Dodge & Cox

Period:: Q1 2026
Portfolio date:: Mar 31, 2026
No. of stocks:: 219
Portfolio value:: $181,976,458,000
Filed:: May 14, 2026
CIK:: 200217

Hist	Stock	Activity	Share change	% change to portfolio
Q4 2025filed Feb 13, 2613 new22 added62 reduced10 exited
≡	BN – Brookfield Corp.	Buy	41,280,320	1.02
≡	FISV – Fiserv, Inc.	Add 28.00%	10,840,613	−0.89
≡	AON – Aon PLC	Add 127.00%	4,387,773	0.83
≡	WTW – Willis Towers Watson PLC	Add 91.00%	3,293,334	0.55
≡	TRU – TransUnion	Buy	9,842,006	0.46
≡	PDD – PDD Holdings, Inc.	Buy	4,439,800	0.27
≡	GEHC – GE HealthCare Technologies, Inc.	Add 13.00%	3,693,918	0.27
≡	SBAC – SBA Communications Corp.	Add 24.00%	2,328,837	0.24
≡	FIS – Fidelity National Information Services, Inc.	Add 14.00%	6,008,090	0.23
≡	META – Meta Platforms, Inc.	Add 27.00%	1,056,630	0.22
≡	CI – The Cigna Group	Add 20.00%	1,833,389	0.21
≡	TMUS – T-Mobile U.S., Inc.	Add 65.00%	2,442,450	0.19
≡	LPLA – LPL Financial Holdings, Inc.	Add 19.00%	619,715	0.16
≡	BKNG – Booking Holdings, Inc.	Add 8.00%	56,999	0.15
≡	AJG – Arthur J Gallagher & Co.	Buy	880,585	0.12
≡	CHTR – Charter Communications, Inc.	Add 24.00%	2,801,671	−0.11
≡	ADBE – Adobe, Inc.	Add 36.00%	570,969	0.11
≡	IEX – IDEX Corp.	Add 267.00%	918,208	0.09
≡	RAL – Ralliant Corp.	Add 13.00%	1,434,376	0.08
≡	ADM – Archer-Daniels-Midland Co.	Add 13.00%	2,016,101	0.04
≡	FCNCA – First Citizens BancShares, Inc.	Buy	31,566	0.04
≡	KSPI – Kaspi.KZ JSC	Add 931.00%	165,900	0.01
≡	MELI – MercadoLibre, Inc.	Add 255.00%	1,000	0.00
≡	KARO – Karooooo, Ltd.	Buy	24,423	0.00
≡	ATAT – Atour Lifestyle Holdings, Ltd.	Buy	28,152	0.00
≡	CIB – Grupo Cibest SA	Buy	12,046	0.00
≡	Q – Qnity Electronics, Inc.	Buy	7,503	0.00
≡	LOMA – Loma Negra Cia Industrial Argentina SA	Buy	43,482	0.00
≡	ZH – Zhihu, Inc.	Add 15.00%	42,267	−0.00
≡	UL – Unilever PLC	Buy	5,244	0.00
≡	INTU – Intuitive Surgical, Inc.	Buy	500	0.00
≡	RIO – Rio Tinto PLC	Buy	3,000	0.00
≡	ABEV – Ambev SA	Add 7.00%	20,000	0.00
≡	JBS – JBS NV	Add 6.00%	1,000	0.00
≡	BLK – Blackrock, Inc.	Add 9.00%	56	−0.00
Q3 2025filed Nov 13, 25219 new
≡	SCHW – The Charles Schwab Corp.	Buy	83,043,253	4.28
≡	JCI – Johnson Controls International PLC	Buy	64,210,645	3.81
≡	RTX – RTX Corp.	Buy	40,099,366	3.62
≡	CVS – CVS Health Corp.	Buy	73,176,586	2.98
≡	FISV – Fiserv, Inc.	Buy	38,634,009	2.69
≡	MET – MetLife, Inc.	Buy	53,659,664	2.38
≡	MSFT – Microsoft Corp.	Buy	7,872,161	2.20
≡	FDX – FedEx Corp.	Buy	16,225,160	2.06
≡	BK – The Bank of New York Mellon Corp.	Buy	34,842,944	2.05
≡	OXY – Occidental Petroleum Corp.	Buy	79,883,371	2.04
≡	BKNG – Booking Holdings, Inc.	Buy	675,082	1.97
≡	AMZN – Amazon.com, Inc.	Buy	16,296,330	1.93
≡	CMCSA – Comcast Corp.	Buy	112,567,918	1.91
≡	TEL – TE Connectivity PLC	Buy	16,039,754	1.90
≡	GOOG – Alphabet, Inc.	Buy	13,992,737	1.84
≡	GLAXF – GSK PLC	Buy	78,403,734	1.83
≡	GILD – Gilead Sciences, Inc.	Buy	30,133,131	1.80
≡	UNH – UnitedHealth Group, Inc.	Buy	9,505,636	1.77
≡	NSC – Norfolk Southern Corp.	Buy	10,874,249	1.76
≡	WFC – Wells Fargo & Co.	Buy	38,887,925	1.76
≡	SNYNF – Sanofi SA	Buy	68,931,747	1.76
≡	CHTR – Charter Communications, Inc.	Buy	11,807,549	1.75
≡	HUM – Humana, Inc.	Buy	11,338,186	1.59
≡	META – Meta Platforms, Inc.	Buy	3,963,207	1.57
≡	FIS – Fidelity National Information Services, Inc.	Buy	43,105,207	1.53
≡	GOOGL – Alphabet, Inc.	Buy	11,338,777	1.49
≡	CI – The Cigna Group	Buy	9,305,225	1.45
≡	COF – Capital One Financial Corp.	Buy	12,107,917	1.39
≡	REGN – Regeneron Pharmaceuticals, Inc.	Buy	4,550,845	1.38
≡	APD – Air Products & Chemicals, Inc.	Buy	9,004,892	1.33
≡	ZBH – Zimmer Biomet Holdings, Inc.	Buy	23,216,173	1.23
≡	IFF – International Flavors & Fragrances, Inc.	Buy	36,972,638	1.23
≡	BUDFF – Anheuser-Busch InBev SA/NV	Buy	36,546,221	1.18
≡	BKR – Baker Hughes Co.	Buy	44,053,488	1.16
≡	FTV – Fortive Corp.	Buy	42,595,794	1.13
≡	GEHC – GE HealthCare Technologies, Inc.	Buy	27,517,311	1.12
≡	BABA – Alibaba Group Holding, Ltd.	Buy	10,975,370	1.06
≡	GE – GE Aerospace	Buy	6,271,622	1.02
≡	SBAC – SBA Communications Corp.	Buy	9,667,297	1.01
≡	SUI – Sun Communities, Inc.	Buy	14,480,815	1.01
≡	GS – The Goldman Sachs Group, Inc.	Buy	2,208,625	0.95
≡	UBS – UBS Group AG	Buy	42,641,442	0.95
≡	ELAN – Elanco Animal Health, Inc.	Buy	82,759,837	0.90
≡	CPNG – Coupang, Inc.	Buy	46,947,720	0.82
≡	AVTR – Avantor, Inc.	Buy	117,746,888	0.79
≡	D – Dominion Energy, Inc.	Buy	22,780,033	0.75
≡	HLNCF – Haleon PLC	Buy	154,384,622	0.75
≡	NVSEF – Novartis AG	Buy	10,585,145	0.73
≡	BAX – Baxter International, Inc.	Buy	57,396,370	0.71
≡	BAP – Credicorp, Ltd.	Buy	4,899,715	0.70
≡	WTW – Willis Towers Watson PLC	Buy	3,632,191	0.68
≡	AON – Aon PLC	Buy	3,464,683	0.67
≡	INCY – Incyte Corp.	Buy	13,932,416	0.64
≡	SU – Suncor Energy, Inc.	Buy	27,471,954	0.62
≡	LPLA – LPL Financial Holdings, Inc.	Buy	3,329,255	0.60
