Kempen Capital Management 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBOTT LABS COM	COM	002824100	4,560,090	43,885	SH		SOLE		43,885	0	0
ACCENTURE PLC IRELAND SHS CLASS A	SHS CLASS A	G1151C101	21,498,116	70,855	SH		SOLE		70,855	0	0
ADOBE INC COM	COM	00724F101	30,088,047	54,160	SH		SOLE		54,160	0	0
AERCAP HOLDINGS NV SHS	SHS	N00985106	591,074	6,342	SH		SOLE		6,342	0	0
ALEXANDRIA REAL ESTATE EQ IN COM	COM	015271109	13,967,856	119,414	SH		SOLE		57,148	0	62,266
ALPHABET INC CAP STK CL A	CL A	02079K305	559,451,867	3,071,380	SH		SOLE		1,279,229	0	1,792,151
AMAZON COM INC COM	COM	023135106	293,447,033	1,518,484	SH		SOLE		726,291	0	792,193
AMEDISYS INC COM	COM	023436108	24,127,335	262,825	SH		SOLE		211,885	0	50,940
AMERICAN ELEC PWR CO INC COM	COM	025537101	3,629,716	41,369	SH		SOLE		41,369	0	0
AMERICAN EXPRESS CO COM	COM	025816109	13,751,986	59,391	SH		SOLE		59,391	0	0
AMERICAN HOMES 4 RENT CL A	CL A	02665T306	53,420,027	1,437,568	SH		SOLE		1,052,108	0	385,460
AMERICAN TOWER CORP NEW COM	COM	03027X100	8,109,339	41,719	SH		SOLE		41,719	0	0
AMERICAN WTR WKS CO INC NEW COM	COM	030420103	20,138,240	155,917	SH		SOLE		155,917	0	0
AMERICOLD REALTY TRUST INC COM	COM	03064D108	7,232,826	283,196	SH		SOLE		134,790	0	148,406
AMGEN INC COM	COM	031162100	19,038,203	60,932	SH		SOLE		60,932	0	0
ANALOG DEVICES INC COM	COM	032654105	93,203,808	408,323	SH		SOLE		26,643	0	381,680
APPLE INC COM	COM	037833100	91,872,023	436,198	SH		SOLE		436,198	0	0
APPLE HOSPITALITY REIT INC COM NEW	COM NEW	03784Y200	5,062,188	348,156	SH		SOLE		175,212	0	172,944
APPLIED MATLS INC COM	COM	038222105	103,676,779	439,327	SH		SOLE		439,327	0	0
AUTOLIV INC COM	COM	052800109	28,399,426	265,440	SH		SOLE		256,740	0	8,700
AVALONBAY CMNTYS INC COM	COM	053484101	37,549,087	181,493	SH		SOLE		148,589	0	32,904
AVANTOR INC COM	COM	05352A100	61,528,548	2,902,290	SH		SOLE		164,667	0	2,737,623
BANK NEW YORK MELLON CORP COM	COM	064058100	9,580,963	159,976	SH		SOLE		159,976	0	0
BERKSHIRE HATHAWAY INC DEL CL A	CL A	084670108	79,591,330	130	SH		SOLE		0	0	130
BERKSHIRE HATHAWAY INC DEL CL B NEW	CL B NEW	084670702	118,332,425	290,886	SH		SOLE		30,624	0	260,262
BLACKROCK INC COM	COM	09247X101	51,668,663	65,626	SH		SOLE		64,082	0	1,544
BOOKING HOLDINGS INC COM	COM	09857L108	300,293,585	75,803	SH		SOLE		12,444	0	63,359
BRISTOL-MYERS SQUIBB CO COM	COM	110122108	184,061	4,432	SH		SOLE		4,432	0	0
BROADCOM INC COM	COM	11135F101	28,658,710	17,850	SH		SOLE		17,850	0	0
