Sands Capital Management Activity Q4 1999-Q2 2024

Q2 2024

			Value		Shares		↓ Weighting
NVDA	New	NVIDIA CORPORATION	$3,102,882,650	–	25,116,421	–	9.12%	–
AMZN	New	AMAZON COM INC	$2,510,909,811	–	12,993,065	–	7.38%	–
ASML	New	ASML HOLDING N V	$2,018,887,429	–	1,974,018	–	5.93%	–
MSFT	New	MICROSOFT CORP	$1,429,981,663	–	3,199,422	–	4.20%	–
V	New	VISA INC	$1,386,198,401	–	5,281,359	–	4.07%	–
MELI	New	MERCADOLIBRE INC	$1,286,093,615	–	782,581	–	3.78%	–
LRCX	New	LAM RESEARCH CORP	$1,224,268,693	–	1,149,710	–	3.60%	–
DXCM	New	DEXCOM INC	$1,202,565,310	–	10,606,503	–	3.53%	–
NFLX	New	NETFLIX INC	$1,080,454,535	–	1,600,958	–	3.18%	–
	New	NU HLDGS LTD	$1,022,706,508	–	79,341,079	–	3.00%	–
ENTG	New	ENTEGRIS INC	$1,022,502,076	–	7,551,714	–	3.00%	–
FB	New	META PLATFORMS INCcl a	$1,003,731,594	–	1,990,662	–	2.95%	–
NOW	New	SERVICENOW INC	$992,915,207	–	1,262,175	–	2.92%	–
SHOP	New	SHOPIFY INCcl a	$973,337,503	–	14,736,374	–	2.86%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$830,681,964	–	4,779,253	–	2.44%	–
OKTA	New	OKTA INCcl a	$824,898,902	–	8,812,081	–	2.42%	–
	New	ATLASSIAN CORPORATIONcl a	$753,989,737	–	4,262,719	–	2.22%	–
AXON	New	AXON ENTERPRISE INC	$753,163,774	–	2,559,692	–	2.21%	–
SQ	New	BLOCK INCcl a	$742,308,147	–	11,510,438	–	2.18%	–
DASH	New	DOORDASH INCcl a	$693,291,599	–	6,373,337	–	2.04%	–
GOOGL	New	ALPHABET INCcap stk cl a	$684,591,831	–	3,758,396	–	2.01%	–
SE	New	SEA LTDsponsord ads	$620,748,930	–	8,691,528	–	1.82%	–
DDOG	New	DATADOG INC	$545,175,259	–	4,203,680	–	1.60%	–
NET	New	CLOUDFLARE INC	$535,827,436	–	6,469,002	–	1.57%	–
EW	New	EDWARDS LIFESCIENCES CORP	$521,766,262	–	5,648,655	–	1.53%	–
SNOW	New	SNOWFLAKE INCcl a	$511,365,768	–	3,785,371	–	1.50%	–
	New	FLUTTER ENTMT PLC	$372,135,669	–	2,040,665	–	1.09%	–
ABNB	New	AIRBNB INC	$344,015,111	–	2,268,780	–	1.01%	–
ALGN	New	ALIGN TECHNOLOGY INC	$316,603,576	–	1,311,368	–	0.93%	–
NKE	New	NIKE INCcl b	$310,645,218	–	4,121,603	–	0.91%	–
AAPL	New	APPLE INC	$275,359,322	–	1,307,375	–	0.81%	–
CPNG	New	COUPANG INCcl a	$265,845,905	–	12,689,542	–	0.78%	–
	New	SAMSARA INC	$256,531,848	–	7,612,221	–	0.75%	–
ROP	New	ROPER TECHNOLOGIES INC	$229,122,153	–	406,490	–	0.67%	–
IRTC	New	IRHYTHM TECHNOLOGIES INC	$228,842,963	–	2,126,003	–	0.67%	–
GLOB	New	GLOBANT S A	$225,452,018	–	1,264,737	–	0.66%	–
RARE	New	ULTRAGENYX PHARMACEUTICAL IN	$220,080,225	–	5,354,750	–	0.65%	–
UBER	New	UBER TECHNOLOGIES INC	$206,385,035	–	2,839,640	–	0.61%	–
	New	KASPI KZ JSCsponsored ads	$196,139,192	–	1,520,341	–	0.58%	–
FND	New	FLOOR & DECOR HLDGS INCcl a	$193,963,324	–	1,951,145	–	0.57%	–
HDB	New	HDFC BANK LTDsponsored ads	$190,037,317	–	2,954,101	–	0.56%	–
	New	LIBERTY MEDIA CORP DEL	$189,063,052	–	2,631,724	–	0.56%	–
RGEN	New	REPLIGEN CORP	$179,198,324	–	1,421,532	–	0.53%	–
XP	New	XP INCcl a	$157,522,566	–	8,955,234	–	0.46%	–
TDG	New	TRANSDIGM GROUP INC	$154,440,052	–	120,882	–	0.45%	–
GOOG	New	ALPHABET INCcap stk cl c	$125,682,869	–	685,219	–	0.37%	–
UNH	New	UNITEDHEALTH GROUP INC	$123,935,041	–	243,363	–	0.36%	–
TXN	New	TEXAS INSTRS INC	$106,671,304	–	548,354	–	0.31%	–
CHTR	New	CHARTER COMMUNICATIONS INC Ncl a	$100,840,703	–	337,305	–	0.30%	–
RACE	New	FERRARI N V	$89,233,745	–	218,512	–	0.26%	–
IQV	New	IQVIA HLDGS INC	$88,359,084	–	417,892	–	0.26%	–
BZ	New	KANZHUN LIMITEDsponsored ads	$85,715,439	–	4,556,908	–	0.25%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$83,787,357	–	612,078	–	0.25%	–
ZTS	New	ZOETIS INCcl a	$81,626,729	–	470,851	–	0.24%	–
CDNS	New	CADENCE DESIGN SYSTEM INC	$80,447,081	–	261,404	–	0.24%	–
WCN	New	WASTE CONNECTIONS INC	$63,539,066	–	362,335	–	0.19%	–
SITE	New	SITEONE LANDSCAPE SUPPLY INC	$61,693,277	–	508,140	–	0.18%	–
TXG	New	10X GENOMICS INC	$45,413,824	–	2,334,901	–	0.13%	–
	New	KLAVIYO INC	$35,586,776	–	1,429,762	–	0.10%	–
	New	STEVANATO GROUP S P A	$32,936,182	–	1,795,866	–	0.10%	–
GLBE	New	GLOBAL E ONLINE LTD	$24,173,266	–	666,481	–	0.07%	–
	New	GITLAB INC	$6,338,057	–	127,475	–	0.02%	–
INDA	New	ISHARES TRmsci india etf	$6,247,304	–	111,999	–	0.02%	–
IWF	New	ISHARES TRrus 1000 grw etf	$2,369,315	–	6,500	–	0.01%	–
PATH	New	UIPATH INCcl a	$933,768	–	73,641	–	0.00%	–
CSGP	New	COSTAR GROUP INC	$400,208	–	5,398	–	0.00%	–

Q4 2023

			Value		Shares		↓ Weighting
IWF	Exit	ISHARES TRrus 1000 grw etf	$0	–	-455	–	0.00%	–
	Exit	CANADIAN PACIFIC KANSAS CITY	$0	–	-413	–	0.00%	–
ZLAB	Exit	ZAI LAB LTDadr	$0	–	-98	–	0.00%	–
ILMN	Exit	ILLUMINA INC	$0	–	-103	–	0.00%	–
ADBE	Exit	ADOBE INC	$0	–	-160	–	0.00%	–
WCN	Exit	WASTE CONNECTIONS INC	$0	–	-214	–	0.00%	–
ICLR	Exit	ICON PLC	$0	–	-255	–	0.00%	–
INTU	Exit	INTUIT	$0	–	-195	–	0.00%	–
COUR	Exit	COURSERA INC	$0	–	-1,285	–	0.00%	–
BILL	Exit	BILL HOLDINGS INC	$0	–	-1,255	–	0.00%	–
CDNS	Exit	CADENCE DESIGN SYSTEM INC	$0	–	-2,436	–	-0.00%	–
TECH	Exit	BIO-TECHNE CORP	$0	–	-9,530	–	-0.00%	–
PATH	Exit	UIPATH INCcl a	$0	–	-44,642	–	-0.00%	–
	Exit	GITLAB INC	$0	–	-88,032	–	-0.01%	–
INDA	Exit	ISHARES TRmsci india etf	$0	–	-217,815	–	-0.03%	–
	Exit	KLAVIYO INC	$0	–	-638,974	–	-0.08%	–
RACE	Exit	FERRARI N V	$0	–	-87,944	–	-0.09%	–
	Exit	SAMSARA INC	$0	–	-1,510,705	–	-0.13%	–
CHGG	Exit	CHEGG INC	$0	–	-4,782,211	–	-0.14%	–
SITE	Exit	SITEONE LANDSCAPE SUPPLY INC	$0	–	-294,552	–	-0.16%	–
	Exit	STEVANATO GROUP S P A	$0	–	-1,854,880	–	-0.19%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-549,626	–	-0.21%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-145,132	–	-0.25%	–
IQV	Exit	IQVIA HLDGS INC	$0	–	-373,614	–	-0.25%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-422,906	–	-0.25%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-492,402	–	-0.27%	–
STE	Exit	STERIS PLC	$0	–	-380,655	–	-0.28%	–
BZ	Exit	KANZHUN LIMITEDsponsored ads	$0	–	-5,580,361	–	-0.29%	–
TDG	Exit	TRANSDIGM GROUP INC	$0	–	-108,388	–	-0.31%	–
RARE	Exit	ULTRAGENYX PHARMACEUTICAL IN	$0	–	-2,577,217	–	-0.31%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-760,193	–	-0.34%	–
CHTR	Exit	CHARTER COMMUNICATIONS INC Ncl a	$0	–	-302,748	–	-0.45%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-2,466,258	–	-0.50%	–
	Exit	LIBERTY MEDIA CORP DEL	$0	–	-2,366,583	–	-0.50%	–
TXG	Exit	10X GENOMICS INC	$0	–	-3,985,470	–	-0.56%	–
ROP	Exit	ROPER TECHNOLOGIES INC	$0	–	-353,277	–	-0.58%	–
MTCH	Exit	MATCH GROUP INC NEW	$0	–	-5,528,424	–	-0.74%	–
IRTC	Exit	IRHYTHM TECHNOLOGIES INC	$0	–	-2,349,720	–	-0.75%	–
FND	Exit	FLOOR & DECOR HLDGS INCcl a	$0	–	-2,462,861	–	-0.76%	–
CPNG	Exit	COUPANG INCcl a	$0	–	-14,342,509	–	-0.83%	–
RGEN	Exit	REPLIGEN CORP	$0	–	-1,570,363	–	-0.85%	–
XP	Exit	XP INCcl a	$0	–	-11,018,007	–	-0.86%	–
GLOB	Exit	GLOBANT S A	$0	–	-1,481,250	–	-1.00%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-4,536,176	–	-1.07%	–
	Exit	NU HLDGS LTD	$0	–	-44,228,248	–	-1.09%	–
ABNB	Exit	AIRBNB INC	$0	–	-2,767,415	–	-1.29%	–
DDOG	Exit	DATADOG INC	$0	–	-4,402,668	–	-1.36%	–
APTV	Exit	APTIV PLC	$0	–	-4,225,733	–	-1.42%	–
NKE	Exit	NIKE INCcl b	$0	–	-4,551,637	–	-1.48%	–
UBER	Exit	UBER TECHNOLOGIES INC	$0	–	-9,816,864	–	-1.54%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-1,531,666	–	-1.59%	–
OKTA	Exit	OKTA INCcl a	$0	–	-5,871,958	–	-1.63%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$0	–	-5,682,915	–	-1.68%	–
AXON	Exit	AXON ENTERPRISE INC	$0	–	-2,612,305	–	-1.77%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-4,290,753	–	-1.91%	–
FB	Exit	META PLATFORMS INCcl a	$0	–	-2,009,033	–	-2.05%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-7,930,840	–	-2.08%	–
SQ	Exit	BLOCK INCcl a	$0	–	-14,042,649	–	-2.12%	–
DASH	Exit	DOORDASH INCcl a	$0	–	-8,417,197	–	-2.28%	–
NET	Exit	CLOUDFLARE INC	$0	–	-11,007,391	–	-2.36%	–
SE	Exit	SEA LTDsponsord ads	$0	–	-16,119,943	–	-2.41%	–
SNOW	Exit	SNOWFLAKE INCcl a	$0	–	-4,832,436	–	-2.51%	–
ENTG	Exit	ENTEGRIS INC	$0	–	-8,965,192	–	-2.87%	–
SHOP	Exit	SHOPIFY INCcl a	$0	–	-15,756,715	–	-2.93%	–
ASML	Exit	ASML HOLDING N V	$0	–	-1,495,236	–	-3.00%	–
NFLX	Exit	NETFLIX INC	$0	–	-2,510,522	–	-3.23%	–
	Exit	ATLASSIAN CORPORATIONcl a	$0	–	-4,985,915	–	-3.42%	–
NOW	Exit	SERVICENOW INC	$0	–	-2,091,997	–	-3.98%	–
LRCX	Exit	LAM RESEARCH CORP	$0	–	-1,933,993	–	-4.13%	–
DXCM	Exit	DEXCOM INC	$0	–	-13,660,670	–	-4.34%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-1,023,648	–	-4.42%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-4,135,800	–	-4.44%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-3,655,727	–	-5.41%	–
V	Exit	VISA INC	$0	–	-7,786,704	–	-6.10%	–
AMZN	Exit	AMAZON COM INC	$0	–	-14,144,779	–	-6.12%	–

