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
Q1 2026filed May 14, 26222 exited
≡	SCHW – The Charles Schwab Corp.	Sell	−76,513,926	−4.13
≡	JCI – Johnson Controls International PLC	Sell	−60,382,969	−3.90
≡	RTX – RTX Corp.	Sell	−37,571,811	−3.72
≡	CVS – CVS Health Corp.	Sell	−62,509,988	−2.68
≡	FDX – FedEx Corp.	Sell	−15,582,168	−2.43
≡	MET – MetLife, Inc.	Sell	−52,252,050	−2.23
≡	GOOG – Alphabet, Inc.	Sell	−12,875,798	−2.18
≡	BKNG – Booking Holdings, Inc.	Sell	−732,081	−2.12
≡	MSFT – Microsoft Corp.	Sell	−7,441,750	−1.94
≡	REGN – Regeneron Pharmaceuticals, Inc.	Sell	−4,596,358	−1.92
≡	AMZN – Amazon.com, Inc.	Sell	−15,230,394	−1.90
≡	GOOGL – Alphabet, Inc.	Sell	−10,833,118	−1.83
≡	TEL – TE Connectivity PLC	Sell	−14,873,850	−1.83
≡	CMCSA – Comcast Corp.	Sell	−112,967,514	−1.82
≡	GSK – GSK PLC	Sell	−68,517,969	−1.81
≡	FISV – Fiserv, Inc.	Sell	−49,474,622	−1.79
≡	META – Meta Platforms, Inc.	Sell	−5,019,837	−1.79
≡	OXY – Occidental Petroleum Corp.	Sell	−79,473,071	−1.76
≡	FIS – Fidelity National Information Services, Inc.	Sell	−49,113,297	−1.76
≡	GILD – Gilead Sciences, Inc.	Sell	−26,283,511	−1.74
≡	CI – The Cigna Group	Sell	−11,138,614	−1.65
≡	CHTR – Charter Communications, Inc.	Sell	−14,609,220	−1.65
≡	UNH – UnitedHealth Group, Inc.	Sell	−9,172,769	−1.63
≡	WFC – Wells Fargo & Co.	Sell	−32,311,711	−1.63
≡	BK – The Bank of New York Mellon Corp.	Sell	−25,811,239	−1.62
≡	HUM – Humana, Inc.	Sell	−11,290,435	−1.56
≡	NSC – Norfolk Southern Corp.	Sell	−9,623,885	−1.50
≡	AON – Aon PLC	Sell	−7,852,456	−1.50
≡	SNY – Sanofi SA	Sell	−56,492,599	−1.48
≡	GEHC – GE HealthCare Technologies, Inc.	Sell	−31,211,229	−1.38
≡	IFF – International Flavors & Fragrances, Inc.	Sell	−36,401,042	−1.32
≡	FTV – Fortive Corp.	Sell	−44,157,822	−1.32
≡	SBAC – SBA Communications Corp.	Sell	−11,996,134	−1.25
≡	APD – Air Products & Chemicals, Inc.	Sell	−9,236,610	−1.23
≡	WTW – Willis Towers Watson PLC	Sell	−6,925,525	−1.23
≡	COF – Capital One Financial Corp.	Sell	−9,163,067	−1.20
≡	BUD – Anheuser-Busch InBev SA/NV	Sell	−33,113,431	−1.14
≡	ZBH – Zimmer Biomet Holdings, Inc.	Sell	−23,506,849	−1.14
≡	BN – Brookfield Corp.	Sell	−41,280,320	−1.02
≡	BKR – Baker Hughes Co.	Sell	−40,759,438	−1.00
≡	SUI – Sun Communities, Inc.	Sell	−14,491,865	−0.97
≡	ELAN – Elanco Animal Health, Inc.	Sell	−79,084,305	−0.97
≡	GE – GE Aerospace	Sell	−5,191,577	−0.86
≡	UBS – UBS Group AG	Sell	−33,665,342	−0.84
≡	HLN – Haleon PLC	Sell	−151,755,452	−0.83
≡	GS – The Goldman Sachs Group, Inc.	Sell	−1,709,674	−0.81
≡	BABA – Alibaba Group Holding, Ltd.	Sell	−10,016,870	−0.79
≡	LPLA – LPL Financial Holdings, Inc.	Sell	−3,948,970	−0.76
≡	AVTR – Avantor, Inc.	Sell	−117,065,143	−0.72
≡	INCY – Incyte Corp.	Sell	−13,261,742	−0.71
≡	D – Dominion Energy, Inc.	Sell	−22,149,918	−0.70
≡	TMUS – T-Mobile U.S., Inc.	Sell	−6,185,972	−0.68
≡	CTSH – Cognizant Technology Solutions Corp.	Sell	−14,983,337	−0.67
≡	NVS – Novartis AG	Sell	−9,014,641	−0.67
≡	SU – Suncor Energy, Inc.	Sell	−27,257,754	−0.65
≡	CPNG – Coupang, Inc.	Sell	−49,233,320	−0.63
≡	BAP – Credicorp, Ltd.	Sell	−3,870,940	−0.60
≡	BAX – Baxter International, Inc.	Sell	−56,999,970	−0.59
≡	AEP – American Electric Power Co., Inc.	Sell	−9,342,540	−0.58
≡	ADM – Archer-Daniels-Midland Co.	Sell	−17,084,645	−0.53
≡	CX – Cemex SAB de CV	Sell	−84,794,670	−0.53
≡	COP – ConocoPhillips	Sell	−10,290,169	−0.52
≡	TAP – Molson Coors Beverage Co.	Sell	−18,610,924	−0.47
≡	BMRN – BioMarin Pharmaceutical, Inc.	Sell	−14,572,384	−0.47
≡	TDY – Teledyne Technologies, Inc.	Sell	−1,685,340	−0.46
≡	FOXA – Fox Corp.	Sell	−11,613,443	−0.46
≡	TRU – TransUnion	Sell	−9,842,006	−0.46
≡	NBIX – Neurocrine Biosciences, Inc.	Sell	−5,508,042	−0.42
≡	ALNY – Alnylam Pharmaceuticals, Inc.	Sell	−1,964,415	−0.42
≡	HPQ – HP, Inc.	Sell	−34,503,131	−0.41
≡	ADBE – Adobe, Inc.	Sell	−2,164,475	−0.41
≡	MDT – Medtronic PLC	Sell	−7,738,043	−0.40
≡	VFC – VF Corp.	Sell	−40,679,850	−0.40
≡	LYB – LyondellBasell Industries NV	Sell	−16,879,077	−0.39
≡	CARR – Carrier Global Corp.	Sell	−13,421,292	−0.38
≡	CE – Celanese Corp.	Sell	−15,304,050	−0.35
≡	RAL – Ralliant Corp.	Sell	−12,214,679	−0.34
≡	STT – State Street Corp.	Sell	−4,744,154	−0.33
≡	GLPI – Gaming & Leisure Properties, Inc.	Sell	−13,589,962	−0.33
≡	LIN – Linde PLC	Sell	−1,329,590	−0.31
≡	XP – XP, Inc.	Sell	−33,960,545	−0.30
≡	AEG – Aegon, Ltd.	Sell	−70,522,831	−0.29
≡	TRP – TC Energy Corp.	Sell	−9,294,300	−0.28
≡	PDD – PDD Holdings, Inc.	Sell	−4,439,800	−0.27
≡	FOX – Fox Corp.	Sell	−7,257,827	−0.25
≡	TIGO – Millicom International Cellular SA	Sell	−8,133,132	−0.24
≡	YUMC – Yum China Holdings, Inc.	Sell	−8,553,962	−0.22
≡	MCHP – Microchip Technology, Inc.	Sell	−6,187,474	−0.21
≡	BMY – Bristol-Myers Squibb Co.	Sell	−7,078,250	−0.21
≡	JD – JD.com, Inc.	Sell	−12,194,648	−0.19
≡	BNTX – BioNTech SE	Sell	−3,614,491	−0.19
≡	NWSA – News Corp.	Sell	−12,449,295	−0.18
≡	NTES – NetEase, Inc.	Sell	−2,154,376	−0.16
≡	AMRZ – Amrize, Ltd.	Sell	−5,385,441	−0.16
≡	AJG – Arthur J Gallagher & Co.	Sell	−880,585	−0.12
≡	IEX – IDEX Corp.	Sell	−1,262,550	−0.12
≡	HDB – HDFC Bank, Ltd.	Sell	−5,501,800	−0.11
≡	ITUB – Itau Unibanco Holding SA	Sell	−19,120,110	−0.07
≡	FLUT – Flutter Entertainment PLC	Sell	−628,878	−0.07
≡	COHR – Coherent Corp.	Sell	−669,855	−0.07
≡	BAC – Bank of America Corp.	Sell	−2,009,022	−0.06
≡	AXP – American Express Co.	Sell	−292,549	−0.06
≡	FMS – Fresenius Medical Care AG	Sell	−3,826,910	−0.05
≡	GEV – GE Vernova, Inc.	Sell	−138,214	−0.05
≡	CDNS – Cadence Design Systems, Inc.	Sell	−237,363	−0.04
≡	LBTYA – Liberty Global, Ltd.	Sell	−6,682,068	−0.04
≡	FCNCA – First Citizens BancShares, Inc.	Sell	−31,566	−0.04
≡	UNP – Union Pacific Corp.	Sell	−263,116	−0.03
≡	WMB – The Williams Co., Inc.	Sell	−1,000,892	−0.03
≡	LBTYA – Liberty Global, Ltd.	Sell	−4,481,061	−0.03
≡	LLY – Eli Lilly & Co.	Sell	−42,492	−0.02
≡	JPM – JPMorgan Chase & Co.	Sell	−124,405	−0.02
≡	TSM – Taiwan Semiconductor Manufacturing Co., Ltd.	Sell	−107,800	−0.02
≡	CVX – Chevron Corp.	Sell	−212,714	−0.02
≡	DIS – The Walt Disney Co.	Sell	−270,339	−0.02
≡	NESR – National Energy Services Reunited Corp.	Sell	−1,929,094	−0.02
≡	TRV – The Travelers Co., Inc.	Sell	−94,782	−0.01
≡	CAT – Caterpillar, Inc.	Sell	−40,724	−0.01
≡	WMT – Walmart, Inc.	Sell	−179,535	−0.01
≡	TMO – Thermo Fisher Scientific, Inc.	Sell	−25,741	−0.01
≡	MRK – Merck & Co., Inc.	Sell	−138,205	−0.01
≡	KSPI – Kaspi.KZ JSC	Sell	−183,726	−0.01
≡	IBM – International Business Machines Corp.	Sell	−46,702	−0.01
≡	PG – The Procter & Gamble Co.	Sell	−90,831	−0.01
≡	CSCO – Cisco Systems, Inc.	Sell	−163,114	−0.01
≡	AZN – AstraZeneca PLC	Sell	−121,043	−0.01
≡	TGT – Target Corp.	Sell	−98,129	−0.01
≡	XOM – Exxon Mobil Corp.	Sell	−74,493	−0.00
≡	AAPL – Apple, Inc.	Sell	−31,807	−0.00
≡	BSX – Boston Scientific Corp.	Sell	−88,885	−0.00
≡	HD – The Home Depot, Inc.	Sell	−23,247	−0.00
≡	AVGO – Broadcom, Inc.	Sell	−20,580	−0.00
≡	VMC – Vulcan Materials Co.	Sell	−24,000	−0.00
≡	SLB – SLB, Ltd.	Sell	−176,849	−0.00
≡	DE – Deere & Co.	Sell	−12,626	−0.00
≡	BRK.B – Berkshire Hathaway, Inc.	Sell	−11,440	−0.00
≡	ADI – Analog Devices, Inc.	Sell	−20,775	−0.00
≡	SNPS – Synopsys, Inc.	Sell	−10,200	−0.00
≡	ACMR – ACM Research, Inc.	Sell	−112,392	−0.00
≡	AMGN – Amgen, Inc.	Sell	−13,367	−0.00
≡	JNJ – Johnson & Johnson	Sell	−20,947	−0.00
≡	MSI – Motorola Solutions, Inc.	Sell	−11,255	−0.00
≡	SHEL – Shell PLC	Sell	−55,194	−0.00
≡	DHR – Danaher Corp.	Sell	−16,450	−0.00
≡	SATS – EchoStar Corp.	Sell	−32,443	−0.00
≡	GLW – Corning, Inc.	Sell	−36,850	−0.00
≡	JOYY – JOYY, Inc.	Sell	−49,606	−0.00
≡	BRK.B – Berkshire Hathaway, Inc.	Sell	−4	−0.00
≡	PNC – The PNC Financial Services Group, Inc.	Sell	−14,000	−0.00
≡	SPGI – S&P Global, Inc.	Sell	−5,400	−0.00
≡	MELI – MercadoLibre, Inc.	Sell	−1,392	−0.00
≡	PM – Philip Morris International, Inc.	Sell	−17,000	−0.00
≡	DELL – Dell Technologies, Inc.	Sell	−19,180	−0.00
≡	ABBV – AbbVie, Inc.	Sell	−10,393	−0.00
≡	PFE – Pfizer, Inc.	Sell	−90,364	−0.00
≡	PH – Parker-Hannifin Corp.	Sell	−2,500	−0.00
≡	VIPS – Vipshop Holdings, Ltd.	Sell	−124,197	−0.00
≡	ABT – Abbott Laboratories	Sell	−17,324	−0.00
≡	BIDU – Baidu, Inc.	Sell	−16,530	−0.00
≡	HPE – Hewlett Packard Enterprise Co.	Sell	−86,454	−0.00
≡	MCD – McDonald's Corp.	Sell	−6,475	−0.00
≡	NEE – NextEra Energy, Inc.	Sell	−23,600	−0.00
≡	LVS – Las Vegas Sands Corp.	Sell	−28,186	−0.00
≡	KO – The Coca-Cola Co.	Sell	−24,000	−0.00
≡	HON – Honeywell International, Inc.	Sell	−8,019	−0.00
≡	OTIS – Otis Worldwide Corp.	Sell	−16,010	−0.00
≡	TCOM – Trip.com Group, Ltd.	Sell	−19,250	−0.00
≡	CTVA – Corteva, Inc.	Sell	−20,527	−0.00
≡	MMM – 3M Co.	Sell	−7,676	−0.00
≡	MO – Altria Group, Inc.	Sell	−21,000	−0.00
≡	KARO – Karooooo, Ltd.	Sell	−24,423	−0.00
≡	EBAY – eBay, Inc.	Sell	−12,750	−0.00
≡	ATAT – Atour Lifestyle Holdings, Ltd.	Sell	−28,152	−0.00
≡	CL – Colgate-Palmolive Co.	Sell	−14,000	−0.00
≡	ZH – Zhihu, Inc.	Sell	−319,164	−0.00
≡	NUE – Nucor Corp.	Sell	−6,200	−0.00
≡	DEO – Diageo PLC	Sell	−11,077	−0.00
≡	TFC – Truist Financial Corp.	Sell	−19,151	−0.00
≡	ARCO – Arcos Dorados Holdings, Inc.	Sell	−112,966	−0.00
≡	CIB – Grupo Cibest SA	Sell	−12,046	−0.00
≡	BLK – Blackrock, Inc.	Sell	−711	−0.00
≡	PSMT – PriceSmart, Inc.	Sell	−6,156	−0.00
≡	IFS – Intercorp Financial Services, Inc.	Sell	−17,391	−0.00
≡	AMP – Ameriprise Financial, Inc.	Sell	−1,500	−0.00
≡	ABEV – Ambev SA	Sell	−296,300	−0.00
