Institutional Fund Moves

Egerton Capital Trimmed Visa Inc. (V)

Shares -4% · +14.9% of the fund

Egerton Capital Added Amazon (AMZN)

Shares +32% · +12.0% of the fund

Egerton Capital Added Amphenol (APH)

Shares +120% · +9.2% of the fund

Egerton Capital Added Nvidia (NVDA)

Shares +9% · +8.7% of the fund

Egerton Capital Trimmed Moody's Corporation (MCO)

Shares -4% · +7.6% of the fund

Egerton Capital Trimmed Alphabet Inc. (Class C) (GOOG)

Shares -36% · +7.3% of the fund

Egerton Capital Sold out Applied Materials (AMAT)

Position closed

Egerton Capital Sold out Equifax (EFX)

Position closed

Situational Awareness LP Added Core Scientific, Inc. (CORZ)

Shares +28% · +18.3% of the fund

Situational Awareness LP Added Vistra Corp. (VST)

Shares +19% · +15.8% of the fund

Situational Awareness LP New Constellation Energy (CEG)

New position · +14.2% of the fund

Situational Awareness LP Added Micron Technology (MU)

Shares +15% · +12.8% of the fund

Situational Awareness LP Added Nvidia (NVDA)

Shares +8% · +11.7% of the fund

Situational Awareness LP New CoreWeave, Inc. (CRWV)

New position · +10.6% of the fund

Situational Awareness LP Added Broadcom (AVGO)

Shares +11% · +9.4% of the fund

Situational Awareness LP New Coherent Corp. (COHR)

New position · +7.2% of the fund

Point72 Turion (AI & Tech Pod) Added Taiwan Semiconductor Mfg. (TSM)

Shares +31% · +22.5% of the fund

Point72 Turion (AI & Tech Pod) Added Nvidia (NVDA)

Shares +19% · +20.0% of the fund

Point72 Turion (AI & Tech Pod) Added Micron Technology (MU)

Shares +28% · +17.5% of the fund

Point72 Turion (AI & Tech Pod) New Nebius Group N.V. (NBIS)

New position · +14.5% of the fund

Point72 Turion (AI & Tech Pod) Added Arista Networks (ANET)

Shares +15% · +13.5% of the fund

Point72 Turion (AI & Tech Pod) New Astera Labs, Inc. (ALAB)

New position · +12.0% of the fund

Jain Global LLC New Arista Networks (ANET)

New position · +21.5% of the fund

Jain Global LLC New GE Vernova (GEV)

New position · +19.5% of the fund

Jain Global LLC New Nvidia (NVDA)

New position · +17.5% of the fund

Jain Global LLC New Microsoft (MSFT)

New position · +15.5% of the fund

Jain Global LLC New JPMorgan Chase (JPM)

New position · +13.5% of the fund

Jain Global LLC New Lilly (Eli) (LLY)

New position · +12.5% of the fund

Cubist Systematic Strategies (Point72 Quant) Added Palantir Technologies (PLTR)

Shares +42% · +19.0% of the fund

Cubist Systematic Strategies (Point72 Quant) Added AppLovin (APP)

Shares +36% · +17.5% of the fund

Cubist Systematic Strategies (Point72 Quant) Added Nvidia (NVDA)

Shares +14% · +16.5% of the fund

Cubist Systematic Strategies (Point72 Quant) New CrowdStrike (CRWD)

New position · +16.0% of the fund

Cubist Systematic Strategies (Point72 Quant) Added Vertiv (VRT)

Shares +28% · +15.5% of the fund

Cubist Systematic Strategies (Point72 Quant) Added Micron Technology (MU)

Shares +19% · +15.5% of the fund

Baron Capital (Ron Baron) Added Tesla, Inc. (TSLA)

Shares +4% · +14.5% of the fund

Baron Capital (Ron Baron) Added MSCI (MSCI)

Shares +3% · +8.2% of the fund

Baron Capital (Ron Baron) Added Gartner (IT)

Shares +5% · +7.4% of the fund

Baron Capital (Ron Baron) Added CoStar Group (CSGP)

Shares +6% · +6.8% of the fund

Baron Capital (Ron Baron) Added Hyatt (H)

Shares +8% · +6.1% of the fund

Baron Capital (Ron Baron) Added Arch Capital Group (ACGL)

Shares +4% · +5.6% of the fund

Baron Capital (Ron Baron) Added Idexx Laboratories (IDXX)

Shares +2% · +5.2% of the fund

Baron Capital (Ron Baron) Added FactSet (FDS)

Shares +3% · +4.5% of the fund

Atreides Management Added Nvidia (NVDA)

Shares +24% · +22.0% of the fund

Atreides Management Added Taiwan Semiconductor Mfg. (TSM)

Shares +19% · +18.5% of the fund

Atreides Management Added Advanced Micro Devices (AMD)

Shares +15% · +16.0% of the fund

Atreides Management New Micron Technology (MU)

New position · +15.5% of the fund

Atreides Management Added Marvell Technology (MRVL)

Shares +21% · +14.5% of the fund

Atreides Management Added ASML Holding N.V. - New York Re (ASML)

Shares +8% · +13.5% of the fund

WorldQuant (Millennium Quant Arm) Added AppLovin (APP)

Shares +38% · +21.0% of the fund

WorldQuant (Millennium Quant Arm) Added Celestica Inc. (CLS)

Shares +29% · +18.5% of the fund

WorldQuant (Millennium Quant Arm) Added Comfort Systems USA (FIX)