Q3 2023

			Value		Shares		↓ Weighting
AMZN	Sell	AMAZON COM INC	$1,798,084,306	-5.7%	14,144,779	-3.3%	6.12%	+3.4%
V	Sell	VISA INC	$1,791,019,878	-8.4%	7,786,704	-5.4%	6.10%	+0.4%
NVDA	Buy	NVIDIA CORPORATION	$1,590,204,688	+22.9%	3,655,727	+19.6%	5.41%	+34.8%
MSFT	Buy	MICROSOFT CORP	$1,305,878,850	+0.7%	4,135,800	+8.6%	4.44%	+10.4%
MELI	Sell	MERCADOLIBRE INC	$1,297,862,826	-1.2%	1,023,648	-7.7%	4.42%	+8.2%
DXCM	Buy	DEXCOM INC	$1,274,540,511	-24.3%	13,660,670	+4.3%	4.34%	-17.0%
LRCX	Sell	LAM RESEARCH CORP	$1,212,168,793	-10.4%	1,933,993	-8.1%	4.13%	-1.8%
NOW	Sell	SERVICENOW INC	$1,169,342,643	-5.6%	2,091,997	-5.1%	3.98%	+3.5%
	Sell	ATLASSIAN CORPORATIONcl a	$1,004,711,732	+16.9%	4,985,915	-2.6%	3.42%	+28.2%
NFLX	Sell	NETFLIX INC	$947,973,107	-23.2%	2,510,522	-10.5%	3.23%	-15.9%
ASML	Buy	ASML HOLDING N V	$880,185,624	-12.6%	1,495,236	+7.6%	3.00%	-4.2%
SHOP	Sell	SHOPIFY INCcl a	$859,843,938	-18.6%	15,756,715	-3.7%	2.93%	-10.8%
ENTG	Sell	ENTEGRIS INC	$841,921,181	-18.6%	8,965,192	-3.9%	2.87%	-10.7%
SNOW	Sell	SNOWFLAKE INCcl a	$738,251,248	-15.6%	4,832,436	-2.8%	2.51%	-7.5%
SE	Buy	SEA LTDsponsord ads	$708,471,495	-21.6%	16,119,943	+3.5%	2.41%	-14.1%
NET	Sell	CLOUDFLARE INC	$693,905,929	-6.9%	11,007,391	-3.5%	2.36%	+2.0%
DASH	Sell	DOORDASH INCcl a	$668,914,646	+1.2%	8,417,197	-2.7%	2.28%	+10.9%
SQ	Sell	BLOCK INCcl a	$621,527,645	-35.5%	14,042,649	-3.0%	2.12%	-29.3%
CSGP	Sell	COSTAR GROUP INC	$609,802,288	-17.7%	7,930,840	-4.7%	2.08%	-9.8%
FB	Buy	META PLATFORMS INCcl a	$603,131,797	+7.4%	2,009,033	+2.7%	2.05%	+17.7%
GOOGL	Sell	ALPHABET INCcap stk cl a	$561,487,938	+7.9%	4,290,753	-1.3%	1.91%	+18.3%
AXON	Buy	AXON ENTERPRISE INC	$519,822,572	+33.7%	2,612,305	+31.1%	1.77%	+46.4%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$493,845,313	-15.9%	5,682,915	-2.3%	1.68%	-7.8%
OKTA	Buy	OKTA INCcl a	$478,623,297	+20.3%	5,871,958	+2.4%	1.63%	+31.9%
ALGN	Sell	ALIGN TECHNOLOGY INC	$467,648,263	-35.8%	1,531,666	-25.7%	1.59%	-29.7%
UBER	Sell	UBER TECHNOLOGIES INC	$451,477,575	+2.7%	9,816,864	-3.6%	1.54%	+12.6%
NKE	Sell	NIKE INCcl b	$435,227,530	-14.7%	4,551,637	-1.5%	1.48%	-6.5%
APTV	Sell	APTIV PLC	$416,615,016	-5.9%	4,225,733	-2.5%	1.42%	+3.2%
DDOG	Sell	DATADOG INC	$401,039,028	-10.5%	4,402,668	-3.3%	1.36%	-1.9%
ABNB	Sell	AIRBNB INC	$379,717,012	+4.2%	2,767,415	-2.6%	1.29%	+14.2%
	Buy	NU HLDGS LTD	$320,654,798	-3.1%	44,228,248	+5.4%	1.09%	+6.1%
EW	Sell	EDWARDS LIFESCIENCES CORP	$314,266,273	-28.6%	4,536,176	-2.7%	1.07%	-21.7%
GLOB	Sell	GLOBANT S A	$293,065,312	+7.1%	1,481,250	-2.7%	1.00%	+17.4%
XP	Sell	XP INCcl a	$253,965,061	-3.2%	11,018,007	-1.5%	0.86%	+6.0%
RGEN	Sell	REPLIGEN CORP	$249,703,421	+10.7%	1,570,363	-1.5%	0.85%	+21.4%
CPNG	Buy	COUPANG INCcl a	$243,822,653	+2.8%	14,342,509	+5.2%	0.83%	+12.6%
FND	Sell	FLOOR & DECOR HLDGS INCcl a	$222,888,920	-16.1%	2,462,861	-3.6%	0.76%	-8.0%
IRTC	Sell	IRHYTHM TECHNOLOGIES INC	$221,484,607	-11.0%	2,349,720	-1.5%	0.75%	-2.5%
MTCH	Sell	MATCH GROUP INC NEW	$216,576,010	-9.8%	5,528,424	-3.6%	0.74%	-1.2%
ROP	Sell	ROPER TECHNOLOGIES INC	$171,084,986	-14.5%	353,277	-15.2%	0.58%	-6.4%
TXG	Sell	10X GENOMICS INC	$164,400,637	-28.5%	3,985,470	-3.3%	0.56%	-21.6%
	New	LIBERTY MEDIA CORP DEL	$147,438,121	–	2,366,583	–	0.50%	–
HDB	Sell	HDFC BANK LTDsponsored ads	$145,533,885	-21.3%	2,466,258	-7.0%	0.50%	-13.8%
CHTR	Sell	CHARTER COMMUNICATIONS INC Ncl a	$133,154,625	+7.5%	302,748	-10.2%	0.45%	+17.7%
GOOG	Sell	ALPHABET INCcap stk cl c	$100,231,447	+7.8%	760,193	-1.1%	0.34%	+18.0%
RARE	Sell	ULTRAGENYX PHARMACEUTICAL IN	$91,877,786	-25.5%	2,577,217	-3.6%	0.31%	-18.3%
TDG	Sell	TRANSDIGM GROUP INC	$91,385,174	-33.2%	108,388	-29.1%	0.31%	-26.8%
BZ	Sell	KANZHUN LIMITEDsponsored ads	$84,654,076	-0.6%	5,580,361	-1.4%	0.29%	+9.1%
STE	Sell	STERIS PLC	$83,523,320	-12.5%	380,655	-10.3%	0.28%	-4.1%
TXN	Sell	TEXAS INSTRS INC	$78,296,842	-35.5%	492,402	-26.9%	0.27%	-29.4%
IQV	Sell	IQVIA HLDGS INC	$73,508,554	-39.5%	373,614	-30.9%	0.25%	-33.7%
ZTS	Sell	ZOETIS INCcl a	$73,577,186	-9.3%	422,906	-10.3%	0.25%	-0.8%
UNH	Buy	UNITEDHEALTH GROUP INC	$73,174,103	+32.9%	145,132	+26.6%	0.25%	+45.6%
ICE	Sell	INTERCONTINENTAL EXCHANGE IN	$60,469,853	-12.9%	549,626	-10.4%	0.21%	-4.2%
	Buy	STEVANATO GROUP S P A	$55,127,034	+34.5%	1,854,880	+46.5%	0.19%	+48.0%
SITE	Sell	SITEONE LANDSCAPE SUPPLY INC	$48,144,524	-12.5%	294,552	-10.4%	0.16%	-4.1%
CHGG	Sell	CHEGG INC	$42,657,322	-36.6%	4,782,211	-36.9%	0.14%	-30.6%
	Sell	SAMSARA INC	$38,084,873	-19.0%	1,510,705	-11.0%	0.13%	-11.0%
RACE	Buy	FERRARI N V	$25,990,970	+57.4%	87,944	+73.2%	0.09%	+72.5%
	New	KLAVIYO INC	$22,044,603	–	638,974	–	0.08%	–
INDA	Buy	ISHARES TRmsci india etf	$9,631,779	+1.3%	217,815	+0.1%	0.03%	+10.0%
	Buy	GITLAB INC	$3,980,807	+40.3%	88,032	+58.5%	0.01%	+55.6%
TECH	Buy	BIO-TECHNE CORP	$648,707	+5.0%	9,530	+26.0%	0.00%	0.0%
CDNS	Sell	CADENCE DESIGN SYSTEM INC	$570,755	-89.5%	2,436	-89.5%	0.00%	-88.2%
ZLAB	New	ZAI LAB LTDadr	$2,382	–	98	–	0.00%	–
ICLR	New	ICON PLC	$62,794	–	255	–	0.00%	–
WCN	Sell	WASTE CONNECTIONS INC	$28,740	-99.4%	214	-99.3%	0.00%	-100.0%
IWF	New	ISHARES TRrus 1000 grw etf	$121,025	–	455	–	0.00%	–
INTU	Sell	INTUIT	$99,633	-94.6%	195	-95.2%	0.00%	-100.0%
ILMN	New	ILLUMINA INC	$14,140	–	103	–	0.00%	–
COUR	New	COURSERA INC	$24,017	–	1,285	–	0.00%	–
	New	CANADIAN PACIFIC KANSAS CITY	$30,731	–	413	–	0.00%	–
ADBE	New	ADOBE INC	$81,584	–	160	–	0.00%	–
BILL	New	BILL HOLDINGS INC	$136,255	–	1,255	–	0.00%	–
FWONK	Exit	LIBERTY MEDIA CORP DEL	$0	–	-2,587,437	–	-0.60%	–

Q2 2023

			Value		Shares		↓ Weighting
V	New	VISA INC	$1,954,757,819	–	8,231,252	–	6.07%	–
AMZN	New	AMAZON COM INC	$1,906,215,693	–	14,622,704	–	5.92%	–
DXCM	New	DEXCOM INC	$1,683,882,851	–	13,103,127	–	5.23%	–
LRCX	New	LAM RESEARCH CORP	$1,353,249,872	–	2,105,046	–	4.20%	–
MELI	New	MERCADOLIBRE INC	$1,314,213,009	–	1,109,415	–	4.08%	–
MSFT	New	MICROSOFT CORP	$1,297,015,720	–	3,808,703	–	4.03%	–
NVDA	New	NVIDIA CORPORATION	$1,293,456,409	–	3,057,672	–	4.02%	–
NOW	New	SERVICENOW INC	$1,238,847,692	–	2,204,473	–	3.85%	–
NFLX	New	NETFLIX INC	$1,235,055,553	–	2,803,822	–	3.84%	–
SHOP	New	SHOPIFY INCcl a	$1,056,462,198	–	16,353,904	–	3.28%	–
ENTG	New	ENTEGRIS INC	$1,033,853,411	–	9,329,123	–	3.21%	–
ASML	New	ASML HOLDING N V	$1,007,327,851	–	1,389,897	–	3.13%	–
SQ	New	BLOCK INCcl a	$963,507,752	–	14,473,603	–	2.99%	–
SE	New	SEA LTDsponsord ads	$904,086,004	–	15,576,947	–	2.81%	–
SNOW	New	SNOWFLAKE INCcl a	$874,804,147	–	4,971,043	–	2.72%	–
	New	ATLASSIAN CORPORATIONcl a	$859,398,641	–	5,121,260	–	2.67%	–
NET	New	CLOUDFLARE INC	$745,515,041	–	11,404,544	–	2.32%	–
CSGP	New	COSTAR GROUP INC	$740,986,944	–	8,325,696	–	2.30%	–
ALGN	New	ALIGN TECHNOLOGY INC	$728,681,586	–	2,060,518	–	2.26%	–
DASH	New	DOORDASH INCcl a	$661,093,983	–	8,650,798	–	2.05%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$586,960,206	–	5,816,094	–	1.82%	–
FB	New	META PLATFORMS INCcl a	$561,529,748	–	1,956,686	–	1.74%	–
GOOGL	New	ALPHABET INCcap stk cl a	$520,545,255	–	4,348,749	–	1.62%	–
NKE	New	NIKE INCcl b	$510,049,680	–	4,621,271	–	1.58%	–
DDOG	New	DATADOG INC	$448,080,466	–	4,554,589	–	1.39%	–
APTV	New	APTIV PLC	$442,641,720	–	4,335,799	–	1.37%	–
EW	New	EDWARDS LIFESCIENCES CORP	$439,880,882	–	4,663,213	–	1.37%	–
UBER	New	UBER TECHNOLOGIES INC	$439,756,817	–	10,186,630	–	1.36%	–
OKTA	New	OKTA INCcl a	$397,770,171	–	5,735,691	–	1.24%	–
AXON	New	AXON ENTERPRISE INC	$388,898,745	–	1,993,126	–	1.21%	–
ABNB	New	AIRBNB INC	$364,312,871	–	2,842,641	–	1.13%	–
	New	NU HLDGS LTD	$331,012,555	–	41,953,429	–	1.03%	–
GLOB	New	GLOBANT S A	$273,546,241	–	1,522,069	–	0.85%	–
FND	New	FLOOR & DECOR HLDGS INCcl a	$265,693,483	–	2,555,728	–	0.82%	–
XP	New	XP INCcl a	$262,424,780	–	11,186,052	–	0.82%	–
IRTC	New	IRHYTHM TECHNOLOGIES INC	$248,968,547	–	2,386,585	–	0.77%	–
MTCH	New	MATCH GROUP INC NEW	$240,108,683	–	5,737,364	–	0.75%	–
CPNG	New	COUPANG INCcl a	$237,207,971	–	13,632,642	–	0.74%	–
TXG	New	10X GENOMICS INC	$230,075,821	–	4,120,269	–	0.71%	–
RGEN	New	REPLIGEN CORP	$225,512,561	–	1,594,179	–	0.70%	–
ROP	New	ROPER TECHNOLOGIES INC	$200,187,330	–	416,363	–	0.62%	–
FWONK	New	LIBERTY MEDIA CORP DEL	$194,782,257	–	2,587,437	–	0.60%	–
HDB	New	HDFC BANK LTDsponsored ads	$184,849,767	–	2,652,077	–	0.57%	–
TDG	New	TRANSDIGM GROUP INC	$136,790,127	–	152,980	–	0.42%	–
CHTR	New	CHARTER COMMUNICATIONS INC ncl a	$123,919,779	–	337,316	–	0.38%	–
RARE	New	ULTRAGENYX PHARMACEUTICAL IN	$123,334,921	–	2,673,638	–	0.38%	–
TXN	New	TEXAS INSTRS INC	$121,300,896	–	673,819	–	0.38%	–
IQV	New	IQVIA HLDGS INC	$121,507,290	–	540,585	–	0.38%	–
STE	New	STERIS PLC	$95,450,015	–	424,260	–	0.30%	–
GOOG	New	ALPHABET INCcap stk cl c	$93,018,672	–	768,940	–	0.29%	–
BZ	New	KANZHUN LIMITEDsponsored ads	$85,134,569	–	5,656,782	–	0.26%	–
ZTS	New	ZOETIS INCcl a	$81,166,189	–	471,321	–	0.25%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$69,399,910	–	613,724	–	0.22%	–
CHGG	New	CHEGG INC	$67,289,923	–	7,577,694	–	0.21%	–
UNH	New	UNITEDHEALTH GROUP INC	$55,077,980	–	114,593	–	0.17%	–
SITE	New	SITEONE LANDSCAPE SUPPLY INC	$55,032,654	–	328,828	–	0.17%	–
	New	SAMSARA INC	$47,032,737	–	1,697,320	–	0.15%	–
	New	STEVANATO GROUP S P A	$40,997,063	–	1,266,123	–	0.13%	–
RACE	New	FERRARI N V	$16,517,416	–	50,790	–	0.05%	–
INDA	New	ISHARES TRmsci india etf	$9,506,716	–	217,545	–	0.03%	–
CDNS	New	CADENCE DESIGN SYSTEM INC	$5,446,727	–	23,225	–	0.02%	–
WCN	New	WASTE CONNECTIONS INC	$4,555,465	–	31,872	–	0.01%	–
	New	GITLAB INC	$2,838,138	–	55,530	–	0.01%	–
INTU	New	INTUIT	$1,848,797	–	4,035	–	0.01%	–
PATH	New	UIPATH INCcl a	$739,718	–	44,642	–	0.00%	–
TECH	New	BIO-TECHNE CORP	$617,613	–	7,566	–	0.00%	–

Q4 2022

			Value		Shares		↓ Weighting
	Exit	GITLAB INC	$0	–	-16,827	–	-0.00%	–
CDNS	Exit	CADENCE DESIGN SYSTEM INC	$0	–	-44,079	–	-0.03%	–
IWF	Exit	ISHARES TRrus 1000 grw etf	$0	–	-38,978	–	-0.03%	–
INDA	Exit	ISHARES TRmsci india etf	$0	–	-241,380	–	-0.04%	–
PATH	Exit	UIPATH INC	$0	–	-871,249	–	-0.04%	–
WCN	Exit	WASTE CONNECTIONS INC	$0	–	-83,290	–	-0.04%	–
	Exit	SANSARA INC	$0	–	-1,737,655	–	-0.08%	–
SITE	Exit	SITEONE LANDSCAPE SUPPLY INC	$0	–	-326,541	–	-0.13%	–
TECH	Exit	BIO-TECHNE CORPORATION	$0	–	-180,740	–	-0.19%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-606,016	–	-0.20%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-468,018	–	-0.26%	–
STE	Exit	STERIS PLC	$0	–	-420,655	–	-0.26%	–
BZ	Exit	KANZHUN LIMITEDsponsored ads	$0	–	-4,195,989	–	-0.27%	–
DLO	Exit	DLOCAL LTD	$0	–	-3,832,512	–	-0.30%	–
PAGS	Exit	PAGSEGURO DIGITAL LTD	$0	–	-5,990,544	–	-0.30%	–
TDG	Exit	TRANSDIGM GROUP INC	$0	–	-151,904	–	-0.30%	–
NIO	Exit	NIO INCspon ads	$0	–	-5,254,269	–	-0.31%	–
TXG	Exit	10X GENOMICS INC	$0	–	-3,391,177	–	-0.36%	–
IQV	Exit	IQVIA HLDGS INC	$0	–	-535,615	–	-0.36%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-195,694	–	-0.37%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-704,863	–	-0.41%	–
CHGG	Exit	CHEGG INC	$0	–	-5,377,528	–	-0.42%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-499,965	–	-0.44%	–
ROP	Exit	ROPER TECHNOLOGIES INC	$0	–	-350,645	–	-0.47%	–
FWONK	Exit	LIBERTY MEDIA CORP DEL	$0	–	-2,286,790	–	-0.50%	–
OKTA	Exit	OKTA INCcl a	$0	–	-2,447,052	–	-0.52%	–
XP	Exit	XP INCcl a	$0	–	-8,133,572	–	-0.58%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-1,627,733	–	-0.59%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-3,160,823	–	-0.69%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-1,599,512	–	-0.73%	–
	Exit	NU HLDGS LTD	$0	–	-44,189,042	–	-0.73%	–
FB	Exit	META PLATFORMS INCcl a	$0	–	-1,503,462	–	-0.76%	–
CHTR	Exit	CHARTER COMMUNICATIONS INC Ncl a	$0	–	-788,269	–	-0.90%	–
WMG	Exit	WARNER MUSIC GROUP CORP	$0	–	-11,165,681	–	-0.97%	–
SRPT	Exit	SAREPTA THERAPEUTICS INC	$0	–	-2,482,375	–	-1.03%	–
GLOB	Exit	GLOBANT S A	$0	–	-1,469,341	–	-1.03%	–
DDOG	Exit	DATADOG INC	$0	–	-3,101,265	–	-1.03%	–
FND	Exit	FLOOR & DECOR HLDGS INCcl a	$0	–	-3,983,219	–	-1.05%	–
RGEN	Exit	REPLIGEN CORP	$0	–	-1,638,959	–	-1.15%	–
MTCH	Exit	MATCH GROUP INC NEW	$0	–	-6,963,028	–	-1.25%	–
IRTC	Exit	IRHYTHM TECHNOLOGIES INC	$0	–	-2,758,426	–	-1.30%	–
APTV	Exit	APTIV PLC	$0	–	-4,870,103	–	-1.43%	–
ABNB	Exit	AIRBNB INC	$0	–	-3,848,669	–	-1.52%	–
UBER	Exit	UBER TECHNOLOGIES INC	$0	–	-15,874,000	–	-1.58%	–
DASH	Exit	DOORDASH INC	$0	–	-8,542,291	–	-1.58%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$0	–	-6,248,926	–	-1.61%	–
ENTG	Exit	ENTERGRIS INC	$0	–	-5,206,311	–	-1.62%	–
NKE	Exit	NIKE INCcl b	$0	–	-5,340,795	–	-1.67%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-2,315,223	–	-1.80%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-5,115,264	–	-1.84%	–
INTU	Exit	INTUIT	$0	–	-1,339,551	–	-1.95%	–
SHOP	Exit	SHOPIFY INCcl a	$0	–	-22,580,247	–	-2.28%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-10,337,269	–	-2.70%	–
ASML	Exit	ASML HOLDING NV ADR	$0	–	-1,772,981	–	-2.76%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-10,405,902	–	-3.23%	–
NFLX	Exit	NETFLIX INC	$0	–	-3,680,591	–	-3.25%	–
SQ	Exit	BLOCK INCcl a	$0	–	-15,877,952	–	-3.28%	–
LRCX	Exit	LAM RESEARCH CORPORATION	$0	–	-2,396,878	–	-3.29%	–
NET	Exit	CLOUDFLARE INC	$0	–	-15,956,268	–	-3.31%	–
SNOW	Exit	SNOWFLAKE INCcl a	$0	–	-5,364,085	–	-3.42%	–
NOW	Exit	SERVICENOW INC	$0	–	-2,609,325	–	-3.70%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-1,253,050	–	-3.89%	–
SE	Exit	SEA LTDsponsored ads	$0	–	-19,554,102	–	-4.11%	–
TEAM	Exit	ATLASSIAN CORP PLCcl a	$0	–	-5,800,531	–	-4.58%	–
DXCM	Exit	DEXCOM INC	$0	–	-16,693,318	–	-5.04%	–
AMZN	Exit	AMAZON COM INC	$0	–	-16,390,240	–	-6.95%	–
V	Exit	VISA INC	$0	–	-10,746,016	–	-7.16%	–

