| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 19700 ABBOTT LAB COM | 1,446,809 | 2,156,953 |
| 26200 ACTIVISION BLIZZARD INC COM STK | 1,058,395 | 2,432,670 |
| 64123 ADR ABB LTD SPONSORED ADR | 1,604,312 | 1,792,879 |
| 32586 ADR AIA GROUP LTD SPONSORED ADR | 1,248,331 | 1,600,950 |
| 81756 ADR AIA GROUP LTD SPONSORED ADR | 2,886,536 | 4,016,672 |
| 10453 ADR ALIBABA GROUP HOLDING LTD SPON ADS EACH REP 8 ORD ADS | 1,823,688 | 2,432,727 |
| 19702 ADR ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR | 1,027,675 | 1,377,367 |
| 76800 ADR ASAHI KASEI CORP ADR | 1,471,876 | 1,584,614 |
| 1920 ADR ASHTEAD GROUP PLC ADR | 365,159 | 363,840 |
| 1616 ADR ASML HLDG NV NY REG 2012 (POST REV SPLIT) | 396,511 | 788,156 |
| 9200 ADR ASML HLDG NV NY REG 2012 (POST REV SPLIT) | 979,928 | 4,487,024 |
| 48800 ADR ASTRAZENECA PLC SPONSORED ADR UNITED KINGDOM | 1,682,478 | 2,439,512 |
| 36821 ADR B & M EUROPEAN VALUE RETAIL SA UNSPON ADR EACH REPR 4 ORD | 963,237 | 1,045,256 |
| 99379 ADR BANCO BRADESCO S A SPONSORED ADR REPSTG PFD SHS NEW 2004 | 620,448 | 522,734 |
| 29478 ADR BEIERSDORF AG ADR | 670,271 | 691,259 |
| 2450 ADR BEIGENE LTD SPONSORED ADR | 348,330 | 633,056 |
| 25250 ADR CARLSBERG AS SPONSORED ADR | 546,327 | 811,280 |
| 69200 ADR CARLSBERG AS SPONSORED ADR | 1,515,638 | 2,223,389 |
| 178794 ADR COMPAGNIE FINANCIERE RICHEMONT AG SWITZ ADR | 1,239,042 | 1,600,028 |
| 12439 ADR CRH PLC ADR | 528,552 | 529,653 |
| 28775 ADR CRITEO S A SPONSORED ADS | 520,026 | 590,175 |
| 4902 ADR CSL LTD SPONSORED ADR | 277,049 | 539,955 |
| 61400 ADR DANONE SPONSORED ADR | 926,405 | 804,340 |
| 91815 ADR DEUTSCHE BOERSE ADR | 1,178,026 | 1,551,674 |
| 28112 ADR ENDAVA PLC ADS | 1,810,005 | 2,157,596 |
| 188100 ADR ENEL SOCIETA PER AZIONI ADR | 1,345,635 | 1,909,215 |
| 27700 ADR ESSILORLUXOTTICA SA | 1,770,554 | 2,153,952 |
| 18114 ADR FLUTTER ENTMT PLC ADR | 942,606 | 1,889,290 |
| 10100 ADR FOMENTO ECONOMICO MEXICANO SAB DE CV | 993,077 | 765,277 |
| 10800 ADR GIVAUDAN SA ADR | 634,289 | 916,488 |
| 9311 ADR GRUPO AEROPORTUAIRO DEL PACIFICO SABDE CV | 754,919 | 1,036,221 |
| 29245 ADR HDFC BK LTD ADR REPSTG 3 SHS | 1,355,584 | 2,113,244 |
| 14727 ADR HEINEKEN N V SPONSORED ADR LEVEL 1 | 676,128 | 822,356 |
| 9100 ADR HERMES INTL SCA ADR | 617,390 | 983,892 |
| 9061 ADR HOYA CORP SPONSORED ADR | 543,067 | 1,257,576 |
| 21900 ADR IBERDROLA S A SPONSORED ADR REPSTG 1 ORD SHS | 656,319 | 1,259,250 |
| 100436 ADR INDUSTRIA DE DISENO TEXTIL INDITEX SA ADR | 1,622,041 | 1,610,993 |
| 12005 ADR JARDINE MATHESON HLDGS LTD ADR | 538,421 | 674,921 |
| 20059 ADR JD COM INC SPONSORED ADR REPSTG COM CL A | 1,297,723 | 1,763,186 |
| 19207 ADR KERING S A ADR | 1,239,027 | 1,391,547 |
| 35141 ADR KNORR-BREMSE AG ADR | 985,228 | 1,186,712 |
| 19214 ADR KOITO MFG CO LTD ADR | 970,252 | 1,311,548 |
| 55081 ADR KOMATSU LTD SPONSORED ISIN #US5004584018 | 1,200,027 | 1,524,780 |
| 30724 ADR KUEHNE & NAGEL INTL AG ADR | 938,154 | 1,397,635 |
| 26400 ADR L OREAL S A ADR | 998,933 | 2,010,360 |
| 49768 ADR LONDON STK EXCHANGE GROUP ADR | 1,318,107 | 1,555,743 |
| 5748 ADR LVMH MOET HENNESSY LOUIS VUITTON ADR | 201,857 | 716,948 |