≡	CTSH – Cognizant Technology Solutions Corp.	Buy	16,201,642	0.59
≡	AEP – American Electric Power Co., Inc.	Buy	9,523,516	0.58
≡	ALNY – Alnylam Pharmaceuticals, Inc.	Buy	2,321,230	0.57
≡	TDY – Teledyne Technologies, Inc.	Buy	1,680,962	0.53
≡	COP – ConocoPhillips	Buy	10,327,000	0.53
≡	HPQ – HP, Inc.	Buy	34,683,331	0.51
≡	SATS – EchoStar Corp.	Buy	11,791,127	0.49
≡	ADM – Archer-Daniels-Midland Co.	Buy	15,068,544	0.49
≡	TMUS – T-Mobile U.S., Inc.	Buy	3,743,522	0.48
≡	CXMSF – Cemex SAB de CV	Buy	96,734,370	0.47
≡	TAP – Molson Coors Beverage Co.	Buy	18,631,224	0.45
≡	LYB – LyondellBasell Industries NV	Buy	16,969,062	0.45
≡	FOXA – Fox Corp.	Buy	13,151,969	0.45
≡	CARR – Carrier Global Corp.	Buy	13,427,697	0.43
≡	BMRN – BioMarin Pharmaceutical, Inc.	Buy	14,686,801	0.43
≡	BAC – Bank of America Corp.	Buy	15,347,021	0.43
≡	STT – State Street Corp.	Buy	6,795,174	0.43
≡	NBIX – Neurocrine Biosciences, Inc.	Buy	5,556,618	0.42
≡	MDT – Medtronic PLC	Buy	7,725,071	0.40
≡	AEG – Aegon, Ltd.	Buy	85,783,505	0.37
≡	JDCMF – JD.com, Inc.	Buy	18,792,249	0.35
≡	XP – XP, Inc.	Buy	34,478,145	0.35
≡	CE – Celanese Corp.	Buy	15,361,604	0.35
≡	GLPI – Gaming & Leisure Properties, Inc.	Buy	13,582,857	0.34
≡	LIN – Linde PLC	Buy	1,329,590	0.34
≡	VFC – VF Corp.	Buy	40,977,400	0.32
≡	BAIDF – Baidu, Inc.	Buy	4,404,415	0.31
≡	ADBE – Adobe, Inc.	Buy	1,593,506	0.30
≡	TRP – TC Energy Corp.	Buy	9,645,800	0.28
≡	RAL – Ralliant Corp.	Buy	10,780,303	0.25
≡	FOX – Fox Corp.	Buy	7,285,191	0.23
≡	MLCMF – Millicom International Cellular SA	Buy	8,448,632	0.22
≡	MCHP – Microchip Technology, Inc.	Buy	6,211,864	0.22
≡	NWSA – News Corp.	Buy	12,476,445	0.21
≡	YUMC – Yum China Holdings, Inc.	Buy	8,520,862	0.20
≡	BNTX – BioNTech SE	Buy	3,647,091	0.19
≡	NETTF – NetEase, Inc.	Buy	2,292,576	0.19
≡	TECK – Teck Resources, Ltd.	Buy	7,871,440	0.19
≡	BMY – Bristol-Myers Squibb Co.	Buy	7,423,820	0.18
≡	AMRZ – Amrize, Ltd.	Buy	5,786,541	0.15
≡	HDB – HDFC Bank, Ltd.	Buy	6,214,800	0.11
≡	TV – Grupo Televisa SAB	Buy	64,208,690	0.09
≡	FLUT – Flutter Entertainment PLC	Buy	628,878	0.09
≡	ITUB – Itau Unibanco Holding SA	Buy	18,622,215	0.07
≡	GAP – The Gap, Inc.	Buy	5,429,526	0.06
≡	AXP – American Express Co.	Buy	345,492	0.06
≡	FMCQF – Fresenius Medical Care AG	Buy	3,826,910	0.05
≡	GEV – GE Vernova, Inc.	Buy	153,740	0.05
≡	CDNS – Cadence Design Systems, Inc.	Buy	240,525	0.05
≡	COHR – Coherent Corp.	Buy	744,879	0.04
≡	LBTYA – Liberty Global, Ltd.	Buy	6,682,068	0.04
≡	WMB – The Williams Co., Inc.	Buy	1,115,522	0.04
≡	UNP – Union Pacific Corp.	Buy	272,881	0.03
≡	JPM – JPMorgan Chase & Co.	Buy	194,655	0.03
≡	IEX – IDEX Corp.	Buy	344,342	0.03
≡	LBTYA – Liberty Global, Ltd.	Buy	4,767,561	0.03
≡	CVX – Chevron Corp.	Buy	223,271	0.02
≡	LLY – Eli Lilly & Co.	Buy	43,384	0.02
≡	DIS – The Walt Disney Co.	Buy	288,127	0.02
≡	TSM – Taiwan Semiconductor Manufacturing Co., Ltd.	Buy	107,800	0.02
≡	TRV – The Travelers Co., Inc.	Buy	100,965	0.02
≡	NESR – National Energy Services Reunited Corp.	Buy	2,255,894	0.01
≡	CAT – Caterpillar, Inc.	Buy	40,794	0.01
≡	WMT – Walmart, Inc.	Buy	180,835	0.01
≡	SLB – Schlumberger NV	Buy	476,259	0.01
≡	CSCO – Cisco Systems, Inc.	Buy	217,789	0.01
≡	PG – The Procter & Gamble Co.	Buy	90,796	0.01
≡	INTR – International Business Machines Corp.	Buy	47,188	0.01
≡	MRK – Merck & Co., Inc.	Buy	154,275	0.01
≡	TMO – Thermo Fisher Scientific, Inc.	Buy	25,741	0.01
≡	AZNCF – AstraZeneca PLC	Buy	137,488	0.01
≡	TGT – Target Corp.	Buy	106,079	0.01
≡	HD – The Home Depot, Inc.	Buy	23,272	0.01
≡	BSX – Boston Scientific Corp.	Buy	88,885	0.00
≡	XOM – Exxon Mobil Corp.	Buy	75,863	0.00
≡	AAPL – Apple, Inc.	Buy	31,322	0.00
≡	ADI – Analog Devices, Inc.	Buy	30,805	0.00
≡	VMC – Vulcan Materials Co.	Buy	24,100	0.00
≡	AVGO – Broadcom, Inc.	Buy	21,030	0.00
≡	DE – Deere & Co.	Buy	12,626	0.00
≡	BRK-B – Berkshire Hathaway, Inc.	Buy	11,440	0.00
≡	SNPS – Synopsys, Inc.	Buy	10,900	0.00
≡	MSI – Motorola Solutions, Inc.	Buy	11,355	0.00
≡	ACMR – ACM Research, Inc.	Buy	122,892	0.00
≡	RYDAF – Shell PLC	Buy	55,919	0.00
≡	JNJ – Johnson & Johnson	Buy	20,947	0.00
≡	AMGN – Amgen, Inc.	Buy	13,367	0.00
≡	DELL – Dell Technologies, Inc.	Buy	23,630	0.00
≡	GLW – Corning, Inc.	Buy	39,900	0.00
≡	DHR – Danaher Corp.	Buy	16,450	0.00
≡	BRK-B – Berkshire Hathaway, Inc.	Buy	4	0.00
≡	JOYY – JOYY, Inc.	Buy	49,606	0.00
≡	PNC – The PNC Financial Services Group, Inc.	Buy	14,065	0.00
≡	PM – Philip Morris International, Inc.	Buy	17,000	0.00
≡	SPGI – S&P Global, Inc.	Buy	5,400	0.00
≡	VIPS – Vipshop Holdings, Ltd.	Buy	124,197	0.00
≡	ABBV – AbbVie, Inc.	Buy	10,473	0.00
≡	PFE – Pfizer, Inc.	Buy	93,014	0.00
≡	ABT – Abbott Laboratories	Buy	17,324	0.00
≡	HPE – Hewlett Packard Enterprise Co.	Buy	87,754	0.00
≡	MCD – McDonald's Corp.	Buy	6,475	0.00
≡	PH – Parker-Hannifin Corp.	Buy	2,500	0.00
≡	NEE – NextEra Energy, Inc.	Buy	23,600	0.00
≡	HON – Honeywell International, Inc.	Buy	8,019	0.00