≡	GPRK – Geopark, Ltd.	Sell	−93,045	−0.00
≡	MDLZ – Mondelez International, Inc.	Sell	−11,840	−0.00
≡	NVDA – NVIDIA Corp.	Sell	−3,400	−0.00
≡	MCO – Moody's Corp.	Sell	−1,213	−0.00
≡	Q – Qnity Electronics, Inc.	Sell	−7,503	−0.00
≡	DD – DuPont de Nemours, Inc.	Sell	−14,843	−0.00
≡	GPC – Genuine Parts Co.	Sell	−4,650	−0.00
≡	LOMA – Loma Negra Cia Industrial Argentina SA	Sell	−43,482	−0.00
≡	APA – APA Corp.	Sell	−22,500	−0.00
≡	GTMAY – Grupo Aeroportuario del Sureste SAB de CV	Sell	−1,700	−0.00
≡	AFYA – Afya, Ltd.	Sell	−35,387	−0.00
≡	ALL – The Allstate Corp.	Sell	−2,595	−0.00
≡	LAUR – Laureate Education, Inc.	Sell	−15,700	−0.00
≡	GIS – General Mills, Inc.	Sell	−11,200	−0.00
≡	DLO – Dlocal, Ltd.	Sell	−36,700	−0.00
≡	LYV – Live Nation Entertainment, Inc.	Sell	−3,500	−0.00
≡	CPA – Copa Holdings SA	Sell	−3,950	−0.00
≡	ELV – Elevance Health, Inc.	Sell	−1,300	−0.00
≡	PEP – PepsiCo, Inc.	Sell	−3,075	−0.00
≡	VOO – Vanguard S&P 500 ETF	Sell	−600	−0.00
≡	LMT – Lockheed Martin Corp.	Sell	−775	−0.00
≡	PBR – Petroleo Brasileiro SA - Petrobras	Sell	−31,200	−0.00
≡	UL – Unilever PLC	Sell	−5,244	−0.00
≡	CTAS – Cintas Corp.	Sell	−1,800	−0.00
≡	PAX – Patria Investments, Ltd.	Sell	−21,200	−0.00
≡	PSX – Phillips 66	Sell	−2,600	−0.00
≡	V – Visa, Inc.	Sell	−859	−0.00
≡	INTU – Intuitive Surgical, Inc.	Sell	−500	−0.00
≡	MGM – MGM Resorts International	Sell	−7,500	−0.00
≡	PYPL – PayPal Holdings, Inc.	Sell	−4,475	−0.00
≡	JBS – JBS NV	Sell	−16,950	−0.00
≡	RIO – Rio Tinto PLC	Sell	−3,000	−0.00
≡	DOW – Dow, Inc.	Sell	−9,713	−0.00
≡	CB – Chubb, Ltd.	Sell	−722	−0.00
≡	PPG – PPG Industries, Inc.	Sell	−2,200	−0.00
≡	VZ – Verizon Communications, Inc.	Sell	−5,500	−0.00
≡	CIG – Cia Energetica de Minas Gerais	Sell	−15,000	−0.00
Q4 2025filed Feb 13, 2613 new22 added62 reduced10 exited
≡	SATS – EchoStar Corp.	Reduce 100.00%	−11,758,684	−0.48
≡	BK – The Bank of New York Mellon Corp.	Reduce 26.00%	−9,031,705	−0.43
≡	BAC – Bank of America Corp.	Reduce 87.00%	−13,337,999	−0.37
≡	GOOG – Alphabet, Inc.	Reduce 8.00%	−1,116,939	0.34
≡	BIDU – Baidu, Inc.	Reduce 100.00%	−4,387,885	−0.31
≡	CVS – CVS Health Corp.	Reduce 15.00%	−10,666,598	−0.30
≡	SNY – Sanofi SA	Reduce 18.00%	−12,439,148	−0.28
≡	BABA – Alibaba Group Holding, Ltd.	Reduce 9.00%	−958,500	−0.27
≡	NSC – Norfolk Southern Corp.	Reduce 11.00%	−1,250,364	−0.26
≡	COF – Capital One Financial Corp.	Reduce 24.00%	−2,944,850	−0.19
≡	TECK – Teck Resources, Ltd.	Sell	−7,871,440	−0.19
≡	JD – JD.com, Inc.	Reduce 35.00%	−6,597,601	−0.17
≡	BKR – Baker Hughes Co.	Reduce 7.00%	−3,294,050	−0.16
≡	GE – GE Aerospace	Reduce 17.00%	−1,080,045	−0.15
≡	SCHW – The Charles Schwab Corp.	Reduce 8.00%	−6,529,327	−0.15
≡	ALNY – Alnylam Pharmaceuticals, Inc.	Reduce 15.00%	−356,815	−0.15
≡	GS – The Goldman Sachs Group, Inc.	Reduce 23.00%	−498,951	−0.14
≡	WFC – Wells Fargo & Co.	Reduce 17.00%	−6,576,214	−0.13
≡	UBS – UBS Group AG	Reduce 21.00%	−8,976,100	−0.11
≡	BAP – Credicorp, Ltd.	Reduce 21.00%	−1,028,775	−0.10
≡	RTX – RTX Corp.	Reduce 6.00%	−2,527,555	0.10
≡	STT – State Street Corp.	Reduce 30.00%	−2,051,020	−0.09
≡	JCI – Johnson Controls International PLC	Reduce 6.00%	−3,827,676	0.09
≡	TV – Grupo Televisa SAB	Sell	−64,208,690	−0.09
≡	CTSH – Cognizant Technology Solutions Corp.	Reduce 8.00%	−1,218,305	0.08
≡	AEG – Aegon, Ltd.	Reduce 18.00%	−15,260,674	−0.08
≡	TEL – TE Connectivity PLC	Reduce 7.00%	−1,165,904	−0.07
≡	GILD – Gilead Sciences, Inc.	Reduce 13.00%	−3,849,620	−0.06
≡	GAP – The Gap, Inc.	Sell	−5,429,526	−0.06
≡	NVS – Novartis AG	Reduce 15.00%	−1,570,504	−0.06
≡	CX – Cemex SAB de CV	Reduce 12.00%	−11,939,700	0.06
≡	AMZN – Amazon.com, Inc.	Reduce 7.00%	−1,065,936	−0.03
≡	BUD – Anheuser-Busch InBev SA/NV	Reduce 9.00%	−3,432,790	−0.03
≡	NTES – NetEase, Inc.	Reduce 6.00%	−138,200	−0.03
≡	COHR – Coherent Corp.	Reduce 10.00%	−75,024	0.02
≡	GSK – GSK PLC	Reduce 13.00%	−9,885,765	−0.01
≡	JPM – JPMorgan Chase & Co.	Reduce 36.00%	−70,250	−0.01
≡	FOXA – Fox Corp.	Reduce 12.00%	−1,538,526	0.01
≡	AMRZ – Amrize, Ltd.	Reduce 7.00%	−401,100	0.01
≡	HDB – HDFC Bank, Ltd.	Reduce 11.00%	−713,000	−0.01
≡	WMB – The Williams Co., Inc.	Reduce 10.00%	−114,630	−0.01
≡	SLB – SLB, Ltd.	Reduce 63.00%	−299,410	−0.01
≡	NESR – National Energy Services Reunited Corp.	Reduce 14.00%	−326,800	0.00
≡	AXP – American Express Co.	Reduce 15.00%	−52,943	−0.00
≡	LBTYA – Liberty Global, Ltd.	Reduce 6.00%	−286,500	−0.00
≡	GEV – GE Vernova, Inc.	Reduce 10.00%	−15,526	−0.00
≡	CSCO – Cisco Systems, Inc.	Reduce 25.00%	−54,675	−0.00
≡	DIS – The Walt Disney Co.	Reduce 6.00%	−17,788	−0.00
≡	ADI – Analog Devices, Inc.	Reduce 33.00%	−10,030	−0.00
≡	MRK – Merck & Co., Inc.	Reduce 10.00%	−16,070	0.00
≡	UNLYF – Unilever PLC	Sell	−23,900	−0.00
≡	DELL – Dell Technologies, Inc.	Reduce 19.00%	−4,450	−0.00
≡	TRV – The Travelers Co., Inc.	Reduce 6.00%	−6,183	−0.00
≡	CIB – Grupo Cibest SA	Sell	−12,046	−0.00
≡	SNPS – Synopsys, Inc.	Reduce 6.00%	−700	−0.00
≡	AZN – AstraZeneca PLC	Reduce 12.00%	−16,445	0.00
≡	MGRE – Affiliated Managers Group, Inc.	Sell	−2,400	−0.00
≡	ACMR – ACM Research, Inc.	Reduce 9.00%	−10,500	−0.00
≡	HAL – Halliburton Co.	Sell	−14,700	−0.00
≡	APA – APA Corp.	Reduce 36.00%	−12,700	−0.00
≡	LOMA – Loma Negra Cia Industrial Argentina SA	Sell	−36,400	−0.00
≡	LYV – Live Nation Entertainment, Inc.	Reduce 22.00%	−1,000	−0.00
≡	IAU – Intuitive Surgical, Inc.	Sell	−500	−0.00
≡	ZTS – Zoetis, Inc.	Sell	−1,500	−0.00
≡	EBAY – eBay, Inc.	Reduce 9.00%	−1,300	−0.00
≡	MCO – Moody's Corp.	Reduce 23.00%	−353	−0.00
≡	MGM – MGM Resorts International	Reduce 29.00%	−3,000	−0.00
≡	TGT – Target Corp.	Reduce 7.00%	−7,950	0.00
≡	GLW – Corning, Inc.	Reduce 8.00%	−3,050	−0.00
≡	DOW – Dow, Inc.	Reduce 17.00%	−1,998	−0.00
≡	VOO – Vanguard S&P 500 ETF	Reduce 8.00%	−50	−0.00
≡	TFC – Truist Financial Corp.	Reduce 8.00%	−1,760	−0.00
Q3 2024filed Nov 13, 24163 exited
≡	SCHW – The Charles Schwab Corp.	Sell	−85,787,053	−4.52
≡	JCI – Johnson Controls International PLC	Sell	−85,272,989	−4.05
≡	GOOG – Alphabet, Inc.	Sell	−29,421,485	−3.86
≡	FISV – Fiserv, Inc.	Sell	−34,371,378	−3.66
≡	OXY – Occidental Petroleum Corp.	Sell	−78,361,008	−3.53
≡	RTX – RTX Corp.	Sell	−44,284,541	−3.18
≡	MSFT – Microsoft Corp.	Sell	−9,414,281	−3.01
≡	FDX – FedEx Corp.	Sell	−13,394,616	−2.87
≡	MET – MetLife, Inc.	Sell	−56,353,281	−2.83
≡	SNYNF – Sanofi SA	Sell	−77,109,633	−2.68
≡	CVS – CVS Health Corp.	Sell	−61,683,343	−2.61
≡	CHTR – Charter Communications, Inc.	Sell	−11,681,107	−2.50
≡	AMZN – Amazon.com, Inc.	Sell	−17,334,351	−2.40
≡	BK – The Bank of New York Mellon Corp.	Sell	−54,771,782	−2.35
≡	BKNG – Booking Holdings, Inc.	Sell	−789,804	−2.24
≡	FIS – Fidelity National Information Services, Inc.	Sell	−41,435,311	−2.23
≡	CI – The Cigna Group	Sell	−8,852,809	−2.09
≡	CMCSA – Comcast Corp.	Sell	−72,739,344	−2.04
≡	IFF – International Flavors & Fragrances, Inc.	Sell	−28,206,607	−1.92
≡	GLAXF – GSK PLC	Sell	−68,337,138	−1.88
≡	REGN – Regeneron Pharmaceuticals, Inc.	Sell	−2,315,686	−1.74
≡	BAC – Bank of America Corp.	Sell	−60,616,153	−1.72
≡	NSC – Norfolk Southern Corp.	Sell	−10,794,867	−1.66
≡	GE – GE Aerospace	Sell	−14,312,511	−1.63
≡	GILD – Gilead Sciences, Inc.	Sell	−33,122,337	−1.63
≡	GOOGL – Alphabet, Inc.	Sell	−12,202,672	−1.59
≡	TFC – Truist Financial Corp.	Sell	−51,665,856	−1.44
≡	META – Meta Platforms, Inc.	Sell	−3,829,095	−1.38
≡	BUDFF – Anheuser-Busch InBev SA/NV	Sell	−31,470,885	−1.31
≡	TMUS – T-Mobile U.S., Inc.	Sell	−9,827,889	−1.24
≡	BKR – Baker Hughes Co.	Sell	−46,058,888	−1.16
≡	HUM – Humana, Inc.	Sell	−4,308,536	−1.15
≡	WMB – The Williams Co., Inc.	Sell	−37,547,551	−1.14
≡	LYB – LyondellBasell Industries NV	Sell	−16,158,867	−1.11
≡	HLNCF – Haleon PLC	Sell	−180,170,635	−1.06
≡	AVTR – Avantor, Inc.	Sell	−65,364,190	−0.99
≡	COP – ConocoPhillips	Sell	−11,475,600	−0.94
≡	NVSEF – Novartis AG	Sell	−12,236,526	−0.93
≡	GEHC – GE HealthCare Technologies, Inc.	Sell	−16,713,150	−0.93
≡	BABA – Alibaba Group Holding, Ltd.	Sell	−18,034,070	−0.93
≡	HPQ – HP, Inc.	Sell	−35,098,525	−0.88
≡	ELAN – Elanco Animal Health, Inc.	Sell	−83,583,150	−0.86
≡	BMRN – BioMarin Pharmaceutical, Inc.	Sell	−13,930,493	−0.82
≡	CSCO – Cisco Systems, Inc.	Sell	−23,912,097	−0.81
≡	D – Dominion Energy, Inc.	Sell	−22,812,448	−0.80
≡	AEP – American Electric Power Co., Inc.	Sell	−11,831,805	−0.74
≡	COHR – Coherent Corp.	Sell	−14,013,619	−0.73
≡	FOXA – Fox Corp.	Sell	−28,594,326	−0.70
≡	STT – State Street Corp.	Sell	−12,914,714	−0.68
≡	INCY – Incyte Corp.	Sell	−15,279,343	−0.66
≡	BAX – Baxter International, Inc.	Sell	−27,522,745	−0.66
≡	ALNY – Alnylam Pharmaceuticals, Inc.	Sell	−3,780,185	−0.66
≡	CE – Celanese Corp.	Sell	−6,808,019	−0.66
≡	CARR – Carrier Global Corp.	Sell	−14,367,024	−0.65
≡	BAP – Credicorp, Ltd.	Sell	−5,474,280	−0.63
≡	AEG – Aegon, Ltd.	Sell	−118,143,251	−0.52
≡	HMC – Honda Motor Co., Ltd.	Sell	−22,135,475	−0.51
≡	SUI – Sun Communities, Inc.	Sell	−5,576,740	−0.48
≡	BMY – Bristol-Myers Squibb Co.	Sell	−15,766,898	−0.47
≡	NTR – Nutrien, Ltd.	Sell	−12,199,059	−0.44
≡	OXY – Occidental Petroleum Corp.	Sell	−14,270,270	−0.42
≡	LIN – Linde PLC	Sell	−1,326,990	−0.42
≡	JDCMF – JD.com, Inc.	Sell	−22,479,249	−0.42
≡	MDT – Medtronic PLC	Sell	−6,791,555	−0.38
≡	BAIDF – Baidu, Inc.	Sell	−5,883,215	−0.36
≡	TECK – Teck Resources, Ltd.	Sell	−10,554,840	−0.36
≡	FOX – Fox Corp.	Sell	−11,366,057	−0.26
≡	GLPI – Gaming & Leisure Properties, Inc.	Sell	−6,524,863	−0.21
