.21	+3,058,734	+100.00%	Buy
W WAB WABTEC	Steven Romick	1.25%	$94.89M	444,548	$213.45	+7,885	+1.81%	Add 1.81%
M MKL Markel Corp	Francois Rochon	3.15%	$94.54M	43,978	$2,149.64	+149	+0.34%	Add 0.34%
V VSCO Victoria's Secret & Co	David Einhorn	3.30%	$94.14M	1,737,869	$54.17	+1,737,869	+100.00%	Buy
O OLN Olin Corp	Richard Pzena	0.28%	$93.90M	4,507,913	$20.83	+671,250	+17.50%	Add 17.50%
K KMI Kinder Morgan, Inc.	Harry Burn	2.97%	$93.22M	3,391,203	$27.49	+720,295	+26.97%	Add 26.97%
I IAC IAC Inc	Samantha McLemore	3.58%	$92.83M	2,374,050	$39.10	+265,805	+12.61%	Add 12.61%
I INCY Incyte Corp.	Harry Burn	2.92%	$91.84M	929,832	$98.77	+79,976	+9.41%	Add 9.41%
L LPLA LPL Financial Holdings, Inc.	John Armitage	0.99%	$91.01M	254,813	$357.17	+254,813	—	Buy
D DHT DHT HOLDINGS INC	David Einhorn	3.16%	$89.95M	7,366,664	$12.21	+7,366,664	+100.00%	Buy
D DWLD Davis Select Worldwide ETF	Christopher Davis	0.40%	$89.43M	1,917,460	$46.64	+1,173	+0.06%	Add 0.06%
R ROL ROLLINS INC	Thomas Gayner	0.71%	$89.37M	1,489,025	$60.02	+13,250	+0.90%	Add 0.90%
W WCC WESCO INTL INC	Christopher Davis	0.40%	$89.17M	364,502	$244.64	+71,932	+24.59%	Add 24.59%
P PENN PENN ENTERTAINMENT INC	David Einhorn	3.13%	$89.15M	6,044,440	$14.75	+6,044,440	+100.00%	Buy
O OMC OMNICOM GROUP INC	Charles Bobrinskoy	0.95%	$87.88M	1,088,333	$80.75	+1,088,333	—	Buy
N NVR NVR INC.	Thomas Gayner	0.70%	$87.56M	12,007	$7,292.75	+110	+0.92%	Add 0.92%
E ET ENERGY TRANSFER L P	Samantha McLemore	3.36%	$86.95M	5,272,875	$16.49	+384,737	+7.87%	Add 7.87%
I ACWI ISHARES TR	Polen Capital Management	0.37%	$86.33M	610,133	$141.49	+419,684	+220.37%	Add 220.37%
M MRVL Marvell Technology, Inc.	Harry Burn	2.74%	$86.23M	1,014,709	$84.98	+153,935	+17.88%	Add 17.88%
L LYV Live Nation Entertainment, Inc.	Pat Dorsey	7.47%	$85.92M	602,973	$142.50	+602,973	—	Buy
K KBR KBR INC	Leon Cooperman	2.83%	$85.42M	2,125,000	$40.20	+375,000	+21.43%	Add 21.43%
L LIN Linde PLC	Thomas Gayner	0.68%	$85.32M	200,100	$426.39	+7,250	+3.76%	Add 3.76%
H HNGE HINGE HEALTH INC	Chase Coleman	0.28%	$83.88M	1,805,751	$46.45	+1,253,743	+227.12%	Add 227.12%
K KNSL KINSALE CAP GROUP INC	Francois Rochon	2.80%	$83.80M	214,264	$391.12	+23,802	+12.50%	Add 12.50%
G GEHC GE HealthCare Technologies, Inc.	Harry Burn	2.66%	$83.49M	1,017,888	$82.02	+37,132	+3.79%	Add 3.79%
O ODD ODDITY TECH LTD	Terry Smith	0.49%	$83.34M	2,074,167	$40.18	+657,211	+46.38%	Add 46.38%
G AERO GRUPO AEROMEXICO SAB DE CV	Howard Marks	1.18%	$82.94M	3,776,986	$21.96	+3,776,986	—	Buy
C STZ CONSTELLATION BRANDS INC	Richard Pzena	0.24%	$81.38M	589,891	$137.96	+589,891	—	Buy
D DASH Doordash Inc Cl A	Lee Ainslie	0.87%	$81.33M	359,125	$226.48	+353,425	+6200.44%	Add 6200.44%
W WST WEST PHARMACEUTICAL SVSC INC	Viking Global Investors	0.22%	$81.17M	295,028	$275.14	+295,028	—	Buy
E EG Everest Re Group, Ltd.	Sarah Ketterer	1.11%	$80.95M	238,558	$339.35	+62,872	+35.79%	Add 35.79%
M MSFT Microsoft	FPA Queens Road Small Cap Value Fund	2.61%	$80.23M	165,892	$483.62	+557	+0.34%	Add 0.34%
B BTI BRITISH AMERN TOB PLC	First Eagle Investment Management	0.14%	$79.72M	1,407,980	$56.62	+123,430	+9.61%	Add 9.61%
K KD Kyndryl Holdings, Inc.	Harry Burn	2.51%	$79.00M	2,974,223	$26.56	+939,154	+46.15%	Add 46.15%
N NSC Norfolk Southern Corp.	Thomas Gayner	0.63%	$78.96M	273,500	$288.72	+17,000	+6.63%	Add 6.63%
C CHKP Checkpoint Software Technologies	Harry Burn	2.51%	$78.78M	424,584	$185.56	+71,271	+20.17%	Add 20.17%
S CRM SALESFORCE INC	Mairs & Power Growth Fund	0.75%	$78.42M	296,013	$264.91	+1,224	+0.42%	Add 0.42%
U UBER UBER TECHNOLOGIES INC	Steven Romick	1.03%	$77.89M	953,263	$81.71	+18,300	+1.96%	Add 1.96%
Q QXO QXO, Inc.	Harry Burn	2.46%	$77.20M	4,002,028	$19.29	+4,002,028	—	Buy
A AON Aon PLC	Wallace Weitz	4.58%	$77.19M	218,735	$352.88	+5,285	+2.48%	Add 2.48%
G GPC Genuine Parts Co	Richard Pzena	0.22%	$74.62M	606,880	$122.96	+1,817	+0.30%	Add 0.30%
M MGM MGM Resorts International	Mason Hawkins	3.30%	$74.20M	2,033,369	$36.49	+285,367	+16.33%	Add 16.33%
M MHK Mohawk Industries, Inc.	David Tepper	1.07%	$73.78M	675,000	$109.30	+513,500	+317.96%	Add 317.96%
D DOCS DOXIMITY INC	Terry Smith	0.43%	$73.06M	1,650,002	$44.28	+294,058	+21.69%	Add 21.69%
M META Meta Platforms, Inc.	Sarah Ketterer	1.00%	$72.86M	110,385	$660.09	+23,468	+27.00%	Add 27.00%
L LRCX Lam Research Corporation	David Tepper	1.05%	$72.75M	425,000	$171.18	+55,000	+14.86%	Add 14.86%
A ALK ALASKA AIR GROUP INC	Sarah Ketterer	0.99%	$72.16M	1,434,517	$50.30	+1,434,517	—	Buy
D DEI Douglas Emmett Inc	Steven Romick	0.94%	$71.75M	6,528,956	$10.99	+1,194,783	+22.40%	Add 22.40%
N NTNX NUTANIX INC	Terry Smith	0.42%	$71.19M	1,377,158	$51.69	+1,377,158	—	Buy
S SD SandRidge Energy, Inc.	Carl Icahn	0.84%	$70.87M	4,911,564	$14.43	+41,331	+0.85%	Add 0.85%
G GFI GOLD FIELDS LTD	Sarah Ketterer	0.97%	$70.78M	1,621,076	$43.66	+78,061	+5.06%	Add 5.06%
C BAP Credicorp, Ltd.	Sarah Ketterer	0.96%	$69.46M	242,024	$287.00	+26,396	+12.24%	Add 12.24%
M MSFT Microsoft	David Katz	6.20%	$69.02M	142,717	$483.61	+787	+0.55%	Add 0.55%
G GPK GRAPHIC PACKAGING HLDG CO	Sarah Ketterer	0.94%	$68.20M	4,528,554	$15.06	+1,926,978	+74.07%	Add 74.07%
B BP BP PLC Sponsored ADR	Harry Burn	2.16%	$67.89M	1,954,785	$34.73	+1,954,785	—	Buy
K KEYS Keysight Technologies	Francois Rochon	2.26%	$67.87M	334,046	$203.19	+119	+0.04%	Add 0.04%
F FCNCA First Citizens BancShares, Inc.	Dodge & Cox	0.04%	$67.75M	31,566	$2,146.17	+31,566	—	Buy
S GLD SPDR GOLD TR	David Einhorn	2.37%	$67.59M	170,561	$396.30	+170,561	+100.00%	Buy
M MSI Motorola Solutions	Jensen Investment Management	1.06%	$67.17M	175,236	$383.32	+175,236	—	Buy
N NAMS NEWAMSTERDAM PHARMA COMPANY	Lee Ainslie	0.71%	$66.45M	1,894,226	$35.08	+389,479	+25.88%	Add 25.88%
D DECK DECKERS OUTDOOR CORP	Christopher Bloomstran	7.63%	$66.32M	639,698	$103.67	+264,857	+70.66%	Add 70.66%
A ACMR ACM Research, Inc.	Mason Hawkins	2.95%	$66.28M	1,680,181	$39.45	+194,494	+13.09%	Add 13.09%
K KNX KNIGHT-SWIFT TRANSN HLDGS IN	Richard Pzena	0.20%	$66.15M	1,265,317	$52.28	+1,265,317	—	Buy
O ODFL OLD DOMINION FREIGHT	Thomas Gayner	0.53%	$66.11M	421,650	$156.80	+62,900	+17.53%	Add 17.53%
Z ZBH Zimmer Biomet Holdings, Inc.	Sarah Ketterer	0.90%	$65.51M	728,498	$89.92	+146,719	+25.22%	Add 25.22%
S BIL SPDR Bloomberg 1-3 Month T-B (BIL)	First Eagle Investment Management	0.11%	$65.09M	712,283	$91.38	+311,567	+77.75%	Add 77.75%
C CROX CROCS INC	Samantha McLemore	2.50%	$64.89M	758,797	$85.52	+170,003	+28.87%	Add 28.87%
B BN Brookfield Corp.	Josh Tarasoff	18.93%	$64.86M	1,413,462	$45.89	+461,247	+48.44%	Add 48.44%
R RNR RenaissanceRe Holdings Ltd.	Christopher Davis	0.29%	$64.59M	229,739	$281.16	+86,594	+60.49%	Add 60.49%
C CSGP COSTAR GROUP INC	Dennis Hong	12.12%	$64.39M	957,557	$67.24	+61,523	+6.87%	Add 6.87%
S SHEL Shell PLC	First Eagle Investment Management	0.11%	$64.19M	873,572	$73.48	+205,228	+30.71%	Add 30.71%
L LYV Live Nation Entertainment, Inc.	Sarah Ketterer	0.88%	$63.71M	447,113	$142.50	+214,709	+92.39%	Add 92.39%
B BALL Ball Corporation	David Tepper	0.92%	$63.56M	1,200,000	$52.97	+1,200,000	—	Buy
W DIS Walt Disney	Charles Bobrinskoy	0.69%	$63.44M	557,647	$113.77	+57,678	+11.54%	Add 11.54%
L L Loews Corp.	Christopher Davis	0.28%	$63.19M	600,046	$105.31	+4,349	+0.73%	Add 0.73%
D DLTR DOLLAR TREE INC	Christopher Bloomstran	7.25%	$63.06M	512,660	$123.01	+7,503	+1.49%	Add 1.49%
V VBR VANGUARD INDEX FDS	FPA Queens Road Small Cap Value Fund	2.04%	$62.54M	295,284	$211.79	+1,237	+0.42%	Add 0.42%
M TAP Molson Coors Beverage Company	Prem Watsa	3.00%	$62.49M	1,338,500	$46.69	+48,429	+3.75%	Add 3.75%
R RKT ROCKET COS INC	Christopher Davis	0.28%	$62.49M	3,227,910	$19.36	+93,676	+2.99%	Add 2.99%
V PCVX VAXCYTE INC	Lee Ainslie	0.67%	$62.48M	1,354,237	$46.14	+64,670	+5.01%	Add 5.01%
C CHYM Chime Financial, Inc.	Christopher Davis	0.28%	$62.22M	2,472,106	$25.17	+72,940	+3.04%	Add 3.04%
W DIS Walt Disney	Francois Rochon	2.07%	$61.94M	544,419	$113.77	+284,019	+109.07%	Add 109.07%
B AVGO Broadcom Limited	Jensen Investment Management	0.97%	$61.76M	178,441	$346.10	+178,441	—	Buy
B BRO BROWN & BROWN INC	Francois Rochon	2.05%	$61.57M	772,520	$79.70	+450,274	+139.73%	Add 139.73%
E EPD ENTERPRISE PRODUCTS PARTNERS	First Eagle Investment Management	0.11%	$61.42M	1,915,695	$32.06	+66,095	+3.57%	Add 3.57%
T TSM Taiwan Semiconductor	Polen Capital Management	0.26%	$60.96M	200,593	$303.89	+23,534	+13.29%	Add 13.29%
S SAP SAP SE	Sarah Ketterer	0.84%	$60.91M	250,748	$242.91	+57,000	+29.42%	Add 29.42%
D XRAY DENTSPLY SIRONA INC	Charles Bobrinskoy	0.65%	$60.29M	5,274,740	$11.43	+5,274,740	—	Buy
B BL BLACKLINE INC	Glenn Welling	15.28%	$59.91M	1,083,619	$55.29	+629,825	+138.79%	Add 138.79%
F FBTC FIDELITY WISE ORIGIN BITCOIN	Samantha McLemore	2.30%	$59.59M	781,695	$76.23	+161,943	+26.13%	Add 26.13%
K PHG KONINKLIJKE PHILIPS N V	Sarah Ketterer	0.82%	$59.54M	2,198,531	$27.08	+240,419	+12.28%	Add 12.28%
F FBIN Fortune Brands Innovations Inc	Mason Hawkins	2.62%	$58.93M	1,178,103	$50.02	+162,501	+16.00%	Add 16.00%
A ACHC ACADIA HEALTHCARE COMPANY IN	David Einhorn	2.05%	$58.48M	4,121,203	$14.19	+4,121,203	+100.00%	Buy
V VBIL Vanguard 0-3M T-Bill ETF (VBIL)	Greenhaven Associates	0.94%	$58.29M	772,725	$75.43	+272,725	+54.55%	Add 54.55%
W WFRD Weatherford International PLC	David Einhorn	2.04%	$58.20M	743,620	$78.26	+743,620	+100.00%	Buy
B OZK BANK OZK LITTLE ROCK ARK	Francois Rochon	1.94%	$58.17M	1,264,042	$46.02	+2,082	+0.16%	Add 0.16%
S SPOT SPOTIFY TECHNOLOGY S A	Daniel Loeb	0.80%	$58.07M	100,000	$580.71	+100,000	—	Buy
B BLCO Bausch Plus Lomb Corp.	Howard Marks	0.82%	$57.78M	3,382,739	$17.08	+137,300	+4.23%	Add 4.23%
H HUN HUNTSMAN CORP	Richard Pzena	0.17%	$57.05M	5,705,178	$10.00	+311,312	+5.77%	Add 5.77%
B BP BP PLC Sponsored ADR	Sarah Ketterer	0.78%	$56.98M	1,640,680	$34.73	+57,295	+3.62%	Add 3.62%
I INTC INTEL CORP	Charles Bobrinskoy	0.61%	$56.24M	1,524,112	$36.90	+558,367	+57.82%	Add 57.82%
3 MMM 3M Company	Mairs & Power Growth Fund	0.54%	$55.90M	349,147	$160.10	+2,694	+0.78%	Add 0.78%
L LBTYA Liberty Global PLC	David Einhorn	1.96%	$55.75M	5,004,432	$11.14	+5,004,432	+100.00%	Buy
M MAT Mattel, Inc.	Samantha McLemore	2.14%	$55.44M	2,794,343	$19.84	+695,081	+33.11%	Add 33.11%
A BABA ALIBABA GROUP HLDG LTD	Dennis Hong	10.44%	$55.43M	378,155	$146.58	+378,155	—	Buy
D DNOW DNOW INC	Richard Pzena	0.17%	$55.13M	4,161,129	$13.25	+4,161,129	—	Buy
M MA MASTERCARD INCORPORATED	Stephen Mandel	0.40%	$55.00M	96,338	$570.88	+96,338	—	Buy
G GEHC GE HealthCare Technologies, Inc.	Leon Cooperman	1.82%	$54.95M	670,000	$82.02	+70,000	+11.67%	Add 11.67%
A ANET ARISTA NETWORKS INC	Francois Rochon	1.83%	$54.92M	419,158	$131.03	+6,759	+1.64%	Add 1.64%
W WHR Whirlpool Corp (WHR)	Sarah Ketterer	0.76%	$54.91M	761,228	$72.14	+144,189	+23.37%	Add 23.37%
N NGG NATIONAL GRID PLC	Sarah Ketterer	0.76%	$54.88M	709,485	$77.35	+38,342	+5.71%	Add 5.71%
X XP XP, Inc.	Howard Marks	0.77%	$54.35M	3,320,159	$16.37	+1,287,282	+63.32%	Add 63.32%
H HD Home Depot	Mairs & Power Growth Fund	0.52%	$54.04M	157,053	$344.09	+1,502	+0.97%	Add 0.97%
C CROX CROCS INC	Li Lu	1.51%	$53.72M	628,159	$85.52	+628,159	—	Buy
A GOOGL ALPHABET INC	Richard Pzena	0.16%	$53.57M	171,157	$313.00	+171,157	—	Buy
C CNHI CNH INDL N V	David Einhorn	1.87%	$53.17M	5,767,540	$9.22	+5,767,540	+100.00%	Buy
M MELI MercadoLibre, Inc.	Lee Ainslie	0.57%	$52.67M	26,149	$2,014.23	+8,952	+52.06%	Add 52.06%
J JOYY JOYY, Inc.	Sarah Ketterer	0.72%	$52.62M	812,601	$64.76	+22,541	+2.85%	Add 2.85%
D DDOG DATADOG INC	Lee Ainslie	0.56%	$52.53M	386,254	$135.99	+44,842	+13.13%	Add 13.13%
P PFE Pfizer	Sarah Ketterer	0.72%	$52.08M	2,091,719	$24.90	+19,672	+0.95%	Add 0.95%
U UAL UNITED AIRLS HLDGS INC	David Tepper	0.75%	$52.00M	465,000	$111.82	+2,500	+0.54%	Add 0.54%
T TSN TYSON FOODS	Thomas Gayner	0.41%	$51.85M	884,500	$58.62	+36,000	+4.24%	Add 4.24%
S SNY Sanofi	Sarah Ketterer	0.71%	$51.56M	1,063,958	$48.46	+84,641	+8.64%	Add 8.64%
N VYX NCR VOYIX CORPORATION	Steven Romick	0.68%	$51.39M	5,038,208	$10.20	+1,129,401	+28.89%	Add 28.89%
C CHYM Chime Financial, Inc.	Samantha McLemore	1.98%	$51.22M	2,035,112	$25.17	+2,035,112	—	Buy
G GCMG GCM Grosvenor Inc	Charles Bobrinskoy	0.55%	$51.03M	4,508,199	$11.32	+23,611	+0.53%	Add 0.53%
N NVO NOVO-NORDISK A S	Sarah Ketterer	0.70%	$50.57M	993,850	$50.88	+297,871	+42.80%	Add 42.80%
E MAVF EA SERIES TRUST	David Katz	4.53%	$50.45M	414,930	$121.59	+662	+0.16%	Add 0.16%
P PGR PROGRESSIVE CORP	Daniel Loeb	0.69%	$50.10M	220,000	$227.72	+220,000	—	Buy
R RLI RLI CORP	FPA Queens Road Small Cap Value Fund	1.63%	$49.95M	780,683	$63.98	+34,532	+4.63%	Add 4.63%
A ABM ABM INDS INC	Richard Pzena	0.15%	$49.55M	1,171,529	$42.30	+6,687	+0.57%	Add 0.57%
U UGI UGI CORP NEW	FPA Queens Road Small Cap Value Fund	1.60%	$49.27M	1,316,362	$37.43	+207,861	+18.75%	Add 18.75%
M MKL Markel Corp	Josh Tarasoff	14.37%	$49.24M	22,905	$2,149.62	+450	+2.00%	Add 2.00%
G GLIBK GCI LIBERTY INC	Mason Hawkins	2.19%	$49.16M	1,321,110	$37.21	+457,419	+52.96%	Add 52.96%
M MBUU MALIBU BOATS INC	Richard Pzena	0.15%	$48.58M	1,721,957	$28.21	+41,713	+2.48%	Add 2.48%
R RUK RELX PLC	Sarah Ketterer	0.66%	$48.07M	1,189,379	$40.42	+466,218	+64.47%	Add 64.47%
A ADI Analog Devices, Inc.	Francois Rochon	1.60%	$47.93M	176,747	$271.20	+279	+0.16%	Add 0.16%
C CBRE CBRE GROUP INC	Richard Pzena	0.14%	$47.60M	296,040	$160.79	+518	+0.18%	Add 0.18%
A AON Aon PLC	Thomas Gayner	0.38%	$47.30M	134,050	$352.88	+4,250	+3.27%	Add 3.27%
I IR INGERSOLL RAND INC	Sarah Ketterer	0.65%	$47.28M	596,771	$79.22	+40,542	+7.29%	Add 7.29%
B TECH BIO-TECHNE CORP	Wallace Weitz	2.80%	$47.22M	802,950	$58.81	+800	+0.10%	Add 0.10%
T SNX TD SYNNEX CORPORATION	FPA Queens Road Small Cap Value Fund	1.54%	$47.18M	314,063	$150.23	+530	+0.17%	Add 0.17%
P PUK PRUDENTIAL PLC	Sarah Ketterer	0.65%	$46.96M	1,508,912	$31.12	+33,473	+2.27%	Add 2.27%
E EFX EQUIFAX INC	Wallace Weitz	2.76%	$46.62M	214,880	$216.98	+280	+0.13%	Add 0.13%
M MANU MANCHESTER UNITED PLC	Leon Cooperman	1.54%	$46.52M	2,922,076	$15.92	+64,199	+2.25%	Add 2.25%
V VBIL Vanguard 0-3M T-Bill ETF (VBIL)	FPA Queens Road Small Cap Value Fund	1.50%	$46.01M	610,021	$75.43	+4,219	+0.70%	Add 0.70%
U UAC UNDER ARMOUR INC	Prem Watsa	2.18%	$45.40M	9,457,355	$4.80	+9,457,355	—	Buy
A BUD Anheuser-Busch InBev SA/NV	Sarah Ketterer	0.62%	$44.91M	701,343	$64.04	+91,657	+15.03%	Add 15.03%
R ROIV ROIVANT SCIENCES LTD	David Einhorn	1.58%	$44.90M	2,069,309	$21.70	+2,069,309	+100.00%	Buy
I INFY INFOSYS LTD	Sarah Ketterer	0.61%	$44.23M	2,482,318	$17.82	+2,198,391	+774.28%	Add 774.28%
W WBD Warner Bros Discovery Inc	David Einhorn	1.55%	$44.18M	1,533,080	$28.82	+1,533,080	+100.00%	Buy
E EPD ENTERPRISE PRODUCTS PARTNERS	Leon Cooperman	1.46%	$44.04M	1,373,755	$32.06	+50,120	+3.79%	Add 3.79%
A ANDG ANDERSEN GROUP INC	Henry Ellenbogen	0.41%	$43.31M	1,670,485	$25.93	+1,670,485	—	Buy
A ACN Accenture	Wallace Weitz	2.56%	$43.17M	160,900	$268.30	+350	+0.22%	Add 0.22%
A GOOG Alphabet Class C	Kahn Brothers Group	7.53%	$42.49M	135,416	$313.80	+694	+0.52%	Add 0.52%
C CTRI Centuri Holdings, Inc.	Lee Ainslie	0.45%	$42.24M	1,672,863	$25.25	+1,672,863	—	Buy
C CGNX COGNEX CORP	Mairs & Power Growth Fund	0.41%	$42.15M	1,171,596	$35.98	+558,302	+91.03%	Add 91.03%
P PDD PDD Holdings, Inc.	Sarah Ketterer	0.58%	$42.09M	371,241	$113.39	+61,600	+19.89%	Add 19.89%
P PONY PONY AI INC	Chase Coleman	0.14%	$42.05M	2,900,000	$14.50	+2,530,000	+683.78%	Add 683.78%
R RBLX ROBLOX CORP	Lee Ainslie	0.45%	$41.96M	517,798	$81.03	+106,251	+25.82%	Add 25.82%
D DEO Diageo PLC	Sarah Ketterer	0.58%	$41.87M	485,288	$86.27	+18,422	+3.95%	Add 3.95%
S SPOT SPOTIFY TECHNOLOGY S A	Polen Capital Management	0.18%	$41.61M	71,658	$580.70	+60,583	+547.02%	Add 547.02%
B BFAM BRIGHT HORIZONSFAMILY SOLUTION	Francois Rochon	1.39%	$41.59M	410,196	$101.40	+410,196	—	Buy
E ECVT ECOVYST INC	Howard Marks	0.59%	$41.40M	4,254,503	$9.73	+1,395,481	+48.81%	Add 48.81%
T TRIP TRIPADVISOR INC	Mason Hawkins	1.84%	$41.32M	2,838,257	$14.56	+493,273	+21.04%	Add 21.04%
C CNTA CENTESSA PHARMACEUTICALS PLC	Lee Ainslie	0.44%	$41.11M	1,643,724	$25.01	+1,643,724	—	Buy
V VBK VANGUARD INDEX FDS	FPA Queens Road Small Cap Value Fund	1.33%	$40.88M	135,323	$302.11	+3,031	+2.29%	Add 2.29%
P PANW PALO ALTO NETWORKS INC	Mairs & Power Growth Fund	0.39%	$40.64M	220,647	$184.20	+109,405	+98.35%	Add 98.35%
O OLN Olin Corp	Christopher Bloomstran	4.66%	$40.48M	1,943,440	$20.83	+19,195	+1.00%	Add 1.00%
C COIN COINBASE GLOBAL INC	Samantha McLemore	1.56%	$40.46M	178,923	$226.14	+7,187	+4.18%	Add 4.18%
F FLUT Flutter Entertainment PLC	Lee Ainslie	0.43%	$40.22M	187,022	$215.04	+53,070	+39.62%	Add 39.62%
E EG Everest Re Group, Ltd.	Christopher Davis	0.18%	$40.05M	118,017	$339.35	+78,589	+199.32%	Add 199.32%
P PNC PNC Financial Services Group, Inc.	David Katz	3.58%	$39.88M	191,080	$208.73	+668	+0.35%	Add 0.35%
C CRCL CIRCLE INTERNET GROUP INC	Chase Coleman	0.13%	$39.65M	500,000	$79.30	+375,000	+300.00%	Add 300.00%
B BMY Bristol-Myers Squibb	Charles Bobrinskoy	0.43%	$39.52M	732,677	$53.94	+732,677	—	Buy
G GHC Graham Holdings Company	Mason Hawkins	1.75%	$39.24M	35,721	$1,098.57	+364	+1.03%	Add 1.03%
S SPB SPECTRUM BRANDS HLDGS INC NE	David Einhorn	1.38%	$39.22M	663,890	$59.08	+663,890	+100.00%	Buy
P PAGS PAGSEGURO DIGITAL LTD	Sarah Ketterer	0.54%	$39.00M	4,045,457	$9.64	+153,332	+3.94%	Add 3.94%
A ADMA ADMA BIOLOGICS INC	Terry Smith	0.22%	$38.34M	2,102,054	$18.24	+2,102,054	—	Buy
I IDA IDACORP INC	Mairs & Power Growth Fund	0.37%	$38.28M	302,508	$126.56	+15,340	+5.34%	Add 5.34%
F FISV Fiserv	Christopher Davis	0.17%	$38.22M	568,982	$67.17	+568,982	—	Buy
H HCA HCA HEALTHCARE INC	Thomas Gayner	0.30%	$37.67M	80,680	$466.86	+5,467	+7.27%	Add 7.27%
W WGO WINNEBAGO INDS INC	Richard Pzena	0.11%	$37.64M	928,962	$40.52	+928,962	—	Buy
A AU ANGLOGOLD ASHANTI LTD	Sarah Ketterer	0.52%	$37.56M	434,260	$86.49	+235,747	+118.76%	Add 118.76%
Q QCOM Qualcomm	David Katz	3.34%	$37.21M	217,557	$171.05	+520	+0.24%	Add 0.24%
B BACPRL BK OF AMERICA CORP	First Eagle Investment Management	0.07%	$37.11M	29,641	$1,251.98	+5,100	+20.78%	Add 20.78%
L LYG LLOYDS BANKING GROUP PLC	First Eagle Investment Management	0.07%	$36.95M	6,971,101	$5.30	+642,848	+10.16%	Add 10.16%
L FWONK Liberty Media Corp., Series C	Dennis Hong	6.90%	$36.63M	371,829	$98.51	+154,306	+70.94%	Add 70.94%
