PRIMECAP

Q2 2021 13F · by Joel Fried, portfolio manager

As of: Jun 30, 2021
Filed: Aug 10, 2021
US stock: $148.8B · prev $143.4B
Positions: 333 · prev 327
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves298 since the prior filing

+0.3 pp in · −0.3 pp out

New 12 +0.04 pp
Added 51 +0.21 pp
Trimmed 229 −0.23 pp
Exited 6 −0.02 pp

The book

Diversified · behaves like 63 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 2.7% a year, more than 30 years per position

Low
Moderate
High

Top 5 positions18% of US stock

LLY Eli Lilly & Co. trimmed+0.63 pp trimmed+0.635.2%
BIIB Biogen Inc. trimmed+0.56 pp trimmed+0.563.8%
MSFT Microsoft Corp trimmed+0.21 pp trimmed+0.213.4%
ADBE Adobe Inc. trimmed+0.32 pp trimmed+0.322.9%
FDX FedEx Corporation trimmed0.00 pp trimmed0.002.8%

Positions333 in this filing · 6 exited


LLYEli Lilly & Co.	5.24%	33,959,267	$7.8B	trimmed−4%	+0.63 pp	7 q
BIIBBiogen Inc.	3.83%	16,458,506	$5.7B	trimmed−2%	+0.56 pp	7 q
MSFTMicrosoft Corp	3.40%	18,675,549	$5.1B	trimmed−4%	+0.21 pp	7 q
ADBEAdobe Inc.	2.88%	7,323,998	$4.3B	trimmed−5%	+0.32 pp	7 q
FDXFedEx Corporation	2.76%	13,794,161	$4.1B	trimmed−1%	0.00 pp	7 q
AMGNAmgen Inc	2.66%	16,249,072	$4.0B	trimmed−3%	−0.23 pp	7 q
TXNTexas Instruments Incorporated	2.55%	19,703,319	$3.8B	trimmed−4%	−0.16 pp	7 q
MUMicron Technology, Inc.	2.49%	43,652,263	$3.7B	trimmed−4%	−0.30 pp	7 q
BABAAlibaba Group Holding Limited	2.38%	15,635,272	$3.5B	added+3%	−0.01 pp	7 q
GOOGLAlphabet Inc. Class A	2.13%	1,298,799	$3.2B	trimmed−7%	+0.13 pp	7 q
LUVSouthwest Airlines Co.	2.02%	56,511,976	$3.0B	trimmed−4%	−0.49 pp	7 q
AZNNAstrazeneca Plc-spons ADR	1.96%	48,704,193	$2.9B	trimmed−2%	+0.23 pp	7 q
TSLATesla, Inc.	1.85%	4,061,465	$2.8B	trimmed−2%	−0.08 pp	7 q
SONYSony Group Corporation	1.84%	28,191,205	$2.7B	trimmed−2%	−0.29 pp	7 q
KLACKLA Corporation	1.77%	8,105,984	$2.6B	trimmed−4%	−0.17 pp	7 q
WFCWells Fargo & Co.	1.52%	49,869,195	$2.3B	added0%	+0.17 pp	7 q
TMOThermo Fisher Scientific, Inc.	1.48%	4,377,264	$2.2B	trimmed−2%	+0.05 pp	7 q
SCHWThe Charles Schwab Corporation	1.43%	29,171,839	$2.1B	trimmed−1%	+0.09 pp	7 q
GOOGAlphabet Inc. Class C	1.42%	844,770	$2.1B	trimmed−9%	+0.08 pp	7 q
JPMJPMorgan Chase & Co.	1.34%	12,787,174	$2.0B	trimmed−5%	−0.09 pp	7 q
INTCIntel Corp	1.32%	34,918,555	$2.0B	added+2%	−0.21 pp	7 q
BIDUBaidu, Inc.	1.30%	9,495,285	$1.9B	added+1%	−0.13 pp	7 q
NTAPNetApp, Inc	1.26%	22,884,731	$1.9B	trimmed−12%	−0.05 pp	7 q
NVSNovartis AG	1.18%	19,281,850	$1.8B	trimmed−6%	−0.04 pp	7 q
BSXBoston Scientific Corp.	1.15%	40,020,445	$1.7B	trimmed−2%	+0.04 pp	7 q
BACBank of America Corporation	1.12%	40,383,131	$1.7B	trimmed−1%	+0.02 pp	7 q
BMRNBioMarin Pharmaceuticals Inc	1.01%	17,953,066	$1.5B	trimmed−1%	+0.05 pp	7 q
ROSTRoss Stores Inc	0.95%	11,454,649	$1.4B	trimmed−2%	−0.02 pp	7 q
UALUnited Airlines Holdings, Inc.	0.94%	26,675,398	$1.4B	trimmed−3%	−0.16 pp	7 q
ACMAecom	0.92%	21,693,401	$1.4B	trimmed−1%	−0.06 pp	7 q
