| BlackRock, Inc. (BLK) | $5.4B | 14.81% | 5,092,825 | -102,340 | Trimmed |
| Alphabet Inc. (GOOGL) | $2.5B | 6.84% | 7,235,329 | +158,951 | Added |
| Visa Inc. (V) | $2.2B | 6.03% | 6,106,751 | -490,463 | Trimmed |
| NVIDIA Corp. (NVDA) | $1.8B | 4.89% | 7,799,850 | -604,873 | Trimmed |
| Mastercard Inc. (MA) | $1.7B | 4.69% | 3,098,313 | -155,289 | Trimmed |
| Microsoft Corp. (MSFT) | $1.3B | 3.69% | 2,616,212 | -26,271 | Trimmed |
| Broadcom Inc. (AVGO) | $1.2B | 3.38% | 3,500,674 | -240,099 | Trimmed |
| Amazon.com Inc. (AMZN) | $1.2B | 3.33% | 4,869,713 | +299,529 | Added |
| Space Exploration Technologies Corp. (SPCX) | $1.2B | 3.19% | 7,686,339 | -2,145,606 | Trimmed |
| Thermo Fisher Scientific Inc. (TMO) | $814.3M | 2.24% | 1,206,213 | +42,484 | Added |
| Icici Bank ADR (IBN) | $804.3M | 2.21% | 29,195,789 | 0 | Held |
| Alphabet Inc. (GOOG) | $681.5M | 1.87% | 2,000,000 | 0 | Held |
| DoorDash, Inc. (DASH) | $635.4M | 1.75% | 3,461,501 | 0 | Held |
| Intapp, Inc. (INTA) | $620.9M | 1.71% | 17,146,805 | 0 | Held |
| S&P Global Inc. (SPGI) | $619.3M | 1.70% | 1,570,043 | +63,130 | Added |
| Sea Limited (SE) | $559.3M | 1.54% | 5,744,587 | 0 | Held |
| HDFC Bank Limited (HDB) | $467.7M | 1.28% | 20,935,515 | +5,630,283 | Added |
| Intel Corp. (INTC) | $443.0M | 1.22% | 3,684,210 | +3,684,210 | New position |
| TPG Inc. (TPG) | $383.8M | 1.05% | 8,697,241 | -1,465,824 | Trimmed |
| Airbnb, Inc. (ABNB) | $357.0M | 0.98% | 2,222,194 | 0 | Held |
| Roblox Corp. (RBLX) | $347.0M | 0.95% | 8,188,943 | +411,183 | Added |
| Ermenegildo Zegna N V (ZGN) | $340.5M | 0.94% | 27,242,276 | 0 | Held |
| Teck Resources Ltd (TECK) | $325.1M | 0.89% | 4,937,753 | -747,700 | Trimmed |
| KKR & Co. Inc. (KKR) | $319.4M | 0.88% | 3,498,145 | -171,194 | Trimmed |
| GE Vernova Inc. (GEV) | $308.0M | 0.85% | 324,080 | -153,184 | Trimmed |
| MSCI Inc. (MSCI) | $307.7M | 0.84% | 571,173 | +264,624 | Added |
| JP Morgan Ultra Short Income Et (JPST) | $298.2M | 0.82% | 5,919,494 | 0 | Held |
| Linde plc (LIN) | $261.6M | 0.72% | 551,200 | +73,829 | Added |
| Cadence Design Systems Inc. (CDNS) | $261.1M | 0.72% | 790,710 | +118,244 | Added |
| Apollo Global Management, Inc. (APO) | $256.2M | 0.70% | 2,207,725 | +178,330 | Added |
| TransDigm Group Inc. (TDG) | $244.6M | 0.67% | 225,938 | +22,519 | Added |
| Lam Research Corp. (LRCX) | $224.0M | 0.61% | 681,802 | -73,202 | Trimmed |
| Comfort Systems USA Inc. (FIX) | $218.8M | 0.60% | 132,304 | +7,868 | Added |
| Sterling Infrastructure, Inc. (STRL) | $217.0M | 0.60% | 441,156 | +247,432 | Added |
