The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BIO RAD LABS INC CL A 090572207 BBG000DY28W5 91,495,412 264,537 SH   DFND 1 0 264,537 0
BOOKING HOLDINGS INC COM 09857L108 BBG000BLBVN4 9,980,298 2,751 SH   DFND 1 0 2,751 0
CAL MAINE FOODS INC COM NEW 128030202 BBG000CDMJW6 5,541,846 94,169 SH   DFND 1 0 94,169 0
DANAHER CORPORATION COM 235851102 BBG000BH3JF8 11,733,843 46,988 SH   DFND 1 0 46,988 0
FISERV INC COM 337738108 BBG000BJKPG0 10,168,867 63,627 SH   DFND 1 0 63,627 0
FTC SOLAR INC COM 30320C103 BBG00ZV1WWB7 295,314 547,892 SH   DFND 1 0 547,892 0
GOLAR LNG LTD SHS G9456A100 BBG000K14TT5 45,401,773 1,887,023 SH   DFND 1 0 1,887,023 0
HCA HEALTHCARE INC COM 40412C101 BBG000QW7VC1 26,216,459 78,603 SH   DFND 1 0 78,603 0
ISHARES BITCOIN TR SHS 46438F101 BBG01KYQ6PV3 24,884,234 614,881 SH   DFND 1,2 0 614,881 0
KIRBY CORP COM 497266106 BBG000BMQCP6 21,436,515 224,890 SH   DFND 1 0 224,890 0
MICROSOFT CORP COM 594918104 BBG000BPH459 23,136,234 54,992 SH   DFND 1 0 54,992 0
MOHAWK INDS INC COM 608190104 BBG000FLZN98 15,605,098 119,223 SH   DFND 1 0 119,223 0
VANGUARD WORLD FD UTILITIES ETF 92204A876 BBG000HX1FV9 12,442,386 87,266 SH   DFND 1,2 0 87,266 0
WILLSCOT MOBIL MINI HLDNG CO COM CL A 971378104 BBG00B0FS947 17,671,023 380,022 SH   DFND 1 0 380,022 0
WORKDAY INC CL A 98138H101 BBG000VC0T95 19,479,260 71,418 SH   DFND 1 0 71,418 0