Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| BROADCOM INC(AVGO) | 0 | 4,604,301 | +4,604,301 | 0 | 1,593,549 | 8.62% | +1,593,549 |
| ALPHABET INC(GOOG) | 0 | 4,215,234 | +4,215,234 | 0 | 1,319,368 | 7.13% | +1,319,368 |
| S&P GLOBAL INC(SPGI) | 0 | 1,755,624 | +1,755,624 | 0 | 917,472 | 4.96% | +917,472 |
| TAIWAN SEMICONDUCTOR MFG LTD(TSM) | 0 | 2,829,278 | +2,829,278 | 0 | 859,789 | 4.65% | +859,789 |
| INTERACTIVE BROKERS GROUP IN(IBKR) | 0 | 12,759,904 | +12,759,904 | 0 | 820,589 | 4.44% | +820,589 |
| APPLIED MATLS INC | 0 | 2,973,661 | +2,973,661 | 0 | 764,201 | 4.13% | +764,201 |
| CBRE GROUP INC(CBRE) | 0 | 4,460,586 | +4,460,586 | 0 | 717,218 | 3.88% | +717,218 |
| VISA INC(V) | 0 | 1,949,488 | +1,949,488 | 0 | 683,705 | 3.70% | +683,705 |
| MICROSOFT CORP(MSFT) | 0 | 1,262,019 | +1,262,019 | 0 | 610,338 | 3.30% | +610,338 |
| ANALOG DEVICES INC(ADI) | 0 | 2,168,792 | +2,168,792 | 0 | 588,176 | 3.18% | +588,176 |
| BLACKROCK INC(BLK) | 0 | 514,252 | +514,252 | 0 | 550,424 | 2.98% | +550,424 |
| INTERCONTINENTAL EXCHANGE IN(ICE) | 0 | 3,337,982 | +3,337,982 | 0 | 540,620 | 2.92% | +540,620 |
| THERMO FISHER SCIENTIFIC INC(TMO) | 0 | 873,322 | +873,322 | 0 | 506,046 | 2.74% | +506,046 |
| FLUTTER ENTMT PLC(FLUT) | 0 | 2,264,025 | +2,264,025 | 0 | 486,856 | 2.63% | +486,856 |
| FERGUSON ENTERPRISES INC(FERG) | 0 | 1,984,854 | +1,984,854 | 0 | 441,888 | 2.39% | +441,888 |
| AON PLC(AON) | 0 | 1,243,018 | +1,243,018 | 0 | 438,636 | 2.37% | +438,636 |
| IQVIA HLDGS INC(IQV) | 0 | 1,941,144 | +1,941,144 | 0 | 437,553 | 2.37% | +437,553 |
| CME GROUP INC(CME) | 0 | 1,573,017 | +1,573,017 | 0 | 429,559 | 2.32% | +429,559 |
| AGILENT TECHNOLOGIES INC(A) | 0 | 3,115,638 | +3,115,638 | 0 | 423,945 | 2.29% | +423,945 |
| UBER TECHNOLOGIES INC(UBER) | 0 | 5,140,663 | +5,140,663 | 0 | 420,044 | 2.27% | +420,044 |
| ADOBE INC(ADBE) | 0 | 1,157,237 | +1,157,237 | 0 | 405,021 | 2.19% | +405,021 |
| LIVE NATION ENTERTAINMENT IN(LYV) | 0 | 2,797,205 | +2,797,205 | 0 | 398,602 | 2.16% | +398,602 |
| EQUIFAX INC(EFX) | 0 | 1,723,998 | +1,723,998 | 0 | 374,073 | 2.02% | +374,073 |
| SS&C TECHNOLOGIES HLDGS INC(SSNC) | 0 | 4,258,493 | +4,258,493 | 0 | 372,277 | 2.01% | +372,277 |
| FASTENAL CO(FAST) | 0 | 9,266,888 | +9,266,888 | 0 | 371,880 | 2.01% | +371,880 |
| TRIP COM GROUP LTD(TCOM) | 0 | 4,669,778 | +4,669,778 | 0 | 335,804 | 1.82% | +335,804 |