Shares +24% · +17.5% of the fund

WorldQuant (Millennium Quant Arm) Added Palantir Technologies (PLTR)

Shares +22% · +15.5% of the fund

WorldQuant (Millennium Quant Arm) New Credo Technology Group Holding (CRDO)

New position · +14.0% of the fund

WorldQuant (Millennium Quant Arm) Added Modine Manufacturing (MOD)

Shares +17% · +13.5% of the fund

Whale Rock Capital Management Added Celestica Inc. (CLS)

Shares +31% · +21.0% of the fund

Whale Rock Capital Management Added AppLovin (APP)

Shares +26% · +19.5% of the fund

Whale Rock Capital Management New Coherent Corp. (COHR)

New position · +17.5% of the fund

Whale Rock Capital Management Added Nvidia (NVDA)

Shares +12% · +15.5% of the fund

Whale Rock Capital Management Added Meta Platforms (META)

Shares +9% · +14.0% of the fund

Whale Rock Capital Management New Reddit (RDDT)

New position · +12.5% of the fund

Surveyor Capital (Citadel L/S Arm) Added Vertiv (VRT)

Shares +27% · +21.0% of the fund

Surveyor Capital (Citadel L/S Arm) New Coherent Corp. (COHR)

New position · +18.5% of the fund

Surveyor Capital (Citadel L/S Arm) Added Astera Labs, Inc. (ALAB)

Shares +21% · +16.5% of the fund

Surveyor Capital (Citadel L/S Arm) Added Lilly (Eli) (LLY)

Shares +12% · +15.5% of the fund

Surveyor Capital (Citadel L/S Arm) Added Amazon (AMZN)

Shares +8% · +14.5% of the fund

Surveyor Capital (Citadel L/S Arm) Added Natera, Inc. (NTRA)

Shares +15% · +14.0% of the fund

Fortress Investment Group Added FTAI Aviation Ltd. (FTAI)

Shares +22% · +24.5% of the fund

Fortress Investment Group Added Ftai Infrastructure (FIP)

Shares +15% · +16.5% of the fund

Fortress Investment Group Added Rithm Capital (NRZ)

Shares +9% · +14.0% of the fund

Fortress Investment Group Added Western Midstream (WES)

Shares +11% · +12.5% of the fund

Fortress Investment Group New Cheniere Energy, Inc. (LNG)

New position · +11.5% of the fund

Fortress Investment Group Added Blue Owl Capital Inc. (OWL)

Shares +14% · +10.5% of the fund

Fortress Investment Group Added Ares Management (ARES)

Shares +8% · +10.5% of the fund

ExodusPoint Capital Management Added Broadcom (AVGO)

Shares +31% · +17.5% of the fund

ExodusPoint Capital Management Added Arista Networks (ANET)

Shares +24% · +15.5% of the fund

ExodusPoint Capital Management New Vistra Corp. (VST)

New position · +14.5% of the fund

ExodusPoint Capital Management Added Nvidia (NVDA)

Shares +18% · +14.0% of the fund

ExodusPoint Capital Management Added JPMorgan Chase (JPM)

Shares +12% · +13.0% of the fund

ExodusPoint Capital Management Added Lilly (Eli) (LLY)

Shares +9% · +13.0% of the fund

ExodusPoint Capital Management New Goldman Sachs (GS)

New position · +12.5% of the fund

Citadel GQS (Global Quantitative Strategies) Added Nvidia (NVDA)

Shares +16% · +20.5% of the fund

Citadel GQS (Global Quantitative Strategies) Added Microsoft (MSFT)

Shares +9% · +18.5% of the fund

Citadel GQS (Global Quantitative Strategies) Added Apple Inc. (AAPL)

Shares +7% · +17.0% of the fund

Citadel GQS (Global Quantitative Strategies) Added Meta Platforms (META)

Shares +13% · +16.0% of the fund

Citadel GQS (Global Quantitative Strategies) Added Broadcom (AVGO)

Shares +19% · +14.5% of the fund

Citadel GQS (Global Quantitative Strategies) Added Costco (COST)

Shares +6% · +13.5% of the fund

Ashler Capital (Citadel Equities Arm) Added Constellation Energy (CEG)

Shares +33% · +22.0% of the fund

Ashler Capital (Citadel Equities Arm) Added GE Vernova (GEV)

Shares +25% · +19.5% of the fund

Ashler Capital (Citadel Equities Arm) Added Eaton Corporation (ETN)

Shares +14% · +17.5% of the fund

Ashler Capital (Citadel Equities Arm) New Quanta Services (PWR)

New position · +15.0% of the fund

Ashler Capital (Citadel Equities Arm) Added United Rentals (URI)

Shares +9% · +13.5% of the fund

Ashler Capital (Citadel Equities Arm) Added Trane Technologies (TT)

Shares +11% · +12.5% of the fund

Schonfeld Strategic Advisors Added Vistra Corp. (VST)

Shares +25% · +20.5% of the fund

Schonfeld Strategic Advisors New Talen Energy (TLN)

New position · +18.5% of the fund

Schonfeld Strategic Advisors Added Palo Alto Networks (PANW)

Shares +14% · +17.0% of the fund

Schonfeld Strategic Advisors Added ServiceNow (NOW)

Shares +11% · +15.5% of the fund

Schonfeld Strategic Advisors Added Goldman Sachs (GS)

Shares +16% · +14.5% of the fund

Schonfeld Strategic Advisors Added KKR & Co. (KKR)