AMZNAmazon.Com Inc	0.92%	398,620	$1.4B	trimmed−0%	+0.06 pp	7 q
ERICEricsson	0.91%	107,261,357	$1.3B	trimmed−5%	−0.13 pp	7 q
ONCBeOne Medicines Ltd.	0.89%	3,857,960	$1.3B	trimmed−1%	−0.05 pp	7 q
BMYBristol-Myers Squibb Co.	0.85%	18,928,225	$1.3B	trimmed−2%	0.00 pp	7 q
QCOMQualcomm Inc	0.84%	8,741,608	$1.2B	trimmed−6%	−0.02 pp	7 q
INTUIntuit Inc	0.78%	2,358,066	$1.2B	trimmed−5%	+0.12 pp	7 q
WHRWhirlpool Corp.	0.75%	5,141,965	$1.1B	trimmed−8%	−0.11 pp	7 q
ELANElanco Animal Health Incorporated	0.72%	30,869,932	$1.1B	trimmed−2%	+0.07 pp	7 q
FLEXFlex Ltd.	0.70%	58,504,867	$1.0B	trimmed−3%	−0.07 pp	7 q
BNTXBioNTech SE	0.69%	4,560,758	$1.0B	trimmed−5%	+0.32 pp	7 q
SPLKSplunk Inc	0.67%	6,867,151	$993M	added+21%	+0.13 pp	7 q
KMXCarMax Inc.	0.66%	7,600,358	$982M	trimmed−6%	−0.09 pp	7 q
TJXTJX Companies, Inc. (The)	0.66%	14,579,148	$983M	trimmed−2%	−0.02 pp	7 q
NVDANvidia Corp	0.64%	1,190,780	$953M	trimmed−8%	+0.16 pp	7 q
MATMattel, Inc.	0.63%	46,552,539	$936M	trimmed−1%	−0.03 pp	7 q
JECJacobs Engineering Group	0.62%	6,957,202	$928M	trimmed−2%	−0.02 pp	7 q
MSMorgan Stanley	0.62%	10,043,973	$921M	trimmed−14%	−0.01 pp	3 q
AALAmerican Airlines Group Inc.	0.61%	43,021,546	$912M	trimmed−3%	−0.13 pp	7 q
DALDelta Air Lines, Inc.	0.61%	21,118,852	$914M	trimmed−2%	−0.12 pp	7 q
MRSHMarsh	0.60%	6,346,835	$893M	trimmed−1%	+0.05 pp	7 q
VVISA Inc.	0.58%	3,690,639	$863M	trimmed−1%	+0.03 pp	7 q
HPEHewlett Packard Enterprise Company	0.56%	57,621,273	$840M	trimmed−7%	−0.12 pp	7 q
HESHess Corporation	0.55%	9,420,935	$823M	trimmed−0%	+0.08 pp	7 q
HPQHP Inc.	0.54%	26,805,026	$809M	trimmed−7%	−0.10 pp	7 q
PXDPioneer Natural Resource Co.	0.53%	4,838,896	$786M	trimmed−3%	−0.02 pp	7 q
RJFRaymond James Financial, Inc.	0.53%	6,016,415	$782M	added+10%	+0.06 pp	7 q
ADIAnalog Devices, Inc.	0.52%	4,531,475	$780M	trimmed−1%	+0.02 pp	7 q
CATCaterpillar Inc.	0.52%	3,556,145	$774M	trimmed−3%	−0.08 pp	7 q
ORCLOracle Corp	0.52%	10,006,800	$779M	trimmed−2%	+0.02 pp	7 q
SGENSeagen Inc.	0.52%	4,901,420	$774M	trimmed−2%	+0.04 pp	7 q
PYPLPayPal Holdings, Inc.	0.49%	2,523,795	$736M	trimmed−3%	+0.05 pp	7 q
ABTAbbott Laboratories	0.46%	5,880,847	$682M	trimmed−7%	−0.07 pp	7 q
UNPUnion Pacific Corp.	0.45%	3,068,812	$675M	trimmed−5%	−0.04 pp	7 q
AMATApplied Materials Inc	0.44%	4,593,435	$654M	trimmed−8%	−0.03 pp	7 q
DISThe Walt Disney Company	0.43%	3,641,687	$640M	trimmed−2%	−0.05 pp	7 q
UPSUnited Parcel Service, Inc. Class B	0.42%	3,034,343	$631M	trimmed−1%	+0.06 pp	7 q
ALBAlbemarle Corporation	0.40%	3,520,505	$593M	trimmed−5%	+0.02 pp	7 q
ABMDAbiomed Inc	0.39%	1,856,792	$580M	trimmed−3%	−0.04 pp	7 q
ZBHZimmer Biomet Holdings, Inc.	0.39%	3,600,490	$579M	added+3%	0.00 pp	7 q
ASMLASML Holding NV	0.39%	840,554	$581M	trimmed−6%	0.00 pp	5 q
AIYActivision Blizzard Inc	0.36%	5,614,000	$536M	trimmed−7%	−0.03 pp	7 q
TRMBTrimble Inc.	0.35%	6,321,558	$517M	trimmed−7%	−0.02 pp	7 q
BBBlackBerry Limited	0.34%	41,649,670	$509M	trimmed−5%	+0.08 pp	7 q