BRUNSWICK CORP COM	COM	117043109	71,524,032	982,878	SH		SOLE		819,626	0	163,252
BUILDERS FIRSTSOURCE INC COM	COM	12008R107	1,147,557	8,291	SH		SOLE		8,291	0	0
CANADIAN PACIFIC KANSAS CITY COM	COM	13646K108	8,938,434	82,963	SH		SOLE		82,963	0	0
CARDINAL HEALTH INC COM	COM	14149Y108	24,301,558	247,168	SH		SOLE		235,110	0	12,058
CARMAX INC COM	COM	143130102	98,516,889	1,343,290	SH		SOLE		330,391	0	1,012,899
CBRE GROUP INC CL A	CL A	12504L109	23,157,016	259,870	SH		SOLE		259,870	0	0
CHENIERE ENERGY INC COM NEW	COM NEW	16411R208	25,312,936	144,786	SH		SOLE		144,786	0	0
CHESAPEAKE ENERGY CORP COM	COM	165167735	14,233,746	173,181	SH		SOLE		173,181	0	0
CHUBB LIMITED COM	COM	H1467J104	93,411,316	366,204	SH		SOLE		82,715	0	283,489
CISCO SYS INC COM	COM	17275R102	48,388,555	1,018,492	SH		SOLE		993,620	0	24,872
CITIGROUP INC COM NEW	COM NEW	172967424	153,640,658	2,421,063	SH		SOLE		503,943	0	1,917,120
CME GROUP INC COM	COM	12572Q105	29,100,142	148,017	SH		SOLE		148,017	0	0
CMS ENERGY CORP COM	COM	125896100	5,510,633	92,569	SH		SOLE		92,569	0	0
COCA COLA CO COM	COM	191216100	21,402,440	336,252	SH		SOLE		336,252	0	0
COSTCO WHSL CORP NEW COM	COM	22160K105	17,977,289	21,150	SH		SOLE		21,150	0	0
COUSINS PPTYS INC COM NEW	COM NEW	222795502	198,233	8,563	SH		SOLE		0	0	8,563
CROCS INC COM	COM	227046109	76,140,692	521,726	SH		SOLE		32,984	0	488,742
DANAHER CORPORATION COM	COM	235851102	97,152,424	388,843	SH		SOLE		143,143	0	245,700
DEERE & CO COM	COM	244199105	42,486,215	113,712	SH		SOLE		113,712	0	0
DIAMONDROCK HOSPITALITY CO COM	COM	252784301	12,673,386	1,499,809	SH		SOLE		1,209,228	0	290,581
DIGITAL RLTY TR INC COM	COM	253868103	1,828,857	12,028	SH		SOLE		5,507	0	6,521
DOMINION ENERGY INC COM	COM	25746U109	4,205,964	85,836	SH		SOLE		85,836	0	0
ECOLAB INC COM	COM	278865100	14,733,628	61,906	SH		SOLE		61,906	0	0
EDISON INTL COM	COM	281020107	4,204,835	58,555	SH		SOLE		58,555	0	0
EDWARDS LIFESCIENCES CORP COM	COM	28176E108	24,109,494	261,010	SH		SOLE		261,010	0	0
ELI LILLY & CO COM	COM	532457108	19,092,653	21,088	SH		SOLE		21,088	0	0
ENCOMPASS HEALTH CORP COM	COM	29261A100	50,233,734	585,543	SH		SOLE		471,980	0	113,563
ENVISTA HOLDINGS CORPORATION COM	COM	29415F104	48,840,913	2,936,916	SH		SOLE		2,369,861	0	567,055
EQUINIX INC COM	COM	29444U700	37,210,345	49,181	SH		SOLE		26,863	0	22,318
LAUDER ESTEE COS INC CL A	CL A	518439104	25,616,226	240,754	SH		SOLE		240,754	0	0
EXTRA SPACE STORAGE INC COM	COM	30225T102	22,612,932	145,505	SH		SOLE		70,514	0	74,991
