MAVERICK CAPITAL LTD 13F: Quarter-over-Quarter Portfolio Changes

In Q1 2026, MAVERICK CAPITAL LTD initiated 141 new positions (LINDE PLC (LIN), INFLEQTION INC (INFQ), ABBOTT LABORATORIES (ABT), REPLIGEN CORP (RGEN), DANAHER (DHR), ADVANCED MICRO DEVICES INC (AMD), INTEL CORP (INTC), MOLINA HEALTHCARE INC (MOH), NOVO-NORDISK A S (NVO), FLUOR CORP (FLR), CORNING INC (GLW), MIRION TECHNOLOGIES INC (MIR), ROIVANT SCIENCES LTD (ROIV), MARVELL TECHNOLOGY INC (MRVL), INTERPARFUMS INC (IPAR), HORMEL FOODS CORP (HRL), EDGEWELL PERSONAL CARE CO (EPC), CELESTICA INC (CLS), BUNGE GLOBAL SA (BG), PICS NV (PICS), BANK NOVA SCOTIA B C (BNS), COTY INC (COTY), CANADIAN NATURAL RESOURCES LIMITED (CNQ), CANADIAN NATL RY CO (CNI), KIMBERLY-CLARK CORP (KMB), PAN AMER SILVER (PAAS), CLOROX COMPANY (CLX), MKS INC. (MKSI), COHERENT CORP (COHR), KENVUE INC (KVUE), GLOBE LIFE INC (GL), NRG ENERGY INC (NRG), ICON PLC (ICLR) (ICLR), LUMENTUM HLDGS INC (LITE), WESCO INTL INC (WCC), EAST WEST BANCORP INC (EWBC), SUNCOR ENERGY, INC. (SU), ENTEGRIS (ENTG), WESTERN ALLIANCE BANCORPORATION (WAL), ELEMENT SOLUTIONS INC (ESI), ENERSYS (ENS), TRANSFORCE INC (TFII), TECK RESOURCES LTD (TECK), SAIA INC (SAIA), CHARLES RIV LABS INTL INC (CRL), REGAL REXNORD CORPORATION (RRX), PINNACLE FINL PARTNERS INC (PNFP), APPLIED OPTOELECTRONICS INC (AAOI), GLOBUS MED INC (GMED), CITIZENS FINL GROUP INC (CFG), ALLEGRO MICROSYSTEMS INC (ALGM), TIMKEN CO (TKR), HUNTINGTON BANCSHARES INC (HBAN), GENERAC HLDGS INC (GNRC), ULTRA CLEAN HLDGS INC (UCTT), OSHKOSH CORP (OSK) (OSK), SOUTHSTATE BK CORP (SSB), INTEGER HLDGS CORP (ITGR), HUDBAY MINERALS INC (HBM), TRAVEL PLUS LEISURE CO (TNL), EXPAND ENERGY CORPORATION (EXE), AMENTUM HOLDINGS INC (AMTM), KBR INC (KBR), SANOFI SA (SNY), CROWN HOLDINGS INC (CCK), SCIENCE APPLICATIONS INTL CO (SAIC), MIDDLEBY CORP (MIDD), ICHOR HOLDINGS (ICHR), RAMBUS INC DEL (RMBS), AGCO CORP (AGCO), RANGE RES CORP (RRC), CENOVUS ENERGY INC (CVE), ARCBEST CORP (ARCB), ROYAL GOLD INC (RGLD), MATCH GROUP INC NEW (MTCH), MSC INDL DIRECT INC (MSM), FIFTH THIRD BANCORP (FITB), LAZARD INC (LAZ), RENASANT CORP (RNST), EQUINOX GOLD CORP (EQX), TEREX CORP NEW (TEX), ALCON AG (ALC), PENN ENTERTAINMENT INC (PENN), POLARIS INC (PII), LIVANOVA PLC (LIVN), AVIENT CORPORATION (AVNT), ABM INDS INC (ABM), CRANE NXT CO (CXT), ANTERO RESOURCES CORP (AR), HUNTSMAN CORP (HUN), BRUNSWICK CORP (BC), GATES INDUSTRIAL CORPRATIN P (GTES), FIVE BELOW INC (FIVE), AECOM (ACM), SILICON MOTION TECHNOLOGY CO (SIMO), MANULIFE FINL CORP (MFC), WHEATON PRECIOUS METALS CORP (WPM), CALIFORNIA RES CORP (CRC), WERNER ENTERPRISES INC (WERN), AVANTOR INC (AVTR) (AVTR), PATTERSON-UTI ENERGY