PRIMECAP

Q3 2024 13F · by Joel Fried, portfolio manager

As of: Sep 30, 2024
Filed: Nov 8, 2024
US stock: $136.0B · prev $138.1B
Positions: 336 · prev 332
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%

Moves282 since the prior filing

+1.1 pp in · −1.1 pp out

New 7 +0.20 pp
Added 68 +0.86 pp
Trimmed 204 −1.12 pp
Exited 3 −0.02 pp

The book

Focused · behaves like 39 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 positions24% of US stock

Positions336 in this filing · 3 exited


LLYEli Lilly & Co.	11.52%	17,690,508	$15.7B	trimmed−10%	−1.34 pp	20 q
AMGNAmgen Inc	3.38%	14,255,941	$4.6B	trimmed−1%	+0.11 pp	20 q
MSFTMicrosoft Corp	3.12%	9,847,015	$4.2B	trimmed−2%	−0.13 pp	20 q
KLACKLA Corporation	3.02%	5,301,519	$4.1B	trimmed−4%	−0.27 pp	20 q
MUMicron Technology, Inc.	2.87%	37,631,860	$3.9B	added+1%	−0.69 pp	20 q
FDXFedEx Corporation	2.56%	12,709,330	$3.5B	trimmed−1%	−0.22 pp	20 q
AZNNAstrazeneca Plc-spons ADR	2.40%	41,980,045	$3.3B	trimmed−1%	−0.01 pp	20 q
BIIBBiogen Inc.	2.33%	16,315,079	$3.2B	trimmed−0%	−0.41 pp	20 q
BSXBoston Scientific Corp.	2.33%	37,826,500	$3.2B	trimmed−0%	+0.21 pp	20 q
GOOGLAlphabet Inc. Class A	2.28%	18,692,890	$3.1B	trimmed−1%	−0.21 pp	20 q
TXNTexas Instruments Incorporated	2.26%	14,903,760	$3.1B	trimmed−3%	+0.10 pp	20 q
ADBEAdobe Inc.	2.16%	5,681,096	$2.9B	trimmed−1%	−0.15 pp	20 q
NVDANvidia Corp	1.92%	21,468,280	$2.6B	trimmed−1%	−0.02 pp	20 q
BABAAlibaba Group Holding Limited	1.71%	21,917,552	$2.3B	added0%	+0.57 pp	20 q
TSLATesla, Inc.	1.68%	8,718,685	$2.3B	trimmed−1%	+0.42 pp	20 q
ORCLOracle Corp	1.58%	12,633,550	$2.2B	trimmed−2%	+0.27 pp	20 q
GOOGAlphabet Inc. Class C	1.52%	12,392,730	$2.1B	trimmed−1%	−0.14 pp	20 q
SONYSony Group Corporation	1.51%	21,270,923	$2.1B	trimmed−1%	+0.19 pp	20 q
INTCIntel Corp	1.33%	77,267,112	$1.8B	trimmed−1%	−0.41 pp	20 q
WFCWells Fargo & Co.	1.33%	32,015,964	$1.8B	trimmed−14%	−0.27 pp	20 q
NTAPNetApp, Inc	1.22%	13,427,406	$1.7B	trimmed−3%	−0.07 pp	20 q
ROSTRoss Stores Inc	1.17%	10,535,967	$1.6B	trimmed−1%	+0.05 pp	20 q
TMOThermo Fisher Scientific, Inc.	1.17%	2,574,877	$1.6B	trimmed−3%	+0.10 pp	20 q
RJFRaymond James Financial, Inc.	1.08%	11,976,412	$1.5B	trimmed−1%	0.00 pp	20 q
LUVSouthwest Airlines Co.	1.08%	49,669,524	$1.5B	trimmed−0%	+0.05 pp	20 q
TJXTJX Companies, Inc. (The)	1.06%	12,306,667	$1.4B	trimmed−1%	+0.07 pp	20 q
FLEXFlex Ltd.	1.06%	43,191,034	$1.4B	trimmed−2%	+0.11 pp	20 q
NVSNovartis AG	1.02%	12,008,055	$1.4B	trimmed−1%	+0.08 pp	20 q
UALUnited Airlines Holdings, Inc.	0.99%	23,571,002	$1.3B	trimmed−1%	+0.15 pp	20 q
BMRNBioMarin Pharmaceuticals Inc	0.98%	18,867,435	$1.3B	added0%	−0.14 pp	20 q
ACMAecom	0.95%	12,511,207	$1.3B	trimmed−4%	+0.12 pp	20 q
BIDUBaidu, Inc.	0.94%	12,123,856	$1.3B	added+1%	+0.19 pp	20 q
BMYBristol-Myers Squibb Co.	0.89%	23,369,570	$1.2B	trimmed−1%	+0.18 pp	20 q
JPMJPMorgan Chase & Co.	0.88%	5,647,265	$1.2B	added+1%	+0.06 pp	20 q