| 6694 ADR LVMH MOET HENNESSY LOUIS VUITTON ADR | 533,492 | 834,943 |
| 82750 ADR NESTLE S A SPONSORED ADR REPSTG REG SH | 5,441,651 | 9,747,950 |
| 14771 ADR NESTLE S A SPONSORED ADR REPSTG REG SH | 1,592,617 | 1,740,024 |
| 15986 ADR NESTLE S A SPONSORED ADR REPSTG REG SH | 1,246,919 | 1,883,151 |
| 5403 ADR NEW ORIENTAL ED & TECHNOLOGY GROUP INC SPONSORED ADR REPSTG | 412,364 | 1,003,931 |
| 21012 ADR NIDEC CORP SPONSORED ADR | 275,677 | 666,080 |
| 6220 ADR NOVARTIS AG | 515,458 | 587,355 |
| 12271 ADR NOVO-NORDISK A S ADR | 737,933 | 857,129 |
| 35847 ADR NOVO-NORDISK A S ADR | 1,459,221 | 2,503,913 |
| 71146 ADR OLYMPUS CORP SPONSORED ADR | 1,483,519 | 1,565,923 |
| 21531 ADR PERNOD RICARD S A ADR | 677,546 | 825,714 |
| 23029 ADR PERNOD RICARD S A ADR | 587,074 | 883,162 |
| 62580 ADR PROSUS N.V. ADR NASPERS NEWCO-ADR | 940,960 | 1,357,360 |
| 102400 ADR RECKITT BENCKISER GROUP PLC SPONSORED ADR | 1,634,365 | 1,855,488 |
| 37176 ADR ROCHE HLDG LTD SPONSORED ADR ISIN #US771195104 | 1,567,757 | 1,629,796 |
| 305500 ADR ROYAL KPN NV SPONSORED ADR | 604,890 | 943,995 |
| 11604 ADR RYANAIR HLDGS PLC SPONSORED ADR NEW | 975,637 | 1,276,208 |
| 89100 ADR SAFRAN ADR | 1,832,794 | 3,159,486 |
| 32862 ADR SANDS CHINA LTD UNSPONSORED ADR | 1,349,286 | 1,433,769 |
| 84975 ADR SANDVIK AB ADR | 1,671,055 | 2,089,535 |
| 57645 ADR SCHNEIDER ELECTRIC SE | 923,971 | 1,668,823 |
| 52200 ADR SHIN ETSU CHEM CO LTD ADR | 1,051,877 | 2,295,756 |
| 16588 ADR SILICON MOTION TECHNOLOGY CORP SPONSORED ADR REPSTG SHS | 641,931 | 798,712 |
| 27697 ADR SMC CORP JAPAN SPONSORED ADR | 559,123 | 848,082 |
| 16951 ADR SONY CORP AMERN SH NEW | 1,244,337 | 1,713,746 |
| 20555 ADR TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADS EACH REP 5 ORD T | 660,276 | 2,241,317 |
| 53400 ADR TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADS EACH REP 5 ORD T | 1,882,645 | 5,822,736 |
| 25578 ADR TENCENT HLDGS LTD ADR | 1,383,500 | 1,838,802 |
| 31600 ADR TENCENT HLDGS LTD ADR | 1,505,370 | 2,271,724 |
| 18600 ADR TERUMO CORP ADR | 723,354 | 786,780 |
| 91250 ADR UNILEVER PLC SPONSORED ADR NEW | 3,741,208 | 5,507,850 |
| 17209 ADR UNITED OVERSEAS BK LTD SPONSORED ADRISIN #US9112713022 | 646,821 | 588,032 |
| 74406 ADR WAL-MART DE MEX SAB DE CV | 1,884,713 | 2,093,785 |
| 21812 ADR WOLTERS KLUWER N V SPONSORED ADR | 1,118,109 | 1,830,899 |
| 43700 AES CORP COM | 600,058 | 1,026,950 |
| 2146 AGILENT TECHNOLOGIES INC COM | 241,939 | 254,280 |
| 352000 AGILENT TECHNOLOGIES INC COM | 9,199,652 | 41,708,480 |
| 10319 AGREE RLTY CORP COM | 535,928 | 687,039 |
| 14700 AGREE RLTY CORP COM | 933,896 | 978,726 |
| 1870 AIR PROD & CHEM INC COM | 426,993 | 510,921 |
| 76100 AIRBUS SE UNSPON ADR EA REPR 0.25 ORD EUR 1 | 1,339,129 | 2,079,052 |
| 10564 ALAMO GROUP INC COM | 859,732 | 1,457,304 |
| 12661 ALCON AG COM USD 0.04 WI | 723,504 | 835,373 |
| 7358 ALLEGIANT TRAVEL CO COM | 1,097,222 | 1,392,428 |
| 635 ALPHABET INC CAP STK USD 0.001 CL A | 518,844 | 1,112,926 |
| 3990 ALPHABET INC CAP STK USD 0.001 CL C | 5,409,926 | 6,990,001 |
| 645 AMAZON COM INC COM | 877,388 | 2,100,720 |
| 8330 AMBARELLA INC SHS | 450,670 | 764,861 |
| 56000 AMCOR PLC ORD USD 0.01 | 638,402 | 659,120 |