Shares +13% · +14.0% of the fund

EverPoint Asset Management (Point72 Arm) Added Uber (UBER)

Shares +21% · +21.5% of the fund

EverPoint Asset Management (Point72 Arm) Added DoorDash (DASH)

Shares +18% · +19.0% of the fund

EverPoint Asset Management (Point72 Arm) Added Boston Scientific (BSX)

Shares +14% · +17.5% of the fund

EverPoint Asset Management (Point72 Arm) Added Intuitive Surgical (ISRG)

Shares +9% · +15.5% of the fund

EverPoint Asset Management (Point72 Arm) Added Booking Holdings (BKNG)

Shares +7% · +14.0% of the fund

EverPoint Asset Management (Point72 Arm) New Spotify Technology S.A. (SPOT)

New position · +12.5% of the fund

Eisler Capital New GE Vernova (GEV)

New position · +21.5% of the fund

Eisler Capital Added Eaton Corporation (ETN)

Shares +22% · +18.5% of the fund

Eisler Capital Added Microsoft (MSFT)

Shares +11% · +16.5% of the fund

Eisler Capital Added Meta Platforms (META)

Shares +9% · +15.5% of the fund

Eisler Capital Added Taiwan Semiconductor Mfg. (TSM)

Shares +16% · +14.5% of the fund

Eisler Capital New Quanta Services (PWR)

New position · +13.5% of the fund

Duquesne Family Office Added Natera, Inc. (NTRA)

Shares +14% · +24.8% of the fund

Duquesne Family Office New Coherent Corp. (COHR)

New position · +19.0% of the fund

Duquesne Family Office Added Coupang, Inc. (CPNG)

Shares +9% · +16.5% of the fund

Duquesne Family Office Added Woodward, Inc. (WWD)

Shares +12% · +14.2% of the fund

Duquesne Family Office Added Teva Pharmaceutical Industries (TEVA)

Shares +22% · +13.2% of the fund

Duquesne Family Office Added Taiwan Semiconductor Mfg. (TSM)

Shares +18% · +12.3% of the fund

Corbets Capital (Balyasny L/S Arm) New Credo Technology Group Holding (CRDO)

New position · +20.5% of the fund

Corbets Capital (Balyasny L/S Arm) Added Howmet Aerospace (HWM)

Shares +23% · +19.0% of the fund

Corbets Capital (Balyasny L/S Arm) Added GE Aerospace (GE)

Shares +16% · +17.5% of the fund

Corbets Capital (Balyasny L/S Arm) Added KKR & Co. (KKR)

Shares +14% · +15.5% of the fund

Corbets Capital (Balyasny L/S Arm) Added Apollo Global Management (APO)

Shares +12% · +14.5% of the fund

Corbets Capital (Balyasny L/S Arm) Added Woodward, Inc. (WWD)

Shares +10% · +13.0% of the fund

Capula Investment Management Added iShares Bitcoin Trust ETF (IBIT)

Shares +29% · +26.0% of the fund

Capula Investment Management Added SPDR Gold Shares (GLD)

Shares +18% · +21.0% of the fund

Capula Investment Management Added iShares 20+ Year Treasury Bond ETF (TLT)

Shares +14% · +19.0% of the fund

Capula Investment Management Added SPDR S&P 500 ETF Trust (SPY)

Shares +7% · +18.0% of the fund

Capula Investment Management New QQQ (QQQ)

New position · +16.0% of the fund

Coatue Management Added Meta Platforms (META)

Shares +7% · +24.9% of the fund

Coatue Management Added Taiwan Semiconductor Mfg. (TSM)

Shares +16% · +22.5% of the fund

Coatue Management Added Astera Labs, Inc. (ALAB)

Shares +34% · +18.9% of the fund

Coatue Management Added Amazon (AMZN)

Shares +5% · +17.9% of the fund

Coatue Management Added Constellation Energy (CEG)

Shares +21% · +15.7% of the fund

Pershing Square Added Brookfield Corporation (BN)

Shares +18% · +28.1% of the fund

Pershing Square Added Uber (UBER)

Shares +14% · +25.6% of the fund

Pershing Square Trimmed Hilton Worldwide (HLT)

Shares -5% · +24.0% of the fund

Pershing Square Added Alphabet Inc. (Class A) (GOOGL)

Shares +6% · +22.3% of the fund

Viking Global Trimmed Taiwan Semiconductor Mfg. (TSM)

Shares -29% · +4.3% of the fund

Viking Global Added Air Products (APD)

Shares +16% · +4.0% of the fund

Viking Global Added Sherwin-Williams (SHW)

Shares +25% · +3.8% of the fund

Viking Global Trimmed Fortive (FTV)

Shares -11% · +3.5% of the fund

Viking Global Added Meta Platforms (META)

Shares +76% · +3.0% of the fund

Viking Global Trimmed Charles Schwab Corporation (SCHW)

Shares -27% · +2.8% of the fund

Viking Global Sold out Apple Inc. (AAPL)

Position closed

Viking Global Sold out CSX Corporation (CSX)

Position closed

ValueAct Added Rocket Companies, Inc. (RKT)

Shares +48% · +11.6% of the fund

ValueAct Added BlackRock (BLK)

Shares +7% · +9.9% of the fund

ValueAct Added Toast, Inc. (TOST)

Shares +10% · +7.0% of the fund

ValueAct Added KKR & Co. (KKR)

Shares +8% · +5.8% of the fund

ValueAct Added Spotify Technology S.A. (SPOT)