≡	BHFAO – Brighthouse Financial, Inc.	Sell	−6,688,783	−0.21
≡	CPNG – Coupang, Inc.	Sell	−12,114,152	−0.18
≡	SATS – EchoStar Corp.	Sell	−13,564,286	−0.17
≡	TV – Grupo Televisa SAB	Sell	−64,212,690	−0.13
≡	LBTYA – Liberty Global, Ltd.	Sell	−8,786,768	−0.11
≡	HDB – HDFC Bank, Ltd.	Sell	−2,364,300	−0.11
≡	FLUT – Flutter Entertainment PLC	Sell	−624,478	−0.08
≡	NETTF – NetEase, Inc.	Sell	−1,080,952	−0.07
≡	AXP – American Express Co.	Sell	−416,269	−0.07
≡	LBTYA – Liberty Global, Ltd.	Sell	−4,767,561	−0.06
≡	FMCQF – Fresenius Medical Care AG	Sell	−4,223,110	−0.06
≡	CDNS – Cadence Design Systems, Inc.	Sell	−261,118	−0.06
≡	JPM – JPMorgan Chase & Co.	Sell	−307,915	−0.04
≡	LLY – Eli Lilly & Co.	Sell	−45,978	−0.03
≡	SLB – Schlumberger NV	Sell	−670,479	−0.02
≡	GEV – GE Vernova, Inc.	Sell	−182,865	−0.02
≡	DIS – The Walt Disney Co.	Sell	−305,856	−0.02
≡	CVX – Chevron Corp.	Sell	−184,453	−0.02
≡	TRV – The Travelers Co., Inc.	Sell	−112,870	−0.02
≡	MRK – Merck & Co., Inc.	Sell	−158,876	−0.01
≡	HPE – Hewlett Packard Enterprise Co.	Sell	−747,383	−0.01
≡	PG – The Procter & Gamble Co.	Sell	−94,903	−0.01
≡	TSM – Taiwan Semiconductor Manufacturing Co., Ltd.	Sell	−86,500	−0.01
≡	TMO – Thermo Fisher Scientific, Inc.	Sell	−26,791	−0.01
≡	CAT – Caterpillar, Inc.	Sell	−42,276	−0.01
≡	ADBE – Adobe, Inc.	Sell	−21,602	−0.01
≡	AZNCF – AstraZeneca PLC	Sell	−149,785	−0.01
≡	XOM – Exxon Mobil Corp.	Sell	−79,812	−0.01
≡	HD – The Home Depot, Inc.	Sell	−24,482	−0.01
≡	BSX – Boston Scientific Corp.	Sell	−97,095	−0.01
≡	ADI – Analog Devices, Inc.	Sell	−31,815	−0.01
≡	HESM – Hess Corp.	Sell	−46,550	−0.00
≡	SNPS – Synopsys, Inc.	Sell	−11,450	−0.00
≡	AVGO – Broadcom, Inc.	Sell	−3,808	−0.00
≡	INTR – International Business Machines Corp.	Sell	−34,270	−0.00
≡	DELL – Dell Technologies, Inc.	Sell	−38,400	−0.00
≡	BRK-B – Berkshire Hathaway, Inc.	Sell	−12,703	−0.00
≡	AAPL – Apple, Inc.	Sell	−24,318	−0.00
≡	DE – Deere & Co.	Sell	−13,036	−0.00
≡	AMGN – Amgen, Inc.	Sell	−14,382	−0.00
≡	RYDAF – Shell PLC	Sell	−57,713	−0.00
≡	DHR – Danaher Corp.	Sell	−16,525	−0.00
≡	CXMSF – Cemex SAB de CV	Sell	−644,700	−0.00
≡	MSI – Motorola Solutions, Inc.	Sell	−8,627	−0.00
≡	JNJ – Johnson & Johnson	Sell	−21,097	−0.00
≡	HAL – Halliburton Co.	Sell	−87,202	−0.00
≡	BRK-B – Berkshire Hathaway, Inc.	Sell	−4	−0.00
≡	SPGI – S&P Global, Inc.	Sell	−5,400	−0.00
≡	PNC – The PNC Financial Services Group, Inc.	Sell	−14,275	−0.00
≡	APA – APA Corp.	Sell	−72,850	−0.00
≡	AOSL – Alpha & Omega Semiconductor, Ltd.	Sell	−50,694	−0.00
≡	ABBV – AbbVie, Inc.	Sell	−11,006	−0.00
≡	GLW – Corning, Inc.	Sell	−48,150	−0.00
≡	ABT – Abbott Laboratories	Sell	−17,857	−0.00
≡	HON – Honeywell International, Inc.	Sell	−8,019	−0.00
≡	DGEAF – Diageo PLC	Sell	−13,511	−0.00
≡	MCD – McDonald's Corp.	Sell	−6,550	−0.00
≡	KO – The Coca-Cola Co.	Sell	−24,635	−0.00
≡	TRPCF – Trip.com Group, Ltd.	Sell	−30,400	−0.00
≡	DD – DuPont de Nemours, Inc.	Sell	−17,583	−0.00
≡	CTVA – Corteva, Inc.	Sell	−25,648	−0.00
≡	CL – Colgate-Palmolive Co.	Sell	−14,000	−0.00
≡	LVS – Las Vegas Sands Corp.	Sell	−28,400	−0.00
≡	JOYY – JOYY, Inc.	Sell	−34,966	−0.00
≡	USB – U.S. Bancorp	Sell	−25,000	−0.00
≡	MO – Altria Group, Inc.	Sell	−21,000	−0.00
≡	MMM – 3M Co.	Sell	−9,224	−0.00
≡	DOW – Dow, Inc.	Sell	−17,331	−0.00
≡	CPA – Copa Holdings SA	Sell	−9,350	−0.00
≡	EBAY – eBay, Inc.	Sell	−15,710	−0.00
≡	GPRK – Geopark, Ltd.	Sell	−76,814	−0.00
≡	PYPL – PayPal Holdings, Inc.	Sell	−14,100	−0.00
≡	AMP – Ameriprise Financial, Inc.	Sell	−1,827	−0.00
≡	MDLZ – Mondelez International, Inc.	Sell	−11,840	−0.00
≡	APD – Air Products & Chemicals, Inc.	Sell	−2,900	−0.00
≡	KSPI – Kaspi.KZ JSC	Sell	−5,526	−0.00
≡	MCO – Moody's Corp.	Sell	−1,566	−0.00
≡	GPC – Genuine Parts Co.	Sell	−4,675	−0.00
≡	IFS – Intercorp Financial Services, Inc.	Sell	−27,010	−0.00
≡	ELV – Elevance Health, Inc.	Sell	−1,100	−0.00
≡	BLK – BlackRock, Inc.	Sell	−750	−0.00
≡	BEKE – KE Holdings, Inc.	Sell	−38,440	−0.00
≡	AFYA – Afya, Ltd.	Sell	−29,183	−0.00
≡	PEP – PepsiCo, Inc.	Sell	−3,075	−0.00
≡	PSX – Phillips 66	Sell	−2,600	−0.00
≡	DLO – Dlocal, Ltd.	Sell	−44,900	−0.00
≡	LMT – Lockheed Martin Corp.	Sell	−775	−0.00
≡	CTAS – Cintas Corp.	Sell	−500	−0.00
≡	PPG – PPG Industries, Inc.	Sell	−2,200	−0.00
≡	RTPPF – Rio Tinto PLC	Sell	−4,000	−0.00
≡	NOAH – Noah Holdings, Ltd.	Sell	−26,840	−0.00
≡	BDX – Becton, Dickinson & Co.	Sell	−980	−0.00
≡	IAU – Intuitive Surgical, Inc.	Sell	−500	−0.00
≡	LOMA – Loma Negra Cia Industrial Argentina SA	Sell	−30,800	−0.00
≡	Qurate Retail, Inc.	Sell	−22,000	−0.00
Q2 2024filed Aug 13, 245 new6 added18 reduced41 exited
≡	WFC – Wells Fargo & Co.	Sell	−115,176,052	−3.87
≡	COF – Capital One Financial Corp.	Sell	−24,382,817	−2.11
≡	UBS – UBS Group AG	Sell	−75,422,942	−1.35
≡	TEL – TE Connectivity, Ltd.	Sell	−15,814,523	−1.33
≡	GS – The Goldman Sachs Group, Inc.	Sell	−5,473,633	−1.33
≡	ZBH – Zimmer Biomet Holdings, Inc.	Sell	−16,419,270	−1.26
≡	UNH – UnitedHealth Group, Inc.	Sell	−3,946,005	−1.13
≡	SU – Suncor Energy, Inc.	Sell	−40,018,854	−0.86
≡	CTSH – Cognizant Technology Solutions Corp.	Sell	−18,498,499	−0.79
≡	JNP – Juniper Networks, Inc.	Sell	−34,259,515	−0.74
≡	CI – The Cigna Group	Reduce 33.00%	−4,275,082	−0.67
≡	GAP – The Gap, Inc.	Sell	−36,133,428	−0.58
≡	TAP – Molson Coors Beverage Co.	Sell	−14,514,739	−0.57
≡	HPE – Hewlett Packard Enterprise Co.	Reduce 98.00%	−47,746,489	−0.49
≡	MCHP – Microchip Technology, Inc.	Sell	−8,688,028	−0.45
≡	XP – XP, Inc.	Sell	−29,685,045	−0.44
≡	VFC – VF Corp.	Sell	−35,430,050	−0.32
≡	TRP – TC Energy Corp.	Sell	−11,860,400	−0.28
≡	OVV – Ovintiv, Inc.	Sell	−8,665,010	−0.26
≡	COHR – Coherent Corp.	Reduce 7.00%	−1,084,769	0.20
≡	TMUS – T-Mobile U.S., Inc.	Reduce 11.00%	−1,213,765	0.19
≡	STT – State Street Corp.	Reduce 32.00%	−6,131,885	−0.17
≡	BAC – Bank of America Corp.	Reduce 14.00%	−10,273,207	0.16
≡	NWSA – News Corp.	Sell	−10,466,332	−0.16
≡	YUMC – Yum China Holdings, Inc.	Sell	−6,719,862	−0.16
≡	NBIX – Neurocrine Biosciences, Inc.	Sell	−1,265,244	−0.10
≡	AEG – Aegon, Ltd.	Reduce 6.00%	−7,126,766	0.08
≡	ITUB – Itau Unibanco Holding SA	Sell	−15,806,905	−0.06
≡	BHFAO – Brighthouse Financial, Inc.	Reduce 23.00%	−2,050,513	−0.05
≡	UNP – Union Pacific Corp.	Sell	−283,191	−0.04
≡	JDCMF – JD.com, Inc.	Reduce 6.00%	−1,451,800	0.04
≡	GE – GE Aerospace	Reduce 11.00%	−1,827,310	−0.02
≡	TGT – Target Corp.	Sell	−117,799	−0.01
≡	WMT – Walmart, Inc.	Sell	−206,860	−0.01
≡	VMC – Vulcan Materials Co.	Sell	−24,700	−0.00
≡	PFE – Pfizer, Inc.	Sell	−116,385	−0.00
≡	OTIS – Otis Worldwide Corp.	Sell	−22,260	−0.00
≡	PH – Parker-Hannifin Corp.	Sell	−2,850	−0.00
≡	VIPS – Vipshop Holdings, Ltd.	Sell	−94,197	−0.00
≡	PM – Philip Morris International, Inc.	Sell	−17,000	−0.00
≡	NEE – NextEra Energy, Inc.	Sell	−24,000	−0.00
≡	NUE – Nucor Corp.	Sell	−6,800	−0.00
≡	UNLYF – Unilever PLC	Sell	−23,900	−0.00
≡	SLB – Schlumberger NV	Reduce 9.00%	−62,368	−0.00
≡	AVGO – Broadcom, Inc.	Reduce 23.00%	−1,150	0.00
≡	GIS – General Mills, Inc.	Sell	−11,200	−0.00
≡	DELL – Dell Technologies, Inc.	Reduce 40.00%	−25,150	−0.00
≡	IBN – ICICI Bank, Ltd.	Sell	−19,950	−0.00
≡	GLW – Corning, Inc.	Reduce 13.00%	−7,050	0.00
≡	ALL – The Allstate Corp.	Sell	−2,618	−0.00
≡	ZTS – Zoetis, Inc.	Sell	−1,700	−0.00
≡	V – Visa, Inc.	Sell	−1,000	−0.00
≡	LNC – Lincoln National Corp.	Sell	−8,500	−0.00
≡	PBR – Petroleo Brasileiro SA	Sell	−16,500	−0.00
≡	VZ – Verizon Communications, Inc.	Sell	−5,500	−0.00
≡	APA – APA Corp.	Reduce 8.00%	−6,500	−0.00
≡	EBAY – eBay, Inc.	Reduce 16.00%	−3,000	0.00
≡	LOMA – Loma Negra Cia Industrial Argentina SA	Reduce 25.00%	−10,000	−0.00
≡	HAL – Halliburton Co.	Reduce 6.00%	−5,200	−0.00
Q1 2024filed May 14, 245 new23 added27 reduced3 exited
≡	MCHP – Microchip Technology, Inc.	Reduce 47.00%	−7,761,231	−0.49
≡	UBS – UBS Group AG	Reduce 18.00%	−16,909,009	−0.47
≡	OVV – Ovintiv, Inc.	Reduce 62.00%	−14,290,241	−0.38
≡	OTIS – Otis Worldwide Corp.	Reduce 100.00%	−5,004,237	−0.28
≡	MSFT – Microsoft Corp.	Reduce 12.00%	−1,330,511	−0.27
≡	TECK – Teck Resources, Ltd.	Reduce 42.00%	−7,753,300	−0.21
≡	NVSEF – Novartis AG	Reduce 6.00%	−811,553	−0.15
≡	STT – State Street Corp.	Reduce 7.00%	−1,368,295	−0.15
≡	DISH – DISH Network Corp.	Sell	−38,886,766	−0.14
≡	HMC – Honda Motor Co., Ltd.	Reduce 30.00%	−9,404,685	−0.14
≡	JXN – Jackson Financial, Inc.	Sell	−3,071,598	−0.10
≡	META – Meta Platforms, Inc.	Reduce 12.00%	−545,414	0.10
≡	BK – The Bank of New York Mellon Corp.	Reduce 6.00%	−3,363,215	−0.09
≡	HPE – Hewlett Packard Enterprise Co.	Reduce 10.00%	−5,688,801	−0.09
≡	NETTF – NetEase, Inc.	Reduce 47.00%	−851,900	−0.05
≡	AVGO – Broadcom, Inc.	Reduce 91.00%	−50,787	−0.04
≡	SU – Suncor Energy, Inc.	Reduce 9.00%	−3,797,700	−0.03
≡	IBN – ICICI Bank, Ltd.	Reduce 98.00%	−982,550	−0.01
≡	COHR – Coherent Corp.	Reduce 19.00%	−3,637,020	0.01
≡	DELL – Dell Technologies, Inc.	Reduce 74.00%	−180,347	−0.01
≡	SLB – Schlumberger NV	Reduce 7.00%	−51,550	−0.00
≡	LLY – Eli Lilly & Co.	Reduce 13.00%	−7,104	0.00
≡	ADI – Analog Devices, Inc.	Reduce 8.00%	−2,670	−0.00
≡	APA – APA Corp.	Reduce 10.00%	−8,600	−0.00
≡	HAL – Halliburton Co.	Reduce 13.00%	−13,300	−0.00
≡	MCD – McDonald's Corp.	Reduce 6.00%	−400	−0.00
≡	VLTO – Veralto Corp.	Sell	−3,382	−0.00
≡	EBAY – eBay, Inc.	Reduce 20.00%	−4,700	−0.00
≡	MCO – Moody's Corp.	Reduce 8.00%	−136	−0.00
≡	V – Visa, Inc.	Reduce 17.00%	−200	−0.00