| 68200 AMER MOVIL SAB DE C V SPONSORED ADR REPSTG SER L SHS | 1,050,827 | 991,628 |
| 13500 AMERICAN EXPRESS CO | 999,981 | 1,632,285 |
| 152701 AMERICAN EXPRESS CO | 11,200,985 | 18,463,078 |
| 43694 AMERIS BANCORP COM | 1,457,829 | 1,663,431 |
| 19181 AMERISAFE INC COM | 951,836 | 1,101,565 |
| 10993 AMERN WOODMARK CORP COM | 966,832 | 1,031,693 |
| 13700 AMETEK INC NEW COM | 1,218,554 | 1,656,878 |
| 22512 AMN HEALTHCARE SVCS INC COM | 837,279 | 1,536,444 |
| 47065 ANHEUSER-BUSCH INB NPV | 4,260,441 | 3,283,000 |
| 4538 ANSYS INC COM | 922,035 | 1,650,924 |
| 2500 ANTHEM INC COM | 745,561 | 802,725 |
| 2890 AON PLC COM | 547,539 | 610,570 |
| 8200 AON PLC COM | 1,177,589 | 1,732,414 |
| 26000 APPLE INC COM STK | 930,376 | 3,449,940 |
| 1912000 APPLE INC COM STK | 14,058,663 | 253,703,280 |
| 33814 ARCH CAPITAL GROUP COM STK | 1,244,090 | 1,219,671 |
| 4400 ASHTEAD GROUP ORD GBP 0.10 | 208,461 | 206,781 |
| 415998 AT&T INC COM | 13,628,136 | 11,964,102 |
| 33860 ATLANTIC UN BANKSHARES CORP COM | 1,126,891 | 1,115,348 |
| 29997 ATRICURE INC COM STK | 857,154 | 1,669,933 |
| 8428 AUTODESK INC COM | 1,351,134 | 2,573,406 |
| 347000 AUTOMATIC DATA PROCESSING INC COM | 19,557,305 | 61,141,400 |
| 54541 AVIENT CORPORATION | 1,937,701 | 2,196,911 |
| 9496 BALCHEM CORP COM | 606,106 | 1,094,129 |
| 12642 BALCHEM CORP COM | 871,748 | 1,456,611 |
| 112880 BANK NEW YORK MELLON CORP COM STK | 3,025,184 | 4,790,627 |
| 15280 BARNES GROUP INC COM | 567,508 | 774,543 |
| 37700 BENCHMARK ELECTRS INC COM | 985,880 | 1,018,277 |
| 36 BERKSHIRE HATHAWAY INC DEL CL A | 6,384,372 | 12,521,340 |
| 850 BERKSHIRE HATHAWAY INC-CL B | 197,780 | 197,090 |
| 24555 BLACK KNIGHT INC COM USD 0.0001 WI | 1,579,291 | 2,169,434 |
| 719 BOOKING HOLDINGS INC. COM | 1,307,253 | 1,601,407 |
| 22809 BOOT BARN HLDGS INC COM | 752,452 | 988,998 |
| 26693 BOOT BARN HLDGS INC COM | 914,181 | 1,157,408 |
| 5985 BOTTOMLINE TECHNOLOGIES DE INC COM | 307,059 | 315,649 |
| 2473 BRIGHT HORIZONS FA COM USD 0.001 | 342,461 | 427,804 |
| 5241 BROADCOM INC COM | 1,287,484 | 2,294,772 |
| 9200 BROADCOM INC COM | 2,056,170 | 4,028,220 |
| 94057 BROOKFIELD ASSET MGMT INC VOTING SHS CL A | 3,028,953 | 3,881,732 |
| 23152 BROOKFIELD INFRASTRUCTURE CORP COM SUB VTG SHS CL A | 934,993 | 1,673,890 |
| 11003 BROOKFIELD PPTY REIT INC COM USD 0.01 CLASS A | 220,135 | 164,385 |
| 2446 BROOKFIELD RENEWABLE CORP CLASS A SUBORDINATE VOTING SHARES WI | 75,776 | 142,528 |
| 16039 BROOKS AUTOMATION INC COM | 1,141,867 | 1,088,246 |
| 23467 BROWN & BROWN INC COM | 843,422 | 1,112,570 |
| 8500 BROWN-FORMAN CORP CL A | 212,724 | 624,495 |
| 5650 BROWN-FORMAN INC CL B NON-VTG COM | 309,769 | 448,779 |
| 28375 BROWN-FORMAN INC CL B NON-VTG COM | 774,436 | 2,253,826 |
| 450 CABLE ONE INC COM | 886,765 | 1,002,474 |
| 3454 CACI INTL INC CL A | 433,857 | 861,186 |
| 4350 CACI INTL INC CL A | 857,155 | 1,084,586 |
| 15839 CANADIAN NATL RY CO COM | 1,222,113 | 1,739,914 |
| 4889 CANNAE HLDGS INC COM USD 0.0001 | 189,076 | 216,436 |
| 25083 CARMAX INC COM | 2,120,651 | 2,369,340 |
| 12366 CASS INFORMATION SYS INC COM | 428,844 | 481,161 |
| 9611 CASTLE BIOSCIENCES INC COM | 612,658 | 645,379 |