Shares +47% · +4.3% of the fund

ValueAct Trimmed Liberty Live Holdings, Inc. - S (LLYVK)

Shares -39% · +4.1% of the fund

ValueAct Trimmed Simpson Manufacturing (SSD)

Shares -41% · +3.1% of the fund

ValueAct Sold out Walt Disney Company (The) (DIS)

Position closed

Valley Forge Capital Trimmed Fair Isaac (FICO)

Shares -13% · +25.8% of the fund

Valley Forge Capital Trimmed S&P Global (SPGI)

Shares -13% · +19.9% of the fund

Valley Forge Capital Trimmed Mastercard (MA)

Shares -28% · +17.6% of the fund

Valley Forge Capital Trimmed Visa Inc. (V)

Shares -23% · +5.1% of the fund

Tiger Global Trimmed Taiwan Semiconductor Mfg. (TSM)

Shares -12% · +9.7% of the fund

Tiger Global Trimmed Amazon (AMZN)

Shares -3% · +9.6% of the fund

Tiger Global Trimmed Nvidia (NVDA)

Shares -7% · +9.3% of the fund

Tiger Global Trimmed Alphabet Inc. (Class A) (GOOGL)

Shares -45% · +8.7% of the fund

Tiger Global Trimmed Meta Platforms (META)

Shares -9% · +6.6% of the fund

Tiger Global Trimmed Lam Research (LRCX)

Shares -19% · +5.7% of the fund

Tiger Global Sold out AppLovin (APP)

Position closed

Tiger Global Sold out Zillow Group, Inc. (Z)

Position closed

Third Point Trimmed Amazon (AMZN)

Shares -10% · +10.4% of the fund

Third Point Added Alphabet Inc. (Class A) (GOOGL)

Shares +486% · +9.1% of the fund

Third Point Added CRH plc (CRH)

Shares +16% · +5.8% of the fund

Third Point Trimmed Telephone and Data Systems, Inc. (TDS)

Shares -5% · +5.8% of the fund

Third Point Added Taiwan Semiconductor Mfg. (TSM)

Shares +67% · +5.5% of the fund

Third Point Added Live Nation Entertainment (LYV)

Shares +144% · +5.2% of the fund

Third Point Sold out Meta Platforms (META)

Position closed

Third Point Sold out SPDR Gold Shares (GLD)

Position closed

TCI Fund Management Trimmed Canadian Pacific Kansas City Li (CP)

Shares -3% · +7.4% of the fund

TCI Fund Management Added Alphabet Inc. (Class C) (GOOG)

Shares +12% · +6.7% of the fund

TCI Fund Management Trimmed Canadian National Railway Compa (CNI)

Shares -4% · +2.1% of the fund

TCI Fund Management New Martin Marietta Materials (MLM)

New position · +1.4% of the fund

TCI Fund Management New Vulcan Materials Company (VMC)

New position · +1.4% of the fund

TCI Fund Management Sold out Microsoft (MSFT)

Position closed

Stockbridge Partners Trimmed Taiwan Semiconductor Mfg. (TSM)

Shares -4% · +20.8% of the fund

Stockbridge Partners Added Alphabet Inc. (Class A) (GOOGL)

Shares +28% · +9.4% of the fund

Stockbridge Partners Trimmed Amazon (AMZN)

Shares -28% · +8.9% of the fund

Stockbridge Partners Added Liberty Media Corporation - Ser (FWONK)

Shares +395% · +7.2% of the fund

Stockbridge Partners Trimmed Vulcan Materials Company (VMC)

Shares -7% · +6.6% of the fund

Stockbridge Partners Trimmed Nvidia (NVDA)

Shares -15% · +5.5% of the fund

Stockbridge Partners Sold out KLA Corporation (KLAC)

Position closed

Stockbridge Partners Sold out Microsoft (MSFT)

Position closed

Semper Augustus Added Berkshire Hathaway (BRK-B)

Shares +8% · +15.5% of the fund

Semper Augustus Added Alaska Air Group (ALK)

Shares +6% · +10.6% of the fund

Semper Augustus Added Berkshire Hathaway Inc. (BRK-A)

Shares +3% · +10.2% of the fund

Semper Augustus Added Dollar General (DG)

Shares +3% · +8.7% of the fund

Semper Augustus Added Dollar Tree (DLTR)

Shares +3% · +7.2% of the fund

Semper Augustus Added Builders FirstSource, Inc. (BLDR)

Shares +143% · +5.6% of the fund

Semper Augustus Added Olin Corporation (OLN)

Shares +6% · +4.8% of the fund

Semper Augustus Sold out Flex Ltd. (FLEX)

Position closed

Sachem Head Trimmed Talen Energy (TLN)

Shares -11% · +10.9% of the fund

Sachem Head New Seagate Technology (STX)

New position · +9.5% of the fund

Sachem Head Added Primo Brands Corporation (PRMB)

Shares +4% · +9.0% of the fund

Sachem Head New MKS Instruments (MKSI)

New position · +7.5% of the fund

Sachem Head Trimmed Dick's Sporting Goods (DKS)

Shares -7% · +7.0% of the fund

Sachem Head Added Carvana (CVNA)

Shares +466% · +6.1% of the fund

Sachem Head Sold out EchoStar (ECHO)

Position closed

Sachem Head Sold out Weatherford International (WFRD)

Position closed

Ruane Cunniff (Sequoia) Trimmed Alphabet Inc. (Class A) (GOOGL)