≡	KO – The Coca-Cola Co.	Buy	24,000	0.00
≡	OTIS – Otis Worldwide Corp.	Buy	16,610	0.00
≡	LVS – Las Vegas Sands Corp.	Buy	28,186	0.00
≡	KSPI – Kaspi.KZ JSC	Buy	17,826	0.00
≡	TRPCF – Trip.com Group, Ltd.	Buy	19,250	0.00
≡	UNLYF – Unilever PLC	Buy	23,900	0.00
≡	ZH – Zhihu, Inc.	Buy	276,897	0.00
≡	CTVA – Corteva, Inc.	Buy	20,539	0.00
≡	MO – Altria Group, Inc.	Buy	21,000	0.00
≡	EBAY – eBay, Inc.	Buy	14,050	0.00
≡	MMM – 3M Co.	Buy	7,696	0.00
≡	DD – DuPont de Nemours, Inc.	Buy	15,175	0.00
≡	CL – Colgate-Palmolive Co.	Buy	14,000	0.00
≡	DGEAF – Diageo PLC	Buy	11,077	0.00
≡	TFC – Truist Financial Corp.	Buy	20,911	0.00
≡	MELI – MercadoLibre, Inc.	Buy	392	0.00
≡	APA – APA Corp.	Buy	35,200	0.00
≡	NUE – Nucor Corp.	Buy	6,200	0.00
≡	BLK – Blackrock, Inc.	Buy	655	0.00
≡	PSMT – PriceSmart, Inc.	Buy	6,156	0.00
≡	MCO – Moody's Corp.	Buy	1,566	0.00
≡	ARCO – Arcos Dorados Holdings, Inc.	Buy	109,966	0.00
≡	MDLZ – Mondelez International, Inc.	Buy	11,840	0.00
≡	AMP – Ameriprise Financial, Inc.	Buy	1,500	0.00
≡	LYV – Live Nation Entertainment, Inc.	Buy	4,500	0.00
≡	IFS – Intercorp Financial Services, Inc.	Buy	17,391	0.00
≡	GPC – Genuine Parts Co.	Buy	4,665	0.00
≡	NVDA – NVIDIA Corp.	Buy	3,400	0.00
≡	CIB – Grupo Cibest SA	Buy	12,046	0.00
≡	ABEV – Ambev SA	Buy	276,300	0.00
≡	GPRK – Geopark, Ltd.	Buy	93,045	0.00
≡	MGRE – Affiliated Managers Group, Inc.	Buy	2,400	0.00
≡	GIS – General Mills, Inc.	Buy	11,200	0.00
≡	ALL – The Allstate Corp.	Buy	2,595	0.00
≡	GTMAY – Grupo Aeroportuario del Sureste SAB de CV	Buy	1,700	0.00
≡	AFYA – Afya, Ltd.	Buy	35,262	0.00
≡	DLO – Dlocal, Ltd.	Buy	36,700	0.00
≡	LAUR – Laureate Education, Inc.	Buy	15,700	0.00
≡	CPA – Copa Holdings SA	Buy	3,950	0.00
≡	PEP – PepsiCo, Inc.	Buy	3,075	0.00
≡	ELV – Elevance Health, Inc.	Buy	1,300	0.00
≡	PBR – Petroleo Brasileiro SA - Petrobras	Buy	32,700	0.00
≡	VOO – Vanguard S&P 500 ETF	Buy	650	0.00
≡	LMT – Lockheed Martin Corp.	Buy	775	0.00
≡	CTAS – Cintas Corp.	Buy	1,800	0.00
≡	MGM – MGM Resorts International	Buy	10,500	0.00
≡	HAL – Halliburton Co.	Buy	14,700	0.00
≡	PSX – Phillips 66	Buy	2,600	0.00
≡	PAX – Patria Investments, Ltd.	Buy	21,200	0.00
≡	PYPL – PayPal Holdings, Inc.	Buy	4,475	0.00
≡	V – Visa, Inc.	Buy	859	0.00
≡	DOW – Dow, Inc.	Buy	11,711	0.00
≡	LOMA – Loma Negra Cia Industrial Argentina SA	Buy	36,400	0.00
≡	VZ – Verizon Communications, Inc.	Buy	5,500	0.00
≡	JBS – JBS NV	Buy	15,950	0.00
≡	PPG – PPG Industries, Inc.	Buy	2,200	0.00
≡	IAU – Intuitive Surgical, Inc.	Buy	500	0.00
≡	ZTS – Zoetis, Inc.	Buy	1,500	0.00
≡	CB – Chubb, Ltd.	Buy	722	0.00
≡	CIG – Cia Energetica de Minas Gerais	Buy	15,000	0.00
Q2 2024filed Aug 13, 245 new6 added18 reduced41 exited
≡	HUM – Humana, Inc.	Buy	4,308,536	1.15
≡	JCI – Johnson Controls International PLC	Add 7.00%	5,334,665	1.03
≡	CVS – CVS Health Corp.	Add 50.00%	20,670,800	0.71
≡	NSC – Norfolk Southern Corp.	Add 33.00%	2,669,800	0.46
≡	CPNG – Coupang, Inc.	Buy	12,114,152	0.18
≡	BAIDF – Baidu, Inc.	Add 55.00%	2,099,500	0.13
≡	HDB – HDFC Bank, Ltd.	Add 14.00%	294,958	0.04
≡	GEV – GE Vernova, Inc.	Buy	182,865	0.02
≡	NETTF – NetEase, Inc.	Add 14.00%	133,826	0.02
≡	DLO – Dlocal, Ltd.	Buy	44,900	0.00
≡	IAU – Intuitive Surgical, Inc.	Buy	500	0.00
Q1 2024filed May 14, 245 new23 added27 reduced3 exited
≡	IFF – International Flavors & Fragrances, Inc.	Add 80.00%	12,288,286	0.59
≡	AEP – American Electric Power Co., Inc.	Buy	11,364,305	0.57
≡	JCI – Johnson Controls International PLC	Add 18.00%	12,145,865	0.55
≡	SUI – Sun Communities, Inc.	Buy	5,418,615	0.40
≡	CVS – CVS Health Corp.	Add 35.00%	10,599,153	0.37
≡	ZBH – Zimmer Biomet Holdings, Inc.	Add 43.00%	4,944,735	0.37
≡	FIS – Fidelity National Information Services, Inc.	Add 10.00%	3,882,240	0.35
≡	HLNCF – Haleon PLC	Add 60.00%	66,290,153	0.29
≡	MET – MetLife, Inc.	Add 6.00%	3,065,843	0.19
≡	BAC – Bank of America Corp.	Add 7.00%	4,546,525	0.14
≡	CHTR – Charter Communications, Inc.	Add 38.00%	3,163,944	−0.12
≡	SATS – EchoStar Corp.	Buy	13,656,514	0.11
≡	FLUT – Flutter Entertainment PLC	Buy	624,478	0.07
≡	VFC – VF Corp.	Add 10.00%	3,121,450	−0.07
≡	YUMC – Yum China Holdings, Inc.	Add 112.00%	3,554,331	0.07
≡	HDB – HDFC Bank, Ltd.	Add 269.00%	1,507,873	0.04
≡	NTR – Nutrien, Ltd.	Add 7.00%	804,500	−0.02
≡	JDCMF – JD.com, Inc.	Add 9.00%	1,986,500	−0.02
≡	BKR – Baker Hughes Co.	Add 9.00%	3,971,300	−0.02
≡	BAIDF – Baidu, Inc.	Add 20.00%	633,600	−0.01
≡	UNH – UnitedHealth Group, Inc.	Add 16.00%	539,813	−0.01
≡	TSM – Taiwan Semiconductor Manufacturing Co., Ltd.	Add 41.00%	25,000	0.00
≡	KSPI – Kaspi.KZ JSC	Buy	5,526	0.00
≡	WMT – Walmart, Inc.	Add 196.00%	137,040	0.00
≡	LVS – Las Vegas Sands Corp.	Add 39.00%	7,900	0.00
≡	JOYY – JOYY, Inc.	Add 6.00%	2,000	−0.00
≡	VIPS – Vipshop Holdings, Ltd.	Add 42.00%	28,000	0.00
≡	AOSL – Alpha & Omega Semiconductor, Ltd.	Add 34.00%	12,279	0.00