Hist	Stock	Activity	Share change	% change to portfolio
Q1 2026filed May 14, 26222 exited
≡	SCHW – The Charles Schwab Corp.	Sell	−76,513,926	−4.13
≡	JCI – Johnson Controls International PLC	Sell	−60,382,969	−3.90
≡	RTX – RTX Corp.	Sell	−37,571,811	−3.72
≡	CVS – CVS Health Corp.	Sell	−62,509,988	−2.68
≡	FDX – FedEx Corp.	Sell	−15,582,168	−2.43
≡	MET – MetLife, Inc.	Sell	−52,252,050	−2.23
≡	GOOG – Alphabet, Inc.	Sell	−12,875,798	−2.18
≡	BKNG – Booking Holdings, Inc.	Sell	−732,081	−2.12
≡	MSFT – Microsoft Corp.	Sell	−7,441,750	−1.94
≡	REGN – Regeneron Pharmaceuticals, Inc.	Sell	−4,596,358	−1.92
≡	AMZN – Amazon.com, Inc.	Sell	−15,230,394	−1.90
≡	GOOGL – Alphabet, Inc.	Sell	−10,833,118	−1.83
≡	TEL – TE Connectivity PLC	Sell	−14,873,850	−1.83
≡	CMCSA – Comcast Corp.	Sell	−112,967,514	−1.82
≡	GSK – GSK PLC	Sell	−68,517,969	−1.81
≡	FISV – Fiserv, Inc.	Sell	−49,474,622	−1.79
≡	META – Meta Platforms, Inc.	Sell	−5,019,837	−1.79
≡	OXY – Occidental Petroleum Corp.	Sell	−79,473,071	−1.76
≡	FIS – Fidelity National Information Services, Inc.	Sell	−49,113,297	−1.76
≡	GILD – Gilead Sciences, Inc.	Sell	−26,283,511	−1.74
≡	CI – The Cigna Group	Sell	−11,138,614	−1.65
≡	CHTR – Charter Communications, Inc.	Sell	−14,609,220	−1.65
≡	UNH – UnitedHealth Group, Inc.	Sell	−9,172,769	−1.63
≡	WFC – Wells Fargo & Co.	Sell	−32,311,711	−1.63
≡	BK – The Bank of New York Mellon Corp.	Sell	−25,811,239	−1.62
≡	HUM – Humana, Inc.	Sell	−11,290,435	−1.56
≡	NSC – Norfolk Southern Corp.	Sell	−9,623,885	−1.50
≡	AON – Aon PLC	Sell	−7,852,456	−1.50
≡	SNY – Sanofi SA	Sell	−56,492,599	−1.48
≡	GEHC – GE HealthCare Technologies, Inc.	Sell	−31,211,229	−1.38
≡	IFF – International Flavors & Fragrances, Inc.	Sell	−36,401,042	−1.32
≡	FTV – Fortive Corp.	Sell	−44,157,822	−1.32
≡	SBAC – SBA Communications Corp.	Sell	−11,996,134	−1.25
≡	APD – Air Products & Chemicals, Inc.	Sell	−9,236,610	−1.23
≡	WTW – Willis Towers Watson PLC	Sell	−6,925,525	−1.23
≡	COF – Capital One Financial Corp.	Sell	−9,163,067	−1.20
≡	BUD – Anheuser-Busch InBev SA/NV	Sell	−33,113,431	−1.14
≡	ZBH – Zimmer Biomet Holdings, Inc.	Sell	−23,506,849	−1.14
≡	BN – Brookfield Corp.	Sell	−41,280,320	−1.02
≡	BKR – Baker Hughes Co.	Sell	−40,759,438	−1.00
≡	SUI – Sun Communities, Inc.	Sell	−14,491,865	−0.97
≡	ELAN – Elanco Animal Health, Inc.	Sell	−79,084,305	−0.97
≡	GE – GE Aerospace	Sell	−5,191,577	−0.86
≡	UBS – UBS Group AG	Sell	−33,665,342	−0.84
≡	HLN – Haleon PLC	Sell	−151,755,452	−0.83
≡	GS – The Goldman Sachs Group, Inc.	Sell	−1,709,674	−0.81
≡	BABA – Alibaba Group Holding, Ltd.	Sell	−10,016,870	−0.79
≡	LPLA – LPL Financial Holdings, Inc.	Sell	−3,948,970	−0.76
≡	AVTR – Avantor, Inc.	Sell	−117,065,143	−0.72
≡	INCY – Incyte Corp.	Sell	−13,261,742	−0.71
≡	D – Dominion Energy, Inc.	Sell	−22,149,918	−0.70
≡	TMUS – T-Mobile U.S., Inc.	Sell	−6,185,972	−0.68
≡	CTSH – Cognizant Technology Solutions Corp.	Sell	−14,983,337	−0.67
≡	NVS – Novartis AG	Sell	−9,014,641	−0.67
≡	SU – Suncor Energy, Inc.	Sell	−27,257,754	−0.65
≡	CPNG – Coupang, Inc.	Sell	−49,233,320	−0.63
≡	BAP – Credicorp, Ltd.	Sell	−3,870,940	−0.60
≡	BAX – Baxter International, Inc.	Sell	−56,999,970	−0.59
≡	AEP – American Electric Power Co., Inc.	Sell	−9,342,540	−0.58
≡	ADM – Archer-Daniels-Midland Co.	Sell	−17,084,645	−0.53
≡	CX – Cemex SAB de CV	Sell	−84,794,670	−0.53
≡	COP – ConocoPhillips	Sell	−10,290,169	−0.52
≡	TAP – Molson Coors Beverage Co.	Sell	−18,610,924	−0.47
≡	BMRN – BioMarin Pharmaceutical, Inc.	Sell	−14,572,384	−0.47
≡	TDY – Teledyne Technologies, Inc.	Sell	−1,685,340	−0.46
≡	FOXA – Fox Corp.	Sell	−11,613,443	−0.46
≡	TRU – TransUnion	Sell	−9,842,006	−0.46
≡	NBIX – Neurocrine Biosciences, Inc.	Sell	−5,508,042	−0.42
≡	ALNY – Alnylam Pharmaceuticals, Inc.	Sell	−1,964,415	−0.42
≡	HPQ – HP, Inc.	Sell	−34,503,131	−0.41
≡	ADBE – Adobe, Inc.	Sell	−2,164,475	−0.41
≡	MDT – Medtronic PLC	Sell	−7,738,043	−0.40
≡	VFC – VF Corp.	Sell	−40,679,850	−0.40
≡	LYB – LyondellBasell Industries NV	Sell	−16,879,077	−0.39
≡	CARR – Carrier Global Corp.	Sell	−13,421,292	−0.38
≡	CE – Celanese Corp.	Sell	−15,304,050	−0.35
≡	RAL – Ralliant Corp.	Sell	−12,214,679	−0.34
≡	STT – State Street Corp.	Sell	−4,744,154	−0.33
≡	GLPI – Gaming & Leisure Properties, Inc.	Sell	−13,589,962	−0.33
≡	LIN – Linde PLC	Sell	−1,329,590	−0.31
≡	XP – XP, Inc.	Sell	−33,960,545	−0.30
≡	AEG – Aegon, Ltd.	Sell	−70,522,831	−0.29
≡	TRP – TC Energy Corp.	Sell	−9,294,300	−0.28
≡	PDD – PDD Holdings, Inc.	Sell	−4,439,800	−0.27
≡	FOX – Fox Corp.	Sell	−7,257,827	−0.25
≡	TIGO – Millicom International Cellular SA	Sell	−8,133,132	−0.24
≡	YUMC – Yum China Holdings, Inc.	Sell	−8,553,962	−0.22
≡	MCHP – Microchip Technology, Inc.	Sell	−6,187,474	−0.21
≡	BMY – Bristol-Myers Squibb Co.	Sell	−7,078,250	−0.21
≡	JD – JD.com, Inc.	Sell	−12,194,648	−0.19
≡	BNTX – BioNTech SE	Sell	−3,614,491	−0.19
≡	NWSA – News Corp.	Sell	−12,449,295	−0.18
≡	NTES – NetEase, Inc.	Sell	−2,154,376	−0.16
≡	AMRZ – Amrize, Ltd.	Sell	−5,385,441	−0.16
≡	AJG – Arthur J Gallagher & Co.	Sell	−880,585	−0.12
≡	IEX – IDEX Corp.	Sell	−1,262,550	−0.12
≡	HDB – HDFC Bank, Ltd.	Sell	−5,501,800	−0.11
≡	ITUB – Itau Unibanco Holding SA	Sell	−19,120,110	−0.07
≡	FLUT – Flutter Entertainment PLC	Sell	−628,878	−0.07
≡	COHR – Coherent Corp.	Sell	−669,855	−0.07
≡	BAC – Bank of America Corp.	Sell	−2,009,022	−0.06
≡	AXP – American Express Co.	Sell	−292,549	−0.06
≡	FMS – Fresenius Medical Care AG	Sell	−3,826,910	−0.05
≡	GEV – GE Vernova, Inc.	Sell	−138,214	−0.05
≡	CDNS – Cadence Design Systems, Inc.	Sell	−237,363	−0.04
≡	LBTYA – Liberty Global, Ltd.	Sell	−6,682,068	−0.04
≡	FCNCA – First Citizens BancShares, Inc.	Sell	−31,566	−0.04
≡	UNP – Union Pacific Corp.	Sell	−263,116	−0.03
≡	WMB – The Williams Co., Inc.	Sell	−1,000,892	−0.03
≡	LBTYA – Liberty Global, Ltd.	Sell	−4,481,061	−0.03
≡	LLY – Eli Lilly & Co.	Sell	−42,492	−0.02
≡	JPM – JPMorgan Chase & Co.	Sell	−124,405	−0.02
≡	TSM – Taiwan Semiconductor Manufacturing Co., Ltd.	Sell	−107,800	−0.02
≡	CVX – Chevron Corp.	Sell	−212,714	−0.02
≡	DIS – The Walt Disney Co.	Sell	−270,339	−0.02
≡	NESR – National Energy Services Reunited Corp.	Sell	−1,929,094	−0.02
≡	TRV – The Travelers Co., Inc.	Sell	−94,782	−0.01
≡	CAT – Caterpillar, Inc.	Sell	−40,724	−0.01
≡	WMT – Walmart, Inc.	Sell	−179,535	−0.01
≡	TMO – Thermo Fisher Scientific, Inc.	Sell	−25,741	−0.01
≡	MRK – Merck & Co., Inc.	Sell	−138,205	−0.01
≡	KSPI – Kaspi.KZ JSC	Sell	−183,726	−0.01
≡	IBM – International Business Machines Corp.	Sell	−46,702	−0.01
≡	PG – The Procter & Gamble Co.	Sell	−90,831	−0.01
≡	CSCO – Cisco Systems, Inc.	Sell	−163,114	−0.01
≡	AZN – AstraZeneca PLC	Sell	−121,043	−0.01
≡	TGT – Target Corp.	Sell	−98,129	−0.01
≡	XOM – Exxon Mobil Corp.	Sell	−74,493	−0.00
≡	AAPL – Apple, Inc.	Sell	−31,807	−0.00
≡	BSX – Boston Scientific Corp.	Sell	−88,885	−0.00
≡	HD – The Home Depot, Inc.	Sell	−23,247	−0.00
≡	AVGO – Broadcom, Inc.	Sell	−20,580	−0.00
≡	VMC – Vulcan Materials Co.	Sell	−24,000	−0.00
≡	SLB – SLB, Ltd.	Sell	−176,849	−0.00
≡	DE – Deere & Co.	Sell	−12,626	−0.00
≡	BRK.B – Berkshire Hathaway, Inc.	Sell	−11,440	−0.00
≡	ADI – Analog Devices, Inc.	Sell	−20,775	−0.00
≡	SNPS – Synopsys, Inc.	Sell	−10,200	−0.00
≡	ACMR – ACM Research, Inc.	Sell	−112,392	−0.00
≡	AMGN – Amgen, Inc.	Sell	−13,367	−0.00
≡	JNJ – Johnson & Johnson	Sell	−20,947	−0.00
≡	MSI – Motorola Solutions, Inc.	Sell	−11,255	−0.00
≡	SHEL – Shell PLC	Sell	−55,194	−0.00
≡	DHR – Danaher Corp.	Sell	−16,450	−0.00
≡	SATS – EchoStar Corp.	Sell	−32,443	−0.00
≡	GLW – Corning, Inc.	Sell	−36,850	−0.00
≡	JOYY – JOYY, Inc.	Sell	−49,606	−0.00
≡	BRK.B – Berkshire Hathaway, Inc.	Sell	−4	−0.00
≡	PNC – The PNC Financial Services Group, Inc.	Sell	−14,000	−0.00
≡	SPGI – S&P Global, Inc.	Sell	−5,400	−0.00
≡	MELI – MercadoLibre, Inc.	Sell	−1,392	−0.00
≡	PM – Philip Morris International, Inc.	Sell	−17,000	−0.00
≡	DELL – Dell Technologies, Inc.	Sell	−19,180	−0.00
≡	ABBV – AbbVie, Inc.	Sell	−10,393	−0.00
≡	PFE – Pfizer, Inc.	Sell	−90,364	−0.00
≡	PH – Parker-Hannifin Corp.	Sell	−2,500	−0.00
≡	VIPS – Vipshop Holdings, Ltd.	Sell	−124,197	−0.00
≡	ABT – Abbott Laboratories	Sell	−17,324	−0.00
≡	BIDU – Baidu, Inc.	Sell	−16,530	−0.00
≡	HPE – Hewlett Packard Enterprise Co.	Sell	−86,454	−0.00
≡	MCD – McDonald's Corp.	Sell	−6,475	−0.00
≡	NEE – NextEra Energy, Inc.	Sell	−23,600	−0.00
≡	LVS – Las Vegas Sands Corp.	Sell	−28,186	−0.00
≡	KO – The Coca-Cola Co.	Sell	−24,000	−0.00
≡	HON – Honeywell International, Inc.	Sell	−8,019	−0.00
≡	OTIS – Otis Worldwide Corp.	Sell	−16,010	−0.00
≡	TCOM – Trip.com Group, Ltd.	Sell	−19,250	−0.00
≡	CTVA – Corteva, Inc.	Sell	−20,527	−0.00
≡	MMM – 3M Co.	Sell	−7,676	−0.00
≡	MO – Altria Group, Inc.	Sell	−21,000	−0.00
≡	KARO – Karooooo, Ltd.	Sell	−24,423	−0.00
≡	EBAY – eBay, Inc.	Sell	−12,750	−0.00
≡	ATAT – Atour Lifestyle Holdings, Ltd.	Sell	−28,152	−0.00
≡	CL – Colgate-Palmolive Co.	Sell	−14,000	−0.00
≡	ZH – Zhihu, Inc.	Sell	−319,164	−0.00
≡	NUE – Nucor Corp.	Sell	−6,200	−0.00
≡	DEO – Diageo PLC	Sell	−11,077	−0.00
≡	TFC – Truist Financial Corp.	Sell	−19,151	−0.00
≡	ARCO – Arcos Dorados Holdings, Inc.	Sell	−112,966	−0.00
≡	CIB – Grupo Cibest SA	Sell	−12,046	−0.00
≡	BLK – Blackrock, Inc.	Sell	−711	−0.00
≡	PSMT – PriceSmart, Inc.	Sell	−6,156	−0.00
≡	IFS – Intercorp Financial Services, Inc.	Sell	−17,391	−0.00
≡	AMP – Ameriprise Financial, Inc.	Sell	−1,500	−0.00
≡	ABEV – Ambev SA	Sell	−296,300	−0.00
≡	GPRK – Geopark, Ltd.	Sell	−93,045	−0.00
≡	MDLZ – Mondelez International, Inc.	Sell	−11,840	−0.00
≡	NVDA – NVIDIA Corp.	Sell	−3,400	−0.00
≡	MCO – Moody's Corp.	Sell	−1,213	−0.00
≡	Q – Qnity Electronics, Inc.	Sell	−7,503	−0.00
≡	DD – DuPont de Nemours, Inc.	Sell	−14,843	−0.00
≡	GPC – Genuine Parts Co.	Sell	−4,650	−0.00
≡	LOMA – Loma Negra Cia Industrial Argentina SA	Sell	−43,482	−0.00
≡	APA – APA Corp.	Sell	−22,500	−0.00
≡	GTMAY – Grupo Aeroportuario del Sureste SAB de CV	Sell	−1,700	−0.00
≡	AFYA – Afya, Ltd.	Sell	−35,387	−0.00
≡	ALL – The Allstate Corp.	Sell	−2,595	−0.00
≡	LAUR – Laureate Education, Inc.	Sell	−15,700	−0.00
≡	GIS – General Mills, Inc.	Sell	−11,200	−0.00
≡	DLO – Dlocal, Ltd.	Sell	−36,700	−0.00
≡	LYV – Live Nation Entertainment, Inc.	Sell	−3,500	−0.00
≡	CPA – Copa Holdings SA	Sell	−3,950	−0.00
≡	ELV – Elevance Health, Inc.	Sell	−1,300	−0.00
≡	PEP – PepsiCo, Inc.	Sell	−3,075	−0.00
≡	VOO – Vanguard S&P 500 ETF	Sell	−600	−0.00
≡	LMT – Lockheed Martin Corp.	Sell	−775	−0.00
≡	PBR – Petroleo Brasileiro SA - Petrobras	Sell	−31,200	−0.00
≡	UL – Unilever PLC	Sell	−5,244	−0.00
≡	CTAS – Cintas Corp.	Sell	−1,800	−0.00
≡	PAX – Patria Investments, Ltd.	Sell	−21,200	−0.00
≡	PSX – Phillips 66	Sell	−2,600	−0.00
≡	V – Visa, Inc.	Sell	−859	−0.00
≡	INTU – Intuitive Surgical, Inc.	Sell	−500	−0.00
≡	MGM – MGM Resorts International	Sell	−7,500	−0.00
≡	PYPL – PayPal Holdings, Inc.	Sell	−4,475	−0.00
≡	JBS – JBS NV	Sell	−16,950	−0.00
≡	RIO – Rio Tinto PLC	Sell	−3,000	−0.00
≡	DOW – Dow, Inc.	Sell	−9,713	−0.00
≡	CB – Chubb, Ltd.	Sell	−722	−0.00
≡	PPG – PPG Industries, Inc.	Sell	−2,200	−0.00
≡	VZ – Verizon Communications, Inc.	Sell	−5,500	−0.00
≡	CIG – Cia Energetica de Minas Gerais	Sell	−15,000	−0.00
Q4 2025filed Feb 13, 2613 new22 added62 reduced10 exited
≡	SATS – EchoStar Corp.	Reduce 100.00%	−11,758,684	−0.48
≡	BK – The Bank of New York Mellon Corp.	Reduce 26.00%	−9,031,705	−0.43
≡	BAC – Bank of America Corp.	Reduce 87.00%	−13,337,999	−0.37
≡	GOOG – Alphabet, Inc.	Reduce 8.00%	−1,116,939	0.34
≡	BIDU – Baidu, Inc.	Reduce 100.00%	−4,387,885	−0.31
≡	CVS – CVS Health Corp.	Reduce 15.00%	−10,666,598	−0.30
≡	SNY – Sanofi SA	Reduce 18.00%	−12,439,148	−0.28
≡	BABA – Alibaba Group Holding, Ltd.	Reduce 9.00%	−958,500	−0.27
≡	NSC – Norfolk Southern Corp.	Reduce 11.00%	−1,250,364	−0.26
≡	COF – Capital One Financial Corp.	Reduce 24.00%	−2,944,850	−0.19
≡	TECK – Teck Resources, Ltd.	Sell	−7,871,440	−0.19
≡	JD – JD.com, Inc.	Reduce 35.00%	−6,597,601	−0.17
≡	BKR – Baker Hughes Co.	Reduce 7.00%	−3,294,050	−0.16
≡	GE – GE Aerospace	Reduce 17.00%	−1,080,045	−0.15
≡	SCHW – The Charles Schwab Corp.	Reduce 8.00%	−6,529,327	−0.15
≡	ALNY – Alnylam Pharmaceuticals, Inc.	Reduce 15.00%	−356,815	−0.15
≡	GS – The Goldman Sachs Group, Inc.	Reduce 23.00%	−498,951	−0.14
≡	WFC – Wells Fargo & Co.	Reduce 17.00%	−6,576,214	−0.13
≡	UBS – UBS Group AG	Reduce 21.00%	−8,976,100	−0.11
≡	BAP – Credicorp, Ltd.	Reduce 21.00%	−1,028,775	−0.10
≡	RTX – RTX Corp.	Reduce 6.00%	−2,527,555	0.10
≡	STT – State Street Corp.	Reduce 30.00%	−2,051,020	−0.09
≡	JCI – Johnson Controls International PLC	Reduce 6.00%	−3,827,676	0.09
≡	TV – Grupo Televisa SAB	Sell	−64,208,690	−0.09
≡	CTSH – Cognizant Technology Solutions Corp.	Reduce 8.00%	−1,218,305	0.08
≡	AEG – Aegon, Ltd.	Reduce 18.00%	−15,260,674	−0.08