DALDelta Air Lines, Inc.	0.84%	22,404,523	$1.1B	trimmed−0%	+0.07 pp	20 q
ONCBeOne Medicines Ltd.	0.82%	4,974,289	$1.1B	trimmed−0%	+0.30 pp	20 q
VVISA Inc.	0.81%	4,017,070	$1.1B	trimmed−1%	+0.04 pp	20 q
HESHess Corporation	0.79%	7,914,945	$1.1B	trimmed−2%	−0.07 pp	20 q
INTUIntuit Inc	0.75%	1,647,036	$1.0B	trimmed−2%	−0.05 pp	20 q
RCLRoyal Caribbean Group	0.62%	4,781,143	$848M	trimmed−2%	+0.06 pp	20 q
ADIAnalog Devices, Inc.	0.61%	3,578,150	$824M	trimmed−1%	+0.01 pp	20 q
XOMExxon Mobil Corp	0.61%	7,084,552	$830M	trimmed−17%	−0.10 pp	2 q
QCOMQualcomm Inc	0.61%	4,885,653	$831M	trimmed−1%	−0.10 pp	20 q
AMZNAmazon.Com Inc	0.60%	4,405,650	$821M	added+1%	−0.01 pp	20 q
HPQHP Inc.	0.59%	22,340,440	$801M	trimmed−0%	+0.02 pp	20 q
ELANElanco Animal Health Incorporated	0.57%	52,575,502	$772M	trimmed−0%	+0.02 pp	20 q
TDGTransDigm Group Incorporated	0.54%	513,194	$732M	added0%	+0.07 pp	20 q
MATMattel, Inc.	0.53%	37,891,101	$722M	trimmed−2%	+0.08 pp	20 q
JJacobs Solutions Inc.	0.51%	5,271,282	$690M	trimmed−6%	−0.05 pp	9 q
AALAmerican Airlines Group Inc.	0.47%	57,339,666	$644M	added+1%	0.00 pp	20 q
HPEHewlett Packard Enterprise Company	0.47%	31,354,856	$642M	trimmed−1%	−0.02 pp	20 q
MRSHMarsh	0.47%	2,868,741	$640M	trimmed−0%	+0.03 pp	20 q
NTRSNorthern Trust Corp	0.47%	7,085,117	$638M	added+1%	+0.04 pp	20 q
DISThe Walt Disney Company	0.46%	6,435,934	$619M	trimmed−1%	−0.01 pp	20 q
GSKGSK plc	0.45%	14,853,755	$607M	added+2%	+0.05 pp	9 q
CATCaterpillar Inc.	0.43%	1,485,456	$581M	trimmed−8%	+0.04 pp	20 q
AMATApplied Materials Inc	0.41%	2,742,283	$554M	trimmed−4%	−0.08 pp	20 q
AAPLApple Inc.	0.39%	2,260,500	$527M	added0%	+0.05 pp	20 q
BNTXBioNTech SE	0.39%	4,516,518	$536M	trimmed−6%	+0.11 pp	20 q
ZBHZimmer Biomet Holdings, Inc.	0.39%	4,971,380	$537M	trimmed−2%	−0.01 pp	20 q
WHRWhirlpool Corp.	0.38%	4,836,290	$517M	trimmed−0%	+0.02 pp	20 q
PYPLPayPal Holdings, Inc.	0.35%	6,015,816	$469M	added+22%	+0.14 pp	20 q
TXTTextron, Inc.	0.34%	5,280,355	$468M	trimmed−1%	+0.01 pp	20 q
ASMLASML Holding NV	0.34%	553,209	$461M	trimmed−3%	−0.08 pp	18 q
COPConocoPhillips	0.33%	4,320,905	$455M	added+49%	+0.09 pp	3 q
JBLJabil Inc.	0.33%	3,692,560	$442M	added0%	+0.04 pp	20 q
BACBank of America Corporation	0.30%	10,228,232	$406M	trimmed−1%	0.00 pp	20 q
CMECME Group Inc.	0.30%	1,861,690	$411M	added+3%	+0.04 pp	20 q
KMXCarMax Inc.	0.30%	5,283,834	$409M	trimmed−2%	+0.01 pp	20 q
METAMeta Platforms, Inc. Class A	0.30%	723,400	$414M	added+2%	+0.04 pp	20 q
UNPUnion Pacific Corp.	0.29%	1,605,010	$396M	added0%	+0.03 pp	20 q
UPSUnited Parcel Service, Inc. Class B	0.29%	2,857,715	$390M	trimmed−1%	0.00 pp	20 q
OLEDUniversal Display Corp	0.29%	1,849,382	$388M	trimmed−2%	0.00 pp	20 q
GLWCorning Incorporated	0.28%	8,558,519	$386M	trimmed−0%	+0.04 pp	20 q
RYTMRhythm Pharmaceuticals, Inc.	0.28%	7,216,911	$378M	trimmed−1%	+0.06 pp	20 q
SYYSysco Corporation	0.28%	4,796,439	$374M	added+10%	+0.05 pp	15 q
