Carmignac Gestion Activity Q4 2012-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
LLY	Sell	ELI LILLY & CO	$475,414,476	+6.4%	884,952	-7.1%	8.73%	+13.4%
MSFT	Buy	MICROSOFT CORP	$471,377,645	+10.1%	1,493,037	+18.7%	8.65%	+17.3%
AMZN	Buy	AMAZON.COM INC	$332,377,475	+3.2%	2,614,698	+5.8%	6.10%	+9.9%
FB	Buy	META PLATFORMS INCcl a	$301,873,550	+5.9%	1,005,530	+1.2%	5.54%	+12.8%
AMD	Buy	ADVANCED MICRO DEVICES	$263,433,463	+13.8%	2,562,085	+26.0%	4.84%	+21.2%
NVDA	Buy	NVIDIA CORP	$227,963,286	+76.9%	524,120	+71.9%	4.18%	+88.5%
SPGI	Sell	S&P GLOBAL INC	$205,567,074	-11.7%	562,503	-3.1%	3.77%	-5.9%
ICE	Sell	INTERCONTINENTAL EXCHANGE IN	$193,096,011	-16.3%	1,754,942	-14.0%	3.54%	-10.8%
BABA	Sell	ALIBABA GROUP HOLDINGsponsored ads	$191,438,336	-20.7%	2,207,070	-23.8%	3.52%	-15.5%
GOOGL	Sell	ALPHABET INCcap stk cl a	$188,047,745	-4.6%	1,436,924	-12.7%	3.45%	+1.7%
BAX	Buy	BAXTER INTERNATIONAL INC	$182,991,718	+369.6%	4,848,773	+467.0%	3.36%	+400.7%
TMUS	Buy	T-MOBILE US INC	$150,278,749	+10.3%	1,073,039	+9.4%	2.76%	+17.5%
	New	GENERAL ELECTRIC CO	$133,580,881	–	1,208,309	–	2.45%	–
SLB	Sell	SCHLUMBERGER LTD	$129,976,855	-29.1%	2,229,304	-40.2%	2.39%	-24.4%
HUM	Sell	HUMANA INC	$125,006,701	-12.1%	256,937	-19.2%	2.30%	-6.3%
TMO	Buy	THERMO FISHER SCIENTIFIC INC	$116,648,272	+254.4%	230,500	+264.7%	2.14%	+277.8%
NEM	Sell	NEWMONT CORP	$89,069,221	-27.6%	2,410,523	-16.4%	1.64%	-22.9%
AEM	Sell	AGNICO EAGLE MINES LTD	$87,330,807	-37.7%	1,921,458	-31.4%	1.60%	-33.6%
BEKE	Sell	KE HOLDINGS INCsponsored ads	$85,879,194	-11.2%	5,534,257	-15.0%	1.58%	-5.4%
	Sell	LINDE PLC	$80,414,802	-26.7%	215,965	-25.0%	1.48%	-21.9%
BIIB	Sell	BIOGEN INC	$79,442,025	-10.1%	309,100	-0.3%	1.46%	-4.2%
SYK	Sell	STRYKER CORP	$77,501,470	-19.4%	283,604	-10.0%	1.42%	-14.1%
SE	Buy	SEA LTDsponsored ads	$73,424,189	-11.5%	1,670,918	+16.8%	1.35%	-5.7%
MELI	Sell	MERCADOLIBRE INC	$64,941,481	-3.2%	51,218	-9.6%	1.19%	+3.1%
FCX	Sell	FREEPORT-MCMORAN INCcl b	$57,997,190	-13.2%	1,555,300	-6.9%	1.06%	-7.5%
CRM	Buy	SALESFORCE INC	$57,362,409	+7.1%	282,877	+11.6%	1.05%	+14.1%
CRWD	Buy	CROWDSTRIKE HOLDINGS INCcl a	$50,549,597	+35.3%	302,005	+18.7%	0.93%	+44.1%
MA	Sell	MASTERCARD INCcl a	$48,708,060	-39.5%	122,991	-40.0%	0.89%	-35.6%
BILL	New	BILL HOLDINGS INC	$48,037,122	–	442,453	–	0.88%	–
TSM	Sell	TAIWAN SEMICONDUCTORsponsored ads	$47,073,057	-26.9%	541,696	-15.1%	0.86%	-22.2%
NOW	Buy	SERVICENOW INC	$44,176,062	+2.3%	79,048	+2.8%	0.81%	+9.0%
	Sell	ATLASSIAN CORPcl a	$44,095,627	+18.8%	218,826	-1.0%	0.81%	+26.8%
ALC	Sell	ALCON INC	$40,877,402	-42.9%	530,462	-39.2%	0.75%	-39.2%
SQ	Buy	BLOCK INCcl a	$35,871,181	-23.0%	810,465	+15.9%	0.66%	-17.8%
EH	Buy	EHANG HOLDINGS LTDads	$33,539,428	+46.9%	1,869,210	+24.2%	0.62%	+56.7%
YMM	Sell	FULL TRUCK ALLIANCEsponsored ads	$32,936,609	+12.0%	4,688,371	-0.8%	0.60%	+19.3%
COF	Buy	CAPITAL ONE FINANCIAL CORP	$30,012,713	+8.0%	309,250	+21.7%	0.55%	+15.0%
ORCL	Sell	ORACLE CORP	$29,738,493	-65.9%	280,714	-61.7%	0.55%	-63.6%
TW	Sell	TRADEWEB MARKETS INCcl a	$27,329,353	-12.6%	340,765	-25.4%	0.50%	-6.9%
JD	Sell	JD.COM INCspon adr cl a	$27,223,685	-32.2%	935,904	-20.4%	0.50%	-27.7%
	New	VESTA REAL ESTATE CORPads	$25,617,031	–	779,153	–	0.47%	–
VIPS	Buy	VIPSHOP HOLDINGS LTDsponsored ads a	$24,953,090	+31301.8%	1,561,030	+32313.4%	0.46%	+45700.0%
PG	Buy	PROCTER & GAMBLE CO/THE	$23,831,170	+23.7%	163,294	+28.2%	0.44%	+31.9%
DHR	Sell	DANAHER CORP	$20,906,045	-17.0%	84,268	-19.7%	0.38%	-11.5%
CL	Sell	COLGATE-PALMOLIVE CO	$18,266,158	-80.7%	256,730	-79.1%	0.34%	-79.5%
NEE	Sell	NEXTERA ENERGY INC	$14,731,264	-34.0%	257,135	-14.6%	0.27%	-29.9%
WM	Buy	WASTE MANAGEMENT INC	$14,543,996	-4.8%	95,408	+8.3%	0.27%	+1.5%
PINS	Buy	PINTEREST INCcl a	$11,914,121	+96.1%	440,774	+98.3%	0.22%	+108.6%
MRUS	Buy	MERUS NV	$10,758,473	-1.4%	454,331	+9.7%	0.20%	+5.3%
	New	KENVUE INC	$10,562,406	–	526,015	–	0.19%	–
ANSS	Sell	ANSYS INC	$10,411,094	-28.9%	34,986	-21.2%	0.19%	-24.2%
GPRK	Buy	GEOPARK LTD	$10,268,528	+21.4%	998,884	+17.0%	0.19%	+29.5%
ATVI	Buy	ACTIVISION BLIZZARD INC	$10,248,740	+1028.9%	109,460	+916.4%	0.19%	+1075.0%
	New	CANADIAN PACIFIC KANSAS CITY	$9,468,747	–	127,251	–	0.17%	–
EL	Buy	ESTEE LAUDER COMPANIEScl a	$8,591,692	-17.1%	59,549	+12.6%	0.16%	-11.2%
SGEN	Buy	SEAGEN INC	$8,076,763	+155.9%	38,071	+132.2%	0.15%	+174.1%
HZNP	Buy	HORIZON THERAPEUTICS PLC	$7,907,064	+106.0%	68,347	+83.1%	0.14%	+119.7%
ISRG	Buy	INTUITIVE SURGICAL INC	$7,502,793	+15.2%	25,607	+34.1%	0.14%	+23.2%
ADSK	Sell	AUTODESK INC	$7,417,058	-8.2%	35,829	-9.2%	0.14%	-2.2%
INTU	Buy	INTUIT INC	$7,253,048	+37.0%	14,191	+22.7%	0.13%	+46.2%
BZ	Sell	KANZHUN LTDsponsored ads	$7,045,217	-2.7%	468,432	-2.7%	0.13%	+3.2%
ADBE	Buy	ADOBE INC	$6,894,009	+12.7%	13,541	+8.1%	0.13%	+21.0%
NATI	Buy	NATIONAL INSTRUMENTS CORP	$6,529,105	+96.6%	109,512	+89.3%	0.12%	+110.5%
SPLK	New	SPLUNK INC	$6,248,239	–	42,723	–	0.12%	–
ABCM	New	ABCAM PLCads	$6,218,701	–	274,799	–	0.11%	–
TUYA	Sell	TUYA INCsponsered ads	$6,097,946	-24.9%	3,938,100	-8.4%	0.11%	-20.0%
AMAT	Sell	APPLIED MATERIALS INC	$6,117,690	-42.1%	44,187	-39.6%	0.11%	-38.5%
	New	SOVOS BRANDS INC	$5,956,086	–	264,128	–	0.11%	–
ECL	Sell	ECOLAB INC	$5,422,325	-28.4%	32,009	-21.0%	0.10%	-23.1%
CPRI	New	CAPRI HOLDINGS LTD	$5,177,824	–	98,419	–	0.10%	–
VEEV	Sell	VEEVA SYSTEMS INC	$4,842,060	-5.2%	23,805	-8.0%	0.09%	+1.1%
SCU	New	SCULPTOR CAPITAL MANAGEMENT	$4,792,238	–	413,124	–	0.09%	–
ARCE	New	ARCO PLATFORM LTD	$4,653,919	–	337,730	–	0.08%	–
TRU	Buy	TRANSUNION	$4,274,978	+12.2%	59,484	+22.0%	0.08%	+18.2%
AVID	New	AVID TECHNOLOGY INC	$4,053,098	–	150,841	–	0.07%	–
ADI	Buy	ANALOG DEVICES INC	$3,993,868	+7.5%	22,780	+18.6%	0.07%	+14.1%
ALGN	Buy	ALIGN TECHNOLOGY INC	$3,913,598	+20.2%	12,802	+37.9%	0.07%	+28.6%
KO	Buy	COCA-COLA CONSOLIDATED INC	$3,688,747	+3.3%	5,797	+3.3%	0.07%	+9.7%
CTAS	Buy	CINTAS CORP	$3,335,323	+8.1%	6,934	+11.7%	0.06%	+15.1%
NEWR	New	NEW RELIC INC	$3,251,848	–	37,980	–	0.06%	–
AMED	Buy	AMEDISYS INC	$3,149,915	+383.3%	33,725	+373.2%	0.06%	+427.3%
ARGO	Buy	ARGO GROUP INTERNATIONAL	$3,160,026	+92.6%	105,899	+91.1%	0.06%	+107.1%
CD	Sell	CHINDATA GROUP HOLDINGSads	$3,102,598	-87.0%	373,807	-88.8%	0.06%	-86.2%
NKE	New	NIKE INCcl b	$3,072,557	–	32,133	–	0.06%	–
TASK	Sell	TASKUS INC	$3,067,843	-18.7%	296,279	-11.0%	0.06%	-13.8%
MAR	Sell	MARRIOTT INTERNATIONALcl a	$2,951,152	-1.3%	15,014	-7.8%	0.05%	+3.8%
TPIC	Buy	TPI COMPOSITES INC	$2,913,365	-71.8%	1,099,383	+10.2%	0.05%	-70.2%
TWNK	New	HOSTESS BRANDS INCcl a	$2,887,677	–	86,691	–	0.05%	–
RPT	New	RPT REALTYsh ben int	$2,663,169	–	252,194	–	0.05%	–
PANW	Sell	PALO ALTO NETWORKS INC	$2,684,400	-97.3%	11,443	-97.0%	0.05%	-97.1%
CPRT	Sell	COPART INC	$2,569,457	-63.6%	59,630	-22.9%	0.05%	-61.5%
CIR	Buy	CIRCOR INTERNATIONAL INC	$2,436,721	+283.1%	43,708	+287.9%	0.04%	+309.1%
NIU	Sell	NIU TECHNOLOGIESads	$2,461,840	-31.0%	869,908	-2.9%	0.04%	-26.2%
COST	Sell	COSTCO WHOLESALE CORP	$2,409,554	-95.2%	4,265	-95.4%	0.04%	-94.9%
VMC	New	VULCAN MATERIALS CO	$2,384,038	–	11,801	–	0.04%	–
MTZ	Buy	MASTEC INC	$2,084,251	+226.0%	28,960	+434.4%	0.04%	+245.5%
CSCO	Sell	CISCO SYSTEMS INC	$2,003,205	-2.0%	37,262	-5.7%	0.04%	+5.7%
PAYX	Sell	PAYCHEX INC	$1,958,995	-23.1%	16,986	-25.5%	0.04%	-18.2%
CLSD	Sell	CLEARSIDE BIOMEDICAL INC	$1,855,274	-31.0%	2,132,744	-11.1%	0.03%	-26.1%
WNS	New	WNS HOLDINGS LTDspon adr	$1,553,667	–	22,647	–	0.03%	–
ICPT	New	INTERCEPT PHARMACEUTICALS IN	$1,580,924	–	85,271	–	0.03%	–
BCOR	New	AVANTAX INC	$1,436,164	–	56,144	–	0.03%	–
FRGI	New	FIESTA RESTAURANT GROUP	$1,387,736	–	164,035	–	0.02%	–
GIS	Sell	GENERAL MILLS INC	$1,374,697	-37.2%	21,483	-24.7%	0.02%	-34.2%
RMD	Sell	RESMED INC	$1,240,821	-75.9%	8,376	-64.6%	0.02%	-74.2%
INTC	Buy	INTEL CORP	$1,219,152	+7.1%	34,294	+0.7%	0.02%	+10.0%
FTNT	Sell	FORTINET INC	$1,214,265	-52.5%	20,693	-38.8%	0.02%	-50.0%
LII	Buy	LENNOX INTERNATIONAL INC	$1,185,851	+84.9%	3,167	+61.0%	0.02%	+100.0%
NXGN	New	NEXTGEN HEALTHCARE INC	$1,183,676	–	49,881	–	0.02%	–
	New	CRH PLCord	$1,161,699	–	21,226	–	0.02%	–
MASI	Sell	MASIMO CORP	$1,076,843	-85.6%	12,270	-72.9%	0.02%	-84.5%
ACN	Sell	ACCENTURE PLC	$1,108,974	-18.6%	3,611	-18.2%	0.02%	-13.0%
RUN	Sell	SUNRUN INC	$1,106,649	-94.2%	88,109	-91.8%	0.02%	-93.9%
GLOB	New	GLOBANT SA	$850,541	–	4,297	–	0.02%	–
DAVA	New	ENDAVA PLCads	$741,190	–	12,907	–	0.01%	–
IRBT	Buy	IROBOT CORP	$683,792	+23.7%	18,042	+47.6%	0.01%	+30.0%
CORT	Sell	CORCEPT THERAPEUTICS INC	$703,466	-31.0%	25,820	-43.6%	0.01%	-27.8%
	Sell	TDCX INCads	$650,100	-38.8%	110,000	-17.9%	0.01%	-33.3%
NGMS	New	NEOGAMES SA	$606,339	–	22,457	–	0.01%	–
NOV	New	NOV INC	$522,500	–	25,000	–	0.01%	–
HT	New	HERSHA HOSPITALITY TRUST	$551,815	–	55,965	–	0.01%	–
NOVA	Buy	SUNNOVA ENERGY INTERNATIONAL	$439,730	+676.2%	41,999	+1257.4%	0.01%	+700.0%
	Sell	NEW ORIENTAL EDUCATIOspon adr	$113,483	-98.4%	1,929	-98.9%	0.00%	-98.4%
BMRN	Sell	BIOMARIN PHARMACEUTICAL INC	$8,926	-100.0%	100	-100.0%	0.00%	-100.0%
MNSO	Sell	MINISO GROUP HOLDING LTDsponsored ads	$19,934	-99.9%	767	-99.9%	0.00%	-100.0%
AMZN	Exit	AMAZON.COM INCcall	$0	–	-45,000	–	0.00%	–
PCOR	Exit	PROCORE TECHNOLOGIES INCcall	$0	–	-5,000	–	0.00%	–
JPM	Exit	JPMORGAN CHASE & COcall	$0	–	-215,500	–	-0.00%	–
	Exit	SAVERS VALUE VILLAGE INC	$0	–	-5,000	–	-0.00%	–
CDNS	Exit	CADENCE DESIGN SYS INC	$0	–	-1,000	–	-0.00%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-6,000	–	-0.00%	–
AVGO	Exit	BROADCOM INC	$0	–	-300	–	-0.00%	–
SNPS	Exit	SYNOPSYS INC	$0	–	-700	–	-0.01%	–
VECT	Exit	VECTIVBIO HOLDING AG	$0	–	-19,997	–	-0.01%	–
	Exit	NOV INC	$0	–	-25,000	–	-0.01%	–
DE	Exit	DEERE & CO	$0	–	-1,000	–	-0.01%	–
SNOW	Exit	SNOWFLAKE INCcl a	$0	–	-2,500	–	-0.01%	–
AMKR	Exit	AMKOR TECHNOLOGY INC	$0	–	-15,000	–	-0.01%	–
IR	Exit	INGERSOLL-RAND INC	$0	–	-8,000	–	-0.01%	–
CARR	Exit	CARRIER GLOBAL CORP	$0	–	-10,000	–	-0.01%	–
ETN	Exit	EATON CORP PLC	$0	–	-3,000	–	-0.01%	–
CCJ	Exit	CAMECO CORP	$0	–	-18,000	–	-0.01%	–
ISEE	Exit	IVERIC BIO INC	$0	–	-20,119	–	-0.01%	–
TSEM	Exit	TOWER SEMICONDUCTOR LTD	$0	–	-24,302	–	-0.02%	–
HWM	Exit	HOWMET AEROSPACE INC	$0	–	-20,000	–	-0.02%	–
USX	Exit	US XPRESS ENTERPRISES INC	$0	–	-184,160	–	-0.02%	–
SYNH	Exit	SYNEOS HEALTH INCcl a	$0	–	-26,432	–	-0.02%	–
ABST	Exit	ABSOLUTE SOFTWARE CORPORATIO	$0	–	-95,321	–	-0.02%	–
INDT	Exit	INDUS REALTY TRUST INC	$0	–	-16,119	–	-0.02%	–
PCOR	Exit	PROCORE TECHNOLOGIES INC	$0	–	-26,227	–	-0.03%	–
	Exit	FORGEROCK INCcl a	$0	–	-83,957	–	-0.03%	–
ARNC	Exit	ARCONIC CORP	$0	–	-61,841	–	-0.03%	–
RADI	Exit	RADIUS GLOBAL INFRASTRUCTU	$0	–	-148,904	–	-0.04%	–
KDNY	Exit	CHINOOK THERAPEUTICS INC	$0	–	-56,842	–	-0.04%	–
FRG	Exit	FRANCHISE GROUP INC	$0	–	-76,028	–	-0.04%	–
FOCS	Exit	FOCUS FINANCIAL PARTNERS	$0	–	-51,069	–	-0.05%	–
PDCE	Exit	PDC ENERGY INC	$0	–	-39,593	–	-0.05%	–
BLU	Exit	BELLUS HEALTH INC	$0	–	-220,882	–	-0.06%	–
	Exit	DICE THERAPEUTICS INC	$0	–	-70,439	–	-0.06%	–
LSI	Exit	LIFE STORAGE INC	$0	–	-25,418	–	-0.06%	–
DSEY	Exit	DIVERSEY HOLDINGS LTD	$0	–	-406,227	–	-0.06%	–
NUVA	Exit	NUVASIVE INC	$0	–	-103,300	–	-0.07%	–
UNVR	Exit	UNIVAR SOLUTIONS INC	$0	–	-121,559	–	-0.08%	–
POOL	Exit	POOL CORP	$0	–	-18,035	–	-0.12%	–
	Exit	CANADIAN PACIFIC KANSAS CITY	$0	–	-233,227	–	-0.32%	–
ANTM	Exit	ELEVANCE HEALTH INC	$0	–	-43,665	–	-0.33%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-107,502	–	-0.38%	–
ORLY	Exit	O'REILLY AUTOMOTIVE INC	$0	–	-61,732	–	-1.02%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-5,174,410	–	-1.51%	–

Q2 2023

			Value		Shares		↓ Weighting
LLY	New	ELI LILLY & CO	$446,890,610	–	953,022	–	7.70%	–
MSFT	New	MICROSOFT CORP	$428,211,480	–	1,257,800	–	7.38%	–
AMZN	New	AMAZON.COM INC	$322,199,757	–	2,471,678	–	5.55%	–
FB	New	META PLATFORMS INCcl a	$285,047,199	–	993,295	–	4.91%	–
BABA	New	ALIBABA GROUP HOLDINGsponsored ads	$241,466,997	–	2,897,005	–	4.16%	–
SPGI	New	S&P GLOBAL INC	$232,709,620	–	580,535	–	4.01%	–
AMD	New	ADVANCED MICRO DEVICES	$231,580,592	–	2,033,094	–	3.99%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$230,607,997	–	2,039,486	–	3.97%	–
GOOGL	New	ALPHABET INCcap stk cl a	$197,051,420	–	1,646,256	–	3.40%	–
SLB	New	SCHLUMBERGER LTD	$183,226,464	–	3,730,275	–	3.16%	–
HUM	New	HUMANA INC	$142,161,011	–	317,944	–	2.45%	–
AEM	New	AGNICO EAGLE MINES LTD	$140,077,510	–	2,802,785	–	2.41%	–
TMUS	New	T-MOBILE US INC	$136,289,572	–	981,224	–	2.35%	–
NVDA	New	NVIDIA CORP	$128,864,793	–	304,862	–	2.22%	–
NEM	New	NEWMONT CORP	$123,042,562	–	2,884,379	–	2.12%	–
	New	LINDE PLC	$109,719,447	–	287,919	–	1.89%	–
PANW	New	PALO ALTO NETWORKS INC	$97,749,951	–	382,622	–	1.68%	–
BEKE	New	KE HOLDINGS INCsponsored ads	$96,732,218	–	6,513,801	–	1.67%	–
SYK	New	STRYKER CORP	$96,141,690	–	315,177	–	1.66%	–
CL	New	COLGATE-PALMOLIVE CO	$94,713,870	–	1,229,727	–	1.63%	–
BMRN	New	BIOMARIN PHARMACEUTICAL INC	$93,787,797	–	1,081,956	–	1.62%	–
BIIB	New	BIOGEN INC	$88,330,685	–	310,100	–	1.52%	–
GOLD	New	BARRICK GOLD CORP	$87,598,098	–	5,174,410	–	1.51%	–
ORCL	New	ORACLE CORP	$87,174,289	–	732,145	–	1.50%	–
SE	New	SEA LTDsponsored ads	$83,003,449	–	1,430,436	–	1.43%	–
MA	New	MASTERCARD INCcl a	$80,534,170	–	204,829	–	1.39%	–
ALC	New	ALCON INC	$71,624,471	–	872,299	–	1.23%	–
MELI	New	MERCADOLIBRE INC	$67,092,785	–	56,645	–	1.16%	–
FCX	New	FREEPORT-MCMORAN INCcl b	$66,819,534	–	1,670,548	–	1.15%	–
TSM	New	TAIWAN SEMICONDUCTORsponsored ads	$64,394,399	–	638,077	–	1.11%	–
ORLY	New	O'REILLY AUTOMOTIVE INC	$58,970,772	–	61,732	–	1.02%	–
CRM	New	SALESFORCE INC	$53,551,156	–	253,490	–	0.92%	–
COST	New	COSTCO WHOLESALE CORP	$50,159,534	–	93,170	–	0.86%	–
SQ	New	BLOCK INCcl a	$46,558,525	–	699,392	–	0.80%	–
NOW	New	SERVICENOW INC	$43,187,010	–	76,887	–	0.74%	–
JD	New	JD.COM INCspon adr cl a	$40,143,808	–	1,176,289	–	0.69%	–
BAX	New	BAXTER INTERNATIONAL INC	$38,964,552	–	855,236	–	0.67%	–
CRWD	New	CROWDSTRIKE HOLDINGS INCcl a	$37,372,100	–	254,457	–	0.64%	–
	New	ATLASSIAN CORPcl a	$37,107,154	–	221,126	–	0.64%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$32,918,756	–	63,204	–	0.57%	–
TW	New	TRADEWEB MARKETS INCcl a	$31,262,421	–	456,519	–	0.54%	–
YMM	New	FULL TRUCK ALLIANCEsponsored ads	$29,400,830	–	4,727,051	–	0.51%	–
COF	New	CAPITAL ONE FINANCIAL CORP	$27,786,870	–	254,063	–	0.48%	–
DHR	New	DANAHER CORP	$25,186,833	–	104,954	–	0.43%	–
CD	New	CHINDATA GROUP HOLDINGSads	$23,957,623	–	3,344,996	–	0.41%	–
EH	New	EHANG HOLDINGS LTDads	$22,835,693	–	1,505,248	–	0.39%	–
NEE	New	NEXTERA ENERGY INC	$22,332,345	–	300,975	–	0.38%	–
UNP	New	UNION PACIFIC CORP	$21,997,078	–	107,502	–	0.38%	–
ANTM	New	ELEVANCE HEALTH INC	$19,399,923	–	43,665	–	0.33%	–
PG	New	PROCTER & GAMBLE CO/THE	$19,269,874	–	127,392	–	0.33%	–
RUN	New	SUNRUN INC	$19,145,563	–	1,071,980	–	0.33%	–
	New	CANADIAN PACIFIC KANSAS CITY	$18,837,745	–	233,227	–	0.32%	–
WM	New	WASTE MANAGEMENT INC	$15,270,672	–	88,056	–	0.26%	–
ANSS	New	ANSYS INC	$14,641,731	–	44,403	–	0.25%	–
MNSO	New	MINISO GROUP HOLDING LTDsponsored ads	$14,231,402	–	837,634	–	0.24%	–
MRUS	New	MERUS NV	$10,907,345	–	414,323	–	0.19%	–
AMAT	New	APPLIED MATERIALS INC	$10,570,644	–	73,133	–	0.18%	–
EL	New	ESTEE LAUDER COMPANIEScl a	$10,359,319	–	52,888	–	0.18%	–
TPIC	New	TPI COMPOSITES INC	$10,342,810	–	997,378	–	0.18%	–
GPRK	New	GEOPARK LTD	$8,458,968	–	853,579	–	0.15%	–
TUYA	New	TUYA INCsponsered ads	$8,121,239	–	4,297,175	–	0.14%	–
ADSK	New	AUTODESK INC	$8,078,754	–	39,456	–	0.14%	–
ECL	New	ECOLAB INC	$7,568,039	–	40,538	–	0.13%	–
MASI	New	MASIMO CORP	$7,461,230	–	45,278	–	0.13%	–
BZ	New	KANZHUN LTDsponsored ads	$7,242,436	–	481,225	–	0.12%	–
	New	NEW ORIENTAL EDUCATIOspon adr	$7,190,689	–	182,105	–	0.12%	–
CPRT	New	COPART INC	$7,054,273	–	77,341	–	0.12%	–
POOL	New	POOL CORP	$6,756,632	–	18,035	–	0.12%	–
ISRG	New	INTUITIVE SURGICAL INC	$6,515,257	–	19,096	–	0.11%	–
PINS	New	PINTEREST INCcl a	$6,076,260	–	222,248	–	0.10%	–
ADBE	New	ADOBE INC	$6,116,796	–	12,530	–	0.10%	–
INTU	New	INTUIT INC	$5,295,638	–	11,567	–	0.09%	–
RMD	New	RESMED INC	$5,155,442	–	23,639	–	0.09%	–
VEEV	New	VEEVA SYSTEMS INC	$5,110,075	–	25,869	–	0.09%	–
UNVR	New	UNIVAR SOLUTIONS INC	$4,356,675	–	121,559	–	0.08%	–
NUVA	New	NUVASIVE INC	$4,296,247	–	103,300	–	0.07%	–
TRU	New	TRANSUNION	$3,810,229	–	48,762	–	0.07%	–
HZNP	New	HORIZON THERAPEUTICS PLC	$3,838,876	–	37,325	–	0.07%	–
TASK	New	TASKUS INC	$3,774,087	–	333,074	–	0.06%	–
ADI	New	ANALOG DEVICES INC	$3,716,697	–	19,210	–	0.06%	–
KO	New	COCA-COLA CONSOLIDATED INC	$3,569,980	–	5,613	–	0.06%	–
NIU	New	NIU TECHNOLOGIESads	$3,565,714	–	895,908	–	0.06%	–
DSEY	New	DIVERSEY HOLDINGS LTD	$3,408,245	–	406,227	–	0.06%	–
LSI	New	LIFE STORAGE INC	$3,379,577	–	25,418	–	0.06%	–
NATI	New	NATIONAL INSTRUMENTS CORP	$3,321,508	–	57,866	–	0.06%	–
ALGN	New	ALIGN TECHNOLOGY INC	$3,254,650	–	9,281	–	0.06%	–
	New	DICE THERAPEUTICS INC	$3,272,596	–	70,439	–	0.06%	–
BLU	New	BELLUS HEALTH INC	$3,258,010	–	220,882	–	0.06%	–
SGEN	New	SEAGEN INC	$3,155,767	–	16,397	–	0.05%	–
CTAS	New	CINTAS CORP	$3,085,376	–	6,207	–	0.05%	–
BRO	New	BROWN & BROWN INC	$3,051,677	–	44,330	–	0.05%	–
MAR	New	MARRIOTT INTERNATIONALcl a	$2,990,106	–	16,278	–	0.05%	–
PDCE	New	PDC ENERGY INC	$2,816,646	–	39,593	–	0.05%	–
GRMN	New	GARMIN LTD	$2,717,276	–	26,055	–	0.05%	–
CLSD	New	CLEARSIDE BIOMEDICAL INC	$2,688,385	–	2,400,344	–	0.05%	–
FOCS	New	FOCUS FINANCIAL PARTNERS	$2,681,633	–	51,069	–	0.05%	–
PAYX	New	PAYCHEX INC	$2,549,070	–	22,786	–	0.04%	–
FTNT	New	FORTINET INC	$2,554,866	–	33,799	–	0.04%	–
GIS	New	GENERAL MILLS INC	$2,188,635	–	28,535	–	0.04%	–
RADI	New	RADIUS GLOBAL INFRASTRUCTU	$2,218,670	–	148,904	–	0.04%	–
FRG	New	FRANCHISE GROUP INC	$2,177,442	–	76,028	–	0.04%	–
KDNY	New	CHINOOK THERAPEUTICS INC	$2,183,870	–	56,842	–	0.04%	–
GWW	New	WW GRAINGER INC	$2,163,102	–	2,743	–	0.04%	–
WTS	New	WATTS WATER TECHNOLOGIEScl a	$2,114,549	–	11,509	–	0.04%	–
CSCO	New	CISCO SYSTEMS INC	$2,044,713	–	39,519	–	0.04%	–
DAR	New	DARLING INGREDIENTS INC	$1,972,195	–	30,917	–	0.03%	–
HXL	New	HEXCEL CORP	$1,836,415	–	24,157	–	0.03%	–
ARNC	New	ARCONIC CORP	$1,829,257	–	61,841	–	0.03%	–
MEDP	New	MEDPACE HOLDINGS INC	$1,852,912	–	7,715	–	0.03%	–
ON	New	ON SEMICONDUCTOR	$1,801,560	–	19,048	–	0.03%	–
	New	FORGEROCK INCcl a	$1,724,477	–	83,957	–	0.03%	–
ALB	New	ALBEMARLE CORP	$1,672,952	–	7,499	–	0.03%	–
PCOR	New	PROCORE TECHNOLOGIES INC	$1,706,591	–	26,227	–	0.03%	–
SEDG	New	SOLAREDGE TECHNOLOGIES INC	$1,607,574	–	5,975	–	0.03%	–
ARGO	New	ARGO GROUP INTERNATIONAL	$1,641,105	–	55,424	–	0.03%	–
ACN	New	ACCENTURE PLC	$1,362,381	–	4,415	–	0.02%	–
HLT	New	HILTON WORLDWIDE HOLDINGS IN	$1,142,276	–	7,848	–	0.02%	–
INTC	New	INTEL CORP	$1,138,398	–	34,043	–	0.02%	–
USX	New	US XPRESS ENTERPRISES INC	$1,130,742	–	184,160	–	0.02%	–
INDT	New	INDUS REALTY TRUST INC	$1,079,973	–	16,119	–	0.02%	–
SYNH	New	SYNEOS HEALTH INCcl a	$1,113,844	–	26,432	–	0.02%	–
ABST	New	ABSOLUTE SOFTWARE CORPORATIO	$1,092,379	–	95,321	–	0.02%	–
V	New	VISA INC	$1,079,822	–	4,547	–	0.02%	–
CORT	New	CORCEPT THERAPEUTICS INC	$1,019,495	–	45,820	–	0.02%	–
	New	TDCX INCads	$1,062,700	–	134,000	–	0.02%	–
HWM	New	HOWMET AEROSPACE INC	$991,200	–	20,000	–	0.02%	–
NDSN	New	NORDSON CORP	$1,006,122	–	4,054	–	0.02%	–
LBAI	New	LAKELAND BANCORP INC	$981,139	–	73,274	–	0.02%	–
ATVI	New	ACTIVISION BLIZZARD INC	$907,827	–	10,769	–	0.02%	–
TSEM	New	TOWER SEMICONDUCTOR LTD	$911,811	–	24,302	–	0.02%	–
ISEE	New	IVERIC BIO INC	$791,481	–	20,119	–	0.01%	–
PLUG	New	PLUG POWER INC	$699,081	–	67,284	–	0.01%	–
PYPL	New	PAYPAL HOLDINGS INC	$678,244	–	10,164	–	0.01%	–
HD	New	HOME DEPOT INC	$711,987	–	2,292	–	0.01%	–
SSNC	New	SS&C TECHNOLOGIES HOLDINGS	$632,603	–	10,439	–	0.01%	–
MTZ	New	MASTEC INC	$639,279	–	5,419	–	0.01%	–
LII	New	LENNOX INTERNATIONAL INC	$641,380	–	1,967	–	0.01%	–
CIR	New	CIRCOR INTERNATIONAL INC	$636,022	–	11,267	–	0.01%	–
AMED	New	AMEDISYS INC	$651,693	–	7,127	–	0.01%	–
IRBT	New	IROBOT CORP	$552,955	–	12,220	–	0.01%	–
ETN	New	EATON CORP PLC	$603,300	–	3,000	–	0.01%	–
CCJ	New	CAMECO CORP	$563,940	–	18,000	–	0.01%	–
CARR	New	CARRIER GLOBAL CORP	$497,100	–	10,000	–	0.01%	–
IR	New	INGERSOLL-RAND INC	$522,880	–	8,000	–	0.01%	–
SNOW	New	SNOWFLAKE INCcl a	$439,950	–	2,500	–	0.01%	–
AMKR	New	AMKOR TECHNOLOGY INC	$446,250	–	15,000	–	0.01%	–
	New	NOV INC	$401,000	–	25,000	–	0.01%	–
DE	New	DEERE & CO	$405,190	–	1,000	–	0.01%	–
VECT	New	VECTIVBIO HOLDING AG	$339,949	–	19,997	–	0.01%	–
SNPS	New	SYNOPSYS INC	$304,787	–	700	–	0.01%	–
VZ	New	VERIZON COMMUNICATIONS INC	$223,140	–	6,000	–	0.00%	–
CDNS	New	CADENCE DESIGN SYS INC	$234,520	–	1,000	–	0.00%	–
AVGO	New	BROADCOM INC	$260,229	–	300	–	0.00%	–
	New	SAVERS VALUE VILLAGE INC	$118,500	–	5,000	–	0.00%	–
BIDU	New	BAIDU INCspon adr rep a	$108,296	–	791	–	0.00%	–
NOVA	New	SUNNOVA ENERGY INTERNATIONAL	$56,651	–	3,094	–	0.00%	–
JPM	New	JPMORGAN CHASE & COcall	$31,342	–	215,500	–	0.00%	–
VIPS	New	VIPSHOP HOLDINGS LTDsponsored ads a	$79,464	–	4,816	–	0.00%	–
AMZN	New	AMAZON.COM INCcall	$5,866	–	45,000	–	0.00%	–
PCOR	New	PROCORE TECHNOLOGIES INCcall	$325	–	5,000	–	0.00%	–