FEDERAL RLTY INVT TR NEW SH BEN INT NEW	SH BEN INT NEW	313745101	6,300,124	62,396	SH		SOLE		29,335	0	33,061
FERGUSON PLC NEW SHS	SHS	G3421J106	45,756,590	236,285	SH		SOLE		236,285	0	0
FIRST SOLAR INC COM	COM	336433107	39,291,591	174,273	SH		SOLE		140,513	0	33,760
GENTEX CORP COM	COM	371901109	62,473,732	1,853,270	SH		SOLE		1,493,697	0	359,573
GILEAD SCIENCES INC COM	COM	375558103	37,666,067	548,988	SH		SOLE		520,243	0	28,745
GMS INC COM	COM	36251C103	24,601,124	305,187	SH		SOLE		246,138	0	59,049
HEALTHPEAK PROPERTIES INC COM	COM	42250P103	83,083,302	4,238,944	SH		SOLE		3,331,802	0	907,142
HIGHWOODS PPTYS INC COM	COM	431284108	12,784,716	486,666	SH		SOLE		236,432	0	250,234
HOME DEPOT INC COM	COM	437076102	41,377,992	120,201	SH		SOLE		120,201	0	0
HUNTINGTON BANCSHARES INC COM	COM	446150104	9,685,718	734,880	SH		SOLE		592,290	0	142,590
IDEX CORP COM	COM	45167R104	14,454,208	71,840	SH		SOLE		71,840	0	0
ILLINOIS TOOL WKS INC COM	COM	452308109	15,495,525	65,393	SH		SOLE		65,393	0	0
INDEPENDENCE RLTY TR INC COM	COM	45378A106	661,934	35,322	SH		SOLE		0	0	35,322
INTERCONTINENTAL EXCHANGE IN COM	COM	45866F104	15,631,606	114,191	SH		SOLE		114,191	0	0
INVENTRUST PPTYS CORP COM NEW	COM NEW	46124J201	5,310,475	214,478	SH		SOLE		102,788	0	111,690
INVITATION HOMES INC COM	COM	46187W107	20,688,575	576,444	SH		SOLE		278,492	0	297,952
IQVIA HLDGS INC COM	COM	46266C105	34,509,122	163,210	SH		SOLE		163,210	0	0
JABIL INC COM	COM	466313103	64,636,273	594,138	SH		SOLE		479,181	0	114,957
JOHNSON & JOHNSON COM	COM	478160104	125,025,702	855,403	SH		SOLE		233,104	0	622,299
JPMORGAN CHASE & CO. COM	COM	46625H100	40,377,770	199,633	SH		SOLE		199,633	0	0
KENVUE INC COM	COM	49177J102	24,071,538	1,324,067	SH		SOLE		1,259,670	0	64,397
KIMCO RLTY CORP COM	COM	49446R109	16,431,985	844,398	SH		SOLE		409,292	0	435,106
KINDER MORGAN INC DEL COM	COM	49456B101	22,407,717	1,127,716	SH		SOLE		1,057,585	0	70,131
KKR & CO INC COM	COM	48251W104	380,441,653	3,614,991	SH		SOLE		215,911	0	3,399,080
KRONOS WORLDWIDE INC COM	COM	50105F105	7,390,507	588,885	SH		SOLE		473,857	0	115,028
LXP INDUSTRIAL TRUST COM	COM	529043101	2,686,232	294,543	SH		SOLE		129,636	0	164,907
LINDE PLC SHS	SHS	G54950103	20,586,771	46,915	SH		SOLE		46,915	0	0
LITTELFUSE INC COM	COM	537008104	100,661,566	393,840	SH		SOLE		101,797	0	292,043
LUMENTUM HLDGS INC COM	COM	55024U109	58,802,671	1,154,805	SH		SOLE		931,868	0	222,937
LUXFER HLDGS PLC SHS	SHS	G5698W116	30,080,756	2,595,406	SH		SOLE		2,093,046	0	502,360