Shares -6% · +11.1% of the fund

Ruane Cunniff (Sequoia) Trimmed Taiwan Semiconductor Mfg. (TSM)

Shares -3% · +8.7% of the fund

Ruane Cunniff (Sequoia) Trimmed Liberty Media Corporation - Ser (FWONK)

Shares -2% · +7.7% of the fund

Ruane Cunniff (Sequoia) Trimmed Charles Schwab Corporation (SCHW)

Shares -3% · +6.6% of the fund

Ruane Cunniff (Sequoia) Trimmed Capital One (COF)

Shares -3% · +6.1% of the fund

Ruane Cunniff (Sequoia) Trimmed Elevance Health (ELV)

Shares -29% · +5.9% of the fund

Ruane Cunniff (Sequoia) Added ICON plc (ICLR)

Shares +25% · +5.5% of the fund

Ruane Cunniff (Sequoia) Trimmed Alphabet Inc. (Class C) (GOOG)

Shares -3% · +5.1% of the fund

Point72 Trimmed Credo Technology Group Holding (CRDO)

Shares -18% · +2.7% of the fund

Point72 Trimmed Amazon (AMZN)

Shares -10% · +1.7% of the fund

Point72 Added MKS Instruments (MKSI)

Shares +24% · +1.4% of the fund

Point72 Trimmed Arista Networks (ANET)

Shares -21% · +1.4% of the fund

Point72 Added Seagate Technology (STX)

Shares +51% · +1.3% of the fund

Point72 Trimmed Advanced Micro Devices (AMD)

Shares -6% · +1.2% of the fund

Point72 Sold out Parker Hannifin (PH)

Position closed

Point72 Sold out Ross Stores (ROST)

Position closed

Lone Pine New Nebius Group N.V. (NBIS)

New position · +7.2% of the fund

Lone Pine Trimmed ASML Holding N.V. - New York Re (ASML)

Shares -13% · +6.9% of the fund

Lone Pine New Seagate Technology (STX)

New position · +5.9% of the fund

Lone Pine New Home Depot (The) (HD)

New position · +5.6% of the fund

Lone Pine New Applied Materials (AMAT)

New position · +5.3% of the fund

Lone Pine Added Medline Inc. (MDLN)

Shares +78% · +5.1% of the fund

Lone Pine Sold out Vistra Corp. (VST)

Position closed

Lone Pine Sold out Talen Energy (TLN)

Position closed

Light Street Trimmed Advanced Micro Devices (AMD)

Shares -50% · +7.5% of the fund

Light Street New Astera Labs, Inc. (ALAB)

New position · +7.1% of the fund

Light Street Added GitLab Inc. (GTLB)

Shares +66% · +7.0% of the fund

Light Street Added Broadcom (AVGO)

Shares +2% · +6.8% of the fund

Light Street Added Amkor Technology (AMKR)

Shares +47% · +6.0% of the fund

Light Street Trimmed JFrog Ltd. (FROG)

Shares -11% · +5.5% of the fund

Light Street Sold out Bill Holdings (BILL)

Position closed

Light Street Sold out Samsara Inc. (IOT)

Position closed

Himalaya Capital Added PDD Holdings Inc. (PDD)

Shares +134% · +22.2% of the fund

Himalaya Capital Added Berkshire Hathaway (BRK-B)

Shares +23% · +15.0% of the fund

Himalaya Capital Sold out Bank of America (BAC)

Position closed

Himalaya Capital Sold out Occidental Petroleum (OXY)

Position closed

Himalaya Capital Sold out S&P Global (SPGI)

Position closed

Himalaya Capital Sold out H&R Block (HRB)

Position closed

Himalaya Capital Sold out Moody's Corporation (MCO)

Position closed

Himalaya Capital Sold out MSCI (MSCI)

Position closed

H&H International Trimmed Apple Inc. (AAPL)

Shares -6% · +63.4% of the fund

H&H International Added PDD Holdings Inc. (PDD)

Shares +27% · +15.4% of the fund

H&H International Trimmed Nvidia (NVDA)

Shares -55% · +10.2% of the fund

H&H International Trimmed Alphabet Inc. (Class C) (GOOG)

Shares -47% · +5.6% of the fund

H&H International Trimmed Microsoft (MSFT)

Shares -26% · +2.3% of the fund

H&H International Trimmed Credo Technology Group Holding (CRDO)

Shares -7% · +1.5% of the fund

H&H International Added Walt Disney Company (The) (DIS)

Shares +13% · +1.3% of the fund

H&H International New Alibaba Group Holding Limited (BABA)

New position · +0.2% of the fund

Greenlight (DME Capital) Added Core Natural Resources, Inc. (CNR)

Shares +23% · +4.7% of the fund

Greenlight (DME Capital) Trimmed Acadia Healthcare (ACHC)

Shares -3% · +3.4% of the fund

Greenlight (DME Capital) Trimmed Penn Entertainment (PENN)

Shares -3% · +3.3% of the fund

Greenlight (DME Capital) New Fortune Brands Innovations (FBIN)

New position · +3.2% of the fund

Greenlight (DME Capital) Trimmed Centene Corporation (CNC)

Shares -40% · +2.8% of the fund

Greenlight (DME Capital) Added Graphic Packaging (GPK)

Shares +9% · +2.7% of the fund

Greenlight (DME Capital) Sold out Victoria's Secret (VSXY)

Position closed

Greenlight (DME Capital) Sold out SLM Corp (SLM)

Position closed

Glenview Capital Added Global Payments (GPN)