Q4 2022

			Value		Shares		↓ Weighting
XPEV	Exit	XPENG INCads	$0	–	-766	–	0.00%	–
KMB	Exit	KIMBERLY-CLARK CORP	$0	–	-1,000	–	-0.00%	–
RF	Exit	REGIONS FINANCIAL CORP	$0	–	-5,500	–	-0.00%	–
IPG	Exit	INTERPUBLIC GROUP OF COS INC	$0	–	-4,500	–	-0.00%	–
OMC	Exit	OMNICOM GROUP	$0	–	-1,800	–	-0.00%	–
FERG	Exit	FERGUSON PLC	$0	–	-1,000	–	-0.00%	–
IBM	Exit	INTL BUSINESS MACHINES CORP	$0	–	-1,000	–	-0.00%	–
	Exit	GILEAD SCIENCES INC	$0	–	-2,000	–	-0.00%	–
K	Exit	KELLOGG CO	$0	–	-1,800	–	-0.00%	–
SSNC	Exit	SS&C TECHNOLOGIES HOLDINGS	$0	–	-3,025	–	-0.00%	–
SNPS	Exit	SYNOPSYS INC	$0	–	-400	–	-0.00%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-1,350	–	-0.00%	–
NKE	Exit	NIKE INCcl b	$0	–	-2,500	–	-0.00%	–
FB	Exit	META PLATFORMS INCcl a	$0	–	-1,400	–	-0.00%	–
CP	Exit	CANADIAN PACIFIC RAILWAY LTD	$0	–	-2,500	–	-0.00%	–
LII	Exit	LENNOX INTERNATIONAL INC	$0	–	-1,098	–	-0.01%	–
APTV	Exit	APTIV PLC	$0	–	-3,500	–	-0.01%	–
TCOM	Exit	TRIP.COM GROUP LTDads	$0	–	-9,553	–	-0.01%	–
GM	Exit	GENERAL MOTORS CO	$0	–	-9,000	–	-0.01%	–
V	Exit	VISA INC	$0	–	-1,967	–	-0.01%	–
TRMB	Exit	TRIMBLE INC	$0	–	-6,000	–	-0.01%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-4,404	–	-0.01%	–
NXPI	Exit	NXP SEMICONDUCTORS NV	$0	–	-2,500	–	-0.01%	–
LULU	Exit	LULULEMON ATHLETICA INC	$0	–	-1,365	–	-0.01%	–
SXT	Exit	SENSIENT TECHNOLOGIES CORP	$0	–	-6,000	–	-0.01%	–
NOV	Exit	NOV INC	$0	–	-25,000	–	-0.01%	–
LUV	Exit	SOUTHWEST AIRLINES CO	$0	–	-12,991	–	-0.01%	–
ACN	Exit	ACCENTURE PLC	$0	–	-1,755	–	-0.01%	–
AAPL	Exit	APPLE INC	$0	–	-3,500	–	-0.01%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-14,379	–	-0.01%	–
HLT	Exit	HILTON WORLDWIDE HOLDINGS IN	$0	–	-4,928	–	-0.01%	–
NDSN	Exit	NORDSON CORP	$0	–	-3,014	–	-0.01%	–
GIS	Exit	GENERAL MILLS INC	$0	–	-9,404	–	-0.02%	–
AMD	Exit	ADVANCED MICRO DEVICES	$0	–	-12,000	–	-0.02%	–
PLUG	Exit	PLUG POWER INC	$0	–	-39,566	–	-0.02%	–
DAR	Exit	DARLING INGREDIENTS INC	$0	–	-14,089	–	-0.02%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-2,000	–	-0.02%	–
	Exit	TDCX INCads	$0	–	-106,469	–	-0.02%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-10,000	–	-0.02%	–
PDD	Exit	PINDUODUO INCsponsored ads	$0	–	-19,624	–	-0.03%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-5,863	–	-0.03%	–
SEDG	Exit	SOLAREDGE TECHNOLOGIES INC	$0	–	-5,975	–	-0.03%	–
PFE	Exit	PFIZER INC	$0	–	-33,144	–	-0.03%	–
TRU	Exit	TRANSUNION	$0	–	-24,419	–	-0.03%	–
GRMN	Exit	GARMIN LTD	$0	–	-17,800	–	-0.03%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-6,384	–	-0.04%	–
BRO	Exit	BROWN & BROWN INC	$0	–	-27,836	–	-0.04%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-10,055	–	-0.04%	–
ADBE	Exit	ADOBE INC	$0	–	-7,126	–	-0.04%	–
ON	Exit	ON SEMICONDUCTOR	$0	–	-32,917	–	-0.04%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-13,923	–	-0.04%	–
KOS	Exit	KOSMOS ENERGY LTD	$0	–	-448,729	–	-0.05%	–
MAR	Exit	MARRIOTT INTERNATIONALcl a	$0	–	-16,464	–	-0.05%	–
CTAS	Exit	CINTAS CORP	$0	–	-6,013	–	-0.05%	–
PAYX	Exit	PAYCHEX INC	$0	–	-21,892	–	-0.05%	–
CPRT	Exit	COPART INC	$0	–	-24,174	–	-0.06%	–
VEEV	Exit	VEEVA SYSTEMS INC	$0	–	-15,809	–	-0.06%	–
CLSD	Exit	CLEARSIDE BIOMEDICAL INC	$0	–	-2,400,344	–	-0.06%	–
HXL	Exit	HEXCEL CORP	$0	–	-56,998	–	-0.06%	–
HTHT	Exit	H WORLD GROUP LTDsponsored ads	$0	–	-102,079	–	-0.07%	–
TPIC	Exit	TPI COMPOSITES INC	$0	–	-311,097	–	-0.08%	–
NOVA	Exit	SUNNOVA ENERGY INTERNATIONAL	$0	–	-170,124	–	-0.08%	–
MASI	Exit	MASIMO CORP	$0	–	-28,134	–	-0.09%	–
TUYA	Exit	TUYA INCsponsered ads	$0	–	-4,412,770	–	-0.09%	–
ACMR	Exit	ACM RESEARCH INC	$0	–	-347,265	–	-0.09%	–
NVDA	Exit	NVIDIA CORP	$0	–	-37,508	–	-0.10%	–
TASK	Exit	TASKUS INC	$0	–	-291,641	–	-0.10%	–
EH	Exit	EHANG HOLDINGS LTDads	$0	–	-1,216,194	–	-0.11%	–
INTU	Exit	INTUIT INC	$0	–	-13,422	–	-0.11%	–
PG	Exit	PROCTER & GAMBLE CO/THE	$0	–	-42,990	–	-0.12%	–
DELL	Exit	DELL TECHNOLOGIEScl c	$0	–	-164,770	–	-0.12%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-54,136	–	-0.14%	–
MTZ	Exit	MASTEC INC	$0	–	-105,243	–	-0.14%	–
RMD	Exit	RESMED INC	$0	–	-32,737	–	-0.15%	–
ECL	Exit	ECOLAB INC	$0	–	-49,545	–	-0.15%	–
GPRK	Exit	GEOPARK LTD	$0	–	-643,932	–	-0.16%	–
EL	Exit	ESTEE LAUDER COMPANIEScl a	$0	–	-36,418	–	-0.17%	–
ADSK	Exit	AUTODESK INC	$0	–	-45,544	–	-0.18%	–
WDAY	Exit	WORKDAY INCcl a	$0	–	-63,960	–	-0.21%	–
ANSS	Exit	ANSYS INC	$0	–	-44,042	–	-0.21%	–
TSM	Exit	TAIWAN SEMICONDUCTORsponsored ads	$0	–	-143,375	–	-0.21%	–
CD	Exit	CHINDATA GROUP HOLDINGSads	$0	–	-1,331,610	–	-0.23%	–
SE	Exit	SEA LTDsponsored ads	$0	–	-238,320	–	-0.29%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-33,740	–	-0.37%	–
WM	Exit	WASTE MANAGEMENT INC	$0	–	-116,824	–	-0.40%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-245,563	–	-0.41%	–
VIPS	Exit	VIPSHOP HOLDINGS LTDsponsored ads a	$0	–	-2,318,308	–	-0.42%	–
RUN	Exit	SUNRUN INC	$0	–	-759,639	–	-0.45%	–
BEKE	Exit	KE HOLDINGS INCsponsored ads	$0	–	-1,234,589	–	-0.46%	–
TSLA	Exit	TESLA INC	$0	–	-83,292	–	-0.48%	–
YMM	Exit	FULL TRUCK ALLIANCEsponsored ads	$0	–	-3,499,253	–	-0.49%	–
BKNG	Exit	BOOKING HOLDINGS INC	$0	–	-18,329	–	-0.65%	–
MNSO	Exit	MINISO GROUP HOLDING LTDsponsored ads	$0	–	-5,605,752	–	-0.66%	–
MRVL	Exit	MARVELL TECHNOLOGY INC	$0	–	-739,087	–	-0.68%	–
SYK	Exit	STRYKER CORP	$0	–	-161,138	–	-0.70%	–
CL	Exit	COLGATE-PALMOLIVE CO	$0	–	-508,276	–	-0.77%	–
NOW	Exit	SERVICENOW INC	$0	–	-100,149	–	-0.81%	–
TW	Exit	TRADEWEB MARKETS INCcl a	$0	–	-705,821	–	-0.86%	–
BABA	Exit	ALIBABA GROUP HOLDINGsponsored ads	$0	–	-529,416	–	-0.91%	–
UBER	Exit	UBER TECHNOLOGIES INC	$0	–	-1,696,663	–	-0.97%	–
HD	Exit	HOME DEPOT INC	$0	–	-208,429	–	-1.24%	–
	Exit	NEW ORIENTAL EDUCATIOspon adr	$0	–	-2,624,280	–	-1.35%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-78,270	–	-1.39%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-290,524	–	-1.43%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-236,661	–	-1.45%	–
CRM	Exit	SALESFORCE INC	$0	–	-504,483	–	-1.56%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-792,241	–	-1.63%	–
NEM	Exit	NEWMONT CORP	$0	–	-2,004,219	–	-1.81%	–
CNC	Exit	CENTENE CORP	$0	–	-1,208,115	–	-2.02%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-6,118,222	–	-2.04%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-2,382,079	–	-2.16%	–
COST	Exit	COSTCO WHOLESALE CORP	$0	–	-242,704	–	-2.46%	–
CTLT	Exit	CATALENT INC	$0	–	-1,768,186	–	-2.75%	–
ORLY	Exit	O'REILLY AUTOMOTIVE INC	$0	–	-191,961	–	-2.90%	–
HUM	Exit	HUMANA INC	$0	–	-290,908	–	-3.03%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-1,058,535	–	-3.05%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-1,723,921	–	-3.35%	–
PANW	Exit	PALO ALTO NETWORKS INC	$0	–	-1,017,540	–	-3.58%	–
ORCL	Exit	ORACLE CORP	$0	–	-2,803,848	–	-3.68%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-606,936	–	-3.98%	–
DHR	Exit	DANAHER CORP	$0	–	-810,818	–	-4.50%	–
ANTM	Exit	ELEVANCE HEALTH INC	$0	–	-479,124	–	-4.68%	–
JD	Exit	JD.COM INCspon adr cl a	$0	–	-4,472,045	–	-4.83%	–
LLY	Exit	ELI LILLY & CO	$0	–	-703,732	–	-4.89%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-1,243,257	–	-6.22%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-8,094,480	–	-6.24%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-2,752,944	–	-6.68%	–

Q3 2022

			Value		Shares		↓ Weighting
AMZN	Buy	AMAZON.COM INC	$311,090,000	+167.6%	2,752,944	+151.5%	6.68%	+171.5%
SLB	Sell	SCHLUMBERGER LTD	$290,593,000	-1.5%	8,094,480	-1.9%	6.24%	0.0%
MSFT	Buy	MICROSOFT CORP	$289,634,000	+18.7%	1,243,257	+30.9%	6.22%	+20.5%
LLY	Sell	ELI LILLY & CO	$227,608,000	-11.0%	703,732	-10.8%	4.89%	-9.7%
JD	Sell	JD.COM INCspon adr cl a	$224,967,000	-22.9%	4,472,045	-1.5%	4.83%	-21.7%
ANTM	Sell	ELEVANCE HEALTH INC	$217,639,000	-10.9%	479,124	-5.3%	4.68%	-9.5%
DHR	Sell	DANAHER CORP	$209,431,000	-7.9%	810,818	-9.6%	4.50%	-6.5%
SPGI	Sell	S&P GLOBAL INC	$185,348,000	-18.2%	606,936	-9.7%	3.98%	-16.9%
ORCL	Buy	ORACLE CORP	$171,232,000	+896.9%	2,803,848	+1040.5%	3.68%	+910.7%
PANW	Buy	PALO ALTO NETWORKS INC	$166,688,000	-9.1%	1,017,540	+174.1%	3.58%	-7.7%
ICE	Sell	INTERCONTINENTAL EXCHANGE IN	$155,766,000	-9.3%	1,723,921	-5.6%	3.35%	-8.0%
TMUS	Sell	T-MOBILE US INC	$142,024,000	-34.5%	1,058,535	-34.4%	3.05%	-33.6%
HUM	Sell	HUMANA INC	$141,148,000	-15.8%	290,908	-18.8%	3.03%	-14.6%
ORLY	Sell	O'REILLY AUTOMOTIVE INC	$135,018,000	-29.4%	191,961	-36.6%	2.90%	-28.3%
CTLT	New	CATALENT INC	$127,950,000	–	1,768,186	–	2.75%	–
COST	Buy	COSTCO WHOLESALE CORP	$114,624,000	+7.2%	242,704	+8.8%	2.46%	+8.8%
AEM	Buy	AGNICO EAGLE MINES LTD	$100,591,000	-4.0%	2,382,079	+4.0%	2.16%	-2.5%
GOLD	Buy	BARRICK GOLD CORP	$94,827,000	-5.9%	6,118,222	+7.4%	2.04%	-4.5%
CNC	New	CENTENE CORP	$94,003,000	–	1,208,115	–	2.02%	–
NEM	Buy	NEWMONT CORP	$84,236,000	-20.2%	2,004,219	+13.3%	1.81%	-19.0%
GOOGL	Buy	ALPHABET INCcap stk cl a	$75,811,000	+95.7%	792,241	+4363.3%	1.63%	+98.7%
CRM	Sell	SALESFORCE INC	$72,585,000	-30.9%	504,483	-20.7%	1.56%	-29.8%
MA	Sell	MASTERCARD INCcl a	$67,306,000	-36.8%	236,661	-29.8%	1.45%	-35.8%
STZ	Sell	CONSTELLATION BRANDS INCcl a	$66,730,000	-52.4%	290,524	-51.7%	1.43%	-51.7%
MELI	Sell	MERCADOLIBRE INC	$64,792,000	+7.3%	78,270	-17.4%	1.39%	+8.8%
	New	NEW ORIENTAL EDUCATIOspon adr	$62,971,000	–	2,624,280	–	1.35%	–
HD	New	HOME DEPOT INC	$57,515,000	–	208,429	–	1.24%	–
UBER	Sell	UBER TECHNOLOGIES INC	$44,962,000	-30.5%	1,696,663	-46.3%	0.97%	-29.4%
BABA	New	ALIBABA GROUP HOLDINGsponsored ads	$42,348,000	–	529,416	–	0.91%	–
NOW	Buy	SERVICENOW INC	$37,835,000	+4.5%	100,149	+31.6%	0.81%	+6.1%
CL	Buy	COLGATE-PALMOLIVE CO	$35,746,000	-2.1%	508,276	+11.6%	0.77%	-0.6%
SYK	Buy	STRYKER CORP	$32,651,000	+2518.4%	161,138	+2472.0%	0.70%	+2600.0%
MRVL	Sell	MARVELL TECHNOLOGY INC	$31,714,000	-2.2%	739,087	-0.8%	0.68%	-0.9%
MNSO	Buy	MINISO GROUP HOLDING LTDsponsored ads	$30,728,000	-18.3%	5,605,752	+17.0%	0.66%	-17.1%
BKNG	Buy	BOOKING HOLDINGS INC	$30,118,000	+31.0%	18,329	+39.5%	0.65%	+32.9%
YMM	Buy	FULL TRUCK ALLIANCEsponsored ads	$22,918,000	-16.2%	3,499,253	+15.7%	0.49%	-15.0%
TSLA	New	TESLA INC	$22,093,000	–	83,292	–	0.48%	–
BEKE	Sell	KE HOLDINGS INCsponsored ads	$21,599,000	-46.8%	1,234,589	-45.4%	0.46%	-46.0%
RUN	Sell	SUNRUN INC	$20,958,000	-29.6%	759,639	-40.4%	0.45%	-28.6%
VIPS	Sell	VIPSHOP HOLDINGS LTDsponsored ads a	$19,492,000	-50.1%	2,318,308	-41.2%	0.42%	-49.3%
NEE	Buy	NEXTERA ENERGY INC	$19,255,000	+19.5%	245,563	+18.1%	0.41%	+21.4%
WM	Sell	WASTE MANAGEMENT INC	$18,716,000	-5.0%	116,824	-9.3%	0.40%	-3.6%
TMO	Sell	THERMO FISHER SCIENTIFIC INC	$17,170,000	-10.0%	33,740	-4.1%	0.37%	-8.7%
SE	Buy	SEA LTDsponsored ads	$13,345,000	-4.5%	238,320	+14.1%	0.29%	-3.0%
CD	Sell	CHINDATA GROUP HOLDINGSads	$10,722,000	-2.2%	1,331,610	-5.9%	0.23%	-0.9%
TSM	Sell	TAIWAN SEMICONDUCTORsponsored ads	$9,830,000	-18.8%	143,375	-3.1%	0.21%	-17.6%
ANSS	Buy	ANSYS INC	$9,788,000	+49.8%	44,042	+61.5%	0.21%	+52.2%
WDAY	Buy	WORKDAY INCcl a	$9,736,000	+21.7%	63,960	+11.6%	0.21%	+23.7%
ADSK	Buy	AUTODESK INC	$8,525,000	+54.9%	45,544	+43.3%	0.18%	+57.8%
EL	Buy	ESTEE LAUDER COMPANIEScl a	$7,894,000	-6.2%	36,418	+10.4%	0.17%	-4.5%
GPRK	Buy	GEOPARK LTD	$7,553,000	+10.8%	643,932	+22.0%	0.16%	+12.5%
ECL	Buy	ECOLAB INC	$7,155,000	+33.6%	49,545	+42.2%	0.15%	+36.3%
RMD	Buy	RESMED INC	$7,152,000	+35.4%	32,737	+30.6%	0.15%	+37.5%
MTZ	Buy	MASTEC INC	$6,683,000	+5.3%	105,243	+18.8%	0.14%	+7.5%
BIDU	Buy	BAIDU INCspon adr rep a	$6,360,000	+33.7%	54,136	+69.3%	0.14%	+35.6%
DELL	Buy	DELL TECHNOLOGIEScl c	$5,630,000	+40.2%	164,770	+89.5%	0.12%	+42.4%
PG	Buy	PROCTER & GAMBLE CO/THE	$5,465,000	+22.5%	42,990	+38.1%	0.12%	+24.5%
INTU	Sell	INTUIT INC	$5,237,000	-8.9%	13,422	-9.7%	0.11%	-7.4%
EH	Sell	EHANG HOLDINGS LTDads	$5,118,000	-75.1%	1,216,194	-45.2%	0.11%	-74.7%
TASK	Buy	TASKUS INC	$4,711,000	+16.4%	291,641	+21.5%	0.10%	+17.4%
NVDA	Buy	NVIDIA CORP	$4,563,000	+10.9%	37,508	+39.3%	0.10%	+12.6%
ACMR	New	ACM RESEARCH INC	$4,327,000	–	347,265	–	0.09%	–
TUYA	Sell	TUYA INCsponsered ads	$4,100,000	-64.7%	4,412,770	-0.3%	0.09%	-64.2%
MASI	Buy	MASIMO CORP	$3,986,000	+27.1%	28,134	+19.0%	0.09%	+30.3%
NOVA	Sell	SUNNOVA ENERGY INTERNATIONAL	$3,756,000	-51.2%	170,124	-59.3%	0.08%	-50.3%
TPIC	Buy	TPI COMPOSITES INC	$3,509,000	+616.1%	311,097	+693.7%	0.08%	+650.0%
HTHT	Sell	H WORLD GROUP LTDsponsored ads	$3,424,000	-59.5%	102,079	-54.0%	0.07%	-58.7%
HXL	Sell	HEXCEL CORP	$2,948,000	-44.5%	56,998	-43.9%	0.06%	-43.8%
CLSD	Buy	CLEARSIDE BIOMEDICAL INC	$2,712,000	-22.8%	2,400,344	+0.4%	0.06%	-21.6%
VEEV	Buy	VEEVA SYSTEMS INC	$2,607,000	-6.7%	15,809	+12.1%	0.06%	-5.1%
CPRT	Sell	COPART INC	$2,572,000	-8.0%	24,174	-6.1%	0.06%	-6.8%
PAYX	Sell	PAYCHEX INC	$2,457,000	-33.2%	21,892	-32.3%	0.05%	-32.1%
KOS	Buy	KOSMOS ENERGY LTD	$2,333,000	+4.4%	448,729	+25.0%	0.05%	+6.4%
MAR	Sell	MARRIOTT INTERNATIONALcl a	$2,307,000	-41.0%	16,464	-42.7%	0.05%	-39.8%
CTAS	Sell	CINTAS CORP	$2,334,000	-28.6%	6,013	-31.2%	0.05%	-27.5%
ZTS	Sell	ZOETIS INCcl a	$2,076,000	-65.9%	13,923	-60.6%	0.04%	-65.1%
ON	Sell	ON SEMICONDUCTOR	$2,052,000	-55.6%	32,917	-64.2%	0.04%	-55.1%
ADBE	Sell	ADOBE INC	$1,969,000	-32.7%	7,126	-10.7%	0.04%	-32.3%
ISRG	Buy	INTUITIVE SURGICAL INC	$1,892,000	+35.9%	10,055	+45.7%	0.04%	+41.4%
BRO	Buy	BROWN & BROWN INC	$1,684,000	+5.2%	27,836	+1.5%	0.04%	+5.9%
ALB	Sell	ALBEMARLE CORP	$1,688,000	-9.6%	6,384	-28.6%	0.04%	-10.0%
PFE	Sell	PFIZER INC	$1,450,000	-97.7%	33,144	-97.2%	0.03%	-97.7%
TRU	Sell	TRANSUNION	$1,454,000	-71.3%	24,419	-61.4%	0.03%	-71.0%
SEDG	Sell	SOLAREDGE TECHNOLOGIES INC	$1,383,000	-59.6%	5,975	-52.2%	0.03%	-58.3%
ALGN	Buy	ALIGN TECHNOLOGY INC	$1,226,000	+119.3%	5,863	+150.8%	0.03%	+116.7%
PDD	New	PINDUODUO INCsponsored ads	$1,228,000	–	19,624	–	0.03%	–
UNH	New	UNITEDHEALTH GROUP INC	$1,010,000	–	2,000	–	0.02%	–
JPM	New	JPMORGAN CHASE & CO	$1,045,000	–	10,000	–	0.02%	–
DAR	Buy	DARLING INGREDIENTS INC	$932,000	+8372.7%	14,089	+7684.0%	0.02%	–
PLUG	New	PLUG POWER INC	$831,000	–	39,566	–	0.02%	–
AMD	New	ADVANCED MICRO DEVICES	$760,000	–	12,000	–	0.02%	–
GIS	Sell	GENERAL MILLS INC	$720,000	-16.7%	9,404	-17.9%	0.02%	-16.7%
NDSN	Sell	NORDSON CORP	$640,000	-68.9%	3,014	-70.4%	0.01%	-68.2%
HLT	Sell	HILTON WORLDWIDE HOLDINGS IN	$594,000	-3.9%	4,928	-11.2%	0.01%	0.0%
CSCO	Buy	CISCO SYSTEMS INC	$575,000	+39.6%	14,379	+48.6%	0.01%	+33.3%
ACN	Sell	ACCENTURE PLC	$452,000	-27.9%	1,755	-22.3%	0.01%	-23.1%
AAPL	New	APPLE INC	$484,000	–	3,500	–	0.01%	–
LUV	Sell	SOUTHWEST AIRLINES CO	$401,000	-97.2%	12,991	-96.7%	0.01%	-97.0%
SXT	Sell	SENSIENT TECHNOLOGIES CORP	$416,000	-35.4%	6,000	-25.0%	0.01%	-35.7%
LULU	Sell	LULULEMON ATHLETICA INC	$382,000	-78.8%	1,365	-79.1%	0.01%	-78.9%
PYPL	Buy	PAYPAL HOLDINGS INC	$379,000	+52.8%	4,404	+24.2%	0.01%	+60.0%
NXPI	New	NXP SEMICONDUCTORS NV	$369,000	–	2,500	–	0.01%	–
V	Buy	VISA INC	$349,000	+0.9%	1,967	+11.8%	0.01%	0.0%
GM	New	GENERAL MOTORS CO	$289,000	–	9,000	–	0.01%	–
APTV	Buy	APTIV PLC	$274,000	+2.6%	3,500	+16.7%	0.01%	0.0%
TCOM	Sell	TRIP.COM GROUP LTDads	$261,000	-94.9%	9,553	-94.9%	0.01%	-94.4%
CP	New	CANADIAN PACIFIC RAILWAY LTD	$167,000	–	2,500	–	0.00%	–
FB	Sell	META PLATFORMS INCcl a	$190,000	-99.8%	1,400	-99.8%	0.00%	-99.8%
AXP	Sell	AMERICAN EXPRESS CO	$182,000	-32.1%	1,350	-30.3%	0.00%	-33.3%
NKE	Sell	NIKE INCcl b	$208,000	-41.9%	2,500	-28.6%	0.00%	-50.0%
IBM	New	INTL BUSINESS MACHINES CORP	$119,000	–	1,000	–	0.00%	–
K	New	KELLOGG CO	$125,000	–	1,800	–	0.00%	–
SNPS	Sell	SYNOPSYS INC	$122,000	-59.9%	400	-60.0%	0.00%	-50.0%
	New	GILEAD SCIENCES INC	$123,000	–	2,000	–	0.00%	–
KMB	New	KIMBERLY-CLARK CORP	$113,000	–	1,000	–	0.00%	–
RF	New	REGIONS FINANCIAL CORP	$110,000	–	5,500	–	0.00%	–
FERG	New	FERGUSON PLC	$103,000	–	1,000	–	0.00%	–
IPG	New	INTERPUBLIC GROUP OF COS INC	$115,000	–	4,500	–	0.00%	–
OMC	New	OMNICOM GROUP	$114,000	–	1,800	–	0.00%	–
XPEV	Sell	XPENG INCads	$9,000	-85.5%	766	-60.8%	0.00%	-100.0%
BHP	Exit	BHP GROUP LTDsponsored ads	$0	–	-4,500	–	-0.01%	–
JKS	Exit	JINKOSOLAR HOLDING COsponsored adr	$0	–	-3,378	–	-0.01%	–
DD	Exit	DUPONT DE NEMOURS INC	$0	–	-4,000	–	-0.01%	–
ROK	Exit	ROCKWELL AUTOMATION INC	$0	–	-1,500	–	-0.01%	–
PNR	Exit	PENTAIR PLC	$0	–	-8,000	–	-0.01%	–
AMAT	Exit	APPLIED MATERIALS INC	$0	–	-4,000	–	-0.01%	–
KLAC	Exit	KLA CORP	$0	–	-1,300	–	-0.01%	–
	Exit	HELLO GROUP INCads	$0	–	-188,767	–	-0.02%	–
NIO	Exit	NIO INCspon ads	$0	–	-68,776	–	-0.03%	–
NIU	Exit	NIU TECHNOLOGIESads	$0	–	-202,096	–	-0.04%	–
ST	Exit	SENSATA TECHNOLOGIES HOLDING	$0	–	-55,905	–	-0.05%	–
	Exit	SONO GROUP N Vcall	$0	–	-325,000	–	-0.12%	–
YY	Exit	JOYY INC	$0	–	-504,525	–	-0.32%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-263,684	–	-0.44%	–
EDU	Exit	NEW ORIENTAL EDUCATIOspon adr	$0	–	-3,585,790	–	-1.54%	–

Q2 2022

			Value		Shares		↓ Weighting
SLB	New	SCHLUMBERGER LTD	$294,924,000	–	8,247,174	–	6.24%	–
JD	New	JD.COM INCspon adr cl a	$291,629,000	–	4,540,899	–	6.18%	–
LLY	New	ELI LILLY & CO	$255,731,000	–	788,738	–	5.41%	–
ANTM	New	ELEVANCE HEALTH INC	$244,197,000	–	506,007	–	5.17%	–
MSFT	New	MICROSOFT CORP	$243,950,000	–	949,649	–	5.16%	–
DHR	New	DANAHER CORP	$227,293,000	–	896,553	–	4.81%	–
SPGI	New	S&P GLOBAL INC	$226,483,000	–	671,963	–	4.80%	–
TMUS	New	T-MOBILE US INC	$216,987,000	–	1,612,813	–	4.59%	–
ORLY	New	O'REILLY AUTOMOTIVE INC	$191,143,000	–	302,553	–	4.05%	–
PANW	New	PALO ALTO NETWORKS INC	$183,336,000	–	371,186	–	3.88%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$171,825,000	–	1,826,770	–	3.64%	–
HUM	New	HUMANA INC	$167,733,000	–	358,351	–	3.55%	–
STZ	New	CONSTELLATION BRANDS INCcl a	$140,099,000	–	601,093	–	2.97%	–
AMZN	New	AMAZON.COM INC	$116,260,000	–	1,094,593	–	2.46%	–
COST	New	COSTCO WHOLESALE CORP	$106,943,000	–	223,139	–	2.26%	–
MA	New	MASTERCARD INCcl a	$106,450,000	–	337,308	–	2.25%	–
NEM	New	NEWMONT CORP	$105,566,000	–	1,768,991	–	2.24%	–
CRM	New	SALESFORCE INC	$105,015,000	–	636,114	–	2.22%	–
AEM	New	AGNICO EAGLE MINES LTD	$104,781,000	–	2,289,565	–	2.22%	–
GOLD	New	BARRICK GOLD CORP	$100,776,000	–	5,696,256	–	2.13%	–
FB	New	META PLATFORMS INCcl a	$92,663,000	–	574,656	–	1.96%	–
EDU	New	NEW ORIENTAL EDUCATIOspon adr	$72,990,000	–	3,585,790	–	1.54%	–
UBER	New	UBER TECHNOLOGIES INC	$64,667,000	–	3,160,642	–	1.37%	–
PFE	New	PFIZER INC	$62,883,000	–	1,199,430	–	1.33%	–
MELI	New	MERCADOLIBRE INC	$60,395,000	–	94,800	–	1.28%	–
TW	New	TRADEWEB MARKETS INCcl a	$48,172,000	–	705,821	–	1.02%	–
BEKE	New	KE HOLDINGS INCsponsored ads	$40,564,000	–	2,260,430	–	0.86%	–
VIPS	New	VIPSHOP HOLDINGS LTDsponsored ads a	$39,034,000	–	3,944,534	–	0.83%	–
GOOGL	New	ALPHABET INCcap stk cl a	$38,729,000	–	17,750	–	0.82%	–
MNSO	New	MINISO GROUP HOLDING LTDsponsored ads	$37,600,000	–	4,790,644	–	0.80%	–
CL	New	COLGATE-PALMOLIVE CO	$36,495,000	–	455,500	–	0.77%	–
NOW	New	SERVICENOW INC	$36,202,000	–	76,126	–	0.77%	–
MRVL	New	MARVELL TECHNOLOGY INC	$32,436,000	–	745,144	–	0.69%	–
RUN	New	SUNRUN INC	$29,770,000	–	1,274,385	–	0.63%	–
YMM	New	FULL TRUCK ALLIANCEsponsored ads	$27,342,000	–	3,024,404	–	0.58%	–
BKNG	New	BOOKING HOLDINGS INC	$22,985,000	–	13,142	–	0.49%	–
EH	New	EHANG HOLDINGS LTDads	$20,530,000	–	2,219,188	–	0.44%	–
ATVI	New	ACTIVISION BLIZZARD INC	$20,530,000	–	263,684	–	0.44%	–
WM	New	WASTE MANAGEMENT INC	$19,696,000	–	128,749	–	0.42%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$19,077,000	–	35,184	–	0.40%	–
ORCL	New	ORACLE CORP	$17,177,000	–	245,841	–	0.36%	–
NEE	New	NEXTERA ENERGY INC	$16,111,000	–	207,991	–	0.34%	–
YY	New	JOYY INC	$15,074,000	–	504,525	–	0.32%	–
LUV	New	SOUTHWEST AIRLINES CO	$14,289,000	–	395,592	–	0.30%	–
SE	New	SEA LTDsponsored ads	$13,972,000	–	208,820	–	0.30%	–
TSM	New	TAIWAN SEMICONDUCTORsponsored ads	$12,099,000	–	147,997	–	0.26%	–
TUYA	New	TUYA INCsponsered ads	$11,600,000	–	4,424,789	–	0.25%	–
CD	New	CHINDATA GROUP HOLDINGSads	$10,959,000	–	1,415,442	–	0.23%	–
HTHT	New	HUAZHU GROUP LTDsponsored ads	$8,454,000	–	221,877	–	0.18%	–
EL	New	ESTEE LAUDER COMPANIEScl a	$8,413,000	–	32,973	–	0.18%	–
WDAY	New	WORKDAY INCcl a	$7,999,000	–	57,311	–	0.17%	–
NOVA	New	SUNNOVA ENERGY INTERNATIONAL	$7,697,000	–	417,660	–	0.16%	–
GPRK	New	GEOPARK LTD	$6,817,000	–	527,641	–	0.14%	–
ANSS	New	ANSYS INC	$6,535,000	–	27,273	–	0.14%	–
MTZ	New	MASTEC INC	$6,348,000	–	88,591	–	0.13%	–
ZTS	New	ZOETIS INCcl a	$6,093,000	–	35,308	–	0.13%	–
	New	SONO GROUP N Vcall	$5,863,000	–	325,000	–	0.12%	–
INTU	New	INTUIT INC	$5,749,000	–	14,865	–	0.12%	–
ADSK	New	AUTODESK INC	$5,502,000	–	31,777	–	0.12%	–
ECL	New	ECOLAB INC	$5,357,000	–	34,843	–	0.11%	–
RMD	New	RESMED INC	$5,283,000	–	25,069	–	0.11%	–
HXL	New	HEXCEL CORP	$5,310,000	–	101,518	–	0.11%	–
TCOM	New	TRIP.COM GROUP LTDads	$5,124,000	–	186,661	–	0.11%	–
TRU	New	TRANSUNION	$5,062,000	–	63,339	–	0.11%	–
BIDU	New	BAIDU INCspon adr rep a	$4,757,000	–	31,982	–	0.10%	–
ON	New	ON SEMICONDUCTOR	$4,626,000	–	91,948	–	0.10%	–
PG	New	PROCTER & GAMBLE CO/THE	$4,460,000	–	31,119	–	0.09%	–
NVDA	New	NVIDIA CORP	$4,116,000	–	26,930	–	0.09%	–
TASK	New	TASKUS INC	$4,048,000	–	239,998	–	0.09%	–
DELL	New	DELL TECHNOLOGIEScl c	$4,017,000	–	86,938	–	0.08%	–
MAR	New	MARRIOTT INTERNATIONALcl a	$3,909,000	–	28,738	–	0.08%	–
PAYX	New	PAYCHEX INC	$3,680,000	–	32,319	–	0.08%	–
CLSD	New	CLEARSIDE BIOMEDICAL INC	$3,514,000	–	2,390,344	–	0.07%	–
SEDG	New	SOLAREDGE TECHNOLOGIES INC	$3,424,000	–	12,511	–	0.07%	–
CTAS	New	CINTAS CORP	$3,267,000	–	8,745	–	0.07%	–
MASI	New	MASIMO CORP	$3,137,000	–	23,645	–	0.07%	–
ADBE	New	ADOBE INC	$2,925,000	–	7,977	–	0.06%	–
VEEV	New	VEEVA SYSTEMS INC	$2,794,000	–	14,108	–	0.06%	–
CPRT	New	COPART INC	$2,796,000	–	25,734	–	0.06%	–
ST	New	SENSATA TECHNOLOGIES HOLDING	$2,320,000	–	55,905	–	0.05%	–
KOS	New	KOSMOS ENERGY LTD	$2,235,000	–	359,091	–	0.05%	–
NDSN	New	NORDSON CORP	$2,059,000	–	10,170	–	0.04%	–
ALB	New	ALBEMARLE CORP	$1,868,000	–	8,937	–	0.04%	–
LULU	New	LULULEMON ATHLETICA INC	$1,804,000	–	6,527	–	0.04%	–
NIU	New	NIU TECHNOLOGIESads	$1,739,000	–	202,096	–	0.04%	–
GRMN	New	GARMIN LTD	$1,749,000	–	17,800	–	0.04%	–
BRO	New	BROWN & BROWN INC	$1,600,000	–	27,429	–	0.03%	–
NIO	New	NIO INCspon ads	$1,494,000	–	68,776	–	0.03%	–
ISRG	New	INTUITIVE SURGICAL INC	$1,392,000	–	6,903	–	0.03%	–
SYK	New	STRYKER CORP	$1,247,000	–	6,265	–	0.03%	–
	New	TDCX INCads	$988,000	–	106,469	–	0.02%	–
	New	HELLO GROUP INCads	$957,000	–	188,767	–	0.02%	–
GIS	New	GENERAL MILLS INC	$864,000	–	11,453	–	0.02%	–
SXT	New	SENSIENT TECHNOLOGIES CORP	$644,000	–	8,000	–	0.01%	–
HLT	New	HILTON WORLDWIDE HOLDINGS IN	$618,000	–	5,547	–	0.01%	–
ACN	New	ACCENTURE PLC	$627,000	–	2,259	–	0.01%	–
ALGN	New	ALIGN TECHNOLOGY INC	$559,000	–	2,338	–	0.01%	–
TPIC	New	TPI COMPOSITES INC	$490,000	–	39,197	–	0.01%	–
NOV	New	NOV INC	$423,000	–	25,000	–	0.01%	–
CSCO	New	CISCO SYSTEMS INC	$412,000	–	9,674	–	0.01%	–
KLAC	New	KLA CORP	$415,000	–	1,300	–	0.01%	–
AMAT	New	APPLIED MATERIALS INC	$364,000	–	4,000	–	0.01%	–
PNR	New	PENTAIR PLC	$366,000	–	8,000	–	0.01%	–
NKE	New	NIKE INCcl b	$358,000	–	3,500	–	0.01%	–
TRMB	New	TRIMBLE INC	$349,000	–	6,000	–	0.01%	–
V	New	VISA INC	$346,000	–	1,759	–	0.01%	–
SNPS	New	SYNOPSYS INC	$304,000	–	1,000	–	0.01%	–
APTV	New	APTIV PLC	$267,000	–	3,000	–	0.01%	–
AXP	New	AMERICAN EXPRESS CO	$268,000	–	1,936	–	0.01%	–
ROK	New	ROCKWELL AUTOMATION INC	$299,000	–	1,500	–	0.01%	–
PYPL	New	PAYPAL HOLDINGS INC	$248,000	–	3,547	–	0.01%	–
LII	New	LENNOX INTERNATIONAL INC	$227,000	–	1,098	–	0.01%	–
JKS	New	JINKOSOLAR HOLDING COsponsored adr	$234,000	–	3,378	–	0.01%	–
DD	New	DUPONT DE NEMOURS INC	$222,000	–	4,000	–	0.01%	–
BHP	New	BHP GROUP LTDsponsored ads	$253,000	–	4,500	–	0.01%	–
SSNC	New	SS&C TECHNOLOGIES HOLDINGS	$176,000	–	3,025	–	0.00%	–
XPEV	New	XPENG INCads	$62,000	–	1,956	–	0.00%	–
DAR	New	DARLING INGREDIENTS INC	$11,000	–	181	–	0.00%	–