| TENCENT MUSIC ENTMT GROUP(TME) | 0 | 18,708,502 | +18,708,502 | 0 | 327,960 | 1.77% | +327,960 |
| AMERICAN TOWER CORP NEW(AMT) | 0 | 1,830,525 | +1,830,525 | 0 | 321,385 | 1.74% | +321,385 |
| YUM BRANDS INC(YUM) | 0 | 2,055,883 | +2,055,883 | 0 | 311,014 | 1.68% | +311,014 |
| CANADIAN PACIFIC KANSAS CITY(CP) | 0 | 4,207,858 | +4,207,858 | 0 | 309,825 | 1.68% | +309,825 |
| TRADEWEB MKTS INC(TW) | 0 | 2,688,245 | +2,688,245 | 0 | 289,094 | 1.56% | +289,094 |
| MOODYS CORP(MCO) | 0 | 445,400 | +445,400 | 0 | 227,533 | 1.23% | +227,533 |
| ALCON AG(ALC) | 0 | 2,845,121 | +2,845,121 | 0 | 224,224 | 1.21% | +224,224 |
| ENTEGRIS INC(ENTG) | 0 | 2,459,153 | +2,459,153 | 0 | 207,184 | 1.12% | +207,184 |
| LIBERTY MEDIA CORP DEL(FWONA) | 0 | 1,706,899 | +1,706,899 | 0 | 168,147 | 0.91% | +168,147 |
| ORACLE CORP(ORCL) | 0 | 860,677 | +860,677 | 0 | 167,755 | 0.91% | +167,755 |
| LPL FINL HLDGS INC(LPLA) | 0 | 369,068 | +369,068 | 0 | 131,820 | 0.71% | +131,820 |
| ECOLAB INC COM STK USD1 LLC(ECL) | 78,513 | 0 | -78,513 | 21,502 | 0 | — | -21,502 |
| LIBERTY MEDIA CORP DEL COM LIBERTY LLC(FWONA) | 1,166,139 | 0 | -1,166,139 | 121,803 | 0 | — | -121,803 |
| ZOETIS INC COM USD0.01 CL 'A' LLC(ZTS) | 1,205,716 | 0 | -1,205,716 | 176,420 | 0 | — | -176,420 |
| ALCON AG COM USD0.04 WI LLC(ALC) | 2,823,322 | 0 | -2,823,322 | 210,366 | 0 | — | -210,366 |
| MOODYS CORP COM LLC(MCO) | 442,005 | 0 | -442,005 | 210,607 | 0 | — | -210,607 |
| TRADEWEB MKTS INC CL A CL A LLC(TW) | 1,934,322 | 0 | -1,934,322 | 214,671 | 0 | — | -214,671 |
| ENTEGRIS INC COM LLC(ENTG) | 2,439,719 | 0 | -2,439,719 | 225,576 | 0 | — | -225,576 |
| ORACLE CORPORATION COM LLC(ORCL) | 854,258 | 0 | -854,258 | 240,252 | 0 | — | -240,252 |
| YUM BRANDS INC COM LLC(YUM) | 2,040,234 | 0 | -2,040,234 | 310,116 | 0 | — | -310,116 |
| CANADIAN PAC KANS CITY LTD LLC(CP) | 4,174,009 | 0 | -4,174,009 | 310,922 | 0 | — | -310,922 |
| ADR TRIP COM GRP LTD LLC(TCOM) | 4,606,141 | 0 | -4,606,141 | 346,382 | 0 | — | -346,382 |
| AMERICAN TOWER CORP LLC(AMT) | 1,815,816 | 0 | -1,815,816 | 349,218 | 0 | — | -349,218 |
| ADOBE INC COM LLC(ADBE) | 1,000,308 | 0 | -1,000,308 | 352,859 | 0 | — | -352,859 |
| IQVIA HLDGS INC COM USD0.01 LLC(IQV) | 1,926,934 | 0 | -1,926,934 | 366,002 | 0 | — | -366,002 |