Shares +40% · +12.9% of the fund

Glenview Capital Trimmed CVS Health (CVS)

Shares -41% · +10.0% of the fund

Glenview Capital Added Tenet Health (THC)

Shares +47% · +8.4% of the fund

Glenview Capital Added Thermo Fisher Scientific (TMO)

Shares +150% · +6.3% of the fund

Glenview Capital Added Amazon (AMZN)

Shares +20% · +6.1% of the fund

Glenview Capital New Agilent Technologies (A)

New position · +5.2% of the fund

Glenview Capital Sold out DXC Technology (DXC)

Position closed

Glenview Capital Sold out ZoomInfo (GTM)

Position closed

Giverny Capital Added Charles Schwab Corporation (SCHW)

Shares +9% · +53.1% of the fund

Giverny Capital New New York Times Company (NYT)

New position · +11.6% of the fund

Giverny Capital New MSA Safety (MSA)

New position · +9.9% of the fund

Giverny Capital New Watsco (WSO)

New position · +9.4% of the fund

Giverny Capital New Veeva Systems (VEEV)

New position · +5.8% of the fund

Giverny Capital New American Express (AXP)

New position · +5.4% of the fund

Giverny Capital New Hawkins, Inc. (HWKN)

New position · +4.6% of the fund

Giverny Capital New QQQ (QQQ)

New position · +0.1% of the fund

Gates Foundation Trust Trimmed Berkshire Hathaway (BRK-B)

Shares -14% · +53.1% of the fund

Gates Foundation Trust Trimmed Waste Management (WM)

Shares -3% · +43.0% of the fund

Gates Foundation Trust New Home Depot (The) (HD)

New position · +2.5% of the fund

Gates Foundation Trust New FedEx Freight (FDXF)

New position · +1.3% of the fund

Fundsmith Trimmed Marriott International (MAR)

Shares -23% · +7.0% of the fund

Fundsmith Trimmed Stryker Corporation (SYK)

Shares -5% · +6.7% of the fund

Fundsmith Trimmed Waters Corporation (WAT)

Shares -29% · +6.2% of the fund

Fundsmith Trimmed Visa Inc. (V)

Shares -35% · +5.1% of the fund

Fundsmith New Uber (UBER)

New position · +4.7% of the fund

Fundsmith New Mastercard (MA)

New position · +4.7% of the fund

Fundsmith Sold out Mettler Toledo (MTD)

Position closed

Fundsmith Sold out Zoetis (ZTS)

Position closed

Fairfax Financial New Orla Mining Ltd. (ORLA)

New position · +21.6% of the fund

Fairfax Financial New Eldorado Gold Corporation (EGO)

New position · +16.2% of the fund

Fairfax Financial Added Kraft Heinz (KHC)

Shares +172% · +12.8% of the fund

Fairfax Financial Added Under Armour (Class A) (UAA)

Shares +5% · +11.0% of the fund

Fairfax Financial Added Molson Coors Beverage Company (TAP)

Shares +39% · +2.9% of the fund

Fairfax Financial Added The Wendy's Company (WEN)

Shares +145% · +2.5% of the fund

Fairfax Financial Sold out BlackBerry Limited (BB)

Position closed

Fairfax Financial Sold out Priority Technology Holdings, I (PRTH)

Position closed

Elliott Trimmed Suncor Energy Inc. (SU)

Shares -44% · +11.1% of the fund

Elliott Added Hewlett Packard Enterprise (HPE)

Shares +18% · +10.2% of the fund

Elliott Trimmed Southwest Airlines (LUV)

Shares -20% · +8.7% of the fund

Elliott Added Norwegian Cruise Line Holdings (NCLH)

Shares +11% · +2.2% of the fund

Elliott Trimmed Seadrill Limited (SDRL)

Shares -6% · +1.2% of the fund

Elliott New Synopsys (SNPS)

New position · +0.7% of the fund

Elliott Sold out Crown Castle (CCI)

Position closed

Elliott Sold out Liberty Capital Corporation - S (GLIBK)

Position closed

Durable Capital Trimmed RBC Bearings (RBC)

Shares -25% · +10.7% of the fund

Durable Capital Trimmed DoorDash (DASH)

Shares -3% · +7.5% of the fund

Durable Capital Trimmed Qnity Electronics (Q)

Shares -11% · +7.2% of the fund

Durable Capital Added Ferguson Enterprises (FERG)

Shares +36% · +6.9% of the fund

Durable Capital Trimmed MercadoLibre, Inc. (MELI)

Shares -12% · +5.1% of the fund

Durable Capital Trimmed APi Group (APG)

Shares -18% · +5.0% of the fund

Durable Capital Sold out iShares Russell 2000 Index Fund (IWM)

Position closed

Durable Capital Sold out Clear Secure, Inc. (YOU)

Position closed

D1 Capital New Space Exploration Technologies (SPCX)

New position · +61.9% of the fund

D1 Capital Trimmed James Hardie Industries plc. (JHX)

Shares -3% · +2.1% of the fund

D1 Capital Added Nu Holdings Ltd. (NU)

Shares +72% · +1.7% of the fund

D1 Capital Added Johnson Controls (JCI)

Shares +207% · +1.6% of the fund

D1 Capital Trimmed MercadoLibre, Inc. (MELI)

Shares -26% · +1.4% of the fund

D1 Capital Added US Foods (USFD)

Shares +5% · +1.3% of the fund

D1 Capital Sold out Knight-Swift (KNX)