T TGT Target Corp.	Richard Pzena	0.11%	$36.58M	374,240	$97.75	+15	—	Add 0.00%
W WBS WEBSTER FINL CORP	Charles Bobrinskoy	0.39%	$36.44M	578,996	$62.94	+578,996	—	Buy
F FDS FACTSET RESH SYS INC	Charles Bobrinskoy	0.39%	$36.40M	125,439	$290.18	+125,439	—	Buy
F FERG FERGUSON PLC NEW	Thomas Gayner	0.29%	$36.40M	163,500	$222.63	+16,500	+11.22%	Add 11.22%
T TMO Thermo Fisher Scientific	Thomas Gayner	0.29%	$36.39M	62,800	$579.44	+7,000	+12.54%	Add 12.54%
A AAPL Apple	Bill Nygren	0.05%	$36.20M	133,170	$271.86	+4,367	+3.39%	Add 3.39%
N NE NOBLE CORP PLC	Samantha McLemore	1.40%	$36.18M	1,281,155	$28.24	+200,081	+18.51%	Add 18.51%
W DIS Walt Disney	Mason Hawkins	1.61%	$36.08M	317,175	$113.77	+31,315	+10.95%	Add 10.95%
H HSIC HENRY SCHEIN INC	David Einhorn	1.24%	$35.47M	469,250	$75.58	+469,250	+100.00%	Buy
F FDS FACTSET RESH SYS INC	Thomas Gayner	0.28%	$35.37M	121,873	$290.18	+5,153	+4.41%	Add 4.41%
I ISRG Intuitive Surgical, Inc.	Mairs & Power Growth Fund	0.34%	$35.27M	62,277	$566.36	+62,277	—	Buy
G GPN GLOBAL PMTS INC	David Einhorn	1.23%	$35.04M	452,730	$77.40	+452,730	+100.00%	Buy
B BKV BKV CORP	David Einhorn	1.23%	$34.97M	1,287,943	$27.15	+1,287,943	+100.00%	Buy
A AR ANTERO RESOURCES CORP	David Einhorn	1.23%	$34.94M	1,014,070	$34.46	+1,014,070	+100.00%	Buy
R REVG REV GROUP INC.	FPA Queens Road Small Cap Value Fund	1.14%	$34.92M	574,290	$60.81	+6,465	+1.14%	Add 1.14%
M META Meta Platforms, Inc.	FPA Queens Road Small Cap Value Fund	1.14%	$34.92M	52,897	$660.08	+2,816	+5.62%	Add 5.62%
M MSCI MSCI Inc.	Valley Forge Capital Management	0.79%	$34.87M	60,770	$573.72	+1,070	+1.79%	Add 1.79%
V VUG Vanguard Growth Index	FPA Queens Road Small Cap Value Fund	1.13%	$34.61M	70,951	$487.86	+4,410	+6.63%	Add 6.63%
S SOLV SOLVENTUM CORP	Richard Pzena	0.10%	$34.49M	435,310	$79.24	+1,046	+0.24%	Add 0.24%
S STKL SUNOPTA INC	Leon Cooperman	1.14%	$34.40M	9,053,300	$3.80	+2,386,191	+35.79%	Add 35.79%
N NJR NEW JERSEY RES CORP	FPA Queens Road Small Cap Value Fund	1.12%	$34.33M	744,279	$46.12	+205,627	+38.17%	Add 38.17%
S SHEN SHENANDOAH TELECOMMUNICATION	Mason Hawkins	1.51%	$33.99M	2,940,296	$11.56	+492,056	+20.10%	Add 20.10%
K KKR KKR & CO INC	Charles Bobrinskoy	0.36%	$33.77M	264,916	$127.47	+9,447	+3.70%	Add 3.70%
H HLN Haleon PLC	First Eagle Investment Management	0.06%	$33.72M	3,335,583	$10.11	+278,632	+9.11%	Add 9.11%
C CGNX COGNEX CORP	Glenn Welling	8.56%	$33.57M	933,000	$35.98	+78,000	+9.12%	Add 9.12%
M MPLX MPLX LP	David Tepper	0.48%	$33.49M	627,500	$53.37	+92,500	+17.29%	Add 17.29%
M MDLN MEDLINE INC	Lee Ainslie	0.36%	$33.44M	796,077	$42.00	+796,077	—	Buy
B BAH BOOZ ALLEN HAMILTON HLDG COR	Sarah Ketterer	0.46%	$33.43M	396,332	$84.36	+396,332	—	Buy
A AXTA AXALTA COATING SYS LTD	Alex Roepers	18.63%	$33.09M	1,024,000	$32.31	+260,000	+34.03%	Add 34.03%
T TRV The Travelers Cos., Inc.	Mairs & Power Growth Fund	0.32%	$33.01M	113,800	$290.05	+25,306	+28.60%	Add 28.60%
B BA Boeing Company	Sarah Ketterer	0.45%	$32.99M	151,928	$217.12	+151,928	—	Buy
D DAL DELTA AIR LINES INC DEL	David Tepper	0.48%	$32.97M	475,000	$69.40	+12,500	+2.70%	Add 2.70%
O ODFL OLD DOMINION FREIGHT	Wallace Weitz	1.94%	$32.74M	208,800	$156.80	+300	+0.14%	Add 0.14%
U UNP Union Pacific	Thomas Gayner	0.26%	$32.68M	141,278	$231.31	+14,500	+11.44%	Add 11.44%
A ABNB AIRBNB INC	Thomas Gayner	0.26%	$32.61M	240,289	$135.72	+13,156	+5.79%	Add 5.79%
V VXUS Vanguard Total International Stock ETF	FPA Queens Road Small Cap Value Fund	1.06%	$32.57M	431,710	$75.44	+10,284	+2.44%	Add 2.44%
O OSK OSHKOSH CORP	FPA Queens Road Small Cap Value Fund	1.05%	$32.25M	256,745	$125.63	+733	+0.29%	Add 0.29%
I SMIN ISHARES MSCI INDIA SMALL-CAP ETF	Sarah Ketterer	0.44%	$32.09M	458,977	$69.91	+91,457	+24.88%	Add 24.88%
E EFX EQUIFAX INC	Valley Forge Capital Management	0.72%	$31.75M	146,352	$216.98	+2,352	+1.63%	Add 1.63%
G GCI GANNETT CO INC	Leon Cooperman	1.05%	$31.75M	6,164,811	$5.15	+297,602	+5.07%	Add 5.07%
H HPE Hewlett Packard Enterprise	Charles Bobrinskoy	0.34%	$31.74M	1,321,535	$24.02	+1,321,535	—	Buy
B BCC Boise Cascade Company	Third Avenue Management	5.75%	$31.65M	429,999	$73.60	+156,294	+57.10%	Add 57.10%
L LBRDK Liberty Broadband Corporation	Wallace Weitz	1.88%	$31.64M	651,000	$48.60	+150,500	+30.07%	Add 30.07%
O OC OWENS CORNING NEW	Bill Nygren	0.04%	$31.39M	280,528	$111.91	+18,568	+7.09%	Add 7.09%
C CSGS CSG SYS INTL INC	FPA Queens Road Small Cap Value Fund	1.02%	$31.36M	408,986	$76.69	+1,158	+0.28%	Add 0.28%
L LMT Lockheed Martin	Thomas Gayner	0.25%	$31.20M	64,513	$483.67	+2,250	+3.61%	Add 3.61%
V VOE VANGUARD INDEX FDS	FPA Queens Road Small Cap Value Fund	1.02%	$31.20M	175,901	$177.37	+6,188	+3.65%	Add 3.65%
W WFCPRL WELLS FARGO CO NEW	First Eagle Investment Management	0.05%	$31.20M	25,741	$1,212.00	+5,050	+24.41%	Add 24.41%
S SHG SHINHAN FINANCIAL GROUP CO L	Sarah Ketterer	0.43%	$31.09M	579,796	$53.63	+13,821	+2.44%	Add 2.44%
P PG Procter & Gamble Co.	Mairs & Power Growth Fund	0.30%	$30.99M	216,266	$143.31	+27,830	+14.77%	Add 14.77%
V VTEB VANGUARD MUN BD FDS	FPA Queens Road Small Cap Value Fund	1.01%	$30.98M	616,050	$50.29	+34,002	+5.84%	Add 5.84%
D DECK DECKERS OUTDOOR CORP	David Einhorn	1.09%	$30.97M	298,778	$103.67	+298,778	+100.00%	Buy
J JPM JPMorgan Chase	FPA Queens Road Small Cap Value Fund	1.01%	$30.97M	96,108	$322.21	+3,524	+3.81%	Add 3.81%
A AX AXOS FINANCIAL INC	FPA Queens Road Small Cap Value Fund	1.00%	$30.63M	355,459	$86.16	+638	+0.18%	Add 0.18%
W WB WEIBO CORP	Sarah Ketterer	0.42%	$30.58M	2,992,234	$10.22	+39,985	+1.35%	Add 1.35%
V VOT Vanguard Mid Cap Grwth	FPA Queens Road Small Cap Value Fund	0.99%	$30.38M	108,818	$279.14	+5,054	+4.87%	Add 4.87%
S SFBS SERVISFIRST BANCSHARES INC	FPA Queens Road Small Cap Value Fund	0.98%	$30.18M	420,381	$71.79	+181	+0.04%	Add 0.04%
V VTV VANGUARD INDEX FDS	FPA Queens Road Small Cap Value Fund	0.98%	$30.16M	157,892	$190.98	+4,889	+3.20%	Add 3.20%
C SCHW Charles Schwab	Christopher Davis	0.14%	$30.14M	301,695	$99.91	+5,254	+1.77%	Add 1.77%
L LULU LULULEMON ATHLETICA INC	Francois Rochon	1.00%	$29.97M	144,237	$207.80	+236	+0.16%	Add 0.16%
A T AT&T INC COM	Charles Bobrinskoy	0.32%	$29.87M	1,202,446	$24.84	+1,202,446	—	Buy
C CNO CNO FINL GROUP INC	FPA Queens Road Small Cap Value Fund	0.96%	$29.52M	695,066	$42.47	+52,870	+8.23%	Add 8.23%
M MSFT Microsoft	Christopher Davis	0.13%	$29.41M	60,801	$483.63	+8,495	+16.24%	Add 16.24%
P PEP PepsiCo	David Katz	2.64%	$29.37M	204,668	$143.52	+7,691	+3.90%	Add 3.90%
X XEL XCEL ENERGY INC	Mairs & Power Growth Fund	0.28%	$29.27M	396,280	$73.86	+10,272	+2.66%	Add 2.66%
A ARW ARROW ELECTRIC	FPA Queens Road Small Cap Value Fund	0.95%	$29.21M	265,161	$110.18	+19,283	+7.84%	Add 7.84%
T TRUP TRUPANION INC	Josh Tarasoff	8.47%	$29.02M	776,490	$37.37	+12,395	+1.62%	Add 1.62%
T TMO Thermo Fisher Scientific	Daniel Loeb	0.40%	$28.97M	50,000	$579.44	+50,000	—	Buy
B SAM Boston Beer Company Inc.	Mason Hawkins	1.29%	$28.88M	147,997	$195.13	+38,759	+35.48%	Add 35.48%
O OXY Occidental Petroleum Corp.	Leon Cooperman	0.95%	$28.78M	700,000	$41.12	+362,500	+107.41%	Add 107.41%
R RPRX Royalty Pharma	Torray Funds	4.12%	$28.76M	744,355	$38.64	+41,472	+5.90%	Add 5.90%
T TXN Texas Instruments	Wallace Weitz	1.70%	$28.64M	165,100	$173.49	+525	+0.32%	Add 0.32%
A ADP AUTOMATIC DATA PROCESSING IN	Mairs & Power Growth Fund	0.27%	$28.50M	110,781	$257.23	+5,674	+5.40%	Add 5.40%
Z ZTS Zoetis Inc	Mairs & Power Growth Fund	0.27%	$28.48M	226,400	$125.82	+224,910	+15094.63%	Add 15094.63%
M MTG MGIC INVT CORP WIS	FPA Queens Road Small Cap Value Fund	0.92%	$28.38M	971,379	$29.22	+43,544	+4.69%	Add 4.69%
N NNI NELNET INC	FPA Queens Road Small Cap Value Fund	0.92%	$28.27M	212,618	$132.96	+6,620	+3.21%	Add 3.21%
J JBTM JBT Marel Corp	FPA Queens Road Small Cap Value Fund	0.92%	$28.18M	187,047	$150.67	+622	+0.33%	Add 0.33%
M MDU MDU RES GROUP INC	FPA Queens Road Small Cap Value Fund	0.91%	$28.06M	1,437,711	$19.52	+127,738	+9.75%	Add 9.75%
M MAR MARRIOTT INTL INC NEW	Thomas Gayner	0.22%	$27.84M	89,750	$310.24	+16,500	+22.53%	Add 22.53%
N NWG NATWEST GROUP PLC	Sarah Ketterer	0.38%	$27.78M	1,587,264	$17.50	+151,301	+10.54%	Add 10.54%
M MSI Motorola Solutions	David Rolfe	5.13%	$27.49M	71,724	$383.32	+14,167	+24.61%	Add 24.61%
B BTI BRITISH AMERN TOB PLC	Sarah Ketterer	0.38%	$27.36M	483,138	$56.62	+24,435	+5.33%	Add 5.33%
A AMZN Amazon.com	Dennis Hong	5.15%	$27.34M	118,438	$230.81	+118,438	—	Buy
G GSHD GOOSEHEAD INS INC	Chuck Akre	0.30%	$27.33M	371,096	$73.65	+4,971	+1.36%	Add 1.36%
I IVE iShares S&P 500 Value Index Fund	Christopher Davis	0.12%	$26.94M	127,053	$212.07	+120,439	+1820.97%	Add 1820.97%
M MICC MAGNUM ICE CREAM CO NV ADR	Steven Romick	0.35%	$26.91M	1,697,675	$15.85	+1,697,675	—	Buy
E EMBC EMBECTA CORP	Yacktman Asset Management	0.38%	$26.88M	2,262,915	$11.88	+71,209	+3.25%	Add 3.25%
P NAN Pool	Tweedy Browne Co.	2.16%	$26.81M	317,701	$84.38	+58,526	+22.58%	Add 22.58%
G GGB GERDAU SA	Sarah Ketterer	0.37%	$26.79M	7,259,433	$3.69	+70,163	+0.98%	Add 0.98%
S SYNA SYNAPTICS INC	FPA Queens Road Small Cap Value Fund	0.86%	$26.36M	356,075	$74.02	+2,340	+0.66%	Add 0.66%
B BRK-B BERKSHIRE HATHAWAY INC DEL	First Eagle Investment Management	0.05%	$26.07M	51,877	$502.63	+36,567	+238.84%	Add 238.84%
O OGN Organon & Company	Kahn Brothers Group	4.61%	$26.02M	3,629,451	$7.17	+12,606	+0.35%	Add 0.35%
C CI Cigna Corp.	David Einhorn	0.91%	$25.80M	93,750	$275.22	+93,750	+100.00%	Buy
Z ZIM ZIM INTEGRATED SHIPPING SERVICES LTD	Sarah Ketterer	0.35%	$25.75M	1,213,006	$21.23	+130,365	+12.04%	Add 12.04%
M MAS MASCO CORP	Charles Bobrinskoy	0.28%	$25.73M	405,488	$63.46	+6,776	+1.70%	Add 1.70%
T TDG TRANSDIGM GROUP INC	Stephen Mandel	0.19%	$25.57M	19,228	$1,329.83	+19,228	—	Buy
I IMKTA Ingles Markets Incorporated -	FPA Queens Road Small Cap Value Fund	0.83%	$25.51M	372,210	$68.55	+68,909	+22.72%	Add 22.72%
L LFUS Littelfuse Inc	FPA Queens Road Small Cap Value Fund	0.82%	$25.20M	99,652	$252.91	+1,200	+1.22%	Add 1.22%
3 QFIN 360 DIGITECH INC	Sarah Ketterer	0.35%	$25.18M	1,306,636	$19.27	+15,426	+1.19%	Add 1.19%
B BN Brookfield Corp.	Third Avenue Management	4.57%	$25.15M	548,119	$45.89	+169,870	+44.91%	Add 44.91%
J JCI Johnson Controls International PLC	Christopher Davis	0.11%	$25.14M	209,960	$119.75	+23,956	+12.88%	Add 12.88%
H HPEPRC Hewlett Packard Ent Ser C Conv	Torray Funds	3.57%	$24.95M	374,202	$66.69	+14,842	+4.13%	Add 4.13%
A AG AGCO CORP.	FPA Queens Road Small Cap Value Fund	0.81%	$24.95M	239,169	$104.32	+52,349	+28.02%	Add 28.02%
R KRSP RICE ACQUISITION CORP 3	Howard Marks	0.35%	$24.66M	2,400,000	$10.28	+2,400,000	—	Buy
K KEX KIRBY CORP	Alex Roepers	13.83%	$24.57M	223,000	$110.18	+223,000	—	Buy
M MYE MYERS INDS INC	Richard Pzena	0.07%	$24.38M	1,302,309	$18.72	+1,159,746	+813.50%	Add 813.50%
T TXN Texas Instruments	Torray Funds	3.48%	$24.31M	140,108	$173.49	+25,787	+22.56%	Add 22.56%
E ESRT Empire State Realty Trust Inc.	Mason Hawkins	1.08%	$24.15M	3,704,236	$6.52	+1,074,096	+40.84%	Add 40.84%
M TAP Molson Coors Beverage Company	Charles Bobrinskoy	0.26%	$24.08M	515,945	$46.68	+57,698	+12.59%	Add 12.59%
S SDHC SMITH DOUGLAS HOMES CORP	Greg Alexander	3.98%	$24.04M	1,433,350	$16.77	+581,794	+68.32%	Add 68.32%
C CLW CLEARWATER PAPER CORP	Mason Hawkins	1.07%	$24.03M	1,380,930	$17.40	+443,009	+47.23%	Add 47.23%
R RLI RLI CORP	Charles Bobrinskoy	0.26%	$23.88M	373,173	$63.98	+373,173	—	Buy
I IWM ISHARES TR	Henry Ellenbogen	0.23%	$23.82M	96,776	$246.16	+96,776	—	Buy
M MSM MSC Industrial Direct Co.	FPA Queens Road Small Cap Value Fund	0.77%	$23.68M	281,536	$84.10	+521	+0.19%	Add 0.19%
L LAMR Lamar Advertising Co-A	Thomas Gayner	0.19%	$23.42M	185,000	$126.58	+15,000	+8.82%	Add 8.82%
W WIX WIX COM LTD	Daniel Loeb	0.32%	$23.38M	225,000	$103.89	+225,000	—	Buy
A ARW ARROW ELECTRIC	Richard Pzena	0.07%	$23.26M	211,106	$110.18	+9	—	Add 0.00%
E XOM Exxon Mobil Corp.	Thomas Russo	0.25%	$23.23M	193,033	$120.34	+1,291	+0.67%	Add 0.67%
T TXN Texas Instruments	David Katz	2.09%	$23.23M	133,884	$173.49	+31,558	+30.84%	Add 30.84%
S SFM SPROUTS FMRS MKT INC	FPA Queens Road Small Cap Value Fund	0.74%	$22.82M	286,474	$79.67	+122,743	+74.97%	Add 74.97%
S SMFG SUMITOMO MITSUI FINANCIAL GROUP INC. SPON ADR	Sarah Ketterer	0.31%	$22.76M	1,177,274	$19.33	+376,371	+46.99%	Add 46.99%
M MICC MAGNUM ICE CREAM CO NV ADR	Mason Hawkins	1.01%	$22.67M	1,430,351	$15.85	+1,430,351	—	Buy
S SLDE SLIDE INS HLDGS INC	David Einhorn	0.79%	$22.40M	1,149,880	$19.48	+1,149,880	+100.00%	Buy
C CVX Chevron	Torray Funds	3.15%	$22.02M	144,448	$152.41	+13,654	+10.44%	Add 10.44%
L LPX LOUISIANA PAC CORP	Mason Hawkins	0.98%	$21.98M	272,123	$80.76	+272,123	—	Buy
S SPY SPDR S&P 500 ETF TR	Yacktman Asset Management	0.31%	$21.88M	32,091	$681.90	+27,624	+618.40%	Add 618.40%
C CCK CROWN HLDGS INC	Thomas Gayner	0.17%	$21.83M	212,000	$102.96	+22,500	+11.87%	Add 11.87%
T TSN TYSON FOODS	David Katz	1.96%	$21.81M	372,014	$58.62	+9,108	+2.51%	Add 2.51%
U UHAL-B U-HAUL HOLDING CO - NON VOTING	Tweedy Browne Co.	1.76%	$21.79M	466,217	$46.74	+1,652	+0.36%	Add 0.36%
F FLS FLOWSERVE CORP	Alex Roepers	12.26%	$21.79M	314,000	$69.38	+314,000	—	Buy
F FISV Fiserv	Charles Bobrinskoy	0.23%	$21.56M	321,025	$67.17	+68,100	+26.92%	Add 26.92%
B BX Blackstone Group	Torray Funds	3.08%	$21.51M	139,547	$154.13	+2,487	+1.81%	Add 1.81%
K KKRPRD KKR Series D Conv 6.25	Torray Funds	3.08%	$21.48M	414,402	$51.84	+414,402	—	Buy
C CRWV COREWEAVE INC	Duan Yongping	0.12%	$21.48M	299,900	$71.61	+299,900	—	Buy
M META Meta Platforms, Inc.	David Katz	1.91%	$21.25M	32,186	$660.07	+4,052	+14.40%	Add 14.40%
G GIII G III APPAREL	FPA Queens Road Small Cap Value Fund	0.69%	$21.21M	732,462	$28.96	+3,851	+0.53%	Add 0.53%
B BKD BROOKDALE SR LIVING INC	First Eagle Investment Management	0.04%	$21.10M	1,955,530	$10.79	+1,944	+0.10%	Add 0.10%
H HMN Horace Mann Educators Corp	FPA Queens Road Small Cap Value Fund	0.68%	$21.02M	455,175	$46.18	+909	+0.20%	Add 0.20%
M MCD McDonalds	FPA Queens Road Small Cap Value Fund	0.68%	$20.95M	68,543	$305.62	+721	+1.06%	Add 1.06%
A AMP Ameriprise Financial, Inc.	Mairs & Power Growth Fund	0.20%	$20.89M	42,611	$490.32	+7,905	+22.78%	Add 22.78%
N EDU NEW ORIENTAL ED & TECHNOLOGY	Mason Hawkins	0.93%	$20.89M	379,561	$55.03	+379,561	—	Buy
S PRKS SEAWORLD ENTMT INC	David Einhorn	0.73%	$20.86M	574,620	$36.30	+574,620	+100.00%	Buy
N NVDA NVIDIA	Christopher Davis	0.09%	$20.71M	111,038	$186.50	+21,243	+23.66%	Add 23.66%
C CDW CDW CORP	David Rolfe	3.86%	$20.68M	151,871	$136.19	+31,347	+26.01%	Add 26.01%
L LFUS Littelfuse Inc	Francois Rochon	0.69%	$20.63M	81,585	$252.91	+328	+0.40%	Add 0.40%
A ALK ALASKA AIR GROUP INC	Christopher Bloomstran	2.37%	$20.59M	409,282	$50.30	+30,691	+8.11%	Add 8.11%
S SBUX Starbucks	Christopher Bloomstran	2.34%	$20.33M	241,470	$84.21	+2,509	+1.05%	Add 1.05%
C CRDO CREDO TECHNOLOGY GROUP HOLDING	Duan Yongping	0.12%	$20.33M	141,300	$143.89	+141,300	—	Buy
G GLIBK GCI LIBERTY INC	Ruane Cunniff	0.31%	$20.06M	539,071	$37.21	+164,401	+43.88%	Add 43.88%
P PLD ProLogis	Torray Funds	2.87%	$20.01M	156,755	$127.66	+6,719	+4.48%	Add 4.48%
P PFE Pfizer	Torray Funds	2.87%	$20.01M	803,571	$24.90	+50,574	+6.72%	Add 6.72%
I ITUB Itau Unibanco Holding SA	First Eagle Investment Management	0.04%	$20.00M	2,793,981	$7.16	+302,668	+12.15%	Add 12.15%
C CCK CROWN HLDGS INC	Bill Nygren	0.03%	$19.88M	193,110	$102.97	+6,498	+3.48%	Add 3.48%
I IBM International Business Machines Corp.	FPA Queens Road Small Cap Value Fund	0.65%	$19.87M	67,085	$296.21	+1,409	+2.15%	Add 2.15%
S SCHL SCHOLASTIC CORP	FPA Queens Road Small Cap Value Fund	0.65%	$19.82M	668,904	$29.63	+76,801	+12.97%	Add 12.97%
S SNN SMITH & NEPHEW PLC	Sarah Ketterer	0.27%	$19.81M	603,812	$32.81	+31,280	+5.46%	Add 5.46%
U UNF UNIFIRST CORP	Tweedy Browne Co.	1.59%	$19.69M	102,059	$192.90	+102,059	—	Buy
L LEVI LEVI STRAUSS & CO NEW	FPA Queens Road Small Cap Value Fund	0.64%	$19.65M	947,376	$20.74	+2,699	+0.29%	Add 0.29%
U UNH UnitedHealth Group	Torray Funds	2.80%	$19.53M	59,153	$330.09	+2,047	+3.58%	Add 3.58%
I INFY INFOSYS LTD	Howard Marks	0.28%	$19.51M	1,094,752	$17.82	+1,094,752	—	Buy
P PEP PepsiCo	Torray Funds	2.79%	$19.47M	135,674	$143.51	+13,051	+10.64%	Add 10.64%
O OSK OSHKOSH CORP	Alex Roepers	10.93%	$19.42M	154,600	$125.63	+5,500	+3.69%	Add 3.69%
U UPBD UPBOUND GROUP INC	FPA Queens Road Small Cap Value Fund	0.63%	$19.40M	1,105,047	$17.56	+119,158	+12.09%	Add 12.09%
G GTN GRAY TELEVISION INC	Bill Miller	6.80%	$19.30M	3,988,495	$4.84	+430,280	+12.09%	Add 12.09%
V VIPS Vipshop Holdings, Ltd.	Sarah Ketterer	0.27%	$19.27M	1,089,598	$17.69	+12,862	+1.19%	Add 1.19%
B BSX Boston Scientific Corp.	Stephen Mandel	0.14%	$19.23M	201,703	$95.35	+201,703	—	Buy
O OKE ONEOK Inc	Torray Funds	2.74%	$19.11M	259,982	$73.50	+259,982	—	Buy
S SBUX Starbucks	David Katz	1.71%	$19.05M	226,198	$84.21	+3,851	+1.73%	Add 1.73%
C CMC COMMERCIAL METALS CO	First Eagle Investment Management	0.03%	$18.85M	272,349	$69.22	+8,100	+3.07%	Add 3.07%
O ODFL OLD DOMINION FREIGHT	David Rolfe	3.52%	$18.82M	120,051	$156.80	+31,504	+35.58%	Add 35.58%
L LINC LINCOLN EDL SVCS CORP	First Eagle Investment Management	0.03%	$18.80M	778,630	$24.15	+4,000	+0.52%	Add 0.52%
K KSPI Kaspi.KZ JSC	Mason Hawkins	0.84%	$18.80M	240,628	$78.13	+62,184	+34.85%	Add 34.85%
V VCIT VANGUARD SCOTTSDALE FDS	FPA Queens Road Small Cap Value Fund	0.61%	$18.63M	222,498	$83.75	+9,682	+4.55%	Add 4.55%
P PLD ProLogis	Third Avenue Management	3.37%	$18.57M	145,451	$127.66	+57	+0.04%	Add 0.04%
S STT State Street Corp.	Christopher Davis	0.08%	$18.55M	143,773	$129.01	+39,988	+38.53%	Add 38.53%
J JNJ Johnson & Johnson	FPA Queens Road Small Cap Value Fund	0.60%	$18.50M	89,409	$206.95	+4,235	+4.97%	Add 4.97%
S SPY SPDR S&P 500 ETF TR	Mairs & Power Growth Fund	0.18%	$18.45M	27,054	$681.90	+61	+0.23%	Add 0.23%
P PCG PG&E CORP	Steven Romick	0.24%	$18.35M	1,142,167	$16.07	+20,946	+1.87%	Add 1.87%
R ROG Rogers Corp.	Third Avenue Management	3.32%	$18.27M	199,474	$91.57	+106	+0.05%	Add 0.05%
C CSX CSX CORP	Daniel Loeb	0.25%	$18.13M	500,000	$36.25	+500,000	—	Buy
M MMC Marsh & McLennan	Torray Funds	2.59%	$18.12M	97,677	$185.52	+27,662	+39.51%	Add 39.51%
C CGAU CENTERRA GOLD INC	Sarah Ketterer	0.25%	$18.02M	1,249,789	$14.42	+386,412	+44.76%	Add 44.76%
H HD Home Depot	FPA Queens Road Small Cap Value Fund	0.58%	$17.93M	52,105	$344.09	+842	+1.64%	Add 1.64%
