Holdings of the Fund as of 12/31/2025
Total Number of Holdings (excluding cash): 60
| Expedia Group, Inc. |
EXPE |
30212P303 |
Hotels, Restaurants & Leisure |
474 |
$134,288.94 |
2.28% |
| Alphabet Inc. (Class A) |
GOOGL |
02079K305 |
Interactive Media & Services |
425 |
$133,025.00 |
2.26% |
| A.P. Moeller - Maersk A/S (Class B) |
MAERSKB.DC |
K0514G101 |
Marine Transportation |
55 |
$126,690.17 |
2.15% |
| DHL Group |
DHL.GY |
D19225107 |
Air Freight & Logistics |
2,280 |
$125,210.87 |
2.13% |
| FedEx Corporation |
FDX |
31428X106 |
Air Freight & Logistics |
433 |
$125,076.38 |
2.13% |
| lululemon athletica inc. |
LULU |
550021109 |
Textiles, Apparel & Luxury Goods |
592 |
$123,023.52 |
2.09% |
| Carvana Co. (Class A) |
CVNA |
146869102 |
Specialty Retail |
285 |
$120,275.70 |
2.05% |
| United Parcel Service, Inc. (Class B) |
UPS |
911312106 |
Air Freight & Logistics |
1,204 |
$119,424.76 |
2.03% |
| Cosco Shipping Holdings Company, Ltd. (Class H) |
1919.HK |
Y1839M109 |
Marine Transportation |
66,825 |
$118,062.22 |
2.01% |
| Airbnb, Inc. (Class A) |
ABNB |
009066101 |
Hotels, Restaurants & Leisure |
854 |
$115,904.88 |
1.97% |
| Prologis, Inc. |
PLD |
74340W103 |
Industrial REITs |
897 |
$114,511.02 |
1.95% |
| Next Plc |
NXT.LN |
G6500M106 |
Broadline Retail |
616 |
$113,589.72 |
1.93% |
| Walmart Inc. |
WMT |
931142103 |
Consumer Staples Distribution & Retail |
1,009 |
$112,412.69 |
1.91% |
| Reddit, Inc. (Class A) |
RDDT |
75734B100 |
Interactive Media & Services |
485 |
$111,486.95 |
1.90% |
| Booking Holdings Inc. |
BKNG |
09857L108 |
Hotels, Restaurants & Leisure |
20 |
$107,106.60 |
1.82% |
| Corpay, Inc. |
CPAY |
219948106 |
Financial Services |
353 |
$106,228.29 |
1.81% |
| Amazon.com, Inc. |
AMZN |
023135106 |
Broadline Retail |
451 |
$104,099.82 |
1.77% |
| Trip.com Group Ltd. (ADR) |
TCOM |
89677Q107 |
Hotels, Restaurants & Leisure |
1,444 |
$103,838.04 |
1.77% |
| Rakuten Group, Inc. |
4755.JP |
J64264104 |
Broadline Retail |
16,100 |
$103,193.52 |
1.75% |
| Meituan (Class B) |
3690.HK |
G59669104 |
Hotels, Restaurants & Leisure |
7,705 |
$102,268.60 |
1.74% |
| Baidu, Inc. (ADR) |
BIDU |
056752108 |
Interactive Media & Services |
775 |
$101,261.50 |
1.72% |
| Shopify Inc. (Class A) |
SHOP |
82509L107 |
IT Services |
626 |
$100,767.22 |
1.71% |
| eBay Inc. |
EBAY |
278642103 |
Broadline Retail |
1,139 |
$99,206.90 |
1.69% |
| Fidelity National Information Services, Inc. |
FIS |
31620M106 |
Financial Services |
1,497 |
$99,490.62 |
1.69% |
| Allegro.eu SA |
ALE.PW |
L0R67D109 |
Broadline Retail |
11,453 |
$98,961.74 |
1.68% |
| Snap Inc. (Class A) |
SNAP |
83304A106 |
Interactive Media & Services |
12,251 |
$98,865.57 |
1.68% |
| Zillow Group, Inc. (Class C) |
Z |
98954M200 |
Real Estate Management & Development |
1,450 |
$98,919.00 |
1.68% |
| Taiwan Mobile Co., Ltd. |
3045.TT |
Y84153215 |
Wireless Telecommunication Services |
28,368 |
$97,958.14 |
1.67% |
| Williams-Sonoma, Inc. |
WSM |
969904101 |
Specialty Retail |
542 |
$96,795.78 |
1.65% |
| Delivery Hero SE |
DHER.GY |
D1T0KZ103 |
Hotels, Restaurants & Leisure |
3,603 |
$96,201.98 |
1.64% |
| NAVER Corporation |
035420.KS |
Y62579100 |
Interactive Media & Services |
568 |
$95,591.58 |
1.63% |
| Adyen NV |
ADYEN.NA |
N3501V104 |
Financial Services |
59 |
$95,338.01 |
1.62% |
| Naspers Limited (Class N) |
NPN.SJ |
S53435129 |
Broadline Retail |
1,398 |
$93,242.32 |
1.59% |
| Meta Platforms, Inc. (Class A) |
META |
30303M102 |