OLEDUniversal Display Corp	0.34%	2,277,609	$506M	added+1%	−0.03 pp	7 q
DFSDiscover Financial Services	0.33%	4,100,802	$485M	trimmed−8%	+0.04 pp	7 q
CSCOCisco Systems, Inc. (DE)	0.32%	8,957,190	$475M	trimmed−3%	−0.01 pp	7 q
LBBath & Body Works, Inc.	0.31%	6,367,064	$459M	trimmed−29%	−0.08 pp	7 q
NTRSNorthern Trust Corp	0.31%	3,935,137	$455M	trimmed−1%	+0.02 pp	7 q
GLWCorning Incorporated	0.30%	11,013,987	$450M	trimmed−6%	−0.06 pp	7 q
METAMeta Platforms, Inc. Class A	0.30%	1,300,685	$452M	trimmed−5%	+0.02 pp	7 q
RCLRoyal Caribbean Group	0.30%	5,316,381	$453M	trimmed−2%	−0.02 pp	7 q
ENTGEntegris Inc	0.29%	3,517,941	$433M	trimmed−4%	0.00 pp	7 q
TXTTextron, Inc.	0.29%	6,187,630	$426M	trimmed−2%	+0.04 pp	7 q
AAgilent Technologies Inc.	0.28%	2,862,741	$423M	trimmed−4%	+0.02 pp	7 q
PODDInsulet Corporation	0.27%	1,468,080	$403M	trimmed−3%	−0.01 pp	7 q
TDGTransDigm Group Incorporated	0.27%	611,194	$396M	trimmed−0%	+0.02 pp	7 q
CCLCarnival Corporation Ltd.	0.26%	14,588,627	$385M	trimmed−1%	−0.01 pp	7 q
CVSCvs Health Corporation	0.25%	4,382,935	$366M	trimmed−3%	+0.01 pp	7 q
CCitigroup Inc.	0.23%	4,845,046	$343M	trimmed−2%	−0.02 pp	7 q
ILMNIllumina Inc	0.23%	712,848	$337M	trimmed−2%	+0.04 pp	7 q
LIVNLivaNova PLC	0.23%	4,023,725	$338M	added0%	+0.02 pp	7 q
FGENKyntra Bio, Inc.	0.22%	12,543,548	$334M	added+7%	−0.06 pp	7 q
ALKAlaska Air Group, Inc.	0.21%	5,067,177	$306M	trimmed−1%	−0.04 pp	7 q
AAPLApple Inc.	0.21%	2,332,800	$320M	trimmed−14%	−0.02 pp	7 q
NKTRNektar Therapeutics	0.21%	18,081,772	$310M	trimmed−0%	−0.04 pp	7 q
DSGXDescartes Systems Group Inc	0.20%	4,355,165	$301M	trimmed−6%	0.00 pp	7 q
NUANNuance Communications, Inc.	0.20%	5,435,324	$296M	trimmed−9%	+0.02 pp	7 q
XPEVXPeng Inc.	0.20%	6,646,677	$295M	added+54%	+0.09 pp	4 q
GSGoldman Sachs Group Inc.	0.19%	759,550	$288M	trimmed−2%	+0.01 pp	3 q
USBU.S. Bancorp	0.19%	4,889,550	$279M	trimmed−1%	0.00 pp	7 q
EOGEOG Resources, Inc.	0.18%	3,150,629	$263M	trimmed−2%	+0.02 pp	7 q
JBLUJetBlue Airways Corp	0.18%	16,157,225	$271M	trimmed−3%	−0.06 pp	7 q
CARRCarrier Global Corporation	0.17%	5,055,152	$246M	trimmed−1%	+0.02 pp	5 q
unresolvedCree Inc	0.17%	2,554,050	$250M	trimmed−1%	−0.02 pp	7 q
EWEdwards Lifesciences Corp	0.17%	2,425,500	$251M	held	—	7 q
IRBTiRobot Corporation	0.17%	2,714,213	$253M	trimmed−5%	−0.07 pp	7 q
LYFTLyft, Inc. Class A	0.17%	4,201,931	$254M	added+8%	0.00 pp	7 q
RVTYRevvity, Inc.	0.17%	1,603,855	$248M	trimmed−5%	+0.02 pp	7 q
PLTPlantronics Inc	0.17%	6,087,150	$254M	added0%	+0.01 pp	7 q
CMECME Group Inc.	0.16%	1,096,130	$233M	trimmed−0%	0.00 pp	7 q
KEYSKeysight Technologies, Inc.	0.16%	1,513,495	$234M	trimmed−5%	0.00 pp	7 q
JBLJabil Inc.	0.15%	3,795,500	$221M	trimmed−3%	+0.01 pp	7 q
RIGTransocean LTD.	0.15%	48,045,306	$217M	trimmed−1%	+0.03 pp	7 q
CHTRCharter Comm Inc Del CL A New	0.14%	293,670	$212M	trimmed−1%	+0.01 pp	7 q
CWCurtiss-Wright Corp.	0.14%	1,791,980	$213M	trimmed−0%	−0.01 pp	7 q