ALBAlbemarle Corporation	0.27%	3,833,984	$363M	added+1%	+0.01 pp	20 q
ERICEricsson	0.27%	47,781,999	$362M	trimmed−1%	+0.05 pp	20 q
PGRProgressive Corporation	0.27%	1,421,080	$361M	trimmed−1%	+0.05 pp	20 q
EOGEOG Resources, Inc.	0.25%	2,722,937	$335M	trimmed−1%	0.00 pp	20 q
MKTXMarketAxess Holdings Inc.	0.25%	1,338,922	$343M	added+1%	+0.06 pp	20 q
ENTGEntegris Inc	0.24%	2,952,387	$332M	trimmed−0%	−0.05 pp	20 q
ILMNIllumina Inc	0.24%	2,516,359	$328M	added+4%	+0.06 pp	20 q
CSCOCisco Systems, Inc. (DE)	0.22%	5,706,809	$304M	trimmed−2%	+0.02 pp	20 q
NXTNextpower Inc.	0.22%	7,844,407	$294M	trimmed−2%	−0.05 pp	7 q
LIVNLivaNova PLC	0.22%	5,627,806	$296M	trimmed−6%	−0.02 pp	20 q
AAgilent Technologies Inc.	0.21%	1,905,840	$283M	trimmed−3%	+0.03 pp	20 q
TRMBTrimble Inc.	0.21%	4,528,666	$281M	trimmed−3%	+0.02 pp	20 q
CWCurtiss-Wright Corp.	0.20%	822,490	$270M	trimmed−9%	+0.02 pp	20 q
TERTeradyne, Inc.	0.19%	1,965,835	$263M	trimmed−4%	−0.03 pp	20 q
GDGeneral Dynamics Corporation	0.18%	798,440	$241M	trimmed−1%	+0.01 pp	20 q
NTNXNutanix, Inc. Class A	0.18%	4,044,733	$240M	trimmed−4%	+0.01 pp	20 q
RIGTransocean LTD.	0.18%	56,342,169	$239M	added0%	−0.04 pp	20 q
DDDuPont de Nemours, Inc.	0.17%	2,659,526	$237M	trimmed−1%	+0.01 pp	20 q
DSGXDescartes Systems Group Inc	0.16%	2,114,381	$218M	trimmed−6%	0.00 pp	20 q
DLTRDollar Tree Inc.	0.16%	3,030,845	$213M	added+6%	−0.06 pp	18 q
CVSCvs Health Corporation	0.15%	3,211,025	$202M	trimmed−5%	+0.01 pp	20 q
MAMastercard Incorporated	0.15%	419,400	$207M	held	—	20 q
TWTradeweb Markets Inc. Class A	0.15%	1,596,150	$197M	trimmed−0%	+0.03 pp	20 q
ADSKAutodesk Inc	0.14%	680,820	$188M	added+4%	+0.02 pp	20 q
CCitigroup Inc.	0.14%	2,962,095	$185M	trimmed−17%	−0.02 pp	20 q
OTISOtis Worldwide Corporation	0.14%	1,813,880	$189M	added0%	+0.01 pp	18 q
XNCRXencor, Inc.	0.14%	9,137,195	$184M	added0%	+0.02 pp	20 q
XPEVXPeng Inc.	0.14%	15,953,045	$194M	trimmed−3%	+0.05 pp	17 q
ALKAlaska Air Group, Inc.	0.13%	3,852,347	$174M	trimmed−0%	+0.02 pp	20 q
BBWIBath & Body Works, Inc.	0.13%	5,419,675	$173M	trimmed−2%	−0.03 pp	20 q
PANWPalo Alto Networks, Inc.	0.13%	512,390	$175M	trimmed−1%	0.00 pp	20 q
CPRICapri Holdings Limited	0.13%	4,140,755	$176M	added+14%	+0.04 pp	20 q
AMTMAmentum Holdings, Inc.	0.12%	5,271,282	$170M	new	+0.12 pp	new
AVGOBroadcom Inc.	0.12%	950,635	$164M	trimmed−0%	+0.01 pp	4 q
CARRCarrier Global Corporation	0.12%	2,083,232	$168M	trimmed−15%	+0.01 pp	18 q
FCXFreeport-McMoran Inc.	0.12%	3,229,100	$161M	trimmed−3%	0.00 pp	16 q
GKOSGlaukos Corporation	0.12%	1,245,185	$162M	added+2%	+0.02 pp	20 q
PFGCPerformance Food Group Company	0.12%	2,098,330	$164M	added+29%	+0.04 pp	4 q
SYKStryker Corporation	0.12%	447,500	$162M	held	—	20 q
EBAYeBay Inc	0.11%	2,256,290	$147M	trimmed−2%	+0.02 pp	20 q
MSMorgan Stanley	0.11%	1,450,907	$151M	trimmed−4%	0.00 pp	16 q
TMUST-Mobile US, Inc.	0.11%	694,449	$143M	trimmed−2%	+0.02 pp	20 q