Hist	Stock	Activity	Share change	% change to portfolio
Q4 2025filed Feb 13, 2613 new22 added62 reduced10 exited
≡	BN – Brookfield Corp.	Buy	41,280,320	1.02
≡	FISV – Fiserv, Inc.	Add 28.00%	10,840,613	−0.89
≡	AON – Aon PLC	Add 127.00%	4,387,773	0.83
≡	WTW – Willis Towers Watson PLC	Add 91.00%	3,293,334	0.55
≡	TRU – TransUnion	Buy	9,842,006	0.46
≡	PDD – PDD Holdings, Inc.	Buy	4,439,800	0.27
≡	GEHC – GE HealthCare Technologies, Inc.	Add 13.00%	3,693,918	0.27
≡	SBAC – SBA Communications Corp.	Add 24.00%	2,328,837	0.24
≡	FIS – Fidelity National Information Services, Inc.	Add 14.00%	6,008,090	0.23
≡	META – Meta Platforms, Inc.	Add 27.00%	1,056,630	0.22
≡	CI – The Cigna Group	Add 20.00%	1,833,389	0.21
≡	TMUS – T-Mobile U.S., Inc.	Add 65.00%	2,442,450	0.19
≡	LPLA – LPL Financial Holdings, Inc.	Add 19.00%	619,715	0.16
≡	BKNG – Booking Holdings, Inc.	Add 8.00%	56,999	0.15
≡	AJG – Arthur J Gallagher & Co.	Buy	880,585	0.12
≡	CHTR – Charter Communications, Inc.	Add 24.00%	2,801,671	−0.11
≡	ADBE – Adobe, Inc.	Add 36.00%	570,969	0.11
≡	IEX – IDEX Corp.	Add 267.00%	918,208	0.09
≡	RAL – Ralliant Corp.	Add 13.00%	1,434,376	0.08
≡	ADM – Archer-Daniels-Midland Co.	Add 13.00%	2,016,101	0.04
≡	FCNCA – First Citizens BancShares, Inc.	Buy	31,566	0.04
≡	KSPI – Kaspi.KZ JSC	Add 931.00%	165,900	0.01
≡	MELI – MercadoLibre, Inc.	Add 255.00%	1,000	0.00
≡	KARO – Karooooo, Ltd.	Buy	24,423	0.00
≡	ATAT – Atour Lifestyle Holdings, Ltd.	Buy	28,152	0.00
≡	CIB – Grupo Cibest SA	Buy	12,046	0.00
≡	Q – Qnity Electronics, Inc.	Buy	7,503	0.00
≡	LOMA – Loma Negra Cia Industrial Argentina SA	Buy	43,482	0.00
≡	ZH – Zhihu, Inc.	Add 15.00%	42,267	−0.00
≡	UL – Unilever PLC	Buy	5,244	0.00
≡	INTU – Intuitive Surgical, Inc.	Buy	500	0.00
≡	RIO – Rio Tinto PLC	Buy	3,000	0.00
≡	ABEV – Ambev SA	Add 7.00%	20,000	0.00
≡	JBS – JBS NV	Add 6.00%	1,000	0.00
≡	BLK – Blackrock, Inc.	Add 9.00%	56	−0.00
Q3 2025filed Nov 13, 25219 new
≡	SCHW – The Charles Schwab Corp.	Buy	83,043,253	4.28
≡	JCI – Johnson Controls International PLC	Buy	64,210,645	3.81
≡	RTX – RTX Corp.	Buy	40,099,366	3.62
≡	CVS – CVS Health Corp.	Buy	73,176,586	2.98
≡	FISV – Fiserv, Inc.	Buy	38,634,009	2.69
≡	MET – MetLife, Inc.	Buy	53,659,664	2.38
≡	MSFT – Microsoft Corp.	Buy	7,872,161	2.20
≡	FDX – FedEx Corp.	Buy	16,225,160	2.06
≡	BK – The Bank of New York Mellon Corp.	Buy	34,842,944	2.05
≡	OXY – Occidental Petroleum Corp.	Buy	79,883,371	2.04
≡	BKNG – Booking Holdings, Inc.	Buy	675,082	1.97
≡	AMZN – Amazon.com, Inc.	Buy	16,296,330	1.93
≡	CMCSA – Comcast Corp.	Buy	112,567,918	1.91
≡	TEL – TE Connectivity PLC	Buy	16,039,754	1.90
≡	GOOG – Alphabet, Inc.	Buy	13,992,737	1.84
≡	GLAXF – GSK PLC	Buy	78,403,734	1.83
≡	GILD – Gilead Sciences, Inc.	Buy	30,133,131	1.80
≡	UNH – UnitedHealth Group, Inc.	Buy	9,505,636	1.77
≡	NSC – Norfolk Southern Corp.	Buy	10,874,249	1.76
≡	WFC – Wells Fargo & Co.	Buy	38,887,925	1.76
≡	SNYNF – Sanofi SA	Buy	68,931,747	1.76
≡	CHTR – Charter Communications, Inc.	Buy	11,807,549	1.75
≡	HUM – Humana, Inc.	Buy	11,338,186	1.59
≡	META – Meta Platforms, Inc.	Buy	3,963,207	1.57
≡	FIS – Fidelity National Information Services, Inc.	Buy	43,105,207	1.53
≡	GOOGL – Alphabet, Inc.	Buy	11,338,777	1.49
≡	CI – The Cigna Group	Buy	9,305,225	1.45
≡	COF – Capital One Financial Corp.	Buy	12,107,917	1.39
≡	REGN – Regeneron Pharmaceuticals, Inc.	Buy	4,550,845	1.38
≡	APD – Air Products & Chemicals, Inc.	Buy	9,004,892	1.33
≡	ZBH – Zimmer Biomet Holdings, Inc.	Buy	23,216,173	1.23
≡	IFF – International Flavors & Fragrances, Inc.	Buy	36,972,638	1.23
≡	BUDFF – Anheuser-Busch InBev SA/NV	Buy	36,546,221	1.18
≡	BKR – Baker Hughes Co.	Buy	44,053,488	1.16
≡	FTV – Fortive Corp.	Buy	42,595,794	1.13
≡	GEHC – GE HealthCare Technologies, Inc.	Buy	27,517,311	1.12
≡	BABA – Alibaba Group Holding, Ltd.	Buy	10,975,370	1.06
≡	GE – GE Aerospace	Buy	6,271,622	1.02
≡	SBAC – SBA Communications Corp.	Buy	9,667,297	1.01
≡	SUI – Sun Communities, Inc.	Buy	14,480,815	1.01
≡	GS – The Goldman Sachs Group, Inc.	Buy	2,208,625	0.95
≡	UBS – UBS Group AG	Buy	42,641,442	0.95
≡	ELAN – Elanco Animal Health, Inc.	Buy	82,759,837	0.90
≡	CPNG – Coupang, Inc.	Buy	46,947,720	0.82
≡	AVTR – Avantor, Inc.	Buy	117,746,888	0.79
≡	D – Dominion Energy, Inc.	Buy	22,780,033	0.75
≡	HLNCF – Haleon PLC	Buy	154,384,622	0.75
≡	NVSEF – Novartis AG	Buy	10,585,145	0.73
≡	BAX – Baxter International, Inc.	Buy	57,396,370	0.71
≡	BAP – Credicorp, Ltd.	Buy	4,899,715	0.70
≡	WTW – Willis Towers Watson PLC	Buy	3,632,191	0.68
≡	AON – Aon PLC	Buy	3,464,683	0.67
≡	INCY – Incyte Corp.	Buy	13,932,416	0.64
≡	SU – Suncor Energy, Inc.	Buy	27,471,954	0.62
≡	LPLA – LPL Financial Holdings, Inc.	Buy	3,329,255	0.60
≡	CTSH – Cognizant Technology Solutions Corp.	Buy	16,201,642	0.59
≡	AEP – American Electric Power Co., Inc.	Buy	9,523,516	0.58
≡	ALNY – Alnylam Pharmaceuticals, Inc.	Buy	2,321,230	0.57
≡	TDY – Teledyne Technologies, Inc.	Buy	1,680,962	0.53
≡	COP – ConocoPhillips	Buy	10,327,000	0.53
≡	HPQ – HP, Inc.	Buy	34,683,331	0.51
≡	SATS – EchoStar Corp.	Buy	11,791,127	0.49
≡	ADM – Archer-Daniels-Midland Co.	Buy	15,068,544	0.49
≡	TMUS – T-Mobile U.S., Inc.	Buy	3,743,522	0.48
≡	CXMSF – Cemex SAB de CV	Buy	96,734,370	0.47
≡	TAP – Molson Coors Beverage Co.	Buy	18,631,224	0.45
≡	LYB – LyondellBasell Industries NV	Buy	16,969,062	0.45
≡	FOXA – Fox Corp.	Buy	13,151,969	0.45
≡	CARR – Carrier Global Corp.	Buy	13,427,697	0.43
≡	BMRN – BioMarin Pharmaceutical, Inc.	Buy	14,686,801	0.43
≡	BAC – Bank of America Corp.	Buy	15,347,021	0.43
≡	STT – State Street Corp.	Buy	6,795,174	0.43
≡	NBIX – Neurocrine Biosciences, Inc.	Buy	5,556,618	0.42
≡	MDT – Medtronic PLC	Buy	7,725,071	0.40
≡	AEG – Aegon, Ltd.	Buy	85,783,505	0.37
≡	JDCMF – JD.com, Inc.	Buy	18,792,249	0.35
≡	XP – XP, Inc.	Buy	34,478,145	0.35
≡	CE – Celanese Corp.	Buy	15,361,604	0.35
≡	GLPI – Gaming & Leisure Properties, Inc.	Buy	13,582,857	0.34
≡	LIN – Linde PLC	Buy	1,329,590	0.34
≡	VFC – VF Corp.	Buy	40,977,400	0.32
≡	BAIDF – Baidu, Inc.	Buy	4,404,415	0.31
≡	ADBE – Adobe, Inc.	Buy	1,593,506	0.30
≡	TRP – TC Energy Corp.	Buy	9,645,800	0.28
≡	RAL – Ralliant Corp.	Buy	10,780,303	0.25
≡	FOX – Fox Corp.	Buy	7,285,191	0.23
≡	MLCMF – Millicom International Cellular SA	Buy	8,448,632	0.22
≡	MCHP – Microchip Technology, Inc.	Buy	6,211,864	0.22
≡	NWSA – News Corp.	Buy	12,476,445	0.21
≡	YUMC – Yum China Holdings, Inc.	Buy	8,520,862	0.20
≡	BNTX – BioNTech SE	Buy	3,647,091	0.19
≡	NETTF – NetEase, Inc.	Buy	2,292,576	0.19
≡	TECK – Teck Resources, Ltd.	Buy	7,871,440	0.19
≡	BMY – Bristol-Myers Squibb Co.	Buy	7,423,820	0.18
≡	AMRZ – Amrize, Ltd.	Buy	5,786,541	0.15
≡	HDB – HDFC Bank, Ltd.	Buy	6,214,800	0.11
≡	TV – Grupo Televisa SAB	Buy	64,208,690	0.09
≡	FLUT – Flutter Entertainment PLC	Buy	628,878	0.09
≡	ITUB – Itau Unibanco Holding SA	Buy	18,622,215	0.07
≡	GAP – The Gap, Inc.	Buy	5,429,526	0.06
≡	AXP – American Express Co.	Buy	345,492	0.06
≡	FMCQF – Fresenius Medical Care AG	Buy	3,826,910	0.05
≡	GEV – GE Vernova, Inc.	Buy	153,740	0.05
≡	CDNS – Cadence Design Systems, Inc.	Buy	240,525	0.05
≡	COHR – Coherent Corp.	Buy	744,879	0.04
≡	LBTYA – Liberty Global, Ltd.	Buy	6,682,068	0.04
≡	WMB – The Williams Co., Inc.	Buy	1,115,522	0.04