Q4 2021

			Value		Shares		↓ Weighting
IFS	Exit	INTERCORP FINANCIAL SERVICES	$0	–	-10	–	0.00%	–
SSNC	Exit	SS&C TECHNOLOGIES HOLDINGS	$0	–	-2,837	–	-0.00%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-2,340	–	-0.00%	–
CLSD	Exit	CLEARSIDE BIOMEDICAL INCcall	$0	–	-50,300	–	-0.00%	–
ROL	Exit	ROLLINS INC	$0	–	-11,846	–	-0.01%	–
LII	Exit	LENNOX INTERNATIONAL INC	$0	–	-1,572	–	-0.01%	–
BRO	Exit	BROWN & BROWN INC	$0	–	-9,365	–	-0.01%	–
NEM	Exit	NEWMONT CORP	$0	–	-10,931	–	-0.01%	–
WPM	Exit	WHEATON PRECIOUS METALS CORP	$0	–	-13,905	–	-0.01%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-2,391	–	-0.01%	–
HLT	Exit	HILTON WORLDWIDE HOLDINGS IN	$0	–	-3,991	–	-0.01%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-39,883	–	-0.01%	–
NDSN	Exit	NORDSON CORP	$0	–	-2,928	–	-0.01%	–
ACN	Exit	ACCENTURE PLC	$0	–	-2,468	–	-0.01%	–
TPIC	Exit	TPI COMPOSITES INC	$0	–	-39,197	–	-0.02%	–
VEEV	Exit	VEEVA SYSTEMS INC	$0	–	-8,269	–	-0.03%	–
PTRA	Exit	PROTERRA INC	$0	–	-247,420	–	-0.03%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-2,659	–	-0.03%	–
VNET	Exit	21VIANET GROUP INCsponsored ads a	$0	–	-161,294	–	-0.04%	–
	Exit	HELLO GROUP INCads	$0	–	-281,970	–	-0.04%	–
GRMN	Exit	GARMIN LTD	$0	–	-19,686	–	-0.04%	–
OZON	Exit	OZON HOLDINGS PLCsponsored ads	$0	–	-59,903	–	-0.04%	–
AEVA	Exit	AEVA TECHNOLOGIES INC	$0	–	-397,989	–	-0.04%	–
CTAS	Exit	CINTAS CORP	$0	–	-8,177	–	-0.04%	–
SEDG	Exit	SOLAREDGE TECHNOLOGIES INC	$0	–	-13,077	–	-0.04%	–
CPRT	Exit	COPART INC	$0	–	-24,772	–	-0.04%	–
PAYX	Exit	PAYCHEX INC	$0	–	-32,180	–	-0.04%	–
MAR	Exit	MARRIOTT INTERNATIONALcl a	$0	–	-25,544	–	-0.05%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-80,069	–	-0.05%	–
	Exit	TOAST INCcl a	$0	–	-100,000	–	-0.06%	–
GPRK	Exit	GEOPARK LTD	$0	–	-406,125	–	-0.06%	–
NIU	Exit	NIU TECHNOLOGIESads	$0	–	-230,251	–	-0.07%	–
EA	Exit	ELECTRONIC ARTS INC	$0	–	-39,258	–	-0.07%	–
HXL	Exit	HEXCEL CORP	$0	–	-94,770	–	-0.07%	–
RMD	Exit	RESMED INC	$0	–	-21,567	–	-0.07%	–
MASI	Exit	MASIMO CORP	$0	–	-21,781	–	-0.07%	–
ST	Exit	SENSATA TECHNOLOGIES HOLDING	$0	–	-121,858	–	-0.08%	–
DIS	Exit	WALT DISNEY CO/THE	$0	–	-39,600	–	-0.08%	–
TXG	Exit	10X GENOMICS INC	$0	–	-46,692	–	-0.08%	–
BKNG	Exit	BOOKING HOLDINGS INC	$0	–	-2,932	–	-0.09%	–
TRU	Exit	TRANSUNION	$0	–	-62,341	–	-0.09%	–
RGNX	Exit	REGENXBIO INC	$0	–	-173,840	–	-0.09%	–
ECL	Exit	ECOLAB INC	$0	–	-36,538	–	-0.10%	–
OLK	Exit	OLINK HOLDING ABsponsored ads	$0	–	-318,418	–	-0.10%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-39,662	–	-0.10%	–
INTU	Exit	INTUIT INC	$0	–	-14,735	–	-0.10%	–
NVDA	Exit	NVIDIA CORP	$0	–	-39,287	–	-0.10%	–
ON	Exit	ON SEMICONDUCTOR CORP	$0	–	-176,736	–	-0.10%	–
ADBE	Exit	ADOBE INC	$0	–	-13,999	–	-0.10%	–
DAR	Exit	DARLING INGREDIENTS INC	$0	–	-114,893	–	-0.10%	–
MTZ	Exit	MASTEC INC	$0	–	-97,721	–	-0.10%	–
TAL	Exit	TAL EDUCATION GROUPsponsored ads	$0	–	-1,946,021	–	-0.12%	–
PSTH	Exit	PERSHING SQUARE TONTINE	$0	–	-484,797	–	-0.12%	–
TASK	Exit	TASKUS INC	$0	–	-145,145	–	-0.12%	–
VMW	Exit	VMWARE INC	$0	–	-71,482	–	-0.13%	–
EL	Exit	ESTEE LAUDER COMPANIEScl a	$0	–	-35,711	–	-0.13%	–
ANSS	Exit	ANSYS INC	$0	–	-34,181	–	-0.14%	–
WM	Exit	WASTE MANAGEMENT INC	$0	–	-78,977	–	-0.15%	–
DQ	Exit	DAQO NEW ENERGY CORPspnsrd ads new	$0	–	-216,242	–	-0.15%	–
	Exit	DERMTECH INC	$0	–	-383,274	–	-0.15%	–
TSM	Exit	TAIWAN SEMICONDUCTORsponsored ads	$0	–	-111,945	–	-0.16%	–
ADSK	Exit	AUTODESK INC	$0	–	-50,272	–	-0.18%	–
CLSD	Exit	CLEARSIDE BIOMEDICAL INC	$0	–	-2,475,652	–	-0.18%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-29,800	–	-0.21%	–
DHR	Exit	DANAHER CORP	$0	–	-59,300	–	-0.22%	–
AMRS	Exit	AMYRIS INC	$0	–	-1,463,231	–	-0.25%	–
NOVA	Exit	SUNNOVA ENERGY INTERNATIONAL	$0	–	-638,818	–	-0.26%	–
NARI	Exit	INARI MEDICAL INC	$0	–	-271,780	–	-0.28%	–
DELL	Exit	DELL TECHNOLOGIEScall	$0	–	-220,000	–	-0.29%	–
TWTR	Exit	TWITTER INC	$0	–	-448,897	–	-0.34%	–
CHGG	Exit	CHEGG INC	$0	–	-449,393	–	-0.38%	–
NYT	Exit	NEW YORK TIMES COcl a	$0	–	-620,537	–	-0.38%	–
SPLK	Exit	SPLUNK INC	$0	–	-236,445	–	-0.43%	–
SE	Exit	SEA LTDsponsored ads	$0	–	-113,781	–	-0.45%	–
TUYA	Exit	TUYA INCsponsered ads	$0	–	-4,053,902	–	-0.46%	–
GBIO	Exit	GENERATION BIO CO	$0	–	-1,472,624	–	-0.46%	–
XLRN	Exit	ACCELERON PHARMA INC	$0	–	-221,502	–	-0.48%	–
AMED	Exit	AMEDISYS INC	$0	–	-277,335	–	-0.52%	–
EH	Exit	EHANG HOLDINGS LTDads	$0	–	-1,876,792	–	-0.56%	–
TWLO	Exit	TWILIO INCcl a	$0	–	-147,479	–	-0.59%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-320,772	–	-0.62%	–
FIS	Exit	FIDELITY NATIONAL INFO SERV	$0	–	-422,215	–	-0.64%	–
CD	Exit	CHINDATA GROUP HOLDINGSads	$0	–	-6,254,905	–	-0.66%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-486,813	–	-0.76%	–
ETSY	Exit	ETSY INC	$0	–	-298,592	–	-0.78%	–
YNDX	Exit	YANDEX NV	$0	–	-833,940	–	-0.83%	–
V	Exit	VISA INC	$0	–	-310,458	–	-0.86%	–
GDRX	Exit	GOODRX HOLDINGS INC	$0	–	-1,781,091	–	-0.91%	–
GPS	Exit	GAP INC/THE	$0	–	-3,291,252	–	-0.93%	–
MNSO	Exit	MINISO GROUP HOLDING LTDsponsored ads	$0	–	-5,126,893	–	-0.98%	–
COF	Exit	CAPITAL ONE FINANCIAL CORP	$0	–	-486,614	–	-0.98%	–
EDU	Exit	NEW ORIENTAL EDUCATIOspon adr	$0	–	-39,165,819	–	-1.00%	–
VIPS	Exit	VIPSHOP HOLDINGS LTDsponsored ads a	$0	–	-7,818,251	–	-1.09%	–
ULTA	Exit	ULTA BEAUTY INC	$0	–	-261,090	–	-1.18%	–
YY	Exit	JOYY INC	$0	–	-1,747,632	–	-1.20%	–
LULU	Exit	LULULEMON ATHLETICA INC	$0	–	-271,718	–	-1.37%	–
PANW	Exit	PALO ALTO NETWORKS INC	$0	–	-251,300	–	-1.50%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-325,203	–	-1.59%	–
COST	Exit	COSTCO WHOLESALE CORP	$0	–	-285,529	–	-1.60%	–
SYK	Exit	STRYKER CORP	$0	–	-505,031	–	-1.66%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-386,507	–	-1.68%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-547,618	–	-1.78%	–
GDS	Exit	GDS HOLDINGS LTDsponsored ads	$0	–	-2,646,748	–	-1.87%	–
RUN	Exit	SUNRUN INC	$0	–	-3,542,368	–	-1.95%	–
KC	Exit	KINGSOFT CLOUD HOLDINGSads	$0	–	-5,905,925	–	-2.09%	–
NOW	Exit	SERVICENOW INC	$0	–	-274,268	–	-2.13%	–
MTCH	Exit	MATCH GROUP INC	$0	–	-1,154,615	–	-2.26%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-120,550	–	-2.53%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-1,833,308	–	-2.63%	–
NFLX	Exit	NETFLIX INC	$0	–	-366,271	–	-2.79%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-2,196,278	–	-3.50%	–
SQ	Exit	SQUARE INCcl a	$0	–	-1,173,938	–	-3.52%	–
ANTM	Exit	ANTHEM INC	$0	–	-791,150	–	-3.68%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-880,155	–	-3.73%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-115,187	–	-3.85%	–
UBER	Exit	UBER TECHNOLOGIES INC	$0	–	-7,829,222	–	-4.38%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-1,444,050	–	-5.08%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-129,918	–	-5.33%	–
CRM	Exit	SALESFORCE.COM INC	$0	–	-1,918,784	–	-6.50%	–
JD	Exit	JD.COM INCspon adr cl a	$0	–	-7,469,101	–	-6.74%	–

Q3 2021

			Value		Shares		↓ Weighting
JD	Buy	JD.COM INCspon adr cl a	$539,551,000	-7.2%	7,469,101	+2.6%	6.74%	-0.0%
CRM	Buy	SALESFORCE.COM INC	$520,411,000	+22.2%	1,918,784	+10.0%	6.50%	+31.6%
AMZN	Buy	AMAZON.COM INC	$426,789,000	+5.7%	129,918	+10.7%	5.33%	+13.9%
MSFT	Sell	MICROSOFT CORP	$407,141,000	-5.3%	1,444,050	-9.0%	5.08%	+2.0%
UBER	Buy	UBER TECHNOLOGIES INC	$350,747,000	+26.9%	7,829,222	+42.0%	4.38%	+36.7%
GOOGL	Sell	ALPHABET INCcap stk cl a	$307,972,000	-1.5%	115,187	-10.1%	3.85%	+6.1%
FB	Sell	FACEBOOK INCcl a	$298,718,000	-54.3%	880,155	-53.1%	3.73%	-50.8%
ANTM	Sell	ANTHEM INC	$294,976,000	-2.7%	791,150	-0.3%	3.68%	+4.8%
SQ	Buy	SQUARE INCcl a	$281,552,000	+352.6%	1,173,938	+360.1%	3.52%	+387.7%
TMUS	Buy	T-MOBILE US INC	$280,598,000	-7.6%	2,196,278	+4.7%	3.50%	-0.5%
NFLX	Sell	NETFLIX INC	$223,529,000	+3.1%	366,271	-10.8%	2.79%	+11.0%
ICE	Buy	INTERCONTINENTAL EXCHANGE IN	$210,519,000	+4.1%	1,833,308	+7.6%	2.63%	+12.2%
MELI	Buy	MERCADOLIBRE INC	$202,444,000	+8.8%	120,550	+0.9%	2.53%	+17.2%
MTCH	Buy	MATCH GROUP INC	$181,258,000	+205.8%	1,154,615	+214.1%	2.26%	+229.4%
NOW	Buy	SERVICENOW INC	$170,667,000	+35.0%	274,268	+19.2%	2.13%	+45.4%
KC	Buy	KINGSOFT CLOUD HOLDINGSads	$167,257,000	+7.5%	5,905,925	+28.9%	2.09%	+15.9%
RUN	Buy	SUNRUN INC	$155,857,000	+218.6%	3,542,368	+303.9%	1.95%	+243.2%
GDS	Buy	GDS HOLDINGS LTDsponsored ads	$149,833,000	-18.9%	2,646,748	+12.4%	1.87%	-12.7%
PYPL	Buy	PAYPAL HOLDINGS INC	$142,485,000	+1667.8%	547,618	+1882.9%	1.78%	+1812.9%
MA	Buy	MASTERCARD INCcl a	$134,396,000	-3.2%	386,507	+1.6%	1.68%	+4.2%
SYK	Buy	STRYKER CORP	$133,204,000	+2.0%	505,031	+0.5%	1.66%	+9.8%
COST	Sell	COSTCO WHOLESALE CORP	$128,304,000	-2.1%	285,529	-13.8%	1.60%	+5.5%
UNH	Sell	UNITEDHEALTH GROUP INC	$127,075,000	-26.9%	325,203	-25.1%	1.59%	-21.3%
PANW	New	PALO ALTO NETWORKS INC	$120,362,000	–	251,300	–	1.50%	–
LULU	Sell	LULULEMON ATHLETICA INC	$109,967,000	-9.5%	271,718	-18.4%	1.37%	-2.6%
YY	Buy	JOYY INC	$95,814,000	+23.2%	1,747,632	+48.4%	1.20%	+32.7%
ULTA	Sell	ULTA BEAUTY INC	$94,240,000	-17.9%	261,090	-21.4%	1.18%	-11.6%
VIPS	Buy	VIPSHOP HOLDINGS LTDsponsored ads a	$87,066,000	+5.4%	7,818,251	+90.0%	1.09%	+13.5%
EDU	Buy	NEW ORIENTAL EDUCATIOspon adr	$80,212,000	-1.3%	39,165,819	+294.9%	1.00%	+6.4%
COF	Sell	CAPITAL ONE FINANCIAL CORP	$78,821,000	-69.3%	486,614	-70.6%	0.98%	-66.9%
MNSO	Sell	MINISO GROUP HOLDING LTDsponsored ads	$78,085,000	-27.9%	5,126,893	-1.6%	0.98%	-22.4%
GPS	Buy	GAP INC/THE	$74,718,000	-15.4%	3,291,252	+25.4%	0.93%	-8.9%
GDRX	Sell	GOODRX HOLDINGS INC	$73,060,000	+13.8%	1,781,091	-0.1%	0.91%	+22.6%
V	Sell	VISA INC	$69,156,000	-50.9%	310,458	-48.5%	0.86%	-47.1%
ETSY	Buy	ETSY INC	$62,095,000	+3.1%	298,592	+2.1%	0.78%	+11.0%
MDT	Sell	MEDTRONIC PLC	$61,023,000	-40.8%	486,813	-41.4%	0.76%	-36.2%
CD	Buy	CHINDATA GROUP HOLDINGSads	$52,589,000	-27.0%	6,254,905	+30.9%	0.66%	-21.4%
FIS	Sell	FIDELITY NATIONAL INFO SERV	$51,380,000	-82.6%	422,215	-79.8%	0.64%	-81.3%
BIDU	New	BAIDU INCspon adr rep a	$49,307,000	–	320,772	–	0.62%	–
TWLO	Buy	TWILIO INCcl a	$47,053,000	+195.2%	147,479	+264.7%	0.59%	+217.8%
EH	Buy	EHANG HOLDINGS LTDads	$44,870,000	-33.0%	1,876,792	+20.6%	0.56%	-27.8%
AMED	Buy	AMEDISYS INC	$41,351,000	-19.5%	277,335	+32.2%	0.52%	-13.4%
XLRN	Sell	ACCELERON PHARMA INC	$38,122,000	-33.7%	221,502	-51.7%	0.48%	-28.6%
GBIO	Sell	GENERATION BIO CO	$36,917,000	-6.9%	1,472,624	-0.1%	0.46%	+0.2%
TUYA	Buy	TUYA INCsponsered ads	$36,764,000	-27.7%	4,053,902	+95.1%	0.46%	-22.2%
SE	Sell	SEA LTDsponsored ads	$36,246,000	-52.0%	113,781	-58.5%	0.45%	-48.2%
SPLK	Buy	SPLUNK INC	$34,216,000	+69.5%	236,445	+69.4%	0.43%	+82.5%
NYT	New	NEW YORK TIMES COcl a	$30,574,000	–	620,537	–	0.38%	–
CHGG	Sell	CHEGG INC	$30,568,000	-36.2%	449,393	-22.1%	0.38%	-31.3%
TWTR	Sell	TWITTER INC	$27,109,000	-54.8%	448,897	-48.5%	0.34%	-51.2%
NARI	New	INARI MEDICAL INC	$22,041,000	–	271,780	–	0.28%	–
NOVA	Buy	SUNNOVA ENERGY INTERNATIONAL	$21,043,000	+35.7%	638,818	+55.2%	0.26%	+46.1%
AMRS	Sell	AMYRIS INC	$20,090,000	-16.2%	1,463,231	-0.1%	0.25%	-9.7%
DHR	Buy	DANAHER CORP	$18,053,000	+13.6%	59,300	+0.1%	0.22%	+22.3%
TMO	Buy	THERMO FISHER SCIENTIFIC INC	$17,056,000	+22.3%	29,800	+7.9%	0.21%	+31.5%
CLSD	Sell	CLEARSIDE BIOMEDICAL INC	$14,854,000	-10.8%	2,475,652	-27.6%	0.18%	-4.1%
ADSK	Buy	AUTODESK INC	$14,353,000	+9.9%	50,272	+12.6%	0.18%	+18.5%
	Sell	DERMTECH INC	$12,361,000	-22.5%	383,274	-0.1%	0.15%	-16.8%
DQ	Buy	DAQO NEW ENERGY CORPspnsrd ads new	$12,263,000	+9.8%	216,242	+26.0%	0.15%	+18.6%
WM	Sell	WASTE MANAGEMENT INC	$11,796,000	-17.2%	78,977	-22.3%	0.15%	-10.9%
ANSS	Buy	ANSYS INC	$11,639,000	+11.3%	34,181	+13.6%	0.14%	+19.8%
EL	Buy	ESTEE LAUDER COMPANIEScl a	$10,752,000	+0.7%	35,711	+6.4%	0.13%	+8.1%
VMW	New	VMWARE INC	$10,629,000	–	71,482	–	0.13%	–
TASK	Sell	TASKUS INC	$9,696,000	+41.3%	145,145	-27.4%	0.12%	+51.2%
PSTH	New	PERSHING SQUARE TONTINE	$9,551,000	–	484,797	–	0.12%	–
TAL	Buy	TAL EDUCATION GROUPsponsored ads	$9,419,000	-6.3%	1,946,021	+388.4%	0.12%	+0.9%
ADBE	Buy	ADOBE INC	$8,067,000	+11.5%	13,999	+13.5%	0.10%	+20.2%
ON	Sell	ON SEMICONDUCTOR CORP	$8,089,000	-15.7%	176,736	-29.5%	0.10%	-9.0%
NVDA	Buy	NVIDIA CORP	$8,117,000	-1.2%	39,287	+282.7%	0.10%	+6.3%
INTU	Buy	INTUIT INC	$7,978,000	+22.1%	14,735	+10.6%	0.10%	+31.6%
ZTS	Buy	ZOETIS INCcl a	$7,709,000	+12.4%	39,662	+8.0%	0.10%	+20.0%
OLK	New	OLINK HOLDING ABsponsored ads	$7,722,000	–	318,418	–	0.10%	–
RGNX	Sell	REGENXBIO INC	$7,287,000	+0.6%	173,840	-6.8%	0.09%	+8.3%
TRU	Buy	TRANSUNION	$7,022,000	+14.6%	62,341	+11.6%	0.09%	+23.9%
BKNG	Buy	BOOKING HOLDINGS INC	$6,963,000	+32.8%	2,932	+22.1%	0.09%	+42.6%
TXG	New	10X GENOMICS INC	$6,797,000	–	46,692	–	0.08%	–
DIS	Buy	WALT DISNEY CO/THE	$6,736,000	+8.7%	39,600	+12.0%	0.08%	+16.7%
ST	Buy	SENSATA TECHNOLOGIES HOLDING	$6,693,000	+6.5%	121,858	+12.3%	0.08%	+15.1%
MASI	Buy	MASIMO CORP	$5,894,000	+19.7%	21,781	+7.9%	0.07%	+29.8%
RMD	Buy	RESMED INC	$5,693,000	+14.5%	21,567	+6.9%	0.07%	+22.4%
EA	Buy	ELECTRONIC ARTS INC	$5,535,000	+15.5%	39,258	+17.9%	0.07%	+23.2%
NIU	Sell	NIU TECHNOLOGIESads	$5,334,000	-50.3%	230,251	-29.9%	0.07%	-46.0%
	New	TOAST INCcl a	$4,995,000	–	100,000	–	0.06%	–
MAR	Buy	MARRIOTT INTERNATIONALcl a	$3,783,000	+21.2%	25,544	+11.8%	0.05%	+30.6%
PAYX	Buy	PAYCHEX INC	$3,619,000	+8.1%	32,180	+3.1%	0.04%	+15.4%
CPRT	Buy	COPART INC	$3,436,000	+10.1%	24,772	+4.6%	0.04%	+19.4%
CTAS	Sell	CINTAS CORP	$3,113,000	-0.6%	8,177	-0.3%	0.04%	+8.3%
OZON	Sell	OZON HOLDINGS PLCsponsored ads	$3,016,000	-40.0%	59,903	-30.1%	0.04%	-34.5%
GRMN	Buy	GARMIN LTD	$3,060,000	+14.7%	19,686	+6.7%	0.04%	+22.6%
	New	HELLO GROUP INCads	$2,978,000	–	281,970	–	0.04%	–
VNET	Buy	21VIANET GROUP INCsponsored ads a	$2,792,000	+4.2%	161,294	+38.1%	0.04%	+12.9%
ISRG	Buy	INTUITIVE SURGICAL INC	$2,642,000	+40.0%	2,659	+29.6%	0.03%	+50.0%
VEEV	Buy	VEEVA SYSTEMS INC	$2,383,000	-3.3%	8,269	+4.3%	0.03%	+3.4%
ACN	New	ACCENTURE PLC	$790,000	–	2,468	–	0.01%	–
GOLD	Sell	BARRICK GOLD CORP	$720,000	-67.5%	39,883	-62.8%	0.01%	-65.4%
NDSN	New	NORDSON CORP	$697,000	–	2,928	–	0.01%	–
HLT	New	HILTON WORLDWIDE HOLDINGS IN	$527,000	–	3,991	–	0.01%	–
ALB	Sell	ALBEMARLE CORP	$524,000	-90.3%	2,391	-92.5%	0.01%	-88.9%
BRO	New	BROWN & BROWN INC	$519,000	–	9,365	–	0.01%	–
LII	Buy	LENNOX INTERNATIONAL INC	$462,000	-9.1%	1,572	+8.5%	0.01%	0.0%
ROL	New	ROLLINS INC	$419,000	–	11,846	–	0.01%	–
CLSD	New	CLEARSIDE BIOMEDICAL INCcall	$302,000	–	50,300	–	0.00%	–
SSNC	Sell	SS&C TECHNOLOGIES HOLDINGS	$197,000	-43.2%	2,837	-41.0%	0.00%	-50.0%
HDB	Sell	HDFC BANK LTDsponsored ads	$171,000	-30.8%	2,340	-29.9%	0.00%	-33.3%
XPEV	Exit	XPENG INCads	$0	–	-4,172	–	-0.00%	–
NIO	Exit	NIO INCspon ads	$0	–	-5,151	–	-0.00%	–
SMWB	Exit	SIMILARWEB LTD	$0	–	-12,000	–	-0.00%	–
NOV	Exit	NOV INC	$0	–	-25,000	–	-0.00%	–
PATH	Exit	UIPATH INCcl a	$0	–	-15,000	–	-0.01%	–
NCTY	Exit	THE9 LTDspon ads new	$0	–	-84,358	–	-0.01%	–
CCXI	Exit	CHEMOCENTRYX INCcall	$0	–	-110,700	–	-0.02%	–
CARA	Exit	CARA THERAPEUTICS INC	$0	–	-146,135	–	-0.02%	–
BZ	Exit	KANZHUN LTDsponsored ads	$0	–	-63,497	–	-0.03%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-11,601	–	-0.03%	–
RAAS	Exit	CLOOPEN GROUP HOLDING LTDads	$0	–	-325,034	–	-0.03%	–
BFB	Exit	BROWN-FORMAN CORPcl b	$0	–	-39,402	–	-0.03%	–
TME	Exit	TENCENT MUSIC ENTERTAINMspon ads	$0	–	-204,194	–	-0.04%	–
NTR	Exit	NUTRIEN LTD	$0	–	-65,608	–	-0.05%	–
MNDY	Exit	MONDAY.COM LTD	$0	–	-20,000	–	-0.05%	–
TCOM	Exit	TRIP.COM GROUP LTDads	$0	–	-234,718	–	-0.10%	–
CRM	Exit	SALESFORCE.COM INCcall	$0	–	-40,000	–	-0.11%	–
RGNX	Exit	REGENXBIO INCcall	$0	–	-258,400	–	-0.12%	–
S	Exit	SENTINELONE INCcl a	$0	–	-306,463	–	-0.15%	–
AFRM	Exit	AFFIRM HOLDINGS INC	$0	–	-252,705	–	-0.20%	–
CCL	Exit	CARNIVAL CORPunit 99/99/9999	$0	–	-768,724	–	-0.24%	–
YMM	Exit	FULL TRUCK ALLIANCEsponsored ads	$0	–	-1,058,381	–	-0.25%	–
MSFT	Exit	MICROSOFT CORPcall	$0	–	-101,400	–	-0.32%	–
ZM	Exit	ZOOM VIDEO COMMUNICATIONScl a	$0	–	-80,557	–	-0.36%	–
NVAX	Exit	NOVAVAX INC	$0	–	-457,805	–	-1.13%	–
AMD	Exit	ADVANCED MICRO DEVICES	$0	–	-2,246,932	–	-2.45%	–

Q2 2021

			Value		Shares		↓ Weighting
FB	New	FACEBOOK INCcl a	$653,236,000	–	1,878,568	–	7.57%	–
JD	New	JD.COM INCspon adr cl a	$581,225,000	–	7,282,631	–	6.74%	–
MSFT	New	MICROSOFT CORP	$430,056,000	–	1,587,480	–	4.99%	–
CRM	New	SALESFORCE.COM INC	$425,952,000	–	1,743,761	–	4.94%	–
AMZN	New	AMAZON.COM INC	$403,598,000	–	117,319	–	4.68%	–
GOOGL	New	ALPHABET INCcap stk cl a	$312,748,000	–	128,080	–	3.63%	–
TMUS	New	T-MOBILE US INC	$303,706,000	–	2,096,980	–	3.52%	–
ANTM	New	ANTHEM INC	$303,041,000	–	793,720	–	3.51%	–
FIS	New	FIDELITY NATIONAL INFO SERV	$295,882,000	–	2,088,514	–	3.43%	–
UBER	New	UBER TECHNOLOGIES INC	$276,336,000	–	5,513,405	–	3.20%	–
COF	New	CAPITAL ONE FINANCIAL CORP	$256,370,000	–	1,657,323	–	2.97%	–
NFLX	New	NETFLIX INC	$216,802,000	–	410,412	–	2.51%	–
AMD	New	ADVANCED MICRO DEVICES	$211,046,000	–	2,246,932	–	2.45%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$202,174,000	–	1,703,230	–	2.34%	–
MELI	New	MERCADOLIBRE INC	$186,064,000	–	119,433	–	2.16%	–
GDS	New	GDS HOLDINGS LTDsponsored ads	$184,854,000	–	2,354,847	–	2.14%	–
UNH	New	UNITEDHEALTH GROUP INC	$173,870,000	–	434,200	–	2.02%	–
KC	New	KINGSOFT CLOUD HOLDINGSads	$155,540,000	–	4,583,329	–	1.80%	–
V	New	VISA INC	$140,908,000	–	602,628	–	1.63%	–
MA	New	MASTERCARD INCcl a	$138,893,000	–	380,408	–	1.61%	–
COST	New	COSTCO WHOLESALE CORP	$131,033,000	–	331,164	–	1.52%	–
SYK	New	STRYKER CORP	$130,541,000	–	502,593	–	1.51%	–
NOW	New	SERVICENOW INC	$126,422,000	–	230,041	–	1.47%	–
LULU	New	LULULEMON ATHLETICA INC	$121,477,000	–	332,839	–	1.41%	–
ULTA	New	ULTA BEAUTY INC	$114,827,000	–	332,094	–	1.33%	–
MNSO	New	MINISO GROUP HOLDING LTDsponsored ads	$108,315,000	–	5,211,149	–	1.26%	–
MDT	New	MEDTRONIC PLC	$103,071,000	–	830,343	–	1.20%	–
NVAX	New	NOVAVAX INC	$97,194,000	–	457,805	–	1.13%	–
GPS	New	GAP INC/THE	$88,326,000	–	2,624,951	–	1.02%	–
VIPS	New	VIPSHOP HOLDINGS LTDsponsored ads a	$82,640,000	–	4,115,825	–	0.96%	–
EDU	New	NEW ORIENTAL EDUCATIOspon adr	$81,247,000	–	9,918,426	–	0.94%	–
YY	New	JOYY INC	$77,741,000	–	1,177,400	–	0.90%	–
SE	New	SEA LTDsponsored ads	$75,443,000	–	274,456	–	0.88%	–
CD	New	CHINDATA GROUP HOLDINGSads	$72,086,000	–	4,777,270	–	0.84%	–
EH	New	EHANG HOLDINGS LTDads	$66,924,000	–	1,556,692	–	0.78%	–
GDRX	New	GOODRX HOLDINGS INC	$64,173,000	–	1,782,091	–	0.74%	–
SQ	New	SQUARE INCcl a	$62,204,000	–	255,137	–	0.72%	–
ETSY	New	ETSY INC	$60,218,000	–	292,547	–	0.70%	–
TWTR	New	TWITTER INC	$59,949,000	–	871,232	–	0.70%	–
MTCH	New	MATCH GROUP INC	$59,283,000	–	367,647	–	0.69%	–
YNDX	New	YANDEX NV	$58,987,000	–	833,940	–	0.68%	–
XLRN	New	ACCELERON PHARMA INC	$57,507,000	–	458,266	–	0.67%	–
AMED	New	AMEDISYS INC	$51,387,000	–	209,804	–	0.60%	–
TUYA	New	TUYA INCsponsered ads	$50,873,000	–	2,077,370	–	0.59%	–
RUN	New	SUNRUN INC	$48,925,000	–	877,101	–	0.57%	–
CHGG	New	CHEGG INC	$47,938,000	–	576,801	–	0.56%	–
GBIO	New	GENERATION BIO CO	$39,637,000	–	1,473,524	–	0.46%	–
ZM	New	ZOOM VIDEO COMMUNICATIONScl a	$31,178,000	–	80,557	–	0.36%	–
MSFT	New	MICROSOFT CORPcall	$27,469,000	–	101,400	–	0.32%	–
AMRS	New	AMYRIS INC	$23,981,000	–	1,464,931	–	0.28%	–
DELL	New	DELL TECHNOLOGIEScall	$21,927,000	–	220,000	–	0.25%	–
YMM	New	FULL TRUCK ALLIANCEsponsored ads	$21,344,000	–	1,058,381	–	0.25%	–
CCL	New	CARNIVAL CORPunit 99/99/9999	$20,262,000	–	768,724	–	0.24%	–
SPLK	New	SPLUNK INC	$20,185,000	–	139,609	–	0.23%	–
AFRM	New	AFFIRM HOLDINGS INC	$17,020,000	–	252,705	–	0.20%	–
CLSD	New	CLEARSIDE BIOMEDICAL INC	$16,655,000	–	3,419,877	–	0.19%	–
	New	DERMTECH INC	$15,949,000	–	383,674	–	0.18%	–
TWLO	New	TWILIO INCcl a	$15,939,000	–	40,438	–	0.18%	–
DHR	New	DANAHER CORP	$15,894,000	–	59,228	–	0.18%	–
NOVA	New	SUNNOVA ENERGY INTERNATIONAL	$15,504,000	–	411,689	–	0.18%	–
WM	New	WASTE MANAGEMENT INC	$14,245,000	–	101,670	–	0.16%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$13,949,000	–	27,630	–	0.16%	–
TSM	New	TAIWAN SEMICONDUCTORsponsored ads	$13,451,000	–	111,945	–	0.16%	–
S	New	SENTINELONE INCcl a	$13,025,000	–	306,463	–	0.15%	–
ADSK	New	AUTODESK INC	$13,056,000	–	44,638	–	0.15%	–
DQ	New	DAQO NEW ENERGY CORPspnsrd ads new	$11,167,000	–	171,572	–	0.13%	–
EL	New	ESTEE LAUDER COMPANIEScl a	$10,674,000	–	33,567	–	0.12%	–
NIU	New	NIU TECHNOLOGIESads	$10,734,000	–	328,473	–	0.12%	–
ANSS	New	ANSYS INC	$10,454,000	–	30,093	–	0.12%	–
MTZ	New	MASTEC INC	$10,368,000	–	97,721	–	0.12%	–
TAL	New	TAL EDUCATION GROUPsponsored ads	$10,052,000	–	398,424	–	0.12%	–
RGNX	New	REGENXBIO INCcall	$10,039,000	–	258,400	–	0.12%	–
CRM	New	SALESFORCE.COM INCcall	$9,771,000	–	40,000	–	0.11%	–
ON	New	ON SEMICONDUCTOR CORP	$9,597,000	–	250,712	–	0.11%	–
TCOM	New	TRIP.COM GROUP LTDads	$8,323,000	–	234,718	–	0.10%	–
NVDA	New	NVIDIA CORP	$8,218,000	–	10,267	–	0.10%	–
PYPL	New	PAYPAL HOLDINGS INC	$8,060,000	–	27,617	–	0.09%	–
DAR	New	DARLING INGREDIENTS INC	$7,755,000	–	114,893	–	0.09%	–
ECL	New	ECOLAB INC	$7,526,000	–	36,538	–	0.09%	–
ADBE	New	ADOBE INC	$7,238,000	–	12,329	–	0.08%	–
RGNX	New	REGENXBIO INC	$7,247,000	–	186,539	–	0.08%	–
TASK	New	TASKUS INC	$6,860,000	–	200,000	–	0.08%	–
ZTS	New	ZOETIS INCcl a	$6,860,000	–	36,724	–	0.08%	–
INTU	New	INTUIT INC	$6,536,000	–	13,325	–	0.08%	–
ST	New	SENSATA TECHNOLOGIES HOLDING	$6,282,000	–	108,544	–	0.07%	–
DIS	New	WALT DISNEY CO/THE	$6,195,000	–	35,350	–	0.07%	–
TRU	New	TRANSUNION	$6,127,000	–	55,850	–	0.07%	–
HXL	New	HEXCEL CORP	$5,914,000	–	94,770	–	0.07%	–
ALB	New	ALBEMARLE CORP	$5,404,000	–	32,076	–	0.06%	–
BKNG	New	BOOKING HOLDINGS INC	$5,242,000	–	2,401	–	0.06%	–
GPRK	New	GEOPARK LTD	$5,137,000	–	406,125	–	0.06%	–
OZON	New	OZON HOLDINGS PLCsponsored ads	$5,028,000	–	85,650	–	0.06%	–
RMD	New	RESMED INC	$4,971,000	–	20,167	–	0.06%	–
MASI	New	MASIMO CORP	$4,922,000	–	20,184	–	0.06%	–
AEM	New	AGNICO EAGLE MINES LTD	$4,840,000	–	80,069	–	0.06%	–
EA	New	ELECTRONIC ARTS INC	$4,794,000	–	33,311	–	0.06%	–
MNDY	New	MONDAY.COM LTD	$4,472,000	–	20,000	–	0.05%	–
PTRA	New	PROTERRA INC	$4,233,000	–	247,420	–	0.05%	–
AEVA	New	AEVA TECHNOLOGIES INC	$4,207,000	–	397,989	–	0.05%	–
NTR	New	NUTRIEN LTD	$3,977,000	–	65,608	–	0.05%	–
SEDG	New	SOLAREDGE TECHNOLOGIES INC	$3,614,000	–	13,077	–	0.04%	–
PAYX	New	PAYCHEX INC	$3,348,000	–	31,201	–	0.04%	–
TME	New	TENCENT MUSIC ENTERTAINMspon ads	$3,161,000	–	204,194	–	0.04%	–
CTAS	New	CINTAS CORP	$3,132,000	–	8,199	–	0.04%	–
CPRT	New	COPART INC	$3,121,000	–	23,677	–	0.04%	–
MAR	New	MARRIOTT INTERNATIONALcl a	$3,121,000	–	22,858	–	0.04%	–
BFB	New	BROWN-FORMAN CORPcl b	$2,956,000	–	39,402	–	0.03%	–
RAAS	New	CLOOPEN GROUP HOLDING LTDads	$2,756,000	–	325,034	–	0.03%	–
VNET	New	21VIANET GROUP INCsponsored ads a	$2,680,000	–	116,772	–	0.03%	–
GRMN	New	GARMIN LTD	$2,668,000	–	18,447	–	0.03%	–
STZ	New	CONSTELLATION BRANDS INCcl a	$2,713,000	–	11,601	–	0.03%	–
VEEV	New	VEEVA SYSTEMS INC	$2,465,000	–	7,927	–	0.03%	–
BZ	New	KANZHUN LTDsponsored ads	$2,518,000	–	63,497	–	0.03%	–
GOLD	New	BARRICK GOLD CORP	$2,214,000	–	107,080	–	0.03%	–
CARA	New	CARA THERAPEUTICS INC	$2,085,000	–	146,135	–	0.02%	–
ISRG	New	INTUITIVE SURGICAL INC	$1,887,000	–	2,051	–	0.02%	–
TPIC	New	TPI COMPOSITES INC	$1,898,000	–	39,197	–	0.02%	–
CCXI	New	CHEMOCENTRYX INCcall	$1,482,000	–	110,700	–	0.02%	–
NCTY	New	THE9 LTDspon ads new	$1,203,000	–	84,358	–	0.01%	–
PATH	New	UIPATH INCcl a	$1,019,000	–	15,000	–	0.01%	–
NEM	New	NEWMONT CORP	$693,000	–	10,931	–	0.01%	–
WPM	New	WHEATON PRECIOUS METALS CORP	$613,000	–	13,905	–	0.01%	–
LII	New	LENNOX INTERNATIONAL INC	$508,000	–	1,449	–	0.01%	–
NOV	New	NOV INC	$383,000	–	25,000	–	0.00%	–
SSNC	New	SS&C TECHNOLOGIES HOLDINGS	$347,000	–	4,809	–	0.00%	–
HDB	New	HDFC BANK LTDsponsored ads	$247,000	–	3,340	–	0.00%	–
NIO	New	NIO INCspon ads	$274,000	–	5,151	–	0.00%	–
SMWB	New	SIMILARWEB LTD	$236,000	–	12,000	–	0.00%	–
XPEV	New	XPENG INCads	$185,000	–	4,172	–	0.00%	–
IFS	New	INTERCORP FINANCIAL SERVICES	$0	–	10	–	0.00%	–