≡	TEL – TE Connectivity PLC	Reduce 7.00%	−1,165,904	−0.07
≡	GILD – Gilead Sciences, Inc.	Reduce 13.00%	−3,849,620	−0.06
≡	GAP – The Gap, Inc.	Sell	−5,429,526	−0.06
≡	NVS – Novartis AG	Reduce 15.00%	−1,570,504	−0.06
≡	CX – Cemex SAB de CV	Reduce 12.00%	−11,939,700	0.06
≡	AMZN – Amazon.com, Inc.	Reduce 7.00%	−1,065,936	−0.03
≡	BUD – Anheuser-Busch InBev SA/NV	Reduce 9.00%	−3,432,790	−0.03
≡	NTES – NetEase, Inc.	Reduce 6.00%	−138,200	−0.03
≡	COHR – Coherent Corp.	Reduce 10.00%	−75,024	0.02
≡	GSK – GSK PLC	Reduce 13.00%	−9,885,765	−0.01
≡	JPM – JPMorgan Chase & Co.	Reduce 36.00%	−70,250	−0.01
≡	FOXA – Fox Corp.	Reduce 12.00%	−1,538,526	0.01
≡	AMRZ – Amrize, Ltd.	Reduce 7.00%	−401,100	0.01
≡	HDB – HDFC Bank, Ltd.	Reduce 11.00%	−713,000	−0.01
≡	WMB – The Williams Co., Inc.	Reduce 10.00%	−114,630	−0.01
≡	SLB – SLB, Ltd.	Reduce 63.00%	−299,410	−0.01
≡	NESR – National Energy Services Reunited Corp.	Reduce 14.00%	−326,800	0.00
≡	AXP – American Express Co.	Reduce 15.00%	−52,943	−0.00
≡	LBTYA – Liberty Global, Ltd.	Reduce 6.00%	−286,500	−0.00
≡	GEV – GE Vernova, Inc.	Reduce 10.00%	−15,526	−0.00
≡	CSCO – Cisco Systems, Inc.	Reduce 25.00%	−54,675	−0.00
≡	DIS – The Walt Disney Co.	Reduce 6.00%	−17,788	−0.00
≡	ADI – Analog Devices, Inc.	Reduce 33.00%	−10,030	−0.00
≡	MRK – Merck & Co., Inc.	Reduce 10.00%	−16,070	0.00
≡	UNLYF – Unilever PLC	Sell	−23,900	−0.00
≡	DELL – Dell Technologies, Inc.	Reduce 19.00%	−4,450	−0.00
≡	TRV – The Travelers Co., Inc.	Reduce 6.00%	−6,183	−0.00
≡	CIB – Grupo Cibest SA	Sell	−12,046	−0.00
≡	SNPS – Synopsys, Inc.	Reduce 6.00%	−700	−0.00
≡	AZN – AstraZeneca PLC	Reduce 12.00%	−16,445	0.00
≡	MGRE – Affiliated Managers Group, Inc.	Sell	−2,400	−0.00
≡	ACMR – ACM Research, Inc.	Reduce 9.00%	−10,500	−0.00
≡	HAL – Halliburton Co.	Sell	−14,700	−0.00
≡	APA – APA Corp.	Reduce 36.00%	−12,700	−0.00
≡	LOMA – Loma Negra Cia Industrial Argentina SA	Sell	−36,400	−0.00
≡	LYV – Live Nation Entertainment, Inc.	Reduce 22.00%	−1,000	−0.00
≡	IAU – Intuitive Surgical, Inc.	Sell	−500	−0.00
≡	ZTS – Zoetis, Inc.	Sell	−1,500	−0.00
≡	EBAY – eBay, Inc.	Reduce 9.00%	−1,300	−0.00
≡	MCO – Moody's Corp.	Reduce 23.00%	−353	−0.00
≡	MGM – MGM Resorts International	Reduce 29.00%	−3,000	−0.00
≡	TGT – Target Corp.	Reduce 7.00%	−7,950	0.00
≡	GLW – Corning, Inc.	Reduce 8.00%	−3,050	−0.00
≡	DOW – Dow, Inc.	Reduce 17.00%	−1,998	−0.00
≡	VOO – Vanguard S&P 500 ETF	Reduce 8.00%	−50	−0.00
≡	TFC – Truist Financial Corp.	Reduce 8.00%	−1,760	−0.00
Q3 2024filed Nov 13, 24163 exited
≡	SCHW – The Charles Schwab Corp.	Sell	−85,787,053	−4.52
≡	JCI – Johnson Controls International PLC	Sell	−85,272,989	−4.05
≡	GOOG – Alphabet, Inc.	Sell	−29,421,485	−3.86
≡	FISV – Fiserv, Inc.	Sell	−34,371,378	−3.66
≡	OXY – Occidental Petroleum Corp.	Sell	−78,361,008	−3.53
≡	RTX – RTX Corp.	Sell	−44,284,541	−3.18
≡	MSFT – Microsoft Corp.	Sell	−9,414,281	−3.01
≡	FDX – FedEx Corp.	Sell	−13,394,616	−2.87
≡	MET – MetLife, Inc.	Sell	−56,353,281	−2.83
≡	SNYNF – Sanofi SA	Sell	−77,109,633	−2.68
≡	CVS – CVS Health Corp.	Sell	−61,683,343	−2.61
≡	CHTR – Charter Communications, Inc.	Sell	−11,681,107	−2.50
≡	AMZN – Amazon.com, Inc.	Sell	−17,334,351	−2.40
≡	BK – The Bank of New York Mellon Corp.	Sell	−54,771,782	−2.35
≡	BKNG – Booking Holdings, Inc.	Sell	−789,804	−2.24
≡	FIS – Fidelity National Information Services, Inc.	Sell	−41,435,311	−2.23
≡	CI – The Cigna Group	Sell	−8,852,809	−2.09
≡	CMCSA – Comcast Corp.	Sell	−72,739,344	−2.04
≡	IFF – International Flavors & Fragrances, Inc.	Sell	−28,206,607	−1.92
≡	GLAXF – GSK PLC	Sell	−68,337,138	−1.88
≡	REGN – Regeneron Pharmaceuticals, Inc.	Sell	−2,315,686	−1.74
≡	BAC – Bank of America Corp.	Sell	−60,616,153	−1.72
≡	NSC – Norfolk Southern Corp.	Sell	−10,794,867	−1.66
≡	GE – GE Aerospace	Sell	−14,312,511	−1.63
≡	GILD – Gilead Sciences, Inc.	Sell	−33,122,337	−1.63
≡	GOOGL – Alphabet, Inc.	Sell	−12,202,672	−1.59
≡	TFC – Truist Financial Corp.	Sell	−51,665,856	−1.44
≡	META – Meta Platforms, Inc.	Sell	−3,829,095	−1.38
≡	BUDFF – Anheuser-Busch InBev SA/NV	Sell	−31,470,885	−1.31
≡	TMUS – T-Mobile U.S., Inc.	Sell	−9,827,889	−1.24
≡	BKR – Baker Hughes Co.	Sell	−46,058,888	−1.16
≡	HUM – Humana, Inc.	Sell	−4,308,536	−1.15
≡	WMB – The Williams Co., Inc.	Sell	−37,547,551	−1.14
≡	LYB – LyondellBasell Industries NV	Sell	−16,158,867	−1.11
≡	HLNCF – Haleon PLC	Sell	−180,170,635	−1.06
≡	AVTR – Avantor, Inc.	Sell	−65,364,190	−0.99
≡	COP – ConocoPhillips	Sell	−11,475,600	−0.94
≡	NVSEF – Novartis AG	Sell	−12,236,526	−0.93
≡	GEHC – GE HealthCare Technologies, Inc.	Sell	−16,713,150	−0.93
≡	BABA – Alibaba Group Holding, Ltd.	Sell	−18,034,070	−0.93
≡	HPQ – HP, Inc.	Sell	−35,098,525	−0.88
≡	ELAN – Elanco Animal Health, Inc.	Sell	−83,583,150	−0.86
≡	BMRN – BioMarin Pharmaceutical, Inc.	Sell	−13,930,493	−0.82
≡	CSCO – Cisco Systems, Inc.	Sell	−23,912,097	−0.81
≡	D – Dominion Energy, Inc.	Sell	−22,812,448	−0.80
≡	AEP – American Electric Power Co., Inc.	Sell	−11,831,805	−0.74
≡	COHR – Coherent Corp.	Sell	−14,013,619	−0.73
≡	FOXA – Fox Corp.	Sell	−28,594,326	−0.70
≡	STT – State Street Corp.	Sell	−12,914,714	−0.68
≡	INCY – Incyte Corp.	Sell	−15,279,343	−0.66
≡	BAX – Baxter International, Inc.	Sell	−27,522,745	−0.66
≡	ALNY – Alnylam Pharmaceuticals, Inc.	Sell	−3,780,185	−0.66
≡	CE – Celanese Corp.	Sell	−6,808,019	−0.66
≡	CARR – Carrier Global Corp.	Sell	−14,367,024	−0.65
≡	BAP – Credicorp, Ltd.	Sell	−5,474,280	−0.63
≡	AEG – Aegon, Ltd.	Sell	−118,143,251	−0.52
≡	HMC – Honda Motor Co., Ltd.	Sell	−22,135,475	−0.51
≡	SUI – Sun Communities, Inc.	Sell	−5,576,740	−0.48
≡	BMY – Bristol-Myers Squibb Co.	Sell	−15,766,898	−0.47
≡	NTR – Nutrien, Ltd.	Sell	−12,199,059	−0.44
≡	OXY – Occidental Petroleum Corp.	Sell	−14,270,270	−0.42
≡	LIN – Linde PLC	Sell	−1,326,990	−0.42
≡	JDCMF – JD.com, Inc.	Sell	−22,479,249	−0.42
≡	MDT – Medtronic PLC	Sell	−6,791,555	−0.38
≡	BAIDF – Baidu, Inc.	Sell	−5,883,215	−0.36
≡	TECK – Teck Resources, Ltd.	Sell	−10,554,840	−0.36
≡	FOX – Fox Corp.	Sell	−11,366,057	−0.26
≡	GLPI – Gaming & Leisure Properties, Inc.	Sell	−6,524,863	−0.21
≡	BHFAO – Brighthouse Financial, Inc.	Sell	−6,688,783	−0.21
≡	CPNG – Coupang, Inc.	Sell	−12,114,152	−0.18
≡	SATS – EchoStar Corp.	Sell	−13,564,286	−0.17
≡	TV – Grupo Televisa SAB	Sell	−64,212,690	−0.13
≡	LBTYA – Liberty Global, Ltd.	Sell	−8,786,768	−0.11
≡	HDB – HDFC Bank, Ltd.	Sell	−2,364,300	−0.11
≡	FLUT – Flutter Entertainment PLC	Sell	−624,478	−0.08
≡	NETTF – NetEase, Inc.	Sell	−1,080,952	−0.07
≡	AXP – American Express Co.	Sell	−416,269	−0.07
≡	LBTYA – Liberty Global, Ltd.	Sell	−4,767,561	−0.06
≡	FMCQF – Fresenius Medical Care AG	Sell	−4,223,110	−0.06
≡	CDNS – Cadence Design Systems, Inc.	Sell	−261,118	−0.06
≡	JPM – JPMorgan Chase & Co.	Sell	−307,915	−0.04
≡	LLY – Eli Lilly & Co.	Sell	−45,978	−0.03
≡	SLB – Schlumberger NV	Sell	−670,479	−0.02
≡	GEV – GE Vernova, Inc.	Sell	−182,865	−0.02
≡	DIS – The Walt Disney Co.	Sell	−305,856	−0.02
≡	CVX – Chevron Corp.	Sell	−184,453	−0.02
≡	TRV – The Travelers Co., Inc.	Sell	−112,870	−0.02
≡	MRK – Merck & Co., Inc.	Sell	−158,876	−0.01
≡	HPE – Hewlett Packard Enterprise Co.	Sell	−747,383	−0.01
≡	PG – The Procter & Gamble Co.	Sell	−94,903	−0.01
≡	TSM – Taiwan Semiconductor Manufacturing Co., Ltd.	Sell	−86,500	−0.01
≡	TMO – Thermo Fisher Scientific, Inc.	Sell	−26,791	−0.01
≡	CAT – Caterpillar, Inc.	Sell	−42,276	−0.01
≡	ADBE – Adobe, Inc.	Sell	−21,602	−0.01
≡	AZNCF – AstraZeneca PLC	Sell	−149,785	−0.01
≡	XOM – Exxon Mobil Corp.	Sell	−79,812	−0.01
≡	HD – The Home Depot, Inc.	Sell	−24,482	−0.01
≡	BSX – Boston Scientific Corp.	Sell	−97,095	−0.01
≡	ADI – Analog Devices, Inc.	Sell	−31,815	−0.01
≡	HESM – Hess Corp.	Sell	−46,550	−0.00
≡	SNPS – Synopsys, Inc.	Sell	−11,450	−0.00
≡	AVGO – Broadcom, Inc.	Sell	−3,808	−0.00
≡	INTR – International Business Machines Corp.	Sell	−34,270	−0.00
≡	DELL – Dell Technologies, Inc.	Sell	−38,400	−0.00
≡	BRK-B – Berkshire Hathaway, Inc.	Sell	−12,703	−0.00
≡	AAPL – Apple, Inc.	Sell	−24,318	−0.00
≡	DE – Deere & Co.	Sell	−13,036	−0.00
≡	AMGN – Amgen, Inc.	Sell	−14,382	−0.00
≡	RYDAF – Shell PLC	Sell	−57,713	−0.00
≡	DHR – Danaher Corp.	Sell	−16,525	−0.00
≡	CXMSF – Cemex SAB de CV	Sell	−644,700	−0.00
≡	MSI – Motorola Solutions, Inc.	Sell	−8,627	−0.00
≡	JNJ – Johnson & Johnson	Sell	−21,097	−0.00
≡	HAL – Halliburton Co.	Sell	−87,202	−0.00
≡	BRK-B – Berkshire Hathaway, Inc.	Sell	−4	−0.00
≡	SPGI – S&P Global, Inc.	Sell	−5,400	−0.00
≡	PNC – The PNC Financial Services Group, Inc.	Sell	−14,275	−0.00
≡	APA – APA Corp.	Sell	−72,850	−0.00
≡	AOSL – Alpha & Omega Semiconductor, Ltd.	Sell	−50,694	−0.00
≡	ABBV – AbbVie, Inc.	Sell	−11,006	−0.00
≡	GLW – Corning, Inc.	Sell	−48,150	−0.00
≡	ABT – Abbott Laboratories	Sell	−17,857	−0.00
≡	HON – Honeywell International, Inc.	Sell	−8,019	−0.00
≡	DGEAF – Diageo PLC	Sell	−13,511	−0.00
≡	MCD – McDonald's Corp.	Sell	−6,550	−0.00
≡	KO – The Coca-Cola Co.	Sell	−24,635	−0.00
≡	TRPCF – Trip.com Group, Ltd.	Sell	−30,400	−0.00
≡	DD – DuPont de Nemours, Inc.	Sell	−17,583	−0.00
≡	CTVA – Corteva, Inc.	Sell	−25,648	−0.00
≡	CL – Colgate-Palmolive Co.	Sell	−14,000	−0.00
≡	LVS – Las Vegas Sands Corp.	Sell	−28,400	−0.00
≡	JOYY – JOYY, Inc.	Sell	−34,966	−0.00
≡	USB – U.S. Bancorp	Sell	−25,000	−0.00
≡	MO – Altria Group, Inc.	Sell	−21,000	−0.00
≡	MMM – 3M Co.	Sell	−9,224	−0.00
≡	DOW – Dow, Inc.	Sell	−17,331	−0.00
≡	CPA – Copa Holdings SA	Sell	−9,350	−0.00
≡	EBAY – eBay, Inc.	Sell	−15,710	−0.00
≡	GPRK – Geopark, Ltd.	Sell	−76,814	−0.00
≡	PYPL – PayPal Holdings, Inc.	Sell	−14,100	−0.00
≡	AMP – Ameriprise Financial, Inc.	Sell	−1,827	−0.00
≡	MDLZ – Mondelez International, Inc.	Sell	−11,840	−0.00
≡	APD – Air Products & Chemicals, Inc.	Sell	−2,900	−0.00
≡	KSPI – Kaspi.KZ JSC	Sell	−5,526	−0.00
≡	MCO – Moody's Corp.	Sell	−1,566	−0.00
≡	GPC – Genuine Parts Co.	Sell	−4,675	−0.00
≡	IFS – Intercorp Financial Services, Inc.	Sell	−27,010	−0.00
≡	ELV – Elevance Health, Inc.	Sell	−1,100	−0.00
≡	BLK – BlackRock, Inc.	Sell	−750	−0.00
≡	BEKE – KE Holdings, Inc.	Sell	−38,440	−0.00
≡	AFYA – Afya, Ltd.	Sell	−29,183	−0.00
≡	PEP – PepsiCo, Inc.	Sell	−3,075	−0.00
≡	PSX – Phillips 66	Sell	−2,600	−0.00
≡	DLO – Dlocal, Ltd.	Sell	−44,900	−0.00
≡	LMT – Lockheed Martin Corp.	Sell	−775	−0.00
≡	CTAS – Cintas Corp.	Sell	−500	−0.00
≡	PPG – PPG Industries, Inc.	Sell	−2,200	−0.00
≡	RTPPF – Rio Tinto PLC	Sell	−4,000	−0.00
≡	NOAH – Noah Holdings, Ltd.	Sell	−26,840	−0.00
≡	BDX – Becton, Dickinson & Co.	Sell	−980	−0.00
≡	IAU – Intuitive Surgical, Inc.	Sell	−500	−0.00
≡	LOMA – Loma Negra Cia Industrial Argentina SA	Sell	−30,800	−0.00
≡	Qurate Retail, Inc.	Sell	−22,000	−0.00
Q2 2024filed Aug 13, 245 new6 added18 reduced41 exited
≡	WFC – Wells Fargo & Co.	Sell	−115,176,052	−3.87
≡	COF – Capital One Financial Corp.	Sell	−24,382,817	−2.11
≡	UBS – UBS Group AG	Sell	−75,422,942	−1.35
≡	TEL – TE Connectivity, Ltd.	Sell	−15,814,523	−1.33
≡	GS – The Goldman Sachs Group, Inc.	Sell	−5,473,633	−1.33
≡	ZBH – Zimmer Biomet Holdings, Inc.	Sell	−16,419,270	−1.26
≡	UNH – UnitedHealth Group, Inc.	Sell	−3,946,005	−1.13
≡	SU – Suncor Energy, Inc.	Sell	−40,018,854	−0.86
≡	CTSH – Cognizant Technology Solutions Corp.	Sell	−18,498,499	−0.79
≡	JNP – Juniper Networks, Inc.	Sell	−34,259,515	−0.74
≡	CI – The Cigna Group	Reduce 33.00%	−4,275,082	−0.67
≡	GAP – The Gap, Inc.	Sell	−36,133,428	−0.58
≡	TAP – Molson Coors Beverage Co.	Sell	−14,514,739	−0.57
≡	HPE – Hewlett Packard Enterprise Co.	Reduce 98.00%	−47,746,489	−0.49
≡	MCHP – Microchip Technology, Inc.	Sell	−8,688,028	−0.45
≡	XP – XP, Inc.	Sell	−29,685,045	−0.44
≡	VFC – VF Corp.	Sell	−35,430,050	−0.32
≡	TRP – TC Energy Corp.	Sell	−11,860,400	−0.28
≡	OVV – Ovintiv, Inc.	Sell	−8,665,010	−0.26
≡	COHR – Coherent Corp.	Reduce 7.00%	−1,084,769	0.20
≡	TMUS – T-Mobile U.S., Inc.	Reduce 11.00%	−1,213,765	0.19
≡	STT – State Street Corp.	Reduce 32.00%	−6,131,885	−0.17
≡	BAC – Bank of America Corp.	Reduce 14.00%	−10,273,207	0.16
≡	NWSA – News Corp.	Sell	−10,466,332	−0.16
≡	YUMC – Yum China Holdings, Inc.	Sell	−6,719,862	−0.16
≡	NBIX – Neurocrine Biosciences, Inc.	Sell	−1,265,244	−0.10
≡	AEG – Aegon, Ltd.	Reduce 6.00%	−7,126,766	0.08
≡	ITUB – Itau Unibanco Holding SA	Sell	−15,806,905	−0.06
≡	BHFAO – Brighthouse Financial, Inc.	Reduce 23.00%	−2,050,513	−0.05
≡	UNP – Union Pacific Corp.	Sell	−283,191	−0.04
≡	JDCMF – JD.com, Inc.	Reduce 6.00%	−1,451,800	0.04
≡	GE – GE Aerospace	Reduce 11.00%	−1,827,310	−0.02
≡	TGT – Target Corp.	Sell	−117,799	−0.01
≡	WMT – Walmart, Inc.	Sell	−206,860	−0.01
≡	VMC – Vulcan Materials Co.	Sell	−24,700	−0.00
≡	PFE – Pfizer, Inc.	Sell	−116,385	−0.00
≡	OTIS – Otis Worldwide Corp.	Sell	−22,260	−0.00
≡	PH – Parker-Hannifin Corp.	Sell	−2,850	−0.00
≡	VIPS – Vipshop Holdings, Ltd.	Sell	−94,197	−0.00