≡	UNP – Union Pacific Corp.	Buy	272,881	0.03
≡	JPM – JPMorgan Chase & Co.	Buy	194,655	0.03
≡	IEX – IDEX Corp.	Buy	344,342	0.03
≡	LBTYA – Liberty Global, Ltd.	Buy	4,767,561	0.03
≡	CVX – Chevron Corp.	Buy	223,271	0.02
≡	LLY – Eli Lilly & Co.	Buy	43,384	0.02
≡	DIS – The Walt Disney Co.	Buy	288,127	0.02
≡	TSM – Taiwan Semiconductor Manufacturing Co., Ltd.	Buy	107,800	0.02
≡	TRV – The Travelers Co., Inc.	Buy	100,965	0.02
≡	NESR – National Energy Services Reunited Corp.	Buy	2,255,894	0.01
≡	CAT – Caterpillar, Inc.	Buy	40,794	0.01
≡	WMT – Walmart, Inc.	Buy	180,835	0.01
≡	SLB – Schlumberger NV	Buy	476,259	0.01
≡	CSCO – Cisco Systems, Inc.	Buy	217,789	0.01
≡	PG – The Procter & Gamble Co.	Buy	90,796	0.01
≡	INTR – International Business Machines Corp.	Buy	47,188	0.01
≡	MRK – Merck & Co., Inc.	Buy	154,275	0.01
≡	TMO – Thermo Fisher Scientific, Inc.	Buy	25,741	0.01
≡	AZNCF – AstraZeneca PLC	Buy	137,488	0.01
≡	TGT – Target Corp.	Buy	106,079	0.01
≡	HD – The Home Depot, Inc.	Buy	23,272	0.01
≡	BSX – Boston Scientific Corp.	Buy	88,885	0.00
≡	XOM – Exxon Mobil Corp.	Buy	75,863	0.00
≡	AAPL – Apple, Inc.	Buy	31,322	0.00
≡	ADI – Analog Devices, Inc.	Buy	30,805	0.00
≡	VMC – Vulcan Materials Co.	Buy	24,100	0.00
≡	AVGO – Broadcom, Inc.	Buy	21,030	0.00
≡	DE – Deere & Co.	Buy	12,626	0.00
≡	BRK-B – Berkshire Hathaway, Inc.	Buy	11,440	0.00
≡	SNPS – Synopsys, Inc.	Buy	10,900	0.00
≡	MSI – Motorola Solutions, Inc.	Buy	11,355	0.00
≡	ACMR – ACM Research, Inc.	Buy	122,892	0.00
≡	RYDAF – Shell PLC	Buy	55,919	0.00
≡	JNJ – Johnson & Johnson	Buy	20,947	0.00
≡	AMGN – Amgen, Inc.	Buy	13,367	0.00
≡	DELL – Dell Technologies, Inc.	Buy	23,630	0.00
≡	GLW – Corning, Inc.	Buy	39,900	0.00
≡	DHR – Danaher Corp.	Buy	16,450	0.00
≡	BRK-B – Berkshire Hathaway, Inc.	Buy	4	0.00
≡	JOYY – JOYY, Inc.	Buy	49,606	0.00
≡	PNC – The PNC Financial Services Group, Inc.	Buy	14,065	0.00
≡	PM – Philip Morris International, Inc.	Buy	17,000	0.00
≡	SPGI – S&P Global, Inc.	Buy	5,400	0.00
≡	VIPS – Vipshop Holdings, Ltd.	Buy	124,197	0.00
≡	ABBV – AbbVie, Inc.	Buy	10,473	0.00
≡	PFE – Pfizer, Inc.	Buy	93,014	0.00
≡	ABT – Abbott Laboratories	Buy	17,324	0.00
≡	HPE – Hewlett Packard Enterprise Co.	Buy	87,754	0.00
≡	MCD – McDonald's Corp.	Buy	6,475	0.00
≡	PH – Parker-Hannifin Corp.	Buy	2,500	0.00
≡	NEE – NextEra Energy, Inc.	Buy	23,600	0.00
≡	HON – Honeywell International, Inc.	Buy	8,019	0.00
≡	KO – The Coca-Cola Co.	Buy	24,000	0.00
≡	OTIS – Otis Worldwide Corp.	Buy	16,610	0.00
≡	LVS – Las Vegas Sands Corp.	Buy	28,186	0.00
≡	KSPI – Kaspi.KZ JSC	Buy	17,826	0.00
≡	TRPCF – Trip.com Group, Ltd.	Buy	19,250	0.00
≡	UNLYF – Unilever PLC	Buy	23,900	0.00
≡	ZH – Zhihu, Inc.	Buy	276,897	0.00
≡	CTVA – Corteva, Inc.	Buy	20,539	0.00
≡	MO – Altria Group, Inc.	Buy	21,000	0.00
≡	EBAY – eBay, Inc.	Buy	14,050	0.00
≡	MMM – 3M Co.	Buy	7,696	0.00
≡	DD – DuPont de Nemours, Inc.	Buy	15,175	0.00
≡	CL – Colgate-Palmolive Co.	Buy	14,000	0.00
≡	DGEAF – Diageo PLC	Buy	11,077	0.00
≡	TFC – Truist Financial Corp.	Buy	20,911	0.00
≡	MELI – MercadoLibre, Inc.	Buy	392	0.00
≡	APA – APA Corp.	Buy	35,200	0.00
≡	NUE – Nucor Corp.	Buy	6,200	0.00
≡	BLK – Blackrock, Inc.	Buy	655	0.00
≡	PSMT – PriceSmart, Inc.	Buy	6,156	0.00
≡	MCO – Moody's Corp.	Buy	1,566	0.00
≡	ARCO – Arcos Dorados Holdings, Inc.	Buy	109,966	0.00
≡	MDLZ – Mondelez International, Inc.	Buy	11,840	0.00
≡	AMP – Ameriprise Financial, Inc.	Buy	1,500	0.00
≡	LYV – Live Nation Entertainment, Inc.	Buy	4,500	0.00
≡	IFS – Intercorp Financial Services, Inc.	Buy	17,391	0.00
≡	GPC – Genuine Parts Co.	Buy	4,665	0.00
≡	NVDA – NVIDIA Corp.	Buy	3,400	0.00
≡	CIB – Grupo Cibest SA	Buy	12,046	0.00
≡	ABEV – Ambev SA	Buy	276,300	0.00
≡	GPRK – Geopark, Ltd.	Buy	93,045	0.00
≡	MGRE – Affiliated Managers Group, Inc.	Buy	2,400	0.00
≡	GIS – General Mills, Inc.	Buy	11,200	0.00
≡	ALL – The Allstate Corp.	Buy	2,595	0.00
≡	GTMAY – Grupo Aeroportuario del Sureste SAB de CV	Buy	1,700	0.00
≡	AFYA – Afya, Ltd.	Buy	35,262	0.00
≡	DLO – Dlocal, Ltd.	Buy	36,700	0.00
≡	LAUR – Laureate Education, Inc.	Buy	15,700	0.00
≡	CPA – Copa Holdings SA	Buy	3,950	0.00
≡	PEP – PepsiCo, Inc.	Buy	3,075	0.00
≡	ELV – Elevance Health, Inc.	Buy	1,300	0.00
≡	PBR – Petroleo Brasileiro SA - Petrobras	Buy	32,700	0.00
≡	VOO – Vanguard S&P 500 ETF	Buy	650	0.00
≡	LMT – Lockheed Martin Corp.	Buy	775	0.00
≡	CTAS – Cintas Corp.	Buy	1,800	0.00
≡	MGM – MGM Resorts International	Buy	10,500	0.00
≡	HAL – Halliburton Co.	Buy	14,700	0.00
≡	PSX – Phillips 66	Buy	2,600	0.00
≡	PAX – Patria Investments, Ltd.	Buy	21,200	0.00
≡	PYPL – PayPal Holdings, Inc.	Buy	4,475	0.00
≡	V – Visa, Inc.	Buy	859	0.00
≡	DOW – Dow, Inc.	Buy	11,711	0.00
≡	LOMA – Loma Negra Cia Industrial Argentina SA	Buy	36,400	0.00
≡	VZ – Verizon Communications, Inc.	Buy	5,500	0.00
≡	JBS – JBS NV	Buy	15,950	0.00
≡	PPG – PPG Industries, Inc.	Buy	2,200	0.00
≡	IAU – Intuitive Surgical, Inc.	Buy	500	0.00
≡	ZTS – Zoetis, Inc.	Buy	1,500	0.00
≡	CB – Chubb, Ltd.	Buy	722	0.00
≡	CIG – Cia Energetica de Minas Gerais	Buy	15,000	0.00
Q2 2024filed Aug 13, 245 new6 added18 reduced41 exited
≡	HUM – Humana, Inc.	Buy	4,308,536	1.15
≡	JCI – Johnson Controls International PLC	Add 7.00%	5,334,665	1.03
≡	CVS – CVS Health Corp.	Add 50.00%	20,670,800	0.71
≡	NSC – Norfolk Southern Corp.	Add 33.00%	2,669,800	0.46
≡	CPNG – Coupang, Inc.	Buy	12,114,152	0.18
≡	BAIDF – Baidu, Inc.	Add 55.00%	2,099,500	0.13
≡	HDB – HDFC Bank, Ltd.	Add 14.00%	294,958	0.04
≡	GEV – GE Vernova, Inc.	Buy	182,865	0.02
≡	NETTF – NetEase, Inc.	Add 14.00%	133,826	0.02
≡	DLO – Dlocal, Ltd.	Buy	44,900	0.00
≡	IAU – Intuitive Surgical, Inc.	Buy	500	0.00
Q1 2024filed May 14, 245 new23 added27 reduced3 exited
≡	IFF – International Flavors & Fragrances, Inc.	Add 80.00%	12,288,286	0.59
≡	AEP – American Electric Power Co., Inc.	Buy	11,364,305	0.57
≡	JCI – Johnson Controls International PLC	Add 18.00%	12,145,865	0.55
≡	SUI – Sun Communities, Inc.	Buy	5,418,615	0.40
≡	CVS – CVS Health Corp.	Add 35.00%	10,599,153	0.37
≡	ZBH – Zimmer Biomet Holdings, Inc.	Add 43.00%	4,944,735	0.37
≡	FIS – Fidelity National Information Services, Inc.	Add 10.00%	3,882,240	0.35
≡	HLNCF – Haleon PLC	Add 60.00%	66,290,153	0.29
≡	MET – MetLife, Inc.	Add 6.00%	3,065,843	0.19
≡	BAC – Bank of America Corp.	Add 7.00%	4,546,525	0.14
≡	CHTR – Charter Communications, Inc.	Add 38.00%	3,163,944	−0.12
≡	SATS – EchoStar Corp.	Buy	13,656,514	0.11
≡	FLUT – Flutter Entertainment PLC	Buy	624,478	0.07
≡	VFC – VF Corp.	Add 10.00%	3,121,450	−0.07
≡	YUMC – Yum China Holdings, Inc.	Add 112.00%	3,554,331	0.07
≡	HDB – HDFC Bank, Ltd.	Add 269.00%	1,507,873	0.04
≡	NTR – Nutrien, Ltd.	Add 7.00%	804,500	−0.02
≡	JDCMF – JD.com, Inc.	Add 9.00%	1,986,500	−0.02
≡	BKR – Baker Hughes Co.	Add 9.00%	3,971,300	−0.02
≡	BAIDF – Baidu, Inc.	Add 20.00%	633,600	−0.01
≡	UNH – UnitedHealth Group, Inc.	Add 16.00%	539,813	−0.01
≡	TSM – Taiwan Semiconductor Manufacturing Co., Ltd.	Add 41.00%	25,000	0.00
≡	KSPI – Kaspi.KZ JSC	Buy	5,526	0.00
≡	WMT – Walmart, Inc.	Add 196.00%	137,040	0.00
≡	LVS – Las Vegas Sands Corp.	Add 39.00%	7,900	0.00
≡	JOYY – JOYY, Inc.	Add 6.00%	2,000	−0.00
≡	VIPS – Vipshop Holdings, Ltd.	Add 42.00%	28,000	0.00
≡	AOSL – Alpha & Omega Semiconductor, Ltd.	Add 34.00%	12,279	0.00