BURLBurlington Stores, Inc.	0.10%	498,200	$131M	trimmed−17%	0.00 pp	20 q
FORMFormFactor Inc.	0.10%	2,838,164	$131M	trimmed−1%	−0.03 pp	20 q
MRVLMarvell Technology, Inc.	0.10%	1,899,600	$137M	added+5%	+0.01 pp	7 q
PINSPinterest, Inc. Class A	0.10%	4,037,300	$131M	trimmed−1%	−0.03 pp	20 q
CRMSalesforce, Inc.	0.10%	509,100	$139M	added0%	+0.01 pp	20 q
LINLinde plc	0.10%	276,000	$132M	held	—	7 q
EWEdwards Lifesciences Corp	0.09%	1,784,700	$118M	trimmed−1%	−0.03 pp	20 q
FISFidelity National Information Services, Inc.	0.09%	1,527,100	$128M	trimmed−1%	+0.01 pp	15 q
GSGoldman Sachs Group Inc.	0.09%	254,650	$126M	trimmed−2%	0.00 pp	16 q
PODDInsulet Corporation	0.09%	552,098	$129M	trimmed−5%	+0.01 pp	20 q
RVTYRevvity, Inc.	0.09%	933,305	$119M	trimmed−3%	+0.02 pp	20 q
XMTRXometry, Inc. Class A	0.09%	6,918,252	$127M	added+2%	+0.03 pp	14 q
ABTAbbott Laboratories	0.08%	919,460	$105M	trimmed−1%	+0.01 pp	20 q
ACLSAxcelis Technologies Inc	0.08%	974,436	$102M	trimmed−2%	−0.02 pp	20 q
CCLCarnival Corporation Ltd.	0.08%	6,222,678	$115M	trimmed−1%	−0.01 pp	20 q
JBHTJB Hunt Transport Services Inc	0.08%	648,500	$112M	held	—	9 q
KEYSKeysight Technologies, Inc.	0.08%	702,235	$112M	trimmed−6%	+0.01 pp	20 q
NFLXNetFlix Inc	0.08%	160,390	$114M	trimmed−1%	0.00 pp	10 q
NFENew Fortress Energy Inc. Class A	0.08%	11,532,105	$105M	added+44%	−0.05 pp	17 q
NWLNewell Brands Inc.	0.08%	14,723,079	$113M	added+5%	+0.01 pp	20 q
NSCNorfolk Southern Corp.	0.08%	458,500	$114M	trimmed−1%	+0.01 pp	20 q
CTVACorteva, Inc.	0.07%	1,577,780	$93M	trimmed−1%	+0.01 pp	20 q
DFSDiscover Financial Services	0.07%	701,743	$98M	trimmed−8%	0.00 pp	20 q
DOWDow Inc.	0.07%	1,695,428	$93M	trimmed−2%	0.00 pp	20 q
EAElectronic Arts Inc	0.07%	710,130	$102M	trimmed−5%	−0.01 pp	20 q
EVREvercore Inc.	0.07%	350,520	$89M	trimmed−42%	−0.02 pp	12 q
INDIindie Semiconductor, Inc. Class A	0.07%	25,468,445	$102M	added+61%	0.00 pp	13 q
OKTAOkta, Inc. Class A	0.07%	1,341,316	$100M	trimmed−1%	−0.02 pp	19 q
UBERUber Technologies, Inc.	0.07%	1,329,700	$100M	added+2%	0.00 pp	18 q
ZMZoom Communications, Inc. Class A	0.07%	1,289,150	$90M	added+1%	+0.02 pp	19 q
ALKSAlkermes Inc. plc	0.07%	3,297,115	$92M	trimmed−3%	+0.01 pp	20 q
ARMArm Holdings plc	0.06%	569,490	$81M	trimmed−4%	−0.01 pp	5 q
CSXCSX Corporation	0.06%	2,330,400	$80M	held	—	20 q
CTRACoterra Energy Inc.	0.06%	3,289,920	$79M	trimmed−1%	0.00 pp	20 q
CHTRCharter Comm Inc Del CL A New	0.06%	239,850	$78M	held	—	20 q
IMCRImmunocore Holdings plc	0.06%	2,472,020	$77M	added+27%	+0.01 pp	3 q
IQVIQVIA Holdings Inc.	0.06%	325,956	$77M	added0%	+0.01 pp	19 q
LYVLive Nation Entertainment Inc.	0.06%	791,070	$87M	trimmed−2%	+0.01 pp	17 q
LYFTLyft, Inc. Class A	0.06%	6,491,590	$83M	added+4%	0.00 pp	20 q
WDCWestern Digital Corp.	0.06%	1,161,435	$79M	trimmed−3%	−0.01 pp	20 q
MDTMedtronic plc	0.06%	864,945	$78M	trimmed−1%	+0.01 pp	20 q
ALCAlcon Inc.	0.06%	788,198	$79M	trimmed−0%	+0.01 pp	20 q