Hist

Stock

Activity

Share change

% change to portfolio

Q1 2026filed May 14, 26222 exited

≡

SCHW – The Charles Schwab Corp.

Sell

−76,513,926

−4.13

≡

JCI – Johnson Controls International PLC

Sell

−60,382,969

−3.90

≡

RTX – RTX Corp.

Sell

−37,571,811

−3.72

≡

CVS – CVS Health Corp.

Sell

−62,509,988

−2.68

≡

FDX – FedEx Corp.

Sell

−15,582,168

−2.43

≡

MET – MetLife, Inc.

Sell

−52,252,050

−2.23

≡

GOOG – Alphabet, Inc.

Sell

−12,875,798

−2.18

≡

BKNG – Booking Holdings, Inc.

Sell

−732,081

−2.12

≡

MSFT – Microsoft Corp.

Sell

−7,441,750

−1.94

≡

REGN – Regeneron Pharmaceuticals, Inc.

Sell

−4,596,358

−1.92

≡

AMZN – Amazon.com, Inc.

Sell

−15,230,394

−1.90

≡

GOOGL – Alphabet, Inc.

Sell

−10,833,118

−1.83

≡

TEL – TE Connectivity PLC

Sell

−14,873,850

−1.83

≡

CMCSA – Comcast Corp.

Sell

−112,967,514

−1.82

≡

GSK – GSK PLC

Sell

−68,517,969

−1.81

≡

FISV – Fiserv, Inc.

Sell

−49,474,622

−1.79

≡

META – Meta Platforms, Inc.

Sell

−5,019,837

−1.79

≡

OXY – Occidental Petroleum Corp.

Sell

−79,473,071

−1.76

≡

FIS – Fidelity National Information Services, Inc.

Sell

−49,113,297

−1.76

≡

GILD – Gilead Sciences, Inc.

Sell

−26,283,511

−1.74

≡

CI – The Cigna Group

Sell

−11,138,614

−1.65

≡

CHTR – Charter Communications, Inc.

Sell

−14,609,220

−1.65

≡

UNH – UnitedHealth Group, Inc.

Sell

−9,172,769

−1.63

≡

WFC – Wells Fargo & Co.

Sell

−32,311,711

−1.63

≡

BK – The Bank of New York Mellon Corp.

Sell

−25,811,239

−1.62

≡

HUM – Humana, Inc.

Sell

−11,290,435

−1.56

≡

NSC – Norfolk Southern Corp.

Sell

−9,623,885

−1.50

≡

AON – Aon PLC

Sell

−7,852,456

−1.50

≡

SNY – Sanofi SA

Sell

−56,492,599

−1.48

≡

GEHC – GE HealthCare Technologies, Inc.

Sell

−31,211,229

−1.38

≡

IFF – International Flavors & Fragrances, Inc.

Sell

−36,401,042

−1.32

≡

FTV – Fortive Corp.

Sell

−44,157,822

−1.32

≡

SBAC – SBA Communications Corp.

Sell

−11,996,134

−1.25

≡

APD – Air Products & Chemicals, Inc.

Sell

−9,236,610

−1.23

≡

WTW – Willis Towers Watson PLC

Sell

−6,925,525

−1.23

≡

COF – Capital One Financial Corp.

Sell

−9,163,067

−1.20

≡

BUD – Anheuser-Busch InBev SA/NV

Sell

−33,113,431

−1.14

≡

ZBH – Zimmer Biomet Holdings, Inc.

Sell

−23,506,849

−1.14

≡

BN – Brookfield Corp.

Sell

−41,280,320

−1.02

≡

BKR – Baker Hughes Co.

Sell

−40,759,438

−1.00

≡

SUI – Sun Communities, Inc.

Sell

−14,491,865

−0.97

≡

ELAN – Elanco Animal Health, Inc.

Sell

−79,084,305

−0.97

≡

GE – GE Aerospace

Sell

−5,191,577

−0.86

≡

UBS – UBS Group AG

Sell

−33,665,342

−0.84

≡

HLN – Haleon PLC

Sell

−151,755,452

−0.83

≡

GS – The Goldman Sachs Group, Inc.

Sell

−1,709,674

−0.81

≡

BABA – Alibaba Group Holding, Ltd.

Sell

−10,016,870

−0.79

≡

LPLA – LPL Financial Holdings, Inc.

Sell

−3,948,970

−0.76

≡

AVTR – Avantor, Inc.

Sell

−117,065,143

−0.72

≡

INCY – Incyte Corp.

Sell

−13,261,742

−0.71

≡

D – Dominion Energy, Inc.

Sell

−22,149,918

−0.70

≡

TMUS – T-Mobile U.S., Inc.

Sell

−6,185,972

−0.68

≡

CTSH – Cognizant Technology Solutions Corp.

Sell

−14,983,337

−0.67

≡

NVS – Novartis AG

Sell

−9,014,641

−0.67

≡

SU – Suncor Energy, Inc.

Sell

−27,257,754

−0.65

≡

CPNG – Coupang, Inc.

Sell

−49,233,320

−0.63

≡

BAP – Credicorp, Ltd.

Sell

−3,870,940

−0.60

≡

BAX – Baxter International, Inc.

Sell

−56,999,970

−0.59

≡

AEP – American Electric Power Co., Inc.

Sell

−9,342,540

−0.58

≡

ADM – Archer-Daniels-Midland Co.

Sell

−17,084,645

−0.53

≡

CX – Cemex SAB de CV

Sell

−84,794,670

−0.53

≡

COP – ConocoPhillips

Sell

−10,290,169

−0.52

≡

TAP – Molson Coors Beverage Co.

Sell

−18,610,924

−0.47

≡

BMRN – BioMarin Pharmaceutical, Inc.

Sell

−14,572,384

−0.47

≡

TDY – Teledyne Technologies, Inc.

Sell

−1,685,340

−0.46

≡

FOXA – Fox Corp.

Sell

−11,613,443

−0.46

≡

TRU – TransUnion

Sell

−9,842,006

−0.46

≡

NBIX – Neurocrine Biosciences, Inc.

Sell

−5,508,042

−0.42

≡

ALNY – Alnylam Pharmaceuticals, Inc.

Sell

−1,964,415

−0.42

≡

HPQ – HP, Inc.

Sell

−34,503,131

−0.41

≡

ADBE – Adobe, Inc.

Sell

−2,164,475

−0.41

≡

MDT – Medtronic PLC

Sell

−7,738,043

−0.40

≡

VFC – VF Corp.

Sell

−40,679,850

−0.40

≡

LYB – LyondellBasell Industries NV

Sell

−16,879,077

−0.39

≡

CARR – Carrier Global Corp.

Sell

−13,421,292

−0.38

≡

CE – Celanese Corp.

Sell

−15,304,050

−0.35

≡

RAL – Ralliant Corp.

Sell

−12,214,679

−0.34

≡

STT – State Street Corp.

Sell

−4,744,154

−0.33

≡

GLPI – Gaming & Leisure Properties, Inc.

Sell

−13,589,962

−0.33

≡

LIN – Linde PLC

Sell

−1,329,590

−0.31

≡

XP – XP, Inc.

Sell

−33,960,545

−0.30

≡

AEG – Aegon, Ltd.

Sell

−70,522,831

−0.29

≡

TRP – TC Energy Corp.

Sell

−9,294,300

−0.28

≡

PDD – PDD Holdings, Inc.

Sell

−4,439,800

−0.27

≡

FOX – Fox Corp.

Sell

−7,257,827

−0.25

≡

TIGO – Millicom International Cellular SA

Sell

−8,133,132

−0.24

≡

YUMC – Yum China Holdings, Inc.

Sell

−8,553,962

−0.22

≡

MCHP – Microchip Technology, Inc.

Sell

−6,187,474

−0.21

≡

BMY – Bristol-Myers Squibb Co.

Sell

−7,078,250

−0.21

≡

JD – JD.com, Inc.

Sell

−12,194,648

−0.19

≡

BNTX – BioNTech SE

Sell

−3,614,491

−0.19

≡

NWSA – News Corp.

Sell

−12,449,295

−0.18

≡

NTES – NetEase, Inc.

Sell

−2,154,376

−0.16

≡

AMRZ – Amrize, Ltd.

Sell

−5,385,441

−0.16

≡

AJG – Arthur J Gallagher & Co.

Sell

−880,585

−0.12

≡

IEX – IDEX Corp.

Sell

−1,262,550

−0.12

≡

HDB – HDFC Bank, Ltd.

Sell

−5,501,800

−0.11

≡

ITUB – Itau Unibanco Holding SA

Sell

−19,120,110

−0.07

≡

FLUT – Flutter Entertainment PLC

Sell

−628,878

−0.07

≡

COHR – Coherent Corp.

Sell

−669,855

−0.07

≡

BAC – Bank of America Corp.

Sell

−2,009,022

−0.06

≡

AXP – American Express Co.

Sell

−292,549

−0.06

≡

FMS – Fresenius Medical Care AG

Sell

−3,826,910

−0.05

≡

GEV – GE Vernova, Inc.

Sell

−138,214

−0.05

≡

CDNS – Cadence Design Systems, Inc.

Sell

−237,363

−0.04

≡

LBTYA – Liberty Global, Ltd.

Sell

−6,682,068

−0.04

≡

FCNCA – First Citizens BancShares, Inc.

Sell

−31,566

−0.04

≡

UNP – Union Pacific Corp.

Sell

−263,116

−0.03

≡

WMB – The Williams Co., Inc.

Sell

−1,000,892

−0.03

≡

LBTYA – Liberty Global, Ltd.

Sell

−4,481,061

−0.03

≡

LLY – Eli Lilly & Co.

Sell

−42,492

−0.02

≡

JPM – JPMorgan Chase & Co.

Sell

−124,405

−0.02

≡

TSM – Taiwan Semiconductor Manufacturing Co., Ltd.

Sell

−107,800

−0.02

≡

CVX – Chevron Corp.

Sell

−212,714

−0.02

≡

DIS – The Walt Disney Co.

Sell

−270,339

−0.02

≡

NESR – National Energy Services Reunited Corp.

Sell

−1,929,094

−0.02

≡

TRV – The Travelers Co., Inc.

Sell

−94,782

−0.01

≡

CAT – Caterpillar, Inc.

Sell

−40,724

−0.01

≡

WMT – Walmart, Inc.

Sell

−179,535

−0.01

≡

TMO – Thermo Fisher Scientific, Inc.

Sell

−25,741

−0.01

≡

MRK – Merck & Co., Inc.

Sell

−138,205

−0.01

≡

KSPI – Kaspi.KZ JSC

Sell

−183,726

−0.01

≡

IBM – International Business Machines Corp.

Sell

−46,702

−0.01

≡

PG – The Procter & Gamble Co.

Sell

−90,831

−0.01

≡

CSCO – Cisco Systems, Inc.

Sell

−163,114

−0.01

≡

AZN – AstraZeneca PLC

Sell

−121,043

−0.01

≡

TGT – Target Corp.

Sell

−98,129

−0.01

≡

XOM – Exxon Mobil Corp.

Sell

−74,493

−0.00

≡

AAPL – Apple, Inc.

Sell

−31,807

−0.00

≡

BSX – Boston Scientific Corp.

Sell

−88,885

−0.00

≡

HD – The Home Depot, Inc.

Sell

−23,247

−0.00

≡

AVGO – Broadcom, Inc.

Sell

−20,580

−0.00

≡

VMC – Vulcan Materials Co.

Sell

−24,000

−0.00

≡

SLB – SLB, Ltd.

Sell

−176,849

−0.00

≡

DE – Deere & Co.

Sell

−12,626

−0.00

≡

BRK.B – Berkshire Hathaway, Inc.

Sell

−11,440

−0.00

≡

ADI – Analog Devices, Inc.

Sell

−20,775

−0.00

≡

SNPS – Synopsys, Inc.

Sell

−10,200

−0.00

≡

ACMR – ACM Research, Inc.

Sell

−112,392

−0.00

≡

AMGN – Amgen, Inc.

Sell

−13,367

−0.00

≡

JNJ – Johnson & Johnson

Sell

−20,947

−0.00

≡

MSI – Motorola Solutions, Inc.

Sell

−11,255

−0.00

≡

SHEL – Shell PLC

Sell

−55,194

−0.00

≡

DHR – Danaher Corp.

Sell

−16,450

−0.00

≡

SATS – EchoStar Corp.

Sell

−32,443

−0.00

≡

GLW – Corning, Inc.

Sell

−36,850

−0.00

≡

JOYY – JOYY, Inc.

Sell

−49,606

−0.00

≡

BRK.B – Berkshire Hathaway, Inc.

Sell

−4

−0.00

≡

PNC – The PNC Financial Services Group, Inc.

Sell

−14,000

−0.00

≡

SPGI – S&P Global, Inc.

Sell

−5,400

−0.00

≡

MELI – MercadoLibre, Inc.

Sell

−1,392

−0.00

≡

PM – Philip Morris International, Inc.

Sell

−17,000

−0.00

≡

DELL – Dell Technologies, Inc.

