PRIMECAP

Q2 2022 13F · by Joel Fried, portfolio manager

As of: Jun 30, 2022
Filed: Aug 11, 2022
US stock: $111.9B · prev $132.6B
Positions: 341 · prev 339
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%

Moves292 since the prior filing

+1.3 pp in · −1.3 pp out

New 7 +0.06 pp
Added 51 +1.26 pp
Trimmed 229 −1.22 pp
Exited 5 −0.05 pp

The book

Diversified · behaves like 52 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 4.2% a year, about 23.9 years per position

Low
Moderate
High

Top 5 positions21% of US stock

LLY Eli Lilly & Co. trimmed+2.00 pp trimmed+2.008.2%
MSFT Microsoft Corp trimmed−0.22 pp trimmed−0.223.4%
AMGN Amgen Inc trimmed+0.53 pp trimmed+0.533.4%
BIIB Biogen Inc. trimmed+0.35 pp trimmed+0.352.9%
FDX FedEx Corporation added+0.41 pp added+0.412.7%

Positions341 in this filing · 5 exited


LLYEli Lilly & Co.	8.24%	28,438,488	$9.2B	trimmed−2%	+2.00 pp	11 q
MSFTMicrosoft Corp	3.42%	14,893,720	$3.8B	trimmed−5%	−0.22 pp	11 q
AMGNAmgen Inc	3.40%	15,638,620	$3.8B	trimmed−1%	+0.53 pp	11 q
BIIBBiogen Inc.	2.87%	15,726,526	$3.2B	trimmed−1%	+0.35 pp	11 q
FDXFedEx Corporation	2.72%	13,433,592	$3.0B	added+1%	+0.41 pp	11 q
AZNNAstrazeneca Plc-spons ADR	2.71%	45,813,820	$3.0B	trimmed−1%	+0.39 pp	11 q
TXNTexas Instruments Incorporated	2.41%	17,517,767	$2.7B	trimmed−1%	−0.04 pp	11 q
ADBEAdobe Inc.	2.12%	6,471,818	$2.4B	trimmed−1%	−0.12 pp	11 q
GOOGLAlphabet Inc. Class A	2.12%	1,086,744	$2.4B	trimmed−2%	−0.20 pp	11 q
KLACKLA Corporation	2.05%	7,181,354	$2.3B	trimmed−2%	+0.02 pp	11 q
TSLATesla, Inc.	2.05%	3,405,420	$2.3B	trimmed−1%	−0.75 pp	11 q
MUMicron Technology, Inc.	2.00%	40,420,216	$2.2B	trimmed−1%	−0.40 pp	11 q
TMOThermo Fisher Scientific, Inc.	1.87%	3,852,452	$2.1B	trimmed−2%	+0.12 pp	11 q
SONYSony Group Corporation	1.85%	25,331,098	$2.1B	trimmed−2%	−0.15 pp	11 q
BABAAlibaba Group Holding Limited	1.76%	17,367,887	$2.0B	added0%	+0.34 pp	11 q
LUVSouthwest Airlines Co.	1.71%	52,919,924	$1.9B	trimmed−1%	−0.14 pp	11 q
WFCWells Fargo & Co.	1.71%	48,828,325	$1.9B	trimmed−1%	−0.09 pp	11 q
INTCIntel Corp	1.63%	48,598,246	$1.8B	added+12%	+0.01 pp	11 q
BMYBristol-Myers Squibb Co.	1.53%	22,211,705	$1.7B	trimmed−1%	+0.30 pp	11 q
GOOGAlphabet Inc. Class C	1.43%	732,292	$1.6B	trimmed−1%	−0.14 pp	11 q
NVSNovartis AG	1.33%	17,604,080	$1.5B	trimmed−1%	+0.15 pp	11 q
BMRNBioMarin Pharmaceuticals Inc	1.31%	17,678,485	$1.5B	trimmed−1%	+0.28 pp	11 q
BIDUBaidu, Inc.	1.27%	9,557,829	$1.4B	added0%	+0.32 pp	11 q
BSXBoston Scientific Corp.	1.26%	37,819,609	$1.4B	trimmed−0%	−0.01 pp	11 q
ACMAecom	1.13%	19,398,916	$1.3B	trimmed−3%	−0.03 pp	11 q
RJFRaymond James Financial, Inc.	1.09%	13,589,617	$1.2B	added+17%	+0.13 pp	11 q
JPMJPMorgan Chase & Co.	1.03%	10,211,169	$1.1B	trimmed−2%	−0.04 pp	11 q
PXDPioneer Natural Resource Co.	1.03%	5,187,746	$1.2B	trimmed−0%	+0.05 pp	11 q
NTAPNetApp, Inc	0.97%	16,572,454	$1.1B	trimmed−2%	−0.08 pp	11 q
MATMattel, Inc.	0.89%	44,820,909	$1.0B	trimmed−1%	+0.13 pp	11 q
HESHess Corporation	0.88%	9,321,840	$988M	added+1%	+0.13 pp	11 q