BJBJs Wholesale Club Holdings, Inc.	0.05%	862,880	$71M	trimmed−1%	−0.01 pp	20 q
BBBlackBerry Limited	0.05%	28,296,211	$74M	trimmed−15%	−0.01 pp	20 q
CCJCameco Corporation	0.05%	1,347,900	$64M	trimmed−0%	0.00 pp	20 q
IEXIDEX Corporation	0.05%	294,495	$63M	trimmed−3%	+0.01 pp	20 q
MARMarriott International Class A	0.05%	292,800	$73M	trimmed−2%	0.00 pp	20 q
MOG.AMoog Inc.	0.05%	310,900	$63M	added+3%	+0.01 pp	5 q
ROKRockwell Automation, Inc.	0.05%	260,180	$70M	trimmed−1%	0.00 pp	20 q
SNYSanofi	0.05%	1,115,998	$64M	trimmed−0%	+0.01 pp	20 q
SCHWThe Charles Schwab Corporation	0.05%	1,036,350	$67M	trimmed−2%	−0.01 pp	20 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.05%	116,464	$68M	held	—	18 q
WOLFWolfspeed, Inc.	0.05%	6,349,180	$62M	added+5%	−0.05 pp	12 q
STXSeagate Technology Holdings PLC (Ireland)	0.05%	601,420	$66M	added+3%	+0.01 pp	8 q
AMEAmetek, Inc.	0.04%	355,900	$61M	added+1%	0.00 pp	19 q
ARLOArlo Technologies, Inc.	0.04%	4,961,891	$60M	trimmed−1%	−0.01 pp	20 q
AURAurora Innovation, Inc. Class A	0.04%	10,217,700	$60M	held	—	12 q
BNYBank of New York Mellon Corporation	0.04%	719,900	$52M	added+1%	+0.01 pp	7 q
BABoeing Company	0.04%	319,300	$49M	held	—	4 q
CRLCharles River Laboratories International, Inc.	0.04%	273,620	$54M	trimmed−0%	0.00 pp	20 q
DELLDell Technologies Inc.	0.04%	420,870	$50M	trimmed−2%	0.00 pp	20 q
ITGartner, Inc.	0.04%	110,800	$56M	held	—	4 q
HUBSHubspot, Inc.	0.04%	91,250	$49M	trimmed−1%	0.00 pp	20 q
LHXL3Harris Technologies, Inc.	0.04%	251,300	$60M	held	—	19 q
RYAAYRyanair Holdings plc	0.04%	1,068,250	$48M	trimmed−1%	0.00 pp	20 q
SW5Southwestern Energy Co	0.04%	7,431,779	$53M	trimmed−7%	0.00 pp	20 q
WEXWEX Inc.	0.04%	291,590	$61M	trimmed−30%	−0.01 pp	15 q
XPOXPO, Inc.	0.04%	551,100	$59M	held	—	15 q
NVTnVent Electric plc	0.04%	859,000	$60M	held	—	20 q
FTITechnipFMC plc	0.04%	1,889,100	$50M	trimmed−0%	0.00 pp	20 q
MOAltria Group, Inc.	0.03%	926,400	$47M	trimmed−4%	0.00 pp	20 q
CRWDCrowdStrike Holdings, Inc. Class A	0.03%	136,536	$38M	trimmed−32%	−0.03 pp	20 q
DEDeere & Company	0.03%	86,450	$36M	trimmed−0%	+0.01 pp	20 q
ELFe.l.f. Beauty, Inc.	0.03%	320,255	$35M	new	+0.03 pp	new
GFLGFL Environmental Inc. Subordinate Voting Shares	0.03%	1,054,200	$42M	held	—	8 q
GTLBGitLab Inc. Class A	0.03%	821,340	$42M	trimmed−1%	0.00 pp	12 q
HONHoneywell International, Inc.	0.03%	221,000	$46M	held	—	20 q
NBIXNeurocrine Biosciences Inc	0.03%	404,000	$47M	trimmed−1%	−0.01 pp	8 q
OSISOSI Systems Inc	0.03%	294,500	$45M	added+5%	0.00 pp	20 q
OLLIOllie's Bargain Outlet Holdings, Inc.	0.03%	483,100	$47M	trimmed−11%	−0.01 pp	13 q
LUNGPulmonx Corporation	0.03%	5,676,011	$47M	trimmed−1%	0.00 pp	16 q
RTXRTX Corporation	0.03%	385,932	$47M	trimmed−0%	0.00 pp	20 q
SLBSLB Limited	0.03%	997,300	$42M	added+1%	0.00 pp	20 q
TTDThe Trade Desk, Inc.	0.03%	340,400	$37M	trimmed−9%	0.00 pp	7 q
VSXYVictorias Secret & Co.	0.03%	1,771,616	$46M	trimmed−1%	+0.01 pp	13 q