Hist

Stock

Activity

Share change

% change to portfolio

Q4 2025filed Feb 13, 2613 new22 added62 reduced10 exited

≡

BN – Brookfield Corp.

Buy

41,280,320

1.02

≡

FISV – Fiserv, Inc.

Add 28.00%

10,840,613

−0.89

≡

AON – Aon PLC

Add 127.00%

4,387,773

0.83

≡

WTW – Willis Towers Watson PLC

Add 91.00%

3,293,334

0.55

≡

TRU – TransUnion

Buy

9,842,006

0.46

≡

PDD – PDD Holdings, Inc.

Buy

4,439,800

0.27

≡

GEHC – GE HealthCare Technologies, Inc.

Add 13.00%

3,693,918

0.27

≡

SBAC – SBA Communications Corp.

Add 24.00%

2,328,837

0.24

≡

FIS – Fidelity National Information Services, Inc.

Add 14.00%

6,008,090

0.23

≡

META – Meta Platforms, Inc.

Add 27.00%

1,056,630

0.22

≡

CI – The Cigna Group

Add 20.00%

1,833,389

0.21

≡

TMUS – T-Mobile U.S., Inc.

Add 65.00%

2,442,450

0.19

≡

LPLA – LPL Financial Holdings, Inc.

Add 19.00%

619,715

0.16

≡

BKNG – Booking Holdings, Inc.

Add 8.00%

56,999

0.15

≡

AJG – Arthur J Gallagher & Co.

Buy

880,585

0.12

≡

CHTR – Charter Communications, Inc.

Add 24.00%

2,801,671

−0.11

≡

ADBE – Adobe, Inc.

Add 36.00%

570,969

0.11

≡

IEX – IDEX Corp.

Add 267.00%

918,208

0.09

≡

RAL – Ralliant Corp.

Add 13.00%

1,434,376

0.08

≡

ADM – Archer-Daniels-Midland Co.

Add 13.00%

2,016,101

0.04

≡

FCNCA – First Citizens BancShares, Inc.

Buy

31,566

0.04

≡

KSPI – Kaspi.KZ JSC

Add 931.00%

165,900

0.01

≡

MELI – MercadoLibre, Inc.

Add 255.00%

1,000

0.00

≡

KARO – Karooooo, Ltd.

Buy

24,423

0.00

≡

ATAT – Atour Lifestyle Holdings, Ltd.

Buy

28,152

0.00

≡

CIB – Grupo Cibest SA

Buy

12,046

0.00

≡

Q – Qnity Electronics, Inc.

Buy

7,503

0.00

≡

LOMA – Loma Negra Cia Industrial Argentina SA

Buy

43,482

0.00

≡

ZH – Zhihu, Inc.

Add 15.00%

42,267

−0.00

≡

UL – Unilever PLC

Buy

5,244

0.00

≡

INTU – Intuitive Surgical, Inc.

Buy

500

0.00

≡

RIO – Rio Tinto PLC

Buy

3,000

0.00

≡

ABEV – Ambev SA

Add 7.00%

20,000

0.00

≡

JBS – JBS NV

Add 6.00%

1,000

0.00

≡

BLK – Blackrock, Inc.

Add 9.00%

−0.00

Q3 2025filed Nov 13, 25219 new

≡

SCHW – The Charles Schwab Corp.

Buy

83,043,253

4.28

≡

JCI – Johnson Controls International PLC

Buy

64,210,645

3.81

≡

RTX – RTX Corp.

Buy

40,099,366

3.62

≡

CVS – CVS Health Corp.

Buy

73,176,586

2.98

≡

FISV – Fiserv, Inc.

Buy

38,634,009

2.69

≡

MET – MetLife, Inc.

Buy

53,659,664

2.38

≡

MSFT – Microsoft Corp.

Buy

7,872,161

2.20

≡

FDX – FedEx Corp.

Buy

16,225,160

2.06

≡

BK – The Bank of New York Mellon Corp.

Buy

34,842,944

2.05

≡

OXY – Occidental Petroleum Corp.

Buy

79,883,371

2.04

≡

BKNG – Booking Holdings, Inc.

Buy

675,082

1.97

≡

AMZN – Amazon.com, Inc.

Buy

16,296,330

1.93

≡

CMCSA – Comcast Corp.

Buy

112,567,918

1.91

≡

TEL – TE Connectivity PLC

Buy

16,039,754

1.90

≡

GOOG – Alphabet, Inc.

Buy

13,992,737

1.84

≡

GLAXF – GSK PLC

Buy

78,403,734

1.83

≡

GILD – Gilead Sciences, Inc.

Buy

30,133,131

1.80

≡

UNH – UnitedHealth Group, Inc.

Buy

9,505,636

1.77

≡

NSC – Norfolk Southern Corp.

Buy

10,874,249

1.76

≡

WFC – Wells Fargo & Co.

Buy

38,887,925

1.76

≡

SNYNF – Sanofi SA

Buy

68,931,747

1.76

≡

CHTR – Charter Communications, Inc.

Buy

11,807,549

1.75

≡

HUM – Humana, Inc.

Buy

11,338,186

1.59

≡

META – Meta Platforms, Inc.

Buy

3,963,207

1.57

≡

FIS – Fidelity National Information Services, Inc.

Buy

43,105,207

1.53

≡

GOOGL – Alphabet, Inc.

Buy

11,338,777

1.49

≡

CI – The Cigna Group

Buy

9,305,225

1.45

≡

COF – Capital One Financial Corp.

Buy

12,107,917

1.39

≡

REGN – Regeneron Pharmaceuticals, Inc.

Buy

4,550,845

1.38

≡

APD – Air Products & Chemicals, Inc.

Buy

9,004,892

1.33

≡

ZBH – Zimmer Biomet Holdings, Inc.

Buy

23,216,173

1.23

≡

IFF – International Flavors & Fragrances, Inc.

Buy

36,972,638

1.23

≡

BUDFF – Anheuser-Busch InBev SA/NV

Buy

36,546,221

1.18

≡

BKR – Baker Hughes Co.