UALUnited Airlines Holdings, Inc.	0.78%	24,670,328	$874M	trimmed−1%	−0.09 pp	11 q
QCOMQualcomm Inc	0.77%	6,738,249	$861M	trimmed−2%	−0.02 pp	11 q
ORCLOracle Corp	0.75%	12,019,801	$840M	added+16%	+0.11 pp	11 q
BACBank of America Corporation	0.73%	26,062,026	$811M	trimmed−14%	−0.21 pp	11 q
SGENSeagen Inc.	0.73%	4,588,610	$812M	trimmed−1%	+0.23 pp	11 q
JECJacobs Engineering Group	0.72%	6,350,917	$807M	trimmed−4%	+0.04 pp	11 q
ROSTRoss Stores Inc	0.71%	11,315,444	$795M	trimmed−0%	−0.06 pp	11 q
TJXTJX Companies, Inc. (The)	0.71%	14,164,848	$791M	trimmed−0%	+0.06 pp	11 q
VVISA Inc.	0.71%	4,057,034	$799M	trimmed−1%	+0.03 pp	11 q
HPQHP Inc.	0.70%	23,878,130	$783M	trimmed−1%	+0.04 pp	11 q
FLEXFlex Ltd.	0.70%	54,204,896	$784M	trimmed−1%	−0.06 pp	11 q
MRSHMarsh	0.68%	4,918,446	$764M	trimmed−2%	+0.03 pp	11 q
WHRWhirlpool Corp.	0.68%	4,895,285	$758M	trimmed−1%	+0.03 pp	11 q
INTUIntuit Inc	0.67%	1,953,906	$753M	trimmed−1%	−0.04 pp	11 q
SPLKSplunk Inc	0.66%	8,365,550	$740M	added+6%	−0.22 pp	11 q
HPEHewlett Packard Enterprise Company	0.64%	53,923,633	$715M	trimmed−3%	−0.06 pp	11 q
SCHWThe Charles Schwab Corporation	0.64%	11,267,941	$712M	trimmed−37%	−0.49 pp	11 q
ERICEricsson	0.59%	89,351,277	$661M	trimmed−6%	−0.07 pp	11 q
ONCBeOne Medicines Ltd.	0.58%	4,031,449	$652M	added+9%	+0.05 pp	11 q
ADIAnalog Devices, Inc.	0.56%	4,277,120	$625M	trimmed−1%	+0.02 pp	11 q
BNTXBioNTech SE	0.56%	4,201,298	$626M	trimmed−1%	+0.01 pp	11 q
DALDelta Air Lines, Inc.	0.55%	21,301,956	$617M	added+12%	−0.02 pp	11 q
MSMorgan Stanley	0.55%	8,049,204	$612M	trimmed−4%	0.00 pp	7 q
ELANElanco Animal Health Incorporated	0.54%	30,551,465	$600M	trimmed−1%	−0.07 pp	11 q
UNPUnion Pacific Corp.	0.51%	2,651,100	$565M	trimmed−2%	−0.05 pp	11 q
KMXCarMax Inc.	0.50%	6,227,927	$564M	trimmed−5%	+0.02 pp	11 q
ALBAlbemarle Corporation	0.48%	2,549,320	$533M	trimmed−2%	+0.05 pp	11 q
CATCaterpillar Inc.	0.48%	2,979,993	$533M	trimmed−1%	−0.02 pp	11 q
ABTAbbott Laboratories	0.47%	4,814,568	$523M	trimmed−4%	+0.02 pp	11 q
AMZNAmazon.Com Inc	0.46%	4,815,200	$511M	trimmed−38%	−0.49 pp	11 q
DISThe Walt Disney Company	0.46%	5,420,417	$512M	added+56%	+0.10 pp	11 q
ZBHZimmer Biomet Holdings, Inc.	0.46%	4,908,312	$516M	trimmed−0%	−0.02 pp	11 q
AALAmerican Airlines Group Inc.	0.45%	39,492,616	$501M	trimmed−1%	−0.10 pp	11 q
NVDANvidia Corp	0.42%	3,078,715	$467M	trimmed−12%	−0.30 pp	11 q
UPSUnited Parcel Service, Inc. Class B	0.41%	2,486,791	$454M	trimmed−1%	+0.01 pp	11 q
AIYActivision Blizzard Inc	0.36%	5,154,930	$401M	added+1%	+0.05 pp	11 q
NTRSNorthern Trust Corp	0.36%	4,204,502	$406M	trimmed−2%	−0.02 pp	11 q
ABMDAbiomed Inc	0.34%	1,539,252	$381M	trimmed−4%	−0.06 pp	11 q
AMATApplied Materials Inc	0.34%	4,135,983	$376M	trimmed−1%	−0.08 pp	11 q
CVSCvs Health Corporation	0.34%	4,075,040	$378M	trimmed−1%	+0.02 pp	11 q
EOGEOG Resources, Inc.	0.30%	3,009,529	$332M	trimmed−1%	+0.03 pp	11 q
TXTTextron, Inc.	0.29%	5,362,740	$328M	trimmed−4%	−0.02 pp	11 q
TDGTransDigm Group Incorporated	0.29%	608,594	$327M	held	—	11 q