GDGeneral Dynamics Corporation	0.14%	1,072,098	$202M	trimmed−5%	0.00 pp	7 q
TMUST-Mobile US, Inc.	0.14%	1,462,931	$212M	trimmed−10%	0.00 pp	7 q
CPRICapri Holdings Limited	0.14%	3,651,500	$209M	trimmed−2%	+0.01 pp	7 q
MDTMedtronic plc	0.14%	1,736,850	$216M	trimmed−19%	−0.04 pp	7 q
EBAYeBay Inc	0.13%	2,765,150	$194M	trimmed−1%	+0.01 pp	7 q
MKTXMarketAxess Holdings Inc.	0.13%	426,060	$198M	added+14%	0.00 pp	7 q
MXLMaxLinear, Inc.	0.13%	4,536,402	$193M	trimmed−1%	+0.02 pp	7 q
AMEAmetek, Inc.	0.12%	1,294,540	$173M	trimmed−1%	0.00 pp	6 q
ADSKAutodesk Inc	0.12%	608,000	$177M	trimmed−0%	0.00 pp	7 q
BURLBurlington Stores, Inc.	0.12%	557,250	$179M	trimmed−1%	0.00 pp	7 q
DEDeere & Company	0.12%	513,790	$181M	trimmed−2%	−0.02 pp	7 q
DDDuPont de Nemours, Inc.	0.12%	2,241,203	$173M	trimmed−1%	0.00 pp	7 q
TERTeradyne, Inc.	0.12%	1,320,930	$177M	trimmed−6%	0.00 pp	7 q
XNCRXencor, Inc.	0.12%	5,296,672	$183M	trimmed−0%	−0.04 pp	7 q
DOWDow Inc.	0.11%	2,496,335	$158M	trimmed−1%	0.00 pp	7 q
PGRProgressive Corporation	0.11%	1,711,900	$168M	trimmed−2%	−0.01 pp	7 q
ALKSAlkermes Inc. plc	0.11%	6,558,420	$161M	trimmed−2%	+0.02 pp	7 q
CHGGChegg, Inc.	0.10%	1,829,700	$152M	trimmed−3%	−0.01 pp	7 q
HUBSHubspot, Inc.	0.10%	249,992	$146M	trimmed−3%	+0.02 pp	7 q
IQVIQVIA Holdings Inc.	0.10%	606,877	$147M	trimmed−1%	+0.02 pp	6 q
NWLNewell Brands Inc.	0.10%	5,568,800	$153M	trimmed−8%	−0.01 pp	7 q
WEXWEX Inc.	0.10%	799,764	$155M	added+41%	+0.02 pp	2 q
CSXCSX Corporation	0.09%	4,232,400	$136M	trimmed−11%	−0.02 pp	7 q
CRLCharles River Laboratories International, Inc.	0.09%	365,510	$135M	trimmed−1%	+0.02 pp	7 q
DLTRDollar Tree Inc.	0.09%	1,350,850	$134M	added+33%	+0.01 pp	5 q
EAElectronic Arts Inc	0.09%	898,975	$129M	trimmed−2%	0.00 pp	7 q
EPZMEpizyme, Inc	0.09%	15,287,477	$127M	added0%	0.00 pp	7 q
MARMarriott International Class A	0.09%	1,019,046	$139M	trimmed−1%	−0.02 pp	7 q
NTNXNutanix, Inc. Class A	0.09%	3,491,885	$133M	added+1%	+0.03 pp	7 q
OTISOtis Worldwide Corporation	0.09%	1,675,448	$137M	trimmed−1%	+0.01 pp	5 q
FORMFormFactor Inc.	0.08%	3,208,892	$117M	trimmed−4%	−0.02 pp	7 q
FCXFreeport-McMoran Inc.	0.08%	3,221,400	$120M	trimmed−9%	0.00 pp	3 q
PINSPinterest, Inc. Class A	0.08%	1,479,200	$117M	trimmed−5%	0.00 pp	7 q
RYTMRhythm Pharmaceuticals, Inc.	0.08%	6,153,691	$120M	added+2%	−0.01 pp	7 q
SYKStryker Corporation	0.08%	475,000	$123M	trimmed−1%	0.00 pp	7 q
SYYSysco Corporation	0.08%	1,475,200	$115M	added+23%	+0.01 pp	2 q
WDCWestern Digital Corp.	0.08%	1,579,427	$112M	trimmed−1%	+0.01 pp	7 q
SSYSStratasys Inc (ISRAEL)	0.08%	4,358,699	$113M	trimmed−4%	0.00 pp	7 q
MAMastercard Incorporated	0.07%	278,550	$102M	trimmed−1%	0.00 pp	7 q
ALLOAllogene Therapeutics, Inc.	0.06%	3,577,030	$93M	added×2.7	+0.03 pp	3 q
ACLSAxcelis Technologies Inc	0.06%	2,294,630	$93M	trimmed−2%	−0.01 pp	7 q
CTVACorteva, Inc.	0.06%	2,103,571	$93M	trimmed−2%	−0.01 pp	7 q
FISFidelity National Information Services, Inc.	0.06%	652,400	$92M	added+1%	0.00 pp	2 q