| 42416 CATHAY GENERAL BANCORP INC COM | 1,440,201 | 1,365,371 |
| 26377 CBRE GROUP INC CL A | 1,389,394 | 1,654,365 |
| 40016 CENT GARDEN & PET CO CL A | 1,345,565 | 1,453,781 |
| 8289 CENTRAL GARDEN & PET CO COM | 325,238 | 320,038 |
| 10157 CERENCE INC COM | 736,327 | 1,020,575 |
| 27880 CGI INC COM STOCK | 1,545,291 | 2,211,163 |
| 1890 CHARTER COMMUNICATIONS INC NEW CL A | 603,330 | 1,250,330 |
| 6159 CHES UTILS CORP COM | 560,333 | 666,465 |
| 17448 CHINA MENGNIU DAIRY CO LTD ADR | 618,887 | 1,026,815 |
| 5200 CHUBB LTD ORD CHF 24.15 | 788,799 | 800,384 |
| 6100 CHURCHILL DOWNS INC COM | 940,010 | 1,188,219 |
| 21578 CHUYS HOLDINGS INC COM USD 0.01 | 567,822 | 571,601 |
| 806000 CISCO SYSTEMS INC | 19,263,400 | 36,068,500 |
| 59651 CITIZENS FINL GROUP INC COM | 1,661,278 | 2,133,120 |
| 7300 CME GROUP INC COM STK | 1,060,240 | 1,328,965 |
| 15000 COCA COLA CO COM | 582,036 | 822,600 |
| 3140 COCA-COLA CONSOLIDATED INC COM | 775,658 | 836,088 |
| 1622 COGNEX CORP COM | 73,909 | 130,222 |
| 20975 COHEN & STEERS INC COM | 862,344 | 1,558,442 |
| 5979 COLFAX CORP COM US 0.01 | 165,548 | 228,637 |
| 1011000 COMCAST CORP NEW-CL A | 7,627,995 | 52,976,400 |
| 35600 COMCAST CORP NEW-CL A | 1,470,355 | 1,865,440 |
| 50175 COMCAST CORP NEW-CL A | 1,394,990 | 2,629,170 |
| 14201 COMFORT SYS USA INC COM | 558,107 | 747,825 |
| 113000 COMPAGNIE FINANCIERE RICHEMONT SA WRT 22/11/2023 | 10,487 | 29,402 |
| 13254 COMPASS MINERALS INTL INC COM | 959,873 | 818,037 |
| 20267 COPART INC COM | 1,562,980 | 2,578,976 |
| 2044 COSTAR GROUP INC COM | 1,337,467 | 1,889,228 |
| 3300 COSTCO WHOLESALE CORP NEW COM | 724,297 | 1,243,374 |
| 60300 COVETRUS INC COM NPV | 1,447,956 | 1,733,022 |
| 3149 CREDIT ACCEP CORP MICH COM | 1,227,990 | 1,089,995 |
| 47119 CRYOLIFE INC COM | 1,098,349 | 1,112,480 |
| 22653 CRYOPORT INC COM PAR $0.001 | 400,204 | 994,014 |
| 7325 CSW INDUSTRIALS INC COM | 516,956 | 819,741 |
| 16600 CSX CORP COM STK | 918,021 | 1,506,450 |
| 25192 CTS CORP COM | 819,452 | 864,841 |
| 5297 DANAHER CORP COM | 426,755 | 1,176,676 |
| 45262 DELL TECHNOLOGIES INC COM USD 0.01 CL C WI COMMON STOCK | 2,056,254 | 3,317,252 |
| 13612 DESCARTES SYS GROUP INC COM | 413,997 | 796,030 |
| 4400 DIAGEO PLC SPONSORED ADR NEW | 512,244 | 698,764 |
| 9289 DIODES INC COM | 426,714 | 654,874 |
| 133539 DISCOVER FINL SVCS COM STK | 2,067,184 | 12,089,286 |
| 59300 DNB NOR ASA SPONSORED ADR | 922,296 | 1,162,873 |
| 2008 DOLLAR GEN CORP NEW COM | 269,193 | 422,282 |
| 2834 DOMINOS PIZZA INC COM | 713,116 | 1,086,726 |
| 14662 DORMAN PRODS INC COM | 982,745 | 1,272,955 |
| 42223 EASTERLY GOVERNMENT PROPERTI COMMON STOCK | 752,506 | 956,351 |
| 37426 EBAY INC COM USD 0.001 | 344,654 | 1,880,656 |
| 6200 ELECTR ARTS COM | 587,852 | 890,320 |
| 5800 ELI LILLY & CO COM | 660,884 | 979,272 |
| 245000 ELI LILLY & CO COM | 9,016,000 | 41,365,800 |
| 19146 EMERGENT BIOSOLUTIONS INC COM | 1,512,838 | 1,715,482 |
| 10168 ENERSYS COM | 494,729 | 844,554 |
| 625 EQUINIX INC COM PAR $0.001 | 313,907 | 446,362 |
| 12110 EXLSERVICE COM INC COM STK | 599,891 | 1,030,924 |
| 2985 FACEBOOK INC COM USD 0.000006 CL 'A' | 514,236 | 815,383 |
| 34842 FANUC CORPORATION | 505,327 | 860,249 |
