Shares
Market
Value
COMMON
STOCKS
—
98.6%
CONSUMER
DISCRETIONARY
—
22.1%
56,000
Amazon.com
Inc.†
...................................
$
5,784,240
1,940
Chipotle
Mexican
Grill
Inc.†
......................
3,314,083
2,000
Christian
Dior
SE
......................................
1,786,733
6,780
Kering
SA
.................................................
4,423,463
3,500
Lululemon
Athletica
Inc.†
.........................
1,274,665
10,400
LVMH
Moet
Hennessy
Louis
Vuitton
SE
....
9,546,249
10,600
NIKE
Inc.,
Cl. B
.........................................
1,299,984
17,500
Starbucks
Corp.
.......................................
1,822,275
13,175
Tesla
Inc.†
................................................
2,733,286
31,984,978
INFORMATION
TECHNOLOGY
-
SEMICONDUCTORS,
HARDWARE,
AND
EQUIPMENT
—
19.9%
30,240
Apple
Inc.
................................................
4,986,576
9,000
Applied
Materials
Inc.
...............................
1,105,470
5,470
ASML
Holding
NV
....................................
3,723,484
9,600
Keyence
Corp.
..........................................
4,705,044
13,800
Lasertec
Corp.
..........................................
2,451,976
30,000
Lattice
Semiconductor
Corp.†
...................
2,865,000
20,600
NVIDIA
Corp.
...........................................
5,722,062
10,700
SolarEdge
Technologies
Inc.†
...................
3,252,265
28,811,877
FINANCIALS
—
16.6%
3,120
Adyen
NV†
...............................................
4,971,498
5,450
Aon
plc,
Cl. A
...........................................
1,718,330
7,055
Chubb
Ltd.
...............................................
1,369,940
31,700
HDFC
Bank
Ltd.,
ADR
...............................
2,113,439
169,000
Investor
AB,
Cl. B
.....................................
3,366,581
6,700
Mastercard
Inc.,
Cl. A
...............................
2,434,847
7,190
S&P
Global
Inc.
........................................
2,478,896
34,100
The
Charles
Schwab
Corp.
........................
1,786,158
17,000
Visa
Inc.,
Cl. A
..........................................
3,832,820
24,072,509
INFORMATION
TECHNOLOGY
-
SOFTWARE
AND
SERVICES
—
12.7%
4,400
Adobe
Inc.†
..............................................
1,695,628
26,200
Cloudflare
Inc.,
Cl. A†
...............................
1,615,492
16,300
CrowdStrike
Holdings
Inc.,
Cl. A†
.............
2,237,338
3,460
Intuit
Inc.
.................................................
1,542,572
24,900
Microsoft
Corp.
........................................
7,178,670
5,300
ServiceNow
Inc.†
.....................................
2,463,016
11,200
Snowflake
Inc.,
Cl. A†
...............................
1,728,048
18,460,764
COMMUNICATION
SERVICES
—
11.4%
16,200
Alphabet
Inc.,
Cl. A†
.................................
1,680,426
38,920
Alphabet
Inc.,
Cl. C†
.................................
4,047,680
21,000
Meta
Platforms
Inc.,
Cl. A†
.......................
4,450,740
12,800
Netflix
Inc.†
..............................................
4,422,144
Shares
Market
Value
18,800
The
Walt
Disney
Co.†
...............................
$
1,882,444
16,483,434
HEALTH
CARE
—
10.6%
7,900
Danaher
Corp.
..........................................
1,991,116
7,950
Intuitive
Surgical
Inc.†
..............................
2,030,987
20,000
Novo
Nordisk
A/S,
ADR
............................
3,182,800
3,450
Thermo
Fisher
Scientific
Inc.
.....................
1,988,477
9,500
UnitedHealth
Group
Inc.
...........................
4,489,605
10,300
Zoetis
Inc.
................................................
1,714,332
15,397,317
CONSUMER
STAPLES
—
4.5%
14,700
L'Oreal
SA
................................................
6,568,588
MATERIALS
—
0.8%
4,920
The
Sherwin-Williams
Co.
.........................
1,105,868
TOTAL
COMMON
STOCKS
..................
142,885,335
Principal
Amount
U.S.
GOVERNMENT
OBLIGATIONS
—
1.4%
$
2,040,000
U.S.
Treasury
Bill,
4.667%††,
06/22/23
.............................
2,019,104
TOTAL
INVESTMENTS
—
100.0%
(Cost
$89,178,347)
...............................
$
144,904,439
†
Non-income
producing
security.
††
Represents
annualized
yield
at
date
of
purchase.
ADR
American
Depositary
Receipt
Geographic
Diversification
%
of
Market
Value
Market
Value
United
States
........................
63.6
%
$
92,167,713
Europe
..............................
29.1
42,191,601
Japan
...............................
4.9
7,157,021
Asia/Pacific
.........................
1.5
2,113,439
Canada
..............................
0.9
1,274,665
100.0%
$
144,904,439