O OCN OCWEN FINANCIAL CORP	Howard Marks	0.25%	$17.90M	390,835	$45.79	+390,835	—	Buy
V VRTX Vertex Pharmaceuticals	Tweedy Browne Co.	1.43%	$17.75M	39,148	$453.36	+83	+0.21%	Add 0.21%
V VOO Vanguard S&P 500 ETF	David Katz	1.59%	$17.68M	28,186	$627.12	+884	+3.24%	Add 3.24%
A APD Air Products & Chemicals, Inc.	Thomas Gayner	0.14%	$17.66M	71,500	$247.01	+6,500	+10.00%	Add 10.00%
C CB Chubb Limited	David Rolfe	3.29%	$17.64M	56,526	$312.10	+56,526	—	Buy
A ACIW ACI WORLDWIDE INC	Wallace Weitz	1.04%	$17.58M	367,700	$47.81	+900	+0.25%	Add 0.25%
G GCI GANNETT CO INC	Bill Miller	6.18%	$17.53M	3,403,345	$5.15	+80	—	Add 0.00%
F FISV Fiserv	Samantha McLemore	0.67%	$17.41M	259,161	$67.17	+259,161	—	Buy
H HD Home Depot	David Katz	1.56%	$17.36M	50,466	$344.09	+2,412	+5.02%	Add 5.02%
M MA MASTERCARD INCORPORATED	FPA Queens Road Small Cap Value Fund	0.56%	$17.17M	30,079	$570.86	+395	+1.33%	Add 1.33%
Q QUAD QUAD / GRAPHICS INC	Bill Miller	6.05%	$17.17M	2,737,890	$6.27	+114,415	+4.36%	Add 4.36%
R RY ROYAL BK CDA	FPA Queens Road Small Cap Value Fund	0.55%	$16.95M	99,436	$170.48	+655	+0.66%	Add 0.66%
G GWRE GUIDEWIRE SOFTWARE INC	Bryan Lawrence	7.17%	$16.72M	83,183	$201.00	+17,500	+26.64%	Add 26.64%
J JPM JPMorgan Chase	Francois Rochon	0.56%	$16.70M	51,838	$322.22	+1,133	+2.23%	Add 2.23%
H HLT HILTON WORLDWIDE HLDGS INC	Stephen Mandel	0.12%	$16.61M	57,817	$287.23	+57,817	—	Buy
W DIS Walt Disney	Christopher Bloomstran	1.91%	$16.59M	145,782	$113.77	+246	+0.17%	Add 0.17%
H DINO HF SINCLAIR CORP	Christopher Bloomstran	1.90%	$16.52M	358,527	$46.08	+1,815	+0.51%	Add 0.51%
W DIS Walt Disney	FPA Queens Road Small Cap Value Fund	0.53%	$16.42M	144,309	$113.76	+3,412	+2.42%	Add 2.42%
M MA MASTERCARD INCORPORATED	Francois Rochon	0.55%	$16.42M	28,759	$570.85	+1,035	+3.73%	Add 3.73%
R ROP Roper Technologies	Wallace Weitz	0.96%	$16.27M	36,550	$445.12	+5,125	+16.31%	Add 16.31%
Q QCOM Qualcomm	FPA Queens Road Small Cap Value Fund	0.53%	$16.23M	94,886	$171.05	+3,372	+3.68%	Add 3.68%
V VUG Vanguard Growth Index	Polen Capital Management	0.07%	$16.16M	33,124	$487.83	+21,499	+184.94%	Add 184.94%
L LMT Lockheed Martin	David Katz	1.44%	$16.00M	33,077	$483.66	+10,087	+43.88%	Add 43.88%
E PLUS EPLUS INC	FPA Queens Road Small Cap Value Fund	0.52%	$15.95M	181,922	$87.70	+161,428	+787.68%	Add 787.68%
C CSX CSX CORP	Thomas Gayner	0.13%	$15.95M	440,000	$36.25	+155,000	+54.39%	Add 54.39%
U QURE UNIQURE NV	Lee Ainslie	0.17%	$15.84M	661,820	$23.93	+661,820	—	Buy
L LPX LOUISIANA PAC CORP	First Eagle Investment Management	0.03%	$15.80M	195,699	$80.76	+21,783	+12.53%	Add 12.53%
P PGR PROGRESSIVE CORP	FPA Queens Road Small Cap Value Fund	0.51%	$15.80M	69,371	$227.72	+19,968	+40.42%	Add 40.42%
G GLPG GALAPAGOS NV	David Einhorn	0.55%	$15.79M	482,746	$32.70	+482,746	+100.00%	Buy
L LOW LOWES COS INC	David Katz	1.41%	$15.68M	65,036	$241.16	+4,411	+7.28%	Add 7.28%
P PYPL PayPal Holdings, Inc.	David Katz	1.41%	$15.64M	267,919	$58.38	+16,429	+6.53%	Add 6.53%
A GOOGL ALPHABET INC	Mairs & Power Growth Fund	0.15%	$15.61M	49,881	$312.98	+23,613	+89.89%	Add 89.89%
A ACN Accenture	FPA Queens Road Small Cap Value Fund	0.51%	$15.56M	58,014	$268.30	+2,273	+4.08%	Add 4.08%
O ORCL ORACLE CORP	Christopher Davis	0.07%	$15.48M	79,416	$194.91	+12,364	+18.44%	Add 18.44%
H HDB HDFC Bank, Ltd.	Sarah Ketterer	0.21%	$15.43M	422,279	$36.54	+37,093	+9.63%	Add 9.63%
G GNRC Generac Holdings Inc	David Katz	1.38%	$15.41M	112,991	$136.36	+46,101	+68.92%	Add 68.92%
D DHR Danaher	FPA Queens Road Small Cap Value Fund	0.50%	$15.39M	67,229	$228.92	+718	+1.08%	Add 1.08%
S BIL SPDR Bloomberg 1-3 Month T-B (BIL)	Yacktman Asset Management	0.21%	$15.34M	167,893	$91.38	+167,893	—	Buy
E XOM Exxon Mobil Corp.	FPA Queens Road Small Cap Value Fund	0.49%	$15.20M	126,300	$120.33	+5,697	+4.72%	Add 4.72%
A ABCB AMERIS BANCORP	First Eagle Investment Management	0.03%	$15.12M	203,614	$74.27	+7,050	+3.59%	Add 3.59%
T TFX Teleflex Inc (TFX)	Greenhaven Associates	0.24%	$14.90M	122,079	$122.04	+122,079	—	Buy
T THR THERMON GROUP HLDGS INC	First Eagle Investment Management	0.03%	$14.88M	400,510	$37.16	+8,532	+2.18%	Add 2.18%
R RJF RAYMOND JAMES FINL INC	FPA Queens Road Small Cap Value Fund	0.48%	$14.86M	92,557	$160.58	+3,460	+3.88%	Add 3.88%
V VSH VISHAY INTERTECHNOLOGY INC	First Eagle Investment Management	0.03%	$14.81M	1,022,488	$14.49	+102,374	+11.13%	Add 11.13%
V VEA VANGUARD DEVELOPED MARKETSINDE	David Katz	1.32%	$14.67M	234,854	$62.47	+14,550	+6.60%	Add 6.60%
A AAP Advance Auto Parts	FPA Queens Road Small Cap Value Fund	0.47%	$14.57M	370,812	$39.30	+2,368	+0.64%	Add 0.64%
E LLY Eli Lilly	FPA Queens Road Small Cap Value Fund	0.47%	$14.37M	13,367	$1,074.66	+169	+1.28%	Add 1.28%
K KSPI Kaspi.KZ JSC	Dodge & Cox	0.01%	$14.35M	183,726	$78.13	+165,900	+930.66%	Add 930.66%
I INTU Intuit	Torray Funds	2.05%	$14.33M	21,635	$662.40	+21,635	—	Buy
W WBS WEBSTER FINL CORP	First Eagle Investment Management	0.03%	$14.30M	227,302	$62.93	+20,493	+9.91%	Add 9.91%
C CCS CENTURY CMNTYS INC	First Eagle Investment Management	0.03%	$14.30M	240,940	$59.35	+22,450	+10.28%	Add 10.28%
A AVB AvalonBay Communities, Inc.	Christopher Davis	0.06%	$14.29M	78,840	$181.30	+12,260	+18.41%	Add 18.41%
S SIMO SILICON MOTION TECHNOLOGY CO	First Eagle Investment Management	0.03%	$14.23M	153,519	$92.69	+3,032	+2.01%	Add 2.01%
B BZH BEAZER HOMES USA	First Eagle Investment Management	0.03%	$14.22M	701,437	$20.27	+5,500	+0.79%	Add 0.79%
I IBN ICICI Bank, Ltd.	Sarah Ketterer	0.20%	$14.22M	477,060	$29.80	+32,400	+7.29%	Add 7.29%
O OTIS Otis Worldwide Corp.	First Eagle Investment Management	0.03%	$14.21M	162,639	$87.34	+18,940	+13.18%	Add 13.18%
V VYM VANGUARD WHITEHALL FDS	David Katz	1.27%	$14.15M	98,624	$143.51	+9,188	+10.27%	Add 10.27%
E EQNR EQUINOR ASA	Christopher Bloomstran	1.63%	$14.14M	598,385	$23.63	+24,654	+4.30%	Add 4.30%
P PG Procter & Gamble Co.	FPA Queens Road Small Cap Value Fund	0.46%	$14.09M	98,302	$143.30	+608	+0.62%	Add 0.62%
L LEN-B Lennar Corp Cl B	Third Avenue Management	2.56%	$14.08M	148,008	$95.12	+165	+0.11%	Add 0.11%
J JGRW Jensen Quality Growth ETF	Jensen Investment Management	0.22%	$14.02M	517,847	$27.06	+517,847	—	Buy
T TSM Taiwan Semiconductor	FPA Queens Road Small Cap Value Fund	0.46%	$14.00M	46,065	$303.87	+1,891	+4.28%	Add 4.28%
A ABT Abbott Labs	FPA Queens Road Small Cap Value Fund	0.45%	$13.96M	111,462	$125.29	+652	+0.59%	Add 0.59%
A ASML ASML HOLDING N V	FPA Queens Road Small Cap Value Fund	0.45%	$13.91M	13,005	$1,069.82	+643	+5.20%	Add 5.20%
E NPO ENPRO INDS INC	First Eagle Investment Management	0.02%	$13.77M	64,313	$214.12	+4,505	+7.53%	Add 7.53%
S SAP SAP SE	Christopher Davis	0.06%	$13.69M	56,347	$242.92	+9,560	+20.43%	Add 20.43%
T TMHC Taylor Morrison Home Corp (TMHC)	First Eagle Investment Management	0.02%	$13.66M	232,134	$58.87	+800	+0.35%	Add 0.35%
O ONB OLD NATIONAL BANCORP	First Eagle Investment Management	0.02%	$13.65M	611,798	$22.31	+35,000	+6.07%	Add 6.07%
A AMZN Amazon.com	David Rolfe	2.51%	$13.45M	58,266	$230.80	+58,266	—	Buy
T TT Trane Technologies PLC	FPA Queens Road Small Cap Value Fund	0.43%	$13.24M	34,031	$389.17	+1,250	+3.81%	Add 3.81%
S SBCF SEACOAST BKG CORP FLA	First Eagle Investment Management	0.02%	$13.13M	417,900	$31.42	+4,900	+1.19%	Add 1.19%
P PG Procter & Gamble Co.	Dodge & Cox	0.01%	$13.02M	90,831	$143.30	+35	+0.04%	Add 0.04%
D DB DEUTSCHE BANK A G	Third Avenue Management	2.36%	$13.00M	337,193	$38.56	+337,193	—	Buy
H HON Honeywell	FPA Queens Road Small Cap Value Fund	0.42%	$12.98M	66,527	$195.08	+838	+1.28%	Add 1.28%
E ECG EVERUS CONSTR GROUP	FPA Queens Road Small Cap Value Fund	0.42%	$12.90M	150,726	$85.56	+581	+0.39%	Add 0.39%
D DAR Darling Ingredients Inc.	FPA Queens Road Small Cap Value Fund	0.42%	$12.82M	356,159	$36.00	+1,387	+0.39%	Add 0.39%
M MATV MATIV HOLDINGS INC	First Eagle Investment Management	0.02%	$12.80M	1,053,792	$12.15	+40,402	+3.99%	Add 3.99%
S CRM SALESFORCE INC	FPA Queens Road Small Cap Value Fund	0.42%	$12.77M	48,220	$264.89	+2,857	+6.30%	Add 6.30%
P PNTG PENNANT GROUP INC	First Eagle Investment Management	0.02%	$12.61M	447,949	$28.15	+5,750	+1.30%	Add 1.30%
C CME CME GROUP INC	Thomas Gayner	0.10%	$12.49M	45,750	$273.07	+13,750	+42.97%	Add 42.97%
Q QRVO QORVO INC	FPA Queens Road Small Cap Value Fund	0.40%	$12.33M	145,937	$84.51	+294	+0.20%	Add 0.20%
H HSY Hershey Co.	Thomas Gayner	0.10%	$12.28M	67,500	$181.97	+13,000	+23.85%	Add 23.85%
A AX AXOS FINANCIAL INC	First Eagle Investment Management	0.02%	$12.26M	142,287	$86.15	+2,539	+1.82%	Add 1.82%
S SPB SPECTRUM BRANDS HLDGS INC NE	First Eagle Investment Management	0.02%	$12.22M	206,772	$59.08	+18,100	+9.59%	Add 9.59%
E EEFT EURONET WORLDWIDE INC	Wallace Weitz	0.72%	$12.18M	160,000	$76.11	+160,000	—	Buy
B BLK BlackRock Inc	FPA Queens Road Small Cap Value Fund	0.40%	$12.16M	11,361	$1,070.33	+304	+2.75%	Add 2.75%
U UHAL-B U-HAUL HOLDING CO - NON VOTING	Third Avenue Management	2.20%	$12.12M	259,246	$46.74	+21	+0.01%	Add 0.01%
I EWT ISHARES MSCI TAIWAN ETF	Sarah Ketterer	0.17%	$12.09M	190,341	$63.53	+179,241	+1614.78%	Add 1614.78%
A AXL AMERICAN AXLE & MFG HLDGS IN	Alex Roepers	6.80%	$12.07M	1,883,000	$6.41	+1,883,000	—	Buy
M MTG MGIC INVT CORP WIS	First Eagle Investment Management	0.02%	$12.04M	412,253	$29.22	+500	+0.12%	Add 0.12%
S SUI Sun Communities, Inc.	Third Avenue Management	2.18%	$12.01M	96,922	$123.90	+136	+0.14%	Add 0.14%
M TIGO Millicom International Cellular SA	Sarah Ketterer	0.16%	$11.97M	215,950	$55.44	+177,950	+468.29%	Add 468.29%
P PHM PULTE GROUP INC	Third Avenue Management	2.15%	$11.81M	100,684	$117.26	+3,918	+4.05%	Add 4.05%
V VALE VALE SA	Sarah Ketterer	0.16%	$11.78M	904,000	$13.03	+904,000	—	Buy
C COYA COYA THERAPEUTICS INC	David Einhorn	0.41%	$11.75M	2,025,940	$5.80	+2,025,940	+100.00%	Buy
U UTI UNIVERSAL TECHNICAL INST INC	First Eagle Investment Management	0.02%	$11.69M	447,231	$26.13	+9,751	+2.23%	Add 2.23%
B BX Blackstone Group	FPA Queens Road Small Cap Value Fund	0.38%	$11.61M	75,350	$154.13	+3,925	+5.50%	Add 5.50%
S SEG SEAPORT ENTMT GROUP INC	Kahn Brothers Group	2.05%	$11.59M	586,170	$19.77	+2,806	+0.48%	Add 0.48%
D DCO DUCOMMUN INC DEL	FPA Queens Road Small Cap Value Fund	0.37%	$11.48M	120,697	$95.12	+517	+0.43%	Add 0.43%
I IWF ISHARES TR	David Katz	1.03%	$11.45M	24,187	$473.27	+829	+3.55%	Add 3.55%
U UBER UBER TECHNOLOGIES INC	Thomas Gayner	0.09%	$11.44M	140,000	$81.71	+16,500	+13.36%	Add 13.36%
U UMH UMH PPTYS INC	First Eagle Investment Management	0.02%	$11.40M	716,419	$15.91	+46,000	+6.86%	Add 6.86%
F FG F&G ANNUITIES & LIFE INC	First Eagle Investment Management	0.02%	$11.31M	366,671	$30.85	+366,671	—	Buy
D DHI D R Horton, Inc. (DHI)	Third Avenue Management	2.05%	$11.26M	78,194	$144.03	+116	+0.15%	Add 0.15%
M MTB M&T Bank Corp	Christopher Davis	0.05%	$11.25M	55,846	$201.46	+4,819	+9.44%	Add 9.44%
F FNF FIDELITY NATIONAL FINANCIAL	Third Avenue Management	2.04%	$11.21M	205,320	$54.59	+86,664	+73.04%	Add 73.04%
A AXL AMERICAN AXLE & MFG HLDGS IN	Bill Miller	3.92%	$11.12M	1,734,780	$6.41	+17,685	+1.03%	Add 1.03%
F FIP FTAI INFRASTRUCTURE INC	First Eagle Investment Management	0.02%	$10.99M	2,383,921	$4.61	+157,568	+7.08%	Add 7.08%
A ACLS AXCELIS TECHNOLOGIES INC	First Eagle Investment Management	0.02%	$10.95M	136,318	$80.33	+5,960	+4.57%	Add 4.57%
G GLNG GOLAR LNG LTD	First Eagle Investment Management	0.02%	$10.92M	293,472	$37.21	+10,700	+3.78%	Add 3.78%
R ROG Rogers Corp.	First Eagle Investment Management	0.02%	$10.83M	118,329	$91.56	+48,536	+69.54%	Add 69.54%
A ADTN ADTRAN HOLDINGS INC	First Eagle Investment Management	0.02%	$10.73M	1,235,207	$8.69	+26,000	+2.15%	Add 2.15%
H HCSG HEALTHCARE SVCS GROUP INC	First Eagle Investment Management	0.02%	$10.73M	561,035	$19.12	+887	+0.16%	Add 0.16%
C CNDT Conduent Inc	Bill Miller	3.78%	$10.72M	5,583,385	$1.92	+1,552,560	+38.52%	Add 38.52%
B BHE BENCHMARK ELECTRS INC	First Eagle Investment Management	0.02%	$10.71M	250,469	$42.76	+12,000	+5.03%	Add 5.03%
E EXP EAGLE MATLS INC	First Eagle Investment Management	0.02%	$10.61M	51,334	$206.67	+51,334	—	Buy
S SIBN SI-BONE INC	First Eagle Investment Management	0.02%	$10.60M	537,461	$19.72	+53,200	+10.99%	Add 10.99%
V VITL VITAL FARMS INC	First Eagle Investment Management	0.02%	$10.54M	330,179	$31.93	+48,932	+17.40%	Add 17.40%
L LFST LIFESTANCE HEALTH GROUP INC	First Eagle Investment Management	0.02%	$10.54M	1,496,466	$7.04	+176,000	+13.33%	Add 13.33%
C CBOE CBOE GLOBAL MKTS INC	Thomas Gayner	0.08%	$10.48M	41,750	$250.99	+13,250	+46.49%	Add 46.49%
A ADBE Adobe Systems	FPA Queens Road Small Cap Value Fund	0.34%	$10.46M	29,886	$349.96	+1,631	+5.77%	Add 5.77%
E XOM Exxon Mobil Corp.	Mairs & Power Growth Fund	0.10%	$10.42M	86,602	$120.33	+16,689	+23.87%	Add 23.87%
U UCTT ULTRA CLEAN HLDGS INC	First Eagle Investment Management	0.02%	$10.40M	410,569	$25.33	+8,000	+1.99%	Add 1.99%
S SKY SKYLINE CHAMPION CORPORATION	First Eagle Investment Management	0.02%	$10.38M	122,824	$84.49	+11,300	+10.13%	Add 10.13%
B BCC Boise Cascade Company	First Eagle Investment Management	0.02%	$10.34M	140,496	$73.59	+33,044	+30.75%	Add 30.75%
S SPOT SPOTIFY TECHNOLOGY S A	Stephen Mandel	0.08%	$10.31M	17,762	$580.68	+17,762	—	Buy
S KRE SPDR SERIES TRUST	First Eagle Investment Management	0.02%	$10.31M	159,119	$64.81	+37,500	+30.83%	Add 30.83%
H HNGE HINGE HEALTH INC	First Eagle Investment Management	0.02%	$10.30M	221,751	$46.45	+138,751	+167.17%	Add 167.17%
C CDNA CAREDX INC	First Eagle Investment Management	0.02%	$10.30M	546,722	$18.84	+71,576	+15.06%	Add 15.06%
T TFX Teleflex Inc (TFX)	First Eagle Investment Management	0.02%	$10.29M	84,300	$122.03	+52,300	+163.44%	Add 163.44%
U UNH UnitedHealth Group	FPA Queens Road Small Cap Value Fund	0.33%	$10.28M	31,128	$330.09	+729	+2.40%	Add 2.40%
I MUB ISHARES TR	FPA Queens Road Small Cap Value Fund	0.33%	$10.27M	95,876	$107.11	+4,953	+5.45%	Add 5.45%
W DIS Walt Disney	Richard Pzena	0.03%	$10.26M	90,219	$113.77	+87,675	+3446.34%	Add 3446.34%
S BLDE STRATA CRITICAL MEDICAL INC	First Eagle Investment Management	0.02%	$10.24M	2,129,550	$4.81	+336,199	+18.75%	Add 18.75%
C CUBI CUSTOMERS BANCORP INC	First Eagle Investment Management	0.02%	$10.19M	139,293	$73.12	+38,076	+37.62%	Add 37.62%
J JELD JELD-WEN HLDG INC	Bill Miller	3.58%	$10.17M	4,134,210	$2.46	+2,065,370	+99.83%	Add 99.83%
E EVH EVOLENT HEALTH INC	Lee Ainslie	0.11%	$10.16M	2,539,930	$4.00	+144,646	+6.04%	Add 6.04%
C CHEF CHEFS WHSE INC	First Eagle Investment Management	0.02%	$10.15M	162,873	$62.32	+400	+0.25%	Add 0.25%
P PWP PERELLA WEINBERG PARTNERS	First Eagle Investment Management	0.02%	$10.10M	583,848	$17.30	+116,056	+24.81%	Add 24.81%
P PEP PepsiCo	FPA Queens Road Small Cap Value Fund	0.33%	$9.98M	69,567	$143.52	+1,476	+2.17%	Add 2.17%
S SHEL Shell PLC	FPA Queens Road Small Cap Value Fund	0.31%	$9.65M	131,380	$73.47	+1,041	+0.80%	Add 0.80%
H HSTM HEALTHSTREAM INC	First Eagle Investment Management	0.02%	$9.54M	413,698	$23.07	+4,300	+1.05%	Add 1.05%
T TWFG TWFG INC	Francois Rochon	0.32%	$9.54M	331,511	$28.77	+31,194	+10.39%	Add 10.39%
T TFC Truist Financial Corp.	Christopher Davis	0.04%	$9.45M	192,053	$49.21	+35,616	+22.77%	Add 22.77%
D LPG DORIAN LPG LIMITED	First Eagle Investment Management	0.02%	$9.39M	385,825	$24.34	+500	+0.13%	Add 0.13%
C COP ConocoPhillips	FPA Queens Road Small Cap Value Fund	0.31%	$9.38M	100,242	$93.60	+1,616	+1.64%	Add 1.64%
I IVV ISHARES TR	Polen Capital Management	0.04%	$9.36M	13,669	$684.91	+13,669	—	Buy
T TMUS T-Mobile U.S., Inc.	FPA Queens Road Small Cap Value Fund	0.30%	$9.30M	45,818	$203.02	+13,131	+40.17%	Add 40.17%
B BLDR BUILDERS FIRSTSOURCE INC	Francois Rochon	0.31%	$9.26M	89,984	$102.88	+2,888	+3.32%	Add 3.32%
U UTZ UTZ BRANDS INC	First Eagle Investment Management	0.02%	$9.20M	886,250	$10.38	+160,720	+22.15%	Add 22.15%
P PKOH PARK-OHIO HLDGS CORP	First Eagle Investment Management	0.02%	$9.12M	435,605	$20.94	+21,535	+5.20%	Add 5.20%
D DORM DORMAN PRODS INC	First Eagle Investment Management	0.02%	$9.04M	73,342	$123.19	+73,342	—	Buy
J JBI JANUS INTERNATIONAL GROUP IN	First Eagle Investment Management	0.02%	$8.99M	1,374,346	$6.54	+239,665	+21.12%	Add 21.12%
A AMH American Homes 4 Rent, Class A	Third Avenue Management	1.62%	$8.94M	278,512	$32.10	+87,446	+45.77%	Add 45.77%
R RELY REMITLY GLOBAL INC	First Eagle Investment Management	0.02%	$8.85M	641,454	$13.80	+641,454	—	Buy
T TTE TOTALENERGIES SE ADR	Tweedy Browne Co.	0.71%	$8.84M	135,090	$65.42	+2,901	+2.19%	Add 2.19%
B BKH BLACK HILLS CORP	First Eagle Investment Management	0.02%	$8.79M	126,670	$69.42	+3,000	+2.43%	Add 2.43%
A AMAT Applied Materials	Thomas Gayner	0.07%	$8.76M	34,100	$256.98	+7,850	+29.90%	Add 29.90%
K KNF Knife River Corporation	Mairs & Power Growth Fund	0.08%	$8.71M	123,855	$70.35	+1,810	+1.48%	Add 1.48%
H HII Huntington Ingalls	Thomas Gayner	0.07%	$8.67M	25,500	$340.04	+5,000	+24.39%	Add 24.39%
A AAPL Apple	Dodge & Cox	0.00%	$8.65M	31,807	$271.86	+485	+1.55%	Add 1.55%
S STC Stewart Information Services Corp.	First Eagle Investment Management	0.02%	$8.55M	121,779	$70.25	+6,762	+5.88%	Add 5.88%
I ACWX ISHARES TR	Polen Capital Management	0.04%	$8.51M	126,761	$67.13	+65,149	+105.74%	Add 105.74%
T SNX TD SYNNEX CORPORATION	David Einhorn	0.30%	$8.49M	56,490	$150.22	+56,490	+100.00%	Buy
F FSM FORTUNA MINING CORP	Sarah Ketterer	0.12%	$8.47M	863,628	$9.81	+747,761	+645.36%	Add 645.36%
A ABM ABM INDS INC	Alex Roepers	4.76%	$8.46M	200,000	$42.30	+200,000	—	Buy
H HLIT HARMONIC INC	First Eagle Investment Management	0.01%	$8.40M	849,876	$9.89	+31,500	+3.85%	Add 3.85%
S SLP SIMULATIONS PLUS INC	First Eagle Investment Management	0.01%	$8.33M	457,155	$18.23	+434,275	+1898.06%	Add 1898.06%
T TMO Thermo Fisher Scientific	FPA Queens Road Small Cap Value Fund	0.27%	$8.15M	14,062	$579.43	+303	+2.20%	Add 2.20%
S SHC SOTERA HEALTH CO	David Einhorn	0.29%	$8.14M	461,270	$17.64	+461,270	+100.00%	Buy
F FERG FERGUSON PLC NEW	Francois Rochon	0.27%	$8.10M	36,374	$222.60	+871	+2.45%	Add 2.45%
O OGS ONE GAS INC	First Eagle Investment Management	0.01%	$8.04M	104,064	$77.24	+2,500	+2.46%	Add 2.46%
T TALK TALKSPACE INC	First Eagle Investment Management	0.01%	$8.01M	2,206,130	$3.63	+315,500	+16.69%	Add 16.69%
C CTO CTO Realty Growth, Inc.	Bill Miller	2.82%	$7.99M	434,145	$18.41	+5,000	+1.17%	Add 1.17%