Position closed

D1 Capital Sold out Broadcom (AVGO)

Position closed

Brave Warrior Added ICON plc (ICLR)

Shares +5% · +64.8% of the fund

Brave Warrior New Arthur J. Gallagher & Co. (AJG)

New position · +34.9% of the fund

Brave Warrior New S&P Global (SPGI)

New position · +0.1% of the fund

Brave Warrior New Nu Holdings Ltd. (NU)

New position · +0.1% of the fund

Brave Warrior New Texas Instruments (TXN)

New position · +0.0% of the fund

Brave Warrior New Analog Devices (ADI)

New position · +0.0% of the fund

Brave Warrior New Visa Inc. (V)

New position · +0.0% of the fund

Brave Warrior New UnitedHealth Group (UNH)

New position · +0.0% of the fund

Blackstone Alternative Asset Mgmt (BAAM & Senfina Arm) New Space Exploration Technologies (SPCX)

New position · +36.6% of the fund

Blackstone Alternative Asset Mgmt (BAAM & Senfina Arm) New Digital Realty (DLR)

New position · +30.5% of the fund

Blackstone Alternative Asset Mgmt (BAAM & Senfina Arm) New Liftoff Mobile, Inc. (LFTO)

New position · +27.8% of the fund

Blackstone Alternative Asset Mgmt (BAAM & Senfina Arm) New AVB (AVB)

New position · +2.7% of the fund

Blackstone Alternative Asset Mgmt (BAAM & Senfina Arm) New CoreWeave, Inc. (CRWV)

New position · +0.9% of the fund

Blackstone Alternative Asset Mgmt (BAAM & Senfina Arm) New Cerebras Systems Inc. (CBRS)

New position · +0.7% of the fund

Blackstone Alternative Asset Mgmt (BAAM & Senfina Arm) New Spdr Series Trust (XHB)

New position · +0.4% of the fund

Blackstone Alternative Asset Mgmt (BAAM & Senfina Arm) New Artiva Biotherapeutics, Inc. (ARTV)

New position · +0.3% of the fund

Berkshire Hathaway Added Alphabet Inc. (Class A) (GOOGL)

Shares +45% · +9.4% of the fund

Berkshire Hathaway Trimmed Bank of America (BAC)

Shares -6% · +9.2% of the fund

Berkshire Hathaway Added Alphabet Inc. (Class C) (GOOG)

Shares +658% · +3.2% of the fund

Berkshire Hathaway Trimmed DaVita (DVA)

Shares -4% · +2.1% of the fund

Berkshire Hathaway Added Delta Air Lines (DAL)

Shares +44% · +1.8% of the fund

Berkshire Hathaway Trimmed Kroger (KR)

Shares -22% · +0.7% of the fund

Berkshire Hathaway Trimmed Ally Financial (ALLY)

Shares -7% · +0.4% of the fund

Berkshire Hathaway Sold out Constellation Brands (STZ)

Position closed

Appaloosa Added Amazon (AMZN)

Shares +16% · +16.0% of the fund

Appaloosa Trimmed Micron Technology (MU)

Shares -41% · +15.1% of the fund

Appaloosa Added Taiwan Semiconductor Mfg. (TSM)

Shares +24% · +10.5% of the fund

Appaloosa Added Alphabet Inc. (Class C) (GOOG)

Shares +7% · +8.7% of the fund

Appaloosa Added Uber (UBER)

Shares +21% · +7.4% of the fund

Appaloosa Added Meta Platforms (META)

Shares +55% · +5.1% of the fund

Appaloosa Sold out Sandisk (SNDK)

Position closed

Appaloosa Sold out Corning Inc. (GLW)

Position closed

Altimeter New Cerebras Systems Inc. (CBRS)

New position · +16.2% of the fund

Altimeter Trimmed Meta Platforms (META)

Shares -31% · +7.8% of the fund

Altimeter Added Taiwan Semiconductor Mfg. (TSM)

Shares +5% · +6.9% of the fund

Altimeter Added CoreWeave, Inc. (CRWV)

Shares +35% · +6.2% of the fund

Altimeter Trimmed Arm Holdings plc (ARM)

Shares -4% · +5.9% of the fund

Altimeter Added Amazon (AMZN)

Shares +16% · +5.9% of the fund

Altimeter Sold out Axon Enterprise (AXON)

Position closed

Altimeter Sold out Broadcom (AVGO)

Position closed

Akre Capital Trimmed Mastercard (MA)

Shares -13% · +20.0% of the fund

Akre Capital Trimmed Moody's Corporation (MCO)

Shares -7% · +10.3% of the fund

Akre Capital Trimmed Brookfield Corporation (BN)

Shares -29% · +10.1% of the fund

Akre Capital Trimmed KKR & Co. (KKR)

Shares -26% · +9.0% of the fund

Akre Capital Trimmed Roper Technologies (ROP)

Shares -6% · +7.8% of the fund

Akre Capital Trimmed Visa Inc. (V)

Shares -32% · +7.5% of the fund

Akre Capital Added CoStar Group (CSGP)

Shares +13% · +6.5% of the fund

Akre Capital Trimmed O'Reilly Automotive (ORLY)

Shares -44% · +3.9% of the fund

ARK Invest New Space Exploration Technologies (SPCX)

New position · +64.0% of the fund

ARK Invest New Cerebras Systems Inc. (CBRS)

New position · +14.1% of the fund

ARK Invest New XE (XE)

New position · +8.3% of the fund

ARK Invest New Snowflake Inc. (SNOW)