Q4 2020

			Value		Shares		↓ Weighting
ROKU	Exit	ROKU INC	$0	–	-200	–	0.00%	–
TWOU	Exit	2U INC	$0	–	-1,000	–	0.00%	–
EDU	Exit	NEW ORIENTAL EDUCATIOspon adr	$0	–	-398	–	-0.00%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-1,250	–	-0.00%	–
MTZ	Exit	MASTEC INC	$0	–	-3,618	–	-0.00%	–
LI	Exit	LI AUTO INCsponsored ads	$0	–	-9,346	–	-0.00%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-3,340	–	-0.00%	–
CHGG	Exit	CHEGG INC	$0	–	-2,500	–	-0.00%	–
NOV	Exit	NATIONAL OILWELL VARCO INC	$0	–	-25,000	–	-0.00%	–
BABA	Exit	ALIBABA GROUP HOLDINGsponsored ads	$0	–	-795	–	-0.00%	–
SSNC	Exit	SS&C TECHNOLOGIES HOLDINGS	$0	–	-5,260	–	-0.00%	–
GRMN	Exit	GARMIN LTD	$0	–	-4,167	–	-0.01%	–
RCL	Exit	ROYAL CARIBBEAN CRUISES LTD	$0	–	-7,013	–	-0.01%	–
MAR	Exit	MARRIOTT INTERNATIONALcl a	$0	–	-5,249	–	-0.01%	–
TAL	Exit	TAL EDUCATION GROUPsponsored ads	$0	–	-7,611	–	-0.01%	–
MLI	Exit	MUELLER INDUSTRIES INC	$0	–	-25,262	–	-0.01%	–
ROST	Exit	ROSS STORES INC	$0	–	-7,150	–	-0.01%	–
ILMN	Exit	ILLUMINA INC	$0	–	-2,143	–	-0.01%	–
PAYX	Exit	PAYCHEX INC	$0	–	-9,951	–	-0.01%	–
CPRT	Exit	COPART INC	$0	–	-7,593	–	-0.01%	–
LII	Exit	LENNOX INTERNATIONAL INC	$0	–	-2,904	–	-0.01%	–
V	Exit	VISA INC	$0	–	-3,808	–	-0.01%	–
KNX	Exit	KNIGHT-SWIFT TRANSPORTATIONcl a	$0	–	-18,984	–	-0.01%	–
CTAS	Exit	CINTAS CORP	$0	–	-2,533	–	-0.01%	–
VEEV	Exit	VEEVA SYSTEMS INC	$0	–	-3,747	–	-0.01%	–
TJX	Exit	TJX COMPANIES INC	$0	–	-19,400	–	-0.01%	–
NCNO	Exit	NCINO INC	$0	–	-15,000	–	-0.01%	–
ETSY	Exit	ETSY INC	$0	–	-10,265	–	-0.02%	–
PEP	Exit	PEPSICO INC	$0	–	-9,234	–	-0.02%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-17,607	–	-0.02%	–
TGS	Exit	TRANSPORTADOR GAS SURsponsored ads b	$0	–	-354,970	–	-0.02%	–
BFAM	Exit	BRIGHT HORIZONS FAMILY SOLUT	$0	–	-9,750	–	-0.02%	–
U	Exit	UNITY SOFTWARE INC	$0	–	-20,000	–	-0.02%	–
EA	Exit	ELECTRONIC ARTS INC	$0	–	-14,077	–	-0.02%	–
NVR	Exit	NVR INC	$0	–	-451	–	-0.02%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-2,773	–	-0.02%	–
ADBE	Exit	ADOBE INC	$0	–	-4,112	–	-0.02%	–
IFS	Exit	INTERCORP FINANCIAL SERVICES	$0	–	-94,888	–	-0.03%	–
MASI	Exit	MASIMO CORP	$0	–	-9,194	–	-0.03%	–
DIS	Exit	WALT DISNEY CO/THE	$0	–	-17,602	–	-0.03%	–
RMD	Exit	RESMED INC	$0	–	-13,223	–	-0.03%	–
TRU	Exit	TRANSUNION	$0	–	-28,391	–	-0.03%	–
W	Exit	WAYFAIR INCcl a	$0	–	-8,246	–	-0.03%	–
GPRK	Exit	GEOPARK LTD	$0	–	-323,894	–	-0.03%	–
NTR	Exit	NUTRIEN LTD	$0	–	-65,651	–	-0.03%	–
SABR	Exit	SABRE CORP	$0	–	-386,872	–	-0.03%	–
FTCH	Exit	FARFETCH LTDord sh cl a	$0	–	-100,618	–	-0.03%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-16,049	–	-0.03%	–
DDOG	Exit	DATADOG INC	$0	–	-27,266	–	-0.03%	–
BFB	Exit	BROWN-FORMAN CORPcl b	$0	–	-36,648	–	-0.03%	–
INTU	Exit	INTUIT INC	$0	–	-8,643	–	-0.03%	–
UBER	Exit	UBER TECHNOLOGIES INC	$0	–	-81,620	–	-0.04%	–
ARCO	Exit	ARCOS DORADOS HOLDINGS INC	$0	–	-765,939	–	-0.04%	–
CCXI	Exit	CHEMOCENTRYX INC	$0	–	-58,396	–	-0.04%	–
CLSD	Exit	CLEARSIDE BIOMEDICAL INC	$0	–	-2,440,961	–	-0.04%	–
EL	Exit	ESTEE LAUDER COMPANIEScl a	$0	–	-17,817	–	-0.05%	–
HXL	Exit	HEXCEL CORP	$0	–	-115,438	–	-0.05%	–
RGNX	Exit	REGENXBIO INC	$0	–	-146,028	–	-0.05%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-61,178	–	-0.06%	–
SEDG	Exit	SOLAREDGE TECHNOLOGIES INC	$0	–	-23,224	–	-0.06%	–
NVDA	Exit	NVIDIA CORP	$0	–	-10,731	–	-0.07%	–
ECL	Exit	ECOLAB INC	$0	–	-34,089	–	-0.08%	–
RUN	Exit	SUNRUN INC	$0	–	-91,431	–	-0.08%	–
YY	Exit	JOYY INC	$0	–	-96,411	–	-0.09%	–
DAR	Exit	DARLING INGREDIENTS INC	$0	–	-225,339	–	-0.10%	–
ADSK	Exit	AUTODESK INC	$0	–	-35,133	–	-0.10%	–
ON	Exit	ON SEMICONDUCTOR CORP	$0	–	-387,383	–	-0.10%	–
SHOP	Exit	SHOPIFY INCcl a	$0	–	-9,123	–	-0.11%	–
WM	Exit	WASTE MANAGEMENT INC	$0	–	-84,510	–	-0.11%	–
TPIC	Exit	TPI COMPOSITES INC	$0	–	-358,961	–	-0.12%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-24,862	–	-0.13%	–
ANSS	Exit	ANSYS INC	$0	–	-34,663	–	-0.13%	–
DHR	Exit	DANAHER CORP	$0	–	-52,907	–	-0.14%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-175,438	–	-0.16%	–
MOMO	Exit	MOMO INCadr	$0	–	-1,312,380	–	-0.21%	–
TWTR	Exit	TWITTER INC	$0	–	-484,459	–	-0.26%	–
CD	Exit	CHINDATA GROUP HOLDINGSads	$0	–	-1,333,065	–	-0.26%	–
VNET	Exit	21VIANET GROUP INCsponsored ads a	$0	–	-1,027,565	–	-0.28%	–
CARA	Exit	CARA THERAPEUTICS INC	$0	–	-1,905,680	–	-0.29%	–
VIPS	Exit	VIPSHOP HOLDINGS LTDsponsored ads a	$0	–	-1,556,231	–	-0.29%	–
TXG	Exit	10X GENOMICS INC	$0	–	-217,278	–	-0.32%	–
GOCO	Exit	GOHEALTH INC	$0	–	-2,140,076	–	-0.33%	–
BEKE	Exit	KE HOLDINGS INCsponsored ads	$0	–	-500,728	–	-0.36%	–
SNOW	Exit	SNOWFLAKE INCcl a	$0	–	-139,173	–	-0.41%	–
AMED	Exit	AMEDISYS INC	$0	–	-167,308	–	-0.47%	–
TSM	Exit	TAIWAN SEMICONDUCTORsponsored ads	$0	–	-651,427	–	-0.62%	–
YNDX	Exit	YANDEX NV	$0	–	-856,097	–	-0.66%	–
FICO	Exit	FAIR ISAAC CORP	$0	–	-173,163	–	-0.87%	–
XPEV	Exit	XPENG INCads	$0	–	-3,957,623	–	-0.94%	–
TW	Exit	TRADEWEB MARKETS INCcl a	$0	–	-1,453,127	–	-1.00%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-3,065,619	–	-1.02%	–
BXMT	Exit	BLACKSTONE MORTGAGE TRU	$0	–	-3,959,349	–	-1.03%	–
PLNT	Exit	PLANET FITNESS INCcl a	$0	–	-1,445,445	–	-1.05%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-82,630	–	-1.06%	–
COST	Exit	COSTCO WHOLESALE CORP	$0	–	-276,039	–	-1.16%	–
ALC	Exit	ALCON INC	$0	–	-1,738,873	–	-1.17%	–
SE	Exit	SEA LTDsponsored ads	$0	–	-653,918	–	-1.19%	–
PG	Exit	PROCTER & GAMBLE CO/THE	$0	–	-744,143	–	-1.22%	–
SYK	Exit	STRYKER CORP	$0	–	-537,875	–	-1.32%	–
FISV	Exit	FISERV INC	$0	–	-1,100,995	–	-1.34%	–
NXPI	Exit	NXP SEMICONDUCTORS NV	$0	–	-917,648	–	-1.35%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-555,264	–	-1.38%	–
MTCH	Exit	MATCH GROUP INC	$0	–	-1,062,616	–	-1.39%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-347,769	–	-1.39%	–
DG	Exit	DOLLAR GENERAL CORP	$0	–	-561,462	–	-1.39%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-1,169,863	–	-1.44%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-3,196,075	–	-1.44%	–
BAX	Exit	BAXTER INTERNATIONAL INC	$0	–	-1,649,620	–	-1.57%	–
LULU	Exit	LULULEMON ATHLETICA INC	$0	–	-428,843	–	-1.67%	–
NFLX	Exit	NETFLIX INC	$0	–	-295,826	–	-1.75%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-1,404,801	–	-1.90%	–
CNC	Exit	CENTENE CORP	$0	–	-2,805,872	–	-1.94%	–
GDS	Exit	GDS HOLDINGS LTDsponsored ads	$0	–	-2,021,661	–	-1.96%	–
KC	Exit	KINGSOFT CLOUD HOLDINGSads	$0	–	-5,613,224	–	-1.96%	–
WPM	Exit	WHEATON PRECIOUS METALS CORP	$0	–	-3,538,044	–	-2.05%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-883,251	–	-2.06%	–
GDDY	Exit	GODADDY INCcl a	$0	–	-2,291,713	–	-2.06%	–
MRK	Exit	MERCK & CO. INC.	$0	–	-2,176,445	–	-2.14%	–
ESTC	Exit	ELASTIC NV	$0	–	-1,704,597	–	-2.18%	–
BKNG	Exit	BOOKING HOLDINGS INC	$0	–	-111,088	–	-2.25%	–
NIO	Exit	NIO INCspon ads	$0	–	-9,251,378	–	-2.32%	–
ANTM	Exit	ANTHEM INC	$0	–	-812,196	–	-2.58%	–
NEM	Exit	NEWMONT CORP	$0	–	-3,561,593	–	-2.67%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-2,276,881	–	-2.69%	–
FIS	Exit	FIDELITY NATIONAL INFO SERV	$0	–	-1,998,955	–	-3.48%	–
CRM	Exit	SALESFORCE.COM INC	$0	–	-1,186,840	–	-3.53%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-1,582,899	–	-3.55%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-227,335	–	-3.94%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-115,349	–	-4.30%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-1,570,721	–	-4.86%	–
JD	Exit	JD.COM INCspon adr cl a	$0	–	-9,784,466	–	-8.98%	–

Q3 2020

			Value		Shares		↓ Weighting
JD	Sell	JD.COM INCspon adr cl a	$759,259,000	+25.8%	9,784,466	-2.5%	8.98%	+7.6%
FB	Buy	FACEBOOK INCcl a	$411,371,000	+16.2%	1,570,721	+0.8%	4.86%	-0.5%
AMZN	Sell	AMAZON.COM INC	$363,202,000	-19.2%	115,349	-29.2%	4.30%	-30.8%
GOOGL	Sell	ALPHABET INCcap stk cl a	$333,183,000	+2.8%	227,335	-0.6%	3.94%	-12.1%
STZ	Sell	CONSTELLATION BRANDS INCcl a	$299,971,000	-6.7%	1,582,899	-13.9%	3.55%	-20.2%
CRM	Sell	SALESFORCE.COM INC	$298,272,000	+28.0%	1,186,840	-4.6%	3.53%	+9.5%
FIS	Sell	FIDELITY NATIONAL INFO SERV	$294,273,000	+9.6%	1,998,955	-0.2%	3.48%	-6.2%
ICE	Sell	INTERCONTINENTAL EXCHANGE IN	$227,796,000	+9.2%	2,276,881	-0.0%	2.69%	-6.5%
NEM	Sell	NEWMONT CORP	$225,975,000	+2.0%	3,561,593	-0.8%	2.67%	-12.7%
ANTM	Sell	ANTHEM INC	$218,130,000	+1.8%	812,196	-0.3%	2.58%	-12.8%
NIO	Buy	NIO INCspon ads	$196,292,000	+675.9%	9,251,378	+182.0%	2.32%	+563.1%
BKNG	Buy	BOOKING HOLDINGS INC	$190,025,000	+12.0%	111,088	+4.3%	2.25%	-4.1%
ESTC	Sell	ELASTIC NV	$183,910,000	-4.5%	1,704,597	-18.4%	2.18%	-18.3%
MRK	Sell	MERCK & CO. INC.	$180,533,000	+7.1%	2,176,445	-0.2%	2.14%	-8.3%
GDDY	Buy	GODADDY INCcl a	$174,102,000	+7.6%	2,291,713	+3.9%	2.06%	-7.9%
PYPL	Sell	PAYPAL HOLDINGS INC	$174,021,000	+7.5%	883,251	-4.9%	2.06%	-8.0%
WPM	Sell	WHEATON PRECIOUS METALS CORP	$173,611,000	+10.4%	3,538,044	-0.9%	2.05%	-5.5%
KC	Buy	KINGSOFT CLOUD HOLDINGSads	$165,746,000	+53.6%	5,613,224	+63.9%	1.96%	+31.5%
GDS	Buy	GDS HOLDINGS LTDsponsored ads	$165,421,000	+44.7%	2,021,661	+40.9%	1.96%	+23.9%
CNC	Sell	CENTENE CORP	$163,658,000	-8.4%	2,805,872	-0.1%	1.94%	-21.6%
TMUS	Sell	T-MOBILE US INC	$160,651,000	+9.7%	1,404,801	-0.1%	1.90%	-6.1%
NFLX	Sell	NETFLIX INC	$147,916,000	+2.6%	295,826	-6.7%	1.75%	-12.2%
LULU	New	LULULEMON ATHLETICA INC	$141,245,000	–	428,843	–	1.67%	–
BAX	Buy	BAXTER INTERNATIONAL INC	$132,660,000	+1.5%	1,649,620	+8.6%	1.57%	-13.1%
BSX	Sell	BOSTON SCIENTIFIC CORP	$122,120,000	+8.7%	3,196,075	-0.1%	1.44%	-7.0%
MDT	Sell	MEDTRONIC PLC	$121,571,000	+13.1%	1,169,863	-0.2%	1.44%	-3.2%
DG	Sell	DOLLAR GENERAL CORP	$117,694,000	+9.9%	561,462	-0.1%	1.39%	-5.9%
MA	Sell	MASTERCARD INCcl a	$117,602,000	+13.2%	347,769	-1.0%	1.39%	-3.1%
MTCH	New	MATCH GROUP INC	$117,577,000	–	1,062,616	–	1.39%	–
MSFT	Buy	MICROSOFT CORP	$116,784,000	+1974.7%	555,264	+1907.5%	1.38%	+1670.5%
NXPI	Buy	NXP SEMICONDUCTORS NV	$114,530,000	+13.7%	917,648	+3.9%	1.35%	-2.7%
FISV	New	FISERV INC	$113,458,000	–	1,100,995	–	1.34%	–
SYK	Buy	STRYKER CORP	$112,067,000	+46.9%	537,875	+27.0%	1.32%	+25.7%
PG	Sell	PROCTER & GAMBLE CO/THE	$103,426,000	-4.7%	744,143	-18.0%	1.22%	-18.5%
SE	Sell	SEA LTDsponsored ads	$100,741,000	+23.6%	653,918	-13.9%	1.19%	+5.8%
ALC	Sell	ALCON INC	$99,029,000	-0.8%	1,738,873	-0.1%	1.17%	-15.1%
COST	Buy	COSTCO WHOLESALE CORP	$97,993,000	+85.8%	276,039	+58.7%	1.16%	+59.0%
MELI	Sell	MERCADOLIBRE INC	$89,445,000	+2.0%	82,630	-7.1%	1.06%	-12.7%
PLNT	Buy	PLANET FITNESS INCcl a	$89,063,000	+84.3%	1,445,445	+81.1%	1.05%	+57.6%
BXMT	Sell	BLACKSTONE MORTGAGE TRU	$86,988,000	-8.9%	3,959,349	-0.2%	1.03%	-22.0%
GOLD	Sell	BARRICK GOLD CORP	$86,176,000	+0.7%	3,065,619	-3.5%	1.02%	-13.8%
TW	Buy	TRADEWEB MARKETS INCcl a	$84,281,000	+10.4%	1,453,127	+10.7%	1.00%	-5.4%
XPEV	New	XPENG INCads	$79,424,000	–	3,957,623	–	0.94%	–
FICO	New	FAIR ISAAC CORP	$73,661,000	–	173,163	–	0.87%	–
YNDX	Buy	YANDEX NV	$55,847,000	+31.7%	856,097	+0.9%	0.66%	+12.6%
TSM	Buy	TAIWAN SEMICONDUCTORsponsored ads	$52,805,000	+56.5%	651,427	+9.6%	0.62%	+33.9%
AMED	Sell	AMEDISYS INC	$39,557,000	+18.4%	167,308	-0.6%	0.47%	+1.3%
SNOW	New	SNOWFLAKE INCcl a	$34,932,000	–	139,173	–	0.41%	–
BEKE	New	KE HOLDINGS INCsponsored ads	$30,746,000	–	500,728	–	0.36%	–
GOCO	New	GOHEALTH INC	$27,874,000	–	2,140,076	–	0.33%	–
TXG	New	10X GENOMICS INC	$27,090,000	–	217,278	–	0.32%	–
VIPS	Buy	VIPSHOP HOLDINGS LTDsponsored ads a	$24,333,000	-9.7%	1,556,231	+15.0%	0.29%	-22.6%
CARA	Sell	CARA THERAPEUTICS INC	$24,250,000	-31.3%	1,905,680	-7.7%	0.29%	-41.2%
VNET	Buy	21VIANET GROUP INCsponsored ads a	$23,772,000	+40.4%	1,027,565	+45.4%	0.28%	+20.1%
CD	New	CHINDATA GROUP HOLDINGSads	$21,636,000	–	1,333,065	–	0.26%	–
TWTR	Sell	TWITTER INC	$21,558,000	-39.8%	484,459	-59.7%	0.26%	-48.5%
MOMO	Buy	MOMO INCadr	$18,052,000	+18.0%	1,312,380	+49.9%	0.21%	+0.9%
AEM	Sell	AGNICO EAGLE MINES LTD	$13,967,000	-12.6%	175,438	-29.7%	0.16%	-25.3%
DHR	Sell	DANAHER CORP	$11,392,000	+19.6%	52,907	-1.8%	0.14%	+2.3%
ANSS	Buy	ANSYS INC	$11,336,000	+20.9%	34,663	+7.7%	0.13%	+3.1%
TMO	Sell	THERMO FISHER SCIENTIFIC INC	$10,972,000	+18.9%	24,862	-2.5%	0.13%	+2.4%
TPIC	Buy	TPI COMPOSITES INC	$10,396,000	+57.6%	358,961	+27.2%	0.12%	+35.2%
SHOP	New	SHOPIFY INCcl a	$9,333,000	–	9,123	–	0.11%	–
ADSK	Sell	AUTODESK INC	$8,118,000	-3.8%	35,133	-0.4%	0.10%	-17.9%
DAR	Sell	DARLING INGREDIENTS INC	$8,119,000	+17.2%	225,339	-19.9%	0.10%	0.0%
YY	Sell	JOYY INC	$7,737,000	-39.7%	96,411	-33.4%	0.09%	-48.6%
RUN	New	SUNRUN INC	$7,047,000	–	91,431	–	0.08%	–
NVDA	Buy	NVIDIA CORP	$5,797,000	+204.3%	10,731	+113.0%	0.07%	+165.4%
ALB	Sell	ALBEMARLE CORP	$5,462,000	-13.5%	61,178	-25.2%	0.06%	-25.3%
SEDG	New	SOLAREDGE TECHNOLOGIES INC	$5,535,000	–	23,224	–	0.06%	–
RGNX	Sell	REGENXBIO INC	$4,019,000	-37.0%	146,028	-15.7%	0.05%	-45.5%
EL	Sell	ESTEE LAUDER COMPANIEScl a	$3,882,000	+11.7%	17,817	-3.5%	0.05%	-4.2%
CLSD	Buy	CLEARSIDE BIOMEDICAL INC	$3,759,000	+3.2%	2,440,961	+26.0%	0.04%	-12.0%
ARCO	Buy	ARCOS DORADOS HOLDINGS INC	$3,142,000	-0.9%	765,939	+1.3%	0.04%	-15.9%
INTU	Buy	INTUIT INC	$2,816,000	+14.8%	8,643	+3.9%	0.03%	-2.9%
DDOG	New	DATADOG INC	$2,785,000	–	27,266	–	0.03%	–
BFB	Sell	BROWN-FORMAN CORPcl b	$2,760,000	+12.9%	36,648	-4.6%	0.03%	-2.9%
ZTS	Buy	ZOETIS INCcl a	$2,647,000	+21.4%	16,049	+0.3%	0.03%	+3.3%
SABR	New	SABRE CORP	$2,519,000	–	386,872	–	0.03%	–
FTCH	Sell	FARFETCH LTDord sh cl a	$2,532,000	-3.7%	100,618	-33.9%	0.03%	-16.7%
W	New	WAYFAIR INCcl a	$2,400,000	–	8,246	–	0.03%	–
TRU	Buy	TRANSUNION	$2,391,000	+13.0%	28,391	+16.3%	0.03%	-3.4%
RMD	Buy	RESMED INC	$2,269,000	-9.5%	13,223	+0.9%	0.03%	-22.9%
DIS	Sell	WALT DISNEY CO/THE	$2,187,000	+8.1%	17,602	-3.0%	0.03%	-7.1%
MASI	Buy	MASIMO CORP	$2,165,000	+8.6%	9,194	+4.6%	0.03%	-7.1%
ADBE	Buy	ADOBE INC	$2,016,000	+15.5%	4,112	+2.2%	0.02%	0.0%
ISRG	Sell	INTUITIVE SURGICAL INC	$1,961,000	+5.9%	2,773	-15.1%	0.02%	-11.5%
NVR	Buy	NVR INC	$1,841,000	+81.7%	451	+45.0%	0.02%	+57.1%
EA	Buy	ELECTRONIC ARTS INC	$1,835,000	+2.2%	14,077	+3.3%	0.02%	-12.0%
U	New	UNITY SOFTWARE INC	$1,746,000	–	20,000	–	0.02%	–
BFAM	Buy	BRIGHT HORIZONS FAMILY SOLUT	$1,482,000	+448.9%	9,750	+323.9%	0.02%	+350.0%
TGS	Buy	TRANSPORTADOR GAS SURsponsored ads b	$1,473,000	-24.0%	354,970	+3.3%	0.02%	-37.0%
EW	Sell	EDWARDS LIFESCIENCES CORP	$1,401,000	-39.2%	17,607	-47.3%	0.02%	-46.9%
ETSY	New	ETSY INC	$1,249,000	–	10,265	–	0.02%	–
PEP	Sell	PEPSICO INC	$1,278,000	-37.7%	9,234	-40.5%	0.02%	-46.4%
NCNO	New	NCINO INC	$1,195,000	–	15,000	–	0.01%	–
TJX	Buy	TJX COMPANIES INC	$1,080,000	+115.6%	19,400	+96.0%	0.01%	+85.7%
VEEV	Sell	VEEVA SYSTEMS INC	$1,054,000	-2.0%	3,747	-18.3%	0.01%	-20.0%
CTAS	Buy	CINTAS CORP	$843,000	+33.4%	2,533	+6.7%	0.01%	+11.1%
V	Sell	VISA INC	$761,000	-96.4%	3,808	-96.5%	0.01%	-96.9%
PAYX	Buy	PAYCHEX INC	$794,000	+59.4%	9,951	+51.5%	0.01%	+28.6%
LII	Buy	LENNOX INTERNATIONAL INC	$792,000	+46.1%	2,904	+24.7%	0.01%	+28.6%
CPRT	Buy	COPART INC	$798,000	+50.9%	7,593	+19.5%	0.01%	+28.6%
KNX	Buy	KNIGHT-SWIFT TRANSPORTATIONcl a	$773,000	+34.4%	18,984	+37.8%	0.01%	+12.5%
ROST	Buy	ROSS STORES INC	$667,000	+73.7%	7,150	+58.9%	0.01%	+60.0%
MLI	Sell	MUELLER INDUSTRIES INC	$684,000	-8.2%	25,262	-9.9%	0.01%	-20.0%
ILMN	Sell	ILLUMINA INC	$661,000	-66.1%	2,143	-59.5%	0.01%	-70.4%
TAL	Buy	TAL EDUCATION GROUPsponsored ads	$579,000	+1709.4%	7,611	+1502.3%	0.01%	–
MAR	Buy	MARRIOTT INTERNATIONALcl a	$486,000	+298.4%	5,249	+269.4%	0.01%	+200.0%
RCL	Buy	ROYAL CARIBBEAN CRUISES LTD	$454,000	+76.7%	7,013	+37.5%	0.01%	+25.0%
GRMN	Buy	GARMIN LTD	$395,000	+68.8%	4,167	+73.9%	0.01%	+66.7%
SSNC	Buy	SS&C TECHNOLOGIES HOLDINGS	$318,000	+26.7%	5,260	+18.5%	0.00%	+33.3%
BABA	New	ALIBABA GROUP HOLDINGsponsored ads	$234,000	–	795	–	0.00%	–
NOV	New	NATIONAL OILWELL VARCO INC	$227,000	–	25,000	–	0.00%	–
MTZ	Sell	MASTEC INC	$153,000	-91.8%	3,618	-91.3%	0.00%	-92.3%
CHGG	New	CHEGG INC	$179,000	–	2,500	–	0.00%	–
LI	New	LI AUTO INCsponsored ads	$163,000	–	9,346	–	0.00%	–
EDU	Sell	NEW ORIENTAL EDUCATIOspon adr	$60,000	-83.1%	398	-85.4%	0.00%	-80.0%
AXP	New	AMERICAN EXPRESS CO	$125,000	–	1,250	–	0.00%	–
TWOU	New	2U INC	$34,000	–	1,000	–	0.00%	–
ROKU	New	ROKU INC	$38,000	–	200	–	0.00%	–
BAC	Exit	BANK OF AMERICA CORP	$0	–	-6,400	–	-0.00%	–
LEGN	Exit	LEGEND BIOTECH CORPsponsored ads	$0	–	-5,000	–	-0.00%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-4,300	–	-0.00%	–
MCD	Exit	MCDONALD'S CORP	$0	–	-3,020	–	-0.01%	–
CRESY	Exit	CRESUD S.A.sponsored adr	$0	–	-242,910	–	-0.01%	–
WEX	Exit	WEX INC	$0	–	-4,700	–	-0.01%	–
HUYA	Exit	HUYA INC	$0	–	-53,232	–	-0.01%	–
IR	Exit	INGERSOLL-RAND INC	$0	–	-40,175	–	-0.02%	–
ZM	Exit	ZOOM VIDEO COMMUNICATIONScl a	$0	–	-13,948	–	-0.05%	–
TCOM	Exit	TRIP.COM GROUP LTDads	$0	–	-185,940	–	-0.07%	–
ZI	Exit	ZOOMINFO TECHNOLOGIES INC	$0	–	-125,000	–	-0.09%	–
GOOGL	Exit	ALPHABET INCcall	$0	–	-7,000	–	-0.14%	–
FB	Exit	FACEBOOK INCcall	$0	–	-45,500	–	-0.14%	–
BKNG	Exit	BOOKING HOLDINGS INCcall	$0	–	-6,600	–	-0.14%	–
URBN	Exit	URBAN OUTFITTERS INC	$0	–	-1,161,174	–	-0.24%	–
LW	Exit	LAMB WESTON HOLDINGS INC	$0	–	-419,146	–	-0.37%	–
CRBP	Exit	CORBUS PHARMACEUTICALS HOLDI	$0	–	-3,773,440	–	-0.44%	–
BDX	Exit	BECTON DICKINSON AND CO	$0	–	-252,795	–	-0.84%	–
WUBA	Exit	58.COM INCspon adr rep a	$0	–	-1,342,619	–	-1.00%	–
KHC	Exit	KRAFT HEINZ CO/THE	$0	–	-3,834,281	–	-1.69%	–