IEXIDEX Corporation	0.06%	431,540	$95M	trimmed−3%	0.00 pp	7 q
LYVLive Nation Entertainment Inc.	0.06%	1,043,285	$91M	added0%	0.00 pp	4 q
LUNGPulmonx Corporation	0.06%	1,959,343	$86M	added+64%	+0.02 pp	3 q
QSRRestaurant Brands International Inc.	0.06%	1,390,900	$90M	held	—	7 q
ROKRockwell Automation, Inc.	0.06%	287,830	$82M	trimmed−1%	+0.01 pp	7 q
TTWOTake-Two Interactive Software Inc	0.06%	503,570	$89M	added+4%	0.00 pp	3 q
TWTradeweb Markets Inc. Class A	0.06%	1,055,705	$89M	trimmed−0%	+0.01 pp	7 q
VMWVMware, Inc	0.06%	545,600	$87M	trimmed−14%	−0.01 pp	7 q
99952EURLinde PLC/OLD	0.06%	285,500	$83M	trimmed−4%	0.00 pp	7 q
CTRACoterra Energy Inc.	0.05%	4,608,550	$80M	trimmed−6%	−0.01 pp	7 q
CRNCCerence Inc.	0.05%	679,611	$73M	trimmed−6%	0.00 pp	7 q
EXKExact Sciences Corp	0.05%	575,800	$72M	trimmed−2%	0.00 pp	7 q
HLTHilton Worldwide Holdings Inc.	0.05%	593,565	$72M	trimmed−5%	0.00 pp	7 q
LHXL3Harris Technologies, Inc.	0.05%	311,100	$67M	trimmed−4%	0.00 pp	6 q
PANWPalo Alto Networks, Inc.	0.05%	198,479	$74M	trimmed−0%	+0.01 pp	7 q
RTXRTX Corporation	0.05%	947,462	$81M	trimmed−14%	−0.01 pp	7 q
SNYSanofi	0.05%	1,380,110	$73M	trimmed−1%	0.00 pp	7 q
SWAVShockwave Medical, Inc.	0.05%	356,900	$68M	trimmed−0%	+0.02 pp	4 q
UUnity Software Inc.	0.05%	693,224	$76M	trimmed−2%	0.00 pp	4 q
VLOValero Energy Corporation	0.05%	1,016,100	$79M	trimmed−3%	0.00 pp	3 q
ZNTLZentalis Pharmaceuticals, Inc.	0.05%	1,348,610	$72M	added+1%	+0.01 pp	5 q
NCLHNorwegian Cruise Line Holdings Ltd.	0.05%	2,619,070	$77M	trimmed−3%	0.00 pp	7 q
ALTRAltair Engineering Inc. Class A	0.04%	912,980	$63M	trimmed−5%	0.00 pp	7 q
MOAltria Group, Inc.	0.04%	1,251,624	$60M	held	—	7 q
CERSCerus Corp	0.04%	10,118,100	$60M	trimmed−1%	0.00 pp	7 q
CRWDCrowdStrike Holdings, Inc. Class A	0.04%	247,615	$62M	trimmed−3%	+0.01 pp	7 q
HONHoneywell International, Inc.	0.04%	240,000	$53M	held	—	7 q
LVSLas Vegas Sands Corp.	0.04%	1,171,900	$62M	added0%	−0.01 pp	7 q
LOWLowe's Companies Inc.	0.04%	282,000	$55M	held	—	2 q
MCDMcDonald's Corporation	0.04%	236,500	$55M	held	—	7 q
NMIHNMI Holdings Inc.	0.04%	2,684,549	$60M	trimmed−10%	−0.01 pp	7 q
ODFLOld Dominion Freight Line	0.04%	247,650	$63M	trimmed−4%	0.00 pp	7 q
PROPros Holdings, Inc.	0.04%	1,294,253	$59M	trimmed−2%	0.00 pp	7 q
RNGRingcentral, Inc.	0.04%	184,950	$54M	added0%	0.00 pp	6 q
SW5Southwestern Energy Co	0.04%	10,597,325	$60M	added0%	+0.01 pp	7 q
ALCAlcon Inc.	0.04%	913,618	$64M	trimmed−2%	−0.01 pp	7 q
AXONAxon Enterprise, Inc.	0.03%	262,000	$46M	trimmed−4%	0.00 pp	7 q
BJBJs Wholesale Club Holdings, Inc.	0.03%	845,700	$40M	trimmed−0%	0.00 pp	7 q
CMCSAComcast Corp	0.03%	824,307	$47M	trimmed−13%	−0.01 pp	7 q
DELLDell Technologies Inc.	0.03%	471,429	$47M	trimmed−1%	0.00 pp	7 q
GKOSGlaukos Corporation	0.03%	444,500	$38M	added+2%	0.00 pp	7 q
MRKMerck & Co., Inc.	0.03%	520,700	$40M	trimmed−56%	−0.03 pp	7 q
MDBMongoDB, Inc. Class A	0.03%	142,900	$52M	held	—	4 q