| SS&C TECHNOLOGIES HLDGS INC COM LLC(SSNC) | 4,226,357 | 0 | -4,226,357 | 375,131 | 0 | — | -375,131 |
| AGILENT TECHNOLOGIES INC COM LLC(A) | 3,092,145 | 0 | -3,092,145 | 396,877 | 0 | — | -396,877 |
| THERMO FISHER SCIENTIFIC INC COM USD1 LLC(TMO) | 866,770 | 0 | -866,770 | 420,401 | 0 | — | -420,401 |
| CME GROUP INC COM STK LLC(CME) | 1,561,173 | 0 | -1,561,173 | 421,813 | 0 | — | -421,813 |
| ADR TENCENT MUSIC ENTMT GROUP ADS LLC(TME) | 18,452,216 | 0 | -18,452,216 | 430,675 | 0 | — | -430,675 |
| EQUIFAX INC COM LLC(EFX) | 1,711,003 | 0 | -1,711,003 | 438,924 | 0 | — | -438,924 |
| AON PLC LLC(AON) | 1,233,741 | 0 | -1,233,741 | 439,927 | 0 | — | -439,927 |
| FERGUSON ENTERPRISES INC USD0.0001 LLC(FERG) | 1,969,891 | 0 | -1,969,891 | 442,398 | 0 | — | -442,398 |
| FASTENAL CO COM LLC(FAST) | 9,196,705 | 0 | -9,196,705 | 451,006 | 0 | — | -451,006 |
| LIVE NATION ENTERTAINMENT INC LLC(LYV) | 2,775,959 | 0 | -2,775,959 | 453,592 | 0 | — | -453,592 |
| UBER TECHNOLOGIES INC COM USD0.00001 LLC(UBER) | 5,102,058 | 0 | -5,102,058 | 499,849 | 0 | — | -499,849 |
| ANALOG DEVICES, INC., COMMON STOCK, LLC(ADI) | 2,152,518 | 0 | -2,152,518 | 528,874 | 0 | — | -528,874 |
| INTERCONTINENTAL EXCHANGE INC COM LLC(ICE) | 3,312,950 | 0 | -3,312,950 | 558,166 | 0 | — | -558,166 |
| FLUTTER ENTERTAINMENT PLC ORD EUR0.09 LLC(FLUT) | 2,247,096 | 0 | -2,247,096 | 570,762 | 0 | — | -570,762 |
| BLACKROCK INC NEW COM LLC(BLK) | 510,402 | 0 | -510,402 | 595,062 | 0 | — | -595,062 |
| APPLIED MATERIALS, INC., COMMON STOCK, LLC | 2,951,260 | 0 | -2,951,260 | 604,241 | 0 | — | -604,241 |
| MICROSOFT CORP COM LLC(MSFT) | 1,252,524 | 0 | -1,252,524 | 648,745 | 0 | — | -648,745 |
| VISA INC COM CL A STK LLC(V) | 1,934,842 | 0 | -1,934,842 | 660,516 | 0 | — | -660,516 |
| CBRE GROUP INC CL A CL A LLC(CBRE) | 4,427,021 | 0 | -4,427,021 | 697,521 | 0 | — | -697,521 |
| ADR TAIWAN SEMICONDUCTOR MANUFACTURING A LLC(TSM) | 2,807,971 | 0 | -2,807,971 | 784,238 | 0 | — | -784,238 |
| S&P GLOBAL INC COM LLC(SPGI) | 1,742,415 | 0 | -1,742,415 | 848,051 | 0 | — | -848,051 |
| INTERACTIVE BROKERS GROUP INC CL COM LLC(IBKR) | 12,664,026 | 0 | -12,664,026 | 871,412 | 0 | — | -871,412 |
| ALPHABET INC CAPITAL STOCK USD0.001 CL A LLC(GOOG) | 4,183,532 | 0 | -4,183,532 | 1,017,017 | 0 | — | -1,017,017 |
| BROADCOM INC COM LLC(AVGO) | 4,699,739 | 0 | -4,699,739 | 1,550,491 | 0 | — | -1,550,491 |