L LMB LIMBACH HLDGS INC	Tom Bancroft	6.22%	$7.96M	102,239	$77.85	+50,000	+95.71%	Add 95.71%
F FMC FMC CORP.	Richard Pzena	0.02%	$7.93M	572,048	$13.87	+148	+0.03%	Add 0.03%
A AVUV AMERICAN CENTY ETF TR	FPA Queens Road Small Cap Value Fund	0.26%	$7.89M	77,344	$101.97	+31,786	+69.77%	Add 69.77%
T TW Tradeweb Markets	Torray Funds	1.11%	$7.75M	72,041	$107.54	+56,426	+361.36%	Add 361.36%
B BWXT BWX Technologies	Polen Capital Management	0.03%	$7.75M	44,828	$172.82	+8,080	+21.99%	Add 21.99%
B BBNX BETA BIONICS INC	First Eagle Investment Management	0.01%	$7.73M	253,702	$30.47	+20,500	+8.79%	Add 8.79%
M MHO M/I HOMES INC	First Eagle Investment Management	0.01%	$7.69M	60,100	$127.94	+31,495	+110.10%	Add 110.10%
C CDW CDW CORP	Wallace Weitz	0.45%	$7.66M	56,250	$136.20	+20,600	+57.78%	Add 57.78%
A ABM ABM INDS INC	First Eagle Investment Management	0.01%	$7.62M	180,218	$42.29	+180,218	—	Buy
I IJR ISHARES TR	David Katz	0.68%	$7.56M	62,874	$120.18	+5,168	+8.96%	Add 8.96%
C CON CONCENTRA GROUP HOLDINGS PAR	First Eagle Investment Management	0.01%	$7.54M	383,206	$19.68	+59,500	+18.38%	Add 18.38%
M MTRX MATRIX SVC CO	First Eagle Investment Management	0.01%	$7.49M	640,083	$11.70	+58,209	+10.00%	Add 10.00%
G GGG GRACO INC	FPA Queens Road Small Cap Value Fund	0.24%	$7.48M	91,233	$81.97	+251	+0.28%	Add 0.28%
Q NX QUANEX BLDG PRODS CORP	First Eagle Investment Management	0.01%	$7.38M	479,687	$15.38	+72,000	+17.66%	Add 17.66%
T TKR TIMKEN CO	First Eagle Investment Management	0.01%	$7.34M	87,203	$84.13	+1,200	+1.40%	Add 1.40%
T MINN TRUST FOR PROFESSIONAL MANAG	Mairs & Power Growth Fund	0.07%	$7.32M	324,736	$22.55	+95,550	+41.69%	Add 41.69%
S SYK STRYKER CORPORATION	FPA Queens Road Small Cap Value Fund	0.24%	$7.32M	20,833	$351.46	+1,052	+5.32%	Add 5.32%
F FIVN FIVE9 INC	First Eagle Investment Management	0.01%	$7.28M	363,000	$20.05	+67,500	+22.84%	Add 22.84%
D DV DOUBLEVERIFY HLDGS INC	First Eagle Investment Management	0.01%	$7.26M	635,000	$11.44	+297,500	+88.15%	Add 88.15%
T TRNS TRANSCAT INC	First Eagle Investment Management	0.01%	$7.26M	127,957	$56.73	+127,957	—	Buy
F FDX FedEx Corp.	Lee Ainslie	0.08%	$7.23M	25,023	$288.85	+10,125	+67.96%	Add 67.96%
D DE Deere & Co.	FPA Queens Road Small Cap Value Fund	0.24%	$7.22M	15,512	$465.58	+1,921	+14.13%	Add 14.13%
M MTRN MATERION CORP	First Eagle Investment Management	0.01%	$7.21M	58,000	$124.31	+33,500	+136.73%	Add 136.73%
I SUB ISHARES TR	FPA Queens Road Small Cap Value Fund	0.23%	$7.18M	67,327	$106.69	+3,467	+5.43%	Add 5.43%
P PFE Pfizer	FPA Queens Road Small Cap Value Fund	0.23%	$7.13M	286,375	$24.90	+2,787	+0.98%	Add 0.98%
M MEC MAYVILLE ENGR CO INC	First Eagle Investment Management	0.01%	$6.70M	358,075	$18.72	+3,500	+0.99%	Add 0.99%
M HZO MARINEMAX INC	First Eagle Investment Management	0.01%	$6.70M	276,435	$24.23	+3,500	+1.28%	Add 1.28%
A AIN ALBANY INTL CORP	First Eagle Investment Management	0.01%	$6.68M	131,829	$50.69	+72,829	+123.44%	Add 123.44%
R RDNT RADNET INC	First Eagle Investment Management	0.01%	$6.64M	93,136	$71.35	+3,600	+4.02%	Add 4.02%
C CAKE CHEESECAKE FACTORY INC	First Eagle Investment Management	0.01%	$6.64M	131,591	$50.47	+36,800	+38.82%	Add 38.82%
T TEM TEMPUS AI INC	Duan Yongping	0.04%	$6.50M	110,000	$59.05	+110,000	—	Buy
A SPRY ARS PHARMACEUTICALS INC	Daniel Loeb	0.09%	$6.48M	556,237	$11.65	+556,237	—	Buy
F FLOC FLOWCO HLDGS INC	First Eagle Investment Management	0.01%	$6.45M	344,309	$18.74	+344,309	—	Buy
C KO Coca-Cola Co.	FPA Queens Road Small Cap Value Fund	0.21%	$6.40M	91,558	$69.90	+55,819	+156.19%	Add 156.19%
S SDHC SMITH DOUGLAS HOMES CORP	First Eagle Investment Management	0.01%	$6.35M	378,774	$16.77	+47,100	+14.20%	Add 14.20%
T TTAM TITAN AMER SA	First Eagle Investment Management	0.01%	$6.33M	384,072	$16.48	+28,462	+8.00%	Add 8.00%
C STZ CONSTELLATION BRANDS INC	David Katz	0.56%	$6.26M	45,412	$137.96	+6,534	+16.81%	Add 16.81%
C CPRT Copart	Torray Funds	0.90%	$6.26M	159,824	$39.15	+17,495	+12.29%	Add 12.29%
S NOW ServiceNow	Torray Funds	0.89%	$6.22M	40,629	$153.17	+32,345	+390.45%	Add 390.45%
C CTEV CLARITEV CORPORATION	Daniel Loeb	0.09%	$6.20M	145,000	$42.74	+145,000	—	Buy
E ETD ETHAN ALLEN INTERIORS INC	First Eagle Investment Management	0.01%	$6.18M	270,592	$22.84	+23,131	+9.35%	Add 9.35%
L LXFR LUXFER HLDGS PLC	First Eagle Investment Management	0.01%	$6.13M	453,056	$13.53	+15,000	+3.42%	Add 3.42%
F FLYW FLYWIRE CORPORATION	First Eagle Investment Management	0.01%	$6.09M	430,337	$14.16	+162,348	+60.58%	Add 60.58%
A AMBC Ambac Financial Group	Third Avenue Management	1.11%	$6.08M	782,093	$7.78	+178,702	+29.62%	Add 29.62%
T SKT TANGER FACTORY OUTLET CTRS I	First Eagle Investment Management	0.01%	$6.00M	179,769	$33.37	+6,800	+3.93%	Add 3.93%
I NSP INSPERITY INC	Thomas Gayner	0.05%	$5.92M	152,873	$38.72	+21,145	+16.05%	Add 16.05%
F FVR FRONTVIEW REIT INC	First Eagle Investment Management	0.01%	$5.89M	399,126	$14.76	+369,126	+1230.42%	Add 1230.42%
C CCK CROWN HLDGS INC	Jensen Investment Management	0.09%	$5.86M	56,903	$102.96	+7,675	+15.59%	Add 15.59%
M MRVI MARAVAI LIFESCIENCES HLDGS I	First Eagle Investment Management	0.01%	$5.85M	1,799,336	$3.25	+1,348,405	+299.03%	Add 299.03%
P PGR PROGRESSIVE CORP	Bruce Berkowitz	0.41%	$5.83M	25,600	$227.70	+25,600	—	Buy
U UNP Union Pacific	Thomas Russo	0.06%	$5.78M	24,984	$231.31	+141	+0.57%	Add 0.57%
N NKE Nike	FPA Queens Road Small Cap Value Fund	0.19%	$5.78M	90,707	$63.70	+11,982	+15.22%	Add 15.22%
G GPK GRAPHIC PACKAGING HLDG CO	FPA Queens Road Small Cap Value Fund	0.19%	$5.76M	382,475	$15.06	+84,872	+28.52%	Add 28.52%
P PATK PATRICK INDS INC	Mairs & Power Growth Fund	0.06%	$5.75M	53,033	$108.42	+29,648	+126.78%	Add 126.78%
N NTCT NETSCOUT SYS INC	First Eagle Investment Management	0.01%	$5.72M	211,502	$27.06	+2,300	+1.10%	Add 1.10%
F FLS FLOWSERVE CORP	First Eagle Investment Management	0.01%	$5.69M	82,054	$69.37	+82,054	—	Buy
I IWF ISHARES TR	David Rolfe	1.06%	$5.69M	12,019	$473.25	+12,019	—	Buy
I IWR ISHARES TR	David Katz	0.51%	$5.67M	58,927	$96.25	+910	+1.57%	Add 1.57%
S SMBK SMARTFINANCIAL INC	First Eagle Investment Management	0.01%	$5.63M	152,167	$36.99	+120,167	+375.52%	Add 375.52%
O ORCL ORACLE CORP	Mairs & Power Growth Fund	0.05%	$5.58M	28,618	$194.88	+11,006	+62.49%	Add 62.49%
V GDX VANECK ETF TRUST	David Einhorn	0.20%	$5.57M	64,960	$85.75	+64,960	+100.00%	Buy
R METCB RAMACO RES INC	First Eagle Investment Management	0.01%	$5.49M	467,126	$11.75	+161,292	+52.74%	Add 52.74%
U UNF UNIFIRST CORP	Third Avenue Management	1.00%	$5.48M	28,434	$192.87	+2,505	+9.66%	Add 9.66%
I ITIC INVESTORS TITLE CO NC	Third Avenue Management	0.99%	$5.46M	21,894	$249.61	+11	+0.05%	Add 0.05%
P PGNY PROGYNY INC	First Eagle Investment Management	0.01%	$5.46M	212,612	$25.68	+60,912	+40.15%	Add 40.15%
P PXED PHOENIX ED PARTNERS INC	First Eagle Investment Management	0.01%	$5.46M	180,149	$30.30	+180,149	—	Buy
E EQIX Equinix	FPA Queens Road Small Cap Value Fund	0.18%	$5.42M	7,077	$766.14	+112	+1.61%	Add 1.61%
P PANW PALO ALTO NETWORKS INC	FPA Queens Road Small Cap Value Fund	0.18%	$5.42M	29,425	$184.20	+3,737	+14.55%	Add 14.55%
W WAL WESTERN ALLIANCE BANCORP	Bill Miller	1.91%	$5.42M	64,455	$84.06	+1,000	+1.58%	Add 1.58%
A AMBQ AMBIQ MICRO INC	First Eagle Investment Management	0.01%	$5.41M	189,723	$28.50	+130,823	+222.11%	Add 222.11%
D DD DuPont de Nemours	Hillman Value Fund	3.37%	$5.36M	133,248	$40.20	+62,074	+87.21%	Add 87.21%
C CHRD CHORD ENERGY CORPORATION	Bill Miller	1.89%	$5.35M	57,766	$92.68	+5,000	+9.48%	Add 9.48%
V V Visa	Stephen Mandel	0.04%	$5.34M	15,217	$350.66	+15,217	—	Buy
K KRUS KURA SUSHI USA INC	Lee Ainslie	0.06%	$5.30M	101,295	$52.32	+101,295	—	Buy
A ADPT ADAPTIVE BIOTECHNOLOGIES COR	Polen Capital Management	0.02%	$5.29M	325,767	$16.24	+34,570	+11.87%	Add 11.87%
A ACN Accenture	David Katz	0.47%	$5.28M	19,679	$268.26	+10,334	+110.58%	Add 110.58%
D PLAY DAVE & BUSTERS ENTMT INC	Lee Ainslie	0.06%	$5.28M	325,487	$16.21	+174,238	+115.20%	Add 115.20%
X XRX Xerox Holdings Corp	First Eagle Investment Management	0.01%	$5.17M	2,182,500	$2.37	+1,030,000	+89.37%	Add 89.37%
E NVST ENVISTA HOLDINGS CORP	First Eagle Investment Management	0.01%	$5.10M	235,000	$21.71	+22,500	+10.59%	Add 10.59%
A AIR AAR CORP	First Eagle Investment Management	0.01%	$5.10M	61,619	$82.77	+11,300	+22.46%	Add 22.46%
B BXP Boston Properties, Inc.	FPA Queens Road Small Cap Value Fund	0.17%	$5.10M	75,553	$67.48	+1,962	+2.67%	Add 2.67%
C CENTA CENTRAL GARDEN & PET CO	First Eagle Investment Management	0.01%	$5.09M	174,438	$29.19	+174,438	—	Buy
E EXPE Expedia Group	Lee Ainslie	0.05%	$5.08M	17,947	$283.28	+17,947	—	Buy
A AMT American Tower	FPA Queens Road Small Cap Value Fund	0.17%	$5.08M	28,950	$175.54	+597	+2.11%	Add 2.11%
V VTV VANGUARD INDEX FDS	David Katz	0.45%	$5.02M	26,279	$190.99	+5,432	+26.06%	Add 26.06%
N NFLX NETFLIX INC	FPA Queens Road Small Cap Value Fund	0.16%	$5.01M	53,447	$93.76	+49,471	+1244.24%	Add 1244.24%
T TRUP TRUPANION INC	Lee Ainslie	0.05%	$5.00M	133,873	$37.36	+54,282	+68.20%	Add 68.20%
H HRB H&R BLOCK INC	Lee Ainslie	0.05%	$4.99M	114,426	$43.57	+114,426	—	Buy
L LMND LEMONADE INC	Lee Ainslie	0.05%	$4.97M	69,864	$71.17	+8,015	+12.96%	Add 12.96%
S SIRI SIRIUS XM HOLDINGS INC	Lee Ainslie	0.05%	$4.97M	248,591	$19.99	+98,338	+65.45%	Add 65.45%
E EFX EQUIFAX INC	Lee Ainslie	0.05%	$4.97M	22,896	$216.94	+22,896	—	Buy
W WCC WESCO INTL INC	Third Avenue Management	0.90%	$4.96M	20,295	$244.59	+202	+1.01%	Add 1.01%
E ERIE ERIE INDTY CO	Lee Ainslie	0.05%	$4.96M	17,317	$286.60	+17,317	—	Buy
I INTU Intuit	Lee Ainslie	0.05%	$4.96M	7,491	$662.39	+6,902	+1171.82%	Add 1171.82%
C CHTR Charter Communications, Inc.	Lee Ainslie	0.05%	$4.95M	23,732	$208.75	+23,732	—	Buy
O OMC OMNICOM GROUP INC	Bill Nygren	0.01%	$4.95M	61,340	$80.75	+61,340	—	Buy
A ALL Allstate Corp.	Lee Ainslie	0.05%	$4.95M	23,798	$208.13	+7,534	+46.32%	Add 46.32%
G GDDY GODADDY INC	Lee Ainslie	0.05%	$4.95M	39,923	$124.06	+26,082	+188.44%	Add 188.44%
R ROKU ROKU INC	Lee Ainslie	0.05%	$4.94M	45,571	$108.47	+14,454	+46.45%	Add 46.45%
O OLLI OLLIES BARGAIN OUTLET HLDGS	Lee Ainslie	0.05%	$4.94M	45,061	$109.61	+45,061	—	Buy
S SITE SITEONE LANDSCAPE SUPPLY INC	Lee Ainslie	0.05%	$4.94M	39,632	$124.55	+39,632	—	Buy
S SMA SMARTSTOP SELF STORAG REIT I	Lee Ainslie	0.05%	$4.94M	159,563	$30.93	+65,967	+70.48%	Add 70.48%
A ADBE Adobe Systems	Lee Ainslie	0.05%	$4.93M	14,103	$349.93	+14,103	—	Buy
I IMAX IMAX CORP	Lee Ainslie	0.05%	$4.93M	133,358	$36.95	+133,358	—	Buy
L LZ LEGALZOOM COM INC	Lee Ainslie	0.05%	$4.92M	496,034	$9.93	+496,034	—	Buy
F FERG FERGUSON PLC NEW	Lee Ainslie	0.05%	$4.92M	22,114	$222.62	+7,380	+50.09%	Add 50.09%
C YOU CLEAR SECURE INC	Lee Ainslie	0.05%	$4.92M	140,149	$35.08	+45,685	+48.36%	Add 48.36%
A AFRM AFFIRM HLDGS INC	Lee Ainslie	0.05%	$4.91M	66,024	$74.43	+17,914	+37.24%	Add 37.24%
T TSM Taiwan Semiconductor	Francois Rochon	0.16%	$4.84M	16,069	$300.95	+7,906	+96.85%	Add 96.85%
S SMWB SIMILARWEB LTD	First Eagle Investment Management	0.01%	$4.83M	645,647	$7.49	+100,646	+18.47%	Add 18.47%
Z ZM ZOOM VIDEO COMMUNICATIONS IN	Lee Ainslie	0.05%	$4.83M	56,027	$86.28	+14,126	+33.71%	Add 33.71%
C CRI CARTERS INC	Lee Ainslie	0.05%	$4.83M	148,790	$32.43	+24,535	+19.75%	Add 19.75%
S SD SandRidge Energy, Inc.	Third Avenue Management	0.87%	$4.77M	330,818	$14.43	+120	+0.04%	Add 0.04%
N NFLX NETFLIX INC	Lee Ainslie	0.05%	$4.76M	50,797	$93.75	+50,797	—	Buy
V VT Vanguard Total World Stock ETF	Polen Capital Management	0.02%	$4.74M	33,592	$141.05	+29,006	+632.49%	Add 632.49%
C CEG Constellation Energy Group	FPA Queens Road Small Cap Value Fund	0.15%	$4.74M	13,411	$353.22	+1,456	+12.18%	Add 12.18%
S STLA Stellantis NV (STLA)	Bill Miller	1.65%	$4.67M	429,000	$10.89	+39,000	+10.00%	Add 10.00%
R ROL ROLLINS INC	Lee Ainslie	0.05%	$4.65M	77,450	$60.01	+18,351	+31.05%	Add 31.05%
F FICO Fair Isaac & Co.	Yacktman Asset Management	0.06%	$4.64M	2,744	$1,690.60	+210	+8.29%	Add 8.29%
P PUMP PROPETRO HLDG CORP	First Eagle Investment Management	0.01%	$4.63M	487,333	$9.51	+34,000	+7.50%	Add 7.50%
A ATRC ATRICURE INC	First Eagle Investment Management	0.01%	$4.61M	116,609	$39.56	+116,609	—	Buy
N NTGR NETGEAR INC	First Eagle Investment Management	0.01%	$4.58M	186,777	$24.53	+36,384	+24.19%	Add 24.19%
S SPY SPDR S&P 500 ETF TR	Polen Capital Management	0.02%	$4.58M	6,717	$681.85	+4,210	+167.93%	Add 167.93%
L LTH LIFE TIME GROUP HOLDINGS INC	Mairs & Power Growth Fund	0.04%	$4.58M	172,317	$26.58	+12,701	+7.96%	Add 7.96%
E XOM Exxon Mobil Corp.	Thomas Gayner	0.04%	$4.57M	38,000	$120.32	+35,000	+1166.67%	Add 1166.67%
R ROOT ROOT INC	Lee Ainslie	0.05%	$4.57M	63,234	$72.22	+63,234	—	Buy
S SPY SPDR S&P 500 ETF TR	Hillman Value Fund	2.87%	$4.55M	6,676	$681.85	+6,676	—	Buy
I ICFI ICF International	Third Avenue Management	0.82%	$4.51M	52,864	$85.29	+5,840	+12.42%	Add 12.42%
C CTOS CUSTOM TRUCK ONE SOURCE INC	First Eagle Investment Management	0.01%	$4.48M	777,936	$5.76	+3,500	+0.45%	Add 0.45%
K KWEB KRANESHARES CSI CHINA INTERNET ETF	David Einhorn	0.16%	$4.48M	131,510	$34.04	+131,510	+100.00%	Buy
I INSG INSEEGO CORP	First Eagle Investment Management	0.01%	$4.48M	435,849	$10.27	+294,999	+209.44%	Add 209.44%
C CWH CAMPING WORLD HLDGS INC	Lee Ainslie	0.05%	$4.46M	458,424	$9.73	+458,424	—	Buy
A ASO ACADEMY SPORTS & OUTDOORS IN	Lee Ainslie	0.05%	$4.45M	89,106	$49.95	+72,951	+451.57%	Add 451.57%
M MUSA MURPHY USA INC	Lee Ainslie	0.05%	$4.45M	11,023	$403.52	+11,023	—	Buy
R RVLV REVOLVE GROUP INC	Lee Ainslie	0.05%	$4.44M	147,012	$30.19	+147,012	—	Buy
I IVV ISHARES TR	Mairs & Power Growth Fund	0.04%	$4.44M	6,481	$684.77	+6,006	+1264.42%	Add 1264.42%
T TDUP THREDUP INC	Lee Ainslie	0.05%	$4.42M	691,689	$6.39	+268,695	+63.52%	Add 63.52%
L LH LABORATORY CORP AMER HLDGS	Lee Ainslie	0.05%	$4.41M	17,564	$250.85	+7,415	+73.06%	Add 73.06%
C CNI CANADIAN NATIONAL RAILWAY CO	Thomas Gayner	0.04%	$4.40M	44,500	$98.83	+19,500	+78.00%	Add 78.00%
S NOW ServiceNow	FPA Queens Road Small Cap Value Fund	0.14%	$4.39M	28,686	$153.18	+23,886	+497.62%	Add 497.62%
Q QXO QXO, Inc.	First Eagle Investment Management	0.01%	$4.39M	227,684	$19.29	+28,184	+14.13%	Add 14.13%
S SONO SONOS INC	First Eagle Investment Management	0.01%	$4.33M	246,406	$17.56	+246,406	—	Buy
C CAL CALERES INC	Lee Ainslie	0.05%	$4.30M	353,129	$12.17	+127,386	+56.43%	Add 56.43%
C KMX CarMax, Inc.	Hillman Value Fund	2.70%	$4.29M	111,088	$38.64	+19,599	+21.42%	Add 21.42%
S STRW STRAWBERRY FIELDS REIT INC	First Eagle Investment Management	0.01%	$4.26M	325,589	$13.10	+25,205	+8.39%	Add 8.39%
C CF CF Industries Holding, Inc.	Bruce Berkowitz	0.30%	$4.23M	54,700	$77.33	+54,700	—	Buy
T TFC Truist Financial Corp.	FPA Queens Road Small Cap Value Fund	0.14%	$4.19M	85,123	$49.20	+6,516	+8.29%	Add 8.29%
C CECO CECO ENVIRONMENTAL CORP	Polen Capital Management	0.02%	$4.18M	69,775	$59.85	+9,552	+15.86%	Add 15.86%
S SOFI SOFI TECHNOLOGIES INC	Polen Capital Management	0.02%	$4.17M	159,250	$26.17	+16,032	+11.19%	Add 11.19%
Q DGX QUEST DIAGNOSTICS INC	Lee Ainslie	0.04%	$4.15M	23,895	$173.51	+5,717	+31.45%	Add 31.45%
I SGOV ISHARES TR	Steven Romick	0.05%	$4.10M	40,837	$100.37	+4,265	+11.66%	Add 11.66%
R RBC RBC Bearings	Torray Funds	0.59%	$4.10M	9,139	$448.41	+478	+5.52%	Add 5.52%
A AVBH AVIDBANK HLDGS INC	First Eagle Investment Management	0.01%	$4.08M	153,500	$26.55	+68,500	+80.59%	Add 80.59%
W WY WEYERHAEUSER CO MTN BE	Third Avenue Management	0.74%	$4.06M	171,582	$23.69	+9,662	+5.97%	Add 5.97%
A ALG Alamo Group, Inc.	Third Avenue Management	0.73%	$4.03M	24,009	$167.85	+9,140	+61.47%	Add 61.47%
N NKE Nike	Mairs & Power Growth Fund	0.04%	$4.03M	63,185	$63.70	+12,423	+24.47%	Add 24.47%
F FVRR FIVERR INTL LTD	Lee Ainslie	0.04%	$3.99M	202,094	$19.76	+202,094	—	Buy
A AJG Arthur J. Gallagher	Charles Bobrinskoy	0.04%	$3.97M	15,357	$258.77	+1,712	+12.55%	Add 12.55%
B BXC BLUELINX HLDGS INC	Third Avenue Management	0.72%	$3.95M	64,339	$61.42	+17,982	+38.79%	Add 38.79%
C CPRT Copart	Yacktman Asset Management	0.05%	$3.92M	100,170	$39.14	+24,975	+33.21%	Add 33.21%
A CRMT America's CAR MART Inc	Yacktman Asset Management	0.05%	$3.92M	155,000	$25.26	+22,000	+16.54%	Add 16.54%
A AEBI AEBI SCHMIDT	First Eagle Investment Management	0.01%	$3.88M	306,389	$12.65	+11,900	+4.04%	Add 4.04%
A ALGT ALLEGIANT TRAVEL CO	First Eagle Investment Management	0.01%	$3.87M	45,343	$85.26	+45,343	—	Buy
M MPWR Monolithic Power Systems	Torray Funds	0.55%	$3.85M	4,249	$906.33	+292	+7.38%	Add 7.38%
V VMD VIEMED HEALTHCARE INC	First Eagle Investment Management	0.01%	$3.85M	518,157	$7.43	+40,313	+8.44%	Add 8.44%
M MSTR MICROSTRATEGY INC	Bill Miller	1.35%	$3.84M	25,250	$151.92	+10,000	+65.57%	Add 65.57%
B BELFB BEL FUSE INC	Polen Capital Management	0.02%	$3.82M	22,522	$169.61	+2,983	+15.27%	Add 15.27%
C COLB COLUMBIA BANKING SYSTEM INC.	First Eagle Investment Management	0.01%	$3.81M	136,500	$27.95	+96,500	+241.25%	Add 241.25%
M MCD McDonalds	Lee Ainslie	0.04%	$3.81M	12,453	$305.63	+12,453	—	Buy
V VTV VANGUARD INDEX FDS	Bill Nygren	0.00%	$3.79M	19,859	$190.95	+19,111	+2554.95%	Add 2554.95%
V VLTO Veralto Corp.	Wallace Weitz	0.22%	$3.79M	38,000	$99.76	+500	+1.33%	Add 1.33%
B BOOT BOOT BARN HLDGS INC	Lee Ainslie	0.04%	$3.78M	21,432	$176.47	+14,277	+199.54%	Add 199.54%
A AON Aon PLC	Jensen Investment Management	0.06%	$3.74M	10,603	$352.82	+503	+4.98%	Add 4.98%
C CP CANADIAN PAC RY LTD	Thomas Gayner	0.03%	$3.72M	50,500	$73.62	+19,500	+62.90%	Add 62.90%
S MDY SPDR S&P MIDCAP 400 ETF TR	David Katz	0.33%	$3.69M	6,116	$603.34	+139	+2.33%	Add 2.33%
C CTAS Cintas Corp	Mairs & Power Growth Fund	0.04%	$3.69M	19,617	$188.05	+1,379	+7.56%	Add 7.56%
F FSBC FIVE STAR BANCORP	FPA Queens Road Small Cap Value Fund	0.12%	$3.69M	103,001	$35.78	+1,188	+1.17%	Add 1.17%
V VMBS VANGUARD SCOTTSDALE FDS	FPA Queens Road Small Cap Value Fund	0.12%	$3.68M	78,135	$47.07	+2,685	+3.56%	Add 3.56%
D DAVE DAVE INC	Lee Ainslie	0.04%	$3.63M	16,376	$221.36	+9,450	+136.44%	Add 136.44%
C BBCP CONCRETE PUMPING HLDGS INC	First Eagle Investment Management	0.01%	$3.62M	539,689	$6.71	+54,784	+11.30%	Add 11.30%
T TMCI TREACE MED CONCEPTS INC	First Eagle Investment Management	0.01%	$3.58M	1,462,983	$2.45	+224,088	+18.09%	Add 18.09%
M MMC Marsh & McLennan	Yacktman Asset Management	0.05%	$3.58M	19,280	$185.48	+1,935	+11.16%	Add 11.16%