WATWaters Corp	0.03%	98,459	$35M	trimmed−0%	+0.01 pp	16 q
NCLHNorwegian Cruise Line Holdings Ltd.	0.03%	2,204,270	$45M	trimmed−1%	0.00 pp	20 q
ALTRAltair Engineering Inc. Class A	0.02%	322,493	$31M	trimmed−6%	0.00 pp	20 q
AXONAxon Enterprise, Inc.	0.02%	76,600	$31M	trimmed−16%	0.00 pp	20 q
BBIOBridgeBio Pharma, Inc.	0.02%	906,724	$23M	trimmed−2%	0.00 pp	15 q
CASYCasey's General Stores Inc	0.02%	74,300	$28M	added+18%	0.00 pp	2 q
CMAComerica Incorporated	0.02%	444,500	$27M	new	+0.02 pp	new
DOCUDocuSign, Inc.	0.02%	487,840	$30M	added+8%	0.00 pp	3 q
EXKExact Sciences Corp	0.02%	496,300	$34M	held	—	20 q
FLYWFlywire Corporation Voting	0.02%	1,964,032	$32M	added0%	0.00 pp	10 q
LKFTLakefront Biotherapeutics	0.02%	720,240	$21M	held	—	7 q
GRALGRAIL, Inc.	0.02%	2,182,506	$30M	added+17%	0.00 pp	2 q
JBLUJetBlue Airways Corp	0.02%	3,167,400	$21M	trimmed−1%	+0.01 pp	20 q
KEYKeyCorp	0.02%	1,709,500	$29M	trimmed−27%	0.00 pp	5 q
KEXKirby Corporation	0.02%	268,000	$33M	trimmed−5%	0.00 pp	16 q
MGMMgm Resorts International	0.02%	798,950	$31M	trimmed−1%	−0.01 pp	20 q
MXLMaxLinear, Inc.	0.02%	2,071,170	$30M	trimmed−9%	−0.01 pp	20 q
MBLYMobileye Global Inc. Class A	0.02%	1,764,400	$24M	trimmed−8%	−0.02 pp	8 q
SAIASaia, Inc.	0.02%	70,600	$31M	held	—	10 q
TPRTapestry, Inc.	0.02%	675,605	$32M	added0%	0.00 pp	4 q
TSNTyson Foods, Inc.	0.02%	433,700	$26M	added+29%	+0.01 pp	20 q
ULTAUlta Beauty, Inc.	0.02%	66,400	$26M	held	—	20 q
WSCWillScot Holdings Corporation Class A	0.02%	878,500	$33M	held	—	18 q
GTMZoomInfo Technologies Inc	0.02%	2,565,440	$26M	added+98%	+0.01 pp	18 q
CRDOCredo Technology Group Holding Ltd	0.02%	698,900	$22M	trimmed−13%	0.00 pp	10 q
9900123DPerimeter Solutions SA	0.02%	1,845,691	$25M	trimmed−1%	+0.01 pp	12 q
SSYSStratasys Inc (ISRAEL)	0.02%	2,586,399	$21M	trimmed−3%	0.00 pp	20 q
WVEWave Life Sciences Ltd.	0.02%	2,580,700	$21M	trimmed−3%	+0.01 pp	20 q
ALLOAllogene Therapeutics, Inc.	0.01%	5,668,260	$16M	trimmed−0%	0.00 pp	16 q
OPTUOptimum Communications, Inc.	0.01%	4,870,800	$12M	held	—	19 q
AMHAmerican Homes 4 Rent	0.01%	307,560	$12M	trimmed−8%	0.00 pp	18 q
AM6Amicus Therapeutics Inc	0.01%	1,028,800	$11M	trimmed−2%	0.00 pp	20 q
BRBRBellRing Brands, Inc.	0.01%	277,391	$17M	new	+0.01 pp	new
BOOTBoot Barn Holdings, Inc.	0.01%	63,000	$11M	trimmed−1%	0.00 pp	20 q
CERSCerus Corp	0.01%	8,544,000	$15M	trimmed−0%	0.00 pp	20 q
GTLSChart Inds Inc	0.01%	155,600	$19M	added+57%	0.00 pp	2 q
CIENCiena Corporation	0.01%	127,500	$8M	added+4%	+0.01 pp	18 q
CMCSAComcast Corp	0.01%	345,800	$14M	held	—	20 q
DHRDanaher Corporation	0.01%	31,937	$9M	trimmed−52%	0.00 pp	14 q
DGDollar General Corp.	0.01%	114,350	$10M	trimmed−10%	0.00 pp	12 q
DASHDoorDash, Inc. Class A	0.01%	130,160	$19M	trimmed−0%	0.00 pp	16 q
GXOGXO Logistics, Inc.	0.01%	229,500	$12M	added+1%	0.00 pp	13 q
ROCKGibraltar Industries, Inc.	0.01%	102,300	$7M	held	—	20 q
GFFGriffon Corp	0.01%	234,100	$16M	trimmed−2%	0.00 pp	6 q