Q2 2020

			Value		Shares		↓ Weighting
JD	New	JD.COM INCspon adr cl a	$603,783,000	–	10,033,396	–	8.34%	–
AMZN	New	AMAZON.COM INC	$449,251,000	–	162,848	–	6.21%	–
FB	New	FACEBOOK INCcl a	$353,870,000	–	1,558,513	–	4.89%	–
GOOGL	New	ALPHABET INCcap stk cl a	$324,248,000	–	228,667	–	4.48%	–
STZ	New	CONSTELLATION BRANDS INCcl a	$321,627,000	–	1,838,402	–	4.44%	–
FIS	New	FIDELITY NATIONAL INFO SERV	$268,497,000	–	2,002,462	–	3.71%	–
CRM	New	SALESFORCE.COM INC	$233,104,000	–	1,244,375	–	3.22%	–
NEM	New	NEWMONT CORP	$221,557,000	–	3,588,966	–	3.06%	–
ANTM	New	ANTHEM INC	$214,189,000	–	814,499	–	2.96%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$208,632,000	–	2,277,726	–	2.88%	–
ESTC	New	ELASTIC NV	$192,619,000	–	2,088,924	–	2.66%	–
CNC	New	CENTENE CORP	$178,577,000	–	2,810,072	–	2.47%	–
BKNG	New	BOOKING HOLDINGS INC	$169,627,000	–	106,527	–	2.34%	–
MRK	New	MERCK & CO. INC.	$168,572,000	–	2,179,945	–	2.33%	–
PYPL	New	PAYPAL HOLDINGS INC	$161,876,000	–	929,172	–	2.24%	–
GDDY	New	GODADDY INCcl a	$161,764,000	–	2,205,993	–	2.24%	–
WPM	New	WHEATON PRECIOUS METALS CORP	$157,290,000	–	3,571,228	–	2.17%	–
TMUS	New	T-MOBILE US INC	$146,479,000	–	1,406,401	–	2.02%	–
NFLX	New	NETFLIX INC	$144,199,000	–	316,907	–	1.99%	–
BAX	New	BAXTER INTERNATIONAL INC	$130,725,000	–	1,518,327	–	1.81%	–
KHC	New	KRAFT HEINZ CO/THE	$122,274,000	–	3,834,281	–	1.69%	–
GDS	New	GDS HOLDINGS LTDsponsored ads	$114,308,000	–	1,434,913	–	1.58%	–
BSX	New	BOSTON SCIENTIFIC CORP	$112,371,000	–	3,200,575	–	1.55%	–
PG	New	PROCTER & GAMBLE CO/THE	$108,542,000	–	907,790	–	1.50%	–
KC	New	KINGSOFT CLOUD HOLDINGSads	$107,885,000	–	3,425,126	–	1.49%	–
MDT	New	MEDTRONIC PLC	$107,522,000	–	1,172,563	–	1.49%	–
DG	New	DOLLAR GENERAL CORP	$107,097,000	–	562,162	–	1.48%	–
MA	New	MASTERCARD INCcl a	$103,865,000	–	351,265	–	1.44%	–
NXPI	New	NXP SEMICONDUCTORS NV	$100,714,000	–	883,169	–	1.39%	–
ALC	New	ALCON INC	$99,804,000	–	1,741,173	–	1.38%	–
BXMT	New	BLACKSTONE MORTGAGE TRU	$95,525,000	–	3,965,349	–	1.32%	–
MELI	New	MERCADOLIBRE INC	$87,712,000	–	88,982	–	1.21%	–
GOLD	New	BARRICK GOLD CORP	$85,581,000	–	3,177,062	–	1.18%	–
SE	New	SEA LTDsponsored ads	$81,480,000	–	759,650	–	1.13%	–
TW	New	TRADEWEB MARKETS INCcl a	$76,322,000	–	1,312,702	–	1.05%	–
SYK	New	STRYKER CORP	$76,308,000	–	423,524	–	1.05%	–
WUBA	New	58.COM INCspon adr rep a	$72,414,000	–	1,342,619	–	1.00%	–
BDX	New	BECTON DICKINSON AND CO	$60,483,000	–	252,795	–	0.84%	–
COST	New	COSTCO WHOLESALE CORP	$52,751,000	–	173,977	–	0.73%	–
PLNT	New	PLANET FITNESS INCcl a	$48,333,000	–	797,986	–	0.67%	–
YNDX	New	YANDEX NV	$42,416,000	–	848,297	–	0.59%	–
TWTR	New	TWITTER INC	$35,809,000	–	1,202,043	–	0.50%	–
CARA	New	CARA THERAPEUTICS INC	$35,314,000	–	2,065,153	–	0.49%	–
TSM	New	TAIWAN SEMICONDUCTORsponsored ads	$33,738,000	–	594,384	–	0.47%	–
AMED	New	AMEDISYS INC	$33,416,000	–	168,308	–	0.46%	–
CRBP	New	CORBUS PHARMACEUTICALS HOLDI	$31,659,000	–	3,773,440	–	0.44%	–
VIPS	New	VIPSHOP HOLDINGS LTDsponsored ads a	$26,947,000	–	1,353,533	–	0.37%	–
LW	New	LAMB WESTON HOLDINGS INC	$26,795,000	–	419,146	–	0.37%	–
NIO	New	NIO INCspon ads	$25,300,000	–	3,280,520	–	0.35%	–
V	New	VISA INC	$20,871,000	–	108,052	–	0.29%	–
URBN	New	URBAN OUTFITTERS INC	$17,673,000	–	1,161,174	–	0.24%	–
VNET	New	21VIANET GROUP INCsponsored ads a	$16,936,000	–	706,787	–	0.23%	–
AEM	New	AGNICO EAGLE MINES LTD	$15,978,000	–	249,416	–	0.22%	–
MOMO	New	MOMO INCadr	$15,303,000	–	875,413	–	0.21%	–
YY	New	JOYY INCads repstg cla	$12,825,000	–	144,773	–	0.18%	–
BKNG	New	BOOKING HOLDINGS INCcall	$10,509,000	–	6,600	–	0.14%	–
FB	New	FACEBOOK INCcall	$10,332,000	–	45,500	–	0.14%	–
GOOGL	New	ALPHABET INCcall	$9,926,000	–	7,000	–	0.14%	–
DHR	New	DANAHER CORP	$9,526,000	–	53,871	–	0.13%	–
ANSS	New	ANSYS INC	$9,380,000	–	32,183	–	0.13%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$9,225,000	–	25,489	–	0.13%	–
WM	New	WASTE MANAGEMENT INC	$8,950,000	–	84,510	–	0.12%	–
ADSK	New	AUTODESK INC	$8,435,000	–	35,288	–	0.12%	–
ON	New	ON SEMICONDUCTOR CORP	$7,678,000	–	387,383	–	0.11%	–
DAR	New	DARLING INGREDIENTS INC	$6,928,000	–	281,378	–	0.10%	–
ECL	New	ECOLAB INC	$6,782,000	–	34,089	–	0.09%	–
TPIC	New	TPI COMPOSITES INC	$6,595,000	–	282,210	–	0.09%	–
RGNX	New	REGENXBIO INC	$6,379,000	–	173,192	–	0.09%	–
ZI	New	ZOOMINFO TECHNOLOGIES INC	$6,379,000	–	125,000	–	0.09%	–
ALB	New	ALBEMARLE CORP	$6,315,000	–	81,795	–	0.09%	–
MSFT	New	MICROSOFT CORP	$5,629,000	–	27,659	–	0.08%	–
HXL	New	HEXCEL CORP	$5,220,000	–	115,438	–	0.07%	–
TCOM	New	TRIP.COM GROUP LTDads	$4,820,000	–	185,940	–	0.07%	–
CLSD	New	CLEARSIDE BIOMEDICAL INC	$3,643,000	–	1,937,608	–	0.05%	–
ZM	New	ZOOM VIDEO COMMUNICATIONScl a	$3,536,000	–	13,948	–	0.05%	–
EL	New	ESTEE LAUDER COMPANIEScl a	$3,476,000	–	18,454	–	0.05%	–
CCXI	New	CHEMOCENTRYX INC	$3,360,000	–	58,396	–	0.05%	–
GPRK	New	GEOPARK LTD	$3,171,000	–	323,894	–	0.04%	–
ARCO	New	ARCOS DORADOS HOLDINGS INC	$3,171,000	–	755,862	–	0.04%	–
FTCH	New	FARFETCH LTDord sh cl a	$2,629,000	–	152,253	–	0.04%	–
RMD	New	RESMED INC	$2,508,000	–	13,101	–	0.04%	–
IFS	New	INTERCORP FINANCIAL SERVICES	$2,514,000	–	94,888	–	0.04%	–
UBER	New	UBER TECHNOLOGIES INC	$2,537,000	–	81,620	–	0.04%	–
INTU	New	INTUIT INC	$2,454,000	–	8,321	–	0.03%	–
BFB	New	BROWN-FORMAN CORPcl b	$2,444,000	–	38,421	–	0.03%	–
EW	New	EDWARDS LIFESCIENCES CORP	$2,303,000	–	33,412	–	0.03%	–
ZTS	New	ZOETIS INCcl a	$2,180,000	–	15,995	–	0.03%	–
TRU	New	TRANSUNION	$2,116,000	–	24,420	–	0.03%	–
NTR	New	NUTRIEN LTD	$2,107,000	–	65,651	–	0.03%	–
MASI	New	MASIMO CORP	$1,994,000	–	8,790	–	0.03%	–
PEP	New	PEPSICO INC	$2,050,000	–	15,518	–	0.03%	–
DIS	New	WALT DISNEY CO/THE	$2,024,000	–	18,150	–	0.03%	–
TGS	New	TRANSPORTADOR GAS SURspon ads b	$1,937,000	–	343,470	–	0.03%	–
ILMN	New	ILLUMINA INC	$1,952,000	–	5,288	–	0.03%	–
MTZ	New	MASTEC INC	$1,861,000	–	41,480	–	0.03%	–
ISRG	New	INTUITIVE SURGICAL INC	$1,852,000	–	3,265	–	0.03%	–
NVDA	New	NVIDIA CORP	$1,905,000	–	5,038	–	0.03%	–
EA	New	ELECTRONIC ARTS INC	$1,796,000	–	13,624	–	0.02%	–
ADBE	New	ADOBE INC	$1,745,000	–	4,024	–	0.02%	–
IR	New	INGERSOLL-RAND INC	$1,130,000	–	40,175	–	0.02%	–
VEEV	New	VEEVA SYSTEMS INC	$1,076,000	–	4,588	–	0.02%	–
NVR	New	NVR INC	$1,013,000	–	311	–	0.01%	–
HUYA	New	HUYA INC	$994,000	–	53,232	–	0.01%	–
WEX	New	WEX INC	$776,000	–	4,700	–	0.01%	–
CRESY	New	CRESUD S.A.sponsored adr	$724,000	–	242,910	–	0.01%	–
MLI	New	MUELLER INDUSTRIES INC	$745,000	–	28,035	–	0.01%	–
CTAS	New	CINTAS CORP	$632,000	–	2,374	–	0.01%	–
KNX	New	KNIGHT-SWIFT TRANSPORTATIONcl a	$575,000	–	13,775	–	0.01%	–
MCD	New	MCDONALD'S CORP	$557,000	–	3,020	–	0.01%	–
TJX	New	TJX COMPANIES INC	$501,000	–	9,900	–	0.01%	–
PAYX	New	PAYCHEX INC	$498,000	–	6,569	–	0.01%	–
LII	New	LENNOX INTERNATIONAL INC	$542,000	–	2,328	–	0.01%	–
CPRT	New	COPART INC	$529,000	–	6,356	–	0.01%	–
EDU	New	NEW ORIENTAL EDUCATIOspon adr	$356,000	–	2,731	–	0.01%	–
ROST	New	ROSS STORES INC	$384,000	–	4,500	–	0.01%	–
RCL	New	ROYAL CARIBBEAN CRUISES LTD	$257,000	–	5,101	–	0.00%	–
SBUX	New	STARBUCKS CORP	$316,000	–	4,300	–	0.00%	–
BFAM	New	BRIGHT HORIZONS FAMILY SOLUT	$270,000	–	2,300	–	0.00%	–
SSNC	New	SS&C TECHNOLOGIES HOLDINGS	$251,000	–	4,438	–	0.00%	–
GRMN	New	GARMIN LTD	$234,000	–	2,396	–	0.00%	–
LEGN	New	LEGEND BIOTECH CORPsponsored ads	$213,000	–	5,000	–	0.00%	–
BAC	New	BANK OF AMERICA CORP	$150,000	–	6,400	–	0.00%	–
HDB	New	HDFC BANK LTDsponsored ads	$152,000	–	3,340	–	0.00%	–
MAR	New	MARRIOTT INTERNATIONALcl a	$122,000	–	1,421	–	0.00%	–
TAL	New	TAL EDUCATION GROUPsponsored ads	$32,000	–	475	–	0.00%	–

Q4 2019

			Value		Shares		↓ Weighting
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-471	–	-0.00%	–
VMW	Exit	VMWARE INC	$0	–	-421	–	-0.00%	–
ANET	Exit	ARISTA NETWORKS INC	$0	–	-447	–	-0.00%	–
KNX	Exit	KNIGHT-SWIFT TRANSPORTATIONcl a	$0	–	-5,354	–	-0.00%	–
VEEV	Exit	VEEVA SYSTEMS INC	$0	–	-1,258	–	-0.00%	–
GRMN	Exit	GARMIN LTD	$0	–	-1,447	–	-0.00%	–
MASI	Exit	MASIMO CORP	$0	–	-1,248	–	-0.00%	–
IBN	Exit	ICICI BANK LTDadr	$0	–	-11,000	–	-0.00%	–
PAYX	Exit	PAYCHEX INC	$0	–	-2,144	–	-0.00%	–
DIS	Exit	WALT DISNEY CO/THE	$0	–	-1,431	–	-0.00%	–
SDRLF	Exit	SEADRILL LTD	$0	–	-80,000	–	-0.00%	–
CPRT	Exit	COPART INC	$0	–	-1,555	–	-0.00%	–
SSNC	Exit	SS&C TECHNOLOGIES HOLDINGS	$0	–	-2,369	–	-0.00%	–
SYK	Exit	STRYKER CORP	$0	–	-1,216	–	-0.00%	–
ADBE	Exit	ADOBE INC	$0	–	-825	–	-0.00%	–
RCL	Exit	ROYAL CARIBBEAN CRUISES LTD	$0	–	-2,518	–	-0.00%	–
CHD	Exit	CHURCH & DWIGHT INC	$0	–	-3,127	–	-0.00%	–
TRU	Exit	TRANSUNION	$0	–	-2,680	–	-0.00%	–
LII	Exit	LENNOX INTERNATIONAL INC	$0	–	-921	–	-0.00%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-1,947	–	-0.00%	–
RMD	Exit	RESMED INC	$0	–	-2,056	–	-0.00%	–
MAR	Exit	MARRIOTT INTERNATIONALcl a	$0	–	-2,371	–	-0.00%	–
INTU	Exit	INTUIT INC	$0	–	-1,122	–	-0.00%	–
ANSS	Exit	ANSYS INC	$0	–	-1,579	–	-0.00%	–
CTAS	Exit	CINTAS CORP	$0	–	-1,051	–	-0.00%	–
DHR	Exit	DANAHER CORP	$0	–	-2,369	–	-0.00%	–
SM	Exit	SM ENERGY CO	$0	–	-38,997	–	-0.01%	–
PEP	Exit	PEPSICO INC	$0	–	-2,607	–	-0.01%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-3,282	–	-0.01%	–
EL	Exit	ESTEE LAUDER COMPANIEScl a	$0	–	-2,314	–	-0.01%	–
NOV	Exit	NATIONAL OILWELL VARCO INC	$0	–	-25,000	–	-0.01%	–
ADVM	Exit	ADVERUM BIOTECHNOLOGIES INCput	$0	–	-94,600	–	-0.01%	–
BFB	Exit	BROWN-FORMAN CORPcl b	$0	–	-8,380	–	-0.01%	–
RES	Exit	RPC INC	$0	–	-107,820	–	-0.01%	–
TECK	Exit	TECK RESOURCES LTDcl b	$0	–	-50,674	–	-0.01%	–
DDOG	Exit	DATADOG INC	$0	–	-25,000	–	-0.01%	–
XEC	Exit	CIMAREX ENERGY CO	$0	–	-22,149	–	-0.01%	–
CRZO	Exit	CARRIZO OIL & GAS INC	$0	–	-132,653	–	-0.01%	–
VRSN	Exit	VERISIGN INC	$0	–	-6,411	–	-0.02%	–
PE	Exit	PARSLEY ENERGY INCcl a	$0	–	-81,585	–	-0.02%	–
LW	Exit	LAMB WESTON HOLDINGS INC	$0	–	-20,431	–	-0.02%	–
EB	Exit	EVENTBRITE INC	$0	–	-89,213	–	-0.02%	–
NET	Exit	CLOUDFLARE INC	$0	–	-100,000	–	-0.02%	–
SUPV	Exit	GRUPO SUPERVIELLE SAsponsored adr	$0	–	-570,453	–	-0.02%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-33,916	–	-0.02%	–
EAF	Exit	GRAFTECH INTERNATIONAL LTD	$0	–	-163,334	–	-0.03%	–
PUMP	Exit	PROPETRO HOLDING CORP	$0	–	-263,123	–	-0.03%	–
PDCE	Exit	PDC ENERGY INC	$0	–	-87,472	–	-0.03%	–
TGS	Exit	TRANSPORTADOR GAS SURspon ads b	$0	–	-299,240	–	-0.03%	–
TPIC	Exit	TPI COMPOSITES INC	$0	–	-138,831	–	-0.03%	–
CRESY	Exit	CRESUD S.A.sponsored adr	$0	–	-455,956	–	-0.03%	–
AA	Exit	ALCOA CORP	$0	–	-147,176	–	-0.04%	–
WORK	Exit	SLACK TECHNOLOGIES INC- CL A	$0	–	-173,599	–	-0.05%	–
MLI	Exit	MUELLER INDUSTRIES INC	$0	–	-158,035	–	-0.06%	–
GDI	Exit	GARDNER DENVER HOLDINGS INC	$0	–	-179,865	–	-0.06%	–
STLD	Exit	STEEL DYNAMICS INC	$0	–	-179,268	–	-0.07%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-79,222	–	-0.07%	–
HAL	Exit	HALLIBURTON CO	$0	–	-296,893	–	-0.07%	–
CRWD	Exit	CROWDSTRIKE HOLDINGS INCcl a	$0	–	-97,019	–	-0.07%	–
MTZ	Exit	MASTEC INC	$0	–	-93,696	–	-0.08%	–
LOMA	Exit	LOMA NEGRA CIA INDsponsored ads	$0	–	-1,087,826	–	-0.08%	–
GPRK	Exit	GEOPARK LTD	$0	–	-341,130	–	-0.08%	–
NTR	Exit	NUTRIEN LTD	$0	–	-132,375	–	-0.08%	–
CARA	Exit	CARA THERAPEUTICS INC	$0	–	-374,948	–	-0.09%	–
VALE	Exit	VALE SAsponsored ads	$0	–	-638,979	–	-0.09%	–
ARCO	Exit	ARCOS DORADOS HOLDINGS INC	$0	–	-1,246,447	–	-0.11%	–
PSX	Exit	PHILLIPS 66	$0	–	-86,771	–	-0.11%	–
MPC	Exit	MARATHON PETROLEUM CORP	$0	–	-145,800	–	-0.11%	–
DAR	Exit	DARLING INGREDIENTS INC	$0	–	-468,101	–	-0.11%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-168,858	–	-0.11%	–
IFS	Exit	INTERCORP FINANCIAL SERVICES	$0	–	-281,804	–	-0.15%	–
NBL	Exit	NOBLE ENERGY INC	$0	–	-551,490	–	-0.16%	–
YY	Exit	YY INCsponsored ads a	$0	–	-223,213	–	-0.16%	–
CVX	Exit	CHEVRON CORP	$0	–	-110,226	–	-0.16%	–
WBC	Exit	WABCO HOLDINGS INC	$0	–	-99,442	–	-0.17%	–
CCXI	Exit	CHEMOCENTRYX INC	$0	–	-2,357,203	–	-0.20%	–
YNDX	Exit	YANDEX NV	$0	–	-465,039	–	-0.20%	–
BITA	Exit	BITAUTO HOLDINGS LTDsponsored ads	$0	–	-1,172,095	–	-0.22%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-255,885	–	-0.23%	–
CXO	Exit	CONCHO RESOURCES INC	$0	–	-294,906	–	-0.25%	–
VIPS	Exit	VIPSHOP HOLDINGS LTDsponsored ads a	$0	–	-2,674,458	–	-0.30%	–
LN	Exit	LINE CORPsponsored adr	$0	–	-724,591	–	-0.33%	–
ZUO	Exit	ZUORA INC	$0	–	-2,171,820	–	-0.41%	–
EOG	Exit	EOG RESOURCES INC	$0	–	-524,944	–	-0.49%	–
TSM	Exit	TAIWAN SEMICONDUCTORsponsored ads	$0	–	-888,922	–	-0.52%	–
TW	Exit	TRADEWEB MARKETS INCcl a	$0	–	-1,138,670	–	-0.53%	–
RGNX	Exit	REGENXBIO INC	$0	–	-1,243,721	–	-0.56%	–
NVDA	Exit	NVIDIA CORP	$0	–	-336,665	–	-0.74%	–
BAX	Exit	BAXTER INTERNATIONAL INC	$0	–	-685,950	–	-0.76%	–
PXD	Exit	PIONEER NATURAL RESOURCES CO	$0	–	-488,612	–	-0.78%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-514,601	–	-0.90%	–
SPOT	Exit	SPOTIFY TECHNOLOGY SA	$0	–	-747,918	–	-1.08%	–
V	Exit	VISA INC	$0	–	-507,846	–	-1.10%	–
WPM	Exit	WHEATON PRECIOUS METALS CORP	$0	–	-3,505,373	–	-1.16%	–
KO	Exit	COCA-COLA CO/THE	$0	–	-1,705,585	–	-1.17%	–
ALC	Exit	ALCON INC	$0	–	-1,598,395	–	-1.18%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-176,891	–	-1.23%	–
SQ	Exit	SQUARE INCcl a	$0	–	-1,700,614	–	-1.33%	–
CRM	Exit	SALESFORCE.COM INC	$0	–	-728,831	–	-1.36%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-2,061,565	–	-1.38%	–
SAVE	Exit	SPIRIT AIRLINES INC	$0	–	-3,057,266	–	-1.40%	–
LLY	Exit	ELI LILLY & CO	$0	–	-1,008,978	–	-1.42%	–
PG	Exit	PROCTER & GAMBLE CO/THE	$0	–	-922,521	–	-1.45%	–
ESTC	Exit	ELASTIC NV	$0	–	-1,405,901	–	-1.46%	–
PFE	Exit	PFIZER INC	$0	–	-3,225,418	–	-1.46%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-416,489	–	-1.53%	–
EA	Exit	ELECTRONIC ARTS INC	$0	–	-1,282,009	–	-1.58%	–
FIS	Exit	FIDELITY NATIONAL INFO SERV	$0	–	-964,176	–	-1.62%	–
ELAN	Exit	ELANCO ANIMAL HEALTH INC	$0	–	-4,869,165	–	-1.63%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-496,989	–	-1.70%	–
SE	Exit	SEA LTDsponsored ads	$0	–	-4,400,726	–	-1.72%	–
TIF	Exit	TIFFANY & CO	$0	–	-1,631,745	–	-1.91%	–
NEM	Exit	NEWMONT GOLDCORP CORP	$0	–	-3,993,701	–	-1.91%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-303,065	–	-2.06%	–
CNC	Exit	CENTENE CORP	$0	–	-3,922,538	–	-2.14%	–
PTC	Exit	PTC INC	$0	–	-2,830,776	–	-2.44%	–
WUBA	Exit	58.COM INCspon adr rep a	$0	–	-3,970,847	–	-2.47%	–
ILMN	Exit	ILLUMINA INC	$0	–	-655,686	–	-2.52%	–
GRUB	Exit	GRUBHUB INC	$0	–	-3,552,399	–	-2.52%	–
BDX	Exit	BECTON DICKINSON AND CO	$0	–	-796,709	–	-2.54%	–
FISV	Exit	FISERV INC	$0	–	-2,112,061	–	-2.76%	–
GDDY	Exit	GODADDY INCcl a	$0	–	-3,478,176	–	-2.90%	–
COST	Exit	COSTCO WHOLESALE CORP	$0	–	-814,342	–	-2.96%	–
ANTM	Exit	ANTHEM INC	$0	–	-1,035,093	–	-3.14%	–
JD	Exit	JD.COM INCspon adr cl a	$0	–	-11,605,869	–	-4.13%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-1,592,766	–	-4.16%	–
BKNG	Exit	BOOKING HOLDINGS INC	$0	–	-203,755	–	-5.04%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-336,196	–	-5.18%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-4,599,278	–	-5.35%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-2,520,469	–	-5.66%	–

Q3 2019

			Value		Shares		↓ Weighting
FB	Sell	FACEBOOK INCcl a	$448,842,000	-21.6%	2,520,469	-15.1%	5.66%	-20.4%
ICE	Sell	INTERCONTINENTAL EXCHANGE IN	$424,376,000	-4.3%	4,599,278	-10.9%	5.35%	-2.9%
GOOGL	Sell	ALPHABET INCcap stk cl a	$410,544,000	-6.4%	336,196	-17.0%	5.18%	-5.0%
BKNG	Buy	BOOKING HOLDINGS INC	$399,888,000	+7.5%	203,755	+2.7%	5.04%	+9.1%
STZ	Sell	CONSTELLATION BRANDS INCcl a	$330,146,000	-8.2%	1,592,766	-12.8%	4.16%	-6.8%
JD	Buy	JD.COM INCspon adr cl a	$327,393,000	+48.3%	11,605,869	+59.2%	4.13%	+50.6%
ANTM	Buy	ANTHEM INC	$248,523,000	-14.1%	1,035,093	+1.0%	3.14%	-12.8%
COST	Buy	COSTCO WHOLESALE CORP	$234,618,000	+34.5%	814,342	+23.4%	2.96%	+36.6%
GDDY	Buy	GODADDY INCcl a	$229,488,000	+0.4%	3,478,176	+6.7%	2.90%	+1.9%
FISV	Buy	FISERV INC	$218,786,000	+21.7%	2,112,061	+7.1%	2.76%	+23.5%
BDX	Sell	BECTON DICKINSON AND CO	$201,531,000	-25.2%	796,709	-25.4%	2.54%	-24.0%
GRUB	Sell	GRUBHUB INC	$199,679,000	-30.5%	3,552,399	-3.5%	2.52%	-29.4%
ILMN	Buy	ILLUMINA INC	$199,471,000	+34.1%	655,686	+62.2%	2.52%	+36.1%
WUBA	Buy	58.COM INCspon adr rep a	$195,791,000	-13.9%	3,970,847	+8.5%	2.47%	-12.6%
PTC	Buy	PTC INC	$193,000,000	-21.1%	2,830,776	+3.8%	2.44%	-19.9%
CNC	Buy	CENTENE CORP	$169,689,000	+7.2%	3,922,538	+29.9%	2.14%	+8.9%
ISRG	Sell	INTUITIVE SURGICAL INC	$163,632,000	-0.8%	303,065	-3.7%	2.06%	+0.7%
NEM	Buy	NEWMONT GOLDCORP CORP	$151,444,000	-0.3%	3,993,701	+1.1%	1.91%	+1.2%
TIF	Buy	TIFFANY & CO	$151,147,000	-0.6%	1,631,745	+0.5%	1.91%	+0.9%
SE	Buy	SEA LTDsponsored ads	$136,190,000	+31.5%	4,400,726	+41.2%	1.72%	+33.5%
MA	Buy	MASTERCARD INCcl a	$134,966,000	+32.4%	496,989	+29.0%	1.70%	+34.5%
ELAN	Sell	ELANCO ANIMAL HEALTH INC	$129,470,000	-33.5%	4,869,165	-15.4%	1.63%	-32.4%
FIS	New	FIDELITY NATIONAL INFO SERV	$128,002,000	–	964,176	–	1.62%	–
EA	Sell	ELECTRONIC ARTS INC	$125,403,000	-32.3%	1,282,009	-30.0%	1.58%	-31.3%
TMO	Buy	THERMO FISHER SCIENTIFIC INC	$121,309,000	+39414.3%	416,489	+39717.3%	1.53%	+38150.0%
PFE	New	PFIZER INC	$115,890,000	–	3,225,418	–	1.46%	–
ESTC	Buy	ELASTIC NV	$115,763,000	+17.8%	1,405,901	+6.8%	1.46%	+19.6%
PG	New	PROCTER & GAMBLE CO/THE	$114,743,000	–	922,521	–	1.45%	–
LLY	New	ELI LILLY & CO	$112,835,000	–	1,008,978	–	1.42%	–
SAVE	Buy	SPIRIT AIRLINES INC	$110,979,000	-16.1%	3,057,266	+10.3%	1.40%	-14.8%
ATVI	Sell	ACTIVISION BLIZZARD INC	$109,097,000	-18.8%	2,061,565	-27.6%	1.38%	-17.6%
CRM	New	SALESFORCE.COM INC	$108,188,000	–	728,831	–	1.36%	–
SQ	New	SQUARE INCcl a	$105,351,000	–	1,700,614	–	1.33%	–
MELI	Buy	MERCADOLIBRE INC	$97,502,000	+1.2%	176,891	+12.3%	1.23%	+2.8%
ALC	Buy	ALCON INC	$93,171,000	+45.6%	1,598,395	+55.0%	1.18%	+47.8%
KO	New	COCA-COLA CO/THE	$92,852,000	–	1,705,585	–	1.17%	–
WPM	Sell	WHEATON PRECIOUS METALS CORP	$91,984,000	+1.4%	3,505,373	-6.6%	1.16%	+2.9%
V	Buy	VISA INC	$87,355,000	+0.5%	507,846	+1.4%	1.10%	+2.0%
SPOT	Sell	SPOTIFY TECHNOLOGY SA	$85,261,000	-39.3%	747,918	-22.2%	1.08%	-38.4%
MSFT	Sell	MICROSOFT CORP	$71,544,000	-13.2%	514,601	-16.3%	0.90%	-11.9%
PXD	Sell	PIONEER NATURAL RESOURCES CO	$61,453,000	-19.1%	488,612	-1.0%	0.78%	-17.8%
BAX	Sell	BAXTER INTERNATIONAL INC	$59,999,000	-48.4%	685,950	-51.7%	0.76%	-47.6%
NVDA	Sell	NVIDIA CORP	$58,602,000	-55.8%	336,665	-58.3%	0.74%	-55.2%
RGNX	Sell	REGENXBIO INC	$44,276,000	-37.6%	1,243,721	-10.0%	0.56%	-36.6%
TW	Sell	TRADEWEB MARKETS INCcl a	$42,108,000	-21.5%	1,138,670	-7.1%	0.53%	-20.4%
TSM	Sell	TAIWAN SEMICONDUCTORsponsored ads	$41,290,000	-23.4%	888,922	-35.4%	0.52%	-22.2%
EOG	Buy	EOG RESOURCES INC	$38,961,000	-17.3%	524,944	+3.8%	0.49%	-16.1%
ZUO	Buy	ZUORA INC	$32,686,000	-1.6%	2,171,820	+0.2%	0.41%	-0.2%
LN	Sell	LINE CORPsponsored adr	$26,050,000	+22.9%	724,591	-3.8%	0.33%	+25.1%
VIPS	Sell	VIPSHOP HOLDINGS LTDsponsored ads a	$23,859,000	-34.4%	2,674,458	-36.5%	0.30%	-33.4%
CXO	Buy	CONCHO RESOURCES INC	$20,024,000	-34.1%	294,906	+0.2%	0.25%	-32.9%
XOM	Buy	EXXON MOBIL CORP	$18,068,000	+22.3%	255,885	+32.7%	0.23%	+23.9%
BITA	Sell	BITAUTO HOLDINGS LTDsponsored ads	$17,552,000	+30.9%	1,172,095	-8.4%	0.22%	+32.3%
YNDX	Sell	YANDEX NV	$16,285,000	-19.3%	465,039	-12.4%	0.20%	-18.3%
CCXI	Buy	CHEMOCENTRYX INC	$15,982,000	-8.7%	2,357,203	+25.3%	0.20%	-6.9%
CVX	Buy	CHEVRON CORP	$13,073,000	+23.9%	110,226	+30.0%	0.16%	+26.0%
YY	Buy	YY INCsponsored ads a	$12,538,000	+11.1%	223,213	+37.9%	0.16%	+12.9%
NBL	Buy	NOBLE ENERGY INC	$12,386,000	+0.4%	551,490	+0.2%	0.16%	+2.0%
IFS	New	INTERCORP FINANCIAL SERVICES	$11,633,000	–	281,804	–	0.15%	–
AEM	Buy	AGNICO EAGLE MINES LTD	$9,052,000	+33.4%	168,858	+27.5%	0.11%	+35.7%
MPC	Sell	MARATHON PETROLEUM CORP	$8,857,000	-12.1%	145,800	-19.1%	0.11%	-10.4%
ARCO	Buy	ARCOS DORADOS HOLDINGS INC	$8,368,000	-0.0%	1,246,447	+8.4%	0.11%	+1.9%
VALE	Buy	VALE SAsponsored ads	$7,348,000	+13.2%	638,979	+32.3%	0.09%	+14.8%
CARA	Sell	CARA THERAPEUTICS INC	$6,854,000	-51.2%	374,948	-42.6%	0.09%	-50.6%
GPRK	Sell	GEOPARK LTD	$6,280,000	-27.0%	341,130	-26.5%	0.08%	-26.2%
LOMA	Buy	LOMA NEGRA CIA INDsponsored ads	$6,254,000	-49.5%	1,087,826	+2.7%	0.08%	-48.7%
MTZ	Sell	MASTEC INC	$6,084,000	+3.9%	93,696	-17.5%	0.08%	+5.5%
CRWD	Sell	CROWDSTRIKE HOLDINGS INCcl a	$5,657,000	-38.3%	97,019	-27.8%	0.07%	-37.7%
STLD	Buy	STEEL DYNAMICS INC	$5,342,000	+6.0%	179,268	+7.4%	0.07%	+6.3%
GDI	Sell	GARDNER DENVER HOLDINGS INC	$5,088,000	-24.0%	179,865	-7.0%	0.06%	-22.9%
WORK	New	SLACK TECHNOLOGIES INC- CL A	$4,120,000	–	173,599	–	0.05%	–
AA	Sell	ALCOA CORP	$2,954,000	-55.7%	147,176	-48.3%	0.04%	-55.4%
CRESY	Buy	CRESUD S.A.sponsored adr	$2,702,000	-43.2%	455,956	+0.4%	0.03%	-42.4%
TPIC	New	TPI COMPOSITES INC	$2,603,000	–	138,831	–	0.03%	–
TGS	Buy	TRANSPORTADOR GAS SURspon ads b	$2,541,000	-37.1%	299,240	+7.1%	0.03%	-36.0%
PDCE	Sell	PDC ENERGY INC	$2,427,000	-62.4%	87,472	-51.1%	0.03%	-61.2%
EAF	Sell	GRAFTECH INTERNATIONAL LTD	$2,091,000	-69.6%	163,334	-72.7%	0.03%	-69.4%
HDB	New	HDFC BANK LTDsponsored ads	$1,976,000	–	33,916	–	0.02%	–
SUPV	Sell	GRUPO SUPERVIELLE SAsponsored adr	$1,831,000	-69.1%	570,453	-24.2%	0.02%	-68.9%
NET	New	CLOUDFLARE INC	$1,857,000	–	100,000	–	0.02%	–
EB	New	EVENTBRITE INC	$1,580,000	–	89,213	–	0.02%	–
LW	Buy	LAMB WESTON HOLDINGS INC	$1,486,000	+88.1%	20,431	+63.9%	0.02%	+90.0%
PE	Sell	PARSLEY ENERGY INCcl a	$1,371,000	-74.2%	81,585	-70.8%	0.02%	-74.2%
VRSN	New	VERISIGN INC	$1,209,000	–	6,411	–	0.02%	–
CRZO	Sell	CARRIZO OIL & GAS INC	$1,139,000	-72.4%	132,653	-67.8%	0.01%	-72.5%
XEC	Sell	CIMAREX ENERGY CO	$1,062,000	-86.7%	22,149	-83.5%	0.01%	-86.9%
DDOG	New	DATADOG INC	$848,000	–	25,000	–	0.01%	–
TECK	Sell	TECK RESOURCES LTDcl b	$822,000	-73.5%	50,674	-62.3%	0.01%	-73.7%
RES	Sell	RPC INC	$605,000	-50.0%	107,820	-35.8%	0.01%	-46.7%
BFB	Sell	BROWN-FORMAN CORPcl b	$526,000	-3.8%	8,380	-15.1%	0.01%	0.0%
ADVM	New	ADVERUM BIOTECHNOLOGIES INCput	$516,000	–	94,600	–	0.01%	–
EL	Buy	ESTEE LAUDER COMPANIEScl a	$460,000	+38.1%	2,314	+27.1%	0.01%	+50.0%
SM	Sell	SM ENERGY CO	$378,000	-76.8%	38,997	-70.0%	0.01%	-75.0%
PEP	Sell	PEPSICO INC	$357,000	+4.4%	2,607	-0.0%	0.01%	+25.0%
DHR	Buy	DANAHER CORP	$342,000	+12.9%	2,369	+11.9%	0.00%	0.0%
ANSS	Buy	ANSYS INC	$350,000	+21.1%	1,579	+12.0%	0.00%	0.0%
MAR	Buy	MARRIOTT INTERNATIONALcl a	$295,000	-5.8%	2,371	+6.3%	0.00%	0.0%
CTAS	Buy	CINTAS CORP	$282,000	+116.9%	1,051	+91.8%	0.00%	+100.0%
RMD	Buy	RESMED INC	$278,000	+15.8%	2,056	+4.5%	0.00%	+33.3%
CHD	Buy	CHURCH & DWIGHT INC	$235,000	+43.3%	3,127	+39.4%	0.00%	+50.0%
TRU	Sell	TRANSUNION	$217,000	-13.2%	2,680	-21.1%	0.00%	0.0%
LII	Buy	LENNOX INTERNATIONAL INC	$224,000	+28.7%	921	+46.0%	0.00%	+50.0%
ADBE	Buy	ADOBE INC	$228,000	-4.6%	825	+1.6%	0.00%	0.0%
PYPL	Sell	PAYPAL HOLDINGS INC	$202,000	-99.8%	1,947	-99.8%	0.00%	-99.8%
RCL	Buy	ROYAL CARIBBEAN CRUISES LTD	$273,000	+17.7%	2,518	+31.6%	0.00%	0.0%
IBN	New	ICICI BANK LTDadr	$137,000	–	11,000	–	0.00%	–
DIS	Sell	WALT DISNEY CO/THE	$186,000	-21.2%	1,431	-15.3%	0.00%	-33.3%
VEEV	Buy	VEEVA SYSTEMS INC	$192,000	+37.1%	1,258	+45.4%	0.00%	0.0%
KNX	Buy	KNIGHT-SWIFT TRANSPORTATIONcl a	$194,000	+26.8%	5,354	+15.0%	0.00%	0.0%
MASI	Sell	MASIMO CORP	$186,000	-23.8%	1,248	-23.8%	0.00%	-33.3%
SDRLF	Buy	SEADRILL LTD	$168,000	-35.9%	80,000	+27.0%	0.00%	-33.3%
PAYX	Buy	PAYCHEX INC	$177,000	+67.0%	2,144	+65.7%	0.00%	+100.0%
ALGN	Sell	ALIGN TECHNOLOGY INC	$85,000	-58.3%	471	-36.9%	0.00%	-66.7%
VMW	Sell	VMWARE INC	$63,000	-35.1%	421	-27.3%	0.00%	0.0%
CHWY	Exit	CHEWY INCcl a	$0	–	-1,946	–	-0.00%	–
RVLV	Exit	REVOLVE GROUP INCcl a	$0	–	-13,559	–	-0.01%	–
NKE	Exit	NIKE INCcl b	$0	–	-7,371	–	-0.01%	–
REAL	Exit	REALREAL INC/THE	$0	–	-35,588	–	-0.01%	–
AFMD	Exit	AFFIMED NV	$0	–	-1,368,315	–	-0.05%	–
PINS	Exit	PINTEREST INCcl a	$0	–	-245,300	–	-0.08%	–
KHC	Exit	KRAFT HEINZ CO/THEput	$0	–	-270,200	–	-0.10%	–
ZM	Exit	ZOOM VIDEO COMMUNICATIONScl a	$0	–	-98,100	–	-0.11%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-760,033	–	-0.92%	–
MRK	Exit	MERCK & CO. INC.	$0	–	-1,334,894	–	-1.39%	–
WP	Exit	WORLDPAY INCcl a	$0	–	-1,024,364	–	-1.56%	–