| 22233 FASTENAL CO COM | 697,780 | 1,085,637 |
| 26873 FIDELITY NATL FINL INC NEW FORMERLY FIDELITY COMMON STOCK | 1,149,223 | 1,050,466 |
| 7768 FIDELITY NATL INFORMATION SVCS INC COM STK | 1,129,398 | 1,098,861 |
| 4894 FIRST REP BK SAN FRANCISCO CALIF NEW COM | 486,414 | 719,075 |
| 7959 FIVE BELOW INC COM USD 0.01 | 488,105 | 1,392,666 |
| 15273 FORWARD AIR CORP COM | 708,110 | 1,173,577 |
| 15728 FRANKLIN ELEC INC COM | 536,707 | 1,088,535 |
| 33732 G-III APPAREL GROUP LTD COM | 1,083,647 | 800,798 |
| 9190 GARTNER INC COM | 1,280,827 | 1,472,146 |
| 31104 GENMAB A/S SPONSORED ADR | 527,835 | 1,264,689 |
| 22980 GETTY RLTY CORP NEW COM | 640,712 | 632,869 |
| 16500 GILEAD SCIENCES INC | 1,157,926 | 961,290 |
| 37650 GLACIER BANCORP INC NEW COM | 1,185,605 | 1,732,276 |
| 4152 GLOBAL PMTS INC COM | 605,006 | 894,424 |
| 30971 GLOBUS MED INC CL A NEW COM STK | 999,928 | 2,019,929 |
| 24600 GODADDY INC CL A | 1,271,291 | 2,040,570 |
| 21581 GRAND CANYON ED INC COM STK | 1,038,935 | 2,009,407 |
| 10520 GUIDEWIRE SOFTWARE INC COM USD 0.0001 | 1,097,782 | 1,354,240 |
| 9890 HAEMONETICS CORP MASS COM | 1,025,053 | 1,174,437 |
| 27400 HALOZYME THERAPEUTICS INC COM | 787,610 | 1,170,254 |
| 22600 HAMAMATSU PHOTONICS | 657,171 | 1,271,928 |
| 22000 HEALTHEQUITY INC COM | 1,146,152 | 1,533,620 |
| 49620 HEARTLAND EXPRESS INC COM | 1,186,851 | 898,122 |
| 8961 HEICO CORP NEW CL A | 750,684 | 1,048,975 |
| 64875 HEINEKEN HOLDING EUR 1.6 A | 4,109,910 | 6,116,060 |
| 4883 HELEN TROY LTD COM STK | 620,411 | 1,084,954 |
| 28115 HELIOS TECHNOLOGIES INC | 1,233,228 | 1,498,248 |
| 9200 HILTON WORLDWIDE HLDGS INC COM NEW | 725,550 | 1,023,592 |
| 19837 HILTON WORLDWIDE HLDGS INC COM NEW | 1,873,384 | 2,207,065 |
| 19877 HMS HLDGS CORP COM | 619,873 | 730,480 |
| 8257 HONEYWELL INTL INC COM STK | 1,508,971 | 1,756,264 |
| 37173 HORACE MANN EDUCATORS CORP COM | 1,556,100 | 1,562,753 |
| 21032 HOULIHAN LOKEY INC CL A | 971,838 | 1,413,981 |
| 8335 HOWARD HUGHES CORP COM STOCK | 1,006,442 | 657,882 |
| 7833 HYATT HOTELS CORP COM CL A | 600,295 | 581,600 |
| 16438 ICF INTL INC COM STK | 1,294,982 | 1,221,837 |
| 16994 ICF INTL INC COM STK | 995,453 | 1,263,164 |
| 5723 ICON PLC COM | 908,547 | 1,115,871 |
| 3849 ICU MED INC COM | 518,325 | 825,572 |
| 11966 IDACORP INC COM | 841,169 | 1,149,095 |
| 13481 IDACORP INC COM | 1,027,137 | 1,294,580 |
| 2453 IDEXX LABS INC COM | 681,563 | 1,226,181 |
| 13201 IHS MARKIT LTD COM | 862,569 | 1,185,846 |
| 21491 INTEGRA LIFESCIENCES HLDG CORP COM DESP | 1,204,219 | 1,395,196 |
| 26092 INTEGRA LIFESCIENCES HLDG CORP COM DESP | 1,039,184 | 1,693,893 |
| 21600 INTEL CORP COM | 1,130,718 | 1,076,112 |
| 18700 INTERCONTINENTAL EXCHANGE INC COM | 1,328,626 | 2,155,923 |
| 3785 J & J SNACK FOODS CORP COM STK NPV | 475,980 | 588,075 |
| 4900 JACK HENRY & ASSOC INC COM | 427,940 | 793,751 |
| 5100 JOHNSON & JOHNSON COM USD 1 | 671,097 | 802,638 |
| 15700 JPMORGAN CHASE & CO COM | 1,484,568 | 1,994,999 |
| 30675 JPMORGAN CHASE & CO COM | 2,699,852 | 3,897,872 |
| 344000 JPMORGAN CHASE & CO COM | 14,888,320 | 43,712,080 |
| 12130 KAISER ALUM CORP COM PAR $0.01 COM | 1,061,545 | 1,199,657 |
| 20456 KENNEDY-WILSON HLDGS INC COM | 440,628 | 365,958 |