LASRnLIGHT, Inc.	0.03%	1,187,524	$43M	added+1%	0.00 pp	7 q
OSISOSI Systems Inc	0.03%	379,950	$39M	trimmed−1%	0.00 pp	7 q
RYAAYRyanair Holdings plc	0.03%	462,600	$50M	trimmed−3%	−0.01 pp	7 q
unresolvedTurning Point Therapeutics I	0.03%	521,560	$41M	added+12%	0.00 pp	5 q
UBERUber Technologies, Inc.	0.03%	956,250	$48M	trimmed−1%	−0.01 pp	5 q
XPOXPO, Inc.	0.03%	324,300	$45M	added+15%	+0.01 pp	2 q
GANGan Ltd	0.03%	2,769,532	$46M	added×2.6	+0.02 pp	5 q
PNRPentair plc	0.03%	713,810	$48M	trimmed−0%	0.00 pp	7 q
OPTUOptimum Communications, Inc.	0.02%	836,800	$29M	held	—	6 q
AMHAmerican Homes 4 Rent	0.02%	633,550	$25M	trimmed−27%	0.00 pp	5 q
ARNAArena Pharmaceuticals Inc	0.02%	496,800	$34M	trimmed−1%	0.00 pp	7 q
ARLOArlo Technologies, Inc.	0.02%	5,435,270	$37M	added+11%	0.00 pp	7 q
BBIOBridgeBio Pharma, Inc.	0.02%	446,860	$27M	added+26%	0.00 pp	2 q
unresolvedColfax Corp	0.02%	612,600	$28M	trimmed−0%	0.00 pp	7 q
SCORcomScore, Inc.	0.02%	5,467,047	$27M	trimmed−0%	+0.01 pp	7 q
DASHDoorDash, Inc. Class A	0.02%	202,620	$36M	trimmed−6%	0.00 pp	3 q
LABStandard BioTools Inc.	0.02%	5,342,153	$33M	trimmed−1%	0.00 pp	7 q
ROCKGibraltar Industries, Inc.	0.02%	372,100	$28M	trimmed−1%	0.00 pp	7 q
IMAXImax Corp	0.02%	1,384,900	$30M	trimmed−15%	0.00 pp	7 q
KEXKirby Corporation	0.02%	450,100	$27M	held	—	3 q
LPLALPL Financial Holdings Inc.	0.02%	204,000	$28M	held	—	6 q
MGMMgm Resorts International	0.02%	856,450	$37M	trimmed−0%	0.00 pp	7 q
SPHRSphere Entertainment Co.	0.02%	427,001	$36M	added+98%	+0.01 pp	5 q
MATXMatsons, Inc.	0.02%	390,592	$25M	trimmed−0%	0.00 pp	7 q
MAXRMaxar Technologies Inc.	0.02%	897,240	$36M	added+10%	0.00 pp	7 q
NNBRNN Inc	0.02%	3,376,100	$25M	trimmed−33%	0.00 pp	7 q
NSCNorfolk Southern Corp.	0.02%	117,100	$31M	trimmed−1%	0.00 pp	7 q
NUVANuVasive, Inc.	0.02%	388,800	$26M	trimmed−3%	0.00 pp	7 q
CRMSalesforce, Inc.	0.02%	130,000	$32M	held	—	7 q
TSNTyson Foods, Inc.	0.02%	413,300	$30M	trimmed−1%	0.00 pp	7 q
ULTAUlta Beauty, Inc.	0.02%	75,300	$26M	held	—	7 q
XMTRXometry, Inc. Class A	0.02%	300,000	$26M	new	+0.02 pp	new
AMBAAmbarella, Inc.	0.02%	318,200	$34M	added+8%	0.00 pp	4 q
NVTnVent Electric plc	0.02%	887,900	$28M	held	—	7 q
WVEWave Life Sciences Ltd.	0.02%	4,587,566	$31M	trimmed−2%	0.00 pp	7 q
ADPTAdaptive Biotechnologies Corporation	0.01%	219,500	$9M	added+4%	0.00 pp	6 q
AM6Amicus Therapeutics Inc	0.01%	1,845,000	$18M	trimmed−13%	0.00 pp	7 q
AZOAutoZone, Inc.	0.01%	5,275	$8M	held	—	7 q
EATBrinker International, Inc.	0.01%	351,200	$22M	new	+0.01 pp	new
CALACalithera Biosciences Inc	0.01%	10,343,700	$22M	added0%	−0.01 pp	7 q
CCJCameco Corporation	0.01%	730,700	$14M	trimmed−1%	0.00 pp	7 q
DHRDanaher Corporation	0.01%	62,026	$17M	new	+0.01 pp	new
DRIDarden Restaurants, Inc.	0.01%	51,800	$8M	held	—	5 q
DOCUDocuSign, Inc.	0.01%	30,725	$9M	trimmed−8%	+0.01 pp	3 q
EPREPR Properties	0.01%	237,889	$13M	trimmed−4%	0.00 pp	5 q
unresolvedGlaxosmithkline PLC	0.01%	551,400	$22M	trimmed−1%	0.00 pp	7 q