TRMBTrimble Inc.	0.29%	5,596,876	$326M	trimmed−3%	−0.02 pp	11 q
CSCOCisco Systems, Inc. (DE)	0.28%	7,449,190	$318M	trimmed−1%	−0.04 pp	11 q
ASMLASML Holding NV	0.28%	666,404	$317M	trimmed−10%	−0.10 pp	9 q
AAgilent Technologies Inc.	0.27%	2,553,961	$303M	trimmed−2%	+0.01 pp	11 q
CMECME Group Inc.	0.27%	1,452,830	$297M	added+4%	+0.02 pp	11 q
AAPLApple Inc.	0.26%	2,105,300	$288M	trimmed−1%	−0.02 pp	11 q
GLWCorning Incorporated	0.26%	9,350,219	$295M	trimmed−5%	−0.01 pp	11 q
DFSDiscover Financial Services	0.26%	3,127,279	$296M	trimmed−4%	−0.01 pp	11 q
ENTGEntegris Inc	0.25%	3,018,612	$278M	trimmed−4%	−0.06 pp	11 q
LIVNLivaNova PLC	0.25%	4,536,350	$283M	added0%	−0.03 pp	11 q
XPEVXPeng Inc.	0.24%	8,540,217	$271M	trimmed−1%	+0.06 pp	8 q
PODDInsulet Corporation	0.23%	1,183,600	$258M	trimmed−4%	−0.02 pp	11 q
DLTRDollar Tree Inc.	0.21%	1,535,415	$239M	trimmed−1%	+0.02 pp	9 q
DSGXDescartes Systems Group Inc	0.19%	3,466,006	$215M	trimmed−2%	−0.01 pp	11 q
GDGeneral Dynamics Corporation	0.19%	967,900	$214M	trimmed−0%	+0.01 pp	11 q
PLTPlantronics Inc	0.19%	5,403,250	$214M	trimmed−15%	0.00 pp	11 q
OLEDUniversal Display Corp	0.19%	2,135,129	$216M	added0%	−0.08 pp	11 q
BBBlackBerry Limited	0.18%	37,936,622	$204M	trimmed−3%	−0.04 pp	11 q
CCitigroup Inc.	0.18%	4,354,046	$200M	trimmed−2%	0.00 pp	11 q
METAMeta Platforms, Inc. Class A	0.18%	1,236,675	$199M	held	—	11 q
MKTXMarketAxess Holdings Inc.	0.18%	807,350	$207M	added+47%	+0.04 pp	11 q
EWEdwards Lifesciences Corp	0.17%	2,056,300	$196M	trimmed−3%	−0.02 pp	11 q
GSGoldman Sachs Group Inc.	0.17%	635,150	$189M	trimmed−8%	0.00 pp	7 q
JBLJabil Inc.	0.17%	3,772,122	$193M	added+1%	0.00 pp	11 q
RVTYRevvity, Inc.	0.17%	1,351,480	$192M	trimmed−3%	−0.01 pp	11 q
USBU.S. Bancorp	0.17%	4,144,100	$191M	trimmed−11%	−0.02 pp	11 q
ALKAlaska Air Group, Inc.	0.16%	4,528,037	$181M	trimmed−2%	−0.04 pp	11 q
CARRCarrier Global Corporation	0.16%	4,913,772	$175M	trimmed−1%	−0.01 pp	9 q
CWCurtiss-Wright Corp.	0.16%	1,334,347	$176M	trimmed−5%	0.00 pp	11 q
PGRProgressive Corporation	0.16%	1,565,670	$182M	trimmed−1%	+0.02 pp	11 q
SYYSysco Corporation	0.16%	2,053,775	$174M	trimmed−1%	+0.03 pp	6 q
WEXWEX Inc.	0.16%	1,150,300	$179M	trimmed−5%	0.00 pp	6 q
RCLRoyal Caribbean Group	0.16%	5,221,461	$182M	added+4%	−0.16 pp	11 q
BBWIBath & Body Works, Inc.	0.14%	5,906,960	$159M	trimmed−1%	−0.07 pp	11 q
PYPLPayPal Holdings, Inc.	0.14%	2,321,610	$162M	trimmed−1%	−0.06 pp	11 q
ALKSAlkermes Inc. plc	0.14%	5,388,225	$161M	trimmed−5%	+0.03 pp	11 q
RIGTransocean LTD.	0.14%	47,064,306	$157M	trimmed−1%	−0.02 pp	11 q
KEYSKeysight Technologies, Inc.	0.13%	1,088,460	$150M	trimmed−10%	−0.01 pp	11 q
TMUST-Mobile US, Inc.	0.13%	1,079,836	$145M	trimmed−1%	+0.02 pp	11 q
FGENKyntra Bio, Inc.	0.12%	13,202,367	$139M	trimmed−1%	0.00 pp	11 q
IQVIQVIA Holdings Inc.	0.12%	611,517	$133M	added0%	+0.01 pp	10 q
WOLFWolfspeed, Inc.	0.12%	2,131,352	$135M	trimmed−1%	−0.06 pp	3 q
XNCRXencor, Inc.	0.12%	4,795,052	$131M	trimmed−3%	+0.02 pp	11 q
ADSKAutodesk Inc	0.11%	709,400	$122M	held	—	11 q