| 3656 KEYENCE CORP COMMON STK | 671,053 | 2,083,774 |
| 210389 KEYSIGHT TECHNOLOGIES INC COM | 4,359,839 | 27,790,283 |
| 19869 KFORCE INC | 473,168 | 836,286 |
| 44281 KKR & CO INC CL A | 1,181,255 | 1,792,938 |
| 5700 KLA CORPORATION COM USD 0.001 | 763,892 | 1,475,787 |
| 33057 KONINKLIJKE PHILIPS NV | 1,430,968 | 1,790,698 |
| 17799 KORN FERRY COM | 762,686 | 774,256 |
| 27706 LA Z BOY INC COM | 695,696 | 1,103,807 |
| 11218 LENNAR CORP CL A | 533,800 | 855,148 |
| 175 LENNAR CORP CL B | 6,652 | 10,710 |
| 3536 LHC GROUP INC COM | 242,079 | 754,300 |
| 6607 LHC GROUP INC COM | 636,148 | 1,409,405 |
| 2631 LIBERTY BROADBAND CORP COM SER A | 258,415 | 414,593 |
| 13299.42 LIBERTY BROADBAND CORP COM SER C | 1,389,069 | 2,106,229 |
| 2140 LIBERTY MEDIA CORP DEL COM SER A FORMULA ONE MEDIA GROUP | 80,231 | 81,299 |
| 4183 LIBERTY MEDIA CORP DEL COM SER A SIRIUSXM GROUP | 170,998 | 180,664 |
| 13665 LIBERTY MEDIA CORP DEL COM SER C SIRIUSXM GROUP | 549,566 | 594,564 |
| 16687 LIBERTY MEDIA CORPORATION COM USD 0.01 SER C FORMULA | 657,251 | 710,866 |
| 3247 LINDE PLC COM USD 0.001 | 573,038 | 855,617 |
| 9060 LITHIA MTRS INC CL A | 852,951 | 2,651,590 |
| 3879 LITTELFUSE INC COM | 495,033 | 987,826 |
| 21619 LIVE NATION ENTERTAINMENT INC | 1,316,380 | 1,588,564 |
| 6573 LOGITECH INTERNATIONAL SA CHF 0.25 (REGD) (POST-SUBD) | 274,287 | 638,830 |
| 1771 M & T BK CORP COM | 290,974 | 225,448 |
| 37957 MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC COM STK | 1,325,322 | 2,089,153 |
| 28326 MARCUS & MILLICHAP INC COM | 718,580 | 1,054,577 |
| 1797 MARKEL CORP HOLDING CO COM | 2,021,761 | 1,856,840 |
| 4500 MARSH & MCLENNAN CO'S INC COM | 302,106 | 526,500 |
| 3543 MARTIN MARIETTA MATLS INC COM | 878,042 | 1,006,106 |
| 9710 MARTIN MARIETTA MATLS INC COM | 1,055,889 | 2,757,349 |
| 35675 MASTERCARD INC CL A | 2,223,990 | 12,733,835 |
| 8500 MEDPACE HLDGS INC COM | 526,364 | 1,183,200 |
| 10630 MEDPACE HLDGS INC COM | 1,248,934 | 1,479,696 |
| 21781 MERCANTILE BK CORP COM | 654,354 | 591,790 |
| 11000 MERCK & CO INC NEW COM | 867,650 | 899,800 |
| 258142 MERCK & CO INC NEW COM | 9,401,532 | 21,116,016 |
| 38899 MERIDIAN BANCORP INC MD COM | 722,036 | 579,984 |
| 1088 METTLER-TOLEDO INTL INC COM | 823,591 | 1,239,972 |
| 310000 MFC ISHARES TR MSCI EAFE ETF | 19,928,170 | 22,617,600 |
| 1549041.50 MFO AIM INTL MUT FDS INVESCO INTL MUT FDS INVESCO ASIA PAC GROWT | 41,396,056 | 59,080,443 |
| 1436661.55 MFO ARTISAN FDS INC INTL VALUE FD INSTL SHS | 57,430,000 | 57,265,329 |
| 2654627.75 MFO CALVERT WORLD VALUES FD INC EMERGING MKTS EQUITY FD CL R6 | 42,943,641 | 58,959,282 |
| 2316498.70 MFO INVESTMENT MANAGERS SER TR WCM FOCUSED INTL GROWTH FD INSTL | 57,430,000 | 57,333,343 |
| 2207728.73 MFO MATTHEWS INTL FDS PAC TIGER FD INSTL CL | 62,607,106 | 77,049,733 |
| 1443036.77 MFO T ROWE PRICE INSTL EM MKT EQ FDS INC | 42,922,142 | 71,949,813 |
| 2119976 MFO WELLS FARGO FDS TR EMERGING MARKETS EQUITY FD INSTL CL | 44,325,008 | 71,676,389 |
| 10793 MICROCHIP TECHNOLOGY INC COM | 1,020,316 | 1,490,621 |
| 12600 MICROSOFT CORP COM | 646,205 | 2,802,492 |
| 18806 MINERALS TECHNOLOGIES INC COM | 998,942 | 1,168,229 |