Buy

44,053,488

1.16

≡

FTV – Fortive Corp.

Buy

42,595,794

1.13

≡

GEHC – GE HealthCare Technologies, Inc.

Buy

27,517,311

1.12

≡

BABA – Alibaba Group Holding, Ltd.

Buy

10,975,370

1.06

≡

GE – GE Aerospace

Buy

6,271,622

1.02

≡

SBAC – SBA Communications Corp.

Buy

9,667,297

1.01

≡

SUI – Sun Communities, Inc.

Buy

14,480,815

1.01

≡

GS – The Goldman Sachs Group, Inc.

Buy

2,208,625

0.95

≡

UBS – UBS Group AG

Buy

42,641,442

0.95

≡

ELAN – Elanco Animal Health, Inc.

Buy

82,759,837

0.90

≡

CPNG – Coupang, Inc.

Buy

46,947,720

0.82

≡

AVTR – Avantor, Inc.

Buy

117,746,888

0.79

≡

D – Dominion Energy, Inc.

Buy

22,780,033

0.75

≡

HLNCF – Haleon PLC

Buy

154,384,622

0.75

≡

NVSEF – Novartis AG

Buy

10,585,145

0.73

≡

BAX – Baxter International, Inc.

Buy

57,396,370

0.71

≡

BAP – Credicorp, Ltd.

Buy

4,899,715

0.70

≡

WTW – Willis Towers Watson PLC

Buy

3,632,191

0.68

≡

AON – Aon PLC

Buy

3,464,683

0.67

≡

INCY – Incyte Corp.

Buy

13,932,416

0.64

≡

SU – Suncor Energy, Inc.

Buy

27,471,954

0.62

≡

LPLA – LPL Financial Holdings, Inc.

Buy

3,329,255

0.60

≡

CTSH – Cognizant Technology Solutions Corp.

Buy

16,201,642

0.59

≡

AEP – American Electric Power Co., Inc.

Buy

9,523,516

0.58

≡

ALNY – Alnylam Pharmaceuticals, Inc.

Buy

2,321,230

0.57

≡

TDY – Teledyne Technologies, Inc.

Buy

1,680,962

0.53

≡

COP – ConocoPhillips

Buy

10,327,000

0.53

≡

HPQ – HP, Inc.

Buy

34,683,331

0.51

≡

SATS – EchoStar Corp.

Buy

11,791,127

0.49

≡

ADM – Archer-Daniels-Midland Co.

Buy

15,068,544

0.49

≡

TMUS – T-Mobile U.S., Inc.

Buy

3,743,522

0.48

≡

CXMSF – Cemex SAB de CV

Buy

96,734,370

0.47

≡

TAP – Molson Coors Beverage Co.

Buy

18,631,224

0.45

≡

LYB – LyondellBasell Industries NV

Buy

16,969,062

0.45

≡

FOXA – Fox Corp.

Buy

13,151,969

0.45

≡

CARR – Carrier Global Corp.

Buy

13,427,697

0.43

≡

BMRN – BioMarin Pharmaceutical, Inc.

Buy

14,686,801

0.43

≡

BAC – Bank of America Corp.

Buy

15,347,021

0.43

≡

STT – State Street Corp.

Buy

6,795,174

0.43

≡

NBIX – Neurocrine Biosciences, Inc.

Buy

5,556,618

0.42

≡

MDT – Medtronic PLC

Buy

7,725,071

0.40

≡

AEG – Aegon, Ltd.

Buy

85,783,505

0.37

≡

JDCMF – JD.com, Inc.

Buy

18,792,249

0.35

≡

XP – XP, Inc.

Buy

34,478,145

0.35

≡

CE – Celanese Corp.

Buy

15,361,604

0.35

≡

GLPI – Gaming & Leisure Properties, Inc.

Buy

13,582,857

0.34

≡

LIN – Linde PLC

Buy

1,329,590

0.34

≡

VFC – VF Corp.

Buy

40,977,400

0.32

≡

BAIDF – Baidu, Inc.

Buy

4,404,415

0.31

≡

ADBE – Adobe, Inc.

Buy

1,593,506

0.30

≡

TRP – TC Energy Corp.

Buy

9,645,800

0.28

≡

RAL – Ralliant Corp.

Buy

10,780,303

0.25

≡

FOX – Fox Corp.

Buy

7,285,191

0.23

≡

MLCMF – Millicom International Cellular SA

Buy

8,448,632

0.22

≡

MCHP – Microchip Technology, Inc.

Buy

6,211,864

0.22

≡

NWSA – News Corp.

Buy

12,476,445

0.21

≡

YUMC – Yum China Holdings, Inc.

Buy

8,520,862

0.20

≡

BNTX – BioNTech SE

Buy

3,647,091

0.19

≡

NETTF – NetEase, Inc.

Buy

2,292,576

0.19

≡

TECK – Teck Resources, Ltd.

Buy

7,871,440

0.19

≡

BMY – Bristol-Myers Squibb Co.

Buy

7,423,820

0.18

≡

AMRZ – Amrize, Ltd.

Buy

5,786,541

0.15

≡

HDB – HDFC Bank, Ltd.

Buy

6,214,800

0.11

≡

TV – Grupo Televisa SAB

Buy

64,208,690

0.09

≡

FLUT – Flutter Entertainment PLC

Buy

628,878

0.09

≡

ITUB – Itau Unibanco Holding SA

Buy

18,622,215

0.07

≡

GAP – The Gap, Inc.

Buy

5,429,526

0.06

≡

AXP – American Express Co.

Buy

345,492

0.06

≡

FMCQF – Fresenius Medical Care AG

Buy

3,826,910

0.05

≡

GEV – GE Vernova, Inc.

Buy

153,740

0.05

≡

CDNS – Cadence Design Systems, Inc.

Buy

240,525

0.05

≡

COHR – Coherent Corp.

Buy

744,879

0.04

≡

LBTYA – Liberty Global, Ltd.

Buy

6,682,068

0.04

≡

WMB – The Williams Co., Inc.

Buy

1,115,522

0.04

≡

UNP – Union Pacific Corp.

Buy

272,881

0.03

≡

JPM – JPMorgan Chase & Co.

Buy

194,655

0.03

≡

IEX – IDEX Corp.

Buy

344,342

0.03

≡

LBTYA – Liberty Global, Ltd.

Buy

4,767,561

0.03

≡

CVX – Chevron Corp.

Buy

223,271

0.02

≡

LLY – Eli Lilly & Co.

Buy

43,384

0.02

≡

DIS – The Walt Disney Co.

Buy

288,127

0.02

≡

TSM – Taiwan Semiconductor Manufacturing Co., Ltd.

Buy

107,800

0.02

≡

TRV – The Travelers Co., Inc.

Buy

100,965

0.02

≡

NESR – National Energy Services Reunited Corp.

Buy

2,255,894

0.01

≡

CAT – Caterpillar, Inc.

Buy

40,794

0.01

≡

WMT – Walmart, Inc.

Buy

180,835

0.01

≡

SLB – Schlumberger NV

Buy

476,259

0.01

≡

CSCO – Cisco Systems, Inc.

Buy

217,789

0.01

≡

PG – The Procter & Gamble Co.

Buy

90,796

0.01

≡

INTR – International Business Machines Corp.

Buy

47,188

0.01

≡

MRK – Merck & Co., Inc.

Buy

154,275

0.01

≡

TMO – Thermo Fisher Scientific, Inc.

Buy

25,741

0.01

≡

AZNCF – AstraZeneca PLC

Buy

137,488

0.01

≡

TGT – Target Corp.

Buy

106,079

0.01

≡

HD – The Home Depot, Inc.

Buy

23,272

0.01

≡

BSX – Boston Scientific Corp.

Buy

88,885

0.00

≡

XOM – Exxon Mobil Corp.

Buy

75,863

0.00

≡

AAPL – Apple, Inc.

Buy

31,322

0.00

≡

ADI – Analog Devices, Inc.

Buy

30,805

0.00

≡

VMC – Vulcan Materials Co.

Buy

24,100

0.00

≡

AVGO – Broadcom, Inc.

Buy

21,030

0.00

≡

DE – Deere & Co.

Buy

12,626

0.00

≡

BRK-B – Berkshire Hathaway, Inc.

Buy

11,440

0.00

≡

SNPS – Synopsys, Inc.

Buy

10,900

0.00

≡

MSI – Motorola Solutions, Inc.

Buy

11,355

0.00

≡

ACMR – ACM Research, Inc.

Buy

122,892

0.00

≡

RYDAF – Shell PLC

Buy

55,919

0.00

≡

JNJ – Johnson & Johnson

Buy

20,947

0.00

≡

AMGN – Amgen, Inc.

Buy

13,367

0.00

≡

DELL – Dell Technologies, Inc.

Buy

23,630

0.00

≡

GLW – Corning, Inc.

Buy

39,900

0.00

≡

DHR – Danaher Corp.

Buy

16,450

0.00

≡

BRK-B – Berkshire Hathaway, Inc.

Buy

0.00

≡

JOYY – JOYY, Inc.

Buy

49,606

0.00

≡

PNC – The PNC Financial Services Group, Inc.