CCLCarnival Corporation Ltd.	0.11%	14,396,424	$125M	trimmed−0%	−0.11 pp	11 q
FCXFreeport-McMoran Inc.	0.11%	4,159,275	$122M	trimmed−0%	−0.05 pp	7 q
MARMarriott International Class A	0.11%	867,046	$118M	trimmed−0%	−0.01 pp	11 q
MAMastercard Incorporated	0.11%	380,000	$120M	held	—	11 q
CSXCSX Corporation	0.10%	4,029,300	$117M	held	—	11 q
CTRACoterra Energy Inc.	0.10%	4,242,650	$109M	trimmed−2%	+0.01 pp	11 q
CHTRCharter Comm Inc Del CL A New	0.10%	246,700	$116M	held	—	11 q
CTVACorteva, Inc.	0.10%	2,069,940	$112M	added+1%	+0.01 pp	11 q
DDDuPont de Nemours, Inc.	0.10%	2,058,970	$114M	trimmed−1%	−0.02 pp	11 q
EBAYeBay Inc	0.10%	2,558,280	$107M	trimmed−1%	−0.01 pp	11 q
FISFidelity National Information Services, Inc.	0.10%	1,266,200	$116M	added+5%	+0.01 pp	6 q
FORMFormFactor Inc.	0.10%	2,950,754	$114M	trimmed−5%	0.00 pp	11 q
ILMNIllumina Inc	0.10%	605,308	$112M	trimmed−3%	−0.06 pp	11 q
MXLMaxLinear, Inc.	0.10%	3,287,222	$112M	trimmed−5%	−0.05 pp	11 q
OTISOtis Worldwide Corporation	0.10%	1,646,031	$116M	trimmed−3%	0.00 pp	9 q
CPRICapri Holdings Limited	0.10%	2,757,025	$113M	trimmed−9%	−0.02 pp	11 q
AMEAmetek, Inc.	0.09%	959,650	$105M	added+1%	−0.01 pp	10 q
DEDeere & Company	0.09%	319,880	$96M	trimmed−16%	−0.03 pp	11 q
DOWDow Inc.	0.09%	2,037,272	$105M	trimmed−0%	−0.01 pp	11 q
EAElectronic Arts Inc	0.09%	815,025	$99M	trimmed−4%	+0.01 pp	11 q
TERTeradyne, Inc.	0.09%	1,086,745	$97M	trimmed−3%	−0.01 pp	11 q
VLOValero Energy Corporation	0.09%	980,350	$104M	trimmed−3%	+0.01 pp	7 q
WDCWestern Digital Corp.	0.09%	2,291,579	$103M	added+11%	+0.01 pp	11 q
MDTMedtronic plc	0.09%	1,069,370	$96M	trimmed−1%	0.00 pp	11 q
ACLSAxcelis Technologies Inc	0.08%	1,680,611	$92M	trimmed−13%	−0.03 pp	11 q
BURLBurlington Stores, Inc.	0.08%	662,150	$90M	trimmed−0%	−0.01 pp	11 q
NWLNewell Brands Inc.	0.08%	4,882,400	$93M	trimmed−5%	0.00 pp	11 q
NTNXNutanix, Inc. Class A	0.08%	6,128,885	$90M	added+46%	0.00 pp	11 q
PANWPalo Alto Networks, Inc.	0.08%	181,109	$89M	trimmed−4%	−0.01 pp	11 q
PINSPinterest, Inc. Class A	0.08%	4,639,350	$84M	added+43%	+0.02 pp	11 q
SYKStryker Corporation	0.08%	448,120	$89M	held	—	11 q
IRBTiRobot Corporation	0.07%	2,223,393	$82M	trimmed−6%	−0.04 pp	11 q
LYVLive Nation Entertainment Inc.	0.07%	985,805	$81M	trimmed−5%	−0.02 pp	8 q
LUNGPulmonx Corporation	0.07%	5,397,621	$79M	trimmed−1%	−0.03 pp	7 q
TWTradeweb Markets Inc. Class A	0.07%	1,221,255	$83M	added+4%	−0.01 pp	11 q
99952EURLinde PLC/OLD	0.07%	277,200	$80M	held	—	11 q
CRLCharles River Laboratories International, Inc.	0.06%	295,860	$63M	trimmed−9%	−0.01 pp	11 q
HLTHilton Worldwide Holdings Inc.	0.06%	553,565	$62M	held	—	11 q
IEXIDEX Corporation	0.06%	383,875	$70M	trimmed−2%	0.00 pp	11 q
MCDMcDonald's Corporation	0.06%	264,800	$65M	held	—	11 q
NKTRNektar Therapeutics	0.06%	16,551,322	$63M	trimmed−3%	−0.01 pp	11 q
QSRRestaurant Brands International Inc.	0.06%	1,368,000	$69M	held	—	11 q
SNYSanofi	0.06%	1,239,500	$62M	trimmed−0%	+0.01 pp	11 q
SWAVShockwave Medical, Inc.	0.06%	331,160	$63M	trimmed−4%	+0.01 pp	8 q