| 21076 MOELIS & CO CL A | 620,001 | 985,514 |
| 21851 MONDELEZ INTL INC COM | 962,737 | 1,277,628 |
| 522356 MONDELEZ INTL INC COM | 8,993,087 | 30,542,155 |
| 2700 MOODYS CORP COM | 574,131 | 783,648 |
| 5300 MOODYS CORP COM | 492,589 | 1,538,272 |
| 4972 MOTOROLA SOLUTIONS INC | 834,129 | 845,538 |
| 43125 MOVADO GROUP INC COM | 1,057,440 | 716,737 |
| 1800 MSCI INC COMMON | 409,155 | 803,754 |
| 2300 MSCI INC COMMON | 742,024 | 1,027,019 |
| 6876 MTS SYS CORP COM | 294,059 | 399,908 |
| 252 N V R INC COM | 806,649 | 1,028,125 |
| 17666 NATIONAL HEALTH INVS INC COM | 1,087,105 | 1,221,957 |
| 13440 NEXSTAR MEDIA GROUP INC CL A | 919,141 | 1,467,514 |
| 4900 NORTHROP GRUMMAN CORP COM | 1,405,026 | 1,493,128 |
| 25105 NORTHWESTERN CORP COM NEW | 1,332,151 | 1,463,873 |
| 12200 NOVANTA INC | 1,054,766 | 1,442,284 |
| 4387 O REILLY AUTOMOTIVE INC NEW COM USD 0.01 | 1,668,070 | 1,985,425 |
| 40244 OCEANFIRST FINL CORP COM | 674,380 | 749,746 |
| 70421 OLD NATL BANCORP IND COM | 1,002,522 | 1,166,172 |
| 8542 OLLIES BARGAIN OUTLET HLDGS INC COM | 409,892 | 698,479 |
| 13700 OLLIES BARGAIN OUTLET HLDGS INC COM | 822,439 | 1,120,249 |
| 11212 OMNICELL INC COM | 549,904 | 1,345,664 |
| 11294 ONEX CORP SUB VTG | 682,650 | 648,391 |
| 22461 ONTO INNOVATION INC | 718,769 | 1,068,021 |
| 20229 OPEN TEXT CORP COM | 745,273 | 919,610 |
| 397194 ORACLE CORP COM | 8,976,584 | 25,694,480 |
| 13172 OXFORD INDS INC COM | 809,796 | 862,898 |
| 48370 PAC PREMIER BANCORP COM | 1,826,978 | 1,515,432 |
| 7354 PACIRA BIOSCIENCES INC COM USD 0.001 | 398,161 | 440,063 |
| 25886 PATRICK INDS INC COM | 1,326,574 | 1,769,308 |
| 9665 PAYLOCITY HLDG CORP COM | 711,978 | 1,990,120 |
| 37426 PAYPAL HLDGS INC COM | 532,985 | 8,765,169 |
| 42236 PERFORMANCE FOOD GROUP CO COM | 1,248,937 | 2,010,856 |
| 34150 PERNOD RICARD NPV EUR 1.55 | 4,021,920 | 6,551,768 |
| 720000 PFIZER INC COM | 20,278,225 | 26,503,200 |
| 31113 PHREESIA INC COM | 909,746 | 1,688,191 |
| 51245 PRIMORIS SVCS CORP COM | 1,156,216 | 1,414,874 |
| 6330 PROGRESSIVE CORP OH COM | 512,757 | 625,910 |
| 30800 PROGYNY INC COM | 777,865 | 1,305,612 |
| 8154 PROOFPOINT INC COM | 649,596 | 1,112,287 |
| 24403 QTS RLTY TR INC COM CL A | 1,239,279 | 1,510,058 |
| 21900 RAPID7 INC COM | 1,238,980 | 1,974,504 |
| 9837 RBC BEARINGS INC COM | 807,744 | 1,761,216 |
| 9604 REALPAGE INC COM STK | 599,281 | 837,853 |
| 7000 RECKITT BENCK GRP ORD GBP 0.10 | 483,108 | 625,981 |
| 23453 RESTAURANT BRANDS INTL INC COM NPV | 1,729,005 | 1,433,213 |
| 56500 RICHEMONT (CIE FIN) CHF 1 (REGD) | 4,756,124 | 5,118,525 |
| 29690 RITCHIE BROS AUCTIONEERS INC COM | 838,130 | 2,064,939 |
| 3811 ROGERS CORP COM | 539,860 | 591,810 |
| 3688 ROPER TECHNOLOGIES, INC | 1,349,095 | 1,589,860 |
| 5433 ROSS STORES INC COM | 533,410 | 667,227 |
| 22551 ROYAL CARIBBEAN GROUP COM STK | 1,177,860 | 1,684,334 |
| 11977 RYMAN HOSPITALITY PPTYS INC COM | 1,035,248 | 811,562 |
| 963 S&P GLOBAL INC COM | 235,958 | 316,567 |
| 16445 SANOFI SPONSORED ADR | 834,221 | 799,063 |
| 11500 SAP SE-SPONSORED ADR | 1,543,021 | 1,499,485 |
| 7676 SBA COMMUNICATIONS CORP COM USD 0.01 CL A | 1,884,332 | 2,165,630 |
| 59983 SEACOAST BKG CORP FLA COM NEW | 1,461,589 | 1,766,499 |