| Walmart Inc. (WMT) | $207.9M | 0.57% | 2,000,659 | +1,315,936 | Added |
| PDD Holdings Inc. (PDD) | $207.0M | 0.57% | 2,656,257 | -966,715 | Trimmed |
| Netflix Inc. (NFLX) | $205.3M | 0.56% | 2,950,548 | +424,204 | Added |
| Intuitive Surgical Inc. (ISRG) | $203.4M | 0.56% | 500,295 | +69,526 | Added |
| Marvell Technology, Inc. (MRVL) | $190.5M | 0.52% | 720,962 | -140,000 | Trimmed |
| General Electric Co. (GE) | $190.3M | 0.52% | 609,375 | +4,342 | Added |
| Booking Holdings Inc. (BKNG) | $189.7M | 0.52% | 1,164,279 | -546,084 | Trimmed |
| Guardant Health, Inc. (GH) | $188.7M | 0.52% | 1,057,711 | +33,784 | Added |
| Caterpillar Inc. (CAT) | $188.6M | 0.52% | 232,556 | +91,883 | Added |
| UnitedHealth Group Inc. (UNH) | $186.4M | 0.51% | 507,732 | +135,846 | Added |
| Meta Platforms, Inc. (META) | $185.0M | 0.51% | 255,084 | -41,934 | Trimmed |
| Eli Lilly & Co. (LLY) | $180.1M | 0.49% | 155,659 | +4,186 | Added |
| Descartes Sys Group Inc. (DSGX) | $178.7M | 0.49% | 2,205,965 | +194,800 | Added |
| Apple Inc. (AAPL) | $176.4M | 0.48% | 529,790 | +25,315 | Added |
| Micron Technology Inc. (MU) | $170.4M | 0.47% | 159,948 | +26,942 | Added |
| Wells Fargo & Company (WFC) | $168.2M | 0.46% | 2,100,925 | -75,628 | Trimmed |
| Credo Technology Group Holding Ltd. (CRDO) | $165.5M | 0.46% | 849,823 | +434,315 | Added |
| AstraZeneca PLC (AZN) | $160.3M | 0.44% | 982,928 | +428,518 | Added |
| Denali Therapeutics Inc. (DNLI) | $145.0M | 0.40% | 7,012,974 | 0 | Held |
| Invesco Exch Traded FD Trust II (KBWB) | $141.3M | 0.39% | 1,619,585 | -40,671 | Trimmed |
| Alibaba Group Holding Limited (BABA) | $141.2M | 0.39% | 1,313,262 | 0 | Held |
| Cameco Corp. (CCJ) | $127.2M | 0.35% | 1,467,980 | +568,538 | Added |
| Merck & Co., Inc. (MRK) | $124.2M | 0.34% | 854,841 | +38,740 | Added |
| BioNTech SE (BNTX) | $121.5M | 0.33% | 1,235,827 | -270,200 | Trimmed |
| KLA Corp. (KLAC) | $120.2M | 0.33% | 616,671 | +292,801 | Added |
| Palo Alto Networks Inc. (PANW) | $118.2M | 0.33% | 297,538 | 0 | Held |
| Deere & Co. (DE) | $111.4M | 0.31% | 165,819 | +29,273 | Added |
| Boston Scientific Corp. (BSX) | $104.7M | 0.29% | 2,399,426 | 0 | Held |
| Amer Sports Inc. (AS) | $103.7M | 0.28% | 3,800,848 | +1,492,019 | Added |
| Vaneck ETF Trust (GDX) | $103.7M | 0.28% | 1,180,796 | +273,996 | Added |
| iShares Trust (ICSH) | $99.5M | 0.27% | 1,973,943 | 0 | Held |
| Ftai Aviation Ltd. (FTAI) | $98.3M | 0.27% | 588,281 | +20,406 | Added |
| Eaton Corp. plc (ETN) | $97.7M | 0.27% | 227,445 | +227,445 | New position |