SW5Southwestern Energy Co	0.06%	10,060,600	$63M	trimmed−1%	0.00 pp	11 q
VSXYVictorias Secret & Co.	0.06%	2,248,268	$63M	trimmed−4%	−0.03 pp	4 q
ALCAlcon Inc.	0.06%	900,184	$63M	trimmed−0%	+0.01 pp	11 q
SSYSStratasys Inc (ISRAEL)	0.06%	3,447,799	$65M	trimmed−8%	−0.01 pp	11 q
ALLOAllogene Therapeutics, Inc.	0.05%	4,882,966	$56M	trimmed−0%	+0.02 pp	7 q
MOAltria Group, Inc.	0.05%	1,266,224	$53M	trimmed−2%	0.00 pp	11 q
LHXL3Harris Technologies, Inc.	0.05%	251,300	$61M	held	—	10 q
LYFTLyft, Inc. Class A	0.05%	4,578,581	$61M	trimmed−2%	−0.09 pp	11 q
ROKRockwell Automation, Inc.	0.05%	276,645	$55M	trimmed−0%	−0.01 pp	11 q
VMWVMware, Inc	0.05%	495,136	$56M	trimmed−14%	0.00 pp	11 q
XMTRXometry, Inc. Class A	0.05%	1,728,910	$59M	added+43%	+0.02 pp	5 q
ALTRAltair Engineering Inc. Class A	0.04%	766,270	$40M	trimmed−3%	0.00 pp	11 q
BJBJs Wholesale Club Holdings, Inc.	0.04%	763,990	$48M	trimmed−1%	0.00 pp	11 q
CERSCerus Corp	0.04%	9,268,500	$49M	trimmed−3%	0.00 pp	11 q
EVREvercore Inc.	0.04%	437,800	$41M	added+6%	+0.01 pp	3 q
HONHoneywell International, Inc.	0.04%	230,000	$40M	held	—	11 q
HUBSHubspot, Inc.	0.04%	135,825	$41M	trimmed−12%	−0.02 pp	11 q
JBLUJetBlue Airways Corp	0.04%	5,995,387	$50M	trimmed−60%	−0.13 pp	11 q
LPLALPL Financial Holdings Inc.	0.04%	272,000	$50M	added+4%	0.00 pp	10 q
LOWLowe's Companies Inc.	0.04%	255,000	$45M	held	—	6 q
ODFLOld Dominion Freight Line	0.04%	181,850	$47M	trimmed−2%	0.00 pp	11 q
RTXRTX Corporation	0.04%	509,162	$49M	trimmed−3%	0.00 pp	11 q
CRMSalesforce, Inc.	0.04%	287,000	$47M	held	—	11 q
unresolvedTurning Point Therapeutics I	0.04%	542,100	$41M	added0%	+0.03 pp	9 q
ARLOArlo Technologies, Inc.	0.03%	5,059,195	$32M	trimmed−3%	0.00 pp	11 q
CRWDCrowdStrike Holdings, Inc. Class A	0.03%	218,755	$37M	trimmed−5%	−0.01 pp	11 q
LVSLas Vegas Sands Corp.	0.03%	1,159,400	$39M	held	—	11 q
SPHRSphere Entertainment Co.	0.03%	644,751	$34M	trimmed−12%	−0.02 pp	9 q
OLLIOllie's Bargain Outlet Holdings, Inc.	0.03%	610,400	$36M	held	—	4 q
RYAAYRyanair Holdings plc	0.03%	509,700	$34M	trimmed−1%	0.00 pp	11 q
TSNTyson Foods, Inc.	0.03%	357,200	$31M	trimmed−1%	+0.01 pp	11 q
ZNTLZentalis Pharmaceuticals, Inc.	0.03%	1,192,000	$33M	trimmed−1%	−0.01 pp	9 q
PNRPentair plc	0.03%	667,100	$31M	held	—	11 q
AMHAmerican Homes 4 Rent	0.02%	580,750	$21M	trimmed−4%	0.00 pp	9 q
ARRYArray Technologies, Inc.	0.02%	2,382,600	$26M	new	+0.02 pp	new
AURAurora Innovation, Inc. Class A	0.02%	10,052,180	$19M	added+7%	−0.02 pp	3 q
AXONAxon Enterprise, Inc.	0.02%	207,800	$19M	trimmed−3%	0.00 pp	11 q
EATBrinker International, Inc.	0.02%	794,700	$18M	held	—	5 q
CCJCameco Corporation	0.02%	1,215,900	$26M	added+3%	−0.01 pp	11 q
DHRDanaher Corporation	0.02%	110,237	$28M	added+2%	0.00 pp	5 q
DELLDell Technologies Inc.	0.02%	457,415	$21M	trimmed−1%	0.00 pp	11 q
EPZMEpizyme, Inc	0.02%	16,642,727	$24M	added+7%	+0.01 pp	11 q
EXKExact Sciences Corp	0.02%	479,300	$19M	trimmed−5%	−0.01 pp	11 q
GKOSGlaukos Corporation	0.02%	541,370	$25M	added+2%	0.00 pp	11 q
unresolvedGlaxosmithkline PLC	0.02%	551,400	$24M	held	—	11 q