Q3 2022

			Value		Shares		↓ Weighting
V	Sell	VISA INC	$1,909,030,000	-19.9%	10,746,016	-11.2%	7.16%	-13.1%
AMZN	Sell	AMAZON COM INC	$1,852,097,000	+0.6%	16,390,240	-5.5%	6.95%	+9.0%
DXCM	Sell	DEXCOM INC	$1,344,480,000	+0.8%	16,693,318	-6.8%	5.04%	+9.2%
TEAM	Sell	ATLASSIAN CORP PLCcl a	$1,221,534,000	+0.2%	5,800,531	-10.8%	4.58%	+8.6%
SE	Sell	SEA LTDsponsored ads	$1,096,007,000	-19.9%	19,554,102	-4.5%	4.11%	-13.2%
MELI	Sell	MERCADOLIBRE INC	$1,037,250,000	+25.4%	1,253,050	-3.5%	3.89%	+35.9%
NOW	Sell	SERVICENOW INC	$985,307,000	-23.5%	2,609,325	-3.7%	3.70%	-17.1%
SNOW	Sell	SNOWFLAKE INCcl a	$911,680,000	+14.6%	5,364,085	-6.3%	3.42%	+24.2%
NET	Buy	CLOUDFLARE INC	$882,541,000	+28.9%	15,956,268	+2.0%	3.31%	+39.8%
LRCX	Buy	LAM RESEARCH CORPORATION	$877,257,000	+9.7%	2,396,878	+27.7%	3.29%	+18.9%
SQ	Sell	BLOCK INCcl a	$873,129,000	-13.6%	15,877,952	-3.5%	3.28%	-6.4%
NFLX	Buy	NETFLIX INC	$866,558,000	+48.1%	3,680,591	+10.0%	3.25%	+60.5%
EW	Sell	EDWARDS LIFESCIENCES CORP	$859,840,000	-22.8%	10,405,902	-11.2%	3.23%	-16.3%
ASML	Sell	ASML HOLDING NV ADR	$736,408,000	-20.3%	1,772,981	-8.7%	2.76%	-13.7%
CSGP	Sell	COSTAR GROUP INC	$719,991,000	+13.7%	10,337,269	-1.4%	2.70%	+23.2%
SHOP	Sell	SHOPIFY INCcl a	$608,312,000	-17.4%	22,580,247	-4.2%	2.28%	-10.4%
INTU	Sell	INTUIT	$518,835,000	-9.1%	1,339,551	-9.6%	1.95%	-1.5%
GOOGL	Buy	ALPHABET INCcap stk cl a	$489,275,000	-20.0%	5,115,264	+1722.4%	1.84%	-13.3%
ALGN	Sell	ALIGN TECHNOLOGY INC	$479,506,000	-19.0%	2,315,223	-7.4%	1.80%	-12.2%
NKE	Sell	NIKE INCcl b	$443,927,000	-31.1%	5,340,795	-15.3%	1.67%	-25.3%
ENTG	Buy	ENTERGRIS INC	$432,228,000	-1.3%	5,206,311	+9.5%	1.62%	+7.0%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$428,426,000	-42.0%	6,248,926	-30.8%	1.61%	-37.1%
DASH	Sell	DOORDASH INC	$422,416,000	-27.8%	8,542,291	-6.3%	1.58%	-21.7%
UBER	Sell	UBER TECHNOLOGIES INC	$420,661,000	+10.7%	15,874,000	-14.5%	1.58%	+20.1%
ABNB	Sell	AIRBNB INC	$404,264,000	+10.9%	3,848,669	-6.0%	1.52%	+20.2%
APTV	Sell	APTIV PLC	$380,891,000	-17.9%	4,870,103	-6.5%	1.43%	-11.0%
IRTC	Sell	IRHYTHM TECHNOLOGIES INC	$345,576,000	+4.8%	2,758,426	-9.6%	1.30%	+13.7%
MTCH	Sell	MATCH GROUP INC NEW	$332,485,000	-34.6%	6,963,028	-4.5%	1.25%	-29.1%
RGEN	New	REPLIGEN CORP	$306,666,000	–	1,638,959	–	1.15%	–
FND	Sell	FLOOR & DECOR HLDGS INCcl a	$279,861,000	+7.1%	3,983,219	-4.0%	1.05%	+16.0%
DDOG	Buy	DATADOG INC	$275,330,000	+35.0%	3,101,265	+44.8%	1.03%	+46.3%
GLOB	Sell	GLOBANT S A	$274,884,000	+5.5%	1,469,341	-1.9%	1.03%	+14.4%
SRPT	Sell	SAREPTA THERAPEUTICS INC	$274,402,000	-1.4%	2,482,375	-33.1%	1.03%	+7.0%
WMG	Sell	WARNER MUSIC GROUP CORP	$259,155,000	-8.6%	11,165,681	-4.1%	0.97%	-0.8%
CHTR	Sell	CHARTER COMMUNICATIONS INC Ncl a	$239,121,000	-41.0%	788,269	-8.9%	0.90%	-36.1%
FB	Sell	META PLATFORMS INCcl a	$203,990,000	-19.5%	1,503,462	-4.3%	0.76%	-12.8%
	Buy	NU HLDGS LTD	$194,432,000	+147.4%	44,189,042	+110.3%	0.73%	+168.4%
NVDA	Buy	NVIDIA CORPORATION	$194,165,000	-12.5%	1,599,512	+9.3%	0.73%	-5.1%
HDB	Buy	HDFC BANK LTDsponsored ads	$184,655,000	+57.9%	3,160,823	+48.6%	0.69%	+71.1%
GOOG	Buy	ALPHABET INCcap stk cl c	$156,507,000	-20.4%	1,627,733	+1711.2%	0.59%	-13.8%
XP	Sell	XP INCcl a	$154,619,000	+1.5%	8,133,572	-4.1%	0.58%	+10.1%
OKTA	Sell	OKTA INCcl a	$139,164,000	-42.1%	2,447,052	-7.9%	0.52%	-37.3%
FWONK	Buy	LIBERTY MEDIA CORP DEL	$133,777,000	+20.8%	2,286,790	+31.1%	0.50%	+31.1%
ROP	Buy	ROPER TECHNOLOGIES INC	$126,106,000	+2.9%	350,645	+12.9%	0.47%	+11.6%
MSFT	Buy	MICROSOFT CORP	$116,442,000	+2.5%	499,965	+13.0%	0.44%	+11.2%
CHGG	Buy	CHEGG INC	$113,305,000	+26.7%	5,377,528	+12.9%	0.42%	+37.1%
TXN	Buy	TEXAS INSTRS INC	$109,099,000	+10.7%	704,863	+9.9%	0.41%	+19.9%
UNH	Buy	UNITEDHEALTH GROUP INC	$98,833,000	+10.8%	195,694	+12.7%	0.37%	+20.1%
IQV	Sell	IQVIA HLDGS INC	$97,021,000	-17.7%	535,615	-1.4%	0.36%	-10.8%
TXG	Sell	10X GENOMICS INC	$96,581,000	-39.5%	3,391,177	-3.8%	0.36%	-34.4%
NIO	Sell	NIO INCspon ads	$82,860,000	-30.3%	5,254,269	-4.0%	0.31%	-24.3%
TDG	Buy	TRANSDIGM GROUP INC	$79,722,000	+10.7%	151,904	+13.3%	0.30%	+20.1%
PAGS	Sell	PAGSEGURO DIGITAL LTD	$79,255,000	+24.1%	5,990,544	-4.0%	0.30%	+34.4%
DLO	Buy	DLOCAL LTD	$78,643,000	+6.3%	3,832,512	+35.9%	0.30%	+15.2%
BZ	Sell	KANZHUN LIMITEDsponsored ads	$70,828,000	-38.3%	4,195,989	-4.0%	0.27%	-33.2%
STE	Buy	STERIS PLC	$69,947,000	-9.0%	420,655	+12.9%	0.26%	-1.5%
ZTS	Sell	ZOETIS INCcl a	$69,402,000	-34.0%	468,018	-23.5%	0.26%	-28.6%
ICE	Buy	INTERCONTINENTAL EXCHANGE IN	$54,754,000	+8.2%	606,016	+12.6%	0.20%	+17.1%
TECH	Buy	BIO-TECHNE CORPORATION	$51,330,000	-7.0%	180,740	+13.5%	0.19%	+1.0%
SITE	Buy	SITEONE LANDSCAPE SUPPLY INC	$34,006,000	-1.0%	326,541	+13.0%	0.13%	+7.6%
	Sell	SANSARA INC	$20,973,000	+7.8%	1,737,655	-0.2%	0.08%	+17.9%
WCN	Sell	WASTE CONNECTIONS INC	$11,255,000	+3.6%	83,290	-4.9%	0.04%	+10.5%
PATH	Sell	UIPATH INC	$10,986,000	-30.8%	871,249	-0.2%	0.04%	-25.5%
INDA	Buy	ISHARES TRmsci india etf	$9,843,000	+3.6%	241,380	+0.0%	0.04%	+12.1%
IWF	Buy	ISHARES TRrus 1000 grw etf	$8,201,000	+2624.6%	38,978	+2734.8%	0.03%	+3000.0%
CDNS	Sell	CADENCE DESIGN SYSTEM INC	$7,204,000	+3.6%	44,079	-4.9%	0.03%	+12.5%
OPEN	Exit	OPENDOOR TECHNOLOGIES INC	$0	–	-209,341	–	-0.00%	–
FVRR	Exit	FIVERR INTL LTD	$0	–	-1,631,558	–	-0.19%	–
TWLO	Exit	TWILIO INCcl a	$0	–	-4,477,343	–	-1.30%	–

Q2 2022

			Value		Shares		↓ Weighting
V	New	VISA INC	$2,381,874,000	–	12,097,484	–	8.24%	–
AMZN	New	AMAZON COM INC	$1,841,339,000	–	17,336,780	–	6.37%	–
SE	New	SEA LTDsponsored ads	$1,368,654,000	–	20,470,449	–	4.74%	–
DXCM	New	DEXCOM INC	$1,334,252,000	–	17,902,213	–	4.62%	–
NOW	New	SERVICENOW INC	$1,288,750,000	–	2,710,191	–	4.46%	–
TEAM	New	ATLASSIAN CORP PLCcl a	$1,218,928,000	–	6,504,421	–	4.22%	–
EW	New	EDWARDS LIFESCIENCES CORP	$1,113,674,000	–	11,711,787	–	3.86%	–
SQ	New	BLOCK INCcl a	$1,011,075,000	–	16,450,950	–	3.50%	–
ASML	New	ASML HOLDING NV ADR	$924,511,000	–	1,942,740	–	3.20%	–
MELI	New	MERCADOLIBRE INC	$827,151,000	–	1,298,775	–	2.86%	–
LRCX	New	LAM RESEARCH CORPORATION	$799,968,000	–	1,877,199	–	2.77%	–
SNOW	New	SNOWFLAKE INCcl a	$795,697,000	–	5,721,972	–	2.75%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$738,093,000	–	9,028,657	–	2.56%	–
SHOP	New	SHOPIFY INCcl a	$736,038,000	–	23,560,742	–	2.55%	–
NET	New	CLOUDFLARE INC	$684,423,000	–	15,643,953	–	2.37%	–
NKE	New	NIKE INCcl b	$644,535,000	–	6,306,606	–	2.23%	–
CSGP	New	COSTAR GROUP INC	$633,465,000	–	10,486,090	–	2.19%	–
GOOGL	New	ALPHABET INCcap stk cl a	$611,705,000	–	280,694	–	2.12%	–
ALGN	New	ALIGN TECHNOLOGY INC	$591,802,000	–	2,500,535	–	2.05%	–
NFLX	New	NETFLIX INC	$585,201,000	–	3,346,494	–	2.03%	–
DASH	New	DOORDASH INC	$585,022,000	–	9,116,759	–	2.02%	–
INTU	New	INTUIT	$570,951,000	–	1,481,296	–	1.98%	–
MTCH	New	MATCH GROUP INC NEW	$508,334,000	–	7,294,223	–	1.76%	–
APTV	New	APTIV PLC	$464,012,000	–	5,209,526	–	1.61%	–
ENTG	New	ENTEGRIS INC	$438,005,000	–	4,754,208	–	1.52%	–
CHTR	New	CHARTER COMMUNICATIONS INC Ncl a	$405,274,000	–	864,990	–	1.40%	–
UBER	New	UBER TECHNOLOGIES INC	$379,872,000	–	18,566,568	–	1.32%	–
TWLO	New	TWILIO INCcl a	$375,246,000	–	4,477,343	–	1.30%	–
ABNB	New	AIRBNB INC	$364,564,000	–	4,092,548	–	1.26%	–
IRTC	New	IRHYTHM TECHNOLOGIES INC	$329,648,000	–	3,051,447	–	1.14%	–
WMG	New	WARNER MUSIC GROUP CORP	$283,532,000	–	11,639,240	–	0.98%	–
SRPT	New	SAREPTA THERAPEUTICS INC	$278,184,000	–	3,711,101	–	0.96%	–
FND	New	FLOOR & DECOR HLDGS INCcl a	$261,306,000	–	4,150,357	–	0.90%	–
GLOB	New	GLOBANT S A	$260,604,000	–	1,497,727	–	0.90%	–
FB	New	META PLATFORMS INCcl a	$253,363,000	–	1,571,241	–	0.88%	–
OKTA	New	OKTA INCcl a	$240,273,000	–	2,657,882	–	0.83%	–
NVDA	New	NVIDIA CORPORATION	$221,865,000	–	1,463,586	–	0.77%	–
DDOG	New	DATADOG INC	$204,001,000	–	2,141,968	–	0.71%	–
GOOG	New	ALPHABET INCcap stk cl c	$196,586,000	–	89,870	–	0.68%	–
TXG	New	10X GENOMICS INC	$159,591,000	–	3,526,878	–	0.55%	–
XP	New	XP INCcl a	$152,325,000	–	8,481,346	–	0.53%	–
ROP	New	ROPER TECHNOLOGIES INC	$122,523,000	–	310,459	–	0.42%	–
NIO	New	NIO INCspon ads	$118,844,000	–	5,471,630	–	0.41%	–
IQV	New	IQVIA HLDGS INC	$117,844,000	–	543,083	–	0.41%	–
HDB	New	HDFC BANK LTDsponsored ads	$116,937,000	–	2,127,668	–	0.40%	–
BZ	New	KANZHUN LIMITEDsponsored ads	$114,862,000	–	4,370,685	–	0.40%	–
MSFT	New	MICROSOFT CORP	$113,603,000	–	442,327	–	0.39%	–
FWONK	New	LIBERTY MEDIA CORP DEL	$110,748,000	–	1,744,884	–	0.38%	–
ZTS	New	ZOETIS INCcl a	$105,109,000	–	611,489	–	0.36%	–
TXN	New	TEXAS INSTRS INC	$98,529,000	–	641,257	–	0.34%	–
CHGG	New	CHEGG INC	$89,435,000	–	4,762,248	–	0.31%	–
UNH	New	UNITEDHEALTH GROUP INC	$89,180,000	–	173,627	–	0.31%	–
	New	NU HLDGS LTD	$78,588,000	–	21,012,739	–	0.27%	–
STE	New	STERIS PLC	$76,824,000	–	372,662	–	0.27%	–
DLO	New	DLOCAL LTD	$74,004,000	–	2,819,185	–	0.26%	–
TDG	New	TRANSDIGM GROUP INC	$71,984,000	–	134,131	–	0.25%	–
PAGS	New	PAGSEGURO DIGITAL LTD	$63,877,000	–	6,237,990	–	0.22%	–
FVRR	New	FIVERR INTL LTD	$56,109,000	–	1,631,558	–	0.19%	–
TECH	New	BIO-TECHNE CORPORATION	$55,201,000	–	159,247	–	0.19%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$50,607,000	–	538,143	–	0.18%	–
SITE	New	SITEONE LANDSCAPE SUPPLY INC	$34,351,000	–	288,977	–	0.12%	–
	New	SANSARA INC	$19,448,000	–	1,741,088	–	0.07%	–
PATH	New	UIPATH INC	$15,873,000	–	872,600	–	0.06%	–
WCN	New	WASTE CONNECTIONS INC	$10,859,000	–	87,599	–	0.04%	–
INDA	New	ISHARES TRmsci india etf	$9,501,000	–	241,335	–	0.03%	–
CDNS	New	CADENCE DESIGN SYSTEM INC	$6,956,000	–	46,361	–	0.02%	–
OPEN	New	OPENDOOR TECHNOLOGIES INC	$986,000	–	209,341	–	0.00%	–
	New	GITLAB INC	$894,000	–	16,827	–	0.00%	–
IWF	New	ISHARES TRrus 1000 grw etf	$301,000	–	1,375	–	0.00%	–