HCATHealth Catalyst, Inc	0.01%	2,404,462	$20M	added+1%	0.00 pp	18 q
HUMHumana Inc.	0.01%	37,495	$12M	held	—	14 q
IBTAIbotta, Inc.	0.01%	143,670	$9M	added+17%	0.00 pp	2 q
IMAXImax Corp	0.01%	925,700	$19M	trimmed−3%	0.00 pp	20 q
IRBTiRobot Corporation	0.01%	1,448,163	$13M	trimmed−2%	0.00 pp	20 q
KNXKnight-Swift Transportation Holdings Inc. Class A	0.01%	177,200	$10M	trimmed−3%	0.00 pp	8 q
LPLALPL Financial Holdings Inc.	0.01%	40,900	$10M	trimmed−83%	−0.04 pp	19 q
LVSLas Vegas Sands Corp.	0.01%	224,100	$11M	held	—	20 q
SPHRSphere Entertainment Co.	0.01%	428,918	$19M	trimmed−31%	−0.01 pp	6 q
MATXMatsons, Inc.	0.01%	59,550	$8M	trimmed−32%	0.00 pp	20 q
MCDMcDonald's Corporation	0.01%	41,100	$13M	held	—	20 q
MRKMerck & Co., Inc.	0.01%	66,800	$8M	trimmed−8%	0.00 pp	20 q
MDBMongoDB, Inc. Class A	0.01%	70,250	$19M	trimmed−1%	0.00 pp	17 q
NMIHNMI Holdings Inc.	0.01%	436,300	$18M	trimmed−0%	0.00 pp	20 q
NKTRNektar Therapeutics	0.01%	5,912,453	$8M	trimmed−2%	0.00 pp	20 q
ODFLOld Dominion Freight Line	0.01%	47,300	$9M	trimmed−4%	0.00 pp	20 q
OSOneStream, Inc. Class A	0.01%	266,000	$9M	new	+0.01 pp	new
PENPenumbra, Inc.	0.01%	39,280	$8M	trimmed−2%	0.00 pp	20 q
PMPhilip Morris International Inc.	0.01%	63,800	$8M	trimmed−8%	0.00 pp	20 q
RXORXO, Inc.	0.01%	722,200	$20M	trimmed−29%	−0.01 pp	8 q
RGENRepligen Corp	0.01%	54,729	$8M	held	—	14 q
QSRRestaurant Brands International Inc.	0.01%	119,300	$9M	held	—	20 q
USFDUS Foods Holding Corp.	0.01%	287,408	$18M	added×2.5	+0.01 pp	2 q
UUnity Software Inc.	0.01%	811,994	$18M	added+7%	0.00 pp	17 q
VSECVSE Corp	0.01%	133,152	$11M	new	+0.01 pp	new
VLOValero Energy Corporation	0.01%	139,870	$19M	trimmed−36%	−0.01 pp	16 q
TROXTronox Limited Cl A	0.01%	1,296,700	$19M	trimmed−1%	0.00 pp	5 q
CYBRCyberark Software LTD/ISRAEL	0.01%	61,850	$18M	held	—	20 q
ARAYAccuray Incorporated	0.00%	172,600	$310,680	trimmed−1%	0.00 pp	20 q
ADPTAdaptive Biotechnologies Corporation	0.00%	76,030	$389,274	trimmed−48%	0.00 pp	19 q
ALGTAllegiant Travel Company	0.00%	41,150	$2M	held	—	20 q
ANETArista Networks	0.00%	4,200	$2M	held	—	20 q
ARRYArray Technologies, Inc.	0.00%	911,600	$6M	added+1%	−0.01 pp	10 q
LUCKLucky Strike Entertainment Corporation	0.00%	326,900	$4M	held	—	5 q
EATBrinker International, Inc.	0.00%	34,800	$3M	trimmed−16%	0.00 pp	14 q
CBOECboe Global Markets, Inc.	0.00%	10,200	$2M	held	—	20 q
ENOVEnovis Corporation	0.00%	85,300	$4M	held	—	10 q
VLRSControladora Vuela Compania De Aviacion, S.a.b. De C.v.	0.00%	52,700	$333,591	held	—	20 q
DECKDeckers Outdoor Corp	0.00%	32,064	$5M	held	—	8 q
DUOLDuolingo, Inc. Class A	0.00%	5,350	$2M	held	—	7 q
EPREPR Properties	0.00%	129,260	$6M	trimmed−2%	0.00 pp	18 q
ESABESAB Corporation	0.00%	6,667	$708,769	trimmed−44%	0.00 pp	10 q
ETSYEtsy, Inc.	0.00%	32,000	$2M	trimmed−61%	0.00 pp	5 q
FGENKyntra Bio, Inc.	0.00%	9,911,231	$4M	trimmed−27%	−0.01 pp	20 q
FIVEFive Below, Inc.	0.00%	3,700	$326,895	trimmed−66%	0.00 pp	20 q