Interactive Media & Services |
140 |
$92,412.60 |
1.57% |
| Best Buy Co., Inc. |
BBY |
086516101 |
Specialty Retail |
1,365 |
$91,359.45 |
1.55% |
| Copart, Inc. |
CPRT |
217204106 |
Commercial Services & Supplies |
2,331 |
$91,258.65 |
1.55% |
| Global Payments Inc. |
GPN |
37940X102 |
Financial Services |
1,178 |
$91,177.20 |
1.55% |
| MercadoLibre, Inc. |
MELI |
58733R102 |
Broadline Retail |
45 |
$90,641.70 |
1.54% |
| LY Corp. |
4689.JP |
J9894K105 |
Interactive Media & Services |
33,800 |
$90,023.09 |
1.53% |
| JD Health International Inc. |
6618.HK |
G5074A100 |
Consumer Staples Distribution & Retail |
12,517 |
$89,261.17 |
1.52% |
| CoStar Group, Inc. |
CSGP |
22160N109 |
Real Estate Management & Development |
1,324 |
$89,025.76 |
1.51% |
| PDD Holdings Inc. (ADR) |
PDD |
722304102 |
Broadline Retail |
782 |
$88,670.98 |
1.51% |
| Prosus N.V. |
PRX.NA |
N7163R103 |
Broadline Retail |
1,433 |
$89,002.57 |
1.51% |
| CAR Group Limited |
CAR.AU |
Q21411121 |
Interactive Media & Services |
4,293 |
$88,125.63 |
1.50% |
| KE Holdings Inc. (ADR) |
BEKE |
482497104 |
Real Estate Management & Development |
5,592 |
$88,129.92 |
1.50% |
| Uber Technologies, Inc. |
UBER |
90353T100 |
Ground Transportation |
1,069 |
$87,347.99 |
1.49% |
| Alibaba Group Holding Limited (ADR) |
BABA |
01609W102 |
Broadline Retail |
591 |
$86,628.78 |
1.47% |
| JD.com, Inc. (ADR) |
JD |
47215P106 |
Broadline Retail |
3,022 |
$86,731.40 |
1.47% |
| REA Group Limited |
REA.AU |
Q8051B108 |
Interactive Media & Services |
703 |
$86,037.15 |
1.46% |
| Scout24 SE |
G24.GY |
D345XT105 |
Interactive Media & Services |
850 |
$85,707.25 |
1.46% |
| DoorDash, Inc. (Class A) |
DASH |
25809K105 |
Hotels, Restaurants & Leisure |
373 |
$84,477.04 |
1.44% |
| Pinterest, Inc. (Class A) |
PINS |
72352L106 |
Interactive Media & Services |
3,221 |
$83,391.69 |
1.42% |
| Zebra Technologies Corporation |
ZBRA |
989207105 |
Electronic Equipment, Instruments & Components |
344 |
$83,530.08 |
1.42% |
| Alibaba Health Information Technology Limited |
241.HK |
G0171K101 |
Consumer Staples Distribution & Retail |
125,000 |
$81,109.31 |
1.38% |
| PayPal Holdings, Inc. |
PYPL |
70450Y103 |
Financial Services |
1,355 |
$79,104.90 |
1.35% |
| Auto Trader Group Plc |
AUTO.LN |
G06708104 |
Interactive Media & Services |
9,923 |
$78,434.86 |
1.33% |
| Rightmove Plc |
RMV.LN |
G7565D106 |
Interactive Media & Services |
11,041 |
$77,330.29 |
1.31% |
| Coupang, Inc. |
CPNG |
22266T109 |
Broadline Retail |
3,162 |
$74,591.58 |
1.27% |
| Kuaishou Technology |
1024.HK |
G53263102 |
Interactive Media & Services |
9,000 |
$73,952.41 |
1.26% |
| Fiserv, Inc. |
FISV |
337738108 |
Financial Services |
815 |
$54,743.55 |
0.93% |
| US Dollar |
$USD |
|
Other |
5,906 |
$5,905.63 |
0.10% |
| Pound Sterling |
$GBP |
|
Other |
540 |
$727.50 |
0.01% |
| Euro |
$EUR |
|
Other |
0 |
$0.48 |
0.00% |
| South African Rand |
$ZAR |
|
Other |
411 |
$24.83 |
0.00% |
Holdings are subject to change.
The holdings information set forth above for the date indicated reflects creation and redemption transactions from the prior business day and may differ from the holdings information currently available from the Fund's custodian and accounting agent. With respect to the market value of the Fund's holdings set forth above, the pricing sources are generally third party vendors. The Fund ultimately relies on pricing information provided by the Fund's accounting agent.
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