Q4 2021

			Value		Shares		↓ Weighting
ILMN	Exit	ILLUMINA INC	$0	–	-2,298	–	-0.00%	–
	Exit	OPENDOOR TECHNOLOGIES INC	$0	–	-171,975	–	-0.01%	–
W	Exit	WAYFAIR INCcl a	$0	–	-22,109	–	-0.01%	–
INDA	Exit	ISHARES TRmsci india etf	$0	–	-212,411	–	-0.02%	–
ANSS	Exit	ANSYS INC	$0	–	-33,636	–	-0.02%	–
WCN	Exit	WASTE CONNECTIONS INC	$0	–	-129,142	–	-0.03%	–
WDAY	Exit	WORKDAY INCcl a	$0	–	-88,039	–	-0.04%	–
PATH	Exit	UIPATH INC	$0	–	-430,104	–	-0.04%	–
ADBE	Exit	ADOBE SYSTEMS INCORPORATED	$0	–	-66,205	–	-0.06%	–
TECH	Exit	BIO-TECHNE CORPORATION	$0	–	-99,153	–	-0.08%	–
COUP	Exit	COUPA SOFTWARE INC	$0	–	-230,192	–	-0.08%	–
BFAM	Exit	BRIGHT HORIZONS FAM SOL IN D	$0	–	-473,575	–	-0.11%	–
DG	Exit	DOLLAR GENERAL CORPORATION NEW	$0	–	-318,475	–	-0.11%	–
TME	Exit	TENCENT MUSIC ENTMT GROUPspon ads	$0	–	-11,156,144	–	-0.14%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-223,864	–	-0.15%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-788,652	–	-0.15%	–
EQIX	Exit	EQUINIX INC	$0	–	-116,601	–	-0.15%	–
TDG	Exit	TRANSDIGM GROUP INC	$0	–	-150,563	–	-0.16%	–
BZ	Exit	KANZHUN LIMITEDsponsored ads	$0	–	-3,220,360	–	-0.19%	–
CHGG	Exit	CHEGG INC	$0	–	-1,728,471	–	-0.20%	–
NIO	Exit	NIO INCspon ads	$0	–	-3,364,376	–	-0.20%	–
IQV	Exit	IQVIA HLDGS INC	$0	–	-541,820	–	-0.22%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-476,852	–	-0.22%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-762,761	–	-0.24%	–
HCM	Exit	HUTCHISON CHINA MEDITECH LTDsponsored adr	$0	–	-4,189,453	–	-0.26%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-2,204,992	–	-0.27%	–
ROP	Exit	ROPER TECHNOLOGIES INC	$0	–	-381,524	–	-0.28%	–
IRTC	Exit	IRHYTHM TECHNOLOGIES INC	$0	–	-3,293,424	–	-0.32%	–
FVRR	Exit	FIVERR INTL LTD	$0	–	-1,676,359	–	-0.51%	–
PAGS	Exit	PAGSEGURO DIGITAL LTD	$0	–	-6,386,982	–	-0.55%	–
GLOB	Exit	GLOBANT S A	$0	–	-1,225,906	–	-0.57%	–
XP	Exit	XP INCcl a	$0	–	-8,694,082	–	-0.58%	–
CVNA	Exit	CARVANA COcl a	$0	–	-1,241,293	–	-0.62%	–
Z	Exit	ZILLOW GROUP INCcl c cap stk	$0	–	-4,548,965	–	-0.67%	–
ABNB	Exit	AIRBNB INC	$0	–	-2,646,079	–	-0.74%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-188,231	–	-0.84%	–
SRPT	Exit	SAREPTA THERAPEUTICS INC	$0	–	-5,566,103	–	-0.86%	–
WMG	Exit	WARNER MUSIC GROUP CORP	$0	–	-13,473,812	–	-0.96%	–
FND	Exit	FLOOR & DECOR HLDGS INCcl a	$0	–	-4,953,238	–	-1.00%	–
OKTA	Exit	OKTA INCcl a	$0	–	-2,748,539	–	-1.09%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-3,549,603	–	-1.15%	–
YNDX	Exit	YANDEX N V	$0	–	-9,024,689	–	-1.20%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-290,738	–	-1.30%	–
APTV	Exit	APTIV PLC	$0	–	-5,440,613	–	-1.35%	–
BABA	Exit	ALIBABA GROUP HOLDING LTDsponsored ads	$0	–	-5,529,962	–	-1.36%	–
CHTR	Exit	CHARTER COMMUNICATIONS INC Ncl a	$0	–	-1,154,978	–	-1.40%	–
LRCX	Exit	LAM RESEARCH CORPORATION	$0	–	-1,491,443	–	-1.42%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-10,537,662	–	-1.51%	–
NET	Exit	CLOUDFLARE INC	$0	–	-8,323,377	–	-1.56%	–
UBER	Exit	UBER TECHNOLOGIES INC	$0	–	-21,397,459	–	-1.60%	–
MTCH	Exit	MATCH GROUP INC NEW	$0	–	-6,414,973	–	-1.68%	–
NKE	Exit	NIKE INCcl b	$0	–	-7,255,317	–	-1.76%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$0	–	-10,138,793	–	-1.89%	–
INTU	Exit	INTUIT	$0	–	-2,399,551	–	-2.16%	–
SNOW	Exit	SNOWFLAKE INCcl a	$0	–	-4,561,278	–	-2.30%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-13,550,416	–	-2.56%	–
DASH	Exit	DOORDASH INC	$0	–	-8,166,440	–	-2.80%	–
ASML	Exit	ASML HOLDING NV ADR	$0	–	-2,271,641	–	-2.82%	–
NOW	Exit	SERVICENOW INC	$0	–	-2,742,929	–	-2.85%	–
TWLO	Exit	TWILIO INCcl a	$0	–	-5,451,329	–	-2.90%	–
DXCM	Exit	DEXCOM INC	$0	–	-3,324,368	–	-3.03%	–
SHOP	Exit	SHOPIFY INCcl a	$0	–	-1,347,329	–	-3.05%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-5,652,187	–	-3.20%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-2,907,936	–	-3.23%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-1,231,475	–	-3.45%	–
TEAM	Exit	ATLASSIAN CORP PLCcl a	$0	–	-5,715,280	–	-3.73%	–
SQ	Exit	SQUARE INCcl a	$0	–	-10,585,033	–	-4.23%	–
AMZN	Exit	AMAZON COM INC	$0	–	-812,276	–	-4.45%	–
V	Exit	VISA INC	$0	–	-13,848,830	–	-5.14%	–
NFLX	Exit	NETFLIX INC	$0	–	-5,202,192	–	-5.30%	–
SE	Exit	SEA LTDsponsored ads	$0	–	-20,469,459	–	-10.88%	–

Q3 2021

			Value		Shares		↓ Weighting
SE	Sell	SEA LTDsponsored ads	$6,524,231,000	+2.9%	20,469,459	-11.4%	10.88%	+1.2%
NFLX	Sell	NETFLIX INC	$3,175,106,000	+14.6%	5,202,192	-0.8%	5.30%	+12.7%
V	Buy	VISA INC	$3,084,827,000	-3.3%	13,848,830	+1.5%	5.14%	-4.9%
AMZN	Buy	AMAZON COM INC	$2,668,359,000	+10.3%	812,276	+15.5%	4.45%	+8.5%
SQ	Buy	SQUARE INCcl a	$2,538,714,000	+43.1%	10,585,033	+45.4%	4.23%	+40.8%
TEAM	Buy	ATLASSIAN CORP PLCcl a	$2,237,075,000	+53.8%	5,715,280	+0.9%	3.73%	+51.3%
MELI	Buy	MERCADOLIBRE INC	$2,068,139,000	+10.2%	1,231,475	+2.2%	3.45%	+8.4%
ALGN	Buy	ALIGN TECHNOLOGY INC	$1,935,028,000	+9.6%	2,907,936	+0.6%	3.23%	+7.8%
FB	Buy	FACEBOOK INCcl a	$1,918,296,000	-2.2%	5,652,187	+0.2%	3.20%	-3.8%
SHOP	Buy	SHOPIFY INCcl a	$1,826,682,000	-5.8%	1,347,329	+1.5%	3.05%	-7.4%
DXCM	Buy	DEXCOM INC	$1,817,964,000	+40.2%	3,324,368	+9.5%	3.03%	+37.9%
TWLO	Buy	TWILIO INCcl a	$1,739,247,000	-2.6%	5,451,329	+20.3%	2.90%	-4.2%
NOW	Sell	SERVICENOW INC	$1,706,842,000	+10.0%	2,742,929	-2.9%	2.85%	+8.1%
ASML	Sell	ASML HOLDING NV ADR	$1,692,622,000	+2.5%	2,271,641	-5.0%	2.82%	+0.8%
DASH	Buy	DOORDASH INC	$1,682,123,000	+44.2%	8,166,440	+24.9%	2.80%	+41.8%
EW	Buy	EDWARDS LIFESCIENCES CORP	$1,534,043,000	+10.2%	13,550,416	+0.8%	2.56%	+8.4%
SNOW	Buy	SNOWFLAKE INCcl a	$1,379,467,000	+53.4%	4,561,278	+22.6%	2.30%	+50.8%
INTU	Sell	INTUIT	$1,294,582,000	+8.7%	2,399,551	-1.3%	2.16%	+6.9%
TSM	Buy	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$1,131,996,000	-4.7%	10,138,793	+2.5%	1.89%	-6.3%
NKE	Buy	NIKE INCcl b	$1,053,690,000	-4.1%	7,255,317	+2.0%	1.76%	-5.7%
MTCH	Sell	MATCH GROUP INC NEW	$1,007,087,000	-3.4%	6,414,973	-0.8%	1.68%	-5.0%
UBER	Sell	UBER TECHNOLOGIES INC	$958,606,000	-42.8%	21,397,459	-36.0%	1.60%	-43.7%
NET	Buy	CLOUDFLARE INC	$937,628,000	+756.9%	8,323,377	+705.1%	1.56%	+740.9%
CSGP	Buy	COSTAR GROUP INC	$906,871,000	+21.3%	10,537,662	+16.8%	1.51%	+19.3%
LRCX	Buy	LAM RESEARCH CORPORATION	$848,855,000	-10.9%	1,491,443	+1.8%	1.42%	-12.4%
CHTR	Sell	CHARTER COMMUNICATIONS INC Ncl a	$840,316,000	+0.3%	1,154,978	-0.5%	1.40%	-1.3%
BABA	Sell	ALIBABA GROUP HOLDING LTDsponsored ads	$818,711,000	-41.0%	5,529,962	-9.6%	1.36%	-42.0%
APTV	Buy	APTIV PLC	$810,488,000	-2.9%	5,440,613	+2.5%	1.35%	-4.5%
GOOGL	Buy	ALPHABET INCcap stk cl a	$777,294,000	+11.3%	290,738	+1.7%	1.30%	+9.5%
YNDX	Buy	YANDEX N V	$719,177,000	+15.4%	9,024,689	+2.4%	1.20%	+13.4%
ZTS	Sell	ZOETIS INCcl a	$689,120,000	+3.3%	3,549,603	-0.9%	1.15%	+1.5%
OKTA	Buy	OKTA INCcl a	$652,338,000	+37.4%	2,748,539	+41.7%	1.09%	+35.2%
FND	Sell	FLOOR & DECOR HLDGS INCcl a	$598,302,000	+13.7%	4,953,238	-0.5%	1.00%	+11.9%
WMG	Sell	WARNER MUSIC GROUP CORP	$575,871,000	+17.8%	13,473,812	-0.7%	0.96%	+15.8%
SRPT	Sell	SAREPTA THERAPEUTICS INC	$514,753,000	+18.1%	5,566,103	-0.7%	0.86%	+16.1%
GOOG	Buy	ALPHABET INCcap stk cl c	$501,694,000	+8.4%	188,231	+2.0%	0.84%	+6.8%
ABNB	Buy	AIRBNB INC	$443,880,000	+20.9%	2,646,079	+10.4%	0.74%	+18.8%
Z	Sell	ZILLOW GROUP INCcl c cap stk	$400,946,000	-28.5%	4,548,965	-0.8%	0.67%	-29.7%
CVNA	Sell	CARVANA COcl a	$374,299,000	-0.8%	1,241,293	-0.7%	0.62%	-2.5%
XP	Buy	XP INCcl a	$349,241,000	-5.5%	8,694,082	+2.4%	0.58%	-7.2%
GLOB	Buy	GLOBANT S A	$344,492,000	+31.3%	1,225,906	+2.4%	0.57%	+29.0%
PAGS	Buy	PAGSEGURO DIGITAL LTD	$330,335,000	-4.4%	6,386,982	+3.4%	0.55%	-6.0%
FVRR	Sell	FIVERR INTL LTD	$306,237,000	-25.2%	1,676,359	-0.7%	0.51%	-26.4%
IRTC	Buy	IRHYTHM TECHNOLOGIES INC	$192,863,000	-10.0%	3,293,424	+2.0%	0.32%	-11.3%
ROP	Buy	ROPER TECHNOLOGIES INC	$170,209,000	-4.0%	381,524	+1.2%	0.28%	-5.3%
HDB	Buy	HDFC BANK LTDsponsored ads	$161,163,000	+3.7%	2,204,992	+3.8%	0.27%	+2.3%
HCM	Buy	HUTCHISON CHINA MEDITECH LTDsponsored adr	$153,376,000	-4.5%	4,189,453	+2.5%	0.26%	-5.9%
TXN	Buy	TEXAS INSTRS INC	$146,610,000	+0.7%	762,761	+0.8%	0.24%	-1.2%
MSFT	Buy	MICROSOFT CORP	$134,434,000	+5.0%	476,852	+0.9%	0.22%	+3.2%
IQV	Buy	IQVIA HLDGS INC	$129,788,000	+0.1%	541,820	+1.3%	0.22%	-1.8%
NIO	New	NIO INCspon ads	$119,873,000	–	3,364,376	–	0.20%	–
CHGG	Buy	CHEGG INC	$117,571,000	-17.2%	1,728,471	+1.1%	0.20%	-18.7%
BZ	Buy	KANZHUN LIMITEDsponsored ads	$115,901,000	-6.8%	3,220,360	+2.7%	0.19%	-8.5%
TDG	Buy	TRANSDIGM GROUP INC	$94,037,000	-2.7%	150,563	+0.9%	0.16%	-4.3%
EQIX	Sell	EQUINIX INC	$92,130,000	-1.6%	116,601	-0.0%	0.15%	-3.1%
ICE	Buy	INTERCONTINENTAL EXCHANGE IN	$90,553,000	-2.1%	788,652	+1.2%	0.15%	-3.8%
UNH	Buy	UNITEDHEALTH GROUP INC	$87,473,000	-1.6%	223,864	+0.9%	0.15%	-3.3%
TME	Buy	TENCENT MUSIC ENTMT GROUPspon ads	$80,882,000	-52.0%	11,156,144	+2.5%	0.14%	-52.8%
DG	Buy	DOLLAR GENERAL CORPORATION NEW	$67,561,000	-1.2%	318,475	+0.7%	0.11%	-2.6%
BFAM	Buy	BRIGHT HORIZONS FAM SOL IN D	$66,026,000	-4.2%	473,575	+1.1%	0.11%	-6.0%
COUP	Sell	COUPA SOFTWARE INC	$50,453,000	-87.0%	230,192	-84.5%	0.08%	-87.3%
TECH	Buy	BIO-TECHNE CORPORATION	$48,047,000	+9.0%	99,153	+1.2%	0.08%	+6.7%
ADBE	Sell	ADOBE SYSTEMS INCORPORATED	$38,116,000	-3.8%	66,205	-2.1%	0.06%	-4.5%
PATH	Sell	UIPATH INC	$22,628,000	-92.2%	430,104	-89.9%	0.04%	-92.3%
WDAY	Sell	WORKDAY INCcl a	$22,000,000	-97.0%	88,039	-97.2%	0.04%	-97.1%
WCN	Buy	WASTE CONNECTIONS INC	$16,263,000	+27.0%	129,142	+20.5%	0.03%	+22.7%
ANSS	Buy	ANSYS INC	$11,451,000	+18.2%	33,636	+20.5%	0.02%	+18.8%
INDA	Buy	ISHARES TRmsci india etf	$10,342,000	+11.2%	212,411	+1.1%	0.02%	+6.2%
W	New	WAYFAIR INCcl a	$5,649,000	–	22,109	–	0.01%	–
	New	OPENDOOR TECHNOLOGIES INC	$3,531,000	–	171,975	–	0.01%	–
ILMN	Sell	ILLUMINA INC	$932,000	-99.9%	2,298	-99.9%	0.00%	-99.9%
TARS	Exit	TARSUS PHARMACEUTICALS INC	$0	–	-260,000	–	-0.01%	–
SPRB	Exit	SPRUCE BIOSCIENCES INC	$0	–	-787,007	–	-0.02%	–
MASS	Exit	908 DEVICES INC	$0	–	-326,427	–	-0.02%	–
TSHA	Exit	TAYSHA GENE THERAPIES INC	$0	–	-724,873	–	-0.03%	–
KRTX	Exit	KARUNA THERAPEUTICS INC	$0	–	-380,307	–	-0.07%	–
EDU	Exit	NEW ORIENTAL ED & TECH GRP Ispon adr	$0	–	-20,704,802	–	-0.29%	–
TCOM	Exit	TRIP COM GROUP LTDads	$0	–	-6,859,392	–	-0.41%	–
GO	Exit	GROCERY OUTLET HLDG CORP	$0	–	-8,169,206	–	-0.48%	–
ZM	Exit	ZOOM VIDEO COMMUNICATIONS INcl a	$0	–	-1,111,694	–	-0.73%	–