S SPGI S&P Global, Inc.	Lindsell Train	0.09%	$3.55M	6,800	$522.50	+300	+4.62%	Add 4.62%
B BC BRUNSWICK CORP	Thomas Gayner	0.03%	$3.54M	47,750	$74.22	+14,250	+42.54%	Add 42.54%
R RRBI RED RIVER BANCSHARES INC	First Eagle Investment Management	0.01%	$3.53M	49,396	$71.42	+49,396	—	Buy
H HELX HELIX ENERGY SOLUTIONS GRP I	First Eagle Investment Management	0.01%	$3.51M	559,858	$6.27	+30,500	+5.76%	Add 5.76%
L EL LAUDER ESTEE COS INC	Lee Ainslie	0.04%	$3.50M	33,440	$104.69	+10,539	+46.02%	Add 46.02%
O OCFC OceanFirst Financial Trust	Third Avenue Management	0.63%	$3.46M	192,807	$17.95	+30,476	+18.77%	Add 18.77%
V VRSK Verisk Analytics	Yacktman Asset Management	0.05%	$3.46M	15,460	$223.67	+2,300	+17.48%	Add 17.48%
I TIP ISHARES TR	FPA Queens Road Small Cap Value Fund	0.11%	$3.46M	31,459	$109.89	+938	+3.07%	Add 3.07%
S SPY SPDR S&P 500 ETF TR	Bill Nygren	0.00%	$3.43M	5,037	$681.76	+3,036	+151.72%	Add 151.72%
L LEGH Legacy Housing Corporation	Yacktman Asset Management	0.05%	$3.43M	175,675	$19.52	+115,675	+192.79%	Add 192.79%
H HSY Hershey Co.	FPA Queens Road Small Cap Value Fund	0.11%	$3.41M	18,717	$181.97	+458	+2.51%	Add 2.51%
I ICE INTERCONTINENTAL EXCHANGE IN	Thomas Gayner	0.03%	$3.38M	20,870	$161.95	+15,250	+271.35%	Add 271.35%
Q QTRX QUANTERIX CORP	First Eagle Investment Management	0.01%	$3.38M	531,427	$6.36	+531,427	—	Buy
O ONEW ONEWATER MARINE INC	First Eagle Investment Management	0.01%	$3.34M	308,487	$10.82	+31,194	+11.25%	Add 11.25%
C CUBE CubeSmart	Christopher Davis	0.01%	$3.28M	90,930	$36.05	+90,930	—	Buy
9 MASS 908 DEVICES INC	First Eagle Investment Management	0.01%	$3.27M	623,883	$5.25	+19,921	+3.30%	Add 3.30%
B BAC BK OF AMERICA CORP	FPA Queens Road Small Cap Value Fund	0.11%	$3.26M	59,289	$54.98	+779	+1.33%	Add 1.33%
V VWO VANGUARD INTL EQUITY INDEX F	Sarah Ketterer	0.04%	$3.25M	60,561	$53.75	+60,561	—	Buy
K KMPR KEMPER CORP	First Eagle Investment Management	0.01%	$3.25M	80,203	$40.53	+80,203	—	Buy
V VGIT VANGUARD SCOTTSDALE FDS	FPA Queens Road Small Cap Value Fund	0.10%	$3.21M	53,570	$59.92	+1,383	+2.65%	Add 2.65%
T TREX TREX CO INC	Mairs & Power Growth Fund	0.03%	$3.18M	90,652	$35.08	+27,314	+43.12%	Add 43.12%
W GWW W.W. Grainger, Inc.	Jensen Investment Management	0.05%	$3.17M	3,140	$1,008.92	+840	+36.52%	Add 36.52%
B BSY BENTLEY SYS INC	Mairs & Power Growth Fund	0.03%	$3.17M	82,986	$38.16	+82,986	—	Buy
M MAC MACERICH CO	First Eagle Investment Management	0.01%	$3.15M	170,610	$18.46	+1,900	+1.13%	Add 1.13%
R RYAN Ryan Specialty Holdings	Torray Funds	0.45%	$3.12M	60,384	$51.62	+14,156	+30.62%	Add 30.62%
F FN Fabrinet	Torray Funds	0.44%	$3.11M	6,823	$455.22	+83	+1.23%	Add 1.23%
S SEB SEABOARD CORP DEL	Lee Ainslie	0.03%	$3.08M	693	$4,444.44	+693	—	Buy
L LIN Linde PLC	Wallace Weitz	0.18%	$3.07M	7,200	$426.39	+300	+4.35%	Add 4.35%
A ARLP ALLIANCE RESOURCE PARTNERS LP	Bill Miller	1.08%	$3.07M	132,000	$23.23	+5,000	+3.94%	Add 3.94%
F FSTR FOSTER L B CO	FPA Queens Road Small Cap Value Fund	0.10%	$3.06M	113,765	$26.94	+416	+0.37%	Add 0.37%
N NFLX NETFLIX INC	Bill Nygren	0.00%	$3.05M	32,540	$93.73	+29,304	+905.56%	Add 905.56%
S SPB SPECTRUM BRANDS HLDGS INC NE	Lee Ainslie	0.03%	$3.05M	51,588	$59.06	+51,588	—	Buy
M MKC McCormick Inc	Lee Ainslie	0.03%	$3.03M	44,533	$68.11	+44,533	—	Buy
C CYRX CRYOPORT INC	First Eagle Investment Management	0.01%	$3.00M	312,061	$9.60	+312,061	—	Buy
C COST Costco	Christopher Bloomstran	0.34%	$2.97M	3,447	$862.20	+12	+0.35%	Add 0.35%
K KRYS Krystal Biotech	Torray Funds	0.42%	$2.95M	11,985	$246.47	+84	+0.71%	Add 0.71%
B BBIO BRIDGEBIO PHARMA INC	Polen Capital Management	0.01%	$2.92M	38,241	$76.49	+2,077	+5.74%	Add 5.74%
F FSV FIRSTSERVICE CORP NEW	Third Avenue Management	0.53%	$2.91M	18,714	$155.50	+18,714	—	Buy
R RHI Robert Half International, Inc.	Greenhaven Associates	0.05%	$2.84M	104,700	$27.15	+104,700	—	Buy
M META Meta Platforms, Inc.	Bill Nygren	0.00%	$2.83M	4,285	$659.98	+474	+12.44%	Add 12.44%
M MELI MercadoLibre, Inc.	Dodge & Cox	0.00%	$2.80M	1,392	$2,013.65	+1,000	+255.10%	Add 255.10%
T TMHC Taylor Morrison Home Corp (TMHC)	Greenhaven Associates	0.05%	$2.80M	47,500	$58.86	+47,500	—	Buy
S XLK SELECT SECTOR SPDR TR	FPA Queens Road Small Cap Value Fund	0.09%	$2.79M	19,412	$143.93	+9,843	+102.86%	Add 102.86%
A AKAM AKAMAI TECHNOLOGIES INC	Hillman Value Fund	1.76%	$2.79M	31,999	$87.22	+27,766	+655.94%	Add 655.94%
V VT Vanguard Total World Stock ETF	Steven Romick	0.04%	$2.78M	19,743	$141.01	+1,778	+9.90%	Add 9.90%
N NTRA Natera	Torray Funds	0.40%	$2.77M	12,100	$229.01	+200	+1.68%	Add 1.68%
T REAL THE REALREAL INC	Polen Capital Management	0.01%	$2.76M	175,088	$15.77	+103,000	+142.88%	Add 142.88%
I EFA ISHARES TR	Hillman Value Fund	1.73%	$2.74M	28,562	$96.00	+2,738	+10.60%	Add 10.60%
J JKHY Jack Henry & Associates	Torray Funds	0.39%	$2.73M	14,991	$182.44	+2,301	+18.13%	Add 18.13%
F FLG FLAGSTAR FINL INC	Third Avenue Management	0.50%	$2.73M	217,305	$12.59	+217,305	—	Buy
I IJJ ISHARES TR	FPA Queens Road Small Cap Value Fund	0.09%	$2.62M	19,885	$131.56	+70	+0.35%	Add 0.35%
H HURN Huron Consulting Group	Polen Capital Management	0.01%	$2.61M	15,086	$172.88	+4,788	+46.49%	Add 46.49%
L LIN Linde PLC	FPA Queens Road Small Cap Value Fund	0.08%	$2.60M	6,093	$426.23	+5,617	+1180.04%	Add 1180.04%
S HYMB SPDR SER TR	FPA Queens Road Small Cap Value Fund	0.08%	$2.59M	103,822	$24.94	+1,702	+1.67%	Add 1.67%
D DT Dynatrace	Torray Funds	0.37%	$2.58M	59,471	$43.33	+2,835	+5.01%	Add 5.01%
F FISV Fiserv	Hillman Value Fund	1.62%	$2.58M	38,376	$67.15	+15,476	+67.58%	Add 67.58%
H HALO Halozyme Therapeutics	Torray Funds	0.37%	$2.57M	38,135	$67.29	+14	+0.04%	Add 0.04%
C LAW CS DISCO INC	First Eagle Investment Management	0.00%	$2.55M	328,719	$7.76	+164,873	+100.63%	Add 100.63%
A AAL AMERICAN AIRLS GROUP INC	Lee Ainslie	0.03%	$2.53M	164,825	$15.33	+164,825	—	Buy
S SN SharkNinja Inc	Lee Ainslie	0.03%	$2.51M	22,474	$111.86	+22,474	—	Buy
T TPR TAPESTRY INC COM	Lee Ainslie	0.03%	$2.50M	19,582	$127.72	+19,582	—	Buy
C CAG Conagra Brands, Inc.	Lee Ainslie	0.03%	$2.50M	144,402	$17.31	+144,402	—	Buy
D DECK DECKERS OUTDOOR CORP	Lee Ainslie	0.03%	$2.50M	24,097	$103.66	+24,097	—	Buy
E ETSY ETSY INC	Lee Ainslie	0.03%	$2.50M	45,034	$55.42	+45,034	—	Buy
C COST Costco	Lee Ainslie	0.03%	$2.50M	2,894	$862.13	+2,894	—	Buy
C CAVA CAVA GROUP INC	Lee Ainslie	0.03%	$2.47M	42,161	$58.68	+6,721	+18.96%	Add 18.96%
M MRP Millrose Properties (MRP)	Bill Miller	0.87%	$2.47M	82,800	$29.87	+82,800	—	Buy
C CMCO COLUMBUS MCKINNON CORP N Y	First Eagle Investment Management	0.00%	$2.46M	142,918	$17.25	+142,918	—	Buy
P PROF PROFOUND MED CORP	First Eagle Investment Management	0.00%	$2.46M	312,707	$7.87	+21,316	+7.32%	Add 7.32%
V VLO VALERO ENERGY CORP	Lee Ainslie	0.03%	$2.46M	15,081	$162.79	+15,081	—	Buy
A ANF ABERCROMBIE & FITCH CO	Lee Ainslie	0.03%	$2.45M	19,463	$125.83	+19,463	—	Buy
C COP ConocoPhillips	Tweedy Browne Co.	0.20%	$2.44M	26,016	$93.60	+1,295	+5.24%	Add 5.24%
E XOM Exxon Mobil Corp.	Kahn Brothers Group	0.43%	$2.43M	20,217	$120.29	+2,274	+12.67%	Add 12.67%
B BHC BAUSCH HEALTH COS INC	Daniel Loeb	0.03%	$2.43M	350,000	$6.95	+250,000	+250.00%	Add 250.00%
E ELAN Elanco Animal Health, Inc.	Lee Ainslie	0.03%	$2.41M	106,593	$22.63	+75,278	+240.39%	Add 240.39%
B BJ BJS WHSL CLUB HLDGS INC	Lee Ainslie	0.03%	$2.41M	26,740	$90.01	+26,740	—	Buy
E EFX EQUIFAX INC	Hillman Value Fund	1.51%	$2.40M	11,079	$216.90	+154	+1.41%	Add 1.41%
N NKE Nike	Lee Ainslie	0.03%	$2.40M	37,610	$63.71	+37,610	—	Buy
V BSV VANGUARD BD INDEX FDS	FPA Queens Road Small Cap Value Fund	0.08%	$2.40M	30,403	$78.81	+1,064	+3.63%	Add 3.63%
G GPRO GOPRO INC	David Einhorn	0.08%	$2.39M	1,693,860	$1.41	+1,693,860	+100.00%	Buy
E EFX EQUIFAX INC	Lindsell Train	0.06%	$2.39M	11,000	$216.91	+500	+4.76%	Add 4.76%
B BBY BEST BUY INC	Lee Ainslie	0.03%	$2.37M	35,479	$66.91	+649	+1.86%	Add 1.86%
U UAL UNITED AIRLS HLDGS INC	Lee Ainslie	0.03%	$2.34M	20,942	$111.78	+20,942	—	Buy
C CMG CHIPOTLE MEXICAN GRILL INC	FPA Queens Road Small Cap Value Fund	0.08%	$2.34M	63,227	$36.99	+63,227	—	Buy
S XLC SELECT SECTOR SPDR TR	FPA Queens Road Small Cap Value Fund	0.08%	$2.32M	19,730	$117.69	+436	+2.26%	Add 2.26%
N LASR NLIGHT INC	Polen Capital Management	0.01%	$2.31M	61,624	$37.50	+9,806	+18.92%	Add 18.92%
A BUD Anheuser-Busch InBev SA/NV	Lee Ainslie	0.02%	$2.30M	35,898	$64.01	+9,098	+33.95%	Add 33.95%
V VWO VANGUARD INTL EQUITY INDEX F	David Katz	0.21%	$2.29M	42,633	$53.74	+1,691	+4.13%	Add 4.13%
M SPHR Madison Square Garden Entertainment Corp	Polen Capital Management	0.01%	$2.27M	23,828	$95.06	+23,828	—	Buy
A ALK ALASKA AIR GROUP INC	Lee Ainslie	0.02%	$2.26M	44,862	$50.29	+44,862	—	Buy
H HURN Huron Consulting Group	Torray Funds	0.32%	$2.25M	13,016	$172.86	+7,616	+141.04%	Add 141.04%
T TGT Target Corp.	Bruce Berkowitz	0.16%	$2.25M	23,000	$97.74	+23,000	—	Buy
I IVV ISHARES TR	David Katz	0.20%	$2.25M	3,278	$684.87	+1	+0.03%	Add 0.03%
V VOO Vanguard S&P 500 ETF	FPA Queens Road Small Cap Value Fund	0.07%	$2.24M	3,573	$626.92	+41	+1.16%	Add 1.16%
A APD Air Products & Chemicals, Inc.	Jensen Investment Management	0.04%	$2.23M	9,035	$246.93	+3	+0.03%	Add 0.03%
R RH RH	Lee Ainslie	0.02%	$2.23M	12,436	$179.08	+12,436	—	Buy
C CP CANADIAN PAC RY LTD	Lindsell Train	0.06%	$2.21M	30,000	$73.60	+1,500	+5.26%	Add 5.26%
C CABO Cable One Inc	Lee Ainslie	0.02%	$2.21M	19,552	$112.83	+1,371	+7.54%	Add 7.54%
S SHW Sherwin-Williams	FPA Queens Road Small Cap Value Fund	0.07%	$2.20M	6,796	$324.01	+6,796	—	Buy
P PL PLANET LABS PBC	Polen Capital Management	0.01%	$2.20M	111,538	$19.72	+111,538	—	Buy
B BKD BROOKDALE SR LIVING INC	Polen Capital Management	0.01%	$2.16M	200,588	$10.79	+33,733	+20.22%	Add 20.22%
S SNEX STONEX GROUP, INC.	Tweedy Browne Co.	0.17%	$2.16M	22,676	$95.12	+3,240	+16.67%	Add 16.67%
M MAR MARRIOTT INTL INC NEW	Lee Ainslie	0.02%	$2.16M	6,955	$310.14	+6,955	—	Buy
K KHC Kraft Heinz	Lee Ainslie	0.02%	$2.13M	87,829	$24.24	+21,929	+33.28%	Add 33.28%
F FCN FTI Consulting	Torray Funds	0.30%	$2.13M	12,451	$170.83	+3,090	+33.01%	Add 33.01%
R PACK RANPAK HOLDINGS CORP	First Eagle Investment Management	0.00%	$2.11M	390,010	$5.41	+207,224	+113.37%	Add 113.37%
W WDFC WD 40 CO	Lee Ainslie	0.02%	$2.10M	10,686	$196.89	+10,686	—	Buy
E EBAY eBay, Inc.	Lee Ainslie	0.02%	$2.10M	24,057	$87.08	+24,057	—	Buy
H HCI HCI GROUP INC	Tweedy Browne Co.	0.17%	$2.09M	10,906	$191.64	+1,512	+16.10%	Add 16.10%
G GM General Motors	Tweedy Browne Co.	0.17%	$2.09M	25,695	$81.30	+3,672	+16.67%	Add 16.67%
S SNDX Syndax Pharmaceuticals	Torray Funds	0.29%	$2.05M	97,802	$21.00	+97,802	—	Buy
W GLDM WORLD GOLD TR	Christopher Bloomstran	0.24%	$2.05M	23,979	$85.37	+4,115	+20.72%	Add 20.72%
C COO Cooper Companies	Torray Funds	0.29%	$2.03M	24,822	$81.94	+8,506	+52.13%	Add 52.13%
F FUBO FUBOTV INC	First Eagle Investment Management	0.00%	$2.02M	803,533	$2.52	+803,533	—	Buy
A ATEC ALPHATEC HLDGS INC	Polen Capital Management	0.01%	$2.01M	95,761	$21.03	+44,061	+85.22%	Add 85.22%
V VIG VANGUARD SPECIALIZED FUNDS	FPA Queens Road Small Cap Value Fund	0.07%	$2.01M	9,163	$219.69	+5,349	+140.25%	Add 140.25%
G GH GUARDANT HEALTH INC	Polen Capital Management	0.01%	$2.01M	19,667	$102.10	+2,396	+13.87%	Add 13.87%
L LOW LOWES COS INC	Lee Ainslie	0.02%	$2.00M	8,316	$241.10	+4,603	+123.97%	Add 123.97%
I URTH ISHARES INC	Sarah Ketterer	0.03%	$1.97M	10,631	$185.68	+4,480	+72.83%	Add 72.83%
C CNI CANADIAN NATIONAL RAILWAY CO	Prem Watsa	0.09%	$1.96M	19,800	$98.99	+19,800	—	Buy
I ING ING GROEP NV SPON ADR	Richard Pzena	0.01%	$1.93M	68,962	$27.99	+11,174	+19.34%	Add 19.34%
S SHM SPDR SER TR	FPA Queens Road Small Cap Value Fund	0.06%	$1.93M	40,131	$47.97	+5,200	+14.89%	Add 14.89%
E ENTG Entegris	Torray Funds	0.27%	$1.92M	22,784	$84.23	+637	+2.88%	Add 2.88%
I USHY ISHARES TR	FPA Queens Road Small Cap Value Fund	0.06%	$1.92M	51,334	$37.38	+39,634	+338.75%	Add 338.75%
J JPM JPMorgan Chase	Bill Nygren	0.00%	$1.91M	5,935	$322.16	+230	+4.03%	Add 4.03%
H HSY Hershey Co.	Lee Ainslie	0.02%	$1.91M	10,500	$181.90	+10,500	—	Buy
W WMT Walmart, Inc.	Lee Ainslie	0.02%	$1.91M	17,151	$111.36	+17,151	—	Buy
V VTI Vanguard Total Stock Fund	Polen Capital Management	0.01%	$1.90M	5,677	$335.21	+5,677	—	Buy
J JHX JAMES HARDIE INDS PLC	Mairs & Power Growth Fund	0.02%	$1.88M	90,673	$20.74	+90,673	—	Buy
Q QLYS Qualys	Torray Funds	0.27%	$1.87M	14,072	$132.89	+2,595	+22.61%	Add 22.61%
M MIR MIRION TECHNOLOGIES INC	Polen Capital Management	0.01%	$1.86M	79,419	$23.41	+3,300	+4.34%	Add 4.34%
A ADBE Adobe Systems	Lindsell Train	0.05%	$1.85M	5,300	$349.81	+800	+17.78%	Add 17.78%
A ATI ATI INC	FPA Queens Road Small Cap Value Fund	0.06%	$1.83M	15,985	$114.73	+611	+3.97%	Add 3.97%
G GANX GAIN THERAPEUTICS INC	David Einhorn	0.06%	$1.82M	566,130	$3.22	+566,130	+100.00%	Buy
H HSBC HSBC HLDGS PLC	Richard Pzena	0.01%	$1.80M	22,906	$78.63	+3,558	+18.39%	Add 18.39%
S LUV Southwest Airlines Co.	Lee Ainslie	0.02%	$1.80M	43,518	$41.32	+43,518	—	Buy
B BFLY BUTTERFLY NETWORK INC	Polen Capital Management	0.01%	$1.80M	472,971	$3.80	+472,971	—	Buy
M MSFT Microsoft	Thomas Russo	0.02%	$1.79M	3,705	$483.40	+200	+5.71%	Add 5.71%
P PTGX PROTAGONIST THERAPEUTICS INC	Polen Capital Management	0.01%	$1.78M	20,349	$87.33	+24	+0.12%	Add 0.12%
A ASPN ASPEN AEROGELS INC	First Eagle Investment Management	0.00%	$1.76M	622,487	$2.83	+105,164	+20.33%	Add 20.33%
R RDVT RED VIOLET INC	Polen Capital Management	0.01%	$1.73M	30,328	$56.94	+95	+0.31%	Add 0.31%
P PG Procter & Gamble Co.	Thomas Russo	0.02%	$1.71M	11,951	$143.25	+1,031	+9.44%	Add 9.44%
I IRS IRSA INVERSIONES Y REP S A	Polen Capital Management	0.01%	$1.70M	102,911	$16.54	+7,605	+7.98%	Add 7.98%
V BNDX VANGUARD CHARLOTTE FDS	FPA Queens Road Small Cap Value Fund	0.06%	$1.70M	35,098	$48.29	+1,987	+6.00%	Add 6.00%
C CCCS CCC Intel Solutions	Torray Funds	0.24%	$1.68M	210,857	$7.95	+43,007	+25.62%	Add 25.62%
V VSTM Verastem	Torray Funds	0.24%	$1.67M	216,387	$7.72	+216,387	—	Buy
Y YUM YUM BRANDS INC	Lee Ainslie	0.02%	$1.67M	11,017	$151.22	+11,017	—	Buy
K KT KT CORP - ADR	Tweedy Browne Co.	0.13%	$1.66M	87,409	$18.97	+16,818	+23.82%	Add 23.82%
C BAP Credicorp, Ltd.	Charles Bobrinskoy	0.02%	$1.65M	5,737	$286.91	+495	+9.44%	Add 9.44%
R REZI RESIDEO TECHNOLOGIES	Tweedy Browne Co.	0.13%	$1.64M	46,685	$35.11	+6,696	+16.74%	Add 16.74%
S XLI SELECT SECTOR SPDR TR	Mairs & Power Growth Fund	0.02%	$1.63M	10,535	$155.10	+10,535	—	Buy
S XLP SELECT SECTOR SPDR TR	Mairs & Power Growth Fund	0.01%	$1.56M	20,045	$77.68	+20,045	—	Buy
I EZA ISHARES MSCI SOUTH AFRICA ETF	Sarah Ketterer	0.02%	$1.55M	22,500	$68.80	+22,500	—	Buy
I ACWI ISHARES TR	Sarah Ketterer	0.02%	$1.55M	10,935	$141.47	+1,508	+16.00%	Add 16.00%
L MZTI LANCASTER COLONY CORP	Lee Ainslie	0.02%	$1.54M	9,383	$164.34	+9,383	—	Buy
N NFLX NETFLIX INC	Steven Romick	0.02%	$1.54M	16,400	$93.72	+14,760	+900.00%	Add 900.00%
V VHT VANGUARD WORLD FDS	FPA Queens Road Small Cap Value Fund	0.05%	$1.53M	5,314	$287.73	+14	+0.26%	Add 0.26%
N NVS Novartis AG	Lee Ainslie	0.02%	$1.53M	11,073	$137.81	+2,851	+34.68%	Add 34.68%
P PTON PELOTON INTERACTIVE INC	David Einhorn	0.05%	$1.52M	246,460	$6.16	+246,460	+100.00%	Buy
V VO VANGUARD INDEX FDS	David Katz	0.13%	$1.47M	5,062	$290.20	+1,122	+28.48%	Add 28.48%
I IFS Intercorp Financial Services, Inc.	Charles Bobrinskoy	0.02%	$1.47M	34,668	$42.34	+2,490	+7.74%	Add 7.74%
B BFH BREAD FINANCIAL HOLDINGS, INC.	Tweedy Browne Co.	0.12%	$1.46M	19,659	$74.01	+2,808	+16.66%	Add 16.66%
I EFA ISHARES TR	David Katz	0.13%	$1.43M	14,854	$96.00	+29	+0.20%	Add 0.20%
Z ZION ZIONS BANCORPORATION N.A.	Tweedy Browne Co.	0.11%	$1.41M	24,103	$58.50	+3,456	+16.74%	Add 16.74%
A BABA ALIBABA GROUP HLDG LTD	Bill Nygren	0.00%	$1.41M	9,589	$146.52	+7,434	+344.97%	Add 344.97%
E EVR EVERCORE INC	First Eagle Investment Management	0.00%	$1.39M	4,101	$339.92	+11	+0.27%	Add 0.27%
S XLF SELECT SECTOR SPDR TR	Mairs & Power Growth Fund	0.01%	$1.39M	25,310	$54.76	+25,310	—	Buy
C YOU CLEAR SECURE INC	Polen Capital Management	0.01%	$1.38M	39,325	$35.07	+10,454	+36.21%	Add 36.21%
C CAAP CORPORACION AMER ARPTS S A	Polen Capital Management	0.01%	$1.35M	51,919	$25.98	+8,268	+18.94%	Add 18.94%
X XMTR XOMETRY INC	Polen Capital Management	0.01%	$1.33M	22,321	$59.45	+14,031	+169.25%	Add 169.25%
I IWD iShares Russell 1000 Value ETF	David Katz	0.12%	$1.33M	6,305	$210.31	+33	+0.53%	Add 0.53%
T TMDX TRANSMEDICS GROUP INC	Polen Capital Management	0.01%	$1.32M	10,828	$121.63	+5,138	+90.30%	Add 90.30%
S SEI SOLARIS ENERGY INFRAS INC	Polen Capital Management	0.01%	$1.31M	28,597	$45.95	+28,597	—	Buy
E ERO ERO COPPER CORP	Polen Capital Management	0.01%	$1.29M	45,544	$28.28	+45,544	—	Buy
V V Visa	FPA Queens Road Small Cap Value Fund	0.04%	$1.28M	3,649	$350.51	+15	+0.41%	Add 0.41%
E ESTA ESTABLISHMENT LABS HLDGS INC	Polen Capital Management	0.01%	$1.27M	17,475	$72.85	+17,475	—	Buy
P PNC PNC Financial Services Group, Inc.	Tweedy Browne Co.	0.10%	$1.27M	6,068	$208.64	+864	+16.60%	Add 16.60%
N NRP NATURAL RESOURCE PARTNERS L	Bruce Berkowitz	0.09%	$1.25M	12,000	$104.33	+12,000	—	Buy
A AN AUTONATION, INC.	Tweedy Browne Co.	0.10%	$1.25M	6,044	$206.32	+864	+16.68%	Add 16.68%
C CRNT CERAGON NETWORKS LTD	First Eagle Investment Management	0.00%	$1.24M	592,690	$2.10	+3,130	+0.53%	Add 0.53%
V VWO VANGUARD INTL EQUITY INDEX F	FPA Queens Road Small Cap Value Fund	0.04%	$1.24M	23,044	$53.72	+495	+2.20%	Add 2.20%
U UPBD UPBOUND GROUP INC	Bill Miller	0.43%	$1.23M	70,000	$17.56	+50,000	+250.00%	Add 250.00%
T TRMLF TOURMANLINE OIL CORP	Kahn Brothers Group	0.21%	$1.21M	26,959	$44.92	+2,550	+10.45%	Add 10.45%
R RKT ROCKET COS INC	First Eagle Investment Management	0.00%	$1.19M	61,720	$19.35	+4,020	+6.97%	Add 6.97%
F FLEX Flex Ltd.	First Eagle Investment Management	0.00%	$1.18M	19,512	$60.37	+64	+0.33%	Add 0.33%
I IJT ISHARES TR	FPA Queens Road Small Cap Value Fund	0.04%	$1.17M	8,311	$141.14	+3	+0.04%	Add 0.04%
A ABNB AIRBNB INC	Lee Ainslie	0.01%	$1.16M	8,531	$135.62	+8,531	—	Buy
L LQDA LIQUIDIA CORPORATION	Polen Capital Management	0.00%	$1.16M	33,538	$34.47	+33,538	—	Buy
M MSFT Microsoft	Kahn Brothers Group	0.20%	$1.16M	2,392	$483.28	+487	+25.56%	Add 25.56%
K KOD KODIAK SCIENCES INC	Polen Capital Management	0.00%	$1.16M	41,340	$27.94	+19,773	+91.68%	Add 91.68%
A AORT ARTIVION INC	Polen Capital Management	0.00%	$1.15M	25,259	$45.61	+25,259	—	Buy