LYONDELLBASELL INDUSTRIES N SHS - A -	SHS - A -	N53745100	35,888,188	375,164	SH		SOLE		356,352	0	18,812
MARKEL GROUP INC COM	COM	570535104	134,320,288	85,247	SH		SOLE		4,918	0	80,329
MARSH & MCLENNAN COS INC COM	COM	571748102	61,796,800	293,265	SH		SOLE		293,265	0	0
MASTERCARD INCORPORATED CL A	CL A	57636Q104	62,650,896	142,014	SH		SOLE		142,014	0	0
MCCORMICK & CO INC COM NON VTG	COM NON VTG	579780206	12,308,445	173,505	SH		SOLE		173,505	0	0
MCDONALDS CORP COM	COM	580135101	10,841,403	42,542	SH		SOLE		42,542	0	0
MEDTRONIC PLC SHS	SHS	G5960L103	123,203,031	1,565,278	SH		SOLE		629,857	0	935,421
MERCK & CO INC COM	COM	58933Y105	222,879,987	1,800,323	SH		SOLE		643,446	0	1,156,877
META PLATFORMS INC CL A	CL A	30303M102	283,433,155	562,122	SH		SOLE		91,236	0	470,886
MICROSOFT CORP COM	COM	594918104	596,016,764	1,333,520	SH		SOLE		638,020	0	695,500
MOHAWK INDS INC COM	COM	608190104	75,823,142	667,516	SH		SOLE		40,973	0	626,543
MSA SAFETY INC COM	COM	553498106	4,148,700	22,104	SH		SOLE		22,104	0	0
MSC INDL DIRECT INC CL A	CL A	553530106	20,272,429	255,610	SH		SOLE		244,718	0	10,892
MUELLER WTR PRODS INC COM SER A	COM SER A	624758108	50,063,391	2,793,716	SH		SOLE		2,252,427	0	541,289
NEXSTAR MEDIA GROUP INC COMMON STOCK	COM STK	65336K103	33,524,059	201,940	SH		SOLE		196,506	0	5,434
NEXTERA ENERGY INC COM	COM	65339F101	36,779,422	519,410	SH		SOLE		519,410	0	0
NIKE INC CL B	CL B	654106103	45,896,034	608,943	SH		SOLE		608,943	0	0
NOBLE CORP PLC ORD SHS A	SHS A	G65431127	27,433,719	614,417	SH		SOLE		594,573	0	19,844
NUCOR CORP COM	COM	670346105	11,095,319	70,188	SH		SOLE		70,188	0	0
NUTRIEN LTD COM	COM	67077M108	18,991,396	272,669	SH		SOLE		272,669	0	0
NVIDIA CORPORATION COM	COM	67066G104	131,703,894	1,066,083	SH		SOLE		1,066,083	0	0
NXP SEMICONDUCTORS N V COM	COM	N6596X109	244,332,375	907,995	SH		SOLE		57,468	0	850,527
OMNICOM GROUP INC COM	COM	681919106	15,530,837	173,142	SH		SOLE		165,363	0	7,779
OTIS WORLDWIDE CORP COM	COM	68902V107	15,776,821	163,898	SH		SOLE		163,898	0	0
PEPSICO INC COM	COM	713448108	14,391,462	87,258	SH		SOLE		83,888	0	3,370
PHILLIPS 66 COM	COM	718546104	25,023,371	177,257	SH		SOLE		177,257	0	0
PPL CORP COM	COM	69351T106	12,196,470	441,102	SH		SOLE		441,102	0	0
PROCTER AND GAMBLE CO COM	COM	742718109	42,738,193	259,145	SH		SOLE		259,145	0	0
PROLOGIS INC. COM	COM	74340W103	30,227,787	269,146	SH		SOLE		132,390	0	136,756
PRUDENTIAL FINL INC COM	COM	744320102	26,898,152	229,526	SH		SOLE		219,963	0	9,563