Sell

−19,180

−0.00

≡

ABBV – AbbVie, Inc.

Sell

−10,393

−0.00

≡

PFE – Pfizer, Inc.

Sell

−90,364

−0.00

≡

PH – Parker-Hannifin Corp.

Sell

−2,500

−0.00

≡

VIPS – Vipshop Holdings, Ltd.

Sell

−124,197

−0.00

≡

ABT – Abbott Laboratories

Sell

−17,324

−0.00

≡

BIDU – Baidu, Inc.

Sell

−16,530

−0.00

≡

HPE – Hewlett Packard Enterprise Co.

Sell

−86,454

−0.00

≡

MCD – McDonald's Corp.

Sell

−6,475

−0.00

≡

NEE – NextEra Energy, Inc.

Sell

−23,600

−0.00

≡

LVS – Las Vegas Sands Corp.

Sell

−28,186

−0.00

≡

KO – The Coca-Cola Co.

Sell

−24,000

−0.00

≡

HON – Honeywell International, Inc.

Sell

−8,019

−0.00

≡

OTIS – Otis Worldwide Corp.

Sell

−16,010

−0.00

≡

TCOM – Trip.com Group, Ltd.

Sell

−19,250

−0.00

≡

CTVA – Corteva, Inc.

Sell

−20,527

−0.00

≡

MMM – 3M Co.

Sell

−7,676

−0.00

≡

MO – Altria Group, Inc.

Sell

−21,000

−0.00

≡

KARO – Karooooo, Ltd.

Sell

−24,423

−0.00

≡

EBAY – eBay, Inc.

Sell

−12,750

−0.00

≡

ATAT – Atour Lifestyle Holdings, Ltd.

Sell

−28,152

−0.00

≡

CL – Colgate-Palmolive Co.

Sell

−14,000

−0.00

≡

ZH – Zhihu, Inc.

Sell

−319,164

−0.00

≡

NUE – Nucor Corp.

Sell

−6,200

−0.00

≡

DEO – Diageo PLC

Sell

−11,077

−0.00

≡

TFC – Truist Financial Corp.

Sell

−19,151

−0.00

≡

ARCO – Arcos Dorados Holdings, Inc.

Sell

−112,966

−0.00

≡

CIB – Grupo Cibest SA

Sell

−12,046

−0.00

≡

BLK – Blackrock, Inc.

Sell

−711

−0.00

≡

PSMT – PriceSmart, Inc.

Sell

−6,156

−0.00

≡

IFS – Intercorp Financial Services, Inc.

Sell

−17,391

−0.00

≡

AMP – Ameriprise Financial, Inc.

Sell

−1,500

−0.00

≡

ABEV – Ambev SA

Sell

−296,300

−0.00

≡

GPRK – Geopark, Ltd.

Sell

−93,045

−0.00

≡

MDLZ – Mondelez International, Inc.

Sell

−11,840

−0.00

≡

NVDA – NVIDIA Corp.

Sell

−3,400

−0.00

≡

MCO – Moody's Corp.

Sell

−1,213

−0.00

≡

Q – Qnity Electronics, Inc.

Sell

−7,503

−0.00

≡

DD – DuPont de Nemours, Inc.

Sell

−14,843

−0.00

≡

GPC – Genuine Parts Co.

Sell

−4,650

−0.00

≡

LOMA – Loma Negra Cia Industrial Argentina SA

Sell

−43,482

−0.00

≡

APA – APA Corp.

Sell

−22,500

−0.00

≡

GTMAY – Grupo Aeroportuario del Sureste SAB de CV

Sell

−1,700

−0.00

≡

AFYA – Afya, Ltd.

Sell

−35,387

−0.00

≡

ALL – The Allstate Corp.

Sell

−2,595

−0.00

≡

LAUR – Laureate Education, Inc.

Sell

−15,700

−0.00

≡

GIS – General Mills, Inc.

Sell

−11,200

−0.00

≡

DLO – Dlocal, Ltd.

Sell

−36,700

−0.00

≡

LYV – Live Nation Entertainment, Inc.

Sell

−3,500

−0.00

≡

CPA – Copa Holdings SA

Sell

−3,950

−0.00

≡

ELV – Elevance Health, Inc.

Sell

−1,300

−0.00

≡

PEP – PepsiCo, Inc.

Sell

−3,075

−0.00

≡

VOO – Vanguard S&P 500 ETF

Sell

−600

−0.00

≡

LMT – Lockheed Martin Corp.

Sell

−775

−0.00

≡

PBR – Petroleo Brasileiro SA - Petrobras

Sell

−31,200

−0.00

≡

UL – Unilever PLC

Sell

−5,244

−0.00

≡

CTAS – Cintas Corp.

Sell

−1,800

−0.00

≡

PAX – Patria Investments, Ltd.

Sell

−21,200

−0.00

≡

PSX – Phillips 66

Sell

−2,600

−0.00

≡

V – Visa, Inc.

Sell

−859

−0.00

≡

INTU – Intuitive Surgical, Inc.

Sell

−500

−0.00

≡

MGM – MGM Resorts International

Sell

−7,500

−0.00

≡

PYPL – PayPal Holdings, Inc.

Sell

−4,475

−0.00

≡

JBS – JBS NV

Sell

−16,950

−0.00

≡

RIO – Rio Tinto PLC

Sell

−3,000

−0.00

≡

DOW – Dow, Inc.

Sell

−9,713

−0.00

≡

CB – Chubb, Ltd.

Sell

−722

−0.00

≡

PPG – PPG Industries, Inc.

Sell

−2,200

−0.00

≡

VZ – Verizon Communications, Inc.

Sell

−5,500

−0.00

≡

CIG – Cia Energetica de Minas Gerais

Sell

−15,000

−0.00

Q4 2025filed Feb 13, 2613 new22 added62 reduced10 exited

≡

SATS – EchoStar Corp.

Reduce 100.00%

−11,758,684

−0.48

≡

BK – The Bank of New York Mellon Corp.

Reduce 26.00%

−9,031,705

−0.43

≡

BAC – Bank of America Corp.

Reduce 87.00%

−13,337,999

−0.37

≡

GOOG – Alphabet, Inc.

Reduce 8.00%

−1,116,939

0.34

≡

BIDU – Baidu, Inc.

Reduce 100.00%

−4,387,885

−0.31

≡

CVS – CVS Health Corp.

Reduce 15.00%

−10,666,598

−0.30

≡

SNY – Sanofi SA

Reduce 18.00%

−12,439,148

−0.28

≡

BABA – Alibaba Group Holding, Ltd.

Reduce 9.00%

−958,500

−0.27

≡

NSC – Norfolk Southern Corp.

Reduce 11.00%

−1,250,364

−0.26

≡

COF – Capital One Financial Corp.

Reduce 24.00%

−2,944,850

−0.19

≡

TECK – Teck Resources, Ltd.

Sell

−7,871,440

−0.19

≡

JD – JD.com, Inc.

Reduce 35.00%

−6,597,601

−0.17

≡

BKR – Baker Hughes Co.

Reduce 7.00%

−3,294,050

−0.16

≡

GE – GE Aerospace

Reduce 17.00%

−1,080,045

−0.15

≡

SCHW – The Charles Schwab Corp.

Reduce 8.00%

−6,529,327

−0.15

≡

ALNY – Alnylam Pharmaceuticals, Inc.

Reduce 15.00%

−356,815

−0.15

≡

GS – The Goldman Sachs Group, Inc.

Reduce 23.00%

−498,951

−0.14

≡

WFC – Wells Fargo & Co.

Reduce 17.00%

−6,576,214

−0.13

≡

UBS – UBS Group AG

Reduce 21.00%

−8,976,100

−0.11

≡

BAP – Credicorp, Ltd.

Reduce 21.00%

−1,028,775

−0.10

≡

RTX – RTX Corp.

Reduce 6.00%

−2,527,555

0.10

≡

STT – State Street Corp.

Reduce 30.00%

−2,051,020

−0.09

≡

JCI – Johnson Controls International PLC

Reduce 6.00%

−3,827,676

0.09

≡

TV – Grupo Televisa SAB

Sell

−64,208,690

−0.09

≡

CTSH – Cognizant Technology Solutions Corp.

Reduce 8.00%

−1,218,305

0.08

≡

AEG – Aegon, Ltd.

Reduce 18.00%

−15,260,674

−0.08

≡

TEL – TE Connectivity PLC

Reduce 7.00%

−1,165,904

−0.07

≡

GILD – Gilead Sciences, Inc.

Reduce 13.00%

−3,849,620

−0.06

≡

GAP – The Gap, Inc.

Sell

−5,429,526

−0.06

≡

NVS – Novartis AG

Reduce 15.00%

−1,570,504

−0.06

≡

CX – Cemex SAB de CV

Reduce 12.00%

−11,939,700

0.06

≡

AMZN – Amazon.com, Inc.

Reduce 7.00%

−1,065,936

−0.03

≡

BUD – Anheuser-Busch InBev SA/NV

Reduce 9.00%

−3,432,790

−0.03

≡

NTES – NetEase, Inc.

Reduce 6.00%

−138,200

−0.03

≡

COHR – Coherent Corp.

Reduce 10.00%

−75,024

0.02

≡

GSK – GSK PLC

Reduce 13.00%

−9,885,765

−0.01

≡

JPM – JPMorgan Chase & Co.

Reduce 36.00%

−70,250

−0.01

≡

FOXA – Fox Corp.

Reduce 12.00%

−1,538,526

0.01

≡

AMRZ – Amrize, Ltd.

Reduce 7.00%

−401,100

0.01

≡

HDB – HDFC Bank, Ltd.

Reduce 11.00%

−713,000

−0.01

≡

WMB – The Williams Co., Inc.

Reduce 10.00%

−114,630

−0.01

≡

SLB – SLB, Ltd.

Reduce 63.00%

−299,410

−0.01

≡

NESR – National Energy Services Reunited Corp.

Reduce 14.00%

−326,800

0.00

≡

AXP – American Express Co.

Reduce 15.00%

−52,943

−0.00

≡

LBTYA – Liberty Global, Ltd.

Reduce 6.00%

−286,500

−0.00

≡

GEV – GE Vernova, Inc.

Reduce 10.00%

−15,526

−0.00

≡

CSCO – Cisco Systems, Inc.

Reduce 25.00%

−54,675

−0.00

≡

DIS – The Walt Disney Co.

Reduce 6.00%

−17,788

−0.00

≡

ADI – Analog Devices, Inc.

Reduce 33.00%

−10,030

−0.00

≡

MRK – Merck & Co., Inc.

Reduce 10.00%

−16,070

0.00

≡

UNLYF – Unilever PLC

Sell

−23,900

−0.00

≡

DELL – Dell Technologies, Inc.

Reduce 19.00%

−4,450

−0.00

≡

TRV – The Travelers Co., Inc.

Reduce 6.00%

−6,183

−0.00

≡

CIB – Grupo Cibest SA

Sell

−12,046

−0.00

≡

SNPS – Synopsys, Inc.

Reduce 6.00%

−700

−0.00

≡

AZN – AstraZeneca PLC

Reduce 12.00%

−16,445

0.00

≡

MGRE – Affiliated Managers Group, Inc.

Sell

−2,400

−0.00

≡

ACMR – ACM Research, Inc.

Reduce 9.00%

−10,500

−0.00

≡

HAL – Halliburton Co.

Sell

−14,700

−0.00

≡

APA – APA Corp.

Reduce 36.00%

−12,700

−0.00

≡

LOMA – Loma Negra Cia Industrial Argentina SA

Sell

−36,400

−0.00

≡

LYV – Live Nation Entertainment, Inc.

Reduce 22.00%

−1,000

−0.00

≡

IAU – Intuitive Surgical, Inc.

Sell

−500

−0.00

≡

ZTS – Zoetis, Inc.

Sell

−1,500

−0.00

≡

EBAY – eBay, Inc.

Reduce 9.00%

−1,300

−0.00

≡

MCO – Moody's Corp.

Reduce 23.00%

−353

−0.00

≡

MGM – MGM Resorts International

Reduce 29.00%

−3,000

−0.00

≡

TGT – Target Corp.

Reduce 7.00%

−7,950

0.00

≡

GLW – Corning, Inc.

Reduce 8.00%

−3,050

−0.00

≡

DOW – Dow, Inc.

Reduce 17.00%

−1,998

−0.00

≡

VOO – Vanguard S&P 500 ETF

Reduce 8.00%

−50

−0.00

≡

TFC – Truist Financial Corp.

Reduce 8.00%

−1,760

−0.00

Q3 2024filed Nov 13, 24163 exited

≡

SCHW – The Charles Schwab Corp.

Sell

−85,787,053

−4.52

≡

JCI – Johnson Controls International PLC

Sell

−85,272,989

−4.05

≡

GOOG – Alphabet, Inc.

Sell

−29,421,485

−3.86

≡

FISV – Fiserv, Inc.

Sell

−34,371,378

−3.66

≡

OXY – Occidental Petroleum Corp.

Sell

−78,361,008

−3.53

≡

RTX – RTX Corp.

Sell

−44,284,541

−3.18

≡

MSFT – Microsoft Corp.

Sell

−9,414,281

−3.01

≡

FDX – FedEx Corp.

Sell

−13,394,616

−2.87

≡

MET – MetLife, Inc.

Sell

−56,353,281

−2.83

≡

SNYNF – Sanofi SA

Sell

−77,109,633

−2.68

≡

CVS – CVS Health Corp.

Sell

−61,683,343

−2.61

≡

CHTR – Charter Communications, Inc.

Sell

−11,681,107

−2.50

≡

AMZN – Amazon.com, Inc.

Sell

−17,334,351

−2.40

≡

BK – The Bank of New York Mellon Corp.

Sell

−54,771,782

−2.35

≡

BKNG – Booking Holdings, Inc.

Sell

−789,804

−2.24

≡

FIS – Fidelity National Information Services, Inc.

Sell

−41,435,311

−2.23

≡

CI – The Cigna Group

Sell

−8,852,809

−2.09

≡

CMCSA – Comcast Corp.

Sell

−72,739,344

−2.04

≡

IFF – International Flavors & Fragrances, Inc.

Sell

−28,206,607

−1.92

≡

GLAXF – GSK PLC

Sell

−68,337,138

−1.88

≡

REGN – Regeneron Pharmaceuticals, Inc.

Sell

−2,315,686

−1.74

≡

BAC – Bank of America Corp.

Sell

−60,616,153

−1.72

≡

NSC – Norfolk Southern Corp.

Sell

−10,794,867

−1.66

≡

GE – GE Aerospace

Sell

−14,312,511

−1.63

≡

GILD – Gilead Sciences, Inc.

Sell

−33,122,337

−1.63

≡

GOOGL – Alphabet, Inc.

Sell

−12,202,672

−1.59

≡

TFC – Truist Financial Corp.

Sell

−51,665,856

−1.44

≡

META – Meta Platforms, Inc.

Sell

−3,829,095

−1.38

≡

BUDFF – Anheuser-Busch InBev SA/NV

Sell

−31,470,885

−1.31

≡

TMUS – T-Mobile U.S., Inc.

Sell

−9,827,889

−1.24

≡

BKR – Baker Hughes Co.

Sell

−46,058,888

−1.16

≡

HUM – Humana, Inc.

Sell

−4,308,536

−1.15

≡

WMB – The Williams Co., Inc.

Sell

−37,547,551

−1.14

≡

LYB – LyondellBasell Industries NV

Sell

−16,158,867

−1.11

≡

HLNCF – Haleon PLC

Sell

−180,170,635

−1.06

≡

AVTR – Avantor, Inc.

Sell

−65,364,190

−0.99

≡

COP – ConocoPhillips

Sell

−11,475,600

−0.94

≡

NVSEF – Novartis AG

Sell

−12,236,526

−0.93

≡

GEHC – GE HealthCare Technologies, Inc.

Sell

−16,713,150

−0.93

≡

BABA – Alibaba Group Holding, Ltd.

Sell

−18,034,070

−0.93

≡

HPQ – HP, Inc.

Sell

−35,098,525

−0.88

≡

ELAN – Elanco Animal Health, Inc.

Sell

−83,583,150

−0.86

≡

BMRN – BioMarin Pharmaceutical, Inc.

Sell

−13,930,493

−0.82

≡

CSCO – Cisco Systems, Inc.

Sell

−23,912,097

−0.81

≡

D – Dominion Energy, Inc.

Sell

−22,812,448

−0.80

≡

AEP – American Electric Power Co., Inc.

Sell

−11,831,805

−0.74

≡

COHR – Coherent Corp.

Sell

−14,013,619

−0.73

≡

FOXA – Fox Corp.

Sell

−28,594,326

−0.70

≡

STT – State Street Corp.

Sell

−12,914,714

−0.68

≡

INCY – Incyte Corp.

Sell

−15,279,343

−0.66

≡

BAX – Baxter International, Inc.

Sell

−27,522,745

−0.66

≡

ALNY – Alnylam Pharmaceuticals, Inc.

Sell

−3,780,185

−0.66

≡

CE – Celanese Corp.

Sell

−6,808,019

−0.66

≡

CARR – Carrier Global Corp.

