Investor: Justin Kelly
Number of Assets: 62
Reporting Period: Q4 - 2025
Holdings at Report: $29,802,721,291
Return Since Report: -$3,544,446,085
Return Since Report: -11.89%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Advanced Micro Devices Inc. (AMD) | Equity | -75.88% | 831,730 | 0.60% | $213.69 | $203.43 | $177,733,772 | $169,198,834 | -$8,534,938 | -4.80% |
| Alphabet Inc. (GOOG) | Equity | -2.45% | 6,025,229 | 6.36% | $314.72 | $286.39 | $1,896,237,299 | $1,725,565,333 | -$170,671,966 | -9.00% |
| Amazon.com Inc. (AMZN) | Equity | -0.04% | 8,071,815 | 6.28% | $231.87 | $208.30 | $1,871,643,814 | $1,681,359,065 | -$190,284,749 | -10.17% |
| Amphenol Corp. (APH) | Equity | -16.53% | 3,702,170 | 1.68% | $135.51 | $126.35 | $501,698,983 | $467,769,180 | -$33,929,803 | -6.76% |
| Analog Devices Inc. (ADI) | Equity | -1.35% | 572,634 | 0.53% | $275.58 | $317.95 | $157,804,014 | $182,068,980 | +$24,264,966 | +15.38% |
| Apple Inc. (AAPL) | Equity | -3.15% | 8,279,618 | 7.51% | $270.42 | $253.42 | $2,238,946,427 | $2,098,220,794 | -$140,725,633 | -6.29% |
| Netflix Inc. (NFLX) | Equity | +995.99% | 5,651,852 | 1.77% | $93.52 | $96.12 | $528,579,033 | $543,256,014 | +$14,676,981 | +2.78% |
| Ares Management Corp. (ARES) | Equity | +31.23% | 1,911,513 | 1.04% | $162.50 | $109.07 | $310,627,804 | $208,488,723 | -$102,139,081 | -32.88% |
| Axon Enterprise Inc. (AXON) | Equity | +20.17% | 547,802 | 1.05% | $573.81 | $424.69 | $314,332,255 | $232,646,031 | -$81,686,224 | -25.99% |
| Visa Inc. (V) | Equity | -2.98% | 1,986,742 | 2.34% | $351.15 | $301.42 | $697,634,603 | $598,833,840 | -$98,800,763 | -14.16% |
| Broadcom Inc. (AVGO) | Equity | +1.39% | 4,452,976 | 5.17% | $345.85 | $309.45 | $1,540,042,371 | $1,377,951,158 | -$162,091,213 | -10.53% |
| Nvidia Corp. (NVDA) | Equity | -9.32% | 16,920,537 | 10.61% | $186.82 | $174.21 | $3,161,142,507 | $2,947,726,751 | -$213,415,756 | -6.75% |
| Cadence Design Systems Inc. (CDNS) | Equity | +8.00% | 1,151,476 | 1.21% | $313.36 | $278.34 | $360,830,721 | $320,496,072 | -$40,334,649 | -11.18% |
| Cintas Corp. (CTAS) | Equity | +100% | 1,822,369 | 1.15% | $187.94 | $169.31 | $342,503,288 | $308,545,295 | -$33,957,993 | -9.91% |
| Doordash Inc. (DASH) | Equity | +5.51% | 2,343,835 | 1.78% | $226.85 | $150.82 | $531,709,255 | $353,497,195 | -$178,212,060 | -33.52% |
| Oracle Corp. (ORCL) | Equity | -46.96% | 1,728,534 | 1.13% | $194.72 | $146.96 | $336,578,155 | $254,016,714 | -$82,561,441 | -24.53% |
| GE Aerospace (GE) | Equity | +27.58% | 1,285,902 | 1.34% | $309.81 | $284.25 | $398,389,002 | $365,517,644 | -$32,871,359 | -8.25% |
| GE Vernova Inc. (GEV) | Equity | +100% | 732,813 | 1.61% | $654.50 | $872.33 | $479,625,071 | $639,254,764 | +$159,629,693 | +33.28% |
| Arista Networks Inc. (ANET) | Equity | +16.82% | 1,896,528 | 0.83% | $131.03 | $122.83 | $248,502,064 | $232,950,534 | -$15,551,530 | -6.26% |