PTC INC COM	COM	69370C100	139,669,713	768,810	SH		SOLE		249,520	0	519,290
PUBLIC SVC ENTERPRISE GRP IN COM	COM	744573106	32,707,176	443,788	SH		SOLE		443,788	0	0
PUBLIC STORAGE OPER CO COM	COM	74460D109	6,860,740	23,851	SH		SOLE		11,028	0	12,823
QUEST DIAGNOSTICS INC COM	COM	74834L100	48,782,663	356,390	SH		SOLE		287,465	0	68,925
QUIDELORTHO CORP COM	COM	219798105	19,704,676	593,157	SH		SOLE		478,236	0	114,921
REALTY INCOME CORP COM	COM	756109104	3,599,419	68,145	SH		SOLE		30,921	0	37,224
REGENCY CTRS CORP COM	COM	758849103	4,968,101	79,873	SH		SOLE		39,753	0	40,120
RENAISSANCERE HLDGS LTD COM	COM	G7496G103	50,909,543	227,773	SH		SOLE		183,760	0	44,013
REXFORD INDL RLTY INC COM	COM	76169C100	15,529,448	348,272	SH		SOLE		167,307	0	180,965
ROCKWELL AUTOMATION INC COM	COM	773903109	13,111,311	47,629	SH		SOLE		47,629	0	0
ROYAL BK CDA COM	COM	780087102	50,706,737	348,141	SH		SOLE		348,141	0	0
S&P GLOBAL INC COM	COM	78409V104	62,089,890	139,215	SH		SOLE		139,215	0	0
SABRA HEALTH CARE REIT INC COM	COM	78573L106	8,683,198	563,844	SH		SOLE		271,139	0	292,705
SALESFORCE INC COM	COM	79466L302	74,034,259	287,959	SH		SOLE		287,959	0	0
SEMPRA COM	COM	816851109	8,540,474	112,286	SH		SOLE		112,286	0	0
SERVICENOW INC COM	COM	81762P102	23,026,618	29,271	SH		SOLE		29,271	0	0
SHERWIN WILLIAMS CO COM	COM	824348106	13,184,041	44,178	SH		SOLE		44,178	0	0
SIGA TECHNOLOGIES INC COM	COM	826917106	13,038,428	1,717,843	SH		SOLE		1,385,137	0	332,706
SIMON PPTY GROUP INC NEW COM	COM	828806109	3,207,230	21,128	SH		SOLE		9,700	0	11,428
SLEEP NUMBER CORP COM	COM	83125X103	9,271,512	968,810	SH		SOLE		775,730	0	193,080
SOUTHERN CO COM	COM	842587107	5,692,242	73,382	SH		SOLE		73,382	0	0
STAG INDL INC COM	COM	85254J102	15,191,609	421,287	SH		SOLE		204,008	0	217,279
STRATEGIC ED INC COM	COM	86272C103	53,925,725	487,310	SH		SOLE		392,748	0	94,562
SUN CMNTYS INC COM	COM	866674104	17,574,213	146,038	SH		SOLE		70,525	0	75,513
SUNSTONE HOTEL INVS INC NEW COM	COM	867892101	5,498,330	525,653	SH		SOLE		271,301	0	254,352
SYSCO CORP COM	COM	871829107	30,916,439	433,064	SH		SOLE		433,064	0	0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	SPONSORED ADS	874039100	193,163,396	1,111,348	SH		SOLE		371,050	0	740,298
TARGA RES CORP COM	COM	87612G101	5,292,987	41,101	SH		SOLE		41,101	0	0
TC ENERGY CORP COM	COM	87807B107	5,887,770	113,532	SH		SOLE		113,532	0	0
TERADATA CORP DEL COM	COM	88076W103	51,386,676	1,486,883	SH		SOLE		1,192,655	0	294,228