INC (PTEN), PENGUIN SOLUTIONS INC (PENG), MOSAIC CO (MOS), HELIX ENERGY SOLUTIONS GROUP INC (HLX), EQT CORP (EQT), STARBUCKS CORP (SBUX), TRIPADVISOR INC (TRIP), BENCHMARK ELECTRS INC (BHE), LIFE360 INC (LIF), SPOTIFY TECHNOLOGY S A (SPOT), DEUTSCHE BK AG (DB), SNAP-ON INC (SNA), MANPOWERGROUP INC WIS (MAN), CVS HEALTH CORP (CVS), INTEGRA LIFESCIENCES HLDGS C (IART), DARDEN RESTAURANTS INC (DRI), JAMES HARDIE INDS PLC (JHX), TJX COS INC/THE (TJX), CHOICE HOTELS INTL INC (CHH), U-HAUL HOLDING COMPANY (UHAL), WISDOMTREE INC (WT), KINROSS GOLD CORP (KGC), KNIGHT-SWIFT TRANSN HLDGS IN (KNX), NORTHERN OIL & GAS INC (NOG), LOGITECH INTL S A (LOGI), CONCENTRA GROUP HOLDINGS PAR (CON), MITEK SYS INC (MITK), COLUMBUS MCKINNON CORP N Y (CMCO), JANUS INTERNATIONAL GROUP IN (JBI), ERO COPPER CORP (ERO), ASTE (ASTE), KROGER CO/THE (KR), T-MOBILE US INC (TMUS), BARRICK MNG CORP (B), MILLERKNOLL INC (MLKN), CINEMARK HLDGS INC (CNK), TRAVELERS COMPANIES INC (TRV), CELSIUS HLDGS INC (CELH), CONSTELLATION BRANDS INC (STZ), TORONTO DOMINION BK ONT (TD), CRACKER BARREL OLD CTRY STOR (CBRL)); bought more shares of MCDONALDS CORP (MCD), PRIMO BRANDS CORPORATION (PRMB), FRESHPET INC (FRPT), ALTRIA GROUP, INC. (MO), HERSHEY CO (HSY) — the largest 5 of 40 adds.

In Q1 2026, MAVERICK CAPITAL LTD fully sold 80 positions (UNION PACIFIC (UNP), CHARLES SCHWAB CORPORATION (SCHW) (SCHW), PEABODY ENGR CORP (BTU), LAM RESEARCH CORP (LRCX), SOMNIGROUP INTERNATIONAL INC (SGI), CIDARA THERAPEUTICS INC (CDTX), MAPLEBEAR INC (CART), DOORDASH INC (DASH), DATADOG INC (DDOG), SNOWFLAKE INC (SNOW), CENTURI HOLDINGS INC (CTRI), FLUTTER ENTMT PLC (FLUT), COUPANG INC (CPNG), SAILPOINT INC (SAIL), KURA SUSHI USA INC (KRUS), EQUIFAX INC (EFX), GODADDY INC (GDDY), ALLSTATE CORP (ALL), SITEONE LANDSCAPE SUPPLY INC (SITE), ADOBE INC (ADBE), IMAX CORP (IMAX), FERGUSON ENTERPRISES INC (FERG), CLEAR SECURE INC (YOU), AFFIRM HLDGS INC (AFRM), ZOOM COMMUNICATIONS (ZM), NETFLIX INC. (NFLX), ROOT INC (ROOT), REVOLVE GROUP INC (RVLV), THREDUP INC (TDUP), FIVERR INTL LTD (FVRR), BOOT BARN HLDGS INC (BOOT), LAUDER ESTEE COS INC (EL), ARRAY DIGITAL INFRASTRUCTURE (AD), MCCORMICK INC (MKC), BAUSCH PLUS LOMB CORP (BLCO), AMER SPORTS INC (AS), AMERICAN AIRLINES GROUP INC (AAL), SHARKNINJA INC (SN), AMERICAN EAGLE OUTFITTERS IN (AEO), TAPESTRY INC (TPR), DECKERS OUTDOOR CORP (DECK), ETSY INC (ETSY), COSTCO WHOLESALE (COST), LULULEMON ATHLETICA INC (LULU), CHEWY INC (CHWY), CAVA GROUP INC (CAVA), VALERO ENERGY CORP (VLO), ABERCROMBIE & FITCH CO (ANF), BJS WHSL CLUB HLDGS INC (BJ), NIKE INC (NKE), BEST BUY INC (BBY), UNITED AIRLS HLDGS INC (UAL), ALASKA AIR GROUP INC (ALK), RH (RH), CABLE