| Issuer | % book | Value | Conviction | Business |
|---|
| $MRSH · MARSH & MCLENNAN COS INC | 1.2% | $896,583,647 | Med | Insurance brokerage and consulting |
| $SUNB · SUNBELT RENTALS HOLDINGS INC | 1.0% | $758,515,445 | Med | |
| ACCENTURE PLC IRELAND | 0.8% | $573,435,162 | Med | IT consulting and outsourcing services |
| $ROP · ROPER TECHNOLOGIES INC | 0.8% | $612,017,155 | Med | Niche software and engineered products |
| $RJF · RAYMOND JAMES FINL INC | 0.7% | $495,952,232 | Med | Diversified financial services and wealth management |
| $ADBE · ADOBE INC | 0.7% | $557,582,057 | Med | Creative and digital-experience software |
| $SYF · SYNCHRONY FINANCIAL | 0.4% | $316,905,235 | Med | |
| $CPNG · COUPANG INC | 0.3% | $188,457,404 | Med | South Korea's largest e-commerce platform |
| $HLN · HALEON PLC | 0.2% | $150,470,730 | Med | Consumer health products (Sensodyne, Advil) |
| $WAT · WATERS CORP | 0.1% | $85,978,434 | Med | Analytical lab instruments (chromatography) |
| $MBB · ISHARES TR | 0.0% | $2,659 | Med | BlackRock iShares ETF family (index funds) |
| $SAP · SAP SE | 0.0% | $248,939 | Med | German enterprise software (ERP) |
| $UL · UNILEVER PLC | 0.0% | $234,887 | Med | |
| $EQH · EQUITABLE HLDGS INC | 0.0% | $1,048,172 | Med | Life insurance and retirement (AllianceBernstein owner) |
| $USIG · ISHARES TR | 0.0% | $2,562 | Med | BlackRock iShares ETF family (index funds) |
| Issuer | % book | Δ shares | Conviction | Business |
|---|
| $CRM · SALESFORCE INC | 3.7% | +52% | Low | Cloud CRM and enterprise software |
| $NFLX · NETFLIX INC. | 1.3% | +30200% | Low | Subscription video streaming service |
| $SYY · SYSCO CORP | 1.0% | +39% | Low | |
| $IT · GARTNER INC | 0.7% | +225% | Low | IT research and advisory services |
| $CNC · CENTENE CORP DEL | 0.6% | +56% | Low | Government-sponsored managed care (Medicaid/ACA) |
| ICON PLC | 0.6% | +73% | Low | Clinical-research outsourcing (CRO) |
| $CRL · CHARLES RIV LABS INTL INC | 0.5% | +28% | Low | Preclinical drug-research services |
| $OC · OWENS CORNING NEW | 0.1% | +226% | Low | Insulation, roofing and building materials |
| $SGOV · ISHARES TR | 0.0% | +834% | Low | BlackRock iShares ETF family (index funds) |
| $SPY · STATE STR SPDR S&P 500 ETF T | 0.0% | +53% | Low | |
| $CIGI · COLLIERS INTL GROUP INC | 0.0% | +332% | Low | Commercial real estate services and investment management |
| $BABA · ALIBABA GROUP HLDG LTD | 0.0% | +40% | Low | China e-commerce, cloud computing and fintech |
| $KBIA · KB FINL GROUP INC | 0.0% | +2580% | Low | |
| $WDAY · WORKDAY INC | 0.0% | +104% | Low | Cloud HR and finance enterprise software |