GHGuardant Health, Inc.	0.01%	140,952	$18M	held	—	4 q
HANHawaiian Holdings Inc	0.01%	315,401	$8M	trimmed−3%	0.00 pp	7 q
HCATHealth Catalyst, Inc	0.01%	233,015	$13M	added+5%	0.00 pp	5 q
NGVTIngevity Corporation	0.01%	100,000	$8M	added×2.0	+0.01 pp	7 q
MTSIMACOM Technology Solutions Holdings, Inc	0.01%	153,900	$10M	trimmed−1%	0.00 pp	7 q
MGNIMagnite, Inc.	0.01%	266,500	$9M	trimmed−11%	0.00 pp	7 q
DOORMasonite International Corp	0.01%	193,200	$22M	added+11%	0.00 pp	6 q
MTLSMaterialise NV	0.01%	365,224	$9M	trimmed−10%	0.00 pp	7 q
MASS908 Devices Inc.	0.01%	297,257	$12M	trimmed−10%	0.00 pp	3 q
ORLYO'Reilly Automotive, Inc.	0.01%	16,000	$9M	held	—	2 q
OMCLOmnicell Inc	0.01%	54,137	$8M	added+62%	+0.01 pp	2 q
OSUROraSure Technologies Inc	0.01%	1,056,200	$11M	trimmed−2%	0.00 pp	7 q
PENPenumbra, Inc.	0.01%	50,310	$14M	trimmed−2%	0.00 pp	7 q
PMPhilip Morris International Inc.	0.01%	155,000	$15M	held	—	7 q
RPDRapid7, Inc.	0.01%	205,400	$19M	trimmed−1%	0.00 pp	7 q
SF9Sanderson Farms Inc	0.01%	74,400	$14M	trimmed−3%	0.00 pp	5 q
SAICScience Applications International Corporation	0.01%	167,800	$15M	held	—	6 q
6SSServicesource International	0.01%	8,351,233	$12M	trimmed−0%	0.00 pp	7 q
unresolvedSkillz Inc	0.01%	426,100	$9M	held	—	3 q
SNAPSnap Inc.	0.01%	253,600	$17M	held	—	5 q
SAVEQSpirit Airlines, Inc.	0.01%	338,600	$10M	trimmed−1%	0.00 pp	7 q
VGVonage Holdings Corp	0.01%	620,100	$9M	trimmed−12%	0.00 pp	4 q
WATWaters Corp	0.01%	40,998	$14M	held	—	3 q
WSCWillScot Holdings Corporation Class A	0.01%	338,200	$9M	trimmed−13%	0.00 pp	5 q
GTMZoomInfo Technologies Inc	0.01%	323,839	$17M	added+1%	0.00 pp	5 q
CYBRCyberark Software LTD/ISRAEL	0.01%	102,050	$13M	added+9%	0.00 pp	7 q
ARAYAccuray Incorporated	0.00%	840,000	$4M	trimmed−45%	−0.01 pp	7 q
AREAlexandria Real Estate Equities, Inc.	0.00%	25,000	$5M	trimmed−79%	−0.01 pp	7 q
ALGTAllegiant Travel Company	0.00%	9,750	$2M	trimmed−21%	0.00 pp	7 q
AXPAmerican Express Company	0.00%	18,800	$3M	held	—	7 q
ABUSArbutus Biopharma Corporation	0.00%	500,000	$2M	held	—	7 q
ANETArista Networks	0.00%	2,650	$960,000	trimmed−16%	0.00 pp	7 q
AWIArmstrong World Industries, Inc.	0.00%	10,000	$1M	trimmed−55%	0.00 pp	7 q
HOMEAt Home Group Inc.	0.00%	112,100	$4M	held	—	7 q
unresolvedAudacy Inc	0.00%	924,300	$4M	new	0.00 pp	new
BLIBerkeley Lights, Inc.	0.00%	21,658	$970,000	held	—	2 q
BYNDBeyond Meat, Inc.	0.00%	18,800	$3M	held	—	3 q
BEBloom Energy Corporation	0.00%	49,600	$1M	trimmed−14%	0.00 pp	7 q
BOOTBoot Barn Holdings, Inc.	0.00%	75,000	$6M	held	—	7 q
CBOECboe Global Markets, Inc.	0.00%	39,300	$5M	trimmed−29%	0.00 pp	7 q
CVGWCalavo Growers Inc	0.00%	115,900	$7M	trimmed−37%	−0.01 pp	7 q
CECelanese Corporation	0.00%	8,000	$1M	trimmed−27%	0.00 pp	7 q
CERNCerner Corp	0.00%	19,400	$2M	held	—	7 q
CIENCiena Corporation	0.00%	58,085	$3M	held	—	5 q
STZConstellation Brands, Inc.	0.00%	25,700	$6M	held	—	7 q
VLRSControladora Vuela Compania De Aviacion, S.a.b. De C.v.	0.00%	72,000	$1M	held	—	7 q