G GGAL GRUPO FINANCIERO GALICIA S.A	Polen Capital Management	0.00%	$1.15M	21,373	$53.90	+21,373	—	Buy
T TTE TOTALENERGIES SE ADR	Richard Pzena	0.00%	$1.15M	20,693	$55.57	+20,693	—	Buy
A AG AGCO CORP.	Tweedy Browne Co.	0.09%	$1.14M	10,901	$104.30	+1,512	+16.10%	Add 16.10%
E ENRFF ENERFLEX LTD	Sarah Ketterer	0.02%	$1.13M	73,432	$15.43	+73,432	—	Buy
S SPYX SPDR SER TR	FPA Queens Road Small Cap Value Fund	0.04%	$1.13M	20,059	$56.18	+128	+0.64%	Add 0.64%
I ITB ISHARES TR	Francois Rochon	0.04%	$1.13M	11,698	$96.26	+137	+1.19%	Add 1.19%
G GIII G III APPAREL	Tweedy Browne Co.	0.09%	$1.12M	38,843	$28.94	+6,450	+19.91%	Add 19.91%
J JPM JPMorgan Chase	Kahn Brothers Group	0.20%	$1.12M	3,468	$322.09	+800	+29.99%	Add 29.99%
S SVV SAVERS VALUE VLG INC	Lee Ainslie	0.01%	$1.11M	119,479	$9.33	+119,479	—	Buy
3 MMM 3M Company	FPA Queens Road Small Cap Value Fund	0.04%	$1.11M	6,955	$160.03	+838	+13.70%	Add 13.70%
K KARO Karooooo, Ltd.	Dodge & Cox	0.00%	$1.11M	24,423	$45.49	+24,423	—	Buy
A ATAT Atour Lifestyle Holdings, Ltd.	Dodge & Cox	0.00%	$1.11M	28,152	$39.39	+28,152	—	Buy
F FIBK FIRST INTERSTATE BANCSYSTEM INC	Tweedy Browne Co.	0.09%	$1.10M	31,775	$34.59	+4,536	+16.65%	Add 16.65%
E ELV Elevance Health, Inc.	Tweedy Browne Co.	0.09%	$1.10M	3,128	$350.38	+432	+16.02%	Add 16.02%
N NTR Nutrien, Ltd.	Tweedy Browne Co.	0.09%	$1.10M	17,735	$61.80	+3,120	+21.35%	Add 21.35%
A ARLP ALLIANCE RESOURCE PARTNERS LP	Tweedy Browne Co.	0.09%	$1.08M	46,695	$23.21	+6,696	+16.74%	Add 16.74%
I INTC INTEL CORP	FPA Queens Road Small Cap Value Fund	0.04%	$1.08M	29,170	$36.89	+354	+1.23%	Add 1.23%
R RKLB Rocket Lab USA	Polen Capital Management	0.00%	$1.07M	15,324	$69.76	+15,324	—	Buy
V VEU VANGUARD INTL EQUITY INDEX F	Sarah Ketterer	0.01%	$1.06M	14,484	$73.53	+4,824	+49.94%	Add 49.94%
C CPA Copa Holdings SA	Charles Bobrinskoy	0.01%	$1.05M	8,752	$120.54	+8,752	—	Buy
M MIRM MIRUM PHARMACEUTICALS INC	Polen Capital Management	0.00%	$1.05M	13,360	$78.97	+21	+0.16%	Add 0.16%
I INMD INMODE LTD	Sarah Ketterer	0.01%	$1.05M	71,829	$14.69	+71,829	—	Buy
P NAN Pool	Jensen Investment Management	0.02%	$1.05M	95,800	$10.99	+95,800	—	Buy
O ONTO ONTO INNOVATION INC	First Eagle Investment Management	0.00%	$1.05M	6,675	$157.60	+4,175	+167.00%	Add 167.00%
X XERS XERIS BIOPHARMA HOLDINGS INC	Polen Capital Management	0.00%	$1.05M	133,416	$7.85	+225	+0.17%	Add 0.17%
Z ZH Zhihu, Inc.	Dodge & Cox	0.00%	$1.05M	319,164	$3.28	+42,267	+15.26%	Add 15.26%
H HAFN HAFNIA LTD	Tweedy Browne Co.	0.08%	$1.05M	196,381	$5.33	+34,784	+21.53%	Add 21.53%
K KSPI Kaspi.KZ JSC	Charles Bobrinskoy	0.01%	$1.03M	13,172	$78.12	+909	+7.41%	Add 7.41%
L LAD LITHIA MTRS INC	Ruane Cunniff	0.02%	$1.01M	3,049	$332.24	+333	+12.26%	Add 12.26%
C EXE CHESAPEAKE ENERGY CORP	First Eagle Investment Management	0.00%	$1.00M	9,109	$110.22	+135	+1.50%	Add 1.50%
W WU WESTERN UNION	Tweedy Browne Co.	0.08%	$1.00M	107,753	$9.31	+15,336	+16.59%	Add 16.59%
K PHG KONINKLIJKE PHILIPS N V	Richard Pzena	0.00%	$1.00M	36,969	$27.08	+7,596	+25.86%	Add 25.86%
E ENR ENERGIZER HLDGS INC NEW	Lee Ainslie	0.01%	$990.00K	49,793	$19.88	+49,793	—	Buy
A ALSN ALLISON TRANSMISSION HLD	Tweedy Browne Co.	0.08%	$986.00K	10,077	$97.85	+1,296	+14.76%	Add 14.76%
M TIGO Millicom International Cellular SA	Polen Capital Management	0.00%	$980.00K	17,685	$55.41	+23	+0.13%	Add 0.13%
N NE NOBLE CORP PLC	Tweedy Browne Co.	0.08%	$978.00K	34,637	$28.24	+4,968	+16.74%	Add 16.74%
U UPS United Parcel Service	Tweedy Browne Co.	0.08%	$976.00K	9,842	$99.17	+1,296	+15.16%	Add 15.16%
M MG MISTRAS GROUP INC	First Eagle Investment Management	0.00%	$976.00K	77,219	$12.64	+77,219	—	Buy
T TSN TYSON FOODS	Tweedy Browne Co.	0.08%	$971.00K	16,565	$58.62	+2,376	+16.75%	Add 16.75%
A ASTE ASTEC INDS INC	Polen Capital Management	0.00%	$967.00K	22,344	$43.28	+4,236	+23.39%	Add 23.39%
I ESGD ISHARES TR	FPA Queens Road Small Cap Value Fund	0.03%	$967.00K	10,175	$95.04	+25	+0.25%	Add 0.25%
I ESML ISHARES TR	FPA Queens Road Small Cap Value Fund	0.03%	$967.00K	21,031	$45.98	+427	+2.07%	Add 2.07%
F RACE FERRARI N V	Jensen Investment Management	0.02%	$960.00K	2,600	$369.23	+2,600	—	Buy
C CVS CVS Health Corp.	Tweedy Browne Co.	0.08%	$959.00K	12,085	$79.35	+1,728	+16.68%	Add 16.68%
S SRRK SCHOLAR ROCK HLDG CORP	Polen Capital Management	0.00%	$958.00K	21,762	$44.02	+3,702	+20.50%	Add 20.50%
T TRMD TORM PLC-A	Tweedy Browne Co.	0.08%	$951.00K	48,595	$19.57	+8,588	+21.47%	Add 21.47%
A AX AXOS FINANCIAL INC	Polen Capital Management	0.00%	$946.00K	10,986	$86.11	+1,807	+19.69%	Add 19.69%
X ASHR XTRACKERS HARVEST CSI 300 CHINA A-SHARES ETF	Sarah Ketterer	0.01%	$946.00K	28,800	$32.85	+28,800	—	Buy
I IWF ISHARES TR	Torray Funds	0.14%	$943.00K	1,993	$473.16	+855	+75.13%	Add 75.13%
K KURA KURA ONCOLOGY INC	Polen Capital Management	0.00%	$943.00K	90,847	$10.38	+90,847	—	Buy
M TAP Molson Coors Beverage Company	Tweedy Browne Co.	0.08%	$941.00K	20,167	$46.66	+20,167	—	Buy
T TDUP THREDUP INC	Polen Capital Management	0.00%	$930.00K	145,615	$6.39	+35,245	+31.93%	Add 31.93%
C CPB CAMPBELL SOUP CO	Lee Ainslie	0.01%	$925.00K	33,206	$27.86	+33,206	—	Buy
S SFNC SIMMONS FIRS NATIONAL CORP-A	Tweedy Browne Co.	0.07%	$915.00K	48,572	$18.84	+6,912	+16.59%	Add 16.59%
C CIGI COLLIERS INTL GROUP INC	First Eagle Investment Management	0.00%	$915.00K	6,234	$146.78	+2,826	+82.92%	Add 82.92%
B BMY Bristol-Myers Squibb	Tweedy Browne Co.	0.07%	$908.00K	16,842	$53.91	+2,376	+16.42%	Add 16.42%
S SN SharkNinja Inc	First Eagle Investment Management	0.00%	$898.00K	8,034	$111.77	+1,034	+14.77%	Add 14.77%
V VTI Vanguard Total Stock Fund	Ruane Cunniff	0.01%	$897.00K	2,678	$334.95	+31	+1.17%	Add 1.17%
C CLH CLEAN HARBORS INC	First Eagle Investment Management	0.00%	$894.00K	3,816	$234.28	+3,816	—	Buy
E ENTG Entegris	First Eagle Investment Management	0.00%	$887.00K	10,543	$84.13	+5,043	+91.69%	Add 91.69%
H HP HELMERICH & PAYNE	Tweedy Browne Co.	0.07%	$880.00K	30,709	$28.66	+4,320	+16.37%	Add 16.37%
B OBDC BLUE OWL CAPITAL CORP	Tweedy Browne Co.	0.07%	$879.00K	70,781	$12.42	+10,152	+16.74%	Add 16.74%
B BRO BROWN & BROWN INC	Thomas Gayner	0.01%	$876.00K	11,000	$79.64	+11,000	—	Buy
T TXRH TEXAS ROADHOUSE INC	First Eagle Investment Management	0.00%	$868.00K	5,238	$165.71	+323	+6.57%	Add 6.57%
U UEIC UNIVERSAL ELECTRS INC	First Eagle Investment Management	0.00%	$866.00K	240,148	$3.61	+73,712	+44.29%	Add 44.29%
T TSHA TAYSHA GENE THERAPIES INC	Polen Capital Management	0.00%	$861.00K	156,586	$5.50	+156,586	—	Buy
U UPWK UPWORK INC	Polen Capital Management	0.00%	$854.00K	43,111	$19.81	+31,727	+278.70%	Add 278.70%
S XLV SELECT SECTOR SPDR TR	Mairs & Power Growth Fund	0.01%	$854.00K	5,522	$154.65	+5,522	—	Buy
T TRVG TRIVAGO N V	First Eagle Investment Management	0.00%	$850.00K	293,444	$2.90	+125,825	+75.07%	Add 75.07%
I EFA ISHARES TR	FPA Queens Road Small Cap Value Fund	0.03%	$843.00K	8,784	$95.97	+216	+2.52%	Add 2.52%
A AAPL Apple	Kahn Brothers Group	0.15%	$840.00K	3,092	$271.67	+100	+3.34%	Add 3.34%
T TDW TIDEWATER INC	Tweedy Browne Co.	0.07%	$836.00K	16,565	$50.47	+2,376	+16.75%	Add 16.75%
A ARCO Arcos Dorados Holdings, Inc.	Dodge & Cox	0.00%	$829.00K	112,966	$7.34	+3,000	+2.73%	Add 2.73%
A ARW ARROW ELECTRIC	Tweedy Browne Co.	0.07%	$829.00K	7,530	$110.09	+1,080	+16.74%	Add 16.74%
M MSFT Microsoft	Francois Rochon	0.03%	$824.00K	1,704	$483.57	+1	+0.06%	Add 0.06%
Q Q Qnity Electronics, Inc.	FPA Queens Road Small Cap Value Fund	0.03%	$816.00K	9,999	$81.61	+9,999	—	Buy
X XYL XYLEM INC	Mairs & Power Growth Fund	0.01%	$812.00K	5,970	$136.01	+4,504	+307.23%	Add 307.23%
U UNH UnitedHealth Group	Tweedy Browne Co.	0.07%	$811.00K	2,459	$329.81	+322	+15.07%	Add 15.07%
C CLF CLEVELAND-CLIFFS INC	Tweedy Browne Co.	0.07%	$805.00K	60,627	$13.28	+8,640	+16.62%	Add 16.62%
H HLI Houlihan Lokey Inc	First Eagle Investment Management	0.00%	$787.00K	4,524	$173.96	+322	+7.66%	Add 7.66%
V VIG VANGUARD SPECIALIZED FUNDS	David Katz	0.07%	$777.00K	3,535	$219.80	+21	+0.60%	Add 0.60%
B BW BABCOCK & WILCOX ENTERPRISES	Polen Capital Management	0.00%	$775.00K	122,280	$6.34	+122,280	—	Buy
D DSX DIANA SHIPPING INC	First Eagle Investment Management	0.00%	$774.00K	466,583	$1.66	+466,583	—	Buy
C CROX CROCS INC	Tweedy Browne Co.	0.06%	$773.00K	9,039	$85.52	+1,296	+16.74%	Add 16.74%
A WMS ADVANCED DRAIN SYS INC DEL	First Eagle Investment Management	0.00%	$770.00K	5,326	$144.57	+1,226	+29.90%	Add 29.90%
H DINO HF SINCLAIR CORP	Tweedy Browne Co.	0.06%	$768.00K	16,684	$46.03	+2,376	+16.61%	Add 16.61%
M MTDR MATADOR RESOURCES CO.	Tweedy Browne Co.	0.06%	$767.00K	18,081	$42.42	+2,592	+16.73%	Add 16.73%
B BLK BlackRock Inc	Dodge & Cox	0.00%	$761.00K	711	$1,070.32	+56	+8.55%	Add 8.55%
S SHG SHINHAN FINANCIAL GROUP CO L	Lee Ainslie	0.01%	$754.00K	14,071	$53.59	+14,071	—	Buy
A DOX AMDOCS LTD	Jensen Investment Management	0.01%	$744.00K	9,250	$80.43	+9,250	—	Buy
S SPY SPDR S&P 500 ETF TR	Samantha McLemore	0.03%	$733.00K	1,075	$681.86	+654	+155.34%	Add 155.34%
A ABEV Ambev SA	Dodge & Cox	0.00%	$731.00K	296,300	$2.47	+20,000	+7.24%	Add 7.24%
H HTLD HEARTLAND EXPRESS INC.	Tweedy Browne Co.	0.06%	$724.00K	80,198	$9.03	+11,448	+16.65%	Add 16.65%
E EQNR EQUINOR ASA	Richard Pzena	0.00%	$698.00K	29,555	$23.62	+13,021	+78.75%	Add 78.75%
K KD Kyndryl Holdings, Inc.	First Eagle Investment Management	0.00%	$695.00K	26,200	$26.53	+2,600	+11.02%	Add 11.02%
L LW LAMB WESTON HOLDINGS INC	Tweedy Browne Co.	0.06%	$693.00K	16,565	$41.84	+2,376	+16.75%	Add 16.75%
C CPF CENTRAL PAC FINL CORP	Polen Capital Management	0.00%	$690.00K	22,150	$31.15	+4,913	+28.50%	Add 28.50%
N NUSC NUSHARES ETF TR	FPA Queens Road Small Cap Value Fund	0.02%	$690.00K	15,463	$44.62	+483	+3.22%	Add 3.22%
A AFL Aflac Inc	David Katz	0.06%	$688.00K	6,243	$110.20	+7	+0.11%	Add 0.11%
Q DGX QUEST DIAGNOSTICS INC	First Eagle Investment Management	0.00%	$682.00K	3,935	$173.32	+100	+2.61%	Add 2.61%
S SARO STANDARDAERO INC	First Eagle Investment Management	0.00%	$673.00K	23,500	$28.64	+23,500	—	Buy
H HLF HERBALIFE LTD	Tweedy Browne Co.	0.05%	$663.00K	51,480	$12.88	+7,344	+16.64%	Add 16.64%
B BSM BLACKSTONE MINE	Tweedy Browne Co.	0.05%	$662.00K	49,829	$13.29	+7,128	+16.69%	Add 16.69%
G GSK GSK PLC	Richard Pzena	0.00%	$659.00K	13,444	$49.02	+4,727	+54.23%	Add 54.23%
I ACWX ISHARES TR	Mairs & Power Growth Fund	0.01%	$654.00K	9,750	$67.08	+6,873	+238.89%	Add 238.89%
B BZH BEAZER HOMES USA	Tweedy Browne Co.	0.05%	$646.00K	31,872	$20.27	+4,536	+16.59%	Add 16.59%
I IHRT IHEARTMEDIA INC	Polen Capital Management	0.00%	$646.00K	155,516	$4.15	+13,807	+9.74%	Add 9.74%
S XLK SELECT SECTOR SPDR TR	Mairs & Power Growth Fund	0.01%	$643.00K	4,470	$143.85	+2,235	+100.00%	Add 100.00%
N NUVL NUVALENT INC	Polen Capital Management	0.00%	$639.00K	6,359	$100.49	+6,359	—	Buy
A ALB ALBEMARLE CORP	Tweedy Browne Co.	0.05%	$638.00K	4,517	$141.24	+648	+16.75%	Add 16.75%
A T AT&T INC COM	FPA Queens Road Small Cap Value Fund	0.02%	$627.00K	25,274	$24.81	+1,408	+5.90%	Add 5.90%
J FROG JFROG LTD	Polen Capital Management	0.00%	$617.00K	9,884	$62.42	+9,884	—	Buy
J JHX JAMES HARDIE INDS PLC	First Eagle Investment Management	0.00%	$615.00K	29,676	$20.72	+10,000	+50.82%	Add 50.82%
Q Q Qnity Electronics, Inc.	Dodge & Cox	0.00%	$612.00K	7,503	$81.57	+7,503	—	Buy
C CYTK CYTOKINETICS INC	Polen Capital Management	0.00%	$608.00K	9,584	$63.44	+9,584	—	Buy
V VO VANGUARD INDEX FDS	Mairs & Power Growth Fund	0.01%	$608.00K	2,095	$290.21	+967	+85.73%	Add 85.73%
A AEHR AEHR TEST SYS	Polen Capital Management	0.00%	$607.00K	30,111	$20.16	+6,803	+29.19%	Add 29.19%
D DVN DEVON ENERGY CORP	Tweedy Browne Co.	0.05%	$606.00K	16,565	$36.58	+2,376	+16.75%	Add 16.75%
Z ZTS Zoetis Inc	FPA Queens Road Small Cap Value Fund	0.02%	$603.00K	4,793	$125.81	+1,520	+46.44%	Add 46.44%
S SIRI SIRIUS XM HOLDINGS INC	Tweedy Browne Co.	0.05%	$602.00K	30,120	$19.99	+4,320	+16.74%	Add 16.74%
C CBZ CBIZ INC	First Eagle Investment Management	0.00%	$600.00K	11,908	$50.39	+8,671	+267.87%	Add 267.87%
V VGSH VANGUARD SCOTTSDALE FDS	FPA Queens Road Small Cap Value Fund	0.02%	$600.00K	10,230	$58.65	+2,146	+26.55%	Add 26.55%
R RHP RYMAN HOSPITALITY PPTYS INC	First Eagle Investment Management	0.00%	$599.00K	6,340	$94.48	+3,540	+126.43%	Add 126.43%
A AAP Advance Auto Parts	Tweedy Browne Co.	0.05%	$596.00K	15,179	$39.26	+2,160	+16.59%	Add 16.59%
S BIL SPDR Bloomberg 1-3 Month T-B (BIL)	Mairs & Power Growth Fund	0.01%	$588.00K	6,438	$91.33	+3,356	+108.89%	Add 108.89%
W WD WALKER & DUNLOP INC	First Eagle Investment Management	0.00%	$588.00K	9,792	$60.05	+6,700	+216.69%	Add 216.69%
B BX Blackstone Group	Bill Nygren	0.00%	$578.00K	3,750	$154.13	+3,750	—	Buy
E EMBC EMBECTA CORP	Tweedy Browne Co.	0.05%	$572.00K	48,191	$11.87	+6,912	+16.74%	Add 16.74%
S SNY Sanofi	Richard Pzena	0.00%	$569.00K	11,749	$48.43	+5,083	+76.25%	Add 76.25%
C COST Costco	Bill Nygren	0.00%	$565.00K	656	$861.28	+75	+12.91%	Add 12.91%
L LOMA Loma Negra Cia Industrial Argentina SA	Dodge & Cox	0.00%	$563.00K	43,482	$12.95	+7,082	+19.46%	Add 19.46%
F FIGS FIGS INC	Polen Capital Management	0.00%	$554.00K	48,828	$11.35	+48,828	—	Buy
S SMFG SUMITOMO MITSUI FINANCIAL GROUP INC. SPON ADR	Richard Pzena	0.00%	$550.00K	28,473	$19.32	+3,786	+15.34%	Add 15.34%
D LPG DORIAN LPG LIMITED	Tweedy Browne Co.	0.04%	$549.00K	22,589	$24.30	+3,240	+16.75%	Add 16.75%
V VELO VELO3D INC	Polen Capital Management	0.00%	$548.00K	39,896	$13.74	+39,896	—	Buy
V VSGX VANGUARD WORLD FD	FPA Queens Road Small Cap Value Fund	0.02%	$548.00K	7,663	$71.51	+828	+12.11%	Add 12.11%
A AFYA Afya, Ltd.	Dodge & Cox	0.00%	$545.00K	35,387	$15.40	+125	+0.35%	Add 0.35%
S XLV SELECT SECTOR SPDR TR	FPA Queens Road Small Cap Value Fund	0.02%	$543.00K	3,512	$154.61	+30	+0.86%	Add 0.86%
A APEI AMERICAN PUB ED INC	Polen Capital Management	0.00%	$533.00K	14,117	$37.76	+14,117	—	Buy
G GEN GEN DIGITAL INC	Lee Ainslie	0.01%	$529.00K	19,460	$27.18	+19,460	—	Buy
C CSIQ CANADIAN SOLAR INC	Polen Capital Management	0.00%	$528.00K	22,223	$23.76	+22,223	—	Buy
P MUNI PIMCO ETF TR	FPA Queens Road Small Cap Value Fund	0.02%	$528.00K	10,086	$52.35	+2,275	+29.13%	Add 29.13%
F FIGR FIGURE TECHNOLOGY SOLUTIO	Polen Capital Management	0.00%	$522.00K	12,803	$40.77	+12,803	—	Buy
V VFH VANGUARD WORLD FDS	FPA Queens Road Small Cap Value Fund	0.02%	$502.00K	3,766	$133.30	+106	+2.90%	Add 2.90%
D BROS DUTCH BROS INC	Lee Ainslie	0.01%	$497.00K	8,123	$61.18	+8,123	—	Buy
C CNC CENTENE CORP	Tweedy Browne Co.	0.04%	$495.00K	12,048	$41.09	+1,728	+16.74%	Add 16.74%
T TGT Target Corp.	Lee Ainslie	0.01%	$495.00K	5,067	$97.69	+5,067	—	Buy
F FTAI FORTRESS TRANSPORTATION AND INFRASTRUCTURE INVESTORS LLC	First Eagle Investment Management	0.00%	$495.00K	2,519	$196.51	+2,519	—	Buy
A AMZN Amazon.com	Seth Klarman	9.28%	$489.00K	2,121,391	$0.23	+2,121,391	—	Buy
N NFLX NETFLIX INC	Ruane Cunniff	0.01%	$489.00K	5,220	$93.68	+4,616	+764.24%	Add 764.24%
P PANW PALO ALTO NETWORKS INC	Bill Nygren	0.00%	$486.00K	2,640	$184.09	+2,640	—	Buy
S SOLS SOLSTICE ADVANCED MATLS INC	FPA Queens Road Small Cap Value Fund	0.02%	$483.00K	9,960	$48.49	+9,960	—	Buy
I ITW ILLINOIS TOOL WKS INC	FPA Queens Road Small Cap Value Fund	0.02%	$482.00K	1,957	$246.30	+260	+15.32%	Add 15.32%
H HDB HDFC Bank, Ltd.	Charles Bobrinskoy	0.01%	$480.00K	13,151	$36.50	+3,911	+42.33%	Add 42.33%
K KRMN KARMAN HLDGS INC	Polen Capital Management	0.00%	$472.00K	6,455	$73.12	+6,455	—	Buy
P PNC PNC Financial Services Group, Inc.	Kahn Brothers Group	0.08%	$471.00K	2,257	$208.68	+800	+54.91%	Add 54.91%
M MSFT Microsoft	Sarah Ketterer	0.01%	$466.00K	965	$482.90	+25	+2.66%	Add 2.66%
C CELC CELCUITY INC	Polen Capital Management	0.00%	$464.00K	4,660	$99.57	+4,660	—	Buy
F FRPT FRESHPET INC	Lee Ainslie	0.00%	$460.00K	7,561	$60.84	+7,561	—	Buy
S XLY SELECT SECTOR SPDR TR	FPA Queens Road Small Cap Value Fund	0.01%	$460.00K	3,857	$119.26	+1,863	+93.43%	Add 93.43%
H HQY HEALTHEQUITY INC	Polen Capital Management	0.00%	$456.00K	4,980	$91.57	+4,980	—	Buy
W WTW Willis Towers Watson PLC	Seth Klarman	8.47%	$446.00K	1,357,601	$0.33	+268,536	+24.66%	Add 24.66%
M MAMA MAMAS CREATIONS INC	Polen Capital Management	0.00%	$445.00K	32,989	$13.49	+32,989	—	Buy
I SUSC ISHARES TR	FPA Queens Road Small Cap Value Fund	0.01%	$445.00K	19,030	$23.38	+849	+4.67%	Add 4.67%
D DNLI DENALI THERAPEUTICS INC	Polen Capital Management	0.00%	$444.00K	26,900	$16.51	+26,900	—	Buy
S SNDK SANDISK CORP	Polen Capital Management	0.00%	$441.00K	1,860	$237.10	+1,860	—	Buy
I RSPC INVESCO EXCHANGE TRADED FD T	Ruane Cunniff	0.01%	$439.00K	11,029	$39.80	+11,029	—	Buy
E ZGN ERMENEGILDO ZEGNA N V	Polen Capital Management	0.00%	$438.00K	42,768	$10.24	+42,768	—	Buy
I EWZ ISHARES MSCI BRAZIL ETF	Sarah Ketterer	0.01%	$438.00K	13,800	$31.74	+13,800	—	Buy
S SPG Simon Property Group, Inc.	FPA Queens Road Small Cap Value Fund	0.01%	$435.00K	2,351	$185.03	+183	+8.44%	Add 8.44%
T TWLO TWILIO INC	Polen Capital Management	0.00%	$434.00K	3,056	$142.02	+45	+1.49%	Add 1.49%
V VTI Vanguard Total Stock Fund	Mairs & Power Growth Fund	0.00%	$433.00K	1,294	$334.62	+477	+58.38%	Add 58.38%
E ESPR ESPERION THERAPEUTICS INC NE	Polen Capital Management	0.00%	$430.00K	116,292	$3.70	+116,292	—	Buy
S GLD SPDR GOLD TR	David Katz	0.04%	$426.00K	1,075	$396.28	+27	+2.58%	Add 2.58%
P PM Philip Morris International, Inc.	Mairs & Power Growth Fund	0.00%	$424.00K	2,649	$160.06	+8	+0.30%	Add 0.30%
M MCHP Microchip Technology, Inc.	Hillman Value Fund	0.27%	$423.00K	6,646	$63.65	+1,196	+21.94%	Add 21.94%
P PSEC PROSPECT CAPITAL CORP	Tweedy Browne Co.	0.03%	$422.00K	162,953	$2.59	+23,331	+16.71%	Add 16.71%
M LUXE MYT NETHERLANDS PARENT B V	Polen Capital Management	0.00%	$419.00K	50,258	$8.34	+19,754	+64.76%	Add 64.76%
M MESO MESOBLAST LTD	Polen Capital Management	0.00%	$415.00K	23,005	$18.04	+23,005	—	Buy
C CRWD CROWDSTRIKE HLDGS INC	FPA Queens Road Small Cap Value Fund	0.01%	$414.00K	885	$467.80	+100	+12.74%	Add 12.74%
S LUV Southwest Airlines Co.	First Eagle Investment Management	0.00%	$413.00K	10,000	$41.30	+6,000	+150.00%	Add 150.00%
V VXUS Vanguard Total International Stock ETF	Ruane Cunniff	0.01%	$410.00K	5,438	$75.40	+137	+2.58%	Add 2.58%
N NMRK NEWMARK GROUP INC	Polen Capital Management	0.00%	$409.00K	23,619	$17.32	+12,538	+113.15%	Add 113.15%
A AVAV AEROVIRONMENT INC	Polen Capital Management	0.00%	$408.00K	1,689	$241.56	+554	+48.81%	Add 48.81%