GOGrocery Outlet Holding Corp.	0.02%	592,500	$25M	trimmed−0%	+0.01 pp	4 q
IMAXImax Corp	0.02%	1,072,600	$18M	trimmed−8%	0.00 pp	11 q
KEXKirby Corporation	0.02%	424,800	$26M	trimmed−4%	0.00 pp	7 q
MGMMgm Resorts International	0.02%	848,210	$25M	trimmed−0%	−0.01 pp	11 q
MATXMatsons, Inc.	0.02%	335,792	$24M	trimmed−0%	−0.01 pp	11 q
MAXRMaxar Technologies Inc.	0.02%	850,440	$22M	trimmed−6%	−0.01 pp	11 q
MDBMongoDB, Inc. Class A	0.02%	84,800	$22M	held	—	8 q
NSCNorfolk Southern Corp.	0.02%	96,400	$22M	trimmed−3%	0.00 pp	11 q
OSISOSI Systems Inc	0.02%	312,800	$27M	trimmed−3%	0.00 pp	11 q
RYTMRhythm Pharmaceuticals, Inc.	0.02%	6,364,094	$26M	added+1%	−0.03 pp	11 q
UBERUber Technologies, Inc.	0.02%	1,185,700	$24M	trimmed−11%	−0.02 pp	9 q
ULTAUlta Beauty, Inc.	0.02%	72,000	$28M	trimmed−3%	0.00 pp	11 q
UUnity Software Inc.	0.02%	574,709	$21M	trimmed−8%	−0.03 pp	8 q
WATWaters Corp	0.02%	51,394	$17M	trimmed−0%	+0.01 pp	7 q
XPOXPO, Inc.	0.02%	385,900	$19M	added+9%	0.00 pp	6 q
NCLHNorwegian Cruise Line Holdings Ltd.	0.02%	2,465,570	$27M	trimmed−1%	−0.02 pp	11 q
NVTnVent Electric plc	0.02%	887,000	$28M	held	—	11 q
9900123DPerimeter Solutions SA	0.02%	2,325,381	$25M	trimmed−8%	0.00 pp	3 q
OPTUOptimum Communications, Inc.	0.01%	1,791,500	$17M	held	—	10 q
AM6Amicus Therapeutics Inc	0.01%	1,328,200	$14M	trimmed−7%	0.00 pp	11 q
AZOAutoZone, Inc.	0.01%	6,075	$13M	held	—	11 q
BBIOBridgeBio Pharma, Inc.	0.01%	1,052,830	$10M	trimmed−7%	0.00 pp	6 q
ENOVEnovis Corporation	0.01%	143,499	$8M	new	+0.01 pp	new
CMCSAComcast Corp	0.01%	404,507	$16M	held	—	11 q
SCORcomScore, Inc.	0.01%	5,271,747	$11M	trimmed−3%	0.00 pp	11 q
STZConstellation Brands, Inc.	0.01%	30,100	$7M	held	—	11 q
DRIDarden Restaurants, Inc.	0.01%	59,700	$7M	held	—	9 q
DASHDoorDash, Inc. Class A	0.01%	147,350	$9M	trimmed−1%	0.00 pp	7 q
EPREPR Properties	0.01%	173,500	$8M	trimmed−9%	0.00 pp	9 q
ESABESAB Corporation	0.01%	143,498	$6M	new	+0.01 pp	new
LABStandard BioTools Inc.	0.01%	4,955,343	$8M	trimmed−1%	0.00 pp	11 q
GXOGXO Logistics, Inc.	0.01%	345,300	$15M	added+2%	−0.01 pp	4 q
ROCKGibraltar Industries, Inc.	0.01%	322,100	$12M	trimmed−10%	0.00 pp	11 q
GTLBGitLab Inc. Class A	0.01%	132,620	$7M	trimmed−17%	0.00 pp	3 q
GHGuardant Health, Inc.	0.01%	229,044	$9M	added+10%	0.00 pp	8 q
HTZHertz Global Holdings, Inc	0.01%	736,400	$12M	held	—	2 q
HUMHumana Inc.	0.01%	23,695	$11M	held	—	5 q
INDIindie Semiconductor, Inc. Class A	0.01%	2,040,500	$12M	added+52%	0.00 pp	4 q
LICYLi-cycle Holdings Corp	0.01%	1,972,700	$14M	added+7%	0.00 pp	4 q
unresolvedLeslies Inc	0.01%	976,800	$15M	held	—	3 q
DOORMasonite International Corp	0.01%	204,200	$16M	added0%	0.00 pp	10 q
MRKMerck & Co., Inc.	0.01%	134,900	$12M	trimmed−5%	0.00 pp	11 q
NMIHNMI Holdings Inc.	0.01%	723,720	$12M	trimmed−68%	−0.03 pp	11 q
NNBRNN Inc	0.01%	2,304,300	$6M	trimmed−13%	0.00 pp	11 q
NFLXNetFlix Inc	0.01%	40,410	$7M	new	+0.01 pp	new
NFENew Fortress Energy Inc. Class A	0.01%	185,900	$7M	trimmed−1%	0.00 pp	8 q
LASRnLIGHT, Inc.	0.01%	1,130,904	$12M	trimmed−3%	−0.01 pp	11 q