TESLA INC COM	COM	88160R101	23,557,812	119,051	SH		SOLE		119,051	0	0
TEXAS INSTRS INC COM	COM	882508104	49,069,803	252,248	SH		SOLE		245,525	0	6,723
ST JOE CO COM	COM	790148100	1,180,262	21,577	SH		SOLE		21,577	0	0
THERMO FISHER SCIENTIFIC INC COM	COM	883556102	117,739,230	212,910	SH		SOLE		98,824	0	114,086
THERMON GROUP HLDGS INC COM	COM	88362T103	64,032,754	2,081,689	SH		SOLE		1,678,840	0	402,849
TRIPADVISOR INC COM	COM	896945201	40,822,069	2,292,087	SH		SOLE		1,853,873	0	438,214
TRONOX HOLDINGS PLC SHS	SHS	G9087Q102	38,071,565	2,426,486	SH		SOLE		1,944,515	0	481,971
US BANCORP DEL COM NEW	COM NEW	902973304	12,760,692	321,428	SH		SOLE		321,428	0	0
UNION PAC CORP COM	COM	907818108	39,205,428	173,276	SH		SOLE		173,276	0	0
UNITEDHEALTH GROUP INC COM	COM	91324P102	25,758,880	50,581	SH		SOLE		50,581	0	0
VALARIS LTD CL A	CL A	G9460G101	1,836,202	24,647	SH		SOLE		24,647	0	0
VERIZON COMMUNICATIONS INC COM	COM	92343V104	12,042	292	SH		SOLE		292	0	0
VICI PPTYS INC COM	COM	925652109	22,503,680	785,743	SH		SOLE		380,059	0	405,684
VISA INC COM CL A	CL A	92826C839	136,482,038	519,991	SH		SOLE		187,990	0	332,001
DISNEY WALT CO COM	COM	254687106	13,912,813	140,123	SH		SOLE		140,123	0	0
WARNER BROS DISCOVERY INC COM SER A	COM SER A	934423104	482,261	64,820	SH		SOLE		64,820	0	0
WEC ENERGY GROUP INC COM	COM	92939U106	5,620,874	71,640	SH		SOLE		71,640	0	0
WELLTOWER INC COM	COM	95040Q104	5,550,583	53,243	SH		SOLE		24,983	0	28,260
WEST FRASER TIMBER CO LTD COM	COM	952845105	72,756,037	692,453	SH		SOLE		557,809	0	134,644
WILLIAMS COS INC COM	COM	969457100	46,087,595	1,084,414	SH		SOLE		1,084,414	0	0
WINTRUST FINL CORP COM	COM	97650W108	62,174,013	630,824	SH		SOLE		508,692	0	122,132
XCEL ENERGY INC COM	COM	98389B100	5,584,496	104,559	SH		SOLE		104,559	0	0
XYLEM INC COM	COM	98419M100	37,722,501	278,128	SH		SOLE		278,128	0	0
ZOETIS INC CL A	CL A	98978V103	16,034,586	92,493	SH		SOLE		92,493	0	0
REGENERON PHARMACEUTICALS COM	COM	75886F107	7,972,063	7,585	SH		SOLE		7,585	0	0
LENNOX INTL INC COM	COM	526107107	5,231,034	9,778	SH		SOLE		9,778	0	0
COLGATE PALMOLIVE CO COM	COM	194162103	5,858,014	60,367	SH		SOLE		60,367	0	0
GARMIN LTD SHS	SHS	H2906T109	1,250,411	7,675	SH		SOLE		7,675	0	0
FACTSET RESH SYS INC COM	COM	303075105	4,941,700	12,104	SH		SOLE		12,104	0	0
MERCADOLIBRE INC COM	COM	58733R102	26,294	16	SH		SOLE		16	0	0
CF INDS HLDGS INC COM	COM	125269100	1,968,627	26,560	SH		SOLE		26,560	0	0
LAM RESEARCH CORP COM	COM	512807108	7,386,864	6,937	SH		SOLE		6,937	0	0