G GRBK GREEN BRICK PARTNERS INC	Polen Capital Management	0.00%	$408.00K	6,526	$62.52	+6,526	—	Buy
P PSNL PERSONALIS INC	Polen Capital Management	0.00%	$403.00K	50,705	$7.95	+50,705	—	Buy
N NUE Nucor Corp.	David Katz	0.04%	$402.00K	2,468	$162.88	+18	+0.73%	Add 0.73%
V V Visa	David Katz	0.04%	$402.00K	1,149	$349.87	+11	+0.97%	Add 0.97%
G GHM GRAHAM CORP	Polen Capital Management	0.00%	$399.00K	6,217	$64.18	+6,217	—	Buy
N NAMS NEWAMSTERDAM PHARMA COMPANY	Polen Capital Management	0.00%	$394.00K	11,239	$35.06	+11,239	—	Buy
W WMT Walmart, Inc.	Bill Nygren	0.00%	$391.00K	3,512	$111.33	+875	+33.18%	Add 33.18%
M MSI Motorola Solutions	FPA Queens Road Small Cap Value Fund	0.01%	$386.00K	1,008	$382.94	+1,008	—	Buy
V VB VANGUARD INDEX FDS	Mairs & Power Growth Fund	0.00%	$385.00K	1,496	$257.35	+202	+15.61%	Add 15.61%
P PRTH PRIORITY TECH HOLDINGS INC	Prem Watsa	0.02%	$383.00K	70,500	$5.43	+70,500	—	Buy
O OLMA OLEMA PHARMACEUTICALS INC	Polen Capital Management	0.00%	$380.00K	15,206	$24.99	+15,206	—	Buy
F FG F&G ANNUITIES & LIFE INC	Third Avenue Management	0.07%	$380.00K	12,319	$30.85	+12,319	—	Buy
R RJF RAYMOND JAMES FINL INC	First Eagle Investment Management	0.00%	$379.00K	2,367	$160.12	+24	+1.02%	Add 1.02%
V VCEB VANGUARD WORLD FD	FPA Queens Road Small Cap Value Fund	0.01%	$377.00K	5,935	$63.52	+1,050	+21.49%	Add 21.49%
U UNP Union Pacific	Seth Klarman	7.14%	$376.00K	1,627,254	$0.23	+131,050	+8.76%	Add 8.76%
A APPN APPIAN CORP	Polen Capital Management	0.00%	$367.00K	10,366	$35.40	+10,366	—	Buy
A AXTI AXT INC	Polen Capital Management	0.00%	$363.00K	22,215	$16.34	+22,215	—	Buy
K KLTR KALTURA INC	First Eagle Investment Management	0.00%	$363.00K	221,795	$1.64	+221,795	—	Buy
I IAU ISHARES GOLD TR	FPA Queens Road Small Cap Value Fund	0.01%	$357.00K	4,402	$81.10	+341	+8.40%	Add 8.40%
P PEG Public Service Enterprise Group	Kahn Brothers Group	0.06%	$355.00K	4,424	$80.24	+800	+22.08%	Add 22.08%
B BX Blackstone Group	Kahn Brothers Group	0.06%	$354.00K	2,300	$153.91	+800	+53.33%	Add 53.33%
L LYFT LYFT INC	Polen Capital Management	0.00%	$353.00K	18,239	$19.35	+18,239	—	Buy
F RACE FERRARI N V	AKO Capital	5.35%	$351.00K	944,867	$0.37	+311,907	+49.28%	Add 49.28%
S SPLG SPDR SER TR	Hillman Value Fund	0.22%	$349.00K	4,362	$80.01	+4,362	—	Buy
I IOO ISHARES TR	Polen Capital Management	0.00%	$347.00K	2,743	$126.50	+2,743	—	Buy
W WINA WINMARK CORP	Polen Capital Management	0.00%	$347.00K	859	$403.96	+859	—	Buy
P PM Philip Morris International, Inc.	FPA Queens Road Small Cap Value Fund	0.01%	$344.00K	2,148	$160.15	+31	+1.46%	Add 1.46%
M MU MICRON TECHNOLOGY INC	FPA Queens Road Small Cap Value Fund	0.01%	$341.00K	1,195	$285.36	+1,195	—	Buy
A ADI Analog Devices, Inc.	AKO Capital	5.15%	$338.00K	1,248,009	$0.27	+24,862	+2.03%	Add 2.03%
A APD Air Products & Chemicals, Inc.	Hillman Value Fund	0.21%	$337.00K	1,367	$246.53	+222	+19.39%	Add 19.39%
I ICE INTERCONTINENTAL EXCHANGE IN	AKO Capital	5.14%	$337.00K	2,084,185	$0.16	+184	+0.01%	Add 0.01%
S XLK SELECT SECTOR SPDR TR	David Katz	0.03%	$333.00K	2,316	$143.78	+1,158	+100.00%	Add 100.00%
V VZ Verizon Communications, Inc.	Kahn Brothers Group	0.06%	$331.00K	8,147	$40.63	+910	+12.57%	Add 12.57%
G GEHC GE HealthCare Technologies, Inc.	Nelson Peltz	0.01%	$331.00K	4,044	$81.85	+15	+0.37%	Add 0.37%
T GAP The Gap, Inc.	Polen Capital Management	0.00%	$329.00K	12,860	$25.58	+12,860	—	Buy
I IBTG ISHARES TR	Mairs & Power Growth Fund	0.00%	$326.00K	14,255	$22.87	+11,105	+352.54%	Add 352.54%
T TAK TAKEDA PHARMACEUTICAL CO LTD	Richard Pzena	0.00%	$321.00K	20,627	$15.56	+20,627	—	Buy
K KSPI Kaspi.KZ JSC	Ruane Cunniff	0.01%	$321.00K	4,112	$78.06	+400	+10.78%	Add 10.78%
V VEA VANGUARD DEVELOPED MARKETSINDE	Mairs & Power Growth Fund	0.00%	$320.00K	5,129	$62.39	+550	+12.01%	Add 12.01%
R KRSPWS RICE ACQUISITION CORP 3	Howard Marks	0.00%	$319.00K	399,999	$0.80	+399,999	—	Buy
H HLLY HOLLEY INC	Polen Capital Management	0.00%	$318.00K	77,032	$4.13	+77,032	—	Buy
S TTAN SERVICETITAN INC	Polen Capital Management	0.00%	$316.00K	2,975	$106.22	+733	+32.69%	Add 32.69%
N NUVB NUVATION BIO INC	David Einhorn	0.01%	$313.00K	34,995	$8.94	+34,995	+100.00%	Buy
D DOCU DOCUSIGN INC	Richard Pzena	0.00%	$308.00K	4,510	$68.29	+4,510	—	Buy
H HOLX Hologic Inc.	Richard Pzena	0.00%	$306.00K	4,109	$74.47	+4,109	—	Buy
V VTIP VANGUARD MALVERN FDS	FPA Queens Road Small Cap Value Fund	0.01%	$301.00K	6,098	$49.36	+698	+12.93%	Add 12.93%
V VEU VANGUARD INTL EQUITY INDEX F	FPA Queens Road Small Cap Value Fund	0.01%	$300.00K	4,079	$73.55	+269	+7.06%	Add 7.06%
F FIS Fidelity National Information Services, Inc.	Seth Klarman	5.68%	$299.00K	4,503,801	$0.07	+714,090	+18.84%	Add 18.84%
V VB VANGUARD INDEX FDS	David Katz	0.03%	$296.00K	1,148	$257.84	+1	+0.09%	Add 0.09%
H HIG HARTFORD FINL SVCS GROUP INC	Richard Pzena	0.00%	$293.00K	2,127	$137.75	+392	+22.59%	Add 22.59%
A ADBE Adobe Systems	Richard Pzena	0.00%	$292.00K	837	$348.86	+35	+4.36%	Add 4.36%
C CINF CINCINNATI FINL CORP	Richard Pzena	0.00%	$292.00K	1,792	$162.95	+1,792	—	Buy
A AWI Armstrong World Industries	Polen Capital Management	0.00%	$288.00K	1,511	$190.60	+324	+27.30%	Add 27.30%
S TFI SPDR SER TR	FPA Queens Road Small Cap Value Fund	0.01%	$288.00K	6,319	$45.58	+1,787	+39.43%	Add 39.43%
H HALO Halozyme Therapeutics	Richard Pzena	0.00%	$287.00K	4,278	$67.09	+171	+4.16%	Add 4.16%
A SIVR ABRDN SILVER ETF TRUST	Christopher Bloomstran	0.03%	$287.00K	4,245	$67.61	+4,245	—	Buy
B AVGO Broadcom Limited	Sarah Ketterer	0.00%	$286.00K	827	$345.83	+827	—	Buy
A AMN AMN HEALTHCARE SERVICES INC	Tweedy Browne Co.	0.02%	$284.00K	18,072	$15.71	+2,592	+16.74%	Add 16.74%
A AGO ASSURED GUARANTY	Kahn Brothers Group	0.05%	$279.00K	3,110	$89.71	+520	+20.08%	Add 20.08%
S DSG SPDR SER TR	FPA Queens Road Small Cap Value Fund	0.01%	$279.00K	2,966	$94.07	+6	+0.20%	Add 0.20%
A ADM Archer-Daniels-Midland Co.	Richard Pzena	0.00%	$278.00K	4,842	$57.41	+4,842	—	Buy
M MCD McDonalds	Thomas Russo	0.00%	$276.00K	905	$304.97	+200	+28.37%	Add 28.37%
P PG Procter & Gamble Co.	Bill Nygren	0.00%	$271.00K	1,897	$142.86	+51	+2.76%	Add 2.76%
U ULS UL SOLUTIONS INC	Polen Capital Management	0.00%	$269.00K	3,420	$78.65	+3,420	—	Buy
I EAGG ISHARES TR	FPA Queens Road Small Cap Value Fund	0.01%	$269.00K	5,642	$47.68	+591	+11.70%	Add 11.70%
F FISV Fiserv	Mason Hawkins	0.01%	$268.00K	3,990	$67.17	+3,990	—	Buy
P PG Procter & Gamble Co.	Kahn Brothers Group	0.05%	$267.00K	1,867	$143.01	+100	+5.66%	Add 5.66%
I IEMG ISHARES INC	David Katz	0.02%	$257.00K	3,837	$66.98	+103	+2.76%	Add 2.76%
P PACB PACIFIC BIOSCIENCES CALIF IN	Polen Capital Management	0.00%	$256.00K	137,149	$1.87	+137,149	—	Buy
C COSHE COOPER STD HLDGS INC	Polen Capital Management	0.00%	$250.00K	7,635	$32.74	+7,635	—	Buy
V VTI Vanguard Total Stock Fund	Torray Funds	0.04%	$248.00K	742	$334.23	+3	+0.41%	Add 0.41%
C CAH Cardinal Health Inc	FPA Queens Road Small Cap Value Fund	0.01%	$246.00K	1,200	$205.00	+1,200	—	Buy
A AMAT Applied Materials	Glenn Greenberg	0.01%	$246.00K	961	$255.98	+961	—	Buy
J JBS JBS NV	Dodge & Cox	0.00%	$244.00K	16,950	$14.40	+1,000	+6.27%	Add 6.27%
E EXP EAGLE MATLS INC	Seth Klarman	4.63%	$244.00K	1,185,248	$0.21	+245,588	+26.14%	Add 26.14%
I IVE iShares S&P 500 Value Index Fund	Mairs & Power Growth Fund	0.00%	$242.00K	1,143	$211.72	+1,143	—	Buy
R RIO Rio Tinto PLC	Dodge & Cox	0.00%	$240.00K	3,000	$80.00	+3,000	—	Buy
A AMZN Amazon.com	Thomas Russo	0.00%	$240.00K	1,040	$230.77	+1,040	—	Buy
M MCK MCKESSON CORP	FPA Queens Road Small Cap Value Fund	0.01%	$239.00K	292	$818.49	+292	—	Buy
C CSCO Cisco Systems	AKO Capital	3.64%	$239.00K	3,113,706	$0.08	+3,113,706	—	Buy
S XLB SELECT SECTOR SPDR TR	Mairs & Power Growth Fund	0.00%	$238.00K	5,260	$45.25	+5,260	—	Buy
P PDS PRECISION DRILLING CORP	Sarah Ketterer	0.00%	$236.00K	3,291	$71.71	+3,291	—	Buy
C CPRT Copart	AKO Capital	3.58%	$235.00K	6,010,134	$0.04	+482,889	+8.74%	Add 8.74%
P PUK PRUDENTIAL PLC	Bill Nygren	0.00%	$234.00K	7,520	$31.12	+25	+0.33%	Add 0.33%
B BN Brookfield Corp.	Kahn Brothers Group	0.04%	$233.00K	5,070	$45.96	+1,690	+50.00%	Add 50.00%
D DLTR DOLLAR TREE INC	FPA Queens Road Small Cap Value Fund	0.01%	$230.00K	1,875	$122.67	+1,875	—	Buy
I ISRG Intuitive Surgical, Inc.	Francois Rochon	0.01%	$229.00K	405	$565.43	+405	—	Buy
M MPC MARATHON PETE CORP	FPA Queens Road Small Cap Value Fund	0.01%	$227.00K	1,400	$162.14	+354	+33.84%	Add 33.84%
S SBOT SERVE ROBOTICS INC	Polen Capital Management	0.00%	$226.00K	21,833	$10.35	+21,833	—	Buy
C FIX COMFORT SYS USA INC	Sarah Ketterer	0.00%	$226.00K	243	$930.04	+243	—	Buy
I ESGU ISHARES TR	FPA Queens Road Small Cap Value Fund	0.01%	$226.00K	1,518	$148.88	+30	+2.02%	Add 2.02%
N NCNO NCINO INC	FPA Queens Road Small Cap Value Fund	0.01%	$225.00K	8,785	$25.61	+8,785	—	Buy
D DAL DELTA AIR LINES INC DEL	FPA Queens Road Small Cap Value Fund	0.01%	$223.00K	3,227	$69.10	+3,227	—	Buy
I IBM International Business Machines Corp.	Thomas Russo	0.00%	$222.00K	750	$296.00	+750	—	Buy
C CW CURTISS WRIGHT CORP	FPA Queens Road Small Cap Value Fund	0.01%	$220.00K	400	$550.00	+400	—	Buy
A GOOGL ALPHABET INC	Christopher Bloomstran	0.03%	$219.00K	700	$312.86	+700	—	Buy
S SLB Schlumberger	Torray Funds	0.03%	$218.00K	5,681	$38.37	+5,681	—	Buy
C CP CANADIAN PAC RY LTD	AKO Capital	3.31%	$217.00K	2,957,361	$0.07	+2,157,801	+269.87%	Add 269.87%
T TPG TPG INC	Richard Pzena	0.00%	$216.00K	3,386	$63.79	+3,386	—	Buy
E ENSG ENSIGN GROUP INC	First Eagle Investment Management	0.00%	$216.00K	1,247	$173.22	+22	+1.80%	Add 1.80%
B BMY Bristol-Myers Squibb	David Katz	0.02%	$211.00K	3,929	$53.70	+3,929	—	Buy
C CCO CLEAR CHANNEL OUTDOOR HLDGS	Polen Capital Management	0.00%	$211.00K	95,912	$2.20	+95,912	—	Buy
V VTEB VANGUARD MUN BD FDS	Mairs & Power Growth Fund	0.00%	$211.00K	4,211	$50.11	+4,211	—	Buy
H DINO HF SINCLAIR CORP	First Eagle Investment Management	0.00%	$211.00K	4,591	$45.96	+100	+2.23%	Add 2.23%
P PRLB PROTO LABS INC	Polen Capital Management	0.00%	$209.00K	4,148	$50.39	+4,148	—	Buy
R ROIV ROIVANT SCIENCES LTD	Polen Capital Management	0.00%	$209.00K	9,662	$21.63	+9,662	—	Buy
C CMCSA Comcast Corp.	Kahn Brothers Group	0.04%	$209.00K	7,025	$29.75	+645	+10.11%	Add 10.11%
S SPGI S&P Global, Inc.	Glenn Greenberg	0.00%	$209.00K	401	$521.20	+401	—	Buy
R RR RICHTECH ROBOTICS INC	Polen Capital Management	0.00%	$207.00K	64,298	$3.22	+64,298	—	Buy
O OEC ORION SA	Tweedy Browne Co.	0.02%	$206.00K	39,157	$5.26	+5,616	+16.74%	Add 16.74%
E ETN Eaton	Mairs & Power Growth Fund	0.00%	$206.00K	648	$317.90	+1	+0.15%	Add 0.15%
E EXPE Expedia Group	Torray Funds	0.03%	$205.00K	724	$283.15	+724	—	Buy
I IBB ISHARES TR	FPA Queens Road Small Cap Value Fund	0.01%	$205.00K	1,215	$168.72	+1,215	—	Buy
S XLE SELECT SECTOR SPDR TR	FPA Queens Road Small Cap Value Fund	0.01%	$205.00K	4,606	$44.51	+2,318	+101.31%	Add 101.31%
N NVS Novartis AG	Mairs & Power Growth Fund	0.00%	$204.00K	1,485	$137.37	+1,485	—	Buy
I IEFA ISHARES CORE MSCI EAFE ETF	FPA Queens Road Small Cap Value Fund	0.01%	$204.00K	2,289	$89.12	+2,289	—	Buy
J JNJ Johnson & Johnson	Thomas Russo	0.00%	$201.00K	976	$205.94	+976	—	Buy
V VT Vanguard Total World Stock ETF	Ruane Cunniff	0.00%	$201.00K	1,426	$140.95	+1,426	—	Buy
R RNR RenaissanceRe Holdings Ltd.	Sarah Ketterer	0.00%	$200.00K	712	$280.90	+712	—	Buy
M MICC MAGNUM ICE CREAM CO NV ADR	Tweedy Browne Co.	0.02%	$197.00K	12,438	$15.84	+12,438	—	Buy
C CP CANADIAN PAC RY LTD	First Eagle Investment Management	0.00%	$184.00K	2,516	$73.13	+52	+2.11%	Add 2.11%
G GPC Genuine Parts Co	Seth Klarman	3.45%	$182.00K	1,486,088	$0.12	+91,088	+6.53%	Add 6.53%
G GDYN GRID DYNAMICS HLDGS INC	Polen Capital Management	0.00%	$175.00K	19,383	$9.03	+19,383	—	Buy
P PGEN PRECIGEN INC	Polen Capital Management	0.00%	$175.00K	42,095	$4.16	+42,095	—	Buy
F FISV Fiserv	Seth Klarman	2.79%	$147.00K	2,200,000	$0.07	+1,305,000	+145.81%	Add 145.81%
I IWD iShares Russell 1000 Value ETF	Charles Bobrinskoy	0.00%	$140.00K	668	$209.58	+668	—	Buy
S BWX SPDR SERIES TRUST	Hillman Value Fund	0.09%	$140.00K	6,240	$22.44	+6,240	—	Buy
T TDG TRANSDIGM GROUP INC	Triple Frond Partners	14.40%	$138.00K	103,894	$1.33	+46,930	+82.39%	Add 82.39%
N NUV NUVEEN MUN VALUE FD INC	Bill Nygren	0.00%	$134.00K	14,854	$9.02	+14,854	—	Buy
H HLF HERBALIFE LTD	Seth Klarman	2.26%	$119.00K	9,259,844	$0.01	+1,500,000	+19.33%	Add 19.33%
M MOH MOLINA HEALTHCARE INC	Seth Klarman	2.05%	$108.00K	625,000	$0.17	+625,000	—	Buy
G AERO GRUPO AEROMEXICO SAB DE CV	Seth Klarman	2.01%	$106.00K	4,855,180	$0.02	+4,855,180	—	Buy
S SOPH SOPHIA GENETICS SA	Polen Capital Management	0.00%	$101.00K	21,738	$4.65	+21,738	—	Buy
M MA MASTERCARD INCORPORATED	AKO Capital	0.87%	$57.00K	100,109	$0.57	+100,109	—	Buy
T TRU TransUnion	Triple Frond Partners	4.91%	$47.00K	551,153	$0.09	+120,683	+28.04%	Add 28.04%
I SGOV ISHARES TR	Bill Nygren	0.00%	$40.00K	400	$100.00	+400	—	Buy
C CCCS CCC Intel Solutions	Triple Frond Partners	3.97%	$38.00K	4,805,036	$0.01	+1,140,536	+31.12%	Add 31.12%
L LYV Live Nation Entertainment, Inc.	Triple Frond Partners	3.76%	$36.00K	255,858	$0.14	+255,858	—	Buy
N NUVBWS NUVATION BIO INC	David Einhorn	0.00%	$33.00K	100,000	$0.33	+100,000	+100.00%	Buy
3 SCWO 374WATER INC	David Katz	0.00%	$20.00K	10,000	$2.00	+10,000	—	Buy
I HYBB ISHARES TR	Steven Romick	0.00%	$13.00K	286	$45.45	+286	—	Buy
A AVTR Avantor, Inc.	Robert Olstein	2.07%	$9.00K	818,000	$0.01	+24,000	+3.02%	Add 3.02%
A ABM ABM INDS INC	Robert Olstein	1.84%	$8.00K	211,361	$0.04	+2,389	+1.14%	Add 1.14%
F FIS Fidelity National Information Services, Inc.	Robert Olstein	1.84%	$8.00K	121,470	$0.07	+8,470	+7.50%	Add 7.50%
I IFF International Flavors & Fragrances, Inc.	Robert Olstein	1.84%	$8.00K	127,000	$0.06	+2,000	+1.60%	Add 1.60%
B BAX Baxter International, Inc.	Robert Olstein	1.61%	$7.00K	417,000	$0.02	+52,000	+14.25%	Add 14.25%
M MHK Mohawk Industries, Inc.	Robert Olstein	1.61%	$7.00K	68,750	$0.10	+13,250	+23.87%	Add 23.87%
Z ZBH Zimmer Biomet Holdings, Inc.	Robert Olstein	1.61%	$7.00K	82,000	$0.09	+4,000	+5.13%	Add 5.13%
N NKE Nike	Robert Olstein	1.38%	$6.00K	104,000	$0.06	+6,000	+6.12%	Add 6.12%
A ADBE Adobe Systems	Robert Olstein	1.15%	$5.00K	16,000	$0.31	+750	+4.92%	Add 4.92%
H HON Honeywell	Robert Olstein	1.15%	$5.00K	26,000	$0.19	+4,500	+20.93%	Add 20.93%
K KFY Korn Ferry	Robert Olstein	1.15%	$5.00K	76,950	$0.06	+11,950	+18.38%	Add 18.38%
O ON ON SEMICONDUCTOR CORP	Robert Olstein	1.15%	$5.00K	103,000	$0.05	+12,000	+13.19%	Add 13.19%
M MSFT Microsoft	Robert Olstein	0.92%	$4.00K	10,000	$0.40	+900	+9.89%	Add 9.89%
C STZ CONSTELLATION BRANDS INC	Robert Olstein	0.92%	$4.00K	36,000	$0.11	+7,500	+26.32%	Add 26.32%
T TXN Texas Instruments	Robert Olstein	0.92%	$4.00K	27,000	$0.15	+3,000	+12.50%	Add 12.50%
G GEHC GE HealthCare Technologies, Inc.	First Eagle Investment Management	0.00%	$4.00K	51	$78.43	+51	—	Buy
J JLL JONES LANG LASALLE INC	First Eagle Investment Management	0.00%	$4.00K	12	$333.33	+12	—	Buy
U URI United Rentals	First Eagle Investment Management	0.00%	$4.00K	5	$800.00	+5	—	Buy
D DE Deere & Co.	Robert Olstein	0.69%	$3.00K	7,500	$0.40	+500	+7.14%	Add 7.14%
L LMT Lockheed Martin	Robert Olstein	0.69%	$3.00K	8,200	$0.37	+8,200	—	Buy
M META Meta Platforms, Inc.	Robert Olstein	0.69%	$3.00K	5,700	$0.53	+700	+14.00%	Add 14.00%
U UBER UBER TECHNOLOGIES INC	Robert Olstein	0.69%	$3.00K	46,000	$0.07	+18,000	+64.29%	Add 64.29%
A APD Air Products & Chemicals, Inc.	First Eagle Investment Management	0.00%	$3.00K	16	$187.50	+16	—	Buy
C CFG CITIZENS FINL GROUP INC	First Eagle Investment Management	0.00%	$3.00K	67	$44.78	+67	—	Buy
C CNS COHEN & STEERS INC	First Eagle Investment Management	0.00%	$3.00K	61	$49.18	+61	—	Buy
D DHI D R Horton, Inc. (DHI)	First Eagle Investment Management	0.00%	$3.00K	25	$120.00	+25	—	Buy
D DXCM DEXCOM INC	First Eagle Investment Management	0.00%	$3.00K	58	$51.72	+58	—	Buy
D DASH Doordash Inc Cl A	First Eagle Investment Management	0.00%	$3.00K	17	$176.47	+17	—	Buy
E ECL ECOLAB INC	First Eagle Investment Management	0.00%	$3.00K	15	$200.00	+15	—	Buy
G GPC Genuine Parts Co	First Eagle Investment Management	0.00%	$3.00K	30	$100.00	+30	—	Buy
G LOPE GRAND CANYON ED INC	First Eagle Investment Management	0.00%	$3.00K	24	$125.00	+24	—	Buy
L LPLA LPL Financial Holdings, Inc.	First Eagle Investment Management	0.00%	$3.00K	10	$300.00	+10	—	Buy
M MKTX MARKETAXESS HLDGS INC	First Eagle Investment Management	0.00%	$3.00K	22	$136.36	+22	—	Buy
M MASI MASIMO CORP	First Eagle Investment Management	0.00%	$3.00K	28	$107.14	+28	—	Buy
M MSA MSA SAFETY INC	First Eagle Investment Management	0.00%	$3.00K	24	$125.00	+24	—	Buy
O ODFL OLD DOMINION FREIGHT	First Eagle Investment Management	0.00%	$3.00K	24	$125.00	+24	—	Buy
R RRX REGAL REXNORD CORP	First Eagle Investment Management	0.00%	$3.00K	26	$115.38	+26	—	Buy
R RGA REINSURANCE GRP OF AMERICA I	First Eagle Investment Management	0.00%	$3.00K	19	$157.89	+19	—	Buy
S SE SEA LTD	First Eagle Investment Management	0.00%	$3.00K	31	$96.77	+31	—	Buy
S STE STERIS PLC	First Eagle Investment Management	0.00%	$3.00K	15	$200.00	+15	—	Buy
T TRGP TARGA RES CORP	First Eagle Investment Management	0.00%	$3.00K	21	$142.86	+21	—	Buy
T TDY Teledyne Technologies, Inc.	First Eagle Investment Management	0.00%	$3.00K	7	$428.57	+7	—	Buy
V VFC VF Corp.	First Eagle Investment Management	0.00%	$3.00K	201	$14.93	+201	—	Buy
W WCN WASTE CONNECTIONS INC	First Eagle Investment Management	0.00%	$3.00K	22	$136.36	+22	—	Buy
W WLK WESTLAKE CORPORATION	First Eagle Investment Management	0.00%	$3.00K	53	$56.60	+53	—	Buy
W WPC WP CAREY INC	First Eagle Investment Management	0.00%	$3.00K	59	$50.85	+59	—	Buy
S SOLS SOLSTICE ADVANCED MATLS INC	Robert Olstein	0.46%	$2.00K	57,700	$0.03	+57,700	—	Buy
C CENTA CENTRAL GARDEN & PET CO	Robert Olstein	0.23%	$1.00K	52,500	$0.02	+1,000	+1.94%	Add 1.94%
F FA FIRST ADVANTAGE	Robert Olstein	0.23%	$1.00K	74,000	$0.01	+3,000	+4.23%	Add 4.23%
P PGNY PROGYNY INC	Robert Olstein	0.00%	$0	36,000	$0.00	+1,000	+2.86%	Add 2.86%
T TNC TENNANT CO	Robert Olstein	0.00%	$0	13,000	$0.00	+1,350	+11.59%	Add 11.59%
P NAN Pool	Kahn Brothers Group	0.00%	$0	166,999	$0.00	+166,999	—	Buy
I TLT ISHARES TR	First Eagle Investment Management	0.00%	$0	700,000	$0.00	+700,000	—	Buy
K KPLTW KATAPULT HOLDINGS INC	David Einhorn	0.00%	$0	262,227	$0.00	+262,227	+100.00%	Buy