| Hilton Worldwide Holdings Inc. (HLT) | Equity | +48.46% | 1,668,542 | 1.61% | $287.81 | $305.17 | $480,214,752 | $509,180,619 | +$28,965,867 | +6.03% |
| Palantir Technologies Inc. (PLTR) | Equity | -2.43% | 1,468,291 | 0.88% | $178.16 | $146.28 | $261,596,719 | $214,781,607 | -$46,815,112 | -17.90% |
| Howmet Aerospace Inc. (HWM) | Equity | -2.65% | 1,569,254 | 1.08% | $205.62 | $230.18 | $322,673,871 | $361,210,886 | +$38,537,015 | +11.94% |
| Intuit Inc. (INTU) | Equity | -6.30% | 909,751 | 2.02% | $661.30 | $432.26 | $601,620,917 | $393,248,967 | -$208,371,950 | -34.64% |
| Intuitive Surgical Inc. (ISRG) | Equity | +86.43% | 1,269,563 | 2.42% | $569.09 | $462.57 | $722,499,853 | $587,255,409 | -$135,244,444 | -18.72% |
| Parker-Hannifin Corp. (PH) | Equity | +25502.34% | 164,111 | 0.48% | $880.23 | $892.78 | $144,454,899 | $146,514,198 | +$2,059,299 | +1.43% |
| KKR & Co. Inc. (KKR) | Equity | +16061.67% | 2,114,593 | 0.91% | $127.79 | $93.01 | $270,213,954 | $196,678,295 | -$73,535,659 | -27.21% |
| Eli Lilly And Company (LLY) | Equity | -2.56% | 757,228 | 2.74% | $1,078.34 | $917.56 | $816,547,777 | $694,802,124 | -$121,745,653 | -14.91% |
| Ecolab Inc. (ECL) | Equity | -46.20% | 633,821 | 0.56% | $262.52 | $265.45 | $166,390,689 | $168,244,615 | +$1,853,926 | +1.11% |
| Mastercard Inc. (MA) | Equity | +1.58% | 1,239,121 | 2.38% | $571.91 | $499.72 | $708,662,328 | $619,213,546 | -$89,448,782 | -12.62% |
| Quanta Services Inc. (PWR) | Equity | +8341.02% | 673,593 | 0.96% | $423.50 | $549.65 | $285,268,397 | $370,240,392 | +$84,971,995 | +29.79% |
| Mckesson Corp. (MCK) | Equity | +100% | 437,073 | 1.20% | $820.69 | $864.18 | $358,699,410 | $377,709,745 | +$19,010,335 | +5.30% |
| Meta Platforms Inc. (META) | Equity | -11.90% | 1,834,788 | 4.06% | $659.00 | $570.25 | $1,209,126,472 | $1,046,287,857 | -$162,838,615 | -13.47% |
| KLA Corp. (KLAC) | Equity | -4.54% | 96,480 | 0.39% | $1,215.08 | $1,472.45 | $117,230,918 | $142,061,976 | +$24,831,058 | +21.18% |
| Microsoft Corp. (MSFT) | Equity | -4.46% | 6,334,918 | 10.28% | $483.60 | $370.17 | $3,063,582,679 | $2,344,996,596 | -$718,586,083 | -23.46% |
| Servicenow Inc. (NOW) | Equity | +266.02% | 2,781,207 | 1.43% | $152.96 | $104.54 | $425,414,157 | $290,733,474 | -$134,680,683 | -31.66% |
| Nasdaq Inc. (NDAQ) | Equity | +100% | 2,568,537 | 0.84% | $97.53 | $84.89 | $250,498,541 | $218,043,106 | -$32,455,435 | -12.96% |
| Moody's Corp. (MCO) | Equity | -96.70% | 24,150 | 0.04% | $510.85 | $438.19 | $12,337,027 | $10,582,289 | -$1,754,738 | -14.22% |
| Shopify Inc. (SHOP) | Equity | -9.25% | 2,956,282 | 1.60% | $161.54 | $119.03 | $477,553,677 | $351,871,465 | -$125,682,212 | -26.32% |
| Trane Technologies PLC (TT) | Equity | +415.69% | 28,162 | 0.04% | $389.20 | $416.81 | $10,960,650 | $11,738,062 | +$777,412 | +7.09% |
| Snowflake Inc. (SNOW) | Equity | -22.56% | 3,120,063 | 2.31% | $220.80 | $150.42 | $688,906,880 | $469,304,276 | -$219,602,604 | -31.88% |