Sell

−14,367,024

−0.65

≡

BAP – Credicorp, Ltd.

Sell

−5,474,280

−0.63

≡

AEG – Aegon, Ltd.

Sell

−118,143,251

−0.52

≡

HMC – Honda Motor Co., Ltd.

Sell

−22,135,475

−0.51

≡

SUI – Sun Communities, Inc.

Sell

−5,576,740

−0.48

≡

BMY – Bristol-Myers Squibb Co.

Sell

−15,766,898

−0.47

≡

NTR – Nutrien, Ltd.

Sell

−12,199,059

−0.44

≡

OXY – Occidental Petroleum Corp.

Sell

−14,270,270

−0.42

≡

LIN – Linde PLC

Sell

−1,326,990

−0.42

≡

JDCMF – JD.com, Inc.

Sell

−22,479,249

−0.42

≡

MDT – Medtronic PLC

Sell

−6,791,555

−0.38

≡

BAIDF – Baidu, Inc.

Sell

−5,883,215

−0.36

≡

TECK – Teck Resources, Ltd.

Sell

−10,554,840

−0.36

≡

FOX – Fox Corp.

Sell

−11,366,057

−0.26

≡

GLPI – Gaming & Leisure Properties, Inc.

Sell

−6,524,863

−0.21

≡

BHFAO – Brighthouse Financial, Inc.

Sell

−6,688,783

−0.21

≡

CPNG – Coupang, Inc.

Sell

−12,114,152

−0.18

≡

SATS – EchoStar Corp.

Sell

−13,564,286

−0.17

≡

TV – Grupo Televisa SAB

Sell

−64,212,690

−0.13

≡

LBTYA – Liberty Global, Ltd.

Sell

−8,786,768

−0.11

≡

HDB – HDFC Bank, Ltd.

Sell

−2,364,300

−0.11

≡

FLUT – Flutter Entertainment PLC

Sell

−624,478

−0.08

≡

NETTF – NetEase, Inc.

Sell

−1,080,952

−0.07

≡

AXP – American Express Co.

Sell

−416,269

−0.07

≡

LBTYA – Liberty Global, Ltd.

Sell

−4,767,561

−0.06

≡

FMCQF – Fresenius Medical Care AG

Sell

−4,223,110

−0.06

≡

CDNS – Cadence Design Systems, Inc.

Sell

−261,118

−0.06

≡

JPM – JPMorgan Chase & Co.

Sell

−307,915

−0.04

≡

LLY – Eli Lilly & Co.

Sell

−45,978

−0.03

≡

SLB – Schlumberger NV

Sell

−670,479

−0.02

≡

GEV – GE Vernova, Inc.

Sell

−182,865

−0.02

≡

DIS – The Walt Disney Co.

Sell

−305,856

−0.02

≡

CVX – Chevron Corp.

Sell

−184,453

−0.02

≡

TRV – The Travelers Co., Inc.

Sell

−112,870

−0.02

≡

MRK – Merck & Co., Inc.

Sell

−158,876

−0.01

≡

HPE – Hewlett Packard Enterprise Co.

Sell

−747,383

−0.01

≡

PG – The Procter & Gamble Co.

Sell

−94,903

−0.01

≡

TSM – Taiwan Semiconductor Manufacturing Co., Ltd.

Sell

−86,500

−0.01

≡

TMO – Thermo Fisher Scientific, Inc.

Sell

−26,791

−0.01

≡

CAT – Caterpillar, Inc.

Sell

−42,276

−0.01

≡

ADBE – Adobe, Inc.

Sell

−21,602

−0.01

≡

AZNCF – AstraZeneca PLC

Sell

−149,785

−0.01

≡

XOM – Exxon Mobil Corp.

Sell

−79,812

−0.01

≡

HD – The Home Depot, Inc.

Sell

−24,482

−0.01

≡

BSX – Boston Scientific Corp.

Sell

−97,095

−0.01

≡

ADI – Analog Devices, Inc.

Sell

−31,815

−0.01

≡

HESM – Hess Corp.

Sell

−46,550

−0.00

≡

SNPS – Synopsys, Inc.

Sell

−11,450

−0.00

≡

AVGO – Broadcom, Inc.

Sell

−3,808

−0.00

≡

INTR – International Business Machines Corp.

Sell

−34,270

−0.00

≡

DELL – Dell Technologies, Inc.

Sell

−38,400

−0.00

≡

BRK-B – Berkshire Hathaway, Inc.

Sell

−12,703

−0.00

≡

AAPL – Apple, Inc.

Sell

−24,318

−0.00

≡

DE – Deere & Co.

Sell

−13,036

−0.00

≡

AMGN – Amgen, Inc.

Sell

−14,382

−0.00

≡

RYDAF – Shell PLC

Sell

−57,713

−0.00

≡

DHR – Danaher Corp.

Sell

−16,525

−0.00

≡

CXMSF – Cemex SAB de CV

Sell

−644,700

−0.00

≡

MSI – Motorola Solutions, Inc.

Sell

−8,627

−0.00

≡

JNJ – Johnson & Johnson

Sell

−21,097

−0.00

≡

HAL – Halliburton Co.

Sell

−87,202

−0.00

≡

BRK-B – Berkshire Hathaway, Inc.

Sell

−4

−0.00

≡

SPGI – S&P Global, Inc.

Sell

−5,400

−0.00

≡

PNC – The PNC Financial Services Group, Inc.

Sell

−14,275

−0.00

≡

APA – APA Corp.

Sell

−72,850

−0.00

≡

AOSL – Alpha & Omega Semiconductor, Ltd.

Sell

−50,694

−0.00

≡

ABBV – AbbVie, Inc.

Sell

−11,006

−0.00

≡

GLW – Corning, Inc.

Sell

−48,150

−0.00

≡

ABT – Abbott Laboratories

Sell

−17,857

−0.00

≡

HON – Honeywell International, Inc.

Sell

−8,019

−0.00

≡

DGEAF – Diageo PLC

Sell

−13,511

−0.00

≡

MCD – McDonald's Corp.

Sell

−6,550

−0.00

≡

KO – The Coca-Cola Co.

Sell

−24,635

−0.00

≡

TRPCF – Trip.com Group, Ltd.

Sell

−30,400

−0.00

≡

DD – DuPont de Nemours, Inc.

Sell

−17,583

−0.00

≡

CTVA – Corteva, Inc.

Sell

−25,648

−0.00

≡

CL – Colgate-Palmolive Co.

Sell

−14,000

−0.00

≡

LVS – Las Vegas Sands Corp.

Sell

−28,400

−0.00

≡

JOYY – JOYY, Inc.

Sell

−34,966

−0.00

≡

USB – U.S. Bancorp

Sell

−25,000

−0.00

≡

MO – Altria Group, Inc.

Sell

−21,000

−0.00

≡

MMM – 3M Co.

Sell

−9,224

−0.00

≡

DOW – Dow, Inc.

Sell

−17,331

−0.00

≡

CPA – Copa Holdings SA

Sell

−9,350

−0.00

≡

EBAY – eBay, Inc.

Sell

−15,710

−0.00

≡

GPRK – Geopark, Ltd.

Sell

−76,814

−0.00

≡

PYPL – PayPal Holdings, Inc.

Sell

−14,100

−0.00

≡

AMP – Ameriprise Financial, Inc.

Sell

−1,827

−0.00

≡

MDLZ – Mondelez International, Inc.

Sell

−11,840

−0.00

≡

APD – Air Products & Chemicals, Inc.

Sell

−2,900

−0.00

≡

KSPI – Kaspi.KZ JSC

Sell

−5,526

−0.00

≡

MCO – Moody's Corp.

Sell

−1,566

−0.00

≡

GPC – Genuine Parts Co.

Sell

−4,675

−0.00

≡

IFS – Intercorp Financial Services, Inc.

Sell

−27,010

−0.00

≡

ELV – Elevance Health, Inc.

Sell

−1,100

−0.00

≡

BLK – BlackRock, Inc.

Sell

−750

−0.00

≡

BEKE – KE Holdings, Inc.

Sell

−38,440

−0.00

≡

AFYA – Afya, Ltd.

Sell

−29,183

−0.00

≡

PEP – PepsiCo, Inc.

Sell

−3,075

−0.00

≡

PSX – Phillips 66

Sell

−2,600

−0.00

≡

DLO – Dlocal, Ltd.

Sell

−44,900

−0.00

≡

LMT – Lockheed Martin Corp.

Sell

−775

−0.00

≡

CTAS – Cintas Corp.

Sell

−500

−0.00

≡

PPG – PPG Industries, Inc.

Sell

−2,200

−0.00

≡

RTPPF – Rio Tinto PLC

Sell

−4,000

−0.00

≡

NOAH – Noah Holdings, Ltd.

Sell

−26,840

−0.00

≡

BDX – Becton, Dickinson & Co.

Sell

−980

−0.00

≡

IAU – Intuitive Surgical, Inc.

Sell

−500

−0.00

≡

LOMA – Loma Negra Cia Industrial Argentina SA

Sell

−30,800

−0.00

≡

Qurate Retail, Inc.

Sell

−22,000

−0.00

Q2 2024filed Aug 13, 245 new6 added18 reduced41 exited

≡

WFC – Wells Fargo & Co.

Sell

−115,176,052

−3.87

≡

COF – Capital One Financial Corp.

Sell

−24,382,817

−2.11

≡

UBS – UBS Group AG

Sell

−75,422,942

−1.35

≡

TEL – TE Connectivity, Ltd.

Sell

−15,814,523

−1.33

≡

GS – The Goldman Sachs Group, Inc.

Sell

−5,473,633

−1.33

≡

ZBH – Zimmer Biomet Holdings, Inc.

Sell

−16,419,270

−1.26

≡

UNH – UnitedHealth Group, Inc.

Sell

−3,946,005

−1.13

≡

SU – Suncor Energy, Inc.

Sell

−40,018,854

−0.86

≡

CTSH – Cognizant Technology Solutions Corp.

Sell

−18,498,499

−0.79

≡

JNP – Juniper Networks, Inc.

Sell

−34,259,515

−0.74

≡

CI – The Cigna Group

Reduce 33.00%

−4,275,082

−0.67

≡

GAP – The Gap, Inc.

Sell

−36,133,428

−0.58

≡

TAP – Molson Coors Beverage Co.

Sell

−14,514,739

−0.57

≡

HPE – Hewlett Packard Enterprise Co.

Reduce 98.00%

−47,746,489

−0.49

≡

MCHP – Microchip Technology, Inc.

Sell

−8,688,028

−0.45

≡

XP – XP, Inc.

Sell

−29,685,045

−0.44

≡

VFC – VF Corp.

Sell

−35,430,050

−0.32

≡

TRP – TC Energy Corp.

Sell

−11,860,400

−0.28

≡

OVV – Ovintiv, Inc.

Sell

−8,665,010

−0.26

≡

COHR – Coherent Corp.

Reduce 7.00%

−1,084,769

0.20

≡

TMUS – T-Mobile U.S., Inc.

Reduce 11.00%

−1,213,765

0.19

≡

STT – State Street Corp.

Reduce 32.00%

−6,131,885

−0.17

≡

BAC – Bank of America Corp.

Reduce 14.00%

−10,273,207

0.16

≡

NWSA – News Corp.

Sell

−10,466,332

−0.16

≡

YUMC – Yum China Holdings, Inc.

Sell

−6,719,862

−0.16

≡

NBIX – Neurocrine Biosciences, Inc.

Sell

−1,265,244

−0.10

≡

AEG – Aegon, Ltd.

Reduce 6.00%

−7,126,766

0.08

≡

ITUB – Itau Unibanco Holding SA

Sell

−15,806,905

−0.06

≡

BHFAO – Brighthouse Financial, Inc.

Reduce 23.00%

−2,050,513

−0.05

≡

UNP – Union Pacific Corp.

Sell

−283,191

−0.04

≡

JDCMF – JD.com, Inc.

Reduce 6.00%

−1,451,800

0.04

≡

GE – GE Aerospace

Reduce 11.00%

−1,827,310

−0.02

≡

TGT – Target Corp.

Sell

−117,799

−0.01

≡

WMT – Walmart, Inc.

Sell

−206,860

−0.01

≡

VMC – Vulcan Materials Co.

Sell

−24,700

−0.00

≡

PFE – Pfizer, Inc.

Sell

−116,385

−0.00

≡

OTIS – Otis Worldwide Corp.

Sell

−22,260

−0.00

≡

PH – Parker-Hannifin Corp.

Sell

−2,850

−0.00

≡

VIPS – Vipshop Holdings, Ltd.

Sell

−94,197

−0.00

≡

PM – Philip Morris International, Inc.

Sell

−17,000

−0.00

≡

NEE – NextEra Energy, Inc.

Sell

−24,000

−0.00

≡

NUE – Nucor Corp.

Sell

−6,800

−0.00

≡

UNLYF – Unilever PLC

Sell

−23,900

−0.00

≡

SLB – Schlumberger NV

Reduce 9.00%

−62,368

−0.00

≡

AVGO – Broadcom, Inc.

Reduce 23.00%

−1,150

0.00

≡

GIS – General Mills, Inc.

Sell

−11,200

−0.00

≡

DELL – Dell Technologies, Inc.

Reduce 40.00%

−25,150

−0.00

≡

IBN – ICICI Bank, Ltd.

Sell

−19,950

−0.00

≡

GLW – Corning, Inc.

Reduce 13.00%

−7,050

0.00

≡

ALL – The Allstate Corp.

Sell

−2,618

−0.00

≡

ZTS – Zoetis, Inc.

Sell

−1,700

−0.00

≡

V – Visa, Inc.

Sell

−1,000

−0.00

≡

LNC – Lincoln National Corp.

Sell

−8,500

−0.00

≡

PBR – Petroleo Brasileiro SA

Sell

−16,500

−0.00

≡

VZ – Verizon Communications, Inc.

Sell

−5,500

−0.00

≡

APA – APA Corp.

Reduce 8.00%

−6,500

−0.00

≡

EBAY – eBay, Inc.

Reduce 16.00%

−3,000

0.00

≡

LOMA – Loma Negra Cia Industrial Argentina SA

Reduce 25.00%

−10,000

−0.00

≡

HAL – Halliburton Co.

Reduce 6.00%

−5,200

−0.00

Q1 2024filed May 14, 245 new23 added27 reduced3 exited

≡

MCHP – Microchip Technology, Inc.

Reduce 47.00%

−7,761,231

−0.49

≡

UBS – UBS Group AG

Reduce 18.00%

−16,909,009

−0.47

≡

OVV – Ovintiv, Inc.

Reduce 62.00%

−14,290,241

−0.38

≡

OTIS – Otis Worldwide Corp.

Reduce 100.00%

−5,004,237

−0.28

≡

MSFT – Microsoft Corp.

Reduce 12.00%

−1,330,511

−0.27

≡

TECK – Teck Resources, Ltd.

Reduce 42.00%

−7,753,300

−0.21

≡

NVSEF – Novartis AG

Reduce 6.00%

−811,553

−0.15

≡

STT – State Street Corp.

Reduce 7.00%

−1,368,295

−0.15

≡

DISH – DISH Network Corp.

Sell

−38,886,766

−0.14

≡

HMC – Honda Motor Co., Ltd.

Reduce 30.00%

−9,404,685

−0.14

≡

JXN – Jackson Financial, Inc.

Sell

−3,071,598

−0.10

≡

META – Meta Platforms, Inc.

Reduce 12.00%

−545,414

0.10

≡

BK – The Bank of New York Mellon Corp.

Reduce 6.00%

−3,363,215

−0.09

≡

HPE – Hewlett Packard Enterprise Co.

Reduce 10.00%

−5,688,801

−0.09

≡

NETTF – NetEase, Inc.

Reduce 47.00%

−851,900

−0.05

≡

AVGO – Broadcom, Inc.

Reduce 91.00%

−50,787

−0.04

≡

SU – Suncor Energy, Inc.

Reduce 9.00%

−3,797,700

−0.03

≡

IBN – ICICI Bank, Ltd.

Reduce 98.00%

−982,550

−0.01

≡

COHR – Coherent Corp.

Reduce 19.00%

−3,637,020

0.01

≡

DELL – Dell Technologies, Inc.

Reduce 74.00%

−180,347

−0.01

≡

SLB – Schlumberger NV

Reduce 7.00%

−51,550

−0.00

≡

LLY – Eli Lilly & Co.

Reduce 13.00%

−7,104

0.00

≡

ADI – Analog Devices, Inc.

Reduce 8.00%

−2,670

−0.00

≡

APA – APA Corp.

Reduce 10.00%

−8,600

−0.00

≡

HAL – Halliburton Co.

Reduce 13.00%

−13,300

−0.00

≡

MCD – McDonald's Corp.

Reduce 6.00%

−400

−0.00

≡

VLTO – Veralto Corp.

Sell

−3,382

−0.00

≡

EBAY – eBay, Inc.

Reduce 20.00%

−4,700

−0.00

≡

MCO – Moody's Corp.

Reduce 8.00%

−136

−0.00

≡

V – Visa, Inc.

Reduce 17.00%

−200

−0.00