Q2 2021

			Value		Shares		↓ Weighting
SE	New	SEA LTDsponsored ads	$6,341,199,000	–	23,092,493	–	10.75%	–
V	New	VISA INC	$3,190,554,000	–	13,645,342	–	5.41%	–
NFLX	New	NETFLIX INC	$2,770,596,000	–	5,245,255	–	4.70%	–
AMZN	New	AMAZON COM INC	$2,419,234,000	–	703,233	–	4.10%	–
FB	New	FACEBOOK INCcl a	$1,961,908,000	–	5,642,368	–	3.33%	–
SHOP	New	SHOPIFY INCcl a	$1,939,090,000	–	1,327,253	–	3.29%	–
MELI	New	MERCADOLIBRE INC	$1,877,547,000	–	1,205,263	–	3.18%	–
TWLO	New	TWILIO INCcl a	$1,785,931,000	–	4,530,980	–	3.03%	–
SQ	New	SQUARE INCcl a	$1,774,338,000	–	7,277,844	–	3.01%	–
ALGN	New	ALIGN TECHNOLOGY INC	$1,765,649,000	–	2,889,769	–	2.99%	–
UBER	New	UBER TECHNOLOGIES INC	$1,676,320,000	–	33,446,123	–	2.84%	–
ASML	New	ASML HOLDING NV ADR	$1,651,729,000	–	2,390,899	–	2.80%	–
NOW	New	SERVICENOW INC	$1,552,346,000	–	2,824,759	–	2.63%	–
TEAM	New	ATLASSIAN CORP PLCcl a	$1,454,222,000	–	5,661,536	–	2.47%	–
EW	New	EDWARDS LIFESCIENCES CORP	$1,391,622,000	–	13,436,534	–	2.36%	–
BABA	New	ALIBABA GROUP HOLDING LTDsponsored ads	$1,387,034,000	–	6,116,208	–	2.35%	–
DXCM	New	DEXCOM INC	$1,296,917,000	–	3,037,276	–	2.20%	–
INTU	New	INTUIT	$1,191,193,000	–	2,430,163	–	2.02%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$1,188,260,000	–	9,888,981	–	2.02%	–
DASH	New	DOORDASH INC	$1,166,351,000	–	6,540,407	–	1.98%	–
NKE	New	NIKE INCcl b	$1,099,283,000	–	7,115,563	–	1.86%	–
MTCH	New	MATCH GROUP INC NEW	$1,042,792,000	–	6,466,930	–	1.77%	–
LRCX	New	LAM RESEARCH CORPORATION	$953,119,000	–	1,464,760	–	1.62%	–
SNOW	New	SNOWFLAKE INCcl a	$899,418,000	–	3,719,678	–	1.52%	–
CHTR	New	CHARTER COMMUNICATIONS INC Ncl a	$837,744,000	–	1,161,195	–	1.42%	–
APTV	New	APTIV PLC	$834,813,000	–	5,306,126	–	1.42%	–
ILMN	New	ILLUMINA INC	$793,045,000	–	1,675,883	–	1.34%	–
CSGP	New	COSTAR GROUP INC	$747,327,000	–	9,023,512	–	1.27%	–
WDAY	New	WORKDAY INCcl a	$745,051,000	–	3,120,764	–	1.26%	–
GOOGL	New	ALPHABET INCcap stk cl a	$698,237,000	–	285,953	–	1.18%	–
ZTS	New	ZOETIS INCcl a	$667,396,000	–	3,581,218	–	1.13%	–
YNDX	New	YANDEX N V	$623,412,000	–	8,811,480	–	1.06%	–
Z	New	ZILLOW GROUP INCcl c cap stk	$560,632,000	–	4,587,072	–	0.95%	–
FND	New	FLOOR & DECOR HLDGS INCcl a	$526,210,000	–	4,978,334	–	0.89%	–
WMG	New	WARNER MUSIC GROUP CORP	$488,821,000	–	13,563,287	–	0.83%	–
OKTA	New	OKTA INCcl a	$474,732,000	–	1,940,214	–	0.80%	–
GOOG	New	ALPHABET INCcap stk cl c	$462,669,000	–	184,601	–	0.78%	–
SRPT	New	SAREPTA THERAPEUTICS INC	$435,900,000	–	5,607,148	–	0.74%	–
ZM	New	ZOOM VIDEO COMMUNICATIONS INcl a	$430,259,000	–	1,111,694	–	0.73%	–
FVRR	New	FIVERR INTL LTD	$409,442,000	–	1,688,489	–	0.69%	–
COUP	New	COUPA SOFTWARE INC	$388,895,000	–	1,483,709	–	0.66%	–
CVNA	New	CARVANA COcl a	$377,423,000	–	1,250,492	–	0.64%	–
XP	New	XP INCcl a	$369,691,000	–	8,488,888	–	0.63%	–
ABNB	New	AIRBNB INC	$367,178,000	–	2,397,662	–	0.62%	–
PAGS	New	PAGSEGURO DIGITAL LTD	$345,416,000	–	6,176,962	–	0.59%	–
PATH	New	UIPATH INC	$291,821,000	–	4,251,266	–	0.50%	–
GO	New	GROCERY OUTLET HLDG CORP	$283,145,000	–	8,169,206	–	0.48%	–
GLOB	New	GLOBANT S A	$262,303,000	–	1,196,747	–	0.44%	–
TCOM	New	TRIP COM GROUP LTDads	$243,234,000	–	6,859,392	–	0.41%	–
IRTC	New	IRHYTHM TECHNOLOGIES INC	$214,298,000	–	3,229,819	–	0.36%	–
ROP	New	ROPER TECHNOLOGIES INC	$177,228,000	–	376,921	–	0.30%	–
EDU	New	NEW ORIENTAL ED & TECH GRP Ispon adr	$169,572,000	–	20,704,802	–	0.29%	–
TME	New	TENCENT MUSIC ENTMT GROUPspon ads	$168,421,000	–	10,879,896	–	0.29%	–
HCM	New	HUTCHISON CHINA MEDITECH LTDsponsored adr	$160,554,000	–	4,088,471	–	0.27%	–
HDB	New	HDFC BANK LTDsponsored ads	$155,341,000	–	2,124,467	–	0.26%	–
TXN	New	TEXAS INSTRS INC	$145,564,000	–	756,961	–	0.25%	–
CHGG	New	CHEGG INC	$142,043,000	–	1,709,092	–	0.24%	–
IQV	New	IQVIA HLDGS INC	$129,611,000	–	534,874	–	0.22%	–
MSFT	New	MICROSOFT CORP	$128,023,000	–	472,585	–	0.22%	–
BZ	New	KANZHUN LIMITEDsponsored ads	$124,312,000	–	3,135,229	–	0.21%	–
NET	New	CLOUDFLARE INC	$109,427,000	–	1,033,887	–	0.19%	–
TDG	New	TRANSDIGM GROUP INC	$96,617,000	–	149,264	–	0.16%	–
EQIX	New	EQUINIX INC	$93,613,000	–	116,637	–	0.16%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$92,479,000	–	779,095	–	0.16%	–
UNH	New	UNITEDHEALTH GROUP INC	$88,878,000	–	221,952	–	0.15%	–
BFAM	New	BRIGHT HORIZONS FAM SOL IN D	$68,906,000	–	468,397	–	0.12%	–
DG	New	DOLLAR GENERAL CORPORATION NEW	$68,409,000	–	316,136	–	0.12%	–
TECH	New	BIO-TECHNE CORPORATION	$44,097,000	–	97,936	–	0.08%	–
KRTX	New	KARUNA THERAPEUTICS INC	$43,351,000	–	380,307	–	0.07%	–
ADBE	New	ADOBE SYSTEMS INCORPORATED	$39,617,000	–	67,647	–	0.07%	–
TSHA	New	TAYSHA GENE THERAPIES INC	$15,367,000	–	724,873	–	0.03%	–
WCN	New	WASTE CONNECTIONS INC	$12,802,000	–	107,190	–	0.02%	–
MASS	New	908 DEVICES INC	$12,649,000	–	326,427	–	0.02%	–
ANSS	New	ANSYS INC	$9,688,000	–	27,915	–	0.02%	–
INDA	New	ISHARES TRmsci india etf	$9,299,000	–	210,141	–	0.02%	–
SPRB	New	SPRUCE BIOSCIENCES INC	$8,822,000	–	787,007	–	0.02%	–
TARS	New	TARSUS PHARMACEUTICALS INC	$7,535,000	–	260,000	–	0.01%	–

Q4 2020

			Value		Shares		↓ Weighting
WORK	Exit	SLACK TECHNOLOGIES INC	$0	–	-367,019	–	-0.02%	–
ATVI	Exit	ACTIVISION BLIZZARD INC.	$0	–	-135,310	–	-0.02%	–
CCI	Exit	CROWN CASTLE INTL CORP	$0	–	-73,506	–	-0.03%	–
ANSS	Exit	ANSYS INC	$0	–	-46,604	–	-0.03%	–
TSHA	Exit	TAYSHA GENE THERAPIES	$0	–	-820,440	–	-0.04%	–
INDA	Exit	ISHARES TRmsci india etf	$0	–	-664,809	–	-0.05%	–
ROST	Exit	ROSS STORES INC	$0	–	-347,606	–	-0.07%	–
LYV	Exit	LIVE NATION ENTERTAINMENT INC	$0	–	-607,086	–	-0.07%	–
KRTX	Exit	KARUNA THERAPEUTICS INC	$0	–	-428,895	–	-0.07%	–
CRM	Exit	SALESFORCE.COM	$0	–	-148,363	–	-0.08%	–
DG	Exit	DOLLAR GENERAL CORPORATION	$0	–	-229,002	–	-0.10%	–
UNH	Exit	UNITEDHEALTH GROUP INCORPORATE	$0	–	-161,363	–	-0.11%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE INC	$0	–	-568,021	–	-0.12%	–
IQV	Exit	IQVIA HOLDINGS INC	$0	–	-368,891	–	-0.13%	–
BSX	Exit	BOSTON SCIENTIFIC CORPORATION	$0	–	-1,562,711	–	-0.13%	–
EQIX	Exit	EQUINIX INC	$0	–	-89,028	–	-0.15%	–
TDG	Exit	TRANSDIGM GROUP INCORPORATED	$0	–	-143,705	–	-0.15%	–
ROP	Exit	ROPER TECHNOLOGIES INC	$0	–	-178,507	–	-0.15%	–
CHGG	Exit	CHEGG INC	$0	–	-1,157,858	–	-0.18%	–
TXN	Exit	TEXAS INSTRUMENTS INCORPORATED	$0	–	-680,380	–	-0.21%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-1,975,084	–	-0.21%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-817,499	–	-0.22%	–
HCM	Exit	HUTCHISON CHINA MEDITECH LTDsponsored adr	$0	–	-3,272,034	–	-0.23%	–
XP	Exit	XP INC	$0	–	-2,566,491	–	-0.23%	–
BGNE	Exit	BEIGENE LTDsponsored adr	$0	–	-466,595	–	-0.29%	–
GLOB	Exit	GLOBANT SA	$0	–	-957,758	–	-0.37%	–
TCOM	Exit	TRIP COM GROUP LTDads	$0	–	-5,518,038	–	-0.37%	–
BLUE	Exit	BLUEBIRD BIO INC	$0	–	-3,195,715	–	-0.37%	–
PAGS	Exit	PAGSEGURO DIGITAL LTD	$0	–	-4,945,403	–	-0.40%	–
MRTX	Exit	MIRATI THERAPEUTICS INC	$0	–	-1,330,702	–	-0.48%	–
EDU	Exit	NEW ORIENTAL ED & TECH GRP Ispon adr	$0	–	-1,660,331	–	-0.54%	–
MNST	Exit	MONSTER BEVERAGE CORPORATION	$0	–	-3,243,064	–	-0.56%	–
SRPT	Exit	SAREPTA THERAPEUTICS INC	$0	–	-1,865,463	–	-0.57%	–
COUP	Exit	COUPA SOFTWARE INC	$0	–	-984,884	–	-0.58%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-188,631	–	-0.60%	–
GO	Exit	GROCERY OUTLET HOLDING CORP	$0	–	-8,199,560	–	-0.70%	–
GLPG	Exit	GALAPAGOS NVspon adr	$0	–	-2,284,744	–	-0.70%	–
WMG	Exit	WARNER MUSIC GROUP CORP	$0	–	-12,336,613	–	-0.77%	–
OKTA	Exit	OKTA INCcl a	$0	–	-1,872,524	–	-0.87%	–
ABMD	Exit	ABIOMED INC	$0	–	-1,494,965	–	-0.90%	–
IRTC	Exit	IRHYTHM TECHNOLOGIES INC	$0	–	-1,905,800	–	-0.98%	–
YNDX	Exit	YANDEX N V	$0	–	-7,064,647	–	-1.00%	–
APTV	Exit	APTIV PLC	$0	–	-5,081,455	–	-1.01%	–
REGN	Exit	REGENERON PHARMACEUTICALS	$0	–	-856,472	–	-1.04%	–
FND	Exit	FLOOR & DECOR HOLDINGS INC	$0	–	-6,500,879	–	-1.05%	–
ZM	Exit	ZOOM VIDEO COMMUNICATIONS INcl a	$0	–	-1,070,400	–	-1.09%	–
Z	Exit	ZILLOW GROUP INC	$0	–	-5,249,660	–	-1.15%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$0	–	-6,804,403	–	-1.19%	–
MELI	Exit	MERCADOLIBRE	$0	–	-520,331	–	-1.22%	–
SNOW	Exit	SNOWFLAKE INC	$0	–	-2,381,409	–	-1.24%	–
CHTR	Exit	CHARTER COMMUNICATIONS INC	$0	–	-967,341	–	-1.31%	–
TWLO	Exit	TWILIO INCcl a	$0	–	-2,788,513	–	-1.49%	–
UBER	Exit	UBER TECHNOLOGIES INC	$0	–	-20,104,454	–	-1.59%	–
WDAY	Exit	WORKDAY INCcl a	$0	–	-3,756,931	–	-1.75%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-954,454	–	-1.75%	–
NKE	Exit	NIKE INCcl b	$0	–	-6,869,189	–	-1.87%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-5,241,829	–	-1.88%	–
MSFT	Exit	MICROSOFT	$0	–	-4,149,709	–	-1.89%	–
INTU	Exit	INTUIT INC	$0	–	-2,701,011	–	-1.91%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-603,072	–	-1.91%	–
SHOP	Exit	SHOPIFY INCcl a	$0	–	-894,557	–	-1.98%	–
ILMN	Exit	ILLUMINA INC	$0	–	-3,079,024	–	-2.06%	–
DXCM	Exit	DEXCOM INC	$0	–	-2,331,658	–	-2.08%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-12,063,595	–	-2.08%	–
TEAM	Exit	ATLASSIAN CORP PLC CLASS A	$0	–	-5,327,334	–	-2.10%	–
ASML	Exit	ASML HOLDING NV ADR	$0	–	-2,639,452	–	-2.11%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-3,086,750	–	-2.19%	–
MTCH	Exit	MATCH GROUP INC	$0	–	-10,227,126	–	-2.45%	–
ADBE	Exit	ADOBE INC	$0	–	-2,327,734	–	-2.47%	–
FB	Exit	FACEBOOK INC - A	$0	–	-4,852,796	–	-2.75%	–
SQ	Exit	SQUARE INC	$0	–	-8,785,371	–	-3.09%	–
NOW	Exit	SERVICENOW INC	$0	–	-3,199,925	–	-3.36%	–
BABA	Exit	ALIBABA GROUP HOLDING LTDsponsored ads	$0	–	-7,636,335	–	-4.86%	–
V	Exit	VISA INC	$0	–	-12,525,317	–	-5.42%	–
NFLX	Exit	NETFLIX INC	$0	–	-5,100,827	–	-5.52%	–
AMZN	Exit	AMAZON.COM	$0	–	-992,301	–	-6.76%	–
SE	Exit	SEA LTDsponsored ads	$0	–	-25,682,510	–	-8.56%	–