FIFTH THIRD BANCORP COM	COM	316773100	40,686	1,115	SH		SOLE		1,115	0	0
WEYERHAEUSER CO MTN BE COM NEW	COM NEW	962166104	24,841	875	SH		SOLE		875	0	0
MARATHON PETE CORP COM	COM	56585A102	5,943,425	34,260	SH		SOLE		34,260	0	0
INTUIT COM	COM	461202103	1,106,742	1,684	SH		SOLE		1,684	0	0
QUALCOMM INC COM	COM	747525103	43,222	217	SH		SOLE		217	0	0
ABBVIE INC COM	COM	00287Y109	6,444,692	37,574	SH		SOLE		37,574	0	0
NEWMONT CORP COM	COM	651639106	29,351	701	SH		SOLE		701	0	0
TRANE TECHNOLOGIES PLC SHS	SHS	G8994E103	3,808,680	11,579	SH		SOLE		11,579	0	0
FOX CORP CL B COM	COM	35137L204	1,218,201	38,045	SH		SOLE		38,045	0	0
VERTEX PHARMACEUTICALS INC COM	COM	92532F100	1,727,702	3,686	SH		SOLE		3,686	0	0
PENTAIR PLC SHS	SHS	G7S00T104	2,873,285	37,476	SH		SOLE		37,476	0	0
FIRSTSERVICE CORP NEW COM	COM	33767E202	1,418,627	4,979	SH		SOLE		4,979	0	0
BANK AMERICA CORP COM	COM	060505104	35,157	884	SH		SOLE		884	0	0
KELLANOVA COM	COM	487836108	27,802	482	SH		SOLE		482	0	0
THOMSON REUTERS CORP. COM	COM	884903808	5,544,288	17,568	SH		SOLE		17,568	0	0
LULULEMON ATHLETICA INC COM	COM	550021109	928,360	3,108	SH		SOLE		3,108	0	0
GILDAN ACTIVEWEAR INC COM	COM	375916103	90,327	1,272	SH		SOLE		1,272	0	0
PACCAR INC COM	COM	693718108	4,304,848	41,819	SH		SOLE		41,819	0	0
AUTOZONE INC COM	COM	053332102	4,271,268	1,441	SH		SOLE		1,441	0	0
ARISTA NETWORKS INC COM	COM	040413106	1,902,756	5,429	SH		SOLE		5,429	0	0
HEWLETT PACKARD ENTERPRISE C COM	COM	42824C109	50,787	2,399	SH		SOLE		2,399	0	0
DOVER CORP COM	COM	260003108	1,499,540	8,310	SH		SOLE		8,310	0	0
ELECTRONIC ARTS INC COM	COM	285512109	5,571,807	39,990	SH		SOLE		39,990	0	0
ELEVANCE HEALTH INC COM	COM	036752103	5,823,911	10,748	SH		SOLE		10,748	0	0
ALIGN TECHNOLOGY INC COM	COM	016255101	4,527,295	18,752	SH		SOLE		18,752	0	0
SNAP ON INC COM	COM	833034101	3,472,043	13,283	SH		SOLE		13,283	0	0
INTERNATIONAL BUSINESS MACHS COM	COM	459200101	25,424	147	SH		SOLE		147	0	0
ENBRIDGE INC COM	COM	29250N105	995,078	14,940	SH		SOLE		14,940	0	0
INTERPUBLIC GROUP COS INC COM	COM	460690100	3,621,647	124,498	SH		SOLE		124,498	0	0
TELUS CORPORATION COM	COM	87971M103	56,088	1,979	SH		SOLE		1,979	0	0
AMERIPRISE FINL INC COM	COM	03076C106	6,647,931	15,562	SH		SOLE		15,562	0	0
ESSENTIAL UTILS INC COM	COM	29670G102	185,418	4,967	SH		SOLE		4,967	0	0
NETAPP INC COM	COM	64110D104	7,436,783	57,739	SH		SOLE		57,739	0	0
TAKE-TWO INTERACTIVE SOFTWAR COM	COM	874054109	1,562,985	10,052	SH		SOLE		10,052	0	0