NUVANuVasive, Inc.	0.01%	134,500	$7M	trimmed−7%	0.00 pp	11 q
ORLYO'Reilly Automotive, Inc.	0.01%	19,300	$12M	trimmed−2%	0.00 pp	6 q
OMCLOmnicell Inc	0.01%	85,807	$10M	added+81%	+0.01 pp	6 q
PENPenumbra, Inc.	0.01%	46,690	$6M	trimmed−1%	0.00 pp	11 q
PMPhilip Morris International Inc.	0.01%	167,400	$17M	trimmed−2%	0.00 pp	11 q
PROPros Holdings, Inc.	0.01%	349,900	$9M	trimmed−9%	0.00 pp	11 q
RPDRapid7, Inc.	0.01%	184,800	$12M	trimmed−3%	−0.01 pp	11 q
RGENRepligen Corp	0.01%	47,379	$8M	added+61%	+0.01 pp	5 q
RIVNRivian Automotive, Inc. Class A	0.01%	357,080	$9M	trimmed−1%	0.00 pp	3 q
RBLXRoblox Corporation	0.01%	303,800	$10M	held	—	4 q
SAIASaia, Inc.	0.01%	77,200	$15M	new	+0.01 pp	new
SAICScience Applications International Corporation	0.01%	115,900	$11M	held	—	10 q
6SSServicesource International	0.01%	6,968,710	$10M	trimmed−15%	0.00 pp	11 q
SAVEQSpirit Airlines, Inc.	0.01%	270,400	$6M	trimmed−9%	+0.01 pp	11 q
TTWOTake-Two Interactive Software Inc	0.01%	75,000	$9M	trimmed−83%	−0.04 pp	7 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.01%	16,039	$8M	trimmed−1%	0.00 pp	9 q
ZIMVZimVie Inc.	0.01%	365,066	$6M	trimmed−16%	0.00 pp	2 q
GTMZoomInfo Technologies Inc	0.01%	278,519	$9M	trimmed−1%	0.00 pp	9 q
ZMZoom Communications, Inc. Class A	0.01%	114,500	$12M	added0%	0.00 pp	10 q
AMBAAmbarella, Inc.	0.01%	113,700	$7M	trimmed−16%	0.00 pp	8 q
FTITechnipFMC plc	0.01%	1,541,500	$10M	added×4.7	+0.01 pp	11 q
CYBRCyberark Software LTD/ISRAEL	0.01%	79,350	$10M	trimmed−2%	0.00 pp	11 q
WVEWave Life Sciences Ltd.	0.01%	4,426,808	$14M	trimmed−3%	0.00 pp	11 q
ARAYAccuray Incorporated	0.00%	431,320	$845,000	trimmed−8%	0.00 pp	11 q
ADPTAdaptive Biotechnologies Corporation	0.00%	150,500	$1M	trimmed−23%	0.00 pp	10 q
ALGTAllegiant Travel Company	0.00%	44,050	$5M	held	—	11 q
ABUSArbutus Biopharma Corporation	0.00%	423,300	$1M	trimmed−8%	0.00 pp	11 q
ANETArista Networks	0.00%	7,400	$694,000	trimmed−30%	0.00 pp	11 q
AWIArmstrong World Industries, Inc.	0.00%	10,000	$750,000	held	—	11 q
AMKAssetMark Financial Holdings, Inc.	0.00%	251,700	$5M	held	—	4 q
BEBloom Energy Corporation	0.00%	49,600	$818,000	held	—	11 q
BOOTBoot Barn Holdings, Inc.	0.00%	69,300	$5M	trimmed−4%	−0.01 pp	11 q
CBOECboe Global Markets, Inc.	0.00%	30,400	$3M	trimmed−4%	0.00 pp	11 q
CVGWCalavo Growers Inc	0.00%	35,900	$1M	held	—	11 q
CALACalithera Biosciences Inc	0.00%	420,280	$1M	trimmed−22%	0.00 pp	11 q
CECelanese Corporation	0.00%	8,000	$941,000	held	—	11 q
CRNCCerence Inc.	0.00%	210,796	$5M	trimmed−48%	−0.01 pp	11 q
CIENCiena Corporation	0.00%	100,585	$5M	trimmed−0%	0.00 pp	9 q
VLRSControladora Vuela Compania De Aviacion, S.a.b. De C.v.	0.00%	72,000	$739,000	held	—	11 q
DBDDiebold Nixdorf, Incorporated	0.00%	190,000	$431,000	trimmed−25%	0.00 pp	11 q
DOCUDocuSign, Inc.	0.00%	3,500	$201,000	trimmed−89%	0.00 pp	7 q
DGDollar General Corp.	0.00%	17,100	$4M	trimmed−6%	0.00 pp	3 q
FLYWFlywire Corporation Voting	0.00%	13,600	$240,000	new	0.00 pp	new
FAROFaro Technologies Inc	0.00%	49,500	$2M	trimmed−15%	0.00 pp	11 q