Q3 2020

			Value		Shares		↓ Weighting
SE	Sell	SEA LTDsponsored ads	$3,956,134,000	+36.6%	25,682,510	-4.9%	8.56%	+22.1%
AMZN	Sell	AMAZON.COM	$3,124,488,000	+1.6%	992,301	-11.0%	6.76%	-9.1%
NFLX	Sell	NETFLIX INC	$2,550,567,000	+4.0%	5,100,827	-5.3%	5.52%	-7.0%
V	Sell	VISA INC	$2,504,688,000	-0.9%	12,525,317	-4.3%	5.42%	-11.4%
BABA	Buy	ALIBABA GROUP HOLDING LTDsponsored ads	$2,244,930,000	+50.0%	7,636,335	+10.0%	4.86%	+34.1%
NOW	Sell	SERVICENOW INC	$1,551,964,000	+2.2%	3,199,925	-14.7%	3.36%	-8.7%
SQ	Buy	SQUARE INC	$1,428,062,000	+102.3%	8,785,371	+30.6%	3.09%	+80.8%
FB	Buy	FACEBOOK INC - A	$1,270,947,000	+21.0%	4,852,796	+4.9%	2.75%	+8.2%
ADBE	Sell	ADOBE INC	$1,141,591,000	+4.0%	2,327,734	-7.7%	2.47%	-7.0%
MTCH	New	MATCH GROUP INC	$1,131,631,000	–	10,227,126	–	2.45%	–
ALGN	Sell	ALIGN TECHNOLOGY INC	$1,010,478,000	+17.1%	3,086,750	-1.9%	2.19%	+4.6%
ASML	Sell	ASML HOLDING NV ADR	$974,670,000	-3.3%	2,639,452	-3.6%	2.11%	-13.6%
TEAM	Sell	ATLASSIAN CORP PLC CLASS A	$968,456,000	-5.8%	5,327,334	-6.5%	2.10%	-15.8%
EW	Sell	EDWARDS LIFESCIENCES CORP	$962,916,000	+12.1%	12,063,595	-2.9%	2.08%	+0.2%
DXCM	Buy	DEXCOM INC	$961,179,000	+28.8%	2,331,658	+26.7%	2.08%	+15.2%
ILMN	Sell	ILLUMINA INC	$951,665,000	-19.4%	3,079,024	-3.4%	2.06%	-27.9%
SHOP	Sell	SHOPIFY INCcl a	$915,105,000	+2.3%	894,557	-5.1%	1.98%	-8.5%
GOOGL	Sell	ALPHABET INCcap stk cl a	$883,862,000	-24.5%	603,072	-27.0%	1.91%	-32.6%
INTU	Sell	INTUIT INC	$881,097,000	-9.8%	2,701,011	-18.1%	1.91%	-19.4%
MSFT	Sell	MICROSOFT	$872,808,000	-4.5%	4,149,709	-7.6%	1.89%	-14.6%
ZTS	Sell	ZOETIS INCcl a	$866,841,000	+7.9%	5,241,829	-10.6%	1.88%	-3.5%
NKE	Buy	NIKE INCcl b	$862,358,000	+30.7%	6,869,189	+2.1%	1.87%	+16.8%
CSGP	Sell	COSTAR GROUP INC	$809,864,000	+19.2%	954,454	-0.2%	1.75%	+6.6%
WDAY	Buy	WORKDAY INCcl a	$808,229,000	+15.7%	3,756,931	+0.7%	1.75%	+3.4%
UBER	Sell	UBER TECHNOLOGIES INC	$733,410,000	+14.4%	20,104,454	-2.5%	1.59%	+2.3%
TWLO	Sell	TWILIO INCcl a	$689,014,000	+3.7%	2,788,513	-7.9%	1.49%	-7.3%
CHTR	Sell	CHARTER COMMUNICATIONS INC	$603,950,000	+18.2%	967,341	-3.5%	1.31%	+5.7%
SNOW	New	SNOWFLAKE INC	$570,886,000	–	2,381,409	–	1.24%	–
MELI	Buy	MERCADOLIBRE	$563,248,000	+43.3%	520,331	+30.5%	1.22%	+28.2%
TSM	Buy	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$551,633,000	+86.4%	6,804,403	+30.6%	1.19%	+66.8%
Z	Buy	ZILLOW GROUP INC	$533,313,000	+125.9%	5,249,660	+28.1%	1.15%	+102.1%
ZM	Sell	ZOOM VIDEO COMMUNICATIONS INcl a	$503,206,000	+41.0%	1,070,400	-24.0%	1.09%	+26.0%
FND	Sell	FLOOR & DECOR HOLDINGS INC	$486,266,000	+19.3%	6,500,879	-8.1%	1.05%	+6.6%
REGN	Buy	REGENERON PHARMACEUTICALS	$479,436,000	-8.4%	856,472	+2.0%	1.04%	-18.2%
APTV	Buy	APTIV PLC	$465,868,000	+19.6%	5,081,455	+1.7%	1.01%	+6.9%
YNDX	Buy	YANDEX N V	$460,968,000	+70.5%	7,064,647	+30.7%	1.00%	+52.2%
IRTC	New	IRHYTHM TECHNOLOGIES INC	$453,790,000	–	1,905,800	–	0.98%	–
ABMD	Buy	ABIOMED INC	$414,195,000	+17.1%	1,494,965	+2.1%	0.90%	+4.7%
OKTA	Buy	OKTA INCcl a	$400,439,000	+8.7%	1,872,524	+1.8%	0.87%	-2.8%
WMG	Sell	WARNER MUSIC GROUP CORP	$354,554,000	-10.3%	12,336,613	-7.9%	0.77%	-19.8%
GLPG	Buy	GALAPAGOS NVspon adr	$324,228,000	-26.6%	2,284,744	+2.1%	0.70%	-34.3%
GO	Sell	GROCERY OUTLET HOLDING CORP	$322,407,000	-11.4%	8,199,560	-8.1%	0.70%	-20.8%
GOOG	Buy	ALPHABET INCcap stk cl c	$277,212,000	+5.8%	188,631	+1.8%	0.60%	-5.4%
COUP	Sell	COUPA SOFTWARE INC	$270,095,000	-8.9%	984,884	-8.0%	0.58%	-18.7%
SRPT	Sell	SAREPTA THERAPEUTICS INC	$261,967,000	-62.3%	1,865,463	-57.0%	0.57%	-66.3%
MNST	Sell	MONSTER BEVERAGE CORPORATION	$260,094,000	-42.5%	3,243,064	-50.3%	0.56%	-48.6%
EDU	Buy	NEW ORIENTAL ED & TECH GRP Ispon adr	$248,219,000	+49.7%	1,660,331	+30.4%	0.54%	+33.9%
MRTX	Sell	MIRATI THERAPEUTICS INC	$220,963,000	-10.8%	1,330,702	-38.6%	0.48%	-20.2%
PAGS	Buy	PAGSEGURO DIGITAL LTD	$186,491,000	+39.3%	4,945,403	+30.6%	0.40%	+24.7%
BLUE	Buy	BLUEBIRD BIO INC	$172,409,000	-9.8%	3,195,715	+2.1%	0.37%	-19.3%
TCOM	Buy	TRIP COM GROUP LTDads	$171,832,000	+56.9%	5,518,038	+30.6%	0.37%	+40.4%
GLOB	Buy	GLOBANT SA	$171,649,000	+56.3%	957,758	+30.7%	0.37%	+39.5%
BGNE	Buy	BEIGENE LTDsponsored adr	$133,651,000	+98.8%	466,595	+30.8%	0.29%	+77.3%
XP	Buy	XP INC	$106,997,000	+104.4%	2,566,491	+105.9%	0.23%	+82.7%
HCM	Buy	HUTCHISON CHINA MEDITECH LTDsponsored adr	$105,687,000	+53.2%	3,272,034	+30.8%	0.23%	+37.1%
BIDU	Buy	BAIDU INCspon adr rep a	$103,487,000	+37.8%	817,499	+30.5%	0.22%	+23.1%
HDB	Sell	HDFC BANK LTDsponsored ads	$98,675,000	+3.9%	1,975,084	-5.5%	0.21%	-7.4%
TXN	Sell	TEXAS INSTRUMENTS INCORPORATED	$97,151,000	+9.6%	680,380	-2.5%	0.21%	-2.3%
CHGG	Buy	CHEGG INC	$82,717,000	+41.7%	1,157,858	+33.4%	0.18%	+27.0%
ROP	Sell	ROPER TECHNOLOGIES INC	$70,530,000	+0.3%	178,507	-1.5%	0.15%	-10.0%
TDG	Sell	TRANSDIGM GROUP INCORPORATED	$68,277,000	+5.9%	143,705	-1.5%	0.15%	-5.1%
EQIX	Sell	EQUINIX INC	$67,673,000	+5.2%	89,028	-2.8%	0.15%	-6.4%
BSX	Sell	BOSTON SCIENTIFIC CORPORATION	$59,711,000	+7.2%	1,562,711	-1.5%	0.13%	-4.4%
IQV	Sell	IQVIA HOLDINGS INC	$58,148,000	+9.4%	368,891	-1.5%	0.13%	-2.3%
ICE	Sell	INTERCONTINENTAL EXCHANGE INC	$56,831,000	+7.6%	568,021	-1.5%	0.12%	-3.9%
UNH	Sell	UNITEDHEALTH GROUP INCORPORATE	$50,308,000	+4.1%	161,363	-1.5%	0.11%	-6.8%
DG	Sell	DOLLAR GENERAL CORPORATION	$48,003,000	+8.4%	229,002	-1.5%	0.10%	-2.8%
CRM	Sell	SALESFORCE.COM	$37,287,000	+18.2%	148,363	-11.9%	0.08%	+6.6%
LYV	Sell	LIVE NATION ENTERTAINMENT INC	$32,710,000	+19.7%	607,086	-1.5%	0.07%	+7.6%
ROST	Sell	ROSS STORES INC	$32,439,000	+7.9%	347,606	-1.5%	0.07%	-4.1%
INDA	Sell	ISHARES TRmsci india etf	$22,510,000	-58.3%	664,809	-64.3%	0.05%	-62.6%
TSHA	New	TAYSHA GENE THERAPIES	$17,654,000	–	820,440	–	0.04%	–
ANSS	Sell	ANSYS INC	$15,250,000	+5.1%	46,604	-6.3%	0.03%	-5.7%
CCI	Sell	CROWN CASTLE INTL CORP	$12,239,000	-8.0%	73,506	-7.5%	0.03%	-18.8%
ATVI	Sell	ACTIVISION BLIZZARD INC.	$10,953,000	-2.5%	135,310	-8.6%	0.02%	-11.1%
MCO	Exit	MOODY'S CORP	$0	–	-130,406	–	-0.09%	–
VRSK	Exit	VERISK ANALYTICS INC-CLASS A	$0	–	-278,539	–	-0.12%	–
SCHW	Exit	SCHWAB CHARLES CORP	$0	–	-6,410,326	–	-0.52%	–
MTCH	Exit	MATCH GROUP INC	$0	–	-11,746,609	–	-3.04%	–

Q2 2020

			Value		Shares		↓ Weighting
AMZN	New	AMAZON.COM	$3,074,225,000	–	1,114,326	–	7.44%	–
SE	New	SEA LTD - ADR	$2,895,885,000	–	27,003,772	–	7.01%	–
V	New	VISA INC	$2,527,995,000	–	13,086,891	–	6.12%	–
NFLX	New	NETFLIX INC	$2,451,356,000	–	5,387,122	–	5.93%	–
NOW	New	SERVICENOW INC	$1,518,754,000	–	3,749,454	–	3.68%	–
BABA	New	ALIBABA GROUP HOLDING LTD - AD	$1,496,852,000	–	6,939,507	–	3.62%	–
MTCH	New	MATCH GROUP INC	$1,257,474,000	–	11,746,609	–	3.04%	–
ILMN	New	ILLUMINA INC	$1,180,428,000	–	3,187,332	–	2.86%	–
GOOGL	New	ALPHABET INC-CL A	$1,171,421,000	–	826,079	–	2.84%	–
ADBE	New	ADOBE INC	$1,097,757,000	–	2,521,783	–	2.66%	–
FB	New	FACEBOOK INC - A	$1,050,502,000	–	4,626,337	–	2.54%	–
TEAM	New	ATLASSIAN CORP PLC CLASS A	$1,027,590,000	–	5,700,281	–	2.49%	–
ASML	New	ASML HOLDING NV ADR	$1,008,006,000	–	2,738,924	–	2.44%	–
INTU	New	INTUIT INC	$977,171,000	–	3,299,135	–	2.36%	–
MSFT	New	MICROSOFT	$913,610,000	–	4,489,263	–	2.21%	–
SHOP	New	SHOPIFY INC	$894,639,000	–	942,519	–	2.16%	–
ALGN	New	ALIGN TECHNOLOGY INC	$863,184,000	–	3,145,254	–	2.09%	–
EW	New	EDWARDS LIFESCIENCES CORP	$858,914,000	–	12,428,210	–	2.08%	–
ZTS	New	ZOETIS INC	$803,250,000	–	5,861,430	–	1.94%	–
DXCM	New	DEXCOM INC	$746,206,000	–	1,840,666	–	1.81%	–
SQ	New	SQUARE INC	$705,979,000	–	6,727,451	–	1.71%	–
WDAY	New	WORKDAY INC-CLASS A	$698,795,000	–	3,729,694	–	1.69%	–
SRPT	New	SAREPTA THERAPEUTICS INC	$695,756,000	–	4,339,256	–	1.68%	–
CSGP	New	COSTAR GROUP INC	$679,420,000	–	956,027	–	1.64%	–
TWLO	New	TWILIO INC CLASS A	$664,301,000	–	3,027,530	–	1.61%	–
NKE	New	NIKE	$659,811,000	–	6,729,332	–	1.60%	–
UBER	New	UBER TECHNOLOGIES INC	$641,004,000	–	20,624,331	–	1.55%	–
REGN	New	REGENERON PHARMACEUTICALS	$523,501,000	–	839,415	–	1.27%	–
CHTR	New	CHARTER COMMUNICATIONS INC	$511,046,000	–	1,001,972	–	1.24%	–
MNST	New	MONSTER BEVERAGE CORPORATION	$452,490,000	–	6,527,551	–	1.10%	–
GLPG	New	GALAPAGOS NV	$441,427,000	–	2,237,451	–	1.07%	–
FND	New	FLOOR & DECOR HOLDINGS INC	$407,766,000	–	7,073,132	–	0.99%	–
WMG	New	WARNER MUSIC GROUP CORP	$395,061,000	–	13,391,903	–	0.96%	–
MELI	New	MERCADOLIBRE	$392,962,000	–	398,635	–	0.95%	–
APTV	New	APTIV PLC	$389,451,000	–	4,998,090	–	0.94%	–
OKTA	New	OKTA INC CLASS A	$368,236,000	–	1,839,067	–	0.89%	–
GO	New	GROCERY OUTLET HOLDING CORP	$363,836,000	–	8,917,556	–	0.88%	–
ZM	New	ZOOM VIDEO COMMUNICATIONS INC	$356,953,000	–	1,407,875	–	0.86%	–
ABMD	New	ABIOMED INC	$353,756,000	–	1,464,464	–	0.86%	–
COUP	New	COUPA SOFTWARE INC	$296,483,000	–	1,070,181	–	0.72%	–
TSM	New	TAIWAN SEMICONDUCTOR-SP ADR	$295,885,000	–	5,211,998	–	0.72%	–
YNDX	New	YANDEX NV-A	$270,430,000	–	5,406,435	–	0.66%	–
GOOG	New	ALPHABET INC-CL C	$262,052,000	–	185,378	–	0.63%	–
MRTX	New	MIRATI THERAPEUTICS INC	$247,586,000	–	2,168,572	–	0.60%	–
Z	New	ZILLOW GROUP INC	$236,076,000	–	4,097,832	–	0.57%	–
SCHW	New	SCHWAB CHARLES CORP	$216,284,000	–	6,410,326	–	0.52%	–
BLUE	New	BLUEBIRD BIO INC	$191,089,000	–	3,130,551	–	0.46%	–
EDU	New	NEW ORIENTAL EDUCATION & TECHN	$165,787,000	–	1,273,033	–	0.40%	–
PAGS	New	PAGSEGURO DIGITAL LTD	$133,850,000	–	3,787,504	–	0.32%	–
GLOB	New	GLOBANT SA	$109,850,000	–	733,069	–	0.27%	–
TCOM	New	TRIP.COM GROUP LTD -ADR	$109,527,000	–	4,225,585	–	0.26%	–
HDB	New	HDFC BANK LTD-ADR	$94,981,000	–	2,089,322	–	0.23%	–
TXN	New	TEXAS INSTRUMENTS INCORPORATED	$88,638,000	–	698,103	–	0.22%	–
BIDU	New	BAIDU INC - ADR	$75,107,000	–	626,469	–	0.18%	–
ROP	New	ROPER TECHNOLOGIES INC	$70,353,000	–	181,202	–	0.17%	–
HCM	New	HUTCHISON CHINA MEDITECH LTD -	$69,004,000	–	2,501,976	–	0.17%	–
BGNE	New	BEIGENE LTD - ADR	$67,229,000	–	356,841	–	0.16%	–
EQIX	New	EQUINIX INC	$64,352,000	–	91,630	–	0.16%	–
TDG	New	TRANSDIGM GROUP INCORPORATED	$64,484,000	–	145,875	–	0.16%	–
CHGG	New	CHEGG INC	$58,391,000	–	868,144	–	0.14%	–
BSX	New	BOSTON SCIENTIFIC CORPORATION	$55,699,000	–	1,586,424	–	0.14%	–
INDA	New	ISHARES TRmsci india etf	$54,003,000	–	1,860,879	–	0.13%	–
IQV	New	IQVIA HOLDINGS INC	$53,132,000	–	374,488	–	0.13%	–
ICE	New	INTERCONTINENTAL EXCHANGE INC	$52,817,000	–	576,600	–	0.13%	–
XP	New	XP INC	$52,359,000	–	1,246,346	–	0.13%	–
UNH	New	UNITEDHEALTH GROUP INCORPORATE	$48,313,000	–	163,801	–	0.12%	–
VRSK	New	VERISK ANALYTICS INC-CLASS A	$47,407,000	–	278,539	–	0.12%	–
DG	New	DOLLAR GENERAL CORPORATION	$44,288,000	–	232,470	–	0.11%	–
MCO	New	MOODY'S CORP	$35,826,000	–	130,406	–	0.09%	–
CRM	New	SALESFORCE.COM	$31,547,000	–	168,404	–	0.08%	–
KRTX	New	KARUNA THERAPEUTICS INC.	$30,880,000	–	428,895	–	0.08%	–
ROST	New	ROSS STORES INC	$30,077,000	–	352,855	–	0.07%	–
LYV	New	LIVE NATION ENTERTAINMENT INC	$27,318,000	–	616,253	–	0.07%	–
ANSS	New	ANSYS INC	$14,507,000	–	49,726	–	0.04%	–
CCI	New	CROWN CASTLE INTL CORP	$13,299,000	–	79,466	–	0.03%	–
WORK	New	SLACK TECHNOLOGIES INC	$11,411,000	–	367,019	–	0.03%	–
ATVI	New	ACTIVISION BLIZZARD INC.	$11,236,000	–	148,040	–	0.03%	–