New position · +5.7% of the fund

ARK Invest New Alphabet Inc. (Class A) (GOOGL)

New position · +4.2% of the fund

ARK Invest New Alamar Biosciences, Inc. (ALMR)

New position · +3.1% of the fund

ARK Invest New Honeywell Aerospace (HONA)

New position · +0.4% of the fund

ARK Invest New Octave Intelligence plc (OCTV)

New position · +0.0% of the fund

AQR Capital Management New FedEx Freight (FDXF)

New position · +24.7% of the fund

AQR Capital Management New Honeywell Technologies (HON)

New position · +21.3% of the fund

AQR Capital Management New Honeywell Aerospace (HONA)

New position · +21.0% of the fund

AQR Capital Management New OGC (OGC)

New position · +12.3% of the fund

AQR Capital Management New Thomson Reuters Corp (TRI)

New position · +9.3% of the fund

AQR Capital Management New AVB (AVB)

New position · +6.7% of the fund

AQR Capital Management New Ishares Inc (EWJ)

New position · +3.1% of the fund

AQR Capital Management New Versigent PLC (VGNT)

New position · +1.5% of the fund

Gardner Russo & Quinn Trimmed Alphabet Inc. (Class C) (GOOG)

Shares -9% · +33.9% of the fund

Gardner Russo & Quinn Trimmed Mastercard (MA)

Shares -2% · +24.6% of the fund

Gardner Russo & Quinn Trimmed Compagnie Financiere Richemont (CFRHF)

Shares -3% · +24.3% of the fund

Gardner Russo & Quinn Added Eurofins Scientific Nante (ERFSF)

Shares +32% · +10.1% of the fund

Gardner Russo & Quinn Added DoorDash (DASH)

Shares +18% · +6.9% of the fund

Gardner Russo & Quinn Added ALK-ABELLO A/S (AKBLF)

Shares +6% · +0.1% of the fund

Gardner Russo & Quinn Added DE LONGHI SPA (DELHF)

Shares +9% · +0.1% of the fund

Gardner Russo & Quinn Added Carlsberg AS (CABJF)

Shares +3% · +0.0% of the fund

Baupost Group Added Amazon (AMZN)

Shares +20% · +16.5% of the fund

Baupost Group Trimmed Restaurant Brands International (QSR)

Shares -16% · +9.0% of the fund

Baupost Group Added Alphabet Inc. (Class C) (GOOG)

Shares +16% · +9.0% of the fund

Baupost Group Added Genuine Parts Company (GPC)

Shares +89% · +6.1% of the fund

Baupost Group Trimmed Union Pacific Corporation (UNP)

Shares -23% · +6.0% of the fund

Baupost Group Trimmed WESCO International (WCC)

Shares -54% · +4.2% of the fund

Baupost Group Sold out Willis Towers Watson (WTW)

Position closed

Baupost Group Sold out Vaxcyte, Inc. (PCVX)

Position closed

Abrams Capital Trimmed Alphabet Inc. (Class A) (GOOGL)

Shares -27% · +100.0% of the fund

Trian Added GE HealthCare (GEHC)

Shares +76194% · +6.8% of the fund

Trian Trimmed Invesco (IVZ)

Shares -45% · +1.5% of the fund

Markel Group Added Watsco (WSO)

Shares +3% · +39.8% of the fund

Markel Group Added Franco-Nevada Corporation (FNV)

Shares +9% · +25.7% of the fund

Markel Group Added Linde plc (LIN)

Shares +5% · +17.9% of the fund

Markel Group Added Tyson Foods (TSN)

Shares +3% · +8.4% of the fund

Markel Group Added Union Pacific Corporation (UNP)

Shares +7% · +7.0% of the fund

Markel Group New Zoetis (ZTS)

New position · +0.8% of the fund

Markel Group New Netflix (NFLX)

New position · +0.5% of the fund

Markel Group New UFP Industries (UFPI)

New position · +0.1% of the fund

Lindsell Train Trimmed Alphabet Inc. (Class A) (GOOGL)

Shares -25% · +17.5% of the fund

Lindsell Train Trimmed TKO Group Holdings (TKO)

Shares -14% · +16.1% of the fund

Lindsell Train Trimmed Fair Isaac (FICO)

Shares -9% · +10.3% of the fund

Lindsell Train Trimmed Thermo Fisher Scientific (TMO)

Shares -17% · +9.8% of the fund

Lindsell Train Trimmed Walt Disney Company (The) (DIS)

Shares -19% · +9.5% of the fund

Lindsell Train Trimmed Intuit (INTU)

Shares -9% · +6.6% of the fund

Lindsell Train Trimmed Mondelez International (MDLZ)

Shares -28% · +5.6% of the fund

Lindsell Train Sold out Colgate-Palmolive (CL)

Position closed

Scion Asset Management New Molina Healthcare (MOH)

New position · +43.5% of the fund

Scion Asset Management Added Lululemon Athletica (LULU)

Shares +100% · +32.4% of the fund

Scion Asset Management New SLM Corp (SLM)

New position · +24.2% of the fund

Scion Asset Management Sold out Estée Lauder Companies (The) (EL)

Position closed

Scion Asset Management Sold out Bruker (BRKR)

Position closed

Scion Asset Management Sold out Regeneron Pharmaceuticals (REGN)

Position closed

Scion Asset Management Sold out MercadoLibre, Inc. (MELI)

Position closed

Scion Asset Management Sold out UnitedHealth Group (UNH)

Position closed