FIVEFive Below, Inc.	0.00%	22,400	$3M	held	—	11 q
FRSHFreshworks Inc. Class A	0.00%	278,900	$4M	held	—	3 q
ULCCFrontier Group Holdings, Inc.	0.00%	71,700	$672,000	held	—	5 q
GILGildan Activewear Inc.	0.00%	104,000	$3M	trimmed−4%	0.00 pp	11 q
GEF.BGreif, Inc. Class B	0.00%	26,000	$2M	trimmed−7%	0.00 pp	11 q
GRWGGrow Generation Corp	0.00%	1,159,900	$4M	held	—	2 q
HANHawaiian Holdings Inc	0.00%	181,900	$3M	trimmed−26%	0.00 pp	11 q
HCATHealth Catalyst, Inc	0.00%	306,244	$4M	added+13%	−0.01 pp	9 q
IMGNImmunogen Inc	0.00%	728,327	$3M	trimmed−4%	0.00 pp	11 q
NGVTIngevity Corporation	0.00%	49,000	$3M	held	—	11 q
JAMFJamf Holding Corp.	0.00%	97,300	$2M	trimmed−6%	0.00 pp	5 q
JELDJELD-WEN Holding, Inc.	0.00%	163,900	$2M	added+1%	0.00 pp	6 q
KRThe Kroger Co.	0.00%	25,000	$1M	held	—	3 q
MTSIMACOM Technology Solutions Holdings, Inc	0.00%	98,300	$5M	trimmed−6%	0.00 pp	11 q
MSGSMadison Square Garden Sports Corp.	0.00%	6,773	$1M	held	—	10 q
MQMarqeta, Inc. Class A	0.00%	198,700	$2M	added+13%	0.00 pp	4 q
MBIIMarrone Bio Innovations, Inc.	0.00%	1,458,400	$2M	trimmed−4%	0.00 pp	11 q
MTLSMaterialise NV	0.00%	333,924	$5M	trimmed−5%	−0.01 pp	11 q
MREOMereo BioPharma Group plc	0.00%	321,660	$360,000	trimmed−3%	0.00 pp	11 q
AVOMission Produce, Inc.	0.00%	46,680	$665,000	held	—	7 q
MASS908 Devices Inc.	0.00%	176,719	$4M	trimmed−5%	0.00 pp	7 q
NOKNokia Corporation	0.00%	500,000	$2M	trimmed−7%	0.00 pp	11 q
OKTAOkta, Inc. Class A	0.00%	15,925	$1M	added+46%	0.00 pp	10 q
unresolvedOlink Hldg AB	0.00%	29,500	$448,000	trimmed−2%	0.00 pp	6 q
OSUROraSure Technologies Inc	0.00%	913,400	$2M	trimmed−5%	0.00 pp	11 q
PBHPrestige Consumer Healthcare Inc.	0.00%	31,400	$2M	held	—	11 q
RMBSRambus Inc	0.00%	253,163	$5M	trimmed−4%	−0.01 pp	11 q
RNGRingcentral, Inc.	0.00%	12,350	$645,000	held	—	10 q
SAFESafehold Inc.	0.00%	54,400	$2M	held	—	7 q
SG7Sage Therapeutics Inc	0.00%	77,800	$3M	added+13%	0.00 pp	3 q
SLBSLB Limited	0.00%	125,300	$4M	held	—	11 q
SEERSeer, Inc. Class A	0.00%	20,200	$181,000	trimmed−71%	0.00 pp	7 q
AXONSio Gene Therapies Inc	0.00%	16,700	$6,000	trimmed−9%	0.00 pp	11 q
SNAPSnap Inc.	0.00%	136,550	$2M	trimmed−45%	−0.01 pp	9 q
SNCYSun Country Airlines Holdings, Inc.	0.00%	74,815	$1M	trimmed−1%	0.00 pp	6 q
TENBTenable Holdings, Inc.	0.00%	10,800	$490,000	held	—	2 q
unresolvedTuesday Morning Corp	0.00%	1,122,400	$404,000	trimmed−9%	0.00 pp	5 q
TSPHCreateai Holdings Inc A	0.00%	108,800	$787,000	trimmed−15%	0.00 pp	5 q
unresolved2U Inc	0.00%	75,000	$785,000	held	—	11 q
VRNSVaronis Systems, Inc.	0.00%	45,940	$1M	trimmed−3%	0.00 pp	2 q
WSCWillScot Holdings Corporation Class A	0.00%	88,600	$3M	held	—	9 q
CRDOCredo Technology Group Holding Ltd	0.00%	12,500	$146,000	new	0.00 pp	new
GANGan Ltd	0.00%	1,887,485	$6M	trimmed−0%	−0.01 pp	9 q
CHGGChegg, Inc.	—	−1,366,900	—	exited	−0.04 pp	—
unresolvedColfax Corp	—	−490,300	—	exited	−0.01 pp	—
BLIBerkeley Lights, Inc.	—	−26,145	—	exited	0.00 pp	—
CERNCerner Corp	—	−19,400	—	exited	0.00 pp	—
TXG10x Genomics, Inc. Class A	—	−3,300	—	exited	0.00 pp	—