LABStandard BioTools Inc.	0.00%	2,962,123	$6M	trimmed−2%	0.00 pp	20 q
FTNTFortinet, Inc.	0.00%	69,450	$5M	held	—	7 q
ULCCFrontier Group Holdings, Inc.	0.00%	266,600	$1M	held	—	14 q
GILGildan Activewear Inc.	0.00%	96,500	$5M	trimmed−1%	0.00 pp	20 q
GMEDGlobus Medical Inc	0.00%	46,225	$3M	trimmed−3%	0.00 pp	5 q
GEF.BGreif, Inc. Class B	0.00%	24,000	$2M	held	—	20 q
GRWGGrow Generation Corp	0.00%	1,159,900	$2M	held	—	11 q
GHGuardant Health, Inc.	0.00%	66,176	$2M	held	—	17 q
HLNHaleon plc	0.00%	548,000	$6M	held	—	9 q
HTZHertz Global Holdings, Inc	0.00%	349,800	$1M	held	—	11 q
IMNMImmunome, Inc.	0.00%	280,800	$4M	added+4%	0.00 pp	3 q
NGVTIngevity Corporation	0.00%	69,000	$3M	held	—	20 q
IEIvanhoe Electric Inc.	0.00%	425,800	$4M	held	—	5 q
JAMFJamf Holding Corp.	0.00%	48,000	$832,800	held	—	14 q
JELDJELD-WEN Holding, Inc.	0.00%	312,300	$5M	held	—	15 q
LICYQLi-cycle Holdings Corp	0.00%	409,575	$896,969	trimmed−0%	0.00 pp	13 q
unresolvedLeslies Inc	0.00%	976,800	$3M	held	—	12 q
LOARLoar Holdings Inc.	0.00%	8,380	$625,064	trimmed−57%	0.00 pp	2 q
MSGEMadison Square Garden Entertainment Corp.	0.00%	76,100	$3M	held	—	6 q
MQMarqeta, Inc. Class A	0.00%	488,300	$2M	added+1%	0.00 pp	13 q
MREOMereo BioPharma Group plc	0.00%	54,000	$221,940	held	—	20 q
NNBRNN Inc	0.00%	337,600	$1M	trimmed−2%	0.00 pp	20 q
NICENICE Ltd	0.00%	2,250	$390,758	added+13%	0.00 pp	2 q
MASS908 Devices Inc.	0.00%	20,000	$69,400	trimmed−19%	0.00 pp	16 q
LASRnLIGHT, Inc.	0.00%	263,179	$3M	trimmed−1%	0.00 pp	20 q
NRIXNurix Therapeutics, Inc.	0.00%	290,000	$7M	held	—	3 q
OSUROraSure Technologies Inc	0.00%	708,150	$3M	trimmed−2%	0.00 pp	20 q
PROPros Holdings, Inc.	0.00%	254,980	$5M	trimmed−13%	−0.01 pp	20 q
RMBSRambus Inc	0.00%	94,500	$4M	trimmed−9%	0.00 pp	20 q
RPDRapid7, Inc.	0.00%	95,830	$4M	trimmed−2%	0.00 pp	20 q
RNGRingcentral, Inc.	0.00%	62,500	$2M	added+16%	0.00 pp	19 q
RIVNRivian Automotive, Inc. Class A	0.00%	286,180	$3M	trimmed−8%	0.00 pp	12 q
RBLXRoblox Corporation	0.00%	50,300	$2M	held	—	13 q
SVVSavers Value Village, Inc.	0.00%	61,900	$651,188	new	0.00 pp	new
SSTKShutterstock, Inc.	0.00%	99,800	$4M	held	—	6 q
SNAPSnap Inc.	0.00%	123,750	$1M	held	—	18 q
SNCYSun Country Airlines Holdings, Inc.	0.00%	144,815	$2M	trimmed−8%	0.00 pp	15 q
TXG10x Genomics, Inc. Class A	0.00%	295,400	$7M	added+58%	0.00 pp	5 q
ZIMVZimVie Inc.	0.00%	34,860	$553,228	held	—	11 q
ZNTLZentalis Pharmaceuticals, Inc.	0.00%	1,498,030	$6M	added+22%	0.00 pp	18 q
AMBAAmbarella, Inc.	0.00%	29,400	$2M	trimmed−2%	0.00 pp	17 q
BIOXBioceres Crop Solutions Corp.	0.00%	39,700	$312,439	held	—	9 q
MURAMural Oncology PLC	0.00%	140,045	$438,341	trimmed−41%	0.00 pp	4 q
PRTAProthena Corporation plc	0.00%	35,500	$593,915	trimmed−3%	0.00 pp	3 q
LOWLowe's Companies Inc.	—	−125,000	—	exited	−0.02 pp	—
OMCLOmnicell Inc	—	−110,769	—	exited	0.00 pp	—
VLTOVeralto Corporation	—	−9,667	—	exited	0.00 pp	—