| 12458 SEAGEN INC COM | 796,167 | 2,181,894 |
| 21994 SELECTIVE INS GROUP INC COM | 998,984 | 1,473,158 |
| 5000 SEMPRA ENERGY INC COM STK | 572,205 | 637,050 |
| 19336 SHYFT GROUP INC COM | 454,789 | 548,756 |
| 19600 SILGAN HLDGS INC COM | 533,394 | 726,768 |
| 14911 SILICON LABORATORIES INC COM | 1,182,112 | 1,898,767 |
| 6311 SITEONE LANDSCAPE SUPPLY INC COM | 385,705 | 1,001,114 |
| 56342 SKYLINE CHAMPION CORPORATION COM USD 0.0277 | 1,520,949 | 1,743,221 |
| 13353 SLACK TECHNOLOGIES INC CL A COM | 418,384 | 564,031 |
| 3400 SMC CORPORATION | 807,879 | 2,002,736 |
| 17435 SOUTH ST CORP COM | 1,148,833 | 1,260,550 |
| 4767 SPS COMM INC COM | 270,519 | 517,649 |
| 2575 SQUARE INC CL A | 162,483 | 560,423 |
| 61715 STAG INDL INC COM | 1,436,976 | 1,932,914 |
| 18628 STANDARD MTR PRODS INC COM | 909,978 | 753,689 |
| 16904 STEWART INFORMATION SVCS CORP COM | 657,975 | 817,477 |
| 31822 STIFEL FINL CORP COM | 900,925 | 1,605,738 |
| 39967 STIFEL FINL CORP COM | 1,263,310 | 2,016,735 |
| 17646 SUMMIT MATLS INC CL A | 325,285 | 354,332 |
| 40077 SUPERNUS PHARMACEUTICALS INC COM STK | 975,640 | 1,008,337 |
| 16542 SYKES ENTERPRISES INC COM | 489,678 | 623,137 |
| 28943 SYNEOS HEALTH, INC. COM | 1,311,974 | 1,971,887 |
| 17200 TC ENERGY CORPORATION COM NPV | 768,131 | 700,384 |
| 7458 TETRA TECH INC NEW COM | 314,679 | 863,487 |
| 598000 TEXAS INSTRUMENTS INC COM | 15,033,720 | 98,149,740 |
| 30070 TEXAS ROADHOUSE INC COMMON STOCK | 1,158,836 | 2,350,271 |
| 1177 TRANSDIGM GROUP INC COM | 318,872 | 728,386 |
| 6259 TRANSDIGM GROUP INC COM | 2,863,231 | 3,873,382 |
| 12526 TRANSUNION COM | 1,037,339 | 1,242,830 |
| 1738 TYLER TECHNOLOGIES INC COM STK | 622,446 | 758,672 |
| 82401 UBS GROUP AG COMMON STOCK | 1,189,541 | 1,164,326 |
| 33476 UFP INDUSTRIES INC COM USD 1.00 | 757,720 | 1,859,592 |
| 11023 UMB FINL CORP COM STK | 612,612 | 760,477 |
| 27492 UNITED BANKSHARES INC W VA COM | 967,542 | 890,741 |
| 5300 UNITEDHEALTH GROUP INC COM | 1,257,852 | 1,858,604 |
| 397000 UNITEDHEALTH GROUP INC COM | 11,544,760 | 139,219,960 |
| 12994 UNITIL CORP COM | 616,837 | 575,244 |
| 22606 US ECOLOGY INC COM | 1,088,004 | 821,276 |
| 5184 VAIL RESORTS INC COM | 1,256,278 | 1,446,129 |
| 27928 VERACYTE INC COM | 778,975 | 1,366,796 |
| 7682 VERISIGN INC COM | 1,605,844 | 1,662,385 |
| 5764 VERISK ANALYTICS INC COM STK | 874,776 | 1,196,549 |
| 127917 VERIZON COMMUNICATIONS COM | 3,759,122 | 7,515,124 |
| 89336 VIATRIS INC | 1,118,373 | 1,674,157 |
| 98200 VIAVI SOLUTIONS INC COM NPV | 1,204,818 | 1,470,545 |
| 13250 VISA INC COM CL A STK | 1,150,754 | 2,898,173 |
| 33000 VISA INC COM CL A STK | 1,501,946 | 7,218,090 |
| 3988 VORNADO RLTY TR COM | 240,925 | 148,912 |
| 13257 VULCAN MATERIALS CO COM | 1,806,829 | 1,966,146 |
| 12500 WABTEC CORP COM | 914,060 | 915,000 |
| 8500 WASTE CONNECTIONS INC COM | 650,500 | 871,845 |
| 37855 WILLSCOT MOBILE MINI HLDGS CORP COM USD 0.01 | 543,688 | 877,100 |
| 7771 WIX.COM LTD COM ILS 0.01 | 1,158,051 | 1,942,439 |
| 27190 WOLVERINE WORLD WIDE INC COM | 533,836 | 849,687 |
| 8900 YUM BRANDS INC COM | 670,630 | 966,184 |
| 25557 YUM CHINA HLDGS INC COM | 1,169,314 | 1,459,049 |