ONE INC (CABO), MARRIOTT INTL INC NEW (MAR), KRAFT HEINZ CO (KHC), EBAY INC. (EBAY), TYSON FOODS INC (TSN), LOWES COS INC (LOW), WALMART INC (WMT), SOUTHWEST AIRLS CO (LUV), QUIDELORTHO CORP (QDEL), AMBIQ MICRO INC (AMBQ), YUM BRANDS INC (YUM), MARZETTI COMPANY (MZTI), GAP INC (GAP), AIRBNB, INC. (ABNB), VITAL FARMS INC (VITL), SAVERS VALUE VLG INC (SVV), BOSTON BEER INC (SAM), ENERGIZER HLDGS INC (ENR), FLOOR & DECOR HLDGS INC (FND), CAMPBELL'S COMPANY/THE (CPB), COLGATE PALMOLIVE CO (CL), PEPSICO (PEP), MONDELEZ INTL INC (MDLZ), GEN DIGITAL INC (GEN), DUTCH BROS INC (BROS), ULTA BEAUTY INC (ULTA)); reduced holdings in DISNEY WALT CO (DIS), ROBLOX CORP (RBLX), LIFE TIME GROUP HOLDINGS INC (LTH), OLLIES BARGAIN OUTLET HLDGS (OLLI), FEDEX CORP (FDX) — the largest 5 of 52 reductions.

MAVERICK CAPITAL LTD established 141 new positions in Q1 2026: LINDE PLC (LIN, 2.5%), INFLEQTION INC (INFQ, 2.3%), ABBOTT LABORATORIES (ABT, 2.1%), REPLIGEN CORP (RGEN, 2.1%), DANAHER (DHR, 1.8%), ADVANCED MICRO DEVICES INC (AMD, 1.6%), INTEL CORP (INTC, 1.5%), MOLINA HEALTHCARE INC (MOH, 1.0%), NOVO-NORDISK A S (NVO, 0.9%), FLUOR CORP (FLR, 0.8%), CORNING INC (GLW, 0.6%), MIRION TECHNOLOGIES INC (MIR, 0.6%), ROIVANT SCIENCES LTD (ROIV, 0.5%), MARVELL TECHNOLOGY INC (MRVL, 0.2%), INTERPARFUMS INC (IPAR, 0.1%), HORMEL FOODS CORP (HRL, 0.0%), EDGEWELL PERSONAL CARE CO (EPC, 0.0%), CELESTICA INC (CLS, 0.0%), BUNGE GLOBAL SA (BG, 0.0%), PICS NV (PICS, 0.0%), BANK NOVA SCOTIA B C (BNS, 0.0%), COTY INC (COTY, 0.0%), CANADIAN NATURAL RESOURCES LIMITED (CNQ, 0.0%), CANADIAN NATL RY CO (CNI, 0.0%), KIMBERLY-CLARK CORP (KMB, 0.0%), PAN AMER SILVER (PAAS, 0.0%), CLOROX COMPANY (CLX, 0.0%), MKS INC. (MKSI, 0.0%), COHERENT CORP (COHR, 0.0%), KENVUE INC (KVUE, 0.0%), GLOBE LIFE INC (GL, 0.0%), NRG ENERGY INC (NRG, 0.0%), ICON PLC (ICLR) (ICLR, 0.0%), LUMENTUM HLDGS INC (LITE, 0.0%), WESCO INTL INC (WCC, 0.0%), EAST WEST BANCORP INC (EWBC, 0.0%), SUNCOR ENERGY, INC. (SU, 0.0%), ENTEGRIS (ENTG, 0.0%), WESTERN ALLIANCE BANCORPORATION (WAL, 0.0%), ELEMENT SOLUTIONS INC (ESI, 0.0%), ENERSYS (ENS, 0.0%), TRANSFORCE INC (TFII, 0.0%), TECK RESOURCES LTD (TECK, 0.0%), SAIA INC (SAIA, 0.0%), CHARLES RIV LABS INTL INC (CRL, 0.0%), REGAL REXNORD CORPORATION (RRX, 0.0%), PINNACLE FINL PARTNERS INC (PNFP, 0.0%), APPLIED OPTOELECTRONICS INC (AAOI, 0.0%), GLOBUS MED INC (GMED, 0.0%), CITIZENS FINL GROUP INC (CFG, 0.0%), ALLEGRO MICROSYSTEMS INC (ALGM, 0.0%), TIMKEN CO (TKR, 0.0%), HUNTINGTON BANCSHARES INC (HBAN, 0.0%), GENERAC HLDGS INC (GNRC, 0.0%), ULTRA CLEAN HLDGS INC (UCTT, 0.0%), OSHKOSH CORP (OSK) (OSK, 0.0%), SOUTHSTATE BK CORP (SSB, 0.0%), INTEGER HLDGS CORP (ITGR, 0.0%), HUDBAY MINERALS INC (HBM, 0.0%), TRAVEL PLUS LEISURE CO (TNL, 0.0%), EXPAND ENERGY CORPORATION (EXE, 0.0%), AMENTUM HOLDINGS INC (AMTM, 0.0%), KBR INC (KBR, 0.0%), SANOFI SA (SNY, 0.0%), CROWN HOLDINGS INC (CCK, 0.0%), SCIENCE APPLICATIONS INTL CO (SAIC, 0.0%), MIDDLEBY CORP (MIDD, 0.0%), ICHOR HOLDINGS (ICHR, 0.0%), RAMBUS INC DEL (RMBS, 0.0%), AGCO CORP (AGCO, 0.0%), RANGE RES CORP (RRC, 0.0%), CENOVUS ENERGY INC (CVE, 0.0%), ARCBEST CORP (ARCB, 0.0%), ROYAL GOLD INC (RGLD, 0.0%), MATCH GROUP INC NEW (MTCH, 0.0%), MSC INDL DIRECT INC (MSM, 0.0%), FIFTH THIRD BANCORP (FITB, 0.0%), LAZARD INC (LAZ, 0.0%), RENASANT CORP (RNST, 0.0%), EQUINOX GOLD CORP (EQX, 0.0%), TEREX CORP NEW (TEX, 0.0%), ALCON AG (ALC, 0.0%), PENN ENTERTAINMENT INC (PENN, 0.0%), POLARIS INC (PII, 0.0%), LIVANOVA PLC (LIVN, 0.0%), AVIENT CORPORATION (AVNT, 0.0%), ABM INDS INC (ABM, 0.0%), CRANE NXT CO (CXT, 0.0%), ANTERO RESOURCES CORP (AR, 0.0%), HUNTSMAN CORP (HUN, 0.0%), BRUNSWICK CORP (BC, 0.0%), GATES INDUSTRIAL CORPRATIN P (GTES, 0.0%), FIVE BELOW INC (FIVE, 0.0%), AECOM (ACM, 0.0%), SILICON MOTION TECHNOLOGY CO (SIMO, 0.0%), MANULIFE FINL CORP (MFC, 0.0%), WHEATON PRECIOUS METALS CORP (WPM, 0.0%), CALIFORNIA RES CORP (CRC, 0.0%), WERNER ENTERPRISES INC (WERN, 0.0%), AVANTOR INC (AVTR) (AVTR, 0.0%), PATTERSON-UTI ENERGY INC (PTEN, 0.0%), PENGUIN SOLUTIONS INC (PENG, 0.0%), MOSAIC CO (MOS, 0.0%), HELIX ENERGY SOLUTIONS GROUP INC (HLX, 0.0%), EQT CORP (EQT, 0.0%), STARBUCKS CORP (SBUX, 0.0%), TRIPADVISOR INC (TRIP, 0.0%), BENCHMARK ELECTRS INC (BHE, 0.0%), LIFE360 INC (LIF, 0.0%), SPOTIFY TECHNOLOGY S A (SPOT, 0.0%), DEUTSCHE BK AG (DB, 0.0%), SNAP-ON INC (SNA, 0.0%), MANPOWERGROUP INC WIS (MAN, 0.0%), CVS HEALTH CORP (CVS, 0.0%), INTEGRA LIFESCIENCES HLDGS C (IART, 0.0%), DARDEN RESTAURANTS INC (DRI, 0.0%), JAMES HARDIE INDS PLC (JHX, 0.0%), TJX COS INC/THE (TJX, 0.0%), CHOICE HOTELS INTL INC (CHH, 0.0%), U-HAUL HOLDING COMPANY (UHAL, 0.0%), WISDOMTREE INC (WT, 0.0%), KINROSS GOLD CORP (KGC, 0.0%), KNIGHT-SWIFT TRANSN HLDGS IN (KNX, 0.0%), NORTHERN OIL & GAS INC (NOG, 0.0%), LOGITECH INTL S A (LOGI, 0.0%), CONCENTRA GROUP HOLDINGS PAR (CON, 0.0%), MITEK SYS INC (MITK, 0.0%), COLUMBUS MCKINNON CORP N Y (CMCO, 0.0%), JANUS INTERNATIONAL GROUP IN (JBI, 0.0%), ERO COPPER CORP (ERO, 0.0%), ASTE (ASTE, 0.0%), KROGER CO/THE (KR, 0.0%), T-MOBILE US INC (TMUS, 0.0%), BARRICK MNG CORP (B, 0.0%), MILLERKNOLL INC (MLKN, 0.0%), CINEMARK HLDGS INC (CNK, 0.0%), TRAVELERS COMPANIES INC (TRV, 0.0%), CELSIUS HLDGS INC (CELH, 0.0%), CONSTELLATION BRANDS INC (STZ, 0.0%), TORONTO DOMINION BK ONT (TD, 0.0%), CRACKER BARREL OLD CTRY STOR (CBRL, 0.0%).