Frequently Asked Questions

What are the top hedge fund stock purchases in Q1 2026?

In Q1 2026, hedge funds made 1812 total buy transactions (new positions and additions). The table above ranks these purchases by dollar value, showing the largest institutional bets.

What is the difference between a new position and an addition?

A "new" position means the fund had zero shares and initiated a fresh purchase. An "addition" or "increased" position means the fund already owned shares and bought more. Both are included in the 1812 buy transactions shown above.

Are hedge fund buys a good indicator of future stock performance?

Research shows that stocks heavily bought by hedge funds tend to outperform modestly over the following quarter. However, 13F data is delayed by up to 45 days, so the edge is limited. Use it as a research starting point, not a trading signal.

What data source is used for hedge fund buy information?

All buy data comes from SEC 13F filings, which institutional managers with $100M+ in assets must file quarterly. The 1812 transactions shown represent real, verified purchases disclosed to the Securities and Exchange Commission.

Which stocks are hedge funds buying the most in 2026?

The top buys table shows 1812 stock purchases ranked by dollar amount. Large-cap technology, healthcare, and financial stocks typically dominate, but each quarter brings new opportunities based on market conditions.

How much money do hedge funds invest in their top picks?

Top hedge fund purchases often range from hundreds of millions to billions of dollars. The table above shows the exact dollar amount of each of the 1812 buy transactions, giving you insight into the size of institutional conviction.

How do I find stocks that multiple hedge funds are buying?

Check the Grand Portfolio page to see stocks owned by the most funds. Then cross-reference with this Top Buys page to identify stocks where multiple managers are adding to or initiating positions in Q1 2026.

Can I filter hedge fund buys by sector or market cap?

You can sort the table above by different columns to identify patterns. Click on any stock ticker to see its full profile, sector classification, and which other hedge funds own it.