Q4 2019

			Value		Shares		↓ Weighting
EB	Exit	EVENTBRITE INC	$0	–	-240,735	–	-0.01%	–
RVLV	Exit	REVOLVE GROUP INCcl a	$0	–	-211,650	–	-0.02%	–
PLAN	Exit	ANAPLAN INC	$0	–	-158,596	–	-0.02%	–
KRTX	Exit	KARUNA THERAPEUTICS INC RESTRICTED	$0	–	-578,895	–	-0.03%	–
WORK	Exit	SLACK TECHNOLOGIES INC	$0	–	-368,305	–	-0.03%	–
CCI	Exit	CROWN CASTLE INTL CORP	$0	–	-79,741	–	-0.04%	–
ANSS	Exit	ANSYS INC	$0	–	-49,898	–	-0.04%	–
GWRE	Exit	GUIDEWIRE SOFTWARE INC	$0	–	-121,160	–	-0.04%	–
HCM	Exit	HUTCHISON CHINA MEDITECH LTDsponsored adr	$0	–	-896,370	–	-0.05%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-106,391	–	-0.06%	–
MCO	Exit	MOODYS CORP	$0	–	-85,249	–	-0.06%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-107,012	–	-0.08%	–
HCAT	Exit	HEALTH CATALYST INC RESTRICTED	$0	–	-889,146	–	-0.08%	–
ROST	Exit	ROSS STORES INC	$0	–	-230,871	–	-0.08%	–
LYV	Exit	LIVE NATION ENTERTAINMENT IN	$0	–	-402,957	–	-0.09%	–
VRSK	Exit	VERISK ANALYTICS INC	$0	–	-182,854	–	-0.09%	–
IQV	Exit	IQVIA HLDGS INC	$0	–	-198,163	–	-0.10%	–
BGNE	Exit	BEIGENE LTDsponsored adr	$0	–	-264,232	–	-0.10%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-800,084	–	-0.10%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-376,853	–	-0.11%	–
DG	Exit	DOLLAR GEN CORP	$0	–	-257,713	–	-0.13%	–
ROP	Exit	ROPER TECHNOLOGIES INC	$0	–	-118,542	–	-0.14%	–
EQIX	Exit	EQUINIX INC	$0	–	-74,538	–	-0.14%	–
TDG	Exit	TRANSDIGM GROUP INC	$0	–	-95,280	–	-0.16%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-530,723	–	-0.18%	–
MMYT	Exit	MAKEMYTRIP LIMITED MAURITIUS	$0	–	-2,908,239	–	-0.21%	–
ASR	Exit	GRUPO AEROPORTUARIO DEL SUREspon adr ser b	$0	–	-502,545	–	-0.25%	–
PAGS	Exit	PAGSEGURO DIGITAL LTD	$0	–	-1,665,637	–	-0.25%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-270,000	–	-0.26%	–
INDA	Exit	ISHARES TRmsci india etf	$0	–	-2,528,267	–	-0.27%	–
MRTX	Exit	MIRATI THERAPEUTICS INC	$0	–	-1,330,983	–	-0.33%	–
CTRP	Exit	CTRIP COM INTL LTDsponsored ads	$0	–	-3,842,437	–	-0.36%	–
ZM	Exit	ZOOM VIDEO COMMUNICATIONS INcl a	$0	–	-1,484,512	–	-0.36%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-2,022,184	–	-0.37%	–
EDU	Exit	NEW ORIENTAL ED & TECH GRP Ispon adr	$0	–	-1,067,677	–	-0.38%	–
SE	Exit	SEA LTDsponsored ads	$0	–	-5,245,414	–	-0.52%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-335,673	–	-0.60%	–
OKTA	Exit	OKTA INCcl a	$0	–	-1,899,679	–	-0.60%	–
YNDX	Exit	YANDEX N V	$0	–	-5,483,906	–	-0.62%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$0	–	-4,289,423	–	-0.64%	–
BLUE	Exit	BLUEBIRD BIO INC	$0	–	-2,180,163	–	-0.64%	–
TWLO	Exit	TWILIO INCcl a	$0	–	-1,957,158	–	-0.69%	–
REGN	Exit	REGENERON PHARMACEUTICALS	$0	–	-889,488	–	-0.79%	–
PANW	Exit	PALO ALTO NETWORKS INC	$0	–	-1,300,636	–	-0.85%	–
SCHW	Exit	THE CHARLES SCHWAB CORPORATI	$0	–	-6,787,220	–	-0.91%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-5,394,203	–	-0.92%	–
SRPT	Exit	SAREPTA THERAPEUTICS INC	$0	–	-3,952,090	–	-0.96%	–
INCY	Exit	INCYTE CORP	$0	–	-4,149,675	–	-0.99%	–
ABMD	Exit	ABIOMED INC	$0	–	-1,940,830	–	-1.11%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-2,718,924	–	-1.13%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-297,267	–	-1.16%	–
BMRN	Exit	BIOMARIN PHARMACEUTICAL INC	$0	–	-5,565,620	–	-1.21%	–
FND	Exit	FLOOR & DECOR HLDGS INCcl a	$0	–	-7,947,186	–	-1.31%	–
GLPG	Exit	GALAPAGOS NVspon adr	$0	–	-2,754,560	–	-1.35%	–
APTV	Exit	APTIV PLC	$0	–	-5,049,239	–	-1.42%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-3,760,901	–	-1.51%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-3,612,413	–	-1.61%	–
SHOP	Exit	SHOPIFY INCcl a	$0	–	-1,625,756	–	-1.63%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-2,836,732	–	-1.65%	–
MNST	Exit	MONSTER BEVERAGE CORP	$0	–	-9,889,136	–	-1.85%	–
INTU	Exit	INTUIT	$0	–	-2,218,316	–	-1.90%	–
TEAM	Exit	ATLASSIAN CORP PLCcl a	$0	–	-5,301,705	–	-2.14%	–
NKE	Exit	NIKE INCcl b	$0	–	-7,128,332	–	-2.15%	–
MTCH	Exit	MATCH GROUP INC	$0	–	-9,455,463	–	-2.17%	–
ASML	Exit	ASML HOLDING N V	$0	–	-3,048,103	–	-2.43%	–
CRM	Exit	SALESFORCE COM INC	$0	–	-5,437,329	–	-2.59%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-1,414,252	–	-2.70%	–
ADBE	Exit	ADOBE INC	$0	–	-3,407,327	–	-3.03%	–
WDAY	Exit	WORKDAY INCcl a	$0	–	-5,756,948	–	-3.14%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-5,683,393	–	-3.25%	–
ILMN	Exit	ILLUMINA INC	$0	–	-3,532,234	–	-3.45%	–
NFLX	Exit	NETFLIX INC	$0	–	-4,828,556	–	-4.15%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-1,077,671	–	-4.23%	–
NOW	Exit	SERVICENOW INC	$0	–	-5,226,536	–	-4.26%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-7,400,084	–	-5.23%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-11,349,346	–	-6.10%	–
AMZN	Exit	AMAZON COM INC	$0	–	-1,246,430	–	-6.96%	–
V	Exit	VISA INC	$0	–	-15,263,299	–	-8.44%	–

Q3 2019

			Value		Shares		↓ Weighting
V	Sell	VISA INC	$2,625,440,000	-3.5%	15,263,299	-2.7%	8.44%	+4.2%
AMZN	Sell	AMAZON COM INC	$2,163,690,000	-10.9%	1,246,430	-2.8%	6.96%	-3.7%
BABA	Sell	ALIBABA GROUP HLDG LTDsponsored ads	$1,897,951,000	-21.5%	11,349,346	-20.5%	6.10%	-15.2%
EW	Sell	EDWARDS LIFESCIENCES CORP	$1,627,352,000	+17.4%	7,400,084	-1.4%	5.23%	+26.9%
NOW	Sell	SERVICENOW INC	$1,326,756,000	-20.8%	5,226,536	-14.3%	4.26%	-14.4%
GOOGL	Sell	ALPHABET INCcap stk cl a	$1,315,987,000	+10.2%	1,077,671	-2.3%	4.23%	+19.1%
NFLX	Sell	NETFLIX INC	$1,292,218,000	-29.0%	4,828,556	-2.6%	4.15%	-23.3%
ILMN	Sell	ILLUMINA INC	$1,074,576,000	-19.5%	3,532,234	-2.6%	3.45%	-13.0%
FB	Sell	FACEBOOK INCcl a	$1,012,099,000	-10.3%	5,683,393	-2.8%	3.25%	-3.0%
WDAY	Sell	WORKDAY INCcl a	$978,451,000	-19.4%	5,756,948	-2.5%	3.14%	-12.9%
ADBE	Sell	ADOBE INC	$941,274,000	-9.3%	3,407,327	-3.2%	3.03%	-1.9%
CSGP	Sell	COSTAR GROUP INC	$838,934,000	+3.5%	1,414,252	-3.3%	2.70%	+11.9%
CRM	Sell	SALESFORCE COM INC	$807,117,000	-27.9%	5,437,329	-26.3%	2.59%	-22.1%
ASML	Sell	ASML HOLDING N V	$757,210,000	+17.3%	3,048,103	-1.8%	2.43%	+26.8%
MTCH	Sell	MATCH GROUP INC	$675,498,000	+2.6%	9,455,463	-3.4%	2.17%	+10.8%
NKE	Sell	NIKE INCcl b	$669,493,000	+9.4%	7,128,332	-2.2%	2.15%	+18.2%
TEAM	Sell	ATLASSIAN CORP PLCcl a	$665,046,000	-11.9%	5,301,705	-8.1%	2.14%	-4.8%
INTU	Sell	INTUIT	$589,939,000	+0.4%	2,218,316	-1.3%	1.90%	+8.5%
MNST	Sell	MONSTER BEVERAGE CORP	$574,163,000	-12.0%	9,889,136	-3.2%	1.85%	-4.8%
ALGN	Sell	ALIGN TECHNOLOGY INC	$513,222,000	-39.7%	2,836,732	-8.9%	1.65%	-34.9%
SHOP	Sell	SHOPIFY INCcl a	$506,683,000	+2.0%	1,625,756	-1.8%	1.63%	+10.3%
MSFT	Buy	MICROSOFT CORP	$502,234,000	+1564.2%	3,612,413	+1503.6%	1.61%	+1693.3%
ZTS	Sell	ZOETIS INCcl a	$468,571,000	+5.5%	3,760,901	-3.9%	1.51%	+13.9%
APTV	Sell	APTIV PLC	$441,404,000	+6.3%	5,049,239	-1.7%	1.42%	+14.9%
GLPG	Sell	GALAPAGOS NVspon adr	$420,511,000	+15.9%	2,754,560	-2.1%	1.35%	+25.3%
FND	Sell	FLOOR & DECOR HLDGS INCcl a	$406,499,000	+17.8%	7,947,186	-3.5%	1.31%	+27.3%
BMRN	Sell	BIOMARIN PHARMACEUTICAL INC	$375,123,000	-23.6%	5,565,620	-2.9%	1.21%	-17.4%
GOOG	Sell	ALPHABET INCcap stk cl c	$362,368,000	+10.0%	297,267	-2.4%	1.16%	+18.9%
TXN	Buy	TEXAS INSTRS INC	$351,394,000	+523.8%	2,718,924	+453.9%	1.13%	+572.6%
ABMD	Sell	ABIOMED INC	$345,254,000	-38.0%	1,940,830	-9.2%	1.11%	-32.9%
INCY	Sell	INCYTE CORP	$308,030,000	-14.4%	4,149,675	-2.0%	0.99%	-7.5%
SRPT	Buy	SAREPTA THERAPEUTICS INC	$297,671,000	-44.4%	3,952,090	+12.1%	0.96%	-39.9%
ATVI	Sell	ACTIVISION BLIZZARD INC	$285,461,000	+7.5%	5,394,203	-4.1%	0.92%	+16.2%
SCHW	Sell	THE CHARLES SCHWAB CORPORATI	$283,909,000	+1.9%	6,787,220	-2.1%	0.91%	+10.3%
PANW	Sell	PALO ALTO NETWORKS INC	$265,109,000	-4.3%	1,300,636	-4.3%	0.85%	+3.4%
REGN	Sell	REGENERON PHARMACEUTICALS	$246,744,000	-18.8%	889,488	-8.4%	0.79%	-12.3%
TWLO	Sell	TWILIO INCcl a	$215,209,000	-22.1%	1,957,158	-3.4%	0.69%	-15.8%
BLUE	Buy	BLUEBIRD BIO INC	$200,183,000	+42.0%	2,180,163	+96.7%	0.64%	+53.5%
TSM	Buy	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$199,372,000	+45.3%	4,289,423	+22.5%	0.64%	+57.1%
YNDX	Buy	YANDEX N V	$191,992,000	-4.4%	5,483,906	+3.8%	0.62%	+3.4%
OKTA	Sell	OKTA INCcl a	$187,042,000	-21.9%	1,899,679	-2.0%	0.60%	-15.6%
MELI	Buy	MERCADOLIBRE INC	$185,033,000	-6.9%	335,673	+3.4%	0.60%	+0.7%
SE	Buy	SEA LTDsponsored ads	$162,346,000	+8.5%	5,245,414	+16.4%	0.52%	+17.3%
EDU	Buy	NEW ORIENTAL ED & TECH GRP Ispon adr	$118,256,000	+18.6%	1,067,677	+3.4%	0.38%	+27.9%
HDB	Buy	HDFC BANK LTDsponsored ads	$115,366,000	+9.7%	2,022,184	+150.1%	0.37%	+18.5%
ZM	Sell	ZOOM VIDEO COMMUNICATIONS INcl a	$113,120,000	-16.1%	1,484,512	-2.2%	0.36%	-9.2%
CTRP	Buy	CTRIP COM INTL LTDsponsored ads	$112,545,000	-17.5%	3,842,437	+4.0%	0.36%	-10.8%
MRTX	Sell	MIRATI THERAPEUTICS INC	$103,697,000	-27.0%	1,330,983	-3.5%	0.33%	-21.3%
INDA	Buy	ISHARES TRmsci india etf	$84,874,000	+84.0%	2,528,267	+93.5%	0.27%	+99.3%
SPY	New	SPDR S&P 500 ETF TRtr unit	$80,128,000	–	270,000	–	0.26%	–
PAGS	Buy	PAGSEGURO DIGITAL LTD	$77,136,000	+71.8%	1,665,637	+44.6%	0.25%	+85.1%
ASR	Buy	GRUPO AEROPORTUARIO DEL SUREspon adr ser b	$76,638,000	-2.8%	502,545	+3.4%	0.25%	+5.1%
MMYT	Buy	MAKEMYTRIP LIMITED MAURITIUS	$65,988,000	-5.4%	2,908,239	+3.4%	0.21%	+1.9%
BIDU	Buy	BAIDU INCspon adr rep a	$54,537,000	-9.5%	530,723	+3.3%	0.18%	-2.2%
TDG	Sell	TRANSDIGM GROUP INC	$49,609,000	-5.0%	95,280	-11.7%	0.16%	+2.6%
EQIX	Buy	EQUINIX INC	$42,994,000	+21.1%	74,538	+5.9%	0.14%	+30.2%
ROP	Buy	ROPER TECHNOLOGIES INC	$42,272,000	-1.2%	118,542	+1.5%	0.14%	+7.1%
DG	Buy	DOLLAR GEN CORP	$40,961,000	+19.5%	257,713	+1.6%	0.13%	+29.4%
ICE	Buy	INTERCONTINENTAL EXCHANGE IN	$34,772,000	+9.0%	376,853	+1.6%	0.11%	+17.9%
BSX	Buy	BOSTON SCIENTIFIC CORP	$32,555,000	+32.8%	800,084	+40.2%	0.10%	+43.8%
BGNE	Buy	BEIGENE LTDsponsored adr	$32,358,000	+2.0%	264,232	+3.3%	0.10%	+10.6%
IQV	New	IQVIA HLDGS INC	$29,602,000	–	198,163	–	0.10%	–
VRSK	Sell	VERISK ANALYTICS INC	$28,917,000	-9.9%	182,854	-16.6%	0.09%	-2.1%
LYV	Buy	LIVE NATION ENTERTAINMENT IN	$26,732,000	+53.0%	402,957	+52.8%	0.09%	+65.4%
ROST	Buy	ROSS STORES INC	$25,361,000	+12.7%	230,871	+1.7%	0.08%	+22.4%
HCAT	New	HEALTH CATALYST INC RESTRICTED	$23,500,000	–	889,146	–	0.08%	–
UNH	Buy	UNITEDHEALTH GROUP INC	$23,256,000	-9.7%	107,012	+1.4%	0.08%	-2.6%
MCO	Buy	MOODYS CORP	$17,462,000	+6.5%	85,249	+1.6%	0.06%	+14.3%
UNP	Buy	UNION PACIFIC CORP	$17,233,000	-2.6%	106,391	+1.6%	0.06%	+3.8%
HCM	Buy	HUTCHISON CHINA MEDITECH LTDsponsored adr	$15,991,000	-16.2%	896,370	+3.3%	0.05%	-10.5%
GWRE	Sell	GUIDEWIRE SOFTWARE INC	$12,768,000	+3.2%	121,160	-0.8%	0.04%	+10.8%
ANSS	Sell	ANSYS INC	$11,045,000	+7.1%	49,898	-0.9%	0.04%	+16.1%
CCI	Sell	CROWN CASTLE INTL CORP	$11,085,000	+5.4%	79,741	-1.1%	0.04%	+16.1%
WORK	Sell	SLACK TECHNOLOGIES INC	$8,740,000	-74.7%	368,305	-63.5%	0.03%	-72.8%
PLAN	Sell	ANAPLAN INC	$7,454,000	-7.6%	158,596	-0.8%	0.02%	0.0%
RVLV	Sell	REVOLVE GROUP INCcl a	$4,946,000	-32.9%	211,650	-1.0%	0.02%	-27.3%
EB	Sell	EVENTBRITE INC	$4,263,000	+8.1%	240,735	-1.1%	0.01%	+16.7%
IWF	Exit	ISHARES TRrus 1000 grw etf	$0	–	-11,570	–	-0.01%	–
IPGP	Exit	IPG PHOTONICS CORP	$0	–	-30,300	–	-0.01%	–
SPLK	Exit	SPLUNK INC	$0	–	-89,430	–	-0.03%	–
LVS	Exit	LAS VEGAS SANDS CORP	$0	–	-4,108,350	–	-0.72%	–