| Compass Inc. (COMP) | Equity | 0% | 6,934,620 | 0.25% | $10.57 | $7.31 | $73,298,933 | $50,657,399 | -$22,641,534 | -30.89% |
| Spotify Technology S.A. (SPOT) | Equity | +8.15% | 1,111,438 | 2.16% | $579.65 | $485.45 | $644,246,434 | $539,547,577 | -$104,698,857 | -16.25% |
| Alnylam Pharmaceuticals Inc. (ALNY) | Equity | -5.17% | 1,266 | 0.00% | $397.65 | $330.89 | $503,425 | $418,907 | -$84,518 | -16.79% |
| Stryker Corp. (SYK) | Equity | +37.85% | 1,299,426 | 1.54% | $352.90 | $328.57 | $458,564,964 | $426,952,401 | -$31,612,563 | -6.89% |
| Alphabet Inc. (GOOGL) | Equity | -1.16% | 9,174 | 0.01% | $313.00 | $287.22 | $2,871,462 | $2,634,956 | -$236,506 | -8.24% |
| Tesla Inc. (TSLA) | Equity | -19.57% | 1,511,503 | 2.27% | $447.88 | $371.18 | $676,965,633 | $561,032,126 | -$115,933,507 | -17.13% |
| Booking Holdings Inc. (BKNG) | Equity | -99.78% | 143 | 0.00% | $5,355.33 | $4,202.83 | $765,812 | $601,005 | -$164,807 | -21.52% |
| Vertex Pharmaceuticals Inc. (VRTX) | Equity | +100% | 887,640 | 1.36% | $456.38 | $446.54 | $405,097,722 | $396,366,766 | -$8,730,956 | -2.16% |
| ASML Holding N.V. (ASML) | Equity | +100% | 190 | 0.00% | $1,069.86 | $1,319.08 | $203,273 | $250,625 | +$47,352 | +23.29% |
| Boston Scientific Corp. (BSX) | Equity | -5.38% | 9,403 | 0.00% | $95.35 | $62.36 | $896,576 | $586,324 | -$310,252 | -34.60% |
| Chipotle Mexican Grill Inc. (CMG) | Equity | -21.90% | 29,040 | 0.00% | $37.00 | $31.99 | $1,074,480 | $928,990 | -$145,490 | -13.54% |
| Ishares S&P 500 Growth ETF (IVW) | Equity | +100% | 10,414 | 0.00% | $123.26 | N/A | $1,283,630 | N/A | N/A | N/A |
| Ishares Russell 1000 Growth ETF (IWF) | Equity | +181.41% | 70,412 | 0.11% | $473.30 | $426.71 | $33,326,000 | $30,045,505 | -$3,280,495 | -9.84% |
| Lam Research Corp. (LRCX) | Equity | -3.38% | 21,970 | 0.01% | $171.18 | $212.51 | $3,760,825 | $4,668,735 | +$907,910 | +24.14% |
| Mercadolibre Inc. (MELI) | Equity | -99.76% | 206 | 0.00% | $2,014.26 | $1,729.02 | $414,938 | $356,178 | -$58,760 | -14.16% |
| O'Reilly Automotive Inc. (ORLY) | Equity | -3.64% | 14,830 | 0.00% | $91.21 | $92.23 | $1,352,644 | $1,367,697 | +$15,053 | +1.11% |
| Synopsys Inc. (SNPS) | Equity | -35.78% | 1,093 | 0.00% | $469.72 | $396.88 | $513,404 | $433,790 | -$79,614 | -15.51% |
| Uber Technologies Inc. (UBER) | Equity | -1.51% | 5,889 | 0.00% | $81.71 | $71.89 | $481,190 | $423,360 | -$57,830 | -12.02% |
| Vanguard Growth Index Fund ETF Shares (VUG) | Equity | +458.41% | 14,044 | 0.02% | $487.86 | $436.56 | $6,851,506 | $6,131,049 | -$720,457 | -10.52% |
| Vertiv Holdings Co (VRT) | Equity | -99.67% | 4,384 | 0.00% | $162.01 | $249.75 | $710,252 | $1,094,904 | +$384,652 | +54.16% |
| Workday Inc. (WDAY) | Equity | -37.96% | 1,481 | 0.00% | $214.78 | $129.92 | $318,089 | $192,412 | -$125,677 | -39.51% |
| Linde PLC (LIN) | Equity | -10.26% | 481 | 0.00% | $426.39 | $495.73 | $205,094 | $238,446 | +$33,352 | +16.26% |