Q2 2019

			Value		Shares		↓ Weighting
FB	New	FACEBOOK INCcl a	$572,856,000	–	2,968,164	–	7.12%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$443,661,000	–	5,162,445	–	5.51%	–
GOOGL	New	ALPHABET INCcap stk cl a	$438,717,000	–	405,169	–	5.45%	–
BKNG	New	BOOKING HOLDINGS INC	$372,079,000	–	198,473	–	4.62%	–
STZ	New	CONSTELLATION BRANDS INCcl a	$359,726,000	–	1,826,577	–	4.47%	–
ANTM	New	ANTHEM INC	$289,344,000	–	1,025,279	–	3.59%	–
GRUB	New	GRUBHUB INC	$287,197,000	–	3,682,479	–	3.57%	–
BDX	New	BECTON DICKINSON AND CO	$269,259,000	–	1,068,445	–	3.34%	–
PTC	New	PTC INC	$244,688,000	–	2,726,024	–	3.04%	–
GDDY	New	GODADDY INCcl a	$228,665,000	–	3,259,655	–	2.84%	–
WUBA	New	58.COM INCspon adr rep a	$227,489,000	–	3,659,142	–	2.83%	–
JD	New	JD.COM INCspon adr cl a	$220,790,000	–	7,289,205	–	2.74%	–
ELAN	New	ELANCO ANIMAL HEALTH INC	$194,579,000	–	5,756,785	–	2.42%	–
EA	New	ELECTRONIC ARTS INC	$185,360,000	–	1,830,534	–	2.30%	–
FISV	New	FISERV INC	$179,815,000	–	1,972,517	–	2.23%	–
COST	New	COSTCO WHOLESALE CORP	$174,440,000	–	660,109	–	2.17%	–
ISRG	New	INTUITIVE SURGICAL INC	$165,030,000	–	314,613	–	2.05%	–
CNC	New	CENTENE CORP	$158,292,000	–	3,018,545	–	1.97%	–
TIF	New	TIFFANY & CO	$152,109,000	–	1,624,407	–	1.89%	–
NEM	New	NEWMONT GOLDCORP CORP	$151,911,000	–	3,948,809	–	1.89%	–
ILMN	New	ILLUMINA INC	$148,778,000	–	404,122	–	1.85%	–
SPOT	New	SPOTIFY TECHNOLOGY SA	$140,550,000	–	961,224	–	1.75%	–
ATVI	New	ACTIVISION BLIZZARD INC	$134,314,000	–	2,845,635	–	1.67%	–
NVDA	New	NVIDIA CORP	$132,677,000	–	807,872	–	1.65%	–
SAVE	New	SPIRIT AIRLINES INC	$132,339,000	–	2,772,667	–	1.64%	–
WP	New	WORLDPAY INCcl a	$125,536,000	–	1,024,364	–	1.56%	–
PYPL	New	PAYPAL HOLDINGS INC	$120,634,000	–	1,053,938	–	1.50%	–
BAX	New	BAXTER INTERNATIONAL INC	$116,361,000	–	1,420,767	–	1.45%	–
MRK	New	MERCK & CO. INC.	$111,931,000	–	1,334,894	–	1.39%	–
SE	New	SEA LTDsponsored ads	$103,561,000	–	3,117,439	–	1.29%	–
MA	New	MASTERCARD INCcl a	$101,904,000	–	385,226	–	1.27%	–
ESTC	New	ELASTIC NV	$98,309,000	–	1,316,762	–	1.22%	–
MELI	New	MERCADOLIBRE INC	$96,361,000	–	157,511	–	1.20%	–
WPM	New	WHEATON PRECIOUS METALS CORP	$90,713,000	–	3,751,563	–	1.13%	–
V	New	VISA INC	$86,923,000	–	500,852	–	1.08%	–
MSFT	New	MICROSOFT CORP	$82,389,000	–	615,030	–	1.02%	–
PXD	New	PIONEER NATURAL RESOURCES CO	$75,923,000	–	493,452	–	0.94%	–
MDT	New	MEDTRONIC PLC	$74,020,000	–	760,033	–	0.92%	–
RGNX	New	REGENXBIO INC	$71,007,000	–	1,382,262	–	0.88%	–
ALC	New	ALCON INC	$63,980,000	–	1,031,101	–	0.80%	–
TSM	New	TAIWAN SEMICONDUCTORsponsored adr	$53,896,000	–	1,375,952	–	0.67%	–
TW	New	TRADEWEB MARKETS INCcl a	$53,674,000	–	1,225,153	–	0.67%	–
EOG	New	EOG RESOURCES INC	$47,101,000	–	505,591	–	0.58%	–
VIPS	New	VIPSHOP HOLDINGS LTDsponsored ads a	$36,364,000	–	4,213,721	–	0.45%	–
ZUO	New	ZUORA INC	$33,205,000	–	2,167,420	–	0.41%	–
CXO	New	CONCHO RESOURCES INC	$30,377,000	–	294,406	–	0.38%	–
LN	New	LINE CORPsponsored adr	$21,204,000	–	753,527	–	0.26%	–
YNDX	New	YANDEX NV	$20,170,000	–	530,789	–	0.25%	–
CCXI	New	CHEMOCENTRYX INC	$17,499,000	–	1,881,609	–	0.22%	–
XOM	New	EXXON MOBIL CORP	$14,772,000	–	192,774	–	0.18%	–
CARA	New	CARA THERAPEUTICS INC	$14,034,000	–	652,742	–	0.17%	–
BITA	New	BITAUTO HOLDINGS LTDsponsored ads	$13,404,000	–	1,280,263	–	0.17%	–
WBC	New	WABCO HOLDINGS INC	$13,186,000	–	99,442	–	0.16%	–
LOMA	New	LOMA NEGRA CORPsponsored ads	$12,396,000	–	1,059,461	–	0.15%	–
NBL	New	NOBLE ENERGY INC	$12,331,000	–	550,490	–	0.15%	–
YY	New	YY INCsponsored ads a	$11,282,000	–	161,895	–	0.14%	–
CVX	New	CHEVRON CORP	$10,549,000	–	84,774	–	0.13%	–
MPC	New	MARATHON PETROLEUM CORP	$10,074,000	–	180,288	–	0.12%	–
DAR	New	DARLING INGREDIENTS INC	$9,311,000	–	468,101	–	0.12%	–
CRWD	New	CROWDSTRIKE HOLDINGS INCcl a	$9,173,000	–	134,325	–	0.11%	–
ZM	New	ZOOM VIDEO COMMUNICATIONScl a	$8,710,000	–	98,100	–	0.11%	–
GPRK	New	GEOPARK LTD	$8,607,000	–	464,230	–	0.11%	–
KHC	New	KRAFT HEINZ CO/THEput	$8,387,000	–	270,200	–	0.10%	–
ARCO	New	ARCOS DORADOS HOLDINGS INC	$8,370,000	–	1,149,747	–	0.10%	–
PSX	New	PHILLIPS 66	$8,117,000	–	86,771	–	0.10%	–
XEC	New	CIMAREX ENERGY CO	$7,985,000	–	134,590	–	0.10%	–
NTR	New	NUTRIEN LTD	$7,077,000	–	132,375	–	0.09%	–
EAF	New	GRAFTECH INTERNATIONAL LTD	$6,882,000	–	598,412	–	0.08%	–
AEM	New	AGNICO EAGLE MINES LTD	$6,786,000	–	132,437	–	0.08%	–
HAL	New	HALLIBURTON CO	$6,751,000	–	296,893	–	0.08%	–
PINS	New	PINTEREST INCcl a	$6,677,000	–	245,300	–	0.08%	–
AA	New	ALCOA CORP	$6,669,000	–	284,892	–	0.08%	–
GDI	New	GARDNER DENVER HOLDINGS INC	$6,691,000	–	193,385	–	0.08%	–
VALE	New	VALE SAsponsored ads	$6,490,000	–	482,873	–	0.08%	–
PDCE	New	PDC ENERGY INC	$6,451,000	–	178,892	–	0.08%	–
SUPV	New	GRUPO SUPERVIELLE SAsponsored adr	$5,932,000	–	752,798	–	0.07%	–
MTZ	New	MASTEC INC	$5,856,000	–	113,639	–	0.07%	–
ALB	New	ALBEMARLE CORP	$5,578,000	–	79,222	–	0.07%	–
PUMP	New	PROPETRO HOLDING CORP	$5,447,000	–	263,123	–	0.07%	–
PE	New	PARSLEY ENERGY INCcl a	$5,318,000	–	279,735	–	0.07%	–
STLD	New	STEEL DYNAMICS INC	$5,042,000	–	166,938	–	0.06%	–
CRESY	New	CRESUD S.A.sponsored adr	$4,758,000	–	453,968	–	0.06%	–
MLI	New	MUELLER INDUSTRIES INC	$4,626,000	–	158,035	–	0.06%	–
CRZO	New	CARRIZO OIL & GAS INC	$4,125,000	–	411,692	–	0.05%	–
TGS	New	TRANSPORTADOR GAS SURsponsored ads b	$4,041,000	–	279,440	–	0.05%	–
AFMD	New	AFFIMED NV	$3,927,000	–	1,368,315	–	0.05%	–
TECK	New	TECK RESOURCES LTDcl b	$3,099,000	–	134,380	–	0.04%	–
SM	New	SM ENERGY CO	$1,627,000	–	129,950	–	0.02%	–
RES	New	RPC INC	$1,210,000	–	167,820	–	0.02%	–
REAL	New	REALREAL INC/THE	$1,028,000	–	35,588	–	0.01%	–
LW	New	LAMB WESTON HOLDINGS INC	$790,000	–	12,468	–	0.01%	–
NKE	New	NIKE INCcl b	$619,000	–	7,371	–	0.01%	–
BFB	New	BROWN-FORMAN CORPcl b	$547,000	–	9,875	–	0.01%	–
NOV	New	NATIONAL OILWELL VARCO INC	$556,000	–	25,000	–	0.01%	–
RVLV	New	REVOLVE GROUP INCcl a	$468,000	–	13,559	–	0.01%	–
ZTS	New	ZOETIS INCcl a	$372,000	–	3,282	–	0.01%	–
EL	New	ESTEE LAUDER COMPANIEScl a	$333,000	–	1,820	–	0.00%	–
MAR	New	MARRIOTT INTERNATIONALcl a	$313,000	–	2,231	–	0.00%	–
INTU	New	INTUIT INC	$293,000	–	1,122	–	0.00%	–
ANSS	New	ANSYS INC	$289,000	–	1,410	–	0.00%	–
PEP	New	PEPSICO INC	$342,000	–	2,608	–	0.00%	–
DHR	New	DANAHER CORP	$303,000	–	2,118	–	0.00%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$307,000	–	1,046	–	0.00%	–
RCL	New	ROYAL CARIBBEAN CRUISES LTD	$232,000	–	1,914	–	0.00%	–
RMD	New	RESMED INC	$240,000	–	1,967	–	0.00%	–
SYK	New	STRYKER CORP	$250,000	–	1,216	–	0.00%	–
TRU	New	TRANSUNION	$250,000	–	3,397	–	0.00%	–
MASI	New	MASIMO CORP	$244,000	–	1,637	–	0.00%	–
ALGN	New	ALIGN TECHNOLOGY INC	$204,000	–	747	–	0.00%	–
SDRLF	New	SEADRILL LTD	$262,000	–	63,000	–	0.00%	–
ADBE	New	ADOBE INC	$239,000	–	812	–	0.00%	–
DIS	New	WALT DISNEY CO/THE	$236,000	–	1,690	–	0.00%	–
VEEV	New	VEEVA SYSTEMS INC	$140,000	–	865	–	0.00%	–
KNX	New	KNIGHT-SWIFT TRANSPORTATIONcl a	$153,000	–	4,656	–	0.00%	–
CTAS	New	CINTAS CORP	$130,000	–	548	–	0.00%	–
SSNC	New	SS&C TECHNOLOGIES HOLDINGS	$136,000	–	2,369	–	0.00%	–
CHD	New	CHURCH & DWIGHT CO INC	$164,000	–	2,243	–	0.00%	–
LII	New	LENNOX INTERNATIONAL INC	$174,000	–	631	–	0.00%	–
GRMN	New	GARMIN LTD	$115,000	–	1,447	–	0.00%	–
CPRT	New	COPART INC	$116,000	–	1,555	–	0.00%	–
ANET	New	ARISTA NETWORKS INC	$116,000	–	447	–	0.00%	–
PAYX	New	PAYCHEX INC	$106,000	–	1,294	–	0.00%	–
CHWY	New	CHEWY INCcl a	$68,000	–	1,946	–	0.00%	–
VMW	New	VMWARE INC	$97,000	–	579	–	0.00%	–

Q4 2018

			Value		Shares		↓ Weighting
NOV	Exit	NATIONAL OILWELL VARCO INC	$0	–	-25,000	–	-0.01%	–
ARCO	Exit	ARCOS DORADOS HOLDINGS INC-A	$0	–	-985,506	–	-0.05%	–
TECK	Exit	TECK RESOURCES LTD-CLS Bcl b	$0	–	-259,783	–	-0.05%	–
TGS	Exit	TRANSPORTADOR GAS SUR-SP Bspon adr b	$0	–	-469,006	–	-0.06%	–
CRESY	Exit	CRESUD S.A.-SPONS ADRsponsored adr	$0	–	-505,157	–	-0.06%	–
RES	Exit	RPC INC	$0	–	-470,000	–	-0.06%	–
STLD	Exit	STEEL DYNAMICS INC	$0	–	-166,938	–	-0.06%	–
MTZ	Exit	MASTEC INC	$0	–	-180,000	–	-0.07%	–
RGNX	Exit	REGENXBIO INC	$0	–	-111,306	–	-0.07%	–
DAR	Exit	DARLING INGREDIENTS INC	$0	–	-468,101	–	-0.08%	–
AFMD	Exit	AFFIMED NV	$0	–	-2,162,471	–	-0.08%	–
ELAN	Exit	ELANCO ANIMAL HEALTH INC	$0	–	-271,900	–	-0.08%	–
SM	Exit	SM ENERGY CO	$0	–	-335,554	–	-0.09%	–
PSX	Exit	PHILLIPS 66	$0	–	-96,591	–	-0.09%	–
SAVE	Exit	SPIRIT AIRLINES INC	$0	–	-231,793	–	-0.09%	–
GPRK	Exit	GEOPARK LTD	$0	–	-544,091	–	-0.09%	–
LOMA	Exit	LOMA NEGRA CIA IND-SPON ADRsponsored ads	$0	–	-1,348,191	–	-0.10%	–
CARA	Exit	CARA THERAPEUTICS INC	$0	–	-500,581	–	-0.10%	–
PUMP	Exit	PROPETRO HOLDING CORP	$0	–	-742,960	–	-0.10%	–
XEC	Exit	CIMAREX ENERGY CO	$0	–	-132,000	–	-0.10%	–
JD	Exit	JD.COM INC-ADRspon adr cl a	$0	–	-489,892	–	-0.11%	–
AA	Exit	ALCOA CORP	$0	–	-325,000	–	-0.11%	–
MLI	Exit	MUELLER INDUSTRIES INC	$0	–	-460,000	–	-0.11%	–
BRSWQ	Exit	BRISTOW GROUP INC	$0	–	-1,150,000	–	-0.12%	–
PE	Exit	PARSLEY ENERGY INC-CLASS Acl a	$0	–	-478,613	–	-0.12%	–
PDCE	Exit	PDC ENERGY INC	$0	–	-311,648	–	-0.13%	–
BMA	Exit	BANCO MACRO SA-ADRspon adr b	$0	–	-374,834	–	-0.13%	–
REN	Exit	RESOLUTE ENERGY CORP	$0	–	-413,562	–	-0.13%	–
YY	Exit	YY INC-ADR	$0	–	-215,915	–	-0.14%	–
CRZO	Exit	CARRIZO OIL & GAS INC	$0	–	-648,189	–	-0.14%	–
CCXI	Exit	CHEMOCENTRYX INC	$0	–	-1,301,410	–	-0.14%	–
HAL	Exit	HALLIBURTON CO	$0	–	-415,000	–	-0.14%	–
SUPV	Exit	GRUPO SUPERVIELLE SA-SP ADRsponsored adr	$0	–	-2,205,330	–	-0.14%	–
AMZN	Exit	AMAZON.COM INCcall	$0	–	-9,000	–	-0.15%	–
AAPL	Exit	APPLE INCcall	$0	–	-79,800	–	-0.15%	–
EAF	Exit	GRAFTECH INTERNATIONAL LTD	$0	–	-964,024	–	-0.16%	–
GDI	Exit	GARDNER DENVER HOLDINGS INC	$0	–	-675,000	–	-0.16%	–
MPC	Exit	MARATHON PETROLEUM CORP	$0	–	-239,498	–	-0.16%	–
SDRL	Exit	SEADRILL LTD	$0	–	-1,005,151	–	-0.21%	–
VIPS	Exit	VIPSHOP HOLDINGS LTD - ADRsponsored adr	$0	–	-6,118,589	–	-0.32%	–
LN	Exit	LINE CORP-SPONSORED ADRsponsored adr	$0	–	-983,830	–	-0.35%	–
CLDR	Exit	CLOUDERA INC	$0	–	-2,418,679	–	-0.36%	–
CLVS	Exit	CLOVIS ONCOLOGY INC	$0	–	-1,514,940	–	-0.38%	–
QGEN	Exit	QIAGEN N.V.	$0	–	-1,439,020	–	-0.46%	–
INCY	Exit	INCYTE CORP	$0	–	-1,091,414	–	-0.64%	–
MYL	Exit	MYLAN NV	$0	–	-2,356,951	–	-0.73%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-3,148,089	–	-0.91%	–
TSM	Exit	TAIWAN SEMICONDUCTOR-SP ADRsponsored adr	$0	–	-2,656,453	–	-0.99%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-1,307,152	–	-1.10%	–
PVH	Exit	PVH CORP	$0	–	-974,318	–	-1.19%	–
GG	Exit	GOLDCORP INC	$0	–	-15,716,249	–	-1.36%	–
NOW	Exit	SERVICENOW INC	$0	–	-869,460	–	-1.44%	–
SYK	Exit	STRYKER CORP	$0	–	-959,076	–	-1.44%	–
W	Exit	WAYFAIR INC- CLASS Acl a	$0	–	-1,163,392	–	-1.46%	–
GRUB	Exit	GRUBHUB INC	$0	–	-1,271,325	–	-1.49%	–
MA	Exit	MASTERCARD INC - Acl a	$0	–	-802,192	–	-1.51%	–
V	Exit	VISA INC-CLASS A SHARES	$0	–	-1,193,920	–	-1.52%	–
WPM	Exit	WHEATON PRECIOUS METALS CORP	$0	–	-10,424,929	–	-1.55%	–
ANTM	Exit	ANTHEM INC	$0	–	-678,233	–	-1.58%	–
ZAYO	Exit	ZAYO GROUP HOLDINGS INC	$0	–	-5,635,138	–	-1.66%	–
NTR	Exit	NUTRIEN LTD	$0	–	-3,538,019	–	-1.73%	–
NEM	Exit	NEWMONT MINING CORP	$0	–	-6,843,856	–	-1.75%	–
SPOT	Exit	SPOTIFY TECHNOLOGY SA	$0	–	-1,197,374	–	-1.84%	–
CBD	Exit	CIA BRASILEIRA DE DIS-SP PRFspn adr pfd cl a	$0	–	-10,306,919	–	-1.88%	–
COST	Exit	COSTCO WHOLESALE CORP	$0	–	-978,046	–	-1.95%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-431,213	–	-2.10%	–
BAC	Exit	BANK OF AMERICA CORP	$0	–	-8,523,630	–	-2.13%	–
PTC	Exit	PTC INC	$0	–	-2,532,770	–	-2.28%	–
SHOP	Exit	SHOPIFY INC - CLASS Acl a	$0	–	-1,767,151	–	-2.46%	–
CELG	Exit	CELGENE CORP	$0	–	-3,286,266	–	-2.49%	–
NBL	Exit	NOBLE ENERGY INC	$0	–	-9,602,101	–	-2.54%	–
CXO	Exit	CONCHO RESOURCES INC	$0	–	-1,961,312	–	-2.54%	–
YNDX	Exit	YANDEX NV-A	$0	–	-9,212,239	–	-2.57%	–
BDX	Exit	BECTON DICKINSON AND CO	$0	–	-1,222,633	–	-2.70%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-4,075,418	–	-2.87%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-4,861,150	–	-2.89%	–
GOOGL	Exit	ALPHABET INC-CL Acap stk cl a	$0	–	-293,268	–	-3.00%	–
STZ	Exit	CONSTELLATION BRANDS INC-Acl a	$0	–	-1,756,603	–	-3.21%	–
WUBA	Exit	58.COM INC-ADRspon adr rep a	$0	–	-5,328,274	–	-3.32%	–
EA	Exit	ELECTRONIC ARTS INC	$0	–	-3,298,494	–	-3.37%	–
EOG	Exit	EOG RESOURCES INC	$0	–	-3,134,759	–	-3.39%	–
BKNG	Exit	BOOKING HOLDINGS INC	$0	–	-206,366	–	-3.47%	–
FB	Exit	FACEBOOK INC-Acl a	$0	–	-2,696,175	–	-3.76%	–
PXD	Exit	PIONEER NATURAL RESOURCES CO	$0	–	-2,594,940	–	-3.83%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-7,262,498	–	-4.61%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-1,622,989	–	-4.68%	–

Q3 2018

			Value		Shares		↓ Weighting
MELI	Sell	MERCADOLIBRE INC	$552,579,000	-9.4%	1,622,989	-20.4%	4.68%	+3.0%
ICE	Sell	INTERCONTINENTAL EXCHANGE IN	$543,888,000	-7.6%	7,262,498	-9.2%	4.61%	+5.1%
PXD	Sell	PIONEER NATURAL RESOURCES CO	$452,013,000	-20.4%	2,594,940	-13.6%	3.83%	-9.6%
FB	Sell	FACEBOOK INC-Acl a	$443,413,000	-28.5%	2,696,175	-15.5%	3.76%	-18.7%
BKNG	Buy	BOOKING HOLDINGS INC	$409,430,000	+103.3%	206,366	+107.7%	3.47%	+131.0%
EOG	Sell	EOG RESOURCES INC	$399,901,000	-25.8%	3,134,759	-27.6%	3.39%	-15.7%
EA	Buy	ELECTRONIC ARTS INC	$397,436,000	+45.6%	3,298,494	+70.4%	3.37%	+65.5%
WUBA	Sell	58.COM INC-ADRspon adr rep a	$392,161,000	-6.8%	5,328,274	-12.2%	3.32%	+5.9%
STZ	Buy	CONSTELLATION BRANDS INC-Acl a	$378,759,000	+59.1%	1,756,603	+61.5%	3.21%	+80.8%
GOOGL	New	ALPHABET INC-CL Acap stk cl a	$353,998,000	–	293,268	–	3.00%	–
TMUS	Sell	T-MOBILE US INC	$341,156,000	-11.4%	4,861,150	-24.6%	2.89%	+0.7%
ATVI	Sell	ACTIVISION BLIZZARD INC	$339,034,000	-21.9%	4,075,418	-28.4%	2.87%	-11.3%
BDX	Buy	BECTON DICKINSON AND CO	$319,107,000	+162.4%	1,222,633	+140.8%	2.70%	+198.2%
YNDX	Buy	YANDEX NV-A	$302,991,000	-1.2%	9,212,239	+7.8%	2.57%	+12.2%
CXO	Sell	CONCHO RESOURCES INC	$299,590,000	-7.5%	1,961,312	-16.2%	2.54%	+5.1%
NBL	Sell	NOBLE ENERGY INC	$299,490,000	-21.3%	9,602,101	-11.0%	2.54%	-10.6%
CELG	Sell	CELGENE CORP	$294,088,000	+12.2%	3,286,266	-0.4%	2.49%	+27.5%
SHOP	Buy	SHOPIFY INC - CLASS Acl a	$290,626,000	+16.5%	1,767,151	+3.4%	2.46%	+32.4%
PTC	Sell	PTC INC	$268,955,000	+1.3%	2,532,770	-10.5%	2.28%	+15.2%
BAC	Sell	BANK OF AMERICA CORP	$251,106,000	+4.2%	8,523,630	-0.3%	2.13%	+18.4%
ISRG	Sell	INTUITIVE SURGICAL INC	$247,516,000	-19.4%	431,213	-32.8%	2.10%	-8.4%
COST	Sell	COSTCO WHOLESALE CORP	$229,723,000	+11.9%	978,046	-0.4%	1.95%	+27.2%
CBD	Sell	CIA BRASILEIRA DE DIS-SP PRFspn adr pfd cl a	$221,393,000	+5.5%	10,306,919	-1.9%	1.88%	+19.9%
SPOT	Sell	SPOTIFY TECHNOLOGY SA	$216,521,000	+7.1%	1,197,374	-0.4%	1.84%	+21.7%
NEM	Sell	NEWMONT MINING CORP	$206,684,000	-56.3%	6,843,856	-45.5%	1.75%	-50.4%
NTR	Sell	NUTRIEN LTD	$204,144,000	-16.7%	3,538,019	-21.5%	1.73%	-5.4%
ZAYO	Buy	ZAYO GROUP HOLDINGS INC	$195,652,000	+12.1%	5,635,138	+17.8%	1.66%	+27.3%
ANTM	New	ANTHEM INC	$185,870,000	–	678,233	–	1.58%	–
WPM	Sell	WHEATON PRECIOUS METALS CORP	$182,436,000	-38.0%	10,424,929	-21.9%	1.55%	-29.6%
V	Sell	VISA INC-CLASS A SHARES	$179,195,000	-4.5%	1,193,920	-15.7%	1.52%	+8.6%
MA	Sell	MASTERCARD INC - Acl a	$178,576,000	-4.2%	802,192	-15.4%	1.51%	+8.9%
GRUB	Sell	GRUBHUB INC	$176,231,000	-6.8%	1,271,325	-29.4%	1.49%	+6.0%
W	Sell	WAYFAIR INC- CLASS Acl a	$171,798,000	-48.3%	1,163,392	-58.4%	1.46%	-41.3%
SYK	Sell	STRYKER CORP	$170,409,000	-36.8%	959,076	-40.0%	1.44%	-28.2%
NOW	Sell	SERVICENOW INC	$170,092,000	-26.9%	869,460	-35.5%	1.44%	-16.8%
GG	Sell	GOLDCORP INC	$160,306,000	-54.9%	15,716,249	-39.4%	1.36%	-48.8%
PVH	New	PVH CORP	$140,692,000	–	974,318	–	1.19%	–
ALB	Sell	ALBEMARLE CORP	$130,428,000	+5.4%	1,307,152	-0.4%	1.10%	+19.7%
TSM	Sell	TAIWAN SEMICONDUCTOR-SP ADRsponsored adr	$117,309,000	+18.1%	2,656,453	-2.2%	0.99%	+34.1%
AEM	Sell	AGNICO EAGLE MINES LTD	$107,665,000	-51.7%	3,148,089	-35.3%	0.91%	-45.1%
MYL	New	MYLAN NV	$86,264,000	–	2,356,951	–	0.73%	–
INCY	Sell	INCYTE CORP	$75,395,000	+2.7%	1,091,414	-0.4%	0.64%	+16.6%
QGEN	Sell	QIAGEN N.V.	$54,510,000	-37.0%	1,439,020	-39.9%	0.46%	-28.5%
CLVS	Sell	CLOVIS ONCOLOGY INC	$44,494,000	-35.7%	1,514,940	-0.4%	0.38%	-26.9%
CLDR	Sell	CLOUDERA INC	$42,690,000	+27.6%	2,418,679	-1.4%	0.36%	+44.8%
LN	Sell	LINE CORP-SPONSORED ADRsponsored adr	$41,449,000	-12.3%	983,830	-14.5%	0.35%	-0.6%
VIPS	Buy	VIPSHOP HOLDINGS LTD - ADRsponsored adr	$38,180,000	-36.1%	6,118,589	+11.0%	0.32%	-27.4%
SDRL	New	SEADRILL LTD	$24,908,000	–	1,005,151	–	0.21%	–
MPC	Sell	MARATHON PETROLEUM CORP	$19,153,000	-10.5%	239,498	-21.5%	0.16%	+1.2%
EAF	Sell	GRAFTECH INTERNATIONAL LTD	$18,808,000	+4.5%	964,024	-3.6%	0.16%	+18.7%
AMZN	New	AMAZON.COM INCcall	$18,027,000	–	9,000	–	0.15%	–
AAPL	New	APPLE INCcall	$18,014,000	–	79,800	–	0.15%	–
SUPV	Sell	GRUPO SUPERVIELLE SA-SP ADRsponsored adr	$16,915,000	-31.0%	2,205,330	-4.8%	0.14%	-21.9%
CCXI	Buy	CHEMOCENTRYX INC	$16,450,000	+21.7%	1,301,410	+26.8%	0.14%	+37.6%
CRZO	Sell	CARRIZO OIL & GAS INC	$16,334,000	-34.7%	648,189	-27.9%	0.14%	-26.2%
YY	Buy	YY INC-ADR	$16,176,000	-7.9%	215,915	+23.5%	0.14%	+4.6%
REN	Sell	RESOLUTE ENERGY CORP	$15,637,000	-7.2%	413,562	-23.4%	0.13%	+5.6%
BMA	Sell	BANCO MACRO SA-ADRspon adr b	$15,507,000	-90.3%	374,834	-86.3%	0.13%	-89.1%
PDCE	Buy	PDC ENERGY INC	$15,258,000	+5.2%	311,648	+29.9%	0.13%	+19.4%
PE	Buy	PARSLEY ENERGY INC-CLASS Acl a	$13,999,000	+23.3%	478,613	+27.6%	0.12%	+40.0%
JD	New	JD.COM INC-ADRspon adr cl a	$12,781,000	–	489,892	–	0.11%	–
PUMP	Sell	PROPETRO HOLDING CORP	$12,251,000	-17.8%	742,960	-21.8%	0.10%	-6.3%
CARA	Sell	CARA THERAPEUTICS INC	$11,989,000	+3.6%	500,581	-17.2%	0.10%	+18.6%
LOMA	Buy	LOMA NEGRA CIA IND-SPON ADRsponsored ads	$11,918,000	-8.9%	1,348,191	+5.8%	0.10%	+3.1%
GPRK	Sell	GEOPARK LTD	$11,099,000	-22.7%	544,091	-21.8%	0.09%	-12.1%
PSX	Buy	PHILLIPS 66	$10,888,000	+7.7%	96,591	+7.3%	0.09%	+22.7%
SM	Sell	SM ENERGY CO	$10,580,000	-64.0%	335,554	-70.7%	0.09%	-58.9%
AFMD	New	AFFIMED NV	$9,407,000	–	2,162,471	–	0.08%	–
ELAN	New	ELANCO ANIMAL HEALTH INC	$9,487,000	–	271,900	–	0.08%	–
RGNX	Buy	REGENXBIO INC	$8,404,000	+50.2%	111,306	+42.7%	0.07%	+69.0%
STLD	Buy	STEEL DYNAMICS INC	$7,544,000	+9.6%	166,938	+11.4%	0.06%	+25.5%
CRESY	Sell	CRESUD S.A.-SPONS ADRsponsored adr	$7,153,000	-34.8%	505,157	-31.7%	0.06%	-25.6%
TGS	Sell	TRANSPORTADOR GAS SUR-SP Bspon adr b	$6,810,000	-20.0%	469,006	-33.1%	0.06%	-9.4%
ARCO	Sell	ARCOS DORADOS HOLDINGS INC-A	$6,159,000	-11.7%	985,506	-1.8%	0.05%	0.0%
NOV	New	NATIONAL OILWELL VARCO INC	$1,077,000	–	25,000	–	0.01%	–
CRZO	Exit	CARRIZO OIL & GAS INCput	$0	–	-100,000	–	-0.02%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC-Acl a	$0	–	-75,590	–	-0.02%	–
BITA	Exit	BITAUTO HOLDINGS LTD-ADRsponsored ads	$0	–	-129,462	–	-0.02%	–
ZUO	Exit	ZUORA INC - CLASS A	$0	–	-119,600	–	-0.02%	–
PDCE	Exit	PDC ENERGY INCcall	$0	–	-100,000	–	-0.04%	–
SM	Exit	SM ENERGY COput	$0	–	-300,000	–	-0.06%	–
SM	Exit	SM ENERGY COcall	$0	–	-300,000	–	-0.06%	–
BSMX	Exit	BANCO SANTANDER MEXICO -ADRsponsored adr b	$0	–	-2,975,900	–	-0.15%	–
CHKP	Exit	CHECK POINT SOFTWARE TECHord	$0	–	-233,923	–	-0.17%	–
TLND	Exit	TALEND SA - ADRads	$0	–	-477,067	–	-0.22%	–
PAM	Exit	PAMPA ENERGIA SA-SPON ADRspons adr lvl i	$0	–	-2,941,761	–	-0.78%	–
GGAL	Exit	GRUPO FINANCIERO GALICIA-ADRsp adr 10 sh b	$0	–	-4,814,185	–	-1.18%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-2,682,423	–	-1.29%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-330,481	–	-4.19%	–

Q2 2018

			Value		Shares		↓ Weighting
FB	New	FACEBOOK INC-Acl a	$619,951,000	–	3,190,362	–	4.62%	–
MELI	New	MERCADOLIBRE INC	$609,606,000	–	2,039,293	–	4.55%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$588,333,000	–	7,999,088	–	4.39%	–
PXD	New	PIONEER NATURAL RESOURCES CO	$568,071,000	–	3,001,855	–	4.24%	–
AMZN	New	AMAZON.COM INC	$561,752,000	–	330,481	–	4.19%	–
EOG	New	EOG RESOURCES INC	$539,091,000	–	4,332,485	–	4.02%	–
NEM	New	NEWMONT MINING CORP	$473,338,000	–	12,552,053	–	3.53%	–
ATVI	New	ACTIVISION BLIZZARD INC	$434,326,000	–	5,690,860	–	3.24%	–
WUBA	New	58.COM INC-ADRspon adr rep a	$420,652,000	–	6,066,518	–	3.14%	–
TMUS	New	T-MOBILE US INC	$384,983,000	–	6,443,223	–	2.87%	–
NBL	New	NOBLE ENERGY INC	$380,484,000	–	10,784,697	–	2.84%	–
GG	New	GOLDCORP INC	$355,562,000	–	25,934,466	–	2.65%	–
W	New	WAYFAIR INC- CLASS Acl a	$332,350,000	–	2,798,499	–	2.48%	–
CXO	New	CONCHO RESOURCES INC	$323,861,000	–	2,340,881	–	2.42%	–
ISRG	New	INTUITIVE SURGICAL INC	$307,024,000	–	641,665	–	2.29%	–
YNDX	New	YANDEX NV-A	$306,721,000	–	8,543,751	–	2.29%	–
WPM	New	WHEATON PRECIOUS METALS CORP	$294,382,000	–	13,344,622	–	2.20%	–
EA	New	ELECTRONIC ARTS INC	$272,994,000	–	1,935,852	–	2.04%	–
SYK	New	STRYKER CORP	$269,763,000	–	1,597,556	–	2.01%	–
PTC	New	PTC INC	$265,475,000	–	2,829,925	–	1.98%	–
CELG	New	CELGENE CORP	$262,139,000	–	3,300,666	–	1.96%	–
SHOP	New	SHOPIFY INC - CLASS Acl a	$249,409,000	–	1,709,569	–	1.86%	–
NTR	New	NUTRIEN LTD	$245,107,000	–	4,507,298	–	1.83%	–
BAC	New	BANK OF AMERICA CORP	$241,073,000	–	8,551,730	–	1.80%	–
STZ	New	CONSTELLATION BRANDS INC-Acl a	$238,011,000	–	1,087,452	–	1.78%	–
NOW	New	SERVICENOW INC	$232,525,000	–	1,348,208	–	1.73%	–
AEM	New	AGNICO EAGLE MINES LTD	$222,988,000	–	4,865,536	–	1.66%	–
CBD	New	CIA BRASILEIRA DE DIS-SP PRFspn adr pfd cl a	$209,827,000	–	10,501,867	–	1.56%	–
COST	New	COSTCO WHOLESALE CORP	$205,249,000	–	982,146	–	1.53%	–
SPOT	New	SPOTIFY TECHNOLOGY SA	$202,220,000	–	1,201,974	–	1.51%	–
BKNG	New	BOOKING HOLDINGS INC	$201,412,000	–	99,360	–	1.50%	–
GRUB	New	GRUBHUB INC	$188,997,000	–	1,801,511	–	1.41%	–
V	New	VISA INC-CLASS A SHARES	$187,610,000	–	1,416,456	–	1.40%	–
MA	New	MASTERCARD INC - Acl a	$186,386,000	–	948,435	–	1.39%	–
ZAYO	New	ZAYO GROUP HOLDINGS INC	$174,553,000	–	4,784,897	–	1.30%	–
CVS	New	CVS HEALTH CORP	$172,614,000	–	2,682,423	–	1.29%	–
BMA	New	BANCO MACRO SA-ADRspon adr b	$160,490,000	–	2,729,891	–	1.20%	–
GGAL	New	GRUPO FINANCIERO GALICIA-ADRsp adr 10 sh b	$158,772,000	–	4,814,185	–	1.18%	–
ALB	New	ALBEMARLE CORP	$123,794,000	–	1,312,352	–	0.92%	–
BDX	New	BECTON DICKINSON AND CO	$121,632,000	–	507,732	–	0.91%	–
PAM	New	PAMPA ENERGIA SA-SPON ADRspons adr lvl i	$105,227,000	–	2,941,761	–	0.78%	–
TSM	New	TAIWAN SEMICONDUCTOR-SP ADRsponsored adr	$99,341,000	–	2,717,214	–	0.74%	–
QGEN	New	QIAGEN N.V.	$86,575,000	–	2,394,231	–	0.65%	–
INCY	New	INCYTE CORP	$73,440,000	–	1,096,114	–	0.55%	–
CLVS	New	CLOVIS ONCOLOGY INC	$69,180,000	–	1,521,440	–	0.52%	–
VIPS	New	VIPSHOP HOLDINGS LTD - ADRsponsored adr	$59,788,000	–	5,510,418	–	0.45%	–
LN	New	LINE CORP-SPONSORED ADRsponsored adr	$47,282,000	–	1,151,246	–	0.35%	–
CLDR	New	CLOUDERA INC	$33,467,000	–	2,453,579	–	0.25%	–
TLND	New	TALEND SA - ADRads	$29,712,000	–	477,067	–	0.22%	–
SM	New	SM ENERGY CO	$29,381,000	–	1,143,664	–	0.22%	–
CRZO	New	CARRIZO OIL & GAS INC	$25,021,000	–	898,407	–	0.19%	–
SUPV	New	GRUPO SUPERVIELLE SA-SP ADRsponsored adr	$24,501,000	–	2,315,779	–	0.18%	–
CHKP	New	CHECK POINT SOFTWARE TECHord	$22,850,000	–	233,923	–	0.17%	–
MPC	New	MARATHON PETROLEUM CORP	$21,399,000	–	305,000	–	0.16%	–
BSMX	New	BANCO SANTANDER MEXICO -ADRsponsored adr b	$19,909,000	–	2,975,900	–	0.15%	–
GDI	New	GARDNER DENVER HOLDINGS INC	$19,838,000	–	675,000	–	0.15%	–
HAL	New	HALLIBURTON CO	$18,700,000	–	415,000	–	0.14%	–
EAF	New	GRAFTECH INTERNATIONAL LTD	$17,990,000	–	1,000,000	–	0.13%	–
YY	New	YY INC-ADR	$17,567,000	–	174,850	–	0.13%	–
REN	New	RESOLUTE ENERGY CORP	$16,848,000	–	540,000	–	0.13%	–
BRSWQ	New	BRISTOW GROUP INC	$16,227,000	–	1,150,000	–	0.12%	–
AA	New	ALCOA CORP	$15,236,000	–	325,000	–	0.11%	–
PUMP	New	PROPETRO HOLDING CORP	$14,896,000	–	950,000	–	0.11%	–
PDCE	New	PDC ENERGY INC	$14,508,000	–	240,000	–	0.11%	–
GPRK	New	GEOPARK LTD	$14,361,000	–	695,803	–	0.11%	–
CCXI	New	CHEMOCENTRYX INC	$13,514,000	–	1,026,137	–	0.10%	–
MLI	New	MUELLER INDUSTRIES INC	$13,575,000	–	460,000	–	0.10%	–
XEC	New	CIMAREX ENERGY CO	$13,430,000	–	132,000	–	0.10%	–
LOMA	New	LOMA NEGRA CIA IND-SPON ADRsponsored ads	$13,078,000	–	1,274,676	–	0.10%	–
CARA	New	CARA THERAPEUTICS INC	$11,572,000	–	604,272	–	0.09%	–
PE	New	PARSLEY ENERGY INC-CLASS Acl a	$11,355,000	–	375,000	–	0.08%	–
CRESY	New	CRESUD S.A.-SPONS ADRsponsored adr	$10,966,000	–	739,964	–	0.08%	–
PSX	New	PHILLIPS 66	$10,108,000	–	90,000	–	0.08%	–
DAR	New	DARLING INGREDIENTS INC	$9,306,000	–	468,101	–	0.07%	–
MTZ	New	MASTEC INC	$9,135,000	–	180,000	–	0.07%	–
TGS	New	TRANSPORTADOR GAS SUR-SP Bspon adr b	$8,517,000	–	701,552	–	0.06%	–
SAVE	New	SPIRIT AIRLINES INC	$8,426,000	–	231,793	–	0.06%	–
SM	New	SM ENERGY COcall	$7,707,000	–	300,000	–	0.06%	–
SM	New	SM ENERGY COput	$7,707,000	–	300,000	–	0.06%	–
ARCO	New	ARCOS DORADOS HOLDINGS INC-A	$6,978,000	–	1,004,058	–	0.05%	–
STLD	New	STEEL DYNAMICS INC	$6,883,000	–	149,793	–	0.05%	–
RES	New	RPC INC	$6,848,000	–	470,000	–	0.05%	–
TECK	New	TECK RESOURCES LTD-CLS Bcl b	$6,611,000	–	259,783	–	0.05%	–
PDCE	New	PDC ENERGY INCcall	$6,045,000	–	100,000	–	0.04%	–
RGNX	New	REGENXBIO INC	$5,597,000	–	78,001	–	0.04%	–
ZUO	New	ZUORA INC - CLASS A	$3,253,000	–	119,600	–	0.02%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC-Acl a	$3,099,000	–	75,590	–	0.02%	–
BITA	New	BITAUTO HOLDINGS LTD-ADRsponsored ads	$3,079,000	–	129,462	–	0.02%	–
CRZO	New	CARRIZO OIL & GAS INCput	$2,785,000	–	100,000	–	0.02%	–