Q2 2019

			Value		Shares		↓ Weighting
V	New	VISA INC	$2,721,994,000	–	15,684,204	–	8.10%	–
AMZN	New	AMAZON COM INC	$2,428,486,000	–	1,282,450	–	7.22%	–
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$2,418,434,000	–	14,272,259	–	7.19%	–
NFLX	New	NETFLIX INC	$1,820,631,000	–	4,956,525	–	5.42%	–
NOW	New	SERVICENOW INC	$1,674,767,000	–	6,099,601	–	4.98%	–
EW	New	EDWARDS LIFESCIENCES CORP	$1,385,810,000	–	7,501,408	–	4.12%	–
ILMN	New	ILLUMINA INC	$1,334,741,000	–	3,625,536	–	3.97%	–
WDAY	New	WORKDAY INCcl a	$1,214,065,000	–	5,905,561	–	3.61%	–
GOOGL	New	ALPHABET INCcap stk cl a	$1,194,045,000	–	1,102,738	–	3.55%	–
FB	New	FACEBOOK INCcl a	$1,127,923,000	–	5,844,160	–	3.36%	–
CRM	New	SALESFORCE COM INC	$1,118,832,000	–	7,373,836	–	3.33%	–
ADBE	New	ADOBE INC	$1,037,238,000	–	3,520,239	–	3.08%	–
ALGN	New	ALIGN TECHNOLOGY INC	$851,820,000	–	3,112,239	–	2.53%	–
CSGP	New	COSTAR GROUP INC	$810,492,000	–	1,462,824	–	2.41%	–
TEAM	New	ATLASSIAN CORP PLCcl a	$754,799,000	–	5,768,868	–	2.24%	–
MTCH	New	MATCH GROUP INC	$658,499,000	–	9,788,897	–	1.96%	–
MNST	New	MONSTER BEVERAGE CORP	$652,189,000	–	10,217,595	–	1.94%	–
ASML	New	ASML HOLDING N V	$645,622,000	–	3,104,998	–	1.92%	–
NKE	New	NIKE INCcl b	$611,829,000	–	7,288,022	–	1.82%	–
INTU	New	INTUIT	$587,374,000	–	2,247,633	–	1.75%	–
ABMD	New	ABIOMED INC	$556,518,000	–	2,136,426	–	1.66%	–
SRPT	New	SAREPTA THERAPEUTICS INC	$535,711,000	–	3,525,576	–	1.59%	–
SHOP	New	SHOPIFY INCcl a	$496,681,000	–	1,654,775	–	1.48%	–
BMRN	New	BIOMARIN PHARMACEUTICAL INC	$490,943,000	–	5,731,963	–	1.46%	–
ZTS	New	ZOETIS INCcl a	$444,338,000	–	3,915,215	–	1.32%	–
APTV	New	APTIV PLC	$415,304,000	–	5,137,999	–	1.24%	–
GLPG	New	GALAPAGOS NVspon adr	$362,720,000	–	2,813,309	–	1.08%	–
INCY	New	INCYTE CORP	$359,837,000	–	4,235,373	–	1.07%	–
FND	New	FLOOR & DECOR HLDGS INCcl a	$345,123,000	–	8,236,822	–	1.03%	–
GOOG	New	ALPHABET INCcap stk cl c	$329,353,000	–	304,700	–	0.98%	–
REGN	New	REGENERON PHARMACEUTICALS	$303,975,000	–	971,166	–	0.90%	–
SCHW	New	THE CHARLES SCHWAB CORPORATI	$278,515,000	–	6,929,970	–	0.83%	–
PANW	New	PALO ALTO NETWORKS INC	$277,059,000	–	1,359,732	–	0.82%	–
TWLO	New	TWILIO INCcl a	$276,300,000	–	2,026,404	–	0.82%	–
ATVI	New	ACTIVISION BLIZZARD INC	$265,428,000	–	5,623,477	–	0.79%	–
LVS	New	LAS VEGAS SANDS CORP	$242,762,000	–	4,108,350	–	0.72%	–
OKTA	New	OKTA INCcl a	$239,447,000	–	1,938,689	–	0.71%	–
YNDX	New	YANDEX N V	$200,838,000	–	5,285,206	–	0.60%	–
MELI	New	MERCADOLIBRE INC	$198,665,000	–	324,738	–	0.59%	–
SE	New	SEA LTDsponsored ads	$149,673,000	–	4,505,500	–	0.44%	–
MRTX	New	MIRATI THERAPEUTICS INC	$142,100,000	–	1,379,614	–	0.42%	–
BLUE	New	BLUEBIRD BIO INC	$141,006,000	–	1,108,534	–	0.42%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$137,190,000	–	3,502,420	–	0.41%	–
CTRP	New	CTRIP COM INTL LTDsponsored ads	$136,404,000	–	3,695,572	–	0.41%	–
ZM	New	ZOOM VIDEO COMMUNICATIONS INcl a	$134,801,000	–	1,518,198	–	0.40%	–
HDB	New	HDFC BANK LTDsponsored ads	$105,143,000	–	808,544	–	0.31%	–
EDU	New	NEW ORIENTAL ED & TECH GRP Ispon adr	$99,745,000	–	1,032,767	–	0.30%	–
ASR	New	GRUPO AEROPORTUARIO DEL SUREspon adr ser b	$78,814,000	–	486,173	–	0.23%	–
MMYT	New	MAKEMYTRIP LIMITED MAURITIUS	$69,769,000	–	2,813,264	–	0.21%	–
BIDU	New	BAIDU INCspon adr rep a	$60,273,000	–	513,570	–	0.18%	–
TXN	New	TEXAS INSTRS INC	$56,332,000	–	490,866	–	0.17%	–
TDG	New	TRANSDIGM GROUP INC	$52,216,000	–	107,928	–	0.16%	–
INDA	New	ISHARES TRmsci india etf	$46,115,000	–	1,306,367	–	0.14%	–
PAGS	New	PAGSEGURO DIGITAL LTD	$44,901,000	–	1,152,182	–	0.13%	–
ROP	New	ROPER TECHNOLOGIES INC	$42,774,000	–	116,785	–	0.13%	–
EQIX	New	EQUINIX INC	$35,505,000	–	70,405	–	0.11%	–
WORK	New	SLACK TECHNOLOGIES INC RESTRICTED	$34,533,000	–	1,007,954	–	0.10%	–
DG	New	DOLLAR GEN CORP	$34,286,000	–	253,667	–	0.10%	–
VRSK	New	VERISK ANALYTICS INC	$32,096,000	–	219,144	–	0.10%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$31,888,000	–	371,055	–	0.10%	–
BGNE	New	BEIGENE LTDsponsored adr	$31,708,000	–	255,816	–	0.09%	–
MSFT	New	MICROSOFT CORP	$30,178,000	–	225,274	–	0.09%	–
UNH	New	UNITEDHEALTH GROUP INC	$25,740,000	–	105,488	–	0.08%	–
BSX	New	BOSTON SCIENTIFIC CORP	$24,521,000	–	570,524	–	0.07%	–
ROST	New	ROSS STORES INC	$22,511,000	–	227,105	–	0.07%	–
HCM	New	HUTCHISON CHINA MEDITECH LTDsponsored adr	$19,093,000	–	867,873	–	0.06%	–
UNP	New	UNION PACIFIC CORP	$17,700,000	–	104,668	–	0.05%	–
LYV	New	LIVE NATION ENTERTAINMENT IN	$17,472,000	–	263,723	–	0.05%	–
MCO	New	MOODYS CORP	$16,390,000	–	83,916	–	0.05%	–
GWRE	New	GUIDEWIRE SOFTWARE INC	$12,377,000	–	122,085	–	0.04%	–
SPLK	New	SPLUNK INC	$11,246,000	–	89,430	–	0.03%	–
CCI	New	CROWN CASTLE INTL CORP	$10,515,000	–	80,666	–	0.03%	–
ANSS	New	ANSYS INC	$10,317,000	–	50,373	–	0.03%	–
KRTX	New	KARUNA THERAPEUTICS INC RESTRICTED	$9,171,000	–	578,895	–	0.03%	–
PLAN	New	ANAPLAN INC	$8,066,000	–	159,821	–	0.02%	–
RVLV	New	REVOLVE GROUP INCcl a	$7,373,000	–	213,700	–	0.02%	–
IPGP	New	IPG PHOTONICS CORP	$4,674,000	–	30,300	–	0.01%	–
EB	New	EVENTBRITE INC	$3,945,000	–	243,510	–	0.01%	–
IWF	New	ISHARES TRrus 1000 grw etf	$1,820,000	–	11,570	–	0.01%	–

Q4 2018

			Value		Shares		↓ Weighting
LC	Exit	LENDINGCLUB CORP	$0	–	-70,442	–	-0.00%	–
IPGP	Exit	IPG PHOTONICS CORP	$0	–	-30,300	–	-0.01%	–
MCO	Exit	MOODYS CORP	$0	–	-30,468	–	-0.01%	–
LYV	Exit	LIVE NATION ENTERTAINMENT IN	$0	–	-95,742	–	-0.02%	–
AMT	Exit	AMERICAN TOWER CORP	$0	–	-40,233	–	-0.02%	–
APTV	Exit	APTIV PLC	$0	–	-89,560	–	-0.02%	–
UNP	Exit	UNION PAC CORP	$0	–	-51,096	–	-0.02%	–
FMX	Exit	FOMENTO ECONOMICO MEXICANO Sspon adr units	$0	–	-85,855	–	-0.02%	–
INTU	Exit	INTUIT	$0	–	-42,180	–	-0.03%	–
ANSS	Exit	ANSYS INC	$0	–	-51,745	–	-0.03%	–
EB	Exit	EVENTBRITE INC	$0	–	-251,880	–	-0.03%	–
ROST	Exit	ROSS STORES INC	$0	–	-100,971	–	-0.03%	–
DG	Exit	DOLLAR GEN CORP	$0	–	-92,001	–	-0.03%	–
VRSK	Exit	VERISK ANALYTICS INC	$0	–	-92,357	–	-0.03%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-150,826	–	-0.03%	–
GWRE	Exit	GUIDEWIRE SOFTWARE INC	$0	–	-151,645	–	-0.04%	–
HCM	Exit	HUTCHISON CHINA MEDITECH LTDsponsored adr	$0	–	-508,275	–	-0.05%	–
BGNE	Exit	BEIGENE LTDsponsored adr	$0	–	-93,843	–	-0.05%	–
TDG	Exit	TRANSDIGM GROUP INC	$0	–	-43,612	–	-0.05%	–
DOCU	Exit	DOCUSIGN INC	$0	–	-406,923	–	-0.06%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-239,935	–	-0.06%	–
HDB	Exit	HDFC BANK LTD	$0	–	-386,656	–	-0.10%	–
SE	Exit	SEA LTDadr	$0	–	-2,794,440	–	-0.11%	–
MMYT	Exit	MAKEMYTRIP LIMITED MAURITIUS	$0	–	-2,389,164	–	-0.18%	–
ASR	Exit	GRUPO AEROPORTUARIO DEL SUREspon adr ser b	$0	–	-327,452	–	-0.19%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-267,073	–	-0.26%	–
CTRP	Exit	CTRIP COM INTL LTD	$0	–	-3,091,784	–	-0.32%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$0	–	-2,789,949	–	-0.35%	–
INDA	Exit	ISHARES TRmsci india etf	$0	–	-3,855,516	–	-0.35%	–
YNDX	Exit	YANDEX N V	$0	–	-4,328,994	–	-0.40%	–
MDSO	Exit	MEDIDATA SOLUTIONS INC	$0	–	-2,146,654	–	-0.44%	–
ABMD	Exit	ABIOMED INC	$0	–	-443,607	–	-0.56%	–
FND	Exit	FLOOR & DECOR HLDGS INCcl a	$0	–	-6,730,273	–	-0.57%	–
LVS	Exit	LAS VEGAS SANDS CORP	$0	–	-4,397,218	–	-0.74%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-5,208,773	–	-0.84%	–
SRPT	Exit	SAREPTA THERAPEUTICS INC	$0	–	-1,901,564	–	-0.87%	–
INCY	Exit	INCYTE CORP	$0	–	-4,525,984	–	-0.88%	–
LOXO	Exit	LOXO ONCOLOGY INC	$0	–	-1,844,830	–	-0.89%	–
GLPG	Exit	GALAPAGOS NVspon adr	$0	–	-2,999,339	–	-0.95%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-1,539,273	–	-1.00%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-338,106	–	-1.14%	–
ALXN	Exit	ALEXION PHARMACEUTICALS INC	$0	–	-2,965,227	–	-1.17%	–
TEAM	Exit	ATLASSIAN CORP PLCcl a	$0	–	-4,539,740	–	-1.23%	–
SHOP	Exit	SHOPIFY INCcl a	$0	–	-2,795,876	–	-1.30%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-6,537,568	–	-1.54%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-1,438,556	–	-1.71%	–
SPLK	Exit	SPLUNK INC	$0	–	-5,049,750	–	-1.73%	–
ASML	Exit	ASML HOLDING N V	$0	–	-3,288,072	–	-1.75%	–
BMRN	Exit	BIOMARIN PHARMACEUTICAL INC	$0	–	-6,446,545	–	-1.77%	–
NKE	Exit	NIKE INCcl b	$0	–	-7,909,434	–	-1.90%	–
MNST	Exit	MONSTER BEVERAGE CORP	$0	–	-11,829,265	–	-1.95%	–
PANW	Exit	PALO ALTO NETWORKS INC	$0	–	-3,267,911	–	-2.08%	–
REGN	Exit	REGENERON PHARMACEUTICALS	$0	–	-2,177,393	–	-2.49%	–
WDAY	Exit	WORKDAY INCcl a	$0	–	-6,492,283	–	-2.68%	–
SCHW	Exit	SCHWAB CHARLES CORP	$0	–	-21,375,369	–	-2.97%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-2,844,202	–	-3.15%	–
ADBE	Exit	ADOBE SYS INC	$0	–	-4,185,608	–	-3.20%	–
BKNG	Exit	BOOKING HLDGS INC	$0	–	-582,055	–	-3.26%	–
NOW	Exit	SERVICENOW INC	$0	–	-6,587,648	–	-3.64%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-8,137,313	–	-3.78%	–
CRM	Exit	SALESFORCE COM INC	$0	–	-8,769,989	–	-3.94%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-8,373,966	–	-4.12%	–
ILMN	Exit	ILLUMINA INC	$0	–	-4,003,171	–	-4.16%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-1,268,669	–	-4.33%	–
NFLX	Exit	NETFLIX INC	$0	–	-5,266,920	–	-5.57%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-15,341,387	–	-7.15%	–
V	Exit	VISA INC	$0	–	-17,392,997	–	-7.38%	–
AMZN	Exit	AMAZON COM INC	$0	–	-1,457,772	–	-8.26%	–

Q3 2018

			Value		Shares		↓ Weighting
AMZN	Sell	AMAZON COM INC	$2,919,917,000	-1.4%	1,457,772	-16.3%	8.26%	-2.6%
V	Sell	VISA INC	$2,610,515,000	+5.8%	17,392,997	-6.6%	7.38%	+4.5%
BABA	Buy	ALIBABA GROUP HLDG LTDsponsored ads	$2,527,647,000	-6.7%	15,341,387	+5.0%	7.15%	-7.9%
NFLX	Sell	NETFLIX INC	$1,970,513,000	-11.0%	5,266,920	-6.9%	5.57%	-12.1%
GOOGL	Sell	ALPHABET INCcap stk cl a	$1,531,385,000	-0.2%	1,268,669	-6.6%	4.33%	-1.4%
ILMN	Sell	ILLUMINA INC	$1,469,404,000	+23.2%	4,003,171	-6.3%	4.16%	+21.7%
EW	Buy	EDWARDS LIFESCIENCES CORP	$1,457,907,000	+44.8%	8,373,966	+21.1%	4.12%	+43.0%
CRM	Sell	SALESFORCE COM INC	$1,394,692,000	+7.3%	8,769,989	-7.9%	3.94%	+6.0%
FB	Sell	FACEBOOK INCcl a	$1,338,262,000	-20.7%	8,137,313	-6.3%	3.78%	-21.7%
NOW	Sell	SERVICENOW INC	$1,288,742,000	+5.4%	6,587,648	-7.1%	3.64%	+4.1%
BKNG	Sell	BOOKING HLDGS INC	$1,154,797,000	-8.9%	582,055	-6.9%	3.26%