Of 40 existing positions with share-count increases in Q1 2026, the largest were: MCDONALDS CORP (MCD, +1.0% weight, +2261.7% shares), PRIMO BRANDS CORPORATION (PRMB, +0.0% weight, +409.3% shares), FRESHPET INC (FRPT, +0.0% weight, +356.4% shares), ALTRIA GROUP, INC. (MO, +0.0% weight, +239.2% shares), HERSHEY CO (HSY, +0.0% weight, +122.1% shares), NU HOLDINGS LTD (NU, +1.6% weight, +91.6% shares), TURNING PT BRANDS INC (TPB, +0.0% weight, +79.2% shares), SHINHAN FINANCIAL GROUP CO L (SHG, +0.0% weight, +69.2% shares), BYRNA TECHNOLOGIES INC (BYRN, +-0.0% weight, +57.3% shares), MERIT MED SYS INC (MMSI, +0.1% weight, +46.9% shares).

MAVERICK CAPITAL LTD fully exited 80 positions in Q1 2026: UNION PACIFIC (UNP, last-reported weight 3.3%), CHARLES SCHWAB CORPORATION (SCHW) (SCHW, last-reported weight 1.3%), PEABODY ENGR CORP (BTU, last-reported weight 1.3%), LAM RESEARCH CORP (LRCX, last-reported weight 1.2%), SOMNIGROUP INTERNATIONAL INC (SGI, last-reported weight 1.1%), CIDARA THERAPEUTICS INC (CDTX, last-reported weight 1.1%), MAPLEBEAR INC (CART, last-reported weight 0.9%), DOORDASH INC (DASH, last-reported weight 0.9%), DATADOG INC (DDOG, last-reported weight 0.6%), SNOWFLAKE INC (SNOW, last-reported weight 0.5%), CENTURI HOLDINGS INC (CTRI, last-reported weight 0.5%), FLUTTER ENTMT PLC (FLUT, last-reported weight 0.4%), COUPANG INC (CPNG, last-reported weight 0.3%), SAILPOINT INC (SAIL, last-reported weight 0.2%), KURA SUSHI USA INC (KRUS, last-reported weight 0.1%), EQUIFAX INC (EFX, last-reported weight 0.1%), GODADDY INC (GDDY, last-reported weight 0.1%), ALLSTATE CORP (ALL, last-reported weight 0.1%), SITEONE LANDSCAPE SUPPLY INC (SITE, last-reported weight 0.1%), ADOBE INC (ADBE, last-reported weight 0.1%), IMAX CORP (IMAX, last-reported weight 0.1%), FERGUSON ENTERPRISES INC (FERG, last-reported weight 0.1%), CLEAR SECURE INC (YOU, last-reported weight 0.1%), AFFIRM HLDGS INC (AFRM, last-reported weight 0.1%), ZOOM COMMUNICATIONS (ZM, last-reported weight 0.1%), NETFLIX INC. (NFLX, last-reported weight 0.1%), ROOT INC (ROOT, last-reported weight 0.0%), REVOLVE GROUP INC (RVLV, last-reported weight 0.0%), THREDUP INC (TDUP, last-reported weight 0.0%), FIVERR INTL LTD (FVRR, last-reported weight 0.0%), BOOT BARN HLDGS INC (BOOT, last-reported weight 0.0%), LAUDER ESTEE COS INC (EL, last-reported weight 0.0%), ARRAY DIGITAL INFRASTRUCTURE (AD, last-reported weight 0.0%), MCCORMICK INC (MKC, last-reported weight 0.0%), BAUSCH PLUS LOMB CORP (BLCO, last-reported weight 0.0%), AMER SPORTS INC (AS, last-reported weight 0.0%), AMERICAN AIRLINES GROUP INC (AAL, last-reported weight 0.0%), SHARKNINJA INC (SN, last-reported weight 0.0%), AMERICAN EAGLE OUTFITTERS IN (AEO, last-reported weight 0.0%), TAPESTRY INC (TPR, last-reported weight 0.0%), DECKERS OUTDOOR CORP (DECK, last-reported weight 0.0%), ETSY INC (ETSY, last-reported weight 0.0%), COSTCO WHOLESALE (COST, last-reported weight 0.0%), LULULEMON ATHLETICA INC (LULU, last-reported weight 0.0%), CHEWY INC (CHWY, last-reported weight 0.0%), CAVA GROUP INC (CAVA, last-reported weight 0.0%), VALERO ENERGY CORP (VLO, last-reported weight 0.0%), ABERCROMBIE & FITCH CO (ANF, last-reported weight 0.0%), BJS WHSL CLUB HLDGS INC (BJ, last-reported weight 0.0%), NIKE INC (NKE, last-reported weight 0.0%), BEST BUY INC (BBY, last-reported weight 0.0%), UNITED AIRLS HLDGS INC (UAL, last-reported weight 0.0%), ALASKA AIR GROUP INC (ALK, last-reported weight 0.0%), RH (RH, last-reported weight 0.0%), CABLE ONE INC (CABO, last-reported weight 0.0%), MARRIOTT INTL INC NEW (MAR, last-reported weight 0.0%), KRAFT HEINZ CO (KHC, last-reported weight 0.0%), EBAY INC. (EBAY, last-reported weight 0.0%), TYSON FOODS INC (TSN, last-reported weight 0.0%), LOWES COS INC (LOW, last-reported weight 0.0%), WALMART INC (WMT, last-reported weight 0.0%), SOUTHWEST AIRLS CO (LUV, last-reported weight 0.0%), QUIDELORTHO CORP (QDEL, last-reported weight 0.0%), AMBIQ MICRO INC (AMBQ, last-reported weight 0.0%), YUM BRANDS INC (YUM, last-reported weight 0.0%), MARZETTI COMPANY (MZTI, last-reported weight 0.0%), GAP INC (GAP, last-reported weight 0.0%), AIRBNB, INC. (ABNB, last-reported weight 0.0%), VITAL FARMS INC (VITL, last-reported weight 0.0%), SAVERS VALUE VLG INC (SVV, last-reported weight 0.0%), BOSTON BEER INC (SAM, last-reported weight 0.0%), ENERGIZER HLDGS INC (ENR, last-reported weight 0.0%), FLOOR & DECOR HLDGS INC (FND, last-reported weight 0.0%), CAMPBELL'S COMPANY/THE (CPB, last-reported weight 0.0%), COLGATE PALMOLIVE CO (CL, last-reported weight 0.0%), PEPSICO (PEP, last-reported weight 0.0%), MONDELEZ INTL INC (MDLZ, last-reported weight 0.0%), GEN DIGITAL INC (GEN, last-reported weight 0.0%), DUTCH BROS INC (BROS, last-reported weight 0.0%), ULTA BEAUTY INC (ULTA, last-reported weight 0.0%).

Of 52 existing positions with share-count reductions in Q1 2026, the largest were: DISNEY WALT CO (DIS, -0.9% weight, -99.0% shares), ROBLOX CORP (RBLX, -0.4% weight, -97.6% shares), LIFE TIME GROUP HOLDINGS INC (LTH, -0.1% weight, -94.5% shares), OLLIES BARGAIN OUTLET HLDGS (OLLI, -0.1% weight, -94.0% shares), FEDEX CORP (FDX, -0.1% weight, -92.1% shares), CAMPING WORLD HLDGS INC (CWH, -0.0% weight, -91.8% shares), LABCORP HOLDINGS INC (LH, -0.0% weight, -90.9% shares), ACADEMY SPORTS & OUTDOORS IN (ASO, -0.0% weight, -90.8% shares), QUEST DIAGNOSTICS INC (DGX, -0.0% weight, -88.5% shares), CALLAWAY GOLF CO (CALY, -0.0% weight, -88.4% shares).

No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.