Q4 2017

			Value		Shares		↓ Weighting
KOS	Exit	KOSMOS ENERGY LTDcall	$0	–	-200,000	–	-0.01%	–
TSLA	Exit	TESLA INCput	$0	–	-20,000	–	-0.05%	–
PXD	Exit	PIONEER NATURAL RESOURCES COcall	$0	–	-50,000	–	-0.06%	–
DESP	Exit	DESPEGAR.COM CORP	$0	–	-250,000	–	-0.06%	–
NBL	Exit	NOBLE ENERGY INCput	$0	–	-300,000	–	-0.06%	–
DAR	Exit	DARLING INGREDIENTS INC	$0	–	-490,000	–	-0.07%	–
CNX	Exit	CONSOL ENERGY INC	$0	–	-510,000	–	-0.07%	–
MTZ	Exit	MASTEC INC	$0	–	-190,000	–	-0.07%	–
NVDA	Exit	NVIDIA CORPput	$0	–	-50,000	–	-0.07%	–
CRESY	Exit	CRESUD S.A.-SPONS ADRsponsored adr	$0	–	-495,345	–	-0.07%	–
VIPS	Exit	VIPSHOP HOLDINGS LTD - ADRsponsored adr	$0	–	-1,112,645	–	-0.08%	–
MLI	Exit	MUELLER INDUSTRIES INC	$0	–	-280,000	–	-0.08%	–
NUE	Exit	NUCOR CORP	$0	–	-180,000	–	-0.08%	–
ATI	Exit	ALLEGHENY TECHNOLOGIES INC	$0	–	-430,000	–	-0.08%	–
XEC	Exit	CIMAREX ENERGY CO	$0	–	-90,000	–	-0.08%	–
ARCO	Exit	ARCOS DORADOS HOLDINGS INC-A	$0	–	-1,039,585	–	-0.08%	–
YY	Exit	YY INC-ADR	$0	–	-122,569	–	-0.08%	–
TECK	Exit	TECK RESOURCES LTD-CLS Bcl b	$0	–	-525,000	–	-0.08%	–
RES	Exit	RPC INC	$0	–	-465,000	–	-0.09%	–
PE	Exit	PARSLEY ENERGY INC-CLASS Acl a	$0	–	-450,000	–	-0.09%	–
RGLD	Exit	ROYAL GOLD INC	$0	–	-137,000	–	-0.09%	–
PDCE	Exit	PDC ENERGY INC	$0	–	-280,000	–	-0.11%	–
NBL	Exit	NOBLE ENERGY INCcall	$0	–	-500,000	–	-0.11%	–
PXD	Exit	PIONEER NATURAL RESOURCES COput	$0	–	-100,000	–	-0.11%	–
OASPQ	Exit	OASIS PETROLEUM INC	$0	–	-1,680,000	–	-0.12%	–
ZTO	Exit	ZTO EXPRESS CAYMAN INC-ADRsponsored adr	$0	–	-1,229,196	–	-0.13%	–
AA	Exit	ALCOA CORP	$0	–	-380,000	–	-0.14%	–
GDI	Exit	GARDNER DENVER HOLDINGS INC	$0	–	-670,000	–	-0.14%	–
LILA	Exit	LIBERTY GLOBAL PLC LILAC - A	$0	–	-848,426	–	-0.16%	–
MEOH	Exit	METHANEX CORP	$0	–	-415,000	–	-0.16%	–
BIDU	Exit	BAIDU INC - SPON ADRspon adr rep a	$0	–	-85,694	–	-0.16%	–
HAL	Exit	HALLIBURTON CO	$0	–	-500,000	–	-0.18%	–
TLND	Exit	TALEND SA - ADRads	$0	–	-586,269	–	-0.18%	–
GGAL	Exit	GRUPO FINANCIERO GALICIA-ADRsp adr 10 sh b	$0	–	-800,000	–	-0.32%	–
LVS	Exit	LAS VEGAS SANDS CORP	$0	–	-649,658	–	-0.32%	–
BSMX	Exit	GRUPO FIN SANTANDER-ADR B	$0	–	-4,486,361	–	-0.35%	–
CHKP	Exit	CHECK POINT SOFTWARE TECHord	$0	–	-406,399	–	-0.36%	–
LN	Exit	LINE CORP-SPONSORED ADRsponsored adr	$0	–	-1,376,724	–	-0.38%	–
SUPV	Exit	GRUPO SUPERVIELLE SA-SP ADRsponsored adr	$0	–	-2,510,723	–	-0.48%	–
CRTO	Exit	CRITEO SA-SPON ADRspons ads	$0	–	-1,786,158	–	-0.57%	–
BITA	Exit	BITAUTO HOLDINGS LTD-ADRsponsored ads	$0	–	-2,154,660	–	-0.74%	–
NVDA	Exit	NVIDIA CORP	$0	–	-685,644	–	-0.94%	–
TSM	Exit	TAIWAN SEMICONDUCTOR-SP ADRsponsored adr	$0	–	-3,385,766	–	-0.98%	–
ZAYO	Exit	ZAYO GROUP HOLDINGS INC	$0	–	-5,196,674	–	-1.38%	–
SPLK	Exit	SPLUNK INC	$0	–	-2,983,480	–	-1.52%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-227,833	–	-1.68%	–
POT	Exit	POTASH CORP OF SASKATCHEWAN	$0	–	-12,299,830	–	-1.82%	–
CBD	Exit	CIA BRASILEIRA DE DIS-SP PRFspn adr pfd cl a	$0	–	-10,640,519	–	-1.94%	–
WPM	Exit	WHEATON PRECIOUS METALS CORP	$0	–	-13,512,084	–	-1.98%	–
GRUB	Exit	GRUBHUB INC	$0	–	-5,233,974	–	-2.12%	–
TRIP	Exit	TRIPADVISOR INC	$0	–	-6,851,065	–	-2.14%	–
WUBA	Exit	58.COM INC-ADRspon adr rep a	$0	–	-5,172,323	–	-2.51%	–
BMA	Exit	BANCO MACRO SA-ADRspon adr b	$0	–	-2,865,692	–	-2.59%	–
CXO	Exit	CONCHO RESOURCES INC	$0	–	-2,663,795	–	-2.70%	–
NBL	Exit	NOBLE ENERGY INC	$0	–	-12,625,683	–	-2.75%	–
V	Exit	VISA INC-CLASS A SHARES	$0	–	-3,420,740	–	-2.77%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-5,844,199	–	-2.77%	–
MA	Exit	MASTERCARD INC - Acl a	$0	–	-2,636,403	–	-2.86%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-5,920,188	–	-2.94%	–
GG	Exit	GOLDCORP INC	$0	–	-30,505,522	–	-3.04%	–
BAC	Exit	BANK OF AMERICA CORP	$0	–	-16,486,731	–	-3.21%	–
APC	Exit	ANADARKO PETROLEUM CORP	$0	–	-8,951,103	–	-3.36%	–
EOG	Exit	EOG RESOURCES INC	$0	–	-4,573,922	–	-3.40%	–
NOW	Exit	SERVICENOW INC	$0	–	-3,807,150	–	-3.44%	–
PXD	Exit	PIONEER NATURAL RESOURCES CO	$0	–	-3,388,756	–	-3.84%	–
CX	Exit	CEMEX SAB-SPONS ADR PART CERspon adr new	$0	–	-60,765,076	–	-4.24%	–
NEM	Exit	NEWMONT MINING CORP	$0	–	-15,346,347	–	-4.43%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-2,426,208	–	-4.83%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-10,375,555	–	-5.48%	–
FB	Exit	FACEBOOK INC-Acl a	$0	–	-5,416,388	–	-7.12%	–
CELG	Exit	CELGENE CORP	$0	–	-7,595,821	–	-8.52%	–

Q3 2017

			Value		Shares		↓ Weighting
FB	Buy	FACEBOOK INC-Acl a	$925,498,000	+31.1%	5,416,388	+15.9%	7.12%	+24.3%
MELI	Buy	MERCADOLIBRE INC	$628,218,000	+9.7%	2,426,208	+6.3%	4.83%	+4.0%
NEM	Buy	NEWMONT MINING CORP	$575,641,000	+25.1%	15,346,347	+8.0%	4.43%	+18.6%
PXD	Buy	PIONEER NATURAL RESOURCES CO	$499,977,000	+3.4%	3,388,756	+11.9%	3.84%	-2.0%
NOW	Sell	SERVICENOW INC	$447,454,000	+9.3%	3,807,150	-1.4%	3.44%	+3.6%
EOG	Buy	EOG RESOURCES INC	$442,481,000	+13.4%	4,573,922	+6.1%	3.40%	+7.5%
APC	Sell	ANADARKO PETROLEUM CORP	$437,261,000	+2.2%	8,951,103	-5.2%	3.36%	-3.1%
GG	Buy	GOLDCORP INC	$395,352,000	+12.0%	30,505,522	+11.6%	3.04%	+6.2%
ATVI	Buy	ACTIVISION BLIZZARD INC	$381,911,000	+12.6%	5,920,188	+0.5%	2.94%	+6.7%
MA	Sell	MASTERCARD INC - Acl a	$372,260,000	+9.9%	2,636,403	-5.5%	2.86%	+4.1%
TMUS	Buy	T-MOBILE US INC	$360,353,000	+34.3%	5,844,199	+32.1%	2.77%	+27.3%
V	Sell	VISA INC-CLASS A SHARES	$359,999,000	+8.8%	3,420,740	-3.0%	2.77%	+3.2%
NBL	Buy	NOBLE ENERGY INC	$358,064,000	+7.6%	12,625,683	+7.4%	2.75%	+2.0%
CXO	Buy	CONCHO RESOURCES INC	$350,875,000	+16.7%	2,663,795	+7.6%	2.70%	+10.6%
BMA	Buy	BANCO MACRO SA-ADRspon adr b	$336,289,000	+108.8%	2,865,692	+64.1%	2.59%	+98.0%
WUBA	Buy	58.COM INC-ADRspon adr rep a	$326,580,000	+1625.6%	5,172,323	+1105.5%	2.51%	+1530.5%
TRIP	Buy	TRIPADVISOR INC	$277,674,000	+16.0%	6,851,065	+9.4%	2.14%	+10.0%
GRUB	Buy	GRUBHUB INC	$275,621,000	+27.0%	5,233,974	+5.2%	2.12%	+20.4%
CBD	Sell	CIA BRASILEIRA DE DIS-SP PRFspn adr pfd cl a	$251,861,000	+12.0%	10,640,519	-7.5%	1.94%	+6.2%
AMZN	Sell	AMAZON.COM INC	$219,027,000	-33.9%	227,833	-33.4%	1.68%	-37.4%
SPLK	New	SPLUNK INC	$198,193,000	–	2,983,480	–	1.52%	–
ZAYO	Buy	ZAYO GROUP HOLDINGS INC	$178,870,000	+18.9%	5,196,674	+6.7%	1.38%	+12.7%
NVDA	Sell	NVIDIA CORP	$122,573,000	-16.9%	685,644	-32.8%	0.94%	-21.2%
BITA	Buy	BITAUTO HOLDINGS LTD-ADRsponsored ads	$96,270,000	+1241.2%	2,154,660	+763.0%	0.74%	+1175.9%
CRTO	Sell	CRITEO SA-SPON ADRspons ads	$74,126,000	-15.5%	1,786,158	-0.1%	0.57%	-19.9%
SUPV	Buy	GRUPO SUPERVIELLE SA-SP ADRsponsored adr	$61,990,000	+602.5%	2,510,723	+414.4%	0.48%	+562.5%
CHKP	Sell	CHECK POINT SOFTWARE TECHord	$46,338,000	-8.6%	406,399	-12.6%	0.36%	-13.4%
GGAL	New	GRUPO FINANCIERO GALICIA-ADRsp adr 10 sh b	$41,232,000	–	800,000	–	0.32%	–
HAL	Buy	HALLIBURTON CO	$23,015,000	+12.3%	500,000	+4.2%	0.18%	+6.6%
BIDU	Sell	BAIDU INC - SPON ADRspon adr rep a	$21,226,000	-16.6%	85,694	-39.7%	0.16%	-20.9%
MEOH	Sell	METHANEX CORP	$20,875,000	-0.0%	415,000	-12.4%	0.16%	-4.7%
LILA	Sell	LIBERTY GLOBAL PLC LILAC - A	$20,159,000	-4.0%	848,426	-12.0%	0.16%	-8.8%
GDI	Buy	GARDNER DENVER HOLDINGS INC	$18,438,000	+105.6%	670,000	+61.4%	0.14%	+94.5%
AA	Buy	ALCOA CORP	$17,716,000	+59.6%	380,000	+11.8%	0.14%	+51.1%
ZTO	Sell	ZTO EXPRESS CAYMAN INC-ADRsponsored adr	$17,258,000	-50.7%	1,229,196	-51.0%	0.13%	-53.2%
OASPQ	Buy	OASIS PETROLEUM INC	$15,322,000	+14.7%	1,680,000	+1.2%	0.12%	+9.3%
PXD	New	PIONEER NATURAL RESOURCES COput	$14,754,000	–	100,000	–	0.11%	–
NBL	New	NOBLE ENERGY INCcall	$14,180,000	–	500,000	–	0.11%	–
PDCE	Buy	PDC ENERGY INC	$13,728,000	+51.6%	280,000	+33.3%	0.11%	+45.2%
PE	Buy	PARSLEY ENERGY INC-CLASS Acl a	$11,853,000	+25.6%	450,000	+32.4%	0.09%	+18.2%
RGLD	Sell	ROYAL GOLD INC	$11,787,000	+4.0%	137,000	-5.5%	0.09%	-1.1%
TECK	Buy	TECK RESOURCES LTD-CLS Bcl b	$11,072,000	+35.9%	525,000	+11.7%	0.08%	+28.8%
YY	Sell	YY INC-ADR	$10,637,000	-28.1%	122,569	-51.9%	0.08%	-31.7%
ARCO	New	ARCOS DORADOS HOLDINGS INC-A	$10,448,000	–	1,039,585	–	0.08%	–
ATI	Buy	ALLEGHENY TECHNOLOGIES INC	$10,277,000	+90.6%	430,000	+35.6%	0.08%	+79.5%
XEC	New	CIMAREX ENERGY CO	$10,230,000	–	90,000	–	0.08%	–
NUE	Buy	NUCOR CORP	$10,087,000	+2.5%	180,000	+5.9%	0.08%	-2.5%
VIPS	New	VIPSHOP HOLDINGS LTD - ADRsponsored adr	$9,780,000	–	1,112,645	–	0.08%	–
MLI	Buy	MUELLER INDUSTRIES INC	$9,786,000	+27.5%	280,000	+11.1%	0.08%	+21.0%
CRESY	Buy	CRESUD S.A.-SPONS ADRsponsored adr	$9,248,000	+3.0%	495,345	+7.3%	0.07%	-2.7%
NVDA	New	NVIDIA CORPput	$8,939,000	–	50,000	–	0.07%	–
MTZ	Buy	MASTEC INC	$8,816,000	+8.5%	190,000	+5.6%	0.07%	+3.0%
DAR	Sell	DARLING INGREDIENTS INC	$8,585,000	+3.9%	490,000	-6.7%	0.07%	-1.5%
CNX	Sell	CONSOL ENERGY INC	$8,639,000	+2.3%	510,000	-9.7%	0.07%	-2.9%
NBL	New	NOBLE ENERGY INCput	$8,508,000	–	300,000	–	0.06%	–
DESP	New	DESPEGAR.COM CORP	$8,000,000	–	250,000	–	0.06%	–
PXD	New	PIONEER NATURAL RESOURCES COcall	$7,377,000	–	50,000	–	0.06%	–
TSLA	New	TESLA INCput	$6,822,000	–	20,000	–	0.05%	–
KOS	New	KOSMOS ENERGY LTDcall	$1,592,000	–	200,000	–	0.01%	–
MON	Exit	MONSANTO CO	$0	–	-35,918	–	-0.03%	–
APC	Exit	ANADARKO PETROLEUM CORPcall	$0	–	-100,000	–	-0.04%	–
APC	Exit	ANADARKO PETROLEUM CORPput	$0	–	-100,000	–	-0.04%	–
WFTIQ	Exit	WEATHERFORD INTERNATIONAL PL	$0	–	-1,700,000	–	-0.05%	–
SINA	Exit	SINA CORPord	$0	–	-104,896	–	-0.07%	–
TARO	Exit	TARO PHARMACEUTICAL INDUS	$0	–	-147,639	–	-0.13%	–
CHTR	Exit	CHARTER COMMUNICATIONS INC-Acl a	$0	–	-85,580	–	-0.23%	–
NTES	Exit	NETEASE INC-ADRsponsored adr	$0	–	-101,013	–	-0.25%	–
CF	Exit	CF INDUSTRIES HOLDINGS INC	$0	–	-1,385,208	–	-0.31%	–
INFY	Exit	INFOSYS LTD-SP ADRsponsored adr	$0	–	-2,725,737	–	-0.33%	–
UAL	Exit	UNITED CONTINENTAL HOLDINGS	$0	–	-1,380,202	–	-0.84%	–
LUV	Exit	SOUTHWEST AIRLINES CO	$0	–	-2,224,851	–	-1.12%	–
DAL	Exit	DELTA AIR LINES INC	$0	–	-3,936,189	–	-1.72%	–
AAL	Exit	AMERICAN AIRLINES GROUP INC	$0	–	-4,223,251	–	-1.72%	–
CMG	Exit	CHIPOTLE MEXICAN GRILL INC	$0	–	-516,751	–	-1.74%	–
ICPT	Exit	INTERCEPT PHARMACEUTICALS IN	$0	–	-2,035,592	–	-2.00%	–

Q2 2017

			Value		Shares		↓ Weighting
CELG	New	CELGENE CORP	$986,469,000	–	7,595,821	–	8.00%	–
FB	New	FACEBOOK INC-Acl a	$705,721,000	–	4,674,267	–	5.72%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$683,957,000	–	10,375,555	–	5.55%	–
MELI	New	MERCADOLIBRE INC	$572,447,000	–	2,281,757	–	4.64%	–
CX	New	CEMEX SAB-SPONS ADR PART CERspon adr new	$572,407,000	–	60,765,076	–	4.64%	–
PXD	New	PIONEER NATURAL RESOURCES CO	$483,364,000	–	3,028,974	–	3.92%	–
NEM	New	NEWMONT MINING CORP	$460,096,000	–	14,204,881	–	3.73%	–
APC	New	ANADARKO PETROLEUM CORP	$427,883,000	–	9,437,201	–	3.47%	–
NOW	New	SERVICENOW INC	$409,494,000	–	3,863,148	–	3.32%	–
BAC	New	BANK OF AMERICA CORP	$399,968,000	–	16,486,731	–	3.24%	–
EOG	New	EOG RESOURCES INC	$390,300,000	–	4,311,758	–	3.17%	–
GG	New	GOLDCORP INC	$352,916,000	–	27,336,612	–	2.86%	–
ATVI	New	ACTIVISION BLIZZARD INC	$339,285,000	–	5,893,427	–	2.75%	–
MA	New	MASTERCARD INC - Acl a	$338,758,000	–	2,789,283	–	2.75%	–
NBL	New	NOBLE ENERGY INC	$332,635,000	–	11,753,883	–	2.70%	–
AMZN	New	AMAZON.COM INC	$331,382,000	–	342,337	–	2.69%	–
V	New	VISA INC-CLASS A SHARES	$330,795,000	–	3,527,352	–	2.68%	–
CXO	New	CONCHO RESOURCES INC	$300,731,000	–	2,474,544	–	2.44%	–
WPM	New	WHEATON PRECIOUS METALS CORP	$268,755,000	–	13,512,084	–	2.18%	–
TMUS	New	T-MOBILE US INC	$268,254,000	–	4,425,175	–	2.18%	–
ICPT	New	INTERCEPT PHARMACEUTICALS IN	$246,449,000	–	2,035,592	–	2.00%	–
TRIP	New	TRIPADVISOR INC	$239,330,000	–	6,265,186	–	1.94%	–
CBD	New	CIA BRASILEIRA DE DIS-SP PRFspn adr pfd cl a	$224,798,000	–	11,498,596	–	1.82%	–
GRUB	New	GRUBHUB INC	$216,977,000	–	4,976,545	–	1.76%	–
CMG	New	CHIPOTLE MEXICAN GRILL INC	$215,020,000	–	516,751	–	1.74%	–
AAL	New	AMERICAN AIRLINES GROUP INC	$212,514,000	–	4,223,251	–	1.72%	–
DAL	New	DELTA AIR LINES INC	$211,531,000	–	3,936,189	–	1.72%	–
POT	New	POTASH CORP OF SASKATCHEWAN	$200,487,000	–	12,299,830	–	1.63%	–
BMA	New	BANCO MACRO SA-ADRspon adr b	$161,021,000	–	1,746,620	–	1.31%	–
ZAYO	New	ZAYO GROUP HOLDINGS INC	$150,427,000	–	4,868,188	–	1.22%	–
NVDA	New	NVIDIA CORP	$147,428,000	–	1,019,840	–	1.20%	–
LUV	New	SOUTHWEST AIRLINES CO	$138,252,000	–	2,224,851	–	1.12%	–
TSM	New	TAIWAN SEMICONDUCTOR-SP ADRsponsored adr	$118,366,000	–	3,385,766	–	0.96%	–
UAL	New	UNITED CONTINENTAL HOLDINGS	$103,860,000	–	1,380,202	–	0.84%	–
CRTO	New	CRITEO SA-SPON ADRspons ads	$87,724,000	–	1,788,456	–	0.71%	–
CHKP	New	CHECK POINT SOFTWARE TECHord	$50,724,000	–	465,021	–	0.41%	–
LN	New	LINE CORP-SPONSORED ADRsponsored adr	$47,882,000	–	1,376,724	–	0.39%	–
BSMX	New	GRUPO FIN SANTANDER-ADR B	$43,249,000	–	4,486,361	–	0.35%	–
LVS	New	LAS VEGAS SANDS CORP	$41,507,000	–	649,658	–	0.34%	–
INFY	New	INFOSYS LTD-SP ADRsponsored adr	$40,941,000	–	2,725,737	–	0.33%	–
CF	New	CF INDUSTRIES HOLDINGS INC	$38,730,000	–	1,385,208	–	0.31%	–
ZTO	New	ZTO EXPRESS CAYMAN INC-ADRsponsored adr	$34,991,000	–	2,506,499	–	0.28%	–
NTES	New	NETEASE INC-ADRsponsored adr	$30,368,000	–	101,013	–	0.25%	–
CHTR	New	CHARTER COMMUNICATIONS INC-Acl a	$28,828,000	–	85,580	–	0.23%	–
BIDU	New	BAIDU INC - SPON ADRspon adr rep a	$25,436,000	–	142,209	–	0.21%	–
LILA	New	LIBERTY GLOBAL PLC LILAC - A	$20,993,000	–	964,292	–	0.17%	–
MEOH	New	METHANEX CORP	$20,880,000	–	474,000	–	0.17%	–
HAL	New	HALLIBURTON CO	$20,501,000	–	480,000	–	0.17%	–
TLND	New	TALEND SA - ADRads	$20,390,000	–	586,269	–	0.16%	–
WUBA	New	58.COM INC-ADRspon adr rep a	$18,926,000	–	429,063	–	0.15%	–
TARO	New	TARO PHARMACEUTICAL INDUS	$16,544,000	–	147,639	–	0.13%	–
YY	New	YY INC-ADR	$14,802,000	–	255,083	–	0.12%	–
OASPQ	New	OASIS PETROLEUM INC	$13,363,000	–	1,660,000	–	0.11%	–
RGLD	New	ROYAL GOLD INC	$11,335,000	–	145,000	–	0.09%	–
AA	New	ALCOA CORP	$11,101,000	–	340,000	–	0.09%	–
NUE	New	NUCOR CORP	$9,838,000	–	170,000	–	0.08%	–
PE	New	PARSLEY ENERGY INC-CLASS Acl a	$9,435,000	–	340,000	–	0.08%	–
RES	New	RPC INC	$9,398,000	–	465,000	–	0.08%	–
CRESY	New	CRESUD S.A.-SPONS ADRsponsored adr	$8,982,000	–	461,812	–	0.07%	–
GDI	New	GARDNER DENVER HOLDINGS INC	$8,968,000	–	415,000	–	0.07%	–
PDCE	New	PDC ENERGY INC	$9,053,000	–	210,000	–	0.07%	–
SUPV	New	GRUPO SUPERVIELLE SA-SP ADRsponsored adr	$8,824,000	–	488,059	–	0.07%	–
SINA	New	SINA CORPord	$8,913,000	–	104,896	–	0.07%	–
CNX	New	CONSOL ENERGY INC	$8,441,000	–	565,000	–	0.07%	–
DAR	New	DARLING INGREDIENTS INC	$8,264,000	–	525,000	–	0.07%	–
MTZ	New	MASTEC INC	$8,127,000	–	180,000	–	0.07%	–
TECK	New	TECK RESOURCES LTD-CLS Bcl b	$8,145,000	–	470,000	–	0.07%	–
MLI	New	MUELLER INDUSTRIES INC	$7,673,000	–	252,000	–	0.06%	–
BITA	New	BITAUTO HOLDINGS LTD-ADRsponsored ads	$7,178,000	–	249,673	–	0.06%	–
WFTIQ	New	WEATHERFORD INTERNATIONAL PL	$6,579,000	–	1,700,000	–	0.05%	–
ATI	New	ALLEGHENY TECHNOLOGIES INC	$5,392,000	–	317,000	–	0.04%	–
APC	New	ANADARKO PETROLEUM CORPput	$4,534,000	–	100,000	–	0.04%	–
APC	New	ANADARKO PETROLEUM CORPcall	$4,534,000	–	100,000	–	0.04%	–
MON	New	MONSANTO CO	$4,251,000	–	35,918	–	0.03%	–

Q4 2016

			Value		Shares		↓ Weighting
WUBA	Exit	58.COM INC-ADRspon adr rep a	$0	–	-6,353	–	-0.00%	–
JD	Exit	JD.COM INC-ADRspon adr cl a	$0	–	-12,058	–	-0.00%	–
MOMO	Exit	MOMO INC-SPON ADRadr	$0	–	-14,023	–	-0.00%	–
TECK	Exit	TECK RESOURCES LTD-CLS Bcl b	$0	–	-50,000	–	-0.01%	–
WB	Exit	WEIBO CORP-SPON ADRsponsored adr	$0	–	-23,730	–	-0.01%	–
SU	Exit	SUNCOR ENERGY INC	$0	–	-50,000	–	-0.01%	–
TECK	Exit	TECK RESOURCES LTD-CLS Bcall	$0	–	-100,000	–	-0.01%	–
FCX	Exit	FREEPORT-MCMORAN INCput	$0	–	-200,000	–	-0.02%	–
DRQ	Exit	DRIL-QUIP INCcall	$0	–	-50,000	–	-0.02%	–
SU	Exit	SUNCOR ENERGY INCcall	$0	–	-100,000	–	-0.02%	–
BABA	Exit	ALIBABA GROUP HOLDING-SP ADRsponsored ads	$0	–	-26,849	–	-0.02%	–
APC	Exit	ANADARKO PETROLEUM CORPput	$0	–	-50,000	–	-0.02%	–
MYL	Exit	MYLAN NV	$0	–	-87,154	–	-0.02%	–
GG	Exit	GOLDCORP INCcall	$0	–	-200,000	–	-0.02%	–
RIO	Exit	RIO TINTO PLC-SPON ADRcall	$0	–	-100,000	–	-0.02%	–
MON	Exit	MONSANTO CO	$0	–	-34,575	–	-0.03%	–
SFUN	Exit	FANG HOLDINGS LTD - ADRadr	$0	–	-824,279	–	-0.03%	–
CRZO	Exit	CARRIZO OIL & GAS INCcall	$0	–	-100,000	–	-0.03%	–
SYRG	Exit	SYNERGY RESOURCES CORP	$0	–	-600,000	–	-0.03%	–
COP	Exit	CONOCOPHILLIPScall	$0	–	-100,000	–	-0.03%	–
COP	Exit	CONOCOPHILLIPSput	$0	–	-100,000	–	-0.03%	–
IRS	Exit	IRSA -SP ADRglobl dep rcpt	$0	–	-233,241	–	-0.03%	–
MT	Exit	ARCELORMITTALcall	$0	–	-1,000,000	–	-0.04%	–
SUPV	Exit	GRUPO SUPERVIELLE SA-SP ADRsponsored adr	$0	–	-400,000	–	-0.04%	–
RGLD	Exit	ROYAL GOLD INC	$0	–	-80,000	–	-0.05%	–
NUE	Exit	NUCOR CORP	$0	–	-130,000	–	-0.05%	–
MLI	Exit	MUELLER INDUSTRIES INC	$0	–	-197,000	–	-0.05%	–
PDCE	Exit	PDC ENERGY INC	$0	–	-102,000	–	-0.05%	–
EOG	Exit	EOG RESOURCES INC	$0	–	-70,000	–	-0.05%	–
OASPQ	Exit	OASIS PETROLEUM INC	$0	–	-630,000	–	-0.05%	–
EGO	Exit	ELDORADO GOLD CORP	$0	–	-2,000,000	–	-0.06%	–
SEMI	Exit	SUNEDISON SEMICONDUCTOR LTD	$0	–	-700,000	–	-0.06%	–
TLND	Exit	TALEND SA - ADRads	$0	–	-328,821	–	-0.06%	–
ERJ	Exit	EMBRAER SA-SPON ADR	$0	–	-502,381	–	-0.06%	–
CRESY	Exit	CRESUD S.A.-SPONS ADRsponsored adr	$0	–	-485,146	–	-0.06%	–
CRZO	Exit	CARRIZO OIL & GAS INC	$0	–	-220,000	–	-0.07%	–
HAL	Exit	HALLIBURTON COcall	$0	–	-200,000	–	-0.07%	–
PXD	Exit	PIONEER NATURAL RESOURCES COcall	$0	–	-50,000	–	-0.07%	–
IP	Exit	INTERNATIONAL PAPER CO	$0	–	-200,000	–	-0.07%	–
APC	Exit	ANADARKO PETROLEUM CORPcall	$0	–	-180,000	–	-0.08%	–
MMM	Exit	3M CO	$0	–	-70,000	–	-0.09%	–
CNVAF	Exit	CNOVA NV	$0	–	-2,331,217	–	-0.09%	–
INXN	Exit	INTERXION HOLDING NV	$0	–	-354,156	–	-0.10%	–
DAR	Exit	DARLING INGREDIENTS INC	$0	–	-1,000,000	–	-0.10%	–
MEOH	Exit	METHANEX CORP	$0	–	-450,000	–	-0.12%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-220,000	–	-0.13%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-200,000	–	-0.13%	–
SINA	Exit	SINA CORPord	$0	–	-237,310	–	-0.13%	–
PX	Exit	PRAXAIR INC	$0	–	-153,000	–	-0.14%	–
HON	Exit	HONEYWELL INTERNATIONAL INC	$0	–	-160,000	–	-0.14%	–
EMR	Exit	EMERSON ELECTRIC CO	$0	–	-400,000	–	-0.16%	–
LVS	Exit	LAS VEGAS SANDS CORP	$0	–	-383,643	–	-0.16%	–
LILA	Exit	LIBERTY GLOBAL PLC LILAC - A	$0	–	-969,492	–	-0.20%	–
TARO	Exit	TARO PHARMACEUTICAL INDUS	$0	–	-260,987	–	-0.22%	–
GRUB	Exit	GRUBHUB INC	$0	–	-715,274	–	-0.23%	–
LN	Exit	LINE CORP-SPONSORED ADRsponsored adr	$0	–	-765,249	–	-0.28%	–
NTES	Exit	NETEASE INC-ADRsponsored adr	$0	–	-156,705	–	-0.28%	–
INFY	Exit	INFOSYS LTD-SP ADRsponsored adr	$0	–	-2,737,037	–	-0.32%	–
FMX	Exit	FOMENTO ECONOMICO MEX-SP ADRspon adr units	$0	–	-530,841	–	-0.36%	–
YY	Exit	YY INC-ADR	$0	–	-935,267	–	-0.37%	–
BIDU	Exit	BAIDU INC - SPON ADRspon adr rep a	$0	–	-324,093	–	-0.44%	–
CRTO	Exit	CRITEO SA-SPON ADRspons ads	$0	–	-1,746,029	–	-0.46%	–
GOOGL	Exit	ALPHABET INC-CL Acap stk cl a	$0	–	-90,399	–	-0.54%	–
CHKP	Exit	CHECK POINT SOFTWARE TECHord	$0	–	-984,893	–	-0.57%	–
TRIP	Exit	TRIPADVISOR INC	$0	–	-1,799,491	–	-0.85%	–
TSM	Exit	TAIWAN SEMICONDUCTOR-SP ADRsponsored adr	$0	–	-4,488,972	–	-1.03%	–
BSMX	Exit	GRUPO FIN SANTANDER-ADR B	$0	–	-20,682,727	–	-1.36%	–
POT	Exit	POTASH CORP OF SASKATCHEWAN	$0	–	-12,176,530	–	-1.48%	–
CBD	Exit	CIA BRASILEIRA DE DIS-SP PRFspn adr pfd cl a	$0	–	-12,648,986	–	-1.55%	–
CHTR	Exit	CHARTER COMMUNICATIONS INC-Acl a	$0	–	-821,623	–	-1.66%	–
NBL	Exit	NOBLE ENERGY INC	$0	–	-6,249,857	–	-1.67%	–
PXD	Exit	PIONEER NATURAL RESOURCES CO	$0	–	-1,295,764	–	-1.80%	–
CX	Exit	CEMEX SAB-SPONS ADR PART CERspon adr new	$0	–	-30,777,159	–	-1.83%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-5,735,372	–	-2.00%	–
CXO	Exit	CONCHO RESOURCES INC	$0	–	-1,975,525	–	-2.03%	–
NKE	Exit	NIKE INC -CL Bcl b	$0	–	-5,259,454	–	-2.07%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-4,894,969	–	-2.11%	–
SLW	Exit	SILVER WHEATON CORP	$0	–	-11,140,499	–	-2.25%	–
ICPT	Exit	INTERCEPT PHARMACEUTICALS IN	$0	–	-2,015,192	–	-2.48%	–
LVLT	Exit	LEVEL 3 COMMUNICATIONS INC	$0	–	-7,627,411	–	-2.64%	–
GOOG	Exit	ALPHABET INC-CL Ccap stk cl c	$0	–	-457,186	–	-2.66%	–
GG	Exit	GOLDCORP INC	$0	–	-22,125,643	–	-2.73%	–
NOW	Exit	SERVICENOW INC	$0	–	-4,825,661	–	-2.85%	–
OXY	Exit	OCCIDENTAL PETROLEUM CORP	$0	–	-5,303,392	–	-2.89%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-2,323,306	–	-3.21%	–
V	Exit	VISA INC-CLASS A SHARES	$0	–	-5,409,961	–	-3.34%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-4,556,922	–	-3.46%	–
NEM	Exit	NEWMONT MINING CORP	$0	–	-13,476,198	–	-3.96%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-4,065,036	–	-4.83%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-2,661,720	–	-5.36%	–
APC	Exit	ANADARKO PETROLEUM CORP	$0	–	-13,944,742	–	-6.60%	–
FB	Exit	FACEBOOK INC-Acl a	$0	–	-7,098,164	–	-6.80%	–
CELG	Exit	CELGENE CORP	$0	–	-9,755,225	–	-7.62%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-1,219,502	–	-7.63%	–