| Unity Software Inc. (U) | $96.7M | 0.27% | 2,362,697 | -2,220,146 | Trimmed |
| iShares Inc. (EWY) | $92.9M | 0.26% | 508,394 | -341,404 | Trimmed |
| NetEase, Inc. (NTES) | $91.1M | 0.25% | 752,134 | +44,020 | Added |
| Trip.com Group Limited (TCOM) | $84.1M | 0.23% | 2,149,648 | -90,023 | Trimmed |
| ZTO Express (Cayman) Inc. (ZTO) | $80.5M | 0.22% | 4,147,325 | 0 | Held |
| Makemytrip Limited Mauritius (MMYT) | $80.3M | 0.22% | 1,701,456 | 0 | Held |
| Vertiv Holdings Co. (VRT) | $78.5M | 0.22% | 325,213 | -50,482 | Trimmed |
| TJX Companies Inc. (TJX) | $76.8M | 0.21% | 580,649 | +101,136 | Added |
| SPDR Gold Trust (GLD) | $75.9M | 0.21% | 199,414 | +130,914 | Added |
| ASML Holding N.V. (ASML) | $75.9M | 0.21% | 41,905 | -70,174 | Trimmed |
| Pasqal Hldg SA (PSQL) | $75.5M | 0.21% | 11,873,655 | +11,873,655 | New position |
| Beigene, Ltd (ONC) | $75.2M | 0.21% | 205,466 | -640,263 | Trimmed |
| Flywire Corp. (FLYW) | $73.7M | 0.20% | 4,208,966 | -1,964,419 | Trimmed |
| PepsiCo Inc. (PEP) | $73.4M | 0.20% | 579,619 | 0 | Held |
| GE HealthCare Technologies Inc. (GEHC) | $66.6M | 0.18% | 1,018,398 | -1,496,995 | Trimmed |
| H World Group Ltd (HTHT) | $56.5M | 0.15% | 1,318,998 | -990,217 | Trimmed |
| Arxis, Inc. (ARXS) | $56.1M | 0.15% | 1,136,764 | -237,037 | Trimmed |
| SPDR Ser Trust (XOP) | $55.4M | 0.15% | 308,892 | +308,892 | New position |
| Atour Lifestyle Hldgs Ltd (ATAT) | $48.4M | 0.13% | 1,484,484 | +407,929 | Added |
| Snowflake Inc. (SNOW) | $47.1M | 0.13% | 138,642 | +19,971 | Added |
| Lumentum Holdings Inc. (LITE) | $45.9M | 0.13% | 47,265 | +25,240 | Added |
| Progressive Corp. (PGR) | $45.2M | 0.12% | 218,012 | -453,963 | Trimmed |
| Cognizant Technology Solutions Corp. (CTSH) | $44.3M | 0.12% | 771,051 | +36,123 | Added |
| Global X FDS (COPX) | $36.2M | 0.10% | 426,814 | 0 | Held |
| Home Depot, Inc. (HD) | $36.0M | 0.10% | 126,404 | -126,400 | Trimmed |
| KE Holdings Inc. (BEKE) | $34.6M | 0.10% | 2,051,385 | -844,766 | Trimmed |
| Applied Aerospace & Defense (AADX) | $34.4M | 0.10% | 2,862,055 | -387,945 | Trimmed |
| Amphenol Corp. (APH) | $32.5M | 0.09% | 385,658 | +385,658 | New position |
| Teradyne, Inc. (TER) | $30.9M | 0.09% | 77,032 | -4,214 | Trimmed |
| Nexgen Energy Ltd (NXE) | $29.8M | 0.08% | 3,267,070 | +489,200 | Added |
| Yum China Holdings, Inc. (YUMC) | $29.4M | 0.08% | 715,834 | -1,200,685 | Trimmed |
| Genpact Ltd. (G) | $28.5M | 0.08% | 876,938 | +266 | Held |
| Southern Copper Corp. (SCCO) | $27.2M | 0.07% | 134,003 | -138,976 | Trimmed |