Buy

14,065

0.00

≡

PM – Philip Morris International, Inc.

Buy

17,000

0.00

≡

SPGI – S&P Global, Inc.

Buy

5,400

0.00

≡

VIPS – Vipshop Holdings, Ltd.

Buy

124,197

0.00

≡

ABBV – AbbVie, Inc.

Buy

10,473

0.00

≡

PFE – Pfizer, Inc.

Buy

93,014

0.00

≡

ABT – Abbott Laboratories

Buy

17,324

0.00

≡

HPE – Hewlett Packard Enterprise Co.

Buy

87,754

0.00

≡

MCD – McDonald's Corp.

Buy

6,475

0.00

≡

PH – Parker-Hannifin Corp.

Buy

2,500

0.00

≡

NEE – NextEra Energy, Inc.

Buy

23,600

0.00

≡

HON – Honeywell International, Inc.

Buy

8,019

0.00

≡

KO – The Coca-Cola Co.

Buy

24,000

0.00

≡

OTIS – Otis Worldwide Corp.

Buy

16,610

0.00

≡

LVS – Las Vegas Sands Corp.

Buy

28,186

0.00

≡

KSPI – Kaspi.KZ JSC

Buy

17,826

0.00

≡

TRPCF – Trip.com Group, Ltd.

Buy

19,250

0.00

≡

UNLYF – Unilever PLC

Buy

23,900

0.00

≡

ZH – Zhihu, Inc.

Buy

276,897

0.00

≡

CTVA – Corteva, Inc.

Buy

20,539

0.00

≡

MO – Altria Group, Inc.

Buy

21,000

0.00

≡

EBAY – eBay, Inc.

Buy

14,050

0.00

≡

MMM – 3M Co.

Buy

7,696

0.00

≡

DD – DuPont de Nemours, Inc.

Buy

15,175

0.00

≡

CL – Colgate-Palmolive Co.

Buy

14,000

0.00

≡

DGEAF – Diageo PLC

Buy

11,077

0.00

≡

TFC – Truist Financial Corp.

Buy

20,911

0.00

≡

MELI – MercadoLibre, Inc.

Buy

392

0.00

≡

APA – APA Corp.

Buy

35,200

0.00

≡

NUE – Nucor Corp.

Buy

6,200

0.00

≡

BLK – Blackrock, Inc.

Buy

655

0.00

≡

PSMT – PriceSmart, Inc.

Buy

6,156

0.00

≡

MCO – Moody's Corp.

Buy

1,566

0.00

≡

ARCO – Arcos Dorados Holdings, Inc.

Buy

109,966

0.00

≡

MDLZ – Mondelez International, Inc.

Buy

11,840

0.00

≡

AMP – Ameriprise Financial, Inc.

Buy

1,500

0.00

≡

LYV – Live Nation Entertainment, Inc.

Buy

4,500

0.00

≡

IFS – Intercorp Financial Services, Inc.

Buy

17,391

0.00

≡

GPC – Genuine Parts Co.

Buy

4,665

0.00

≡

NVDA – NVIDIA Corp.

Buy

3,400

0.00

≡

CIB – Grupo Cibest SA

Buy

12,046

0.00

≡

ABEV – Ambev SA

Buy

276,300

0.00

≡

GPRK – Geopark, Ltd.

Buy

93,045

0.00

≡

MGRE – Affiliated Managers Group, Inc.

Buy

2,400

0.00

≡

GIS – General Mills, Inc.

Buy

11,200

0.00

≡

ALL – The Allstate Corp.

Buy

2,595

0.00

≡

GTMAY – Grupo Aeroportuario del Sureste SAB de CV

Buy

1,700

0.00

≡

AFYA – Afya, Ltd.

Buy

35,262

0.00

≡

DLO – Dlocal, Ltd.

Buy

36,700

0.00

≡

LAUR – Laureate Education, Inc.

Buy

15,700

0.00

≡

CPA – Copa Holdings SA

Buy

3,950

0.00

≡

PEP – PepsiCo, Inc.

Buy

3,075

0.00

≡

ELV – Elevance Health, Inc.

Buy

1,300

0.00

≡

PBR – Petroleo Brasileiro SA - Petrobras

Buy

32,700

0.00

≡

VOO – Vanguard S&P 500 ETF

Buy

650

0.00

≡

LMT – Lockheed Martin Corp.

Buy

775

0.00

≡

CTAS – Cintas Corp.

Buy

1,800

0.00

≡

MGM – MGM Resorts International

Buy

10,500

0.00

≡

HAL – Halliburton Co.

Buy

14,700

0.00

≡

PSX – Phillips 66

Buy

2,600

0.00

≡

PAX – Patria Investments, Ltd.

Buy

21,200

0.00

≡

PYPL – PayPal Holdings, Inc.

Buy

4,475

0.00

≡

V – Visa, Inc.

Buy

859

0.00

≡

DOW – Dow, Inc.

Buy

11,711

0.00

≡

LOMA – Loma Negra Cia Industrial Argentina SA

Buy

36,400

0.00

≡

VZ – Verizon Communications, Inc.

Buy

5,500

0.00

≡

JBS – JBS NV

Buy

15,950

0.00

≡

PPG – PPG Industries, Inc.

Buy

2,200

0.00

≡

IAU – Intuitive Surgical, Inc.

Buy

500

0.00

≡

ZTS – Zoetis, Inc.

Buy

1,500

0.00

≡

CB – Chubb, Ltd.

Buy

722

0.00

≡

CIG – Cia Energetica de Minas Gerais

Buy

15,000

0.00

Q2 2024filed Aug 13, 245 new6 added18 reduced41 exited

≡

HUM – Humana, Inc.

Buy

4,308,536

1.15

≡

JCI – Johnson Controls International PLC

Add 7.00%

5,334,665

1.03

≡

CVS – CVS Health Corp.

Add 50.00%

20,670,800

0.71

≡

NSC – Norfolk Southern Corp.

Add 33.00%

2,669,800

0.46

≡

CPNG – Coupang, Inc.

Buy

12,114,152

0.18

≡

BAIDF – Baidu, Inc.

Add 55.00%

2,099,500

0.13

≡

HDB – HDFC Bank, Ltd.

Add 14.00%

294,958

0.04

≡

GEV – GE Vernova, Inc.

Buy

182,865

0.02

≡

NETTF – NetEase, Inc.

Add 14.00%

133,826

0.02

≡

DLO – Dlocal, Ltd.

Buy

44,900

0.00

≡

IAU – Intuitive Surgical, Inc.

Buy

500

0.00

Q1 2024filed May 14, 245 new23 added27 reduced3 exited

≡

IFF – International Flavors & Fragrances, Inc.

Add 80.00%

12,288,286

0.59

≡

AEP – American Electric Power Co., Inc.

Buy

11,364,305

0.57

≡

JCI – Johnson Controls International PLC

Add 18.00%

12,145,865

0.55

≡

SUI – Sun Communities, Inc.

Buy

5,418,615

0.40

≡

CVS – CVS Health Corp.

Add 35.00%

10,599,153

0.37

≡

ZBH – Zimmer Biomet Holdings, Inc.

Add 43.00%

4,944,735

0.37

≡

FIS – Fidelity National Information Services, Inc.

Add 10.00%

3,882,240

0.35

≡

HLNCF – Haleon PLC

Add 60.00%

66,290,153

0.29

≡

MET – MetLife, Inc.

Add 6.00%

3,065,843

0.19

≡

BAC – Bank of America Corp.

Add 7.00%

4,546,525

0.14

≡

CHTR – Charter Communications, Inc.

Add 38.00%

3,163,944

−0.12

≡

SATS – EchoStar Corp.

Buy

13,656,514

0.11

≡

FLUT – Flutter Entertainment PLC

Buy

624,478

0.07

≡

VFC – VF Corp.

Add 10.00%

3,121,450

−0.07

≡

YUMC – Yum China Holdings, Inc.

Add 112.00%

3,554,331

0.07

≡

HDB – HDFC Bank, Ltd.

Add 269.00%

1,507,873

0.04

≡

NTR – Nutrien, Ltd.

Add 7.00%

804,500

−0.02

≡

JDCMF – JD.com, Inc.

Add 9.00%

1,986,500

−0.02

≡

BKR – Baker Hughes Co.

Add 9.00%

3,971,300

−0.02

≡

BAIDF – Baidu, Inc.

Add 20.00%

633,600

−0.01

≡

UNH – UnitedHealth Group, Inc.

Add 16.00%

539,813

−0.01

≡

TSM – Taiwan Semiconductor Manufacturing Co., Ltd.

Add 41.00%

25,000

0.00

≡

KSPI – Kaspi.KZ JSC

Buy

5,526

0.00

≡

WMT – Walmart, Inc.

Add 196.00%

137,040

0.00

≡

LVS – Las Vegas Sands Corp.

Add 39.00%

7,900

0.00

≡

JOYY – JOYY, Inc.

Add 6.00%

2,000

−0.00

≡

VIPS – Vipshop Holdings, Ltd.

Add 42.00%

28,000

0.00

≡

AOSL – Alpha & Omega Semiconductor, Ltd.

Add 34.00%

12,279

0.00