| # | Security | Value | Shares | % Port | Change | Δ Shares |
|---|---|---|---|---|---|---|
| 1 | General Motors Co (GM) COMMON | $933.2M | 12.53M | 15.4% | REDUCED | -2,652,822 |
| 2 | Lennar Corporation - A (LEN) COMMON | $923.3M | 10.63M | 15.2% | ADDED | +538.0K |
| 3 | Toll Brothers, Inc. (TOL) COMMON | $770.4M | 5.65M | 12.7% | ADDED | +42.1K |
| 4 | PulteGroup Inc. (PHM) COMMON | $646.5M | 5.50M | 10.6% | REDUCED | -37,319 |
| 5 | D R Horton, Inc. (DHI) COMMON | $475.7M | 3.47M | 7.8% | REDUCED | -17,226 |
| 6 | Oshkosh Corp (OSK) COMMON | $372.6M | 2.53M | 6.1% | ADDED | +9.7K |
| 7 | Arrow Electronics Inc (ARW) COMMON | $271.9M | 1.90M | 4.5% | REDUCED | -4,111 |
| 8 | Avnet Inc (AVT) COMMON | $241.6M | 3.92M | 4.0% | REDUCED | -8,354 |
| 9 | Baxter International Inc (BAX) COMMON | $240.4M | 14.31M | 4.0% | ADDED | +3.61M |
| 10 | SLB LTD (SLB) COMMON | $239.7M | 4.66M | 3.9% | ADDED | +3.8K |
| 11 | Icon PLC (ICLR) COMMON | $221.6M | 2.00M | 3.6% | ADDED | +1.99M |
| 12 | Lear Corporation (LEA) COMMON | $205.5M | 1.70M | 3.4% | REDUCED | -78,669 |
| 13 | Avantor Inc (AVTR) COMMON | $177.1M | 22.59M | 2.9% | ADDED | +2.09M |
| 14 | NOV INC (NOV) COMMON | $108.2M | 5.75M | 1.8% | ADDED | +6.2K |
| 15 | Vanguard 0-3M T-Bill ETF (VBIL) ETF | $90.5M | 1.20M | 1.5% | ADDED | +423.7K |
| 16 | Meritage Homes Corp (MTH) COMMON | $90.0M | 1.45M | 1.5% | REDUCED | -10,491 |
| 17 | Lennar Corporation - B SHS (LEN/B) COMMON | $30.6M | 364.1K | 0.5% | —HELD | 0 |
| 18 | Taylor Morrison Home Corp (TMHC) COMMON | $15.8M | 270.6K | 0.3% | ADDED | +223.1K |
| 19 | DNOW INC (DNOW) COMMON | $9.8M | 824.5K | 0.2% | NEW | — |
| 20 | CRH PLC (CRH) COMMON | $1.8M | 17.5K | 0.0% | REDUCED | -2,500 |
| 21 | Agilent Technologies, Inc. (A) COMMON | $1.2M | 10.7K | 0.0% | —HELD | 0 |
| 22 | J P Morgan Chase (JPM) COMMON | $1.2M | 4.0K | 0.0% | —HELD | 0 |
| 23 | Charles Schwab Corporation (SCHW) COMMON | $1.2M | 12.5K | 0.0% | —HELD | 0 |
| 24 | Terex Corp (TEX) COMMON | $645K | 10.9K | 0.0% | REDUCED | -8,500 |
| 25 | Union Pacific Corp (UNP) COMMON | $493K | 2.0K | 0.0% | —HELD | 0 |
Holdings data sourced from SEC EDGAR 13F-HR filings. Updated quarterly, approximately 45 days after quarter end. All data is public domain.
Last filed: Apr 6, 2026