NCSCornerstone Building Brands	0.00%	165,000	$3M	trimmed−51%	0.00 pp	7 q
DBDDiebold Nixdorf, Incorporated	0.00%	269,760	$3M	held	—	7 q
96669EURDmrc LLC	0.00%	101,000	$3M	trimmed−43%	0.00 pp	7 q
FAROFaro Technologies Inc	0.00%	75,200	$6M	trimmed−0%	0.00 pp	7 q
FIVEFive Below, Inc.	0.00%	22,400	$4M	trimmed−3%	0.00 pp	7 q
ULCCFrontier Group Holdings, Inc.	0.00%	56,000	$954,000	new	0.00 pp	new
GILGildan Activewear Inc.	0.00%	108,340	$4M	held	—	7 q
GEF.BGreif, Inc. Class B	0.00%	30,000	$2M	trimmed−9%	0.00 pp	7 q
DOCHealthpeak Properties, Inc.	0.00%	47,600	$2M	trimmed−72%	0.00 pp	3 q
HUMHumana Inc.	0.00%	15,708	$7M	new	0.00 pp	new
IMGNImmunogen Inc	0.00%	803,827	$5M	trimmed−5%	0.00 pp	7 q
JAMFJamf Holding Corp.	0.00%	71,500	$2M	new	0.00 pp	new
JELDJELD-WEN Holding, Inc.	0.00%	118,900	$3M	added×4.1	0.00 pp	2 q
MSGSMadison Square Garden Sports Corp.	0.00%	6,773	$1M	trimmed−1%	0.00 pp	6 q
MBIIMarrone Bio Innovations, Inc.	0.00%	1,924,000	$3M	trimmed−1%	0.00 pp	7 q
MREOMereo BioPharma Group plc	0.00%	488,938	$2M	trimmed−0%	0.00 pp	7 q
AVOMission Produce, Inc.	0.00%	58,108	$1M	trimmed−69%	0.00 pp	3 q
NFLXNetFlix Inc	0.00%	5,500	$3M	held	—	7 q
NFENew Fortress Energy Inc. Class A	0.00%	48,400	$2M	trimmed−1%	0.00 pp	4 q
NOKNokia Corporation	0.00%	1,327,770	$7M	trimmed−20%	0.00 pp	7 q
OKTAOkta, Inc. Class A	0.00%	11,200	$3M	held	—	6 q
unresolvedOlink Hldg AB	0.00%	42,300	$1M	trimmed−79%	−0.01 pp	2 q
OGNOrganon & Co.	0.00%	52,420	$2M	new	0.00 pp	new
PBHPrestige Consumer Healthcare Inc.	0.00%	31,400	$2M	held	—	7 q
RMBSRambus Inc	0.00%	295,289	$7M	trimmed−7%	0.00 pp	7 q
RGENRepligen Corp	0.00%	23,387	$5M	new	0.00 pp	new
SAFESafehold Inc.	0.00%	58,900	$5M	added×4.5	0.00 pp	3 q
SLBSLB Limited	0.00%	144,900	$5M	trimmed−1%	0.00 pp	7 q
SEERSeer, Inc. Class A	0.00%	72,740	$2M	trimmed−23%	0.00 pp	3 q
AXONSio Gene Therapies Inc	0.00%	52,325	$143,000	held	—	7 q
SNCYSun Country Airlines Holdings, Inc.	0.00%	88,900	$3M	added+2%	0.00 pp	2 q
TXG10x Genomics, Inc. Class A	0.00%	7,650	$1M	held	—	6 q
unresolvedTuesday Morning Corp	0.00%	1,580,000	$7M	new	0.00 pp	new
TSPHCreateai Holdings Inc A	0.00%	100,200	$7M	new	0.00 pp	new
unresolved2U Inc	0.00%	169,700	$7M	held	—	7 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.00%	9,404	$4M	held	—	5 q
VFCV.F. Corporation	0.00%	50,000	$4M	trimmed−87%	−0.02 pp	7 q
ZMZoom Communications, Inc. Class A	0.00%	4,100	$2M	added+9%	0.00 pp	6 q
PDACPeridot Acquisition Corp -a	0.00%	36,800	$448,000	new	0.00 pp	new
FTITechnipFMC plc	0.00%	193,100	$2M	trimmed−65%	0.00 pp	7 q
LGF.BLions Gate Entertainment Corp. Class B Non-Voting Shares	—	−592,900	—	exited	−0.01 pp	—
PRSPPerspecta Inc	—	−580,564	—	exited	−0.01 pp	—
ANGIAngi Inc. Class A	—	−115,000	—	exited	0.00 pp	—
ETMEntercom Communications	—	−924,300	—	exited	0.00 pp	—
unresolvedPluralsight	—	−189,400	—	exited	0.00 pp	—
TPCOTribune Publishing Company	—	−198,500	—	exited	0.00 pp	—