Q3 2016

			Value		Shares		↓ Weighting
AMZN	Sell	AMAZON.COM INC	$1,021,101,000	-2.1%	1,219,502	-16.3%	7.63%	-14.5%
CELG	Buy	CELGENE CORP	$1,019,714,000	+6.5%	9,755,225	+0.5%	7.62%	-7.1%
FB	Sell	FACEBOOK INC-Acl a	$910,481,000	+10.8%	7,098,164	-1.3%	6.80%	-3.3%
APC	Buy	ANADARKO PETROLEUM CORP	$883,539,000	+21.8%	13,944,742	+2.4%	6.60%	+6.3%
ICE	Buy	INTERCONTINENTAL EXCHANGE IN	$716,961,000	+6.4%	2,661,720	+1.1%	5.36%	-7.1%
TMO	Buy	THERMO FISHER SCIENTIFIC INC	$646,585,000	+8.1%	4,065,036	+0.5%	4.83%	-5.6%
NEM	Buy	NEWMONT MINING CORP	$529,480,000	+3.5%	13,476,198	+3.0%	3.96%	-9.7%
MA	Sell	MASTERCARD INCcl a	$463,758,000	-12.1%	4,556,922	-24.0%	3.46%	-23.3%
V	Sell	VISA INC-CLASS A SHARES	$447,404,000	-26.7%	5,409,961	-34.2%	3.34%	-36.0%
MELI	Buy	MERCADOLIBRE INC	$429,742,000	+36.9%	2,323,306	+4.1%	3.21%	+19.5%
OXY	Sell	OCCIDENTAL PETROLEUM CORP	$386,723,000	-3.8%	5,303,392	-0.3%	2.89%	-16.1%
NOW	Buy	SERVICENOW INC	$381,951,000	+20.5%	4,825,661	+1.1%	2.85%	+5.2%
GG	Buy	GOLDCORP INC	$365,516,000	-12.6%	22,125,643	+1.2%	2.73%	-23.7%
GOOG	Buy	ALPHABET INC-CL Ccap stk cl c	$355,366,000	+13.4%	457,186	+0.9%	2.66%	-1.0%
LVLT	Buy	LEVEL 3 COMMUNICATIONS INC	$353,759,000	-7.4%	7,627,411	+2.8%	2.64%	-19.2%
ICPT	Buy	INTERCEPT PHARMACEUTICALS IN	$331,680,000	+16.6%	2,015,192	+1.1%	2.48%	+1.8%
SLW	Sell	SILVER WHEATON CORP	$301,128,000	+14.1%	11,140,499	-0.7%	2.25%	-0.4%
MSFT	Sell	MICROSOFT CORP	$281,950,000	-28.0%	4,894,969	-36.1%	2.11%	-37.2%
NKE	Buy	NIKE INC -CL Bcl b	$276,910,000	+137.4%	5,259,454	+148.9%	2.07%	+107.3%
CXO	Buy	CONCHO RESOURCES INC	$271,338,000	+29.7%	1,975,525	+12.6%	2.03%	+13.2%
TMUS	Buy	T-MOBILE US INC	$267,957,000	+18.7%	5,735,372	+10.0%	2.00%	+3.6%
CX	New	CEMEX SAB-SPONS ADR PART CERspon adr new	$244,371,000	–	30,777,159	–	1.83%	–
PXD	New	PIONEER NATURAL RESOURCES CO	$240,559,000	–	1,295,764	–	1.80%	–
NBL	Buy	NOBLE ENERGY INC	$223,370,000	+2.3%	6,249,857	+2.7%	1.67%	-10.7%
CHTR	New	CHARTER COMMUNICATIONS INC-Acl a	$221,814,000	–	821,623	–	1.66%	–
CBD	Buy	CIA BRASILEIRA DE DIS-SP PRFspn adr pfd cl a	$207,317,000	+21.4%	12,648,986	+7.7%	1.55%	+6.0%
POT	New	POTASH CORP OF SASKATCHEWAN	$198,721,000	–	12,176,530	–	1.48%	–
BSMX	Buy	GRUPO FIN SANTANDER-ADR B	$182,008,000	-2.0%	20,682,727	+1.2%	1.36%	-14.5%
TSM	Sell	TAIWAN SEMICONDUCTOR-SP ADRsponsored adr	$137,318,000	+12.7%	4,488,972	-3.4%	1.03%	-1.6%
TRIP	New	TRIPADVISOR INC	$113,692,000	–	1,799,491	–	0.85%	–
CHKP	New	CHECK POINT SOFTWARE TECHord	$76,438,000	–	984,893	–	0.57%	–
GOOGL	New	ALPHABET INC-CL Acap stk cl a	$72,686,000	–	90,399	–	0.54%	–
CRTO	New	CRITEO SA-SPON ADRspons ads	$61,303,000	–	1,746,029	–	0.46%	–
BIDU	New	BAIDU INC - SPON ADRspon adr rep a	$59,008,000	–	324,093	–	0.44%	–
YY	New	YY INC-ADR	$49,831,000	–	935,267	–	0.37%	–
FMX	New	FOMENTO ECONOMICO MEX-SP ADRspon adr units	$48,859,000	–	530,841	–	0.36%	–
INFY	New	INFOSYS LTD-SP ADRsponsored adr	$43,190,000	–	2,737,037	–	0.32%	–
NTES	New	NETEASE INC-ADRsponsored adr	$37,731,000	–	156,705	–	0.28%	–
LN	New	LINE CORP-SPONSORED ADRsponsored adr	$37,038,000	–	765,249	–	0.28%	–
GRUB	New	GRUBHUB INC	$30,750,000	–	715,274	–	0.23%	–
TARO	New	TARO PHARMACEUTICAL INDUS	$28,842,000	–	260,987	–	0.22%	–
LILA	New	LIBERTY GLOBAL PLC LILAC - A	$26,748,000	–	969,492	–	0.20%	–
LVS	New	LAS VEGAS SANDS CORP	$22,075,000	–	383,643	–	0.16%	–
EMR	New	EMERSON ELECTRIC CO	$21,804,000	–	400,000	–	0.16%	–
HON	New	HONEYWELL INTERNATIONAL INC	$18,654,000	–	160,000	–	0.14%	–
PX	New	PRAXAIR INC	$18,487,000	–	153,000	–	0.14%	–
SINA	New	SINA CORPord	$17,521,000	–	237,310	–	0.13%	–
XOM	New	EXXON MOBIL CORP	$17,456,000	–	200,000	–	0.13%	–
SLB	New	SCHLUMBERGER LTD	$17,301,000	–	220,000	–	0.13%	–
MEOH	New	METHANEX CORP	$16,056,000	–	450,000	–	0.12%	–
DAR	New	DARLING INGREDIENTS INC	$13,510,000	–	1,000,000	–	0.10%	–
INXN	New	INTERXION HOLDING NV	$12,828,000	–	354,156	–	0.10%	–
CNVAF	New	CNOVA NV	$12,519,000	–	2,331,217	–	0.09%	–
MMM	New	3M CO	$12,336,000	–	70,000	–	0.09%	–
APC	New	ANADARKO PETROLEUM CORPcall	$11,405,000	–	180,000	–	0.08%	–
IP	New	INTERNATIONAL PAPER CO	$9,596,000	–	200,000	–	0.07%	–
PXD	New	PIONEER NATURAL RESOURCES COcall	$9,283,000	–	50,000	–	0.07%	–
HAL	New	HALLIBURTON COcall	$8,976,000	–	200,000	–	0.07%	–
CRZO	New	CARRIZO OIL & GAS INC	$8,936,000	–	220,000	–	0.07%	–
ERJ	New	EMBRAER SA-SPON ADR	$8,671,000	–	502,381	–	0.06%	–
CRESY	New	CRESUD S.A.-SPONS ADRsponsored adr	$8,665,000	–	485,146	–	0.06%	–
TLND	New	TALEND SA - ADRads	$8,602,000	–	328,821	–	0.06%	–
SEMI	New	SUNEDISON SEMICONDUCTOR LTD	$7,973,000	–	700,000	–	0.06%	–
EGO	New	ELDORADO GOLD CORP	$7,860,000	–	2,000,000	–	0.06%	–
OASPQ	New	OASIS PETROLEUM INC	$7,226,000	–	630,000	–	0.05%	–
EOG	New	EOG RESOURCES INC	$6,770,000	–	70,000	–	0.05%	–
PDCE	New	PDC ENERGY INC	$6,840,000	–	102,000	–	0.05%	–
MLI	New	MUELLER INDUSTRIES INC	$6,387,000	–	197,000	–	0.05%	–
NUE	New	NUCOR CORP	$6,429,000	–	130,000	–	0.05%	–
RGLD	New	ROYAL GOLD INC	$6,194,000	–	80,000	–	0.05%	–
SUPV	New	GRUPO SUPERVIELLE SA-SP ADRsponsored adr	$5,924,000	–	400,000	–	0.04%	–
MT	New	ARCELORMITTALcall	$5,448,000	–	1,000,000	–	0.04%	–
IRS	New	IRSA -SP ADRglobl dep rcpt	$4,429,000	–	233,241	–	0.03%	–
COP	New	CONOCOPHILLIPScall	$4,347,000	–	100,000	–	0.03%	–
COP	New	CONOCOPHILLIPSput	$4,347,000	–	100,000	–	0.03%	–
SYRG	New	SYNERGY RESOURCES CORP	$4,158,000	–	600,000	–	0.03%	–
CRZO	New	CARRIZO OIL & GAS INCcall	$4,062,000	–	100,000	–	0.03%	–
SFUN	New	FANG HOLDINGS LTD - ADRadr	$3,701,000	–	824,279	–	0.03%	–
MON	Sell	MONSANTO CO	$3,534,000	-98.2%	34,575	-98.2%	0.03%	-98.5%
GG	New	GOLDCORP INCcall	$3,304,000	–	200,000	–	0.02%	–
RIO	New	RIO TINTO PLC-SPON ADRcall	$3,340,000	–	100,000	–	0.02%	–
MYL	New	MYLAN NV	$3,322,000	–	87,154	–	0.02%	–
APC	New	ANADARKO PETROLEUM CORPput	$3,168,000	–	50,000	–	0.02%	–
DRQ	New	DRIL-QUIP INCcall	$2,787,000	–	50,000	–	0.02%	–
SU	New	SUNCOR ENERGY INCcall	$2,778,000	–	100,000	–	0.02%	–
BABA	New	ALIBABA GROUP HOLDING-SP ADRsponsored ads	$2,840,000	–	26,849	–	0.02%	–
FCX	New	FREEPORT-MCMORAN INCput	$2,172,000	–	200,000	–	0.02%	–
TECK	New	TECK RESOURCES LTD-CLS Bcall	$1,803,000	–	100,000	–	0.01%	–
SU	New	SUNCOR ENERGY INC	$1,389,000	–	50,000	–	0.01%	–
WB	New	WEIBO CORP-SPON ADRsponsored adr	$1,190,000	–	23,730	–	0.01%	–
TECK	New	TECK RESOURCES LTD-CLS Bcl b	$902,000	–	50,000	–	0.01%	–
JD	New	JD.COM INC-ADRspon adr cl a	$315,000	–	12,058	–	0.00%	–
WUBA	New	58.COM INC-ADRspon adr rep a	$303,000	–	6,353	–	0.00%	–
MOMO	New	MOMO INC-SPON ADRadr	$316,000	–	14,023	–	0.00%	–
HES	Exit	HESS CORP	$0	–	-4,567,767	–	-2.35%	–
LNKD	Exit	LINKEDIN CORP	$0	–	-2,150,209	–	-3.48%	–

Q2 2016

			Value		Shares		↓ Weighting
AMZN	New	AMAZON COM INC	$1,042,689,000	–	1,457,043	–	8.92%	–
CELG	New	CELGENE CORP	$957,535,000	–	9,708,359	–	8.20%	–
FB	New	FACEBOOK INCcl a	$821,465,000	–	7,188,177	–	7.03%	–
APC	New	ANADARKO PETE CORP	$725,251,000	–	13,619,742	–	6.21%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$673,973,000	–	2,633,120	–	5.77%	–
V	New	VISA INC	$609,991,000	–	8,224,233	–	5.22%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$597,918,000	–	4,046,550	–	5.12%	–
MA	New	MASTERCARD INCcl a	$527,831,000	–	5,993,989	–	4.52%	–
NEM	New	NEWMONT MINING CORP	$511,686,000	–	13,079,898	–	4.38%	–
GG	New	GOLDCORP INC NEW	$418,376,000	–	21,870,143	–	3.58%	–
LNKD	New	LINKEDIN CORP	$406,927,000	–	2,150,209	–	3.48%	–
OXY	New	OCCIDENTAL PETE CORP DEL	$402,071,000	–	5,321,220	–	3.44%	–
MSFT	New	MICROSOFT CORP	$391,792,000	–	7,656,667	–	3.35%	–
LVLT	New	LEVEL 3 COMMUNICATIONS INC	$382,196,000	–	7,422,726	–	3.27%	–
NOW	New	SERVICENOW INC	$316,984,000	–	4,773,861	–	2.71%	–
MELI	New	MERCADOLIBRE INC	$313,898,000	–	2,231,452	–	2.69%	–
GOOG	New	ALPHABET INCcap stk cl c	$313,442,000	–	452,886	–	2.68%	–
ICPT	New	INTERCEPT PHARMACEUTICALS IN	$284,446,000	–	1,993,592	–	2.44%	–
HES	New	HESS CORP	$274,523,000	–	4,567,767	–	2.35%	–
SLW	New	SILVER WHEATON CORP	$264,025,000	–	11,220,799	–	2.26%	–
TMUS	New	T MOBILE US INC	$225,656,000	–	5,215,074	–	1.93%	–
NBL	New	NOBLE ENERGY INC	$218,343,000	–	6,087,057	–	1.87%	–
CXO	New	CONCHO RES INC	$209,179,000	–	1,753,825	–	1.79%	–
MON	New	MONSANTO CO NEW	$197,555,000	–	1,910,408	–	1.69%	–
BSMX	New	GRUPO FINANCIERO SANTANDER M	$185,795,000	–	20,439,527	–	1.59%	–
CBD	New	COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a	$170,830,000	–	11,740,906	–	1.46%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$121,830,000	–	4,644,668	–	1.04%	–
NKE	New	NIKE INCcl b	$116,633,000	–	2,112,918	–	1.00%	–

Q4 2015

			Value		Shares		↓ Weighting
MELI	Exit	MERCADOLIBRE INC	$0	–	-1,534,309	–	-1.77%	–
LBTYA	Exit	LIBERTY GLOBAL PLC	$0	–	-4,848,646	–	-2.64%	–
ICPT	Exit	INTERCEPT PHARMACEUTICALS IN	$0	–	-1,319,507	–	-2.78%	–
MYL	Exit	MYLAN N V	$0	–	-5,449,171	–	-2.78%	–
NOW	Exit	SERVICENOW INC	$0	–	-3,165,504	–	-2.79%	–
ADS	Exit	ALLIANCE DATA SYSTEMS CORP	$0	–	-973,835	–	-3.20%	–
LVLT	Exit	LEVEL 3 COMMUNICATIONS INC	$0	–	-6,180,166	–	-3.42%	–
APC	Exit	ANADARKO PETE CORP	$0	–	-4,622,406	–	-3.54%	–
PRGO	Exit	PERRIGO CO PLC	$0	–	-2,218,947	–	-4.42%	–
BSMX	Exit	GRUPO FINANCIERO SANTANDER M	$0	–	-48,045,983	–	-4.47%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-3,268,815	–	-5.07%	–
AIG	Exit	AMERICAN INTL GROUP INC	$0	–	-7,393,560	–	-5.33%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-4,924,734	–	-5.63%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-1,923,864	–	-5.73%	–
V	Exit	VISA INC	$0	–	-6,776,686	–	-5.98%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-6,765,184	–	-7.71%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-1,049,426	–	-8.28%	–
CELG	Exit	CELGENE CORP	$0	–	-7,547,544	–	-10.35%	–
AMZN	Exit	AMAZON COM INC	$0	–	-2,174,368	–	-14.11%	–

Q3 2015

			Value		Shares		↓ Weighting
AMZN	Sell	AMAZON COM INC	$1,113,037,000	-0.5%	2,174,368	-15.6%	14.11%	+41.4%
CELG	Sell	CELGENE CORP	$816,418,000	-6.9%	7,547,544	-0.4%	10.35%	+32.2%
GOOGL	Sell	GOOGLE INCcl a	$653,442,000	-6.8%	1,049,426	-20.4%	8.28%	+32.4%
FB	Sell	FACEBOOK INCcl a	$608,190,000	-18.3%	6,765,184	-22.1%	7.71%	+16.0%
V	Sell	VISA INC	$472,064,000	+3.4%	6,776,686	-0.4%	5.98%	+46.8%
ICE	Sell	INTERCONTINENTAL EXCHANGE IN	$452,089,000	-30.0%	1,923,864	-33.4%	5.73%	-0.6%
MA	Sell	MASTERCARD INCcl a	$443,817,000	-3.9%	4,924,734	-0.4%	5.63%	+36.5%
AIG	Sell	AMERICAN INTL GROUP INC	$420,102,000	-20.4%	7,393,560	-13.4%	5.33%	+13.1%
TMO	Sell	THERMO FISHER SCIENTIFIC INC	$399,711,000	-6.1%	3,268,815	-0.4%	5.07%	+33.3%
BSMX	Sell	GRUPO FINANCIERO SANTANDER M	$352,658,000	-20.1%	48,045,983	-0.4%	4.47%	+13.4%
PRGO	Buy	PERRIGO CO PLC	$348,974,000	-13.3%	2,218,947	+1.9%	4.42%	+23.2%
APC	Buy	ANADARKO PETE CORP	$279,147,000	+1.7%	4,622,406	+31.4%	3.54%	+44.4%
LVLT	Buy	LEVEL 3 COMMUNICATIONS INC	$270,011,000	+4.4%	6,180,166	+25.9%	3.42%	+48.3%
ADS	Sell	ALLIANCE DATA SYSTEMS CORP	$252,204,000	-11.6%	973,835	-0.3%	3.20%	+25.6%
NOW	Sell	SERVICENOW INC	$219,844,000	-6.9%	3,165,504	-0.3%	2.79%	+32.3%
MYL	New	MYLAN N V	$219,384,000	–	5,449,171	–	2.78%	–
ICPT	Sell	INTERCEPT PHARMACEUTICALS IN	$218,853,000	-31.6%	1,319,507	-0.4%	2.78%	-2.8%
LBTYA	New	LIBERTY GLOBAL PLC	$208,201,000	–	4,848,646	–	2.64%	–
MELI	Sell	MERCADOLIBRE INC	$139,714,000	-49.5%	1,534,309	-21.5%	1.77%	-28.3%
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$0	–	-4,899,444	–	-0.99%	–
CBD	Exit	COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a	$0	–	-7,500,110	–	-1.58%	–
GG	Exit	GOLDCORP INC NEW	$0	–	-12,011,302	–	-1.74%	–
GRPN	Exit	GROUPON INC	$0	–	-47,567,111	–	-2.14%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-22,763,436	–	-2.17%	–
NEM	Exit	NEWMONT MINING CORP	$0	–	-10,852,732	–	-2.26%	–
UNP	Exit	UNION PAC CORP	$0	–	-3,052,245	–	-2.60%	–
MS	Exit	MORGAN STANLEY	$0	–	-9,822,903	–	-3.40%	–
LVS	Exit	LAS VEGAS SANDS CORP	$0	–	-7,341,023	–	-3.44%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-2,375,384	–	-4.22%	–

Q2 2015

			Value		Shares		↓ Weighting
AMZN	New	AMAZON COM INC	$1,118,499,000	–	2,576,653	–	9.98%	–
CELG	New	CELGENE CORP	$876,999,000	–	7,577,644	–	7.83%	–
FB	New	FACEBOOK INCcl a	$744,429,000	–	8,679,875	–	6.64%	–
GOOGL	New	GOOGLE INCcl a	$701,218,000	–	1,318,433	–	6.26%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$645,830,000	–	2,888,196	–	5.76%	–
AIG	New	AMERICAN INTL GROUP INC	$527,700,000	–	8,536,067	–	4.71%	–
BIDU	New	BAIDU INCspon adr rep a	$472,891,000	–	2,375,384	–	4.22%	–
MA	New	MASTERCARD INCcl a	$461,986,000	–	4,942,087	–	4.12%	–
V	New	VISA INC	$456,660,000	–	6,800,600	–	4.08%	–
BSMX	New	GRUPO FINANCIERO SANTANDER M	$441,526,000	–	48,254,183	–	3.94%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$425,757,000	–	3,281,115	–	3.80%	–
PRGO	New	PERRIGO CO PLC	$402,450,000	–	2,177,405	–	3.59%	–
LVS	New	LAS VEGAS SANDS CORP	$385,918,000	–	7,341,023	–	3.44%	–
MS	New	MORGAN STANLEY	$381,030,000	–	9,822,903	–	3.40%	–
ICPT	New	INTERCEPT PHARMACEUTICALS IN	$319,734,000	–	1,324,607	–	2.85%	–
UNP	New	UNION PAC CORP	$291,093,000	–	3,052,245	–	2.60%	–
ADS	New	ALLIANCE DATA SYSTEMS CORP	$285,294,000	–	977,235	–	2.55%	–
MELI	New	MERCADOLIBRE INC	$276,791,000	–	1,953,362	–	2.47%	–
APC	New	ANADARKO PETE CORP	$274,599,000	–	3,517,789	–	2.45%	–
LVLT	New	LEVEL 3 COMMUNICATIONS INC	$258,573,000	–	4,909,297	–	2.31%	–
NEM	New	NEWMONT MINING CORP	$253,520,000	–	10,852,732	–	2.26%	–
GOLD	New	BARRICK GOLD CORP	$242,658,000	–	22,763,436	–	2.17%	–
GRPN	New	GROUPON INC	$239,263,000	–	47,567,111	–	2.14%	–
NOW	New	SERVICENOW INC	$236,024,000	–	3,176,204	–	2.11%	–
GG	New	GOLDCORP INC NEW	$194,583,000	–	12,011,302	–	1.74%	–
CBD	New	COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a	$177,528,000	–	7,500,110	–	1.58%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$111,266,000	–	4,899,444	–	0.99%	–

Q4 2014

			Value		Shares		↓ Weighting
GRPN	Exit	GROUPON INC	$0	–	-33,659,852	–	-1.92%	–
COF	Exit	CAPITAL ONE FINL CORP	$0	–	-3,005,125	–	-2.10%	–
CME	Exit	CME GROUP INC	$0	–	-3,101,300	–	-2.12%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-2,597,176	–	-2.37%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-7,515,303	–	-2.38%	–
ICPT	Exit	INTERCEPT PHARMACEUTICALS IN	$0	–	-1,330,516	–	-2.70%	–
CBD	Exit	COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a	$0	–	-7,704,372	–	-2.88%	–
PX	Exit	PRAXAIR INC	$0	–	-2,828,284	–	-3.12%	–
LVS	Exit	LAS VEGAS SANDS CORP	$0	–	-5,887,578	–	-3.13%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-3,672,185	–	-3.20%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-3,254,029	–	-3.39%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-2,068,595	–	-3.86%	–
CHKP	Exit	CHECK POINT SOFTWARE TECH LTord	$0	–	-6,848,340	–	-4.06%	–
APC	Exit	ANADARKO PETE CORP	$0	–	-4,937,886	–	-4.29%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-2,864,420	–	-4.78%	–
BSMX	Exit	GRUPO FINANCIERO SANTANDER M	$0	–	-43,376,134	–	-5.02%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-8,609,475	–	-5.82%	–
AIG	Exit	AMERICAN INTL GROUP INC	$0	–	-13,781,335	–	-6.37%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-1,306,274	–	-6.53%	–
YUM	Exit	YUM BRANDS INC	$0	–	-10,603,497	–	-6.53%	–
CELG	Exit	CELGENE CORP	$0	–	-9,583,060	–	-7.77%	–
BAC	Exit	BANK OF AMERICA CORPORATION	$0	–	-53,555,053	–	-7.81%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-17,065,576	–	-7.85%	–

Q3 2014

			Value		Shares		↓ Weighting
CMCSA	Buy	COMCAST CORP NEWcl a	$917,787,000	+0.3%	17,065,576	+0.1%	7.85%	+9.7%
BAC	Buy	BANK OF AMERICA CORPORATION	$913,114,000	+11.0%	53,555,053	+0.1%	7.81%	+21.5%
CELG	Sell	CELGENE CORP	$908,282,000	+7.7%	9,583,060	-2.4%	7.77%	+17.9%
YUM	Buy	YUM BRANDS INC	$763,240,000	+12.2%	10,603,497	+26.5%	6.53%	+22.7%
GOOGL	Buy	GOOGLE INCcl a	$762,588,000	+20.4%	1,306,274	+19.6%	6.53%	+31.8%
AIG	Buy	AMERICAN INTL GROUP INC	$744,468,000	-0.9%	13,781,335	+0.1%	6.37%	+8.4%
FB	Buy	FACEBOOK INCcl a	$680,493,000	+100.8%	8,609,475	+71.0%	5.82%	+119.7%
BSMX	Sell	GRUPO FINANCIERO SANTANDER M	$586,879,000	-4.4%	43,376,134	-6.2%	5.02%	+4.6%
ICE	Buy	INTERCONTINENTAL EXCHANGE IN	$558,705,000	+3.3%	2,864,420	+0.1%	4.78%	+13.1%
APC	Sell	ANADARKO PETE CORP	$500,899,000	-39.0%	4,937,886	-34.2%	4.29%	-33.3%
CHKP	Sell	CHECK POINT SOFTWARE TECH LTord	$474,179,000	+2.0%	6,848,340	-1.2%	4.06%	+11.7%
BIDU	Sell	BAIDU INCspon adr rep a	$451,429,000	+15.8%	2,068,595	-0.9%	3.86%	+26.7%
TMO	Buy	THERMO FISHER SCIENTIFIC INC	$396,015,000	+3.2%	3,254,029	+0.1%	3.39%	+13.0%
SLB	Sell	SCHLUMBERGER LTD	$373,424,000	-37.3%	3,672,185	-27.2%	3.20%	-31.3%
LVS	Sell	LAS VEGAS SANDS CORP	$366,266,000	-19.0%	5,887,578	-0.7%	3.13%	-11.3%
PX	Sell	PRAXAIR INC	$364,849,000	-6.3%	2,828,284	-3.5%	3.12%	+2.5%
CBD	Buy	COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a	$335,988,000	-2.5%	7,704,372	+3.5%	2.88%	+6.6%
ICPT	Buy	INTERCEPT PHARMACEUTICALS IN	$314,920,000	+33.0%	1,330,516	+33.0%	2.70%	+45.5%
ZTS	Sell	ZOETIS INCcl a	$277,690,000	-25.1%	7,515,303	-34.6%	2.38%	-18.0%
JNJ	Buy	JOHNSON & JOHNSON	$276,833,000	+1.9%	2,597,176	+0.0%	2.37%	+11.5%
CME	Sell	CME GROUP INC	$247,964,000	-18.4%	3,101,300	-27.6%	2.12%	-10.8%
COF	Sell	CAPITAL ONE FINL CORP	$245,278,000	-49.5%	3,005,125	-48.9%	2.10%	-44.7%
GRPN	Buy	GROUPON INC	$224,848,000	+1.0%	33,659,852	+0.1%	1.92%	+10.5%
J	Exit	JACOBS ENGR GROUP INC DEL	$0	–	-3,369,927	–	-1.40%	–
FLR	Exit	FLUOR CORP NEW	$0	–	-4,586,368	–	-2.76%	–
TROW	Exit	PRICE T ROWE GROUP INC	$0	–	-4,545,006	–	-3.00%	–

Q2 2014

			Value		Shares		↓ Weighting
CMCSA	New	COMCAST CORP NEWcl a	$915,259,000	–	17,050,276	–	7.16%	–
CELG	New	CELGENE CORP	$843,112,000	–	9,817,322	–	6.59%	–
BAC	New	BANK OF AMERICA CORPORATION	$822,410,000	–	53,507,453	–	6.43%	–
APC	New	ANADARKO PETE CORP	$821,817,000	–	7,507,231	–	6.43%	–
AIG	New	AMERICAN INTL GROUP INC	$751,503,000	–	13,768,835	–	5.88%	–
YUM	New	YUM BRANDS INC	$680,372,000	–	8,378,960	–	5.32%	–
GOOGL	New	GOOGLE INCcl a	$633,274,000	–	1,091,900	–	4.95%	–
BSMX	New	GRUPO FINANCIERO SANTANDER M	$613,889,000	–	46,226,599	–	4.80%	–
SLB	New	SCHLUMBERGER LTD	$595,200,000	–	5,046,205	–	4.65%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$540,598,000	–	2,861,820	–	4.23%	–
COF	New	CAPITAL ONE FINL CORP	$485,402,000	–	5,876,536	–	3.80%	–
CHKP	New	CHECK POINT SOFTWARE TECH LTord	$464,717,000	–	6,932,974	–	3.63%	–
LVS	New	LAS VEGAS SANDS CORP	$452,031,000	–	5,930,605	–	3.54%	–
BIDU	New	BAIDU INCspon adr rep a	$389,908,000	–	2,087,190	–	3.05%	–
PX	New	PRAXAIR INC	$389,437,000	–	2,931,625	–	3.04%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$383,633,000	–	3,251,129	–	3.00%	–
TROW	New	PRICE T ROWE GROUP INC	$383,644,000	–	4,545,006	–	3.00%	–
ZTS	New	ZOETIS INCcl a	$370,609,000	–	11,484,628	–	2.90%	–
FLR	New	FLUOR CORP NEW	$352,692,000	–	4,586,368	–	2.76%	–
CBD	New	COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a	$344,741,000	–	7,440,978	–	2.70%	–
FB	New	FACEBOOK INCcl a	$338,819,000	–	5,035,206	–	2.65%	–
CME	New	CME GROUP INC	$304,037,000	–	4,285,229	–	2.38%	–
JNJ	New	JOHNSON & JOHNSON	$271,591,000	–	2,595,976	–	2.12%	–
ICPT	New	INTERCEPT PHARMACEUTICALS IN	$236,766,000	–	1,000,576	–	1.85%	–
GRPN	New	GROUPON INC	$222,619,000	–	33,628,252	–	1.74%	–
J	New	JACOBS ENGR GROUP INC DEL	$179,550,000	–	3,369,927	–	1.40%	–

Q4 2013

			Value		Shares		↓ Weighting
NBL	Exit	NOBLE ENERGY INC	$0	–	-1,623,172	–	-0.82%	–
HOT	Exit	STARWOOD HOTELS&RESORTS WRLD	$0	–	-2,744,500	–	-1.38%	–
TROW	Exit	PRICE T ROWE GROUP INC	$0	–	-3,640,000	–	-1.98%	–
VLO	Exit	VALERO ENERGY CORP NEW	$0	–	-7,995,000	–	-2.06%	–
PX	Exit	PRAXAIR INC	$0	–	-2,460,000	–	-2.23%	–
MJN	Exit	MEAD JOHNSON NUTRITION CO	$0	–	-3,997,093	–	-2.24%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-6,740,000	–	-2.30%	–
CME	Exit	CME GROUP INC	$0	–	-4,312,752	–	-2.41%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-382,005	–	-2.53%	–
CBD	Exit	COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a	$0	–	-8,727,916	–	-3.03%	–
BSMX	Exit	GRUPO FINANCIERO SANTANDER M	$0	–	-29,887,227	–	-3.12%	–
CHKP	Exit	CHECK POINT SOFTWARE TECH LTord	$0	–	-7,510,727	–	-3.21%	–
HAL	Exit	HALLIBURTON CO	$0	–	-10,052,400	–	-3.66%	–
ICE	Exit	INTERCONTINENTALEXCHANGE INC	$0	–	-2,888,958	–	-3.96%	–
CAM	Exit	CAMERON INTERNATIONAL CORP	$0	–	-9,304,495	–	-4.10%	–
CLB	Exit	CORE LABORATORIES N V	$0	–	-3,377,700	–	-4.32%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-8,554,000	–	-4.73%	–
AIG	Exit	AMERICAN INTL GROUP INC	$0	–	-13,185,000	–	-4.84%	–
LVS	Exit	LAS VEGAS SANDS CORP	$0	–	-10,606,041	–	-5.32%	–
CELG	Exit	CELGENE CORP	$0	–	-4,689,500	–	-5.46%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-8,487,117	–	-5.66%	–
BAC	Exit	BANK OF AMERICA CORPORATION	$0	–	-58,700,000	–	-6.12%	–
YUM	Exit	YUM BRANDS INC	$0	–	-13,927,373	–	-7.51%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-6,415,070	–	-7.52%	–
APC	Exit	ANADARKO PETE CORP	$0	–	-13,535,600	–	-9.51%	–

Q3 2013

			Value		Shares		↓ Weighting
APC	Sell	ANADARKO PETE CORP	$1,258,675,000	+6.9%	13,535,600	-1.2%	9.51%	-3.1%
BIDU	Sell	BAIDU INCspon adr rep a	$995,491,000	+51.0%	6,415,070	-8.0%	7.52%	+36.8%
YUM	Sell	YUM BRANDS INC	$994,275,000	+1.8%	13,927,373	-1.1%	7.51%	-7.7%
BAC	Sell	BANK OF AMERICA CORPORATION	$810,060,000	+6.0%	58,700,000	-1.2%	6.12%	-3.9%
SLB	Buy	SCHLUMBERGER LTD	$749,922,000	+25.9%	8,487,117	+2.1%	5.66%	+14.1%
CELG	Sell	CELGENE CORP	$722,825,000	+30.3%	4,689,500	-1.1%	5.46%	+18.1%
LVS	Sell	LAS VEGAS SANDS CORP	$704,453,000	+1.9%	10,606,041	-18.8%	5.32%	-7.6%
AIG	Sell	AMERICAN INTL GROUP INC	$641,187,000	+7.5%	13,185,000	-1.2%	4.84%	-2.6%
LYB	Buy	LYONDELLBASELL INDUSTRIES N	$626,409,000	+26.9%	8,554,000	+14.9%	4.73%	+15.1%
CLB	Sell	CORE LABORATORIES N V	$571,541,000	+9.5%	3,377,700	-1.9%	4.32%	-0.8%
CAM	Buy	CAMERON INTERNATIONAL CORP	$543,103,000	+32.7%	9,304,495	+39.0%	4.10%	+20.3%
ICE	Buy	INTERCONTINENTALEXCHANGE INC	$524,115,000	+16.8%	2,888,958	+14.4%	3.96%	+5.8%
HAL	Sell	HALLIBURTON CO	$484,023,000	+14.1%	10,052,400	-1.1%	3.66%	+3.4%
CHKP	Sell	CHECK POINT SOFTWARE TECH LTord	$424,807,000	+13.0%	7,510,727	-0.8%	3.21%	+2.4%
BSMX	Sell	GRUPO FINANCIERO SANTANDER M	$413,041,000	-3.0%	29,887,227	-0.3%	3.12%	-12.1%
CBD	Sell	COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a	$401,659,000	+0.3%	8,727,916	-1.0%	3.03%	-9.1%
GOOGL	New	GOOGLE INCcl a	$334,602,000	–	382,005	–	2.53%	–
CME	Sell	CME GROUP INC	$318,626,000	-3.8%	4,312,752	-1.1%	2.41%	-12.8%
CMCSA	Sell	COMCAST CORP NEWcl a	$304,075,000	+6.8%	6,740,000	-1.2%	2.30%	-3.2%
MJN	Buy	MEAD JOHNSON NUTRITION CO	$296,824,000	+6.5%	3,997,093	+13.6%	2.24%	-3.5%
PX	New	PRAXAIR INC	$295,717,000	–	2,460,000	–	2.23%	–
VLO	Buy	VALERO ENERGY CORP NEW	$273,029,000	+1.1%	7,995,000	+2.9%	2.06%	-8.4%
TROW	New	PRICE T ROWE GROUP INC	$261,825,000	–	3,640,000	–	1.98%	–
HOT	Buy	STARWOOD HOTELS&RESORTS WRLD	$182,372,000	+27.3%	2,744,500	+21.0%	1.38%	+15.3%
NBL	New	NOBLE ENERGY INC	$108,769,000	–	1,623,172	–	0.82%	–
ABV	Exit	COMPANHIA DE BEBIDAS DAS AMEspon adr pfd	$0	–	-4,204,956	–	-1.31%	–
BAP	Exit	CREDICORP LTD	$0	–	-1,985,202	–	-2.12%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-22,242,542	–	-6.40%	–

Q2 2013

			Value		Shares		↓ Weighting
APC	New	ANADARKO PETE CORP	$1,177,309,000	–	13,700,787	–	9.81%	–
YUM	New	YUM BRANDS INC	$976,305,000	–	14,079,967	–	8.13%	–
MSFT	New	MICROSOFT CORP	$768,369,000	–	22,242,542	–	6.40%	–
BAC	New	BANK OF AMERICA CORPORATION	$764,076,000	–	59,414,938	–	6.37%	–
LVS	New	LAS VEGAS SANDS CORP	$691,061,000	–	13,056,126	–	5.76%	–
BIDU	New	BAIDU INCspon adr rep a	$659,402,000	–	6,970,277	–	5.49%	–
AIG	New	AMERICAN INTL GROUP INC	$596,506,000	–	13,344,650	–	4.97%	–
SLB	New	SCHLUMBERGER LTD	$595,763,000	–	8,313,744	–	4.96%	–
CELG	New	CELGENE CORP	$554,616,000	–	4,741,114	–	4.62%	–
CLB	New	CORE LABORATORIES N V	$521,967,000	–	3,441,689	–	4.35%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$493,456,000	–	7,447,271	–	4.11%	–
ICE	New	INTERCONTINENTALEXCHANGE INC	$448,886,000	–	2,525,239	–	3.74%	–
BSMX	New	GRUPO FINANCIERO SANTANDER M	$425,879,000	–	29,970,365	–	3.55%	–
HAL	New	HALLIBURTON CO	$424,152,000	–	10,166,625	–	3.53%	–
CAM	New	CAMERON INTERNATIONAL CORP	$409,350,000	–	6,693,104	–	3.41%	–
CBD	New	COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a	$400,627,000	–	8,812,747	–	3.34%	–
CHKP	New	CHECK POINT SOFTWARE TECH LTord	$375,957,000	–	7,567,578	–	3.13%	–
CME	New	CME GROUP INC	$331,280,000	–	4,361,821	–	2.76%	–
CMCSA	New	COMCAST CORP NEWcl a	$284,820,000	–	6,822,045	–	2.37%	–
MJN	New	MEAD JOHNSON NUTRITION CO	$278,775,000	–	3,518,559	–	2.32%	–
VLO	New	VALERO ENERGY CORP NEW	$270,055,000	–	7,766,885	–	2.25%	–
BAP	New	CREDICORP LTD	$254,026,000	–	1,985,202	–	2.12%	–
ABV	New	COMPANHIA DE BEBIDAS DAS AMEspon adr pfd	$157,055,000	–	4,204,956	–	1.31%	–
HOT	New	STARWOOD HOTELS&RESORTS WRLD	$143,299,000	–	2,267,746	–	1.19%	–

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